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tro».AW|» nRMfl! • DEC 23,34} TUESDAY Volume 154 Number 4023 New York, N. Y., Tuesday, December 23, 1941 and Bond Sales daily > NOTICE—Cash and deferred delivery sales are Below furnish weekly?, - -: the New York Stock on Price 60 Cents New York Stock «» 32d of one or more a point. Daily Record of U. S. Bond Price* Dec. 13 Dec. lb Dec. 16 Dec. 17 Dec. 18 Dec. 19 l' High 116 116 4^8, 1947-52 Low. 116 116 Close 116 116 Trcasuiy Treasury High .V 10.3. 2Ks 1967-72 101.10 (Close 2 Kb, 1951-53 (Close Total sales in $1,000 units... Owt-of-Town Listed Markets 100.4 100.5 100.4 100.3 10 103.5 10 100.5 17 30 19 Transactions at the New York Stock (High (Close 1 Total sales in $1,000 units... 103.20 .Close Total sales in $1,000 units... 104.31 Low. 104.31 108.20 (Close Total sates in $1,000 units... 10 Week Ended (High ( Low. (High 2s, March 1918-1950 -S-. 102.1 ( Ia>w. ' (Close 102.1 (Close Total sales in $1,000 units. 2s, Dee. . 101.25 1948-50.-.-..-(Low. 104.25 Total sales in $1,000 units... (High (Close 110.28 110.28 110.28 Total sales in $1,000 units... 1 1 *4 (High ( Low. (Close 110.10 110.10 110.12 110.10 110.10 110.8 110.12 110.10 110.12 2 18 110.24 110.25 110.24 110.25 111.2 110.24 110.25 111.2 2s, 1953-55 111.2 475,000 31.000 7,128,000 602,000 66,000 7,652,000 6.624,000 573,000 36,000 627,000 50,000 7,131,000 496,000 57,000 $4,969,000 6,755,000 7,796,000 8,261,000 7,301,000 7,684,000 $39,355,000 $3,138,000 $273,000 $42,766,000 1,313,400 1,271,269 6,773,312 Week Ended Dec. New (Close arm 19 , Jan. 1 to Dec. 19 York Stock 1940 1941 Exchange 1941 103.10 106.13 196.10 106.13 103.10 1940 10 $273,000 V; $594,000 155,912,031 f. 200,274,228 $19,001,000 $38,259,000 3,138,009 4,*14,000 157.272,000 39.356,090 48,697,000 1,856,261,000 210,398,000 1,357,234,000 $42,766,000 S53,705,090 $2,032,537,000 $1,605,891,000 U. S. Government--.- Forelgn.. ---- Railroad & Industrial- (Close 15 4,157,920 Ronds (Low. *1,000 units... 106.13 6,773,312 Stocks—No. of shares. (High (Close Total sales in Low. 6,249,000 1,225,993 1,223.5)9 .. Total..... Total sales in $1,000 units... Mortgage 3KS. 1944-64 (Close $33,000 1 Federal 1 (High Sates $365,000 -1- (Low. > $4,571,0)0 Friday 101.25 [Close 2 Rond Ronds 629.310 — Wednesday. Thursday.;.... Total sales In $1,000 units... ■ Total Government Iionds 1,109,810 Saturday Monday (High (High | Low. (Close Total sales in $1,000 units... United States Foreign Roods of Shares 1941 Dec. 19, Tuesday;---—- 102.1 Total sales in $1,000 units... Low. Num'oer 104.31 2 (High Railroad and Xliscell. Slocks, (High 2s, 1947 Exchange Daily, Weekly and Yearly Low. 108.20 Low. 1945-47.- 100.4 100.3 100.3 $1,000 units... 2Kb. 1954-56 High 2KB. 10.3.3 100.3 (Low. Total sales in 105.12 1955-60.. 100.1 100 (Close 1 105.12 2 Ha, 100 (High 104.10 Low. 3a, 1951-55 Exchange • 105.12 38.1946-48.-. 100 100. Total sales in $1,000 units... 104.10 (High 3'As, 1949-52-. 100, 100 Low. — ! units... 3>As, 1946-49-- New York Curb (High 101. 101. j Low. 8>£s. 1944-46-. QUOTATIONS Low. 101. units... / Corporation News Total sales in $1,000 units... (High Total sales in $1,000 City News 19 (Close Low- ... 18 [Dec. (High (High 3Ks. 1943-45-. 17 Dec. Low. 2Kb, 1956-58 (Close Total sales in $1,000 16 Dec. Total sales in $1,000 units... units... 3KB, 1943-47 year. (Close (Close Total sales in $1,000 15 Dec. (High 2Kb. 1952-54... 108. (High (Low. 3Ks. 1940-56 13 Dec. (Low. 108. (Close units... Total sales in $1,000 the Total sales in $1,000 units... I;?W" . for range (Close Total sales in $1,000 units.,. 4s. 1944-54 State and Dec. the Also In This Issue (High 2KB, 1950-52 computing ' >: Daily Record of U. S. Rond Prices In Exchange a Figures after decimal print represent Exchange No account Is taken of such sales daily record of the transactions in Treasury, Home Owners' Loan and Federal Farm Mortgage Corporation coupon bonds on the New York Stock Exchange during the current week. we Copy a yearly disregarded In the day's range, unless they are the only transactions of the day. U. S. Government Securities . Total sales in $1,000 units... Total sales in $1,000 units. (High 3s, 1914-49 - Lov. Total " (High 2Kb. 1948-51 - - (High ] Low. .... 3s. 1912-4? (Close Lo iV;-v „.,]Low. 1951-54.. 103, 100.17 100. 103.16 (Low. 3.) b3 Home Owners' Loan (High -. - . 104, 104 (High .(Low. (Close 10 • Low. Odd-lot sales, Note—Trie bonds. 24.71 14.06 106.44 36.66 90.15 Total 46.96 108.09 87.91 14.07 36.8» 105.55 90.59 47.10 108.20 88.11 lJ.Jz 36.72 103.78 90.61 47.16 108.25 88.20 24.56 13.80 36.2a 106.53 90.19 46.46 108.20 87.85 I)ec. 18- 108.21 21.59 13.60 35.93 106.31 89.95 46.05 108.17 87.62 Dcc. 19- 103.2b 24.68 13.51 35.96 106.20 90.06 46.20 108.24 87.68 Close t Deferred delivery sale, t Cash sale. above table includes only NEW YORK BOND RECORD sale of Transactions in registered bonds were: Treasury 3Ks. 1943-1945.------1 Treasury 3 Ks, 1944-1946.. 1. BONDS N. ....104.81 --------- 105.8 LOW Saturday Y. STOCK EXCHANGE AND HIGH to Dec. 13 Dec. 16 15 $ per share Wednesday Dec. $ per share Sales Thursday 17 Dec. Jjtcr share Friday 18 Dec. T the 13 • ' STOCKS ' Treasury Treasury Range Since Jan. 1 'A- EXCHANGE Range for Previous On Rasts of IOO-Share Lots ,^-V Week Treasury $ per share Lowest Shares Par Highest $ per share $ per share Lowest Highest $ per share $ per share Treasury Treasury Treasury 49 487s 49 48 *39 48 49ii 48t2 10SU 10814 *10314 103*2 45 *45t8 *39 43 49 *4514 19 10*8 684 19 684 1') *18t2 *10 10 10' s 37 371.1 37 39 10 6*4 *732 •t 71 *50 NR 178 * *32 4'8 418 4's 4 3*4 12l2 6*8 47 *4512 7 684 19 18t2 9*4 . *..,. "l« 4*8 4 1212 For footnotes see page 87 S32 * '8 3!5 65 2 4*8 4 I 13 67« 19 *4734 48W 1 0S»33 108932 38 4654 6% *1812 10's 36*8 9i2 36i2 '4 *316 *3I6 k 65 ~T"78 k__ 17« '~8 4 334 1214 '32 178 . *33 4's 4 4 334 12U 4634 67s 19 10 37 7s '4 1,800 300 *12 2 4'A% canv preferred 100 46 Feb 21 108 Dec 12 Abraham & Straus ....No par 3/14 Dec 18 300 Acme Steel 43;2 Dee 10 8,000 300 3,300 16,700 900 ! 0,500 100 31« 10^806 4-48 4 7,100 3,300 13 Abbott Laboratories.—No par 140 65 100 S32 418 4 1618, 48 6l2 *18l2 lOlR 934 37 > 35'2 4l2 *12 46 7 18 >2 4 121O 48'4 108U IO8I4 38 U 37>4 4Gl2 100 *32 4 3!2 1212 48 39 10t,i 37*8 37's 377s 36 U 73j 7 32 316 71 *.... 71 *.... 17S IV 2 178 100 4 Treasury 48i2 *10814 109 477« 1947-1952 ..1944-1951 1946-1956 1943-1947 3(48..........1943-1945 3349 1944-1946 3J4b 1946-1949 334s... 1949-1952 3s .........1946-1948 3s..... ....—.1951-1955 50!) Co..——25 Adams Express Adams-Mllil3 Corp. Addre,ss-Muitlgr .No par Corp...-.10 Air Reduction Inc Air Way Ei No par — ..No par Appliance ..No par Ala & Vicksburg Ry Co...100 Alaska Juneau Gold Mln 10 Albany & Susq RR Co 100 Allegheny Corp. —No par 5 K % Pf A with $30 war. 100 5K% pf A without war. 100 $2.50 prior conv pref.No par & Low A J M 0 116.6 D ------ S ./ Range Bonds Sold Asked Since Jan. 1 A 0 .4 108.24 • - 105.12 10 108.20 i. 'j. 1 105.12 D lit.13115.7 r- 1 104.10 108.20 *111.7 111.16 High 121.26 108.12 113.18 6 ~ 104.1 104.10 D 116.2 11 104.1 O J J 108.24 No. Low High 116.15 *110.20110.29 1) — 103.30107.25 104.4 105 8 108.6 109.9 2 108.20112.12 - 112.7 - 114.9 • J M I) 5 *108.3 111.2 108.11 110.24 111.2 110.8 ■ 110.12 22 106.13 25 106.10109.24 107.21111.21 7 110.4 5i8 Apr22 18'2 Dee 17 5544 Sept 20 124 Sept 25 54'2Sept 23 5134 Jan 6 8't Dec 5 34*8 Nov 29 24U Aug 6 1578 Jan-3 45 July 28 3iaNov 18 49U Dec 101 May 30 May 347g 4U 16'g 12't 36'2 May May June June June «8 May *8 Jan 14 9i2 Dee 19 7014 147 ^Ab Feb 46'j*Apr 60 Nov 113.9 J D *109.23 109.31 111.18 106.31111.25 1960-1965 J D *110.14110.23 107.8 Treasury 234s 9 Apr Jan 58's Jan Treasury 78 Mar Treasury Aug 9 60 May 77 Mar I8.1 Dee 10 92 Sept 26 5 Jan 4 4 May 7 JaD Treasury 99>8 5s 10*8 9>2 21'2 Aug 8 100 Dec 100 i8 Dec 10 3'i Dec 10 12 Dec 12 Jau Treasury 1>8 Jan 14*8 12'j Dec Jan Treasury Treasury Aug 27 *8 June 6*4 June 414 May Treasury Apr 7 24 Dec Treasury Jan 6 Jan 9 3 May „S 106.10 106.10 M 107.27 110.9 *108.4 D ft 108.13 *109 10!).9 a.'» 109.16 ^ 109.16 35 107.1 *105.27106.3 - - - 107.2 ------ *106.25107 110.22 112.24 105.10108.14 - 107.16 109.22 105.2 108.9 *107.14107.23 Treasury 2Kb.; 75 3*8 Dee 10 M M .... Jan 271* 19ij 9 Sept 107.14112.13 J - Treasury 2K3-— 1945 J I) M .S Treasury 2Ks..—... Treasury 2 34s .....1949-1953 J D Treasury Treasury 73 M S .1955-1960 2Hs. ......1945-1947 2%s...——...1948-1951 23As. 1951-1954 2Mb.1956-1959 234s..-..1958-1963 Treasury 27As Treasury $ per share Price Range or Friday's Bid Year 1940 - NEW YORK STOCKS Sale U. S. Government 105.8 Treasury RALE PRICES for Tuesday Last Inter st Period to 101.8 Treasury 4Ks Treasury 4s Treasury 3Kb Treasury 3Ks Monday Week's Friday coupon Treasury 12 Bonds 24.90 NEW YORK STOCK RECORD 12 ties 24.95 Treasury *32 Raits 109.36 1 Close s35 Rails 111.15 Total sales in $1,000 units... 90 trials Week Ended Dec. 19 Low. 2KB. 1949-53.. I84 40 Stocks ties 110.86 High * Utili¬ roads Dec. 17. I Total sales in $1,000 units... * 10 Grade Dec. 15- Close *3,6 Second Grade Dec. 16- Total sales tn $1.000 units. (Close 2KB. 1948 6*8: First Indus¬ 110.73 Dec, 13. 100.31 High *18!2 10 65 (Low. 1Kb, 1945-47... Total sales in $1,000 unUs... 108 Total (High (Low. 2KB. 1945 103 15 Utili¬ (High (Low. [Close *39 10 20 trials *2 2Kb, 1912-44 Total sales in $1,000 units... *45 .* Bonds . Rail¬ 103.31 (Close ; 30 100.31 Total sales in $1,000 units... 4884 averages of representative the Ne.v York SLock Exchange Indus¬ Dale Total sales in $1,000 units... (High $ per share on 101, (Lo w. (Close 3s, series A, 1941-52 Total sales in $1,000 units... Dec. daily closing compiled by Dow, Jones & Co.: 103.16 109.16 (Low. 2KB. 1960-65.. the bonds listed Stocks (High 1958-63.. are stocks ami (Close (High ...(Low. (Close 2 KB, Below *2 Total sales in $1,000 units... Total sales in $1,000 units... 1956-59— 100 100.17 103, (High •]; 2Kb, 1912-47 (Close Total sales in $1,000 units... 2 KB, 133.17 100 Total sales in $1,000 units... (High 2Kb, 130 v. (Close Total sales in $1,000 units... Stock and Bond Averages 1950-1952 M S 2Ks ..1952-1954 M S L... 234s 1956-1958 M S 234s 1967-1972 M ,S 100.4 234s... ..1951-1953 J D 2 34s 1954-1956 J I) 2s .-.....----1947 J D 104.31 2s Mar 15 1948-1950 M S 2s.....Dec 15 1948-1950 J D 2s 1953 -1955 J D 2s... 1951-1955 J D For footnotes see page ...... 1619. 105.4 *104.7 104.16 *102.25103.2 109.1 - <:. 104.31 - 102.1 104.25 *103.30104.5 *100.8 100.15 - 103.16 106.27 103.5 - 10 104.31 102.1 105.9 103.5 *105.10105.18 104.25 106.16 102 - 110 100 100.6 *105.22105.30 118.18 102.8 *106.31 107.7 107.4 104.28106.28 4 100.24 104.4 104.12106.21 1 - 101.24105.7 - ■ -.--- - Tuesday, December 23, 1941 CHRONICLE COMMERCIAL & FINANCIAL THE 1610 Tuesday Dec. 16 $ ver share < Dec. 13 Dsc. Wednesday Thursday Dec. 17 1 Dm., IS Monift 15 $ ner share Saturday NEW YORK for share ir-8 m .'. *11 142 141 141^4 U7g 12% 1 11 5rs 534 5!I 5*4 5 13 *18 17U 80'g *7H? *79'2 2634 27is1 2V\ 18 *17*4 17 13% 13% 29% "10 % 13% 15% "11 *13 5% 20% 20% 20i2 1,69) 43 43% 45% 21.! 4578 5's Am A 21%| 43% 5% 44 42%> 43% 5V? 53% 21% "20% 57 21% 50% 50'4 49 50 45% 6 5% 45% 43 4% 4 4lg 4 44% . 4% 30!2 33*4 *122 125 125 30 *122 " 4 29 125 *121 ♦105U *101 105 101 101 20 *13 19 *175 23U 6334 13*4 *12i2 77s 13% % 217% 13% *90 94 6% ' ! ■ *5% 6% 17«2 i 45 4534 46% 1% 1% 25% 24% ' 3% 8 ; 42 3% *7 *35 3% 2% 2% *30% 32% 49% 45% 45% 45 45% 1% 23% 3% 1% 43% U 25V 45^2 1% 1% 1% 25% 3 1% 25% 1% 25% 278 8 25% *7 8 7 41 40 9 ' 9 8% > *115 120 *115 24 4 4 3% 3% 4 ' 19 19% 19% 19% 1378 *115 120 *114% 120 *114% 120 24 24 • ,'/ % 24% 20 20% 4 4% 4 4% *152 165 1078 10% 51% 51 'b 51% 4% 4% 4% 20% 10 30% 35% *11314 29% 18% 32% 35% 143% 30% 9% 8% 8% 8% 8% *7% 45% 16 47% 48% 46% 46% 48 47% 47% 150 *114% 15018 *145% 150% *148 4 4 3% 3% 3% *3% 24% 24%' *112% 113% 2% *05% 2% 3 75 4 4 a *14% 25 49% 25% *45% 25% 28 28 *27 13 13 13% *111% 8 8 *103% 109% 49% 25% 49% 26% 25% 28 28 27% 257g' 30% 13% .... *43 8% 57 *6% 71 *3% 92loj 57 3% 378 59 5% *7 7% 3% *87% 3% 90 *37% 5% 578 *78% 80% 6 82% 22% 5% *78 *78% 82% *80 87 80 80 *77 85% 77 *23 23% 23 23 23 23 22 *86 83% 83 861 86 86 23% 21% 231i 23 *78% 23% 2378 86 23% 58 53% 55% 5312 53% 57% 57% 19% 20 20% 20% 20 20% 19 *32 44 321"> 33% *40 33 *49" 50 *65% 70 *113% 115 *49% 50 *65% 70 115 115 8% 8% 9 2% 1% 1% *15 3% 22 4 *17 ,/,. 22% 4% 4 .... *814 8 26 % 78 < *31% 28% 25% 13% *111% 28% 13% 8% 110 9 7o 7l 32% '8 31% 3 58 59 70% *40 23% 22% 7% *678 3% 90 3% 57a 82% 87% 5% *78 *109i2 109% 3 3% 3% *58% 59% 58 *40 70% 70% 110 2212 22 7g *3% 3% J';' 87% "5^? 5% 77 76ia| 22 21% 22 24% 57% 19% 5% IOO 3O0 22 87% 83 83 24% 24% 25% 57% 18% 57% 57% 58 19% 19% 19% 33 33 33 33 33 42 42 43 43 43 23% 26 25% 26% 27% *108 iio 109% 108% 103% *103% 109% *103 6% 6% 6% 6% 0% 6% 6% 6% 49% 49% 49% 49t? *401, 49<g 49% 491? 69'? 69 63% 681? *35% 671 *65% 67! *114% 115 115 2% 191? 19% " 3% ♦3% 2% 221? 3% 878 87g 2% *18% 2% 221? 2% *19'2 3% 4% 8% *3% 2% 9% 4 1141? 114!? *1141? 115 9% 4 5,300 Associated 80 21% 2% 8?8 2% 24 *19 '3% 3% 74% Jan No par 6% 1st 7% 2d Jan Dec May 18 June 54% 18 May 32 10 35% Jaly 29 20 May 41% id's A or 25 17% Sipt 11 12% May 9 Feb 20 2% Dm 10 47.% Jin 3 60 J m 20 21% Dm 13 6% Dec 3 Dm 11 9 12% 2% 4% 4% 3% 478 9 *6% 8% 15 % *19% 21 9 3% 23 22 3% 21 9 3% 3% 3% 3% 21% 9% 19% -20% 19% 9% 6% 6% 6% 27% )6i? Jan 19!?fune A...100 5 50 Powder..,;.....#0 par 61 5% conv preferred......100 900 Atiai Tack Corp......#; par 1,300 Auitin Nichols—......#} par S5 prior A — par 50 59,000 Aviation Corp of Del (Tne).-3 2 6 May 29 107 111 18% .1952 I D Juue 113% Aug 12% Jan 7 2% Jan 17 33% Sept 17 8 May 5% Jan 25 70% Sept 30 72 Sipt 18 34% Jan 10 9%Sept 8 , 4% 1% June Juut 35% 97% June ,111% 4 May 7% 35 May 64% 58% 22 Sept 6% Feb 14 47% Feb 14 May 16 22 Feb 14 Aor 6 2 3*>8 May Jan 4% May 9612 88 Apr 43% Apr 11 Apr 9% 102 9 Jan July , Jan Aug 84 95 45 * 9% 9 S 8% 17% 16% 16% 17 17% 18 18 13% 13U 19% 21% 21% 21%, *217s 23 *101% 101 *101% 101 *101% 101 *24% 27 *24% 27 *24% 31 *114 7 7 7 30 *12 39 33 33 33% 33 . 8 8% *16% 16% 8 17% 17% 18 22 22% *22% 1,80) BAifor& Aroostook—.....50 Conv 5% preferred.....100 570 70%May 8 28% Jaly 22 39% May 64% Doc 9$ May 23% Jan 8% June 22% Apr Nov 9% June 7 6 56 111% Sept .. 18% May 102 7 7% July 10 Oct 27 121 June May 25% Apr 27% May 22>2 111 Dec 9% Mar Feb 61 67 80% May May 112% June 4 9% Jaly 28 l7g " 5% Jan 10 4 124% Jan May 8?g Mar Feb 5% Mar 82% Mar May Aug 8% 5s... 24% Mar 17 ,200 Bavuk Ci rars Inc Beech Creek RR No par .25 No par ..._.._50 116 lO0Beeih-Nut Pacidn; Co....20 7 7 7 *12 30 i.lOO Beldlig-Hemi lfway No par iBelfian Nat Rys part pref 33% Jaa Jaly 25 13's Dee 10 30 37% 52% 31 i3,700 Bendlx Aviation 5 5 17% Dm 18 Dm 15 20 35 31%Mar 24 27% July 22 9 103 Oct 14 23% Feb 17 103 Jane 25 32 Apr 28 10 2% Dm 7 Sipt 1 i 10% Jn 14 3 2% Air 21 129 Jan 6 8% Jaly 29 17 41 % Oct 7 Sipt 18 Jau 16% Apr 4 May 8% Jau 20 May 30% 7% June 13% Doc 25% Dec Jau Dec 23% 20% May 18% May 105 36% Apr Apr 2-0% May 82% 127 Oct May Jan 7% June 9% .see page 1618. ^ . 58% 58 59 58 H 1984 J 59 59 60 A ...1967 H 46 A 104 ^ 103 A 104 A 100 H J IOO 101 46 H 46 J J ...1968 MA' 30-yr 4s—;.1960 A 0 i 1952 M N — 67% Apr 24% Mav 36% Apr 9Hl4 07 H 98% 97 H 97 97 A 97 94 >A 93 A 94 A 98 '4 94 A A 94 94* 9 (I I960.. 10% 4 16%/' s% *14!K -1942'M N 7s.. 15% ; 12 H 13 O 14 A 14A O A A ♦Ry extl s f 6s Jan 1961 J J ./ J — *08 assented.—.Jan 1961 13 A 12 A 14% 13% >4 14% 2 10% 16% I 13 A 13 8% 15% t 14 A 14% 13% 14% 48 b 6 10% 16% • M A VAA 13 13% 11 8% 15% ! A O 14 A 14% 14% 1 10% 16% A O -..1942 M N ♦7s assented ♦External sinking fund 6s.I960,A ♦6sa-seated -I960 .4 ♦Extl sinking rund 6s-Feb 1961 F *68 absented .....Feb 1961 F ; . ♦Extlsinking fund 6s_.Hept 1961 *6s assented........Sept 1961 ♦External sinking fund 6s...1962 —*6s asse ited— 1962 ♦External sinking fund 6s... 1963 ♦6s assented.—;;.. ..1963 M 14% 13% 14 H 13 A 13 14 . 10 59 16% 9 14 15% 10% 22 9 17 , 9 10 » 16%| 15% 1 15% 12% 13% 14% 14% 1 11% 16% M N 13 A 13 13% 24 9% 15% ♦Chile Mtgc Bank 6lis........1957 J D ♦6 lis a seated. —. —.—1957 J D 13% 6 12 i> 1961 13% 1 —;1961 J D 12 12 2 8% 14% 1961 A O 13% 10% 15% A O 11% 13% 12 4 0 i——.1061 *0s assented 32 8% 14%' 13% 13 4 2 9% 15% 11% 11% 14 8% 14% 8% 14 8% 13% 8% 14 ..1962 ♦Guar sink fund 6s a^se 11% 11% J/N ited—... ———i— 1962 M N 11% ♦Chilean Cons Munic 7s......1960 M n ♦7s assented—............. 1960 M 8 11% ♦Chinese (Hukuang Ry) 5s....1951 J D 10 16 *12% 11% 11% 11% 7 5 6 26% 43% 30 43%! 28% 22% 35% 23 29 O 37 A 37 40% ./ J 39% 4 O 37% 29% 37% .4 28% 314 82 A O A With deilaration .• M N F J *24 A *24% A 24% 18% 19 20 *19 4,i .... *15% *1*5% 7s.. 1942 J J 96% 96% ♦Cista Rica (Rep of) 7s..—.. 1951 MN 11A — (Republic) 5s of 1901.... 1914 11% b *109 A M External 5s of 1914 ser A.... 1049 *100 . 98% 1949 F External loan 4Hs 4Hs external debt 8i.ikl.1g fuad 5^s...Jaa 15 ♦Public was 5>is...June 30 A 1977 J D 72 1953 ./ J *100% 98 A 101 1945 J D ♦Czechoslovakia (Rep of) 8s... 1951 .4 ♦otuking fund 8s ser B——. 1952 97 13% *12% O AO *15% 15% 98% 75% 104 104 16 15% D J 49% 41 FA *29*" *26 Apr 15 1962 AO *25 A 22 6s——..1942 J With declaration.. External gold 5Vis : 1955 With declaration., External g 4)is With declaration ' 1619. 52% *28* *26 " 28 22% 44 0/N Denmark 20-year extl 2 *21% ..;.1953 . 24% %! 38 M S . 15% 30 ■ l*Cologne (City) Germany 8 lis.'50 Colombia (Republic of)-— *6? of 1928 ......Oct 1961 ♦8? of 1927—Jan 1961 3s externals f % bonds..—..1970 ♦Colombia Mtge Bank 6)is_-.l047 ♦Sinking fu.id 7s of 1926--1046 ♦Jinking fu id 7s of 1927—.1047 Copeihagen (City) 5s ...1052 Cuba 15%. 144 14% 13% ♦6%s absented..... ♦8s 9% 8% 13% 11 % ♦Guar sink fund 6s , . i D ♦Sink fund 6%s of 1926 . VIN J For footnotes see page For footnot es — . ♦Chile (Rep)—Extl s f ] Apr Nov 10 .:. 5 56 H O ♦6s Oct coupon on Apr 35% 112% May 102 8 . 2 §8 -.1976 4 ♦os July coupon on 1960, ♦Finn Loans f 6s...Oct 15 1960 A • 8% May 1 64% 50% A 7-year 2 l%s 30-year 3s 30-yoar 3s ♦C irlsbad (City) 8s —..1954 J J ♦Cent Agric Bank < Jer) 7s—1950 M S *F irm Loa 1 s f 6s..July 15 1960 J J Jau - V: *70 M 8 F A J J 1944 J J 1967 J J .......1968 MN Jan 1 5,>00 Bath Iron Works Corp.. 7 37% 8 14% 7n F10 19 *12 33% 23 3% May 4% Dec 24% Dec 8% Jaly 31 12%3ept 12 5 11,70J Barndall Oil Co 7 37'% A >r 6% 12% Sept 12 9% Jaly 31 Sept 18 10% Jaly 22 39 3378 9 19 2% May 6% Dei 13 7 117 8 12% May Jan 27% Dec 19 536% 1,500 Beatrice Creamiry $5 preferred w w 114% 114% *111 f Dm 3% Dee 19 19% May 2 f 39 45 61 . 2 10-year 2)is ..—......1915 25-year 31^8..............1961 Apr 5% Jaly 31 19 1) A 1077 1/ 8 25-ycar gold 4lis— preferred.;.......50 230 i 27 27 10% Dei 2% Dm 10 3% Dm 10 I 61 19%: 102 60 58 . V ...1975 M N -secured s 17s Cauada (Dom of) Jau 43% June 51% Nov 21 72% Jan 9 5,20) Barber Asplialt Corp......10 No par 1.10) Barker Brothers.,.. 18% *24 *21 preferred———100 23 *101% 104 *101% 101 4% *12 *114 118 7 *12 33% 4,60) .1962 » I) ...1976 IF ♦stabilization loan 7 lis.. Mar May 45% Oet 21 A 7 »'A . 100% Mar 13 28% Dec v ...1961 ,Externals f 4>i-4.%s Der 29% June J9 60 19 S .1950 — 3% exter nal 8 I § bo ids.. ^B ulgaria (Kingdom of)— Dec 49% May 65 5 31% J tly 22 % Apr 17 Miy Jan May Apr May 3 6 l%May Feb Dec Apr 82 3% Oit 25% Oct 13 -s 6'8 May 6% Jan 10 91% Oct 21 10% Sept 18 88 Apr 23 ; \l .1958 *6s stamped—— s f 4)i-4JiS—i. 15% Nov 8 1957 . Cordoba (Prov) Argentina 22,509 Baldwin Loco Works v t C..13 20,00) Baltimore & Ohio........ 100 27" 13% 118 9% 9% 27% 7 20 *112 8% 3% 20 6% 23 *12 33% 4>s 27% 8% 7 4% 28% ,18% 117 4? 6% 9% 7 4% 28% 8-8 16% *114 4% 28 15% *101% 104 28 2% 4% 9% < 6% 29% .*..._ 2% 2% 7:7 6% 29% 8% 22 13% 2% 2H? 7 21 13% 2% 5 3% 30 8% 16% 13% 2'2 13% 9 9% 9 13% 13% 2% 21i? 5 3% 23% 13% 13V 2% 4% 3% 13% 27s 30 18% 18 External read) Apr B 12% 2% *3% 23 18% Mar g 107 53% Dec 10 13% Feb 14 131? Feb 1- 22 9 112%Sept 70 22% Apr h Dm D 18 Deo 26 d I 22% 18% 8% Nov 35 100% M ir 24 7 O Dee 4% May '56% July 14 30 Jaly 22 Dec 10 *75 a External Apr 7 *75 D 10 .1057 A ,1- Refund! ig s f 414-414s.•. 6% Nov 12 115% Oct *93" Buenos Aires (Prov eO— V Det 53% 61% 110%June 30 *75 Mar 175'4 Mar 89'2 Apr 91% Apr 25% May 8 81% Sept 18 8 Jan 4 1958 external 8s— With declaration... 12% 2% 23 . Jan 9 46% May 13 22% Feb 14 Dee 78 78 Sj Feb Feb 101% 5% preferred.....—.. .100 4,800 8,900 Atlantic Coast Line RR...100 50 17% 23% 93 83% June 6 May 1,400 Assoc Invastra lata Co .No par 270 5% preferred.. ....100 2%300 Atcli Topeka & Santa Fe—100 300 Atiai Apr 99% Jan 11 24 A >" "j, 113* .1941 5•Bud ipest (City of) 6s.... Jan Apr 102% Aig 6 35% Jau 23 96% Mar 12 4% conv pref series 16,300 Atlas Corp POO 6% preferred 14% 12% 8% Aug J .1957 \ s f 5s Si ikl ig fund gold5s sinking fund geld 6s... 4 2 >8 76'2 Dec 18 21% Dec 19 82 Auf14 13 Jn 2 1O0 l5'2% May 33% Jan 5% May 5% De? L0 78 Dec 19 — 55% Deq 70 % Feb 7% Jan 10 2% Dec 48 12% Mar 2% Dec 10 66 Dec 16 3% Dm 10 Feb 14 35 ♦7s (Ce ltr.al Ry) 110% Aug 23 87% Dec 18 1,009 At! G & W I S3 Lines..-,..1 80 0 5% preferred.,.. ..100 .25 7,500 Atlantic ftefinla?..;.... Jum 139 9 9 29% Aug Dnr 68% Jan 54 With declaratioa..;...—. Sept 11 I preferred.......100 preferred;..—-.100 69% 7 100 Dry Goods 145 150 Dei 51 Co.-.Wo par Corp.... 11% May May 7 23% Dm preferred..........IOO 1,000 Artloom Corp.. 7% preferred '50 78 26% 115 7% Armitron? Cork 12% May Dei 6 112 200 Arnold Constable *76 231? *86 1,400 78 81 76% 83% 4 92% 19% Aug 168% Jan 73% Jan 3% Dei 10 No par May It 70 ig 43 % D m &CabLe-_ATp par 9% May 13% Jan 14 Dei 18 : May 19% May V 22% Sept 17 98 Sept 24 Jan Dei 49% 139 28% Jan 10 11% July 12 43% Dm 500 Archer Daniels Midl'd-AH par 40!) Armeur&CofDel) pf7% ft d .100 15,500 Ann jur & Co of Illinois..—. 5 13^109 Det 30% May 122 May 150% Jan 10 9 9 52 A ' Brlab.me (City) s Apr lt%May 27 - V 7 7 71 23% 48% May Feb Deo 7% Dei 17 Fib 19 .#0 par S3 conv prior pref 9% Mai 5% Mar 18% Nov 74% Nov 11% Dm 52 4i f 6lis of 1926. ♦Externa! 163 54 13 600 Andes Copper Mining.....20 1,200 A P W Paper Co Inc........5 , Jan. Jan 45% July 28 155 Sipt 9 54 Jin 21 8% Dec 10 1,400 Anchor Hock GlaseCorp. 12.50 $5 dlv preferred No par 8% 7i 31% 4% May 135 ." 51 V N ♦External s f 6 lis of 1927. ♦Brazil (U S of) Jau 10% 41% 15% Dei -100 510 Anaconda W ■ .64 May 29% Dm 13 Na par Preferred. 28% Mai May 130 3,900 Amer Zinc Lead & Smelt.;._l $5 prior canv pref-._--.-25 100 58,200 Anaconda Capper M lain a. .50 49 *47 41 42% 25% 28 9 *1% •111% 3,300 4 34% May 5 Mar 13 62 A With declaration..—— fan Jau 23 133 Wks & Else.#} par 2,300 American Woolen 4% M ir 5% 63% 33% Dm 10 Founders Inc.... 10 14 12,20) Am erican Viscese Corp 100 5% preferred.......—100 S3 1st preferred- 26 May 2 Jan 13 7 62 A 58 A 959 ♦External d ikl ig fu id 6s. M ir 2 Am Type 300 124 . 10% Oct 2143 Am Water 25 July 40% July 29 ..100 17,700 f ♦Berlin (Germany)c f 6,'diS- Jan M ir Dm 10 81 2% Jau 3% Dm 10 125 "3" 700 14% 6 Preferred. ...100 500 700 Am Sumatra Tobacco..Ho par .... . May 20% Jun< 4 60 61 H With decltratioi..—„ 7% Jan 10 73% Jan 67 A 6li% S .1955 J Mat 12% Mai „ 40 70 68 J With doel iratloa External s f 7s Deo 29 38,509 Amer Telep <ft Teteg Co...100 12,103 American Tobacco.. .....-25 Camnnn cla« B ....25 23,200 6% preferred... Jan H955 External sf6s..- •v. . Jan 92 90 165% Aug 15 15% Jan 6 4% Dm 10 Safety Razor. .18.50 Seatlni Co.-AH par Co.ATe par Amer Smeltin? & Refg.ATo par Preferred. ...100 American Snuff.... 25 6% preferred;'-........ 100 Amer Steel Foundries..#} par 300 American Stove Co....No par 6,500 American Sufar Refining..100 66 3% 26% 25 13 25% 13 90 , 31% 33% 33% 42% 44 *40 25% 26% 25% 26% 109 *106 110 *106 6! 6% 6% 6% 24% 12% ... 3,600 3% 4% preferred 19,600 2,503 American Stores.... ...V0 par 70%: 70% 49 *48 26 27- 200 47% *65% 4% A}4% conv 150 2% . 70% 378 33 *40 *7 23,900 ' 23l.t 3% 6 41? 70% 3% 4i % 70% 22% 90 8% *32 59% *40 22% 07g *87% *65% 5 109% 109% *109% 110 3% 3i? 3% 3% 57% 70% 12% *11138 33 21% 67g 4 6 3-8 3% *40 22% *87% 110 27 70 2% 67 39 770' Amer Shlo Bull dim? 25 25% 25% 114% *113% 114 2% 43 *46 V % 110 3% 9% *3% 33 33 3-% 57% 21 % 13 13 *111% s 71 70 4' 48% *32 70% 3% 57% *65% 478 5% 4-1^ % 32% 72 4% 8% *% 32% 2% 66 5% 71% 72 70 *112% 66 5% 5% 70 68% *113 1141 *113 278 2% 67 67 5% 5 3 241? 25/ 24% 114 *113 113 47 3% 378 3% 37 37„ 46% Jin 17% Dm 10 Dm 17 N) par preferred.........V? par Dm 10 93% *148 150 *148 150 21% D1J19 $5 3% Jan 50 8 48% 48% 45% 48* 45 *143 26% Aug Apr 22% 1% Mai 4 30 13 13 13 O .1949 M With (led tr itio i-——— O* 'Jan 13% A114 6 Apr 23% J an 2 4 1? N >v 23 3,103 American 1,8001 American 15% 125% Dse 100 .1945 F L- With did iratioi....... 23 27 69 A With deal ir ition... 10 121 76 A 67 A B Mai 6%S«pt 17 15% A i.*24 111 Mar 4 8') 68 — Belgium extl 6 67 13% Jaa 10 2% Fib 15 11 884 74 A A M N f With declaratioa Apr Apr 3% 35 June 10 95%Jane 21 8% Dm ^♦Austrian (Govt) s f 7s 38 77% Dm 10 24 F M N .1957 1928 M ir 66% 12% Sept 17% Jan 10 *9 A *17'A /) f M t*B ivarla (Free State) 6 lis. 41% May - 50 , 100 20% 45% 45% 45% 461 45% Dm 16 3 External g 4t$s of Apr 38 Mav 8 13% Jan 27 Jan Nov 11 $6 preferred... 5,480 31% 125 18 18 9?4 JO % 9A 9A a 9 H ^.1957 1953 External -5s of 1927... Apr 6% May May 45% May 1% Dec 8 3 7 30% Oct 4% Jaa <)¥i 9 M-t extl co jv 1 oan 4s Apr ... 1972 Australia Com'weilth 5s.— ...1955 J Jan Jan Jan \QA QH 60'2 May May 3 7% DM 10 -Na par 24% 2 2'fjSipt 7 6% preferred.i...... 100 AT? par 28% 7% 0% May 23 51% Aug 40 preferred....U-.50 5% csnv 10% Mav 2% May 33% Aug 29 1% DM 20 Fib 14 2% Dm 2?s — S f Apr Ja" 6% i Dec % 19 38'2 Jau 4 4% Jan 10 3 Nov 43 Products...1 No par - 3% June 3 3'% Jen 13 May 15 27 .50 1% May 9 *9% i 91% 6 9A 9% 5s....1958 Goverament)— extenal 454« 1948 ext conv loan 4V£s_.— —1971 extl conv loan 4s Feb ...1972 S f 15% 8ept 9 % 1957 f 7s 3d series. sec s (CItv) external 10 9% With dec! r itioa.. S f May 28 A 9% Arge itl te (N itlo ial Apr Mar 3% Mar 8 2 4% Sept 9 7iS 92% 15% 15% 129% 125 4% May Antwerp Apr Jan 9% 8% 75 28%3ept 19 1% Die 10 117S Air 15 *29 Fib 14 2 D 5 510 Fib 17 Dm 10 4% 19 94 15% 15 1321 par t^athnr.-.l preferred . ♦External Nov 115 5% Mav 1% Jan 2 221 24 A 9% ./ I External s f 7s 1st series;,. 1957 ♦Externalsees f 7s 21 series. 1957 ; 140% May 13 Feb May . Jan 23<2 24 A *15A O Vf 8 *EttemaiS 17s series C—..1945 ^♦External s f 7s series D ——1945 Nov •65 May 9 6%Aug 1% Jan 11 155 51% *7% 191? *91 % 931 15 128 10% 4% 8% 19% 19 *91% 26 25% 25l2 24% 113 *7% 73 7% 17 91% 1 -5% 15% 132% 131% 45% 477S 47 48% 9?'s 134% 133 134% 133 18% 17% 91% 'PI1, 15% *14% 13 *)0% *14% 17 93 9% 8% 17% 91% 8% 13 17? 16% 9% 9 39 2978 *137% 143 112 6 95%Sept 11 Preferred;.103 40 17,600 Amerlcan Rolli 1? Mill;....25 38i2 39% *142% i4378 *142% 143% 30 31% 30 30% *137i2 143 *137% 143 17 ,17% 16% 17 8% 9% X9 9 37% 33 143% 1431. 3 Jaa 19% Aug 9 14% Fsb 15 96,500 Am Rad & Stand San'y.AH par 167 31% Jin 21 .Nov 27 8% Jan 23 94 Die ■' *7 32i2 38% *30% 37% 18% 17% 17% 30% 142 142 144 17% 7 6% conv 6,503 6,800 4 50% 7 51% American Hide Ac 50 »ie 10% 47„ 7 May 13% May .100 May 7 9% A lg 29 % Dei V 31% Mav May 34 23% Jan 9% F»b 19 73 Jn 7 preferred A_..A7n par preferred.-..'---.A7j par Amer Hawaiian S3 Co.-.-.10 100 American News Co 20,700 Amer Power & Lljtit— 18% *165 10% 18 79% J uy II 4% Fib 17 1,600 Amer Mach & Metals..A7n par 2,300 Amer Metal Co Ltd...ATa par 22% 3% 34% July 22 x!7 3 % J an Dee 185 Mav 4 (King of Norway) 4s. 1968 *A itiogula (l>ent) coll 7s A...1945 J ♦External s f 7s series B._;_1945 Jan 16% Dec 85% 164 7 ....19'8 ♦btd slak fund 6s A'ccrshus 2% July - 4% D15 16 $9 250 23% 21% 177s 4% 43 7% 31%. 4% V 18% 10% 51 52% 51 53 52% » 23 37| 3% 165 165 103; 10 10% 10% % 22% Jan 115 7,600 Amerlo an Loc>metlve_A7j par Preferred. 100 2,503 6,100 Amer Mach Ac Fdy Co.A7o par 115'.? 115% -18 2 106%, - *24%; •A Jan June 45% 135 Oct 1% Agricultural Mtge Bank (Colombia) * ltd sink fuacl 6s.-1947 F A 9% Mav T 105 105 Municipal Foreign Govt. & Apr Jan 50 5% Junr 2 •95% Jan 10 185 121 6% non-cum pref......100 Corp... AT > par 7,000 / 103, American Invest Co of II1...1 4% 23% 4 Aag : Anr 12% June Mav D»10 Amer Intern at 18% 18% lo »i 233) 19V 4if 167 *165 185 165 4% 4% 4% 6% 7 7% 31 33 33 37% 33 37% *143 143' 143% 29% 39% 31 6% 17% 17% 4ig 4 10% 52% *133 142 *133 19% 19% 165 7% 30% 35% 113% 29 7g 7% " 23 25% % 22% 18% 3% 9 24% % 9ie % 2514 20% % 75 Ja*> Jim Mav 9% Mir 27 1,000 8%. 8% 24% 24 24 24 41% 23 3 vnslt ITiifliatio 1 Fas te— Tr Jan 128 16% 1)05 10 A or 2 $7 2d 3,200 American Hams 3,200 American Ice 82 82 4 98% ,118% £13% *3% 183, 3% 18% *23 8% 4 *3% 24 81% ■ — $7 preferred.1 206 - 40 : 40 8% 91.4 9 82% 8'g 8% 8% 8% 2% *7 7% 42% 83 82 83 83 82 82 ■ 9% 8% 9% 9% 9% 8% 25U~ 2% *7 40 87g *23 25% 7 40 33% 30% 3% 3 8 42 82 *81 2% 31% *7 8% 30% 2% 31% 171? *17 we/erred.. American 2,23.) 1,300 1,000 1,600 1,209 19% 1% 17% 30 1% *1% 2U *39 87fc 8% 31% 19% 1% 17% 19 18% 32% 25% 8% D 26 New York City Jan 3%; C or par ate Stock....... 1980 J ne 18 39 l71i2M iy 23 23 A it 19 55 Fib 15 95 93, 46% 46% 1% 25 3'g / elOO .31 e'00 31 *101.19101 Nov 2% 21 . 2% 32% Jan I) 18 139% O it 23 107 3, 6% *% *5 *31% *17% 2!o J J Arr 6 Dot 19 64 —.25 2,030 American Crystal Sutar....l0 10 6% 1st preferred.__ 100 1,600 American Encaustic TilH»_. 1 100 Amer Euro eean SeC3..A7? par, 7,300 Amer & For'11 Power...AT 1 par 2% 32% 17% 32% 32% *1% 17% 33% *93' 6% % 171?. 778 1% 19 32% 2% 32% 2% f Apr 35 23% D35 10 •: ..109 18% 9378 % *5 % 19% 1% 7% 17% 95% % • 19% 1% % HN ..,1942-1944 ..1945-1947 18; 47% D eo 8'4 Jan 112 2% Ar 14 1 M ar 18 Chicle......-N) par Am CealCe of Alleth C) NJ25 10 """360 American Cobrtyne Ci 2,300 Am Comm'l Alcehel Cerp..20 5% canv '"70) 5% *5% 18 *93 58 6% *5 20 1% 1% *30% *24 93 20 20 '*30% 2% 93 % 6% *5% % 1. 1% 17% 32% 33 2% 32 32% 13% 91 •% ■ *10 % 20 1910 1% 17% 1% 7% 177« 18% % 5I8 ®32 ; 10% 7% 13% 8 1 *.92 % 5% 7% 17% 7% ...1944-1951 58% 9% A ig 3% D13 10 104 22 104.22 3s series A. 2 ,'4s series G 9% May 6 2 23% Dec 53% Jin 5% A or 2 2 Doc 19 *100.12100.19 1 Ms Series M 38% Mav 12% Mai 63%I lly 22 42 ..100 7,409 American Car & Fdy..AT> par Preferred.. -1O0 2,30) 3,809 Am Chain & Cable Inc.#} pa' 19 *12% 19 5'2 7% *12% 6'? *5'? 6 6 1 8% 8 94% 6% 13% *90 / 6 *5'2 57g lh *5'2 19 *12% 19% *12% j pa Preferred 209 97% 971? 93 96 102% 103 111 101 - Inc..10 17,003 American Can , . 20 15 100.17 100.12 P Home Oveers'Loan Corp— Apr 41% * co no: *104.23104.30: V/ 1942M947 J Jan 1% M iv 5 Sept 15 a dj High 7 Deo Jin 11 1% A lg -;- IN 9% Mav 21% M iv 4 21% A ig 13 41% Feb 14 14% F ib 3.3 40 Fib TO 5%% oarxv pref-... ....100 7,609 Amer Cable & Radio Carp—1 1% 1% 1% 1% 4 27% 23% *121 125 65% 64 64% 6v7g 65% 63% 70 68% 69% 173 176% 177% *170 *173% 179% *177% 179 *177 180 130 29% 29% 28% 29% 23% 29% 29% 33 21 2134 28i2 65% 65% 69% *65% 65% 68% 69% 69% 67% 60 6712 18% 18% 19% 18% 19% 19% 11 19% 19% 19% MM 110 *103 HO HI 1 *103 *103 *103 110 110 *103 ' HO 69% Apr 12 10 Jvn 37 2 Hs —,.. •" Jan '1- *'04.29105.4 o M 3s. 79 ; 4% Mai 55 Oit 29 - '. 1944-1949 ....1942-1947 ,■ Asked <£ Low ...1944-1969 3%h. ,3 s Apr Apr •'12% 182 •. 135% fan» 8% Mar ."'■14 16% 10 Jn S >ot 17 9 87 -; 29% Mav 6% 14% Aor 24 9 14 21% DM 10 11% M it 1-3 % DlTfl I)» 71 %M iy 3,209 American Bank Note......10 6% preferred...........53 420 1,100 American Brsch Cam... .4.4.1 4,700 Am Brake Shoe Ac Fdy.JV; pa' 69 68-% t.7Vi pa trie Chem < Del)_ Am Airlines 5,609 42 4'1 *37g 4 1% • 5% 6 28% 125 1% 1% 1% 1%: l'l8 W2 ,n2 *121 5% 4% 21% 29 29% *121 125 *19 1 11% Di! 10 preferred......-.53 Bid Pri'e *1 Federal Farm Mortgage Cirri— - shnre 1 per share * 20% 5H2 6 6% canv 30) 16 *14 Amerada Corp— 121% 45?2 434 30'2 7S 15% 3,309' 51 6 * •% *%<s 15% 10% Fib 1,419 Aloha Part land Cam -N> pa'' ' 1,70) AmaUam Leather Ci lac 55% 49^4 45*2 *1% 27% 18% 55 21% 638 45'z 26% *18 DuT8 •5 Friday's Hloher 1 15% Vtav 6 11% J in 2 167% J ily.28 13 A tg 27 D}?19 133 J per share per 25% Jn 9 xi *N> va 9,400 Allied Smres Cir.) 5% preferred. .10 * 709 24,49? AUD-Chalmers M'T—~AT r na 89 55% 53 5*4 12% 5% 80 55 4') *4478 18% 11 11% 5% 17% DP 600 AiiiidKHCD.--——— 3,-50) Allied Mills C J I ic——A7> pi 57% 21i2 6 26% 13 55 1 79% 89 27 13% 11 *79% 13% 28% U„ 34 84 *151? 71% 27% £79% 11 11% 12% 5% 89% 27% 18% 11% 12% 5% 5 5% 140 138 LownP . Range or Sale U. S. Government (Chad.) S share 4 per Par 1 7,509 Alghuy Lu1 Stl Cor-y.-Ni pv 2,309 Allan Industrie Inc.;; — _f 7,100 Alll3dChunlcal& Dye.JVi pa' 5% 5 141 133 11% 12 ' 11% 11% 12% 12% 5% 80 2714 13 '4 5% 149% 149 13 12% 11'2 5'4 5'g *11 1?'2 *11 5'i *12 *5% Shares 2078 20% 20% 594 20's 20% 5% 29% 20% 5% 5% 133% 141% 20% 20'? 20 ffiohest Week's Last EXCHANGE Ended Dm, 19 Y- STX.'K N. Week ' Lowsi • $ "er "STAGX Week 19 Dec. $ ner share. $ ner share S ner share Lois i BONDS Range for Precious Year 1940 I Da Basis af l00-SVir« EXCHANGE 1.he Ft Ida 1 Fri lay Ramie Since Jan. STIC C3 Sales SALE PRICES WW ANo HIGH NEW YORK BOND RECORD STOCK RECORD NEW YORK 19 28 18% 23% 40% 15% 21% 38 38%' 38 Volume 154 Number 4023 THE COMMERCIAL & FINANCIAL CHRONICLE NEW YORK BOND RECORD js-e BONDS N. Foreign Govt. & Mianic. Range or Sale J Bid (Cont,) - Customs Admin 6 <fc 2d Her. ^1961 M f ♦Dresdeu (City) external 7a.,.1945 Saturday Dec. 13 Dec. [ \4 62 | ^52 > 69 52 H 52 61 H 62 H 70 52K 52 60 62 68 67 61 H v' OIK *60 H MiV Tuesday . 69 15 16 Dec. . j 27 $ per share 561 11% *52% 25! 2384 12% 24 i 63 1*2% *52% 11 % 56 *52% 24 24% f 8H 9H ; • *41 18 Finland (Republic) ext 6s Witb declaration s f 6 With declaration.. 1 1945 M [S 45 45 45 45 51 4 27 With declaration 26 H 7b French Republic 7s stamped...1949 87 7s unstamped 18% 1% *1% 30 60% 07 3% ,7% 17% 7% 17% *27% f/7. D 6% ♦7s unstamped .1949 ; D 6H ♦7s part paid ♦Sink fund secured 6s 7 1968 F A 4H "7" 7 *4 H ..1968 j 3 H 15 26 H ♦HeldelbenUGermuiOext 7 Hs.1950 J ./ 20% 25% 25 16 15% *5J 53*4 53 53 19% 2% 2%. 7 26 r 52H 19% 6% 2% 6% 5 18% 2%' 2% 2% 7 7% 7 89 94 ? 89 20,100 *52% 6 7% 15% *1% 15% 7% "si . 15% " 7% 15% 43% 13% OJt 17 11 12% Aor21 25% Oitl7 Aor 29 17 D33 J.l Boston A Maine RR 100 Bower Roller Bearlni Co....5 Brewing Corn, of Am erica... 3 ,29 Nov 3 D33 Bridgeport Brass Co...No Brlrgs Manufacturlng.N) Bristol-My^rs i.'.5 Brooklyn A Queens Tr.No par 31 % 112 6% D33, 15% D33 1 par 30% 30% 13 13% 2,000 Bruns-Bilite-Collender.No 7% 3,000 1 ' 112 112 112 40 par 41 Dec 7% preferred 212 2% 59 2% 7 94 par 7 Dec 17 30 Jan 16 . June 11 118 25% 38% Nov 15% 54 No par 7% preferred Budd Wheel...... 200 6% 18,800 Burroughs Add Mach..No 2% 2% 2,000 5 17 5% 18% 2% 2% 5 3,600 19 2% 7 6% *90 89 1.200 2% 7 180 9% 4,600 18% 18% 49 par 6 8 May Dee 10 1% Dee 10 1 15 7% pf 100 10 9 Dee 4% Dee 10 18% Dec 16 2% Dee 10 30 5 Byers Co (A M)__ No par Participating preferred..100 Byron Jaickson Co..'...No par 2,300 90% 9% 15% Dee 10 par 5% conv prefer red..;. Butte Copper A Zinc 2,400 9 D3C.10 24 1 ; Bush Term Bldgdep Butler Bros..-. 160 4% 19 18% ■■ 17 Bash Terminal 9 5% Dec. 18% Dec No par 6 9 Feb 14 51 1 Bullurd Co ....No par Bulova Watoh._..J_..No par 1,900 2,100 2,000 6% *52% 2% 1)33 , ...100 Maj 6, 9 Dee 23 13'4 Apr 53% Apr ) 24% Sept ' 25% Jan 37% Apr 29% Apr 97 Maj 3 12% Nov 119 Dec Maj 21 Maj 6% 3% Maj 20 Jan 7234 Nov 8% Nov 36 Jaii 17% Maj 12% Maj Oct 35% Nov 21% Jan "7% Dei 12% Jan Maj 5% Maj 4% Maj 5% 16*4 Apr 7% Jan 17% Maj 2% Maj 6% Maj 23% Apr Sept July 28 39 Maj 82 6 9 Maj 15% Maj 26% 2 6 Aug 4, 11% Jan 9 ■ 5 13'4 Oct Jun 53 9% 9% 9% 10 10% 10 9% 76% Feb 14 100 7% Apr 29 12 Jan Nov Jan •j Hungarian Cons Municipal Loan ♦7 Hs secured s f g ♦7s secured sfg 1945 J J 1946 J ^♦Hungarian Land M Inst 7Hb 1961 2 H 2H 10 '2h7:2H 7,v{ 7 3 24-4 J M N ♦Sinking fund 7H«ser B....1961 M 6*4 2 H 5 4H 181; \7h *50's 6 3 >4 N 4H 23H *50% tHungary 7Hsext at 4Hs to..1979 F A 5 5% f 5s 1960 UN 55 57 55 "Tj♦Italy (Kingdom of) extl 7s..1951 J I) •j*Ital'n Cred Consortium 7s ser B'47 M 8 ^[♦Italian Public Utility extl 7s.1952 J 6 6 11% 12 12 12% 11% 11% 29% *241, 12% 27 10 J 30 X 29 H 25 Japanese Govt 30-yr s f 6H8-. 1954 F A 45 With declaration 79 H 64% 56 Extl sinking fund 5H» .1965 MN 58 H 35 AO 3% 3H 70 36 H With declaration ♦Jugoslavia (State Mtge Bk) 7s 1957 56 H 4 H 3H 5 H 8 20% OH *64 1% 3 90 Mendoza (Prov) 4s read) Mexican Irrigation— ♦4 1954 J D 72 ♦Assenting 5s of 1899 ♦Assenting 4s of 1904 ♦Assenting 4s of 1910 7 H 6H 72 61 J A SH 5H "ah 4 *4 3H 4*4 3H 5H 4H 6H 7 4 H 1952 7s J D 96 16 16: *5% 3% 32% 8H 13 64 1 ! ;r60 70 7% *5% 3% • 3% ■ 3% 3% 3% 3% 1% 8% 1% 1% 8% 9 4% 4% 1% ,G4 4 16% £15% 16 *39 41 *38% 41 *38 52 *51 '52, £52 52 Apr 1968 A 1 O Externals f 5s... 1943 F Norway external 6s With declaration A 64 H 60 70 '4 64 66 „ 60 H 54H 70 H 51 >4 52 — A 1944 External 6s...' With declaration External sink fund 4Hs 1956 70 61 51H 31X 3.f! A 53 H 46 H 37 46' 82 1963 4 s s f extl loan F~ A 43" 50 H 29 J* ^♦Nuremburg (City) extl 6s...1952 44 29 8 , , *1I6 32), 98 3 200 3% 37g 15% %! 3ie 14% 40 *38 15io 39% *50% be . 15 40 52 *50% 52 - 1171958 AO With declaration... 23 H With declaration..... 27 H 27 22 30 27 8% *8«4 11% 8% 11% 11% 1% 21% *20% 48% 111, £11% bo 0 ts 45 . - 1- ■ 11% - 11% 11% 1- .1 -. 21% 44% 45% i 8% 8% 93% *93% *24 2% 2% 30% 29% 28 103 *20 43), 44% 43% 42% 8I.1 "42% i 8 8% 8% 94 ♦93% 94 42 *22 42 *22 2% 2),t 30), 30% 27% *101 *80 J- *80l4 *46 JJ * — - - " *2% 30 *29% 76" ♦ i - £20 *98 81 39% 39% 39% 39»4 , 35)2 36 35% 35% 148 i *140 ser.. 1960 J f 6s 2d ser.. 1961 A 58 64 584 1967 M S ♦Pernambuco (State of) 7s....1947 M S ♦Peru (Rep of) external 7s....1959 M 3 ♦Nat Loan extl8 f 6s 1st 58 63 D 84 %' 85% *104 8H 8 74 74 D 7 6 O 7 6 For footnotes see page 1619. % H 8 57 8 54 19 51 81 70 H 6H 64 HH 18 206 6H 7 H' 52 OH OH 102 H 105 H 21 6 10 4 - 85 ♦140 i 84)2 , (148 114% Mar 5% Apr 1184 May Oei 6 Mar Sepl 100 Apr 21% Jan 4 107% Oct 11 22% Sept 2 15 Maj 99% Juni 17% Maj 10% Juni 2% Oct 30% May 15 ..No par Oct 20 95% Dec 10 15% Dec 10 6% pf. 100 No par ^..5 par 25 50 3% Mar 20 3% Dec 9 5 2,000 8% 11% 200 700 1% 4,500 25 44 8% 93% 42 3 ,31% 26% 25% *98 *79 65) *60 05 02 *660 800 *660 13 14% 12% 13% 1031 *101 14; 110 14% 13% 102 13% 1212 *101 131, 106% 106% 15), 14% Hi 4T" 34), 34% *680 1 12 12% 104 101 13% 12% 106% 108% 13% 106 ■39% 16 15), ' *»I6 % '1% 1% 1% - %8 --% 1% -1% " T " *78 - 12% 12% 12% 1% 12);. 45% 40 *43% 47 1% • *7S 12% 12% 1% 46 ' • 1)4 •ie *%e ?1% -1.1% *114 *16 ?.;■ % 11% 12% 12% 1% 40)4 *4314 -40 11% ' 1% ■45'8 *43)4 -J 7g 12% 12% 148 85% 800 ' *46 40% 86% ■; *62 65 800. ' 35% *84 , 11 *140: 85 26% 102 .... 86', 85% 61 62 62 62 *680 800 *680 87,400 i Chrysler Corp ■ 3,100! City Ice A Fuel 100 6H% preferred.. City Investing Co ""966 18 Jan 2 4% Oct 44% Jan 102% Feb 1% July 6% Oct 3 July 11% Nov 24 13 3 88 84% June 22 Oct 106 May 30% Apr 29% Mar Apr 4% 44 Dec 101 Dec 21 4 31 5 8% Jan 10 6% May 19% July 21 44% Jan 9 8% May 23% May 41 May 12 >8 Jan 1,000 12% 12 12% 11% 12% 101 • *101% 105 - *101% 103 13 13% ! 12% 12% i3% 106% *106% 110 *106% 110 ■15% 115 15% 15% 15% % V be % lg ii2 i% 1% 1% 1% ■; • *■% i 1% 1% h s. .11% ill 11 11% 11% 11% 1% 11- 45% 43 "2 441,8 46 43% 44 43% 44 1 11% - 11% 1 1% ' 44% 43% 11% Jan 84 %«July 25 8%May 22 10% Feb 7 % Jan 18 934 Sept 16 M84 Sept 15 Hi Dec 8 3 Aug 29 Dec 11 27 Jan 27 Dec 18 100 5% preferred 92 Dec 10 40 Aug .100 2% Dec 9 9 100 May 43% Mar 48% Nov 25 27 Feb 14 28% Feb 18 142% Dee 9 84 Dec 15 Mar 17 740 July 16 Hl% Feb 14 100% Feb 15 $4.25 preferred .No par £ Aikman.. —.Nd 12% De: par conv preferred 100 Colo Fuel A Iron Corp.No par 106 710 Colorado A Southern 100 ; 760 4% 1st preferred. 4% 2d preferred 100 100 1 Columb Br'd Sys Inc cl A.2.50 Class B...-.—.—.—..2.50 II 11 Columbia GaS A Elec.-No par 1 2,400 40 9,600 1% 45% 3,800 79,500 3,600 43% 340 - 6% preferred series A 5% preferred.. 100 100 Apr 26 Jan Apr Apr 26 ...No par 5% 40)4 3334 Jan 10 60 Collins May 7484 Nov 114% Jan Colgate-Palmolive-Peet No 220 4% 24 July Coca-Cola Intern Corp.No par 4,100 May 2 May par par 4% Sept 22 June Coca-Cola Co (The)...No par 8,400 Feb £60 56 Oet 20 Class A 98 Sept 108 Dec 17 30 400 Sept 2 124 May 23 4,900 Jan 85 44 Jan 15 81 Cluett Peabody A Co.-No par Preferred.... 100 14% 104% Aug 12 46% Feb 20 Aug 20 98 Molybdenum..No Nov 91% Apr 85 24 Climax 6,800 5 53% May 8% Oct 5% Mar 34 139 Special gtd 4% stock.. 1.50 "9,900 10% Feb Aug 115 100 5% preferred 2 May 1% Aug 20 70% Oct 17 109% Dee 10 Clev A Pitts RR Co 7% gtd.50 10 72% Jan 7% May 9 Apr Jan 11% Mar 16% Apr % 29% Deo 11 139 Apr 26 Clev Graph Bronze Co (The). 1 10 %6 Feb 9 Dec 100 >• . Dec % %«Dhc 42% Dec 18 Clark Equipment No par C €C A St Louis Ry Co-100 3,100 51% J«Dec 20 5 44% Dec 6 I No par July 24 38 Jan 17 %«Dec ' 54 15% Dec 6 4s2 Dec 17 5 City Stores... 800 11% 1% -84% 144 65 44' ' 144 40% 35% 9% Feb 19 37% Apr 22 49 Apr 8 preferred-..No par Chickasha Cotton Oil 10 Childs Co ...No par Chile Copper Co... ^..25 70 .... 800 1% 46I4 1 39% 34% 144 - conv Clev El Ilium $4.50 pf.No par 102 *46 • 391, *14-2 86' *60 90 H H 84 <; 148 *600 40 69% 104H 8H 7H 7 H *140 " 34% 40% 36 13% 1994 J 2% 15% May 7% preferred 100 6% preferred. 100 Chicago Yellow Cab...No par 76" *79 si *46 35% *101 Stamp mod 3Hs ext to Ext sec ref 3 Hs ser B July 28 37% Jan 14 Pr pf ($2.50) cum dlv No tm Chic Rock Is! A Pacific.. 100 11D.1 102 102 : - 93% *22 2% 30 i 27% 27 103 *46 '. 70 . 2% 111% 111% 28 • 2% 30% 30 76" 28% * 1 22 94 76, 28% 103 1 *20 . 42 *21, - *8% 11% 1 201.1 8% *93% 30), ♦ 8% 1 %o 20 *22 42 2% • *93% 94 42 : 11% 1 21% 47% .8% 8% 1% 22 $3 1,000 8)4 *108 ♦Panama (Rep) extl s f 5ster A. 1963 MN ♦.Stamped ussented 5s 1963 A/N 4 22% Apr 21 Chicago Pneumat Tool.Aro par 6,000 8% 28% 42 45X 33 Feb May Apr 338 Jan Jan Class A 200 be -be *8)0 •* 37 . 12% 72 26'4 Feb Checker Cab Mfg 100 be 8% 70* 46 35H 25X 33. MTV 771955 Extl deb 5Hs Oslo (City) 8f4Hs , 9 8 Sept 9 84% Oct 11 50 Mar 11 43%Sept 12 39% Sept 8 148 Sept 17 106 Jan 6334 Nov 10 740 9 114 Mar 19 20 Jan 10 1% Jan 13 3% Aug 4 % Dec 19 2 D3C17 2%Sept 2134 Jan Dec 18' 21 Jan 6 4% Jan 9 43% Dec 18 42% Nov 27 Nov 74 May 46% May 25% May 25% May 131 May 99% May 56 May 83% Dec Mar 48 Apr 4512 Apr 41)2 145 Deo 141 Mar 63 Feb July 16 16% Sept 17 106 Nov 13 Dec 10 Dec 18 133 105 30% Jan Dec 16 12% Dec % Dec 40i2 Aug 6 82% Jan 25 72 Apr 2 10% May J 94 unt 1612 May 108 May 12% Maj 20 24 59 June May 534 Apr Apr 5 Apr 4«4 Dei Oct 16 May 16 May 4% May 67% May Dec 35% Apr 112% Feb •u Dei 1% 1% Feb 102 % 26% Ma 26% Mar 7% 93% Apr Apr 79 Jar n For footnotes see page 1618. and Financial Chronicle (Reg. XT. S. Patent Office) William B. Dana Company, Publishers, 25 Spruce Street, New York, BEekman 3-3341. Herbert D. Seibert, Editor and Publisher, Jones, Managing Editor, William Dana Seibert,' President, William D. Riggs, Business Manager, Published three times a week [every Thursday (general news and advertising issue) with statistical issues on Tuesday and Saturday]. Other offices: Chicago—In charge of Fred H. Gray, Western Representative, Field Building (Telephone State 0613). London—Edwards & Smith, 1 Drapers' Gardens, London, E.C. Copyright 1941 by William B. Dana Company. Reentered as second-class matter September 12, 1941, at the post office at New York, N. Y„ under the Act of March 3, 1879, Subscriptions in United States and Possessions, $26.00 per ycari $15.00 for 6 months; in Dominion of Canada, $27.50 per year, $15.75 for 6 months. South and Cen¬ tral America, Spain, Mexioo and Cuba, $29.50 per year, $16.75 for 6 months; Great Britain; Continental Europe (except Spain), Asia, Australia and Africa, $31.00 per year, $17.50 for 6 montha NOTE: On account of the fluctuations in the rates of exchange, remittances for foreign subscriptions and advertisements must be made in New York funds. Frederick W. Jan Apr Dec 38% Dec Common..... 4,200 -be 1 8% *111% 114% *111% 114% *111% 114% ,-9 23 Dei Maj 100 pnor preferred 5% preferred1,900, Chicago Mail Order Co lie 8% ;■ With declaration... 35% 8% 1%# Mar 20 3% 1% 4 1% Dec 10 9 40 3% 1 8 Dec 97 Apr 2 34% July 12 5;% Jan 13 Oct 30 Dec Chic Great West RR Co...50 1% 4% Aug 1 1,800 5,100 4,800 3% 56)2 121 41% par ... Preferred series A 100 Chic A East 111 RR Co .No par 9 Jan Dec 1 % Maj 106 June "lM 3% 3% Nov 75 22% Maj 3% Maj Chain Belt Co * ....1953 M S 3% July 24 9 Dec % 1% 8% 32S4 May Max 115% Jan 29 1 Dec 126 A up JCnesapeake Corp.:...No Chesapeake A Ohio Ry 1% Apr May Maj 4,400 3% 6 45 92% Juul 25,000 8% 20 Jan 40'2 42% May 105% Maj 5 3lo 1% Apr 6% Mar 25 Cham Pap A Fib Co 98 % Juni 17 327g % 2 Maj 39% Maj 48 *3 *95% 22% Maj 100 10%June10 32 3% 8% 15% 40% 51% 51% be be %« 39 Commercial 3% '32% 50% July 15 29% July 28 122% Dec 9 36% Aug 75% Juih 75 Sept 24 22% Mar 25 5% Dec 17 2% May 23 31% Dec 10 93%June 2 % Mar 3 1% Mar 12 bo *79 fOriental Devel guar 6s. s 100 *95), •ie 30% O ♦Nat Loan extl 7 *6 2 Jan Anr 40 Maj ,77 6% 1,100 7% 30% Jan 14 3% Jan 29 8734 Sept 18 125 Jiuj 238 29% Maj 2% I)ei .100 Preferred. _L Certain- teed Products 70 16 *0 ,-f be *2)o 28 9 17b99 Jan 17 Dec 11% 34 1% Fob 8% Feb 19i2 Apr 28U 17 ' be 40 27H With declaration *17% 41 92%May 20 Max 41.1 Feb 3 jL 2% Dec 11 Century Ribbon Mills.No 5,900 1,800 1,160 *95% 33'J 45 H *18" D FA 17), *%« *24 32 Bank extl s f 5s.. 1970 J 24% 'io 47 43 With declaration 23% %6 50H ~4l" With declaration 1% 7 Jan 5% Aug 2 39% Apr 3 3% July 31 4% Maj 11 Feb 52)2 Mar Cerro de Pasco Copper.No par ,500 I 10 85 27% %« ,8% 93% 49 28H 33 O With declaration >»i« 3ie . 47 85 48 H 34 H 1965 External s f 4H8-- - 1% ia * 86 H With declaration Municipal 85 86H 85 H 41 m'S 85 26% *8% *1138 1% 79 08H ... ' 56K 15% 15% *'l« 66 - 40 Maj 1% Dec 16 108% Dec 10 Central Vloleta Sugar Co..._ 2% 6 1 Dee 10 tCent RR of New Jersey.. 100 30 Dec 17 Dee 10 Mar 19 7% Jan 14% Jan 10 17%Sept 18 14 50% Julj j 65 Dec 19 £l5%June27 100 : 1,800 99 15 41 15% *'|6 A 5% preferred 2,800 1% 23% 36% 18% 116% 5% Central Agulrre Assoc.No par Central Foundry Co... ..1 Central 111 Lt 4H% pref.:i00 16% 116 3% 3% 1% 1% 8% *, 9 4 3% 3% No par "1% 2% 90 % Feb 14 Mar 18 16 15% -•be 43 *108% 1% 15% 33 32% *95% 20 Apr 23 £2% Dec 19 112 7% prior preferred ^100 Celotex Corp ....No par 7,300 Dec 19 22 ; Celaoese Ocrp of Amer.No par 4,500 1% 99 "ie 8% 4% 65 17% 15«.i 1 ;.i% , *17% . 5% 3% 3% , 98% 65 1% 80 100 Caterpillar Tractor 450 6,400 17% 1 % • 1% Dee 19 37%May 26 ...100 Preferred 15,600 8,200 6% 17% 99 16% *% ■ 37% 19% 130 120 26% 23% 17% 36% 18% 120 2% ' 1% 99 15% 5% 33 32% *95», • 17% *97 7% *3)4 .32% 33' *95% 100 34 «4 15i« 17% 16 *39 N New So Wales (State) extl 5s..1957 F 26 241, 118 Dee 10 2434 Sept 18 54% Nov 13 1% Jan 6 • • *60 H *84 2- 23% *51 1959 UN ♦6s series A 90 1% 1' *2), 28 26% ; 99 1% 10 54 ; 8% *4% 12 % 49 3% 3% 33% " 1001 '%« , *5% 7% *95 30 8 *60 H 17% 99 16 96 17 i *3 3H 10 v 9H 25% 2% *84 2% 25% 17% 100 i *16 7 ,4 H &H .- O 1958 M 8 1959 M S 25% *17 *17v 17% ■ .7. "3*4 ~~74] 4*4 Geraes (State)— ♦Sec extl sfGHs 25% 92 281.1 1% 15«4 16 - Case (J 1) Co 6 1 % 1% £110 - HO 33 6 Carriers A General Corp____l 3,800 67 16% 111% 1% 1% 5,500 • f 3 26% Den 10 3% Fab 13 100 61% 6 *65 18% 900 . 24% 2% *117 19% 10%June 10 Carolina Clinob A Ohio Ry Carpenter Steel Co £2% 120% 5% $3 nreferred A... """46 -60% 371.1 120 • 24% 118 - 1,200 3 9 9% Nov 12 % Dec 4% Dec : 1 Canada Southern Ry Co.. 100 Citiadlan Pacific Ry ...25 Cannon Mills ATo par Capital Admin class A..... 37% 80 - 2% £18% 67 1111, 150 1,400 1% t 9 Mar 11 51 ..50 Cilumet A Hecla Cons Cop..5 Campbell W A C Fdy..No par Canada Dry Ginger Ale.. 1.L5 5,300 34 80 60% 36% 6% 2% 2 118 ; 5 1945 Q J 1954 J D 1945 •[♦Milan (City. Italy) extl 6 Ha. 1952 ♦riec extl sfOHs ♦Montevideo (City) 11 82H 25% 119 16 34 24*i • 1% 3 28 % > 2% *96 AH |*Treas 6s of '13 assent....1933 j" J nits 25 . stamped assented.....1943 M N ♦Mexico (US) extl 5s of 1899 £.1945 Q Ml 7H 2 24% 2)Z 159% 2% 63 1% ' 841.1 81 241, " 17 1 1% 16% -*84 28% .281 2% *31% *65 1% *2% *90 *84 28% 67 1% 21 37% 5% 17% i 16 15% *31 % , *109), 111% 15% 2% 17,600 3% •" • 15% Dec No par C Allah an Zl ne-Lead... - 36% 37% 19% 20 119% 120- . 6io 17% 1% 27% 3% 34 84 2), 120% *65 *1% 15% 2 7H 67 18% 1% 111% *109% 1% 1514 *2% 26 H 9H *64 *25% 3% 29 *25'2 3% 37% *118 6% 4,200 4,800 1% 24% 19% 5% 12% 11% 1% # 38% 20% 120 5% 11% 11% 12 1% 63 36% 18% 1% 28% D 39 20% 67- 17"2 1% *84 1954 J 38 5% 11% 1% 119 119 29% 12",200 31, 66 2% 119 12 % 5% 11% 11% 12- California Packing 5% preferred. 2,600 56 »»• 33% 25)2 2% *24% 64 *117 39 38 - M ♦Medeilln (Colombia) 6H8 26 *50% % 1% *32% 84 2% 65 119 *109 1947 F ♦Lower Austria (Province) 7Hs-'50 J *32% 120i2 121, £120% 6% 6H 6% , ■[♦Leipzig (Germany) s f 7s 38 17% 56 be 3% 1% 84% *_ 26 2% 38U 20% 1% % 33 % 3% 34 2 84»4r 25 2»g 64's *251, 3% *32 S4lo "in 331, 178 40 *117 27 3% 34% 2 *82"" - 27 3% 34% 17% *50% 50 534 12% *-.-. 46*4 10 18% *50% lg 6 ID *178 75* 18% 56 5% 578 11% 3h s 18), 0 *50 % "16 5% ll'g 12Sg 34 Irish Free State extl 50 •u 27 With declaration..1... 18) 17% 56 *16 , 4% Nov 1 Maj 0% Maj 9 4% Jan J 41% Nov 14%,Ma) July 29 8% July 22 341,1 Jan 6 35% Sept 17 20% July 28 56% Nov 5 9% July 24 41.1 Sept 9 25 Sept 9 6% July 28 Jan Mar 26% Nov ' 1% Jat £5% No\ 12% De. 27 Jan 7 De« Maj 38 * Jan 17 5% Jan 76 2»4 8 Maj 13% Maj 27 37 Sept 13 23% Mar 21 12% Jan 6 12% Dec 7% Dee 10 1 par ...100 £109 Budd (K G) Mfg.;. Jan 70% Mar 29% Apr 24% Mar Maj 4% 14% Sept 22 3 Burlington Mills Corp Conv pref $2.75ser..No ". 90 6% 19U 24% 15% 17 7 *90 15,800 19% 54 " 2% 5% 18% 6 180 Apr Nov 26 45% Oct 7 2% Aug fi 6% Jan 14 1 2% *52%» 8 5,000. 2% 58% 24 24% 16 .17 7 58 6%. "19% 19 2+14 '15% 2% 2% 59 2838 34 Jun< - £6 Jan Apr Nov 123% Maj 17 8 Jan No par Brown shoe Co.... 200 16 12% Maj : % De« 3% July 30 39% Jan 6 4% July 15 12% Jan 2 25% Jan 6 33 - Anr 18 % Dec 16 .i;i% Dec 17 Buevrus-Erle Co. 7% B'Uyn-Manh Transit..Aro 23% 95 June 19 Sept 18 24 par Brooklyn Ualbn Gas...No 1% 7% A or % Fab No par 7% Jan ; 11,000 1,200 1,500 2,500 Brings A: Siratton Jan Apr 11% 99 Jan 18 21 34% 22% 1284 A'u> 1984 Mil) Maj 51% De- . 18% DM 10 1% 7% Jan 111% Jan 23 54 May 54 24%Scpt 35 Jan Nov Maj 534 Maj 13% May 11 May Oct 16 i 18% • 9 14 15 Mar lS 5 ....15 1332 7% 9 May 39 93% Nov 134 109% Mu> 23% July 11 21% Sept 9 1% 13% 17 90 33 7% *30 I Aor 29 D3311 90 1382 - 7% D3i 22% Mar 5684 Jan 63% May _ share ver 17% May 49% June 22% May 2 May Highest $ per share % 34% July 89% Jan 131% Jan 28 31% Aug ;23%Sepc 10% Jan 18% Jan 73 ,„..No par 2,000 10,700 ,20 43 5 Aluminum A BraNS:..5 Bordan Co (The). | 1,000 4,800 *24 15% Die 19 ; Bbeml-iTdala Brothers.iVo par Blum iuthal A Co prer 100 Boeing Alrnlane Co 5 Bor?-Warner Corp... 500 17% 9 Di310 Class B...i Bond Stores 500 1% 29% share 20% Jan 10 23% A or 18 No par Bliss A Lau-ihlls Inc.... .1..5 Inc...^.2 on 57 Bon Ami Co class A...AT> par 10 160 S Aug 18 51% DB3 Blaw-Knox Co... Bohn share Dec 18 116 * 1% 18% 94 2,400 *17% 7% 43% 6% 2% 5% 30% *27 24 18% 2% 7% H 29% ' 54- *16 5% 18% 2% *88)2 9% ' 16% 17 K 19% 684 6% 2% 2% 17.;.;- .5% 19% 7 *86 27 49H 47 H 19% 7 6% IS 5 20% > 16 5. 19% 43% 14 15% 6% 2% 19% 24 : 1% 7% 25% 18 20 1,200 10.000 "17% j 1632 '■ 15% 71H 22 4 26 O With declaration 7 26 6% 53 Helsingfors (City) extl6Hs—.. 1960 .4 £1% 19% 4% 64 *'%! 8% 25 15 38 4 60 1946 With declaration. •% 619 '1534 53% 6% '2% 18% 18% 18% 1% 43- 16 i 2% *17% ♦Haiti (Republic) s f Cs ser A.. 1952 4\> 26 i 20- 53% H ^Hamburg (State) 6s... > 16 "*8H "is"" 5 H 16% *25- 124 18% 19% *17 *30 14 684 18% 20% *27 6% 19% 25% •7 With declaration 1% *28% 3? 17% 17% 7% •■v 7% 15% 16% 24% 25% 31% 30% 30% 14 13% 13% 7% 8% 7% f 7% 117 *110% 114 *110% 114 "ih "2% 284 2% 2% -2% 59 58% 58% 59 58% 58% 684 42 • 6% 19% 6% UJ84 9 *5H .1964 ♦6s part paid 26*4 97 42 ' -8% ' *92 42l« 19% 7% i*7",000 29"« 97% 20% 17- 10 ■ 29% 97% 1 1% 30, i 19 4210 18% 6%' 7% 31% 8 "2% 58% 58% J f ser 7s.. 1964 MAT s .18 • 98% 42% 43% 14 110 -"2% 29 lo 28% *42 18% ' 59) 14% per 20% Die 19 Black A Deoker MTg Co N) par 12,00) 11 27 *30 •8% 1.60) 5% 75 18% 17-3.1 ; i6 26% 43% %« % 14 8 * Vi : W ^[German Prov <fe Communal Bks ♦(Cons Agrlc Loan) 6Hs.--.1958 ♦Greek Government 14 -H , 900 16% 11 43% >14 • 3 24'« 15% 5% 18% 29% Year 1940 Lowest Highest 50 ...Ni par 24% *14 Range for Previous J1 7% oreferral... ^ 100 BDeiew-Snf Can Tuo.Nj par *00 *92 6 Bethlehem Stsel (Del)..Ns par 12 27% *30 \8H AO Best & Go...'... 38,700 1,100 75 19% 7% "b690 60 *60 1% 6)2 21% 117 *11 42 1. ' ■ Par Bsnefiolal Indus Loan.../V7 par Pr pi $2i50 divser'38 No par 59 '20% i18%. 18% 98 Loioest 117 18% 18% 29% • 9,200 ■ 12)o •"> 7% 55% 75 *42 ;•*' 6% *52% *11 7%. 7% 31% 11% *60 19% 19% w!7- 1 Shares .11% Range Since Jan. 1 On Basis of 100-Share Lots EXCHANGE Week S oer share 15% 1% 8 £".XJ 1 - STOCKS NEW YORK STOCK 1 the 10- 75 18% 30 6% 7*4 11% •5H» unstamped 1965 *5 Hssptd (Canadian holder) 1965 U*German Repextl 7sHtami)ed .1949 27 share ver ' 17% *4% " 3% £17% $ 18% ■19% . 30 £7I2 share wer '20%. 20% , 1% 3% - 27% 43% 2% *"2% *63g ^German Govt International— ..1965 J Dec. * 25 18% 18% . 30 30. 3% *42 ♦5H« of 1930stamped 18 19% 93 64H "88- * 11% 11% 111 .11% *53% •55% t*52% 55% 22% 24 i 21% 2 *2 57% 59% 57% ' 59% *118 119% 117% 1:18 *24% 25% ; 24% 24% 16% 16% 16 16% 5% ) 6% 6 5% 15 15% *15 15% 118 *41% 20% 1% 98 91 .1949 C . ' 20 V 18% 26 H 63 ... 4'2% - .18-,. 18 20% 55 51 Hs.. 1953 M N 42 42 20 • ■U •Frankfort (City of) Friday ' 24 . j 11 9. 7H 84 $ 12% 55% ■ 7H Dec. 17 $ per share 12% 58 581,1 57% 59% 59%. 1183s 118% *117% 119% .118 25 i 2484 24% 24% 25 *17 17% 17% "17% 17% •6 . 61 5% 0% 6% 16 *1+84 15% *1434 14% *11 *11 *11 12% 15% *60 *60 801 80 *00 18% 18% 18% 19% •19%. 29 29) 29 28%-29 *92 1 *92 98 *92 9Si tlO %' 6 *EI Salvador 8h ctfs of dep.". 1.1948 J ♦Estonia (Republic of) 7s. .."..1967 J Sales Wednesday High 68 68 *60 O SALE PRICES for Monday $ ver share O A No. Low 66 S A High Jan. 1 68 -. 5Hh 1st series. ..........1909 5Hs 2d series... ..1969 LOW AND HIGH Since Asked Low Dominican Ren Oust Ad 5J^»,r1942 \f S § ♦ 1 Bt Her 5 Hs of 1920 1940 A O 5*2d fierles sink fund 5Hs—- 1940 A O - Range Friday's Price NEW YORK STOCK RECORD Week's Last fc s Y. STOCK EXCHANGE Week Ended Dec. 19 Friday 1611 , ,. ■ Tuesday, December 23, 1941 CHRONICLE & FINANCIAL THE COMMERCIAL 1612 NEW YORK BOND RECORD NEW YORK STOCK RECORD Friday SALE PRICES LOW AND HIGH Mo<ulau Salur lay 71 71 ■ 5*4 5 22% *23 23% 17*2 10% 109 *85 199 *85 101 »:)6 •' 17*8 18% 17% 19 % 21% 20*2 21*2 21*4 109% 109*8 *105 ♦105 8% 8% 8% 8 100 *52 Sj, *8 %6 *8 43*2 43 43% 42% 42*2 42 42l4 20*2 20*4 20% 20*2 21 20% 21% 2% 2% *2% 3 2% 22*4 "< *8 43*2 20 15*4 2% 15% 15% 15 15*2 22% 11*2 23 22% 23% *10% 11*2 11% 11% 84 *82 87 *83% *88*4 93 90 90 92 5% 6 % *2*2 14% 21% *10% 84 6% 5% 133.1 14*4 2238 10 10 -100 6%% prior preferred...100 7% preferred 60 6% 12,500 Consol Coppermlnes i 11% 12% 99,500 Consol E.llson of N Y.-No par 83 83% 3,100 1,100 ..No par Consol Film Industries....-1 $2 pirtlopreferred...No par *2 7% 7*2 7% 7% 1% 1*2 1% *1*2 1% 1*2 1% 1*2 1,503 1,800 5*2 5% 5% 5*2 5% 5% 5% 53s 5*2 5% 5% 62,500 5% 5*2 5*2 5*2 5*4 5% 5% 538 53g 5% 5% 1,900 3% 4 4, 3% 4 4 900 20% 20% 400 97% 11% 4,500 Container Corp of 2*2 5,500 Continental Bak Co ...No par 12% 12 12% 1134 88*2 86 88 82*2 *2 *2 7% 1*2 5*4 , 4 *3% 17*2 3% 17*2 *97*2 98% 98*2 98*2 12% 2% 12% 12% 12% *3*2 *18 20 *98% 12% 2% 98% 28% 2% 2% 26% 26% 17 17*4 10% 26% 17*8 10% *50 51 50% 50% 31 31 30% 31% 47% 48% 17*2 10% 48 13 12% 90 90 88 ; 14 78 13% 13% V r 6% *6*4 40 10% 12,200 83*2 83*2 83% 84 32% 32% 33% 31% 79% 79% 6 • / 91 13*4 15% 12 91 15% 10% 13% % *")34 3,800 11*2 12 11% 13*4 200 6 15 153s 5,800 *36 42*2 11 5,509 84 84 32% 31% 32% 83*2 32% 11*8 84 33*2 80 78 78 78 78 *33% 40 99 % 17*4 18% 17% 17*4 17% 8% 8*8 8% 24% 24% 91« 8% 24% 8 24*2 80% 24*2 *80 85 *80 85 81 81 *80 80*2 *44 49 *44 49 *44 49 *41 15% 15% 15*2 17% Dec 28,100 3,600 60 June "2,903 25% May 70 , 88.1952 f_______ 1057 ♦Sao Paulo (City of, Brazil) ♦fl)$.s extl secured s May {♦Sau Paulo (State) 8s... —1936 *8s external...—... 1950 9*2 9% 14*2 9% 10% *14*8 9% 9% 111*4 *109 16 3 16 14*2 14% 9* 10*8 10*8 1,900 113 3*4 *103 110 110 500 ' 110 10 22% 22 22% 22% 22% 22 22io 28 27% 27% *27% 28 27*4 27% 21*2 27*2 22*8 27% 20'8 *27*4 *11 12*; 11 11 11 10*8 10*2 210*8 7 278 6*2 2% 87g 278 234 2% 11,400 *8 *'t« *8 ■it *16 200 21% 7*2 7% 7*4 2% 3 **16 12 *11 7% 2% * * *8 »ie 23 22% 21% 22% 21% 36 36 36 37 37 9 9 22 22 22*4 *35 36 35*2 8% 8*2 16*4 16*2 16*2 8% *8*4 *34 21 21% 20*2 11% 11 11*4 66% 66*2 10% 67*2 68 16% 113 187S a:123821*4 36*4 19 28% 2% 28% *2% 2% 132% 133*4 28% 400 16*8 16*4 72 68 68 34% 34% *34 21% U*4 68% 20 20% 2:1914 10% 10% 10% 19*4 1034 66 67*2 65 65*4 *14% *8 8*2 3434 11*2 8 *16 9% May 19*2 June 2 Dec 16 99 8% 27% 24% 131*2 133 176 *174 23*4 28 47% Dec Deo z99 4*4 Jan 45*2 ♦Ss secured extl (Kingdom) ...1902 A/N With declaration— Feb 21*4 May 75 June 92 With declaration *174 47% Mar 29 42 Sept 60 23 "~i*2 "Oct 6 31 9 July 14 fTokyo City 6s loan of 1912. .1952 15% 15*9 *15% 10*4 15*4 21% 19*4 20% 18 19% 12*4 »16 ■%» 31 31 11% 1961 AO External s f LMs guar With declaration U ....I960 1964 30% 31*4 25 28*4 26% 29 29 24% 24% 24% 43 43 43 28»4 : 2784 28 109% 109% *108*8 109% 28 28*2 26*2 28*4 24*2 28*4 24 24% *23*2 *42% 43 110 110 43 427s 14,800 10*8 Jan 10 18% Jan 11 *108% 110 Co 2 Ltd.No par 5% pref with warrants..100 Distil Corp-Seagr's No par No par Co Class A ■ Dresser Mrg Co Dunhlll International Duplau Corp..... 8% preferred... 103 I) & Co.-20 Du P de Nem (E Eastern Rolling 28*2 26% 27*4 23% 23% 1,800 3,400 1,509 703 427s 42% *108*8 HO 80 May 7 33% Dec 19 May 31 ,17 10% Dec 19 59*4 Dec 2% 2% *72% *.—- *8 5*4 3% *1 258 *72% 78 80 72% ♦76% 72% *78 80 *65 69 77 *70 74 71 71 80 75 75 *16 *8 5% 3% 5*2 3% 36% 37 1 *8 5% 5*4 3% 39 ; 5*4 3% 3% 33% 36% 1 1 37 3*2 37 1 5*4 334 *1 * *1 1 *1 1*8 "... "iu 1*4 5% 22% **4 16 5 5 5 ' 1*8 ♦I 78 "l% *4% 22% 21% 22% '4 *4 *<4 % "}•% 4*2 5 22% *4 4% 34 35 22% 22% 35 35% 24% 7*2 7% *92 97 *92 94 20 20 20 9 9 9 35*2 24% *7% 20 9 23% 8*4 *93 20% 22 34*4 35% 35*4 23% 23 7% 7*4 93 93 20*2 20% 20% 20 9% 9 9 *9 t 4*2 21*2 *'4 22*2 9*2 , 4*2 22 1,600 400 10 600 5 1618, 52 H 7 55)4 bSM 55 10 35M 35X 41H 55% 55 45 45 2 36 M 47 11; 28 13% 120 112% May May 14 1% Dee 10 34 Jan 2 25*4 June 5*4 Jan 23 3 117 June 160% June 180 Deo 22 May 37 Apr 17% Jan Fab 14 80*4 Apr 4 83*2July 17 66 May 89 74% Dec 19 89*2 July 24 77 Dec 10 10 % Jan Oct 14 7 Jan 11 No par No par No par 5% pref series A w 1 Ctfs of deposit... 100 .100 pref ctfs of deposit..100 pref ctfs of deposit..100 50 Eureka Vacuum Cleaner 5 ...5 Evans Products Co 70 * 16 Nov 25 4% Dee 10 2% Dec 9 32 Aug 12 % Dec 9 % Dec 9 % Dec 10 75 Feb 28 1% Dec IS 4 Deo 9 3 21% Dec 9 Exchange Buffet Corp..$2.60 *16 Dec 4 Corp $3 preferred.. No par Federal Mln & Smelt Co 2 Federal-Mogul Corp.. 5 32 Dee 10 16*2June24 2:7*4 Dec 10 90 May 2 19% Dee 11 8% Dec 12 1961 J 10*2 May May 10*4 May % Dec 3 May 18*2 May 15% May z247g June 41% Apr 18% Apr 1% Jan 25 10 12 Jan 30 Aug 22 7% Aug 42%Nov 1% Oet U Dec Dec 8*4 Jan 40% Nov 30*4 Nov 33% May 41% Jan 40 Apr JAbltlbl Power & Paper— {♦5s series A unstamped.... 1953 1953 </■ ♦Stamped ...... ..... J D 05)4 J D 53)4 1947 J D 1946 F A ' 10-year deb 4Ms stamped... 1.952 ^♦Adriatic Elec Co extl 7s A Ala Gt Southern 1st cons A 5s. 1943 J 1943 J 1st cons 4s series B 3Ms registered Alleghany Corp— Ss modified .... .... l"07" 105)4 105)4 .1944 F A .1949 J D .1950 A .1950 A O 12% Jan Aliegh & West 1st gu 4s .1998 A Aliegh Val gen guar g 4a 88 87 89 71M 71M 00)4 72M 0'2 M 56 57)4 *00 OOM .1942 M S Jan 83 85 O Jan 56 60 "82" Jan Allied Stores Corp 4^s 07 * % Jan debs. .1961 F A M S Allls-Chalraers Mfg conv 4s.. .1952 "57" 100)4 100**3? *103 104 107)4 107 107K 25 "is M S M S "mm 'MM 102 H 98)4 98)4 62 103)4 101 148 102)4 107)4 107)4 107)4 94 107 107 107)4 108)4 108 109 671 J 104 *106 104 108 1 M N Elec 6s ser A. .1975 A O Anaconda Cop Mln deb 4Ms- .1950 .1967 Jan Teleg— May 5 8 6 20*2 Jan 7 H Oct 29*2 June 17*2 May 11 May 67% Aug 6 Feb 11*4 3h8 .1961 A debentures Apr 31% May 1 49% Jan Apr 31*2 Apr 187« Apr 102 Mar ..... Am Type O .1966 J D .1950 M S 3s conv deb... J Founders conv deb. .1950 Am Wat Wks <& ♦Anglo-Chllean Nitrate deb— ♦Ana Arbor 1st g 4s Ark & Mem Br <fe Term 5s... Armour A Co (Del) 4s B.. 1st s f 4s ser C (Del)...... Atchison Top & Santa Jan 27 85 June 26% July 24 14% Jan 24 10 July 29% Jan General 4s 12% Aug 16% Oct .1995 Q J .1964 M S .1955 F .1957 J A A O Fe— Adjustment gold 4s 100 ♦53 "-■.'is. 83 O 3Mb debentures..... 2*4 Dec Mar 17 100M D .1946 A O .1946 A O Alb & Susq 1st guar 3J^s 106K *"— Albany Perfor Wrap Pap 6s....1948 A O .1948 A O 6s with warr assented.. American Telep & 07% Aug 13 106K O D A/N Amer I G Chem conv 5^8... .1949 J J Am Internat Corp conv 5^s. .1949 2 45*2 Jan 3 24% Mar 10 101)4 103 *100 83 , 54 53 ♦100 Coll trust 4s of 1907 5s modified 64)4-? 65 % 4s_... 1948 M S Adams Express colltrg ^♦Alplne-Montan Steel 7s.... .1955 Am & Foreign Pow deb 5s... .2030 1% Sept 24 Feb 28 30% Jan % Jan 3M INDUSTRIAL 5a modified........ 1% Sept 24 3% Jan 8% Jan 3M COMPANIES Mar 4 5 1 75 4 h 3)4 D ♦5s income 113 2*2 Dee 10 65 Feb 26 $5 preferred... RAILROAD and Jan 155 5% May May 14% Feb 14 18 Dee 18 A 4% A F With declaration Jau 44*2 May 6*4 Nov May 63 120*4May 26 F ^Yokohama (City) extl 6s 189*4 Apr 129% Dec 118% Jan May 7s...1958 1968 ♦4^8 assented. With declaration Jan 9*2 June 113 Oct 114 4 — M N Mar 140*2 May Dec 15 2 W ♦Warsaw (City) external Apr 10 7 127 55 O ....1952 VVienna (City of) 6s ...... For footnotes see page For footnotes see page 52)4 D J J Feb 30 Jac May 2 24 Jan 9 107*2 Nov 24 Fajardo Bug Co of Pr Rico..20 Federal Light <fc Traction... 15 1,000 CO Jan Jan 1 Fairbanks Morse & Co.No par 9*2 39 M Apr 164% Jan 5% preferred..........100 Engineers Public Service 7,900 20 28 7 Feb 112 1,600 94 14% May 23*4 7*2 *19% *834 127*4 Nov May May 36 * 141% Jan 4 23*8June2t 6% Jan 8 10% July 29 35 Ex-Cell-0 54 57 00% Jan 947g May 171 Apr 28 2d 57 52 )4 52 M A/N 24% Apr 23% Jan May 11% May 102 22% 7*2 403 14 65% July 47% Sept 22 Endlcott Johnson Corp Ctfs of ben8f int w L.No par 2,100 % 30*2 May 9 39% Feb 14 3 50 El Paso Natural Gas ^Equitable Office Bid?—Ao par JErie RR common w l.No par 100 00 57 A Deo T38 23% Feb 19 27% Dec 10 23% Dec 19 1st 48 1 J 14% Apr No par 4,800 "IjOO 80 Dec No par Elec Storage Battery...No par $7 preferred.. $3 preferred Erl8 <Sc Pitts RR Co 1% 9 4 % Dec 10 5 ...3 13,100 78 6 27*2 Feb 19 , "b 57 F Apr 10*8 Feb 20% Nov 4% May 12*2 May 66*4 May Electric Power & Light.No par 2 Electric Auto-Lite (The) 36 35*4 23*4 7% 94 1*8 . "l"% 1*2 4% 20 1% *1 1*8 *'4 94 9 *1 ' 23 *7*4 1 78 1% 22*2 34 8 1*2 1 4 - 22 *7*2 *% *' 80 "*i% 1 22*4 5*8 22% 1% 1 1 * 78 "*1% 1 1 1% * 78 1 1% 23% 36% 43*4 25% May 32 May May Apr 29 $5% preferred 1,400 1,400 3 23*8 Jan 28 17% July 14 J in % 12% May 11*8 Nov 10 37*2 Oct 39 79 6% Dec %i Dec 118 lll*4July DetflS $3 preferred 1 1 2% 9 May 27 Edison Bros Stores Inc 200 5,009 Jan 8*4 May 145*2 Sept 18 182*2 Jan 9 367s Jan 10 17%Sept 8 33% Jan 10 17% Jan 6 7g Aug 5 4% Jan 11 39% Nov 6 36% Nov 6 34% Aug 29 33 July 7 110 ' 37% 36% * 1 200 ■it « 3,500 'it 5*4 3*2 5% 36% 74*4 74*4 7,500 , 65*2 7234 *68 3 *16 5% 3% *16 5% 1 37 1 Hi 5 3% *8 *16 /. 3% 65 3 2% 65*2 234 2% 65 70 80 2% *75 *66 *67 1*4 36% 2% 2% 74% 74is *65 3 86 11% May 117 Aug 138 ' 2% Jan June 4 1 120% Feb 14 105 163 Electric Boat 3,000 Sept 23 100 Elec & Mm Ind Am shares... 2834 2634 28*8 u Co....4 6% cum preferred.. Eaton Manufacturing 5,200 13,100 ' 1 9 No par 1/11 l%S9pt 16 12% Dec 18 No par 2% Dec 10 1 6*4 Dec 10 No par ..No par 10.200 % 30 28 28lo 303 19% 12*8 11% *,6 28 *25*2 27% 41 6% Apr 21 12%May 12 68 Dec 19 Diamond T Motor Car Douglas Aircraft Dow Chemical Co 55 57 *50*4 f'♦Venetian Prov Mtge Bank 7sl952 A 34%June 12 pf.100 JDeav & R G West 6% Detroit Edison... 1978 1978 3^s extl readjustment.—.1984 28% May 19% Apr 23% Jan preferred....-.25 Dec 2*2 Feb 19 3^-4^-4*1. extl conv 4-4M-4Ms extl readj 237s 12*4 Dec 17 21% Dec 10 Dec 6 Dlxle-Vortex 59 55 A/N ($ bonds of 1937)..1979 A/N Nov 114 13% May 18% Dec 15 11 Hudson.—...100 Western..50 Delaware Lack & 6% partlc 55 A/N External conversion 21 30% Aug Apr 30 June 3 M-4-4 Ms Apr 8% 28% Sept 18 —20 Devoe & Raynolds A ..No par Diamond Match ..No par 27 70 2,800 15*2 *14*4 18% % % 6,500 107 Jan 24 1979 external readjustment 6*2 Mar 18*4 Nov May 13% May 3% May 3 7 18% Jan 2 14 July 31 6% Aug 1 *4 Aug 12 23*4 Apr 7 20*4 Sept 15 29% Jan 11 20 Dei3el-Wemmer-Gllbert.... 10 Mills 5 Eastman Kodak (N J) .No par *%6 to % 18% Feb 19 Co..........No par 3 5*4 Sept 12 Sept 8 114 109*2 July Preferred..— i...— Delaware & id's ♦Uruguay (Republic) extl 8s..1946 F A 18 11*4 Oct 6*4 Apr 18 1,000 11*2 11*4 »8 27*2 24% 42*2 28 12 to % 29 43*2 109% 110 12 % ■%6 Jo .. Deere & Apr 21 14*2 Dec 15 (The).l Dayton Pow & Lt 4 % % pf. 100 Davison Chemical Co 2*4 131*2 133 15*2 20% 11% preferred. Conv 5% 3 5 25 Corp.. Davega Stores Eastern Airlines Inc.—.....1 2734 J J 3MS-4-4MS ($ bonds of 1937) 6,800 176 '72)4 With declaration 51 June ♦Externals f 6s 26% 27 "3)4 3)4 Oct Jan 20 14*4 Dec 10 Inc...No par $4.50 preferred No par Duquesne Light 5% 1st pf.100 28*2 1971 IfTnlwan Elec Pow s f 5M& May 14% May 42*2 Feb preferred........No par 320 *174 176 27 4M "*3M 1958 7 b ♦4 %s assented ...1958 J D If♦Slleslan Landowners Assn 6s. 1947 y a Sydney (City) s f 5%s ....1955 F A ♦Sllcsla (Prov of) extl 7s Mar 4 Cushman'sSonsInc7% pf.100 Cutler-Hammer 178 Jan Dec 10 24 1 A.. 400 2*4 ' -4"" 1962 A/N 32% Mar 80*2 DCC 15 10*4 Sept 8 29% Jan 10 90 Aug 12 6 678 Dee 10 1 113 2534 4M 3H ..... .... *7s series B sec extl With declaration 4*2 jan May 35*2 Oct 11% Mar 1 2534 113 50 Apr 6% July No par 14*800 4M 25)4 Deo 17 29% 29% Dec No, par 149 25 M J 34% Feb 10 Dome Mlne3 Ltd 700 25 10*< 8% May '91% Fo 45 Doehler Die Casting Co 800 2b M D Dee 19 140 4,503 4,100 24 '4 J ♦Sinking fund g 6%s. Feb 7% Jan Dec 19 8,703 4,400 25M ..1946 32% Dec 16 *2 Nov 1,700 3434 1934 10*8 10*2 65*4 66 121*2 123 12% 13 *2% 278 6*4 6*4 ♦112*4 11634 2% 131*4 13134 28% 700 J H♦Saxon State Mtge Inst 7s...1945 Nov 16 Class 200 33 J 11 D 1% May 4 Jan 32 J 100 21*8 May 95*4 May 18*2 Jan 25 32 M 52 May 25 J 24 12 3*2 Aug 60 May 45*2 Dec J — 53 M 15%Jan 7 9 10 2b M Apr May May Oct 11 10 J Dec 75*4 63 11 O 45% 98*2 Jau 6 13% Nov 22 8*2 Sept 5 64 K 03 J/N A 38% Dec J S iVf N {♦Secureds f 7s...........1940 July 127*23ept J ♦7s extl water loan..—.....1956 M S 15 19% 2*4 16 31% 29% *42% 133 176 *28 3,600 20 ♦6s extl dollar loan.........1968 J No par 33®4 2678 26*4 22 ls16 31 132 27% 2% 21% 11% 11% %6 1316 29 28% 23% 2% 11334 *15% 16 22% 22 176 28 28% 28% 2% *173 131*4 132% 176 176 *172 27% 2% 3,700 0M Apr Jan preferred......No par Curtiss-Wright. 900 122*2 125*4 28% 2'% 28 22 . 9 8% 113 780 16*8 *68 114*4 114*4 8,600 12% 36*4 8% *113% 114*4 800 6,000 9 13*21 113 113 113 124% 13*2 13*; 13*2 800 7 122 120*4 122% 120 13 13*4 13 13*2 13 12% 2% *2*2 2% 2% *2*2 2% 2% 3*4 2*2 *2% 7 6*4 6% 6% 6*4 6% *6*4 6% 6*2 *5% *112% 116% *112*4 116% *112*4 11634 *112*4 116% *112*4 116% 141 143% 142% 144 143 139U 141% 139 14434 142% 144 *125 125 126*2 125 *123 *125% 127 *125*2 126% 126% 127 124 124 122 19,400 9 37 *8*4 16*8 35 *34 35 35 20*4 11% 64I2 1878 1278 21*2 *36 9 72 *08 8% 8% 21 *34 *8*4 16% 16% 72 *68 72 ♦68 8% 18»4 12% 13 71% 10 13*4 18% 13 15% 71% 8*4 18% . 18% 12*4 18% 13% 153 **16 *16 !'■ v; 13*" 19 8% :6% 2% 18% 13% 21% 18% 13*4 8*4 7% 3 *8 16 11 7 27« - 3% 2134 28*4 10*4 28 0> Apr 99 Prior 500 934 *234 9% *110 112 3 *14*8 3*4 *2% 14% 14% 14*2 9% 111% "108 *108 *27g ; 319 3 3 3% 151; 9K O Dec D 3*2 26 1*2 24*4 . ♦Externals f 6s... *14% OH H 7% 184 preferred.-100 Pub Co (The)...No par Preferred.... $8 1534 8 • Feb 18% June 12*2 Dec 10 4H% Curtis 15 37 9 Apr 4% 36 77 70 10 H 9— 9)4 Apr 9*4 3% May 9 July 15 27% Jan 10 9 Dee 10 A 37 40% Mar 45*2 Jan Cuban-American Sugar.—100 970 ^♦llome (City) extl 6%s._... .1952 Serbs Croats & Slovenes 770 25 15*2 16 75 Jan 75 49 15% 15% 15% 15% 2134 Jan 4,800 8*4 June 25 95 49 24% *44 24% g 13 3 4,600 8 May 'uSept 6 26,803 16 4 Oct %6 16*2 —— Jan 47*4 Jan 16*4 16% *2 15*8 17% .1967 J D f g Jan 94 15 17 17 ♦7s municipal loan.— s 65 9 60 .9 .1966 M N ♦6s extl 61*2 9 2,400 10 M 40*4 Dee 165 May _ Dec 98*2 lOM 1964 M 19 8 8)4 .1946 A O .1968 J D OH 8X 0M 8)4 1953 Dec 5 9a4 A 6%s.— Rio Grande do Sul (State of) ♦8s extl loan of 1921, sec Santa Fe extl rt f 4s 1310 73*2 De. ;.. O .1953 F ♦Extl 11 ♦Saarbruecken (City) 6s 107 Feb 15 4178 F. ib 20 .1050 M S .1946 A •Rio de Janeiro (City of) 8s. Jan 28 Co....—30 R <J*Rhlne-Maln-Danubc 7s A.. Apr 9 l%May 6 3*2 Feb 15 A 33 15 72 F 25 Dee 4% J an 6 15 Dec 19 38% Dec 12 5M% conv preferred....100 Jan 49% May 12% Dec Pre ferred10 0 Queensland (State) extl 0s..,.1947 16% June 18% May 15*2 Mar 47 May f4t May 80 98*2 *2 16% ■- 2 5% conv preferred..—.. 100 Cuba RIl 6% preferred—.109 Cudahy Packing Cuneo Press Inc 2*4 Jan 5*4 Nov 23% Nov 97% May 2 Crucible Steel of Am or. No par 13 ®l« 15*4 17 8*4 25 8*4 16 ■*16 33 509 ""560 Apr 108*2 Deo 19*2 Apr 4% May 27% May . 5,700 3,500 1234 9 Dec 88 $2.25conv pref w w..No par $5 conv v' June Deo 10 *98*2 100 13*2 11 -... Crown Zellerbach *20 8% 9% May 10 12*2 1234 1114 2% D3310 *16 Dec 18 72 AO Feb 10% Apr 4*2 Apr 93*4 May * 56% Sept 27 52*2 Jan " 53*2 July 182*2 Jan 4% Jan 78 jan 1978 Jan Dee 10 72 —— . ♦7s extl loan of 1926 .' Corp....-5 preferred....No par 10'>8 12% 1034 *98*2 101 18 *16 11% 17 Dec Sept 20 S With declaration 18% Jan 42% Apr 21 Mar 31 Crosley Corp (The) No par Crown Cork & Sea!....No par 300 10% 13 13*2 99 13*2 u 49 Cream of 10% 10% 18 87 Crane Co 8*2 17*4 8% 24% 860 4,000 • ♦Externals f 6s.1.1952 9% 2*4 May 5% May 78 Dec 70 4*8 Jan 27*8 Nov 23*2 Jan 170 - 25 5% conv pref...103 Wheat Corp (The).2 Crane Co. Apr M 12 4*4 14K «K ♦8 ♦Prague (Greater CItv) 7%8.—1952 WN f ♦Prussia (Free State) extl 6%sl951 12 12 OH 9K J Jan Feb 32% Apr *2 Aug 5*4 May 2% May 8% May Jan 10 15*2 Apr 25 9% Dec 9 29 25 Refining Corn Products 13,700 84 *78 I{ 15% 50% % 11% *5% 40 10% 18 b 24% 6*4 16*4 6*4 16 17 16 17% *44 3,270 Preferred... ..—i.-. -—100 V* -*t *80' 30*4 29% 49% 4 45% Sept 30 50 Coty Inc.— ii—- -—a—1 Coty Internat Corp.... 1 17 8 '• 600 • Copperweld Steel Co...... Conv pref 5% series ,—.-50 Corn Exch Bank Trust Co. .20 130 ; is *2 50 * i. 40*2 <17% Feb 24 Conti nental Steel Cnrp.No par 1.200 39% 11*8 13*2 10% Vi— 30 10% 7*8 . 127 10% 29% 10% Continental Oil of 1,300 3,400 9 9*2 9% 9*« 9*8 8*2 9*2 9*2 7% 7*8 7% 7*8 7% 7% 7*8 7*4 7% 126 *116 127 *117 *117% 123% *115*4 12578 *U4*2 128 *73 75 75 75 75*4 75 x74 74 *75,% 78 7*4 *74 30% 10% 8*2 8*2 *115 39% 39 79 7% 31 10% 32*2 80 7% *48 79 32% 31% *76 50 39 *33*4 10*2 1:83*2 85 *82 50 17% — 1 Del—5 Continental Motors 3 / 18 17 10% 10% 50 9,300 16,100 10 13 35*4 Fab 14 2% Dec 10 Continental Insurance.—$2.50 176 6*2 *6*4 39 *33 50 3 26% (! Jan Apr 9 9 D ♦Porto Alegre (City of) 8s 1961 J ♦Extl loan 7%s.—-ul966 J 110% Mar 1% Jan 97*4 May 24% Dec 18 6% Feb 3 Continental Diamond Fibre.5 3 14 13*2 6*2 59*2 26 13 3 4 "5% "l0 414 12 4M "I'm assented...........1963 j"} "lO With declaration.— 16 4% May ■21% May 10 5*4.Aug 2% Dec 10 79 ; Jan 3 109% Nov 111% Nov 24 IID'sj Dec -.20 Continental Can Inc *4 Ms 314 4% 3 4 10)4 With declaration—,--.- i — — 176 89% 13% 17*4 *16*9 26*2 50 49% 49*2 49% 49U 180 180 *175 *176 180 3% 3 3U 3% 3 *0 % 616 % % *% 12 13% 11% 12% 12% 11% 89 91. 90 91 90 89% 14 14 14% arl3% 14*2 14% 13*2 17 16% 10% 3 „ Preferred called- bH 99*2 Deo 100 Deo May May 75 9%.Nov 22 7*4 July 31 30 July 21 106% Jan 22 16*2 July 22 98% Deo 15 11' Dec 10 America.25 "b% ♦External Rink fund g 8s....1950 J With declaration 63 - Dee 10 14 bM "*35 "j 4K 6*4 7 "7% "iaii 6*2May 21 • % Feb 15 278 Feb 15 ; preferred.-.100 8% 21,600 1,700 4,000 7*4 41 9 14 5% conv preferred., 100 Consumers Pow $4.50 pfNo par 3*4 - *2 12% *6*4 16% 10% 17% 3 * 6% pf.100 Consolidation Coal Co.....25 1% Dec i £5% Apr Consol RR of Cuba 300 26 24% 7*4 40% '2% 41 ! No par Consol Oil Corp.. 43*4 *175 3% *% % 26% 17m 10% 25% 10% 2% 26*4 16% 10*4 3 27 30*2 177 *3 3% 25% 7% 7% 39*2 2% 24*4 82% Dec 18 v*4 Dee 10 7% Deo 9 ... 5 Co isol Laundries Corp 600 102 7*4 *50 49 177 *175*4 177 2*4 102 11% Dec 18 , $5 preferred 200 112*52 11**32 40% 2% 26*2 17% 10% 2% % 11% 27% 7*4 41% 25% *3 *96 12 7*4 39% 7*4 40% 3 40 7% 26 28 27% 7*4 40*2 7*4 7% 40% 10% 97% 11% —— 27% 28% *7 20 *16 7% 2% 2% 2*o 2*2 2% 2% *103 104% *101*4 103% 102*2 102*2 *1021-. 105 ID?,, 112*52 ..a. 11 D%ill 137,2 *111%! 2% 39% >16 3% *96 12% 2% Ul"jlUl">3 ♦111", 28 - 19 : 98l2 98% 12% 12% 7% 19 *18 19 *18 102 102 *2 *%2 7% l2 • 8*8 July 23% Jan 107% Jan l'4July 11 July 3*8 Jan 4% Dec 10 4M 24% . 14 97% Jan 28 103 Jan 15 May 23 90 Corp.-.5 .6*4 73*4 33 May 2% May May 1 14,. ♦10 bM Mar High 12 11K 13)4 6)4 4 10 O 1% June i 2578 June Jan Low 3 O 16% Apr Dec 42 18% Aug 23*4. Dec 15%. Jan "i Dec 17 81- % 12 87 5*8 *3% ■ > Consolidated Cigar....No mr 50 92 Corp._---.-l Consol Aircraft 700 87 Inc.No par Cong oleum-Nairn 7,400 34,400 4 113 May % 30*8 Jan > June O ■ *4*4 A Apr 8 65% July 7*4 1% 12% 89% 1*2 .1 Dec 18 Dec 10 2*4 Nov 29 13% Dec 19 18*4 Dee 9 10 r Dec 18 *2 12% 89 . 40 20r Conde Nast Pub Inc...No par lo 12% 91 7% .., $6 preferred series..-No par Commonwealth E llson Cu.25 900 12*8 85 9 7*2 1*2 12*4 • 4,000 44,600 3% 141, 22% 10% *91 6*4 91 . 56 A . No 7M 7 O With declaration._._—..... Feb 108% A cqto High Low *4Hsassented—4.......-1968 ,■.< Jan June 97 * ■*i6 Jan 20% *81 91's 6 6% 6 ' 91*8 92 *91% *8 Deo , June 32 ; 11*8 July 41% 22% 10*4 87 *81 83*4 81 6% *4 22 37% Jan ( Jan 20% *2% 13% 234 10% Commonw'lth & Sou..No par 48 110 Commercial , 26 3*2 May 95 Price Mun. ♦Stabilization loan s f 7s....1947 A 8*2 Mar Deo 14% May 41 20*2 14% 22% 14 21% 92 ' 6*4 41 234 .19*8 Deo 17 . Apr 98% May 27% June Mar 104% Get $!.25conv prser'35.No par a;l02%Jitne 9 7% Deo 10 S;lve*its..No par 400 13.700 71 31 Coram'l Iuvest Trust..No par 32,100 K fe ■feo. (Concl.) {♦Poland (Ren of) gold 6s.—.1940 *4 Mb assented .j... 1058 $ per share 7% Oct 28*2 Aug 4*4May 16 100 preferred July 11 83 16% Dec 18 99% Apr I 414 % conv »32 118,000 *8 40 - 21*4 Aor 17 100 »; ... 20*8 3 *10 85 8 $2.75 oonv oreterred.No par Commercial Credit 10 300 >- 19'« 19% 19% 21 104% 101*2 104*2 *103 8% 7% 7% 8*8 8% 8 69% Dec 15 26,430 18% ♦80 100 *80 105 105 8*2 24% $ per share $ per share $ per share / par ■ Columbian Carbon Co.No par Columbia Pictures.....No par 2,030 5*4 *23% 16% 5 2412 1634 19% 19* 20% 8% •5% 5 16'8 ';'.'VV ; .'> .; 1,903 70 70 7()li 70 17 Shares Friday's Bid & Asked H ighest Lowest Highest Foreign Govt. & $ ner share. *23% 5*8 24% *30 105 105 ,. 70 70 5% *23% 10*4 Lowest Range or Sale fe.2 Y. STOCK EXCHANGE Week Ended Dec, 19 EXCHANGE v 19 Dec. 18 $ ner share % per share 23% 23% 18 Dec. Year 1940 On Basis of 100-Share Lots NEW YORK STOCK Friday Thursday . 17 Dec. $ per share 71 70% 5% *5*8 5*4 22% 5 v: Dec. 16 $ ner share 70 69% $ per share We lues day ■Tuesday 15 Dec. 13 Dec. N. Week's Last BONDS Ranoe for Previous Ranoe Since Jan. 1 STOCKS r. .1995 1995 1619. 105K 38 05 66 107 M " i04)j 103)4 103 M J Nov 42 M 38 65 106)4 104)4 106)4 107K 87 103 86 M 26 14 43 .;£• 12% Volume 154 Number 4023 - THE COMMERCIAL & FINANCIAL CHRONICLE NEW YORK BOND RECORD Friday BONDS ' fe STOCK EXCHANGE N. Y. Range Sale < Price No, v T.ow J D —1955 J 87 1034 / J J 88 1014 1014 *97 iy D *103 4 J 112 4 1104 110 -1946 J 1944 J D J J *100 4 3 July 1952 M S A....-.1964 ,/ 3 101- 97 ., i ■' 944 1034 ' 32 ! 3 99 104 104 *11 M j 1 87S 72 69 23 67 >; *2114 75 - 4 3 % 24 29 4 30'4 30>4 754 104 4 IOI4 3 32 20 254 24 > 38 99 9 1054 34 103 16 A O O ,544 534 56 53 4 53 H 534 173 4 O 57 4 56 4 68 H 113 564 294 29 4 30 % 385 274 474 J D 34 19 1% 1996 324 34% 31 123 ' J 634 284 30*4 26 128 17 30 % 196 32 % 690 Fgli L E & W Va System— Ref g 4sextended to.. — 1951 MA S'wcst Dtv 1st M (Int at 3 % % 46 46 48 J J ./ 44 4 94 % 95 50 Beneficial 48 '4 1950 With declaration... 614 504 584 118 i" 14 84 55 v; 43 1074 1073* 22 131 % 6 554 48 - 83 i' V'- 131 4 984 85 Boston & Maine O y 17 104 105 % 12 102 4 107 101)4 104 21 100 1044 ♦ji 102 4 106 4 10u . v: 107 .... 109 ? 102 99 4 102 4 ♦72 75 68 -794 85 4 5s equip trust 16 10'J *tt, 105 109 Celanese Corp of 864 88 ♦ 104 24 1634 8% 334 34% 84 5 % 4 4 *724 524 13 *16 17% 224 11 11 10-14 *13 15 13 110 *107 110 1114 3 3% 50 67% 51% 5% 07% 1134 12 *66% 11% 41% *35 V' ! *5% *35 *<4 2 48 414 66 8% 105 75 21 • 90 4 U 9 *9% 41% ' 3 Foster-Whealer...10 $7 conv preferred—_Ao par Francisco Sugar Co. No par 2,800 Fruehauf Trailer Co —.1 30 5% conv preferred 98 Dec 19 42% Jan 13 16% July 94 18 Dee 12 14 Sept 12% May May 32% May 10% May 24% June 4 19 Mav 5 Dee 22 7 July 31 Sept 18% lune 9% May May 2% Aug 61 8 Jan 41 6% Sept 7 7 Jan 9 >v 27% Mav 84 8 4 2 20% Jan 46 xl8% N Mav Nov 17 32%Sept 2% Feb 1.7 — Jan 10 May June 10 Nov 28 103 D 33 15 79 18% Jan 10 105 36 May 21 32%May 31 100 — 13 8 Dec 12% Dec 19 F'k'n Simon feCoiuo 7% pf.103 Fraeport Sulphur Co. „10 20 18% 2% 50 17,200 800 1,500 3,100 3 6% 978 6% 9% *44 500 -1% 2% 10% 18% 2% 3 6% 9% -9% 50 40% 6% 9% *44 300 41% 3% 50 20 Mav 24% May 23% July 29 99 1 Aug 16% 16% *120 26%, 81 16 126 26 81 - 16% 126 26% 81 6,600 130 1.300 3.100 2.600 Clas:s A— 1.200 81 25% 26% $8 preferred.". —....Ao par General Bronze Corp 5 General Cable Corp No pur 7% 2,200 • 40 94,000 26% 5% 21% 16% 5% -'« 10% 5% 3,200 30 7% preferred General Eleotrlc Co "32 %* *21% 15% 8% 16% 15% 9% 72% 69% '71 17 ■'? 17% 17 17% 10% 10% 10% 10% 15 14% 14% *14% *107 8% 110 110 » Nov 28 Sept 19 110 7% 8% 7 7% 3% 3 3 49% 49% 48% 6% .5% 66% 12 39% 48% 5 66% *64 11% *36 ' 48% 5% 16% 900 General Telephone Corp...20 10% 14% 110 481 5% 63 63 IM4 11% 11% 39% *36% 39% % *36 90 *47% 4% 63 *% 11% *36 1 Gen Theatre Eq Corp..Ao par Gen Time Instru Corp.Ao par 6% preferred 100 3,800 48 *80 Shoe Corp... Gillette Safety Razor..Ao par > 5% $5 conv preferred 800 4,000 Glinbcl 11% 7,100 Ao par Brothers..—..Ao par $6 preferred.. .300 3!) 5% Dee 17 105%May 12 %2 N ev 6 A) par Glidden Co (The) No par 4M% conv preferred 50 Dee 8% Dee 9 46% Jan 30 16% Dec 18 9% Dec l« T3 Dee 15 102 Mar 17 General Tire & Rubber Co...5 10,090 7% 3 48 Mar 3% May 94 June 35% May 5% May May 118 1% May 4% May 11% May 4812 Feb 12% May May 102 26% May 33% Deo 111% May % May 28 8ept 77% May 118 May 37% May 116 May 32% June 3% June 4% Jan 7% Jan 15 110% Nov 7 % Jan 27 106% Jan 15 % July 24 25 Deo 5 10% 14% 7% 127% Aug 25 93%June 25 % Nov 18 16% Apr 16 14 Dee 9 16% 5 65 11% 6% preferred Gen Steel Cast $6 pref—Ao par 3 Sept24 16% Jan 10 General 110 3 9 1,010 3 28% Dee 18 122% Dec 17 39% Dec 10 132% Jau 28 48% Jan 6 z9 4,100 "7% Dec 15 125 par Gen Realty & Utilities......1 300 '35 100 No 6.200 3 •' ;..._1 10% 7% 3 67% 12% 41% General Printing Ink 700 2,400 June 45% Jam " 16 8% *110 8% 3% 50 Gen Outdoor Adv A...A0 par Common No par 70 151 Sept 18 Oct 3 22 139% Apr 7 35% Jan 14 91 130 ' 6% Jan 6 15% Jan 10 97 101 17 16% 10% *14% June IS 144 8 69 8% 6% Dee 10 7,3% Feb 19 16 Dec 13 120 7% Jan 8 July 14 5 Mar 20 9 Dee 12 2% Dec 9 2% Dee 11 6 Jan 2 $6 pref opt div series. Ao par General Refractories...Ao par 8% 3% D» 116 55 Jan No par 69 69 5 June 39% Dec 18 78% July $3 conv pref series A. Ao par 8,000 ' 21% 15% 101 42% Sept 25 117% Aug 6 l% Nov 27 21% n32 24 15% Anr 16 6 Gen Railway Signal 21% 16% 9% 53%May 8 5% Oet 15 104 Sept 10 4 % Jan 2.800 'lis 47i2 Jan 21 33% Fab 15 112% Jan 8 5% preferred—.....—..100 General Motors Corp...... 10 $5 preferred.. No par 8 5% Mar 21 Mar 21 12% July 29 Gen Gas & Electric A..Ao par General Mills Dec May 8 9% Dee 10 General Foods Corp...Ao par $4.50 preferred No par 10% 10% 10% *103% 113 *103% 113 21% 21 24% Deo 10 5,600 hi 10 ' S ipt No par hs *32 • 106 ''106 ....100 $3 preferred.. ..Ao par Gen Public Service....Ao par » 1 5% 5% *104% 109% ♦104% 109% 108 10% 21% 8lo 5% ' 108 No par preferred—....103 General Cigar Inc.. No par cum 1% May 2 12 Nov 29 12 23 2% Dee 10 6 A )r 23 Gen Am Transportation.—.:5 General Baking .5 6,100 16% 16% *118% 126 128 25% 7% Anr 16 Dee 10 15 5% preferred..... 10 Gavlord Container Corp....5 Gen Amar Investors...Ao par $6 preferred No par 2%June 5 2% Sept 12 1% Feb 4 1% Apr 10 .1 5%% conv preferred...—50 39% 82% (Robert) 6% preferred 20 Gam a wall Co (The) No par Gar Wood Industries Inc 1 2,265 1 81 400 - Gabriel Co (The) c] A..A0 par Galr Co Inc " 40 41 40% 3% 3% 3% 3% 3% 3% 117% *110 117% *109 117 117% *105 3 3 3% 3 3 V;-v:3 3% 2% 2% 2% 2% 2% 2% 2% 7 8 7% 7. 6% 7 7% S3 26% 5% rf- 5% 2 2 *83 94 16 105 4 Dee 17 7 2%May 13 31%May 24 4% Dec 9 60 Feb 21 11 % Dec 18 9 33% Dec 29% Jan 11 11% Jan 10 80%Sept 24 Aug 16% Jan " June 20 22 112 9 Dee 14% July 31 4% Sept 30 54 1 Dec BtjMay 100 June % Nov 9% June 86% Jan % Dec 13% July 20 May 10 July 14 May 16% May 7% May 13% May 98 Feb 10% May 3 Sept 30% Oct 9% Sept 12 74% Oct 6 17% Sept 18 46 Jan 9 4% May May .11 May 2 2 2 85 85 *85 87 14% 13 13% 57 14% 69% 13% 64 57 11-14 12% 11% 57% 11% 72 66 68 105% 42 90 4 105% 17 109 23 63 4 S J J 894 J 3 89 65% 13% 12%, 75 73 100 % 83 82 4 76 4 14 10 84 76 4 42 1074 ■. 1% Deo *95 101 *35 47 99 4 91 % 3 99 4 47 .... 100 27 93 97 4 4 24 ... *34 43 25 A 94 10% "'27 2 4 2% 59 2% ',.57 ; • J 3\ J F A 24% a o Through Short L 1st gu 4s. 1954 Guaranteed g 5s 1960 F A 684 46 t/N S 54 ''14;; 14 Chesapeake & Ohio Ry— ; \ ; General gold 4.48——.——,1992 A/ S Ref & impt mtee 3 4s D_ 1996 MA — Ref & impt M 3 4s ser E...1996 F A 3 Potts Creek Br 1st 4s_.——.1946 J J R & A Dtv 1st con g 4S—...1989 J 2d consol gold 4s..'......1989 J 3 ~~23 56 14 3/ 74 13 12% 25 6 68% - 63% 47% 78 ■31 .... 318 80 79% - 25 23 23 25 15 14% 14% 14% 14% *23% 14% 21% 20% 20% 20 20% 20% 24% 24% 24 24% 137% 135 135 136 136 58 *54 56 54 54 33 32 33 32% 33 12% *54 12% 11% 13% 11% 11% 14 2% 2% 3J 14% 12 23% 24 23% 24% 11% 12 ztl% 11% 11 11% x\ 07S 14% 2% 14% 14 14% zl2% 11% 1 0% 12% 2% 2% 2% 53 53 *11 2% 2% ; 2% 52 234 22 2'-i 21% 2% 2% 2% 2% 2% 22% 22% 22 ij 21% 22% xi9 10 27 24 24 24 24 24% 35 *32% 24% *32% 8% 24% 35 9% 24% 35 10 9% 9% 9% *47 2 61 103% 102% ... *32% 9% 53 *9io 9%. 13% 13% *146 14S78 *146 41.1 & 4 *92 947ij *32% > 10 *105" 105% 106 IOOI4 *100 *92 35 9% r: *4 1-% *81 42 514 5% y *57 1% 83 5% 58 *148% 158 I *12 104 52 143% 10 *105 105% *100 104 14% 13% 52 1024 1024 1024 102 4- *121-" 1 ! *81 94% 57 25 *14 914 1074 1004 1044 1284 134 102 4 106 1024 106;' - 1204 1224 112 1,000 130 60% 5% preferred... No Goodyear lire & Rubb.Ao Preferred-......... Graham-Paige Motors.. Oranby Consol M S & P 400 ($8 1,500 5% 20% 24 5.700 5,000 100 15 2,500 18.800 20% par 100 7.500 8% par $5 conv preferred ——Ao par Gotham Silk Hose.....Ao pur 3.800 4 *45 52 2% 2% 24% 24% 136% 136% *54 60 Grand Union Without w . . £1 5 div ctfs. Ao par div ctfs.'.—Ao par Granite City Steel Grant (W T) No par Co 10 6 4% Dec 1 19 1 June 20 25 June 10 % Dee 10 3% Dec 10 7% Dee 18 6% Dee *3 5 Dee 9 20 28(i Anr 22 23 Mar 23 Gr Nor Iron Ore Prop..Ao par 12% Dee 10 Great Northern pref...Ao par 18% Dee 5% preferred 80 Great Western Sugar..Ao par Preferred 100 20 Green Bay # We-'t RR 5,300 32% 11% 33% 3,400 11% 12.800 11 U 1,500 12% 2% 12% 5,500 2% *45 53 2% 1,800 60 2% 5,000 19 19% 4,303 24% 24% 500 9 35 7 9 9% 58 12 82 5% 5% Green (II L) Co 100 Inc .1 Greyhound Corp (The).Ao 5 par <4% conv preferred.....10 Grumman Aircraft Corp Guantanamo Sugar 1 Ao 8% preferred.. par 100 9 90 Jan 3% July 27 18 68% Nov 17 80 May 2 May 77 July May 45 May 12% May 10 69 June 1% Dec 25 May 1% Jan 11 *2 May 6% Jan 6 4% May 13% Jan 7 13% Jan 6 25% Jan 22 9% June 6% June 10 May 26 May 21% May 18% Nov 28 28% July 22 15% May 12% Jan 2 36% Jan 16 $5 preferred...... 19"g Jan 135 4 J Dee 2 17 Mar 26 29%May 27 9%Mav 5 n%June27 10% Dee 10 1% Feb 4 28 July 29 144% Aug 15 51 Dec 18 36%Sept 2 14% Sept 17 11% Apr 22 18%Sept 9 3% July 28 8 4 6 Jan 3 1% Feb 19 4% Aug Ao par 9 Fab 14 23% Dec ....25 24 Dec 15 33 Jan .25 33 Feb 18 38 Mar 7 28 16% Jan 8 Gulf Mobilo & Ohio RR A? par -. 11%' 9% 9 9% *105 106 *105 104 *100 104 15 13% 147% *146 3% •MM *92 94% 3% *92 13% 148% ' 1-% •. 1% 3% 94% 81% 81% 5% '50% l-V 5% 81 1'% 81 ' •5% 5% 13% .14 146% 145% *3'8 15 iph *6% V 15 *13% 16% 15% 6% 13 55 1% *80% 5% 1194 • *14 15 6% 6% ".36% 37% 15 37 *28 *14 15 6% 52 58 52 158 *140 1434 *113 38% 14 *13 14% ;14, 14 i 16 15% *13% 14% 15 14% 6% 6% 15% 115 37% Feb 25 D ec 108 100 Dec 14 7,600 12% Dec « 10 6% preferred 100 Hat Corp of Amer class A...1 6% preferred 6H% preferred 500 158 11 <113% 29 151 104 Harbison-Walk Refrac.Ao par 12.300 52 15 15% DtjJI 100 Ilanna (M A) Co $5 pf.Ao par 82 5% *149 11.% 15 > 1.000 """76 6,-500 52 11% - 6% \15% ♦113 - 6% 15% 115 :35% 36% r2s ■;>: 28 6% 15% *113 s35 15% 115 36% *13 ' 1,100 "i"300 2,700 "i',365 200 1618.' Hayes Mfg Corp ....2 Hazel-Atlas Glass Co. Hecker Products (G W) Preferred; Helnie 25 Corp......1 —25 100 Ao par Hercules Motors..^ li0 Jan 3% Dec 16 Dec 12 92 1% Dec 10 76 June 12 15 50% Dec 17 5% Dec 150 Dec 1 10% Apr 21 65% Dec 9 11% May 18% May 1123 June 27% July 23 May 9% May 9 May 14% June 1% 11 1% Aug May Dec 8% Nov 13% Dee 19 14% Dec 18 *6 /-V 6% 3,641 Hollander & Sons (A) 15% 1,100 Holly Sugar Corp.....Ao par 500 1,500 lb: 90 3 5,401 3% Jan 96 Sept 8% Sept 6 5 19 83% June 2 Aug 89% June. 6% Dec Jan 13 86 July 11 155 16% Jan 9 96 168 June 16% May May 5% May June Jan 12% May 69 Dec 94% May 10 3,900 '•>H 101 95 130 126% Aug Holland Furnace (Del)...—10 12",600 11 Jan 23 Feb i0 8 Hires Co 35 10 115 99%June 17 Hlnde# Dauch Paper 15% Jan Feb 6% cum preferred—.—100 rl33%M'ay 1 No par 33% Dec 19 400 115 Jan 24 $4 conv preferred—;-Ao par Hershey Chocolate 300 32 25% 29% June 30 May 9% Miy 10% May 100% June 29 132% Oct 21 56% Jan 18 Hercules Powder......Ao par 2,600 *113 , PJuly 16 106% Jan 16 3 14% • page 100 9% 14% 13% 13% 14% x 27% !■ *28% 28% :■ 28 28% 27% *25% 28% 8 8 8% 8% 8% .'■rt '8 >>'■ ;■ 8% 8% 734 7% 8 7| 43 42% 42% 42 42 • 42 42% 42 ■ ,42% 43 40% 41% 108 *101% 109 108 *101% *101% *101% 108 *101% 108 *101% 108 3% 3% : 3 3 3% 3% 3% 3% 3% 3% 2% 3% 30% 30% 229% 30% •29% 30% 29% 30% 29% 30 28% 29% For footnotes see 9 15 1% *148% 158 12 8% D33 Hamilton Watch Co...Ao par 000 • 16 115 37 1 Hall Printing Co.—..-10 4'') 94% *92 11% 11 11 69% 69% 69% 68% 68% 691,i 60% 69% *127% 129% *127% 129% *127% 129% *127% 129% 38 4041 36 ; 36 38% 33% 34 *107 109 107 107 *104v 112 *104 110 15 2,1 <10 106 *100 14% Ilackensack Water 7% preferred class A 35 106 55 *52 *148% 153 *32% 8% 100 1% 81% 5% *1481% 158 li 1-% 83 5% 67% 68% *127% 129% *127% 131 *40 42% *41 43% *107 111 *107 110% 15 " 119'," ; ' 103% 2,400 134 100 3% 3% *92 1% 69% 102 33 10,300 80 .4 30 20% Sept 18 21400 11% 66 105 •13% 148% *146 *146 4 94% 9% 9% *9% 13% 1% 12% *63 754 584 78 1° 11% Dee 18 57% 1, Jan ' *138 138 ■ For other footnotes see page 1619. *23 14% 20% 32% 12% 11% *113 >'< *23 "32% 13% 194 114 19.4 124 19 106 4 1094 654 764 41 129% 104% *110 25 6% 5% 29 14% *105 11 107% v 1284 5% 29% 21% *100 22 -1 "7 129 7% 5% 29% *32% 9% ; 70 13% 102 4 6% 5% 30 *25 •I 154 -v 1024 8 f deb 448 (1938 Issue).., 1950 Mi 7% 5% 29% 33% *13% Champion Paper & Fibre— •. 8 f deb 43iS (1935 issue)...1950 im S 7% 6% 30% ' 164 54 54 80 78 7% 7% 6 *30 1084 112 107 4 67 4 444 7*2 6 30% *9L 54 134 *61 .3% *7% 14% *136 11% Aor 19 57 Dec 17 1o 7-% 2% 21% 55 3 69 *10 ' »t« 3% 7% 20% . 81% Aug Goodrich Co (B F) —.-Ao par 2% H 6 62 13 4s registered—...—....1987 % 3% 7% 52 324 9% 114 134 7- 3% 7% 2% 5 ; 164 *1124 69 *52% 3% 60 ■ 3 1% 60% 11% 64% M4 *52% 7% 12% 974 12% 124 94 1% 4 133,t O J 91/ ' *23 15% Gold & Stock Teletraph Co 100 % Dec 10 2 Dec 9 103 284 2 4 94 2 4 2 4 *55 Gocbel Brewing Co 1 40 23.000 3,000 53 174 40 1% 60 104 88 . 60 1% 1 700 14 1 2 734 -7«2. 3:534 30 21% *11 -! 2 1 85 2 84 13% •57% 4 33 694 954 1064 694 894 644 86 4 41 504 1044 1084 '.,v'l 106 */ 60 '6870 73% •% 139 76 12% - 1% 60 3% 7-i.t 8 6% 33% 14% 85 12% 2 ' 4 8%l 2438 52 76 42 106 4 *52 60% *135 100 4 57 79 42 1064 1945 J *134 2% 85 73% 2 20% ; 1024 1124 40 89 % 102% : 102 *21 A—1948 M I;. 90 4 106'; 1084 624 85 Gobel (Adolf) 25 2% Sept 4 91 Jan 10 21% Nov 24 74% Oct 6 % 14% *23 1 104 2 62 *7% 110 104 4 *'.t 15% *52 934 HO 92 4 108 4 2 *2: 64% 12% 2 934 1064 16 109% 2 % 14% 6% 108% ♦14 64 3314 108 •% 16% 894 108 % 85 107 4 107 4 Ry— 54s 8% •% *54 Central N Y Power 34/8—1962 Prod 3% 6% *6% *45 61 127g : 1054 1084 20 105% 1084 J M 7 80 105 104 4 108 5s registered.........—1987 Certaln-teed 6% 9% 70% *73 7 81 594 784 108 J Bkg of Ga 5s. 1942 3 15% 84 108 A O ♦ Ref & gen 5 4s series B._—.1959 A O ♦Ref # gen 5s series C—...1959 J D ♦Ohatt Div pur money g 4s..1951 J J ♦Mobile Div 1st g 53———1946 Central RR <fe 1% 64 : 34 34 664 3 107%' 79 4 D Cent Pac 1st ref gu gold 4s...1949 Food Machinery Corp. 6,050 94 *9% 18 10% 3 *49 1084 J ..1987 7% •13 *107 3 69 1054 93 —1 94 1% 18 17% *16 1114 *7% 1st mtgc 5s—————Nov 1945 f a MA ♦General 4s.. 18% 2% 10% 18% 17 16'4 8% 70% 8% 67% 104 15 4% 106 4 J i ..1966 2:100 7% 4% 10 1-% *10 %6 17 8% 63% 32 80)4 53 3/ 524 684 684 1956 F A 1951 M S J*Cent New Engl 1st gu4s....1961 t♦Central of N J gen g 5s.—1987 7% 2% 2% 11 50 2% 24 67 "" 1 5 100 Cent Illinois Light 34s 18% 98% *94 *10% 10% 10% *103% 113 103 *21% 16% 744 394 1134 1084 HI 334 1948 — 10% 90 111 *111 w—.1947 {♦Consol gold 5s . 103 ; 1074 1134 864 954 102 4 1074 23 102 4 •113- America 3s—1955 ^Central of Georgia 21,t 3% i 104 7 87 Ohio 4s 1965 M S MA Carriers# Gen Corp 5sw w...1950 F a Cart & Adlr 1st gu gold 4s 1981 ♦Cent Branch U 1' 1st g 4s 7% • 18% WW • 10% 107 18 107 4 1034 Carolina Clinch # Celotex Corp deb 4 4s w 1% 2% S3J " 25 8% 104 1074 a 4s—.1949 7% 95 16 104 38 105 U I960 Collateral trust 4 48 t♦Carolina Cent 1st guar 132 95 127 78 18 1004 J 1954 5s May 31 9% Dee 10 105 ; Feb 19 130 95 16 9 4 252 14 1084 ./ o / 1944 Ct's— 24 1,300 2,109 10% '10% *-- onv preferred 8% Dec 17 34% Feb 19 ' 1969 a 1970 F 1916 Coll trust 4 4s Coll trust gold 10 32 32 10% 3 127 184 38 33 4 D 5s A gold 448---- 1957| J — 32 130 37 82 26% 72 -Vi"- 144 MN GuuratiteoU gold 5s**.;* July 1969 J Guar gold 4^8..,T—-. Deo 37 25% 6% 578 5% 5% 0978 *108% 109% *108 109% ».6 y 35 34 11% 17% '234 66 4 •1 73)4 " 70 1 ■*21 ■ 4 Canadian Northern deb6%s—. 1046 Can Pac Ry 4% deb stk perpet.... June 23 35 *6% *9% 778 82 814 85)4 70% 36% >'■ v: ; c; 70 4 35 a 57g *108 102 O 1962,A O 1955 21 5% 80 40 17 *101-103 ♦107* 1966 A Oct ..103 29 31% 117% *2% 25% 10<4 101 103 1955 •' J 1960 A O Guaranteed gold 5s Guaranteed gold 5s Guar gold 44» Guaranteed gold 4 4 s *26 40 4 16 *32 13 101 103 * *83 Canada Sou cons gu 28 . 1044 107 •• Canadian Nat Jan 19% *118io 128 36 tBurllngton Cedar Rap # N<>r— .4 O ■'.< §♦ 1 st # coll os 1934 ♦Certificates of deposit. Bush Terminal 1st 4a 1952 A O ilallf-Orcgon Power 4a 7 « Stamped 5s gu 19% Dee 10 3% Dee 10 3%" 35% *45 778 *8018 I6I0 105 <4 A Af N Rush Term Bldgs Fbrsholm Shoe class A.No par Follansbea Steal Corp......10 19% 3% 47 17% 411 3'4 26%, 1044 J Bklyn Un Gas 1st cons g 5a...1945 1st lien # ref 6s series A 1947 A/N / D Debenture gold 5s— 1950 l«t lien # ref 5« merles B 1057 A/N Consolidated os ■ ' 2% May 25% Apr 1,100 *19 Corp.........1 $ per share 22 15 12 24 33% Jan 18% *40 3% 2U 8'k 82i2 105 A 1961 A O ..I960, J MN ♦Inc mtge 4 48 ser A —July 1970 F A t*Boston & N Y Air L 1st 48-1955 M N Bklyn Edison cons M 348—1966 F a Bklyn Union El 1st g 5s—.. 1950 modified (interest at 3% to 1946) due... 1957 20% Dec 16 35% *112l2 118 *278 3 278 2«4 105 4 BR 44s B—....1981 J Buff Niag Elec 3%» series C..19b7 Buffalo Rochester# Pgh Ry— 154 64 U F 27 5 15 4 JJ Buffalo Gen Klec $4.50 preferred—....Ao par Fiorenca Stove Co...—Aj par 19% " 264 264 254 254 1950 h A 19o7 M 8 1955 A/N 1st M 5s series II 1st g 44s series 1st mtge 4s series "eooo 98% , ..1944 J D 1st-5s AC 3l78May 1 z3% Deo 11 *19% 3% *31% *10% .7% 2,400 8,300 22 28 130 "*7% 33% First National Stores..A? par Fllntkote Co (The)....An par " 38 38% 39 387S 37% • 33%l 38% 38% 38 38% 3734 38% 7,100 *115'4 117 *115% 116% *115% 116% *115% 116% *115% 116% *115% 116% 78 7g 1 78 % 1 % 1 % 7,700 85 85 *85 90 *8134 90 85 85 *83 485 7 20 90, :v 84% 84% *83 85 84% 8D 82% 82% 82 83 83 83 1.100 *122 125 128 125% *125% 126% *125% 126% 125% 126% ♦126% 128 ■VT 80 32 32% 31 30 33% 31 3J34 32% 28% 30% 29% 30% 192,300 123 *122% 123 *122% 123 123% 122% 123 122% 122% 122% 12 2% 1,600 *40 41 3934 3934 ! 39% 41 40 40 40% 40% *39% 41 900 *3% 3% 3>4 3>4 3% 3% 3%' 3% 3% 3% 3% 3% 1,000 27 4 264 64 —— Big Sandy 1st mtge 48 Blaw Knox 1st mtgc 34s 29 10% 93 *9 8% 12 6% preferred series A—.100 ♦95 3% 27%Sept 97% Jan 16 Sept 45% Sept Fllenes (Wm) Sons Co.No par Firestone Tire & Rubber...10 98% *18% 9 Dec 900 20% 20% 89 share Jan 6,200 17% 13% 03 19% 40% 3% 37s 16 ~~9 *97*" 1004 98% V"A 1965 *95 32 10% 9 conv preferred..—100 per Fidel Phen Fire Ins N Y.$2.50 36 1% 50 41 118 25% 1034 H34 1374 ------- H Lowest 4% 3,200 47 2% 6I4 978 978 *11S'2 128 130 D J ^♦BerllnElec El#Undergr6%sl956 A Beth Steel 3 48 conv dobs 1952 A Consol mtgc 34s ser F J959 J Consol mtgc 3s ser G I960 F Consol mtgc 34b scr 33% 4]4 % 300 $ 2% Anr 16 16% Deo 19 Ferro Enamel ■ 11% 3 *45 42 *78 444 ...'. ■M 195o *40 - Year 1940 Highest 2.200 8% 41 ::5 *94 2 214 11 171.1 6',i 9i2 27g 284 *7-I4 984 43 22 48 81 % — 364 434 • With declaration—- 18% 318 50 41 1102 4 t»Berlln City El Co deb 64s.1951 With declaration —— ♦Deb sinking fund 648 1959 ♦Debenture 6s..„u 354 35 . 50 *42 * 107 M 144 17 47 47 4 Belvlderc Del cons 3 48... Indus Loan 2%s ;(• S per share . 3,-500 17 90 ' 4 *26% 31% .8 . 13% 22 ' 16% *88 1 »' •■>*<{■ Par Federal Motor Truck—A? par Fedsrated Dapt Stores.No par 2.300 *4'4 4'4 4''s 4is 4% 4% 4% 4% 4% 4% 4% 4% *100 106 *'95 106 *100 106 *100 106 *100 106 *100 103 46 143 45 Hi 47 4 51 3%s Bell Telep of Fa 5s series B 1st & ref 5s series C 36 '95 2 -614 9i2 47 26 83 39 % 30 4 43% 95 J 1980 laol 1948 I960 1943 1st gu 3s 7% *35 lOM *178 3 358- 374 J lBt5g.__.l943 4s stamped 464 L 2 *6'4 294 284 30 4 1950 4s A....1959 8 47 107g ,11 18 17U *45 M 1947) due ■ lr,8 178 3 32 Beech Creek ext 1st g Lowest Shares 'j 3% 8% 8% 49% 40% 17% *-13% 12% 90% 90 ' 33 33% 90% 21% 3% 3% 17 40 ''93% *--130 36 3434 19M 9514 '95 lr>8 294 -1 19 ;v; 28% 31% 10% 11% 10i4 *40 3434 ' $ per share 90 8% 8% *20 4 31% 125 7's 7I2 V 47 107g 8 Con ref 4s.. Range tar Precious On Basis of 100-S5ar« Lots Week 19 734 D A Battle Or & Stur 7i2 • 21% 4 17 734 A ..Feb 1 I960 F Bangor# Aroostook york stock exchange : 53.4 '68 J D (Int at 1 % 1 1946) due 2000 M S Toledo Ctn Div ref Dec. 3% 90 V 34% 20% 28 31 105g *-.. *95 *18% •v 314 2912 3012 v 125 Ref & gen ser to Jan 1 10i2 1064 *94 A ' 0 20% 3% 41 17% 14% 94G 94% 33% 9% r,.i 8% 20% 22 81; 113% *95 ■ 17% 98% 34 9 21 >8 *28 34-14 1st mtgc gold 4s... July 1948 4s registered .... 1948 Stamped modified bonds— 1st mtge g (int at 4% to Oct 1 1946) duo..-July 1948 :'; •) Ref & gen scr A (Int lit 1 % to Dec 1 1946) due— 1995 Ref# gen scr C (int at 1 1-5% to Dec 1 1946) due 1995 ■i 18 Range Since Jan. 1 new rhe Friday I per share 90% *11 ' ■■ 33% 100 • Baltimore & Ohio RR— ::v 'Dec. -.3% 17% '90%' i 8% 40% . 14 .14% *95 9'g 314 37« 8 41% 17% *11 335g *19l.t *3 >8 29 *40 Sept 1 1946) due 17 3% i 92 8% 40% 15 20-14 -22 *19 ' 99 *95 i 2134 j 69 97 - '335S 87g 0«8 IOOI4 *88' ' 9 40'4 1734 *95 34 *95 814 56 77 X V to Thursday $ per share 3% 17% 17. •' I8I4 ;,v 1458 t 15's 3% 92 • 9 40U 99 33'2 >: ♦Conv due.. Dec. % per shire 31, v. 1714 ♦88 • 1734 •*11 15 *94 1 18 118 I8i2 92 1124 95 314 „ B Ref & gen ser F (Int at Wednesday Die. 11 $ per share . j D'S 9 4040«4 97 4 1014 994 102 4 34 99 S 1953 25 4 111 4 - t. *88 1004 104 111 1124 109 1114 614 32 Atl Gulf <fc \V I 89 coll tr 5s.-1959 J 3s T'lisdir 15 " Dec. 3'4 18l2 974 1034 > 79 J to Sept 3 95 4 101 . 1004 102 594 94 4 684 J Atlantic Refining deb 10 1014 1114 78 — 4s..--..--1948 *100 D 10-year coll tr 5s..-.May 1 1945 J/N : I. & N coll gold 4s Oct 1952 MN Atl & Dan lstg 4s ..1948 J. J Second mortgage 103 4 112 4' 1104 1004 1944 B Monday Saturday % f iAtl Knox & Norlstg 6sl Atl # Charl A L 1st 4%s A stocks Sales for 1 High 86 4 51 105 1114 Cal-Arlz 1st & ref 4%s A...1962 M S General unified 4%s No. Low High :■ 87 D ./ 1st 30-year os series Atl Coast 1st cone 4s LOW A N't HIOH SALE PRICES Since Jan $ per share MN Conv gold 4s of f Is Asked ' 1995 -1955 1910- --.--i960 Rocky Mtn Div 1st 4s.,-.-.1965 Trans-Con Short L 1st 4s—, 1058 ' & ;: Dec. 13 (font.) Atchison Top & Santa Fe (Concl.) Stamped 4s ...... Conv gold 4sofl909 — Conv 4s of 1905------ Range or Frilay's Bid Railroad & Indus. Cos. ( NEW YORK STOCK RECORD Week's .. Last o ^ fe Week Ended Dec. 19 p 1613 Co...10 (C E) The... 13% Dee 10 5 6% Decll 9 Feb 14 7% preferred..... .....100 xl07% Apr 14 Homestake Mining., __.12.50 32 Dec 19 Houdaille-Hershey cl A.No par a:27% Dec 18 Class B—..........Ao par 7% Dec 18 4034 Dec 19 5% preferred........—100 100 Au?l4 Houston Oil of Texas v t c—251' 2% Dec 19 Household Finance..—Ao par Howe Sound Co..5| 26% Apr 22 80% July Jan 16%Scpt 1,5 18% Aug 18 30% Jan 10 9% July'24 60 June 12% July "ifT'May 4% July 5 8 Oct 27 103 May May 8 35 May Jan 27 28 May 13% Jan 6 16% Aug 115 52% Jan 39 64 Jan 8% May 54% May 101 June 3% May 28 Aug Highest THE COMMERCIAL & FINANCIAL CHRONICLE 1614 Tuesday, December 23, 1941 U NEW YORK BOND RECORD NEW YORK STOCK RECORD Friday LOW AND HIGH SALE PRICES ... V STOCKS Monday 18 Dec. Tuesday Dec. Saturday t Dec. 15 Wednesday Dec. 16 Dec. • 18 Range for Previous .... Year 1910 On Basis of 100-Sfcare Lots »; .. Lowed Lowest Highest % per share '4 %f *>4 2 19 $ per share ,'i li® 3 h 19% 2% 3 '1 11; .17% 234 % % *1% 2 18% 18% 278 " 3 % »j® .A *1% 18% 2 19% . 278 3 Shares $ per share $ per shdre % li* 18% 17« 1938 19)8 234 3 *n 2"r J4 *1% 19 *1% $ pet share 4,100 % .* 1% ■„ 300 6,000 18 3 13,400 j >: .. 9 per Share Par ( per share I per share S per share %June20 5% preferred:;:.100 Hud Bay Min & Sin LtdATi par 1% Dec 9 1534May 26 2178 Sept 11 2% Dec 10 47g Jan 13 1 Hudson Motor Car Na pat , 3% Jan 1% 7% l; Dec 2% Maj 12 Maj % Jan 22 Manhattan....100 Hudson & 6 Week Ended Dec, 19 . Feb Feb j*Chic & Alton RR %ef 3s —.1940 % % . 1 % % 3,600 % r JHupp Motor Car Corp.....l 74 Nov «4 Jan 5 Jan |: Feb j, Jan 1 33'« 25 I 6% *21 10% 6% *6% *22% 714 7% 47% 46%, 4s registered. ; i . *li# i 43)- 43'-* 1 2u 101* 11 14» 2); ! ■ 10'8 23^ 24 >127 128 r ' 13g *11® 441® 44% 4414 13% 55*4 *1% *40% 46 46 46 *43% 441 . •> 46 % 1 *153 7 ' ,< Feb 13 20 34 May 27 8&1® Dec 12 ...No par 6% preferred..... —:100 151 63 t Sept'23 Dec 11 8% Dee 10 Inspiration Cons Copper.-.20 Insuranshares Ctfs InC ——1 6 No pur ;....100 107 InterchemIcal Corp ! 6% preferred.. 10% Aug 24 4 1 Aug 5% Maj , 12 45%May 22 4«4 Aug 2 21% Jim 27 72. tMay 13% Jan 6 118 'Jan Maj 140 158 66)2 Maj 9 97 88M A 64 H 03M 64H 62 63% 80 F A 70 M 701 71 60 70 88 7 J 7% Ma> 4% Jun« ,21% Am 7)5 Sept 11 27 Sept 18 113% Jan '28 18 Dec 13 : J I ;{ *lst Internat'l; Harvester.J.No Dee 10 11% Jan 6% Ma< 2 167% Jan 10 57 July 22 136 150 Preferred—i. 100 170- 145 Maj June 10 Jan 6 1 hi . 1078 1% 43% 6,800 32 10% 10% 10% 11,300 Int Hydro-Elec Sys class * A.25 ;% Dec 16 Int Mercantile Marine. No par Internal Mln & Chem—Wo par 1 2% Jan 10 13% Nov 10 2% Jan 3 6% A>r2t Dec 19 !JChic Milwaukee ,& St Paul— .1 t *Gen 4s series A—.May 1 198!) J 1,200 1,000 1,900 Prior preferred. . .-i——100 Internat'l Mining Corp.....1 30% Apr 23 52,700 Int Nickel of Canada..Wo par 23 Dec 4——100 125 May - 200 •/ ■, 16,700 5,800 200 1 30 800 Preferred Jnter Paper Co.——15 5% conv preferred.^....100 Inter Rya of Cent Am..Wo par 5% preferred* 100 Jan 16 4 July 26 X2% Dee 18 4:19 J J J J 38 *Gen 4%s series F.May 1 1989 'tChie Mllw St Paid & Pac RR— ♦Mtge g 5s series A—. 1975 J J .Dec Jan 13 109 131 9 20 Sept 18 7378june 10 1% Apr 16 2%Sept 12 51% Dec - 32%May 23 49 *271* 28 39 *38" 397* 100 100 134 93g *03i2 9 94 30 *28 131 *131 -•- *131 *35 ♦93% 99 8% ,18% X27 2734 *131 > 2,100 27 3734 *97% 107 *97% 107 13* , 1% 17* 178 8% -8% *131 . 27 3778 *43% 99 *8% v 8% *207* '28% 1% 1*4 9 9% 93% 931 *8%. 81* 28% 29% *81.1;. 81* 2934 2!>3.| 8 *7*4 27% *35 38% *97% 107 1% 1% 1% 1% xS'8 87» 1% 1% 93g 99 *27 27* 27% *35% *97% 107 Up 134 1*8 la. 1*4 9% • 2% Dec 44 .Dec .Jau A: i% 1% *138 8% 8% ia4 Shoe..2.No Inter national Silver. 300 J. 26 par — - _ 50 • 95 • 100 1,000 Jan 3 1% Dee 18 1% Dec 16 ■ 30 May 20 25% Feb 15 1% preferred.....i 100 87,300 Inter Telep & Tele?.—.W? par 3.500 ; Foreign share ctfai—Nt'par 1,400 Interstate Dept Stores.No par *93% 99 .>8%.v8V® *26 28% *131 -W'-w .... International 200 ... 5% Feb 19 Feb 24 .....100 87 Iatertype Corpv—1',i~No par Island Cifeek Coal—11..—..1 7 Preferred 1 \ a;27 Doc 18 124 1 $6 preferred Feb 14 Mar 21 2000 A O : 1 { t' ♦General 4s .> 1987 54s registered..: -i 1987 1. ,.;*Stpd 4s n p Fed Inc tax. 1987 50% Feb 39% *Gen 4%s stod Fed lne tax 1987 4Mb registered..-.. —.i.1987 MW j. .' *4)4sstamped.. v, .--1987 25 13% Maj 30 Nov 97% Jan 1»4 May 109 Dee ? Jan 19M ' 3%Sept 9 3% Sept 9 14 Sept 18 98 Sept 8 178 Maj 4% Maj 74%Jun» 5% May 20% May :9% Aug 20 3334 Aug 5 134% Aug 8 36% 122 Jan 434 4% il9M — 1»7M 22M * MW 26 Jan - 23 M D D 12 65 24 H 12 13M 13M I3M IM ,.1936 V/N Jan 23-V'j ' D 12M 12 M D 1 •- 91 54 45 338 40 M 10 V17IM--J8M 98 38M 33 Dec I 130 Deo ;17M ittCblc R I A Pac Ey gen 4s.. 1988 8 n • 21 4s registeredI1988 > ♦Certificates of deposit...— . AO / {*Sectired 414s series A.... 1952 MS i :? *Con v 414s.. g „ . 16M IBM 19 ♦15 M {♦Refuutling gold 4s.— ....1934 V 16 M ...» 4s ctfs registered.....—1988 • -> 19 M 20M "26 M Dec < June "23:* MW *Conv 4%s series,A.—.1949 MW {♦Chicago Railways 1st 5s atpd ( Aug 1940 25% part pd-1927 F A Jan lO^ 92% . i 20H : ♦M) I Oet 3 » 101: " 20 19 . M W ♦1st & ref g 5s—it*-1 May 1 2037 J ♦1st & ref 414s stpd May 1 2037 J *lst «fe ref 414s C-May 1 2037 J 31% Jan 30 Maj 2 1H viM 1070 Dec 49 Oet 30 40 9M 1416 7%. MW *Gen Ss stpd Fed inc tax..1987 MW ' 5% ■ Jan , 2678 Maj «4 MW . s ., ■.'* f 5s——.Jan i A 40 39 39)4 37 M 1' dChtcago & North Western Ryj *Gcneralg3!4s—4——..1987 MW i 19 t /.314s registered-.-.:—...1987 MW Am •7 1 »4 Maj 37 Juui Oct 24 F 37 H ; ' 169 34M ell 39% ,137 35 M 8 ' — — -.- 5%. Jan |4u 21% May 10% Maj Apr 40% Maj i ,73 48% Oct IS 38% Feb 21 ":• 1 2: ~ 38 H 33M 38 , Jan 62 I 35 H 38 387g Jau June .Jau Jum .133 >8 J > 37 J Jan 6M • li J B.May 1 6)i !'. 62 J 1989 ser. 34 30 % 0 *Gen 4)4s series C-May 1 1989 *Gen 414s series sE.May 'l 1989 3>4a 29M (» 6 .1 ! *Gen 191% Mar May j.,. 18% May 31; Max : 31% Sept 11 8 1078 Feb 19 Wo par International Salt 49 1 6 v J J g '' . - *20 J i-r.-fv. KN 1 173 ',1 y *22 M x- Mar 62% 1% Dei 5i4 Ma' T J A... 1966 series 23M 121 03 36 *24 5% Nov Maj ! gen J Apr I,: 12% jun' 38 5s | *lst & gen 6s ser B..May 1966 I Chic Ind & Sou 50-year 4s. .1956 ./ (113 2% Ju'y i;, 14Q May 1 42% Dec 10 par & ■ • 35'4 • i ' « Interlake.Iron.......INo par Int Business Machines-No par 35 M J ♦Refunding g 5s series B...^1947 *Refundtng 4s series C——"il947 120 01M 62 J J 22 M 23 M 121 . 7% Nov 47% Mar > Jun> 91 *Gen inc mtge 4J4s—2038 t*Chic Ind & Loulsv ref 63.41947 "Apr 1578 ., 90)4 -v. ... Nov • 94 ;J j . j 86% 100% 73M tChlcago & Erie 1st gold 5s.>—1982 v/N 'Chicago Gt West 1st 4s ser A.1988 I J Apr 1 Jan "34 89 M .. 93 M 90 *Gcn mtgc Inc (conv).^...i 1997 | 6% Jan ,23 Nov : 80% 18% 94 M 88 85 , High 83 ^'70 1971 Apr 934 16% Maj ,•>'29 - Jan 10 90% J*n , 6' Maj Jan 43% Dei Dec 2'4 111% Jan 22 161 . 37 74% 1st & ref 5s series A >24% .Ja» Jun( 20 9% July 21 2978 July '28 13% „ Maj 31 Feb 25 rl9% Apr }6 July ~ 3% Feb 17 Intercont'l Rubber...LNj par 300 159 . 28 178 94 V 6% 150% 4578 Dec 10 5 Inland Steel Co.....—iVo par 100 . 3St4 99% • 1^8 ( 14 561; I34 u 271* >31 99% " * 45% 160 300 4,100 13,200 1,200 22,300 2% Dec 18 14 Rayon.'...y.No par ... 4% Dec 10 11 % Dec 9 32% Dec 17 341 73M 1st & ref 4)4»«eric8 B-....il977 {♦Secured 614s—.... 27% 26*8 *36 f 61 21»4 10834 6% 150 . 8,900 7,200 101® 6% 634 658 60 5,400 67 :i 14 M 84 M ''74M if'p v •••• . j 13<s Inyersoll-Rand.. . ... 1 1 1% 1%. 1% 43 43 43 *43% 44 21 2% 238 2% 2% 2% x2% 23 233s 237* 23% 23% 2334 2334 128,; *128 131 *128 130% 130% «128 13 14% 1334 13% 133s ,1334 12% 56 55 *54 56 55 53% 55% 1% 14, *b% 184 *1®8 : .13% 1% 43 44% *40% 44% 43 *40% 43% 47% 471; 43% 431 43% 43% *44 *128 14 55); 5534 1,700 ' *21% 150% 150% 4578 . 1.1s 1334 1 Industrial *100 63s *153 44 2% 23% 55)2 ■ •I 3.600 6% , 109 578 ar45 10 1(1% 1% 44 43); 2% 24 128 128 10% *1% I's Us 43); 258 23)4 24% 88% 10% 6% 21% 109 160 • Indianapolis P & L Co.No par Iudian ReflnlnsrL-10 390 8% 12 74 :. 1949 . Low Wo S3 ..... General4s.— .i—L:.. 1958 ♦Conv adj » % 't* 5i« 159 RR Sec etfs series A... 1000 1,400 65% 103s 6% 21% v 590 4,700 77S 88% 06% 10 46 45% 1607s 26078 ' 10*4 22 i 2% 1438 *158 65 6»4 6% 154 154 2434 88 109% 109%. i 578 6% ; 634 7% 150% 153, 7% 7% 153 24 ■ 4.6% preferred series A4—100 i Leased lines 4%........100 24% 7»8 Illinois Central RR Co—vlOO 1,700 7% 2% 9,500 13 3234 2% 14% . 14% . 73s 10% .r22 109 7 46% 45); 162)2 *160)» 161 >161 2% 68*1 10 10«4 67g 2'2% 109 73s 7U 153 5% 158-% *158 66 69% 10*8 634 7 *151*4 153 45)*» 46'4 14 7% '24% 88 158 69 z6% 8 7l2 G7s >. '25% 87% 87% *22U .23. 108i2 10S)2 109% 109% 2% 14% -- 5% 1258 3234 33 7% 24% 87% 538 5% 131; 33 2% 11% *156 10ts . 23ij „ 241® 69 6712 10% 6H 97g j 88)2 *156 67 06% 5% 13% 7% 7% 25 87 86 *156 5% 13% 33 12% !32% { 7) 7>2 25 85«4 14 14 7*4 23 ■ 5% 14 1334 32% 33 2% 2%' 14%. 14% 238 2*8 25; 14!). 7% , 14 33 ' 14 - 578 5% 1334 33 5% 5-* *3*4 33)8 258 S? 65 esq 84; J --£1949 j"j Illinois Division 4s •Chicago <4: Eastern 111 RR—® 1 •• 13M A' 0 — 1 % Maj 6 . High Low :Chlc Burl & Q—111 Dlv 3J%s 1949 J I 3 %Js registered .1..-1949 6% 27 ,Maj 3 Price sa, : ,y 14 1.1 Friday's Bid <fc Asked (Cent.) 2 «u Range or Sale - Highest Railroad & Indus. Cos. S per share Week's Last BONDS , N. Y. STOGK EXCHANGE , EXCHANGE Friday Dec. 19 Thursday 17 Range Since Jan. I . . ... NEW YORK STOCK 10' SM l.M i———.... I960 M N 1 . 804 II 10 10 132 • IM . 97 ' 6% 63* 6% 6% 7 6% 35)* 36 35 35)2 *34i.t 33 34% 34% 35% *35 109 107% 109 *107% 10) *1Q7% 108% *109% 10) . 109 55 52 53 5534 56 5534 55% 5S34 52% 54 124 *1221® ... *122% >; *122% *122% 124 1978 20% 197S 20% 1934 21% 193g '20 19% I9i® 6.1 w 62 *60'a*62 6234- 62«4 >80%-* 61% 60% 69% 70 71 *68 70 *67 70 71 72 *68)2 72 35 *10758 109 543., 56 35)2 *123 <* 62 8,400 9 9 8% 8% 8% 6,800 400 • . 4%% preferred...4.4100 108 Maoville." 5 1.100 122 Jan 44 Dec 11 10 Jan 52 Mar 9 2 111% Dee Ch 8t Feb 11 77% Jua> *->. 27% July 31 Income ; 67> Aug 23 51* 5% ; 5i2 5% 5% 538 5% 120 ; lis *118% 120 *118% 119% 118% 118% *3"> 3 3% 3% 3% 3% , 3% ;• ■ 3% >16 16 18 1734 *16 1734 1434 1434 514 5 . 1*118 3'2 • *16 i > *901" 102 ) .105 34 Us *27 ] ■ 12% 26 26 2 2 30 24% 25 25 ;■ 261* 263. 271* 21% 4% 102 *90 102 'DSC 10 121% Apr 18 18 Jail - 2 J0% 10% 3:060 4% <93 t . 95 Keith-Albee-Oroheum pf.. 100 " *25 2% 1,500 4% 12% 107% *103, 107% 3434 35% 34%. 35 v 12% 12% *12!% 13 26* 25 35 > r 2 *1% 32 4% 934 Dec 19 Kelsey Hayes Wh'l conv cl A. 1 • 9 Jan 27 9 10 32 32% 2278 3% 26 .251®. *184 .25% 2 *134 31% 17« 32, 32% 2'234 ' 1,500 1,000 300 • B. 121 v Mar 7% . 93 M 90 32M 37M Kimberly-Clark— — . {♦Choctaw Ok A Gulf con 5s.1952 1 Apr 'Cln.Un Term 1st gu 3J4s D..1971 Jai 109 Apr 1st mtge gu 3%s ser E—...1969 .Clearfield A Mali 1st gu 5s.—.1943 9 7,200 7f 358 *3% 3% 100 Kresre Dent Stores...— I 26 28 26 26% 25% 2534 2.700 28% 27% 27% 26% 277* :: 26% 27 2.800 ,22% ® }: , 20 20 12 > 69), 20 26 *243,i 27% 12% 1138 1134 ; 11 % *0 10% 16% 1678 23% *23.% 11% 1934 223s 22 223s 4% = 69 r 693*: 1938 U34., >34 *111® 19% 21?* 47S 60 >s' ♦95 Co...—W? par Kroger Grocery & Bak. Wo par Cln Chic A St Louis Ry— General g4s»>:—.-.1993 J D General 5s series B—::.--1993 J 1) I Ref & tmpt 4)4» series J J Maj 3878 Jan 15% Nov i Cln Wab A M Dlv 1st 4s_:_ 1991 J J Maj .46% Apr | St L Dlv 1st coll tr g 48;. 1990 Maj 234 31% Jau •Cleveland Elec Ilium 3a-— —1970 J 3% July 25 40% July 29 3 Feb 15 Xl2% Mar Kress (S H) & 1934 4% 33% 175% 179% *178% 1791 19% 1734 1734 *1778 418 19% .' 1,300 10 4,800 7,900 2,900 9,600 12 600 19»4 600 18,700 8,600 20's 2178 4% 434 34% 67 67% 3,000 67% 6S38 12,000 178% 179 *18 19% 331.1 ,400 68 6834 179% 19% *18 "I'.ioo *33 434 „ 19% I^iclede Gas Lt Co St Louis 100 60 3,800 19% 21%. 21% 33 67 68% 68% 68 68% 69')* *179 179 179 70 8% 19% ,2Q% 20 33 13 13i« - 8% 12 *1934 21% 4% 478 33% 69% *33 13 34 778 20% 12 12 i 8 11978 1934 11% 2078 20% . 7, r,l« V 7% . 6934 >17534 1791 ; 18 1734 78 197S *11.9% 20% > ' 8% 43.1 43g, 434 33% 323., >33 69); 69% 4i934 69% 70 70": {■" 27% :il7g % 22 2214 4*8 323., *2534 12% 8 8% 11% *20% • 20); *19% 22 ; 10 *s 9 *1 ; 20 12 I *8 9% 2534 12% 253.1 12 34 8% J . 24 10 26% Sopt 17 ; 105 Maj 300 5% preferred — .> . — 100 (The)....W^ par Lane Bryant —.No i*ar Lambert Co Lee Rubber & Tire—i——-■-! Cemcnt-:._25 4% conv preferred.——.100 JLehlgh Valley RR_>i.4>--50 Lehigh Portland Lehigh Valley Coal. .4.No par 6% conv preferred.:...—60 51,1 Feb 14 17% Jan 17% Sept • Jan Feb % Feb 13 2% Fob 14 3 <4, Maj 16% Maj 15% Maj 8 4 5% Aug 18 2634 Oct 116% Jan ' : 2% July'25 f % Dei 2 19% Dec 19 11% Dee 10 >14% Nov 18 19% Dec 18 Llbbey Owe is Fcrd Gl.Wo par Libby McNeill & Libby...-7 Life Savers Corp... —-5 207S Dee 19 !27%Serrt 15 45% Jan 9 7% Jan 23 378 Dee 10 6 ;87 Maj 2 "87 Maj June 16 189 Jan 3 169 Lily Tulip Cup Corp.|.No par f 17% Dec 12 21 June 25 -16 1. i Preferre d. . -—. 100 174 Maj 0 *102>> 0 t j *32 321.- . 153 23%t 231; [ 351* 36 >105 107 ! I : 10 978 15)* i 23% 231 3D* 32-s 10 ,10 15 15% 23% 23* 23). 227g 385 381.1 2), '2%. ! *16% 16*. 14% 14% >146 150 16 161 63% 637, 35% • 3338 17« 34% 31% 10 10 15% 15* 23 23% 2134 2234 36% 37 35% 105% •39% 3678 *1051® 107 4()3j 34% *2 2% 18% 1634 1334 14% 146 146% *18% 17% 2% 1334 13% .t 16% 1334 10% "18" 64 146 16% 64 63% . 21t •16 .16% 13% 13% ■ 146 1578 16 63 • 65 Li 19,600 Lockheed Aircraft 35 10,500 ,34!% 300 4.Wo par Lion OH Refi ungCo.—No par iuidCarbonleCorp..No iwr CorpL.l.ll xWi Dec 10 xVd May 8 9% Dec 13 9 Apr 26 37% Jan 14 27 . O *105 ■J 9 Mai ::iu% i 76 O 79 L ® 57 57M Loews luc—————-Wo par '28 39 tg S *■-:- '-80-.: $0.50 preferred—."— .No par 105 39% 5,100 Lone Star Cement Corp No par 1,900 Long Bell Lumber A...No l>ar 16% 1634 13 13% 2,100 15,300 May 22 : June 4 35 2% Loose-Wiles Biscuit;...—..25 Apr 21 178 Dec 10 1334 Jan 30 80 (P) Co —10 7% preferred..-i....1.100 13 De? 19 14534 Dae 10 2,600 Louisville Gas & El A—Wo ««r Ifi78 Dee 18 2,100 Louisville & Nashville....100 60 Lorillard Feb 18 110 July '24 • Anr Apr Debenture 1 .}. Debenture 5s::.i..Apr * . 2 -May 13 M l-> • r 100 101 J J 100M 100% 101 H 108:': >08 M 5C>1061 ."•'i ♦Commercial Mack ay Corp-r~ income deb w w....Apr.l 1969 May y 'GOrnmoDwealth Edison Apr 14% 13% JUQ1 17'4 Dei 162 Jan 2 22 Sept 4 I:1968 '26 • 6 V . . J 1) i- '•*',/-•_ ■/-«• 'T-'-"' J 3)4s debentures. Apr .. ..vSMs, debentures. 3Ms debentures.... 38 "Maj 138% May — 137 *133 ) 31% , 20%. 31% 20 20 "13%* 137 3V *6 23 3% 6% *1 1% 3% *578 *12% 20 *133 137 321® 33'% 20% I334 11% 24 334 3*8 Dec 10 --100 133 May 15 0% preferred—---- 31% Jan 21 138 — .1958 J Jan f 23% Apr 21 34 % 19 Dec 18 29% Sdpt 24 21% of Upper Wucrtembcrg 7s_1956 / ,/ conv deb 3Ms. —J-1951 {♦Consol Ry non-conv deb "4s>1954 J *Debonture 4s%............1956 J fConsol Oil Nov 13% 24 600 11 Feb 17 1478 Aug 4,200 3 13% 22% 3% 3% 3,203 n 3% 6% 6% 0)® *12% 13% *0% *12% 3% 1 1 31 6 13% 1 1 *5% 13% 1 . j 13% 1 403 Mandel 600 Manhatta 1,000 Bras.^.a.-i-Wn par 1 Shirt..........25 19% Dee 17 31 July 28 4% Dec 4 3 34 Jan 14 136% May 12% Jail : 4 1 DsMay 20 ' 3 3% 4% 4.% 4% 1278 13 13 23 23% 5 23% 434 5 25% 22% 26 22i* 22% 251* 26% 25% 25% • 180 3 4% 13% 23% 13% 23% 5 5% 25% 22% 26% ISO For footnotes see 2534 *21% 26 * , page 3 3% 5 Xl2 4 % 25% ♦21% 26 * 3 4 13% 23% 4 26% 278 41® 1234 23% 1618. 3% 22% 13% 23'* 5% 26% 181) , 2178 4% 4'8 25 23'® 20% 180 ■ 26 *22%, 257s 278 4% f 4% 12% 22% 22% 4% 26% 23% 26% *—.180 12% *4% 26% 3 4% 123* 2234 4?s 45,600 1,180 8,100 13,000 2,500 28% 3,900 23% 23% 26% 2034 *.>..180 4,403 500 Marine Midland Corp..——5 Market St Rv0% or pref—100 MarshallFiel 1 & Ca...Wo im Martin (3le i.n L> Co.. Marti l-Parry Corp. —-Wo Masoalte Corp .1 Par .1..N0 par Master Elec Co...... 1 Mathiesou Al.call Wlts.Wn oar 7% preferred.......... 100 27S Dec 18 3% Dee 10 11 Dee 9 5% Jan 14 8 11% Jan 17% Sefjt 9 x20% Dee-10 3% Dee 9 32% Sept 15 19 May 28 21% 1>3C 11 -28%' Jan 13 24%May 171 5 June 13 12% 28 3 r% 176 JatT'6 x, Apr » 4% Am 16% Jan 1 '2 May .(0 * 2's May 6% Mai 2 f J4 June Sept 17 Aug '7 JtUlr 5% Oct 13% Deo 10% Nov 47;% Apr, 14-% Apr 407*- Jau ' 32%" 100; .Jum -173% Power 104M 104M 10>4 •. ' conv- 2 %'s.i 1948 J 1950 f debs->955 Craae Co 2Ms s f debs.. —...; Apr D C- *Deposit receipts. • ; 100 10SM 108'% •108% Fur foot notos see page 9 100% .10 102 % 102 % 3o 100% (i 8 96 <lVl 22 n 1 28 M •27%- 20 M , 47 26 M 23% ■24%, 20 M 26 : _:.. 1619, 13 •A -100 % 94 M • ♦6s Series, B extended toi-1940 j u ♦Deji'osltreceipts:— f Curtis P abUHhlng Co 3s deb: 2.1965 AO 8 ;: 10'JM ' 100 M J 02 M L *7Ms series A extended to -1946 Y~i> •♦Deposit receipte-. 109 10!) D *Depeslt receipts.. 27 107% 107% 109 " 70 7 28M 15 26M 25M - "24 H ') •Yl2% 5 j ■ 107% AG J >CUba RU 1st 5s g.1952 j"j . , 25 78M'" 78% :♦CubaNor Ry 1st 5Ms—.....1942 J.P « 24 ► MJV .10) % 1st mtge-.3)4s— Oil 24 24 1st mtge 3Ms——.----1970 MW '1st.mtge*3)48-'-li—"--"-'21066 MW- ^Crucible Steel 3Ms a i 22 M 24 J Co— tp Sept 15 21 107 ;'d ,, ' 8% May 26% Jun. 106% «! 3Ms>—--2.'1985 ■VN 3M»—n—.196/ MW Contliieatal 7%rMnr May 11% May % Mai 3% May Mar 38 1st mtge — ;,.i' .iV"' ; (1st mtge r- ■ ■ Consumers Apr >. 3 ■ Dec 1 >2 7% Aug 18 16% Sept 17 Maracaibo Oil Exploration.1 '%>.•? Jan • 31" 21 % Maj 8 1 % Feb 534 Jan 12% Anr 17 35 31% ' Magma Capper.......—.10 Maaati Sugar C01——1 107. J 8% Jun 6 HUM • 104M. 10 »M 103M. HUM J May 17 102M 103 M 105 D .:.1956 J 20% Maj Nov 24 10SM *10734 J. ^(♦Consolidated Hydro-Elec Works '65 2534 May 128 » Sepi Jan 21 Mac*Trucks luc.l.i—'V> Par M:icy (R H) Co Inc...Wo par Madison Sq Garden—.Wo. par 1334 1% 19 9,200 6-'% 1 Mac Andrews & Forbes.——10 8,300 *12% 1 1,300 1934 6% 1 19% *131% 137 33 13% . 19% 32% 19% 33 23 3% 20 *131% 137 313.1 321® 19 193S 13% 13% 13% 22 23% 23% 19% *13% 23% 1978 21 Apr ♦Debenture 4s >2:1:'2:1- 20 31 % 20 23% *13 13 13 137 20 14 20 231- 231* *133 191® 32% 20% 31% 137g *13 191® 20% ■ f> i 108'" 108 Consolidation Coal s f 5s......1960 J 21 " J O Dec M 20% ■ H18.M 107M A .1956 A 25% ■ >. :■'•*/, 287 109 M -109M 109M —1940 A O ..2-1948 AO .. 3 )4s debentures>. Jail L - *: L 1st A ref 4)4s.l951 J stamped guar 4)4s1951 •Conn Rlv Pows f 3>4s A._.l_:1901 F iConsol Edison of New York Conn Ry A 4%' Apr 18% Jan v> ".' V. M - 32 *16 v 24 . - ■< 163% 15% May 74% Nov ' V', V .*■ Apr 18% Mar 52 Co— Dec 41 - ♦iiol-'liL;: 1st ext 4s.. 1955 V A Tol > 83 12 ico % •(Columbus.A H V 1st ext g 4s. 1948 A 0 iColuinbus A Sou Ohio El 3)48 1970 M S (Columbus A 191 15 !)0%,TOOM 100 M Conv delw 3)4s. — —-—.1958. J J "Conn A Pasump Rlv 1st 4s::l943 A 0 ■IV - 13 81M O ;f- rlst mtge 3)48 series 109% Maj 29> Junt >46% 3% Jan 3 19 Sept 18 19% Jan 15 110 . 104 1952 A 15 Dec 97 45% July 28 40 *103 % A ♦Colo A South 4V4s series Ai:1980 M N iColumbia G A E deb 5s.May>952 V/N 22% Juij r-417*. Apr ■ 37'* Mar 20% Maj Oet 31 8 26 60 M v. D Apr v; 70 66 82 M 67 M 79 60 188% Maj 107M . 93 M 93 G -2 24% 21% "22% 25.. 2i •7 . 1 23M *20M •-*• 109 108% 107% 107% *105 7(1 103)4 109 108 O i; 23% Maj 13% July 30 16% Jan 8 4 31%Sept 39 *,-.•- 146 157s 16 64*8 64% Jail .. 100 Apr t8% Maj {' 30% '30 191® Apr 21 2 39 Q 3834 2% 146 16% 63% ? *105% 106% *105% 107 ■ Link Belt Ca^ 22!% •934 22% 35 1,800 3,200 3,800 14% 30% 1434 x-U 2% 10% 13% 16% 43* 2134 401® 13% 148 63)4 105% ■ 2 30% 1038 -97S 39 Lima T'Odomotlve Wks.Wo par 22 22 3()i 2 33% 10 157« 2,100 2278 31 10% 1434 22% 21% 10 39 63% 22 121% 15% 37 '105% 107 23 22% 34% 1 *101".; 7 ! 25 M <*5s income mtge..1970 A O ■&, 45 / Apr; .109,. 109% ";JUI1 . 106% 41 105M Jan 9% *. 3 300 "4. irt Jap ■ •« Jan — Dec. ■. Maj 'Jan Nov 26 Dec 1% • Maj 98 :-65 iCleve Short Line 1st gu 4J4s.l961 >CIeve Union Term gu 5V48...1972 A r Jsts f 5sseries B guar... 11.1973 A I' 1sts f'4)4sseriesC_. 1977 A [CoM River Ry 1st gu 48—.;.. 1945J 'Colo Fuel A Iron gen s t 5s.:l943 V If* 4% Nov 5 96% .25 SeriesB.*.-l>>----—-U..25, i.' A Jan 25 >33 64% Nov 27 Liggett & Myers Tobacco. 35% ,f. 44 70 (4 14 70 H 105 M 41M J Hericr; A 4!%s guar.—1942 J J ; Series C 3>4h guar.... ;.1948 MW Scries D 3V4» guar..—..—.1950 FA < Gen 4 )4« series A: —1977 F A 7 Gen A ref 4>4s series B....1981 J J Jan US7* - Jairl8 39 Maj 246 44 54 | 7% Nov 15% Alaj ). 2478 Nov 14 Feb 9% Maj ; Jan 18% Maj %■ 29 30 Jun 53% Jan 24% Sopt 16 32%Nov 13* Maj .• 87 41 M" Jan 16% ; 14 73% *80 MW Gen 4/4s series B>—J942 A Series-B 3J4s guar...-i.li'-l942 A 1. 21%Sept .■ IOO%Jun 1434 Sept (The).;......l I^hn & Fink Prod Carp;..-P.5 Lerner Stores Corpi.-l.Wo par Lehman Corp 9% 117* L)cM 2734 Juiy 22 16% Dec 17 19% Anr 12 i 73 73 •42 M iCIeveland A Pittsburgh RR— :Feb 29% Jan 34% Apr •>' 8% M l) 14% Sept 15 Aug 13 3 107% Dee 12 >4 Jan 2 Maj 45% July 15 2 11% Dec 19 7 4 5 E—1977 Apr 4 Maj 22% Aug 23% Maj 297g Jan 10 . 20 May 2 6% Sept 13 •28% Aug 30 112 M 'Cleve 23% Feb 15 21 % Dec; 9 27g Feb 15 Kresge (S S) Co..10 *3 2234 *3% 23. 3% *9 ,10 *9 10% 10% 10% 19 20 | *17% ; 16% 07% *16% 16% 181 2334 24 1 23% 2334 23-% 233, 2338 23% *109 113 *109 113 113 *109 10334 103'% *109 113 2% 2% 2% 2% 2 >8 23S 2% 2% 2%, 2% 8). 112 J 1 158 Dec 13 S-5 prior preferred...No par 2534 227« *884 2534 *9 ,25. A Apr 11% Dec 10 Dec 18 27i% 1% 17% 19% 108-.108 F Dec 07* 24% May t, ♦1020;s :-Vi 108 V/N 187* Nov 8% Maj 3934 July 22 ,14% July 30 38 Jan 10 - 16M 108 108 1st mtge 3H»-—:.-- — ®---l967 / D .Cln Let) A Nor 1st con gu 4s. 1942 MW' { 434 Maj 106 16M ; ' 2584 M N . Jan 95 32 M ..y:..••■.■■"." ' Cincinnati Gas A Elec 3)4$—1960 F A De« 7 "'87% Jam 25 ..No par Co...>-----11 27%' '271; Xll«4 Indiana con 4s. 1952 J Dec Maj 4 "30% Dec .10 Keystone Steel & W Co.No par Kinney (G R) 108 J01 94 West 104% 15); 92 Aug 8% Jan 4% Dec 10 98% Feb 21 440 3'23,t i' 223* 45,200 107M 100% J 93 Apr Maj I. 20% Nov May t 15% Jan 11 22»4 Aug 2 jl434 Aug 13 104% Mar 26 11 A..No im Kennecott Copper.. i.i.No par >Class Kendall Co $5 pt pf 107% *103 34% ■12% 26* ' *3 25% 9 i 6% 97* Jun 117% Maj 3% Maj ; . r.... f 121% Mar 12 0-; Aug Kan City P & 25% 3U 314 101% 6% 6% xlO 12% 4% 12% 10 *100 *90 I. pf ser B No par a:llB%June 12 i 1,700 2% Dec 10 Kansas City Southern. Wo par 200 1434 Dec 18 i 4% preferred...1 .lii 100 , 900 10 Dec 10 Kaufmann l)ept Stores.."...1 300 Mar 19 J 5% conv preferred———100 100 1,600 Kayser (J) & Co.— l 6% Dec 10 ...5 Kalamazoo Stove & " •1Q'« 6)2 102 *90 35% 1234 *1% 31% 22% 23 *3)8' 22) 33. 22 \ ; 26 32 }■ 10 107 M J J A ; *12% 12I2 20) • ♦100J 101 6% 6% 5 3434 1" 30 2«% 101% , 107% *103 3US 12 12 1 J 6! *4% iff 34 10% 10% *100 *393.i 102 1234 12% 1071* *103 ;'103 3338 I 41® 4' 4'2 >103 10% 100 6% 12 31 12%. 12: 12 } 10% 100 67s *612 *893, 102 6"' *0l2 10 Is 100 100 100 Furo—.tO 1'2% Jan 1(! 50 48 * ; Sept 17 6% Dec 12 .. 63 48 1960 M S 1 47 63 1st & ref M 414 s scries D—1962 M S Ohilds Co deb 5s————1943 A O '• 16 *15% *9% ■ 10's 10 100 - • ... IS I *10'8 ! 3 2,900 53* 118% U8% •3 3% ' I i 5% guar > *•?"r1: ,'•' '• 'Chicago Uniou Station— , «'•: 1st mtge 3%"s series E..—1963 J i 1st mtge 3)4s series F———1963 J K 514 6s....Deo j Chic ■ 71 *>... . 80% July 31 14 70 70 D Gold 3148..:-. ——-..1951 J D Memphis l)iv 1st g 4s......1951 J D '.Chic T H A Ho'eistern 1st 5s.I960 J D Jan Jan 132 122% Maj OJt17 16% Dec 10 59 r —1 New Orleans 5s.. 1951 J L A i - *4 !7178Sept 18 128 Nov 17 34*4 Maj Jan 16 Maj 7 64% Dec 10 8% Dec 10 •5%-pref series A..f.i_. 100 5% pref series B conv—100 Joy Mfg Co.— 14 Dec 5d % Dec 4-Wo par Preferred—100 Jones & Lau tlilLn Steel.Wo par 800 8% 8% 8% 32 Johns . 934 No par Jewel Tea Co Ine i ... *9 6 9 Anr 23 (W B> Co.——1 Jarvls 200 •t " . 68 63 500 • 18 18*4 ; 2,000 77S ... — | *60 *7 7)4 71.1 7 *7 94 M 36 THE COMMERCIAL & FINANCIAL CHRONICLE Number- 4023; ,V olume 154 NEW YORK STOCK RECORD NEW YORK BOND RECORD Friday ' ,. Week's . r fe.2 Last § fe Week Ended Dee; 19 Range Range or a FHiay's: Sal<\ Bid Price Asked A 2 High Low N r. Low l«4 *1614 -. L.1970 J J * ..1985 J 1) ..1943 MN -.1971 J ■IV" 110 11 33 I J »• S J 10- S3 1 11 9% * 1534 *6'4 5% *-—• "84% Ill 111% 110)4 101% 109^ 109% 104% 105% *3H *71 614 74 ; *57 6) 102% 107% 18 M N a a 96 A j p. j 107H ♦14 15- 107 106 ,,28 6% 15 - 30 4% 23 23 21% 21% *26% 28 5% 16% 21 <* " : '■ East Ry " ■■ *55t2 i, Minn NopDlv 1st 1948 4s.. 3 He Paso & 8 W 1st 5s... Elgin Jollet A East Ry o 5s stamped.. -. i. - 1970 W 8 - -. 1965 A *108 108 ' 100 99% 105 ....ti 55, 55 '55,:-' 102% 55 J / / J ./ 65 4 O 1963 1 O 1953 ♦&Ref A Impt 5s of 1927 - "06"" 1995 / J inc 4 Ms ser Awi. 2015 J ♦Erie & J arsey 1st s f 6s—- 1956 J ♦Genessee River 1st»16s. -.. 1957 J J lstoonsM^sserB w i._.... J Gen mtge ♦N Y A Erie RR ext ♦3s mtge AM»— Ohio Div 1st mtge 1st 4s... 1947 97% - L 25% 103% 'f 52 189 215 87%, 328 53 250 59% 97 % J 121 *104 16%. v 17 89 ,'■■' 2Mb—- 1971 *109 108 4s - -.. 3s deb., t♦[•'!» Cent A Peuitla 5*...—. } Florida East Oast 1st 4Mn.. ♦1st & ref 5* series A. ♦Certificates of deposit.. tFouda Jolit^ & Glover RRi §♦ 2-4s (Proof of claim) . . 4' »4% 38% -37 / -1961 V/N D 1943 / 96 V* 107 98 D .1974 M 81 60 8%- 43 7s MN 75 11% 10% 7% 6% 2 1%. 17 16% 3% 3% 5% 5% *7% 15% 7% ■ 15% 168% ♦161 1% 1% 2 71)4 71M 1% *75 3 39 72% 23% 23 14 14 11% 39 4% 25 , ■ 3%t •34% 35% 34 " W 2% 56% 57 106 : 1,500 5,200 4% 61 - 25 165 - 1stextOs... 1934 j 8 33 *33 101% 103% 171 9% 95(4 83 84% lorn 101% 107 69 " 87% 95 100% t 1946|il/ 8 78 78 1942]J D 100 100 1947 J -.... t, 95 A >•". 2 100)4 93 H 1973 j. 99% 93% 1 6.8% '*■' (50% "2% 8% *7.% 82% 84 50 96 96- 97% 82% 95% 94% 105% Ml J J 75 !4 140' 93%; 75 95% 91% 94 • 1st 5 X* B..: .1950 series C. .1950 Ohio 4s ser B. .1975 .2015 ♦Gen intge Inc 5s ser A — — Gulf A Ship island 11R-.1952 lst A ref Term M 5s stpd.. .1961 Gulf States Steel s i 4^s .1969 Gulf States Otil 3^sser D.. 1st mtge 6s *63; '■» 8% AO A -2% '8% 7% J J J h i/N 8% 87' 93 V. 86 79 90 65% 60 *11% 6,200 1,000 6I6 .,i- 1% 13 90 89 1»6 *112 3,900 90% - 22% 5%, 11% 22% 23% 55 11% 67% ? 11% 23% 1% "2 52% 5212 2% . 6% 11% 113 ; 46% . I08 : 19% 19% 36 47% -V3% -- 3% 1.7% 17% 4% 3 13% 13 13% Illinois BeMTelep . -" 12% 8 ■8% 13% 9% 2314 4®4 4% 12 1214 r ' 8 -Illinois Central RR—^ > — 7% ■ ; 13% 4% ? 4% 8% 8% 22% 23% ' 103% 103% .15% 4% 11 Maliawlt C iriiet Mills...^20 Mp isanto Chemical Co-...10 — 1951 ./ — 1st — 10.) 109 103 *106 69% 60 334 i *59% 63% 64% par 1037®Tune 6 24% Dec 18 35ij Dec 12 Montg Ward A Go-Inc.NO 1,370 Mirris & Essex 50 221® Dec 19 4,600 1,900 M;tor Products Corp..No par Motor Wheel Corp 5 1 5% DSC 10 3.030 2 3,303 Mueller Rjass, Co..1...—...1 Malh-is Mfg Co class B—...1 51 lll2 *11% 66 66 M S7 preferred.._t.i..No par .1 isHg wear I nc..... No par Marphy Cj (G C>.. 101 V 68 % 6(5 56 23 "V 4 33% 124 33% 8% * • 31)4 -- - 34% *115% *35)4 35)4 7% "v? H . 2% *8% 2% *7% 8 u% 11% 73' 11% *71% 11% *71% *33% 35% *33 35% *106 103 *106 27 233 142 lOlVi 101% 102 • 42 J 8% 26% 8% 7'% -. 57o pref scries A........ 100 40 88% ♦ *30 38 133 Collateral trust gold 4s.-. .;-1953 UN Refunding 5 i a»i;Viv -.1965 UN 35)4 .35% Louisv Di v & Term g 3,Hs Omaha Div 1st gold 3si D J — ...'1953 J *30 1951 .1 Div A Term g 3s. ASH ■ 184 10 *51 470 2.303 - J 1,500 Gold 3^8 3# registered...... — 1951 J J *. 40 4% *13 15% *42 i - 6it ' • *42 46 m % H' 6:1; 1116 7% 14 7% 12% 160% 160% 13 *13 4% 2,503 1819-. 17% May 45 , 54 June nec Deo Apr Jan 110 4% 2% May: May Apr 04% Dec 7% May 11%. No* 26 ; „•• *11 Dee 1% 9% May*79 Jan 4% 1% Dw Jan .19% Jan May Nom lift May 113% May 119 31% May 33% May, 56 Jan 45 Feb 110 July 122 ' 21%June 8% May: 5 6 4 12 13 15 21) 21 20 Oet 30% Feb 10. Apr 18% Apr 26% Jan 5%, Nov 56% Nov 15% Mar May, May 2% May May 8% Ma- 27 24 83 Ma< 56 Mar 97% Ma 111% Deo 4 Ma 8% No* 41 Feb 19 Jun National BLspult, CvV..i.A_.ll> 900 2,400 6,030 4%. 12 12% 7% preferred I. ,500 Nat Bend A Share Corp No par National Can Carp..—....10 12% Dec 18 Register.|.v.No 8% 4.400 13% 10,500 National tS/11 ider Gas.C)j..l Nit Dairy Products...No par 4% 2.300 Nat Dept Stores.......No par 8 *8% 700 24 23% IE 13% .3% 58% 9% 23% 13% 4 58% 3% 13 13% 4% 3% 591 59% 59% *58 II,100 900 10,500 610 60 64 *61 63% 38 2% '8% i; *8% 7% 7% 11% *11 73 *7L 33 32 106 33 f h* V lia 28 , 13 2934 434- 61 42% 55 297 33% 53 Apr 74% 50% " '14% 9% v.' ; "59% Nn-tional Lead Cp —.10 7% preferred A—----.-400 0% preferred B... 100 N it MallA StUCast C0N0 par (12% Dee 10 163%May 29 58% Dee 19 6 9 I 2 165 11 Jan 15 13% Sept 24 8 Sept 2 40% Sept 2 25% Sept IS 20% Sept 17 8% Jan 13 93% Jan40 9 15%, ""9% 6 Ma 11% Jun 3 17 66 Jan rlftO 154 Jan 132 24 Jily Fib 19 36 Dee 42 4 : pref erred...;... 40 Dee 10 . 7% Mar 20 68(3 Jan " Jun'i 48" 7% 26% Oct Apr 15% Jan 12% Jan 90 Jan 22% Apr Deo Ma»? 176 153% Dec 13% Mav ff28% Det 5% May 8 16% Nov : Jan 16% Jan 13% Mar 18% Ap* 7% Nov Jun May 4% May 7% July Dei 8% Feb 19 141 Fib 10 43 Feb 14 Jun 7V4 Jun 512 Man 15 Nattana] Steel Ccrp.......25 Ma 5% Ma» Dec 20% Ma 1/6 ; 2% Dee 18 16% Apr '2, Jau 21 170 Or 14% Mav 19% Sept 8% Brpt Sepf 10 Jun Jun Jau 23 V D"c 16% De 26 No par NatlpnalSupply (The) Pa.. 10 S2 Jan Sept 17'2 Jan 15 9% Anr 28 14% July 31 22% 7% Jun 9 11 18% Jm 1/5% Jan 7%- Feb Jun f>*H" Jill i NPVIS Dei 17 138 N itlaaal Oil Products Cc.. .4 N itional Pnw A Lt II 13% Ja 2 8 100 ... ' 170 conv s Mav ■:'. £ M% prior preferred.. .1(33 v 6% pricr preferred.... .100 2% 8% 3,900 N itto nal Tea Co......No par 900 903 ¥■2' Natamis CP-..'..-... .No pat Nelll C jrp._... .L...No par 14% 800 Nels.ier Bros Inc 73 210 32% 900 1-30 4?4% ennv serial pref...100 Newberry Co (J J)._..NVo iwr 5% pref series A. 100 103 ! ■ 1 26% 5.900 8% 5,900 N'port News Ship A Or D ick 1 $5 ennv preferred No par N Y Air Brake..;. .No, par 105 Newport Industries...... ^. 1 6.300 10% Die 10 63%J 32 Newmo.it Mining Cnrp....10 7% 27% 8% 9 Dec 8% Dee 10 0% Die 10 1 y 25 Dec 19 N iv 10 '22% Apr 28 5% Apr 23 68 27 Jau 38% Sept 8% Jan 73% Jan 9% Jau 14% May 26% Mav 48 34 Sept 75'2 Sept Aut 49% Nov Jan 8% Apr 10% Apr 10% June 25% Mar 3% Feb 6 11% Oet 2 7 (4 May 18 July 21 8 % Oci 14 May 72 July 5 9% Apr 17 79% Dee 6 45% Jan 16 110 Jan 1/ 31% Jan 11% Aug 8 7 36 May 100 Junn . Nav 91 Apr 53% Apr 110 Jau 2012 July 30% Dec 0% May 14%, Feb 223 10 OI4 *1% 4% 13 9% 9% 5% *4% 5% 13 4 5 *12 * 9 13 100 2,700 61,703 1,903 5,030 3,800 ,300 303 *42 : 46 6.« % % % % %« 27% 28% % % hi 8,803 % % % 5,100 %n lio %6 903 28% 21 5,303 %« *'l« ' li6 29 27% 28% *20% 28J2 "* 183 H% *95 52 *23% nV - 51% ' -'x'rr'jA.n *31 -.! 1 *31 36 , 4% - 603 4,003 59 51,100 503 1,103 29% 24 •9% *8% 9 *1% 8%, 17% 8% .8% 17-2 8% 17% 2-34 2% 2% 25 Cjrp..No 9 par Dick;——.No.par 5% ivreferred.No pat 50 : 1% JN Y Ontario A Wes;ern._l00 N Y -Ihipbldg Cnrp partstk-.l Noblltt-Sparks Indus Inc..-.5 Norfolk A We item Ry.... 100 Adjust 4% preferred—100 North American, Co. 10 6% n.*eterred jeries ..—..50 5H preferred series..—.50 23,603 100 Nnrtnem Pacific Ry......100 2,800 Northweit Air Li ies— .Net par De; 19 4% May 4 6 AirL 0 4 23 12 3 183, Dee 12 215 109 Feb 25 119% 17% 53'% 57 (8 10% Dee 10 9d July 2 i "MOO ...^ 40 8% 2,303 8% 8% 17% 2% ,'v 2% 58 58% 4 *3% 1L% 11% *1-43% 17% 2% 24,000 1,833 4,993 Nor walk Tire A Rubber No oar < Preferre 1.. Norwich —.. 1- Dee 23 50 Pnarmacal Co..2.53 5 8 13 Apr 25 Dee 19 20% May 33% Mar 3%May 8 ' *3>2 • 8 .. 17% .'•■17'% 2% v2% 2% 60% .00'g . 412 *61.; 8% 18' 8 >8 : 17%' 284 ::■■ 2t2 4% U84 • 60. 63 *61 6 J *3% 11% *142 61% 50% 39 41 44 5%: : - 49 -'*46 -i - 5% '53" *17% *20 '51% 42 47 47 • Jan Jan 39 Jan ,8V Apr 12% Apr 115% Mar Api 117% Aug 5 45 Jum 58% Nov Sept 18 323.i Jan 8 13% 20 175 0 105 Oet Jan 10 Jan 6 Jan 20 Sept 29 8% Aug 113% Not 1 6 De» % Oci 'u Dm Jan2fi 17% Jan 10 98 %« Jm May May May 14% May 47% May 47% May 15 May 84% Jum 4>2 May ->k 2 Jau Jan % Jan 31% Deo 35% Apr 226% May 117, Deo 23 Jan 59 Jan 58 Jan 26% Jan 97% Deo "9% Jan 114 101 May 40% aNov 19 27 May 2% Jan 11 27% July 30 13% Feb 7 2% Mas 5% Jan 25'2 A Hi 42% Jan 14 Sept Oet 24 11 Dei "~39*~Ncv 10.% May f 3% .3383 11% IDs Us4 14382-143% *143'2 • . 2%' 60% 3% 11% 58 ;144% -.A *143(2 • 42 18% 2l% May 4% May Feb 6 (4 Jau 10 35 9% Dee 18 50% Apr 29 ariO'2 Dee 9 Dec Dec Jan 50 110 Aug 23% Dee 10 id 1% Dec 12 ■ 27% 110% 30% May 9% May 8% May 15 May 104 1 *8 "li O it 29 23% Nov 105% Nov 7 Oet 3© N orth wes :ern. Tele srapn—. 50 ar 2 2 6 8 Oet 3 6 616 Jau Jan Jan 60 Jan Jan 10 Aug Aug Sept 115 Dee 42% 6 Feb 24 8 June.18 410 3% Dee 9 109% Dec 18 ?(2June 3 31 Jan 15 t 15(4 18% 47% 24% 18 Northern Ctentral Ry Co...50 Nor 3tate8Pow 55 pref.No Jau 112 100 — Feb 14 i ;' 8 JN Y N H A Hartford..-.100 Caav preferreJ.. Dee 10 108 North American Aviation...1 8 . New York 16,030 33 *23G 1% 23% 8% 18 ) 12% 4% 25 ' '*95 ,100 4.(4 '8% •.... 9% 51% 109% 109% *108% 140% 1-0% 10% 40% 10% ,9Vi *23'a r. 9% if 9% 52 12 100 4% 185 115% 146 9% 9% 12 7 Dee 110% Dee 10 N Y Lack A West Ry Cn.. 103 % , 45 6% tweferred series A—.100 NYCOji dbus 10% poa-cum pref.—5) 46. *42 4o 3fo »16 43 U6 9 26 York Central.U.No oar N Y Chic & St Louis C)... 100 N YAHulcm RR Co 10 J' 2 110 *42 New 2 July'28 27% Jan 10% DSC 10 100% Mar 8 *3% 11% 17% ' 58 530 3% 603 11% 14,833 Ohio Oil Cos.—!— No par 6^4 Feb 19 Oliver Farm Eiulp No par OnribusCirp (me)..——.6 13% Feb 19 8% 2 58 preferred A100 Oape ihelaa C jlli is No k.ar Otis Elevator.—..._;.No »ar Dee 10 Dee 18 Feb 19 9% Dee 10 3 l 10 July 24 23% July 11 5% J.um 8% May 10% Mus 6 7% Mas 23% Apr 14% Mar 10 Jan 104% Jan 7 0%Sept 17 1734 Jan 8 150 Jan 11 Mas 2% Mas 11%Jum 112 124% Jum 150 95 64* 42 ■_ , v. 82% 64% 50% 38% 42 9 23% Jan 7% Jan 19 Apr 99% Apr De Nov 3% Ma 5% July 28 23(2 Sspt a O 7% 17% 49 "42"'" 6 7% Feb 14 17 Air 26 ill Dec 17 •! 3% Dee 19 :26'g 26-% 7% , 8 *101% 110 46 28% 27% .28% *19% 22 ; 1 3> 36% *r Dec 10 3% Dee 10 Nat Distillers Pcod.A..No4J«r N at Ecam A Stamping.No par Nat Gypsum Cn,..i——t 14.50 caav preferred.No pat 23% 22% 23% 109 107% 107% *107 27» t (28 28 28% 7% 7(2 7% 7% 42% 12% 12% 12% 37% )36% 37% 39% 27 ' % 93% 46% .. 8 12%.Tune , 0% preferred 7% 2% 8% 105% 103 ■ 9% 47% 45%' 46% ; 4% Dec 18 41 (gMay iO pat 414. 8% 8% 512 Dee 17 6's Dee 10 12% Dee 19 160%May 27 Nat Cash Deo 13 101 100 100 , 12 % 86 19% Doc 18 1 14% Jan 3 13% Dec 9 22% Dee 18 6% ccnv preferred...—..1(3 Nat Avtithn Ccrn.—.1.:...5 26,703 13% 4% 12% '7t% Hi Iflj■ 1 *24''V_——- 33% 36% 33% 35 *50 *■■ ■ *52 51% *115 ' 54 - 45% For footnotes see page Aug Nat Automotive Fibres Inc. ;1 "38" "48% 35 1951 J ,.J - 10 Natloaal Acme Cc.... 1 46% 17 2% 3 5% 5% . *51 93% 44%;. 35 J ;':.1951 FA- 95 8% Jan 11 51% Jan 27 NjV 17 par J.6% 70 38% — Liquidating Co. No 15% 16% 21 21 2034 20 % 2034 2034 185 186 184 *186 ,190 184 185 185. 186 V 14 6% 116% *114 116% *H4.;> 116% *114 .11634 *114 10, 9% ^10% 9% v 9%; 9% 10% 9% 10% 52 ' 52 51 "a 53 52 I 51i: 5H2 51% 51% ; 51% 51% :50% 51% 52 51% *51% 54 51% *114 iv 90 89% B 1951 J 97 82 0 .1950 J 36 17% Jan 24% Jan 4% July 74 July 15% Nov 74>2 Sept 112 3% Dee 18 14 73 11% 12% 11% 12 12% 12% *91 100 j-.,*95% IOO, * ..*95% 100 r *95% 100 4% 4% 4% 4% 4% 4I9 4% 4t» *10934 11134 *109% HI *109% 111 *t0934 Hi¬ *11 " lllj 11 ' 11 ll rr 11' 10% 10% i": *35 *30 36 38 f *35 33 :-*3l.f 35 1 I 1 'V* 1: l'r-i 1% n 1% 86 89% 36 % — . 76% 0 4 21 7% V 38 37 14 10% ■ 6 33% 10% 434 3314 10% *1% *13 20% -20% 71% 100% 105 1 *80 £? .-1955 H'N Refunding 4s. — 1952 J J Purchased lines 3 !$»-•: -i. • 2 61% Aor 17 109- N >V 17 4 Dec 10 No oar Nish-Kfc Ivlnator Ccrp..... .5 Nashv Chatt A SfeLouisji.lOO 2% 8% 108 27% 26% 38% 10 5''> 27% ' > 101% 104% 926% 41 121% 127 34% 48% 7% 13% "32 . Feb 19 9%May 27,800 64 8% r- 8% 37% . 15 *% \V 103 9p 85% 104 % ,10 4% 61)4 65 103 • 39% Cairo Bridge golU 4s.'. Litchfield Div lstgoli^s 46 ' "".3% "¥% 19% 3% 16% , 59 63 64 2% 034 2%8% *7% • ' 103 8 '■< 10% *lU 12/% 132% . jr A 30% Aug 12 Jan ■11% D33 10 18% May 6 ! l% Dec 18 — 290 1,300 1,900 ' 138 38 -.1906 F 6 Mcrrell (J> & Coa.——No par 50,300 94 Sept 20 118% Sept 24 123 Aug 19 113(2 Oct 4 39'2 Jan 8 43% Jan 23 Feb 14 Mar ' 109 > *104% 110- *101% 110 6:l2 - 12 38 40-year 4 H s—...... — Feb 124% 33% May: Oet 2-^ 1512 Oct 2 "* 1 July 16 3% Aug 2 1,7% Aug 4 Mar 27 115 Nabco 3% 4 60% . 37% *13 108% 112% J; -.1952 A O Collateral trust gold is. (77" 142 Pcefeisred'series Bi..No par 84 preferred series C.No par 1,900 2314 11% 13% . gold 4s:--. 1961 ./ registered gold 3)4s..- — 1951 ./ 1051 A Extended 1st gold 3 VjK- -> -.1951 M1st gold 3s sterling- . j. 1st 6% Jan 26 ' 4% Jan 11 79% July 28 % Oct31 Dec 9 12% Dec 9 14.50 preferred.._i„No par *105% 110 *10712 117% *107% 117% *107% 117% *107% 117% *107's 117% *1Q7% 117% - ■,4s 112 j 1 19% 4%8% .. ■*105 • 1981 J. J 45% Jan 10 3 1,800 13 13 43s 24-" 24% 22% 23% 23% 24% *107% 109 *107% 109 *107% 109 29 29 v< 29% 29 : 27% 29% 8 7% 8 734 7% v 8% fl '?«% 1134 11% 12% 13% 12%" -'12% V. 12% 10 mn Wi 2%»ser A ; 9% Feb :• 5% preferred;..-h.: 100 Murray Corp of America—10 Myers (I E) A Bro No par 12% ( 4% ;11% 11%,. 12% i 52 4.900 16% a:2% *5% 17 16% 28% '37% 50 90% 103% 105% AO A O *38% Dee 12% Apr • Jan 14 125 9 Dec 10 19% 1 3% »16 4% 109 Hi .12 89 *88 J UN 28% May May 6% May, ;ll%May 23»j May 103 May 1 6 9% Jau 1% DPC j Cnrpu..4..L.»■>. ..10 M>Kan-TexaaRR..._No oar 7% preferred series A. —10(3 150 4% 19% *59%", 6034 35% '•26% :26 28% - ' J ,#N, ./ D MN e\ A ' *107%113 4% 4% 38% 36'2 36% 4% *36% 17% 3% 59% : 76 *33% *42 1999 Hoe (R) Co 1st mtge. i... - t -1944 tl*HousatOaic Ry co is g 5s. .il937 Houston Oil 4 K» debs. v£ - - — i 95 a Hudson Coal 1st s f 5s ser A.... 1962 Hudson Co Gas 1st g 5v.... —. 1949 Hudson A Matihat 1st 5s A - - - -1957 ♦AdJ lncome 5s—--.--.-Febl95/ AUF 24 17% July 24 39% Jau 9 6 22% 6 U% 23% 1% : 65% 66 a:110' 110 • "> .-...1949 nref-ii.—loo g6.50 preferred, a.;—No par '"To 37 51 11" i11 23%* 23% . -■ cum 1st Mission 116 23 3812 19% *13 11% *72 *105 ?> 73% 91 64 H 4 J^s 10 . May 84% Mar 87% ' ♦31 cm A7H J A Deo 10 Mar 5,200 1% 13% 116 26 ' • 8% 7% 11% *4% J 82 29(4 Sept 3 4% D ec 10 106 8% 400 .22%' 22% *110 *334 23% ■ 2% 73 26 v .62 -f, 65 V, 5 U).% 70 • 91 O J 26 43 4 % co av pref series B—.100 3,500 4,600 *35% ' Gulf Mob A Nor 85 53% Fel 24% May 2% May 11% May 30% Apr 2 37 Jan 15 Feb 14 Ml it* M >Uae Power lmnl...l 12% 13 4% ;% 4% 3.9I2 *36% 8% 13% 4% ! 62% 68 2% 8 <h 8% «;V 7%i':-' 8 ( . Feb Feb t'Harpen Mining 6s- *51% *63% 35 *100 99% 74% 39 76% 93% > 73 82 1 . 11% 93% 104% 211 93 H Gulf Mobile A 14 60 142: 31% 108% 99 32 i 84 J ♦Debentures ctfs pref.i.—..150 14% May May Fel 2 1, 33% Oct 6% Dee 9% Jan 108% Dec 7% May 64 July 15 Aug 22 71 N >v 27 Deo 19 60% 36% 2 ' 105% 109 33 » 65 » 68 ' 82 1946 J A West deb ctfs A. 82 70% Mar 19 Dec 17 27% May 29 3% Fib 15 21% Feb 15 ; ;58 90 . 96 82M _ 5% 14 *62% 79 82 '4 1946 J series G.i, On mtge 48 series H w&i. Gen mtge 3 %* series I - v. ■ 103% 109% 93% 106% 2% 46% 5% 09 46 t General mtge 4s 1.5% 13% •. 55 1961 J 1952 J , 34 13% 34 45% . 96 59% ./ 1976 J 1977 J " Dec Mil l-Honeywell Regu.No mr 5,300 14 12% 12% 13% 42% 13% 20,103 13% 13% 14 162% *145 1621s 163% *150 162% *150 ' 162% *150 *140 145 *140 1.45 139 = •■ 139 TTq *139% 142 15 vl 15% 16 15 1534 3,403 15% 15% : 15% 15% 15% *34 35 34 34 33 33 *33% 35 600 34%. 32% 3 2% 2% 2% 27« 2% 2% 2% 19,200 2% 2% 46% 46(4 46% !46% 47% 47% 12,500 "46%. 47% 46% '47 6% 534 5% i 5% 5?8 5% = 6 5%' ' 6% 6,103 13% 14 14% 14% ...1,400 13%: 14 13% 13% 13% •13% 14 2% 65 4 «sser A .— General 5 lA» series B General 5s series C-i—i.. General 4 «« series D-t.i' General 4 )4« series E - — -. 13% 15% (. 1944, A' 5 v Dec 19 12% 22% 6%' 7 11% 11% 113 434' 61 ♦LI)' J950 J 9% Apr 47% Jan 5 7 0 V ^9 *150 142 L Nov 8% Sept Meroh A Mln Trans Go .No pat Mesta Mashlne Ce—......5 Miami Cappec— ^.5 Mld-Conttlent Petroleum.. 10 Midland Steel Prod..l No nar 530 *57 (8 23 7% 12 23% 2% 12 4% 4%n *138 1956 J Anr 29 Jun- 15% Sept 18 110 Dec 19 2% 1% *35% 36% 66% '■66 . 23% 6.)% 61% *150 1945 A May May 5 , ♦112 22% 13% 14 24 - Jun 5 16% Jan 17% Apr MI«»h Dec 17% Mav 20 Feb Apr Mar 105 ■ ,90 " 9J % *51% 55 11% ■11 V 13% 4% ' 18 Ir sec 7s 11 18 109% ,Jan 9% July 10 2% 13% %«■ : , *8%' ' 9% 2 Hocking Val 1st co .s g conv 1st Mm 18 101% Apr 30 caav 5% 9 93 29 Feb 15 6 Melvillei Shoe Carp———.1 Mengel Cd (The)-.;..—1 330 1,309 106 *l;17i4 123 V *117% 123 110 110* *107%111% 110 24% 25% 26% 25% 26(2 22% 17 X 9 18% deb 5s w w . Oswegatcble 1st 5s.. 8t Louis 4,900 '35 13 116, *35% 17% 4% 18)4 Great Northern . ""10a ( Aug 18 109% Nov 25% Jan 9% July 37% Sept 9% Dec 9 101%89Ptll SO )referred series A.No par S5.50 pref serB w w .No par 100% 13% 110 3%."3% 17% 17% 13 35% 98 15% Point Term lstguSs.. Cons El row (Japu..) 7s.With dec! iratlou v. ' "I"305 26% Dec preferred...100 Mead Carp———i—No par 7,100 1,600 99 1% 110 27% 38 16% 9f ■■ 10 AgensfGHs. — With declaration - 1 6% 49 *117% 123 19% x ft) 1st ' 5i4% preferred...k^.10O ■laLsllan Stnrea Co..—....1 2,800 rot t's ' '■'■ *112 4% *38% 13% 4% ,? 4% 12 12% 13 . 13 Grays ■T MtKesson A Robbihs Inc..18 200 26% 6% vol % 1% 66' 19% 14 36 35 .. 9% 121% 8 h 14 4% 12% 8% 13% 4% 23 % * 72% 121 95% ,*13% 4% 12% 8% 13% 4% 3% 96 Gotham BID Hos ' 3,000 16% ., 19 3't;. 314 V: 3% VVV 3 i;' 3% 3 6 5% 5% 5%' 5% 6 7%. .' 7% ^ 7% 7% 7% 7%| 7 7% a: 14%:: 14% i -14% 14% 13% 14%|, 13% 14 *161 163% *16078 183% *160% 164% *t60%. 104% 93% 12% tS*GaCaro ANor ♦Green Bay 27% , 13% 92% j 89% *109 3% .)%■■ ADRy 5i...Octl 1945 J, % *Good Hope Btetd A Goodrich (BF) 1st 4 " - 53-1949 J D -. — 1945 j j ♦20-years f deb6s...... 1948 MN Castings 5>is w w 1949 j «Gt Mclatyre Porcupine Ml.jes—6 10% May 10 May 14<2May 16 11% Dec 9 103% Feb20 14% Dec 19 6 Dec 18 MeGraw Elec Cn....»w t McGravr-Hlll Pub Co._N0.Dar 2,000 22% 22% 26% 6 13% •% 11 4% 3% 17% 16% V 50 64% 7% 8% v; 7% .1982 MN Gen Steel Gouv & 22% 16% : 123 2% £1% 37 3% 3% • 65 "05"" ' 84* 1% §♦.41 iking f ind deb 6 >$8_—4.1940 J W Ith dec! iratlon...... * _ ■ 2,800 1,400 3,200 14% 6 57 116 23 113 i t 19% 16% 104% 107" 96 99% 96% J -195'.l J 103 103 deposit.... Elec Germany) t* .eorglaA Dec 18 MeCrory Stores Onrp.i..—.1 6% oonv nreferredi-—-100 36% 36% 17 -1956 coll trust 6a— 4956 El Of Berg Co cons g en 8 McCall Corp. .•»^^.I..No par 100 4% 30% May 96% Jun* i Jan N A *8% Gas A )107 1,300 6% 29% 53% Jan 2% Ma* 20 ' , ♦Certificates of 9 Dec 11 200 *109 113 4-3» 38% f J,--;,. Francisco Sugar De? 90 3.800 8% Pet shot.. 36% Ma* 28 13 16% 20 1% 13>4 .13% ' -. 19% .19% 100% 101 Fairbanks Morse del) Firestone Tire & Itub 160 1 16 4 S- 1954 F Highest $ per share S shore 56% Sept 1! 27g Jan 1' Apr 1 D8319 par 1938 At 8 V Ernesto Breda 7a—....... 10 net $3 oreferred...—1..N0 par 88 lsi cam pref..U.No par 111 8 20 ■ 1% ■ 1% '■22% 0% 11% 7% 11% 21 ' 23.. 2% r 2% *50% ,55 1034 10% 63'a 66% 10'4 66% 66% * „ 56% 82% 103%103 121'% 7 1L% 51% 4 10% 46% 101 103% AO 34% 23' 20%' '7% *H5s :U78 22% 22% *1% 2% 105 80 1 23%' '7 ■ ; 34% 16% 13 May Department Sthres MivtagCi j-.-No 1,400 ' ■P23% 60% 60% 59% 1 101 12 . 101% 120 V/N 38 27% 103% • 83% 101?* 36 "27% "25% 87(4 36' VI f j 3,100 2,200 90 14% 6% 28% *ree llM , 21% 26% 5% 16% 13% 1 14% • . 65% *"'0i _ Lowest Highest f 64% 58% ■*f *54" 274* 40% 53 -51% 54% ~r * + - Lowest g rt«r share 42 Dec 18 Par 13 - 15% 6% 29% 6 6 1% 57 2% 6Q% } , 99% 42 UN 1975 AO ♦§ Ref A impt 5s of 1930 .i J 1st cons M 4 Jtsser A w L... 1957. / ' 80% 158 53% G to 196Z ' ----- 42 97% 15 *106 1% *56% *56% "60% • . 84 ;i 93 % 97M J ♦Gen oonv 4» series D ♦.Series U ' • -V. J t*Erle RR 1st cons g 4s prior.. ; - Prior4s registered—.. - .: 1996 ; ♦istconsolgen Hen g4s..—. ,1996 1996 Gen 4s registered.. 1953 ■*Oonv 4» series A ;*■» Range for Previous Year 1940 Range Since Jan. t On Basis of LOQrShare Lots *105 108 29% 27% 5% *106 "2," * 2 J *12% ;• ?: 7# *1-38 70 55% . 53% f .1996 ,/ 90 8% 13% • 12% 24% 27 ? 6% 14 13 ! ;-13% 13% * &l5, t U3« • hi "1% ; i% 1% 1% ,*l3i4 .13%-. 141 v*i8%ri4% 91% 91»4 ;9J% -9278 92% *11134 116 , ♦111 T16: *119' : 118 118 *117% 123' *117% *107% ill ! *107fell 1' *107% 27 27% 27% 277ij 26% *35% 37% *35% 37% *35% 102 103% 106% 105% O 4 93'" 98 160 ; 8 .108% *" 149%:152 V rot>% 99% 99% O 1905 j.: ; 27% 678 16% ■ i *106 60 23% ! 1 91 108 17 16% ; 16% 20% 21 ) 20% 20% 102-;* *101% 103 il01% 103 34 31% 35 34% 351 31 1V,2? '• East Tenn V# A Oft Div 1st 5s: 1956 MAT J Ed El III (N Y) 1st co »s g 5s... 1995 J Elec Auto-Litle 2 \i s debs.....; 1950 J t) El — 24 ) 26% fl' 16% ' *106 191 16% 93 21 100 3514 22 27? 57s " '16% •21 102... 102 I 35 30% '*!%' j. ! I6I4 108% 10% 24 105% 109-V 107% ' ■ 2dL -i ;*. 74 6V *4% • 22 22 104% 101 14 103)4 107% '107% 107 M 14 M 96% 102 7 96% 103% 103i« / *71 S 22% f % 92 • . 30% *4% 22% ■! 30 ——J; E -xf ' " 2978 W2% 26 .1950 M'.v STOCKS Shares net 10 9% 9% 9% 9% 10 "t% 10 106 *103% 103% 107% 107% *10612 107% 106 6 6 6% 6% 6% ;6% 6%' "6% *95, 10312 105% ♦rot 108% I *95-, 106% *l>0i *5% 6% 6% 6% "5% 6l2 0% 6% *7 It2 *72% 73 73 *72% 73: *72% 73 *■59 58 *52 58 *53 59 57% 59% 30(4 30% '30% 30% 30% 30% 30% 4% 4% 4% *4% 4% 4%"' 4% 4% *22% 2314 '■,22% 23 22% 22% *22% 23% 10% ■10834 .6% *95. 1Q612 6% 6% " 109 '16% 1% 17 * *90. :106.1a fv ' 16 73« 6 108%. 112% ; ■ 29 0'4 j ! 2% 6% .17% 3% 7% 72% 88 . 10 95 8%'. .9' '9%' 9% 9% ''013% 12% 12% 12% 12«4' 13 108% 103% *108A 109% *108 15. 16 10 205% 15% 16% *6% 7 7% 7% < 7% 7% 28% 29 28% 29 28% 29 " 10 1038 *16712 108*4 *107 "3 % 133 " exchange . Week share 42 42% 1 l'« *16% 17 S 42% 1% 1% 16% , -42 43% 16 ' 'C % 46 Tunnel 4^8....1961 1 % I ■the 1 Dee. 19 18 share '1% 41% 43% 1% *93 95 * 8 per share *108 29 .• 108% 17% 7% 17% 43% 1% 10% *93 13 109 7% 41 S^s.-.1962 ti^DulSou Shore & A tig 53....1937 Duquesne Light 1st M3>ts.u...1965 ■ 1% 250 43 Dnl Miss & IrRvige Ry i ■i. 1)4 11 .1995 J D ... . 13 103% 103% 106 106 1!4 A Dec. 47 Dee. 16 share fw 43% ,l-38 1% 16% 1634 *103 105 D deb 2 las..k. Dow Chemical *45%".^% 103"" *103% 9% * F Detroit Edison 4s ser F. —1~.. 1965 A O Gen & ref ratge 3M» ser G.. .1966 M .S Gen & ref 3s ser H. - - ■*. -—- - i 1970 J JJ lien g4s—..1995 9 " ♦Assented (sub-J to plan).... FA ♦Ref & ltnot 5s ser B-Apr 1978 A O t*Des M & Ft Dodge 4»ctts... 1935 t*D«s Plains Vallst gtt4)*s—.1947 210 10 H -1936 t*Denv & R G W gen 5s... Aug 1955 , 52% 108% 49)4 103)4 43% 100T *9 1' ,;9t| S share tw 1*4 *93 t03%H09 21 *103 1st mortgage 4 Me....... -1969 -1936. ♦.■Second gold 4s . 50'^ 106K J ..1969 1st & ret t§*Dei&RG 1stco »8g4s_, 8 ♦Consol gold 4^8-...... 1(13. ; 101 105)4 -Iters, - Dec. 15 8 $ »er share, 43 ■, 44 ■' Dayton P <fe L 1st mtge 3s.. Dayton U nlon Ry 3 )*s ser B. Del & Hudson 1st A ret 4s.— Del Power & Light 1st 4Ha Detroit Term 13 Friday Thursday Wednesday Tuesday High ■ D Detroit & Mae 1st Monday' 'Saturday ■Dee. Railroad & Indus. Cos. (Coin.) ■ NEW YORK STOCK for Since, Jan\ 1' 05 6<3 Sales High sale prices low anb • .BONOS N. Y, STOCK EXCHANGE 1615 .... 46 V *■5% *47 "- 47 *51' 51 46% For footnotes-see. page 18 62 4(2 48 1618, I 46 5L% 51% *115 *115 ; 4534 4% 4.4% 51% *43% 48 52 54' *5 3. *115 46 ♦46% 18 4% ■ *115 'V'-V 47 18 5% ;• ■ •5.,v.. ; 5% 52% •'46(2 46(2 •*13 -1812 *18" "-20 ¥7% 43% 18% *.-.. *113 ¥?¥ 43% ... 10 4% 51 % 5,709 18% 303 52 303 70 ... 47% 14.033 6% preferred.: Otis Steel Co $5.50 caav a - - -.. ...100 _•—No Par 1st pref..No par ■Outboard Marine & Mfg....5 Outlet Co..— No car Preferred...;.—I.......100 Oveas-Uliiols Glass Cg.42.50 140 June 3% Dec 40's A >r 16 16 48%June 120 Mar 26 34%May 10% Jan 10 60% Aug 27 26% Jin 56(2 Oet June 1 120 6 9 Mar 26 50% July 16 7 21 May May 19 June 47 May 115% May 42 June Mar 5% Apr 18% 12% 47 Jan Deo Jan Nov 32*4 Apr 55 120 64% Jan Jau Jan THE COMMERCIAL & 1616 FINANCIAL CHRONICLE Tuesday, December 23, 1941 NEW YORK BOND RECORD NEW YORK STOCK RECORD Friday Dec. 13 Dec. Dec. 15 Dec. $ per share $ per share $ per share 16 : 17 $ per share $ per share 5 Last Range or ! at Sale Friday's |n£ Price 100-Share Lots Railroad & Indus. Cos. Illinois Central RR $ per share $ per share $ per share $ per share Par 4s registered 47« 4.i4 4% 18 18 11 *3% 6% 10 18 18% 7% 18«8 1858 *2834 14% 100 101 150 150 1378 6 2 2% 14% 14% 1 1 20% 2% Dg 13% 105 *1'8 25U 25% 16 16 1% 1% 247g *15% 1% *'i« lij,. 1378 16 74 76 100 25% 25 25% 15% 1% *10% 12H *12 13 SI6 »I6 77 13% Da 21% *43 44% 44% 45 *45% *% 1 1% 4384 4334 20 19U 12% 19 *39 40 *72% 77: 73 £44% % 1978 ; 78% 77% *107 . *5% 44% 137g 334 29 *5 207g 5% - 5 44% 19% ♦42 19% 20 25S4 5% 26 5% , 73 8% 77% 70 *2 j 46 14 118 *100 3% 3% 3% 29 ; 29% 29% 118 . 5 5 ♦4% *62 *62 67% 19,200 ' *2 2% - „ w, » •>,: 45 b • - 30 $6 preferred,....i..No par 3 Philco Corp Philip Morris A Co Ltd.-... 10 Preferred 4%% series.. J100 -3% ,3% *29% 31 *4% .5 : 6% preferred.... 100 July 46% Dec 3% July t Oot 22 4 2 , A tig 77 : t 52 ; July 30 $5conv preferred.^.iNo par 2,000 Pittsburgh Forglngs Co.-i—1 Pitts Ft Way & Chic Ry Co 100 163 7% preferred..i,..—.. 100 174 480 105% 13 Deo 107g 1st lien A ref 6 ]Ah 7% 174 7% 7% 174 *170" 4% ♦484 * a 4% - 4% 5% *58 61 714 27% 58% •:».7'^ 28 . 7% Li 4 4% 3,400 4% 1,800 Pittsburgh Steel Co...No par 50% 230 2/ 27% 840 7% pref class B__.._:..100 5% pref class A.-.--...100 27% 27 58% 58 58 7% 26% *57% .-■:7 26% 7 7 r, . 59 59 '..j 7% 170 , 1,100 7% s Mar 010% May 62% Jan 384 Dec Jones A > May May May "25% '• Jl% May May \i. 5*4 Dec j 6% May >26% Deo 17 51 5%% 1st ser conv pr pf.100 Pittsburgh & West Va.„ 100 .'•re 164 Pit Youngs Asht Ry 7% pL 100 — 7%.Jan 6 9% Jan 10 43%:Jan : i\43 : Nov ,4% > Jan ; "Apr Deo 29% Apr ,24 ? Apr 87S Nov •¥ 1% 1% 15% 18% 4% 1% 15% l'a *15% 15% *17 .4% 9% 18 *17 «. - 4% 10% 4% 10 9% 1% 15% 17% 4% 10% 1% *17% 11 7% :■ 7% . 7 7% 7% 7% *23% 51% , 4% Pittston Co (The)a...4;.No par .b Plymouth Oil Co 17% 100 Pond Creek PocahontasNo par >4% 4.600 ♦17 4% 4% 11. 10 6% ,.,7" >; *7%. 10 • : 6% 7% *7'i *23% . . 23% 52 5112 119 119 6,700 2,000 23% 51 51% *117% 119% 7% 24 24 1% 14% • 10% 7% > *1% 14% 17% 4 11 ,7 :?7% c ♦17- , 10% 7% 1! ?% 7% 7% 28 27? 24% 24»4 62 51% 51»4 51% 52 *117% 119% *117% 119% *117% 119% 6% *634 *23 .4 . 1% 147« ? % .14% 18 15 17% 4% ",1 1% 15% 1% 151* 2,100 -7; 7,000 7% ,>•' . Poor A Co class B—.—N0 var Pcstal Teleg Inc pref,.No par Pressed Steel Car Co Inc—.1 400 5% 5% 300 25 ^%*May 68 May 3% May . 30 ' conv conv - . ■ . 7% tr Jan l.3%May ,16 51 % 5,900 5% Dec 10 67g Dec "9 n Procter & Gamble::1.'.'.NO par 20 5% pf (ser of Feb 1 *29). 100 50% (Jan Kings Co Lighting 1st 5s. .,...1954 J May Feb Apr ■>. "'7UNoi ref & ext 6«,1939 Ref A ext mtge 6s..>.'*....1942 }. Coll A ref 5Mb series C..*>i. 1953 •i Coll A ref 5Mb series D—.ilDOO 12% -77% 80 27,800 i,200 94 : .12,. 79 117g 75% ♦87. 94 .94 700 108% 108% *104 123 125% 125% 12% 200 108% , 125% • 116% *113 116% 116% *113 110% *113 *111% 116% *112% 116% *113 21% 21% 207« 21% 20% 21% 21% 2II4 21% 20% 2034 21% 12 11% 11 11% 11% IDs 11% 11% lli2 11% 11% 11% 101% 101% 104 *103% 105% *103% 106 *103% 106 105% 1027g 10278 92 934 92 9% 92% 92% 10 94 92 10 9% 9% 92% 9% 92% 8% 94 92% 87g 878 92 8% ; ; 360 11% DeclO i Coll tr,6s series B-..^.j..Vil942 Lake Erie A Wefitern RR— '•■:, May >154 June a, > vl9 >67 y, Ma. j Oct * 12% Jan , 20% Deo 6% May J2% Jan 4% Oct i.^58: July 6% May V,' 14% ' Jan 6% May >1434 Jan 21 May > 45% Nov .63 June 71% Apr 112% May 118% Jan a • -j ■ $5 preferred. ..r..,.No par 6% preferred-100 7% preferred ......100 8% preferred—.100 114 29,700 1,600 92 4,400 9% 3 117% Oct 2 -:i^4 Dec 9 .is 29% July 22 12 Dec 16 7 Feb 14 i .iNo par 39,000 400 28% Dee >43% Apr May 115% Jan Dec 6% preferred ......100 £94 Mar 7 5% conv preferred---..100 >83% Feb 15 Purity Bakeries No par 8% Dec 10 ' 107% Dee 3 95% Aug '8 12% Oct 24 1107$ May 126 > 143 128: June 145 May 465: '. Apr Mar Apr 114% Oct J18' Jan 167a May 32% Jan 11% May 6% Oct 84 Jpnt 97% May 89 May 73% May :■ v 9 '«lun« 15% Feb • - 5s.iJ.',f Jiir:.^.1964 stamped«. i 4 vJ: j.*#} .1904 *10 10% *10 1012 *10 10% 10U *97g 9% 9% | 900 Quaker State Oil Ref Corp.. 10 8% Apr 1 12% July 16 9% Sepl 15% Lehigh Valley RR— " ' . O ■ 4838 49 2% 27g 49% 2% 2% 49% 2% 3 2% 50 50 2% 2% > f 2% Feb F A 48% 49% 2,600 2% 451.1 *2% "2% 45% 2% 2% 2,800 9% 43 43 17 16% 16% 16% 16% 97g 9% 9% 9% *9% *24% 24% 11% 11% 22% 23 *2034 -21% 1% *1% *40 > 44% *11% ■' *77g *10% 8% 12% 77g 11 8% £24% 11% 25 *23 24% 20'g 12 20% *24% 11% 23% 21 Ik ll2 45 *24 11% 11 n% 6,200 24 24l| 24 24 *23 24% 1,200 21 £20% 20% 20 % 20% 20% 600 11. *40 42 12% *11%. 14 7% 10% 62 *60 62 3) 3/ 1 *1% *7 77g *7 *10 10 V *10 8% : > 37 1 1 *60 37% 9% • *55 > 59 *32 37 1 i 16% 17% 17 97% *.97 99 *97 77% 80 80 7.9 79% 5 5(g 111% 114 113 *107 66 *65 77g *81 47g 47g 25 50 113 66 8 8 62% 24% 5x 50 8% 82 82% 24% 50% 73 7h 7% £32 5 47g 237« 50% 17% 5% 5% 1121-. *107 *65 82 *50 16% 65% • 47g . 4% 24% 52 <»5*h 7% 7% *82 *50 ;>. 165g 1% 17 54% 31% I67g 97% *79% 4% 4% *65% 7% 82 84 115 73 114 ♦oo'o 7% 82 7% 82 4% 43s 25 24% 24% 52 50 50 4% F 4% 24 *50 9% *3% 9% 9% 9% 7% *6% 6% 6'-> 7 9% 7% 9l.t 7% 3% 3% 3% 3 3 3 3 15% 15% 17% 9% *43% *% 17% 0% 44 ' 1678 u 16% 9% *43% 16% 9% 44 % For footnotes see 161.) 9li 9% 44 44 % page % 1618. % 16 9% *41% *%. 9% 15 16 9% 45% % 9% *44% *% 9% 15 10 3,000 80 »% 7% ..1 Revere Copper & Braa.....6 7% preferred.:..100 5>4% preferred........ 100 % 200 Jan 13 24 ,4s , J • Ddc J 27 1 "4 53 Nov 18 25 16 Nov 28 6 14'4 Dec 9 Dee 9% July 16 12%. Jan 6% May 10'3 Nov 19 6 67% Jan 28 61 2 8 4% Feb 55 Mar 13 *82 884 Nov A uv 13% Feb May 23734 Junt 10% Jan 63% Dec 7 60 May 69 May 2 14 May 10584 Sept Dec 11 97 Jan 13 4% Dec 9 It Jan Apr 21 129 3 Sept 24 60 7% May 70 June 117 237g Dec 18 34% Jan 30% Dec 44 May 62 56 $2.50 conv preferred.No par 1 Rutland RR 7% pref 100 53% Jan 13 714 Feb 14 12% Aug 26 9?8 Jan 27 8 5-% Jan 16 Nov 24 14;'4 May 21 42 4834 Jan 14 1 Aug 2 1 8I4 Dec 10 Nuv18 "4 Nov 25 95 . : 91% 40 62% 60% 79% 76% 98% 69% 65 93 93 65 36 —: 80 >- *98% *66 -♦57 A 37% 73% 35 61 35% 67'f .65 25 27% ... (V 30% 48 • 98 v.. 48 39 ' 58% ' 120 103% 107% 114% 123 122% 131 > .100 95 102% i6§" 103 102% 105' 6 114% 114% 122 "78% 78% S 107% Lou A Jeff Bridge Co gu 4s... .1945 At S "93% 93 114% 122% 80% 107% *10G% .1966 M 36% 33% 31 30% 93 103% 95% A J 53 16% 34% 14%, 31% *100 92% O 43 lit 122%.; 123% 102% O .1951 F 50% 19%: 51 102% A .1944 A '= u 06 •,i> D A. .1969 J 33 20- 114%. ,114% .. 93 — 110 30 *111 L. J17% *105 107 % .1949 At S Louisville Gas A Elec 3Ms 8 45.ri 40c 19 69 32 >61 >5 •> —V- v.*■ *92% ser 8 26%.. 29 27 93 Louisiana A Ark 1st 5s . 29..'.„v 30% ' Long Island unified 4s....... .1949 At 8 Guar ref gold 4s 1949 At 8 ...... 100 36% 68» ti 27.an, J . ., i 25% Liggett A Myers Tobacco 7s>.':1944 A O 5s debenture^::>^-.::i:195L FA I*— Lion Oil Ref conv deb 4Mb. ...1952 A O 1100 Little Miami gen 4s ser A:.... 1962 MN .1946 F >, n 75 > 68; v>. 68 *04 123 3 17 56 3 92 98% 99% 92% 99% 114% 122% 122 76% 128 88 106% 111 107% 109% Louisville A Nashville RR— 1st A ref 5s series B....... .2003 100% 1st A ref 4Mb series C..... .2003 1st A ref 4s series D....,„ .2003 88 1st A ref 3%s series E,..._ .2003 I 100 95% 83% «er A ext... .1950 101% Unif mtge 3Ms .... 101 94% « 95% 88 89 83% 85 99% 105% 92% 101 87% 96% 83% 91% Padueati A Mem Dlv 4s... .1946 F A 3s— .1980 At S ioi" 101% 101% 101 % 105% 105 .1960 105 105 104 104 103% 106% 84% 88 83% St Louis Div 2d gold Mob A Montg 1st g 4Mb .... *...._• 1945 M S South Ry J Joint mo.ion 4s..a. 195a J Atl Knox A CInc Dlv 4s.... 1955 UN f ♦Lower Aust Hydro El 6Mb,. 1944 F 88% 88% 109% 110% 108% 112 88% 83% 90 108% 111 *110 /, M Maine Central RR 4s ser A—. 1945 44% 6% May 143, Aug 22 May 57g May 4% May 3% Aug ID* Nov 11% May 12% Dec Oot % Dec 45% 9% Nov 7% 47% 44%, Jan 12 Feb 22% Apr 15% Nov 48% Nov J — O A Stamped O ser A..Apr 19-10 CI A 1945 Q A O ... McCrory Stores deb 3%——1955 J McKesson A Robblaa 3M8....1950 J Mead Corp 1st mtge 4Ms. —.1955 At S Metrop Ed 1st 4 Ms series D—1968 At S Metrop Wat Sew A D 5Ms 1950 A O {{♦Met W Side El (Chic) 4s...1938 1% Feb For footnotes see 68 A (Stamped mod) ext 5s page 1619. F A 28 47% 81% 87% 44 70 25 36 % 88% 98% *27 J 1947 .4 t§*Man G B A N W 1st 3Mb_. 1941 Marion Steam Shovels f 6s_ 74% 46% 70 47% 80% 48% 45% 89 *70%- I) Oct Apr 15 96 : 25% ,93.al O {♦Market St Ry 7s 7 Oct il 6 87 83 68 •*23 Dec Reynolds (R J) Tob class B.10 2»4 Dec 82 38% 71 Manila RR (South Lines) 4s... 1959 At N Jan Feb Antelope Copper Mines. ' 70% -i. Nov l)eo 1434 Apr Roan ' 89% v 67% • > n Gen mtge 4Mb series A-.:.. 19G0 Mauatl Sugar 4s s f.,..Feb 1 195/ MN Ma/iila Elec RR A Lt s f 5s... 1953 At 8 97% 157g 50 93% '•> 87 36. ; (36; 24% Nov 70% May May 2234 Jan 6 101% Feb 10 Aug 16 9f>% ..10 89 50 83% O Apr 71% Common...—.. 89 49-79 Jan 1 Apr 77 60 " 99% Jan July 33 96 97 May Jure 93 M ' FA A Oot Jan 92% 56% 57% C68:,,. 68, 75 'j r> 76? J A Leh Val Term Ry e%t 5s..v...1951 Apr 23 May 94 >101 78% D Lex A East 1st 50-yr 5s gu.J::1965 A Libby McNeil A Llbby 4s1955 J 37% May 1934 Jun« Apr 22 6l2 Dec 10 9'2 Apr30 7'2 Apr 21 5434 Dec 19 3431 Dec 19 84 Apr 10 Apr 17% 4 96 86 76% 76% registered..:...2003 Unit mtge 4s ser 11 ext. 2% Sept 17 V /'.• 29?g May 17 1% Apr 22% Mar 12 7 May 978 May Dec 23 ' May Ruberoid Co (roe)....No par *% 273.4 Aug 12 24 13% May Dee 43% Jtirn 15% May 3% 39 Rustless Iron & Steel Corp... 1 38 4 18% July 25 > A »r 8% May 757g Mai 900 80 29% Aug 34 69 Apr Sept 24 15% July 28 July 1 10% Jan 6 1,400 10 18% July 28 2% Nov 7% 95 Richfield Oil Corp.....No par 45% 2 334 Jan 2 5512 Oct 1 21% July 25 .62% Jan 4% May 4812 May 8 084 Rltter Dental Mfg.,..No par *11% 4 Apr 17 67S Dec 10 78i2 Dec 1 4i.j Dec 10 600 97g 45% 478 Jan 5%% co iv preferred..,. 100 Reynolds Spring 1 Reynolds Metals Co.—No par 2,700 1,500 9 8 10% Dec 10 22% Dec 13 2012 Dec 11 Reliable Stores Corp...No par Reo Motors v t c..— 884 Dec 23'4 Jan 5 100 6% conv preferred,.....100 6% conv prior Preiser A. 100 2,200 3% 38'a Mar 14 Dec 9 1st pref.. 100 Reitublic Steel Corp-..No par 48.800 9% .> ...—..... 40 500 4% 7% 3% Hosiery Preferred 29,600 24% 7% Real Silk Rels (Robt) A Co Dsc 10 16 ■" 50 4% 1st preferred.... 4% 2d preferred —. ....50 Rensselaer & Sara RR Co. .100 290 9% preferred.., ....100 Raybestos Manhattan. No par 110 50 3% conv 2 1 Rayonier Inc.. $3 preferred....—. .....25 Reading Company.... ..—60 400 140 51 1 Radio-Keith-Orpheum. 6% par Reliance Mfg Co...10 73 7% 1st pref.. No Remington-Rand—.. ^: >., >: 1 Preferred with warrants..25 114 82 conv 100 5,200 3% 3 700 $3.50 2i2 Dec 10 48 Dec 11 % 08 M # 94% v 77M ,ii 76% A 4 Mssfamped imodlfled.. ..'.2003 MJti •,-} V4Ms registered.2003 6b stamped modifled.'.:.>>>:2003 MN Lorlllard (P) Co deb 7s Radio Corp of Amer... No par 6,100 . 5 *6% 9% 30 5,000 17% 97% 81% 99 81% 114 34% 1 *77 4% 56 1 *97 17% 99 • 24% 4% 24 8% 36 77% ...... 7 10% 8% GO 97.% 4 7 1 17 400 1% 13% *9% 36 • 400 42 7 CO 9) 13% 8% 1% 81% 5% *1 *40 10% 37% *97 20% *9% 8% 03 1 ♦9% 7 8% *76 *64 1% 1% 44% *11% 1 *107 1% *44 IDg 9 1,500 1,800 241.1 1% 7% 100 45 24% 10% 25 44l" 8% 16 11% *24 12 9% *11% 101: 10% *40'o 10% 24% 25% 9 *10 *7 5% 17 16% 9% 24% 16% 11% 11% *36 5% *40% 17 44% *40 *60 1634 60,200 49% 47 *40% 2% 49 *16% 97g 2% •'*96*- /. 5s debenture.. 2% 49% *43 9% R ■'''' £49 2% *40% 16% 23s £2% 27g ♦93 M A ,...2003 M N 4&stamped modified 4s stamped 27g 34 • WH ....... 234 34 J,; 4. 57%,;4 68% I*.—' 56% >,57 1st A ref s f 5s..1974 FA ,:58 '( SL-V.H:: 58;.> dfc stamped 1974 V 40. : :;.v 42, Leh Val Harbor Term gu 5s..>1954 FA Lehigh Valley N Y.4M? ext.1950 J J ;> 45% j-. 45%.-: .46% Loew's Inc s f deb 3Ms— *9 103 106% 108% 104% 107% 102% 105% •; ♦Long Dock Co 3%s ext to... .1950 ' 106% 102% O A f • Lombard Elec 7s series A.*. .1952 J 9% . 106% 108% V , 100 .94 86 170 ' *107* i()5M. yr i 1st 4c refiS f . > A F 5s stam ped... 1944 ls,t A rel s f 5s..1954 F A .v h6«.stamped. .1 ?„«.■... 1954 ■ • [. j 1378; Oct 2 92% 81% 161 « 106%, J Lehigh A N Y 1st gu g 48.,.,. 1845 M S Lehigh Valley Coal Co— : i* 88 83% *155 J Cong sink fund 4Mb ser C^,1954 J Lehigh A New Rug RR 4s A.>1965 lA: O l% Mar Feb 80 •>•' L>*lat mtge Inoome reg.>.:>:.1975 Lehigh Coal A Nav b ( 4 Mb. A,V 1954 Mdy >22% Feb % s. 16 109% 110% 30% 40% 77% 83 40% . ■ 18% Lautaro Nitrate Co Ltd— Jan Jan Dec 16% Apr 161% July 151% July p 1997 ■ . 41% Nov 73% Dec > May 7 3 M» registered...... v > .v i , ■ 4% May j,? 9h 5 May .^li; 48% 69 75% 107% 110 95 . May ,178 1 49% 59% 64% 109 ♦72 J 6sextended at 3% to...',—.1947 J Lake Sh A Midi Sou g 3 Ms ..1997 J D 13% Nov '■a 16% Nov 167 2 29%: Jao 9 Jan 11 7584 Deo 18 .110 . Dec 19 123% Jan 15 Jan 4 10712 Nov 21 107 123. Dec 19 158% Feb 11 Pub Serv Corp of N J--:No, par 109 Coll tr 6s series A..i>..^^.1942 F A i. 46% 154 95% "32% > 32 (>. j#Laclede Gas Lt : • 12 ■, 12% 12% 127g 12% 12% 11% 12% 82 82 82 82 *82% 837g .81% 81% 96 96% 95% 967s 98 96% 9734 97% 11034 D034 ♦I087g 113> *108% 110% *108% 110% 128 127 124 124 127 127% 126% 127% 66% *U0M 40% Li-.' 85% Dec Via May 1 -v 60 v Apr 64*4 May £ 50 88 64% 1st A ref 6Ms......:a....'il954 J J Koppers Co 1st mtge 3Ms..-,1961 At S Dec 41% Jan 6% Feb >5% May 8% Jan 10. . 92 38- . Deo i "-»7, Nov July 28 - 99%- 59% J >49 , 13% Jan. 6 13% Jan 6 £23 Dec 11 14034 Jan 2 50' Dec 10 >6l%Sept 9 120 115 June 14 July 24 1st pref.—..,.—5 2d pref 50 147% 117% 384 Dec^ 0 484 Feb 14 .> 21- 58% 93% 39 J J Plain...:.. i.w^...li)6l J 4Mb unguaranteed..i—j.-. 1961 J Kings County EI L A P 68.._>,1997 AO 97% May .27% May P 2% May 36 66 May 22 May. t>287| Mar 31 17 43 36 M Kresge Foundation 3% notes >.1950 At S '102% 34 J*Kreuger A Toll 5s ctfs—..>1959 At S Rj 3 :.!%July25 1378 Dec 10 16 June,5 *, "1H 99% 18% J J v -i 53 ■~X 37% O Kentucky Central gold 4s.:...1987 J Kentucky A Ind Term 4Mb—1961 J Stamped ^.:_...:.i.^..il961 J „f ' " ■J 16% May ; 75%. Jan- 3 Dec 10 ',15' July 15 164 .32% 38 t Karstadt (Rudolph) Inc— *ctfs w w stmp (par *645).. 1943 f w w stmp (par $925).. 1943 MN ♦ctfs with warr (par $925).. 1943 ,10% Feb 25% June > 40% Jan 47 j 37% May Jan > 87% Deo p 70 June 11% Dec 14% Nov 7 'Oct 16 Mar 31 *84 O ...... . 7 29 lfi 29 15 Jan J ♦Certificates of deposit. Kan-City Sou 1st gold 3s.. — 1950 A O >59% Ref A fmpt5s.a. J Apr 1950 J Kansas City Term 1st 4s...^..1960 J J Nov 23 May "*13% 17% May > 48% ?:15 6 1 - Laughlin Steel 3^8—1961 J Kanawha A Mich 1st gu g 4s.. 1990 A t§*K C Ft 8 A M Ry ref g 48.1936 A Nov *""5% 8 65 31" „ K Feb Deo Jan ,4 46% •16% 1% June > .Oct -Feb > 95% 95 % 44 76% 83% 30% .1. tJan 45% Feb-14 44 James Frankl A Clear 1st 4s.. 1959 J D 961J May 4%I Vt'i 23. 15 9 -V Dec 10 -4 '2 *247 96 38% M 23g Mar Dec June . 168 5 .181 39% H S 20 51 % 102% 105% 101% 105% 44% Apr 23% Nov 15 23%; Jan 11 i Aug 19 A M 1% 37% 40% 35 M Feb 9 fit* Dec 10 Pitts Screw & Bolt..— -No par 4% 50% ' 59% 7% ' 5 4% ♦49 52 52 ' 51 4J4 5% 4% • 4 43s 4% 5% 53% 174 *.... .... . 4% 5% 59 59 : 7% U-L. - 8 8 *...:'? 174 174 53 27% 27% *. 4% 50 50 27% *171 8 >7% 8I1 174 4% 5% 5% 51 *27* 7% ; 8% 7% *35% 1955 F 18 45 J t*Iowa Cent Ry 1st A ref 4s..1951 18% 8 96 A ..... Int Telep A Teleg deb g Debentures 5s 58 ' 91 1947 F 4&S..1952 J Deo 18 90 *94 91 Int Rys Cen t Amer 1st 5s B.: :. 1972 M N Deo Nov • 7U *. ■ 20 19 2% Nov 15. . - 22% 105% 104% 103 8 % 8% 6 103 M f 6s series A. s '97% > 14 11 10M ..... 10934 Oct 9 : 3 Dec- 9 734 Jan 2 ?27 Dec 10 >46% Jan 2 4% Dec 17 r 884 Jan -2 86 Dec 11 -:84 Jan 30 10984 Oct 11 104 M Ref ./ 66% 15% 28% 106% 108% 102% 107% 98 101% 35 104M May 9% June 1 9 v J 6 149 ■ O 11% 1% 7% Apr- 4 778 Jan 23 P H 10M 1944 A 99 43 10 Oct 10% H 10M J 1947 J ___1955 m e 105% Sept 71 6 8 May 38 Jan 21 a'27% 10 H O Internat Hydro EI deb 6s._ 30% July 11 ll%May Pitts Coke A Iron Corp:JVo par 67% 66% 3% Jan 60% July 500 - - ./ A 7 Intemat Paper 5s ser A A B 5% Junp 4 J 100% 11M JM Jan 29% Dec 13% May 84May 9 3 89% Sept 4 384 Aug 20 O Apr 1% May . 6 Jan 105% 100% 100 100 June 6% May 7 105 100 % 1 4% May May Oct 30 O ♦1st 5sseries B........-...1956 J ♦1st g 5s series C ......1956 J Apr 10 64 15 deb4S.-...1947 A 31 45% Jan 99 > A 1952 20 M ..... 10M 20 M 25% % May 4 3 3 eonv J t♦Int-Grt Nor 1st 6sser A.....1952 ♦Adjustment 6s ser A...July 1952 Jan 4% Mar , May 634 Jan 11 r Inland Steel 1st mtge 3s ser Inspiration Cons Copper 4s 87g Nov 26%June 14% Deo 54% Sept Dec 10 x38?8 Feb 14 13 Dec 18 - v Jan 21 1 7% 27g June 5% Oct 2% May 12 Jan 3^sHerlesB. Interlake Iron 1 6 203s Jan 51%May,23 3534 Feb 20 Pittsburgh Coal of Pai-i-LOO 1,200 Deo < •> 434 May Phillips Jones Corp....No par 7% preferred.i.....i..100 Phillips Petroleum—..No par Phoenix Hosiery..5 Preferred—i—100 700 118 Mar 160 -s. 367g .Jan 2 >37% Dec 19 h 47% July 14 !69 Dec 18 ; 91 July 21 I 8%May 17 i 12% Jan 10 72% Feb 4 r 897g Sept 17 105 ; Mar 28 :ilO% Dec 31 Plllsbury Flour Mills......25 Pitts C C A St L RR Co. .100 4,500 139 June 4 30% Jan 10 4 £5% Apr 17 43,4 Dec U 233>i Dec 10 . Philadelphia Co 6% pref...50 l-UV i3% 13 71 , 685 4534 45% *1(K) 5% 100 6% 69 *437g 4% 28% 28% 478 47g 67% 67% : *3% 32 30 ! *5 May 144 -:-Dec.i,5 -I 17; Dec 10 Pfeiffer Brewing Co...No par 100 69 1,8 ♦100 3% 2,200 115 2 19% Dec 10 Phel ps-Dodge Corp.—•.*..-. 25 75% 75% Jan 27 Aug 15 - '42 21 800 : 6,000 20 M . - *69% 48 33 78 *108% 104% 018 Dec 12 5 51 33% 8% J 1% May . 36 178 ./ >.11% May ; 204 37% 1986 M 8 Fa. 1961 A O 2 Pet Milk Co—No par 43,900 87g 3% J {Peoria A Eastern Ry Co..100 Pepsi-Cola Co ..—....l Pere Marquette Ry Co.... 100 5 % prior preferred ...... 100 5% preferred .....100 5% 108% 108% 45 PeoplesGL4CC (Chlo).lOO 41% Ind Union Rv 52% July 16 12 Jan 30 V 17% Aug 20 109 July 30 112% Mar 1 17% Dec 9 ; 25% Apr 4 20'g Dec 17 i 25 Aug 22 3634 Jan» 2 >64 Sept 18 -84 Dec 18 2% Aug 1 5% preferred.......i..100 Pennsylvania RR.50 Peoples Drug Stores Ine.i—5 39% 35 M V t*Ind A Louisville 1st gu4s....1956 1% Dec 10 34% Apr 23 Corp....No par 36' A Ind III A Iowa 1st g 4s........ 1950 J 14% Dec 8 No par 37% 83i 45% 2% ' , i3 113 3% . 30% 30% *2 *44 14 *100 4 *3% 5% *4% 5% 14 *100 2% 44% "44. 13% Cement F ..1948 31H 1) A....-.1963 C-.....-1963 1st & ref 4 Ms series *66" D Joint 1st ref 5sseries H*Ilseder Steel Corp 6s.. Jan 106 9 14 Dec 10 6% Apr 21 73 pref ser A ...No ifar Penn G1 Sand 120 6% conv 29% 70% 70 447g 46 *2 2% 46 14 70 45 46% *2 *43% 14 13% j 45% 2% 46 *43% , *64 $7 Apr Jan 115% Dec 1% Dec 19 Petroleum Corp of Amer 70% 8% *64 Penn-Dlxie 14 Apr 16% Dec 10 Corp Penn Coal A Coke Dec 4314 Mar Penney (J C) Co—...No par '9,800 3,100 5% 29% - 69 *5 5% 5% 70 *64 45% 45% 45% 6% *5% 500 5% *5% 38 8% 610 26 37% 29, 69 ; 71% 8% 830 20% >; 26 ,'5»8 27% *37 38 700 44 '> 20% ., 17,300 20% 5% 5% 44 5% *5 5 29% *67 8% 5% 300 1 20 44 1,200 1,200 43% 43% ♦% 26 5% 72% 8% 6 67% *->-. ♦ 44% 43 39 8% 70 118 *100 20 39 *5 6 3 *2 *43% 21% 5% 21 *20 78 76% 77% 77% 77% 77% 77% i 11012 *107% 110% *107% 110% *107% 110% ♦108% 110% 69 *67 1 40,400 187g 18% 44% % 20% 5% 5% 2978 8% 9 9 .. j 18% 18% 45% *% 397g *39% 100 45 1 74 j 14% 45% 5% 28% 5 *11% 21 19% 29 14% W-->- *109 1 No par Penick A Ford 100 *10% 19 25% 5% 47g 27% 38 5 40 *20 26% 28 277g Da *38% 20% ?1% 5% 1% *109 ^ 2,000 700 40 1% *37 14% 1% 5,900 1% 18% 20% 20 5% 5 47g 27 1% Parker Rust Proof Co..>—2.50 934 May 25% May 178 July 29 Jan 10 24'2 Dec 9 I4i2 Dec 18 ParmeleeTransport'n.-No par Patiio Mines A Enter prises. 10 1,000 1% 1% 40 *10% *108% *25% 5% 26% 5% 534 42% 21 20's *25t2 26% *25 207g 5% 42% Dg *35 ..a. *% 21 5% 1% Dg 1 Parke Davis & Co....No par Jan 16% 10 Feb 1434 Apr Ill Cent and Chic St L & N O— Jan Feb 12% 37% May 31 10 1 Mines Park Utah Consol 400 2,300 a 52% 76% 1% 75 77 76 77% 21% *21% 20% 77 40 12% % 99 Inc.......J.1 900 l37g 1% 19% 8,700 6I6 i3% 52% *108% 20% 5% ,43% 14% 14% i378 51% 18% 21% 6 25% *14% %« 18>j 22% 20% 25% "4,200 1% 25% 15% 1% 13% *37 *108% 20% *5% 247g Park A Tilford 20 51 1% 38% 1 1 9,900 23% •1 60 '■ 95% Feb 14 9^8 May 27 100 ...10 6% 1st preferred.. 0% 2d preferred May 4% Jan 10 7% Jan Paramount Pictures Inc May 3% May 1914 Dec i2 Feb 15 .19% Dec 9 4% conv preferred...... 100 .1 300 137g *%« % d8 "38% *% 30,400 2 34% Apr 21 * 00 M(U 984 Aug 3% Jan 10 55 May ij, Dec 18 Corp.5 Pan-Amer Petrol A Transp-.S Panhandle Prod A Ref .1 Paraffine Cos Inc .....No var 65 65 8 U2 Dec 9 Si2 Feb 18 Pan American Airways 50 *45 . 33 % Dec mgh ,. *50 1951 F ....1951 8 126 No. Low 947% 59% 8 163 . 6% High *70 Jan 8 Packard Motor Car....No par 10 13% *16 20 1 ,600 J 105 13% 51 Dg 42 18M *99 13% 76% 1% 15 8,900 106% 106% 12% 12% 13% 13% 105% 105% 11% 12% 1% 15% 1% 51 Dg *10834 1 700 1 20% 9 9 14% 76 % *37 *U4 1% 10 1 20% 20 00 14% 51 75% Dl Da 2 50% 14% 51 151 51% 1% 14 ' I934 Aug 96% Dec 18 147>2 Apr Pacific Western Oil Corp...10 14 *16 40 Feb 19 11 Dec 18 4,100 59,400 11,000 *8 20 26i2 Dec 18 100 .....100 6% 20 *16 6% nreferred Rights.. 6% 8 a Pacific Telep A Teleg 14,000 2 1 6-g Dec 15 17% Dec 18 Since Jan. 1 Apr ',0 8 15% Nov 21 IU4 Jan 28 2878 Jan 24 Pacific Tin Consol'd Corp.-.l 1% ro% 107 510 420 14 %e 137g 5U2 1% 24'8 15% *% 25% %« 13U 20 *13 20 *16 20 98 May 4% Apr 17 Pacific Ltg Corp..T...No par Pacific Mills.. .No var 6% 13% 13% 13% 13% 13% 13% 13% *105 107 *105l.i 107 *101% 107 12 12% 12% 11% 12% 1DS IDs *16 97 148% 149 •' *103'2 110 1134 1,900 9,100 6% 1% *105 3,100 i5 10 1st 2d preferred 1% 1% 20% 27% 15 800 Pacific Coast Co 1% 1% 6% 2% 14% 1 1 21 20 600 27% 6% %5 13% 13's 17% ...10 preferred........No par ....No par Pacific Finance Corp (Cal).lO Pacific Gas & Electric.... .25 160 600 1% %i 8 8% 20% 1,390 %2 %! 1% : 5 16% 10% 67g 17% 10% 434 June 12% Sept 15 734 Nov 7 2514N0V 8 7«4 Apr 1% Apr 23 Pacific Amer Fisheries Inc...5 %2 %3 14% 1 ' *100 105 *100 105 *90 6% *3 1% 20% 7s 20% 0% 14% 9 *8 834 *77g 2034 Dg 2 6% %2 1% 6% 2 Dg 2% 14% 2 %2 %2 %» 6% *578 18% 28% 28% 29% 15 14% 14% 100% 102 *100% 103 *148 150% 150% *148 2 Da . 3,900 *10 7% *678 *678 177« 17% 17% 27% 28% 27% 26% 15 15 15 14% 99 99% £99% C634 155 149% 149% *149 11% %2 '» 18 17% 10% 67g 177« 10 10% 16 5% *15 9% 10% *4% 10 4% 16 9 29 29 1412 7 7 10 4% 16 18% 10% 7 17% 10 10% 9% 4% 4% 17% 10% 17 *7 10 Range Asked & Low (Cont.) (Concluded)— Snrlugfield Dlv 1st g 3)^s... 1951 Western Lines 1st g4s... 9% 4% 9% 9t2 4% 9% 9U Bid Highest Lowest Highest Lowest Shares $ per share h N. Y. STOCK EXCHANGE EXCHANGE Week 19 Dec. 18 Dec. NEW YORK STOCK the Friday Thursday BONDS Year 1940 Week Ended Dec. 19 for Wednesday Tuesday Monday Saturday On Basis of Week's Range for Previous Range Since Jan. 1 STOCKS Sales LOW AND HIGH SALE PRICES 95% 95% 67% 67 *95% 95% 104 67% 85 67 79% 105 105% 104% *106% 107% 110% 110% 59 3% 98 68 67 *105% l.)4% 80 82 58% 102% 105 105% 107% 109% 112% 59% 54 3% 3 80 6% rSuiunewf ttw-11 i twwr.: NEW YORK STOCK RECORD NEW YORK BOND RECORD Week's Friday • ' •, !')'■ BONDS Week Ended Deo. 19 t -y i N. Y. STOCK EXCHANGE Last1 ■ 'Sale |s£ Price Asked & Since -ri ?, -FrPWiS"/. Bid , -Jan. L - Michigan Central— M S MN C-. ,.1979 J 30 Mi' 67 75 *69 £ S per share % per Share — 93 61 -iJ- - 62, 1$ 105M 31 58 v 99 M 70>4 • 18 Dec. 17 >Dec, 16 Dec, S per share S per share S per share 7 >5Con ext 4^8......1939 J*Mll Spar & N W lat gu 4s..1947 105? 40 28 >4 .*>'"8 65V *60 M 8 19 t^Milw <fe State Line 1st 3k8-1941 J 3 i*Minn & St Louis 5s ctfs.„x».1934 M N •1st & ref gold 4s.iT949 M 8 ♦Ref & ext 50-yr 5sser A_..a1962 Q F - V 15 34 >4 18 r 19 >4 84 - 36 "*7*r?*~7M "I H • 1 H 19- Range Since Jan. 1 On Basis of 100-55ar« Lots Range for Previous Ysar 1940 Lowest Lowest Highest $ per share Par Shares $ per share 2 18ls. I884 •,&.;15 VN-I5 : . 10)4 w /a ; 10 'T- *87 V 2 ;f • V, *3S J J 1938 StP ASS M con g 4s lot gu 5*lst cons 5s . J cone 5s gu as to Int -... 1938 3 1946 J J 9>4 J 5♦ 1st v ».... . 9 J ■>: 1st A ref 6s series A <9 ♦25-year 5ks.....1949 If S Mst A ref 5%b eerles B-.:..1978 j J t*Mo-lllRR 1st 5s series A...1950 J.J •.'.'ivf-i. Mo Kan A Tex 1st gold 48....1990 J D •"-27''. 61 . 93 25 •-2 69M ■ r 77-34, 9234 24M V40M ; ■ 221 tyy 90, H 33% *87 lj *9, > ; *87." 90 33 33 *114 108? *107"T08 *107 %' % • • • »»s - 1234 2% 56% 13% • • % % i :}•*& 8'i ' 918 - 9. • 52 ;5ii2 '52U - • 9% 52; : 32% "3", 100 860 13,200 4,000 "2", 066 33 t per share """166 107 % 12% Highest , $ per chare S per Share ;z8% '700 53% 8% 4934 37,100 17,500 3,100 5% 79 Servel Inc........... Jan 6 3 Dee 4% May 47 Sept 18 34 May 63 June 19 96 May 111% Deo 23 Sept 18 "*7% May *14% Mar 88 Deo 49 Jan 5 17% Sept 94% Sept 11 64% July 107% June 101% June 9 % Jan ®4July July 384 July 78'4 Jan 10% Jan 14% July 7D4 Jan 31 28 7 2 17 50% Dec 18 4% Dec 19 ' ,"._1 7% Dec 10 4834 Dec 19 No par Sharpe A Dohme—..-No par $3.50 oonv pref ser A.No par 34 May 3 % Dec 11 *% Jan 12% Mar 3 f 1% Apr 29 $5 conv preferred—No par 1,900 Jan May 2 39% Sept 26 115% Mar 27 112 July 15 i Sears Roebuck A Co...No par Sharon Steel Corp. Jan % June 23 ; 5 560 % 31»4 Dec 10 $4preferred...:....No par Jan 42 Oct % 113 3 109%June 9 107 Dec 19 No par Seagravc Corp. June hi Dec Apr 29 8 8% Apr 15 Schenley Distillers Corp.....5 5M% preferred........100 8cott Paper Co... No par fSeaboard Air Line No par 4-2% preferred......... 100 8% 48®4 < 8% 50 12%June Corp_.....^.-5 „ % Apr 15 6 May 5 4 Seaboard Oil Co of Del.No par 2% *2 Savage Arms 26 39% July 16 % Feb 8 6 hi Dec 10 1% July 17 July 17 35 Apr 19 Sareway Stores....No par xlO0% Dec 11 5% preferred: ...... 100 5,500 1,900 51%' 4% 2% X4934 13 %i Dec fSt Louis-San Francisco... 100 6% preferred .....100 JSt Louis Southwestern... 100 5% preferred .;..100 11,800 % ®35 Dec 11 27 -...10 St Joseph Lead $4.50 preferred. .... 107 12% ,'50%, 52% '• 5 •',: 5% " -hS 100 3 *4% 584 41% 4234 108% 108®4 1834 19 14% 14% ♦85% 90 % '8 {*•2 •" 23g 2% f *2 5834 53%" 50 5 r 5% 5% b 5% '9% 9% 87g 9/ 52% 52% / 52% 53 he *1% , 107% *% ;12% 13 3,100 1,800 >. *114 7 1 % %. 12% V 10,000 %» he • *114 5l« . 42• 42 1071?' 10811 18% -18% 14% I434 ' %» 3 "*1% ,'.*4% 534 '41% 42 107% 108 18% *18% 14% 14% ♦85% 90 32% 3284 5ji4 '*4%v 1 33% 108 108%-108% % „" ' % *1% 29% 29% >11 . • 90 33% r33% 115% *114 i 12% 13 12«4 *13 i 2 1 • 2% -,*134 > 2 • 59.ffiOTrf V'68%^ 59% 5% 5% •■-.♦X -5-ii >> : ' ; *87 *ai lk 53 :* 97M 30M >4. 27... L-lg A,; ; 1 354 834 -/ ,23 7, < 34 61m; v +91 ' ■■i ; m iiX*. • ... -is; , *114 . *108M'109 7*4 ^13>4 13 9 >4 2 "s 115 .42 15 90 » J *114. 7M' 13>4 •• 3.M. i Ji h 2M J 10 9? 1+ 161 8>4 f. :9M : 33M > 3312 r.'ij"iW'JK-iit- •534 42 301.1 %3 :'1 i« 3 %e >u 29% %: %jr ' '3 il«- ' 1% -1% j *4% - - 534 41% 41®4 107% 108% 48% 19% *14% ,15 107% 108% 18% 19* 108 '%2 >' 30% 30t2 •29% 29% ■■■'' %. *l5g *4% : • ,6'K 'l % «-,- *1 M *1®8 * '3 •'•: 'fl'tf1"1-"5si 4212> 421^ r •'-'»« ,,*1,4 . J 08 2934 ;c , '8 52 60' 37>4 26M 59 >4 26 H , 34 M : ljj i- 102 M 107 M 25 '"39 M "F 40 < J*34>4 D J 104M 28% 27V 283g • *,} , v Dec. ' STOCKS EXCHANGE 70 93 93 J Michigan Consol Gas 4s1903 MS JJ4Mld of N J 1st ext 5sx...;.1940 A O t5*Mll & No,let ext 4ks.....l939 J D J 15 Friday '■ -•' - 3kS--:. 1-1951 1st gold 33$s Ref «felmpt 4Hs series Dec. 13 Thursday Wednesday Tuesday' High >» 30 • -.1952 Jack Lans & Sag r> Low High Low lat a 178.^1956 J D Monday Saturday NEW YORK STOCK the Week SALE PRICES HIOH <>A- ■ "Dec. Railroad & Indus. Cos. (Cont.) l*Mlag Mill Mach AND Sales for LOW i Range t Range or .' t ' 1 - ,, 1617 THE COMMERCIAL & FINANCIAL CHRONICLE Number 4023 Volume 154 116% Jan 111% Dee % Jan 1% Jan % May Oct t4 Mar May 20 1% Sept 61% May 88 11 21 8% June 22 17 Jan 2% Nov 8% May 61% Aug Apr Jan 16% 16% Nov 73% Nov Missourl-Kansas-Tcxas RR— ' Prior lien 5s series A^-.'..._1962 J J 22 H ....—1902 J. J Prior lien 4ks series D...1978 J J ♦Cum adjust 5s ser A...Jan 1967 A O "»18?4 40-year 4s series B * 21 184 M2M 53234 23 M f 17 >4 7 'A 20 -,.s •11k 37 ism; 19 19 >4 7 ,v 8 27>4 *56U '58 ; "<>'*412,: 4®4 >X: 3414 3434 > - 15M' 15'4 ;•' 3« :-3 i 11M.28M 44 ,'vf334 ,'14 "•>. l-t", ;."t v- V 53g v . F 21 H A ♦Certificates of deposit.— ♦General 4s-._,...-wi.x-.-1975 w"s *lst A ref 5s series F...i—1977 M 8 ♦Certificatesof deposit....... ♦1st A ref 5s series —1978 mn V ♦Certificates of deposit—-. ♦Conv gold 5H8.(.^—.1949 M N ♦1st A ref g 5s series H-7---1980 A O — "lH 1 * 13 . \H 299 M; 24 H l - 24 1934 -1934 1M 44 24 >4 21 M 23 369 M . 2834 28 234 ■ • 21 19M 20 M 23 H 20 19 28 2XH 21 M 24 M 98 20 23 M. 24 *26'. I1 28 ; 30 >r 30% 2834 20 H • • * '■ - .j ■ •• , .7 198 M 8/s .: 21H • 24 >4 *20 >4 •34 - - 20 - 29 J4 4% 3484 1584. " 3 > • 3I84 16U 5% 57% 4% 4% ;*l 1% 26% 31% 26i2 31 i 30>2 ♦1 26 31% 5% 57% 4% 35% 16% 2% 1234 1% 12% 1% 25 '• *34% 1534 234 3 12% .12% 13 *1 v 34% 16% 2% 3, . 12% V 5% 57% .; *23% ,v. ♦Certificates of deposit.. |*Mo Pac 3d 7s ext at 4% July '38 Moh'k A Malone 1st gu g 4s...1991 M 1st , 81 V4; < mtge4H8..«iv.—*-V.-tl960 6 debentures.. 31 •• 18% 18%18% ?'18 H'8 .11%* 11% 10% 11% 10% 14 . • •77 s f 5s series A. 1—1955 Gen A ref s f 5s series B.... 1955 O Gen & ref \ s f 4 ks eerles C. .1955 s f 5s series D.-_—1955 Morris A Essex 1st gu 6234 85 39 52 O 2000 3 ks . *45 34 >4 D 34 Constr M 4Hs series B - .—1955 UN Mountain States TAT 314s.. 1968 J D ■ -;,i 65 40 '> ' 30 110 i.: ;--,4 109 109 Mutual Fuel Gas 1st gu 5s....1947 MN 32. 44 >,31H 29 *110 3834 v-43M 34 152 35 >4 34 39 2834 - 39 - 10734 112,:' 115 11734 IX - 41 '6-:- 4,.v ,4% N 113 *107 % : A...1978 F .1960 Nat Distillers Prod 3ks.. —-1949 National Steel 1st mtge 3a 1965 J 1954 A D 105 74 10234 19 104 104 S 102 >4 102 >4 A O 103 M 103 H 104 M J D 105 >4. 105 34 M , 6234 72 102 -IO634 10234 10534 10134 10634 8 64 '63 H 47 ■ 1 0% 1134 1% f-' 3?4s |*Naugatuck RR 1st g 4s.....1964 1948 Newark Consol Gas cons 5s 117 >4 J*New England RR guar 5s.-x 1945 *Conaol * guar 4s.. —1945 — 1 M N 117 >4 Z'i 1 58 >4 8634 11734 124 50 -. 6534 11 60 ,58 >4 oik. 10034 8234 11734 59 J 1 88 '4 • 60 J .5 4534 , 64>4 * 1st gs - A—.1952 .1961 4*48 series B... J —1960 A New Orl Great Nor 5s A......1983 J N O A N E 1st ref A imp 4 >4s A 1952 J New Orl Pub Ser 1st 5s ser A—1962 A < 1st A ref 5s series B 1965 J N J Pow A Light 1st 4 >48.. New Orleans Term 1st gu 48..11953 J 119 124 124 H 124 M *70 A O 107 104 104 >4 30% •v. 44 30% *3334 *58: D a 58l2 .67 54 33% •3% '<' 334 40 ' 41% r 35l2 3% •). 334 39% 40 35t2 34 36'I 105 106 4 , 8 ' % ,-.7 ®ie 7 % 1 1% 7 9% 10 7334 36 30 39 30 v 5 ♦Certificates of deposit..—- j. ♦1st 5s series C 21% 21% 22% 30% 30% 43% 44, 3034 30% 44% 7 43% 39% 38% ' * 1 38 32 3834 *38 3234 'j.X ♦Certificates of deposit.*.'—; 4>4s—.*w——....1945 39., *100' J 48 O 10-year 3>i8 sees f-*-.—-.1946 Ref A Impt 4>4sseries A....2013 A 0 Ref A impt 5sseries C.-.—.2013 A 0 M N Conv secured 3>4s. —1—1952 A * * — 3>4s.—1997 J 3>4s registered... ———.1997 " •' 30-yr deb 4s 1912.—.—1942 J J Lake Shore coll gold 3 ks. .71908 F A ' 8934 94 44 >4 906 41.- -46 >4 49 318 44 M 48 >4 237 4534 46 >4 73 >4- 52 75 34 70 73 >4 70 ... 3 99«s;12 55 9S«.j 7 54 H 5534 21 51 3ks registered.. ..—1998 MlchCentcollgold3>48——1998 F A 51 M 51 X F A 48 V4 48 3>4sregistered.......... 1998 F A A O M 5 A 0 J D ;7 50 69M 9634 6334 6934 6734 H 46 >4 , 5 20 70 .. Ref 5>4sseries A — .......1974 1978 1st mtge 3 >4s extended to. *11947 6s debentures —....1950 N Y Connecting RR 3>4s A-.1965 N Y Deck 1st gold 4s—......1951 Conv 5% notes..— —.1947 U F 83 ;5134 65 63 6634 239 5434 72 M 61 M 98 97 >4 98 13 90 94 1 79 ' 94 99 58 " 35 H 100 "59 10 - 10734 10734 42 10834 10834 .1948 J D Purchase money gold 4s.... .1949 F A — {♦N Y A Greenwood Lake 5s. .1946 M N NY & Harlem gold3ks..._- .2000 M N N Y Lack A West 4s ser A— .1973 MN 4>4s series B ... 119 119 119 50 11 7 111 M 111^ 64 *103 34 50 34 51 99J4 9734 3% 29% *8 +•9934 J June 6 120 Aug 1 4 *3% • ; 4% 61 *124 r conv deb 4s *3% *1% , " 0 8% .44 •2% 31% 5% 5% 6% _ • 5%v 5% 634 6»4 *5% 5% 5% 7 -i 5% 36 6% 5% "136 3% 4 - — ♦ 18,200 5% preferred...100 1% 2% 2934 ------ 2,900 30% *34 38% 34 60 16,100 1,040 3,700 38% 35 115% 4% 111% *109 9 % 1 116 12534 11134 H834 *44 ----- 92 23 >4 23 34 23 H 29 19 2134 22 34 15 22 >4 22 22 34 12 23 34 24 11 2334 24 56 1734 2834 1734 ' 2834 1834 2934 1834 2934 22 34 22 34 20 18 *31 1% 6s registered.:... 28 >4 27 28 »4 241 2034 47 48 34 37 .1956 J J J 23 M ...... 52,900 ♦Debenture 4s... .1957 MN 3M 3 >4 2h% 24 M 80 7834 g 4s— .1992 M 8 .1955 J D 3J4 . . .1942 A .1903 A 0 1M 434 18 2534 207 18 80 N Y Rys prior Hen 6s stamp.. .1968 J J 3034 3334 234 5134 20 7734 3134 86 734 . 3«4 4 34 334 734 ,1k , "134 134 3 26 conv -.1 preferred.....100 Standard Brands 1 27% Apr 25 54% Aug 3 Dec 18 37 31% Feb 19 384 Dec 10 June 19 Standard Gas A El CorNo par $4 preferred........No par 56 cum prior pref: .No par June 108 113% July 10 25%Nov 6 34% July 29 46% Dec 4 16% O t 2084 May 29%June 26% Jan 29 Apr 46% Jan "23~~May 38% Deo 37% 3734 3,800 48% Aug 2 30 30 300 Starrett Co (The) L S..No par 29 Dec 10 40 4 5434 5434 55% 4,200 Sterling Products Inc.-.:...10 52 Apr 16 66 434 4% 434 4% 5,300 5 ,'•'■ 4% Dec 10 3%May 5 Stokely Bros A Co Ino......l Stone A Webster...:..No par 4 % Dec 10 124 v 1% 11% 1634 *3% • 1% 12 17 • 7 3% 3«4 4% 4% 3% 334 60 124% 3% 1384 14®4 334 4% .7 334 4 23% ij% 18->8 19 4% ?'f4% Class A pref (4 M % cum) 150 6,700 Sunshine Mining Co—.-.-lOO 2,500 34% Feb 19 0 3% Dec 10 50 10,300 l.COO 1,600 17 200 Sutherland Paper Co 100 434 23% 18% 4,800 43g 5,500 Symington-Gould 334 334 1,200 Talcott Inc (James).... Swift A Co..x. 3% Dec 10 13% Dec 17 9 9% Dec 10 16% Nov 29 1% Dee ; 3 Swift International Ltd..., 4% 7,200 2 ,.-'.25 Jan Dec 1934May 9 5, 66 June 11 6% Nov 5 8% July 23 8% Jan 66% Dec 126 July 10 9 Jan 4 21 Jan 10 Dec 4 6 May 5«4 May 46% Aug . "~7%~May 12% May 1% Oct 9% May 20 May 2igJu!y 11 18% July 31 23% Jan 2 4 8 24% Sept 19 7% July 10 8034 Jan 8% Feb 8% Apr 12% Jan 12% Feb 65% May May 4% May 8-% Jan 10 ' 1 ^.10 Sweets Co of Amer (The)..50 434 23% 18% Apr 14 117%June Superheater Co (The). .No pat Superior Oil Corp—___1 Superior Steel Corp..:....100 1% 1134 1134 16% • Studebaker Corp (The)..._.l Sun Oil Co.-No par 4 1% 4 5 Feb 14 Stewart-Warner Corp.:.. 13% • 13% 1% 12 17 $7 cum prior pref i ..No par 124 124 4 14 434 2384 434 23% 60 2,400 11,600 13,500 1,400 Jan Jan Jan 12% M 32 60 Jan 2234 Mar 21 38% 334 Deo 2% 7% 18% 22®4 10% Dec 17 9 33 4% 113 1 May 2% May 9% vl y 6 Apr Apr 8 % Dec 18 ! Dec 25% Mar 3% Jun< 98 1% Jan Dec 4% Mar 20 2 Hi Mar 21 1 17% Mar 60 Apr Deo May 66% 40% 112% 7% May 6 Standard Oil of New Jersey.25 Standard Oil of Ohio .25 l 38% Apr 58% Deo 11% Jan 46 Standard Oil of Indiana....25 i Feb 26% May Standard Oil cf Calif. .No par j Apr 47 112 , Jan May 23% 40% Aug 1 11734 Aug 19 6% Jan 6 % Nov 17 Apr 72 434 May 54,400 11 . Jum Od Jan 3% 17 19 May 45% May 6 9 57% Jan Jan Jan 39 14% May May 23,600 9% 20% 84% • No\ May 33 4 6% Jan 59 Dec 11134june ..No par $4.50 preferred...... No par 9,000 6,500 1,100 4,900 Dec May J Conv $4.50 pref—.No par 5% _ 17% Dec 13 ____2 Square D Co 28 31 21 22 28 33,700 334 28 2 534 5% : 5% 33 2% 43% 40 -334 ; *31 32 ♦31 3% 3% 7 26 2534 % T3,2 7 25»4 26 9 11% 1134 98 98 26% 2534 7% 11% % 734 1134 »32 11% 7*7% 98 ! ,8% 11% I 3 5% Aug 25 Aug •• May *17% May 16% Aug 4% May 10% 27% 2% 18% 35% 7% 24% 32% 9% Jan Jan Jan Nov Feb Mar Apr Jan *11 7%. , 11 11 7'4 7% *19% 20% 18 7% 19 19 ' % 16 1 \ 16% 5% 5% 5% 5% *16% 4% 29% 7% 29% 29% 29% 7% 2934 7% 17 V 5 *11 10% Jan 23 44%Sept 25 43gSept 8 60% Sept 6 5% July 30 40 Aug 20 30 June 3 May 42% Feb 584 Mar 20 June 35 38 May 21 1 10 ..100 3% Dec 10 Jan 17 30 6 2®4 Feb 7% 6 6 4 Jan 6% Dec 1,500 3,500 Thompson Prods Inc..No par 34 9 1,200 Thompson-Starrett Co.No par $3.50 cum preferred.No par 2434 Nov 13 i % Nov 13 V7% Dec 10 14,300 Tide Water Associated Oil-. 10 9% Mar llu % 34 6134 6% 11% 7% 29,800 Trl-Contiuental Corp....:..l 8,400 20th Cen Fox Film Corp No par 9% Jan 30 5 May 23 1934 400 $1.50 preferred......No par 16%May 20 Twin City Rapid Tran.No par 6 6% *11 11% 17 434 29 ; 62% 6% 19% % 7 30% 19% ,6134 7 63g *11 7 7"- 19% *19 700 $4.50 conv pref TImken Roller Bearing.No par 520 1,900 100 Trans'america Corp ...2 Transcont'l A West Air Inc. Truscon Steel Co.. No par ^..10 9 35% Sept 6 51% Jan 2 5% Jan 13 1 6 Dec 17 ,f-9 6% Mar 25 % Dec 9 6134 Dec 19 $6 preferred........No par Truax-Traer Corp 9 Jan 11% Dec 17 99% Dec 2 95% Aug Tlmken Detroit Axle........ 10 8,000 8,900 Jan 10 1% Jan 18 18 27% Feb 19 3734 Dec 9 4 Dec 1 No par 5,700 Jan Feb 19 "4 ' 2 17% Jan 10% Aug 21 2 75 9 9 Jan Jan 7% Sept 17 11% Aug 9 17 9% Sept 24 Dec £4 3,700 Twin Coach Co 2934 29% 5,500 Under Elliott Fisher Co No par 29 Dec 10 37% Sept 17 8 8,700 Union Bag A Paper....No par 7 Dec 10 23,500 Union Carbide A Carb.No par 60 Feb 14 Jan30 1234 Jan 4 79% Sept 17 II584 Nov 3 Dec 10 112% Sept 30 lOO 16 1 34 Dec 10 Feb 13 4% Dec 9 Jan 8®4 May 81 May 18 May 35% May 12 May 9% Jan Apr 2% Jan 9984 ; Dec 34% Dec 52% Nov 4% May 10% May 4% May 7 Mar 21% Apr 1% May 234 64 Aug 3% May 6% May 5 May May 14 6% May 5% 7% preferred. 23 l%May 13% May 5% 300 38% 13 "11 17 400 16% 5% Apr 25®4 May 1 May 8 May I84 July 31 27%Sept 9 *% 16% 29 " i»u 16% 434 .» Nov 4% Jan 1% Dec Transue A Williams St'l No par X62 Feb 3%June 30 400 , Mar > 4 2% June Thompson (J R)..25 Third Avenue Ry.. 7,700 % 53 Dec 36 700 ""800 9% 8% 64% 6% 6% 19% <■.;■ *% '*16% 434 * 9 4 Dec 12 preferred Dec Dec 9 97 > 11% v conv Jan Jan Jan Jan 12% 18% May June 2 Thermoid Co 5 5 No par :...10U Preferred. July 22 Apr Apr Nov 32 ; pref..::.No par 8% % • • ; 6 conv 91.1 834 13ie *9% i*8 6 64% $3.60 The Fair...:....; 9% 9 9% 6 Thatcher Mfg Co.....No par 038 Aug 14 May Mar Dec 7 4 10% 64 534 Dec 10 42% 10% *8% 534 4 334 Feb 18 4% May 33 Apr Mar 5% 9% 47% 4% 37% 8% 6% 3®4 July 5% Mar 1 4 1034 9% 64 9 30% Dec 10 Texas A Pacific Ry Co.... 100 Texas Pacific Land Trust 6 2% May 26% May 6% Oct 41% 11% 3034 - 9% Sept 2 46% Dec 6 4%May 12 38% Sept 12 734 July 28 Dec 303g 30% 741% 4 64% 534 11% 9 6 31% Feb 19 Dec 9 ■:» 2 5% Nov 19 38% Aug 22 Jan 40 4% May 28% May 2% Dec 4 3084 44 4 ; 3»4 Jan 10 Dec 19 ; 27 ' 43% 98% 30% 42% % Texas Gulf Sulphur...No par Texas Pacific Coal A Oil.^.lO . 1% Dec 10 3%May 10 9 Texas Co (The) .......25 Texas Gulf Produc'g Co No par 9 4 98% 4 *5»2 3% Dec 1 •734 11% 97% 30% 31% - % ; 7% 16% Dec 12 Corp 5M% par tic pref...;;... 50 Telautograph Corp. :....5 Tenuessee Corp 5 $3 dlv 1% 5% 26% 900 32 5% 44% 04 3% 1% 4 »ie 64% 6 *11 11% 7% > 7% *19% 21% ♦% 1 90 3% *31 30% *8%, 40 1% 134 534 4134 1034 900 5% *5% • 300 53g *1% 5% 900 3 *1% 2 1,800 33 *2% 40 32 5% 6% 53g 5% *30 2% 42 30% 4 16 5'g 34% 23g 42% 4% 4 10% »ie 5% 6% 30% *97 64% *5% 7,800 10,400 5% 534 98 8% 'V 8% y 6% 31% ,30% 41% 4 2,000 22,700 6,800 9,300 6-% 3g 11% 699% 8% 43% 2% 31% 2 6 2% *42% 384 ' 11% 8% 5% ■'t 200 43% 2% 6% 5% 6% 5i2 1% *1'4 8 43% 31% "i 5% ;6 400 27 7 28 1% 8 2 31 6%. 5i2 • 334 43% 2% .31% 4% 28 1% 7 44% 2 *7% "3934 *107 105 "41 3934 109M 105 , 69% 7% 70<% 69% 70% IH84 11434 108% 10812 *108% 109% 14 1334 13% 1334 62 61% 60% 60»4 115 *114 - 8 *7312 *934 24% 32% 75 73% 74 10 *9% 24% 24% 25 33% 33% 35 934 ll3g 11% 1034 11% 11 • 10 10% 10% *110% 112% *110% 112% 100 5434 10834 11134 105 10834 3734 *16% 3734 ; 37% *16% % »« 14 -1434 14 1019. 7% 734 70% 7% 68% 7% 69% 7% • 6884 6984 11534 *11234 11534 11434 *112 109 *108% 109 10934 10934 ; 10934 10934 109 13% 13% 13% 13»4 13% 13% 13% > 13% 60% 61% 60% 60% 61% 62 •60% 61% 74 74 • *74% 76% .*74 74% *73% 74 10 9% 9% 9% *9% ; 9% 934 934 25 25 25 25 25% 25% 24% 25% 34% 33% 34% 3384 33% 34% 34% 3534 10 10% 934 9% 9% 10% 10% 10% 10 10 10 10% 10 9% 10% j 984 38% 110% 110% 37% 3734 17 *16% „ 14% 29 ' "j 69 71% II434 11484 ♦111 '% 17 30% 7% 70% ' Tor footnotes see page see page Spiegel Inc. Mar 6%July 69 July 22 July 3934 July 38% July 13% 17% 1% 384 60% 3 43 '78% 8 4334 : % 9 - 99 O . N Y Queens El Lt A Pow 3 >4s. .1965 UN For footnotes Spicer Mfg Co...No par $3 conv pref A No par Dec 10 30% May "l5% "iaii 9% Nov Jan 82% Mar 5-% Apr 10% Apr 13% Jan 25% Jan 3% Apr 30 Apr 13% Mar 2934 22 J *lBt & ref 4ksser of 1927.. .1967 J D t ♦Harlem R A Pt Ch 1st 4s. .1954 UN .... 28 Jan 31 *34 '•<> 38% 5% ; *7% 41 10% 3334 48 J .1940 A O tfNY Prov A Boston 4s 60 2 5 21% 234 44 334 *1% 5% 26% % / 40% 32 ' 26% 26% ■ 3% 1% *5 7%6-7% 10«4 11 98% 98 34 30% 31 ", 28 O .1948 J .1948 J 4.* N Y A Putnam 1st con gu 4s No par Spencer Kellogg A Sons No par Sperry Corp (The) v t C-....1 May 42 32 43% 334 *31- 5 ♦% 101 22 >4 5 ♦Collateral trust 6s ♦General 4s...-— Jan 30% May 152% Apr 6®4 May 8 May 30% 38% 2% 47% 3«4 134 - 5 2534 57 5934 .1947 M S .1956 MN ♦Conv deb 6s....... t»N Y Ont A West ref 2 200 111 '8 1% 19,000 3-% 37 34 .1 500 300 35 115% ♦111 4% 4 No par Sparks Wlthiugton 8pear A Co....— 58% 58% 3% 19% Feb 14 23% Mar 13 vl $5.50 preferred 19% 11% Feb 15 .....No par Mobile A Ohio stktrctfs 100 200 75 18% 293g Southern Ry 2 21% 3% *1% • 2 8% -44% 2% 31% 6% 7 5% 6»4 5% *34 2% *2% 4% 35 ' *3112 134 . f, 78 .1947 M IS .1965 J Non-co nv deb 4s ♦Non-conv deb 4s 1 Aug May U .. ... ♦Convdeb3>4s Jan 16% 23% May 13% Sept 17 H84 Aug 1 19% July 31 36%Nov 24 37% Oct 9 Jan 8 43% 29% -28% "28% "29% 8% 31% '47% i*434 .6634 .1954 A — ♦Non-con v dcb3>48 ♦Non-conv deb 3 >4s 3 27% Jan 10%May 10 JN Y New Hav A Hart RR— ♦Non 16 Apr 2% Mar May 128 Mar 31 150 30% r- . 100 2134 I 3% 61% 126% !124% 124% : 8% .--4-V :4% 60 :5934 8% preferred 54% 4% 384 f 60 ,3734 " 44% *2% 31*4 2; -2% *44 10634 11034 10734 H034 4934 5334 5034 65 53 a;13 Der 7% May 1% July 42% ' 2634 6934 100M 10534 64 62 .1973 MN ♦N Y L E A W Dk A lmpt 5s. .1943 J v Jan Feb May 10 30% 5 3% r 43®4 31% 2% N Y A Erie—See Erie RR N Y Gas El Lt H A Pow g 5s So Porto Rico Sugar...A"o par Feb 19 21% '■ 5 434 334 . 2 2 8 44% *33 6 36 ;■ 9834 102 M 60 75>4 107*4 6,500 1% Dec 10 103.1 55% 4% ' NY Edison 3>isserD.—— .1965 A 0 1st lien A ref 3 Ms ser E — .1966 A O 13 *29 54% ; 3% .,-4 - V ' 334 29% 4 32 6% : 5% *6% *5% 7634 65 59 34 100 v5 - 2% 62% ' 68 7034 O S'eastern Greyhound Lines..5 10% 30 . 4% 31 6434 48 ■ 72 M 60 M A A Oot 11% 24% 12% 5 14 9% 10% 30% 44% 39 7 30 ' „ •18 734 4334 • A South Am Gold A Platinum. 1 16% Dec 18 *2% 834 J 21% ' ?2% ' 23 *3%- - 8734 99"ji 101J4 i 54 34 70 5134 50 48 173 >a New York Chicago A 8t LoulsRef 4 >4s series C 50% • "4% I 4 r 4% 15 15% r: 14% t 13%; 1%. 1% / 1% *1% ,12 *llu 12 13 12% 17 .19% 20 17% 17% *3 <; ■*: 3% *3 3% ; .3% 23 "23% J 23®4 23% 24 "• 19 18% *9 1934 i8%; 4% 4% r 414 74% 4% 18 31; i 4634 46 >.{ 41 J NY Cent A Hud River T07V 260 49M 92*4 41 M 92 M 56 r 126% 4 11% 22% 17% 4% . 11134 46 M 7% Dec 10 900 1,600 Southern Pacific Co...No par % ] 10%; 10% 32 15% 1% 6 434 *1% Gen gtd N Y Cent RR 4s series A-1—1998 F Socony Vacuum Oil Co Inc. 15 8 Jan ' 13% Feb 28 25%July 31 15 Sept 18 18% Nov 28 IO84 July 22 2% July 25 19% Aug 15 23% Dec 8 114% May 44 3334,. 4734 32 ,46 Newport A Cincinnati Bdge Co— * 90,600 9 > 22 07 105 4434 " 4i"; -43" 39 Smith A Cor Type vtc.No par Snider Packing Corp...No par 10% May 6 Jan 27 45 34 " 41 1-,. ♦Certificates of deposit -— ♦1st 4 Hs series D 1956 ♦Certificates of deposit.*... ♦1st 5>4s series A1954 . 48 4634 46>4 ♦124 1% 11% *3 38% *30 55 4% 6 5 334 3»4 ;4 4?g 1 5% 334 ■' 3% *5858- 5934 161 j 18 ; -v 3534 41 40 M 54 4 1% 43®4 31; > *• 124 15 4 3934 31 -3% ;r; 4 3934 .07- . 3434 42 40 M, 40 % 1956 —.— . 3334 1 *lst 5sscries B.a..':*—*#-.-1954 ♦Certificates of deposit-...- i 800 23% May 120 Jan 114 14% Feb 19 Nov May May 112 Feb 5 Jan 2% Apr 12% Jum Feb 15 95. 112 Southern Natural Gas Co.7.50 15% 30% 36% 1% 1' ' \ 1:1 10%- 11% 139 >'5% • 124 i •v, * 700 31 Southern Calif Edison.....25 33g 33% hi . 30% 3»4 V 3% 5934 5934 * 76- 68- 73 . 10934 10434 10634 104 M 10634 35 M J JJ*N O Tex A Mcx n-« Inc 5s—1936 "3", 100 18% Feb 19 ..15 $6 preferred ...No par Smith (A O) Corp.. ..10 24 1% May 17% May 2,700 58% 37 ♦111 115% *111 115% ■•4 > 4 ' *- 4% •;4'V;-'4% *109 ill Mil 111 111 21% 5 *334 % 82 '.V« Sloss Sheffield Steel A Iron .100 3% May 12% May 10,900 35 58% 3% V ' 11% 64 > 80 65 •• 8kelly Oil Co.... ; 4 38,900 17,700 *33% *33; 31 58% -58% <11% 31 7075 12 80 10534 Slmonds Saw A Steel..No par Apr 40% Feb 13% Jan 6% Nov 10 20 18 35% Oct 30 10% 19% 30% - 1-- 1% 10 10% : 44% *30% 118M 12734 107 76 *75 H >4 Slmms Petroleum.........10 Jan 66 ,' 7% Mar May 7% Junt 16 10«4 36% 1% *18% 2934 • >396 V.39% 12334 13134 -> "22 107 >4 * 74 H J 13 80 167" J O 20 118M D M N N J Junction RRguar 1st 4s... 1986 F par 16% 75 18 113 sie 21% 30% 21% -4% New Eng Tel A Tel 5s ....No 34 10% 14% 234 ' *2% ••2% • ' Natl Supply Simmons Co 200 30 16% 10% 14% 29% 28% *33% 1% 36% r 1% *2% 11 9% 14% 75 3% X 4% 1% 10% 12 t " 14% 30 18 18l2 31% J. 30 35 33% 36% *109 ' •■i 115% ♦111 #a? ~ 41 , 1034 11 10% 75 *1734 31% 33% 58% , 334 ♦111 115 234 18% 36 86 ' 35% *111 i- Nash Chajt A St L 4s ser Nat Dairy Prod 3%s debs —15 Silver King Coalition Mines.5 7,200 6% May 40% Aug 4®4 May \1034 17% il6% 1734 ♦33% >1% *2% 75 3% 334 40% '41% 3% 1% 2% *58 '-',58% *58 ?;,< 36% .1% 30% x33% 30 ;> 30-%l 6*33% 4 35 44 - *33 •: 391 1% * H4 *2% 2®4 *-- *—'>•75 I7I4; 17% *17% ». "3834 v H 35 ..34 < , 39-. *45' '! Conatr M 5sseries A.i.....l955 UN . M O Gen A ref s • 77 M 60 ♦45 Gen A ref 15 31% ,14% 30% *3212 1% 2% 31% ,*32 . ■ 14 ' • 30 " v • | ♦Montreal Tram 1st A ref 58.1941 17 ' • 17% 18% 11 * 11% 11% 10 / 10% 10% 15 :715% 1.14% 29 ' 30% 3l3g 11% <10% 102J4 107 M ' • -> 10334 104M 111.M 109M 8hell Union OIL. 6,900 3 7 5 19 57 ' ' 10834 11134 11034 11334 111 104 H D 7 .- 8,800 4,400 31 • 104»^J05M ——1965 — 89 41 1 104; 109M Montana Power 1st A ref 3*48-1960 J 7934 12 44 .103 >4 19 28 M 28- -'..19M IV 4 81 >4 : 44 S A 163 21 M 24 ?4 23 >4 V. 23 Yi MN Monogahela Ry 3148 ser B.I...1966 F Monogahela W Penn Pub Ser— a* 21 M A 120 3% Apr 23 5% Nov Dec 51% Feb 27 !. 59 6% Sept 4% Dec 10 40 Jan 34% Dec 15 1634 Dec 10% Jan 21 '5 Jan 284 Dec 9 21% Jan 12% Dec 9 1 Nov 12 2% Jan 22 Oct 10 30s4 Nov Shattuck (Frank G) ...No par Sheaffer (W A) Pen Co .No par 700 - *lst A ref 5s series I....—..1981 F 400 3,000 28 ■ 29M , 4% V4% 43g >4% 34% 34% .34% 34®4 15%-. 16% 16% 16«4 *3 -ti 3% 6*3 3% V 12% 13% .,1234 13% *1 •: 1% *1-. ' : 1% *25i2 27 20% .27 V 30% "81? 31% 31% < i 5% 57i2 143« -*57% .... 2834 134 .20 37 58 *57% 4% 34% 1584 5% 5% 5% 58V, 100 *97 99 *90 100 *96 '• 100 99% *96 .v 99% •'96% 90% ♦IU84 *111'4 *11134 iu:X *11184 *11112 *11134 19% 20" 20 V 21% 19% 20 •':18«4 ,19% 21 *17«2p l»i2 -f 18 .41% 11% ♦1034 1134 **■'. lOM1-1" 10M 11% -11% *11% 1134 12% :-n% 15 15 10 S15 15 1 15% 16 *15% 16% f' 16 15% 15% 8% 8% 8% 8% V; : % t 8% • • 8% 8% ,8% lf 8% 884 1% *1% 1% 1% 1% v-1% 1% 1% log :;x*ii2-- 1% ;i% 15 15 *15 1534 1434 1434 15;" 15% r 15 ; 15% 15% '• 15'2 • 21% 21% 21% 2134 2134 22% i 2134 22% 2iv 221$ -21% 22% *134;; 139% *134 136% 133 133 139% 134 *- 134% 133% 133% *133 ' 2934 .. 1934 ■ '• - 2 I'M ♦Certificates of deposit...—.. , 5% 57? ■: : 1,V"L •-K 21 >4 • i"- .12t2- T278 5% >-57 V *'' J Missouri Pacific RR Co— '■}, ♦1st A ref 5s series A...i_:_1965 !v- ' 101 % 13% 15% 16% % •s? 13% 1334 .* 14% 1618, 38 36 16% " 110 110 * 110 no 35 *10834 11034 37 *37% 37% *14% I684 *15 16'4 % »»•. 13% 13% ... % 13% » 13% 70 130 8,600 15,200 900 500 2,800 20,600 13,500 4,200 110 Union El Co of Mo $5 pfNo par aliia4 Pref $4.50series.....No par 108 May Feb 183g 88-% Apr Jan 116% Dec .25 12% Dec 10 16 17% Jan Union Pacific RR Co 100 60% Dec 19 85% Jan 10 71 May 98 Apr 100 85% Jan 13 13% Jan 2 70 June 89% Feb Union Prem Food Stores Ino.l 73 >2 Dec 11 9 Dec 11 13 Dec Union Tank Car 2484 Dec 31 22>4 Jan 2834 Dec 10 44% Jan 4% preferred No par United Aircraft Corp 5 Un Air Lines Transport.-.--5 9%May 15 9% Dec 10 United Biscuit Co.....No p,ar 5% preferred 100 United-Carr Fast Corp.No par United Corporation...No par 109 United Carbon Co.....No par 200 31,100 105 45 Union Oil of California 2,300 168,000 21% June 9% Mfiv 59% June $3 preferred, No par 35 May Dec 18 15% Dec 17 t % Oct 20 13% Dec 18 Sept 17 July 28 9 9 31% July 12 May 12% May 108% Nov 4 42% May 12 May 17% Jan 1434 July 24 113% Feb 6 52 Sept "l2*"May 21%Sept 3 1% Jan 7 30% Jan 10 1% Dec 26 Dec 16 July 29% May 53% Apr 23»4 Apr 18 Apr 111% Dec 65% May 20% Dec 2% 42 Apr Feb NEW YORK STOCK Sales L0\V AND HIGH SALE PRICES < Dec: Dec. 2 42 *39 * 2 39- 39 4% 33% 71% 31% 31% 71% 4% -4% 4% *31% 70% 4% 71 12% 12 2% 2% *• 83 j *30 13 8% 8% 6 37% 37% 37 37 6 >« *33 3 : 223% 22 *20% 6 21 22% 23% 22% 21% *27% *20% % U R Leather Co.. 61" 2,300 22% 20% *27% 23% 22 21% % r 5S 13% 17% 17% •% 13% 17% 16% 85 80% 82 80 81 80 45<4 *70% 47 43% 43% 73 *70% 72% 59% 51 i:47% 47% 73 73 *70% 73 22 51% 50% 113% 114 21 20% 48 *47 51 50% 112% 113% 21% *47 51% 51% «U *41% 48: *41% 48/ *42% 47 *14% 10 *15% 16 *15% 16 16 *49 49% % 49U 49% 43% % 151 *143 151 *143 155 *146 155 *146 % %a *12% *14% 16 i 14.3 C nrp United Stores class i _ . i D3C19 ; 1 47 7034 Jan D3310 29% 42'2 Jtim 1% Dcr "/TV May 7 ' 4 4D 16 12 -May 10 I, 16% Jan 10 » 64 8% preferred.... >.....-100 140 May 20 ; 157 t.Jan 21 Universal 1 ijtares 1st pref.100 133 Jan 17 162 -Oct 31 ^ 39% Apr Apr 63% Deo 18% Nov 2% 70 ! May •134% June 69 i Juut Dec .2% , Juni 46 Apr 50 ;»12% May Sept 22 Nov 130 l)w Jan 159 %« *•% 25 18 13% *10% 10% V"' % % 25 25 18% 18% 18% 17% 10% 10% 25 *23 18% 9 18 ' 25 19 5,500 *»>. 10 600 1,100 22 22% 22% 21% 23% *22 22% 1 22 22% 22% *22 112 112 *111% 116 111% 112 *111% 114 *111% 114 1*111% 114 41 41 41 41 *40 *41 42% 40% 40% 42% 42% *40 57 *.... 57 57 57 *—. 57 *..:_■ 57 *-»-. < 85 85 23% *1 1 23 1 85 128 23 1 1 23% 23 12% 13 *31 31% *33 *28 31% *28 12% *93 93 *132% 150 93 *91 lo *132% 150 *132% 150 *132% 150 *132% 150 6% 6% 18% 18% 6t2 *18 *104% 105 4 32% *13% *2% 4% 13% 13% 32 *2% 30% *911» 110 •''Vii i *16% 17% 17 5 4% *65 16% 4% 69 71 5 --V ; % 16% *16% % 16% 35 *33 35 16% *32% 14% 15% 70 17 % 17% 17% 35 35 35 35 35. 15% 14% 14% 14% 12% 12% 11% 12 12% 211% 1% 15% 14% 12% 12% 12% 12% *12% 12% 12 12% 12% 11% 12% 12% 2 *1% 2 "20/ 20% *89% . 2 2 70 *85 92 *104 105 *91% 92 *112% 112% *15 16% *102 106% 24% 24% *2 2% *4% 6% "20% 70; *85 "20% 20% "l9% 19% 70 *69 70 *6912 70 911 *85 91 92 104 92% 104 " 112% 112%' 16% *15% %» U85 25 I%8 25% 25 15% 16% 16% 16% 75% 77 75% 77% *28% *29% 109 125 *119 30 29% 29% 30% 109 *107 125 29% 104 93 1632 U35 25% 25% 16% 16% 16% 16% 77% 78% 75 77% 29- 119 29 30 30 30 109 109 109 *119% 125 30% 108 *52 61% *55 61% *55 *30 90 *30 90 62 62'2 *12% 13% 3% ,2% 62 *12% 13 13% 14 13% 3% *2% 25 3% '■•• 3% *2% 2% 24% *62 90 61% 62 62 90 24% 62 3% *2% 2% 14% 13 13% 2% 54 *44 53 20 20 *18% 20 1% !% 3% 1% 1% 1% 5^4 i% 5% 1% 6% 6% 5% 6 5 5% 5 !•> 5% 5% 5% 5% 6% 5 24% 16% ... *46 *50 66% 21% 25% 25 26 17 >8 113 51 53% 90 90 58 56'2 65% 65% *112 21% ♦100% 130 *91 *65% *112 21 21 25% 18% 5% 26% / West Penn Pr Co 4 200 .: West Va Pulp & Pap Co No par ■ 4,600 900 1,300 .. 3,800 White Motor Co._j_.l White Rock Mln Spr Co No par 5,100 White Sewing Macli Corp_..l 1% 1% 5,900 5% 5 5% 13,300 6,300 400 65 65 *112 a.'-".- 20% 20 20 24% 25% 24% 25% 17% „ 17% 140 *100 140 113 ♦90 50 50 *48 51 W 800 38,800 3,400 113 *46 57 57 56 *50 56% 53% *51 99 99 100 55% 58% 254% 53% 53% 100 53% $5 conv prior pref...No par Mfg(The88).20 54 conv preferred....No par 206 5% 65% 118 "Too 200 ie lstco isg5s.. Guar stpd cons -1946 j 5* 18% 18 12 12 *95 6% 32% *71 10 116 7 32% 81 10 *95 6% 32% *72% 10 18% 17% 17% 12% 11% 12% 116 7 33% 81 10% *105 6% 33% *75 10% 115 6% 31% 81 11 *110 16% 17 16% li% 11% 11% 112 6% 31% *75 10 110 .1962 J .1946 ./ D 63% Dec 10 Pf|Ior preferred..........20 1J% Dec ..5 Wlllys-Overlaua Motors 1 6% conv preferred.......10 Wilson A Co Iuc No par $6 preferred ....No par Wisconsin El Pow 6% pref.100 Woodward Iron Co.......-10 Woolwortn (F W) Co -10 Prior-pref 4)4% scries..100 Prior pf 434% conyser._ 100 ■4/% Dee 11 8 50% Dee Apr 53 53 1,900 Wrigley (Wm) Jr (Del).No jsar 53 Dee 18 14 1 O 107 107 J b 108 H 1084 J 1st M Pat A Passaic O A E cons 5S..1949 Apr 75 Jan 110% Pennsylvania Co— ! ; / Guar 3Hs trust ctfs C-—.. .1942 J Guar 3 >§s trust ctfs D.... .1944 J Guar 4s Apr June June 198 Jan 120 100% May 105 Dec 14% May 15% May Jun ">28% Jan '28% Jau Jan 140 Nov ,'•27% May 103 85 6% 33% 81 10% 6% 32% *75 9% 15% *6% 6% 32% 33% 81 10 16% 2,500 Yale A Towne Mfg Co....:25 12% Il,i00 Yellow Truck A Coach cl B..1 210 Preferred......—100 111 *75 10l4 6% 33% 81 10% 2,300 13,800 -r 5,600 Young Sprlug A Wire..No par Youugstoe.t S A T 5 No par 34% preferred series A. 100 Youugst'n Steel Door..No par 10034 107 1043* 1053* •10234 105 61 < May 19 10734 al¬ 1084 70 ios •- 102 1014 .1968 J I) 108 '4 108 O 44sseries D...:.. .1981 A O .1981 J J .' Gen mtge 44s series E 34s....:....... .1952 14% May :• ♦income 4s i.......Apr 1990 Apr Peoria A Pekin Unst 54s.~-1974 F A lstscr A 5s... 1956 J J i...l950 J J Jan 3 31 88" 89 4 108 97 4 97 4 994 38 97% 984 38 82 83% 176 •98 '4 83 1124 113 "l7 374 38 67 *1074 4 Apr Phila Bait A Wash 1st g 4s... C.....1977 ' 3% May 3% 3% 6% 7% 70 J 76 120 115 1104 37 89 *14 24 * 1024 1054 ... 105 24 21 212 52 200 June Jan 121% Mar 16% May 34% Nov Series B 44s O 10014 10034 Apr 24% May Series C 44s guar...1942 MN Series D 4s guar....... 1945 i/N 102»%5 Pittsburgh Cine Chi A St Louis— 42% May 13% May guar.........1942 4 65 June 102% Oct Series E 3 4s guar gold.!.-.1949 F 60 July 95 Oct Series F 4s guar gold.. .4..,1953 J h 29 Jum, 58 Nov 21' 39 Jum 65% July 24 91 Jum Jan 11 73 1 .-.r A Aug 21 July 30 73% Aug 21 130 75% Aug 93 May : 22% Jan 8 ' Apr ...1970 J Mav 6% Jun 4 1 B.1975 4s series C...1977 1 O J J 2 121 103 121 107 106 106 1003* 1003* 13 11 7 Pitts Coke A Iron conv 4 4s A.1952 W S 10134 103 3* Jan Pitts steel 1st mtge 44s... ...1950 J I) Pitts Va A Cnar 1st 4s guar ..1943 UN 100 100 *1053* 6% Sept 14 Apr Pitts A W Va 1st 4 4s ser A - 1st mtge ..1958 J 44s series B... ...1959 4 i> O 26% Juue 48% Jan May 99% Deo 1st mtge 4 4s series C.., ..I960 A 0 12% May 28% Jan Pitts Y A Ash 1st 4s ser A. ..1948 J ..1962 F b 80 *993* *106 D 5i series A Jan 25 15% May 9% May 08 *11334 111".'. Series J cons guar 44s..... 1964 ,tf N Gen mtge 110 >1 N Series H cons guar 4s.......I960 F A Series I cons 44s.-...--—.1963 1» 4 Oct Apr 129 Series G 4s guar...........1957 - * J 8 J,-;. 65 *06 34 6 58 58 58 34 563* *102 m 4 * W 01 .... A 120 34 12034 5 ..1974 J D *993* ..... .... 1st 44s scries D -1977 J D 1st gen 5s series B ' *8% 2 8% 8% 8% 9 9 8% 9 8% 8% 2 2 2%l 1% l%l 1% 1% 1% 2 ♦Bid aad asked prices- no sates oa tils da/, J £.i riis»/ersiip. 8% 1% Dee 10 8% 2,000 Zenith Radio Corp....No par 8 2 5,U) J Zo dte Products C irp.......l 1% Apr 23 d Osi. ddlvary, h Now stoic, / Casi saie. x alc-dtv. u 3 3% Oet 25 15% Apr 8% May 17% Apr Mar 4i« At r 2 Ei-rlgJ^s. 1 ^ Called for redemption. For footnotes see page 1619. ' t u 7 28 34 734 83* 3 734 99)4 105)* 10534 30 1st gen 5s series C. ih 1634 33* 234 Mar 45 116 147 9 10834 10534 109 11634 12034 1094 Nov 26 I- 1 5734 74 563* 74 105 113?.* 115)4 Sept 18 7 34% Jan 7 25% July 22 93i 83 3* 10734 110 100 10734 1083* 112 3 J . 110 65 2 2H ♦Certificates of deposit Phillips Petrol 14s debs...... 1951 J 23* 100 54 77- 33% Jan : - - 5434 31 2 4 Apr 3734 115 54 J 111 1123* 118J* 1044 14 J 94>4 1043* 913* 80 1084 4 f 4s-.4.1937 105 95 103 4 4 s 10734 116 8734 9734 104 4 t§*Phlllpplnc Ry 1st 10834 1144 "22 Apr 98 100 107 4 J J 1143* 88 1193* 12534 1074 J .... 14 - ♦Cbnv deb 6s......1949 If 8 Jan Apr 46 59 1054 1054 A 4» series D.. 11)81 J D Philadelphia Co coll tr 44s...1961 J J Phlla Electric 1st A ref 34s...1967 \l 8 Ge neral 4 - 584 57 4 1943 UN General 5s series B.........1974 F General g 44s series J 80 ' 574 1054 Jan 1 ^ 674 65 109 12 3 4 24 24 "65 111)34 10434 1073* 1103* 115!* 107 114 *112 112% 374 574 574 • Oct 1% O 1084 83 1054 v Jan 1% .4 Peoples Gas LAC cons 6s.... 1943 4 0 Refunding gold 5s .....1947 M fc Peoria A Eastern 4s ext1960 A O Pere Marquette 1st 4s series B 101 1034 1st g 44s series C..I..'.":-.1980 M 8 il7% Dec 11% Apr 7% May 67% Mar 24% May 7% May 4% Mai 88 13 Phelps Dodge conv 34s deb. —1952 J„P .11% 7% Aug 3% May 43 120 D General Conv deb 2 1104 914 1194 .1970 A .... Debenture g 4>5s. ...... 120 90 90 .1905 J General 5s series B . 110 4 1104 4s sterl stpd Gen mtge :• 1104 .1948 M N Consol gold 4s 104 4 *100 Pennsylvania Rlt cons g 4s.. .1943 d/N Apr Nov 100 105 108 4 115 » 17% Jan 10 Jan 10 Dec 18 1120 12% Jan 11 5% Dee 10 42% Jan 6 29 Dee 10 95 Aug 5 81% Dee 4 18% Jan 6 9% Dee 9 10% Dee 10 26 1054 t4Phlla A Read C A I ref 5s...1973 23 1122 80 19 15% Dec 102 4 74% Nov 35% T8i8 May r 1014 107 4 Apr 118 2%May 12 2% Jan 11 6% Dec 15 7 Sept 17 106 3* 110 1034 Jan 1 .Jan 26%JuIy3J 105 *1024 5 May Jan 104 13 105 4 General 4>§s series A May 5% Jan 10 54%June28 1044* 2 106 \ 1074 Apr 110 8% July 11 103 1C4 106 4 J Apr 8% 963* A ..i.. 40% . OS 101 O dollar May 1 .1948 M N 34aseries C.... .1970 A O Consol sinking fund 4>5s... .1960 F -4 • 126 118 .4 .1981 J 4>is series B. 25% May June % ■. 92 4 6034 .1974 F '• ' ,'21: 1 9 118 D D 1952 M N E trust ctfs:.. 52 4 Penna Pow A Lt 3>5s....... .1969 F Oct i- ser 8 Apr 115 80. 2 1942 1/ f 7s 4>5s debentures 96i2 May July 23 s 101 >4 1053* 0834 1003* 4134 57 122 1054 108% May Veil May v.; 1944 A 7 30 *105 .26 15% July 25 f g 3s loan *1024 /76 Jan s 90 1003* HOJ* 1073* 111)4 104 10534 « T-./ Pa Ohio A Det 1st A ref 4>§s A '77 A <29% 15% May 91 ■ 80 h r 103 4 103 1034 .1963 F A 28 -year 4s... Peansyl Glass Sand 3>5s..... .1960 J D Mar 22 Jan 14 "1054 . 24 108 4 Paducah & 111 lsts dg 4>5s.^ .1955 J V ► 107% 34s scries C-s.. .1966 Ref mtge Feb Jan 4% 80 Dec ^ 68% Aug 9 2 874 *84 '4 J Pacific Tel & Tel 3%% «er B.. .1966 Deo 24 May 2% May 2% May Jan .1938 J 85 92 May Dec 10 30 1014 84 4 118 4% May 76 Mario Jan 18 1004 92 80 30%July 31 24% Dee 10 i 16 106 4 1034 A 118 Dec ■ 9i 1054 D g Vf 8 " 7% preferred A 100 6% preferred B..i.._.._100 D 4s. .1938 F {♦Pac RR of Mo 1st ext {♦2d ext gold 5s ♦PaulLsta Ry 1st 9 July 31 l%May 13 100 Wortulngt'n PAM(Dei)No par 17 45' May i 4a 107% 10 'J ' ■\ 65 11 1114 1074 44 50 I li04 1074 1054 99 108 19 1104 44 34% Jan 10 ; I) I) 99 50% k 60 87 H UOH 114 M 106 >4 1P2J* 105^ 111)^ 100 10831 83)4 91 2 : 814 814 Pacific Gas & El 4s series G.. .1961 J O 36% July 14 Aug 9 4% Dec 10 6012 D3C 10 109% Oct 17 20 ■ Nov 29 85 li.% 14 Parmelee Trans deb 6s.. 37% May f 38% Feb 109% Deo 80 Oct 1% Apr 16 3% Apr 18 85 Oct 24% July 22 l%May Wilcox OH A Gas Co Wright Aeronautical:..No par 111 J*. 19 78 76 Jan 112 10% Jan . 10% Dec 10 : 2% Dee i« ? 2% Dee 10 41 Feb 15 141) 17 ~ 106 M 106 j Pacific Coast Co 1st g 5s 5 117.4 L j Otis Steel 1st mtge A 4>$s... 2 107 >§ 113 Jat, Feb Dec May 31% Nov -6 t A or 100 12% 110 113 106 -1961 j Gen 4 11% 107 M j Ore-Wash RR&Nav4s..... Gen mtge 5s series 18 6 ... 1% 4% July 31 V 27% Apr 100 55% 11 *100 25% 11 May 3% May 5 29% July 22 27%June Wheeling & L Erie Ry Co.100 4,700 *90 55% 107 18% Feb 105 3% *100 100 [nstrument-12.60 2% 18 99 9 $4.50 preferred......No par 2,300 1024 20 66 30 7 117% Jan 3 20% July 15 10 Weston Elec 3 113 52 Dee Westvaco Cnlor VccA-.No par ' 1014 101% .. 55 4% 107% Jan 18 ! Deo 19 5% Dec '82 Feb 2 40 2% 1% 24 56 May 6 Jan F&b 25% July 31 Dee 140 100 * Aug 18 52 18 85 20 103 A ctfs1955 Paramount Pictures 48 debe.i.:1958 M S % May 13% Aug fij 74% Jan 18 r 104% A or 26 21% Apr ♦90 *90 Deo 10 15 60 *100 *46 80 31 Wneedng Steel Corp...No par 19 50% 4% I 6 Mar r' 5>3% conv pref....-—100 113 *46% *50% Nov 4,500 130 48 89 112 ./10 *90 43 1st preferred 100 17% 100. 700 5% 17% 4% 2(1 preferred... 100 6% pref. .100 Western Union Telegraph.100 Western Pacific 240 1% 11 103 30 Paramount Broadway Corp— r,' 2 Dec 17 ; 106% Jan 25 Jan 10 July 31 1115 91 25% *100 18% Western Maryland Co.—10 . 100 12% 13% .... 3 6 85 *18% 1074 Apr 20% Jan 5 700 53 1084 1064 .... Jan Feb Dec *44 108 ..... 1st mtge 334s... Oklahoma Gas & Elec 3%s.. 0% 20% 105 13% .1972j .1966 j .1946 j 1st mtge 4s / --- Dec 28% 141 130 17% 100 6% preferred Western Auto Supply White Dental 1084 1084 1084 Panhandle East P L 3s B.....I960 M N May O 25 107 4 . Feb May Dee .85. .1965 M .1967 M Jan 13% May 15 29 *104 4 — .1943 M 16% 20 71 29 18 5 4 4 -1948 j gu g 4s. Ohio Edison 1st mtge 4s.... 35% 22 .50 ...—50 53 . 17 Feb 6% Nov May 17% July 22 Westlnghouse El & Mfg 40 2 ... June 2% Sept 12% Sept 34% Nov Westlflghouse Air BrakeNo par *80% 113 *100 A..No par 7% preferred I 100 6% preferred...... TOO >3% pf.100 160 200 5<8 65% -100 - West Penn El class 5 *112 21% 25% *20% 25% 7% preferred.. 15s D33 16^4 Mar 1% 1% 1% 1% 80 3 21% Oct 22 38 Sept 17 23% Jan 13 De319 11 65>s Mar 9,500 20% 66 *65% *112 2l" Co.k.'i—•■—ft Dec Jum 3% : l%July 31 ■* 5 4 conv preferred—-No par 5 1% :: 1% 77 Feb 19 Wesson Oil & 8 10wdrift No par 150 "s 10 >■ 15,400 • 65 Waukesha Motor Feb 6 .. Wayne Pum p Co . 1 Webster Etsea|jhr.....A7p par 30 *101 18% May 9 l%June 25,900 , 20 *18% . . > ; : 6% Dec; 3 2 Jan 89 26% Sept.9 ■% Dec 18 400 1%S Sept 18 15%Sept 18 6% Sept 9 76% 3 *44 65 7 36 16% 13 13% 3% 54 21 53 61 2% 21 1% 6 9 D3C 14% Dec 19 lo% Dee 13 • 1114 1114 37 1st & ref mtge 3ser H.. .1961 J 1st & ref mtge 3>5s ser I... .1966 J Jum 6% Jan 3 > 12% 2% *44 1% i-..5 S3.85preferred...-...No par 60% 3% *20 1% May 2 -8 Dec 100 62% 2% 51 *1% 135 120 June 21 25 25 *12% 14 *12% 13% 3% 20 *112% 91 1074 Jau 9% Nov 1,600 119% 119% 29% *80 25% 13% J Warner Bros Pictures 800 1084 42 Jan Nov 75' 16% 29% 20 *1% 35 24% 16% 77% *119% 125 24% 3% ■%« \ 24% *44 2 48 110 23% May 104% Dee 25 69 *S8i2 1%2 16 25% *12% 13% s ..No par Class B 900 75 *44 <• 36% June - 98%June27 34% pref with vvarr....100 7% preferred 3,300 18 46 4 Apr 5% May Washington Gas Lt Co .No par 2 1084 1114 "474 Nov 15% ',16% May Warren Fdy & Pipe..-..No par 12% 30% 30 s *30% 31% 30% *103 1 108 108 10.3% *103 *55 *55 61% 61% 61% *80 24% 31% 120 May 6 300 11% 69 91 24 30. *29% 90 24% - 4 460 "18% To" 69% ll3J % 25% 119 5 4 2,700 , ; *% > 978 Apr tWarrenBrc8Co--....A'o par No par 53 preferred..... 104 61% 13 *1% 18% *88% 93 25 May 109 Jan Jan 4% 1% May >14 May 28% May 71 May 19 i4 Den 10 13% A or 19 2% Feb 19 11 574 464 .1946 ,/ i) -1946 j j 22% Jan Ward Baking Co cl A ..No par 12% 69 58 49 4 49 4 554 56 4 Oregon RR & Nav con g4s._ 105% Jan 500 113% 113% 16% *15% *30 *60 18% 69 91 91 *52 24% 1% ■ 39 '4 "43 4 "454 44 4 Aug 6U Doc 12 15% D80 9 No par l-.Nopar 1,000 14% 141 O 81% Mar 3 25%May 31 .' 37 14% 414 *33 (Mian) lst&ref M 3t5s.:...l«67 F A (Wise) 1st mtge 3>$8._/ j.,^.1961 If 8 Northwestern Teleg 4 >5sext... 1944 J J 4 66 394 39 4 Ref & impt 4>5sseries A....2047 J >J Ref & lmpt 6sseries B....:.2047 J' J Ref & impt 5iserles C 2047 J J / Ref & lmpt 5) series D.iii..2047 J J Northern States Power Co— 84 66 * 60 5 *12% F3b 13 17% 17% *35% 14% 12% 11% ... - - k' 1% 1% 20% 24% *119 - V Q Q Jan 2047 Q 1st A ref mtge 3s ser J._.i. .1970 J -100 Dlv redeem pref.No par 3,400 102 102 103 103% 104 92 92 <' 92 93 92% 92% 113 112 114% 114% £113 113 16% 16% 16% 16% 16% *15% 105% 105% *102 *102 105% *102 105% *102 105% *102 19% 18% 23 23% 20% 20%! 19 20% 23% '20% 2 2% *2% 2% 2% 2%! 2 >2% *2% 2% *5 *5 6% 7 7 6% 7 *5r *4% *4% 104 - %« % v registered.!........1.1997 "1 704 "694 ./ " F 3s registered............2047 Cl A 4s •: .1943 F 4 143 Walk(H)Good A W Ltd No par 133 i "ni h 17% h ----- 0 .1945 M N Jan Mar 27 135 Walworth Co.........No-par 50 • North Pacific nriorllen4s.....1997 117% Nov 42 105 2,500 28,600 .'v .1945 A ♦Certificates of deposit..... . 4s debentures..;........ 33% Feb Dec 17 2934 Dec 17 89 -Feb 15 10,300 70 70 70 70 70 % 17% 14% *1% D33 10 232 Vulcan Detlaning Co...:_100 3,100 2,000 cellation of guarantee) i : Mar W 71 % II 2 2834July 8 118% July 23 2334Sept 16 1878 Dec 10 Waldorf System *69 2% Jan ll4i2 Dec 13 Preferred... < 69 8i« %« *32 °3J '11 *%j 16% *82 4 ♦1st gtd g 5l...'w 1945 AO ♦1st mtge g 5s (stamoed can¬ Ore Short LI »i« D33 19 5% pf -lOU Virginian Ry Co.......1.-25 6% preferredi. .....25 4 $N irthern Ohio Ry— *39% May 6% dlv partlc preferred.100 200 123 *1154 Ontario Transmission 1st 5s. 19 ' 104 4 A Ontario Power N F 1st gu 5s. 60 - v Oct Aug 20 W algreen Co 128 1034 104 4 North Cent gen A ref 5v.. ii.... 1974 If 8 Ge n & ref 4 >5s series A j .1974 \t 8 Apr 27% Sept 10 2,200 104 4 104 62 66 1,900 1044 A 49% May Aug 20 Va Iron Coal & Coke *132% 150 ■ %8.;.........-.1961 1...1959 1284 1034 A 56% Mar 13 100 33 *29% 5 Debenture 8 1264 A 35% May July 30 Mar 29 Va El & Pow $6 pref.--.JVo par 90 100 6% 6% 6% 6% 6% 7% 6% 18 17% 18% 18% 17% 18 18% *104./. 105 105 *104 105 *104 *104% 105 4 4 3% 4% 23% 3% 4% 4% 32 31% 32 32% 32% 32% 32% 33 13% 13% 14 13% *13% 14 14% 13% 2% 2% 3% 3% *2%; 3% *2% 3% i>) *% •ai 6t« %2 98! % % 14% 15 14% 15 *16% 17% 16% 15% 5 5% 5 5 4% 5 5% 4% 3% 57 Feb a.% 66 18% 32% 13% 32% 45 43% May •» 22% Junt 112 July 8 2 19 May •-ilxr « 20 *6% 104% 105 4% 414 32% Aug 116 Juu* 25 > .6 I 6% 18% 6 Apr % Jan Aug 4'. • 3 Mar 26 57 1,100 200 *32 *911" 110 110 *92 *91% 100 July 10 Va-Carolina Cnem....JVo par 2,300 /' 114% 114% *11% 13% ' 28 20% Aug 4 11112 Dec 18 Dec 34% Jan 5% preferred.......... 100 20% 20% Mar 17 39%Ju.ie Victor Chemical Works 1,100 1 1 1 21 21 21 21 20% 20% *114 116 *114% 116 *114% 116 13 '2 *13 ♦11% 13% 13% 12% 13 34 34 x3 2 *32 33 32 33% 31 31% *28 29% 29% *29 31% 114% 114% *114% 117 31 •*15 Vlcks Shreve A Pac 24 24 • Dec . Nov t* 12 Apr 18 Vlck Chemical 300 85 *....,; 85 21 21 21 *:.„. 23 a;23 1% 1 1% 20% 23% 23% 23% 85 I h Aug 28 ' 15'2 Dec 9 8i2 Dee 18 -15 7% 1st preferred.j.....100 Co..j-.-..'--5 Ry:..ll)0 400 *97 64.2iii.1941 ••teatioa manager) Ohio Connecting Ry 1st 4s.. 2 si« Jan i No par 'r Preferred-.--.. 100 Vanadium Corp of Am .No par Van Norman M ach Tool..2.50 Van Raalte Co Inc.3.....---5 30 18% 24 -4Ctfs of dep (Isiued by reorgan Nvrf & Wes'.era Ry 1st g 4s...B):»6 d North Amcr Co deb 3 Hs...... 1949 v J540g & L Cham 1st Vadsco Sales 6,800 *22% 9 22% 8% %6 %«' %« 23% 18% 18% 9 10 10 % 23% % % % 30 *24 25 22 A Jan V ■' 214" F Apr . 76% Nov May 103% May 43% Nov 12 10 67% Nov *73% Dec i *6 conv preferred.^- .No-par ^ 41% 117 42 6 13 Universal Leaf Tob_, 154 214 Gen Hen ry A Id g 3s U ilversil-Cycions Steel Corp 1 1,040 May 39% May 60 May . 100 •/ 15 Jan Jan 1% 68% May 200 *147 21 1 22 Nov IM 4 •102 101 101!,4 UN 214 Apr 24 i 43 .No var 39 13 1 Jan 38% % Ma\ * ■v 76i2 Jan 29 105% D03 10 j 130 a-Jan 33% Jan I9i2 Deo 17 42 Mar 27 13:50 -8 Nov VD03 9 ls8 Jan U4 Jan %« D33 18 62 43 D3C19 Sept 74: May Aug ' 22 s 28'2Sept 17 103'2Scpt 11 65's Apr/ 4 ;6J% Nov 17 Apr 01 3,4 1104 Apr 27% Jam r Sept 21 2<8July21 43% D3C 18 1 . 48 26 nr 12 7% 12% I 21% June Doo18 1, 3U8 Feb % D33 10 71 A.......6 * - " 14% 154 ■ Deo 28 !> Apr -6; May v 14% 151 151 *143 50 49% J^8._ 1950 I64 95 109 4 1104 0 ♦Ctfa of dep (Issued by reorgan1: laatlon mnager) 5?..;.-.1961 Jan 35• May 14. 111 2 4 ♦Certificates of de!)3sit.../...l. /; 6% Mar • 25% July Aug 26 110 103 4 214 - Juhe12 f 33'2 16i« D0C18 ..:_.25 .7% preferred. U nlted Stockyards 4,400 *148 50 49% 89 ' 43 614 214 214 182% May " 90 2 4 4 134 9 4 103 4 1966 M S t§4Norf South 1st A ref 5s..... 19.61 Nov 11 r 2% May 10 *82 UN Nlag Lock & 0 it Pow 1st 5s A.1955 , May 165 43 *' 45 14% . 40 94 94 Apr '7% Jan «7 May 12% Dec Jure 50 > 8 9i8Jine 27 '?•» 3% Mai 18>b A No par 2,700 % lij. ;* 7% May 4^8 Aug 13 ;27 2 ...100 U 8 Tobacco Co. 150 47 ' ' ,r Preferred.. 7,000 143% 148% *147 151 *146 47 > % 47 %• ?i« 13% Mbr 26 *2 4 i High 105,4 108 4 29 4 A .1967 B Niagara Falls Power 3h's. P Low 10 106 *20 tl'N'Y West ABoSt 1st 4>is.. 1946 Oet ( 5% May 20% DOC 18 HteelCnrp.......No par 100 U 8 3,800 20 19% *45% *'%5 47 % 115 114 r 183Jan 14 Fob 10 N Y TeleD 3 lis ser Jan Jan ■: 5 .1943 - Jan Dee 5% A )r 24 ) 1034Snpt 16 105 03t 4 54% Feb 24 1 3L78 Aug ; Prior preferred.........100 Mil..-.60 Preferred..^.. -J. 50 63,700 51% 50% 51 July id ! 2% D3C17 U 8 Smelt! ig R^f A 300 70 r-1 ,69'2 Jan 4% Fob 17 ! No-var 8% 1st nrefer-ed 3,700 3,400 44% 270 20% 3,800 29,900 »'i« 44 50 "v 50% *148 151 49% *148 50 IOO 17% 89% 17% 78 113%'114% 48 h *42% % »ifl 71% 19% I'm s '?■' 80 July 22 J No High 1054 J J 1937 15 Mav 3% .13 20 ; Apr 18 i-iry.v....--20 U 8 Plavl l? Card Co .-10 US Plywood C>rp._..—%:'l JU 8 Rnalty A tmpt...No par U 8 Rubber Co. ....'.10 400 23 3 - J Is AsKed <fc Low Deo ' 118 Juni 19 3812 DOJ 19 A )r 23 r U 8 Plue Ac Fnu 6,500 21% 27% 27% *20% "■■ % ' 16% 80% 41 71% 21 *47 ull "16 43% , 115 19% 43 *47 % 114 21% 20% , 51% 50% 115% 115 48 "i« "11 lli« % •% - P vrtlc A conv 3l A ...No oar ■ 21 21% 27% 21%> /.< % 27% *20% 9 5ft, .1.1910 F Debenture 4s....a. 102 *83 102 17% "is «6% 6% 6% *83 6 .1963 .1937 . .. . It5% 9% Dor 107% Jun< 93^8 O it 21 9% Fob 19 8 DOS 19 33 2,400 41 ^ July 28 BUI (Con!.) 3 J^s.: J § *N Y Susq A W 1st ref 5s § *2.1 gold 4 Hs. J. §4le'teral g >1J 5s__. .< ♦Terminal 1st gold 5s : Niagara Share (Mo) deb 5 4 170 2% J«n -25% Max 60 May • 651 j Mar , N Y Steam Corp 1st ■ 2% Fob 19 Mar<4 5-Mi% on nv preferred...-'.50 2% M'ijl 1434Nov 19 181 U 8 Industrial AIcohoLNopar 2% 5 * - ...No par 30 Dfl -2% Jan 22 418 Sept Co 20 7% preferred.Ji.—i.i.lOO >rp._%.5 1,700 ' 2 8% Apr 25 U S HoffUin M vsh C 200 26% 10'2 Jan 15 218 Air 10 . U 8 Gypsum 20 30 8-5 ■: U 8 Freight Co 900 9,600 ' 37 13% 5S 8% 8 29l<i 8 5% % 13% *35 Dec M ly 20 4% D 53 17 \ ■ *31% >0% 1 79 D33.10 CIY 31U Die 12 pref.101 37 2% 102 60 LOJ 16 1st preferred...--No »ar U 8 DlstribC >rpoonv 2 Sis July 21 Rillroad & Indus. Cos. "s-1 3% May - Jan U 8 & ForeignSacur—.A''') oar 29 2'» v share 1 per share 7% A»r 6 Mar /Sept per . 3^8 Sept 10 51 Nov 21 42 c.l 29 29% 6 : aO'sMay 16 ! 3 % Anr21 i -.10 _. *31% 37 *33 Unlted Panerbo\rd 2,830 2% 38% 30% 175% 175% 6% *5% 40% 391,1 2% 7 17% 3 2% June l%May * share pet 6%9eptl8 c 16% 8% *3 8% 60 660 17 17 23% / 193 *35 22% 23% 22% 21% 23% *20% 2% 6% 199 *23 41 *33 29% 2% 7 *5% 21% 21% 29 28% 3 *33 13 500 83% United Mer A M mu Ino v t 4,200 3 2% *82% 2% 86% 40 37 *30 23 % 6% 109 ' 2% 86% 175% 175% *175% 177% *175% 177% *5% -6 6% 6% *5% *3% 6 3 2% 17% *3% 12 3 3 83% 2% *30 105 11% 11 3 ' 6% 2.) 10% 3% 300 4% $ share f United Fruit Co ...No oar 5,000 81,303- Unlted Gas Improv't. .No'- oar $5 o-eferred-.i-.L.iiV0i»<tf 700 63 *102 105 10) 3,800 33 4% per t 10 Preferred. j-,--1.00 United Rlectrle Coal Cos....5 United En? % Fly...w.-'. 150 4lo 64% 67 4% 4% ' 8% 41% 8% 41 4% 32% 31% *3 11 13 6% *2io 3% 2% 87% 2% 83 1V2 8% 12% 2% 2% 105 *3 43 42% 41% 42% *175'2 177% *175% 177% *23% 70'.i iJ7% 4% 4% 105% 105% 11% 11% 11% 3 *..., 17 ' 8% *31 72 4% 4% 32% 61% S ''' Par ■' ■ United Dye wood C,fp 300 40 :■[ United Drug inc- 6,700 1% ' • FrUati's i Week Elded Dec. 19 \ . Range or ■-■••I EXCHANGE'! N. Y. 8TOOK V Highest / fjOwest Highest. Lowest *".■" »' 1% *35% 4% *32% 39% i 4% 4% 32% 101% 3 35% 37% 70% 419 3% *2% 37 33 4% 101% 101% 12% 12% ♦102% 108 4% 4% >1% "2 1% 1% 33% 4% 4% 5 4% 2 *35 4% 4% 5% 4% 1% .Year 1940 4;.,. 1 BONDS '.V-. Range for Previous V, Share Lots EXCHANGE Shares $ per share 5 4% $ per share % per share On Basis of 100 Week 19 Dec. ' Week's Range Since Jan-■ I STOCKS NEW YORK STOCK the Friday IS Dec. 17 Dec. $ per share 4% 4% *1% 4% 4% 16 Dec. $ per share S per share *1 s 15 Thursday Wednesday Tuesday Monday 13 NEW YORK BOND RECORD RECORD for Saturday Tuesday, December 23, 1941 FINANCIAL CHRONICLE THE COMMERCIAL & 1618 •ytif i 1619 THE COMMERCIAL & FINANCIAL CHRONICLE NEW YORK BOND RECORD 1 , Friday BONDS < EXCHANGE N. Y. STOCK Week Ended Dee. 19 »" i Week's Last Range, or Friday's Inter st Period Sale Bid. tfe '■ High 108% 90% 2% Bonds Sold Asked 108% Price "Jan. 1 " Low Railroad & Indus. Cos. ([Cont.) I960 Port Gen EleC 1st 4%s 80% S M ——1950 J J Potomac El Pow 1st M 3Ma.--.1960 J Pressed Steel Car deb 5s......1961 J 80 J,; *106 J 1st 5sextended to — — V.% „ 2% *03 ; guar deb 4b.. 1957 M N (Term lBt 4fl—.1956 W S 8%S-1968 J 5s....i......2037 J 8s_.2037 J 111 3 Mai 1968 A Public Service El & Gas .1st & ref mtge 1st & ref mtge Pub Serv of Nor 1948 Purity Bakeries s f deb 5« J ./ , 85 2 72 ' ,2% 87 142 1 V2 2 w H'2M 109% "17 103% 4 153 *. , 218% 224 108% 111% 103 •■''■■■. 1st 4s 1997 J J Gen & ref 4 Ms series B..... 1997 J 1966 J Remington Rand deb 3 Ms ""75% J Gen & ret 4%s series A..... Gen mtge 4 Ms r-.. 3%s.— 1960 f ♦lUielnelbe Union s f 7s...... 1946 "u MS 46% 45% 46% -44% S 17 103% 104% 45 102 99% 9 v.7 J J MY »'£ . ♦Cons mtge 0s......1953 With declaration. i; ♦Cons A i.j,: -'122 A O mtge 6s............-1955 ......1952 4s s f conv debentures s 1955 f 7s 5% J.;' i. M S F 364 40% 57% 380 46 474 39% 39% 55% 55% J- J 78% 77% .80% 161 48% 81% .4 O 82% 82 82% 00 71 88 1st ref guar 48:.— .1955 J J Gi 59% 61% 236 50 ..1055 sta'mped,— J ; 87"" {{♦Rio Grande June 1st gu 5s .1939 {{*Rlo Grande West 1st g 4s..1939 J ♦1st con & con trust 4s A...1949 A Roch Gas <fc El 4 Ms ser D 1977 M Gen mtge 3 Ms series H 1967 M Gen mtge 3 Ms series I..... 1967 M Gen mtge 3Ms series 3 1969 M {{♦R I Ark & Louis 1st 4 Ms.-1934 M ijmRuhr Chemical s f 6S......-1948 A J 38% •',11% 10% S 108% 79% ;,'-m O •i!'— ii J •'-•••">. ">•: if; " l-'i v., J J Gen 7 Texas refurid s A O .....1996 2d gold6s... ; • ■X:- ■. - {♦St L Peor & N W 1st gu 5S..1948 St L Pub Serv 1st mtge ♦Adj 53 re {•St L-San Fr pr Hen 4s A.. ..1950 J ,50 ./ J 5st.in..1937 J Trl Cont Corp 67% 39 M S ♦Con M 4 Ms series A.. — ... 1 ♦Ctfs of deposit stamped... ... 10% 10% . 9% |*St Louis-Southwestern Ry— 1-11942 M S 4s..1946 J D M ♦Guar J |*lst term & unifying 5s.. J J ,12% Union Elec Co of Mo 3 Ms 1945 A O 233 9% 2'1U2 - 100 5 16 307 J 14% 15 38 7s ...... 48—.1—. 1st & laud grant J 4s.. D J A J 8' M S 1-2 J M 4s. J F 8 A & Ar Pass 1st gu g '■ 64% 41% 5% 35 70% *109% 4% ■ A (♦Refunding 4s..—*:-1959 ♦Certificates of deposit 9% O 9% A 124 11% 99% 8% ,75s. t. « ;r': AO M S M 9% 3% 5% 5% 4% 26 2% 192 f 7% 6% 4% {♦Seaboard All Fla 6s A ctfs.. ♦6s Series B certificates Shell Union Oil 2Ms debs—— .1935 F A .1954 J J 96 3% .1961 J 2%ssf debs, .l.——..... J fShinyetsuEl Pow 1st 6M«— .1952 « M ♦Siemens & Halska deb 6%s_ .1951 .1940 F f ♦Silesia Elec Corp 0%s.— ... .1941 F {{♦sileslan-Am Corp coll tr 7s 10% 17% •19 2% 2% 97% 99% 2 2% 4% 4% J 90% 20 94% 99% -•—... 1 D i t - ' S A '12 2'7 2 221*2 r'- '*♦'** 2 m'7 M 22 ■1 'mi M 21 '2m'M iv 2lj'> O 100 100% 18 A 101 101 102 J 106 106% 100% South Bell Tel A Tel O 107% .1979 J J ...... .1947 J 6s A • _ 7 \ _ m j 94 95% 96 1.025s — — ..—Nov —May Nov .May Nov 1.95s-...—.—-May 2.00s— ; Nov : ' 31 104% Gen mtge 3Xs.... i'm* i *111 t.-i-May 2.40s.J 103% 107% ;'i i_—Nov '; 2.45s—May 2.50s. J... 119 —Nov 107 107% 107 17 122% 100% 109% 109% 2.55s.i 106% 103 105 6 104 2.65s.it.——iiw.May 0 ..May t 2.60s..'———..Nov 100% A 59% 90 109% 113% 8 107 102% 102% 103% 38 109% ■ *1 lj'22 -J- it- ■ J.. s 91% 93% . MN . ' *99% *99% 100% 1001. MN 'tlH'4 2 *101% 100 MN I'll 111 • 4 21H,. ..... 101% 1 1948 MN 1 1948 MN 1*-.2^ MN HmIII 11949 MN 1 1950 1 1950 1 1951 1 1951 12 21L MN 102% *102; 102% MN MN 11*2*1 *101 % MN 1 1952 MN 7II2 *100% ■ ll J. 1 1953 MN 1 1 1 1 » 100% 20 19 3 -t.t'l':l 21 M 81% 82% 15 30% 15 71% 73% 29% 86% 89 101H 81% 101% S MJY 74 86% 82% 84 82% 101% 24 38 ' 68 18 100% 101% J 3 27 15 16 97 41% 56% 101 40% 52 J 2361 41% Vx 45% 41 41 44 *111% 93 .1947 101% 105 112% 115 104 *100 D 114 93% 104% "35 102 J J 92% 96% 103% 107% 104% 102% "34"* O 94% 104% 102 '4 — T ♦Certificates of deposit— {♦Su A Du dlv A ter 1st 48-1936 1 115 114 43% 27 MN ; 8 42% 13% 7 13% 108% 111% 7 9 7% 7 Wisconsin Elec Power 3)^s—.1968 26% 33% 32 ♦Certificates of deposit.. '. >. 109% -109% *107% 108% Wise Public Service 3)^8——.1971 106% HO *12 - 102 4 101 102% 100% 103% 100 100 100% 96% 103% {♦Wor A Conn East 1st 4^8-1943 100% 102% Youngstown Sheet A Tube— Conv deb 4s.... 1» .£ :.. i. .1948 M S 1st mtge s f 3 Ms ser D—1960 MN 103% 100 102% 100% 103 100 sale not Included in the year's range. 103% 103% 100 102 year's range, j; 100% 104 100 102% ■ ' l "5 100% 4 100 r « d Ex-Interest, e Odd-lot Under-the-rule sale not included in the Cash sale not included in the year's range. 1 The price represented Is the dollar quota¬ bonds. Accrued interest payable at the exchange rate { Negotiability Impaired by maturity. tion per 200-pound unit of of $4.8484. . ' { Companies reported as being In bankruptcy, receivership, or reorganized under Section 77 of the Bankruptcy Act, or securities assumed by such companies., 103% * 100% 104% 101 103% No sales transacted during current week. Friday's bid and asked price. Bonds selling flat. ♦ > —v ■ Trading suspended effective Dec. 11 In all Issues of German, Italian, and Japanese bonds, The Bulgarian and Hungarian Issues were suspended on Dec. 18. 100% 104% 102 MN 7*1 M4 2 *100% Deferred delivery sale not Included in the year's range, a 100% 104% 100% 104 1953 MN '111 2 21 *100% m Hi.* H1M .4 1954 MN 'llllil *101% 5 102% 1954 MN H* lif'i 102% 1965 "83"" D ' 102% :; 7 102% H'M * ; 75 21% 19 M N 103% 107 12 199 20 S 102% 100 101 ' 103% S Wi nffton-Salem S B 1st 4s.—1960 101 : 100% 99% 103% 109% 112% 87% 95% 98% 104% 89 102 102 % 101 111% 88 M Wheeling A L E RR 4s — 1949 M S Wheeling Steel 1st 3){s ser B..1966 M S J .1955 J 100% 102% 103% 1943 124% 128% 107% 111 110% 114 102 102 % ."' 2 it *100% 2 MN :'2il2 38% 73% 108 H mi {♦Wis Cent 50-yr 1st gen 4s...1949 100 100 1 , *100% *102% r'lhl* 102% —— 111% 88 J West Va Pulp A Paper 3s—1954 J 100% 100% 100% 101 100 1C'% 100 100 101% 1m MM 'i 100 i MM 11" 101H HW 101H 89 31 65 110% O —. Registered...— >/• 100 'lllll MN 97 51% 125% 107 J 41 100% Immmm 2 100% 100% ' - ■- - I'm-M 2*1 *1 -1 iLll'l* *100% MN 100' V1 'Ihll 12 . 99% 100 99% 100 1 3 99% 100 87 99% 92 3 110% West Shore 1st 4s guar.......2361 78 82% 95% 106% 108% 7- 99% 99% 99% 100 91 65% 108 105 —;. *100 77% 4 With declaration 96% 101% 102% 107% 104% 107% 'M2I* 93% A gold 4s 4)^8.^.1950 25-year gold 5s...——£....1951 30-year 5s. .....1900 Westinghouse El A.Mfg 2)^8.-1951 ^♦Westphalia Un El Power 6s.1953 100% 52 72 4 *98% *122 O Western Union Teleg g 114% 112% 96 107 7% 20% 12 ♦5s assented—-i—1946 M 11 98 22 69% *69 107 % D 1967 J {♦Western Pac 1st 5s ser A—£.1946 110 14 104% ♦60 — -. 109 - 97 96% 96% 96% 103% 103% *106% 96% 20% 22 106% 108% I..i.—.1960 J Maryland 1st 4s 1952 A 1977 J West N Y A Pa gen 101% 107% 27 UOH -'itr '"2* 110% J L..—j 22% 22% 23% 23% 7% 23 A 1st A ref 5>Ss series A— 5 MN 11947 2.35S.J—May, 1 1952 ; 101 1 ? 104% 23 1 1945 1 1945 1 1946 1 1940 1 1947 Nov 2.30s—Nov 85 99 5 S 1st 40-year guar 4s .....1945 F A Westchester Ltg 5s stpd gtd.—1950 J D Wilson A Co 1st M 4s A.£ 2.10s 2.15s-..—..—May 2.25s O Q M Washington Cent 1st gold 4s..1948 15 101 .1952 May 1 1949 2.20s—-it.-'-Nov 27 4 1948 M 74% 24% 24% 23% 23% 27 31 2 A 1947 J 2.05s.. / debentures.i...-1955 31 101% : 105 ...... .1962 A O 3M8 3s debentures— Southern Colo Power M2~ A 81 98 8 34 22% v 31% 101 % Xif— May 1 1942 1.903.. 99% 97 101% ,29% 54 10 ; 45% 5 .1952 A 4s..... Skelly 0113s debs —— .1964 J Socony-Vacuum Oil 3s debs... .1963 A South A Nor Ala RR gu 5s— 98 80% 98 V Conv deb 3% * .1960 F Simmons Co deb „. — 1.85s.j...i 8% 23 3% 2% 2% 21% O Warren RR 1st ref gu g 3 J4s.._2000 F Hi 2 Ill 12:2 .875SV——-Nov 11942 May 1 1943 MN i'- i 1^2 1.80s— 9% 5% 2% A 22% 1955 A 20 81% 2 1.00s. J— -i 1.75s. j * .1935 F 21% "22% 77 *16 — 1.506-'.. —--.May 1% % 3% 14% , 22 % 81% 109% 5% 1.25S.J...,—-May 1 1944 MN l4~ll'l2 1.3753--E—Nov^/1 1944 MN 1 j'l'l ft 15 15% •V 39 6 i3% 2% 4 4% '4 ',. 4% 13% S 7% 120 34 -4% .... — fr {5*Atl & Birm 1st gu 48—1933 14 • - 21% United States Steel Corp— 102% 106% 121% 124% 2 10 6% 34 .... A........1945 ♦Certificates of deposit O A F 21 % {{♦Warren Bros Co deb 6s.—1941 Af'S 5% 1.125s.—————Nov*: 1 1943 MN llllli {Seaboard Air Line Ry {♦1st g 4s unstamped {♦4s g stamped ♦Adj ustment 5s.. .. 22% Serial debentures • 106% ■ 124"" 22 % 22% 1976 26% 75% 45% 74% 7% 21% 7% 20% 30 23% 23% 22 % 22% 22 % 22 22% 97% 86% 109% 23% 22% is 20% 32% "7% "27" 2 41 22% 22% . Warner Bros Plot 6s debs. 107% 80% 12 2 p"i h:: h ' M L -t iJ *Ctfs of deposit (assented)...'. - (assented).— 5s series D_i—_1980 AO >Ctfs of deposit (assented).... 8% 8 . 1 24% 24% 24% 23% 44% 109 % I'm 24% 24% ^Ctls of deposit 104"" 104% 80% t* MM* M * West Penn Power 1st 5s E..—1963 M S -f - , *30 " 30 "52% IV *30 Wash Term 1st gu 3Hs-_i—1945 F .r---- 31% T T *4. MM *80% -M2*MM ♦Ref A gen ~l*Hl2 .1953 (Del) 5s.. U N J RR A Canal gen 4s.... .1944 111% * u 2 6 40 "99 5s. United Drug Co si 0% 6% 98% tr. ft. r' ♦Ctfs of deposit (assented).... 93% 102% h*. —.. • United Biscuit 3M8 debsi...., 1955 22% 78 ~ 2% 2 6% 99 t MY ♦1st cons6sseries 82% *. *2 100 T 75 33% 1 13 ♦Ref A gen 4^s series C—..1978 AO 103632 104% " 104% " . United Cigar-Whelan Sts St Paul & Dul 1st con g 100 , -1. - ' 4s registered -—i i. 1947 1970 34-year 3Ms deb— ...... 1971 35-year 3Ms deb.. Ref mtge 3Ms ser A-.i.i-.-. .1980 80 35% 17% 9% 18 14% 12% 69 2 *102 ( ':• 32 88% 70% 10 80% 80% 80 4 35% 35% 64% 73% M"s ;/ Union Pacific RR—- 16% 15% 9% 24 88% 80 44 10 *61% *80% 30% 88 % 22 160 {♦Wabash Ry ref A gen 5}^s A.1975 .... A 9 U nlon Oil of Calif 6s series A. .. 1942 F 1959 F 3s debentures 31 Sfl 109% *72% 22% 22% ■i27l 48% '.'.J ill 32 % —— 24 w 65 106 *72% 65 11% hi 1945 M S 1971 M N {{♦Union Elec Ry (Chic) 53—. 9% 46 176 90 74 84% 10 Af"s ♦Ref gen 5s series B—i ,71 111 62 79% 79% 33 % 76% 73% 33% 71 74% 48 M '■• ■ 79 {♦Omaha Dlv 1st g 3J-£s —.1941 AO 75 58% MM 108% 112 54% 69 ♦Ctfs of dep (reorg mgr)...... {♦Toledo A Chic Dlv g 4s..1941 ♦Ctfs of dep (reorg mgr) 75% 13% ■', - • 71 99% 101% .4 .. ' : . ♦Ctfs of dep (reorg mgr)...... 59 1 65 100% -.32% ♦Ctfs of dep (reorg mgr)...... (♦Des Moines Dlv 1st 4s 1939 96% 104% *100 *88 - 65 - 71 1941 102 1 46% -V- M 106% » ♦Ctfs of dep (reorg mgr) {♦Det A Chic Ext 1st 5s 58% 22 _ . .. 1st mtge 3J^s series 15% 16% -55% 54% 30 "1 109% 68% 90 07% 108 W Western 15% ... ./ {Wabash RR Co— :■ 3 ' (♦1st gold 5s....1930 J/N . ♦Ctfs of deD (reorg mgr).... J. {♦2d gold 5s..—.—...i.—". 1939 F A U 9 77 77 J J ♦Gen & ref g 5s series A.. 77 55 ■ 102% 107% 78 99 4 99% 108% 23 61% -11% J A 9 598 2 103 1 .47% M N 7s......—...1952 F sees I *. S 104 41 00 ! O 412272 -. 1[♦Tyrol Hydro-El Pow 7MS-1955 .... . MY A 1957 MN 4..... .... 1st oons 5s....,.——.1.... 1958 .4 O Virginian Ry 3% series A.... 1906 M S 87 ■' 94% 102% 107% 2 45 "18 61% .,42 61% 27 60% 103 D *1 1950 4 10% 9% 10% ♦Certificates of deposit....... 100 p 196 : M m - 102 99 60% J 11% 10% 11% 10% 10% j j Va A Southwest 1st gu.5s——. 2003 f 4s series B Walworth Co 1st M 4s... 53—1949 f UJlgawa Elec Power s f 9 9% *97% 60 i 52% 25 1 87% 105% 105% 1V;': 53 conv deb A.. 1953 J 74% 41% 83% 15 '87% 99% J impt3%sl960 7 Toronto Ham A Buff 1st g 75% 64% 3 O 27mU2 J — "3 60% D 11 10% 9% ":A 9% ♦Certificates of deposit. 81 123% 128% 108% 113% 108% 112% 102 l2ulJ- Tol W V A Ohio 4s series C 64 9 79% 3 110 105 - income .53—.....Jan 1900 A O g : 105 I"- 5s.—.2000 J D B11.-V-1977 A O Trenton G A El 1st g 60 50 , *61% s .]■: ♦Ctfs of dep (reorg mgr)J. ♦1st lien g term 4s .1954 "i'"-'i 87% 5s series C—(—111979 A (♦Third Ave RR 1st 70 64% 33% 1 78% 79;; J 27 102 i 105% Ul2» 2,4 • J Va Iron Coal A Coke. 1st g 53.. 1949 M S i; 105 gold68f.-.£il943 ♦[Tokyo Elec Light Co Ltd— 9% 61 69% *30 J j M S 58.—;. 5s stpd.. St L Rocky Mt & P 86 102% 106% 103 105% 100% 109% 100% 104% 109% i - 1965 M N — Third Ave Ry 1st ref 4s—1960 J 97% 107% 112 4 71 69% ♦certificates of deposit.. 109% Cons 111 109 S * „ v *108 * Gen A ref 5s series D.i..41.1980 J 85 22 ji 8 "33 125 109% Ber Company 3s deb-...1.-1959 Gen A * V: 69 98% 105% 13 110 Vandalia RR cons g 4s series A. .1955 Va Elec A Pow 3t(9 ser B—... 1968 M 109% 112% 104% 109 30 36% 22 *120% Tex Pac Mo Pac Ter 5%s A...1964 M S 110 4% 8%b Gen A ref 5s series 8% 52 ; 09% *■ 65% 84% — Texas A Pacific 1st gold St L Iron Mtn & Southern— ♦{RIv&O Dlv 1st g 4s..—1933 MY 28 *98" 09% 98% 89 i; .' ■V 6s. j. 11944 4s...1—_ 1.1953 f g Texas A N O con 107 U 108% 55 30 10O "97" 97 0f»% % 9» Utah Power A Light 1st 5s.i".. 1944 ' 7- "• B. 1974 Texarkana A Ft 8'gii 5%8f A.V.1960 48% 50 110 55 '•'" v.4'- v; Term Assn St L 1st cons 131 -94 •'•• *42 f; Tenn Coal Iron A RR gen 5s„1951 Tol St Lculs A West 1st 4s J 43 »T«<'1]' .• Tol A Ohio Cent ref A St Lawr & Adlr 1st g 5s 10 100,% 102% 109% 109% 26 93% 107% 110% : 102% With declaration... O "79 106 107 1st 6s dollar series—.i-t i—1053 J Raguenay Pow Ltd 1st M 4MS.1966 A J St Jos & Grand Island 1st 4s. hi *3l4 assented Aii..1947 United Stoekyds 4^8 w w.—.1951 Utah Lt ATrac 1st A ref 5s 1944 72 25 77% 110% 106 131 - I'll 4% ;v 4% '4 110% J 107 • 3% J 100 31% 33% 21% 33 91% 98% 99 104% 6 4 56% 71% 1 106 J' J D V 25 20% 78. 80 J 110% 10% 222 a'7% 31 7 3% 2% 9 22^712-' J {{^Rutland RR 4 Ms stpd..... 1941 3 80 ?/, J J Studebaker Corp conv deb 6s.-. 1945 J ' 33% 20 78 169 105 is 9% / 82% 104% 7 108% :i 9 "79% 104% 35 - 108% — *86"" "94% 73 J 120 '2h'l- S 241 77 105% ""64 •'v'it'-'i *108 — 60 58 % -74% 104% v *108" S ' .; —..1951 C-—,—1051 f 6HQ series ' 75 104% H 11 : S S 40 -40 37% O *88'" 86% 56 % 57% D 102% 107 6% 9 32 40 *36 i ' O J 3s debentures. D s 1 High 33 No. Low High J 4 . 17% 20% 17% 6% A J imRut-Canadlan 4sstpd—,—.1949 . >"/. -'r Since Jan. 70% Ref A impt mtge 104 Bonds Sold . ♦3l4s as8ente1.C...^....1951 ♦Sink fund deb 6J<9 ser A...1947 46 26% 6 ■-'r* 102% 48% 15 15 ...... » 44 406 -40% Standard Oil N J deb 3s...i.«i l»61 J 2 % debenture. 4 -it:?— 1953 J 26% 14% 27 - 6 .'i •_ L Richfield Oil Corp—• •pRlma Steel 1st - ♦Sec 44 33 8% •■■'■ '■*22 2.2 2222* ■ F 2l. 7*1 I'll. «.'M« . . 53% 44' Swift A Co 2%b debs.*.——__ 11961 M N -L 72i22M' t ♦Direct mtge 6s...........1952 M N 47% 28% 7% 11 '■■j'" or Asked 9% 9% 82 34% -30 i " 30 30 ♦Spokane Inter latlonal 4%s:.2015 J J Stand Oil of Calif 2%<debs._-t 1900 F -A —•iTLll *102% 103% 100% 96 % 102 J "[[♦Rhine-Ruhr Water Serv 6s..1953 «[[ ♦Rhine-Westphalia El Pr 7s..1950 With declaration 16 f'l I" ♦3)^8 assented A 37% 10 44% 1st A ref 3s series-C.-. ;v£>v—1968 J 101% 103 102% 104% 103% 105% 99% " A: Low 125 . 45 S\ — 84 '104% 104 i 45 ' M N Devel A gen 6 Ms.;. h£it: 1956 Mem 1)1 y 1st g 58—'—ill. 1996 St Louis Dlv 1st g 4s.li.ii...1951 So'western Bell T«1 3Ms B.lit 1904 84% 75 16 J 1946 J .*3Ms assented.... '75 47 103 MN J 70 •104% series G..... 1956 M N Revere Copper & Brass 75 102% 103% 104% 102% Bid Price <5^ Range Friday's. Railroad A Indus. Cos. {Concl. High M N ,.' 72 £ 65% 47 70% 75 102% 103% J Republic Steel Corp 4 Ms ser B. 1961 F A Pur mon 1st M conv 5%R—. 1954 MN Week Ended Deb. 19 Range Sale ' •': 68% 65% A 75% a Jan. 1 ll-'rtA's Last Af il*Un Steel WkF Corp 6^8 A. .1951 - 48% 45 - J Devel A gen 6s—£„_i:.„:1950 AO Reading Co Jersey Cent coll 4s. 1951 AO N. Y. STOCK EXCHANGE No. Low High 47 •47% Southern Ry 1st cons.g 5j 1994 3-J Devel A gen 4s series A.V..11956 4 O R Asked (fc F Low *- lst4Ms (Oregon-Lines) A—11977 Gold-4MS-—ilr—1968 Gold 4M8i-i'LJ.-l 1969 Gold 4 Ms—j1981 10-year secured 3 MR -1 £ .-.---11946 San Fran Term 1st 4s.ill'.; ; 1950 8d Pac RR 106 Bid BONDS Since s cq co Friday 8* Range f "B • eoll) .—1949 J D — 150 103 J •' 109% 112% 108% 108% O 4s (Cent Pac Friday's Price V 4ff registered..v.- -li'--.'.'vl949 5% 87- ■ ■•5 -• D •it J .w *217% J -1 110% 150 M ■ Southern Pacific Co— ; ' 110% -v ,4 • Range or Sale 41 Railroad & Indus. Cox. {Cont.) High 77 89% 105% 107% 107 110% 90 97% 117 J 90% Improvidence Sec improvidence 80% 1 J No. Low Week's Last j N. Y. STOCK EXCHANGE Week Ended Dec; 19 .{ Since Friday 8-a .BONDS Range.. 104% illflli^'NEW; YORK CURB EXCHANGE NOTICE—Cash and deferred delivery sales footnote in the week In the last In which they occur. are disregarded in the week's ranfie unless they following extensive list we furnish a Last Sale STOCKS Par Price whether stock or of Prices Low High wZk Shares : „ Lastl Par for of Prices Sale'. {Continued) High Week's Range Low Price High Shares 19% 150 16% 20% 5% 200 20 5% 5 Alnsworth Mfg common..5 3% Inc(NJ) — 1 Corp...50c Air investors common...2 Conv preferred..——. 6% 3% 6% Air Associates 500 4% 2,300 7 1,300 fl% 22% 6% Class A conv com.-...25 Jan L800 1,000 76 76 102 101 ——* footnotes see page 1623. 78% 102 "IfT" 6% Jan 12% 2% Jan Aluminum Co common. .4* Oct 1% Jan Par 2% May 2% Oct Mar 1% Oct Sept Jan Aluminium Ltd common.* Feb 75% 101 94% 26 Nov Jan *ia 91 Sept 6% preferred • ' ■19 Board Co com.l American Capital— i Class A common..-.10c Amer Box Common class B. Dec 2 Apr 100 14 Feb 21 Dec $3 100 18% Apr 22% Jan May —. ' Sales Price 3% for of Prices Low High Shares 3% 3% preferred....1. * * Range Since Jan. 1,1941 Week 200 Low 3% High Dec Nov 500 5% July 1% May La Aug 6% 100 6 Dec 11% Mar 62 62% 200 62 Dec 68% Jan 10% 10% % 13% 975 10% Dec 1,050 2,500 10% % Dec 28% 26% Feb 12% Nov % La 300 10c $5.50 prior pref— 4 6% preferred..:. —.100 Aluminum Goods Mfg.. Aluminum Industries com * i 19 Sale Week's Range Last 6% 62 Sept 4% May & Lt— Conv class A........25 Class A...26 Class B— 1 Amer Cities Power Dec Apr "ie'F Altorfer Bros common...* Dec L» Alabama Power Co $7 pf_* 16 Allied Products (Mich). .10 Jan Nov 1 20 Alabama Gt Southern..50 For Dec July 23 It Warrants.... preferred Dec 1% 5 Aircraft Access $6 Mar STOCKS High Low 1% 2% .V:7 Friaag % 2% $3 conv preferred———* 18% 20 Class A. 1 ClaBS B——1 ^ Exchange itself, and is in¬ {Continued)' Range Sincejan. 1, 1941 Allied Intl investing— common.10 1 ' Curb Exchange for the week beginning on Saturday Week Alliance In vestment..>-.* Acme Wire Co ? Sales Friday Alles A Fisher Inc com.—* Aero Supply Mfg , It is compiled entirely from the daily reports of the Curb current year. STOCKS Range Since Jan. 1,1941 Low , bond, in which any dealings have occurred during the sates Week's Range regular weekly range are shown in a only transactions of the week, and when selling outside the complete record of the transactions on the New York (Dec. 13, 1941) and ending the present Friday (Dec. 19, . 1941). tended to include every security, Friday are the No account is taken of such sales ih computing the range for the year. , 95 ; 92 104 108% 112 12% 12 4% 4% "69% 68% 70 "2l"" 20% 21% 3,850 100 200 111% Mar 103 Mar American Book Co—"..100 4% Jan 116 Jan Dec 18% 160 Jan 7% Sept May 76 Aug Nov 99% 20% Dec 65 91 American Beverage com._l Jan 155 Dec Mar 12 »i4 1,650 ...100 Dec Dec 92 1,300 1106% Oct Cyauamld class A. 10 Class B n-v 10% % <>32 Jan Amer Export 10 "39" Lines com_.l 20% Amer Foreign Pow warr.. Feb Jan 35 "37% "40"" "9,800 Apr »u Sept 35 Amer 11 19% 20% 1,200 4.600 Jan 41 Aug 31 Feb 42% July 29 Nov Li Jan Tuesday, December 23, 1941 CHRONICLE THE COMMERCIAL & FINANCIAL 1620 NEW YORK CURB EXCHANGE Friday I Last Week's Range for Sale of Prices Low High Week Par Price Hoe com—* Amer Fork & 10 750 23,700 106*4 3,900 28% 28*4 25 18 19 H 200 17 H 18H 400 1*4 25 H 28*; 9)4 19)4 550 1 *4 27 103 m 25 K 1)4 25)4 100 Amer Maracalbo Co—---1 Amer Meter Co— * Amer Potash & Chemical.* Deo 30 Apr Feb Feb 2634 ""hi 20 20 i Dec 15)4 Apr 28)4 June Apr Mar 28)4 Nov 54 Corp com preferred...——* $6 series preferred-----* American Thread 5% pf..5 Amer Writing Paper com.* Anchor Post Fence —2 Angostura-Wupperman - -1 Apex Elec Mfg Co com. - .* Appalachian Elec Power— Am Superpower ■ 1st $6 44 K '■: 34 20 r IK 1% 2% Feb .'l« 51 2 2% 55,000 1,100 Carman & Co class A... 42 34 May 6034 Sept 400 134 \2)4 2K 2 M 700 ? 250 K 7%r 8)4 54 3,500 14,700 1.700 -.4M —- ::.:t r Mar -V 7734 Jan Dec 1 Oct 334 Jan 34 Nov in Dec Jan Sept i 2 Jan 34 Jan 150 » 72 77- j-,-.Dec '•» 3,200 • - Y 025 3)4 Apr 234 r 6 -Jan "13)4 ■'95^ Apr -• Dec 10 Jan • Feb > 117 HiSept y 54 '-Aug Co-.50 Corp--—1 Atlantic Ccast Line 2134 675 3 v 3 • Atlas Corp warrants.-—.. com—5 * * Automatic Products. 1 Automatic Voting Mach..* Atlas Drop Fcrge K *16 1234 13*4 3*4 K - - Atlas Plywood Corp Y. • - 13 Auburn Central Mfg - 234 2)4 334 154 234 200 234 3)4 600 1,200 2,400 2,100 Jan 'Sept Nov 534 Jan 1134 Dec 2)4 May 6,200 7 7 V 17 400 2134 20 3 3 29)4 4)4 Dec 9)4 Oct $6 .•- 534 234 3-'. Dec 4 Dec 4)4 Aug Dec 80 Dec 4934 6% 234 2 K *125 Warrants— ----- ..... '(4 Dec May July 1734 4 ;• 425 "Nov 16 ■" * 350 234 Dec 34 34 2 . Mar Jan Jan Jan 10 .< , i)4 1834 Aug -6)4 July Feb 8334 July Dec 734 72)4 Claude Neon Lights "0 4K "ik 1554 100 34 *11 17,500 . '.:.0 Inc.-l 2034 20)4 700 22 Dec 20 3634 Apr Sept 1 ' Clayton & Lambert Mfg. "!j 500 Aug V Dec 4 104 Feb 34 534 Mar 6)4 32 34 334 "34"" 454 1,400 30 26 34 M Purch warrants for com. 30 7% preferred com.l Steel 1 32 23 K 2634 Barium Stainless 3 3K K 3,100 2334 Dec 3234 34 Dec Jan 3 4 July 34 Feb 1.000 3)4 Dec 3734 6)4 Mar Jan "is i 3,600 34 Dec IK Jan 100 32 com:;—1.5 Refractories Inc.—1 r 154 ""ik "ik i ....J. :r—j_ % * 7X 8 7K 300 8 7% 7 Dec Jan 754 1,400 6)4 11 May 10)4 ) -1 5% preferred— 4 Beech Aircraft Corp.—-.1 "w Bell Aircraft Corp com—,1 :uk pref 8 100 4 Dec 334 21 8)4 13 K "2)4 98K Benson & Hedges com— 32*4 Aug 434 Mar 9 12 34 Jan 24 24 K 4.000 4)4 4,300 13)4 Apr Dec 800 134 Dec 33 \ 10 96 20 23)4 May 32 preferred-—-* 11 r 12 & Machine Co - Mar Jan Sept Jan Jan Oct 3434 Nov 3434 Oct 5)4 114 Conn Gas <fc Coke Secur- 6K m 3 — Bliss (E W) common 14 H 13)4 4034 Apr 6)4 3 Sept 834 Dec Dec 31)4 33 4% 10K Oct 19 11 ';•,: 2)4 -MOO -- Jan; •*11 " Dec 19 X 234 Sept < : Jan '• '■••' EIec P<fe L2d pref A.—. 4 2.200 -• >•'' conv preferred..... 1 Eversharp Inc com Apr i Jan! 13 Dec Feb *it Nov 1*4 Dec Dec 12 54 Jan 32)4 Mar4 ""*600 2 80 Apr Sept Feb r6)4 - 9834 Aug 67)4 Feb 128 Oct 10 70 129 Nov 107 125 68 Feb Feb "534 200 *!« H 14,800 102 100 20 102)4 102)4 105 ""T1 ""'Y( 1,125 2h 18 2 15 !4 2 15 1 ... Apr- 70 U% j Emsco Derrick & $3 54 4K com...* 100 25 7% 1st preferred 4*4 134 134 30 30 30 18)4 - 13534 Oct 721 21)4 4 34 Jan 147 Oct Apr Dec 24 Dec 8 Jan 34 < Dec )4 Jan Apr 20)4 335 Mar 13 1,500 100 • 134 May Jan Dec 28)4 •2 1 18 June 334 Jan Aug .734 May 154 Dec 1234 Sept 4)4 8)4 Nov 1 8 8 ' 834 800 Falrclilld Eng & Airplane. 1 IK 7 54 154 7)4 2)4 7)4 11,800 Falstaff Brewing...—...! Aviation 100 -, Jan $5 2d preferred 11,400 34 31)4 Dec Dec 34 38)4 600 4)4 Dec 834 100 Mar K 90 1834 May Jan 35 July 35 July 19 June 19 June "5k ""554 *"0500 "5)4 5 Florida P & L $7 pref 1 34 Dec 5 Dec » 454 9K 3,000 34 3)4 July 434 8)4 Feb 634 July 1,700 5)4 Feb 1134 Sept ) * 6334 6334 x100 62: 99)4 99 190 5834 X9634 July May 7% preferred...-..-100 4400 1 40 30 45 2 2)4 *i« '18 42)4 45 ! * Am 1)4 It- 134 4,400 I y * 1034 10 3i 10)4 2,700 9)4 * 9)4 OK 3034 .75 9)4 Dec UK 10)4 UK k . . voting— 834 X5ec 1334 Jan K Mar 3034 July 34 1 t 1,300 K "4334 Am Feb Oct Nov 50 900 134 Feb 434 Aug *i( Dec 54 July 3534 June 1134 May 3034 Jan 10)4 July 150 1,300 63 Aug 1434 Nov 31 Jan 1234 3 140 11234 Dec > ~ Sept Oct 24 IK 2434 Feb 134 2,900 / 250 23)4 >; 3 •3 ' Dec • t crd reg—£1 July •854 534 ■■ : • •; 5 600 ■>' ord reg—10s Brown Fence & Wire com.l *ii 300 Dec > 54 Jan 16)4" July 15 IK Class A preferred 1 134 7 K 7K Feb "3,160 1 Dec 234 134 7 May 1134 i Brown Forman Distillers Oct Feb 4 Dec Sept 107 Oct s- 134 Jan J IK IK 100 "k "k 1 134 ar24)4 2*200 Mar Mar 34 Dec 934 Bruce (E L) Co common.5 Dec 4 134 mfm Sept - Feb 46 5 4 654 34 34 1,500 54 5% conv ( preferred...c 'JI *1( Dec 1518 5 ord reg.£1 Gen Fireproofing com.. 1334 80 14)4 1,900 >U '2:600 iiVNov 250 86 Dec 9)4 2.300 9 Dec 1234 Mar Oct 1034 Dec "~k "k "*"466 934 34 OK OK $5 1st preferred.—. 13)4 88 4.100 12)4 Dec ""hi . 1554 15)4 ■4% 63 71 Dec 83 ' Jan 19 )4 Dec 31 ' Jan Mar Gen Rayon Co A stock.—* 200 34 Oct Jan General Shareholdings Corp Common.. ....1 1134 Jan 11 Jan Jan Feb 734 54 1)4 - $6 conv preferred a:58 34 K 2034 34 h 5034 34 5034 34 1.800 5134 210 45 10034 10034 50 100 * dep rets. Burry Biscuit Corp.. 12He _ ~"k - 34 Dec Nov 1 " •11 Crown Cent Petrol 4 100 6% preferred A Jan Mar 10034 89 Jan : Jan 2 Feb 54 34 Sept Sept > Sept $5 preferred.——." Gilbert *32 *32 ;•/' 234 Sept Gilchrist Co 19)4 ..... July July Jan Dec '•■;■ 4% Crown Drug Co com..2f 7% 4K "tt preferred...2 17 800 54 17)4 4)4 900 . 4 34 Jan "i» ■*. Dec 17 150 2)4 Sept 2)4 May 534 Sept "134 Apr 2234 Apr 34 May 134 Dec conv Dec * 10)4 10 5,300 10)4 30 30 * Goklfield Consol Mines..! 100 »i« ..... :::::: *"""50 1334 12)4 1354 8.900 134 500 134 ...!« Apr 6 Feb 5)4 Jan Oct 2)4 Aug 734 May 234 Mar 1 Jan 154 Curtis Mfg Co (Mo). 34 July 1034 July 14% Deo . 7 , May Darby Petroleum Dayton Rubber Mfg 7 com Jan Feb Class A conv... 35 —1 $6 prior preferred Cable Elec Prod com..50c 50c ' K 100 54 Feb 54 June 54 May 34 Feb 34 54 Feb Feb A conv preferred 6% preferred w ;v-"! 200 7)4 234 1 7 / 1734 734 2434 834 2 34 1 4 • 200 1,450 100 com * $3 preferred j. 12 3 ....10 3 Gray Mfg Co 1,800 100 100 -534 234 1 Feb Dec Dec 35'... Jan ....I. :::d "'Tk "ik "■500 734 18 734 18 100 100 99)4 -1 i.-- 2934 734 1754 Feb Jan Mar Dec Jan ■ Non-vot com 234 Mar 5334 July 112 June ■234 July 54 34 Nov •JO t 1834 . Feb 4)4 May May 94 7)4 June 15)4 July 33)4 Dec 8)4 Aug Oct 101 *ii Jan 34 July Mar 1)4 Sept Nov 30)4 100 3)4 334 100 3 32)4 35)4 Dec :. 534 500 3 Dec Jan 2534 June $6 preferred ~"k "~h, 32 25 834 Jan Aug Jan 6)4 25 14,400 800 8 34 132)4 Nov i« Sept Feb Sept Apr K 42 • Jan 1034 Jan 134 Apr 34 Mar 34 - 109 110 *8:606 29 Mar 70 109 Mar 110 "3634 "38)4 37 105 34 Dec 2934 Dec 7)4 June 150 34 Dec Dec 7634 300 1 —...4* 250 82 120 100 7% 1st preferred Greater N Y Brewery...! Dec 115 Jan Mar 3 Sept . : ' :::*::l 234 Gypsum Llmje&Alabastlne* 39 Aug 11134 Nov H 400 .....6 HammermiU Paper..... 10 Hartffrd Elec Light.'...25 Jan Hartford Rayon v t C....1 Harvard Brewing Cd—.*1 Oct •' 19 Hall Lamp Co "34 K 2,400 1*4 134 600 2)4 3 1834 300 •54 - Nov 8)4 25)4 5034 54 IK ! Nov 65 2)4 Dec 334 Dec Dec Jan Jan ■•'' Jan 134 July Hat Corp of America— : B non-vot common....1 Hazel tine Corp— For footnotes see page 1623. 34 80 stock...* Gulf States Utll $5.50 pf:* 28)4 Jan 934 Nov 334 Sept Sept Mar Great Atl & Pac Tea— Gulf Oil Corp Jan > 5 14K 30)4 Grand Rapids Varnish... 1 Mar 20 Dec Sept Sept * July 9 "Aug 22)4 Sept .♦ W—2o Feb " 6)4 3)4 13 Mar 7)4 50 400 *; Gorham Inc class A.——* {Guardian Investors^ "i //: '" 6)4 24)4 234 r- 1 50 Detroit Gasket &. Mfg.—1 rCables A Wireless Ltd— Am den 5)4% pref she £1 8% debenture Derby Oil & Ref Corp 1 17)4 24)4 8 K Dennison Mfg cl A com.. 5 ' 7 f ...-. 1 Deoca Records common.! 1 Dejay Stores 'i 100)4 '*1)1 Ut Greenfield Tap & Die... Grocery Sts Prod com.25c ■ 110 Jan 19 % ""30 50 Goodman Mfg Co Apr Mar - Jan : $7 preferred 43 Apr 100 100 Godchaux Sugars class A.* 10J< 40)4 Dec ar3)4 Jan 7)4 June 834 Feb ; Glen Alden Coal.. Dec 5 *300 Gorham Mfg common.. 10 . Jan May Dec .. 98 ... Gladding McBean & Co.* 7)4 34 *i( - 61 108 90 25 102)4 102)4 * (A C) common..* Mar 134 July 1234 " 'it Mar Dec Aug 6 Georgia Power $6 pref...* '* 19 1)4 July June 37 $3 preferred 3)4 May 200 454 "rik "'ik "ik "2:100 (Md). Mar Feb - *i» Sept General Tire & Rubber- Oct Dec K 70 3,700 1,800 8,000 1654 4K\ he July 62)4 May Dec 200 154-154 Petroleum Jan Nov 104 80 $6 preferred—.——.._* Preferred Adrs ord reg stocks—4 Creole Jan . 50 Courtaulds Ltd— Davenport Hosiery Mill | Bunker Hill 4 Sullivan 2.50 1034 40 B—* General Investment com.l 20 37 ; 700 134 14 - Jan 71 Oct r 90 82 134 14 Nov 4 200 5 13 59 434 700 • July Jan " 2034 Dec Dec 7,600 »U 134 6)4 16)4 Dec : 71 34 6 "ikoo '52 *80 Cosden Petroleum com... May J, 34 Gen Water G & E com._l Reynolds $6 preferred A Apr July )4 June Gen Electric Co Ltd— Gen Gas & El $6 pref Aug 49 34 Alloys Co——— Amer dep rets 5 55)4 134 1)4 Dec 54 834 Dec 6 "i:200 5)4 54 General 9554 May Jan 2)4 1,200 2 )4 58 Aug 19)4 9934 12 H 86 July 90 234 2)4 ' 1 12 K Sept Y.July 67 Dec Mar 1 Gt Northern Paper "3634" 15 47 50 10 Gen Pub Serv $6 pref...* * Buckeye Pipe Line 50 Buff Niagara & East Pow— $1.60 preferred -.25 May 281"! Feb 50 Mar : 98 29 34 634 »16 Corroon & Mar 14 Aug 11)4 Oct 20)4 Nov GenOntdoorAdv6% pflOO "7k "x7K ""600 634 Sept Sept 69 18 200 •'950 5% preferred.....—100 834 Sept : Dec .8 Cooper-Bessemer com.. $3 prior preference— * Gellman Mfg Co com " Feb 84)4 Aug $6 preferred Sept 1)4 Jan ' Common. i.. Jan " 1,500 5)4 , — 7K $6 preferred- Burma Corp Am 18)4 10 1234 29)4 a:31 10 29)4 Gatineau Power Co- Jan 100 , 8)4 May Gamewell Co 56 conv pf.* 434 Sept Jan 134 *i( ! Crown Cork Internat A.. British Col Power cl A.—* 26 Apr ■ 200 » Class B-— British Celanese Ltd— Burco Inc $3 pref stock—U-.y.* 934 19 4% Conv preferred... 100 Jan 30 Mar 3 300 100 —:. >32 com.. :" 934 15 pref Fuller (Geo A) Co new.. 1 .* $3 con^ Jan 11934 11134 1)4 21)4 June ::coo: ■ May 34 Sept Sept 19 Common _i.—.i.——l Feb Amer Tobacco— dep rets ord bearer £1 Bruck Silk Mills Ltd 34 V; 54 34 • Froedtert"Grain & Malt— * 73 Dec 105 1)4 134 Continental Oil of Mex. Apr 1034 300 J;*500 34 dep rets———...— 2)4 2 Dec 4,200 43)4 49?4 11234 11534 3334 v? K June 1,800 54 54 Apr 234 Sept 12)4 Sept Mar Mar 1134 Sept 30 Apr r Sept V' 1 Franklin Co Distilling.—1 Jan Jan ' 2 13 Jan dep rets ord reg—£1 Class B * 2434 Aug 13434 June Ford Motor of Canada- Conv partio Jan 1,300 —* * 54 ui* ' ■J Brlllo Mfg Co common.—* British Amer Oil Co 34 Dec Nov 6,200 1 45 i 634 2034 "2 K —* . 7634 Apr 475 Jan Ford Motor Co Ltd— June l« Jan 2 Y Feb June / 500 134 * » 854 734 * Brill Corp class A 1,300 "ik 9)4 •• Jan 4K 9M 200 5)* 4)4 4K ......1 Mar Jan Nov Jan 250 IK Vot trust ctfs Jan 8)4 Fedders Mfg Co.... Fire Association (Phlia).lO Dec . i,200 834 J 43H 4)4% series B pref. Oct 854 IK Aeronautical.—1 ^i* ' Oct 3834 Feb K ... Class A i(i 1,600 334 41 Dec IK K IK Bridgeport Gas Light Co.* Bridgeport Machine * Preferred ---100 Rubier Co 25)4 1034 Fanny Farmer Candy....1 Fausteel Metallurgical.. • ^ Fiat Amer dep rets......- July 1 30 'M common——1 . Dec .13 - Apr Oct ' Brazilian Tr Lt & Pow„ Class B— 5)4 May 19)4 Oct 534 Dec 4)4 Dec Jan 2 ; " 1 700 ■ 1 0 »• 8)4 - 1 Dec • f: Jan 12)4 534 7% 1st preferred..—100 15 —. Nov 6 2034 5,100 Borne Scrymser Co Bourjois Inc Bowman-Blltmore com— " . • 65)4 OK . ?/'Y40 80 80 i, Empire Powdr part stock * Esquire Inc.' 4 X'. Jan 'i •» - . 6% preferred.——*—100 6 34% preferred..—.100 7% preferred... 100 "165" 8% preferred..1. 100 Equip..5 Equity Corp common..10c 2,900 '300 j; 5)4 534 Empire Dlst El 6% pf 100 - ."350 hi OK June 4)4 ; ; 52 > July 27 f - 534 • 4734 July i 7.200 >l( Empire Gas & Fuel Co— Dec 54J4 OK ElectrographioCorp.'.—.! Elgin Nat Watch Co—.15 Emerson Elec Mfg......4 54 » 56 ; V 5734 r 4> 434 5634 13 Dec 10 71.400 1 54 54!. $6 preferred ii.L—... 100 10K K is, $5 preferred... \ Mar 60)4 Dee 300 r Oct! V " 8% preferredBlumenthal (8) & Co [ : 9 800 34 15 H 5i« 31H $3 opt conv pref 300 50 3 14)4 34 Blue Ridge Corp com Brown 1034 .5 com. Nov 134 Mar 434 July 434 Jan 8234 Jan Feb iin 36,700 Common— Sept Jan Mar 134 Nov 8 250 com.—* Bohack (H C) Co - vie 1 16,000 hii V 5i 14 ii« Compo Shoe Mach— V t c ext to 1946 $3 preferred34 May 3,700 37 Blauner's common Am dep rets 234 18)4 Sept Apr Dec '' 12)4 Vv $2.50 preferred ; .2)4 Jan! Nov "'50 j Jan t 42 1134 Fox (Peter) Brewing Co..5 i. —.. Blrdsboro Steel Foundry Am dep rets 11 Jan 3)4 58)4 Dec Ford Motor of France— 134 1 'ill Aug OK 1554 2 K 98K Berkey &. Gay Furniture.1 Bickfords Inc common-..* Am '••> Warrants Oct 25 • Bell Tel of Canada—100 /"• 34 2iK 760 24>4 2834 I i Aug 5 200 8)4 • 21 Bellanca Aircraft com—.1 . 75 11 34 " T &!4 [ British 10)4 "Jan , i Dec • 3,200 150 ' '" 27: '• '■>. 1K com..10 20 Beaunlt Mills Inc I • • • Class A non-vot Columbia Gas <fc Elec— t BrummellTies Inc..$ Brewster 450 -68 64 - Dec 4)4 May 134 Nov 64 Dec "3,500 1 6% conv preferred Jan *"'• 1,400 Colorado Fuel & Iron warr : 5 Colt's Patent Fire Arms - Baumann—See "Ludwlg" / % 34 " $1.20 conv A Breeze Corp 16 12 9 .2J4 S Nov 8 -Y. Jan 3*4 3)4 "'~K 7)4 Barlow & Seelig Mfg— V'.-. 16i .4 1134 4 Dec 54 100 54 4 July Dec 2)4 9,400 32 32 Baldwin Rubber Co Conv i '"Y O.c'1'' Jan 54 Jan 834 July 41 .Jan 6)4 Oct Dec 234 -4. Baldwin Locomotive— conv •' * ■)'• Oct 17 34 May 534 Jan "350 54 * Babcock &. Wilcox Co $1.50 Jan! i1'"' Jan 7 Dec Jan Dec B Beau Oct i Jan! 7)4 102 "" Mar 13)4 • 4K 9 Feb 3)4 ) 1'' Jan > Fed Compress & W'h'se 25 —10 Collieries 1 Class A common Ayrshire Patoka Basic — 40 525 1,400 "26 "•: 28)4 Y s*> July Feb Jan Axton-Fisher Tobacco- 26 i 34 July Dec 87 20 1534 4^4 Jan *4 \ , Dec 1134 Jan 34 x89)4 ' *» i Dec K 40! C .42 34 26 )4 Economy Grocery stores. 73)4* Dec 48 600 • —1 City Auto Stamping 6)4 5,400 •' 134 $7 preferred series A..* $5 preferred series B.'.r* Easy Washirig Mach' B„ Elec Bond & Share 1434 11034 Dec 5)4 June « 14,700 87 87 '• Jan* : 3 J 76 K - '754 ;.'4,500 6)4 34 Falrchlld 87 , Y 6 )4 Mar I Eureka Pipe Line com..50 Cities Serv P & L $7 pref J 7)4 **■< 200 Eastern States Corp.——* Jan 234 334 59 2)4 57)4 Jan 100 !«4 • 200 v 34 8*4 Jan 13 200 *1*334 234 w "*13" 4)4 12 34 F) <fc Sons com.6 w_—.25 preferred x-w 26 6% preferred w r. - Jan> Dec X:iH. 34 - 1 • Eastern Malleable Iron.25 Jan 534' Jan r Dec .48 $6 preferred Avery (B 34 7 '54 ; 1.200 Feb 434 Dec r« ;1034 ....J. Sept Dec 234 '.v 434% prior pref.....100 6% preferred 1...100 34 - 34 May .s.-•.1v)4 Mar i,'rV.J4.:;J>eO y.', 54>jan 334 Apr 1434 Sept 300 • ■ 5734 preferred.. July 19 Mar 1 ; Jan "i« 34 V ,7 34 ; 254 Dec Dec 54 June •• 34 7' . 10 —. »»» > - Dec 400 4 July July 154 „ Jan Aug) HI July 72 •'•> Common-.—_.......* ' Atlantic Rayon 109 • ' • "'■"'M-O'Uv' 234 Jan 34 -34 * ^ . 50 : 52 Aug 6 Dec .*•• > June ;•< 76 •'■ 3434 • Eagle PlCher'T^kdL Nov 112 Dec ■'! * *16 r 300 ; : 86 ' I * 150 AH 10 K 80 r -I Itli --i July i '' 4 fx 49)4 51: 4 61 t f. Jan> 16)4 July * com Aug' 534 East Gas & Fuel Assbc— V /0 1034 *"*8oV Nov 2,200 OS::]: ••V". IL June - •.-'.4 18)| Jan July 2034 , • • 8 • Apr >375 Y/3:i'Y3':0 ;Yf|. » May 110 cl B 8 % Dec -v2lk' Feb Duro Test Corp common'.! Duval Texas Sulphur—* 'Jan • Jan ' • *" 2)4 v Jan 1 106 Y 100 ' \ Jan' 454 -Dec 600 i - Option warrants..... Cherry-Burrell common. Jan Apr 334 2 54 h'r 1 34 65 2)4 - : 34 •/•■ i8u 34 " > K 34 > -34 f v 12)4-, May Feb 6)4 Durham Hosiery Jan 1)4 108 : Nov Dec 500 >-634. Dec 10)4 34 Dec -.100 3)4 11034 10)4 Aug A7\,i;t!''Ajpr v "Ooo !....« Nov 6% pf.100 Atlantic Coast Fisheries-1 Coast RR Co pref. : ■ *64 :.*• 1)4 Atlanta Gas Lt Nov -Apr v Apr' , ' XXiyi I31 ioo 400 44,; : Oct <113 -, -110 3 Jan 1.200 534 I*- u. • 4 34:; 800 Feb . 7)4: Apr * •• Novr 11 V 0.1. *.*•- Dominion Bridge Co Ltd.* —4- •J Nov 12 * • 354 Nov 6)4 June 534 4)4 Dubiller Condenser Corp.l Aug Apr 2 -Oct 554 * to -Z '.10 Duke Power Co—L._.il00 r ■<>/, 80- "7 ■ 19,400 •35 108 . 654 77)4 ' ' -7 • 29 . . ; .2)4. >234 234 1)4 June •:< 900 :. 107 !07 i *K : v Dobeckmun Co common.1 xK June _ " r r r 254 ■6 34 Nov & Atlanta Birmingham 234 July 1134 Mar 7% preferred..'.iv^. 100 200 *• """300 1134 21 Apr - - * ^ x 7 V Aug *H ""r? 6% preferred——. —--* Laundries of Amer.* Tel & Tel class A--* Assoc 4- .«. if *♦ !. Dec Nov 1034 Dominion 8teel &. Coal B 25 80 6)4 •* ■** July 34 5 10)4 June $5 preferred Assoc 4 " Sept *.Y- "2:800 y-r?K : Dec 5 34 634 6K Dec 434 v- 1,100 1 1 — "••• ",*'4 K " 1134 ■ " Draper CorpL .•—[..——* Driver Harris Co.——.ilO 103" 34 4 9 „■ r 10)4 Jan) Sept! Jan) changed to Hildick Products Corp. : 121-m July "r400 M 110)4110)4 - Name J4 Aug UlOv^cNov Feb Dec " • J 41 40 ,'v •< J- - 96 Apr ■; 2)4 *i» Distilled Liquors Corp— • 1)4: May cam Dot **634 40 -r 2)4 Dec 54 634 7934 June 300 {Associated Gas & Elec— Common.. 2 Dec 11 Diamond Shoe oommon—* Jan ■ - Sept Jan 10834 « <15 .<->®i8 4,800 ;^H: 4>"•[- — July , '*u Catalin Corp of Amer— 3,100 4M B Castle (A M) common. ~"5~K:~5K 4 H Class Oct 334 134 734 June 5K , Jan , Jan Jan • '""hi'Tk 16:860 .".i—». Aug ,12 June 103 „ Industries reg—-£1 Class A— > Dec 734 , 3)4 334 Dec i>i6 Aro Associated Elec Amer dep rets 8 - Dec Mar 154 r V Dec Mar 234 1,300 Arkansas P & L Equipment Corp—-.1 Art Metal Works com—-.5 Ashland Oil & Ref Co 1 Assoc Breweries of Can..* 3 J Syndicate Carib K H non-vot--* preferred.. —---10 $7 pref—* 834 Sept Jan 7 34 'J8 34 Dec 414H i# Jan 7X Common cl A 7% preferred..-- 34 40° com.-.* V . 11 ► 334 103)4 10534 iv< 85 , 29 7% preferred-.:.—.10 "lM- r- v500 v De Vllblss Co common.. 10 .i?. p - Divco-Twin Truck com..! <;>?!• June 11)4 100 v 3)4- Jan r- 5 • ,"!,200 {Detroit Paper Prod——1 13 —.... 34 2 ! 54 Det Mich Stove Go com.il Dec 2)4 600 "'•-.".i- -t-4 Dec 1,300 4 . 2 Dec .'.'1)4 3 154 Jan 34 i|j Nov .: 1,000 Aug —— High Low, '54 Mar Detroit Steel Prod—1.10 Alcohol— Nov 2 Ms preferred—100 Canadian Indus Li ' / High '54 Gray Iron Fdy—1 Range Since Jan. I, I9ii Shares 2)4 3)4 *Jan • Apr May Detroit i Low Price Week '■ ,534 < y irfh'! •<" •234 • 2)4 Canadian Dredg & Dock ,:/ 1)4 3,500 14- ;-;i25 ,1334 Dec Y13 J4 xl4 \ Oct 200 2 K 2)4 Apr 84 Dec . 534 3^66 2)4 V'. ■ *; ,'44* of Prices for : Week's Range Sale Par w r Jan Sept 9)4 700 '«/. 44 900 May 3234 4,000 19,900 2)4 i * 1.100 Kr."-.-- j Last High y'-.r-' .734 Dec 34 ■ Dec .154 May 600 .. < IK -/If t 234 24: "*6)4 ~rf~T 1 Low »• Shares 8?./ »V4 ... —M- >..,1)4 Callite Tungsten Corp.. Sept 50 Republics.-.-10 Amer Scal-Kap common. .2 834 California Elec Power... Aug 2334 Price Jan 1534 1634 , Oct 33 79)4 American 6% Dec 28 Co common .100 Arkansas Nat Gas Dec 103 575 Preferred..+ 4>4% July Jan 11334 Feb 334 Jan 30)4 17 34 11K 10)4 10)4 Week 1 1334 Apr Nov 25 .25 preferred———25 6% Shares 21 Yx - for of Prices Low • Hlgd Par High Low 10)4 IflH 103 Amer Lt & Trac com... Amer Mfg 10 20 K Elec.—10 4*4% preferred.. 100 Amer General Corp com 10c $2 conv preferred. — —! $2.50 conv preferred-—1 Amer Hard Rubber Co..50 Amer Laundry Mach.—20 American Gas & Week's Rduge Sale (Continued) pule* Friday STOCKS (Continued) Rang* Since Jan. 1,1941 Last STOCKS Range Since Jan. 1,1941 STOCKS (Continued) Sates Friday i Saes - * 254 15 34 1.500 - 14 Nov Dec 2 5)4 Sept Jan 26 54 Jan Volume 154 Number 4023 THE COMMERCIAL & FINANCIAL CHRONICLE NEW YORK CURB EXCHANGE Friday ("h-M'-V STOCKS f Last f'^.(Continued) ■ Salt Price Hearn DePt Stores com..6 <' 6% Hecla Deferred.-.50 conv Mining Co—;«.25c Helena Rubenstein...L—* Sales Week's Hanoi ii of Prices i Low:, ~~H ipA I, 1H; i 26 ~-^$TOCKS-~ (Com Inued) : 6% 4% Sales Last & Week's Range Sale "df Prices Price ■Week Shares j 1H i Friday .Range Since Jan. r 1941 '^for. Low High ■for Friday Range Since Jan. 1,1941 STOCKS Week Class- A- -■ -*-—.-4 a ——* Nor ) Mangel i—10 Holllnger Consol G M—-5 I * i 21.4, . -j 5% -■ Dec :■■'■■''" 2% May - 1 viV^-Oct . "t peninsular Telephone com* S1.40 preferred A 25 Penn-Mex Fuel......:60c Penn Traffic Co....:..2% MhTvate Co neWcotn.V—-♦ Pennroad Corp com...„ 1 Penn Cent Airlines com.. 1 ?Mld-We8t Abrasive ;.ii:50 Midwest OH GoJJ^O.:*10 Midwest Plplng A Bup.l.* '\-'yt(#.;Nov '1 X June Dee &'«* -Jan -y 64 «yvFeb •;r«3 •'y'/'.Oct >. 10 X: - Dec v>2(T%» Jau •s 1 iiyDec :rr2% ;,y .- [ Internat Paper Co w»«r:~Ty i international'Petroleum-^i yrCOupon ehares-4: y-/:'^f;Dec ; *l'- .oi,'. Registered sluires-4.—•* 4 nternatlonal Product#: .:* Jan ' [ International Utility-^-'. % ■r,. CJ^AV:i4^*-y^-*-'y ' : .- Class {• ; tK75 pfeferred- :: J-:L* : < < 13.50 prior pref— j Interstate {Home Equlp/.l ' " ;■> »m Nov y r "SJ^ iDec '26 :'i 14 X Dec Pennsylvania Sugar com 20 Penn Water A Power Co.* Pepperell Mfg Co—.UIOO Perfect ~ ;Mtg<! Bank Of Cot AttfsluN ; Apr Jan v MX common.* Phlla Elec Co S5 pref....* Pblla Elec Pow 8% pref .25 Phillips Packing Co::.—* Phoenix Securities—(■ '■). I Ioteratata-HosleQi Mllis. J.A Interstate Power $7 pfefy* I - Investors .Royalty. -y-il j IronFlreman MfgV to-'--* Irving Alr Chbte^.—: J."-:-I ;;4hJi';;Dec .s-J X^F*>b j Italian Superpower miis ('ic.-yrw iy -j Ur:I)ec y^K';Feb" { If) X- May mm+Vee- I v M>3XJen a* iS.48>4 >A\H : v-8 !!/■. Dec CK- Mar Jan —- Jeannette 7% preferred, V.: .... Powdrell A Alexander...5 Power Corp of Canada...* 6% 1st preferred.:.. 100 Pratt A Lambert Co.....* Premier Gold Mlulng...:i 100 Prentice-Hall inc com...* Pressed Metals of Am...1 Producers Corp of Nev_..l Prosperity Co class"B...* Providence Gas......."..* f-S* K": '" i 6% preferred,...::. 100 i i Pneumatlo Scale com... 10 Polaris Mining Co.....25c Potrero Sugar common..5 Glasa Co. -I: j# s : Pleasant Valley Wine CO. 1 Johnson Publishing Co.10 Julian A Kokieuge com-* j .» Plough Inc common.—7.60 v.t: j( ■*..! Antral Pow A Lt-5%%. preferred—-'4:100 i -> Pltney-Bowes Postage .• i; i ' Pittsburgh A Lake Erie.50 Pittsburgh Metallurgical 10 Pittsburgh Plate Glass. .25 Jersey i ■»" Meter : ......* Pitts Bess ALE RRii.SO Jacobs « i «' J 2.'—'* 6% preferred . i. j^y-H)0 ppp,H * Pioneer Gold Mines Ltd.I •Mountain Sts Tel A Tol 100 (Murray Ohlo(Mfg Oo^.s JMuskegoH Piston QbntSM : Muskogee Go, common, is*i :-v'.:,'.tv:j Commo n.-Li—: i , Plerce.Governor common. * Producers, lilt) •Mountain Btates Power-1-" 1 Common...... 1 Conv S3 pref series A. 10 i MountairrClty Go p com _Nf s S-.-* 1 Mountain Co.:—...* Philadelphia Co t-jtjff.. 10 " Jan Circle Pharis Tire A Rubber...1 Monroe Loah tfoC'AIlv'— 1 Jah y *^ OX Nov : -1 Penn Salt Mfg Co.-:::.50 Cotamorf. 2 ;60 (Molybdenum C<>rpi>:'/."lil {Monarch MachlnC TooRv* ~Monogram Plctdres email Mai* hi . S2.80series pref..:....* A Elec— Class A common......* Penn Pr A Lt S7 pref..:* SO preferred—.....v.* {Mock Jud VObhrtnger—' tV ' -Montgomery sWard'-AwL* 'Montreal-Lb Ht A Potriif* hntr* a: ;Y*V '(Moody Investors part pf.4 "■~<7X Oct iMoore.(Tom) DlSt Bttop. 1 jSscSt Intarnat Safety-Bazor B.* . : 5 .{Montana DakotaVtH.-ilO > , IMtnnesota P A L'7% W100 ...Dec 'vr ll-Jf Sept ^11%'Sept •• I Jan 7%-Sept . Pennsylvania Gas ' I^eb AX S5 series pref i .-<-4 fMlsslsslppPRiveF PoWef—1 '-:vk .i',6% preferred...y.Z-Ji-100 .8*1 ^LK>:Dee :S.n7,%v-'Jsn I Missouri Pub SeY v OOm t '. * ¥ r "vy . . . Pennsylvania Edison Co— y '-Mining Corp Of Cahada.i* "Minnesota Mln A Mtg.V.* TCvisi•. . Patchogue-PlymouthMUIs* -$2 conv preferred—.:.* ';• y A-'«••* • -4 ' Midland 8tce) products— •' P $2 uon ouitf dlv shares.4 ■ r-f . Parker Pen Co (Mid-West Refineries.-i:':! j v; Paramount Motors Corp.l :i:..10 Parkeraburg Rig A Reel. l t p.-V. ,f f Internat Metal Indus. A::*1 \'y-H.y■ v - 7% preferred.;UiOriOO > Insurance C^O of No Afla.lO , International Cigar M acb * i Internal Hydro Eleo—' j c' Pfef 13.50 serlehi. *j.~pQ '.Interna* Industries Inc.Jl •!, Class B . American shares::..... Middle West Corp 0om..5 'Midland OH Corp—1-•- <'*£ t. " ' Page-Hersey Tubes...J..* Pantepec Oil of Venezuela—• \Cliss A VtC— » ' ~iGlas8fB«ii^:VWi>-(..-l .' P A L 7% pref.. 100 Pacific Public Service...* ' SI.30 1st preferred....* rPrcferrOd1. ,7%;: Feb Ter Ilium OU-y- >» Non-voting class AU: -1 \> 6%% 1st preferred.-.25 Pacific Lighting $5 pref..* Pacific Middle" Stated Petrcleum— (. Indian j Pacific Can Co common..* Pacific G A E 6% 1st pf .25 V ■*?/ '■•>. '? .*■!'• 7% Sept IndlanftPlpe Llne.li-.TH - r Dee 5X Indianapolis Power A Light 5H% preferred——t 100 Indiana Service 0% PC-1Q0 r'! ~~ 7% .• preferred> :.. i:l 100 '• j f M icromatic Holrts-Corp ..I ■y - ■%.% 1 - Sept , • : •- Michigan Sugar '• Mar IX , • •-'-v: y.ii 3X ' Jan Dec ::'^35i"'-;.:Jan' 1'Michigan Bumper Corp..I (Michigan Ste^l Tube.-2.50 <;1 X NOV irlX.-- Jan i-9 Dec r -13% Aug i Imperial Chemical Indus— i ;Am dep rets- regis.:.41 ; Imperial(Hl-(CaR) coup..* ' Registered t Imperial Tobacco of Can. 5 .J'jrkw I * i. I'Si.V. i j Imperial Tobacco of Great ; Britain- A < lrelaad.__.il JJPentw * • (Metal Textile Corp.—>.25c (' Partic preferred.iiliVlfl 'Metropolitan Edison—! I: $6 preferred .i—ij..—* pHkOcl 4%' conv -preferred—:50 Dlv arrear,<rtf8..ii,:a;f Illinois (Zino. ■y-j» $6% conv prior pref...* Oliver Utd Filters B.:...* Omar Inc.: 1 Overseas Securities 1 6%% A preferred.—100 •Messabl Iron Co-.;.i:':'i.l ; ■ y i,-,V to common i com. 15 S3 preferred...—50 1 iMerrltt Chapman AS<iott * •> Illinois Iowa Power Co—* lnduatrlal llnanoe— com'—* Participating preferred * : . Oklahoma Nat Gas l { *-Warrants.'ii.— Hygrade Sylvania new;—1* '* > . t-'V. Hydro-Electric Securities 5 Hygrade Food Prodi.—5 t I 'it >v • {Merchants: A: Mfg el -Ao:l . 6% 1st preferred.:-.. 100 Oil8tooks Ltd common...5 '•• l *' Dredging.—* fMercantile Stored, Llgonier.-Co..* Huyler's com.:'——1 V t c for 1st pref— 1 ? j McCordrRad"A Mfg B.I.* "(Mead Johnson A-Cof—Ll—4 fMemplils Nat Gas com.:5 HuttimdPRosa Fibre Corp 5 ;• A Ohio Oil 6% preferred. 100 Ohio Power 4%% pref.100 Ohio P 8 7% 1st pref... 100 ! -14'preferred. —-J-J. I— if (McWillla'ma Humble Oil *r.Rof-^--4-i ; Ohio EdlSon $6 pref.i...* ■ . 5% preferred100 (Harvey) Inc..' 5 Hubbell Husamann Ogden Corp com. —.4 Ohio Brass Co cl B com..* Shovel.:. t Massey Harris common..* May McEwen Kalser'Co—1 Baking.* Horn A Hardart. w * , '.Corps-.:...* Steam Mass Utll Assoc vtvC— i vliv Horn A Hardart . Communication Co Ltd.' I Marlon oom* C) Co common—1 '{ preferred..:...* tMargay' OH Horder's Hormel (Geo A) & Co J *»;>••/ » Northern Sts Pow cl A..25 Novadel-Agene Corp....* ManischeWltz (The B) Co * Mapea Consol Mfg CO.:.* Marconi Intl Marine• Holophane CO common—* ; warr.ii Stores...1 I J S5. conv- ACoclass A.— 10 r.'titl, *.'/.•« IndPubSer6% pf.100 7% preferred.. .100 Northern Pipe Line10 / Manatl Sugar opt Hltdlck Products Corp.2.50 Horn (A Week Shares No Am Utility Securities.*, 'Nor Central Texas 011.1.5 Henry Holt A Co par A-V Hewitt Rubber common. .5 Heyden Chemical High Class B common...—.* Preferred ex-warr.i—25 Hoe (R) Low 6% prior preferred...50 25 Preferred w Week's Rang* of Prices ! North Amer Rayon el A..* Heller Co common.: J— -2 • Salt Price •LudwlgBauman A Co oom* ? Conv 7% 1st pref.-i. 100 Conv 7% lit pf v t c.100 'Lynch Corp Common....6 26% Last (Continued) Shares W]' Prudential Investors.....* | Kansas G A E7% pref. 100 Public Service Of Colorado Kennedy's lne...—:-i—-5 Ken-Rad Tube A Lamp A ♦ . 6% 1st preferred—..100 7% 1st preferred—..100 Puget Sound P A L— F - i- Klmbeny-Clark 6% pf-100 Co Ltg 7% pf H-100 ; (•6% preferred D.:—'. 100 i KIngston Products . ,.i. -: 1 t Klrby Petroleum--—i-:.l \ Klrkl'dLake G M Qo Ltd 1 ; ■f Kings $5 prior preferred. * 16 preferred :...:.* Puget Sound Pulp A Tim * t Pyle-Natlonal Co com...5 Pyrene Manufacturing.. 10 Klein (D Emil) Go com-* Klelnert (I B) Rubber ColO Knott Corp common.... 1 ; . | KobackerStores Inc— I-.* , Koiipcrs CoO% pref J. 100 Kresge Quaker Oats common 514* 6% preferred...:.. Quebec Power Co i e,i'ZM'l < Radlo-Kclth-Orpheum— Option warrants Railway A Light Sec— - \ Lackawanna RR (N J)5-100 Lake Shore Mines Ltd .t j | Laltey Foundry A Mach—I j Lamson Corp of Del—-5 : • • ■,"" ft*- ; r . 7%:Pref.:100 .-106 commoh—1 ^ 7 Class ! Lefcourt Realty '■ . Conv - Dec ; Iveonard Oil Develop..-25 &6xi! Aug •"yyx-sept i 1^ Tourneau (R G> Inp_.l IJne Material Co..—;.—5 z34 Xt -Aug : Llpton (Thos J) Inc—; j6% preferredvivl :'2u2b j Locke Steel I'. • , •■^SX- Jan V Lit, Brothers oommon.—» Chalnrw_L—6 s.f 200 -5.900 iiDec yI0%^ Jan vefc. ybs&f# 1.725 I LoulslapttLand AFbtptor: l 14.206 * ••#«*•.Y>• 12,500 I Common, -r | Louisiana B A L*6- pref:* U1 Rice Stlx Dry Goods..:..* Richmond Radiator.— — 1 Rio Grande Valley Gas Co I Voting trust ctfs.:—..1 ,425 GAE16% pfC 100 6% preferred D.....100 Rochester Tel c y}.—* t Reliance Elec A Engln'r'g 5 Rbeem Mfg Co i 150 7% pref tlMe A.:i-|Tt)0 £% pret class B. >. llOO Loudon P«klhg:>;>:i:3* i-v common 60c Red Bank OH Co——_* Reed Roller Bit Co—* Relter Foster Oil Corp.50c Rochester y v'l't" Lope Star Qas CorP:-U.* Long Island Lighting— Common... '....* $3 conv preferred. * Raytheon Mfg Republic Aviation..t.... 1 Lehigh Coal A Nav.-t.L:.* ■ Sept !•" V " i 17 T. ] i 'June >~3%-.Dec common.! preferred S • yW# : Jan J Langendorf Utd B&kerles-^} \. Class A . J-v.v—j. — i Voting common:.....10 Railway A Utll Invest A.l Raymond Concrete Pile— 4 i Lane Bryant 1 Lane Wells Co IX; (Dbc ^35% (July A .-Dec \ijS?X Aug IX Jan 3% Sept Sji - Dec • S«; July »6..,NOva0»^<Feb 6%% pflOO Roeser A Pendleton Inc.* Rome Cable Corp com..5 Roosevelt Field InoJ.'... 5 Root Petroleum Co..... •: $1.20 Roesla conv iWge*1623. _ 1 pref..:4..20 International..:..* Royallte OH Co Ltd—.:!* Royal Typewriter..—. * . For footnotes see Dec " 6X June . i- Den 42 i Dept Stores—■ 4% conv 1st pref—- .100 Kress (8 H) special pref. 10 Kreuger Brewing Co.—- -T > _ Tuesday, December 23, 1941 FINANCIAL CHRONICLE THE COMMERCIAL & 1622 NEW YORK CURB EXCHANGE STOCKS Lai | (Continued.) Sale Russeks Par Week's Price Ranoi of Prices Low ■ moh (Concluded) Fifth Ave..., 24 2X 1 Aeronautical Co— Coneol Petrol Ryerson & Ilayues com Ryan 1 600 3 Apr 44 64 2 4 400 2 Deo 900 % X Sept BONDS' Shared (Continued) 14 ,600 14 14 Tung-Sol I Jimp Works ...1 >14 "64 Dec - t Apr 14 July Dec * 80c conv preferred. Sept ■ 100 tl July 74 1 Jan St Ltd. pre!.. Lawrence Corp Class A $2 conv St Regis 100 1 r . Paper common. xx *16,400 1 XX 1084 2 4 4 July H 2,600 X 100 100 114 2 X 10 23 X Schiff Co common—*—— 34 Jan 4 June Nov v Dec J. 28 Sept X July Jan X 4 23 . Jan Nov Oct <11. X '11X Corp com Savoy Oil Co,—....—® July 24 121 : Feb 3.400 Sanford Mills. Sept 10 Dee 70 24 2% 14 May 14 175 "1084 106 1 10 7% preferred,, 400 Salt Dome Oil Co— Samson U nited ' 20 15 Dec -!• • 1 preferred...— .25 Schulte (D A) common.. Conv y* ,-..-.-25 *20 8covill Mfg '; 4. 8 *21*4 *2/500 ,"'26" $6 pref—> Scranton Eleo H Nov 10,600 4 Water 194 Seemau Bros /" *" X ..... _ 30 ; *31 634 .f 64 *31 ,: . - '-<■»>— 36 Wx Common.., Convertible stock $5,50 prior stock .: 3 84 M« < - 3 Selby Slice Co Selected Industries Inc— :*M"6O 34 i 84 i h/ 8V" i Oct Jan Mi 1,800 250 25 "38*" Allotment certificates 14 38 37 4 1.4 . ' 40 39 374 14 38 350 { Dec Me 11,900 1,250 1,450 *32 Ml ' Aug Sept Oct X 2 4 Nov 64 74 June flO 4 ...4. Nov "'"k warrants...-i ls»» United Corp 1 1st $7 pref non-voting..* United Lt & Pow \ 84 Feb Deo 4 1,100 X 14 "*300 2% ; ,34 8 8,4 .62 X 65.', 110 113 4 2*i 84 3,£00 44 24 7 X - 62 X 110 800 44 62 3,400 Dec 1401 109 Feb 94 Sept B...;.l 24 f 84 Aug 1154 Jan 84 Dec Dec ' - r .--''",.5 "i 3 . Simmons-Boardman Pub— * Simplicity Pa:tern corn..l 81 npeon's Ltd B stocks..* ■'524 544 284 AX 34 524 284 .100 14 5 3.200 .. Singer Mfg Co.... 100 Singer Mfg Co Ltd— Anier dep rets ord rcg.£l Sioux City 1?: Apr 24 129 140 142 102 4 June 1594 Sept 12 .20 C • *93* 93 10 X ■ 4 Feb Corp———-1 1 cotn..l 25 Southwest Pa Pipe Li.ie,10 Soaotone Sons Mfg common South Coast Corp Pe in Oil.. 24 600 14 FMo 400 4 1 Universal Insurance 200 .8 ?' 1.000 1 % 2 7 1,20 J 2 14 Jan i Dec 1 '•* i Sugar... '• 34 Jan 300 1 Feb l' 24 1,900 29 Dec 434 Sept Aug 23 4 43 100 44 23 30 234 38 51 50 *"".M« Equities com.. 10c $5.50 priority stock—.1 Utility 33 334 +, 304 Apr Jan preferred.25 6% preferred B +.25 54% pref series C-.25 Southern C4o Pow cl A.25 7% preferred ...100 27*i 274 29 500 274 Dec 4ft4 314 26 4 26 4 27 400 26 4 Dee 294 South New E 4 Nov Southern 4 1 5 Valspar Corp com... $4 conv preferred 4 154 154 r 83 7% pref. 100 Gas.....* Preferred A 25 Southland Royalty Co,-.5 — 1H 24.4 5- &Bros...l preferred +.-* Spehcer tshoe Corp——'.* Stahl-Meyer Inc— * Standard Brewing Go...* 1st Jan 14 900 2 ' Jan Jan to 244*24 4 5 5 4 2",200 Mo ia :i;; Jan Nov 8 20 5 Jan 4 100 1 2 Feb 4 4 " "200 Jan 14 Dec ;34 14 Nov Aug • Mar M« Apr ",< 24 preferred,--,—10 114 14 104 J 7% ) Standard Oil (Ohio)— 5% i6 n 16 X 54 Jan Western Dec 174 July Western '—* Products Ui..l Silver Lead 1 Steel Sprl .g.-5 Ta!)e cl B.. -1 Preferred 9 4 164 Dec 144 204 Jan ) Dee Jan Westmoreland 25 107 4 Juu 1124 Nov Standard Standard Standard AX 'i« 13 54 Steel Co of 100 Common.—.." 54 •500 hi 100 4 4 ' Le Me 30 Dec 7,900 4 274 24 Dec 48 / Dee 24 94 200 94 Jan 134 54 6% 1st preferred 50 5% 2d preferred....-20 Sterling Aluminum Prod.l Sterling Brewers Inc.4.1 9 *36 Oct .7; ' 15 f" r'f * -■» June .-24-Jan 34 Aug 1<» i: Feb -- 0 854 Oct 4 "34 (/•/"loo 4. f: 34 44 14 Woodley 4 44 2 Wright Hargreaves Ltd..* 1,500 4 4 Dec J00 4 Feb 14 1,200 4 34 V: ^ 4a0 4 2 4 4 Dec .1967 Eedctal Water -Service 548—i-i-.1954 X ' Stetson (J B) Co com... 24 4 Stilines (Hugo) ; Corp.....5 Machinery.... Sullivan • 4 9% 1 Suu Ray Drug Co.., 84 | 600 ' 13 600 94 84 94 84 -50 104 13 Strooek (o) Co..— 200 84 11 ' 14 3. V Oct .1944 Sunray 5 1 Oil.—— 50 >6% conv pref.. IX 45 2 4 14 45 34 Mo 144 Dee 104 14 * Jan Mar 22 4 Mar 384 Swan Fiach Oil Corp... 15 Apr 12 z34 Nov 1 Curb Technicolor Lie common.* Texas PAL 7% 264 24 Dec 174 Nov 74 5,200 64 ""2 4 14 1,400 pref. 100 'Texon Oil & Land Co...2 Tllo Roofiag Inc 134 ...1 4 i *500 * 3* 300 14 44 Tishman Realty & Constr* ; Jan 900 44 4 ■: 43 200 434 Tobacco Sec Tr Co Ltd— Am dep rcts def reg Todd Shipyards 124 4 300 Sept Mar 1144 ■ " 34 19 4 Dec Dec Me Apr US../'-:' Toledo Edison 1st 5s. — If 1st & ref 5s. 1st & ref 5s-, 1st & ref 44s- 24s t 34s s f debs.. 348 s f debs.—....—.—. Transwestern — Oil Tri-Contiuental .1 Co... 10 >■. S| if, \ 101 Dec 1084 30 107 Dec 114 Jan Mi 4^600 4 Oec 6.,00 2 4 54 *S2 4,700 Jan Dec Me 7 "*34 34 32 1 *4 4 324 ~1 *200 V 100 3 4 32^ Dec page 1623, 994 1024 3,000 72 85 80 42,000 83 4 85 4 884 3 6,000 105 63 4 J38 4 18 40 4 184 884 754 894 1074 110 101 1064 58 4 65 174 454 15 5,000 65 23 804 294 2l/000 5,000 109 • ■, ——1935 &StRy54s-.- 110 i-1966 |:: 110 *79 81 L.1949 Hygrade Food 6s A......',. 6sseries B.-..i:X 184 144 ...1938 , 4 t78 1949 - - 20,000 83 1114 *70 4 834 824 704 82 4 I ildabo 1074 1114 11084 »09 -1967 Power ,34s. <1953 105M 105 4 106 4 108 104 4 1044 105 53,000 9,000 105 -.'1954 102 108 1956 Sf deb548-:. —-'.'.XiMay 1967 ilndiana Hydro Elec 53.-22 ..-—'1958 1044 1014 1044 40,000 1014 107 Ill Pr & Lt Iqt 6s ser A—J •_ 1st & ref 6 4H ser B.. J _ . — 1st & ret 5s ser C —.... \ . + 100 101 . - 18,000 1,000 101 100 100 98 100 6,000 :MH 103 . 1014 84 X' .1950 1st lien A ref 5s.......2-—- 76 704 1963 73 74 4 6,000 784 784 2,000 75 924 5,000 105 1094 2,000 6,000 34 34 21 10 4 254 . .1952 .1970 108 108 71X ♦Conv deb 44s s ...J— ♦Convdeb44s.j..♦Conv deb 5s.-..—j...' -105 '■•♦7a (July 1941 coupon)--, 84 > 1044 ♦Debenture 5s ■ •♦Italian Superpower 0s—. „ ■I 1054 " 1004 1034 ; Atlantic City Elec 34s Aug i_ 5s with warrants 5s without warrants -i.L- 2 000 1064 107 4 14,000 1654 1054 1074 1644 131 1125 1044 1054 514 104 104 : 104 ,"7,000 , • 4-1,003 • |56 < 106. 1104 f 354 004 574 "12,000 105•1,000 106 lOt J94 J93 >1014 r 106 108 1254 1254 tl 10 -111.4 I' ••, *' ,t 1094 ' 123 1284 111 2,00ft 1124 v;v •: ■; Suiierlor D!st*Pow^4s--^ ^♦/ueonard Tietz 74» Lake Long island Ltg 6s.-'.-i-.- 194 Louisiana Pow & Lt 5s — -— +104 .1966 ' 1064 1094 109 .1940 .1945 ,102 "161*4..102 1084-1084 .1957 12,000 101 1064 2,000 107 1094 194 M 04 *-154 19 L 104 - • * >69 60 1 105 - 1084 1074 110 jMansrelu Mlu & Smelt— —* 1941 6s stamped..--—---------- .1948 Mengel Co cohV448-—j- .1947 > .100 -100 V 1044 102 47s mtge s f.i ——— — , 11 ... 25, ; 4.. McCord Radiator & Mfg 1 .U»47 125 '4 ..i• 184 "V -1947 1054 1094 ' 104 "••19 4. H4 132,000 104 i 104.'H " 104 26 4 42 ? XX L 104 • -164 .1955 4 1084 594 4I4 358,000 ;■ 35 % tlOO .1966 6s. 34s.—. '7 t •• ■•""* 131 128 16/606 ' .1968 11977 . jiix^nx .17,000 -.114 81.000 104 104 12 104 U04 114 141,000 .1048 7,000 K 1054 1094 t Avery & Sons (B F)t— ; 514 1064 .1965 45,000 .1961 Jan Jan 104 w "Uh .1969 79 ; 80 4 43 4 24 4 1004 108 4 •54 .2022 135-V, 37 1108-4 .1942 Kansas Gas & Elec ; 15 66 4 72,000 20,000 ''-• ' Kansas Pow & Lt 37 744 vvv;/',.-v Jacksonville Gas— • ! 5s stamped— Jersey Cent Pow & 1-t 34s.... 1004 1094 78 834 .1955 4 33 4 ; -•• . .15,000 „ deb £48-.-i.iX—V- 724 33 4 .1903 i.. Kansas Elec Power 34s .1060 _L. Registered 4-i—; z.. 3 72 X 1958 1054 1094 1064 1104 .2021 24 84 .1952 . 1034 1064 . 154 94 2^000 .1952 .1952 108 - 103 9,00.1 22,000 178. 94 1034 1064 2,000 1074 104 1054 115,000 1054 4 5 .1957 — 1024 1054 1034 1034 104 10 4 4 94 .1952 5,000 f ♦Conv Aug 44 6,000 .1940 Assoc T & T deb 54s A-— Atlanta Gas Light 4 4s.. jjj 104 144 .1957 .1967 *7h (Aug 1941 coupon) ♦7s series F.:. •• .1955 .1965 109 Dec 484 -. 107 4 108 .1970 Jan Dee - .-X 1034 104 Jan Deo —— Y Debenture 6s... Iowa Pow & Lt 4 4s I 1,000 1014.1014 1014 .1961 84 - 65 4/000 *ji♦Hamburg El Underground .1970 .2016 Jan ■ Jan. "" •V- "V 1 02 — H ^♦Hamburg Electric7s .1060 .1053 4 54 X 5 $ 1044 'j 5,000 104 4 ' Dec 894 984 1034' 40,000 79 -1948 .1950 Amer Writing Paper 08.— i For footnotes see —+ Am Pow & Lt deb 6s ! warrants. Class A t dobs.,.. § Associated Gas & El Co— 20 Trunz Inc. jTublze Chatillon Corp 8 Associated Elec 4 4s 4 Sept 1044 June '*""4" 1014 75 984 103 1014 *100 American Gas & Elec Co— v July Jan 100 100 78 4 .1945 ' :■•.>'• j .'■< Interstate Power 5s..—... Since Week High vi; (",:1 |Trans Lux Corp 1968 1967 .1956 82 . 4,00ft r Range for of Prices ■" Low— 1956 l +U Arkansas Pr & Lt 5.4...*...^ 50 4 994 .1958 i Sales Week's Range 1951 Jan 110 109 1014 .1963 » - J1054 1054 1946 . 44 Sept 103 lOt 6% prof lUc 7% preferred 100 Tonopah-BelmontDov.lOO Tonopah AltJing of Nev.l 63,000 98 :... -Indiana Service 5s.—... r/h Dec 4 160 -1004 83 84 4 t Guantanamo & West 0s Jan ASli,! Mar 100 4. - 4 904 914 834 tl084 HI Jan ;\'y * 43 "... •' W os.l Corp.. 1014 1064 .1950 44 Jaw 1 Appalachian Elec Pow 34s. AppaUc Power deb 6s.....<— 53 68,000 1054 stpd.——, Green Mountain Power 343--Grocery Store Prod fts...^. Alabama Power Co— Jan 84 Jan 4 June Dec 100 .1950 ..... Gr Nor Pow 5s July ■v Jan H Dee May Jan 25 Dec 24 48 1074 27.000 1024 103 105 1024 1905 . Grand Trunk West 4s—— f*lsarco Hydro Elec 7s—i_... 3 iTobacco & Allied Stocks..* 'Tobacco Prod Exports..* ' 64 984 Thew Shcvel Co com....5 34 1054 .1953 •ii^Gesfriicl 6s jGlen Alden Coal 4s—. 64 Apr 13,300 -14/Dec Sale Price j 3.600 100 4 30 158 4 Jan * Exchange BONDS 1 24 19 14 174 17,000 104 100 4 100 4 58...',. 54 34-Dec Fridag ' 17X 45 1104 29 .1978 5'■ T 1st & ref 5s STuggart Corp com ..1 Tampa Electric Co com..* J10 .1943 Jan Oct Apr 94 1004 100 4 .1948 ♦7s series E...+ 24 Nov 464 Sept Superior Port Ceme.it— Class B common.,,.. 108 General Wat Wks A Elec 5s... {International Power Sec— *6 48 Beries C...."—... j - July Jan 374 1956 . f F--64« (Dec 11941 coupon) i*. July Dec 1OO 1004 .1969 Indianapolis Pow & Lt 343X1-. Nov 400 35 ■ Jan 19 3,600 i 444 22 .1953 -54 V 64 Dec \v-4>«F Last Superior Oil Co (Calif)..25 97 4 1034 100 107 2,000 107 Gary Electric & Gas— i 6s cx-warrstainped.— JGatlneau Power 84« A~—...: ♦Indianapolis Gas 5s A—----- July Dec 11,000 1034 104 107 1960 1954 Jan 117 Mar 4- .. 13 Mar V Deo i '84 114 .. Jan 94 Sept Mar 64 v Feb y July 04 Mar 4.'Nov 100 — *14 >; 7' July 54 May * 104 51 ♦HungarianItal Bk 74s— —1903 1ah ,v Jan : 44 ,1.000 :r 90 4 78 4 1194 120 125 , July . 14 July Apr 93 1122 stamped.—-1961 -F' Inc..——i- Sterling 80 4 102,000 95 4 221,000 84 4 844 93 .1953 J -Houston Lt & Pr 343—2 Sept Sept X X 0 4s scries A_.n.. Sept, 22 " / 21 ' Jan 54 "v Oct V •"l/eoo 7% pf 10U Aug 104 84 Jan .1956 Feb - -J-<■ 10 4 i Oof • 200 '"-i Wolverine Portl Cement 10 77 . {♦Guardian Investors 53—-..- • W104 .64 ,64 Petroleum.....! Wool worth (F W) Ltd— i Amer dep rets ...—5s 5 4 5 — July 41 Dec 7 5.4 Wisconsin P & L Inc.. Wolverine Tube com Apr 44 ox Jan Aug ,-Jan -V;'?;-' 84 Sept Aug 584 • 200 .; 1 Wilson Wilson-Jones Co 7 -&.1 -"! Dec Sterel.l Bros Stores... Products 1,100 54 64 X July Dec Canada.,...,* 10 C) & Co Williams Oil-O-Mat Ht._* May 14 X Stein (A) & Co common.. Williams (R Ms 12 4 .7 Apr X, * Wichita River Oil Corp. 1034 Jan ',a* > 1 9 4 500 Corp v t c.l — Jan 2,300 -A ':' , General Public Service 5s..... Mar 13 Dec IX A; !■ ' '■• Eastern Oas & Fuel 4s Electric Power & Light 5s.; L. .2030 -Elmira Water Lt & RR 5s....... .1950 ^Empire District 151 os.......i„. .1952 {♦General Rayon 6s A..—..... r 40 210 Weyeuberg Shoe Mfg.. 694 534 Nov '4 rl54 June Me 14'4 i 1- 44 12 4 65 984 86 100 Jan - 11. f Apr " !v 61 100 1224 1284 54 Nov • 106 < 24.. Feb ; ' 5' .'' 'July 24-Dec -v.154 Jan :7 3-4 <1 Jan Sept 1,900 •> 1,300 ,r— Jan July 14 H '.v 14 Coal....20 Jan Me Oct Me May 18 IX — Starrett (The) Ms 800 21.4 18 Jan 22 v ? Jaii 14. v" L"i 900 34 24 2.000 24,000 101 101 Jan: Western Tablet & Station"y 2.000 60 4 004 100 101 1074 1124 1054 111 pm'H' rmm Hanks 8s-5s 954 June 100 7% 1st preferred *1*7*4 4,300 lS "2/760 , com...20 Grocer 200 110 24 24 24 24 24 Inc—1 Westmoreland Ino 110/ 110- "'"-24 2? 4 994 984 105 117 1314 88 Jan Aug >114: Sept . —12 2* 91 :<994 Aug - L-.'X 9'." Sept 93 ■/> Slept v Dec 44 'Feb M.,74 Dec 'V 4. - Dec 4 Jan s 4 Nov Mv X'"Jan /""soft Maryland lty— IX Standard Power & Light. 1 Common class B-i—* Standard Sept .1955 10,000 8.000 914 111,000 904 914 ...i .1944 •'^ .i5.4VrD.ec West Texas Utll $6 pref. Dec ; preferred—,,,.100 3 > 3(M) Mi West Va Coal & Coke—..5 14 24 .1958 — Cuban Tobacco 5i Eric Lighting 5i... •' < U 104 Dec Continental Gas & ElccSsi 5,000 1254 1254 I 83 Wayne K .Ittl ig Mills...5 Lines 117 .1954 Jan Mi 100 64 34,000 25,000 1,000 103' 117 Coasolldatcd Gas (Bait City)— Gen mtge 44s.— Dec 49 ■x 74. June r ;tx .""*400 Wellington Oil Co—T— 1 1.25 800 14 • 200 5 54/ 54 S.1U0 lig C0..A...I Air 102 Georgia Power & Light 5 AVeatworth Mfg .? 14; "• 8,000 w.'..*4 Class B—L—-.... .Walker Ml 75,000 88 93 " 3 ." July 804 -Dec —" 1 preferred— '' 904 77 1! ♦Ercolc Marllli Elec Mfg— IJoc 4 ;!•' - Oct Standard Dredgl -g Corp— Common • i 170 84 914 79 109 4 11054 1074 102 4 102 4 Finland Residential Mtge 500 7.4 74 V t 0 extended...4—. 2,700 2 4 11.4 1024 .1971 General Public Utilities 64s A. Wagner Baking—' July 14 May • Nov . Nov 44 Jan 264 64 Feb 6 i 0 'Oct' W Jan 3 July 3,100 10 Standard Cap & Seal com 1 -,.4 $1.60 conv preferred-20 Standard Oil (Ky).—.40 ..304 Feb 4 64 Dec 14 ■ Vi * Western Conv 325 88 ; 1 Waltt & Bond class A...* Southern Union Spalding (A o) 100 54 4 4 54 • 5,4 ' Jan Dec ' Aug o,:'14 Dee >.'« 4 14 ^ ' 'v " • 5 4 4,800 V.L..4 Dec 325 134 May 4 164 44 .'44 Petroleum...1 Venezuelan Va Pub Serv 79 ' Feb 165 1957 1951 Florida Power Co 4s series C Waco Aircraft Co..' Phosphate-C940 LI.ie—-10 t 'M S3 ■■"Ms ■ : 149 4* July igl Tel—»100 Southern Pipe. 1 May 90 4 Florida Power & Light 5s. ( 834 7.000 83 4 96 4 97 94 4 954 96 4 1949 ... 1st ref mtge 24s scries Q. +0C1<>^.: Vogt Manufacturing—..* 5% urigl iid •' • ;V",V» - .Vultee Aircraft Co. Edison— Southern Calif ;.F 1,000 814 203,000 834 66,000 82 4 1952 i...- 1 .-50'*>.Dee 9; 834 "5/706 334 86 4 - 82 .1976 Jan .1%; Jan 259 v "4 49 864 1004 904 1014 83 834 1st ref mtgc 3s scries P....... .1909 1 144 "Jan •..-304 .-. Nov / 174 1,390 1004 J,000 1969 . 3.4sseries N.....'.'...— . Jan 294 24 June * 13 24 534 24 .5 93 36 iConsol Gas El Lt & Pr (Bait)— Jan June 24 4 — Utah Pow & Lt $7 pref..* Utah Radio Products....1 t 33 H 1.4 2 4 >29 July 304 84 V';8.xV8t!'F 93 4 1958 * 54s. Community Pr & Lt 5s 4 614 24 July - 1 '4 2-4 31 .• 64 84 June 88 804 1950 ..i Dec 42 4 129,000 1,000 924 924 934 1966 ..J Debenture 5s.:. Aug - Universal Products Co.. 38 4 84 73 4 694 884 1034 107 4 ••'• •'• Dec Dec 'iA t> Feb 1; 44' Sept Apr ' 1-2 1 V,.' 18,000 20,000 2,000 July > ClassB...........i. 74 Dec K ,—4 Sola? Mfg Co,. South 2 4 Jan Nov 4 Dec './.v MillsAircraft Co.4 Smith (H) Paper Solar 24' Sept 104 y Dec 300 64 716 '•:",••• .: , : 14 June .93" • 4 414 Csnv deb 5s.ii:. 134 ,5 34 /Fob 4154 Oct M& June •'••;•. 4 Sept 4 Dec 14 f Jan 24 Sept :• ;< 54 Jan 4+"- Oet y,vl Jan -:.-54 -Feb V 94 " Oct Jah •i 294 Sept 16,200 1034 1024 100 99 Cities Service P & L 5 ; ,"'600 100 1004 105 3,000 67,000 84 11 8 .104 113,000 97 99 63,000 ities Service 5s., r :r.:4/ijan Paper....-.2 United Wall Utah-Idaho ....—5 '•■ 87 103 4 104 .1955 Cudahy Packing 34s Aug 1X •'■:< 894 87 87^ 103 4 .1952 1 i...—- 6sscries B Mar 274 -Aug .■■■X Dec 14 Nov i. Universal Pictures com..l 129 CAD 7% p/100 Skinner Organ Jan 300 14 1? 123 4 19 § ♦Chicago Rys 6s ctfs Sept •Lvi.'Vs 300 7,000 1054 1144 1004 H5 149 158 V 13,000 .1927 - Cincinnati St Ry 5 4s A j 634 47 v Dec 49 700 . , 794 704 1942 .1954 •■•5X Dec Sept . 103 103 .1953 Central States Elec 5s... Mi' Jan May 2.X J 014102 lOOMf 102 4 'lriojjl .1948 Debonturc 5s Nov -.64, Ms "2/366 M« 14,000 156 155 .1964 . ... Central States P & L 54s. Jan :i Universal Corp v t c Dec 50 19 19 X 150* .1953 —....... }■ 54s— ■* * * f 6./ : . U S Stores common....50q 1st $7 conv pref——iUnited Stores common.50o Jan M' p.efenedj $3 cnuV 13 :v. Sept 'nHr* , Universal Cooler class A.* Sllex Co common.. ■■■- -Nov Sept 43 i 3,700 / Mi Reclaiming..*, U S Rubber • s 100 ...5 Securities. $5 1st pref with warr...* U S Plywood— (7 ;•: $1.50 conv pref 20 U S Radiator com— .1 Jan Oct <5C4 '. 274 454 400 74 .24 Jan 4 114 'MV-Mi: Jan Canadian Pacific lty 08 Connecticut Lt & Pr 7s A. 4 Jan 6 X 44 74 •7 Dec m *5,750 / 50 4 74 U S Graphite common 54 Central 111 El & Gas 34s Apr .j.80,« >. 44 45 4 484 Specialties com__l U S Foil Co elzss Feb Feb Ganada Northern Power 5s 123: June r —25 Preferred. Mar 4 1970 Jan ; 1054 1274 Jan Mar 70,', 2,000 1908 Jan Sept . L'294 25. 22 54,000 110 1954 A ug 17 4 {'Dec Jan 4 Apr Nov 204 preferred.—i.u 10 Mar Jan "*44 ~~4X a 4; 500 264 United Shoe Maoh com_25 50 • .i—- Boston Edison 24s lMi rr Dec "'?'';M« •Mi Ml !'Dec 5.500 Profit Sharing.250 10% f 1998 •8 4 .Mu r. 1134 1900 . .Broad River Power15s... —— 1 United "v X 204 *32' $3 partlo preferred...—* United N J RR & Canal 100 United — -1114 1134 1134 tll3 114 noii Jan Mar A 891 80 . ' 20.700 1957 5s series C...f— Bethlehem Steel 6s.; Dec ■^'.(Mf'Nov % 110 . 18 18 ■\ X i Mi v{'. .84. *12 .:.* July Selfrldge Provluc'l Sts X M2 ■ 10 500 • 4 '"■a NOV Feb 1064 900 Since ■> - 1st 5s sorlcs B.———- Dec 4 V: ' U 8 and Int'l Ltd. Am dep rets ord reg...l Sentry Safety Control.,-1 Serrick Curp chvs B 1 Seton Leather common...* Sbattuck Denn Mining—-5 Sbawlulgan Wat & Pow—* SberwiiL-Wliliaims com^-25 5% cum prefser AAA100 Sherwin-Williams of Can * Mi y J A—* * com Common class B_ $6 1st preferred -4'June .. 29*300 Me 113 110 1104 Option warrants...c..-- :t •*/'■ 6()(j 14,300 l*"yt 'an ..4:7 4 '• 1 com...l United Gas Corp 50 Dec 374 • X • 34 .Mi lUnited Elastlo Corp.....* 3 ■} Nov Dec 5 4 F Dec ":(164 sept 0L>/.Apr w 144 Dec Nov 004 -Aug '61 900 7 . Jan .41 Jan Apr 34 ■a-' & part pref... cum •United Gas & Elec Co— Mar 4 « —-4 5 $3 Jan Mi Mar •'•9 > ^..^..1950 Convertible 6s Bell Telephone of Canada— J Birmingham Elec 44s 64 64 | 7% preferred.'...'—-100 Jan r Jan 44 i *54 Nov June *;• . United Milk Products...* ?4 Segal Lock & Hardware.. Selberllng Rubber com... • 3 -74 " Dec Dec \Hc^2 iUn Clgar-Whelan Sts. .10c Jan 7144 14 Dec 700 " Dee ,900 F' '.United Chemicals com...* Jan Feb f 115 Nov 8.000 uii 4 general... Inc 22 ",'h :'H 74 73 Scullln Steel Co com.—*. Warrants ' ,100 .4 24, Dec 5 . Jan 294 1154 Dec Mar May < 24 44 Investment jUntted Aircraft Prod....l Jan 134 Dec . 17 X Spring BrookService SO pref.. Securities Corp • 114 •Scranton Lace common., Scranton "ii 24 44 com..*' iUn Stk Yds of Omaha. lOu Union Sept ' 2 k *Udyllte Corp, 1 'Unexcelled M*fg Co 10 iUnlon Gas ofJCanada....* Range Jan. 1 Baldwin Locomotive Works— I T ; Price for Week B 'rb'.-r. \ ■/ U of Prices Low High 24 ' Jan 24 Mi 2 Dec 4 W * Ryan Weeks ~jforA • Price Par Hioh Low Shares of Prices Low • High Week's Range Sale Week's Range Sale * Sales Last Range Since Jan,»1,1941 Last STOCKS Ranos Since Jan. 1,1941 for Week Friday Sales Friday Sales Friday t-74. *094 99 100 77 82 8,000 V 90 954 101 1623 & FINANCIAL CHRONICLE THE COMMERCIAL Number 4023 Volume 154 NEW YORK CURB EXCHANGE IVceA:','? Last - Sale {Continued) Price ;'t 4sseries G... 8,000 •' 1,000 OS 98 52 52 51% 48. 8,000 13,000 Minn P & L 4%s 1978 102 21,000 102 1955 105% 105% 103 V\ 103% 3,000 12,000 S f deb 4s 105% 108)4 111% 111% .98% 100 9,000 .4,000 109 ; 1st & ref 5s.. t.«. _ *-. - „ *.. * 102.If 107% ... - 103% Mississippi Pow A Et 5s..4..•„,...1957 Mississippi River Power 1st 5s 1951 Missouri Pub Kerv 5s 1960 111% 1st A ref 5sser - -v National Pow & Et 5s B..„ New Amsterdam Gas 5s 1,000 15 97 87 17,001) 1952 1,000 75% 75% i 3%s New England Pow New England Pow Assn 57,000 35,000 98,000 •56 Jf 56 . '87% N Y & Westohester Etg 104% 104% —1954 6 %s_....... 1953 *114% ------ A Debenture 6s....' Nippon El Pew 100 107% 1969 ' • J 08% .. Service Is OkD Nat Gas 3 %s B — Okla Power & Water os 106 106 104% 107% 108 16,000 ■ ■ 104 —1977 ^ - * V, - ~ ........... 104% 100 ...Dec 1 ♦Starrett C urp Inc 106 •105- 105 73% 73% 74% 74% 90,000 *7454 73% 74% 17% 17% 17% 103 j.: : 5s series D. ...:: —195. i ::.. 196-* Phila Elec Pow 6%s 107 107% 10/ 106% 105% 114 114% : *103% — 105 109 3,000 17 25% 13 40 ... Conv • "5,600 32% 56% 105 12,000 *109% 112 *98% 102 ... 1947 97 0% Apr Oct Nov 27 Feb 22 Feb 52 Jan 97 July 68 J10 45 , jlj" May 73 May Jan 25" Jan 25 Mar 5 Sept Dec 7 Jan 27 Jan Dee 27 6% Dec 27 Jan 6% 1953 Dec 16 May tl% ♦Secured 6s 5% 0 ...1947 7% 3155 Oct Jan . 107% 108% .'.1968 3%tj......... ,5 %s 64 ..1952 64% 50,000 61% % 106% 109% 66 5f 9% .1950 esAthstpd..:...... 7111' 42,000 112% 7 ♦ 11% 114 9% ; 118% .1949 10% 20 30% 9 Debenture 6 %8 ' 1974 100 . . .1959 Un Et & Rys (♦ e ) » * ... 98% 85 41,000 88 4.000 103% 103% 98 .100% 103% .1962 1st lien A coin 120,000 97% 100 98 100 100 > 44,000 22% Mar 28 23% Apr 2754 Dec 9% Feb 15% Nov 30% Feb 40 Mar 10% 20 r 4355 6% 31,033 1% 1% 7u 20% Oct 16% Sept May 2% 2% Oct 14 55 Nov 6ii! June 8,000 8% Casn sale. Jan Et-laoeress l June Dec Mar lo 0,033 11,033 9% Dec Oct Oljiot -uid. e Et-dlvldeu 1. 1 No sales belaf crauiaotei darluj c irreat week idn ouur era 1j I cut. i Reported In recelvefsniu. 101% 1015f 108% 103 Sept 28 asiorrel dill very sate a Uuder-the rale sale, B Used AOOreviutiunt .1975 ..... Sept 27 % 15 * Friday's Did and a<Ked price. • 30 14 .1945 f 6s_........ No par value n 25 .1941 Debenture 6s.:.'.. 15% 11% 42% Jane With declaration... ♦Parana (State) 7s...1958 ♦Rio de Janeiro 6 %s.. 1959 ♦55fs 1921 ♦Santiago 7s_.__....t 19 49 9 Nov Mar *23% *13% *10 ♦Mtge Bk of Chile 6s.. 1931 ♦Russian Govt 6%s..l919 C 8% Aug 7 5% 9",003 *23% ♦issue of May 1927..... ♦issue cf Oct 1927..., 58% Feb 13 ' Mtge Bk of Bogota 7s. 1947 121% 96 2,000 7H 14 8% 6% J11 ♦Medcllin 7s stamped. 1951 Mtge Bk cf Denmark 5s "72 1*0,003 United Eight A Power Co- 26 ♦6%s stamped..... 1958 ♦Maranhao 7s.......1958 100% 118 7,000 97% _ 107% .1956 82% 69 80% *70 . 100 50 Sept 11% 1[*Gerinan Con Mun 7s.'47 106% 108% 118% 1 "97% 26% 1l*United Industrial6%s 106% 110% 108% 112% 4.000 109% Sept 28% 2055 655 .1952 .....1955 Ext 5s...... II♦United'El Service 79:.:... 03% 100% 86% 98% ♦1st 109 109% 28% Jan 21% 2255 6% 2,000 8% 8% Jan 22 2,000 Nov 6% 26 23% Danzig Port A Waterways U 26% ; High Low % With declaration... 39,000 105% 107% 107 Leonard 115 6 23% Danish 5%s United Elec N j 4s...... 100 91% 92 J23% 92% 15 105 105% 107.% ..1979 102% 106' •!> 12% 29% \ Potomao Edison 5s E.._. 4%sserles F_. Potrero Sugar 7s stamped... .11960 ... Twin City llap Tr 9.O00 *98 ...... - - extended 68% Range Since Jan. 1, 1941 for 4..1951 ♦6s seiles A 92% 5% ..2022 Toledo Edison . 6s stamped -09 .11963 5s........ {♦Uleii & Co—• ♦5s statu pcd. 100% Week VHa.icver (City) 7s.. 1939 II*Ha lover (Prov) 6%8.'4U AJ- .---'.:•-. 6s series 105% 110% U ♦Pomeranian Elec 6s .......1953 Portland Gas & Coke Co— 99% 67 Sales High A Prov Banks 6s B-1951 106 % 110% ... 74 II ♦Cent Bk of German Sta^e '.. ..1956 Tletz (E)—see ::. 105% . 70,000 14 1954 110 Texas Power A'Lt 5s....... 3,000 *100 . 92% 7.000 :1s.1940 ... . Service 5s: Texas Elec 109% 109% ' 3 '*8. 92% 30,000 "73% 1966 92% 69% 74% 69% 33,009 70 of Prices Bcgcta (see Mtge Bauk of ♦Cauca Valley 7s 1948 92% 08 74, 79% 80 07 Week's Range Low Price ♦20-year 7s... .Jan 1947 69% 74 768% 08 AgtiCultural Mtge Bk (Col) ♦20-ye»r 7s....Apr 1946 69 85,00!) 25,000 43,000 75 59 65 .1947 ♦Extl 6s stpd......1952 f*Terni Hydro El65fs..i... 101% 110 2,000 105 1,00!) Lima (City) Peru— 100% 106% 5,000 , 65 „_..1937 Last 10J. 111% 34% 46% 74% 75 74 74% 5s...^.......-1950 Tide Water Power Pennsylvania Wat & Pow 3%s 3",000 41,000 Rtlnncs (Hugo).'CerR— 103% 106% 101 107% 0,000 21,000 104% 1971 Peon Electric 4s E " 38 26% 2,000 40,000 65 108% 114% 119 Friday Bonds 106% 101% 95 21,000 97 % 1)8 25% 26 103% 104% 104% 104% 97% 1955 ■ 1st 5s 110 105% 41 111% 101 8.000 4.000 1944 j... 109 1'♦Baden 7s 7-43 2 i 101 101 101 ...1942 Penn Cent E A P 4%h 105% 99% 100% 1,000 53 40. 6s gold debs'. 1957 Standard Pow & Lt 6si..........1957 10654 109 102 10054 unstamped...2 Sale 105 Debe iture DO 5.0J0 105 74 Foreign Governments & Municipalities 101% 106% 50% 61 105% 109% G)'5s.;..1989 Certificates of deposit Pacific Pow & Etg 5s.. 101"; 103 "•' • - 93 6,000 7106 113% 7,000 6,000 72% i960 {♦Ycrk Rys Co 5s stpd..... ♦Stamped 5n 101% 101% Southwestern Pow & Et 6s.:.....2022 61%, 105% 109% 2,000 107 : 115% 116 ...2030 5% 110 96 104 7-4s 3d stamped.........:..... 1946 Pacific Etg & Pow 5s..... 3,000 85 8,000 — 107 105% 110 5f 105% 106 Standard Gas A Electric— -.1945 1st mtge 3s Ohio Public 98% .1951 Spalding (A ....1)68 .107% 107% 108% 104% li)i% 1971 107% 108% 1962 *105% 106% ...1955 * 1()2 % 104 1948 108 9,000 108% 87% 96% v 34,000 (Stamped).--..:....-, 1948 Conv 0i (stamped)... 1948 ,-• ■" Debe at ure 6s.., * ^1951 mtge3%8 2 3,000 2% 109 108 deb.... 52 84 1104% i03 101 100% 101 104. 104% 104% 1.1970 Southern Indiana Rys 4s ..i. O Ohio Power 1st 91% 31,000 7,000 102 62,009 1,000 2 2% 109 ;; ..... 6s Ogden Gas 1st 5s 79 91% 53 Southwestern Gas A El 3%s.... 49% " Southern Calif Edison 3s.:......1.1906 Southern Calif Gas 3 %8._.„...... 1970 Southern Counties Gas (Calif)— 1st mtge 3s..1971 45 102% 103%; 1,000 103% 99 20 7554 5,000 77 88% 91 5s.j:.'.1.11957 103% 105% 14,000 107% 102% 100 0s stamped.....1944 36% 53 J45 78% ,88% D.1970 1947 • 5,000 65, 55 ; Northern Ind Public Service— f 4,000 102% 102% 103?% 103% 102% ....1956 Ncrtli Boston Etg Prop 3%s._.—1947 Nor Cont'l Util 6%s ......1948 V. IE Sou Carolina Pow 115% 114 ..... 32 5J4sseries A....... 3%s series A.... 1st 4 %s series 103 1,000 100 3,003 1951 Washington Water Power 3%s.v--1961 106% 109% 131 138% 1,000 8 Scullln Steel I no 3s....1951 107% 111% 107 % 5,000 . North American Eight A Power— 1st 7: 101M 10554 1,000 : 1,009 10954 10954 131 131 1979 Sheridan Wyo Coal 6s 2004 4s 4%s..... Joauuln L A J 6s B..........1952 Shawlnlgan W AP 4%8.:.1967 V 111 111 1964 3%8._ 11,000 17,000 Elec 4s West Penn Elec 5».. ♦Schulte Real Est 08....:^.1951 97% 87% 100 101 % 101% 102% 103% 100% 1951 icome Wash Ry a 28% 10% 14 II *Saxon Pub Works 6s..:........1937 109% 82% 101% 101% .......-1940 ♦income 6sseries A San 74,000 New Orleans Public Service— N Y State E & G Safe Harbor Water 40,000 89% ,87% 109 Western Newspaper Union—' 69% 106 102 95 109 101% 1950 .....1946 :... West Penn Traction 5> 6'J5f . 14,090 7,000 97 93% W ♦5s i 8% f ♦Ruht Gas Corp 0 %t-.i. j.tw.l. -1953 -11 •jRuhr Heusiug 6 %8 .4 : 1968 : 69 Jf 56 % 61 - 5s — Debenture 5V$8...„ 62 58% 61% * LOB ; 109 84% ( 82% 80 % 53% ......1950 ......1961 ....1948 ...—1954 Conv deb 8s 60 63% .1948 98 98 Waldorf-Astoria Hotel— 121% 58% 5s...1947 5s..... f 0s 8 90% 6s New England Gas & El Assn 07% ..1916 1st ref 5s series B Deb 75% 121 83)4 101 105 08 90% ' 114 98 1,000 94% 102% 99 07% 98 1914 2022 111 21,000 313% 117 98% 98% 98% Va Pub Service 5 %s A.. 114% 124 50,000 3,000 1 Jan. 104 2-. 112 .... ;1948 162 96 97 C......-1950 1973 Deb 6s series A..:..... 142 42,090 24,000 26 107 Since • a Ucali Power A Eight Ca— 4,000 147% " 08% 100 98% 109 102 % 105% 109 2,000 116 ...1952 Deb 63 rrles A.......... 107 105>4 112 54 4,000 16 15 110% 110% *115% 123 87% 90% 88% 114 i 114 Range for Week of Prices IjOW High 1st lien A gen 4%s 101 2,000 99 % t')7 100% 107% 107% {(♦National Pub Serv 5s otto-. 1978 Nebraska Power 4^s............1981 6sserlC8 A.. 2022 Nevada-Califor la F.leo 53........1956 41,000 145 -.-•. 1st & ref4%s ser D.-----1950 N ..1945 2030 6s ?er!es A..." 105% 109% 13,000 10654 106% 100% .1949 Queens Bnro Gas & Elec— 5%sseries A Nassau A Suffolk Etg 5s 107% 108% 101 104 % -|l 049 102 54 10644 96/4 104 Price ! United Eight A Rys (Me)-»- 6% perpetual certificates..- 105% Sale (Concluded) 1 Jan. Week's Range Last BONDS Since . S Low ' Puget Sound P & E 5%s... 103 of I'rices High « . Week, Public Service of New Jersey—- 601* 1943 1907 102% 103% BONDS- ■ I:.' (Continued), Sales Friday Range for iPee/fc's Range ■ Pub SerV of Indiana 4s.....^....1969 104 98 Ml(llitid Valley RRSs....;.. Milwaukee Gas Eight 4%s 102% '. : 1st mtge 3%8....>wi.--,---,—-1964 ; .V ...1945 Middle States Pet 6 %8.., ' Public Service Co of Colo— % 109 If 100% 110 If 105 3,000 106% 108% 100% 1965 ..... t 106 106 Metropolitan Ed } •S High Low •••"', 1 We.k of Prices BONDS i i for Range bale* Friday Sales Friday 93% 102)5 AOote—"cod," ••cum." cumulative, "v t w "cans," consoll lated; certificates of depodt; *M," 'couv," couvertl0:e; "n-v," in »rtgage, nou vctiug stoea; *w 1," when Issued; "w w," witu warrants, 0," voting trust certificates; 'x w, thout warrants. 11 In all Issues of German, If Trading suspended effective Dec. Japanese bonds. - Italian, and • . OTHER STOCK EXCHANGES •sdies Friday Last Baltimore Stock Exchange Dec. 13 to Last Sale Par Week's Range of Prices Lout High Price : ' Ga Sou A Dec 71% 110% •'• 101 -, 6 Fla 2d pref.. ..100 . Jail 12% 25 1.75 Feb 29% 28 2.80 73 74 . . 29% Feb 3.75 70 81 ' Jan 84 Dec 20% O.t 1.15 200 350 100 Dec X'JX 39 - 24 40 " 3,173 24% 23% Easter it SB jGOiri 16% 39 57 .5 Dec 20% 29% B Gi 39 flat 1976 • 5sflat..........1976 5s 1975 ou A Fla5%.-.-1945 ;, % 49 $29,000 102 8,000 65 05 1,000 Jan 102% ' ' ' ... ;■« Prior preferred. —... pref-.-.-lOO .100 Class B 1st pref std. For footnotes see page ZX'm 21% 41% 13.% 7% 73% 21% 40% 13% ••"'"■ . 1 7% 77% 24% 44 14% J, ,•"•! Low shares ...High •. - ; 1 i 8,765 124%. Dec 168% May 100 6% Nov 399 69 r- Dec 701 20%40% Dec Dec 50% Feb 490 13 Dec 20% Apr 11,760 .'; . ■• 30 • /V ( 10% ' r Jan 97%- * Jan 34% Jau « % Jan H, ^ Nov 3% July 70c 75c 95 51c 1 % Aug 4% 1% 5% 2 1% 1% 1,730 4% Dec 10% Aug 409 1 % Dec Dec 3% •• Dec .-3% - - ^ t, 1% 1627. 1% 1% June Webster 37 262 1% -1% " Aug Aug 45% 3% 3% 46% 101% y lie -• 8% 28% 27 10c Mar May 3c -14% 18% 64e 60c • 10% Feb 915 21,% Doc 30%' Jan 10 79 Dec 94 Jan 4% 131% 2,909 2,23 5 125 26% 3% 1,831 22% 7,159 2% Jan 79 Amer Rad A Stand com..* pref... 100 " "3% 15c 1% 25 28c ).ro Oct Asoestos Mfg Co com Sepi Atcu Top A S Fc com.. O t O it 2% Jan Bastian-Blessiug Co com.* Apr 2 July Bel !tn Mfg 2% Sept Belmont Feb 13% Dec 3% Dec 1-2% Feb 5c May 52c 6% Dec 503 lu Dec 4C 50 13% Dec 19% 055 100% : 820 '>2 5c 25c Feb 17% Dec Brown Feme A Wire com. 1 4% 25% 4% 5% 25% 26% 953 June - 11 Dec --8% 895 4% 1,485 23% v 38 33% 1,350 -59% - % Warren Bros-.:..'..'.-.:i; 20% 20 %\ 20% —1 75 , Bonds— 14% 20% 1,900 200 13% June 10 A 11% 459 13 Doc ir - 9% Deo 259 2 Deo 5% 975 4% Dec 40 r 19 y/0 cum coiiv pref....30 600 1.4% 18% Campbell Wy A Cau Fdy. * Casclo A Co (A M) iom. 10 Jan Dec 18 4 Jan 6% 23 Aug Aug 1 132 ,«% Nov 17 559 15% De. 21 69% 320 63 Dec •95% Jan % 5% 2,199 E. Feb 6i« J.Oy 809 5% % 31,199 33% 449 03% 'u %« Convertible preferred..* Cent S W Util com....50u -6% 5% 1I6 31S 30 9/ 9/ Dec Cent states Pow A Et pf.* 4 ••.••' 30 •* 4 Preferred— Prior lie a preferred 46% July 52c Mar Dec 9% Apr ht Dec 1% June June Chicago E.er Mfg el A..* Caicago-Flex Shaft com. .5 Chicago Rys part ctfsI.lOJ '.*•" : Chicago Kil Cab cap * 8% Curysier Corp common 6 42% m Utensil com..* 2% - • v Apr Com'we. 1th E lison onm.25 Jan 12% 1 5% 63 11 1) * Cent ill Pub serv 86 pref.* Cent 111 Secar Corp oo;n..l :...* Mar 105% Jau Sept 18 Mar Jau 8% 30% ! Jau 31 18% 2 Jy$ Sept 409 2% Jan 78% Jan 145i 10% Cities Sirvice Cj com... 10 104% 101% June 2% Club Al '481 Aug 5% Pan . -■ 75% Dec 4% Deo Dec Dec 3 9% Dec 20 52% 200 5 10c - 5)3 59% 2% -0 % ' Sept 8 5i Aug 20% 39 199 Dec 105 Jan 41 Doc 2% 51% iX 0 Apr 5% 11% % 42% Dec 32% 809 Dee 23% - 2% 670 < June -uns 15 1,150 10% May Apr 19% 12% Aug I 23 % 133 550 Ja.t Dec 7 Convertlblu preferred..* - Jan Doc 759 Caicago Curp commou...l 2,630 6% 35j Dej 21c Apr 1% Sept "6% 2% 8 % 43 Aug 1 63% 16c nan % 8 Dec 46% 3% Jan 1% Dec ■42%, Apr H -■ Burd Piston Ring com...l Bruce J.tn preferred-.....* Co (E L) com.....5 --i.-i Class A % 18c Aug 7% 15% 6 14% 13% 11% 40% 48% 2 4% 10 3% 530 43i Jan Dec 459 3 11% 2% 35% Batter Brutners........ 10 Dec Dec •'•: Aug Dec Daj 19% Aug 25% June 1% June ^l)c -Oct 986 > Feb. 45j Jj ie- Nov 11% Brack A Sons (E J) cap..* 11% Jau 3% 33% c37% Xl4% D% Borg Warner Corp ooni-.O Jau 450 6% 3 5% 11 % 2% 35% 5% 59% Dec 8 11 3" Sept 16 15 38 Bliss A Laughlln Inc com.5 Jan 28) Dec - Jan 2 4,300 7% 1 Apr Sept % 4% Aug 168% 21% Feb 129 Dec •lie 740 "70c Dec De 7,768 — Dec 30 4% % 7 Doc Aug 20% 552 3% id Bergaolf Brewing Curp.-l Botulehem Steel Corp com* Blnks Mfg Co cap:4.. 2% % Corp..* 5 Jjly 24% Dec May % 640 10 com 7 23 51 j ell % 37/i Bendix Aviation com July 0% 21 -18% May Co Radio 350 50 Oct Dee 3% 590 1 X2% (Del)...-.3 Barlow A 8etl g M fg A co m 5 Jan ""2 In Aviation Corp 38 8 23 % 23 Truss Wheel cap..4 Automatic Washer com.3 Jan 79 8 ti At icy May - 100 3 5c Dec 3 V 3 1 4% Aug c25% Associates Invest Co com.* 4% Dec c3% 20 % Equipment Co com.. 1 Apr. % - common..5 July 1 % 1,883 9% Armour A Co. 12% 7,040 1,321 }5 1.4 Aug , 125 125 Anaconda Cup Min cap.50 20 j May 2 434 055 lv 13c 14% 18% 3% 135 - - - - 1,910 15c 18tr 33 Feb May 15 16- 3% May 3% 60 103% 101% v 'i: 10C ■ 399 2,434 E Mass St Ryser A 4 %s Jan 11 % , Jan Nov 5 Dec 27% X D) CoL'—l -.£* vr-fc-rf Dec Mar 10% 10 lie Dnlted v 2 ■ Aug 25% 72% i 43% 2% 309 - 57% 61% 19%" 34% Warren .(S 500 2% 64% - 3 % 2 33% System 1 »n High Feb 46 109 49 United Fruit Wal dorf IjOW Shares 450 47% Union Twist DriR OO.i i.S Qas; Corp -/'J. U.dted Snoe M (en CJriE'25 ~6% cumpret.25 High 20% Amer Pub Serv ^ 3% . Aitis-Cli aimers Mfg Co...* Jau Sept 24% 775 5% lc 8%" Torrington.Qp (Tne)--'-1.:': * hi. I, nee Week 3% 14% 973 - 27% - 90 21 16} 10c ; 13% Shawmut Assn T Aug „ 1% 280 - Utah Metal, A Tun Co 71,1 i 70c - 41% Dec June 4- 25% 4% Peonsylva ,1a RR_. .. ..50 Quincy Mlal.igCo......25 5 10U Class A 1st pref stpd.100 Class A 1st E 58% 74% 30 * Pacific Mills Stone A 75 :■ ' High 124% )34% 125.. Tel.......100 Bird A Son Inc * Boston A Albany...... 100 Boston Edison.........25 Boston Elevated.:...-100 Boston Herald Traveller.* Boston A Maine— Common stamped...100 Preferred stamped... 100 Amer Tel A - 855 ~ ; 2 3-'5 13 RRl^.C.i.lOO Co:..:.:....* Dec 40 26,% 13% -10 16!" 27% - - - Week of Prices Low Price Pa Jan 22 h % 13% " Stocks— 3% - 210 154 1% 1% - com..^.100 preferred- .If.i 100 Old Colony Nov 25! 25 100 North Butte.ri.:.:_.2.50 • % 4 1% -.i : Low Advanced Alum Castings.5 10 20c 15c Copper Co. .15 (Del) com..5 .25 Rings S for Rang of Prices Price Adams Oil A Gas Co com * Oct - 3% Rights (W 1/..?.. Range Since Jan. 1, 1941 for. 16c . 4 N Y N il & HartfRR.-i Sales Week's Range c,ule i '■'•• ■ Mergeutbaler Linotype.:* Narragansett Rac Assn..l National aervbe Co eom.l New"Eng G A E Assnfpref * New Engl Tel A Tel—100 Exchange Friday Last :i--4 Maine Central 19, both inclusive, compiled from official sales lists Dec. 13 to Dec. 20 Eamson Corp Nov July •:•• 132 24. 24.26 15c Cum Week's Abbott Laburatories com.* 7% 780 •5% 5% 23% 24.20 2% • Boston Stock Feb 1(10.1/ Aug 1% 7 % 203 2% 2% 2% Id) we's Tueutres (Bout). 73 .- -Oct Apr 64% 23% Par Stocks— Amer Tel & Tel Co cap. 100 15c Isle Royale Sept 100 102 ----- Au,' Dec Feb %- 20 - Sept 56% 13 4% 41 - Sept 47% Sale 4*1 4 ;••:' 2% .ci iss A She* Last July 419 - 82 B..* '• Mar Mar 40 % - Aug 420 ■ 28 82 - HatbawSy Bak class Sept Jan 33% 3.800 , • July 3% 3% ; Mass Util Associates vtc.l 41 48 20% 4 Gillette Safety Razor Co.* Bonds— A 12% - - Bait, Transit Co 4s 2\i% - Gil dirist Co 13, both inclusive, compiled from official sales lists 3% Deo Dec Dec Dec Feb Get ' - • Georgian Inc (Dip) A prf Feb 900 35c . Trit. Ry-f" "Empl Group Assoc T ci..* Geaeral Capital Corp..|.^i Jan 40c 325 "25a 30c 140 100 42 Preferred... ..c 20c June 18% 25c 8% 33) 40 . Dec 17% ...... 1,2 )9 230 41; preferred.:i00 Adjustment.: 1L .*.. 100 Apr Apr 27% 41 1% % : 1st Jan 2.25 50 25c om 0% preferred.:. -Li .100 Eastern Mass Apr 15 1 % Allied Laboratories cum..* Vh 4%% priorprefr:_r. 100 Apr 100 Chicago Stock Exchange Fuel Assoc— Common...:: uJ. Nov Feb 3 17% Casuilty2 1 i Pa Water A Power com..* U S Fidelity A uuar 2 Co Owlngs Mills Distillery... Eastern Gas A Nov Feb 1.00 2.80 73;> 10% 15% 28.;. WdbM .Is omlOO Vem-W MIEs pref. 100 'Mi.y 9 171 22 22 4% July Oct 150 1.25 preferred........26 No Amer Oil 9 '-••■ 83 5% 5% 5% 4% Get 35% 1,% • Acme Steel Co common.25 5% Dee 39 135 - 1.25 0 21 t Jan 21% »/' 6 - „^ Penn P b— New Amsterdam 29 1255 Copper Range.... Sept ' 230 10 9% 9% ■ Apr 113% 19 • 10% Jan 17 280 39 .Jan ProyiJe'ice.. 100 Calumet A Heola.'....:..5 Jan 5% 1941 High Low ?vVY. .^ Jau Apr ' Mt Vern Mt 43 106 310 122% 125 30 30% Mer.b A Miners'i ransp..* 7% sept 810 9% 38 i' . Md A Pa ItR M011011 W Sept ? 10 47% 106 9% 1 157 1% 2, 1% 2 8% 10% 12-% 14% 1 P. 1 % Brown A Durrell Co com.* Sept 1.00 Ja;i .; :.'5% 1.65 8% 5 prel100 coin.....100 17% Dec 25c 315 106 Deposit....-20 10 Houston Oil 521 43 43% Preferred v t C....-—-1 •'*. of Am A com May 14% 1,055 45a 3.30 * B «ton A ' Fidel A Guar Fire Corp.. Finance Co * 23c 3.20 : * pref v t C-.100 Consul Gas E L A Power.* 4% pref C---100 Enstn Sugar Assoc com vtc 1 1st Fidelity A 13% 15% 15% Arundel Corp.:.-...----* Bait. Transit Co corn v t c. Class 11 1% -4% - _ Boston Pers Prop Trusts. 'High Low 1% -„'-"i00 pref-stpd-100 D 1st pref stydT100 Class-B 15)t pref Week Shares 1. Range Since Jan. for Week Shares - ^ •Class C 1st Range Since Jan. 1, 1941 for High Low Price Par 1. - oaies Friday of Prices Dec. 13 to Dec. Boston A Maine—- compiled from official sales lists Dec. 19, both inclusive, Stocks— Stocks (Concluded) Week's Range Sate ll« Ja 1 , Pan Deo 97 Deo Dec 7 Nov 28 •. 14% % 4% 179 4:, ' Doc lI18 13,500 23% 3,209 % 27% Feu 31% Dec 20 Dec 73 ■- 13% -50 % 8 42% 2% % 20% 1J9 13 51% % 8% 48% /13 259 59 3 21 1,353 ■ % ■; 8 809 909 Jan Jail July Jan Jan Nov % Mar 105* Sept Dec 72% Jau Deo 6*8 July % De- 2% 359 13,05 1 2% 42% f. 8% Dec % 20 Oct jau Jan 47 112% May 20 Dec 30 lad Jan 1624 THE COMMERCIAL & FINANCIAL CHRONICLE Tuesday, December 23, 1941 OTHER STOCK EXCHANGES Frida'i Sales Last Par (Continued) for Sale Stocks Week's Range of Prices Low High Friday Week Price Consolidated Biscuit com.l % 5% Consolidated OH Corp—• Range Since Jan. Low Shares 3,313 5% % 5% Stocks (Concluded) High pf shs.50 Container Corp ol Amer— 5 20 - - - * common.....-25 Cudahy Pack om... 30 12 ';•< 60 5 434 4354 Thompson (J R) com....2 Trane Co (The) com....25 554 Jan D3C Use Dec Dec 15% 2% a* 7% cumulpref 100 Cunningham DrStores.2)4 Curtis Lighting com—2)4 Curtt88-Wright Corp com.l Dayton Rub Mfg com__l Decker (All) & Cohncom 10 Deere & Co common * De Mets Inc pret. —* Diamond T Mot Car com.2 c7% 8)4 6% 1% Dodge Mfg Corp com * Eddy Paper Corp (The)..* Elec Ho osehold Util Corp. 5 1 9)4 . 654 254 16 34 23 34 July Jan 15 1954 Jun 1554 Sept Jan 96 19 2 1 % 734 Jan Dae 10 "4 Dec 1154 U S Rubber Co Apr 2 '4 Feb 2834 7% Sept 2 J4 "40 % ! '! West Un Teleg com .Jan 6154 Feb 7954 Sept 11 Jan 10 Sept May 11 Nov 600 934 13% Dec 14 Jan Apr 21 Aug Wisconsin Bankshs com..* Woodall Indust com..—.2 34 Sept Wrlgley (Wm Jr) Co cap 3334 70 1,853 3 Dsc 250 26 Dec 300 2 May 4 950 135 6 34 1134 16 54 Dec Dec 4,100 47M Dec 128 10554 Dec 1,550 430 3954 547 •• 8 1 315 h 40 Mar U % 2434 Deo Dec 2554 415 19 r,7534 .7754 540 20 | 9234 1 b - Dec 34 V. 92 34 1 254 v Oct Feb Mav Feb 1834 3134 Get 10434 May 450 j 1234 3 cl2 254 5554 ! 550 , 8 854 Dec 7 Dee 634 Oct 8 Jan 1154 Dec 550 670 7 Dec 2054 "1034 10 700 6,050 0% 7 Dec 17 34 1634 834 6% 450 i 8)4 650 Jan Dec 20% G oa)com * ~2i cl B..* 7 Hupp Motor Car com—1 Illinois Brick Co cap.—-10 31% 7 180 734 2954 13 100 1234 May 24 29 H * 29% 5001 8 .900! % , 7% All ■-> "i% 1 com..100 754 Dec % 1,450 134 , 5% 2,2501 512 5% Chrungold——*; Cla Ball Crank. Crosley Corp 350 6334 Dec 9034 Jan 185 654 Dec 45)4 405 4254 Dec 934 5654 July * 501 4 7 —... — -* 1 Eagle-Picher.... —— .10 pref—J.. 190 . Supply com 5 1 May 254 - • A.—i * Kroger Dec 18 Mar 634 Dec 11 Jan Lco uard.. Jan Little Miami gtd—. -"50 Nasi .25 37 100 Kellogg Switchboard com .* 734 8% 3% 7% Keu-IUd T & L com A...* 3% 4 3% 37 Dec 44 5.) 854 De 800 7 3)4 Dec 9 34 534 ... - . _ ..... 50 33% 5% --10 com.7 Lincoln Printing Co com.* $3)4 preferred *—* Lindsay Lt a Uuein coin.* Preferred * — "434 4% 7 May 9 34 Sept 3 Jan 554 Aug P & G 34 34 9 7 34 loJ 50 554 534 capital...* 2,450 130 8 13 9 13 om._—6 10 10 200 10 Dec 5034 _ Dec 85-4 July Dec 734 Jan Nov 34 : 134 Dec 9 21 Jan 634 City Ice Sept General Motors 2 2 Lynch Corp com...—...6 18 18 1834 150 Feb 134 17% June Marshall Field com......* im xll 913 11 Dec Martin (Jlenu L) Co com.l 22% c21% 340 25% 11% 2354 25% 2054 2034 1054 11% com———* McCord Rad & Mfg A..* Mc Williams Dredg'g com * ; 50 300 254 Dec 4 91c June 3 1 52c • 9C 1,350 3c Nov 454 1, 3 3 154 Jan 't 63c Ktugstou Prods ■com.i—.1 1054 32c f 154 45c 47c LaSalle Wlies com..L..L2 154 Masco Screw Prod com... 1 1 154 154 McClanahan Oil com....] Dec 10354 Apr 1034 Feb <15 Oct 1 47c „ 10 . - w 10 ( .... w'.'* w—— 210 110 154 -2954 • • 4 Dec Dec 15 128 8>4 1,382 230 - 2934 3754 .. 120 ... 5154 July Murray Corp com...... 10 — Dec Rickel (H W) common...2 River Ralson Paper com * $2 cum part 2% 27% 334 100 334 334 334 4 Cleveland Stock Exchange July Dec. 13 to Dec. 13, Apr 2954 Dec 26 34 Stearns both inclusive, compiled from official sales lists Aug 220 % 554 Oot 154 11 Dec Dec 1/34 Dec '7,854 Dec 334 Dec 3034 454 554 254 25% 154 v 56c 1,500 .12,383 .754 Apr Timken-Det Axle com..10 Friday Miokelberry's Food Prod Comrr.o i. —' -1 - cap.-.6 Middle West Corp 334 prlienlOO 6 >o preferred A-u--.RH) 7% prior lien.. 100 7% preferred class A. 100 9 v — 3.14 cap....5 4 1734 34 33 2734 1,250 10% 1934 25 "~3 c3 com—1 % Sale Par Stocks— 1754 54 7>4 Dec Dec 34 10 134 634 2834 154 33 Dec 37 2434 Dec 39% 10 Aug Dec Dec 3 8 100 334 19)4 534 11 Aug May 554 , 32 69 Dec 14 Noblitt-Sparas lud cap. .5 North Amer Car com.-.20 20% 2054 700 1954 Dec 3254 Northern 111 Finance com.* "g% 7% pref.100 preferred—100 Nor West Utll Prior lien ■7 7 Paramount Pict Inc com.l Parker Pen Co (The) com ;125 1,050 354 Nov 50 634 Nov 1054 Peoples G 1- & CoKe cap Perfect Circle (l'he) Co..* 254 Dec 254 11% 1034 800 754 June 14 Apr 14 "Jan 1,650 % 34 13% 1834 44% 54 18 % 2,050 1,021 4534 373 50 10 6 May 5134 Feb Dec 2 1,003 1234 150 10 Process 18 9)4 Dec Dec 8 Corp (T.ie) com.. * Inc capital..."..* 18 18 Sept 10 200 16 Dec 1354 51 Radio Corp of Amer com.* ~~2% Raytneon Mfg 0 % pref—5 Common...........50c Reliance Mfg Co com...10 Republic Steel Corp com.* 10% U% 1 com Sangamo Elec Co com...* SchwiUer Cummins Cap.l Sears Roebuck A Co cap. .* "l5% 6% 52 1 Signodo Steel Strap pref.30 Sou Bend Lathe Was cap.6 8piegel Inc 2 common Standard Brands Inc com.* Jan 34 15 834 Jan 1234 26 % r-Y- 63.) 2154 834 Dec 3534 Dec 1434 Jan July 1134 1134 1254 Dec Sept Nov Aircraft Accessories Inc50c Apr 1734 2134 9954 Jan 100 Aug Feb 33*4 Jan 1,180 90c Nov 134 Jan 36 34 18 ♦ July Jan Dec 51 Sent Harbauer Co. 32% ,3.4 8 Jan g 13 Jan c Interlake 134 2154 3 Mar 50 815 13# Aug 1 1% Dec 2,000 5114 142% 105 Jan Leland 160 1 Jan 50 454 234 434 Aug 22 44 May 4834 Mar Blue Diamond Corp.—-.2 ,1 Bolsa CMoa OH common. 1 MoKee (A B) B Sept Metro Paving Brick—--.* 954 Apr Dec 12 54 2054 Aug 234 Aug 434 2254 Jan Jan Storkllne Furniture com. Dec 9 % Jan Nestle LeMur A Dec 7854 Jan c 750 250 14)4 6 Dec 1,850 150 134 20 2834 400 29)4 Mar 625 2 34 3434 1,200 354 Dec Dec Studebaker Corp cora.___l Sundstrand Mach T'l com 6 Swift & Co capital. Swift International 25 cap.. 15 For footnotes see page 3034 cii 34 4134 10 1 5 7 ,3% c3 34 ~23% 22 34 13% 1334 1834 50 3034 454 634 1627. Sept 4234 10.3% July Jau Feb 5 Aug 254 24)4 20 20 May 2934 Jan 123 6 Dee 1134 1534 Jan 21 Jan July 10 100 -■.'.'■954 1,102 / 334 Dec 13 Sept 1,100 ,• 354 1734 1 National Acme 154 0I634 - .. 2 National Refining new...* 5034 Feb Mar 654 Dec ...* . ^ 38 54 1 y 754 --* _* N Y Central RR com...* 38 "754 Ys - Apr Aug Feb 12 37 Aug 634 Jan 554 Aug 4 ' 1854 23.54 1 954 2,530 533 154 Apr 9 Dec Dec 25% 234 Sept 1434 Jan 1 Mar 34% Jan July 13;> * « Ohio OH com 13 08 o3 % o!54 ...» Otis Steel. * S 13 54 o854 a5% 4% 10 Patterson-Sargent .......* Reliance Electric— c Republic Steel com. Richman Bros.. 5 * * Standard Oil of Ohio....25 Oct 4654 Dec 934 Dec 1334 54 5 Jan cU 8 Steel com..... 1034 1754 2754 1754 ■2754 o3754 250 763 550 354 Apr Dec 1634 Dec 1954 May 1,756 1634 Dec Thompson Prod Inc. * 39 Sept Upson-Walton. h—.ul Warren Refining.. 2 Weinberger Drug Stores..* Aug White 2454 Sept' Youngstown Sheet A Tube* July Sept Motor...... .50 14 :, Cessna Aircraft Co 4. - 25 Ys % Dec Jan - 654 ■ 187 1054 1734 354' ; 10* *V135 29)4 1,317 * 527 ( ' " -140 109 :100 14 434-' 454 -.v 134 834 854 13)4' "13)4 o3354i 032)4 o3334 225 1534 / Jan Dec 2334 Apr Feb 10, "July Dec V 10 54 ; Jau Apr vl3,Aug ■1034 1434 2834 3434 2454 Dec 2254 47 j — V "434 Dec Dee V. 45 278 s-.« ."95 i- :54 Jan • ,!< fllo Apr Dei, 97 34c Apr 934 Oct lc Sept 2c Aug Apr 1154 134'; Nov 517 » 43% 5% a *•* 19 5 a ; 5 Dec 20 634 5 5. 380 34 38034 28 54 33 34 a4 34 .... fl4 34 14 11)4 Hancock Oil Co A com...* 11% 25 26 W*. H. - 48c fl3u 50 ale, a8c : , Lac Caemlcals Inc.—40c ale Lane-Wellfc Co—1 654 754 ,505 Lincoln Petroleum Co.. 10c 32 e 32c 35c 1,037 2354 26j 634 411 1.45 Lockheed Aircraft Corp—, I 654 Corp..l Ocea ilc OH Co.——1 "•■•40e Pacific Clay Products....* Pac Gas & 354 634 - W-_ Electric com-2o - 1754 47c 3c 3c 33c Pa« Lighting Corp com.. -* Pajlfiq Pub Serv 1st pref-* Republic Petrol Co com.-1 \ (W; >' 334 334 634 a9 % • ■ r 1,75 38 — ..1 a27 34 o3954 10 4-, 10 % 1.75 Jan 754 4165i Jan Jan De Dec 4754 Dec Feb 1.80 sept Jan 7 54 5% 11% July 834 Sept 20% Sept 3354 Feb Dec 25 Dec 47o Dec 34 Nov • 8c 654 20c 20 57 54c Feb llu Jan 12'. Aug Apr Dpc 1054 Jau 40c Aug Mar Apr 31 Sept Dec 8 May 534 134 Dec 254 Mar 250 35c Jan 60c 100 3: Dec 11c 1,500 30c Jau 70c Sept Sept Aug Deo 554 11,54 1054 Mar 28 34 Jan : r 3)0 r ! 354 2,741 1854 29)4. ,1754 954 Dec May 4,015 I 7 aV% 38 «2734 ,600 40c 2954 ,6% 1st preferred——.25 PaolHc Indemnity Co.—10 V* V."C, 47c. Petrol Dec 434 200 a3n Sept 634 28 54 •, 370 48c Hody Development Co—.1 7434 38034 265 25 Goodyear Tire <fe Rub Co. * 718 Sept Feb 6,4 75 7 13 23 54 5 3,211 634 • 854 Feb 6834 245 Dec 17 1,094 Dec Apr 4% 15 7 'wU- Jan Aug 1454 Sept 134 May 0834 Mar 534 - 400 634 '20 42 W 571 «6834 a6834 M Jan May 85c 1,015 C: 19 1834 954 3)4 100 85c 42)4 534 4254 5)4 i 8 445 85c Chrysler Corp 5 Consolidated Oil Corp Co.isolidated Steel Corp.* 80 , 12 1054 1.35 Jau ; cuiy 5 1.40 / 1034 Jan, ;;-1034. Dec ;',i7 %:«Jan -29/,.*. Dec >42 34.:~ Jan -854 Sept Sept 3% wwwW-w 634 • 254 110 Mt Diablo OilM&D—1 Jan Sept 1 Jan 700 u9% fllO 16 1034 1034 1054 1 Pac Finance Corp com.. 10 Preferred C. -—.... 10 July 3454 Jau 134 2,000 Occidental 7054 Feb 34 166 lc Jan -1834. '.Jan 27% 300 . 00:: Jan . 1334. Dec ; 354 9 534 634 FeJf ^48% July Ntiv 3 34 lyi Jao Jan Dec lc Los Angeles Invest Co.-10 Meuasco Mlg Go——1 16 34-.'Jan t Deo Deq .,3534. Sept Sept 234 6)4 10 60c - 23)4 634 , " 333 .,1 U - - 6 34 "285 —'«! '• Ciampau'sl eCream Co.* Preferred....... High 254 534 i Broadway Depart Store..* Buckeye Union Oil Co pf lc Byron Jackson Co. ———* a3% a49% 05134 05154 454 54 1.85 30 550 o33 ! . "IS 1.80 Gladding McBean & Co..* 7 ; • 100 . 5ie Low 1.20 May 300 6 34 28 1.80 Gen Paint Corp com..*.—* Oct . Range Since Jan. 1, 1941 2f285 2.60 28 - Gen Motors Corp com.. 10 Mar ; Jan Week Shares 1.75 1.65 634 lm for of Prices High Jan " 10 02634 o2654 * 25 734 654 Week's Range 2354 Mar 13 . Sales 7JOW 334 June 4934 Aug 134 Mor ."'2 Oct 1354 154 26 35 ' a38 Union Metal Mfg.......* 454 534 154 8% Dec 1,350 Nov Dec 2,860 Jan Farm & Merch Nat Bk.lOO July .900 40 May Oct Dec " 200 .. 534 1234 « + Hupp Motor Car Corp—1 Ohio Brass B Feb Dec 134 34 June 3 Sept 13c Dee Emsco Derr & Equip Co. .5 385 134 3% 6 Jan ■ - Jan 334 July 266 154 734 Feb Nov 165 38 183 Apr 500 24 775 F'J 334 654 Feb 1,312 - • Mar 334 Dec 75 a 16)4 2 2 38 . 534 Sept 30% Prior pref 6% National Tile.. Jan 1634 334 654 17 "■ 1*4 Dec Mar 2c 29 240 154 : Jan Dec Nov 1 85 32 17 - 5 c 2 Douglas Aircraft Co..—.* Electrical Products Corp.4 " ; 1,106 134 Jan 100 113 3054 ....— -10 360 10 Jan " 34 10 1234 Deo a7 1754 - 4 54 30 32% 3^4 934 Stewai t Warner Corp com 5 Dec Deo 860 • 1454 313 <4 934 40 10.) - 70 •10 4 10 * 30 1,800 42 155 134 Nov 11 2)4 34 109 234 2.60 44% 10 400 3,575 75c 775 Bandini Petroleum Co-..l 554% preferred——50 Berkey & Gay F urn Co— 1 40 134 40c II / Oct 1,300 1.70 Jan July 3% 10 Medusa Portland Cement * 300 34 Standard Oil of N J cap.25 (A) com * Sterling Brewers Inc com 1 i)02 -■ Sept Oct Jan 3% 234 Mar Dec 2c Price 2054 354 ——* Electric 1,250 154 1134 Stein & Co 213 Jan h 234 54 Dec Dec Dec Jan ln 30% - 10 Kelly Island Lime & Tr..* Lam3on & Sessions-----* 134 1134 Standard Oil of Ind cap.26 • 21)4 0654 1734 ■' 1754 Taeger Machine.-—- Aug 200 434 Dev 1 50c 254 Last Par Stocks— 4J 3)4 < 1134 1,035 Dec 2,:,i. Friday Jan 954 " 2854 20 ; 18 34 Dec 40 Iron com.. Dec 10 234 560 300 Dec. 13 to Dec. 19, bath inclusive, compiled from official sales lists 19 9)4 * Industrial Rayon com..* Aug Standard Gas & EI com..* Preh ired Dec Jan Aug Feb Nov 55 Standard Dredge— Common..^ 65 34 * 934 20 5 J 34 334 i. 10)34 10054 1,315 11% 55% 14254 14254 cl% 2% 134 134. 234 2)4 1054 10>4 C1654 1/34 354 3% 11% 17 634 654 c4 Apr Jan Dec 32 3634 60 r Central Invest Corp—.100 Dec 454 -.4 Dec 1434 50 ID 734 all34 all54 01354 al4)4 oll54 ol334 Hanna (M A) SScum pf 27 567 600 2c Barker Bros Corp com.. , ■ Aug Jan ,9354 2934 Angeles Stock Exchange 1154 • 2534 334 28)4 Los 45 27)4 •" Mar 10 >4 10 3% 4454 ——100 Preferred.— 134 June Dec 18 5 J J4 Serrlck Corp cl B com Feb July 1)4 300 ;• Jan 9 234 12-i 366 v:. . 60c 254. 154 * 15 734 Greif Bros Cooperage A.. 154 ...100 13 Aug Auf 254 .2 com Young Spring & Wire 90 - Jan 254 Jau Oct 6 6-1054 53% Preferred.. Dec 434 Feb 2C : 34 320 c21 3334 1754 56 59 , " Jan 417 U% Rollins Hos Mills GUdden Co common—.' 734 21% com—.* Quaker Oats Co common.* Dec 2% Wolverine Brewing com..I 25?4 2554 7% 01154 ol354 01154 Sept 8154 c 4 Pullman 35 81 % Oct •< 1054 834 6 >4 Dec 254 11 sale 4 Pure Oil Co (Tne) 1054 Dec 25 Jan Dec 2 1534 875 2 54 34c i. Wayne Screw Prod com..4 Wolverine Tube 53 Mar 0% 1 Pressed Steel Car com 834 July Feb Sept Dec 1154 Oct 30 ..* Poor & Co clwss B Dec 454 66 431 9 17 34 Dec Dec • 756 7. Dec Sept 2034 .100 '.,a ; ':4 ■Yl w i 31c 11 Walker & Co B———s.* Warner Aircraft com 1 15 Dec 330 18 . 3,457 "1%: Universal Products com—' ?"28 53 Halle Bros common——.5 50 100 Jan Mar 3; 365 ; 12)4 :1;'l 17 40 July July • 2 1 Feb 300 734 Class B common......5 Jan 634 yII"-, June , 254 254 254 Investment com..* 28 Jan Peabody Coal— Penn RR capital 1534 Dec . - 22 34 Dec Dec Jan 1,950 : 92c 60c Universal Cooler cl A——* •Class B-i. i, " 454 634 55)4 234 1334 10% 24 254 5534 234 C1334 934 10 !-4 8 505 2734 854 Aug Omnibus Corp com...—6 Dec 454 6. . 349 • 7054 25% 11)4 834 12 Jan 734 Northwest Bancorpcom..* " 200 al754 a354 854 o354 854 v. Aug Jau 100 10% 10% 20 Sept 2,450 Northwest Airlines com..* 9% 430 71 Dec 834 2134 6 34 100 • 434 654 26 Jan 2134 434 : 834 6 017 , May c7yL 2% 1054 1034 10 454 6i Jan Dec Feb , 2434 ' Union June Dec Dec Dec . 7% Northern Mates. ow cl A25 IA High 'vy LOW':,I Jan Jan 3054 92c 92c Udylite...—1 3 834 1 Akron Brass Mfg—— Oct * N Y Central RR cap Week Shares High 3054 1 1 U 8 Radiator com—.*^1 Sept Aug ,6 Tlvoll Brewing com Tom Moore Dlst com Range Since Jan. 1,1941 for of Prices Low Price July Jan Apr 750 9 '"'4\A 4 National Standard com. 10 Feb Jan Apr Apr 1,550 334. 834 Natl Pressure Cooker com 2 20 Sales Week's Range Last Aug 34 354 24% % 25% 7 34 3 2254 54 100 100 6 34 ; 600 2354 33 ——* Nabco lAquid't'g Co com* Nat Cylinder Gas 750 534 Dec Dec Apr 1,700 3 %'i 22 34 Montg Ward & Co com..* Nash-Kelvinator 450 ; Oct 2J4 3 50 34 h t c— Preferred...... 9 200 100 Minneapolis Brew com..l Modine Mfg com —* Monroe Cnemlcal Co com * e 2,450 9 5 Miller & Hart Inc $ I prpfiO Common 16,800 334 9 "5 Midland Utii 6% 354 3 834 "34 Midland Un Co conv pf A * v Jan 11 134 Juue 134 75c Apr ':":• 134 2 Apr 2% 154 Apr 254 95 . Jan Jan . 11 > 95 Jan 665 154 154 11 100, Dec Jaa Jan 134 234 154 . Dec 55c • 450 234 1534 . 5 , 254 254 1554 2 34 ".*"2 34 134 2454 503 1 10 1134 434 1,100 .2,680 1,613 534 .. . 100 1%\ (Fred'k) eom—._* Preferred-—: Sept 285 7"l54" 2734 3% pref——* 254 27)4 1% Jai. 60c Jan '2. •:" June May 134 ' Merch & M trs Sec A com. 1 Jan Nov Oct 7 1 Standard Tube B com——1 19 1 1154 """254 1034 134 1,670 154 ShcllerMfgcom.————1 Simplicity Pattern com—1 Jan 16c 100 100 ; 1 .. common. 3,600 154 Jan July Jan Mar Mar 55c Sept Dec Jan 234 154 250 July 55c 3234 554 60c Dec 754 5 2854 254 Deo Ap. 1. 8 Peninsular Mtl Prod com.l Jan Jan 40c .154 1.25 25 - Apr Jan 1% Reo Motor common...—5 154 w Dei 5 Prudential Invest com.—1 Mai 1 5 U54 _ 1554 -July 1054 Sept 454 Jan Oct 434 454 com Jan 46C 400 Parker-Wolverine com...* J, Jan 4% 500 7."; , Packard Motor Car com.. Jan 14*4 634 • 1 Motor Products com.....* Motor Wheel com*—.5 Sept Dec 30c June 254 534 Mid-West Abras com..50c Jan Feb Nov 654 , 4854 5134 Dec Dec Dec 34 ,.. .1,185 J. Dec .834 6,653 . - '19 . 92c 80c 5-, 654 Mlcromatic Hone com—.1 Parke Davis ; 92c Mar 300 19c —.10 Sept 600 154 1.00 Preferred. Jan 2 54 . I 1% July C, V-.'"' i ' ' 1" 18c 154 4354 954 Dec ; ' Jan »Jan Jan 234 4834 7 100 154 654 34 <■'. Feb 554 ," >> 54 June ; , ; Michigan flllca com.».„l Michigan Sugar com—.—1 6154 Sept .-,154 —Jan 22 29% 33 4154 ' 4254. •w Timken Roller Bearing 4 34 155 j 654 Dec 2754 .210 ... 1. Nov Nov 85 •; 11 854; 854 34 1% — 54 4934 154 , .932 Jan 4 July 30c 250 Jan Jan Dec 300 Feb Jan Jan 4 Dec 2,609 1 14 Dac 100 *,10- 3 Mar 2% 2 10!) Sept 2234 29 Y Jan 5% 29 Apr 254 134 905 30c 45c l . May 154 1,099 63c Apr Sept 2)4, May 4,001 Mar 3 Dec 17 300 2 34 Dec 200 '■■■ 2 ,1054 32c Scottea-DHIon 1,200 120 162 200 214 Sept 23 Dec 9 Jan •, 91C , Apr , 22% 209 ; 154 3254 63a. 1 110 . 3 29 .•/ 2 jm 2954 Sept 3 500 2254 V 9 ■ Jan Sept 3 Dec Jan i: 334 154 M54 119 Hurd Lock & Mfg com... 1 Klnsel Drug common 154 j Mar 50c 68 ,• Dec 1854 Nov 1334 Nov 52c 4,759 200 354 Hosklns Mfg common,. .234 Hudson Motor Car c >m_.» Jan 13,755 4 54 154 Jan ,1 67c .8c 9 , 1954 2, ; . 2254 Apr 9 400 200 3 8c 17 34 7 7 ... .... _ Columbia Gas—— Jan 23 •134 —. General Flnanoe com— 9534 70 , . 354 •■I'1 ;'-'f ' July Jan Dec May 554 ! Unlisted— 1354 1654 334 954 Mar 1854 Goebel Brewing com..... 1 Grand Valley Brew com—1 30 135 Nov Amer Rolling Mill..—- .25 1334 450 35 .10 Wurlitzer.. 54 354 i ."50 — 34 - * . Preferred-— Jan MO — . July 75 30 1- 60c 63o General Motors com..—10 91 M 5034.-5234 -134 134 454 i 4'4 • 2754 29 • w— 834 210 45 40 13 *54 * U SPrlnting Dec 13 Dec e July 1,775 19 Dee 10)4 29 934 Dec 2434 June 8 572 -6154 * _ Dec 534 1554 " 2)4 Masonite Corp 13 Dec Dec 934 154 454 Jan Sept Dec 6 Jan Jan 134 Dec Mogul common..5 Oat Nov -.47 39. ..—32 w i. 4.421 20c 634 - Nov . 1 ... V July 834 Jan Nov 5c ..154 1% :• Gar Wood Ind com......3 534 Dec 75c 10c 2 Feb 314 600 4334 Frankenmuth Brew com.l < ,925 1,983 100 Fruehauf Trailer com....1 10734 6c .1 Oct 934 "1,069 Federal Motor Truck com * Feb High ; Jan 14c 100 Aug • 4554 com. Aug 1934 . Federal 534 ; 154 654 11c Ex-Ce 1-0 Corp com.....3 Sept Low 630 ,4 6 com.^..10 -5- Jau 654 46 ♦ . 2J5 1 9534 j 5 ..... „ Det<fe Clev Nav •3-i" V July 454 - com.. : 43 34 Durham Mfg com——.1 2254 / Range Since Jan. 1. 1941 Shares 7 3' /5c 354 154 * Crowley Milner May 7634t..Dec ...99 ,, 5c Consumers Steel com.,..l Continental Motors com.l 3 : 7 . Detroit Paper Prod com—1 '-.Dec ,106 234 .... .73 . 9534 —— " .1* 'Wji-W— - US Playing Card— Mar 834 June 11 Liquid Carbonic com.-.-* Loudon Packing com.---* 1554 ,B.'W— Rapid. Jan 5 334 38 34 50 2,150 2,035 • 934; 9% 2654 2854 1 National Pumps..*.— _.* 350 33 34 5% 4% 21 ... 350 " preferred 47 * —Li - 86 Jan -Dec - - Week High u Michigan Dlo Casting.... 1 Doc July r, Kentucky Utll— Libbv McN & Ubby 1 2654 —4-- 1134 700 175 * 30-,.31 Kahn.w.—— ..* Feb 100 Dec 320 • Dec 95 7 354 / Jan v .154 754 ? ', 1534 — for of Prices Low Burroughs Add Mach--Burry Biscuit com...1234c Chrysler Corp com.——.6 May "':854 ..254 163 1954 v -31- 7% 8% T% 47. *■. a—w. 11% 37 1 1 Katz Drug Co common.. 90 . 20 6% 034 Brown McLaren com Detroit-M lch Stove 40 654 634 -754 i - Gibson Art-——— J : Week's Range ■v Price Baldwin Rubber com....1 Detroit Edison com <3 "< Sales Sale 34'rDea .5 4 54 7854 6 .2.54 . 135 • Exchange / Last - Dee Sept Apr 7 /• . 734 v- 187 87 ; • 50 20 i; - -354 7634 77 W * .. 11% 1 Joy Mfg go com 1% — — F'ound Invest Aug Hobart Iron Fireman Mfg v t C--* . 1 ; 19, bath inclusive, compiled from official sales lists Pa' 2354 Sept Aug >.j'.-,.l 54' Jan 54 2 86 4 - 34 — High a ■■434 Dec .1654 -Feb 10 • to ., Apr Interstate Power— Jarvis (VV B) Co cap---. Detroit Stock ; Aug '\':i^ J.■ Low 422 ;u 96 2 f.1, ; Cincinnati Telephone.- .50 2% 69% 7% Iuternat Harvester com..* Telephone:-Randolph 5530 Frida ■j- -.10 • 1534 '1654" . 2 .50 Jan 2% -C5?4 c3% x!5% • i 100 Jan Dec - —5 Cln Gas & Elec pref Cincinnati Street.. 1834 95 -W — - - ..... Aug Dec 14 Inland Steel Co cap. - . 2154 21 1,600 Dec W 100 Preferred 1054 2934 50 11% Interlake Iron Corp com.. f Auto City Brew com—„ .1 '. ... 130 J4-.. 34 54 ;i 34 754 • 754 254 ( 254 - 1654 Jan 17 54 * —':-- Jan 14 254 ' Jan Apr Range Since Jan. 1, 1911 Shares 454 "V Champ Paper & Fiber.. High 454 ) 54 •: Burger Brewing———. Jan x25 214 * ■ B ild win....—....—;. -.8 ,m7-i .*•.' 354 June Dec 4% ' ■ Atlas Drop Forge com.; • for Week 17% H Jau Indianapolis P & L com..* com..! 25 Dec 534 1554 15% ' of Prices ■ Low Jan Indep Pneu Tool v t c new * Indiana Steel Prod ; Exchange Week's Range Price pref.—. -7 Part preferred.—-... I 1454 •; Dec 1 Dec 8 .:.', Sales Last , ~~~~4% 1354 54 Nov 150 K Par 35 Dec 24 - r 1 Amer Laundry Mach.. .20 Nov 40 \ ■ — Am Prod prior Sept 954 Dec | Stocks Aluminum Industries.. •/_* Sept 9 \ Sale .. Jan ■■v ' 1 Jan Mar Dec 900 Dec V 2)4 1054 170 1 9 834 Friday Jan Oct DETROIT , Mar Dee. 13 to Dec. 19, both inclusive, compiled from official sales (lets Jan 454 454 Chicago Stock Exchange ; Feb Jan 334 * '*»' Dsp V 634, Aug 5 Jan Dec 7954 Jan Dec 1,966 Cincinnati Stock Jan 48 34 7 '• 93 1 434 950 57 2?4 f 854 Exchange Ford Building Jan 2,800 a;5554 5 New York Curb Associate Mar Oct Sept Dec 50 8)4 2 34 42 Out 234 234 May 110 13 25 July 24 90 134 i Sept 134 3354 2854 10% 0% Jt Stocks— Jan 112 0% 13 754 Jan Jau Dec 1,400 "•••'• 7 8% 5 12 350 10 Detroit Stock Sept Jan -71 434 .-,434 254 v 3 454 :» Yellow Tr Jc Coach cl B..1 5534 , York Stock Exchange 734 June Dec 25 2,000 10,800 , New Dec. 13 to Dec. Yates-Amer Mach cap 934 May 200 334 3% 7 cap.-.l Hibb Spenc B irtlett com Horders Inc common May 33)4 9 Jan 130 :. Members Jan 154 54 * - Jan 45% Dec 3)4 39 0% 1154 10)4 Co com... 10 Harnlsohfeger Corp com. 10 454 200 20% 2 3 Hall Printing 1,700 ' 3% Goodyear Tire A Rub com * Gossard Co (H W) com..* Great Lakes D A D com..* 17 6954 2854 7054 934 May . 513 - - 1534 1134 1754 i. Wleboldt Stores Inc— Cum U prior preferred—* Williams Oil-O-Mat com.* Jan 3 3434 May 50 2854 7 Wailing, Lerchen & Co. .Jan Feb ' 7 Nov 6)4 i'. De May 12 1% .... Goldblatt Bros Inc com_t_» Lion Oil Ref Co 12 ■' ( 1134 .2434 •7534 Westnghs EI & Mfg com.50 7 10 '42)4 c2 5 54 Gillette Safety Razor com Line Material Co Dec x40% 200 18 100 734 5 4 11)4 "20% 10 * * Sugars cl B._.* Gen Motors C >rp com.. Le Rol Co com. Aug 754 Feb 1854 11% V • 9 34 33 General Outdoor Adv com Jr cumul 3154 334 450 1754 51 34 ;11354 11534 i l ■ i 134 "134" Wayne Pump Co capital.. 1 110 35 1% oe 1754 5134 Walgreen Co common—..* 8% 8% 40 "23 % Joslyn Mfg 10 com preferred...100 cum Utah Radio Prod oom_—_1 Dec 110 High 1,200 7054 1134 4334 10 U S Steel common...... Sept Jan 1934 454 3% General Foods common..* nreterred. 3854 C1534 49 34 Kenith Radio Corn com..* General Finance Corp com I Srt 6354 34 May 470 5335 ' U S Gypsum Co com....20 Jan 1,235 22% 2% 534 754 Union Cirb & Carb cap..* Unltel Atr Lines Tr cap..5 Jan May 1,250 i Low 695 ,4454 r 554 8 ' General Electric Co com.. * Illinois Cent RR 8034 450 3% 27)4 2% 4% com—5 Candy clA—;...5 Houdaille-Hersuey 854 220 1% 35 27% Gen Amer Tra isp Ho mcl & Co 10 34 325 17 common..1 Heileman Brewing 433 634 134 3)4 27% 2% ""334" Common....---- Godchaux 16 34 43 Range Since Jan. 1, 1941 for Week Shares High Jau 390 16 15 Evershurp Inc com...— 1 Fairbanks Morse com..." Fitz Simons & Con D & D Fuller Mfg Co 11)4 ' Elgin Nat Watch Co General 7 89 * Dixie-Vortex Co com 834 0% 1% 21% 2% 8% 8% 934 \11% ,10% 89 165 280 Tjow Price Texas Corp canltal—...25 ~ 12% 17% 13 Vj 12 8934 16J4 2% 10% Crane Co of Prices Feb 234 ' Common.. Continental Steel com . Par Week's Range 634 May Dec Dec Consumers Co— Vot tr ctfs part Sales Last Sale 409 5% 1, 1941 :• 6^4 Dec -5, 9)4 June ■ 1,666 ; 400 350 252 *3100 >'1,000 Dec 1734" Dec 2914 Apr 3734 29(4 Dec 1034 Dpc 134 Apr Aug Jan 34>4 Apr 4354 Aug 40 Jan 1754 - 3 Jan Sept K«l*Un'ki;ilniV„i'i,W'^ta-,iuij«<Jirt:',^ 0WfiK3»B'WV&^^ "(T. :.. '< 1625 THE COMMERCIAL & FINANCIAL CHRONICLE 'Number 4023 ■Volume 154 OTHER STOCK EXCHANGES r aits Friday Stocks (Concluded) Par Week's Range "for Sale of Prices Low High Week Price Richfield Oil Corp com...* Warrants....——„*■—.* Feb 7% 9% 9% 914 12% 1.10 30c 35c 200 30c Nov 9 9 150 9 Dec 11 3% 30c Aug July 4 1,940 2% May 6 13, b^th inclusive, compiled from official sales lists Dec. 13 to Dec. Ryan Aeronautical Co...l 3% Bee Co Units of Ben Int 25 25 Shell Union Oil Corp.... 15 al6% 6% preferred B......25 . 5%% preferred C 26 5,480 10 27% 26% 27%; 26% 4% 18% 43% 28 Blaw-Knox Co Dec Dec 30% Jan 31 Dec 29% 33% com..* 6% 30% Dec 34% Jan Columbia Gas A Electric.* 1% 10% 907 Jan 14% Copperweld Steel.....5 21% 3,922 Feb 25 Aug Nov 2".' 500 1% Jan 2% 200 25;. 2 31% 32 a9% a9% Transcon& Western Air..6 a8% 31 % , 8% 18 4 :_*> 4 Aug Nov Feb 38% OCt 8% May 11% Dec Dec 5% 13% Jan Oct 4 5,386 13 ..." a8% Clark (D L) Candy 13 % 13% 13% Universal Consul Oil.... 10 0% 6% Van de Kamp's H D Bakers* Vega Airplane Co.—.>1.50 Vultee Aircraft inc 1,882 14% 8% Oct 329 7 10,506 4% 8 8 1 8% 8% 1,175 1,600 4% 1% - 10 2% "2% 9 Jan 9 Jan Apr Apr Apr 11% Sept 11% Sept Jan 2% 1 ■ ■ ■11 ■■ 1 Alarnta Juneau G M Co. 10 Zenda Gold iv.in Co m Jan 5 1% Dec 300 2c Nov 5c Jan 1 % lc 1% 1 360 a2c 100 1% Dec 1% Dec 9,000 lc Dec 3c lc 13 13 Am & otil -an Smelting Ref Co. * Co....100 125 AnacondaCopver Min Co50 20 3.)% Amer Tel & Tel Armour ac Atchison v.o Ui'J- Top A oau v a3% ai 4% "3% 4% 1,250 50 ; • 3% 394 Dec 1 Fort Pitt Brewing 14% Harb Walker Refrac com.* 48 * pref Jan 26% 310 10% Caterpillar Tractor Co...* out..em.* o* a3 Coutlnentaliv.otor9v.orp 1 Jo (Del).5 Curtiss*Wright Corp. 1 a25% 8 ClasH A..1 147 38% a2% 14 1% 7% 7% /' %' :< a3% «3 az5% a2d% 8 8% a24 % a24 % General Electric Co..... 26 Geuerut hoods Corp.... ' * fll.1% a23% Tel Corp......* 1% Kennecott Copper Corp. 4% 18% Jan 10 Sept 83% 20% 46% : 167 9% 27 4% 500 Jun 11% 11 • : : % Dec Feb 7% 4 Sert Jan Aug 26 Feb Apr 10% 26% Dec 28 June 1/2 35% Mar 35c 30c "35c 39% 34% Jan •' aUH Radio Corp of America..* Pittsburgh Brew pref....* 28% 8% 28% 13% 18% y a 8% 14% 60% 4% 253 1 4 4% fl42% *. Dec Langendorf Utd Bak B.. Jan Jan Preferred.... Le3li3 Salt Co Feb Libby McNeill A Llbby..7 Lockneed Aircraft Corp..1 Jan Lyons-Magnus C1 A * 0% Jan Magnavox Co Ltd—1 Magnln & Co I oora..—_* \ 81c i.;i4K: 12 , 1 United Corp (Tue) (Dei) U » Rubber Co........10 a . 27% • T5c .....l Budd (E G) MfgGo...*.* 31% Dec 39 30% Feb 37% 27 Dec 39 i % 6% Fei> 7% 11% July Jan 15 Jan 17% Jan Feb 15% Dec 20% Dec 25 8% Jan 11% May Dec Dec 2% 15% Dec 4% 22% Jan Jan 52 Dec 515 8 Dec 14 Juty 00 466 Apr July 3% 1% 20% 10c Preferred... 63 91 21% 47% Feb 28% 68% Sept 408 Dec Jan a5% 75 78% 270 «1% -*0 2% Feb 74% Nov 77% 2% 17 1,687 1,707 27 Dec 11% July Jan F'eb 3J0 6% May 12% Sept 2/5 Dec 7% 6% 333 2% 5% Dec 8 July July 48% % 18 28% 33% 5)7 42% Dec 71% Jan 1% Jan % 10% 16% 27% 28% % 354 16% Dec 34% Feb 908 21A Dec 31% Sept 6,278 28% Dec 48% Jau 113% July 115 115 20 24 Oct Dec 1,687 "7% 29% Jan 16% Dec 28 6 32% Dec 30 50 17% 200 7% 200 9 9 — ' Pi.llco Corp—8 31% 91 5 6 50 4% Mldw Piping A Sply 7% 31% 120 13% Nat Bearing 8 31% 20 50 12 210 4% 5 '■-:■ 25 ••''..v- 15 > 149 14 Sept Mar 13% 13% ;■ ScJllin Steel Warrants ... Sterling Alum common .. . 1 Stix Baer A F'uller com 10 . Vardaman Shoe com... ..... — "20% ■ Accessories 50c Gold Min 10 Alaska Juneau Assoc Ins Dec 580 Calaveras Cein 4' » 96 5% California Ink Co 8 50 Cons Aircraft Corp com.. 1 131 50% Apr 66% Dec hit 4.940 »i« Mar 3,092 \ 436 Dec % ht June % Mar Emporium Capwsll com.. '16 1% 600 4c 1,066 % % 839 13% ,14% 1 13% 53,451 4%-: 4% 4% i"i, 304 Preferred.-.2.. .•;**** 102% rT02% 105% Westmoreland Inc.;.; ^10 ;io 10?. 10% m 205 % Nov 1% 13% Dec 4% Dec 109% Dec 30% 10% 117% . .. 17% .10 4>age 17% "*r- 60 3D 31 62 10 38 Nov 18% July 2.70 Sept 12% 11% 12% 2,075 Dec July 9% 9% 9% 387 14% 12% 18% 16 Nov 30% Shell Union Oil com...*15 Soundvlew Pulp Co pref 100 —— Union Oil Co of Calif. 16 100 16 15% 320 10% Oct • 500 Nov 1% 1 1 Feb Apr 10 Dec 19 • 13% Jan 21 100 102% Oct Oct 8% Jan 14% 310 30% 5% Dec Dec 39 5% 21% 16% 9% Mar 18 Feb 25% 19% Nov Jan Feb 80c Nov Jan 11% Deo Dec 5% 60c ; 60c 200 40c 11% "ii% 11% 635 9% 4% 17,763 4 4 4 , July 13% 12% Jan 12% 14 12% 450 10 Dec 16 Sept 8 3,012 13% 12% 10 ' Jan 14% 14% Nov Oct 353 9% M ay 6% 6% 300 6 ; 7% 7% 8% 1,200 Dec 2.55 - 3 462 8% 895 ?!: 17 20 150 265 285 /-■"•; 76 8 8 8 9 Apr Dec 265 Dec 11% Jan Sept 5 Jan 11 Sept 28% 300 Mar Jan 10 15% 32 I 5% Jan 9% 225 15% 30 Yel Checker Cab Co ser 1 50 Dec 4% 16% 3 - * 5% May 8% 3 17 Unlisted 14% 21% Dec 22% Jan Jan 38% Dec 60 Bept — * Rad A Stand Snn Anglo Nat Corp A com*. Argonaut M ining Co..... 5 Atch Top A Santa Fe..l00 Oct Blair A Co Inc ca pltai.... 1 Sept Dee 7% Jan 140 Dec 542 22 Feb 29% July 64 3 Dec 6% 4 1.55 1,55 1.70 .23% 24% 95, ■y Jan. Nov 3.00 Aug Jan Jut 31% July 2% Apr 1.55 394 4 168 19% 1,110 24% '/ 5 Jan 36% 150 25 c 32c 4,933 25c Dec 1.35 Jan 9% 9% 755 9 Dec 12% Jaa 2% Bunker Ilill & Sullivan 2% 28 3% 1,418 26% 25% Aviation Corp of Del...—3 980 3% «134% 3% Anaconda Copper Min..50 Bendix Aviation Corp 11 1.60 14% June 415 263 Jan 8% Dec 370 5,559 T. 100 Sts 7 % pref'25 Western Pipe A Steel Co. 10 Jan 2% 711 2% Dec 5% July 23% Jaa 6% May 38% 5 330 30% Dec 38% Aug JaD 2% 5% 8% * 5% 528 5% Dec 8% 250 7 Dec 10% Sept 165 27% Mar 34% Aug 105% 108% 75 108% Dec 107% Nov 26% 1,653 23 % Dec 34% Jan 300 25c Pec 76c 28 Fibre Board Prd pr pref .103 General Electric Co Dec 12 670 12 12 "5% 1 Dominguez Oil Co Holly Oil Co Low High Honokaa Sugar 1.05 May Dec 1% 2.55 4% Sept Feb Dec 10c Feb 10 June 9% 30 25% * 1 20 — Co. 25c 253 25 3% 3% 3% 23% 1% 23% 1 Jo 1% 1% 75, 4 Oct 5% July 315 96 Dec 31% 34% 21 24 4 Idaho Mary Mines Corp.] Intl Nickel Co (Can) * * Int Tel A Tel Co com Jan 3 57 5 Jan Mar Jan Oct Sept 3% 23% 1% Dec Pec 6% 28% Dec 3% "255 31% Feb 39 100 23% Dec 29% Oct 200 4 Jan 800 100 1.25 1.35 300 1.15 9% 5% 150 7% Kenn Copper Corp com..* July Apr Apr Oct Matson Navigation Co...* 1.75 Jan M J A M A M Cons 1 8c 9c 1,334 6c Jan loc July 11% Jan Montgomery Ward & Co.* 25% 25% 1,295 25% Dec 39% Jan all% al2 9% 9% 170 10% Dec 235 9% Dec 17% 17% Jan Jaa 1.50 937 1.15 Mar 2.60 Oct Mar 65%, Oct 113 410 5 Dec 14 54 80 33 Feb V 54 Dec 6 40 5 Jau 8 Sept 270 14% 37 17% 13% 50 50% 34 5c May North Amer Aviation cap. 1 10 North Amer Co corn 17 Nov 37 Dec 40% Sept Dec 24% Sept Packard Motor Co com..* .. . 3c 50 i Dec 55 Oet Pennsylvania RR......50 5 Dee Crown Zell'bach Corp com May 3 33% 37% 888 36% Dec 2.10 2.25 1,825 2.10 Deo lie 50% 4 Pac Portl Cement com. . July Dec 71 Jan Nov 50 Sept 44% 1,018 22% 905 Dec 6% Apr 10% 82% 3% 11% 3 11% 1,543 10 Dec 15% 84% 380 80 Dec 94 Jan Oct 3% 350 Preferred 1% 18% Radio Corp of America... * 2% 2% Giorgio Fruit pref—1C 100 10% 6 Jan 20 Dec 15% 15% Dec 9% Jan 15 14% 15 655 14% Dec 21% Aut 37% 38% 182 37% Dec 44% Jan 5% EI Dorado Oil Worics 6 500 5% 200 6% 3% 6 Jau 10 ' Jan 101% Jan 31% 6 29% 101' 30% 6 28% 103% 178 32 654 0 400 33% 3,736 Feb 96% 24% June 0 Apr 28% Dec 117% Shasta Water Co com 2% 1% 17% Dec Dec 2 % 1,023 969 • Dec 27 27 3% Jaa 25% Apr 4% Jan 21 Oct 4% 16% Nov 7 Jan 1,705 Dec 28 Jan 280 Jan 35 43% 9% 28% Dec 31 600 27 Dec 29% 4% 4 Superior Ptld Cem com B. * Feb 15 341 5% 18% 28% Standard Brands Inc..... * 795 4 Dec 43% 10 350 35 Apr 6% 46% Dec 10 9% 100 Jan Jan Dec Dec Oct United Aircraft Corp cap 5 150 S3i % 200 % 51% 51% 682 49 % 2.5J 500 1% . _.* "51% 2.5 J 2.53 Warner Bros Pictures....5 Westates Pet com.......1 5c 48%^.,*Jan Preferred............ 1 65c WestCoas-TJfp Im-ir . M .5 5 Dec a32% a35% a34% United Corp of Del U S Steel com. Jan 8 18% 5% 16% 28% * 25 6% preferred......—25 5%% preferred——.25 So Calif Ed Ltd com Sept Sept 32% 575 20 Utah-Idaho Sugar com. „o Jan 41 3J 2 23 53 Standard Oil Co of N J..25 Di 45 45 "i% Jan 22 44% 19% 10 Jan 22% 81% 1.15 1.15 Preferred———-*—-103 16% 1,200 310 1,953 - Apr July Jan 2,610 Waialua Agricultural Co 20 Jan 1.55 — 1,837 7% 4% Aug Jan 12 Dec July Nov 14 % Dec 60c 20 100% 100% 10 Western Dcpt Dec 20 Feb 7% 15% 15% 25 Wells Fargo Bk A U Dec ■ 10 16 1 com.—...... 1627. Nov Dec Jan Jan set Apr 6% Apr Jan Mar Dec 2,400 14% Feb For footnotes 18% Jan Feb ' Shares 37 Electrical Products Corp. ,>16 ' % % Westmoreland Coal. Dec 3 Range Since Jan. 1, 1941 1.75 5 Creameries of Am inc .Cm 1 60% ■ 14 650 1.25 Nov 44% Dec - 100 4 14% 9% Santa Cruz Ptld com 32%" Preferred—•— —— 14 450 8 July 5 200 1% 7% y. 90c Dec 1.75 985 5% Sales 4 120 1.20 , .Tan Jan 1.80 20 4 10c 1,310 13% com..* 31% June Jan 12% Sept Jan Sept 9% Vultee Aircraft Feb 8 10 60c 37 100 cap..—* 116 United Corp common.*.."* 35 37% 1.80 Jan Jan 6 Calif Cotton Mills com. 33% United Gas Improv com* / 104 Dec 9% 31% 13% Jau I'V July 14 1.80 Vega Airplane Co Victor Equip Co com ■ 61 5 6 July :• 100 22 .1 100 common— Oct Nov 9% Co pref. 100 3% 39% hi 50 14 Mar Jan Aug Aug Jan Dec it Republic Petrol Co com..l Universal Consol Oil 3 8% 100 5% 20% 20 96 1.25 California Art Tile 24% : ;■ 21 Jun 118 l612 Nov 19% 1 Dec Dec Jan 4 4 R E & R Co Ltd com.....* Union Sugar common...25 United Air Lines Corp...5 Dec 2% 62 lc 7% Oil Go-- Oct •- 13J Jan 18% 126 101 1.20 Dec June K-j 9 NOV Dec 7% Sept 2 100 13c ... .--2 Byron Jackson Co— * Calamba Sugar common. 20 Bis top 1% ■ Dec 14 Aug 3S Dec 5% 1.55 -~v - A——80 Bank of Calif N 20% 'su Dec ' 470 -% 10% 97 488 II,741 2,283 i 20% Pesos. 8 Aug Dec 5 4% for Fund Inc.--—10 ,i. e % *...100 8% 4% Week Mining...—-] Anglo Calif Nat Bank—20 2% '«« 2,776 Dec 8% 13% of Prices Low High Anglo Amer 18% - 11% 101% Transamerica Corp......2 >'25 Week's Range Price Par 27% ;2' 107% 4% Thomas Allec Corp A..*.. Tide Wat Assoc Oil com. 10 16 Sale Dec — Dec Oct May 4% - 785 Ft Ida / Dec Tonopah-Belmont. *2* 10c Tcnopah mining— .1 Transit Invest Corp pref 25 39% Dec Nov both inclusive, compiled from official sales lists 37% 2.25 Dec Jan Feb Dec Dec 14' Consolidated Oil Corp...* Caterpillar Trac Co com.* Cent Eureka Min Co com.* Dec Jan Jan Dec 2 100 103 .100 Cons Edison Co of N Y-* Apr 32% -;59% 10% 97 "20% com Cities Service Co com... 10 Nov Dec Jan 34% 31% 29 26% 27% Feb 17 22% 2% 60c 1 15 3% Dec Sept 28% 96 5% Feb 9% 8 13c 8 . Dec Scott Paper.*.......'.,.;* 10% 98 ...* — 2.10 Dec 57 hi Parafflne Co's July Mar 851 21% Feb 2% 25% 2%, 1st preferred.. 13% 1.30 2,773 98 Super Mold Corp cap...10 13% 25 3c 20%. 22 29% Standard Oil Co of Calif.. * May Sept '■'■:' 1,150 8% 5% ' July Oct 17% 10% June 2% 27% ..* Jan - 14% May 250 8 13c Carson Hill Gold Min cap 1 ' 3% 778 Jan 13% 9% 10 Calif Packing Corp 35 27% ...5 American Tel A Tel Co. 100 Aug 285 30 26% 27% Dec 35 2 * Common Mar -340 ....... 27 11 St Louis Bank Bldg Equip 10% 23% "20% S5 dividend. 10% * com Pac Pub Ser com Am 177 2nd preferred...*...j50 Salt Dome Oil Corp......J Pacific Can Co 30% 6% 22 18 125 14% 7% 5% 5% 17% 110% 29% 8% Jan Jan 102 Dec 867 14 7% 8% Oct July 10% May 12% T4'v' com.* com*.25 Mo Portl Cement Dec 12% 24% 5% 5 200 30% Dec 50 100 28 5 1% 8% 10% 23% 11% 50 *...50 Mat Sept Richfield Oil Corp com... * 6% June 7% y1 4% 2% 220 July 9% 11 Jau "MO 14% 54 2J% Nov 12a Jan * Apr 16 2 * .* Jan 29% Phlla Electric Power pref 25 101 20 Key Co common Knapp Monarch com. July 2 30% Dec Sperry Corp com v t c 1 Spring Valley Co Ltd....* May 2% 12% 5% v. Jan 4J v 12% 15% May 27 * Internat Shoe com Preferred—— 2% 26%' 29 29 Occidental Insurance Co 10 Southern Pacific Co. Dec 10 3 2 31% ; Sept Jan Dec " Jan 2,728 9% 4% ,27 Dec 7% 7% 31% — . 2% 2% •. 363 6,158 2% 2% 18% 19% :.5,/29 158 111% 111% 18% Nov 33% 180 5 Dec 22 70 ■ 4 I. 2% Dec Pig'n Whistle pref.*.—..* Paget Sound PAT com.. * 13% 37% 8 Feb ■ 3% 2% Pennroad Corp v t c..._>] Feb 3% Dec 7 3% 17% 101 2% 22 3% 6% High 2% """"% 2,527 29% High 7% 5 Dec. 13 to Dec. 19, Q 12% 6% 6% 1st preferred 25 5%% 1st preferred...25 Pacific Light Corp com..* San Francisco Stock Exchange Dec 8% 125 Oct 6% Curtlss-Wright Corp 178% 10% 42% Pennsylvania RR-.*—50 PI.ila Elec of Pa 35 pref..* Dec 116 s Stocks— Low 21% 100 Aug 6 0 Nat'l Power A Light.....* 30c - Low Shares Last shares 23% May 11 Rlieem Manufacturing Co 1 32% i , Range Since Jan. 1, 1901 for 17% June 16 57 1,421 9,535 2,985 Nov 1% May 160 1.50 Dec 6 18% 16% 18 13 preferred...-. 100 North Amer Oil Cons—.10 18% Nov Jan 1.80 Jap 3 3% 17% 3% 17% * 1% Dec 5%% Ra.vonler Inc 459 30 5 Oct 70! 10% Range Since Jan. 1,1941 7% 31% 7 ;..5 10 Hydraulic Pr Brick Fr'dlOO Scullln Steel common n 153 1.40 Exchange com.* Scruggs V B Inc com 2% Horn & Hardart (NY)...* Nov 1% 16% 1 Falstaff Brew com Dec 920 Dec Dec 80c 17% 29% Week -100 —..... July % 2% 8% 70c 1.40 ' 45% Nov Jan I,035 70s 16% > Rights..... 25 78% 14% 6% 3% 8% 1«% Sept 450 Jan 38% 465 : 8% Pacific Coast Aggregates. 5 86% 5% F'eo Dec 2% 8% 1 Pac G A E Co com.....25 Oct 9% 64% Dec Jan Feb 71% 5 37 10 Mar 2.35 Feb 331 9% 490 (1 Lenlgh Coal A Navigation* Lehigh Valley... ....50 Mar 3c 77% 5% 446 33% 18% Nov 4 Nov 9% Nov 350 Dec 1.35 3% July ..'.*.♦ Elder Mfg com \/t 225 13% 3,125 T.35 40 Jan 10 Oct 352 1.40 240 1% Oct 10c 32% Metals com.* Nat Candy common**.*,.* 34% 105% 13% 1.35 3,100 10c of Prices ow H Igh Rice-Stix Dry Gds com... * Dec Feb 13% 5c 23% 9% Jan 23% 100 Mar Mar 9 Dec for Dr Peppercorn.. -Dec Dec Pept 9 6% Dec 30 Century Electric Co 10 Coca-Cola Bottling com.-l 6% Dec Dec Oct 1.20 29% Sales .1 —* Preferred. 46% 8% July 7 % Jan Dec 10 6 100 Jan 5 4c 15 7 .* * American Inv com Jan 18% Jan Jan Sept 80c 6% 553 June 1 100 Veek't Range Price Par Stocks— Dec 3% 34 40 72% 10% Jan 7 680 Occidental Petroleum—1 30 5/6 5 100 Pacific Tel A Tel com.. 100 Sale Hussmann-Ligonier 10 % 5% 5 Natomas Co.—_..*_*„■—* N American Invest com 103 Preferred Huttig SAD com Hyde Park Bre v com Aug 150 O'Connor, Moffattcl AA_* Jan 3% 4/4 9% 131% 13% 15% General Motors ,.—.10 Horn&Hardart (Phlla) com* Des 253 100 2% 31% 3,682 Jan Jan 985 10c Apr 6% Aug 7% 45 75% 75% Fridan Last 09 V 2% preferred...——* Dec June 19, both inclusive, compiled from official sales lists Dec. 13 to Dec. July Dec 837 2% 17% 8% Electric Storage Battery 100 Dec ■ 29 100 15c 4% 19% 2,075 1,375 103 .....100 Nat Auto Fibres com 43% July 200 253 St. Louis Stock 9% 220 18% vf Prices H igh ..* Curtis Pub Co com.....** Sun Oil 22% 5% 44% Dec Dec 30% " Feb Dec 3 380 1.05 4% 22% March Calcul Machine... 5 Preferred. 17% 396 125 * 12% 98% 53% 4% 10 Nov - 1% 775 2 Low "15% Deo '' 44% * Preferred.. 32 4% 23% Nov Dec Philippine Long Dlst Tel Oct 23 4 Barber Asphalt Corp...10 1st preferred "4% 43 ' oules : July 17 10c "J16% Pennroad Corp v t o....*l Aircraft 9 * 100 Corp pref... 50 41 8% 430 Unlisted Stocks— Sept 140 Week's Range American Tel A Tel 31% Dec 10 -1 Vtc 3% Vo% Sale Apr 27 3,224 29% 488 Frluag Price Jai 2% 13, both inclus've, compiled from official sales lists Par Jan 1% Dec Philadelphia Stock Exchange Last 1% 1% Dec 335 a4% 70% i Dec Shamrock Oil & Gas com.l 1% ai>» fl4% Westlnghouse K1& Mlg.ou V 39e Jan Wagner Electric com Warner Bros Pictures Inc. 5 Nov Oct 23% al6% al8 51 n 51% 16% 51% Jan 6% lc Burkart Mfg com 127 > U S Steel Corp Reading RR 10 Nov 3% 8% 41% May 10 43 30% 43 50 _*„...._ Jan 10% 6% Oct 200 3J% 34% 105 Des 50 Aug 1% 1) i ra.»s,AU t-6 Deo 2.000 St Louis Car com United Alrcralt oorp....o Oct Dec 2j 6y Caroou July 52 191 : 1 1 43% 43% Texas Corporation (The) 25 July 20% 6% Aug 270 23% 1% Deo 2o % 868 in Swift & Co..*....**...26 4% Apr 6% 20% «42% a44% a3% a3% Superior en van,# vD*.l)*il , 300 2c Feb 345 14% 4% • l'rlor 3% 3 8 5 17% Apr 10 45 Bros-.-*.*..-* 600 al3% al3% 52 52% 8% 8% fcout..ern iui»vay Go—. Chrysler Corp. Feb Co. ......*.. .5 Toy Mining Co 1 435 13% 17% 52 ** Oil Co. 15 Budd Wheel Co... 1.90 4% 100 8% 53% 4% Ruud Mfg San Apr Dec Dec Dec . 2% 2% 1/% Standard Oil Co (N J)—25 Banners 8ec 200 Oliver Utd Filters 0.1 B.„* % 10% 1% ; a Seaboard Oil Co of Del..** American Stores 7% Nov , 60 45 58% 4% Pittsburgh Plate Glass..25 Pitts Screw A Bolt Corp.. * Pitts Steel Foundry pref 100 Laclede Steel com. Stocks— 7% 6% 3,147 30 11% 220 VA Republic bteel Corp*...** Dec. 13 to Dec. Preferred.......—*.. 10 2.75 G% preferred..—...100 30 Johnson-S-S Sl.oe com—* * Jan Apr 90 2,812 Fireproofing com 115 • W.nys-avciiauU i..otors. 11% 13% ISO * Nat Brown Shoe common a3% »% a8% : lctares uw..l Air i-lues Sept 13%.May Feb Sept 3,360 30.) a 14% 7% 0% Pennsylvania RR Co...50 Pure Gil Co.*.* * Uii 14% Dec Roos Bros 26 80 Packard Motor Car Co...* ot Apr 8% 48c 35 35 7% 5 Sept % 713 8 7% Ouio Oil Co........*.. Union caioiue 11% 20 100 1% 1% 433 92% :•'■:■ 91 Nov Deo 2% 17% ali^gl all^ al2 1 Htudebaker Corp.. 200 8% 2.75 9% : 239 48 Jan 535 North American Co.... Standard Brands, Inc. 12 2.75 May 12 100 1% 1% 14% 6% 4% Sept Dec 10 34% 34% a34% a35% 2/ 27% U34% N Y Central RR Co— Roebuck & Co 11% 8% Hunt Brothers common. 10 Dec 6 Emerson Electric com... .4 Socony-vacuum Honolulu Oil Corp cap...* Honolulu Plantation Co.20 Jan Jan Oct Nov 63 o23% a24 1% -1% 34% luc.—...*; Montg Ward &Co inc...* Sears Aug 10% Dec 13% 48 Columbia Brew common.5 - 60c Dec Dec 4% Westlnghouse Air Brake..* Westlnghouse El A Mfg.50 1% 55 26 13% a Apr 80 / Intl Nickel of Canada....* Parauioui.t AUg 1 6% US Glass Co... 37% 1J8 1,41/ .1 mo Sept 10 Koppers Gas & Coke pf.100 Lone Star Gas ---* Mountain Fuel Supply..10 23 200 a3/% a:33% 18% a Goodrich (b F) Co...—** North Amer Aviation 17% 47% Co ai% Commercial solvents Corp* 13% 100 38% Columbia G & E Corp.. Loew's Dec Menasco Mfg Co oom_...1 May Dec Jan 30% July 2% Apr 315 ■. Feb Dec Mar 125 700 . July Jan 5% 18% 21% a57% a50% a9- Apr 29% 75 25 al8% olt)% a8% 40% June 158 90 a>Sl% a8% Jan Feb Dec 0% May 57% Nov Cities service Co.......10 ot Dec 7 22% al9-/» t>ai»isual 1 oil Co. .«,* —•* Jo steel Corp...* Borg-Warner Corp......6 Gia.iain-f-aige Dec 35% 125 575 a2% a3% o23% a24% a20% a26% Dec 3% 1,437 al3% al3% —o Betiilehem Int Tel 196 26% Baldwin Loco Works v t cl3 ■ 39% 26 Fe 100 Aviation Corp (The) (Del)3 Co.Ulnent-i Oil 611 126 126 ? AUauile Keii.i .g Co...Ho Couunonw'tu A 4-p; 3% 36% 3% 32% 11% 23,378 1% 1% 13% 1% 1% Electric Products.....—* Reymer & *• > Corp..* Dec 39% 10% ».% .6 Duquesne Brewing Renner Co Unlisted Stocks— AmRad 25 10 Mar k; 1%: 1% a2c Pioneer Gold lv* of B C- -1 100 14 1,027 ■. Pittsburgh lorglngs Co..l Mining Stocks— Cardinal Gold Mining Co.l 25% 11% Sept Dec 13% 6% Pittsburgh Coal Co pref 100 Wellington Oil Co of Dei.1 May % 40 25 Sept Nov 5% 150 7 7% ,ym Dec Dec 12% 7 10 11% 6% 1% 6 10% 1 Devonian Oil Co.------10 . Jeannette Glaas Uniotl Oil of California. .25 8 419 25% »v./> « 10 435 12% 8% Mar 286 253 Sept 9% 12 8% ... com... 40 50c 15 July 9 11% 5% 7 July 38% Feb 40 550 7 5% Hawaiian Pine Co Ltd-..* 249 55c 7% Home F" A M Ins Co cap 10 Dec 6% 200 30 Jan Dec % 55c -----* 7 6% Dec Dec 4% 150 Jan 17% 70 5% Byers (A M) Co common.* 27% 26% Auto Finance Go com 276 Taylor Milling Corp.....* .....J Transamerica Corp .2 ...v.. - Jan 31 C 1 Golden State Co Ltd. 30 30 ...._* 400 4% High Low Shares 1% 130 % Jan 0% 21 % <■>'"/ Sept 47% 27% 10% Standard Oil Co of Calif. * — Range Since Jan. 1. 1941 for Week High 20% 5% 1 7 28 30% ; Low Shares 20% % — .21% ...... ■ Dec *. Greyhound Corp % Allegheny Ludiura Steel..* * Arkansas Nat G ji com 30% ...... 0% preferred A....*.25 Superior Oil Co (The)...26 Jan 31 Sou Calif Gas Co 6% pf.25 Southern Pacific Co.....* Sunray Oil Corp 4 4% Hancock Oil of Calif A...* May 10% 705 Aug Price Range Since Jan. 1,1941 for Weekr Oct 39% Par Stocks- Jan 15 Dec 38 " 38 Dec 1% 4 % 860 4% 16% 43% pre.eried—-26 of Prices fjow High Dec 25 550 Week's Range Feb 10% 201 2% 2% iMSt Dec 25 65 25 25 Signal Oil & Gas Co. A.*.* *—G ...1 2% Sontag Drug Stores.....-* ' So Calif Edison Co Ltd..25 17 Sr.lar Aircraft Co Original 270 25% al5% al6% Sept Price Par Gen Paint Corp com—.. Preferrel Fridag . of Prices Low High Gladding McBean A Co..* Sales Aug Sale Roberts Pub Markets Inc.2 Stocks (Concluded) Week's Range Sale Pittsburgh Stock Exchange High Low Shares oates / tuny Last Range Since Jan. 1, 1941 Last 5 . • 29 500' 5 5c 6c 70c 870 5% 5% 100 1% Jan 70% Feb July 5a Feb Dec 65s Dec 5% Dec 3 1,350 65c 42% Sept Nov Dec Jan , •- . 2% 6 Dec 15c July 1.40 July 7 June CANADIAN MARKETS Dec. 13 both inclusive, compiled from official sales lists Dec. 19, to li'eek's Rang Last S'lle Par Stocks— Price of Prices High Low "18" Bell IS 299 144 10 114 Telephone--------100 P-* Corp A..-* :■ 6% 64 ■; 4 i 4.."Vi :/4; Can North Power —100 Corp..* June 102 5 July 114 5/ 54 1,010 44 i':' 2 5 .... 2,848 284 54 430 21 22 224 230 2694 2714 270 1204 1224 110 120 H Converters. -100 Apr 238 174 Nov 894 Jan 7 4 2994 104 2794 2894 Feb 5 May 20 4 Apr 1894 May 110 Jan Aug Sept 19 Jan 10 100 Mar 1064 Apr 5 112 4 5 100 105 105 6 104 594 54 Loblaw Groceterias Ltd A * 3,175 Crown 26 27 100 24 4 "244 —* Distillers Seagrams 25 1,425 93 93 22 224 170 104 935 15 5 6 110 Dominion 6% cum pref.. 433 7 Feb 75 7 June 20 25 ; 254 6% Preferred.. 44 4% 44 44 Central Porcupine; Chein Research. 51 85 27 Jan Foundation Co of Can—* 15 .—.. 66 6 -- - - - -- -—-- - 65 •74 75c Dec 11 200 75c 75c: 11 ' - 95c 95c 500 95c 21 * SI cum preferred 41 Sept Jan 14c 28 Jan Candn Maiartic Gold M__* 98 Sept Central Cadillac Gold....1 274 154 Sept 108 Arntfield Gold M Ltd 6 Dec 494 Feb 34 June ~3% Alabas—* 1.50 94 * Dome Mines Ltd * 6 J-M Consol Gold M Ltd 6 I Jan Sept Sept Kerr Addison Hamilton Bridge Mar 6 Maca^aMi 1094 4 94 830 Jan Feb 10 360 74 Feb 934 Mar 4% 24 5 24 May Jan Sept ' Jan M alartic Goldf iel Js * 9% Jan Jau 38 Sept 16 Nov June 93 Sept Nov 3294 154 / 850 90 20 82 82 n% pref... 100 470 e Lindsay to wj pref.—.loo Mont i. - 51 30 52 Sept 56 10 3 34 34 155 34 June 1,282 2094 June 2.95 Sept 324 474 4.) 20 20 204 .- 30 19 May 28 I-eb 39 Aug Dec 5794 224 245 31 47 305 18 94 Jan June 155 Alar 484 Nov II Deo 50 15 50 K 9 48 394 <*0 May 150 11 3 3 10 Quebec Power..,.———* 11 1/94 1/4 1.50 1.5 J St. Lawrence Corp....—.* preferred.—— .—60 1*44 144 40 % 40 13 124 5 ■ 84 Jan Jan 1.25 210 18 Aug July 24 Sept Preferred. - -. . - Gillies Lake. Jan God's 150" 84 June 11 Sept Cotton—...t. Jan 76 151 Dec 5 64 151 — 25 143 Mar 38 90 24 Feb 38 Sept Sept 164 164 60 16 May 18 jan 34 - 1 Woods ,v*Ig pref Zellers.. 100 — "iik" ...... 1 10 60 Winnipeg Electric A——* 60 25 40 114 1194 • Feb 24 '■ Apr 756 50 1.15 Jan Royal.. .100 ........ Jan Pioneer Gold M pf B C--.1 2.02 2.02 Ltd 1 2.86 2.85 2.86 100 2.75 Feb lo lc 100 lc Nov Preston East Dome M Sigma M ines 48c 1 48c 350 89c 880 1.15 61c May Sept 7,50 June 32 6.40 Oct 7,850 48c Dec 69c Mar 32c 3,000 20c Apr 470 Dec ; 28 Sladen-Malartic Mines...1 284c Sept 62 c 62c 1,000 1.08 1.08 200 ——* 3.65 3.65 100 3.10 Feb Wood Cadliliw; Mines Ltd. 1 44o 5c 1,000 44c Dec 52c July ; Sullivan Cons Mines. ....1 Upper Canada Ventures Ltd. .. Anglo-Canadian Oil Co...* Home Oil Co Ltd f 50c May 2.0/ June Dec 1.00 4 65 July 9c Aug 76c Jan ; 54c 54c 300 2.23 2.55 1,500 204 ""'V. Toronto Stock 2,65 Sept 1.58 May 25. Feb 18 25 Sept 6% 20 2 110 12 Guunar 1... Aluminium utd * Bathurst P & P Co Ltd B-* 107 J.* Beaunaruols Paw Corp...» Brewers at Distillers Vancouver Ltd 94 Week's Range Last Stocks:V" -v Par ■ Range Since Jan. for Abitlbl-- — - "100 6 - ~ : * ; 14c 14c .... 25 65 05C .;-. — 6% preferred.. Aldermac...... 7 50c 6,100 Feb 4c 9.000 4c 54c 54c 4,500 46c Anglo-Canadian.... Ang.o Hur ----- 2.55 2.56 261 v 35c — astoria Que - Aunor . ... . — 1 "74c v 35c 74c —1 — Home Oil.. 1*45 -100 ^ ^ — w 1.45 1.55 3 4c 34c 185 — * 164 .aoo 250 ----- Bank Tor.. Base „.,—... ♦ Metals...;->>■; i.kikr 250 8c Fept 1.45 , Dec 3c preferred*. 10 267 Cauaila «st Dom oug Co Canada Malting Co Ltd Can Nortu P 1% cum pi — 240 June 44c 5c 12,600 Preferred 98c 6,500 14 300 Bell Phone-....—;. -.100 ....1 Bklgood K Beatty A * 4'4e Jan 2;45 v- Jan 8c '• I'ioo 84 8 — » J - 1504 ..... 104c Preferred..—----- --50 1 151 , 10c 10 4c r 137 7... 35 .. - .1 —, Trac.——> 10 000 9.90 1,740 7 17 214 707 7 — 164 B C Power "A"— Brl Dom Oil—— ,214 — lzc — 1 60a 2.80 Broulan,.. Buffalo Canadian 55c 7 503 4 104 107 375 95 2 94 94 Feb Feb Oct 1,50 June 6 4 Mar 1.15 Calgary & Edmonton— 94 Sept Oct 115 Sept Aug 34 May 2c "l3 64 15c 17c 5c 10c 28 4 - - — - - - 104 Canada Cement- -— 44 .,...* Candu later lnv Trust— 5 cuin re - j *,. Nov Canada Malting.. Can Nor Po wer. 184 Jan 1024 Feb Can xerm 54 1 Can Steamships Jau Dec Canadian Bakeries pref. 100 67 80 Dec 954 22 Feb 284 26 106 5 44 For footnotes see Jan Feb 50c 1627. 5c 95 Aug 30c 89 25c June 1.50 70 2 Jan Jan 13 <4 Jan Jan 68c Sept 104 Aug 100 95 96 25 93 Feb 105 96 4 96 4 10 93 H Apr 100 20 119 112 : v : : Jau 110 July 1154 Oct Jan Sept 20% June -38 4 1 Sept 134 Mar v10 1,002 10j Dec 25c lac 15c ; j 100 8,400 12c A-ay 27c Jan 3t)c 26c Dec 463 Apf lc 3.000 4c Dec 1 %C Aug 4.48 20,405 7,930 1,310 4.90 July 55c Dec 104 i\TOV 21 Dec 100 Oct Dec ,5.15 Jan Mar 15c *-"'15c ..1 ' 4c 4.10 4.10 a — . 01c 55c 55c a 3.05 * 12 114 •14 60 Lake Sulphite..> - 1 60 100 Feb 1.05 ' Oct Jan Jan : ,Jan 11c Jan 114 . 9 May 42 c 4,000 39c Nov 24 Nov 1.25 Dec 3 4 Mar 2.10 July 8c 9c Sept 84 July 184- Jan 60c Jan 1.35 254 234 254 234 220 24 Mai 28 Sept 515 22 4 June 26 Jau 2.90 3.00 2.86 Dec 4.30 Jan 1.60 1.80 2,055 6,015 1.49 May 2.35 Jan 49 4c -"•:49c 52c 15,800 2.06 2.24 24,800 87c May 2.96 -2 4 24 4% 250 14 May 44 51) 24 Apr 2.01) 865 l.o5 Dec 50 44 4 51 34 88 4 45 95c 102 34c ioc 34c loc 24 1.20 1.26 * 254 w; .1 . — *•_ ; . 2.90 i 1.65 r „1 .1 2.06 M I^af Mill- Preferred.—;—;. * 'mm* ■« p, 4 4 1.85 * * Massey Harris. I;-100 Preferred-.; 50 4 .— 34 34 — —— Preferred.,.. 100 Mclutyre..—.. McKenzle ;_1 88 4 —5 .1 MoLell an 444 • j:< 95c . Jan McWatters.;.;. i;.— Mercury Mills#Mining Corp... Moueta... I. » iim.h —. " 483 Dec 76c July / Sept n6c Apr 154 1.49 "Jan "National urocers... 25c July 100 Deo cm 20 ;: 2 Preferred,; , . .; .a.-v National Steel Car. -104 Apr .Dec Mpore Corp.... mm* National Brew.. ' ■ —1 Naybob—...... • "21c 204C 90c - "90c 604 Sept 54 Jan 85 June 98 Jan Dec 52 sept 953 1.32 Dec Jan 2,865 1,000 34c Dei 2-iC 1,300 v 10c Dec 24c 24 Nov 74 Jan 60c Feb 1.77 Sept 27 Dec 54c Jan ' 10 2,210 4,723 ' c , Oct Mar | . Feb 474 Jan 10 214 May July 244 July 26 4 Sept 600 34 54 Sept ) 20 4 Dec , 5 304 Mar 39 Aug 1 6,100 203 Dec 110 :< 44 26 4 >•■••; 10 32 32 Aug Sept 41 44 4 44 264 Aug % 25 25 25 Jau 34 June 530 24 444 41% •J 1 »>; ;* ■ 25 6 *3 4 ''486 ;' 27c 294c * Dec i; 200 2,350 Nov 11 1.25 1 Jan Mar -.- 374 • Oct 3,500 V/ 255 64c 104 40c • * 1,30 • — Oct 84 6 3.86 717 Jan 15c " - ■K,&■■:::< '2 -1 B Macassa., 4.15 10 4 -V'/ "i04 40-4C — ..—. 60 4.05 4,05 Lamaque G, J;.*;..; Loblaw A.'.,,..—; Dec A 5.95 Apr : Dec 30c Kirk Lake Jan 1 1604 Dec Nov Feb 100 Lake Shore.;.-,;;. Feb 4 4 7 Feb 21c - • Mar ■ 10 —;6 . . 1.06 325 484 1,1)7 " *"43 ! 190 - Dec Noranda.—...'. 106' Dec Norgold——v. Jau Normetul;...,, May O'Brien....—;* Okalta Oils.;—. 1 83c 77c Oct 40c 35c 40c June -138'Jan Omega..—..... —1 5c 5e -• 1 t 84 c 8c 1.0/ 1.00 "- 120 ~ * 39 Dec 11 June 44 76 10 J»n July 32 216 64 274 284 55 155 64 50 Preferred 55 1.00 Preferred-,--—-;—.* 27 4 92 •> 296 17 25 20 6S6 1.10 7 4 34 June 30 Feb " 60c Dec. 41 31c Jan Nickel,; Orange Cras.i.2; 1.. ; 48 * > ■"--;-l -J. 1 ■; ■ ■ T ' . >\ +.«~r.ir * ■ r 147 146 28 148 . 1.50 lOo 22 Mar 29 215 143 May 163 50 .* A Sept B —.—.20 — .» 64 214 5 Feb 9 64 22 340 94 1,090 184 Jan 84 May 574 Jau 4c Nov Mai 99c Sept 56c May 1.88 Sept Aug 24c 6,850 25c 93c 6,460 3,350 2,887 35c May 75c Jan 74c 50 Dec 18c Apr 9c 44,000 74c Nov 15c 2 Spet Apr 1.00 50 1 Nov 6 Dec . ; v ' Car.2.,! ;#V;' 1 Page Hersey..— l'mz. Ottawa > Oct • " ' 1.35 Dec 200 83c 80c ■:v 80c Dec July 90 3 48 v 3% 34C _ ' Dec 55 Feb Apr Dec — 6 10 6 102 102 64 106 95 4 Apr 7,450 80c Dec 3c 4c Juiy 24c 4,500 2,000 18,117 30 24c 2c Nov 5o 15c Ju ie 28c Deo Pamour. Jan Pandora Cad-.. -----.1 74 Aug Paymaster#;; 2. 224" Nov 104 Nov Perron.-...—.. —;1 1.33 1.32 1.37 1)40 Pickle Crow;.,# — 1 '2.35 2.30 2.55 3,605 854c 854c —-.1 Jv--'*' 1 15c 15c 154c Sept 1.65 8c Jau ; Sept ■ Feb; Jau 'j ; Dec 1.69 Jan 2.25 May 2.55 Aug 1.25 ! Sept 260 91c * Partanen Mat.. 2 Canadian Canners.:..—.* 50c Jau 3 NIpissing 106 V 894 June -1024 Feb 90c 25 25c * page 207 66c May 5 65c 1.50 Pow & Pap lav Ltd* 5% cum preferred 38 54 * Canadian Bank Cora... 100 453 40c 65c 64 -I — ... Nov 1.24- 14c May 86 ' 40c ------ 100 - 100 86 Jan 80 June , 122 4 125 Mort———100 38 80 150 114 20c 10 :. 104 Dec Feb 1.000 144 15c . Jau 284 20 44 100 374 — ... 2/ 284 1684 170 10 104 106 100 Canada Packers June - preierred—100 Canadian ivxarconl „o Caud 1684 1,600 74 Ontario Preferred. .——100 Canadian Breweries..... * Candn Indus Ltd B 450 3.1c Little L L... 1.05 May '400 - 84 124 Dec 2c 13 125 15c June 80 100 Canadian Breweries pf—• 2 85 2,552 94 9 2,0/5 Levy Bros-, June 3,500 10c - 15 32 24e >-■—•-—1 - 100 5 525 Camp Bird- — -1 Can Bread A..,-...—100 22 Dec July 65c 2.90 2,305 2,700 . 2/5 10' AUg Jan Dec >.26 5c Aug 17.40' Dec 56c. Dec 1.10 -Jan 11,150 32,850 1.20 - be :■> 324 164 Nov 214 50 1.13 - 211 2/5 " 13 13 Feb 100 25 Twitch Mar 15 1,878 l-.i-O 1,335 194 56c 2.SO 5 192 275 Jan 3 11 lie 12 4c ——* Prod-—-——.* Building 64 164 214 94 Dec 110 275 •: 74 Lapa Cadillac...— Aug Dec Feb 7c 9.35 94 May 8 205 2 lc Maiartic G F.;.... :54c 64c kept Oct 10 j Jan Aug 7c 57 JaD 134 Feb 30). ft Pel) 32 Madfen R. Lk.;.: 15 Fee 52 2 134 Dec 324 Jan 30 4* Sept 234 3.4 25 324 14c De; Sept 30c 203 —1 — r 500 ,",,v;'3'V Jan 2,67 International Pete-. 255- May 134 9*5 1,700 53 :: 53 53 Dec 1.57 May 18c No; 5,500 7 7 100 Feb 7<? May 11,750 9.40 —. - B A Oil. High -. Aug •1024 99 267 1014 1014 160 31 Buffalo Ank_1 Low ;-- 4 184 c bee Jan ' Mar ■V' 9 4% 135 2,621 9,91)0 124 McL Coclishutt-.. / 2.14 Oi-t International Nickel Nov 91c Dec Jan Range Since Jan. 1, 1941 —...... preferred Int Util B-; Sept . 104 June 4 ic Dec 94c 104 184c 194c 274 2/4 "263" ..1 40c -lie . 104 .2.25 ..1 , 134 July Week 31 2.55 ; * J M CodS-;;:.>i. 4,800 :■7c Nov 95c 162 compiled from official sales lists 37 * kl04 Apr Dec 6c June .1 Aug '4 134 Jan 440 Jan 46c 600 —5 Imp Tobacco ord— Inspiration.—.—'— 3.15 - 44c 166 204 1.10 80,180 I6c "9" Jason Mines 193 * Feb 20 -.. Jan 55c 100 Jack Walte. 283 —1 Ja.i f||? 100 Jan Mar ■ . —II1 —. 150 164 54 3 4 * >24 100 . ,81C Oct 171 BeattieGold Bath Power A 100 101 Oct 3 10 7 Sept Dec • 6 ' 84c 152 164 Jan 105 16c 5 Laura Secord,",....—3 3 101 6.s0 46c ...„,* — ; 143 Sept : Apr 2c 64 • 185 272 34o , 10,033 272 ——... Brit Amer Oil Co Ltd. 2.a0 Dec 34 "27 Oct 24c 30c May 75 1,500 6,700 Bank of Nova Scotia- -100 Bank Mont C C M preferred———100 Calgary Pow fi% cum pf 100 Dec 2.50 3 .. 1941 1, 94 ) • Dec Apr 2.00 May • 12,200 2c 2C 1 —1 k:V>; 84- 74 35 2,o0 34 "*47c Kerr Addison...... 40 50c 2.56 # 3 v ""34 Howey. i. l Hudson Bay......—.—.* 1.15 Sept Dec • 74c June 4c ——1 Amm Gold 7% 5 Apr Dec ilk) 200 ■ ffioh , 4 r 650 15c Blue Ribbon--.. 5 37c Jan 4 >/ t * 94 c 2.60 » Int Mill preferred May of ..,-5 24C Aug 34 sept 194 Jan Dec Nov Apr .Inly 3c Jan 554 3.03 3 4 Hlghwood A 'Low Shares High Low K.luno.e 75 10c 24 Jan 80 2.50 Hard Rock Week of Prices Price Jan 370 e Jan 2c 2.50 2*50 Hrd Carpets-'-'— Int Met A.........;.. Saies Friday Jan 64 Ju 1 »5 3c 3c llnorMines...;.—...1 Ham Bridge............* Feb ; 1,000 34 34 ■ Halcrow Sway HillUfll—— 1 2,001) 10c 114c 114C Gyiwuru Imp Oil,;..—.. both inclusive, compiled from official sales lists Dec. 13 to Dec. 19, 13 84 145 2 64 100 cum pref— 14c Mar 2 Imp Bank Imp Life———--- Exchange lo3 310 Dec 15 20 % 284 ■r 51 1,000 2c 2o Huron A Erie..100 Mar 75c 51 2 Hunts A;...... * 20 4 ...... July 70c * 1,407 51 11 Hollinger.. . 51( * Royalite Oil Co Ltd--.* Calmont.- Abitlbl Pow & Pap 67 July Dec Lake Vot trust- H 80c 125 684 -1 4c 2.5)0 •■'referred.— Great ■ 50c - —. .• 65 65 Preferred-..#.—.. 1—50 —V 2c Mar 6.45 6.45 -. Jan 3.55 4 ■ Graham Bous iuet— 171 for Jan Aug 267 Shares 10c 1.65 15 of Prices High 2r«c May 2.50 87 Low 12,0)0 Dec 136 Week's Range Sale 34 c lc Dec Dec Mies Last '34c lc 1 25 60 Montreal Curb Market Price Jan 34c 2.02 Brazil Par 10 4 c 13c 100 McColl. Stocks Dec Dec •300 2/0 Friday 94c 3,40 1.35 <147 Dec. Id, both inclusive, 7,500 1.32 1.32 2.02 Bralorne to 4e Goodyear. Bobjo—— — - Dec. 13 Aug 3,800 3 he Jan 151 151 41c 94c 114c Dec 186 130 .10u July Dec 3.15 115 148 146 .10o 7 4 Sept 8 4c July 3} 19c Aug 2/0 .100 Montreal....—„ 184 Oct 63c Sept i)% J a" 4./50 July 1st preferred—.... Nova Bcotla—. Feb 2,500 3c leb Banks— Commerce...... Dec Dei 1 44 Jan Nov 3.90 Sept 2(ki 2.30 Bear Exploration.... 16% \y.io.lb J.td. 7 Ju.y 33c 5 • 52c 30 Feb 34C 500 Sept July 594 105 70 Feb 3)5 714 34 18c juiy 154 100 500 64 34c "i/e _» 1.150 Arntfield 38 *38 • ... 4,900 .''■■■5 "*64 mil 35c 30c June 23 165 33c 5 4c Argus Interests 20 ■■ Wabaaso ;.... — Lake.;..v.... 134 18 33c 3.10 Jan Jan 64 150 United Steel Corp...—.." ■'vlfl:1'*- 164 _% 4c Dec 115 47 Jan 3.00 Sept 10894 May 70 . .. 84 Sept 16*i>c Jan 84c Dec 2.95 Jan Oct Pato Cons Gold Dredg—.1 Perron Gold Mines Ltd-.l 17 #31 62 62 -25 Tuekett Tobacco pref..100 , Mar 8c June 18 1 Bankfleld....... Steel Co. of Canada..... Dec 64 28 Goodf Ls'.i; 18 20 8/4 Dec 1.91 Oct Go.d Eagle 44 1394 June July 12 May 5/0 1104 1104 Southern uau t'ower Jan 1,5/u 13 A Jau 144 164 1,025 154 4.1 ShawLlgau W & Power..* Sner Williams of Can pt 100 54 124 3 894 381 • 1.80 St Lawrence Paper pref 100 Dec July 94 June 2,074 12 Regent knitting pref---25 . 2,300 11 12 84c Apr ♦ Apr Aug 155 10 1;5 50.) " Feb 144 Apr Oct Feb 4794 v.—- - * Dec 1.76 204 1.45 Sept 11 of Canada...* Price Bros <& Co Ltd Oct 89 ' 50J May 470 8 4c Jan 1,475 * Power Corp Jan 6 2,721 Dec Sale PenmanS— 94 July 824 63 •75c 2/c ug Dec June 4 15 : 89 1 64 399 23 " Power..-.1 General Steel Wares. Jan July 155 Ontario Steel Products.—4 22 4c 90 ' 7,500 16 Francoeur Gatineau Jan 594 29 120 254 31 — Jan 49 ■ . 224 164 4.30 Jan 100 64 44 94c KM}*, 4.90 Sept Nov 254 20 25 47% * Preferred.....a...>-100 Dec *4 Oct 4 224 33 * Ogllvie Flour Mills.. f 1094 254 National .steel Car Corp—* Mbes Ltd.' 18 4 May 25 National Breweries. .....* Noranda Feb 9 34 2 2% Telegraph....40 Montreal 12 36 2194 * H <fc Power cons.* 120 10% 34 Massey-Harrls (new)-...* M cuoil-Frontenac On... 17 54 ......3 Jan Jan Aug 1.97 1.00 i 17 10% of the Woods..... Laura Secord 234 10 1 Dec Oils- Lal July Nov 224 134 32 Internat Power 1694 25 90 22% Inter Pete Co Ltd....—-* ...25 12 204 Oct 294 June 134 Mar 17 1,270 Ford Motors A...... -..-* Fanny Farmer Dec Jan 160 Internal Nickel of Ca-.ada * Preferred 80 21 , 8,316 100 SUcoeGold Mines, 12 195 Jan 21 3,100 88c Shawkey Gold M Co Ltd. 1 12 Dei Jan 35c 88c Sherritt-Gordon Mines-_.l 22 4 15 Jan 200 15 19 June 30 - 183 3.10 Parmour ' orcupine Mines * Pandora Cadallic G M—.1 Sept Jan Jan 7tjc Kept 28 4 24 4 20 - 84c 10c 10.4 154 - 184 May 164 Dec '74 34c 304 14 leb 900 2,833 2.10 —i -#..i Dec Feb 240 8,000 294 ii—i 234 June Aug Nov Dec 1.93 Golden Gate 662 10 17 4o July 294 Goldale Jan 114 Oct M ur 32 4c 1.85 Sept. Sept 120 Jan 12o 25 1.93 Apr Sept 2,110 105 64 — . 80c 16 124 Feb . 1,300 13 10 35 Apr Sept 2.95 — - 93c 101 1294 Dei 50 414 324c 1 . . 93c l-'eo 10 UK Imperial Tobacco of Can.5 Indust Accept Corp--.--* International BiOuze....* 14o 87c May 3o 8c ■84c Jan 4;7§; July 45— Dec 155 750 "■ 84o 1.05 May 8.4 '""ok --•-1 1.29 11 2,452 ?lscoe.--:—.. 2.90 400 Jan ;00 1.90; 88 :* Preferred--..-;—. -.20 Dorval 4.00 1,350 Jau 14 "■"/ * 33 44 Dec 97 94 Sept 300 2.25 1.55 June 00 64 ::ioo Dominion Tar pref.. 303 45 45 Deo Jan Sep 101 24 4c 24 4c 'J 44 Dominion vVoo lens.'. Sept 2.90 Nov : 314 May 21.4 Aug 184 184 24 4c ♦ Eng Eteu 11 92, 9 196 27 15 15 ";"l Eldorado 20 64 867 190 * Jan 3 34 June 3,500 16 1.0ft 10 20 Dominion Foundry.; Dom -mot Inv--..L: Oat 4.10 Oct 76 > 1.00 244 : 16 Bankl"*! ^-ioo Coal pref," -.26 Oct 12 3 2.15 1.87 1.04 Nov 453 920 3C "24 k '*"—* _ 1.80 - Jan De, 3,900 1540 40 175 9 __ 1.15 4c Juiy 3.50 Apr 32c 1.10 May 15,370 51c 10/104 36 4 38 4 1.05 13 Dec . 24 4 400 Nov 1.53 "--"l ...—.. — Dec 1,000 11 « - 1 100 2/4 27% • Mlnes.5 13 10 Dome Apri lc Dec 104c 600 Dee 4.25 7o 900 16e 4 4« 25 7 174 1.05 Dec Sept 1,95 Aug 21c May 3,;30 16,500 54 ! "101 1.40 lc O'Brien Gold Mines.....1 Sept - McKen/.ieRed Lake G M.l Feb ■ i 1.36 1.3a 104 J 31 174 1.92 Nov 60c —.100 100 700 1204 45c June 50 —— ;oo 1.95 117.4 June 27 DtuiueBne Mining—. 1 East Maiartic.—.... --1 4.15 W-ri.,*.- • Sept June 87 x 1 esLtd......1 94 80 4 95 60c 8c Dec 2,000 4.05 Lake Shore Mines 1694 J.dy Nov 44 110 314 Sept1 104c Sept Mar 1.05 1.92 4.15 Dec 76 104 Dec 22 4c Mar Jan 47 * > Dominion Stores 4o 2.91 Nov 204 Feb 5c 174 ■■■/ 1 Feb 70 50 10)4 ....* Mining imperial Oil Ltd — 100 * 100 PreferredHudson Bay 1.05 Lama Que-.....-.. Sept 34 953 Jan 46a 1.53 1.05 174 —— 7 20 314 * Hollinger Gcla MLes llowurd Smith Paper 1.05 .1 82 80 Jan East Maiartic 155 91 Dominion 700 • Jan 5 34 Jan 11,000 •6c ! 5c 5 Coniaurum Mines Ltd Feb 794 91 Preferred.--------—100 Gypsam Lime «fc 104 666 46c 46c 5c Jan May 35 Dominion Sc June Aug Nov Dec 60c "374 — 4 7 Mar 500 8c 8l 1 Feb 204 119 May 72 6 6 7 Mar 79 4 General Steel Wares.....* Jan .. 14c 1.60 1.4) 50 Dominion Steel B..'. —25 ;,"V AIdermac Copper Corp... * Denlson Aug 98 194 550 21 204 Sept 74 21 Apr 8V,c 7c Cub Aircraft.. Aug May 875 494 Crows N Coal- 108 75c 34 03c tept Feb 4% 18 Jan Apr Aug Dec Mar 1 0)0 53c 1.35 95( Deo Nov 98 Jan 214 Dec 41a 10 120 104 .4 Smelters....—....5 54 June 13 700 74; " Davles Pete..#..... 15 1.7c 1.35 1 Distillers Seagrams— 54 54 100 100 3,423 Co is^Ildated Bakeries.. .* Nov 75c 13 77 Mar 54 Cosmos...-..., 474 984 Deo 2 2.446 Cockshutt Nov Feb 10 '-"l;:,-;"' 81 11 46c L45 Cons ■. 80 127 16 130 3 53c :v-l Cociienour..... Sent 14 Dec 35 102 -Aug 54 11 ■*>•;;; 30 1' '"' : 414 200 45 102 OO June 72 * 5% preferred------100 5%% preferred---—100 Feb 2 'Apt Feb 11 Mar Mclntyre-Torcup Gatineau. 96 4 Oct 94 54 45 -f- —- 1.00 1.00 11 105 150 15J4 Sept 59 Aug • 1104 May 10 .'Vi. 5'M *04 120 Coniaurum.. Page-Hersey Tubes Ltd..* Power Corp of Can— 6% cum 1st pref 100 Provincial Transport Co * So CanPwr6% cum pf.100 16 614 88 Aug 1.60 1 Jan Jan 11 Aug 20 54 j 1.00 90 28 44c Carnation preferred '."—100 Castle Treth 154 Rrefrig & Stor vot tr. * 405 78 Aug ; Jan 8% United Distil of Can Ltd-* 75 153 594 54 Paper-———* Nov 9Feb 1.00 Apr May 20 4 % ;_.i 11 150 204 10% Sept Walker-G'ham & Worts— 85 — U 14 26 4 Apr Cariboo... Nov 65 1.00! Apr May 131-70 78 153 Dominion Textile--...—-* Preferred.—— 100 Dryden ; 44 54 /0 4 1.00 10 > 30 320 64 ..26 Canadian Wirebound. .<»•;* 15 Mel 3>ere Dktlllerles Ltd. * 19 10 ■ 24. Canadian Maiartic..;.... * OPR Oct It 124 90 100 100 214 May .105 110 Feb 10 4 . * Jan 54 174 13 104 130 11 11 * — .. Chestervllle 1184 June 74 Canadian Dredge— Jan Jan Dec 34 May 100 21 264 27 120 120 Preferred._..__.... .100 ; Aug 3 1.50 May 105 34 21 21 25 High 4% Jan 4 15 6% cum pref....... 100 McCcll-Frontenac OH-> Chesferville Larder 154 154 pref—25 Glass.-----100 Dominion Steel & Co«l B 25 Dominion Stores Ltd--..* Dom Tar & Chemical-—* Dominion Coal 5 Massey-Harrls Co Ltd— 84 451 54 51 MacLaren Pow & Paper .* - Feb S . .1-. Central Pat.. 24 4 June 5 1)3 224 Pref erre d—-----100 Domi .loii Bridge—----* 32 630 38 3694 374 & Smelting..5 Cork & Seal Co.--* 24 June Preferred..... Canadian Celunese« Cdn lud A1 A...-. Mines— Con Mining 24 May. 24 July 795 0<;t Nov Sebt 24 44 "> Low 230 54 54 64 Range Since Jan. 1, 1041 for Week Shares High Low Price Pat Car...........» 1.00 Jan - 335 - 2 254 — Feb Apr 44 1,471 Feb 124 104 Mackenzie Air Service...* Mtl May 114 26 34 104 * ?3 cum preferred.....;* Moore Corp Ltd——.—-* Jan 17 100 May 1.50 16 124 Lake St John P & P Dec 10 114 10 (Concluded) CanacJian Oct 5 13 Dec 126 May 100 Feb Mar 694 105 105. 54 Jan 17 17 Canadian Cottons 1594 3% June 64 5 614 274 2 2 34 16 * Mitc'. ell, Robt Co Ltd...* 5 6 % 100 Preferred-----------101 Cndn Fairbanks pref —100 Cndn Foreign lnv pref. 100 Candn Pacific Railway-.25 19 91 3)5 4% 1004 4% 694 Dec Dec Feb 124 100 -----—.—25 2 Deb 28% Canadian Jan Ang Aug Mar Steampshlp.—-* Preferred Falrchlld Aircraft Ltd Fleet Aircraft1 .td 25 275 34 44 Stocks High July 4-4 12% Jan 84 1.50 860 1 160 264 50 134 Nov . Dec 10 S5 Cand i Celanese——--* Preferred 7% . -——100 1494 Feb 6% 5% preferred - -----,-50 Candn Car & Foundry..* Canada 1894 May 54 214 75 1.25 1294 114 124 * Canada Cement, - Fra?er Companies Ltd;..* 6% 5 Preferred-. -. Ford Motor of Can A....* 1.25 - Bulolo Oct Dec Ja" Jan 137 190 - A 3 Low 85 224 24 3 104 Sept 8 4 Nov 19 4 Sent 1094 June 1.5/5 7, 2194 2194 Mills.—-—-* Building Products 24 Fraser Cos voting trust...* 525 14% 150 % 1504 Brit Col Power B.*, 22 4 24 4 134 54 June 17 1394 134 150 4 Brazilian T L & Bruck Silk 224 ..* Jan 7 25 17 Paper A.* ■ 3 3 4 B I<eb 114 2,251 17% Breweries.-----— Bathurst Pow & » 8% 3 Week's Rangi '', of Prices Sile Shares High Donnacona Pan Co Ltd A * High Low 60 13 8 % 8% Asbestos Corp..-------Assoc 12?— 13 Shoe.----* Agnew-Surpass Low Price C msolPaner Corn Ltd---* Week Sha res •, Algoma Stefl.---------Amal I'lectriJ Corp.-----* Week 7% cum pref....,--100 Commercial Alcohols Ltd.* Range Since Jan. 1, 1941 for for of Prices Canadian Vlckers Ltd....* Sales Friday Last' Range Since Jan. 1, ,1941 Week's Range Sale Par Siles Friday Sales Last Stocks (Concluded) Tuesday, December 23, 1941 Listed and Unlisted — Friday Montreal Stock Exchange V FINANCIAL CHRONICLE THE COMMERCIAL & 1626 . THE COMMERCIAL & FINANCIAL CHRONICLE Number 4023 Volume 154 CANADIAN MARKETS Sales Friday Last Week's Range Sale Stocks (Continued) Price Par V Last tar Week of Prices High Low Sale Stocks {Continued) Shares Pioneer.... Steep Rock,Iron.... Powell Eon......... Power Corp........ Par , Unlisted Sales Friday Week's Range for Week of Prices Low *' High Shares Sales Last Par iit-7. York K Week's Last Stocks (Conduded) of pncer Low High Price Range Range Since Jan, 1,1941 for Week Shares Straw Lake.* ;o,> Pr Metals Preston. * 8tur?eon R....*.t.. Sudbury B win..........* .... uchi..._..:i War Loan 2d 1 s vl vantte................ 1 Teck-Hugkes.. *........1 r—„....... ... — Bond*—-.' .1 Sullivan*. Premier........ ■'Pros Atr... j. Qtieenston Mines.... Reno Gold... Texas Canadian.—. Riverside 511k... ; j.-. Royal Bank —r— Royalite............ Toronto Stock Toburn....*^....;..;..! To wagmac— 1 Tmsoontlnental Res....* 1 TT Tailors ... ; Price Listed — Friday —* Dec. 13 to Dae. 1'*, Exchange-Curb Section bitH inclusive, compiled front official sales lists ..... Fridat ' Russell Irtd pret.iij'.i Twin City...... ■ St Anthony St Lawrence Corp A. St Lawr Paner pref... Uohl Gold..............1 United Fuel \ pref 59 San \ntonlo......... Senator Rouyn..—..' B preferred... 25 United O'ls......* Canadian Maroonl*..... 1 *;..*. Shawlnltan... United Steel. Coast Copper...........5 ...... • ; S'mep Creek—V-—;* Sherrltt Gord........ : W»lte Annulet SUverwoods preferred Simpsons oreferred... Slscne Gold......;., Sladen Mai.——*.. Walkers..... 109 Winnipeg Elotrlc pref. 199 Wood Alex pref.....-.109 Wright Hirgreaves.—* .. Steel Can...i. Ym!r Yankee. Preferred*......... * Invdatmnfc Co. year, r 20c Apr 60) Deo 95) 109 1,00 Deo 1.35 July 1,190 2V$ Feb 4^ Sept (.20c 209 21o Oat 30c Jan 894 25 lOo 2994 2940 2.10 8%c Jan Apr 8 8 9c 10 7 5 15 Feb 10e 1,950 21% 2294 2) 1.43 2? 1.53 209 5.009 3'4c 4c 9c ...... 2j 1.43 ...... Et-rlghts. s 0 Ec-xtock e Apr 2094 Apr 194) May 1.25 Apr 3o Dao divide id. Nov Sept Admitted to c Dec Jan Jan Jan Jan un¬ Formerly the National Bond A sCashsale—not Listed, 5c ,. 2.409 3,590 d Deferred delivery, y 5 June 23 23 ... Canadian market. x Ex-divldend. SH 603 5 3 : 25 7G? 1.09 3*4 1.00 No par value.a Odd lot sales. listed trading privileges, ..* 5 60*j ' 3 ... Temlsk Mln.,..........1 Preferred........... 100 South End Pete—... ■ ' 203 * Montreal Power.. * Oils Elections.**.—* Pend Oreille... ...I 1 pref.. Westous Standard Radio...... . Mandv............ 5 .. . Langley's preferrod....109 Wendigo W Can F1 ..* DU'iousle.*—*— -* DsHivllland.*..........* ...* Range Since Jan. 1,1941 Week Shares „—„*._ ConsPaper * Preferred Slave Lake.......... Standard Paving ..I of Prices Price Can Bud Brew Ventures......... ......* Sigma......... j. i... ' Upper Ctnada... Week's Range Sale Stocks- Union Gis.—* ... . Last ..* Included in range for t In default. OVER-THE-COUNTER SECURITIES Quotations for Friday Dec. 19 Insurance investing Companies Transactions At The New York Curb Companies Daily, Weekly and Yearly ,. locks Aetna Cas & Surety.... Aeronautical Securities..1 iG,62 7.20 Affiliated Fund Inc...194 2.01 2.20 ♦Amcrex Holding Corp. 10 1194 2.39 Amer Foreign Investing 10c 7.20 4 94 16.54 ■ 9.18 514 17.98 9.87 Axe-Houghton Fund Inc.l Aetna Life..........—10 American Equitable. ' : ♦Common. 1 ♦5% preferred *..-5 - 5 American Home.. American of Newark...294 American Re-Insurance .10 — ...... Series 8-2.-——*—— American Reserve......10 Series 494 Series S-4 American Surety;......25 Automobile....... 10 S-3_—„—„r — . 10 National Fire..........10 Baltimore American...2 94 Manhattan Bond Bankers & Shippers..* .25 100 New Brunswick..—....10 Camden Fire. 19.83 11.90 3.10 Mass Investors Trust—1 Mass Investors 2d Fund.l City of New York Mutual Invest Fund Ino 10 Connecticut Gen Life...10 Northeastern Natlon-Wide Securities— Contl ;ental Casualty Northern.. Century Shares Trust...* 23.65 ,.;;* 25.43 9.64 1 8.91 Commonwe JthInvest...1 .3.06 3.33 Consol Investment Trust. 1 2494 2694 Boston ....... Carolina New Hampshire Fire ....5 New York Fire I;—*——10 5 Northwestern Eagle Fire.... „.......2 4 (Md) votl >g shares. .25c * North River 10 (Colo) aer Bshares..*.* — New York Curb Exchange Stocks—No. of shares. 10 .5 Bonds Domestic......—.. ...2.50 Foreign government. * Foreign Corporate.;. 5 12.50 National .25 Employers Re-Insurance 10 National Investors Corp.l Pacific Fire 5 Excess. Total 25 Bond series.:—....... Federal..—10 Pacific Indemnity Co... 10 Phoenix.. ..10 .... Income series. Fidelity & Dep of Md—20 Preferred Accident...*..5 ..*. J.OW priced bond series.. Fire As8n of Pbila *;,. Preferred stock series... Fireman's Fd of San Fr.25 24 94 2794 New Englind Fund*.... 1 Firemen's of Newark. 1..5 Providence-Washington .10 Reinsurance Corp (N Y).2 Republic (Texas) .10 *8% preferred;—-100 115 94 ---- N Y Stocks Inc— Franklin Fire.;...—-.-.5 Revere (Paul) Fire.. —.10 Agriculture—*._—.... General Rei isurance Corp 5 Rhode Island. Automobile-.....*..*; Georgia Home.....— —10 Corporate Trust Shares.. 1 National Security Series— 1.90 Scries AA—,."..*-,-1 Accumulative series —.1 Series AA mod.... —.1 1.78 ••.**.— 1.78 ' 2.12 Series ACC mod——1 ♦ Week Ended Dee. 19 New Amsterdam Cas....2 Fund Inc common.. 10c Maryland Fund Inc J*. 10c 12.91 18.34 Chemical Fund..,...* Total.*.. National Casualty National Liberty.... 2 National Union Fire....20 — 10.88 2.50 2.12 Crum A Fi>n»teroom* .10 Crura & Forster Insurance ♦Common B shajres. — 10 ♦7% preferred*..... 100 Cumulative Trust Shares.* 30 32 St Paul Fire & Marine.6294 Seaboard Fire & Marine. 10 Dec. Seaboard Surety Gibraltar Fire A Marine. 10 Insurance stock Great Amer Indemnity... 1 Standard Accident 94e 1.04 Machinery Great American.....;...5 Metals Halifax Travelers Railroad...*;—....... Railroad equipment.—. Hartford Fire.... Steel... —... Hartford Steam Boiler.. 10 U 8 Guarantee. 23.03 No Amer Bond Trust ctf&. Home Fire Security. ...10 5.43 Globe & Rutgers Fire.—15 — Jan. Jan. 1.50 2.71 7.31 -: 1.78 Fundamental Tr Shares A 2 .2.90 13.39 3.66 3.30 14.67 = 4.39 B.————* 3.35 — Fixed Trust Shares A... 10 Foundation Trust Shs A. I Fundamental Invest Inc.2 2d preferred..*..*...15 — Hanover 10 U S 10 .100 Fidelity A Guar Co..2 — 3.11 4 . *——.. Figures after decimal point represent one 10 Series 1956 1 June New York Trust Plymouth Fund Inc.*. 10c Putnam (Geo) Fund.*—1 Quarterly Inc Shares.. 10c Companies Bronx County Brooklyn Guaranty.... Irving * Kings County. Central Hanover Clinton-...—..-.. Colonial..; ♦.Series C ♦Series D ..] t Tnese boad 1 Trustee Stand Oil Shares— ♦Series A.. ..1 Mining shares Manufacturers The following compilation, made up from the daily Government statements, shows the money holdings of the Treasury at the beginning of business on the first New York Trusteed Amer Bank 8hs— Railroad shares. *—.. *..—- Trade Bank A Trust.... 10 Series - Underwriters 100 100 day of October, November and December, 1941; also the first day of December, 1940. Asked Wellington Fund—.......1 Inc common.. 10c , ♦Class B—— Central Minor coin, Ac... Wl8oonsln|Power A Light 34^s, 1971 Total cash in Treasury 2-3 Bid Reconstruction Finance :i;;' «%—May 1,1943 tm%*-Feb. 15. 1945 15, 1942 2s...—Apr. 1. 1943 Ms. - Federal-Natl Mtge Assn— Corp— %%.... .Jan. 1% July tJ4% Oct, Asked 156.039,431 158,039,431 155,039,431 116,039,431 914,181,930 929,528,508 1.003,645,429 910,663425 Government securities.. 946.703.090 784,270,000 796,877,000 705.432,000 513,395,854 998,4i9,54l 526.005,174 267,840,885 63,137,569 76,268,337 66,183,017 73,035,220 31,636 386,050 Deposit in special depositorles account of sales of ;■ other bank depositaries- Peoples National—.—50 Public Fifth A venue....:;.100 First National of N Y;_ 100 Merchants.... * - —r* -100 National———17/4 Sterling Nat Bank*i.;>.25 "= , : To credit Treas.U. 8...- 1,1942 100.13 15, 1942 100.9 To creditdlsb. officers.. Apr. 15 1944 99.29 U S Housing Authority— m% notes Feb. 1, 1944 100.30 Cash in Philippine Islands Deposits In foreign depts- 1,126,087 449,826 . : < 61,826,018 70,217,869 48,806,812 1,997.981 1,536,339 190,463 , 369,231 41,392,339 tl% Net cash in Treasury and In banks ' « Penn Exchange..*—.*.10 Commercial Natlonal-.lOO *1070221,361 *1085567,939 *1159,684.860 1,066,704,556 . Cash balance in Treas.. 15, 1942 100.10 tWo—July 15, 1943 100.9 Apr. 12 H 1254 2,331,518 21.234,476 ' National Bronx...—.*.50 13.55 Chase National. 65,508 3,702,762 14.956.561 Deposit in Fed. Res. bauks Deposited in National aud Asked Commodity Credit Corp— Federal Home Loan Banks Bank of Yorktown—66 silver 348,867,334 674,834,475 1,656,266 632,697 12,981,185 166,605 Less gold reserve fund*... E. -dividend • Bensonhurst National... 50 7.557,940 18,155,162 Net subsidiary Superior Oil 3Hs, 1956— . National City National Safety 3,758,923 19,975.333 Net Fed. Res. bank notes. aid Bank of Manhattan Co.10 683,647, x68 4,137,.29 474,224 14,742,052 96,733 3,011,828 53/5,499 15,428,050 191,134 Net Federal Reserve notes — Obligations Of Governmental Agencies New York Bank Slocks 437,899.356 674,305,23x Philai lpiila Electric 2?its. 1971.... ♦First Boston Corp.... 10 i 366,282,095 2,353,100 292,564 18,122,820 Pacific Gas A Electric 3s. 1971 * not furnished by sponsor or issuer, 111 Public Serv 3^s, 1971 355.063,689 670,558,199 Net gold coin and Net National bank notes.. Beneficial Indus Loan 2%s, 1956... Investment Banking Corpora,Ions ♦Blair A Co—_—1 ♦Central Nat Corp cl A..* Incorporated Investors..5 Independence Trust Shs.* Institutional Securities Ltd Aviation Group shares.. Bank Group shares..... Insurance Group shares. bullion. Net silver coin and bullion Net united states notes... B. ♦Huron He lding Corp...1 * Quotations on Dec. 1, 1941 Holdings in U. S. Treasury Qiftiatiphsfdr Recent Bond Issues C.*t.**.. US El Lt A Pr Shares A.„ Income Foundation No par value. Tr_20 50 United States Trusteed Industry Shs.25c UiJon Bond Ifuild ser B. *. - Tobacco shares.— * Title Guarantee A Trust. 12 Corn Excnange Bk A Cl.i8S B—*.—.„.25c .. shares.. —. Continental Bank A Tr.10 Empire suOjeet to all Federal taxes. Preferred 50 —25 ♦Series B.....1 ..... — —— < are Treasury Money Holdings Lawyers 20 Chemical Bank A Trust. 10 .....1 Electrical Equipment—Food shares... General Bond. ..,—-Merchandise shares.. -. Petroleum shares.. ... Fulton Super Corp it Amer A A.. 1 Chemical shares. .. t Sept.15, 1)14 tDec. 15, 1)45 Bank of New York. Bankers — Trustee Stand Invest Shs— - - JMar. 15, 1946:* Scudder, Stevens & Clark Fund Inc. 15, 1944 Mar. 15. 1945 Nat.Defense NiS Sovereign Investors Aviation shares.. point. .. Sept. 15, 1944 Republic Invest Fund...! Spencer Trask Fund-.;..* standard Utilities lnc.50c ♦State St Invest Corp.—* Agricultural shares.'—..: Automobile shares a Asked Mar. 15, 1944 Group Securities— Bnihil.»g shares 32n ls of or na >re Maturity Series 1955—.1 General Investors Trust .1 Fund Asked Maturity Selected Iuooroe Shares.. 1 General Capital Corp.... * RR Equipment 28. 1942. Quotations For U. S. Treasury Notes .,. — U SFire -.10 Selected Ainer Shares.. 294 Steel shares. 21, 1942. Jan. *...10 Security New Haven._*_ 10 Springfield Fire & Mar,.25 Series 1958.—1 Fiscal Fund Inc— series.;-10c Asked 1941 31, 1941 7, 1942. 14, 1942. Jan. No Amer Tr Shares 1953.* 9.42 Equity Corp S3 conv pref-1 lo Fidelity Fund Inc.*.—* *13.41 First Mutual Trust Fund.5 4.88 Insurance stk series. 10c Bid Westchester Fire.....2.50 1594 14.43 16.12 8.87 Equitable Investment Corp (Mass)—. ——5 a:21.42 Bank stock Asked Stuyvesant5 Sun Life Assurance....100 — ... Electrical equipment 15.17 .< for discount at purchase. Dec. 24. Glens Falls Fire.*.......5 Globe A Republic..——5 Chemical.... > 1 —;—! are Treasury Bills- 4.60 Eaton A Howard— — quoted Bid Bank stock.......* Aviation .... Oils-.— stock Fund*.. United States Treasury Bills Rates 294 , 15.39 , — Balanced Fund 10 2.75 4.05 1 ....,..—2.50 Dividend .-'hares;.——25c D •**—•*,* 3.65 14.24 Diversified Trustee Shares C.— — Building supplies. 111 94 Delaware Fund.——1 Total Corporate Merch & Mfrs Fire N Y. .4 Scries K-l- 12.01 Canadian Inv Fund Ltd.. 1 Government Thursday.. Friday...;. Mass Bonding A Ins.. 1294 Merch Fire Assur com...5 Series B-4 3 94 -• Domestic Tuesday— Wednesday 10 Bullock Fund Ltd.**;—-I 2.87 Value) Foreign i Saturday.. Monday- 5 .....5 Maryland Casualty...... 1 Am Fidel & Cas Co com..5 ... Series B-3...... 10 Boston Fund Inc.. ,—5 Broad St Invest Co Inc..5 Basic Industry Shares.. Foreign Shares) Lincoln Fire — Series B-2........ r: 294 394 of Jersey Insurance of N Y.20 Knickerbocker Bonds (Par (Number 19, 1941 Dec. Ins Co of North Amer.. 10 25 American Alliance...... 10 Series K-2 Bankers Nat Investing— 10 Agricultural 2.62 Series B-l. Aviation Capital Inc..*, 1 .'5 Homestead Fire .1 Investors Fund C 7.9" Shares,;a2 Assoc Stand Oil Home.. 10 Keystone Custodian Funds 13 Amer Business Shares.*.-1 10 Aetna. Investm't Co of Amer.. 10 Week Ended 2s;—-.May 16. 1943 Other Issues Call May 16,'42 at 100 lHs Jan. 3, 1944— Call July 3;'42 atiOl... U S Conversion 3s... 1947 Deduct current liabilities. ; \ 2,544,262,602 2,851,753,972 2,460,938,702 1,975,793,983 224,766,580 240,433,124 1 )5,380,836 158,798,791 U SCo, versloi 3s...1946 Panama Canal 3s. /These bonds are subject to all Federal tax., t, — Available cash balance... 2,319,496,022 2,641,318,848 2,265,558,067 1,816,995,192 .1961 ■t Ex-Dlvldend f Includes on Dec. 1, $662,355,972 silver bullion and 81,445,685 minor coln. a Indicated in statement "Stock of Money," , . . , ,, f«t#^^*»«Wr|l?TWr«W MtfOW^W I Tuesday, December 23, 1941 1 ^ FINANCIAL CHRONICLE THE COMMERCIAL & 1628 Xmm 'I X Vj'v W.u ' I"'. ■■■£".• RAILROAD Its employees. i holders ■ i issue ] Aircraft Accessories Corp.—Additional Shares Listed ■'i> Individuals— —Sold Privately To of of shares the individuals $1.50 at approved the listing of 60,000 (par 50 cents) upon official be sold to a private group of share.—V. 154, p. 1257.- X",X;: per Months Ended Sept. 30, T941 and allowances)• —X-> — —-• of Cost (less returns received 678,522 Total gross profit—— | Gross income _X_X-——— libility, well as to addition in :t ■ ' I •, the as allowed ~ —• --—----— appointment to these offices,—V, 154, p. 1100. an 4 . I Amortization of promotion——— taxes~—,X-rix—- ;; an4 State, income {Provision tor Federal ;X, ——. [ 99,283 , Net income M. Secretary.—V. | stock, $1 par. demand, on i(net), $235,776; inventories, $295,995; indebtedness employees,^ $579; property, plant and equipment intangible assets (net)-, $68,412; expenses prepaid or iother assets, $12,508| total, $771,602;- - ' ; "r • receivable of officers and .(net), $53,470; ■, accrued^ $11,759; 154, 'p. 83. /■. i . • i ^ Cogan, " and Edward J. Fitzgerald, Assistant f; " ; 1939 '.'vf'.-'i1' I?* 3 M0S. End. Nov. 30—r X: of goods sold "Cost ; f ,037^X.c\ Other income ! }' "Harvested or In process of, harvesting,^at-cost; and tobacco of prior} ! estimated realiza-} A j under lease and!/X ;v;i season's crops at allocated cost but not in excess of Me values; fTo use tobaecoiconditionihg- machines — 679,960 Other ' deductions (X $19,289 . 9,846 - $36,862 organize—^ ;;X 15,214 The X : 269 $273,543 profit-^ $25,896 • f '39,653 -'42,149 $150,404 $132,074 640 ♦58,653 149,781 - - .' • . A. ^ .... Net deficit activities Dec. Sheet, $603,728 Metal - i t4.. ! 1940 1939 - $18,941,825 $18,687,001 530,472 v 283,702 r;> 316,613 464,749 — stock xxx: : —— (_rX—X_ —-T—,—\ *— •♦At valuation Dec. 31, 1930, less Aluminum Co. of manner same 154, p. before, as as a and its policies and unit of The American f X-% £••'.?! 1941 'U ./"l 1940 i j if/'revenues..——_X__.X____..i $26,978,942 $26,839,638; Operating expenses 9,684,497 h 9,450,571'j ?>Electricity, gas & water purchased for resale:.! v> 2,165,292 , * 2,398,760 12 Mos. End. Gross Co., before had Dec. authorized the payment of a cost of living bonus provision X ■*. Interest Payment— ' ,v ^ 1 ( Since 1940 he has been duties oh National Defense matters. Vice-President.—V. •j taxes ■j Dec. 24.—V. .154, p. Total x. - •. .■ ■ A dividend value like capital amount p.-1490.- 154; v V. "I53rrP= •) ■>; - t f I" .i i X 1 e.;) .!•!• fh, C -. .5 h1 1 ) 316,945j , fiber of will this year * t- 80,000,000 Anglo-Canadian Oil Co., pounds, an increase of nearly directors recently declared 35% } Ltd.-^Dividend No. 2— a, on share, ! x (No. 2) of two cents*1 of record Dec. 4. An initial j May 1, 1941,—V. 153, p. 386. •; j * Arlington Mills, Lawrence, has acquired discount & expense.—4 "231,709 interest—i—:—xx—Yv;.'X 17,317X Amortization of debt ,7 .. on *i»| i /■ •» ^ -v'3» (Parent"' Company 12 Mos, Ended- Sept. Income—Div. on invest, ih wholly =-own. subsid.t!f'" $200,000 on investments in ?whollyuownedrsubs;,_f 3;488,185 on invest, in other &ssqc., cos,—bonds_isXXx{ :;- 65,100 lift, Accounts receivable Other income ,$,3. tv » m ..i. ■ Xt $825,000i 4 ' 3;614,778i x 65,190'*'( ; _XXX—XXXX:xXXXXX/!.XX!XX_- .^••!'"XXX-_i-'X> Dr4,672;':;'r C? ^_xx_.-XXX^^XXXXXXXiX ...... , | X ... ; $3,753,293: $4,500.502\ General' expenses v'-XtfX-xx-iA&i-^itX;Xi;£XXX.xxX^XXfft £-&■ 82,756 x ' -101.268 ^ ■■ Provision for Federal Income iaxes^SX-iixiiXXX ^ %/>■^3,632 -ly 6,655 j.%1 ^ Total income - r-'/19,523^,,-'^ 35,942?^* other- taxes ...... Gross Interest Interest income on SWJS: ... ■v #K'. X-atA, fiXixXX-^^£iXx^^ti^H^C^^47;3&3'^$4.356;636 4 debenfcures.„xiX^-X^-i:.:^^^^i3;379.658-.rp,37Ml6H>' Amortization of debt kxzk*.(1 \ . X lOil" • * x ■ ii<" 1940 .* I x, •: n't. '-$2,087,285j' 'j', '.Only)'/ 231,709! 15,847, H'hh 1 Interest announced that this company William Whitman Co., Inc.—V. 154, x.^ .'..'i.1. ■■■■ Net income disc,feXex^nseXlXvi^XXXX.^ 231,709 Hobbs last week the Acadia Mill from i'V'■■ A *; j. ; 231.709' ;4/ Taxes assumed Mass.—Buys Mill— 536.-t*7 <4-^'■1 3,379,616) .debenturesXlXXx_-XXX_r;Cx^L^4. X 3,379,658 Taxes assumed dividend payable Dec. 20 to holders distribution of four cents was made on per President Franklin W. / Interest totaled approximate $5,756,355^ $5,714,4571 y,'.'-- Associated Electric .Co.—' -1 ; ry./.A*'a* C ;»'$7,533^265}' }. - \t ^ J r ■, fiber by this corporation in the first .11 j 72,864,000 pounds and exceeded by 23% \ the company's total output plus imports from Great Britain in 1940, 5 which amounted to 59,373,000 pounds, it was reported on Dec. 17. f It is estimated that the company's total 1941 production of staple; : of 25 cents per share has 680^*> «".m« ....$7^451,517 - (net)■£^iXX^Xx.'XxJiwXu<;X£.i>>X- 300,220 <:hi{ income other Production of rayon staple months The: v-,- been declared on the *no par stock, payable Jan. 2 to holders of record Dec. 15. * A distributed on Aug. 30, last, and on Dec. 26, 1940.— taxes , Assistant f j American Viscose Corp.—Production Higher— . . | was fixed capital^XXXXX' 2,789,387- f ,2,585,937;?'; ! " x r> ^4rXlX_r_X„—1,099,729-1 854,057, V ———_„:X_:'nX__I X,1,964,146 2,175,674';';' X declared vdlue exc;^prdfitt'^t*""^' 1 | over last year's production and imports, according to the announce-s ; ment. The increase in output is attributable chiefly to the fact that"; ) the company's new plant at Front Royal, Va„ has been expanding its ; production steadily.during the.current year.—V. 154, p. 1373.*;. ' 1257..,. ,,/' X. | Amalgamated. Electric Corp., Ltd.—25-Cent Dividend ———_X^iX_-'1.824,373 ^1,841,374*. retirement of Operating income , close of business for _r--X--X>-_XXXXX---X ' x < 29 six months' interest on & '-Alton RR. \v; " . a. 1941, to holders of coupon ibonds upon presentation and surrender of coupons due April 1, 1939. accompanied by appropriate ownership certificates at the office of Baltimore & Ohio RR., 2 Wall St.,"New York City. ... . , i Checks for interest-accrued to April 1, 1939, on registered bonds iwill be mailed on Dec. 29 to holders of such bonds of record at the Maintenance' 24, J. Company has determined to pay on Dec. the~Tefunding mortgage bonds of Chicago Such payment will be made on Dec. 29, Sept. 30— operating Prov. for Fed." inc. & American Telephone & Telegraph Co.—Vice-President Carroll, O. Bickelhaupt has been elected Vice-President, with special t | company Alton RR.—To Make j . realizations to date.—V. 151, p. 538; America—Vacation Policy— '■ Electric Co. -(A Subs.) r—Eamings-- {j ■ x $ 'Associated 1528. • V j I . give two weeks' j to increase the f number of employees eligible for a one-week vacation.—V. 154, p. 1373.X The terms set' < has liberalized its vacation policy to vacation to employees with five years of service; and i the -Gross income ——---XI^X^XX-XXXXX - $7;751,738 $7,850,210; *"•; -2 1941, to those employees who were members r Income Deductions of Subsidiary cos.-r^:,:''^;;| ' '.ff",/, *XX'x \ regular staff of the companies on Dec. 15, 1941, and who were ; Interest on long-term debtXLXXi.XXXlXil: " 1,707,895; 1,730,644,",,;.v? receiving salaries not exceeding $10,000 per annum. The bonus will Amortization of debt disc. exp.y, less prem, 170,604 170,591: ' ' be at the rate of 6% on the first $2,500 of annual salary or part Taxes assumed on intere$|fxix_—'35,635 40,7521 "X ,: thereof, and 4% on the next $2,500 of annual salary or part thereof, = Other interest chargesxyi-f^^-»,.Xv^4'^-4iH..''.' 118,237 186.402!X/V. , | on the basis of the annual rate of salary in effect Dec. 15, 1941, and Interest charged to construction.ixX!__:J?_Y.XXUXCr631809 X "*Crll,479f. t adjusted proportionately for those employed during the year ended on ! v. Miscellaneous income ded»cUonsX!XXT'X»XiXXi,>j-X 26,821-..'>;^' 18,843i X ;y that date; 99% of the companies' employees will participate in this ; distribution.—V. 154, p. 1189. ; v Balance '; .^...iX-— $27,424,679 $26,389,756 Total adjustments a', waiver of* the above-mentioned1^:fortfii iri'. the nTari.' and." thereafter; ttiol XX" other direct the affairs of the company Ltd.—V. Lafrentz, President, announced on Dec. 17 that the board of of this company and the directors of its affiliate, New York - Casualty on or i-of the $500,000 1,751,959 2,720,618 F. I 10,308,500 ' 701,384 1,615,143 4,638,825 1,697,212 2,721,143 948,228 1,833,574 5,154,250 A. trustees 4,207,550 4,207,550 10,308,500 1257. 1 5,751,863 $500,000 :—— —_— Depreciation reserve Capital surplus — Such plan contem-j*'K !! presented to holders of the company's securities. plates among moratorium on Other $27,424,679 $26,389,756 income debenture stock or bonds Creditors and credit balances — Accrued rental and interest thereon.—__vX— Accrued interest on first mortgage deb. Stock— | respect American Surety Co.—Cost-of-Living Bonus— 228,764 512,337 6,179,681 First mortgage i accordingly ' dividend of 20 cents per share 18payable Dec. 30 to holders Dec. 18. °" Dec. 15, On 15. distribution of $1 per share was made, as compared with 75 irters. V. 154, p. per share in each of the three preceding quarters x'vr, -X. t cents 666,018 def[cit———X—• Liabilities— stock under ; < a 410,294 "; Common to the in Co., the capital stock, | last, 370,574 470,543 j Total —.XX^-------—X—-----------Prfeference Of The directors have declared an extra j ) on • y_-.__XX-'———X—— and loss the)^' payments provided for in such constitutional moratorium!*1*1 such schedule no interest would be payable on the* ! debentures and notes durihg 1941 or on Jan. 1( 1942..' The directors' ^ American Meter Co.—To Pay Extra Dividend— I 31 Property and investment in affiliated companies (♦Land grant lands.—— Materials and supplies..——_—Debtors and debit balances...— —- Profit 515,425 $631,100 I $635,257 $427,817 Assets Investments June>4,-1940,t of that and . Balance i jiic &uilcvwi a and hotd? except in tfcccordance with the debentures on schedule .•.X.o.,:;cU-2~.X:x'j Co., Ltd.—Acquisition American Metal •- will continue — 1933. ♦For < the Cuban Constitutions-adopted 195,964 515,425 515.425 * 515,425 bonds—; r submitted-^ta,^the'^didectors mi opinion qlX vuunui^ an CubanL:)! ^advising that the Second Transitory Provi¬ company Fourth of Title 53,671 x: 6i,i6i 68,650 —- ' ; >'-• -i i 57,540 stock (or) to determined that no payment should be made on or with' " > \ to the Jan. 1, 1942»'interest - coupon, unless and until the} mortorium. has been waived. by-,-^the stockholders.^-;^/, v 'X"l- J-ii' At its meeting the directors considered and approved a plan ofhi ? X .;r^;.•»>,x,{;■ reorganization for the company which it is> expected will shortly ; Bert mtge. and ^i '/M] was Duumivtcu- uccxi i/iictx sion fi^W' 149,781 V. years 5% ascertained, determined" andl^i earnings available)*# amount •Of^tHtr1 cohsolidated net such for there has" been for the " (A. C. Terminal) accrued on un¬ on i 8£pt.f aXtf ] Consolidated net current asstft^.-iyjX; $2,508,806.-32;'/'and were the Counsel ♦40.777 149,781 f !$ Star Insurance Co., Ltd.r;Will go with The American Insurance CO. { Newark in an executive capacity as of Jan. 1.—VM53; p4':-385.4 $165,201 3,520 expenses- debenture 4 that; the-eon-Lyf ' ' $392,843.5S;V which %ourd Mef-tf 2 sufficient to pay 5% int^^^fon;the otitstanding" debentures'and thath^•■'iT; for such fiscal vear there were nd'consolidated net earnings ftvallftblel- -'t such fiscal year there were ri<Tconsolidated net earnings avail^bley ior sinking fund or for interest Oh' the; 20-year'i6^ nates. " However.pt;" interest American Insurance Co. Newark, NJ.-*New Executive J A. Jochen, Assistant.-United ^States Manager :Xof ! the Eagle | ; : 37,219 Interest int. date that interest for 'f 1 total, $127,982 - w z. v inc. such of as • X ■'■»• of the company tor the; fiscal year ended net earnings declared $29,000; reserve for current years Income tax, $10,978; capital stock ($1 par), $231,400; earned surplus, $288,615; capital surplus, $410,000; f $1,135,589.—V. 154, p. 1528.^ - V'.:';.'-:; 'X;/ X Vr. " ;■ j 1,867X284 $89,925 / $108,332 42,072 X ; $306,039 income iXXX^-^. paid rental 'A •: ascertained/ and determined Dec. on 30, 1941, were $370,952.49 and "that.th<' 429 8,178 - X ' directors solidated $34,503 10,978 X X-—X-X-—--X-X-- taxes income ^ Antilla Sugar $27,016 »Xi^XwX-X--.Jl.xt—_J- ' ' ' 1940 514,960 ; Total income _X_—X— - ' $5,511,347}' $5,476^318 ' Total $699,249 $541,977 profit Operating y '1941 X allowances & discounts Gross sales less returns, $2,034,919 79,128 40,157 40,090 //XXl 32,497' Acer. I 23,875] " : 2,884,(K)0'^2,884,OOOl^f^ contingencies'^'inaurnnCeXxXXiXXX/jv^X 26,275 for '1937 1938 ; 87,555 ■ 103,459 20.807 __r_x_Xr_^_«,^.; • Rent . 67,664' American Forging & Socket Co.—Earnings— r;. $25,615 1940 Calendar Years— for prior : . $97,019; X— 85,454 ; _ . Federal lOross rev'ehue UC-lZh ^$2,697,352 $1,966,557 $1,737,310 ' 2,299,544 \\ 1,730,579 X 1,528,100 Jtaiiway working exps.Steamship working exp. General management Deprec. $5,476,318'^5,511,347i"T^J i.)-: ■>; 61,148 ; Hudson Bay Ry.—Earnings— Algoma Central & Miscellaneous ^ 8,500!' n ta3^8-ri^li-fc'4*>V;:,;.^47,726 .X-'-X-—±;XX--X-— i 2,166,286 - 2,400 ' — Reserve | ; Net income ♦Selling administrative and gen. expenses, including depreciation. = . declared an extra dividend of-25 cents per share Balance "Sheet Dec. 1, 1941 '*** dividend of 25 cents per share on the common ietock, both payable Jan. 15 to holders of record Dec. 31. Like amounts f1:Assets—Cash, $154,073; receivables (net), i $172,297; inventories,./X iwere paid lit each of the seven preceding quarters.—V. 154, p.- 794. $256,743; other assets, $7,526; permanent assets (net), $523,850; pat ents, $1.00; deferred charges, $21,098; total, $1,135,589. Gross 9,910^c, 2,068,908 —! "":y,7 payable V,* $60,492 Accrued payrolls, taxes & expenses--_Xi.^.—-X'^"-«-84,362 Provision for Federal Income^tax^i'X!XXiiXxxXXxy X'f: «. 74,206 regular quarterly Net operating properties 237.165X V ►" 36,538 ' — ^ (netT-^iXX-Xv1- Accounts directors have Taxes and v July,' •r; Liabilities— . \ *»«v' other & license Total ' | Assistant Treasurer; Vincent Cents—■???'■&j*: a ui——.... — 258,707 40,282 'a ; Prepaid insurance premiums & , j-/. AlrReductioiiCbS;'Kic^l^ The of tCost Hardy, Charles J. . Liabilities—Note and & cattle assets ^Plantations President, announces receipt by this company of j : order from the Elgin Joliet & Eastern Ry., for 500 fifty-ton 48 feet 5-tnnU li—uf „11 -lwl V ~lxA' ~n 6 inch .light .weight all-steel drop-end gondola cars.-r-r-V, 154, p. 1373, . y i'ij,. :5 —-.-w payable—bank, $30,000; accounts payable (trade), 489,124; accounts due others, $8,998; customers'- deposits, $12,299; accrued payroll, $18,117; accrued taxes, $23,895; accrued insurance, 42,397; accrued interest, $553; other accrued liabilities, $3,250; reserve for est. Federal and State, income taxes, $104,351; common stock ($1 par)-, $373,066; vcapital surplus, $1,749; earned surplus, $103,803; •total, $771,602.—V.153> .p. 842; V. 151, p. 3078, - ^ . I ; additional American Car & Foundry Co.—New Order— • j ,.V Balance Sheet, Sept. 30, 1941 $93,101; notes and accounts ; , Assets—Cash ( t ^ ,097' '7.': ; 373,066 shares of common "On Assistant. Secretary, Cunniff, supplies warehouse Sundry J James i.B. elided July „—$o.i6 ^Earnings per share ' -X—J amounted to $67,372, $65,954 31, 1941, July 31, 1940 and depreciation for years ' ..$61,617. X—— Vice-President; Rothchild, V. Kennon Assistant Vice-President; H. S. Sherloh Jr., h ! 14,600 irespectivela^. & Hogs - corporation announces, the election of the following The . officers: the for 1939, Farm and Treasurer pending ! execute the powers of Secretary duties and the 375 4,072 —Xv;;';X-X ai,654j '1 A snn cm .. | x Mr. Washburn will perform ^ Reynolds W. Washburn as Comptroller. | Other deductions 7 ~:The corporation has announced the resignation of Carl C. Francis as Secretary and Treasurer, effective Dec. 31, and of the election of » —— personal comprehensive gross income-. ————^-y--——$166,270 :interest--^-W-^_+-yj-JX;XiX'XX^X-ivwiiuy--X---fcC?;--i:i-.:::";--.;',';l863;. k ' American Business Credit Corp.—New Officers— (Sales- diseount cc .» »; ^65,500. . T """"y; , • Comparative Consolidated Balance Sheet—July 31** | X Assets— .■ \ i ■1 ■<.."•,i >" * ■ 1941 * */'* *•* 1940 $1,308,168 ( Cash in banks & on hah41'5Xll-iiX—X_-_-br_; $1,444,977 Notes & accounts receivable'(less reserve)!— 312,359 V 408,431 ■* 1,299,958 ♦Current season's crops ^1,275,2010 31, workmen's compensation.—V. 140, . .: ■ -• :-y; ;6<_y the Total Other Note—Provision $77,251 American Bosch Corp.—Sec.-Treas. Resigns— ;; 7,645 — *$198,44lj . rtnn no w -15,787|-iy-:.| 11,399 igt • $381,826 ^ $316,326 y, ♦$294,696;. Dividends paid ^.192,351 - -192,351 ^y-192,35U Earnings per share——97VV>—$1.64 Nil brokers and policyholders In ! the company's agents, teams . 10,905 —w—$15^,938- — income *_X— Other x—_—: depreciation— 18 observed its 30th anniversary with an j fLoss on buildings___iU-t-r—-i-72,000 shortly after the first of the year it will ? provision for Federal income ; tax_to write general liability * r ••».< V-'.C '' -X4 . :x; =XXiX: profit for the year-„^_Ui|^^i;$186,199 . 8,859 X • for and liability form, p. 1299. \ 5,112 13,422 Provision { 39,531 $258,199 line new elevator 143,519 repairs———— and Maintenance 146,129 i Profit -•■■I'-'hiX-X of policies will include owners, landlords and tenants; manufacturers- and contractors; products, contractual, protective, The $348,399 Selling, general and administrative expenses——— Provision for doubtful accounts—-— 163,151 expensesL-i. * .. " \— ——— offices, and serve their territories. 47,416 ; _ ' ,1,955,922 138,475 1,884,389, 21,f .,$979,505 ~ ,i $1,816,290 ' I The company is a large insurer in writing automobile insurance -exclusively. Together with the American Automobile Fire Insurance- V,' ■^Deficit or loss, tin Connecticut &nd Massachusetts destructioh'of' Co., an affiliate, it is licensed in 45 States and six Canadian proand repairs to buildings "paftly damaged by! hurricane on Sept. evinces. The company's operations in the United States are carried j 1938.' V"' ■' y on through 19 branch offices, which function as service not production $300,983 X servicing— profit from trading and Commissions { sold—- goods Gross Dec. announcement that ;v► M939. "1940 1,890,282 sales Profit it nationwide organization and workmen's compensation lines, v , Earnings for Seven sales on company completed have Supply Corpx—Earnings- Airplane Manufacturing & Gross This official (& Subs,)—Earnings 1941V ——Lxxil-XX/ $2,247,425$2,489,501 - f .Other income American Automobile Insurance Co., St. Louis, Mo.- S stock common These shares are to issuance. of Cost .'J. also paid.—V. sales Sell., admin., & gen'l. X." ' 1, 1938, when 75 the first payment since Jan. 154, p. 145. - ?. 1, last, Oct. was I Years Ended July 31— Net the preferred stock, payable Dec. 29 to A similar distribution was made on this 22. Dec. MISCELLANEOUS - American Sumatra Tobacco Corp. it on To Write New Lines— has Exchange Curb York New The additional notice xxx; record of on scents accumulations of account 154, p. 1488. week's extra pay.—V. received one INSURANCE • dividend of 75 cents pei1 share on The directors have declared a ] $225,000 as a Christmas bonus to pay was equal to two weeks' wages to those more. Workers hired since July 2, 1941, The extra months or six INDUSTRIAL • Amalgamated Leather Cos.—75-Cent Dividend- *y Employees—<• J Acme Steel Co.—Bonus To | The company last week distributed employed PUBLIC UTILITY - , ...... - v :i rtf. -\ +■) .'( -t;»a1 *.'i ■{. '! r- ... fNoterr-No iprovision.-has heen.- con^ideced: <,.#1n «QOX: $18,698 *t<>q a $729,4b4 - v. >. 1 jiecessaxyv..for" excess vP?of.its.vr..;.| <»; 1' .)( ) li; ,1 e.; K t. i { i: THE COMMERCIAL & FINANCIAL CHRONICLE ..'V"'7. tions "V j.tax, under the Excess Profits Tax ; Ac<f* of -lOfl&'for the periods covered 7 by this statement. The companies in this' $roup have.* Joined with .others in a consolidated, .return for the^ year 1940, which indi>\ -cated ho tax liability, Although the companies may elect either to file fthe. affiliated liability of the companies in this group; in the event that 'separate* returns" are filed for the Tear 1941. . L;y;r—v.; 154, P. 1374..7,7 7 :)■ y" f •;; ■ Benson And Hedges—Earnings—.; Income Statement, JanM to Sept. 30, '• '* 1941 % ■Expenses.' Provision for 50,000 . Earned surplus, Jan. 1, 1941— 262,635 Adjustment, excess profits tax, 1940 income—— ; 17,517 Earned surplus, Sept. 30, 1941— — $397,035 —— vi'■•./;Balance Sheet, Sept. 30, 1941 Assets— ;;': Cash on hand •: ■').;; and in banks V V";;.' ■ ■ Atchison Topeka & Santa Fe Ry.—Passenger Traffic— - travel Passenger Increase the over luxe de this on road month same November through in showed ——1- .,v — reservations Advance 1940. and California trains through December Arizona indication that a like period every these on and January two notes receivable, trade Inventories1 :v-—-—'— Investments In other companies, (net)-—_i——— Total $146,765 ;129,487 "605,957 \1'; 1 - (depreciated cost value)—: Goodwill, leaseholds, etc.__ Prepaid insurance, expenses and advances—: . i; at cost less reserve- Fixed assets ■ 9,391 $957,333 — , Affirmed— .7 7 payable, trade creditors Securities The Dec. 8 Wilmington, White had that certified a the been appeal.—V. Circuit conviction public A sentence two of iya of Medford charges on stock common corporations the Department of Appeals for the H. White, of and Court of accountant, Class of a and 152, p. Commission the the sale given individuals other Exchange affirmed with connection not and reported Circuit Second years' also were of fraud of this in company. imprisonment. Pour convicted, but did 113. Federal income taxes, 1941 Capital stock, paid-in value Earned surplus D. Jr., i by Budd 50,000 "424,028 —_ 18,000 shares (no par) preferred $2 par) 1490. , Wheel Co.—Repays Bank Loan— The company recently paid off the $1,500,000 loan which it obtained Detroit banks last July for the purpose of purchasing real estate equipment previously leased from the Budd Realty Corp., to com¬ plete funds to redeem its preferred stock and for additional working capital. The loan was paid off out of profits and working capital and and the company free of debts of any kind and owning all of properties free and clear of any encumbrances.—V. 154, p. 1490. Bulolo Gold Dredging, Ltd.—Production, Etc.— H. Garis, President, announced the sale of the controlling shares of common stock of this company to Vick Chem¬ ical Co. ■ -7:'"77/7 ■ /•>:"7"77": 7;'77"1 '• 7 Mr. Garis said the stockholders received $22.50 a share, as compared to an over-the-counter price of $16 a share as of Sept. 25, and a book Value of $12 on Oct. 31. The Vick company will continue to purchase the Baker stock, providing it had received 75% by Dec. 29, Dec. on 18 its ; The company reports November production at 12,873 ounces fine gold, compared with 15,163 ounces in October and 13,308 ounces in Novem¬ ber, 1940. r,.;',i;-•x-'-W ;r it 425. p. ■ stock common /v';,;.":. : - . . of shares 100,000 7 were 77. outstanding.—V. The The Years End. Sept. & sug. oth. from Rev. 30— sirup 1941 $1,672,989 231,936 sources 1940 $1,665,220 250,648. 1 939 $1,622,529 119,657 Miscei. int. Int. accr. paid / 1938 $1,716,780 . 251,224 6,104 1,323,504 Cr23,021 6,165 164,328 .39,267 Crl8,435 Cr22,617 46,983 V 7 7, 6,400 $1,968,004 1,500,783 14,004 4,540 , . 15-year ..partic. Income debs._ • inc. notes 203,796 r 38,763 .,10-yr. received Interest 1,359,414 44,233 7 accr. or on $1,742,186 1,267,926 charges Cur. $1,915,868 $1,904,925 revenue Operating expenses . Cr20,890 : . . - - 164,328 Cuban The V. - plant 144,789 162,661 188,496 $55,764 153, ' '*• ' '■ . 1941 <■' 364,858 210~099 309,996 119,474 Supplies in commercial store, at cost Due from affiliated companies— 9,369 543,894 hand Advances est. net sales value- — Expenses—crops Advs. to planters for cane Janas. plantings, less res. cane, less amortization in affiliated companies •Plants, railroads, buildings & equipment held Stocks 798,152 387 10,052 $4,823,865 $4,764,467 ; $47,975 $30,915 35,111 25,857 106,822 174,109 51,794 28,685 Deferred charges Total Liabilities— Accounts payable & accrued expenses — ship, expenses of sugar & molasses— 15-yr. partic. inc. deb. coupons — Prov. for Unpres. Prov. for Cuban inc.- and int. taxes——— Accrued Due int. on funded indebt. —.—! companies——— principal amount-— affiliated to tExcess of Funded indebtedness — ———————— *V:' '/ '7: between New York and Montreal has been operated by companies, with similar names almost from its inception in 1927. The Civil Aeronautics, Board recently ordered the change. Taking over the Canadian company's operation will bring the total flights operated by Canadian Colonial Airways, Inc., between New York, Albany, Burlington and Montreal, to eight, which will rep¬ resent an increase of 428,358 seat miles per year.—V. 154, p. 331. 125,961 t 14,445 3,580,111 49,717 186,696 ' year-end dividend of 15 cents per share has bzeen declared on the stock, compares payable Dec. 30 to holders of record Dec. 22. This with 2'/2 cents per share paid on April 1, July 1 and Oct. 1, last; 10 cents extra and a quarterly of 2(6 cents on Dec. 30, 2l/2 cents in each of the three preceding quarters. Total payments as in 1941 will amount 1940—V. 154, p. 746. in 22V2 to cents per .V' S (J. W.) Commonwealth the extra of 20 cents per share and both payable Dec. 30 to holders of record amounting to 25 cents per share, was paid p. Dec. the on 23. regular quarterly Dec. - The last extra, 20, 1939.—V. 149, 3867. (J. I.) Case Co.—To Pay Bonus— ————$4,823,865 $4,764,467 •After reserve for depreciation of $1,354,375 in 1941 and $1,236,594 In 1940. tOver cost of company's 15-year participating income deben-f — company will pay a bonus of $600,000 to its employees, pay¬ ments ranging from 3% to 6% of wages and salaries to Oct. 31, 1941, depending on length of service.—V. 154, p. 1261. Bourne , The , Mills-jPays $1 Dividend company on Dec. holders of recprd Dec. 12. last, 19 paid a dividend of $1 per share to stock¬ A similar distribution was made on Sept. 27, .50 per share, Oper¬ 77V — Sells Ice and Cold advises us companies: 3, to 1941, 150, local p. 4123. . Frosted Foods Co., Doylestown, States Power & Light Corp.—To 7 T Liquidate Corp., Central States Production Corp. from the system. requested was in Corp. view and Utilities ,''77"" of the filing Oil Production President of Bank, has been elected 154, p. 1592. a the New Haven (Conn.) Savings director, to sucoeed the late E. Kent Hub¬ ' ' Dec. - 17 declared ■ a Continental Gas & Electric Corp.- ; -To Acquire Trac- tion Bonds— Central Vermont Ry., Inc.—New Director— bard.—V. on of ' George S. Stevenson, directors year-end extra dividend of five share and the regular semi-annual dividend of 10 cents per the $1 par value participating first preferred stock, both payable Jan. 15 to holders of record Dec. 31. 1 ■; V 7 -7 This company distributes "Snowbird" Frosted Fresh Foods. .. cents per share on 77'7"''.\ a subsequent plan which contemplates the liquidation of Central Power & Light Corp. rather than its reorganization.—V. 153, p. 983. 7.7";7!7':^1 Withdrawal The \ Pa.— ' } . Requests by interested persons for a hearing on the declaration and application (File 70-454) regarding the proposed purchase by cor¬ poration of $544,000 of 5% first mortgage bonds .of the Lincoln Traction Co., a subsidiary, from Iowa-Nebraska Light and Power Co. for $275,000 in cash, may be made in writing to the SEC not later than Dec. 19. Any such request should be addressed to the Secretary of the Commission and should state the reason for the request and the'nature of the interest. 7 to the declaration and application the parent company acquire the bonds in order that it may own all of the securities of Lincoln Traction Co., which will facilitate the contemplated disposition of its interest in the subsidiary when a suitable purchaser either for the properties or the securities of the subsidiary can be found. The proposed acquisition is part of a general program to simplify the capital structure of the Continental Gas & Electric Corp. holdingcompany. system, it is stated.—V. 154, p. 956. ' • 7 According desires " Chemical Fund, Inc.—15-Cent Dividend— to outstanding The directors on Dec. 17 declared a dividend of 15 cents per share, payable Jan. 15 to stockholders of record Dec. 31. This compares with eight cents per share paid on July 15 and on Oct. J5 last; seven cents on March 29, last; 14 cents on Jan. 15, 1941; eight cents on Oct. 15, 1940; seven cents on July 15, 1940; eight cents on March 27, 1940, and 13 cents on Jan. 15, 1940—V. 154, p. 747. • > . compared .with 60 cents on.May. 1 and Aug. 1, last, and on'Feb. 1, .lastl rFaynients in"1941 will total $3.70 against $1.10 In 1940.—V. 154, p. 538. cents as as Utilities Corp. following Community The SEC has consented to the withdrawal of a plan of reorganiza¬ tion (File 54-30) providing for the simplification of the Ogden Corp. holding company system through the reorganization of Central States Power & Light Corp. and the elimination of Central States Utilities . acquired and held in treasury.—V. 154, p. 1374. Week Schedule— Extra Dividend— Central Rather Than Reorganize— ' tures corporation the business.—V. The ' Total 7.-.. that it has disposed of its investments 7 ■■ ■ '77, ■ interests (Louisville, Ky.)—Merchants Ice & Cold Storage Co. and Crystal Ice Co. Dec. 9, 1941, to the City Ice & Fuel Co.—Arizona Ice & Cold Storage Co., Crystal Ice & Cold Storage Co., Galveston Ice & Cold Storage Co., National Ice & Service Co., New State Ice Co. and Springfield Ice & Refrigerating Co. With the disposal of the investments in the foregoing companies, the corporation no longer has an interest in the ice and cold storage in Carter Co.—20-Cent Extra Dividend— dividend dividend of 15 cents per shaie have been declared on the common stock, 5,000 572,176 :, Storage Business— - • 708,474 1940, and distribu¬ 7 ; ;7.;.//y was Dec. An ; 5,000 . 27, 1939, and on Dec. 21, 1936.— 1940, and share, 205,575 3,633~9ll : 242. $2 on Dec. 21, . Carriers & General Corp.—15-Cent Dividend— ' Capital stock (par $5)™—!——— Earned surplus ; v'v'V route two 404 68,370 1,817,940 28,368 1,752,385 798,152 ; — 2,630 159,807 > 133,981 295 — etc. Lands, 13,079 3,651 — operated ■ 7, .The 497,853 32,115 125,429 17,868 & growing Planted 5,115 34,912 179,770 — stock Supplies in warehouse & in transit Prepaid expenses v non-stop are - 36,634 : . Dec. on 17. The unsold, at est. realizable value to planters on receivable Sirup & molasses sold, at Sugar Live 1270. p. 1940 $709,243 ' '■ ' $264,330 40,498 499,223 in banks and Cash Accounts p. made at the new, modern Somerville, N. J., plant of the com¬ started last week, officials of the company announced 7,"V7'7' ; 7 7;;* "7::: ,7 ;7 7" ..,7;. 7':;; ' •• 7' Transferring operations to a larger plant was necessitated, officials said, by a mounting backlog of orders. Columbia Aircraft supplies vital precision aircraft engine parts and aviation equipment to leading aircraft companies engaged in' working on national defense orders. < Among the company's principal customers are Glenn L. Martin Co., Wright Aeronautical Corp., Air Associates, Curtiss-Wright Corp. ' ; Additional machinery, has been moved into the Somerville plant. Turret lathes, drills, boring machines, plastic presses, machines for anodizing, die chromating, heat treatment, electric inspection of alloyed steel and other, tools essential for the highly skilled work Columbia performs have been installed and are in operation. Commenting upon the new plant, Arthur W. Brooksbank, Sr., Presi¬ dent of the company, said: 7/ 7;,77 ;7 7.;. -77 7 "This new and larger plant will enable Columbia to ekpand the part it is playing in the national defense program. Such essential parts as Columbia makes are vital to airplane production. By pro¬ ducing parts for major aircraft manufacturers Columbia is making a substantial contribution to the defense of our country. It is a con¬ tribution which we expect to increase rapidly." 7'7:7'7 -v " 7'- .-77 Mr. Brooksbank said the opening of the Somerville plant would enable the company to greatly expand its present output. At the request of its custumers and the War Department, he said, the com¬ pany was making immediate plans to change over from a 5-day, 2-shift, to a 24-hour, 3-shift, 7-day work week.—V. 154, p. 1491. Dec. a dividend of 15 cents per share on the stock, payable Jan. 26 to holders of record Dec. 30. This with 10 cents paid on Aug. 28, 1941, and on Aug. 15, 1940.— present same 30 7 ; 77777:;.7 Dec, 17 declared a dividend of $2 per share on. the to holders of record Dec. 18. This corar $1 paid on Sept. 26, last; ation—To Operate Seven-Day flights between New York and Montreal which by Canadian Colonial Airways, Ltd., a Can¬ adian company, will be taken over by Canadian Colonial Airways, Inc., an American company on Dec. 23, according to President Sigmund $60,485 Consolidated Balance Sheet Sept. Assets •' 15,000 $142,648 7 $141,940 — . • — Income Net on stock, payable Dec. 27 154, pany Canadian Colonial Airways, Inc.—Expansion— A 36,136 7 Columbia Aircraft Products, Inc.—New Plant In directors have declared common common Drl,972 28,800 89,663 135,065 taxes- Cuban of Deprec. •• Crl,972 currency for . 1164. ";7.77 154, p. directors compares 164,328 38,879 Crl8,510 39,267 Corp.—V. Production Adj. for unreal, disc, on Prov. V. Callite Tungsten Corp.—15-Cent Dividend— the Total directors pares with have declared a dividend of 37V2 cents per share on stock, payable Feb. 16 to holders of record Jan. 31. A like amount was paid on this issue on Nov. 15, last, as compared with 25 cents in previous quaiters.—V. 154, p. 242. at • Rev. from Utilties Coca-Cola Bottling Co. of N. Y., Inc.—$2 Dividend— . common The .two 77, /'7' Baragua Sugar Estates (& Subs.)—Earnings— - Commonwealth capital California Packing Corp.—37 Vz-Cent Dividend— 154, •/;•./; O;,.-; 77::7;/. 7 1 City Ice & Fuel Co.—Acquisition— See working profit for November totaled 8,102 fine ounces of gold, equivalent to $283,570, compared with estimated profit for October of 9,589 ounces of fine gold equivalent to $335,615, and in November a year ago the working profit was 6,538 ounces, $228,830. —V. 154, p. 1591. announced. was About Dec. on Estimated - r > 12 said in part;. hundreds and by Dec. 15th delivery of specially designed trucks and other vehicles for the U. S. Army will have exceeded 75,000 units. 7 47 Another of the corporation's major defense activities—the mass production of Bofors anti-aircraft cannons—is now getting well along. These weapons are being made for both the U. S. Army and the U. S. Navy. 77:y'' 77,■'"77''"y ' ;7,7 ■■7/V:'"■; Although we set aside 400,000 square feet of floor space in 11 of our Plymouth, Dodge, DeSoto, Chrysler, and Airtemp plants in Michi¬ gan, Indiana and Ohio, we had to construct two entirely new gun parts factories comprising 200,000 more square feet of floor space in order to handle the various production and assembly operations in¬ volved in making these important defense weapons. Thus, while final assembly will take place In our Lynch Road plant, built by the Podge> Brothers in the last war for defense manufacturing, almost every major plant in the corporation; will make parts and sub-assemblies. —V. 154, p. 905. :7"''7/'7 77/- : v from of New J. T. Baker Chemical Co.—Control— Herbert . Anti-Aircraft Guns Tank production has now reached many $957,333 — cumulative common stock.—V. 154, p. (no An announcement ,to the stockholders : 397,035 — — "Represented 30,000 >r , - : stock and 42,000 shares the - the tions of 50 cents each York has been elected a director to succeed Fred. C. Kock of Wichita, Kansas.—V. 154, p. 1412. Neelands, . . that so Chrysler Corp.—Now Producing for the U. S. Army and Navy— 18,795 1940 inc. (estimated)—— Total v 16,714 Beech Aircraft Corp.—New Director— Thomas 77 u found not been ' ' Justice had $20,760 —: 7V-/V77 . Commission. Commission , Accounts Accrued expenses and taxes.— Balance Federal income and excess profits taxes, Federal excess profits tax, 1941 (estimated)— leaves Service, Inc.- -Promoter's Sentence Bankers Industrial * 7 : public trading activity and public disr inadequate as to warrant termination; but character of trading had been unsatisfactory with the 100 share unit of; trading required by the Curb Exchange. Th§ Commission concluded that if the Curb Exchange would reduce the unit to 25 shares or less for round-lot trading, the hearings would be reconvened after six months to hear evidence as to exchange trading in the stock during such period, and a final disposition of the case would then be made. The Curb Exchange recently notified the Commission that it had reduced the unit of trading in the Chicago Rivet stock as suggested.—V. 154, p. 1529. • ' 7 7, ' that 1 . the The 65,731 —— lots. tribution ■•Liabilities— 35% a months will also show an in¬ crease over a year ago, the company states.—V. 154, p. 1590. 7 77,'.,7 7, 7 7 7. '■•.•7'7'77v7 77.7.: "77. 77,7.77 give Accounts and fore '1 . stock Curb The company had applied to the Commission for ah order terminat¬ unlisted trading privileges in its stocks which had been traded on the New York Curb Exchange, on an unlisted basis, since 1930. In its application the company claimed that such trading should be terminated, .stating that public trading activity on the exchange .and public distribution in the vicinity of the exchange were inadequate and that the character of exchange trading had been unsatisfactory. The Curb Exchange opposed the application at ythe hearings held be¬ : York Collection District in New York, City .in the amount of $8,957,121. :: The; liabilities were represented by. jeopardy assessments and other >.' deficiencies in tax later; determined against Hopson and his affiliated *V" organizations for the years 1915 to and including 1940; and by ah : unpaid balance.of ,$5,700,000, plus interest, due from the System under l v! " a compromise agreement entered-into on July 5, 1939 (covering the ■;*■ V: taxable; years 1927;;to -and Induding '1933)., 7 7"> *7!v777 Reorganization-proceedings -under Chapter X df the Bankruptcy Act involving the System have \beeri pending before Judge Vincent L. i Lcibell in the U. J3,. District Court for the Southern District of New 77 York since the early, part of 1940.. in January, 1941, Stanley Clarke, trustee of the Associated Gas Je Electric..Co., obtained a temporary restraining order. forbidding further .disposition of property belonging to the Hopson interests, including enforcement df collecting taxes due ,• by -the I ■> i Hopson /interests.^. Under-the - settlement this restraining order •was set-aside with itfejudice; and in addition 78 cases pending before the United States Board'* of Tax Appeals involving tax liabilities of the Hopson interests were closed. 1 • • 7" 77'' ■* >77.7, "•77» i The sum of *8,619,337 was paid in Cash at the closing Dec. 18, the "balance ($2,337,784) having been previously paid by the taxpayers. -.'7 amount of the settlement agrjied upon was determined after I f*';: -The numerous lengthy conferences between representatives of the propo¬ nents, and representatives of the TreasuryDepartment and the Depart¬ 77'r ment of Justice and was considered a fair settlement on an amicable .'basis of the controversies.for the years in question.—V. 154, p. 1590. York ing $116,883 profit Securities common 25 :share 30,000 . Net \.y and Exchange Commission announced Dec. 16 that of company would continue to be traded on the Exchange on an unlisted basis for a trial period Of six months, with the unit of trading reduced from 100 share lots to ' . companies organized by Hopson' were compromised and settled in (estimated)-—-^——, (estimated)-— profits taxes excess The the New $196,883 .Net .profit i._——————— Provision for Federal income taxes ■ interest of Chicago Rivet & Machine Co.—Stock to be Kept on Curb—Unit of Trading Reduced— 7 $194,398 2,485 Operating profit Other income, cash discounts, etc.—_ ;; Commissioner of Internal Revenue Guy T. Helvering announced v-Dec. 18< that, certain income and excess profits tax liabilities of the 7 Associated Gas &/Electric System and of "Howard C. Hopson and vari- I«...^;:the office of the Collector of Internal Revenue for the Second New $1,426,891 918,175 -—_—w—i—'w—w-314^18 ■»«.: The ICC on Dec. 12 authorized the company to issue not exceeding $550,000 of 21/2 % serial notes payable to the Continental Illinois National Bank & Trust Co. of Chicago, or order, the proceeds to be applied to the redemption on Jan. • 1,? 1942, at par and company's general-mortgage 6% bonds.—V. 154, p. 1491. ,.. Gross sales, less discounts, returns and allowances Cost of goods sold'——a-—: . \ous Chicago & Illinois Western.KR.—Notes— ' /■■ Associated Gas & Electric Co.—Treasury Settles Tax Deficiencies Amounting to $8,957,120— V v ^ : . 1942; All those who had one'year's senorlty on eligible for this compensation.—V. 154, p. 1374^- ; ; are , mates, have been made of the total 7 hit pay , .-separate, returns for the yeai7l941 or to Joih with other members of group in iilingvA consolidated return,; at the present i time it is planned to join ^in-a consolidated return, and it is estimated that such return for the year 1941 will show no tax liability. No esti¬ , with ;bec. ;l, 1941, 1629 Briggs Mfg. Co.—Wage Bonus— The company recently announced that It will pay more than $750,000 jto approximately 16,000 of Its hourly rated employees in lieu of vaca¬ Chesterville Larder 5-Cent Dividend— 7 An interim Canadian record dividend funds, Dec-15. last, and on Dec. has A Lake Gold Mining Ltd.— Continental : The directors (No. 4) of five cents per share, payable in been declared, payable Dec. 30 to holders of amount was paid on April 15 and Aug. 20, 1940,^—V. 151, p. 2638. ; 7 7 7 like 14, Co., 7.77"y. 7/' 17 " /' a share in Insurance Co.—Special Year-End Div.— haVe declared addition to the a special year-end dividend of 40 cents, regular semi-annual dividend of 80 cents share on the outstanding capital stock, both payable Jan. 10, 1942, holders of record Dec. 31, 1941. In July a dividend of 80 cents plus an extra of 20 cents were paid. The present declaration makes a total of $2.20-for 1941 against $2.00 last year.—V. 154, p. 652. • a to 7 New Process Uses Lowest Grade of — which have always been made from be made from such cotton by-products as hull the waste from ginning, carding, and other cottonCleaning operations, according to an announcement by the company. The announcement further went on to say: "Due to the limited supply of suitable rags for making fine paper, now can rags, of paper-making industry has long sought a practicable method the making paper direct from raw cotton fibers. Efforts in this direction have heretofore failed, however, because no way could be found to clean the fibers without using chemicals that weaken them and make manufacture. problem has now been solved by research work that was carried on Jointly by The Mathieson Alkali Works, Inc., of New York and Crane & Co."—V. 154, p. 906. unfit for them * a share in a share on share plus makes Dec. of ICC The record of After 20. Dec. a dividend of $1.75 per share on account preferred stock, payable Jan. 2 to holders payment of this dividend arrearages will declared accumulations on the 7% $50 per share. amount to • Distributions of $1.75 per share were April 1, July 1 and Sept. 30, last, and on also paid an additional dividend of $4.50 52. p. the latter date the company on the same issue.—V. 154, V ; directors Like on 15, Irving paid this year dividends follows: April 15, $1, and Jan. 15, $2.—V. 154, p. 1593. record 1941, The and class B A class 22. Dec. like A amount to and including Oct, 1, 1941, and also previous payment was 25 cents made on A,:A\A 1190. p. • paid on Jan. 2, 1940. Oct, 1, 1938.—V. 154, A aa!:.v''':' declared an extra dividend of 25 cents per share and the regular quarterly dividend of 25 cents per share on the common stock, payable Jan 2 to holders of record Dec. 20. Regular recently directors dividends were paid by the distribution.—V. 151, p. 1892. company quarterly extra income——. consolidated Total current Federal taxes, during 1941, with no .—_—— 3,060 570 513 ___— —______ . . 2,588,792 .____ _____________ 600,584 .____ $6,685,269 2,737,084 606,874 Div. - available inc. requirements 4Va% on requirements dividend for Earned —V. $3,341,311 1,108,703 stock be¬ $2,436,207 $2,232,608 $6.51 Vr,;Y $5.97 loss 1)047 12,708 143,626 $10,398 $8,220 $35,923 $91,807 £2,789,199 Bonus To Inc.—Extra Dividend—Christ¬ . scheme the Employees—Record Sales— voted have directors The on stock, common extra an of 50 cents per share holders of record Dec. 22. quarterly dividends of 30 cents per share were paid on this issue during the current year, as against 25 cents in each quarter in 1940. An extra of 50 cents was also paid on Dec. 21 of last year.' The board also voted Christmas bonuses to all its regular employees, at 109,386 A branch 5 ' •' 7,000 50,000 11425,000 15,000 920,000 as against approximately $63,000 in 1940. participate in these bonuses. Company on Dec. 11 announced that "sales for the full year well exceed $33,000,000, which is the largest in the company's not do The will history. Last year sales amounted to $26,481,080."—V. 154, p. 1413. (less Dividends $100,000 approximating Officers before appro- priat'n for inc. - , tax)_— A/ 337,500 for loss suffered by 326,250 A Engineering Corp.—$1 Dividend— the declaration all on shares Ruling— , the of the dividend of $2.50 on D. Horton says: authorized to . withhold payment its $5 preferred stock issuable for of 326,250 contribution .;A;; such G. for for shares'of certificates for profit of Near Eastern branch. $Reserve (proportion) for loss on debt due from Ford Motor Iberica (Spain) made in previous years, no longer required. HExcess profits tax and national defense for estimated liability.y ;v.:^ yA.■ the class 356. preferred of certificates £604,706 —reserve July 1 and Oct. 1, last. will amount to $5.20 on stock of Gulf, Mobile & Northern RR. Co. until M. & N. preferred stock have been exchanged capital stock of G. M. & O., pursuant to. the agreement of consolidation of Gulf, Mobile & Northern RR. Co. with this company. Stockholders who have not exchanged their cer¬ tificates, should do so at once through the transfer agent, Kuhn, Loeb & Co., 52 William Street, New York City. The dividend is payable on Dec. 27 to holders of record Dec. 19.— V 154, p. 1432, » , subsidiary company, less a dividend this shares ■ £400,985 £1,310,787 326,250 tProvisions *Loss. 1941 $5 preferred stock, Secretary Kenneth "The officers of this company are -of , £1,125,179 tax with connection In t4,935 f 21,241 2,241 ___— Four Profit in stock, the same as in X940.—V. 154, p. Gulf, Mobile & Ohio RR.—Dividend a ' precaution exp. prof, tax, etc distributions stock, payable Dec. mon 135,268 10,028 109,375 ■;&< 6,934 dividend of 80 cents per share directors have declared a The 815,065 10,977 12,257 9,000 a dividend of $1 per share on the com¬ 30 to holders of record Dec. 20. This com¬ pares with 50 cents paid on Sept. 29, last; 75 cents on Dec. 26, 1940, and 50 cents on Aug. 5, 1940.—V, 154, p. 151. £1,577,002 Near Air raid Excess holders Grumman Aircraft 9,000 loss Eastern dividend 29 to payable Dec. for Co,—Accumulated Dividend— declared quarter ending Dec. 31, 1941, and a dividend of $2 on account on the class A common stock, poth payable Dec. 29 to of record Dec. 23. Distributions of 80 cents per share were Total £1,415,476 863,723 . ; . to 13,000 emplyees who months. Company will arrearages common £2,761,652 845,222 176,579 10,957 , fees 12 Dec. on made on this issue on April 1, employees' to Directors' Prov. 176 385^000 prem._ Interest, •: etcy mas 434 24,184 *3,799 £3,108,274 851,559 obsolescence 1 & Contrib. £1,576,392 302 *1,453 of $20,000 income Deprec. , £1,416,627 237 J directors the for *11,765 194 — guar. on Total (Del.)—Christmas Bonus— absence 1937 1938 £2,728,996 *2,320 Surpl. 1377. give bonuses to 150 former empliyees, now on military leave of in training camps and on active duty with the army and 154, p. 1414. ' : also The ' 1939 1940 etc.— etc. 950 been 154, p. navy.—V. (England) —Earnings- Sundry prof., rents, etc. Profit on exchange Reserve, V. Greif Bros, Cooperage Ford Motor Co., Ltd. profit, have $51 also The company announces a Christmas bonus have been with the company more than six 154, p. 1191. Trading with Tenders at or below this price amounted shares. Persons who made tenders at a price notified that their tenders were not accepted. (W. T.) Grant Co. 29,655 29,339 A 2,696 2,667 equip.). & structures -V. approximately above 137,295 and ■ it has accepted all tenders of prefer¬ its letter of Nov. 27, 1941, at a company announces that stock made in accordance See $69,829 24,340 934 . ; (way Depreciation benefit Edison Brothers Stores, 20,792 $5,536 A.-i A: A'/A,- A A":' / price of $51 a share or less. $49,037 25,086 12,701 charges— fixed v.: 154, p. 1301. $102,899 329 $127,985 20,282 deducts, from inc. Misc. A preferred stock— share of 6% per stock pref. prior 6% preferred fore State taxes on dividends available to Balance $3,544,949 1,108,742 $5,206 ' A;;:..\. The ence 5,743 > a/a^a'A granted the application of Co.-rTenders Of Preferred Stock Gillette Safety Razor 33,219 9,447 ' .:,,A, "A,A .AA- 333. ,p. $87,999 26,300 $3,237 income Total Prof, on Near East brch Net $138,646 / 403 Othgr income ______ $6,734,325 —i— Balance Debt discount and expense— ; $2,834 Income. oper. ry. Years End. Dec. 31— Interest 372,000:, A 365,622 to 4,255,067 750,000 ; , - Net ..' Net 4,449,076 contingencies——.. for $8,779 2,342 1941 1940 $14,270,889 $12,266,330 2,337,488 1,325,994 Depreciation and depletion.——.— Provision $5,746 Total Nov. 30— 12 Months Ended Net rev. from opers— Railway tax accruals— rents expenses oper. Net Associates—Earnings— Eastern Gas & Fuel « 35,652 Railway it had that 13 Dec. to withdraw its 6% first mortgage sinking fund gold bonds, 1950, from listing and registration on the Baltimore Stock Ex¬ due $453,621 $510,647 $40,626 . the on change. The application stated, among other things, that there is practically no trading in these bonds on the Exchange, there having been only one sale during 1939, one sale during 1940 and thus far no sales during the present year. The order granting thi application became effective at the close of the trading session on Dec. 22.—V. 154, -1940 1941—11 Mos.- 1941—Month—1940 $41,398 ! revenues oper. 31,848 Steel, Ltd.—Extra Dividend— Dominion Foundries & The Railway announced SEC The Gloversville RR.—Earnings- Ended Nov. 30— Period a common are Fonda Johnstown & dividend of 25 cents per share on stocks, payable Jan. 2 to holders of was paid each quarter from Jan. 2, have declared directors The factories declared 17 Dec. on accumulations of company uncertain, but our business continues to very directors Georgia Marble Co.—To Delist Bonds— A active; it is well ahead of a year ago, and all of our operating at full capacity," he stated.—V. 154, p. 1595. extremely be company Raynolds Co., Inc.—25-Cent Dividend— & Devoe split-up, the Dividend— a dividend of $1.50 per share oh cumulative preferred stock, $6 divi¬ dend series, payable Dec. 29 to holders of record Dec. 22. A 'A. A V'"'; A'; A The amount per share in arrears at Jan. 1, after deducting the above dividend, will be $60,—V. 154, p. 1083. < ■ ' , ■''' "AA vA- he said. "The future remains Corp.—Accumulated Investment General The A shortly, month. to be started next aAAA-A't;;;7'7A7a7;V-a[-A''7-v7::a the Harding factory of to being equipment and Machinery made was war the Defense by soon, and installation of tools is expected —v., 154, p. 1413. AAA/aaA^.a'.Aa:;a-V account states that during the year a sub¬ the company. installed will be in operation very President, Florsheim, S. addition stantial last. 5-for-l ' H Florsheim Shoe—Expansion— cents per share payable Jan. 15 to holders of record paid on Oct. 15, last, as compared with 45 amount was the to Prior obligation assume SEC an application (File 70-457) regarding the proposed acquisition of $550,000 of 4%, first mortgage bonds, due 1955, of its subsidiary, Consumers' Water Co. The bonds are to be acquired as part consideration for the sale by the parent of all the capital stock and an income demand note of the subsidiary to W. W. Levering and H. I. Thompson.—V. 154, p. 1301. ,' ; V. $20, par July 26. cents the to company manufacturing centers,. has now become one industry plants. » ' • Plant Corporation a few days ago for the expenditure of more than $10,000,000 for still another new build¬ ing for the manufacture of naval equipment, brings to more than $21,000,000 the amount that is being expended or has been allocated for defense activity at this plant. ' ■ ' i -"v 'A ":'J ••' A huge refrigerator warehouse is being converted into an aircraft turrent factory at a cost of $300,000. Engineers and office workers will move into a new $11,000,000 merchant marine turbine factory locomotive Authorization Company has filed with 16 declared a dividend of 35 Dec. on stock, capital the as the ^ The Dec. / • on Dec. 16 by .the General Electric 'A :\A> z ,< > A A" ' i : AAA.''.' ■' (Pa.) Plant Expansion—. a Af a a. Pa., one of the country's refrigerator the nation's great •of Co.—Acquisition of Sub. Bonds Florida Power & Light \ A' A' - company's plant at Erie, electric and ii.'v -A/Ay/AA V- - authorized 10 announced was Laboratory. Erie The and liability in respect of not exceeding $992,000 of equipment-trust certificates, series I.—V. 154, p. 1301. --''M';-"s;;;"Civ.?• ^".V"• i"*''.-yC■'>V"■■ Dividend— Detroit Edison Co.—35-Cent on • made on the preferred stock on V:7 dividend of 80 cents a a Coast Ry.—Equipment Trust Certificates Dec. on radium, Research In July VV'&vV J Cuban-American Sugar Co.—Preferred Dividends— The directors have from $2.20 Florida East , special year-end dividend of 40 a 1941. 31, V; . and powerful unit of the type called by Its originator the opening up a new field for scientific exporation by its pro¬ duction of an electron stream far more penetrating than the electrons large A rheotron, of 20 cents were paid. The present declaration for 1941 against $2.00 last year.—V. 154, extra an total a 655. p. paper record of holders to "This of „ cents addition to the regular semi-annual dividend of 80 cents the outstanding capital stock, both payable Jan. 10, 1942, declared have directors The Maelstrom— 20 Million Volt Electron 27, Pay Special Year-End Dividend— and shavings Dec. on 1940, and 29, Fidelity-Phenix Fire Insurance Co. of New York—To writing papers, bond and Pine June Making Fine Bond and Writing Papers Cotton Fiber for cotton cents 40 last; 20 cents on March 27, last; 1940; 25 cents on Sept. 27, 1940; 20 cents on 15 cents on March 29, 1940.—V. 154, p. 429. ' paid on June 28 and Sept. 29, share Co, & Crane Tuesday, December 23, 1941 CHRONICLE THE COMMERCIAL & FINANCIAL 1630 v V .» ■■ ( i Electrographic Corp.—50-Cent Extra Dividend— . of cents 50 on 2, Dec. 1940. payments in 1941 will amount to $1.75 in 1940.—V. 154, p. 150. Total $1.50 per share, as against Inventories Unexpired values Debts due to the Emsco Derrick & Equipment have directors Te declared dividend of a 25 cents per share on the A regular quarterly distribution of 15 cents per share was made on this issue on Nov. 25, 1938; none since.—V. 154, p. 1191. RR.—Reconstruction Loan of $14,000,000— 1941, 16 approved maturing on Jan. and The Dec. on 1, collateral trust notes and other new* fixed by the reorganization managers proposed date of the July 1, 1941, was approved by the court. The 1941, be loan 1953. securities, and a reorganization, managers, by resolution adopted on Nov. 19, requested the applicant to file the application for the loan, to by pledge with the trustee under a collateral trust inden¬ £9,000,000 544,863 147,446 136,709 54,899 310,850 savings accountsuspense fund— Total —V. 1,254,309 828,619 by the companyfor taxation 4,826,837 1,773,363 —__.— due £9,000,000 4,936,586 _____________ Surplus & reserves Guarantee £16,740,913 £16,073,568 — 154, p. 541. ■ < ' , * ; - V " • . (George A.) Fuller Co.—$2 Common Dividend— The directors have declared a dividend of $2 per share on the new common stock, par $1, payable Dec. 27 to holders of record Dec. 19. An initial distribution of $5 per share was made on this Issue on Dec. 28, 1940.—V. 154, p. The off of the loan, as stated by the applicant, ate to pay principal of and accrued and unpaid interest on the obligations, in accordance with the provisions of the reor¬ purposes cash in following the 'AA ganization plan: Interes to York New & Erie mortgage 5% York New RR. second Dec. 18,'41 $49,520 , mortgage 4%% bonds—,— Credit Corp. note (4%)— Total $2,184,520 96,359 4,712,359 11,655 628,123 Estimated expenses under ances of Section 4,616,000 616,468 1,564,640 231,148 1,795,788 $388,681 $9,320,790 iA General Capital Corp.—51-Cent Year-End Dividend-^ year-end dividend of 51 cents per share on the common stock, payable Dec.A 27 to holders of record Dec. 19. This compares with 24 cents paid on Oct. 10, last; 27 certs on July 15, last; 25 cents on April 10, last; 56 cents on Dec. 28, 1940; 23 cents on Oct. 11,' 1940; 27 cents on July 12, 1940, and 24 cents have directors on April 10, declared ance For of new a ments of New Jersey taxes to Jan. 12 of capital, in part, for pay¬ subsection C of Section 77 3,679,210 $14,000,000 /• 154, p. 1594. ' ' "Ay A 29 Dividend of 65 Cents— dividend to holders of of 65 cents record per Dec. share has been declared, payable Dec. This compares with 2$, cents per 22. a . \ : ,, compressor entire past has operated a lift factory at Inglewood, Calif. For up¬ of five years it has maintained offices at 7 Front Street, San Calif., at 1024 Fourth Ave. South, Seattle, Wash., and an office in Phoenix, Ariz. A/:../A: .A-AAAA . : i J As of Sept. 15, last, the company's backlog on the work of all nature was approximately $250,000. Of that amount approximately . $130,000 was■ for 'defense; work. ';'A -A" ■:;yA';vf:-'Ay A.„* Statement of Income, Six Months Ended June 30, 1941 A ( V Net sales _L__—$187,794 Cost'- of .'goods ..Sold ;A ..'143,174 Selling, administrative and general expense.—— — /A, V37.081 Francisco, . . . . - - :: $7,539 profit' Gross income — 1,983 this minute intermittent duty. motors, some time, which are 3,159 1,100 $5,261 income: fractional horsepower frame sizes, company. v'- . >. . *y have been available to aircraft manufacturers available In five standard speeds—1.750, 2,800, 3,800, 5,800 and 7,500 rpm., although other speeds can be furnished. The motors can also be supplied in either 12 or 24-volt construction. The for $9,521 L: 1. income Other' charges — — Provisions for 1941 Federal income and excess profits taxes meet the by Total Net requirements of aircraft service, has been, an¬ Designated as Types BA-25, 40, 50, and BC-21 and 31, these direct-current motors can be,furnished as series, compound, or shunt-wound motors to meet varied applications. Rat¬ ings range from 1/200 horsepower at 7,500 rpm., continuous, open, to seven hp. at 7,500 rpm., totally enclosed, no cooling air over the motor, to nounced one Equitable Investment Corp. of Massachusetts (Boston) —To Pay Line Of Announces Complete complete line of G-E motors in designed — — Motors for Aircraft Service— A applicable to the period prior 1, 1940, and payments of allowances under clause Total —V. General Electric Co. 1,000,000 working this wards Other 1940. payments in 1941 will amount to $1.27 per share, as . against $1.30 in 1940.—V. 154, p. 655^ - r' ■''•"•'"'•A -A- securities— of engaged been During Total reorganization, other than allow¬ 77, or liens for compensation and viz, printing, engraving, issuance, re¬ depositing, taxes, etc., in connection with issu¬ reimbursement equipment for aircraft and marine engines. It in a general machine shop and foundry busi¬ period it has maintained a machine shop factory at Los Angeles, Calif., and for more than 10 and shielding also years cents per share has been disbursements, cording, tion and Co.—15-Cent Dividend— declared on the present reclassified common stock, payable Jan. 2 to holders of record Dec. 19. This compares with 10 cents paid on Oct. 1, last, and an initial dividend of eight cents per share on July 1, 1941.—V. 154, p. 1595. 15 dividend of The $8,932,108 loans Total Galveston-Houston A v third Co. Railroad Bank Principal $2,135,000 Co. RR. bonds—— Erie & ; Capitalization—Company has an authorized capitalization of 1,000,com. shs. (par $1) and 500,000 pref. shs_ (par $1). Upon comple¬ 000 tion of the present offering there will be outstanding 176,000 common shares and 125,000 preferred shares. The holders of preferred shares shall be entitled to receive dividends at rate of 6% per annum. In the event of any liquidation, dissolution or winding up, whether voluntary or involuntary, holders of the pre¬ ferred shares shall share equally and shall be entitled to par and dividends before any amount shall be paid to the holders of com¬ mon shares, , >, „ v" 'AAaAA':-.A.;AA': 'AA; /.A'A .■y.', t A The basis upon which such preferred shares shall be Converted into common shares shall be as follows: On or before Oct. 1, 1944, one common share for one preferred share; thereafter and on or before Oct. 1, 1947, one common share for two preferred shares; thereafter no right shall exist to convert preferred shares into common shares. A, History and Business—Company was organized in California April 6, 1931, and succeeded to the business of the Lacer Corp., Ltd. Company and predecessor for upward 20 years has been engaged in the manu¬ facture and sale of air compressors, hydraulic auto lifts, radio igni¬ ness. bonds, Angeles, Calif.—Stock Offered-r-An offering of 125,000 shares of 6% cumu** lative, convertible and redeemable, preferred stock (par $1) was recently made by L. H. Bullock, Oakland, Calif, at par. Stock was offered only to persons resident of the State of California! S^Ka'A: has 150. secured ture, of $17,500,000 of Erie RR. first consolidated mortgage 4% series B, dated July 1, 1941, and due Jan. 1, 1995. HaJlett Manufacturing Co., Los ' 2,935,774 , Employees' of not exceeding $14,000,000 by the Reconstruction Finance Corporation for specified' purposes. The report of the Commission states in part: The applicant requests a loan in the amount of $14,000,000, to be evidenced by Erie RR. collateral trust 47o notes dated as of July 1, ICC 103,547 2,416,222 _______ Liabilities— Capital stock Reserve The securities in hand £16,740,913 £16,073,568 | Total Debts Erie r — & Co.—25-Cent Dividend— stock, payable Dec. 30 to holders of record Dec. 22. common bankers at 1939 a £3,941,735 4,076,402 1,632,123 39,321 _—____3,008,090 1,899,176 and prepayments—; 82,462 45,032 company. 2,240,914 i 1,504,00a Investments in government Cash ' ' ...A-A.-A A;;AAAvA .A A :/;\A:yAAaA>;AA\.1940 : Land, buildings, factories, etc. (net)— £3,894,483 Machinery, plant, tools & other equipment 3,502,245 Investments in subsidiary cos 1,467,123 Near East branch {net assets) — 25,827 Assets—A V/'An extra dividend of 50 cents per share has been declared on the common stock, payable Dec. 29 to holders of record Dec. 24, The last regular quarterly dividend of 25 cents per share was paid on this stock on Dec. 1, last. v.'/" A:: y.-yy. ;yr.:v An extra of 25 cents per share was distributed on Dec. 28, 1940, and one Balance Sheet Dec. 31 Hamilton Cotton Co., Ltd.—Accumulated Dividend— The directors have declared a dividend of $1.25 per share on account quarterly dividend of 50 cents per share fund preferred stock, par $50, payable Jan. 2 to holders of record Dec. 15. Distributions of 75 cents per share were made on this issue on April 1, July 2 and Oct. 1, last; of accumulations and a regular on the $1.75 and $2 on 50 cumulative Jan. cents 2, cents on April 1, July 2 and Oct. 1, 1940, quarters. after the current dividends will share.—V. 153, p. 1276. 1941; 75 in preceding Accumulations amount to sinking on $1.75 per the preferred stock Volume 154 • Number 4023 < ■ 4: >/> Kinney Co., Inc.—Accumulated Dividend— 7 (G. R.) Hampton & Langley Field Ry.—Bonds— 1631 FINANCIAL CHRONICLE z'.vv TP1?: COMMERCIAL & > Comparative Balance Sheet, Sept. 30 ' - The ICC Dec. on authorised 9 the the mortgage • lO-year J Period Ended Operating revenues $44,532 After Operation 27,085 Maintenance 1,977 Taxes 7,574 Net oper. $7,895: revenues— (net) :/'///:■:/ income 26 of $1.19 - of -J 866. p. .7 ■- ... and stock common Accrued interest receivable. Total / - Retirement $8,442 accruals/,'/;■ res. , $97,275 $7,983 , J,—Li Gross income » • Interest charges Net income i Dividends —V. $5,067 44 255 ; $4,812 / $5,481 —• declared v' $62,275 $5,525 — Liabilities— $61,724 / Total : V 39,312 declared 16 a • amount Z More in $337,685 of the United were the company. armed forces received States to made /. 7,.'/-7v. " interest 7 full year's bonus.— a ,v. 151, p. 2193. v'J. vV the in board The D. Harris, annual the directors. Lefcourt of Div.-f Imperial Tobacco Co. of Canada, Ltd.—10-Cent interim dividend of An cents 10 1 the new of stock Hays. elected 14S3. p. 7 7/77/f;v Dec. 011 16 E. R. Weiss, O. //, / were the Transit Co.—Stricken From Rapid Interborough The -7 ' 77"-7: , The have been securities man J. L. Vice-President McCaffrey, directors 1378. p. tS .',}/• < .• declared have dividend of a 10 cents with 15 paid cents on June 25, f of record Dec. 19. This com¬ last, and 10 cents on Dec. 27, 154, p. 797. X/\\\:i'.V - Ltd.—Operations International Nickel Co. of Canada, affected by rearrangement a 1054. three-eighths The Coal Co.—Production- Creek (Doal mlned To / stock, common declared have directors The ■ payable Dec. ' . 29 of holders to share $1 record Dec. per 19. :s This 50 cents paid on April 1, July 1 and Oct. 1, jast, $1.50 on Dec. 28,-1940, and 50 cents in preceding quarter. Total dividends in 1941 will amount to $2.50 per share, as against 1264. 1940.—V. 154, p. in . .'IC'> * . « * & • the share will amount advised be SEC 65 about to send to their in announced 12 the filing the Holding under ($50 par) A Bonus— The 18 Dec. z,Vt:'v■/.i'v/':;' /:'~v : than Net cents a share for tNet Employees on Accrued on declared have of dividend a the capital stock, payable in Canadian eight cents per {••„» ni-j. 1 t r 1 " 1 f v-( V . •< \ £• I ■ losses and on i '■ s o - *5 ... t i: i 1 t~, I' ii ( : r'r-.'UCi J. 1,; i>! < 2 <: the stock, 1940.—V. 153, p. 1279. 1939 $829,453 21,276 1938 $346,245 19,699 $1,271,209 $850,729 177,119 $363,622 127,377 150,000 183,841 29,586 int. 218,134 17,376 def. on of issue class shares for and inc. '/■'/• exc. 400,600 375 000 100,000 — $332,594 $317,220 $394,023 ♦$165,730 taxes. profit for year— Consolidated ' accounts and advances to bills Balance 1941 \ inventories, $3,645,296; receivable, controlled Sheet, July 31, Dominion of Canada bonds, at cost, $263,750; (less companies $2,919,567; $56,589; deferred reserve), charges and other payaments carried forward, $156,921; inventories of repair parts and supplies less reserve, $79,649; shares of Controlled companies (less amounts written off), $1,750,160; other investments, $60,996 24,485 1,139 14,967 10,988 payable for and State taxes • ■ $2 541 761 Interest $2 415 871 l Total ■■ Merck The i if 5 ( ) 17,791 —__1— $184,354 / . been z ; will continue to and Assistant . Secretary j® ' , as ■"/ fill to '•• ' serve "///' „ elected ''ZV the 1265. zr'- i Martin, President, on Dec. & by the Secretary B )y:'>■; '• V*\ 1 L' :r • ' !%•.'* v •• ' * Co., Inc.—Plant Expansion— company plant has at started operations in the first unit of its new Stonewall near Elkton, Va. Ground was broken is expected Metropolitan Life Insurance Co.—War Risk Insurance will include war risk and aviation provisions in all and industrial life insurance policies, Leroy A. Lincoln, announced on Dec. 18. He also explained that in the case of certain policies, this general practice would not become effective until Jan. 1, 1942, and that some modification would be necessary in certain States because of special requirements.—V. 154, p. 1192. The $187,969 ' "'45,356 53,563: /■ 6,717 6,351 —,———//• company ordinary President, 4,372 taxes 3,862 9,708 Excess of income from dive. & int. over exps. $124,774 $113,609 191,016 96,598 A 514 Dec. 114,246 124,563 $180,488 $108,067 Net expenses for Fed. on — stock & Mass. cap. securs.'sold adjust, on prior (based on excise average Federal years' Dividends paid inc. cost) taxes —— Milnor, Inc.—10-Cent Dividend— on dividend 10 Jan. cents of ♦Excess ■it.. .1 Secretary elected this / 4,010 Net loss • been 1940 $170,179 i — Custodian and transfer agent fees and expenses t r r.n: )/ 1941 $169,232 2947. p. plant on May 28, 1941, and the complete plant to be in operation early in May, 1941.—V. 154, p. 1597. —15,122 Management. fee < '• '/•' ' ) ; new : • has asked been Vitamin bonds——— on 151, $14,130,908.—V. 12 announced that the company of War and the Secretary of the seven-day week, and that "every depart¬ ment that had an adequate supply of material was placed fully upon this basis." However, other departments would have to wait "until the materials catch up," added Mr. Martin.—V. 154, p. 1302. Loomis-Sayles Second Fimd, Inc.—Earnings— . total, $893,038; Navy to institute a 24-hour, shares In 1941 and by 29,843 shares in 1940. Ended Sept. 30— Income—Dividends 7.Z7.Z-i; bills (Glenn L.) Martin Co.—On 7-Day Week— 2,850 2,398,054 surplus, "j-:'V'. ; Glenn L. $14,967 4,807 2,521,280 equity $1,625,857; created by the resignation of E. L. Cleveland.'—V. 154, p. vacancy $2,415,871 $15,673 Federal stock ■"/' (secured), $2,590,291; owing for purchases of grain, accounts and wages payable and accrued and Assistant; Treasurer. B. L. Hatfield has 1 1,238 $2,541,761 $300,000; taxes payable and accrued excess profits taxes), income Virden M. 1,178 1,406 Z goodwill, and Marion Steam Shovel Co.—New Secretary— 7,593 1,921 capital stock tax discount, advances $23,103: Dr$20,480; 639,298 15,674 marks trade /;/'■/■/•//• (including provision for $582,377; bond interest deferred bankers' advances (secured), $1,966,300; bonds, $4,412,500; class A shares (91,997 no par shares), $1,287,958; common shares (250,100 no par shares), $250,100; management shares (3 no par shares), $3; stated value of shares held by a subsidiary, $1,751,593 -7 receivable $700,000; bankers' $94,921; (secured), accrued, 43,581 327,176 under estimated 1940 receivable off), charges, $424,940; t$8,209 1941 Federal written receivable Z '////.'; -■'//>•:///-7 Nine Months funds on Dec. 29 to holders , 5ri guaranteed 1940 $1,211,136 against invent profits $77.24 $75.97 dividends paid for the period. the basis of market quotations Balance Sheet, Sept. 30 / ' interest ♦Realized n. • 150,000 tDeficit. ' ' /; * Represented by 31,347 —V. 153, p. 993. 1725. p. • : realized Total share per 151, modified the 100,000 of by *'the A 3,057 $1,440 * deposit for dividend payable ♦Capital Dec. 6. share.—V. V_./• 1941 $1,248,531 22,679 July 31— operations Liabilities—Current $2,184,596 Miscellaneous cents made : 250,000 Res. Liab.lities— Reserve ' 77 seven record stock, total, $14,130,908., 1,295 bank Dividend This compares with distributions of five cents each on Feb. 28, April 28, Aug. 28 and Oct. 28, last, and one of cents on June 28, last. Payments in 1940 amounted to 15 of to mortgages, exchange seats and properties acquired, held for sale, less $112,202; real estate, plant and equipment (net), $3,963,941; and automobiles (net), $100,061; leases and contracts (less 24,361 Total Kerr-Addison Gold Mines, Ltd.—8-Cent Dividend— directors on 15 4fy gold bonds due April 1, 1990, and the gold bonds due June 1, 2013, have been stricken York Stock Exchange list. These securities were sus¬ 138,615 had Prov. The value expenses, Deferred listing and registration on the Cincinnati Stock Exchange. application stated, among other things, that the trading of these stocks on the Cincinnati Stock Exchange has been very inactive, that the stock is closely held, and that trading for the most part has been in the over-the-counter market. The order granting the application became effective at the close of the trading session, Dec. 20,—V. 154, . June on :•/ /f;/ ;/,V,//Z,: 300,000 for ■ S. R., bank loans settled for Delist Stocks— 335. 7r'o investments— amounts 46,717 "J income—. liquidating value per share, Dividends :;/zzz;.z par), from • of in Cash The p. U. S. $1.25 per share preferred stock paid was bonds—— $57,939 aver, cost) on Securities granted application of company to withdraw its com¬ stock ($20 par) and 7% cumulative special preferred stock ($100 mon amount •.• Assets—Cash, $82,772; $73,813 ; (based paid '/'• /•/*/';,/:7. mZ. has SEC of cumulative $5 like A 1279. p. New on Portion 1940 4,013- —— Assets— Payments The dividend a the on 3. Depreciation on bldgs., plant and equipment. and 1941 .7 for the securities. expense 1,700 Kemper & Thomas Co.—To Dec. income Interest Act 30— securities sold asset ""Over tAnd salesmen and paid 15 Dec, on $1,230,835 138,615 declaration or applica¬ a — *Excess factory, laboratory and branch warehouse per¬ in the field will participate./. for each Individual will be determined on the basis of regular earnings and length of service with the: company. All employees of the company will participate under the plan and those on the company's payroll for one year or more will receive a minimum of one week's pay.—V. 152, p. 4127. sonnel to the can¬ $69,800 Sept. • loss on Dividends , that office, and mas, the granted reserve, Total Expenses employees of this company will again share distribution of a bonus. Maurice K. McGrath, President, on said that these special payments will be made before Christ¬ more the In Ended Mos. Cash Kellogg Switchboard & Supply Co.—To Pay has also Commission mortgage from Total etc. it com¬ Orleans that in Orleans granted application of company to withdraw from listing and registration on the New Stock Exchange. The application stated, among other things, view of the lack of public interest in the stock on the New Stock Exchange, the company does not wish to maintain the of continued listing and registration. stock York New relay. rlo trans-continental then through a relay a • mortgage 4% from Inc. Sell Realty Interest— of Company Interest- on bonds 04.50 Kaufman Co., Ltd.—To Delist Stock— has SEC The mon by handled Communications Maple Leaf Milling Co.» Ltd. (& Subs.)—Earnings— Prov. certificates Income—Dividends 1940.—V. (Charles A.) , respectively./ accumulations 153, the Net Madison Ry.—To & Dec. (File "70-458) 9 regular quarterly paid. payements in 1941 amounted to $7 per share, as against 154, p. 152. Total in Zr . between with direct be handled over the new circuit stated.—V. 143, p. 2684. record Years Ended 431. p. was ' will of of Income Loomis-Sayles Mutual Fund, Inc.—Earnings— declared have . . trucks Co.—Extra Distribution— an extra dividend of $1.75 per share dividend of 75 cents per share on the com¬ mon stock, both payable Jan. 2 to holders of record Dec. 15. In each of the three preceding quarters the company paid an extra dividend of 75 cents per share, while on Jan. 2, 1941, an extra of $1.75 per directors The and service Manila been Federal the by telegraph and ^ had Manila, guaranteed from $26,750.—V. 154, p. 433. Johnson (Mead) authorized Communications company The Liquidation Trust. • ' The company's parent, Ogden Corp., proposes to enter a bid at the auction to purchase the units of beneficial interest at a price of . $3 and consolidated regarding a pro¬ posal by company to sell 'at public auction in Chicago its holdings of 5,350 units of beneficial interest, no par value, of Utilities Realty tion with compares a 152, Litchfield The the on each in , ♦Loss, 77 : . . of dividend a " will cellation.—V. 442,727 tons 547,425 tons — - Pay $1 Dividend— of distribtion final stockholders 1940 1941 of November— \ , announcement second cash payments share of Cliffs Corp. stock and of $4.75 for each share of Continental preferred stock. Island paid was total of $5 per share in 1941, a Manhattan Railway Co.—Stricken From List— on of Month Dividend per share on fund red. pref. employees of this company and are , p. amount /, and Sept. 15, last, as compared With $1.50 per share on Dec. 15, 1940. The previous payment was a quarterly of $1.25 per share on March 25, Liquidating Shares Inc.—Final Distribution—To DisDec. 18 said: "All mines and smelters of this company operated at capacity throughout solve— ' the year and the production rate has been raised in an endeavor to !77; Following approval by the courts, this corporation will i make a satisfy the unprecedented war-time demands for nickel. To increase final distribution on Dec. 26 and the company will be dissolved shortly its nickel production by 50,000,000 lbs. annually over its 1940 rate and the reafter, it was announced. thus make available a substantial additional supply, the company has This corporation was organized early in 1940 to take over the assets undertaken a production expansion program to be completed in 1943 of Continental Shares, Inc., and since then has made distributions involving an expenditure of approximately $35,000,000."—V. 154, President, Stanley, Chairman and C, $1.25 of 154, pZ 1005, radio a York New service Federal holders Wis.—Group Insurance 11 Dec. like A Z , Mangel Stores Corp.—Accumulated Dividend— " Robert been operate and that messages $4,115,750 original program. plan is being underwritten by the Metropolitan Life Insurance Co. .on a cooperative basis whereby the employees contribute fixed amounts and the employer bears the balance of the entire net cost. The affiliated companies which offered their employees the benefits of the enlarged plan are Line Material Co. of N. Y., Inc., Line Mate¬ rial Co. of Pa., and Southern Line Material Co.—V. 154, p. 657. 1940, and in each of the three preceding quarters.—V. . 29. Nov. pended from dealings on Sept. 25, on ■ The share 011 the per stock, payable Dec. 27 to holders common pares 154, and a director, of sales charge in Mining Corp.—10-Cent Dividend— International The McCormick.. the late Harold F. the Board to succeed of elected Second Vice-President.—V. Treasurer, / dividend a 1938.—V. Pierick, S. 658. the 7cumulative slnki. g the Judson F. Stone, for many years a director has been elected Chair¬ was paid 15 announced that more than a its affiliates throughout the of the organization's group program through which their total life insurance is increased from about $1,650,000 to more than $2,850,000. Also, under the new arrangement, hospital expense and surgical operation benefits are provided, while the sickness and accident benefits are not only in¬ creased, but their scope includes many employees not covered under W. thousand country , amounting to 50 cents per share, was Jan. 15, last, while on Jan,' 15, 1940, 154, p. in 1940.—V. has to Honolulu of Program Revised— Chairman, Etc.— cents per share 15 to holders of 50 Jan. Company permission to establish direct radiotelegraph service between New York and Moscow, Russia, it was announced last week. All classes The Line Material Co., Milwaukee, , International Harvester Co.—New to :V. 1286. 152, p. of cents on on record 25 closed. be circuit between New York and San Francisco and //The account 1277. p. V. 180; p. of payable of Corp., Ltd.—Accumulated Dec. of company Formerly the $4,876,265 $671,380 $759,972 -1./..— 154, Dividend dividend dividend will not preceding quarters, making Honolulu and 1941—9 Mos.—1940 1941—Month—1940 Period Ended Oct. 31— —V. secured convertible 7 % gold notes, due Sept. the first and refunding mortg.-ige 5% gold bonds, due 205,423 Mackay Radio & Telegraph Co.—Pacific Service— and L.- Thompson during corporation Sales 1932, the 1, 1932, and Jan. 1, 1966, st/'cken from the New York Stock Exchange, list. These weie suspended from dealings on Sept. 25, 1940.—V. 153, gold notes due Oct. 1, the 10-year 6% stock, common 10-year by •/•' , Lincoln Stores, Inc.—October Sales Up— List— $7,727,824 and •-, Harland B. Tibbetts, A. Morse, stock Steel holders to books paid.—V. on against $2.121/a as the past nKnth has received orders for a ordinary stock, payable Dec. 31 to holders of. record Dec. -5. Including 7 total Of 70 oil-burning steam locomoti"es from the U. S. War Depart¬ the extra dividend of 22(6 cents and the interim dividends, of 10 cents ment, and now is said to have a substantial backlog of engines for each paid on March 31, June 30 and Sept. 30, last, total payments delivery in 1342. The company, however, has reserved adequate In 1941 will amount to 62V2 cents per share, the same as in 1940.— capacity to take care of further orders from American; carriers to _V. 153, p. 1277. meet traffic needs for next year/—V. 154, p. 1055. The « • Extra both $10, distribution, was accumulations of the three Lima Locomotive Works, Inc.—Orders— share has been declared on the per 1941 In extra an quarterly par transfer common company account of an entirely new board is pursuant elected meeting Election company. directors S. J. Sands.—V.' 154, H. at of extra extra Commission t $7,035,217 — Co. declared 18 regular stock, The MacKinnon The Realty Corp.—New Board of Directors— board the 31. the on cents 40 agreement with the General Realty & Utilities Corp. who sold its an and The last /J Forbes & Dec. on the ^common on dividend of 75 cents per share on the a 244..-:/•77 V;,',■7;./// 7''/;' p. stockholders The -v seven-man distributed on Dec. 15 to In addition, 188 employees bonus checks in employees 5,000 over now than 153, Lefcourt (N. Y;)—Bonus To Employees— Horn & Hardart Co. 4,079 7,682,629 ' directors share per payable Feb. 1 to holders of record Jan. 15. A like paid on this issue on Feb. 1, Aug. 1 and Oct. 28, 1940 and was 1941.—V. —— by 186,967 shares (par $10) in 1940.—V. 153, p. 993. Cents— The stock, common $41,116 6,984 $10) MacAndrews 25 . . i Corp.—75-Cent Dividend— The directors have declared year-end dividend of $1.20 per share, payable Dec. 29 to holders of record Dec. 19. • Monthly distribu¬ tions of 15 cents per share were made during the current year, the next one being payable on Dec. 26, next. /•/ v.:-■ /♦;. Total payments for 1941 will be $3 per share, the same as paid in 1940.—V. 154, p. 750. ■. /./ directors on Dec. $37,393 6,990,840 — — (par record Dec. 77 Lee Rubber & Tire Hibbard, Spencer, Bartlett & Co.—Year-End Div.— The s .■ 50 • ...■ v. ■///'"•//''/"■"; ;Z"'! *Represented shares . $56,158 v; 41,769 " 154, p." 1264. $7,727,824 ♦Capital stock equity ceqts per share was paid on Dec. 12 on the 7% preference stock to holders of record Dec. 3. A like amount was paid on this issue on March 12, June 12 and Sept. 12, last, making a total of $2 distributed in 1941. Nothing was paid in 1940. •■/: / ,/:/ ,;7//Z77' V /// ■ /•'■■"•';. Arrearages on the preference stock at Nov. 15, 1941, were said to total $44.50 per, share.:—v. 151, p. 107. ;' 'i s ,7 • 77-'77 7 ,77 ■ ■//'i /' . '.'755 ; of 1,238 4..,—$7,035,217 — red. cumulative $56,912 '/i 551 .. dividend A •' 6,275 16,357 1,875 Provision for Federal and State taxes.—— Langley's Limited—Pays 50-Cent Dividend— ; 35,003 35,000 2,917 2,917 $91,912 • 41,116 8,418 Dividend payable the $3 of $1.50 on • Balance 37,393 21,174 ; Def. Federal capital stock tax— ' initial dividend of 20 cents per share an semi-annual dividend a 1,471,243 j.— Dividends cumulative preferred stock, both payable Dec. 29 to holders of record Dec. 24. The preferred dividend covers the period from June 1 to Nov. 3.0, 1941.—V. 154, p. 433. /■;!'■. /; /-y /V •/• '//./7V 7/7 <•6,770 * declared directors have the on $6,191,095 506,240 deposit for dividend payable.— receivable on 1940 $6,460,117 bank.— Cash dividend all dividends due on- the Dec. 31, 1940, will have been piad.— through 1941 x cost—: average Cash in .. . at — * . Securities current the stock preferred The * $85,143 $86,296 10,979 - . Assets— share on per 77 Lamson Corp. of Delaware—Initial Common Dividend . $7,957 - 546 dividend a 1941—12 Mos.—1940 •. „ Non-oper. payment V V. 154, /$550,086 V, $554,094 343,566 354,512 2,936 / /> 31,385/. /' 33,772 .7,447 ,/83,839 80,667 $44,622 26,281 ' 23. prior 1941—Month—1940 declared 16 preferred 7May 20, Aug. 22 and Nov, 25, last. Co.—Earnings— 30- Nov. Dec. on stock, payable Dec. 30 to holders of record Distributions of, $1 each were made on this issue on Feb. 25, prior $5 Dec. i^;-3633.^^^yV';^^'"v Haverhill Gas Light directors The exceeding issue not to company bonds, to be delivered at par in exchange for. a like principal amount of outstanding iirst mortgage bonds which matured oh Dec. 1, 1941.—V. 143, first $20,400 14; r * r t losses dividends paid over and < r.'.t .1 fj.r t;i)■;,"!i: •(.; —Z expenses— I • <• l. I . 1 ,• I ; , : ••• » c i.}• . » c i income 1 i-• j ) 0 with for the period. .."-I'ttl « Zri c1 -v' C . 5--!•••< t 3 50 of 10 holders 2, last, March cents of share per record Dec. and on Sept. 15, 1940, and 5. was A paid on the capital stock on similar distribution was made 3, 1940; 15 cents on May 15 cents on Jan. 2, 1940. payments in 1941 amount to 20 cents per cents in 1940.—V. 151, p. 1284. share, 31, 1940; as 10 compared ' V , ?/C c ■.?. on Total to ? . s<1* / T.J. 1 1 . -I I "•! S Ivt •<( ?.: •; •• •/ Z1: ) - i-izi'. je :•-> ez I i> ■ j; 1 < £ Tuesday, December 23; 1941 THE COMMERCIAL & FINANCIAL CHRONICLE 1632 . The company announced 1 Dec. on of their offices removal the N. J., to 30 Broad St., New York, N. Y. 207 Market St., Newark, from to plan dated July 17, 1941, are now ready for delivery accompanied by check in payment of 10% of the principal amount thereof, upon presentation and surrender of the respective deposit receipts issued therefor, together with re-delivery receipt (Form A) thereto attached properly signed, to the City Bank Farmers Trust Co., 22 William St., N. Y. City.^-V. 154, p. 753. All Abandonment— ICC The affirmed 1 previous finding that the present the ' Thompson, trustee, of a branch line of railroad extending Madison, approximately 29.5 miles, in Coffey and Green¬ Counties, Kansas.—V. 154, p. 1597. from LeRoy to wood paid.—V. 151, paid a Co.—Complaint Filed— Mondakota Development Securities The filing of seeking and Commission Exchange Dec. provisions of the Securities Act of 1933. The defendants named in the complaint were John Wight, Mondakota Development Co. (Mont.), E. A. Wight, and C. H. Braden. v The Commission in its complaint alleged that the common stock of the defendant corporation was being sold without a registration statement covering it being in effect under the Securities Act. - > v in violation of pany on Coal Jan. incorporation the common stock from shares without par value value of $10 on a share-for-share basis.— amendment to its certificate of company has been changed this shares into V. 154, having 1192.. p. par a New Oct. To All New Insurance bert B. this company increased was from Lewis . . W. Douglas, President, Dec. on IaV Pacific Mills—50-Cent Dividend— Dec. On the 8 be applied, to civilians The certain in the the armed forces, and subject to war risks. clause provisions to all appli¬ war same regardless of age or sex. cants, Under the clauses war under applied the company's liability, be to after Dec. 20, will be reduced in the case of losses resulting from military or naval services, and under certain other specified conditions. The present situation, said Mr. Douglas, demands that every possible safeguard be taken to protect the interests of existing policy holders in the Mutual Life. policies written -H. B. Cadwell Made Assistant to Vice-President— The company has announced the appointment of H. B. Cadwell as Assistant to the Vice-President and Manager of Agencies at the com¬ pany's home office in New York City. ""For the past five years Mr. Cadwell has served as Manager of the company's agency at Oakland, Calif. His new appointment becomes effective on Jan. 1.—V. 154, « 1494. p. Liquidating Co.—Suspended From Dealings— ($100 par) has been .suspended from dealings on the New York Stock Exchange as a liqui¬ dating dividend is being paid.—V. 154, p. 1192. 5% none » ■ 4 154, ;?:-V f.'/ 1102. p. stock, series "A" cumulative preferred all directors have declared The Nash-Kelvinator Corp.—Lays Off amount each cents distributed was dividend of 10 cents per share on the a Mr. 30, The be Mines Patino last, V. 37 V2 \v • 1941, that the estimated profit, before providing for United States and Bolivian taxes, amounted to £568,257 (equivalent to U. S. $2,292,916) plus 32,379,895 bolivianos; and estimated net profit after taxes amounted to £464,911 (equivalent to U. S. $1,875,915) plus 13,925,805 boliviianos. This compares with net profit of £203,028 (equivalent to U. S. $819,217) plus 22,231,642 bolivianos after taxes for the same period nine the for Production 1940. Tin 1940. as concentrates in ended Sept. 1941, 30, To Pay Dividend of 50 • 130 emplqyed at the Racine plant on a defense production will be men The > The directors ; on per record declared have share Dec. 31. cents the the quarterly dividend of 15 payable Jan. 15 to holders of •- i * special distribution of 40 cents per share was made on Dec.. 15, .A last.—V. 154, p. 1530. Payment will be made ; Artists Service Sold To National Broadcasting Co. of cents 50 Jan. on 1941.—V. 15, 154, 1599. p. , V concert and Alfred to four H,> Morton, veteran NBC D. formed—the National Concert & Artists Corp.—to 'carry on the business. It will occupy offices at 711 Fifth Ave., N. Y. City, with branch offices in Chicago, Hollywood and San Francisco. The sale will be effective Jan. 1, 1942. : ' Samuel L. Ross will be the new organization's Secretary and Treasurer.—V. 154, p. 961. . 7 A new will company oper. revenues oper. expenses™ National Oil Products The Net The directors have declared an extra income Equipment rents (net)_ facil. Net ry. oper. Other Sept. on 15, years.—V. last, 154, which 961. dividend of five cents per share the was first payment made in more directors have declared a dividend stock and a dividend of stock, both payable Jan. preferred preferred on of $1 per directors The interest on on Great Dec. the $480,679 5,510 96,431 69,586 25 8 5% declared income to be and payable due at the An on of the Philco With the mailed v.; the by trustee.—V. will 60 cents per amount to 154, 1940.—Vi 755. p. share, com¬ ' \ - 1941—11 Mos.—1940 1941—Month—1940 in $4,968,396 1941 totaled 118, as $6,260,287 $566,227 operation Nov. 30, on announced for rates 20 hours of a bonus year-end its for 4,800 * em¬ Payment is to be one week's pay of 40 those employed one year, and half of one 23." Dec. at basic rates since Jan. for those employed 154, p. 547. 154, 16 announced Dec. on pay increase of 5 to 10% of employees."" New* working hours are official said. -Two shifts are now in operation. v'1".'"-1-' 1271. p. a number an '-./.V* "'V / Dividend— directors cents per of on ^ ,, . declared 12 Dec. a regular quarterly dividend of share on the common stock and the regular semi-annual 55 cents per share on the 5'/a% cumulative convertible ' 438. v , :• . *' .. •< Co. Wichita Falls, of Texas, one of the largest independent producing companies in north Texas, according to of the latter."—V. 154, p. 1384. John F. O'Donohue, Division Moves to New Plant— that stated 12 Dec. within the past Southern Canada Power Co., Ltd.—Earnings— few Division Battery acquisition of the and be has ( 151, the , Period End. Nov. 30— Gross sales are increased mounting rapidly as 154, as production can be stepped up, 1193. p. , 1941—Month—1940 $246,046 $553,423 169,631 77,939 67,520 67,544 Operating 60,537 $124,990 $117,989 116,855 114,407 '.'•v. 234,960 $8,135 $3,582 $14,969 expenses Net earnings Interest, depreciation & • dividends —V. * — - 1941—2 Mos.—1940 $270,473 Taxes new plant, Philco's battery production to three times what they formerly were, concluded.—V. announcement ■ earnings Surplus trustee, will on previous.—V. 154, p. 662. considerable Producers tinuously. facilities have been Checks dated Storage books of the company in the custody of First National Bank of Mobile, 2199. . $1,010,890 has moved to a much larger plant of its own in Trenton, N. J. The building is of brick, steel and glass, with saw-tooth and monitor roof construction. 700 feet in length, the plant is so arranged that all operations are on a single level. The plant layout has been designed to permit a con¬ tinuous flow of production from the raw materials at one end to the finished product at the other. A complete chemical, physical and electrical laboratory is an integral part of the plant, so that research for quality control and development work may be carried on con¬ Dec. 27, 2\'\ % announcement weeks 1495. of rate $3,098,287 . Philco Corp.—Battery Ry. Co.—Interest Pay¬ debentures i **■. - share Shell Union Oil Corp.—Acquisition by Subsidiary— W A disptach from Fort Worth, Texas, states that "the Shell Oil Co., Inc., a subsidiary, has paid in excess of $2,250,000 cash, or in excess of $500 a share, for the 4,500 outstanding shares of stock of Petroleum 1,150 1,250 ■ $201,160 $260,095 1303. p. 1 ,■ and loss. 154, in stores corporation v.-154, p. y to per preferred stock, both payable Jan. 1 to holders of record Dec.rl5. A distribution of 25 cents per share was made on the common stock on Oct. 1, last, as compared with 35 cents in preceding quarters.— $201,160 ? $3,099,537 j $1,012,040. inc.. transfer basic dividend 274,008 270,985 cents President 33V3 Northern bal profit —"V. principal amount of said debentures outstanding, said interest to be paid to the registered holders of said debentures as the same appear, at the close of business on Dec. 22, 1941, upon registration Ala. 482,033 $260,095 Disposition of net the Mobile, 471,157 _r.~_ Net income ment— 1941, 34,089 $537,638 6,558 inc. of considered, mon 515,348 544,322 15 of dividend a Seven-Up Bottling Co., St. Louis, Mo.- -25-Cent Com- 6% share on the the $2 preferred stock were paid.—V. 154, p. Orleans New 42,529 _ from Fixed charges cents per share on the $2 2 to holders of record Dec. 20. hike amounts were paid in each of the three preceding quarters. Previously;' quarterly dividends of $1.50 on the 6% preferred stock and 50 cents —V. p. New England Power Association—Preferred Divs.—*• The income 1941 for cents year a pay "a being $446,590 % deducts, Inc, , 66,599 $495,110 income- income Misc. regular dividend of 10 cents per share, both payable Dec. 30 to of record Dec. 15. A distribution of 10 cents per share was 20 80,375 .;l( Savage Arms Corp.—Wages Increased— 930,894 12,617 47,100 (net) rents . 1942. 10, 55 payable at The Operating holders made accruals.. tax Railway Total National Tool Co., Cleveland, Ohio—Extra Dividend— than g $7,247,356 2,205,474 $817,705 $10,069,439 224,141 3,215,028 $726,688 171,861 revenue oper. declared have company The company a 1941—11 Mos.—1940 $2,888,303 $35,814,667 $30,005,538 2,070,598 25,745,228 22,758,182 $3,205,804 2,479,117 for Co.—Wage Dividend— has paid Christmas bonuses to employees ranging from $10 to $50 each, it was recently announced.—V. 154, p. 1381. and - 1416. 154, p. $734,623 hours be Joint ' , ; in November topped those of October 1 and prior to June 23, this year.—V. 1941—Month—1940 Period Ended Nov. 30— Total Total Tpthill, O. O. Bottorff and Marks Levine, S. executives. • : . Operations Up— Royal Typewriter Co., Inc.—Bonus To Employees— Marquette Ry.—Earnings— Pere President, on Dec. 12 announced the sale of NBC's talent divisions—including Civic Concert Service, Inc.— 1 • .: Corp.—15-Cent Dividend— distributions number week's Niles Trammell, 154, p. 437.' -v.-' stock, payable Dec. 29 to holders of record Dec.-10, and of like amount, payable March 31 to holders of March ployees, ; A Executives— Feb. 20.—V. ••• • of 37V2 payable Feb. 28 dividend with The quarterly dividend special dividend of $2 on Feb. 15, last, and a 1940. • • •" r, /• the usual> quarterly dividend in October.—V. directors against 111 A dividend of $1 per share has been declared on the common stock, payable Jan. 15 to holders of record Dec. 20. A like amount was paid on Oct. 15, last, as compared with 75 cents on April 15 and July 15, a record Sales y; last; in declared also period Ended Nov. 30— Peoples Gas Light & Coke Co.—$1 Dividend— 20, last. 19 and Oct. July on $1.25 Rose's 5,10 & 25-Cent Stores, Inc.—Sales- ;. last, and Vy. cents per 25 paid on the common stock in 1941 amounted to $1.75 Cable common The V extra dividend of an share on the $1.50 dividend preferred stock, further pared of 50 cents per share. rate special dividend of 30 cents per share was paid on Oct. .28, 50 cents on June 5, ' ■ A The the Total record Dec. 24. the paid were against as against $292,205 regular stock, capital at like amount.— of V by 23.4%, Fred H. Rohr, President, announced on Dec. 13. On Dec. 1, the company had 1,360 employes, against 1,183 on Nov. I. • /;•> Deliveries and completed work in November amounted to $360,744, share, compared with 25 cents on Sept. 30, last; 60 cents on Jan. 15, 1941.—V. 154, p. 546. Corp.—Regular Dividend— National Bond & Share funds declared 15 Operations of this corporation was a per payment quarterly Rohr Aircraft Corp.—November in that cur¬ included in 2s. 6d. of usual Dec. on directors per record dividend a the to the common quarterly dividend of 25 cents per share on the common payable Jan. 20 to holders of record Jan. 10. Extras of holders of to Cents— declared 12 Dec. on United States as ; directors payable Dec. 30 to holders of in order, according to R. A. De VIieg, General Manager.—-V. 154,, p. 1266. • 20,000,000 bolivianos of the surplus period declared . each cents share, Rome sold for U. S. $400,000 and this amount is not profit figures given above. was dollar the a both The valued was i > regular quarterly dividend of 37'/2 stock, payable Jan. 2 to holders of extra of'37V2* cents per share was paid on Oct. 1, An directors cents in inventory at £250 per ton as against £245 at ythe close of the 1940 period; the present price of tin in England is approximately £258 and has remained around this level for a cone period > theatre the to 661. Total dividends per against 9,160 tons for the same period in transit at the close of the. 1941 11,806 long tons of fine tin, in months 20. This will . function as General Manager under 1103. Ayy •'•yyy ,'v Yy-''.y y-,' p. the on addition p. and stock, (Inc.)— Consolidated Enterprises & . : : Rochester Button Co.—Extra Distribution of 25 Cents .: The Company reports for the nine months ended Sept. 30, During the and Dec. in 154, paid '.*V- be continue have share per share Earnings— will will directors cents to workers as their share of the company's profits for 1941, in addition to a special Christmas payment of $7,500, under the compensation plan, it was recently announced.—V. 154, p. 1530. will $35,000 totaling dividends and Picture'and Theatre companies. operations under one head who President. ' elected a Vice-President' of the p Rath Packing Co.—37%-Cent Dividend— * record Wage Koerner to Kingsberg.—V. 154, 30 to Sept. on Package Machinery Co.—Wage Dividends— rency shortage of metals a on Dec. financial all responsible Charles 29, 1940.—V. 154, p. 962. March 30 and June 1,700— materials, 1,100 employees of the body making plant at Milwaukee and 600 at the Kenosha plant were laid off on Dec. 17. • X.,'"vv;V: The company indicated that auto production will be resumed Jan. 5 with curtailed crews as the result, of the reduced quotas. Around to Etc.— Corp.—New Treasurer, President, including the centralize directly companies holders of record Dec. 22. A like last, as compared with 15 cents on March 31 and June 30, last; 20 cents on Jan. 27, 1941; 10 each on Sept. 30 and Dec. 28, 1940, and 20 cents each on payable Dec. stock, common subsidiaries will move siderable period. Due — his of iy Pacific Tin Consolidated Corp.—10-Cent Dividend— in Nabco The p. Kingsberg who will continue as Executive Vice-President of Keith-Albee-Orpheum Corp. and will be elected President of the other theatre companies including RKO Proctor.1 Corp., RKO Midwest Corp., RKO Orpheum Corp. and RKO Service-'Corp/-'-:r• V(y»' •:i>' Leon Goldberg, now Treasurer of the RKO theatre companies, was elected Treasurer of the parent company and will serve as Treasurer 29 to holders of record Dec. 26. A dis¬ paid on March 10, June 10 and Sept. 10, amount was like since.—V. particularly groups 1940.:. amount to $1.75 per share, the same and July 1, 1 1941 will 1103. in 154, to Malcolm to members of 15, age extends move new had announced that such war clauses would company beginning Dec. 1940.—V. 29 16 announced the first steps plan for realigning the RKO organization. N. Peter Rathvon has been elected a Vice-President of the parent company. ■ All theatre activities will be consolidated under the direction of declared a dividend of 50 cents per share on the payable Dec. stock, tribution of effective affected. way cents on on April each payaments dividend a Dec. RKO war The purpose of imposing the war clause, he stated, is to avoid subjecting present policy holders to the inclusion of exces¬ sive risk on new business taken during the war period. no 1940 / 160,784 tons cents per share paid on April Radio-Keith-Orpheum be announced that, 17 payable George J. Schaefer, in Taylor, Sales and Advertising Manager; and Hays MacFarland, of MacFarland, Aveyard & Co., Chicago. - clauses will be included^ in all new life insur¬ ance policies issued by that company to both male and female appli¬ cants of all ages. Policies already in force, Mr. Douglas said, are in midnight, Dec. 20, •- cents 25 in five Charles B. special election was called to name a board member to replace the late Charles B. Hill, Sr.—V. 154, p. 154; ^ ••:•;^ *• » ; ■,<)"/', 1937; Applicants— last, 87 Va 1, and 16 at a special meeting of the stockholders. Hill, Jr., Plant Superintendent; Her¬ Dec. on include directors of directors of board The The directors have York—Extends War Mutual Life Insurance Co. of New 1941'' " of 62 Va cents per share on holders of record Dec. 19. 1, July 1 and Dec. 28, 1940, 37 Mt cents on Oct. 1, 1940, declared have with 37^ Northwestern 'Yeast- Co.—New Directors-1- 1 common Clauses Z 217,368 tons; stock, compares Total to seven members ■; • • ' Pay Dividend of 62%-Cents— common This The Muskogee Co.—Par Value of Stock Changed— By of >*v " . directors Tfte the as ■ mined To .1 1942. 1, President ; November— of Oil Co.—Production— Pond Creek Pocahontas Month . P- 1382- ,/ registration the share per Pursuant to the provisions of the trust indenture dated as of July 1, 1937, relating to said bonds, no transfers of bonds shall be registered on the registration books kept by the trustee during the 10 days next preceding said interest payment date.—V. 154, the announced 10 cents 15 last, 1, Jan. 1, 1942, on the outstanding first collateral lien bonds due July 1, 1957. Fixed interest of l>/2% on said bonds is also pay¬ ^ complaint in the U. S; District Court at Butte, Mont., enjoin the further sale of the common stock of this com¬ a to Oct. on payable able . of 1942, to 2, paid was V •, Co. .^announce a Christmas bonus of one-half a month's salary to employes with them more than a year and one week's salary for those employed less than a year. The bonus applies to the men who have been drafted or enlisted,—V. 154, p. 1495. ; . / ■ Lake Big subsidiary, its and company . 706. p. dividend a payable Jan. amount like A \ Plymouth Oil Co.—To Pay Christmas Bonus— holders of record De- 19, as compared wich 10 cents in preceding quarters. Total payments in 1941 were 45 cents per share, as against 30 cents in 1940. y?'.yy' The directors also declared a payment of income interest of 1V2%, dividend of 25 cents per share on the common stock to holders of record Nov. 26.,..This was the first distri¬ bution made on this issue since Nov. 15, 1940, when 20 cents was The company on Dec. 10 - declared have stock, capital 1941. Corp.—25-Cent Dividend— Service Public Missouri t •> directors The the ' of schedule. ahead month a In September, 1941, the Philco Corp. received additional fuze orders totaling $1,570,000, work on which will be started in the near future, along with that on the order just announced.—-V. 154, p. 1193,,; This North Texas Co.—15-Cent Dividend—Interest Pay't— A. Guy deposited pursuant permit abandonment by and necessity public convenience future and ' Dec. on bonds than more Niquero Sugar Co.—Bonds Ready For Delivery New Missouri Pacific RR.—Offices Moved— $492,955 f. 146,713 133,863 112,711 $249,929, $233,531 r' - ■ - -' 228,902 $4,629 154, p. 1496. Southern Natural Gas Co.—25-Cent Dividend— 11 directors have declared the regular quarterly dividend of 25 per share on the common stock, payable Dec. 31 to holders of record Dec. 26. A year and two years ago, the company had paid special dividends of 25 cents each in addition to the usual quarterly The cents Newport News Shipbuilding & Dry Dock Co.—To Pay, Special Year-End Dividend— The of 50 directors cents per on Dec. share on holders of record Dec. Distribution cents; V. June 154, 2 made and 19, to the common 1941. 2, year cents a > . are each; • . New The Process directors as follows: and Dec. March. 3, 1, 60 40 cents.— ■ declared a dividend of $2 per • share on the ' no stock, payable Dec. 29 to holders of record Dec. 19. This with 50 cents per share paid on May 1, Aug. 1 and Nov. 1, par common compares last; three $1.25 per share on Dec. preceding quarters.—V. 27, 1940, 151, p. completed ahead well of schedule on one dividends and 3751. 50 cents in each "y of the of 25 cents share.—V. 154, 192. & for Co.—$2 Year-End Dividend— have neany Corp. fuzes in the amount of $1,652,346, it was announced on Dec. 15 by James T. Buckley, President. Chief uses of the M-48 fuze are in ammuni¬ tion for 75 mm. field guns, 75 mm. howitzers, three inch seacoast gunS, and 105 mm. howitzers. Each of the M-48 fuzes contains 40 has and operations about to begin on a second order, Philco just been awarded a third order for M-48 point-detonating This ; deliveries separate special year-end dividend stock, payable Dec. 29, 1941, to v . .. < - this 50 Production of Fuzes Stepped Up— With order 1941, declared date Sept. 798. p. 17, ; 13 parts. corporation different fuze Production months in centrating ing on an sub-contracting with nine other manufacturers assembly parts. of fuzes has the stepped up rapidly at Philco been in recent factory that a year ago was con¬ the manufacture of chassis for radio sets. After receiv¬ metal-stamping educational an awarded 1940. is order Deliveries order for on for fuzes this in 5,000 the order early in 1940, Philco was of $2,060,525 in November, completed within two weeks, fuzes amount will be per p. Equipment Trusts Certificates Awarded—No Public Offering—A syndicate headed by Southern Pacific Co. The First Boston — Corp. and including Harriman Ripley Co., Inc., F. S. Moseley & Co. and Kidder, Peabody & Co. on Dec. 19 were awarded an issue of $4,430,000 one to 10 year 2%% equipment:trust certificates at 100 and interest, plus a premium of $100. There was no public offering as the issue was placed privately. The tween awarding the of issue at this price followed negotiations be¬ and the company after the latter refused to the syndicate ■, , -the bankers clgino) bid of "o.^s for 2!/2S bidding on. Dec. 18. At that time two Hauey, Stuart <k C^., Inc., 9».<so9 ior 2Vas, and Salomon Bros. & Hutzler, 99 for 2 Vis. The specific reason for the Southern Pacific's action on Dec. 18 in not making the award to the highest bidder immediately after opening the bids was said to be the sudden realization by one of the ^certificates award made through other bids the officials several funds head and istrator months the to munication the in ago Federal Jones, Jesse of on 154, there the hog 1941-42 will It year. be United estimated is Brokers production increased that Jan. The 1, to the heaviest of United is the Co.—Interest— Gas called Southern to that fact and on sider be Dec. 24 company will upon lien 6% of Nov. Lives and Granting Annuities, $1.50 per $50 principal amount of the bonds to which such coupons attached. This represents 3% on, the principal amount of the surrender of the pay are numbered coupons 11 attached to its first Period income bonds, dated as of June 1, 1936, at the principal office Pennsylvania bonds.—V. for Insurances Co. 148, 2444. p. ." such of Standard Brands Inc.—New S. Adams admin, and Mr. Officer. Adams V:; V1 Chairman comes —V. 154, p. 1496. ' 6,818,751 The Bank National Chase 1966 company are 7,918,962 7,973,452 7,844,666 definitive 2,111,655 550,532 2,170,138 762,441 3,070,591 647,590 Other the of with of the the largest 1,114,363 26,279,708 16,195,1^8 13,493,277 ______ 1,133,820 1,413,678 1,457,681 530,195 944,706 837,036 taxes_, 7,971,687 3,010,164 2,081,187 campaign advertising saies ri.v.'- American countries. The campaign will 1 * . i 10,826,470 9,117,373 *4,308,829 — income charges 10,826,470 357,014 1,204,150 10,321,523 8,882,150 share per held Dec. on Oct. on McNeill & 7,105,020 7,104,131 *3,493,978 7,103,259 5,921,761 $3.01 5,921,761 $1.89 5,920,535 Wage year; •V. 154, -p. 154, 1271.)—V. 1496. p. , * . ! - and cludes . $1.74 y. 'Real y-■■■ .v, ? v» i:L * • X: , .*• ' ,74.3 ' i •V Notes First annually beginning May 1, 1942. This saving. the year, the company settled its claims refund of processing and floor stock the Agricultural Adjustment Act, and its liability for windfall taxes under Title III of the 1936 Revenue Act. The joint settlement of these two claims was reached with the refunding > accomplished Government Ciaim—During against the Government for taxes paid in 1933-35 under the reserve to surplus. fore, heretofore been carried for this item has been xVV-X'-'r..--been Taxes—Provision has ing to $4,419,585. ub'oy, McNeill & have for in the latter act. of internal Revenue as provided Bureau made for Federal income taxes Libby—In previous annual reports Tnere- restored X--v amount¬ stockholders obligation under the Consent Decree Libby. In compliance with the court's order, this was accomplished during 1941. The proceeds were $7,636,000 less than the value at which the investment was carried, and this loss has been charged off during the year. v y Indictments—In various parts of the country, grand juries have sell to its stock individuals and Libby, McNeill <& against companies, trade associations in other activities, charging In some cases, Swift <& of its officers and employes have been included. returning been in indictments in business, as well as them.with violations of the Anti-Trust Laws. and Co. It some should be made clear those that indictments are returned by opportunity to hear only one side of a case that involves complicated factual and economic problems. Grand jury inquiries are in no sense trials, and guilt is not- established by grand juries Tne been whicn have had action. their " officers and , executives of Swift & • . Co., without vigilant in insisting on strict compliance with the laws. Neither Swift & Co., its officers, nor exception, have Anti-Trust and employes have conspired with anyone to violate the Sherman Anti-Trust Act or any other law. Directors of Swift & Co. have full confidence that when these cases all in other any way agreed or 169,602 121,154 $399,999 $719,052 $813,625 of litigation connection in with balance due Earned surplus 95,196,616 — r stock 12,555,767 —__ 6,009,798 154, 1940.—V. and At a 12,555,767 86,270,041 ■ welfare 11,459 5,437 2,853 159,240 — ... 251.083 1,806,275 — 1,754,185 5,618,394 $3,681,055 $4,084,480 of $4,007,718 in and 1940 in $3,976,396 1939. ; Co;> of only reso¬ by the board of directors of United Shipyards, directing a fourth distribution of 10 cents per adopted dissolution, Trust total The 152, New at the Commercial National Bank A stock York, agent, as presentation upon of to be paid on receipts for after and class A Dec. for stock % noted above as well as the three previous distributions. of aggregate the four distributions 3666. p. amounts to $12.50.— ,7:7.,:%; >. & Mfff. Co.—10-Cent Extra directors share Dec. \ the Jan. 1940 Dec. on 17 declared f' extra Dec. •/.. States Lines Co. First an dividend regular quarterly dividend of 25 15 to holders of record or 1941.—V. 152, j>. 1145. ,tV The Bank National of 25 cents per 31. No was > .*• •• cents share, extra 7 ^ per both paid V '. . .. i (Nev.)—Transfer Agent— of Jersey City has been appointed coagent for 1,500,000 shares of the 7% preferred stock.—V. 154, transfer 1385. p. Traction United held on Dec. 12, the stockholders approved the directors involving the acquisition of the Southern Asbestos Co. and also the creation of Co., Albany, N. Y.—Reorganization Plan— A of plan tentatively 154, p, 1384. See also V. the and United meeting of & Guaranty Co.-^-Extra Div,-^ United States Fidelity Co.—Expansion Approved— trust. 1,125,000 12,437 the provisions of the plan of complete liquidation, to were during of assets fixed a (non-current) the distribution v. 1600. Malleable on special $6,644,700 1,125,000 .//;• 7 .7 V-; Holders Of class A stock who have not received distributions Nos. 1, 2 and 3 should present their certificates at once in order to receive 313,980,381 314,279,331 p. recommendations $6,644,700 —.... endorsement of such payment. 15 declared an extra dividend of 10 cents per dividend of 15 cents per share, both payable Dec. 29 to holders of record Dec. 20. On Sept. 30, last, a distribution of 15 cents per share was made, as compared with 10 cents in each of the three preceding quarters.—V. 154, p. 548, 1007. Thermoid $4,084,480 /C-'\; 1941, 19, regular a 9,636 $3,681,055 - depreciation in payable directors and 309,608 4,035 share to the holders of class % 452,045 5,767,000 Dividend— share 233,681 277,018 depreciation of $102,952,925 in 1941 and $99,593,912 Haute Terre 136 665 221,811 assets... ^ Pursuant Inc., Drl,S28,837 Drl,842,721 - 1 143,900 6,158,440 lutions ; Tdtaf i-l*. : "■ 59,067 , United Shipyards, Inc. (N. Y.)—Distribution No. 4— 10,200,000 1,073,352 5,767,000 reserves ■'a , 1 mortgage loan— 1.000,000 decline for inventory price 414,632 360,923 *■'.'•.• 1 — payable 8,314,386 -companies— v .1 other and 3680. p. 1,250,000 affiliated 1939 $2,921,190 tRepresented by 900,000 no par shares. {Book value of wholly owned liquidating company (after deducting reserve equal to amount of operating losses and write-down since date of acquisition).—V. 150, 2,849,134 6,928,487 currently 1940 $2,652,809 20,556 Total 873,281 2,913,845 of with ; the with settlement tax !. receivable ( 3X Deficit 6,830,600 2,700,000 — payments accounts 72,898 tConsolidated. Subsidiary company ... Accounts payable and accrued liabilities— 11,250,000 — — reorganization (with amendments to Nov. 24, 1941) approved by the United States District Court for of District Northern New York on Nov. 24, 1941, and it directed was the that Carnegie Ewen, Reorganization Manager, mail copies to all known bondholders for their approval; also that the plan be submitted to the Public Service Commission of New York for that body's approval. Wm. Stocks, Inc.—$1.85 Dividend— Tobacco & Allied declared a dividend of $1.85 per share on the common stock, payable Dec. 29 to holders of record Dec. 23. This compares with $1 per share paid on June 12 and Oct. 15, last; $2.25 on Dec. 27, 1940, and $1 on May 15, 1940—V. 154, p. 549. The directors have The be can and The directors have declared a dividend of 50 depositaries cents per share 011 Previ¬ Trust stock, payable Jan. 2 to holders of record Dec. 22. common on at this 7 Co., Transcontinental Western & of ownership President The ago, of sale, a Air, Inc.—Acquisition- The 2. and Union Metal SEC P. M. has on been be were in mailed to the hands of thethe Jan. 19, 1942. approved by the following bondholders' pro¬ Consolidated for Eugene V. Coffey, Counsel. Committee for United Committee 3. Traction Co. 4%% Consolidated W. Morton, Nachtmann, ' for Consolidated Mortgage Bonds of Troy City Ry.— Chairman; Albert E. Cluett, William C. Feathers, William Leroy Shields and Edgar C. Stillman, Murphy, Aldrich, Guy & Broderick, Counsel. 4. Bondholders Committee of Albany Railway Mortgages—William Van A. Waterman, Chairman;, George A. Rogers and Thomas P. Ward, E. Sheary, Beach Marshall, Parker, Bratter & Manufacturing Co.—Delisting Hearing— 16 that a hearing has been set for Jan. 7 at its Cleveland Regional Office, on the application of company to withdraw its common stock (no par), from listing and registration on the Cleveland Stock Exchange. The application stated, among other things, that there has been only a small amount of trading in the security on the Cleveland Stock Exchange and that the manage¬ ment of the company is of the opinion that if the stock is withdrawn lrom listing and registration, the over-the-counter markets will pro¬ vide trading facilities.—V. 153, p. 113. The 4 Albany Frank St. Louis to Detroit, via Cincinnati, Dayton coast-to-coast system at St. Louis and . must Counsel. taps TWA's 154, p. 1059. acceptance Bonds—Morgan B. Griswold, Chairman; Seth Germain Savage and George W. Wriston, Martin T. B. leasing arrangement under which TWA has been route extends from Toledo The Mortgage Civil Aeronautics Board several weeks S. and plan Committee Ewen, announced Dec. 16 by Jack Frye, operating over Marquette's 564-rnile route. The CAB transferred the certificate of public convenience and necessity to TWA and the route is now formally absorbed in TWA's transcontinental system, Frye Dayton.—V. 6. named in the plan, the National Commercial Bank Albany, N. Y., and the National City Bank, Troy, N. Y., Mortgage Bonds of United Trac¬ tion * Co.—Harold E. Downing, Chairman; Robert H. McCart hy, Nathaniel F. Glidden, Charles E. McElroy and William Carnegie TWA. terminates of bonds before it tective committees: of the former Marquette Airlines to Trans¬ authorized by the Dec. on before or This 1. Transfer of bondholders ously the company paid 40 cents each quarter, the last payment rate having been made on Oct. 1, 1941.—V. 154, p. 60. approved by the court. the plan and forms of acceptance finally Copies the must have the approval of 66%% of each class the approval of the Public Service Commission plan involved Torrington Co.—50-Cent Dividend— continental & Western Air, Inc., was informed of company's *20,000 139,737 payable Notes important interest an *11,787 129,675 etc._ taxes 1 The business. this year, $1,250,000 mature 362,880 stock 150,000,000 13,674,151 debentures Treasury .8 Since the company's total dollar volume the total dollars Swift & Co. paid to agricultural producers as well as to employes and other groups listed in the tabulation increased substantially. - , 1 Refinancing—The $25,000,000 first mortgage sinking fund 3%% bonds due May 15, 1950, were retired in May, 1941., through the issue of $12,500,000 20-year 234% debentures due May 1, 1961, and $12,500,000 serial debentures on which the annual interest rates range from .35% for one year to 2.05% for the 10-year maturity. The serial debentures 293.511 stock Notes 12,5ob"66o i processing taxes, etc. first mortgage bondsmortgage bonds called for redemption— resp. 7.2 1.1 local tCommon 25,000,000 ;-X- fund precentages do not show the total number of dollars paid by Swift & Co. to these groups. This total varies with the total dollar company's increased 32% 150,000,000 for income taxes— Reserve These of 175,437 276,668 $467,744 litigation, and "After liabilities Provision in . volume 49,536 Liabilities— . 313,980,381 314,279,331 bonds debentures——__——— "After reserve for This analysis shows how average sales dollar was shared. By far the largest share of the dollars received by Swift & Co. from the sales of its products goes directly to producers of livestock, poultry, eggs, cream and other raw materials. i; 265,091 70,759 14,016 —_„r. First — payable Sinking " 100.0 —•- of Preferred 747,399 payable Accrued The ——^ 1,170,200 Serial debentures 12.3 3.3 cental1 holders of interest-bearing obligations, .2 cents,- and taxes, rent,' telegraph, telephone and miscellane- Total 332,943 67,991 260,533 Total 4.3 t ous, 3.7 cents—n ? — —— XDepreciation (to be used to.replace equipment, plants, etc.) Balance remaining with Swift & Co, as'earnings 392,489 13,927 Deferred charges Liabilities— y ' 4,537,685 — — General panies, ■' $183,836 67,323 Accounts 38,799,088 1,884,004 Capital stock First mortgage sinking fund 3%% Cents - $217,299 expenses Cash 30,480,970 119,420,156 subsidiaries—not 1 livestock, poultry, eggs, cream, etc.y__w— ,1'aid to manufacturers of suppliesjij.^«Lt;^»i .Paid to employes ;(plant and -office .Paid to. various- other agencies—Railrbad '^and trucking com- 37,999 $502,689 - — employes on from Total five-year -period 1937 through; 1941 was as follows: to producers of 24,231 Goodwill 35,443,221 ——.— — from Accounts 11937 $145,837 17,961 v)V, 1 /'• '." ' buildings, machinery and equipment..tBook value of wholly owned liquidating cos... 1,976,140 85,966,770 4,854,923 ^—— _—— 20-year 2%% 1938 $193,068 1939 $484,728... 276,485 plant Investments sale of company's stock consol. (current) charges Due Reserve i,-Paid City New 13,376 :,■ Assets—. Oct. 26/40 $ ' 59,541,039 and notes receivable^ Current •"! v 1940 $266,823 ______ "Land, 14,775,041 Sundry assets Serial dollar for the their cus¬ possible at ths had be Works—Earnings— Balance Sheet, Dec. in¬ 11,699,088 Due plus an increase in the sale of manu- lambs marketed, cattle, and of of broadest may $280,199 "Cost 100,960,293 101,235,779 including branches Inventories , pleyinenMnsurance and old age benefits taxes 13,610,266 Salesf. volume in terms of tonnage was .14.6% larger than in 1940. Dollar sales increased 32% over 1940%. ,v»v V.;R • ■'% '<*• vf. The -increase in tonnage resulted from the increase in the number made the cents on June 2, 1941. In 1940 the share on the common stock.—V. 153, income Inventories $ - impts., 1938 14,767,916 C Sales during the $1,018,989,223 year, net after adjusts. ($3.01 per share) 17,808,725 -Dividend payments to shareholders ($1.50 p6j share)___y - 8,882,150 '.Tuxes—Federal, - State and municipal,; including unem- : for securities Marketable ;AX* 'Earns., for the ; that corporation 50 per Years— Brough of Lodi, N. J. subsidiaries. Investments i The: 1941 fiscal year, which ended No»^ l, was a successful year Tjora the: standpoint of both volume and earnings. Following is a brief .summary of our operations; -; J -.n <^ f* statement *" Report ,1941 — John Holmes, President in his remarks to shareholders states: • ' estate, Deferred • foreign and Canadian Assets—• M. Hardy-has/been elected a director and Treasurer of the to fillthe unexpired-, term of -^Alexander Miller, deceased.— P/f.1289, v. •: f'*.-; U-'iih. A-i\; Swift & Co.Annual ■ The Comparative Consolidated Balance Sheet Nov. 1,'41 Sunshine Mining Co.—New Treasurer— ry■■,(■'. -Frank . ;, company cents Net loss provision for amount payable to employes being the part applicable prior to current subsidiaries. Canadian domestic, Accounts >tr.1 order in ! Hour Act, and .;r7 -.v.i't t- -, 10 Depreciation Note—The statements for 1941, 1940 and 1939 included wholly owned .domestic Trust on- \ Federal taxes). income depositing their, shares of 7%, preferred stock with the Glrard "Co., Philadelphiaj Pa.,- depositary.^ fFor further details, see by » ■i Idle premium and unamortized expense on funded debt this year, less $2,280,383 reduction in provision for Federal taxes arising from these charges. tReserve for balance of processing tax now restored upon settlement (not subject to retired provides that-f each share of 7% preferred stock be exhanged for one share of new $5 cumulative preferred stock and .two shares of common stock. % Stockholders may make the exchange difficulties consequent requests pursue the of compared with as paid $833,848 The, ' plan -f> to vote to stock Expenses 5,919,750 Nil accrued approved/-;.^;vt*.|.i"'y was paid, Cost $959,947 Libby; under 15, the plan of recapitalization; submitted by the directors 11, " firms all Profit tConsisting of $7,636,255 loss on sale of investment in Libby, "Loss. preferred and common stockholders the recently declared a dividend of 25 cents per share stock, payable Dec. 15 to holders of record Dec. 10. last, an extra of 25 cents and a quarterly of 25 cents 18, 1290. Other stock capital Earnings , special meeting of the 7% a- of Operating profit 1,003,235 11,183,484 ($25 par) Strawbridge & Clothier, Phila.—-Plan Approved— - C " At • 1417. p. member instructions United Piece Dye *4,497,213 9,117,373 income hand.—V.." 154, and common company 188,385 17,808,725 - of Shares *. cumulative of directors Sept. p. 1,507,999 372,230 $8,314,386 profit Dividends be carried on through Sterling's subsidiaries, the Sydney Ross Co. and Sterling Products International, Inc. \ Until recently Germany controlled 75% of the Latin American drug business, while the United States had -only 20%, with the balance divided between Great Britain,-Italy,; Japan and others, Mr. Rogers said. The German organization has large stocks of German drugs on '.V On *1,917,451 *' 17,149,667 (net)__ 9.494,339 • ■'■.'At. brokers Interest Net that undertaken in ever class a City.—V. 154, p. 1601. the 511,149 16,644,006 charges Special credit It will be extended shortly to cover other Central and South ^country. - *3,031,814 1,737,422 Profit "an economic war against Nazi control America," according to Edward S. Rogers, The drive was started on Dec. 14 in Mexico board. and Calendar drug trade in Latin Chairman • 11,755,856 3,192,448 Profit /'V'-"/ '-T'\ "V create United Aircraft Products, Inc.—25-Cent Dividend— on This corporation has started , . 13,002,570 — charges for Prov. Sterling Products, Inc.—Seeks South American Drug '' of names for The 1,378,574 income Special Trade— 653,695 24,901,134 income Interest deben¬ 2%% to 7,774,962 2,377,566 Operating income now and Additional copies of proxy soliciting material may be obtained at Farmers Trust' Co., transfer agent, 22 William Street, were that announces above the of 3,600,000, Bank York pension fund Other available for delivery in exchange for temporary debentures at its corporate trust depart¬ ment, 11 Broad Street, New York City.—V. 154, p. 1271. due the representation . taxes) Total tures to consisting of 265,669 shares (par $100). large amount of stock of the United Aircraft Corp. the meeting. 48,740,368 6,683,341 ; . the (par by the corporation in getting in touch with the beneficial thereof, the Department of Stock List respectfully requests tomers 52,711,260 6,957,916 49,265,178 6,915,881 Prov. for doubtful accts. Executive Vice-President of the succeeds Thomas L, Smith who be¬ board and will act in an advisory capacity. in members 725,686,111 53,982,681 Contrib. to Executive Oil Co. of Calif.—Definitive Debentures— Standard $ $ 691,986,754 678,748,063 expenses- come Chief He Co. the of and formerly was Colgate-Palmolive-Peet President held corporation, the effect of which will authorized shares of capital stock into $5); to increase the authorized num¬ of countered 771,573,482 756,731,537 793,816,615 and depletion__ (other than in-* Deprec. President, Etc.— elected been has $ * services 922,130,558 transmittal to their customers copies of for a special meeting of stockholders to which stockholders will be asked to con¬ upon the proposed amendment of the cer¬ stock shares of - Governors,, has made available to mem¬ at presently common view of sent 18 for action the on, Dec. Exchange: incorporation of Owners Selling, advertis'g, gen'l Taxes James $ rev.) 1,018,989,223 serv. sales & of Cost ' 1 n 1 (incl. Sales on of change ber Oct. 29,'38 Oct. 28,'39 the Exchange preferred stock, 52 Weeks Ended Oct. 26,'40 1,'41 of Instructs the following notice United Aircraft Corp., in accordance Exchange of the Board take and to shares (Iincluding Domestic and Canadian Subs.) 53 Wks. End. after the tificate In Attention members Stock proxy soliciting material be held on Dec. 30, 1941, years Consolidated Income Account York New the bers 1942 over the calendar year just ending, which has been year of Aircraft Corp. — Stock Exchange Regarding Proxy Soliciting— with Rule 871 ■ 1600. p. is of the past two decades, except for the. 1934-36 drought period. It is also forecast that lamb marketing will set a new record. :• % •' This means that the meat industry and Swift & Co. will have an increased volume during the coming year. The meat industry is an essential war industry and therefore, as a general statement, we shall Xnot be confronted with the problem of curtailment or diversion of our supplies of major raw materials. RFC, bankers.—V. the the 1633 with the individuals associated and that Co. forecast during the one on with pork for file, and with the best of the three bids received naming costs basis above the 2Va% level, the road had no alternative but to defer official award pending talks with the RFC or negotia¬ tions & ' • 1942,: will see a near-record number of cattle on farms, and the. De¬ partment of Agriculture is advocating increased marketing of cattle Admin¬ Loan Swift CD , will be exonerated. Outlook—The had written a letter to the carrier which he reiterated his willingness to provide a 2'/a % interest cost basis. With this com¬ of road that road the trial, company submitted: of to come on competitive were . & FINANCIAL CHRONICLE THE COMMERCIAL Number 4023 Volume 154 Seligson, History announced Dec. is Company at the time of an Dugan, of Barkhuff & Dugan, Counsel. Proceedings street railroad and bus company which, appointment of receivers of its property on Dec. operating the 30, 1925, owned and operated electrically equipped surface car lines only, serving the cities of Albany, Troy, Watervliet and Cohoes, and various nearby villages and towns. Transportation service was also furnished in Rensselaer and in certain sections of the cities of Albany, Trov and wholly Cohoes owned trolled through by the Capitol District Transportation Co., Inc., a bus subsidiary. The latter company, in turn, con¬ ownership of its entire capital stock, the K. L. W. M., ■ THE COMMERCIAL & FINANCIAL CHRONICLE 1634 Inc., an interurban bus line operating for; the greater, part on the easterly side of the Hudson River and furnishing an alternate route the cities of Albany and Troy, via the city of Rensselaer. The bus company was placed in receivers' hands on Nov. 6, 1930, ^ otherwise the. relationship of that company and the K. L. W. M., Inc., to the traction company remains unchanged. On Dec. 30, 1923, a suit was instituted in the United States Dis¬ trict Court for the Northern District of New York. In this proceed¬ ing, Harry B. Weatherwax and Neile P. Towner were appointed re¬ ceivers in equity b/ Judge Frederick H. Bryant. Subsequently, on April 1, 1930, Central Hanover Bank & Trust Co. instituted fore¬ closure proceedings as trustee under the traction company mortgage. On the same day the receivers theretofore appointed receiver;; in the equity receivership proceedings were appointed receivers in the fore¬ closure proceedings, and the general creditors' suit and the fore¬ it suit consolidated were under one Following advisable cause. of the traction On company. April 25, Nov. 6, of submitted Court the York appointed the bus Neile time Towner P. and still is the sole and the constituent causes thereof determine, to among of character receivership, its of operating operations. revenues largely because of the this successfully compete and automobile the with the low-rate the lines of modernization program tric speedier taxicab. wherever bonds pro¬ to operate over new routes of ganization renewal the 8, of the 1933, when trolley-bus bus motor franchise. 94 buses, ject to a The of which 84 bus garage the commission rendered company. opinion disapproving the original plan, .mainly on the ground that the company's net worth, as found by the commission, was insufficient to support a capitalization fop the new an in the amount proposed. Tnis was due largely to the commis¬ sion's refusal to allow any value whatever for the property use exclu¬ company sively for rail operations, because tnis property was being operated at a of any be cash the of lieu in would $300,000 option stock of new required be securities. for In in Amended in the plan for cash a payment of $250 in series SI.13 All holders afforded cash in an lieu All 3. of the receiving afforded are in cash of holders securities an lieu of Traction United to notes shares and provided for increased amended the stock common new plan of new the March dated $125 of reorganized ibi bond: $125 mortgage stock mortgage the reorganized five of of $20 has common to four have shares placed in a be voting reorganized trust company entitled. are The be a which fair reflection of Total bonded Claims ', $100 par)-^_-a_____j-^__-__- order All of the court dated March obligations of Neile F. by the reorganized Means new or before the date right the of reorganized cash in lieu of receive to alternatives and of to such is limited to a sum not exceeding that such elections woul^ exceeding $300,000, vhe amount the extent, amount an bondholders such to shall be reduced proportionate amount of securities of" the reorganized a com¬ pro com¬ ' J following table shows the maximum , only reorganized bondholder elect to the and issued of number series in lieu of securities To the extent that bondholders in addi¬ receive cash, the amount of series C of shares of capital stock will be reduced by company. the-Associated elect amount cash receive to amount C to notes and shares which would otherwise have to the additional bondholders. New Securities to Be Issued and Cash Distributions Existing Securities Cumul. Sink. Fund. Inc. Note3 Series A. • Outstanding-— consol. Albany - Ry. 5% 4% Albany Ry. general 5s, 1947-4-—Troy City Ry. .first the consol. 4j/2S, Shares Cash 14,664 $107,000 6,896 74,400 • ' $421,600 62,000 230,280 V? • 18,230.5 Co. 506,880 2004 $421,600 $852,660 33,792 73,582.5 $181,400" 1937. 152, p. Universal Leaf Tobacco Co., Inc.—$1 Year-End Div.— ? v; * common Capital 4 </o $53,500 $321,000 -V. Series C V 1-942,— United. Traction ■i. Series B - $321,000 5s, 1930 The dierctors have declared year-end dividend of $1 per share and a the regular quarterly dividend of $1 per share on the common stock, payable Feb. 2 to holders of (record Jan. 16. Extras of $1 each were paid on this issue on Aug. 1, 1939, and on Aug. 1. 1940; none since.—V. 154, p. 452. ' ' ' " both securityihey Western Union Telegraph Co., Inc.—Earnings— r is believed ?; «v Period End. Oct. 31— : ? V. 1941—Month—1940 Telegraph & cable oper. a ting revenues amort.a-vi maintenance All and other - 639,032 •Repairs Deprec. , and '522,610 -Net telegraph &-cable Oper. .revenues—.—. $6,499,000 Uncollectible oper. 12,500,000 Taxes , $1,562,228 • 4,735,524* 55,435,721-49,154,304 . ,. 567,084 ' 1,659,31.7 v.'":r? '' $1,505,248 $16,622,424 $12,531,518 : / 34,634 28,868 revs. assignable to oper. 5,458,.420 5,084,614 V' - 184,019 155,757 ' v, 160,288, -" 1,643,513 f;: misc. expenses-v^i• --,r. 188,409 1,895.892 1,823,676 V; '^ pensions general •. $8,658,622 $93,373,720 882,001,259 515,479 * 5,500,733 5,230,653 686,364 > 6,817,017 6,833,27.7 Conducting' operation.r'," 5,821;666 •Relief;departments and Air other 1941-vlO Mos.—1940 >■ $9,622,619 584,876 ' 679,651 - . 491,843 334,561 6,001,329 " 328,005 4,904,561 Interests to assumed No ' on ' Participate in Reorganization The United Traction Co. having been adjudicated insolvent April 13, 1939, no provision is made in the plan for stockholders. The claims of unsecured creditors are not affected by the plan, a compromise cash settlement of their claims "having been made pursuant to an ,; and securities new any distributed be to to been of United debt__j__a^-__-v-._i--._-X.__--_-.r.-------:-- (125,000 shares, cash the the .. Capital stock -' paid out to bondholders, including the Associated, the event, the "notes * Traction Co. ,YYyY;Y YY'-iYYY.y • .YY-" 'V ;i'.--?;-- Amount Albany Ry. consolidated mortgage 5% bonds due 1930-— $428,000 V Albany Ry. general mortgage 5% bonds due 1947-1-—-^ " 496.000:.; Troy City Ry. consolidated mortgage 5% bonds due 1942 ! - 2,000,000. United Traction Co. consol. mortgage 4y2% bonds due 2004 3,575,000-.: Securities be to the In the waived is tion obligations capitalization Outstanding rr cash ibi, elect to take cash shall receive such cash may receive of are the "omnan", series C income ;,otes and ia> of [ securities of the reorganized company to be issued in the event that ihe Associated of the United Traction Co., within the limits permitted by the Public Service Commission, and, as such, is proposed for acceptance and confirmation in the reorganization proceedings as a plan of reorganization uxnder and in accordance with the applicable provisions of the Bankruptcy Act. • ; of la) Disposition of New Securities the various classes of bonds- interests of the the reorganized shall be distributed to them. The . plan, containing the amendments and modifications, of in lieu of stock„provided in to distribution and pany income which stock common of the bondholder, have to consol. 5s, and to in first consoli¬ by the court, elect rata voting trust certificates representing the the provided Ry. Traction bonds who amount cash of company of City Troy for and $1,000 common elected require of of fixed be $300,000. vY Y Y:i"'vY-*•'■■■ ■ 0. the common stock of the all receive stock and notes C company. made for of Holders of City Ry. first consolidated and three .shares of -common series been 16 pany and securities. mortgage stock of ihe common stock common $1,000 each shares of : ' $1,000 Troy each United the option to "n'\ rr., Ry. general shares of and notes reorganized company therefore will shares Albany of each exercise the election to receive cash in iieu of securities of the reorganized company shall be conclusively deemed $10 of series C notes reorganized company. each $1,000 United Traction Co. consolidated Provision holders C $1,000 of exchange shares to com¬ stock ux common for only upon consummation of the plan. Bondholders who do not, In the manner and - the holders of bond: of 5. series each of holders company. the To stock '■ cash bond. (b> -' lo has been 1941, non- No common stock of the reorganized company is to be issued to ihe bondholders, but in lieu thereof there will be issued lo ihem voting trust certificates under the voting trust agreement, represent¬ ing the number of shares of common stock to which each is entitled. consolidated mortgage shares of nine and notes bond: of (d) C the holders of To (c) series of reorganized 24, 40-year present -- company. the To C company V oil principal series reorganized 837.37 in for each $1,000 United Traction Co. consolidated mortgage bond. . reorganized in at (c) ihe follows: as To the holders of each $1,000 Albany Ry. (a) bond: to in of of shares and notes $50.39 in on opportunity, at their election, to receive $97.37 in receiving the securities to be distributed unuer lue plan for each $1,000 United Traction Co. bond. 4. The allocation among the bondholders of income claims and distributed under ihe y{ mortgaere bonds be ihe r first amount form; consolidated Co. ./.v Co. consolidated mortgage bonds will in satisfaction of principal and all in¬ principal amount of bonds surrendered, with the Dec. 1, 1923, and subsequent appurtenant coupons r.ttached: (a) $240 of reorganized company 40-year non-cumulaiive rinking fund income notes, 4%, designated as series C, in fully registered Troy plan for each $1,000 Troy City Ry. bond. 1930, coupon: City Ry. Troy principal Holders 4. of each share of stock of the would otherwise receive under they Bondholders the reorganized company, or, in lieu thereof, at bondholder, $1.12 in cash for each of said shares, of mortgage receive ,'^y ■ vr v? rr City Ry. first consolidated mortgage bonds opportunity, at their election, to receive $50.39 in of 1, terest lieu in which company, plan. cash in C (b), dated a receive of Albany sinking fund income notes, 4%, designated as series C, in form; (b) 9.5 shares of common stock of the reor¬ company, or (c) at the optior of the bondholder, in lieu of ganized dated March 24, reduction of of the The V: of registered and Plan are: securities -V.'v':>-, $120 fully principal. to of cumulative the manner provided. The $300,000 to holders of Albany Railway bonds payments lieu upon consolidated mortgage bonds will receive in exchange for and in satisfaction of principal and all interest claims on each $1,000 principal amount of bonds surrendered, with the April 1, 1930, and subsequent appurtenant.coupons attached: v of distribution The of Holders 3. , f";r in lieu of securities of the reorganized cash stock mon be accept this The Associated of in new based To ihe extent Holders of The Albany Ry. general mortgage -bonds will receive exchange for and in satisfaction of principal and all interest claims on each $1,000 principal amount of bonds surrendered with the Dec. 1, 1923, and subsequent appurtenant coupons attached: 1 •' (a) $150 cash in reduction of principal; (b) $850 principal amount of reorganized company 20-year cumulative sinking fund income notes, ser. B 4% in fully registered form; (c) $125 principal amount of reorvganized company 40-year non-cumulative sinking fund income notes, 4%, designated as ser. C, in fully registered form; <d) 16 shs. of com¬ to shares cash ■- 2. holder and to 2. are ■ On Mar. 5, 1940, receiving of to of amounts will be issued, in electing to receive cash, then the amount of cash the Associated interests and by other bondholders receive cash reorganized the • The account of the York, principal modifications of the amended plan each tion, zation ox New elect Treatment Holders (a) of which receive bondholders •'saict' shares. mortgages undei Elects to Accept Cash stock notes, with may- by Public Service Commission, forth above are the maximum set 39 of $1,000 of Albany Railway consolidated mortgage cash payment of $150 in reduction of principal to each holder of $1,000 of Albany Railway general mortgage bonds. All holders of both issues are also afforded an opportunity, at their elec¬ r-v examination of the books lieu receive to by Provision 1. to several units of service equipment original plan of Feb. 20, 1939, was proposed in the reorgani¬ proceedings and hearings thereon were held, which resulted, among other things, in the appointment by the United States District Court of Wm. Carnegie Ewen as reorganization manager. The original plan, as required by law, was submitted to the Public Service Com¬ mission for its approval. Several hearings were subsequently held, after engineers and accountants designated by the commission had made an extensive investigation of the physical properties and an in not to exeeed__. 173,582.5 shs. reorganized company 40-year non-cumulative sinking fund income 4%, designated as series C, in fully registered form; and id) shares of common stock of the reorganized company, or, in lieu thereof, at the option of the bondholder, $1.13 in, cash for each of :v Associated than so contained bonds, company's physical property consists of complete title and 10 are sub¬ Disapproved filed as replaced by motor made income-notes and new other who The . lines in. the city of Cohoes buses were substituted under the terms Plan plan), be action plan amounts the appurtenant Jan. their exercising the election 10 receive will be reduced pro rata 1941, garage equipment. The K. L. W. M., Inc., owns 10 buses, six are heid under complete title, and four under a condi¬ sale agreement. The K. L. W. M., Inc., owns no service or Original further been from the date when all trolley buses, pursuant to modification of years (a) $250 cash in reduction of principal; (b) $750 principal amount of reorganized company 20-year cumulative sinking fund income uotes, series A 5% in fully registered form; (c) $125 principal amount of • with such modi¬ present and the several to District Modifications No equipment. elect reduction in which tional $3,467 The more exclusive is company's receiver's certificate; also such accorded and, upon —81,595,260 two Ry. consolidated mortgage bonds will exchange for and in satisfaction of principal and all interest claims-on ' each $1,000 principal amount of bonds surrendered, with plan. Southern exceed be cumulative the cash alternatives. 1. company, received pany and certain of who ejecting to held under are receive bonds. that be to Co. consists in the main of approximately 26 y2 miles of electrically operated surface road (measured as single track), all located in the city of Albany; 38 revenue passenger cars and 103 passenger buses; together with several units of trolley and bus service equipment, all of which are held under complete title. Company also owns an office building, one car house, five garages, two repair shops and equipment, substation. 1947, security holders changes of importance have taken place in the operations of the K. L. W. M., Inc. The physical property as presently owned by the United Traction one the to not 1852,660 receive in 2004, will said event company and the outcome of the negotiations for extension of the consents. Trackless trolleys were used operation Oc«. plan, in the acceptance Electric Corp. & series C not lo exceed____^_________ as - C notes. they would otherwise receive on their holdings of ihe They also own $52,000 Albany Railway consolidated mort¬ 5% bonds due 1930, and $65,000 Albany Railway general mortgage holders was to with and were which would otherwise be issued in respect interests will accordingly receive a total of $150,000 in lieu of securities* provided not more ihan a lotal of $300,000 in cash would be required for distribution io security the or Gas for reorganized of of the private competition required The first step in the the due cash, the granted under bus consents expiring on April 7, 1936, and extended to 1S42. The authorities of Albany have also indicated that they would make no iinal decision in regard to the renewal of these consents until after the company is reorganized. Operations are still being carried on over these routes by the bus company, pending the reor¬ and treatment modified •-••;.?•• : that by the trustees of the Associated Gas & Elec¬ agreed, subject to the approval of the United Btates have Court &<&. bonds due was Permission for $321,000 ~ income notes—. the reorganized company, the total amount of series C notes and stock to be issued by the reorganized company will be correspondingly reduced. pany which said bonds. gage July 1, the the and fund the Associated's interests electing mortgage 4Va% and $81,000 Troy City Railway first consolidated bonds due 1942, for which, upon exercising the afore¬ said election to receive cash, they will receive upon consummation of the plan, $146,534 in lieu of any securities of the reorganized com¬ owns for service. embodied their tThe series C mortgage 5% la 1.31 the bus company's operations were extended to reach certain of the.city of Albany that were lacking in convenient trans¬ portation amended v. „ and to elect the cash alternatives set forth. $1,463,000 United Traction Co. consolidated plan facilities This possible. the amended are for — 421,600 debt have cars controlled Corp. District sections until of amended Interests taken in 1931 when motor buses were trolleys on one of the lines operating between the cities of Troy and Cohoes, and by. November of 1933 all the remain¬ ing car lines of the Troy Division were completely mortorized. The almost immediate and tangible benefits resulting to the riding public and the company from this change-over led to a further expansion of mortorized service in the following year on the two interurban lines, connecting the city of Albany with the cities of Troy and Cohoes, respectively. In the same year a shift from car to motor bus opera¬ tion took place on one of the local lines in the city of Albany. : Early in 1936 application was made for permission to substitute buses for trolleys on two of the remaining car lines, of which there are five in number, all located in the city of Albany. The city authori¬ ties at that time indicated, and they have since publicly stated on several occasions and particularly at hearings before the Public Service Commission, that no further applications for mortorization of ihe remaining car lines would b6 considered until after the reorganization of the company was completed. The receivers in 1936, with the approval of the court and the Pubtic Service Commission, purchased an independently owned and operated bus line, operating between the main business and shopping centers of the city of Albany and Elsmere, Voorheesville, Delmar, Slingerlands and New Berne, and the adjacent territory lying to the west and southwest. The acquisition of this bus line extended the field of operations to a suburban territory of promising growth and develop¬ ment and, at the same time, the riding public of both the Albany and suburban areas affected were directiy benefited through the increased facilities afforded, as well as by the transfer privileges which were established between the newly acquired bus line and all inter¬ connecting trolley and bus lines of the traction system. substituted in that Commission Associated apparent that the old-fashioned methods of local transportation could of Service termination ether longed business depression and the continuing competition of the private automobile and low-rate taxicab service. While economies were effected to offset this loss in revenues, it became increasingly modernization notes, Service Commission Public bondholders ; designated Total to the Public Service Commission iaw. -; The reports of the special master and the testimony and evidence introduced at the court hearings were used as a basis for ihe de¬ company's physical properties and During the early years of the declined 4% 4% pursuant any necessarily taken place in the the the the modifications the to Public required against the capital stock of the Capitol District Transportation Co., Inc., held in escrow by the Central Hanover Bank & Trust Co., trustee, under the mortgages, and to allocate said stock among the respective mortgages. The sp'ecial master rendered two reports to ihe court, dated Sept. 23, 1935, and July 1, 1937, both of which were confirmed by the court on Jan. 24, 1938. Since the receivers took over the property on Dec. 30, 1929, changes not of capitaliza? ' the and of the series A and B provisions court directed The (which the expenses of the receivership allocable to the various mortgages, and further to determine the liens, if any, of the respective mortgages in books written notice dated March 31, 1941. ; Thereafter the changes in the plan recommended submitted validity of the lien and preference or priority, of such bonds or other obligations secured by mortgages or deeds of trust on the property, and also to determine the income and have 5 % B Capital stock—all common stock (no pari the of examination the of A Series Nov. 6, 1940, was thereupon prepared and approved by the United- States District with instructions from the court to submit the Public Service Commission for its approval. to interest fications , claims Series dated recommendations feasible. The K. L, W. M., Inc., is not now nor ever has been in the hands of a receiver or trustee. ' A:' Harold. W, Main was appointed special master in the consolidated things, the 40-year non-cumulative sinking . the bus company. cause of *20-year sinking fund income notes— 1940, plan new securif it is anticipated tion tentatively 20, and issuance of that the authorized and outstanding reorganized company will be as follows: ties, f <' by the Public Service Commission were embodied in the amended plan dated March 24, 1941. The court, by order dated April 14, 1941, directed lhat court hearings be held as to the fairness, equitableness and feasibility of said amended plan and that any one desiring to propose modifica*tions or changes or who had any objections to the amended ;olan would be given an opportunity to be heard and to present pioof. Notice of this order was published. Court hearings were held in May, After the completion of the testimony offered at said hearings, 1941. various conferences of counsel for the interested parties were held by There¬ Judge Bryant with a view to expediting the reorganization. after, on Oct. 23, 1941, Judge Bryant rendered a decision finding ihe amended plan, with certain modifications, was fair, equitable; and by 1938, receiver Securities to Be Outstanding Upon Consummation of the Plan ." '.. . Upon completion of the reorganization adopted by the reorganization manager and tentatively approved by an- order of the United States District Court, dated March 24, 1941. iThe com¬ mission was advised of this action by the reorganization manager, Harry been v Submitted Plan respect to the sinking fund provisions of the series A, B and company, has plan further a cumulative Corp., complainant, Inc., defendant," and that amended The Finance eral The cash requirements of the plan will be met from the cash held by the trustee of the debtor subject to the approval of the court. 1 i , property of v.he company, public hearings were held by the commission, following which the commission rendered its decision, dated Feb. 21, 1941. The decision stated that the amended plan would be in the public interest if it were further amended in certain particulars with respect to the B. Weatherwax and Neile ?. in a cause entitled "The Gen¬ against Capitol District Transpor¬ tation Co., thereafter this cause was consoli¬ dated with the pending consolidated cause in the traction company receivership. The receivers operated the system of the bus company until Dec. 16, 1937, when Harry B. Weatherwax resigned, and since of the plan of reorganization unless the court so orders. The trustee of the debtor will transfer to the reorganized company all the property and assets of every character of the traction company. the i and to Nov. on After the United States District Court for the Northern 1930, New receivers outcome. amended An proceedings is consummated, it will result in an early and satisfactory termination of the foreclosure suits without resort to the lengthy and more expensive method of foreclosure and sale. On authorize ''Interest under the 77B District to the Amended the appointment of the trustee was made permanent. While the fore¬ closure suit is still pending, if the plan of reorganization instituted Towner refused such to revise ultimate : properties drag on the system until a also commission first new original plan in order, to conform to the views of the commission rather than to contest the issues in court and, thus, entail further delay and expense, with no certainty as to the on May 25, 1931, Central Hanover Bank & Trust Co. complaint as trustee under (1) The Albany Railway con¬ solidated mortgage; (2) The Albany Ry. general mortgage, and (3) the Troy City mortgage, and an amended and supplemental bill of complaint as trustee under the traction company mortgage, praying, among other things, for the foreclosure of the respective mortgages, By order of the court, entered June 1, 1931, these causes were cbnsolidated with the consolidated cause, above mentioned, and Harry B. Weatherwax and Neile P. Towner were appointed receivers of all the property belonging to the traction company and covered by or embraced in the four mortgages. The receivers continued to act as such until Dec. 16, 1937, when Harry B. Weatherwax resigned, and thereafter and until the appointment of a trustee under the reor¬ ganization proceedings, the system of the traction company was operated by Neile P. TaWner, the sole remaining receiver. ; ; v On July 11, 1934, the traction company filed in the United iltates District Court for the Northern District of New York a petition under Section 77B of the Bankruptcy Act, as amended. A supple¬ mental petition was filed on March 13, 1938, and on March 28, 1938, effective April 1, 1938, the petition was approved and Neile P. Towner was appointed temporary trustee of the estate and authorized to take over from himself, and did so take over, the possession and opera¬ the The Tuesday, December 23, 1941 disapproval, the reorganization manager carefully considered the changes which appeared to be necessary to meet the objections of the commission and these were the subject of much discussion with holders or representatives of holders of substantial amounts of the various classes of bonds. Although the reorganization manager and those with whom he consulted disagreed with the prin¬ ciple upon which the commission had based its decision, it was deemed Thereafter, of the of mortgage bonds which it was proposed to give to the holders of the two Albany Railway issues in exchange, par for par, for their present holdings. Further, the commission dis¬ allowed any payments of cash to be made to the Albany Railway bond¬ holders, on account of arrears of interest, as originally proposed. filed bills of tion probably continue to be eliminated. was issuance between closure and it would loss 28, 1938. Towner, as Execution Nonoper; y, Gross trustee, will be "$966,276 income from $978,7.71 $10,286,534 V $7,298,952 * - $1,075,647 income Deductions the debtor's 1,289,572 . $8,588,524 gross 566,002 income 1,314,583 102,818 $1,081,589 $11,601,120 581,149 $509,645 $500,440 . 5,765,283 5,839,248 $5,835,837 $2,719,276 ;Y company. of Operating income__i_ . of Plan corporation will be formed for the purpose of carrying out *T°t -V. income 154, p. ..^_. 1602. ' ■'"* > ir * . their < payment was made Dec. 12, 1941. 17, ' , at, least •.on .Earnings for 48 Weeks Ended ; :: ■'< earnings before taxes—— Total Federal Net income further a national 3,600 : v " > on To Pay Bonus of 6% The than 300 companies. the following defense materials: ,' < ' ■ adjustments wage For Defense on $961,544 900,000 of ori anti-aircraft for December in salary and with its wage and 6% in accordance 154, p. 1602. paid In November.—V. was of $1 of $1.50 per share and the regular quarterly divi¬ share have per been declared the on stock, common 27 to holders of record Dec. 26. An extra of also paid on this issue on Dec. 23, 1940.—V. 154, p. 1600. I; ',v guns. employees payable Dec. ■i\ "Special land, sea and air radio equipment for the Army and Navy; our Radio Division plant has been more than tripled in area to keep $874,807 800,000 — Dividends units dividend extra dend ^"Control equipment for tank guns—production steadily Increasing. control to Employees— bonus a its Wheeling & Lake Erie Ry.—Extra Dividend— ; Land '—2 "Parts for pay to A bonus cf 5% salary plan. An $1,845,776 $1,223,634 l'.ri^::A-;-,.-f884,232\-:.vl 348,827; will company , of approximately $30,000,000 will and . cost paid for by the Government, employ 3,500 workers." plants, total orders; defense ; ;•> manufacturing divisions is working national defense projects; most of them , means '/kfS-'s Nov. 30,'41 Nov. 29,'41 taxes——;.;.;———.—— earnings of the time part three-shift basis. a "As gency orders to more ."We are producing 1 ' than more ; V ; .• stepping up output of defense materials, Westinghouse has "farmed out" more than $12,000,000 worth of emer¬ * -.'.v;,; \ received value, more than $300,000,000. "Every one of the company's 26 1941, unanimously voted that as , additional compensation for services rendered during the ^calendar year, there be paid to the company's employees who were on the payroll Nov. 22, 1941, a sum equal to 8% of the total amount earned ' by such employees during the 52 weeks ended Nov. 22, 1941, and meeting Nov. "We, have - Veeder-Root, Inc.—Bonus to Employees— -Directors at 1635 THE COMMERCIAL & FINANCIAL CHRONICLE Number 4023 ' Volume 154 both $1.50 was (William) Whitman Co., Inc.—Sells Mill— with this work and is now handling military orders 100%. ""High-speed X-ray equipment, which can be erected on a battle¬ up Surplus — •Earnings share per Comparative Assets— Cash S. • , Government and ; v 1,022,046 » ! 1,121,594 receivable——L— 229,249 397,524 1,341,392 1,835,006 158,444 ——— Qther assets % in •, subsidiary companies, cost— 183,850 208,203 ■Liabilities—- Dividends Accrued Accrued Customers' 1,033,353 321,631 deposits surplus Capital miscellaneous - — suvplus producing them • safely. in Army power : .."Radio sending _——• 2,500^000 701,334 —i————i—u——---- K r 701,334? The and $5,592,372 $6,642,633 i.-— at 80 work propulsion equipment merchant vessels. on 154, p. '' Navy, and A the "Since our to report the stockholders emergency began, is steeply production was • in part: ? 0 have doubled our total output and common have declared dividend a of Dividend— $1.25 share per the on last, while 154, p. 698. Dec. on 1940, 23, of k/'j.. dividend Initial an !■; $1 (William) Wrigley Jr. Co.—Extra Distribution— for than of 25 more dividend extra An of 50 cents per share has been declared on the payable Dec. 27 to holders of record Dec. 20. An extra paid on May 1 and Nov. 1, last, and regular monthly of 25 cents were paid during the year. Total payments stock, cents was distributions the in 1941 p. 1061. operating up. STATE 25 common Pa., is 100 Navy ships equipment propulsion being produced at this plant for will amount to $4 1940.-^V, share, the same as in per 154, Zeller's, Ltd., Montreal, Canada—November Sales— Period End. Nov. 30— . says we share has been declared on the per payable Dec. 24 to holders of record Dec. 13. Distribu¬ cents each were made on this issue on March 25, June 27 Sept. 30, paid.—V. Philadelphia, light 10,000,000 homes—or nearly half the wired homes in America. "Driving gear for 114 Naval auxiliary vessels is being produced at the Westinghouse Nuttall Works in Pittsburgh. "Gun mounts, torpedo tubes and other ordnance equipment are being built at two ordnance plants which Westinghouse has built and its Westinghouse Electric & Mfg. "Co.—National Defense ' cents rto ' Orders Total Over $300,000,000— 15 ' if made to turn electric generators, would furnish enough power "Ship 1272. including Federal taxes, stock, of tions ■ -V. of directors at South Westinghouse Steam .Division, 809,258 t873,115 tLoss.—V. 154, p. 1307. payable Dec. 29 to holders of record Decf. 10. Previously the paid dividends at the rate of 10 cents each quarter.—V. 151,, common Ant* on tlie ®ea "..-."The- => all charges 1940 1941 $21,781,445 $14,577,4371 ——— Woodward Iron Co.—$1.25 Common for airports and seadrome lights capable of con- K 1,174,872, 1,476,667 — ' . 265. p. and con¬ '-.X'i'-X , ^ — company and fair leads 'IT;- and receiving apparatus. ^'Lighting systems - Subs.)—Earnings— (& ; dividend A stock, planes. fuses, now being turned out at a high rate. parts for aircraft, including Micarta pulleys planes. ; 2517. p. Woodley Petroleum Co.—Larger Dividend— making are for military airplanes. generators and voltage regulators to supply ! Sept. 30— j profit ♦After planes our we sales •Net ''' keep to Some things Ended Years Net ; are: 151, Motors, Inc. . ^ equipment vital land to Verting open waterways into landing bases for seaplanes." now Total is Arlington Mills above.—V. Willys-Overland 56,056 contracts on • • for maneuvering 265,898 2,500,000 "Plastic 451,518 L~ payable next year_!l.r— reserves, Capital stock Earned 46,348 (200,000 shrs. without par value) and electric trol 400,000 94,878 1— See soldiers. wounded meters "Lightweight $52,402 350,000 payable in current year taxes, Accruals defense "Special "Bomb payable taxes, /. . enable and air for 208,203 $108,714 payable--.-!-^-——— of examination V i accounts '.. "Westinghouse flying $6,642,633,v $5,592,372 Current for :Vr•.-j■ >;In the Air 857,956 net—L— '. 2,001,184 minutes largest single orders for these ever placed is being produced at our Mansfield Works.!'-'; 'X'-X'ti .."Fluorescent lamps for 'blackout' plants and others. V '.'Secondary networks for defense plants. These are systems of power circuits and equipment so arranged that if one part of the factory is destroyed, current will continue to be available in all undamaged sections." 250,300 & 10 .-^/'Army/binoculars; one of the $1,187,920 L~-'d obligations-— accounts Fixed assets,, Investments $4.37 $1,238,134 Treasury notes Notes , -field in Balance Sheet /V " '■ Nov. 29,'41 Nov. 30,'40 _ Inventories : ! • —' S. U. U. L— —— v t$25,193 shares' of capital stock' without par value.^ tDef lciti *On 200,000 ■ $161,544,V ■ $4.81 » —— the for Navy at Canton, Ohio, CITY AND Louisville, and Sales 154, 1941—10 Mos.—1940 1941—Month—1940 $914,940 - —V. These Ky. $786,438 $6,007,583 $7,421,769 664. p. DEPARTMENT BOND PROPOSALS AND NEGOTIATIONS ARKANSAS The report, ■ based on operations at the close of the 1940-41 .Corning Sch. Diat. No. 8 (P, O. _ ij ; Sale Details—We disclosed that the current surplus was increased due to rev¬ enues exceeding expenses. Bonded year, Corning), Ark. i , Bond . fiscal under¬ stand in connection with the sale indebtedness was further reduced of $87,100 3% refunding bonds to and tax delinquency for the year J. Raney & Sons, of Little dropped to 1.04%. Rock, at par, report of which ap¬ "Toe budget was balanced on a peared in our issue of Dec. 9, that cash basis," Boyd said in his re¬ the bonds are dated June 1, 1941, port. "No statement beyond that in the denom. of $1,000, $500. is necessary to emphasize the cur¬ $250 and $100, and mature Jan. I. rent soundness^^ of th^ toances of as follows: $2,600 in 1943, $3,000 the city- and county." '■ in 1944 to 1946, $3,500 in 1947 to For purposes of financing civil¬ 1952, $4,000 in 1953 to 1956, $4,500 ian defense activities, an emerg¬ in 1957, 84,000 in 1958 to 1962. ency reserve fund of $281,700 re¬ $4,500 in 1963 and ,1964 and $5,000 mained a^ bf;;last Jhn^; 30»;.;In ad-in 1965, callable at par and ac¬ dition to this amount, which can crued interest on any payment be used under the Mayor's emerg¬ date from funds of any source. ency powers for the protection of Prin. and int. payable at the lives and property a cash reserve Commercial National Bank, Little fund of $3,257,592, which can be Rock. Legality ;, approved v by tapped to meet; war emergency Wallace Townsend, of Little needs. ^ Tv ,>■ *• ; .-L Rock. " ' *. City and county revenues dur¬ Richmond Arden Sch. Dist. (P. O. ing the year amounted to $52,707,382 and expenses, including gen¬ Arden), Ark. v;;-;./ eral bond, redemptions, were $52,' Bonds Authorized—We under¬ stand that the State Board of 134.693, resulting1 in ^transfer of Education recently authorized the $572,686 to the current surplus. Taxes levied for the period totaled issuance of $19,980 not exceeding T. $20,000 from July 1, 1943 hearing is scheduled to be held at the Federal Building, Orlando, on 1947, incl. 123,000 4% refunding bonds. Due Feb. 20, at 9:30 a.m., at which; cola), Fla. on July 1 as follows: $25,000 time the court will hear and con¬ Elections Scheduled—The Board in 1948 to 1950, $5,000 in 1951, sider any and all answers or ob¬ of Public Instruction is said to ; $30,000 in 1953 and $13,000 in jections filed by the creditors on have approved of elections to be 1954. All bonds maturing or before 10 days prior to Feb. held on the following dates to pass after July 1, 1951, will be 20. Creditors are also notified to on bonds aggregating $35,000: optional for redemption prior file on or before the date set for On Jan. 15—$15,000 Sch. Diet. No. to maturity at par and ac¬ the hearing with Hon. Allen E. 15 bonds.. Due in 25 years. crued interest on any payment Walker, Winter Haven, sworn On Jan. 20—$10,000 Sch. Dist. No. date on or after July 1, 1951, proofs of claim setting forth 24 bonds. Due in 20 years. provided such notice of any claims and interests together with On Jan. 22—$10,000 Sch. Dist. No. such redemption shall be original bonds or coupons, or in Due FLORIDA to Escambria County 18 bonds. (P. O, Pensa- Due in 20 years. given by publication at least lieu of such: bonds or coupons a once not less than 30 days' certificate of a bank or trust com¬ prior to the redemption date pany that such bonds have been » - - , , • refunding 3V2% $35,162,785, bonds. $367,339 Win- Winthrop Sch. Dist. {P. O. ■t end of which all except collected before the was. of the fiscal year.; ,:.;".;, '' '7'^7'7' throp), Ark. ■/; p Boyd noted that bond interest Bonds Authorized—It is report^ and redemption requirements on ed that fhe State Board of Edu¬ funded debt will total $222,635,431 cation recently authorized the is¬ in 1978—the date of full retire¬ 7 . Pinellas County (P. O. CleariXXlX-X/yy water), Fla. ■'■■■] Additional Information — The gen Louis, at a p. 1474—are in the denomination $1,000 each, are dated Oct. 1, 1941, and were purchased at par, divided as follows: $92,000 matur¬ ing Oct.' 1, $5,000 in 1942, $7,000 in 1943 to 1946, $8,000 in 1947 to 1950, $9,000 in 1951 to 1953, as 2Y2s, $153,000 maturing Oct. 1, $9,000 in 1954 and 1955, $10,000 in 1956 to 1958, $11,000 in 1959 to 1962, $12,000 in 1983 to 1966, $13,000; in 1987,. as 3s, and $55,000 maturing Oct. 1, $13,000 in 1968, and $14,000 in 1969 to 1971, as Midland of The Union Sch.' ~Dist. \ Calif. , Election—It is reported 7Bond that are to be met." stated by D. C. Smith, Attorney suggested, however, that no for the Board of County Comfurther general obligation bond issues be submitted to the voters, missioners, that an election which was to have been held on Jan. 13, but that a election has been called , . He to of Ik Bond $50,000; park improvement bonds, has been indefinitely post¬ poned in view of the existing na¬ tional emergency. Sarasota Contemplated— Election County . We following article'.* v Denom. Council- reeently C o., Trust New York. (P. O. Beach), Fla. Palm West Validation Bond Requested— that validation of We understand bonds and be to are issued under the to accept delivery and make payment for the bonds before Jan. 1. Enclose a certified check agree for gl;7777'::; DeKalb at of the least 2% of bonds amount principal which for the GEORGIA County O. Decatur), (P. Ga. v: Recommended—It Issue Bond The successful bidder must ness. bid is made. understand' Tax ; r " is reported that an issue of $300,jail and court house addition 000 bonds has been recommended by the December term of the County Grand Jury. Seminole County (P. Fla. Bond that South Side Con. Sch. Dist. . Election—We election an has understand been called 27, to submit to the voters issue of $150,000 county hos¬ for Jan. an and '• $50,000 fire equipment bonds. $100,000 . 3Y2% refunding that the election an future near voters an issue V ■ ' / Debt The bonds. Idaho (State Composition Plan Filed— of the above town being notified that a petition has been filed in the U. S. Dis¬ in and for the South¬ of Florida, submit to the to of $10,000 build¬ ing bonds. Orlando Division, for the approval and con¬ of a plan of composi¬ firmation tion for the debts of the town. A Sale Bond creditors District in .': - are ern be held is to IDAHO Tavares, Fla. trict Court , understand Election—We Bond (P. O, Ga. Quitman), O. Sanford), > imposed by the war emergency. West Palm Beach Sch. Dist. int. pital construction bonds. 7 Special that.^the-; City ; School District No.t 1 (P.O. r Sarasota), Fla. ; authorized NorBond ris Montgomery^ City Attorney Offering—T.' W.: Yar-i. Stability of the municipal fiscal to make preparations for an elec¬ borough, Secretary of the Board '•» structure was shown yesterday in of Public Instruction, calls for tbe annual report> of - Controller tion to submit to the voters bonds sealed bids Until 2 p.m. on Dec. 27, Harold J. Boyd,1 which pictured aggregating $215,000 and divided 'or the purchase of the following the city in an excellent financial as, ..follows:.. $165,000 .incinerator b^ds aggregating $223,000: condition to meet new burdens collection trucksand buildings "Chronicle'-'-of Dec. 12 carried the ' payable J-J. provisions of Chapter 15772 of the Laws of Florida, 1931, for the purpose of refunding a like prin¬ cipal amount of bonded indebted¬ submit to the voters an issue .' Santa Barbara, Calif .t. Xi J I City's — tained, City. wjll be sold to the an issue of $395,000 refunding highest and best bidder for cash, bonds was requested by the Board and are part of an authorized of Public Instruction in a petition issue of $495,000, and are to be filed in the County Circuit Court general obligations of the district recently. The bonds will be dated secured by ad valorem taxes on in 1942 and mature in 1956, bear¬ all the taxable property therein ing interest of 3V2% to 3%%. ,reserve . Fiscal i Structure Stable The San Francisco certificate of the clerk of the finan¬ published in New court in which judgment was ob¬ newspaper or " for capital im¬ V for Jan. 6, 4a submit to the voters provements could be built up by an issue of $12,500 construction authority of a charter amendment ■.and equipment bonds. ss creating a "reserve for public im¬ provements fund.." : v; ■1 San Francisco, Calif. an Postponed—It is or if bonds or coupons have been rendered to judgment, a Dated-July 1, 1941. Prin. payable at the Marine $1,000. and if current demands Falls (P. O. Oroville)i York Interest net interest cost of 3.97%—v. 154 Bond Election a cial journal & Co. of New York, and Stifel, Nicholaus & Co. of St. general deposited, of newspaper a circulation in the county, and also in funding and improvement certifi¬ cates sold jointly to B. J, Van In- of $12,000 ' not exceeding ment.:;; While this can be used as 3%s.;^ refunding bonds. \.. an argument against further in¬ St. Lucie County (P. O. Fort debtedness, the Controller said, Pierce), Fla. "further capital must be required 7 CALIFORNIA * Feather in Deputy County Clerk states that the $300,000 water revenue re¬ suance 3Vo% , . ; that reported of) Details—It the is now- $28,000 3% semi-ann. Lewiston State Normal School refunding bonds sold to Ferris & Hardgrove of Spokane— v. 154, p. 1419—were purchased 97.50, and mature as follows: $1,500 on July 1,, 1942, and Jan. at THE COMMERCIAL & FINANCIAL CHRONICLE 1636 i and July 1 Jan. 1, 1951, giving a and $500 on v IOWA ville), Iowa Bond Sale Details—The County Treasurer Authorizes (P. O. Cairo), Bridge $2,525,000 Purchase Rev. Bonds—The Board of Supervisors recently adopted an the issu¬ ordinance of ance authorizing $2,525,000 revenue bonds acquisition of the finance to highway bridge across the Missis¬ sippi River at Cape Girardeau. numbered The bonds 1725 will bear 3V2% 3%s. 1 to Part now reports that the $50,000 (not $59,000) semi-ann. bridge refunding bonds • sold jointly to Jackley & Co. and the Carleton D. Beh Co., both of Des Moines, as 2s (as noted here Sept. 27, were purchased at a price of 100.62, and mature as follows: $5,000 on Nov. 1, 1949, $10,000, May and Nov. 1, 1950 and 1951, and $5,000 on May 1, 1952, giving a basis of about 1.93%. interest and 1726 to 2525 will Hartley, Iowa will of the bonds those numbered be from Bonds cent the voters, by a and the bonds prior to maturity; The obligations will be payable solely from bridge revenues and "shall not constitute a debt of any kind or character whatsoever" against the county. The bond issue will be handled by Stifel, Nicolaus & Co. of Chicago. I Bond Sale 2%% III. Atlanta, 1 street Details—The $15,00C bond; improvement reported sold in v. 154, p. 226 purchased by C. E. Bohlander & Co. of Bloomington, at par were , bonds The from 1943 to mature 1952 Johnson Council City authorized recently of 1 City, III. Authorized—The Bonds issue Jan. on incl. $32,000 water an stated by the Town Clerk that at a re¬ gations to mature in 1966. Pro¬ vision is made for redemption of serially is Approved—It the balance will consist of sihking fund obli¬ mature election to 121 were Sale Details—The $7,000 White-Phillips Co. of Davenport 154, p. 418—were sold at par and mature $1,000 on Dec. 1 from —v. 1943 First Bank National of Chicago, 2% water bonds sold at par to the Bank of Toulon and the First Na¬ tional Bank of Wyoming, jointly 1419—mature Dec. 1, $1,000 from 1943 to incl., and $2,000 from 1946 ; —v. 154, p. as follows: 1945 Toledo, Iowa City Treasurei now states that the $10,000 semiann. swimming pool bonds sold to the J. J. Kelley Co. of Des Moines, as noted here on Oct. 18 were purchased as l^s, at a price of 100.32, a basis of about 1.46%. KANSAS Bond (P. O. Hoxie), We Election Contemplated- understand that is to be held in the near the voters submit to election an future to $50,000 con¬ struction bonds. KENTUCKY Carroll County (P. O. Savanna, III. Bond Election of tion issuing construction An election on — will be held Jan. 27 the ques¬ $50,000 eral Government has hospital The bonds. Fed¬ appropriated Carrollton), Ky. Bond Issue? Approved—An As¬ sociated; Press dispatch from Frankfort on Dec. 8. reported as . follows: Approval of two Carroll County bond issues, $113,000 to cover part of the cost of the project, according to re¬ port. the one of $65,$10,000, to pay announced by 000 and another of off old be Cannelton, Ind, used ance Sold—An issue of $140,water and electric revenue Bonds 000 was sold to the City Secur¬ Corp. of Indianapolis. bonds ities Gary, Ind. Bond Sale—The $75,000 coupon city garage construction bonds offered Dec. 19—v. 154, p. 1474— awarded to John Nuveen & were Co., Chicago, and Harriman Rip¬ ley & Co., Inc., jointly, as 2%s, at a price of 100.59, a basis of about 2.20%. Dated Nov. 1, 1941, and due May 1, 1958.,, Second high bid of 100,189 for 214s was made by Stranahan, Harris & Co., Inc. Seymour, Ind. . Bond .Sale—The improvement sewer offered Dec. issue, at 4y2%, will refund to on 1928 a a $58,000 bal¬ issue of $70,000 of 51/2 % bonds, partly in default, plus $7,000 interest on them. The. $10,000 issue, at 4%, was approved to be used with $10,000 in the county sinking fund to pay off $20,000 in default road bridge bonds. $20,000 payment, That ing on old and to Harry * =•; Tuesday, December 23, 1941 (l City of Frankfort vs. Harrod, | July 15, as follows: $500 in 1942 pal budget director. This com¬ (1940), the court held 'to 1947, $750 in 1948 to 1952, $1,- pares with $51,966,776 collected that refunding bonds might be ! 000 in 1953 to 1960 and $1,250 in in the like period of the preced¬ dated and sold several months ing year, or 92.37% of the esti-j mated amount of $56,259,098. prior to the maturity date cf ' In Iberia Parish (P. O. New Iberia), voted bonds being refunded, pro¬ 1939 the city collected $45,727,132, vided that the new bonds do not or 93.68% of that ytar's estimated Bond Sale Deferred—We un¬ bear interest coupons for any levy of $48,810,200. derstand that, in connection with period prior to the maturity date ^ This year's budge* is based on the $300,000 not exceeding 4% of the old bonds and that the pro¬ the collection of 94% of the cur¬ airport bonds that carried at an rent ceeds of the sale of such new levy, as against 93% in the election on Aug. 19, these bonds bonds are held in escrow until preceding year, and. 04% in 1939. are not to be offered for sale at the maturity dates of the old Harford County (P. O. Bel Air), present. bonds. This case was, we under¬ PWsm Md. Pineville, La. stand, in effect overruled by the Proposed Bond Issue -r- The case of Holt vs. City of Covington, Bond Election—It is reported Board of County Commissioners 286 Ky. 727 (1941), which held that a special election has been plan to issue $50,000 hospital that although a sale of new bonds called for Dec. 30, to submit to bonds in conjunction with a Fed¬ may be held a reasonable time in the voters an issue of $200,000 eral grant. advance of the maturity of the water works improvement bonds. bonds being refunded, such new MASSACHUSETTS Louisiana (State of) bonds cannot be taken up and Cambridge, Mass. Tax Exemption Proved Im¬ paid for until just before the the old issue. R. In F-ulton ana look back can County Fiscal Court rience with over its expe¬ Sinking Fund Water Debt Paid —Board of recently Water Commissioners notified Mayor Acting Francis L. Sennott that the final instalment on fund had the been that a was being surplus water sinking paid Dec. 1 and of about $112,500 returned the to city local leave Lynn, accord¬ assistant. vs. Commission Debt of Ken¬ decided the county could pay as it becomes Part of the road and bridge bonds bear terests of sources 4% and part 5% in¬ ; said Carroll County's 286 $180,$65,$115,000 bal¬ serial all 1914 debt water in¬ been in In 1917 the city dis¬ the by form. city has continued Ky. 114 And (1941), water This fund. sum be to was ap¬ plied by the city to the payment serial of mains debts. There further re¬ now of ap¬ proximately $112,500. At the reg¬ ular meeting of the Commission¬ ers it was unanimously voted to a surplus surplus to the city under the authority of Chapter 119. "The Commissioners take, pleas¬ ure in reporting to you the com¬ pletion of their task in meeting the entire city sinking fund water debt without any payment of non-callable bonds, as it au¬ State to some extent and without from the city since 1917 and with doubt brought about a better thorized the prorating of all avail¬ able revenues for voted road and standard of living generally for a return to the city of a surplus. all Louisiana. approximating $112,500." bridge bonds between a sinking While Louisiana agreed fcc fund to pay new bonds exchanged Revere, Mass. for the old and a sinking fund to waive collection of property taxes Defense Loan Approved—The for a decade to each industry win¬ pay old bonds held by those not Municipal Council recently au¬ consenting. The prorating is on ning an- exemption contract, each thorized City Treasurer Andrew the basis of the total face amount new plant contributed heavily in A. Casassa to borrow $10,000 im¬ income, corporate and other taxes of each group of bonds. mediately, under the provisions There are several other deci¬ and spread out additional millions of Chapter 487 of Acts of 1941, sions by the Court of Appeals af¬ of dollars in salaries which also which permits appropriations and fecting municipals. Inasmuch, proved lucrative taxing sources borrowings beyond the debt limit however, as they are not of the for State coffers. for defense purposes. same general importance no spe¬ MAINE cific reference is made to them in Somerville, Mass. Bond Portland, Me. Note Offering—John R. Gilmar- City tin, this pay treasury, Treasurer, will receive Offering—John J. Dona¬ hue, City Treasurer, will receive sealed bids until 11 a.m. on Dec.'; for the purchase of $10,000' purchase at discount of $1,000,000 cpn. defense loan bds., Act of 1941.: Manufacturers Trust Co.' of New notes issued in' anticipation of Dated Oct. 1, 1941. Denom. $1,000.; York has been appointed New taxes for the year 1942. Dated Jan, Due $2,000 on Oct. 1 from 1942 Paying York Agent paying Appointed^-rThe agent for series A bonds of the above Authority total funded debt would be 000, represented by the materials. raw the Louisiana was a logical location court held that the statute limit¬ for big petroleum and chemical ing the maturity of voted road and industries—with its rich stores of plentiful labor and bridge bonds to 30 years is uncon¬ minerals, stitutional and that the maximum ideal transportation facilities. One thing to be said is that the maturity may be 40 years. In Epley vs. Kentucky County exempted industries started the Debt Commission, 283 Ky. 600 ball rolling, showing the way to capitalists on what could be done (1940), which case concerns McLike a splash in a able; revenues for, voted road and in Louisiana. bridge bonds, the decision was of pond, edies from the new fac¬ practical importance in obtaining tories and plants have affected type of business in the the voluntary consent of holders every tucky, finance Commission due. "Since curred payments to meet; sinking fund bonds, the Commissioners meeting all obli¬ gations since then from the earn¬ ings of the sinking funds estab¬ lished prior to 1917. "On March 22, 1938, in accord¬ state like Louisiana— ance with the general laws, the We referred to this very impor¬ cultural tant decision in our Interim Re¬ came during a period when indus¬ sum of $100,000 was paid to the try was moving southward, away city treasury from surplus accu¬ port of last May. sinking In Fiscal Court of Estill County from high taxes and closer to mulated in the water a the the prior defic¬ for probably 100,000 people. Right now State officials won¬ that if a particular granting the tax is for an essential der whether costing the State governmental purpose no consti¬ exemptions, tutional debt limits apply. roughly $20,000,000 in taxes be¬ In Pulaski County vs. Ben Hur fore the decade of exemption for Life Association, 286 Ky. 119 various plants run out, was neces¬ ? (1941), the court held that voted sary after all. The big industrial development road and bridge bonds in Ken¬ tucky are negotiable instruments. —big anyway for a largerly agri¬ officer, will this report. $115,000 balance on the Madison ville Housing Authority old road and bridge bonds, which (P. O. Madisonville), Ky. State Lynn $38|.000 bonds bonds, was County Debt Commis¬ State sion today. The larger INDIANA . iencies, and expenditure 1956 incl. to •; of collection, costs and 1950 incl. 1946 to Kan. Bond Sale Details—The $25,000 • unique "bargain treasury. The Commissioners' letter said vs. Southern Bell Tel. & Tel, Co., attraction" for capital investment. 285 Ky. 17 (1940), the court sum¬ There is little argument■< that in part: "On Dec. 1, 1941, the final in¬ marized the history of the law of during the five years the exemp¬ 120,000 on June 1 in 1953 to 1957 Kentucky on funding bonds and tion power was effective Louisi¬ stalment of the water sinking incl. fund debt of the City of Cam¬ ana saw the greatest spurt in The $50,000 semi-ann. grading discussed numerous legal features The court held the industrial locations and expan¬ bridge became due and was paid. bonds offered at the same time— respecting it. "The sinking fund for water sion in history, contracts totaling 2% limit in section 158 of the v. 154, p. 1474—were awarded to about $200,000,000 on plants bonds was established in 1866 and Halsey, Stuart & Co., Inc., of Chi¬ Kentucky Constitution is a re¬ up to 1913 issued a total of $5,striction on issuance of funding worth probably $250,000,000. cago, as 1 VzS, paying a premium That's a quarter of a billion 749,000, maturing up to Dec. 1, of $476, equal to 100.952, a basis bonds, that in anticipating revenue It meant more than 35,- 1941, all of which have been paid of about 1.36%. Dated Dec. 1, it is necessary that past experience dollars. and retired. 1941. Due $10,000 on Dec. 1 in be considered from the standpoint 000 new jobs, which is a livelihood l%s, paying a premium of $101, equal to 100.101, a basis of about 1.49%, Dated Dec. 1, 1941. Due as Hoxie Sch. Dist. Toulon, III. v/, ceeds of the new bonds to be held Rouge on Dec. 13 reported in part City, Iowa in escrow will contract to pay in¬ as follows: Bond Sale—The $100,000 semiterest on the deposit equal to the Now that the State's power to ann. flood protection bonds of¬ interest accruing on the bonds grant 10-year tax exemptions to fered for sale on Dec. 17—v, 154, new industries has expired Louisi¬ p. 1474—were awarded to the prior to the date of retirement of Interest J-D. 1949 incl. to •1 I/... Sioux Price Paid—The Bond ■. petus to Industries—An Associ¬ unless the depository of the pro¬ ated Press dispatch from Baton "against." bonds. 4% park purchase bonds pur¬ chased earlier in the year by the 1 town hall approved by count of 388 "for' maturity date of the old bonds, $15,000 building bonds revenue Murphysboro Park District, III. : 283 Ky. 755 Appanoose County (P. O. Center- "basis of about 3.55%. Alexander County \i- In in 1943 to 1948; $2,000, 1950, and July 1 in 1949 and Jan. • . bids until noon on Due 1942. 2, Dec. 26, for the $500,000 each Oct. 7 and Nov. 13, 1942. on Payable at. the First National Bank of Bos¬ LOUISIANA ton new the at or Central Hanover 23, to 1946 incl. Bidder to name the rate of interest in of 1%, able multiples of 3/4 Prin. and int. (A-O) pay- at., the National» Shawmut Bank of Boston. Legal opinion of. Co., New York City. Thorndike, Palmer & bank on or Storey, Hughes & Bond Election—We understand about Jan. 2, 1942. Legal opinion Dodge of Boston will be furnished Kentucky (State of) as l%s, at 100.102, a basis of about that a special election has been of Ropes, Gray, Best, Coolidge & the successful bidder. Court Derisions—The Municinal 1.74%. Dated Nov. 1, .1941. and called for Jan. 20 to submit to Rugg of Boston. Waltham, Mass. due semi-annuallv from July 1, Securities Committee of the In¬ the voters an issue of $45,000 con¬ Note vestment 19 — v. awarded 1943 to 154. to p. 1419 — were Raffensperger, Co., Indianapolis, July 1, 1961 incl. 000 issue ance. and the ' 1 ; - Bankers Association sub¬ Second Cotton Valley Sch. Dist. (P. O. Minden), La. - struction Bank & Trust Delivery at Boston Offering—H. MARYLAND bonds. ' mitted the following court decis¬ high bid of 100.089 for l3/4s was ions given in 1941, as Henry Sch. Dis*. No. 2 (P. O. made by City being of Securities Corp., Abbeville), La. particular interest to the munici¬ Indianapolis. 1 ' pal trade or of special significance Bond Sale Details—We under¬ Tell City, lnd. locally: During this year and the stand in connection with the sale Bonds Sold—An issue of $490.- latter part of 1940. the Court of of the $16,000 school bonds to 000 eleoMo revenue bonds was Appeals, the highest court of Ken¬ Barrow, Leary & Co.. of Shreves^id to Blyth & Co. and J. J. B. tucky, handed down several de¬ port. at 3V4s, at 100.10, report of Fmiard & Son, both of Louis¬ cisions pertinent to municipal fi¬ which appeared in our issue of Baltimore, lid. W. Cutter, City Treasurer, will receive sealed bids until 11 a.m. on Dec. 23, for; _ " Revenue Higher--City taxes „ ville. nancing. Sept. 27, that the bonds and other Baltimore accounts during collected the 10 in months the purchase at discount of $200,anticipation of 000 notes issued in revenue.. Dated for Dec.. the current year.' 1941, and due* 623,048, or 93.10% " of the year's $100,000 each on April 15 and May. estimated levy of $57,599,251, ac¬ 15, 1942. Legality approved by cording to the monthly report is¬ Storey, Thorndike, Palmer & mature sued by Herbert Fallon, munici-1 Dodge of Boston. ended Oct. 31, 1941, totaled $53,- 23, . ' Volume 154 : THE COMMERCIAL & FINANCIAL CHRONICLE Number 4023 ^ MICHIGAN tax , could be evaded if the Gov¬ this All rate. bids must be un¬ The bonds will be bought the materials for conditional. the contractor. Belief that this ready for delivery on or before would be done in Michigan had Dec. 31. Enclose a certified check been one of the reasons no at¬ for $2,000. ' • tempt to collect a tax had been Kiester, Minn. made in the past, it was said. Bonds Sold—The Village Re¬ /Court Decision—The Municipal corder states that $12,000 % Securities Committee of the In¬ semi-ann. village hall and well vestment Bankers Association pumping equipment bonds have submits the following 1941 Court been purchased by Juran, Moody decision as being of special inter¬ & Rice of St. Paul, at a price of. est locally and also to the munici¬ 101.50, a basis of about 2.34% pal trade: The Supreme Court of Dated July 1, 1941. Due on July 1 the State handed down a decision as follows: $500 in 1944 to 1947, on June 30, 1941, in the case of and $1,000 in 1948 to 1957. These Municipal Investors Association bonds were approved by tne vs. City of Birmingham 298 Mich. voters at an election held on 314 of importance to those in¬ June 3. terested in Michigan special as¬ sessment bonds. Luverne, Minn. ernment - ♦ Dowagiac, Mich. t; Bond Sale Details—The $12,271 special assessment paving \ 4% bonds purchased earlier in the by » the Dowagiac National •Bank, were sold at par and ma¬ year nure from 1942 to 1951 incl. Jackson, Mich. New Bonding Program Studied —The City Commission recently took under consideration the pro¬ posal advanced by smittee ments that be financed special comimprove¬ through issu¬ of special assessment bonds ance :which would by a various the, power. The ■ not city's ;■>..! also be backed general taxing %%% 4,%.'!:; * ■ .,t committee's report, pre¬ pared by City Attorney Burney :<E. Brower and signed also by City •Manager John M. Biery and City IClerk C. H. Vedder, points out that a prerequisite to such a plan -would be a study to determine the demand which might exist in the bond market for this type of bond. • The report cites charter a pro¬ The plaintiff was Bond the holder of Sale Details—It is now and war 1637 contracts, it was esti¬ mated. E. W. Mentel, assistant to the President the of; Chamber reported that year. of Abandonment Of than 120 more Commerce, predicted most of the miles of track now requested by vast new war plant construction the Burlington and North West¬ will be located far inland, and ern would result in a further re¬ said he expects "St. Louis will get duction of $1,001,124 valuation. its share." ' ,•;//.■ One railroad official recently . University City School District (P. O. University City), Mo. Bond Election Postponed—It is stated by June S. Courson, Secre¬ tary, Board of Education, in con¬ nection has the with called been election for application predicted donment of at lines branch ICC the soon as sion on the aban¬ for three least would returns appli¬ ' •: ; • Nov. 25, ;. Petersburg, Neb. to submit to the voters $80,000 con¬ struction bonds, that the consti¬ tutionality of the statute under which it is proposed to vote these bonds will have to be passed on the as deci¬ a two-pending cations. more filed be which by the State Supreme Court. In $65,000 2%%. the meantime no election is to be the collections of special assess¬ semi-ann. refunding bonds sold to, called.., Co. of St. Paul, ments. Because of non-payment Kalman & at' V:' of a large portion of the special 100.50, as noted here on Sept. 6, Valley Park, Mo. are due in 1941 to 1945. Prin. assessments in • question, there Bond Sale Details—It is now int. was not sufficient money in the and (M-S) payable at the reported that the $45,000 semispecial assessment fund to pay City Treasurer's office. ann. sewer certain bonds payable solely from railroads has fallen from $148,286,095 in 1936 to $130,962,360 thiS" Bonds Authorzied—The Village Council is said to have authorize ! of $24,000 recently the issuance refunding bonds. • Scottsbluff, Neb. Exchange—H. E. Bond Brown, City Clerk, states the the follow¬ ing bonds, aggregating $215,000, authorized by the Nov. 5, are being City Council on exchanged with the original holders: $54,000 1 % % refunding, $66,000 2% re¬ system bonds sold tc re¬ Municipal Bond Corp. of funding, and $97,000 2%% (P. O. Man* the Interest payable Chicago, as noted here on Aug. funding bonds. the principal and interest on the Mankato Sch. Dist. outstanding bonds. The plaintiff kato), Minn. demanded that the city assess Bonds A ; Approved—It is stated 30, were purchased as 3V2S at par, vision permitting the City Com¬ against all the lands in the special mission to finance public works by Loretto M. Veigel, Clerk of and mature on March 1 in 1945 assessment district, the amount of the Board of Education, that at a to 1961. by special assessment against the the deficiency as required by a We are also advised that the recent election benefited; property $1,100,000 con¬ owners to charter provision existing at the struction bonds were approved by bonds are dated March 1, 1941. provide for payment in annual time of the issuance of the bonds. and mature March 1, as follows: the voters. installments over a period not to The demand was refused. The $2,000 in 1945 to 1950, and $3,000 exceed-10 years. The city's share New York Mills, Minn. city contested the plaintiff's ac¬ in 1951 to 1961. of such work, as for instance the Price Paid—The Village Clerk tion for writ of mandamus upon paving of street intersections, still the grounds that it had no right now states that the $13,750 semiMONTANA would be a charge to the city's to levy a deficiency special as¬ ann. funding bonds, sold to Juran Custer County Sch. Dist. No. 63 general fund. sessment against most of the lots & Moody of St. Paul—v. 154, p. Previous special assessment (P. O. Box 308, Miles City), in the district because such lots 1363—were purchased as 3s at bonds issued by the city to fi¬ Mont. had been sold at the tax sale in par. nance public works pending pay¬ Bonds Sold—The $12,000 school 1938, had been bid in by the State ment of Pelican Rapids, Minn. the installment taxes bonds offered on March 15, were at the time, and had not been Bonds have Defeated We under¬ been ' primarily a lien purchased by the State, according redeemed within the 18 months stand that at an election held on against the assessment district, to Grace W. Noble, District redemption period and that they Dec. but in addition have been backed 2, $25,000 to $50,000 commu¬ Clerk. had been sold at the Scavenger nity hospital construction bonds by the entire city as general obli¬ Sale in 1940 to the former owner, Montana (State of) were defeated by a count cf 377 gation bonds. At present, the city and that by ■ reason thereof all Bond Call—It is reported that pays about $14,000 a year from "against" to 144 "for." special assessments, including any Nos. 1 to 118, armory bonds ot general funds to make up the St. Louis Park, Minn. possible future deficiency special delinquency on special assess¬ July, 1941, to the amount oi assessments had been canceled. Notes Sold—The Village Clerk ments. $118,000, are called for payment ;; The Court construed the 1937 states that $6,000 semi-ann. street on Jan. 1, 1942, at the Union Bank The study was occasioned by and 1939 amendments to the gen¬ improvement orders were award¬ & Trust increasing requests for improve¬ Co., Helena, Trustee. eral property tax law, and Act ed on Dec. 15 to J. M. Dain & Co. ments in city streets and sewers of Minneapolis, as 2s, at a price Valley County School District 155, P. A. 1937, as amended, as for which available city funds No. 1 (P. O. Glasgow), Mont. canceling the right to a future of 100.333. are fast dwindling. deficiency assessment as well as Price Paid—The Clerk of the St. Paul, Minn. Lincoln Park City School District canceling past due or future due School Board now states that the Bond Offering Deferred—It is > (P. O. Lincoln Park), Mich. existing assessments. The Court $61,633.23 coupon semi-ann. re¬ that the offering of the Tenders Wanted—Raymond E. further held that the above men¬ stated funding bonds awarded on Dec. 9 •North, District Clerk, will receive tioned legislative enactments as $146,000 relief bonds, which had to the Northwestern National J-D. Denom. June $1,000.. Due on 1, 1942, to Dec. 1, 1957. Springfield, Neb. Village Bond Sale Details—The the that $7,000 3% semi-ann. water system bondssold recently—v. 154, p. 1279— were purchased by A. W. Clarke of Papillon, at par, and mature in 1961, callable after 1946. Clerk states York, Neb. • C. Details—Flossie B""d Hassler, City Clerk, states that the $15,000 auditorium bonds sold Bank National First tne 10 of — York—v. 154, p. 1309—were pur¬ 3s, at par. Denom. $1,Dated Dec. 1, 1939. Due on chased noo. Dec. as 1959; optional on and 1, 1944. Coupon bonds payable J-D. 1, after Dec. NEW JERSEY Bellmawr (P. O. R. F. D., Mount Ephraim), N. J. Bond Offering Borough Stamp. 000 Charles will H. re¬ bids until 8 p.m. ceive sealed Jan. — Clerk, on 5, for the purchase of $110,not 4^% exceed to interest . sealed tenders of certificates of it, did not impair been scheduled for Dec. 30—v. the obligation of contract. 154, p. 1475—was deferred for at We understand that Associate least a month, because of an un¬ Justice Frank Murphy of the expected balance in funds and State Supreme Court of the United probable; help from the construed by indebtedness, dated Nov. 1, 1935, and certificates of indebtedness, second series, dated May 1, 1937, and refunding bonds, series D (all due Nov.; 1, 1945), States signed, on Oct. 15, 1941, an until 8 p.m. on Jan; 2. Amount order allowing an appeal in this on hand in the sinking fund for case to the United States Supreme retirement of the indebtedness is the series D certificates of the sum year. Moss Orchard Lake, is Sold—The Bonds $64,000 re¬ $12,767.40. Offerings should state certificate numbers, their par funding bonds offered Sept. 29— v. 154, p. 228—were awarded to value, and the amount for which Crouse & Co. of Detroit, at a they will be sold to the district. Offerings should be firm for five price of 100.05, a net interest cost of about 3.123%, as follows: days. $18,000 3s, due $1,000 May 1 from Michigan (State of) 1942 to 1955 incl. and $2,000 in Retroactive Levy Faced By 1956 and 1957; $30,000 maturing Builders—A recent decision of $2,000 in 1958 and $4,000 from U. S. Supreme Court gives Mich¬ 1959 to 1965 incl., to bear 3% igan a chance to collect hundreds interest to May 1, 1942, and 3J/4% of thousands of dollars Jn sales thereafter, and $16,000 3s, due taxes which have been ignored, $4,000 on May 1 from 1966 to 1969 Attorney General Herbert J. incl.. y Rushton asserts. purchases tractors to tax of public works whole the other the con¬ States have regularly collected from the cost to the successful now the $130,000 bidder. Since the county desires to com¬ purchased at a 1950 incl.; p.' 1475—were $5,000, 1951 to 1955 incl.; $6,000 154, premium of $275 Second best bid as to was an offer of from 1956 in 000 1964 to incl., and $3,- Bidder 1965. to name a $5.80 premium for the first three single rate of interest, expressed as 2s, and the last two in a multiple of or l/10th of maturities as Wzs, submitted by 1%. Prin. and int. (M-N) payable Paine, Rice & Co. of Spokane. In at the Haddonfield National both cases, the bidders offered to Bank, Haddonfield. Each propo¬ supply the printed bonds and le¬ sal must state the amount bid forgal opinion. the bonds which shall be not less 154, p. 1363—were purchased price of 100.01, on the issue as follows: $26,000 as 3s, due on Dec. 1; $3,000 in 1942 to 1946; $5,500, 1947 and 1948; $56,000 as 2V4S, due on Dec. 1; $5,500 in 1949 to 1956; $6,000 in 1957 and 1958, the remaining $48,000 as 2s, due $6,000 from Dec. 1, 1959 to 1966, giving a net interest cost of than ; $110,000 nor more than $111,000. Proposals for the bonds NEBRASKA will be two bases, considered either of Clay County School District No. 12 at (a) for the Bonds Sold—Greenway & Co. bonds as described above; or (b) for the bonds as described above, of Omaha, have purchased $5,000 but issued with the privilege 2%% semi-ann. building im¬ reserved to the borough to call provement bonds, according to re¬ the bonds maturing in 1947 to port. Due $1,000 from Sept. 1, 1965, in the inverse order of their 1943 to 1947 incl. numbers for redemption on Nov. Dwight, Neb. 1, 1946, or any interest payment Bond Issuance Authorized—We date thereafter at par and accrued understand that a resolution was interest upon not less than 30 passed recently by the Village days' published notice. Bidders Board of Trustees calling for an may submit proposals on either of a divided about 2.16%. Pettit School District (P. O. Pettit), Miss. cher, Dorsey, Barker, Colman & Barber of Minneapolis, without ; 000 Denom. $1,follows: $4,- 1, 1941. Due May 1, from 1944 000. —v. MINNESOTA refused is semiann. school building bonds sold to the J. Si Love Co. of Jackson , ,preparing to rule that it is the Freeborn County (P. O. Alberta Lea), Minn. duty of the State to collect 3% taxes on the purchases of con¬ Bond Offering — Sealed bids tractors holding Federal, State, will be received until 3 p.m. on municipal or school contracts. Dec. 26, by A. C. Hartz, County The Supreme Court on Nov. 10 Auditor, for the purchase of $100,decided that Alabama had the 000 2% semi-ann. drainage re¬ ■j,power to collect a sales tax on funding bonds. Dated Dec. 1, the purchases of contractors hold¬ 1941. Denom. $1,000. Due $20,000 ing Federal contracts. Dec. 1, 1942 to 1946. Prin. and Michigan has stood alone in int. payable at the Northwestern recent years among the dozen National Bank & Trust Co, States having sales tax laws of Minneapolis. The county will the "privilege tax" type. The furnish the printed bonds and the Michigan State Board of Admin¬ approving legal opinion of Flet¬ has Details—It reported that Rushton served notice that he is istration Point, Miss. Sale Bond Mich. ais"' 1 V^s^v. Minneapolis Dated Nov. maturities MISSISSIPPI Court. $12,107.10; and for bonds next Bank & Trust Co. of registered water bonds. coupon or Bonds ington have Authorized—The County Board authorized the is Wash¬ said issuance (P. O. Edgar), Neb. of issue $10,000 Mitchell, Neb. Sale Bond St. Louis, : Mo. War Boom to Increase Popula¬ tion—We quote in part as follows from the St. Louis "Globe Demo¬ crat" of Dec. 14: An unprecedented boom, which probably will dwarf the defense boom of the last year, is in pros¬ pect for the St. Louis area in 1942 as a result of the outbreak of the war, in the leaders here. The opinion semi-ann. the said bases borough of $75,000 school construction bonds. MISSOURI 3% to water refunding bonds. on namely or reserves on both, and the the right to re¬ ject all of the bids received made \ Details—It on is now are due either one of said bases. check for $2,200, the $150,000 2Vz% payable to order of the borough, refunding bonds sold is required. Legal opinion of Greenway & Co. of Omaha, as Hawkins, Delafield & Longfellow reported A certified that semi-ann. to noted $10,000 bonds being on ; ; here on July 26, July 1 in 1942 to 1956: on of retrenchment and of business abandonment of branch lines by Nebraska railroads will be furnished Bloomingdale, N. J. Bond Issue Details—The $5,500 Nebraska (State of) ' v Many Rail Lines Abandoned— policy York New the successful bidder. maturing in 1949 to 1956 callable in inverse order and after 1942. The of has resulted 3% sewer earlier in construction bonds sold the to the First Bloomingdale—• year National Bank of 741—were issued at par and mature Oct. 15, as follows: $1,000 from 1942 to 1946 incl., and v."154, p. anticipated skyrocketing of in removal of $18,000,000 Wor+b suppliers of wood, steel, cement, plete this financing during 1941, business may bring as many as of property from the tax rolls $500 in 1947. and other materials used in the' the bonds will be printed bearing 100,000 additional population to within the last six years, a survey Hamilton Townshio (P. O. Trenthe above rate of interest, and all the city and greatly increase the revealed recently. building of public works. ton), N. J. ^ Sales tax officials said such a bids must be for bonds bearing present $800,000,000 defense plants Assessed value of all Nebraska Proposed Bond Sale—An issue . ■ THE COMMERCIAL & FINANCIAL CHRONICLE 1638 of incinerator $33,000 bonds tion in sale will January, in $5,000 construc¬ offered be and 1954 from 1956 to 1962 for in f ' 1963. $4,000 1955; inch, and $5,000 , Hawthorne, N. J. Wood-Ridge, N. J. Bond Sale—The $70,000 coupon Proposed Refunding—It is re¬ or registered bonds offered Dec. ported that a plan to refund $250,000 bonds is being studied by 19—v. 154, p. 1476—were awarded to Outwater & Wells, of Jersey the State Auditor. City, as 3s, at a price of 100.144, a Hudson County (P. O. Jersey ; basis of about 2.99%. Sale con¬ City), N. J. • sisted of: , Proposed Board Bond Issues Freeholders of — has The $57,000 sewer bonds. Due Dec. 1, as follows: $1,500 in 1942 and 1943, and $2,000 from 1944 to passed first reading ordinances to is- on $137,000 nurses' home, and $145,000 maternity hospital bonds. sue ; New Local U. Invest, May In bonds. assessment $1,000 from 1949 to 1952 incl. Senate State incl. sewer Due Dec. 1, as follows: $1,500 from 1943, to 1948 incl., and Jersey (State of) Units Bonds—The S. 1970 13,000 All of the bonds recently adopted a measure per¬ mitting municipalities to invest surplus funds in United States are dated Dec. Tuesday, December 23, 1941 Henry M. Wriston, President this year, the U. S. Circuit Court position for the district's indebt¬ assailed of Appeals, Fourth District, ren¬ edness, a petition for the confir¬ a threat dered an opinion in the case of mation of which will be heard to "our democratic form of gov¬ De Foe vs. Rutherfordton relat¬ on Feb. 2, as reported in v. 154, ernment." ing to discretion, in. issuing writs p. 1423, provides for the refundr Mr. Wriston, Chairman of the for payment after judgment. The ing of the entire bonded indebt¬ Citizens Emergency .Committee opinion effects holders of bonds edness of the district,, both ma¬ on Non-Defense Expenditures, of the Town, of Rutherfordton, tured and unmatured, consisting criticized the Administration for N. C., and may be found of inter¬ of $90,000 school building bonds, continuing at a high cost to the est to holders of certain other dated" Jan. 1, 1927, and maturing taxpayers several agencies estab $3,000 April 1 and Oct. 1, 1938 municipal" obligations. lished during the depression but Expressed briefly, the Court to 1952, into 30-year term bonds, no longer needed. held that a writ may be modified dated. Jan. 1, 1941, due Jan. 1, He cited the National Youth where, in the light of subsequent 1971, callable upon any interest Administration and the Civilian events, its commands become im¬ paying date and: bearing interest Conservation Corps. as open to proper, as where they would con¬ as follows: 3% for a period of 10 cuts "in the interest of economy.' flict with constitutional or statu¬ years, 4% for a second period of "I must remind you once again tory limits of taxation or inter¬ 10 years, and 5% for a third and of Brown University, "wasteful spending" as . indictment the that confusion, lapping, from not comes of fere With necessary governmental over¬ and waste irresponsible period of 10 All delinquent years. function, but otherwise no modi¬ interest will be paid. fication is justified if its effect is The district, it was said, has to deny a legal right. A burdened been unable to meet its bond re¬ municipality must either make quirements in full since Oct. 1, payment to the extent possible 1937, and, in addition to bonds, under statutory powers of taxa¬ is in default on interest aggre¬ tion or invoke the provisions of gating $11,125 to March 31, 1941. the Municipal Bankruptcy Act. Benjamin C. Bourne, ; Clerk- Other bids: Wood-Ridge people, not from carping critics, Bank, 314s, 100.55; J. B. not from people who want to use Hanauer & Co. and Barcus, Kin¬ the emergency to sabotage social Government bonds. The measure, dred & Co., jointly, 3 %s, 100.30; it was said, is designed to allow gains, not from people with, sel¬ M. M. Freeman & Co. 3V4s, 100.28; fish interests. It comes from the the City of Bayonne to invest the Rogers, Gordon & Co. 314s, 100.13; Government itself, and its offi¬ $2,000,000 it obtained from the H. B. Boland & Co., 3.30s, 100.141; cials. The road is. open, there¬ Treasurer of the Beachwood Vil¬ Navy Department for the Bay¬ Ira Haupt & Co., 3.40%, 100.16; Sampson County (P. O. Clinton), onne Terminal so the money will fore, for action." lage School District, 25511 FairB. J. Van Ingen & Co., Inc., 314s, N. C. earn interest. mount Boulevard, P. O. South 100.10. Port Of New York Authority, N. Y. Bonds Approved—It is report¬ General Property Tax Held Euclid, has been appointed as der Income Statement—Ipcome of ed that the Local Government Faulty — New Jersey's general NEW YORK and escrow agent for the Port Authority for the year Commission has approved an is¬ positary bonds surrendered for exchange property tax, heavier than in any ended November, 1941, totaled sue of $70,000 refunding bonds. Albany Port District (P. O. and the refunding comparable State, has developed bonds to be $14,089,274.67, an increase over Albany), N. Y. weaknesses to a point where, it issued. : Tarboro, N.. C. the same become exceedingly difficult according ;effectively, addition In I period last Certificate series of studies on current a New Jersey published by financial policies the Princeton in¬ will be retired therefrom. ties for years property tax provides Since the increase principal support for local governments in the State, the the of consent It has in anticipation of points out. vey of The adjustment aspects: First, "relief" from overtaxation, two property and, second, the improvement of property tax administration. : (Rail Tax Decision Expedited— Attorney General Wilentz has ap¬ V plied to Chancellor Campbell for an order referring the railroad tax litigation to a member of the determination. final for court This has been agreed upon course by Wilentz and counsel for State both of whom represented when the ap¬ Treasurer Albright, will be is made. plication The Attorney questioned constitutionality of this year's laws ad¬ General has justing railroad taxes. Urges Single State BudgetZink reported :>.V. Controller State Federal for —The State Transmission Power 1 that Fi¬ State." system power of the The announcement about the line tor "permanent part of came Dec, 1 from Sena¬ Wagner in Washington. The State Power Authority said after that the . defense emer¬ benefits imum to consumers in " Rollins & Sons, H. Union last, end fiscal year. Mr. Zink resulted pointed out the deficit because the Legislature appropriated money in anticipa¬ tion of, $1,750,000 receipts from horse racing which failed to ma¬ terialize and because inheritance tax levies fell $2,600,000 below estimates. _ Sea . . . -i . is of The Manhat¬ to deliver definitive bonds of the 114 % loan for the for institutions, issue of 26, 1942-66, in exchange for tempo¬ rary receipts. June 26, Reduction tures due 1941, in June Normal Expendi¬ Asked—Taxpayers were warned on of the Dec. 4 that failure of Federal, State and local governments to lessen the burden of national defense by sharply reducing normal expenditures will bring economic chaos. 1475—were not sold, as no bids received. Dated Nov. 1, were 1941, and due Nov. 1, as follows:' Speaking at on E. a non-defense taxpayers' rally spending, Frank Gannett, Rochester publisher, for provided in bond of the two have prepared for presen¬ to the Railroad The voters. on crossr- the Big Four line—four in Ber¬ St. tion of the Not Issuance Contem¬ | 2% Sewer 100.08 Owen, Town the Clerk, bonds reports that the amount author¬ to under Chapter 750, Laws of 1941, will not be issued until the project is completed. Work is be¬ ing financed through issuance of certificates of indebtedness. NORTH the $25,000 4% and sewer at par—v. now semi-ann. water bonds sold to the RFC Dec. 1, 1 as 154, 1941, p. follows: 1 is re¬ ported that the city will ask for bids soon on an issue of $180,000 airport administration building bonds. Bonds of a the • Further major citizens' recom¬ finance advisory committee, which re¬ cently concluded a survey of the city's financial position, calls for a special election on a charter ahiendment thatwould permit the j city to increase its tax levy suffi¬ ciently to provide for redemption of maturing indebtedness from current revenues instead of 1045—are dated and mature on $1,000 in 1942 to 1950, $1,500, 1951 to 1958, and $2,000 in 1959 and 1960. through, refunding issues. £ June Dayton, Ohio Proposed Bond Sale—It payable at (J-D) Akron, Ohio Recommends Against ^ stated that election Paid—The mendation CAROLINA Maturity—It is England, N. Dak. Refunding—The Boiling Springs, N. C. general Authorized—The City City Auditor Council recently passed an ordi¬ states that the $26,000 light and nance authorizing an issue of power plant revenue semi-ann. $10,400 4% street paving bonds. bonds sold to the Citizens State Dated Dec. 15, 1941. Bonds Nos. Bank of New England—v. 154, 1 and 2 in amount of $1,200 each, others for $1,000. Due Dec. 15, p. 1365—were purchased as 3s as follows: at par. $2,400 in. 1943, and $2,000 from 1944 to 1947 incl. OHIO Prin. and int. Price 2 exceed $400,000 sewer November East Liverpool, Ohio New 100.169 No. the will be taken next month. of 100.322." • District cinnati. ditor, states the $240,000 electric Crestline, Ohio power plant bonds that carried at Proposed Bond Sale — Marie an election last March are being Schill, Village Clerk, reports that held in abeyance, due to diffi¬ arrangements for the sale of the culty in obtaining materials. $80,000 sewer bonds authorized at 100.22 • crossing at 66th St. in Place, as half the im¬ provement would be in Cin¬ Elmwood Lisbon, N. D. (P. O. Schenectady), N. Y. Temporary Financing — Peter Durham, N. C. Amherst, Ohio Validated—The City Treasurer's Bonds Sold—The office. above bondfc purchased by the City Sink¬ ing Fund at par. were Garfield Heights, Ohio Bonds Board of Approved Tax — The State has ap¬ proved, an issue of $33,400 delin¬ quent tax anticipation bonds to pay unsecured Appeals indebtedness in¬ curred prior to Jan. 1, 1941. Granville Village School District, Ohio" Bond Sale Postponed—The pro¬ posed sale of $96,000 hot to ex¬ conten¬ ceed 4% interest county hospital City tion of a local taxpayer that legal building bonds, originally sched¬ Clerk, that no date of sale has irregularities in the proceedings uled for Dec. 22—v. 154, p. 1365— been fixed as yet for bonds ag¬ invalidated an issue of $80,000 was postponed until Jan. 5. Sealed gregating $285,000 and divided as electric generating plant construc¬ bids will be received until 8:30 follows: $15,000 cemetery, $75,000 tion bonds was rejected by the p.m. on that date by J. B. Huthisanitary sewer, ;; $85,000 street State Supreme Court in a ruling son, Clerk of the Board of Educa¬ The bonds will be dated gradings, $100,000 sidewalks, curbs on Dec. 17. Holding that no de¬ tion. and gutters, $10,000 fire engine batable constitutional/ question Nov. 1, 1941. Denom. $1,000. Due purchase bonds. was involved, the Court upheld $2,000 on May 1 and $3,000 Nov. I the judgment of Lorain County from 1943 to 1948 incl. and $3,000 North Carolina (State of)) Courts and overruled a motion for May 1 and Nov. 1 from 1949 to Court Decision—The Munici¬ review of the injunction suit 1966 incl. Interest M-N. A certi¬ pal Securities Committee of the brought by the taxpayer to pre¬ fied check for $1,500, payable to Investment Bankers Association vent issuance of the obligations. order of the Board of Education, submits the following 1941 Court must accompany the bid. ; decision as being of special inter- j Beachwood School ^District, Ohio Details Of Proposed Debt Com¬ ; > fronton, Ohio est locally and also to the municiBonds Authorized — The City pal trade: Under date of Sept. 4 position Plan—Thq plan of comSale by Date C. Not Set—It is Issue Heston, B. , State 2% Corp.~~_ Gibbons & Co., Rotterdam stated construction of buildings State Place Elmwood and at plated—W. R. Sandager, City Au¬ 2.20% Bond prepared Sold—The Not ing bonds offered Dec. 18—v. 154, p. Co. tan Bright, N. J. $43,000 not to exceed 6% interest refund¬ Bonds Delivery—Bank crossings in grade seven be Dec. voters. This is Bond Inc. Inc. . 30 that on available was Securities George B. . June than held awarded to the National Commer¬ ized a existed as of of the fund's a the November, 1940. of not to a deficit of $4,400,000 for debt $40,000 coupon or registered water bonds offered Dec. 19—v. 154, p. 1535—were E. Governor Lehman said the line public of Bernard ings all would be under¬ Approved—We , $2,900,000 surplus in the New York City." highway fund demonstrated the The Army Corps of Engineers necessity for a single State will build the line, and to speed budget and uniform fiscal year. construction the Army Air Forces He advocated breaking down the will map the territory from the system of dedicated funds so that air. all State revenues would go into According to Governor Leh¬ the general treasury: for direct man, the work will be financed appropriation. by the Federal Government. The The highway fund will have Governor added he expected the $2,900,000 surplus Dec. 31, the end line to become a self-liquidating of its year, because gasoline tax an& motor vehicle receipts pro¬ project later when operated in conjunction with the distribution duced that amount above esti¬ of St. Lawrence power. mates. In contrast, general State Definitive V Bonds Ready For fund revenue fell off so that a and Bonds Line eral Power Commission. the St. tation Ashley* N. D. an Power a tion would issues which Councils cial Bank of Albany, as 114s, at a Authority's price of 100.206, a basis of about Logan County (P. O. Napoleon), plan for a publicly owned and 1.21%. Dated Dec. 1, 1941, and N. Dak. operated transmission line to due $4,000 on Dec. 1 from 1942 to Price Paid—The County Audi¬ carry surplus electric power from 1951 incl. Other bids. tor now reports that the $62,000 the city area to the Government's Interest Rate semi-ann. refunding bonds sold to new aluminum plant at Messena, Other Bids: Rate Bid the Bank of North Dakota, of Bis-, Marine Trust Co. of Buff._ 1.70% 100.27 N. Y., near the St. Lawrence Manufacturers & Traders marck, as noted here on Oct. 18, River, has been approved by Trust Co. 1.90# 100.29 were purchased as 21/4s, at a price President Roosevelt and the Fed¬ R. D. White & Co " 2% 100.348 would form Cincinnati, Ohio Proposed Financing For Grade Crossing Elimination — Elimina¬ towns DAKOTA NORTH Ravena, JV. Y. current $4,400,000 gency the line would bring St. Lawrence power here "with max¬ deficit in the general State fund Dec. of bonds.. Bond Sale—The To Government nance funded more consent is required under a com¬ major problems of fiscal adjust¬ paratively new State law. ment revolve around it, the sur¬ New York (State of) has to submit to the voters an $210,000 power plant ruary, issue Deductions, of stand of 5.8%. on retirement for November. 38.2% Such cities. two re¬ tion to be held sometime in Feb¬ No¬ month same Commissioners cently ordered a city wide elec¬ a special election nard and three in Elmwood Place. 5, $40,000 not ex¬ Total cost of the project is esti¬ month totaling $418,245.43 left the ceeding 4% water works plant mated at $2,300,000. . Port Cincinnati would be asked to $717,170.06 available for and sewerage system construction were approved by the foot half the bill for elimina¬ sinking funds, reserves and debt bonds authori¬ to issue certificates the of month $1,135,415.49, the over year ago interest but it was not neces¬ until recently," to secure the sary, totaled vember been the custom of port of indebtedness the for Income either the City of the City of Rensse¬ laer, They are being issued in anticipation of port revenue and on nor revenues, vestigators. that the City . liability Albany Election—We understand Bond ized—The considering the to general property tax and the problems of "replacement taxes," the survey urges that emphasis be placed on expenditure as well as taxation problems. It is one of • of 7.6%, year Borrowing Author¬ according to the Port's monthly Albany Common Coun¬ statement for November. After cil recently adopted a resolu¬ to a study entitled "An Improved deducting $5,446,633.23 for inter¬ Fiscal Structure for New Jersey—, tion authorizing the port district est on funded debt, the Port had the Foundations," compiled by to issue $110,000 certificates of available for sinking funds, re¬ Part of the certi¬ Princeton Surveys, a branch of indebtedness. serves and debt retirement, $8,Princeton University's school of ficates will be issued in Decem¬ 642,641.44 or 40.1% more than in public and international affairs. ber and the rest next February. The certificates will not be a November, 1940. has to. handle . 1, 1941. National , , • 'I..':-, A V '» I 'J ' •> "•* ' ' < ' t* THE COMMERCIAL & FINANCIAL CHRONICLE Volume 154 1 Number 4023 Council passed a resolution to is¬ ; M , Kerwin, City Auditor, reports that $1,000. Due Nov. 15, as follows: the $150,000 sanitary trunk sewer $1,000 from 1943 to 1949 incl., and bonds authorized by the voters $2,000 from 1950 to 1952 incl. Bond last November will be offered for sale about Feb. 1. j » Offering—J. Cart- A. ledge, City Auditor, will receive sealed bids until 2 p.m. on Dec. Lorain, Ohio Authorized — The r''' 29, for the purchase of $13,000 6% ; Bonds City paving bonds, issued to pay the Council has passed ordinances property owner's cost of improve¬ providing for the issuance •- of ments. Dated Jan. 15, 1942. Due $56,712 3% various improvement; Nov. 15, as follows: $1,000 from bonds.- 1 1 Mayfield 1943 to 1949 Village School District Sold—The Retirement ers Teach¬ State System has int; ann. (P. O. Mayfield Heights), Ohio Bonds incl., and $2,000 from 1950 to 1952 incl. Prin. and semi- pur¬ office. an issue of $15,000 2%%j of the City Treasurer, is required. refunding bonds at" par. Dated Vinton School District, Ohio ■' Oct. 1, 1941. Denom. $1,000. Due Note Offering—Anna S. Evans. Oct. 1, as follows: $1,000 in 1943, Clerk of the Board of Education, and $2,000 from 1944 to 1950 incl. will receive sealed bids until 2 Prin. and int. (A-O) payable at the Cleveland Trust Co., Cleve¬ p.m. on Dec. 26 for the purchase of $4,122.39 not to exceed 4% in¬ land, or at the State Treasurer's Mentor, Ohio $10,000 Bond Sale—The second notes. \ terest 1 Dated due Dec. 26, bonds offered Dec. 18—v. 154, p, 1535-^ were awarded to the BancOhio series 26, Dec. refunding for pay- .about Bonds . and Oct. 15 from 1943 to 1952 as • $19noo Montgomery ing ton), Ohio Refunding Reduced—For first time in many years, field $30,000 000 Election—Everett as Jan. 1 due livered 1945 to N/2S, due as as bonds, at par, for 2s, due $6,000 from l%s, in 1949, and $20,due 1950 $6:000 and on 1951, and and taxation officials to Cleveland, whose Democratic Mayor has de¬ manded that the surplus be dis¬ tributed, to help the city set up its budget. At the same time, County Re¬ corders meeting at Cleveland adopted resolutions asking the send to Governor finance State the reconvene fered Glenn a for sale on Dec. 19—v. 154, tricts. 1477—were awarded to a syn¬ composed of the Northern Harris Trust & Sav¬ p. the to purchaser only if Redeemable at par and accrued proceedings author¬ interest 20 years from Feb. 16, the issuance thereof have 1922 or at any interest period been approved by the Pennsyl¬ thereafter on 60 days' notice by vania Department of Internal Af¬ public advertisement. fairs. On March 16, 1942—$1,050,000 Luzerne County (P. O. Wilkesbonds, approved in an ordinance passed on Feb. 6, 1922, issued ///,-''// Barre), Pa.. '///'V March 16, 1922. Due March 16, Debt Payments—The county Redeemable at par and paid off $1,222,000 in maturing 1972/42. bond principal interest and tax improvement anticipation notes on Dec, 1— bonds, at a price of 100.031, v. 154, p. 877. Resultant deple¬ for $205,000 as 2s, due $41,- tion of funds made necessary the 000 from Jan. 1, 1945 to 1949, borrowing of $300,000 from a local and $120,000 as 1V2S, due on bank to meet requirements for Jan. 1; $41,000 in 1950 and the remainder of the current year 1951, and $47,000 in 1952. \ Pennsylvania (State of) Vinita, Okla. — to Sustains Defi¬ Act—The Court Judgment State contract clause of the tion of the State Constitution. The reversal was made in t majority decision, with only Jus¬ tice James B. Drew dissenting The reason made for plain in a the reversal was concurring opin¬ Stern, who ion by Justice Horace wrote the 1936 decision. He pointed out that since that time the U. S. Supreme Court had also clarified the issue by pointing ou the majority of precedents in the 19th Century. Were "We cannot permit the broad language which those early deci¬ sions employed to force Legisla¬ ings Bank, both of Chicago, the series T-2 bonds offered for sale Chase National Bank of New tures to be blind to the lessons on Nov. 17—v. 154, p. 1071—are York, the National Bank of Tulsa, which another century has said to have been purchased at the First National Bank & Trust taught," Justice Stern quoted the par by the City Treasurer. of Tulsa, the City Natl. Bk. & Tr Federal tribunal. Sale—The Bond $6,000 2% community building, semi-ann. As¬ Co. of Kansas City, R. H. Moul- Glen wood Water District (P. O. Reduction of Indebtedness— sembly to split up the treasury ton & Co. of Los Angeles, R. J. Glenwood), Ore. The bonded indebtedness of surplus with local governments. Edwards. Inc.. of Oklahoma City, Bonds Sold—A $48,000 issue Pennsylvania was reduced to The Recorders asked also that the Small-Milburn Co. of Wich¬ of water supply system bonds is $80,109,727 as of Dec. 1, it was beer, malt, wort, and admission ita, and the Fourth National Bank said to have been sold recently. reported by the State Audi¬ taxes be turned back to the local of Tulsa, at a net interest cost of tor General's Department. Re¬ Lane County School District No. 76 treasuries instead of placing these about tirement of 1.90%, on the bonds divided $2,500,000 worth oi (Pi O. Oakridge), Ore, revenues in the general revenue as follows: ; \ Series H relief and gen¬ Warrant Sale—The $4,050 reg¬ 334% fund after Dec. 31. They now are eral purpose bonds and payment $916,000 water works extension istered interest bearing warrants allocated to counties for relief. and improvements bonds, at of $384,958 into the sinking fund offered for sale on Nov. 15— demanded Recorders The local for $50,000 as 2s, due on 1, 1945; $550,000 as 2V4s, $50,000 from Jan. 1, 1946 to 1956, and $316,000 as l%s, due on Jan. 1; $50,000 in 1957 par, receive $24,000,000 sales tax revenues the $12,000,000 now governments a year from of instead allotted to them. Jan. due : v. the of 154, 999—were p. United Eugene, mium of States awarded to National Bank as 2s, paying a pre¬ $5.00. Due $2,000 on will bring down to cents. A total the ' capita debl decrease of 84 per $8.09, a /'v'/<.-'•■ Pomeroy City School District, Ohio Plans Bond Sale—The Board of 1961, and $66,000 in will arrangements school improvement bonds. Lake Silver . shortly complete for the sale of (P. O. R. D. J,. 1956, Cuyahoga Falls), Ohio • Bond sewer & Dec. Co. of 8 to at 2.94% $353,000 as l%s, of Jan. 1; $57,000 in 1957 as ' 1, as at a recent County Indebtedness At Close refunding bonds Of 1940—The November bulletin approved by the voters. of the Department of Internal Affairs, Harrisburg, contains a PENNSYLVANIA tabulation showing the bonded Education, election were price of 100.029. for $195,000 a price of 100.28—v. 154, p. 1477— wer° sold as 3s, a basis of about and 1961, and $68,000 in 1962. 318,000 fire stations construction and equipment bonds, at a Lawrence Cleveland, on to Sale Details—The $10,000 improvement bonds awarded Cook due that dates moneys issue of could be followed. Although the impost is expected to yield $20,- 000,000 in 1942 and there will be a surplus in 1941-1942 of $3,390,000, the committee pointed out in its report that projected salary increases to city employees will practically absorb all of the an¬ ticipated surplus in general rev¬ enues. Roaring Spring, Pa. Authorized—An Bonds ordi¬ the Borough Council on Dec. 1 provides for the issuance of $70,000 not to ex¬ ceed 2*/4% interest bonds, includ¬ ing $7,500 funding, $15,000 water works refunding and $47,500 sani¬ tary sewerage system refunding. approved nance by All of the bonds will be dated Dec. 15, in 1941, mature $1,000 denoms. and $3,000 from follows: as incl. and $4,000 from 1952 to 1961 incl. 1942 to 1951 Tremont (P. Township School District O. Tremont), Pa. Bonds Approved—The Department Penn¬ of Internal approved $59,000 not to exceed 3% interest bonds, consisting of $25,000 operating revenue and $34,000 refunding. sylvania Affairs recently Bond Proposed 1942 budget for the issuance finance tions posed for Pa. Issue — The is predicated on of $300,000 bonds to various during issue municipal opera¬ the year. The pro¬ would be submitted consideration of the voters at the spring election. * Wilson $17,465 Glenolden, Pa. cease on called; provided, however, that all Wilkes-Barre, $112,926,000 is cur¬ rently outstanding against the $175,000,000 borrowed by the v Education the said issues shall ■ of Nov. 15, 1941, and $2,050 on April 1962. 1, 1943. v -■'V',''' ' Commonwealth in four major 1,037,000 sewer extensions and improvements bonds, at par, Malheur County Union High Sch. loans negotiated through sales oi for $57,000 as 2s, due on Jan. Dist. No. 4 (P.O. Adrian), Oregon 10 different series of securities be¬ Bonds Approved—It is stated tween 1. 1945; $627,000 as 2*/4s. due 1919 and 1934, Auditor $57,000 from Jan. 1, 1946 to by Florence Otis, Clerk, Board General F. Clair Ross reported. to interest 20 years from 16, 1922, or at any interest period thereafter on 60 days' no¬ tice by public advertisement. Payable at the Philadelphia Na¬ tional Bank, fiscal agent, Phila¬ delphia. Interest on all bonds of accrued March for the redemption of the bonds hereby proposed and directed to be redeemed, Supreme Court reversed itself Nov. 28 and found constitutiona* placed in the Sinking Fund, shall be first applied to the payment, as the 1941 Deficiency Judgment far as applicable, of the principal Act, passed to protect real estate of such bonds. ' ; owners from losing their property To Retain Wage Tax Levy— to mortgage holders while still The special committee recently remaining indebted for the bal¬ ance/of their obligations to their appointed by the Mayor to ascer¬ tain whether the 1V2 % wage and creditors. A previous Deficiency earned income tax could be re¬ Judgment Act, passed in 1934 duced or eliminated next "year bad been invalidated by the high recently urged that neither course tribunal in 1936, as being a viola¬ Senior ciency that Coquille, Ore. dicate Trust Co., the 30, Dec. on and after the street the City Council Bond Move Declared Illegal— special election for Jack Rorshach, Special City At¬ the Dec. 30 on a $300,000 bond issue torney, held the City Council County Board of Commissioners to be combined with an approved acted illegally when it voted to will pay off a portion of its ma¬ $276,900 Federal grant to expand abandon a $160,000 bond issue ap¬ turing bonds instead of issuing water, sewer and fire facilities. proved in an election for the pur¬ refunding bonds for the entire Proposed improvements, listed pose of acquiring a municipal amount. Revenues have been run¬ by Mayor Glenn, follow: electric system. ning above estimates and indica¬ $27,500 reservoirs for filtration tions are that the county will pay OREGON plant at Medicine Park. off $200,000 of the approximately 28,500 concrete filters. Columbia County, Central Lincoln $600,000 bonds maturing this 44,500 resettling basins. Public Utility Dist. (P. O, year. The remainder will be re¬ 7,000 chemical treatment Clatskanie), Ore. funded. 12,000 additional water line from Contemplated Bond Sale—We Lake Lawtonka Dam to fil¬ Ohio (State of) understand that this district and ter plant. Clatskanie Public Utility District Governor .Rejects Pleas For 6,000 miscellaneous filter plant have Special Session—Governor Bricarranged to purchase the improvements, including high Coast and Clatskanie divisions of ker refused on Dec. 4 to call a fence and lights. West Coast Power Co., for $750,special Legislature to distribute 74,000 water lines to city limits. 000 and $150,000, respectively. surplus funds accumulated by a 49,610 supply lines. Properties will be delivered as "carefully and economically han¬ 52,000 fire equipment. soon as State dled policy * * * I wish it could Hydro-Electric Commission be duplicated Tulsa, Okla. approves purchase in many of the cities of the State." Bond Sale The semi-ann. agreements and revenue bonds are voted and sold by the dis¬ The Governor arranged, how¬ bonds aggregating $3,833,000, of¬ ever, passed ' $19 nft0 in 1950 and izing and Mayor, the have called the tax- $8,000 in 1952. 334,000 OKLAHOMA Bond * 1, 50.000 auxiliary airport and fly¬ : department. O. Day¬ (P. Jan. 1951, and $16,000, 1952. Lawton, Okla. County Jan. 3 en recently 15, 1941. from 1949. and $40 0oq Authorized—Citv All of the bonds will be dated Oct. taxes within valorem , incl. / ad Jan. 1, 1945 to passed legislation from 1943 to 1952 incl. providing for an issue oi $do,vuc bonds to provide for purchase 4,000 water works improvement equipment for the police bonds. Due $200 on April 15 of - bonds. • Youngstown, Ohio 3.16%. Sale consisted of: $8,000 from Jan. 1, 1949, and $25,000 as Denom. 1942. 1919, supplementing an ordinance ing limitations placed by law upon 40,000 public libraries construcpassed on June 29, 1916, and boroughs. A certified check for amended tion bonds, at par, for $25,000 by ordinances passed on 2% of the bonds bid for/payable as 2s, due $5,000 from Jan. 1, April 5, 1921, and Jan. 14, 1922. to order of the Borough Treasurer, 1945 to 1949, and $15,000 as Pursuant to said ordinance there is required. The bonds are issued was issued on Feb. iy2s, due $5,000 on Jan. 1 in 16, 1922, $9,subject to the favorable opinion of 1950 to 1952. 000,000 bonds due February, 100.000 municin*l airport bonds, Townsend, Elliott & Munson of 1952/42, of which $4,543,000 have Philadelphia, and will be de¬ been refunded and cancelled. eat p~r. for $60,000 2s, ab'e to order of the Board of Edu¬ $6,000 delinquent tax bonds. Due $300 .on April 15 and Oct. 15 cil due - to 1952. j Columbus, as 3*/4s, cation, is required. of 100.50, a basis of price a 2s, funding - Securities Co., at of 3y>% . 1941, and of the notes, . general coupon $85,000' debt and the net debt per $1,000 interest; of property. Copies of the bul-. obligation re-^ letin may be procured from purchase exceed ■ Callable after A certified 1943. 1% to - Nov. 30 in any year. check the not ^ Dated Jan. 15,, William S. Livengood, Jr., Secre¬ $1,000. Due Jan. tary of the Department. 1945 to 15, as follows: $6,000 from 1943 Pennsylvania State Authority to 1955 incl. and $7,000 in 1956. IV2S, due on Jan/1; $8,000 in (P. O. Harrisburg), Pa. 1950 and 1951, and $9,000 in Bidder to name one of the follow¬ To Issue Bonds—The Authority ing rates of interest: 1%, 1*4, l1/^, ^1952^ has agreed to issue $750,000 bonds 709,000 public storm sewer sys¬ 13/4, 2, 2y4, 21/2, 23/4, 3, 3y4, or •; to finance construction of a new Dated Jan. 15, 1942.* tem bonds, at a price of 31/2%. executive mansion. Denom. $1,000. Due Jan. 15 as 100.026,., for $440,000 as 2s, due $88,000 from Jan. 1, 1945 follows: $6,000 from 1943 to 1955 Philadelphia, Pa. Principal to 1949, and $269,000 as l%s, incl. and $7,000 in 1956. Bond Call—The City Council and interest (J-J) payable with due on Jan. 1; $88,000 in 1950 passed ordinances on Dec. 8 pro¬ hand 1951, and $93,000 in 1952. out deduction for any tax or taxes, viding for the call for payment of 264,000 public sanitary sewer except succession or inheritance! outstanding bonds, on the dates taxes, now or hereafter levied or! system bonds, at a price of mentioned, as follows: * ' assessed thereon under any pres- i 100.024, for $165,000 as 2s, On Feb. 16, 1942—$4,457,000 ent or future law of the Common¬ due $33,000 from Jan. 1, 1945 bonds, all outstanding of an issue wealth of Pennsylvania. These) of to 1949, and $99,000 as IV2S, $15,000,000, authorized in ari due $33,000 from Jan. 1, 1950 obligations will be payable from] ordinance •'v, chased office. and for 1951, $45,000 in 1952. 65,000 traffic signals installation bonds, at par, for $40,000 as •r $130, payable to order for check at the City A certified payable Treasurer's and 1950 in 000 Steubenville, Ohio ; $20,000 not to exceed 6% in¬ Bonds Authorized—City Coun¬ terest flood protection bonds, to cil passed an ordinance on Dec. 3 mature serially from 1943 to 1977 providing for an issue of $13,000 inCl. ; r™' interest special .;rM '' ■, .\(' ''■7 ■ / i not to exceed 6% assessment streetimprovement Kent, Ohio bonds. Dated Jan. 1, 1942. Denom. Proposed Bond Sale—Francis J. sue 1639 indebtedness of each county in (P. O. Easton), Pa. connection with Correction—In the report in v. 154, p. 1581—of the award of $28,000 funding and refunding bonds to Singer, Deane Scribner of Pittsburgh, we 2s. due $39,000 from Jan. Bond Offering—H. L. Simon, the State as of Dec. 31, 1940. Both & have since learned that the suc¬ 1945. to 1949, and $123,000 Borough Secretary, will receive the (gross and net indebtedness cessful bid was a price of 101.189 1 %'s, due on Jan. 1; $39,- 'sealed bids" hntil 7 p.m. on Jan.'8 are listed, also the per capita net , THE COMMERCIAL & FINANCIAL CHRONICLE 1C>40 (not for 2s, a basis of The premium paid 101.89) about 1.85%. vrwas $333. Other bids: " Bidder— Blair & Burr & Inc. CO., ; Rate Bid. 2% — Co.-_. H. ; Int. Rate \ . . 100.395 • - 2'M , 100.17 ; Par Par ; 2% National Bank__- '2% Leroy Easton Dolphin Snyder_______ & Co.___ 2Vz'/c 2Vz% _ Moore, Leonard & Lynch street, and construction. sewer bonds endum to 1942. held be March on 12, Bank- & of Bank Trust Boston, SOUTH CAROLINA Timmonsville, S. C. Bond Refunding Plan^—Holders bonds all of bonds braced being advised that are the within town are em¬ refunding plan that has been approved by a large proportion of the bondholders. Past due coupons and accrued in¬ terest on past due bonds are to be paid in full. Refunding bonds are ready for delivery. For full par¬ a ticulars bondholders W. to R. to write are McLeod, Clerk and Treasurer of the town. SOUTH locally. TEXAS Aspermont, Texas Offered Bonds Public to — Rauscher, Pierce & Co. of Dallas, are offering to the public $24,000 4% water works system and sani¬ tary sewer system revenue bonds. Nov. 1, 1941. Int. payable & N. Denom. $1,000. Due Dated DAKOTA Bonds Board Sold—The of Clerk of the informs Education us Bond Election—We passed an submit to Sold—The Bonds the. voters issue an Due tween Padre Island and the main¬ land, and Sold—We Callihan understand Jackson & of Dal¬ of Dallas. Cochran County Road Dist. No. 1 (P. O. Morton), Texas Election—We Bond Wast a No. that Independent School District 1 (P. O. Wasta), S. Dak. Bond Offering will* be received — Sealed until bids 7:30 p.m. Dec. 26, by an election has understand been called for Jan. 3, to submit to the voters an issue of $150,000 road im¬ provement bonds. Texas Bonds stand in 1961. the under¬ issue Bank, on Nov. on Notes W. Sold—It Kennerly, that local banks $300,000 notes. is Prin. and int. payable at Mercantile Commissioners Outlawed on or Sold—Crummer Dallas said are Co. & have to pur¬ by W. Law. before Jail. 31. f-jv Nashville, Tenn. Election—It is stated by Woodward, City Clerk, that iDonds aggregating $2,000,000 and divided as follows: $1,775,000 P. L. per pre¬ with VIRGINIA Danville, Va. Bond Issuance plated—In school Not Contem¬ connection bonds to the with the amount of from $300,000 to $400,000, which the city expected to place on the market early next year, as men¬ tioned in our issue of Sept. 13, City Auditor and Clerk C. A. Coley informs us that the City Dec. 29 to approve the issuance of not exceeding 3% bonds aggre¬ gating ment bonds. The which Due April $150,000 no bids Dec. 8, near future. road were 10, 1952. bonds for received on will be reoffered in the ■ . Edinburg, Texas Bond Election—We understand gen¬ Confederate Pension Warrants— are now Pension Bonds and tin (P. will be overcome under¬ interest on Oct. warrants been been notified that these warrants will be paid at face value by the Treasury Depart¬ Texas (State of) Estimates on New Tax Revenue —State Comptroller Sheppard estimates amended total omnibus bill tax bring to the State a revenue of approximately year. during This the would current be (P. about Housing Authority Williamson), W. Va. O. Bonds Sold—A $49,000 issue of series A (first issue) bonds was bonds Vanderbilt Ind. Sch. (P. O. Vanderbilt), Texas Bonds stand Approved—We that at a recent election bonds $60,000 gymnasium approved. Victoria under¬ were Water and Improvement District No. * whole a verse the or order the op¬ interest of their numbers at following percentages of par value, Control 1 (P.O. Victoria), Texas Bonds Approved—It is stated County as on prior to maturity, in part, in the in¬ date payment at any redeemable are tion of the issuer 104% plus if accrued redeemed on interest: or before May 1, 1946, 103.50% if redeemed thereafter but on or before May 1, 1951, 103% if redeemed there¬ Secretary of after but on or before May 1, 102.50% if redeemed the Board of Directors, that at a 1956, and recent election $40,000 not ex¬ thereafter but prior to maturity. Prin. and int. payable at the ceeding 5% water and sewer combination tax and revenue Chemical Bank & Trust Co., New York, or at the First National bonds were approved by a count by of M. C. 41 Dunseth, for to 4 Bank against. Wheeler Ind. Sch. Dist. (P. O. Bonds Offered To of approved Williamson. by Caldwell mond of New York. Public—We Legality & Ray¬ L ' WISCONSIN understand that R. A. Underwood & Co., of Dallas, are offering $20,000 414% semi-ann. refunding Allouez (P. O. Route No. 6, Green Bay), Wis. Sale—It is stated by Bond Dated 1941. Denom. $500. Due Clarence C. Linck, Town Clerk, April 15, as follows: $1,500 in 1954 that Gillespie & Wauters, of Green and 1965, $2,000 in 1966 and $3,000 Bay. have purchased $6,500 4% in 1967 to 1971. Prin. and int. bridge bond for a premium of of bonds to the general public. will $109,538,425 tax George II. * that the VIRGINIA WEST Williamson ment when presented through the regular channels. ( sold recently to Nelson, Browning It is a pleasure for this Depart¬ & Co. of Cincinnati, at a net in¬ ment to announce the retirement terest cost of about 2.65%, for the bonds purchased at par, divided of this deficit of long standing., From this date, Confederate pen-; as follows: $13,000 maturing Jan. sion warrants assume the same, 1, $7,000 in 1942, $2,000 in 1943 to status as all other State warrants 1945, as 2s, $5,000 maturing Jan. 1, | which are cashable at par value ■ $2,000 in 1946, $3,000 in 1947, as and may be so treated by persons j 2V4S, $7,000 maturing Jan. 1, $2,000 in 1948, $3,000 in 1949, $2,000 or firms cashing such warrants for in 1950, as 2^s, and $24,000 ma¬ recipients. Other than general revenue turing Jan. 1, $3,000 in 1951 and fund warrants, all State warrants 1952, $2,000 in 1953, $3,000 in 1954 are cashable when issued and to 1956, $4,000 in 1957, and $3,000 should be presented immediately in 1958, as 2%s. Denom. for payment. $1,000. All series A 1. appointed exchange has Wheeler), Texas Texas the voters. , Approved—We accrued has Fund O. Matador), within the next 30 days, each re¬ Texas cipient of Confederate pension Motley County Oct. 15, at the Mercantile Na¬ $625.00, equal 109.615, a basis of than was col¬ payable Due Legality 2.14%. Dated July 1. 1941. lected, due mostly to raising the tional Bank, of Dallas. tax rates on petroleum and other approved by Pat Dougherty of $650 from July 1, 1942 to 1951 $21,539,425 . Warrants—All holder of such warrants. We American National Bank of Aus¬ $200,000 and divided: purchased $31,200 road and bridge machinery, anticipation $168,800 road and bridge improve¬ 1942. Bond Texas Bond Issuance Approval Pend¬ have revenue Due of cents $75,000 construction bonds is be¬ ing considered. paying at face value' chased $10,000 4% semi-ann. road Kitsap County Sch. Dists. (P. O. all warrants drawn against the bonds at par. Due on April 10 in Port Orchard), Wash. Confederate Pension Fund. All 1943 to 1952. | Bonds Approved—It is stated Confederate warrants cashed by by Reina M. Osburn, County Limestone County (P, O. Groesrecipients on or after Nov. 30, Treasurer, that bonds aggregating 1941, will not require an affidavit beck), Texas $160,000 and divided as follows: Bonds Defeated—We under¬ by persons or firms cashing these $69,000 Sch. Dist. No. 400, $41,000 stand that at a recent election warrants that they have not been Sch. Dist. 401, $50,000 Sch. Dist. $302,000 road and bridge refund¬ discounted. Since it is anticipated No. 402, have been approved by that the deficit in the Confederate ing bonds failed to carry. Bonds of National on stated Director 22 Salt Lake City, Utah Correction—In connection 29 ing—We understand that the Commissioners Court is to meet Knoxville, Tenn. The UTAH drug-store of . ceased abolish to a the passage issued prior to and in¬ has no bond issues in prospect at this time. cluding Jan. 6, 1941. ' National law for causes was system approved by WASHINGTON approved an eral revenue warrants written $38,000 2y2% and 3% prior to Sept. 1, 1939, come under Hillyard Sch. Dist. No. 81 (P. O. road refunding bonds. the classification of "outlawed. Spokane), Wash. Bond Issuance Contemplated— warrants," and we request that' Lavaca County (P. O. HallettsWe understand that an issue of you notify us if you are the ville), Texas Court Bank, 1953. Prin. and int. payable at Dallas. These bonds, authorized the Mercantile National Bank, of $78,250, which are the remain¬ by more than a two-thirds major¬ Dallas. Legality approved by ing bonds of these series aggre¬ ity vote of the qualified taxpay¬ Chapman & Cutler of Chicago." gating $95,500, are called for pay¬ ers of the district, are issued for ment on Jan. 1, 1942, at the office Talco, Texas the purpose of constructing per¬ of the City Recorder. Dated Jan. Debt Composition Plan Con¬ manent roads in the district, and 1, 1937. Due Jan. 1, 1957. firmed—The plan of composition are payable from a continuing un¬ for the indebtedness of the above Dyer County (P. O. Dyersburg), limited ad valorem tax levied city was confirmed by the United Tenn. -f upon all taxable property within Bond Call—It is stated by I. L. the district and constitute direct District Court of the Eastern Dis¬ trict of Texas on Dec. 4, as being Pitts, County Chairman, that and general obligations thereof. fair and series "B" refunding bonds Nos. Legality equitable. Holders of approved by W. P. 16 to 53, being all bonds outstand¬ $115,000 of outstanding indebted¬ Dumas, of Dallas. ness aggregating $142,000 are said ing of said series, are called for Dallas County (P. O. Dallas), to have acepted the plan. The payment on Jan. 1, 1942, at the Interest electric were warrants Approved—We that Mildred Webb, Mayor, that refunding Ser¬ the ies "A" to "F" bonds to the amount First-Citizens chief connection — Dyersburg. Jan. 1, 1942. the saloons. Clerk of the Board of : of under¬ election ' is stand that an election on Nov. 22, Bruce, Cooke County (P. O. Gainesville), resulted in favor of issuing $70,Texas Education, 000 road improvement bonds. for the purchase of $8,500 3% Warrants Sold—We understand semi-ann. refunding bonds. that the First State Bank, Seagraves, Texas of Denom. $250. Additional Information—It is Dated Jan. 1, 1942. Gainesville, has purchased $12,Due $250 on July 1, 1942, and on 000 3% semi-ann. road and bridge reported in connection with the Jan. and July 1, 1943 to Jan. 1, funding warrants. Due in 1945 sale of the $87,000 water and 1959. All of the bonds to be re¬ sewer refunding bonds to Moss, to 1947. deemable and subject to prepay¬ Moore & Cecil, and Rauscher, ment at par and accrued interest, Crosby County Con. Road Dist. Pierce & Co., both of Dallas, No 1 (P. O. Crosbyton), Texas at the option of the district, on jointly, noted in our issue of Bonds Offered To Public any interest payment date prior Nov. 1, the bonds were sold as %■ to the due date thereof. No bid Rauscher, Pierce & Co., of Dallas, follows: $42,000 maturing Oct. 1, for less than par and accrued in¬ are offering to the public $25,000 $4,000 in 1942 to 1944, $5,000 in terest can be considered. 314% road bonds. Dated Nov. 1945 to 1950, as 3%s, and $45,000 10, 1941. Int. payable M.-N. maturing $5,000 Oct. 1, 1951 to Denom. $1,000. TENNESSEE Due May 10, as 1959, as 3%s. Dated Oct. 1, 1941. follows: $1,000 in 1943 to 1956, Denom. $1,000. Bonds maturing Dresden, Tenn. Bond Call—It is stated by King $2,000 in 1957 to 1980, and $3,000 1954 to 1959 are optional at par on a recent Due in 1943 to 1947. Jesse James, State Treasurer, is¬ Antonio, is $70,000 2%% refunding bonds. sued the following bulletin on Council and the Board of Educa¬ purchased $7,000 Due in 1948 to 1972. tion recently decided to postpone Dec. 5: all 3%% semi-ann. refunding bonds capital improvements not $84,000 3*4% refunding bonds. To the Holders of General Rev¬ at par. immediately necessary. enue and Confederate Pension It now Due in 1952 to 1957. appears that these bonds will not Warrants: $239,000 3%% refunding bonds. Cameron County (P. O. Browns¬ We are paying at face value be issued in the immediate future, Due in 1958 to 1968. ville), Texas general revenue warrants to and as the entire project has been set Bond Issuance Contemplated— Fannin County (P. O. Bonham), The city including 82,948 which includes all aside for the present. We understand that the Commis¬ $2,000 from Feb. 1, 1944 to 1947. One a more have to ordinance to at yield than previously $175,000 3%% when collections were about $87,- revenue bonds the voters.. 1 999,987. $22,087,501 McRoberts- understand $8,000 not exceeding 5% mu¬ nicipal water improvement bonds. that Thomasma Co. of San said that of Texas' Approved—We Bonds stand with the $453,000 fetch $9,000,000 more. Disappointed weire the rosy being exchanged with the original holders, report of which hopes that $825,000 would be appeared in our issue of Dec. 9, a garnered from the oil and gas syndicate composed of Rauscher, well servicing tax, which, it ap¬ Dallas. Legality approved by the Pierce & Co., Crummer & Co., pears now, will yield only about Attorney-General, and John D. Moss, Moore & Cecil, all of Dallas, $141,000. • and R. K. Dunbar & Co., of Austin, Shrunken also was the estimate McCall, of Dallas. is handling the exchange of the on the stock transfer tax from Big Wells Independent School Dis¬ bonds as follows: $250,000 down to $25,000. trict (P. O. Big Wells), Texas Warrant Redemption Notice— $60,000 2%% refunding bonds. City Council an Winters, the would scription levy before then would the report in our issue of Dec. 2 have netted about $1,540,000, but that a syndicate headed by the stated by J. W. Wallace, Secretary with the tightening-up of pre¬ First Securities Trust Co. of Salt of the Board of Trustees, that all scription liquor sales the revised Lake City, had tenders received on Dec. purchased $2,450,9, of estimate is not expected to be 000 tax the above district's 1938 series re¬ anticipation notes, it is more than $10,000, according to stated by Ethel MacDonald, City funding^/bonds were rejected; the State Liquor Board. Recorder, that only $1,250,000 First estimated to bring in $3,Ennis, Texas notes were sold at 0.50%. Dated Additional Information—It is 536,000 more, the increased oil Jan. 1,1942. Due on Jan. 1, 1943. ' stated by Mayor R. F. Brumback production tax is expected to in las, have purchased $40,000 3% on Dec. 1 refunding bonds. Dated Nov. 15, calling for 1941. Due Nov. 15, 1942 to 1946. election to be held on Jan. 12, Legality approved by W. P. Dumas, the that were bonds 1, as follows: $1,000 in 1942 to 1947, and $2,000 in 1948 to 1956. Prin. and int. payable at the Mercantile National Bank, Bonds that May 1, 1941. on measure lowered estimate Edinburg Con. Ind. Sch. Dist. M. that $600,000 revenue that $19,500 coupon refunding bonds are expected to be issued bonds were purchased on Dec. 1 to finance the project. by the State Permanent School Cass County Road Dist. No. 1-A Fund, as 3s, at par. Due in 1961. (P.O. Linden), Texas Interest payable J-J. Milhank, S. Dak. law a estimates revenue system *' (P. O. Edinburg), Texas Tenders Rejected—It . , Loyalton Independent School Dis¬ sioners Court on Dec. 3, approved trict (P. O. Loyalton), S. Dak. the construction of a causeway be¬ :;i-M $250,000 plant, $175,000 gas First of Nov. 0.78%. of revenue Bond Co., New York, at 0.49% discount. Dated Dec. 22, 1941, and due Aug. 6, 1942. / Other bids: G. M.-P. Murphy & Co., 0.59%; Second Na¬ tional Bank of Boston, 0.60%; National system, bonds. $9,300 town bonds Note Sale—An issue of $100,000 was awarded Dec. 19 to the First and bill became the to $925,000 and $500,000 elec¬ follows: as called been Sold—It is stated by the have been sold notes Hanover aggregating plant water Selmer, Tenn. Bonds 100.65 has to submit following f 19, the divided tric / Westerly, R. I. Central Dec. submitted to the voters at a refer¬ 101.189 ISLAND election an for voters Town Recorder RHODE that $225,000 fire stations, drill tower and equipment bonds, are to be Tuesday, December 23, 1941 resources more and businesses. r "ru The Austin. >1. incl.