The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
;
^
,';;V
'
t
DEC 23
I;*,*-''
r.
Office
Reg. U.S. Pat.
'■:-■.■;-4;
\
Volume 164
m
MONDAY
New York, N. Y.,
Number 4553
Price 60 Cents
Monday, December 23, 1946
Copy
a
wp
General
RAILROAD
:
Corporation andlnvestment News
PUBLIC UTILITY
-
'
<Including Canadian Subsidiary) 44 .;v4!
;
'44 Period End. Aug. 31—
Net
sales
Cost
(shipments)-
Other
sold
goods
...
3,400,972
i.
"115,436
$2,417,128 $16,584,917 $12,345,703
$4,650,420
3,253,100
inc.
Fed.
taxes
'Net profit fr.
Unrealized
■y
.931
24,173
;
! ,7;
•
.;4-. •
...«••
-
V
:
$147,545
$2,245,928
$1,143,147
$0.20
$2.97
,
$827,955
$1.09
V-l-
received
the
from
British
Government
contracts.
Baltimore
■':/
;\.Y 10 Mcnths
Exchange.——
Bales
'.V'
(not including excise taxes)
1946
....
Profit before Federal taxes,on income
Estimated
Net
Net
Federal
profit
...
$3,883,000 (not including
excise taxes).
Admiral is producing at an all time high, with sales
now
running at $47,000,000 annually.—V. 162, p. 2809; V. 164, pp.
269, 2149.
■.4;
:A i
the
for
Bales
,-x
month
November /were
of
Amort,
:
Divs.
Dec.
on
company
filed
13
letter
a
of
the
with
notification
V
expenses.
-
•/
"
revenue
146,298
3,027,377
2,998,181
48,766
; -
taxes..
ex-1
taxes.
.—J
Federal Income and
profits
cess
585,193
3,107,089
subs,
Income
Gross
$781,703
'■■■:
$9,386,634
238,724
2,883,746
$9,565,464
2,885,411
5,004
Crl2,054
70,928
16,139
62,861
$240,255
$6,369,099
189,082
.1,812,240
$6,565,501
2,268,986
...—
Net
$527,802
income
105,000
stock
pfd.
on
April 30,
,
:
v
—
4
$422,802
Cable
Algoma Steel Corp., Ltd.—Partial Redemption—
of
31,
-V;1
y
"
^
iv*'v '!■
Profit
i
on
income
Prov.
;
% rr
—
estd.
for
Common
Earns.
com.
2,062,722
$2.58
share.
;
,Net
7
■
,
1,663
760,199 ;
4,582
39,154
—
■
'
!;;!';
1,169,956
49,192
r
,
4;444.'■.-4
■•44...;'-'
•
taxes—
89,278
stock——
&
€0,017
pfd.
1,444,112
793,024
earned
net
,
>
deduct,
for
stock
27,267
48,090
4-'
com_r_—
■
;
32,240,922
of
331,916
1,017,675
645;641
1,689,209
44r-v\- *
16,110,480
■
5,100,000
2,169,694
1,804,882
$1.01
14,900,000
Y;
18,400,000
17,340,922 V 8,216,269
2,062,722
1,804,882
$8.02
$3.93
,
;'-"
10,721,215
exclude
to
Charges for
;
379,014
708,116
724,371
479,666
revenues..—!
•
tSpecial
-
*$853,753
income,
$1,998,568
71,144
171,834
$3,621,855
52,230
Dr$782,609
$2,170,402
$3,674,085
•'
net
—7—
:
...
long-term debt of subs.
full
in
for
U.
credit
'■ :
in •1944)————
Fed.
S.
profits
.excess
26,616,269
•/>:.
on
.(retired
•Prov.
;•
/ >
Debt
Retired."—V.
164,
p.
2681.
V'"-?.-: "•
.
income
taxes!
and
„
....
'
695,875
300,000
....
...
7
208,416
■
>■
;_!•
Net income
announces the appointment of Bert A.
succeed Frederick W.
Doremus, who
Jochen as
resigned to
Underwriters Association.
Mr. Jochen has been Manager of the Western Department of Tha
American Group's Fire Companies for the past four years.
He will
take up his new duties Jan. 1.—V, 164, p. 270.
; ; !
;
company
to
Vice-President
Manager of The Eastern
become
.
/
.
>
C. R. Smith,
4.!>
-4.4
■/■
Vice-President and member of the board,
31 to become President of Western Air
Lines, and H. K. Rulison, Treasurer of American Airlines, resigned as
member of the board effective immediately.
4 4'4..4-'
'
of the board held Dec.
/
Terrell
$1,474,527
C.
E.
R.
lines
S.
was
16.
■..
Drinkwater,
the
leave
will
company
Dec.
Deichler, Vice-President-traffic
elected
a
of American Overseas .Air¬
and C. W. Jacob,
director to succeed Mr. Rulison,
Secretary of American Airlines, was elected to succeed Mr. Drinkwater
as Vice-President and director of American Overseas Airlines.—V.
164,
p.
2402.
4,.;4-4 4.v; ■ 4^44444
American
—
Pr$482,609
President, has announced the acceptance of two resigna¬
tions from the board of directors and their replacements at a meeting
••.■;•:■;;:■:.;;;. ••
>44';'.4-4!-44■
1,978,600
$1,487,069
Capital shares outstanding..
3,484,120
3,504,856
3,504,856
Earned per
share
L__!
;
Nil
$0.42
.$0.42
•No provision estimated to be required for excess profits tax in 1945!
•(Estimated claim for refund of prior year's U. S. Federal Income taxes
(resulting from net operating loss carry back).—V. 164, p. 1861.
*
...
'Z American Overseas Airliner, Inc.—New Directors—
.
f-; •'■:■■• ■•!■
Stores Co.—November Sale Up
.■>V;!/.444S!4>^44\:^
Period End. Nov. 30—
Sales
of
40.3%—
_!.u—
—
$
$
S
1946—Month—1945
1946—11 Mos.—1945
28,525,424 20,331,940 275,691,683 210,285,231
Figures for 1945 have been adjusted by company
Danahy-Faxon Stores.-—V. 164, p. 2682.
to include sales
'
SPECIALIST IN
'•
"
CORPORATE FINANCE
Trading Markets in
-
FLORIDA & NEW JERSEY
SECONDARY MARKETS
-
Municipal Bonds
Over the Counter Securities
"
municipal
department
f
GEARHART
■M'h
Wn
«i
,
'^Z
qAllen& Company
""""
■,
<4$. w £
s»(y
V
HAnover . 2-2800
""
■
.
Troster, Currie & Summers
-
Members New
45 NASSAU
NEW YORK 4, N, Y.
Bell Teletype: NY 1-5T3
&; COMPANY
INCORPORATED
Members New York Security Dealers
Established 1922
SO BROAD STREET
Telephone:
V
44. V
14,405,658
■■•• "■
19,373,519
332,894
719,885
844,050
1,366,200
140,767
exps.,
1,668,767
hone
>#
STREET, NEW YORK 5
v.Philadelphia Telephone
$-8600
•
Association
Enterpriee 0015
■«
.
;
.
"
BeU Teletype
New York 1-57$
York Security Dealers Association
Trinity Place, New York 6, N. Y.
Telephone HAnover 2-2400 4
4 Teletype NY 1-376-377
74
k
Private Wires to Buffalo
Cleveland Detroit Pittsburgh
-
<*" '
' - ► *
:
^h \
68,188
15,666,618> 10,140,23$
"
- ' -•
- •
2,273
inc.
^.iRwinii.wiiit
306,273^
2,907,546
The Scranton Electric Co., subsidiary sold as
of April 30, 1946.
>
.:44.-^
tAdjusted to show the amount of tax reduction applicable to the
respective periods.
These non-recurring tax reductions arose out of
the accelerated depreciation of war emergency facilities and the re¬
tirement of funded debt, but amounts equal to the tax reduction
have
been
included in
"Reservation of Net Income" and
"Special
597,766
;7?<308,831
...
profit
income
Interest
^
/-• v'-/-;,,-
7,269,694
•
5,528,888
shares 2
—V. 164, p. 1713.
■
...
\/.'fV.
'
:1
,
of
141,228
'!■■■*■'«n'W-
.■«.
964,782
and
—.....^
etc.)
Non-operating
►
67,216,933 338,498,027 270,526,492
9,028,888
3,500,000
net profit
per
^
•
Federal
taxes on income.
>; Consol.
£'
v'
■
plant facilities—
profit on sales
operating
Gross
taxes
before Fed.
M.......
1,039,217
23,115
83,441
Drl,132
Income
•Adjusted
...3327-
>
90,589,392
Total net sales.—_—..
;:K
:
Allied Stores Corp. (& Subs.)—Earnings—
"Period End. Oct. 31— /
1946—3Mos.—1945 ' 1946—12 Mos.—1945
?•
Bal.
$13,564,133 $14,649,521 $14,987,352
8,402,358
6,922,303
5,600,373
2,330,340
2,156*078
2,051,706
General and miscell. expenses....!
1,456,542
1,287,201
1,309,078
Taxes, other than U. 8. Fed. income
1,179,093 M,192,932
1,248,054
Prov. for deprec. and amortization
1,049,553
1,092,439
1,156,286
"
'.7 ■{.,'«
2,905,045
29,604
85,913
■ *■
-4
—_
and misc.
on
Expenses of operation...
Maintenance and repairs.^....
at 101
1946,
—
...
(gross
service,
Total
7
and
Interest, $190,500 of first mortgage convertible 5%
10-year sinking
fund bonds, series A, due Nov. 1, 1948. Payment will be made at any
branch of The Royal Bank of Canada, in Canada (Yukon Territory ex-
•
taxes
Inter,
1946
l'945
1944
$8,918,467 $10,206,503 $11,402,239
\3,957,821
3,137,136
2,381,076
Sept. 30—
transmissions
Miscell.
/
There have been called lor redemption on Dec.
; ;
Gen.
.3328
Radiotelegraph transmissions
$2,904,137
$4,556,859
©epted).—V. 158, p. 2573.
-
Dr79,157
income of subs—
The
Rental
V
v'444,_*
& undistributed net
Federal
.4.4^
■: ?
2,877,942
878,869
'
American Cable & Radio Corp. (& Subs.)—Earnings—
1,392,378
. ■
—V?*i64,e p7"2401.
■
.
,.
American Insurance Co. of Newark, N. J.—New V.-F.
$4,296,515
$4,556,859
$51,173
Appropriation to special property reserve
l
Dr79,157
"■
co
2,905,04$
^cZv4;.:V/'.v
3946
parent
;
2,877,942
••!/r 'v:
of
as
12,210,948
17,728,216
*
.
sold
10,881,460
3,085,442
14,850,274 / 9,305,903
of
inc.
257,812
270,860
.
;
From subs, consol,1,745,651
r
Capital Flotations for November and
11 Months of 1946———
...—3284
9 Months Ended
Balance
878,869
v
mon
Sales
Dr79,157
Co.—
:
4 From subs,
805,529;
>
299,249
429,036
1,593,225
3,053,933
in-.
Income of Amer. -Gas Mill
ffioetric Co.—. %
:e
3327
Member Banks
——4
cons.
Elec.
y
-
878,869
SUbev omitted aboiv®^
21,872
and . expensedeductions
Oivs.
net
and
net
>
-
•
,*•-•!
1,598,732
1,677,890
above——
as
6,901,232
.
92,680
4,721
c
prem.
Other
■'
$483,064
244,177
——
long-term debt.
Amortiz. of debt disct.,
on
of
254,494
it!?'3?<M
7
Federal Reserve System
Auction
-
Int.
Statement
Condition
24,940
-
'
...
net-inc.
Undistrib.
Total
Federal Reserve Banks——
655,5361
580,480
ex
Foreign Exchange Rates
Combined Condition Statement of
*•'
34,413,287
128,028
61,773
55,176
730,150
254,494
44,004
.
stocks
subs.
Gas
Undistrib.
—.—33207
..3327
The Course of Bank Clearings..
13,389,010
3,461,826
48,766
2$9,165-
11,886,329
3,455,380
4,292,426
expenses
for depreciation—
Amortiz. of pit. acquis.
V adjustments 2
General
1,194,537
371,858
1,268,456
Operating
Frov.
of
come
-•
:
$2,753,755 $32,713,252 $32,588,157
$2,968,570'
——
285,923
29,887,559
6,655,870
.
•
24,936
.
for
stocks
common
Amer.
Investment News 3381
State and City Bond Offerings and Sales.—33397
Redemption Calls & Sinking Fund Notices 3327
Dividends Declared and Payable—
.3328
1946—12 Mos.—1945
1946—Month—1945
Period End. Oct. 31—
Gross
on
Undistributed
Miscellaneous Features
-^
■
.
stock—^
earned
common
General Corporation and
Alabama Power Co.—Earnings—
34; 127,04 /
plant
Other income
for 750 shares ($100 par) class A stock to be offered at par
•without underwriting.
Proceeds will be used for purchase of machin¬
ery and
equipment and payment- of organizing costs and operating
;■
pfd.
on
Divs.
'
The
elec.
Balance
NeW/York Curb Exchange—^-.3308
Stock and iBond Averages.l———......3308
6EC
„
2,544,469 v 29,445,140
20,250
A42.419
2,564,720
559,316
..
-
~
—
acqidsition adjustm'ts
SEC—
H
8,927,343 - 8,298,047
13,433,479
13,283,193
11,850,181
7,307,591
/ 218,725 vi 3,307,881 ;
10,253,565
10,228,407
.
549,261
debt
for
—
of
2,471,429
Other Interest & deduct.
Transactions New York Stock Exchange.,.3308
Oakland, Calif.—Files With
Training, Inc.,
.
686,3461,102,037
585,976 •
218,280
871,331
tReservations of net inc.
Transactions
Airways
i—.
debt—
chgs.
retired
-.3320
Exchange.———...—3320
Stock
funded
on
tSpecial
Stock Exchange—.—.—...—3321
Montreal Stock Exchange—..—
3321.
Montreal Curb Exchange.
....3322
Toronto Stock Exchange.——
—.3322
Toronto Stock Exchanger-Curb Section....3324
Over-the-Counter Markets. _^—
.3325
$538,825
$0.60
*$1,222,000
$1.36
Int.
St. Louis
year's renegotiation adjustment of $137,000.
"Before prior
.
share.i..—_—
Pittsburgh
2,437,536
33,892 :
...
income .I.....
Gross
h
Philadelphia Stock Exchange...
1,446,700
728,500
972,943
..———-
Other income i—
Exchange....—3319
Detroit Stock Exchange—.—.—.
.3319
Los Angeles Stock Exchange—.
—3320
1945
.
•
tax.
income!
'
$■•■'$-
Page
Cleveland Stock
$25,394,000 $27,482,000
•1,950,500
1,985,525
income..
on
....
common
per
taxes
Chicago Stock Exchange.
Cincinnati Stock Exchange..—;
•
„
taxes
>
1,134,507 /
1,056,916 •
taxes*-~
profits
Operating
...3318
T—.3318
...3318
.3319
Stock Exchange...
Stock
Boston
states: Renegotiation proceedings for
the year ended July 31, 1945, and for five months ended December 31,
1945, have not reached a final settlement. However, the net amount
©f refund, if any, will be small.—V. 164, p. 1581.
•.
George C. Brainard, President,
Corp.—Earnings—
Ended Oct. 31—
U'
Other
•'.•f-:
—3313
•
Admiral
-
Exchange (Bonds)
York Curb Exchange..—.
New
settle¬
on
'<
(Stocks)..___..3297:
3308
New York Stock Exchange
New York Stock
$1.52
-44
exc.
$
_
'■
.
Income
tFed.
'•
Stock and Bond Quotations
1,677
Dr4,856
—
share
war
'•
$1,141,470
$2,221,750
$146,614
'••
1,870,692
/.
mmmmmmmmmmmmmmmmmmmmmrnmmmmmnmmm
t
/
—
per
9,325,541
12,120,537
2,242,625
;
ex-
"includes $70,000
ment of
;
'
Net profit
*
85,638
$832,811
opers.L
foreign
change profit
Earnings
2,224,876
564,509
(est.)—
"v
;
tFederal
INCOME
9,101,836 114,593*164 118,179*00
3,093,393
40,465,048
38,908,112
831,531
Depreciation
:
;
3,928,992
"
ThU ,i$9U€
$
•
10,362,428
Operating revenue
Operation
Maintenance Ji.
In
COMBINED
OF
104$—12 Mos.—1945
*Subsids. consolidated:
•
;-riV'yy
(& Subs.)—Earnings—
Electric Co.
STATEMENT
Period End. Oct.
,
$2,427,049 $16,422,208 $12,254,127
30,079
.162,709
91,576
$4,534,984
income....
misc.
COMPARATIVE
13,680,033
12,481,627
2,264,649
American Gas &
Building Credits, Inc.; Los Angeles, Calif.—
in Capitalization and Personnel—Additional
Stock Issued—See Transamerica Corp. below.
.
MISCELLANEOUS
-
Changes
v:
" 1946—3 Mos.—1945
1946—12 Mos.—1945
$7,935,956
$4,691,698 $28,903,835 $25,934,160
margin.—..
Factory
■-
!
Of
INSURANCE
-
Allied
Addressograph-Multigraph Corp.—Earnings—
*
INDUSTRIAL
-
St. Louis
.
■
f, {)
^
COMWERCt^fc 0L fMAIICIAL CHRONICA
THE
3282
Monday, .December 23, 1946
>0:
>;
i •'
(&r^tuks.)r-^tns,
*>9Mos;End.Sept; 3&**-
:
; Total
Cost of sales and cxps,,
...
./
583)965
■
■,
EjW.Gct.31—
Period
f<Serating-
•
$7,645,438
-454*848'
$10,217,234
(Sales/';-/-/—/!
.'Rentals and/:royalties_^„„__-._---^--i..-.------
Arkansas jPjMver. & JMM ^
...
045-""
American Machine & Foundry Co.
'
Operating expenses
$14*801,499
10,470,928
$8,100,286
7,234,114
$330,271
$866,172
414,455
379,043
$744,726
19,361
317,285
V^rming&apii..Gas.Co.^i>laiH;.vC- •J '
" 1946-*12 Mos —1945 v
$829)553 $14^32)859 $1B;443,240
;353)93e
8,427,3751 8,054,748
CrM0,259
409,787
2,042,045
$Jt<833)907
. 758,040
«
279*959
*' •WjlO
—
—-
r The: SEC approved DSc. 16, the proposal of the company to issue add
sell 45*509 additicnal shares' ($2 paf ) cQmmoh stock( the proceeds tovbe
)USed for. construction' ^ a|idittoRai, plaatifecHittos; i;VCotoh4hy^'pareht,
^
,
•
-
i
1
■Southern
Natural Gas Co„ jjpined in :.ctsKM9t4axdxu^>- Uie^ptsopociar^. •""r
j
.Other .taxes ————/y
83*842
i,083,8?5 ,1^061,142 y.: The additional, common shares wi.1 be- offered f,or subscription to v
Ohargce In.lieu..of- tec,
•> •
.-a;.'/—„ f Birmingham's stockholders at $8 a '^r$^';^0tra>t|dt--dl;idno^^i^'?fdv „'
;;■//taxes-—-*-/—v—387*371 i" c4ch five held of record. Transferable warrants expiring ,30 days'after
Prop, fetir. rCS: ^pprppv
83,603
>.86*753.1*027*441: /'1,064,806 1:their tesue and evidencing rights to Subscribe' to the additional k^unhipn
shares will be issued to; all present holders of(Birmingham's-,common
Net oper. revenues$617,589
$245,511 ' $4,184,271' $2,833,128'
; Federal
excli taxes——-—
revenues
3946-r*Momtb^-1945
;
$1^45,215
taxes
——-
■
.
■
.
.
.
".v
(Gross
profit
Other income
———————'/
■
———r—~—
,
'
Net income. —i*——* !;/—r—/ J/——/-:
taxes-
Prov. for Fed. excess profits .and Income
Other corporate taxes————L.———————
j:4
■•"'&Net.iitoome
income
Net
$721,829
'
Common
dividends
^ 189*0O64
$229,761
1,887
.$588,839
1,614
r
s
income—;—,-imtge. bonds——
•
$590,453
-
$0:61
chgd. to construe-
Misc.
net
78,126
$4,029,688 ■; $2,804,517
937,500, ;
937,501
-
2,226 "
€718,114
87,448
' Crl04,251
C76.603
—
surplus——
$518,809
13,000..
26^272
Cr6l,3U,
166,000
Total
$144,899
$2,942,991
; 608,609
$1,601,055
608,609
•
.
ASSETS—
..
.
.
and
in banks
Cash
hand—
on
•'?
30
Balance;
1945
$1,129,370
2,327,338
17,127
1,258,507
71,098
-
—
1,715,850
Claims on terminated war contracts—————
186,750
Accounts
Postwar
receivable
refund
/•>
—_—
profits
of excess
tax
763,378
•Raw materials and supplies——:
Work in process and finished goods—_1——_
>
5,637,271
324*083
Accounts receivable from affiliated company—
4,125*953
Investments and advances. —-.—..—.
—: ••
163,669
•Stock of American Machine & Foundry Co.— ■■•'
4,700,436
Property, plant and equipment (net)-————1'
Patents, licenses, development, goodwill, etc.—
,
Deferred insurance, taxes, etc.———
INABILITIES-—
"
ri
negotiation net refund.
'
967,926
for postwar adjustments—.
preferred stock ($100 par)———-——.
Reserve
3.90%
239,634
„
Capital
surplus
Earned surplus
;
——.—^—
4,682,057
'The ICC
Total
4,593,087
of
$23,386;962 $14,374,133
—————
In response to these
•Bought for resale to valued employees, 19,458 common shares at
,tAfter deducting cost of U. 8. Treasury tax-anticipation notes:
$120,000 in 1946 and $14,000 in 1945.—V, 163, p.,2430.
; ;
f
3i~
"
Oper.
^
revenues
Uncollec.
-
oper.
Operating taxes
12,227,958
3,500,910
T—
Authorized-^'
J
1944
1943
$3,408,426 ■
cost
of
$3,924,510
96,188
104,918
4,632
4,669
1,450,742
1,732,861
110,597127*^918
J
handled
Profit—
Total
the
Int.
;
—
$2,601,108
'■
>. •'•
■/
*
4,674
4,733
;
$2,124,504$1*834,354 ^ $2,059,057
■•'.
,
;
.
4'"
: <•
'
v
110,2lT
—
notes pay,
fob taxes
Net-
Divs,
,
69,872
on
$2,111,325
12,783,
1825,523
51,890
f8,987
$2,194,376
8,235
•1,191,837
$1,886,244
$2,106,044
(net)
inc._
profito-_i-^.U^.
on
$1,273,019!;
stock
common
„
589,590
,f$L62
share.
com.
1,674
•
,
,$994,303
442,199
H$2.53
-
22,548,
,
t962,234 .**1,063.064:
*
$922,336 -.$1,022,432
442,198
442,198"
.
-
•
J$2.35■
is
a
reduction of more than ,50%
;
AmeriGaR Water Works & Electric .Co.*
from,
statement of consolidated income.
.
was
■
Inc.—Output—
Power output of
SEC Liquidstiag Orcler
The
The
Expected Soon—
soon may
account.—V.
:
.
plan, the company's preferred stock will be paid off in
liquidation price of par and dividend accumulations,
A
sum equal to the call, premium of $10 a share will be placed in escrow
pending determination by the SEC, with court* confirmation, of what
portion of the, premium, if any, should be paid to preferred stockthe
-
'
:
Beech Aircraft Corp.—Annual
1945
plan,
and
statements
contract
war,
termination
responsible
are
for
.
■
*.•.
,1
,
v'r?.'
—Earnings—
12 MONTHS ENDED'
"""""; i
(Including Domestic and Canadian Subsidiary Companies)
.
.
,
operations^—i—U $10,488,603
income-*,i:--—i**—457,495.;
Gross
-
———178,041
profits taxes-3,724,197
——
Net
profit-
$7,043,860
—
Previous earned surplus
„
9,354,961
surplus*-———.$16,398,821 ■
•Net profit for year ended Oct. 31, 1945 of wholly owned
•
subs, located to foreign countries other; than Canada---—
120,502
Total
Meeting Adjourned—
delay,
Treasurer, .annotmced.—V. 164, p. 2682.
$10*946,098
—
•—T_
Prov; for Fed. and Canad. income and excess
,
;
;
$16,519,323
•
281,253
Y,658,787
Excess of redemption price over net issuance price of pre•
•
7
'
ferred stock redeemed: for sinking .fund--——Cr7,508
—4———-
Dividends
affecting the financial
O. A. Beech, .Secretary-
on
Dividends
income
the
tooome__
Other deductions
:
The annual stockholders. meeting held Dec. 11 was adjourned to
Feb. 18, 1947 because of the incomplete status of the annual report
to stockholders. Problems of final arrangement on renegptiation for
the common stock of the subsidiary, Community
Water Service Co., is to be given no consideration whatever.
This
Community common stock .currently is qpoted on ,the New York Curb
Exchange at 2Vz. V".
.v.;/'"'■/'
Under
''
,
Profit from
•
-y];v:
'
.
Providence, K. I»—J^tock Sold
advances to sub^diaries.-r-Y. 164,. p. 3139.
the
'holders.;r■,IV'
'
•,^
..
-•.
Sales, less'-toturns--^-!4-i!-!^-——** $46*894,303
Cost of sales, adv., selling and admin, expenses
36,405,701
F. L. Putnam &' Co., Inc., Boston, at $10.40 per share.Proceeds will be used in liquidation of bank loans or as
.
issue its order
Under the
at
;;
i'
adequate."—V. 164/P* 2539.
Other
approving the plan for liquidation of the company.
cash
on
preferred stock__T———-----—common stock/-.
.
:
American
tion
for
Water Works
court
and
confirmation
the SEC
of
the
are
plan
Belgian National Rys. Co.—Partial Redemption—
expected to delay applica¬
until the U. S. Treasury
Department approves the boQkkoeping transactions relative to closing
out the Community eommon stock unless, in ttic interim, some of the
tatter's holders contest their exclusion,
About 45 to 60 days may be
required to obtain Treasury appEovah
;
The
liquidation plan for American Water
Works was
from
the
stock
sale
.
formulated
to
be
used
Bell Telephone
:
;
off the present
American Water Works preferred, wipe out the bank loan proposed
to finance the liquidation and permit passing along $7,000,000 capital
contribution to West Penn Electric Co.
This is the holding company
through which American now controls the system electric companies.
Probabilities are that the new Waterworks Holding Co. common,
under present market conditions, may provide a price somewhere below
the figure originally contemplated.,
The proceeds will be sufficient,
Iiowever, to permit consummation of the plan since system earnings
are rupning about 20 cents a month on the common stock of $2.49
are
to
pay
;a:year,--»V.-'164,i;p,;:3138*.
Earned surplus, Oct.
"
There have ibeen called for redemption on Dec. 23, 1946, at $51.84
share (including dividend distribution .of $1.76 per share), 38
American
shares
representing participating preferred stock (each
American share represents five Belgian shares).
The City Bank Parmers Trust Co., 22 William Street, New York,
N. Y„ is .depositary for the American shares.—V. 162, p. 3137.
per
originally on the basis o-f obtaining a price of $11 a share for common
stock of the new V/aterworks Raiding Co., which is to acquire the
system's water company subsidiaries.
Funds
1946-Month—1945
1,336,549
14,772
(revenues
Uncollec. oper.
rev.
11,321,777
Operating revenues—
Operating expenses
Operating taxes
Net
Net
—V.
operating
after
,
toe.— '
charges
164, p. 2682.
—.v
■
8,686,505
.1,020,330
1,614,942
! 1,156,646
:
.
15*835.364
11,366,894
British Industries Corp.—Extra Distribution—
{dividend of 2 Vi cents per share
quarterly dividend of 7% cents per chare on the capital
stock, both payable Jan. 2, 1947 to holders of record Dec. 16, 1946.
An initial distribution of 7 W cents per share was made on Oct.1, last,
—y. 164, p. 1865.'
Asplneok:6% Bonds—
."v./'"
12 Months Ended Oct. 3L-
Operating
Operating
interest.
Payment will be made at the Phoenix State Bank & Trust CoJ 803
Main.
Street, Hartford, Conn.-^Y. 164, p. 3^8#
-
/
•
■
;
*; & Co, and Wm.
—
on
Dec. 9
12,437,327
8,090,582
^
-----
/
1943
$4,236,653
$3,88I'f814
and taxes—'2,641,831
'■ 2,809,646
$1,010,168
14,628
$1,620,643
$1,026,796
expenses
Balance
before
Total deductions
on
Balance '
•'
deductions——
—4—^
•
Net- income'
Divider ds
coi^plblbd' a
secondary offering of 14*000 shares of commdb stock*Vat
$6.75 per sbare^V. 163, p* 3128.
-
profit
$1,594,821
Non-operating inepme —------25,822
Secondayy OffOfirxg-^«Gf)shi3
iMericka & Co,
revenues
Gross
.. ■
Bingham Sdamping Co.
14,. T948,
|;
California Water Service Co..—Earnings—
!
-1946"
94,989,405
73,480
-*
AH of the outstanding 6%. first mortgage bonds due Feb."
164,
v
The directors have declared an extra
9,985,399 106,924,032
94,915,925
6,655,089 80,360,120
62,496,581
2,177,448
10,728,548 ; 19,982,017
1,152,862
•093,524
31, 1946, not yet available.—V»
and a regular
1946—10 Mos.—1945
9,994,365 107/049,103
8,966
125,071
,$13,571,773
3l,: 1946——
•Net profit for year .ended Oct.
p. 2539.
Co. of Pennsylvania—Earnings
Period End. Get. 31-r-
Operating
j ;
have Itoeh caUed for redemption on Feb. 14, 1947, at par and
■
renegotiation
.
.
PrivatelyT-^An issue of 4,572 shares of common stock -(no
par) has been sold privately to one purchaser through
*
$771,408
-
Dec:
CONSOLIDATED INCOME STATEMENT,
•
OCT. 31, 194S
'
?
164, p. 2150,
Beaeon Associates, Inc.,
H
"Wall Street Journal" Dec. 18 had the following:
.Securities and Exchange Commission
$552,325
—
Co., Eagle Lock Co. and S. F. , Bowser Co., Ltd,
and Joseph Weidenhoff, Inc. are included from
Bristol-Myers
equity of Bayuk Cigars Inc. in controlled company (not .con¬
solidated) 'has Increased sinee acquisition, by $703,781 after provision
for dividends.
This amount is not included in the above earned surplus
file electric properties of this company for the. week
ended Dec. 13, 1946 totaled 97,557,000 kwh., an increase of 14.21%,
over the output of 85,421,000 kwh. for the corresponding week of 1945.
■■
Drl01i556
proceedings covering business for the year
'31, 1945, pursuant to the Renegotiation Act (Title yn of
the'Revenue Act of 1943),. the corporation has agreed with jthe
War Contracts price' Adjustment Board to refund $923,516, 'lest, credit
for United States inqom*? and excess profits taxes'to the United Stotes
Government.
This refund will not change tito net profit hf $910(550
for the year, as previously reported, for the reason that the provision
for (renegotiation reflected in the corporation's financial statements
"Under
ended
The
■
$872*963
$201,197
€7351,128
*i«ss:tOperations for the first .nine months of-1945 include Bowseri
stated:•
NOTE—The equity Of Bayuk Cigars Inc. to undistributed darnings of
controlled company (not consolidated) amounted ,to $265,925 for the
nine months ending Sept, 30, 1946, and is not included to the above
The cost of a three-minute conversation to India from anywhere in
p. 3138.
tocome--—-——-——
net
..
C. L.
11$2.60
,
164,
adjustments-!———L,_,
Briggs & Straitom Corp^—Renegotiotion Completed—'
Coughiin, President/in a letter to the stockholders on hec* 13
,
r
-
income tax of $63,980 and Federal income tax and surtax of $761,543.
{(Based on 393,060 shares" outstanding prior to 2-for-l stock split-pp in
September, 1946.
•^Includes $63,848 Pennsylvania income tax; $407,830
Federal excess profits tax.and''$591,385 Federal income tax and surtax.
Dec;'16. A transatlantic radiotelephone channel between New York '
and London was linked with another radio channel connecting London
and radiotelephone stations at Poena, near Bombay, to form a circuit ;
about 8,600 miles long.
•.
'v
on
the United States is $15. This
tocQme__i^——^
•""*'
i'I4I'I
Bridgeport Oil CoV Ihc.—Change in Control—
%
The New York Curb Exchange on Dec. 16 made public the foBowing
■telegram dated Dec. 14, 1946, received from the above company:
5
."The stockholders who comprise its management have .accepted an
offer .from Consumers Cooperative Refinery Association to purchase
their stock in the company for $10.10 per-share and to transfer'the
r stock and the Control of the corporation
to the purohas«fr withto 15
days from this date subject to verification by the^purchasef-^thwt* the
assets and liabilities as of. Oct. 31, 1946 were as represented and that
only changes ^herein are those occurring in normal and prudent
operations since that date. Purchaser has agreed to pay (the same
price for any additional Ptock- received^within 30 days from
date
they take control."—-V, 159, p. 6.35.
\
•Includes Pennsylvania Income tax. $67,422; Federal income tax and
surtax, $594,641; Federal excess profits tax, $529,775.. tlhcludes $57,590 fqr Pennsylvania income tax* $594,541 for Federal Income tax and
surtax, and $310,102 for Federal excess profits tax apd renegotiation
refund on-war contracts.
IBased on 786,120 shares outstanding fol¬
lowing 2-fqr-l split-up, in September, 1946. i §Includes Pennsylvania
Radiotelephone, service between lndia and the! United States, which
interrupted by the war, was also restored to general public use 5
the pre-war rate.—V.
on
income before prior years' adjustmentyears'
f
•$518,36T $3,176,677
1255,792
'2,303,711
'XmZm
: 19,75,356.
:
.
income——
Earns, per
was
'
on
Prov.
through
„
tocome_^,__r-*-—
on
L
-
regular transatlantic radio !
channels between New Vork and London. In. the case of the Union
/of South Africa, they will be joined at London with radio circuits to,
Cape Town,: thps providing a total circuit from New York to Cape
Town 9,500 miles in length; The city of Nairbi, in Kenya, is linked in
the same manner by radio charrtiels with London.
V
he
before :,taxes__—L_—1_„
)
of
cigar
licenses and
mkohine
"
.
.
-
1945
>
554,449
24,498,733 !
-2,327,687
743,597 :-
,
.
$3*897,586
bldgs., ;
equip, and autos—
Disct., rentgl, divs. andmtec. inc. (inch divs.
United States and
the Union of South Africa, interrupted by the war;., was again made;
available for general public Use on Dec. 16, according to an announcement.
Service
to Kenya,
a
British colony on the east coast of
equatorial Africa, was. reopened, .at the jsame time.
: v
will
;
/
1945
.1946
.:
June l, 1945 ©toy. ; The Peterborough Lock 'Manufacturing^Cto*.' Ltd.
is included from Aug. 1, 19^5 only.
^Operations for the nine months
ended Sept. 30, 1946 include all",of the .above .companies for the.entire
period/
flri case losses of certain rot company's United States ^nd
Canadianvcompanies are not offset hy. profits before the :y®»x $ud,;
thes© „companies would*, to. .accordatnee .with cafryback' ptovlsions of
their respective income tax laws, be entitled to refunds due to <reduc- .*
tion of prior years' tocome taxes.
These refunds, based on losses-for
the nine-month period ending Sept. 30, 1946 haye been estimated at
$975,l367.
An estimated provision of $255,793 has been set up above
for taxes on income for the remaining companies, which have operated
at a .profit during the nine months ended Sept. 30, ,1946.
This (treat¬
ment represents a change from the method used in calculating income
taxes and loss .carrybacks In the income statement covering .operations
for the six months .ended June 30, 1946.
In the, June 30 statement^the
profits of the profitable companies were subtracted, from the losses
of
the companies which were. losing money and
a loss carryback
(calculated an the net-loss.
'
•
/>- • " 'f
BACKLOG INCREASES—Company's backlog ot unshipped tmstoess
whioh was $18,500,000 as of Aug. 31, 1946 has increase^ to approxi¬
mately $21,300,000 as of Nov/25, 1946 Up about 10%.~r-Y., 164, p, 1064.
•
_.
'
;
Johnson Fare Box Co.
..
Resumes Service to Africa and India-
Conversations
,
were received, the best
County Trust Co. of Worcester,.;
the notes'- for$332,-000 bearing
1*663,495
"v"
Subs.)—Earnings—
Inc., Fostoria Screw
par
1946
27,731,659
20,550,177
14,078,441 126,319,041
between
'
Prov. for depr. of
consolidated)
communications
inootne
Consolidated
$4,004,161
1,902*233
gen.
from controlled co not
Regular telephone
'•
per annum. This hid has been , accepted,
patent rights———
1,973,341
383,106
2,965,210
2,113,155
(~y
invitations 5 bids
Worcester
■
profit^.——
adm.exps.__
Sell.,
■
operating inc..
Net after charges
the
19,703,251 179,986*088 197,435,989
13,332,759 120,243,863 114,640,632
4,397,151
32,010,566 62,245,180
18,694,078
Net
of
9 Mos. End.Sept.3h~
Gross
Amort,
Operating revenues—
Operating expenses—
Prior
Ba-yuk CHgars, Inc. (& Subs.)—Earnings—
19,746,733 180,545,621 197,967,665
43,482
559,533
531,676
18,770,690
76,612
—
rev.—_
that
interest at the rate of 1.72%
19.46—-10 Mos.-r-1945
g
- $
1946—Month—1945
4
was
-r-y. 164, p;*2826.
American Telephone & Telegraph Co.—^Earnings-^
•
which
•
$14,795,373 $30,746,693
Estimated; taxes
Net
;
Nov. 25
Mass., which offered to purchase at
nost,
Period End. Oct.
;;
.
i
—
them.
:...
4
purchase prito of certa(n equipment to be acquire^, under a
conditional-sale agreement.
.
The applicant invited j?9 banking or financial institutions to hid for
the notes, the bidder to designate the rate .of interest to be borne by.
7,,000,000 !
.
•.:••
..
Net.
of ithe
1
-
'
on
.:-
-
•./■'
>•
'$388,511 ; Cr$16,170.
receipts———
over
3*505,112
authorized the company to, Issue hot exceeding
$332*000 of premdssory notes to iurther' evidence of the unpaid portion
375,076
• 98,334
8,000,000
7,000*000
330,572
Common stock (1,000,000 shares, no par)——,
service
:
Public
Bangor & Aroostook RR.~Notes
-914,171
—
—————*.
of
.
Gray, Vice-President and Qperating Manager cf the; St._
Service Co., has been elected President to succeed ;the'
late Fred A. Nolan. He had been Acting President sinfce Mr, Nolan's
death recently.—-V. 164, p. 3139.
v'.,', V'' --J V
tProv. for Fed., State and .ether tf xes and. re
Reserves for speoial contingencies——;———
.
$1^52,165
$2,243,073
65,000
Accounts payable and accrued liabilities——
cost
(164, p: 2827.
tAdministrative* sales and service expensesLL-^
Otherexpenses.(net)—l—
Claude M.
Louis
/■!
J946-; >j,
11,254.178
;
2682.
p.
Baltimnre Transit Co.—President Elected--,
'
Dividends payable on pr^erred stc-ck
:
Clo.-^New Oil Field Discovered—?
below.—V. 164,
j,.
$3,410,818 ; $3,100,425
serviCeU-'i-I—; 3,799,329
3,174,254
'■
1
$23,386,962 $14,374,133!
———_
;•>;
! Cost ,of ealesl_l
,o»
See Pantepec Oil Co. of Venezuela, C>A.,
134,545
"
•
Estima ted refund of * taxes
Atlantic Refining
1*958,115
■
/
'Nef sales
Dec; 10 offered 10,000 shares
{$10). Proceeds, wiir be used
for erection m modern gray iron foundry and for Work¬
ing capital.?—VV104, p. ,2954.
•:
288,343
2,490,315
148,753.
•
9, Months Ended Sept. 30*—'
4k Foundry: Co.; N. S.
Stock Offered—E. Jtt. Mantin &
Co., Albuftuerxiue^ ]S[.
-
139,111
;—
offer to purchase;all .tw; $ny '
$992,446
;
of common stock at par
4,681,600
•163,669
,
•
Alhuq«er4}ue/ N. M.
;
••r
an
ir_——1,—__—_
Bowser, Inc.
AsseejUiied
305,352
/—
$2,334,382
—
-V. 164, p. 2538.
1946
$2,572,830
2,774,692
282,936
/
'
—-—?
,ctfs.—
-•
Notes' receivable————-,--4.——;
XJ. S. Treasury bonds, motes and
Income
Excess of
—V.
'
CONSOLIDATED BALANCE SHEET, SEPT
Gas r& power .Co., prh,poses;to m«ik« an
■Jtojybwuy'^.arpi^s^
Month of October—*
.
301,000
Total^^ cost of
Balance
Divs. applicable to pfd. stocks for the period-u
^
•
i
part djf.
'
inc.—
$0.74
588,325
of
res:
.$231,648
*
78,125
il,633
'the jBtem&ngham
Part .of the .remaining Shares of Birmingham's; .outstanding c«u$$ion
$10:40;>''"'share prior to: the issue of thesubscription wafrahts and •
at $10 a share after their issue.—V. 164, p. 2683.,
" -jV,!.*.'\
r
"
on
recently
Southern (further;proposes to ^make
,
Int.
which
common ; ^
offer *to purchase all or any
.
$3,930,271 02,644,128
~ ;
:99,417./
160,389.
7"i5,750 *,.f: ? 254;000
28,750
/'
Other ink and deducts.
130,000
588,325
l.,——————■
'
•/•
;
Int.
income
)
""
Operating income-—
•Other income (net)——-
$721,829
,
■
'
■
.
$721,829
$599,822
.'
'
Gross
—^
———-.--J——-——
Earned per common share--————.—— *
Preferred, dividends ———,
——
Net
•
'II.
Ji...,,.
»
.
preferred stock-———i—
•Dividends on
1
^M.1
Soiithern,
>
(net)
/
274,770
$48,616
1
1 J
$729,822
130*000
adjustments-
___——————
■
$408,080,
321,742
I
Application of reserve for postwar
■
Rent for lease of plant
The
.
preferred stock——————
—-
table
Jv-
•
of
919,593
510,346
$701,050
$510,450
155,219;
!-/!—_4-4—'-iL.
"'$545,836
earnings given to last rweek's- >^€tacenldi
calendar,See;;y./l$4J,p, 2954^;y:,:!
208,588
$307,947
$$$
for
.
Mwamwww wMmaajz
wWMwmtemm
'/. V'.*,.
illume' 164 ^Ntimbei1 4553
'V'•/■''' ..-y
'
•? ?l,TVl >"»!.'* t.i
•' 1 '"•
f
.
THE COMMERCilAL & FINANCIAL CHRONICLE
California Consumers Corp.—Annual Report—
V,
-Casco Products Corp.—Sales Continue at High Rate—
Chicago, Burlington & Quincy EE.—Form of Bond—-
The corporation reports that its sales- volume i for: the ; first nine
ihonths'tit' the fiscal yeah commencing March 1,1946 totaled
$6,047,101
as
compared to $2,865,000 hv sales for a similar period during the
.
v.~w,'
fixed
1,
*,
and
1946.
v.
[ The following, schedule ; shows comparative income and
years for the past four years'operations qf the company:
/
i"
^
./
income
account
2%
'
of 1941;
'
■
Joseph H. Cone, President, said:" "The company is selling rnerchatfa rate averaging over $1,000,000 a month which indicates that
the' yolume';#ilI:'far rexceed the anticipated sales' of $8,000,000 for
./*:
_fisca1.,,164' p- ,1079/;;
to
up
•
by.;/ dise at
/'/;//
v:/•
^
of 3Va %
!
Ti
expense
on Deo, 13 directed that deliveries
first and refunding mortgage
bonds, Series of 1985, due 1985.
including Dec. 30, 1946, may be made either with tempofary bonds, or with permanent bonds; that beginning Dec, 31,
1946,
only permanent bonds shall be a delivery.
:
dompariy'isvbest^^re-Wa^year
w,«
,
New. York Stock Exchange
C
.
*2,500,000 of: bonds outstanding,
Interest of ,3%
come" was paid on outstanding bonds as of Dec.
7-f"r
r-tr T"
"" V*
3288
qnd
Temporary bonds may be exchanged, for permanent bonds
of -the
/■•;
company,
2953.
•
p.
,
Wall Street,
2
Room
V
•
,
at
office
903, New York, n. Y.-~V. 164,
•.Wr'v.1-'
^
V\"
,
.
,f
Central New England Ry.—Interest Payment-—
'
(IJd.—Oppbsed
stochhdidef^.r yy.r,
'
^
,
Cities
Service
\ The fyetv. i?ofk St6ck "Exchange has received" notice that the interest
1647,"0^ the '4
guarahteedfirst mortgage gold 56-yeaf X { Samuef A. Mehlman. New York
due' Jan.'!;'
by Group of Preferred
x-
attorney.
representing
preferred
a
'4 stockholders^, group of the -compahyi flied ah objection ,Dec; i2 wlth
r'r die- SEC to the jjotopgny's proposed recftiJitallaqjiidn'plan and asked for
.
interest;nh'
permission to intervene in the'proofed:
.. 4He objected to the proposed
plan on ■ the ground that it "fails to
p rovidte -for payment Of theJ cKll;
price Uhd ■" fai^ investment value o|
tpe' preferred and preference stocks aiid that. the • debentures- offered
•?
exchange for the- pfefei^red" are not; reaspnubly; wpfth the face Value'
;-of said debentures."
.<;-V-x '
...X
Uhe company proposed to'offer
$108,362,000 of new 50-year $%":
; debentures in exchange for its preferred: and preference
stocks
ink
satisfaction of par and .accumulated'; dividends in each case.1. ;;
; Mr. Mehlman said his petition wasv on behalf of C.
Sedgwick Levy,
0uy ,W. Levy, and Mrs." Danhlella Levy of New York and on
behalf
cjf other holders of the preferred and preference stocks.%
v,
^
j The company's plan; also proposes to: use treasury, resources to pay
.V off .the $40,578,100 balance of
its 5% ^debentures of 1950.—V, 164.,
,;,p, 2828/ X
Y/„
1941;
Jant; 2,-'
that' the' bonds $hall -cbntirtjie to • be*
delivery im settlement oh Exchange con-;
^
must c$try; the jufy 1,1947,; a^jd,
dealt
lkapt^
subsequent;.'cdupons.rfVv- 160,>pVi2755. v.;-v~,
;;
V ■*'•
;;.-r
v|
>
--.-r:
'•
'
,
'
.
.
.
:.j'
^ihclhdihg depreciation,
a',1
.-.■•yy.
c~w
• ,*. v
.
Central
South West utilities C<>.—Dealers Permitted
by SEC'to
Soi;cit Shares for Middle West and Subs.— ;
{ The Middle !-,^estT<S)jrp<y.' iti subsidiary;; the Central
South West.
Balance-^
,
..
% '/A?- • ]:rt*"
CONSOLIDATED BALANCE! SHEET,.SEPT. 30(-'l946gi^^rJ.;';^ tytflitiefe.'005^' fenck-the-iatter's",subsidiary, Amdrifcan Public Service'
C6.,'
:xx - V 'ASSETS—-Cash,' $573,349"; ' Unhed States "GqYernment certificates of />.'
Were authorized; Dec. 18 by the SEC -to employ securities dealers to
; • //■ indebtedness 7/a%
due Dec. 1,•„ 1946 (at cost[t ■_ $ 12$,0001 accounts - ret /••■ solicit Ve^changel ,pf ;st5ck.
};;
I ■ -] Hv: ;;
X-
-
*
rhr
*
(after reserve for losses^of $19,483)V $391.918;,1 inventories (at
lower of cost, or .estimated .realizable values), $459,508;.United States
'
treasury notes deposited' with California State /Treasurer., under com-:
jpehsation insurance regulations/(face value,; $17,500) (at cost); $17,©81: land, buildings,machinery,
and -equipment -(after- reserve jfor
;
! .depreciation - of ;$1,704,255),-; $2,554,242; capital; stock pf .Southern
Counties Ice Company (364,105, shares—31.87{& of total outstanding),
;' «2Q7,628; deferred charges, $95,188; total,-. $4,424,813.x;./ ;; .
-
*'2,
.
Central
>
1
>
irate-of- 2lHr
annum
from
be issued
in
preferred^ stocks
.1
and
a
American Public
new' comhanyX-the
,
;
;
j. C-oleman• to.,-Inc.—EarniDgs-^'
;
;
Delaware r oh
The dealers
19.!
June
which
if
the exchanges
and
the
,
they
-
to
are
provided
for
thd reorganization-
in!
imbursed for reasonable
are
will be
"
' ,'
,
conversion
of shares of predecessor
$n'dollar volume," J. J. O'Brien,] President, stated in an
Dec. 17.
-.• ••<
;.i -
interview
/ /.
See Ogden
r-
i
3189. c-i
Corp. below.
/, i,
-V:i i.;
' Gross
re¬
;
♦Other
"1
::;■
■;■
j The SEC
Deft.
on
2 issued
|
'.x:V t
,
order
an
granting the
extension
of
;
;/
maturity date of the- 5%- -debentures-of-the- corporation-from Jan.-1,-
tuate the provisions of Section 11
(b)
of the Act.—V.
164, p.
$107,936
577,570
$685,506 ' $1,897,765
36,882
63,880
50,000
50,00Q
^
deduCtioris
$1,777,047
X 120,718
-—/•
for
148,684
■
148,684
897,405
100,460
Cr67,989
cr75,104-
$417,468
reserve
for postwar adjustments
-
Balance/ surplus
$812,899
54,694
54,694
"
$472,163
: r
$867,594
♦Including;
Canadian
with- respect *to parent company,
dividends
of
$500,000
*
currency
received" from Canadian subsidiary,
tlncluding:
exchange loss of $28,933 on funds transferred from Canadian
subsidiary.
tEqual to extraordinary charges above
($148,685) less,
applicable-reduction of taxes on income ($93,990).-—V.
-164, p. 2688>';
realized
appropriate to effec¬
oh
vexpU-wr2/''
-
1947 to Jan.; 1, .1948, as necessary and; appropriate to; the.
integration:
dr simplification of the
Ogden Corp. holding company system, of which
Central States is/a member, and as necessary and
;
\
gen.
,—
Net profit
jTransfer from
,.
the
and
.
income
;
;
Parent
Company
Company and Subs. >
$8,451,571 $13,466,026
7,196,925
9,567,544
1.146,708
2,121,434
.
Contingencies
;
Reconversion
expense
(est.)
and
accelerated
," amort, of
emergency facUities^-_..„>__
Provision for taxes on income_l__.______
Adjustments applicable to prior years„__^_;_»,,
•
Granted—•
>
income
Provision
Central States Utilities Corp.- —; Amended Plan Filed
ith SEC.—See Ogden Corp. below -v :
! Bond Extension
/•
«
profit
tOther
;
V; 160,-
—
*.;'v,'■"
' /
12' months ended sept. 30, 1946
./'■i
■
Warerpbni, selling,, admin,
,
'
-
sales, ■ less' discounts; returns ahd allows..
of. products sold—
Cost
,
not
Central States Power & Light Corp.—Amended Plan
1
Piled With SEC.
/
Volume of Air Cargo in U. S. Placed at $675,000,000—
' Earnings pgr
.Total
com- 4
"4"The long haul of air freight is a new phase of air. transportation
/
experiencing rapid growth and it may in time surpass passenger traffic
•
Gross
.
»
of, the dealers' group,
expenses.—V. 164", p. 3140.
-
managers
f
.
receive
of
procure
j
1
'■
Oct.
.California Eastern Airways, Inc.—Estimated -Potential.
♦
of
share J on; deposits
consummated
^
.
a
one-half
when presented; voting trust certificates for 1,332 shares.held in
trtashfyV $542,740;.- earned turpludr: $548,723; . 4otal> $4,424,813.--- ;i>'
V. 163, p. 2432,
..
>•.
^
" -v;.'y
L.
$7
Central's $7 prior
liep stock and American's 7%- preferred, and $3.25 a share on
deposits
Of \Centrai,s' $7 preferred stock.X These fee's;, are to be reduced
by
£>atvy
'
and
West Corp.
The solicitation, the applicants stated,' will implement the
reorgani¬
plan approved, by. the .SEC pn- Aprii;30 and by,-the Federal
$1,75'
1
-499 Vz shares- to
lien
South
District Court
1, -1945),- $75,000; ice distributors'
reserves, and
other, deposits; $79,702;., 3fixed and Income ' Interest
mortgage sinking fund bonds (due Die. l,t 1955), $2,500,000; dfeferied
v' «redlt (storage charges billed in advance)', $23,860; compensation in^ /
"
durance reserves; $8,332; reserves for contingencies, $30,000; - stated
capital (authorized and outstanding, 54 274 shares of $10 each,-incL per
and
zation
LIABILITIES—Accounts payable, $184,127; wages payable, $54,241;/
federal income and, excess .profits (less .United States Treasury :tax :'
motes held-for payment -thereof, $350,000), $192,652; State franchise >/;
"takes/ $40,832; property -taxes, f$79,706; Social Security, taxes, $16,573; •/
r ^mther taxes-payable and accrued,, $22,824; taxes .imposed on and with* . >
'/ Jield from-employees' compensation,"$25,498;-accrued interest on bonds -1
<at "fitted*' fate of 3% per annum frorft June-1,-1946 and at '.'incomeT
.
$7. prior
Service, 7 ^Vpr^fefredl 'stqdk :fhr comnroh stock of
7
-
(
-
J The dealers, headed by Lehman Brothers ■ and Lazard Prer'es & Co.
ojf NeW York. wlll solicit exchaUges of .Cehtral and South West's publicly
held
'"■'
,
,
,
"eeivable
.
t
2540. K
.
'
I
i'Estimated potential volume of air cargo, over the entire country isi>laced at 5.6 billion, ton miles or $675,000,606," Mr. O'Brien stated,
adding
Chase
ed
~
already compare
'
i
A?
^,3® C0I"Pany
SEC
of common stock to be offered to stockholders at $8
$2,500,000 df Yh sinking fund debentures which have
two'
large insurance companies. ^ will aggregate; about
$5,700,000 -which will be5- used for the acquisition Of the National
y;
;
; / ;
,/
Chase Candy manufactures'a wide range of products including bars
,
income
J34,310 in 1942.- Net for the four months ended Oct. 31, 1946
>
■
of.-Cleveland,
thls; company
Hull
who, is
,
was
named
(&
Subs.)—Earnings—
,,
•
.
/
;
"profits
-
1,205,246
,
taxes
*
taxes,
_____x
applic. to corp.
Gas ' &
' Electric' Corp.t' Administrative
expSw-__
Fed., State & other taxes
$2,544,875
-
Columbia
,
•
251,314
179,0^8
82,090
733,030
165,375
737,053
Crl3,037
chgs.
income./
818,305
430,579
2,200,163
Crll,607
844,220
436,308
2,203,230
Cr34,496
$692,892 $11,071,914
$1,482,712
Miscel.- income
.
|
.
Consol/ net
$8,018,085
CONSOLIDATED INCOME STATEMENT
I
11,934,854
467,507-
$1,761,311 $14,509,354 $11,467,347
Vice-President/of
and
4,049,966
3,806,048
Cr3,597,149
.
Cr4,271
fxd.
4,005,534
6,290,039
$2,666,044; $1,908,940 $14,876,065
121,169.
y
147,629
,
366,711
Bal.
other
1,204,958
517.760
Crl2,790
903,167
Gross income
Inco.me deductions
Int. &
*
the" Pere Mar'qUette"_.Ry. to' succeed
William, C.
retiring this month, Robert - J. - Bowman,,
;iand military operations, its exclusive DC-4- equipment, its perfromanco
President, announced Oh Dec/ IT "foliewing" direCtfoVs' meeting* of the*
^lo date in rendering -coast to eoast service both eastbound and west-"
/
-y
■"
ihoUQd at least Ave times: weekly, the diversification and- character of""" two,roads;?
^
; Other; drgahizatibhal change's which
conform-to the previously an-the' traffid, afid the nature and scope of the expanded service planned
ljouncetf policy of' Robert R.; Ydung,, Chairman,, to promote- ybunger
Upon receipt of a certificate of public convenience and necessity as it 1
men
to^positions. hf responsibility in the railroad* industry, - included
wvas 'outlined' in detail in the company's application.
'
t?he appointment of E. M. Whanger,
46, of Detroit,,- Assistant' Vice{
-"The principal usefulness of airfreight; is in: long-haul shipments,", •
President-Assistant to the President, Pere Marquette Ry., to th^ same
Hf. O'Brien stated: ^'Aircraft capable of long-range, non-stop flights position on the Chesapeake & r01)io By/ and- the retirements: of L; B;
;.- .hre essential to bring costs down to levels permitting rates which are
Allen, Vice-PreSideht, and G.-S. Lake, Assistant- to the President. •;
^
Effectively competitive and productive of a stable flow of traffic.' At
;
Walter J. TUohy,s Vice-President of Coal Development-for the G. &
0/
Tthe present time, according . to' our long, experience in. flying many •
has been named to a, similar capacity, with the- Pere Marquette- and
different-types of aircraft,- we consider that the,four-engine Douglas
has. been given additional-duties as Vice-President of Coal
Traffic, for
."3DC-4 Skymaster,,, of which several- hundred have beeri produced^ and -4 :
both. roads.Jurisdiction of W. H.~ • Wenneman,• Vice'-Presideht since-'
C"; Jlown in cargo service all over the world during and after the war, is
March, 1944; "has .been, expanded to include Finance and*-Corporate
Tthe best aircraft -available'nOw.- "We believe, if will remain so for transRelations. *C. J, Geyer^ formerly General Manager,T was Tadvanced tQ*continental- airfreight probably" for 'some years to comet" Tt-can be
Assistant Vice-President at Richmond.
C. A. Taylor, General Super¬
^operated at costs allowing- rates comparable to. fifst class rail express. •
intendent at Huntington,*;. W. Va.y was moved up to the
post of Gen¬
.'iOnly at such rateV-levels- is there a vast airfreight potential. The
eral Manag.erv-V.rl64/.p.' 2935.x / *.
/ .sri <
; * \i
jjropsr. loading, unloading and handling -of varied types of • freight,
including perishables; calls for specially designed equipment, containers,
racks, movable docks, etc.;. all of which are essential in order that
Electric Co. (& Subs.4)—Earnings—.
Cincinnaij! Gas &
ikhippers may derive the maximum benefits from airfreight and to
! Period End. Qept- 30—
1946—3 Mos.—1945
1946—12 Mos.—1^45
-^permit a profitable operation."
Gross
$8,389,087 $8,040,937 $36,993,885 $37,669,866
revenues-.;
L_
Gper. and maint._v_i_v. •5,735,215
4,961,443
22,632,919 -21,721,42L
frov. for depreciation..
712,395 /,
708,983 " 3,157,366 ' 3,414,309
Canadian Breweries, Ltd.—Co-transfer AgentTaxes, other than' Fed-,
\
The Bank,61 the Manhattan Company, New York, Ni Y./;has been
i eral income—__/___
782,952* * : 723,391
2 ,882,335'*. '2,896,919'
aftppointed Co^transfer Agent in the United" States for the common
Federal income taxes./
"242*,200
189,490
1,947,289
1,745,542
•tttqek/no par value.—V.-164, p. 1715. 7 r
:
7.
* ' *
4
I
Fed. exc. prof. tax—__
380,515 Crl,003,600
2,346;54T
/
1946—3 Mos.—-1945
1
-
Arthur/S./Gehet,, 37,
exc.
:
•
.ViniviV-;.-'.-V-'--.-f-
Chesapeake & Ohio Ry.—Changes in Personnel—
,
.^...:
income
j
;
■^
♦
1
-
1946—9 Mos.—1945
Subsidiary companies:-^
Gross revsr
other inc. $18,230,094 $13,829,585
$70,013,411 $63,773,661
Oper. & maintenance.,-- 11,822,771
10,622,817
38;857,115
34,412 193
Prov. for deprec. & depl.- • 1,632,876
~
1,587,900
5,984,658
5,973,451,
Taxes dther
than Fed.- - '■ ■
' X
Fed.
■
Trafficf for
,
DOES NQT INCLUDE COMPANIES DISPOSED OF)
Fed.
'
3)is company had presented a strong-case before the CAB on the basis
of !the wide experience of its personnel, including Both'regular" airline.1
Calif.—
-
•
;
,
.v
working capital.
x;;
.
.
1946 and a month later merged with Mer-'.
■j Net earnings of Chase Candy have shown sharp increases in the
T ,cury Transport Corp., which was organized by Alvin P. Adams an<h
l}ast five years.; NeV>fter jall charges including provision for Federal.
.Afysociates and Andre do. Saint Phalle ■&. Co._ After six mpnths. of - fcaxqs fQr ■ the year ended - June 30, 1946, was $427,473 as against
?
cperation, it has, established itself as phe of the leaders;_in the air,.;; $206,586 in'Jthe* preceding year, $171,614 in l944, $92,370 in -1943* and
*•';
Jreight fieli,...Each business .day, one of the company's four Douglas,
•j ' JXJ-4- cargo planes departs from Newark;; N. J., .generally witti-a'fulh
was
366.284.
Net >of ^National Candy,- after all charges and taxes,-for
^ioa<tPi, 18,00a.pounds, of ,gaxmentsr hfugs,.loiletries, cheese, fish, etc. >, the first ten months this,.year .was $791,215, as against $323,721 in 1945,
r
^sfbound loads so far have been, lighter but are increasing substan-;
phase Cahdy Co/.wili pay a quarterly dividend qf 20 cents a share
>:•
-stilly. - They- comprise; flowers, -furs, fruits- and vegetables, garments,- -V onLfhe cqinmoh stock oii Feb.: 1$.—V.. 164, p. 3140. j •'
'/■///,; /t/
■shoes and .publications. ; >■.:
j1 / '
1
Francisco,
•.
'/
"
.
-
organized in January,
'
San
;/,;;■ ,x
-
;
.
Discussing ealifomia Eastern's application for a permanent schedtiled common carrier-certificate; Mr. O'Brien expressed the belief !thaf
/;v;/
,0" Dec. 9" filed a; letter of notification with the
shares of _6%. cumulative preferred to be offered at
underwriting.
Proceeds will-be used for addi-^'
Period End. Sept. 30—*
Candy Division of ^Clintoh Industries,- Inc.";
(
Inc.,
/,_
Columbia Gtas & Electric Corp.
170,000 shares
to the cost) of -many items of this form of shipment,-thereby; 7 and packaged candy. Distribution is through mdre thap 6,000 retail
.increasing tlie potential air freight market."*:
and wholesale accounts.
National Candy also manufactures a general
{
California Eastern Airways. Lie. is the. only air cargo carrier Jn the.; l)ne of products including many Specialty items and distribution is
HJnited States flying DC-4s exclusively oh a large soale. The company; ■through more than ;8,000 . outlets.
was
■
share .without -
a
tional
3,000
;
f
u
;
for
$100
share, and
Been sold to
2;
-40#
;
,:
Files wi'th: SEC—
j. Proceeds from the financing, along with proceeds from the sale of
qver, the 20c per cwt.Jncrease in..railway, express rates Just put into
effect, plus the 50c per package handling charges, adds about 30'^ to-
t
Collett-Wcek-Nibecker
S;
Byllesby & Co., Inc., head¬
a
,
favorably with railway express,!' he stated,-,
^'considering- such factors as labor in-packing and handlings which are
«eperally smaller in, air freight than ;in: rail express. .Some products,
cap. be skipped from coast to coast by air that will arrive the next day
Cheaper than if shipped for 10 to 12 days by Railway- Express. -More-;
%
■
-
"Rates
*
Offered—F.
cumulative preferred stock, series A. The stock was of¬
fered at $20 a share.
^. ..
California will provide return traffic; which will help „to-. balancethe present, westward .flow" Mr. O'Brien predicted.
"
V
-
Stock
banking group of 33 underwriters which on Dec. 19
iioade a public offering of 100,000 shares of 5% ($20 par)
an*
;
Co.—Preferred
Yantis & Co.; Inc., and H. M.
that
"On certain items, the volume of traffic already haa,
■exceeded estimates made for the distant•;future."_.'j;;-^--: 2^-. -'' M
) "Retail fashions constitute one of the most important commodities
suitable for. shipment, by air and before long fashion traffic originating
v
Candy
12 MOS. END. SEPT.
30
f
/-(Does not include companies disposed of)
v-:-'v
;
Subsidiary Companies:
,.- /
V
1946
1945
Gross revenues and other income____—______
$93,121,848 $86,228,344
Operation, and maintenance
51,595,246 46,501,126
Depreciation and depletioni__L-_/_________:___
8,201,719
8,393,352
•
:
,
.
1
Taxes
other,than
Federal
.
,
■V"
income—
Federal income .taxes
"Federal
1
excess
:
"profits taxes
—
5,185,527
7,579,477
1,128,078
5,421,815
5,158,114
5,049,907
■.
•
^
'
Gross
income
$19,431,801 $15,704,030
424,885
'
662,428
———
,
Income deductions -—.z———1_———
"
■
'
.
-
i Balance
.
,
.
Columbia
applicable to
corporation._._—i__*$I9,006,916*$15,081,60a
Gas & - Electric Corpx
Administrative
;
'
'
;•
expenses
Inderal, State
Interest
and
1,051,343
other taxes
and
other
,
fixed charges
Miscellaneous income
—
•
7
r
»,
"i
L,r
,i.t,
.
'
1,192,955
.585,101
7
2,932,127
/ Crl3,406
'
A.'".
I
■•'
•
»1
647,954
2,934,652
Cr42,7l6
•
.,
•
,
Canadian Pacific Railway
,
I"
Week Ended Dec. 14—
earnings.
-Traffic Earnings—
;
,
—V. 164. p,
3139.
•.
•
.
1946
1946
$5,648,000:
'Traffic
: $916,324 / $i;Q77,115
Net oper. revenue—
Other income.'——
;
1945
$5,886,000
,4,933/ I
!
.
.Capital Administration Co., Ltd.—Cash Dividend—
The
New
reeeived notice from this company of the declaration of a dividend of
abare, payable at the. close of business DeO. 26, 1946, to
stockholders of record at the close of business on Dec. 20,1946, provided
thht charter restrictions as to the payment of dividends on such class
//A^stock a» satisfied as of such date./;••'//■;;//'
The Exchange directs that the class A stock be not quoted .ex said
'dividend until further notice; and that all certificates delivered after
X>«©. '20, 1946, must be accompanied by due-bill^.
See also V. 164,
j
.
3139.
j
-
f•":.>*•/:/ 4".:
$921,255
-•
—U-
322,112
Net .income.requirements.
$599,143
; 270,000
Pfd.» div.
////.V..'- V
j Balahch "*-//
///-/. '1, $329,143
i ♦The"special; charge
$1,089,350
'■
—L-__•
379,744
,
t
>
86,780
$5,631,905
<•:
1,561,453
$7,412,373
*1,491,274
-
$.709,606
500,000
•" $209,60A
Is. equivalent tq
4
1,332,324'
$4,588,775
1,080,000
$0.85
.
income
statements
do
not
include
American Fuel and- power Co. -or Its subsidiaries. The corporate charter of American Fuel and power
,<26. has been repealed and its former
assets are held by a trustee under the Federal Bankruptcy Act.. Trus¬
tees ih*bankruptcy have also .'been appointed foritS subsidiaries, except
Kentucky Drilling Co^ whose assets are of little value,:
x ,{
-
tions between these companies and the remaining Columbia System
companies are treated as if no affiliation had existed.
Fixed charges
and preferred and preference dividend requirements- of Columbia Gas Jfs
$3,508,775' $2,67(J,452f
a
redeemedr during the year,-t-V; 164,•, p.
Wllllain Dana Seibert,' Preakleiit; William D. Riggs,- Business
13B fl. XA SaUe St./ Chicago 3, M. (Telephone: State 061;
second-class matter February 25, 1942, at tho peet office at
as
8m-American Union, $26.00 per year; in Dominion * made in New York per ymf. Other
foreign subscriptions and advertisements must be of t Canada; !$29:0<r funds.
2013.
„
j (2) The foregoing figures do not include any operations of the com¬
panies" which have been disposed of during the period covered by
these income statements. They are Cincinnati Gas & Electric Co. and
its subsidiary companies; Dayton Powers. Light Co., and. its subsidiary'
company; Ohio Fuel Supply Cci. and Viking Distributing Cox Transac¬
$4,070,462
2,000,000*
nonrrecurring tax credit
resulting from the deduction, from taxable net income of caU premium,
duplicate* interest and unamortized debt discount and expense appli¬
cable to -bonds
offioe»>
•
-
$1.18
NOTES--(1);:The' consolidated,
:
-
The Commercial and Financial Chronicle (Reg. U. S, Patent Off!
r
outstand.
-
$5,545,125
*.
$14,451,751 $10,348,757
stk.
.
Gross income—.
^nt. and fixed chgs
.»
'
.
com.
amounts, $13,832,049- was paid to the corporation by the
in the form of .interest and dividends during the 12
months ended Sept/30, 1946 and
$12,620,312 during the 12 months
ended Sept. 30, 1945v
:
l .:
< x
; * ,'>■ ■"•■'•
Yprk Stock Exchange announced on Dec. 13 that.it has
155 cents per
i
,
1
; * Of these
subsidiaries
•'
Special charga4i-.us._Lw
V:
12,235
;,
$7,377,575
34,798
; Consolidated net income
Consol. earns. Per share of
J (12^23,256 shares)
—
,,
[
;
r,
,
Electric Corp., amounting to $8,743426 and $10,433,555 for the 12-month
period ended Sept. 30, 1946 and Sept. 30, 1945, respectively, have
been adjusted tc reflect the retirement of the preferred and preference stocks and the debt refinancing.Federal income tax of Columbia
j \
*
{
;
(Continued;
on page
3288)
;
York 8, N. Y., ffEctor 2-9570. Hefbert D. Seibert, Editor and Publisher:
news and advertising is6ue) with a statistical issue on' Monday].
Other
Edwards
Smith/ Ctopyright 194»: by .Wiani
Company. Reentered
Subscriptions tb United States. XJ. S. Poaseesions, Territories and Members ol
per year.
NOTE: On accodnt of the fluotuatlons ba the rates of exchange, remittanoee
.
...
.
^Ana-WMOS «HIT
CHRONICLE
xoif-ir1• ma
* 'V-
*u
„,>,
•
«•' '
;
.•
•
2%%;v debentures and $30,000,000. Monsanto
Chemical Co., 25-year 2.65% debentures (placed pri¬
,* '
■
aggregated .t- ' w»
•
-■
20-year:
"••Corporate cuuoDivuo for ; November
yv* yviatc emissions
xux
$676,193;,682, the fifth largest monthly total this. year. This
remarkable showing was accomplished despite the pre¬
vailing bearish state Of the stock market and the con¬
tinued industrial unrest. The month's total compares
with $321,748,111 for October and $161,824,698 for No¬
vember 1945. The principal factor for the large amount
of [corporate financing can be attributed to the large
anibunt of private financing which accounted for over
50% of the month's transactions.
T'Of the total for the month $589,877,742 or 87.2% rep¬
resented new money and $86,315,940 or 12.8% was for
refunding.1 This is the fourth consecutive month and
the fifth in the last 35 months in which new money fi¬
nancing exceeded refunding operations.
'/-The principal flotations for the month were $150,000,000 General Electric Co. 2.55% 20-year notes (placed
privately)$1,000,000 shares of preferred stock $3.75
series (on par) of General Motors Corp.; $60,000,000 R.
J. Reynolds Tobacco Co. 2%% loan (placed privately);
vately).
Mondayr December 23,1946'
128,215,273
Ffftrmtry.
March..
306,474,227
684,631,086
991,105,313
289,599,643
199,771,028
307,350,014
387,662,791
671,103,991
385,565,301
677,262,434
870,875,019
692,915,315
796,720,685 1,444,332,083
'/•
/
...L.
.
2,241,052,768
;/
April
May™.
June...
—;
■'
yvw"•
fi-TflCJ:'-
'
Second quarter.
Sep
5
Sep 12
Sep 19
Sep 26
1,309,005,000
1,305,337,000
1,304,827,000
1,303,440,000
1,305,337,000
1,304,827,000
1,303,440,000,
2,340,643,000
Sep
Sep
Tax
1
1
2,340,643,000
494,111,145
10
day Treas. bills
17 /91
day Treas. bills
Oct
24
Oct
31 1 91
Oct
1
Oct
7,647,708,807
7,010,827,000
636,881,807
months- 98,890,603,436 89,456,188,000
9,434,415,436
14
91 day Treas. bills
21
91
day Treas. bills
Nov
29.
90
day Treas. bills
Nov
1
Nov
1
Nov
100,923,035
159,360,123
1,352,125
555,122,202
367,086,226
79,085,300
656,045,237
526,446,349
80,437,425
76,399,341
184,500,006
225,707,162
121,400,691
108,106,665
36,115,868
36,398,283
.,
189,591,294
85,002,408
of indebt.
S. Savings bds.
U.
Depositary bonds..
Tax Antic'n notes.
Nov
Total for November____
Total
eleven
for
' •' '.
1,103,194,912 2,128,963,169
;/Slx.months_—.
•INTRA-GOVERNMENT
*
./'
../,r
h/Nine months.........
—.
July—
65,208,350
86,315,940-
;
/•'/
■
193,109,384 708,303,942 901,413,326
4,358,152,745 - 488,867,748 1,430,562,237 1,919,429,985
Total
676;193,682
,136,614,813
26,565,747
618,835,452
338,394,097
755,450,265
364,959,844
20,434,385
988,931,090 1,202,560,112
101,548,627 A 161,824,698
337,040,911. 501,334,198
452,746,807
' 2,686,000
166,413,000
Retired
$
.
116,304,052
for
July
$
155,000,000
50,000,000
12,715,000
558,173,000
775,888,000
62,715,000
713,173,000
;
f.
-/_:-■
Certificates
v
Tr
184,500,000
237,100,000"
/,
n
;
Total for
/■
2,331,581.044
205,000,000
'570,888,000
:■
^
Notes
136,738,437
Net Issued
;
$
,■
/
■
/.,
FINANCING
;
August—
213,629,022
60,276,071
164,293,287
321,748,111
■
...Z/—,--",
826,381,452 3,531,771,293
4,763,374,513
5,304,000
9,732,000
14,068,322,000 11,736,740.956
six months
Certificates
""—————•
"
256,539,761
589,877,742
^—
November
961,535,209
445,511,916
810,260,9.15
,
423,678,261 1,793,629,779 2,217,308,040
1,531,216,432
1,993,798,754 2,769,575,759
'
October
749,921,243
338,267,743
705,440,793
>
Notes
890,603,842 .640,612,590
Third quarter.
r,
211,613,966
107,244,173
104,820,122
766,216,612
451,109,142
313,890,678
399,673,579 ;
96,807,061
144,131,950
366,543,033
354,302,081
169,758,728
July—;
August.....
...
September.......
'■:,//
Total for
214,580,801
248,980,985
437,851,540
157,252,988
143,408,024
407,642,920
57,327,813
105,572,951
30,208,620
Issued
1946—
295,758,364 722,258,295 1,018,016,659
402,703.191 1,738,141,514 2,140,844,705
3,232,158,081
'
/'
148,913,492 382,694,367 531,607,859
261,635,283 1,001,293,728 1,262,929,011
'
aKxCL. .•••';
707,459,707
1,311,974,000
1,313,712,000
1,308,357,000
1,302,232,000
1,774,552,000
Z
...
146,844,872 , 339,563,928/ 486,408,800
877,915,694
183,503,000
1,311,974,000
1,313,712,000
1,313,661,000
1,311,964,000
1,774,552,000
452,746,807
2,686,000
166,413,000
Nov
Ctfs.
519,370,707
4,586,000
7,959,484,000
Nov
176,456,350
160,961,995
148,990,455
137,683,000
98,346,215
103.534,713
1,306,394,000
1,301,905,000
1,303,261,000
8,666,943,707
91 day Treas. bills
$
736,847,786
1,439,522,000
October..;
7
38,773,350
62,615,780
45,455,742
744,828,845
519,370,707
4,586^000
183,503,000
bds.
bonds..
Tax Antic'n notes.
Depositary
Oct
Total
Savings
S.
U.
1,301,964,000
1,306,438,000
indebt
of
Ctfs.
1
Oct
bills
day Treas. bills
day Treas.
7,563,252,000
1,301,964,000
1,306,438,000
1,306,394,000
1,301,905,000
1,303,261,000
1,439,522,000
91
Oct
91
2,500,000
248,217,700
8,308,080,845
Treas. bills
91 day
3
494,111,145
2,500,000
248,217,700
Antic'n notes.
for September
Total
Oct
800,616,649
7.749,055,000
1,309,005,000
Total, for
Refunding
Capital
8.549,671,649
91 day Treas. bills
Ctfs. of indebt.
U. S. Savings bds.
Depositary bonds..
Sep
12,373,00(1
.
590,022,049
2,773,000
188,354,600
Augusfci_____^_
91 day Treas. bills
Sep
7,0~94[000
.
2,773,000
188,354,600
91 day Treas. bills
91 day Treas. bills
Total for
in September,
the July total,
1,308,242,000
1/101,341,000
1,308,007,000
1,302,132,000
1,223,496,000
590,022,049
1
Nov
322,970.703
191,107,290
363,837,701
141,067,908
-
Aug
Oct
$
278,899,772
162,182,000
295,766,014
,
,
l
Aug
-tl944-
New
Total
$
'
1,305,837,000
1,308,007,000
1,302,132,000
1,223,496,000
__
244,124,054 ' 44,070,931
311,351,311
28,925,290
435,629,948 ' 68,07l;687
.
1
Aug
particularly as additional private
light.
$
......
Aug
placed in June, 14.01% of the
1946, 1945 AND 1944
Refunding
Capital
New
Total
Refunding
131,170,053'
/ 47,088,901
January^
may
—11945
112,954,001
112,954,001
264,262,410
264,262,410
307,414,675
307,414,675
'
Aug 29
,
•;
be necessary,
financing is brought to
ures
Indebtedness
Refunding
.%
1,305,837,000
1,315,336,000
1,313,714,000
bills
bills
bills
92 day Treas. bills
Ctfs. of indebt
U. S. Savings bds.
Depositary bonds
Tax Antic'n notes.
Aug 22
tabulation of figures since Jan¬
uary, 1944, showing the different monthly amounts of
corporate, financing.
Revisions of the 1946 and 1945 fig¬
Capital
.
8
Aug 15
Helow we present a
_
$
Aug
the total for the
aggregated $343,-
12.1% of the April figures, 9.4% of the issues
so placed in March,
28.4% of the February total and
12.1% of the January total.
.
.
: ;
:
Municipal financing for September footed up $71,465,300, of which $69,486,300 was for new money and
$1,979,000 for refunding. The month's total, compares
with $50,025,000 for October and $41,665,742 for No¬
vember 1945.
Accepted.
bills
91 day Treas.
91 day Treas;
91 day Treas.
91 day Treas.
1
May total,
1946—
New
of the issues so
10.6%
New ,v
Total Amount
:
•
„
Aug
November played a prom¬
October, 24.9% of the issues so placed
45.2% of the August figures, 21.8% of
s
Type of
Security,,
'
'
■
,vfhX.
-mv'V "Vi1"-': MtKiK
••
Dated
142,000. This is the largest monthly total ever recorded
for issues sold through the private route according to our
records. The November placements represented 50.7%
of the total for the month compared with 33.3% for
FIGURES BY MONTHS
CORPORATE
OF
/•••'.
part in the month's financing,
month comprising, 18 separate issues,
iBram-Walker-Gooderham & Worts, Ltd.,
SUMMARY
•
placements for
Private
Steel Corp., consolidated mortgage
2%% bonds; $50,000,000 Inland
Steel Co., 1st mortgage 2.65% bonds (placed privately);
$30,000,000 Dow Chemical Co. 15-year 2.35% debentures;
$30,000,000
:
■,
■■
inent
$50,000,000 Bethlehem
30-year sinking fund
I
.«?*&;>^£^4 ;>»; wfoy;:
_
-
Capital Flotations in the United Slates During the Month
And lor the Eleven Months of the Calendar Year 1946
The
\^
(
v:?.iV;Z"
*
'
;
■
-
£*&. >Z f:''
.
■■■; «•;
.
.
COMMERCIAL & FINANCIAL
THE
August
421,600,000
.
23,500,000
398,040,000
15,000,000
.>;■
184,500,000
213,540,000
23,560,000
M
358,000,000'
December
t
t
■'
>
"!
/' 183,614,945 1,073,533,601 1,257,148,546
1,427,520,628 1,865,719.008
438,198,380
„
/Fourth quarter.
I
Twelve months.
1,264,579,832 4,959,291,921
6,223,871,753
,
672,482.693 2,504,095,838 3,176,578,531
September—
Notes
410,590,000
133,100,000
45,000,000
88,100,000
October—
nri"
Treasury Financing for
Wh
There
$
Aug 27
jcharige basis, par for par, to
icates of
*5
91 days
Sep
12
91 days
Sep
19
Sep 20
Sep 26
Aug 16
Sep
1
lyear
Sep 1-30 Sep
Sep 1-30 Sep
1
10-12 yrs.
Sep
holders of Treasury Certif¬
J-1946 which matured
Indebtedness of Series
Sep
6
Sep 13'
;fpr, the issue of %.% Treasury C?ei:tificates of Indebted¬
ness ! of Series K-1947
whieh-vwere offered oh an ex-
Nov. 1, 1946.
$1,774,552,000 of these subscriptions
were accepted and the balance redeemed in cash.
ur;
The Treasury Department announced on Nov. 18 an
rpn
i
91 days
91 days
Total
Treasury Certificates of Indebtedness
in exchange par for par to holders
of Treasury Certificates of Series K-1946, in the amount
of $3,268,201,000, which matured on December 1, 1946.
The Treasury Department announced on the same day
that the 1V2% Treasury Notes of Series B-1946, in the
amount of $3,260,777,000, which mature on Dec. 15, 1946,
will be redeemed in cash.
The results will be given
here next month. - v. •■ /;'
■;/
'Z V*
Outside of the above the Treasury Department in
November confined its operations to the usual weekly
Series
We
STATES
UNITED
Amount
Due
Dated
Applied for
*
$
Total
for
3
Oct
4
Oct
10
91 days
Oct
11
Oct
17
91 days
Oct
18
Oct
24
91 days
Oct
25
Oct
31
91 days
Oct
1
1
Sep 18
10-12 yrs.
Oct 1-31 Oct
1,873,066,000
1,891,563,000
1,804,729,000
1,790,665,000
1,734,460,000
3,203,145,000
519,370,707
4,586,000
183,503,000
12 years
Oct 1-31 Oct
*0.375
2 years
Nov
91 days
Nov
22
Nov
90 days
Oct
21
Nov
1 year
Nov 1-30 Nov
10-12 yrs.
12 years
1,804,814,000
1,755,891,000
1,821,794,000
1,798,985,000
3,432,410,000
452,746,807
2,686,000
Nov 1-30 Nov
2 years
Nov
1
Nov
91 days
Nov
■
Amount
Price
Yield
5
Nov
91days
15
1,301,964,000
1,306,438,000
1,306,394,000
1,301,905,000;
1,303,261,000:
1,439,522,000
519,370,707
4,586,000
183,503,000;
+ *0-375
%
1,803,541,000
1,307,745,000
for
Total
99.906 + *0.376
5
July 11
91 days
1,891,988,000
1,315,136,000
99.905 + *0.375
99.905+ *0.375
99.905 + *0.376
100
,,
/July 12
July 18
July 19
July 25
91 days
1
1 year
/Jun 14
,
July
July 1-31 July
1,894,854,000
91 days
•r
-
1,310,517,000
for eleven
1,305,129,000
4,673,023,000
2,915,697,000 100
752,985,360
a
12 years
/ 7,848,000
•Average rate on a
7a
Below we
2 years
300,463,500
%
.
99.905 + *0.376
1,311,974,000
1,313,712,000
1,313,661,000
1,311,964,000
99.905+ *0.376
99.906 + *0.376
166,413,000
2,686,000
166,413,000
Z—--
Long-Term Bonds and Notes (Issues Maturing
V Than Five Years) /".
7a
7,647,708,807
'a
a
100
;
2
b
series,
1%% equipment trust certificates,
Purpose, purchase of equipment. Priced to
to 1.85% according to maturity.
Offered
by Halsey, Stuart & Co. Inc.; Putnam & Co., and The
First Cleveland Corp.
'
<•
'
. .
:
.
$1,500,000 Chesapeake & Ohio Ry.
due 1947-56.
/
yield from
/
••
—-Z 98,890,603,436
.
;
1%
.
bank discount basis,
Comprised of three sepa¬
a
North Western Ry. 2%
OF
Dec.
1,
1947-56.
equipment trust cer¬
Purpose,
purchase
of
equipment.
Priced to yield from 1.10% to 2.10% accord¬
ing to maturity.
Offered by The First BostonCorp.;
Harris, Hall & Co.; Drexel & Co.; Equitable Securities
Corp.; R. W. Prdssprich & Co.; The Illinois Co.; Bacon,
Whipple & Co.; William Blair & Co.; Julien Collins &
Co.; The Milwaukee Co.; Hayden, Miller & Co.; Kebbon,
McCormick
&
Co.; McMaster Hutchinson
& Co., and
of
USE
Later
;./■/'railroads /;//./ ; ././
Rambo,
FUNDS
Close 4c Kerner, Inc.
.
6,880,000 Northern Pacific Ry. 1%% equipment trust certificates
due
annually December, 1947-56.
Purpose, purchase of
equipment.
Priced to yield from 1.15% to 2.125% accord¬
ing to maturity.
Offered by Halsey, Stuart & Co., Inc.;
Hallgarten &> Co.; Hornblower & Weeks; Otis & Co. (Inc.);
R. W. Pressprich & Co.;,L. F. Rothschild & Co.; Harris;
Hall & Co.
(Inc.); First of Michigan Corp.; The Illinois
9,215,520,860
Total for July.
Flotations
''•Dining November, 1946
99.905+ *0.376
100
certificate#
Trust Fund
give complete details of the capital flota¬
November including every issue of any
out in that month.
/.li' .. ■
Details of New Capital
series G
a
300,463,500 100
«
during
tions
b
100
which series E have 10-year maturity, are sold on a
discount basis at 75, and yield 2.90%; series F have a 12-year matur¬
ity, are sold oh a discount basis, at 74, and yield 2.53%; and
have a 12-year maturity, are sold at 100, and bear 2Mt%
interest,
b Comprised of separate issues, designated Treasury notes of tax series
A-1945, series C-1945, series C-1946 and series C-1947. Series A earn
about 1.92% a year and series C, about 1.07%.
rate
7,848,000- 100
July 1-31 July
sales of special series certificates and notes;
Service Certificates Fund and Unemployed
.
tificates J due
4
July 1-31 July
238,865,000
4,253,973,044
10,140,000 Chicago &
99.905+ *0.375
752,985,360
1 10-12 yrs.
13,635,000
notes to Federal Old Age and Survivors Insurance Trust Account,
Civil Service
Retirement Fund, Foreign Service Retirement Fund.
Canal Zone Retirement Fund, Alaska Railroad Retirement Fund, Postal
Savings System, Government Life Insurance Fund, National Service
Life
Insurance Fund,
Federal Deposit Insurance Corporation, and
Federal Savings and Loan Insurance Corporation.
/ ;
2
-
100
months—
99.905 + *0.375
1,767,751,000
252,500,000
a
a
100
172,000,000
66,865,000
November——
•Comprise
and
99.905 + *0.375
/July
for
Total
■
.90 days
».
eleven months. 16,205,410,000 11,951,436,956
Totar for
b
99.905+ *3.375
161,724,000
13,635,000
a
2
73,624,000
25,670,000
99,300,000:
i
Notes
99.905 + *0.375
1,774,552,000
v.
452,746,807
November
Total
56,502,677,568
5
July
Jun 28
i
172,000,000
80,500,000
Certificates
8,666,943,707
Total for October
Nov 1-30 Nov
!;
>
r
November—
kind brought
DURING 1946
Accepted
1 year
-
•Oct 1-31 Oct
■'/■/
months
six
Oct
91 days
Nov
TREASURY FINANCING
Date
Offered
Sep 27
Bonds, Tax Anticipation
present otir usual tabulation: " "
now
/
sold to Adjusted
L-1947
sale of Treasury bills, Savings
Notes and Depositary Bonds.
-
■
..
*0.375
+
offering of %%
Pf
,
,6qtober^---TJ[^.f 232,409,000 /^[70,676,000 >
Total for
U
——
.
+
/8,308,080,845
i,—
September—
for
+ *0.375
/;
.
Z
Notes
•'
%
99.905
1,309,005,000
99.905
1,305,33!?,000
1,304,827,000 99.905
99.905
1,303,440,000
2,340,643,000 100
a
494,111,145
2,500,000 100
248,217,700 100
2,500,000
248,217,700
2 years
Certificates
Yield
Price
■..v'.-r-w-1'
-.
;
1,812,315,000
1,801,999,000
1,777,250,000
1,830,960,000
4,144,854,000
494,111,145
12 years
Sep 1-30 Sep
Accepted
Applied for
Due
Dated
Offered
subscriptions received
$3,432,410,000 in;
were
{November
Amount
Amount
Date
>
52,590,000
44,110,000
'
/
-tltevised/
oi*
.
29,110,000
454,700,000
/
-
Total for September
n:
373,000,000 1
>81,700,000
Certificates
-
July 26
Aug
2
1,315,336,000
99.905 + *0.376
1,816,484,000
1,313,714,000
91 days
1,803,547,000
1,308,007,000
99.905 + *0.375
July
92 days
1,804,682,000
1,302,132,000
99.904 + *0.375
July 11
July 18
8
91 days
91 days
Aug'
Aug 15
Aug 22
;Aug 23
Aug 29
Aug
1
Aug 1-31 Aug
1
-
1 year.
2,307,568,000
10-12 yrs.
590,022,049
Aug 1-31 Aug
12 years
2,773,000
Aug 1-31 Aug
2 years
TctP»
fcr
Accepted
/
Refunding
99.905+ *0.376
1,796,174,000
9
July 17
1,823,956,000
91 days
Aug 16
Aug
99.905 + *0.376
Total Amount
Type of
Security
Dated
1,305,837,000
Aug -1
188.354.600
August..-.
;
Total for
.1,223,496,000 loo
590,022,049
a
2,773,000 100
188,354,600 100
8,549,671,649
■
y8
at/',
2
b
^
i
5
July 25
July 1
July 1
July
July
Total
six months....
90 day Treas
for
July
i
.,
$
56,502,677,568 51,019,604,000
1,307,745,000
bills
91 day Treas. bills
91 day TreaS. bills
91 dhy Treas. bills
Ctfs. of ihdebt.--/
V. 8. Savings bds.
Depositary bonds..
Tax Antic'n notes
Z#
1,315,136,000
1,310,517,000
1,305,129,000;
2,915,697,000
.
1,307,745,000
1,315,136,000
1,310,259,000
$
5,483,073,568
?
Z—ZZ—
8,153,966,000
Putnam & Co.; Julien Collins & Co.; The Milwaukee
Mullaney, Ross 4c Co.; Bacon, Whipple 4c Co.; The
Cleveland Corp.; Kebbon, McCormick 4e Co.; Mason,
Moran & Co.; McMaster Hutchinson 4s Co.; E. W. 4s R. C.
Miller 4: Co.; Alfred O'Gara 4s Co.; Schwabacher & Co.;
Singer, Deane 4s Scribner; Thomas 4s Co., and F. S,
Yantis 4s Co., Inc.
'•
■■/
,/. ■ .
Co.;
258,000
Co.;
i k:,
First
Of,
1,305,129,000
2,915,697,000
752,985,360
7,848,000
300,463,500 /
9,215,520,860
New
Indebtedness
fl'.i
752,985,360
h
7,848,000
h
300,463,500
I3'J
\
*
/
1,061,554,860,
$18,520,000
j
.
i
j
z
vmmnmmrntotomMmmmwrmmmmtS&iw&lmiemMi&mMimimimmm
-.Volume-164: Number
THE COMMERCIAL 4 FINANCIAL CHRONICLE
»*£*.
4553
32*5
•**'"fir
PUBLIC UTILITIES
*$3,000,000
1
*
StatesElectricCo. 1st mortgage* 2,%%4 bonds'series
Purpose; refunding, 'j Price,; 101 land interest.
Placed privately through Harris
H$U & Co.f (IncO., »
3%%
t
due
■.
Service_Co.,Inc. 1st mortgage bonds Series
1976*.
Purpose,
Gas
acquisition
Light
Co.
33/a%
j--«...
7;.7>
mortgage
bonds,
\
;\>
purpose,
North¬
,
& Co.1'
j
-
•
•
•-1';
J
I ■"'•■■I
'! !Noy. :V|1971/
J
♦1,250,000 Republic
v
'j
'
Co.
surance
.
600,000 South Shore Utilities Assoeiates
|25-year 3%% bonds, due
1971.
Purpose, retire bank loans, etc.
Placed privately
through F, I^. Putnam &,Co., Inc. v
of America.
Drill
A
•
Tool
-
,
Co.
4%
(
i
i
$50,000,000
COAL, COPPER,
r
ETC/ !
.
.
,
ing fund 2%%
bonds, series J, due Nov. 15, 1976.
Pur¬
pose,
additions, improvements, etc.
Price, 100 and interest.
Offered by
Kuhn, Loeb 8s Co.; Smith, Barney &
Co.J A. C; Ailyn and Co., Inc.; Atwill and CO.; paeon,
7
•
Whipple
^
.
'
I.
.
...
.'7/
.
,
/// v:
/
*
'
Co.;
A.
G.
Baker,
Becker
Watts
&
&
Co.;
Baker,
Weeks
of
)
'f.7'
;
.7
Sachs
&
i
j
v
;
f
■/•
LAND,
/,
'
// A/
at
Ross
Co.;
Co.;
Humphrey Co.; E.
and
/ /
,
;-
&
,
/
k
H.
/
Sons
8c
Inc.;
Co.;
8e
i
f
.
Stubbs; The Wisconsin Co.;
y
{
Dean Witter
and.Yarnall & Co. j
E. Wood Sc Co.,
25,000,000 Crucible Steel Co.
bonds,
100
v"
and
Sc
Offered
Co.;
'
f:
/.;
Stone
Sc
j ; '/•■
Co.;
|
etc.
t
i
;
,
:
;
j
<
'
Oct. 1,
"•..''/•If/.
sion
OTHER
;
/
•}• / A |
AND
1
! '
/
•
/
;
York.
.
/
due
;/r/' (,
<
l'
30,000,000 Dow Chemical Co.
1961.
Purpose,
terest.
7
/
f
;
/
1
'
debentures, due Nov.
purposes.
Price,
100
and
1,
in¬
Offered by
7
■v.!/7'
offered
by
Blyth
&
30,000,000 Hiram
Walker
Sc
Co.;
1,
Walker-
Gooderham
&
j
Worts
Ltd.
and
;
,
(no
Co.;
Wm.
C.
M.; A.
Roney
Telephone
Co., Inc.; Central Republic Co. (Inc.); Clark, Dodge
Co.; E. W. Clark & Co.; J.iM. Dain & Co.; Dillon, Read
& Co. Inc.; Dixon & Co.; Dominick & Domeinick; Drexel'
Sc Co.; Eastman, Dillon Sc Co.; Equitable Securities
Corp.;/.
.
>
■
,
,
/
Estabrook & Co.; Clement A. Evans &
Co., Inc.; Farwell^
Chapman & Co.; The First Boston Corp.; First of Michigan
Corp.; Folger, Nolan Inc.; Glore, Forgan & Co;; Glodman],
Sachs & Co.; Graham, Parsons <fc Co.; Harriman
Riplej
& Co., Inc.; Harris, Hall & Co. (Inc.); Havden, Stone
Co.;
Hemphill,
Co.;
Kebbon,
Noyes & Co.; The Illinois Co.; Janney ,
McCormick & Co.; KUhn, Loeb & Co.; Le
7,
RFC
(Ore.)
•;
-
'
R.z Staats
Fenton
of constituent
by
&
shares
-
of
common
<
series
and
C
by
H.
D
M.
Price,
$11
per
,7 '
:
Campbell;
Offered
Payson
as
offered
share.
Offered
underwritten
/'
..
'
/ ;
Co.
for
Sc
Co.
•
1
,
7
77
t)3£.28R^a
)00,8^B,V
ooe.E&iv.o/'/
-
8s
Price,
$2,50
i
7/ //■■/',
.
per
shares preferential and participating
(par $1),; Purpose, working capital.
Offered to the public by the
'"'7■'>•/ .;7"'77::;''|7/7.77^''7?
share/
preferred
and
;
subscription
by Galleher & Co.,
"
etc.
=
preferred
./-'!.
7
.
to
common
,.
,
>
"
;
/
(par
'
•
..
1
t
'
-
'
•
I
/
Co.;
Jackson
Sc
Co.,
per
*
Co.;
Sc Weeks; Kebbon, McCormick
Milwaukee Co/ Paine Webber,
Jaffray & Hopwood; Smith
8s Co.; Tucker, Anthony & Co.; Watling, Lerchen
and Wertheim,8s Co.
.
7
>
& Co.; Hornblower:
Loewi & Co.; The
Noyes
&
Curtis;
8s
Piper,
.
„
(Continued on page 3288)
*
.
7!■ ^/.-
In
the
comprehensive
tables
on
the
following pages we compare the Novem- 4
ber and the; 11 months figures with those
for the corresponding
years
year
periods in the four ^
preceding,, thus
comparison. 7 7
affording
a
five*/
w.
Co., Inc.; Boettcher and Co.; Bosworth, Sullivan
«?!
"
7,000,000 Kimberly-Clark Corp. 70,000 shares
2nd
preferred stock,
cumulative (par $100).
Purpose,
expansion.
Price, $101.50 per share.
Offered by Lehman
Brothers; The Wisconsin Co.; Hallgarten 81 Co.; Bacon,
-,77*7 77. Whipple Sc Co.; J. Barth Sc Co.; A. G. Becker &.Co., ^nc^
7 William Blair Sc Co.; Blyth & Co., Inc.; J. M. °Ain
Co.; Emanuel, Deetjen & Co.; The Fir«t Boston Corp.,
7
" Goldman,' Sachs Sc' Co.; Harriman Ripley_. Co.
Harris
Hall &; Co. Inc.; Hayden, Stone Sc Co., Hemphill,
stock
'
Vegetable
stock
'77
V'
'.
Parchment-Co. 100,000 shares of
$10).
Purpose, retire bank loans,
Price, $15 per share.
Offered for
subscription to stockholders.
stockholders
common
Inc.
$6
completion, of project.
stock
$22.50
Digest Publishing Co., Inc. 10,000 shares of
stock (par $5) and 10,000 shares of common
$1).
Purpose, purchase of machinery, etc.
per
unit of one share of each.
Offered by
1,500,000 Kalamazoo
7
Corp. 32,000 shares of common
expansion, working capital.
Offered by C. K. Pistell Sc Co.* Inc.
Purpose,
Frank P. Hunt, Rochester, N. Y.
•
stock
caprtal.
working
Printing
par).
Price,
7
indebtedness,
(par.
Barney
common
Price,
pay
Offered by B. G. Cantor Sc Co.
share.
Textile
(no
stock
'•>. •'
of
Co. 59,500 shares of e^mon
Purpose,
per
60 000 Helicopter
Unexchanged shares
The Moody Invest-
10,000 shares
$1),
Price, $3.50 per share.
$7.50 per share.
the
(par
Price, $5
stock
Baker, Watts 8s' Co.; Baker, Weeks Sc
Harden;. Ball, Burge 8s Kraus; Bateman, Elchler 8s Co.;/
Bear, Stearns & Co.; A. -G. Becker" &r Co./ Inc.; Biddle,/Whelen 8s Co.; Blair Sc Co., Inc,; William Blair Sc Co.;,
Blyth
50,60G
dividend class A stock
112,000 Fabien
1,000,000 shares of preferred stock
$3.75 series (no par),; Purpose, corporate purposes.. Price,
$100 per Share and divs.
Offered by Morgan Stanley. &
Co.; A. C. Allyn and Co.; Inc.; Almstedt Brothers; American
Securities Corp.; Auchincloss, Parker Sc Redpath; Bacon,
&
CP!-,'|hc.i."7''^'^ './::7i
Products
Co.
10,000 shares of 4 Va %
cumulative
preferred stock, third series (par $100).
Purpose, ex-,
pansion.
Placed privately with a large insurance company through Union Securities Corp.
*
-
7
MOTORS AND ACCESSORIES
Wlripple
Hill Richards
297,500 Espey Manufacturing
$100,000,000 General Motors Corp.
..
Co.;
company.
"I
Camp Sc Co.;
Co.; Fordyce
Holt,-Robbins Sc
7--;.
construction,
.7
C. Langley
Co.; Schwabacher 8s Co.;
125,000 Dishcraft,: Inc.
by Galleher & Co., Inc.
Purpose,
Sc
100,000 Devonshire Chemicals,'' Inc. 10,000 shared class 'Af stock
i
(par $1) and 20,000 shares comnmrt/ftock/(par 10c);> Pur-.
pose
working capital, etc.
Price, $10 per unit of one
/1 /*,.
,
class, A and two common shares/ / Offered by General
/
r-1 •/
stock & Bond Corp.,
7
7.
['T'7:77-77J"777-
7:,i
\
:
Telephone
(par $20)7
common
'
share.
•"
/, ; '
-y--/;;:X-' /';'
preferred stocks.
V
•
of
shares
-
Co. 8,827 shares of series E 4Vi%
stock (par $100).
Purpose, refund¬
share and div.
Offered in exchange
per
116,986
Peabody.8s Co.; Mitchum. Tullv 8s Corf
Co.; Hayden, Stone 8s Co.; Hemphill,
8s Co.; Paine,, Webber, Jack- /
son
8s Curtis; Shields 8s Co.; First California Co.; Lester /
8s CoM* Bateman, Eichler 8s Co.; 1 Estabrook 8s Co.; William
Dillon
ir :rui7; Eiseman 8s
Water
preferred
Inc.
America,
Offered by Kidder,
&
stock
:;/;- 7:-\
Price, $104
of
(par $1)1
Purpose, payment of loans, additions
betterments, working capital.
Price, $22.75 per share.
Levy 8s Williams; Harold
/'• Clement A. Evans 8s Co., Inq.;
(Inc.); Spencer Trask
company.: Price,
bankers
same
and
Lawson,
Transit Co.
Co.Hemphill,
225,000 Tidewater
5
.
8s Co.; Maynard H. Murch
Sutro Sc Co.; Weeden 8s" Co.;
C. Brown 85 Co., Inc.;
:
Pacific Co. Of Calif.;
/ / '
•
Brush, Slocumb 8s Co.; Holley, Dayton 8s Gernon; Pacific
'
'77" 1 Northwest Co.;> Scott, Horner; 8s Mason, Inc.; Henry 7
F.
Swift 8s Co.; The Wisconsin Co.; Farwell, Chapman
7 !
I - 8s Co.; Wm. P.: Harper 8s Son,. 8s. Co., and Norman W.
"
"•
.
.
MANUFACTURING
AND
120,000 shares of 5Vs% cumulative
stock
(par
$5),
Purpose,
repay
construction, working capital.
Price, $5 - per
Offered by Maxwell, Marshall 8s Co.
' R.'. Staats'
:
'
Co.;
Co.;, Frank Knowlton Sc Co.; E. M. Adams Sc Co.;
Sc Marshall; Nelson Douglass Sc Co.;; Hannaford
Kaiser & Co.; Wulff, Hansen Sc Co.; Atkinson,
share.
uXXX
Stone-
Inc.;
Noyes 8s Co.; W.
7
200,000 Tidewater; (Va.) Telephone Co, 2,000 shares of 4% cumula;
/
tive preferred
stock
(par $100).
Purpose,
refunding
($103,000), construction, etc. ($97,000).
Price, $100 per
1
-
loan,
Eastman,
:
Talbot;
; ment Co.
7^7 //
Shield 8s Co.; Shuman,
Scribner; Skall, Joseph,
stock
,,
■7
Foster
offered
7
8s
Brothers
Co.;
Co.
INDUSTRIAL
share.
convertible
'
$37,754,700
8s
8s
2,661*432 Creameries
60,000 shares of 5% cumulapreferred: stock/. (par.
$25).
Purpose,
payment of loans used in purchase of stock of con¬
stituent company.
Price, $26.50 per share.
Offered by
First California Co.; Scherck, Richter Co.; Allen Sc Co.;
Rauscher, Pierce Sc Co.; Weeden & Co.; Stewart, Scanlon
tive
for
,
Deane
♦1 ' 000 * 000 Ekco
27„000
Corp.
$10),
Purpose,: expansion.
Offered! by Florida Securities Co."
ing.
Hiram
Sc
:
/
MacCo.; John R. Schermer & Co.;
Manley & Co.; McDonald-Moore &
& Co.;" Smith, Hague & Co., and
(par
cumulative
Si
Scranton Sc Co.;
Singer,
.
& Co.; Tucker, Anthony & Co.; The Wisconsin Co.; Camp-'/
882,700 Springfield City
;
Co.;
Stix
OTHER
& Ck).; McDonald & Co.; Alex; Brown & Sons; E. W. Clark
(see foregoing).
v7
Schmidt,
Co.;
'
inc.; Bacon,
William Blair
Inc.;
and
$600,000 Clary Multiplier Corp.
7
' convertible
preferred
par).
Offered
1966.
&
4%
Central Republic Co.,
William
' 7 Co., and Chas. N. Tripp Sc Co.
■
Sons, Inc. 20-year 2%% debentures, due Nov.;
.Purpose, refund bank loans used to retire de-^
bentures ($10,067,500), increase cash
funds, etc. ($19,932,500).
Price, 100 and interest.
Offered by Smith, Barney
& Co.; Kidder, Peabody &
Co.; A. C. Allyn and Co., Inc.;,
Bacon, Whipple & Co.;- A. G. Becker & Co. Inc.; Blyth
•
of
Schermer
Sc Co.; Stillman, Maynard-. 8s
&
Webster Securities Corp^/:
Sweney, Cartwright 8s Co.; Swibs
American Corp.; Spencer Trask 8s Co.; Tucker,7Anthony
8s
Co.; Union Securities Corp.; Vietor, Common, Dann
Sc Co.; G.-H. Walker 8s Co.;
Watling, Lerchen 8s Co.r7
Webster
8s
Gibson; Weeden, 8s Co.* Inc.; Welsh. Davis
and Co.; Wertheim 8s Co.;: White. Weld Sc Co.; Whiting,;
Weeks Sc Stubbs; The Wisconsin Co.; Dean Witter 8s Co.; /
Harold E. Wood 8s Co,; Woodard-Elwood 8s Co.; Wurts,
Dulles 8s Co., and Yarnall Sc Co.
vV
'7'
/
.;■
shares
"
Shields
Hutzler;
of control
2.55%
20-year notes, due June l,i
1947-66.
Purpose, repay bank credits, cox-porate purposes.1
Sold to li insurance companies and three trustees.
"
Col,
&
Co.,
Co., Inc.;
,.
Co.
/•
150,000
R.
Co.; Smith, Barney & Co.; Smith, Moore Sc Co.;
R. Staats Co.; Starkweather 8s Co.; Stein Bros.
Boyce;'Stern
Co.;
*
1,650,000 Portland Transit Co. 220,000 shares of common stock (par
$1);
Purpose, payment of notes incurred in acquisition
& Co.;
Merrill Lynch, Pierce Fenner & Beane
Stanley & Co.; Neuhaus & Co.; Newhard, Cook
Rotan, Mosle & Moreland; Stone & Webster Se¬
curities Corp.; Stroud & Company, Inc.; Union Securities
Corp.; Watling, Lerchen & Co.; The Wisconsin Co.; Dean'
Witter & Co., and Yarnall Sc Co.
•
]
Electric
8s
share.
&
Co.;
*150,000,000 General
William
'..t
Jones Sc Co.; Blankenship, Gould Sc Blakely;
Wm. J. Collins 8s Co.;
Daugherty, Cole &
i
,
Morgan
&
•
Co.
John
,
Sc
<
Donald
**
Placed
par.
8s
Miller Sc
Inc.; Julien Collins; 8s :Co.; J. M. Dain & Co.; Dixon
Bretscher.Noonanr Inc.; Drexel & Co.; The First Boston
Corp.; Glore, Forgan & Co.; Hallgarten Sc Co.; Harriman
Ripley Sc Co.£ Inc.; Harris, Hall & Co!, Inc.;-The Illinois
Co.; Kebbon,'McCormick &v Cp.; W.: C. Langley & Co.;
McCourtney-Breckenridge & Co;; McDonald &.Co.; Merrill
Lynch, Pierce, Fenner Sc Beane; Merrill, Turben & Co.;
The Milwaukee Co!;.Mullaney, Ross & Co.; Peters, Writer
& Christensentlnc.; R. W. Pressprich■ Sc Co.; Salomon
8s,
,
Smith, Barney & Co.; Bacon, Whipple
& Co.;, A.
G.
Becker & Co., Inc.; Blyth &
Co., Inc.;
Central Republic Co.; Inc.; E. W. Clark
& Co.;
Curtiss,
House & Co.; Dillon, Read & Co., Inc.; Dixon &
Co.;1
Drexel & Co.;
Eastman, Dillon'& Co.; First of Michigan
Corp.; Glore,
Forgan & Co.; Goldman, Sachs & Co.;
Harriman Ripley & Co.,. Inc.;
Harris, Hall & Co., Inc.;
Hayden, Miller & Co.; The Illinois Co.; Janney & Co.;
Kebbon, McCormick & Co.; Kidder, Peabody.& C6:; Kuhn,
Loeb & Co.; Lee Higginson
Corp.; Lehman Brothers; Mc¬
>
,
15-year 2.35%
corporate
Service
Becker &
1,500,000 Portland
*
•
fellow; Chas. W.
/Agnew
Purpose*,
H. H. Butterfield 8s Co.
:
!
;
,
•
••
..
Public
:
Co.; A* G.
H. F,. Boynton
Crouse ;<Sc
MANUFACTURING
;
1961/
Naughton-Greenawalt iSc
Co.
15-year 3lA%
sinking fund note.
Purpose,
working capital.
Sold privately to Mutual Life Insurance
New
1,
Hutzler;
Sc Co.; E. H. Schneider and Co.; Schoellkopf, Hutv
ton 8s Pomeroy, Inc.; Schwabacher 8s Co.; Scott & String*//
/
Prudential
;* bell, McCarty & Co;, Inci; E. Hi Schneider Sc, Co.;
I
;
*$3,000,000 Buda
Co. of
•
preferred stock
Moseley & Co;; Central Republic Co.
.
j,;
,
;
;
j
.
;
1
Insurance Co.
INDUSTRIAL
and
8s
Poole
pri-
Power Co. 500,000 shares of! common stock
Purpose,, property additions.
Price, $36 per
Offered by Morgan Stanley & Co.; Blyth Sc Co.,
Inc.; Eastman, Dillon & Co.; Glore, Forgan & Co.; Merrill
,t
Lynch, 'Pierce, Fenner & Beane;. Paine, Webber, Jackson
,V ',.///:: 1 & Curtis; Smith, Barney, &. Co.; First of Michigan Corp.;
!t: r '
Watling,iLerchen Sc Co.; Hornblower &' Weeks; Laurence
:V ' /
M. Marks & Co.; Drexel & Co.; W E. Hut(on Sc Co.; F. S'.
i
Purpose, finance modernization and expan¬
manufacturing facilities.
Placed privately with
Life
/
18,000,000 Consumers
1961.
of
Metropolitan
Co.
note* due Nov.
&
Co.;
note
Rey¬
& Co.; Riter 8s Co.; The Robinson-Humphrey Co.;
E. H. Rollins Sc Sons Inc.; Wm/C. Roney 8s Co.; Rotan,
Mosle and Moreland;
L. F, Rothschild 8s Co.; Salomon
due
Stone Sc
Webster Securities
Corp.; Whiting, Weeks' Sc
Stubbs; The Wisconsin Co., and Woodard-Elwood & Co. i
•
fund
Co/;
Inc.;
Co;;
nolds
s,
par
,(14,568)
Co.;
297,000 Florida
sinking
R.
■
(par $100).
Purpose, refund-:
ing.
Price, $100 per share and div.
Offered in
exchange for $6 . and- 6% preferred stocks. 'Unexchanged
Bros.
MOTORS AND ACCESSORIES
Corp." 3V&%
Insurance
Sc
Price,
..
debentures,
purposes.
Placed
corporate
Whipple &
Corp.;
.
fund
PUBLIC UTILITIES
Illinois
y shares
V
;
sinking
Life
3(4%
stated
a
.
$125,000,000
Motors
Purpose,
Mutual
i' V } 1
Smith*
■/
,
Peters, Writer Sc Christensen, Inc.; Phelps, Fenn 8s
Piper, Jaffray Sc Hopwood; Wm. E. Pollock 8s Co.,
W. Pressprich 8s Co.;- Putnam /8s Co.; Quail Sc
Rauscher,
Pierce
8s
Co.;
Reinholdt
8s
Gardner;
1
of no
cumulative
Steel
*$5,000,000 Continental
15-year
Brothers
$15,000,000 Central
Co.;
Loeb & Co.
Co.;
Bros.
3V4%
1961.
of
stocks
V
:
Nov.
Kuhn,
.,
1
1
■
Co.
1st mortgage 2.65%
bonds, series G,
1, 1976.
Purpose, refunding ($22,157,000)* ex-^
penditures, etc.; ($27;843,000)i
Price,; 100 and interest. |
Placed privately with eight insurance
companies through'
,
W.
Roger
Inc.
value are taken at par, while pre¬
par value and all classes of common stock are
computed at their offering prices.)
;
//'//'/'.
Co.
due
to
amount
by
Stocks
ferred
& Co.;
*50,000,000 Inland
1,
(Preferred stocks
Harold
Boston
W.
Stroud
Inc.;
($12,538,660).
First
Unsubscribed
$5,050,000
mortgage sinking fund
Purpose, refunding ($12,-1
The
value.
bank loans, working capital.
Price,
privately through Hemphill, Noyes & Co.
1st
by
face
,
;;/'■
v
.
Co.;
Kuhn,
Inc.;
A. E. Masten 8s- Co;; McDonald 8s Co.}
Lynch, Pierce,: Fenner 8s Beane;'Merrill, Turbep
Metropolitan St. Louis Co.; The Milwaukee Co,;/ "
Mitchum, Tully Sc Co.* Moore, Leonard Sc Lynch ; F. S. ■/
Moseley 8s
Co.;
Mullaney,, Ross . & Co.; Maynar<f-^Hi -.7.-1
Murch 8s Co.; Nashville Securities Co.; Neuhaus 8s Co.;
W. H. Newbold's Sons 8s Co.; Newliard, Cook 8s Co.; The
-f.Ohio Co.;
Pacific Co. of California; Pacific Northwest
Co.;
Paine, Webber, Jackson 8s Curtis; Parrish 8s Co.;
Insurance Co. of America through Wertheim & Co.
!
'
Hemphill, Noyes Sc Co.; Laurence M, Marks I
& Co.; Watling, Lerchen & Co;; First
of.Michigan Corp.;'
Moore, Leonard Sc Lynch; Singer, Deane & Scribner ; The
Ohio Company; Hayden, Miller & Co., and
Merrill, Turben
Sc
Co.
*1,250,000 Wilson
j
refund
Barney & Co.; Blyth & Co.,
Eastman, I Dillon Sc Co.; Goldman,
Sachs Sc Co.; Halsey, Stuart Sc Co., Inc.; Harriman
Ripley
& Co.,
Inc.; Kidder, Peabody & Co.; W. C. ^ngley &,
Co.; Lehman Brothers; Stone Sc- Webster Securities Corp.; >
Bacon, Whipple & Co.; Harris, Hall Sc Co.: (Inc.); Hayden,
Drexel
Inc.;
/
,.v;'
interest.•-
Loeb
Kuhn,
"
.
America
3Yb%
series, due 1966.
461,340), construction, additions,
-
;,
of
&
i
|'/'y^
vatelyi with
*
<
& Co., Inc.;. Swiss American
Corp.; Spencer Trask & Co.;
Tucker, Anthony & Co.; Union Securities Corp.; G. H.
Walker & Co.;
White, Weld & Co.; Whiting, Weeks &
/
_
of Lincoln,. Nebraska;
Co.
.
Dec.
Bros.
Pomeroy,
Co.!
Hagan,
••' Sc
.
.
.
Rotain,, Mosle
Salomon
1
,
.
Starkweather. & Co.; Stein Bros. Sc Boyce, Stern
Brothers Sc Co.;. Stone & Webster Securities
Corp.; Stroud
'
i
Rollins
Co.;
Kidder, Peabody >8s Co.; Kirkpatrick-Pettis!
Loeb Sc Co.; Laird 8s Co.; Laird, Bissell 8s
C.
Langley 8s Co.; Lazard Freres 8s Co.;
Lee Higginson Corp.; Lehman Brothers; Carl M. Loeb,
Rhoades 8s Co.; MacKubin, Legg 8s Co.; MacNaughton- '/
Greenewalt 8s Co.; Laurence M. Marks 8s Co.; Mason- 7
'
ETC.
,
Co.;
:" I
$100
per
Maynard
Moreland; L. F. Rothschild &
Hutzler;
Schoellkopf,
Hutton
|
;;;y;/>
MISCELLANEOUS
'.//,
*$500,000 Kansas City Wholesale Grocery Co.. 35/a% sinking fund
debentures, due Sept. 1, 1961.v Purpose, corporate pur/
poses.
Placed favorably with an, institution through The
First Boston Corp.
"•/• f.r
,
Schwabacher & Co.;
Scott
&
Stringfellow; Chas. W.
Scranton & Co.; Shields Sc Co.i I. M. Simon &
Co.; Singer,
Deane Sc Scribner; Smith, Moore 8c Co.; Willian R. Staats
/.
/'
$27.50
*3,300,000 Schiff
H. Murch & Co.; W. H.
Newbold's Son &
Newhard, Cook 8c Co.; The Ohio
Co.;
Pacific Northwest Co.; Paine, Webber, Jackson &
Curtis; Phelps, Fenn Sc Co.; Piper, Jaffray & Hopwood;
R.
W.
Pressprich & Co.; Putnam & Co.; Reinholdt &
Gardner; Reynolds <5c Co.; Riter & Co.; The Robinson-
-
BUILDINGS,
taken at $26.50 per $100 face amount
Babson and Business Statistics
Organization,
Mason-Hagan, Inc.; A. E. Masten & Co.;
8c
Sc
Dain 8s
Sc
Co.; The Illinois Co.; Indianapolis Bond and
Corp.; Janney 8s Co.; Johnson, Lane, Space and
Inc.; Johnston, Lemon 8s Co.;* Kalman 8s Co., Inc.;
Kean, Taylor 8s Co.; Kebbon, McCormick 8s Co.; A. Mjr
Meeds;
Street
be
Co.;
..
Mullaney,
M.
Sachs
Kidder 8s
Exchange second mortgage non-cumulative
contingent interest bonds, due July 1,
1961.
Purpose,
;discharge of existing mortgages. ' Offered to stockholders
••
.
& Co.; Merrill Lynch, Pierce, Fenner 8c
Beane;
Merrill, Turben 8c Co.; The Milwaukee Co.; Moore, Leonard
& Lynch; Morgan Stanley & Co,; F. 8.
Moseley & Co.;
•
jr.
po;; Clement A. Evans 8s Co. Inc.; Fahey, Clark
Trust
Co,;
/
$1,000,000 State
McDonald
,
House 8s Co.;
R. L.
Co.;
Merrill
Co.;
M. Marks & Co,;
8s
,
Co.,
-v
$328,500,000
Laird, Bissell & Meeds; W. C. Langley
& Co.; Lazard Freres & Co.; Lee Higginson Corp.; Carl
; ' M. Loeb, Rhoades 8c Co.; Mackubin, Legg 8c Co.; Laurence
:
,
&
BarljPUr
Share
1
-
Graham, Parsons & Co.; Granbery, Marache 8s Lord; Grubbs, Scott & Co.; Hallgarten
& Co.; Harriman Ripley & Co., Inc.; Harris, Hall & Co.
(Inc.); Hawley, Shepard & Co.; Hayden, Miller 8s. Co.;
Hayden, Stone & Co.; Hemphill, Noyes & Co.; Henry'
Herrman & Co.; J. J, B. Hilliard &
Son; Hornblower &
Thalmann
Bramhall,
Hutton
3Vn% loan.
Purpose, working capital,
privately with Mutual Life Insurance Co;
York.
y.
(2l/2-3%%) debentures, due Oct. 1
Purpose, redemption of bank indebtedness ($600,V
000), working funds1 ($2,400,000).
Priced to yield 2.35%
;
to 3.50% according to maturity. Offered by Halsey, Stuart
'' •' &c CO. Inc.; Harris, Hall Sc- Co. (Inc.); Otis & Co.; Mul¬
laney, Ross & po.; Mason, Moran & Co.,' and Thomas &
Co,
X'1'
'• *
'
'
-
;
Weeks; W. E. Hutton & Co.; The Illinois Co.; Janney &
Co.; Johnston, Lemon & Co.; Kalman & Co., Inc.; Kebbon,
&
Co.; Kidder, Peabody & Co.; Ladenburg,
v
•
.
/
1952-66.
r
"
McCormick
'.
!
15-year
Placed'
New
I
.
'
3,000,000 Weatherhead Co. serial
&
Co.
Inc.; Blair & Co., 'Inc.;
William Blair 8c Co.; Blyth &
Co., Inc.; H. F. Boynton
& Co., Inc.; Alex. Brown & Sons.? Butcher/8s
Sherrerd;
H. M. Byllesby and Co., Inc.; Central
Republic Co. (Inc.);/
Clark, Dodge & Co.; E. W. Clark & Co.; Coffin & Burr,
Inc.; Julien Collins & Co.; Courts Sc Co.; Curtiss, House
& Co.;
J. M. Dain & Co.; R, L.' Day & Co.; Dick &
Goldman,
the United States.
Co.
etc.
Merle-Smith; Dillon, Read & Co. Inc.; Dominick & Dominick; Drexel & Co.? Eastman, Dillon & Co.; Elkins, Morris
& Co.; Elworthy & Co.;
Emanuel, Deetjen & Co.; Equitable
Securities Corp.;. Estabrook & Co.;
Fahey, Clark 8c Co.;
Farwell, Chapman 8s Co.; Fauset, Steele & Co.; The First
Boston Corp.; The First Cleveland
Corp.; First of Michigan
Corp.; Glore, Forgan & Co.; Glover & MacGregor, Inc.;
'
■
&
Harden;
Society of
'
•
*1,250,000 Silex
Richard
Davis
Goldman,
'
,
Bethlehem Steel Corp. consolidated
mortgage 30-year sink¬
I
,
.
' 7,
Inc.;
Sons,'' Butcher Sc Sherrerd;
E. W. Clark 8s C04 Clark,
W»<-Clarke Corp.; Coffin 8s Burr,
fke 7
Folger, Nolan inc.;
8s Co,; Goodbody 8s Co.; Graham, Parsons
8s Co.; Grant-Brownell 8sVCo.;
Green, Ellis SetAnderson; Hallgarten 8s Co.; Harriman Ripley 8s Co., Inc.,; 7
Harris, Hall 8s Co.: (Inc.); Hawley;, Shepard and Co.;
Hayden* Miller! 8s Co.; Hayden* Stone Sc Co.; Hemphill,
Noyes 8s Co.; Henry Herrman 8s Co.; J. J. B. Hilliard
8s
Son; Hirsch
8s Co.; Hornblower
Sc
Weeks;, W.1 E/' /
First
;
mortgage loan.
and provide for expan-
.
STEEL,
Co.,
&
(Inc.);
8siCo."; Curtiss;
H.
brook 8s
,
IRON,
8s ,Co.;
Co.
8p Cb.; F$uset,; Steele 8s Co.; tferris 8c Co., Inc.; Field/
Richards 8s I Co. ; Thd First:Boston Corp.; First California
Co.; First' of Michigan' Corp.f lFirst Southwest Co.;'
'X
/ »..a
$29,042,000
Boynton>8s
Day 8s Co.; Dick 8s Merle- '
Smith; R. S. Dickson 8s Co., Inc.; Dillon,- Read 8c Co.7
Ihc.; Dominick & Dominick;: Drexel 8s Co.; Francis I.
duPont Sc Co'.;, Eastman,. Dillon Sc
Co.; Elkirqa* Morris
8c Co.; Elworthy 8s
Co.;i-Equitable Securities Corp.; Esta¬
.
15-year
r
F.
Republic
Crouse
b-Paul
j
.
H.
Dodge
Pladed
par.
Go., Inc. ; Alex, Brown
i ;Inq.; Julian; CoJIins 8s/Co.;i Cooley 8s Co.; Courts
Purpose, to pay short-term debt
;
.• .* -sion.t, Sold
privately.to Mutual Life Insurance Co.
/, ~; .
*60,000,000 (R. J.) Reynolds Tobacco Co. 2%% loan, due semi-annu•
i <
ally 1950-66.
Purposej pay-short-term loan and working
'
capital. ; Pladed privately'with Equitable Life Assurance
,
:
k
iPurppse,- expansion'. 1 Price;
Co.;
®
Central
j f > "privately; with five insurance companies... i.
/ /' «
f20,000,000; Nash-Kelvinator Corp. 3% 116-yeft? loan/ /Purpose, working
i . + i l i i capital, expansion.) Placed privately: with Prudential In-
|
,
'
Stone
n«,
.
t'j'i
•.
14,000,000 Safe Harbori Water Power Corp.! 1st mortgage bonds, 3%
series duel 1981jv> Purpose, refunding;
Price, i 106.76 ! and
interest.; pffejed by .The; First Boston jbprp.|ahp payden,
.
Sc
Fenner Sc Beane;
i
•
■
pf; properties, 7 Pl&ced privately ryith
Insurance Co. T ' v !
'•■"!■ !
western Mutual' Life
\
A
to
Sold' privately
refunding.
; s*
.,
)
.
Co.;
}• 77
insurance companies.
*6,500,000 Laclede
•"
[ feJ
1978. ;
•4,942,000 Gulf Public
,
Higginson Corp.; McDonald Sc Co.; Merrill Lynch* Pierce,
Newhard; Cook & Co.; Pacific Northwest
Paine, Webber), Jackson & Curtis; Piper, Jaffray &
fif<>
*<
Hopwop^; Putnam iSi |Cp.4 >RAuscher, pierce Sc*Qo. Inc.;
1 "1
Repnolds & CP.'} Chas.; VjT. 'Sbrahtpn ;& Cq.;' Shields Sc Co.;
J
i
Stonq & Webster Securities Corp.; Stroud Sc Co., Inc.;
|
Spencer: Trask j'Sc* Co l Uniibn Securities i Corp.; - G, H.
A -/
/Walker; Sc Co.; Watling, Lerchen Sf Co.; ^hite, Weld &1
/,.,Go.; The-Wisconsin"Co., and Yarnall Sc Co.'
'/
*30,000,000. Monqanto Chemical tCo./ 25Tyear 2.65%
debentures, due
Central
due
,
,5» 4
■
.i
WW:
.
r;
.
«
O
0
£
O
1
r
>
M
o
>
cn
+-»
fip
>
w
a
w
o
w
o
&
ST
ss
i-i
-OO
H4
t—t
r
§
t-1
B.
n
CL
j
<T>
-r
4*
CO
'./it
to
VO
y
.
' - 2,0 ,0 ~459~876
17,50
f*
Total
47 5076 50 ,0 0 12,50 0
17,50^ 0
C6*5 O76 O
13,70
$
20, 9876 62,45,0 17,0630 9.871, 9
Total
2/0 /0
9 ,0 0
360^876
2,0 ,0
459,876
9 ,0 0
5,1 0;876 50 , 0 14,50 0
\
9*526,
20,;9875
.1,0 50 , 0 ^so. o
9 ,0 6,79,0
v
-7942-
360,876
Refundi g$ 13,70
13,50876 45,20 9,7 1,6 0 68,42 86.
-
-1942
-:
Refundi g
97526706
.
^
'36;0-,87;
.T
•*.
6, 79,0
17,250 7,24,693
New V-- 14,950 _ 42,3714_5 35,617,3,6
Capitl 4,58 2,0 9,0
190,8421 129,570 36,854360
58,26718 1;59*4,375
69,81543 106,72 0 15,4 30
$
-1043
——f
Refundig
Capital 86, 283 30/72*70 3,617,36
New
2,850 21,406
318,6 0 3^52*30 /12,753 4
$
"•
-
-v
Capit l $ 2,05 0
New
7,
'*
$
Refundi g • 59,640 i T^sa 7,25 47 20, 0
-1945 J
;v
1,594375 15,0 0 35,10320 13,78648 3,6750 2,96,875
69,81543
127,408.
4760,125 7* 50,6■6 34, 9 06
29/36,781
2,0 5,0 60 ,0 0
'
13,45613
.v
4,750312
:.
52,60 0 247,9310 4,0,0 13,750
$
Total
.
1,920 46,278 4 52,60. 0 265,81 60 4,0,0
26,48124
17,8560
.
-194
318,60
Refundi g $ 49,0 .0 24,6810 3,40 9,315087
v
1
,
Capit l $i 3/60,0 3,250 1,0 0
New
12,84913
».
V,
1,605, 65 7449,8 698 20, 0 47,3 1290 486.189 2,740 1,4 0.594 7 ,81 06
1:,0 —L_-
$20, 850, 2,740 49750^6 IQ,24O~6 M*27~67"~'
4RT"ef■oun.tdai1gl
17,542 0
'
r
1,9 2,0
1,805, 65
-
14,2803
418",4'1v290 48/";•6,1>89 >-1.■40,59 27,86'10
*' 20, •0■'. 2,350•. . 30;57*;4;•.p0Q I6724~6•^
•\
3,60 0 4,250, 0 1,0 .0 15,80374
1,9 2,0
It,368 34
/
K
I
-1945 £*$
12,0378
.31,980 49,0 0 261,5 60 3,40,0 2/4, 749
16,8560 15, 2410
306,987
4, 34,913
;
~17,9172576;56- 364,9584
40,231
;i
4,0 ,0
87,980, 0 30,548* 419,25,814 20, 0, 0
v-"~7506 190,8421
—■
•
43,019642
••
3,675,0 6,50 , 0
r
/:
86, 283
,
V
30 ,20 8,94,30 2r~96875
58,26718
84,057832
*7567 6 *'■ - 45,9281" 17,025 0 35,703/20
*/
'•
FiVT316;068/21*78'2^,6,2534,149098-57740 "—_>—-/13/'3,.950•71946042 V2510,7,,:8396-•8/FG'teomahvaudngircfnrpomldesl.y. TMONFYHVEIAREBRS
FLGFATMOI"NOVNUAERFHYNVCMEIRPDGABTR,S
New
60 ,0 0
'
6750~o",6e
30 ,20 38,9l76
14,950.
13,50876'
-
/
Refundi g 15,0 0 34,80 0 4,792,168 3765,6
•
Capit l • 12,84913 2^807*50'1,473 4
r^,2-0 /0
4,"61786
.
i
9 ,0 0 9 ,0 0
;_7—
-2,O0U
17,025 0 35,40 0 8,50 3765,6
r
42,9057
:
Total
;
'-
'
$
—1943-
49,51 0 71,4539 485/920,39
Refundi g 306,9 087 30/71*80 1,280,210
$
1"39512;7,,00258864439
4,580, 0
.
$
Total
.165,2978
Total
New
•
8
-194
Capital $*.
$
Total
1, 0 , 0 50 ,0 0 2,980, 0
736 ,876
J.-—
7"T7
-
-
407 427
*236,859470;'•vT-./.:
'435,0 10';t24,.10,24 177,3'*>.403A5.506 "6~106^v7,:8-2.,/40l^5917—7';f,v:•-.f.\
$, 29,04 125,06 'V1392,83',75060 1,0 521882;3",,1•166,0400'//
2,8 15,8620
1/381,/6>,4'.16640,08072; 7''1'8,_6-r20;—i-'3/7*7,.439902•"9,70 3]142568,106810 7'*:1iio;54-7o6j!s,9/23,47686,89201.32/ 1,0 86.;,315940
GONARENUPFWID
FOCORPEFIGANT,
NOVEMBR •.boannodtesds stock- stock boannodtedss ist;ock_.„ '1 boannodtess _. stck.Comnstck-. >/"589c,orp7^ate—42 grovernm-.__t.^;Gavcies,-JM&u6m9c,i4p8al—t3S0tes,, i't65o_9,34a0.l2 NOVEMB.R BNootaensn—ddsi:.._ ;buildn.egtc_s, tthrroaeulddsticinng.g,,J_;,J. /_ sectetco.™lp/v_cLp—ear,/ acesori-.™ :__/J 1**r-•.'"•
mu_J tiles— cceoppal,,anufctres. acesori™^—indamuansutfrctrilg. tmeitlcd.-^hug*—s,;' .■_! throuetmc,1s-triandg,M,iscelanou_s:/ securit.
fdIfiSgnuoctubalordeinessteds/y LutilUes—: «cctc—oo_paielr,,!manufcts., eori—induamasnuftcrtrig—l L—.» SBNhoorato-nTetdems u;tile_si manufctres indaust-'mranufctlrig. J^ande/buitTcgs thtrruoaefsddtiincn,gg.,, ut:iles- cecoopal,,/m.anuf_ctres :oi-indmauansuftrctrilg— bueiltdcn—gs,1I_ thtrrouaeldsdtiincngg.,,,Mi:celanous>
\1:2,98•40 183467 20,398. 7";>30,95142
CISTSOURNPAHIEAED
New
•
-
Total
V
7.
*
'
n,—'
v-.: 512, 0 17,50*7 46,573982
s.
-r
-1946
Ref-undi g 67,2 840
•.
Capit l 4 ,8160 1'4,68210 30,7;148.2
New
SUM ARY
OF Domestic— Long-termShort:-em Com on Long-term Sho;rt-emPref red Comstocokn. foreign— Short-em. pref red
Corp ate-—, Pref d Candi —
Long-term
MONTH
Other
i
.
:•
"
J
•*
■
;
Total
"
foreign Loan- d Grand *1 68
Other Farm
/ ;'/■
.V/
'•;•
New
18,520 5,0 0,
'-
*
5/0 ,0
/
?
OF Long-Term
MONTH
Railrods Puhlic Irsoten,l,Equipment Maotnrds Other la nd. _; Ship—ngInvestmn Miscelanous
Rub er
^15,9870
4 ,84160
.21,7690 10, 0 17,34 782 7-2~95;86O
•Total R/ialroads
—
'
-
•;
i
-
.
"
\
•
.5,9840
V,1/925,;80
71,634 0, 67/:,193682 .vrV'-c
:';
'
V;67,2840
.
v
■''»
.
-■» •
Capit l "S-:- 18,520 7,10,0 90,38160 5,^0* 318,4250
New
37,54705 10,:0
-4.~T 20,47182 7.2*9576
570*6/
.
Refundi.g J-" H,21942•0 34,618;340 10,6750 1,0;,0
'
1,405-9 273,6./ *7'7'•z/ 7/1',;/056
■'
/
-1946
* 92 ,09 436,189;
20 ,0 0
,
Total
CHAR TE
$
/Ca;pital $•" •. 6,50^5op 2~7*4OI56
i
'■
//
;
-.:
And
Motors
Publi.c /Equipment /.>Other
^Iron,
:
/
-
,
.
2,702,40
,'inveftrm Miscelan-ous Stoc'ks— Railr■oadsPublic Irsotenl,/Equipment Moatnrds Other Land,^Ruber Ship_n—g .-Investm
'
'
-
-
-;
''
Z
.
1
:
*,
//
.;
/'
,. .
jm-;
1,034 0
Rai'lrods Public Irsoten,l, 'Other Land,.
/;. •/-.
"Total;-crp te
_— InyeStmn
Rub•e.r
r-
'•
-
.
58;9,7,42
;
Total' Total—: Equipment Moatnords
;
i
/
415,39582 18,5•20 *28,690 90,381^60 710576 , 6 3/5,7 28. 2/95,80 .
5,984,0
./
3,50
\i50o*,■»o.;
Capit l 28,3160 19,38*604 12,07 6
>
-'
.
'/■•^
:
:
"
* jt
-•
7'
t
i
•
to
-CW
421,875
To'tal 834,5130 4,20,0 10,5846 16,84263
9"
'
421,875
Capit l 490,18406 3,20,0 102,5784 13,78917
New
T'otal 8:'* .. 763,890 38.0 ,0 125,43 98 36,02781
.
-
20,5
Refundi gs 510,84 571 15,0 0 71,950 35 3,568. 0 18,0 0
1943-
*
;
2,0 ,0 2, 0 , 0
40 ,0 0
1,0 ,0
1,0 ,0
3^763,70
Capit l 29,10 19,5820 2,50,0 3,:0 0 207,69*1360V.18,37450 2,015,0 " 95,0 6 '17,80 6
2,0 ,0 1,20 , 0
3,20 , 0
3,48196 s 59,743 05 1,0 ,0 2,53 , 20 6,02 ,875 16^781,956 29,10 153,0 16 2,50,0 3,0 ,0 269*435,1 124,57 0 2,015,0 *95*0 0 2,53 , 20 23,80 75 610.6,016
983,50289 90, 0 573 *0, 417,85147
Refundig 34,167290 1,0 ,0 7,587,524 3,05 46
•
Refundi g 15,4 850 247,6980 2,0,0 5,483640 19,25 0 3,4 2,50
4,6580 40,3 6 4.70, - 3.0 , 0 327 *96,05 145,0 5,4 7,50 95,0 2,53 , 20 28, 0875
36,78 0 4,70,0 3,0 0 263,175^0 128,30 5,47,50 *7*95,0 0 18720 0
610, 61 91,06 0 3 ,085 2
• •.
$
-
Total
35,8026 406,2150 172, 5497
7
-1942
-
965,7426, 497,250 50,3129
Tot■al
$ 4 ,645,8 0
•.
4,20 , 0
•
$
.
~~
*
New
127,496
2,87 ,270
965,742
4, 0 , 0
4,0 ,0 10,64 970 15,4 850 251,03 50 2, 0 , 0 58,36091 20,9 5 0 3,4 2,50
35,8026
~~
V
FFOIVRE
9,73,0
7 6*76
37,0 0 .
38,0 0 17,280 1,07,54 132760,276 6798,795 47250,6 16,43.859 148,39 0 327,051 14,267 54 520, 0 42,059210 17,0 0 10,8960 9,018,795 14,03 0 983,50289
-91,20 294,07 0 10,6 0 12,•8571 I4I6,Y 76 ?i7*936
YEARS
$
^
50 ,0 0
15,0 0
15,0 ,1478320 5764,73
520, 0
148,39 0 309,870 13,250 275Q*O76 17,0 0 10,8960 2,05,0
;
NOV/3Q
619,8726 90, 0 4937l86,0Q 251,68091
37,2456 62, 3,065 15,0 0 2,53 , 20 10,2 875,
:
572*96*,875 7 3 2,347 75,1875 91, 20 309,413720 10, 0 '"
V
:
■
•
■-
193,7 4 10746,0 2,96,875 '"" - 3,125347 619,8726
.
"
-
12,140,9563473688570 L22,054978,346719.'109306,7158206
1,96501289,8,4707,4•26>413.59
FGOFLMOARVFUTEEIENRLIANOGHCMNDVPRTG,
i82•6t-.NewCapil ;.T,458790.31,57049 notes—; ; ,5917V384.1547ik—';XkL-_l,X^L-:"20,X:1?98264551.V33~9-v747"6.50;0, o3l_1I9—<18•28526■'{bSoftamrtFuayonnehTiciygen-dpdmac.sblElIiegrdusymaoMpQ7NB;a,unUJiSteobd.Aiw,cb:.wsk4,<.\ GtoNCRIHOStOUfseREUPhNoPaWrEfAvTBn1;:"7'79-Vu•41.69—-;l94.4^5K, e7o,_i—; ";:.v—■':•4-35,07 61,0. —17,29•4>*.63'-:208,4563.7•,80932741,^5.86341,2 ;'-4t.=59621,0386014?*6.4"—_3853215,02?3,79,7478054619621-864023,035.129757';—_-—k—4i_63,89^985?5221,7,49864,05610'223,7309*866.4510748
Capit l '25,94029 32,50 0 53,48593 2,45;91. 2,560
Refundig
36; 5,73 80,140 16, 416
New
•i-
1057,281 5,08 0 3,250, 6 -520, 15793*1,429 '17,0 0 15-0, 0 ?;0, 5 ,o Q; ■ 'T. 8,0 ,0
NCaep•itwl 12v,30 - 390,87*56
570, -0 1,2439;6,0
'
:
•
.
.
50 ,0 0
:
.Total 8.v-"• 2,46 87,0 12,750 409,58 640 95,8 45
'"
,
*-
59,260 '7!—t«
-1
-
•*
■
—,1-
,
:-
Total
7—. 3,04 94 t21.035; 4067*5,0 65,14.37 21,70
'
:
i
.
7
,
'.
"•
176 1*,920 2791 ,653
2738*.0 ;47«97*54,
85,94 14 57,2810 17,89 30, 4,267,54 520, 0 248, 586 17,0 0 150, 0 6,721,920 10,917,653 36,35 73
;
;
:
•
2 0, 0 85,70 0 2,51 0 1,560, 0 8,275,0
12,750 12,"il3~•582 1,987,50 295^83,64 10,3890 45,0 0 9,823,5.40 50,46 094 580,7 0 124,8750 2 0, 0 68,713684 95,83 90 46,5(^0 9,823.540 108,3 '
20,563.8 1,36825 2,510
10, 0, 0 750, 0 •*—B 2,0 ,0 6
Y
:
;
.
f.:
:
I
1,0 7, 54
2,50 0
;
3-mENOo'Dnths—1943 48.1-,65729Q0
MENF3OYDITVA0HRS.S ji,MPB^rUSuevtaaiwcf7s:k.dV-;■
7
*«■
2760 6
'
3,04 ,094
j-.
27,85 397 9,64,028 *38,250
^1941
?T-
f2,0546931;0,7.560 t\
2,39 1789 f2LI03,5 V\- 39176*5,0 389,754 7,490, 0
—U-_
Rejfu.ndig -41.s0,639< . O - ,5
*.
g-tCapil.'*1 *
2,0 0 13,72 43 85,92146 '21,0 0
"
S
New
•
VK:.
?
4",,..
652,0483 . 1478*20, 215,39862*1^,20
>:
r
-'•->I
•};
•
v
•
-
^
;
4,25860? 46,0,0X'96,301567
77Total 23,846 /'">45,0 0
^
r-.,
:s->j
-'
4,0 6,0 574 2*50
-1—r-
7
3,50Q,0
4 .50Q. 0Q50,61958 48, 9.75 45,0 0
1■9;—43CRae-pfuitnadlig\•.493,29,00714546 415,6897 184,3593
;
50 ,0 0
1,90 , 0
574 2,50
New
'
,
,1028654
-
.-•■$
■.
:
X72,1086906,=9;4445,338,137877601?;
i;NVe■w
Total
.
T/o-jtal'.;$*■t^--.,2,31670946,31 38,12-50!418,3,50277924480899,31,02296
$-■
-
■!
-
CORPATE,
SOUM AFRY
.
|
;
'
2,740,9 0
10,382*06
16457
;
50,*
Refundi g 1,34026.5 197,Q03 28,631 24 153,80 76 20,590 26,597.20 4,32765 38,5 46
$-' 1,92 4 ,752
'
87,9450Q 46,8 03 10,48750. 2 0, 0 378,215 52.7L53 1,*50^ 0 9,823*540 64,39 13
;
$
•
New
7
80,30
1,50 0
'
:
.
- 592, 50
-
;
.
'
7,841,0
,
1:4765~o92a 235760-24.0 1,4376,80 2173,5984 214,27 1 2,740 3,65 941,5491,82 305,689452 31,90 49,850926 10,3*820 321,5 240
1
.
V
80,30
4,50 0 132,68430 6,534,0 2. "*237,50 28,392 4 61,4 905 6750*6, 1037 438
3,9786415
'
/'•
,
'
492,0X-7.
7'
;
.1
Capit l •790,38 306,4106 109,860 14275*06 589,13602 72,831573 7,250 40,9 450 6,*90,60 92,1 873 1,458790. 4
j
$
LSQO. 1,90,0 24782014 3,218,269 3079864 371.54L76 34,8754 8*3517,026 1327 o~0,857
1
2,50 , 0
RTefun*odig-ta.=lx -'i .1.'"6■8i2,70 1-94460,1525,:.j0679v9",r210643 184,9570' 516,7042- 5,3;90 50, 0 9*23,6r i27,839627 2,3469,36 ;•
'i
t:
-
:
4,0 0
40 ,0 0
142,50 '74,2180 589,60 12,6340 41, 450 16,326 19,6250 3,80517,0
1946
'
46, 0 , 0 157,40 4 9,752, 71 30.65794 659,34708 96,289452
4
Capit l -•7 10,80 50,79^,2487,4.130 2,740, 0 3,0 ,0 21,9546 5,19214 1,461,0 8,490,280 6,05*65 45,69153.6
;•
;
.
v
"
'
":
.r
:
:.
•
4
*90 ,0 0
492,850 ,3201465 13,80 310,49612 43,06714 2,510 45,0 0 4, 1975
•
•
:.
:■*
'
7,50 , 0 *" 10 ,50
126,950 p —
678f6,375
23,167&2 1,98750 158,7294 10,390 9,823540 13,74513
2,0 0
I-
:
■3
— R*e-fundi g. 3?.,1 4,0
10,75 0. 98,96701 137,TO97;40 45,0670
.
Capitl 1.4306.51,97248,0204,750 3,0 049,57^120209,.0 21,960 35,06 84,0560 T5k0-,-'044,0•0 "1£:o7b7!76*1V-,.v40f,;
;
f
1946-
;
187,9450 '23,469358 ,50 0 20, 0 2174*8 62 42,63 853 i,5o67 6o 5076*49 0
7 942,50
136,950 "*90 , 0 7,50 0
10, 0, 0 750, 0
'•
4,62. 510 47,9 0 657285,0 321,0410 5,648 7,10
-
——
5,72 3,5 '•14>7,9 .0 683,10 712,96829 5,0 .0
'
;;
Refundi g 482, 50 13,80 173,86972 4134.Q767* 2,51 0 37,625 0.
$7'. 1,20496'
-194
/••:I;
50 ,0 0
35,12 0 38,1250 415,389 5 26,5962 2097658 0 846, 8 17 38,549 3 6,798,30 12,047 30 1,34,751 12, 5.31 349,7284
50,0 0
2,*064*6
2,1 4,0
307,6 1 5,625,0 "*8127 16 21,6 270 10,9750 5,7*1976 2,69725 31,6 23
r
;v
•;
.
'V
436,0 0
'5
5712,3,458'9633
50 ,60
New
•
I
,
:
;
CAHRNTDE ^
7EN3OD•0V., ~■ boannontdesd.s—Yk''mrpot-_fhS^;,1"stock-_—.4-Isto1c_k*.,; >•*";r--•aT.V,';*bX"om?rr;aTn/-ed^gst •':.Sbort-l»m,!~'Pre■fs!tock--d 8tocks-l_^i fo'rei'■g.n*—<:.tLbpnogann-otdeesrs.m-—, '—-r stock—1■X p_—k k-c—orpateL. L'■\?_.QbTernmtX—f>tovenima^--.Goag•vnc,td_,k.'MAunicpial—eSts,Fose4n_.l-— fdifinguncurlorodeetssPr<op?ybinli£cffagts..qn$ 3NMEOOND0TYH.S 'NBootaens—ds _,FubhPyis?.^v pect)co_ow-a—elr,,,Equmhnf."acesori—indmaunufsnttrgdl buildngs, __7?:—-;thtrroaeulddtsiicnng.,, _ BNooanteds-s _/utiles.;—- ccetco.—op_ae;lr,,manufs-4acesoriinduamsanuntfrctidrigl- ';2?_-.buildngsi,-etc —-trthruoaelsddtciinn.,gg,, _ ! v'-•* i_._ -Uties_^.4,cceooptal,r,ma:nu•f a'c-esr,i^.indaumsannturfidc—tlrig' bueiltdc.—ng4„s,i_ ——t4t_rthuroasulddfic,inn-gg.,, •. utiles—:cceooptat.r,m1inuf acesori—Iindaumasnnutfrcdtrlig—. ——bueildtcn.gs,- —ttrhruaodseldintincg,g,., — csoerpcuraitte
; NE3NOD0EYD, .
j
;
£
-Com on
'•
!
V
Snort-em?refred omon r>i;'.^Total CandianOtherVfoignLoan Staes Grand •These .Ifncl^des,
Other
_r_.
;;
V'J
1
'
.
-
1
lVm
.;
United
'X;
,
T^Ji
/Long-TermRailroads ste l and
Iron, Motors Other
.
...
Short-Tem.
Ship inginvestm nt Miscelanous Railroads.public; ste l,Equipment Moatonrsd, Land," 4/'lu—b er Ship inginvestm nt Miscelanous Total Stocks— Railroads PwfeUn ste l,EquipmentMaotnodrs.; Rub e—r. Ship ingCnvestm n .Miscelanou Railro ds-— ste l,Equipment and — Rub er ^hip ingtpvestm n ^Miscelanous
j^an^
Land,
•*
Total
Total—
.'-
MONTHSCot-praew— Domestic— iLpng-ferm Pref d Canid1an
v'ComipBn
it
■rX
iron,,
Other
Iron,
f/:
1'-
Other _:—
Qil
Public Iron, Motors Other k, Land,
Oil
•
:
'i
Total
Monday,
CHRONICLE
THE:COMMl?RCIAiL ^
iiuii&rsryi
•land,
(Continued from page 3285) ;.
^ i^r :
;
•
...
.
;
:
.
,
stock units,
stock
...
workingcapital, etc.
($1,560,100).
Price,
$102.50 and div.
Offered by. Morgan Stanley & Co.;:
Blyth & Co., Inc.; Drexel & Co.; Eastman, Dillon .& Co.;
The First Boston Corp.;, Harriman Ripley & Co.,_Incorporated; Kidder, Peabody & Co.; Merrill Lynch, Pierce,
Fenner & Beane, and Smith, Barney & Co.
vt$l.439,900),
*
boBadtos, etc.
,$295,800 General Housing A Development Co. 58,000
consisting 4.of ipne,, share, of 7%^. .cumulative, shrkipfc
I .
preferred stock (par $4) and two shares of common
(
{ „
(par Sc).
Purpose, pay certain liabilities; general corVtV
poratc purposes. Price, $5.10 per unit. Offered by W, H.
3,000,000,(James) L«es &' Sons- Co.- 30,000 shares of 3^85% cumula^
1,k ttve
preferredstock ; (par $100). ' Purpose; refunding/
Lees & Sons Co. 203,833 shares ,oL. common
stock (par $3).,, Price, $26 per share.- ,Offered by Mor¬
gan
Stanley
& Co.;
Auchincloss, Parker & Redpath;
Biddlc, Whelen & Co.; Bioren & Co.;. Blyth & Co., Inc.;
| Alex. Browri & Sons; Butcher & Sherrerd; C^F. ' Cassell
& Co.,
Inc.; E. W. Clark & Co.; Clark, Dodge & Co.;«;
Dominick & Dominick; Drexel & Co.; Francis I. Dupont
& Co.; Eastman, Dillon &; Cd!; Equitable Securities Corp.;
The
First
Boston
Corp.; 'Folger,
Nolan Incorporated;
Graham,
Parsons
& Co.i
Green,
Ellis & Anderson; :
Harriman' Ripley
&' Co., Inc.; Hayden, Miller & Co.; "
Hemphill, Noyes & Co.; Hornblower & Weeks; W. E.
Huttoh & Co,; Janney & Co.; Kidder, Peabody • & Co.;
: W.' C.
Langley & Co.; Lee Higginson Corp.; Carl M Loeb* '
Rhoades & Co.; Laurence M. Marks & Co.; Mason-Hagan,
Inc.; A. E. Masten & Co.; Merrill Lynch, Pierce, Fenner
&
Beane;
Moore, Leonard & Lynch; • W. H. Newbold's
Son
& Co.;
The Ohio Co.; Paine, Webber, Jackson &
5,299,658 (J«mes>
v
,
,
:■
.
: „:
'
,
& Co., Inc., and Henry
j
C. Robinson & Co., Inc. ; ,
i
■l
MISCELLANEOUS
.
■/:
capital
$200,000 Excelsior Insurance. Co. of N.•Y. 20,000 shares of
I
stock (par $5).
Purpose, capital purposes.
;
per share.
Offered for subscription to stockholders.1
290,000 Maltine Co. 2,900 shares of 4 Vt % * convertible preferred
stock (par $100).
Purpose, construction, etc. .Price, $1,00
per share.
Offered for subscription to common .stock-,
:
holders. ■ Unsubscribed shares offered by Eastman, Dillon
Price, $10
;
100,000 shares of capital
*
,
,
.
-
'
& Co.
<
■
•
Muehlebach Brewing Co. 6,500 shares of
participating preferred stock (par $25).
cumulative
Russ & Co.;
Co.; Beecroft, Cole &
The Small-Milburn Co.
:
r
stock
5%
Offered by Elder,
Pur¬
preferred
man,
Dillon & Co.
.
>,
5
i
and Government Agency
Loan
W
•v
stock
150,000
1
'
Inc.
75,000
Corp.
Co."
/.;.
r'
■■■
(par
stock
3,000 shares of common
Purpose, capital facilities.
Price, \ $50
subscription to stockholders, .//■*
$10).
share.-Offered for
per
.
Foods, Inc. 30,000 shares of cumulative con¬
5%
preferred stock (par $10).
Purpose, pur¬
chase of 'equipment, working capital.* Price, $10 per share.
Offered by White, Noble & Co., and Clair S. Hall & Co.
300,000 Sperti
■
80,000 shares of 50c dividend pre¬
Purpose, refunding.
Price, $10
per
share.
Offered by Sills, Minton & Co.; Buckley
Brothers; Butcher & Sherrerd; Crowell, Weedon & Co.;
Davies & Mejia;
Frank & Belden, Inc.; Park-Shaughnessy & Co.; Irving J. Rice & Co., and Straus & Blosser.
•
;
;
Osgood
Stock
Co.
(par
$5):
Osgood Co. 100,000 shares of
(Par
$1).
Purpose,
refunding.
Price,
Offered by same bankers as offered the
800,000 Wheeler.
.
(see foregoing).
500,000 Yolande
common nstock '
$8 per share,
preferred stock
"v.;
'
constituent
:
company,
Co.,
Co.;
Inc.
Muehlebach Brewing Co.
533,175 (George)
?
'
;.t
•
Muehlebach Brewing Co. 20,000
(George)
I 115,000
(par $1).
Price, $5.75 per share.
Brothers & Co.; Barret, Fitch & Co.,
Burke &
MacDonald.
•
Wood
& Co.,
!
Inc., and
.
.
Bosworth, Sullivan
Securities Corp.;
.
Co. 58,860 shares
$50), with war¬
Stone & Webster
& Co.;. Blyth & Co.,
•„
The First Boston Corp.; GarrettForgan «fe Co.; Goldman, Sachs
& Co.;
Graham, Parsons «fe Co.; Kuhn, Loeb & Co.;
Smith, Barney & Co., and White, Weld & Co.
Inc.; Boettcher and Co.;
Bromfield & Co.; Glore,
..
4,546,980 National
.
'of
/
s
Alfalfa Dehydrating & Milling Co. 505,220 shares
stock; (par $1), .Price, $9 per share.
Offered t
bankers as offered the preferred stock (sea
common
by
same
foregoing).
■'
•
Graphite Products Corp. 100,000 shares of common
(par
$1).
Price, $3.50 per share.
Offered by
White, Noble & Co., and Smith, Hague & Co.
, i
350,000 Randall
stock
v
-
,
$27,828,491
•Indicates
Woodard-Elwood & Co.
and
v"
2,943,000 National Alfalfa Dehydrating & MUling
■>:
of 5%: cumulative preferred stock (par
rants. ' Price, $50 per share.
Offered by
.
E.
Offered,,
stock
mon
t
,
shares of com-
by Stern
"
-
,
& Co.; R. J»
Estes, Snyder & Co.; Beecroft,. Cole
Edwards, Inc., and The Small-Milburn Co.
-Co.;
v.! ; "
,,
21,327 shares of 5%.j;
(cumulative participating preferred stock (par $25), Price,
Ipar. - Offered by Stern Brothers & Co.; Barrett, Fitch
& Co.,
Inc.; BUrke & MacDonald; Dewar, Robertson &
.Pancoast; Dallas Rupe & Son; Russ & Co.; Dittmar &
r
;
"
..
Harold
*
.
'
■
,
\
Farwell, Chapman «fe Co.; Kebbon, Mc¬
J.;M. Dain & Co,.; First California Co.;
Co., Inc.; Piper, Jaffray & Hopwood; Ames,
Co., inc.; Brailsford & Co.
.
;
,
; v
Co.;
Co.;
980,748 Morris Paper Mills 54,486 shares of common stock (par
;
$10).
Price, $18 per' share.
Offered by same bankers
as offered the preferred stock
(see foregoing).
'
Tarrant Corp. 251,340
$5).
Price, $24.50 per
&
,
of common stock (par $1).
acquisition of stock of
working capital, etc.
($437,500).
Price, $10 per share.
Offered by E. F. Gillespie &
Inc.; Childs, Jeffries & Thorndike, Inc.; Courts &
Maxwell, Marshall & Co., and Minot, Kendall & Co.,
.
&
Emerich &
■<
($62,500);
refunding
&
,
Corp. 50,000 shares
Purpose,
•
.
&
.
,
•
ferred
Parsons
Kalman
v
,
vertible
400,000 Wheeler,
*
<
-
Lushas
] '•
associates.
shares of common stock
(par
share. Offered by Lee
Higginson Corp,; Kidder, Peabody & Co.; A. 1C. Allyn
•and
Co., Inc.; Ames,
Emerich & Co., Inc.; Bateman,
Elchler & Co.; A. G. Becker & Co. Inc.; Bell, Farrell &
; ;
Stebbins, Inc.; Bosworth, SuUivan & Co.; Brush, Slocumb
& Co;
Central Republic Co. (Inq.); Richard W. Clarke
Corp.; Julien Collins & Co.; Curtiss, House & Co.; Dempsey
/
& Co.; Dittmar and Co.; Clement A. Evans & Co., Inc.;
>
Fahnestock & Co.; First California Co.; The First Cleve¬
land
Corp.;
First Securities Co. of Chicago; Graham,
Parsons & Co.; Hamlin & Lunt; Hemphill, Noyes & Co.;
:
;
Holley, Dayton & Gernon; Hornblower & Weeks; The
V;
Illinois Co.; Indianapolis Bond and Share Corp.;' Johnson,
Lane, Space and Co., Inc.; Kalman & Co., Inc.; Kebbon,
V
McCormick & Co.; Loewi «fe Co.; Mason, Moran & Co.;
A. E. Masten & Co.; McMaster Hutchinson & Co.; Gordon
Meeks & Co.; F. S. Moseley & Co.; Mullaney, Ross &
Co.; Maynard H. Murch & Co.; Newhard, Cook & Co.;
Pacific Northwest Co.; Paine, Webber, Jackson & Curtis;
Piper, Jaffray & Hopwood; Reinholdt and Gardner; Robin¬
son, Rohrbaugh & Lukens; Scherck, Richter Co.; Schwa; / bacher & Co.; Shillinglaw, Bolger & Co.; Sills, Minton
& Co., Inc.; Stein Bros. &
Boyce; Stone & Webster
Securities Corp.; Straus & Blosser; The Wisconsin Co.;
6,157,830 Felt
*
,
.
,
;
Ry. 100,000 shares/of common stock.
Price, $53 per share.
Offered by Dillon, Read & Co.;
Hemphill, Noyes & Co., and associates.
.
/
;
,
Purpose, working capital.
Price,
Offered by Howell, Porter & McGiffin,
150,000 Risdon' Manufacturing Co.
.
5,300,000 Chesapeake & Ohio
$1).,
(par
Issues
Representing New Financing s
Issues Not
;
etc.;
Sons.
stock. Price,
'
:
Co. . ;
\
1,459,600 Morris Paper Mills 29,192 shares of 4%%
cumulative
*;•.
preferred stock (par $50). Price, $50 per .share. Offered
by Hallgarten & Co.; Hornblower & Weeks; Shields
.! Co.; Bacon, Whipple & Co.; Bear, Stearns & Col; Graham,
Cormick
shares of common
$2.75
per share.
Inc.
Ranger Fastener Co., Inc. 75,000 shares of common stock
(par 10c).
Purpose, purchase of supplies, construction,
equipment, etc.
Price, $2 per share.
Offered by F. R.
Totalizer
206,250 Pari-Mutuel
&
Corp. 10,000 shares of common
$4.50 share.; Offered by Frank C. Moore &
s
Hemphill, Noyes & Co., and
& Co.;
'
v
stock (par
60,000 shares of common
Co. 1,950 shares of 5% cumulative pre(par $50). Price, $50 per Share. Offered
Stern
ferred stock
-
.
45,000' Medisan
Intermediate Credit Banks 1 % consolidated de•*, debentures, dated Dec. 2i 1946, due Sept. 2, 1947.1 Purpose,
(par $25). Price, $53 per shared Offered by Dillon, Read
$13,395,000 Federal
,
•
"
Farm
;
stockholders.
Purpose,
%•
hy E. H. Rollins &
50,000 shares of common stock
capital. Price, $3 per share.
payment of note, working capital,
Price, $5 per share.
Offered by Floyd D. Cerf & Co.,
$1).
.
v
97,500 May,
>
Plastic Corp. 30,000 shares of 60c' cumulative conM Vertibi^
preferred stock (par $2.25). r vPufpo?e, purchase
Vk, 'Of equipment, ;etc.
'Price, $9.75, per share; Offered" by
Grimm & Co.
"
V
;
300,000 Oxford Radio Corp.
Curtis;. Phillips, Schmertz & Robinson; Piper, . Jaffray &
Hopwood; E. ff. Rollins & Sons Inc.; Salomon Bros. &
Hutzlerr Schoellkopf,
Hutton & Pomeroy, Inc.; Scott,
Horner & Mason, Inc.; Singer, Deane & Scribner; Skall,
Joseph, Miller & Co.; Smith, Barney & Co.; Stroud &
Co., Inc.; The Wisconsin Co.; Dean Witter & Co.; Wurts,
DuHes & Co., and Yarn'all & Co.
,
expansion.
Wheeler & Co.
'■
•
;
,
26,000 shares of capital
Price, $9 per share.
Insurance Co.
Purpose,
♦1,550,000 Thrifty Drug Stores Co. 15,500 4Y*% cumulative
stock,
series B
(par $100).
Purpose, expansion,-etc.
Placed privately wrth insurance companies through East¬
67,500 New
,
Odin
(no par).
1
Dittmar & Co.; Estes, Snyder
Co.; R. J. Edwards, Inc., and
(pax $1).
Purpose, working
for subscription to
Offered
|j:
v"
234,000 Tennessee
$5,984,000
150,000 National Tile & Mfg. Co.
fi
:
•
corporate purposes.
Price, par and div. Offered
by Stern Brothers & Co.; Barret, Fitch & Co., Inc.;:
Burke & MacDonald; Dewar, Robertson & Pancoast; Dallas
&
(par
plus.
pose,
RUpe & Son;
$10).
Purpose, to increase capital and surv
Price, $40 per share.
Offered for subscription to
stockholders; unsubscribed shares taken by United States
Fidelity & Guaranty Co. of Baltimore.
stock
115,000 (George)^ Muehlebach Brewing: Co. 20,000 shares of common
:
> stock
(par $1).
Purpose, corporate purposes.
Price, $5.75
per share.
Offered by Stern Brothers & Co.; Barret,
Fitch <fe Co., Inc., and Burke & MacDonald.'( '
162,500 (George)
Guaranty Fire Corp.
4,000,000 Fidelity &
'
;;
.
'
■
privately.
issues placed
$20,047,182
General
>
Oct.
Electric Corp. .has been computed to give effect to the
resulting from the exclusion of revenues
In taxable net income
V.
' •'.,
Sep. 28,'46
Net before taxes..^.;..^
$1,540,000
Income and excess profits taxes____580,000
$1,065,000
685,000
$924,000
380,000
of
income
Common
Earned
shares
per
$960,000
outstanding__Z___
;
share—
392,987
$1.42
$380,000
383,401
?'
$0.86
$544,000
622,782
■
$1.26
;
—V. 164, p. 2284.
will
is
Torrlngton Electric Light Co.
; ; f!
"
be effected by issuing 1.1. common shares
Commercial Controls Corp.—Acquisition—
The
corporation
has
announced
the
acquisition of the Justowriter
wholly owned subsidiary. Justowriter
was organized last April to take over the former plant of the Inter¬
national Business Machines Corp. in that city to manufacture auto¬
matic letter writers. ; The Commercial Controls Corp. said the pur¬
chase involved the; transfer of 11,465 shares of its preferred stock
and an undisclosed amount of cash.—V. 162, p. 3070.
Corp.
.
of Rochester, N.
Y.,
as
Commercial Solvents
See National Sugar
a
Corp.—Acquisition—
■
-.
Commonwealth & Southern Corp.—Weekly Output—
Community Water Service Co.—Note Issue
parent companies at the same or a lower annual rate of interest than
that payable on the note, in which event Community will pay a
amount of principal then being
prep^;^i«i<sh prepayment is made on or before May 29,
1947; or a
premium equal to Ya of 1% of the amount prepaid if such prepayment
Is mad#4«?reafter and on or before Oct. 29, 1947; prepayment during
the last month the note is outstanding will require no premium re¬
of 52,800 additional common shares
Connecticut Power Co.—V. 161, p. 2554.
issuance
Coppermines
Consolidated
ing Dividend
The
American
Metal
President of
board of The
Co.
Ltd.; of New York.
" |
<;
.
Payne
directors on Dec.
12
payable on and
Continental Can Co.,
The
to the
been
after Dec. 27 to
stockholders ?
i
directors
on
...
$150,000 and will
Inc.—New President—
the election of Hans A. Eggerss
Dec. 11, announced
Presidency of the company.
acting both as Chairman
President, will remain Chairman
Officer of the company.
')
Carle C. Conway, who has heretofore
of the board of directors and as
of the board and
Chief Executive
;
organization in December 1942,
Co., of Van Wert, Ohio-,
of which Mr. Eggerss had been President. Shortly after joining Continental as head of its Paper Container Division, Mr. Eggerss was
-elected a Vice-President of the company and since Februay<; 1946, has
beert its Executive Vice-President.—V. 164, p. 3141.
Eggerss poined the Continental
when that company acquired The Container
Mr.
■**.
Pa.;
Trailer
Brooklyn,
is also a director of The Autocar Co., Ardmore,,
Aircraft Products Corp.; Farmingdale, L. I.; Highway
Co., Edgerton, Wis., and Roberts Numbering Machine Co.,
N. Y.—V. 164, p. 1867.
'vx;
Mr.
Machine Co.Z(Utah) —Liquidat-s ?
:Z,
r; ; ; •
declared liquidating dividend No. 4 in the
.
record Dec. 14.
"iThis distribution amounts to
of
this corporation, has been
Titan Metal Manufacturing
Liberty
1
*
v '
bring total payments,
in
liquidation to a grand total of $1,200,000, W. D. Nebeker, Jr.,
Secretary, announced.-r-V. 158, p. 1822. : .
: ,
; , ^
of
elected
Chairman of the
Co. of
Bellefonte, Pa., a controlling interest in which was recently acquired
by Consolidated, It was announced Dec. 17. New directors elected to
the board were Chester D. Tripp of Chicago, who is also a director
ef ; Consolidated,
and E. Norman Hickman, Vice President of The
Payne,
No. 4—
amount of $1 per share,
•
v.
A.
,•
.
Consolidated Wagon &
>
and $2,-
Corp.—New Directors
Unit—
;
,
.
Continental Oil
Consolidated Edison Co. of New York, Inc.—Output—
The company on Dec. 18 announced that System output of electricity
(electrically generated and purchased) for the week ended Dec. 15,
1946, amounted to 211,800,000 kwh., compared with 196,900,000 kwh.
for
the corresponding
week of 1945, an increase of 7.6%.
Local
Co.—Makes Exchange
Offer—
Z
of Texon Oil As
Continental for each ;
registration statement
just cleared by. the Securities and Exchange Commission.,,
v,
v
Continental amended its statement to cover 94,692 shares of $S ,
distribution
of
electricity amounted to 201,700,000 kwh.,. compared
with 194,900,000 kwh. for the; corresponding week of last i year, an , par capital stock, in place of the unspecified number of shares men¬
tioned in original filing NOV. 25. Fractional shares of Continental wUl
?
increase of 3.5% .—V. 164, p. 3141;
;;;;-y -■ '„v:S
beAwordingC^tothe amendment, Continental owned 557,257, or 59.53%
Consolidated Electric & Gas Co.—To Sell Sub. Co.—
is offering minority stockholders
Land Co. on or before Feb. 1; 1947, one share of
four shares of Texon, according to an amended
This
of
Approved
Novi : 26 approved company's proposal to issue and sell
ati par, to National City Bank, New York, its $2,600,000 promissory note
dated Nov. 29, 1946, bearing interest at rate of l7/a%. per apnum, and
maturing not later, than 60 days from date of issuance. This note is
to be payable at any time prior to maturity, without premium; on 5
days' notice to the bank. The proceeds of this note, together with
Treasury funds to the extent- necessary,1 are to be used to. retire at
maturity on Dec. i; 1946, all of the presently outstanding debt securi¬
ties of Community consisting of $2,756,000 6%
gold debs.,. series A.
Subsequently, and on the day this bank note is discharged, Com¬
munity proposes to issue and sell at par, to John Hancock Mutual Life
insurance Co., its promissory note in the principal amount of $2,600,000, bearing interest at the rate of l%% : per annum, and maturing on
Nov. 29, 1947. The proceeds of this latter note are to be used in their
entirety to discharge the note .to National City Bank New York. The
note to John Hancock; Mutual Life Insurance Co. is to be payable at
any time at the option of Community, in whole or In part, without
the payment of any premium for this right, unless such prepayment
Is made out of funds borrowed by Community from other; than its
SEC on
premhjgn equal to Y* ,of 1% pt the
,1
■"
Refining Co. below.—V. 164, p. 2541.
sThe weekly kilowatt hour output of electric energy of subsidiaries
pit this corporation adjusted to show general business conditions of
territory served for. the week ended Dec. 12, 1946, amounted to 289 278,801 as compared with 245,494,891 ':tot the corresponding week in
1945, an increase of . 43,783,910 or 17.83%V. 164, p. 3140.
The
acquire
-
■
-
Consolidated will re¬
changes and .
receive payment for its
cash, government
refunds, govern-, J,
p. 2014.
the approval of the stockholders,
.for its fixed assets, with adjustments for
depreciation. In addition Consolidated will
inventory and for work in proeess. It will retain
bonds, accounts and notes receivable, claims for tax
ment contracts and other contracts and claims..—V. 164,
Z
>
proposes to
this
of
ceive $8,293,319
to
require
John
,
Co.—Proposed Merger—
directors
corporation.
Subject to
refunding mortgage
Dec. 17 that this company
Board—
Corp.^-Sale Ratified by
corporation, have voted to accept an offer
of $8,300,000 frore the Columbia Steel Co., a subsidiary of the United..
States Steel Corp;, for the plants and-business of the Consolidated
and $50 of
first and general mortgage 2%
bonds of Connecticut Power Co. in
exchange for each share of Torrlngton Electric Light stock.
The merger program, which must be approved by the stockholders
of both companies and by the Connecticut Public Utilities Commission,
This
400,000 of bonds by
Net
Consolidated Steel
The
2155.
163, p.
control
Sep. 29,'45 Sep. 30,'44
.....
id such prepayment.—V. 164,
*r ~
.. •!
.
now
It was announced on
'
(& Subs.)- -Earnings—
^;
New
and
are
Connecticut Power
_
Ended—
1980
1,
Street,
changes
received
the adjustment in fixed charges.
debentures were issued provides
for the retirement of $2,090,000 of debt in the first year and increased
amounts 1n later years.
These cash requirements are not reflected in
the above income statements.—rV. 164, p. 1866.
^
/
;
<
from the companies disposed of and
The indenture under which the new
Columbia Pietures Corp.
.
3 % bonds, series K, due
available at the Bankers Trust Co., 16 Wall
York 15, N. Y., in exchange for the tempbrary bonds.—
first
Definitive
3 Months
;
;
Connecticut Light & Power Co. — Definitive Bonds
Ready—'•'
(Continued from page 3283)
Gas &
of funds used
the source
gardless of
p. 2829.
Corporation and
The
company" and chambersburg Gas Co. (a gas utility subsidiary)
a joint application-declaration with the SEC proposing the
following
transactions:
Chambersburg, a wholly-qwned
to
\
subsidiary of
"V
;■
;
Consolidated, has entered
agreement with the Borough of Chambersburg, Pal, pursuant
which the Borough is purchasing, or causing ;to be purchased,jfrom
into
an
Chambersburg,
Government
Oct.
i
all of its assets; except; cash,
securities owned by
31,
accounts receivable
Chambersburg,-for $370,000 in
for certain
'
Texon shares. If a substantial amounrox .
the two companies may be merged, the
■'/
>
-
•
Subsidiary—
<
,
to the President of Continental Oil Co.,
hasi been-elected President of Continental Steamship Co., a wholly |
owned subsidiary operating three tankers, Mr. Battson has been with
the parent; company for over 25 years.—V. 164, P,
New
/
E.
and
cash.
F.
President of
Battson,
Assistant
1946,
indebtedness of Consolidated.
-
'
'
«•
Contract Purchase Corp., Detroit, Mich. — New
' nancing, etc,—George A. Bigley, President, states:
-
consummation of the sale by Chambersburg of all of its
physical assets, Chambersburg proposes to discharge its note Indebted¬
ness to Consolidated and to payito Consolidated $310,000 as a liquidat¬
ing dividend. Consolidated proposes to: deposit with Central Hanover ,
Bank & Trust Co. $370,000, as part payment on its indebtedness, and;v,
to acquire the securities of Chambersburg pledged with the bank. Con¬
solidated proposes to deliver the' promissory notes to Chambersburg for t
cancellation, against payment', as stated above. Subsequently,jbqt not
later than May 1; 1947,: Chambersburg proposes to make Its ftrfdl dlsrtributlon in liquidation (as at Oct. 31, -1946, thls 'wouid ftMunt to,:
$35,904 in cash); Consolidated will then assume any remaihintrTidbit
itles of. Chambersburg and surrender, to Chambersburg its common! stock
for retirement and cancellation, in complete liquidation and dhjsoftrtions ft
of Chambersburg.—V.
164, p. 2284.
to oilat n
Upon the
936,0G4 outstanding
stock is acquired,
statement said/
Chambersburg: had ! outstanding; $37,579' 6% de-;
mand notes and 3,754 shares of common stock, ($50 par) all owned
by Consolidated. These securities of Chambersburg are pledged by
Consolidated with Central Hanover Bank & Trust Co. as part security
At
the
Texon
have filed
company
order to
provide working
In
sub¬
$509,975 were
sold in private
capital during the year,
ordinated debentures iri the amount of
redeemed and a new issue of $900,000 was
markets.
Fi-
v-Z:::vl
increase in business
anticipation of further
,
>
vol- •'
stockholders, at a special meeting held on Nov. 15,
1946, approved the retirement of the company's 6%
cumulative convertible preferred stock, outstanding in
the amount of $350,000, and authorized a new issue of
12,500 shares of 4%% cumulative preferred stock (par
'
$100), at an aggregate
.
ume,
amount: of $1,250,000.
Of the
5
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4553
164
authorized, $1,100,000, at par value, became out¬
standing on or before Dec. 12, 1946. Holders of the 6%
preferred stock signed exchange agreements covering
$250,000 of the amount to be issued and the remainder of
$850,000 will be delivered at par to two insurance com¬
panies with which firm purchase agreements have been
amount
executed.
The
:
•"••Y'
•
•
•
On
Y
for
of the exchange and Issue of the new preferred give the
additional capital funds in the amount of $750,000. The re¬
of
the
new
preferred stock' authorized in the amount of
$150,000, will be reserved for sale at a later date, probably in connec¬
sale
subordinated
additional
of
Earned
Dec.
10
three
shares
5,000
letters
of
of
notification
3,000
common,
filed
were
shares
behalf
on
of
the
with
of
Mary
Zhnbalist,
a director;
1,000 shares on behalf of William
amounts to be offered (at market) through the
both
SEC
Bok,
firm
Total
income
Marache & Lord.
The other 1,000 shares are for the
of.Cary W. Bok, a director, and will be offered at market
through Hecker & Co.—V, 164, p. 2542.
Losses
and
Net
loss
finance
Deduct
67,751
Provs.
8,824
$1,106,491
charges and other income______
of
cost
Operating
$811,834
provision, less recoveries______»
for Fed.
income and
420,790
-
excess
profits taxes
♦Subsidiary net income—
Consolidated
Preferred
^Profit
Cr21,754
-
V
»
Net
70,360
.<
CONSOLIDATED
«1 ASSETS—Cash,
at
Int.
receivables,
fixed
_■
.
937,222
1,093,552
912,135
$261,712
$161,438
$2,738,390
448
7,666
8,773
$261,723
:; $161,886
$2,746,056
$2,055,223
46,667
6,734
46,667
560,000
560,000
4
*
4,784
$208,322 >
66,912
77,183
..
;
$2,108,873
427;450
Executive
has
Committee
Corroon.
been elected
to
succeed
President and
his
_________
surp.
res._
j
$1,418,152
164,
.
—
334,935
•
brother,
late
the
Richard
A.
a
-
$1,121,625
'
procurement of certain equipment.
The report of the commission states:
certificates
dividends
bid:
to
offered; for
were
be
received.
was
borne
This
made
was
associated with the late Richard A. Corroon
lor over 20 years,
also succeeds him as President of Corroon &
Reynolds, Inc., operating managers of the insurance companies known
as
the "Corroon & Reynolds Group."
Mr. Barry was also elected
Executive
New
&
York,
Globe
Manufacturers
Insurance
:
the
Republic
&
Insurance
American
Insurance
of
Co.
New
New
and
^
through
Reynolds, Inc., and Merchants 8c Manufacturers Insurance Co. of
York; President and Director of the Globe 8c Republic Insurance
Co.
of
Co.
of
..
America,
New
and President of the American Equitable
York, and New York Fire Insurance Co.
by ihe -certifieates.
In
response
thereto
bid, -99.43iT and based on a rate of 2y«%
Halsey, Stuart. ,8c. Co. Inc: and ;has been
by
'(,
■"
He succeeds Russell
as
&
McCandless
Chairman
as
stock also
Dec.
An
20.
per
but
was
distribution
of
authorized
C.
Hemphill,
111.,
of Chicago,
partner in Goldman,
Sachs 8c
succeeding
has been elected a member of the board of directors,
of New York, who resigned.—V.
a
curities
Crown Cork International Corp.—40-Cent Dividend—
The
have
directors
of
to holders
of
record
during
quarter
declared
accumulations
1946.
on
Dec.
23,
dividend
the
class
Like
1946.
v
A
of
whom
of
industrial
were
was
_
net
outward
returns,
of
freight,
whom
payment
cents per share on
payable Jan. 2, 1947
amounts were paid in each
40
Y YY
common
to
a
represented. by Carl M.
are
of
Loeb,
&
on
&
Co.,
and
Proceeds will
be
supplies
of outstanding liabilities,
and for working capital.
purchase
for
of
equipment
Corp.
(&
'1946
"
etc,
Y
Subs.)—Earnings—
*
discounts, / allowances,
31—
_
1945
i'j
$59,457,830 $50,128,298
—
Industries,
Inc.
operating income, net, exclusive of der
duction for depreciation ,-LT-———*—173,775
Dividends from Fibreboard Products Inc.——_
234,465
'
Power
'
i
'
River
'
<
13
V/ 164,
p.
in
the
class
A
under
recorded
were
stock
common
the
new
par
of
name
2689.
value
the
of goods sold————i.———Operating expenses
Depreciation and amortization—___———i
Depletion ——.
——
$59,866,078 $50,572,269
42,033,415
36,059,395
4,517,953
5,398,939
.1,863,918
; 2,085,438
Other
net of other income———
expenses,
,
Y 415,231
'
367,350
29,244
85,023
$9,848,024
-
v
2,218,052
1,804,074
Excess
Profit
——
profits taxes,
after
taxes
on
net—___i————income
—...—
682,899
;
$5,807,547
$3,712,283
66,922
35,551
Minority stockholders' equity in earnings, prin¬
cipally
Pacific
Mills,
share
——~
—
$3,676,732
$1.10
$1.89
$1
beginning
cash
Paper
"Y
Cuba
RR.—Principal and Interest Payments—
with a transitory provision of the Constitution of
procedure for deposit, and the plan for issuance of par¬
ticipation certificates, payments will be made on Jan. 1,, 1947, of
interest of $5 per $1,000 bond on surrender of the Jan. 1,
1947,
coupon
from the first. mortgage 5% 50-year gold bonds, due 1952;
In
accordance
Cuba
.'
.
the
deposit receipt for $1,000 original principal amount
of said bonds
($3.31 interest payment, $16.30 principal amount and
$12 91
cash payment in lieu of participation certificates for 1946,
amounting to $13."J1 less Cuban tax of 80 cents to be withheld at
source) to holders of record at the close of business on Dec. 21, 1946.
Interest in payable on the bonds at The Royal Bank of Canada, New
end of $32.52 per
N,v
*
'
*•
«
of
Los,Angeles,
Los
To payment in full of loan to the company from
Marshall & Co
;
Toward payment of
Angeles,
Angeles,
customers'
The
to
manufactures
and cash.
Debt
companies)
as
'
.
;
to
river
Common
„
/
.
Authorized
Unlimited
Bonds:
regulating districts
Outstanding
$9,861,000
$9,861,000
J^
(due
1,995,741
*
stock
stock
($100
($25
dividend
accrued
rate
—
—
30,000 shs.
t30,000 shs.
320,000 shs.
par)——
par)
320,000 shs.
on
dividends.
SUMMARY
OF
EARNINGS
(MERGED
Sept. 30,'46
Total
iqcome_;
—_
other
.
$1,230,148
1,337,157
1,338,935
$2,718,048
$2,570,224
$2,580,690
1,350,542
;
188,185
44,049
53,388
37,447
117,900
156,350
155,000
96,000
171,527
226,372
266,351
213,468
$1,334,000
816,736
•
200,282
164,284
—_
for depreciation-
Taxes,
$1,231,289
$1,380,891
$1,938,514
150,803
Operating expenses—
Maintenance
Prov.
•
1943
'• 1,001,149
Income
Other
1944
1945
$937,365
Operating revenues
COMPANIES)
Calendar Years
9Mos. End.
..
exchangers and related
Y
preferred stock is 4% per annum to July 1,
1962, and thereafter 5% per annum.
tBy agreement dated Dec. 4, 1946,
International Paper Co. agreed to purchase for investment from the
company the 30,000 shares of preferred stock at $100 per share, pins
234,761
items.
$9,803,276)
from the sale
of Dec. 31, 1931.
1947-1974)
standard
principal products included,,flsp .ai^raft heat
,
first and refunding 5 %
sinking fund mortgagev bonds
(due Jan. 1, 1947),, payment of principal, interest and sinking
was
assumed by Hudson River Power Corp.
(one of
♦Preferred
70,000
*
-
which
_—
Calif.
products, all of which are
produced in various sizes.
Principal products include air conditioning
equipment, commercial and industrial refrigeration equipmenty and
electric drinking water coolers.
During the war period the company's
25
company
V.Y".
engage
orders, accounts receivable
(estimated
proceeds
equipment
company
for the most part
-
.
.CAPITALIZATION, GiyiNG EFFECT TO PRESENT FINANCING
♦The
loans to Security-First National Bank,
T Loan—
net
sinking fund series bonds, due
Dec. 1, 1961—
BUSINESS—Corporation was organized April 29, 1946,
in the design, manufacture and sale of heat
including air conditioning units and coils,
various type3 of commercial and industrial refrigeration
equipment,
electric drinking water coolers,
and aircraft heat exchanges.
Com¬
pany acquired as of May 1, 1946, the business and assets of a co¬
partnership known as Drayer-Hanson;
The assets of the business so
acquired included the entire inventory of material and work in
process, all equipment, machinery, jigs, tools and dies, leases, patents,
California,
are
!
.
3V4%
Maxwell,
including
water rights
Co.
.
on
First Mortgage
HI3TORY AND
in
$2,088,929
$1,895,203
1,121,340
$2,045,590
1,136,697
$517,264
$983,668
$773,863
$908,89?
200,348
than Fed-
"
eral income—
—
Balance
Income
deductions—
1,105,261
;
CAPITALIZATION, GIVING^ J3PFECT TO PRESENT FINANCING
£
Dec. 13 directed that the bonds
bond on Jan. 2, 1947; that the
deposit receipts be quoted ex $33.32 per $1,000 deposit receipt on
Jan
2 1947'; that the bonds and deposit receipts shall' continue to be
fleait in "flat," anci the bonds, to be a delivery in settlement of
New York Stock Exchange on
auoted ex-interest $5 per $1,000
;
PURPOSE—Company proposes to apply the net proceeds to the
following purposes in the following order of their priority:
Toward payment of accounts payable-.
'
$390,000
.tnr;
The
be
Bank
and
owns
received by the
be
the merged
Offered—Maxwell, Mar¬
18 offered
80,529 class A shares of
convertible -($1 par) stock at $10 per
National
to
due 1947
t;S
transmission
164, p. 2406.
Inc.—Stock
Dec.
These lands
■
company
and $3,000,000
to Internatiopsl
Paper Co. of 30,000 shares of the company's preferred stock ($100 pa?)
are proposed to be applied together with .other corporate .funds toward
the payment on or before Jan. 1,
1947, of $12,866,000 International
;
corporation.—
share.
Los
$5,740,625
profit for period———
Net
Earned per common
—V.
Ltd.————
600 cumulative
Security-First
United States and Dominion of Canada taxes:
Income taxes
on
to
_
Registrar, California Trust Co., Los Angeles, Calif.; transfer agent,
$7,734,409
3,357,578
profit before deduction of taxes on income—
Drayer-Hanson,
shall & Co.
electric, energy
Light Corp. and Marinette Paper Co., ; non-affiliated
Company owns and. operates three hydro-electric plants
River, near Plattsburg, N. Y., from which
sells
in Maine.
fund
Cost
selling
.
"Y i Y
v
and
&
PURPOSE—The
in
^
Transactions
Dec.
generating
approximately 56% of the voting securities q#
The Indian River Co., which controls the operation of a dam at the
outlet of Indian Lake on the Indian River, a tributary of the Hudsop
River.
This reservoir is operated for the benefit of the stockholders
of The Indian River Co., including the company, who are the owners
of certain lands riparian to the Hudson River.
Company also owns all
the capital stock of two inactive companies.
:
y;
;)
Domestic Industries, Inc.—Changes Name—
Corp.
209,506
234,465
of
and
of
Saranac
undeveloped.
below.
business
business
and on the Androscoggin River in Maine.'
In addition, company
lands
and
water
rights on
the
Black,
Grasse,
Racquette;
Chateaugay and Saranac Rivers in New York and cn.the Mattawamkeag
and
It was announced on Dec. 13 that the New York Curb
Exchange
has been advised that by amendment to its certificate of
incorporation,
the name of this corporation has been changed to Domestic Credit
;
the
customers
owns
for
Domestic Credit Corp.—New Name—
Domestic
-
the
the
The
See
not
was
York
certain
used
like Hudson River Power Corp.,
electric energy principally
to Republic Steel Corp. and New York
State Electric & Gas Corp., non-affiliated corporations, and to the
city of Plattsburg.
Company also owns and leases to International
Paper Co., under agreements expiring in
1962,
pipe water-powoff
properties on the Hudson, Ticonderoga and Racquette Rivers in New
common,
Rhoades
Co.
Corp.? was-organized (as International Hydro1925, the present corporate- name having been
properties, but,
corporations.
exercisable
Prices, $1,000 per debenture, $9.50
share and 10 an option.
The se¬
group
for investment, certain of
represented by Roberts
in
York
.'-'h'Y'
Other
i
offering.
a
offered
shares
;>?:
>
Power
in
properties of the company in the State of Maine are leased.
The company is engaged primarily in the business of
generating and
selling electric energy to non-affiliated industrial customers and utilities
and of leasing its water-power properties to others.
Company owns arid
operates three hydro-electric plants on the Hudson River near Glens
Falls, N. Y.f from which electric energy is sold principally to New
stock,
reported to amount to $3.30 per
.
Crown Zellerbach
Sales,
are
be
25,000
"Y'
"
■
to non-affiliated electric utilities for resale
owning water?power properties, some of which
are leased
to International Paper Co. (non-affiliated corporation) and
others.
The company was formed for, the purpose of acquiring thp
properties of such merged companies.. Its operations are carried on in
the eastern and northeastern sections of the State of New York.
Some
and
,
1, 1946
share.—V. 164, p. 2015.
6 Months Ended Oct.
to
are
of
',.
-
to
in
engaged
'
'
Arrearages as at Oct.
year after present
preferred share, 150
one
162, p. 2144.
;
account
purchase
:
Two other bids
Blyth & Co., Inc.,
viz.:
power properties were leased to International Paper Co.
;
r
•'
At the time of the 1946
merger,
the two merged companies were
„
for
rate,
carry on a
public Utility business.
In 1932, Hudson
Corp. and System Properties, Inc.; acquired most of their
present properties directly or indirectly from the International Paper
Co., then an associated company.
At the same time the nine water
YY^-'t'"-";;:Y
options
a
coupon
River Power
1, last, Mr. McCandless stated that the board approved
plans for further expansion to bring the company's produc¬
tion to more than 40,000 passenger and truck tires per month.— v. 164, p. 275. ■:.
j . /■ Y;
and
Corp.)
water power
the
tentative
'
17 on
3V4%
a
Dated Dec. 1,
YY.';- '»-;
bid of 101.24.'
:
adopted in 1940. . It was organized primarily for the purpose of
owning and developing water power properties, but was not authorized
to
a-public utility business. : System Properties, Inc., wad
carry on
organized in 1932, primarily for the purpose of owning and developing
,
10 cents per common share
for
both
Hudson River
per share on the 5% $10 par pre¬
declared, payable Jan. 3 to stockholders of rec¬
initial
..YT'.
in .New York, were merged into Eastern Neyr York Power Corp.
Oct.
on
Ry.-r-$15* Dividend—
AND BUSINESS—Company- was organized
as
sn
corporation under the Transportation Corporations Law of tils
State of New York on Feb. 15, 1943.
On Dec. 3, 1946, Hudson River
Power
CorpV and System Properties, Inc., which were incorporate^
quarterly dividend of 12y2 cents
made
Cream of Wheat Corp.—New Director—;
James
th?
pay
ORGANIZATION
Inc., and a director of the American Equitable
Dispensers Inc., Brooklyn, N. Y.—Files with SEC—
Assurance Co.
of New York, Globe & Republic Insurance Co. of
The company on Qee;- 13 filed a letter of notification with the
America, Mechants and Manufacturers Insurance Co. of New York, >
; SEC
for $100,000 5,7ye$rr'4%
and New York Fire Insurance Co.—-V, 164, p. 2956.
sinking fund debentures, due 1951;
$100,Q90 7Vfe-y«ar 4% sipping fund,debentures due 1954; 10,000 shares
($9.5$p.ar) 5% cumulative preferred; 30,000 shares (150 par) common,
Co.,
with
$100
of
common,
electric
Reynolds,
Harry Bowers,
par
101.17, and Halsey, Stuart 8c Co. Inc.; 100.16991.
1
director.
a
Corroon, Jr., was also elected a director and Vice-President of
Corroon
no
1961 at 102 and interest.
was awarded Dec.
received
were
McCandless, President, on Dec. 12 announced the election
former heavyweight champion; as Chairman of the
Tunney has been a member of the board of directors for
latter will continue
ord
Wilde, Vice-President of Corroon 8c Reynolds, Inc., was elected
of the American Equitable Assurance Co. of New York,
Merchants & Manufacturers Insurance Co., of New York, and New
R. A.
B.
past year.
ferred
Assurance
director
York Fire Insurance Co.
to
The issue
^
Tunney,
Mr.
,
R. R.
a
of.
a
dividend of $15 * per share on account
preferred stock, payable Dec. 30 to holders
Dec. 20.
After this payment, arrearages on the issue will
$75 per share.—V. 163, p. 3283.
; Y
'
'
V-'v1 Y;:.'
record
bidding
Mr. Tunney's other business associations include
directorships of the
Michigan Chemical Co. and Eversharp, Inc., and he is President of
Stamford
(Conn.) Building Co. which is presently specializing in a
veterans* housing projects
•
»
The boa^d on Dec.
12 declared the regular quarterly dividend of
10 cents per share and an "extra dividend of 10 cents on the cbmmon
stock, both payable Jan. 3 to holders of record Dec. 20. The regular
Reynolds was elected Chairman of the board of Corroon
New
share
the
on
1946; due Dec. 1,1961.
competitive
—Extra Dividend of10 Cents Declared—
the
„
Fire
York
share
one
vYV-l'Y:-
notification
one
have declared
accumulations
fund series due
;
sale
*
board.
Equitable Assurance Co. of
Co. of America, Merchants
York,
of
by The First Boston Corp;, Smith, > Barney & Co. and
Merrill Lynch, Pierce, Fenner * & Beane on Dec. 19 of^
fered
$9,861,000 first mortgage bonds, 3^4 %* sinking
•
1
Wilson
Co.
William J,
&
of
letter
a
comprising
Eastern New York Power Corp.—A syndicate headed
Y'Y Denman Tire & Rubber Co.—Tunney New Chairman
was
Vice-President
each
Equipment
ac-
of .Gene
who
trustees
of
Electric
■
Barry,
filed
13
units,
preferred, and
of
on Dec. 12 authorized the
company to assume obligation and
liability in respect of not exceeding $4,000,000 series E, .2y8%
equip¬
ment-trust certificates, to be issued by First National
Bank, New York,
as
trustee, and sold at 99.435 and dividends in connection with the
annum,
<
Mr.
cumulative
The
$1,346,488
——-
On this basis the average annual cost nf the proceeds to the
applicant will be approximately 2.23% .—V. 164, p. 3141.
John R. Barry has been elected Executive Vice-President and R. A.
Corroon, Jr., and W., J. Harrington have been elected to the board of
directors,
transports.—
vY:,
Eastern Massachusetts Street
421,161'
'
2542.
p.
*
the
■
Constellation
to bq
offered in units at $100 per : unit
without underwriting. > Proceeds
will be used for construction of radio
broadcasting, station, purchase
of land and other expenses.
\
*
* ?
^
;
-
:
Chairman of
L-649
$1,542,786
to
cepted.
Corroon
6%
Crl24,034
$1,681,423
.of
or with permanent certificates at present being issued;
that beginning Dec. 31, 1946r only permanent certificates at present
heing issued shall be a delivery.—V. 164, p. "3141.
F.
type
Y,Y'Y:Y.';'!;.;'Yv.
Dec.
company on
for 530
share
SEC
and invitations to bid were also sent to 138 banks, bankers, investment
houses, dealers in securities, And insurance companies the bidders
being required to specify in multiples of ^ of 1% per annum the rate
temporary
James
Lockheed
new
.Eastern- Broadcasting Co., Inc., West Hempstead, N. Y,
77,071
$110,435
Cr25,168
The
President, Etc.—
14
1591.;';;\:VY;'"r,Y:Y
The
The ICC
13 directed
Corroon & Reynolds Corp.—New
years,
equpiment,
principally
164, p,
V.
amount
that deliveries ;
of. $3 prior preference stock and common stock, up to and including
Dec. 30, 1946,* may be made either with certificates stamped to indi¬
Exchange on Dec.
agreement provides for iya% revolving credit notes for "
with a V* of 1 % commitment fee applying to the
balance. At the end of two. years 1%% notes will be
issued,
two
$2,046,450
11
revs
1,166,894
Delaware, Lackawanna & Western RR.
Trust Ctfs.— -■
r
Y:"
Cooper-Bessemer Corp.—Form of Certificate—
cate
77,870
,
^.,...•
finance charges, $569,653; debentures
(subordinated to all
liabilities), due 1951 to 1955, $900,000; yreservr for contingencies,
$100,000;., 6%
preferred stock
($100 par), $350,000; common .stock
($2.50 par), $351,800; papital surplus; $167,600; earned surplus, $888,177; total, $11,941,713.—V. 161, p. 460.
V
Stock
138,408
105,398
________
Balance
unearned
York
income
-V.
other
New
loan
,
LIABILITIES—Notes payable, unsecured, $8.130j000;,
^ccoimts pay¬
able and accruals, $129,980; reserves for taxes, $150,703; reserves with¬
held, dealers, $47,625; reserves for losses, $156,176; deferred income,
The
V
,
payable in 12 equal quarterly instalments oyer the next three years,
The agreement includes the
right of pre-payment without penalty.
The proceeds will be used for the purchase of additional
3,858,839
1,823,529
Balance, surplus.—$141,410 ; $135,603
Divs. applicable to pfd.. stocks for the period__
repossessed automobiles, $4,044;
other
industrial bank •charter, ?!; deferred charges,
less" reserves for depreciation, $62,000; total,
$11.941,713.; .;
unused
$9,734,505
3,963,972
1,469,769
;
"78,378
mortgage bonds
int. and deducts.
Net
$96,261;
assets,
1946—12 Mos.—1945
330,948
137,201
.
income
Transfer
1946
30,
SEPT.
United States Government obligations,
and accounts receivable, $9,701,233;
other
notes
receivables, *-$161,800;
$35,182;
SHEET,
The
$814,062 $10,276,247
338,535
on
Other
$1,681,192;
cost,; $200,000;
current
BALANCE
group
—Files with SEC—
and dividends therefrom in
excess of earnings taken into surplus in prior years, less $10,500 ap¬
plicable income taxes.•,
».
>•
•
1328.
$20,000,000 five-year revolving credit
of 27 banks headed by, the Chase National Bank of the
City of New York, Capt. E. V. Rickenbacker, President and General
Manager, announced on Dec. 17. :;v Y:--: —v' ...v..'
a
the first
92,849
income
Gross
sale of stock of Ace Drill Corp.
on
$908,675
-
operating
Other
$201,783
21,000
70,360
21,000
;
dividends
p.
The corporation has
arranged a
with
Co.—Earnings—
1946—Month—1945
.
___
taxes
Depreciation
114,267
—
dividends
Common
Other
revenues
expenses
taxes
Federal
87,924
$259,881
income__
net
Period End. Oct. 31-
Operating
Operating
$803,010
140,085
565,703
140,821
borrowings—
expenses
compared to
.
Dallas Power & Light
$1,174,242
,
$1.81
as
Eastern Air Lines, Inc.—Bank Loan
Agreement—
Granbery,
1945
'
•
1 06C 059
$0.98
Curtis
Curtis
brokerage
•
1946
..
shares—__1,060,059
share
backlog as of Oct. 31 was $66,894,000
$21,450,000 at the beginning of its fiscal year.—V. 164,
account
debentures.
common
per
1945
I-—;-—.——: $54,783,188 $80,544,911
1,037,235
1,921,628
The company's
CONSOLIDATED INCOME STATEMENT, YEARS ENDED SEPT. 30
.
income
Number of
Curtis Publishing Co.—Files with SEC—
s
1946
sales-—
Net
percentage of the original principal amount of bonds deposited ($1,000).
164, p. 2689.
••
.V'"'"
result
.with
Dresser Industries, Inc.—EarningsYear Ended Oct. 31—
Net
—V.
company
mainder
tion
3289
Exchange contracts made beginning Jan. 2, 1947, must carry the July 1,
1947, and subsequent coupons.
•
Bids and offers in the deposit receipts are made on the basis of a
Bank
loans
Class
A
($1 par):„
sharfes ($1
164, p. 953.
Common
—V.
—.———«T,^Trw—jr-v
shares
Authorized
$447,423
150,000 shs.
350,000 shs.
Outstanding
$447,423
,100,000 shs.
: 140,000 shs.
Net
income—
Immediately
on
—
completion
of
the
financing,
the
annual
interest
requirements on the then outstanding long-term debt will he approxi¬
mately $409,547 and the annual dividend requirements on the then
outstanding preferred stock will be $120,000 to July 1, 1962.
•
it
A'**
,J
v:
Viyf-M,'V, IV,''"'"V'
/Y PURCHASERS—The
names'
of
the
purchasers -and ; the
to pe. purchased by them respectively, are as follows:
THe-'-ttMrt Boston Oofp. $3,681/000
Smith, B&Vney & Oo.__
3/680,000
r-V. 1*6, p. 3142.
*.■
'The -difectors
.''
...
declared
11
Earnsworth Television & Radio
-
dividend, of.'
quarterly
a
Six
18
Net
Cents
present capital stock, par
record Dec. ,20, 1946.
•"*
of
580,411
7,622,369
47,739
Maintenance
V " 56,935
(iWcl. inc.1, taxes)
,
562,386
178,677
-
648,882
160,765
,* •
1,889,304
revenues^—
$183,043
$192,607
38,337
29,491
$2,609,743
359,220
Balance
$222,098
$2,968,963
•$2,736,649
accruals
$191,980
61,879
$160,298
amortiz.—
$129,501
34,941
1,625
Retirement res,
[
ihCome
eross
Cs-
The
Interest
and
of
.
substantial
741,916
732,850
36,157
$2,003,799
• 436,963*
2,739
19,888
-
deductions
Uv<: Balance
—-
{Preferred dividend deducts.—B. V. G. & E. Co.:
;*':Applic«ble{r. .24,430
.;; Applicable to :E. -; U.
Y-YY-/-
/ A-YYY
: $1,682,833
$1,448,212
.i_J_4i.wWti.I_i—* 236,240
201y385
,srv
and interest
taxes
h
164, p. 2829.
Ebasco
■'
"--'v
_
y
V
•
.
Services Inc.—Wieekly
.
,/. V
*.
Input—-
161; 105 /
Fed.
income
extraord.
Other
-
)-\YYY
;
r
:
/
/'"'/',{'
Pfd.
25,111
14.1
.53,209
Electric Pwr.&Lt.
National
Former
Co.
Light
The
J
Corp.Power &
47,7-19
5,-490
11,5
109,882
w-w—t
above
figures do not Include
of
panics -rrot Appearing in both periods.—V.- 164,/p. 3142. /"•'■
Edo Atrcraft
The
162,
1'888.
p.
usual
Operating
Operation
Maintenance
Federal
>
v
Other
1)9571974
2,947,286
2,476,438 »
^
taxes____—_^
2,042,289
5)900,725
3,033,223
-
income.5;--_iw--—
on
••
'8,581,658
8,716,347
•
2,600,000
:- /:.-/
192,719
-■
,-
...
5,672/393
$6,123
revenues--
oper.
Rent for lease hf ;plants
■■:;
:,/...
Operating indorrie—^-
..
Y
(Gross inc0itte_^_v—
JMet Int.. to public, Ate.-1
to
franchise
'
:
V/A
'/
.
and
4.S'-
i
.V
.
,
Net
V
equity
of
Fed.
18,140383
2,859,803
20,447,513
1,608,270
972,970
145)018
733/748
17,868,273
>
2,415)990'
4,762
17366.273
*7,523
'other
2,420)752
than
-1,512
^
.
12,297
___Y__
{services.*//";.,...
sale
/
'
Jf. .-'Y
-
,',,s
•
J*,*'' P {
••
'i
'
"
^ v,'\ ''Cv''.'1 '**'■'
-f ^aarflifhiif^rrLfHiTff-f?'■ -.j -'-iu, n.n
1/2,974,931
Portion
plic;
inln. lifts,
to
Com.-$tks.
not
'
i
the
.
157,000
/
13
542,904
206,696 '
3,227,746
Period End. Sept. 30—
18)849/716
'1,748,844
Divs.;
■
')
•
$3,043,736
than inc.
\_y '
*
company
f?*
1
,136,652
^,.
"J
v*
*■"
/;/'Net -profit-*rapplic.>
com.
shrs. of
Y ,v **
to
+t
Int.
debentures
on
deductions^—
12,019,293
Alone)
'
..
the
split,
on
„i
-
;
,
w.._—
.
8,716
157,000
.113,000
$2,752,284
BALANCE
•
)
•
2,602
250,000
a
share.
plan Of di'ssoiution/to
;*
.-
warrants
Stockholders
with
funds
to
,;v
purchase
Co.
will
cn
f.
...
PZ'-i
,
Y
10,712,566 ^'5,114,388
.fy-v)
v
546,608
r-iffirr;,' 'U feafnitrn. ;ii "rrfr.fi. nAl.'-'
""fY"*'5*'*•
■-
/'
446,20,1
'<+ -
/ 'ft
'■
V-'Y'
'
--■
■
y:*/'"
;
Aug. 1, 1946—v.: 164, p. r2544.
Y
Y
*- $4)34 .*
-: .•*/.'*(/
;
..
/;v"
*$2.23
2 'for
reflect
1
'.Y/Y
V./YfYXY 'fP.
& D.'s founder, . has -been a 'director of: the
'*company "slnce Sept. w /.* :
19l3.vHe also is President 'and director /of bhc Daily Rfebord 'Co. 'and
conform
t
"S;
:•
a
of
...
/
■
director
the
of
ArdUndel
.'Baltimore, Md.
/-*
been
*
•
.
':•> Fire Association of Philadelphia—New
be
given the alternative ■ of
at fts call price for Gulf States
/.The
.
preferred stocks •&'€ thetr'respective' ?
from
the
'exercise
of
?
the
Warrants
boards Of
dfrectors
of
Secretary-*-
'•
-:*,•
Y
-
this
corporation aud its afrtHate rcOfn* '
paniesr The/Reliance Insurance Co.,'Lumbernmn's Insurance/Cq, and
Philadelphia National Insurance* Co.;~on^ Dec. fS/'UIeeted-Peter' J;"lS:or*>>
.
-
Secretary of the companies.
'
',
/
1945 he was appointed Assistant; Counsel
anftrhie' dototimiea^ Yr)-/
capacity-along with the assumption of his newly "added duties.
—V. 162, p. §47.
•; Y"■,/:;■'/'/./ ,••■/\:Y/' YY\>*'/
y; :/V[/.:VY)Y./Y
san
/
*
as
.
,
In
this
"
4
-
/
Fonda, lohnstown &
,
,.
- ,*
operations
$18,354
:.
Fed,* Inc. -taxees__w._^_._/ ■'' 4)006
Other
for
each
share
of
retain
will
be 'used
162,212
shares
of
Virginia
together with treasury
?
ry.
tax
accruals.
'■
$2)219,797 $10,491/440
SflEET, SEPT. 30, 1946
;
:
"/•: '•/
V ' /../■;-
•
accounts payable, $58,322;
accrued interest (incl. $1,479 for which pash is in special
cash-deposits
•2,405; dividends declared (cash in special cash deposits), $1,282,926;
accrued taxes, $560,740; Power Securities Corp. coll. tr. gold bonds
called for redemption., incl. premium CCASh in Special cash
deposits),
$3/030;
miscellaneous
current liabilities,
$7,017;
reserVe,
$57,203;
earned surplus, $7,995(253; total, $165,011,035.—'V.
164, p. *2030.
_
.
Digitized for*; FRASER
V*"
■
16
days allowed
of
fees
for
and
exercise of
expenses
incui-red
after
Previously
'no
Bernard,
-
Works
Manager, and
the
"
Nethith,
Director
chgs.
:Y/'V:
'
Operation
-4&U. x■funis Jb jmiun* X-L
—
•1945
$109)206
*74(354
69,263
852)451
' .*
9.731
15,315
13,155
"
10/009
133,177
219,366
$9,806
$7,784
$171,664
,210
'
Maintenance
'
Taxes
$1,274,016
-
/
/:- $6,436
$96,955.
...
-
i
;
-
;
/ 0,655
_
"
,;ut> 5,I§4/, Y:65,419
756,363
117,787
207,879
~;P'J"
r^s.
Interest
accruals-
Charges—
Xl'U
)
*v
'6,333^
,180
:Ij"l*,*6(383'1f "
,•
,
'76/000
lj716
.
$221,927
76,000
2,025
■
Net Incorfie
Dividends
—V.
declared
164, p. 2286.
$10,148
$6,536
$159,368*
125,744
24,358
'1*6,307
•
»•
;
_
'
•
.
$141,642.
2,259
22,597
$74,358
3,503
3,517
32,936
-
: *
'//.,/'..
,
Bank of Detroit.
working
p.
;
•
22,597
$119,044
/
3*1,337
Loans— Y
,
-v'"y.'Y'
arranged 'a iihreei-'yfear
of twenty banks headed by.
The proceeds of the credit will 'be used
a
'
.
•'•/-'■/ .' •••)•..,*•
group
_
purposes,/HarVey C, Fruehauf, President, Said;—
/*:
2017.
■.•-•
":{"
-
" *>*
General American Investors Co., Inc.—$1.48
/
The
directors
on
Dec.
16
declared
a
dividend
of
Dividend
:
$1.48 per -dhare on
-
common
$143,901
•119,126
/ { ",
r
Transportation Corp.—/Sells Equip¬
ments Privately—The corporation announced Dec. IS :
that it has negotiated thTough Kuhn, Loeb *& Co. the :sale of $8,000,000 equipment• trust certificates, series 41,
to a small group of institutions.
The certificates will I
mature serially in equal quarterly installments to and
including Dec. 16, 1966.
Maturities to and including
Dec. 16, 1953 bear dividends at the rate of i%%, the
General American
'-'Y
$237,083
'
$191,986
.; 29,941
'
Balance
Retirenft
,
v
$182,307
-
ZP
;"/' -$4,177
2,259
>
Net Oper. revenues__^_
Non-oper.
income (net)
44,455
'^.f—-
stock, payable Dec. 24, 1946 to holders of record Dec.
20, 1946. Approximately 36%,-or abbut 58 cents-of this 'AMdend Is
from net Income (excluding security profits) and the balance or about
95 fcehts Is from long-term security * profits. It was announced that
stockholders will be advised soon after, the end of the yekr' 6f the exact
portions of the dividend taxable under Federal inctfme tax law as
ordinary'dividends «and as long-term'capital gains.
■
/;■'/■(• f
On Ded. 23, 1945/ a distribution of $3/06 per share Was fnade on the
"
common stock.—V. 164, p. 3143.'.
• ;
'
1946—12 Mos.—1945
$1,377)657
18,599 -•/)
$137,852
='
$334
capital
/
)
Co.-YEarnings-
1946—Month
revenues.™"
1,437
*
$2,593
$25,000,000 revolving credit with
,
the
Fall River Gas Works
'1,737
9
60,$00 ./
38,662 1
/•
of
Engineering, have -been elected Vice-Presidents.
George T. Stevens and William A.
Mathesdn, Vice-Presidents, have
elected Executive
Vice-Presidents.—V. 163, p. 2156. •
Period End. Oct, 31—
!)'
$252,113
-
$98,980 /
'41,193
$140,173
'29,$42
•14,176
"
The Company dn Dec; 16 announced that It had
.
■
/ V.l-1'84,
been
Operating
$9,610
1,857
lor
Vice-Pres., etc.—
Earl
:i*
*'■:
the National
Gray R.
;/; Drill P):.'
Dr362
40,210
25,232
,
$10,081
Fr«ehauf Trailer Co.—Arranges Bank
pro-
164, p. 3142.
EuTeka Williams Corp.—Two New
1,491
:
$5,847
1,396
fxd.
debt
in
..
in, connection with
subject to the approval of the BEC.
vision had been made for SEC
supervision.—V.
•"
Conting. lilt, on funded
common
required
.
•
3,562
3,853
charges
Inc.
Warrants.
plan will be
$7,795,613
Y LIABILITIES—Capital stock, $155,044,139;
Of
payment
•6,000 •:
$6,209
:}X-
$193,937
29,515.
$21,134/'
4,292
basis
the
Electric
cash Hot
Fixed
Engineers.
be distributed ,on
share of Engineers held.
)
/ ' ; •
each
36,228
ASSETS—Investment securities and - advances "(subsidiaries), $152,925/291; cash In banks (on demand), $7,135,951; special cash deposits,
;' J1.287.^69,' temporary cash Investments (U. s. Govt. obligations)v $600,000; dividends receivable—associate companies, $2,922,284; other cur¬
rent assets, $3,750; deferred Charges, $33,181; reacquired
dA'pital" Stock
(973 shares of $7 pfd. stock and 902 shares of common stock), $103,109;
•'
tti mrr/, vtf
/'
Engineer's common stock
share-for-share basis for
a
also
paying cash.,,
its
received
will
This
period
402,000
....
total, $165,011,035.
..
.
,
stockholders
1.45 shares for
*
Income
*6l'3f3l7 y'-Y'
298,765
p* vv'i'.j'"--".:'Y.*11-?*/);<•" <C*' 2,764,182 1 1,254,342V10,165,958 4 4,668,187
stk.-" :* ■
'..■;vi*,T y- •*-/- / r
*/ *;: " '"*•
per// ;2,341(325 72,089(368 ,v2,341,325 12,069,*368 >
.
Y: '':w/)f ;'.f''
1946-42 Mos -4945
,
.
-
Prov. Fed., tax, on inc.-i.-_
iret
//'
136,652
,
••■**-;: »*-/:-.;
*.
,
.
5,210
128,992
Expenses
Other int.
y
( '1 ataaoac
parent ■"•
redeeming the preferred stocks, to pay off the liabilities of the com- ;
pany to its stockholders, either In kind or in cash.
fret income
//
Engineers, plans to list the rights to subscribe to Gulf States stock
Deprec. (way and struc.
on
the New York Stock
Exchange.
It is anticipated that if the plan
& equipment
is approved
by the. SEC ..and the courts without undue
—V. 164, p.'2691. , /
delay, warrants
'
can be mailed to
Engineer's stockholders 'by about March -1, 1947, with ^
402,000
$2391,705 $11,515,520 $10,339,522
5,284
Cr3,630
23,132
7,088
28,110
36,746
173,095
542,904
561,205
364,725
203,556
1,458,900
> /
538
25,698
-250-
taxes
.Amort, of debt dis. and
expense on debentures
■
pfd. -stock j of ■■'•'[■O'"-a
on.
parent
be
The
1946—3 Mos.—1945
income
oth.
' /
/
Corp. "and the ArurtdeL-BroOks- Corp., All '
:
.-'''*//. ;"*'
;4.,»
-VYv '-J /."/■
disapproved Engineer's, proposed dissolution iplari 'On i /■■5" Mr. Mercer has.
a member of the. Company's home 'office' tfrZ ;
>•_}• r;;5/,/.V')-i"'-;^.i
Y'-i •/'■/'• gahization since 1911.—V.J 163, p. 1910.
J:
tferms
of
the
amended
plan,
Engineers will: give its. 1*
4.:
•stock.*
;
tax,
/Vi!/•:/'>.
''
v
90,535
-
.
.»
had
Engineers
1,520,826
/ 250,000
YJ :"YINCOME STATEMENT (Company
Gross
34/885
——
payments would be made by Virginia Electric until June
15, 1948; and
for Gulf States Utilities no
dividends Will .be 'paW ttntil Dec. 15, 1947.
In
compliance with the SEC's recommendations, preferred stocks
of
36,746
561,205
-on
——_;^._
y.
*
,
amended its
Paso on the basis 0L ohe-fifth Of a
share
Common stock of Virginia Electric will
23,132
28,110
r" T13,000
ded ictions—
15,865
14683,202
Cr3,630
173)095
373;44l
earned.
Fed.
>
>
>r5,6l8,240 t /'Y
/ /■■;
V*'
profitr'hpplic/:'"to**'" /'";-4
*;Shts.- of* parent "Co..'
2/900,834'
1,390,994
__——
;
5/284
7,088
5,210
128,'992
Balance, .surplus
other
/
'*:/v
i.
T4/097, / •/160,755
,
•In accordance with provisions of the franchises of Dallas
Power &
Light Co. ahd Dallas Railway & Terminal Co. (net).
fFull dividend
requirements applicable to respective periods whether earned or un¬
i;
Y' *''
-
16,065,378
'11/046,216
Net
V
purposes as
in
reeognized
i'-.Y
-
192,390,085
>21,883,618
.*,*«
fn
Pf,subb./y v
rfY'tj.L rr S£ J A-n n/,; ) : .; /
/company
"$6,090)608'1 $4,'724,842 ;/ No.'Ofshrs. of com.,-•«•$3vi'9.:'..,;t,.//:$2;47.. /,/ paitic. at end of
amortization, of: emergency
accounts since such facilities are
''r'Y
a
depreefatioh. /1Adjhsted ; to
tax
'
■
_________
^
rr;
1,574,302
't--;Y,//f
551
'// ' 22$53
of.net profit ap-'•; ■'/.-/■ ////./)
'V:^
owned
'V
*
«
.
Y,i"' \
•'
interests
-
"■
^ t"'lr
*
/5$44,900
21(445,155
4/270,598 -10,398,939
T,986,503
stock * of
by other
'-f. ■
■■
Sufes^l^EaiTis.
50,081,172 246.1S2.589
^4,961,434
subs
,
/
*1'**
YYYiJ,Y-/ / $2,131/379/
Net profit
DiVs. on-pfd.
,
>
&y*X?Yi\PMv.-2, '46
' Y""
'/'*
v
*
/
: .h/
—-Quarters Ended— Y-12 Months Ended— / •
; N6v.-3) W :nov.:)2, *46
Nov.1-3,"*45 YY
.
Period—
) Fed.' taxes 'dn incomes
.
-Nicholas
years-of
many
^1^-//'^*
~
!
a•*;'i,
development'work and pateht'Iights ln the manufacture
pt television products.—*V. 164/ p; 1'982. :»■ * i ■{*■»•'
• /-,
\
Net sales
$8,209,760 V/$6,840,934
2,119,092
/2,119,092
—
be
■"
inrw,
17,373,796
•
■
250
f.
for >Fed. taxes
income
-■
3/5l'9,l98
-ill—c.
Int., etc.,
Prov.
_1"
•
Expenses
"lvrn.ir.>r;Y,-"r-.-r-
-'>-Trri*n,i7 ajaasaaactt
——
taxes
r;
"yY ?',,k 1
*
*,<
and
paid off at their .respective .call prices. /The $5
Net rents
preferred will
redeemed at 105 plus accrued dividends arid
the $5.50 and $6
preferreds will be redeemed at 110
plus accrued dividends.
' /)
Net. ry. oper. inc._„-_
After payment of the
preferred, Engineers will file a; certificate of
Other* Income
dissolution.
It will then distribute > all -of its common
stock holdings
of El Paso Electric Co.
and 94.4%
of its common holdings in Virginia '
Total 1ncome_____'_—
Electric & Power Co. „It is proposed to distribute the
common of El
Miscel. deducs.
14,547,337
Income
Other
567
•
allowable for
SEC
prices
will
14,547,337
taxes
*-
-
2,415,990
income—
* *
1
-Federated J)ef>artment Stores, Inc.
/
2,074,350
21,781
Dr380;336
3,517,746
*; Tbtal
*
•
Gloversville RR.—
/
Virginia Electric ^ Power Co. that the
special dividend payment will be equivalent 'to one
Period-End. Oet.>31-^>1946—Month—1945 year's "dividends
1,
1946—IOM09 —1945 ,"
paid ill advance.
/This wIU amoitnt/ to '$2J$32)00Q,"'df); the : equivalent ; / Ra'ilway oper. revs.__—
82,430 '.-$74/777
$780,742
$774,934
of $1
a
ShaVe on Engineers holdings.,: In 4he : Case>' of .-GUlf; Statfes Y Railway
'Opfer/ eXps.____ '
.'64/076
' !
53,642
586,805
522,$21
Utilties, two quarterly payments will be made in advance—this amounts
to
$756,000.
It is contemplated that-no, further'common* dividend
\
V
"
v. M
Net Tevenue -from ry.
'
■
cons..
":/'. -;•/ '
2,'042,856
,r-.,
Drl04,82O
3,517,746
income—1,452
Other
.'eV'r';Y,
required to tedetem the preferred.
It IS estimated in the case of
491,218"
equity '-(as above)—
I*'* 1.$ f !*•
i
"
advent and expansionv of television^ service,- Mr,
FarnS^orth Is "how In a position to utilize its
and
1r\.]
18,621,219
-ifHTtra-."T iitfT'i
3,052,226
*' 195,892
corp.
in tnc. of Subs.
and"" other mobile
said,
//
Trr
20,552,333
Electric Pr. & Lt. Corp.:
Net
***
1
-P
.
v
kior
v.*^s
and phonograph<.radios/?Far'nSworth tn :T947 \
of telCviSicm^receivers4 industrial»1
(
Engineers intends to redeem
Call
,tfHategg^, r;>• r.tr."j,■'
...
/
;
-«.
'// nority interests^—'--Y,
i
4,114,025
400)387
*'
*
radio?
unriiied
time in the/company's
With the
„
;
12,032
J0/819j880
rtf93,797
:
to
'i
1
.1
Novemoer; ;ana
greater than at -any
"...■•Profit
'26,391)637
7,$70,418
1,896,406
Total
"«
addition
.research
v,/
$23/364,581
together with treasury cash.
It 1e Contemplated that " Virginia-Electric
& Power -Mbo,,
/Gulf tetates Utilities Co. and Ei> Paso Electric Co.* Will
make special dividend payments to make
up the balance of the funds
•3,146,023
H
fPM. divs. to public.-..Portion applic. to mi-
•-
source
during
now* are-
:*
■
telemetering equ-ipment And mobile communloaeions,,equ1pment forJ rail-
'
170,337
exchanging Engineejfs preferred stock
Utilities common stock, in place of
$03,155
27,371,713
/.
lnts._
the/ findings of the SEC.
$11.50 a
from
,
In
roads
.
"
170,237
holdings? in Gulf States Utilities
r.rjussjjestsfui aaahtei
' 5,042,429
reserves.^-
new
-
*
.
Under
25)788,482
>551,982
.
:T,-Tr-TV-
,■
-4,114,025
•Transfers
/"
to/-Mr-.' Nicholas,* the/company's "peacetftnb^T^dUctlon'*
,,.Y:'Y
•'
•
but
common
ma..
26319,731
63(511
n,n
■---
Dec.
in r-— i sua, -v
;5,e01,885
1;487,860
-
Balance
v''*'.
4,978/918
.
-'i-—
hi^tot!y,v
1,989,246
(Or 181,823
r'-M.
::
,
26,133,482
'345,000
—
■
5,586,;270
15,615
income <het )^-_
Other
27,164,604
344,873
$,065,168
88,250
*»■
-s
*:,
^
a
furniture
a
'aH-thiie 'trtgh
-an
civfliah products
'7
$1,635,218 $15,132,994 $'23,376,613
292,451
-3,309)437 V 3)991,579
.178,432
605,533 V 3,011,488
pfd. stock of parent company
-s- /'/•»•
T..:: -V./-...W
fates",
The
19,$09)499
,'Yj, ■/.,
,r1
with
'
18/043^682
.
'miLsLJiJb,
„"./' Net
/
The company On Dec.
1,729,322
192 719
m
4;5l8)0ll
4,003,690
'
Aiftertds Plan of Dissolution to Conform with SEC—
8)984,483 ' 23,909/123
11)079,154
12,180,895
.
Amnrt. Of ' titiBty plant
abftuis. adjustments—
Duplet, and dfeprec., Ate.
1
reached
•
to be employed throughout their; normal /life ->and. not ;?to *
esaslAng facilities.
_tBefore giving effect to < tax •: redbebfons 4
Fidelity & deposit/Co. -of Maryland-^Nfew DirettGT-^ /
resulting from amortization" of emergency "facilities • and excluding *
Edwin Warfield, -jr.- has been elected a ineiribCT:
*pf,*the r-ux^CifttV5.,.Y'-'Y
$260,445 (prior period—$2,303,558) pro rata-amount of tax reductions /)
committee, /and Beverly H. Mercer, 2nd .Vice-President// Since Feb.
-"///:,
resulting from sale 'Of transportation property in excess- of book loss. ,/
1944, has been 'elected to the board.
/*
/;/, /
/^■:';/;y:>/,{
Mr. Warfield,/son of the late Governor Edwin WarfieM Df
Maryland, I * ^
Charges in lieu hf taxes
•
;
;
/
expected
■
faXeSi-i^«Ji----
tn
An ^additional
According
-
•5,160-840 /;5;226,938
rtf 15,473
'
.260,521
33,076
.
replace
1946—12 Mos.—1945
/ 1946—3 Mos.—1945
$ ■"■/•■•'''•.
$ '
:1''
$
revenues-29,-800,758 33,044,165 126,853,311 141/638,201
12,580,288
12,484,749 > 49;607,011
49,359.533
)'V
■
c''
1
controls
nd-with
.
Eiecttic Puwer & Light Corp
Period End. Sept. 30--BttbstOiaries:
>
vshbrt*
•Which ate riot offset by special charges include, in addition to the"v Net profit per-share of "-v.-*.y/-:/■///*..■.•■
common stock;.^_*_L_$260,445 (prior period—$2,303,-558) referred %o above,-amounts (shown r
*
- $1;18 -;■,?)
$0;60
opposite) WhiCh result from deductions, in; excess of depreciation >at L .//.- fAfter all -cxpenSes and
facilities
/!:
/
-/
886,977 Y /
5,453,025 /
$1,650,691 $15,314,818
_//_____l/_/____^_/
on
X
*
/ /
-
,■
of "cabinet-supply, Ire Said,, also
been
secured
by a ■contract glving -Farnsworth exchtslvefy' the
output of cabinets from the niant nf *a cabtnet comosnv hi.'Fo^
HVaVnfe.i
Subs.),—Earns; "
'73/914;/:/ 892,200:;
105,921
; 366,522
Per
installation
added.—V.
Jan.,U,
1946—12 Mos.—1945
Applicable to com. .stock nf patent' companyshare, based on 1,909,968 ;sha'r.es_-J^w—=i
18
the Way for quantity production by Edo of the Model 2425
-designed specifically for use on that , plane,, it was
paves
float
{;
has
■'
■TiYi.fTf'n
—
minor.
to
tEarnings
i
-
This
> V>., •
1947; •>:
factory in North Carolina, which/by
1947, *WflT be "Converted to /the exemsive production bf'ra'ctic)
cabinets.
t
announced the approval hy the Civil
AercmautiCs:-Administration of the Sanson Voyager 150 as/a seaplane.
Dec.
•
-
removed, the flow of materials consubstantial improvement'in Its
i>qui$es
He revealed^ that the Company iias
recently 'ncqufred
a
supply.
a-halt interest
;
price
improving
•
Conp.—Seaplane Approved by CAA—
corporation hn
until
out -were
development'of'prod- *
bt the'
with
year
of- cabinet
4
requirement^
Dividends
-
fiscal
stantly
Com
any
•
*
•
$543,988
. $992,68$ v$9,162,876 $"14,277,415
Net income
exelUdhig. $260,444 :'(prior period
$2,303,558) pro rata amofint'bf. tax feduC'ts.l : $8,902,424. $11/973/856
•Extraordfnary reductions an ;Fed. inc. taxes/1
"694,073
5/144/950
Adjustment for minority interests_______; /
/Drl,348 r'i£>rl2,027
12.2
11,987
97,895
the System ..inputs
charges
div.
Net' income
•;
^ t
-
* production
the
and by increased labor and material costs which the
-company Was
to recover entirely due to
government price controls.
■
v.
f
N0w,/(nqwever, he /said, "the>company Is in the-'second •half
/<
1771998
Into
go
with
unable
.
419,102*
of •anhs.ww_LL'_wwJwa_i';
Applic.
203,109
American Pwr. AcLt. Oo.__
connection
'
first ,?half of
age
//
'*
370,017
$1,010,378
I ' Or 1,987
and. amort—.
Special
Fct.
Amuttnt
-
expenses f6r 'the
E. A. Nicholas, /President, pointed
year,
'will not
'>$627,566 J)
Y',/ ,../';
/
■>
.
1045
added'that earnings also were
adversely.affected during
thjs period by-material shortages resulting from strikes In
suppliers'
plants and. In the'coa l and steel Industries, by, an acute cabinet
'
-
J—Lwi'-Llw-w': $1,008,390
Balance
Z-Ihcrease1945
4946
v
"
,
74,540 "" Y
J
taXeSwIJ—/
Interest
"
•
.
after
taxes
reductions—
(net)_—V
For the week
ended Dec. 12, 1946, the system inputs Of" client
operating companies of Ebasco •Services Inc., which are subsidiaries
pf American POwer & Light. Co., Electric ,Power & Light Corp. and
( of*'former National Power & Light Co., as compared with>the/Corresponding week during 1945 were as follows (in: thousands of kilo-
Oper. Subsidiaries of—
"
'J
$4,999,224 .$61 ,*711',580 $66,525,648
2,064,353
25,643,854/; 25;680;39$V:
347.648
4,416,05311 '<4,401,639/ I
410,538 ' " 390,172
"4,831,687"/ 4,976,566
.
watt^hours):
1972.
p.
1946—Month—1945
.
Net oper. revenues—
Other hidome
"■'/Y
v
.; Vv,;.,
,
,
Service Oo., lire. *\&
bet. si--"
••
104,172 *;
'.*•
shares
Depreciation _L_
Amort, of plant acquiSi'ttOn 'adjustments:.-': :
surplus//// ;$1,764;901* $1/488,492
Balance available for dividends And
—V.
';
.
f\>
•'
'
2_j_:j___j_:-t:;Vv$i,9i9;974
Expenses,
'
./) /
Mr. Nicholas
special m-eeting' voted tp increase the'number
to 600,000 from 400,00O and to; create
a
Operating feyenUes—- —. $5,058,819.
Operation
—wiw-Lj' .-2,406,237
Maintenan'Ce J.w_4wj~_j
377,005
-
%tai
at
common
E«gin«Brs Public
period End.
-
'
Non-subsidiary ihconle jjil
-
'
•'
/ l946
..
wilLhave m;the 'market' its new line
$1,448,212
$1,682,833
Earnings of subsidiaries (as above).
•*
piaPt facilities.—W.T59,
ize
/ Eastern Utility Associates:
..
•
stockholders
authorized
$1,470,459
.22.247
. .
.-22-,
$1,707,264
Balance
X'
.
at'$16 after 10 years. The $1,000,000'expected to be realized irom the
sate will be used to
provide additional Working fcapital and to modern-^
$L784,916 '11,548,111
/** 77,652) **' '*77,652
' $121,402
$921934
_——■
18,734
■*...)■
»
in'the ratio of one share for each 30 shares of Common-stock "held.
The offerhig is pxpected to he made about Jan. 1. The Class B stock
will not he issued at this time.
'•:■ ,">:V'-S!''* ''*v
The new preferred Will be 'convertible Tritp common, at $12' a share
fol the common In the'firAt rtve years, at $1-4 for the second five, and
'
Misc.
•
risckl
expenditures in
:-whioh
ucts
20,900 'shares of preferred stock, dfvlded into class A and B.;i/ The class A preferred will he issued at par ($100), With a cumula¬
tive dividwid of $4 a year. It will be offered to present stockholders
^$2,227,047
422,242
•61,800 *
'■
.
creased—Preferred Issues Created—
$2,416,922
319,727
•
.
Emscn Dfewick & -Equilpmcttt' Co.—Common Stock In^
1,901,236
income (net)
oper.
,
Corp.—Earnings-^ i
//
/
.
.
-
Net
|. Non-Pper.
!■
•
6,803,786
738,480
Oct.- 31—
the company's operating
in
thfe'bftfreftt
• •
,
$990,*119 $12,683,804 $11,770,827
$1,115,940
revenues
Ended
t$259,075.,
Included
.
Operating
Operation
Months
loss
,
fNet profit, " tAfter estimated tax carry-backs.
the
on
holders
to
1946—12 Mos.—1945 *
Subsidiaries:
ite'c.
On
Inc., Los Angelas, Calif.—
$1, payable Jam 1, 1947
**-'5 ■V •■'>'><<*; '*■■' J'{ ' 'i '
The stock was recently split-Up on a fiVe-fOT-one basis.
.'.*••
•
Officials' of the 'company -are: Edward 'S.Maddoek, 'Chairman;' Robert
I./ White, President; William O. Paine, Vice-President; and a. H.
Fester, Secretary and Treasurer.: The 'office is located at 3508 WilsMre
Boulevard, Los Angeles, Gaiif.
•
•
share
per
,/Y r;V,'
,"
194G—Month—1945
Period End. Oct. 31—
Taxfes
/.
*
Monday, December 23,1946
Dividend of 18 Cents— YY
New Shares to Receive
,
Merrill Lynch, Pierce, /
\" Fenner & Beans—— $2,500,000
-{//{.; {/./;,.
,
Embassy Realty Associates
several
...
/Lantern Utilities Associates (& Subs.)—Earnings—
ft
fdi
JG;'
,
THE COMMERCIAL & FINANCIAL CHRONICLE
;
...I
•
'»-
A
-
|SPW30, When,sale?,.totaled $4,059,930 and net, pi.
*
$318,987; These
was
gains,;-.he saw, were being made despite e«
the -,,ft,estf'oam" dltisitm-I Which, ife. explained.: i
'
tihulhg losses in
.rl"
Gl^r
the,® common and. 60 cents on the A common, -as compared with
JQvPOhfo" eudh oh the B common, and-$1 each on- the A common On
ApXil 22' and jJmy 23,. last,
"
' "" " '" ""
""
1945; while, on Dec. 24,
and $3
VP
''fV/
i,\
Years Ended &ptf30-^^ 7'
Cni#.—Omits Dividend—./'':; ;•', •
taken no action/ 6n "the;
payattlfe bh dr about-Dee. 24 on. the common A stock fthd dtt the 0om< .
mon B stock.
On Oct. 18. the comDahy '.paid 5 cents per Share* on
... y„, ..^;r:* _■,.._=-: 7:77*
Oct. 18,
company maid
share*
Total income 3;
have
77,*
'
.
...
-
income taxes—
y Preferred stock dividend paymentsj-.
authpfilzed'ja ■ 2rfdrri.' split. Of ^he; *^ut-
/■v-;vf;v.V &■
...
*->:;-.*t*':
WKmin$>;tTO*'istbdMr6rd8k$^m^
Cd1ifdrnih.lV:;
*of
::
i
.1
•
':-
J&'l*
$1,119,665
$638,881
-
.
...
.1946.,
.,.
,
1945'
.
$9,251,233
taxes ^other than '
s Federal income)
and general expehse_^l.;_^: ;
Depl.*, dept,„. amort. Surrd. leaseholds & aband.
$8:519,2
-
2,970,014
2,61$S
2,551;552. > 2i308s;
-
$3;700,t
$3,729,666
operating1 income__-^—
Net
ihbome.
Other
—C
15,f
16,216 / i.
•:
,
''tis'
ck
'Ijeheh^erP: paid -M the vcdmmoft
9MonthsIkidodSept.30—
operating, income..
CdstS; rdperating. expsnses,.
expected soon ^
Net.: income a*ahablel for, C(Un. stockholders ^;:-553i()bi9*-:>-;^I5l38S;
Commissioner *<' m~;M hbto.-kn«Bey\ptt.ttiBkbfdihg tt end df- pteriod
: $2 01. vf.
$1.40"
: Earnbd per cOfomott*share.;
.iuipe
of directors declared \.;, The/ I
abova^ite^s, ihbiUd sales, and- ehhiings - df betehtty- acquired ..
sub.SidiaRies; , RQb)nson> Women!' s; ^pi^rejv inc,^ and S- iGeln ;On The
Square, Inu., beginningvwlth ;jahuary, 1946.' y ^ ;,; ;;;
;i
v
The company's.; fiscal year, which formerly ended on Sbpt. 39, has ;
w
••".*'•
-4.
'v.';
vs.
Gross
49;690
.......
...v
-
htanding* bOmmon stb'ck. tssUahce of the neW'stock was
after J3ec- ;i7:an;receipt of permits from the Corporation
vV'
\t -V'
,
•'
■
,.
,
■>"i * "vV ■
$1,169,355 y 5638,881 *:
';r«.Vr.V*777'
''.-j.
L
1,735,414 -
1,048/087
JNfet
Generai Controls Co--r^f-SpUt . Voted
>, Los Angeles, Ca>|lf>.
v.cucu
—
.*
*v
y 7- -777",
v:
Interest.;—. |f>;< 49/290 v y 77—— t
subsidiariesand'mmoMty
't
.
21,589,979
31,935,389
economic operat,lon,;H4'd Tto
.
•
$34,202,121 $23,964,274.
-
of investments lh ;' ^
cost
excess
,of
.v;
•
'.7-:,.,.
•
$33*,694,704 123,716,692
507,417
•,. 247/582
heVer: intended fhr
expanded grehtiy batty this year tp. fulfill heavy sales commitment
;'ftestfoam7: piant, buht at a cost ot about $1,259,000 ai
originally; schfeihiled' fbr' operation m March/ did not get ihtb pr
auction,,until August. ;,
' 7/77»y■ •"t.m,-. ■-!> ■
; ;„>art of the proceeds,;frb.m the loan wili bh. added, to wbrkh i
capital to tinatice the. jnorease in the company's business -Ph. fj
pre^Wajp line hf' :mefch^-ai rubber goods and materials handi1"'
v.- ww.jmr'
The maih
[
-
for Fedfttftl, and State
Amortization
the common.
on
p;■£.?:' ;„\
expehsesv.___c„J_—;
<7
whi^ Jras
plknt'.
7r7/Grayson-Robinson Stores, Inc.- -Earnings—V';..;
'7"7' 194*6
\ 1945
£: ■ •" General Aniline <& • film'
/TjThe directors
'
"■ stock als'o was. vpted, payable
$b,90Q;0(7 •»/'". L*'7
7*>'* ; »
;/>'
///mnlifhcturbs Trust CO.. Ms beeA appointed trufetbte, •••Jlkymiir- -&lrent
'
auiy
on
i and Oct. vmst
changed'to coincide with the calendar year,
been
beginning Jan; r 1947.;
■'
192,'
i ■■
ww'U.Tm ji..
$2,956,274
1,172,17^
l7et income
Dividends.
-Shares
Earned
„/
780,000
imip2*nm
.the.closeioi.September.v iast; l.he..eOmpfeny.;oper*ated-47-,.Grayson
At
164, p. -2408.
'«.:9:809'
paid'
interest
Estimated Federal income "taxes
outstanding
- •
.
937,743
$3.15
.-'f
pei* sh*are_
$3;
'
y
CONSOLIDATED BALANCE SHEET
:
^.ASSErn-.. ;
postwar
v..«v«
14 week was
Output tea the Deb'*
.
weekly
it,
For
Ci v
i&rss*
;
}!•,!,»
senger
^ame: period,.of.1941-
<v;
I
1
-
,
,
-
4
,
production,
*w,.
the Weqk ended Nov. w,
23
• ;; -v*
v
in the Dec. 14 week
for the previous week
Truck production in the U. S.s fell off
7,290 unlts 'prodttcfed; compared with 7,833
164,
f..
■■
with
Net
$26,908,903 $26,164,1;
Total
•
Vi;. LIABILITIES—
J
Bahk"er$ Terminate Agreements—
Glklf Oil Gorp.-
Notes
investment
and
income
of;
Capital
Dec. 14,'46
Chevrolet—passenger—S yf; 15,592
yv; Truck
6,399
Porltiac
5,008
~
'
*
I
.
i
;
V'
■
■
©Idsmobile
;
;
' T'
i
;
J—L
—
—
Truck
V-idistributed at $63 a. share v up. to - the time that; the syndicate ,
was terminated.
The stock ^closed on the New York Stock Exchange
ia af-59^$, or fractionally beiloW the approximate cost 'of '$60* •
a share to
the uhderwriters. The shares -were ' sold for the: accdunt 251,580 v*307,9I0<
-.^'-.-^
of members of the Mellon family and certain Mellon foundations.122,547
279^83
46 Dec. 13, 41
362;009 ; 9l9;5ii v;
-
-
4,780
:4,809
6,035
889
/*
""4,832 > :;v*
.
Buick
CftdiUte
CMC
: 14,425
6,623
v
..
.'6,121
1,160
104,025
144,737
*26,269
n
v
of
f
Period
Gross
2,314
•*
.for depreciation^
Amirtizktioh .of;, plant
'
500;f
9:288,1..
47,51
;;:f 47,500
,
T
362,683
95,965
14,980,:
15,540,394
$26,908,903
164, p.; 1721.
*
*
*
1,937,984
f.
250,000
•
v
Ltd.—Earnings—'V
Honolulu Rapid Transit Cd.,
$4,534,658
$4,514,762
1.868,072
272,000
160,016 f - 148,875
23,000
;
21,000
Operating expenses -.-.4.;;
Prov.
—V.
vvu:
$882,li
„
—
9,285,945
Total f
1946—12 MOS—1945
$359,398
$373,250;
U
revenue
$1,576,417
taxes.
*»...ai.
Unappropriated
r
Earnings—
Eridf;Ofet. 31—yh/1' 1946—Month—1945
and. other
stock,
Appropriated for self-carried .insurance.
Appropriated for contingencies..
,
3143.
p.
Giilf Power Co.
r
*104,356
48,01.7
Canada
164,
V.
*104,655
31,735
.2,213
Trucks
CM
-
230,082
311,486
-.vV 59,260
.
Coach u
&
Coaches
& t
••
accrued property,
payable,
(Capital.surplus paid
Earned surplus:
Dec. 7, *46 Dec-14;
i
,
,,..
..............
accounts
Long term obligations-..-
The'
ifw:
sf
%
:;2U,
22,446,
Prepaid and deferred. charges—66,373
3143.
p,
'
:?
accounts receivab!e___-__v__—_
273,573
capital 'assets;,__^_^__f22,710,142
.and deferred
.
y
• * ■■
.;
.
' fi;
ri: |j
$3,858,815 $3,344,5
banks, acct; receiv., U. S. Govt, secur.,
inventories of petrol, prod;, mats, and supps.
Investments, in Other, companies, special funds
record of 31,993, achieved in " v ordtna'tltm of the* TFtOblnson subsfdiary'S operations With the parent
"+
"■■H
'■*... ''-r/f.;; company's was completed.■}'.V'x:
approximately 82% of the average rn -; m May,, the Graysph store, located at 533 South BroadWay JLos
.production rate maintained during the 1941* model yefer. *
-p Angeles, was concerted to children's wear;- exclusively; and .children's
the year, to 'date; General* Motors has produced 759,587 P'as-; ;y; wrear depar.tmentkVhaVe sinob been added to seyen-othervstores.*' This
cars- in the. United States, compared with 1,800,322 for the ■ ;,/policy* Of adding children's wear departments Will be continued, it Was
announced.-r-V.
previous. weekly
;
VlX
v
Sept. 30,'.46 June 39,
.,v,v;,';v;*
Cash- in
v
Pei-io'd
v
Gross
End. Sept. 3o—
from
rev.
!
up
$461,582
trans-
;
*
1946—9 Mos.-
1946—Month—1945
299,659
$54,829
$3,560,838
2,890,919
$117/090
portation
.
.
;
$106,754
$669,919
$l/3^i0j
30,838
28/1
j
$l,367;l!
$416,750
Operatihg expenses-—_
.
$4,431,
3^092,
acquisition.. adjusts.-Ji "
Other,
General IfttbHc Btilittes Corp.—Weekly Otiiputs
6l«t>^>output of tiiisr'comp.ny.tor "the week'ended bBe,.:13Fc
1946, amounted; to 142.702,734 kwh.y, an increase of =12,092,870 kwh.,
V'
*'•
'
.
*
corresponding week; of 1945.-
crr9.3%., over the
•
Net
1,391
.
..
,'f \
.
7
%
$fcc.
The
approved ;the
has
•
<
to redeem
.
on
,75
for the
by thb conversion privilege
The pljan Of reorganization of
Associated Gas S Electric Cdrp.
them
\^'
..
[ 7/
„
\t
-,.*
•
.Associated Gas & Electric Co. and
hecabic effective Jan. IV, 1946, With
The plan pro'
tided for issuance Of the convertible debentures to the holders of the'
*7., «"% =8onds ^f 1940. The debentures are-convertible at the^ optibn of
the-holder -hito General Public Utilities common.—V. 164, p. 3143.
declared
„
1
-•
•
•
'
-
Gross
expenses—_
depreciation!^
Amortiz. of plant acquis,
-adjustments iL.0i7.iii;>
General taxes
Federal income & exc.
profits taxes ——
FToV. for
-7:liil
V;
,,/i
7
2,427,722
e——
426,750
Vv/i''j'7'J'=i''"!'7*7••='*'■;7 i1
Gross income ~r—~
Int. bn Wng-term debt.
;
403,000
■'": 1'
^7
Qo.—Earnings—^
1946—Month—1945 "
165,500
712,621
858,284;
)>.;
*i
.
Amortization
*
-
'mium
of ' plant
debt
on
Cril6,608
145,100
Cr0,717
10,177
.5,708
on
.
$402,984
Balance
New Chairman
mm
'*
'.
of Board—
7 ",
in the hands of W. E. Mitchell,
,:,7777n7'*;r
7.; ''7;'7.;:. 77/*^
"3
^
'
7 7'.
;
Famed per
.*'[■
7,''
' ,'
Shares
capital share.....—
—
187d.
7 .;7';7
■
:7.7.7; 7^;;,,7;--7. ;v7;7.;;7 ■7;;-:7
Gimbel Brothers, Inc.-—To Split
-^-Dividend Rate Increased-—
tJp Common Shares..
7;^■:i/;
.The directors ,on. Dec. 17. authorized - a -four-for-three split bf the*
«pmmbn,= stock by. issuing one;, additional share for. each three shares
•outstanding to holders btilecofd- Jap, 2* \9it..7v-W.rti- :
7 .
«
For convenience, the split;, wiR. pe „ef%ted in the form of a stock
•dividend. Certificates for - additional shares Will be mailed./ about Jan.
14 to stockholders, who will not be required to surrender' certificates'
ion shares presently held..-7'
v:r.''/'Jnr"-.///",:7'.vk' 'i_'
.
.
directors also / declared a,
on
.
record
quarterly divldend bf 50 Cents a
the increased common stock, payable on: Jan, :31. to holders
of Jan. 22. In the current fiscal year to date quarterly
■
;i
'
$397,195
85,756
_49,t
?
/
$3,158,694
182,167
196,709
'
$3,340,861
169/757
.
of
f
1
common
standing
$3,560,271
: 223/947
$3,784/218
i
determined/ will have some effebt On the short nihb, months ye
earnings.";
^
corporation anounced the change of the end of its fiscal
to Nov., 30. The previous year-end was Feb. 28,L;.7:,v:7=^;--;.^7*':ff.'7:
;
The marked increases,
according to Mr. Weisman, are largely]
reflection of the company's acquisitions since late 1945, designed ]
broaden Hunt's scope of operations. Included in. these figures are
suits of the California Conserving Co., Guggenhime & Co., and
241,794
Canning
$1,477,797-,
514,312
$1,22=7,721
253:844
514,312
$362,435
$459,565
253,844
*v
■•■.*:
•
Illinois Bell Telephone
.=
514,312,
$1,32
.
$1,18
■
Ine.
—
Bank
$1/325,588 in
•
:
expanding :
made by-
ing
for
the-current dividend check. He
"Restfoam"
prospects for
ohftnical*
_
^
^^r^Rbbihs state^ '..Ifiat'. company.-.Wiii'e operations in ,the_ Ctii4entf
qUarter^^ indicated 'a|/ fccrease/itt both, sales and profits over the three
*.t
Van
19,801
12,230,057 130,114,166 U4;617,«
9,573,387 lQ9;050/466 82,070,1
1,644,865
11,486,168 21,465,1
19,666,605
11,850,043
845,292
I
'
V]'.
f-i/Mtm>II,;.juir^iII.ii>
.
iH|>iiri.jftfi<"
r
.
971,270
1,011,805.
9537i532
11.081,:
723.004
.
771,210
7,527,431
8,930,(
..
]N#bp Co.—Claims Against North Americ
;:v'f ■ 7'!./=:■
Wyck, President of this company: D. E. Ackers, Presid<l
North American. Light & Power
North American Co. on Dec.
The
Co.
-
#55_
-of
Co., and E; L. Shea, President
13 stated that an the claims
Co; asserted agaihst Ndrth AmeficSn Light 8t
and The North American Co. and all the, counterclaims ft!.,
Illinois
pointed out that the expansion is
substantially increasing ther
^ikm
latex
2692,
12,247,234 130,296^302 114,786/1
17,177
182,136
169^
13,686,406
Co. settled—
Allen
.
—
charges...
J Illinois
the
based- onx definite
revenues-
operating income.
after
•
Co.—Earnings—
■■
expenses——
—V. 164, p.
Agreement — To
production of "Restfoam" and
Net
Net
manufacture. of other products,, this corporation is
concluding a loan * agreement with * a group of six banks for. a five1year 2% loan of. $2,600/000, according /to ail ahnoUnceutent
Thomas Robins, Jr., President, in ft letter to ,stockholders accompanyfor
Operating
Operating taxes
•i/\ *,-//. p'
Loan
Production of "Restfoam"-^
/
$1.69
_
$i,288/739 In 1945/$1,166,832 in 1944 and
.
685.749
685,749
$1.32
685,749
685,749
With 'a viev?: to .doubling
facilities
-'Vij.'r*;..-■ =■,:
7)"
'
1946—Month—1945
1946—10 Mos.7,/ /;■■■;■;.-/. $
Operating revenues
Uncollectible oper.
rev.;
$709,641
Operating
out
(no par).!:
Hewitt-Bubinsi
operations.—V. 164, p. 2018.
Period End. Oct.'31—.
X '
1943, excess profits tax.—V. 164, p. 684.
.
Co.
253/844
L
thl
doubt but that net profj
there is little
.
:
H
first half year,
the
for
months bf
per share.
L 7 >:
the third quarter period greater
=-/; The
$1,130,591
253,844
7 514,312
843,917
Earnings, per share
♦Itt'cludes
with net sales of $20,283,474 for the first six
*2,0641627
■
*^, ■7'/''^ V\
2154
quarter-alone will considerably exceed the figure ^br
first six months period," stated Mr. Weisman. "However, certain ;i
visions for year-end adjustments and reserves, which are not its
.
*1,943,383
7
2,
$2,t
for -the third
-
'•
140,872
*1,986,756
102,119
'.
$311,439
year, when earnings were $4.18
"With the volume of sales In
$457,532
•''
*, (
income
pares
68,796
450,299
$3,454,928
$5,1
L Balance
,
l;035,425
466,970
.260,930
,
Hunt Foods, Inc.—Record Third Quarter Sales*/-*$124,047
35,000 ; ■•7: The corporation estimates net Sales to be substantially iiFex'Cfess
=565.
$25,000,000 for the third quarter ended Nov. 30, aecbrdlng tq
announcement made by Frederick R. Weisman, President. This t
1,279,709
.
income
—V. 164, p.
1943
U 'V*
.1*
6,994
(net)
*
m
.p,-.,.
:.Vi
$5,042,666
$1,225,'688
,
n,
77
1944
$2,432,655
__7L-_.
dividends
Common,
7 Vi '
Double
share
$3,855,149
:: 389,588
income
Net
'
.•standing.—V. 164, p.
Of
1,071,118
121,795
$311,919
10,166
$4,888,702
int., etc.__.
pfd.. dividends—
Conv,
;
the three months ended
L?bSbff*:
83,023
$233,371
Dividens applicable to pfd. stocks for the period
118,510,
$2,267,577' $3,320,488
Net income
=i;!
^
Sept. 30, 1946, company reported met' profits of $120,746^; after all charges deluding, taxes, equivalent' to 38 ,,
rcents per share on the 315,000
shares of capital stock now out- ,
{
$4,926,26?
:xj v4
.
;7^|65;078;t/";T34,443?
Renego. adj. for 1944_
Federal & State taxes..
$228/568- •
;• $0.72,
,
7 ; For
$316,394
>
.
.
-
$9,220,729.
Federal income
4,475
124,554
$390,201
,
$113,880
$3,603,428 $4,623,899
" 899,422
870,743
436,428, . / ;: 432,670
profit.!—
Gross income
Cash disct.,
taxes...^—_—....v—368,658
140,090.; »Surplus
profit before
1/466,5
$5,133/.
Other
32,355
78,624
!
1946
Other income
®ARklNGS FOR NINE MONTHS ENDED SEPT. 30, 1946 O
Itfet ?
Het
•
""':+
1,396,032
sales
=r
Mbs. End. Sept. 30—
/■ Operating
.
>
44,221
113,188
:';4 7;■
•p Globe Union, Inc.—Earnings—
.
2153.
^
230,292
$4,852,814
73,453
:-.s
on sale&.i.
Shipping expenses
Sell;, geh. adhiin. exps.
$2,257,253
'-p
its President.—V. 164, p.
3,943/4
25b,0
Total inc. deductions.
$700,957
; 486,212
1
■Hershey Chocolate Corp. (& Subs.)- -Earnings—
$4,933,317-,
2,676,064
=
2.)
200
;
■■rj.y;
$96,199
$6,475
'
$6,347
Gross,-profit
-
253
-.*•
■
FUgelie A. Yates: Vice-Presldent of C'cnimonWealth & Southern Cbrp.,
lias been elected Chairman of the board of directors to succeed - the-,
■/" late Preston S. Arkwright.
Mr- Yates will continue to have offices in"ITew Ybrk and active management of the Georgia utility wall -l-emain..
,
:
*
$131,452
35,000
2,917
?
i—i—L-
*
$4,339,549
;;
.
:
■;/;/'.// 92,745
A.
2,676,064
■
223,005
$9,438
2,917
77 47.
7
-i'i77l' Dividends declared
Crll6,608
* —Vi 164, p. 2287. /;
$7,015,612
223;005
$537,399
.
pfd. stock.
1/174
$109,382
7 22,070
$9,264
ihebihe
Net
,'r,
$314,394 7 $179,979
ihebhie
Wet
DiVs.
2,400
323,449 7 2,591,434
200
Net, operating revenue "':
,
accruals
reserve
Interest charges
3,622,654
Orb,fl7
$8,264
1,819
>»f? f >V
Balance
Retire,
$8,532,109
.»/-■
i7,7i;i%;7'7i.r
■■■' 1
522;651.
;
3:963
9,421
6,489
-
7,919 :
' v-*'?
Net oper. revenues^
Non-operatihg int.—net
5,557,069'
3,579,107
299:749
296,145
$789,443
3,531,942
$703,192 $10,623,212
$829,534
•
deductions
other
"Vr
■••o/'fr"
[4,449,166
,»
7
;
Maintenance
2,470,671;
{3,851,338
<
7 cess profits taxes
All other taxes ;
1946^-12 Mos.—1945
.$58,012
36,364
44,776
r-
Taxes
J
2,060,601
.v ;
.;7, rated use of pr.ops._Federal ..income ,,,&
ex-
Gross
$7,445
Ui.
71
202,801
.
1946—12 Mos.—194
$1,664,223 $20,4.72;860 $20,942,1
627,437
7,923,843
7,025,S
132,590
1,909,250 ' 1,487,1
146,833
1,797,087
l,673,f
-
--
Operation
4,915,332,
5,073,500
Cd.—Earnings—
"ilf ^il4>H'iT
$49,575)843
24,569,720
$4,168;556 $51,912:990
2,001,279
25,855,172
$4,'562,128
revenue.
.
Operating
l,167ta
i $199,1
,
Haverhill Gas Light
.,
1946—12 Mos.—1945
1946-r-Month—1945
18-7,790
152,246
i
Amortiz. of limited-term
quarterly
a
7
Period fend. Oct 31—7. .;
%L Operating revenues
7 i .$66,629..
Teriod End. Oct. 31
$1,795,144
709,861
....
..
:
irr"wb—i
1946—Month—1945
revenues—electric
preferential d'/vidend; of 77 electric- investmehts—
emits per: share and a participating dividend of 50 cents per share
Prev.
for
maintenance
the
preferential participating stock, as well as a dividend of •
& repairs deferred as
cents, per shgre on; the $5. par value common stock; all payable \
a
result
of
accela-=
directors -.have
tp
;
*
■
; : *$32,050
r-
2831.
p.
ibn 7
Maintenance 1
Depreoiation ■" 'li
■'
Dee.
benefits accruing; to 7
of the debentures,
Pfcblic Utilities being: the. surviving company.
General
'->.=vv~'
•
27 to holders.of record Dec. 17
These distributions are subject .
the 37f
Wisconsin privilege - tax. uThe preferential dividend covers ;
p -v
1;;ys
th e quarter frqiii Oct:..I to Dec. 3X 1946.
following .the, 50 'k stock distribution,..made, in June,, last, the bbmpany on June 23, 1946, paid a dividend of 25 cents in .cash oh .the *
compion stook,;' A total of $1 per- share was paid in 1945.^r-y.. 149,;
p. 3874;;;"y. 145,
3657. 7 =77
7 .7 7 *7.7 „ ...
7.1
.
8% gold bonds, , due *
holders of * the* unexchanged
Associated Gas & Electric Corp. the
P'-i&m&i jireserve
>940, of
7; 7;
2$
General should not be permitted -•
Its convertible'dbbenturfes unless it was done-ih a way to ;>
164,
Period End. Oct. 31—
Oper.
-
The
.100,894
92,129
...
Houston Lighting & Rower
4
Approving the. original proposal that
.
revenues—
15Deficit.—V.
=:';
.
■
commiseion; the company planned to sell $6,250,000 of notes.'j':ypp- 'T.
^jmmission;
* The* Commission also vacated a pohditlon-contained in-its prior order
*
.
v
,
*■
1
r..it;=".'
$1,773837
$1,263881
66,156
$143,901
JVC-' 5,513
$82,259
income
5,513
77 66,156
Divs. on pfd. stock—=
Amended Heiinancing Plan—
amenh'ed proposal Of, the borporation ( i. . Balance'
$76,746
$138,388 $1,197,725 $1,707,-181
sell $4,750,000 9-year notes to three banks and use proceeds, With
itsra?
-V. 164, p, 2546.
*rbasury fhp'ds, to redeem Its outstanding convertible dfebtentutes, due ;
}■ "
Jf&n. 1, 1946.
* *
■...-= V = V.V*
V-^VV-.y :
■■■■'■>■
' ■' :
7 "fv
Declares Three thvs.—
Hamilton Manufacturing Co.
In its original application, y/hich was conditionally, approved by,the
'
; ■
Net
Crl3,864 '
33,069
SEC Approves
:'**
etc..
"Yji
-
_
$700,757
733,307
"
'.
;
;
.
Cr2,507
;
/ 2,331 7,
$109,084
$8,190
taxes,
'
Cr2,m
V
.
,
tevehue-r—f—- ;!•/ $120,04?
DeductlOhS,
Cr205
-
Other deductions
f
__r,
dbbt *
mium "On
'1
if""
■
long-term
of
Amortization
"the
.
of
Int.
-
,1
.2,956
revenue—.
Total
Power
against. Illinois Power Co. have beeh
provals, on the following basis:
The transaction by which Illinois
settled^ Stibjefet to rfeqUg^tl =t
.; = •/
Bower Co; acquired ftoin
American Light Es Power col securtties Of Central Tferm. Cp1. to .18021
be rescinded, Illinois Power Co. will return to North American Light
...
fs^mimaxzirKacmm
y*i
THE COMMERCIAL A FINANCIAP CHRONICXE
't*
Co. all securities of Central Terminal Co. now held by Illinois
Co*North American Light & Power Co. will
pay Illinois Power '
|"•<^.*#6,800,080 in'cash..'% .■■■
'*1
th American Light & Power Co. will exercise one-half of the
state,
v
150,000
of
Illinois
Power
Co.
i_i.it-—jjetween
common
companies.—-V,
two
1G4,
2018-
p.
v
,
'—
Sales
—V.
$213,795
214
$2,270,563
2,271
$239,146
185,111
$2,268,292
134,633
1,680,120
'.
~
.
500
298,937
revenues
incollectible
$239,386
__
..
'
rev._
oper.
*<•
'
240
and
f'!i>)^erating revenues
:'
gating expenses —,
I'j Net
;
Shinkle
1596.
;
.
v
Shoe
Co.
Subsidiaries
Coke
-
das
Haute
Terre
Warehouse
&
Corp.
Total
Corp.—Dishwashers
Shipments—
Halsey,
A. C. Allyn &
Almstedt
Inc
network.
'
standard
of
and
^
"
deluxe
chassis
models
Wabash
Atwill
5,037
4,356
4,329
——-
—
-
—
tate and Fed. taxes other than inc.
"Net
income——
164,
.'V'-:\v
'3145.
p.
19,514
$103,281
39,670
taxes
inc.
$72,826
*V. 164, p. 1722.
syndicates,
19,726
$65,851
38,681
; >.
•''
r
' V ~
duce
Indiana Service Corp.—Amends Recapitalization Plan
(p Meet SEC Suggestions—
[ivThe
has
corporation
•
amended its
:
j
,
recapitalization
plan
r
-
conform
to
by the SEC when it conditionally approved the
m,
The Commission said then that if changes were made in acWdance with SEC views, it would enter an order approving the plan.
fvf;The
amendment provides that the portion of proceeds allocable to
ipTeferred
from
sale
200,000 new
of
shares
common
to
Gas
American
Co., is to be divided to give each share of 7% preferred
|l ft times the amount allocated to each share of 6% preferred.
I Based on the $3,300,000 as of Oct. 1, 1946, to be received by the
of preferred, the 1% would get $115.87
preferred
$102.99,
according
the
to
share and the 6%
a
Commission's opinion.
The_200,000
to Dec. 31, 1945.—V. 164, p. 2959.
v
1
'
'■
Detrola
1956;
.
new
•
'
V
:
and
■_
Nov.,
.
tomsoHdated
sales
Hussell
Chairman
•
■
1946
1946
of
the
board
able.
at
and
V4 ,:V. ■-..i.u.im:-■
V
of
|from
case.
people.—v.
Production
will
163,
is
provide
expected
to
employment
;
.
1
;
(b)
International Investing Corp.—Removed from
from
dealings
since
Dec.
2,
1946,
the
$1
[stock,of this corporation was removed from listing at
['Cirri)"Exchange opening of business on Dec. 16. This
the closing of the
corporation's books in
dissolution.—V. 164, p. 2959.
I lion- and
connection
connect:
will
its
be
'
in whole
maturity
at
on
due
stock
$250,000),
to
■
•,
.
>
.
follows:
as
above
such
of
-yW
^ 'accrueci
mortgage bonds,
3%ft
the
sale
of
the
•
Gregory & Son, Inc.—
V
B.
with
Inc.
Carter
bank
4,600,000
and
new
950,000
-
Stix
&
Holders
of
iebentures
$16,589,000 of
for
redemption
)fcal^represents 637?
vhen .the
4 ft ft
of
as
of the
debentures
close
the
have
of
apply
Corp.—Redempsurrendered
business
Dec.
the
listing
Stock
on
Oct.
31,
notes
f J.
J.
—
—
437,831
—
)vision for
depreciation—;_i—
,.^-other than Federal income taxes
■
577,540
703,759
profits
cess
rWsii
•
taxes—.—
;
v
'
•<
.■Net earnings
Other
from operations.
income (net)
;' \i>?v
.
iGross
income
income
•
$2,074,877
■'!
Thomas
1
;.
1
•
-
•"
Townsend, Dabney &
Hirsch
&
—
Co
450,000
Johnson, Lane, Space &
Co., Inc.—
^
Kalb, Voorhls & Co
Loewi
&
100,000
&
Co.—
Martin, Burns
bett, Inc.
STOCK
&
Inc.
E.
Wyatt,
Neal & Wag-
The
which
SEC
was
HISTORY
souri&
AND
through
Light
Co.
principally
electric
except
that
with the
200,000
;
new
■
'
■
'
*
■
No. of
^
...
^
•'
'
..
.
>.
1
P.
c-vr
,0:-
..
tawo
Iowa
of
restrictions
trust, to be
all.
irr
any time
bonds are to
dated
contained
as
to
a
into
loan
a
in
of Dec.
Principal amount
Drexel
No. of
Estabrook & Co.
10,000
—
Co
&
Shares
10,000
First of Michigan Corp.—
Hawley, Shepard & Co.—
Maynard H. Murch & Co—
10,000
Harriman Ripley & Co. Inc.
10,000
Kidder, Peabody & Co
10,000
Coffin
&
Burr,
Hallgarten
&
Inc.—.
Co.——
Putnam
& Co.—
5,000
5,000
Bosworth, Sullivan &
Fahey, Clark & Co.—
The
Klrkpatrick-Pettis
McDonald
&
The
Co.
Ohio
Co.
1,000
1,000
J. J. B. Hilllard & Son
2,000
1,000
1,000
—,*^1,000
Co
^^I.OOO
—t
'
__
Co—
Corp..*
2^00
^iiliam('Bl^lr;& Co.——'2,000
__
Cleveland
5,000
'
2,000
2,000
2,000
5,000
First
2,000
'
Reynolds & Co
5,000
Brothers &
2,000
2,000
—
Co.—
J^OOO
rf-
■
of
the
oustanding shares of
i
first
preferred stock, series B, have
redemption on Feb. 15, next, at $115 per share and
will be made at the Guaranty Trust Co. of New
York, 140 Broadway, New York, N. Y. The regular quarterly dividend
due Jan. 1,
1947 will be paid in the usual course on that date to
holders of record Dec. 4, 1946.
V-',
called
for
Payment
are
available
said
for
immediate
stock.—V.
recapitalization
164, p.
payment
15,
of the full redemption
1947, upon presentation and
3145.
plan
the
of
company
is
13.
and gave the company 30 days to
In-Its
findings,
should go
the
SEC
declared
to holders of outstanding
amended
be
also
unfair
The
to
its holders
Commission
of
withheld
file suggested modification:
said it will enter an order
distribute
to
only
7V2%
each
share
the
of
It
common.
for
new
common
said the plan
of
should
5ft pre¬
and
6
7,
ferred, one share of new preferred, cash in the respective amounts
of $9, $8 and $1 and new common shares in the respective amounts
of 11, 9.23 and 8.—V. 164, p. 2288.
; <
? ;
,
(G. R.) Kinney Co., Inc.—50-Cent Common Dividend
On
Dec:
16, the directors declared a dividend of 50 cents per Share
stock, payable Dec. 27 to holders of record Dec. 23.
with the dividends of 25 cents each paid on Sept. 26 and
payable on Dec. 26, latter declared on Oct. 23, total dividends for 1946will amount to $1 per share. Nothing was paid in 1945,—V. 164, p. .727.
the
on
common
Together
be
to
,
with
the
and
of
two
was
formed
predecessors,
Carroll
in
in
to
includes
Kansas
/
a
lesser extent
iSfin
Mason.
'■
4,
Mis-
Power
sale
in;
the
distribution
an
and
area
is
Uity, Mo,,
ah^
.
..
;
sale
in
of
of
the
iMhsas City, Mo„ and
ah;] area in northern
Gflj^figijdistributed onlv ih the
City.,,
■_
2-
in
City
AajjiMfied^damoufit
<1)1
hiib
furnished
of hot water
JiiouiqKu
:
•.
1946—3 Mos.—1945
1946—9 Mos.—1945
taxesprofit after taxes—
$1,031,715
619,401
$1,397,273
$4,735,457
$5,298,263
485,226
2,739,832
1,801,492
$0.83
$0.65
$3.67
$2.41
♦On
its
County Electric Co.
Company is engaged
generation, transmission, distribution and
tW
downtown
1922
Kansas
Subs.)—Earnings—
♦Earns, per share—
Net
be
agreement.
(&
.Period End. Sept. 30—
Net profit before
1, 1946.
are
contract
Lambert Co.
be
the
Whereby Continental has
regulatory bodies having juris-
BUSINESS—Company
consolidation
in
which
■
■
f:
.
Shares
■
The First Boston Corp
Blyth & Co., Inc
746,371 shares of capital stock outstanding.
NOTE—Above
for
Federal
net
income
subsidiary.—V. 164,
LaSalle
and
energy
SnrtfAAR A^
which owns all the outstanding securities of Inter-'^
200,000
names
of the several principal under¬
preferred stock and the respective number of shares
preferred stock severally to be purchased by each are as follows:
of new
■
time be
any
at
may
addith nal
^.dn
..
1
^
b0Ii1:ds4i0^ a11 series which
unlimited
•
'
^
be
approval of
of Minnesota.
r
•
*
1
fi : Interstate proposes to increase its authorized common stock to $550,000
consisting of 5.50a. shares (par- $100), from $250,000.
- *
•.
;
^>It>also will issue $350,000 of new, 4ft, first mortgage bonds, due
J,
may at
additional bohds
100,000
F. S. Yantls & Co., Inc.
_-
1-
v •;
of
$525iooo shs!
which
150,000
-
'
'
addUionfti0 ^harSaSAef on or bef°re March 1, 1947, such number of
fo^ $3 500 000 in cash C° °n 6
as Continental,. shall determine
$643,094
,
on
•
710,000 shs.
series
AolSff ft?'
1.94.6' the comPany fentored
Krplri' «nwiiteS!& Ele,ctric CorP-.
agreed, subject to prior
has approved the recapitalization plan for the company
filed Jointlv by the company and its parent, the Northern
^orthern5States,
all
pursuant
673,784
States Power Co.
of
JcCo.w
—
the company fails to comply, the SEC
disapproving the plan. The company's plan provided that each holder
a share of its outstanding
7, 6 and 5ft series of preferred get one
share of the new preferred,
nine shares of new common and cash
in the respective amounts of $9, $5 and $1.
/
V
* ",!
' " T
to
stock
$36,000,000
-V, 4,000!000
.
Wood
goner
Cor-
150,000
-
PURCHASERS—The
writers of the
A
100 000 shs.
mortgage and deed
|i4VU;164, p. 2547.
•;
'
]3
' -' •*". ,r •
v•
;
:'' 1
'
'Js; Interstate Light & Power Co.—Plan Approved by SEC
I
f
Corp,
Cummins,
;
—150,000
Harold
100,000
—
100,000
——
Wachob-Bender
200,000
150,000
Co.; Inc
300,000
—
Wheelock &
—
Kalman
Co
&
Tyson
preferred stock, the SEC declared Dec.
Outstanding
200,000 shs.
rtiwln to evidence bank loans
delivered fA°le,S^aggrePtiinff, $4'000-000
$1,316,878
$1,028,380
—
bonds
Si? on]y ln, accordance
indenture of
'
——
t
$100)—
100,000
purpose.
42,378
$2,104,698
1,076,318
——;——
(par
unlimited
Ant^tanHf1^0U^!'i
outstanding will
:
v
of
course
FINANCING
*
,
,
Co.—
&
850,000
its order
sale of the new bonds and new
,funds. necessary to redeem all outstanding first mortgafife bonds, 3 A/o series due
1966, and first preferred stock, series
B,
will be irrevocably
deposited in trust for that
$1,274,500
29,821
NEW
150,000
100,000
-
Stokes
Kings County Lighting Co.—SEC Holds Plan Unfair—
an/0?e^
trust, dated Sept. 1, 1922,
rwif Concurrently with the issue and
...
——,—
—
is
due
950,000
-
100,000
surrender of
except that
nre
issuable
accordance with the restrictions
contained in the first mortgage
as amended and supplemented,
only
907,999
——u—
iterest, special charges, etc
;"i'-v
338,509
^——
—
1976-
par)*—.——_——.
Provision for estimated Federal income and ex2
stock
amount
$6,859,878
2,988,869
346,970
669,572
671,967
"
lintenance
TO
cumul. preferred stock
Common stock (no
1945
$7,651,999
3,519,483
——
EFFECT
—
preferred
In
preferred
Authorized
due
3.80%
f'v:\
•
1946
——'
revenues
GIVING
series
-r—-
Cumul.
outstanding
Iowa Public:Service .Co.—Earnings—
new
100,000
Co
..
Exchange.
mtge. bonds, 2% ft-
Serial
Update—during the period from Nov. 1, 1946, to Dec. 31, 1946.—V.
184, p. 2959...
y
)perating
Jpetation
and
Funded Debt
1st
1946,
company
Months Ended Oct. 31—
bonds
new
,
$26,051,000 outstanding
,
}yl2
the
950,000
Co._
Walter
-
LISTING—Company Intends
of
CAPITALIZATION,
This
announced its intention to retire the debentures,
alders nf the debentures were given the opportunity of
obtaining imaediate payment of par plus accrued interest to July 1, 1947—the
r
FOR
the
York
New
their
16.
for
&
&
200,000
—
Co..
200,000
Co.——
&
Funds
expense
payments, the proceeds of
thereto, and the amount of the pro¬
to working
capital will be corre¬
•
Harrison
100,000
Stringfellow—
Smith, Moore & Co
price, plus accrued dividends to Feb.
added
•
2
If
APPLICATION
;
International Telephone & Telegraph
•
Co.
&
Hayden, Stone & Co.—
been
proceeds of the bank loans, will be added
the extent that the
proceeds from the sale
preferred stock may be insufficient for the
reduced.
Scott
Hill
new
loans
H.
200,000
Robinson-Hum¬
Shields
Harris, Hall & Co., Inc.
"
.'
Inc.—
phrey
100,000
——
.
100,000
:
L. F. Rothschild &
Harley, Haydon & Co.,
dividends.
the
To
The
Hanauer & Co.,
;
.
100,000
Reinholdt & Gardner—
-
150,000
.
100,000
&
Inc.-
Ranson-Davldson
Co.,
1,200,000
J.
All
payment of expenses of refinancing (estimated
any balance remaining after payment of such ex¬
capital.
The
1,200,000
450,000
"
100,000
Wins-
Quail & Co.
300,000
100,000
Marshall
Forgan & CoGreen, Ellis & Anderson
100,000
>./
-
' ;
bonds
new
&
Glore,
&
Christensen,
250,000
U!air,'4
$41,800,000
from
200,000
Folger, Nolan Inc.—
Foster
the
bonds and
spondingly
.i*'<
loo.ono
1*0.0'
-
Calls Series B First Preferred Stock—
:
.
.,
Baker^,Weeks.,# Harden—
sale
:rt«o
1966—_—:
and
such
low, Inc.—
Peters, Writer
&
West
Spencer Trask & Co.—
Dean Witter &'Co.^
—
•;
,
..
wj
described redemption, and
bank loans will be
applied
ceeds
100,000
100,000
*
2,500,000
Co._
Perrin,
Stern
remaining after making the above described
payments
together
working
of the new
liquida-
._y
^'iued" dm-
iftterest,
applied to
penses
common
the New York
action follows
with
the option of the
company
to time prior to
time
Co.—
——
100,000
payable
property at special
The initial general redemption
price is $104.43 and
redemption price is $101.44 plus accrued interest in
Any balance of proceeds
Listing
par
from
To payment of redemption
price (exclusive of accrued
shares of company's outstanding
first preferred
stock, series B—
"
preferred
at
Suspended
Interest
J dividends) of 40,000
;
•
.
part
»
'.series
50 miles
begin in January, 1948.
for an
additional. 2,500
2855.
p.
redeemable at
in
or
,
and
new buildings and plant will be provided at Geelong,
Melbourne.
time
[a ViTn riaVmsnt, Af ro/lAirWHMAr>
(a) 'To payment of redemption price
(exclusive
decided to engage in a manufacturing program in
involving
a
capl .al
expenditure
of
$5,297,200.
Itr conlarge-scale manufacture of tractors and motor trucks, : for
This ^.expansion
1976.
principal
.t;::^;inter^stv-;of $38,OQQ,U,0,Q Hrst.
-The company has
[which
1,
PURPOSE—Company Intends to apply entire proceeds from the
the new bonds "and new^eferred*
Stock,^^ exclusive"^"of
0
1
;
Australia
Dec.
,
initial special
each
dends
International Harvester Co.—To Manufacture in AusUS*
due
^nd Dec. 1 of each year at-the office or the
agency of the
New York.»or Chicago.;, The definitive bonds
will be in
in denomination of $1,000, registerable as to
redemption prices.
1'
...
1946;
in
Bonds will be
any
the
that
:
1,
30 days' notice.
Bonds will also be redeemable
upon like notice
for the purpose of the
sinking fund and the maintenance and replace- '
ment fund or by the use of proceeds of
released
"the dividend for the first quarter of this
I fiscal .year, which began on Nov. 1, will be considered when the results
oToperations for that period are more clearly defined."—V. 164, p. 2547.
Itemplates
1
Dec.
least
.
Feldmann added
dated
'
100,000
Park-Shaughness & Co.
Patterson, Copeland &
Kendall, Inc..
Clement A. Evans
-
only, and in fully registered form in denom. of
$1,000 and authorized
multiples thereof. Coupon and registered bonds are to be
interchange¬
1945
President, anItWUnfefed that the directors on Dec. 13 took no action oh the customary
J November dividend on which a decision had been deferred last month.
[SDfetiSbutions of 25 cents. each were, made on the 1,200,010 shades
I t&tsteahding on Feb. 1, May 1 and Aug. 1, last, and on Feb. 1, May 1,
Aug. 1 and Nov. 22, 1945.
/
Mr.
-■
•
&
Northwest
250,000
Co., Inc
Farwell, Chapman & Co.
Fidd, Richards & Co
stock Is redeemable at $107.70
per share on or
1, 1951at $105.70 thereafter but on or before
Dec. 1,
at $103.70 thereafter, in each case
plus accrued dividends.
form
coupon
$5,597,843 $40,981,473 $36,244,179
—---
Feldmann,
.t
■
Years Ended Oct 31
Month of
.
150,000
Co.
O'Gara
Co._
Eikins, Morris & Co—
preferred
are
June
on
Corp.—Sales Up—No Dividend
- > I
.
•
j.
Pacific
DempWT&gCa_—
Dec.
company
r
Alfred
Otis &
150,000
from
interest
•
Bonds
International
200,000
200,000
Davis, Skaggs & Co.
one
bond
new common shares of Indiana are to be sold to Amer- * :.
icah Gas for $6,287,500 plus adjustments.
Of this total, $2,987,500
is to be paid to Midland Utilities Co. parent of Indiana, in settlement
The
lof [demand notes of $2,739,000 principal and $1,677,727 accrued in¬
before
terest
200,000
Co
Trust
.100,000
1,200,000
Co.
Union
Co.,
Milhous, Martin & McKnight, Inc.———
Newhard, Cook & Co.—
750,000
&
Dain
&
Merrill Lynch, Pierce, •
Fenner & Beane—
200,000
150,000
Dallas
Concurrently with the sale of the new bonds and
preferred stock, the company expects to borrow an ag¬
gregate of $4,000,000 against its serial notes from a group
of banks, the proceeds to be added to
treasury funds
which, in turn, will be used for property additions. '
Fnrthpr
'
•
;
Further details follow:
MfelElectrio
[two-series
100,000
100,000
'
.
—-1—
&
of Dec. 16, two underwriting
issue
Mericka
Inc.
100,000
M.
$100,000
100,000
Wm. J.
1OO.0OO '
&
Inc.—'
Co.
Cruttenden
'."v
3%% to 2%% and to retire
40,000 shares of $6^ dividend series B first preferred
stock.
The bonds were offered by a syndicate headed
by Halsey, Stuart & Co. Inc. at 101.43 to yield 2.68%
and the preferred stock
by The First Boston Corp. and
associates at $102.70 a share to yield 3.70%.
made
•suggestions
■
100,000
Co.-
Securities Corp—
Julien Collins & Co
ing to $46,000,000 in par value.
Consisting of $36,000,000
of 30-year first mortgage bonds and
100,000 shares ($100
par) 3.80% cumulative preferred stock, the offerings
will accomplish a refinancing
operation intended to re¬
$66,142
;
-
&
Co
City
headed by Halsey, Stuart & Co. Inc.,
the other by The First Boston Corp. placed on the
and
37,138
;
750,000
Co., Ino
Caldwell Phillips Co.—_
market Dec. 13 senior securities of the company amount¬
"
S $27,169
-
•.
Co., Inc.-
Brothers——
&
Burr
Kansas City Power & Light Co.—Securities Offered
As mentioned, in our
'
46 029
19,009
fbtbl other deductions—:————
■r.Net 1ncf. before Fed.
421,036
$112,495
—
Mason-Hagan,
J.
—v.
1944
—
$4,670,168
1,645,360
Mason, Moran & Co.—_
McMaster Hutchinson &
100,000
Baum, Bernheimer Co-
•
$628,694
isurance
Co.
Co,—
Atkinson, Jdnes
aggregate
now
&
—-———-$16,000,000
Allison-Williams
than 7,000, Mr. MacDonald disclosed.
He said production sched¬
ules call for an increased output in December and for the addition
of standard and deluxe cabinet models to the line early next year.
1945
$5,670,793
1,647,892
deductions——
Stuart
units,
Shipments
$540,381
370,818
45,973
.->33,866
1946
$4,655,556
14,611
Net Income——
—-i—$4,022,901
$3,024,807
BOND. PURCHASERS—Names of the several
principal underwriters
the new bonds and the
respective principal amounts of new bonds
severally to be purchased by each are as follows:
•
which are of all-aluminum construction, are manufac¬
tured at the Bristol,, Pa., plant, of Kaiser fleetwings, Inc., and are
marketed through
the nationwide kaisSr-Fr&zet and Graham-Paige
Corp.)
oduction sales and oper. revs
38,693
taxes-
income---——„1—
income
of Kaiser jet-propelled dishwashers totaled 3,631 units
month of November, it was announced on Dec. 19 by
MacDonald, Vice-President in charges of sales.
A.
sales
$720,219
fg. and oper. expenses
.——488,583
intenance and repairs—-——61,969
dmin, and selling expenses—33,126
Quarter Ended Sept. 30—
2,152,339
4,423,818
-156,597
profits
3,221^481
$5,514,196
excess
86,670
-
(net)_—
mconm
2,264,915
2,228,023
;
Operating income—-I
Gross
more
and
and
7,888,948
1)104,237
■f
2,287,589
taxes—
-
1,047 250
8,147,437
1,198,380
—
>
the
The
y-;; ■
.,
1,138,250
state, local and misc. Federal taxes-——
income
1945
;
.
—
...
Kaiser-Frazer
224,164
yj'v-
resale—-——
i
V/" ' "
1946
in¬
——
business.
$23,822,029 $23,573,761
—
——
-
water
V.
•
—
electricity purchased'for
State income
Federal
I
•
"
"vr-'.-'A
revenues
Depreciation
Shipments
during
Indiana Gas & Chemical Corp.—Earnings—
(Including
■
.
heating and
STATEMENTS OF INCOME
-
of
$369,582
$288,735
158,977
$39,912
23,845
$27,331
13,383"
operating income
St after charges..——
-v.* 164, p. 2547:
•
'
Ended Sept, 30—
Maintenance
V:,'
development expenses,
W.
3'
III., Chicago
.
Other
p.
ing
and the balance from its
operating
Gas and
,
^
ent for lease of operat¬
[
•**
Total
Secondary
Offering—Keinholdt & Gardner and Stifel, Nicolaus &
Co., on Dec. 13 effected a secondary distribution of 4,000
shares of common stock at $13% per share. — V. 164,
—
,
M
'V,
\
company on Dec.
12 filed a letter of notification with the
for 5,252-shares of common stock to be offered at par ($10 a
share) without underwriting.
Proceeds will be used for improvement
438,952
erating
l!
'/
''
•
Months
12
..
.
•<
The
500
38,986
"■/:
^
gas business
\ '/<•
.
SEC
1,269,589
50
.
$2,078,623
property
.
50
elating taxes —26,654
'
,•
Operation
$2,080,682
2,059
$213,581
*;
1946—48 Wks.—1945
Johnson Power-On Tranmission Corp. of
1946—10 Mos.—1945
1946--Month—1945
End. Oct. 31—
2547.
p.
$8,785,046" $6,090,990 $78,964,592 $57,401,491
—
164, p. 2959.
—Files with SEC—
Earnings—*
Indiana Associated Telephone Corp
-
arid two iri Kansas.
For
the
eight months ended Aug. 31,
1946,
approximately 91.88% of the gross operating revenues Of the
company '
were
derived from' its electric
business, approximately '%M%\ from
6%
the
on
Sales Up, 44.2%—
1946—4 Wks.—1945
Johnson-Stephens &
l^'-POriod
heating service is furnished in the downtown Section of
Masori City
Iowa.
Water .is sold in • three small
municipalities, one in Missouri
mortgage
,
^
*
•
first
new
waive
to $455,635 at June 30, 1946;—V. 164,
Period End. Nov. 30—
Terms have in the main already been tentatively
those
Interstate 6% first
common shares, v
*
>;
all accumulated Interest
will
Mondays December -23^ 1946!
T"
,y< f
its
the provisions
be revised.
also
Jewel Tea Co.—Current
for acquisition by The North American
»f (pf the publ'cly held.stock of Illinois Power Co.; Accordingly, North
itterlcan Light & Power Co. and The North American Co. will divest
..JkuSelves of all'holdings in securities of Illinois Power Co. The necesI sary changes in the plan heretofore filed by North American Light &
[Power Co. and The North American Co. will be filed as promptly as[practicable with the Securities and Exchange Commission. -The power contract between Union Electric Co. and Illinois Power
JopBttl
States
bonds amounting
,pt the provisions far integration of Illinois Power Co. with Union
..trie Co. and
additional
3,350
Northern
stock.;,
C of The North American Co. will be amended by the eliminashares
and
bOttds
exchange for the $350*000 af
bonds in
.mortgage
itts held by
purchasing 150,000 shares of Illinois Power
kin stock at the warrant price of $30 per share, and will surider to Illinois Power Co. for cancellation the remaining warrants
L&WerApg
surrender for cancellation $966,000 of
will
'
profit
and
p.
is
before—or
excess
after—as
profits taxes and minority interest hi
2693.
;.
Extension University, Chicago—Extra
The directors have
declared
both
quarterly dividend of 7V2 cents per share
payable Jan. 2, 1947 to holders of record
extra distribution of 10 cents per share
An
—V. 164, p. 2019.
;
Div.—
extra dividend of 20 cents per share
an
and the usual
stock,
stated—provision
.
;
<
■
was
v
_
on
the common
Dec.
23, 1946,
2, 1946.
made on Jan.
-
Lefcourt Realty Corp.—Calls 50% of Prior Pfd. Stock
The corporation
-;the
shares
without par
has called for redemption on Jan.
represented
by
each
certificate
value, from holders of record
.
ft.V.
i■ [:
on
of
prior
Jan.
15 next,
50 ft
preferred
or
stock,
3, 1947. The share*
,
,,' 3
;"•■;•• ['•ftfo&tl
H.'.-
■
/* *•*► m,
■Mma
z-*
.
•■
!
fov*
*
1
•
^xoe«toa^tmssiK7tiXs=tt-3»r; sz * r ^*jfiasfi»n
t'zmwtsntoten#*
r*K."T v*t.
*ww,r
if ^&FINAl^I^C^^
c'Numfeer 4£53^!;':1' >*X>:
Volume i64
called for redemption will be redeemed by the payment of $46.50 upon
surrender -of certificates on or after Jan. 15, 1947,at The Commercial
National Bank & Trust Co.-of New York, 46 -Wall St., New York, N. Y.
dend
.
,
:Litchfield & Madison Ry.—Chairman Elected—
Hospital,
of Mary
,
■?*>>?'•
162,
Trust
&
ll.
p.
trustees,
Co.,
231
La* Salle St.,
So.
The
•'
was said,
164,
A.
Kent,
has
President,
announced
directors to
ing a meeting of the board held
Those
elected
to
the
Treasurer,
director
mittees
Twentieth
of
board
and
Dec.
on
of
the
fill the
tenance
of
the
Century-Pox Film
three
Corp.
A.
and
new
Henderson,
executive
also
and
com¬
director
a
of
numerous
subsidiaries
of
Twentieth
Century-Pox;
and
Claude
W.
Berkley and Louis Gruber, both of whom have been with the company
number
a
of
in
years
the position
of
Assistant Sales
to his present position, Mr. Henderson was for a
associated with Lehman Brothers. Before
Joining
he
associated
was
with
Halsey, Stuart & Co.—V.
.Louisiana Power & Light
Period End. Oct. 31—
Operating
Operating
Federal
1946—Month—1945
$1,178,192
656,214
519,257
158,036
69,383
172,752
71,125
80,400
142,000.
2i;413
21,413
Other
taxes
..H;
Prop,
retire,
res.
appro.
of
plant
acquis,
adjusts.
The
7,039,179
Net
oper.
$192,746
agent
Other
income
2,421,781
914,751
2,029,080
1,725,000
256,958
256,958
800,241
Interest
Amortization
discount
Other
int.
of
<fc
■
37,585
are
Divs.
Crl39
Cr354
$91,429
$147,133.
Dean
Witter
&
&
503,577
131,723
79,232
33,682
Co
—
164, p. 2693.
Cruttenden
L—
r
'
Crl5,675
5,000
&
Sales
and
Other
oper.
income
-
Costs ,and
'356,532
$810,798
Prov.
-
totaled 34,495t000 kwh., as .compared with 26^50,000 kwh. for the
corresponding week last year, an increase of 30.9%. OiftpUt let the*
1946, totaled 1,447,078,000 kwh., as compared
with 1-,430,466,000 kwh. for the previous 52 weeks; an increase of
1.2%.—V. 164, p. 3145. V.
,
Dallas
'
dbtfl.
-
•
Y?.
^loyd S. Gilmour, senior partner of Eastman, Dillon
As Co.. and Roy
of Guaranty Trust Co. of New York, have
Other
'
y
Fed.
and
taxes
profit__;y_; ; $239,533
1944
increase
an
—V.
164,
in
p.
of
the
company
authorized
was
capital
recently
amended
to
provide
-V.
income..
on
11,087,284 *; 9,609,353
'
^
£
273,064
.
..
17,821
$122,094'
♦$88,511
$729,910
was
Incorporated
Jan.
<b)
rig
440,044
32,496
y
187,000
$1,250,146
,
;
&V
42^95
!', •: 119,000 *93,000
•
The
'62,529
the
164,
$584,616
of
,
;
$218,210
/
$329,437
Savannah RR.^-Extension of Bonds
its
;
4• •'•n':
in
reorganization
in
1946,
the
Seaboard
Air
Line RR.
Co.
the
properties,
bonds.—V.
140,
p.
but has
3900.
assumed
no
liability
y.'K''',
with respect
U-.;.?
.'y- ly
elected
OIL
This
DIVISION—Corporation
division
tion's
oil
tion's oil
is
now
reserves
activities
one
amount
Hunter, President of the American Transformer Co., has
director.—V. 163, p. 1160.
are
RIG
BUILDING
■
divi¬
erecting,
'The
dis¬
thereto.
rig building operations led to* the
work, of road
construction,, excavation of well locations,
pile driving, and repair-and maintenance of oil field. structures,;,-This,
in, turn, led to similar work outside the oil fields and to a
broadening
construction activities of the corporation to include such other
as
dams,, reservoirs,. aqueducts, pipelines, airports, highways,
bridges, foundations, wharves, piers, breakwaters, drydocks, shipyards,
waterworks, irrigation, flood control and drainage enterprises;
* >
work
$946,790 $10,516,613.
936,543
'
.
820,428
10,409,502
r
SEC
Dec.
on
from
5
issued
an
order
approving
the
Approved!
acquisition
the* various
f
per share, or an aggregate .of $1,500,000, and the acqUl-1
by Michigan Consolidated of the assets and the assumption-of ]
incident
Y
to
i
;
the
liquidation
June-j
northward]
are
Y
fields
where
in
the
ultimate
about
program
15,000;-'
Storage Co.'s serving utilities other than Consumers upon appiioar j
tion
and proper showing.
Facilities authorized for
*
>
*
construction
'
"
include
146
miles
-
'
of
••
*r"'%
24-inch
from Freedom Junction to the Winter-;
Fields together with laterals extending I
to the city gates of Lansing and Alma, Mich.; 414 miles of 12-inch.gaS j
transmission line extending from the Cranberry Lake Field to Muske¬
gas transmission line extending
field and Cranberry Lake Gas
gon
River compressor station;
a
compressor
station-of 6,400-HPf
capacity at Freedom Junction and a 3,200-HP capacity compressor
Bradley, Mich.; installation of new city gate measur-|
ing and regulating stations along the new transmission line at Almo, *
at
points of intersection of the new 24-inch line and Consumers?
Power's Owosso-St. John line and
Lansing-Brighton line, and near?
station at North
the drilling and connecting of about ?
of necessary gathering lines In;
N
; -i«fl ? 1
In addition, the company was authorized t.o acquire from ConsuaMM»a
Power the Muskegon River compressor station which has a
capacity]
of
4,000 HP;
a
65-mile pipe line extending from the station*to*
Zilwaukee. Junction near the Cityr of Saginaw; two 8-inch lines, one]
extending from Cranberry Lake Gas Field to Muskegon River Com-?
pressor Station and the other from the Junction of State Highways.
M-20 and M-30 to the new 24-inch line; three metering stations,.- andl
the north
city- limits of Lansing;
235 storage wells; and construction
connection with* the storage fields.
dis¬
firsf^
-
storage
.
Offered—Loewi &
29% Of
eightthis year was accounted for by the
coils division; 11 %s%yi>"heiitin§ units, 9%
by cooling units, 50% by
refrigeration equipment and 1% by special products. * As materials
become
more
readily available, the company anticipates increased
the
.
West !
of
Kalamazoo, Jacksdn, Bay City, Royal Oak, Owosso, Alma and Marshall. I
The Commission's order conditioned the authorization upon Michigahl
company, with twp plants in Minneapolis, is a leading Middle
manufacturer 'df^ 'afr-conditioners.
refrigeration
equipment,
shipments.
-
'
-
of Consumers Power Co.
apd would purchase and receive;
from Panhandle at city gates for delivery to the Flint-Owosso, ]
Pontiac, Jackson, Battle Creek (Marshall) and Kalamazoo Divisions? of
Consumers.
Consumers serves gas
customers in 241 Michigan com>
munities and townships including Flint, Saginaw, Lansing,
Pontiac* j
Western
for
by]
gas
Hollywood, Calif.—Stock Offered—
heating ' and cooling U^itiP^^ySimilar products.
Products
tributed/through; J^-hfetidhvride sales organization.
About
sales
7,984,092
Divisions
Co., Milwaukee, Bell, Farrell & Stebbins, Inc., Madison*
Wis., Park-Shaughnessy & Co., St. Paul, Minn, and
Heronymus & Co., Sheboygan; Wis. on Dec. 18 made a
public offering of 50,00(1 shares ($1 par) common stock
at $5J75 per share. ;; Pxoceecl®^ from^ the financing will
be added tG working capitally ?
The
$8,290,214'
y
quent
Bateman, Eichler & Co.; First California Co. and associ¬
ates on Dec. 17 offered 200,000 shares of common stock
,
CONSTRUCTION DIVISION—The
affiliated
$961,708
000,000 cubic feet will be placed into storage each summer for suhsH
withdrawal and delivery to Consumers and to other?* public!
utility customers. At the same time, the company, through laterals!
from a new pipe line to be constructed from Freedom Junction to the s
storage fields, would sell and deliver gas to the Lansing and Alma |
•.•V.-
company
McQuay," InCi Minneapolis—Stock
Corporation has engaged fn
of ithe
,;:y'.::J;'y--
(par $1) at $12.50 per share.—V. 164, p. 2960.
<
of
v'"
the
Gas
marketing operations.;
consists
\
Max Factor & Co.,
,
building
■
31,
this business continuously since- its organ¬
ization and is one of the pioneers in this field.
Corporation, also buys,
sells; and rents steel oil well derricks.
y
y„,y
'
$75,610,810 $66,773,880
: 4,613,312
54,802,387
44,109,446
1,321,806
10,291,810
14,874,220?
$358.68
to
Borrow
through 1974.
to 19,499,200 barrels of oil.
The corpora¬
limited solely to production; it does not
engage
DIVISION—Rig
970,679
84,468
>
$6,881,908
-
will issue to Columbia from "time to time prior to
Aug. 15, 1948, up to $7,000,000 of instalment promissory notes which
are
to be unsecured and non-negotiable.
Notes will be repayable in
equal annual instalments on August 15 of each of the years 1950
first
mantling and - repairing, oil derricks and facilities incidental
6,106,751
$66,858;3#8
.
The gas which will be purchased from Panhandle at Freedom
and Zilwaukee Junction,
Mich,, wil) be transmmitted
company applied Dec. 9 to the SEC for permission to borrow
Electric Corp., a maximum of $7,000,prior to Aug. 15, 1948.
'
y y
The proposed loan is needed to complete its construction program
through 1947 and 1948, company told the SEC.
began its oil operations in 1944.
of its most important businesses.
Corpora¬
in; refining, transportation or
*
Mos.-iiS4
Michigan Gas Storage Co. — Authorized to Construct J
and Acquire Facilities for Gas Storage; Project—
' y
a
Ji"
Sept.
building division; (*c) construction division; (d) lumber
rotary mud division, and (f) crushed rock division.
$8,039,138
.j-.
1946^10
'
$6,891,958 $75,307,009
10,050
196,199
The Federal Power Commission announced Dec: 5 an order
granting J
a
certificate of public convehience and necessity to this
company of
Jackson,. Mich., to construct, acquire and operate facilities for" the
storage of gas in the Winterfield and Cranberry Lake Gas Fields in
Michigan. Total cost of the project-was estimated at approximately
$20,107,549.
Y'tV
Michigan Gas Storage proposed to store natural gas received from
Panhandle Eastern Pipe Line Co. during the summer season and to
withdraw and sell the gas during the winter months, thereby meeting
the day-to-day requirements of Consumers Power
Co. and possibly
other
public utility customers, while purchasing natural gas from]
Panhandle at a high annual load factor.
' y*
1947,
1972.
guaranteed principal and interest on the $1,529,000 outstanding Macon,
& Savannah first 5s;
The reorganized road owns a 46% stock
the
rev-
the liabilities of West
Michigan
Michigan.—V. 164, p. 2549.
DUblin
to
Co.—Earnings—
1946—Month—1945
$8,062,495
V 23,357
1596.
p.
The; company 'haa asked holders of .its first mortgage 5s, due
to an extension of the rriaturity of their bonds until
interest
oper.
company
sition
$584,616
Sought—;
to
Telephone
revenues
sumers Co. of all of
IH---- '
to, agree
Prior
Hi
stockholders 01. West Michigan ;Con- j
the outstanding capital stock of West Michigan
con-j
sisting of 4,182 shares of common stock (no par), for the casft priCfe
663,000 '
'
7• Ur22,0O6 i -Crll3,000 ?
$162,545
;ia'
NOTE—For mechanical reasone it it not alwayt
possible to arrange companies-in exact alphabetical
order.
However, they are always at near alphabetical
position as possible.
520,235
$381,533
$342,155
".:v-26,945
The
(e)
sion;
surplus,
^
earned
,,
*
000
stock from $450,000 to $500,000.-
BUSINESS—Corporation
(non-refundable), $167,856;
$74,202,063.—V. 164, p. 2156.
,
total,
operating income
Net
after charges__„__
—V. 164, p. 2694.
■:
215,944
from its parent, Columbia Gas &
for
2959.
AND
stock
stock,
plant, $17,863,126; reserve fur Federal income;
$514,417;, other reserves, $212,843; contributions
Net
:
612,418
; $162,545 y; .$l969l0 ; $216,437
H.'-'
.
;of
profit
$7,000,000—
as Macco Construction Co.
Name changed to Macco
5, 1946.
The corporation
is engaged in six different? businesses,
each
of
which is operated as a separate division, as follows: * (a) oil division;
on
utility
Operating revenues
Operating expenses
Openating taxes
164,762
8,814
Manufacturers Light, Heat & Power Co.—To
Nevada
in
re¬
(360,780
tlon
on Dec. 18 offered 100,000 shares of
capital
(par $1) at $18.50 per share.
HISTORY
dividends
and
construction
Uncollectible
21,520,681
219,142
219,061*
>
IhH)
taxes..
Thomas M,
Macco Corp., Clearwater, Calif.—Stock Offered—Dean
1929
,,,
prepayments,V$7P;«
Michigan Consolidated Gas Co.—Acquisition
Hi.- y'-'-
Macon Dublin &
been
Witter & Co.
Corp.
of
prior years,
of
Operating
$9,964,743 $22,433,176
$12,094,861'
$382,036
'
l._—
Federal
y
stock
stock
preferred
Period End. Oct. 31—
•
shares held.
the
y
SEPT. 30,. 1946
accrued, $519,415; interest accrued; $360,241; other current;
liabilities, $90,024; deferred credits, $28,191; reserv&'To*!
Michigan Bell
1943
Manhattan Life Insurance Co.r—New Director—
St., Lynchburg, Va.
charter
parents.
VA:
1945
142,501 ;
:
Refundable'portion
;
Net
Scott, Horner & Mason, Inc., Lynch¬
burg, Va.; offered to purchase fractional share warrants until their
expiration date at $1.11 for each one-ninth share. "
"•
Subscriptions were payable at the office of the company, 600 Main
The
cumulative
cumulative. preferred
.
for
aid
2,500
2,000
Inc.'
Rupe & Son——
/
(Va.) Gas Co.—Stock Increased—Rights—
nine
on
$2,865,947;
;
of record Nov. 14, 1946, were recently given the
subscribe on or before Dec. 10, 1946, for 5,000 additional
stock at par ($10 per share) on the basis of one new
for each
such
of
accrued
taxes
in
shares of capital
share
reorganization
depreciation
*
stockholders
to
$3,041,797
—-"—-Year Ended
349,698
Total .income
»
-
The
the
other taxes
.
right
$2,637,322
No. of Shs.
y
income
v
Mr; Gilmour is also a director of Minneapolis-Mollne Power Imple¬
ment Co.; Farnsworth Radio & Television"Corp.; Pacific Western Oil*
Corp.; U. S. Plywood Corp.; Surburban Propane Gas Corp. and Allertoh,
N. Y. Corp. His firm, Eastman, Dillon & Co..- headed the underwriting
group which sold M, Lowenstein & Sons preferred and common stocks
la$t Jnfarch. This was the Initial public distribution of securities ,of
this cotton goods house which had been 6 family concern since the
business was established in 1889./ '*
'
"
' y
*."»
Mrj" Passmore is identified With the General Banking Department
of the Guaranty Trust Company, and is a director pf the Kennedy
Valve Manufacturing Co.—V. 164, p. 3145.'.V
^ .;.y
Lynchburg
$3,647,23t
■)
shares .no par), $10,823^400;
($100 par), $12,500,000;Vpre-l
$173,250; Metropolitan Edison
Co. first mortgage bonds, 27/o%
series, due Nov, 1. 1974, $24,500,000;
York Haven Water & Power Co.
50-year 5% bonds,< due June lr195|,
$1,247,500;
accounts
payable,
associated
companies,' $73,374; otherr!
accounts payable, $469,804;
dividend payable Oct. 1; 1946, $121,875;;
customers' deposits, $114,999; Federal income taxes
accrued, $l,555;89l;i
,
''
"
accts.__
T_;—l;—___— '
■
Balance
4\-~y;l;y
-
$3,84^615
1
surplus—,
series
mium
■4
18i;688
for
Other deductions
4'Vsx'y-.yy
..
Cr671,OOol
$2,976,231;
.
EARNINGS
3,142,811
expenses
Operating
i
52 ! weSks ended Dec.114,
(M.) Lowenstein & Sons, Inc.—New Directors:—
Cr275,000
in-
LIABILITIES—Common
3.90%
y
Selling, gen. and admin;
,
H. Passmore, Vice-President
been elected directors.
—Cr579,0C0
Federal
1,612,308'
740,304
,,
accounts * receivable, $1,148,411; interest
$11,220; materials and supplies, $808,060;.
deferred debits, $26,024; total, $74,202,063.
363;
of
Bank
ly.'y
Wagenseller & Durst,
$3,913,731
356,532
1946,
$3,566,615
ceivable,
,
y_—,LJ_—
Total
-y.
$1,167,330
14,
625,706
$2,462,797
$3,000,000;
$3,668,378 $11,963,070 $10,024,360 $22,328,715
245,353
5' 131,-791
Dr59,617^
104,460
rev._
^.——
Louisville Gas & Electric Co. (Ky.)—Weekly Output—
;
550,606
$2,637,322
„
ASSETS—Utility plant, at original cost, $62,819,937; investment;.!^
accounts, $4,906,256; cash .in banks and on hand, $1,396.279*
deposits,
$21,512;
U.
S.
Government
obligations,
at cost,;
Cr5,551
the week ended Dec.
112.54W
special
Intang.', oil well drilling
of this company for
$4,58&,639j
fund
Bank
National
of
Co._5,000
$1,881,867
rii
$4,306,919
BALANCE SHEET,
401,980 shs.
Savings
&
Merchants
view
Mitchum, Tully & Co— : 3,000
10,000
6 MOs. End.
y.7'
output
y"
SUMMARY OF
costs
Electric
Trust
&
?;y;.\ v.?
r
,
;72,500
Co—
California-
of
509,517
190,997
Co.
expense
-V.
y.y
No. Of Shs.
$1,525,335
.
applicable to preferred stock for, period—
Balance
;
$3,088,503
♦Resulting from deductions, in consolidated returns, for Interest and;
charges on securities of former indirect parents, (reor-1
ganized In Jan., 1946), which deductions are no longer available in
follows:
as
$1,836,701
3,401
.$3,187,928
'
~~3~038
$2,639,998
-
in
Balance,
UNDERWRITERS—The ■ names of the principal underwriters
and
the number of shares which each has severally agreed to purchase,
$1,833,663
±
——-J-
National
Farmers
June 30,46
10,906
"~4~283
Int. charged to construe.
Net' income
is
Y;/ /
■
•-
debt
expense-
deductions
&
$147,399
42,017
41,550
bonds
mtge.
on
$2,602,307
V*"l02
$192,827
750,000 shs.
•-
Citizens
is
$4,241,803
65,116
$4,476,1
23,578
amortization
Outstanding
Authorized
,
.
Pacific
101-
(,net)_w__
'
..
.
registrar
$3,064,925
taxes
come
will be used for the purpose
retiring outstanding bank loans.
Any balance will be applied to
the purchase of new construction equipment.' •
'
:
"
y
Dr20
income
Gross
$147,297
deductions
♦Reduct.
of
Schwabacher
revenues
.
37,720
Net income
PURPOSE—The estimated net proceeds
6,561,755
727,775
transfer
Angeles.., The
Of Los Angeles.
;
Income from plant leased
to others
.
:
y
'
•
'.
Los
utility
Amortization
-.
.
Capital stock (par $1)__
V
$1,073,844 $13,570,050 $13,599,398
i,
.
y
1330.
p.
shop.
CAPITALIZATION, GIVING EFFECT TO PRESENT FINANCING
Brothers, '■>
1946—12 Mos.—1945
revenues
taxes
Manager. Prior
of years
Co.—Earnings—
expenses
yty "jj
$3,150,207
1945, the corporation acquired
the
number
Lehman
164,
against
well
an
estimated
cost
of
$250,000 the corporation is purchasing
installing modern equipment to increase the output and efficiency
Brisbane operations.
The management anticipates that this
program should be completed early in 1947.
Since the corporation's acquisition of this quarry,
the output has
been increased to a current rate of about 250,000 tons per year, and
this output also
represents the capacity of the present equipment.
When the new plant is completed, the corporation expects to increase
its output further to about 500,000 tons per year, about 10% of which
will
be
utilized
to
make
asphalt paving material, and expects , to
operate the quarry at a through-put of about 3,000 tons per eight-hour
day. Based upon past experiences it is not expected that this plant
will operate to
capacity because of the decrease of business during
the rainy season....
Y;_.
; '".V
^
of
Donald
are:
the
wall of
At
existing vacancies follow¬
finance
the
seal
and
11.
directors
member
election
to
rock
of
(P.) Lorillard Co.—Three New Directors—
H.
members of the board of
lubricant,
a
Income
1872.
p.
as
crushing plaht and a lease of a rock quarry near Brisbane, a
few miles from'South San Francisco, Calif.
The site also serves the ■»
corporation as
a
construction
division equipment yard
and main¬
Logansport Distilling Co., Inc.—Acquisition—
Co. below—V.
is.used
CRUSHED ROCK DIVISION—In May,
a
.
Sugar Refining
It
—
50 %
through threatre purchases and increased distribution
abroad..
^
.
c
The corporation is buying foreign films for distribution in American
markets.—V. 164, p. 829.
yy'
"J
.
'"•
National
the'.total
V
v
Operating Incomecave-ins, to prevent the fluid from permeating the well walls, to carry,^
Other income
out„of the well the cuttings which are subsequently screened permit¬
ting the re-use of the fluid, .and as a column of liquid sufficiently ' ,
Gross income
heavy to counterbalance gas pressures encountered within most wells....
films
Bee
bringing
r
*
.
well.
about
of
$777,024,
—
is the beginning of a long range company program
to buy theatres in Europe.
The company now obtains about, 40%
of its gross income from foreign sources and expects to increase this
to
totaled
to $4,532,394.
.
,
Chicago,
reported to have purchased a theatre in Antwerp,
Belgium, and to have acquired holdings in the Rialto theatre in
Geneva and the Capital theatre in Lausanne, Switzerland.
This, it
October
.
is
company
in
Oct. 31
on
yard at Clearwater,' California, where it' will be used f Operating revenues ^-'-2 $13,302,948 $12,519,880 $17,680,661 $16,908,(«4f
4,942,607 ...4,638,863
6,462,738
corporation's construction' activities', or sold at retail. Purchases '■ Operating expenses
6,44T,42X|
from independent mills are being continued to supplement the volume
Electricity purchd. for
.resale
of lumber used and sold,
1,458,217
788,083
'
1,783,753
T,
.V
Maintenance
767.449J .757,471
;1,035,156.
ROTARY MUD DIVISION^-Corporation i§ engaged in producing and-',
1,005,01®;
Pro vis. for depreciation
selling an alluvial clay commonly known as "rotary mud," which
of utility plant—
1,287.000
1,296,000
1,725,000
l,718,2Mk
when ground and mixed with water, is used in the drilling of oil
Federal income
taxcs__
1,033,000
1,282,000
1.597.00Q
1,398,00^
wells.
The mixed fluid is pumped irito the drilling well through the
Other taxes
655,467
701,536
835,209
8.80,024
hollow drill pipe, returning between the drill pipe "and the wall of the
,
Loew's, Inc.—Buys European Theatres—
received
v
in thd
There have been called for redemption on Jan. 15, next, $15,000 of
first refunding mortgage serial bonds, series A, due July 15, 1955, at
and interest. Payment will be made at the Continental Illinois
Bank
orders
backlog of orders
,
corporation's
,
par
111.—V.
New
.
-
National
In October; shipments amounted to $366,201, an increase of
$1021,345
Septemher and an increase of $72,299 over October last year.)
.
over
,
^
Chicago—Partial
.«
32931
The company had sales last year of $3,567,582
tSinCe fhfittime the? liunber1 Activity has been carried ,
and, for the firsi
nine months of this year, $2,733,798. " Net
on: as a division of the corporation."
>
"V'y
;
earnings last year, afterOn Aug. 1, 1946, the corporation purchased a lumber mill ftftd mill ■* all charges and taxes, were $65',532 and "for the first nine months
Of 1946, $33,352.
equipment with a daily capacity of approximately 40,000 board, feet,
After present financing, capitalization will consist of
near- Azalea,
Ore., and /contemporaneously therewith purchased or
only a $2^760'
first mortgage loan and 500,000 shares of authorized* Common stock;
acquired the rights to a total of approximately "25,000,000' board feetYwith 190,000 shares outstanding.
of timber, consisting of Douglas fi* and pine, conveniently accessible
;
y
' /
: '
;
:
'
;
i;
to the lumber mill.
Corporation paid approximately $165,000 for this •
mill, * equipment and timber and an additional sum of approximately
Metropolitan Edison Co.—Earnings—
$5,000 for an Inventory consisting mostly of logs."
H';--*
Period End. Sept. 30—
Most of the lumber manufactured at this mill will be shipped to the
1946—9 Mos.—1945
1946—12 Mos.—1945 '!
-
Little Company
Redemption—
in
the corporation,
e. A. Lahey, Vice-President of the Quaker Oats CO;,'has been elected
Chairman of* the board, effective on Jan. 1, 1947.—V. 163, p. 2583. ?
J:
DIVISION—-Corporation's requirements for lumber and
oil field work led to the fortnation pf a wholly owned Sub¬
LUMBER
timber
sidiary,-Macco Lumber Co., which was Incorporated Jan. 29, 1929, in *
California.
In 1940 it was dissolved and its assets were distributed to
The
redemption price of $46.50 includes $1.50 representing the divi¬
payable „if earned during the fiscal year ending Sept. 30, 1947.
The dividend of $1.50 has already been earned and its payment has
been authorized as part of the redemption price of the preferred
Stock.-T-V. 164; p. 1596.
{_
y„../H. Y
] -..S
y, :
,..U
^•v
/•'«<<.'.
■
•*
.
all
rights and facilities in the Cranberry
Three
additional
800-HP
Muskegon Station during
^
*
1 ■nr.
compressor
1947.
and Winterfield Gas Field®.]
were to be added to the]
units
THE COMMERCIAL &
FINANCIAL CHRONICLE
Number 4553
164
Volume
authorized, $1,100,003, it pt? w%tm> feecame out*
Sing on or before Dec. 12, m§. Holder* ©I the 6%
iferred stock signed exchange agreement* covering
*0000 of the amount to be toed and the remainder of
TS-a'qOO will be delivered at par to two insurance com*
iies with which firm purchase agreement* have been
teeuted.
«flunt
fsa'ssnsr1"8 jan-2-19«'must ca"fthe ^ «•
,the, deP0S,lt receipts
'•
1*4#
-—lUn mi
amtloss provision, lcjs IHMtmi.**...
uts
Set finance
cost of
duct
income
Period End. Oct. 31-
Operating
Operating
KkMtft
—'
Federal
•7.924
CHI,?**
-.
BA'JINCS
ASSETS—Cash,
»#•*'a
si|
•anted
i
sj
stoc.c
\tl99
arooimta
Otferred
to
|«f
fxar*,
*'ii
fl
F.
ames
nr".#**
cutive
Excbanf* •« Stafi, If Wmtmd lh*t §eUV*He*
•
4MNfj|
I
over
20
J.'-'
also
years,
R^Mfd A.
associated
was
suoreed*
hJMi
*•
p*
rr**i4*»t
ef
'•I te
Jt
'!f;i
,.
*
r*wf|
*H#
York, and New York fir# Xafi«r#»e« C*.
Pire
has
ry
■
made
Insurance
Co.—V. 164, ft,
elected
directors
of
ter
».;
a
have
record
during
rearages
presently
specializing
in
a
defclarwl
Dec.
on
23,
dividend
the
4NT
4*
clfts# A #10*1,
at Oct.
An initial
distribution of 10 cents per common share was
1, last, Mr. McCandless stated that the board approved
plans for further expansion to bring the company's produc¬
than
more
40,000
and
passenger
truck
tires
per
month.—
(89.50 par) 5% cumulative preferred; 30,000 shares (150 par) common,
options for purchase of 25,000 shares of common, exercisable
year after present offering.
Prices, $1,000 per debenture, $9.50
a preferred share,
150 a common share and 10 an option.
The se¬
and
succeeding
curities
*14*
»«r*
to
be
offered
to
a
group
for investment,
certain of
by Carl M. Loeb, Rhoades & Co., and certain
represented by Roberts & Co. Proceeds will be used for
represented
are
payment of outstanding liabilities,
supplies and for working capital.
pmd in each
for
purchase
of
equipment
and
Domestic Credit Corp.—New Name—
See
ft©mi I* tAtflW*! I# *3.30 per
e—V. 164, p. 2015.
are
are
of whom
tent# per there on
payebk Jen, X 19*7
Uk#
1946.
1, 1948 V«t
Domestic
Industries, Inc. below.
**
t
-i
rown
,#t I
«W<
Zellerbach Corp.
m
-m
tward freight, etc
r
operating income,
IHt
the
$50,1^8,298
—
net,
lends
from
Pibreboard
goods
Producti
sold
43.033.415
Dec.
V.
and
4.517.953
amortizationI.<Mt5.41d
413.331
expenses, net of other
before deduction of iaxe*
J States and
ome taxes
«ss
profits
been
changed to
*3 *4*.024
on
13
in
the
class
recorded
were
A
under
common
the
new
stock par value $1 beginning
name
of the corporation.—
164, p. 2689.
v
taxes,
net
Pacific
Mills,
^profit for
■
5.357.571
ril^'-r—^
683,899
60£
35.551
*3.676.732
*1.10
5ht9
common share
16*, P. 2406.
organized April 29, 1946,
to engage in the design, manufacture and sale of heat
transmission
equipment including air conditioning units and coils,
various types of commercial and industrial refrigeration equipment,
electric drinking water coolers, and aircraft heat exchanges.
Com¬
pany acquired as of May 1, 1946, the business and assets of a co¬
partnership known as Drayer-Hanson.
The assets of the business so
acquired included the
entire inventory of material and work in
process, all equipment, machinery, jigs, tools and dies, leases, patents,
customers' orders, accounts receivable and cash.
The company manufactures 25 standard products, all of which are
produced in various sizes.
Principal products include air conditioning
equipment, commercial and industrial refrigeration equipment and
plectric drinking water coolers. During the war period the company's
accordance with a
the procedure for
tram itory proti*«m ot th# Constitution of
depat-it, and the plan for Issuance of parwill' id'**#©*• ■.*•. J**).:
1947, of
*sl
of $5
per $1,000 bond on *urr*»4et of th« Jan.
1, 1947,
•n
from the first mortgage 5*3 iKMrror *aid Ponds, due 1952;
3f
832.52 per deposit receipt for 11,009 •flgwal principal amount
fd
bonds ($3.31 interest payment. *1* 30
principal amount and
1
cash payment in lieu of
participation <*rt«;cate» for 1946,
Rt,ng
certificates,
to
$13.71
payments
less
Cuhin
-
ta*
^
*9
root#
to
bo
withheld
at
Drincipa^
to
holders of record at the close of fcusiras# on Dec, 21. 1946.
in payable on the bonds at The
Royal Rank of Canada, New
N. Y.
New York stock
ex-interest
products
included also aircraft heat exchangers and related
items-<
,
;F
will
of
in
Dec.
be
used
land
13
units,
preferred
units
at
filed
each
and
$100
letter
a
of
three
notification
comprising
one
share
no
one
unit
per
for construction
other expenses.
and
years.
of
of
share
par
with
the
$100
of
par
to
common,
be
without
underwriting.
Proceeds
broadcasting station, purchase
radio
y
,
Eastern Massachusetts Street
Ry.—$15 Dividend—
The
trustees have declared a dividend of
$15 per share on account
accumulations on the preferred
stock, payable Dec. 30 to holders;
of
record
Dec.
20.
to $75
per
After
this, payment,
share.—V,
arrearages
the
on
163, p. 3283.
will
issue
V
•
Eastern New York Power Corp.—A
syndicate headed
by The First Boston Corp., Smith, Barney & Co. and
Merrill Lynch, Pierce, Fenner & Beane on Dec. 19 of¬
fered
$9,861,000 first mortgage bonds,' 3y4% sinking
due, 1961 at 102 and interest. Dated Dec. 1,
1946; due Dec. 1, 1961.
fund series
The Issue
awarded
was
received
were
both
for
Dec.
17
3ft%
a
on
bid
a
coupon
of
101.24.
rate,
viz.:
101.17, and Halsey, Stuart & Co. Inc.,' 100.16991.
ORGANIZATION
AND
BUSINESS—Company
Two
other
Blyth &
Co.,
bids;
Inc.,
•
organized
was
as
electric corporation under the Transportation
Corporations Law of
New York on Feb. 15, 1943.
On Dec. 3, 1946,
State of
•
Excharge on Dee, 13 4'iftttH that the bonds
per il.OOO hond «wa Jan. 2,
1947; that the
Corp.
York,
Hudson
an
the
Hudson River
were incorporated
water
and
System Properties, Inc., which
merged into Eastern New York Power Corp.
;
Corp. was organized (as International Hydro,in 1925, the present corporate name having been
were
River
Corp.)
Power
power
properties, but, like Hudson River Power Corp., was not
carry on a public i tility business.
In 1932, Hudson
Corp. and System Properties, Inc., acquired most of their
present properties directly or indirectly from the International Paper
Co., then an associated company.
At the same time the nine water
authorized
to
River Power
power properties were leased
At the time of the 1946
in
industrial
and
in
the
business
customers
the
of
and
to
to
International
Paper Co.
the two merged companies were
generating and selling electric energy to
merger,
non-affiliated
electric
utilities
for
resale
business of
owning water-power properties, some of which
(non-affiliated corporation) and*
others.
The company was formed for the purpose of
acquiring the
properties of such merged companies.
Its operations are carried on in
leased
are
to
International Paper Co.
the eastern and northeastern sections of the State of New York.
properties of the company in the State of Maine are leased.
The company is engaged
Some
primarily in the business of generating and
selling electric energy to non-affiliated industrial customers and utilities
and of leasing its water-power properties to others.
Company owns and
operates three hydro-electric plants on the Hudson River near Glens
Falls, N. Y., from which electric energy is sold principally to New
York Power & Light Corp. and Marinette Paper Co., non-affiliated
corporations.
Company owns and operates three hydro-electric plants
on
the Saranae River near Plattsburg, N. Y., from which' It, s^lls
electric energy principally to Republic Steel Corp.
and New York;
State Electric & Gas Corp., non-affiliated corporations, and to the
city of Plattsburg.
Company also owns and leases to International
Paper Co., under agreements expiring in 1962, nine water-pOwer
properties on the Hudson, Ticonderoga and Racquette Rivers in New
York and on the Androscoggin River in Maine.
In addition, company
owns
lands
and
water
rights
on
the
Black,
Grasse,
Racquette,
Chateaugay and Saranae Rivers in New York and cn the Mattawamkeag
River in Maine.
These lands and water rights are for the most part
undeveloped.
',S
The company owns approximately 56%
of the voting securities of
The Indian River Co., which controls the operation of a dam at the
outlet of Indian Lake on the Indian River, a tributary of the Hudson
River.
This reservoir is operated for the benefit of the stockholders
of The Indian River Co., Including the company, who are the owners
of certain lands riparian to the Hudson River.
Company also owns alh
the capital stock of two inactive companies.
■*
,
■'
PURPOSE—The net proceeds (estimated $9,803,276) and $3,000,000
in cash to be received by the company
from^the sale to International!
Paper Co. of 30,000 shares of the company's preferred stock ($100 par)
are proposed to be applied together with other corporate funds toward
the payment on or before Jan. 1, 1947, of $12,866,000 International:
Paper Co. first and refunding 5%
sinking fund mortgage bonds
due 1947 (due Jan. 1, 1947), payment of principal, interest and sinking
fund on which was assumed by Hudson River Power Corp. (one of
the merged companies) as of Dec. 31, 1931.
CAPITALIZATION, GIVING EFFECT TO PRESENT FINANCING
Authorized
First Mortgage Bonds:
•
Outstanding
•
Unlimited
sinking fund series bonds, duo
Dec. 1,1961
Debt to
river
"■Preferred
(due
1,995,741,
—
stock
stock
Common
$9,861,000
$9,861,000
regulating districts
1947-1974)
($100
($25
30,000 shs.
t30,000 shs.
320,000 shs.
par)
par)
320,000 shs.
"■The dividend rate on preferred stock is 4% per annum to July 1,
1962, and thereafter 5% per annum.
tBy agreement dated Dec. 4, 1946,
Paper Co. agreed to purchase for investment from the:
company the 30,000 shares of preferred stock at $100 per share, plus
International
accrued dividends.
*
Authorized
Class Ji' shares
I
SUMMARY
j
Common shares
—v.
($1 par)
^
—
($lipar)^^X-----*-4»*-
164; p; 953.
.:
■';;;v
.
.
Outstanding
$447,423
$447,423
150,000 shs.
100,000 shs.
* 350,000 shs..
"J"vvt^
_
•
140,000 shs.
v_; .,o^
OF
EARNINGS
(MERGED COMPANIES)
Calendar Years
9 Mos. End.
$937,365
1,001,149
1945
$1,380,891
1,337,157
1944
$1,231,289
1,338,935
1943
$1,230,148
1,350,542*
$1,938,514
Sept. 30,'46
Operating revenues
Other
income
$2,718,048
$2,570,224
150,803
200,348
200,282
$2,580,690
188,185
164,284
44,049
53,388
37,447
for
117,900
156,350
155,000
96,000
eral income
171,527
226,372
266,351
213.468
$1,334,000
816,736
$2,088,929
$1,895,203
$2,045,590
1,105,261
1,121,340
1,136,697
$517,264
$983,668
$773,863
income
Total
Operating expenses
Maintenance
—
Prov.
depreciationother than Fed¬
Taxes,
Balance
Income
.....
..
-
|t receipts be
quoted ex $3332 pe* *t.<te3 drooAtt receipt on
1947; that the bonds and deposit receipt* dull continue to be
*a
"llat," and the bonds, to b# A delivery A* eetUmeat of
in New?
deductions
CAPITALIZATION, GIVING EFFECT TO PRESENT FINANCING
$5
offered
California,
_
?st
ioted
next
HI3TORY AND BUSINESS—Corporation was
in
RR.—Principal and Interest Payments—
t"10n
cumulative
3ft%
—
Ltd
company on
530 share
for
6%
Toward
13,712,283
13040825
80,529 class A shares of
par) stock at $10 per
($1
PURPOSE—Company proposes to apply the net proceeds to the
following purposes in the following order of their priority;
payment of accounts payable
$390,000
To payment in full of loan to the company from Maxwell,
Marshall & Co70,000
Toward payment of leans to Security-First National Bank,
Los Angeles, including T Loan—
234,761
2,218.052
1.804.074
frta*
period
18 offered
Dec.
Registrar, California Trust Co., Los Angeles, Calif.; transfer agent,
Security-First National Bank of Los Angeles, Los Angeles, Calif.
*7,734,409
§5.807^47
on
cumulative convertible
share.
39,244,
*6.922
4r.y
^ per
Uba
shall & Co.
1,863,918
Dominion of Canada Uxm;
after taxes on incom
r"y stockholders'
equity in etroin**.
PoMfio
..
Domestic Credit
Drayer-Hanson, Inc.—Stock Offered—Maxwell, Mar¬
367,350
*4033
Jfit
wllv
ally
-
iias
0
36.059,395
*,39*.*39
.n-T--
„
expenses
Elation
t
this corporation
Transactions
J1T3L209^506
534,464
234**65
?t,on
1
of
*3* *6«,07d *50.572.269
of
ating
e'
name
Corp.
exclUJirt »f *#>•
tal
r
It was announced on Dec. 13 that the New York Curb
Exchange
has been advised that by amendment to its certificate t>f incorporation,
1945
*QoW*n*fn
discount^
for
'
Domestic Industries, Inc.—Changes Name—
(& Sab*.)—Earnings—
Months Ended Oct. 31—
[• net of returns,
The
SEC
engaged
one
1946.
as
is
company on Dec.
13 filed a letter of notification with the
for $100,000 5-year 4%
sinking fund debentures, due 1951;
*100,000 7 ft-year 4% sinking fund debentures due 1954; 10,000 shares
Directs—
of the board «l dtrwror#
member
a
accumulations
olders of
'Sh*i
which
164, p. 275.
whom
w»t
Co.
SEC
ESS*
Bowers, of New York, who rtsigaed,—f» -III,
le
director.
a
Dispensers Inc., Brooklyn, N. Y.—Files with SEC—
'roww Cork International C«p<—40-Ccnt Dividend—
*'•4
ac-
Th*
«r# *
*roM|
to
tion
Hemphill, of Chicago, lit, **««#* In OoJdm##, S#ch# St
been
been
Oct.
on
tentative
V.
'ream of Wheat Corp.—New
C.
has
and
was
4rtrf»il
in»es
as
(Conn.) Building
housing project.
ord Dec. 20.
Insurance Co.
York
Inc.
The
also elected * dimtw n&4 Ytce-President of
roon &
Reynolds, Inc., and » diwto* of th* Amttmmo Equitable
urance
Co.
of New
York. Globe At Anrobiie lnturaao* Co. of
?rk#, Mechants and Maaufsctuiert tnenrenro Co. «i New York,
D
bidding
board on Dec. 12 declared the
regular quarterly dividend of
IP cents per share and an extra dividend of 10 cents on the
common
stock, both payable Jan. 3 to holders of record Dec. 20. The
regular
quarterly dividend of 12ft cents per share on the 5% $10 par pre¬
ferred stock also was
declared, payable Jan. 3 to stockholders of rec¬
Wilde, Vice-President of Corroon At. X<y««4d* ta*,, «*t fleeted
of the American
EquitaWe *w»«e« Co. Of It* York,
chants & Manufacturers Insur#ac«
Co,, of Piw Y«rk, *ad New
New
the
over
It was organized
adopted in 1940.
primarily for the purpose of
owning and developing water power properties,, but was not authorized'
to carry on a public
utility business.
System Properties, Inc., was
organized in 1932, primarily for the purpose of owning and developing
8tamford
■„
Corroon, Jr.,
competitive
Mr. Tunney's other business associations
include directorships of the
Michigan Chemical Co. and Eversharp, Inc., and he is President of
R.
A.
Co.
quarterly instalments
Equipment
—
Wilson B. McCandless,
President, on Dec. 12 announced the election
Gene Tunney, former
heavyweight champion, as Chairman of the
Tunney has been a member of the board of directors for
tho past year. He succeeds Russell
McCandless as Chairman but the
irector
t Fire
$1,121,625
board. Mr.
"York; President and Director of the Cttwfc# At Renablt# Insurance
America, and Preside#t of the A«eerlf#n- .Sguitohie Aacurnnce
aft
&
equal
Eastern Broadcasting €o.,
Inc., West Hempstead, N. Y.
$1,542,786
421,161
of
i
of
*
$1,681,423
334,935
& Western RR.
Stuart
for
issued,
of pre-payment without penalty.
proceeds, will be used for the purchase of additional equpiment,
principally 14 new Lockheed type L-649 Constellation
transports.—
V. 164, p. 1591.
•
Electric
?ilUam J. Reynolds was elected CfeelflB** ^ Ifce tmivd *f Demon
Reynolds, inc., and Merchant# At M#Rur*eisim» XaaurMiet Co. of
•
Halsey,
12
Denman Tire & Rubber
Co.—Tunney New Chairman
—Extra Dividend of 10 Cents Declared-
XotU intP
Co.
in
Power
veterans'
of New
<ro$ |j
by
General
On this basis the average annual cost of the
proceeds to the
applicant will be approximately 2.23%.—V.
164, p. 3141.
Corroon
Corroon
*1
Co.
$1,418,152
Crl24,G34
per
made
was
Manufacturers
Insurance
$135,603
"
2542.
latter will continue
urance
$141,410
427,450
$1,346,488
.
aolds. Inc., operating manager# *1 the imuram-e tompunm knftwii
the "Corroon &
Reynold*. OroupM
*lr. *»r?f mm eiae elected
cutive Vice-President of the AmetKNin tqummate hsmt*m* Co. of
v
York, Globe & Republic ln*um»re €# e* Atttmt, Merchant*
3$ Iff
?
$2,108,873
Ctfs.—
annum,
cepted.
Corp^-New Frtsldent, Etc—
V; •
Barry, who
surplus
$110,435
Cr25,168
banks, bankers, investment
houses, dealers in securities, and insurance
companies the bidders
being required to specify in
multiples of Va of 1% per annum, the rate
of dividends to be borne
by the certificates. In response thereto 1
bid was received. This
bid, 99.435 and based on a rate of 2ft %
Corroon has been elected rw».l*et« *»4 Cfe*irw»» «f the
Committee to succeed few Iwm' -Lilt*-
Ctors. '
dr.
$208,322
66,912
res-
the
has been eVottd tMPVtNl
*nd ft.- A.
Jr., and W. J. Harrington hnf* *ee« tietvtd I* IA* honrd *1
•roon.
surp.
procurement of certain
equipment.
The report of the
commission states;
The certificates were
offered for sale through
and invitations to bid
were also, sent to 138
ohn R. Barry
i|
77,071
*CP on Dec' 12 authorized the company to assume obligation and
HaWlity in respect of not
exceeding $4,000,000 series E, 2Va% equipment-trust certificates, to be issued
by First National Bank, New York,
trustee, and sold at 99.435 and dividends in connection with
■roon.
) #
560,000
77,183
President and
—Files with SEC—
•<
30.
Corroon & Reynolds
560,000
Rickenbacker,
provides for 1ft % revolving credit*notes
m«.agreemen,t deludes the right
The
8,773
A
as
preference stock and mm/mm rn^k,. ftp to %®4 including
1946, may be made either wtth
to lndii
temporary or with perm, nent terttfiicat®# at ptvwm heutf issued;
t beginning Dec.
31, 1944, *mlf panaaaiai
«A present
tg issued shall be a1 deliwry.*~V. 1*4, *, till.
■vC'v^
46,667
4,784
6,734
V.
17.
years, with a ft of 1% commitment fee
applying to the
balance. At .the end of two
years 13A% notes will be
payable
$2,055,223
46,667
$1 81
$2,046,450
-
all
tonttactlMrie*,
S3 prior
ItS
164,
I rust
****,»
Stock
$2,746,056
7,666
■
E.
Dec.
on
^e. tean agreement
two
amount
neon#,
$351,800;
York
$161,886
IDelaware, Lackawanna
ttocl
New
$261,723
$2,738,390
W
capital aufploo, imiMK *»r»«(ft i*rpl«*»
total, $11,941,713.—V. l«t, p, 46*.
.
I
—V.
7037 .ftwtff**: «iU»*
«mat«&
•fee
'*(
llj
liLtttJitif
charges, $L69.*S3;
due 1951 to 195*. *90**0#;
preferred
448
$0.98
Capt.
announced
first
unused
of
lot lowto, imjli;
reserve
$161,438
stocks for the period—
Cooper-Bessemer Corp,—Form ©I Certiflcat©-**
v'T.V,i ' <tj|
*4Nj
67
50 pari,
,
<$1
finance
0.000;
iifti
anaaewroi,
payable,
$47,625;
liabilities t,
er
$
Balance,
,.vi ^
dealers,
to
3,858,839
1,823,529
1,093,552
912,135
11
Income
Transfer
and
and accruals, $129,980; roatma l«f !«.«**.
d.
78,378
$9,734,505
$261,712
$96,261;
JAB1LITIES—Notes
e
92,849
revs
194G—12 Mos.—1945
1945
Eastern Air Lines, Inc.—Bank Loan
Agreement—
corP°rati?b has arranged a $20,000,000 five-year revolving credit
afgM0Up«' ?7 banks headed by the Chase National Bank of the
City of New
the
$814,062 $10,276,247
330,948
.3,963,972
138,408 rl,469,769
105,398
1,166,894
77,870
937,222
338,535:
Gross Income
Int. on mortgage bonds
Other int. and deducts.
gStTT, WEPT, *% 1*4*
..941.713.
1946
$54,783,188 $80,544,911
1,037,235
1,921,628
1,060,059
1,06C,059
COb,ack,log as of Oct. 31 was $66,894,000 as compared to
$21,450,000 at the beginning of its fiscal
year.—V. 164, p. 1328.
\ork.
137,201
operating
Other
obligation*,
account*
*aart*a*ro,
**,701.233; other
rep®#******
44.044; athff
titrable*. $161,800; industrial ban* charter. *1; deferred charge*.
1,182; fixed 'assets, less turn* lot 4*wmokmaim,, ***,000;
toUl,
notes
receivables,
expenses
taxes
taxes
Net
Unit** I&M*# Cww«f>m
$1,681,192;
$200,000;
cost.
•rent
Inc.—Earnings—-
S3
Snmwi?
F?inpH pex share
Earned *LCOkm0n ShareS
Manager,
$908,675
Net income
CONSOLIDATED
r-
SEC
Co.—Earnings—
1946—Month—1945
revenues
Depreciation
114.267
«»-<«■ ift-Wtff «**/
Other
taxes.
able income
i*»
the
Co.—V. 164, p. 2542.
Dallas Power & Light
Consolidated net income--..—*2S*.SSt
*201,7*3
•ferrea dividends
81 0"®
21.000
ennion
dividends
14*1*
70,360
Profit on Sale of stock of Ace Drill C«r* «»4 *iv54erwis tfcfrrfrora la
ess of earnings
taken into surptu* t* ptut $*m% 1m* *10,*00
•A1*'
with
♦
*20.7*0
.*
for Fed. income and exc«» proUU use#
rtS.
a«w».\
filed
were
co"amon> 3<000 shares on behalf of Mary Curtis
bi?h
^r: ,V000 shares 6n behalf of William Curtis Bok,
S oJi?J2S!,
be offered (at market) through the brokerage firm
2eS£t^?ynJ?*r™
The other 1.000 shares are for the
SKK Hecker St
Bo^' A. ector, and will be offered at market
through
*303 01(1
*03
dtfidiary net
m,
t
otters of notification
Kmi.ii!? ? I? °J
1*11*34
§*24
charges and other ineoea*. «***» *1J*a«*t
borrowings—14MJ i&Mt
expenses
erating
»>'<■;
($1,000).
Cards Publishing: Co.—Files with
SEC—
fo?**
IMS
income
Dresser Industries,
Year Ended Oct. 31-
a
CONSOLIDATED INCOME STATMBft; ftAJIS f*T>«3 IfFT. 3*
|
ta!
«#
Principal amount of bonds deposited
2689°
p
are made on the basis of
V
exchange and tom* #f thm mw fW*t*H ***• the
'nv additional capital i ind# In tfct «#*•«»* *f tmoofe Tfet !#under
of the new preferred Hoc* *atf*wriard tot in# •mount »f
wOOO will be reserved fox sat* at • ifttr* §«m, troto#*!* ttt «NUM*»
7 with sale of additional subordUMtai 4klwmt<»xm
*!{$
iSf
—V
result of the
the
*
3289
Net
income
-
$908,
inter
Immediately on completion of the financing, the annual
ppr
requirements on the then outstanding long-term aebt will be a
matelv $409,547 and
the annual dividend requirements on the
outstanding preferred stock will
be $120,000 to July 1, 1962.
^
';s ft il
mm;
li-i'Viv'^iKjs,.
•:
-^ics^yww.' -:M *«
«&».:. .>;«a;.-.
tss»r
•-
-
dMy:^ :Mm £ jail:
ter ,n
I.A.V At>-
•-
«.
;vvV
.
Cv<
:.rr,rM
nu»rf
3290
THECOMMERCIM. & FraANCIIffi
|!HROinCISE
n-t
—
PURCHASERS—The
names«Jf
the
purchasers \antt >the
amounts Jo be purchased by them respectively, are
u£-iqll<ws:
r
The
First ;Boston - Corp. $3,681,000'
Smith, Barney .& Co.—
3;680;000
••
%_V. 146,
.
;
p. 3142.
Merrill
Lynch,
Embassy Realty Associates Inc., Los Angeles, Calif.—
New Shares to 'Receive Dividend of 18
Gents—:
several
>
Pierce,
-
The
.
_
Tenner '&
""
;
"
Beans.
..
.
$2,500,000
to
'
-
...
directors
share
per
holders
Dec.
on
11
declared
quarterly
a
the
on
present capital stock,
record .Dec.
20, 1946.
of
Period End. Oct. 31—
■*,
,
revenues
1946—12 Mos.—1945
$990,719 $12,683,804 $11,770,827
580,411
7,622;369
6,803,786
'56,935.562,386
648,882
160,765
1,880,304
1(901,236
736,480
—
.Maintenance
Taxes
$1,115,940
—
—47,739
(incl.
inc.
taxes)
178,677
,
eper.^revenucs-—
......
_
r
..
_
i
;
Emsco -Derrick &
\
.
*
.
i
.
•'*.
.
'
J
4'.'
y'V/4>
Non-oper.
income
$
»'v»V
^
(net)
'
*■
$192,607
38(337
•
mix-
■
'n
$2,968,963
« '
741,916
'29,491
a",.,
n
.$2,736,649
.•7-32,850
,
3^,^27
.
.
'
;.$lftl,380
Retirement
res.
•$222,098
accrualsJ61',879
61,800
stockholders at
",
-
-
Interest
Misc.
and
.$120,SOI.
_____
amortiz.—
36,157
1,625
2,739
V"ii-
'■
Balance
■
tive
dividend
$92,934
19,888
$121,402
$l;784,916
'
.<436(953
18,734
will-not
•
The
—
1,548,111
-7-7(652
-
Applicable
to
iE.
U.
of
;
.
a
—V.
It
year.
share
be
issued at
new
for
and
will
$1(682,833
$1,448,212
$1,682,833
$1,448,212
201,385
-
236,240
this
Period End. Oct. 31—
—
Maintenance
Amort,
■$1(649,'59^
-
$1(764,901
of
161,105
Fed.
plant
income
taxes
extraord.
$1,488,492
Other.
shares
30
of -common
1.
'
(
time.
The
stock
Class
held.
B
cabinets;
stock
into
at ,$12
common
share,
a
•
;
♦"
-
additional
new
reached
to
Mr.:-Nicholas^-the
For
/.
the
operating
of
week
ended
companies
American
of -former
Power
responding week
vaHwhours):
of
&
National
Dec.
12,
1946,
74.540
-
System inputs of client
Services Inc., which are subsidiaries
Co., Electric Power & Light Corp. and
& Light' Co., as
compared with the cor¬
105,921
366,522
1945
were
follows
as
1946
.
(in
thousands
1945
203,109
.53,209
Eldcfcric /Pwr. •&, Lt. Corp.Former National Power &
of
Amount
177,998
47,719
25,111
5190
-
kilo-
In
"
added.—V. 162,
specifically
for
use
that
on
plane,
1888.
p.
it
-addition "to 'radios
roads
and
and
other Dnobile
892,200 ; *
Applicable to
Per
services.
was
Period End. Sept. 30—
1
•
'.
<f;<
Operating
1946—3 Mos.—1945
i Operation
Federal
Other
——
taxes
—a
taxes
Charges in lieu of taxes
income—;
on
2,600j000
-
Amort,
of
acquis,
utility
plant
adjustments..
102,719
4,003i690
Deplet. and deprec,, etc.
X.hUy-X
Operating
'y
-
'
27,164,604
*250
344,873
26,133,482
.345,000
■5,586,270
4,97.8,918
: ~ 63^511
26,819,731
25,788,482
116,615
'■
»
.j'l njiiijiinrii
5(.042;429
1,487.860
1,896,406
4,114,025
Net .equity
j
of;
in inc. of subs.
filectrio Pr.
Net equity
Other
d; Lt.
'
Other
,
'
27,371;713
J5rl04,820
20,447,513
1,608,270
3,517,746
2,415,990
18,521,219
3,517,746
.1,452
'Income.—.
3/519,198
than
2(415,990
4,762
,
2,420,752
14,547,337
15,865
17^873,796
250
income
5,284
7(088
173,095
542,904
206,696
1,520,826
1281992
137,000
surplus
113,000
3,227,746 /1,748,844
♦In
Cr3,630
<
,
250,000
16,840,716
»
1946—3 Mos.—1945
$3,043,736
—
■Other
taxes
.250
,
Expenses
Infc-on debentures
"
5,210
128,992
Amort,
of
debt
Fed.tax.oninc,,.,
Net Income
157,000
•
8,716
113,000
36,746
25,698
2,602
250,000
been
402)000
'
(U. S.
Govt,
obligations), $600
receivable—associate companies,
$2,922,284; other cur¬
assets, $3,750; deferred
charges,1 $33,181; reacquired
capital stock-"
<973 shares of $7 pfd. stock and
002 shares of
common stock),
$103,109;
total, $165,011,035.
the
amended'
to
.
plan,
Engineers
whL givq
Engineer's
a
common
$2,405;
accounts
payable, $58,322;
(incl. .$1,479 for which.cash is
in special cash
dividends declared (cash in
deposits),
special cash
interest
deposits), $1,282,926;
$560,740; Power Securities
Corp. coll. tr. gold bonds
called for
redemption., incl. premium (cash in
special cash deposits)
$3,030;
miscellaneous
current
liabilities, $7,017;
reserve,
$57 203;
earned surplus,
$7,995,253; *total, '$165,011(035.-—V.
164, p. ,2830.
accrued
plans
to
list
Co.
to
make
&
of
a
share for
613,317
.1,390,994:,; 10;712,56 6
5,114,388
136,652
546,608
2,764,182
' 1,254,342
10,165,958
4,668,187
2,341,325.
12,089,368
2,341,325
t2.089.368
;
446,201
and
$0.60
been
He
$4.34
depreciation." tAdjusted
to
$2.23
rellect
2
for 1
Deposit Uo; <of Maryland—New Director-*
elected
to
been
elected
Mercer,
the
member «of
a
2nd
Mercer, has
-
executi\2
Feb.
since
'
:
Edwin Warfield ^of Maryland,
of the company since Sept.
and director of
Ardundel 'Corp.- and the
v;<
the
the
Vice-President,
*"■
board-
also Is iPresident
director of
Mr.
the
Daily Record Co. and
Arundel-Brociks
Corp.,
all
..
been
a
member
ganization since-lOll.-^V.
of 'the
home office or¬
company's
163, p.-1910.
Fire Association of
for
The
boards
'
Philadelphia—New Secretary—
of .directors
;of
this
corporation
panies.
:
The'.Reliance Insurance
Co.,
Philadelphia National .Insurance
ICo;,san
as
Secretary of the companies.
In
1945
he
was
Electric Co. will
balance of the funds
•
capacity along "with
—V: 162,
p. 247.'
.
Net
revs
82,430
oper.
exps
64,076
from
Fixed
$780,742
$774,934.
'586)805
522,821
$193,937
$252,113
60,000
$21,134
;6(ooo,
'
4,292
1,491
29(515
40,210
25,232
$10,081
$98,980
-
JDr362
.
Br471
$5,847
.
$9^610
35,662
18,599
41,193
•
$137,852
44,455
$182,307
24,358
16,307
$141,642
1,857
1,737
1,396
1)437
$140,173
29,042
14,176
$2,593
$6,436
$96,955
2,259
2,259
-22,597
22,597
$334
$4,177
$74,338
$119,044
3,503
3,517
32,936
31,337
deducs.
charges
3,562
$6,209
inc.
oper.
income.
Miscel.
each
1946—lO Mos.—1945
53,642'
3,853
Other "income
Total
continues in
■
$74,777
1
$18,354
4,000
rents
ry.
he
"•
'
ry.
Fed., jnc.. taxees_A—__
Other ry. tax accruals-
Net
o-
Gloversville RR.—
oper.
revenue
.
his newly added duties.
of
1946—Month—,1945
operations
Net
■"
"■•'
&
Counsels and
assumption
'
Fonda, Johnstown
affiliate com¬
•
'Assistant
the
Period End.Oct.31~
Railway
Railway
and Its
Lumbermen's Insurance Go. ana
Dec. 13, .elected Peter J. "Kor-
en
.
appointed
this
-El -Paso
up .the
298,765
,
1946—V. j164,. p. 2544.
.Baltimore,.'Md.:
be
and
90,535
stock
share-for-share; basis
required
off
the
liabilities
in cash.
or
-
-
the
of
the
Inc.
debt
_
ancl
for exercise
of
,
Operating
Fruehauf Trailer
Net oper.
V.
revenues
164,
with
2017.
p.
a
The
f
that it had arranged a
of twenty banks heaa
proceeds of the credit will
group
Harvey
C.
Fruehauf,
_
President,
General American Investors
Co., Inc.—$1.48
The
20,
directors
common
1946.
Dec.
16
declared
payable
Dec.
Approximately 36%:,
income
95
1946—12 Mos.—1945
on
stock,
from net
is
cents
or
24,
a
1946
about
53
to
Dividend
$1.48 per share
holders of recora
dividend
(excluding security profits)
of
cents
of
this
divi
and the balance 0
from long-term
security profits. It was announce
stockholders will be advised soon
after'the end of the year of
$100,210
74.354
$1,377,657
69,263
853,451
13,155
10,009
756,363
portions
133,177
219,366
117,787
207,879
ordinary dividends
$7,784
5,194
$171,664
0^
jg
ut
'
.
$191,986
$9,806
"6,855
•
65,419
$1,274,016
./29,941'
of
the
dividend
taxable
under
Federal
income
tax
and aS long-term
capital gains.
1945, a distribution of $3.06 per share was made 01
common stock.-—v,
164, p. 3i43.
*
On Dec.
v
-.
23,
t
flS
the
General American ^Transportation
ments
Corp.-~-'SellsE<lu^Pg
.BrivaleIy--^The corporation; aiinotuiced Bee.
.
accruals-
charges
Net income
Dividends
164,
have
Co.—Earnings-
9,731
income (net)
Co.—-Arranges Bank Loans—
16 announced
of
$109,206
;
Retirem'trres.
on Dec.
the National Bank
of Detroit.fcr
working capital purposes,
Balance
Interest
The.company
the
1946—Month—1945
ju
Non-oper,
164, p. 2691.
$25,000,000 revolving credit
etc.—
Director
William A.
Matheson, Vice-Presidents
163, p. 2156.
_____—;15,315
—V.
—V.
warrants.
Vice-Presidents.—V.
revenues
Operation
Maintenance
f Taxes
chgs.
funded
———
income
Deprec. :(way and struc.
equipment
expenses incurred in
connection with the
approval of the SEC.
Previously no pro¬
supervision.—V. 164, p. 3142';
Fall River Gas
Works
on
Net
made for SEC
sleeted Executive
fxd.
—
com-
u
days allowed
after
Conting. int;
in
rights to subscribe to Gulf
States
L!' stock Exchange. It is anticipated that if the stock
plan
^4.^the SEC and the .courts without undue delay, warrants
Engin«er's stockholders by about March
1, 1947| with
v,L t su^ecfcJ:toi the
had. been
taxes,
has
1913.
its
34,885
$1.18
expenses
a
on
5,818,240
160,755
-
136,652
of
plan
,11,046,216
Mr..Warfield, son of the late Governor
& D,.?s
founder, has been a director
F.
.
;
LIABILITIES—-Capital stodk, $153,044,139;
accrued
1944,
j
1,574,302
; \
2,900,834
Warfield, Jr.. has
committee, and Beverly H.
book loss.
proposed -dissolution
purchase
of
Period End. Oct. 31—
-
'
;
74;097
stock
Aug. 1,
^Fidelity
plan of dissolution to conform
Engineer's
warrants
36,228
$2."732,284
dividends
amended its
."
on
Edwin
reductions
f
Nov. 3, '45
applic. io
shrs.-of parent
"After ;all
,
split
N0V. 2, !46
'
'!$ '
profit
common
at
excluding
.
Eureka Williams
Corp.-—Two New Vice-Pres
B£rnard' Works Manager, and Earl Nemith,
Engineering, have been elected
Vioe-Presidents.
George T. Stevens and
561^205
1,458,900
,
rent
of^depreciation
rata
pro
.e Praferred stocks, to pay
stockholders, either in kind
0
vision
."BALANCE SHEET, SEPT.
30, 1940
u^iJSSETB-^vestmeht securities and advances
"(subsidiaries)., $1S2,925,291; cash in banks (011
demand), $7,135,951; special cash
$1,287,469; temporary cash investments
deposits,
000;
excess
Earns.
—12 Months
Ended-
'
No. .of shrs. of
com. stk.
par tic.' at end of
per.
Net profit
per share of
$2.47-
..
Subs.)
"/..u
I....—..—"—
company
com.
2 «aMinar^t0J
»tk
^1945
538
,
Net
$4,721,842
•$'' •'•
of
company
$6(090,608
preferred.
?<Py
'
•
dis. .and
expense en debentures
Prov.
of
*
-
other
shrs., of-parent *co._
on" pfd.
stock of
2,119,092
share of
Engineers.
Virginia Electric will be
distributed on the basis
»
s"ares ^or aach share of Engineers held.
Engineers will retain
162,212 shares of
stock.
Virginia Electric common
This_ will be used together with
treasury cash riot
vicinr,
28,110
542,904
$6,840,934
,
estimated in the case of
Virginia Electric & Power. Co. that
the
dividend payment will be
equivalent to one year's
in advance.
dividends
This will
amount_ to $2,932,000, .or ;the equivalent
a Share on Engineers
holdings.. In^the case/of Gulf:States'
♦
IlecSA
quarterly payments will be made in advance—this
to
amounts
$756,000.
It is
contemplated that. no further
common
dividend
payments would be made
by Virginia Electric until June
for Gulf States
15, 1948; and
Utilities no dividends will
be paid iuntil Dec. 15, 1947.
1
.Jn be
coinPhance with the SEC's
recommendations, preferred stocks
will
paid off at their
respective call prices.
be
.The $5 preferred will
redeemed at. 105,
;plu"s/accrued dividends and the
$5.50 and $6
preferreds will be
redeemed,at .110 plus accrued
dividends.
Aft.er PRyment of the preferred, Engineers will file a
certificate of
*
wil1 then distribute ;all of its
of Ei Paso
common
stock holdings
Electric Co. and
94.4% of its common
Electric & Power
holdings in Virginia
Co.
It is
proposed to distribute
Paso on :the
the-.common of El
basis of
"
203,556
•
profit -applic. >to
parent
given the alternative of
exchanging .Engineers preferred stock at
its'Call price for Gulf
States'
Utilities common stock, in place of
paying cash.. v
Engineers intends to redeem its
preferred stocks at thefr
call prices with
'respective
funds
stock
—
22,553
,
stock
by
Divs.
as
States. Utilities Co. cn
Stockholders will also
fees
1946—12 Mos
•
Gulf
share.
Engineers
173,095
364,725
.
in
pany to its
$2,891,705 $11,515,520
$10,339,522
5,284
Cr3,630
23,132
Other int. deductions
stockholders
a
E
12,019,293
7,088
" of"
Nicholas
years
j
402,000
INCOME (STATEMENT
(Company Alone)
Period End. Sept. 30—
income
Fed. tax. oth. than inc.
Gross
$8,209,7.00
2,119,092
.
$3.19
SEC.
..one-fifth
•23,132
36,746
28,110
accordance with .provisions of
the franchises of
Dallas Power •&
Light Co. and Dallas
Railway & Terminal Co. (net).
tFull dividend
requirements applicable to
respective periods whether
earned or unearned,.
t■•/■:■... " '
'
;
13
^
Prl2,027
.
^
561,205
373,441
:
•
14,563,202
6,210
taxes
Balance,
,
14,547,337
7,523
.
terms
-il082:
;Nov.,3,>'45
;.2,9.74,931
...
pfd;
owned
<
;
733,743
17,866,273
;
.;5'144,950
,r
Dri;348
deductions, in
disapproved
It 4s
.
—
694,073
special
.
2,859,803
972,970
17,866,273
Net
•
•
shares
special dividend
.payments
required to redeem the
18,140,883
145,018
taxes._
parent company.
make
Dr380,336
3,052,226
491,218
inc.
X,
received from the ^exercise
of-.;the warrants
together with
treasury cash.
It is
contemplated that-Virginia (Electric
& Power
iCo., Gulf States Utilities
26,391(637
7(870,418
6,819,380
'
cons,
Expenses a.o;—
.Int., etc., deductions-.—
Prov.' for Fed. ta.\es on
/':
m
Corp.:
income
.
•
mi
20,552,333
195;892
;
other
|I
,
icorp.
(as above)
taxes
...
,
,
income
Total
Fed.
4,114,025
400,387
——
♦Pld; <divs. tb; "pubUOA-A
Portion applic.
to
miv
nority interests—;—.
common
$11.50
603,155
3,146,023
franchise reserves.—
*
-551,982
.
the
holdings
.
Dr93,797
—
,^TBan4fers;;to and from
Total
Mi^ii Iini./.I^T.IIM
5,601.885
etc...
Balance
•.
.
4.
Under
,
!,
Fed.
?•.: %■
.
•$8^02,424'$11,973,856
parent company....
from
Dec.
on
Portion of net
profit ap¬
plic. to min. ints. in
com." stks. -of
su.bs...'
.
on
had
income—
on
.pro,fit
subs,
...
5,065,168
■
Net
recognized in
bindings of the
SEC
taxes
Divs.
'$9,162,870:614,277,415
tax reducts.l
.
;'•?
income
(net),.—
Net Int. to public,
Dec.
5;672,393
86,123
Gross;;ihcome-.-«.-;A-.-~.
..'v
The
19,609^499
.
-
The. company
with the
.
62,131,379: 50,081,172 246182,589
192,390.085
-4;961,434
5,844,900 ;21;445,155
21,883,618
3,986,503 " 4,27D,598
10,398,939 16,065,378
Profit
Fed.
Amends Plan of Dissolution
to Conform withrSEC—
192 '719
18,643',682
Other Income
*
2,074,350
21,781
-
12,297
..
.amount-of(tax
transportation property in excess of
1,729,322
4,518~;011
Net oper. revenues—.
Rent for lease .of plants
2,042,856
$543,988
$992,583
$260,444 ((prior period
$260,445 (prior
period—$2,303,558)
resulting from sale of
29,800,758
_—.——•
«Maintenance
1946—12 Mos.—1945
,10.
0
33,044,165 126,853,311 141,638,201
12,550,258 :12,484,749
49^607,011
49,359,533
:lj957,974
2,042,289
8,581,658
8;716,347
2,947,286.
5,900,725
8,984,483
23,909,123
2,476,438
3,033,223
11,079,154 .12,180,895
revenues
..
iqav
for rail
lights in :the
manufacture
-Quarters Ended*—-
"Nov. 2, '46
Net sales;..
amortization of
emergency
the accounts since
such facilities are
expected to be employed
throughout their normal life and " not ;:to
replace existing facilities. '
tBefore giving
effect
to tax
reductions
resulting from - amortization of
emergency 'facilities
and
Earnings-—
I
"v-.
f'v Subsidiaries:
',567
of
result
not
.
jprodUcts.—V.^'164.*.p.
-
interests
170,237
\ 1,512
rates; allowable for'tax purposes
but
•
work and 'patent
■
•
1,909,968
on
in
industrial"
television-service Mr
'position "to utilize its many'
development
-
television
Period^-
♦'Which are not offset
by special charges include, in
addition to the
$260,445 (prior
period—$2;303,558) referred to above,"
amounts,(shown
opposite) which
facilities
Electric Power & Light Corp.
170,237
stock of
com.
•'>
.
!l
,
comoanv".
*
Farnsworth
Federated department Siores> Line.
886,977
1,989;246
.5,226,238
5,"160,840:
-
—J—
share, based
nrodnotmn
the
television receivers
the. advent, and
.expansion^.of
Farnsworth is now in' a
,
amount of
pfd. stock
on
in
mobile communications equipment
—
5,453,025
•
reductions .in
tEarnings —'
line of
Javt10
anrmuuied !
phonograph-radios,
,new
S°
said
^6mpany'6»-peacetime
With
said,
research and
and sale of
$1,650,691 $15,314,818 $23;364,581
DtI5;473
Url81,823- -v 12,032
Adjustment .for minority interests.
usual
,
rata
pro
"■Extraordinary
12.2
corn-
Cor^.—Seaplane Approved by CAA—
designed
excluding
$2,303,558)
The corporation on Dec. .18
announced the approval by the Civil
Aeronautics Administration at the Stinson
Voyager 150 as ,a seaplane.
This jpaves the way for quantity production
by Edo of the Model 2425
installation
—
he
exclusive^/ /u!
comnnnv in Port
at~any time
wiU;have-on":fhe.market' its
telemetering equipment and
Subs.)—Earns..
$1,635,218 $15132,994'$23,376,613
292,451
3,309,437
3,991,579
178,432
605;533 •; 3,011,488
33,076
div.
Dividends
float
amort—
Net Income
Net
income
11.5
panics
Edo Aircraft
-
$1,008,390
260,521
-
and
charges
requirements
of -subs-.—•— •—u_
Applic. .to minor. ints._
14.1
97,895
-v
109,882
11,987
Thp above i£iguFfiS rtlo;>not -Include, the. System
Inputs of any
not appearing in both
periods.—V..164, p. 3142.
'
Pfd.
Pet.
;.;L.ight:,CP./
:
Interest
Special
-Increase-
Oper. Subsidiaries of—
American Pwr. & Lt. Co.—
$1,010,378
•i)rl,£$7
(net)_—
Balance
Ebasco
during
revenues.„
income
supply
Farnsworth-
.
73,914
370,017
410,102
the
Light
Power
.u
•
reductions-
oper.
Other
-
cabinet
an
all-time high
during Novemoer,:
products now/are -greater
than
civilian
history.
.
Inc.—^Weekly Input—
souree -of
a.cabinet
According
working Capital and to modern-,
1972.
An
has
been
secured
by a contract
giving
output of cabinets from the
plant of
,
;;
after
taxes—
Net
Ebasco Services
-
Was
nf
-sources
-
acqui¬
adjustments.'.—
sition
-
164, p. 2829.
enmnl
recover entirely due to
government price
controls^
however, he said/ the
,company -is-in'<thc
second half
year with price controls
removed, the flow of
stantly improving and ^with -a
-substanti-al- ^"^"—
Now,
1946—Month—1945
1946—12 Mos.—1945 i
$5,058,319
$4,999,224 $61,7Ti;530 $06,525,648
2,406,237
2,064,353
25,643,554 25,680,398"
377,005
347,648
4,416,053 "v.4,401,639
410,538
390,172
4,831,087 V 4,976,566
Operating revenues——
Operation .■>1-
.
$1:919(074
154,172
interest
costs which the
to
•
,ring
be. .offered-to- present'-stockholders
each
preferred will be convertible
Depreciation
taxes
ou^ ier!
fiscal
22,247
jv Eastern Utility Associates:
Expenses,
in
cumula¬
$4
one
Engineers Public Service Co., Inc. •(&
Earnings of subsidiaries (as above)—
Non-subsidiary income __.__-_«__aj———
t$259,075
current
unable
L
'$1,470,459
24,430
-A.—___—.
'
4
$1,707,264
Applicabie.toiminorityinterest-
•
carry-backs,
.
foi? the .common in the .-first five
years, at $14 for- the second five, and
at <$16 after 10 years. The
$1,000,000 expected to -be realized from the
sale will-bemsed to provide additional
-
77,652
of
ratio
offering is expected to be made about Jan.
ize: plant facilities.—V. 459,
p.
Balance
■
The
$2,003,799
:
422,242
Preferred dividend deducts.- -B. V. G. & E. Co.:
loar
;
estimated,tax
v.
:$160^298. $2(22-7,047
34,941
,
deductions
Radi0/Coij|i^--Eai.nin
.
in .the
Gross income
a
V.».
Oct.. .3?.—
substantial
special meeting .voted to increase the number
of authorized common shares
to 600,000 from 400,000 and to
create.
20,000.Shares of preferred stock, divided into class
A, and B.„•
The class A preferred will be
issued at par ($100), with a
$2,416,922
-
tAfter
23, ig46
the' company's
operating expenses' for thp firct ,
;fiscal year, E. A.
Nicholas, President, pointed
expenditures in connection
with the" dpvpinn'I^ ,out'
ucts which-will not
go .into (production
until 1947
Ppient -of
>1947
r *
Mr; Nicholas added 'that
earnings :also were
this period by -material
adversely affpntpn ^
shortages resulting from
strikes in !?,
plants and .in the coal and steel
industries, by an acute
age and by increased .labor
cabinet
and material
the
•
Equipment Co.—Common Stock In¬
creased—Preferred Issues Created—
The
$2,609,743
359,220
"
-
Ended-
profit,
included
.
V:
■•
Months
&
loss,
■'Net
.
■
"$153,043"
•
-
.
Net
'
Six
Net
1947_
I.
Subsidiaries:
Operating
Operation
1,
.
r
recently split-up on a five-for-one basis. ,>■
•
Officials of .the company are: Edward S.
Maddock, Chairman; Robert'
White, President; William, O. Paine,
Vice-President;
Fe&er, Secretary and* Treasurer. The office is located at _and .A. H;
3508 Wilshire
Boulevard, Los Angeles, Calif.
v ■•/
(& Subs.)—Earnings—
194G—Month—1945
payable Jan.
Monday, December
f^n^waiith vtreievision
dividend-^ ;18 cents
$1,
par
The stock was
"Eastern Utilities Associates
•
|>fji
V'v
declared
p.
2286.
11
$10,148
$6,536
$159,368
125,744
.
$143,901
119,126
mature
msiuuiions.
serially in equal'quarterly installments to
including Dec. 16, 1966. Maturities to and mcma
"Dec. 16, 1953 Toear
dividends at the rate of Ih'<>*
^
»
Volume:
Number 4,553
164
equipment
cars,
Trust Co. has been appointed trustee, paying
tifltift regte.t*«c^' 1|>3,-P- 328^. . - .v; , ... .'*
Manufacturers
and
§qrp.^)mits
General wVni^xe <fc fife
;
'
taken no
have
directors
The
action
dividends
covered by
agent
,
have
been
distributed
Dividend—
the
on
number
of
Years Ended
inp.—Earnings
Septt30r'
The
1946
nin,come
operating .expenses-—T—-.
Federal and State income taxes—
Amortization
of .'excess..cost
31.935,389
investments- in
of
Net
com-, stockholders
Np. of .com.- shar'es;:oiitatanding. at .end of period
Earned per
r
V '
;
Following the stockholders'—meeting .the board of- directors declared '
'the regular quarterly dividend of -37% cents a share oii preferred and '•
C*i
■•.
...
^
>-4.
i;-
f
•'.
♦
*
•
".to date, General, Motors has produced .759,587* pascars' in the United State?,' compared with' 1,800,322 for the
sariuk period, of ; 1941. v
'
'
:
v *
jriick prCdUdtidri" in the U. S. fell pff in the'Dec. 14 week with
7290 units' prpdtfedr'chtp^^O w$ttt''?.$33 % C^ ]p^eyij)p wX« '
•Supplier
hit; a" he.jy 'low, tyith' only 22 repqrted as' against
Robinson -stores'
the. Robinson
of
were
operations
subsidiary's
l
"
.
Folloftfhjr'& ~Jf dnbulaupn of production figures fo,r car and truck
Dividends—
Earned
•"
"
—
"
;
'
Week End.
Week End.
Dec.~14, '46
Dec. 7,
'
ASSETSr—
GMC
14,42&
"
362,009
919,511
1
6,3$$
6,623
251,580
■=■307,010
5,008
4,780
4,809
122,547
279,983
of
104,025
V.
6,035
144,737
230,082
311,486
889
26,269
4,832
6,121
1,160
——-—
Coaches
GM of"
Total U.
Coach
l60
83
2,213
48,017
41,343
Capada.
and
of
GM
in;94h—V,.'i64,
..Canada
3143.
p.
' 40,23.4
'
Gross
pHP*—Weekly Output—
General
Int.
-
debt-
' of
-due
income
—
,
to
..
.
.
•
3,851,338
5,557,069
$703,192 $10,623,212
bperatiori
'"
858,$84
"
-ft. oa lohg-term
Amortization
I
u
$829,534
.
-296,14$
299/749
3,579,107
Cr9,717
.10,177
Crll6,608
145,100
Crll6,608
92,745
$402,984
223,005
$7,015,613
.2,676,064
Retire,
—
J
.
Net
$4,933,317
2,676,064
,
•"
•
$7§9;443
36,364
'522,651
im
"44,221
113,188
$9,264
2,917
—V.-164,
.
$179,979.
$314,'394
$109,382
' 22J)70
" ".$113,880
$131,452
$124,047
" "35,000
$2,257,253
s.
—
-
Southern Corp.,
Chairman of the .board of directors to succeed, the
Mr. Yates iVill continue to have offices in
-
thi Gm|ia utility ^will
President.—V. 164, p. 2153.
:0f
remain
140,0901
—r—
®'rnf!L thP three months '.ended Sept. 30, 1946, company reported^net
Ss
^0,746, after .all charges including taxes, equivalent to 38
standing.-—v. 164,
the
on
316,000" shares
of capital stock now out-;
1870.
p.
......
Gimbel Brothers, Inc.—To
Split Up
«
iJiYidend
.
Increase.^
•
I
Common
Shares
on Dec. 17 authorized, A four-fon-three split ,0;f the.
'by issuing one additional "share for egch three shares
For
? holders of record Jan. 2, 1947.
,
rfivS ^vemence» the split will be" effected "in the form of a stock
14?®^-Certificates for additional shares will be mailed about Jan.
-oiS directors
SSS B^
tor
Siare°
'
who wiU not be re^uired t0
shari
$5,042,666
1,279,709
'1,035,425
.466,970
$3,320,488
.134,443
$3,158,694
•182,167.
$3,454,928
260,930
196,709
'
$117,090
$166,754
$669,919'
$1,339^026
2,956.
2,331
30,838
''"28,128
$109,084
$700,757
92,129
100,894
733,307
$1,367,154.
1,167 874
$27,918
$8,19.0
' *$32,550
transp.
$120,047
revenue
Deductions,
taxes,
etc._
"
"
Net
revenues
'
^Deficit.—V. 164, p.' 2831.
M
28®
N
>
Houston Lighting & Ppytrer
-450*,299
.■>
843,917
1,986,75$
$3,784,218
$3,340,861
169,757
J
241,794
•
iJyiUll *2/$6^627
253,844
253,844
514,312
$1,227/721
253.844
$1,477,'797
5^?
m312
$459t565
$1,130,591
$1,225,688
" $709,641
"
6j4,312
.
-
$457,532
253,844
'
"
Surplus
———
Shares of common opt-,
$3,560,271
"" 223,947
«
.
(po par)-—
standing
EaS!cmdes
1943, qjicess
*
*':*■'
*
685,749
685,749
$1,32
;
profits tax.—V. 164, p.
*
"*■*
'
*
'•
^
,
685,749
685,749
$1.32
$1.69 (
111 W44 and $^,325,588
$1,288,733 in
V
y
*
694^
'•"
•
in
;
1
Hewitt-Robins, ?»c. —
Double! Production c
a
View
(or
"
•
""
Thomas
„
_
.
„
^jASBSFS 1
to-doubling production
the m™"
concluding a
.2% JOw Of
RoWria'
•year
Operation
»,
*"7,923,843
7,025,932
1,909,250
1,797,087
1,673,573
200
a—
627,437
132,590
146,833
200
2,400
investments—
maintenance
for
"
1,487,281
limited-term
Amortiz. of
electric
fesiilt
of props'.—
•
profits! taxes-.—
230,292
Total
2,591,434
$397495
$316,394
fc4!926,267
85,756
83,023
1,071,118
*2,296^45®
$311,439
operating revenue.
income
$233,371
$3>'55,i49 '
$2,886,882
$390,261
?5«
'■' 6,994
(net)—•
deductions--
inc.
Mi!
323,449
121,795
mm
All o.tper taxes
Other
y.
250,00®
cess^ profits taxes_._.
Net
-r
& '"ex-
Federal 'income
cess
.
as
of' accela-
rated use
^
'2,60®
.
$ repairs .deferred
a
f
"
187,790
152,246
«!
Deprqqiatlpn
;
„
,
1946—12 Mos.—1945
$1,664,223 $.20,472,860 $20,942,203
709,861
$6,183,333
'M
,
Nqt inepme
Dividepg applicable to pfd. stocks for the period
Balance.,
—v.
1^4,
" 389,588
36.9,58®
j„
$9,465,561
——„™™«
__
:}?:4
p. 2154,
Hunt Foods, Inc.—Record Third
Quarter Sales—
Tbe corpqiafcipn .estimates net sales to be substantially in excess ot
$25,00.0,000 for the third quarter ended Nov. 30, according to aa
announcement made by Frederick R. Weisman, President. This cpm-
If
(. (.
pafeA with' net sales of $20,283,474 for, the first six months of thist )
year,
when earnings were $4.18 per share.
.
for the
effect on the short nine months year
■*? r- *•> •-» " - >
change of the end of its fiscal year
tp Nov. 30. The; previous year-end wgs Feb. 28.
. • > n
TRe marked Increases, according to Mr. Weisman, are largely a
reflection "of the;'company's acquisitions since late 1945, desm^d t(*
broaden Hunt's scope of operations. Included in these figures' are resuits of the California Conserving- COo/Guggenhlme & Co., and Drew
Canning Co. operations.—V. 164, p. 2018.
determined,
will have some
earnings.'*""
>'
The corporation .anounc.ed the
Bfll Tdephone Co.—Earnings
Feripd End. Oct. 31—
oper.
i,ce^ew°u, a group ot six banlts tor a livearSding to an announcement made by,
$2,600,0 ,
^ letter tp atoQi^qitmrs accompanya
that .the expansion is.
rev.
Net operating ihcoiha
after' charges—!*!!
me
t, P.
v,
19,8pl
12,247,234 130,296,302 114,766,811
17,177
182,136 •' T§9,363
13,666,605
11,850,043
843,292
12,230,057 130,114,166 114.617,44®
9,573,387 109,050,466 82,070,177
1,644,865
11,486,168. 21,465,947
'
Operating revenues—
Operating .expenses!!—
Operatirig takes'
1—"
1946—10 Mos—1945
1946—Month—1945
13,686,406
Operating revenues
Uhcollectihie
971,270"" 1,011,805
'9,537,532
11,081,324
771,2iO
7,527,431
8,930,09®
723.004
„.
Illinois Power Co.—Claims Against North American.
.
-Gp.-Settled— "
i
v-
il
Allen Van Wyck, President of this company: D. E. Ackers, President m
.of North American Light & Power Co., and E. L. Shea, President ot
The "North" American' Co. on Dec. 13 stated that all 'the claims ot
iilino.is Power Co.
asserted against North
~
-
"
'•
American Light & Power
cqunterclaims. asserted
WMect & requisRe ap:
r.cquired
from
Nort®
Co, securities of Central Term. Co. ip.1932 will
Co. will return to North American Li$:ht &
tq holders
„
m
r:|
;
Illinolsf
Net
*
To
With
$1,795,144
...
Prov.
Cp.—Earnings—
1946—Month—1945
Oper. .revenues—electric
surrender certificates
31
quarter'"
■.mxHi
t'&.pv
$4,431,296
$,890^f9; s;|^82^7®
140,872
102,11$,v
adj. for 1944—
(acuities
•
1943
$4,888,702
$2,432,655
int., etc._—
4
-sbare-
354,829
the volume of sales in the third quarter period greater than.
1
first half year, there is little doubt but that net profits I'M.
.third quarter alone; will considerably exceed the figure for ther {t
first six months period,"; stated Mr. Weisman." "However, certain prop
visions for year-end adjustments and reserves, which are not: as yet
1 %
165,078
Gross income
Cash disct.,
.
$2,267,577
profit
Other income.
368,658'
-
———Mf|»5§5
^P'7?
.
299,659
for .the
$4,623,899
870,743
432,670
'
436,428
pfd. dividends—
Gominon. diyiderids —
Ijet profit before taxes
v r
Federal income taxes_I~III—!——2—2ZZZ---
(<fe Subs.)--Earnings—
1944 f '!
1945
$3,603,428
899,422
Shipping" experises
Sell. gen. admin, exps.
Renego.
^565
$88,482
68,796
-
1946
Net iucorne
per
1946^9 Mos>—1945
$3,560,838
"With
Coriv.
.~Sawwq8g0B W" MMiras warn smr.-^
Fn^Lprof^capitaltaxes————
aarued
share
'
$
.
j-iailllllgo
$461,582
revenue—
sales
Federal & State taxes-
Earnings—
,
JW
^
$96,19$
$6,475
78,624
profit on sales-
Operating
Arkwright.
"35,000
.!'.253"'
'47
——
End. Sept. 30—
3 Mos.
Ne^y Chairman .of Board—
Eugene.A. ;Ya.tes,-Vice-Fr.es.idept tf Ccmmonwealth &
Tu-„„,
from
rev.
Total
10/166
2287.
p.
'
Gross
$4,339,549
118,510
$8,264 "
1,174
•'
$6,247
-
te Ggi'P.
$537,399
223,005
™—
5f,s been- elected
late Preston
income
$700,957
436,212
'32,355
$9,438
2,917
*
$7,445'
1,819
accruals
reserve
1946—12 Mos'.—1945
$58;012
7,919
—
"
...
-
$416,750
Gress -income
44,776
6,489
■—
—
—
*
"
Net oper. revenues—Non-operating inc.—net
*
Dividends declared
plant
-a—
Net income —Z—ZZZ-Divs. .on pfd..stock
Balance
Net
Other
Co.—Earnings$66,629
Balance
Cr9,7l7
,5,708
de.bt-
of
debt
deductions
on
'«'•>.
"
—
363,32®
?- 95,965
14,989,33®
.
Operating expenses.
•
Interest charges
income
7;$|,707,181
(pp.—Declares Three Divs.—
quarterly prefcrenel hiyidqnd of
X946—Month—1945
—
Maintenance
Taxes
$8,532,109
3,622,654
712,621
exc.
2,060,601
$1,197,72
fr|$'i0ct. f tp Dpq, 3jt, 19^6. *
Operating revenues
4,449,166
&
taxes
95,965.
1946—^Ionth—1945
—1"
portation
$1,773,337
"v- Following the 60^ stock distribution wade in June, last, the compan^von" June 29, 1940, paid a dividend of 25 cents in cash ,on the
common stock.
A total of $1 per share, was paid in ,3,94,5—V. 149,
common stocki
A total of
p. 38747 -V; 145, p: ,3657. 4
*'
2,470,671
3,531,942
202,801
...
Period End. Sept. 30—
rev. from
trans¬
66,156;, !.v. 66,156
participating, dividend of 50 cents per share
SM
g. stock,
as well as
a dividend of
jar value
common stock, all payable
Haverhill Gas Light
.
165,500
t4s
Federal - income
9tner
$I,263'88"i
the 3%
tRe.:'.qtiaiiiqr-
1946—Month—194.5
194^12 Mo? —1945
$4,562,128
$4,168,556 $51,912,990 $49,576,843
^
24,569'720
8 001 279 25,855472
cnn>nnn
.4,915,332 '
403,000
5,073,500
4
v
«.
47 50®
.
362,683
—
.15,540,394
Gross
Cr2;507
to' holders of record Dee, 11. These distribtitioh? are subject
Wisconsin privilege tax. The preferential dividend covers
Dec.- '27
at the. option of
164, p. 3143..
•
tments
9,285,945
47;50O
$26,908,903 $26,164,194
1Q4j p. .1721.
Maintenance
Hamilton Manufacturing
Tlie'directors have declared 'a
Period End. Oct, 31—
^
$882,128
'^Kpooo®
9,28$,Wl
surplus:
v/«.,
Crl3,864
-
...
Georgia Power Co.—Earnings—
vmlum
17^/930
^
'
$76,746 *' $138,388
*
"
Period Epd. Oct. 31—
dross revenue"——!™
Z:
—
Period End. Oct. 31-
•
gold bonds, .due
J%.I6hds3n"f940. The debentures' are; copyertifele.
■^e polder: IntplGenerid Fublic Utilities common.—V.
\
• ~
.
$1,576,417
———
Honolulu Rapid Transit Co., Ltd.—Earnines-
$1,929,896
Cr2,483
•
.495
$143,901
5,513
5,513
1—"
164, p. 2546.
—V.
the.
.
Gross
30,508
33,069
Cr207
,
.
$82,^59
—
pfd. stpek—
on
Balance
.
,u
1940, .of. Associated ; Gas ii Electric corp. the benefits accruing to
them b.y-fhe. conyersionr priyhege, (Of the debenture?. :
-•-•'• :
: Tpe
plgn .Of reorgahizatioh of (Associated Gas & Eie<#ic Co. .and
igri .of reorgariizatiori of: Associated
EJectrrc
and
d Gas & Electric Corp. became efjfectiyh Jan. 1, 1946, with
General Pu^icvDtilities belng. thp surviving company. The plan prothe
for issuance" of the convertible 'debentures to the holders .of
profits
48,000
$1,465,741
171,274
14,312
1,391
»
«eri^ai
$158,500
Cr205
.
convertibleiqr. the holders "of"the; unexchanged .8%
accrued property,
taxes.
pre¬
debt. 1—1—
Other deductions
"■«»— —v,+„4»^ -«« "c
%.."^i!^i%-als6'"--"-''-^
approving the original
other
Unappr.qiU'iaiied ' —
338,270
580,180
27,022j
$97,6.18
14,174
income
mium; on
48,000
280,769
4,090
r
88,615
Amortizat.io'n
•
•
4,000
taxes
of. long-term
Divs.
„
,
'
accounts payable,
and
•
""
"
250,000
80,622
c
treasury; funds,"7%, redeem-its oiitstahding .coh.vextible debentures,
^an, l; 1946A^( '
.
'
■
; in its
original application, .whiqh was. conditionally approved by
Con\mlssipn; the company planned( to. seU $6,250,000 of notes,
preserve
1,937,984
272,000
22,446,03® 1
66,373
Appropriated for self-carried insurance
Appropriated for "contingencies-—11_1
$4,534,658
"1,866,032
iricome taxes—_j
Federal
Net
7
$4,514,762
148,875
21,000
293.006
273,573
——
Rsa
of
acquisition
approved the amended proposal of the. corporation
to sell $4,750,000 9-year notesto-three banks and use proceeds, with .
M.
$359,398
|
^
$3,344,535
$3,858,815
Capital surplus paid in—
has
,
and
Earned
<
:
'
^
Long term obligations
Capital stock
account
C4 ?;i<l '7fi9
160,016
2.3,000
'plant
adjusts.i."
Amortization
Amended Refinancing Plan—
SEC Approves
The SEC
for the
703,302
937,743
$3.72
.
$26,908,963 $26,164,194
income
1946—12 mos.—1945
1945
'
ended. Dec. 13,
12,092,876 kWh.,
electric' .output of this, company .for the week
|o 142,702,734 kwh., an increase of
qr -9.3%, over the 'eorresppnding ^re.ek of 1945.'
The
1946, amounted.
sold
were
KQ QQQ
$373,250
revenue
Gross
General Public Utilities
1946—Month-
—
armed services '
for the
producing
shares
The
family and certain Mellon' foundations.—
'"V •
'
Mellon
Operating expenses
Prov.
for depreciation.
trucks which. Chevrolet, GMC Truck &
were
underwriters.
.*
$3.15
.
Sept. 30,^6 June 39,'4G tj
^otaJ-------
2,318,657
1,093,132
the
$3,489,604
,
22,710,142
LIABILITIES—
Notes
—v.
•>104,356
in these totals are
59%,
to
members pf the
164, p. 3143.
!
banks,-acct. receiv., U. S. Govt, secur.,
inventories of petrol. prod.; mats, and
supps.
Investments in other companies,
special funds
Gulf Ppjyer Co.— Earnings—
2,314
1,463
at
Period End. .Oct. ;31—
104,655
1,3.40
----------
Canada[J-------
.included
31,735
1,127
791
•
18
share
a
59,$60
Truck
4& Coach:,
truck'sJ:.:—
Dec.
34,252 j*
in
Totai
a
stock
The
.
•;(
192,759*!
* 937'743
—IC-Z
j
15,959
CONSOLIDATED BALANCE SHEET
Cash
.
3,8. Approximately 75% of the share? had,'
share'up" to the time that' the' syndicate
closed on the* Rew York Stock Exchange
of. fractionally .below the approximate cost of $60;
terminated.
was
-
$3,716;6ia
$2,956,274.
1,172,179
~~
Prepaid arid deferred charges
Boston.Corp. Dec.
bee.n distributed at $63
45,592'
•
Chevrolet—passenger—;
Truck" _-----—-1
Pantiac
Oldsmobile "1„—
Buick ------—'rrrr—
Cadillac
First
Jan. 1 to
Jan. 1 to
'$& Dec. 14, '.48 Dec. 13,-*41
$3,700,652
'
780,000
;
,share—
pep
,;
.9,609
^^
;Shares outstanding..'.—
!
2,308^39^
16,216
•
1
Vj
2,610,244
;
0,729,666
1. Z!jr_i2._.
'_t-
: .1945
^8;6,f9;289
2,97.0,514'
2,5.51,552
Net capital assets
agreements amon8 members' of the investment
recently underwrote® a secondary offering- of
company's capital stock, was announced by The
of
group that'
shares of the
399,860
divisions: "
■li!
termination
banking
its
on
'
.and deferred accounts receivable__H'___-____
Gulf Oil Corp,—bankers Terminate Agreements—
The
* •l
,
income
■
with
.
.
the pievipps"week.
working
handling
49,251,233
..^Net income^--r——.....—
-
departments have since been added to seven other stores..
This
policy, of .adding, children's wear .departments will be continued, it was
announced.—V. 164, p. 3143.
\
." -
.
to
business
1946
;
Estimated Federal income: taxes-i.i-_-__!—II-
*'
25 for
30—J
Interest paid,
wear
.
senger
'
added
be
company's
ep.erMing. income^—
OtheT
the parent
company's was completed.
' .•;■ }V ,v;' ;•-*";
In May, the .Grayson
store, located at 533 South Broadway, Los
Angeles, was converted to children's wear, exclusively, and children's
/
the year
For
the
$3,745,883
new
ordination
approximately 82% of the average
was
did not get Into pro*.-a< "* % tgjmg
.
2546.
p.
b®
and
$1,250,000
hne of. mech°r.4.ral rubber goods and materials
Months Endqd Gept.
453,285
;
opened, the former in Modesto
and
Hollywood, Calif., .and the. latter- in El Paso, Salt "Lake City and
Philadelphia.
The Robinson stores in St. Paul and Youngstown were
closed during the' year, at .the expiration .of their leases,
and -lco-
weekly postwar "^dolfd i^^fe-;prpaphtic!^
£ara "
General'MOtd^"';^ the United States was achieved, during the.
week ended Dec!14 .with '3.2,713 ;dars .turned put, '720'more'than the
previous wcekXy pd^tvy.af production''' record" of 31,$93, hchievcvd" in
the Reek'c^ff.^ofc^V'v
!'""
14; .w.eek
$638^881
$1,119,665
s: 5'53,dom
„
A new
'prcdh'ctio^ f'dtje! 'maintained .'during the'-lpel/ |6g<Wf J88&
9
company's fiscal .year, which'formerly ended on Sept.-39, has,
changed do coincide .with the 'calendar* year; beginning Jari. 1,-^1947* f
At the.
.cfose of September, last, -the company operated 47 Grayson
and Robinson stoTes and'the S. Klein "
storfe; compared'""with 28 'Gray¬
son stores
aiyear earlier. During the 12 months two hew Grayson (
by
Output in the Dec,
in
•
will
•Costs, .operatii\g expenses, taxes, (other, than
Pederal income) apd general expense.!j-—-Depl., depr,, amort, surfd. icasehcids & aband.
The
and -three,
•weekly ^
increase
March,
-iloan
the
about
been
»
had- to
operation,
of
GrqsS'' operating :"ji\co,itie-'_—
$638^81
Squarerihcr.,
.
-■*
«
»
the
from
cost
a
The above
subsidiaries*
^f'c^ts;"on-nommon-before being<-»pHtv-Both:dividends, are.payable
Jan 2 tn ilO^^.ot rccord.Qec. 16. Quarterly diyidends Of. 25 "cents
on July 1 and; Oct. i, .last.~v.
-■'■'a,
finance
con-
>v •'
cQmmbn s
'
-?:«
proceeds
economic
despite
year to fulfill heavy sales 'commitments.
Restfoa.m* plant, built at
scheduled, for Operation in
equipment.—V, 1Q4,
Li.'J
available _is>r
fox
and net profit
made
-
$1,169,355
income
intended
being
were
......
to
»5f--war
21,589,979
said,
"1,048,087
1,735,414
'*■???*"''..
.v
Income
Preferred stock' diyidehtrpaymfenfs—
bf'fialifbrift#^
capital
i
Net
neyer..
he
Flatty early, .this
the
$34,202,121 $23,964,274
pSiSL8*}^
Provision for
gains,
duction^untii August.
'#^582
_
main
priguially
1945
$33,694,7.04 $23,716,692
Tha stockholders on Bee.authorised- a 2«fQr-l*sjplit oi the .out¬
standing ;cOi[nmon stock, -issuance of- the new stock" was expected soon
after Dec 47 an, receipt of permits from the Corporation Commissioner \
•.
Kfts
ejyj.arrded.
yther. income.
pall^Splii Vdted ^
(,
-These
r
"•
S' vct^-p^J>Ji--,th4;.cpTOo^atcfek
A p. 2408. f
™Pt' 3°' -Wheil sales totaIed $4,059,920
^ jy:'"rfj!"'
share nn tire, preferred
a
the. ,.dividends ordinarily
on
March 29, July 23 and. Sent! 24
paid on tlae ,B ".common
on
while
cents, each
....
,
on ar.
inrii'22-and July 23. Kst. and
&'
30
Grayson-Robinson Stpr.es,
about" Dec;24 on the common A ^.ck .and op m com-;
fnon B Stock: pn Oct; 18, %e . company paid S- cents pejr sh^ on
the B cpainipn Mt'MEMl c^mmon^s colored Vith
S cents
<>*
.on the & common on (
'nayaWe
of
rV-'J J
J
The regular Quarterly, dividend of $1,12%
estimated to cost
-
.
-
THE COMMERCIAL ft FINANCIAL CHRONICLE
~''tv£&i~'rn
oil
9Prnr)tif»q
nf
Central
Terminal
Co.
held
now
by Illinois
■-
state, will slarrender for canpellation $966,OOOVf ^lnter*rtate6
%? flm
^
heating service is furnished
Iowa.
Co.
$6,800,000 in cash.
:K North 'American Light
by
iic'ottimon stock
render
5
to
it
will
Co.
.
exercise
...
,
one-half
of
the
Northern
.
purchasing
warrant
Power
150,000
C of
by
the
at
Illinois
covering
n: plan
■■■■,■■.>,
ft "Power
Co.
shares
The
of
150,000
of
price
for
shares
$30
Power
Co.
share,
per
cancellation
Illinois
North American
the
Co:
Illinois
of
and
remaining
will
sur¬
warrants
stock.
common
;
—V.
The
North
Co.
American
will
be
filed
as
promptly
240
214
$239,145
$213,581
.185,111
50
26,654
—
$213,795
■
property
v
...
"■
-
company on Dec,
f6r 5,252 Bharesi of
50
500
38,986
298,937
$27,331
.13,383
-
$39,912
23,845
Kaiser-Frazer
Shipments
during the
'438|952
•
A.
at
Indiana Gas & Chemical
Subsidiaries
rr'wQuarter
&
Ended Sept, 30—
Warehouse
revs.—-
Mfg. and oper. expenses.......—
Maintenance
iAdmin.
and
repairs
.—
and selling expenses--,-.'—
>ln$urance:-;2-t——
t@tate: and Fed, taxes other than inc.
».//Net
income——
—
Corp.)
1945
*
1944
$540,381
370,818
34,291
33,866
19,514
19,726
39,670
$65,851
38,681
$103,281
37,138
$72,826 ;
$27,169
Indiana Service Corp.—Amends
4oiMeet SEC
Suggestions—
has
amended
$66,142
*
Recapitalization Plan
its. .recapitalization
plan to conform
conditionally approved the
^.p^an; ^ The Commission said then that if
changes were made in -ac- v
/cordance with SEC views, it would enter an order
approving the plan.
t^.The amendment provides that the portion of proceeds allocable to
preferred from sale of 200,000 new common
shares to American Gas
by
the
SEC
when
it
&-Electric
1 y8
Co. is to be divided to
give each share of 1% preferred
times the amount allocated to each
share of 6% preferred. *
pn thev$3,300,0©0 as of Oct.
Based
J,
1946,. to be received by the :
7% would get $115.87 a share and the 6% '
$102.99, according to the Commission's
opinion.
twy s§ries of preferred, the
preferred
The
200,000
Gas for
ican
new
shares of Indiana are to be sold
common
to Amer¬
$6,287,500 plus adjustments. Of this total,
$2,987,500
is to be paid to Midland
Utilities Co. parent of
Indiana, in settlement
of demand notes of
$2,739,000 principal and $1,677,727 accrued in¬
terest to Dec. 31, 1945.—V.
164,
The
before
2959.:
p.
^ItX^.ftussell
Feldmann,
Chairman
outstanding on Feb. 1, May 1 and Aug,
1, last, and on Feb. 1, May 1,
Aug. 1 and Nov. 22, 1945.
Mr. Feldmann added that
"the dividend for the first quarter of this
fiscal- year, which
began on Nov. 1, will be considered when the results
pj operations for that period are morq clearly
defined."—164, p, 2547.
,%i 1
v\c' '
4
^
^
I^n®r&i6nal
t
r
'v
v*
w.£f, i^x
4
■'
,
'"a';..'".
,* AA,'-;>v:-.
.-vr.
14 Iplcrnational Investing Corp,~*-Removed
from Listing
from
dealings
since
Kaiser
Fleetwings,
Kaiser-Frazer
a
Inc.,
and
and
are
Dec.
2,
1946, the $1 par common
'Stock of this
corporation was removed from
listing at the New York
; Caih -Exchange •
opening i of business on Dec. 16. This action
follows
the closing of the
corporation's books in connection with its
liquida'tiOU and
dissolution.—V. 164,- p. 2959.
Atwill &
thereafter, in
dated
Bonds
"
also
time
prior
to
Foster
?
be
..
:«p^xVr'P0SE—Company
the
,01
new
J.
Inc.
Inc.
Co.
as
^
(b;
dividends)
bett,
Any balance
preferred stock
scries B_
the
bonds
new
?! !
x
extent
that
the
proceeds
loans
added
to
-
capital
will
Holders
of
debentures
Telephone & Telegfraph
Corp.—Redemp¬
$16,589,000
for
of
redemption
4l/a%
as
of
debentures have surrendered
the
close
of
business
Dec.
2959-
Operation.,
1
Maintenance
Provision fof depreciation—r
Taxes other
than
Cumul.
Other income
i'Vil
Gross income
$2,074,877
29,821
SEC
$2,104,698
1,076,318
$1,316,878
673.784
$1,028,380
$643,094
..
has
approved
the
recapitalization
plan
for
the
company
jointly by the company and its
parent, the Northern
States Power Co, of Minnesota.
was
filed
riceH
Interstate proposes to increase its authorized
common stoCk to
$550,000 ? consisting of 5.500' shares (par
$100);; from $250,000, 'J
>
xf
«/
yti also will
issue
$350,000. of
new
4%
first
mortgage bonds,
V
710,000 shs.
fei? 5fpt-' 1' 1922,
.issue
necessary to redeem
•
tSerial
+on
oi
all
series
,
«
aggregating
all
1946, the
Continental Gas
due
be
into
$3°5GM00ain cash.'0""10" S'0Ck
souri
ft.
through
consolidation
Light^ Co.- and Carroll
In the
electric
gas
energy
heat and
of
two
1947,
was
Co.
If
stock
Northern States, which owns all the
•.
...
time
^
.
><
■ .Jf
■
/
.
V »
■
■
»'
I
"
-
.1
<
company's
in
Iowa
downtown
territory. Steam heating
City, ^fo., and a
limited
goner —
F. S. Yantis & Co., Inc.
;
anv
No. of
Shares
10,000
Estabrook & Co.
2,000
10,000
First of Michigan Corp.—
Hawley, Shepard & Co—
2,000
10,000
Maynard H. Murch ft Co._
2,000
Putnam
&
2,000
Co.—
2,000
Reynolds ft Co
2,000
Bosworth, Sullivan & CoFahey, Clark & Co
1,000
1,000
The First Cleveland Corp.J. J. B. HiUiard ft Son—-
Kirkpatrick-Pettis
McDonald
&
The
1,000
l.OOO
1,000
Co.
1,000
Co
Ohio
Co.—
-
1,000
said
be
4,
paid
in
the
usual
course
1946.
djvldeiJa
date
that
on
•
for
stock.—V.
164,
p.
payment of the full redemption
15, 1947, upon presentation an
3145.
time
contract
number
Lambert Co.
be
and
sale
area
in
to
comply,
30 days to file suggested modification.
the SEC said it will enter an or
The
Net
the
*On
1946—3 Mos.—1945
•tq4fi
Q
$1,397,273
$4,735,457
619,401
$0.83
485,226
2,739,832
$0.65
$3.67
Federal
La Salle
;
p.
omoood
$2.4
2693.
Extension "University, Chicago—Extra
The directors have
declared
and the usual
an
quarterly dividend
Div.-
extra dividend of 20 cents
of iy2
cents per share on tne
stock, both payable Jan.
2, 1947 to holders of record Dec. «
An extra
distribution of 10 cents
per share was made on Jan.
—V. 164,
p. 2019.
'
*
.
,
Pfd. Stoc
corporation has called for redemption on Jan, 15
represented by each certificate of
prior
Without par
P^®ieLhp
value, from holders of record on Jan. 3, 1947.
•Tthe shares
.
1.80L4
net profit is before—-or after-yas stated—-provs
income and excess
profits taxes and minority mi
Lefcourt Realty
Corp.—Calls 50% of Prior
amoSnt
S5-2;^'?!
NOTE^-Above
for
^The
service
Mos.^—1945
$1,031,715
746,371 shares of capital stock
outstanding.
subsidiary.—V, 164,
of
of
profit after taxes—
Subs.)^—Earnings-
•Earns, per share.—
its
of
(&
period End. Sept. 30—
Net profit before
taxes.
v
engaged
aid sale
fails
the plan.
On
the
in 1922 in
MisKansas City
Power
is
company
Dec. 16, the directors declared a dividend
of 50 cents per share
thescommon stock, payable Dec. 27 to holders of record ue •
•
Together with the dividends of 25 cents each
paid on Sept. i
payable on Dec. 26, latter declared
on Oct. 23,
total dividends f<)
will amount to
$1 per share. Nothing was paid in 1945.—V. lb"*,
-
with
plan of the company is unfair to its holders of
SEC declared Dec. 13.
The Commission witnneiu
on
be
to
in
the
and gave the
company
,
of Dec.
ii)f-
100,000
200,000
"
(G. R.) Kinney Co., Inc.—50-Cent Common Dividend
new
service
Kansas
& Co._
Wag¬
respective amounts of $9, $5 and
$1. /*
In its
findings, the SEC declared only 71/a% of the new comm
should go to holders of
outstanding common. It said the plan sn
also be amended to
distribute for each share of 7, 6 and 5 ,r P
ferred, one share of new preferred, cash in the respective am
of $9, $8 and $1
and new common shares in the respective amo
Of 11, 9.23 and
8.—v. 164, p. 2288.
'
issuable
bonds'are
the
be
due
outstanding securities of Inter-
&
in the
'
t
Wood
Neal
company's plan provided that eacn nou
of a share of its
outstanding 7, 6 and 5% series of preferred 8et
share of the new
preferred, nine shares of new common ana
100,000 shs.
$525,000 shs.
bonds, and
generation, transmission,
distribution
and to1 a lesser
extent in the
distribution
water..'Electric energy is
distributed in an
150,000
150,000
Wyatt,
immediate
dividends to Feb.
accrued
of
disapproving
on
are
Company
will
Dec.
available
recapitalization
its order
formed
predecessors,
County Hlectrio
150,000
_
Kings County Lighting Co,—SEC Holds Plan Unfair—
A
to
any
such
1947
preferred stock,
whereby Continental has
bodies having juris-
1,
100,000
Corp.
names
of the several principal under¬
preferred stock and the
respective number of shares
severally to be purchased by each are as follows:
new
record
price, plus
®S Continent»l. *M determine
BUSINESS-—Company
principally
a
1,
are
surrender
1, 1946.
principal amount are to
be
Pursuant to a loan, agreement
company entered
& Electric
Corp.,
300,000
PURCHASERS—The
of
Funds
corre¬
course
contained
as
Jan.
holders
outstanding nrst mortstock, series B,
addithnal
Co
&
All
preferred
restrictions
to be dated
rtfrHnn S^n j n?fvphQ cIi0Lapiir0ua3 of V?
dViVn' \° Purchase on or before March
tor
new
100,000
of the
oustanding shares of first preferred stock, series B, have
been called for
redemption on Feb. 15, next, at $115 per share ana
dividends. Payment will be made at
the Guaranty Trust Co. of New
York, 140 Broadway, New York, N. Y. The
regular quarterly
the
$4,000,000
^nk ^oans
3,
the
that purpose.
which may at
t<hat
accordance with the
jnortgage and deed of trust,
notes
Dec.
parent,
in trust for
unbmited e?c^pt
-
at
bonds
may
Co—
Calls Series B First Preferred
Stock—
first
mortgage
as amended and supplemented.
and sale of
s.enes ,dae 1966, and first
„?mour£ ?f bonds
nf
which
except that' additional
restrictions contained in
inevocably deposited
?Sh2f^nivWJr
series
&
Harold E.
-
200,000 shs,
all
with the
//
m
'Vu
.
.! bet. 1,-1975.
bonds of
rn+e ? V
f
Concurrently
d
$1,274,500
42,378
Interstate Light & Power Co,—Plan
Approved by SEC
The
which
t
150,000
100,000
Stokes
Wheelock & Cummins,
Inc.
Kidder, Peabody & Co.
10,000
Coffin ft Burr, Inc.—
5,000
& Co.-—-*-*—
5,000
Stern Brothers ft Co.——
5,000
Spencer .Trask & Co.—
5,000
Dean Witter ft Co.5,000
Baker, Weeks1 ft Harden—
2,000
BlaiT ft Co., ,IhC£
2,000
William'Blairi ^8. CO;-i-^ 2,000
$36,000,000
"
4,00Q,00O
,
'
950,000
Co.—
Thomas
Hallgarten
Outstanding
*
200,000
Harriman Ripley & Co. Inc.
NEW FINANCING
Authorized
100,000
the
V-•
-
TO
series due 1976-
j-e aI?10Un^
671,967
907,999
--
stock
(2? conriirrpnH'V
_
?
preferred
\
GIVING EFFECT
ni
l ?
Mvif
346,970
669,572
338,509
———£!«—————
P- 2547.
3,519,483
and ex*
Interest, special charges, etc.
rjY/164,
1945
,
$6,859,878
2,988,869
437,831
577,540
703,759
(net).
Exchange.
(par $100)
3.80% cumul. preferred
stock
Common stock (no
par)
nnri
1946
$7,651,999
Federal income taxes___x.—_
provision for estimated Federal income
.cess profits taxes_^——
Stock
nnif ?n B?pgnriS unlin?|ted
•
i.-—-
York
Funded Debt—
/in
Iowa Public Service
f
Co.—^Earnings—
'; 13' Months Ended Oct. 31—
Operating revenues
LISTING—Company Intends in due
J ? bsting of the new bonds and new preferred
1st mtge.
bonds, 2%%
Serial notes
;
,
*
at
New
CAPITALIZATION,
This
.
;
fhf
their
16.
total .represents
63% of the $26,051,000
outstanding on Oct. 31, 1946,
when' the bpippany'.
announced its intention to retire the
debentures.
Holders of the debentures were
given the opportunity of
obtaining im¬
mediate payment of
par plus accrued interest to
July 1, 1947—the
call
date—during the period from Nov^l,
1946, to Dec. 31, 1946,—V.
^4,:P.
nnnh,Pf^?A!v70v t"f0R
the
&
Wachob-Bender
Drexel ft
pro-
working
200,000
950,000
Stringfellow..
Smith, Moore & Co
Stix
Elyth, & Co,i inc.10,000
at
sale
^ew bun?s and new Purred stock may be
insufficient for the
iSC? d redemption and expense payments, the
proceeds of
?■
2:115! wi,U be aPPhed thereto, and the amount of the
= ■5, suclL bank
spondingly
&
No. of
and
from
100,000
x.-.
Shares
new
remaining after making the above
described payments
f
the Paymeut of expenses of
at
refinancing (estimated
$250,000), and any balance
remaining after payment of such ex¬
penses, together with the
proceeds of the bank
to
loans, will be added
working capital.
To
the
Co.
Townsend, Dabney &
Tyson^
The First Boston Corp.
4,600,000
of
Scott
Cor-
—
writers of the
$41,800,000
—-T:
of proceeds from the sale
phrey
100,000
200,000
150,000
100,000
Co.—
&
200,000
Reinhoidt ft Gardner—
The Robinson-Hum¬
450,000
Co
STOCK
100,000
100,000
Ranson-Davidson
Co., Inc.i-
100,000
850,000
200,000
:
Burns
100,000
100,000
Christensen, Inc.
Quail & Co.——
Walter
Co—
&
100,000
The
&
CO., Inc.—
Inc.
& Co.
Patterson, Copeland ft
Kendall, Inc
Perrin, West & Winslow, Inc—;
Peters, Writer &
,
nni)
JMj.omi
of new preferred stock
■
redemption price (exclusive of
accrued
40,000 shares oi
company's outstanding
of
first preferred
^tock,
&
Martin,
'•••?
To payment of
ft
1 no
2,500,000
Co..
Shields ft Co.-
Co.—
Co., Inc.;
Kalb, Voorhis
^J,■ A
1966—..^^
Park-Shaughness
100,000
950,000
Co
&
Co.__
L. F. Rothschild & Co._
Harrison
&
100,000
200,000
& Co.__
&
O'Gara
Otis & Co.—;Pacific Northwest
Johnson, Lane, Space &
intends to apply entire
proceeds ..frqpi the sale
preferred stock, exclusive of
accrued divfc*
follow.
To
series
&
Hirsch
1.200,000
& Mc-
Alfred
150,000
—
——
Hayden, Stone
Hill
Beane
Newhard, Cook
'
H.
ft
Knight, Inc.
1,200,000
T
—;
Lynch, Pierce,
Fenner
Milhous, Martin
450,000
Harris, Hall ft Co., Inc.
Carter
•
-
payment of redemption
price (exclusive of accrued
interest)->of $38,000,000 first
mortgage bonds, 3%%
due
,.j
„
■
Metrill
Co.,
—
100,000
100,000
Inc.
200,000
ft
B. Hanauer &
$100,000
100,000
Wm. J* Mericka ft
Co.,
Harley, Haydon ft Co.,
bonds and new
4Btmst.
-'-Ia)
•••-
•
1.645,360
1334807
&
250,000
300,000
100,000
1,200,000
Gregory & Son, Inc.—
or
on
14,611
*4,670^68
Co.-
100,000
Marshall—
Giore, Forgan ft Co
Green, Ellis & Anderson
1,
dividends.
maturity
$4,655,556
15637
,
Co., Inc.j—
Farwell, Chapman & Co.
Field, Richards & Co.—
Folger, Nolan Inc
redeemable upon like notice
purpose of the
sinking fund and the maintenance and
ment fund or
replace¬
by the use of proceeds of
released
property at special
redemption prices^ The initial
general redemption
the Initial
price .is $104.43 and
special redemption
price is $101.44 plus accrued
each case.
interest in
'•
•
*'ifor the
;
will
to
Co.
Clement A. Evans ft
and Dec.
days' notice.
Co
Dain
Davis, Skaggs & Co.—
Dempsey & Co
Elkins, Morris & Co.—
in New
time
least 30
,
&
M.
Loewi
on
38,693
4.423,818
$5,5lTiqfi
Mason-Hagafl, Inc
Mason, Moran & Co.___
McMaster Hutchinson
200,000
750,000
100,000
150,000
200,000
200,000
150,000
150,000
100,000
250,000
100,000
Co
Kalman
plus accrued
86,670
the
Co.-—L..—100,000
&
Dec.
case
Co.-
Dallas Union Trust
,
tion-
&
Julien Collins & Co
/
each
^^8-023
$4,022,901
of
100,000
750,000
100,000
100,000
Baum, Bernheimer Co.Burr & Co., Inc
Caldwell Phillips Co
City Securities Corp,£«
property additions.
is redeemable at
$107.70 per share
$105.70 thereafter but on or
before
at
reduced.
^ international
Co._„
C.
Cruttenden
..'J
,886-94(l
1104,237
2.264,915
2.152,339
_______
Atkinson, Jones
Graham-Paige
stock
1951;
$103.70
are
June 1
•v
company has decided to engage' in a
manufaciuring. program in
"Australia involving a
capital 1 expenditure of $5,297,200. >■!;. It con¬
templates large-scale manufacture of
tractors and motor trucks; for
which new
buildings and plant Will be provided at
Geelong, 50 miles
from Melbourne.
Production is expected to
begin in January, 1948.
,/Thlsiexpansion will provide
employment for an additional 2,500
people.—V. 163, p. 2855. v
'idSuspended
of
nationwide
i'"47-2^
58?
$5,670 793
PURCHASERS—Names
Allyn & Co., Inc._
Almstsdt Brothers
manufac¬
are
s^3,573,76i
47?
3,221,481
income.
Allison-Williams
one
1,
at
^
harvester Co.—^To Manufacture in Ausr
itpalia—
plant
construction,
US'°eS!'
222809?
&
Inc.—$16,000,000
by
Dec. 1, 1946; due
Dec. 1, 1976.
Interest payable
1 of each year at the
office or the
agency of the
York or Chicago.1 The
definitive bonds will be in
coupon form in
denomination of
$1,000, registerable as to
only, and in fully registered
principal
form in denom. of
$1,000 and authorized
multiples thereof.: Coupon and
registered bonds are to lae
able. Bonds will
interchange¬
be redeemable at the
option of the
at any time or
company in whole
,in part from
Month of
Years Ended Oct; 31
Nov., 1946
1948
1945
$5,597,843 $40,981,473 $36,244,179
of the board and
President, an-
—'
Ubunced that the directors on Dec. 13
took, no action on the
customary
November dividend on which a
decision had been deferred last month.
Distributions of 25 cents- each were * made on
the. 1,200,010 shares
l"
Dec.
company
^sales
Pa.,
the
preferred
and
Bonds
on
'
1
new
1956;
Action—
iCvhspTidated
Bristol,
through
all-aluminum
Further details follow:
International Detrola Corp.—Sales
Up—No Uiviclend
■
of
are
.;
—
the new bonds
A.
network
*
syndicates,
4,329
'AO i:
made
19
16, two underwriting
headed by Halsey, Stuart & Co.
Inc.,
and the other by The' First Boston
Corp. placed on the
market Dec. 13 senior securities of the
company amount¬
ing to $46,000,000 in par value.
Consisting of $36,000,000
of 30-year first
mortgage bonds and 100,000 shares ($100
par) 3.80% cumulative preferred
stock, the offerings
will accomplish a
refinancing operation intended to re-i
duce bond interest from
.3%% to 2%% and to retire
40,000 shares of $6 dividend series B
first preferred
stock.
The bonds were offered
by a syndicate headed
by Halsey, Stuart & Co. Inc. at 101.43
to yield 2.68%
and the preferred Stock
by The First Boston Corp. and
associates at $102:70 a share to
yield 3.70%.
Concurrently with the sale of the new bonds and
preferred stock, the
company expdc(s to borrow aii
ag¬
gregate of $4,000,000 against its
serial notes from a group
of banks, the
proceeds to be added to
treasury'funds
which, in turn, will be used for
46,029
'
4,356
,
corporation
Dec.
on
2 287
inctfme----------«—
J.
"*
Net inc. before Fed. inc. taxes.—~
,^y*464, p. 1722.
n
'^The
announced
was
Kansas City Power & Light
Co.—Securities Offered—
As mentioned in our issue of Dec.
1
,
;
it
units
*V:>.
$628,694
421,036
45,973
$112,495
Total other deductions—-—w—*—-
'to! suggestions
November,
?Lcompany
several principal
and the respective
underwriter,
principal amounts of
new
severally to be purchased by each aire
bonds
as follows:
Halsey, Stuart & Co.
of standard and deluxe
chassis models now aggregate
than 7,000, Mr.. MacDonald disclosed.
He said production sched¬
ules call for an increased
output in December and for the addition
of standard and deluxe cabinet
models- to the line
early next year.
—V. 164, p. 3145.
ahd Wabash
Corp.
"*.1946
$720,219
488,583
61,969
; *"
33,126
'
v 5,037
19,009
.—
<ms
Net
.
3,631
31,
1,647'892
more
Gas
_.~I
;
(net)
on c%
•
a,^11 _Missouri
nf
l'lgnSan
Total income
•
Haute
.
Production sales and oper.
Gross
Shipments
Corp.—Earnings—
Terre
Coke
which
the
marketed
ssties
of
totaled
nim
Lter L '™®
Federal
income
income
BOND;.
Jet-propelled? dishwashers
™
'
Corp.—Dishwashers' Shipments—
KaisOr
month
units,
tured
V.'
of
23, i946
nf
appiroxi'matelv
•
Operating
Secondary
—
MacDonald, Vice-President in charges of sales.
The
$369,582
224,164
158,977
municipalities
taxes__X__—__
taxes__2__-___:______.
Eederil income tfftd
excess ^rpfiiis taxes_.,«.£
tr letter
of
500
—V. 164, p. 2547.
VVV'
filed,
section
———8 147
and niisc.
State income
*
1,269,589
$288,735
small
-i.
State, local
1596.
W.
operating income
Net after charges
'i
three
downtown
Kansas.
Maintenance
Depreciation
& Gardner and Stifel, Nicolaus &
Co., on Dec. 13 effected a sedorldsiTy distribution of
4,000
shares of coiHmon stock at
$13 ^ per share, -r- V. 164,
p.
*
•
,
Other
•
..--Net
(Including
12
$2,078,623
134,633
$2,268,292
1,680,120
the
STATEMENTS OF INCOME
'
:'?i|rl2 Months Ended Sept. 30—
:
lg46
Total operating •
revehues--£---i:£>^....ta.._. $23,822 02q
Gas and
electricity purchased for resale__«l.
i
Operation"
-
$2,080,682
2;059
ORent for lease of operat-
(Operating taxes
>
Oifering—Reinhoidt
$2,270,563
2,271
in
business,
its gas business and tho
balance from its
.
1946^-10 Mos.—1945
$239,380
v ^
p. 2959.
JoBuson-Stephielis & Siiinklci Shoe tJo.
tjOparating revenues ■
{Uncollectible opcr. rev-
in
sold
For
the
eight months
ended
approximately 91.85% of the gross
operating'revenues
We're ' derived ' from Its electric
6%
of notification wltft; the'
SEC
common stock to; be offered1 at
par ($ltf ®
share) without underwriting;
Proceeds- arill be* Used for improvement?
f 1 Vl*c.
knd. devejornnent
ana development exuenses
expense?.
°S|ftaiana Associated
1946—Month—1945
two
is
—
•
ing
164,
The
r
as
-
Period End. Oct. 31—
the
on
Johnson Power-On Tranmission
Corp. of 111., Chicago
-
.-•*
accumulated interest
—Files with SEC—
practicable with the" Securities and Exchange Commission
«>*Tfce power contract between Union Electric CO. and lOfitow Power
be revised. Terms ha# irf the main
already been tentatively
£
arranged between • those" two' companies.—V. lG4,p.'2018.
-.-Operating revenues
Operating expenses
all
,
oi all holdings in securities of Illinois Power Co.
The
.neces¬
changes in the plan heretofore filed by North American Light ft
and
waive
period End. No,V.
themselves
Co.
will
Jewel Tea Co.—Current Sales
Up 44:2%—
30—
1946—4 Wlcs.^1945
.1946—48 Wks.-ml945
Sales
■—*—$8,785,046 -$6,090,990 $73,964,592 $57,401-,491
F
„
will be
by The North American
•■©Co; of the publicly held stock of Illinois Power Co. Accordingly, North
;American Light & Power Co. and The North American Co. will divest
Power
also
bonds amounting to $455,635 at Jurie
30,1946.----V.164, i>. 2547.7'
Power
amended by the eliminacition of the provisions for integration of Illinois Power Co. with Union,
Electric Co. and the provisions for acquisition
sary
and
States
'
held
/warrants
Water
Monday,-December
in
stoc
snar
"illStltfu
?
;tY(jLVtCM': -
■|
■
ST
'
,H-
IOxJH
vll
*VoJuMe-164 V Number 4553- • -p.„
Sender
of certificates, on or
after Jan. 15, 1947, at
$46.50
the
Since that time the lumber
activity has been carried
corporation.
On Aug. 1, 1946, the
corporation- purchased a lumber mill arid mill
equipment with a daily capacity of approximately 40,000 board feet,
near
Azalea, Ore., and contemporaneously therewith purchased or
acquired the rights to a total of approximately 25,000,000 board feet
of, timber, consisting of Douglas fir and pine, conveniently accessible
to the lumber mill.
Corporation paid approximately $165,000 for this
mill, equipment and timber and an additional sum of approximately
Lahey,. Vice-President of the Quaker Oats Co., has been elected
of- the board, effective on Jan. 1, 1947.—V. 163, p. 2583.
Chairman
corporation.
on
Litchfield & Madison Ry.—Chairman Elected—
A.
as
division
a
of
over
well.
At
of
Donald A. Henderson,
and member of the finance and executive com¬
mittees of Twentieth Century-Pox Film Corp. and also a director of
numerous
subsidiaries
of
Twentieth Century-Pox;
and
Claude
W.
director
Berkley and Louis Gruber, both of whom have been with the company
a number of years
in the position of Assistant Sales Manager. Prior
the
&
Period End. Oct. 31—
$1,178,192
656,214
Federal
Other
taxes
taxes
158,036
™™-—
Mr
69,383
80,400
-***'«>
.
Prop, retire, res. appro,
of utility
plant acquis, adjusts.
Los
1946—12 Mos.—1945
of
$1,073,844 $13,570,050 $13,599,398
519,257
7,039,179
6,561,755
172,752
727,775
2,421,781
71,125
914,751
800,241
142,000
2,029,080
1,725,000
21,413
256,958
$147,297
$2,602,307
the
quarry,
transfer
Angeles.
The
Angeles.
Citizens
Other income
number
are
as
Gross
Interest
Dean
mtge. bonds;
Amortization
discount
&
3,038
$192,827
41,550
income
on
37,585
of
$147,399
$2,639,998
registrar
is
Farmers
estimated net
of
shares
&
503,577
which
Merchants
&
of
each
the
has
will
applied
be
10,906
3,401
Crl39
CV354
$147,133
$91,429
190,99.7
79,232
Crl5,675
-
X
jrred
stock fo:r
period™
72,500
Mitchum, Tully & Co
10,000
Wagenseller & Durst,
Co.
California-
of
Dallas
5,000
Cruttenden & Co
$1,167,330
356,532
and
Other
4
OF
oper.
rev
income
,
Costs
9,609,353
181,688
273,064
219,142
8,814
17,821
612,418
215,944
revenues
$3,841,615
$3,647,231
30,
$122,094
*$88,511
1946
.
r<
.440,044
$342,155
26,045
$1,250,146
62,529
119,000
$351,533
4.2,095
93,000
$162,545
$190,210
$216,437
$584,616
™„™
Cr22$)Q
Crll.3,000
rrr—
$162,545
P^erh;l taxes
23,357
rev-
$8,039,138
6,106,751
970,679
164, p. 2694.
$961,708
936,543
•
1946—10
Mos.<-4§45
_
$6,801,908 $75,610,810 $66,7;73,880
4,613,312
54,802,387
44,109,446
1,321,806
10,291,810
14,3.74,220
$8,'290,214
$946,790 $10,516,613
820,428
10,409,502
$218,210
$329(437
$084(616
32,490
187,000
t
"T%Sh.
'
!Fiie SEC on Dec. 5
the company from the
issyefi an order approving the acquisition by
various stockholders of West Michigan- qoor %
t|ie outstanding capital stock of West Michigan con- *
sisting pf 4,182 shades of xqmirion stock (no pari, for tlie cash pripe
of $358.68 per share, op An aggregate of $1,500,000, and the acquisition by Michigan Consolidated of the assets and the' assumption 9^
the liabilities of West Michigan incident to the liquidation of West
Michigan.—V. (164, p. 2549. •
'
" 'T'
603,000
sumers'
Go. of all of
.
—
.
.
•*
^
*64, p. 1596.
—:V.
director, of *M|nneapolls-Mqline powqr Imple¬
ment Co.;
Farnsworth Nadio & Te}eviaion- Corp.; Pacific Western Oil
~0rP4 u. S. Plywood
Corp.; Surburban Propane Gas Corp; and Allerton,
Y.
Corp. His firm, Eastman, Dillon & Co., headed the underwriting
group which sold M. Lowenstein & Sons
preferred and common stocks
>ast March. This
was -the
initial public distribution of securities of
tms cotton
goods house which had been a family concern since the
Macon Dublin &
Power Commission
The Federal
anriounced Dec,
5
|
an
;
1,
order
granting
a
certificate of public convenience and necessity to this company of
Jackson, Mich., to construct, acquire and operate facilities for the
storage of gas in the Winterfield and Cranberry Lake Gas Fields,in
Michigan. Total cost of the project was estimated at approximately
$20,107,549.
}.
'
j"
Michigan Gas Storage proposed to stojre natural gas received from
Panhandle Eastern Pipe Line Co. during the summer season and to
withdraw and sell the gas. during the winter months, thereby meeting
has asked holders of its first mortgage 5s, due 1947,
to agree to an extension of the maturity of their bonds until 1972.
Prior to its reorganization in 1946, the Seaboard Air Line RR. Co.
guaranteed principal and interest on the $1,529,000 outstanding Macon,
Dublin & Savannah first 5s. The reorganized road owns a 46% stock
interest in the properties, but has assumed no liability with respect
to the bonds.—V. 140, p. 3900.
Department
Acquire Facilities for Gas Storage Project— /
and
Savannah RR.—Extension of Bonds
^
The- company
Guaranty Trust Company, and is a director of the Kennedy
Manufacturing Co.—V. 164, p. 3145.
,' y
Michigan Gas Storage Co. —Authorized to Construct'
Sought—
.
Banking
•
7,984,092
"
Michigan Consolidated Gas Co.—Acquisition Approved '
of
portion
Pefundable
,;i
5?0(235
*
General
0!:
<V
$6,891,958 $75,807,009 $66,858,348
10,050
196,199
84,468
$8,062,495"
after
$729,910
.219,061
$382,036
a
the
;
«-
Co.-^-Earnings—
1946—Month—1945
—
operating income
charges
Net
142,,501
Other 4«[ductioins ——
Fed. taxes on income-
Wpy.d S. Giljmour, senior partner of Eastman, Dillon Ac Co., and Roy
h.
Passmore, Vice-President of Guaranty Trust Co. of New Y«r£, have
with
»
t
the
Lynchburg (Va.) Gas
..,25® to
stockholders of record
"gnt
subscribe
on
before
or
Manhattan Life Insurance
Co.—Stock Increased—Rights—
Nov.
14,
Dec.
Thomas M.
1946, were recently given the
10, 1946, for 5,000 additional
elected
been
shf'^Sfof caPital stock at par ($10 per share) on the basis of one new
w«e ,,or each nine shares held. Scott, Horner & Mason, Inc., Lynch¬
es
'
offered to purchase fractional share warrants until their
Hunter, President of
a
director.—V.
163,
day-to-day requirements of Consumers Power Co. and possibly
public utility customers, while purchasing natural gas sfrom
at a high annual load factor.
•,
The gas which will be purchased from Panhandle at Freedom Junc¬
tion and Zilwaukee Junction, Mich., will be transmmitted northward
to the storage fields where in the ultimate program about 15,000,-
Co.—New Directorthe American Transformer Co., has
p.
1160.
Manufacturers Light, Heat &
Lynchburg,
™
were
payable
Power Co.—To Borrow
000,000 cubic
The
Va.
from
charter of the company was recently amended to provide for
,«ease *n the authorized capital stock from $450,000 to $500,000.
,
v
—V. 164,
p.
2959.
w.
■
v.
'
its parent,
through
Macco Corp., Clearwater, Calif.—Stock Offered—Dean
on Dec. 18 offered 100,000 shares of capital
$1) at $18.50 per share.
A„e
Witter & Co.
stock (par
5,
1946.r
Columbia Gas & Electric Corp., a
and 1948, company
on
,
mud
from Panhandle at city gates for delivery to the Flint-Owosso,
Pontiac, Jackson, Battle Creek (Marshall) and Kalamazoo Divisions of
Consumers. Consumers serves
gas
customers in 241 Michigan cpm- %
munities
and
townships including Flint, Saginaw, Lansing, Pontiac,
Kalamazoo, Jackson, Bay City, Royal Oak, Owosso, Alma and Marshall.
The Commission's order conditioned the authorization upon Michigan
August 15 ot each ot the years 1950
on
Co., Hollywood, Calif.—Stock
Offered—
at $12.50 per
and
proper
rj
applica¬
showing.
authorized
for
construction
include
146 miles
of 24-inch
transmission line extending from Freedom Junction to the WinterCranberry Lake Gas Fields together with laterals extending
Lansing and Alma, Mich.; 41/-! miles of 12-inch gas
transmission line extending from the Cranberry Lake Field to Muske¬
gas
field and
Dec. 17
(par $1)
Storage Co.'s serving utilities other than Consumers upon
Facilities
Eichler & Co.; First California Co. and associ¬
offered 200,000 shares of common stock
Bateman,
ates
.
to the city gates of
share.—V. 164, p. 2960.
River compressor station;
ar compressor
station of 6,400-HP
capacity at Freedom Junction and a 3,200-HP capacity compressor
North Bradley, Mich.; installation of new city gate measur¬
gon
McOuav,
Inc.
Co., Milwaukee,
Minneapolis—Stock Offered—Loewi &
Bell, Farrell & Stebbins, Inc.,
station at
Madison,
ing and regulating stations along the new transmission line at Almo,
at points of intersection of the new 24-inch line and Consumers
Power's
Owosso-St. John line and Lansing-Brighton line, and near
Park-Shaughnessy & Co., St. Paul, Minn, and
Heronymus & Co., Sheboygan, Wis. on Dec. 18 made a
public offering of 50,000 shares ($1 par) common stock
Wis
•
new
gas
told the SEC.
division, and (f) crushed rock division.
This—Corporation first began its oil operations in 1944.
tion'c in
is now one of its most important businesses.
Corpora¬
tion'^
reserves amount to 19,499,200 barrels of oil. The corpora¬
ls refinin&C ivities are hmited solely to production; it does not engage
air
transportation or marketing operations.
1hantlin?UlL?ING DIVISION—Rig building consists of erecting, disC<JrDorntLanv repairing oil derricks and facilities incidental thereto,
ization
engaged in. this .business continuously since its organsells nTirt
ls °ne of the. pioneers in this field. Corporation also buys,
Comq
steel oil well derricks.
®ifiliatpJRyClION DIVISION—The rig building operations led to the
Wle driving
of road co nstruction, excavation of well locations,
in turn ill' i.an^. repair* and maintenance of oil field structures. This,
W the
fmiliar work outside the oil fields and to a broadening
Work as ®truction activities of the corporation to include such other
Midges
reservoirs, aqueducts, pipelines, airports, highways,
Phndations, wharves, piers, breakwaters, drydocks, shipyards,
irrigation, flood control and drainage, enterprises*
a
Gas
Max Factor &
engaged in. six different businesses, each of
u°?erated as a separate division, as follows: (a) oil division;
sion-fa huiiding division; (c) construction division; (d) lumber divite)
rotary
maximum of $7,000,-
to complete its construction program
issue to Columbia from time to time prior to
is
1948
UP to $7,000,000 of instalment promissory notes which
tn
be unsecured and non-negotiable.
Notes will be repayable in
Instalments
to other ^"public
througn laterals
pipe line to be constructed from Freedom Junctibn to the
storage fields, would sell and deliver gas to the Lansing and Alma
Divisions
of Consumers Power Co.
and would purchase and receive
from
will
ri»
•
to the SEC for permission to borrow
tion
and business—Corporation was incorporated Jan. 31,
Nevada as Macco Construction Co. Name changed to Macco
Whirl? .CorP°ration is
(hi
1947
company
equal annual
through 1974.
1Q?QIST0?Y
m?" on Sept.
Dec. 9
to Aug. 15, 1948.
proposed loan is needed
The
.
applied
prior
000
The
rw,
company
feet will be placed into storage each summer for subse¬
quent withdrawal and delivery to Consumers and
utility customers. At the same time, the company,
$7,000,000—
of the company, 600 Main
at the office
>
other
Panhandle
*
Piration date at
$1.11 for each one-ninth share,
subscriptions
/
;
Cr67l,00O
SEPT.
Telephone
Operating revenues
Operating expenses
Operating taxes
Net
Balance
1889.
'
stock (360,780 shares no par), $10,823,400;
preferred stock ($100 par), $12,500,000; pre¬
preferred stock, $173,250; Metropolitan Edison
Period End. Oct. 31-4-
164,762
accts—
;V
identified
m
Cr275,000
NOTE—For mechanical reasons it it not aluiaya
possible to arrange companies in exact alphabetical
However, they are always as near alphabetical
position as possible.
Uncollectible oper.
21,520,681
$239,533
(M.) Lowenstein & &Qns, Inc.—New Directors—
established in
i
$2,976,231
order.
Operating
$9,964,743 $22,433,176
11,087,284
Other income
i)ec. 14, 1946, totaled 1,447(078,000 kwh., as;compared
1,430,466,000 kwh. for the previous 52 -weeks, an increase of
1.2%.—v. 164, p. 3145;
; v.
valve
■'> 'i1.
» (jll
.will
cumulative
—V.
52 weeks ended
is
I
«\r
oil well drilling
Intang.
with
Passmore
mi
$3,041,797
$2,637,322
Michigan Bell
,
3,142,811
expenses™—
dbtfl.
for
Prov.
$810,798
Electric output of this company for the week ended Dec. 14, 19,46,
totaled 34,495,000 kwh., as compared with 26,350.000 kwh. for the
corresponding week last year, *n increase of 30s9%. Output for -the
Mr.
II.
Year Ended-
1945
349,698
and
Louisville Gas & Electric Co. (Ky.)—Weekly Output-
was
I
EARNINGS
1944
,
1943
$3,668,378 $11,963,070 $10,024,360 $22,328,715
245,353
131,791
Dr59,617>
104,460
costs
Business
3,000
Selling, gen. and admin.
164, p. 2693.
been elected directors.
Gilmour is also
-Oil'.
Cr579,0C0
cumulative
on
2,500
2,000
Inc.
Rupe & Son
6 Mos. End.
Sales
to
5,000
SUMMARY
131,723
33,682
$1,525,335
iiim
$3,566,615
No. of Shs.
Co
Co
expense——
—V.
$2,462,797
112,540
$4,588,539
1,612,308
Co. first mortgage bonds, 2%% series, due Nov. 1, 1974, $24,500,000;
Water & Power Co. 50-year 5% bonds, due June 1, 1951,
$1,247,500; accounts payable,
associated
companies,
$73,374;
other
accounts payable, $469,804; dividend
payable Oct. 1, 1946, $121(875;
customers' deposits, $114,999: Federal income taxes accrued, $1,555(801;
other taxes accrued, $519,415; interest
accrued, $360,241; other current
and accrued liabilities, $90,024; deferred
credits; $28,191; reservri^dr
depreciation of utility plant, $17,863,126; reserve for Federal Iricorne
taxes for prior years, $514,417; other
reserves, $212,843; coritributiqris
in
aid
of
construction
(non-refundable), $167,856; earned surp
$2,865,947; total, $74,202,063.—V. 164, p. 2156.
'
Cr5,551
$1,881,867
356,532
$4,306,919
740,304
York Haven
principal underwriters and
agreed to purchase,
$3,913,731 $12,094,861
Net income ; if<•**' *»'
$3,088,503
625,706
$4,475,999
;
in¬
surplus
series
mium
severally
&
June 30,46
~ 4~283
65,116
taxes
3.90%
of
Bank
National
&
509,517
expense™
$4,?41,803
23,578
ASSETS—Utility plant, at original cost, $62,819,937; inveStment«Arid
fund accounts, $4,906,256;
cash in banks and on hand, $1,390,279;
special
deposits,
$21,512;
U.
S.
Government
obligations, at *«os$,
$3,000,000; accounts receivable, $1,148,411; interest and dividends re¬
ceivable, $11,220; materials and supplies, $808,060; prepayments, $70, •
363; deferred debits, $26,024; total, $74,202,063.
4 ity&t
proceeds will be used for the purpose
names
;
Other int. & deductions!
Int. charged to construe.
I
f.
,
it
Bank
Savings
Witter
$1,836,701
42,017
debt
$
>
$3,064,925
BALANCE SHEET,
follows:
Pacific
102
;
^Resulting from deductions, in consolidated returns, for interest and
charges on securities of former indirect parents (redrganized in Jan., 19461, which deductions are no longer available in
view of the reorganization of such parents.
^1%
Los
the
106
101
met)
•*
$2,637,322
_™=
Federal
m
Balance,
401,980 shs.
Trust
National
Schwabacher
Dr20
I
®f
amortization
output
750,000 shs.
is
agent
UNDERWRITERS—The
$1,833,663
-...w—
first
after
nine months
$3,187,328
550,606
deductions
come
Outstanding
of. retiring outstanding bank loans.
Any balance
the purchase of new construction equipment.
[
to others
main¬
and
yard
No. of Shs.
'
the
year,
,
■ m nihi
season.
PURPOSE—The
256,958
$192,746
be completed early in 1947.
corporation's acquisition of this
Capital stock (par $1)__
The
21,413
,
equipment
Authorized
Amortization
■
for
last
$3,150,207
37,720
income
*Reduct.
CAPITALIZATION, GIVING EFFECT TO PRESENT FINANCING
Light Co.—Earnings—
1946—Month—1945
Operating revenues
Operating expenses
' v
and
earnings
LIABILITIES—Common
Mr. Henderson was for a number of years
associated with Lehman Brothers. Before joining Lehman Brothers,
he was associated with Halsey, Stuart & Co.—V. 164, p. 1330.
Louisiana Power
division
Gross
Net income1
should
the
rainy
position,
present
his
to
construction
a
income
income
Income
has
been increased to a current rate of about 250,000 tons per year, and
this output also represents the
capacity of the present equipment.
When the new plant is
completed, the corporation expects to increase
its output further to about
500,000 tons per year, about 10% of which
will
be
utilized
to
make
asphalt paving material, and expects to
operate the quarry at a through-put of about 3,000 tons per eight-hour
day. Based upon past experiences it .is not expected that this plant
will operate to
capacity because of the decrease of business during
ing a meeting of the board held on Dec. 11.
Those elected to the board of directors are:
Treasurer,
•
an
estimated
cost of $250,000
the corporation is purchasing
installing modern equipment to increase the output and efficiency
Brisbane operations.
The management anticipates- that this
Since
H. A. Kent, President, has announced the election of three new
members of the board of directors to fill the existing vacancies follow¬
Net
,
Operating
the
program
(P.) Lorillard Co.—Three New Directors—
1946,
Other
CRUSHED ROCK DIVISION—In
May, 1945, the corporation acquired
rock crushing plant and a. lease of . a
rock'quarry near Brisbane, a
miles from-South San
Francisco, Calif. The site also serves the
and
$2,733,798.
'
It
corporation as
tenance shop.
1872.
year,
..
few
Logansport Distilling Co., Inc.—Acquisition—
this
*.?
Year
Vtotai
.
is used as a
lubricant, to seal the wall of the well against
cave-.ins, to prevent the fluid from permeating the well walls, to carry
out of the well the
cuttings which are subsequently screened permit¬
ting the re-use of the fluid, and as a column of liquid sufficiently
heavy to counterbalance gas pressures encountered within most wells.
a
of
the
Metropolitan Edison Co.—Earnings
ground and mixed with water, is used in the drilling of oil
The mixed fluid is pumped into the drilling well through the
hollow drill pipe,
returning between the drill pipe and the wall of the
is reported to have purchased a theatre in Antwerp,
and to have acquired holdings in the Rialto theatre in
and the Capital theatre in Lausanne, Switzerland.
This, it was said, is the beginning of a long range company program
to buy theatres in
Europe.
The company now obtains about 40%
of its gross income from foreign sources and expects to increase this
to about 50% - through threatre purchases and increased distribution
of films abroad.
" , „
,y
•
The corporation is buying foreign films for distribution in American
markets.—V. 164, p. 829.
months
*%Aet:
d«inn
last
bringing
Period End. Sept. 30—
1946—9 Mos.—1945
1946—12 Mos.—1945
Operating revenues—.$13,302,948 $12,519,880 $17,680,661 $16,908,014
Operating expenses
4,942,607
4,638,863
6,462,738
6,447,422
Electricity purchd. for
resale
1,458,217
788,083
1,783,*753
.983,300
767,448
757,471
1,035,156
1,005,018
Maintenance
-4' k/t)?/<•
'V.•*v4''
Provis. for depreciation
of utility plant™
1,296,000
1,287,000
1,725,000
1,718,250
Federal income taxes™
1,033,000
1,282,000
1,597,000
1,398,000
Other taxes
655,467
701,536
835,209
880,024
wells.
Belgium,
October
,
when
Geneva
increase- of $72,299 over
bctober totaled $777,024
$33,352.
v
After present financing, capitalization will consist of
only a $24,750
first mortgage losn and 500,000 shares of authorized common stock'
with 190,000 shares outstanding.^
i
o-,
'
...
Loew's, Inc.—Buys European Theatres—
received
charge^and taxes, were $65,532- and for the first
Of
ROTARY MUD DIVISION—Corporation is
engaged in producing and
selling an alluvial clay commonly known as "rotary mud," which
The company
in
all
,
.
been called for redemption on Jan. 15, next, $15,000 of
refunding mortgage serial bonds, series A, due July 15, 1955, at
Dar and interest.
Payment will be made at the Continental Illinois
National Bank & Trust Co., trustees, 231 So. La Salle St., Chicago,
BL—V. 162, p.
an
orders
nine
an inventory
consisting mostly of logs.
M<?st of the lumber manufactured at this mill will be shipped to the
yard at Clearwater, California, where it will be used
m the
corporation's.construction activities, or sold at retail. Purchases
from independent mills are
being continued to; supplement the volume
of lumber used and soldi
'
~
™
There have
September and
backlog of orders on Oct. 31 to $4,532,394.
The company had sales last year of $3,567,582
.
the
corporation's
first
National Sugar Refining Co. below—V. 164, p.
iMw
New
$5(000 for
Little Company of Mary Hospital, Chicago—Partial
Redemption— §§| f? £ <l
See
An f'
flNANClAL-CHRONlCliE;
n#
She
C
SHE;
timber in oil field work led to the formation of *
wholly owned subsidiary, Macco Lumber; Co., which was incorporated Jan. 29, 1929, in
California. In 1940 it was dissolved and its assets were distributed to,,
redemption
payable if earned during the fiscal year ending. Sept. 30, 1947
dividend of $1.50 has already been earned and its payment has
hppn
authorized as part ot the redemption price of the preferred
Stock-—V. 164, p. 1596. ; • The
dend
-3
••••"..
<
,■*£,
7
upon
The Commercial
Trust Co of New York," 46 Wall St., New York, N. y!
price nf $46,50 inclpdes $1.50 representing the divi¬
National Bank &
Cuff?'
;>>
COMMERCIAL A
redemption will be redeemed by the payment of
^lled for
JHAMlf <f> ,"413513 &••
;.'.v,
-
be added ta .workmg-capitaLv. :.;
;- <
Thp company, with two plants in Minneapolis,
is a leading Middle
Western
manufacturer of air-conditioners, refrigeration equipment,
heatin? and cooling units and similar products. Products are disrriHiiEeS through a nationwide sales organization.
About 29% of
city limits of Lansing; the drilling and connecting
235 storage wells;
and construction of necessary gathering
connection with the storage fields.
».
the north
mnnlhc
this
v#>«r
was
nmounted
for
become,
more
shipments.
equicmu^
readily
available,
the
.
addition, the company was authorized-to acquire from. Consumers
Power the Muskegon River compressor station which has a capacity
of
4 000
HP;
a
65-mile , pipe line extending from the station, to
Zilwaukee Junction near the City of Saginaw; two 8-inch lines', one
"
from
Station
extending
b1
pressor
Cranberry Lake Gas Field, to Muskegon River Com¬
and the other from the Junction of State Highways
line; three metering stations, and
all rights and facilities in the Cranberry and Winterfield Gas Fie.ds.
ThrefcvaddttionaL.800THP,?;.opmpres8or--JBim..~w«f«.-toj be:aaqec|. to the .
Muskegon Station during 1947.
0
M-20
refrigeration
.
> In
x
ninkt
of about
lines in
i
and M-30 to the new 24-inch
3294
rite
Mid-Contihent Airlines, tft'ci-^Earhings, etc,—
'•"/ '9 Months Ended
Sept.
Operating
30—
revenues
Net profit before
-■/.'
^
income
'
j> 19^6
.
after
♦Eatings
the
share
389,398
shares
..
$111,570
$0.61
vtVv $0.29
65% over
——
__
outstanding.
tAn
increase
of
Prop,
operating statistics are
30—'
Operating efficiency
follows:
as
1946
:
-—
*'
__
Mail arid expfess ton miles
,ttevenue miles
or
66%.
73.79
'74.66
'
1
"
4
73.79
v.
v
845
254,369
103,976 in 1945,
on
Interest
&
Other irit.
$629,867
94,875
bonds
~
ekpehsel-:
&
Corp. (&
And allowances
Paul; L.
Selling
and
admin,
and
gen.
1,876,368
expense
sales
credits
$5,724,852
(net)
141,919
2694.'
4,754
.
Net
$8,543,606
;
and
^pbrlbd—
122,266
;\
fin
additidn
to
has
of
such
$143,676
costs
assets—
957,534
$3,045,578
-
.
r.....
..
to
for
.policyholder's
1947,
----i
...
Other/ assets
___
8,461
14,891
194~584
215,130
,1
7,090
11,830
$274,408
$372,630
$45,971
10,602
$16,239
J
Deferred charges
by Lewis W. Douglas,
.
the
matter
its
at
to
Notes
Y6ifk^DiVidSttds~-
President. The board
meeting
early
in
will
payable
taxes
discounted-;
1
Sundry
tax
3,430
accrued——————
Reserves
for
218
(par $1
and reconversion—
18,589
124,000
21,597
120,000
108,375
$274,408
$372,630
City—-To
Redeem
surplus
Earned surplus
:
3,575
113,324
Dr54,769
share)
per
49
6,201
—
contingencies
Capital stock
2,940
95
and.liability insurance-
accruals
Capital
6,747
—
.___
income
groiss
Trustees
.
^
accrued—
Accrued compensation
general, Mr. Douglas explained, the new dividend scale is the
same as for
1946, except that certain adjustments have been made
in
the dividend formulae, in order to maintain
an
equitable distribution
to
the entire body of policyholders. The'- total amount
Of dividends
recommended! for ;1947,- he
said, is larger than in 1946 primarily be¬
600,824
———
receivable
Indiana
1
..
payable
tb"$15,-
take, final action in
Dividends in
1946
January.
$14,250,000.
'.
3,030
LIABILITIES—
Accounts
164, p. 3146.
company, amounting
to the board of
.
In
————
Total
.
recommended
costs
3,411
51,788
.
Patents
Local
this
bf
been
have
in
Aug. 31; '46 Dec. 31, '45
$3,428
$108,976
5,645
18,772
j
<net)_
Sundry receivables (net)—
Inventories, (net)—
'
director of the company.—V.
a
♦$95,105
included
-
bCeri Elected
and
1,047
and
-
'$13/403
expenses of the-year 1945.
Accounts receivable
Bills receivable;--
•
"
*$117,750
19,644
.
Cash
$4/003,112
;957,534
♦$97,076
20,674
COMPARATIVE BALANCE SHEET
J,"'
^5
37,847
$124,032
•
reconversion
;
;.
73,492
26'149
—
529/495
^^51,48$;
*$208,415
46 996
loss
♦Profit.
1,749,099
$5,326,545
1945
U^4;5H6
$137,659
13,627
contingencies,
development
463,660 ^-^139,614
0
/$458,812
•
;
S'arriple
jbivlderids
4,511,281
*565,436
.'
.
Mutual Life Insurance ('o. Of
650,000
32,902,319
$4,369,442 $15,985,294 $13,040,360
131,796
2,134,495
$7,068,981
1,188,520
' "••• 36,771
39,
Cal. Year
21,597
Bills
;
amounted
Ttfet'ptfbfit ffom
Other inc.
1,540,505
150
.
.
1946—9 MoS.—1945'
35,636,052
V
5,667,316
on
befo^d deduct'g, depr'Cc.—
for
product
,
,
,143,869
|5jo;04t
Subs.)—E&rniifgs-^-
10,591,141
25%
1946
1946; 25% on!or before
Jan.
or
before May l, 1947..
rehabilitation, and sundry deductions
fProvision
President, succeeding Walter C.
Shaw, who .remains as Chairman of the board.%
" "
:iV. C. Shaw, Jr„ has bceh elected'Vice-President
ahd Sales Matfagfer
and
Kenneth T. Paxton has been; elected Vice-PresMent ln .'charge bf
$16,561,088 $57,288,661 $50,453*660
12,708,467
remaining
7,
Balance loss
$7,016,460
$8,059,757
52,521 Y;;
483,849
$2,786,055
4,801
.
the personnel division
1946—3 Mos.—1945
Cost of sales
"
"
deductions;
p.
Nov.
Other income and credits.
(G. C.) Murphy Co.—^New President, Etc.—
-w
director of Mid-Continent since
early in
is associated with Morgan and
Company, prominent Los
investment bankers.—V. 164, p. 2960.
Mid-C<yntinent Petroleum
164",
the
before
or
Property, plant, arid equipment (net)-—_____—
a
Period End. Sept. 30—
Oross gales less returns
10,927
$4,371,011
and
Angeles
2,185
44,125
v
—V.
on
Selling, general arid administrative'
Cxperises—_
Provision for depreciation
3,218
$2,516,569
269,486
stbek for' tnfe
i
jMrl li^urdocli has been
$625,887
3,980
Net income
of Los Angeles has been elected Vice-President
In charge of planning for the
company.
i
-J*-*/
:
pis .immediate duties for Mid-Continent
Airlineswiil ^e tof, Under¬
take pie development of a
program looking toward a closer relation¬
ship and association betweep the
company. -/and the./g^
within the area which Mid-Continent
now serves or-will
serve .in the
1938
644
1,093
—
"6. Donald Murdoch,
&
322
(net)
mtge.
"discount
increase of 78%v
-■■■
■
1,565,644
on
New Vic£-Pr6sident—'
future.
1,500,000
debeftuirbS'Amioffizatibri
of;;, debt
increased" from. 2,273;994„in 1945 10 3,780,i55i
passengers
carried were : 185,045 as compared to
an
125,000
adjust...
income
Interest
flown
Revenue
125,000
revenues—_
income
Gross
,
776
247,204
and
Plsfnt
.Net. oper.
Other
50%
Gross IbSa frbiU
and
,r
39,026,025:
75.66
"•*
xU■
-.
8 Mos. End.
96.62
256/481
——
,,
*•>'.'■ ,s-*"
,.t
___
plant acquis,
1945
.
98.01'
;
Capacity psssehge* miles llbWhi
Passenger load factor—
Passenger load factor
Mail and express tons
y
^
9 Months Ended
Sept.
retire
1947;
1946—12 Mos.—19X5
,„A
$1,604,844
$i,437,852 $18,323,380 $18,114,079
496,458
412,616
5,106,994
4,800,321
2J8.971 Crl,804,734
2,955,460
2,068,433f!
138,523
186,986
1,741,637
1,605,779
deple.
reserve appropriationAmortization of iimited.t.erm investments „•__
Amortization of ' utility
corresponding period in 1945.
Other
'
>
■
Monday, December 23,
follows:
fgie^Mbnth—igXS
31—
revenues
expenses
Federal taxes
86,807
'•
$235,908
common
on
l^r^ Erui.pct.
Operating
Operating
■'
"c^cmeLE
U^Earniiig^
Other, itaxos.:
taxes
per
♦Based
#178,485
—
^6AtanA
:v
1945 .■
Not stated
$198,377
.
414,393
—-—-
Federal income taxes
Net
v/
t$3,623,721
—
taxes
tib-mmemi HMwaxt
;——
99,856
,
Net income;
Deprec. and depletionLeaseholds
surrendered
$5,856,648
$4,511,361 $16,550,729 $13,641,084
959,652
3,340,99 1
2,633,560
1,205,667
cause
•and abandoried
523,412
392,677'
1,676,866
854,250
3,750,000
$2,902,569
$2,304,782
$7,662,872
$1.24
for federal
and
SJate taxes on inc.—
—
—
income
taxes.
$8,057,044.—V. 164,
On
Dec.
31,
1945,
current
income
Gen.
and
Taxes,
income
64,370
65,351
189,251
,
164,
taxes—
assistants
6,139
$758,939
32,842
&
$1,903,868
Transport
Co.
-
$2,002,983
(&
•
Subs.)
-
.
TI2 Mohffis Ended
Sept. 30—
1946
Operating revenues—railway and
Operating expenses arid taxes
bus
—
1945
-
$16,959,767 $17,403,764
"15;717,122
In
line
16,483,877
has
$919,887
65,299
the
—
$985,186
306,908
$1,041,522
sitron
*.-—
a
—_____)
Gross
Inter,
$146,244
22,589
Iorig-terhi debt
debt
on
1946—12 Mos.-r-1945
$6,091,533
2,694,460
447,109
293,909
.
plari
to
enlarge
interests
its
Dec.
17
,
1,343,668
(698,748
$78,958
661,854
17,709
(Cr)
$926,734
CV395
272,915
275,533
357
2,682
.353
Other deductions
$1,646,562,
•
22,807
"Wi-
4",267
.14,308
2,718
Cr33,962
10,049
$1,375,196
120,594
8689,472
;14l:,881
$43,775
$1,254,602
$547,591
,
an-
on
—V.
pfd.
164,
$124,403
10,049
stock—
$114,354
2549.
p.
Mississippi l*dwer
&
PtribdElrid. Oct;ai—
Operating revenues
$1,038,501
expenses
taxes
626,543
109,381
—
Other; taxes
Prop, retir. res; approp.
Net
19^6—12 Nfos.—i6'45
$907,989 $12,138,042
520,828
6,827,306
$11,004,297
5,886,914
1,246,223
2,246,121
786,000
794,765
802,000
732,000
157,875
70,960
61,000
$157,617
$101,852
17
1,487
$157,634
Other incotne
66,434
74,000
revenues—
oper.
-tlgbi ^b.^^afhings-
,
Operating
Federal
$53,825
;
$103,339
31,250
$2,486,313
375,000
$1,363,989
375,000
21,593
259,116
9,495
259,116
101,895
653
13,951
$2,482,513
.
^
■
GriSss iricbmO
Interest
Amort,
on
of
mtge. bonds
utility
acquisition
31,250
plant
adjust.
21,593
__
Other inter, arid
deduct.
Interest charged to
14,115
con-
AtructiOn—Credit
-i—
Nbt iricomb
—
applicable
—V.
164,
pp.
:
to
13,492
;
89,964
pfd.
.
the.,;
for
$41,654
the
$1,764,253
period
$644,108
266,856
266,856
$1,497,397
2~0~55 and~2694.
$377,252
the
.
Mtssdurl iPower
Mo'ntmor6ncy Distille'ry, National
&
whl6h operated
Pa.,
stock/ $^o
par
Irbrk Ms bppn
.Pursuant
ari
and
to
thus
Distillers
.
now
.
were
each paid on Jan.
7, April-8 and.
July 3,. last.
made In 1945.-^V.
163, p. 1031.
No-pay•
v *
output
a year
..
.
association
ended
Carlstadt,
such'
N.
approval,
J.-
at
r--
Siboney .Distilling
•
Corp.,
received,
together
with
it's
cash'
sum
of
at
-
&
164,
Total
J
planned
The
to
7
for
1?^6'
Balance
Federal .income
taxes..
the
sum
for
the
65,026,108 in
'
"
,1946
on
_
1
income-----
on
•
dividends-———
$1,900,136
dividends; declared^%--------T---—360.630
dividends and
$1,539,506
$2,159,713
surplus.;.
—
1,463,599
1,665,522
7,510,743
411,181
480,000
709,491
1,005;000
259,577
-
income.
before
1945
.
$13,941,652 $13,927,2-3
—
333,191
493,380
692,952
2i49J'9„?
265^581
$l.§6-7«202
360,630
$1,832,78^
.
,2tfew England
.The New
>
that
York
gage
50-year
fejt.—Interest Payment—
Stock
due Jan. JL, .1947,
on
gold
Exchange has received notice that the
interest
consolidated m0"'"
.the guaranteed 5% "and 4%
bonds,
due
that date on
bbhdS'fOr stamping.
Interest is payable at office
Irving ..Trust. Go.» New. .York, N.- Y.
x.
The Exchange on Dec. 13
directedthat, the bonds, be quoted ex
interest 2Va% on the 5% bonds and"2% on the 4% bonds
,Ja"Q '
1947;., that the bonds shall-coritinue to be dealt in "flat," and to oe a
delivery in settlement 'of Exchange contracts made beginning Jan.
.
1947, must be stamped to iridiCat6 payment of Jan. 1, 1947, in teres.
—V. 160, p. 2759.
.
1945,
Will
paid .on
be
presentation'of
,
.
,
.
,
.
.
,,
.
time,
.
'
%fifWEtt^lapisd^Teie»fe«i6
Ferib^Erid. (>ctv3l—
TfeTel^grapkCa.—Earnings---
I946^i^britfi--rl945
.1946—16 Mos.—19«
'
Opefatirig revenues
•-
Uncollectible
oper,.
20,985
rev.
$
$
9,987,875 106,715,161
179,9G1
15,861
11,204,626
94,738,305
124,519
,
Operating
OperatingOperating
;
cH^mlcat Cbrp.,- bn NPv;
Sugar Refihing
Pennsylvania Sugar Co.
available
with
v
•
^hhsations^ including
National
N
.—
————
Balance for common
-
the dissolution, of this. corporation, which
-future, after applying the; monies thus
received
near
30—
;
Balance before capital charges.——
—V., 163, p. 2161.
Phila-
hours
compared
p.' 2961.
taxes
•Preferred
Net
Net
revenues
It, 133,640
9,972,014 106,535,200
94.613.786
expenses
9,173,593
7,277,143
86,919,017
814,198
1,467,356
8,089,636
67,893,725
13.256.787
1,195,849
1,227,515
814,525
821,999
11,526,547
7,554,436
13,463,274
8,401,096
taxes
operating income
charges.
p. 2695.
after
—V.
164,
vNcw Otlean's.Gres(t Northern Ry.-^Interest—
»_
the
kilowatt
of
72,690,653
interest and other charges..
;
27,1846,- eriierefl'
contract to sell to
Commercial Solvents Corp. all bf its
physical
assets, trade rnarks and
goodwill-at their book Value.-'which
totals 1
approximately $575,000.
Title to - the real
property involved - in-thissale appears to be
acceptable to the buyer
and, therefore, title to all
physical assets Of Pennsylvania
Alcohol & Chemical
01
rr
'
Corp. should pass
on
r—
Dec.
'*1
1Q4K
j)-.
is
as
Taxes; otheh than Federal taxes
,
a
1946
Purchased power
*
into
number
reports
14,
Dec.
Maintenance
.
pbsitlori
3147.
p.
Association—Weekly Output—
Depreciation
Oct.
on
Dec.
Operating expenses
-
.
business
8.99%
>
...
_,
A
9 Months Ended
Sept.
Total gross earnings
.
$1,900,000 due
be "paid in liquidation
Pennsylvania Sugar Co., the sole
stockholder, approximately $350,000
after provision for Federal
income taxej.
7p.. ^.
At
the
same
time, Pennsylvania Sugar Co. sold to
.the present
Siboney Distilling. Corp. the land and
buildings used by the former
Siboriey Distilling Corp. as a fuiri
distillery, arid the" machinery,
equipment, furniture and fixtures
therein, all at their book value of
PennSylvar.ia Sugar Co. also contracted' to sell to
Logansport
Distilling Co., Inc., for a total of
$220,000, all of the industrial alcohol
machinery formerly leased by
Pennsylvania Alc.ohol & Chemical Corp.,
from
Pennsylvania Sugar Corp. $200,000 of this sum has
been paid
I.ei,insylvania SuSa1' Co., and the balance wlil be paid at dhe
of iitle at a fUtufe
passing
date.
The
.
directors
have
voted
2V*%
interest
tUres, due July 71/ 2032/ The interest will
of
$200,000 due
Co.,. there will be, paid in liquidation
approximately $756,000, after provision
of
record
Jan. 73..
this year. On
July
The
previous
28 of last year 2J/4%
the
on
be
payment
was
5%
income
deoen
paid Jan. 17 to holder.
2%"% on Jam
was
paid—V. 160, p. 15.
....
•
•The^pro^
to
a5ve
All
Su^af -ed.% Chapter
of
the
outstanding
re^p'ebt
stock
on
or
Co.—Rights, ete—"
■O'tt. 17, l94fi, wfefb feC'eritiy
before
Nov.
Period End. Oct. 31—
has
Federal
Other
Co.
%
?iev* ?i
in full
7,
1946,
•
time
of
$30,354,4^
13,735,243
6485,628
3,181,892
2,600,000
CriO.OOO
3.731,823
$3,801,381
1,062,016
288,187
$3,427,730
1,147,637
::%i>4b)439
$2/451,178
$2,02!,174
DiVideridaappiicabletO'^fefef redstock_-^i"i_^-
—238,752
369,547
$2,112,426
$1,651,621
ad^tlbrial,,:/otfier
were
270,306
16,623,320
1,245,215
3,290,650
591,684
3,534,000
..
payable at The National
& Euclid Ave., Cleveland,
subscription/'or in Instalments as
',a?ent' East Sixth st-
at
50,000
1,140,805
249,553
taxes..
1946—12 Mos.—ism
.
$2,529,843 $31,292,089
1,440,356
250,514
taxes-,-,..
givehi1 t'lie^; Int^bmfritge
Prior to this offering there
Subscriptions Were
1
for
1946—Month-^1945
$2,464,664
Charges in lieu of in/come taxes.-Property retirement re¬
serve
appropriations—
been
at |3 bei; Shafe bn „the basis of brie
shares held. The net proceeds are to be used
w/nnA1 w'orkmg caPital.
f
Sugar
New Orleans Public Service
Inc.—Earnings—
Operating revenues
Operating, expenses.——
& Mfg.
#
ahw
either
Pennsylvania
164/p. 1874/;
of
subscribe
r!
of
1, 1946, ■ and the preferred
as' of Dec.
31, 1946.—V.
a! h?/
ntv
4%,.. debentures
July
on
redemption
hv
nhin
.
require (hat iri the event bf sale of
certalri fixed
an amount equal. to the. net,
proceeds of/such
shair b'e applied towardvthO
retireriiOri.t of the' 4%
compariy and the 5% $10 par value
preferred stock.
National file
rf&K+e to
right
Ohio,
virBli
« the company,-
-
sale, after taxes,
debentures of the
nv
ments
electric
New England Power Co.—Earnings—
^/Cheimc»l;,,Ct)rjp.,
chemical
discharge of all-obligations, including the
The National
Sugar Refining Co., there will
to
.
M6hawk Liqueur Corp.—to
Pay 10-Cent Dividend—^ declared ^ dividend of 19 rients ^ shafb, Wyabir
\
stockholders of record Dec. 20, .1946. This compares
with 7*2 cents
reports
of 1,200,094 kwh., or
13,353,933 kwh. for the corresponding week
15, 1945, an" increase of 11.79%.
The comparable figure for the week ended
Dec. 7, 1946 was 71,363,536, an increase of 8.65% over the corresponding week last year.
—V.
Co.—Sells "Two Unifs—Ells-
in-dustrfaI"alcoh6i. arid
in
on
value.—V, 164/ p, 559/
Association—Output—
Association
increase
an
..
th,o week ended
1
10,
l$46t .sold all of its
'phyiicai assets, trade marks/and goddwill to/a
subsidiary pf /Loganspoft Diatillirig Co.,
.Inc., which has plnce aiso
takep t,he name ,cf; Siboriey
Distilling Corp. These assets were $dld
for-.their fotal book value
pf $1,113,300. The fofm^r Sibohey/Distiliing
Corp., \vhl?h has, since changed its name to
.950 North Delaware Corp.,
will
shortly be dissolved.
Upon its dissolution, after..applying the
monies
tigftt fcb,-~Registrar---
common
..
the
13,
is
164,
week
interest
Bunfker, President/on Dec. 14, said:-
called for
Chase National Bank
of the' City of New
pointed registrar bf the
•
Dec.
This
output for the Dec. 13 week is reported at 168,017,000 cu. ft.,
increase of 1,104,000 cu. ft., or 0.66% above
production of 166,913,cu. ft.
in the corresponding week a
year ago.—V.
The
-
directors recently" approved the safe of all of the .physical,
assets,
trade marks "and goodwill 6f
two of the bbmpariy's
'Subsidiaries, the
former. Siboney; Distilling )Gbi,p.//which
distiiied^^ahd
other beverage spintsljmd Pennsylvania ^lcphol
radeem®d.
The
ended
kwh.
New England Power
Puerto
in
preferred stock
-f$92,874
stock
4,199
week
'
Federal
fon
2,198
,
Divs.
3,800
$1,350,497
the
outside
.
Divs.
1,
redemeed
14,554,027
000
announced
.
.
be
above production- of
/The
(796,335
__
Amortization; 6f
*riium
corporation's
.
■
170,102
56,031
126,623
Cofp. announces that all of the outstanding Na¬
Building stamped first mortgage, fee and leasehold,
New England Gas & Electric
.
income
on
4,500
will
For
of
in seven- whisky distilleries in
Scotland; a
Rico, producing the delicate rum traditiririal to
Islands; and another in Panama, .making the various.'
products associated with that Republic.
Distributing organizations are
maintained at many of these
Centers, which supplement the "wide¬
spread import and export business of the
parent company.—V. 164,
pi 2289/
<
.:
.a
j
delphia,
.
Federal ihcOlire -iU-i--i
'.'
2289.
Corp.—Acquisition—
Seton Porter,:President on
Montmorency Distillery, Inc.,
substantial
■
$6,348,017
2,421,296
491,167
Y.
leasehold,
1944,
$678,278
Earnings—
1946—Month—1945
$557,694
$529,933
238,160
190,092
42,167
34,750
depreciation
"piA'ht aCtfrii-
taxes
164, p.
N.
1949, arid all Of the outstanding first mortgage, fee
20-year sinking fund 6V2% gold bonds due Oct. 1,
on
Jan.
17, next, at 100 and interest. Pay¬
ment will be made at the Empire Trust
Co., trustee, 120 Broadway,
New York; N. Y.—V. i 19,
p/ 1964.
-•
and
Bradgate.
Caribbean
Worth:
Power Cfo.
'adjustments—
Geriertft
the
of
National Sugar Refilling
expenses
bf
Assistant.—V.
MiltOn
Tower
bonds due Oct.
"
Ggoss revehife'S-■
for
with
Inc.
•In-addition' to
253,025
!
__T
—
period End. Oct;
Provs.
department;
--
$1,2'94;547
$1,'2'94;547
I—zZl
revenues--—.
—V. 164, p. 1725.
Iterating
a
located
at
Beaupre',,
Province of Quebec, Canada.
4
■It is planned to produce at this
property a variety of the distilled
spirits for which Canada is
well-known, and to distribute them
throughout the world markets.
'Colonel Frederick: S. Wildman who is in
charge of National Dis¬
tillers foreign operations is the
new
President of
Montmorency Dis¬
tillery,
'-v
Attrovt.
company,
tional
Comptroller's
the United States,
$1,242,645
•'■/v'51,902 '
:Net. inc'bihe—
Mississippi
the
Building,
Gas
distille'ry
deductions
of
1942.
National Distillers Products
152,000
—Earnings—
Total
Treasurer
Tower
The National Tower
ago.
17,196
276,000
$475,222
p. 2156.
.^'GrOss ihcome
the
"""
Bonds—
NOTE—-For mechanical reasons it is notalways
possible to arrange companies in exact alphabetical
order.
However, they are always as near alphabetical
position as possible.
acquisition
non-operating
in
"
were
32,000
178,000
Milwaukee Electric fty.
Tdtal
Associate
was
named' Administrative
was
$2,391,031
218,852
Fed¬
Net income—
-V.
he
•
$2,401,962
income——27,495
Federal
"that
2656r
National
Russell Wetmore, Assistant Comptroller,
Burgess,-Jr., Auditor. Both men were formex-ly adminis¬
Thomas
trative
1946—12 Mos.—1945
$578,712
exps._
than
now
•
$1,028,804
admin.
other
eral
and
1724.
p.
Middle West Corp.-Earnings—
Period End. Sept. 30—
1946—3 Mos.—1945
Totdl
assets
—V0t164" p".
'
insurance
of
to which he was named in
"Other appointirients include
$4.12
$3.21
♦Includes $304,131 net profit from the
sale of capital assets.
.NOTE—Current assets as of
Sept. 30, 1946, were $48,617,390 and
current liabilities were
$10,325,984, including reserve fo,r 1946; Federal
State
amount
post
Net income
Earned per share
and
Prior "to
$5,966,582
$1.56
1944.
3,771,000
Prov.
the- greater
in; force. .
•Vincent F. Lechner, of Valley
Stream, L. 1, N. Y., has been ap¬
pointed Associate Comptroller. He has been Assistant
Comptroller since
1,269,942
1,225,000
of
int.
.
S94^(50
294,560
$229,741
b6ndi""'"~
deducts"
and
$232,548
88,49'0'
88,607
9,065
'.3,503
^132/188
■
t
:
Balance
—V. 164, p. 2156.
.
.
258,919
...
.....
:
lumber 4^53
164 S
Volume
y
JL' directors
on" Dec. 17 declared a dividend of $5 per share on
nrefeired stick, payable Jaru 10, 1947, to holders of record
bringing the total declared during the year 1946 to $6, the
fV
the
97
peC; full
declared in "*my one "
year for. the last 15
j-. .
~
paid in. April of this year.. .
S6
first *
j'-Virfpnd was
d
it
t
company
the
vear,
years.
a
declared a $3 dividend in December,
ne
—Month of—
Nov., 1946
.
and subs
gales of co.
$5,010,500
Stock Dividend—
Declares 5%
•
of
in cash
The
Minnesota company.
series
under
the
of
reason of certain transactions
prior to the time Ogden Corp. took over
the assets of Utilities Power &
Light Corp., pursuant to a plan approved by the SEC and the U. S. District Court," Mr. Brewster added. '
Ogden Corp. has contended that the debentures of Central
States..
Power & Light
Corp., owned by it, rank equally with the publicly held
,
•
common
»
second amended
under
the
first
instead of
stock,
in
amended
second
stock
common
that
share
each
plan
amended
debentures
class
B
receives.
stock
The
stock.
proposed
reclassified
the
distribution
stock
common
shares
(no
Delaware
par),
under
the
of
the
between
as
second
Minnesota
the
amended
company,
various
plan
classes
of
stock
of Minn,
allocated
Percentage
to each
.
among
classes
<f> The remaining assets of Central
10
3,910,770
43.83%
9
3,519,891-
39.45%
7,430,661
83.28%
December,
1,229,583
13.78%
262,500
2.94%
(7) Central States Power &
Light Corp.
Corp. will be dissolved.—V. 163, p. 196.
1,492,083
16.72%
A
common
B
common
Total
to
(4)
It
account
3.6
.
1
0.36
common.
securities^.
is
8,922,744
proposed
participate in the plan.
„/?)
be
that
the
Delaware
company
cash,
discharged by distributions of
(5)
above set
as
It
is
the
common
stock of the
the
13,362
$7,478,521
proposed that scrip, certificates be issued by the Minnesota
proposed
(6)
that such scrip certificates
of the plan.
become
void
five
It
certain
made
intercorporate
the accounts
transactions,
and that certain
the-Minnesota company.
of
adjustments
pany.
above.—V. 164-
North American
the
2412.
Prov.
be
expense
1340—Month—1945<
$314*217
84,187
870,213
947,569
Total
operating
1,595,224
Total
31,
23,530
290,866
13,000
256,300
16,800
Crl0,400
the consum¬
ONLY),
12
Cr4*600
Crl21,700
Provision
for Federal' excess profits
190,952
232^688
Provision
for. State income
23,100$25,876
$392,575
$329,110
;491
344
7,658
5,982
$36,952
$26,220
$400,234
$335,093
67
212
2;425
3,864
Net operating
other
Total
365,154
116,526
2,368,529"
368,632
$577,410
$264,171
$6,141,761
$3,597,190
80,541
;
pfd.
83,500
966,469
1,002,000
$180,671
$5,175*292
$2,595,190
stock
2,346,593
Earnings-
$280,373
$260,131
Operating expenses
Taxes, other than Fed..
225,801
223,234
19,017
17,942
€74,000
$35,554
$22,955
Net
oper.
income
oper.
Other
Int.
taxes..
income
income
44
income
Gross
4,587,000
,
other
&
$35,554
deduction
$22,999
518,833
—
Net
1,687,582
$132,019
$137,243
21
437
$132,041
$137,680
-
33,784
160,549
159,984
»$10,785
*$27,943
15
$22,869
164, p. 1( [
Owens-Illinois Glass Co.—Stock Increased—
in the authorized capital from 3,000,000 to 4,000,000
par - was
approved by the stockholders on Dec. 12.
Levis, Chairman of the board, said the change was made to
make it possible to issue additional shares to expand operations, and
increase working capital.—V. 64, p. 2696*
'
* • /
increase
An
$12,788,570
3,813,911
*
Income deductions
$1,062,422
848,124
73,490
3,560
33,407
income-
$11,100,987
income.
$1,076,811
944,792
73,439
2,500
$2,147
553,500
tax
taxes
1946—12 Mos.—1945
1946—3 Mos.—1945
Sept. 30—
revenues
5,097,221
:
income,taxes____^__
—
8,531
61,167
12,267
29,399
164, p. 2157.
Federal
income-
Gross, income
175,911
170,711
expense...
Balance
Electric
$45;769,467
17,299,195
2,331,595
5 4*281,133
—
for Federal
$8,680,94a
$513,517
Old Dominion Power Co
1946
(other than income)
Taxes
4,487,595
$8,749,008
2,125,567
$786,050
income
on
—V".
603*570-
14*740,473
oDeficit.—'V.
$36,460
equip, notes, etc.
Net-
ENDED
MONTHS
j.
Depreciation
Provision
*
upon
revenues
Maintenance
629,949
$496*869
and
prem.
the
exc.
long-term debt.
of
debt
disc't,
on
Divs.
(COMPANY
1,567,875
286,034
147,800
250,700
" ~14~900
'
dissolve
to
operation
(net)____
Gross income___
on
INCOME
OF
19,600
Operating income____
Int.
STATEMENT
$3,640,078
1,985,852
2,841,814
3,375,614
...
19,900
,
Other income
$3,608,332
1,142,303
taxes
Period End.
of
_1__
of
3,287,414
168,352
f 2,857,025
&
income
Amort,
States Power Co.. (Minnesota)—Earnings—
124,886
tax returns:—-
Depreciation
consummation
Int.
,
24,721
filing
the
to
281,497
Other deductions
t
Northern
1946—12 Mos.—*1945
$303,780
profits
,
OCT.
-
Federal normal & surtax
Federal exc. profits tax
consol.
plan.
incident
272,442
acquis.
income
Gross
,
73,498
expenseskt-
taxes
Savings from
expenses
Delaware
144*736
—
Other open
amended
The
of
1946—12 Mos.—1945
$2,753,548 $36,516,480 $36,025,670
1,186,612
15,740,256
f4.653.853
taxes
Federal
proposes
$8,406,007
8,137,26ft
11,213,000
80,560
plant
General
Electric output of this company; for the week ended; Dec. 14, 1946,
totaled
56,102,000 kwh., as compared with 50,155,000 kwh. for the
corresponding- week last year, an increase ot 11.9%.—V.. 164, p. 3148.
(& Subs.).—Earnings
Operating, revenues
Equip, maint; & garage-
payment
1,531,843
adjustments
to transfer to the Minnesota
assets remaining after the dis¬
stock of the Minnesota company
825,288
1946—Month—1945
$3,300,844
depreciation.
of
$856,869- $11,364,545
-Earnings—
expenses
for
Amort,
Weekly Output—
See latter company above.—V. 164,
North Texas Co.
company
company proposes
mation of the second amended
plan;
.
Period End. Oct. 31—
General
(9)
Light & Power Coi—Settlement with
Illinois Power Co.
p.
com¬
3147.
p.
Delaware
company, without consideration,, any
tribution of the reclassified common
second
latter
v>
$71,008,157 $65*078,873
163,115
101,269
$6,530,854 $70,845,042 $64,977,6043,977,205
48,227,721
39,198,415
1,796,780
11,252,776
17,373*182
1,072,996
revenue
Operating
Minnesota- company proposes to amend' its articles of in¬
so
as to, provide; for an increase
in the voting rights of
cumulative preferred stock, $3.60
series, from one to three votes
per share.
s
The
$1,102,385
Period End. Oct. 31—
Gross
The
(8)
operating income
charges
164, p. 2696.
after
is
in
5,290,735
1,085,401
Ohio Edison Co.-
after
years
__
Net
Net
—V.
proposed that the open account indebtedness now owed
by the Delaware cohvpany to the Minnesota company be discharged by
17.-
See
1946—10 Mos.—1945
$6,644,216
17,480
effective date
and
Go.
1946—Month—1945
Operating revenues
Operating expenses
Operating taxes
Minnesota
forth.
corporation
with. Illinois'Power
-
Co.—Earnings—
$7,496,001
exchanged,
is
it
fold; the SEC it had entered into an agreement with
5 and-requested1 the Commission's order on the sale
Settlement
and Central States Utilities
Operating revenues
Uncollectible oper. rev._
on
company in litu of any fractional shares to which stockholders might
otherwise be entitled.
Holders of> such scrip certificates would not be
entitled to the rights of shareholders until such time as such
scrip
certificates are exchanged for full shares of stock.
If not so
American Co. has asked the Securities and
Exchange
to approve its proposed sale-of the St: Louis
County Gas
Laclede Gas Light Co. for $11,250,000.
proposal be issued on or before Jan.
Bell Telephone
Period End. Oct. 31—
100.00%
' in
pay
of
company
North
Dep.
security holders of Central .'
and Central States Utilities Corp. prior to
1950, will b& paid to Ogden Corp. at that time.
Ohio
accumulated and unpaid dividends, $3.50 per share on the
cumulative preferred stock and! $3
per share on the 6% cumulative
preferred stock, and that the remainder of such- accumulated dividends
(7)
on
'
funds ,not collected by public
7
Utility Sale' Approval—
The company
;
States Power <& Light
Corp.
preferred stock
Class
.
Corp. will,
States Power & Light Corp. and
preferred
its
Laclede
gold bonds of Central States Utilities
$7.50 for each $100 principal amount of such bonds.
preferred
Class
quired because* of# the* recent settlement of claims filed against the two
top companies in the system by; the Illinois Power Co. and the former's
counterclaims against the latter.
The
of
Central States Utilities
Corp. will be transferred to Ogden Corp.
(5) The holders of the preferred stock of
Central States Utilities
Corp. and the common stocks of Central States
Power & Light Corp.
and Central States Utilities
Corp. will not
division
stk. of Del.
holder
cumulative
to
debentures;/
all
interest.
cumulative
Total
American's overall program for compliance with
Section 11 of the Holding Company Act and also in-the plan for the
dissolution of Eight and power.
The revisions, it was said, are re¬
Co. to the
accrued
6%
in- North
Commission
Each
receive
class of
shr. of Del.
,
together with
7%
•
as
compro¬
tures,
„
„
treatment
same
plan:
(3)
for each
the
(2) Each public holder of
preferred stock of Central States Power
Light Corp. will receive $9 per share.
\
of Minn.
common
to
(1) The public holders of debentures of Central States Power &
Light
Corp. will receive $81 for each $100 principal amount of such deben¬
of
aggregating
is as follows:
company,
entitled
are
contention, the remaining assets of Central States
Power & Light Corp. would be distributed
pro rata to the public holders '
of the debentures and to
Ogden Corp. and there would be no assets
available for distribution to
any
other security holders of Central '
States Power & Light Corp. and Central
States Utilities Corp."
f *
Mr. Brewster listed the
following points under the amended
approximately 1/14 of the participation of each share
common
and
On the basis of this
under
83.28%
plan also increases
compared with the.
as
of
to
of shs.
share
per
16.72%
such classes of stock
two
No. of shs.
postponement was reported to be due to the necessity of making
Asks
90.44%
Total- all
$1
the
Total No.
11 Mos. End.
to
is
amended
common
8,922,744
of
Complying with a request of the company, and the- North American
Light & Power Co.,v the SEC postponed until Jan. 21 the hearing on
various, matters involving: North, American' and its subsidiaries.
revisions
v'
3295
mise
Co.—Hearing Postponed—
North American
*
(3)
.
and 5 % in stock, compared
in 1945.—V. 1G4, p. 3147.
participation of
Delaware company
from
class a
the
Oct'., 1946 Nov. 30', '46
$4*531,OCO $28*314,500
share in cash
per
the
aggregate
":?mpared with 9.56% under the first amended plan, with
B reduction lb the participation of the two preferred
a
1/10
16 declared a cash dividend of 25 cents per
share on the capital stock, payable Jan. 20, 1947 to holders of record
Jan. 6, 1947, and a 5%■> stock dividend, payable Feb. 20, 1947 to hold¬
ers of record Feb. ,1, 1947,j bringing
total dividends declared this year
to $1
l10lders of shares of each of
in the common stock of the
the
plan.
The
participation of the class B
class
on Dec;
The directors
of
second
ine
Elfectric Corp.—November Sales Higher—
'
resu.t
siJfifc?
lies
1945,
corporation has filfed an amended recapitalization plan with
awe in order to meet New York State Commission requirements,
n cuoersedes
the plan approved by the Commission Nov. 12.
The company,
a subsidiary of Federal Water & Gas Corp., told the
cirr that
the plan is unacceptable for filing, with the Secretary of
qtAte of New York because the stated value of
the new no par commnn
was placed- at one
cent' a share.
The plan was amended to substitute a stated value of $1 a share,
the New York State minimum, for the one cent a
share common.
The corporation
also has filed an application with the New York
P S
Commission requesting approval of the amended plan.
Judge Conger in the Federal' District Court at New York Dec. 13
postponed to Jan. 17 a scheduled hearing on an application for an
order to enforce
the plan. The delay would allow the New York
Commission and the SEC to act Upon the amendment.—V. 164, p. 2833.
;
a
A $1
The
Noma
«
stock
York Water Service Corp.—Files Amended Plan
New
J
As
paid Jan. 2 of this year.-V. 164, p. 2833.
which was
"■v-:
THE COMMERCIAL & FINANCIAL CHRONICLE
York Chicago, & St, Louis RR.—$5 Dividend—
New
"v."----;:':
•
shares,
,
$12.50
William
Net income 1
$36,885
PORMA—These
figures
$26,008
have
been
$397,809
adjusted
Dallas,
pany, sold
ana was
its
Texas.
bus; equipment and operating rights on
or. Sept.
12, 1945.—V. 164, p. 2834,
Period End. Sept. 30—
Total Income
Jik
Gen. & adm.
Mriy
bank
on
other
federal
The
1945,
Write-off of preferred
$812,014
$82,526
1,446
13,826
~~8~952
284
25,116
"2~075
15,000
1,800
45,000
,5,400
$4,137
$723,404
wnc
«
Ma,,
k
$68,859
Co.—Distribution of 25 Cents—-
i
of
25
cents
per
Net
Provision
5,260,833
profits tax—
taxes__—
excess
State income
Net operating
—-
The
—
in
lhp
me
company to assume obligation
Of.' $6,880,000, 1%%
serial equipment-trust
J: P; Morgan & Co., Incorporated, as •
at-98r7l8- and accrued dividends in connection with
certain equipment.
respect
**be' issued by
ar}d sold
»n'
acquisition of
eportof'
Commission^ States in part:
tiQn. t^ ^ solicited' and' th& applicant on Nov. 4, 1946, sent ihvitatifipo+n? 13P prosPective bidders to-bid for the purchase off the certlSw
bidders- to- specify the rate of dividends to J be borne
biddprf'
response thereto* -3 bids were received, on behalf of the
a
nVmber of associates. The highest and best bid,7 of
marii h,, TTa?cruecl" d^idends, based on a rate of m% per annum, was basic I Hals®y, Stuart- & Co. Inc., and has been accepted. On this
be jiAnl
.average annual cost of the proceeds to the. applicant will
approximately 2:01%.—V, 164, p. 2961. '
^
Rfrto
,
*
•
income
Balance
Divs.
on
164,
—
Hearing
on
Posed
ansacfidhB
(.
this
may be summarized as follows:
iinr^EeIawar^
SesPlprr8
c°mpany proposes- to- liquidate; and
oper.
For
+er
(Minn.), all of which is now owned by the Delaware
lts stockholders. Prior to such distribution the stated
*rv«w»ht rfistribution
cornrnmi"\ cfle Miunesota* company is proposed to be reduced,, its
cauitni
«
(2) L
reclassified, and certain .accounting adjustments made.
luiaeTft
holder»^Je+uiec^d upended plan provides for the distribution- to
Af
companv
comnnnv
company
A
,
:>.M "cuucu
1/iaXJl
iJiuvxuca
AU1
vu
i
income
$566,456
operating
755,263
534,764
after charges
12 filed a registration statement with the SEC?
($100 par) common. The shares»will be offered for
$100
at
a
share
to
and
common
on
Jan. 8, 1947, in ratio of 1 share for each
and/or preferred) then held. rSubscriptlon rights
record
5,772
-
86,088
•
63,374
$5,485,805 $59,269,337 $51;826,900
3,456,782
45,632,562
33,504,641
1,365,290
7,608,480
12,135,688
$633,733
622;772
$6,028,295
ties and
Dlan with
ninn
5,850,118
H
t,
Brewster, President of the corporation,
announced Dec.
Central States, Powei & Light
(hp-
wh«g»er-Jhc
^SBdemCorr^should^e^
toWthe "publSy
*)"! '
''
;
&
Transport Co.
s.
t
■.
—
Bank
'
It was announced on Dec.
sory
Amended Plan With SEC—
respect to the liquidation of
resDect
M':v
American Petroleum
18 that this company has
note, .due Nov. 8, 1949, to the Chase
York in the amount of $5,000,000.
annum.
• >
The funds will be used by the company
Utilities Corp. The plan incorporates a sug¬
gested compromise of the claims of Ogden Corp: and certain public
holders of securities of these companies, Mr. Brewster said,
"During the previous liquidation proceedings, certain questions were
-ti-U'I
with SEC—
on Dec.
11 filed a letter of
shares ($10 par) capital stock,
4,477
Loan—
lJ/2%
and Central-States
■yyrv
.aiUUl.
I -i
company
for
Pan
$6,186,571
5,773,147
boafd of director, had approved the fmng wah thesecuriExchange Commission for their approval of a further am-ei
r
SEC
New
Ogden Corp.—Files
Corp
•
,
.
notification with th»
to be offered for sale
to certain employees at a price to be based on the market, but in no
everit higher than $20 a share.
Proceeds will be used for general
corporate purposes.—V. 163, p. 3290.
v
The
Co.—Earnings—
164, p. 2696.
RAnianiin
11,536,511
17,106,471
9,549,177
16,165*279
.
Operating revenuesOperating expenses i—
Operating taxes
J
and'
"'cumulative-preferred stock of the Delaware
° uie sai"e number of shares of stock of tne Minncsoia r raised aanto.
aT the same number of shaies of* stock of the' Minnesota / raised aff.tn
,:0
shares
—V.1 164, p. 2696.
1946—10 Mos.—1945
$5,491,577 $59,-355,425' $51-890,274
11,288
rev.
$6,328,961
5,007,237
ffle-Norttem
comnoMt,
Telephone
$6,340,249
revenues
Uncollectible
—V.
,
dissolve.
1,163,263
908,300
.
■
by public
1946—Month—1945
Period End. Oct. 31—
Operating
Net
hold hearings- Jan. 13 on the company's second
b ani.prdvidinS, for its liquidation and dissolution. The pro-
998,440
690,324
Pacific Western Gil Corp.—Files
Northwestern Bell
Net
amenri0fE,S wil1
*
$9,349,192
.
(Del.)
12,406,029 126,752,368.119,464,228*
8,469,102 107,128,358
80,505,859 \
2,773,664
10,074,333
27,421,858
3148.
p.
j
Co.
$13",876,537
.4,471,139
$9,405,397
,,56,205
r-,TT~"~"iTi7
stock of subsidiary cos. held
cap.
income
Net
-V.
788,039
company on Dec.
(common
t
—
N°rthern State$ Power
Amended Plan Jan; 13—
1946- -10 Mos.—1945
12,446,257 127,182,902 110*769,235
40,228
430,534
305,008
preferred stockholders
10 shares
will expire
Feb. 10, 1947.
Offering.price $100 a share. Net proceeds of $32,728,000
if all rights to subscribe are exercised will be used to reimburse in
part the company's treasury funds used for additions and improve¬
ments to
its telephone plant arid plants of its subsidiaries. • Tho
balance of proceeds will be used to repay outstanding advances fronx
American Telephone, and Telegraph Co., . parent.
The company said
advances from AT&T are expected to approximate $45*000,000 at^th®
tiriie the proceeds are received.
The issue is not being underwritten.
of
$13,682,399
.194,142
income
income
deductions
Gross
Total
0n Dec- 3 authorized the
i
32,125
13,214,996
11,428,517
operating income
charges
subscription
714*133
Other- income
Northern Pacific
Ry.—Equipment Trust Certificates—
tnS'
__
after
for 328,125
....
cprtifl
3,247,121
Registers With SEC—
M9o,lbl
5,757,150
——
income taxes..—
Federal
for
;
company in 1945 only made one payment, 25 cent's* on
164, p..2834.
am?'o
Co.- -Earnings—
3.059,074
(other than income)
Provision-for
T^e
t,
Net
$55,311,342
—-
Provision for Federal
share
s
operation
Maintenance
common stock, payable Dec. 23,. 1946 to holders of record
8 On March 11, last; a distribution of 35 cents per share
way 1.—v.
12 MONTHS ENDED
Depreciation
dividend
Telegraph
&
1946—Month—1945
OCT. . 31, 1946
.
.......
Taxes
ni
$4*125,079
31, 1946
INCOME STATEMENT,
Operating revenues
Total
a
Operating revenues
Operating expenses
Operating taxes
...
CONSOLIDATED
Fed.
13, the direotors declared
revenues ...
Uncollectible oper; rev-
1,000,000
stock expense
Balance surplus at Oct.
4,667
~
Northeastern Water
Operating-
5,250,000
6,191
.
$262,020
series)
Telephone
Period End. Oct. 31—
1,203*125
123,750
1946—9 Mos.—1945
taxes__
Net income
*~V" 163,
p. 3289.
Pacific
$11,701,954
income :
Total
Cumulative preferred dividends ($5- series)
•
$7,667
3,990
—
(net)_i
income
com¬
28,
$8,974,659
2,662,289
65,005
income
Miscellaneous
Earnings—
loan__
than
income
Net
Balance'at Nov. 1,T945__
the
inter-
Cumulative preferred dividends ($3.60
Common dividends. ($1.3125 per share)
1946—3MOS—1945
$289,962
expenses;:
interest
Taxes,
operating
dissolved
North West Utilities Co
$331,228
exclude
to
operations of Texas
.Motorcoachesr Inc.-,. a subsidiary
urDftn. bus
service between Fort Worth and
issued a promis¬
National Bank of the City of
The note bears interest at
Per
#
for the purchase of two T-3
type tankers from U. S. Maritime Commission for a total
The: balance will be added to working capital.—V. 163, p.
.
*
.
.
Panama Power & Light
of $3,550,000.
657.
Co.—Calls Debentures—
y
Dec. 14 announced that all of the out¬
standing 20-year 6% debentures due Dec. 1, 1947, have been called for
redemption on Jan. 16, 1947 at 105 and interest.
Payment will b®
made at the office of the company, 2 Rector St., New York 6,^N.-y.
immediate payment will be made of the full redemption price, plus
accrued interest to Jan. 16, 1947, upon presentation and surrender of
J. H. Moseley,-President,, on
said bonds.' -
*
* -
•"
:
*?a,
3296
THE COMMERCIAL &> FINANCIAL1
CHRONICLE
"vS
m
Penh American Coal Co., Pittsburgh, Pa.-^Bonds Call.
See
.Windsor Power House
Coal
Co.
beU>w.„
«w\
.
.
Bessemer & Lake Erie RE.
of
;
the
national
Contract
Division
mand
on
contractual
a
and
of
ment
win he
of
way
between
Bermuda,
Washington,-
the Azores and
'
(
,
H.
routes
Frankfurt, Germany, by
'Paris.
J.
The
'
Carmichael, Executive Vice-President, said four-engined equip¬
will
be
used
the
on
flights
which
will
be
solely
for
the
begin operation
as
soon
as
which
171
Bessemer
7
miles
miles
mer
the
over
road and
line
of
about
to
Wallace
The
to
the
7,
1947.
The
a
company
that
Chesapeake
& Ohio Ry. above.—V.
and
♦On "Dec. 16, the directors
declared
account
20
to
of
accumulations
holders of record
cents
each
paid
"this
is
in
of
the
series
total of 85 cents per .share
*945.":
Arrearages
at
as
Sept.
distribution, amounted
COMBINED
Cal.
Revenues
i
dollars"
stock,
payable
1940
1939
27,
20, 1946.
With the three dividends of
12,- June 12 and Sept. 12, this makes a
for ,the year
1946, the* same as paid in
1938___
1937—
_
1936
.
"The
12,
for
from
spend
on
104.14
to
places the preferred
The
issue
went
to
a
syndicate
&
Co.
Julien Collins
"sev¬
DeHaven
at
a
mortgage
Halsey, Stuart
to
&
coupon and were
oversubscribed,
See
V.
Co.
Inc.
reoffered
and
at
competitive sale on
-
associates
101.35.
The
'
at
100.879
bond issue
164, p.. 3148.
for
a
has been
The electric output of the
company and Its subsidiaries for the week
Dec.
14, 1946, amounted to
137,550,000 kwh., an increase of
3,389,000 Jtwh., or 2.5%, over the
corresponding week of last year.ended
The chemical Bank & Trust Co., New
York, N. Y., has been appointed New York
registrar for the 3.8% preferred
stock (see
offering
|n V. ,164, .p. 2961) ^-rV. 164,
p. 3148.
T
-...
■■■
kv
•
Pittsburg Bessemer & Lake Erie
RR.—Bonds Offered
—^Halsey, Stuart & Co. Inc. and associates
Dec. 18 of¬
on
fered
$12,000,000 first mortgage 2%%
bonds,
400 and .interest. Principal, interest and
;
awarded Dec. *7
r»
ocm
.8.7699
for
2%:
S
sa^e*
Salomon
on
in
the
-
They
Bros.
were:
Morgan
&
Hutzler, 98.6299 for 27a\ and
First Boston
Corp., 1.00,52 for 3s.
Dated Dec. 1,
1946; duo Dec, 1,; 1996.
principal and interest, June 1 and
Dec. 1, will be
payable at the
cufice or agency of
company in New York.
Definitive bonds in
coupon
:
iQ?2' re?isterahI^ as to principal, in denomination of $1,000, and in
iul)y
registered form in
denominations of $1,000,
icjad auttiorized
$5,000,
$10 000
multiples of $10,000.
Bonds are redeemable at
any
Uraq before
maturity,; either as a whcle; or in part
by lot, upon at
least 45 days'
notice, the initial redemption
price being 105%,
plus
interest.. Bonds are redeemable also for
sinking fund purposes on like
notice on any June
1, on or after June 1,
1948. the initial
.'
;jpr|ee• for sinking fund purposes being 102% . plus interest. redemption
;
Issuance,. guaranty and sale
subject
to
■
.
.
LEGAL
V
authorization
>
v
FOR
purchasers
INVESTMENTS—In
the
bonds
will
be
legal
the opinion of
investments for
by, the
counsel
for
the
savings banks in
California, Minnesota, New York, Ohio and
Vermont.
PURPOSE OF ISSUE—The
proceeds will be used for
the following
furposes: (i) to pay or to reimburse
Pittsburg for payment of $9,930 000
i t
consolidated first
mortgage 5%
(2) to reimburse Bessemer for
to
t
pay off $70,000
Lake Erie RR.; (3)
dated
May
funds
.
used
bonds of
of
to
27,
1919,
to
retire
50-year gold bonds due Jan.
1, 1947;
$70,000 advanced by it to
Pittsburg
underlying bonds of
Xhe
pay
in
a
the
like
Pittsburg dated
demand
principal
principal
June 1,
Pittsburgh,
Shenango
&
promissory note of Pittsburg
of $2,000,000
issued for
amount
amount of 5%
gold debenture
1899 and due June
1, 1919.
COMPANIES—The Pittsburg; Bessemer
&
Lake
Erie
RR.
is
a
cor¬
existing under the laws of
Pennsylvania and Ohio, formed
by the consolidation and
merger
of Butler &
Pittsburgh RR
and
Pittsburgh, Shenango & Lake Erie
poration
consolidation
of
its
RR.,
and
merger
stock and
common
■■iUnited Btates Fteel Cnro.
'
—
all
A
of
She
stock
$ena of 993
of
years
which
dated
80%
and
is
Dec.
22,
under
1896.
of
joint
agreement
100,000
Charges
$560,822
Net
Approximately
80%
0
,
88,886
1,470 599
2,692 618
97,714
1,226,799
1,192,729
$29.7,579
Drl,052
$363,797
Drl,081
$3,925,373
12,636
$3,714,830
$296,527
$362,716
$3,938,009
47,847
64,842
89,473
30,800
$3,725,426
672,607
89,477
65,400
815,413
984,203
1,009,500
11,257
$183;28C
income.,—inc. (net)—.
oper.
$177^01
$2,166,425
$1,914,553
deductions
Non-recurring
deducts—
Fed.
income—
taxes
on
Net income
Pfd.
stock
i-
—
div.
'-Balance;
.
c,
require.
♦Not
870,110
New" York
55,821
487,520
669,797
$121,780
$1,678,905
$1,244,756
816,996
| 635,500
•
underwriters
are
and
as
interest
of
2% %
will
"$60,000,000,
Two
prin¬
Jan.
1,
-v..
stock
Hie.—Arranges Bank Credit—
on
involved
are
Dec.
in
total
a
creditor
17.
the
agreement: Unsecured term
the
^ .>■*
North
<
-
Operating
:
'
'■
Securities
Exchange
•'
1946.—V. 164, p. 13.
Coast
Transportation Co. Independent
Diamond Ice & Storage Co.)
and
,
1946—Month—1945
revenues,-*-
Operation
:
Maintenance
$2,554,983
1,134,343
210,027
149,203
172,000
283,670-
—
——
Depreciation
Federal
income
taxes—
Other ;• taxes
i-i
Net oper. revenues
Other inc. deducts, (net)
f
^
/
directors.—
as
Corp.—Output—
arranged with !8 banks for
announced
Period End. Oct. 31-."- s*
Stages, Inc.
1946—12 Mos.-1945
$2,367,635 $29,855,720 $28,188,300
994,998
11,985,870
11,025,980
1,839,365
184.589
2,163,364
1,657,509
138,327
1,742,704
4,152,078
242.590
2,933,882
3,065,335
3,487,901
278,700
$605,740
23,052
$528,431
$7,541,999
8,094
104,469
$6,448,033
73,504
$582,688
188,178
$520,337
191,434
$7,437,530
$6,374,529
2,271,152
2,291,380
$394,510
$328,903
Reduction of Fed. income tax resulting from
"carry-over" of excess profits tax credit
payment
the
has
was
types of loans
(Including
100,000
that
on
common
Puget Sound Rower & Light Co. (& Subs.)—Earnings
100,000
f,
it
agreement dated May T,
950,000
950,000
950,000
250,000
400,000
.
1947,
of
The entire proceeds of the
$38,000,000 term credit were used to repay
an
equal amount of indebtedness outstanding under a bank credit
950,000
.
notice
1946, which included
shares
Jersey—Resignations—
Details
100,800
&
received
of
credits of
$38,000,000 and unsecured revolving credits in the total
maximum principal amount at
any one time outstanding of $22,000,000.
of the agreement were filed With
to
.
on
Publicker Industries
The corporation,
*950,000
Co.————
Weeden & Co., Inc.
Harold E. Wood & Co.—
made
financing in
number
p. 2834.
Commission.
the
Shields & Co.—-i-
be
$2.40
new
and
Electric output of the
operating companies served by this corpora¬
for the week ended Dec.
14, 1946, totaled 224,019,000 kwh., as
compared with 195,885,000 kwh. for the corresponding week last
year,
an increase of 14.4%.-r-V.
164, p. 3140.
follows:
L. F. Rothschild & Co
has
of
value
:
that shown
300,000
400,000
Exchange
$0.22
because
par
10,596
tion
5,125,023
6,370,918
4,158,068
1,292,308
6,540,117
5,902,693
950,000
Stock
the
880,132
$154,805
Public Utility Engineering & Service
2,070,477
1,046,521
150,000
..
'
William M. Hickey and George L. Burr have
resigned
V, 164; p.; 2157. V
'.'/J .
2,138,300
3,001,895
Robinson '
R. W. Pressprich & Co.-
^
in
outstanding.—V. 164,
$2,357,828
785,705
829,169
784,954
817,364
837,119
748,238
794,236
846,116
each period over
Thomas
comparable
change
1,003,106
2,081,429
544,711
654,672
28,475
*—
Earn, per sh. of com. stk.
a
—iq«
100,599
Gross-income
Income
(The) Pittston Co.—Interest Payment—
$5,166,378
$4,083,149
687,500
$4,315,190
687,500
$4,478,878
$3,627,690
20-year
Balance
5 Va %
cumulative income debentures, due 1964, on surrender of the
coupon due Jan. 1, 1947.
Interest is payable at the Guaranty Trust
Co., 140 Broadway, New York, N. Y.
^7
The Exchange directed on Dec.
13 that the bonds be quoted ex-
Interest
'
•
,
:
.
&
amortiz.—
..
Balance
interest 2%%
on Jan.
2, 1947; that the bonds shall continue to be
in "flat," and to be a
delivery in settlement of Exchange con¬
tracts made
beginning Jan. 2, 1947, must carry the July 1, 194.74 and
dealt
subsequent
;
'
:
coupons.—V.'164,
"
1
p.
Sv'''X.Vv*
1637..
"V-s*
-
•
^.
Balance
—V.
Each
of
four-brothers
owning the
company
about
or
25%
of his holdings.
addition to the public sale, 10,000 shares
ployees at $5,525 per share.
A dividend of 50 cents a
share has been
of
record
are
being sold to
12 Months Ended
Sept
See also
V.
Other
income
1945
$1,390,708
$1,343,495
31,059,007 313,963,970
21,263,159 223,723,001
>
160
451,067,
Public Service Co. of Indiana,
$1,343,655
459,988
$883,667
Inc.—Earning!^--:
Period End. Oct. 31—
1946—10 Mos,—1945
1946—12 Mos.—1945
$22,479,125 $22,594,481 $26,946,441
$27,244,231
Power purchased
978,938
1,368.286
1,179,351
1,682,954
Other operation-—^
7,400,605
6,677,861
8,786,641
8,055,461
Maintenance
1,284,988
1,332,402
1,678,234
1,676,070
Prov. for depreciation—
2,443,500
2,321,323
2,913,178
2,782,999
Prov.
for
State,
local
revenues——
—
and
Net
Net
.
misc.
taxes-
income-—*
inc. of gas,
oper.
oper.
water
ties
Fed.
dates of
$8,526,104
1,769,230
discount
2,168,825
transp
to
rail
from
time
A
to
time
payable
Dec.
cents
Under
the
the
permitted
The
$2.10
an
/
stock
to
purchase
Income—
-
Net income—
164, p. 2552.
—
$5,990,354
1,846,409
_
$6,716,464
67,817
authorized
$4,849,450
$6,784,281 ;'$5,833,668
j 2,076,030
;2,207,934^';-?,504,85^,
$4,143,945
t0
eligible Reliance
common
authorized
and
of
to
authorized
200,000
to
shares
be
30'uu"
siock.
will,
p
conunon
Credit^
wk
permit
filling its backlog amounting
decided
unfavorable
instead,
to $100,000,0ou
against the flotation of any new sto
conditions and resorted to tne
market
the
announcement
(Continued
Yorlc
Yori |0r
noration's
V
tl^t.C°gveaied.
a
Earlier
this
year
the
had obtained app
corporation
stockholders for the issuance of $10,000,000 of new prei
proceeds from which were to be used for tools, facilities
directors
^
5
Jhas com
to
o*
of
50o
17
amoui t
The corporation on Dec. 16 announced that it
rangements with the Chase National Bank of the City m
a
revolving credit to provide interim financing for
1 A il ^7
lt.Ana fiAvnmtnf
aC
tVl A
1947 aircraft program. fUVi
The amount of the ATPflit", W3-S IlUv
credit was no
of
shares
18Z.o
offered e
the
will b»
offerjng
shares
ortnnn
outstanding
stock, and has issued
350,000 shares of common
now
^
empioy
stpek in tnis
preferred
total
^
»«,r,iAvees
Republic Aviation Corp.—To Obtain Bank
ment
D fowoT srdsdaiA
i
stock,
outstanding.—V, 164, p. 2734.
1,027,545
$5,729,189
104,479 |
mon
declared on the co
i
has
company
convertible
in 1945-
$4,772,499
76,950
plan,
buy the company's
stock
50,249
oa
and declared ai
employees,
1
stock
$5,940,104
w—
®aered
amount
bring
(net)
Be
28,
issued,
Int. nnd other deducts.*
—V.
salaried
1946, to holders of record Dec. 19, 194b,
paid for the year to date, as contpa
paid in 1945. A dividend of 52ya cents a share was deciarea
convertible: preferred stock to be paid Feb. 4. 124H, to noia
ord Jan, 17, 1947.
'
"
80
a
Gross
to
of
common
Z)ri,745
123-3l0'9fi2®.
privileges—V.
carriers—express
and preferred shares.
•
15 cents a share was
common
dividend
of
income
other
124,318
The directors on Dec. 11
approved a stock purchase plan,
available 17,500 shares of the
company's common sWck to<
all
income
74,580,209
and
when
oper.
960,042
77,832
9,094,651 v.' 8,341,729
revenue—
shares
$8,526,104 $10,009,499 $10,218,464
$12,012,160
Fed. normal and surtax'
2,586,000
675,000
2,728,000
893,487
Fed. excess profits tax—
2,116,000
720,000
2,943,484
♦Special charges-^*—,
2,446,000
54,000
2,446,000
Net
991,991
111,193
Reliance Electric & Engineering Co.—-Stock to
Offered to Employees—15-Cent Common Dividend
Total income———
Other
12,26J,*>»
107,688
4,580
on
clared—
2,062,130
$9,125,377 $10,220,209
$10,984,614
884,122
14,544,451
at $14 a share.
ice proper¬
sale
1,341,851
1,590,423"
debt
periods prior
and
for
1,844,988
&
♦Payments
both
Operating
331,162. <0*
35,585.705
24,783,897
370,822
p. 3149.
,
,
$939,862
income
3,582,697
501,064
♦Rail
4,608,299
221.
$1,390,929
164, p. 596.
327,580,007
4,540,162
income
$5,951,794
(net).
Mos.—1945
30,688,185 3 09,423.808
Other deductions
1946
income
1946—9
1946—Month—1945
35,084,641
Tptal revs. & income
Operating expenses——
Express taxes -
27
Co.—Earnings—
30—
Interest and other deductions (net).
Net
.
Sept. 30—
and
revs,
funded
,
-V.
\
,,
Chgs. for transportation
164, p. 2962.
operatir
Gross
,—,
Railway Express Agency, Inc. (& Subs.)—Earnings—
Interest
Net
-
em¬
declared, payable Dec.
Dec. 20.
Portland Gas & Coke
Other
——
164, p. 2734.
Period End.
is selling 27,500 shares,
In
to holders
—
Proceeds will go to selling stock stockholders.
company.
232,041
•**—
Prior .preference dividends paid—
■
-
*-
Balance
7'
Stock Offered—Public
offering Was made Dec. 16 of 100,000 shares, of comnuin
stock (par $1) at $6.50 a sham The
sale, underwritten
by Brailsford & Cq. and ShUIinglaw, Bulger & Co. and
of
its preferred stock
are
owned by
its properties are
leased to Bessemer
owned by United
States Steel Corp
for
all
beginning April l„ 1901.
a
000
224,563
46,889
67,088
for
Total
.
Interstate Commerce Commission.
Fer^o
175,544
333,171
60,985
77,174
•.
—
■
'
$7,013,046
5,622,338
Three other
Stanley & Co.,
lor
$3,457
500,000
Otis &
500,000
The
made
1945,
earn
Hampshire—Earnings-
Public Service Corp. of New
2,138,424
7,357,113
6,538,193
bid of $98.8099.
a
power—
depreciation.
Taxes, other than Fed.
Income
*
2,280,000
2,000,000 '
••Net
7,119,156
4,952,304
400,000
series A at
:.
-
Prov.
$2,770,000
-670,000
Patterson, Copeland & f
■2. & Kendall, Inc..—-*
Phelps, Fenn & Co
Phillips, Schmertz &
250,000
Bodine
The Illinois Company—
—V. 164, p. 2962.
sinking fund
by Bessemer & Lake Erie
tional!y guaranteed
£«co
in
$0.7
and
$10,016,937
Other operations
Maintenance
associates, marks the first public participation in the
Registrar Appointed—
;
ji chased
of
Fixed
2,856,182
of
Townsend,
&
Gregory & Son, Inc.—-
of
$5,153,39
1946—Month—1945
1946—12 Mos
$945,052
$888,937 $10,840,171
revenues
Steam generation &
pur-
JPqrtis Style Industries,. Inc.
Weekly Output—
f
& Co
Green, Ellis & Anderson
10, the company sold
$30,000,000 first and re¬
bonds, due 1981, at competitive
bidding.
These
funding
retirement*
—
1,875,690
2,923,254
3,819,259
5,962,142
income
names
Fauset, Steele & Co.——
Glore, Forgan & Co
Graham, Parsons & Co.-
Offering Price
Dec.
en
&
Crouter
3.70% yield basis.
jointly by W. C. Langley &
'
then,
went,
2%%
a
102.289
3.
fiince
on
headed
for
the
is primarily the Pittsburg dividends
which, as
included in fixed charges as a part of rental paid.
Halsey, Stuart &Co. Inc._$2,850,000
Auchincloss, Parker &
Redpath
—'
400,000
.
Dec.
Public Service Co. of New
givipg i,
after
alone
are
f
102.70
,Cq. and Glore, Forgan
been
period End. Nov. 30—
Operating
the promissory note for
$70,000, would have;been
cipal amount of bonds to be purchased by each
a share
in the public
offering price of P
company's new $3.80 preferred stock
(par $100) has been decided
upon '
by the investment
banking group that won the
$30,000,000 issue at
competitive bidding Dec. 3.
Confirmation of this came Decv 13
when the company filed
with the
8KC amendments
changing the offering, price from $104.11
named in
.the original
prospectus, dated Dec. 4, 1946.
:
^
v;.The new, price
;
of the combined
excess
Bessemer
UNDERWRITERS—The
Inc.—Acquisition—
Philadelphia Electric Co.—Preferred
lowered by Underwriters—
cut
1946,
and
Fxd. Chgs.
21,473,389
20,379,750
18,026,227
13,687,456
8,544,913
17,585,189
15,467,348
1941—_
Dec.
new
construction, alteration of buildings and
Installation of machinery and equipment.—V.
164, p. 2696.
v
r
A
bonds
$2,918,650
19,766,661
1942
company on Dec. 18 acquired- the
government-owned Victory
Yard in Groton,
Conn., used during the war as a
submarine shipyard.
The price pa d for the 28-acre
property, bought from the War Assets
Administration, was not disclosed.' '
?%
John L. Smith,
President, said the company planned to
million
$0.73
^ 1946, $2,683,000
1943.—V. 163, p. 2998.
$4,901,500 in
EARNINGS-
$11,306,783
17,669,430
19,561,182
,
This
eral
30,
Ry. Oper. Inc. Avail, for
1944
.
1946, after giving effect to the
Sept.
$9.14 W per share.-rV»
163, p. 1164.
& Co.,
$4,820,996
$0.58
.
$0.80
^0me ^aX!S 0f *3'120'°00
1944 and
,
Year
Bessemer,
(Chas.) Pfizer
on
earnings of Procter & Gamble
Defense Corp
ings of English and Canadian
companies,
tin arriving at this
figure, provision has
.
'
1945
1,
to
A
Sept.
_—
dividend of 25 cents per share
A
of
bonds due Jan.
1,
1947,
the open account debt of
and
1946 (9 mos.)
164, "p. 2834,
class
share
stock
Non-oper,
2%% equip, trust certificates of 1936 (due serially to
1951)
2Va% equip, trust certificates of 1937 (due March
1, 1947)
2Va% equip, trust certificates of 1939 (due
serially to 1949)
1%: equip, trust certificates of 1940- (due
serially to 1950) -*
Common stock, 10,000 shares (par $50)
furtherance
*1943
$3,777,263
-.—
operation, ^compared
Dec.
March
on
a
the
on
$5,171,872
♦Excludes
bonds, series A, due Dec. 1,1996
$12,000,000.•
stock, 40,000 shares (par $50)-—-1——;
2,000,000 Common stock, 200,000 shares (par $50)—.10,000,000 '
The capitalization of Bessemer as of Sept.
30, 1946, was as follows: v
Petroleum & Trading
Corp.—25-Cent Dividend—
1946
1944
"v
——
per
common
"
.•
including that operated
the expense of, Bessemer.
at
as
1943-
on
Earnings
,
Preferred
Changes in Personnel Announced—
See
,
First mortgage 27a %
qf a previously announced policy to arrest
accumulation on this stock."
.Similar: distributions were made in
each; quarter during 1946.
Arrearages as at Nov. 1, 1946, amounted to
$36.25 per share.
:
-*1945
Federal
taxes, etc.
Chicago & St. Louis RR.
12 miles, together with,
Bessemer,
follows:
as
payment of $1.25 per share on
1, 1947, to holders of record
announces
issuance
the' $9,930,000
the prior preference stock, payable Feb.
Jan.
York,
about
,
by
capitalization of Pittsburg
effect
$3,148,701 $39,008,990 $31,672,234
Dec. 17 declared
depreciation,1
,
of
Junction,
road
property operated
under lease; is maintained by,
Pere Marquette Ry.—Declares
$1.25 Dividend—
on
miles
4 miles of sidings,.
The
Subs.)—Earnings-
*1946
j
CAPITALIZATION
The company in
Nov., 1946, had 135 stores in
With 131. in Nov., 1945.—V.
164, p. 2696.
directors
6
railroad of New
Cascade
$2,000,000
The
3 Mos. End,
Sept. 30—
JConsol. net profit
•
23,194
of
from
Peoples Drug Stores, Inc.—November
Sales. Up—
Period jBnd. Nov. 30^f.vl;i946r--Month---194S
T946t~il Mos.—1945
$3,873,737
prinPittsburgh, Pa.,
sidings, cross-overs and turn¬
outs.
The road operated under lease from
Pittsburg includes about
2
miles
from Erie
to
Cascade, Pa., which is connected with the
main line at Wallace Junction, Pa.,
by trackage rights held by Besse¬
Harry B. Biggins, President of the Pittsburgh Plate Glass
Co., has
been elected a director to
succeed the late Arthur C.
Dorrance.—V. 164,
p. 3148.
v
of
RR.
are
Pennsylvania RR.-*-Ne\£ director—
1—,..
all
owns
extending
&
22 miles of
some
with
—L*
It
Linesville
&
track
Capital Airlines submitting the most
acceptable figure. The Gontract is of an "until forbid"
nature and will rUn at least until mid1947, Mr. Carmichael said.—V. 164, p. 2447.
'
1900.
of. road
to East
•
and 208 miles of yard tracks,
sidings, cross-overs and turn¬
outs, and under lease from Meadville, Conneaut Lake & Linesville
RR.,
overseas
Bales
31,
Lake
Proctor & Gamble Co.
(&
sidings, cross-overs and turn-outs.
It operates under lease
from Pittsburg
approximately 171 miles of road, 131 miles of second
ownership of aircraft used by. Capital Airlines
operation, -Mr. Carmichael said, but the Airline will
supply all flight crews, supervisory ground personnel and all main¬
tenance- personnel and facilities for the
project.
'
Army authorities disclosed that the contract was let on
a bid basis
in Its
Conneaut
Monday^|December
laws
Lake. Erie RR. owns and operates a main line \cut-off
between K. O. Junction and
Kremis, Pa., consisting of about <9 miles
of
road together with about 7 miles of
second track
and about
necessary arrangements can be completed.
The Army, will retain
Meadville,
Dec.
194 miles of yard
tracks; sidings; cross-overs and turn-outs
operated under lease by Bessemer and 14 miles of
switching tracks
.operated under lease by both Bessemer and Union RR.
military and government personnel and cargo. Mr. Carmichael pointed
out that, although this
corporation operates as a domestic airline, it
had widespread experience
during the war operating overseas routes
lor the Army
Transport Command.
He did not set a definite date for
the launching of the new service but said plans are
already under v/ay
to
corporation, existing under the
a
track,
of
use
of
is
organized
operated under lease by Bessemer and 8 miles
between
North Bessemer
and
East Pittsburgh
are
operated under
sublease by Union RR.
Pittsburg also owns about 131 miles of second
which
basis.
stock
was
v
shortly will imminence flying seven ,
round trip flights to Europe each week
for;® Army Transport Com--
JD.C.
capital
and
Pittsburg owns approximately 179 miles
cipally frpm. Conneaut,: O:, on lake Erie
Pennsylvania-Central Airlines Corp.—New Division—r
The corporation on Dec-. 3 5 announced the formation of an Inter¬
>
Pennsylvania
t?;;
explained.—V.
on page
lb4,
3334)
P'
r
j
0f
stock
its
materia^
rders.
Tb®
because
dit
avrange"
2962.
'/>•k,Z-V:
.
■
Number 4553
164
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
*
||oc||tecord
New York
«»
StocklExchange
DAILY RANGE OF PRICES
WEEKLY VOLUME OF TRADING
YEARLY RANGE OF SALE PRICES
FOR EVERY LISTED ISSUE
LOW AND HIGH SALE PRICES
-
Saturday
J)ec. 14
Monday
82
82
83
•
9*/a
48
■
15%
vV 56
33
9%
9%
15%
.
35%
5%
35%
37%
58%
56
34%
343/8
35%
5%
28'%
53/a
43%
43%
102%
*98%
19%
167
*19 z;
16?
58
43%
44%
102%
98%
170%
5%
f 19%
19%
3,300
Admiral Corp
36%
20,000
110
5%
33%
37%
'
;38%
103
*100%
35%
941/4
31%
32
35%
36%
8,200
Aldens Inc
150
4%
4%
41/4
23,200
37%
37%
38%
38%
4%
393/8
60
59
59
61%
61%
500
43%
44%
44%
5,400
433/4
-
•
;
443/8
100
171
*96
98
*96
*19
20
*19
20
173%
173%
.
175%
174%
-
7%
*49
40
40
2,700
31%
1,700
73/4
x7%
7%
*7%
7%
7%
73/8
700
40
55
9%
72%
*31
'.31%
31%
31 y4
44%
7
443/4
45
*128%
%v
.13%
45%
44%
♦129%
133
6%
6%
7%
6%
*,"'7%
87%
31%
77
13%
132
451/4
132
31
*75
•
133/4-
89%
88
88
88%
88%
189
189
*187%
189%
188%
189
49%
49%
50
109%
110
48%
49
49:
109%
109%
24%
24%
*107%
148
*20%
*107%
148
*22
22%
98
46
143
20%
.203/4
79%
40%
413/4
303/4
y«.
99
•
31%
763/4
13%
13%
48%
47
46
-
131%
129%- 131%
6%
89%
90
%: 188%
187
50
*108
115
50
111
-
23%.
;
144
144
*213/4
*97%
99
45
111
-
23,900
6,100
13% Mar
11%
Deo
47%
Deo
Apr
34% Not
20% Feb
1
17
Doc
21%
Deo
8
38%
Jan
86
Doe
98% Jan
122
Dee
Mar 30
12% Feb
6
28
2%
69% Jan 28
9
82
3<
10
56
113
61% May 28
July 30
26
Aug 1
92
Brake
Am
5y4 ft
Co
Shoe
Amer
Cable
American
•
100
Radio
&
Can
1
Corp
100
52%
3,500
American
111%
1,900
3,700
Am Chain & Cable Inc
24%
24%
149%
149%
*21%
21%
7ft
1083/4
22%
44%
5ft
Fdy
preferred
1,300
No pa*
100
American
700
100
2,000
No par
Colortype Co
-American Crystal Sugar
4% ft prior preferred
Amer Distilling Co stamped
10
10
100
20
*5%
.' ,' d
6
17
6%
6%
18%
18%
19%
6%
6%
6%
110
110
110
109%
111
6%
17
*16
17
18%
6%
♦107
*6
6%
6%
*16
18%
18%
24
24%
23%
97%
*96
97
96
96%
42%
42%
42
42
41%
41%
7%
7%
22%
23%
24%
*95
*49
51%
33%
25%
26
*106
111
11
11
/'
25%
.
\ $
12
12
12%
25%
25%
113%
113 %
26
113%
Dec. 17
8 per share
26%
27%
27%
101
14%
14%
27%
28y4
.
13%
40
14%
133/4
*13
t
112
112%
112%
24%
23%
24%
96%
96%
*41%
42%
96%
95%
42
*41
7 Y\
7%
7%
>
Dec
10
17% Feb
1
106% Jan 15
210% Mar 29
Oct 30
187
45Ya Jun
88Yz Jun 10
30
Jan 14
64% Apr 18*
*137
Sep 11
2
27
30
16
30
19
72% May 28
132% Mar 20
•
4Q7/a Jan
150
Feb
164% Jun
34% Apr
32% Jan
108
Jun
75
10
1
14
22
28
10
July 10
122
14
122%
1113/4
111%
I5y»~ 15%
•<-*175
?
-178
121»/4
111
:
121%
111
'
15%
15
178
♦175
27%
28
*97%
15%
111
111
15%
16
*175 / 178
105
104%
104%
16
16%
16%
15%
15%
20ya
37
20 y8
20%
20
20
*363/4
37%
54%
36%
533/4
363/4
54%
<
*20
20%
20%
37
37
37
54%
543/4
*165
167%
35% 35%
•158
-163 /
32%
26.3/8
27
32%
26%
v
v
*42%
27
433/4
*141
144
50%
50%
167% 168
55
54
166
♦104% 105
53%
.
168
168
353A
33%
33%
33%
26% <26%
27%
433/4
167%
35
333/4
28%
27
27%
27%
27%
273/4
273/4
44 y4
44
45%
44
*44
*141
144
142%
142
*49%
50 V*
167% 167%
168
50%
1673/6
167%
*49%
6ft
600
16,000
American
7ft
30
13%
*39%
13%
121
112%
15%
*175y8
-
<
50%
Amer
14%
113
16%
21%
37
56%
166
35%
*158
34%
28%
27%
463/4
News
$5
19,400
22
230
3,900
1,400
370
37
7,700
180
1,200
6ft
10,800
2,100
600-
2,600
144
52
300
166%
167%
15,200
78%
773/4
78%
77
78
77%
77%
77%
78%
78%
79%
803/4
81%
80
80%
80
80%
80%
813/4
81
81%
158
158%
117%
17%
18
*102 % 107
*49%
50
106% 107%
*90
91%
9%
9%
*66
70
39%
*52%
39%
54
48%: 49%
*109%
•50
16
*15
111
\50%
*16
*
15%
158
158
159 %
57
57
57%
*117
17%
117%
483/4
90
9%
68
39%
♦52
48%
110
106
17%
*102%
♦102% 107
105
117%
173/4
*117
18%
48%
49%
48%
483/4
103%
1023/4
1023/4
89%
89%
92%
9%
68
93/4
9%
68
*66%
40%
54
49
;v
,
110%
16%
*38%
39
*39
>39%
♦43/4
*102%
483/4
103
91
93/4
10
10
673A
68
*67
39%
39%
50
51%
*49%
110
50
5
17%
39%
49
,110
15
91
58%
117%
52%
49
15%
*89%
157
40
39%
,52
16%
5
106
102 Ya
50
5
173/4
493/4
16%
*4%
*102%
17%
1175/a
106%
50
*15
58
57
*116%
50
16%
;
15
5
>
x47%
473/4
47
157
158
59
59
117%
*117
173/4
18%
*103
106
49%
49%
103
1033/4
91
91
3,000
10%
72%
1,200
13,200
1,100
40%
22,000
51
51.
48%
3,700
50
16%
16%
16 y4
*109%
16%
15%
5
13,900
91
473/4
50
♦15
493/8
103%
50%
50%
17.
15
200
111
16%
.
450
15
1
800
5,200
300
5
5
•
5%
1,700
*00
O O lc.
»7nn
Steel
No pat
100
25
preferred
—100
No par
American
Sugar
Preferred
Am
No
Co
Sumatra
Refining
Tobacco
No par
Telep & Teleg Co
Rights
6%
5ft
Am
-
class B
preferred
American
'
—100
Corp
Wks
&
Elec
1st preferred
American
prior
Anaconda
Anaconda
No par
preferred
Copper Mining
Wire
&
Glass
Oct
85%
Mar
128
Oct
138
Jan
10% Aug
89% Feb
183% Jan
17
Deo
39
96
Oct
199
Dee
67% Deo
Jan
97
Jan
110
112%
Jan
Jan
Not
127
42
.
Dee
156% Dee
Oct
149
112% Mar
13% Jan
29% Not
18% Jan
27% Deo
30% Jan
17
Dee
Jan
»% Deo
10% Jan
19% Not
3%
"2%
96
Jan
"«%
Jan
20% Jan
Nov
*117% Nov
Nov
40
,
Mar
109% Deo
38% Jan
56% Deo
91
6
47
10%
Mar
"5%
Deo
08
Jan
Deo
14% Dec
Jan
Deo
26
Jan
108
14% Oot
41% Dee
199
Nov
Jan
Year 1945
Oct
34% Dec
160
Jan
8
27% Nov 22
25y4Dec
5
24
Sep
4
38% Oct 10
138
Sep 24
47% Jan
8
200% Jun 3
2 A Nov 30
99% May 21
100%; May 17
174
July &
78
May 28
121
Jun 24
28% Jun 5
159% Nov 21
1% Oct 31
Oct 10
7
150
Sep 18
48%
116%
13%
102%
Oct
Sep
Oct
Sep
6
Apr 5
73% Jan 29
181
APr 20
50% Feb 6
172
Apr 25
50y8 Feb 4
43
May 10
38% July 11
58% Feb 6
158
Apr 10
67% Apr 18
5
10
11
30
30
110% Feb
9
29 Y3 Jan
3
102% Dec 17
70% Jun
182% Jun
5
5
89% Dec 17
105% Nov
6
Cable
1
7
Sep
25
64
Dec
4
50
No par
Corp
Ar/tViAr.nnn^le.MlHkriri
15% Jan 29
19
ATrt tlflf
35
41
38
Oct 30
Sep 10
Sep
9
90
May 8
51% Feb 6
60% Jan 14
62% May 28
£*114% Mar 21
,
/
108% Oct
43% Jan v?.j ^64% July 11
15% Oct, Id
.27%May 27
13% Sep rVjCTT
4% Nov.kStT
®
24 %
10%^
Mar 22^ -" 41/4
D^C
tper share
Sper share
52
7
Highest
Lowest
No par
12.50
$4 preferred
-—..No par
Anderson, Clayton & Co
21%
Anderson-Prichard Oil Corp
10
Andes Copper Mining20
A P W Paper Co Inc
5
Anchor
i Jun
83% Dee
X41
Nov
100
conv
Hock
14
No par
—
prior preference
Amer Zinc Lead & Smelt
$5
185
76 Ya Oct
No par
Woolen-
Preferred
Conv
Sep 19
Sep 24
45% Sep 10
73
100
preferred
Water
80
s
16
33% Feb
19
33
25
100
Viscose
,
25
Tobacco
Common
100
100
Amer
American
par'
No par
:
14% Dec 19
5
No par
No par
Foundries
Stove
27Yt Jan
3
05Y* Feb 26
100
-
___
American
41% Dee
<
*
Jan
15% Aug
103
22% Jun 6
133% Aug 13
123% Aug 8
23
Feb 16
186
Feb 14
42% Aug 21
108% July 12
20
Aug 29
*173% Nov 15
10
Stores
$6
1043/4
40
503/4
43/4
29,600
51
*50%
15%
18%
48
110%
4%
100
10%
403%
*109%
*15
5,400
Snuff
Sep 23
Sep 19
Jan 2
Jan 3
Nov 22
9
100
;
American
400
60
1223/4
*67%
103/8
72
111
in
158
No par
—
non-cum
Amer
7,900
'
Sah'y.
Oct
34%
10%
87%
88%
12%
No par
No par
Preferred
American
11
No par
No par
com
Rolling Mill
4%ft conv preferred
American Safety Razor
American Seating Co
Amer Ship Building Co
Amer Smelting & Refg
165
343/4
28%
27%
47%
Stand
&
69%
Jan
45% Mar 21
106% Jun 24
25% Jun 3
43% Jun 3
163
July 15
17% July 1
60
Apr 10
Nov 22
12% Nov 20
23% Oct 10
139
Dec 12
1
Co
Preferred
178
573/4
171
35%
Co
American
Rad
20% Jan
Jan
21% Oct 30
No par
No par
preferred
Am
Dee
7% Jan
$ per share
98
100
Amer Power & Light
$6 preferred i
48,300
*503/4
167% 167%
<
300
*140
51
American
600
31,900
1,300
1,900
Molasses
43
Jan
Dec
Dee
9
$ per share
100
-
American
800
11%
71
70
5
28
44% Jan 15
119
May 22
Range Since January 1
Lowest
Highest
No par
Ltd
Co
3S^«BepZ
Jan
Range for Previous
Metals
&
Metals
•8% Deo
15 ya Jun
22 y8 Nov 22
Sep 11
stock
Co
preferred
preferred
38% Jan
16% Jun
9
111
1Q&
& Fdy
cum
Mach
6ft
40
122
37%
1043/4 105
15%
15%
35%
*158 # 165
33%
34
28%
39
*27 Y*
28
46
463/4
*140
144
2,100
7,000
13%
363/4
2%
56%
No pan
-
4
18% Mar 30
118
May 10
liy4Marl2
Par
3.90 ft
81
157
9% Sep
EXCHANGE
Amer Mach
803/4
563/4
-
35% Nov
99% Jan 21
i.
NEW vow w
Amer
78%
56%
*117 v
Locomotive
preferred
4,900
71,900
4,800
*156y4 158
of 111
Shares
r2%
h
Co
12% Jan 28
Jan 28
SVVSep 24
No par
1
9
63
32% Dec 18
100
Corpiw-.
Invest
55% Jan
2
1
new
preferred
Internat
300
2H
r2%
^
non-cum
American
44% Oct
No par
Amer
1,100
139
36%: 36%
54%
56%
167 - 167 ,
35%
165
26%
273/4
50%
*49
33
•
144
•141
168
35%
*158
34
*158
163
♦158
15
*166
163
35%
353/4
104%
104%
Xl4%
168
35%
f;
36
35%
15%
29
*135
29%
16
35%
35%
1
50
American Ice
101
15
139
*104
353/8
7,500
2,800
Oct 10
Sep 11
Sep 10
5% Oct 10
10
Leather
preferred
American Home Products
the Week
t per share
36 v. 37
*104% 104%
143%
15%
20%
21%
35
Co
conv
Sale* for
Dec. 20
12%
13%
*40
41%
133/4
14%
*120 - 121 ,
40
13%
share
15
123/4
40
per
28
*135
,
28
12%
26%
&
S3
23% Jun
Oct 10
Sep 10
5 Yo
100
18
90
37%
No par
Hawaiian
American Hide
6ft
113
Friday
26%
27%
*97% 101
139
13
13%
35 ya
*173 %
143/4
14%
14
39
14%
t
26%
27"%
113
Dec. 19
101
*135
26%
113%
preferred
Dee
104% Deo
28% Aug
17 Y* Nov 21
No par
$6
.
3,900
-12%
40
No par
No par
American
11% Feb 15
6
8
14% Jan 29
129% May 15
44% Apr 15
118
May 11
5% Sep
4
13% Oct 10
1
No'par
Dee
48%
28
53% Jun 11
STOCKS
8 per share
26%
11
12%
26%
Tiling
$7 preferred
111
11
Thursday
Dec. 18
*97
8%
12%
*112%
113%
7%
Encaustic
European Sees
$7 2d preferred A
511/4
11%
25
25%
24%
*112
Amer
American Export Lines Inc
Amer & Foreign Power
800
33%
107
111
12%
12%
*12%
98
42
8%
8%
American
100
7,100
8,500
1,100
10,300
1,700
32%
33
11
11%
*11%
*49
2,900
17
7%
73/8
*106
111
*106
97
*41%
513/4
*50
52
*50
39
13%,
41
15%
178%
35%
15
139
13
110% 111%
•
15%
28 Ys
*136
123%
*122
122%
14%
28 Ye
.
139
♦136
27
101
*97
•97
41
*173% 178%
111%
23%
LOW AND HIGH SALE PRICES
Wednesday
Tuesday
per share
•39%
13%
14%
111%
23V4
8%
•13
14%
110%
23
32%
Monday
Deo. 16
14%
*110%
109%
8%
113%
139
122
6%
32%
111
'<
-
28 V4
6%
8%
1
•14
63/4
32 YB
*12
273/4
101
28%
*136
6%
8%
4)ec. 14
273/4
6%
32%
Saturday
•97
6%
8%
>11
113
$ per share
19 Ya
8%
12%
*111%
18%
32 y4
11
11%
*12
6
*16
19%
8%
♦106
111
*11
7%
51%
6%
16%
18%
33 y8
8%
*106
7
*49
5%
16%
*
18
32%
33%
8%
7%
51 Ya
7%
*49
6
6
17
18%
6
*16
Doe-'
36%
3% Jan
'
*15%
84%
<43% May
Apr 25
91% May 29
Nov 22
96%-Oct 9
2iy8Nov 21
104% Sep 12
120
Sep 19
17Yi Oct 10
2oya Sep 20
97% Dec 10
41% Nov 22
100-
Chicle
75
42
-
No par
preferred
conv
American
99
43%
&
non-cum
200
■
23
99
44%
Car
/■
Jan
74% Dec 16
79
25
—
Dee
23
39% May 27
12% Apr 25
10
20
•
88% Dee
194
27% Aug
20% Jan
102% Deo
15%
Jan 30
63% May 27
108
July 29
62% May 31
95% Nov
4
9
10
Dee*
42% Dee*
106
Dee
Jan
13% Jan
153 % Mar
29% Jan 28
39
jun
74
22% Jan
18
:
80%
Jan
19% Apr 24
'-
72y4 Oct
12% Nov
36%; Oct
129
May
5% Oct
No par
Preferred
5
19
22
25
22
25
25% Oct 30
10
-1
preferred
212 % Jun
Dee
6% Dee
Jan
.14% Jan
28
Jan
87
*
7
8 Ya Jan
10
10
9% Not
6% Jan
15% Jan
Aug
Nov 21
9
50
Corp
Deo
Jan
51% May 27
37% Nov 22
•
100
Deo
32%
57% Nov 22
1
pfd
6ft- preferred
>
American Bosch
•
130
187
22%
44
Airlines
cum conv
•
7%
90%
Corp
*
18% Dec
Dae
17%
V38-
22%
103
Oct 80
29Ya Sep
3iy8Nov
99'/a Nov
30% Nov
91% Nov
25
Sep
6Va Oct
44
Oct
64% Sep
American Bank Note
30
99
*97%
44
43
473/4
133%
*107%
21%
22
223/4
99
51%
148
21%
21
21
893/4
187
3%%
.
2,700
4,500
243/4
*107%
Jan
Apr
593/4 Apr
10
-5
No par
100
No par
100
No par
1
50
No par
114
Jan
1
9%
25%
3
135
20
154
Agricultural Chemical-No par
American
10
14%
108 3/4
24
23%
1083/4
*107%
143
-
91%
Amer
4,200
77
63/4
51
110
8,100
31%
*131%
188
49%
86,500
31%
*75
6%
6%
6 3/a
23
45
131%
88%
188
700
10%
72%
72
Petrol
Amerada
4,300
41%
9%
763/4
*97%
46%
*41
10
71%
-13%
■
46
45%
*79% 80%
4
13%
Feb
60
1
May 28
8
>
Nov 21
No par
Inc
Co
Stores
Alpha Portland Cera
Amalgam-Leather Co Inc
6% conv preferred
55
30%
.303/4
77'
*13
*49
70
71%
*75
55
9%
9%
69%
*213/4
22%
♦97%
$ 46
23%
*96%
143 ;
20%
20%
108%
*107%
108%
*142
*
23%
23%
24%
23%
21%
*45
110
110
108%
*142
*
~
9%
78 Ye
40
:
40
-
*47%
85
79
40
9%
70%
55
*47%
76%
9%
*128%
25,200
94%
42
77
383/4
31%
743/4
13%
38%
94%
75
*75
38%
Mills
No par
Corp
4% preferred
Allis-Chalmers Mfg
3%,% cum conv pfd
600
313/4
76
I-
36%
100
94%
9%
'
37
35%
100
31%
'70%
77
100%.
94%
*49
13%
100%
94%
9%
*75
-Allied
30%
72%
*13%
Allied
21,800
94%
55
*40%
400
3,500
37%
30%
70
9%
193/4
33%
36%
94
*49
-75%
19%
33%
37%
31%
*74
54
*74
7%
•*7%
|7%
J
l93/4
33%
101
101
36%
Allied Chemical & DyeAllied Kid Co
2,100
193/4
373/4
May 13
'
174%
I per share
41% Jan 28
Sep 19
17y4 Oct
1
Highest
S per share
19
68% Jun
18
5
No par
100
gtd
Allen Industries Inc
Oct
Dec
24% Feb
;
Nov 21.
90% Dec
3% Oct
29% Oct
52% Oct
38
Jan
913/4 Oct
100
Alghny Lud Stl Corp
Alleg & West Ry 6%
200
323/4
20
33
37
preferred'A
5%%
19 k
X50
19
25
5
100
1
$2.50 prior conv preferred-No par
x36%
*19%
—10
common
preferred
Allegheny Corp
100
20
*19
7%
32 %
104
4%%
9,200
Dec
33
100
Alaska Juneau Gold Min
1,400
4
9
No par
Ry
5%
29 y8
31%
03%
-94%
94
-32
Inc
Vicksburg
30%
*32%
101%
&
90%
♦95%
38
*100
101
35%
.
37Yi
39
101
35%
94%
37%
Reduction
Alabama
-
90%
20
32%
33
Air
90
1
_
169
Nov 22
44 Yi Jan
4
24% Sep 19
10
30%
323/4
*19%
33
20
33
1
9%
91
30% Feb 26
13% Oct 10
No par
Address-Mutigr Corp
"
•19%
Express
Adams-Mills Corp
1,800
30
43
43%
20
170170
,
35%
*105
8
10
'
33
9%
Adams
2.50
93%
*58
102%
20
20
167
7,100
56
105% Oct 29
Co
*90%
29
*90%
37%
58
*56% " 58
43%
16y8
15%
No par
Straus
Year 1945
Lowest
Sper share
61% Apr 12
Co
37
4%
37%
5%
5%
Motors
Steel
Acme
4
92%
4
110
&
5,900
1,100
33
35%
*103
"
*98%
Abraham
ACF-Brill
9%
47%
t per share
No par
com
93%
9Q
29»/a
*91
34%
34%
106
106
Abbott Laboratories
110
*52%
93/a
Par
4,700
9%
323/4
9
9%
9%
110
5%
-
*19
56
32
Range since:January 1
Lowest
Highest
Shares
47%
16%
*52%
32
31%
-9%
*106
5%
28%
92%
4%
"4y4
37% .138%
38%
15%
15%
♦52 ;
32%
EXCHANGE
88%
*100
10
47%
Range for Previous
NEW YORK STOCK
$ per share
86
109%
8%
47%
Sales for
the Week
Dec. 20
91
*100
9
47%
15%
56
9%
92'A
*56 y8
110 r*
8%
47%
15%
/
90
Friday
'
2$%
:
4%
,
15%
♦52
5%
v.
93%
*100
9%
x32%
•106 ,110
5%
r29_
4%
;/
35%
35%
29
9
t per share
90%
87%
4747
9%
112
*92%
•♦100
56
33%
Sper share
87%
110
32%
9%
♦52
*52
•32
*105
Dec. 19
85
9%
47%
15%
♦47
15%
;
110
9%
9%
48
Thursday
Dec. 18
I per share
85
♦100
105
*100
Wednesday
Dec. 17
$ per share
Sper share
STOCKS
Tuesday
Dec. 16
.//v.:
J
11
91
Mar
41
11%
Mar
19% Deo
24% Jan
130% Jan
149% May
39% Nov
13% Nov
184% Dee
2% Jan
80%
Jan
64% Jab
11% Jan
170
98% Dee '
17% Jan
32
Aug
40% Jan
164% Jan
41% Apr
153
Feb
27% Jan
18% Deo
»
30% Deo
19
•
17%
Jan
41
Aug
128% Jan
29% Jan
157
Jan
65
Jan
65% Jan
145%
Jan
43% Mar
116%
Sep
8% Jan
99% Jan
9
Jan
100% Mar
"5%
Mar
DC*-
31% Not
44% Not
.
22% Jan
Mar
184
Jan
15% Jan
75
Jan
Nov
69% Doc
Deo
391
50%
164
v
Not
Aug
-43% Dee
-
99:
Deo
31
Deo
;: «o
Dee
Deo
153
58% Not
198% Nov
90
Dee
91% Oct
161% Dee
89% Dee
121% Mar
26%
112
Dec
NOT
31% Dee
140
Dee
U% Dee
50% Jen
99
Jon
99% Jan
49
Net
38% Jan
57% Dee
Jan
45
Dee
:109
July
38% July
113
Deo
24%
12% Aug
4%
Jan
23% Sep
48% Not
98% NOV
9% Not
30%
Oot
TOE':CQMMERCIAL fttFINANCIAlitCH^ONJCLE
Monday, December
23,
NEW "YORK! STOCKllliCORtt
!
Saturday
{
Dec. 14
•';k¥hursddyv-,
fl4%;'
♦126,
•152
■
..Deo. lft
•'•
*
11 per share
y
; Friday
i«; Dec. 20
tpenMaH?
,
14%
t per share
•i4?4v 15%:
128%
125-"
160
128
*153
45%-. 45%
♦loi : 104
•;
14%
15%
125
156
127
156
>
156-
•
19%
14%;
19%
;
20%1
126%
128
:
.
;
104
104
j
20%
15%
15%
20
20%
"T28%-
125
126
129-* #
*126
129
*46% ,.,47%,
98 i
99%,.
r
-
108
108
*14%' 15%
*107: "107%I
v
14%-
*46% ,,47%
99% 101
.
"107::, 107%
,
> 15%.
15%
52%
53%
*28%- 28%
28%
*106.;
,
102
,106%
69 k
V
.
<28%#28%
.
72
35,';.
35%
lose
108,::
>102
•*100%-i03^vr.'-
23%
104:
'
'23%?,!.;'
23%
-61%':.
"23%
60%
.24:
61%
-
58"
\5
115-115
*24%'
*115.'
27% %
•26%
6%
20%
.
21%,.
20%; 21
•
15% ;16%
24%;'*A 14%,* 14%jt';
*66
67%%-
15%
:;J„
t
•
49%
49%'
(
; 20%
,15%
■
16%
23%:' 24 k
*14%' 15 r.f
*'66
■
67%/
23%
V X49
-
:
.
"
49%
26% *26%
6%
6%
14%
67%
191/4
i.
♦
59„V?
109
106
*35-,
:
-
u
:16fcl7
'
T
*H2«i
21%
<
17%;.;
21%%
*100
5102
*.
34%:
;•
27%'
-r.N«
96%,; 963A
91%
r*144
57%
*35
<
r
fe
*16
»
,
*38?:
20.%
45
x
51
*60
32%
*5%
k,
48%
12%
*...*94n?
,15,
V
t
32%
28%
A
54%
*106;
?
12%
15%
33%
28%
55
vv55%r-56%
108
26%
26%
-.
16 %
74 */4
29%
20%
:
98%: 99
>86?
89?;
♦93-
97
13%
;
;
7%
14
>7%
*93%
15%,
35%
17%'
.76%
•85;
,88
107
.
34
*102
102%
24%
..24%
•;
'
9
1
15%-Nov 22
10
,16% Oct 30
..Dec 13
'28% Oct 30
102
?—100
"_5
,£#«;
Co.
1
"7%
1
Steel
(Del)
22
l
Feb
26
85% Nov 22
No par
preferred_^._____iL_
10Q
143:
Dec
6
Bigelow-Sanford Carp Inc—.No par
Black & Decker Mfg Co—^
No par
.Blaw-Knox Co—,^-4.-----No par
.Bliss (E W) CO-#~—
I
83% Apr 10
,
'
,
.
$2.2a
.
coiiv
40'f? May 31
30% Feb 16
lisV* Jun
preierrfiai4-—/Vu pjiv
58
Bliss & Laughlin InC—#—2.50
*
■"Bioomingdale Brothers
Boeing Airplane jCoj
.
■
i
;
Class
B
1
.5
Co
73% Jan
9,
112:. Apr 30
;69% July 9"
Nopp,r.?
4.—o—'No par,
Bond stores inc common
?Borden
v;
-
_l
48 y4
15'
(The> '——+
57% Apr 22.
61% Jun
5"
Borg-]Warner Corp-4
^^.',5
3%%- cum preferred .#v,--!---10a;
.
Boston &
Bower
Maine RR
Roller
26
v
14%"
34% ^
34%
35%
2^\vi-..27.
54%;
lOdVa'
54%
*107k
27; 'k
r
,4 35%;
*103?
?.!
15%.,
*103.
25%
19
,4
18%
,.V.
;
-
19
27;%? ^
.
35%k-
18?;;
99^:
.26%
27
*35%
.103
..
•*
*120
'
-
"36!
17%"
25%
*120 i
'
13
73%
*95%
11% Jan
5
new
34
,
•
•,-
3%-#>
preferred
Brooklyn Union GasL...^
•3,800
800
Brown
40
25%
*
>
97,,
18%.;i8%
9,400
Bucyrus-Erie
•
'
Co
$5 preferred
t
,
common.
6%
preferred
pfd#"l00
___no par
5
"-Til
i'0a,
.
LOW AND
Monday
Tuesday
Deci. 17 :f
,
Dec. 1G
HIGH SALE
<
tper share
Sper shares
25% May 3l<
130 " Feb
2;
2.2 y8 Jun 14,
2
10
70% Oct 29
; 99 ;;
11»
97
13
Dec
-
Nov
108 %
97
Dec
10
13
Nov
25
1
~~ioo
preferred_li00
Butler Bros common
4V%% preferred
10
loo
Copper & Zinc—,
Byers Co (A M)__
5
Dec
20
105
Participating preferred___100
Byron Jackson Cox_
No par
99
15%,Jan 29,
100-
Apr
'98*
May 31:
29%
*29%
•'
3%
k
3%
3%-
29%k
29%?
Thursday,
pep. 1%/?'
Dee. 19
tper share*
12
45,
.
3%
/
'
.:■•?;
1121^
-
Friday
110
H
:
#13
24%
59%
59%
*57%
24%
-13
126
46%
"%
37
For footnotes see
24%
13%;'.^12%
59%
>55;';57:;
*122-
3%-
24%
•: 13%::
nr119^"119^
?
/
*
12%
57%^7%"":" ^ 57%
*325.- 126'
16%
• per Saute
Sales for
NEW YORK
the Week
35 y8 Feb
Oct IS
19% Nov 22
*45%
46%
3307.
6k
16
112% July 11
;
40
May28,f
Range for Previous
STOCK
Range Since January 1
.EXCHANGE
Lowest
*125:
26
-*13%
*45%
*23%
12% "
57%:'
'
55
.
46-
16%
167s
16%
16%
37%
36%
37%#;
:
12%v 13%
57%:
*53
125
46%-
16%
37%
Campbell W &
124■'
57%
54%
125
46%-
17%
38
#
C
Fdy
I1?$*Vry Ginger Ale
$4.25
47%
-kq
12% Jan 28
Nopar
Inc^l.66%
40% May 29
l& i
preferred
147
class
Carrier
Corp
Preferred-.4^
A :
1
_io
loo
«
ZIIIIZIlo
&&'
.
7
25% Dec
_
Capital. Administration
July 30+
May 29
•
58 «• Jan
____
$3 preferred A
Carolina Clinch & Ohio
Ry_
Carpenter Steel Cd_,
8
; Apr It*
7% Feb 16-
5
Canadian Pacific Ry
%5
Cannon. Mills —!_I__No"por
Apr
58
i
_—i_____No par
•Canada Southern Ry Co
_ioo
Canadian Breweries Ltd_
No var
;
$ per share
No Par
■
o%: Preferred—:/;,
Callahan Zinc-Lead
26
.24
California Packing
Calumet Si Hecla Cons
Copper
24
126-
-
.
12»
22% Feb
16
73% Apr 22?
21% May 29=
59%
May 21
137 : May 23
61% Jun
34
60..
.
.
17
Jan,"30#
Feh.
Year 1945
Lowest,
Highest
.
,Shares
•
119% 122
*45
'
4a?;l-
37%
38
*
-
48.;# v
*45 "
';*e****w^p^7^p##--x54%
46%
page
"
13%.-,
24
May 15
9% Jan
9
r
-:T>53,%"-'.-56:';r
3%
3%
25
13%
29%-,29%
....
119% 119%
*
•
10
Oct
STOCKS
.
Deo. 29
t per Share
29%:
3%
3%
24%v
13'
*24
J?i/ IS If
37% 37%
3%
46
24%
i3y4
*55
:57;;/.:s
125-126
*45%
47
-
.
*44%;;46.:4,&.*44%?-
,13%
/24%
29%
'
k66%7:./;56%i
?L
IL/
,44%
29%?
4,?1
39% May 28
$ per share
29%
Mar 23
3
Sep 26
4% Oct
15
«
2r
10
20% Nov 22
No par
Jan
102% Aug 16;
21% Jun 13
6% Nov 25
75# Dec
75; Oct
July
11,
59% May 29 i
26% July 22'
1H / Mar 2?
119% May 27
;16yB Oct 30
97; ' Dec 20
87
21
4674s Jun
21
100
106*
Jun, 25,,,
45% Feb
18% Nov 22
33
357/8 Dec
Apr 23
38V2
9
25y4Oct
37% Mar
3:
-45% May 28
110% Mar 18?
9
Sep
Jan
17%'Mar
.47^7 Jan
10% Mar
PRICES
Wednesday,
>
;
:
,
; May 1.
115 1 Apr
3 •'
38% Apr 22*
8
2N0 par
Butte
'
42% Jun
19
Oct
9
53ya Jan 28
28
103-
9
Dec
70
25
Oct
._100
.
Bldg 7%
'• Nov
9% Oct
■
\
Watch
Bush Term
105
16
20% Feb 16
10
20% Oct
No par
No par
.95 i
9
35% Jan
23
Dec
34% Jan
30% Oct 23
-23>*' Oct
.14
3%;% preferred #__«#,
Burroughs Adding Mach
; Bush .'Terminal
,
9
120
:
"
21
5
j
Cp Inc__
;
Burlington Mills Corp com
i
4 % { preferred
3%% conv 2nd preferred
,
Jan
13% Sep
72
"
__IIIlOQ
Forge Co_
Buff Niag; El Corp $3,60
Bullard Co
Bulova
par'
!_No par
Co__-.__.„
preferred
.Buffalo
-
."
.
iBudd, (The)
"
37:
19%
7%
12
•25
.15
No
Dec
„
31V2 Sep
No par
com
[
24%
18»/a
Inc
Bruns-Balke-Collender
97
23%
34%,
Co
1,900
13%
97
Shoe
$3.60 preferred
123
29%:: 29%
12
100'-
—
;
18%
2.50
.
110
'
Airways Inc.*.—._I
»May 13
107% Aug 12,
(assented) _100
Bearing Co
Brewina Corp of America
15Bridgeport .Brass Co.,
...No pari
Briggs .Maiiufacturjng.'...
*_No par
Briggs & Stratton
No pan
Bristol-Myers Co common—
2.50
7,300
11,-000
-•1,600
2,600
73%; 73%
.
" 22% ^23%
*34% : 35
18%>.
•
Braniff
900
'
36
..,17%''
12% -.13%
74
-
104".
:
123 "
23%-. 29%
15%
35%
*101"
■
25%
17%
"
?
14,000
-
:'"27%- 28%
,54%.-.56%
107% 108Va
•
26%^27Va
..
36%
103;
.25%.
?
■
^
15%
*107... 108%
.
25%
55.^.
95
35
~'27%;r
..54%
104,%_.
:
*
137/8
95
-
10,
Jun 10
66% May 10,
35 t Mar
26,
I5;
?
Bohnj Aluminum & Braps^.-.
i,Bon Ami Co class A_^
,.
f
18% Aug 21
No par-
1
'
34
12%
90%15%
*26%
2.71/*- 27%?
*35%:,35%;
1104%
25 %
f 25%S
•
-12'/a?,,, 12%
*93%
14%
28
:
12%
96%
33%
-
• -
54,>-.r55%|j '.
*106'
108i&:
<.
35
*97Vi
99
*86?k; 89
*93Sf 97
Dee.14
29
Oct
24% Sep 20
96%<Dec 16
■
,
Saturday
Oct
15
#.
..
$ per share
101
29% Nov 22
&
Bethlehem
f
*33%
9
20
.Best Foods
.
34
21
No pa r
.
.
,
Feb
Nov 22*
;30% Oct
Best
,,
33%
11?
50
;
104,
___1
1
Cd-
21%. Oct 10
46%= Sep
4
-, Nov
22
Beneficial-Indus Loan#i^j__iVo par
Cum pfd $3.25.ser .of 1946-Nopcr
.
35-%
•
Howell
)
111*
100
100
4%9&. preferred
Bendix Aviation
.
■
.;?*5%-,:6.
18
18%
<
i
18V„\ 18%
99-99 i " "
99,
98%
98'%
•
'97
'98
*86k- 88%
: 87%
87%:
*85 •"
87
87M
87'
*93%- 96%
i,/ *93://; 96k"" :
*93
' 95%
"
*93,1
95%
13%
14
f; ,13% rl3%
13%
13%
13%k 14?
13%
14%
ivm ?M:t'
7ft
7%a-r -i7 ; •; 7%?,;7%-;
..." :i■
*7%
>1
75%: 75%.-. ;•
*75%A 77 : - * ' 75% 75% 4
75%
7$%U,.., *74%#76%
■:ii *85>;k#88:: r^...; *85,1 k
88
■
*84 •
88.
*84
88
8888 "
r V 26
k
26%;
4
25%: 25%: 1
25%
25%
25,
26y4
25%
25%
106?"
106
106
106
106
107Va
*106% 108%
108% 108%
*5%c» 6 a. 5%'
5%''' 5^4
'5%
5%
18%
18%*:
17%
18%
" f 17%
17%1
17%
18
"
i8
"18%
?*102 f l02%.
^*101, ,,a02ya.
.-lOSVa 102%.
102%^102%- ™*102%103>
.*24 ,
25%;;-, •
24;^
24k;
*23%
24^" " "23%* 24 ^ ' 4 ^4
24^%
•
i
Bell Sf
.
Sep
9
18% Nov 26
25
:
pfd
—
,
14
.21
No par
BeldirtgLrHeminway,"
Bell. Aircraft Corp
,
,
25%
107.
35%
1
-24%
24%
.--44% "45
45%
45%
Il.>
"16%" 16%
*15l/a
l&3/4
38%'* - -*36 .; ,38% \
*36^ :. 37%
21%'
20%' 21%^, - \21, - 2lV4
53,%-5556% V
56%
56%
111:
*108n" 111" * •
111
111
625/v:,
62%^63;k""
62% 625/a
3l%3»- -31%, 32,%' ./,♦ v>32%., 32%
48VB! k '48%^.48%-'
..•-•48%' 49'
42%:;;... '42
44% i,
.43%:. 44100'A.
*99 " 100 V*.
*99
100%
5%
*5%- 5%
5%
5%
,
i
,
3
48% Oct
-1
In? new
cony
26
36% Apr
25 % Dec
r-5
T_
'
58%
'
*74%
25;
,'
18% "
44. V
*93%
«
34%^
28
-
104%:
19
4
57%
cum
24
10
Beck Shoe.'4%%. preferred^
Beech, Aircraft Cprp
Beechj Creek RRX
Beech-Nut; Packing .Cq
,
,
21%" J.-;: 23V4' 24%
20%
53%
15%>
33%T
.
26%;
-
35" ^
96%
..
21
34%>::35'
191':'10
•
.
;
,
*145 -150,
5p'
*108k
,
97%
151'|...
35'
17%
17; £ 17%
17;
r.17%
? 17 ^ 17%M
,*120^123
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3*>3
; *3^0;k l07
r
13*'; 13%
/
12% 13 k,,
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74%
74%,
;
74 V.
74%;
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;
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u x33::?-: 33%
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23 ^
444
;
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,
57 '
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,
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,
r
123
73%,
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r
..
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-
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12%
v
»
,123/4
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.
35;
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-
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Cigars
10
Sep
10
'
Beatrice Foods Co.#-;
i
*113 ! 123
*113':
123
'" "16%*:ie% :
^16%
16%
17%'
16fcl7%:
17.
17%
22%.
' 22
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v
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103 *
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105*
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27%
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K 27%
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101"" 98
98" ?,
> 97%-;
97%
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32%
33
25% ' * " 25%- 26--.
25%
26'
92%'"
93
i"'94% "
93%* 94'%
17%
;
61%
109t
16% *
57.%'
»
Bavuk
66v>
50
Bath Iron. Works Corp—
23
18% Oct
.12%: Oct $1
100
preferred-^;——
.Barnsdali' Oil
,
106*
.
4% %
:
,19%
61,
:
<
17% Nov 22
,11;- Oct 10
50
;•
Conv, 5%- preferred
Barber Asphalt Corp__l
.Barker Brothers
,^,4
r
5lZ
,24%
109-.
37%
*
-28%
•
*105
ii%;:n% ;
*35
35k
^
'
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r
;*10&-.4 108
*
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5%
34
6*%
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Bangor & Aroobtook^_^>,__'
67%
56
-
13
100
100
,
12%
12% •
*93%i 96%
?
15% .15%.-,.
337/a
34% ' '
28MI
28%:. ;
100
53 I
60
Baldwin Locomotive Worksi
Baltimore & Ohip______
4% preferred
/.
,
,
14%
67%
-"108% 108%
,
150.ya
/-62%
/
*60,
3im' 32 £'*• V k 3l;%
47%- 48%t
477b
41.%
42%;
,
41%
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5%
5%: •> 5%
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34
■
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913/4
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42%'
34
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32 ;
24%
.
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,
If 1*'!
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100 y4;.;
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r.
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32%.
41 y#
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T
v
62
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52
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v.
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22%. 23%
45 ;V >45 r
17-. f. " 17
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|:
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51
.
41%
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21
r,
61
00
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is: 48%
45
£
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39%
39%^
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2
58;^: 58
>
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f
92%
35%
.
21
51
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h"
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21%
102
34%"
'
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,
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22%
23%
39%
:
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1*56% '59
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98
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146
57%
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28
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26:5-,',.
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v
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107%*-108:?;
102
23
29%
69
74
35%
15%
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-
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20%
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47%
97%
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104
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127
r
♦46%
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48%> ;49-}ii
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20%
15% #15%
-19%
20'n
■;
126%
128
,
47
•
*102
19%
14%
4
S per share
t
.
Highest
t ver share
164
Number
THE COMMERCIAL & FINANCIAL
CHRONICLE
STOCK WECORD
Thursday
Dec. lf>
$ per
Dec. 20
ih'ofriI
v
z::i 37%
$pir share
36%
*156
-
157 Va
61
61%
20
*
21 J/4
105 J/j
♦142
-105%
'144
•
-27%
28%
*20% ' 21
20%
20%
•
11%
12%
10% ! 10%
*141% 113
*89
*89*
10%
30%
30%
1-2
-
Hl2y4ll3%'
92
*$%.
12%
12
34
*9% *20%'
;,
12%'
/, 34%'
27%
24% 425
•
<■
34%
;
26%..-27%
:
92
20%
-
33%
19%
'-
*'9% vio%
31 J/a
31%'
'*
.271/2*
-25;V25%
109% 109%
*108% 110'/a*
15%
16
15J/2
15%
*22%
24
*23J/a
.24%
54%
..
.
7
55%
.
.
54% * 55%
:^6%T7
'
7%
12
12%
11%
9
9%
.9 J/4
12
<
9%
6%
7%
42
42
90
921%
30
30 J/a
108%
'
108 7/a:
251%
25%
44
'44%
30'/a
30%
11V4
11%
*88%
92
167/a
1
.17%
*160
180
*160
180
*165
180
*95
105
*95
105
*95
105
112
II01/2
110»/2
lllJ/2
lllJ/2
*110%
"65
*106% i07i%
;*63
*100% .102 J/4
*63
v*1061/2
*63 J/2
65
f
'65
107%
106%
*100%
'
107%
*100% 1021/4
102 J/4
*57%
,;59%
*56%
20%
-
20%
20J/a
21
21
38
39
38 J/4 t'38%
44
" 45
44 J/4
*148%
160
*148%
36
,37 J/2
"43%
'43 J/2
*
*148%
160
*57 J/2
59%
59%
'21%
44%
160
|
#
Range for FreVftraa
Yeat 1945
Friday
lowest
Dec. 20
$ per share
$ per share
142
142
"62%
*900
5
'
62%
-
53%
54%
*100%
102
45%;\i46
34%
18/8
15%
-
14%
i:
100
Deo
50% Deo
«ov
"4-18% Deo
25%
>
Jan
46%
^
Jun
Mar
4% Jan
36* NOV
> 41%-Oct
26
;s 38 /
31
46
46%
46%
-
Mar
46%
22%
22%
23%
3%
.,4
*123% 123%
33%
34
13%
14
27%
27%
28%
28
28 J/4
35%
35 J/4
35'A
34%
34%
6%
6%
6%
26%
6%
27'/a
*106%
107 J/4
33%
27
*34%
-6%
"
-.
26%
27'/a
1061/2
19%
107
20'/a
*14%
f'i^'%
....
19 J/2
34
.
6%
26%
106%
19%
20
27 J/4
106%
<
20%
14%
14%
14'/2
14%
-52
54
55
57
55
56%
16%
I6J/2
16 J/i
16%
16%
17%
28
29
28 J/2 ' 30%
29 J/4
30
18%
19%
19
19%
*111%
112%
111%
111%
46%
:'46%
46%
47%
•
..
.
19.
19
*112 J/4
112%
47
"47 J/2
19 J/a.
39 'A
;
19%
104%
104 J/4
40
106
106
9%
9%
49
49%
10%
10%
41
42
16%
16%
17
17
47
47
14%
14%
*54
54%
16
16%
54%
54 J/4
27%.. 28%
•101'% 1021%
.
.;73J% .73%
189%
189
:8
-
-
.4%
37%
103
•8%
^
.
4%
38%
103
*29%
39'%
footnotes
30
*47'%
For
Deo
109
109
107
,.'3%
4
123% 124
'
J
48%
40%
8% Jan
03% July
37% Jan
100 J%
July
10%
Apr
*6
Jan
8% Jan
89% July
.
46% ^Jun
50% Hot
50;7 Nov
-
*.
21%
f
'
^
28J/4 Jan
15
31
105%
f
18%
'*15%
14
-
&6ot
72 /fNoy
Jan
.
14 J/4 '15%
•
31% Feb
101% Oct
f|
vf
$ per share
1'30.
May
59% Deo
:
Highest
'
" U% Deo
Deo
|
v
3300
:
-
THE COMMERCIAL & ,FINANCIAL
V-':'- :
tj
v>
<">■? %{«\
>•
p
'
•-
•'*
CHRONICLE
Monday,-December
—
-•
•..
fp.
>
^Saturday/'
Monday
Vv/J>ec,Y4>
!'v
>'l per'slvare
„*
' •'
•*:
*1171/2
*907/a- '91%
31%
•91%
34
>< 2iy2
.
91%
34'/a
213/4
175
•
-*165.
37
29%
90%
89
34%
37%
30%
? 89%
431/4
*96
v
-43%
431/4
">99
*96.
35
18
34
20%
*165
36%
20%
167.
90%
Crucible
42%
99
99
.42%
•
:
44%
•1,550/
4,600
.
11
125
*65
*54
k
11%
19 Va
66
68
19%
6
;"
•
*129
19%
65%
6%
67
5%
■
19%
*129 "
135
230
-
-s
,6%
V
19%
135
-
27%
1,200
85
•
45
Sep 11
5% Oct
class. .• A »
V
25% Dec
99% Deo
■
2i; 9
Jan
Mar
% 122% Apr
76% Apr 29
59% Jan
5% Aug
4
34% Feb
145
3
"
5
12% Feb
Oct 29
128
—*JNo par
11
146% Feb
17% Oct, 80
■
7 % pfd____100
Cutler-Hammer Inc
Aug
145% Jan
25% Jan
Mar 25
24% July 8
82% May 16
26
Jan 24
10
Jan
Mar
8
.
106
Oct 25
Jan
87%
25
Jun
Nov 22
60
35%
-16
66
iSep 10
1ft
Dey
106 / Oct
*
8
Jan
Oct 10
103
Jan
106 Vi
.:
9
40% Jan
165
16% Nov 20
•
20%
28% Jan 10
,
;>5fOc|l8:
pa,r
: Cushman's Sons Inc
2,800.
115% July.
-5
Jan
5
'Apr 12
54% Feb 16
9
.Curtiss-Wrlgh|;
,v
4,600
/
29
—No par
Prior, preferred
,
135
23%
(Jo^-.„*^.-.,M^-i30
$7 preferred
^2,300/
193/4
*129
29
Packing
Cunningham Drug Stores Inc__2.50
-Curtis Pub: Co (The)
No par
29,200
*'
28%
27%
r
*120
v
65 /
6
19'/a
19%
♦129
28%
V 60
11%
11%:
133
,*55
11%
125:
v'" .65
;
6%
6
134
28
28%
-
65 :
65
:
19%
*55.
•125,
110% Feb
1 per share
-
v*.
150
10
22
160
preferwdi^----i.»--—-loo
Press/Inc*4^.-i^^--^«.5
Cuneo
•
.1,000
.
Oct
17% Oct
_100
w.«-100
....
preferred
/i;6Q0
18%
*18
c
2
3
Cudahy
1-
"100
100
18%
60
/11%
128
:
-
6%
19%
134
*129
28%
-27% ;
11
126
*
*18
18
>;>57w/
11%
*54
.
130
6%.
134
27%
Xl7%
'
57
>
U%
11%
66%
19%
19i/2
*129
>54.-
.
*125
66%
^ 8 0' >' 6 %' s
*
v
128
-127
671/2
nig// 18%
/
57
'
Wf 11%;
>11%
125
/:
.
10
88% Dec
'
v'18%
,/>54>- 57
Sep
29'% Dec
L--—100
*.
.
v
-42% >3%.
>99 '
99.
■
;.175
*165
103
110
40% Apr 12
.
.
Lowest
$ per ahtire /
:
Oct 9
Sep 19
•
No par
5%
'-
/*
20%'
203A
175
$ per share
25
of Amer
Steel
Previous
Year 1945
"v.t.
Highest
preferred
Cuba RR 8% preferred
Cuban-American Su^ar
900
-.
'
36%
*35
21
*165
...
42
43%
99',
'99,
■
31%,
90%
Lowest
54.20 preferred. ; —i.—liJVo par
/. --$4 2nd preferred
—No par
200;
8,400
•
20%
175
>42%
99
18
♦173/4
23,19
V,
%angc Since'January 1
•'•'>>
Par
320."
1053/4
124
31%
;
-
4.5001 iCrowh,feellerbachC6rp-^J-----_-5
:
'
'
43
1053/4
*122
STOCKS
STOCK
EXCHANGE
NEW YORK
V-
the Week
fit*#?#1
-
32%'
3i»/8
-,
89%
'
21%
*165
175
105%
122%
31%
.*122%
90
.
31%
105%
1
-
f{ V
tperafidre
31%
105%
119
30%
119
30%
36
20%
211/4
x2i%
*165
•105
30
90
30%
Dec. 20
$ per share
t 31%
' r" Safes for
trlday
/.
Thursday
''Dec. 19';;
.
per share
30%
*118
122
30
30% >
105% 1Q5%
122 /
"
.30%
.
'$
tper share
% $0%.
.301/4
30%
105 Va 1051/a''
'
30
>y*I Deo. 17'
share
PRICES
Wednesday
/ /
Dec. 18
/Tuesday<
Deo* 16
',•;>• per
>30% >30% *
*105105%
•:::*il7%;122-: /
\
'#■
'«*t
NEW >YORK STOCK. RECORD,
•
LOW AND HIGH SALE
V
1/
•
2
July 18
May 20
45
{
18% Jan
*18;
Sep
25% Apr
H'ffhest
9 Per
share
30% Deo
112
Nov
124
Nov
52% Nov
111
Nov
o?
De°
Deo
Ti
*150
Sep
No!
51%
102
Nov
56
Deo
24% Oct
154
Oct
75% Oct
®
Nov
30% Oct
125
Oct
37% Deo
■'41
D
'
/*24%
25
25
25
)
92%
20%
19%
19%
18
18%
18%
18 Y\
32%
323/4
*112% 114 ;
20
20%
*112%
*91% .92%
•
'■J
32%
36%
21
19%
353/4
35%::
36%
37%
373/4
383/4
7%
7%
7%
73/8
7%
70
?
21
*17%
18
•20
29
/
25%
'
'
19
16%
20%
21
29%
29
29%
42
19%
53%
*52%
29%
33%
:
16%
163/^
693/4
69%
171%
113.
*33
•17
*
97%
20
-
33%/-
20
*31%
125% :.rr"
*114%
116
16%
16%
16%
30
30
3,800
Devoe &
43%
44
44
1,600
Diamond Match
43%
43%
43%
•19.
19%
21,300
1053/4
32%
51%
52%
52
30% -.30%
.33%
34
16%
17%
72%
3,400
34
16%
Cup
Class
1,800/
3,800
12,700
.
A
Co
Saturday
Monday
Dec. 14
Dec. 16
h
$ per share
*1143/4
S per share
21%
21%
213/4
20%
203/4
20%
'*373/4
38'A
*21%
'lf
;>
1 221
*193
?
52
253/4 f
104
'24
V: 7
56
-
^
563/4
7,13%
%35'/4
v
1,800
325/B
189%
*126
128%
*1143/4 116
*115
17%
Du
115%
17
16
16%
16%
P
3%
3%
17%
183/a
154 (- 154
-*44% '45%
*51
53
,
18%
52
18%
S;72, '
*70
*106%
31
m32
105
104%
71
31%
105
109%
4 2%
57
'
,
100
11%
V
*00
11%
•
108
•19% M9%
32%
,
45%: ■-/
52%
18%
72%
108
30%
110
*381/2
11%
*
40
>59
^
40
';
•'
.7%
36%
9,200
900
3%
3%
17%
3%
18%
36%
18%
6,100
23,500
158
600
1,500
2,000
48
53%
54
•13%
13
18 %"
18%
133/a
13%
19%
18%
183/a
18%
71%
70
70
108
303/4
108
30s/8
105
110
'
-
.
*107
32,
12%
,.11%'
55%
•
11%
23%
40%
?
„
24%
393/4
54%
"
-
-
—
7%
'
23%
^40'- ^
7%
32
19,200
380
IP/4
1093/4
11%
55
27
12
,
>
$6
v
El
preferred
Storage
Paso
Battery
Natural
Erie
RR
Office
133/a Oct
40
RR
3,100
25 Ya
8,800
Eversharp Inc
2,400
400
•Ex-Cell-O Corp
Exchange Buffet
Deo
30% Deo
34% Deo
192% Oct
129
Feb
117
liar
"
Oct
Oct
par
104
Sep
109% Dec
Aug
112
8% May
.
.42%
14
24% Deo
4% Aug
3%
109:
Jan
Deo
146
Deo
43% Aug
34% Mar
21% Aug
•
2-
55% Nov
29% Jan
48%
Oct
20% Mar
27% Deo
*62
8l"
111
24
103
Sep
41% Apr
9
106% Jan 15
16
Jan
100%
Jan
110
100%
Sep
8
101
111% Mar 6
53/4 Jan 30
1
Mar
Sep
"May
12%
Deo
107% Dec
37
Deo
106
July
July
108
July
109
4Vt Nov
20%
Jun
10
23 Va Jan
10
93
Jan 17
68% Jan
86
Deo
Oct 80
95
Jan 29
88
Jan
92
Nov
14
>11%
Jan
20Va
333/4 Apr 16
583/4 Apr 26
63% Jan 15
15%
Jan
28%
Deo
Deo
48
10
Oct 10
15% Oct 10
21% Nov 23
—3
343/4 Oct 30
7
7%~~Deo
19% Deo
Jan
103
18
9
2.50
Deo
158
3
Oct
.
.
Jan
'
Oct
9% Oct
Deo
Jan
-
71
Sep
2% Jun 28
Deo
13
Jan
21
Mar
66% Oct
106
104
—1
"
Jun
Jan
10
90
—5
Deo
200
Oct
100% Sep 12
102
Sep 20
104% Dec
5
35% NOV
229
Jan
.
49
43% Mar 29
21% Oct 17
102% May 28
Jan
21% Deo
July
185
63
—5
Co~rp_~~
30% Feb
$ per share
24
61% Jun 25
NOV 22
-50
__
170
July 10
56 Va Jun
-17% Dec 16
-100
Eureka Williams
Corp
Evans Products Co
167
8
jan
Jim
7 % Jan 24
113/4 Nov 2217
J13:/
29% May 28
180% May
2
Sep 24
Sep 20
128
t per share
Feb 25 :
48 3/4 Jan
9
61
19
—4
II
Co
113
r
16s% Jan 28
80% Feb
5
353/4 Apr
5
44% Sep 20
par
no par
common
Pitts
343/8 Oct
Novar
"~~No
BldgZIIIjVo
pref series A
&
;
138
par
tEquitable
Oct
33% Jun
; /Year 1945
Lowest
Highest
-
Aug
2v
27% Dec 20
114
6% NOV 26
3
_
'
No par
Gas
preferred
Deo
115
125% Jan
112
8
50% Oct 10
12% Dec 13
3% Deo
<
4 % preferred
-IZIZI"".100
Engineers Public Service com
$5 preferred
j\i0 par
-uv. $5% preferred
~ No
Erie
Oct 24
17% Oct
""3
50
•> 5 %
101
_
No par
Oct 10
106% NOV 21
1
Emerson Radio & Phonograph""—5
Empire District Elec Co
»-10
Endicott Johnson Corp
1,900
25
5
Emerson Electric Mfg Co
$6
200% Oct 10
190
Nov 22
39 /Oct
9
No par
No par
Electric
Deo
113
5
30% May 22
31% May 16
61 v Jun-10
.263
Apr 24
209
Aug 28
71
Feb
2
403/8 May 22
,
100
$7 preferred
Jan
Oct
Nov
May 21
t per share
Sep ":i"
16% Nov 21
SOVtJan
2
Zl
H"~100
Elec & Mus Ind Am shares
Electric Power & Light
3,100
1,400'
4
com
Electric Auto-Lite (The)
Electric Boat common
Conv preferred
73/4
,
42";'
IftQ
preferred
42%
24%
*7
s
8,100
20
-
Co
Stroes Inc
Mar
155
./Highest
.19
5
No par
:
Dec
20% Aug
July/3
21
Apr
111%
13
116% Feb
8 per ihare
__i
Co
12%
20%
20%
:
k
2%
94
_io
Corp
4%%-'preferred
y Elastic' Stop Nut Co
12 ya
55%
:
11%
25
920
par
Ekco Products Co
"
55%
*90 >
20 y4
7%
20
900
2 5/a
42
-
.
109%
90% ( 90%
11%
113/4
20
108%
31%
2%
•'
200
104% 104%
IO93/0 110
110
2%
8,000
"1,900
,
104% 104%
109% 109%
2%
8,800
193/8
18
*71
71
*7 ■■
13%
.195/4
18%
108
100
54%
Bros
> 4Y\%
2,800
47% -47%
52%
19%
s
c
145%
54
,-v
71/4
mi
2,400
5,600
157
X18%
25"'v
41 ' '
m
:
145%
11%
19%
243/4
•*
••
7:v;.
.'59%
46%
*90
11%
00V
145%
110%
.
10
145
2%
Jun
Jan
Mar
122% Jan
110% Jan
Apr 12
Range Since January 1
•-
6% cum Preferred
Eaton Manufacturing
Edison
100
',13%
'•
>:
9,100
db-
1431/2
11%
56%
19
25%
^*39%-
37
3,300
1,900
nm
.
17s/8
110
100
11%
193/4
'P; 25 y»
>0
..
,T7
t
Eastman Kodak
40
157
110
'•>"
29%
29%
100%
167%
Jw
65
7
133
Lowest
;-Picher Co_„
Eastern Airlines Inc
Eastern Stainless Steel
1,600 :
157
110%
•,
12.1/4
56
•90
11%
iV7%
jr.,
6%
v-7.%58 - .59.
12%
13%
>>" •';
5,300
25,300
1,200
26%
27%
*109% HOv
.
'
2%
Deo
Deo
56
Range for Previous
STOCK
EXCHANGE
Sharee
103%, 103%
26%
,110
*35%X31/2
the Week
154%
30%
50
'22%
41% May 10
583% May 28
3
NEW YORK
Jun
227
7
20
25%
45%
104 5/8
124
Dec
53
523/4
17%
18%
.71
*106%
'
25% "*251/2
,
■
r
110
2%
'
;.
U
104
>
45
105
-109% 110%
/
35
No par
Sales for
52%
-
313/a
104 3/8
'
13
•:'•
17%
...
...
3% Q 35/a
17%
171/8
143%
■
100
19%
.
145
•106%
105
11%
'
L
153
17%
-18%
*71- -
^25%
-
■
17%
>
;
121/4
'
•
J8
*90
.
1093/4 1093/4
1093/4 1093/4
2%:
2%
12 *••'
12%
57 ■• '
;!?&•: 56 /
110
2%
.-'12
V
110
*109%
•
17%
18%
107
3%
104
r
HO ?;•/,. *108
,351/4
V13'\: 13%
13%
*18.
107
105%
ife-.
■
20-
Oct 30
13% Sep
193
25%
1533/4
*-•45%
52%
*190
251/4
17%
*143%
-
45%
13%
17%
^
173/4
*69
513/4
-
"
\
145
„
|l3%
12%
173/4
35%
,
193
25
f -7; X5fc
-116
23
161
112% Oct
230
25%
1533/4
/
193
253/a
Oct
NOV
20
I5
22%
229
53
/:V, 7
13%
31/2
183/a
229
52 3/8
25
15
25.
..1
No par
6
Jun 27
33% Jan 17
Oct 14 i
1st pfd—100
38% ,.39
51%
*108
'
56%
3%
1551/4
>143
"'44%
: 145%
p
351/4
226
:
52
*102%
7
55%
12%
•';•
3%
-
*
25
192
& Co
$4.50
v
118
—
(EI)
Mar
.
Mar 19
108% Mar 25
9
DWG Cigar Corp
,,22%
,•"'. 203/4
251/4
,
; 110
6%
36
^
'
22
213/a
38%
513/4
i
26
11
preferred
Duquesne Light 5%
S per share
22%
20
38
195
243/4
13%
17%
354 '•
p
195
25%
:*108
563%
353/4
/■
196
103% 1031/a
13
>
226.
25
105%
22%
'
*224
52 3%
143% Feb
181
Deo
109
18
.Apr 24
29% Feb
3
15% Oct
35
Jan
17% Mar
47
Mar
105
37% May 31
1113/4 Oct
I6Y4 Dec
800
Dec. 20
$ per share
37
224
>193 >
51%
253/4
56
■
13%
36
*143
•
.
A
preferred—
International
de Nemours
48
63% NOV 22
200
Friday
Dec. 19
20%
X37
common
series
14
STOCKS
Thursday
21%
19%
;
Co
preferred
Duplan Corp
4,200
*125%; 127%
•
300
191
—
25%
62% Jun 10
X23% Sep 10
100
Chemical
52
16
No par
19%
21%
20%
38%
223%
•■•-
196
•
'
19%
24%
25%
110
110
1
6%.
•
110
7
213/4
38
.
523/4
*103%
"
24%
*108
■
-25%
i'
104
224
>193
S
51%
253/4
■i
:224
:.
196
.
203/4
383/4
221
51%
22%
48% Sep
...
19%
; per share
<
28% Nov 27
25% Nov 22
•
ft
July 10
109% Feb
5
1043/4 Nov 27
'
Aug 13
30
No par
No par
No par
•>T9f .;
Dec. 18
S per share
Corp/
conv
Wednesday
Dec. 17
No par
5
33/4%
Dunhill
116
^
16
Tuesday
.No par
No par
Mines Ltd
LOW AND HIGH SALE PRICES
:
common
300
*32
8f
Jan
97%
33 -
75
16 % Jan
>95%
190
Jan
40%
Sep 23
16% Oct 10
14% Nov 26 $
.98-,
a*
67
2
34% Jan
42
2
50c
32%
25
19% Dec
77 •
9
2
Industries
187
Feb
25% Di
29% Deo
Dresser
32%
Jan
45% Nov
48
Nov
100
187
10
57%
16% Jii
21
Deo
9,700
<
•
Oct
7% Mar
Apr 17
Aug
213/4
Xl85/a
28
38
112%
19%
16y«Jan 16
10
60% Apr 4
50
Aug 26
20%
*96
10
Oct
47% Mt
40% Di
39%May
*111%
$4
34% Aug
34% Jan
34% Oct
—100
Douglas Aircraft
Dow
39% Mar
50% Jan 29
60
25
—,
Doehler-Jarvis
2,600
3
42% July 26
23% Sep 24
new—
Dr. Pepper Co—-——
Dome
58% Jun
;
24
112%
21%
20%
180
2"
24
15% Oct 30
112%
20%
98
71%
176
Deo
16% Dec 17
177
713/4
114
Sep
34% Apr 20
22% Dec 10
63/fe Oct
—.—No par
—
preferred
Dixie
300
.
33
33%
17%
1,700
52
31%
Deo
12.50
Raynolds class A
Corp-Seagr's Ltd
5%
33
32%
Distil
Deo
28
108%
7
..
28
I6V1 Jan
1
6% partic preferred
Diamond T Motor Car Co
2,500
17%
*104§i
1053/4'
-
3,000
19%
17%
17%
Jan
27% Deo
5
303/a
*32
125% 1251/4
v
16%
Corp
113
185
116
*114%
*
,
.
Steel
De Vilbiss Co
'
71
■*
*313/4
33%
186%
125%
Detroit
400
July 15
23
Detroit Hillsdale & S W RR Co—100
1,000'
113
33% Oct 31
25 Y* Sep
50
176
19%
186
20
17%
22%
,.
22
31% Dec
—20
—j—
Nov
>
May 13
31% May 23
36%July 31
6
17
—100
Delaware Lack & Western
29
1644 Nov 25
71%
20
*96
125
*124%
116
17
M 97%
63
17%
..*104 Si
163/4
*111%
.
203/4
187,%
185%
126%
*114%
981
20, * \^0
188
186%
20%
/
*60
*21%
110 Ya Jun
-
Detroit Edison
Sep 23
50c
1751/a
70%
*174
113
*111%
3,900
17%
19
331/4
165/a
70%
1723/4
21%
*96
,
,
*124%
113
20%
16%
70%
172%
11,100
26%
21%
163/4
,.30%
33
73/4
263/s
7%.
.
28
50c
Co__
new
Delaware & Hudson
43
54
30
4,200
7%
Mfg
43
,
32
*52%
33
16%
71%
172% '
♦111%
213/a
20%
.,96. ; W96
19% A 20 V:
33%
*32%
52%
1,800:
383%
Ruber
Decca Records Inc
•
34
Nov 22
16% Nov 19,
1 Oft.
.
98% Nov 15
17/:
i Deere & Co: ■.„•/•—'v; ^...'..—...-170
par
Preferred
__20
29%
..
1053/4
32
30
32%
,
*1041!
•;
323/4
36
.63
17%
j
Dayton
7,500
15,000
.
18
Sep - 4
91% Dec 17
__
'4%% .preferred
3,700
38.,
26%
18%
163/4
105%
52%
S
16%
70%
171%
*111%
,18%
30
33
169%
29.y4
18%'
•/;
?17%
.
/
35%.
17%
43%
32
'
.
193/4 .20%
21%
28%
"
„
21%
43%
29%
33
*21
43 1
*1043!
54,"
*29%
32%
163/4
: /■
,42%
32%
20%
20 3/8
,
20
38%
26
43%
18%
105%
32%
29%
17%
16%
;
37s/8V" 38%
7% •:
*60
43
f
,
f
36 '
,
38
25%
*42
18
*1043!
& 32% '32%.
16%
*
115
——
Davison Chemical Corp (The)
1
Dayton Power & Light Co (The)—7
6,700
-
37%
*353/8
,62
163/4
*42%
18%
105%
.
43
17%
;
i
42%
43
r
18
52
25%
X62
17%
20
„
'
26
-29%
P
177/a
;
68
,
20%
p43 •',<•
*1043!
*64
.
17%
42
43
70
20%
•
29
42
...
35%
353/4
25%
25%.
*64
'
*35
3,000
•
'
38%
.
20%
19%
35%
35%
25%
'
193/4
.
193/4
36 3/4
*
300
34%
•112%
.
260
19%'
-18%
34%
115
*113%
20%
19%
19%
"18
•■■
7%
8 :
25%
20%
36%
36y8
193/4
Dana..
Corp
1
% Cum pfd 3 3A % series Ai*—..100!
Davega' Storesj/Obrp N Y
5'
2,300
'
•''
36%
35
*64'
20% '
20%
26%
263/4
>92% ^93
-173/4 .18
<
34%
.
112%
112%
193/4
•92%
*19
325/a
114
26%
*91%
.
193/4
36%
*34%
37%. 377/a
7%
92
17% *18.
,,133
,18%
33%
~
37%
253/4
25%,.
*91%
*19
;
.
'
*112%
'
3o
91%
32%
20%
253/a
19% >
18
:
33%
19%
203/4
25%
-
91%
19%
114
20%
20%
,35%
.
*25
,
*20
«r; 92
Oct
22% Jan
10
11% Jun
28 V
Jan
42% Jan
62% Nov
Jan
9% DM
6
3
P.-'
•54
56
24%
53%
V/a
'
|#|23%-
•
105%
105.
•106
;
*22
,
*55%
4
41%
42%
12%
24%
23%
*102%
:
12%
26
106'.:
'
106
*213/4
55%
22
107
€0
;
42
42%
,
.
*106
553/4
60
18%
107%
*106 y8
107%
*io6ya
y /,, *35%
37%
17 V
37%
'
16%
•-167/8
*223/4
23
-
15
% • -14.%
85
-
'.48,.
:
t
48%
''
14%
85%
26,:
PS 84%
/.itU
253/4
26
""27% | 27%
23
^
14
*253/4
'
...
16%
"
22%
15%
,
p.'85ir
253/4
*
'*2534
16%
%
15%
18
34%
■
14%
14%
14%
*83 %
253/4
'
x22
V
■% I "
-
'
25li
28 T"
48%
59
26%
105%
42%
42%
12%
12%,!
24
22
43%
*
24%
55%
107%
37%
58%
*106%
•37
16%
23
16%
15
107%
38 Vi
,^4:25%
w
$6%
48%
2
b
^mckZZZZZZjfovar
Federated Dept Stores com
4%% conv preferredFerro Enamel
Corp
21% Sep 24
73/4 Dec
3
20
Sep/ 4
„
•
"inn
,
Fidel Phen Fire
Ins~N yIH
Ze,/ ^ne Tlre & Rubber
Tn
25
35
Oct
26
Feb
26
Sep 24
19% Sep 24
49
Oct
11,100
17%
300
5,600
Florence
Florida
Stove
16%
3,100
143/4
85%
253/4/
8,400
Food
86%
2,900
Food. Machinery
253/4
28
26%
26%
600
3,600
180
II
Co
71/
Tnev.No
Corp
Fair
Stores
6%
par
ja
No'vlr
'
18
prior preferred
27
1,600
48%,
Francisco Sugar Co
1,800
Freeport Sulphur
,
'
InSlII
Corp
Foster-Wheeler Corp
V
Nonar
Co^.-
Nov 21
.ZZ~~N~oinr
PJJ
Feb
-
Feb
7
7
83% Apr
6
109% Jan 17
70%, May 29
28% July
46% Jun
7t
Sep 10
19% Nov 22
25% Sep 11
203^ Sep
20
45%Sep
3
9%
103
18
Jan
Jan
Jan
Jan
53% Mar
105%
5
18
Apr 18
20% Jun 7.
29
•Jun 20
2iviFeb 16
ft
23% May
July1
Deo
"<j%
Mar
59% A«g
25.; Jan
29
Feb
9
35% Jan 28
14
Apr
61
84
Jan
3
25
Jan
Oct
18% Deo
13% Deo
'
—
Oct
111% Nov
53
Jan
16%
Apr 16
49% Jan 17
100 '
Jun
60
38% Deo
23% Jan
41
Deo
107% Apr
34% Nov
63% Deo
70% Nov
110% Mar
Apr
42% Jan
107
110% Oct
427/s Dec
32% Nov
23% Jan
1
57
10
,
50.
115
12%Oct
Jan
Mar
25% Jan
21% July
33% Oct 11
163/^ Sep 11
20 Va Oct 10
yllVi Jan 2
17
104
70
105% Dec 10
6
20% Deo
26 Vi Dec
•34% Mar 29
25% Oct 30
105
Sep 23
Power
Corp
Florsbeim Shoe class
Follansbee steel
24%
108
29
Nov 22
51
5
86% Nov
34% Aug 13
104
16
""Ton
213/4 Jun
Nov 22
65
Jan
12% Mar
7
433/4 Dec 20
10% Oct 10
21
Nov
preferred
543/4 Feb
Nov
42% Jan
25%
88
May 21
86%Feb: 5
19% Jan
9
263/e Jah 10
112% Feb 13
9
52
4ya%
700
.
100% Sep 17
Co
Federal-Mogul Corp
Federal Motor
47% Nov 25
300
39
17
••21-,
48%
Federal Min & Smelt
107%
15"
:,85
PM
3,500
35%
15%
%
28
& Co^___
No var
Pajardo Bug Co of Pr Rko
Farnsworth Televis'n &
Rad Coro l
Federal Light &
Traction15
57%
19%
34%
14%
14%
84%
t Fairbanks Morse
108%
18%
15%
1,500
1,100
7,500
58%
•
21
140
233/4
56%
34%
10,300
700
55
55%
107%
573%
18%
18%
1,
Ail
22
1,900
105%
243/4
54%
1,200
43%
12%;
105%
107 5/a
•
1,800
105%
42%
*105%
12,800
24%
24
1,900
5,900
8%
8%
42
343/4,::
26
48%
55%,25%
,
*102%
.
•
'
27%
v
24
•
,
34%
37
105%
.
18;-
,
-
•
34%
1 *35%
24
12%
12%
'.i£r
24%
-105% 105%
22 %
,
22%
V
55
55%
55
"54%
:>105% 1073/a
58%
58%
173/4
;
77/a
-
:
107 *
*57%
25%
8
42%:
'33%
.
55
25
'
'
'17
'33
,
w-:
>42% ;43//-:/-
y
55%
.55%
»
107
*57%
42
"
>
55%
"•
233/4
*
..
;;
55%
54%
*106%
*23%
■
% 22%
24%
7%
8
>102% 105%
:
%^*41M ./42v
*42%
42% :C
^>12%' ? 12%
;M 25% •25%
>)
:•/: 54 "•
243/4
7%
'=:
233/4
*102%
55%
245/a
243/4
73/4 ;i
80%
44% Dec
43% DM
07
Dec
W N0T
j-,,
.
^
v,
,.r
»•
T.
i
ff"
T
-•'»? •1
1
•
vf;.
? ■>'■ t-t
,.
j;„ u- vr
«y7
C0MMEEC]^^ri||AllC!l2^iEH^dlJlCiB
STOCKtRECORD
>
Saturday
flee. 14
f per
Thursday
Dec. 10.
I per share
share
'17
'
34
'34%
.00
17
17%
37%
35%
ioo
100
100
Friday
16
.
17 %
37%
STOCKS
Range for previous
:. •
Banre Since January 1
Lowest
Highest;
NEW YORK STOCK
EXCHANGE""
'
•;
Shares
:
i.•
'
,«
.
•
J per share
Par
Nov 26
Froedert Grain & Malting Co Inc-1
260
IK
Frueliauf Trailer Co common—,1
1.300
7,200
100%
37%
§%HV:
the Week
-
tper share
*100
'
Sales for
Dec. 20
28% Nov 22
99
Sep 23
4%
100
preferred.—.:
cum
Year 1945
Lowest
$ per share
'«
....
Highest
■
$ per share
$ per share
27% May 13
48
Jun 18
112
July
1
7%
21
7%
*20%
.9%:. 9%
7
*18
,18%
8%'
r
9
•
38%
:39%
16%
17'
17%
16%
52%
52
12
11%
*11%
14%
15%
12%
76%'
12%;'
76%
43
43
29
•
ii|v 29
■
:: 14%
163
'
37%
44%
44%
*127-
11%
76%
X43
43
29%
163
28%
*159
11%
172
15%
12%
16%
13'/a
*76
44
28%
77%
44%
29
165
29%
*159
165
36%
x35%
36%
44%
43%
44%
50
44%
50
45%
50
50
*127
49%
50
129
116
116
>116
52%
12%
X76%
43%
12%
15
52%
*168
15%
12%
.
14%
110
44%
"129
*114
52
36%
50%
50%
14%
*107%
172
77
76%
42%
*28%
*158
*168
14%
.f 12%
>
'
36%
*158
12%
172
*168
172
*168
.'
X14
14%
*105% 109
51%
51%
*11%
12
107
*104
'
53%
51%
127%
*114
52%
51%
127%
127%
117
*114
53
125%
125%
125%
101%
*124% 125%
36%
102
125%
127%
117
53%
101% 101%
36%
54%
126
126%
101%
101%
17%
17%
17%
17%
17%
17%
18
23%
23%
23%
23
23%
23
Dec
7%
Dec
4«%
Deo
4%
4
4%
4%
15%
16%
15%
16
16
16 %
27%
28%
27%
29
28%
28%
*138
4%
*138
,141
141
"
5%
:
33 .'/<
,
5%
25%
33
.|;-.v
36%
.106%
33%
98
32%
119
34
27%
*104
32%
32
44%
46%
103%
41%
63
104%
i-
54%
;•
62%
533/4
106
105%
23
23
55
*106
106
23
22 3%
6
5%
6
6%
6%
*41% .42%
*41%
13%
13%
32%
32%
*102% 103
123/4
6%
*41
42
13%
13%
25%
Feb
July
102 i
67
104%
Apr
July
48;
55%
107% May
12% Mar
107
23%
5%
53/4
f?49%
50%
22%
23
159%
er
*158
is
*62%
73
74%
38%
38%
27%
27
7%
Nov
21%
33%
Deo
Dec
Dec
Jan
27%.
>
5% Mar
12
OCt
91
58
44%
Jail
49% Jan
Dec. 14
I per share
9 per
share
Tuesday
,
,
Dec. 17
t per share
/
SALE PRICES
Wednesday
Dec. 18
$ per share
Thursday
Dec. 19
$ per share
Friday
Dec. 20
t per share
17
17%
103%
*107
23%
*153
37%
;
*
16%-
EXCHANGE
*103
106
*103
106
*107
108%
*107
108%
*107
23%
*23
233%
12% 'Dec
iOO;
30% Jun
Dec
i
82-
Jun
160
*153
:
X23%
160
38
*37%
37%
18%
*58
9%
100%
*99%
83/4
8%
6%
6%
6%
63/8
33%
323/4
31
323/4
30%
30
103
103
*101.
104%
43%
*103% 104%
68
172
r.
23
23
29%
*131%
128
29%
29
30%
30%
18
20%
23%
23%
36
17%
50%
50%
*30%
31
101% 101%
*92%
93%
18%
19
26%
26%
34%
35
5%
42%
"
59
133%
*153
108%
233/4
*99%
53%
13
43%
Hart,
40
9%
6%
5
29%
*103
30
17%
583/4
19%
60
*79
83
130
130
24%
*303/s
*27
30
*18%
25
313/4
27%
30%
21%
23
23%
35%
36%
18%
*50
51
32
32
*102
*91
18%
103%
92%
19%
26
26
33%
34%
5%.
*113/4
43%
5%
13
44
—
preferred
J)
(H
cum
Co
preferred—
100
25
.—100
92% Nov
Helme
64%
132
Co
3% %
7%
172
132
Mfg
3.65%
104%
*165
1
2
Heinz
423/4
64
100
10
—1
100
25
15
Hecht
103;
423/4
Schaffner & Marx
Corp—--
Hayes
33%
*101
preferred—i,,—
Hazel-Atlas Glass Co
6%
33%
Highest
$ per share
conv
A
4% % preferred (modified)
Hayes Industries Inc
100%
83/4
share
Previous
1945
—No par
Hat Corp of Amer class
9%
*9
4%
6%
160
39%
17%
/ -37
17%
*12
18%
173/4
*58
82
127
172
*165
18%
82
67
*65
58%
♦131% 133%
*26
100%
83/4
6%
*8%
43%
*165
83/4
,8%
*32%
*63%
38%
*99%
.
160
373/4
83/4
6%
*103
*153
8 per
01% D*t
preferred—;
100
Hanna (M A) Co $4.25 pfd—No par
Harbison-Walk Refrac
No par
!
108
23
9
*30%
106
104
8%
r
108% Mar
55% pec
25
Water
Printing Co
(WF)
Hamilton Watch Co
108%
23%
*8% V 9%
*99% 100%
*101
Hall
$ per share
Lowest
Highest
9 per share
Par
Year
Since January t.
Lowest
Shares
183/a
*36%
Range
NEW YORK STOCK
373/4
16%
18
38
,17
17%
'
Sales for
the Week
Hackensack
*36%
;
Range for
STnnKH
Monday/
Dec. 16
Oct
DSC
Deo
X35
14% Mar
14%
LOW AND HIGH
Saturday
86 7
<
'8%
44 %
•:
May
175;
76
•
28% Jan
13%
x91
.
109% NO?
21% Deo
65% NOV
39% NOV
104% Jail
38%
27
8%
■L
Aug
•
64
103%
8%
8%
Nov
Deo
33%
52% Jan
22% Jan
75%
103%
.
"2% Aug
Jan
28%. Jan
161%Mar
67
38
*102% 103%
19
Jan
Sep
14% Jan
23
-
115
Jan
46
159
:*62%
74%"
.
Jan
105
493/8
223/4
159
74%
25% Sep
14%
14%
48%
.
Jan
Nov
Oct
105% Mar
63% Oct
40
14%
103
14%
165%
4%
•
--In 14% f 14%
Dec
Oct
May
7% Oct
18%
6%
42
33
323/4
103
39
67
147% July
121%
5%
5%
6%-
*
64%
*103
104%
Jan
3% Jan
52%
53
543/4
22%
5% '
5%
121%
Sep
96
31
106
*6%
Deo
25% Jan
453/a
57
*54
6%
62
102%
45%
*102% 104%
55%
Dec
105% Deo
43%
*102
123
31
31%
43
54
6%
63%
*102
Dec
26%
303/4
433/a
*51%
*118%
31%
31%
Mar
*105% 107
451/4
43 %
6%
124
Dec
38%
111%
102
102
54
6%
34%
46
107 %
*119
NOV
111
323/4
*105
-
Deo
44%
98
105%
43%
Deo
31
133%
107 %
*96
32%
43%
*51%
26%
32%
36%
*106%
:
Dec
34
27%
105%
*102
6%
119%
33%
Oct
Deo
8%
108%
36%
36%
106%
*96
25%
116%
;27%
108%
*104
5%
33%
115
115
34
33%
27
5%
25%
33%
114
,
6%
25%
> ;
24%
140
141
*138
'
•
Dec
38%
23%
4
23
18%
23
5,900
1,700
20
200
210
1,300
300
400
1,000
1,500
1,400
8,700
6,700
100
1,300
50
800
10,900
800
4,900
8,200
100
5,800
(G
W)
preferred
non-cum
Hercules
Hercules
Hires
Co
Co
The(Del) new
Sons (A)
Juiy
90
—100
No par
Inc
(C E)
138
No par
Powder.,
5% preferred
Hershey Chocolate
$4 conv preferred—
Hlnde & Dauch Paper
Aug
39% Dec
189
-No par
Motors——
Hewitt-Robins
25
100
Nov
138
32
No par
5
10
Deo
Dec
33% NOV
32% Deo
1
5
Hollander &
5
Holly Sugar Corp,——No par
Homestake
Mining
12.50
Holland Furnace
26% NOV
35
NO?
60% Jun
25% Dec
63
No?
com——-No par
preferred—
50
Household Finance com——No par
109% July
preferred——————100
87% Nc*
Power Co—No par
23% Deo
Houdaille-Hershey
29% Deo
$2.25
3%%
Houston Light &
Houston Oil of Texas V
Howard Stores Corp
Howe Sound Co
Hudson St Manhattan
5%
t 0—25
——1
5
54"",
23% Jun
preferred,;
-100
& Sm Ltd,—No par
36%
non-cum
Hud Bay Min
Deo
8% Deo
:—100
.
..
Deo
THE COMMERCIAL & FINANCIAL CHRONICLE
Monday, Decembi
i!111
.
NEW YORK STOCK RECORD
LOW AND HIGH SALE
PRICES
Saturday
JDee.U
Monday
$ per share
4 per.share
.
15%
Dec. 16
16
31%
16%
32
6%
•
pefsharty'
15% Vl6%
31%
6%
6%
De(?.170^^
33%
16%
31%
Tuesday
■
6%
_
Wednesday
.
Dec. 18
&
32%
6%
6%
32%
6%
•
6%
16
32%
"
$ per share '
NEW YORK
the Week
$ per share,
17%
"17%
32%
32%
4,300
Hunt
6%
6%
8,900
Hupp Corp
6%.
Hudson
24,600
25% Oct
Inc.—
Power
Co.:
6.% .preferred
*W:-S
17%
94 j
18%
.
9%
29%
12%
*124
•'
130
182%
•39%.:, 39%
7%
38%
16%
40%
40%
•*7%
16%
♦107
41
107%
:——
.
7%
*208%
v 75:'"
:: 9%
*90%
i
it:'
32%
.,52%
*12%
13
*108
if -,*55%
,v
I
,
42-t
42.
$ *141%
108%
110
54
55%
38%
38%
44%
Salt
International Shoe
27%
; 27%
21 %
'
17
26%
17
■
*21%
9
•
9%
101%
*100%
?
*47% .'49 f
*107% 119
f
I
131;
*119 ;
i
*56 i
*111
132
125
58%
112%
&
*132
9%
ioi %
49
10%
10%
10%
10%
101 %
101 'A
101%
101%
-49
50
*107% 110
50
*107%
110
>
34 %
133
*120
133
,
133
125
123%
-
.
il,
i
42
*121
r 59
112%
*132
152
34
t
*99%
261
*132
34%
r
26
-
34%
101 Va
25
59
111%
-
100%
101
•
126%
*56
*111
11%
—101%
-,-50
*107% HQ
132% 334%
125 i
59
35
*25%
50
1133
*121
%
*100% 101%
k
10%,-11%
101
50-
109
...
133
10%
101%
:
109,
s
133'
125
:
50
160
j
t
.
49%
21%
*115%
i, 26
{
11%
101
134
;
*121
59
59
11% Feb
5
14
101JA Sep
129
:
Aug 14
9
1
70% July 19
42 %
Jan
Feb
-
19% Jan
t
~9%
.
Mar
79
-
Mar
•
4lVMuly
39!
tfeb
49.7/8 Jan 30
60% Aug
4
1
Aug 13
par
a4%.Nov 22'
31% Feb
par
14% Nov 22
31% Feb
i
2
2
24% Dec
No par
I
i
6
55.% Dec 20
B97/a Nov 22
37% NOV
5%
28% Jan
26.% May
125. V July
18
10
Oct
-
Feb
75% Jan
i
.
113
11
52% Sep
36
3
Aug 27
148 '
19
95% Oct
Jun
Jan
2% Jan
17
Jan
5
42% Feb
25
;
;
6
20% Dec
141
.1
pfd-:—100
100
56?/; Apr
4 i'
34% July 3
50 : Aug
1 r
163;
Jun 28
4.
39% Dec
1
112%
*132
152
100%
"
35%
.
10
26%
.
18
Dec
*100% 101%'
24%
10
Dec
13.
100
6
Oct
30.
111
Sep
11
44
100
1
-
.Oct
9
i
'109
140
31% Nov 22:
99
Sep
9
<.
63
May31 '
115% Feb 15'
159V Feb 25 '•
Mar 20
53% Feb
31 *
4
108
May 31
Aug
Jan
Aug
45
Kalamazoo Stove '& Furn
•_
Kan City p & L pf ser B
—j
I
35" \.
i
18%. Oct
45
$5
prinr preferred
Kow>ers Co Inc..
..
.
50%
Cum pfd 4%
,
122% Jan
: 19% Jan
67; V Jun
7
t.
'
21'A NOV 22.,
15% Feb 2)5.
82: < Dec
97"
33
.
Dec
20
i Jan
pi-jK
18% Jan
"54
.
Jun
3
-
>
100<.
Aug
5
Jun
3
10IV
Sep 30
45.% May 3
-
Jan
35% Jan
:46
Nov. 22.
43 V;Sep; 10
43% Oct 10
■
*
*
34
-
Jan
13
29
>
9,
117 3
60% Apr 30 k
55 V May 27 ?•
30% Aug 23 :
26%, Oct 30
?.
series—:.
Jan
4
34% Jan 29
;30: V Jan
9
v
.
_______j
10
26% Feb
Sep la
Dec
19% Sep 19
11% Nov 25
20 4
-
11
Jp|
Jan
72% May
28
All*
(.
>
26
s-
Mar
62 y2 May 17
35% July
65% May 22
>1
37
;
Jan
LOW AND HIGH SALE
PRICES
Monday
Doe. 16
9 per share
Tuesdays - y
Wednesday
5
«^VJ0fc<p.YT-1-:« Dec/lS :
Thqcadax
u
t per share'.
I j^r sharf
**> •»
6%J
Deo. 19
9 per share
f
Friday
Dec. 20
Raiea fo*
,
< per share
STOCKSr
NEW YORK STOCK
the Week
.EXCHANGE
si
"
Range Since January 1
j
Lowest
v.
.6
v.
.
Shares
$ per share
Highest
:
$ per share
Range for Previous
TV Year 1945
Lowosl
s
9 per share
6%
53%
U%
*41
7%
2%
♦25%; 49%
19%
iay4
!•
50v
I
uy8.111%
2% '
'•
153%
*49%
11%
40%
m
|
i
.i
(V 42%f
7%
•>
2%;
*28 il
7%
,..
2%. i
49%
iftya
19 y«
f
*7%
j
46%
46%
I
.24%
>24%
?4%
24%
23%
24%; :25
f
'
-
7%
53
,
J
'
32 y8
23%
>10%f
10%>
31% :31% i
93 Va :
*96
fa
41
39%
47 0
46%
46%
521$
26%
46%;
*26
i.
*97
103
20%
21%
V
f
V
27
?
102%
*47%.:
53% ."
46%
,28
r
102%
20%*
7973%
*20%
21%
20%
20%
*165
167, .
27%
27%
25%.
74%:
26%0.
21
21%
20%
20%
166
.
51%.
22
98%
98%
*15%
74%
166
21%;
♦97
i6
15%
.
•
26%
say*; 51 *
22 y4
V
>
20%
*26 %:
51%
V
;
98 rv,.;
40%
26%
26
V
94
183 V 184 {■;
49'A
51%
!
5..,
54%
49%
51%
S
7
46%
54
*93 *
95
96%
96%
183 : 183 ,
*40%
.7 m
46 y«
1Q%
32 y8
■'
53'
10%
V
21%
99
v
15%,
80O
—
For
footnotes
see
page
149
Mar
79
Nov
Dec
Deo
46% Nov
105
Deo
30V4 May
Jan
12%; 12%
*49%, 42 \
13%: 13%
40%
61
116
27%' Jan
3
40% Jun
10.
41
Sep la if
32% Jan : a.
Kresge; (B)"* Co-—_V—
Kress (S- ?)-:& Co.:..—
Kroger* Co, (The)
49%.
.;
15
I
*
36%
50%;
17% Oct 30
116 y4 Oct 24
,J
Kennecott.Copper
!
30
Southern..
Keystone Steel & Wire Cou—i
Kimberly-Clark Corp._v.-V
I
Kinney (G R) Co—__
19
85
City
4 % nonrcum preferred
Kayser (Julius) & Co—'
Kelsey Hayes Wh'l conv cl A
Class B ,i—
t
*97%: 98
i
137% Dec
Jan
90
Apr 22
36:
Nov
114% May
145.. Nov
47
Sep
May 22
34
Jan
109
2-
18%-Oct 10
.
:
34%,
109%
101*
118Y4
1
9
32% Deo
—
;
114% July 31
167% Apr
153-^
Apr
May 28
0
18% No?
July 16 <
59% May 29
Dec
115
12%
A
Joy Mfg Cp————.—
Kansas
23%
85 ^
30 i
i
.108
com—No par
-__100
ser
24% Jan 17 >
108
5
21%
19/
T&eerl4
2nd prefere'd
Dfec
45% Nov 22.
——100
Corp
& Chicago RR
stamped... 10O
Jones & Laughlin Steel.——No
par
5%
pref series A—100
5,700
-26%
57%: 57%
15%
15%
22% > 22%
23%
9 per share
Manville
8%
_No par
Joliet
17,800
25%
*44 i;y
V/VSatardajfi:;
4%
-
36%
Co—______
3%%
preferred
Johnson & Johnson
500
*U1
(F L)
Johns
200
-.49%,: 49%:
.
101v
9
38% Sep
Stores—.No par
' 4%% preferred
2,200
■'>14fH»r 14 %■
\
Dept
Jersey Cent Pw &, Lt 4%
Jewel Tea Co Inc.,.
oonS
136
'126%'
152
35%
Jacobs
100
600
111%
'
17,000
-
116%
56%- 57%
15%i6
|
..J
Intertype Corp —;
Island Creek Coal
$6 preferred
50
*107% 110
24%
i-
5
11% Nov 30
No par
No par
25
74%Mar
176%
'
-
v
common
preferred
Interstate
22%
*40%
10
4% Oct
100
Teiep & Teldg.i
_No
Foreign share ctfs..
—No
*141% 144
I
7%
13
Apr 11'
15% Apr 22
2a% Oct 30'
133
Aug 1
15
i.
6 '
Jun
202
45
No par
Intern'l
27
102
2
9
..No par
......
International Silver
38
16%
•39%42
•141% 144
144
•International
45%
*35
16
20% Feb
■
-
/
:
May 23 '
13% Feb 16
250,,V Jun
1
-
/
May 28
Sep
90% Dec
100
$4 preferred
;__l
Inter Rys. of Cent Am—
5%
preferred
6
3
f
9
6% Oct
-No par
Paper Co___
•
14
21%
:*
Preferred
22% Feb
5$
112.
9
27'
/
3
11% May
;
10% Qct
_100
Corp..
Canada-.-i
International
104%
16%
20%
Nickel of
—
16%
v
>
:
55%
13%
38
15%
16
*20,
104
45
>
137%
54%
104%
*35 '
i
*136
Int
Jun
195; Jan 30
66%; Nov 26'
.175% Dec 18
5
_____
108%
*55% V" 57
V 38 "V. 38%
45
4% preferred
International Mining
5%
36%
54
151% jun 17 ;
19Q
Aug 21 "
44%. Juit 3 ^
29
25
,
28
May 20
22% Jan-18
4
Aug
16
Oct
6
10.0
:
-
Int Hydro^Elec Sys class A_„
International Min & Chem___
94
35%
108 "
58
Preferred
10
5
33%
12%; 13
;.
108%
178%
92
105
—No par
IntT Business Machine....__No par
.International Harvester——No par
75%
31% ,-32
140
104%
210
9%
52%;. 52%
*104% 105%
Interlake Iron
'
f 94
4%,; 4%
139%
,
177%
•90
-4%"
32%
33%
137
' 140
52
jf
94
12%
74%
10
30%
30 %
m
209
*75%
177%
*
14
37% Jan 28 '
33% S,ep 19,
13%Sep 19>
7% Sep 19:
35% Nov 6
.
20
Insuranshares Ctfs Inc:...
111
Interchemical Corp
__No par
4% % .preferred;
u
100
Intercont'l Rubber
:_lVo par
211
177
r
1
Jan
-
16%.'Jan
168% Mar 22
No par
,
May
9% Deo
36
116';! Oct 10
i
6%
12%
'
Sep
15
85
.99% Apr
Sep 10
11% Sep 20
36
3% Jan
44% Apr 23 ;
23-
-
34
3
45% Jan
10.
Sep 23
14% Oct 10,
^5% Oct 10
.100
—u—i
Oct
9 Per share
14% Jan
10% Jun 24
87 1
20
Inspiration Cons Copper.
41%
107%
;
100
4%
t
6.% preferred
Inland. Steel Co
39%
16%
*106%
6%
6%
6%
11% >12
■
130%
182n
;
16'
41
49% Jun
-
31% Sep 11
18% Oct 10
100
RR JStk: ctfs series A:
1—1000
RR CO/tV.
.4$,
Indianapolis Power & Lt.v_-lVo par
Industria Electrica De Mex, s A—
Industrial Rayon-— I—ii
il
IngersollrRahd _—pat
42%v42%
X7%
100
Illinois Terminal
12%
130%
lines
1
Co.
series
i
9%
29%
"179
Leased
,
10
Highest
$ per share
34% Mar 25
24
A__.v
;
Illinois Central RR
Year
Lowest
jf per share
9
5 V* Sep
Foods
Idaho
14% Oct
Motor Car.
Range for Previous
Range Since January 1
Lowest.,;!
Highest
,
EXCHANGE
i
•179
;
STOCK
Shares
; 17%
33
6'%
Sales for
Dec. 26 *
petsharq
16 %
32 %
Friday
Dec. 19
■
15%
STOCKS
.
Thursday
3307.
MacAndrews
6%
&
Forbes
preferred
.30.0;:a,;; 'Macfc; ytnpjf »•
y'y;;
10
r
132
.
Ser 11
00> ;153%;Nov 13
38% pet 30
42% May.3I
160
Jun 13
76% Jan 30-V
28%, Jan
147^Jar
47%
1
Highes*
S per share
A-'"
Number 4553
i
THE COMMERCIAL & FINANCIAL CHRONICLE
Volume
NEW YORK STOCK RECORD
LOW AND HIGH SALE
PRICES
Tuesday
Monday
Dec. 16
Saturday
,Dec. 14
$pershare
43
43 %
'
42%
*107%
1083/a
15%
<•395
510
"11%
U%
<•15%
15%
15
42%
42%
42 %
42%
42
108 3/a
108%
*107%
108%
*107%
11%
11%
11%
33
•109%
109%
*109%
333/4
333/4
33%
15%
16
151/4
1,100
*425
510
ll5/a
12
14%
14%
700
30
293/4
293/4
1,700
Manhattan
3%
4
1,600
Maracaibo
7%
7 5/8
29%
3%
4
71/2
.
12
143/4
*14%
3%
».
12
113/a
143/4
510
4
11%
*425
7%
7%
11%
7%
'
3,000
12%
12%
12%
12%
2,520
33%
33%
33%
33%
10,500
110
*109
50
Shirt.
110
*109
33%
34
34
34%
2,500
15%
15%
16%
16%
163/4
6,000
60%
61
62
62%
62%
63
31%
.
32
32%
3,200
32%
*31%
32%
32%
33%
33%
34
261/4
1,500
Master" Elec
27
,263/4
26%
273/4
27%
29%
283/4
293/«
7,500
Mathifeson
200
*185
48
,48 i:
*
103% 103%
*96
96%
11.
11%49
49
200
*185
103%
47
48
96%
11'
50
47
11
*48
-
113
*111%
200
103%
*95%
.963/4
50
<
47
103/4
'
♦111% 113
*185
110
*185
110
200
11
11
*48
104
103%
*1111/4 113
*111% 113
120
11
11
50
112%
280
95%
95%
11
'
20 3/a Jan
*48
50
45% Feb.
305/a Jun
7
75
Apr 18
48% May 28
383/b May 29
8
103
No par '
Dec
"94
•
Oct
?
11
Sep
97
18
111
48
Nov
'•
33% Deo
May
53% Deo
22
V* Aug
•176% Jan
34% July
104% Sep
495
109% NOV
,
Nov 12
Jun
63% Deo
Mar
40
1 Oct
46% Deo
24% Jun
9% Mar
17
19
Jun
111
11% Deo
18% Jan
42% Deo
.
:|7% Jan
•
-70
May 10
112% May 13
11
9% Oct 25
45 Ve
5
204% Nov 20
,
45% Nov 26
-—-5
Apr
Jan
-
9
Jan
Jan
Mar
<109
Sep
21% Jan
2
Sep
195
100
preferred--—
.
No par
$6 1st cum preferred——No par
10
4
•
243/4 Sep ;20
$3
100
113
11
27% Oct
No par
No par
No par
23
3%
•*%
15%
18%
57% Apr? 24
112% Mar 25
9
48
-
1
Alkali Wks„
4
39% Dec
7% Deo
Jan
24
28
(t
15% NOV
32% Deo
Jan
14
•
Jan
w
Oct
625
7% May
11% Feb
10
25% Deo
Jun
14
8
3
Sep
Sep
12 5/a Oct
No par
$3.40 cum pfd..——j.
Maytag Co™—
—
1,000
*112
112%
31
Co..™
preferred™...™.*
May Dept Stores...
$3.75 preferred...™
4,600
'
Xl09
1
425
46% May 31
19
.
§
52
Deo -s
110% Nov /
Mar
8
26% Jan
21
17
Aug 15
16 3/4 Apr
30% Nov 22
No par
1%
,
48%
47%
103% 103%
*95%
95%
50
,
*48
526
30
NOV
3% Sep
■7% Dec
11% Oct
...100
Martin,
"
47 %
48
103% 1035/s
11
ma
200
*96,
-
963/4
*10%
61
;
104
96%
62
*185
49
■
104
,
62
X15
10
26
Sper share
31% Jan
106% Jan
12
30j/2 May 28
173/4 Sep 27
10
12% Oct
5
Oil
$ per share
May28
xl7% Nov 13
'
33%
33%
15%
jun
87/a Oct
1
No par
Exploration™
1
Marine
Midland
Corp
—5
Market St Ry 5% prior pfd
.100
Marshall Field '& Co
No par
10,500
11%
*1091/4
33%
5<iu
%
Year 1945
111 Va Apr
12% Sep 18
16%i Sep 20
14% Oct 28
1
_
10
'
33%
33%
110
Mandel Bros.
106% Oct
65
j
/
Highest
Lowest
$ per share
375/a Nov 22
—10
60
26%
200
47%:
3,800
15%
15
4%%" preferred1
(Glenh L) Co__,
MartinrParry ' Corp™—*
Masonite Corp
-
58
<•185
19%
15
$ per share
No par
.100
No par
■
26 3/8
•
31
26%
,
11%
33%
19%
15%
28%
7%
11%
16%
58
11%
3%
7%
331/4
34
31
■3%
7%
19%
15
Macy (R H) Co Inc
■'4%% pfd series A
Madison Square Garden
Magma Copper
"Magnavox Co (The)..,
Mahoning Coal RR Co
Manati Sugar Co
1
900
19
510
*14
29%
3%
7%
7%
34
*28%
29
3%
15 %
19%
*395
16
29
15
"
11%
153/4
15
14%
18 %
143/4
16
100
-.EXCHANGE
•
Par
2,800
15
14%
510
11%
73/4
11%
H%
33%
333/4
109% 109%
15
19V4
14%
*395
15%
283/4
4
<•16
19
15%
15
42 3/a
108 %
ri
,
Range for Freviouf
Lowest
nighest
Range Since January 1
Shares
423/4
*14%
510
♦395
$ per share
$ per share
NEW YORK STOCK
the Week
108 3/s
19
183/4
<•15
$ per share
Sales for
Dec. 2ft'
423/a
r
15
♦14%
Friday
Dec. 19
*107%
42%
*107% 108%
15
15
18%
18%
♦3%
Thursday
Dec. 18
$ per share
S per share
-
28
STOCKS
Wednesday
Dec. 17
"
55
.
Jan
40% Jan
May 31
118
Mar
16% Deo
•"5»/4
5
65
Oct
•
Bop
114
Aug
110
6
<
1
45%
45%..
29
29%
37
28'/a
28%
49
49
^ 110
21
23
x35%
36
*36
37
*36
I,300
McCall
28%
3,300
McCrory
650
273/4
105
37
37%
38
29%
29%
293/4
32%
31%
32
49%
49
49
49%
49%
493/4
"50
•
42%
413/4
110
<*102
223%
41%
108
22%
22
22%
29
29
20%
104
'49
15.0
24%
*28
22%
29 %
20%
*102
48%
49%
'48%
21%
49%
105
25%
243/4 "25%
233/4
23%
23%
23%
71
1693/4
71
71
71
75
75
74
'197/a
18%
19%
19
19%
19
*41%
413/4
42
43
42
61%
64
633/4
24
24%
201/a
41%
*40%
593/4
593A
59%
98
98
45
45
44
♦105% 107
*106
14
14
42
413/4
413/4
59%
•593/4
'60
5,200
;
330
193/8
.'42
9,500
1,200
->75
-
,
'
; *98
14%
14%
36%
37%
36%
37%
.
•
"■
100
98
45%
37
60%
98
44%
*106
*97
98
43%
43%
*106
"13%
37%
38
37 %
',.*37%
39
98
43%
107
14
-
'61
98
44%
107
133/4
37%
preferred—
2nd
4%
1,800
4
97
13%
133/4
38%
2,700
97
43 3/a
44%
106%
*106
r 38V4
,
64 V2
4
Mengel iCo
(The)—--4
5% conv 1st preferred
Mercantile Stores Co Ltd
U -Merchi & Min Trans Co
Merck' & Co Iric
■
'
$3.50
1,100
45
105%
1,100
143/4
14%
<39 Va
3,700
'
900
149% 149 %
11%; 12 %
80
39
Co
38%
:
38 %
..
373/4 ^38
39
38%
39
39
1
20
Nov
26
22
Oct
Copper——
Mid-C6ntinent Petroleum.
'.
JO
10
Sep -19.
43y80ct 30
-12%
146 %
13-
,
#12'/4
.
'
147;.
12%
12%
„
148
147
-
11% ■■12%
12/
12%
60
61%
62%
*147%
149%
12
•12%
12%
ll5/a
12
11%
63
62
'
107
107
12
12%
.
12
*113/4
12 3/«
64
64
;64
1
110
1
18
No
Midland Steel .Products-
*105%> 110
107
107%
;
'
55
55
9%
:0,%
♦104 .-' 111
32
" 32
7%V,' 8
*104-
X54s/a
55%
;-65,
.9%
•
9%
>*^3A
-r<
23"%
24%
46 ■'< 46 -
12%
36% Sep
54
'
8
303/a
46%
13%
•
243A
13%
55
55
103/a
9%
323/4
114
32%
10 3/a
10%
7%
112
*107
32 3/4
32%
7% *
8
12,000'
25%
47%
•47%
12%
13%
12%
333/4
32 3/4
33%
••■7%
8
7%
-■
25
25%
48
'48%
123/4
•49
4,400'
;
17,700
1,900'
4,200
.
13%'
13
13
v
.
"
"
♦30 ;
*121
■
31%
*29%
60
60%
60%
121%
122%
125%
#63%
-•/?63/f22%
22 •
22%
*53%-- 57
*41%
22
*43
*42:
-18%
;
'•
-
•
^38#
613/4
•62%
63%
*62
*61J/2
22
!
<22%
22%
22%
56%
*42
57
46
46
42%
<43
18%
18%
21%
■^22
*53%
—
22%
'18%
18%
18%
22
.22
*42 3/4
•
16
15%
43%
43%
129
42%
19%
193/4
15%
16 3/a
*15%
105%
105
105
lll3/4
14%
13%
13%
14
383/4
38%
"38%
383/4
110%
11%
11%
11%
•
38
37%
37%
*51%
54
*51%
54
113/b
37
36%
500
*105
54
52
105%
v
;; Mullins
Murphy Co (G C) com.*
43/4%.. preferredx— •—*
"
6,600
37%;
1,600
110
"
*52%
America-*
"4%.' preferred**——.
Myers :(F E) & Bro—
Murray Corp of
-
,
100
53%
Jun
10
183/4 Feb*16
7% Jan
28% Aug
37
3
Nov
,
22
v'
Oct
10
Oct
,
68 %
30
Aprv 5
119% July 1
* 56% Aug;
9
19% May 28
2
40 'A Apr
:
;8% Oct 10
100
129
Sep 19
Sep 10
*28
42
Dec
.11% Dec
.29
Noy 22
43% Sep 10
111% Sep 10
64
135% Jun 17
;30% Apr
•#5iv
3
62
Jan
29
Jan
:15
34% Jan 16
36
May 31
21% Jan
Oct 30
31%
Jan
Jan
18% Deo
97% Mar
1109% Nov
,114% Jan
Oct 31;
10
323/4 Oct 30
13 % Sep
10
20
48 % Nov
Jun
11
53
•<
70
2
*
Saturday
.
»
Thursday
Wednesday
Monday
Dec. 16
Tuesday
Dec. 17
Dec. 18
$ per share
Dec. 14
$ per share
$ per share
$ per share
..
2
Range for
,
Previoua
.
$ per share
' $ per share
$ per share
Par
-Shares•
$ per share
21% Deo
-15 52
Deo
? 66% NOV
Jan>
:
.
Year 1945
w ,
"Lowest
\ Highest
Range Since Janqary 1
Lowest
Highest
SfrOCK
EXCHANGE J'
the Week
Dec. 20
Dec. 10
$ per share
NEW YORK
Sale's for:
Friday
J
109% Jun
13 ; vJan
15
22.
.33% Nov 21
Dec
Jan
55% Feb
2-7
9% Oct
^
32% Oct
47% Deo
;!9%
22% Jun
102
108 % Jun
Deo
33% Deo
13
409% Feb ; 6
27% Aug 24
49'
May ,8
Sep 18
1.4% Sep. 9
STOCKS
PRICES
LOW AND HIGH SALE
-
64
J-
23% Mar
66% May 29
34
50
3
>41- ;Mar
24%'Deo
61 / Deo
>53% Deo
56
'/Dec
v
Deo
19
Nov 22
19
•)•: 76
47% Jan
65% Dec 40
/
15% Oct -10
•
Deo
19
Dec
,104 V4 May 29
3
Nov 21
20
50% Sep
40
36 >
mVi Jan
Apr 422
45
>
65% Dec 10
,
62% Deo
-
23% July 15
5.
57% Dec
^
Jan
*16% Jan.
36
Jan
8
Apr
.•70
13% Deo
124
DOO
37 1 Deo.
? 16% Jun
a
49% Jun
6%
Jan .23
52
,
2
7
7% Mar..
109% Jan
22% Jan
Mar 25
May; 31
173/4 Jan:24
1
i 36% Deo
Aug
42% Mar
:
44
e
-5% Oct ' 9
19
Oct 10
,
:m
26% Mar 18
9
I per share
f
N
Nasli-Kelvinator Corp*—
*--&
Nashville'Chatt & St Louis
-100
National Acme Co—.
—-J
National
Airlines
}
Nat Automotive Fibres Inc—*—1
National Aviation Corp
—5
National Battery .Co~,
-J.
'National Biscuit Co common—--10
"
14%
15
•28
143/4
28%
28%
273/4
28%
28%
28%
27%
28
28
28
283/4
•28 3/4
28%
29%
15%
16%
15%
15%
15%
16%
15%
17 3/4
18,800
12 y8
11%
11%
11%
11%
11%
12%
12
12%
4,100
14
143/4
13%
14%
16
14%
9,400
24%
26
800
23%
23%
23%
28 3%
*180-,
•
22%
10%
:19%
22
,233/8
22%
233%
105 '
:106%
,,333/4
33%
*182
JV-Vi
•>
o?3/8
843/4
-
10%
10%
10%
11 %
11%
38%
393/4
39 %
40%,
133/4
14
14
14%
14
14%
14%
143/4
,
36%
36%
38 3/8
,
17
165/a
17
333/4
33%
34%
34%
16%
16%
16%
"163/4
36%
36%
36
21<
34
.37
363/4
4,300
37%'
21
'
19%
20
193/4
20%
21 %
21%
"21%
21%
22%
"21%
22
21%
22%
37%
38
39%
39%
40
36%
37%
39%
36%
24 3/a
245/8
,
23%
243/a
105%
,
183
-
183
6%
*1563/4
'
45
%
106%
105%
24%
105%
333/4
34%
34%
343/4
24 3/a
24
*180
183
159
*158
160
6%
7
7
1
*105%
333/4
24%
182
182
7
27
94
106 %
24%
33%
7
45
*44
45
*44
1
263/4
26
26%
26
183
*180%
160
*158%
105
'*34%.
•
210
3,900
34%
*180%
*158%
230
183
160
*6%
6%
6%
27%
263/4
3,500
2,400
27%
48
47
45
1,000
48
1%
1%
85%
85,%
84%
85%
85%
86
84
85%
85.%
85
10,200
4,900
27%
27
:"!;' '15.%-
13/4
l5/a
1%
13/4
1%
,
'v
.95
'26
,
17%
17%
,
93
92%
94%
94
92%
"91%
*93
92%
55
253/4
25
25%
25%
•253/4
25
25%
26
15%
153/4
16
15%
155/a
11%
103/4
10%
103/4
103/4 ;
,
-
15%
15%
15%
15%
11%
15%
25.
15%
11%
11%
11%
*10%
x20%
20%
WOK
.&:?»?!» f*2ofe
21
20%
20
'
*18%
18%
*18%
18%
*105%
107%
*105,%
107%
32
104
*31%
*103
36%
H
105
vi?
30%
f
t 36%
30%
100
-Por. footnotes
108%
36%
31
100
see *page 3307.
32
32
104.
<•103
*105
108%
*105
36%
36
31%
30%
353/4
31%
*100
101%
103%
-
18%
*18
*105% 107%
34
*32%
104
104
108%
*105
36%
31%
37%
36%
31
101%
•
*100
*100
203/4
20%
20%
*
20%
18 Va
18%
preferred A—;-—
-t-|00
6% > preferred j B—**4;
100
National Linen Service COrp new_*I
Nat Malt & St'l Cast CO*-i—No par
National >Steel.?Corp*~—25
National Sugar Ref Co_—'—No par
300
,
1,900
,
3,200
800
$2
>
*105
37%
31%
31
101%
*100
Oct. 30
Nat Vulcanized Fibre
,:N$tomas Co
8^% Apr
ft****-' Sf&'PM
•
■
12% Mar
«ft2% Deo
13
Jan
*19% Deo
4 Sep
Aug 13
24% Jan
45% Apr 22
3
19% Nov;22
.
.
33% Jun 14
108% Jan 24
40% Apr 17
July 29
173; Apr 10
110% Aug 21
41% Feb
4
72% May 17
/" 2% Sep 12
101% July 1
38
Apr 25
.25
Jan 18
102% Oct 28
27
Sep
9
X149"
Dec; 3
Oct 10
207
6% Nov .29
20% Oct 30
41% Sep 19
•
1% Aug 27
75
t'
19
4 Sep
25% Dec
3
11% Nov 22
163/4 Dec
4
89
10
24
-
•;
[Jan
177
"
152
*
Sep
Sep
21
i
84% NOV
26% Deo
•108
'Jun
37% Dec
**
199%
'NOV
35
Deo
Jan
69
Deo
<
1
65
Apr
-
/. Deo
24% Deo
"Jan
15
10 Va Sep
;
33% Mar
26% July
102% Nov
10% Jan
107% Deo
•29%
2
15% Mar
15
Feb
Nehi
No par
Corp
400
,
t
Newberry Co
110
1
"
32
r
,
2,800
3,000
20
4%%
:33/4%'i
conv
104
serial "preferred—100
(J J) common .No par
preferred—il00
New; Jersey Pr & Lt CO 4% pfd-100
Newmont >Mining Corp.—-4
*10
Newport Industries*—*—
-»1
•i
100
4%%
17
.
preferred
22"
Oct .30
'Dec
l03% Nov 27
4
30% Oct 10
r-27
Sep '23
106
1
Oct
6
5ft-/Apr 20
45
Jun 27
109% Jun 19
113
Dec
95% Oct 29
103
109% Aug 29
43% May 24
110%" May 27
9
25% Nov8
s
Sep 26
Z
;
Feb
35
Deo
106
105% Jan
*
32
Aug
18% Jan
Nor
28% Deo
f
108% Mar
'37
1 Deo
" Oct
;
Deo
lT%
10% Jan
•323/4 Jan 30
4
183/4 Oct ;10
85% Nov
36
22% Aug
24% May 27
21 % Oct
Deo
167
Jan
33
42% May 10
143/e Nov 29
Jan
>
13J Jan
*101%Aug
32
"Jan 29
106% Mar 2
Nov 25
Nov
'
37
67% Jan 29
t178
v'38
34% Jun 14
32% Aug 9
313/4 NOV;25
10
Co——-----1
—'—No par
Neisner Bros Inc ney———-
Deo
195
Jan
23
26
Oct:: 9
J' 165/a Oct ;10
--*0
fioo
100
37%
101%
'-
«30
Deo
420% Deo
41% Nov
13%
J
1,900
;
104
108%
preferred
4%%" preferred—
-National Tea Co—,—.
•
*103
conv
*-10
(The)-Fa
•
<
•
34
Nov. 22
15% NOVr 21
Oil
National Supply
190% Jan
3
16
,21% Feb
5
; 45Va Jan 29
c 243/b Aug 13
38% Dec 20
30
.
Products Co———-4
■National Power &U ex distribution
National
*105% 107%
*32%
Nonpar
Stamping-i—No par
'Co—*—--<■—!
134% Deo
15
*—1
Gypsum
*39% Deo
23% Mar
181% Oct
24 ' Feb
.
—*
7%;
»
3,500
17 3%
17%
17%
173/4
17%
17
18%
.
■■•■■V.
13
'
9% Mar
,13% Jan
205% Apr
J323/4 Apr
10
9% Nov-.22
31
16% Mar
28% Jan 29
34% Apr 17
373/8 May J.
'
"
Nov'30
22% Oct
Jan
20% May 28
13
-203/4 Oct 21
"25% Oct 10
180
<#6
35% Jan
20%
41% May 31
34% Jan
2
Sep 24
20
Sep 23
13% Dec
—J
>$4.50 eonv preferred—t—JVq par
•National- Lead Co——;
--10,
19,200
15
l55/a
15%
15%
15
15
15%
15
15%
X17%
*93
?'
191/2
10
28% DOO
Nov
37% Deo
41% Deo
19% NOV
15% Jan
253/a.Jan 15
52% Jan 16
30
143/4 Nov
•, r
900
27
27%
27
27
27%
27
27%
27
l5/a
13/4
&
'Nat; Enam
National
27
Oct
* Oct 25
.
;
6%
26%
1,900
16,900
23
-4100
Na par
—**10
No par
National' Dept .Stores—*
National Distillers Products
-
(
13
.
Products—:—No par
Nat %Pairy
10,200
9,400
37,500
-
353/4
*105
Cash Register—*—*
Nat* City Lines.Inc
National; Container—*---=
National Cylinder Gas Co
Nat
7,600
;
363/4
•
& Share Corp
•National Can Corp——
5,900
'
203/4
37%
20 3/4
•
"
preferred
.
Nat- Bond
7,000 '
6,700.
11%,
38%
•'16%
7%
100
2,600
•
19%
?B4 271/4 #
14%
153/3
1!
16J,300
'
23%,
l5/a
1'%
25%
15%
28%
185
38%
44%
85I/4
83 %
24%
23%
fo%
27
-45% i-
28 Vs
*183
••
38%
159
..
181%
10%
37V4
,
263/4
181%
23%
a
383/8
*105
106%
-33%
34%
'■
233/4
*25
103/4
16%
20%
^
'
*22%
14%
143/a
25
283/4, -,29 3/a
29%
185
*180
23%
23
25%
34
,.\21%
•
183
156% 1531/2
;t26%
*44
28%
293%
185
13%
25
«
:
2,500,
38%
14%
ie%
'-?./• 36
t,
t
36%
•
^3/4
35%
293/a
*180
.
33%
M
,
;
■-23%
29%
185
.
'
•
'
590
277/a
23
16%
37
28
16%
"
;
28
29,300:
.
283/a
38% 38I/4
7-38%
14% ; 14% r. -,V
r
14,%
36%
153/a,
143/8
•
28%. 28%
*180
185
27%
29
'
1°%
10% ;
34
15
ll3/4
14
23%
?!
16
15 3/a
15
15
15%
15%
113%
*23
14%
28
28%
"V 28% ;
15%
11%
13%
15;3/a
n
,
*28
14%
15
II
36
t
Jan
137
"Deo
63%'"Deo
160 "l Mar
■:
Jan:
35
14% NOV
;
14% Dec/9
^10
-*-50
No par
40:
•
12
Deo
111
105% Dec
No par
----5
----1
100
1,200
•
39
110
lls/a
52
1,700
14%
14%
Mfg Co class. B.
$7 preferred———«Munsiiigwear Inc.
'
*38%
Co-*-*
Mueller, Brass
..
320
.
66
106% May
61% Jun
-93/4 Oct
5
x-1
1
Wheel Corp—
Motor
1,900'
2,800
x36%
*51%
22%^
,45%,
12
*353/4
'
•
•
16%'
39
11%
4,500:
120%'
Jan
113% Apr 18
9
30
Installment rets 75% paid—-
$2.50
Morrell
500
45%
.
111
*110
111
*110
110%
12
■
1
'*16%
14%
14
"383/4
14%
37
53%
45
"22%
22
153/4
113/4
#
21%
45
;
48% May
33% Mar
45% May. 15
62% Jan
9
173
July 1
Nopttr
Moore-McCormack; Lines Inc.,—1,0
cum pfd—-,--50
(John)1 & Co——
No par
Motor Products Corp—*
No par
5,000
21%
56
44
*42%
'
•
.
*52%
18%
43%
"
'
21%
22%
42%
•
I
29% Nov
87%N°t
14% Mar
64% Jan
103/4 Nov 22
par
No par
r-"-10
Ward & Co
30% Deo
35
Deo
26
31% Fep: 26
series A—No par
preferred
$3.25
.
Montgomery
25,300'
<
<
Nov
32
>
'
600
"
64%
*63%
—
57
*53%
56%
105%
15%
105
105
105%
38
*110%
37
*52%
61%
64
*53%
22 5/a
22%
♦105
14%
37% 37%
*110]/4 IIP/4
11%
11%
37
J
II,400'
63%
•63%
■
43%
k:- 16
143/8
•
62%
*61%
43%
105%
14%
in,
*213/4
-153/4
*105
CO
•/
"
44%
;
129
131
100
,31
613/4
64
*127%
129
*30
31%
63
•
19
22
*53%
45
*18%
,122%
*30
31
; 63 3/4
WW
27 .".:,DOO
'
10 Va Oct
—*41
Corp.—w—
.
397/a Oct
Md-Kan-Texas; RR——.>
No par
7% preferred series A
4ii00
Moliaivk Carpet Mills—
20
Mojud Hosiery -Co-Inc—
1.25
Monarch Mach TookNo par
Monsanto Chemical Co common.—5
-
•/ 64%
♦63%
15
*30
597/a
124
.
C4
•
31%
:#50%
121%
56%" 61
4
12
45
Mission
.
'
70%
Apr
*104
Sep
'*13% Jan
.17% Jan
*12% Mar
35% Jun 10
105% Jun 10
32% July 9
52% Apr; 2
77
May 15
1103/4 July 19
20
140
"Mihn' Moline Power Impk
$6.50 preferred—
'
253/4
48
" 12 5/8
3,166
.
'8;
25
< 48
4
112
*107
<253/8
25
245/a47
-
290
2,000
55
55
.!.9%
*106
HI
73/4
,
•
109%
*107% 109
54 3/4
•
"
9
Sep
Dec
104
'
32%
46%
13%
30%
". •24
v
108
543/4
■*
9%
♦105
lllr
'32% 32%
•
107
543/4
/ 9
2,600'
30
97
10
36
>
•
Nov :2l
Minn-Honeywell Regulator
——3
3.20% » conv pfd series A
100
Minn: Min & MfgNapar
4,600
*
63
36 < Jun
4
30% Apr' 22
107% Aug 26
^57% Aug ,13
263/4NoV ft
183/s Nov "21
'
61%
Oct
61
8% bum 1st; preferred
44IOO
Minneap & St Louis Ry new-No par
Minh St P&SSMA vtc
No par
4,500'
113/4
63
<11%
63
•
149%
*147%
'
81
20'% Oct
'
♦145% 146%
•
183/b Sep
•
•"<24,
3
35% Apr1
»
'
19% Jan
«52
Jan
Jan,10
NOV
peo
Deo
41% Dec
43
30% Jan
108% Mar 21
103
i.-5
—*10
Miami.
v
•
69
56% Jun
19
pfd_100
Metropolitan Edison 3.90%
4,200
383/4
14%
preferred
cum
Machine
Mesta
140
106%
Sep 19
Dec
-450
—-.1
—-1
:_50
No-par
No$ar
1
No par
5
Shoe " Corp.
Melville
V
9
46% May 29
48% Apr 22
393/4 Nov 22
10
No per
il00
Co,
iV4p- preferred-
'
2,500
'25
44
1
'
19.%
107
243/4
30
Sep 20
23% Sep 20
102
Co_--
;
Mea4*Corp—
100
24 3/a
24%
24%
19% Jan
Apr
65% Deo
32% Deo
27% Jan
May 27
No par
j
Mfg
McQuay-Norris
.
10,000
,
,49%
49%
25
♦40%
i
$4 preferred—
McLelian Stores
..
400
29
2Q3/4
*103
103%
;«3
rill9%
4,300
-
Apr 23
43
122
Mclntyre Porcupine Mines™—5
& Robbins Inc
—18
100
23%
•
29
21
103%
23%
!
♦681
20
22 3/a
71
31
10
No par
Co!_
19
Oct
25
-1
Co
Pub
Sep
102% Dec
McKesson
3,000
-
104
*102
Electric
McGraw
2,000
43 %
42%
102
22%
'20% •203/4
103%
"203/4
*102
49
'23. \
•V
<:
42
102
Stores Corp
preferred
conv
-McGraw-Hill
v
"
21
104
24
42
41%
*102
283/4
*27
600
42
—_♦
1
100
Corp
3%%
2,300
,
"
42
104
22%
30
20%
v
I 75
193/4
453/a
105 Va
45%
28"%
105
■
♦68
45%
28%
105
293/4
*102
24%
22%
45%
28%
105
48%
•22%
>
24%
45%
28
105
29%
■*49%
49
-44%
28%
49
.*28
104
•45%
104
29%
i.142%
21%
•
♦102
38
*102
,v
30
♦28
104
49
22%
22
*27%
105 3/a
283/4
.
413/4
413/4
;:45%
28%
X28
X104%
*36 3/4
37
♦102
46%
45%
?
,
104% 105%
'
109
110
i
-Nov
Nov
*47% Deo
38% Deo
tt
IgsiJS
,.
•
.
'
;
■
;
■
:
1
■
.
THE COMMERCIAL
f-:v
'
'
-y
:
.
FINANCIAL CHRONICLE
&
Monday, December
23
ig4
YORK STOCK RECORD
t-V
MHV
Saturday
Monday
Dec. 14
Dec. 16
tper share
ANo
HIGH SALE PRICES
Tuesday
Dec. 17
$ per share
$ per share
19%
20%
19%
43
43
19
19%
37%
18%
*37
103
101%
,
17%
17%
23
23
23%
70
*59%
*232
280
♦101%
103
103
*232
280
102%
102%
13%
13%
39%
*38%
238
■
122%
29%
10%
115%
22%
18%
44%
19%
37
37
101% 102
2,700
2,500
300
28
*22%
28
70
*59%
70
17%
17%
280
*232
239
119
120'
preferred series A——100.
N Y City Omnibus Corp
No par
New York Dock
No par
$5 non-cum preferred-—No pat
103
123/4
*40%
239
239
*120
-122
170
400
239
119%
120
31
-
820
60
31%
17,400
11,300
'
.9%
9%
9%
*115%
116%
*1155/8
21%
22%
22
10
116%
,22
50
275
Jun
Dec
14
30
22%
31,400
^Northern: States Power
-
96%
97
08
20y8
20%
45%
45%
20%
20%
45% -45%
*12
98
97%
98
20%
22%
:
12%
12%
12 %
*12%
17%
17%
97%
17%
17%
17%
S7%
240
23%
15,300
21%
'::*45% ; ;?46% v
/46 ;,
*12%
*17y4
-12%
18
46
18%
/
12%
Cum
Airlines
NOV
20
288% Apr
Dec
18
300
Norwalk
Tire
Norwich
9% Dec
4
Jan
Mar
410
Sep
14% Aug
37% Jan
110
/
3
5
219
118
17%
Nov
Oct
Deo
2*%
50%
258%
126Mi
31%
15%
Mar
112
Deo
Jan
Oct
Nov
Nov
Deo
Deo
38% Deo
104% Nov
8
66% Jan, ;/3
55y4Jan
3
Oct 19
9
Nov 22
16% Dec
Nov
65
19% Jan
9% Jan
105% Jan
May 22
Jan 11
36
185/a Nov 21
44
No par
29
Aug
117
96% Dec 17
39% Nov
Jan
Aug ,15
39% Apr 20
16% Feb 16
16% <>»t 10
Pharmacal Co———2.50
Rubber
&
162
129
23% Oct 30
111
Mar
Jan 19
223
Northwestern "Telegraph——.—50
900
v
53
119
—Nppaf
—10
Inc
9
Oct
Deo
Jun
Jun
Jan
102%
18
Deo
148
Jan
17
41
113% Mar 18
28% Feb
27%
88%
35%
75 V4
* Mar
28%
;
(Minn)
Co
pfd $3.60 series.
Northwest
60
31% Oct
45
21% Jan
Jan
103% Jan
32
41% May 28
76
May 3
325
Feb 19
11% Nov 22
^ per
share
*16% Aug
•
28
102
N Y Shipbldg Corp part stk
Highest
S per share
/
16
61% May 29
135
Jun 10
37% Feb 16
4
Previous
-lowest
35% Jan
9
53% Oct
NY Power & Light
2,500
43
238 ~
30%: 31
:
21*% Oct
3.90% pfd—100
1
'; Noblitt-Sparks Industries
-5
-Norfolk & Western Ry————100
Adjust 4% non-cum pfd
100
.North American Co
—,——10
iNorth American Aviation———1
Northern Central Ry Co
—50
Northern Pacific Ry-i--—^100
N Y & Harlem RR Co
-
12%
*39
34% Apr
8
69 y3 Jan 18
•
280
103
t per share
16% Nov 26
for
Year 1945
Highest
18% Nov 21
36% Oct 10
13% Oct 10
26
Sep 19
79
Sep 24
6%
65
*232
v-40%
29%
30%
•;
9%
9%
*115% 116%
21%
18
12% : 12%
'40%
1,700
57,200
28
280
12%
*39
17%
*22%
*59%
102% 103
103%
238
22%
17%
Range
January I
Lowest
Newport News Ship & Dry Dock—1
New York Air Brake——No par
New York Central
No par
N Y Chic & St Louis Co
-100
800
102%
Range Since
$ per share
2,700
19%
17
12% V
20
37%
*59%
122%
22
19%
433/4
i
Shares
18%
*22%
12%
EXCHANGE
37%
101
17%
29%
30
9%. 10 ^
*115% 116%
115%
22
43%
23%
40%
41
238
239
*119
30 %
10
20
70
12%
.
239
*119
17%
,
19%
42
105
*232
*59%
NEW YORK STOCK
t per share
20
18%
38
101%
$ per share
I
Sales for
the Week
Deo. 20
43%
19
37%
*43
19%
38
101
19%
Friday
Dec. 19
t per share
19%
43
37%
Thursday
Dec. 18
43
100
STOCKS
Wednesday
26% Mar
63% Deo
46
•
Apr
57
Nov
6%
Jan
15
Deo
12%
Jan
21% Deo
19% May 15
13
25
May 23
*■
'■•1st'
34%
34%
*107% 110
23
20%
23%
*21%
21%
103
11%
115%
y.
11%
30%
23%
21%
20%
20%
21
*114
27
•
21%
24%
*21%
22
30%
*160
31%
31%
*88
12%
*11%
12%
^
**15
*11%
*14 *
14%
14"
*51%;
53
*5i y8
51%
*26
28%
*26
27
;
42% : 43
43
60%
;
*31
■'
43%
60%
•»«>
42%
6%
6%
P12%
12%
%
15'/a
.126
126
*163
166
125%
♦163
*14%.
12
^*45%f -46%
*105
12
Inc
;
43%
*60
31%
125%
124%
166
*163
26%
43%
60%
31%
6%
6%
43%
31%
32%
124% 124%
*
>163
5%
22
63/a
6%
6%
12
12%
133/a
163/4
107
-
105
6%
"
6y8
46
46
105%
6%
78
110
110
*107
105
110
*79%
81%
333/a
33%
34%
60
33%
61
61
63
T
12
12
80
*78
26%
43%
*30%
31%
13
12
11%
4%
44.
13
95
80
79
79
42%
43%
42%
14%
43%
14%
42%
43
15
7%
15
83/a
17
22%
..
22%
213/4
*29%
*115
33
*293/4
V 118
22
*115
22%
27
45%
*52%
54%
*95
20
-
*
26%
•-
24%
,? 26
■
<
*23
108 y8
*106%
*106
*33%
107
Saturday
^
58%
14%
■■
'
*105
9%
1073/4
88
343/4
109
9%
■95y2
255/s
*22
20
26%
23%
104
104
*84
86
343/4
*105
9^4
343/4
109
9%
"54%
95'
:
♦
*16%
26
*22
*104%
*83
35
*105
9%
22
\
27!
46 i
*54
19
*16%
263/s
»oo
106%
86
35
26%
28
107%
27%
14%
27%
23%
15%24%
36%
107;
85
55
19
563/g
*10%
10%'
^62
S *70
'18%
18%
"/'■
62%
16%
63%
70
16%
*198
205
16%
16%
*13%
14%
*21%
%
22
*21%
*23
24%
17%
%
For
17%
17>/4
*
>
see
.22,
17%
page
125
64
69%
69%
15%
15%
*198
205
16
*l33/4
23%
t
U3%
63%
22
*21%
17%
footnotes
8%
>
v
16% ,16%
16%;
*13% ;/15 ■ ■
%
15
23%
17 -
*100
v
3307.
putc
P tts
cum
22% Jutt 17
24% Jan
64% Sep 12
81
29
Deo
57% Jun
2
45% Jan
9
17% Deo
Oct
24% HU
May
5
12% Dec
Deo
6% Mar
Xl8
4
40 Vs Nov 22
72
21%
49% Deo
Jan
17% Jun
Dec
33% Deo
30% Deo
111
Nov
ll(T
,
Jan
12
20% Sep-24
Sep 24
25
47% Feb 16
20%
Apr
113
Dec
.
24% Deo
46% Nov
49% July 16
33 y4 Aug
37 y8 Mar
49
Nov
2
68
May 22
30%
Jan
46
Dee
86% Nov 26
115
Apr 22
69
Jan
96% Nov
14%
Jan
43% Nov
37% Nov 25
43
Jan
14
Oct
10
^ 2i % Sep
16
Oct
19
100
40% Jan
10
Oct
75
51% Jan 25
Oct
11
8% Dec
July
19% Jan
92%
17
43% Mar 18
109
3
7
38% Nov
21
17
Jun
109% Jun
28% Sep 18
105% sep
11
19
36% Jan
132
9
Mar 12
14% Apr 13
4
Range Since!
Co
No par
1
25
—
6%
preferred
50
No par
com__
V
43% Jun
Jan
119% Nov
63
Jan
116% Jun
26
Apr
41% Dee
105% Nov
Mar
Deo
108
Jan
13
I
Range for Previous
Year 1945
No par
No
par
100
tpershare
$ per shard
13
Apr
35% Jan
29% Sep
51% Dec
5
r?ed
5
19
9
107
Dec 16
24"% Sep 24
27% Dec 19
16% Feb
80
8
May 9
May 23
x48
76% Jan 22
il7%
891/8
Jan
29% NOV
25
Jan
29% NOV
19% Feb
5
47
Jan 17
Jan
122
117
Aug
12% Aug
31% Mar
102
Sep
13
71
Jan
28
56% July
74
7
112
Jun
10
107% Sep
113
99
Nov 26
20% Oct
SeP
Apr
106% Aug 27
14% Jan
34% Deo
10
36
'Jan
85
Nov
!>n
S
89
Nov 15
49
27
59% Deo
Dec
37% Not
8
1021/2 Sep 25
Z—17
Chemical
CO—No par
rtnv p5ef®rred
Consolidation
Coal
No
Co
Forgings Co
par
1
1
-Z-I—No"™?
Pi7C deferred1 class
preferred
class
123
Orf
4.
7% Sen
24
89%~Dec
6
171/. Nov 22
xle% Dec
3
Pa'
7%
S? ?
9% Oct 10
iio®
103
Oct
a
A—ZIioo
69
Nov
M
ser conv pr pfd
Va
100
69% Dec
3
100
12% not
q
110
Feb
7
136
May
3
15% Feb
8
106
Feb 16
26% May
30
202
210
-
Feb
8
8
May 15
Mar 29
48% Jan
15
14
30
Jan
22% Feb
141
16
Feb
27
96% Jun
14
;
35
126
23% Not
25% D*5
205%
15% Dec
117% Oct
69% Jun
91
Pond Creek
Pocahontas
Poor & Co class
new__
1
Nov
12
14
22
Jujy, 1
29% Aug -12/
20% SeD
14* oS
10
25.
10
27% Feb
Oct 15
7
July
44% Deo
12% Deo
198
31% Jun
14%
22
Sep
11% Deo
106
92
May 28
34% Jan 18
Deo
108% Feb
200
West
Apr
19% NOV
44% Deo
33 V* Sep 20
104% Dec
acTit rT,;-~pp-—No pat
C & St Louis RR
JOO
&
Oct
21%
35% Jan 15
t>•^/U% Ist
115
1
July 10
May 16
17
Pittsburgh
Deo
71% Deo
Jan
34
29% Sep 20
preferred
■
ioo
Inc
&
40 ye
.
No"oar
preferred
&
57
36% Deo
Jan
30% May
__25
Coke
15% NOV
9% Jan
19% Aug
25
S per share
106%
122
13
$ per share
18
Jan
Dec 19
Dec
Highest
Lowest
Oct 30
116
1
serFeT All—II-IIioo
2
v
163%
22%
17 y»
•
Highest1
7% PnrSe?£d & °hlC
100
Jul7 11
p£ pSSs^o—208°o K «'
Pitts Screw
Bolt
5%
January 1
Lowest
73% Jan 11
41
Jan 11
Pittsburgh
41%
7%
103/4
Pitts
204
41
10%;
125
pfd
Plllsbury Miils
20
*200
-
,
8
10%
69%
205
193/4
*189
;
39%
*100
72
*198
10
5
nrefpirer? C°' Ud
Inn!
5%
19
' —v
72
Oct
100
Phillips Petroleum
Phoenix Hosiery
103/4
16
16
„
12
liy2 Nov 22.
Jan
———-—100
2
_series preferred
__ioo
Philhps Jones Corp__
.jvo par
•
97
63
*14%
%
30
11% Aug
Pitts C
rlttS
10%
202
..
39% NOV
Jan
2y4
19
_
*122
96
39%
7%
.
3% %
-
33
19%
*199
7%
Feb
21%
28
No par
f\i,refer!nce cora
Phut
pp Jr£ r-.--?
pj?!ln«
d COal & Ir0n
P14
200
105%
97
*189
11
5% Deo
29 y4
35% Aug 13
2
100"
-":■
730
15,200
1
18
18%
125
Jan
48% May 21
9
9
100
n
57%
19%
39
.
>
*103%
*93
.
99
33
204
7% Jan 28
July
73% Deo
37% Aug
8
115% July 15
27% Jan 24
100
*
*25 V ■' 25%
*84
86
10%
7%
%
107
*96
>
.15,200
19,100
37'A
*104%
97
10%
15%
25%
Phila
310
30
Co
Phi?oPwi?fr®d
Electric
4,700
91 y2
36%
100%
Philadelphia
50
*
25%
91%
■J
*10%
%:
38%
%
110
Oct
32% Jan
16% Feb
of America
pi"Pvdge Corp
810
*115% 117
89
*
7,200
15,400
26%
117
*
14%
*122
^
14% Deo
30% Jan
33 %0
Pfeiffer Brewing Co
Pfizer <Chas) & Co Inc
'
107%
26%
•93
''
106%
Oct
ill
X80% Deo
25
Par
900
65
*16%
19
X39% Nov
29% Apr
106% Sep
4% Mar
56 / Jan
20
_100
Shares
14%
41%
:i03% 103%
*18%
y*
Deo
Oct
NEWEXCHAMrp°CK
EXCHANGE
the Week
$ per share
.541/4
*16%
19%
19%
Deo
Deo
20
Jan
26
fialM for
Dec. 20
*83
■
90 y8 Apr. 25
110
May 1
12
29
13%
30
5
oC^"""r—T
Corp
Nov
5% Jan
16% Mar
i
/
6y4 Oct
100
4%% 2nd preferred
Petroleum
Aug
17 y4 Sep
_lo
Ry Co
STOCKS
Friday
34
■V'_w
„
Jun
10
32% Deo
28'/a Feb
50
preferred
preferred
Pe4
20
2,500
175
.16%'Jan
par
-No par
prior
5%
500
9%
*24%
,
200
109
9%
5%
10
3 % Sep 19
35% Jan
3
__ioo
Eastern
Apr 30
39% July 11
82
Apr 30
10
No
Co—
Marquette Ry Co_
'•Fere
200
35%
*105
93/4
&
149% Dec
Jan
Mar
6
._7
Corp
/Pepsi-Cola
100
86
*34%
109
Peoria
56% Apr 22
14% Jam 10
21
I
5%/preferred
r
'jmntTh.
243/4
^
800
Sep
9
52
No par
No par
Cement Co
Sand
Jan
10
111'
6
105% Oct 24
273/4 Oct 10
5
Corp.
Coke Corp
Pennsylvania Salt Mfg Co
Peoples Drug Stores Inc
Peoples G L & Coke (Chic)
;
17,400
58%
*96
19
;
106% 106%
86%
62%
22%
./
'
^265/8
58
36%
*104%
84%
55%
*189
19
56
No par
Enterprises.—
.
100
95%
&
Glass
3
Dec
5
Jan
20% Apr
43/4 Dec 13
No par
_2.50
Penn Power &
Light Go
./^Pennsylvania RR
1,000
56
95%
40%
89
25
„
48
54%
95%
26%
24%
3,400
36,900
37% Jan
100
12% Feb
27
2
10
1
Mines
Co
Transportation
Penn-Dixie
10
Oct
Deo
Nov
X60% Oct
34% Apr 22
5% Oct
Jan
160%
181% July 17
11% Feb 26
13
42
46
Jan
-
121% Jan
13
1
Consolidated
& Co
L
&
30
11% Dec
1
Davis
Mines
16
Oct
5
Inc
Proof
Dec
18y4Nov 21
—No par
100
24
Apr 24
164
2y2
Pictures Inc
Tilford
48
160% Jun
No par
Inc_
'Mar 18
5
,
10
Corp
preferred
conv
Utah
•
22%
Corp
Airways
Cos
&
Penn
;26y8
28Vz Oct 28
1
Car
American
Penn Coal
118
,
40%
>■
100%
19
;
26%
*46
59
*116
•
,89
*33
34%
23
54%
X95
*16%
22*/2
6,400
107
26%
36%
36%
*104%-107
'
*84%
263/a
*52%
r
46
14%
28
14% '14%
22%' - 22%
•16%;
96%
20
-•
59
39%
26%
28%
,
54%
22%
265/8
;
Oil
48
1223A Oct 30
100
Penick & Ford
35
.
58
♦,115
89
45%
22 y2
*303/4;
*115
Nonpar
100
Penney (j C) Co—
Penn-Central Airlines
5,100
107
58
;
21%
26%
45%
100
85%
21%
313/4
14%
?68%
^
if108 %
26%
*28
21%
26%
V
21%
118
Dec. 16
39% >40
57%
:
%
83/a
t per share
14%
58
*303/4
•111
83/4
80
Mills
20
Mondar
Dec. 14'
$ per share
14%
22%
*104
9%
20%
30
46
25%
23
107 y2
9
H.*9 ;r 9% r ;
21%
118
27%
♦16%
36%
34%
109
*293/4
*115
26%
*96
108%
*84
33%
20%
33
*52%
24%
86
86
♦32%
-
8%
•
118
*44%
96%
20
26%
*16%
,
•
22
■21%
28
45%
-
34%
48
Parmelee
11,800
7%
*79
89% Nov
14-
Patino
8,800
73/a
14%
95
♦18
*100
3,900
143/4
-
*199
2,000
12%
23% Nov
17
Parker Rust
12
11%
Jan
67% Jun
Parke
200
13%
22% Deo
11%
45 % Mar
47% Jun
Park
3,800
13
13% Jan
25% July 11
86% Mar 19
10
Paramount
4,900
433/4
27%
•122
4%
31
19% Jan 22
24
4%
14%
7%
Doe
10
Dec
Park
44%
423/4
*30%
10% Oct
-
1,300
423/4
7%
79% Doe
36 y8 Oct
Paraffine
22,800
14%
54 y2
55
*78%
'4%
43%
44
:J4
*52
*24%/
*82%
12%
11%
80
Jan
•8
54 y2 Sep
110
14%
22
*97
12%
30%
123/4
"
4%
'
43%
,
*107
31
12
*78
435/e
30%
44
13%
4%
43%
*107
14%
nV/*
*23
*104
300
34%
61
43%
95
13% Nov 26
Panhandle East Pipe Line-.-No par
4%
preferred
100
Panhandle Prod & Ret
1
28,100
60
13%
Jan
*
24
Pan-Amer Petrol & Transp
60
65/a
32%
*30
Deo
32% Nov
74
25
Pan
:
4,300
,
105%
6%
78
*107
47
333/a
43%
36% Deo
168
22% Jan
No par
Motor
100
60
13%
17
No par
Lighting Corp
Western
59,500
*153/4
4%
31
Jan
Jan
•
Nov 23
./ Packard
72,900
123/a
15%
59%
*30%
155
49
Pacific
15%
45%
453/4
5
10
non-cum
Telep & Teleg
;
6%^ jpreferred
Pacific Tin Consol'd Corp
400
12
<
Co_
Pacific
3,100
22
4%
xl3%
Xl3y8
13%
7
No par
$ Pacific
10
15%
78
4%
69% Nov 26
Nov
18% Deo
*118% Deo
34% Nov
23% Jan
111% May 29
100
Apr 6
"
250
5%
Coast
preferred
2,100
169
53/4
22
*76
4%
86% Oct 22
119
Jan
2nd preferred non-cum
Pacific Gas & Electric
1,100
60%
60y8
4%
4%
43%
107
51% May 22
39% Feb
2
Jun
34% Deo
Jan
11% Jan
11
180% May
35
Oct
23% Deo
24% Jan
106%
Pacific
5,800
60%
60
4%
*29%
33
*115
118
*21%
22%
.
43%
60%
1st
250
43%
.21%
'
25
32%
80
42%:
14%
26
10
24
125
166
77
*107
Feb
Sep 24
19% Dec
2
_12.50
Pacific
33%
12%
*77%';
,
5%
Co
51%
32%
43%.; 43%
30% > 30%
*13%.5 14%
^
*105
5%
76
Glass
51%
60
60
.
107
5%
76
110
no
45
120
112
.
33%
-,4%.
"
*105
5%
5%
5Va
*75
*75„
.
453/4
6%
11%-
Owens-Illinois
53
55/8
,
3,900
Pacific Amer Fisheries
*21%
•145/a
77
140
5%
6%
12%
15%
46%
3
14
10
Oct
16% Aug
rJun
158
_2.50
No par
100
21%
6%
107
v
>
»io7
*107,
•
-
Outboard Marine & Mfg
—Outlet Co
14
21%
11%
5%
76
no
33
•
*105
J
*74%
'
11%
21%
*14%
46
46
46,
46;
107
*107
700
100
14
5%
12%
36
18
26
107% Jan
1
14
17% Jan 18
11
25% Dec
10
19
*119% Jan
14
Sep
No par
;
6% ; preferred
11%
5%
15 ya
15%
X113
4
Jan
22% Jun
-
10y4 Nov 23
—100
12%
21%
6%
99% Oct
100
6
14
5%
22
22;
*14%
/
com
Sep
'
29% July
18% Nov 22
No par
——
*511/8
25 :": :-
«
60%
6ys
6%
•/;
Corp
•'•,
14
31%
5%
*21%
*11%
;
43%
60%
31%
5%
22%
43%
60%
31
164
21%
43%
60
127%
5%
27
14
303/4
164
166
51%
12%
*13%
60%
*164
5%
*51%
*26
*11%
32
31%
126%
•'*
20
112
'
93
76%
25
pfd
convertible preferred
Elevator
Otis
;
—_
24
*90
26
21
S7% NOV
,
26
19% Feb
P
12%
143/4
51%
27
*51%
-*26
*127% 128%
-
*21
.108% Jun
(The)
8% conv preferred A
Oppenheim Collins :
i
3,800
30% Sep 30
—
100
__
;
..*60
4%%
800
^
32
;
No par
Co__.
Omnibus
130
165
Co
preferred
Oil
Oklahoma Gas 81 Elec 4%
Oliver. Corp
4
3.70
28%
31%
Edison
4.40%
Ohio
4,500
115
*160
76%
:
*14
12,500
11%
*27%
22%
93 1 *
"
223/4
104
115
31%
21%
200
11%
165
75%
*11%
104
Ohio
'
—
16,500
21%
22%
26%
2,200
24%
21%
115
*160
78%
109%
24
.11%
26%
165
*107%
103
11%
*
35%
•22%
103
115
34%
-
22
21%
22
'93
78%
24%
24%
25%- 26 '
165
*21
*107%
110
34%
109%
115
26%
*160
34
*102% 102
11%
11%
30% ? 30%
165-
34%
*114
115
26 "
31%
*160
*21%
♦102% 103
11%
11%
11%
22
'*87
*107%
23%
114
30%
165
*21
110
23%
21%
l114
•27"
34%
21%
'
28
*160
*107%
34%
22
103-103
4 11%
*26%
30%
34%
23%
20%
103
115%
/
34%
♦107%' 110
23
22
*21%
;
34%
Jun
43% J"®
22
J®®
Deo
27% p«0
33% Deo
Number 4553
164
LOW AND HIGH SALE
PRICES
"Monday
Saturday
Dec.
$ per
Tuesday
Dec. 16
14
share
14%
"
*41
4i%
57%
58
33%
34%
*98%
lOO'/a
35%
35
35
34%
35%'
22%
*105% 105%
111% 111%
•H8V2 119%
351/2
4iy8
100 y8
*98%
y
22%
22%
Dec. 18
t per share
13%
58. "
34%
'
57% *
34
13%
.41%
13%
14 Ve
*
40%
41%
58
58 J/4
34%
34%
#98% 100%
13%
Wednesday
Dec. 17
$ per share
$ per share
Thursday
Dec. 19
13%
41 y4
14%
41 y4
14 Ve
41%
40
58%
40%
57%
331/a
58%
33%
58
58%
33%
33%
98%
33
98%
34
35%
36
35%
36
22%
23'/8
36%
36%
23%
23%
23 y8
23%
13%
*93
,
99%
*93
23
,105%
106
105 y4
105 '/4
111
110%
110%
110%
111
118%
118%
1181/4
127%
110% 111
119
118%
118%
118%
119
127%
127
128
119%
128
127%
: 53
•
%
54
113%
54%
113%
54
*112%
54%
23%
54%
23%
55%
23
23 %
55%
23%
24%
24%
*107%
HO
*107%
110
33% ' 33%
*112%
*107%
v
~
t
•
33 y4
113%
110
33%
110
33%
110
33%
*108
33%
9%
9%
•
9%
*100%
^735%
35%
"19%
19%
49%
49%
17% Oct 10
*88
/
92
Saturday
*
13%
Sep 10
Sep 25
114% Aug
9
119% Jun 20
56
:
*87
24%
33%
30
Quaker State Oil Ref
Corp
55%
*112%
56%
55
55
59%
St Joseph Lead
Safeway Stores
5% preferred
Savage Arms Corp
Schenley Distillers
11
50
Scott
22%
23%
22%
23%
112%
112%
*112%
113%
10%
10%
11%
23
60%
58%
49%
*48%
49%
100%
100%
*99%
97%
97%
100%
97%
97
60%
58
49%
*99
95%
U
59
49%
58%
50
-100%
100%
96%
*95%.
20%
100%
96
21%
20%
20%
20
20%
48%
49
48
49
49 %
49%
27%
26%
49%
26%
48
26
26%
26%
27
27%
20%
7
7%
10
5
100
5
5% preferred series A
Seaboard Oil Co of Del
37%
7%
38%
38%
38%
12%
12%
11%
12
Seeger Refrigerator Co
14
14%
14%
Seiberling
14
14%
7
14%
14%
105
.
105
100
No par
5
Seagrave Corp
Sears Roebuck & Co
12
6%
12%
14
1.75
Corp
Paper Co
;
No par
$3.40 cum pfd
No par
Scovill Mfg Co. 3.65% cum pfd.100
Seaboard Air Line vtc__
No par
38%
*14/;:
2
20
4
*14%
14
14%
*105% 108
*105% 107
Servel
Rubber
Inc
$4.50
Sep
Nov 22
110% Sep 11
9% Nov 22
Nov 22
53
42
Oct
9
100
Dec
11
95% Dec- 18
17% Sep 24
Sep 24
42
23"
Oct 30
6% Nov 21
No par
35% Nov 22
5
10% Nov 22
Co
1
1
common
preferred
Nonpar
13% Nov 22
12% Oct
10
Dec
14
105
25,
24%
25%
Shamrock
Oil &
32
32%
Sharon
Steel
23% Oct 10
Sharpe
&
Corp
Dohme
No par
31
No par
23
Jan
4
77
Jan
2
38%
47'
v
' 50
Shell
>
Sinclair
17% Oct 10
8
Dec
not
28
Oct
5% Oct 10
33
NOV 21
38% Jan
8
15
Oct 10
..15
115% Mar
14% Deo
*42% Feb
61% not
29
:
89
No par
(A O) Corp £
..10
(A) & Sons Carpet Co
20
cum preferred
.100
Smith & Corona Typewriter-No
par
Socony Vacuum Oil Co Inc.—-15
99
South Am
Gold & Platinum—
I
South Carolina E & G Co
__7.50
4%
77/a
5%
53
preferred
—
50
—
Southeastern Greyhound Lines—5
47%
New
169%
33%
33%
27%
28
47
47%
46 %
72%
46
*
71%
*76
18
5%
Xl35/s
*93%
21
16%
17%
88
*44;
110%
..•37%
*97%
18%
45%
111
37%
99%
25
—7.50
ctfs
Spalding (A G) & Bros Inc
Sparks Withington
18%
20%
-V 18%
Mobile & Ohio stk tr
13%
95
,.100
Edison
Southern Natural Gas Co
5%
13%
46%
California
No par
Southern" Pacific Co—.wpat
Southern Railway
No par
5% /non-cum preferred
100
18%
87%
V
Southern
77
46%
footnotes
South Portb Rico Sugar
8% preferred
55
*166%
5
....
.5%
Spear & Co.
.....
$5.50
preferred ...;
Spencer Kellogg & Sons
*93%
20
20%
16%
17%
86%
87
18%
*43%
45
*110
111%
36%
37%
*97 %
99%
18%
..100
—I
No par
;•
1
No par
No par
Sperry Corp (The) ——..l
Spiegel Inc
2
Conv $4.50 preferred—
No par
Square D Co
..5
—
—
Squibb (E R) & Sons
$4 preferred
—
Standard
common
1
No par
Brands, Inc..No par
$3.50 cum preferred
—No par
Oct
Jan 15
55% May 27
July 11
48
May 15
18% Jun 3
8% May 11
9
Nov 4
53
Nov 26
60% Feb 5
22% Dec 20
59% Feb 1
29% Sep 20
13% Oct 30
9
13
52 % Dec
11
2
30% Mar
22% Dec 20
48% Sep 24
167
Dec 16
May
10
39% July
3
33% May
70
Jun
65
Jun
90% Jun
96
Feb
30% Apr
13% Jan
27
May
27
27
20% Aug
40% Apr
188
3
22% Jan
20% July
13% Jan
4% Aug
8
Sep
30
193
38% Oct 10
33
Sep
64% Oct
Oct
16% Nov
5% Oct
73
23
30
11
22
10
11% Nov 22
92
Sep 4
17
18
15
13
' Sep
9
4
:
104
51
Apr
-
2
34% NoV^O
{
{
.
40% Oct
;
■
;
18%
5j% So
60%
180
11% Jan
21%
6% Mar
7% Jan
80
Feb
12%
30
32
Mar
27% Jan
44%
12% Mar
23%
99%
Jan
76% Jan
39
Deo
Dec
It
7% Deo
37
24%
62
60%
87%
93
17
-.116 ?Mar 9 $ 107% July
Jan
^M&>VMay 13 : ;■ 28
98% DeC-40—~~98% Dec 12 .
107% Oct
not
Deo
,22% Deo
38% Jan
32% Jan
64% Jan
80% Jan
26% Jan
-
23
29 >
July 16
May 24
18%.Deo
40% Jan 30
14% NOV 22
39% Apr 10
84% Sep 17
-109% Apr 10
15% Sep 10
24% Apr 25
33% Feb 2155 ^May 10
37
Aug
not
not
5% Dec
46% dec
>44% not
21% Deo
68% Deo
i
;
108
12
7% Dec
'
Deo
not
91
10
,35% Nov 21
4% Sep
,
41% Jan
85% Jun .7
27% Feb 1^3, 18
24% Apr 17
Dec
28
~5%
Mar
32% jan
30% Feb
14% Aug
{
11% Dec
25%
79%
22%
v0%
26%
July
Aug
24
Sep 19
Sep 23
42
Dec
not
24%Oct
114
Jun
7% Sep
16% Jan
12% Mar
74
May
13% Jan
Jan 28
,
14%
,40
17%.Maf
107% Oct
14
Iron
Dec
71% Dee
mm
21
&
37 V
40% not
35% Oct
54
...
Steel
Nor
60% Oct
22% Aug
7
Mar
43% Jun 3 4
17% July 1
14% Feb
6
56% Jun 3
61
May 31- '
20% Jan 11 /
6
No par
3%%
*53%
For
5
Smith
14%; 14%
-
;
-No par
.No par
Smith
^*99SV 100%
46%
1
;
$1.20 preferred
37
*51 Va
66
Jan
19% July
20
Sloss-Sheffield
•
53
M; 7%
-
Oil
Corp
Skelly Oil Co_„.
'
•-
—.
Simonds Saw & Steel
23%
4%-
..15
—
Simmons Co
17
37
Oil
Corp of America
Silver King Coalition Mines
71
52%
Union
Sheraton
_15%
*16%
*22%
1
Sheaffer
39
15%
r'V..:- 71
k
37
26% Apr 29
87
May 16
19
'71.'/
29%- 30%
8%
8%
-V
Not
110% July
8% Mar
91% May 18
17% Sep 19
64
Sep 20
27% Feb 26
Gas
$3.50 cony pref ser A——No par,
Shattuck (Frank G)
__.No par
(W A) Pen Co
No par
81:t 81
■'
3!
32% Apr 18
40% Feb 16
39% May 11
70 V:;-
'
Oct
Dec
112% not
116
18
32%
V'v" 19 4-
Jan
65%
24%
64
May 8
34% May 29
Mar 30
Jan 28
100
Aug 14
61
July 11
110% Jun 28
10ay4Nov 7
37% Jan 18
77% Feb 8
39% Apr 18
17% Feb
8
49% Apr
9
23% May 11
22% July 11
24% Jan 17
113% May 8
45
22
31
x23%
-
118
25% Aug 13
31%
.
*148% not
14%
113%
♦48%
6%
17
15
28% May 28
115% Jun 13
38% Feb
4
Sep 20
18% Feb
Jan
69% Jan
92
lli/a
22%
11
38
10
Nov
Dec. 20
23 y4
20%
Oct
Dec
138
f per share
56%
59%
Nov 30
107
Dec
126
139% May 10
47% Sep 10
19% Feb 26
110
115%
2
Friday
113
10%
117% Feb 15
Jan
18%
Dec. 16
22%
150
112
55%
126
27% Nov
115% Jan 10
108
108
6 per share
112 #
30% Jun 10
103
113
Mar
1
19%
Monday
Dec. 14
I per share
July
39%
18
14%
41
49%
*103 y4
"
10
35%
19%
106
14
66% Nov
67
May 14
105% May 22
li
Sep
34%
*47%
,18 £.",18
55
71% Apr 27
26
*35%
*38%
*103%
Dec
9
102
25%
25%
Dee
26%
Oct
Nov 21
15%
34%
25
25%
16% Jan
78%
15%
12% Jan
18
9%
78%
78 % ; 79%
15% ' 16 *
*100y3'l02
.
16
31
400
,
tper share
Feb
98% Dec
111%
53%
1
Sper share
30
6
53
106
no y4
*112%
23%
22%
106
*
Highest
63% Feb
Dec
32
127%
113%
105 %
$ per share
11% Nov 22
119%
127%
112%
128
127
*il2%
105%
Year 1945
Lowest
38
99%
22%
106
110%
128
113
113
53%
53%
22%
22%
♦107
109
32%
32%
t per share
14%
41%
57%
105 %
22
128
Range Since January 1
Lowest
Highest
Dec. 20
$ per share
13%
'
Range for Previous
Friday
.
Sper share
98
39
Dec
not
not
Deo
not
deo
Deo
deo
Dee
Deo
Dee
Sep
not
Deo
Deo
not
40% Deo
116
Deo
49% Deo
J
■
KTV;
AASfe:1;
:
.
'
j.
■
,/A'
"■
'.
-v..
'•
i,
Iff-
-.A
■
'■
|v It >,,. j
:
CHRONICLE
THE COMMERCIAL & FINANCIAL
Monday, Dec^ctibcr
NEW YORK STOCK RECORD
v
LOW AND HIGH SALE PRICES
.
Ean«e for Previous
• Year 1045
.
Tuesday
•Saturday
Monday
Dec. 14
Dec. 16
I per share
t per
31%
32%
32%
*98
IOO
$ pkr share
$ per share
111%
111%
113%
11772
57%
57%
57%
57%
5774
573A
57
577a
41%
41%
41%
41%
41%
41%
42
407/
41%
68%
67%
68%
67
67%
68%
68
57%
56%
57%
40%
41
41%
68
68%
68%
33%
103
667a
,
*101
103
13%
*100
V;
1374
13%
43%
43%
43%
38%
38%
39
39
*19
19%
*47%
48
*101
•;
*18%
103
16
24
24%
22%
22%
15 Va
15%
'42%
2474
22 7a *
1157a
22 7a
167a
13%
*417a
,
-
.
47.%
*101
15%
<
9% Jan
t4%
JJE
2,1
.
toe
20%
300
500
5,200
104%,
16
157a
16%
x23%
23%
24
243/4
,
24
19% Aug
105% Deo
500
r: 483/4
*101
104%,
15%
200
39%
32
Jan
'
.
48
56
13*%
Jan
6,500
•
41
3974
Jan
33%
4,800
13%
41
43 7a
*397t
40
*18% '19
19
47 f:
.
13%
«*.
78% Jan,
38%. Jan
.17,700
18,000
31,300
2474
100% 1007a
14'""
42
19
104%
15%
23%
23%
42
"
47%
•1031
.
•1007a
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677»
2,700
69.
24%
t per si
234 Jan
400
122
-
2474
103
*38%- 4d.
40,
19%
;-b
23%
13 y$'
42%
£
47
•
16
'
19%
103
*15%.
22%
24
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13%
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-•
4874
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15%
13%
.
197a
,
477a
22%
101,
'
101
103
13%
*42%
,
23%
23%
114
120%
Hiffh
♦ per share
45,500
38,
114
105
'
23%
347a '
35%
Lowest
Shares
t per share
*102%
103
110
111
32%
g, ''
Week
the
Dec. 29
112%
33%
»101
99%
110
23%
Sales for
Friday
331/2
103%
32%
33%
57
23%
/
Thursday
Dtc.tr
Dec. 18
3 per share
share
*98%
107% 108%
Wednesday
Dec. 17
2474
2474
21%
21%
16
1674
'
§;v; 20%;. 20%
*107
227a
153/4
167a
20%
19%
20%
203/a
S 213/a
13%
'
13%
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119
11%
21
21
*105
-110
8%
8%,
rrt; 8%
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8%
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11%
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11%
21
20%
21f
-
44%;
4474.
437a
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'
'
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.
\
108;
'
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108
•
109%
,
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46
47
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237a
Si 227a-
22'-
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23
21%
103% 104
8%
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.
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...
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t
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v
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102 %
103
103 v
874
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•
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8%
.
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*
-
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8%
;
.
1274
67a
Talcott
113/4 Jan
6%
674 Dec
18
I674
167t
Tennessee Corp
Texas Co (The)
143A Sep
10
5974
61-
117a
533/4
Inc. (James)
__9
Telautograph Gorp i.——^.5
:
l
5
117a
-
167a
-
167a
•
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{ 18
Texas
Texas :&
55
'
*117a
117a
$2.40
577a
-577a
*10%
117a
1074
./.16%
>163/4
*16 7a
167a
167a
15 74
1574
s 1574
153/4
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507a
517a
aaa
49*
-
.
49
.
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6 7n
*1033/4
104
67a
3874
40
6%
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37
*
'
v."
19%
447a
;
19%
193/4
44%
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.*45 7a
110
3974
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49
13%
;
48
13%
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38%
38%
38%
49
487a
"
53 *
*
13
~
947a
112
2174
13174
t
;
I"
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14%
15
1B%
ft
19
5274
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52V4
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137a
.13%
137a
297k
29%
297a
••-'>--•94;
A
/
95
*113%
53
93
>4,
95
.i .: *113%
114112
I per share
5474
./137a
>
13%
29*
fialpo #ni»
Dec. 20
287a
53
M137a
'
*104
*103
1057a
22%
22%
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75
30
87a
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73
3074
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..
967a
114
114
114
112
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112
14%,
;
30%
39
t.
C
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9%
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49
.
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38%
40
5074
50
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14
1374
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.
51
25
.
...
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117a
20%
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13
337a
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7%
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?
207a
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13%
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v,
87a
8%
49%
,
108r
49 %
49 Va
4978
49
9%
97a
10
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107a
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90
90
90
f
90 "
147a
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41
137a
14%
46
247a
247»
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14
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127a
1274
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127a
117a
11%
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20%
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20%
317a
104
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207a
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1027a
A
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,
15 Va
103 y2
194%
33%
447a
774
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44 38
78%
21 a
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40
74
68
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r
V
95
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,
.
8
70
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10
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52%
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79
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72
*148
For footnotes
see
149
page
•
3307.
157a
79
7%
77a":
97a
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.k
7a"
10
40
73
73
72 V2
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74
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looy^
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.
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79
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.
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35
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•
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16
10974 110%
7%
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12
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,
397a
noo
54
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137a
207«
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109
27
,
127a
♦186
194%
34% 347a
*
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" 95
"
44
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39
707a
433/4
97a
107
"*71%
.
14874 14874
155
43%
;
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;
>
♦148
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95
447a
>:77a
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•
267a
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3374
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44
207a
/
3374
,,
44
,267a
A
'
194%
,♦186^
1017410174
783/4
149
15
347*
v
44'
♦100% ioiv4
53
547k
537a
547a
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155
447*
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39
677a
44%
774
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104
.15
: 1057a 107
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7
7%
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15
1057a
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26%
71%
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105 :
20%
.
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95
44%
/
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33%
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10
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105-
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397a
103
,
157a
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r
14%
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117a
21
5174
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14
127a
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,
517a
247a
108
12%
117a
"
4974
45
51
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.*
4
' *
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50
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108
37a
44
'43
247a
24%
4
14
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50
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.
8%
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37a
,
247a /
1474.:
32
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,
90
.
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.
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;
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,
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99
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^ *297a
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-
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36
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^'98
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22%
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37a
■
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-
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31 '■ ?
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37a
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;
4374
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ff'^ i 8y$
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80
*
105
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>
■
87a
'
18%
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30
132
36
227a
2174
>
1057a
*100
437k
*73
99-
•
21%
133
1874
-
25
57a Oct
10
A
32
Oct
—
137a Jan
-
20
68
29
t
Jan
31
167a Oct
10
112/ Feb 20
267a Jun 14
3874 Oct
9
6674 Jan 15
137a Oct
10
217e May 20
-
183/4 Dec
2
10!
..
2
5
NOV 26
.'Jan
16% Jan
24y8 Apr 20
5
Corp_*i
;Jan
July
106%:Oet
=4% Jan
45
No par
Axle
13
•
18
1127k Jun 12
9
17y2 Nov 13:
"997a
&
Williams
St'L
Nonpar
preferred
.
4474'
.774
26%
187a
*9 7»
40ya
-
*72
95
45%
"7 3/4
27
1874
10
.41
73%
74%
♦1007a 10iy4
A 55%
56
;
1487a 150 <
.
,/
74
487a
78%
7374
147%
507a
79
747a
148
the Week
Shares
.14:
-
w
50
Sep
10
Apr
Mar
71
Jan
9
26
Jan
33%
Dee> 4
57a Oct
.—No par
Fep
7
18% Jan
Corp
-...No par
Fox Film-Corp
No par
preferred:
No par
$4.50 prior pfd
No par
Twin City Rapid Transit——No par
5% conv prior pfd
I
:_50
127a Jan 29
10
114
105
16
$6
.
Twin
* per share
1067a
'36/
;
,
102 ; Oct
1
Cen
.
.
Coach
Co—
1
STOCKS
99V*
99;,
217a
1327*
♦105% 1077a
367a
37
1
137a
447a
Dec. 19
112
*104
697a Jun
$1:50
Thursday
13% '
297a
28%
9974
217a
132
^
1374
14
137a
217z May 14
'8
20th
•
£
♦99
,
13%
X46
137a
30
3874 Oct
i
106
46
13.
48
;
94 a
957»
*1137a 114
114
s
13%
.
*45 7a
107» Aug
X1474 Oct
R)
Truax-Traer
.
537a
"137a
-
*104
*1003/4
' 53 y* July
7
;.25
(J
Tri-Continental Corp »—____—__1
48%
106
3874
16
•
39%
*47 7a
Feb
1874 Nov 30
Co
ITransamerica
187a
*1003/4
177a Feb 16
70
i4
Transue
1097a-
49
-
6% Jan
36% Jan
18% Aug
13% Jan
30% Jan
i •"».*i
8% Apr
9% Mar
207a Jun
167a Dec
Steel
Transcont'l & West Air Inc
77a
187a
$ per share
137a
937*
3974
109%
3
3
30
9
Roller Bearing
'•
187a
Dec. 16
52%
*113 7a
?18
Oct
May 28
97a Oct
Detroit
2074
106
48
Mondav
$ per share
137a
-
Sep
Sep
48
:
18
Sep
6 .
61% July 26 '
307* May 9
Corp.No par
(The)____
1
Timken
-
7%
7%
*109 74 HI
10
.
Transit
Timken
45%
1474 v 147a'-
7
,
1374
127a
Dec. 11
5274
153/4' 16
.
-2074
-
44
*477a
13%... 14
Saturday
197a
1574
20
-
-
*10074
1027a
137#
1027a
110
*18-
187a
387a
"• "7%
7
.
"18%'
38%
103
20
*15
7%
*109% 111
7
447a
14 y4
19%
16
26
147a
f
14%
207a
16'
;
193/4
43%
20%
1474
19%
20
1047a
15
267a May 10
65
;
7% Jan
,
11% Jan
48% Jan
3
Thompson Products com_—No par
4%
preferred
:100
Thompson-Starrett Copar
$3.50 cum preferred
No par
Tide. Water Associated Oil—
_10
$3.75 preferred
/__•
No par
6%
1047a
i9
16
50
•
July 11
32% Jun
20
Sep
s,
18
30
Sep
47'
_l
comraon___
•
Avenue
Thompson
-
-38
197s
1047a
4974
*47
*10074
67a
Co
diiv conv preferred.:
Thomas
l16
377a
197a
433/+
111
387a
,•
—
38
*1033/4
14%
*108 7a
674
*37
19%
20
^:.15%"'i5%
-%.7*%''7%
*
104
./67a
Third
•
-163/4
507a- -507a 1033/4 104:7
104 %
44%
1474
--
$2%
14 y« Oct
13 7* Sep
;
6074 Jun
,9
351
_100
lNo par
Thermoid
:
117a.
—
1974
:
*
*1033/4
f
7%
11
-
1047a
,19y*
19%
*103% 1047a
>
11
—-10
Co
Oct
7% Jan
13
; Jan 15
257a Jun
3
68% Aug 21
Feb
21
Mfg: Ce
.i.
5
pfd l_____i__No par
conv
1974 May 16
'
46% Sep 10
The Fair
-::il74.-'1178
" 567a
,
'_1
;____No par
Pacific Land Trust' _______1
Pacific, Ry
25
26
97a Mar '4
Thatcher: Glass
18%- 18%
-
52 ;
25
—
Coal & Oil
407^
16%
543/j
Texas Pacific
16%
487a
167a
—
Texas Gulf Producing
Texas Gulf Sulphur
537a
537a
2474 -24%
247a
Wl8
/
167a
3374
4874
V
*
*16
..
t
337a
277a
> 543/4
v
4674
27%
167a
••
.
23
46%
22
/ 59%'
477a
.
105.3/4
22%
26%
•
,
105,3/4
~
7%
5374
X
21-7a
46%
1374
*24
.
'
137a
223%
4674
,.16
33 %
•
t
13
1067a 1087a
*22%
"
87a
457a
r
217a
..
217a.
-
■".Oil:/ 11
'
13
v,:
207a
8%
45
'/
119
16%
6%
16%
*
1
87a
45
707a
707a
„
*11874
4474
33%.
27%
21%
22%
""
87a
15%
'J '33%
'
34% ''
33%
!
8%
8%
44'
44%
11%
12
' 20V4
20%
*08 :110%
rr:; 22/
22
*45 %'
46%
1087a
*107
71
70
*11874-119
.
»
'
16 j "
47
28
27%
*10374 103%
"; 6%
87a
*1274
*46
.T
16
15%
34%
277a
34%
•/22.t
'
'
27%
-/
14%
'
8%
43%
f
•
2178.213/4
e-14%--14%
1067a 107
71
*118%
-
■
'13%
107%
70
■»
•
1%
119
*118%
a
••
108%
70
tll874.119
8%
.
*21%
16
*107
70
70
22
15%
13
1087a
72
*70
*118%! 119
X21%
16 y8
19%
" 13%
108 %
*107
xl3
22%
15%
207»V 207a.
-
13%
13%
.
/
♦22
NEW vowv
/.
46 7a Nov
!
8
637$ May 11
10
9
24 - Apr 30
.7174 Apr 30
26% Jan 29
Oct
'
"•
'"•
^
ii-
•
Range Since Jannarv 1
Lowest
$ per share
Highest
103
KM
>26%
34%
102
-
May 11
1067a Jan 10
11 Va Nov .19
44.
A
79
16
117a Oct
Mar
227a May 28'
21
30272 Dec
•
STOCK
EXCHANGE
Sep 25
"Sep .9
37 y« Oct 30
,5,
,
>-
per share
Mar
Mar
Mar
May
9% Jan
42
. Oct
14% Jan
Range for Previous
fr
t--
Jan
Jan
;
:
Year 1945
Lowest'
•;
$ per share
Highest
J per share
'■"
■•
r
11
1
mm
*
14
,Dec.
$ per
5%
5%
v.. 9%
' »%
♦97% 104
•
•
:
i
■
\
45 '
*42%'
20%'"20%
-
8%
♦
196".
18_
*%.
8 "D
_r
1Q3
,
9%
•
*180? 196,'j ~
roflSA
99 1L
•
-
*186
n
26%
27.;
►
27 %
42
*20%
i
,
20%
8%
%%%
81%
•;
196 '
8a/4
1)1
99
"186
5%
9%
"
Lowesi
•
*98
196""'
8%
993/4
...
*186;-. 196
i
v
,
-
i
-
82
4,800
83
non*c
440
-
2d pfd-5
100%
preferred
T
8e<p ^
"41
Sep 10
,18% Dec
2
.16 %-
-
:
*37
37%
*36
.19%
19%
/
16%
/
17.%
38 r :
19
18%
-16%
,
19
*
16%
37
19%
37
19%
M6%
16 %
-
*34./
i
.
•
*88
94
19%
34%
34»/4
36%
36%
19%
*19%
193/a
*34
35
19%
343/4.5 35
1
.
94'-
*88
*88
•
-
97
*88
<94
*88
90
97
37
1
19%
35
*45
<
102
102
*101 %
43
42 3A
42%
39%
39%
37%
155
423/4
140
150
I
Dec
;
May 14
25
Nov 21
200% Apr 23
49% Jan 10
97
I
*44
453/4
1
800
;
120
*101%
IOP/4
6
6%
72
72
118%
118%
*83
90
*101%
1013/4
6%
71
*118%
*83
Vicks Shreve
,5%
.
7
3
120
42%
42%
41%
42%
39 Ve
40
1,200
37
37
*130
140
*130
160
*145
1G0
*145
37%
140
160
Nov 23
10
40
Preferred
Oct. 30 *
83y»Oct 19
91 Va Nov
15
'36y4Sep 12
100
39
Feb
'
Jan
21
4
40
Dec
25
37
Sep 24
32% Nov 21
130
100
Oct
145
23% Aug
|
'
Sf
Dec
1 200'/
f
Nov
f
48% Dee <•?•
.
51% Apr 30
10
Dec 14
32
Dee
■i
22%
13% Apr
Dec
60%
Jan
Nov
24% Dee
f. 7
,
113
May 28
86% Mar
115
104
Feb
Dec
90%
*03 ;
Deo
15
53'
May 28
108% Aug 23
12% Jan 29
5
23 ; Deo
t i Dee
••••
21% Jan
99% July 10
123% Apr 10
105
Apr
9
25
100
Jan
Jan
75% Jan
17»1 Mar
■■IJvcMar
5
,
'
1ft
'
8
5% Dec
80
0% Dee
16% Deo
121% Doe »>/
98% Jan
25% Apr 30
58% Apr 24
26% Jun 17
2
pfd—100
!
Nov
50% Dec
0
63% Sep 20
117% Dec 10
100
_100
-
Apr
Dec
No par
Virginian Ry Co
6%- preferred
Visking Corp (The) class A
Vulcan Detinning Co
1,200
,15% Sep 19 "
100
6% div partic preferedVa El & Pow $5 pref
2,500
40
37
Oct 30 '
,35
Works——5
Va Iron Coal & Coke 5%
40
135
-
preferred
cum
Va-Carolina Chemical
90
40
V15%
30
32
:
.
.
Apr 10
101
17% Nov 22 4
Pac Ry—
100
preferred—«..-,«_lOO "
Chemical
3%%
900
&
non-cum
Victor
6,400
72
119
'
22
4
77% Dec
Vertientes-Camaguey Sugar Co_6y2
Vick Chemical Co—I——.-2.50
.
July 25
27% Feb- 7
110% Jan 10
100
•
$ per share
•54
187-
,JVo par
Van Norman Coi—l—-—2.50,
,Van Raalte Co Ino^
10
100
94
*91
42%
*145
;
20% Apr 10
128 • Jan 24
11% July 22
Nov 22
Vanadium,Corp of Am
1,206
363/4
135
150
35%
*90
90
363/4
*130
700
10,900
45
72
*39%
36%
140
*145
145
145
43
*42%
4,600
.I
203/4
97
118%
*83
43
*130
140
*130
90
40
37
363/4
36%
*83
19%
34 Va
'
94
44%
6
*69
118%
37%
*39%
40
*39%
90
363/4
2,500
-
*90
53/4
72
118%
17.%
363/4
*88
45 '
,
*101 >-101%
6
72
118%
20%.
16 Va
97
*44%
102
6
74
118%
*83
90
*83
,
*118
•45—
102
-
6
*72
74
118%
45-
r
102-
:
44'ft
6%
*6%
*72
*118
45
44%'
~46 " V
'
•
90
*88
•
•
.
4
;
195/a
35
<
97
*88
19%
19 Va
19%
16%
36%-; 30%-
'
'
19%
20
16%
17
8
0V
.
V
18% '19%
*16%
.
23% Aug
46
Sep
Jan.
4% Jan
9% Jan 28
10
NoV 22 :
Highest
S per share
3ep
va
7% Oct
vteferred J—>—No pdr
United Wall Paper
:2
4% cdm conv pfdi
-50
4%%
'Iptf share*.
55% Jun
coxivr
Lowest
29% Jan 14
•
203/8 Nov 22
vniversal-Cyelops Steel- Corp:
Universal Laboratories Inc..„-iJ
Universal Leaf Tob_i
«—No par
8%. preferred
_ioo
Universal. Pictures Cot Inc___L^
i
180
26Va:/27%
81 %
.
500
200 "
5,700
f
263/4 '. 27%
82
$6
11,200
42 % : 42%
21.-
.8%
United 8to»*«-$4.20
.
500
Year 1945
Highest
!
« per share.
8 Tobacco Co»
-No par
7% non-cum preferred
25
Dn ted Stockyards Corp.^j
-l
1,900
Range for Previous
Range Since January 1
^-Pat:
U
6,80(5
.
9
>
*20% '
~
26% v 26%'
81%-81%
8%
43%
20%
99
4,400
'
8%
98
97%;
9%
,
•'
49
9Va
:'
20 Va
"
*48
53/4
.8%
*42;
>8%
*186
26%
'
"
'
196
81
■<•
V 81%
81
*80%"
-
42 v.
'•'
!
105
•
8%
.
EXCHANGE
Shares
;21%r-22
-
53/4
•9%.
105
8%
**
'
49
53/4
9%
/
"
•
the Week
Dec. 20
4
$ per share
21 Vs
.
*48
107
.
8%
'
21
6
9%
*105
105
"
6
„
;s% .>,8%
"H7%' .3"; 8:>l"
*42 '
41 rL. .•, •. ;-43",- '43' i
-f
*20% :i20.%,"
•' '
.8%
8% • .8%.
•.
8%
99
99
'
."'".99 • ,100/",
'
*186"
6
•.
$ per share
20% ,, 21, *
*48- / 49"'
id
49
6
per-share
STOCKS
NEW VMW, o^DCK
.,
Sales for
Dec. 19
;
% S
,
21%
*48
Thursday
,,/Dec. 18
.
100
99
irtA
,07 /2 104
r
-21%
f<st
Wednesday
,
8%
•
SALE PRICES
$ per share^
m/l
FINANCIAL CHRONICLE
NEW YORK STOCK RECORD
i
Dec. 17
6%
;
1V
7%
- ■1 ii
Tuesday
49
*48
49.
5%
-
'
21%
21
20%
♦48
-
m
„
$ per share
share
90 34
THE COMMERCIAL
Monday
/ Dec. 16
Rnintdftf
\
^
Number 4553
164
ir«lume
53
July 3
45% Jan 30
Jan
24% Jan
"3%
45% Deo
Mar
59% Jan
Sep
118
57
Jan
0%/Ded
81
|
Deo
*24
No?
83
Deo
45% Jan
65
Nov
.1
36% Jan
43% NOV
;
52
Apr 29
170
Mar 29
120
Mar
165
178
Deo
May 11
145
Mar
173
Deo^l
Sep
78
NO?
I
Jan
30% Jan
20
Deo
;
42
Deo
W
.
65%
18%
35%
67%
*65
18%
18%
35
35
106
106
65%
183/4
353/4
353/4
35%
*104
107'
24%
24
12%
113/4
11%
65%
*18%
19.
*104
24%
237/a
65%
17%
353/4
35%
107
24
107
233/8
12%
12%
65%
17%'
107
23%
12%
*62
65%
17%
35%
107
233/4
12%
*62
.
.12%
65%
65%
300
173/4
*173/8
173/4
1,000
353/4
107
23%
23 Va
12%
12%
*35%
36
900
*105%
107
Wabash RR 4V*%
Waldorf System
80
23 Va
12 3/8
24%
preferred
Walgreen Co^
4% preferred
Walker (Hiram) G & W
24,200
123/4
8,800
Walworth
T.
16%
16%
16%
16%
16%
16%
16 Va
6,300
Ward
103%
103%
*1033/8
104%
*1033/8
104%
*1033/8
104%
*103%
104%
*1033/8
104 %
10
17%
17%
173/a
17%
17'%
17%
17%
173/8
17%
17%
173/a
173/4
21,900
25%
25%
25%
25
253/4
26
26%
2,100
30 V*
30%
*30%
30%
30%
31
1,700
Warren
26
26%
1,600
21%
21%
1,400
No par
;_100
No par
No par
new
Warren Fdy & Pipe
31%
.
16
15%
26%
.
25
25%
31
30
31
263/8
263/a
16
*24%. -25
30%
27
26%
16
16
.
30%
Co
Baking Co
—1
common
5%% preferred
Warner Bros Pictures
Corp
Washington Gas Lt Co
Waukesha Motor Co
27
26%-
26%
22
*21
21%
21%
21
21
21%
21%
*26 %
27%
*26%
27
26%
26%
25%
25%
25%
26
34%
34%
34%
34%
34%
35%
*34%
35%
34%
35%
35%
35%
1,300
11
11%
11%
10%
10%
11%
11%
2,500
Webster
38%
38%
383/4
39%
39
39 %
39%
39%
1,200
Wesson
Oil & Snowdrift
88%
87%
87%
$4
preferred
34
33%
343/4
10%
10%
10%
11
38%
38%
38%
38%
87
87
*87
87%
*87
87%
33%
34
34
34%
34
34%
,
112%
112%
111%
111%
119
*117
119
117%
117%
117
112%
*111
112%
*111
1123/4
*111
*114
115%
112%
38
113%
9%
112
40
41%
*111
2,400
7Va
7%
63/4
7
1,700
Western
15%
153/4
*15%
16
4#
37%
39
37
37%
373/4
38%
38 3/8
1,200
5,300
78
74
74
19%
19 Va
203%
38
•
*11
-.
78%
*74
19%
19%
19
*10%
12%
32%
*76
79
,
19%
"12%
31%
•
32%
31%
24%
-
25%
*10%
12%
32%
25%
24%
<
315/a
25
70 3/4
*11
25%
26%
25%
26%
42,500
93
93
91%
91%
91%
49%
49%
49%
49%
51
52
34
33%
33%
33%
33%
333/4
69
*60
*100% 102
*100s/8
*60
69
102
101
101
6
10
14%
14%
39
40%
39%
41
97-
97
97
720
34%
33%
33%
34
34
34
34
400
255/a
25%
25%
25%
26%
26%
26%
5,400
16%
4,700
15
56
15 Vo
16 Va
16%
87
*85
87
31%
31%
*31%
313/4
6 3/4
6%
6%
6%
63/a
93/4
9%
9%
9%
10%
9 Va
10%
10%
10%.
14%
14s/s
14%
14%
973/4
*951/4
973/4
963/4
963/4
16
15%
15%
16%
*145
165
*145
165
*40%
42%
15%
165
42%
14%
*96
15%
*145
*40%
14 Va
98
153/4
165
14% ~*143/4.
*963/4
15%
*145
42%
*41%
47 Va
473/8
>
42%
*40%
483/4
47%
48
57
57
57
92%
92%
94
*92%
95
*93
95
99%
99
98
98
*96%
563/4
98
97
85
*80%
«.■ ;
15
66
'
v
*96%
85
*80%
66
66
*14%
143/4
15
47
553/4
47%
57%
47.%.
57%
59
59
59%
85
*80%
85
*81
35
*82
x653/4
653/4
.66
66
66
67
'
Monday
Dec. 14
flee. 1ft
# per share
V1
.
$ pet share
*
300:
85
67
14%
143/4.-
14%
14%
14%
15
Tuesday
Dec. 17
# per share
-
•
Wednesday
Dec. 18
t per share -
Willys-Overland
1,800
15
1,200
—'-i—l
'-++-X
Corp
11% Nov
8iyaSep
30, Nov
5% Oct
9
Nov
12% Sep
95% Sep
Wilson
&
$4.25
Co
Motors————1
Inc—
—No par
preferred
No par
Wilson-Jones Co
Wisconsin EL Pow Co 8%
Woodward Iron Co.—
1,800
400
Oct
105%
Deo
f
29%
Apr
50
Jan
14
Thursday
.
Dec. 19
$ per share
Sales for
Friday
NEW YORK
the Week
Dec. HO
14% Aug
24% Jan
21% Nov
35% Mar 14
20
33% Dee
29 y2
10
Sep
16% Apr 20
43% July 11
89'% Aug
8
45
119
Mar
32
21
11
19
10
22
l»
24
Apr 30
Aug
Jan"
30%
May
16% Dee
24
Jan
38% NOV
84% Apr
23% Mar
89% Nov
37
Nov
100%
Jan
113% Nov
6
109%
Jan
118%
Oct
101
Jan
112
Deo
117% Aug
7
119% May 16
53% Jun 10
113% Sep
116% Apr 11
106
Jan
3
Deo
Jan
22% Mar
9
13% Jan
32% Jan
16
32% Jan 17
4%
Jan
118% Deo
40
Deo
115
Deo
8% Deo
81
Dee
14% Jun
37% Jun
53% Jan 14
13% Feb
30% Jan
64% Jan
43% Aug
32% Jan 14
41% Jun 17
26% Jan
27% July
38% Deo
39% Jan 30
95
Dec 11
31% Aug
87% May
56% Jun 14
101
Apr 24
63% Jun
18
45% JUn 27
107% Jan 31
Jan 11
Jan
16
62% May 29
107% July 20
67% July
92
Jun
50
Oct
35
Oct
July
45% Dec
27% Feb
100
Oct
105% Deo
30%
64
Jan
101% Ajig
31%
Jan
43
78
t
Deo
I
Feb
107% Jan
.47%
Dee
44
May 28
87% Jan
21% Jan
Jan
28
26% Jan
23% July, 10
Jul/11
36.
30
35
Oct
12
Dec
105
May 21
12% Jan 29
26% Jan 18
21
July 10
July 26
7
21% Feb
103
Oct
31% Dee
47%
Deo
8% Jan
18
Deo
83% Jan
94
Jun
-
Jan
6% Mar
16% Mar
26% Jun
10% Jan
19% Nov
13% Jan
22
101
160
34
62
84% Sep 30
87% Sep 27
80 V* Sep 5
59% Oct 7
13% Dec 2
•
47% Dee
0
1
122% Feb
142
Mar 5
Feb 20
43% Sep 10
47
Sep 19
il;
Deo
5
47% Jan 31
-10
Jun
14
May
62% May
74
Aug
100
Apr
31
29
128
Jan
22% Jan
40% Jan
Deo
138% Deo
i,t
37
No?
h
63%
Deo
70
||
Nov
13
38
Jan
25
70
Jan
May 10
80
Jan
100
Nov
100% Not
I
4
75
Jan
110
Nov
I
1
68% Mar
84
Oct
103
100
Feb
82% Apr
25% Jun
•
6
—
'
i;.
["
Range for Previous
Ranre Since January 1
STOCK
Year 1045
Lowest
Highest
$ per share
$ per share
tper share
61% July
EXCHANGE
Shares
$ per share
Dee
34% Feb
pfd—100
(F W) Co—-_—i—10
Worthington P & M (Del)
No par
Pricr pfd 4%% series
100
Prior pfd 4%% conv series—WO
Wright Aeronautical
—No par
Wrigley (Wm) Jr (Del)
No par
Wyandotte Worsted Co—
5
60
16
30% Jun
44
15!% Oct 29
—10
Woolworth
•
€
91%
23% Aug 29
STOCKS
tow AND HIGH SALE PRICES
Saturday
28,100
12,300
9,200.
2,700
100%.
i*
conv preferred..
No par
Prior preferred i-i&m**---—-20
Wilcox Oil Cq4a—
-5
42%
48
«. Ml —— —
I
Dec
100
Oct 22
36% Nov 22
$4
165
♦03
*96%
153/4
...
Dee
16%
72
21% Nov 22
Co
14%
Oct
106
90%Nov 23
27% Feb 20
Motor
Jan
8%
Aug 20
'63
conv
White. Sewing Maeh
200
98
.29 Vo Nov 21
98
Nov 27
White
4,000
6%
39
12.50
prior prefa--—par
White Dental Mfg (The S S)
*20
,
6V«
v
$S
200
*85
6%
*91
69
14%
33
48V4
/
•'
93
*66
87
*30
*40%
98
*80%
*85
30
6%
*145
563/4
*90
15
90
"
6 Va
16'
165
*96
30
14%
15
143/4
*84%
Brake—No par
Electric Corp
12y2
pfd series A
100
30
28
10
25
16
May 7
|
8%
90% May 14
18% Oct
11% Oct
26% Oct
21J/8Nov
91
Dec
110% Sep
7
35
Oct 10
71
Aug
18% July 19
107% Feb 20
2
Jan
105
29% Oct 24
20'/a Jun
2
5% Sep 19
Sep 12
Sep 24
Air
Wheeling & Lake Erie Ry——100
5y»% conv preferred
100
Wheeling steel Corp
No par
3,600
97
•
14% -14 Va
42%
48 Va
70
98
90
*94
16% v
*40%
48 Va
69
102
9%
*
98
,
*16
*59%
*100%
cum
4
14
27
100
Elec Instrument
Jan
57
_10
100
A
19
19
30
10
25
7 V* Dec
Westvaco Chlorine Prod——No par
$3.75 preferred —
-No par
400
100
39%
32
"
100%.. 100%
3%%
Weston
600
1,000
99 3/4
Co
Ry_
;
series
Westinghouse
Westinghouse
310
<
33%
383/4
*30
6
9%
<
*84%
15
69
92
53%
33%
97
25%
-
100
92
*52%"
98
25%
90
33%
39%
*33%
25%
*59 %
52
98
34%
98
100
"
39%
393/4
32
*145
69
101
25%
15
15
♦94
*60
101
40 ft) £$... r
39%
97 '
97%;;.
34Va M ,-*331/4
*84%
100
69
.
13
93
1
Western Union Teleg class A-No par
Class B —
No par
21,400
25%
Maryland
100
non-cum
Preferred
9,000
91
993/4
*11
203/e
10
Sep 20
Sep 13
113% Oct
8
32% Nov 22
lllViSep 16
2nd preferred—100
Western Pacific RR Co com_JVo par
200
77
33%
49%
100
20
38%
33%
*33 ,v
100
•'*753/4
74%
33%
33%
99% 100
74
6,400
32%
48%
'
13
■
94 >:
*99% 100 •'
73
20% Oct
1
preferred
7%
71
;■
33%
*30
Corp
; 15%
7'%
10%
4
Sep 10
106
Sugar
15
70%
93/a
20
31
lNo par
7%
71
71
9%
25% Dec
115
7%
113%
48%
25%
3,000
393/4
113%
9%
No par
5
Wpst Penn Electric class A—No
90
38
Nov 15
18% Jan 24
6% preferred
100
West Penn Power 4'/2% pfd
100
West Va Pulp & Pap Co
No par
300
*111
9%
*93®.
*33%
114%
113%
85/a
9%
93
97
111
114
Sep 24
16% Oct 30
100
Indies
15%
25%
*39%
111
115%
115%
9% Oct 30
xilVs Mar 15
par
30
38%
Mar 26
3iy2Sep
85yaSep
29
Sep
108
Sep
conv
West
20
117
111
23yeNov 25
9y2 Sep
7%
V
32 A
*60
112%
117
117
Apr 12
105
5
300
10,500
13%
Apr 29
No par
15%
-19%
24%
35
64
14
54
22
Inc
21
3
1
7%
19%
12%
v,
*112
88%
Tobacco
86
33% Dec
.
5
17%
38%
71
*75
32
*111
34%
700
7%
79
19%
113%
9%
10%
70
.
38%
*13
*111
37%
*87
27
*15%
7%
17%
37%
38
1123/a
*26
4%% preferred
Western Air Lines Inc
Western Auto Supply
9%
70
7%
*15
*11
*111
10"
*68%
115
38
113%
*37%
38%
*111
115
38%
114
114
V
114
114
26%
*112
*117
*111
119'
*111"
112%
33%
*110%
*110% 112%
*117
*87
263/8
Feb
23% Jun
10
100
Wayne Knitting Mills
Wayne Pump Co
11
*21.
Sep 11
15% Oct
No par
5
Petroleum
*21
-
56
100
5
*20 V4
"
100
No par
Par
Lowest
Highest
j |
$ per share
H
L
40
16 Va
15%
16%
41V4
153/4
19%
19%
19%
19%
19 Va
673%
18%
40
68 y8
67
68
19
18%
16%
40
15%
15V4
20
20
66%
17%
67%
,
15%
\
18%
41%
41%
41%
v
66%
X17%
2,500
8,400
443/4
42
42
16%
43%
16%
44
16%
19%
16%
17
2ft
20%
20%
21
673/4
18%
67%
68%
18%
(58
68%
9,400
17%
173/4
18%
4,700
20%
9%
20
21
20%
21%
10,200
'
2,300'
33
Oct
10
13% NOV 25
27% Jan 31
32% Jan
13% Jan
15% Oct 30
35% Jan 17
19 V*
57% Sep 2
83% May 31
31
Jan 20
39% Jan
70%
89
Mar
27% Sep
42% Saft Ifr
14% Apr 10
Yale It "JtownO Mfg Co———A—————25
York Corp ——
—1
Young Spring is Wire—a—Nq par
Youngstown Sheet & Tube—No per
Youngstown Steel Doo*—P*r
34% July
5% Jan
44% Dee
13% Dee
NOV 2
15
I
Jan
47%
Deo
34% Oct P
31% Dee !
Dee
i
z
19%
20
••
v
.9 %.•,;•
19%
2Q%
19%
20%
19%
19%
,
3%
9%
9%
9%
9Va
9%
9%
9%.
4,100
iiiTnr.1
m
MlM «> «"• <M*
KB wowmotp.
tpe».rwl «*H
Zonite
Radio
♦*»
sate
V
s
Con
•«,'«» wA
Si MM «w mm tm
N&par
Products Corj»-4«„
jwiihijfa^w 1 aViiiiiiiwiNa.awi i m
*
•W m WW price*;
Zenith
M*4
i. nr.
Special sale*
-
—
»tttttaiMU1 iw
ii.?
1
.'.ii
wd When distributed.
'
n.-rViVi*
z-Xx-dlTidenda
yXz-rlghU
•4-4:
i-U
fee.'
.■
•
ii-
rjP.i
i','.
'#{&!"*
I
il£::J
THECOMMERCIAL &
^l^CIAtiGHRPNlCLE
Mondgy, December
$;^Transaetlonsiai| theINewl^fork Curb! Exchange
Ml Daily, Weekly
and Yearly
Stocks
(Number
of
Shares)
"
1Veek Ended Dec. 20,1940
,
Week Ended Dec. 20,1946
Saturday-.;—L—*
Saturday—.,—..
Tuesday
r
Monday————
Wednesday
Thursday
Tuesday
179,340
;.
•
Wednesdayi....,,,.,.,,.,^-^^
337,215
'
Thursdays.
Friday„__._^.__—
535,465
—
Total.
;
Week Ended Dec. 20
1946-
Stocks—No. of shares.
Y
Jan.
1945
6,892,250
rnrnmm—*mmmmmmmmmrn*nn
\ i m 11
n«[ m"
■ ■■■■
ml
$27,500
Foreign
1,360,800
26,764,400
Railroad & Industrial.
Total—
$28,152,700
268800
V
lSS nnS
71,000
181,000
6,000
33,000 '
287floo
2lq'nnn
15,000
5,000
1,000
$221,000
$13,000
$1,186,000
176,0001.
$952,000;
1949
192|000
*
Week Ended bee. 20
364,876,027
354,735,040
$113,500
2,676,300
40,309,500
,
Total
«79
$1,000
.
210,000 -
2,242,395
m*
1946
Stocks—No. of shares.
U. S. Government
136,000
•
$12,000
78,000
12,000
-
i to Dec. 20
1946
9,131,363
TotaL.
V
189,000
| 485,730
--
i
•v
$60,000
.
371,785
332,860;
„
Bonds (Par
Value)
ForeignForeign
Government
Corporate
v
Domestic
$18,975,650
$7,625,550
101,950,260
2,093,473,900
78,671,000
1,230,849,300
nniriftsMft
Foreign governments
Foreign corporate.—.
$43,099,300 $1,328,495350 $2,203,049,710
5,001,805
$952,000221,000
~
.
1945
2,242,395
Bonds
$2,138,000
451,000
33,000
13,000
Total
,
iil®Hg| Stock and Bond Averages :|gi|,;
averages
Below
listed
are
the
daily closing
the New York Stock Exchange
OD
n
V:v.
'Ball-•
trials
roads
;
December 18—_
December 19—
174.73
/
174.85
BondRecord
Saturday
Dee. 16
High
*102.29 102.31
*106.13 106.15
*108.17
Low
Tuesday
*102.29 102.31
51,62
:
93.14
106.80
103.52
103.78
110.39i
r93.28
106.81
103.56
103.85
110.43
93.58
106.79
103.66
110.29
65.20
103.81 U 110.55
103.93
102.13
107.4
-
WEEKLY
Thursday
Dee. 18
;";'t
Lour, High
Friday
/ Dec. 20:
.
Dec. 19
Low
High
Low
*108.17
112.10
*108.17
108.19
*108.17
108.19
•112.9
108.19
111.27
*111.24
111.26
;
*111.26
111.28
102.12
*102.11
102.13
*102.11
107.4
1Q2.13
•107.2
107.4
*107.2
11241
•112.10 112.12
*113.1
113.3
*114.16 114.18
•102.27 102.29
107.4
*112.13 112.15
113.4
*113.2
•111.25
/
106.77
103.52
93.28
106.89
103.63
93.21
106.94
103.71
Exchange
.
102.13
107.4
*112.13
GOVERNMENT BONDS
NEW YORK STOCK
5,000
112.15
Treasury 27/8s
Treasury 23As
Treasury 2%s
Treasury 2%s
Treasury
—Treasury
Treasury
Treasury
.Treasury
—
104.16
*105.11
105.3
106.31
104.27
*104.29 104.31
*106.28 106.30
*104.27 104.29
*104.10 104.12
•104.9
104.11
*103.30 104
ti|1 r
■
105.13
*106.28
*103.28 103.30
*103.27 103.29
*103.26
"
—-
*104.10 10442
3,500
■'
*103.28 103.30
*103.27
3,000
103.29
*103.26
102.22
*105.25
105.29
■
•4 *105.2 .105.4
jt*"
-
—
10,000
J
r
*102.20 102.22
*105.14
—
105.4
*101.31
,
*101.7
101.9
*101.31 1024.
•
—
*101.7
101.9
1 *101.6 :101.8*101.6
101.8
'
•102.6
102.8
102.3
*10fc.2
102.8
*102.7
2,000
102.9
*102.11 10243
*102.11
*102.10 102.12
*102.11 102.13
*102.13 102.15
*102.17 102.19
*102.26
|
10243
L
102.28
*102.21 102.23
••
*102.13
—
•
•
'
102.20
*102.26
112.21
Jan
113.30 Oct
113.2
Jan
116.16
106.6
Oct
107.15 Apr
102.24
101.3
101.5
*101.1
*101.4
s
y
101.3
'
2
,
.
L
... ,t
—
'
...
Odd
"r
1
^
lot
transaction,
r
Registered bond
'
•
_
Treasury 28
Treasury 2s
Treasury 1%S
I
107.15 Jan 28
106.28 Sep
105.19 Aug
105.24 Sep
108.4
107.1
Jun
108.15
100.28
Jan
103.4> July
100.18
Jan
102.17 Aug
Jun
7
Jan/
*——..1948
^Treasury IVis —.———1950
transaction,
Jun
7
107.27 Apr
2
107.4 Apr 16
107;? Apr
9
6
;
100.17 Jan
107.19 Apr
10045 Jan
4
2
107.9
4
4
107.10 Apr
106.15 Apr
5
12
109.15 Feb 18
400.30 Jan
106.16 Apr 8
106.15 Aug 12
102.9
100.20 Aug
2
Apr
100.18
107.25 Jun
Nov
July
'102.7 July
100.10 Jan
6
102.2
102.3
Jan
Feb
Feb
101.24 July
.
^107,28 Deo
101.15 Dec
100.23
Dec
106.29
Oct
107.26 Feb
108.17 Aug 12
107.14 Apr 3
108.21 Nov
108.21 Nov
100.27 Jan
105.1
100.29 Jan
2 ' 104.16 Apr 5
101.4 Jan
4
104.7 Apr
3
102
Apr 29
102
Apr 29
100.15 Sep
100.18 Dec
101.12 July
106.15 Aug 12
:
—
-•
108.17 Aug 12
104.22 Sep 17
■'
-
-
102.26
Nov
100.27 Dec
Sep
102.3
^
■
■
Oct
-•
103.28 Apr
102.9 July
102.8
Dec 18
102.8
Dec 18
104.24 Jail
g 104.24 Jan
103.9
Jan 17
103.9
Jan 17
102.20 May
102.27 Jun
102.26
103.7
■
Jan
5
103.22 Feb
:
6
^
51
102.20 Oct
101.29
Jan
*
104.3
*
''
4
102.10 Feb
103.16 Dec
103.30 Dec
103.1
Sep
104.4
Dec
f
Mar 15
18
104.14 Jan 28
100.25
Jan
103.13 Ma~ 18
103.1
Sep
104.26 Feb 18
100.17 Jan
v.-
....
102.22 Nov 15
—
•'
'
/
,
i;
:
••
104.29 Feb
•
'
21
.
101.14 May 17 •
101.3 Sep 20-
Nov
103.8
103.13 May 16
102.14 Nov 26
(
102.26 Oct
103.5
Dec
Oct
102.21 July
■
102.16 Oct 28
v
Dec. 1952-1954
^1953-1955
Dec
107.5 Jfm 17
^
t
2
101.15 Jan
1951-1953
1951-1955
'
$ Apr
106
106.28 Apr 3Q
Treasury 2s ———June 1952-1954
»
"101.6
a
r
106.11 Mar
110.15 Mar
113.20 Nov
—
101.16 Jan
..,
^
Treasury 2s
Treasury 2s
...
...
WOl.l
'noi.3
^
114.25 Dec
2
102.11 Jan
Treasury 2s ^.—^JSept. 1950-1952
102.28
*102.22
J
...
_
•Bid- and asked
price. //No;
113.3 Nov
1
118.23 Feb 19
102.11 Jan
1948-1950
402.15.
*102.18
^
•
Apr
102.22
Treasury 2s .—-—June 1949-1951
Treasury 2s
Sept. 1949-1951
.Treasury Ys ———Dec. 1949-1951
Treasury 2s
March 1950-1952
—.
—
—-
•
108.27 Aug 112.10 Jan;
102.4
*102.6
*
•
102.8
*102.1
,
196^1969
Treasury 2s ————1947
Treasury 2s
—..March 1948-1950
Treasury 2s —JPec.
...
:
—
102.8
.
109.22Feb
6
115.23 Apr 15
105.22 May 1
104.7 Nov 14
103
Jan
4
Treasury 2V4s ——June 1959-1962
Treasury 2 y4s —....Dec. 1959-1962
—
t-
1U.27 Apr
108.4
102.1
—
*101.30 102
a*10i.30 102
.
Jun
l05.29Aug 10
Treasury 2y4s
1951-1953
Treasury 2Vis ———.—1952-1955
Treasury 2y4s
—.1954-1956
Treasury 2 Vis
,.1956-1959
'
\
Nov
105.14
1
106.16 May
Treasury 2Vis —Dee. 1967-1972
...■
—
—Deo.
'
112.17 Aug i
17
—
1950-1952
—.1952-1954
,.,
v. Treasury 2 Vis.^ept.; 1967-1972
—
1 06.29
*105.2
.
4,000
105.16
*103.24 103.26
*106.27
-
Nov
—
106
Treasury 2Vas
1965-1970
Treasury 2y2s
1966-1971
Treasury 2 Vis——June 1967-1972
103.28
*102.20
*103,24 103.26
*106.27 106.29
113.3
111
17
102.12 Dec
6
Dec
1949-1953
Treasury 2Vis
—
103.28
*102.20 102.22
*105.13 105.15
2J/aS
2VaS
Highest
109.24 Mar
115.26 Jan
118.15 Mar 12
5
1948
—
i
106.13 Nov
.
5
113.12 Aug 12
1958-1963
1960-1965
—
Aug 23
.107.5
Treasury 2Vis
1956-1958
Treasury 2Vis ——..—1962-1967
iTreasury 2Vis
.—1963-1968
Treasury 2Vis ——..June 1964-1969
—
*104.28 104.30
102.22
*105.24 105.26
*102.20
2%s
2%s
Treasury 2368
106.30
*103.30 104
V
,:f
112.21
102.11 Dec
—1951-1954
1956-1959
Lowest
■
*104.29 104.31
•103.30 104
i
<
•
—1955-1960
..1948-1951
2 Vis
Year 1945
Lowest
*
—
*104.14
Range for Previous
Range Since Jan. 1
S;.
Highest^; .i
104.14 July 11
104.27 May 19
i'-'fii
110.3 Jun 26
111.18 Feb 19
EXCHANGE
—.
111.27
*102.11
*107.2
,
:>y.
—
Bonds
.
Treasury 4%s —--——1947-1952
—' "Treasury 3%s
—.——1949*1952
Treasury 3s
-.1951*1955
*114.16 114.18
*102.27 102.29
*104.14 104.16
*105.11 105.13
105.13
*104.25
ties'/
..
YEARLY
Sales for
106.15
j.08.19
102.12
*102.27 102.29
*104.14 104.16
*106-29
>
110.78
-
the Week
Bonds ($)
High
*106.13
♦107.2
*1134
113.3
*114.18 114.20
*105.1
Ralls
92.95
New York Stock
«»
106.15
*108.17
*105.11
40
64.19
.
65.34
*106.13
*111.25
*112.8
Utill*
Ralls '
37.50
106.15
111.27
112.11
Grade-
n
,
Total
110.54.
37.52
*106.13
108.19
*102.11
Grade
10
trials
*102.27 102.29
*111.25
*107.2
Indus*
52.47.<
*102,27 102.29
*108.17
102.13
'n/n
i
■
»
103.81
103.84
r
52.51
;
'• "iV.
'
10
Second
v->
64.37
37;04
102.^
108.19
107.4
Bands
10
First
64.43
64.40
37.13
•102.28
*111.26.111.28
*112.9
,:
•
•••*
Stocks
37.20
~
•102.28 102.30
*106.13 106.15
*106.13 106.15
*102.11
Wednesday
Dec. 17
low
High
-
High
*107.2
"%
XOW AND HIGH SALE PRICES
Monday
}Dec. 14
i u"
I.
wlO'
' '65
37.30
51.84
FRIDAY
Low
Utiil-
51.88
174.47
177.85
-
ii
Total
-
tie?;'
51.99
174.84
177.29
December 20
•
.
15
~Indus<-
•;
December 14.—
December 16——J
December 17——
i'"'".
'
.
J 20
30
y Date—
"
-„V -
.
"g'V./;■v;
c,Blocks'
of reipesentatlve stocks and bonds
compiled by Dow, Janes & Co»
as
———
101.31 Mar. 9
102.17 Mar 8
104.6
100.13 Jan
106.12
Jan
1019
Jan
100*26
Aug
•
Dec
106.12 NoV
101.23 Apr
101.19 Deo
■■■/■:>
>v
l®•
'!.]
w. fa<■11//$
fktw&Wh
.-1 •£•;;•■ \,v>;§ '• Vw?
..
164
Volume
..J.%
A.-V>'
■
' •"'&'• ;•;"*:;' -^■<r,,v,|:iv^v,v^
■
•
"^1 ■'
'Vw; mi/JV^i
RANGE FOR WEEK. ENDING DEC.
v
■■
ExchM,t
8tock
Trsnsit
HrM»y
W^v
r"4
1
'
S2S3V
;■.
•<-
Wtrit'ilm>
Week's Rug*
,
New Fork City
.
*'!AA^.#'tj
'*^*'
20
.
_
torn. High
'
c
;
i
..
He.
-
Lom
High
■
113
New York Stock Exchanger /
AChUean Cong Munic 7s
A7S assented.....
123
Addnese
112% 125% '•
(Hukuang By)
Colombia
114
Friday
'
Patted
„
Week's Range
*Mt
or Friday's - Honda
•ala Frtea
■.
■;
....
'
JkUrast
j-
rlfsMiiiHXt'V';
|
114
BONDS
„
Bold
•.
EM * Asked
Lorn
|
^1960
M-S
.i960
fis-.-_.i95l
US
High
Sold
-
,
<
; ~
January 1
Low*
No,
T
1
10
ao
19%
19%
3
18 VA
15%
K
..
19%
15%
1
14%
37
3/.
/a
,''28.i,v*
(Republic of)—
A6s Of 1928.
|
I
I
Range Sine®
19%
J-D
'
A6S
Of
3t external
..._._Jan l961
85
85
4
81%
85
85
2
81%
91%.
80%
55%
56%
55
70
-1970
f $ bonds
AColombia Mtge Bank 6%s
- 'ASinking fund 7s of 1926—
ASinking'fund* 7s of 1927—
s
m.
A-O
JsJ
Oct 1961
1927...'
A-O
56%
41
j
|
1947
A-O
.1946
M-N
.1947
F-A
Copenhagen (City) 5s„—
1952
J-D
12
81
25-year gold 4Mas
ACosta Rica (Rep of)
;
1953
Jf-N
92%
92%
93
17
88%
M-N
20%
20
20%
48
19%
REctor 2-2300
120
51%
2.
51%
2
93%
94%
1949
MS
;1949
F-A
*101
4%s external debt
.1977
J-D
*111 Ma
Sinking fund 5%s
1953
J-J
110
110
110
2
A-O
110
110
110
5
Teletype
Broadway, New York
NY 1-1693
56
59%
58
'
94%--
External loan 4%s
;
52%
:5i%51%
(
Members New York Stock Exchang<
*103
110
106
100
111
108%
..
104 ;
—
110
118
108 "
113
m
ACzechoslovakia (Rep of) 8sser A.1951
ASinking fund 8s series B
1952
lADenmark 20-year extl 6s
1942
A-O
;
101 Ma
F-A
100
A-O
98 Ma
100% 101 Ma
31
98
nr'"
98%
*108
J-J
:i955
1962
External gold 5%s
External gold 4%s
117
1947
AGtd sink fund 6s_. mm—mtmmmmrnmi—mmmmmmm 1948
(King of Norway) 4s
1968
F-A
4173
fADominican Rep Cust Ad 5M2S
IA 1st series 5%s of 1926
fA2d series sink fund 5M2S
75
•73
77
1945
J-J
jAExternal
s
f 7s series B
1945
s
f 7s series C. ..4
1945
j-j
AExterial
A Antwerp
f 7s 2d series
s
sec
AExternal
sec
1957
f 7s 3rd series__1957
s
(City) external 5s
1958
Australia (Commonw'lth) 5s of '25.1955
External
5s
of
■
97 Ma
33
90Ms 104 MA
External
s
f 7s
jABrazil
—--
—
J-D
(Int reduced to 3.375%).
AExternal 8 f 6%s of 1927
...
*18
F-A
101%
100% 101%
115
.
MS
*105%
J-J
—
1978
J-D
1957
A-O
A-O
A-O
55
—
A-O
J-D
—
mtrnm
59
84
77
mm
52
76
58%
68%:
1
58
68
mm mm
59
68%:
69
'
70
85
m-mm
mm mm
mm
t
*83
m.
■
-
85
_.
rnmmm.
.
1
85
68%
63
76
77%
External
82
70
55%,
64%
55%
No. 22
18
:
59%
55%
!'•
59%
55
57%
60%
57%
64%
55%
65.
59%
55%
61
56
55
i
54%
63
-
7
60 Ma
64
'
--
*
59%
59%
No* 28
man
J-D
F-A
1961
MS
HJt S f 4%-4%s„„_
4%-4%s
1976
—1976
a
4%-4%s
external sfg bonds..
65%
65
54%'
65%
54%
65
mmrn
•
mm
mm
—
55
agree
'
t
99
95%
*98
.
1
4a
A-O
99%
99%
2
88%
101
A-O
—.1961
34
11
90%
101
92%
2
74%
94
108% 109 Ma
17
108% 112%
Ma 109%
100% 100%
14
51%
5
92%
—Jan 151948
ACarlsbad (City)
J-J
1954
J-J
8s
109
—
51%
..
5
100
36'/a
-M-N
22%
22 Ma
23
12
20%
A-O
22%
22 Ma
23 Ma
4
21%
30%
A-O
22 Me
22 Ma
22%
14
21
30%
Feb 1961
F-A
23
23
21%
*30
38
38
46
*30
35%
35
42
100
103
*33
US
2008
;_1957
F-A
100%
100
.1956
MS
103% 103%
101
.1965
A-O
104
....1963
F-A
104% 104%
1970
100
6s
,
,;,.Febl961
Jan 1961
i
B(asaented
-Jan 1961
aS Sinking fuild 6s
Sep 1961
A&rtL as,seilt,ed—Sep 1961
AR!
1 sinking fund 6s
f 1962
AfcSf assented..
As! assented^ fund
"® -al 8lnklng
.1962
1963
6s.
jog?
..
F-A
J-J
M-S
22 Ma
30%
21%
107%
107%
100 MA
107VA
102% 102%,
99%
A-O
103-103
«81tt: i«3%:
'J
7" ■■ ^ "
•
(Republic)rAStaraperd assented 3s_
...—1963
Stamp mod 3 Vis ext to——.1994
Ext sec ref 3%s series B.—..---1967
M-N
99%
J-D
99%
M-S
*104;
M-S
*33
100 Mb 102
1
98% lOOMa
99%
105
105%
30%
M-S
30%
22 Ma
22 Ma
~6
20%
24%
1
30%
56
44
30
46
17 Ma
22 Ma
~7
21
J-D
17%
A-O
23 Ma
1
22%
30%
22 Ma
2
21%
30%
20 Ma
20%
20 Ma
21
20%
20 Ma
J-D
^J.1961
A-O
20 Ma
20 Ma
■
Af-N
•
■M'Ht
1962
20 Ma
20 Ma
25
~5
28%
20 Ma
21 Ma
25
21 Mb
19%
29
23%
29
~-
20%
28%
19
29
17
-
19%
19
79*
16%
30%
18%
98
17
30%
12%
23
A-O
*18
A-O
18
A-O
31
32%
1968
A-O
18%
18%
5
12
24
1950
J-J
22 Ma
23
3
14
35 Ma
1963
J-J
assented-
2006
*26 Me
17%
17%
*35
J-D
—
18%
41
34
34
42
J-J
*30
35
M-N
*95 Ma HO
100%
1
18
*33
100% 100%
11%
24
—
41
48
4
31
47
35
45
9
..
mm mm
41
43
--
75
95
1
lOOi'n
103 Ma
Queensland (State) extl 6s
1947
F-A
ARlo de Janeiro (City of) 8s
1946
A-O
38
38
1
38
*
A-O
31%
32
2
31%,
50
35
48
30 Ms
45
Stamped pursuant to Plan A
(Int reduced to 2,375%)
2001
AExternal sec 6%s___.
—1953
*33
F-A
(Int reduced to 2 %)—
2012
31%
F-A
31 Ma
39
31%
—
10
For Financial Institutions
FOREIGN
SECURITIES
FIRM TRADING
MARKETS
(-AH1 MARKS 4 P.O- INC.
FOREIGN SECURITIES SPECIALISTS
50 Brood St.
29%
19
33
18
28%
13
25
mmim
'
d slnk fund 6s.—...1962
assented..
28%
19%
"
J-D
A-O
20%
21%
J-D
,
17%
30%
22 Ma
—
.
18%
18
US
29%
Ma
23 Ma
Jlf-N
Af-N
9
106%
35
47
30%
22
103.'.
J-D
...196a
Municipal Bank .extl s t 5s
Oslo (City) sink fund 4%s...„.
30%
21%
22 Ma
J-D
fund 6s_
30%
21%
16
A-O
1957
1961
1961
1961
AGuftrQ«+aSSJen^ed
21
1
22%
rnmmrn
6%s——1957
AOnkiL assented—
Afi*Sg fund 6%s
22%
22%
22
22
MS
A-O
1
22%
22 Ma
J-J
,
100
104
30%
f 6s
guaranteed sink
AGlfornnf86^
46
42 MA
30
1942
1960
—
AC1&Bi?rt8ag#iBank
38
35
30
s f 7a——1942
etaking fund 6s
s
™
63%
22
M-N
av£1 assented
ar! assented fund
flnkl?g
18%
15%
102'/4
.i960
External
A^TL aS,Sented
Ry externa!
109 Ma
11%
13 Ma
13%
108% 114%
lOOMa 101
J-J
13%
9%
(Stat*)—
f 5s___.
Stamped pursuant to Plan A
(Int reduced to 2.25%)
101 Yi
—I960
.
16%
"9%
.
Stamped pursuant to Plan A
Of)' 30-vr
3 %s_
22
*33
JK4I
APrague (City of Greater) 7%s—1952
101
—
*12%
JS
Alegre (City of) 8s__.
1961
Stamped pursuant to Plan A
(Int reduced to 2.375%)——2001
AExternal loan 7%s
..1966
99
86%
87
99 Ma 100
Af-N
21
16Mb
17%
16
13%
A Porto
104
9
J-J
s
A4%s assented
99% 103
100
103%
..
99%
1984
™
—
J-J
1959
AExternal sink fund gold 8s
64%
64%
99%
1975
ilMa
12%
~9%
1945
(KingdonJ
A4%s
'
65 i
56%
55%
F-A'
99%
10
A
,
„'
32 Ma
IA Poland (Rep of) gold 6s.
1940
A4%s assented—^
—1958
AStabilization loan-a f 7s...
1947
65-
56
5
*102% 103 Ma
—
Af-S
gS8 * 4%-4%;:::::::—1977
*102%
mmm
65
55
56
1
62
*101%
MS
10
-
64
*59%
—
i«w
.1958
-
*59%
mmmm
.
59%
59%
*59%
wmm
;
59%.
59%
59%
59%
••••
15
.
65%
59 Ma
*12%
*12%
24
27 Ma
J-D
(State of) 7s
1947
Stamped pursuant to FCan A
(Int reduced to 2JL25%);
—2008
A Peru (Rep of) external 7s~
1959
ANatloanextlsf 6a 1st ser
I960
ANat loan extl » f 6a 2d set—.1981
65
66
*60
10
*..
A Pern am bu co
65
*59%
*60
,
i
65
59%
11
28
Panama
65 Mi
59%
*59%
:
;
65%
*59%
:
...
No. 20...^...
No. 21.
;
'
65y*
65%
64%
56
64%
,
11
27%
Q-J
Q-J
1945
1942,
104%
9
10
1954
5,
102
■
*59%.
Buenos Aires
(Province of)—
a 6s
stamped
Nov.
95
—
M-N
1945
1942, agree
4a sink fund extl loan—
85
59%
-
5,
of) 4%s.
External sink fund 4%s—
84
79%
77
59 Vb
No^l6^i
fund gold 68..
Nov.
to
New South Wales
82
59%
" s»
J">4 gold 5s
to
97
J-D
agree
(US) extl 5s of 1899 £
5s of 1899
*103%
102%
101 Ms
—
A-O
1943
1942,
*97
A-O
1960
(State)—
external s f 6%s
1958
Stamped pursuant to Plan A
(Int reduced to 2.125% )_2008
Norway
77
*59%
*60
•;
■SSSf»'iaw
f 5s
Stamped pursuant to Plan A
(Int reduced to 2.125%)
65"%
58
*83
mm
85
^
;
s
ASec
5
*60
3%s Series No. 29
3%s Series No. 30
19 Ma
100
*102%
Minas Geraes
64
*83 ;
11
19
10
to Nov. 5, 1942, agree
lATreasury 6s of 1913 assent—1933
AAssented to Nov. 5, 1942, agree
76%
58%
22
11%
22
AAssented
63%
*63%
mm
...
Series No. 23
3%s Series; No. 24
3%s Series no. 25
3%s Series No. 26
3%s Series No. 27
Aft«
68
10
104
22
AAssenting 4s of 1910
63%
mmmm
.......
^♦• Series
3%s
AE*fi
8
111
104
11%
AAssented
63%
63%
.JL
No.. 17.
ar»
..
50%
104 Ma
--
12%
AAssented
85
88
50
50
104 Ma 104 Ma
*105
10
A Assenting
;
53
*20
mm —
mm-
103
103
12%
AAssenting 4s of 1904
65
100
10%
AMexico
76 Ma
62%
100%
—
12%
A4%s stamped assented
AAssented to Nov. 5,
85
55
*101 Ma
1968
(State Mtge Bk) 7s—1957
AMedellin (Colombia) 6%s
1954
Mexican Irrigation—
76%
62%
—
101 Ma
—1064
ASee external s f 6%s
.
__
Series
Series
Series
series
3%s Series
AChflo^epj
3
63% -64%
—•
8
3%s
3%s
3%s
3%s
25-year
59
*51
mm
J-D
M-N
•
?°- 15—
®auada (Bom
—
.
A-O
J-J
A Jugoslavia
82%
53
*67
J-D
2
—
58
*63 Ma
?r!es
3%S Series
£{""a readj
«ternal
f
72
*52
•
SjH^I
Sinking
55
"*61
__
Series No. 14.
Iv ! oer!eS
*4
64%
55
56
65
—
M-S
1949
101
101% 101 Ma
A-O
118
64
1967
1949
Irish Free State extl
115
110
*54
__
—
(Republic of) 7s
7s stamped
(Republic) s f 6s series A—1952
Helsingfors (City) ext 6%s
1960
100% 103%
100% 102%
103%
—
*101 Ma
102%
101%
part paid™
A7s
106% 112%
102% 106%
~7
68
mmmm
101 Ma
101
~
A6s part paid—
131%
—
*62
*101 Ma
Telephone HAnover 2-0050
Now, to
.III
&"N. Y.
%•&$■
.A'
t
Greek Government—
103% 110%
„
.
1979
100
108 Ma 109 Ma
..
J-D
33
*111M2 112%
109%
J-D
1957
..
A-O
BAitl
9
No. 12.
No.
4
21
6
No.. 10
.
101
33
17%
"
No. 9...
No.
—
14
^%s Serier No! 13II3%s
lv*.
21
100
110
.
7—
1969
series
2d
AEstonia
e63% e63%
5
A-O
French Republic
7s unstamped
33%
18
*18%
'
4.
No.
18
.
110 Ma 110 Vi
(Int reduced to 3.375%)....1979
External $ bonds of 1944 (Plan
B)—
3%s Series No. 1
3Vis Series No. 2.
3Vis Series No. 3.
Series
Series
3%s Series
.-3%s Series,
31
103 Ma 103 Ma
Stamped pursuant to Plan A
(Int reduced to 3.375%)
1979
A7i (Central Ry)
.....1952
Stamped pursuant to Plan A
(Int reduced to 3.5%)
1978
1% funding bonds of 1931 due._1951
Stamped pursuant to Plan A
Series No.
Series No.
Series No.
Series No.;
37%
*18
..
J-J
21%
~5
24%
100% 101%
1941
Stamped pursuant to Plan A
(Int reduced to 3.5%)
AExternal s f 6%s of 1926.
Stamped pursuant to Plan A
3%s
3%s
3 Vis
3%s
3%s
3%s
A-O
37%
103%
external 8s
3%s Series No.
-W
A-O
38
100%
..1955
(U S of)
A-0
21%
21%
21%
'
——
24
24
iii-N
1955
...
M-S
101
101% 101%
mrnrnm
38
*21
M-S
1949
f 6s_.
A-O
1969
5%s
21 Yo
*21
—
1956
Belgium external 6%s
s
10
1957
4%s of 1928
10-year 3 Vis
External
22%
1950
1927
External g
i
21%
J-J
1945
22%
j-j
jAExternal
1957
19'40
1961
97% 104%
(AAntiquia (Dept) coll 7s A
f 7s 1st series.
A-O
85
*85
ar-s
1940
Customs Admin 5%s 2d series
5%s 1st series
85
A-O
MS
1942
■
y
98
)
AGtd sink fund 6s_.
jff
'/§i
104%
17
98%
%
.•••88%^< 102,
99 Ma 100
Foreign Govt. A Municipal
Agricultural Mtge Bank (Colombia) ~
s
iy
f)
.
;
jAExternal s f 7s series D
15
39
Cuba (Republic of) 5s of 1914
Telephone
Id
M"
99%
1951
7s
51%
51%'
*48
|
Wertheim & Co.
A External
;^V;'
'
iunte Stent
Bond*
Bid* Aitii
Askat
[
-..
arFHdny's
n
•
pnlilcettg^lyue^- .
i iy§i ^iifejiy:; r.' r
Akershus
:
-
?&..;■'■■
r*>
f
■>u
A-'M,
»;?£ ;A£.<
.«o,
INEW-, YORK. 'UCMNIE^ v^jiECORD
i'"\- '^v-
*
Hi* York
<■„'
THE COMMERCIAL# & FINANCIAL
CHRONICLE
aliSl^ r-«•„ j
.
»«
..
&*■:
Number
••
--f;V
$c
52 Ma
~
%
THE COMMERCIAL & FINANCIAL CHRONICLE
Monday, December 23,
1945
NEW YORK BOND RECORD
RANGE FOR WEEK ENDING DEC. 80
BONDS
Friday
New, York Slock Exchange
Interest
Last
Period
Week's Range
or Friday's
Bid & Asked
Low
High
Bale Price
'
Rio Grande do Sul
No*
New York
Range Since
January 1
Low
High
(Int reduced
(Int
.—1952
—1955
95
Bush Term Bldgs-5s
gtd
—I960
105
to
reduced
to
AGVis extl secured
1st M3s——1976
Calif Oregon Power 3
Vis
—...1974
Canada Southern cons
gtd 5s A
1982
Canadian National gold
4'/2s
1957
Guaranteed gold 5s
Oct 1969
s
2.375%)—2001
f
Guaranteed
—1957
(State) 8s
1936
Stamped pursuant to Plan A
(Int reduced to 2.5% )—1999
.1999
Plan A
2.25%)—2004
—
s
f 7s
A
?
(
A Silesia (Prov of)
jj
Sydney (City) s f 5Vis
AUruguay (Republic) extl 8s
AExternal sink fund 6s
A4Vas
extl 7s
f
-
j
II
if
i
Iff
-1958
assented
low
...1955
1946
1st
'301/4
30%
107 %
851/4
104
106
3%s-4-4%% ($ bonds of 1937)—
External
readjustment——1979
(City)
external 7s
119
118%
125%
113%
113%
118%
117%
111%
124
v.
112%
107% 107%
*__
*
80
103% 104%
*102% 103%
947%
95%
118
119
123%
116%
103% 121
107% 109
75
91
102%
107
101% 105%
73
96
101% 101%
1945
63%
1959
65%
15%
1959
16
14%--15
-
*65%
„
.1966
—1961
1987
1987
1987
1987
*1974
105% 105%
gtd gold 4S.1949
105% 105 %
1974
*106% 108
(partial redemption)—1942
Champion Paper as Fibre deb 3s
Chesapeake as Ohio Ry— •
1965
General gold 4Vis
—1984
A4Vis assented
125
112
Banking Co—
,5s stamp
External conversion
.....1979
3%-4% 4As extl conv
1978
4-4%-4%s extl readjustment
.1978
A Warsaw
105 »/4
108
.
68——1964
3%s extl readjustment
109
119
1965
j
& ref
58
56'/a
104
103%
104% 105
series A <
:
(4Vi% to Aug 1 1949)
IA Central RR as
1960
1
High
106
113% 113%
stk perpetual
A4s registered.
Central N Y Power 3s
Central Pacific 1st ref
1958
AExternal sink fund
ft
January
105
*117% 118 Vi
.
extl—.-...1962
it
Range Since
107
1956
Central Illinois Light 3
Vis
tACent New Eng 1st
gtd 4S
t A Central of N J gen
gold 5s
A 5s
registered
AGeneral 4s
Serbs Croats St Slovenes
(Kingdom)—
A8s secured
external-.—.1962
a 7s series B
sec
}
Sold
No.
-105%
113% 114
AChatt Div pur
money gold 4s._1951
SAMobile Div 1st gold 5s
—1946
(Int reduced to 3.5% )wwrwJ.978
.
103 Va 103%
*118% 119%
{ACcnsol gold 5s
ARef & gen 5 Vis series
B
.ARef as gen 5s series C
1968
1940
...
Stamped pursuant to Plan
I
95%
—1955
gold 4s
.1981
Celanese Corp 3s debs
!
1965
Celotex Corp 3 Vis debs
1960
A Cent Branch
U P 1st gold 4s
1948
JCentral of Georgia
Ry—
§ A 1st mtge 5sNov 1945
A
Stamped pursuant to Plan A
(Int reduced to 2%)
..2012
IA Secured
|]
•
Bonds
106
1970
Carolina Clinch & Ohio
4s_v
Cart it Adir 1st gtd
loan..———1956
Stamped pursuant to
?
Can Pac Ry 4% deb
1950
(Int reduced to
AGs extl dollar loan
i
...
105
*104
Guaranteed gold
4%s——..1951
lASan Paulo
A8s external
gold 5s
Guaranteed gold 4%s
Guaranteed gold 4Vis
Stamped pursuant to Plan A
(int reduced to 2 %)
...2012
A 7s exU water
i
38
*105 J/4
California Elec Power
2.25%).—2004
Stamped pursuant to Plan
(Int reduced to 2.5%)
1
39%
38
—.
}{'■'■■-
i.
39 Vi
A Certificates of
deposit-.-..
Bysh Terminal 1st As
Consolidated 5s
1999
—
;;
High
external loan of 1926——1966
•
i i
Bid & Asked
Low
JAlst it Coll 5s—-
A
if lASan Paulo (City)
8s_——.,1952
Stamped pursuant to Plan A
{
Week's Range
or
Friday's
Last
Bale Price
^Burlington Cedar Rap St Nor-
Stamped pursuant to Plan A
(Int reduced to 2.25%)—.—2004
a7s municipal loan
1967
Stamped pursuant to Plan A
■
Friday
Interest
Exchange
v
AGs external sink fund gold
1968
Stamped pursuant to Plan A
(Int reduced to 2%).,.;—...13012
A 7s
Stock
Period
——..1948
Stamped pursuant to Plan
(Int reduced to 2.5%)
t
Sold
(State of)—
A6s extl loan of 1821
11
BONDS
Bonds
...1992
1958
—
j-D
>100% 104%
.
nodii
v*.
J-J
J
108%
A-0
k
108
■
—
—
-v-
m-s
—'
M-a
107%
127
—
98%
tx
,
•
128
101 % 102
t.M%-
*
11*5%
104%
1989
V,,fe61v.
106%
105
1st as ref mtge 3 Vis
AGen mtge inc
.116%
l?t mtge 33/4s
r
101 Va
110
tChlcago Ind
97
100%
109
,
102%
103%
'
07%
r
aw
^
r
40-• 40V»
ci03%;
V
r
•64%
A 2d
Chic
116 y4
Milw
St Paul
1st mtge
4s
as
Pac
104
ser
RR—
.
-
64%
-64%
46%
48--
99%
..
48
99%
-
A—
1994
Gen mtge 4 Vis inc ser A
Jan 1 2019
4Vis conv inc ser B
Jan 1 2044
Chicago as North Western Ry— .
2nd mtge conv~inc
4Vis—Jan 11999
.1st mtge 3s ser B
4
—1989
llAChioago Railways 1st 5s
stpd
25% partial redemption—.
*.1927
1 Chicago Rock Island as Pacific
Ry—.AGeneral 4s
-—1988
105%
107 y*
105 y4
—
•
-
84%
105% 105%
83
62%
-
85
60%
63%
-
.
Certificates
of
itepnaifc
,
rrT-Tl
gold 4s_
r
,
„
4.1934
IA Secured 4 Vis series
AGonv gold 4Vis
A—*..—1952
...I960
Chicago St L as New Orleans 5s—1951
♦Gold :3
1
1
r:: r:i,"
W
.1985
A 1st
y ::
^loe^io?^
40
ser B
as Louisville
.Ry—
mtge 4s inc ser A..—1
1983
mtge 4 Vi inc ser A—
—2003
Chicago Ind & Sou 50-year 4s—1956
159%
107%
107%
ilARefunding
105%* toe
1997
Chicago as Erie 1st gold 5s
1982
Chicago Gt West 1st 4s series A—1988
AGen inc mtge 4%s
Uan 12038
,*105%
*
(conv)
101%
A
>
1985
104.v
130
'. 129 '130
■Y—' .-■>114% *ir
116% ' 116 ~* 116
'
44
RR—
97,.
94
M-a
124
42%
1970
111
100 y8
02% 100
M-N
126% 126%
*121
43%
as Quincy RR—
General 4s
;
1958
1st as ref 4 Vis. series
B—
1977
Chicago as Eastern
109%
99%
vB7%- 98%
115
116%
126%
1949
-1st as ref mtge 2%s
105%
118%
__
103Tal04%
105% 105%
105%
2
'
103%
100
' 100% 101%
101%
102
14
111
08%
*ioo*aoo%
•
107% 108%
t
:5 104% 105%
' 100
103%
r-*,
'108'%''
*104
__
A-O
;
•
—
*103% 104%
—
105% 106
Chicago Burlington
AND INDUSTRIAL COMPANIES
w-s
140% 140%
105 % 105 Vi
105%
.1989
3s
"M-N
105%
1996
R as A Div 1st cons
gold 4s
?d consol gold 4s
t A Chicago as Alton RR ref
RAILROAD
140%
1996
Ref as impt
mtge 3 Vis D
.Ref as impt M 3 Vis series E,
1958
Via—..U—.1051
-
Memphis Divlgt gold 48———1951
401% 102%
,rn't."'•• .V"'
*
■■
'
i
if
.•>
vl-'
Chicago Terre Haute St S'eastern Ry:
1st as ref M
2%-4% s.——.1994
.Income 2%-4V5nS—.—
Chicago Union Station—
1st mtge 3Vis series F
1st mtge 2%s ser G
—1994
:
.
\
—
,
;.1963
.
.103%
.106%
Chic As .West Indiana conv 4s
—1952
1st as ref 4Vis series D
—1962
tfAChilds Co deb 5s part
paid—1943
f ADebentures 5s part
105% 105%
33
paid——1957
t AChoctaw Ok as Gulf consAs——1952
Cine Gas & Elec 1st mtge
2%s
Cincinnati Union Terminal—*
106 Vi 106%
,103%. 103%
.106 ;. 106%
...
..—.1963
)
33
70
1975
.33
.
33
76
..
%
33.
j
76
103% 103%
.
,
1st mtge gtd 3%s series E
—1969
1st mtge 2%s ser G —.—.1974
City Ice as Fuel 2%s debs
City Investing Co 4s
debs
j.
________
.i.
.
1961
111% 111%
t
102%
1966
....
;
102 % .102%
99%
84
85 V*
v
84
deve Cin Chic to St Louis
"Hy^"
General gold_43.
———1993
General
Ref
95
95%
St
98%
s
:i
r
101
98
-
98%
100% 101
•».. ■'' 99%
*102% 104
'
x*94y4106
--
90
—
97
100
104%
105%
101
109
102%
•
»
106%
106%
100
90
84
60%
61%
50
84
43
39
•
103% 103%
%
•'
*
103 Vi
106 y2
101%
106% 106%
106 y8
100 y4
99% 100 v«
105 y4
107 y.
99%
100%
lQl»/4
106%
—
>
—
*106
-101% 102 y8
3313.
96%
.
—
;
—
s
>
:
106% 107
105% 106
107% 1WA
105% 110
104
108%
104% 108 V4
■'
•
58%
104%
*104
45%
60
84%
104%
"
102% 104%
—Y:
* 104
105
106%
108% 111%
116
116
*109%
**115%
"
—
"
\
108
^
107% 108
'
*108
;
103
—
1956
S&8Vis debentures........1958
*107% 110
'107-107%
—
Elec 3 Vis debs—1971
debentures.
83 y4
96%
1950
Consolidated Cigar Corp* 3 Vis
1965
Consolidated Edison of New Yorlp—
,3Vis debentures——
1948
•
page
*77
107 Va 107 %
—1948
—
Commonwealth Edison Co-**
1st mtge 3s series L
—1977
Conn Ry St L 1st it ref 4Vis..—.1951
Conn River Powr ,8 f 3%s;A—1961
106%
3Vis
For footnotes see
&
9.9%
119%
79% .81%
Columbus it H V 1st extl gold
4s..1948
Columbus it Sou Ohio El
3V4S—1970
Columbus St Tol 1st extl
4s..——.1955
105%
101% 101%
106%
.v',-—.
gtd
Ifit s f 4Vis aeries C—.**—
—1977
Colorado it Southern Ry—
Columbia Gas
j
-i.-
—/v/Y"' 40%
3 Vis
4Vis (stamped modified)—,—1980
85
104
*—
Oeve Short Line 1st gtd 4%s—1961
Cleve Union Terra gtd 5
Vis—.1972
1st s I 5s series B gtd—,—1973
4)
100
98%
—1993
133%
89
:&
B
Cleveland & Pittsburgh RR
Series C :3%s gtd
99%
•
series
Cin Wab St M Div 1st 4s
1991
St L DiV 1st coll tr gold
4*—1990
Cleveland Elec Ilium 3s
1970
Series D
127%
5s
impt 4Vis series .E—1977
104%
:
...
107% 107%
403 ^
-103
*
100%
101% 102%
104% 104%
106% 110
110
111
105% 107%
102% 105%
100%
103
101% 104%
104% 106%
•THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4553
YORK BOND RECORD
RANGE FOR WEEK ENDING
Friday
BONDS
New
Interest
Last
Period
Exchange
York Stock
Sale Price
or
deb 4s_1954
—
1965
Continental Baking 3s debs
tACuba Northern Ry 1st .5 "/as
J-J
J-J
1942
^Deposit receipts-----ACuba RR 1st Sa gold -——
1952
ADeposit receipts———-—
A71/2S ser A deposit rets—.-——1946
A 6s ser B deposit rets
——AM*
New
York
41
Low
Illinois Terminal Ry 4s ser A
.1970
J-J
Ind 111 & Iowa 1st gold 4s.
.1950
J-J
75
Indianapolis Union Ry Co—
Ref & imp 2%s ser C
1986
^International Great Northern RR—
A 1st 6s series A
1952
103%
108%
101V4
106
61
.
49
14
46
52
AAdjustment 6s series A—July 1952
84 V0
2
80
86
A
45%
45'/a
1
48%
A 1st
*44
_
43
J-J
January 1
Low
Int
Rys Cent Amer lst 5s B
16
A-O
23
97%
59%
High
95
106%
104
57
58%
115
106
86%
97%
54
98
435
16%
54%
50
48
92
49%
50
U
48
92
99%
A-O
23
50
49%
J-J
20
48
98%
99%
J-J
1956
1944
1972
gold 5s series C
SAInternat Hydro El deb 6s
53
43
45
Rente Btnee
Sold
No.
*95
J-D
1956
1st 5s series B
53%
40
45
Beade
*99% 104%
83%
J-D
100%
76
76
55%
*43%
High
100
48
j~D
Haste
Friday'e
or
Bid & Asked
High
36
51
*60
J-J
Last
SelePriee
35
*102 % 1031/2
J-D
Week's
Friday
Exchange
33
103% 104%
J-J
Low
39%
*34
104%
No.
Stock
latere*
Pearled
Range Since
January 1
Sold
41
39%
M-S
Bond*
High
*31
J-J
JgSffSJrSTiSStttt
20
BONDS
Friday's
Bid & Asked
Low
♦AConsol By non-conv
ADebenture 4b
DEC.
Week's Range
63% 101%
100
105
137
*103
M-N
D
Lt 1st mtge 2%s
1975
Dayton Union Ry 3%s series B
1965
Deere St Co, 2%s debs—L-———1965
Delaware & Hudson 4s extended
1963
Delaware, Lack & West .RR Co-—
payton Pr Ss
N Y
Lack Ss Western' div
C
mtge
AIncome
103%
*103%
M-N
—1973
96
*—
& Light 3s-.
1973
AAssented
..-
ARef & impt 5s series B
,
1978
107%
106%
90
52
M-N
102
102
53
—
12
85%
26
57%
58
*107
59
.1965
Duquesne Light 1st M 3s—
103
J-J
64%
61%
73%
106%
—
64%
66
65
G6
7
7%
F-A
55
*105
—
56%
46
157
7%
56%
54
A-O
1950
A
..1975
Terminal Ry 2%s—-1974
Kentucky Central gold 4s
-1987
Kentucky & Ind Term 4%s
,-1961
Stamped
1961
Plain
-1961
4%s unguaranteed
1961
Kings County El L & P 6s
1997
Koppers Co lsf mtge 3s__
1964
JAKreuger & Toll 5s ctfs———1959
A-O
§ A Refunding gtd 4s-
79%
80
67/a
Kansas City Southern Ry lst 3s
1st mtge 4s ser
29%
687
6%
29V4
57
42%
108% 108%
108%
A-O
*108%
M-S
■63%
J-D
J-D
76
-—
106% 109
106%
~1
92%
106%
J-J
93
15
35
J-J
75
80
35%
35
37
—
—
80%
109%
78
115
103 % 103%
103%
-85%
70%
■
6
83 y4
107%
104%
*104% 107%
A-O
71
s
99%
56
*102% 103
J-J
122
•»»
71
*63
J-J
*107
J-J
•
108
108%
112
—
*105
J-J
112
mum
.
A-O
103% 104
104
M-S
2
2%
2
91%
'98%
32
54
3%s registered
list Ss—.1956
gold 5s—1995
Electric Auto-Lite. 2%s
debs-
-1950
Elgin Joliet & East Ry 3 ^S—1970
102% 102%
3%s—-1997
1997
J-D
J-D
98
98
J1975
Deo
*76
80
M-S
stamped
155
157
102
102%
*105% 105 %
105
106%
*101
„
——
1965
A-O
J
A-O
113
—
113
26
111
113
2
111
5s
Erie Railroad Co—
Gen mtge
inc 4%s series A
-"2015
82
J-J
81%
*
A-O
1st cons mtge
1st cons mtge
1990
J-J
93%
92%
3%s ser G—
2000
1st cons 2s ser H-———.1953
J-J
*92%
92 J/4
Ohio Div
M-S
1st mtge
3%s_,.
1971
1961
{Florida East Coast 1st 4%«
—1959
;1974
A 1st it ref 5s series A—
ACertificates of deposit-
M-N
104
.104%
5s
Lehigh Valley N Y 4%s ext
Lehigh Valley RR—
4s stamped modified——^
4s registered :
4%s stamped modified
4.%s registered
—
5s stamped modified
100%
2
99
115%
2
'98
115 %
74
M-S
;■ ltfif
M-~N
*105
59
.
64%
3
67%
67%
:
Francisco Sugar coll trust 6s-
.
104
100
56
'74
90
88%
101% 108
107%
70
1950
71
77
77%
40
70%
F-A
J-J
.2003
2003
—2003
:2003
2003
—
40%
M-N
41
A-O
*36%
M-N
45
M-N
50
45
<
General Realty
Utilities
&
1949
1969
M-N
series
;1947
mtge 2%s'ser P
,1952
J-J
1990
J-J
:„2010
i-1961
J-J
Ac*reen Bay & West deb ctfs A
A
Debentures ctfs B——
102
J-J
84
^1976
97
36
8
J-J
1969
states Utii 1st M 2%s
89
12
8%
.
A-O
A-O
106%
A-O
96 %
J-D
7
.
Manati Sugar 4s sink fund—Feb 11957
A Manila RR (Southern Lines) 4s__1959
17%
100
104%
107%
84%
100% 100%
26
77
12
98
17
98%
101%
84
1966
1st- mtge 3s_——
Metropolitan Edison lst mtge 27/«s_1974
Metrop Wat Sew at Drain -5%s——1'950
t§AMet West Side El (Chic) 4s__1938
Michigan CentralJack Lans at Sag 3%s
1951
104
99%
■Mead Corp
104 Va
v
•
gold 3%s
1952
impt 4%s series C
1979
Michigan Cons-Gas lst mtge 3%S-1969
t § A Midland of N J lst exif 5s1940
lst
Ref at
H
3SS ?,,Water
lst mt£® 2%S—1976
?5Aw™ V,all?y Ry lst 4^s
1999
HniicnK
cons gold
i j
58—1937
2 eh°W Finance Corp 2%s——1970
HudS £oai lsi s f 58 series A—1962
hX
Qas lst gold 5s.-1949
? Manhattan 1st 5s A_
Aoj income Ss—
1957
-Feb 1957
100
M-S
*87%
M-N
20
100 y4
82%
80J/a
135% 150
89%
897/a
98%
23
75%
193
109%
56%
184
'82%
20%
*110
M-N
F-A
57%
57%
A-O
21 Va
20 %
58%
21%
at Sault Ste Marie— :
1st mtge 4%s inc ser A
Jan 1971
AGeri mtge 4s inc ser A____Jan 1991
Mo Kansas & Texas lst 4s
1990
Missouri-Kansas-Texas RR—
Prior lien 5s series A
1962
40-year 4s series B
1962
Minn St Paul
99% 104.
*99% 100%
J-J
J-D
25
137% 138
J-J
104%
104%
94
113%
.80%
Prior
45
lien 4%s series
A Cum
■
D———1978
1967
.adjust 5s series A—Jan
{Missouri Pacific RR Co—
Alst at ref 5s series A
—1981
J-J
102%
18
102 Va 103
102
108%
i
gold As
.
1st gold
3I/as
—!"
^tended lst
.1951
■
gold 3y2s__
J-J
.
gsaaaiife^-T?
Refunding
"
~"~
M-S
.1952
38 'Sterling.-
A-O
.1951
A-O
M-N
.1952
J-J
.1953
M-N
Litchfield Div
M-N
F-A
.1950
JO.year 4y.a__.
.1955
.1966
5»„_
*101%
J-J
.1951
.1955
rnii 8f°
.1951
—_
.1951
*68%
98%
.1951
97
100 %
80
Registered68
8014 48~"
Join?™4 9110 8t L
1st? l8t,
lsttf*
_lst ref mtge
F°r
58 series A
.1963
series C
4s
footnotes
ser
see
D—.
page
3313.
.1963
98
91%
108
88
107
99
106
88
104%
lOO'/a 101%
12
.80
91
81
—
102
__
98%
1
97
1
*93%
*98 %
—
—
1977
series G——
J1978
gold 5%s
————-1949
A 1st at- ref gdld 5s series H
.1980
A lst at ref 5s series I—
.1981
Alst at-ref 5s
A Conv
'72%
106
108%
«7%
108
—
102%
'97% 106
93% 103
-93% 102%
106%
<97
102
lst gtd bold 4s_—1991
Monongahela Ry 3%s series B-—1966
Montreal Tramways 5s ext——1951
Morrell (John) & Co 3s debs—--1958
Morris at Essex 1st gtd 3%s-——2000
Constr M 5s series A
——1955
Constr M 4%s series B——
1955
Mountain-States Tel at Tel 2%s—-1986
Mutual Fuel Gas lst gtd 5s———>1947
Moh'k at Malohe
103 7/a
103 7/a
107%
107%
"I
114-
120
104V8 104%
35
103% 106%
3
104% 107%
74
104% 113%
37
v
104
M-S
*103%
Jf-N
*111% 114
—
—--
94
105
102% 106
111% 119
,
*__
102%
93
M-N
100
*104% 105%
M-N
102
F-A
*20%
M-S
*100%
99% 103%
102
J-J
*93
M-S
109
100% 102
—
101%
93
96
547/a
94%
28
40
50%
95%
55%
87%s
90
36
J-D
87 Va
89
86
91
34
J-J
76%
82%
23
77
84
55
72%
80
158
J-J
J-J
A-O
55
F-A
80
76%
80
M-S
37
32%
37
895
M-S
80%
76%
80%
401
80%
„
106%
87
178
51%
J-J
J-J
108
.107
108% 113
54%
97
109
*50
A-O
28%
19
21
*102% 108
.f
M-N
<
75
71
103% 104
104
108%
J-D
A-O
89%
101
103
87%
98
94
*72
93
M-N
71%
71%
*101
yJ-D
66
84
80% 101
75
101%
68
./ 96%
.69%
,66
98%
114*%
68
102%
23%
64%
65% 103
68
103
:M-N
80 %
77%
25%
20%
26
1,383
14%
M-N
80
76%
80
136
66%
163
65% 102%
A-O
F-A
80
76%
80
M-S
78
78
78
*105%
-~
F-A
102%
J-J
J-D
61%
61%
M-N
72
72
M-N
64%
64%
98%
M-S
•—
M-N
94
,105% 106%
100
—
103%
102%
102% 102%
*102%
M-N
•72
46%
103
103%
62%
73 %
62
55 "
74%
19
65%
89%
66
31
58%
83%
98%
105
5
97% 102%
103% 103%
N
—
—
—
—
*98% 101%
106%
90
105%
129
94
92%
95
89%
87%
89%
87
98%
—
*99 % 105
*82 Va
93
—
97
*100%
—
.1963
27
98%
P-A
*vce*3ierea
2
98%
5
*99
97
J-J
.1953
—
12
*107%
J-J
.1951
tftaSSH4.
.
-1965
-1975
—
98 %
98 Va
J-J
F-A
—
110
100% 104.%
100% 104 Va
104
101% 101%
J-J
gold 3s„
—
*100
J-J
.1953
lst
OmilV
,i
*
J-D
Omaha is Div & Term gold 3%s. .1951
Div ist goW 3s__
™_
tote Ply.*, Tern
gold 3IU-, .1951
.
*104
•
AGeneral 4s -,
Alst at- ref 5s series P—1
•
1st
"*5
105% 106%
96
96%
M-S
Maine Central RR 4%s ser A
1960
1st mtge at coll 4s ser.B———1954
79
102%
99
M-N
65
3
102
118
M
100%
86
.91%
95%
99%
9
102
118
—
94%
136%
120%
74
128
106% 106%
104%
A-O
107
40
102% 103
114%
104%
114% 114%
P-A
107
88
A-O
-2015
riu & ref 3%s 8eries D
Gulf
99%
99
__
40%
103% 107
.
94%
81
62%
73%
35%
129% 140%
134%
13
10
60
89
120
15
*60
.1975
Gulf Mobile Ss
Ohio 4s series B-
1
96%
88%
Feb
1959
132%
65
31
3
*118
M-N
G———2003
St Louis Div 2d gold 3s_
1980
Atl Kndx at Cine Div 4s———1955
1st & ref M ,27/8s ser
115% 122%
96%
95%
—
Louisville ;& Nashdlle RR—
1st & ref M,3%s series P—-2003
89
105%
102% 102%
12
<
101%
100"%'
100
Feb
Corp 3s debs
33
101% 102
__
J-J
71
12
—
124 % 124 %
102
J-J
1982
*129
__
J-J
__
Gen mtge inc 5s series A-
116% 118
118
J-J
.anno
Louisville Gas
*102 Va 103
—
J-J
1976
Gen mtge 2%s ser
Q
Gen mtge 2%s ser R —
2®ound
J-D
_1973
C
Gen mtge 3%s,ser n,
Gen
80
1951
1963
Elec 3%S-—.—1966
Co deb 5s
35%
13
104
(P)
167
76
*104
debentures
33
128
M-S
—
,101% 102%
'
General 4y2s series D——
Gen mtge 3y8s ser N
,
77
MS
Co 1st mtge 2%s-1965
Grays Point Term 1st gtd 5s
Great Northern Ry Co—
General 5y2s series B—
General 5s
—
96 %
367
114% 114%
M-S
3s
*101%
—
Corp—
A4s conv inc debs
Goodrich (B P)
J-D
87%
74
74
76
11*4%'
M-S
Lorillard
Gas & Elec of
Berg Co cons 5s
86
7
128
.
A-O
——1949
stamped
14
16
49%
Long island unified 4s__!——1949
Guaranteed ref gold ,4s——
1949
4s
"i
43%
50%
*36%
A-O
"l
40
43%
mmmm0
100% 100%
102
95%
98%
85
99%
93
96
,83
99
100
90
83%
•
108
98%
2
-
85%
85%
83%
88
60
—
[102%
85%
Lehigh Valley Terminal Ry ext §8-1951
Lexington & Eastern Ry lst 5s
1965
Liggett St Myers. Tobacco 5s—-—1951
Little Miami gen 4s series A
1962
106%
103% 1Q6%
20
-104%
,68
gtd 5s-__,—1954
Leh Val Harbor Term
106
100
15
*100
—-1974
stamped—'
106
100%
*100 Va 101
J-D
*83 %
*100%
106%
,
Firestone Tire & Rub 3s deb
*85%
F-A
91»/a
— —
106
106
F-A
fund 5s___——.-1974
937/a
2
100%
M-S
103%
103
83
104
*__
1st cons mtge 3%s ser E——1964
3yes ser P
'75
104
F-A
—-1964
stamped
lst & ref sink
A-O
.*.1964
'
124%
100% 100%
1970
—1954
—-1954
Lehigh Valley Coal Co—
1st ;& ref sink fund 5s,
5s stamped
1st & ref sink fund 5s—
127%
113
__
mtge income reg—
Lehigh Coal & Navigation Co—
S F mtge 3%s ser A
120% 122%
__
101%
*155
«...
J-D
------JlfW
El Paso 3s S W 1st fig——
5s
*120%
M-N
J-J
A lst
-
E
cons
5%
1%
37
Lautaro Nitrate Co Ltd—
1st
jmm
188
102% 107
32
104% 106%
Lake Sh & Mich Sou gold
Ed El 111 (NY)
'
180
A-O
120%
•
East Tenn Va & Ga Div
72
65%
«...
m.0m
*112%
•
J-J
105
107%
123%
104
123
A-O
53%
106
106% 106%
92%
M-S
110%
45%
107
——
109
57
61
*__
106%
10
63 %
*50
——
M-N
3
__
107% 107%
107%
J-D
105
--
79
78
.193*
110%
48%
8
8
6%
7%
A-O
105
105%
Kansas City Port Scott & Mem Ry—
Kansas City
F-A
102%
102 %
102%
K
A-O
ACertificates -of deposit
J-J
103
31
5
102% 102%
J-J
67%
47
40
107%
85%
3
91
M-S
104
45
Kanawha & Mich 1st gtd gold 48—1990
—
90%
J-D
89% 107%
-
.1965
Detroit Edison 4s series "PGen & ref mtge 3%s Series CL—1966
-Gen 3s ref 3s series H.—
3970
Detroit AMackinao 1st lien gold 43-1995
ASecohd gold 4s
-——.—1995
Detroit Term 3s Tunnel 4%s
1961
Det Tol & Ironton RR 2% ser B—1976
15 ADul Sou Shore 3s Atl gold 58—1937
Steel 3y4s
Jones Sc Laughlin
r
A-O
1959
1976
.—1961
James Frankl & Clear lst 4s
Jersey Central Pow & St 2%$;
97
—
M-N
{Denver 'St Rio Grande RR—
' \
.5 A 1st consol 4s
...——_—-1936
•JAConsol gold 4%s
—
1936
{Denver & Rio Grande Western RR—
A General s f -5s————————1955
17
20
__
103% 103 7/a
Morris & Essex division
Coll :tr 4-6S-;
—May 12042
Delaware Power
102% 103%
J-D
A-O
due——1993
1st &' ref M 5s ser
•
A-O
38
—
.
..
79
106%
76%
102 V.
70%
96%
Nashville Chattanooga Ss St Loul*—
1st mtge 3s ser B
;
——,1986
National Dairy Products 2%s debs_1970
National Steel 1st mtge 3s—*.
1965
t ANaugatuck
RR lst gold 4s*
1954
98%
103%
•
99
102% 103%
•f?m05% 105 Vi
98
103%
101% 105%
103% 106%
108
110
BONDS'
New York Stock Exchange
Friday
Interest
Week's Range
or Friday's
Bid St Asked
Last
Period
lale Price
low
Newark Consol Gas
Tj-Z)
5s——1
oons
ItANew England RR gtd 5s
T-r
1
IN**
'
m
»
&*mm
ff*MI*r»
CLTiS?
*'■-#. ?•«•;.;.
90
108 y2 109
*
123 'A 123%
*_.
120
*107
Great Nor 5s A——3
N O & N E 1st
ref & imp 4%s
-
—
->85
__
t A Consol gtd 4s
-f
New England Tel & Tel
5s A
1
1st gtd 4%s series
B__
1
N J Junction
RR gtd 1st 4s
3
New Jersey P & L 1st
mtge 3s—-3
New Orleans
107 J/a
*103 Va 105
3
New Orleans Term
1st gtd 4s
High
*106%
—
i
l**
*****
*104%
3
—
105 'A 105'A
tNew Orleans Texas &
Mexico Ry
tANon-cum inc 5s series A
ACertificates of deposit
A 1st
A
5s
A
series B
——'
Certificates
A 1st
of deposit———
series C--.—-—
5s
Certificates of deposit
4%b series D
A 1st
A
Certificates
A 1st
A
N
5Vis
Of
Certificates
—
'deposit.——
series
A
of
deposit———
Y
Central RR 4s series
A——
Ref St ,lmpt
4%s series iL«..
Ref St
impt 5s series C
N Y Cent & Hud
River 3%s
—
I
3%s
Lake
i
registered.—
Shore
coll
gold
3'/2s
3%s registered
Mich Cent coll
gold 3y2s
3% s registered
—,
New York
Chioago Se St Louis—r
Ref mtge 3'As ser
E
1st'mtge 3s ser F——————«
*
99% 100%
-
-j'-. .'''t?srA
y-*'-'i,*
*93%
N Y
Connecting R3 2%s ser B—
-N Y Dock 1st
gold 4s—
N Y Edison 3Vis
series D
1st lien & ref 3 Vis
series
N« Y Gas El Lt H &
Pow
99
103
Mtge 4s series A
Mtge 4s series B—
N
'
,
Y
Lack
£4% 8
&
*106
*100
*104% 112%
...—
*105
—
West 4s series
series
B
103 Va
106 Vi 106 JA
*107y2 114
Purchase money gold 4s
N Y & Harlem
gold 3%S—.———
r
100
100 % 101
E_—
gold 5s_.
A
95
'*•
A—
t
109 %
71%
72%
—
IN Y New Haven &
Hartford RR—
ANon-conv deb 4s
1947
ANon-conv deb 3V2S
1947
ANon-conv deb 3%s
1954
ANon-conv deb
4s---^--^-^--1959
ANon-conv deb 4s
—1956
ADebenture certificates 3y2s
AConv deb 6s
t A Collateral trust
ADebenture
A 1st
4s
-
1956
—1948
6s
Quaker Oats 2%s deb.
•
1940
1957
-
& ref
4%s series of
1927—1967
t A Harlem River &
Port Chester—
? 1st 4s
—
_
OnT& WesFrefTs-—Jun"e
IAN Y
'
A
General 4s
1954
*102% 107%
9%
10%
4%
5Va
1992
1955
N Y Power &
Light 1st mtge 2%s_1975
N Y & Putnam 1st
cons gtd 4s
1993
N Y Queens El
Lt & Pow 3%s
1965
N Y Steam
Corp 1st 3%s
1963
-
f§AN Y
Susq & W 1st ref 5s
§A2d gold 4%S
§ A General gold
5s.
——
§ A Terminal 1st
■
101% 101%
100
111
9%
26%
15%
106%
73
90%
104% 107 Va
4%
100%
104
108%
1937
*33
37%
75
—1937
39%
*—
34%
37
42
io y2
10%
32'A
96
95
100
19%
17
49
1966
108 Va 108 %
108
mtge 5s conv inc
2014
Norfolk & Western
Ry 1st gold 4s_1996
"North
42%
35 y4
71
131 Va 131%
131 %
143
1940
gold 5s
—1943
ISA N Y West &
Bost 1st 4%s
'
io%
*—
1946
Niagara Palls Power 3%s_-
18%
torn
v.#
109%
Norfolk Southern
Ry Co—
A Gen
Central gen St ref
5s—;
■
•;
41%
-1974
registered-,-,-----————1997
lien
ry & Id gold 3s
registered
3s
vi; Coir trust 4%s
*
:Y
Northern States Power Co—
(Minn) 1st mtge 2%s
1st mtge 2%s —
(Wise)
1st
mtge
72%
97%
—1996
73 Va
99
101 ya
101
fit L Rocky Mt St P 5s
stpd
AFrior lien 4s
.
'
ser
1974
*100 Va 101%
197!
fW
101% ioi y4
*105%
—
101%
100%
106 y2
M 4%s series A
ACertificates of deposit
105%
106%
109 *A
4s
inc
bond
& Lake Champlain
Ry—
guaranteed 4s__
11948
.*
RR 3s
ser
.1975
1975
1966
Nov 1989
1952
1990
4S.1968
1989
100 3/a 100 Va
A—1960
—
«ASt P & K C Sh L gtd 4%s
1941
St Paul Union Depot 3y«s
B——1971
Scioto V St N E 1st
gtd 4s
15
18%
104% 104%
iooy2101
1974
mtge 2%s
Oklahoma Gas & Electric
2%s.
ctfs
unifying 5s
A Gen St ref
gold 5s series A
St Paul St Duluth 1st cons
gold
tOgdensburg
Oregon-Washington
—
—1976
stpd
ISt Louis-Southwestern Ry—
1st 4s bond certificates
§ Alst term &
1st
—
—1950
A Cons
3%s„—
Ohio Edison 1st
mtge 3S
A————.1980
A A certificates of deposit
APrior lien 5s series B
ACertificates of deposit
A2d
Alst
—1956
4fit Louis San Francisco Ry—
100% 101 %
99 % 100%
—1973
—
^
x*-
ser A
1971
Jos St Grand Island 1st
46—.1947
1st gold 5s——1996
2d gold 68
St. Lawr & Adir
—
71%
*71%
:
2047
impt 4%s series A—
2047
"Ref &
impt 5s series C
—2047
Ref & impt 5s
series D
—2047
t
,,
*102%
Jan 2047
&
Saguettay Power 3s
133%
109% 110%
-
Gen
138% 143%
128
Northern Pacifio Ry
prior lien 48—1997
4s
Ref
130
*—
Gen & ref 4%s series
A____—1974
Seaboard Air Line RR Co—
1st mtge 4s ser A
—.—.—1996
105% 105%
A Gen
Pacific Gas St Electric
Co—
1st St ref
mtge 3%s series 1—1966
1st St ref mtge 3s
series J
1970
1st St ref M
.
.
3s
.'1st
St iet mtge 0s.sef
1st & ref. 2%s
ser
Pacifio Tel 6b Tel 2%s
': 2%s
debentures
Paducah St 111 1st
s
N———1977
P——1981
debs—.—1985
f gold
1986
4%s—1955
Paterson St Passaic G
& E cons 58.1949
Pennsylvania-Cent
'
*108%
*105%
—
—
106'A 106'A
106%
106
106%
106%
.106% 106%
106%
105% 106%
102
101% 102
101'A 102
102
104%
104 % 104%
*104
—
*107 '/a
—
108%
109 Va
105
109%
j
conv
inc
110'/2
110% I A
1117/*
I
t'
;
105%
100%
100%
107%
104%
107
107 Va
102
111
Southern Bell
Pennsylvania
4s
Co—
series E
.Gold
!
i
54%
AA Consol
gold
1965
4s__
1948
48
125%
107%
102%
113%
104%
104
104%
103% 103%
103
107y4
105%
119% 119'/2
119
General 5s series
116'A 116%
■•122'A 122%
131%
113
128%
120
139%
112%
112%
135%
General 4%S series
D...
.1981
A, Gen mtge 4y4s
series
B———.^.1984
Conv deb 3'As
1052
V -Gen
vatge -3y#s. ser
f
—
;F-———1988
For
footnotes
see
page
3313.'
—
115% 116%
116
116%
102 ,102%
101
101%
.
104 Vs
107
106%
135 y8
101%
111%
99%
107%
>
■
&
2%s
gen
1977
ser
6%s
G
1986
m'%
1994
1936
Sunray Oil Corp 2%s debs.
#*%
$**■$
****
I-1
—1056
lit
1956
nt
1996
ii*
1931
Southwestern Bell Tel 2%s debs.—1985
A Spokane
Internat 1st gold 4%s—2013
Stand Oil of Calif 2%s debs
Standard Oil (N J) deb 2%s
*t
.—1996
1961
—
1st gold 5s
St Louis Div 1st
gold 4s
Mb
m
1981
1950
Mem Div
Swift St Co
W 'ir
m% m
Co—
Southern Ry 1st cons gold 5s
Devel & gen 4s series A
Devel & gen 6s
.
Devel
103% 103%
*103%
103%
RR
1st mtge 2%s ser E
„
102%
Pacific
1st mtge
>
.
—1979
1985
1994
1969
1st mtge 2%s series F
sterl stpd dollar—..May 11948
Cons sinking fund
4y2s
1960
General 4%s series
A—.—1965
B.—i——«—.1968
4%S
Gold 4%S
San Fran Term 1st 4s
—1952
.....1975
3s s f
debentures
Pennsylvania RR—
Tel Co—
Southern Indiana Ry 1st
mtge
i
Southern Pacific Co—
iji 1st 4%s (Oregon
Lines) A
Southern
A
trust ctfs
Tel St
3s debentures
•V, 2% debentures
i
107'
"
?
103'A
<
,
111
ral
Airlines—
debs.....
..I960
Pennsylvania Glass Sand 3%s
1960
Pennsylvania Power &
Light Co—
1st mtge 13s..
;
i
105
105
105%
f§ ASilesian-Am Corp coll tr 7s
1941
Skelly Oil 2%s debs
;
1965
Socony-Vacuum Oil 2y2a
..—1976
South. & Nor Ala RR gtd 5s
1963
t
.
3%s
Gtd
■■
..
series K
—1971
1st Ac ref M 3s
series L—1974
;lst< & ref M 3s series
M
1979
mtge 4%s ser A
—.—2016
t A Seaboard All Fla 6s A ctfs.
1939
Seagram (Jos E) & Sons 2%s debs 1966
Shell Union Oil 2%s debs
1971
1966
1971
.—1966
debs———1961
...
'7
:i
.'A
> •
?
.
"
"T T-!""
'•
-
THE COMMERCIAL & FINANCIAL. CHRONICLE
Number 4SSI
Volume 164
NEW YORK BOND RECORD
DEC.
RANGE FOR WEEK ENDING
1#*#*
FMtet
V
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mm
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New York Stock
Bangs Sine*
January 1
—
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Lom
A7s
123
Cons Munlc
K 112% .125%
1960
(Hukuang Ry)
v
y.
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Colombia
;jj,\r,
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of: 1927—-
ACosta Rica
Cuba
120
Iretdwsfi
New
85
85
81%
55
51%
51%
51%
56
US
51%
51%
51%
59%
.1947
f-a
51%
58
3-D
•48
-
94%
1953
Jf-N
U-N
207/e
1949
MS
4 Vis
1949
F-A
1977
3-D
.1953
JS
93%
94%
91
92%
93
88%
>
20
20%
19%
External gold 4Vis
J- J
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110
106
111
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i.
104
108%
110
115
110
1962
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102%
106%
Irish Free State extl
100%
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101%
100% 101%
115
1100%
102%
103%
110%
;
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f
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21
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22%
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1
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—
21%
22%
30%
21%
6
30%
24%
30%
•
J-
a
f
1947
14
_
24
>
35%.
24
11%
1963
48
41
2001
31
iora
35
2006
41
1952
>47"??
45
75
Stamped pursuant to Plan A
•
(Int
reduced
to
2.25%)
(City of)
(Int reduced to 2.375%)
AExternal sec 6%s_.
'?
43
95
100 J1*
.1947
8s._
103%
52'A
38
.1946
Stamped pursuant to Plan A i
Ij'iX
1
22%
30%
22%
<2
21%
30 %-
20%
20%
20%
rvn*
J-D
20%
28%
20%
.20%
.19%
28%
—
3-D
—
21
"
7
25
2001
31%
50
1953
35
48
30%
45
^
SECURITIES
A-O
ftf-lf
*
•
20%
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25
20%
..
25
20%
r:'"'
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'
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2
29
23%
29%
19
.
13
29
20%
.
28%
19
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-
17
P.ARL MARKS & PA INC
ft
,
h
FOREIGN SECURITIES SPECIALISTS
28%'
19%
5
21%
MARKETS
-
21%
..
20%
.
^ f
Stamped pursuant to Plan A .:>>>>
(Int reduced to 2%)
2012
;0I-
50 Broad St., New York 4, N. Y.
',01*
Vt.gOl:
P.tiOl
:
V
or
Telephone HAnover 2-0050
Teletype N.
Y^l-97l.01;
'
32%
12
1950
7s
assented
31
1968
AStabilization loan
a
.
mimd
23
12%
1958
'
?>->.
A
r.
«>:?*:■
1940
VTRM TRADING
23'A
Jf-N
>46
17% >33
29%
21
—
22%
23'A
——1P3
106%
3oy4
20%
>■:.
"
22%
1 sag
100%
30
.1961
v^'7.'
•
FOREIGN
30%
21%
,
16
—-
..
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■■
-
■
—
Jf-N
mi
105%
1® •'M
For Financial Institutions
22%
„mi
•
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30%;
22 %
,
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-
30%
..
,,
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98%
'
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102'-
100%
105
y
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land 4
ioo%'>>ioo%i«o%>>f
*99%' $>99% -
30%,
;
30%
——
»A A
1
„u...Wt
AfiHs
103%
(State
ARio de Janeiro
i
3-D
■;r.
103
'
22%
us
A-O
99%
69%
30%
23
22
-Sy,
Queensland (State) extl 6s
30
21%
14
/•j
.1958
103
63%
4
22%
w
102 Vi 102 Vi
103
102%
12
22%
us
:
22
22%
A-O
-lortfaft $*$&
Afi^f aa*®a4*S
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100
■
?;
23
22
107%
107%107%
Alegre (City of) 8«—II—y-lQfil
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- •
: v
114%
?'
103
'
100 %
104 Vi 104 Vi
1963
..1970
APrague (City of Greater) 7Vis
108% 112%
108%
:'5
23%
jf
tnWM.
etaSi®* im&
ASISAledUl—W—1.1.. mmrnm 1443
A Bint ng
51%
22%
l«ft
..
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A Chile
5
22%
22%
104
'
22%
r-A
AWft 1*41
:
14 i
.? ?•■.
r-A
siaAUif P*#4
A External ts»kmg.
■■
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>>.
22%
mi
f
h 6»
■
51%
.
loan
-
A Porto
101%
101
101
94
74%
2
d'O
tsu««.m iMi
ajMrored
Afiii
AKxC
,
104
A4Vis assented.
:
>
p 90%
109% 109%
JS
103 Vi 103%
.1965
101
100
.1956
4 Vis
AExternal sink fund gold 8s
101
88%
,
30%v
.
A-O
*a.
ARy txtersal
108% 109 %
99
87
•; 2
92%
JS
us
86%
9-b
,
us
A External
*, a Ext
92%
..
f 7*_s 443
34
,
99%
100% 101
—
ACarlsl id (City) taw—
A Chile
95%
99%
42
100
100 Vi
100
1957
,A
*
A4Vis
-
[j
99 % 100
,
99% 99%
•we*
A-O
25-ystf 3 ieSw—11—11—«»w—w»*,aww«.j»«l'S41
;v
99%
r-A
f 46
(Int reduced to 2.375%)
AExternal loan 7Vis
•98
MS
38
35
17
64%>'>:-:
64%
?
(State)—
...
65%
46
42%
16%
«',
Refunitof » f #%^ps——ltt«
External r**4? S
,,,,,1971
Exter.al s I 4
W
35-'
2008
5s
v,vf\/.-v..V*1}•
•102% 103%
*r-a
Exter. *1
f
to 2.125%)
?.
38
1958
IA Poland (Rep of) gold 6s
A4Vis assented
65 >)
(.Prsttoes sf)—
A6s
,•
,
6Vis
A Nat loan extl s f 6s 1st ser_.__1960
».
Buenos Aires
agree
ANat loan extl • f 6s 2d ser
:
•101%
3-D
1942,
•
65"
65..a
18%
15%
1933
1947
of) 7s
Stamped pursuant to Plan A
(Int reduced to 2.125 ft)
...2008
APeru (Rep of) external 7s
i
1959
,
iH.
13%
11%
>13%
agree
v
:
65
*59% "64
•59% 62
r-A
,„,1
54%
.>56-1 v..
5:
*
»59%
r
Slnkfc f
59%.. yj-io.
59%.,
59 Vi
.
„
«
3%e Series Pa m
59%
59^8
:
f
sink fund
APernambuco
.
•'T 59%
'j .j1
65
65%
.55 *
'•
64
167/a
lb
.__.1_-.1963
Stamp mod 3 Vis ext to___
.1994
'Ext see ref 3Vis series
B^^j..l967;
*
64%
65% :
65% :,
.
s
22
:9%
agree
1945
5,
1
„
Ss^yW
,56
% HVa
12%
Panama (Republic)—
\
AStamped assented 5s—
65;
..
s
4s sink fund extl
-
.t,v55Vi. •65>,y
v
32'A
16 Y»
agree
1954
194.2,
Municipal Bank extl s f 5s
Oslo (City) sink fund 4Vis..
&
64% '
>T
59% v
1942,
5,
Nov.
(Int reduced
External
/>
65%;/
55%
;
—
,?6 2 W55%
3. ;■*:? 55
Nov.
to
external
External
85:
70
24
21
1945
5,
Norway (Kingdom of) 4 Vis.
77
65%
64%
104%
(State)—
New South Wales
68%:
iySJ
101 Va
;;;•
io
1942, agree
stamped pursuant to Plan A. •
(Int reduced to 2.125 ft )_2008
ASee external s f 6Vis—
1959
Stamped pursuant to Plan A
->
68
.-n 76
.:
77% :84'
59% i
59%
66
*60
i
i
v
82
61*?
*•
'
ii.r;:-,. 77
*59%
A*riss p*.
3%e Series MP
'*'■ p*>63
f+Zn
•59%
■
•k3%» Series S*^
58
*59%
;
Brfsbstp (Cttft * f »«
102 %
27 Va
v
,f
64%.,:
:
ASec
i
l: *."-3,1; -3-;
76
68%;
59
85
;'v
■
•
'.U-';.;u:K79%;
V 85-
;
.•
58
*83 1
II
3%» Series Pa.
19%
100
1943
5,
Nov.
to
AAssented
.•
84; ; >'
68%
1
85; '
•60'
3%» (Pries Pa
10
1954
AAssented to Nov. 5, 1942,
lATreasury 6s of 1913 assent
>77>;.,?;
^*4.. 31
i- 5
5.
•83
II
•
22
11%
1957
AAssenting 4s of 1910
>.
58%
v
10
i
HU,
■■A
Mlnas Geraes
52;
Nov.
to
AAssented
58%:.
64
69
r
-
to
AAssented
;
?y
•
'
I
m.
3%t
104
;
9
AAssenting 5s of 1899
76%
;
59
i.
•63%
-
MA fl»
p%
i-i
e63% e63%
f
v
3%* Series
-,v^
3
63% ..64%.>-
43%
3%»
3«*
111
104
95
„
■
85
;
65
iPiajs »f
II
.3%*
yXrt®
'
M
m
104 V*
■
102
7s
(Colombia)
AAssenting 4s of 1904
53
59
•51
:■?[.
•ms
14
3%l
76%
■;»; 62%
:;>•>
.Uftl
3%a Aorris ISat
Aeries Pa.
50%
>50
.
AMexico (US) extl 5s of 1899 £___1945
-♦
A
3% Across Pa. ft.
3%» As riot Pa ■IS.
3%»
85
—
59
—
3%» §«rtss Bn. ftw—.
3%s *«tm Ma. V •WWMmHWWMMF^
3%s A»ne« pa, i.
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55
2
♦67
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3%* S««1W» Pi*w 4.
3%» #«rs#a Jt«h
3%* ANies Pa.
3%s Arris* Pft,
50
104% 104 %
*105
1960
Mexican Irrigation—
A4Vis stamped assented
82%
62%
58
.
t
3%* Aeries Ifto,
t.3%i AeriSI An,
103;
.I960
f 5s
s
(State Mtge Bk)
A Assented
64%
~4
My-
AMedellin
118
55
'%$ ?
A Jugoslavia
103% •115:.-'4>'
i
110
65
55
#eew '
)
—
56
64
em»
.19
Extm is! » tomm «f i§44
a
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/
68
•54'?,;.:
'
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nt
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108% 109%
<mm
t/3%1 Ssrtss »<*. f
sii.
?:/s?
*111% 112%
'.
—
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,1% i (IMS l«i« iMNMfs
ft 14
Stsnped p-mmmm K#
3-D
103
100
—
103%
J-D
CSntrsi *yi^
<C»t fsduesd Is
M-S
101%
100%
101% 101%
102%
101
f 6s series A..,1952
s
14
A-O
Sts np«d
3%S farm fN*
131%
21
A-O
M
J-3
101
101% 101%
*ioi%
;
*ioi%
101 : 101%
•101%
104 %
104 V*
>\ >;
part paid,..^,.,...M...,,1964
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T
,
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>
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V
A7s
>>'
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of
* .v
102
90 %
98%
'
103% 103Vi
A-O
% i
^
•20
1QR7
1949
>?■>>•■■ 10*9
■
117
96
98
r
Greek Government—
>33;.?:?,'
4 >> 100
110V» 110%
A-O
"A-O
:
(Republic of) 7 a
Republic 7s stamped
unstamped
98%
__
•
33
i
17%
/
7k
Haiti. (Republic)
r^«a A
AExurasi « I
'V
'';?.
101
1969
A Estonia
French
33%-;
,18
I
—
'
37% >
21%
1, > is
\
M-S
,1969
100% 101%
2-B
i 4H* H i*M,.
Btsnpsd
i iu
37%
'-i
5? m
■21,>>>/ i
r.
38
series,
A-O
1961
series
2d
103 V*
</*o
SU i\p<t4 fmtmmrn m riaa A
t ft* mS^E-osi i# ) s A 4«
i
mm—
21%
"
-
1st
A-O
1940
38
21%
?
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100%
JS
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•
ioo
US
w
j^.Aktsnisi g |
e
*18%
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31
*18 u
110
Belglun txtsmsi
•
v
AM*
-
Jf-S
1940
Customs Admin 5 Vis 2d series
117
99% 100
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1942
5%s
us
-
10-ywr
AEXtemsl
*18
:
5Vis
tf'
24
85
m »7% 104%
w-
24%
f A2d series sink fund
M-M
F-4
4s of
X
24
21%
A-O
9 4V»i «$
Kx 18CIS*
*21
:•
85
77
?? >10
22%
*21
..
#*#*•
it «f
Extecisl
"
•»./.•*. vt-f
mm.
IA Dominican Rep Cust Ad 5Vis
iAlst series 5Vis of 1926
M- 75:.:H
:'tic* mi ±
v;/
..
21%
HAm
"##•*:•
;
:
A-O
wzut^Wbl
?
22%
U^^UU
Kxtsnisi
A7s
i-.''
•85
J«J
* t* 34
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•
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—
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.
mm*
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f-4
113
98
•108
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109
?110
'100% 101%
F-A
99%
"39
;■•>•111%
110 •' :110
110
A-O
A-O
' 100
^
92%
.1951
7s
ACzechoslovakia (Rep of) 8s ser A.1951
ASinking fund 8s series B
1952
lADenmark 20-year extl 6s
1942
External gold 5 Vis
;
11955
fanigs £♦«*. (ft Mawtrifwl
Agricultural eft## $»*.&<&
70
A-O
11946
Sinking fund 5Vis
T eletype
NY 1-1693
*
91%
90%
81%
55% -56%
4Vis external debt
York
-
.1952
(Rep of)
loan
14%, 37
A-O
.
85 —85
(Republic of) 5s of 1914
External
WERTHEIM & Co.
28
15% v
A-O
Copenhagen (City) 5a
25-year gold 4 Vis
D
27
1
15%'
J-J
Mtge Bank 6%s
ASinking fund 7s of 1926.1
ASinking fund us of 1927
Foreign Securities
High
18%
18%
19 Vs
1947
bonds,,
$
Low
1
3
19%
..11970
„Jan 1961
f
Range Sines
January 1 *
>•
.
Oct 1961
s
-
••?. *
(Republio
external
i-*:
No,
3-D >V>
1951
5s
A 6s of 1928
3s
US
A Colombia
WhwaAers Mew Ysrfc Stock Exchange
Sold
,
High
19%""19%
US
.I960
7s
assented.,
AChinese
>
Rater
Bonds
Bid A Asked
torn
A Chilean
114
Last
•ale Pries
High
*** Ww* CW jr
$,2% Corps* i»» Busd..———.
'
Interest
farted
Transit Unifk*KtMi f«**e—
113
Week's Range
or Frlday'a - v
Friday
'
Exchange
'S.
■
Monday, December 23, 1946
CHRONICLE
THE COMMERCIAL & FINANCIAL
NEW YORK BOND RECORD
"
RANGE FOR"WEEK
Friday
BONDS
Last
Period
Sale Frioe
Friday's
or
Rio Grande do Sul
A8s
extl
No.
High
$
*rj
v-y; ;
',V.;i- ? '< \i $"iz • y'
'*:• j' K
"h-.
Week's Range
Friday
Last
J
Friday's
or
Bends
Bid & Asked
Sale Price
* V-; r,
Low
Range Since
{
Sold
January 1
1921
38
37
32%
lAlst is Coll 5s
52
35
33
—
•
*30:"
1999
(Int reduced to 2.5%)
A 6s external Blnk fund gold
—
50
45
;
36
>>
v. 30
um
36
2012
:
v
■
v
39%
_1952
-
:
x
Consolidated
^ J-JfW:
5s...—.—..—1955
Bush Term Bldgs 5s gtd
38
105
wi'
9
Stamped pursuant to Plan
2004
(Int reduced to 2.25%)
—1967
municipal loan
Stamped pursuant to Plan
(Int reduced
A6%s extl secured
1957
(State)
8s
Canada Southern cons gtd 5s A
Canadian National gold 4Vis
Stamped pursuant to Plan A
-
v-
——.
^
to
?
B
^Central of Georgia Ry—
§Aist mtge 5s————.Nov 1945
F-A
lACcnsol' gold 5s—1945
ARef is gen 5VaS series B—
.1959
52%-
*45 —
55
50%
44
85
63
63
A-O
External
37/8-4%
15
8%
21
30
8
16 "
16 v*
1
16
15%
J.
11
1958
*100
AiVis
(City)
J-D
J-J
A 4s
'^5
-
120
132
—1964
*115
'
123
" 123
IfS
95%
*92
_1978
102
-
.1984
88
1958
*17
1958
12
96
external 7s
assented
)■»'■
90
1
83
20
'J J,
18
;
'12%
•
7%
33
102
32%
34%
30
'jZ
—
RR
is
24
60Va
31
23
~5
'105% 105%
105% 103%
F-A
2d COhSOl gold 4a
.....
t A Chicago is Alton RR ref 3s
Adams Express coll tr gold 4s
1948
Coll trust 4s of 1907
Alabama
Great
Southern
3%s
1967
1st mtge 3 Vis
Alabama Power
J-D
-1947
_1972
Allis-Chalmers
Am &
American
3s
Mfg
2s
debs__„_„1956
Foreign Pow deb 5s
.
debentures-
•
—
J-J
*104
'
A-O
.
s,
-
,
A.
X';4
104% 113.
1QRO
108
2
138
151%
8
140% 140%
140%
M-N
105% 105%
105%
105
126%
J-Jc
•J-J
*121
44
'
r
127
i.1956
—
J2..
101% 110
101%
• 100% 101%
2%s debentures
1975'
102
101% 102
2%s
>-
———1986
——1969
A Anglo-Chilean
Aim Arbor 1st
Nitrate
;
97%
98%
116%
115
109
A-
—
94%
•
*96%
• 94%;:.; 94%
...
Stamped 4s
Atlanta
Charlotte Air
&
1st mortgage
3%s
Atlantlo Coast 1st
Llhe
4s—July 1952
-r~
General unified 4Vis A———-—-1964
Second
141.
mtge gold 4s
Stamped modified
1
2044
1st mtge 3s ser B
Apr
r
F-A
f
103%
r
f7"
'Jjf
J-J
'101%. j02%
.
7,
k
:
-1
47% -51%
65
57%
889
•99 Vi
%.
1 1946)
••
99 %
due
J-J
Ref is gen ser D
Sep 1 1946)
(int at 1%
due——
to
j-j
At-N
-
Ref it gen set F (Int at t% to
>
Sep 1
A Conv
1946)
-
83% 107%
Ref gold 4s extended to—1951
8'west Div 1st M (Int at 3Vi%
to Jan 1 1947)
due
83%
Toledo Cin Div ref 4s A
87
1959
87
91 Va
4s
..••••
1981
stamped
"96%
General gold
■:
7
33
33
92
'■ •-'••:
11
■.
,
1951
2 :
98%
2
*101
«£*»
Bell Telephone of Pa 5s series C—1960
iRef is Impt 4 Vis
:4r0-h:t:-
96%
98%
Series D
__
*128
1
98%
—.1950
3 Vis gtd
62
76
Indus
Loan 2% s-
Bethlehem Steel Corp—
98%
J-D
*._
J-D
84
85%
J-J
J-J
1st M
1970
J-J
1967
M-N
1961
A-O
1st gold 4%s series JJ
1st mtge 4s series RR
AInc mtge 4Vis ser A
100% 101
M-S
—1953
5s series n
101
1960
—July 1970
1A Boston & N Y Air L 1st 4s—1953
J-J
*-
42
*94V4 106
,
90
89
M-N
v
F -A
:•*
90
68
60% 11%
40%
43
109
84
104
50,
Columbia
39
85
►
■•V* ?•.
Bklyn Edison cons M 3%s.
Bklyn Union El 1st gold 5s.
Bklyn Union Gas 6s series A
4s
B
l
.1966
M-N
.1950
F-A
1947
1969
debentures—
MS
mtge 27/as
1976
Buffalo-Niagara -El- 1st mtge 2%s_l975
Buffalo Rochester is Pgh Ry—
Gen
modified
(interest
to May 1, 1947) due
Stamped
3%
For footnotes
see
page
3313;
:
J-J
M-N
103% 103%
1
103%
106 Va
106%
1
101%
106%
17
105 %
107%
>*106
M-N
-
106%
100%
"111
101% 101%
106 % 106%
If
997/a 100%
101% 102 Va
105%
31
|
A-O
99%
100%
20
101%
106%
Si Elec
3 Vis
debs—1971
70%
68%
70% > >v:
51
60 ;
92%
M-S
45%
60
4s—-.—1955
Commonwealth Edison Co*-V'
J1st mtge 3s series L
—...—1977
Conn Ry & L 1st St ref 4Vis
—1951
Conn River Powr s f 3%s A——*.1961
Consolidated Cigar Corp 3 Vis—*1965
Consolidated Edison of NeW York—•
F-A
& Tol
1st extl
*115%
*
1948
.**1956
debentures**
3 Vis
debentures*,w. *******..'•***. 195 8
:
108%
F-A
♦108
J-J
106%
103
A-O
> 103
100% 100%
•
A-O
J-J-
104 Vi
50
101% 102%
1,8
104% 104 Va
5
■■
■■
•—*-
111
107%
102 Va
103'
:
A-O
110
,103%
107% 107%
.F-A
116
110
.
111%
116
—
107% 108
_
3Vis debentures
—
.
84%
105 V'', 106%
1*104
>109%.,. >:
Columbus
110
108%
102% 104%
.104 %
^
A-O
3Vis
1957
58%
104
M-S
is
f
•
M-N
gold 4s**1948
,
at
Gas
104
104% 108%
; 105% 106.
Sou-Ohio El ,3%S.***1970
Columbus
106%
106%
107 Va
107
106% 107
A-O
1977
modified). .—**1980
Columbus & H V 1st extl
84%
20
:
*—1973
i
•
'
41
:
4Vis (stamped
103
107% lie %'
*1077/a 110
A-O
A-O
106%
i•
*4
110%
F-A
—*1972
106%'l
100
.
101
100
102%
99%
*102 Vi 104
1'''
100
93%
110%'
106%
-**'
♦103
M-N
100
>93 k
96Va
107 Ve 107%
,
72%
74
96%
v
119 1
119
.
83%
=
108 V*
81
-
"97'%121
81%
79%
*77
-M-N
102%
119%
*._
U
25
99%
98%
J-D
J-D
J-J
111% 113%
107%
99%
99%
10
Ji?
99%
...1961
4%s
Vis—*.
-1st s f 5s series B gtd..*
V 1st s f 4Vis series C
Colorado & Southern Ry—
i
> 102% 102%
>
63
100
102% 107%
56
111% 111%
\
F-A
Cleve Union Term gtd 5
35
1
■
mtge 2%s set I
Boston is Maine 1st 5s A C—
Cons
103% 103 7/a
A-O
Cleve Short Line 1st gtd
Beneficial
63
32 Va
70%
76
128%
98
•—-—..1993
B
107%
33
33
v..
33...33
-
48.—..*—.to—*....1893
series
5s
Louii
series E—.1977
Cin Wab is M Div lBt 4s.——1991
*St.L Div. 1st cOll tr gold 4s—**1990
Cleveland Elec Ilium 3s
1970
Cleveland & Pittsburgh RR
Series C 3Vas gtd——*—*1948
37
96%
1951
Beech Creek Extension 1st 3Vis
67
89%
91%
Bangor & Aroostook RR—
Con ref 4s
94%
93%
General
—1950
& St
108%
105'
105% 105%
A-O
w———1966
debs.*.*—.1961
deve Cin Chic
108%
102%
105Vi*H2Va
.
t
100
104
.103% > 103% 103 Va
106106%
.106%
F-A
City Investing CO 4s
—Feb 11960
; Pgh L E & W Va System—
...
106
83
106% 106%
.
•
City Ice & Fuel 2%s debs
due—_1998
due—:
98%
'
lit mtge gtd 3%s series E—.1969
1st mtge 2%s ser G —.—*—1974
,
2090
39%
Ho
83
83
|
M-S
2%s——1975
99%
i
92-.
..90%
J-J
^l-O
Cincinnati Union Terminal—
-
72%
61
100% 103
•
tAChoctaw Ok is Gulf cons 58.—.1952
—1995
19%
-
•98% 103
1962
Cine Gas ft Eleo 1st mtge
4 305
274
•
38%
43
28
—
to Dec
106%
157
;
J-J
1st & ref 4%s series D
7l!
53%
76%
25%
J-D
tlAChilds Co deb 5s part paM.^..l943
fADebehtttres 5s part paid..—1957
.
99
-
J-J
■
(Int at 4% to
Oct 1 1946) due
—July 1948
Ref it gen ser A (int at 1% to
Dec 1 1946) due
1995
Ref it gen ser C (int at 1%%
98%
»
92%
-,
w,27
J-D
Chic & West Indiana conv 4S._—1952
—July 1948
98%
10.7,,:.
60
378
v
J-D
—1983
..—1963
,
bonds—
>
.
376
61
73%
>.-67%:
M-N
Chicago^ Union Station—
1st mtge 3 Vis series F
1st mtge 27/«s «er G
1st mtge gold
-50%
A-O
M-S
Chicago Terre Haute A: S'eaStern Ry v
1st ds xef M
1994
„Income 2%-4 %s.m 1 i**.««>.,i.i3994
103
•
82%
*58
>76%
104% 105%
74% 107%
48
96%
26
•
•;
110%
98Va
V'■
•
—1966
31
2
63%
80
80
58
87
60
99% -99%
-
,
AOonv gold 4Vis
.
•..—.-I960
Chicago St L it New Orleans 3s—.1951
;
»Gold 3%s_._—j.._—_195l
Memphis Div 1st gold 4s.—..—1951
U
10
99%
.85
83
60%
-
99%
•
J A Secured 4%s series A.—.—1952
„
-
105% 105%
-
84 Vi
62%
>-.81%
Apr
J-J
AGeneral. -4si.ii.-;-——.u.^i»**«iL.1988
<
Baltimore & OhlO RR—
1st
Jan
B
ACertlficates of deposit.*.—^——.
ilARefunding gold 4s_ 1.1—.—. 193 4
40%
4D'
*
-..1948
mortgage 4s
Refining 2%s debs
ser
105%
-
-
{Chicago Rock Island is Pacific Ry—
106% 167%
107%
.40
;
V
Atlantic & Danville Ry 1st 4s—1948
Atlantlo
113% 124%
114
131%
99%
Apr
99%
83
48-
46%-
.
*105% -V
<> 105% i&&
84%
38
64%
64%
•
-48;
J-J
Jan 1 2019
ser A
—.1989
tlAChiaago Railways lst.5s'stpd
*•25% partial redemption—.——1927
126%
•
144
.
49
& Pac RR—
A——.j^»«.1994
4%s inc
4%s conV Inc
Ry—
——1963
cons
Paul
St
Gen mtge
Chicago is North Western Ry—
2nd mtge conv Inc 4yas—Jan 11999
lm
H
64%
•
J-J
J-J
'..1st mtge <4s ser
104
71
4s_—July 11995
.—July 11995
A—.—...1983
88
104%
84
140
87
f
J-J
#
..
gold
>85
45%
J-J
J-J
103%
36 Va
140
140
106 %
96
86%
86%
•
119 Va
99%
99
41- 43
;
M-N
t—2003
Chic Milw
105%
§2% ioO
■
109
98 Mi
J-J
Jf-N
Chicago Ind is Sou 50-year 4s——1956
100%
94
mtge 4s inc ser
;,A2d mtge 4 Ms inc ser A?....
*03%1Q7%
Atchison Topeka & Santa Fe—
General
4s
Adjustment
F-A
F-A
-A 1st
107%
107%
116%
;
102%
.
deb.
gold 4s
v
.
-
97
f>104%v*.1037«'i04%;
105% v 105% 105%
—1962
3s debentures
9.8%
115%
debentures——-——-1961
conv
Amer Tobacco Co deb 3s
99%
100
109% 119%
114
100%T01
f Chicago Ind St Louisville-Ry—
118%159%
1980
2%s debentures
———1985
:
112
114
>
F-A
.1977
1st mtge 3%s ier
—.1983
Chicago & Erie 1st gold 5s
1982
Chicago Gt West 1st 4s series A
1988
AGen Ind mtge 4%s—Jan 12038
07
128
debentures
series B—.,
AGen mtge Inc (conv) ..——1997
104.'
100% ;101%
61
4 Vis
112
J-J
.1958
,
124
42%
43%
A-O
126
>3
fM26% 126%
107%
107%s
135%
104%
25
105% 106
1105%
F-A
50
43%
102
*103
J-J
—1949
.
1st & ref mtge 3Vis
116%
105
—
.
,
*100 >100%
>107% 108%
107%
4f-S
111
«~18%. 98%
.
ref
110
*46
«l8t & ref mtge 27/ss—.—.—.-1970
Chicago & Eastern 111 RRr— •
•
-
A-O
'•.M-S.
1st is
.
Telephone & Telegraph Co.—
conv
2%s
-2030
General 4s
.
>100% 104%105%
> "i,
*100 Si
>
>.>..• 100
103%
"■
*103% 104%^'
.
-..103% 105%
"108% "108 108%'
'14
106Va.l09%
M-N
Albany & Susquehanna RR 4%s_1975
Alleghany is West 1st gtd 4s
il998
"
1
jif-a
"
COMPANIES
AND INDUSTRIAL
52
108%
105
6
Chicago Burlington & Quincy RR—
RAILROAD
58
104%
*106% 108
**
stamp^(partial redemptlon)««1942
General gold 4% s.—.1992
18
61%
178
^
■
Ref it impt mtge 3%s D———1996
Ref is impt M 3Vis series E.
.1996
R is A Div 1st cons gold 4s
1989
.
28
Banking Co—
Champion Paper it Fibre deb 3s—.1965
Chesapeake is Ohio Ry—• •
:
21%
106 Va
85%
28
.21%
F-A
•91
•
35%
A-O
102-
6
88
88
34
registered—1987
J A Central
99%
86
••
102-1
.
86%
35
33%
»^(4%%" to Aug'll949)i^i^7^
100
87
.c
.
109%
108
*—108%
*L
29
44%
:
,
J-J
.1974
5s
30
J-J
33%
85
37
10%
...
A-O
4s—..—1987
:1st & ref series A
i
52
126
'
•J-J
■
gtd gold 4s_1949
99^
86%
1<m
96%
1978
conv
54
97%
-
•
-1979
*65%
Central Pacific 1st ref
;''v
132
*115
•47
*—
Central N Y Power 3s
98% 104%.
102
132
A General
20'
1960
6s
3%s———[l966
light
Eng. 1st gtd 4S.—1961
1987
registered
—.1987
A 5s
.
,25
1946
6s
conversion
extl
10
'
*13
1955
4-4%-4 Vis extl readjustment
3Vis extl readjustment
AWarsaw
16
14% -15
;■
108
46% '87%
10%
33%
61
65%
15%
20%
($ bonds of 1937)—.
4i88s
63%
14%
t A Cent. New
96
85
15%
Central Illinois
9Va
•
2
63%
t ACentral of N J gen gold 5s.
-1958
73
101% 101%
M-N
105%
101%
13
A-O
—
107
102%
95%
94%
-A-O
5s series C
■
External readjustment——1979
.*'?
77
63
9%
AExternal sink fund
AExternal sink fund
3%s-4-4%%
1
'ft'-
..9V4
Sydney (City) s f 5Vis
AUruguay (Republic) extl 8s
gold 4s
82
tl959
..ARef is gen
44
*70
*
1962
(Prov of) extl 7s—,
A4%s assented.
107 y« .109
91
75
.-'*-—v~80 ;•<"
AChatt Div pur money gold 4s._1951
JAMobile Div 1st gold 5s—j—1946
50 %
(Kingdom)—
A Silesia
4
♦102% 103%
J-D
Branch U P 1st
f"
116%
103% 121
107% 107%
F-A
extl——.1962
sec
MS
1948
:
& Adir
t
123% r
111%
36
....
A Cent
64
.
series
104% 105
104%
F-A
>
13
112%
103% 104%
52 Va
Stamped pursuant to Plan A
(Int reduced to 3.5%)—1978
A 78
112
1
119
>117%
*117% 118 Vt
•
Iff:-'
118% 124
>
*118% 119%
A-O
125%
118
>
113%
H
"
/1/F-A
125
•113%
4
.
108
118%
12
113% 113%
113% 114
—•;
105%
105
■JW
F-A
2012
A8s secured external
-m-rn
:kJ-D:'^m
f
J-J»I
1970
103%
■
mm-m
119
;
A-O
-1940
Serbs Croats is Slovenes
J-J
Oct 1969
119
1st gtd gold 46—1981
'V7: '
I 7s
s
119
Celanese Corp 3s debs
1965
Celotex Corp 3 %s debs—.u^iiiiil960
-1968
J A Secured
J-J
llll!
107 '/
106
•
Oart
*55
2.25%)— -2004
(Int reduced
:
106
'105 Vi if
*104
\
65%
-1956
Stamped pursuant to Plan A
(int reduced to 2%)
■■
j-'-j; ■*
A-O
1957
5s
y.
70
/■
Stamped pursuant to Plan A
AOs extl dollar loan
^
M-N
.
12
103% 103%
103%
*50
Stamped pursuant to Plan A
-.1999
(Int reduced to 2.5%)
A7s extl water loan
ft
•
*55 >
(Int reduced to 2.5%)—. -1999
A8s external
;
-1950
,
5s
;
Can Pac Ry 4% deb stk perpetual—.
Carolina Clinch is Ohio 4s_.
1965
*63%
J-J
——1936
gold
jr.D
1992
Guaranteed gold 4%s
—1955
Guaranteed gold 4 Vis
1956
f Guaranteed gold 4%s—
1951
v;
37
*30
gold
Guaranteed
-
17
*.* "
Stamped pursuant to Plan A -l.v'f-y
(Int reduced to 2 %) -———2012
v.
lASan Paulo
1
36
36
;
1st M3s._—1970
Calif Oregon Power 3 Vis——1974
40
*30
Power
iiliii
:>•/>
C
California Elec
2001
f
s
40%
46%
Guaranteed
2.375%)
to
30
38 Vi
33
1952
(City) 8s
Stamped pursuant to Plan A
109
104
■'/.r■
*33
; f.
IA San Paulo
'
106
38
*30
2004
to 2.25%)
56%
107%
85%
2
105
58
104
■
'.YV"!■;
A 7s
30%
30%
'
9
*105%-..
95
95%
A-O
1960
39%
38
of deposit——
1st 4s
4 p.
3
30
*33
1926—
34
.
Bush Terminal
A-O
—1934
A Certificates
•
Stamped pursuant to Plan
(Int reduced to 2 %)—
(Int reduced
High
Low
No.
High
IBurlington Cedar 'Rap it Nor—
Stamped pursuant to Plan
A7s external loan of
..\
lnlSfMt
Period
High
Low
:
,
;V>v
New York Stock Exchange
Range Slnee
January 1 f
Sold
(State of)-
of
loan
Bonds
f
Bid & Asked
Low
'
BONDS
Week's Range
Interest
New York Stock Exchange
ENDING DEC. 20
105 Va
>-100%
103-
101% 104%
104%
:
yolumr; 164
THE COMMERCIAL &
Number 4553
-
FINANCIAL CHRONICLE
NEW YORK BOND RECORD
ENDING DEC. 20
RANGE FOR WEEK
Friday
BOND 8
New York
Interest
Period
Stock Exchange
Bale Price
Low
J-J
4ii-»»«.1954
tAConsol Ry ntin-conv deft
J-J
^1955
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4s
A.ti:i;AAAAA_;Alff56
'Consumers Power 1st mtge 2%S_a1§75
Continental Baking 3s debs ij.ii i,..,.ii.l965
tACuba Northern Ry 1st 5Vis
1942
ADepOSit receipts..—
ACuba RR 1st 5s gold a_aa______1952
4s
ADebenture
'
—
*
104%
J-J
'
.
jr-D
'
'
;
•
—
83%
J-D
deposit tCttAadUWUiwlNI
84%
45
45
*44
—
'
y
108%
106
46
A 1st
A
52
80
40
86
1
'
-
High
106%
106
,
.
53
•.
•
■
-
1st 5s B_—aaa1972
85%
—1959
James Frankl & Clear 1st 4s
a. '
106%
102%
102%
105
102%
Central Pow & St 27/8B_a_a_1976
Jones & Laughlin Steel 3%s
._1961
Jersey
*103%
102
6s__A___i944
jAIntemat Hydro El deb
Int Rys Cent Amer
'
107%
102
V
aa——a-1956
A 1st gold 5s- series C
y;
48%
53%
43
97%
juaaaaa..-aa-1952
A—i.July 1952
s—aaa.—A.5L956
A_
series
6s
96%
Adjustment 6s series
A 1st 5s series B
43
aa"
103% 103"%
:
95
104
international Great Northern RR-—
61.
-2
:
Low
100%
*99 % 104'/8
100
^
"
Indianapolis Union Ry Co—
Ref & imp 2Vis ser C—i—,_a.a1986
;
Range Bines
January 1
High
,
75
.
55%
,
1970
>1950
101'A
.
102% 103%
Dayton Pr & Lt 1st mtge 2%s
1975
Dayton Union Ry 3%s series B
1965
Deere & Co. 2%s debs
*—1965
Illinois Terminal Ry 4s ser A
Ind 111 & Iowa 1st gold 4s
,
103%
51
<45%v45%
*43%
.
.
76
33
<
36
49
'
,
T
J-D
6
,<
14
48
__
J-J
Low
y,;35 ":';,76^
41 &/./•.
.39% 39%
*34 41
103% 104%
*102% 103%
*60
-a
Bala Frist
High
Low
No,
High
Last
Period
Jftnuaryl
*31
-■
1
MS
A Deposit
receipts.aA7%s ser A deposit rotSAs.alAi.ji._1946
SOr B
'
.
J-J
■»
A 6s
•
Soid
,
Week's Rtifi
or Friday's
Bid & Asked
Friday
Interest
Bxohaaf*
Stock
York
New
Range Sines
Bonds
■'/
BONDS
*.<■
Wefek'S Rkkge
or Friday's
Bid & Asked
Last
105%
89% 107%
Delaware & Hudson 4s extendedAi—1963
Delaware, Lack & West RR Co—
N Y Lack & Western' div
1st & ret M 5s %er C—L.1973
■A income mtge due__A____—.1993
Morris & Essex division
Coll tr 4-68-a
a—.May 12042
Delaware Power & Light 3S
.^1973
iDehver & Rio Grande R&—
/■;? lAlBt consol 4«_
§ AConsol gold 4%s
;
1936
iDenver & Rio Grande Western RR—
A General
;
Kansas
1st
a Assented
&
7%
56%
&*»■***» jL9<W'
108% 108%
108%
Gen & ref
A Second
*108%
gold
•.
4s.l995
;
Detroit Term <fc Tunnel 4%Sa._*aa1961
„
Det Tol & Ironton RR 2% 8er B..1976
5Saa1937
1965
.
76.
45%
__
15
;
.35
'
37
35
'
123
*63
AAi
—1961
unguaranteed
Kings County El L & P 6s:._a—_—1997
Koppers Co ls£ mtge 3s__Laa_aa;aa1964
jAKreuger & Toll 5s ctfSjAs.JjAAAl859
Plain
322
.
105
107%
123%
65%
72
168 A 108%
71
*107
4%s
104
102 % 103
*.i
—
112
*112%
*105
112
aa
53%
106
120%
91% 98%
,
93 '
35%
106% 106%
.
-
■
,—--1961
Stamped
_
"106% 110%
67
75
1
10
'
107
92%
106%
MADul Sou Shore & Atl gold
61
:
92%
Duquesne Light 1st M 3s.
__
*59
aa_aa1995
4a_
29%
.
106% 169
106% 109,
—
107% 167%
«J%-63%
107%
1970
series H__a_a_
6%'
42%
57 •,
.
mtge 3%s series G.a—1966
Gen & ref 3s
Detroit & Mackinac 1st lien gold
t:
3
54
56'A
29 %
6%
'
687
6%
7%
imptSs series Bjwj.AAM.«.i878
157
8
7
7%
A_AAAAAt—
Detroit fedlson 4s series
*
Terminal Ry 2%Saa«A1974
Kentucky Central gold 48,,.,—aa1987
Kentucky & Ind Term 4%s_aa^11961
83 V*
107%
99%
103'A 103%
-—.—.**^,1975
mtge 4s Ser A
Kansas City
'
A Ref
70%
104%
*104% 107%
1st 3Sa—1950
Kansas City Southern Ry
85%
71
S A Refunding gtd 4s_ —A.«AAACM fit. 193d
A Certificates of deposit,
t
f 6s___-AAAi.fcA*a,——1955
s
gtd gold 4S.L1990
City Fort Scott & Mem RJr—
Kanawha & Mich 1st
;
•
32.f
104%
.
54,
iofiVe
Electric
gold 5s_.
cons
Auto-Lite 2%s
102 v
106%
111 /
Erie Railroad Co—<
Gen
1st
inc 4%s
mtge
cons
*75
mtge 3%s ser E
85'%
83 %
83%
106%
93%
1st cons mtge SYbs ser F
1st cons mtge 3%s ser G
1st cons 2s ser H
90
85 %
85%
*83 Ve
ioii%
103
series A_.
*85%
124%
r
102'A
*100
127%
111
1-
*100%
102%
105
debs..
Joliet & East Ry 3'As
SI Paso &: S \y 1st 5s—..-.....
5s
:-veAr::—; .^jV:
Elgin
115'A
100% 100%;
126% 122%
155
167
6sa.
Ga DW 1st
fed El 111 (NY) 1st
115%
98
Kast Tend Va &
99
.
106
91%
106
100%
100%
106
106%
33
65
31
60
35 %
69
35%
Ohio Div '1st mtge 3 'As__
62%
73%
40%
104
Firestone Tire & Rub 3s deb.
^Florida East Coast 1st 4%s.
A 1st 6t ref 5s series A.a
■
"
74
136'/a
114%
120 Va
118
118
67% 67%
*105;-107%
A Certificates of deposit.,
Francisco Sugar coil trust 6s.
' 94'/8
128
,
-164%
*iooy» 101
^8-^74 :f*
103% 107
103 %
107%
107%
114% 114 %
114
120
104 Vb 104%
103%
106%
106% 106%
Gas & Elec of
Berg Co cons 5s
1949
Realty & Utilities Corp—
General
104%
A4s conv inc deh«„-_v
Goodrloh
,
107%
104%
*102% 103
r
.,iQ73
116% 118.
*129
132%
^.1976
124% 124'/a
101% 102 r
100
100%
5s
series
v,*-
C
>
,
w
General 4%s series D
fer^Qen intgo 3^i:Ber
Gen mtge
Gen
120
96'A
86
95%
Gen mtge inc 5s
,
Main6 Central
-91%
99%
17%
i
Mead; Corp 1st mtge 3s_i_A_Aaaa J_1966
102%'104%
?
Metropolitan Edison 1st mtge
3
100
"107%:
|
26
;2015
77
Metrop Wat Sew & Drain S'As....1950
t§AMet West Side El (Chic) 48—1936
;
Michigan Central—
Jack Lans & Sag 3%s
*100%
7
12
4^197t
98
17
a.Aii.1969
,
B__a_-a_a-_1954
11957
(Southern Lines) 4s__1959
9
12
'
series A
RR 4%s Uf
& cofl 4s ser
16t mtge
Manati Sugar 4s sink fund__Feb
...1959
1st & ref 3%s series D_.uJ
Gulf States Util 1st M 2%s:
100%
94%
89
97
Gulf Mobile & Ohio 4s series B--.aa.1975
,
134%
'
AManila RR
Debentures ctfs B—
A
98%
104'A '
.104
101%
i
.
I
1st
.
2785-1974
1951
gold 3 %s
1952
...
impt 4'As series C
Michigan Cons Gas 1st mtge
V
-
100% 102
—
101%
*102% 108
109
54%
109
*50
5s^a«a1940
108
93
107
108% 113
54%
97,
96
*93;
•
Hocking Valley Ry 1st 4%8jwaa;».1999
_
Co Gas 1st gold 6s_j.a^._1949
40-year -4s series:' B.a._..--...-1962
'Prior lien 4'As series D—a^—1978
1st 5s A_.__i.1957
income 6s
-
Minn St Paul & Sault Ste Marie— .1st mtge 4'As inc ser A.A-A.Jan 1971
AGen mtge 4s inc ser A____Jan 1991
Mo Kansas & Texas 1st 4s«.U-i-..-1990
Missouri-Kansas-Texas RR—
Prior lien 5s series A
1962
Hackensack Water 1st mtge 2%s__1976
,45AHousatonic Ry cons gold 5sa«;,1937
Household Finance Corp 2%s_aa*.1970
Hudsdn Coal 1st, s f 5s series A.j.1962
A Ad J
102
102
*20%' 21
3'/aS_1969
&
1§ A Midland of N J 1st ext
Hudson & Manhattan
*104% 105%
1979
Ref
Hudson
.
(
AGreen feay & West deb ctfs
Greyhound Corp 3s debs
;
106:.
119
99% 107
99
10Y
96%
2010
...,....^.1961
102%
111%
--
*111% 114
140%
129%
,
95%
88
2%s ser P :aawv_~aa^1982
mtge 2%s ser Q
Geh mtge 2%S ser R
*103'A
il5% 122%.
!
Gen mtge 3%s ser N-»—A-.iAA*.1990
104% 113%
94 H 105
lOl'/a 105%
102% 102%
^101% 102'A
(B F> Co 1st mtge 2%s_1965
Grays Point Term 1st gtd 5s_aa_.a1947
Great Northern Ry Co—
General 5Ya8 Series B
.a.1952
General
89
71
...1969
n
103%
104
104
*104..
Feb 1957
'
A cum
C'1'' '
Adjust 5s series A^—dan
r'i.1
/
1967
■
^Missouri; Pacific RR Co— * /
/• Alstife ref 5S $eries AAi_i—-,—1965
A General 4s aa
__.a-aaa'_a-aa'1975
Dilhois ReU Tdieb 2%« b&Rs
Illinois
1st;
-
Central RR—
1st gold 3'a 8
Extended 1st
1st
JLa.1961
f
*104
a.—______________
Collateral
Refunding
trust
l-:'
*68% vW?'
Qf7
a_—__aa-.—1955
.
.
101% 101%
Refunding 5Sa
40-year 4%S__
100% 101%
80 •
81'
;
a__a.^1966
gold 4s
1950
Litchfield Div 1st gold 3s_L
.1951
Louisville DiV & Term' gold 3%s_1953
S Omahk Div 1st gold 3s
;
—.1951
St Louis Div & Term gold 3s___,1951
.
.
Oold 3'As___
Western
Lines
a
—aa,*—_____
111 Cent and Chic St L &, N O—
■af
_1963
Joint 1st ref 5s series A_
1st & ref 4%S series Ca—
1963
1st ref mtge 4s ser D_.,——*.^.1963
■■■
v.r
aaa
Aa—:
'^K;For footnotes see page 3313.
-
a
kt
\
i
.
>
v
M
ext_>—j.%1951
& Co 3s debs
^—1958
*105%
■102 %
*i02%
61%
-
gtd 3ysSi—4iA_2000
A—.1955
1955
Tel & Tel 2%s^.i-1986
72
5s. series
.64%
Constr M 4'As series B2
Mountain States
98%
.
*_.
105% 106%
100
103'A
a A'
102'A
102%
__
55
62%
73%
65%
89'A
58 y4
83%
97'A
103%
66
98%
105
.
103%
74%
102'A
103%
97
Mutual Fuel Gas 1st
gtd
5s_i—aa—1947
*93%
*100%
4s—1951
Constr
98'A
,*98'/*
1st gold
.
Morris & Essex 1st
.102
98'A
r
Morrell (John)
;•
97'
1951
Registered
vi
*99
:
_—a_a——__1951
Springfield Div 1st gold 3%s_
tr
*107%
Cairo Bridge
f
Montreal Tramways 5s
-98'/*-98%
a._1955
F.aa—aaa1977
Moh'it & Malone 1st gtd bold 4s___1991
Monongahela Ry 3'As series B
1966
QO
Purchased lines 3%s
,^_i._AAi4i.l952
Collateral trust gold 4s__a—..a_1953
,/
•
98%
98%
gold 4s_a_a.a_a1952
4s
...
*100
;™1951
&*ref 5s series
i Alst &
AConv
r'kJz■■■
*101%
1951
gold 31As__.__a-a.__1951
gold 3s sterling_^_^
A 1st
fef 5s series G_4—v----1978
gold 5%s _—__<-ii.,AAAAl949
Alst &;ref gold 5s series H,aaa1980
Alst & ref 5s series I—1981
-
goid 4sj».—...^^a.i.liAiA.1951
aA/
__
.
*99 % 105
*98% 101%
98%. 106%
90
105%
Nashvilid Chattanooga 3i St L6Uls^
lst mtge 3s ser B
a—-aaa—1986
National Dairy Products 2%s.debs_1970
National Steel 1st mtge 3s—.a. !
1965
t ANaugatUck RR 1st gold 4s^——1954
'
98'A
99
A
102% 103 y8
105'A 105'A
*100
-
^ S- 2 /i
103%
;'^;36A/ .im% ;105%
jS9v9iut&«W3&k. 106%
.
e:i06
rHO
THE COMMERCIAL & FINANCIAL CHRONICLE
Monday, December 23, 1946
NEW YORK BOND RECORD
RANGE FOR WEEK ENDING DEC.
Last
Interest
New York Stock Exchange
or
Period
*106%
1974
J-D
J -J
J-J
J-D
Jf-N
F-A
M-S
New Orleans Great Nor 5s A
N O & N E 1st ref &
1983
J-J
New Orleans
1953
J-J
J-J
Consol
Gas
oons
1948
1945
1945
1952
5s
IIANew England RR gtd 5s
I A Consol gtd 4s
New England Tel 8c Tel 5s A
1st
N
J
1961
gtd 4%s series B
Junction
RR
1986
gtd 1st 4s
Jersey P 8c L 1st mtge 3s
New
imp 4%s__l_1952
Term
1st gtd 4s
INew
Orleans Texas & Mexico
lANon-cum inc 5s series A
A Certificates of
deposit
A 1st
A
series
5s
A
5s
series
V,
A 1st
A
Certificates
A 1st
5%s
ACertificates
Ref
8c
deposit
—
RR 4s
series
A
1998
1st
85%
"78%
.78%
78%
76
F-A
F-A"
V
:{
99
A-O
*93%
'
—
103
Af-N
2043
J-J
J-J
1973
Jlf-N
series
Lack
4%s
B
West 4s series A
&
series
B_
ii4y8
1
'
-
:
7
;
y
103%
.103
SB
t A Collateral
s
t;
trust
ADebenture
4s
A
1st
1st
series of
River &
*105
■
:
109%
71%
71%
72%
£■ *75
■■I*;''-
Power &
§ A General
gold
5 A Terminal
:
Gen
& ref
115Y«
3s
103%
&
Ref
,
78
78
60
30
75
48% ;
38%
83
& 66 y8
(Minn)
1st
1st
52
70%
/ !r... 17
204
.:
*102% 107%
Af-N
1st
mtge
M-S
9%
10%
228
4%
5V8
J-D
A-O
..I960
A-O
101% 101%
Af-S
75
75
•105
M-N
'
"A-
15
0J-J
9%-
5s
series
15%
gen
5s
series
—
-
,
-l.
*33
*_i
F-A
1
Co 5%
El
;
*__
.
..
18%
18%
J-J
>
Jan 2047
39%
V.
1st
mtge
•-
41%
i
*90%
r
•'
'
88
■■
:
'
^ 105%
127
'J:
'''
"
102
102
J-J
_
*118%
.
102%
103
127
98
__
*125
-r
102:
W-'
3%s
17
108
1977
*106
Jf-N
107
102%
99
:':V 2
105%
* :
15'/a
107
113
108
112%
107 %
110%
160
165
&
ref
mtge
3s—
1st
&
ref
mtge
5s
&
tet
1972
2037
-.2037
mtge
Jf-N
*106% 108
J-J
*162
164
~ 251%
240
J-D
ioi %
,
Gen
143
105
'*71%
101%
73%.
90
St Jos 4c
94 Va
112
97
106%
99% 100%
*io9%.
M-S
*107%
1969
*100% 101%
101%
APrior lien 4s
%
J-J
-
15
18%
29
M-S
104% 104%
15
1975
A-O
100% 101
18
1975
F-A
100 :/8 100%
19
■:
A-O
105 Vi 105%
2
>
V'
110%
,109
108%
109%
Jf-S
*108
Jf-S
48
51
'.//■/' 77
42
J-Nf
9
12
55
9
J-J
10%
14
55
10
^ 24
1971
Jf-S
103
107
100%
102%
.
74
20%
1947
J-J
—1996
—1996
J-J
104
104%
1 11
*99 31
i..
■'
* ?
V*-iv-■:;99:/'y .Vr -:i*:.
A-O
'■*90
—1955
J-J
1st 4s
stpd
lien
of
"
1st
8c Electric
'
Co—
// /
ref
A
1st 8c
mtge 3%s series I__i_1968
ref mtge 3s series J
1970
1st 8c
ref M 3s
1st
ref
8c
1st &
M
series K
3s
series
102%
'
52%
.
53%
•-
'
36
73%
29
37%
73
50
53%
52
38%
520
y
56%
46%
57% :
27%
52%
27%
52%
4 Vis series
bond
4s
inc
4s
A..
—
107%
y-50
72
82
85%
84%
*112
4s„1968
41
1941
y
17
43
106% 106%
1971
1989
;
-12
-
1
•
62
Ay
ref M 3s series M——1979
'
Pacific
Tel
2Vis
-
ref.
&
2Vis
&
Tel
2%s debs
Seaboard
Line RR
Air
Co—
•
1st mtge 4s ser A
AGen mtge 4Vis ser A
35
63%
105%
;
1996
2016
99% 100 Vi
97%
J-J
71
74
56
18%
16%
25%
97 Vi
90%
F-A
J-D
94
94
93%
—1971
A-O
97%
98%
97
F-A
J-D
s
vi
106%
106%
102
1985
J-D
102
A-O
104%
f gold 4%s_—-1955
cons
t
105
109%
South &
105
110%,
110%
Southern
105%
inc
conv
Gtd
E
101% 102:'
100%
107%
104
103%
104%
*107%
•>
-
107
Glass
Pennsylvania
Power
1st
3s
mtge
s
f
Sand
1960
8c
3%s
,
J-D
1975
J.
1965
Pennsylvania RR—
Consol
gold 4s
4s sterl stpd dollar
Cons sinking fund 4 Vis
4%s
series
108
A-O
-
104%
A-O
San Fran Term 1st 4s
Devel 8c
Devel
gen
1st mtge
2%s ser E
1986
1st mtge 2%s series F_
1996
1st mtge 2%s ser G_————1961
A
&
&
1st cons gold 5s
series A
gen
103%
119%
119% 119%
Mem
106%
6s
6Vis
St Louis Div
119
2
107
104%
*103%
F-A
1994
1956
—1956
—1950
1996
1951
-
1st gold 5s—
1st gold 4s
116-
ASpokane Internat 1st gold 4%s—2013
117%
Apr
P-A
Ge$ jntge?4%s series E
1966
1984
J-J
/
Conv
1962
I;
Ge^jntgetfVis
Eor Joataoles-iiee
page
3313.
112%
81
l
14
t.
109%
.*_.
Stand Oil of Calif 2%s debs
.
145
98
*105% 107 Vi
135%
101%
116
J-J
139%
102%
42
J-J
128%
102
16
;
122%
135%
104%
109%
100%
107%
131%
Div
112%
101
97
128
113
102%
93%
91
110 >/4
120
A-O
84%
45
5
18
J-J
67
92%
117%
20
'
90%
88%
87%
117
A-O
147
F——...—1985
102%
98
93%
123%
115% 116%
ser
107
107 ;■
122% 122%
3 Vis
110%
2
116 Vi 119%
'."'ft"
106%
92%
113
122%
deb
90%
105
102%
116%
K?>
3
losy*
113
116%
■II
-
114%
93 v
100
102%
A-O
A-O
50
91
120% 122%
J-J
A-O
J-D
116%
108
92%
/i
J-J
J-D
116
112
98%
98
93
J-J
1965
.
\
99% 100%
A-O
1981
General 5s series B
4%s series' D
General
108
94%
il05% 105%
J-J
1968
i
112%
100%
Co—
gen 4s
105%
106%
104%
107%
1950
10
'96%
101% 102
101%
97%
102%
103% 103%
Af-N
1960
Jf-S
100 %
113%
129
46
96 Vi
Jf-N
RR
100%
101% 101%
102%
•
Jf-N
Devel
Af-N
1948
May 1 1948
J-J
1981
103
104%
103% 103%
F-A
1969
Pacific
105
97%
126
107% 107%
J-J
1977
Southern Ry
104
mtge~—1994
—
102%
*104%
1985
(Oregon Lines) A
4Vis
125%
80 ,i
lOOVi
99
*126
4Vis
107%
108
A-O
Gold
54%
Light Co—
3s
debentures
General
Af-N
196J
Gold
111
Southern
A-O
i
1st 4Vis
•
Pennsylvania
debentures
2% debentures
107
107%
__
98%
J-D
101
56
58%'
101% 102 Vi'
102%
J-J
1976
—.—-—.1979
Southern Indiana Ry 1st
Southern Pacific Co—
y8104%
i'S
Tel Co—
/'•.
*104
1952
ctfs
Tel &
111%
111"
J-J
I960
trust
Bell
Oil
102
3s
-—-1965
;
105%
100%
105Vi 106%
•101% 102 v
Co—
series
4s
debs
debs
2Vis
Nor Ala RR gtd 5s
105'
,
v
3%s
2%s
Socony-Vacuum
106
Af-fl
J
53-1949
Oil
109%
Pennsylvania-Central Airlines—
Pennsylvania
>
J-D
Union
101%
J-J
1935
108%
:106%
106% 106%
106%
129% 1-32%
*129%
18%
106% 106%
106%
1986
Paterson & Passaic G 8c E
1
1981
debentures
Paducah & 111 1st
J-D
'*
1977
P_„
ser
*105%..
J-D
\
105
114%
112
|§ASilesian-Am Corp coll tr 7s—-1941
J*-D
:
1974
100
93
63
20
74 V-
84%
V 120
100
10:
88%
74
1952
1990
Union Depot 3 Vis B
Scioto V & N E 1st gtd 4s
105
;
Nov 1989
ctfs
102%
102
v
1989
certificates
bond
Skelly Oil 2%s debs
•108%.^'Vi*
78%
77%
1978
M
106
104
98
100%
96
—
52%
53%
.1950
St Paul
108%
loo
87
'
41%
1st
29
100
94%
ISt Louis-Southwestern Ry—
■
J-D
JrD
,-1971
L__,
1st 8c ref mtge 3s ser N___
1st
-
:
>
—1950
B
■
*97% 100
deposit
series
5s
.
00!^ A Certificates of deposit stpd—
109%
104%
,
—
0M ACertificates of deposit
106%
14%
125%
108%
107%
""r
1941
St Paul & Duluth 1st cons gold
ISASt P & K C Sh L gtd 4Vis
-
109
'
1949
A
ser
ACertificates
-
APrior
105%
100%
106%
101 Va 101
*105%
88
1934
ISt Louis San Francisoo Ry—
/
A Cons
Jf-S
M-S
M-S
A
St L Rocky Mt & P 5s
112
100%
ser
Grand Island
St. Lawr & Adir 1st gold 5s
2d gold 63
110
92%
M-S
115%
49
125%
1977
90%
69%
99
1975
104%
96
52V
/
66%
>-1967
3%s series B
Baguenay Power 3s
94%
72%
101%
1
-
■
122%
69%
w
100% 101%
A-O
64
A-O
-i_1967
mtge 4Vis series D
15 AR I Ark & Louis 1st 4%s
lARut-Canadian 4s stpd
ISARutland RR 4%s stamped
127%
71%
101%
106% 106%
Cori>—»
3%s series I.
Gen mtge 3%s series J_
133%
101
F-A
1949
105%
95
39
►103
J-J
143%
101%
1975
Ss Elee
98%
98
Jf-N
Shell
-
105%
71H/J
35%
97%
101
Jf-N
1960
& coll trust 4s A
cons
Gen mtge
Gen mtge
109%
138%
*102%
■
D—1995
ser
Copper & Brass 3 Vis
lASeaboard All Fla 6s A ctfs
Pacific Gas
45%
15%
15%
108%
.
49
131 Va
J-J
:
4V
F-A
1957
'
109'/a 109%
■
42%
109% 110%
J-J
A—1960
V
112
~t.
J-J
*95'A 110%
i
32%
128
Q-A
.1964
-1966
Seagram (Jos E) & Sons 2%s debs 1966
-
106
Jf-S
Rochester Gas
95-r 100
'
49
19%
42
10%
5
ti'-'
2047
ser
102%
2
J^f
A 1st
75;
*~ Vi 130
J-J
—1974
Oregon-Washington RR 3s
88 Vi
90%
1956
108%
,
131% 131%
Q-J
Q-J
Q-F
2047
2Vis
103%
*__■:"'•• 127
J-D
t§ARlo Grande West 1st gold 4s__1939
107%
37
10%
96 /:
108 Ve 108%
M-S
2047
Oklahoma Gas 8c Electric 2%s
90%
*102%
J-D
ino deb.,,. ,,...1964
1st M
Pwr
90%
104
37%
34%
10%
10%
F-A
;
1974
■
F-A
1977
C
Revere
106%
73
104%
Af-S
Ohio Edison 1st mtge 3s
.
J-D
1962
1974
B
Reading Co 1st & ref 3%s
26%
lOOYa
1;/; ;y .':
106
106
J-J
«
-1948
88%
97%
Quaker Oats 2%s deb.
111
4%
107
' '• A-O
-
4s__
.
106
102%
:
tOgdensbyrg & Lake Champlain Ry—
guaranteed
105
-
>
*92Vi
1959
§Aist term & unifying 5s
AGen & ref gold 5s series A
A 1st
99%
103%
.
*104% 105'/a
-1958
A
1st 4» ser A—1948
gen
A 2d
1
/104% 104%
<
81 i'
^
100
72
1974
3%s
;
50%
'37
■vv,
.
J-D
'42
mtge 2%s
2Vis
mtge
(Wise)
'■.;.
1968
Northern States Power Co—
,
>
93
v
313 vi
Af-S
_
J-D
142
102'/a 104%
:
/
109
'
: :
•*/:
'
—
4
>
-
v
*100%
J-D
1950
*102%
—
J-J
122%
102
9
r.-V-
;
138%
108
,
c;
v."., '-
249
-
19%
131%
Coll trust 4%s
S
v
135
118%
33
^
124
124
•102% 103
102%
M-N
v;'i
122% 122%
123
134 V*
126%
>:
41
46
A-O
series A
»
75%
,
18%
A-O
impt 5s series C
Ref 8c impt 5s series D
120%
125
'
2047
impt 4%s
122%
1241/4
75
32
15
44
\
.1974
&
i-fif'
A-O
1950
0
'
4-0^
1965
mtge 4Vis series C
77%
30%
29
M-N
1966
registered*
Ref
106%
2
IA Providence Terminal 4s
83
i 69%
■
-2014
Gen lien ry & Id gold 3s
103 Vi
116%
21
Public Service El & Gas 3Vis
96,
46%
"»• Af-N
Northern Pacific Ry prior lien 4s—1997
4s
registered
1997
J-D
1975
1st mortgage 3 Vis
IA Providence Securities 4s
119V4
33%
13
J-D
>
,
-1946
4%s series A,
105%
A
y
1975
B__
ser E—
debentures
/ A Pitts ton
118%
40-
1st gold 4s_1996
Norfolk & Western
Ry
mtge 5s series
Potomac
43
A-O
1940
North Central gen & ref 5s_.
Gen
1st 4%s series D
30
J-J
1943
Norfolk Southern Ry Co—
AGen mtge 5s conv inc
10%
102%
Jf-N
109
»i
N Y West & Bost 1st 4%s
Niagara Falls Power 3%s
1964
1st
32
J-J
-
1937
—1937 V
ISA
26
—w
—
■
124
41%
gold 5s
guaranteed 4Vis
Pitts Young & Ash
107
71%
40%
Af-N
5s
1st
cons
1st
111%
.
41
Light 1st mtge 2%s_1975
15 AN Y Susq 8c W 1st ref 5s
§A2d gold 4 Vis
9%
31
103% 103%
V?
'■"••i'!•■■:'•"•
*■__
J
Pitts Steel 1st mtge 4Vis
1st mtge 4 Vis series B
104%
105
;''—4
43 Vi
N Y & Putnam 1st cons
gtd 4s_—1993
N Y Queens El Lt & Pow
3%8
1965
N Y Steam
Corp 1st 3%s
,1963
13
F-A
1st
39%
5.
J-J
IAN Y Ont & West ref 4s_—June 1992
A General 4s
;
1955
N Y
76
*116% 117
F-A
1963
Gen mtge 3%s
105
87
41
1954
107
'
115%
;
42%
,39
Jf-S
•
Chester—
4s
107
102
*109
{•'
Jf-N
1960
1st
105%
84
42%
4 A-O
1927—1967
Port
102%
6
103% 104%
..
'
•
j-d ;
guaranteed 4s
/
h
106
*104% 112%
ii
M-8
1957
& ref 4%s
$ A Harlem
\j
F-A
4%s
'.1st mtge 4%s series B—•
106%
98
106
'0 /
*100
'<
wak'
•
\
1940
6s
108
5
10
*__
cons
i; Pitts &WVa 1st 4%s series
107%
V!. '*—"4 ''
—
1948
Debenture certificates 3%s
AConv deb 6s
103
'
y
■
106
102%
3 o
91/a
103%
cons
1st
1956
A
9%
I
3Vis
97%
99%
..
.
12
*107% 114
*106
Af-N
1955
ANon-conv deb 4s
<■
*102% 103 %
T-A
s
135
105% 108%
'
I
F-A
1956
4s
J-D
1964
.
142%
125%
J-J
2%s
Pittsb Coke & Chem 1st mtge 3%s_1964
Pittsburgh Consolidation Coal— ?.
.
93% 100%
0;
9
105%
137
27
1937
,
A 93%
98
95
99
107%
72
107%
f 4s
y; '
95
73
19
:
83
106
~-
102% 102V4
M
94
36
125%
107
107%
103% 103%
..
deb
J-J
1971
2%s
*11
J-J
M-N
/
100
•73%
3
.
109 Va
75
■r;H 6
' 100
•ioo% ioi
J-D
1973
IN Y New Haven & Hartford RR—
ANon-conv deb 4s
1947
ANon-conv deb 3%s
1947
ANon-conv deb 3%s
1954
ANon-conv
1977
1961
Pgh Cipc Chicago & St Louis RR—
Gen mtge 5s series A
1970
99%
/
88%
'.."••77
3
•
-
M-N
102%
90-
/
;'-106% 106%
2000
80%
>
V
:
102% 103%
106%
62%
'tmJk-'
•
—
Series
98 Y*
48
,
,
99% 100%
99%
A-O
F-A
—-
70%
23
76
73
.
-
17
7
1974
ref
8c
.(/Series H
.
)
A-O
s;
,73
,
J-D
1975
■
38'/a
1967
107"%
65
,/r i8i
80
78%
F-A
2043
Mtge 4s series A
Y
95%
224
v
96%
91%
J-J
:
:
86%
95%
91%
1965
gold 4s
85%
96%
N Y & Harlem
gold 3%s
N
:
109 %
111
79%
,
91%
F-A
1998
3 Vis series D
F-A
Pgh Cine Chicago & St Louis Ry—
Series E 3 Vis gtd gold-—
1949
Series F 4s guaranteed gold
[-1953
y
Series G 4s guaranteed—
—..1957
104 '
84
'
78%
78
;
A-O
4s
95
77
78
1997
103%
102
3
69% ?;%.
*106%
Jf-S
1974
ref
&
102
;
68%
38 %
,
.
F-A
Series
77%
1998
B
1st
102
•'
'
>■
«W«4
Kance SfaMi
January 1
low
High
Sold
No.
gold 4s—
B
V
106
80
.$
J-J
1997
lien
Mtge
108
91%
F-A
c
1998
ser
Electric
■
Apr
BwbAI
High
106
83%
94%
& ref 3 Vis series E
1966
N Y Gas El Lt H 8c Pow
gold 5s
1948
Purchase money gold 4s
—1949
(
109
81%
86
95
—1951
Connecting RR 27/8s
Dock
82
A-O
:
—2013
Mich Cent coll gold 3%s
1st
90
82%
A-O ./
2013
N Y Edison
84%
—»
.
series
|§APhilippine Ry 1st
\
92%
9i%
Friday**
Bid A Asked
ACertificates of deposit
Phillips Petroleum 2%s debs
73
-—
deposit
3%s registered
1998
New York
Chicago & St Louis—
'
Ref mtge 3%s ser E
_1980
-1st mtge 3s ser F
1988
Y
Phila
1st
90
88
*ai%
A-O
1954
Hud River 3%s
3%s
registered
Lake Shore coll gold 3%s
3%s registered
N Y
lliya
84%
83%
F-A
1956
N Y Cent &
N
103
3
Va
5s
General gold 4%s series C
Philadelphia Co coll tr 4 Vis
—
-
impt 4%s series A
impt 5s series C_.
8c
108%
•
N Y Central
Ref
108
104
General
83
A
of
Phila Bait & Wash 1st
118
110
100
i'
-
•r
V—
A-O
127%
118
107%
'•'V,
105 V* 105
105 Vi
F-A
deposit-,
of
122%
.
107%
--
M-S
1960
Apr 1990
Peoria & Pekin Union Ry 5Vis
1974
Pere Marquette Ry 3%s ser D
1980
114 Va
—
D
series
108%
'A*
120
*__
1947
Eastern 4s ext
&
A Income 4s
103%
85
J
21
*123V4 123%
*107
A-O
1956
4%s series
-v.;
87
deposit
of
85
Peoples Gas L & C ref 5a
Peoria
110%
105'%
88
■
108% 109
A-O
1935
C
Certificates
*__
■■
;
Loot
gala PrlM
High
106 %
m
90
Exchange
1st and ref 2%s_.
1954
of
—
*85
Stock
Low
Ry—
B
Certificates
A 1st
:
.'yf
*103% 105
*104%
Low
No.
High
York
htenci
Period
New
Bango Sines
January 1
Sold
Week's Bango
Friday
BONDS
Bonds
Friday's
Bid A Asked
Low
Newark
20
Week's Range
BONDS
135%
101% 111%
99% 107%
Southwestern Bell Tel 2%s debs—1985
Standard Oil
(N J)
deb 2%»—-—1971
Sunray Oil Corp 2%s debs—
Swift 8c Co 2%s debs—„
..1968
1961
A-O
Jf-N
102
'
50%
98
50%
53
2
97%
98
102%
102% 102%
67%
44
107%
104
77
97%
,103
102%
J-J
Jf-N
101Vi 102
*104'/4 105%
30
.99Vi :.i I
*103%
<♦<!
102%,10ftsiUq<1
t
Number 4553
.Vojume 164
1
J t
i .'»o
THE COMMERCIAL & FINANCIAL CHRONICLE
3313
NEW YORK BOND RECORD
RANGE FOR WEEK ENDING DEC.
;i
'
BONDS
Friday
Stock
York
Interest
Exchange
Last
Period
New
2Q
Week's
Sale Price
or
Range
Friday's
BONDS
Bonds
.
Bid & Asked
Low
Range Sine*
January 1
Sold
High
No.
Low
~;
-.
York
Friday
Week's Range
btomt
Ex change
Stock
Last
Period
New
Sale Price
or
Friday's
Bonds
Bid & Asked
High
Low
Range Sineo
January 1
Sold
High
No.
Low
High
W
Terminal RR Assn of St Louia—
Ref & Imp M 4s ser C
1st
& ref M 3%s
Texas
Af-N
1970
J-J
97
Tenn RR of New Orl
3%s—1974
Third Ave Ry 1st ref 4s
AAdj income 5s
Tol & Ohio Cent ref &
impt
3%s..1960
Trenton Gas
1960
Jan 1960
& Elec 1st
gold 6s
1949
Tri-Continental Corp 2%s debs—,1961
109
15
105
108
107
,,
96
%.
100%
.
97 Va
71
%
J.D
*—
J.J
98'A
A-O
59 Va
14
102%
98'A
mtge inc 4Vis ser B—Jan 1991
Apr
1st mtge 3Vis ser B
ism
Walworth Co conv debentures 3%s_1976
Ward Baking Ca 5%s debs
,
F-A
—
M-N
98
4s
inc
ser
102 7/« .105%
32
60
74
49
82%
100
100
105%
*101% 109
110
110
Western Maryland 1st 4s—
Western Pacific 4%s inc ser A
M-B
100%
1Q3
,*101% 1017/e
U
UAUnlon Elev Ry (Chic) 5s
Union Oil of Calif 3s
debs
2%s debentures
t
1945
Gen
3%s
mtge
West Penn Power
;
debentures
104
102 Va
104
\
19
West
1
96
.
100
101 |g
102
107%
95%
96
-246
Vi
93%
99%
101% 104' ;7
is-•
15
100% 100%
99
9
101%
ref
&
M
23As
.
& ref
1st
cons
113% 117%
~7
103%
May
101% 101%
II
96%
1950
Jf-N
81% 7V'
1951
J-D
81%
1960
u-a
80
1951
M-N
of
108
72
108%
MS
*._
65
677/a
37
63%
104%
104%
J-J
■
*117 Va
.
79
106
123
•797'
24
58
268
90
65
79'
-*20%
V
22%
■
—
24
108
102%
117
1
7'87%
<
'
55f
91
104
103%
21
:
-
77-"
94%
109%
99%
••
'104% 104%
—
1
106%
•**
—
100
103% 104%
;
102
101
40
;
——;
deposit
2%s—1976
101% 103%
3
10
78
"—»'•* 106 Va
1949
96
101
r-ioi
M-S
56
20%
"22%
Yd
Power
Service
72
209
1992
deposit
of
Public
126
84
J-J
Du div & term 1st 4s—1936
Electric
84%
72%"". 72%
.v.'67%~$ 67%
MS
109
73
85%
81
1949
1st 4s
111
116%
80
2361
series A
109
106
101% 101%
v
107%
105
81%
; :
'V;
•—
M-S;
JAI
J-J
Wisconsin
3%s
1971
Lt & Power 2%s
1976
100
J-J
100
'
.
J-J
I 98%.
102%
110
•109
—
98%
.51 '
100
100
*109
98%
98%
98%
Deferred
delivery sale not included In the year's range,
d Ex-intereat.
e Odd-lot
no*
Included in the year's range.- n Under-the-rule sale not Included In the
year's range. rCash salt
not,Included in the year's range,
y Ex-coupon.
.'..VC'.-:
7
:>
'
{(Negotiability impaired by maturity. tThe price represented is the dollsr quotation p«r nA_
zoopound unit of bonds.: Accrued interest payable at the exchange rate of $4.8484.
tCompanies reported as being in bankruptcy, receivership, or reorganized under Section 77 w
the Bankruptcy Act, or securities assumed by such companies.
7
•Friday's bid and asked prices; no sales being transacted during current week,
s
A Bonds selling flat.
.
E~;~.
.
B
ser
6
*108% 112%
A-O
ACertificates
99% 104%
5s
Virginian Ry 3s
12
104
1053't
1970
A Certificates
Va Iron Coal &
Coke 1st gold 5s
Va & Southwest 1st
gtd 5s
;
113% 113%
106% 106 Va
68 Va
104%
102%
103
2014
tSAWisconsin Central 1st 4s
4s series A.
ser
113%
110%
56%
101%
105
1960
a
mtge 2%s
*__
99
103
64
A-O
1958
■\% § ASu &
f. Cons s f 4s series B
Virginia Electric & Power Co—
1st
*58
J-D
Wheeling Steel 3% series C_
1st mortgage 3s
Yonkers Elec
cons g
*106'A 108
J-D
Winston-Salem S B
:
5
V
r
Wisconsin
Vandalia RR
107%
1952
Wilson & Co
104%
45
103 Va
102% 102 Va
99 Va 100
;'i 99%
Universal Pictures 3%$
debs——1959
19
103
1966
1976
95%
J-J
Shore 1st 4s guaranteed—-2361V
Gen
101105%
101J J 10143
103'A
1991
34
102
1967
Registered
Wheeling & Lake Erie RR 4s_
•
"
mtge 2'As series C
United Biscuit 2%s
debs
U 8 Rubber
2%s debs
106 %
*101 'A 103 Vi
F-A
[2% debentures ———1971
7V-:-34<7: :34 V777;;:
¥7v737:
103
104%
1
101% 102%
1947
,——1976
——
Ref
7
J-D
97
1966
3%s series I
Westinghouse El & Mfg 2 Vis
1
7
1st & land
grant 4s
27/es
J- J
'
109% 112%
7 ;
7, 102% 107 ,7V.;
15
A-O
1970
-
Union Pacific RR—
111% 111%
102% 102%:
A-O
f
;*Tr-
A
Jlf-N
1967
':
87
837/a
10
99
96%
—
12
29
100
Western Union Telegraph Co—
88 % 104
Funding & real estate 4%s
25-year gold 5s
30-year 5s
'■> Union Electric Co
of Mo 3%s—-1971
1st mtge & coll tr
2%a
1975
90%
88'/4
..
87
F-A
1950
98 Va
58
88
100
.V
Q-M
Westchester Ltg 5s stpd gtd
,
V;/;
A-O
Washington Central Ry 1st 4s
1948
Washington Terminal 2%s ser A—1970
106
*—
J-D
M-B
Apr
(subsordinated)
—1970
Warren RR 1st ref gtd gold 3%s—2000
152%
98
mtge
Glen
101
127 7/s
1017/a 102 Va
77 v:',v
A
Jan 1981
Glen
v
104%
93
*128% 130
102
Pacific-Missouri—
Pac
102%
O;102
J-D
1985
137%
20
106
106
128%
102% 103
A-O
2000
E
:
*mv*^
A-O
1990
gold 5s
ser
A-O
1965
C
ser
& Pacific 1st
Gen & ref M 37/8s
j-j
1985
Texas & New Orleans RR—
1st & ref M 3 Vis ser B
Texas
Wabash RR Co—
2019
Ref & imp 27/as series D
Texas Corp 3s deb
NEW YORK CURB EXCHANGE
WEEKLY
??* deferred delivery sales
in a
AND
->»•* In the
Dec. 14 and
following extensive list we furnish
ending the present Friday (Dec. 20).
whether stock
a
complete record
York
Curb
or
Week's
Par
ACF-Brill Motors warrants—:
Acme Aluminum Alloys
1
common
Air
5
(N J)
preferred
6,000
8
Nov
22
10
20
Oct
30%
Jan
77,3-77;
3%
pfd
12%
5
—100
•
American
common..
Bantam Car Co
American
Beverage
*
1
common
A
8
47/a
87
B
1
warrants—1
&
common
• '
Electric—
10
preferred
$2
convertible
preferred
'
—1
$2.50 convertible preferred
American Hard Rubber Co
a—
American Mfg Co common
American Maracaibo Co
American
Metal
3%
Meter
17%
82%
-25
—
Co
2
preferred
•
preferred.—
Writing Paper
Post
!
1—5
common. —5
Products—
dep rets ord reg
Angostura-Wupperman
For footnotes
see
Dec
111
3%
Dec
3317.
16
48
12
Nov
29
Dec
15
Sep
111%
Dec
100
18 Va
Sep
25% Feb
18
3%
19
500
15%
Oct
26
196
1,500
1%
50%
Oct
200
52%
Nov
2%
230
8
47% Jan
;
5
41%
4,300
1%
Sep '
17%
1%
18%
"750
43%
447/8
2,900
Sep
37% Sep
111% 111%
125
109% Jun
18
44
SVf
j*
49
49
3%
49%
1,700
23%
.23%
3
1,025
'■'Y-y
13%
31%
Oct
.
•
16
■
;
Jun
11% Apr
63% May
5% Jan
29
Jun
49% Apr
113% Sep
'
.Sep
47
7-'",
Jan
52
Sep
8,200
Feb
51
Jun
48% Dec
54
Feb
15
1,300
13
Oct.
27
32%
24 •
1,150
31%
Dec 7
46
Jan
13%
34
37
•3%
.'2%
7
21%
36
35%
36%'
1,700
;
19j/2
5%
25,000
Oct...
24
Sep
Dec
Nov.;.,
150
31%
Oct
2,500
25,600
30%
Oct .":
5%
:5%
71%
21,300
61%
450
5
5
8%
9'/a
2,000
.1.300
7
8%
1,900
7%
7%
7%
200
;
/
7-
57% May
Vi%
1%
5
5%
1,000
3,325
American
v
5
Jan
Oct
.*7% Oct
6%
Nov
7
Dec
^
13%
v
Dec
4%
8%
•
reg.—
of America
Coast
Coast
Line
4%
700
7%
8%
2,100
6-% Sep
113 Va 113%
70
111% Oct
4
Oct
6
-1
50
Co
Voting
1
6y8
preferred
Ayrshire Collieries Corp
Babcock & Wilcox Co^.—
i„*
32
7%
•
5
25
1
Avery
(BF)
Machine
& Sons
57% May
57% May
24% May
11% Apr
3% Jan
7;
89
v'
-•
7%
12%
15%
17%
Jun
common
6%
21
6%
Feb
25
6%
Apr
9%
Sep
11
Jan
Oct
115y2
Feb
Nov
27%
Jan
9%
Sep
•
J-' 14% May
9% Oct"
1% Oct
12% May
3%
Feb
11%
;> 5 T Sep
Jan
34
r
7%
8
"*6
:>■
NOV
V91
5
Oct
i 13%
24
800
Dec
54
■
23,400
1,500
Jan
16%
Jan
S'dMi Maq
18% Jan
6% Nov
»
Jan
Apr
6'/a
1,400
200
10%
Nov
22%
25%
25%
175
7 25%
Feb
28
Apr
26% Oct
'25%
6%
11%
41
May
42
44%
:|
Oct
6
10 Va
'
Baldwin
Rubber
de los
Banco
Co
common
Jan
Jan
'
lT'/a
9%
May
44
V; Aug
9%
Sep
10 V\
Dec
20
Steel
-
-■
.
,,,
,
,
-
„
Corp—;
Barlow & Seelig Mfg—
~5%
1
t
.
7
>
12
Mar
:
.
,
..
.
50
6
"5%
.
,
f;:7; 5
17,600
10 Va
NOV
Bauman
(L)
Inc—^
& Co common
Beck
Mills
Ties
Benson
Inc
Aircraft
&
~8
1
Hedges
1;.?
*_1
19%
18%
4 20%
_._10o;
*
.1
Bickford's Inc
1
common
:.
2U
;170%7
169
171
'
-
~2s/a
22
7
■;
22 77:
21%
9%'
9%
9%
common——
3
10%
10%
11%
Corp common—
1
optional convertible preferred—•
(Philip) & Co Inc
11
3%
3%
3%
$3
Blumenthal
7%
(S)
(H C)
1st
*
*
& Co
Co
Traction
Lgt
&
Pwr
Corp common
Aeronautical
Am
American
•
Nov
;k
Sep
-
34
Oct
.,203
10,000
3Vi
Feb
July
77, 34% Jan
V 40 Ma Jan
-
<Jan
6
24%
7 \ Oct
10% Dec
525
9 Via
7
2% Dec
1,000
Apr
33 V* May
18%
Jun
16%
Feb
14
Nov
Oct
6%
Jan
55%
500
54%
Sep
15%
14% 716%
1,700
13%
Dec
7 56%
7-16%
Dec
24%
24%
21
Oct
39 Va
Jan
5R%
55%
25'A
500
Jan
70% May
37% Sep
46
63
1,100
132
132
30
122
V Oct
150
Jan
33
33%
50
33
Dec
65
.Jan
v31%
Apr
22%
21%
22%
1,700
18%
Sep
27 Va
Jan
17%
17
17%
1,200
15%
Oct
31%
Feb
2,300
4
8ep
5%
—*
*
—1
1
*
•
*
58%
15
Co
*
bearer
Am dep rets ord reg-
Oct :i
"
4%
4%
4%
25
~9%
"7% ~97/a
9,000
6%
«
25%
100
Sep
Feb ' ^
Feb
12%
Apr
24%" Apr
36 i 'Jiitt
23% Apr3
..
£1
£1
v
Sep
18
25%
Feb
31
Nov
33
Tobacco—
dep rects ord
v.
Dec
19% Jan
':
July
39%
Oct
."V 33/8
200
-
——*;
A
British-American Oil
Eritish
1
4,600
Nov
r
Feb
May
12
7: Y
163%
330
12
32
25
;.
Bourjois Inc
Brazilian
•
18 Va
;:
1,100
'
NOV.
July
25
;
Jan
100
common
preferred
Borne, Scrymser Co
Breeze
Sep
-
20
1,200
-if" t
Fdy & Mach Co com.*
Blue Ridge
Nov
6V2
7%
200
•'•%
*2% "2%
Birdsboro Steel
new
7
fiY ;;
:
■
.'
7
Blauner's
Blum
18%
;;
2,400
-
2%
3% * 37/a
•
Convertible - preferred
Berkey & Gay Furniture..
13%
'7-'
7 8'
: 20%
2.50
;
common
common
1
"
1,600
17
1
com..
Shoe Corp
(A S)
Bellanca
100
67/a 7 -7%
1
Beau-Brummel
Beaunit
"7%
1
19
1.9.
5
'
Refractories
~
Jan
7
•
convertible A common
$1.20
Basic
..
Jan
8% Oct
70*0
.
40%
Andes—
American shares
Barium
11%
11%
63
'
—
1
—
"* Oct
36
1,600
44%
preferred ■^—^^.30 •
7 % f?
Brewster
9 % Sep
116% Aug
8V*
11%
■
Bridgeport Gas Light Co
Bridgeport Oil Co—
Brillo Mfg Co common
May
Jun
Oct
11%
Baldwin Locomotive—
Feb
Feb
8
B
Feb
Feb
Jun
Oct
3%
7,300
61
5%
34
1
Products
Automatic
6%
61
6%
warrants
Automatic
High
; 15%
VA
pfd._100
Atlas Plywood Corp
v
1%
*
Fisheries
Atlantic
Corp
10%;
-•
class A—^
7 Atlantic
Atlas
12,100 "
£1
rects
<& Tel
Atlanta Birm & Coast RR Co
Class
—£1
113%
dep
Tel
Associated
Bohack
X
1% Sep <7
43
Oct
16
11% Oct >7
5% Nov
1,500
1%
.59%
Jan
5% Jan
12%
1%
;7
29% May
32% Jan
33
300
61%
:r8%
Sep
2%
7 7.400
7"
21%
Sep
14%
7'1,200
w?;
37
19%
3,100
Aug
16%
3%
14%
13%
10%
3
■'?.
Industries—
Electric
Bell Tel of Canada
Jun'
Sv 5%
26%
15%
9%
5%
:•
V.
>
5% NOV
1,700
2,100
110%
Refining Co..———1
&
7%
5%
:'':.87
■
Feb
207% Aug
5% Sep
5% May
76
Apr
52% Oct
8,400
•
121
Jan
3
700
50%
116%
15,100
2%
71
6%
48%
1%
52%
3%
67%
7.8.77:
3%
2%
•
800
3,100
6%
90% May
1,150
183
190
10%
13%
non-voting
Associated Laundries
'
Mar
60
6,100
10%
12%
common
preferred
7" Associated
May
10
1,950
50
10%
13%
Gas
class A
^'■Ashland Oil
Jan
12
20
,7197-::
—1
page
Sep
Dec
15
14,000
Aug
May
Jun
5%
695?
Jan
106%
8%
\pex~Eleo Mfg Co new common
—1
Appalachian Elec Pwr 4%% pfd__ .100
Jan
•
—10
Arkansas Power & Light $7 preferred-*
Aro Equipment Corp.—
2.50
'
Range Since January 1
-LOW
High
5%
Natural
Common
133% Jan
—1
...
9%
Oct
—2
Angerman Co Inc common
Anglo-Iranian Oil Co Ltd—
Am
5%
35
;
22%
4% Aug
85%
75
17%
20
37
:
Dec
17% Jan
Shares
•
4
>
'
for Week
7%
Arkansas
Feb
Aug
90
-25
1
Dec
7%
700
82%
111% 111%
111%
32%
Republics
-10
American Seal-Kap common—
2
Amer Superpower
Corp com— -10c
American
4%
1,500
.
76
American Potash & Chem class A-
Anchor
.
88 •»-
12
-20
American
series
8%
TVVSpfe
16
15
Co
$6
'
17,flSo
5%
38
Nov
10 Va
-25
Products
American
American Thread 5%
.
Dec
3% Nov
25
5%
-.25
American Light & Trac
common.
6% preferred
Class B
~4%
—1
American'Laundry Mach———_
■
10%
Oct
7r21' 7'Apr:
23% Feb
Low
Sales
: :
Range
of Frlces
-1
Argus Inc
Feb
26%
Oct
'
Nov
7%
Nov
;35
Jan
5
'
100
American General Corp
common. -10c
13%
Nov
10%
•'
106% 107
25
Gas
500
•
4%
1
American Cyanamid Co
common—_10
American & Foreign Power
-4%%
4%
••■;
4%
American Book Co
—100
American Cities Power &
Light—
American
11%
200
4%
•
common
Hoe
2,200
;
—*
Ltd
&
13%
2%
26%
8%
•
—
Fork
1,700
•
Aluminum Goods Mfg
American
.200
3%
11
13%
4%
1
conv
Aluminum Co common
6% preferred
Class
4% Aug
2% Dec
1
Int'l Investing $3
'Class
1,800
3
3
100
Products (Mich) common
Altorfer Bros Co common
.
-
6%
Week's
Friday ;
- Last - •
Par
Jun
3
& Fisher common
Aluminium
10%
10
Inc
Industries
8%
50
Allied
Aluminum
10%
25
.
Sale Frice
11% Feb
2
pfd
Alles
Nov
6%
■
York Curb Exchange
High
4
10
50c
Alabama Great Southern—
Alabama Power 4.20%
Allied
Low
V
1,300
1
Air-Way Electric Appliance
Airlines
High
25^
7>7
STOCKS
•
Investors common
Alaska
20
New
5%
1
1
Convertible preferred
Aireon Mfg Corp common
convertible
DEC.
Range Since January 1
4%
5
Supply Mfg class B
60c
Low
10
Agnew Surpass Shoe Stores
Ainsworth Mfg common
Associates Inc
ENDING
Sales
7 Shares
5%
AD F Co————
Aeronautical Products Inc
Air
WEEK
for Week
Range
of Prices
,
Co
FOR
•
Friday
7'Last -'7
Exchange
Sale Price
Wire
,
transactions on the New York Curb Exchange for the week beginning on Saturday,
It is compiled from the daily reports of the Curb Exchange itself, and is intended to include
every security,
bond, in which any dealings have occurred during the current year,.
'
STOCKS
New
Aero
RECORD
of
RANGE
Acme
YEARLY
aro disregarded to the week's range unless they* are the only transactions of the week, and when
selling eatslde the rsgwlar weekly range are Shewn
No account. Is taken of such salsa to
computing the range for the year.
footnote to the week in which
they occur.
16%
16%
Nov1
Oct
zttt. dab v<K'
8«J?2r%»^Au'g:
24%" Jan
.riUi.cioo;
m
.
THE COMMERCIAL & FINANCIAL CHRONICLE
NEW YORK CURB
RANGE FOR
New York Curb Exchange
Last
,/
Sale Frloe
•
of Prices
:/,///
Range
Class
$5
prior
19%
20
Distillers
Forman
3,800
:i«i ll:v/ «rr;V- /v?
preferred—j.**-*-
7%
7%
'47 -/' 47
7%
common--
•
Bruce-(EL)
Bruck Silk
Co common
Mills
Biscuit
Butler
(PH)
4%
Jan
Detroit
34 %
Aug
Detroit
102%
Feb
Oct
35
100
30
1,100
11,
2,600
15%
Sep
1%
28,400
5,500
1%
Nov
6Va
5%
25o
common
11%
19V2
-
13
13
11%
4,800
11
1,200
5%
Sep
Gasket 8c Mfg
Gray Iron Foundry..
3,200
27
Steel
Products——10
12%
Nov
Domestic
Co
3974 May
Zvl2'/'' Sep
17% July
6% Dec
Bridge
Steel
18
14 V4
15V4
1,700
10
Oct
3%
7,700
3
Nov
Tar
Dominion
13%
Textile Co Ltd.—a
Chem
8c
Harris
Ltd
Co
xl3%
13
ft
Wireless—
Electric
*6%
Fire
Insurance*..—.——-.i'
6Vz%
Am
43
42
Co
30
.'•!/
eva
93/a
97a/
4%
4Va
4%
:
ft
Co
Co
Carnation
East
6%
»*
—-
:
a
>«
TOO
2%
—.-.,1
.
47
:,-:U
—•
3.50%
Power Co^-
preferred
ft
Chamberlin
Co
Co
of
•**»
.
16%
_J00
—
preferred ....>.100
22%
100
100
22%
22%
1
4%
21
4%
21
20%
21%
71
69%
71
13%
13%
,
:
23
14%
common
America
5
Charts Corp common—.
Cherry-Burrell common
/
t
.
122
Jun
14% Apr
io% sep
84%
Jan
51
12
Sep
37a
.
Malleable Iron—-—-25
/
r
15%
: 52%
168%
.
11
107a
Feb
20
Apr
8
tffth
:
18% Get
700
85% Sep
12% sep
IV* Oct
137
Ott
; 20% Oct
35
'
,65%
-
/,
6%
-'iM
•'/
425
46% Get
.
———1
Sep
5674
7
Nov
15% May
48,900
f- 6O0
13
Oct
2674 Jun
/'8T-* Oct
68% Oct
77 Va Mar
7874 Jan
160 % July
:
600
-100
140
8
-
> :
7%"
»4?i*
19%
1,350
17%
19%
5,100
14%
;
Apr
"47a, Sep
30% Apr
Oct
43,
Nov
125
lit : /
20
111
A'
4
?:>>,■
.2%
40
9%
•
28%
/
16
Apr
47a
•' 350
Jan
Feb
Nov
26
56
22
34%vJun
i/"'.'
'
Chesebrough Mfg common...
nnw.10
-
Chicago Rivet ft Mach
Chief Consolidated
Mining** v^n
i4
—
5Child8 Ot>
Cities
$6
mml
146%
Service
preferred
preferred
$6
preferred BB
*
B
....
158
;
-
——*
Clarostat
Mfg
Claude NeOh
Name
27 Va
•-
28%
158 %
15%
15»/3
154% 155
h
Stl3
13%
3,100
270
17,300
3,300
400
125
11
20
110
10%
200
750
3%
1,800
Claude-Neon Inc
■
:
■*"
i»'1'»;V.'
Compo Shoe Machinery—; {,
r
51
-,,9/
"Get
Jan
Oct
25
91
:
lOo
—
Fdy &t MachinO Co——-1
112% Aug
12% Jan
•95%
71% jr«k
8Va
U
•33-
•
•
•
Cooper Brewing Co
Copper Range Coj.-*.
DCc
14%
Sep
33
24%
Sep
::i 44
4%
Dec
•
10 %
8%
Oct
14% Feb
So
•
5%
common..^,
convertible preferred..-:
American
;
-
dep receipts
-
.^.i
50
35 Va Dec
30%
81%
2
2
Co——
ll
ri3%
—
2%
13%
9
$6 preferred
Cuban Atlantic
5%
Nov
23 V4
5
NOV
Cuban Tobacco
Curtis
Co
5%
26%
.4
JOO
common—.,
105%
2.50
*
common
(Mo)
-5
19
5% Sep
2
Sep
22% Dec
29
25%
26%
10,400
20%
Oct
105% 105%
30
105%
Sep
19%
800
13%
vfl
250
14%
7
12%
2,400
200
——
Lighting Ino
Curtis Mfg
6%:
11%
12%
270
450
;
Sep
5% Nov
11
Oct
(A C)
—
Glen
24
1
May
Globe-Union
Gobel
Hosiery Mills
Brothers
Inc
2.50
31
Oct
,,,.-,..1
7% Nov
34% Oct
Delay Stores common.*
60c
9%
Dec
650
.
,
.40
,
-
21 Va
..
Nov
DeC
75
..
■
"footnotes
see
page 3317.
\
Jan
Aug
->
> 17
Oct
Oct
42%
30% May
-40«
July-
no-
•
-
July
'•
ClasS
/
eys
,.
Goodman Mfg
;
Grand
i
Feb
M&y //;
A-,_
.
Rapids Varnish
Non-Voting
n%
1st
preferred**
Jan
Feb
Great Northern
Feb
Greenfield
'
Tap
Paper
ft Die
Stores Products
8%"
-
/U'/.
39
AUg
Hal! Lamp Ct>———...
Hamilton Bridge Co Ltd
20%
Jun
Hammermill
Paper
18% Feb
NoV
'
100
;
•
2,600'!
36%
7
'
,
8
NOV
3% Dec
20
110
'58/a
21
115% Nov
55
Feb
18%
1?%
17%
18
3,500
18V<
1,100
12%. Nov
5%
'1,300
14%
BVa
8%
•
.1,300
61
63
30%
/
100;
29% Apr
39 v Jun
•
>
,Jun
28
24%' Jan
> 26% Jun
87a Feb
69
Feb
4% Sep
57 '. Bep
■
650
35%
_,
Jan
19%
v
Oct
6%,..
43 Va
52% Sep
17 Va Nov
27 •
fr*
17% DeC
167a Dec"
81
"Feb
% 1|/
H|| 1%
•14%
6i3/4
16%
18%
:
7%
7%
7%
:
10
10'
1.378
?
10%
13%
900
2,200
-
14%;
-
.
•
900
-
-3,700
.107
AUg
4
i J&n
15 Va
•/'147a May
"
>*>'•8%' Dec
13
.
71
J&n
47% j&n
Oct
-7% Nov
.5,10.0
44
Jun
53
22% Apr
sep /
lOViMar ;
48 % Sfep
700
15%
59
17%
n
Dec
18,800
•
•
.15%
Oct
Jan
:{■ '■ yfiii
•
a-J1
!:/■
19% Oct
•
:
Sep
Jan
5% Feb "
300
21%
dyn
■
67a Apr
; llO
May
Nov
mm
70
800
0%-
,
*140.
Nov
111% Jan
250
110,
31% Apr
Jan
'.. 23% Apr
109
3/'Get.
92
110
Feb/
12%
;
>
11% Jan
600
85
943/4
:
Dec
3,200
iVi ;
9f./ '
,10% Apr
-?
Sep
600
19% '
17% Feb
Dec
7
7,700
8%
104
15
—*10 >•.
pfd—25
**1 •/
NOV.
.
.
23 Va
JUn
37%
Feb
>•"/'
>93
/ct: 200:
101% 102
102:
135;.;
Dec-..
Apr
July
-
100
.*——*25
•——*-*^
common—25c
pfd——100
Alabastine————*
Aug
16% July
v; v3% Geo>' ///&%;JarV:
113V2 1137a
common stuck—..
13%
39
73/4
/ 83/8
,
Gfay, Mfg Co-*—*
—^—
Grayson-Robinson Stores
Gfeat Atlantic ft Pacific Tea—
38 V<
20
14'% Jan
\
5%
3%
\ 3%
-* /
1
Co———u———50
Inc class
Mfg common
J
Graham-Paige Motors $5 conv
;
4% Nov
5%
:i4%/.;://2%/v4%:':
'25 •
> 25 •
233/t
—-5
Gorham
1
18% July
10774 July
-
Common——.^.1
preferred
--J
Goldfield Consolidated Mines—*
i
Apr
36%
108
Apr
Jan
■
class A—•—«——*-* '
.—-J:—————
$4.50 prior
Gorham
lOVs JUn
60
B
•
May
Jan
97
18/
Inc...
(Adolf) Inc
Jan
14
102%
:
8%
—
i
*"
22
6% NoY':
10%
18
135.
19V4
16
135
>. 41%
43
;
V4
113%
■
18%'
..'16%
137
43
•
19%
-•
14-c
37
800
!
-2,500
/•'/,
/
147
Nov.
i
46% AUg
2374 JUn
28 y4 May
Sep''
16% Sep
,
13 %
400
16% '
113 Va 113Va
13%
131
.
80
kill % May
50
-<
110;, Jan
16% Jun
12% Sep
:.// 17% Feb
r~'l iVa'.Feb
{{,/623/4' toy
■;0
JF6>4
9%
51
'
11% DCC-
.
—
Godchaux Sugars
,:/J
r
93/8
3%
——;—-—*
Gulf States Utilities $4.40
Davidson
2,800
843/4.
81
:
Coal-.:—
Alden
Grocery
Davenport
/
•■> Nov
...
common.
Gypsum Lime ft
Dayton Rubber Mfg class A conv—.35
31
1,800
..
12%.
283/4
Gilchrist
-;\
10% May
22%
37
11%
k26%
10%
Preferred
—
«•*
Co
—
~* Gladding McBean ft Co
——1$ ?
Gleaner Harvester Corp———2.80
i
i
'
'/21% Apr
10
29
.1
34
• r
Plywood Corp..—
.
i
5 3/8
Oct
-
'7% Wat'
.
NoV
*..*i
Giant Yellowknlfe-Gold Mines———-1''
/./I
10%
^
Jah
13
102"
10 /
-/$5 preferred—
Feb
5 %
5%
27 %
l——.100
-1
Corp coin_
-1
$6 convertible preferred
—•
Georgia Power $6 preferred——•
*
17
i-
1,000
500/
1,600
•
common
Fireproofing
General
M&y
5%
10 %
common.—
Sugar..
Jan
CP
Power
General Public Servico $6 preferred.
Jan
5%
—;—
preferred
Sep
Jkn
35
7% Mar
.:
14%
General Shareholdings
44% AUg
38
Oct
Dec
9
38%
81
common,——-*
General Outdoor Adv 6% pfd.
100 /
Jan
10 %
common—.
Crystal- Oil Refining
•
6%
•C'.V
1 11
2
CroWn Cork International A
Drug Co
:?•:
24% Mar
31%
8%
——,*5
preferred, series A
General
14% N6v
Oct
7
Crosley Motors Inc.—
Crowley Milner & Co.—:———Crown -Cent Petrol (Md)—.
Crown
Sep
r
(ord reg)—£1
Creole Petroleum—r...
Croft Brewing
Dec
3
7V2
NOV
14
•
19%
/A>vGc$>/
13%
.
31/4 Feb
26% Jilly
3
-
.100
29% Jan
Dec
36
50/
Warrants
§■/
,Feb
NoV
13%
8%
-
20%
177a
31%
27 V4
5%
^Jlfly ;'-'
7/s Dec
J8
l46
■
8% Jan
2,900
32 3/4
14%
(Geo A) Co—^———1 ;
'$3 Conv 'Stock■'••fir'ir,'«ii
'
Corroon 8c Reynolds.,
New $1 pfd class A
18%
m-y*
/r
.12%
Gilbert
COrnUoopla Gold Mines..
Coro Inc common.-.^..
4
;
:Gen Electric-Co iAd*^.c :Y~ ;/v
Amer dep rots ord reg
£1;
General Finance Corp common....
1 /
7% Sep
—
18
.
v-—1 :
t.—^
5%< preferred.
;i7%Mky
Oct
5V4
:
m9*
Gellman Mfg Co common——
General Alloys Co——
—
:
July1
——-1
Cook Paint & Varnish Co——1•-
,31% Apr
1,300
•
I
-
pfd-,—
conv
Gatineau
6% Jan
Dec
15% NOV
9%
^
July
Sep
2%
19
;6%-? 6
20 Va
Gartrett. Corp cbnihibn
Jan
121
Nov
83%
2%
81-
5
—10
■'
'
uu
1
Jun
July
7%
3V4 Dec
3874 Nbv
Sep
86% Nov
27B
.;/;>• v..
:
11% Oct
5
107%
9 r'y
2
1,400
42
Feb
29
Feb
70% Ffeb
Dec
Dec
piSfewN
Apr
Feb
49
70% Sep
Apr
110
—1
Royalty Oil—
-Corp common
Co
Oct
15%
24%
50 Va
Jan
42
115
.100
4% %
1
/
6
Fuller
1 Va Sep
43% Nov
18%
Apr
-
10
Feb
2
37
Feb
Jan
40 Va
17 %
% Jan
Sep
*9
5,900
/%Z50i
52
2%
8%
20% Sep
13% Oct
11% Jan
26%
/
rets bearer——
Franklin Stores
12%
% Sep
30
Consolidated Steel
Courtauids Ltd-^-
*
B
Jari
48
Sep
13%
18%
3% NOV
9,850
24%
,
2%
19
$1 Stores-
to
Jan
6%
60% July
4
i
40
41%
dep rets ord regFord Motor Of Canada-
17 % Apr^
43
•.
^
Consolidated Mining 8i Smelt Ltd
Petroleum
,"2%
;v
v
Fort Pitt Brewing Cow-.
—
Fox (Peter) Brewingj——
Franklin Simon 8c Co Inc——«———1
23% Nov
■
1956—...
4% preferred series C
Consolidated Gas Utilities.
Cosden
24%
Am
Clasa
10% Dec
Consol O E L P Bait common
4%% series B preferred
Continental
Ford Motor Co Ltd—
23
Conn Gas & Coke Secur common—
$3 preferred
...
Consolidated Biscuit Co—
Consol Textile
12%
.24 V2
1
Amer dep
NOV
22%
i7% Feb
8% Nov
.
.300
•
21:-:,22V2
/13%
Ford Motor of France—
Dec
Community Public Service...———25
Community Water Service-...——«.l
Consolidated
common ■'
15% May
32
Jan
6
Aug
11% bee "
1
Commonwealth 8c Southern warrants**
to
•
Corp
York
21%/luft
Oct
■
Airlines.--..—.—*,
ext
21%
33/4
Fishman (M H) C»—
,V
Colonial Mills Inc..*
—**7.50
Colorado Fuel 8s Iron warrants...— na
Colt's Patent Fire Arms
-25
Vtc
First
.7% jaa
V. " •'
3^4
52
Mar
38,
88
Cockshutt Plo# Co common*—
-•
Colon Development ordinary—.
Colonial
•
lUi'iliW
1,500
15,000
-
/ 3 V2
22 Va
Airplane
Fedders-Qulgan Corp—.
Federal Compress ft Warehouse Co—25
'
/, 2% Nov
9
Dec
Illuminating..
•"
•
ft
Class A non-voting.
common—
Electric
Engine
Brewing.
Fansteel Metallurgical———
•;
Cllnchfleld Coal Corp*
Alum Products Co
1
v
14
Dec
3% Dee
Club
'
Feb
41% dtth'
166
July
157* Juii'
156- \ July-
9% Nov
15%
Clayton & Lambert Mfg —...'.—.I
V.
Oct
Fairchild
Falstaff
Lights Inc—
Changed td
Cleveland
10
600
jun
&
R%
Fblrchild Camera ft Inst Co_
May
i84% May
Sep
10%
—
88
19
4
Sep
Oct
14%
3%
Co
Co—_*
1%
148
153
15 Va
City Auto Stamping*—
City & Suburban Homes
Clark Controller
145
28%
common—****—.—10
60o
1%
.1%
100
■
preferred.^—.—
l.ooo
Jan
Sep
Sep
1,500
/
-
Apr
Apr
Dec
45
725
V
10
Feb
53 %
112
Dec
2%
6,400
51%
/ 39Va
Jan
8%
"2%
27
••
•
Bep
109
I
.
Jan
27
.
8% NoV
19'/4
Jan
12To
OCt
16%
V 17%
;/43/Z'':43v/-;
$3 convertible preferred ,,
-1'
ESqUlre Ino *.^sa'tutuawja
..ll...;.——1.1
Eureka Pipe Line Common—.
—.10
•
Sep
4% Dec
6,200
—.
.
100
.800
193/4
Jan
40
72/,
•,
'ml
.19%
•
275
"4
^National Watch Co common—15
Jan
5
104
Jun
98% May
1,400
'/-•V
69 Vi
;V71i
137
r
Oct
163/4
155/a
:
Sep
50%
42%
OCt
1%
215
...
8%
'69
71
30 v
/u: 900
46
><774
69%
*
Sep
50
,»
2%
10474 May
92 ': May
Sfep
54%
75
70
4574
*7%;/
89%
975.
.
/; 65%
59
preferred
—60
Empire District Electric 5% pfd-—100,
Emsco Derrick ft Equipment-——_&
Equity Corp common——————10c
:
27»
Oct
3
2,200
/ 6374
5%
53%
52%
10%
29
JMl
22
Feb
28% Juh
Sep
100
jno
Electromaster
Elgin
34%
;
;
-274
Option- .warrants——umi—m.—Lm——
Electrographic Corp—, 1
May
May
May
Apr
May /
May
Feb
67
70
/•
97% AUg
18% Dec
98
64 y4
8c 8hare common——5
formerly 85,,<■...,
pfd
90%
35.
.
$4.20 pfd formerly $6—
Electric Power 8c Light 2d pfd A...
Apr
100
$3.50
3%
97V4
66
prior preferred————100
Electric Bond
i
23% July
87
NOV
15% NOV
100
Ort>
23,900
6
Oct
8,250 :/'/ 16%' Oct
400
Otito
150
16% Oct
150
15
Got
3,100
4
Dec
100
16% JiA
10
—5
■
__
24
...100
1929
Nov
1,600
24%
76
71
Jun
33% Aug
08
Apr
£-i-
•
18%
> —;
Utilities—— 60o
43
Jftn
.
<=._
8%
Conv pfd opt div ser
Conv pfd opt div ser
600
12
Jun
24% Mar
13% Sep
500
16%
16
States Corp—————•
$7 preferred series A——*
$6 preferred Aeries B_—
Eastern Sugar Associates—
>=
$5 preferred.
Easy Washing Machine B.
164% May
'■-4%. Jap>>|
114 • Nov
&
Sep
e% oet
<
9,000
17%
7%
South West
Cessna Aircraft
-r—
—1
.
J*
100
2,100
ws
100
—
JCent States Eleo 6%
7% preferred
A "
10%
8
14%
20
45
70
1
m.
:///•:/>
Central Ohio Steel Products
Central Pow Si Lt 4% pfd
Central
200
48
'
■
7%
& Co.....-..--—.....10
Corp of America..-—-;
..1
Catalln
208
32
10%
•
5,600
2*A
38
38
31
•:
l'O
common
164%
2% Sep
/fed
Sep
__
Castle (A M)
Cent Maine
6V4
5%
Eastern
common-.—
Products
9% Oct
15% Dec
5% NOV
£1
•
—1
preferred
Eastern
Carolina P ft L $5 pfd-*-*-*---■■ -..-*
Carter (J W) Co •com*-****-****—i;;....-; 1
Casco
common
'8c Fuel Assoc commob——♦
Gas
4 Va %
voting
common..
Feb
May
F-vkp*
..*
•
Capital City Products—•
Carman
Corp
Duval Texas Sulphur.
20
Catadiah Industries Ltd-*
1% "preferred
Canadian MarcOni
65
110
<***•*
preference
Class B non
ord reg
Hosiery class B common
Test
2,100
3,700
Canadian Industrial Alcohol—
Class A voting
Sep
Oct
2274 Sep
107
July
96
Apr
Jan
Oct
.95
dep rets
Duro
500
6%
8
hi*
100
93A;
Callite Tungsten Corp—1
Camden
800
3%
•
Sep
Dunlop Rubber Co
Durham
Power,**.—10
Canada Bread CO Ltd——=
Canada Cement Co Ltd common
4
3%
•>/:/>/:/:
American dep rets 5% pfd—. 61
Calamba Sugar Estate—*—.——1
California
800
3%
~374
Voting trust certificates—....»-60o
Cables
4%
21 Va May
70
79%
Duke Power Co—
374
Cable Electric Products c6mmoh-««JS0o
Feb
41% May
83%
79%
Apr
'
Jun
22Vs
•
-»■'
Apr
8%
/
11% Mar
4,500
»...
Corp
Driver
•
Feb
28%
22%
'15% Oct
38 %
B—
Coal
Dominion
Draper
3'/4
1
:1,300
v
Co Ltd—•
8c
13% July
24%
'Sep
18
16%
.,.1
Credit Corp class A
Dominion
;
22% Nov
400
7%
-1
common——..,
Dominion
.
1,200
15
——£1
——1
common
Dobeckmun
Jan
7%
2,400
28%
7%
-5Qo
2% NOV
dep rets ord reg—-
Divco.Corp
19% May
V4
15
—j.—*
Jun
'
May
1374 May
Aug
Jan//;/ "/ 37
77k Feb
17% May
Sep " ■
'
700
11%
1
,
21
180
Sep
23%
"3%
ll
Am
i
9%
1
"3%
v
Feb
4
7% Mar
400
July
Oct
Feb
145
8
,
15% Jan
26% Jtin
1%
—12%e
10%
10%
100
i
common
Devoe 8c Raynolds Class B—
Diana Stores Corp com....
,
.Distillers Co Ltd-—
:/•/••
50
Range Since January 1
High
/;.■:/ Low /
High
Detroit Mich Stove Co common——.1
14% Jun
May
Nov
11%
Corp
Shares
Detroit
6%
18%
Burma Corp Am dep rets
Burry
Sep
Dec
Jan
16% Mar
Sullivan
&
Low
Mfg clasa A Common.
debenture
Derby Oil Co.
May
•
1,300
Ltd
Buckeye Pipe Line.
Bunker Hill
31
2%
100
Z*1^; J
:■■■'.
Brown Rubber Co
8%
7% Jan
Sep
Jan
17%
100
2,700
2%
21%
2%
B
Brown
4%
25 Va
4%
4%
for Week
of Prices
Par'
High
Britiah Celanese Ltd—
Sales
Range
Last
Since January 1
.
: Week's
Friday
Sale Price
Dennlson
Amef dep rets ord reg
British Columbia Power class A.
>
/
,
Low
LOW /High
20
.STOCKS •/./••v'/
'Kew York Curb Exchange
.***
Sales
for Week
Shares
Week's
Range
Friday
EXCHANGE
ENDING DEC.
>■.--I 'f ■'
f-
STOCKS
WEjEK
Monday, December 23, 1946
,
ifi.;* tnoil
'V/iv
•ii
'i
V-
Volume 164
COMMERCIAL' & FINANCIAL CHRONICLE
(THE
Number 4553
NEW YORK CURB EXCHANGE
: ;
^/Friday
'STOCKS ■
New York Curb Exchange
:k
Last
Range
of Prices
■
Sale Price
'
V;v-v,
Hartford
BANGS FOR WEEK ENDING DEC.
Zow
63%
4%
30
11
12 Va
12%
12%
4,500
Mining Co.*.
3%
25o
V.
15
—
3% Sep
•6% Dec
'•
-preferred
—100
W—
w
-•
Henry Holt & Co common
Heyden Chemical common
—
Apr :
1
35
-
-
-
—
---
66
6%
6%
25%
25%
-
(Geo A) ft Co common......-*
Horn 8s Hardart Baking Co__——*.
Horn 8s Hardart Common
JL..;
*
(Harvey)
Oil
8s
Hummel-Ross
2,000:
114
Refining
*
.....
8,100
600
45% Jan
.—a..
•Com stk purch warrants
-
Huyler's common...
1
1st preferred
—.—1
Hydro-Electric Securities.—.————*
Hygrade Food Products——5
.
-
McWilliams
0-w.ZHl
"•
15%
Jun
•
Memphis
•
6%%
Messabl
i»% Jba
22% Jaa '•
preferred
A
Zinc
Co
Iron
3%
15%
—...
5%
6
7 6%
Ireland
Indiana Service 6%
7 % "preferred^.
107 X:
Insurance Co of North America—. —10
Middle Sthtes Petroleum Class A V to 1
19%
3%.
22 Vs
€00
Midland Oil
Jan
900
12%
Sep
10
107%
Sep
$2
79%
Dec
109%
Jun
70
85%
Oct
123
JUn
97%
1,050
-
.
.112
438
Corp common
Corp $1 cohv
Co—
59%
.64%:
50
*
65
—
■
23
International
Registered
7
Safety Raeor
7
23
;
11,600
13%
Oct
31Vt May
24% Jan
14%'
13%
14 Vb
VvZ^sooZiv
3%
4%'
12%:
12%
*
31%
29
127/s;
31%
Mfg voting trust ctfs—*
Irving Air Chutb...
X
l—
1
Italian Superpower *
"6%
Utilities
Interstate Power $7
Investors Royalty
B—
_*
5
common.-
preferred.
.
1%
».
fSJ&t "A?yL.
.
■
1%
1
May
3% Feb
Dec
19
;
13%
:
l%Dec
.
';
yrf.
,
,
Mountain
States
3Va Apr
3; -y
K*I»er-Frazer Corp
9
9', 8%-' "46J96 *i"-dot'
-.
—-100
—5
——
23
•
—
5
12
.300
,
.
'
7
_
.50
2,400
"y,
100
pfd B
100
5% preferred D———.100
7314
1514,
4%-
15%
13%
4%-
414
—1
Co common.
Rubber Co.._ A.....A.10
^3,500
-5
National
National
1%
•
'
,
714
U
1%
8% Nov
25;X 25
18
1814
2014
1014
10 Vs
17
-
Laclede-Christy Clay Prod
Mines Ltd.
10%
17
»
Sep
Nelson
1
1,100
—...—*
Lanston Monotype
Machine..—.—
University
Lefcourt Realty common
preferred —a
Oil
Leonard
Development
Material
Line
Lipton
Lit
14
"? 6% NOV
Jan
85
JUn
:'v
10%
Jan
26
5
>
400
13
B
NOV
1,300
500
9%
-
1,900
-5
1% Dec
Vv
27%
13 y*
1,600
Locke Steel
—
Chain.,
;
~Longines*Wittnauer
For
footnotes
Watch
see
page
S: 700
3,25*0
-
8%
,
26%
*
14%
10
Apr
160% Apr
36 • Jun
21% May
Oct
NOV
:/17,
Jan
/•
Union
conv
23 V
—
9%
———19
18 v
Co.a.—..1
3317.
N
26%
Dec
Feb
12%
9%:
23%
200
.23
u Dec
9
Nov
Jan
30
'•
t;
15%
Jan
f
12%
1,900
liy4
Dec
12% Deo
1
10 Vs
Oct
1%
Oct
3%
Nov
15%
10%
y
,
119%
'
7%
13%
3%
4%
2%
2%
1
Z-*
49%
1st preferred.—..,
5 % 2d preferred..—.
Class B optional warrants
—
—.
—
—
Mines
.
Noma
Electric
...
North Atner Light ft Power common
$6 preferred
'
Nov
Feb
.y.» 95
-400
10
11%
55
52 Va
10%
119%
119% 119%
109
1%
108
~i%
*
10%
9%
1
120
V
51,800
rv.
125
r 140
45
.;
50-
,;v
iv
26
Feb
Dec
Jan
Jan
15
May
Sep
13
8%
Jan
Feb
95
Jan
112% Sep
15,900
Mar
ill
8%
100
x35
Nov
10% Nov
104%
19
64%
Sep
Deo
Dec
18% May
E>ec
9
Aug
July
81% Feb
11% Mar
4Vs July
-
Sep
54%
•
;21
.
Sep
Sep
123% Feb
:
120
Apr
3% Feb
13% May
26 Va Feb
9%
9%
9%
♦
12%
11%
12%
1,600
6,900
liya
Dec
12%
12 Va
Dec
20 Va
1
I
100
"1%
4,600
1%
Dec
•X : :.5%- Feb
6
Niagara Share Corp class B com
12%
1047/e 1047/a
shares
57#
3%
Apr
16% May
.Hep
53
7 2
20
up
1
100
100
142
Oct
12% Oct
6Va
.
11% Aug
49%
Shipbuilding Corp—
Niles-Bement-Pond
300
95
12% Jun
35
,
Sep
116% Nov
.
25
600
50
0
-
10%
95
:;*
1,600
6,700
2,800
v
Apr
Jan
108% Jun
Sep
79
/
60
2,000
1,200
67%
4%
10
19
6> Sep
250
450
15
66%
—,
22
Dec
'
'
118% 119%
7%
7%
67%
24 % Feb
Oct
■;y 9
Jan
4% Feb
Feb
14
Oct
25
114%
Merchandise
Nlpisslng
.V
8%
89%
8%
15 Vb
*
10
1,000
86%
*26% May
Sep
11%
800
v
20
.1
-
400
11
...25
Nineteen Hundred Corp B
22
Apr
22% July
11%
1,500
9
Associates...... •
.100
s
.
*
Feb
1,800
.3,300
,
...Z*
Niagara Hudson Power common—
Sep
9%
II
14%
1
$5.10 pfd.100
N Y Water Service 67# pfd
100
32% July
18V«
12%
23% Mar
10
5
Mining Co
Founders
33 v Aug
20% May t;
17%.
,
37%- Sep
21
N Y State Electric Si Gas
41% Jun
33
Sep
10%
,5
X Auction Co oomtnoh
N Y
Jun
.-
Feb
11% Nov
Radlo....^..—.__30o
& Arizona Land—
May
18
29
3.000
—
38
200
2.050
6,900
—
22% July
1
1,000
20
1%
preferred.,
Cep
Nov
32
20,/; 20%
3%
•
17V« Jon
;
12%
60ft
1%
—7——ZlOO
49% Aug
12%
Zl
Corp.
r
Nov
Apr
14
5,300
-
13
3%
Jersey Zinc.,.
Y
3%
J,600
Nov
9% Apr
12
10% NOV
700
4%
14%. 15
Warrants—.Z.
3% Apr
Nov
25% Mar
——1
32 V2
Oct
100
12
12%
*
N Y City Omnibus
N Y ft Honduras Rosario
«
14% Jun
45
Sep
56
29% Mar
•.«
a..——5 y.i
—;
Lone Star Gas Corp mmmon
6% Fob
lOVa Jan
<
OCt
Sep
20
40
25
•
NeW Haven Clock ft Watch Co—
N
24% May
7% Nov
Oct
Mar
20
elkss A..i——*
Logansport Distilling Co
16%; 17%
u>
11
2
New Process Co common
■
10
————*
Jan
37% Jail
II,700
....
Oct
'
5
(Thos J) Inc 6% preferred—25
Class
"22%
"100
"250
22
22
_1
(Herman)
New Park
Aug
25
Co
Loblfew Groceterias
Sfep
7% Sep
132%
7 •
Zi~2ZSo
Ltd
$2
preferred
7 New England Tel ft Tel.
Apf
v
Inc.—.—.....1
common
8Va
■
15% Feb
21, :
31
—*
Corp
Brothers
2
3,100
4,600
2%
1
Feb,
100
14% Dec
Car
New England Power
6% preferred..,
14% NOV
23 Vs Ffcb
Oct
I,700
":
—1
Prior
Lionel
Se^:
175
1
Langerdorf United Bakeries class A—*
(R G)
Hoy
5%
5,800
Lane Wells Co common—.a.._
Tourneau
2»Av
6% •
4%
com
Nesle Le Mur Co class A
2% Feb
12
7,100
Foundry 81 Machine
Lamson Corp o£ Delaware
Lakey
Le
8%
I
Neptune Meter common
ii%May
12
5
Lake Shore
Ext
2%
Feb
10% Jan
:;7j57:
11%
Fabrics..—.
Transit
National
,9% Feb-
X200Apr '
BOO"17% Not ?
3414 Apr.
400
19% Nov
3714 July
900
10
Oct
19% May.
100
12% Mar
18% Jun
■:
21
-
1
.
__
National Tunnel ft Mines common
28% May
:
Steel
New Mexico
Salle
23%
54% Jun
Oct
•
.
......
Pressure Cooker
National
4%%
La
May
.37% Dec
6
•
National Rubber Machinery
May :
94
Apr
82% Apr
.
4% Oct,
12,700
18
Co
—
Feb
Jun
210% Jun
Sep
17
z
T
Zl
;
GasL—"""
Malllnson
National
115
12%. Oct
•
700
21
,
111% ; Dec
60
Dec
50Dec
NeW
B
180
170
700
6
18 V*
;
3
Sep
11% Jan
:
>
National Mfg & Stores common—.
t
Class
\
18%- 19%
r
^
'
-
ft'.
■
preferred
15% Jan
'• 29% Jan,
Not
10% Dec
2,600
714
714
Khott Corp common.—1
Kobacker Stores
a—
1
Brewing
62
—1
,
Krueger
75
60
—
Petroleum—
270
6201
70
a.—.—1
Kirkland Lake G M Go Ltd—
(D Emil)
1,400
1,400
Apr
20% Feb
10% Jan
\
*
■■ f >•
National Fuel
Ii%-Juili
9% Feb -
'
.6
.
1%
l24%Jun
Aug
Kimberly-Clark Corp—
4%% preferred
Kings Co Lighting 1%
Kleinert (I B)
4,900
3%
16%
37
.!
9% Nov
4% Dec
-to1::
*f*'
National Breweries common
\i# juii
■.
:V 3t
Feh
JDeo
,19
.
400:
.
7
:7%:
1114.12%
-«
...—
Kldde
100
23
i
614.
6%-
<23
w
12i/Sep
18% J»a,
—
—"
22
22
;
Ken-Rad Tube St Lamp A—_w.«—;
Klein
5%
3 %
-'i'r'-y
«.
jyfc', '
,■
7'.; ^7
Kawneer Coa.—
Kirby
4%
V 11% Jan
-'107% Feb
v.
,
King Seeley Corp
Kingston Products.—..
'mmA
6
Jan
19% May
July
50
Dec
6% Sep
103% Oct
20
Jaa
2,900
187% 189
189
7 18%
—ZZZ~2%
„
-
CO tommoiLA.^.
(Walter) <fc Co—
16
.
9%' 10%.
30%
.
7,300
9Va
15%
108
•
Nachman Corp new common
National Bellas Hess common
Key
550
i
'
Kennedy's Inc
3,700
•
Power common—
Murray Ohio Mfg Co
i
1% pfd
3%
100
Mountain States Tel ft Tel
Kokepga1
Kansas Gas .81 Elec
4VB
—..10
Producers...
.
Julian
1
9VB
29 V* Aug
8% NOV
•
•
•
Jefferson Lake Sulphur Co
Jim Brown Stores common—
preferred
Feb
9% Jan
14% May.:.,
17% Dec
:
ZZs
Glass Co common—
A
47
2% Nov '
':35%:
8%.
l
Muskegon Piston Ring..
Class
Nov '
3Va NOV
10% Sep
50
9%
8%"
35
50
_
•
100
*
Mountain
Oct
Jan
3,000
'3%
3
ZZl
Muskogee Co
Jeannette
9%
35
28 /
325
18
18
MbUhtftlfi^ city doppei tbtomoiu—Bo
Jan
1;
-
6
Aug
31% May
,
-
Feb,
32
Nov
.6% DfeC
1,300;/.
.700
1% ■■■: i%*
i%-r
-
63
-
50«
Montgomery Ward -A—.
Montreal Light Heat & Power...—
18% May:
-
•27% Nov
.35(1.
,
7%'
>S«p
Apr
20% Apr
-
Nov
2,500
Moody Investors partlc pfd—...
Morris Plan Corp of America^
7 Y* Mar
Dee
11
.1300.
20%
6%
2%
•
300
1%
20%
1% :
Fireman
1,800
1,300
12%
Utilities
Montana Dakota
17% Aug-
10% JMI
'
r 4VB ■:
International
12%
_
14% May
24%
6% Nov
.
Monroe Loan Society A.
Feb
25 Vs
.'
•
ZZZZZIIl
common
Mar
17% Jan
5% Jan
Oct
1,300
conv
Jan
9%
Jan
30%
4%
Monogram
,
'
3 Va
15 Vb
3%
Moiybdentun Corp.—
Pictures common
24% Janj,
'
;:;12%;N0V7,V'
•
Jun
35
1,100
25,400
29%
preferred..
Mining Corp of Canada
....
Minnesota P 8r L 5%
pfd..,
Missouri Public Service common.
•4%%
73% Apr j
:
12% NOV
200
;
Oct
; Sep
20
100
16% :13%'
products.a.
International
39
2,400
:v
.
International
;
33% Jan
20% Oct
28
13 VB
13%
Petroleum coupon shs„•
shares——..-———.*
* <>< <f( -v.^
'>lt, '*
"[s
300
21%
62
v
Oct
•
•
50
,
Refineries...!
Mid-West
14 V*
Jan
May
14% May
Dec
—.10
common
Midwest Piping & Supply Mm.
Jan^
s
9,.
pfd—ZZZT.
Abrasive....,
Midwest Oil
;
191/4
5
dividend shares
non-cum
Mid-West
112% Aug.
200
/
108
109
West
Midvale Co
Jatfi
30%
,.~i
Class B v t C—
Middle
14% Jan
Jan
18%
300
'
7% May.
,
.
—
>
11%
' Oct
Midland Steel Products—
2,300
}■
20%
Warrants ;
Iron
19
3%
15%
12
11%
13
International Minerals and Chemicals-
■»;
r
Miller Wohl Co
Preferred $3.50 series—
...
International Metal Industries A
,'
vi 9
2,200
Jan
95
Cigar Machine.—.*
International Hydro-Electric—
*.
"fa
4,200
1,600
15 Vs
98 Va 100%
International
r"
3
10 Va
5% Oct
11% 8ep
11% Sep
101
97%
900
11
Z
Preferred
Mlcromatie Hone Corn.
112
5% Oct
8
Nov
2% Oct
9%
Dec
108
100%
..100
7,
2%
19
mmm.
-100
preferred
8%
800
:
10%
23
13
Indianapolis Pow St Lt \% pfd— ..100
' 5%
9%
1
14% Nov
11%
—£1
........
400
ZlO
-
12%
Dec
Sep
4% Sep
5
Nov
52
Dec
6%
4,500
5%
8Vb Apr
26% Jan
>:
Sep
14%
200
Apr
8%
5Vs Sep
Dec.
2%
2,600
,
5%
—2.50
•
Apr
Apr
Sep
.
,
Apr
37% Apr
109
__
Apr
f20:
30"%
18% 18%
X 19 4
Imperial Chemical IndustriesAm dep rets regis
—II
*
Imperial "Oil (Can) coupon
Registered
'"ZZ*
Imperial Tobacco of Canada..
Z-5
Imperial Tobacco of Great Britain & V
18
s
—
39%
18
'
•
Apr
24
12,000
"6%
6%
25o
ZZ" 15
Corp
—ZZZ".
Participating preferred
11%
•
•
Jan
47
4,200
6 :>■
•
Textile
Metal
5%
2
51
29%
61%-63%
18%
—*
700
2%
Co
53% Sep
15
Oct
29%
62%-
—-
common
33%
loo
...
S^!gan ft6el Tube-*-
Dividend arrear ctfs
Ulinosl
11
5
1—ZZZZ—~
—
Michigan Sugar Co
*
50
——
22%
Oct
9% Nov
25
Feb
1,600
10%
Zl
common—...
Co—......
Merrltt Chapman St Scott
Warrants
July i
July
7% Apr
69
-:nv.
Illinois Power Co common
b% conv preferred
9
36
50
-,
18% Apr
2,300
33
....
Natural Gas
Menasco Mfg
1
v
15%
Jan
4% Jan
Sep
Oct
12%
1,100
39
6% Mar /;
19Va
■
,1% Dec
700
2 y-
16%
14Va
Michigan Bumper Corn..,,
;-r<v
May
.
Deo
7%
4,100
,
Oct
60
'
8%:
39
ZZZZ—ZZZ •
"ZZ
•
ZZZZZZZZZZZZZZZl
Dredging
34
74% Oct
u
8;
1%
common
Mead Johnson 81 Co
12
•
3% Sep
1,300
y
•
$2.50 preferred
50% Mar
21% Jun
37% Oct
125
£1
Massey Harris common—
McCord Corp
21% May
40% Jan
,
^
Mass Utilities • Association v t
Jun
:: 37
Ofct
6
1,300
—
—
Jun.'
56% May
Dec
19
27
8% Jan
<
2% Oct
4y*
20%
24%
15% Jun
10% Oct
'50
-
Sep
■
Communication Co Ltd
.
75% May
27% Dec
Mar
.
Marlon Power Shovel
334
6% Nov
18
Oct
25
Corp
Mfg Co—
—
Hussmann-Ligonier Co common——
10
1>200
Fibre
14%
20
"•
Mapes Consolidated Mfg fin
115% Mar
48% Jan
'
Apr
26% Apr
117
111% Jan
17
8%
(The B) Co.
Marconi Internat Marine
47%
;
22% Sep
100
2,900
Hurd Lock. ft
"
Hay
112
-
170
v-
38% Oct;
-
Apr
15% Aug
9% Sep
8,200
13 Vi
16%
1
45% July i
May •
Vv
Feb
140 1
5
114
-
' y 11 Va
warrant*..
common.
25% July
i;
35%
•
.A
225
41%
40%
41%
•
8
Inc.....
preferred.—
•
-■,
Manlschewitz
Aug
15
-
Mangel Stores
♦
32% May
Sep
-10% Sep
50
38%
.A
17%
>22
;
Manati Sugar optional
87% JUn
i
6"
•
500
•
Apr
108
Jan
53:
Sep
'••:^9vV.Oc't--
>
117
45% May,.
<•
£3% Sep
3»600
6%
26
-
55%
38%
'preferred^*————100
Humble
-1,200
9%
Oct
Oct
Nov
Oct
8
4,500
1,175
May
92
26%
€7% Dec
,
*
Hormel
Hubbell
35%
%)76 *
10%'
9%
♦113
70
65
750
80
Apr
103% Sep
725
85
3% Feb
Aug
Jan
18
13 %
———.—2
Lynch Corp
/
73%
80
Exploration
-1
Light 66 pfd——*
Si
1
26,200
1%
Apr
16%
10
20
,
9V4
30%
75%
•
48
Dec
10% Oct
•
Louisiana Land
19% Feb
Nov
800
87%
9
1
—
ft Co cla%* A-~±
——10
Holllnger Consolidated G M——5
Holly Stotes
Holophane Co common.*
$2.25
23%
10
200
105% 105 Vs
A.
87%
Hob '(R)
Inc—
—
—100
ww
dep^.
preferred A ctfs of dep
preferred B ctfs of dep..——a
Q%
Louisiana Power ft
%
23
12'/a
1%
High
Low
High
1
26% Feb
,
11% Sep
13%
X21 5/B
12%
j.—.—2
common,—
preferred
Horder'e
Dec
13%
-.900
Common ctfs of
7% Jan
14% Jan ;
„
15%
Co
514 %
6%
500
A
Class
4%
lv200
1,000,-
7%'
14%
Helena Rubinstein
Heller
37/B
7
Range Since January 1
Shares
Long Island Lighting Co—
Jun
9% May :
3,250
Hecla
3%
for Week
•f Prices
Low
72%
Oct
3%' Dec '.r
Sales
Range
Last
Sale Frlce
High
60
Week's
Friday
•
>
Bange Since January 1
L010
Light
25
Hartford Rayon voting trust ctfs——1.
Harvard Brewing Co—
——1
Hat Corp of America B non-vot com—1
Hazelttne
Corp....,
.
..-•<
Hearn Dept Stores common..——5
,
New York Curb Exchange
for Week
' Shares
High
63%
Electric
20
STOCKS
Week'*':/.;.;.; Sales -
1
1
12%
20%
8%
164
2
1%
18%
7%
158
.
;
20%
8%
164
9,000
..14,800
575
16
5%
132
Apr
Nov
Sep
Sep
;7-i64r Apr
^
3316
COMMERCIAL & PINfANCIAL CHRONICLE
THE
Monday, December 23,-194(3!
NEW YORK CURB EXCHANGE
RANGE FOR WEEK
r
V
.
S T O C K*S
••
New
■
"Friday• Last
• -
Curb Exchange
York
t
•<.
'•
North American Rayon class A
North
Northeast Airlines™.-—-.
North
Penn
RR
38'
38
3%"
Z0;
100
U£V.4
4
A—2—1
A
50
Co—
A
8
<
34
•
000.
-v
•Ai'
Dec.
6%
Dec v-'h
Nov
Natural
Gas—
pfd_100
—
V.56%
15
Northern 8tates Power class A
40
Northrop Aircraft Inc
Novadel-Agene Corp
1
1-
—
20
i.J
106
"
—-
55
56%- —775.
36
"■
»
Sepnr?
4014
8%
44% .Sep. i
26%
5,900-
8%
814
i.
.
8
2,400
.
111:;
59%
„
*
St.
Ltd—-■
31
31
x30%
-
29%
200
Sep
Apr r
United
Corp
Savoy Oil Co
Schulte
Apr
Co
-.
Corp
Ohio
Power
Oklahoma
Old
class
4%%
B
Gas
15
com
Distillery
37%
1
1
33 %
113
113
:V
36
113
37
*
2%
300
Inc
113
Dec
118
Dec
40
A)
Inc
Steel
Co
444 9%
650
Overseas Securities—.—
4,400
12 %
v
V
Jan
22
16
Pacific Gas & Elec
5%%
1st
6%
•
pfdl—IH25
1st
preferred
Pacific
Lighting $5 preferred
Pacific Power &
Light 7% pfd
Pacific
Public
$1.30
1st
11%
39%
10%
40V4
38%
•36
113%
100
Service-
Tubes
;
104%
103
,103
*
14%
108
117%
14%
11
II*
:':20
Circle
36
y 88
14% Nov
24
&
Power
56
of
Canada
convertible
10%
10 Va
Dec
3%
3%
2,700 ;
3%
Nov
1%
1%
'1%
700
1%
Sep
9
100
8
Sep
Oct
-
Oct
!'/
Sep
:
11%
9
12%
12%
100
115
30
108
dep rets ord regis
City Gas & Elec Co—
preferred
Smith (Howard) Paper Mills
Prosperity Co
May
Sep
Jan
86%
.
8%
6%
1st
9Va
11%
11%
100
9%
Sep
23%
800
15 Va
Feb
1,000
13%
Oct
X21
■
14%
1
2%
Dec
8
6,300
16
•
NOV
Manufacturing
Coast
v
Southland
Sep
T%
•15%
600
9% Nov
A 44
Mar
'
57%
460
8%
10%
2,25Q
i
600
—
—
.
•5
;
7
~27/s
Mkr
*
113
Ii%
14%
Corp common
14%
Jan >
47
Jan
Nov
78%
Feb
;
8
Nov
15%
Feb
5%
i
Sep
10
Sep
27% Jan
4%
:
7V4.'
7%
1,000
7
NOV
3
3%;
4,000
3
Nov
6%
2,100
6
Dec
Oct
6
7
7
33
12.50
32
7
5
600
33%
41%
41%
Jan
14 V*
10 V*
55%
29%
— —
Dec
Jan
May
4 10 "Sep
I0p
July
15%
35%
60
Apr
Steel Co of Canada
Feb
Stein
Oct
13%
Oct
8% ~8%
fob
8%
Sep
■
/
-f».v
106%
18%
10%
Apr
Jan
Jan
112
May
111% Feb
—
2,500
Nov
2%
2,700
17%
550
28 %
Sep
1,700
10
750
10
24%
30 Va
2,200
3%
4Vt
3%
17,200
108
*
110
122
Jun
100
300
103% Sep
.18
Sep
27
Apr
400
*10 Va
Sep
•'
237
Feb•
000
97/a
Dec
\
20 % May
"
25
24%
14%
5
25
v.": 12Vsr-
,V_-
14%
'
10 Va
10
10
10%
113% May
•
•,
27% Aug
11% Sep
:■
Oct
3%
■
Brewers
Nov?
80
91
9%
3%
Sep
2,600
5%
Oct
26
,y.
Inc——
—-
.1
28%
.1
;
26 'v'
26%: 28%'
.;
Y
-Jan :v/
Apr
Feb
31
10
6% Dec
400
8% Jan
84% July35 Va July
Nov. y.
18
V
600
6 V2
6 %
6%;
•
25.
600
"
Jan
9% Jan
72% Oct
v
——.
23%
Oct
300
6%
Q
1,900
4Va
Jan
160
-Oct
11%
10%
l
Oct
3
34% Aug»
ivB May
7% May
y
Feb
2%
300
1
Sterling Engine Co——
(Hugo)
Co common
—.
Corp—
—
(S)
3%
3,500
12%
3,200
14%
925
13%
300
1% Dec
14% Dec / y
:
Oct y V
:
1%
1%
•
Sunbeam
Sun
16
32%
750
17Va
:
33%
32%
P, V
29 Va
i—
Corp
Superior Portland Cement,
Superior Tool & Die Co
Inc.—
Finch Oil Corp
1
27%
1%
•
30
35 y ;
"
[III
850
3%
3%
Oats
common-
6% preferred
Quebec Power Co
•
.
96
Jan
17%
Sep
49%
Jun
—IIIIIII10O
—
114
163
162
420
130
189
11V*
„10
Oct
May
34 Vi
Jan
'•<
v
f
6% July
20
-
May
Taggart Corp common
Tampa Electric Co common
Technicolor
Radio-Kelth-Orpheum option
warrants
Railway
•
'• •'
'
Light
Securities
Raymond
$3
A
IIIII _1
10
Concrete Pile common.
Reed Roller Bit Co
Reliance Electric &
Textron
Oil
Corp
Rolls
5
•v'ii-- '
•
15
;"-2
<
•;•
28% y
35
13 Va
35%
9%
22 Va
:
>
22
16%
28 »/a
;
"
Xl5
v
13%
61,000
22%
900
Art
2
5%
106
5,200
2
106%
Petroleum
Royalite
Russek3
Oil
Co
Jan
1,800
:gy
-
70
Dec
-
12
1
Conciliated
Petroleum
common—
page
1
Jan
4% May
13% Feb
4%
Jan
Jan
110% Mar
Apr
Oct
Amer
—
4
y
r ,•
\'
'*
j
•
'
'
Shipyards Corp
Edison 6% preferred
preferred
Tonopah Mining of Nevada
Toledo
7%
Lux
Jun
Corp
Tri-Continental
80c convertible
preferred
Nov
Oct
11%
Oct
44% May
Ulen
19%
Unexcelled Chemicals Corp
12
15
Sep
10%
8%
Feb
Union Gas of Canada
Jun
Union
1,100
3317.
\
y
700
5%
5
3%
Nov
14
116%
37
Jan
29-
■
Apr
Sep
123
Sep
10%
2,800
7%
Sep
10% May
26,600
9%
Oct
26% July
Oct
9%
37%
35
33
:1-
19%
22%
5,200
16
-
14'/a
14%
1,600
13
V.v37 %•
150
-
-
:i
48
July
Jan
y
.26
Apr
Oct
V
Nov
1
59
May
14%
Dec
Oct
Sep
Dec
*
.
105%
110
Feb
111 : 111
105% 105%
10
95
Oct
20
105%
NOV
112
May
Va May
110%
30
109%
Dec
117
Aug
110
1%
1%
4%
,4%
1,300
2%
3%
1%
30
30
200
11%
400
11%
12%
2,100
10c
5
2%
57/a
11V8
5%
Sep
4%
9%
Oct
5%
20
,34
Jan
Feb
Feb
Feb
May
Oct
14 Va
Jan
10% Nov
17%
Jan
10%
17%
Jun
5%
Jan
5%
1,800
11
v
NOV
2Va
6,000
—
165'
4 Va
2,400
4Va
6 '/a
1
•
Feb
3 V»
\
—
.
Oct
May
72
fr,lVa Oct y
1%
\i.
7%
Nov
13
[
yjy—jy
22% July
9% May
6y8
2,000
-12% May
Nov;
29% Sep
11%/14%
1
Tung-Sol Lamp Works
17%
5%
6%
-
Sep
30% Aug
21
Aug
500
6%
40
119
3%
—'
1,000
4 Va
*
—100
100
1
1
warrants
Inc
7 Vb
5%
V
•
Todd
23%
6%
700
2,700
6%
,
dep rets def reg
6%
4
y
Ltd—
dep rets ord regis
22%
1,100
v
:y: 900
15Va
17
NOV
4%
25%
Oct
14 Va
12 Va
119
8 Va -
32 %
22%
14%
-
1 V*
———
Tobacco Security Trust Co
Trunz
21%
12
6%
-
4
Jan
49
1% Sep
600
1,800
I—_—.—5
common
13% Nov
23%.
..1.25
Ryan Aeronautical Co
34%
Oct
1,300
5%
Co
Roofing Inc
Trans
105%
.
-
15
•
Fifth Ave common-
see
7Va
Shovel
Amer
5 Va
14%
—
50c
Inc
8%
32
,10%
14 Va
2
—
Realty & Construction—J
Tivoli
Brewing Co
—-1
Tobacco & Allied Stocks
*
Jan
37%
Dec
25
x4%
1
Ho
Ltd
footnotes
29 V*
8Va Nov
21%
14%
-,
5
Co
RyeraOo./'&'Haynes
For
Jun
Aug
23%
14%
100
pfd
1%
Co
S
15 Va
—
44
60
.'14
5
Roosevelt Field Inc
Feb
Sep
14%
"*
_2
Rotary Electric Steel Co
34
23% Nov
; % Dec
20,300
6%
1%
106'
£1
Works
4%
Nov
15
Metal
'
30
1,300
%
•
dep rets for ord reg
Rome Cable Corp common
;
Sep
2,500
29
%
Land
Tishman
Nov
25 Va
800
Royce Ltd—
Ronson
Tilo
Feb
1%
200
16%
27%
1
%
6%
.100
Inc
Sep
Jan
&
;y
32
Apr
53
j
pfd F
13
24
'
1
Pendleton
400
■
"
:•.
vtc
Oct
Thew
28%
35%
——•
warrants.
Am
Root
5
1,300
2
f
common,!lioc
Engineering
Rochester Gas & Elec 4%
&
33,500
Valley Gas Co—
(Texas Corp)
Roeser
5%
17%
•
Richmond Radiator
Rio Grande
5
17
y'#—• V,'
•
Rice Stix Dry Goods
Richfield
:
•
*
convertible preferred
Raytheon Manufacturing
5%
4.10
Oil
Texon
—
•
'
-
St
Voting common
Railway & Utility Investment
Rath Packing Go common
1
* /,
—
common
Power & Light
Texas
R
Inc
•
9%
Apr
Jan
Feb
Udylite Corp
Realization
Rights
w
;
Corp
2%
10
2
Oct
8%
Nov
Union Stock Yards
of Omaha
19 Va July
•=.% nov
-
Nov
——
Co——.—i
Oct
1,000
4,300
r
i
Investment
9%
7%
Nov
*
5%
100
55 Va
eitt -iy8 July
Oct
*
1,500
Nov
8%aiFeb1.
&
-
26 Va May :
Jun
Apr
*
:
Jan
48
/•i 62 V«
..28-- Jan
-1'
•
96
94%
;
v
Feb
x.-.-
Quaker
•
Jun
■
1
20% y. 1,425 yw: 17% Now-.
;
3% Dec
3%
1,500
19V2
:
y
21V*
.1,100
37%.
1 /:25V
Nov
700 :.k: 287/.
-
V.?'1 •^
Ray Drug Co_-——:——:—i—
Swan
Q
;
87/a Jan
22%
:y
10V4 Nov :
V
'
Vi
16
St Co common——-
>'*■ '• •*••:•• I'; '■
'•/Y
3% Oct
3%
11%
14%
lis
—1
Scop It Shop Inc
Stroock
3%
12%
14%
—1
—
(J B)
,
•
Apr
:■8% Feb
19% Sep
1,700
4
-.
45%
-
i 3% Nov
19%
ylOVa
3%
19%
Jan
12
16
Feb
•pr- 3% Feb
;
45 Va Apr
Oct
32
1
Y
Sterling Inc
•••••''•
I HI*
19% May
Sep
.22
.
—
& Co common
(A)
8tinnes
.yj:''-:/'
#
Jan
1%
20
(The) Corp—
Stetson
—
7%
6
'
Feb
3
♦
1st
300
4
Sterling
Dec
1%
Feb
7%
2%
B
Jan
8%
5,000
14%
1,300
30
—
20%
2,000
Nov
8%
21
1—-
Co
Sterling Aluminum Products—;
2%
165
Juny
17% Nov
V; 13% Feb.
Nov
6%
500
118% 124:v
Products
May
9%
6Va
7%
1
Preferred
Standard
95
2
500
"
.•
Sep
~97/a
-
t
29%
Starrett
3%
6%
8%
7%
(Ky)
Standard Power & Light
Common class B—
Aug
:
-
Apr
Oct
29%
■
Standard Tube class
«
30%
:
16%
10
Oil
200
Aug
Mar
51
- Feb
32% Feb
31 Va Jan
39% Oct
y
-
'•< 'V /'
16%
IV*
—y—•
2.78
Standard
43
300
7
5
Dredging Corp common
preferred..
Forgings Corp
Mayi
;
6%
■■
10
Co
106 '
Sep
1& Sep
Royalty
39
140% July
1
com
$1.60 convertible
10% Jan
;
new
Sep
31%
y
90
42'/a
29%
25
Standard
,
28V2 May:
73
—
7% Feb
.
31% Jan
2,200
—
Pipe Line
Standard
h
4! 15% Dec
16%
•
_
29% May
15 V2 Jan
12% NOV
7,600
7%
6%
Standard Cap & Seal common.
Convertible preferred
Feb,
50%
5%
15%
_ioo
-
102% Nov
y
'
common.
Spencer Shoe Corp—
Stahl-Meyer Inc.
Standard Brewing Co
15%
6%
class B
„
Jan
5% NOV
5%
Pyle-National Co common
Pyrene Manufacturing—
;*
Apr
7% Jan
—
3Vs
Phosphate Co
20%
37% May
30% Jan
3,100
56
16%
Phget Sound Pulp & Timber.
13% Nov
24'/a May
Jun
...
preferrd B
6%
Southern
10,000
•
preferred
—-_~
Puget Sound Power & Light— ■
v
$5 prior preferred-
115% Aug
31% May
Jan
5 % original preferred———.i..—25
Oct
3%
5%:
„25c
preferred—a
Apr
12
y: 5%% preferred series C
25
Southern New England Telephone—100
11%
8%
10% ,11 .-;
1
o
y
7%•
Jun
169 V*
';
374
1
Jan
87/a
—
<
Sep
Sep
49%
1
Soss
51% Aug
63% Apr.1.
:
"p
Public Service of Colorado—
Dec
23
■19%
Dec
£1
Manufacturing Co
Sonotone Corp
12 % May
*
Providence Gas
I
16% Jan
110% Jan
12% July
13% NOV
Southwest Pa Pipe Line
Southern California Edison— "
■
Prentice-Hall Inc common
Pressed Metals of America
Producers Corp of Nevada
Jun
1
Solar Aircraft Co
—
{>,.! Li,'-'"
I—II-
Jan
12%
25% Jan
100
Jun
common—12.50
Pratt & Lambert On
Premier Gold Mining
Feb
5%
\
117
>
...
...
9%
11%
;.
•
•
:
.19
1,900
1,100
y
100
Amer
South
—HII*
common
3%
Jan
29:.
•
preferred———..—*
South Penn Oil common
"50
Power Corp of Canada
6% 1st preferred
11
y
16
Jan
I_
Polaris Mining Co
Powdrell A Alexander
100
3,800
.
.
Feb
104% May
111% May
3 Va
———*.
I 3.90%
Southern
common
3,000
35%
/;
Sep
•
Ltd——
Jan
Pittsburgh & Lake Erie
IIIII—50
Pittsburgh Metallurgical common
5
Pleasant Valley Wine Co
1
Pneumatic Scale
85%
100
9
—50c
Pitts Bess & L E RR
' July
V'7% Feb
30
Oct
100
>
Jan
7
■
Sep
Sep
82
25
21%
IIIIIIIII—•
Inc
2%
.,14%
200;.:
,
Jan
30% May
y-
^3%-Apr
}'
,<
i
May
9Va
NOV/
6,300
*
—
common
Sioux
July
2 50
Piper Aircraft Corp com
Oct
21
•
' '
1':,
Jan
22
:
11%
"
Pitney-Bowes
Nov
2%
4,250
•:
.
—.5
100
Governor common—
Pinchln Johnson Ltd Am
shs
Pioneer Gold Mines Ltd
19 Va
:.
1
Breweries
$3
Jan
84
Nov
"on
Pierce
Nov
47 T
Sep
Sep
3 Va
.:
Jan
52%
.
Philadelphia Co common—
Phillips Packing Co„_
:
12%
1
-
Mining
•
com
29%
.
1
Corp common;.
Control
class B
preferred
Sick's
Jan
9
'
Co
Jan J
46 Va Aug
-9% Jan
_
—1
Radio
Silex Co common—..—
59% Aug
1
Pharis Tire & Rubber
;
I
Apr
31
.-
Jun
:jo%
!
Sep
50
88
Sherwin-Williams
Feb
13% Mar
Dec
•
Pep Boys (The)
Perfect
22%
Solar
Penn Water & Power
Co
!
July
■
III III*
warrants
Pepperell Mfg Co
22%
3%
(R B) Inc
4%
,.
11,100
83
Water
4%
May
/14
1
"
May ;
12%
V.t 5% July
Oct
300
3%
18%
Simplicity Pattern common
Singer Manufacturing Co
Singer Manufacturing Co Ltd—
Jan
Nov
•
Peninsular Telephone common—
P $1
cum
preferred
Pennroad Corp commonCement
15 Va
J
•
Parkersburg Rig & Reel:.!!
Penn-Dixie
Jun 1
i
Simmons-Boardman Publications—
3
5
Penn Gas & Elec class A
com
Penn Power &
Light 4%% pfd
Penn Traffic Co
y- 35%
NOV..,;
,~29Va
--
500
20%
3%
31% Jun
Jan
Oct
.-9% Marl:
.
1% Nov
2,800:
2%
83
16% May
28% July
Jan
27
—
Corp
Plymouth Mills
Va
8% Sep
I'll • "Oct
American Airways warrants
Pantepec Oil of Venezuela Am shs
Patchogue
Nov
26 Va
Pan
Paramount Motors
Parker Pen Co
41%
109
•
common-:
46 Va
Sep
Oct
High-
j;
3
.-V
1,000
20%
17%
common.
Co
19% Jun
.
:•
.y
Oct
5
,
11,000
.
1
Safety
2 0Q
•
Corp
1
Seton Leather common-———^--—*
Oct
T;:
4%,
5
Serrick
Nov
,
6,100
13%
.
25
Sentinel
Sentry
102% July
113% 113 Va
•
preferred
Page-Hersey
,
11
25
;
—...
.11%
40%
4Va
^Allotment certificates
Jan
35
Xl2%
stock
Shawinigan
common
Oct
8%
.21
.
>
-.1,100-:
•
Sherwin-Williams
Co
9,600
1
;
Sheller Mfg
Can
23,500
5%;
-
33 Va
*
Hardware
Shattuck Denn
Pacific
3,575
.
33Va-
prior stock
Semler
4,6% Oct
1,100
_i
5%
1
Inc
&
Convertible
$5.50
"Ltd—
shares
Lock
31%
25
;;
common:
Selected Industries Inc
',
18% May
16% Jan
Sep
Oct
Hi 5% Sep
..7,400
;
■
1
common
Manufacturing
Dec
8%
8 Va
33
9Vi
*
common——
(D
Selby Shoe Co
Jan
36
,
8%
4"
Feb
Jun
Nov
1,000%
_I_1
——w'
6
41%
::
Oct
30
20
V2 A
10
9%
9%
1,300 4
375 A"
2%
2%
33
•
O'okiep Copper Company
American
2%
33%
—100
new
United Filters B
Omar
'
*A:
common
preferred
Natural
Pomdexter
Oliver
50c
common
Co
7
X27%.
10%
Y::)l
6%
7%:
l'.r 3% ;:v :■ 3% : 3%tftra"'
: '• 1%
2%
__5
Scovlll
Segal
Brass
vy'!.-:
•J
Schiff
Apr
Seeman Bros
Ogden
7%
10 Va
y
1
commorn,-—y
—1—
Securities Corp General
Ouio
Range Since January 1
yLow
Jun
40
v
Shares
Low. High
32 Va. "
;
5
—1
Scullin
•
•
pref—-—r. 50
common————
Salt Dome Oil Co_
15 Va
"
conv
Regis-Paper
73% May
Oct
Dec
Corp
Class A $2
Jan
4 10814 July
100
—
21%
;;
Lawrence
St.
Oct
1
10,900.
for Week
'of Prices
May
63
•4"
'.'-iii 'r.i
Sales
Range
.
y
;=',■*■ ; 6214 May *
n'A, 12% Feb
314
:
'y;
Nov
Last
Sale Price
Samson
Northern Indiana Pub Serv 5%
Northern
!/
/
High
>.**
.
33% Nov
5
Texas Oil—i
Central
Low
.
3714
•;
38
Utility Securities——*U>he 4
American
Northern
High
Week's
^ Friday
,;vy;..:
New York Curb Exchange
Range Since January 1 '
.Shares
38
37%
•
common-.—!
B
Low
A
STOCKS
y.-,;
for Week
of Prices
20
ENDING DEC.
Rales
-
Range
,
Sale Price
V '•
.**• r:•'.«/?»
Class
"Week's
-
/Volume 164
: *"
Number 4553
THE COMMERCIAL & FINANCIAL CHRONICLE
NEW YORK CURB EXCHANGE
RANGE FOB WEEK. ENDING DEC. 20
■7"/;./
STOCKS
;
for Week
Shares
Par
Aircraft
Products
com
£010
...50c
Chemicals
•
common^-——
United
Corp warrants---——
«.
United Elastic .Corp—
United Gas Corp common——*.—
I—10
28%
7,400
28%
-■■%
'%•
-■
Low
6%
%
$3
participating
/■/;/41-///^
38%
41
16%
15%
16%
7
23% Nov
>
13,000
U
-
Peried
«
Amer.
United
32
60
Feb
27
26%
mm
mm
13% Sep
v
2,700
14,000
-
27%
'
20%
>:
-
.
..
■/
—.....—
A6%s (Dec 1 1941 coup).
May
•
Jan
Mar
——
Preferred
United
-
Specialties
'8
25
69
70%
25
46
46."
11%
13%
common———!
U S Foil Co class B—
1
U S Graphite common—
5
and International Securities.—*
300
A7»
(Aug
25
16%
3%
1,300
8,000
90
Power
5s——„
13
14 \
11%
1,300
3%
3%
3
200
r
Extended at 4%
Milwaukee
-
fan
7%
-
to.—
% Apr
preferred-..
Petroleum!——.
Venezuela Syndicate Inc_
5s
Gas
—..—1948
Utility Corp—
Watch
w
3%
700
4%
10%
12%
6%
2%
•9%
9
9
Corp
.•"mm
20
Westmoreland Inc—.
.
(R C)
Wilson Brothers
5Q
(Can)
4%s B—...
46%
43
13%
13%
17%
20
19%
17%
19%
8:
.
%
:y
13
Nov
/','^825^
1st
Vtoodall Industries
;
Sep
Oct
24
:
f 55
'
?
6 %. preference _——...
—_£l
Wright Hargreaves Ltd
•
77/^■" 77 '7//7Z 7'7
33
300
13%:
120
.
3A
.
Last
Period
7,500
Sale Price
low
Assoc T & T deb 5%s
A
—1955
Atlantic City Electric 3%s
Bell Telephone of Canada—
1st M 5s series B—
1964
3-D
;
J-J
A-0
•
J-J
"
MS
.Bid ft Asked
112
.11%
1021%
109% 109%
—
%
"> $119
103%
/
—
122
102% 103%
*
! 103
■
—..
~
,16
107%
101%
103%
$9%
A-O
A-O
-103 ;
,108
J-J
:#f8%
10%
108
F-A
108%
106
47
109%
108%
76
104% 109 >A
103-
102
76
♦
106%
76
91
J-D
1959
$107
108
105%
108
J-J
$107
107%
106%
109
104
107
MS
$104% 105 y8
-i
107%
107% 107%
103% 104
-
.
105% 108
101%
-
103%
$107
7
104-
o
,
100%
7
108%
10'
99%
,105
J-D
104% 104%
103
Debenture 5s——..———.——1958
104
103% 107%
104
$108
r
101%
;
108
108%
;99
78
—
100% 102
A-O
90
92
106%
436
40
107
106
Power
cons
>
A-O
35%
-
32
.
35%
106
48*
110
-
,1959
5%s—
103
103
.
103'A
.103
106/4
104%
$104% 104%
109%
&
•
-
111% 111*%
111
116
■
^
,
———1954
debs—.
income
66%
1964
—
66 %
$109.
„
66 %
58%
110%
1960
__
106
}& 116
116
."'v:
102%
-
V
■■
91%
107% 110%
J106
2030
—
BONDS
110
67
86
67
86
50
58%
104%
109
M*.
'
*
10?vTl04~
Agricultural Mortgage Bank (Col)—
A 20-year 7s _——
April 1946
A20iyear 7s
-Jan 1947
Bogota (see Mortgage Bank of)
ACauca Valley 7s—
—*—..1948
Danish 5% s
————1955
103% 103%
1031/8
105
21
Z
—
21
21
91
91
99%
88%
88%
97,%'
27
32
20%
23%
30%
36 '
25
16
(Peru)
31%
91
$10
City
High
-
88%
——■—1953
5s
—
$12--
1 07%
109%
105:
$76%
.
Bange Since
January 1
Low
,
$76%
Danzig Port & Waterways—
AExternai 6%s stamped ——1952/
73
A-0
High
A Lima
?
107%
104%
A-O
Friday /./.."Week's Bang*
Last///', or Friday's /" Bonds
Bid ft Asked
Sold
—
112
102% 1027/8
*
8ale Pries
LOW
110%
103%
101%
105%
Interest
Exchange
York* Cnrb
Period /
Extended
Debenture 5s»—————1969
109
J-J
98
106
New
108%
F-A
105
108
1970
J Conv deb 5s——*—.———1950
106% 106%
102% 106%
Boston Edison 2 %s
83%
108 '/a
A-0
104%
115
57%
105%
Foreign Governments & Municipalities
1?0
104
99% 99%
106'/* 107%
104% 104%
A5s
110%
MS
MS
J-D
124
31
110
MS
A-0
J-J
111%
118
*-//'■
111%
MS
126
..1951
3s.—.1965
104%
106
1'^————..1954
107%
120
30%
48
104% 107%
High
--
111% 111%
(A Chicago Rys 5s ctfs (part pald).1927
103
120
J-J
January 1
,
110
Cities Service 5s.————...Jan 1966
108
120
Bangs Sines
Sold
106% 106 V2
81%
$104
MS
WesternfsNewspaper,Union—
^s^onv s f debentures—-^u--^-1959
Bonds
172%
A-0
—.—1989
..*—.1950
West Perm Electric 5s-West Perin Traction 5s—
Feb
A-0
J-J
155
1952
Wash Water Power 3%s
Felj
6%
,,
2% Oct
,107"%
J-D
M-N
(Calif)-*
/
.—.——1971
:
Waldorf-Astoria Hotel—
17% Mar
AT-N
A5%S
105 y«
'
J-J
Light Co—
\;-.
Debenture 6s series A—J2022
Apr
..—1962
(Acentral States Electric 5s—1948
106
3y4S—.1970
Gas
mtge 3s——
Utah
Jan
17%
Bickford's Inc 6%s
1957
105%
106
$102% 103
.
'
6s series O————1960
101%
M-A
Jun
:
.'r-Feb-i
California
1st lien ft
Apr:
Dec
tow
$101
*-•-'
.
M-S
108%
105
103% 104%
United Light ft Railways (Maine)—
6s series A
-1952
May
Dec
11% Oct
High
—
'
101%*
100%
—
.—1952
A—.—.—
/United Light ft Power Co—
Jun
.
Week's Bang#
or Friday's
Interest
6s——1961
Appalachian Elec Power 3%S——1970
Appalachian Power deb 6s—..—..2024
Associated Electric 4%s
—....1953
101%
97%
102%
103%
...
F-A
Jun
31
20
8% Nov /
V10
Sep
•'*.'•••'
v,^
k
Amer Writing Paper
,;101%
r
97
....
I
—
Apr
15
5V2
1,200
Friday
Ezobange
97
Toledo Edison SViS.————1968
United Electric N J 4s
1949
v-VZ.7/^;:7
BONDS
103% ;!05%
105 V4
102
J-J
-
Jun
Sep
7% Dec
106
40O
11%
"2%
21|
,
10
6%
12-
13%
13%
5s
.
150
11
American deposit receipts
78
108%
..——..1946
Stinnes (Hugo) Industries—: ?
A7-4s 2nd Btamped
..—..1946
Jan
.
Dec
19
10%
12
55%
102
1
;
100
$106%
Jlf-N
A7-4s 3d stamped
29 r'-4 Jan
9% Sep
900
107
107
mm'--
Woodley Petroleum—
Woolworth (F W) Ltd—
Nev York Curb
'
Spalding (A G) 5s.—.
AStarrett Corp inc 5s.
Stinnes (Hugo) Corp—
Jun
.38*4-
17%
1,400
13
5%
Inc.
104
2
-v
99% 100
A-O
Southwestern Gas ft Elec 3y4S—-1970
24% Feb
16% NOV
V
series
Southern Counties Gas
Mar
49
,
13% Nov
100
;600v
8%
/./.Sl3^r
Wolverine Portland Cement—.
107
102%
1
M-N
perpetual certificates——.——,
Southern
a 40% Apr
32%
1,200
'
20%
7%
20
20
111 Vs
100**
99%
J-D
1
f
common*—.
preferred ww.
Winnipeg Elec common
Wisconsin P & L 4%% pfd.
57*
.102% 102%
J-D
r
Steel lno mtge 3s
Southern California Edison
Feb
14
19%/z ://fe:25,/:
•',
155
18
475
43%
5%
-'/.;--,/
.
115%
105%
16% Apr
.
Dec:
28 / Sep
26% Nov
150
32%
mm
Sep
May
114
31%
20
Wlllson Products Inc.
57
1
Af-N
.1970
—
Scullin
May
11% July
115
Apr
8% Nov
3,300
19%
'■
mm
1968
Ban Joaquin Lt ft Pwr 6s B—
7
Oct
,.
7
;
—
ft Co
4% Sep
2
112
115
Weyenberg Shoe Mfg..
Whitman (Wm) ft Co...
Wichita River Oil Corp
24% May
;
9% Jun
1,000
31%
—
Oct
V.
30.
■>
32%
3
103% 103%
.—.—1964
5%s
10% Mar
8
900
9%
115
4% Dec
/
4,250 /
.
—
5
112
—
Queens Borough Gas ft Electric—
Jun
Feb
114% Aug
a, 46% Aug
3,900
*
7%
8%
8%
Western Maryland Ry 7% 1st pfd—100
Western Tablet ft Stationery com
•
Williams
19%
30
100
4%
—•
Westmoreland Coal
Oct
Dec
150
35
2% /•
West Virginia Coal ft Coke
9% Feb
Dec
11%
400
14%
34%
7
Wentworth Manufacturing.
West Texas Utilities $6 preferred
3%
3%
13%
11
.
1971
—....
6%
110
Co
—
Public Service of New Jersey—
"
Ward Baking Co warrants.
Warner Aircraft Corp!.—.
55%
105%
109
114.
100
Sinking fund deb 4s—.—.——1949
;
Waltham
27
104%
j-j
,
Public Service Co^ of Colorado—
4%
4
J-D
redeemed).1948
lat mtge 3s—.—.
Power
.
1
MS
^
194T
1948
1st mtge 3%s
'1st mtge 3%s
eutia-'V'-:;
30%
106% 106%
'*:.r-
MS
deb' 5s——i.1950 /
3%S
Vogt Manufacturing.
Class B
A-O
-1967
Pacific Power ft Light 5s—1955:
Park Lexington 1st mtge 3s.——.1964
Pennsylvania Water ft Power 3%s.l964
Waitt & Bond class A—
30 VA
$104%
'
-1963
—
N Y State Elec ft Gas 3%s——1964
N Y ft Westchester Ltg 4s
.—..2004
</:.
^
mm
.
$112
England Power 3V4S
—.—1961
New England Power Assn 5s
—1948
Debenture 5%s———....1954
common——,
3%
60
98% 103%
85% 101 %
7
$101% 103%
—
Ohio Power
Winnipeg Elec common—.—.^1—
Wagner Baking voting trust" ctfs ext.
7% preferred—.
71
33
$110% 111
New
34% Aug
7% Jan
f;
—
Conv
Feb
.
:s 25
19% Sep
M
T-
-1970
New Eng Gas ft El Assn 5s*—.
Apr
28
:
Oct
*
Light 4 Vis
New Amsterdam
5S
;.
Gas
A5%s series A (90%
Venezuelan
99% 100%
87%
88
McCord Corp deb 4%s——
Midland Valley RR—
r
North Continental
convertible
63
30
Aug
27
4% Sep 7
5
60
32
v
mm
.
\r.
20% May
•1,8% May
Sep*
20
common—.—10
■■-■-
;
*2022
Kentucky Utilities 4s—
Vi
Feb
^0
■'
**
-1969
100
Dec":
22
10
"
100
-1966
7% Jan
Oct,
■
.
-1963
30% Jun"
17% Feb
-
Nov
-
,::..r~:zX
4-wZ
*
-1952
Kansas Power ft Light 3%s
65
29.
>
.
5
59%
32
.
36
65
28%
11
*
-1957
Altalian Superpower 6s—^
Apr
49% July
24"% Apr
Oct
r
Utah Power ft Light
$4
33
■.
33
-1952
84"%
Mar
>86
Insurance—u————..10
Valspar Corp
35
High
29
•
• '
.
-1952
.......
Kansas Electric Power 3%s..».
Kansas Gas Electric 6s—.—
2% Sep
550
;
88%
15
f
2%
.*—
36
-1957
coupon)—
12% Jan
Sep
16% Oct
250
2%
1st preferred with warrants.
„•
U S Radiator common
———1
U S Rubber Reclaiming
•
Universal Products Co
Utah-Idaho Sugar
1941
A7s.(July 1941 coupon)..—
9% Feb
10% Oct
1,100
22
$5
United Stores common*—.
Universal Consolidated Oil
$31
-1957
A7s series F——
Dec
Aug
4% Jan
,
Sep
Dec
46
1,625
15%
U S
Universal
67%
—10
——
—
Low.
294
Jan
1% Nov
900
1%
1%
25c
«10% preferred^
United Shoe Machinery common.
January I
No.
....
Oct
85
105
/
Jan
8%
284
,100
—
Bange fer
Sold
High
-1955
A 7s series
Apr
37% May
Debenture 6s—
Sharing—
,.v.
Bends
Bid ft Asked
..1959
AG%s series C
21%
•
Oct
47
95
r
'
'
dep: rets ord regis.-*——
Profit
Friday's
(International Power Sec—
Co Ltd—
United NJ RR ft Canal
Sale Price
or
Low
Interstate
United Molasses
Last
Oct
34% May
2% Jan
•
Sep
4
■
Week's Rattft
Friday
Interest
Exchange
*
v
f
preferred——,
Curb
*
250
r'v
York
High
8
5% Nov
100
•-
'
United Light ft- Railways
United Milk Products——..—
-'"'
""
BONDS
New
Range Since January 1
High
6
6%
,
United
'
'
Sales
Bange
of Prices/:
Friday
"-v>'
New York Curb Exchange
United
•
'
Week's
Last
Sale Price
'
s'
-
6%s stamped 1958
-
Maranhao stamped (Plan A)
Interest reduced-to 2y«S>*.—2008
AMedellin 7s
stamped .————1951
Mortgage Bank of Bogota—
.-7
r
/ A7s (issue of May 1927.)..—1947
/*
A 7s (issue of Oct. 1927)
——1947
AMortgage Bank of Chile 6s_——1931
Mortgage Bank of Denmark 5s—*1972
Parana stamped (Plan A)
v
Interest reduced to 2yaS.——2008
,
Consol Gas El Lt ft Pwr (Bait)—
1st ref mtge 3s ser
.
P.——1969
$107% i08%
1st ref mtge 2%s ser Q——1976
1st ref 2%s series R.———1981
Consolidated Gas (Bait City)—
Gen mtge 4%s—
1954
Delaware Lack ft Western RR—
Lackawanna of N J Division—
i.
1st mtge 4s ser A
—
v
—
103%
—
1
106-110
$103
102%
v
103%
103% 104%
-$118% 121
108%
306%
117
104
126
/!
1993
1st mtge 4s ser B———1993
Eastern Gas ft Fuel 3%s
L——1965
Elmlra Water Lt ft RR 5s——....1956
55%
M-S
102% 103%
MS
19
75
AGeneral Rayon Co 6s ser A——1948
$62
J-J
J-J
102% 107%
124
130
,75
75
92
!'/
—1950
Mountain Power 3%s——1963
Guantanamo ft Western 6s.———1958
104% 104%
Green
$106y2
■$65%
73
Hygrade Food 6s ser A—.—Jan 1949
viCs^serles B———————Jan 1949
Indiana; Service 5s————1950
•iqlsttllep ft ref 5s—
—1663
Indianapolis P ft L 3 %s———1970
$106%
—
60%
..
10
62%
103% 109%
104% 106
65
75
*No
par
value.
delivery! sale,
aDeferred
eOdd-lot sale, f Ex-distribution,
Ex-stock dividend,
Z'',
ABonds being
traded flat.
.
105% 110
(Reported in receivership.
$1041/4
105
$102%
102% 104
Abbreviations used
1041/a 104%
$106% 108
104
105%
tive; "conv/'
105%
108%
"wi," when issued; "w w," with warrants; "x w,"
106%
dEx-Interest,
nUnder-the-rule sale, r Cash sale, x Ex-dividend, y Ex-rlghts.
t The following cash sales are not included
in the year's range: Hammermill Paper Co.,
Nov. 27, at 27%; N. Y. Merchandising Co., Nov. 27, at 18%. :;:/;/.,; //::
$Friday's bid and asked prices# no sales being transacted during cttrrsnt week,v-,iwji ■
g
'
Grand Trunk West 4s—
41
J-D
A5%s
128
Finland Residential Mtge Bank—
5s stamped—
———......1961
27%
99%
37%
1921
53
90
ARusslan Government 6%s——..1919
24
81%
52
50%
20%
•
Rio de Janeiro stamped (Plan A)
Interest reduced to 2%——2012
MS
J-J
50%
>
SSaZ
-
/'/
Mf&noisA
.
above^'cod/' certificates of deposit^ "cons,"
convertible; "M,'' mortgage; "n-v," non-voting stock ; "v t c,"
without , warrants. ;
nsrH
consolidated;
voting - truets odrttfieite^
.
,
/ ;7.Tuio»i
•
THE COMMERCIAL & FINANCIAL CHRONICLE
3318
OTHER STOCK EXCHANGES
"-.ZZ-," RANGE FOR WEEK ENDING DEC.
"l
&XQCK&
ji
V. i
.
''Z;' v •-• Sal* Prlo*
■
Corporation
Trans"- C<i common
%.
.
'^.y.iZ,
Preferred vto,
•.»:
" 24..
,
I
20
"
Amsterdam Casualty^-.^—,„:,—2
North American Oil Co—,>,_„u_w#-25c
New
Western
■
•.«.
_..f
Guar—,»»*»*»—m —
National Bank——
20 •$,
PkJenr.v
^122^.
" 162..' 162'/a .%
162
40
;••■'
■!; /„• '(••' S/'Z:')' A."''*-':' Z '
6.75%, prior'Preferreti-^---,-^^-100
—
103 « '105
7% preferred
100
110
HQ
&
<"V
^
^
^
tt.,
*—
Oct"/-
;
-5
186
///
:<
.;/•; / ' fV-
•
...l/..-
*
r"
1
!
•
'•
•
■
*
'
.
.«i'"
—
(
iv 1"'
»■
i
\--—
///;; 102
104
«*"i v.
''
>,
*
r
-
Jah
'
*
~
1*'
'
^
,
s
■■m
."11'.1
g
1" ■
1 V
1
/
Piston
Ring
common
Convertible preferred •
Central. S w ptil common
Prior
"1
lien
_/
•
25
—
preferred-
ehloaao Corp
--East
Par
for Week
ef Prices
Sale Price
Shares
Lpli
Bange Since January 1
Big*
Low
.
High
3744 No*
19%.Mar.
American Agri ChemicaL Cq--a—:tf9% .41%.." *. 122
American Suga^ defining: (fpznmnn.^ 100
1(
43yft 46.7/a,
25a
American
Tei St Tel
IW
167 ;jt;' 166% 168%
••
2,944
.-'"Rights ———-yA.,—n.AinCT——**
-2^j2*iA , 13,983. ,
''
America*;' Woolgn
,....♦ -j. y 49%
48% 49%
* 474
AnysondA Coppey
>Li50
39% 40%.
369.
52% Jftn
58% Feb
159% Nov
/.;
'
v
8%
9%
72
74
7
59
,
92%
9%
9%
14%. Jun
27% May
95 Va May
Oct
140
;
21% Qct
,
28% Jun
65% May
Dec
76
200
Juiys;
17% May
Z:
Nov
69%
460
28%
211
:
% No v
; Jah'
8
Feb
124 % Feb
? Oct
19
90
87'/a
27%
P?b25
15 V8 May
Sep
6,650
91%
:
Nov
4WO<*
712
28%, /
May
Nov
160
-r
35A
•
Oct"
Jan
3 ft
Jan
41%
Jun
Z
20f
'Apr.
/
25 Va Jan
30 '
Apr
:
Club- Alum Products, Co common
Jun
9%
27%
Sep
500
' f?,
-
1%
110%
650<
21 %.
8
'
9%
"
9%
*
/Coleman (The) Co Inc—.——
Consolidated Biscuit,
/
5
Commonwealth Edison common—25
51% Feb
34% Oc#
.
«•>
• -
Corp common r
/_ n
6
Cities Service Co common—
——10
.
20'%
Q.%
■/
^
70% Jun
'
30Mi Jan
,
.
21%
Nov
6y»
350
I
&
Z ./ "51
May
'
20% Jun
f Nov
A [
7%
Eeb
May
13%
-
100
Z:
Oct
J#
Aug
22
"60
,-:
20% Nov
300
190%
' ,^7
10
Sep
10
1,100.
;
Z 30% July
10
Z;
4Q0
2,259
8%
189
-
^
—
Chrysler
2^% Dec
IjJj, Oc*fe
..
...
200%
common
Convertible preferred,■■- '
a
Chicago & Southern- Air UnftA ,»
Chicago Towel Co common capital-—*
/
.
Bange
2%.'
118
19ft
.
*
35%
v
.300
.
15;.
-
36
200'
<
.
118
rl.
Exchange
8
i
__
.
.
14.
g-'/a
,
50
11%
18%
2%
•
20% Jan
•■U% Nov
..
Feb
49% May,
'/
liVz Sep
650
49,
2y»
A
13/-
1
a,
not*
,
18
•
?5
.
1
.
550.
v
Dec
/; 15%' Deo
100.
8%. Jan-
•/•/14 %
Oct; *'
8.00
V.
'
■•/ 40
/^W:49
11
l^
«.
39
"
650/
lay^.'
.12
:
40
/
Preferred
,,,
'
^.^-,4';
►'
'V ;,'x
,
*;, |P^k;
■
"
Central; State* Pf &• Et .preferred—.*
Cherry Burrell Corp common
3
,'r
Boston Stock
19%
iay».:
16% .10%.
.
;
*
Central HI Seour Corjpt common.,—
r
s
.
IQ.
Corp—y-w~12%
Hdtle^ Brother^ comn[ion__^——IQ
/:;;":^v//>///;,;_f"•;/-;,//;;r:/': i-/:^^■ V//--///:'i:/
'./;
Dec
104
.1".
>'
■«
I
v
'„4.
2%
.BurtonrDixie
95^
'
150 /;, 99% Jan
Z
29
18%
20%. Jun
Z
6% Nov
.
Burd
;
9%. NOW
■
'
\Bruco Co (E LV commen_/i^„_i_/_ _5
■'• /•:•i'." " $
:'
$T
*
".
1'jj.i
-
t
"•.
l
'15%':;.j 15%
.
• •
,v..
Bliss. &-LaughIin Inc com (new)
Borg- (George WJ Corp.—
Bracb & Sons (EL J) eapitaL._T_
.
.
Z-*
$2,000
ry
""
Beidcn Mfg OpTcommon—
1Q
./ 18%
Binka - WE Cp eapltal^—————\:Af,
;
124 :/ 98% Ma,r- / :-106
Jw
8^105
Dec
_144%/Feb
99,%,
,,
h':-:
Bastian*
^j"""
■'
■■
//.Aviation
?»-. ■ 28
.V 140'{ 24% Nov-37
Jan
75c
75o
?150
■ 60c * Dec
1.30 Mar
V 45; /4ft%- a-i*- -245;—-40% Oct /% 54' ./ Apr
43
43'/a. /
26
42% Jen ^ , 45 , Mfcr
ZZ;v""'"/>Z'Z-' /
9Q%
Co 4/s"w*.t,^1973, ■■■;•
Mt Vernon-Woodbury Mills Inc—
-4% 20-yr debentures (subordinated)Transit
.pr
*
-/.Automatic
Aug
>■
;'«.
-
—
*60
•
Bond"—
Baltimore
•
^Atbey Prod"-x-
High.-A'
Z lift * Sep /?' 134
Feb
Z.xsoy* Nov Zz 199% May Z
;• lOVe Sep
icv;:..18% May Z;
Zr 2% Oct •'vsV/i 7%-Feh * -
•
21 = No*
31 % May
4% Feb /// 13%May
'
Low
■
;
.%;"/, Rfoh ;
.torn
.
*
.
,
J.0^
Fidelity* & Deposit Co_l
Fidelity: & Guarantee Firet
Mt Vei'npn-Woodbury Milts",.'
rt
F*Way
Week'*:-// Sale* \A Z/'/'ZZZ//';6' z/'Zi/v :z;/;Z/Z-./
lMi .V'.'/r.Wange.:;';. foe Week
s.>;zC-\Z/.;:;:Z
fialcFrieA
elFfice*
Share*
; Range Slnoe Jannary 1
z
Ranga Since JjuwJ It
Share*
25
10
V'9%
~
*
V^'V^k>X\^L0w. HigXt
v"""v
$ 1 24%
^t<j—9%
—•
„
11
»
for Week
far
;
..
Arundel
/*' v
,
Z Sales
Week's
{tunfi
of Fries*
East
.
'i
f
Z'W®4nesday
-
•
.
.
' p V ineft?||lil|ll
"■
a
20 ;
Monday, December 23, 1946
2%
33%
21%
11%
15%
37
-
34
100
-
37
774zJa». **
Qc^zz
300 "
34
1,700
29V» Sep
"
f
oommnn
,|8%
650
I5.%i NOW '
25.
Jan
50
May
'
—*
Boston & Albany RR——-10u
Boston.' Edison y,
M
Boston Elevated Ry— .1,i.11vr„T-;T!>.»y^00
Bird & Son Inc~—
16%
18%.
132% 134%
47% 48%-
—
133%
48 %,
*
.--:.■ ■„ —-
"73-,-
72
■
125
13.
263
120
2,410
•
Mai^
Co' com pair eh. vtc a!
l*
Curtis Lighting Inc common—i—_2%
Dodge Mfg Corp common new——10
0 Domestic Credit Corp class A—/—1
Consumers
25% May
150 - * Apr
55
July
Oct
44
*Z3
-
'.,..250,'
.
Sepi
De©
•
86%May
v/-
•„
Boston
HeraidL
Boston
&
Common
7*
Traveler Cpxe---«»«r~*
preiejrrea-
,
.
class
C stfamped——100
Boston
Boston
Cities
6%
6%
&
preferred-__——-J1100
.v-r;
400i
9
/
23
234
34
Sej>
20% May
General
126
30
Nov
78-
Apr
12% Feb
General Finance Corp
28%,*
249,
42..,
Jun
Gibson RefrigprAtor Cn comtnon-^^-E
\%
§Q„
3
31
x'.
6% Oct
22
X
25,
Oct.
.
Hathaway-Baking common.
——1
International Button Hole. Macb, Co-10
Isle Royale Copper_J
15
Kennecutt Copper
W.T,^.WV.__*'
4% Oct
15
"
145
Jun
Sep
47
Apr
35%
37%
2*116
35%
33%,
1,Q05
V
t,
^
'
J.
15
41.58 Nov
common———100
6%
23
46;
41
Hein
Jan
Feb
5% preferred
———100
30
Mergenthaler Linotype ———51%
| 29%
51%
1
Nash-Kelvinator
^,M1J
IT%
,
National Serviee C0—r,——rrt—.
17%
14%
414
-'V
»-
..
.
47,4
-
England Gas, & Eleo Assnrr8%preferred1—10ft/
& Tel^..^.,-—^-100
118%
North
Old
-2-50
Mining—
Butte
Colony
Pacific Mills common
725
_____
——
3%
49
216
Folding Machine—-r>>r__—lQ
Rutland RR 1°/o preferred,,—w—100
700
-
Nov
■
■*
,
;('«*
Warrants
' v
'
k Jim
Feb
30
15
Shawmnt Assn
•
Inc
Stone & Webster
Jaa
Fruit
Unlted-Rexall
16%
•
-
5
Co
36%
• /
lt%
,36%
41%.
'
'
41
llo
255
2
15
36,%
75
41%, Ocb
69
70
1,125.
67'
U; S Smelting Ref & Min common—50
43,%
49.%
18%
18%
49%
•
*
(S D). Co
Weatinghouse Electric Corp
12%
—
.
..
63
25%
63.
24%
,
"
63%,
26
.
49 Va
Nov
240
..
Dec
41% Qcfe
69
-Jan
10%
jr.
10%
30'
18%
250
200
17,%, Ant
100
16%
71
22;
20
71%
17%
11%
9
• ?.■.*•
'
'■! J
9
Sale Price
p*r
(J D)
Admiral
Corp
Mfg
....
f
'9%,
l«A
footnotes
see
page
%
3325.,
Share*
.
')
[ I
53%
/«XvV
T-V
common——-—*
'
z
f'
17 '
/
common,.*—
.
,
*'y
8%
—
64% /
39%
• /, —
Northwest Util; 7% pfd———-100
.. 160
Nunn E-iish Shpe comm0n-^.r.-.m<;».2%i.. . -w*
Bancorp
55'%
7%
Oak
common——————...1/
Mfg
6%, preferred/
Pennsylvania RR
Potter
common-————10.
a«*
(The)
Co
Packing
Colo
58% May
>
VT
23% July
15% Mar
Sep
55% Noy
*6
Sepz;
57% July
11% May
45
Oct
51%
10
Nov
>
•700,
;
15 Vb
11%; Mar
150
13
3,900
.
„
fr't'i/
'
"300
9
6%
300.
400.
2.0.
.
50
,
_
commomt/,—/—
29%
ti
100;
50,
Jan
33
184
May
,49
/
Sears, Roebuck. & Co capltaJL——• Z
Jun
l\:
Ma?
Sep
'
66
21% Nov
'
39%
Feb
29/Va Jun
/■■
14
Den
60
May
10
May.
100.
1,400. Z
:
600
Sep
Qcii l
25.
;./•
May.
.47% Feb
127;
: 9%, Feb
4% OC0
32% Sep.
.
70
25
-
/
Sep
4iO»%.;Aug
33 %. Jan
■*
24%. Jan
zr-'/*
Schwltzen Crummins
83:s4 Feb
23%
May
103?
6,%* Oct,
220
ioo,
14%, Oct
18
May
53%. Dec
8" Jun
Jan
Deo.
38
.
6,700/
z:
;
57% Nov/
X37%, Dec
34
Dea
i30
Oct,
lft* - Sep?
6,750,
Z
57% Apr
30'V4, Dec
,
.
Apr
34%, May
.
150
t
Jan*
.
2,950
1,000
Jun
35% May
38% Apr
.
30% Noy
20.. Aprjr
15.
Sep,
5% Jan
14%* Sep,
45k
Sep /
.
200 /
8,000. ?■;
230...
64%
39%,
23% 23;%.
160, 160i
2%.
Jun'
Oct
9
2,700
t
common
Qf
Rath
8%
105
26%
May
21%. May
Dec
0/
14
80
7%
8,%,
39.
39/
7%
8%
lOQr
105?
26% 2.7,%,
•
5%.
0%,
.35% 35.%,
29%, 30
—
,
——^—100
capital————50
53% Aug
30
:
Nov
50
,
61%
38'
J2t,
8
Parker Pen Co, (The) common new—25
Peabody Coal Co class B com-——
®
.V
44% Jan
26% July
1,000
46%
19%
—
capital—1.
Iff' "
"T®
—
.
38% Z 3T%
/ 9
Z/i 9i
27% // 27 l2'/2
'lb%
Serrick Corp class B commonu—.——1
Shellmar Prod Corp common————1•
Sigpode Steel Strap Co com. (new)/—•
Sinclair Oil Corp
•
Jan
Spiegel
Inc
15%
1
Z
15%
—
Works, cap (new)—5"»
———
5/ZZ 17%
>_
common
t
St Louis
,
Nat Stockyards cap—"/^Z
Dredging pfd—,—~—20,. , —
Common
t—————1/ 4
/
i Standard
1
Standard Forgtngs common
Range Since January 1,
LOW
20 "
300
6%
9%
18% 19.%
300
17;
53;%.
^
21
800
16%
52
1
t
1
25% May
6^"Jan.,
.
700
107/8
Northwest
Sale*
9%
9%
19%
T%
9%
,
11%
.
|:*1Q% Jun|
octt
',k %1,
15
33%
30%/;
22
11%,
A! •.
Co
27.% Feb
Z 200
38%/
9%,
28%
12% '
2,100 :
11
Sep,
10%
/
.
^ 4i
10%
" 300
8;
SOP.
1,500
244
-L200.
10
.
800
/:
300;.
i..:
..
Ocb,
•/
7;% Deo-
11% Aug
25%; Sep,
700
/
20%, Jan
Z 2a% Jan
Oct
15.
500
;/
.
59% Aug
39%
14%, Nov,
Apr.
120,
Oct
45
Jan
19% Oct
28;
Feb
700
>
~
30
200
4%..
10%,
Va/ Apr
12'% Jan
37% July
Oct;
15%
7%
7%
28% 30/ /
lTi-'-z lTViZ
31% 31V2
20204
49
35%, Deo-
Z
3.% Nov?
8% Feb
ioo;
9% Deo
17;%tMhr
(or Week
15%
-
6
Aetna, Ball Bearing common
•
'Med Laboratories Qammon_^___^__*
/M
For
9
y,
33%
29%
]"
Jun
75/
'
vtcu—
Jun
33% Aug
Sep.,
Jam,.
13,
100
33%.
30%
22.
-iw
79%. Am*
■
16%, Oct
-
HiQfr
15%
common
Advanced Alum Castings___
V
v
lotp
common
9
'
T%
14
^
Adams
■
20
480
25
7
22
14 y;
"550
17/V"
15
26
"
Jan,
18% Oct
500.
24
Chemical
38,
26 V* Aug
.
5%, Sep
"200
22,%
,21
—
.—5
common
12% Aug
Dec
15.%, Nov
300
26
v"*"
Jun
Chicago Stock Exchange
Week't
6.'%
17,%
2T.TZ
n
preferred—*
dSoclety Brand Clothes common—
Range
ef. Price*.
6%
16%
26"%
10% I
Inc
T
55 % Jan.
100
-100.
21%
Hart
17.
50
16
<fe
9% Sep
"
49%-May
•
Mar
"
—
—50
pfd
cum
cumulative
/ South Bend .Lathe
East
17% NOV
18
21
Monroe
;;
Friday
NOV
'
41
/^ 1,036
Dec
21%
28,
1ft
21%
Co
ft*/
Dam
46-
7,1
25,%, Jan
2.5>5/^ Jan
14
9%
18% Nfey
'
.
30Vi. Jun
1,950
.
Montgomery Ward & Co
*
National Standard common———10
52% Jun
9.% Nov
29<
525
55,'/a
4
48
'
15
17t"%
K(
Public Service
3,342
5.00
42;%s Apr
' 17%
lfti/a Feb
Oct
69%
^_.28
Inc__
37
Apr
23%, Apr
May
51%
11%,
46
Waldorf System
34
275
*
6%. preferre«t——,—w—25
^
40
U, S Rubber —_—58%
Warren
"
prior preferred—T—10^
MO,dip® Mfg common——^,—^—/—*
3% Feb
.
14%, Jan
,
16.
55%
6y«
46
Miller
17%, Jhn
XVk Ocfe
14% Qcfc-
581
Quit,
•
—1
Mickelberry's Food Prod common^
0.%, Feb
■
5,
24%; Jan,
r'
50%. Nov.
—2!
^
lTv;.
/Middle West Corp capital
47% Apr
47%; Feb
1%, Oct'.
'A, Oct
50
16%
16
Oct
Oct
-48r
100
hlndsay Light. ^ Chemical com.
Aug
14%.Mar.
650
200
%
45
29%
7%
1,300
400'
Libby McNeil So Libby commoOf.w.»^—7.
Lincoln Printing Co common—!
.
2% Feb
24%, Oct'
2% Sep.
8.0ft
49,
500
_w
Leath &
Mar
142
Jan
49%
11%
51%
% Jon
16% Feb
79%, Feb
20QZ
-
8%
250
27
/ ' *\ •'
'
J >ri*—'*•
' J %\
r
Stores Inc common——1
t
Brown
Kentucky Util
Apr
132-
2% Oct
11%
Drug Inc,^-^—5
United Shoe Mach common
730
2,606:
'
15%
%
18
15%
—
•
—
Torrington Co.
Union Twist Drill-—..
United
%
68
Dec
Dec
17%
* 17,%
— —^
LeSalle Ext Univ common-
1% Jan
•
116% Oct
1,400
3-%
.
Nov-
51,%"
18%"/
Kellogg Switchboard common————*
25% Jan
Oct
76
240
27%
.
Aug
10
55,%
Interstate Power $6 pfdL—■" ' 24
14% Mar
56% Jan
79"% Apr
Nov
3*5c
456
31%
26
^
52
17%
__
._l00
Indep, Pneum Tool. (npw)_^.^
Indiana Steel, ??od
60Va<-Apr
22%
15% Nov
13% Qcfc
610
31
2%
Reece.
37,% Apt
21%
.
lft!
Illinois Central RR common
22%, July
4% Feb
4% Sep
28% Sep
425
4
26%
——
300
54%
—
'
90
18
15%
47c
31%
.
3%
17%
$1
.
Feb
1,7%
1
XUlrioh, Brick on caphal
11
Dec
6.5
95
106
118% 120 .
lv%
1%
—
*
Pennsylvania RR ——
.50
Quincy Mining,.Co
,,.^--n.^w..-25
Reece Corp
!%
—108
RR—
Feb
27
300
:
55%
Marshall Field 6k Co common———.*1
'-
18.
13.%
Sen,
5.3fl0
.
New
New England Tei
9% May
■Z$%Maw
700
31% ^
Farts-*^,^
*2ft.
Hibb Spencer Bartlett common.'—.—23,
?
Houdaillp-Hershey 'common
^ .
Hupp, Qorp common^—-^,2 " Z, J:
:
Narragansett Rao'? Assn. Inc—
150
450
30%
"Id;
Motor
51%, Feb
Sep,
15
Werner
42%. Apr
9% Den
17 ' ' Oct/
2% Nov
10
6%
30
52%
5*%
|
May
9,%
54%
0%,;'
31%
Corp common-,
10
Heileman Brewing Co G capital——-!
52.15 May
Aug£
33% Dec
22% Jam
275
-
Hammond Instrument Co common
Katz Drug Co common
Maine Central RR
Aug
34
3ft%, Apr
10%
52%
,'7
-
Z ; Harnischfeger
-
118
100.
50%;
23
''
.
41% Apr
70% May
3%
15
...
♦
28
Sep.
21% Oct
51% Nov
16;
163,
45,
3%
497/s
k-
•"
765
50
207
363
9%
19%..
9%
19.%
/
111
Jain
Jan
2tX
0« „'rv;'V,
39
32%
58%
43.80 44.01
9%
120,
115
21.
,
48% Jan
13t- Noy18%. Oct
3,350
400
13%
* 51%
8%
*
..—t *
common
Gillette; Safety Razor common—
^
Goldblalt Broa, Inn common^.—^
Goodyear Tire dj; Rubber com——5
Gossard Co (H W). common—^
*•
Great,E*kes Q. to. D common,
n,^
8% Apr
96% Dec,
Amer/Transp, conimom——>
General Motorn Corp common—.—,10
94%,May
75
31%
,m^
Epp,
145
36%
—•
53/
110
20%
39
30%
53%
—
Boston Theatres—
65%
\ » a«\
^
30
'
Feb
5j>
96,% 98
130
132
31
31
•
—«
Jun
8% Feb
30
32%
101
Feb
16%
Dee
,
19,% '
9V«
Z 12%
13
13%
10
8%
:.'■■• 5
—
' 1.9 %
Dec
3
.
"
10%
yk
16%
,
Qfllette Safety Razor Cow-
;
;
97
18,%
& Connell
Dredge &
common^---—9%
Inc:
8
*11% Oct
1,750
15%
19 %
FdX (Feter) Brewing, common.
Jan
,
*\
Co
Mills of America
Four-Wheel Drive Auto
Jan
25-
Simons
Dock
Flour
*
,
—
——
Fitz
/:
Jan
3%
97
-
Feb
50
350
v J-•
.
.1%
33%,
65%
" ' 65%
common———1
Exectric
21-
22% Jan
/Nov-
8
Jan
20% Jan
/
Nov.
.
6% Dea '
20k
*
91
8
12%
3%
18%
1%
21
Employer^ Group Assoc^_^^^——
Engineers Public Service-——
1
First
Nationai Stores-f.-^-—57%
General Capital Corp
1
44.01
Loews*
6,%
7
10% Feb
.
■
A-
W
"10
12%
3% ?
•
*
8
__
--
-y.'-1
-
-,:
27/%
——
1st pfd series A
,^-,—-^,-^100
preferred B_.
————100
preferred adjustment
—100
General
20.
*
Associates—
Gas
SS Lines lnc
7%-
7%
__
prior
Eastern
1,156.
100/
1,350.'
v, V
16%
Eastern Mass i^treet Ry-r«
■
Common ——100
5%
ft%
4% Oct,
35,
Dec
5
Nov
6^% Nov^
jv'V.v-'-;-.-
Eddy Paper Corp (The)——
Electric Household Util rnrP.n'„
Elgin Nat Watch Cn new cpmr
Jun
45
33
7%
n
Fuel
405r
5%
9
.33
Mining
Eastern
6%%
34% Nov
20,
6.%
7%
6%
—
Calumet & Hecla.——.—
Cljff
6%
—
Personal Prop Trust
& Providence RR-——,^-100
5
Service .jjn
.i,,"^
5%
5%
—
.
class D .1st pfd sjampedi—100i
10%
80
36%
40
class B 1st
7%
;
^-npAuv
.
100
————.^,100
pfd stamped100
Stamped
8%
37.
5%
—
class A 1st preferred—
5%
>
100
stamped
prior
37;
RR—
Maine
/
•
850.
-
400
000"
15% Dec
9
Dec
5%, Dec
8% Sep,
17
Sep,
/
Standard Oil of Ind capital—
10;
20% July
20% Feb
Sunbeam
16%,
100.
14/
19/.
1.9?
100
18% Dep
400/
37/
Ocfe
18%
Feb
common..—29%,
Sundstrand Machine Tool common—5,. 21
10-Va 21.
..
Feb
Swift
14%
Feb
Swift- Itetnational Co Ltd—«.
Ctfs.
&
Co
of
capital
dep,
33%
stock————r~25
*
/
33 Va
1,600
37% Feb.
49% May
•"
Corp.
20%
25% May
40%.
16%
41%.'
16%
19
41%
.
Stewart-Warner* Corp common.——5
■'i. Sfeorklino Furniture common.
——10>
v
BiqK
34V*
1,650"
-
26;V4i Jun
Octfc
800
31
100
27.V85 Dec-
38
45,
Jun,
-July
34% July
A
Sep
41'
' Feb
•
.
1.
—
27%, 27%.
r
■ •
271% Dec
3319
LTHE COMMERCIAL & FINANCIAL CHRONICLE
Number 4553
Volume 164
V:,,z.rn■ ■.;jmr':o airr
to
vC/i
OTHER STOCK EXCHANGES
,
DEC. 20
RANGE FOR WEEK ENDING
?
;
"
Friday
STOCKS
Shares
Low
Sigh
High
,
200
D S
Co
(The)
50%
n
51%.
71%
■
27
■WX-
Sep,,;
Y,;: 21
4,600
24%
27
common.-————2
South La SaUg Street Corp com—"
'
" '
•J
Steel oommoh^-.
Trane
'740
May >
.61% May Y
40.
47% Oct
"
'"5%
600
Qpt.
9.7% Feb
,
■'
•••;
Par.
Mach
;
.
.—5:/
9°
10
101
Nov
2,150
12
•
>
11%,
10
11%
600
17%
Jan
Grief
,
Bros
Cooperage A
Alleghany
Corp
Rolling
Anaconda
Copper
39%
—so
Ry com,,
Y"
500
:
700
y
-
100
40%
'
Oct
Oct
104
42
110
Certain-teed Products
11%
:
lovi
-i
6
Curtlss-Wright
^13% May !
8%
Oct1
300
10%
Nov
l,30p
5%
v
6%V
20 y8
12
Oct,'
i
Oct
%
Electric
Qraham»Paige
:
•
II
Motors—-^—
Iron
Corp cQipmon^—Uacleda pas Light,——\
'
-
North American Co
no
18%
•
-600
.
•
200
14 %Y 15.%
v
r
19 y0
307/»
30%
35
-
24% Sep
40090ft
6%,.
6%
6%'
Oct
28%
'30ft:
10% May:
Deo
11%
1,000
•
,
'
32
Oct
Aug
38. ' Aug
•
21%
Sep
37% July
54
20ftH
Y
Deo
67
—
"
'■
'
V.'-Y
/.•...
,
Radio Corp of
America
^
v
'•'■"•'X
"
9% ;
.
15%
Radio-Kelth-Orpheum
Vacuum
700
27%
.
9%*
15% ;
28%
14%
14%*
67%
68
20%
9
*
fX
—
——50
(Un)——
*
(Un)—'
—*
X,
—1
'
*•
'
wi5
;
»-s-i
>
'
,
,
-
Youngstown Sheet- & Tube———*,
Youngstown Steel Poo?,- (Un)^.-———•.
:•*
^
:
Dec
.Jun
Oct'
32
20%
Feb
45%
Dec
Mar
Feb
35 V4 Aug
10% Oct
500
17%
Jan
NOV
17 3A
Feb
Oct
54
8
1,120
701
39%
-
6%
v
Nov.,
3
125
2,768
Oct
Dec
8.
Dec
.
8%
Apr
Dec
157/a July
90
13%
Oct
35%
33
30
Nov
39% July
19%
Feb
29% May
25
Sep
47%
9
Nov
19
10
241
>
82
Y 51';
,
Jan
Feb
Jan
375
24%. Oct
40% Feb
633
.
49 Va
63
Sep
25
13% Nov
387..
20% Mar
30
97% Feb
20 Va
34%
Nov
Feb
Jan
44
21% Nov
105
*
24% May
July
'
m60
■
Jun
65% Oot
77
106
57% Sep
'
a67% &68%t:.
a!8% 818%
—
>
May
15
54
26
;
100
*
51
Sep
10%
50
233
211/*,
' "
Jan
11 Ya Mar
298
•
>
a25%.831
.
v
31
36
*
'
54%
21JA
*
a31
X \
'
'
Jan
Nov
a7l% a72%
S Steel common (Un)———,
Pom Iron Works—*
—•
Vi(h|te Motor '
78
15
25
r,jal4.ya 14Vs
23% 23 %,
-■*►'.
Jun
Dec
Dec
83
10
53 Va
54%
—
——
39
Sep
70
100
a9%, a9Va.
27% 27%
—
Apr Y
32% May f:,;;
12
a27% 27%
'
—•
Apr
77
Nov
,
27
52
a32% a33V4
23%'' 23%;
(Un)-—————.:••.
Oct
21
72
- v
:: : al8%,al9
—
50 V*
200
4%
3%
10
10
Seiberling Rubber — „i.—
—'• '
Standard. Oil of Ohio common—-—10:
U
4%. ,.V
>
*
—
25
755
•Y/'Yi'''
88%
'
15
6Q,
83% Mar
Jan
NOV
31
8%
15%" Oct
25
Oot
78% May
13%
300
WattiNG» Xerchen a Co,
18% Jun
3%Feb
1;400
;
;
Apr
28
40% July
Oct"
•
Jan
,19
Nov
900
11 y8
Members
22% Mays
Oct
18%
'Y-;
Oct
~
Studsbaker
Jun
59% Nov
28% May
Feb
.
r;
200
21%
8%
•
Oil Co Inc
Standard Brands commonStandard oil of N J—
Standard Steel Spring.
Corp common
Sunfay Oil Corp.
20
60ft
Feb
60
*•
•
■
-V- >.4H'
common
Republic $tee) Corp common.
Socony
Jan
1
A
(Un)»-—^
Van
x
i.*-'
Y 11%
13%
2%
:13%<
33
v34 ■:
34 • ••: ;
Paramount Pictures Ipo new com--—11
Y
20% 26%
Pepsi-Cola Co——————33 % v >26%; \
Pullman Incorporated
•
23.
24%
Pprs Oil Co (Thai common—
• •
I*.'
Apr
Oil
Republio Steel
Ricliman Bros
.
37
Nov.
v>'
> ;
54
8
Radio Corp of America
Jan
44
•25% Jan
•i4;.:;-ocf
51
54
Pennsylvania RR (Un)-—
8% May
,13% Oct
i.
B_„_-
Brass
Ohio
^
Jun
20'% Peb
32% Sep
15
19
w>,..
Amer Airways Corp,
10% Nov
-<
-1Y
„5 '
Pap
ioo
13 Va
32%
25
70
-»
'
10
Mfg
Nestle LeMur class
'51% Feh
Nov
.
=5% Oct
:''.5%;;opt;
hfi'4, ftpmmon.,..
Nash^Kelvlnator ' Corp.—
—
New York Central RR capital———.
16% Apr
.7% l>ec.
34
1,300
-
u
Martin (Olefin
Motorv|?a)r^,w,,l,;
.700
1,300
7%
8%
8%,
36%: $35% 37;:-.:
5%- €
mW,
11% ; 11% •
-1
Co—
&
Tile
National
Ohio
Parnsworth Television Ac Radio,
Jan
—
"
——"
Cement—
K f Central RR
Feb
80%
'■••••
a41% a42%
all% ll7/a
33
33
" 35
35
Jl% 12%
9%,.,
8%* 9%
Metropolitan Paving Brick new com—4
25% July
Oct
,
—
*
Steamship
Portland
Medusa
s
Oct
•15%
1,200
12 -
Y; 10%vl0%.
jJan
*
100.
20% .20%.
.
Columbia pas & ElectricContinental Motors
Packard"
—
%i.
———
Jaeger Machine
KelJey Island Lime As Trant.
Lamson & Sessions
Jan
.106.
-
''
20 %
Interlake
Aug
;:5i% Feb.
..
Jan
9^% Jan
-»
Bethlehem Steel ■Gqjrp cmnmoft,.,,„
Feb.
23
•*
% 35% Oct
100
,
Rayon (Un)
Interlake Iron (Un)
7% Apr;
3% Octj.
13%
29%
10
Mining
4%;
•
.is'A .16
Y.
16
St San com——*
Mill——
Atcfc Top & Santa, Fg
4-
4%
1
—
—
American Radiator. &
American
Web
47%
''
34
14%
34
14%
—
*
1-
Industrial
Interlace
*
—
Stacks—
Unlisted
General
70
14%
•
—•
——
Harbauer Co
'
'. l;
,__100
common
—JOQ
Bros
Halle
..
.13% May
•
Y 7 V, Oct. -1;
_
K9 '
183
a6314 a63%
a537/a a53%
21 j 21%
27'% 27'A
70
70
14
• 14%
—
—
Preferred
Jan
19
8% Nov
.
950
-
Sep, '
106%
Sep Y
•
High
3^%
Sep
Deb
15% May ;
327
<•. a35% a35%
—
common
Gray Drug Stores
Great Lakes Towing
May:
48
F)
(B
Goodyear Tire & Rubber common
!.39% Jan
Oct ;
-.
Jan
52
,
-22
750
-Y
10%
.——5
cap—
19% Noy
Y"; 21V* Nov ?■ Y
1,100
Y
22%
101
101
12%
13%
22%
13
-
26 Va
'
22%;
.■—*
common——•
Woodall Indust common-,-———2
Wtppnnsln. Banksnares
Yates-Amer
25
25%
vv.esmighousfc Elec Ac Mfg com_-__121/2
Wieboldt Stores Inc common.^..—'
Cumulative prior preferred—
20%
20%
common-—,,.,m,.-100
Western, Union Tel
Goodrich
Low
10%
•
General Tire As Rubber
Range Slnee Jannary 1
,
235
.
v
X:
Shares
12% 12%
aSS'/a a37%
a51% a54
Co
-
30
for Week
Hloh
Low
.
(Un)--———1.1..
General Electric (Unj,—,m
*—
General Motors
-10
; v
Gabridl
Sale*
Week's
Range
ef Prices
Bale Prlee
Range Slnee January 1
•
Low
Par
"
Last-
for Week
Range
of Prices
Sal* Price
Y Friday
STOCKS
Sales
Week's
;•
-V East
21%
—
:
3%
United
500
3,900
-
iiy4
14%'
New York Stock Exchange
May
Sep
New- Yerk Curb Associate
Chicago Stock Exchange
.
Detroit Stock Exchange
'J?,'/:;,;vYy:':Y;Y'YSYYV::Y'Y''Y;-
6% May;
86%
Jan.
12%
300
•
14
3% Oct
80ft
4
38% May
'
7%-OCfc:
66%
50
*•
U S Rubber Co common
wnson. Ac .Co common
:
•
-v' Y";..,;
DETROflf
4
fold BuHding
Apr
20% July
•
Telephone: Randolph 5538;
I.—"
■
""
Cincinnati Stock Exchange
Friday
STOCKS
,V
Sale Priee
31%
Brummell
Cinn N Orl & Tex ?ac
preferred
107%
12Q.
10Q
Jan
13'A May
Jun
25
Dec
tm^?:;yYY;:Y^:YYY-:';YYYY;V>'^:^
.
23%
;i-
58%
57%
13%
13%;-
45
45 i
-
Unlisted-
Cities Service
goiumw* oas
.
20
May
106
May
Feb
35
Dec
1ft
Jul^
10% Apr18%
23i
29% May
Oot
57
-
,
Sep
"
37
Jan
.
;; 70
-
-■
56% Mar
44% Dec
65 %
*6
14
10ft
,
Jan
Jan
Mar
43% Oct
May
Dec
34% Jan
21% Oot
424
53%
13%
32%
———i,.,,,
1ft
10% Deo
iiupjh,"
192
27%
—,r——•
Roller Bearing,
22 y4
Oct
U%
29%
12 Y
648
r-.'W «
5 \
-M
81%
'23- '
54Vt
24
548
85
2ft
3ft%:
,36%
37%
^43% 44%
90
Federal Motor Truck—
^
*
'<
21
70
Aug
41%
Y
Jun
42
May
314
Jan
80% Aug
28% May
537/e May
Mar
39% Nov
65%
Jan
r%:X\\p%y:
«
„
General
■,
i i
Lout
Brass-Mfg-—5,0c
—
^ Tel—^r—^—lQQ.
——
Range Sine#
Share*
:•"* ,:Y'Y
Bioh,
130,
25
50
53
88.ysj,k8%
Electric Mfg
Graham-Paige
—,4V-
130,
■
———-°
*
Cleveland Cliffs Iron pfd—-—
Electric 111 common.-
■
Detroit
Cleveland Navigation——5
(Un>
—
"
~muM—*
HI
■>
v.,.
.
j
..
■
...»
'
a!4% al4%40
88
90% } - 615
a42% a42%..^ :. : 4
: 22% -26
1,642
5l7/« 55",
Z\
*
.rl.:-*/ ;.
—•
6
.
—
>,
LOW
V:'
■>
Janaary 1
um
;
"Y'5,-v'Oct
3%
9V4 Jun
BY*
Oct
Yl2vvs'8ep"159%
Jan
25% May
200 % Jun
Nov
6% Sep
9%
27%. Sep,
J.,
a53
IIILIL
II
I
....
,.
11
;•-.
'81"
JU?5 ^
—MM—M—.
i, iWf
I
•
1;
,
.
.
.
'
i
'65
a56%^
,•
"1*.
.
y./ .....J
.
"
.
■
.<
44 %
14
.
'
'
Dec
84%
32
Oct
Sep
Mar
19
Sep
34%
42%
>■
May
Jan
104% July
38
Jan
60
50
May
5% Sep
•
39
<
9%
•'->9%
7%
yY
;
Feb
Budson Motor
-
Hurd Lock & Mfg
Dec
3
Apr
17
May
19% Dee
V
;
f
\
5
..
Aug
11
Dec
18% Mar
40 %
Dec
44
26
Feb
•Katser Fraser
King Seeley
j
—1
Corp-,—
Yfv
v '
4%
f'
Y.".
I
..
" *
9
,
13%
'X'X
Park Chemical Co common.,,.
Oct
7
'
'x
s
'
»*
''
X'
I
•
,,,^,
;
Axle common—
common
VU S Radiator common—
83 Va
Wayne Screw Products new com
•
Jan
Jun
i
Y
•
.
-
Jan
3%
Jan
Oct
21 %
Jan
2% Nov
'
•
vr-
;v
ft,
*
i
36
.
?
12%
•
„
•
-
.
Jan
Y"
7
•-
-
J
•
,
1
;
5-
■
;i
.
*
jan
4%
Jan
8%
Feb
13%
Jan
Dec
•
c.
19% Jun
9% Jan
6% July
Dec
%
16%
-
,
Oct
10% Opt
'
Y—.
,
-Y'v:Y:"-;'Y:Y;Yi: Y^";rY ;- Yyyy--Y'Y
Y Y Y
Y
-"aYy:
•>:./Yv--:'Y;.vY.-YY;;YY-c.:
•
-"-y^Y"
..
,t
,Y.-Y,v.;';.(
.
Feb
47% Jun
9% Dec
3% Oct
3%
V
^May
7% July
s«p.
8% Nov
v
10
1
5
hY &:
Oct
3% Nov
3
-j.
Jan
5
Nov
,
,
1
——1 :
-1
13% Mar
f 8
10
■
——1
v
Aircraft common
4
Jan
45 % May
l
;
.
,
-Aug
25% Jun
Y2 :.Y>Oct.Y.
•
■.
14
-
.
5% Sep
——
Preferred
„
14%
Oct,
6
,
.
<,
Ac Die
Udylite
Feb
28
34
"6.'-!'"NovY::
•"
.
————18
Standard Tube B common
15% Jan
17% Jan
..
Y 2.Sep
34
Sep
?
-————1
BhellerMfg new common—.,
Feb
26% Jun
20% Jun
Nov
River Raisin Paper—.,
Timken-Detroit
Y
,
Nov
8
Jan
8% Jun
12% Oct"
Parke, Davis common
—
*
Peninsular Metal Products——1.
Superior Tool
80
Y, 8%
Oct
14%
Jan
16% May
16% Feb
Oct
Dec
Jun
4
17% Mar
;Y;,_ ■•Y. y:;;;^.
..,Y.v
Y>
...
•Packard Motor1 Car-—*•
Investing
21
NOV
;
Sep
42% Dec
Oct vY
21%
-
Prudential
Y
Mar YSV
'
6
to
ffO
infend to pub-Y
we
-ver
Kinsel Drug
1
"•Kresge (S S) commonY-4Y^s-ww--~iQ
.
,
11% Sep
2
Oct"
.
Warner
Apr
28
Sep
17% Deo
-1
—,v-r--——t- ISSlie*
common-
71
~
'
.
ever, we lutcnu tu
car,---—iish it in pext Mowday's
23%, Jan
51%. No v
16% July
9% Feb
Nov Y
Sep,
f
8
.
without it how-
press
2%
oommon—>.-*
to
forced
were
HooV«7auT^winT:::;:::::::;io
Oct'
Feb»
Feb
23% Jan
8% Dec
7% Dec
1
Oct
'
Mar
•
'Y 23;/
w
Oct
5'A Oct '
Y23
July
Feb
'
49% Nov
Hoskins Mfg common-——
Houdaiile-Hershey.
United Shirt Dist
.■V-v.i--' 100
6
al2;;*:.Y
al2
fobtnotes -see page 3325.
■■PHI
70
a51% a52%
<
i
JPijpestonevTire & Rubber com (Un)—25;-.
v
—
-
.
—_--44
J,/-.;Eaton Mfg
Erie Railroad
v-
(Un)—1-
26
-
*:>
•
&
Wv,
89%
,
» :
15 :
Cor:
Conscl Natural Gas
.-
A
Cleveland
Cliffs
a30% a30%
—
i
6
_rr—_—n,T.-
Scotten-Dillon
City Ice & Fuel—
Clark Controller
TQ
9 1
-
report of sale prices
The
Mccianahan oil common—,,,,,.
...-1
Murray Corp
———^—10
National Stamping —————2%
ferWedt
-5% -5%
4
4 .
,13% 13%
167% 167%.
_
Alleghany Corp (Un)
—
-1
Coach & Body———5
American
American T#'
Range
BRleFrice r«fPrices
wr
t
.
Feb
Jun
: YY
~6
for this Exchange bein?
BsSalle Wines common—
SI
-Masco Screw Prod cqmmon-v.^i—u—1.
Sale*
•
May
a
Dec
.."Y17%!:Nov
'
.
Lakey Fdry As Mack common^M——i
(»^Y"'•"'*
Cleveland Slock Exchange
X4Mit
53
—•
3
34% .Deft' VY
,
Oct
31%
"13% NOV
,
-"—-7'
47% Oct
»
Jan
;.;2% oot
-r
,
Feb
-19
y
-
,
''yW
i
H
t
Mnt'rf
IS KS* D"
^:,27%f SepY ■ :,
8% Sep
1
44%
v
yV
.
v.
Oct
-Nov
Oct
7%
Y v
!
,
,
t
Gar Wood inc-.,,,,.—
Jan
167
.
Y
s>
Nov
42
36%
54%
Brands-S-^Y^--*-'.
"
•
3
11
Y
Apr
15'
Jan
29%
1Q
i..—~r»
common——1»
•
common
.57
Jun
* 13%
Feb
Deo
50
10%
71
Oct
440
-
28%
12
»/•,
—
Friars Ale
35%
e.
——r-i—
Motors
oil
Feb
Mar
,■
30
27%
36%
JWi ■'
——
City Ice & Fuel-————-
Btindard
131
Dec
v
Feb
.
American Rolling MU1-.—
.General
io%
10%
8
Western Bank
-
115
50
58,%
13%
Gamble——,.—
Rapid
U S Printing—
J:
11% Oct
-8ft
125
86%.
:
120
Oct
47
Yr--
.50 Yv
14
':jfy
106%
4 S9
26%
■?**'
Brown, McLaren common—
1
Burroughs Adding Machine^,, '\'.Y y:'Y- ...../
Burry Biscuit common——*——12%q ,,, r^;
---' Y
; j
Consolidated Paper common^wm—1Q
•,
,
Continental Motors——-~»V
,
t.'
V.
;
.
>$.. i
;• X
$$4 $*'!$ \
ri'^
Davidson BrOS
I—itvawm—
^
'J
•V
vv
:;.V;;.
Detroit Ac Cleve Navigation—10
Detroit Edison oommon—,, 20
Detroit-Michigan gtove- —-. ■■
"
Detroit Steel Corp. new .common—
2
Electromaster, Jno
1
,
|
Eureka Vacuum Qommon——
5
Ex-Cell-0 Corp common—3
Federal Mogul. - commgib-——j,Y——-S
52
-
13
Uynkenheimer
PrQcter j&
23%
49%
•
—
Briggs, Mfg
Dec
145
67-69
M
Leonard
Dec
30%
Sep
60
' ■"■•
::44--44:-—
Kroger '—
25%
Allen Electric
Sigh
5
2% Dec
22
81 i;
2.1% 22%
—
Hobart class'
Apex
Low
■
;*
,
22% Oct,
23
12%
—1
Aeronautical P?odpqt§
Aug
862
r
35
nt
■
Gibson Art
i
-
17 y2
12
:98„
12% July
-
5
'W;Y 13%
,
10
Formica
Akron
Low HiaK
'7Nov
14
Feb
Baldwin Rubber
•
120
12%
Eagle-Plqher
•
Range Bines Jannary 1
BharM
of Prices
; Bale Pries
Par-
,
145
30%.
98
;::i 35
BQ
Yajrda—
/ClnoinnaW^^ unipp,. stools
_
'
■
,
^
434
25%"
120
Cincinnati* Tobacco Warehouse——~25
Timken
17
-
75
16%
>107% 107%
13%
—50
rw>——50
Cincinnati Street
Cincinnati Telephone
Fnre
46%
5% Mar
40.
200
2529%
25%
.30%
Freferred'-ni,—
r
200 -
•
:
16%
Champion Paper As Fibre new»^jr-^-^'
.,,—8.50
■
"
•
'8
8
8
Cincinnati: Gas common
•
L.31% Pec
80
6%
17
Exchaflge
8T0C"
WW
.
Burger. Brewing
N
Detroit Stock
Range Slnee Jannary 1
.
32%
6% ':
17
Baldwin.
Beau
Share*
High
*
1
—
—
Range
Low
Machinery,, .,,^30
American Laundry
Balcrank
s;
ite:«,
*
for Week
.:
wr
.
Sales
', Week's
•f Prices
Las*
":iool
lori
,
THE COMMERCIAL & FINANCIAL CHRONICLE
Monday, December 23, 1946
OTHER STOCK EXCHANGES
RANGE FOR WEEK
ENDING
DEC.
20
-
STOCKS
";7
;
: Friday
;v
COMPLETE INVESTMENT
FAIRMAN & CO.
Member Los
; Par
Boeing Airplane Company....^
Border. Company
BROKERAGE
FACILITIES
Angeles Stock Exchange
Listed
Borg-Warner
Unlisted Issues
—
Pacific
Case
I
Railway Co
t
"
Cities
Co
Gas
Commercial
12%
;
Corp
LOS ANGELES
—
14
__
25
a33%
Commonweaith & Southern Corp
—TRinity 4121
•
l
Corp
Continental Motors Corp
Last
•
>■:<>
Sal* Frio*
Class A
Electric
Rang* Sine* Jsnnary 1
Shares
•f Prices
BiO*
LOW
High
Loti
Bros
Company.
Corp
•3%.
•
common.
Barnhart-Morrow Consolidated
Basin Oil
•
Co
Blue Diamond Corp
3%
.;. 7
3% '
.
1.00
4%
2%
2
7%
General
//
6%
5%
14
14
.2%
California
Oil
Corp-
Packing
Central Investment
Corp..
Aircraft
Cessna
Chrysler Corp
9oy2
*
;
Fuel &
Colorado
Steel
Corp
new
Douglas Aircraft Company Inc—*
Products Corp—
Emsco Derrick & Equipment Co
Exeter Oil Co. Ltd cl iss A
a20%
___4
5
Garrett
class
Corporation
1
"A"
Oil
Co
A
Motor Car
Hudson
200
1.45
1.50
7,000
8%
m
*■
53
/
30
7% Dec
20% Jun
25
38 y2
Jun
Nov
76
Apr;
Dec
106
Sep
100
Jun
•
82
82
82
1.05
;
1.10
55
86
100
:j'
106
382
10c
67 %c
10c
20c
32
80
6%
1,000
33
6%
-
\
16
1.00
Oct
Mar
33
50
25% Oct
1,265
Feb
1.95 Jun
Dec
14%
Dec;
79%
Sep;
417
32%
!
Kaiser-Frazer Corp
Lane Wells Co
Lincoln
Petroleum
Company
Manufacturing
Menasco
Merchants
May
10 Vb
Dec.
Corporation,
87%C87%C
200
3%
55c
4%
1.10
*
/
12c
12C
Ltd
1
1
8V4
8%
8%
Oceanic
1
1.20
1.10
lr20
..una-
*
Pacific Clay Products
Pacific
&
Gas
Elec
Jun
Western
Oil
15
,-600
226
60
60%
60%
155
a21% a21%
35
—
_10
—
Rice
Ranch
Richfield
Oil
Oil
1
common
8%
8
1.50
A.
American
Oil
Phelps Dodge Cnrp
Pullman Incorporated
Pure
Oil
Corp common
12
37c
•
Nov
:•
•
18
Bears
Stores,
Roebuck
»
Company
Amarlnt
14%
412
13%
600
6%
115
a22% a22%
Standard
Security Company
Shell Union
Oil
—30
Standard
Oil
RtnelAlr
Solar
Oil
—25o v
;
Signal Petroleum Co Calif.
_
'
r
I
.
Stone
&
(N J)
Swift
&
Texas
Aircraft
Company
1 i;
Texas
Gulf
Carbide & Carbon Corp
Union Pacific Railroad Co
Lines
Air
preferred
5%
Class
Southern
Standard
class B
55%
94
20
53% Jan
30
13c
4,000
Western
Oil Co of Calif
Union
Tel
Co
5,600
19c
Inc
Textron
Woolworth
(F W)
Company
Transcon
Rights
—100
Universal Cons Oil
Weber Showcase
Electric
Feb
Gimbel
;h 65
Jun
29o
Sep
Mar.
1.80 July
20%
Jan
292
29%
Oct
765
38%
Oct
69%
42%
Feb
Pennroad
Co
21% May
Salt
19%, Dec
n
20% Nov
% 28% May
73
1,005
65%
Oct
pfd
20%
23%
•
43
.;■/ 46
1
1st
9%
610
19
30
Mar
578
9% Dec
27%
Oct
11%
Gold
Unlisted
Mining
'
Mng Co«—...10
Iviines Co
10c
Co.
25c
3V2c
Stocks—
Amer
Rad
Smelting & Refining Co
Stan
San
Corp
American Tel & Tel CO
•
*
16
a57%
27%
;
*
Feb
Apr
46
Deo
33% Jan
3%c
3y2c
10c
15%
16
3%c
10c
23% Aug
Oct.
18%
Oct
51%
Feb
21%
Nov
39%
Jan
NOV
26%
Jan
Oct
60% May
160
9%
a47% a47%
20
51%
Week'*
Sale*
Range
for Week
of Prices
Share*
Low
l«Bft Sine* January 1
High
26%
Sigh*
i7
991
v25%
Dec
1,369
.159%
NOV
29%
166% 168
167%
340
87%
15%
2\\ NOV
83% Nov
493
.
17%
100
.
42% May
200% Jun
1% Oct :
1,420
2?
Nov
38%
121
•
Feb
May
Jun
86 Vb
89%
185
9% Oct
76% Oct
140%
Jan
11
11%
1,615
10% NOV
26%
Jan
19% Oct
26% Apr
23%
24%
47%
447/8
47%
95
54%
52
54%
1,424
43%
42%
46%
257
,11%
•
71%
26%
-
Light
•
•
•
3
100
80
common
Oil
1
-*
Corp
Scott Paper
Oil
Sun
11%
40%
47%
7
Oct
55%
Oct
80j/2
34% NOV
Jun
Jan
May
70
10% Nov
565
11%
7%
220
1%. : 1%
5%
6
5%
482
,
17% Jan
/
6%
Oct
1%
Sep
Oct
,2% Sep
Sep
24% Sep
7
27 V2 Jan
47% Feb
•
5%
2,600
22%
21%
22%
26%
26%
27%
8%
8%
8%
Jan
17
26%
26V4
27%
1,620
27%
7
27%
27%
1,190
3,674
42
gy8
20%
435
,
7
,
7%
8%
Dec
—;24% Sep
27% Feb
25%
22%
25%
975
90%
19%
178
v; 89%
19%
89%
19%
284
17 y*
Sep
105
/1 „-5%
574
77
48%
j
>
48 VB
70%
v
49
70%
%
,
55
46%
20 Vb Dec
101%
Dec
Dec
Jan
Sep
33%
Feb
12y4
.
Jun
July
;• 60
40 Vb Oct
61% Sep
Jan
30% May
33% July
Oct
6%. .7:
•
—
'
7%
80
—1
Co
457
'
———1
Tacony-Palmyra Bridge—
Class A participating
'
78%
Jun
69 y4
18c
Feb
Westmoreland
Dec
Oct
8c
Aug
49 %
24%
3%
49%
25%
18%
7%
3y4 Oct
44% Oct
18%
19%
18
lA Nov
20
31%
32
27
Sep
Jan
56% July
30%
Oct
-—10
Feb*
5% May
Sep
Apr
Feb
47% Mat
25 V4
% Jan
24c
3%
*
13%
3%
3%
•
Westmoreland Coal
May
A Dec
25
Corp common
Oct
49
*
25
:
Transit Invest Corp common
Preferred
42c
Jan
__
Anaconda Copper Mining Co
Armour & Co (HI)
Atch T & S F Ry Co
AtlanticjRefining
Co
Aviation .Corporation
50
.Locomotive Works
Bendix
Aviation
Inc
-
1%
Oct
327
35 y4
Oct
51
2,300
10y8
Sep
18% May
85
Oct
15
31%
Nov
50
1,010
6%
Nov
14%
2%
40
40
15%
100
96 Vb
100
_.
6%
vie
13
-
5
•
1,100
2%
a35% a35%
6%
6%
'
265
68%
198
Apr
stocks
Last
Feb
Jun
May
Feb
7
Allegheny
a20% a21%
; 220
Ludlum
Steel—
Blaw-Knox
Oct
38%
Jan
Continental
Share*
Low
43%
High
*
4%
17%
17%
—•
11V?
12
1
2%
Commercial
35
805
29%
Nov
/ 50%
Apr
a95
161
87% Nov
112%
Feb
Corp...
Devonian Oil
a91%
10
4%
•
&
Duquesne Brewing
10
■.
3325.
V
5
Range Sine* January 1
Low
-
43%
common
Co
Gas
19
*
for Week
of Prices
Electric.^.—-
Arkansas Nat Gas Co
35
a94%
Pflf
7
Range
Sale Frio*
2% Dec
119%
Sale*
Week's
Friday
Aug
Columbia
Corp
page
Nov
14%
25
Pittsburgh Slock Exchange
Feb
Sep
100
Bethlehem Steel Corp
see
23
47%
160%
147/a
3
Baldwin
13% Nov
174
639
9
(The)
780
a54% a57%
167 % 167 %
100
Rights
For 'footnotes
76c:' Oct
10c
Aug
Jan
76% May
"
Amer
&
7*'
/ 40c
,10c
25c
;
7c ]
—
.•
50
preferred
United Gas Improvement
40c
Jan
7%
Nov
Jan
36%
V•
•
$3
Imperial Development Co Ltd
Zenda
/
Corp
Dome
United
Black Mammoth Cons
Apr
51%
Dec
96 y2
Oct
917
9%
:
Stocks—
Calumet Gold
•
$1 preference common
Philco Corp common..
3%% series A preferred
Oct
72
i>.
May
13 y8
Oct
10
& Fix
14'
2,555
9%
160%
Nov
10 Vb
10 Vb
5
common
Power 8s
14%
870
119% Apr
3%
llife
505
705
•
Pennsylvania RR
Reading
3,249
:S>;24'</ Aug
Sep
54%
>
585
26
10
Lehigh Coal & Navigation
Lehigh Valley RR
25% July
r
17%
20'/4
——13%
Light
National "Pr & Lt ex-distribution
Dec
•
17%
8
Motors
,
1134
11%
100 %
20 V<
««.
__
12%
—
Brothers
370
22%
*
Jun
59% Aug
7% Oct
11%
92
98
NOV
180
•
Storage Battery
13%
al9% a21%
Jun
17%
a527/s &56y«
87%
Philadelphia Electric Co common
30%
''22%- ,.,21%
Aug
60%
48% Sep
275
,
20% Dec
16% Nov
13
c
Pep Boys
26 y8 July
48%
a20%
67
160% Apr
preferred__50
Corp
Apr
•
Mar
94
Curtis Pub Co .common^.MH.«wr..——
General
39%
25
;
Western Air Lines Inc
Mining
Securities
Chrysler Corp
Apr
30%
5
of. California
United-Rexall Drug Inc....
United States Steel Corp
53
140
19%
wi
39% July
14 y»
July
70
513
28%
Co
34% May
47%
14%
July
-41
Feb
32y* Feb
31% Jan
2
& Western Air Inc
Oil
Union
Corporation
38
Sep
120
Par
30% Sep
1,816:
1,967
76% May
- Jan
a
U 23
33%
24%
22'/2
Friday
30% Mar
■12
,
49% May
50
-
25%
■
.
al7% al87/8
37/8
3%
8ale Pric*
40
;
a56ys /
10
386
~
__
64% Sep
Sep
18% NOV
15
20
al32y8al32y8
al8%
10]/a
33%
57%'. 57%
8%
8%.
__
24%
-
M Last
49 y2
;
375
50o
Transamerica
July
52% May
'
100
i
"489
a94% a96%
12%
331/2
I
I9y4
__
•
A
14
•
Sunray Oil Corp
-
•
Tel b Tel—
*
Company
18% Jun
57
Feb
38
1,060
a52% a53%
5
Westinghouse Elec & Mfg Co
Willys-Overland Motors Inc.
American
Sep
8c
1.00
15%
68%/
337'
20%
21%
a34% a34%
a52%
Storea.
__25
"C"
Pacific
Jan
July'
•
a59% a60%
10
a30% a30%
25
38% Nov
47% Jan
15
al6% a!6%f:
—
100
Inc
United Aircraft
Penna
6%
18%
40
13% Oct
125
41 y8 ;
a60%
•
14
Southern Calif Edison Co Ltd com...25
18% May
Oct
844
68%
al6y8
■
_.
American
—
10
Nov
.
25%
"t! .V'-v,
a37y4 a37%
*
Sulphur Co
Union
Jun
4y2 May
%
Dec
Nov
/
77/14
470
;
Feb
-
46% May
52% Sep
/ Nov
9
1,066
28%
U 47
Feb /
305
g7/g
'■
25
...
Aug
65
a—
Oct
22
12c
•
a23 a24%
gs^
27V2
J
Tide Water Assoc
Budd
36
15%
-
Oct
/
*
■■ /
•
Company
1.20 May
20 V* May
15
•
52
a53y8 a55%
41 y8
29
-l//, :'i;
Company——....23
Cnrp
July
68
Oct
%
6
95c
'
228
36% Aug
-
f
Sep
,
Jan
12% Feb
Nov
33%
25
Webster Inc
fd-.nriPhfttfffr
Nov
810
1.00
Onm
16%
3 36% May
29% July
Oct
25
138
28%
r
(Ind)
Oil Co
Standard
Bankers
38%
a29% a29%
Sierra Trading Corp
29%
475
a24V2
•
—
Co
-
Corp
Apr
5% Oct
45
28
•
___
Brands Inc
11% May
38
38%
2,715
^
26%
;*•;I%
Socony-Vacuum Oil r>n
19
14%
14% 14% ;
Southern Railway Co—-,..r• _v ' a46% a50%
Oct
7%
55%
Co
6%
6Vt
a33V4 a33%
'AJ*-'
Delaware Power &
Inc
&
Feb
Jun
45%
W,
.
••
Safeway
Sep
19%
a55%
Jan
-—
50c
6%
1
May
k 60
Dec
24%
45
...
•
Feb
57% NOV
•a--
500
14%
«
;
9%
56
^9% a41 y»
:
Republic Steel Cnrp__
35
a33%
■ •;.■■■■■
- ■-
alO
a23'/« a24%
;
g%
1
"0
Apr
2.70
Feb
52
65c
6%
..j
Warrants
Ryan Aeronautical Company.
823%
,;IJL»
~
•
/
a29% a29%
•
,
19
a9%
alO
10
Paramount Pictures Inc..
Radio Corp Of
26V4
1
Co...,^
Company—
Pennsylvania Railroad Co
■
_.
19%-Aug
15%
37% Oct
3,100
60C
May;
42
,
Jan
^
Dec
8%
; i4%
60%
v
Apr
0
Dec
1.10
Jan
10%
Dec
8%
Apr
8%
Dec
12c
Jun
Jan
1.75
Dec
14
% •■v:%
Company
Oct
77% May
15% Jan
Apr
Baldwin Locomotive Works v t
Republic Petroleum Co
Oct
29%
".
97 %c July
1.00 Jan
7
2,930
43
■
_
-
43
«
43 Va
338
,
Jau
Dec
230
Feb
4%
5,200
.
Jan
2% Dec
•895.
a48% a49y8
m^!
'
Corp
13c
2.30
42%
Nov
37c
Oct
20%
87%c Dec
1,000
A77,'-15
...10
135
-
is%
1
<•
common
Pacific Indemnity Company
Pacific Lighting Corp common
Pacific
<
f
1.10 Nov
19%
100
1.10
'
Sep
200
400
4%
Dec
15 %
5,760
; 55C
170
Co
Dec
a33% a35y«
U;
Dec
5%
a48% a49 '/2
&48%
^^-.—5
Northrop Aircraft inc.—
OU
May
Nov
65%
1
...
Warner Bros Pictures Inc
18
\v 8
940
National City Lines Inc
Nordon
53 %
•43
480
1,720
5%
-
Oct
RR._
Aviation Inc
50
7
60
661
6%
'
14%
Central
.—10
6
V; 5,075
■
Feb
1,020
York
U S Rubber Company....
230
^
May
Apr
11
1.35
—1
Apr
29
51%
99% May
35% Jan
6,244
7,
44%
65%
26
Sep
Dec
Nov
8%
2%
433/.
Nov
15
34;
'
57%
42c / Jun
I"
850
1
590
Feb
3%
•
.
6%
20c
21 y4
;
.14
40%
3,000
230
1
18% Oct
22,;
5o
36% '
Oct
Dec
20c
1.20
1
1
130
•
Jan
Apr
12% Feb
33% Feb
26%
Corporation
United Corporation (Del.)
20%
..1
5%
,
40
112
1.55 Feb
21% i
Co
Company
Monogram Pictures Corp
Mt Diablo Oil Mng & Dev Co
580
Oct
Jan,
41%
I
26%
Dec
:7/:/;^7
Petroleum
27
4
Sep
26y4
62 %c
1
Oil
Mascot
35%
Jan
23%
.;,10y8 Nov
50
' ;
Vil
36
•
.
66
5%
•
————
300
'
590
■'
15%
1,600
a7
10%
5% May
32%
Dec
al5% al5%
1.35
Dec
10
8
—10c
15%
41% Sep
6%
100
Co
Angeles Investment Co
*
44%
;
20C
1
Lockheed Aircraft Corp
Los
♦
^
•
....
65C67%C
1
;
245
280
United
Intercoast Petroleum Corp
Jade Oil Company
16v8
Dec
,
106
Inc, common
Hupp Motor Car Corporation.—.....!
Jan
9% Nov
48
Oct
106
*
6%
19%
200
106
_1
2.70 Jun
May
,100
1,156
,
a54% a55y8
a55%
Apt/
54
io%
'
•
_.
60c
7;
30
16
io%
.10%
.10%;
.—•
r
8 ;Jan
15 %
*•;
*9
1,148
1,440
*
Foods
Hunt
3
8%
m: t'
:
•
Company
16 v
Nov
12%
880
9
..2
10
Holly Development Co...
Dec
16% Nov
1
—
common
Nov
98% Apr
83 V* Jan
20% Feb
67
137
3
Apr
Jan
'
Packard Motor Car Co
Jan
31
20% Nov
Sep
2%
170
Ohio
Feb
32% Dec
Nov
165
a21
■
30%
Jun
Jan
31% May
35% Apr
10
North
Apr
23%
24
,
Oct
16 y4
Aug
136 y4
Oct
.
78
4,214
I9y8
igi/8
al6% al6y4
al77/a al77/8
..
41
13%
Oct
Mar
10
New
9% Feb
■;
Oct
10
16 %
4,010
,,
•>:13VT3%
1
(The)
24 s
Dec
; 76
19,808
a70 a71%
1.50
i*eneral Motors Corp common—
Gladding McBean & Co.______
Goodyear Tire & Rubber Co com
Rubber $5 preferred
Hancock
-
.
470
Sfe2787
32%
a20%
13%
Farnsworth Tele & Radio Corp.._.Mi.l
Fitzsimmons Stores
17%
,
50c
Electrical
15 y8
23%
:
683
90%
4'A
8%
Feb
50%
North American
May
25
Oct
19%.
23%
33
Dec
16
14
30%
i
s
Dresser Industries
19
160
17%
*
com
Creameries of America, Inc
550
100
23%
4
%
36ys
Co
51% May
78 % May
50%
Loew's Inc
.'viv'-V1'/1
45 :
Jan
28'
LJ
Corp
F)
..
Sep
Sep
10%
'i al6%
,•
22%
Dec
Montgomery Waro & Co, inn..,e%
Jun
17% Nov
Dec
20
86%
20
Consolidated
.13%
(B
5
Corp,—
International Nlckel Co of Canada.^.*
Kennecott Copper Corp
•
Libby. McNeill Sc LIbby
7
9% Apr
IV*
4%
15 y8
Iron common.
Preferred
6% Feb
41/4.
.1
S
——
M
5y*M«rv'>
.
47
s:'30.^-;:;22i
.
»
Company
Oct
Jan
.2,342
,
1.78 Aug t
6%
1,615
14%;
V
?
6
8,829
.
May
19%
—100
Certain-teed Products
8%
6% r
-
a29% a29%
*
common....
,
60c
S.. 4%- Nov
6 2% Dec
300
Light
Oct
153
a4oy2 a40'/2
a3oye a30y8
Aug
54% May
59%
20
6
Graham-Paige Motors Corp
l
Great Northern
Ry Co preferred,.,..^.*
Jun
41
Oct
Foods
Goodrich
6% Jan
Sep
26
.1,100.
1,650
4%
-
.
7%
1
1
Broadway Dept Store new common—•
Chic a
rfolsa
190
1.05
4%.2%
:
3%
1,200
28 '
-
28
'
[y'L'S^":
\
—
Furniture
M, M
1
Co——_
Berkey & Gay
'
•
&
;
37%
'
68
iqs/8
__
•
12
195
3y2
i
Power
General Electric Co_
7
r
Petroleum
Bandini
Barker
5
Electric Bond & Share Co
for Week
Range
330
'
a3336 633%
__
1
52% Jan
55
10%
__5
52
100
__
1
(Del)
Zeilerbach Corp
Curtiss-Wright Corp .1
Sale*
Week's
Friday
;
Co
Crown
Angeles Stock Exchange
stocks
Oil
33% Mar
Aug
ns/B
4
Aircraft
Continental
Los
11%
Jan
52
/
a207/8 a22 Vb
__
Cons Vultee
West 7th Street
2IO
A
37%
High
33
y-; 100
a28% "~ a27% a28%
•
Commonwealth Edison Co
5
9
a60% a61%
•
Corp
v
^
10
Electric
&
Solvents
Low
'
127/8
37%
■
•
Range Bine* lanvary 1
High
a407/8 a42%
25
Service
Columbia
SCHWABACHER & CO., SAN FRANCISCO
Share*
a41V8 a41V8
__
29
;
Bale*'''..,:
for Week
a20% a2iy2 :
_5
Caterpillar Tractor Co
Direct Privala Wires to
a21%
15 :
Co
J
Low
___5
Corp...
Canadian
*
ALLEN & CO., NEW YORK
Sale Frio*
'
t
AND
Week's
Range
of Prices
Last
',>■
30
40 Vb
3%
High
'
Dec
Oct
60% May
7% Aug
Feb
15% Nov
31
8%
Oct
14
Jan
400
2%
Dec
5
Jun
27
155
24%
Sep
29
July
27
1,517
24y4
Oct
34-
70
580
3
27
26%
-
v
..
Feb
'
i. > * mmnm0nrf'r<**x
.Volume 164'
Number 4553
THE COMMERCIAL & FINANCIAL CHRONICLE
OTHER STOCK EXCHANGES
RANGE FOR WEEK ENDING DEC.
Friday
Week's
Sales
Last
Range
for Week
Sale Price
of Prices
Shares
Bangs Since January 1
Low.
Fort
Pitt
totar
tins
% Mar
9% Aug
22
July
—
Jan
Mountain
Fuel
National
Penn
Supply
Jan
Flreprooflng Corp
St. Louis Listed and Unlisted Securities
High
,,
Bre
Lone
20
II
17% Aug
■
Edward D. Jones & Co.
Corp
Pittsburgh Plate Glass
Pitts Screw A Bolt Corp
13%
10 Va
Sep
Established
Jun
Jun
•'/:;//14%
X /
.
48% Jan
Oct
San Toy Mining
Feb
300 North 4th
Vv/5: 0 V
Members
York
New
1
12,100
Vanadium
Alloys Steel
♦
Westing House Air Brake
•
Weetingbouse Electric Corp com—12%
15c
33%
24%
26
Dec i
26%
60c
.,
Jan
293
46
Oct
41%
Jun
39%
St.
Jan
21% Nov
27
/
Sep'
32
115
31%
Louis
Stock
1871
"
St., St. Louis 2, Missouri
•'/'/'
Stock
Phone
Exchange
CEntral
Exchange
.
Chicago Stock Exch.
Bell
Chicago Board of Trade
Friday
Week's
Friday
Sales
for Week
of Prices
Sharec
Low
American
Inv
common.
Bldg Equip
Brown
Shoe
—1
common
36%
Century
Electric Co_
:
10
Coca-Cola Bottling common—-—..—.1
V
6
Nov
60
24
Nov
,—4
3eneral Shoe common
._l
Aug
Louis
Car
Louis
Pub
Serv
Scruggs-V-B
Inc
Sterling Aluminum
Stix, Baer A Fullei
15
24%
"
*
22% Mar
127?
28
300
14
Mar
22
120
—
38
.
50
60
-
Hj uiauiio-Pressed Brick preferred—100
International - Shoe common
_•
common.
27% Jan
41% Jun
,
68
Apr
,
12
Dec
Aug
63
27
125
5%
Oct
Jun
.
9'/a
Jan
400
19
Sep
28
Mar
50
18
Dec
25
July
Jun
23
18
—35;,
20
20
21
25
10%
10%
68
68
com
83%
85
33
83%
267/e
27 *'■
130
18 Va
Jan
17%
18%
1,190
16
Nov
40
40%
200
37%
483
34% Dec
51%
54%
243
48
Oct
73 % July
29%
29%
24
Sep
33% July
18
,
1
_5
•:••
——
85
1
common
/
18%
5
new
Jan
50
15
.
'
/Unlisted—
Jan
52%
36% Oct'
14
Dec
30
Feb
50
6%
Jan
15
1
20
;•••
—1ft Kv
-
•
20
Oct
30%
Dec
46
Dec
16% Aug
65
Jan
20
.;•••;
525
v
:
10%
19
62
•
50
-
Jan
100
>
Jun
91
Jun
31
Dec
Jun
19%
Oct
49 % May
34% Nov
Jun
32
.
Deo
High
6% Nov
,•
5
18
_
Wagner Electric common
Feb
31%
6%
:T. :
'
*
common—
—————
12% Nov
12 Va
->■■■
MMt
200
•
;
-16
common.
30% Nov
58
12%
Vs'; ?
—1
45
22%
"A"
10
;
-100
common
St
Feb
—
LOW
7%
45
O
com-
Bange Since January 1
High
7%
common
St
10% Feb
35 %
Low
common
200
GrWedieck-West Brewing common-1—*
Huttlg S & D common
t
;
_5
Hyde Park Brewing common
-4 '
Shoe
July
10
Dee
200
■'
Light
Shares
«
Jun
24
Steel
Preference
•Emerson Electric common—
Johnson-S-S
45
Gas
for Week
ef Prices
Par:
Midwest Piping A Supply commonMissouri Portland Cement com
15% July
.
15%
185
'195
__
:
7% Dec
33% Dec
"•
15%
Laclede
Laclede
High
Mar i
11
'75
•
1
.
i
Low
30
——3
common
Burkart Mfg common.;
Range Sine* Juurj 1
High
X12%
12%
..
Key Co common
Knapp Monarch common.
Lacieoe-Christy Clay Prod
Sales
Range
>'
Sale Price
000 000i'00 ^00{0000X0'0
Bange
Sale Price
Exchange
Week's
...
Last
Teletype SL 893
New York Curb Exchange Associate
Last
St touir Slock
7600
Jan
,
STOCKS
Bank
I
•
Jan
Federal
General
Electric
General
Motors
North
/:///
common.,
Oct
CANADIAN
:■
:
common-
Jan
.
'
a
54
—10
American
.35%
36%
_
—25
—
14/
48 Va
Jun
LISTED MARKETS
RANGE FOB WEEK ENDING DEC. 20
STOCKS
Montreal Slock Exchange
Canadian
I
Friday
Bangs
Sale Fries
000000t00f0000 ?///?
Acadia-Atlantic Sugar A
20
•
*
—•
pfd
pfd—25
25
Aluminum Co of Canada 4%%
Corp
common
Warrants
27%
/ Asbestos
Batburst
Bell
—
Power 6c
Paper class A
Telephone
Brazilian
Light
it
100
Bulolo
•
V
Gold
'f/llv /'
0<:
f
•
'' '/ ".0,
'
$1.30
preferred
Canada
Northern
Power
Canadian
Canadan
4%
'VvVavv
522
,
,..,..
;•
,—;*
common 1.1.. in...L.u..'
f
■
3
3%
28
31%
16%
;
;■
y
y:
•:] ■
20%
■
.
.
31
31%
31
11
10%
14%
48
48
25%
'■■■.
14%
|
—
Canadian Celanese common-——...*
on———*
7 % preferred
25
48%
25%
• ■"
40
14%
.v.
14%
Jun
Montreal
18%
19
59
47
Oct
53
12%
Jun
Cottons
"A"
pfd
common-—
;a
_«
Foreign Investment
Ind Alcohol common
78
Class
B
;
Canadian
July
Jan
25%
Dec
Dec
20
Jun
32
Aug
•;
B
;
*
r--—
Coal
Dominion
Dairies
Preferred
Dominion Steel & Coal class B
590
39
41% /
11%
18%
/ 18%
.19 Vs
34
33%
34 Va
15 Va
15%
:
100
31
32%
Donnacona
Paper '4%%
Donohue Bros
pfd
n
14%
75
75
/;# 14
Power
95
93%
103%
:/ ••—■■■;;
17%
• • ?
._£
*0
•
•
common
preferred-:
100
preferred
18%/
--
6
17%
General Bakeries
17
110%
20%
;
? ; 10 10%
;5% /■:'-' 6
17%
17*
4
•
17%
17
•
16%
15%
Hamilton
Bridge
Renfrew preferred
Howard Smith Paper common
Holt,
Preferred
i.
•
8
100
•
100
is Va
18
110% 110%
OvDsum.
•
110
325
50
/
45 Va
4%
17%:
53
018 %
Jan
24 % May
75
19
Nov
19%
—1
19%
27
27
30
-
15 ; 15%
14
18
17%
"
18
23%
24%
■
.
50%;
190
29%
Feb
100
2,180
,43
275
185
76
16
16
103
32
32
71
71
55
150
150
—
100
.
—
30%
Oct
Apr
31
May
72
i
Jan
Sep
35
Jan
185
Nov
Jan
26%
4 50
64
103
14%
Sep
175?
10
•
Nov
45
Jun
52'/a July
Sep
24
1,585'
32
,v
21%
.
10:;
■
May
52
v
Sep
Deo
■
1,485
-
Feb
22
Sep
13%
" 555
Jun
July
25%
Jun
Sep
44.
Apr
Jun
42
July
16
671
—
100
40
:
15'
••
J.8%
.
'>;** ^82
25
33
37%
12% July
4
<
-
76
16
91
2,170
.185
—
—
21
Apr
26% May-
Sep
Dec
v
49%: 50%
28%
29
—
"
V
16% Aug
Jan
13%
24%
25
115Dec '
13%
20 Va
23%.
—
;,v
I6V2
20%
13%
Sep
16%
••
Sep
Oct
265
~
40%.
/>• 28
Jan
Apr
Feb
110
8,501
-
.
23%
M13
2,461
17%; 17%,
35%; 35%
12 V2
12 %
13%
24%
23%
890
115
110
24
May
Dec
14
3i%
Jan
37
12% Mar
23
23
Sep
32%
; 23% Feb
24% Jun
28%
13
83
May
20
Oct
Apr
/ Apr
115
14
30
102
Feb
,103%
50
28
Sep
34%
Feb
70
Feb
81
Apr
1
150
Dec
154
Dec
205
...
28
.
.
■
Oct
5%
*
14%
105%
Standard Chemicals
"
10
2,890
45
?
.
Apr
Wabasso
Twin
Apr
25
25
5
8%
7%
8%
6,024
34
-29%
34
735
24%
34
33
1,357
34
Sep
Apr
41
0830
Feb
125
16
.
"::
..
Jan
(Geo)
A
Worts new com
common
—
Ltd
common
Preferred
13V2
13%
i ' 1313
.0R: 18 ,^-.Vl7%
16
"•
9V2
0/'
—
common
20
May
Jan
111
42
v
111
1... s
•
25
:
preferred
—.———25
3%
Sep
■15%
Sep
12%
Sep
6%
Sep
Jun
May
'
■
/
July
014
Jun
V17:- ■
25
835
ft 13%
16%
Apr
Oct
73
-
"
16
Jan
Jan
106
Jun
'0 92%
44
Nov
50
31
Jan
110
10
618
99 000 '12
^
30
W000. 25
lp
14%
,
74%
247/a
;:•
Dec
24
22
:
•
10%
Jan
?
Apr
24 V4
13 V»
'?•
31%
Nov'
Apr
FeD
May
99
Oct
Oct?'
36 Va May
Oct
27
Apr
21% May
Sep
104
Apr
45
May
29
Feb
95
Jan
34
Jan
25 Va
Sep
27%
July
30
:
,
Jan
Banks VV
7%
Apr
20%
•
Jun
94 V4 May
Jan
;'?■'
0:0170
26% 0" 4,405
28
Sep
83
80
28
38% May
Oct
6
86
37
:?7%
100%
.
Sep
Sep
22
28
•
25
480
14%
—"27
:
2,786
25
37
...
"
Jun
16
14
—
.
preferred
26% Mar
Sep
July
1,800
,99.
Dec
12
22
14
Jun
Mar
•«'
12
9%
28
9% Mar
39
■J 185
14%
25%
-
20 M
'■■■■>■
Oct
9
__
•
6%
1
Feb
26
Sep
Mar
42
76
Jun
6
Apr
28
14'A
'
27
19 V2
160
42
'
80
• Ml
'
16%
00~± :-}0 86"
Mar
Jan
0
515
300
100
: /
Feb
'Jan
13J/a
13 V\
18
16
22
19%
:
Sep 0
Sep
Jan
21
-
87/8
9%
101V2 lOlVa
: 79
80
;
80
3,736
75
175:
„
14
17%
--
,
29'
160
5
690
25
.29
•
;
1,945
'
*
125
24%
—
100
Zellers Limited
•
111%
160
•
*
Winnipeg Electric
v
-
—.34
123
24%
•
Walker Gooderham
Wilsils
Jan
13%
•
——
Weston
May
102 Va July
101
17
20%
City Rapid Transit—
—9%
Cotton
Apr
20
United Steel Corp
Jun
Jan
.101
.*
—
100%
Apr
17 Va
73 V2
■
16%
•:
:
—
—-
Tooke Brothers
-.36
Sep"
Sep
Sep
"
:
* ■;
common
—
22% July
Jan
525
62
17
20%
s
5%
110
12%
———•
5% preferred
109
Steel Co of Canada common—-———*
v 7 Preferred
ii
25
22% Aug
Dec
34%
12
59
—*
-
common—
Boutham Press Co
Southern Canada Power—
Aug
19%
Mar
33%
12%
—
trust ctfs
May
May
;a 22
9% Nov
15
Breweries new
Voting
24
Sep
,15
Jun
33%
61%
.
--.——100 ••'.-'
common
107
i
Feb
20
Feb
*
.,
—
120
Jan
365
May
1 26
20% Dec
600
Sicks'
51% July
41'/a Jun
Nov
Co.—
•
Sherwln Williams of Can qommon*
Preferred
^
——>100
35% May
37% Feb
27% Sep
39% Nov tk
River
Corp of Canada——
Shawinigan Water A Power
•
16%
Apr
37%
185
*
Lawrence Corporation common
•
A preferred
——50
St Lawrence Flour Mills common—
*
St Lawrence Paper Mills 6% pfd—100
Jun
Jun
700
16% May
28%
21
6t
Jan
23
00
150
Jan
21
common——
Regent Knitting
July
30
Oct
102
-X 155
Sep
•? Dec
25
Jan
100
-
Feb
Nov
1,741
/ '
12
155
29
-•
——
18% May
10%
225
Apr
Jan
May
655
110
Rwys_—/I
5% preferred
33% Jun
i16p
9%
•
Ltd
60
36
—
com
Nov
43
27%
35 %'
.———100
•
Feb
59
? 35%
15%
Provincial Transport
*.'
Quebec Power—-—-—-————:—.---*
52% Aug
"202
200
•;
19%
——*
May
Sep
13% Nov
424
.
40
47
?
21
-
Price Bros 6c Co Ltd common™—*
May
16
165
28%
Nov
873
17%
18%
General Steel Wares common
Lime A Alabastlne
95 /
20
-
V"
25%
.
1,568
230
f02500
18%
110
4%
—
'
25
103Va 103%
20%. 20%
16%
20,
;
100
5%%
25%
.._—•
100
1
Heating Prod
English Electric class B
Famous Players Canad Corp
14%""
24
24
20
Enamel &
Gatlneau
25
25
•
Eddy Paper conv class A
Electrolux Corporation
525
41
38
v
•
—
Dryden Paper
'
41
50
13% Mar
281
-0-3X00 ;'" "3
Nov
31
50
38
•
.
2,815
701
'
May
102% Jun
.
29% Jan
11.-, Sep
275
/• 31% •32%'
-
44
20
.
10% .10%
'•''.""I
•
common—.
5
30%
11%
.10%
100
Dominion Textile
44
30%
25
Preferred
42- /'"'
'
—• j
Vtc
5%
Oct
100
Dominion Tar & Chemical common
Apr
Dec
|r ?
i——*"4'
£
Preferred",.
Feb
19
12
77
['y0
35
Dominion Foundries & Steel—
Dominion Glass common
J
">r
24%
Oct
477
3,271
' .-'■Xl
——
...
Power
Dec
13%
25 '
common.;
Powell
46
18 %
88%
44
>
preferred
25 % May
13%
42
13%
Jan
39Ve
187
.....
—
Preferred
Jan
87%
X
12
25%
46
29% Aug
Jan
Oct -
26% May
12%
»
-
Bridge
Dominion
Jan
Penmans
Sep
13%
Distillers Seagrams old common—*
Dominion
53
July
88 %
>
8
12
25
Page-Hersey Tubes -———*
Jun
12% July
.*
131/4
*
Ottawa Light, Heat A Power
Preferred ^
15%
Smelting
5,229
common
.*
46% !
46 V2 47 Va
w—i————25 ';: V' 49.--:*; 49
Ottawa Electric
22%
Davis Leather Co Ltd class A---——*
Class
49.
13% Nov
25
Cockshutt Plow
Crown Cork & Seal Co
,
"
*
Railway
Consolidated Mining &
Consumers Glass
Jan
35
.*
Oil
Canadian Pacific
1
.
•
Canadian Locomotive
14%
-•
Drug: preferred
Preferred
44 Va May
15
•
14%
13%
Ogllvle Flour Mills-common
22% May
.
54% Nov
•
Canadian
9,700
—25
National Steel Car Corp
Jan
49
100
Canadian
57 %
25%
Noranda Mines Ltd—"
.
Converters
53%
.100
common
17V2
33
6,525
„
38% Aug
Sep 1
29
25
-
14%
£
27
25
-
38-..
37 V2
57
^-—3
——
NiagarafWire Weaving—.
Apr
20%
Sep
18% NOV
489
National
29% Aug
53%
Nov
23
Rights
Canadian
Canadian
25
'•■
38:
34
.————* f
National -Breweries
-
;
'
•
Cottons
1v Preferred
Jan
42
35
58%
,25
■
12
preferred
8% May
"
Preferred
———lOOf40Va
Montreal Light Heat A Power Cons
• % >-19%^;' 19%
Montreal Locomotive Works———
V.: 2018 %
Oct
14 V2 May
22%
Nov
20% Mar
850
19
31%
Sep
9% Oct
13%
I7R :..
59
.
212
5
McColI-Frontenac Oil
25% jun
30
v
4,655
:
31
—.
238
26
'A.9
-
29
Mitchell (Robert) —
—
•
17%;
Molson'g Brewerle8————35%
24% Feb
14% Jan
-
350
580
*
35
Jan
46
Massey-Harris
29% July
-
1,425
15
Apr
7V2
__
*
—
(C.W.)
Feb
1,700
com
—
Jan
157/e
8%
46
common
—-
17%
8%
•
Lewis Brothers
5% May
Sep
Secord
Lindsay
35
May
5% May
14%
1,005
11
147/S
f
0
v
«
20%
29 %
Jan
2% Sep
-
Woods
Legare preferred
Jan
19% May
23% Jan
'
500
■.
19%
Jun
30Va
2% Sep
27
->■> 600
-
Apr
216
Dec
f
225
24
Sep
385
27%
29%
16
?
31
Corp
Corp—.™i*
•"
breweries common
uon
Bronze
20%
20
11,450
30
28
of the
May
Oct
8%
•
—
Lang & Sons Ltd/ John A
Oct
170
*
3,146
3%
—
Canadian Car & Foundry common™-*
common
;•
.:
Class A
20
—20
936
23%/24%:V
29%
;
Sep
.
18% Sep
20
100
-—100. t
—
188
060 V
4
:i Canada Cement? xmmmoiL—?
U,;,m
5
Canada Steamship common
On...
;•
.e
5% preferred
-—-—i—-50
50
20%
-
Lake
(John)
50
Sep
12 V2
Dec
—*
Labatt
>
35
4,311
,
13 V4
18
Corp.
Jamaica Public Service Ltd
2,280
13'
2,575
37 V*
common
International .Utilities
Dec i
■>
Power
Dec:
Laura
21
5
..
1,691
.23
20
•
;-»/*:
Dredging
28%
29%
Columbia Forest Products™*
Products
•
British Columbia Power
Corp A
r—•
; Class B_
•
;
* -v
Bruck Bilk MH!«
■■
i"-y.
Building Products class A>IL
'' '
92
182%
'
International
Sep
1.15
5
20
Brltlsn
v
■f: 6%
95
20%
185
Jan
High
Low
47
:
12%,
14 V2
•
International Paper common
International Petroleum Co Ltd
Sep:
Bange Since January 1
High
14
*
*
Canada com
Shares
14 Va
—25
:
international Nickel of
26% July
1,325
1,326
27%
24%
,
•
v
95
20%
Power
Power..
British-American Bank Note Co
rote
620
■
8
1.20
27%
—•
•—
Trac
27%
7%
1.15
—
•
»
m,.
130
Preferred
r.
for Week
48
13
—
Industrial Acceptance Corp com
International Bronze common--——
Jan.
;
16
365
8
100
—100
—
29
1,525
195 210%
27
10
50''
■
.
,
Mar
Sep
35
July
19% Sep
450
«
46%
Imperial Tobacco of Canada common_5
'Preferred •
—£1
15%
.
1.20
—.
preferred
Corp
•
—
_
conv
14
10,900
22%
210
-rrz—
4%%
20%
22%
•
}
Sales
Range
of Prices
tow
,
,,
11,829
32
—
■
——
21%
32
—
Steel common—
—■"V"i
Aluminium Ltd
Argus
37%
21%
38%
*
•
Low
20%
38%
_
Algoma
.
19
*
common
«
mon——:
Shares
20
Week's
'
.
Par
High
.18
Last
Hudson Bay Mining 6c Smelting.—•
Imperial Oil Ltd
for Week
of Prices
20
—
Agnew-Surpass Shoe
•
Jlow
:
Abltibi Power A Paper com.—
in———•
V $1.50 preferred
0r,n,.y?n
—m—-—
20
;
$2.50 prior preferred—
.!
20
,—,—.20
-
Sales
Week's
Last
v v.
Friday
Sale Price
Fund*
Feb
Canadienne
21
21%
16%
Jan
18%
Jun
Commerce
10
23%
23 %
19%
Jan
12%
Feb
Montreal
10
25%
26
21%
Jan
175
26
Sep
38
52
Oct
54
July
•
Nova Scotia
Apr
Povai
Sep
Toronto
.
10
1
39
39
33%
Sep
22%
24
Feb
JUly
27%
Apr
39%
Apr
24%
24%
70
Jan.
25%'J1)!*
37
y*37
34
Oct
-33L—Jan'M1
'or
footnotes
see
page
3325.
s
THE COMMERCIAL & FINANCIAL CHRONiCLE
Monday, December 23, 1946
LISTED MARKETS
CANADIAN
DEC. 20
RANGE FOR WEEK ENDING
STOCKS
Week's
Friday
Montreal Curb Market
•f Prices
CanatUnFbndl
8TOCKS
Last
BY*
Goldbeam
'300
483
;
Brewers & Distill
British
of
American
British
Columbia
15%
*
550
3
Dec
*
618
13
Sep
Co
5
Ltd
25
*
26%
26%
13
25
pld
*
__
Sep
14%
14
*
*
58
2
300
—1
5%
.
6
11,925
88
1,285
& Pap Ltd com
common
j
,
14
12
100
Columbia Pulp
Company
;
^
6
Butterfly Hosiery Co Ltd^saui
—1
Calgary Power Co Ltd
:
Bread
Canada
&
Canada
Co, Ltd coni-i.
Dominion
Malting Co
Canada
pfd
Northern
-'
Sugar—
Ltd——.
4
Packers
Power
Ltd
7%
*
10
195
Pap Inv Ltd com_c_»
?
25
;
210
,.100
a :
203
Ltd—
„•
100
common
1.75
12c
V
90c
•
l.oo
21c
30,000
5.30
'
15c
i7c;
15c
'
13o
100
Fairchild
■
*/
.
'
'l,
•
Royalite
10b
Nov
38c
24c
Dec
60c
Jan
3.65
Jan
50c7 Deb
/' 1.45
Jan
Aug
u_l
—
1——.1
—
1-07
2,830
2,000
..
.
;
10c
6,316
...
500
9,000
-•
60
Jj
Company
STOCKS
Faper to
Ltd
Co
25
20
175
20
Pauls- Service Stores.^
k-Z*
Power Corp of Can 6% cum
1st pfd_20
Quebec Pulp & Paper 7% red
pfa„100
Sangamo Co Ltd—_
&
•r
^
—
-
»
*
*
•
—
Arno
Mines
Aubelle
v; Bonville" Gold
>990-
28
150
102% 102%
14%;
15
64
28
-•
18%
uW''
;
15
29
35
■
Jan
*104
Aug
Atlas Steel
•
Mines
Atlas
12
;
70
285
80%
9%
10
300
11
11
12%
775
19
19
50
new
i
8y8
_1
32
32
1,500
19%
20
100
110
Jun
July
95%
1.25
28c
,
v'v"
"
,»W
19%
250
121
122
20
25b
25b
1,367
33
25c
;
Mines Ltd
Geld
9%,
20%>
17%
class
A.
92c
9
9%
'
275
20%
20%
19C
.26C
:
,25c
36C
73C
"
70C
77C
150
4.20
4.25
11%
11%
—'
y
'
5%*
*>
500
.
..loo:.
.
5%
22c
Jan
87b
Feb
50c
July
Apr
10% Nov
Dec
Jan
55c
Oct;
Dec
1.02
•
Apr
1.55 Fen
46c
July
3.80 July
11
* Jin
62c
16c
7.25
.Oct
"5
Feb
12% Aug
Dee
:
200
7
7
11
24
24
15
15
40
14%
Bear
*8
V
Bell
Jun
>
3c
27c
15
:
.
6% Ahg
60
3c
?
Dec
ll%c Jan
27c
I "500.
27c
Dec.
6,000
37c
Dec
47c
8c
9c
2,000
8c
Dec
8c
;r-".
,30c.
500
5c
Sep
18c
Mar
1.00
Apr
Nov
July
16c
'1
,12c
Dec
15c
Jan
24c
27
Oct
40
32%
2%
Apr
July
1
38 Ya Dec
"32% Feb
6
Deb
Mar,
:
7%c Jan
22c:
Jun
18
'400
A——
24
Jun
Of
Quebec Mines-
-—
...10^
1,
ido
&
class
Sons
A
—
—
1,000
,
28,250 '
21,000
,
•
4,500
5
29c
30c
14,000
•
.18
18%
715
J.;
-1.50
1.61
4,500
1
4.05
4.40
28,000 -
1
1.05
5c
16c
•;
Ndvi
Dec
16% Dec
17% Dec
75c
13c
Nov
July
Jan
60%c Mar
S ,28c;, Apr
88c
Dec
'
45c
Feb
Blltmore
Hats
12
45o,
IDbb
'
:
—*
Preferred
155
■
Jan
14% Aug
Jun
"21
25-
*
common
Nov
72c
03c " Dec
;
'
24'A
:•
May
'
Blue
Ribbon common.
M*;
>5
*'
:y,
;;
—
:
—
Gold
10
94
1———*
14%
Oct
30c
Sep..
Feb
,
Bobjo Mines Ltd.—
Mines
—1
13b" "NOV"
19,790
550* Aug
3ocr juiy
"10,100
9c
'2,0001
:Bonville
*
Jan
30c
Dec
'
6,000
10c
1,144
TBoycon Pershing Gold Mines—^———•/
39V?C Jan
10%
July
*
'Bralorne Mines, Ltd—
-*
1
4,590
Brewls Red Lake Mines
120
-v;..'3% Nov
20V4, Jiin
13 % Mar
Jab
30 v2
.
•
V16% Jun
Aug
26c
Sbp
156
4,800
—;—
Feb
18%
Sep
•■>2% "Nov
4,500"
Brand & Millen class A._—--—i
*
it Brazilian Traction Light dc Pwr com—*
Brewers & Distillers—;
5
'
32
Feb
-
1.85
British
American
Oil—
Jan
British
Columbia
Forest
Brit
2.25 July
16o
23% May
July
July
Aug
32
47c
5,000
.
Dec
Dec
55c
19,200
216
Jun
15% Feb
t 1.45 Jan
Oct
Aug
17%
36,900
Jiily
£.65 May
Oct
8.00
70c
25
*
1
—I
Bid good Klrkiand Gold——i.-^———.1
46
Nov-
170
1,800
Gold Mines--
' Jin
32c
■
1,654
1.64 Jqn
July
31
25
38,300-
Cahjida—— :
Ben
57c
30,800
Yellowknife
Telephone
Bonetal
10o
88c
"
Feb
58c
■
21% Jan
20
Exploration Ac Radium.
Bertram
Jan
8c
7
July
July
12c
635
Berens River
Dec
40c
38 c
15 %c
"4,500
Power
Bellcterre
29% Apr
<
40c
6.6001
of Toronto«-u—i—
Beaulieu
■}■-"• 500
H
1.06
4,000
99c
Nov
14c
14c
1.300
10c
Dec
63c
72c
10,300
50c
1
32c
32c
3,000
32c
Sep
Dec
61c
'
36c
1;
Mines Ltd
Jan
1.70 Apr
:
'
Bank
36% JUly
88c
1
,'V
.320
Apr
30
28C
;
V
;
25c
40,900
Beatty Bros class Bi——t-r,
25c
Ltd—
Apr
3% Feb
•
Obt
,
8%
8,600
100,100
550
Apr
88c
Mines
102
,55c
Oct
9%C Dec
July
-905.
r
23c
o* Montreal—i¬
Bank of Nova Scotia
May
.12%
,
50
25
23
1
Ltd
Jan
Jin
12
Dec
-
19,100
lo' io%
io'
Bank
Bathurst
1
Mines Ltd
Mar
;•,• 6e
v
*4,066
Jah
30c
•
Feb
;
23c
85c
24%6 Feb
68b:' MM
,
1,000
Base Metals
7
Jan
Mines—
-
,46,800
:
Mines
JUn
132
43c
Donalda Mines Ltd
Jan
1.00 Dec
22c
17,100
Bitr<^lonaTractlort-i.r__—
49c
1
92
.
27c 29 %C
20c
.*
Oct
July
;
.
Feb
Jan
:30c
90- Oct
6%. NOV
20c
•
*"■
—*
i
May
22c
Ltd
„.
.150
J/
43
9%c Get
Cortez Exploration ,J
Cournor Mining
Nov
•
500
50,200
J
—
41
1,500
Ltd
48b
.
.85,000
28c*
..1
1
—
Class -B———.<.-—4.—
Bagamac
Oct
2,500
Mines
fic
July
July
:
;li2% May
-
25
25
14%
22%
22c
Beattie
7o
1.95
Nov
9%o
13c.
6%<r, 6Vic
.1
—I
Mines——
Mines
Fabrics
Auto
,
V'
Dec
34c
Mines
1.36 Jan
13
8.00 July
:90o
•*
17%
v
•
•
462
40
:
70
33
40
•
112
31
wU-''
32
30c
Cheskirk
:
'
1-
Ltd
2.40 Aug
Sep
40
.
*
1
Mines
JuJf;
386
3,955
.
$ 27%NAug
90b
i5%ci8%c
•
-•
common
Yellowknife
Aunor
15 ' May
25% Jun
'
Ltd
Sep
lOo
*
.1
—
Feb
19
1
Ltd—,
Feb
May
■:?: i;oo
1.500
..
Jan
26
230
26%
...11,500
16,500
12C. u
54o
Sep
Jun
ia%c
1
30
'
29%
5c
El Sol Gold
7;
54c
79c;
Aumaque Gold Mines__
48c
Gold
.':7C
:
May
1.85 Aug
16
10,200
^.20
a
Dec
Sc
Gold
„
,w
.
-.7%
.95
i.
15
21c
Mines
15c
54c
Mines
Auhelie
45c
Elder
8.85
1.10
6%c
—
.6.50
42
juiy
19c.
,2,600
"24c
27JA Mar
2,210
f
10
1
Eldona
^
99c
11%'c Feb
Dec
129%
1,060
215., ..^.355
.70.
27% ;
1.48
29,400
10 %c
,1
18% May
V
1
Elderidge
u.
t- r •
Astoria Quebec
Athona Mines
1
Sullivan
■
common—
Mining
Feb
Cartler-Malartic Gold Mines Ltd—
East
■
May
10
1
Mines
Centremaque Gold Mines Ltd
Century Mining Corp Ltd
Mines
m
e
17%
Central Cadillac Gold
Dome
■
Mines
47%
...
10
19%
15.
-
29%
——*
Bouscadillac Gold Mines Ltd—;
Consolidated
23
;
Jan
"
Apr
124v:Jan ■'
107
July
"
28
92b
-
2ic;;
;;6,6oo
Bevcourt Gold
L^d—
Gold
6,600
:
-
Apr
40%
'
Jan
15
-
Ltd
Mines
Band-Ore
Ltd
Gold
Berwick
Mining 8tocka
-
_
Armistice Gold
,13% Aug
63d
14%
'■; r-
& '
-
r
42
13%
.
United Distillers of Canada Ltd—
._*
United• Securities Ltd,.;
—i—i;—_100
Westeel Products Corp Ltd
•
Windsor Hotel Ltd
■
Warrants
Arjou
'
4l%
14%
Bouthern Canada Power 6%
pfd—-100
Southmount Invest. Co. Ltd—
.....
'
625
;llc
Arntfield
.•* ' '*42
_*
i__
May
85% Mar
205
Nuclear Enterprises Ltd—ii—w—*.•
pfd
-
500
-
1.06
;
.
Preferred
May
It
v
-
69%
common
-
21
•
1*
Corporations cl B
; 35
25
-t—
Thrift Stores Ltd—
Union Gas of Canada—;
.34% Apr
266
*
195
27
—
Argus Corp
19%
United
——.
Aug
Sep
14%*
7%
;
Anglo-Huronian
Anglo-Rouyn Mines-—
Ansley
:
Apex Consolidated Resources.
Mny
30
10
Mfg
75
100
20
_5
Corporation,Ltd
Mount Royal Rice Mills
!2oo
§0%
.98b
Aquarius Porcupine
Melohers Distilleries Ltd pfd-,-.:
Moore
1.00
Area-;v
■+„.
Montreal Refrig &
Storage Ltd com
2nd preferred
——;
32%
1.30
Apr
•
Paper Co
6 %e
32
92d
10
22% Jun
.Sep
35% Sep
19% Sep
103
Sep
6%C Dec
.
108
6%c
.
Anglo Canadian Oil—
Jun
1
22
High
>
Mar
15
-778
37%-*-
32
Amalgamated Larder Mlnesu
21
%
5,903
8,400 :
20%
LOO
common-
70
»
108
lots
jo
14
*
980
Minnesota & Ontario
Paton
Ltd
37
t
-21% $
6%c
-•
.-.1
i
113
;•
,
'—
Aluminum of Can prei—
Feb
10
i*
Inc„
•■
:
S-i
u—
120
•
V
Rihfi Sine* Janasry 1
High
Jan
2,556
liacLaren Power <te Paper Qi-'—:
Maple Leaf Milling Co Ltd com
.*
Massey-Harris Co Ltd 6%%. cum pfd 20
McColl-Frontenac Oil 4% pfd
100
Orange Crush
1.25
1
25
J—
common-.—-•
—-——i
Aluminium
32%" Jan
17%
119
Algoma Steel common—
5% Nov
100
18
iiges'lDoidliitiis
Aug
•-•'44
.
*
Gas
*
Hubbard Felt Co Ltd A pfd;
Internat'l Metal Industries Ltd A
Intl Paints (Can) Ltd cl A
Lake St John Power &
Paper
Lambert (Alfred)
Lowney Co Ltd
Acme
May
1,680
Shares
ttm
20
com.
Agnew Surpass—
10%. Aug
130
fsrWssk
:——t—
10
a
—
Mar
liisi
Range
sf Prices
—20
Jan
167
100
Preferred
Jtily
60
.
20
new
preferred :—
n$2.50 preferred
Acadia-Atlantic Sugar
Oct
5%
;
Fiper
«r il.50
Akaitcho
25
.;
L—
Insurance
Jan
32c
Exchange
Week's
Friday
Par
ffkti i
MlfM
inm
A preferred,
Halifax
42c
run
List
14% Feb
100
*
cum red pfd-;
lOO
Mfg and Aircraft Ltd—
Ford Motor Co of Canada class
A——*
Foreign Powers Sec Corp Ltd com
6%
red
pfd.i.
^
V:
100
Fraser Companies.::..;.:
Great Lakes
Jan
-3.80. Feb
Limited.
Uartibfi
Jun
22%
MO
ul
pfd-
42c
?'>
•
Oil
Apr
24
100
6Ys%
4%%
Sep
1.49 Jan
^
13c
•
Jan
36c
Aug
Deb
Aug '
1.52 July
9%b Oct
8c
Nov
60d
■
800
21,400
Toroiits Stock
53 - Sen
'19%. Jun
7,119
Fleet
(A J)
Jan
Apr
21% Dec
4,000
Mines
Dec
45
;fc25
20
Fanny Farmer Candy Shops Inc
Federal Grain Co class A-~tLk
Freiman Ltd
'&35':'.
'780
,
*
•
42c
-
12% Dec
Homestead oil s Gas Ltd
Jun
;fe4% May
405
'
;
Aircraft 'Ltd
37c
.
Nov
Aug
May
1,000
.
Apr
23
1
.*
"•"Eastern Steel Products Ltd—
if Esmond Mills Ltd preferred
7.80
11.200
Jan
15%
22,285
*
Paper CO Ltd—a
32c
50c
i
%tock»J
Jun
Feb
46c
Sep
12 %c July
1,500
„
2.22 May
3.85 Jan
Aug
4.60
11,000
,
Biillivan Cong Minea Ltd
Villbona Gold Mined Ltd——:—
OA
8c
13c
500
17c
Btadacona Mines 1944 Ltd.
Westville
1.09 Jan
1.70 July
39,400
19C
i
Donnaeona
Jan
1.76 May
1,400
13C.
5.25
1.50 Jan
,v»
Dominion Woollens & Worsteds
12j/4
Sep
5,300
1.78
,
Sale Pries
•j
7.50 Jan
Ltd——I
Mlnes
Jan
20
385
—
Sep
*
2.50 July
7.50 Sep
Jah
'
6%
14'
•
Works Ltd
; Dom Oilcloth & Linoleum Co. Ltd
Dominion Square Corp
Jan
4.25
1.00 July
700
1.83
1.75
—I
Mines '
Soma-Duvernay Gold
Feb
"75
50
David & Frere Ltd B~
Dominion Engineering
Jun
Feb
43c
•
10
205
_^i*i^^__2.50
—_
42c
26%
Oct"
16% Jan
500
•
Consolidated Litograph
Consolidated Paper Corp Ltd
V
""
^100
Alcohols Ltd
3,400
Standard Gold Minek Ltd—
Jun
62
10%
1.10
1
1
Gold
Siscoe .Gold Mines Ltd
Jun
w
10
-1
i-v
—
Yellowknife
Santiago
3.80 Feb
26,440
•
'iaiii
Gold Mines Ltd
Dderdging Ltd
t_l
Mines—
—'
Shferrltt-Gordon
Jan
43%
174
85
■
'J
5%
Feb
-;,17% Feb
12c July
16,250
Fochfette Gold MMSk Ltd-.-
4% Apr
18 Va Jan
;;;i4o
Co
Preferred,..—.—^
•
Jan
950
Wines
Quebec
Apr
15
Cadalllc
Pitt, Gold
Aug
70
8
4.95
,
Jan
2.24
13% Sep
2.85
1.08
July
x; i9c
180
12,500
1,500
Quemont Gold Minihg——.——i-i-1
July
100
*
——1
Apr
:
9c
1.15 Feb'
11% July
9,000 -
14
2.65
Dredging
65c
45c
200
16c
.
90c
Dec
19% Feb
Dec
3%<j Deb
7%q Dec
4,899
3.90
■—
Pato Cons Gold
* Feb
—.*
13
58c
10% Sep
"
32c-
30c
1.15 Apr
80c
Jan
July
Sep
26c
1,000
13 Vz
15c
Ltd
Paramaque Mines
$0- May
18
Mines
Cons
Pandora
44
30
—♦
Mar
2.05 Jan
Dec 0
60c
58,200
'
78c
13 Va
Normetal Mining Corp ltd-—•
63
Aug
113% May
May
i 19'A Apr
3%c
IOC
Ltd.
O'Brien Gold Mines Ltd
Nov
150
Consolidated Div Sec class A—i.*...
Preferred
6%
225
—•
Apr
58c
;/■;
29% Feb
50
Claude Neon General Advert Ltd com_*
Commercial
Dec
10
l
Westinghouse
Chateau-Gai
i
85
.
1.45
Dec
20c
'33c
5,145
73c
Mining Corp of Canada Ltd
Nechl
Apr
_10'0
preferred
Jan
49c
,
'
39,100
1,975
:
3%c
i
Mines—]
Mines
Macdonald
11% May
2,100
Canadian Vlckera Ltd common
7% preferred
Canadian Western Lumber Co
Canadian
6
Shore
Louvicourt Goldfields
Apr
Apr
108
Rowan
90o
31c
7%c
—
20,600
13Va
Lingside Gold Mines
Apr
8
104
—100
Canadian Light & Power Co
Canadian Marconi Company
5%
Lake
5,000
75c
Mines
Lake
Jun
77 y2
Sep
Sep
VV- 85:
*
6c
7,700
60c
10%
Kerr Addison Gold Mines Ltd
Apr
'
Industries common——*
Pow &
NOV
8% Mar
bo
pfd—100
Xt: 7% preferred
iiaij*
Canadian Ingersoll Rand Co Ltd
V Canadian
•
Ya
Lake
30c
36c
25c
Joliet-Quebec Mines Ltd
July
11
915*
Canada Vinegars Ltd—
Canadian Dredge & Dock CO Ltd—*—*
Canadian Gen Investments Ltd
.*
Canadian
Jack
Feb
Jan
17%
•
.
105% "Aug
_*
■* ■
A
class
Sep
20c
J-M Consolidated Gold Mines Ltd—
Oct
17
28%
Dec
67%
275
■
Canada
I
*
49
100
6 %
7V4C
Sep
Nov
34c
Hollinger Consolidated Gold
Packers Ltd—
Class B
Canada
16 Va
Jah
1.720
27 y3
Dec
60c
184,050 :
High
~
13d
51,700
60c
—
;
Heva Gold Mines—
20% "Apr
3% Dec
W.
Miner
Mines
Hudson Rand Gold
Apr
8
25
200
Vancouver Ltd
Oil
Low
3,000
91°
6c
God's Lake Gold Mines—i
12% Aug
6% Aug
20
Brand & Millen Ltd A
Brand ram-Henderson Ltd
Goldvue
Dec
10
100
5Ya
6%
Range Sine# January 1
14c
75C
Found Lake Gold—i
Jun
12
50
11 y2
6%
Shares
High
140
High
»•
,
150
preferred
Preferred
Range Since January 1
5Y*
Bathurst Power & Paper class B—■
Belgium Glove & Hosiery common
v
High
Ltd
(1945)
Formaque Gold Mines Ltd—
11 Yi
.
Brown
Shares
.8!/a
Atlas Steels Limited———
Auto Fabrics Co Ltd cl A
pfd—
Class B
—•
Brit
for Week
low
Acme Glove Works.
'
Fontana Mines
of Prices
'
Class A
Balsa
Range
Bala Prloa
5%
low
Week's
Friday
Sales
for Week
Rsngc
Bala Prlca
1.36
1.45
Feb
Sep
' Jan
Class
Class
13%
B
29%
30%
785
700
l—1—
Jan
British
Oct
Broulan Porcupine
Oil—
Mines, Ltd
17c
18c
:V'X
*
*
28%
-
Sep
Sep
Jan
Jan
5
17% Jun
Sep
Nov
11%
*
Jan
35
2%
Sep
6
225
B
Dominion
2%
155
Columbia Packers clas9
British Columbia Tower class A-—
ii
25
953
7,645
28
6,000
13c
40c
65c *
July
Jan
72c
Jan
Oct
12,555
Jun
May
5% May
—t
■ySiji.
Tor
footnotes
see
page
3325.
rjrrrr
Trrrm
iaiabsl
£jl«i;D
'
tyM!*!.1*'Si.
£:
Of
V
-JK\ Utilii
.
i
-j i
t.*:r
A
'*
'Volume 164
Number 4SS3
THE COMMERCIAL 'ft FINANCIAL CHRONICLE
'
3323
CANADIAN LISTED MARKETS
RANGE FOR WEEK ENDING
DEC.
20
i
:V
>>>>>;>:'>> vly.,,. »>■ >■•> ■ ■■ -V> '■:> >>;,
STOCKS—
'>>.
■■;■
>;>;■
.
s
/'-^Friday
Week's
Last '
SalePrlee
.vr-f-.■ :>■,
'
Par
.
Buffadlson Gold Mines,
Buffalo1' 'Ankerite_i—
L20
" '4.15
Buffalo Red Lake-Mines
BUlldlng' Products,,.*.,;
17Mao!
a.
r*" v
,"„t-
.
r
Burns
&- Co
i
—
class-A
♦
-i
i
s.
V.CJass-B
31
.
*
12
'
31
27
,
' 15
"
12
.
j
15
1
>32
-
131/j,
'?
30c
r~'
r
-
1
-
'■
25C'
1.75'
,
•
Fion
1-
11c*
-
>:*•■:
-
——_
.!
•
t>
■
^
....:
class A———*
v
,
39
Gknada" Permanent tMortgage-iii^.100
Steamship corrimon_^__„_____*
%
"Preferred
15
i
192 ' "
15
,
325
Canada Wire clas^i
•
;
"
'Class' B
Bankt of- Commerce——w-10
Canadian
Breweries
Canadian
Canners-
common
-23V4
♦
;.
1st preferred
30
Canadian car ds Pdry fcommon~i—~*
■
♦
■
■■
:
Class
1
-
-
^,v
-
•
42%
'
15!% '
a
,
u'>(*
;
/
.
com A—.*
Canadian Oils fenm_.
*
Canadian Wallpaper
> ^Class-" B
70c
•
.
U
s*
'
'
25%
Trethewey
1:.
Cheskirk
Research 1.., ^
"
Minesi^.^-—™.—x'
Chromiom
MineS--w-'«
-...
55C
3.90
•
Jatt'
.,
J
67c
common—"
;
-■
CHralam-f
'"'i
-
L-^r
:i* ;
'
70c
-
Dec
.
11 Ma
Dec
Great Lakes
—————i
Rubber
&
.r-V-V1--,
11c
GoastalvOilS——J--—, i-.
.
cocfiendur WlUans Gold Mines.^.^.12.85
•Cockshutt :Plnw^r;<i
.a:.,.,.,..•I.j:;.,.
.:r.^- r%•
.
;
40c
- '
■
!
13%
25c
,
.
■
A.1""
-
'
-
..
;
'
,
Consolidated
•
_—™_100
'.Grestauraum..
-.
-
Croinor
30c
Jun
Jun
Greening Wire
Jun.
Gypsum Lime & Alabastlne
Halliwell
D'Aragon Mines
Davis Leather
;
Denison
class A
Gold Mlhes—
—1
Mines
Nickel
Distillers -Seagrams
Preferred
1
Heva
1.38
Home
Mines
Ltd
Bank
-
common—
Dominion Foundries <te steel
18%
>
•
Dominion- Steel rciass
•
Dominion1 Btores
Dominion
Tar
27%
common—-
Imperial
/
,
Crest
East Sullivan Minesj
•
Eastern1'Steel
■
-i-—i.
<
Economic
Investment^ Trust-i-.-j;—25
..
<■
' --i.
.
i,
Elder Mines —iii———i-i—
El Sol Gold Minesx-—i.-—1-
English Electric
}
'
1
<•
'
'
■
'
^
11
'
x
Palconbridge Nickel
■■J
"
,
'
Grain
•"^deral
For
-
^
" "
7 %C
7 %c
20 Ma
21%: ; •••'■•"-t-345-""
•
—
10%
lOMa
class
A 2.40
2.40
2.45
——10c
9 Mac
11c
•
■
V1
,
4%c
—
50c
A——
**
—
see
page
'
-
'
805
>•:
-VV-'..•
■
Rlrkland
,
-••••
:;> />
~125
*
37
-
-20%c
'347 37 Ma ;
14M4
__
-100
35,375
20
;
"V'
"Nov
83c^
Sep
-370" July
V1" 30c" "Dec
23
.
>
48
—i.—
Lake
Laura
73c
15c
51
.
--127
'
•
49 Mi
V
51
9V4
-122
l'
■
'
18
-
-132
1,980
?:">:V
IOV2
-
5,500
.
'
/
.
450
3,355
-"'435
7c V '7c
77/aC
'10,700
!; 'V'7% :'V fcVi7% V' 7% ;> V 880
6.35
Oct
Sep
5M4 Jan
90
7c
"Jan
Nov
V-7% Dec
65
—-—1
11
Sep
>"134 ""Aug
V.24c
Jan
„
•
8
-'"Nov
'
Jan
v
-
4
;
.
f
July V
45c
18,950"
79c;
?
2.25 "Feb
•.
'4C0OO
'
7
•
:
-V
1370 Jan
5,350
3,190
257/a
37c
'
9c',
Dec.
v
23 •• Nov
—26c....Dec
11M4 July
1:76 Apr
17% Feb
Dec
;>r:1.00"Sep
...
47c?
.
10
—37c.
51,868
v
40c
^ 44c
26,280
—
90c
90c
;v
500
.23,750
1.33 ; 1.40
16c
19c
■
,
•
26
_«
4
'30
>
>
2.90
■?-
67c;
-*
-
38c
13c
3
20% ;
10c
10c
20
140
v.
26Ma Mar
> 8.00 Feb
8.75 Mar
5,55 July
V-118,100
"
25
Oct
Nov
7c
<>525o
-20,200
15c
Oct
.
20
50
40c
1.46 Jan
19c-Jan
Dec
6c
1
600
36c "
;
>
4.25 Dec
13
.
Jan;
May
11
i 62c
45c,. July
4,024
*1,200
;
.
.
,123c! July
v
Feb
29% Jan
.
,; 4.55July
■
5.65
5.65
20%
—
1
7c
,
—
1
70c
6c
13%
14%
4.30-: 4.50
4.50
i-.—-L.^——1
-k..;,
...1,280
.15,577
V; .2,800
'
3,700
—
;
—
43c
.,.34% Mar :
165
5.85
36c
14Ma
———*
26
5.55
Dec
Jan
:55c
Oct.
14c
•
2.30 Jan
-1.16 Sep
.
Jan
?
44c
35c.. Dec
90c.-Dec
.
.5,300
25%
'•
36c
70c
—1
——-
Secord
Candy—i———-v
T^rlnHIn
Loblaw
class
GrocetenaS
19%
3M4ol,
L.
i
^
July
Gold' Mines^
1.27
1;65
1.80
31%
•
2.85
1"
ijnx Yellowknife"Gold„L,
323A
30Ma
33M2
—1
33 Ma
;
—,
:
>
-
MacaSsa
———————1
—.—
MacDonald
Mines*
May
20c1'Sep
71c >8ep
i-j-i
v—
'
MacLeodvcocxsnutt Gold Mines:
1
1.72
1.65
Madsen :Red
1
3.20
Mines—*
Gold——i.—;
Malartic (Gold Fields
Manitoba & Eastern
•«,:——i——1
1,
!
*
•
.6,750
3.25
35c
40c
1.80, 1.85'
—
■'
--v'
1
*
•
-j
'■
r'
*
';
1.85'
3Msc
—"
\
•
V''),: v«^
!
90c
89c
95c
20o
18c
—
12c
23c
12c
17%
18%
v.
28
28 /4
v
Preferred
McColl
■v
Frontenac
New i%
—
—
Oil
preferred
——20
-7
common.—-+■-*
—
.-100
:,V 18
>••••••-
-—
19c
•
2.50 July
•
Oct
15c
45c
35c
1.50 July
3.75
5.45
>' 95c
:
Dec
35c
•
*7.50 Jan;
2.45 July
>
Sep
Feb
5.00 Jan
Oct
2.70
L
i
Dec
*
^ Aug
May
••f 8«c "Apr
-300'July
2,425
2,000
3.75
1.50 July
.
;
J5 >
13M2
49% Jan
!
3c -Apr
10c-
July
Feb
Jan
Jan
Jan
May
1,850
c,>15 Mac Jan
6,100
60c
July
99,700
1,000
:
18c
Dec
9c
Dec
8,735
1,090
A'1,068
103
10
102
Dec
17 Ma May
July
Jc 6%c
>
100
July
5c
1,818
14%
:>^f24 :;;;>'24^;24%
—
;
36
34
v
*.
—————1
Martln-McNeely Mines.
Massay-Harris common—^
•
>•'*■ 4.45
1.02 July
40
•
3M4c
Gold——X
Marlon Rouyn^
Jan
Jan
26%
•
5,400
|4Ma
Marcus Gold—
:
> 27%
6,680
.
Maple Leaf Gardens—
———-*■
Maple Leaf Milling commoni——*
Maralgo
1
-
1.46 Feb
20,200
1.72
Jan
37c
July
-3.45 Jan
37,460
21c;
3.10
Lake* Gold
Magnet Consolidated
18c
Apr
8M2C May
> 1.55 Jan
■"
1.20 July
Dec
>
68d'*July
.3,560
18c
210-
•
->v 1.50 Oct
13,000
3.10V 3.20
3.85; V5.00
3.15
»
•
15c
'23%
Sep
Dec
I-..V3C1
290
24c
19c
4.70
:^—•■„ a,
Macfie Red Lake
;
Dec
19
-
680
-24,300
2,500
-
•
>
3,800
-
31%■
2:60 ? 2.9034o
35c
•
22c
;
5,500
3,330
4,000
*'-32,000
.
31c
30C
1.15'
12c-
270
:
3 %o-v
4c;
1.30'1.35
1.75
••;;,■
L-—
20
-
1.20
•
A___.——*
v,
Lundward
,
12c
30C
Class B
■
• -
ftnlrt
Louvicourt Goldfields L
May
»:■
41c'
n
.
•
30c
36o
13c 133/ac
1.40
a---—•
Lingman Lake Gold Mines..
Little Long Lac^Gold Mines Ltd
Feb
22% July
43%
*12c*" Dec
.
lie* May
.4,915
>,3%c>Dea>
Feo
117,574. V.^'36ctrJuly:;> fi> 65c
29c Jan
6q; July ;
: .2,500
40C
.
i—.1"■Leitch Gold Minesj Ltd.—..,——1
V
36Jan
Mar
41c * Jan
■
_
17cj
257/a
—
30C
"
;
Apr
2.09
>
6%c'Decv
,6,300
,5,000
"
3.85 Nov
12
^
13c
'133/ac
Lebel;Oro
-.!-
22% Aug
!"71c
27% Jan
>
Ma Nov.
Dec,,
/.,48c
9,500
9cr
13c
14c,
3Mac4c1.
48c/' 60c,
'' -7oi *®yac,
—
1
—
.-m
'
Jun
M.38 Sep
r 1.45- Jan
Dec
13
35% May
"•>'47 »Feb
"Oct ■>
.
"
8Mac
———-———
4.60
.
1.65 Jan
-
r oct
526
> 29
Feb
Jun
-Jan
80c
Oct
.62c
•
;
Jan
17
'
Larder '"U"
-Apr
•-
19c ...Dec
.3,100
145/a
17%
V '>i"157/a
;../!_>*;-<.!.V >!'.-':
8%c
-
—1
Lapaskai-Mlnes
nl5%5Aug
v
Jan
12% Nov
100
8.9Q7
3.013
■•"■■■Jun-:
110 * • Aug
.26-
.
i
.->">445
>
•
Jun
>>15
.
Jan
8,700
.
48c > 55c
' '>
a._—47c '
Lainaque
Lang - &'"Sons——
Lapa Caddilac
4.60 Jan
•14 Ma
;
9% Oct
05
,,13 > Dec
12%, Oct
.
Jan
,
.
:L785
68c70c
28 Ma'29 Ma
11c
-
5,775!
15
4.40 Jan
! 35c
74c
Jan
36c- July
1
73c >Feh-:
30c
Aug
34%- Sep > >> 50 ' • May
: 7c
>•800 - Jan
July
"
100
13
14 Ma
20c 20Mac
> 53c
;V
1
Co———•
Lai Lux',Mines
f-rl3c' Jan
Dec
4,500
1,520
26,600
27 M4
14MaC Jan
: Apr
19% Feb
J
Lake Dufault Mines Ltd.
>*>•3.3^ •-Jarr
"
•
>"
,
:
Dec
>27
Sep ;■!
Nov
0c
79
14
^
4M2C" Dec
635
—1
Labatt (John)
''V^82c-',";Feb
-
r-75.
3.60 Jan
\;25c; Nov
-2.35 Nov
24,600
.
13
15
Labrador Mining & Exploration:
—1
'";Tiaguerrt-:Gold*:Mlhes—-;
^ke Dufkult Mines Lt<K.——-^^.——l
Lake Fortune —i—
*
:
.88o<rMay
,
53c
12.
14
•>
KirklandTownsite_ii.u.
28% Jun
30% Feb
8% Nov
13% Oct
.
'
-
39
20%
T.lS July
t ?30 Jtily
—
•
•
32,500
—27M4
127/a
12s/a
klrkl&nd Golden'Gate^.——4.vLLii—_1-
s
1
3325.
.
SOo'July
>5c"" Oct
*-4,000
14%"!
1
^
vio,ooo
-10,200
-145,450
10
11,700
107
Petroleum—<
-•
Kerr„Lake-
v)28Ma July
<;<V'20 vJulyj
'
1,685
»-3,545
V
106
107
1
'Hirk -Hudson
:
""*1001 Aug
•311,500
30c •: 35c' >*24,500
23
23Mi
135
•
-
&£ •' "* ^>
•23
May
5,200
41c
Jan
.
92c
.
6c
Sep
"19% Nov
-
5c,
49c.
—
.
100
Uranium Minings—.1
A
1.85 Jan
1.85.
-1.18 JSep V
Oct ,
51c
"
Jan
69c
>
-15Mac'Oct"
•
Bank__—__—_—__—.—10
Kelvinator
V: Feb
>>2.40 Sep
4.10
1
:-!>".>• 7
85o -*■ July
1.74
2.70 Jan
30c
8c- "Oct
19c-July
-
—800'"'
•
11
Kertr-Addison Gold" Mines
^109 ft July
",,-80oi"July
17Mi
—10
> Jan
Nov
*
-
7 %c
*
-
>
Juq
350
4.60
—
T3
Apr
—
2,200
—2,000
-•15,300
i-.——J•
*Ktaville 'Gold MInes--Lt————1
May
10,700
20Mr
'V^'
10
Mining.,—
Nov
Jan
45c
97c"
•
9,015
>
-30,700
-
V^19%-Jun!'..
>-'89 f Jan
Mar
"23
12c
33c
1.27
18c
r—75c
Nov
1.90 Jan h
161,850
17%
preferred
footnotes
'
;
89c
•
Bi"
•
——iilOO
Kirkland
'
30c
:
"Jan
"23
.31c
July
Feb
1.55.
37
-
^
common
Preferred
--Fibre Products
'
>20
•
Dec
16c
30,000
•
16 Ma May
1.24 Jan
12c
15,000
1.09
10c
—
Mar
3.05
^l.62:
——•
——
Famous Players new common
Fanny- Farmer Candy Shops
Federal
■V
34
class ;A—————-*
'
300
•180
1;::;> 1.051.05,, 1.12
1
70c
63MiC
75c"
Eldona* Gold Mines—L-V.
Nov
^',l2MaMar
100
25
14%
Eddy-Pftper-'—20' * 20%'
;
•
v;
10c -Jan
12% Feb
.
!
49c"*'Dec■
-10,900
18c
98c
Jasoil' Mines —a—.LL—! 51c
"JelllcoS Mines
Joliet< QUebeo
>'32Mi Feb
>>30:Jun
'.27
«»8ep
*•<103% "Dec
1 3 V Nov
1,670
:
25
4.05', ,4.45
■" 9'A
9%
V
37
>
15'
■
39c
•
4.30
Easy Washing—-'—i—ii—1—-j—_■•
-
16c
Jackndfa———————i-i:—*
jack V "Waite .i.—
1
N..5& f.75^ug ;
,13
.
70
> 5%o ,6Vac!
1
15c
18c
Gas_—_.._—1
:
'17%Dec
24% Jan
-
1.80
1 -'
I
54c
502,880
Jacbl^t Mines-i—
70eVJun
10
19 %c > 22c
_
-
18
:
13
41c
!-
:
1.45
*19%c
-11
sn ntvi-
—— 1
•
350
92c;
International
'
,
•41.48 -Apr
30 Ma July
^15,
.700
207
74c
•
International
V
JunA
1.4a
•
1.45
—-ii—•
i.
.—
34
'126
.
4c July
6%'Sep
9%r Sep :
•■
2,000
*
90c
-
"
Sep
Oct
•
# Sep VVv
; 13
•
20MaC Jan
'
-1.48
East Ampht MinesV—ii—uJ-iii—1'
29c
Dec
1
27-.27%".
25
;
■East
>
8Mb
10%
16c
t
*.
v.L15»Feb'
Nov
,
69c: Apr
18% Jun
'
'
Inspiration Mln"
naval
.
.»
1
__
•
V international Metals class ;A—LLi.—«• > -29 Ma *
international Nickel Co common.^—'37%
•.
Mar
60c
360
>'.7»Feb
R*>n
"SOMaCJuly
19,960
3,400
1.26
Ijake
Indian
1.75 Sep
16
4-
24%
'
'
.
86c
••
-
.
105
.4,505
15'
14
,
VVr-Votingstrust trertificales„i——I—!
25
Dominion WoolensAilsi-—ii.iU.ji—*i-'V'' i_
| East Malar tic Mines—,
18% V
;4
"l4%*
'Doiiaida^liines Uya«
,i„*
1.
Duquesne Mining Co——————1
Duvay Gtold Mmes-u.-i-i--.--l—u-.l'
>
-
„
Imperiar Oil
Imperial Tobacco of Canada erdinary.B
Imperial Varnish comimon
*
Feb
75
.1.0,150
i-Vt
200
Jan
Jun
70
Jatt»
•.
Jun
26c
>35% Apr
—Jan
>!42 >*
•
Yellowknife
Apr
1,255
-
*
12 Ma
9c"'' Nov
•15
31c
1.25
Huron & Erie common^
Jun
f
V"70c
lioOOct
5,550
'
29%
•
-15'
4
•—••'•
•---
Oct
31 Ma
33%
104% 104 Ma
•
BL——-25
iUi
29
33%
Dominion
Malting pfd
———100
Dominion Scottish Inv common—
_l'
5
12c
1:09
1-
Oil
Hunt's Ltd
Apr
> 32
;
■>
Mar
1.20*
17%
■
'15
——,
com
5o
->49c
12,000
^
•
——T—10!- -129 Va
—
Dominion .Fabrics
'103
v
•Vll - Sep
V l;50- Oct
36,900
19%
1.10
^j
Dec
44,500
.65c
-V:
8c
'
*'
HOWey Gold Mines——•;
34c
34c
35o
Hudson Bay Mining b Smelting—
•
*46% >. 45%
47
Hugh Malartic
——
—1
'
9%c
9c 10M4c
;
2.75 -Feb
1.27 -Nov
V
.
29% Jan
.
1,100
.
107 107%
■
lOMa'Sep
.1
Hosco 'Gold Minesj—wu,
■
"Dct
65c
*18'A
18%
•
"POVaMar
49c
17c
—1
Gold, new
Hoinestead Oil' &
;?'51d"5;May
July
.SOo^May
v t14c
>335
•
;
12%cMay
125 C May
""4%C*Oct
"105
490
>10
,
12c
Bollinger Consolidated Gold Mines____5
Jan
^V6.oO";Feb
1.00
460
Jan
1.15 Apr
July-
1,000
16%
7%
1
i.*——1
wi—i-i
Hinde &:Dauche —x-v..
Aug
■!■ > ,L05 Jan
;.'?l40c:>OctV
...
33o
•"520
5c
4%<5>4%c
8Ma
——>1
—
v—
Highwood
,
V-tf'19"v-'Dec
;
;
35c
July
ac
>
Feb
Jan
Dec
3.40
•■-'■-'v.■■
Highridge Mining-
v May
35c
Oct
.
,1.25
60c
•
Oct
20c^>Deo
.
w
112
15
'
Hedley Mascot'i-*
47c'Jun
L25 Deo
Vf*80o« Deo
1,500
;10c
51c 4:
100
^Div^rsiAeduMiiiiShg !• ju.----.-i.—*
Dominion
<9c
,
| 1V14
s' 60c
■
iOl',700
1.55> f.70
-<
'57c
common_________»
;
9c
30% >30% -it
-^11% -fl2'
1.^2
—
j
2lc>:30c
9 Ac
•
-
Dome
8.950
1.(70
?lll
ri
19,730
3,000
22,000
113A
12c
40c
__
>
*
Hasaga Mines
' Jun
25
Deo
;;^76%i
1,250
10,000
V*A..#'^li%.J
Dickenson Red Lake
51c
1.08
...—i——■
> 79c
'2.00 Jan
38c
5
480
16%
•
Harker Gold Mines——.l.V.
Harrlcana Gold-Mines
1
Jun
3.00'Jan
.,4
12,200
1.49
•
Discovery Yellowknife
;
51ci
9c
Detta Red Lake Mines
--
-
10M4
Hard -Rock Gold. Mines—54c
"1.90 Jan
Deo
25c
'-r-335" * .^,26
7
1.05
--------
ClaSS B
Delnite Mines
30c
1.44
a
>'28%c
Da vies Petroleum
25c" Oct
"
20c
5c
5
—
Harding
Jun
-
1.07-
.
3.30
109
10Mac
-i-iL.—1'
Hamilton Bridge
"Aug
.390
iApr.;,:
3,900
680 * Dee ^
u
1.95 Feb x
> 135:
Vv.-8-.JaiL i\"..'i-i,>22%;Juri
1.46
I,
20,400
>
t"
1.30
•
Gunnar Gold
,
30
20c
—^ii' >." ;! 516,
Pershing Mines.-——._V_-__l
Qrowshpre Patricia Gofd
■
29'
30'
1
i-_,
Feb
r
«o
830
4.70 Aug
4V 67c- Dec
B0cv«Oct
1,485
168%;
172 ■ 90c >
•r 88c>90cr'
17.
17V M7> :
^8dn#esfcCorrugated ..BoxL-i-L--,-^—4
Cosmos! imperial' Mills-'—'
Cournor
87- 89%
172
v
Feb
10,330
;40c
-
UMa
lOMaC
.
.
Mining?(fe;Bmeltlng^--5 :!..^^88'A
Consumers Gas (Toronto)
Jan
> 39c
Jan
63
"!V
-39c„KOct,l
i7,672
880
r»
.
25c
62
50o
Jan
V 2.90 Jan
Dec
12
'
.
Dec
Feb
Feb
July
67c ' Dec
63
28 %c Dec
•v
2.40 July
r
,
500
80c '1.00
!.
'
10c
2,800
Feb
25c
22c
87c
;:':?r:Preferred !-Lw-LLa—1•
Aug
•
-
-32c
1.32-
:
Nov
>•2,750
'3,715
,44%c Jan
i
r^lOcf-July >
550
NOV
16c
4,600
26 Ma
Headway Red Lake Gold—
,
i
18%, Jan
2,500
14,600
28c
32c
1.30
*
'
14,
540
•
500
•"
24
2.ia Feb
V
43o. Jan
21 %c NOV-
12,700
5,650
Jun
8.75
'Nov
21c
20,223
,
; .'
26 Ma
Paper common
Heath Gold
-
t l;41M»r
22,300
' *41C
40c
-
Colomao tTellovrtcnife ivfinM
i;
25c
Commonwealth Petroleum—^
COniarUm
'
1-,!* 1.30
Consolidated Beattie—
—u;—
> 89c
•
12c
> 5c
500
——•
4.40 Apr
.
110
10C10%c >
2.85 2.95
^
^
T?ft«n iT.Atem
,
■
'"3,400
5C
34c
„
Gofdon
May
May,
.'May
1.35>Feb
18%" Dec
30
^
:
' 2lV
21'
10%C
•
:
3.15
111 Ma
M^Kayclass A—♦
GraharrP Bousqueti-Li.i_4w-,A-**i.-_»«.l
—
Goodyear Tire
26y2 July
26 Ma July.
-
•
Dec
231,400 VA 50c •'"Nov
70c I'Deo
-1,030,
-
Feb
108 Ma
>,
5.05 July
10c * Sep
"
36c
>39% Jun
Nov
15c July
Vis 150V July: v
17,063
.
20 Ma
Sep
Deo
*105
30
<24%-Feb
1^0 Sep
..1.85 July
139,100
4.10
70c
I'70c!.
-
55c r
.
15 Ma
"
3,599
'
^ 3.30
—
Circle-Bar
"
;
*
5C
a-j——17c
i
Goldvue Mines
46-
2:50 July
3,950
5,800
2,000
"2,400
.
24C
22c:
23%c 28%c'
3.95
ir—r———L*;
—
2.05
20c
52c
" 64c-
1
——
24.
100
500
;
6-60
•
13c 143Ac
^
Feb
>'190
"
485
.
>> *
Jan
20
-1.45
*
27%c"
Cheaterville Larder Lake Gold Mines.-.!.
Chimo Oold
Goldora;
!
"
5.80
„
l
" July
>- 7% Apr
21% Aug
Sep
'
105% 105 Ma
—33c
„
26
VJan!
26
.18
800
54c
1
,•,
25%
17c
-U'
.
'
> Jan
3%
Jun
;
>"10% Mar
'
Goldetl-Arrow Mines
27
A
,12% Oct
10
1.95
Patricia Gold Mines
1
2.05
•Central Porcupihe -i—.
17c-
150
10
"
"
22
1.45
1.45
-
1
L--1
---^
^ Golden.Madltou Minesj
Homer
Central
Ceritremaque
24-
2.7O >2.72
-
,Li**
--
28
^
24
t{
r
13%
.6,490
125
22"
■
405
14%
24
.
x '
Canadian Wirebound vm*
CartlwiftiftftM
17M4l
*.«.
105
Feb
20
111
V Jan
390
'110
.
74c
24
-
23% Oct
50et July
.
50
27Mi
««.
*
"
70c
445
1,050
181
13%
.
class Aj—s
,
18' 18%
181
_
a-'
21
17M4
,
"14
-..v55
;
43/4
20
67c
30% May
vr20% Juu
•
^
Nov
12M4 Nov:
1,083
30%-
Feb
Jan
5.55
Dec
2.78
"345
Goldhawk
:
78
M13%
"T.740
13%-14%
20
-
:
14%v 15%
29%
j—100
4 Ms
' LL
->5.90
>14%o
..."
70c
.*
'
-.
Preferred— ^
Canadian Pacmd By_
Canadian- Tire
110% 110Ma
-
„
Ju
75c
6,500
-•44 V
Dec
-vJan
•<
117% Nov
.
Feb
Dec
,
l5o
'
,21
'-">12
25
?J£
1
;
14c
22%' -Feb.
54% Nov
765
18
43A
1
.--.v.
32%
33
6,940
•
*
■
•>,' Jan
35
Dec
Dec
?^20%- Jan
Sep
.18 Ma Nov
,
U,i35„
'
17
;
.
61c
Jun
12
•
65,: V 39% Sep
23
19%
14'
■r:
Chemical
^
12%
--.145..
15%
19
15%
Locomotive
Canadian Malartic__—i
'
21-
14%
2.90
> 19o
99% July
-
50
„
59v
^
'
-
^ClasS B
Canadian
Castle
58 "
v'75
42% :42%"
-
'
Canadian Industrial Alcohol
,
.
59
/
•
common
.
'
18% -18%
-
2.78
1
Lii-Li-lOO
Lake-Porcupine Gold
" Sep
25c
2,600
Feb.
-30:
Deo
8
,
75
.
27c
■
Aug
;19 >; Jan
'24%
20 ' Mar
29%
22y4 Sep
; 32%
25
; 'Jan
>r-J2
22%«Jan'
32
300
_
^
26%
>
v
i,;.
2,545
'
14 »A -14%
„^1
^Pood Pfoducts
A
,
385
,
Canadian Dredge
26
28%-.
30 25%*" 26 Ms >
.•
Canadian Celaneser common-^.-.-,^
-*
; Preferred
Uiii^.100
Canadian
65
660.
.14'A
^
Class A
,24-
25 Ms
-
vCdnv' preierred'
•
Deo
.
26c
2180
common—•
Li
Dec
Nov
5%
■
18 Va
20
,17
Mfg class A-i-——*
iiVai
f
25 Ma
2,804
57c
-'■:205>-Ma?
VNov
25"%
-
•
:.
Preferred
Goodfish
82
'19
.
>
1
Feb
10
-
27c:!
•
—
Dec
Jun
10
8
*
*
—
3 Ma
25
15
"
25 Ma
19c
23
20%1
25% '
.'25%
26
»
mmmnn
>
30
20Ma
,
21c25c
'•
/ -
25 Ma
•'
""
•
common
'
7V\
13 Vc Aug
Oct
V
3,625
v
!
God's Lake Mines Ltd—61c
53
23 Va
♦
Canadian
'f
1
4%
11 Ma
50
GOldale Mine
*V
!>
Goldcrest.^.-..^.,--.,,,uvl',-n....-L.^.
..,,,,.,.1 ' -"25c';'
Gold Bagle Minesx-^-ii~LiiLL-.-.l
14c
47. '^Bep
20%
'8
L..
-
:■:
6% Nov. ('
>;
12% '
195/a
•
i
Gillies
Jun
14 Ma
;
Jan
>
i—
Power
fflmnrnM
-Jun
•
.13%' Nov
.
83J// 83% "
83%':
\
Canadian Bakeries
178
:
'—
' 20Ma
'Wok
*Low
'•- 7'-'
"
3%
" JO
i
——•
Giant Yellowknife Gold Mines—:
^ 44% July
14
'
"
<>21% 'Apr
125
'
•-.
Gold
General-Steel Warea
Jan "
16%Dct
250
A„
*
General Bakeries
Jan
9%
^V36->-Jan"'
900
15
15
Oct
9% Nov
260
U
17
>VV 4
—_100
class
Co
General Products*
#108% July
>>82% May
v# 25 Ma'Jun
31M4 Oct
-
.
>18>48%;'
■
30
Canada
;
.5%ipreferred---^*-^----100 ;-V
:
3:60 Jun
;
Oct
,
Aircraftij,—.-.j—•
Frobishef: Exploration
Jun
<
56c•
>
.104% Dec v^-lli
40 V? July m
65
V ,53 Mdar
64
5
.250
.....
"
192192%"
^Aa;.-
—
v>
Sep
14% Jan
.46
•
39-
16%
.
66
•
.965
"10M4
10Va
'
—>
Canada
,
Dec
K4lc
-Nov
.1.72
35
-»
Clfci$S>'B——.*.--.^-1-——
-.
of
Frkncoeur
>'2.95 Jan
.
7
6
*"Deo
U7.
.215 uii02%?Jan<
—
^Northern'lO'A
Packers
Co
Foundation
•44c>Feb
1.55 Nov
►j->20o
V'T
•;
Range 8inee January 1
;
YJ.
Apr v>
July
-
IVllO—Oct
2,050
...
.
.
-
1
5.950
.
__
*190
?
12c > 15,000:
22c
600
22c
t
* 1.90
1.80
1.95
Canada-Bread'common^
*
" e
6 Ma
?>New'pref errCd
,____._10O
'
104
103y4 104'A/?• B preferred
5o
71
71
Caftada'-Cement' common
——I
—*■■
>20%'
19 Ma' 20 Ma*
> New
preferred
_20
30
30 30Ma
Canada Cycle & Motor pfd
:
100
105
105
105
Canada" Foundry B
*1 ':V> 45
45
Canada 'Malting62 Ma 61-62%;
Canada
Ford
>-"--15 '.- Apr
-32
High
*12%
Fleury Bissell preferred
" Jun
97/8C May
11% Sep
.
10,300
i;65v 1.75
-—l': '11 Ma c
Calmont-1—-J—*-,—i.—'
vGnnlpbellrRed l*te?.--y-
Canada
a. 11 Ma Dec
.':~,22M4 Jan
318
v
1
,
Feb
97c•
,M585
,
;
.680
17
24c
-•
!.
•
Shares
■=
Gatineau
Cdldeff BmiHgncTifTinM
Calgary '& Erimnritnn
Callinan" Flin
'>:!■>'—■v-*
• ?
.
L—
-45c^ Jan
V;
29c
1
Class A
•Fleet "Mfg 85
fsr Week
low
-Sittings'-common?—®iuawL—* '•
;
■'I'll- ; Jan
Sales
Rangt
•f Prices
Far
■'/ T.64 "Apr' I h
3.85 July
15c July
728
;•
Laat r>i
Salt PriN
High
>: 95o July
.
17c* 21c1
;! 4,700
" 33c > 20,100
V,
15c
Jun
29%>
31
23 Ma Mar
575 V
:5c5c
.,V 4c
r, 2,000
Dec
.
Bunked Hill/—
Burlington Steel
1UOO
Wttk'i
Friday
v-
Rattgd 8Inoe January 1
Lots
1.30
4.15 •' 4.35
!■:>- 30c
1
STOCKS
for Week
Wuxm
Low1 High
1.25 '■•
Buffalo-Canadlan-Goid-Mmes-——-—*
Bales
>
ef Prices
-
1
1-
-i.
'.Range
•
13
-12M4 NOV
.
•—-2:20*Jan?
Jlc* Feb
45c
>• 21
Jan
-Apr
35%
Jan
>16% Jan
26 Mi
Jun
Dec
103 Vb
NOV
> 25
102
'
Sep
>
3324;
CANADIAN LISTED MARKETS
dec. 20
range for week ending
.,,iv
Friday
X®f Prices
Par
McDougall Segur
Mclntyre Porcupine Mines
McLellan
•
-_-l
Red
Lake
Gold
6c
>
S1UC
I-
'
74c
75C
'.Xn';'4v';
Mercury Mills
Milton
*•'•
Oil
Brick
Ac
Gas——
A
Moneta
13 X /XV;:
19%
17
J
52c
&
Power.
19%
1
20%
18
20
—*
69%
70 3/8
100
——
272
272
21c
24c
Mosher
Long Lac..;
Mylamaque Mines
17
•
—1
29c
National Drug & Chemical preferred
5
National Grocers common——...*
National Hosiery class A
Sewer
National
Steel
class
A———
Car—
Bidlamaque
Calumet
Newnorth
Nib
13%
*
30%
14,250"
14
•
23c
13
160
24
1.90
30%.
1.85
.
1
1.90
12c;
Mines
7c
7c
19.100
Dec
,33c
30c
X
x
•
j9
-
Sullivan
Cons
./t,;1
79
-x, ■
Surf
Taku
5,000
1,200
2,090
2.05 Sep
46'A Nov
50C
5,700
44c
X
Jan
2.03
2.20
24c
8%c
2.50
2.50
25,650
30c
19,570
2.30
2,625
80c
85c
1,800
27
27
100
.
—
6'A
12%
Texas Cdn
5
..
6%
3,30
1.45
.
40c
80c
\
22
1,45.
■
5%
Feb
1.09 Mar
Feb
27% May
73/4 Aug
Oct
Dec
;
,
X
12%
3.05 July
110
k
1.95 Jan
X
Sep
113/4
2.584.
i', f
Jan
4.10
,
'A T
Jun
3.25
•'
,
X
July.
Dec
Jan
^
24c
■
Oct
2.15
Feb
4.45
r.x'i'/"'T
45c
1.50 July
25c
15
3.20
—
/
Dec
105
*2% ,12%
.
Sep'
July
2.03
Jun
Apr
'•20% Julyi
92% July
95
Apr
■
■
Oct
2 60
12%
1.50
Sep
77
Feb:
93/4 May
-
X
July
27c
-
-.-^-1-1^.-—100
73
13o
80
81c
x
Nov
20c
2.20
__*
—
16%
1,000
30c
t.
.;
Sep
10,000
X
2.30
50o
River
Preferred
.
24c!
8%c
1
Jun
X10% May
24
May
Oct..
;
>tl
Jan
Dec
10%
19,625
VT''t'1
1.50 Feb
1-55
16%
.
68c
Dec
Apr
X 105 X
X
5% Oct'
17% Nov
20
—.1
Gold
Jan
8,500
———X
wring*
X
275
88
16c
Teck-Hughes Gold Mines—3.25
.
1.05 Mar
Oct
Consol
80
37
,>
Tamblyn (G) common—•
Taylor Pearson & Carson common—--*
5.65 Feb
723/4
x
Inlet
XX,
60
Jan
34X
23
Dec
5%
Jan
1.12
.
Dec
,.
Jun
July
•
1.40
i
July
100
8,900
X50
\
Mines
«vlvan1t* Onlrt
"
x
Jan
8
40
88c
108
.J
.
90c
335
,,
2.10
*
•
220
X
16c
■.
>x,
20 '
Jan
Jun
May
?
.
36%
X 60c
6io
:'17vl7yg'x
'
—
25 X--x
:•
n
80c
40
,
16% Nov
v
1.100
X 4,266
6%
6
ii*
r
Dec
25
225
'
...
■
6%
.
18%
Jan
31%c Sep
300
ga/4
6
"
,
11
common—•
Sturgeon River——
Sudbury Contact
Apr
9c
45c
Malartic Mines.
'• ,A\-
.
————
49c
r
"3,200 '
65c
•<
'101%
1,895
102% 102 %:X "•XX,X'- 10
-X——-xw
•'X"
259
'XX-x:
92c
9
88c
Preferred
24
8,850
'
Co—,—v;.v
*1
Jan
2.10
2.10
x:..
550
;"
63c.
•
t
•
_
Steep Rock Iron Mines—
May
30c
50 %xv
8c
8
enmmnn.
Steeloy Mining Corp
1.40 Nov X
15V2C July
8c
Dec
50
Mines
^x
90c
9%
.
Jan
60c
2,000
17c
/v
92c
X
fc_100
.
10,804
7C
18
6%
^
.
29,300
16c
——_i;
18
-
v
*
34
•-.
..
13% July
63A Aug
Mar
27% Jan
"•
»•
—
Preferred
Stedman
Oct
v 31 %
is '
•
Steel Co ol Canada
•
39c
:
Paving
10
Jun
62c .Oct
.
5% July
:
105
53c
37c
: • •-_
:
.
Btarratt Olson
Nov
14%
vS-21
7
X
25%
Dec
X Sep
11
iW,
■High
13% Feb
X
140
31
49C
*
39c
.
2,223
1.40
1.26
•'
i 49c
Standard Radio class A————•
Stanley Brock class A—
.»
May
11 Va Oct X > 133/4 July
XX-32
Mar
X;23xf:-Oct
30% Apt
22 Va Sep
1.50.Jan
XxJi.25 Marx'
:62c
9%c Dec
Apr
485 •:
24%
9%c
Nicholson.v:^v—'/■, -; X- V
Norbenite
Standard
Feb
;X52c
20
Sturgeon
Preferred
x
Low
:X 39c
'
16%
27%. 27%." "X ;
*v"1
ios'1' 106
,
X XvX,:vXx.v:->...v'7X
X.V
50
6%. 6%
16%
30%
•
;_
•
.
Stadacona Mines
Jun
'
45c
16 Va Mar
50
368
150
27%
•
1
Standard Chemical common
May
May
81
320
Oct* X"
13% Nov
200 *
■
14,500
X
—
••
*
■
X Springer
Feb
22
Sep X
16c
,.140
24%
;
•
—
6,600.
18%
28%
il—1.37
Yellowknife
Niplssing
253/4
Mines
——x
•
Feb
91c
Sep
Oct x
July
266 ;
,
31C
.
15 %
65
10
.
18%
._———*
—
..
Mines—
Gold
Oct
22% Aug
X
Malartic
Southam Co
i-
Oct
2IV4
X
XX
46Vac Sep
183/4 July
3,495
470
12%
—
New
13%
—•
;
Negus Mines
New
14 Vz
Oct
'19Vs Oct X
11 Vz Mar >:;•
X,
1
X'
uy4
31
.
—
—
Slater
Jan
1,165
42c
n
18
*
-
Jan
12
Class B
Bladen
-
Locomotive
Moore Corp common
Class A
:
National
12%
3,600
T
'
Dec
4
25V2C
485
55C
.17c
Dec
16c
216.;
X
.
MarJan
X 22
k
Oct
.X 6.65 July
50
21'
17
—
Heat
Light
Montreal
500
100
I
common
Porcupine
Montreal
1,850
100
s
Knitting
2'/4
26,761
16c
13
common
new
3%
103/4
Oct
Sep
X 17
;.,r 5c
; 45.
119,200
3%
__
Containers
Class
T7;
18
•87/aC
•
X*
I—,r_*
^
*
Preferred -—_—•—_i__l_—L_100
Slscoe Gold Mines
1
Mar
36c
Dec
X 15c
40c
11% XX
Baage Sine* January
'
—
—*
Simpsons Ltd class A—
<
Htoh
17
.
-r
JLow
—*;X/-;X:?^x:^.
X- Preferred
"Sales
X-
XX
—
XiX' Class B
July
'
v
"
5
————————1
Silverwood's Dairies class A
Nov
250
2,100
17c
18
Dec
•3c
common---————
Silver Miller
Sep
74c
1
9.25
;
*.
Model Oils
Monarch
>
16c
:
Mining Corp
Modern
i*
7c
r.
Vim-coiitin^utal
;•'
17c
——
463/4
^'X
X;,:'
Silknit
Week's
for Week
Rang®
•»'' -•■••"•WiJPriaf rUfHrlcM'. Shares
•-
«!i
xl:-6C;XDi}cXW
660
8,800
'X 7C X ;X "X2,000;
57c
76,520
5c
50 c
•
McWatters
•; %om
.2,000
80c
X,x- XVX>X.x>FrM»F X
"•''XX'X'X; X-X'vV. X." X-v- -':' Last ' X-.
...:
-
'Xx X'X>>''-
■.
523/4 "53%
.—»v
_
-
McMarmac
High
6c
1-5
Mines-.
,laic®
v
Low
Shares
STO CKS
»Xv XX,v
for Week
Salt Price
•
r*
T Sales
Last
Sep
5.35 Feb
1.24 Aug
X
1.45 Dec
■X'-axt'
Nordon Oil
Norgold;
Northland
Oil
95c
.7c
Oct
22c
Jan
60c
Dec
1.40 Feb
Oct
9% Apr
Rouyn Mines
Gold Mines-.——.
40,200
5,100
12c
Dec
6,500
10c
Dec
Page
—^X>*;;
Eastern
;;
•
Paramaque
Mines
i
48,200
-2,500
i
*
Partanen Malartic
1
Paymaster Cons Mines.i.
'
,X
City
Pen-Rev Gold Mines
Perron
-
Gold
Piccadilly
X
1
■.
Mines——1
.
-Nov
46c
35c
2^75^
X7.230
;;iv>Picklfr vOrow "Gold
v
Pfattieerr.Grilit .Miniw.vhg
■
Poroubine
:
n n
Peninsula
rfcgX
Porcupine Reef—Dl—
.
l
;
v.
Powell Rouyn common-1
vVoting
trust
Premier
i
1
Gold
«
;;
i
Pressed \ Metals
Purdy Mica
Purity
:*V.V«
r
./
%{j
,:.
Quebec Gold J
7'
X
Regcourt Gold
1,225
~9Vs
19c
19,000
150
11
90
51
July
July '
Lac—
25c
Sep
1
I
Russell
5,000
■
•
XXl,240£
—
200::
Mine
Industries
..
83,000
new
,
common.
July
-Oct:
40c
:
X
Class
Corp common
—•
A
50
14
St Lawrence Paper preferred-—
100
-
,
San
Antonio Gold Mines Ltd.
Sand
River
4.00
Gold
1
.
Sunnorm
Mines
Sarnia Bridge
1
Rouyn Ltd
Shawinigan
Sherritt-Gordon
Sick's
ve»
Brew
—
ftydw & v
€2
X
V
footnotes
Yellorex
;
;
X .13
[
'X
X.X':X.
see
page
3325*.
13 Ya
8.80
9.00
x
200:
920
v
•
87c
Oct
18c
X
Dec
,
Jan
40c
Oct
8c
Dec,
8
Sep
14c
Feb
*3.10 Feb
Li 16% Feb/
Mar
40c
,
Jan
.
-"
31
25c
Dec
55c
16c
Nov
4,330
k
X 39,411
5.10 Feb*
3.80 July '■•
X
243A Nov
48c
Dec" X X
X-
15,100
Nov,
1.69 Jan
Mar
X
18c.
20c
2,500
V 35%X"35%X
*"165
'
28%
273/4, 28»A
~-
495
104% 104%.
—
Oct
34%
Oct
X :X25'*" 'Mar "
Xxx;9;55X r103% NpyX.
;
36% May
108%
X
14%C ;
26c
-*
16C,
46,000
30c
.
25c
•
I4y
-
,-.100
1;
14C
49,600
"•
14'14Va"
%
v
—
99
626
X '14c
70
14c
f
99%
'14c
26
:XX'X 155
3.25'
-
20c
25c
14c
10,500
Feb
f-.
■
'v
X
X 22
X
19c
->Apr
105
43c
Feb
-
>67c
Deo
'Oct
14
X 21% May
!V
"May
> 6.55 Feb-.
Oct
10c
-Nov
29 -
Oct
2.95
155
"
Oct
Jan
X 41c
Dec
13c
30c
;
X'Sep '
94%-Jan
X-
3,000
r
*
XT 10
X 3.870
3.25,
lie
•
X-x
23c
;:x:* 1,700
25
X;
11%« July
18
.
Feb
'
39c
„
Dec
•
Jam
July
BONDS-r-
Uchi 6s.
-
~
'
-—
Jan
Oct
37.
—
37
Toronto Stock
Exchange-Curb Section
Feb
Feb
1.57 Mar
25% July
.
16
Friday x'; x
Last
XT-XT
>'xT'-'X'HX'X
Andlan National
Asbestos
■
Brown Co
Industries
Canadian
Canadian Marconi
;-;X.X
Vickers
Preferred
—
—
Lumber——
Jun
''X 6
Feb
Disher
Steel
Donnaconna
46
:%X X X
5
20
32
323/4
152
153
2
3%
3%
3
X
>
3. 7
..
Sep
2% Oct
«
Feb
•>y
<1
'
>:
; :
21
;
18 3/4
.
19%
<»
•'
•;..
«
—-
it
3.15 X
,
;
J
1,715
39
Sep
16
Sep
59
Apr
27% May
Mar
5.00
2.15 Sep
vr
Feb
67
July
29
Mar
23c
10c
•»
62
62
25
45
Sep
18
—
Invest
Jan
4,020
563/4
2.85
Temiskaming
Feb
39
4,080
54
183/4
Southmount
Oct
,X 2.15
Oct
20
3.10
Feb
24
Jun
250
19%
Oct
Apr
May
Va
1,505
56%
23%
45%
118
Jun
1.50
1.85
233/,
Paper common.—-
17%
15
1.80
Minnesota & Ontario Paper—
1RV4 Mav
Nov
23%
International
Julv
Nov
91
1.85
Apr
12
31
23%
Dec
—
x'18%
1,550
,
X 32
Feb''
20
25
X;
94%
17%
Jan
100
21 r;X
333/8
94%
'V*.
'
21
28%
333/a
x..X'^,^
v>
•
•
—
—:
Feb
28%
•
Bros
3.80
Feb
Jun
Jun
Apr
*
Oreille
173
July
61%
82c
Price
5
23%
13
Pend
25.
433/4
Sep
Dec
common
Reliance Grain
19% Sep
2% Sep
135
Apr
Apr
29.X Feb
15% July
Sep
Jan
8%
104%
Dec
45
Oct
Jan
Sep
Sep
45
11
3.65
4
26
22
28c
15% May
Apr
20-
*
July
78
.*
Paper
12
Oct
19
—
———.—
Hayes Steel
2.08
Mar
'
20
;*•
87
21%
20 Va
Jan
35
67%
•> 5%
73% *
•
•
preferred———
Foothills Oil & Gas
26% Mar
57
High
X 23
Sep
*
Consolidated Press A————
~
52
Low
>13% Dec
45
112
Westinghouse
Paper
*;24
•'—100
common—a
—
common
Western
Canadian
28
-*
—L*
Sugar
luge Sines luury 1
13%
—
:—X—•——:—100
Dominion
Shares
High
27%
—
•
i
common
&
for Week
,
of Prices
13 y0
Par
*
Preferred
Canada
Bang®
Low
*
—
Corp
Canadian
,
,
.
8ale Price
x.'7X.:;xX;,x-
:'Tx/X/X-;x:XX
Cjs Week's >'"X Sales >
•
Nov
Jun
x
'
'
Jan
25
„
# 1.19
Funis
Oanatflan
-
Feb
Dec
7%
•
■
.
82
8.80
X
X,
3.339
27c,
—-*x* '
Consolidated
1.00 Sep
1.66 Jan
13%
X
8.50 Nov
500
4.50v
51c
3 ^5
.—123c
—
Jan
4,000
14%c Jan
1.93 July
6,700
12,000
253A : 26%;
'
__
1
—-
——
——
Apr
1,280
X,
18c.'
4.40
——
1.63
24,867
;-"X :
i.
X •;
For
XX
*•••.. ;•
.
Wool
13%
X.x.; 20
1
•:
Mines—
40c
XX 2,100.
18c
25c
•
——1
.1——
Electric: common
Textile
2.02
——
•'(?
.
-
Larder-.
Canadian
Sep
20cx
48c
—^—.——4^100
Jun
Sep
July
18c
Ymlr -Yankee
Apr
:
',
40
15c
16c-
26
_•
common—..
—.—^-..
Apr
v
8'Xx- ■ 8"
:
27c
;
93/»
'
XX
^-
50c-
•
com
Bridge
2.02
1
•
Sigma Mines
jjr.ia.
Ltd
Preferred
new
39%
:
1,860
860
.
Dec
8% Jan
5.101
.-20cX
——1
Oct
20
9%
qaa
9.15
■
4.50
•
,
Oct
12
9
8.90
6% Oct
5%c
18
Dominion
13 '/a ; 13%
Mines..
35c
131/4
May
2,000
33% Oct
Dominion
1.29
!
11
35
6c
"
Jan
35C
53A
115
Feb
1.25
May
935
14c
123/4
Jun
May
58
29
50c7
..
32
31
j.
37%
Dec
435
215
28
Oct
•
common
vie
■
26% Jan
300
'
33%
5c
1
■
Gold
new
55C
243/4
Apr
123/4 May
Jan
.19' ■ - Dec
40% Jan.
20
21,
29
18c
50c
—
Winnipeg Brewery class A
—_—
241/4
30
47%
6c
—
Malartic—'——i—l—--•—,—*
9,600 X
121/4
53c X
•
Shawtey
Shea's
,
Consolidated-
3,500 .X
50
1,600
3,000
Oct
'
f.M
3.75 Nov
2,700
7C
20c
121/4
•
Senator
Sheep Creek
4120
5C .XV.
19d
>
26
45c
53A
15c
-
l
25
140
13% Oct
8% Dec
14c
York Knitting common--—J----——-14
15
■"•;■■ v"v'X'' .f
'X-'X-XXX Xx.^x' 'X-.XXX^'X/X'.' X-X''/;,.XXx;-
64c
Oct
6 Y*
.
25
2,035
17c
Jan
38c
X-
Dec
July
11
5,125
555
..
14
91/2
30
x
.XXr
Combing
x—
;
—-5
^Wright Hargregreai Minss——
»!
Jan
122c
X-1--;
St Lawrence
14
oan
—-1
i ,1
.
Preferred
93c
Apr39% May
24
Dec.
16% May •
;
2®:' Jan
22c
625
•''•'-x:'-/iX}X:-
vr
1.80 Jan
9y8
nan
243Ac Apr
Nov
25c
7,500
'x,:;"
Nov
:XXv 65c 'Dec
2.00 Dec
Nov
10c
8,112
,
Co
Gold
8
Dec
8c
XX
*
t••
——*
—
British Columbia Pulp common
Oil
Lake
12
2,500
Royal Bank
Rush
9% Feb
35
July
Nov
13"% May
1.25 Feb
Oct
30 Vb
200
Oct
85c
__
,,
Oils
Winnipeg
.Jun
23%
July
1.95 Dec
55
1
.
20c
8,050
;_I
X
7V2C Jan
__*'
14c
,
2.15 Apr
1.24 Dec
Jan X
500
4,500
——1
—
5V2
389,600
Merger Gold Mines.
Povalite
55
Feb
11
X—X__X-* '
Robinson Cotton——————X..* ''
Oils
Jan
,
50c
_-2_—XI
Long
XX 230
*"
"15
■
5,335
class A———X
^—-—4-
?Winora: Gold
-May
3.45
38,945
1
3,500
7,000
9%
,r;
Winchester
Jan'
22%" Jan
■;
1
—X—
Class B
July
60
*
——
Jan
19c
95&
170
'
X 3.30 Feb
Nov
——i—
Roxana
17%
X
Mar
——
Richmac
Rouyn
X
69c
50
Apr
89c
19c
90c
53A
x
xL
r
1.65XJan
-80c
*•
14
;•.
--*
.
1.75 Jan
200
_i_;
Sep
New class A—J--—;
•-xx 37^
r-New■ preferred.,
•—4—;-20V -.-35%
,>
•
47,500
X
2——
Gold
Silk
8c
X
Jan
11
30
Steel
Westons
;
Jan
'
—r
Rochette
■
Apr
Oct
*
11%
150
x Apr '
'
—-1
„
Renabie
Roche
76c
X38
v
Dec
1.42
J• *'
^
Queenston Gold Mines
'
,
':x':S7c
■
1
On»fnnp*
Mining
Quinte Milk
Riverside
X;
Dec
40
>
.
;-I
49V4
•
•
Flour ;,commoni£.>-iiii—-i-lQ
*.
Quebec Manitou
Reno
•
f-X:
Preferred
\
Feb
: ;x 7.70 Mar
,
.
Sep
v^o
4.1
___
1.15
——1
200
12
'
12
X
16c
—25
—
Western Grocers
'"■•.X4.95-' J*n
lOVa 'Sep ;
53; 900
■
12
12
gi/2
50
Ventures,
West
Nov
47c
'Sep
2,000
J—100
—,
Dome-
*
-__j
Jan
__
•
Walkers (O & W) new——-1—.*
Wasa Lake Gold Mines
—_1
1.95 Jan
Oct
X28'
220 'X;
X
Jan
"
Walts-Amulet. win«>a
••
——
Premier Trust _L.-ii._-
'.
x;.34c;
---3,400— —66c -Aug
-1,000' ;v 52c :~July
;
i__
■_
36
142
—
.x-v
-
630
-
l
.•
certificates
Power.Corp
45c
"
f-Powell:River--xXv*^--34-% ••
Apr
47% Dec
*
40
i"-
Jan
Feb
Dec
X .23%' Dec
.X 2,000 -
_
65c
60
95c x
.;^..;XVxv>,'sV:i'?;-',;;/
July
2.40 Feb
NOV
Oct
172
X
—
*
X ;
-
ymtK»n»x
1.06 Feb
2:70 July
^.10. Oct
10,200
>25c
v'-
1.18
22c
46%
20%
Vulcan
Xllc
July
10c
•15,825''
1
i—
.
X
-x-
common—
Viceroy Mfg-
Feb "
1.00 July
2,100
•
.
—-1
;
VicourMines
Feb
:'29cir
:
Dec
12c
-•
•
;
May
1.25 May
25
170
12
;
*
500.
2,000
80c
X
46%
46'A
United
:
-2.85 Jan
X
July:
46c
500
—
X'X-XXi-■
l
"
172
;
—*
Upper Canada Mines
,
^XX35^X;.I^b:x:
Sep *
4V2C Nov
107,600
-
X
-J
X——
__
-x
*
.100
rT.,..
20%
Wekusko
:
-_x__
—
——
Class B
1.10 May •
1.65 Jari X
•'
'Nov
'
-9c
x
1,300
-20,760
1
23c
United Oils
Jan"
18c
'
Dec
8V4C Aug - X
10c July v X
—
1.20
23c
46%
May
,86c
Dec
i
1.00
•X
1.18
Dnited Fuel class "A"
95c -Aug
28
•
17,666
—1
—
i
-
Dec
2.59 Feb
Oct
•54c
-
1,020*
3,765
:
July
15q
1,000
4,750.
l^
i
x
July
95c
5c
1,899
l
Pamour Porcupine Mines Ltd-,
Pandora Cadillac
Par,her
v
5,200
15%
Union Mining —
—1
United Corp class A«
—»••
Class B——————4**—•
Feb
40o
53,150
90
1.18
Trust—
Onion Gas
26% Jun
57c ' Jan
vx
-
53c
XX 9,700 Xv
Mines
Hersey
26
Oct
Dec
*
';'-*'"xX xX'Xv.'-Xi.x/X•. 'X'" X;'.,' /'•X'x'7
Twin
Oct
44c
17%
Transcontinental Resources
'
Pacific' Petroleum'
■
16c
.
General
Towagmac
•
37c
5,400
17%
-
Jan
500
47c
17%
Toronto Iron Works common—
Class A
:
Feb
-
30c
13 Vz Mar
34,100
Elevators
1.00 Dec
43c
.
Dec
20
50
382
Mines
Lake
Oils
Toronto
■
Orlac Red Lake Mines—
Pacific
v
40c
44c
—*
ix-—
Toronto
Nov
44c
■
40c
•»
:—»———j
Tombill
$.: 3.89 Jan
'
4,100
12 Vac
.1
common
Gold
Dec
1.53 July
Sep
.
Crush
33c
X
42c
Ontario Steel
Orensd"
5%
74.500.
Omega Gold Mines—.
Pacalta
.
'
40c
__
"
"
Toburn
Apr
■
"
■■
■
Tip Top Tailors--
Jan
33o
Oct
458
Omnitrans Exploration
Osisko
/
July
2,600
Ogama-Rockland
Thurhois Mines
2.24 May
Jan
10c
common—.
Osulake
Mar
26c
3,000
Star
Thompson-Lund Mark Gold Miaes—•
Jan
15c
-
2,040
Northern Canada.
Orange
Sep
7,000
North Inca
Norzone
35c
Oct.
.
6c
1.03
26,960
Norseman
O'Brien
X
13,000
Normetal
North
12c
500
-——
18
25
17
July
23c
23c
175
22c
Jun
31c
Jun
10c 10 %*
4,500
9c
Oct
33c
Feb
'-'^p»«utrfl+>^*"-i
IMV,*^
w hi«mnrKaw«K,'» *<
THE COMMERCIAL & FINANCIAL' CHRONICLE
Volume 164^^: Nuniber'4553
OVER-THE-COUNTER'MARKETS
''
'■'":
rV
Quotations for Friday, Dec. 20
"
Investing Companies
Bid
Par
Mutual Funds—r y
;
,
Ask
1
:§ It'6.51
Affiliated Fund Inc
I" 4.76
H 5.21
Holding Corp_
10
American Business Shares——1
American Foreign Investing- lOo
34% i
Amerex
9.09'
Bond
Inv
of
Tr
Fund
Boston
Fund
19.00 y
8%
Series^ S-3___
Series
<
,
1
17.48
Loomls
6%
Loomls
6
8.89
Mass Investors Trust.
1
26.33
1
11.69
Fund
12.57.
19.88
20.34
Mutual
18.56
4.40
Ltd—
Invest
;
<
2,970
Income
153
—1
Industrial
6.43
--1
16.75
18.10
1.54
1.69
Fund
Dividend Shares.
;
-
series
10.71
Low
priced stock
Preferred stock
Baton & Howard-
Stock
•
24.90
26.81
New
Inc_
2.01
2,09
New
York
46
43
10
6.09
6.80
2
14.26
15.63
16.40
Fundamental Trust shares A—2
5.91
44.08
47.40
General Investors Trust——.—1
5.73
6.02
Business
12.74
v
Electrical equipment—
Insurance stock
6.56
7.22
9.15
10.05
Building shares.
; 7.01
10.41
11.48
5.63
6.20
7.93
8.72
8.16
8.97
Food Bbares
■
■
Administered shares—.
Fully
General bond shares:
—
Industrial Machinery shares-
0.98
8.35
—
Low Price Shares
—
Merchandise shares
—
RR
.
4.72
Putnam
13.68
7.27
5.98
6.59
—
8.10
& ? Trading—
(Geo)
Fund
; 4.60
shares—
5.07
5.85
Tobacco shares.—
M 6.44
Union
24.30 t- 26.13
'
Fund
Bank Group shares.
•
14.74
29.05
14.37
B-I.
27.94
93c
25.60
28.06
Series
B-3.
17.57
19.24
Series
B-4.
——SB.
71
74
Homestead Fire
ZZ 10
Insur Co of North America—.10
—,
Automobile
5
" 30-
Re-Insurance
Reserve
Surety
—
,,
9.47
10.39
10%
•
n
nn,
Camden
21.12
6.57
Fire
North
•9.43
23.10
18%'
*
Bid
5'A
Series 1956—
•
3.49
100
128
133
101%
104%
41%
Irving Trust
Kings County Trust
Lawyers Trust
47%
Manufacturers
46
y.'
Guaranty
.
1
2.99
Chemical Bank & Trust
10
45%
20
44
46
20%
52-
56
Corn Exchange
Empire Trust
20
Co_
91
22
10
Fiduciary Trust
First National Bank
Northern
68
:
28
29
37%
265
100
43%
67
100
1601
740
52
97%
Fire
8
20%
48% ?.
8
34
18%
10
13%
21%
51
7%.,
'
~
: :
P.
15%
l; 1956-1948
1%S Oct
1%S
May
1%S Jan.
>
1,
1—. 100.4
1952-1950
-
1, 1953-1951—
2%S Feb. 1, 1955-1953
99,2 :
99.24
103.3
•
100.8
99.6
Other Issue*
•
U S Conversion 8s
99.28
Bid
770
2%S
26%
t
Figures after decimal point represent one or
ISept.
15.
1947
tflept.
15.
1947
1%%
1%%
lV«tt
tSept. 15, 1948
lVa%
Bid
tik
.
Ask
';5 f
99.29
1961
32ds of
more
,
100.3
100.8
100.9
t7/as Feb. 1,
100.25
100.26
t%s
100.15
March
•
JVas April 1,
•,„.
;.?v
126%
U S Guarantee—.—.
Ask
>
86ya
a
point
99
50%
32
84
34%
100%
101
103%
Iowa Pub Serv 2%s——1970
100
Kansas
102%
City P & L 2%s
1976
36/aS_1980
Gas Lt
99
"
1975
1975
100%
1976
103%
104%>
104%
101 %
.
Philadelphia El Co 2%s
1981
101%
Philadelphia El Pow 2%s__1975 :100% :
Public Serv (Okla) 2%s
101JA
1007/a
102
101 m
97%.if-' 98%
101%
;•
2%S—1976
98%
99 ya
Preferred Stocks—
Pa*
Central Maine
Monongahela
Ohio
100%
.Portland Gas & Coke 3y8s_1976
100%
103 %
100%
1976
27/aS
Power
mi ;<•
99%
Yonkers El Lt & Pow
100%
,102%
101%
100%
•
.
1965
Light 2%s_1975
1976
103 %
3%s__
Publio Service 2%s
101
Power &
Utah Pow & Lt 2%S
'
99%
Ask
101
Tenn Gas & Transm 2%s—1966
103%
v
101
101%
1975
Texas
103%
.99
.
Public
Power
3.50 %
...
Power 4.40%—100
Service
Pennsylvania
Electric 3.70%
Public Serv (Ind)
3.50%
Ruppert (Jacob) 4%%
100
3cranton Electric 3.35%.
Scranton Spring Brook 4.10%
Union Oil
(Call $3.75
Willys- Overland
88
> y
90 y
108%
110
y
100
3.90%
102
>
98
101LV
94%
104%
91
106
-
98
•
96
.
♦
100%
101%
55
4%%
95
100
55%
100%
1975
Jan.. 2,
Jan.
Jan.
Bid
Ask
Aak
Feb. 6,
b0.375
1946—
1947...
b0.375
,
0.28%
0.33%
b0.375
1947-
.
30, 1947-
0.33%
b0.375
0.34%
b0.375
•
0.33%
b0.375
1947
16, 1947-
Jan. 23,
Bills
discount at purchase
0.34%
b0.375
0.34%
Feb.
b0.375
0.35%
b0.375
0.35%
1947
13, 1947
Feb. 20,
1947
Feb.
b0.375
0.35%
Mar.
b0.375
0.35%
b0.375
0.35 %
b0.375
0.35%
27, 1947—
6,'"11947_.—
.Mar. 13, 1947
Mar. 20, 1947—
.0193
.0199
.0280
.0326
.0390
t7/aS Aug. 1, 1947
f 7/aS Sept. l, 1947
t7/aS Oct. 1, 1947
.0269
.0390
.0224
.0362
.0255
.0409:
1,
1947
.0289
.0459
t7/as Dec.
1,
1947
.0228
.0415
wi
26,
Jan. 9,
vi
.0154
.0136
t%s Nov.
.0148
.0345
,
-
g
a
b Yield price,
Aluminum Utensil
Odd lot sales,
Club
Formerly
Cash sate,
a Deferred delivery.,,, e Ex-interes>
f Fist pries
Co.
k Removed to Stock Exchange,
o Domestic Industries,
c
Inc., changed its name on Dec. 10, 1946, to Domestic Credit Corporation, r Canadian
sale—not included in range for year,
t Ex-stock dividend.
(Un) Unlisted Issue,
livered.
x
Ex-divldend.
Ex-rights.
Decker & Cohn
y
Inc.;. name
1946, and common stock split on a 3-for-l basis.
z
Formerly
'No par
dividend.
\
47%
W77
—2.80
B'd
'-yy': Par •'
Scranton-Spg Brook 2%S—1976
100%
99%
103
103
,
.0111
1947
1947
1948
,,45%/il 47% v
Sioux City Gas & El 2%s
88
Alfred
value,
tin
market s Cash,
w d
When
de¬
y
changed
to
Society Brand Clothes
defaul^&^These bonds are subject to all Federal taxes.
.
'i.3
!.6.05>'J
Security Issues
Bid
1970
;
Dec.
.0286
1,
\
n
28%
ia.A'i?
590',T
——10
Westchester Fire—.
Treasury bills—
.0238
Jan.
\ qq
f
109%
i ;:
128
$7/aS June 1. 1947
$%s
31%
105
i
<
52
100
t7/as July 1, 1947
,
49 y;;
29%
■w?26
jt»r.
y-,
6%
24
68;
■y
25
>r
n a Fire. ....y:-
28%
26%
1961
.
1947
1,
;
•
100
Maturity—
;
Dollar Price 100 Plus
v
Certificates of Indebtedness—
Bid
Ask
t'/as Jan. 1, 1947
.0115
100.2
100.14
'
29%
Vy
Il2%
U S Fidelity & Guaranty Co„_2
102%.
Bid
...
5
22
^..^.10
Standard Accident,
23%;; Tra^vete™'
24%
1976
Quotations For U, S. Treasury Notes
Matarlty—• JInt. Rate
.
11
37
26%
•
io
Rates quoted are for
XMarch 15, 1947
52"<':
9%
,
10
United States Treasury
'r
96
•89
■
——1947-
Panama Canal 3s
103.6
y
97%
1976
Pennsylvania Electric 2%s
yy
-
f'A:
49
85
34%.
,
10
Security New Havsn
Springfield Fire & Marlne.I
' 9%Vr,»
10
Electric 2%s——1976
Illinois Power Co 27/0S
Agencies
,
0
Seaboard Surety
\o
Fire
Gatineau Power 3s
72
Ohio
Apr. 15, 1948
6%
78
"
"K' 91
28
—
St Paul Fire & Marine
;
' '87lV-:
' 83
Montana
1 %s
—
—
12%
Monongahela Power 3s
Par
__
19'A
.10
—..
Paso
: Laclede
Federal Home Loan Banks—
Fire..
Reinsurance Corp (NY)—
2
Republic
(Texas)
10
Revere (Paul) Fire
10
55
31
8
—
Calif Elec Power 3s
•
Ask
'.
23
5%
74
'
•
13%
21%
8
Providence-Washington
168-
10
10
Kans Okla & Gulf Ry
Bid
2.50
-
•
52
;•
11%
12.50
Preferred Accident
69
El
,
45%,
14
States Trust.
River
■•'!26>
49%
52
American Airlines Ss——.1960
Australia 3%s -i—
1966
46%
102
99
25
12
federal Land Bank Bonds—
.,
,
29%
24
Pacific Indemnity Co
IlO
Phoenix.10 %
32
Bonds-
272
44 «/4
-12%
25
Governmental
6
155
27%
31,
>
.
Recent
59%
Sterling National
United
52%
5%
Pacific
65
r
Title Guarantee & Trust-
40%
1,650:
50%
145
51%
,
48
Par
52
96
100 1,590
P,Par
:
>
——10
r
24 : */
,
6%
27
71
49
18%
1,820
'
10
Federation Bank & Trust
5%.
25
2
Northeastern
20
——10
1
57%
•
Public Nat'l Bank & Tru'st_17%
:
4
(Detroit)—10
;
339
49
25
Morgan (J P) & Co Inc__
Bank & Trust-20
50
17%
100 1,770
New York Trust——
Trust
200
>
10
-•
National City Bank
18%.
.
Commercial National Bank &
&. Trust—10
22%
18
•
;;
330
100
39%
NY
>
Ait
Bid
L——
15
26%
New. Brunswick.
.10
'New Hampshire Hre—10
New York Fire
B
64%
|Q
Glens Falls Fire
21%,
200
Trust
Chase National Bank
12
88
: y
21%
10
General Reinsurance Corp..
Gibraltar Fire & Marine
180
Grace National
10%
24
New Amsterdam Casualty
65
Fireman's Fd of San Fran
Firemen's of Newark...
2.60.
; Par
44
Trust Co
6
'
,
Franklin
'
10
Continental Bank
'
•
6.80
U 8 El Lt & Pwr Shares A
•
98 %'
;N, 35-T;
.
83%
0
io
60% ;:v.
Fire Assn of Phila
1
29%
380
: •
32
2
National Union Fire—.———20
60
B
Employees Group
Employers Reinsurance
shares—
Ask ;;'■;
28
15%,
95
1
National Fire
•
•
.
,
Fidelity ds Deposit of MA—20
Series 1955
365
Central Hanover Bank& Trust 20
37
.
'
19.97
1
Trust
14
62%., 1 National Liberty
5
Connecticut General Life.
.
2.00
Amer
Fire
Casualty
y 59%
34
10
Continental Casualty
Crum & Forster.Ino
7.19
8.63
18.30
X
100
Brooklyn Trust
National
J: 16% y
10
11
City of New York
Hanover
Bankers Trust
~
10
,
10 i
Hartford
Par
Merch & Mfrs
33
25%
■• j
18%
30
41
23%
12%
—
Merchant Fire Assur
25
MM
^,,^4
Bank of New York
^
11%
17V4
10
Maryland Casualty
y Massacnusetts Bonding
;v
12%
18 %
16%
Globe & Republic—.1—,
ff
Globe & Rutgers Fire com— IS
2nd preferred
15
Great American.——.—— .8
Bank of the Manhattan Co.—10
32%
.;.
11%
Ask
38
|
Jersey Insurance of N Y—20
19%^
17%
4
Casualty——
^
'
■
49
23.15'
21.13
"
•
D
29.27
B-2.
Bid
47
I
—j
North
51.00
-
19.32
—
Unit Type Trusts—
par
10
Life——
Boston
22.45
—
Independence Trust Shares
Series
Series
t-'
7.50
Diversified Trustee Shares—
Keystone Oustflan Funds—
;
-
Home
Federal'
31.58
14.04
15%
36%
Hartford Steamboller Inspect—10
87c
84c
~
;
B
12.82
79c
A—
Wellington Fund
16.15
of America—10
;
—I
13%
Companies
Ask
57
Baltimore American——.2%
Bankers A Shippers—
28
1.10
1.00
Stock and Bond Group shares.
Investment Co
Bid
'
1.00
53%
.
34%
Preferred
54%
American
106.83
48.00
25a
series
Union Preferred Stock Fund
12.17
90C
Investors Fund O
8t Louis & San Francisco com—
10
Automobile
6.85
1
lOo
Union Common Stock Fund B
llilO
Insurance Group shares
58%
19%
51%
86%
American
4.24,;
11.85
2%
Utilities
Bond
Series
-
68
17%
'
83%
American Equitable
—8
American Fidelity & Casualty.#
American of Newark—-
16.87
104.71
Series -C
Institutional Securities Ltd—
Aviation Group shares
f
eom
■
Trusteed Industry Shares
8
Incorporated Investors,—
Grande
10
American
2%
lOo
Selected Amer Shares
1.81
1.77
Rio
Aetna Casual & Surety
American
3choellkopf Hutton and
Pomeroy
Standard
-
Common
65
100
'
33
95
57%
American
30
3.86
State Street Investment Corp.—
Foundation Fund Inc
lOo
Income
93
American Alliance--—-,10
9.14
15.69
Sovereign Investors
80c
60c
&
Preferred
Francisco—
75-year 4%s—.
Agricultural
12.60
20
—
Scudder, Stevens As Clark
Fund, Inc—
5.85
5.31
Huron Holding Corp.
..
5.46
San
Par
Aetna
8.91
11.47
Republic Invest Fund
5.20
:
4.96
shares—
Steel shares.
Utility
9.76
6.60
Public Utility
Railroad ■——
; 3.00
; 2.71
Bond shares
Denver
Aetna
12.49
8.82
Petroleum
7.35
5% preferred
30
65%
91
Insurance
'
6.68
shares.
stock
!: 11.37
.
8.31
5.85
&
50-year 4s___
9.17
11.23
'
Equipment shares—.
Railroad
...
'.Tobacco
10.55
S
K 5.31
Louis
Income
8.20
& 9.60
Railroad
Bt
,
Railroad equipment
9.18
89
•
'
10.42
10.22
10.48
7.46
Mining shares—
y
,
9.48
Oils
'
63%
1993
13.90
.W8.34r
—
12.45
Metals
.
2018
Ask
V'1"
"
13.09
12.65
—
Merchandising
7.91
7.19
Institutional bond shares
Investing
Petroleum
Speculative,
Machinery
; 7.7i
Electrical Equipment-
Common
y
4y2s
1st 3-4s income
•
Chemical shares
87
Grande—
'
10.98
Diversified
—
shares
Aviation
Income
Bid4
;
..
13.99
9.99
11.91
:
—
7.30
:
84
....
10.98
—
Equipment
8.13
7.39
6.64
Rio
V
—
Chicago Rock Island A Paclfio—
11.63
9.99
Diversified Investment Fund-
—
shares
2019
4%s
107:;;
10.33
10.58
Building supply
income
104
7.72;
9.40
stock..
Bank
J
11.13
7.01
■
Chemical
Group SecuritiesAgricultural shares——
Automobile
10.13
L
Aviation
6.80
General Capital Corp—'
4.47
1st
Automobile
>.
Par
Stocks
1994
.
6.62
15.58
Conv
y
4.22
i
:
Denver &
Stocks Inc—
Agriculture
5
Fund
Fundamental Investors Inc
Mutual Trust
First
ist 4s
8.94
,
Far
Chicago Rock island & Pacific¬
4.58
3.79
England Fund—•»
Financial Industrial Fund,
First Boston Corp
:
4.03
v
;
i5.7i
Fund Ino
7.?5
7.72
.
>~. 8.09
series
1
Fidelity
7.01
%■
5.98
Speculative series
—
Fund—
Stock
>
4.06
—
Bonds-—
5.50
:
16.80
;?
common
series
27.04
25.29
Fund.
;a
Selected series
i
t
Teletype NY 1-953
(When, as and If Issued)
7.80
,
7.03
—
>Low priced bond series.^.—
v
Bell
Reorganization Rails
11.58
4.97
:
series
15.24
f
•7.10
—
stock
Tel; DIgby 4-4930
16.03
,14.20
National Investors Corp
5.92
5.
Balanced
—
National Security Series—
Bond series—..—,—,——.
148
—100
14.66
(
•
16.64
Commonwealth Invest— .—I
Delaware
Ino—10
Securities—
shares
Balanced
32.60
Securities com—100 2,870
Preferred
Fund—.
Fund
15.38
1
Fund
Christiana
2d
Investors
30.32
Century Shares Trust.
Chemical
'
5.10
"T"
Exchange Place, New York 5r,N. Y.
28.31
Mass
24.74
1
Ltd—
Inv
40
50.30
8.08
Nation-Wide
Canadian
105.94
42.29
Common
23.01
*
•6.24
10c
-
103.68
18.39'
B
.
5.50:'
Manhattan Bond Fund Ino—
5
&
Members New York Stock Exchange
Members New York Curb Exchange*
13.58
,
5.63
—_
Sayles Mutual Fund
•
Sayles 8econd Fund__10
99.53
America-
4.96
m
Fund
Shaskan
16.60
■12.35 \
.
8-4
Knickerbocker
8.48
6
1
20.82
24.41
29.31
-15.09
8-2
Quotations on Real Estate Bonds
<'V_
26.71
7.84
;;
Broad Street Invest Co Inc-
Bullock
*■
Ask
22.22
—.
16.08
—
*
Inc
K-a
.Series
.
9.80
■
K-l
Series
Series 8-1
4.55
•% 4.15
•
Series
v;
36%
Assoc'ted Standard .Oil shares—
Axe-Houghton Fund Inc—
Axe-Houghton Fund B
Beneficial Corp—.
Blair & Co-
.
7.14
„XM»
Aeronautical Securities
For
Bid
y
av:\ ;'•••'.••?.' Par ;
Keystone Custodian Funds (Cont
-
July
29
fEx-houldatlng
ZZ/v*..oi
-io'i
•
-
a
'I**
THE COMMERCIAL & FINANCIAL CHRONICLE
3326
Monday, December
,
THE COURSE OF BANK CLEARINGS
'
*'"
^
'
*
1
'
-
' \ .
.
C ^
$0di5'£$v 'Ihcior./.:'.'
1946
1'944
^.V;$rv+V''Uec. '%■ '■
Bank
decrease compared., with.; a year
clearings this week will show a
Preliminary figures compiled. t>y hSi ^aspd upon telegraphic advices from the chief;
Pennsylvania—Altoona
v
Bethlehem
■
total
stands
at
possible to obtain weekly clearings
summary
*'
i
"•
*
"
.
*
./
4
*
h
,/
»
»
,»t
w
'r~
'
-
Ended Dec. 21-<-
•
"* '\**
'*
t'
<'i, ''h
]
" +'
'"
? Vi''1"
m
/
1946.,-',; '•
'
$8,361,685,186
+
---
-
'
'
Boston
Kansas
+23.5
+16.0
§111|
+37.0
>
Fourth
;
|i
Cleveland———
■
-
T—
»
,
Pittsburgh
.
-:
+ 77.6
59.9
■
-
■
%
147,283,522
3,874,967
.
-
2,4+2,928,865
f
.
'!
Total all 0Mes»live4ays_~--~-~.
—
1,877,660,640'
2,877,184.7,61
.
4
1,881,506
692,000,000;
3,957,500 I,
3,435,706+
1,960,878:-•
2,142,647/v
2,569,294].
>+ 24.2,.)
+ 198.9,
6,673,015
6,084(86o;.;.
811;687;644 -V +13.3- J +71I*375*818yi'
712,328,89%;
2,579,018,515
I
Reserve v District—Cleveland-
V + W'
'
•
h
) '
4,519,942
+ 50.3
160,240,689
145,627,832
••■+10.0
275,086^793
237,844,634
26,767,000
21,112,000
+
; 3,871,178
3,052,076
4,990,232
+
12.9
254,308,835
+
6.7
.6,795,273
;
Cleveland*
Columbus
+32.5
Fift^t
—
J.:
:•
5,633,245
271,346,,332
4,573,622-: *- 1 4,438,120 5
142,308,060
117,392,857 1
,233,483.40V >;
258,730,144 +
,
415.7'
26.4
20,423,700.4,:
2,287,099,,, ■'
74,088,445^;/
f,
+ 26.8
+
22,51.7,600
| ends^Saturday
Wesit
+28.5 '
671,455,545
260,746,521,1
+11.7
2,514;016
11,186,000
•1,726,649
9,379,000
<+45;6
118,087,531
95,296,572
2.660,296
+23.9
Virginia—Norfolk
26.¥(
>
Virginia^hunitogtimiii^—1
Rifihmond;,_^^-_-:
:
V
:
'
^
'■ +;+,;':+■
/
South Carolina—Charleston^—.—!
Maryland—Baltimore .4-+--_-wa
District of ^Columbia—Washington^
+11.,6
>
3,533,375
-
682,913,
L3,61||
1,912,370 ♦/:
:
+19.3
+2,594,95%
172;774,426/
56,683^37
+22.5-
166,970,892]
-
401,767,792
351,251,084
+14.4
',
4-
Sixth
and the Saturday, figures, are. not available at time of going Impress.
able to give the
Dec.
ended
there
was
an
6.2
47,573*151%
331*450,5.40
42,666,463+
306,276,135 V
•
Federal Reserve Districts in which they
173,800,006"-?
3,110,900
+ 50.1
+ 44,5
3,440,484 •
+ 12.5
+ 37.5
5,541,201
477,381
422,727
+ 12.9
'""451,996,+
114,693,234
lQ5.505.2il
+
592,231,725
498,456,356
+18%..
Seventh
Lansing
Indiana—Fort
1,248,533
-
an
improvenient qf(31;5 %>
_
in(4the,palias;
Francisco Reserve-District-of 9.9%.
furnish
we
+33.2,
5,560,668
3,794,052
+
49,816,000
38,204,000
+
2,975,064
17,138,024
+Jt7.8«j*.
12,705,549
9,151,218
1,164,3-70
736,370,163
7 695,846
600,509,780
2,943,037
2,185,591
+
v
11,567,255
0,039,216
3,226,354
2,637,846
+ 39.8
.
3,670,357
+ 39.1
946,113,471
761,665,620
+ 24.2
216,000,000
92,571,947
+ 20.6w>
City^
Illinois—Bloomingtw- *
Chicago
.„.v.
-----v
•
Pee. 14-4;'
+':
■
12 cities
2d New.
york——-
;+
M
12
7
10th Kansas
667^10^4$^
331,450,540-y
459,298,066^
241,934,328
316,035,816;
-
+31.5
193,603,513
-
301,118,69%.
613,448,485-.,+ 9.9,
—111 cities
Outside New York City—
14,039,430,009
'+24.2
13,794,440,635
+1.7*2/
?
164,678,248
Iltoois-r-Qnihcy"
12,062,704 1
.
-
36,960,5201
2,351^96
16,308,046
7,559,985'
+ 48.5.1*
+ 38.8
14,315,14%
+ 67.3'
+
7,967,799 {.
42,020,219 'V
23.L,
2,616,912;
.
7,426,7961
552,866+-
22.6
479,703>
522,972,3831
1,646,151*
606,340,584
34%
+ 28.0
2,332,798-.
8,036,355» +
3;137,T98>^
*
'
5,265,073}
2,835,6415
•.
2,149,227
759,533,057.
.1,246,697
Ninth Federal Reserve
2,209,1871
"
660,286,0261
208,200:006+
^
,
' '^206,900,
62,539,4474]
v.
54,905,96%
1,336,017/]"
56.3+
+19%,,
1,098,OOOf
.354,196,4461+. ".352,953,4011
_,
+. 7,623,240
222,751,041
ninr
Minneapolis
''
St. Paul—
5,794,314
168,183,457
76,989,459
6,607,690.
V
v
+31.6
4,723,245
158,971,260
63,471,432
,-+32.4*
57*347,788 V;+34.3-
145,010,071
North
South Dakota—AberdeeiL-.-.-.
2,920,560
1,781,198
+64.0
3,701,988
8,090*492
2,661',935
6,297,993
+39.1
+ 28.5 '
1,939,131.
5,095,952'
328,684(670
246,965,958
4,856,545+
164,307,4801
59,896,797i
1,700,607
Montana—Billhigis
+ Helena
10,879,640,227
5,247,427,169
5.036,175,042
Dakota—Fargo^>T——~—«. <1
Total
OOO]
82,120,98290,049,4401
:
District—Minneapolis—
+
__
+
382,236.307
i
11.5
+ 39.7.
72,417,563
455,603,211
Minnesota—Duluth
+
564,330,949
'
11,536,585,902
f
'
1,948,868
Totkl (4 cltjes).
311,212,246
587*698,50%-
1.8
+
6,509**852,5,554,655,358,
.
__j_
'
352,952,401
240,013,636
674,416*25%^
Total
j'vTenhesse&v—Memphis
660,286*020
354,196,446 V.
240,494,855+
"
ill
240,800,000
111,673,058
101,181,285
/ Kentucky—Louisville
438j827*068
759(533,087^
328,684*670 +
"
4,028,051
Districtr*St< ;l*ouIs^
Missouri—rStv.^Louis^
306,276,135
I
"
.
682,913,614
761,665,620 ,k7+ 24.2 ^
10
aan^JPrancisc?—-10
———-
-
382^36,207 y. +19.2
246,965,958
+33:1.
"
11th Dallas
712,3i28;a93
711,375,818
455*603,211+;
6
.
6,037,494,051
946%13,47V
/
.
10
City—-----
498*456,356 ,,-+18.8.
426,073,451
v
'
.
351,251,084^+14:4
592)?31;725k;,
«
1
9th Minneapolis::-—
Eighth FederaI Reserve
475,925,817
415,498,965.};
A
"
8th Strv Louis^.-
671,455,545.4> + 11.7
.
42%+.
mu
-
8
8ii^687,644 n:+13;3- +■
:
4,509,722
Springfielda——
+
i
35/636,000 (
4,099,0931
;
'
7.9.4.. 6,483,-394,226
v.r-
401*767,79$-V
"
17
17
7th- Ch icago :
12th
919,323*621-?
10"
6th Atlanta
1944--
Dec. >
506,405,069^+ 7^v
'74$,740,510+5
••
6 -w
5th Richmond
Inc-or.
$
543,0,10,248/
+
7 -M
-
Cleveland——-
:$
7,771,944^87^ 8.441^29,338
3d Philadelphia.^
4th
1945
1946r^
s
3,660,358
'11,174,379
3,905,257
3,554,499
35,879,000 m
*.,■
44.558^360
-
•835,304.
6,560,553+
?y
3,700,595 c
*
3,504,197
25,457,886
Haute_
Decatur
+
.728,4495;:*.
'
,
Total (17 cities).
Week Ended
46.6.
+ 30.4
54,860,7,76
by.Pederal Reserve Districts: •
"438/827,068]
.•
5,822.949 A)
:
Sioux
291,054 +
98,434,759]
6,521,835
*
W i sconsin—Milwaukee
Reserve District of ^4.2.%^and -in -the San
:
.
.
„
5,203,436
12,227,852
.
.a summary
+38% +
+ 27.3
'4,415,537
-
Rockford; z
following
900,744
7,399,251
5,883,120
Peoria
In the
459,290,066,
Iowa,—Cedar Raplda,
Dee. Moines—,;
In the. Kansas City Reserve District, there
5,244.32Q +
91,758,610./
9,420,550
Wayne—
Indianapolis
;
South Benri'll..,V' "
Terre
59,-942,521]
61,833,632
8.7
v
2,336,745
51,248,769
federal .Reecrve- Dlitrlct—Chicago—
Michigan—Ann • Arbor>
<3rand Rapids
;'
(
'
Orleans
We group the
41^7%^ in^-the,Richmond Jteserve District of 144%
and in, the Atlanta,Reserve District of.-.18.6%.. The Chicago Reserve-District; h$$; to
its credit a gspn of ■ 24.2%*- in thuDpuis Reserve District of 19.2% and in the
161,900,000
)+531096,065'-'?
24.2
|
2,929,694;
4,724,153
+
j
43,197,988 +
73,587,643
Total (10 cities).
the totals show an. increase .of
Is
50,889,215
6,494,133
Louisiana—New
13.3%,:; In,the Cleveland .Reserve ^District
Minneapolis Reserve District, of 33.1%.
+ 28.5
-
13,301,212]
• •
75,279,162
—
in the Philadelphia Reserve District by
15,223,695
82,776,653
______
Mississippi—Vicksburg
smaller, by 7.9%, buf in the+Bogton Reserve District the totals ;arelarger, by. 7.3% and
//
'
3.255,174
3,928,776
Mobile
York^jDistrfct, < including this city), the-,totals? ace
this it < appears thai in-the. New
+ 23.5
4,670,356
64,980,218
i
3.3
Alabama—Birmingham^,
located .and from
are
222,100,000
17,399,905
50,554,041
179,800,000
Florida—Jacksonville*^-
increase of 1.8%, the aggregate of
ban£ clearings, at-. this center, having recorded a loss of-8.6%.
cities according to the
16,831,812
—
2,717,961
60,633,815
440,635 in the same week, in 1945*; Outside of this city there was a gain of, ,17.2%,
the
+
District—Atlanta—
Macon
h^|ng,^ounted to .$14,039*430,009+against- $13;794>-
clearings for ,the whole; country
Reserve
Nashvillei
Georgia—Atlanta
Augusta
final .and complete residt$+of the weeks previous—the week
For that week
14.
Federal
j
1,408,202
7,634,000+
85,001,614,
97,722,8924
2,777,701 4
+ 32.8
.
•'
8,690,000-
185,504,630
Tennesaee4rE^«avillei
In the" elaborate detailed statement, however, which we present further below,
we are
j.
273,934,745
.667%lQ,8464g
197,008,222
69,438,648
Total: (6 cities )-
Accordingly, in the above the last day of the week in all cases has to be estimated.
+■
I
-2,613,715/
3,286,433 |
Federal Reserve: District—Richmond^„ i
+26.2^
We cannot furnish them today, in as much as the week
issued of next' week.
our
1,641,7941'
i
'
Complete- end exact details ^for the-Tweek ^covered by the. foregoing will^appear
in
1,775,725/
'
-+r
$13,943/097,632/"+23.8/ +
$17,263,108,566
_
19,948,739
.
+33.9 ;•
$14,385,923/805 $11,364,079,117; ;+
.
/
;
'
+ 17.6 '
+ 99.9
v
t6;811,492
749,740,510
-
All cities, one day.:
1,038,084}
V"; 1,972,763
+ 28.2
.
1,980,774
2,214,557
:
;-i t8.460.620
.Mansfield,, 'a. J.
Youngstown;,—
Pennsylvania—Pittsburgh +_
,
$11,972,994,940:,.'$9,486,418,477
-
Total all cities, for week—
4;967,311
2,328,613 '
4,426,419
'
+18.5
^
Other cities, five days—
2,388,242
690,000,000+::;
790,000*000, V)'+ll.l
2,237,260 v + 42.7
%19,323,621
tpii
Cinoinnftfel
\>*|
369,639,000,«/ 292,898,000 ;' +26.2 ~
.
195,159,271
H'i.
TeniCitiesi'five days
v-
187,137,377
rT.r—,—1
r. '
253.039.84$^
213,501,690
'+
"r ""■'']++ nu.-iV'-*1
+ ■.208,292,533
Baltimore
l]
:
clfies)
Federal
Oh i n—C a n
464,269,265366,393,579 J. +26.7
309;,100,000+',;+' 193,300,000
-
.__
'
—_1
/
< lO
-5^''V.
592,000,000
332,250,954
————•
San-Francisco
-
..
,
——+ +
:
City;..
St,Louis_-__
;
.'V^
;
+ 37.1
1,338,736
+
1,015,839
i*i>1
$6,770,002,863
811,000,000
563,248/
'
'
J:
-1945
.
600,361
1*339,488^
/
+ 27.4
2,239,005
;
3,192*949
■
-
SDe^a^e—WiJtoingtpi^
-
r":++_+'
3,068,796,
.
•
+10.7.
v
722,652
"
Ne^.%erse^^ren|nTi";+
^
x
597,897,00% *+:]515,608,913
Philadelphia
"
878,000,000.
York
k
Chicago--™----
.j*.
:
1
Wilkes-Barre
Our comparative
•
.
New York
+1
;
—:
-
'
;
v
+ 78.0
922,045
: 920,625 '
'
Clearings—Returns by Telegraph
;+/%+:]++. Week
•
„i.
\
«
1,020,816
'
Scranton
4hei, sapae ^week in 1945.
for the week foliow§^;
r'
i»
/
Philadelphia
Reading;
Opt. ipreliminary::
gain for the week ended Friday of 23.5%.
a
Lancaster
823^369
1,449,353
f
——
,
those-fo^vthje+co^
$1^,26^4:0^^68 wefi8instv ^13,943^087^632^ for
At this center there is
:-—.-—-.
Chester
for all cities of the United States from which it is
1943
$
Third Federal Reser.TevPIst|cict—Philadelphia-
cities of the country,vindicate: that%o%th&
will be 23.8% abbve^
23, 1946
Week Ended Dec,. 14
(7 cities)
»"•; 4,112,009'
4,899*273 "+34.9-
^
+ 33%»
3,817,213]
1,895,068-.
1,702,747]
5,458,47$;
1
240,013,636
241%34,328f
i
We
now
add
week ended .Dec,
our
detailed statement showing tlie figures for each city for the
|4. for
;
four years;
Week
1946,
Maine—Bangor
.ii
1,339,359
New
-
BedIord-.^-%~---.---^^--
Springfield
.
Worcester
Rhode
New
V *"
''"+•]
>y %
"
r
409,249,660.
;
+
•
•
?
A ,]**•+
;
'v;' '{
+j
.
+'
'''
■
361,003,022
1,243,660 y
842%46.v,'
:
l,651,787ii
'5,508,602* v,
5,846^)16
10,082,575
,
.Puebltr
4,58?;735
+.+■/
(10 cities)
1,695,389
..,
6.2
+
v
4,965,564!, +19.3,1
5,475,936
19,316,lf8
10,370,554
:;
+
20,776,600
4,911,175-
23:4)'(
8,001,236;;+ 29.6
26,546,300
1,4417566
22*288*191
Texas—Austin
1,432,231
;
+
5,310,1-18}+.
4,675,847|
76,356,83$™*'
+ 34.0,,
82^93,7401
3,162,698++
+ 13.8
+ 33.5
.
+3L0
■-
1,157*177"
+18.0'
+ 18.4.
.
2,535,098 +
V
199,278,923?++
6,748,p2l+v
7,775*431
+32.0
■
254,926 ■
306,356+
295,8414
34%/+
8,838,607c
-
-
1,233,8774
-
1,117,999...
•
_
1,070,41%
+31.5
4,505,706
+54.9
2,975*687
3,597,240?
158,311/000
17,764,108
+20.0
133,243,000
114,710,000}
301,118,695
6,964,589.j-
.
+27.8
22,092,000
7,024,496
:'
\: .26,148,967
Worth^*^
Galvestohv
19,687,700
.
-Fort
1,094,071+31.8 r
>
737,781
'
'
311,212,2464
543,610,248
506,405,069.
v
+
7.3
475,925,817
v
426,073,451
Total (6 Cities)—
+
;
+240,494,855
+: .3,191,000. '-+
+ 54.3
+ 20.2 ©V;
7,247*741
+
193,603,513
■
+16;420;614++ + 15,782,6361
47.2;%
2,359,958
9,205,104
•
+
3,415,000-
5,269,000
2,835,664
•
Wichita FallS-_»-_-+
608,461
.+■■ :+..■+■■ ■'
6,977,120
190,059,000
:
.
202*478,597!
+*,424,784!
316,035,816
J+—-+*
Louisiana-r43hreyeport
Total <12 cities)——
8,481,558
1,702,928
215*64%;.
:
+23+4
.
EleventhFedeval.RMerveDistrict—Dallas-
3,337,997
18,461,926
"
Hampshire—Manchester-^——
"
415,498,965
-
445,419
5,164,149
79,853,798
5,137,594
7,551,910
205,941,409
269,740,362
11,198,686.
2,009,976
:
Colorado—Colorado Springs—
Total
,
'
106,982,921
:
I
■
+ 34.3,
324,820
436,159
*550,000
1,436,928
•
+
6,956,881
,
St,;Joseph_i____"
435,064
1,871,097 .'+32.4
"
■■■■."■
Missouri—Kansas1 City+v—-.-.------
970,865
•
■-
<plst|rlct—
Omaha
Wichita
3,836,771
6,674,388
23,837,964.
-----
Island—Providence—
Second
4,116,005.,
7,086,404
New 'Haven—.———--——-—'
.
1
854,221
,
2,477,483-
;
'
Tenth Federal Reserve
T.tnpnln
'?*
1,389,546:
1,396,597 w'+29,7;
676,871; +16%
787,505
———_
Connecticut—Hartford
$
+ 46.5 j
+17,6
436,093,961",+ 4.8i
1,811,922
(
/,
4,199,207.
456,875,461,
Fall River——.—
*•
Kansas—Topeka
4,937,358..
Massachusetts-rBoston,-;?-------~--.rf
1943
':1944jV'
.•
1,961,795
,
Inc.'or.
Dec.
$
+.
Nebraska—Fremonlj
Hastings;'■
Ended(Dec,. 14-
1945
*
Clea^ijugs,tat-TT„
Firs%Eederai Reserve pisjtriot—Boisteii-
■
J
+
27.0+..;
v
3,498,000/
>
1,787,357+
.
1,715,044 +
,7,058*599;; V,
.
5,707,15V|
.164,678,248
145,010,07%;
•97*471,489
+ 24.2
98,554,988;
3,929,719
83,061,046
35,646,852
2,545,183!
Federal Reserve District—New ForkTwelfth Federal Reserve District—San Francisco—
New York—Albany———
21,446,842
8,483,939
+ 152.8
2.977,999
2,084,071
+ 42.9
Bingham to Or
Buffalo
79*179,274
v—
Elmira
Jamestown v
^NewYork_T
.J
1,680,648
1,352,600
7,529,576,038
8,239,785,277
8.6
19,-762,003
;
17,013,474
+ 16;^
Rochester
Syracuse
'.TTTMSSW—'B*_.;
Connecticut—StamfordsNew
Jersey—Mo n tc 1 a i r.^...
Newark
Northern New Jersey.
*
Total (12 cities)
M
r
+
6,289,158,733-
9,755,524
:'/
43,018,548.-4
34,060,134
50,713,278
52,060,963
7,771,944,587 J 8,441,229,338
j
—:
;
•
f
;
-
12,818,572
.
541,683
31,440,248
46,272,858
51,816,604
^
Lake
■!
J
>
■
92,682,308
City—
California—Long. .Beach
9,273,276
++• 8,446*110
Pas&dena
^
San
Francisco—
V:
San.
Jose.;.
+
Santa Barbara..
-
9,264,365
+-
6,584,189
335,073,000:
-
389,112,000
12,475,678
8,347,602
4,405,028
$ 8,007,363
3,634,194
6,564,929
+
674,416,354
+++] 613,448,485
+
14)-039,430,009
13,794,440,635
6,509,853,971
5,554,655,358
7,845,945
+ 49.5
+
Stockton/
i.
,,
46,919,287
.
1
87,286,4151
39,606,814'
11,910,095+;
"
4,558,985;
306,923,000+
5,161,042*
2,549,546;
+ 22.0
2,959,517
5,862,383
9.9
587,698,505
564,330,949'
+ 1.8
+17.2
11,536,585,902
10,879,640,227-
21.2.".
5,234,88%
6,881,197
35,879,007.
7.9; ./ 6,483,394,226
Utah—Salt
5,023,753
80*442,273
+2l.ft/i
3,609,806 + + 39.2:
+ 14.1- +
81,229,471
+ 21.0 +
38,781,154
11,163,702
—i6;p
+19/1-7,092,354
+
4.4
372,583,000
•
98,071,551
./■ /
Oregon—Portland
1,18Q,077
8,173,422
585,$16+"
Yakima
,843,465,185
9,209,025
8,086,535V
(+26%
—.2.6
•
,v
2.8
736,094, V—,3.8
/
;/12,168,605':'
+ 373
10,024,208) +
>
1,465,552
a+24%,; :1,157,205^
H,124,377ii (•4 8,100,875
707,791 ;/
; 70,022,000
1,399,543..
•"
'
Washington—Seattle;
1,651,735
64,374,000.
1,302,081. X+33.1
:
8,037,776
1,848,060-
66,494,306' f +19.-1
1,733,581
13,254,839
6,037,494,051
Total (10 cities).
Grand Total (111 cities)-.^---.-.—
Outside New *york^^^e«?-—
•Estimated.
tNot included; in-totals, v
5,247,427,169.5,036,175,042/
.■;+/!
V'+> '>+'+
'
■
./+
v-
'
,
/d; 0+0+/0+
•-
:
/
■
*i#'bV
'!»
i
:'..4r?+»
>•!",•
pax#,4>ar j».;' •".-'
K.
<',,J:'!*v^vV,v.•'-•!*w; •+••'» ••/' i■/'"•'V^A, J'v; /,-.I-.*,%";i.1-:-.'.y
MM&
Tfc'jl* "tojO/
.
.
>
i
V-'.
#sV' ,f '5r' ;'-..'i
;%
iTHt-''^
A '■•,*? •'At*
i
&w
-\.& :■«
*.
■
mm
t"
J?Wi« >+
b
;;:|Aq. .-;■'- A'?-
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4553
■■■.'
' '
> -:: ?v
Ipursuant
exchange rates oertoto by federal res
DEC.
r
'
i
i
3327
if
,mi i
Mil'
"
"
.
"I.
N
nt
_
hi,'in. I... .in
jj
yni; i j i
I
movtgatre 4%
Vv;
<•
bonds due
v
,
•<
^
-i*
-
.
'
■
°
.
ti-.il -"'4.
('."'-."i'.'.v"..'"1-'.-.''!!'.'-.- '11." .'-J t'l:l j,"-'
HoP» Buying Rate to* Cable Transfers Ur New York;
Value in United States Money
>
Country .and.Monptary Unit
V
Argentina, peso—
:
Dec.
Dec. 14
Pec,.13
,
Australia,
i;
.
-
-
-..'•l!lM!1.-. ; '
•
""..
-
-
..
?
•3 .251247^
3.210116 :
:
>Dec. 18
.
1
,
.251247*:
.297733*
.251247*
3.210116
.251247*
3.211116
; ■■■
.022794
.022794
,022794
1.000000
,.v-.
.054053
.054053
.054053
.054053
lOOOOQQ
J!5203i
1.000000
1.000000
:r
.
.951053
.954453
.020060
England, pound sterling—.
France (Metropolitan) franc_-----r-r---i:-r--.r---Te:
•
<
.205830
.
''Is*"''*'- j
"
<■
V
' '
Newfoundland, dollar—
,
"
1.00000Q
1.000000
.' .952083
.949791
'Nefr Zealand, .pound^iA-—^ 3.222166
.377893
;
A
Portugal, escuao———rWr--Trrw9!a<:i^
Spain, peseta_>>---»-j>-—----r-r-r~~——-rrr:-...
Swepeni krona-__--w_^.~-~---.---——j;
Switzerland, iranc--Hi-iAjji-^-■ ,;;
'
-
-
;
,
.3778935
can
.205831->
.040501
:
.040501
.091324
r.
.233629
.040501
:
•
.091324
.091324
.091324
.278207
.278207
.233629
-
4.005000
4.005pqoj;
.040501
.278207
.
.233629
-
.040501
:
.233629-
<4.005000.
.233629
•
,4,005000
4.ao5ooa
i
"
,
,
r
.658300*
a
.658300*
.562716*,
».658300*
.658300*'
.562716*
.658300*
;
.658300*
'
.562716*;
.562716* '
Noncontrolled—
,56271ft*"
.562716*
r»
_
+
.
*h\-.
«
.
'
.
'
*
„
t
^Nominal rate.
Sfateiiielil of Condition of the 12 Federal
Reserve flanks Combined
■
'
Dec.
'v
18,
-
P
Hi/V "v t)ec.;19,
/1948;-'^-*^'4945 ■
1
-17,589,17a
^R
793,736
+
-
•
,§19,963 4
a7,314-
DipppUnts pi\4 adv^ppes
"
'579
loans
:«;^qvtjaepuriMesj;
i—-i—a-
V 1,676
I;
>668,449
33,216^979;
and aecurltici,
foreign banks
93,51151^
.133,404"
3,285,374
32,538
..48,002
loans:
Uncollected items
Bank premises
Vr
+
...
•*.-
■^ 45,647,691
,
Increase (+) or
Dec.
Assets—
■
11,
Decrease (-t-v since
Dec. 4,
Dec, "12,
1946
'
1946
Loans and Investments—total——______
J
57,641
Loans-sr-total «—«.n-^—
:
———
16,703
—
24,963,181 '
.
■
> 60,690
;299,981
+
"'wr- ■"*.'!■:
16,516,786. ,.+ 37,597.
236,807
525,969
243,967
.
.
'•
:"'-■■'
v
;
,
•
\
—388,791
+ 44,232
•
'• —'318,039./
..195,615.;.
and dealers
carrying:
1945
+
58
+
97
+
+ 116
+
3,159,
—
1,121.
+-10,393;
875
398
securities
Other liabs.', incl. accrued divs.
UM
+478,510
—
isa!
..
+
-;
.
,
44,973,183
.
r-,——
89,218
+
384,235
+
Other
+
11
188
!!502,787
of:
185,643
385
+
+
40
2,229
+
18
5,497
indebtedness,.
Treasury nates.^.—
U. S. bonds (Including guaranteed
4,427
•■'!
+
.
+
.
8u|plu,% (Section 13b)v—
Other, capital accounts-..
.
Cash; :in
3,366
■"vaulfe-i.^i'+.w---.-.-
130,202
.
+
103,082
.+
45,647,691
+
4l3%
+
.
■
1,378
-r-
Balances with domestic
Total-liabilities 6t, pap» accts,
note
Q.fi.%.
+
to
1
liabilities combined-
liability on" -bills1
purchased for foreign, cor
respondents —.J—'——,--.-.
,
450
+
+
.
90
547 f
+
—r
35
—
.
to
make
—
23
—
12
+
1,435,A
5,690.
4,689
+
loans,
,
r WT* T*r
,
;
,
interbank «and U.-: S. Gov't
dtirlng: week-—-,-...——
28
+
;' ::6,44a^!
Indus
8.331
■
6
—
34
2 7v
2960
2695
-
2963,
—D^c 27
—
2963,3
2836
-Ar-'.AA
%i
$003
1
3003
1
Paga
Date
--Mar
1
■
5 %,< gold; debentures,
.
1st and
refunding mortgage 5s due 1947————Any time
International Telephone & Telegraph Corp#—
4M»% debenture bonds, due 1952
+
67
+
62
100
420
.
+
59
386,
—
+ 323:
+
2,941:
+ 1,038.
—13,367:
:.f
—
65
+
9,364
1,249
219
—t-
69
-r-
18
+
38
—
1,478
117
+
39
—
•
—
15,707-
15
*
Jan .6
3145
Medusa Portland Cement Co., 6%. preferred, stocks——Jan
12960
National Tpwe.r
Building, New York City—
;
Stamped, 1st mtge., fee. and leasehold bonds due 1949«.Jan'17
1st mortgage fee. and leasehold bonds, due 1944——Jan 17
-\
■
Condition Slatemenl of Member Banks
(
weekly reporting member
Federal! Reserve System in 101 leading
cities shows the. following principal changes for the
week ended Dec,'11: Increases of $116,000,000, in com¬
mercial,'industrial, and agricultural loansj $137,000,000 '
in reserve balances with Federal Reserve Ranks, and '
$323,000,000 in demand deposits adjusted.,
T *,
Commercial,,, industrial, and agricultural loans in- :
creased $59,000,000 in New -York City, $14,000,000 in the::
San Francisco District, $11,000,000 each in the Chicago
of
the
.
1st mtge. 4'As, ser. A, due 1998-Jan
Nortb American Elevators Ltd.—
1st mortgage (leasehold) bonds, series AYork
Utilities, Inc.—
Jan
1
1726
1
2695
,
1st mortgage bonds, due 1964
Jan
5%k 2nd mortgage debenture?* due 1959-,—,-——Jan
Notices
and
St.
Louis
Districts, and $116,000,000 at all report¬
Including those called, under sinking fund provisions.
The date indicates the
redemption or last date for mak¬
ing tenders, and the page number gives the location in
2
2961
2
;
-
2961
'
Loans to brokers and dealers for
■■■■'■■
'
NOTICES
OF
514%
-secured
Central
RR.
1st mtge, 4s
Union Pacific Ry.,
,,
Pag*
-
bonds-;—,-.—'-—.-.———-
Branch.
'•
Daw
Dec 26
3146
Dec 26
1st mtge. 4s
3146
Dec 26
3146
:
.
mortgage bonds,- due 1954————-Dec 31>
Philadelphia Wholesale Drug Co.^ 1st mtge^. 5% bonds--Jan
Safe Harbor Water Power Corp.—
4 y2
*
2057
fo.
1st mortgage bonds, due
Southern
1979-——^-—A_Dec^-26
Pacific Milling Co., preferred
Swetland Co.,
.
.—Jan
4
2836
■
Toronto, Hamilton & Buffalo Ry
Consolidated mtge. 4ya% bonds, series A, due 1966—Feb
United States Finishing Co., $6 prior preferred stock
fin Vol.
161.
1249ft.
1
3450
Dec 31
2736
Ltd., 1st mtge. 4ya% bds., series A—-Jan
♦Announcement in this issue,
"2835.
stock__r —31) IM3151
*
C
gold debenture bonds; series A, due 2022———July 1 *47
'
^
8tock£:_li-_AP^.;; $835;; %)
1st mortgage 6s, dated 1930—
Woods Mfg. Co.,
' 3149
' 2962
2
'
Silyerwopd Dairies, Ltd;, 40-cent preference
~
TENDER
«;
1
Philadelphia & West Chester Traction Co.—
Texas Power & Light Co.—
given in the "Chronicle."
Company »nd
Missouri Pacific RR.—
Coal. Co., 1st mtge. 6s, due 1948-1956—Jan
Pennsylvania" <§ugar Cov 5%' preferred stock, par $10-—Deo 31
6%
Cairo & Thebes
ing member banks.
were
Penn American
General
Below will be ifoufid a list of: corporate bouda,; notes,,
preferred and .common stocks called, for redemption,
which the details
.
.
'
Redemption Galls and Sinking Fund
The condition statement of
*
•
Nebraska power Co.—
6% debenture bonds, series A, due 2022—Sep
1 ,'47 2960
1st mortgage'4yas% due 1981—.,
—DeQ 2$
$147
4%
'
■
2287
1st den As ref. 6% bonds! series B, due 1947———Any time; • 12822
Ottawa^ Valley Power Co.—
Accounts,
figures j tevlsed (Chicago: District)*
____Feb
Lincoln-Boyle Ice Co., 1st mtge. 6s, series A_^r
>
1722.,;
——July 1'
-
Panama Power & Light Co., 20-yn 6% debs., due 1947-Jan, 16
banks
.
2961
2835:
due 1953
—,r-—
,Feb. 1
22$1
r
1st and refunding mortgage 514s, series. A, due 1957-Feb • 1 '
3138
,<v *
Aspinook Corp., 6% .1st mtge.' bonds, due"1948————Feb:i4::
^British Columbia Power C0rp.,;Ltd.—
'r
Ist-r-clundlnff and coljat trust bonds (all series)— "Jan,. 2
2954
BrownTFormaCDistillers Corp.— ;
'
t" '
J • $5 prior preferred stock—
IDec'-! 312954
Butte Electric. & Power Co.. 1st mtge. 5s due 1951—Anv time
12142
Canadian Ceianese, Ltd., income funding rights——Deo-30
2827,
Champion Shoe Machinery Co., 1st mtge. 4s, dye 1948—Jan
1
2540
Consolidated paper Co>,Ltd.w '
'
:*
1st mortgage 5JA% bonds or debenture stock
Jaa
2
;2284 f
Cumberland Gas Cqrp.—
General 'lien, 6%^ income bonds, due, 1948——,_Feb
13141
Delaware Floor Products, Inc., 1st mortgage 5s
-Jan
1 V 2956
Dominfon-Scottish Investments, Ltd.— ' ;
1st collateral-trust 4% bonds, series A and series k~Jan
1
2690
Economic Investment Trust,' Ltd.—
'
1st collateral trust 4% bonds, series A
,^-Jan
2
3142 1400 Broadway Building, N.: Y. City—
1st mortgage leasehold bonds, due 1948*-Jan
1
3143;
Great Northern Ry<—
4ya% gem .mtge. gold bonds, series E, due 1977
July 1, *47
2546Irdand. Steel Co., 1st mortgage" 3s, series F, due 1961—Dec 27
2831
International Paper Co#—
5,361
+
2833,;
Aroostook Valley RR.—.
Norfolk Southern Ry„
Borrowings
•
:;: trial
due1197l-T-
Northern New
—
2411
2
Kansas City Power & Light Co.-—
l?t preferred stock, series B——
569
+
<
+ 137
+
10,330
3,436
...
.
6,443
bonds
,
82
+
9
Contingent
Commitments
24U
31
:
U. S. Government deposits
Interbank deposits^: >
Domestic ? banks^-^^
Foreign banks.______
1.3%
gold certificate re¬V.-'
deposit; and: P. R.
of
serves
596,028
-—
1,930
—
75..
2,184
,
Demand deposits adlusted--.---,-^,,^^,^ 40,322
47,874
+
*
15
.-Dec
tiftbrntiesr-.
263 "
90,981
•on
71a
banks^,—
$^ePnsit»t
.
5%
■
27,0o2
dsecmritiesA--^^*—
10,457
10,650
--358,355.
27,428
hL..-:--A..
:
434
—,
—
13
ri-
Sutplus (Section
2288
,
+
—---r.—-
certificates
;
27
—
428
banks
loans.:
Treasury
2,893
:
I
15
.
767
;
—
596.
Other
Ratio
24
;
584448;
+
•
;
5Q
---
—
1,531
Oupjttal Accounts—
2959
2959:;
^
752
for pur¬
Other' securities—
Other
—
—455,g20
2,471,674
Capital, paid
or
Othpr loans for purchasing or carrying.:,
U. S, Government obligations
i
Loans to
.
liabilities
;.■■
.,
481,433
—
60.400
—
17,523,529
Deferred availability items-..!-.
Total
ta brokers
10,287
U. £1 Government obligations—
; ;
610,852-
,
^
chasing
■■'■
<:
^Qtui deposits _l^r._
.
loans
;
Loans
.
'■
2287
l
28
■
liabilities—'
'■
2959:
1
-
(Commercial, industrial, and agricultural
Deposits:
;
Member hank—reserve fkcct.,,
U. .S.- Treasurei^gen, acpt»
poreign
'
pther
——
mortgage
Washington Terminal Co.—
'
'
1st mtge. 2%% bonds, series A, due 1970
—Feb
Wclsbach Engineering A Management Corp.—.
Collateral trust B% bonds; due
1953——————^Jan
(in millions of dollars)
596,028
+
+ 90,981
,
1st
^ 1st mortgage- 4%% bonds; di^: 195Q-^,^-»T^r-——^-Ded
Berrowings
...
1
2831;
31
Twentieth CenturyrFox. Film Corp.—
$4.50 prior preferred
stock—-Dee 27
Union Gas Ca. -of Canada, Ltd.—
'
'
'
credited
1,115'
15,113
■
Totgl assets.:
2958
.
.
.
—5,874.
'
.
*
^.2,013
571,227-
+915,235
2
'
.'Other.' gsseta-
5*946,
+
Co.,
.
8
102
Dyeing
Southern Counties Qaa Co., of Calif.—
1st mortgage 3s,:
td domestic banks declined $69,000,000:
increased $20,000,000; in, the Cleveland
'5C~4§7,08.5-'' Disfrict and $06,000,000jit. aR reperting member banks. '*
:M, summary oof the assets and liabilities of
reporting
515,663
member b00ks,fQllow$:
■
'
'
1
-9.04,432
P.-R.'notes of -other tanks Wf-'
Total
:
—1,764,350
193,502^
T916,.88?
Due from
Queen
—-
;
apvt. pecurltiies^
Total u.
1
31
:—Pec 27
Pemapd deposits adjusted increased in most of the
ENTIRE ISSUES CALLED
districts^ the principal increases being $90,000,000 in:
^New -York City; $71,000,000 in the Chicago
Dis&ict,^ and ! ?
Company and Issy^—
$02,000,Q00Jh the San:Frap^soe
Algoma Eastern Ry,, 1st mortgage 5s
American, British & Continental Ct rp.— ""
Gpyernment. deposits JPQDeGsed ; $65,000,000;
Deposits^
^
753,390
:■■■
2288
Siqnx City: Gas & Electric C6.+'
f
,
i
;
1st mortgage, and collat. trust 2% %
bonds, due 1975-Jan
the San Francisco District.
•
"
•—539,800
355,300.
-
Notes
56,902
„
-394,082-.
+ 17,000
7,447,012
-
13,003
' 553 ;
-r
14,655,277
^illS;
7,210
t
302,953
A-—-
Ref. mtge.'and collat, trflst 35A% bonds, dye 1970
$20,000,QQOrih-the Chicago. District and $12,000,000 in
34,724
—
250,848
Certi,ficates
2957
1
1st mtge. & Collat. trust bds.; 1973 series_Jan
Co., 3%-6% debentures due I960—Jan
Pennsylvania Water & Power Co.—'
declined $75,000,000 and $35,000,000,; re-..
,^5Q;
2,312^
^382^14
Total gold ctf. xeserves--,^.
..
2
Cons. 3ya%
000,000 ip New York City and $82,000,000 at all reporting
member - banks. Holdings of United. States Government
bonds declined $58,000,000 in New York City and $23,000,000 at all,'reporting member banks, and increased
R.
other jsasii —J—:„-L—..-w
;
Jaa
.
New England Lime
spectively;; Holdings uf Treasury notes increased $78,-
521,613
105,002
+
-yyy,^—
Industrial
oi indebtedness
.
Gcpd certificates
i
Since-
Dee.
•
1946
secur-
iox the same purpose declined $27,000,000.
Loans to,
bhnks increased $|0^000,00Q.
! fHoldinga of ^Treasui^ bills and Treasury certificates
„
Deer.
or
<
i
tticSLi ^echn£(i;$44;000,00(> in New York City; and $50,-,.
OQQjQ0O?al^l ireportipg; membou banks; loans to others
'
f.:^rhcr
i>
purchasing or carrying United States Government
,
(id thoUspuda qf dollars)
POtp^
2956
2017
——
'■
Bcdeinptipd A/uud
1
31
.
controlled---—-^^-*^-i-»-^7rf^-r^^r-r^j,¥'t,;i':'
.
Jan
—
.278207
r
.201612
1718
Deo
Public Utilities Corp.—
^
'
414% convertible debentures, due 1956-—
Goodall-Sgnford, Inc., 3xk% debentures, due 1956-4--~~Jan
Greyhound ,Corp., 3% debentures——
-_Dec
ivgeraUf Square. Ruildlng,- N. Y. City — ■
1st mortgage leasehold
bonds, due 1948—
Dec
Indiana Service Corp,—■
■
1st and refunding mortgage
bonds, ser. A, due 1950—Jan
1st lien & ref. mtge. 5%
bonds, series A, due 1963--—Jan
Jewell Tea Co., Inc., 4*4% preferred stock—
_Dec
Lake St. John. Power & Paper
Co., Ltd,—
'
1st mortgage. $%%,. serles'A——,-,-jan
Lefcourt Realty Corp., .prior
preferred stock
Jan
Little Company of
Mary- Hospital—
1st refunding mortgage serial
bonds, ser. A, due 1955_Jan
Macfadden Publications,
Inc., 6 % debentures, due 1968—Jan
Metropolitan Ice Cq., 1st mortgage 7s, due 1954
Jan
Moirs, .Ltd., 1st mortgage 68, due 1953————
J,—Jan.
Montreal Light, Heat: & Power—
'•>
1
;•
.947083
.201613
1
<
Great—
1st mortgage serial bonds due 1947-1948
Uotton Mills Co., 6% preferred stock
Florida Power 8s Light Co., 414% debs., due 1979—
3.224000:;
3.224000
;
,
.201612
.
i:-."v::091324
.091324
.278207
.233629
Jan
-
?
2955
2826'
& Domini-
the
Exwln
l.OOQOOft
:
.946041
.223000
i
.201612
.278207
•
Assets—:...
Thomas Aquinas
Fathers, Province of St. Albert
.
1.000000k
..^49583
3.223000
.040501
.
!i.oooooa.
.951250
i-
.201612
4,9P500qj;;
Uuip^'pf South.; AfripE, pound-—
.
.377893
1.000000
;
,201612;
/
.377893
,205831
Corp,,, 20-year 6% debentures—
Dominican College of St.
.301504
—
3.223000
tr.r^^^T-rr-^-rrrk^
Uruguay, peso—
.008408
■
,301517
.205827
2955
1969—*--.-—-—-Feb 1
1974-_^---——.---Feb. 1
preferred -stpck--i_Dec 30
General
"
^
Detroit Steel
4.029765,;
.008408
;
.301517,
~
.208693
4.030000
.008406
,
.1st mortgage 3%s, series E. due
1st mortgage 2%s, series
G, due
Cleveland Graphite Bronze (po., 5%
.020060
,.
'''Official—*—^"—■»——•••!,—;, ■.?
i
.208693
.
<
,
2955
2955
—
.949375
.571400*;/
'
.020060
4.028906
.
205831
i}
.377893
y
"V
.208693
.301517
/
.377893,
■
'T^
.
.
4.028750
'
.571400*
-
.020060
-X .008403 jc
"
>
.301504.:
,205845:;
Mexico, peSQ—--"""TV'-"'',''''.■ ;»y» v;.:,
*
-
.208693
'
.948437
.571400*
". .020060
v
.008407
.008407,
^3Q150Ci;^|:
Netoejrlpnd^,'
'
.208693
i
.571400*
.
:
.
295§
,
1.000000,V
'
.
In^ia (British), rupee
'&.
.953671
•
'
4.028671
4,027650'
.
^
•'
.020060
.
.208693,. ;■
Denmark,
'
.571400*
.ST^Oq*'
ColpBfibla, pesq^—.
Czechprfovakia, koruna-^__-___---------r-r-rTrr-,;::
1.000000
,
2954
3139
15
Co.—
1st and general
mortgage 314s, series M, dye 1972.:Jan
3
Chicago M Western Indiana1 RR -*
1
1,
•
t
1st and ref, mtge. 414%
bonds, series D, due 1963——Mar 1
Chilean Nitrate & Iodine Sales Corp.—
5% sterling income debentures—:
—-^Dec 31
Oincinnati Union Terminal Co.+" '
;,
*; '
-
.022794
.054053
Canada, dollar—
Official--?-;————————————
2954
•
.022794.:
,0^2794
,054053
.
2682
,
23
mtge. bds., due 1960__Jan
Central Maine Power
3.211116
,
Belgian^
BraaUi Cruzeiro--—.,—-,
8137
trust Income bds.,ser. "A_Jan ' 1
Bowater's Newfoundland Pulp & Paper
Mills, Ltd.—
1st mortgage 4s__
Jan
1
Bush Terminal
Buildings Co., 1st
$
.297733*■
s;251247*;
3.210116
2953
.'I/.- k ^ ).•'\<f'
Bolivia Ry.—
5% mortgage & collateral
Deo.. 19'
v.-'V
$
...297733*
.297733*
.29773341
.297733'*.
:
Pan
ACP—BrlU Motprs Qp„ 6%. Income (jebs., due 1969
-Dec 31
Centrpl fermipals, Ltd.—
'
<
; ?; 8%:lst rpprtgage debentpre stock & bpnds, due 1959-Mar 15
Algoina Steel Corp., Ltd.—
'
V
1st mortgage convertible
5s, series A, due 1948—_Dec 31
Anglo-Chilean Nitrate Corp., income debs., due 1967
Jan
1
Belgian National Rys.—
American shares representing participating pfd. stock-Dec
.': Dec. 17
il
3,209286
pound---r-,---~--r---.-~T-—-rrr-T"-.--?!-
10
$
.251247"*
Official——-——
3193
':v.' V: PARTIAL REDEMPTION -'
-
.
p;;VA-i
12824
Algoma
19, 1946, INCLUSIVE
^
,;i
West Penp Traction Oq., 1st mtge, 5.3, due I960——__Deo 23
erve- bane: to treasury under, tariff act of i»30
j."" J'J'A'y. j.'11
;:(""iy..ii!: ji J.;.''p.
pa«a
C
,
Anv time
Date
1946 TO DEC.
13,
^
:
Datg
^
1947
week just passe^:
We give below a record for tl^e
Foreign
?
L.'
4
JpdBph & Grand Island Ry.—
'J 1st
buyipg rate for cable transfers ia the .different countries of the>
tifyipg dailyto-tho Secretary ofthq Treasury the
vfpfld,
:8t.
the requirements of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank is now cern
to
<f\
••
1
.;vu"X:,Vc
,;;-.f*
'Company and Issue—;
Foreign Exchange
,.,
V
>■■■;
=V V<;.(
J
-'.'v-x:
A-
V'.:.
,:.
L*
(J-
:V
'■
-A,,.,.
r,-,.,...
Volume 164
■
.A : ■:
§In Vol. 162.
2
3003
■'cA
COMMERCIAL & FINANCIAL CHRONICLE
THE
77
Transacted
115
Wanamaker
&
Brown,
Inc.,
115
Wanamaker
&
Brown,
Inc.,
capital---**-*-*
capital
common
common
Arcadia Consolidated Mining Co./- Mich.-.—.-,-,
—/
Mining Company, Mich.—
——-——Franklin Mining Company, Mich.——--———-
10
.....
13
.
Copper Company-
Canada
100
70
Gadsden
•
(Del.)
Co.
Copper
>' ><;,A •
,'i
'u
i
>
jv
1
6% convertible
Coca-Cola
B lot
W—
Class
-
ParticipatingColumbia Breweries,
grouped in two separate tables. In the
first we bring together all the dividends announced the
current week. Then we follow with a second table in
which we show the dividends previously announced, but
which have not yet been paid. Further details and rec¬
ord of past dividend payments in many cases are given
under the company name in our "General Corporation,
and: Investment News Department" in the week when
Dividends are
AUemannia Fire Insurance
(quar.)*
Ji
Extra
class
AU Metal Products,
„
$4
75c
,
*
-;y
Extra
(quar.)
preferred
8%
15c
30c
37/2C
(quar.)'*
preferred
,
12-20
1-6
12-20
1-15
12-14
50C
40O
.Paper:Goods Co. (extra).Screw Co. (quar.)—
American
American
Rvtra
$1.50
Hocking Glass,
,--
Textile
15C
7
Insurance
(accum.)
class A
$1
Crown Life Insurance
$1
$$2
5%
.
(quar.)
preferred,
TCvtra
.
■■■.'
(quar.)
$2
25c
;
—-
50C
—
17 %c
$3
$3
Extra
12 %c
ZIV20
'Extra
50c
1-2
***„*-—
:*V
1-15
partic, preferred (accum.)_—
$5
Baystate Corporation (quar.) ******—*
35c
Belt RRrf Stockyards, common (quar.).;
50c
6% preferred 7(quar;)_-^w—75c
Ben-HurrProducts, Inc.—
$1.75 priorrpreferred (quar.)
43%c
Bessemer Limestone & Cement, common
.
$1.50
4% preferred (initial quar,),«*»**--*--**•',,
50c
Best Foods, Inc.
(s-a)_———*__*——-.—
6®c
Bickford's, Inc.
—
40c
•6%
40c
-
.Bingham Stamping Co. (extra)—;
Blackhawk-Perry Corp, (s-a)—
Corp,
Boston Herald-Traveler
Special
v
Extra
.-
7;
;■
-
-
.
—***—,.
1-2
12-24
12-24
12-30
12-27
1- 2
12-16
1-15
12-12
12-10
12-10
12-14
12-31
50c
25c
,$1.25
31 VicBoylston Market Association——$5
Bridgeport Hydraulic Co. (quar.) ——
-4—
40c
(extra).—.———
Mills, .class A—--—preferred (quar.)—.——
—
Botany Worsted
5%
Ry. Co., Ltd.—
Elec.
British Columbia
prior preference (s-a)«*
& Company,
Burns
Class
Packing
■California
..
50C
1-25
75C
12-17
———
1- 2
1- 2
2- 1...
12-26
(quar.)——,—12Y2C
Corp.,
Ltd.—
:J.—
—$$1.50
(Winnipeg)—
Canadian Fairbanks-Morse Co.,
S% preference (quar.)...
Canadian Fire Insurance Co.
New
&
Canadian
$30c
1-2
B
Class
Carter
(J; W.)
Catalin Corp.
$20c
VCo...15c
1- 2
12-31
America—...—20c
1-20
25c
25c
1- 2
1- 2
—ZV/2C
1- 2
1-15
12-31
of
Extra......
common
....—.....
......
preferred (quar.).
Co..
—
Central States Electric, 6%
pfd. B (accum.).
6% preferred C (accum.)
1% preferred A (accum.)
Central
$1.18
15C
37V2C
37y2C
4%% pfd. (quar.)...
Central-Kansas Power,
Paper
(quar.)
Wesf Utility
Co.
:
$1.50
(year-end)...
Shares
Chadbourn
'v., 4Vi%
Trust.
Hosierj)
•
—
Mills,
Chemical
Transit Co.
Fund, Inc.
60c
—...
25c
common
convertible preferred
Charleston"
J; 1-6
15c
Century; JSleetric; Co,
Century
12-27
12-27 :
12-27
433Ac
1
(year-fnd)
...—
,
1-10
12-20
12-20
—
(accum.)
B
1-17:
12-30
1- 2
12-14
12-16
1-157
1-
15C
12-31
12-21
6
12-21
37 Vic
12-26
1-2
$1.50
12-20
12-30
$15
12-31
1-15
12-20
15C
1- 1
12-21
50c
i-io
preferred
87%c
•
2-1
.
,
2
1-8
1-6
2-1
$1.05
(quar.)
1-
Consolidated
Gas
9c
$1.25
12-13
1-15
12-27
1-15
12-27
1-15
12-27
1
12-20
(extra).
preferred (s-a)
Associates (quar.)_
Mfg. 7% pfd. (quar.)
Emerson Radio & Phonograph (quar.)......
60C
.
7
1-
.....A7
75c
Life
Insurance
1-
Corporation (initial)
Fairbanks Co.
(stock dividend)
& Co.
1-2
$$1.68
1- 2
IOC
1-15
$1.50
1-
Co,
(year-end)..
12-16
1-6
$1
1-
1-20
45c
......
12-23
4
12-17
1-20
1-30 ;
30c
' 12-21
12-26
1- 2
$3
12-28 A 12-21
Co.
Co.,
com.
preferred
General
Clas
■>
Class B
;
'
12-20
12-21
12-23
1- 2
,
1- 2
12-20
12-30
.
12-20
12-20
12-24
62c
12-20
12-27
12-17
37c. 7 12-28
(Boston) (year-end)
Corp., Ltd.—
r
,i.>,
12-27
60c
12-13
$50c
(quar.)
1-15
.
*1-15
1-15.'/', 12-21
•
/;
IOC
75C
7' 15C
7
50c
7
1
1-15
1- 2
1-16
1-31
$1.12%
1-25
1-22
:;71-
71-14
:
6
71-10
12-16
12-16
1
1-11
1-31
1-31
1-16
2- 1
% 12-20:
v
2-15
12-14
1- 2
12-14
1- 2
12-30
7
12-14
1-7
1-31
1-31
1- 7
12-26
12-18
1-
12-21
2
12-23
7
12-14
12-23
12-27
12-21
12-27
12-20
12-27
12-20
12-28
12-24
I5c
1-10
12-20
$1.25
(special)-**--—*..
1- 2
12-14
2
12-23
,
1-
7Vic
1-
:2067,
•
—
1-2
(initial quar.)
12-23
1-
2
1-
2
7
2-1
25c
256 '
96Vic
30c
$1,75
Lehman
Corporation
(Chas.) & Co., 7% pfd,
Leighton Industries, Inc.—
2
2
(resumed)
Leich
1-
15c
*******
Co.
(M. H.), Inc.
Company,^.—-*/,—_-—*—**—*
University (quar.)
7- Extra. 7' *^—_;
Lawyers Trust Co. (N. Y.) (quar.)*—*—.
Special ■———*—i*.**«*—**
Less (J.) & Sons, 3.85% pfd. (Initial quar.)
12-21
7
12-21
1-15
7
12-28
1-2
12-18
1-
60c
12-20
12-16
(quar.)—.
$1.25
(Fort Wayne, Ind.) —
Stock dividend; .*-**-*:/**—*_-*-_******. v42 6/7%
12-28
12-16
75c
non-cum.
Lenox
class
A
(year-end)
——*.
Co.
Water
Lincoln Natl. Life Ins.
Long Island Safe Deposit (year-end)—
Angeles Investment (quar.)**
Lowenstein
(M.) & Son (quar.)***
Luzerne County Gas & Electric-4Vi%
preferred ; (quar.)————*^-**
MacAndrews & Forbes Co., com. (year-end)
preferred
6%
Macmillan Co.
Maryland Casualty, $1.05 conv. pfd, (initial)
$2.10 prior preferred (Initial)
Screw Products—**.**
.*—./.*
Massachusetts Northeastern
-
Extra
—:.-**
Petroleums,
Medford Corp. (quar.)
Extra
7%
1- 2
partic.
12-12
2-
1
7
1-25
12-20
1- 2
12-10
1- 2
2
12-10
12-31
v 12-12
1-
12-31
,
'
12-12
12-30
30c
$1.25
12-19
M- 277
12-14
1-
2
12-20
1-
2
12-20
200%
25c
12-24
12-16
12-24
12-16
10c
1-20
12-20
35c "
$1.22Vi
(quar.)
1-15
12-26
12-14
$1.75
pfd. (quar.)—
(quar.)*.
1-15
1-31
$1.25
25c
Minnesota Power & Light 5%
12-17
12-31
1- 2
$30c
pfd—*.
12-17
2-1 V
i-3i :
50c
—-*—*^.**.
—
Ltd.
(quar.)
prior preferred (quar.) *—*———
Mining & Mfg. (extra)
—
preferred
12-21
12-23
25c
com.
12-20
1"17
.12-23
$3
(s-a)—
7
Service
12-20
12-31
25c
—*
Gas
12-20
12-31
V
:
12-24
25c
Minnesota
Mobile
1- 2
12-31
12-28
***.—**—*.—.*
40c
Meyercord Company (irreg.) —.**
!
20c ^
Mickelberry's Food Products—
' 7 v
77.7 7
$2.40 preferred (quar.)—60c
Middlesex Products Corp. (quar.)
25c
■7
12- 9
1
1-15
2-
Transportation—*
(quar.)
McManus
12-31
12-13
10c
——
Stores
1-15
12-31
1-15 ;
$1.06
5067
25c
$ 1.25
43Vic
- 87c
;*_■—.——***.;
—
1
1-15
$1.50
'
Extra:
2-1
2-
$1.06Vi
$1.15
Masco
2
1-
2-15
25c
Manning Maxwell & Moore
;
Marathon Corp. 5 % pfd; (quar,) _*£—_**
12-23
1-15
37^0
(extra)
(R. H.) & Co. 4Vi% pfd. A (quar.)/.*
Mahon (R. C.) Co. $2 Class A pfd. (quar.)
Macy
Quarterly
12-30 7
$2
(quar.)-*-**—-—***-***
12-9
12-16
75c
Los
Co. (stock dividend)
(quar.)
———*
Mohawk Liqueur Corp, ———**——***
Morrell (John) & Co. (increased quar.) —*«
Morris Paper Mills,
common——*——
4%% preferred (quar.)
Motor Finance Corp. $5 pfd.
(quar.)**
Manufacturing
Cash dividend
7
1-31
62Vic
25c
59%c
1-11
12-31
12-20
12-30
12-14
$1.25
12-30
12-14
lc
3-3
2-15
$1.50
1-15
12-31
1-15
12-31
Diablo Oil Mining & Development—
Quarterly
—
—
—
Mountain States Telephone & Telegraph—
Mount
—
77
Quarterly
—
Mutual Investment Fund
7
2nd
preferred
National
common***.
.
5°c
—
Fuel
——
Gas
Co.
Nekoosa Edwards Paper
Extra
(quar.)
Company
(quar.)
National Pressure Cooker Co.
,...,
10c
7*777 8c
/'
,15c
f7 50c
—
(quar.)_*_
Year-end
National
77
(quar.)i
Inc
Telephone (Hawaii)
Nashua Manufacturing Co.,
Mutual
12-20
1-31
33 V3 %
12-31
12-16
50c
50o
15c
$1.50
La Salle Extension
12-27
$$2.50
7
2-
30c
-; $5
Lane
12-27
$50c
^
...
(s-a)
Sessions
&
Mutual System,
(initial).
$4.50 preferred
25c
$1.48
Investments
...
preferred
12-20
$1.50
dividend
6%
Lamson
Lamston
12-28
37yac
preferred
(initial)....
**-—■—*•*****•—.^*.**^*.*
(G. R.) Co. (year-end)—*.**—.
Kuppenheimer (B.) St Co, (s-a)**—».**
Lamson Corp.
(Del.), common
*
*
4.9%
1- 9
1-2
12-27
12-27
Kinney
Modine
12-28
12-23
1-15
$1.25
preferred (quar.)**
Company (extra)———
Kendall Refining (quar.)
Ken-Rad Tube & Lamp, class A
1
,
12-23
43%c
5%
8-1
IOC.
12-24
1-2
408/eC
62Vic
$1
25c
Kendall
11-1
5-
12-24
;7l-:3 7.
i 1- 2 7
$1.50
30o
15c
$1.25
50c
8-15
"
12-26
12-13
3
12-31
11-15
i
preferred (s-a)
Gerity-Michigan Die Casting (initial)
Gibson Art Co. (quar.)
Gibson Refrigerator Co.
(resumed!
Gimbel Brothers inc. new com. (initial quar.)
Stock
A 5-15
12-26
3
25c
75c
$1.75
IOC
5%
>,
2-1
(N. Y.)
(quar.)
Co, (quar.)
Products Mfg.
A
12-14
-
$1.50
General Investors Trust
General
7
2-15
|
2
1-
J$4
40c
40c
City Fire &
IOC
.
Houston
Coal
1- 2
IOC;
:
(year-end)
(Mich.)
:
7-
-
75C
10c
(quar.)
General American Investors (year-end)
General
Capital Corp. (year-end)
12-17
12-17
12-20
Co.
Trust
Galveston
12-18
1- 2
Mfg.
Gaylor Products,
12-14
12-12
12-31
A.)
convertible
Fulton
..u.
..............
(George
Fuller
12-16
56yjc
45c.
Fuller
.A:
12-
2
11-
12-13
12-23
1
12-20
:7 1-
75c.
12-27
preferred
$1.50 7;
$3
■
Quarterly
Quarterly
1-
35c
$3.50
12-26
$1.50
$$l
Millers Falls Co., com.
Franklin County Coal Corp.—
70C preferred (accum.).........
Company, common (year-end)
6% preferred (quar.)
Friedman (Louis) Realty Corp., com. (quar.)
777 -Quarterly
7:7777. 77. ^-/v
y .■ "A..lt7
Frick
.
'
12-31
12-12
1- 8
1- 2
256
**u**_**—
McLellan
12-27 .7' 12-23
2-1
$30c
$6
■
\
1- 4
■-' $1.75
31VtC
87Vic
$4
$1
7%
12-20
>:>i- 2./7
3c
12-30
1
1-11
Massawippt Valley RR. Co.
12-23
12-20
2-
18c
(initial) **/**—....**
12-14
.
12-20
1-15
'
1-15
,
2
;12-20
12-13
12-30
1-15
250
$30.
Drive- Auto
Co.,
7
12-28
12-13
12-31
12-28
15c
;
...
8
1-
12-30
1-31
'
"
Wheel
1-
p
1-15
$1.25
(year-end)...
Firestone Tire & Rubber..
7£
12-26
100%
(Frank)',Brewing;Co., 6% pfd. (s-a)*—
Four
12-13
$62ViC
...
Frocks, Inc. (initial)....
/Federal Screw Works (extra)'
(John J.>;
12-26
15c
Fashion
Fehr
12-26
1
1-15
Fairbanks-Morse, Ltd., preferred (quar.)..^
Fashion-Craft, 5% preferred (quar.)
Felin
1
1-
12-24
-
-
5C
(Toronto) (s-a)
R.
4
1-4
1-15
$1
F.
1-
1-15
50C
4%
preferred
(quar.)..................
Equity Fund, Inc. (quar.)-*
Espey Mfg. Co., common (initial)
L
Essex Packers,. 5%
1st pfd. (quar.)
^
12-23
7-1-.2 77 12-20
15c
...
Corp., common
.
18C
$1.75
Electric
& Johnson
12-23
$1
70c
(quar.)
...
1- 2
....
12-10
$1.37 Vi
$1.50
$2.25
62 Vic
■
$1.25
....
5
12-23
12-20
$1
$$3
$$1.25
(year-end).—.
(Toronto) (s-a)
12-
1- 2-
25c
...
12-30
Foote-Burt
12-16
12-31
12-21
12-16
12-16
$1.50
(quar.)___„. .7.
(year-end)
:
25C
Excelsior
12-27
12-26
1- 6
12-16
12-16
—
Central Fibre Products Co.,
Central
.
12-20
1- 2
.
——
12-27
20C
12-27
...
preferred
Endicott
.
12-20
(s-a)
(s-a)
1-15
12 %C
(quar.)
Insurance
Fire
Extra."
12-31
..1-15,
preferred (quar.)
Canadian Shipbuilding &. Engineering, Ltd.—
•7%
Class A
-
1-31 v
12-30 ,
12-18
$$1.75
....—-
Co.
Ale (quar.)
Crucible Co.
6%. 2nd
12-20
1-17
Securities
12-26
12-26
„
(initial)$40c
Co., new com. (initial)
Industries, Ltd. com, .(increased)
(Joseph)
Emerson
1-31
1-2
2- 1
1- 2
1-31
'
Foreign
2
30C
Embassy Realty
,
12-16
12-16
1-11.12-19
12c
$40c
$25c
common
Canadian Indemnity
1-
1-2
12-16
12-27 7
12-10
35c
15C
$1
Harvester
Ely & Walker Dry Goods, common
7% 1st preferred (s-a)
'
1-15
v
Co.__^_._'_—...—...J......
Edison
Elizabethtown
12-24
2-15
371/20
(quar.).
common
62MiC ;;' 2-15
37%c 7 , 1-27preferred (quar.)62V^c 1-2
Canadian
Rayon Co., class B—
(A.) Co., class A (year-end)....
convertible preferred
Pinna
1-21
12-31
12-27
Kansas
)
1-10
:
12-30
1-25
preferred (quar.)—***
—
Kelllng. Nut Co., 6% preferred (quar.)
Kellogg Switchboard &; Supply Co., com.**.*
1-10
Ltd—
American shares (year-end)
...
1- 2 ' 12-31
1-29
1-11
1-29
preferred, (quar.);
—.
Co,; -comn)on; (w);Wv
$2.50
.
1-25
12-18
1-10
1-31
Marine Insurance
Kansas City Power & Light, $6 preferred B
Kansas Gas & Electric, 7%
pfd. (quar.)
12-20
30C
12-26
12Vic
*
preferred (quar.)****
V/»% pfd. (quar.)..*
Johnson & Johnson, 8% preferred (s-a)-***
4% 2nd preferred ACquar.)***
3
Electric & Musical Industries,
12-16
Campbell (A. S.)
7
12-27
$4.20
12-31
12-16
1- 2
,1«. 2
preferred (quar.)^.——
—28V8C
Byers (A. M.) Co., 7^ preferred (quar.)...
$1.75
Caldwell (A. & G. J.), Inc. (s-a)
10c
.6%
$1.50
12-18
lc
75c
Jessop Steel Co., 5%
Johns-Manville Corp.,
12-19
2
12-10
12-14
Co.—
-Extra-.
-
1-3
Mfg. Co., new common (initial)
Electric Boat Co., $2 preferred (quar.)
Electric' Bond & Share/ $3.50 pfd. (quar.)L
12-21
1-2
.
$2 1
$1
class A (initial)
(initial)
B
Butler's, Inc., common
,7
1-
1-15
1-
Elder
12-20
1*15
7%c
2 Vfec
7
Brooklyn Trust Co. (s-a).——...—$2.50
Brush-Moore Newspapers 6% pfd. (quar.)-$1.50
5%
1-15
6 %;
'
2%%
...
Extra
■
6
1-14
12-26
,
I
12-23
12-31
/
10c
*****
12-24
Eastern Township Telephone (quar.)
.....
Eastern Utility Associates, conv. stock
12-26
'
;
*——*—
(year-end)—
British Industries Corp.
■
,
•
1-
1-20
12-28
93%c
Tire & Rubber Goods Co., Ltd....*..
Duquesne Light Co., 5 % 1st pfd. (quar.) —
Eason Oil Co., common (year-end) ——7
$1,50 convertible preferred (quar.)i..—...
Eastern Magnesia Talc Co. (extra)
.....
Eastern Massachusetts Street Railway—*; 777
12-17
.12-17
Boston Wharf Co.
12-14
250
Dunlop
12-21
16c
IOC
12-14
25C
3% %
Dominion
12-14
25c
—
*
Property Trust (quar.)*—.
Boston Personal
12-20
12-30
12-19
12-20
1-2
1- 2
1* 2
12-30
$1.50
12-28
Dixon
";
.12-20
5c
$1.50
62 %c
—
(quar.)
$4
$1.50
1-15
Dexter Company
Diamond Ginger
I2u20
1-1
HI
1-2
I2"3®
12-31
12-30
Detroit
12-21
12-27
2
'
—
...
Detroit
12-21
.12-31
•
12-23*
1-
(quar.)
(Toronto)
Delaware
1-15 7
1-2
1-2
l* 2
$$5
.w—..—
Co.
1
65c
Properties .**—.——.**.*.****
Intercolonial Coal Co., Ltd., com, (s-a)****
8% preferred (s-a);
*.**-_».-/****.**^
Inter-Mountain Telephone Co., common**.*
6% non-cum.' preferred (year-end).***..*
International Railways of Central America—
5%
preferred (accum.)—-**_.-*—*>*_Iowa Electric Co., 7% preferred A (accum.)
6Vi% preferred B (accum.)
Jacobs (F. L.) Co., 5% preferred (quar.)
Jenkins Brothers (founders shares)
Non-voting common
12-20
1-
arrears
Quarterly
12-31
De
12-31
,1-30.
12-16
1- 2
$2 class A_—
12-21
.1- 2
Bankers Securities Corp.—
■
...
12-21
12-20
12-20
1- 2
75c
**
"Bank of Yorktown (quar.)———
12-31
$1.50
preferred series A (quar.) —
Davenport Hosiery Mills.——„
Dayton Rubber Mfg. Co.—
;
Common (increased quar.)
1-20
2-1
1- 2
30c
prior preferred (quar.)*****
Backstay Welt Co. (quar.)__
——
12-16
1-15
6 %
Ctonv.
12-16
12-31
12-23
$1.50
■
Industrial
12-31
Nichols & Co., Inc.—
Austin
12-31
12-20
12-30
$17
Imperialle Fuels, 6% partic. pfd. s-a).
Industrial Bank of Commerce (N, Y.)—
7
12-18
12-27
$1.25
$25c
i 30c
*
*
Power
12-27
25c
*******
Field Material
OH
paid
12-23
$3
com.***
Illinois Terminal RR.
12-14
1- 2
1-15
7 ;
12-13
12-18
12-18
12-14
12-27
12-27
12-27
1- 2 \
15c
12-28
25C
$4.50
participating preferred
(quar.)... $1.12 V2
4c
Cypress Abbey Co.—^
:•
——...
Dan River Mills, Inc.,
common—;
...
$1.12'/2
4Vfe% • preferred
(quar.)
—...
25c
Dana Corporation,
common...—,
12-19
12-28
$1.75
(quar.)—
1- 2
.
30c
Common
.
,1-20
__
1-15
12-17
7
5% preferred (quar.)
Dividend arrears certificates—^
Instalment of $1.50 for each $20 of un¬
Illinois
1-2
20C
12-17
12-27
50c
preferred (quar.)
Hutchins Investing, $7 pfd. (accum.)****.*
$7 preferred (accum.)*—
12-31
■
12-17
25c
;
5Vi%
12-23
1-15
$1
12-18
12-27
lOc
(year-end)
Common
12-14
1-15
$1
—
preferred (quar.)
...—
Cunningham Prug Stores.—_—..—..
Curtis Lighting, Inc. (resumed)
Curtiss Candy Co.—
1-20
„
preferred (quar.)*—
7%
1- 2
„
_*,
■'
■
Atlas Thrift Plan,
2-1
2- 1
62%c
—
Apex Electrical Mfg. Co.—
.7% prior preferred (quar.) -—
Arkansas Fuel Oil, 6% preferred
Arundel Corporation
(quar.).
1- 2
12-27
25c
(quar.)
Y.)
(N.
Co.
Crystal Tissue Co., 8% preferred (s-a)—...
Cuban Telephone Co., common (quar.)
12-31
12-21
12-23
12-28
25c
'
,$4 preferred (quar.)——.*—-.—
Animal Trap Co. of America, com.
.
$1.10
$1
12-27
12-14
12-27
12-27
Herbrand
International—
Crown Cork
1- 6
1-15
12-30
.....
•:
,001
$1.25
£ 1-10
Co.,-.—:——...—.w
12-31
1-17
./it
(quar.). —*—***.*_**********:.
Corporation '(year-end) /^*_*****.
(extra)*;
Holly Development Co.
Home Insurance Co. (Hawaii)
(year-end)-*
12-23
1-15
*
$6 preferred
12-20
1* 6
12-16
12-30
com.*.
Hibbard Spencer Bartlett
.
12-13
.
(year-end)
common
.
2- 3
$2.50
Refining Co. (year-end)—
American Telephone Co.
(Abilene, Kan.)—
>5% preferred (quar.)
—«
American Sugar
Anchor
12-27
25C
1* 2
25C
—
Co.
12-16
12-23
$2.50
_
Film**
&
Co.
&
Henkel-Clauss
12-11
(initial)
com.
new
Hall
Houston
(quar.)....—....
preferred (s-a)——
Crowley Milner &, Co,— J
6% prior preference (s-a)
12-20
12-13
1- 2
12-27
2fc
2fc
.-7/.
„
*
12-18
Plate
Dry
1-15
12-23 7
50c
(quar.)
Hart Battery Co., Ltd.
(year-end)**
Heights Savings & Loan Assn, (initial)
12-30
Co
1
12-20
60c
,
$5 preferred
12-26
$3
6%
■■
1-2
1-13
3rd
6%
Co-—.-—————;
*-«««■> - Mfg.
2
■
12-23
12- 9
12-20
12-18
12-18
1-
(s-a)
Converse Rubber, 5%
1st preferred (quar.)
2nd preferred (quar.)...
Coronado Hotel Co. (St; Louis)—
Class A vtc (year-end)
Corroon & Reynolds—
New $1 preferred series A (initial quar)..
Craddock-Terry Shoe Corp., com. (year-end)
6% 2nd preferred (s-a)
....
1- 2
12-18 /.:
1-10 -12-31 ,
2-1,
1-15
2-1
1-15#
—$1.50
.
American Fidelity & Casualty (quar.)
'AmericanLight & Traction/common (quar.)
'6%
Amusement
Continental
12-16
12-24
$1.75 7
•
5c.
,
2-
25c
,
Harris-Seybold Co., common (year-end)
■
Liquidating dividend No. 4
Consumers Gas Co.
(Toronto)
Continental Gas & Electric—
12-16
12-26
12-24
12-24
1- 2
12-28
12-24
75c
$3
$2
10c
12-16
Consolidated Wagon & Machine-
12-16
12-26
7j>c
A (initial)—
(initial)
—
Co. (year-end)
American Book Co.
(extra)——
American Discount CO. of Georgia (quar.)
American Dredging Co. (year-end)
-American, yelt Co., common (quar.)
B
Class
-
2
Southerii Corp.—
$6 1st preferred
14-^u
American "Arch
1-
Consolidated' Machine Tool Corp.—
Holders
—
Harris
50c
12-26*"
25c
1-2
Co.
participating (quar.)
Participating T*.
*
Hammer
12V2C
2
75c
12-16
(quar.)
12-26«
1-
12-31
15c
12-23
Manufacturing
Preferential
'
■
12-20
1- 2
;
$$1.25
*
12-31
10c
(year-end)
12-31
Hamilton
12-16
20c
$50c
$5 pfd.
Co
15c
7;
;
12-17
12-27
of Canada—
12-10
$6 preferred (accum.)—
Consolidated
Public Service
12-23
12-20f
(accum.)
$3
.
QuarterlyA___.-___<._-~LK—
&
Realty Co.
preferred
12-27
'
Commonwealth
Consolidated
share Payable of Rec.
$5
1-15
—25c
1-25 12-30
$3
1-1. 12-20
25c
lo"™
J? ~?n
(second liquidating) —
;Air Reduction Co., Inc. (quar.)
——
Allegheny & Western Ry., 6% gtd. (s-a) *_
Co.
F,
7%
Gulf Mobile & Ohio RR.
12-16
5% preferred (qua*.)—.————
Commercial National, Bank
Trust Co.—
announced this week are:
of Company
Name
D.
Guardian
12-21
12-12
12-14
3IV40
$0.0507
*******
12-27
(quar.)
Assn.——
Inc.
12-12
12-27
1-15 7
12-31
B ■.*-_"—■—***_*_****_*»/*.**_***.*/ 7'
Class
1-15
7- 1-15
25c
Guarajity Co. of New Jersey, class A***—*/.
Gulf
—.
Consolidated Steel Corp.,
When
12-24
*■: 12-27
Co.
12-20
772-717:
7- 1-31
$2
40c
Co. com,
12-31
Combined Enterprises, Ltd.—
declared.
per
2
!
Co.w*^—
Light
12-20
35c
$1
1c'
;
Storage
7: $1.25
.
Packers
River
Columbia
11
1-
10c
—
preferred
participating
50c
2-
1-10
(Daniel)
*—
7
40c
62%c
Baking Co.— '
1-
12-27
10c
7
—it-
Fuel & Iron Corp.
Columbia
DIVIDENDS
•
12-30
1
;
Cold
&
Holders
Payable of Rec.
$1.25
(quar,)—
(guar.)
$1.25 partic. preferred (quar;)/.**;
Participating
Grief Brothers Cooperage ClasS A_***
Class B
,***4t—
Griess-Pfleger Tanning ******>
12-20
50c
Co. • (Boston) (quar.)
Loan
Green
12-13
1- 2
$2.25
(quar.)..'
A
Colorado
A.
12-27
12-31
2-
Warehouse
Greenfield Gas
$3
30c
Terminal
When
Share
■
,
Co.
Greenwich Gas
$1.12%
.7'; 30c
(year-end)
Steel Corp. (year-end)
Bottling (Cincinnati)—
Collateral
The dividends
12-21
(quar.)
Supply
Corporation
Cliffs
-
-
12-16
25c
Mfg.
Grctndview Mines (s-a)
12-21
Clyde Porcelain
American Commonwealths Power Corp.,
debenture series due 1940——
$1,000
VO* * V
12-28
12-23
12-23
>
(year-end)
Gotham Hosiery Co., Inc. (quar.)
12-23
$1
25c
-
Cleveland Cliffs Iron, $5 preferred (accum.)
Cleveland Securities, prior lien....
....
bonds
■
■; 12-31
43 %c
(year-end)
Equipment, com. (year-end)
Builders
Cleveland
Goodman
12-28
1-21
$1
Class A, (quar.)
i
0105
—
-f <y \' V
r
v
—.
Mich,-_ii—**
Winona Coppeir Company,1
40
f
3 lot
7
12-14
Grand
(quar.)
.u...—■—,
Chicago Times, Inc. (s-a)_
Chilliccothe Paper, 4»/2% preferred
(quar.)
Citizens Wholesale Supply (year-end).
City Stores, common (quar.) ——.—;—
1J j°j;
*|°jj
—
Development Co., Del.
Jerome Verde
7
_
£7
12-24
:
25c
Pneumatic Tool Co.
Chicago
Chicago Railway
1% preferred
2 lot
6 lot
.
Ojibway
15
v
share
10 lot
241ot
STOCKS
'
•
.
Per
Name of Company
Payable of Rec.
$3
Chicago Artificial Ice .—-—
-.--i-. -■
Chicago Corporation
(year-end)
Chicago & North Western Railway— :
Common
vtc
(year-end)
on
^
.
Chares
Lofland, Philadelphia
&
Barnes
"Wednesday. Dec. 18:
by
Holders
When
Per
Share
Name of Company
Auction Sales
Monday, December 23, 1946
■
__—
(year-end)
60c
20c;
' /■
(increased quar.)—*
"
—•—;;
-25c
22 Vie
1-15
12-31
12-10
11-29
1-
2
12-10
1-
2
2-
1
1-15
12-18
12-20
1-15
12-31
12-31
12r;24
12-31
12-20
I2r31
12-20
12-10
/Volume
164
Number 4553:
M .* 0f" "tfr.'YK
,
v
;
,
'f
Name of
Nelson
Neon
"V'/vfi?;v,°.kA?^V'"*vs-^'Wv#'
Company
Baker
&
Products
Co.
of
Canada,
Ordinary •—i_,.__™__™™
Telephone, 6%
New London
Northern RR.
Extra ■■_■_
New Orleans
Public
4%%
.
■■
Cash
:V
North
Northern
57o
Indiana
Co.:
preferred
(quarJ
(Calif.)
Penn-Dixie Cement
Co., pfd.
common
Perfex
12-21
1-2
:
1-15
1-
■
12-23
12-
4
50c
1-15
12-30
$1.25
2-1
Twin
1-15
/Union
15c
1-
12-20
•
$1
12-27
12-23
15c
1-10
12-30
1-10
12-27
25c
2-15
1- 2
1
eVic
12-10
United
12-20
12-13
United
•
.7%
$1.25
1
20c
12-26
12-17
* 75c
12-20
12-10
.
25c
12-27
17 %c
1-25
70c
1-15
$1
_
1
,
_
Piedmont & Northern
Ry. (extra)--—"——
Pioneer Suspender
Co, (extra)
—
Plainfield Union Water Co.
(quar.)
Plant (Thomas G.)
Corp,-±»
1st' preferred
(accum.)_________
'
ji
1-15
12-31
1-16
/
12-14
1-20
$2
12-26
$1
1-
1-
:
12-20
•
———
12-12
1-15
1-15
12-31
60c
1- 2
12-19
15c
.
"1-. 2.-:
i7%c
12-28
12-28
12-26
12-31
12-21
preferred
(quar.)
•_
St.
St.
3-15
25c
12-28
12-20
12-
(quar.)
(year-end)
Croix Paper Co.
Joseph Lt. & Pow. 57o
Lawrence Flour
7%
preferred
Sangamo
Co.,
com.
(quar.)
$40c
quar.)
$12'/2c
(quar.)
Ltd.
new
2-
Mft:. Co._—25c
Savannah Sugar Refining
(quar.)
50c
Scudder, Stevens Si Clark Fund, Inc.—
:
1
1
12-31
12-23
1-10
5%
South
preferred
Coast
$1.25
7%
■
62'/2c
1-15
1-2
12-17
12-20
Abbott
12-24
M1-15
'
1-15
12-30
50c
12-13
1- 2
25c
12-16
15c
(resumed)
1-
„
12-20
(Durham, N. C.)
$2-
1-15
^
1-2
1-2
.
1-31
12-14
12-17
12-23
1-15
25c
12-26
;12-14
1-
2
1-
2
1-
2
Aetna
12-14
^12-20
(quar.)_—
(extra)—
25c
$1.20
2-1
12-24
..
1-15
$2
12-16
1- 2
12-16
1-15
12-31
12-
5
(year-end)
1-10
Engineering
Co.—
:
•
.
1-2
(quar.)__„
'
Co.,
3
Alabama
Great
3
Southern
RR.
Wturtaiyi
2
12- 8
12-lf*
12-23
1-2-47
s
12-14*
2
12-
"
1-2
35c
.
12-18
1-2-47
■
12-18
V 1-
25c
2
1V
$1.75
■
12-10*
2
I-
2
12-10*
12-10*
f•
•
:
■
'
97»/W
(quar.) -L—w--—
1-15
->
12-31
12-10
,181'
,1-15
12-31
25c
i
:__lI__—__™____-™_____--;
12-31
25c
•(-'■•,
Finance, $6 pfd
Co., com. (bi-monthly)
1-15
20c
—_
i-
Co.
Co.
:/■
1-
—
(quar.) ':
3
/
12-16
12-10
1-15 V~ 1- 3
1-15 V't" 1-
15C /
1-14
40C
_—
&
Chemical,
class
1-
■
2
3
1- 2
12-16
70C
Power
preferred
& Light, $5
(accum.)
pfd.
(accum.)
12-26
12-16
75C
A
V 12-27
';Si 12-16
12-27
12-16
$1.25
1-
2
12-
4
$1.50
8%0
_
1-
2
12-
4
1-
2
50O
Rolling Mill Co., 4'/2% pfd. (quar.)
Safety Razor Corp. (quar.)
12-31
12-16
10c
12-28
11-22
$1.12%
1-15
25c
i
■:
25c
Service
$3
V 12-16
1-15
12-20
1-15
2
12-10
1-
.
12-20
1-
$1.73
2
$3
12-28
$1.75
12-27
50c
»
1- 2
$1
v
1,
1-2
12-27
12-10
12-10
12"
6
12-
6
12-8
Co.—
Zinc
•
12-23
;1- 2
12-23
1-14
1- 2
$1.50
12-24
12- 5
$1.50
12-24
12-
5
12-13
-
$2.25
1-15
53 'AC
•v
4
5*
12-
6
1-2-47
12-16
12-20
12 %c
1-
2
11-30*
$1.50
1-
2
12-10
$3
$1.50
1-10
/■:i-
12-16
2
$1.75
:, '1-15
12-24
30c
(resumed)
12-16
1-2
2-
ioc
—____—
10o
(s-a)
——
/'•:
■
■:■•■' /1-
6
12-
5
-
12-16
1-
75c "
12-17
,
3
1-
$1.50
—_________™—
1
12-30:/
75c
(s-a)—____i.™——
$4.25 preferred' (s-a
$4.25
preferred
(s-a).:
Anaconda
12-23
1-2
1-" 2
1212-
3
:
12-14
12-12
12-12
7- .7
•
6-27
'
12.-23
2
'
& Smelting—
Extra
12-19
2
12-16
,
$1.25
Ampco Metal, Inc. (quar.)
Amoskeag Company, common
Common
1-2
1-2
1- 2
"
Wringer Co.
'
5
7
$12
American
12-19
12-
12-
$1.75
(quar.)__
(resumed)
Lead
2
350
pfd.
Works, $6 preferred (quar.)
Co., 7% ; pfd.::(quar.
American
Common
1-
12-31
$1.50
32 %c
(Indianapolis) —
30C
Stores
American Water
12-20
■
1-
f/.l- 2
Insurance
-Quarterly
American
Common
12-16
2
1- 7
States
•.0.'American Woolen
12-16
1-
$1.05
12-30
12-23
82 %c
(quar.)
(quar.)
American Thermos Bottle, 4'/2% pfd.
Thread Co., 5% preferred
12-28
2
// 1- 2
8%c
13%c
34%o
:
25c
American
Z
Anchor
6%
Post Products,
prior preferred
4Yt7o
preferred
Anglin-Norcross
Extra
$2.25
(year-end)
Inc.—
'/" •■
Oil,
7
12-12
6-27
12-23
12-
7
■?..?."■>
$1.50
common_™_™_-_.
Ltd-.
3
7-
"...
(quar.)
(quar.)
Corp.,
.
1-
$2.25
—
Copper Mining
Anderson-Prichard
'
■
■.
American Radiator &> Standard Sanitary—:
"Common
-"
1-
'" ./10c
'
6%
participating preferred
Alabama Power Co., 4.20%
preferred
1-
10c
//■•
American
*"
■
Air-Way
1212-
'
25c
Corp-;r~„~l_/L.
12-, 3
3
siyic
common.-—-.--,
American Sugar Refining, 7%
American Surety Co. (s-a)
12-11
2
25c
;
2
'
;>1- 2/. 12-11
(
20c
par)(,(quar:);_t_™;
(foitiar quar. jl.
2
12-20
1-
75c
American
12-11
1-
J
75c
:; -/:30c
1-
12-20
2
50c
(resumed)
-■
American
12-11
25C
Mfg. Co, (quar.).
conv.
12-20
2 /
1-
:r'
150
^
Telephone & Telegraph Co. (quar.)
(quar.)
(s-a)_!
/■ American' Tobacco Co., 6% preferred (quar.)/
12-11 ?.
-American Turf Association
(year-end)
$1.25 M 12-31
' ;
i"
Airline Foo'ds, common (increased)Class A (initial quar.)
5'/2%
conv.
pfd. ($10
2
1-
10c
(monthly)-—__v
.-Extra
12-14
12-11
*
/
Year-end
4
11-29
12-20
250 V
—
Potash
American
12-17
1-2
40c
30c
(quar.)
/ Ahlberg Bearing Co., class A
121
2
50c ■:::,; 1-
(quar.)—--—
Molasses
American
12-19
1-3
'/40c
5% preferred
(quar.)
Agricultural Insurance Co.
Special
2
1-
$1.50
(quar.)——
common
3-31
12-27
$1.50
1
Class B
$6
12-16
.
12-24
'20c
;
1-
2-1 y1-15
■
(quar.)__
pfd.'($25 par)
Electric Appliance
2
50c
12 %c
—J
Extra ■'
American
12-$6
1- 2
25c
•
Insurance
<1-
$1.18%
American Products, 5% prior, preferred——
American Reserve Insurance—^—;—i
•
12-10
12-31
v"v: 1-- 2
Aetna-Standard
5'/2%
1-
12-20
2
-
-Special
■
12-20"
50c "1- 2
Life
Extra
'
$1.50
12-31
$3.50
■
Insurance Co. (Hartford) quar.)_
Ainsworth
Springfield City Water Co.— :>
5%'preferred D (quar.)$1.25
G7o preferred C (quar.)
$1.50
7% preferred A (quar.) _____j.__—
:
•
$1.75
Standard Fuel, Ltd., 4'/2%
preferred (quar.)
$56'Ac
„_—
12-23
12-
12-20
1-15
-
,
^2c
Year-end '
12-14
$1.75
:#
2
2
v
■
/: 60
*
.
-.Extra
Aetna
v
;
12-16
1-
/VI-
4-15
$1.12%
250 'VI- 3
'
———
Co., common (annual)
r'
ClassA? (annual) __I———
$3 preferred (annual)
American Smelting & Refitting-—
When
Holders
Common (year-end)
Payable of Rec.
7%
1st preferred (quar.)
12-24
12- 3
if American Snuff Co., common (quar.)
12-24;- 12- 3. ; tV
6%
preferred
(quar.)
12-24
12-20
American Stamping Co. (year-end)™—
85c
Quarterly
12-20
12-26
30c
$1.50
$1.12%
(quar.)_i
:,5
12-11
News
American
12-17
■
'
1-3
75c
i
12-27*
12-26
-
$1.12%
—__
pfd.
(quar.)
1-25
$1
National
12-20
12-23
Steel Co.
Securities
12-27*
12-11
12-26
15c
$1.75/
50o
(quar.)
Aeronautical
—
Southern Indiana Gas & Electric—
4.8%
preferred
(quar.)___
Spring Bed Co.
Corp;
1-25
12-11
/
12-20
2
Aetna Casualty & Surety Co. (Hartford)—
-
$6.25
(quar.)
(quar.)
Co.,
American Optical
1-10
1-
$1.50
—Lii
12-12
$1.75
—
Southern New England Telephone
Petroleum
2
12- 2
12-23
12-10
10c
-lui-.:—
/
2
12-
1- 2
;•;;■>
12-23
:
$25c
(extra)
$1
Adam Hat^ Stores (quar.) ___________—15c
Addressograph-Multigraph
/
35c
Admiral
Corp. - (year-end)__
12'Ac
Acme
12-24
2
10c
;_
Sulphur, commonL.__i—_
Quarterly
Extra:"
12-
12-28
50o
,(quar.)
Locomotive
U American
Share
(quar.)_____
12-17
1-2
25c
12-31
week, these being given in the
12-14
2
$1.25
(quar.).—
1-
12-17
2
$1.75
12-17
—
(quar.)___
12-10
2
1-
7% preferred; (quar.—___________
American Metal Products—
1-15
Acadia-Atlantic Sugar Refineries, Ltd.—
Class A preferential participating
(quar.)
12-31
2-15
50c
—
Insurance
Laboratories
Aberdeen
-
>
Southern
12-20
$1.25
Extra
12-13
12-30
25c
(extra)
Co., common
-
,
13%c
1
1-
^
—
Electric—
preferred
12-23
$3
common—
,
(quar.)
1-
30c
Inc
(quar.)
Products
preferred
Year-end
.•"
>
:
Name of Company
12-14
20C;
683Ac
$1.12%
—
_______
35c
12-31
12-21
$2.50
v
(quar.)
—-
EXtra
25c
~
.
1936
American
preceding table.
12-17
2
55c
^
of
common
——,•
$1.25
(quar.)
i——
Southern Bleachery & Print Works—
77o
preferred (quar.)
Fire
12-24
rer
,
-
-
1-
15c
preferred
Southern
12-16
:
12-31
$1.50
•
12-18*
.
/ American Machine & Metals (quar.)
American Mail Line, Ltdi ,(year-«id)L^—
American Maize-Products,: com.
(quar.)____
12-20
12-23
—
&
1-2
12-27
12-31
Investment Trust Co.
(Ky.)—
$5 1st preferred 1 (accum.)______________
Southeastern Telephone
Acid
12-28
we
announced this
.
(quar.)
.
(quar.)
3.9%
12-14
1- 2
(quar,)__—62'Ac
,
12-18
American Machine 65 Foundry—
12-14
dends
Southeastern
Southern
12-26
12-26
r.
12-16
Extra-
12-20
12-23
$3
12-16
American
^
Below
,
12-17
12-31
12-27
•
,
12-24
■
12-17
12-28 j"
6c
12-20
! 12-31
(quar.)
7%
stock
v./ -Extra.
it
Home
12-lQ
12-31
12-20
1
12-20
1st preferred
American
a
12-23
:
Co.
Corp.
12-20
6
12-13
,
(J.'Hungerford) Co.—
New common- (initial)
Gas
20c
12-
12-31
(quar.)_
■
■
Smith
Products
12-17
12-14
,
V"-"/
(quar.)—
Payment of common dividend
temporarlly enjoined, due to court order
American Insulator Corp of Del.-—
Common
(year-end)
American Investment Co. (111.)—5 % preferred (quar.) ____;—
12-26
12-31
com.
5'/»%
convertible
preferred
Oil Gorp, (quar.)x._—
Sivyer Steel Castings (extra)
Atlantic
Co.,
1-
12-28
75c
(year-end)_
,
12-18
2
12-20
Corp.,
Sinclair
Sonoco
Yards
12-31
12-20
2nd preferred
American Ice
5
15c
Commercial
Seven-Up Bpttling Co. (St. Louis) —
;
Common
(quar.)
5Va % preferred
Shaffer Stores, 5%
preferred (quar.)
Shaw-Walker Co., 5%■ preferred
(s-a),__—
Silex Company
(year-end)
Simplicity Pattehx Co./Inc.—
\
South
Stock
12-20
12-20
25c
2
Hardware
:
2-5
40c
■
Sefton Fibre Can, 5 %
prior preferred
Segal Lock & Hardware, $2.50 pfd.
(quar.)„
'
>\
give the dividends announced in previous
weeks and not yet paid.
The list does not include divi¬
Year-end
Extra:
5% preferred A;
Union
12-31
12-31 *
1-
Hoe, 4'/2%
American
12-17
1- 2
■
■
Seaboard
5
■W 3-
12-20
25C
~.—_
1-
-
—
12-23
2-15
$2
(year-end)
.
12-31
9*
15o-
Co.
American
;
1-4
12-28
6% preferred ;'(s-a)^_l_
Wiggin Terminals, 5% preferred (quar.)—
Young (J. S.) Company, common (quar.)__
7% preferred (quar.)
A——,
Youngstown Steel Car (quar.>
12-31
2-
1-15
12-27
Wichita
12-16
12-26
$$1.75
(initial
com.
San-Nap-Pak
.
3-
$2
—
1-6
1-12
4'
13'Ac
Whitney Blake Co. (year-end)
Wichita River Oil Corp
2
1-8
1-15
$1.25
1-
3-15
.
.
'
(quar.)__
$6
«V
12-
2
Lines,
preferred
'm.: Extra :'
2-5
__—_
3-1
1-15
$1.50
pfd. A
Mills, Ltd.
25c
6%
12-16
1-15
Export
preferred
4%%
12-16
2-15
.
12-21
$1.50
-■/
25c
9*
12- 9*
2
25c
American General Corp, new com. (initial).
American Hair & Felt, common (quar.)
,,.8* 1
15c
capital
1-
2
Gas
3-15
$1.75
Mills
and
l/10th
share
Alberton Corp.
'
12-27
1-
Fruit Growers
12-20
13 'Ac-,
:
_
Kootenay Power & Light Co., Ltd.-r
4 '/a %
1-15
(quar.)_^__——_________
,,
12-
1-
American
12-20
1
3-15
2-1
2
$3
American
».
12-20
20C
(Toronto) —
paid (s-a)
$$1.20
Department Stores (quar.)
40c
Whitaker Paper Co. (extra)—*——« ,-S
$2
Whitman
(William) Co. (liquidating)
$9
Also l/10th share capital stock
Arlington
.1- 4
$$1.06'A
,
2-
12%
12-20
v:
1-15
2-15
12-27
Western
12-20
12-28
50c
$ 15c
______
Roosevelt Field, Ino, i—_
Rose's 5, 10 & 25c Stores
textra)
Russeks, Fifth Ave., Inc.
St.
12-27
1-10°
Western Assurance Co.
.
■<-.
(quar.)
4'A %
50c
$1.75
60c
-
preferred (quar.)
t$1.75
West Michigan Steel Foundry Co. (quar.)___
15c
Extra
——_—--*.■/>
10c.
12-26
12-31
$1
$1.25
Rochester Button Co. (quar.)—
Rolland Paper Co., Ltd. com.
Fork: &"
---—_
7%
12-20
12-31.
75c
;
'
_
American
./>;
:
Corp.
1-
$1.31'A
preferred Series B
Express
1-
12-27
West
12-20
$4.50
1-15
WJR
12-20
l7J/aC
1-2
2-1
35c
Webster-Chicago
12-16
40c
75c
—
American
$9c
(monthly)
preferred
■
:
/ American
"13%c
7%
12-16
2
—
2
' .30C'
(monthly)—
13'Ac
—.—13'Ac
(year-end)
2
1-
$1.75
preferred
12-20
(The Goodwill Station)
(year-end)—__
Washington Title Insurance, com. (quar.)___
6 %.-• non-cum,: class A pfd. (quar.)__——X
12-31
1-20
B
prior
1-15
Monthly :.____/-^-_i—13%c:;
.
1-
$1
(quar.)__
Sugar,
12-31
50c
—______________
v V Monthly
Vlchek Tool Co.,. common
12-31
1-20
•
—
■■.>;■
'
American European Securities—
Common (year-end)
/
\
v
12-31
.
Riegel Textile Corp.
(extra).
Ritter Co. 5% preferred
(quar.)
:
12-30
1-10
20c
_
;
:
1-20
.
class A
*
25c
_
Corporation,
Monthly —
-Monthly
*
30c
'
Crystal
35c
;
—
-*
Visking
Class
xoc
(irreg.)——
;: Class A" (irreg.)
80c preferred
(quar.)
Raytheon Mfg. Co. $2.40
pfd. (quar.)__
Reeves-Ely Laboratories, Inc.—30c convertible; preferred
(s-a)
Reinsurance Corp. of N.
Y.—__
Reinsurance Corp. of N. Y.
(irreg.)—
Reliance Life Insurance
(Pgh.) (quar.)—
Speciali
,
Reliance Mfg. Co. (111.)
(year-end)
1-15
50c
.
12-10
12-20
25C
"• ///■'
$2.25
Co., ccm.
Extra
12-27
—__
12-20
2-15
:
12-27
/
______
:
•1-15
12-20
—
Cyanamld Co., common (quaiv)— :/■/■" 25c
Special
1
50c
t... 5%
preferred : (quar.)
12'/2C
American Distilling (quar.)_____—_——
50c
1-2
Extra
12-20
—
__
12-16
,
2
■
12-27
1-15
1
25c
,.4_
Railroad Employees
Corp, com.
Specialty Corp.
(year-end)
12-20
1-
American
12-16
2
1-25
-
,
1-15
1-
-fa
.
62'Ac
—
12-24
_
2-15
•
20c
12-24
12-27
12-27
1-15
;
12-31
y
:
1-15
% 1-15
*
12-31.
1-15
3-1
$1
Quarterly
—_________————._
Viceroy Mfg. Co., Ltd. (irreg.)Victor Products Corp.___—_——________
12-20
4'/2%
87%c
Vertientes-Camaguey Sugar Co. of Cuba—v
,
1-15
,w
12-17
2
!
Upson Company
12-
American
25c
■
..
S.
Y.)
(quar.)
class A
(opt. div. series)
of a share of B or cash
1-15
2-15
68c
:
$2.75
1
1
2-1
50c
12-21
6
2-15
2
2
—_
American Cigarette &
Cigar, 6% pfd.
American Cities Power Si Light—.
Class B (resumed)-
-^V'Vv
1-15
50c
,
Casualty
./Quarterly
12-20
1
12-21
Pipe, 6% preferred (s-a)
Co. (Reading, Pa.) —
i American
3-
■;
50c
__
(N.
(quar.)
Z American Cast Iron
.
12-27
1-
—_______
American Business Credit, class A
American Can Co., 7%
preferred
2-
53o
Co.
.(quar.)'
(s-a)
preferred
1-16*
12-10
$1.75
common
Shoe
1-29
2
1-
—
preferred
5'A%
12-31
••'-3-,- 1 '
53c
.
-
(quar.)
4%%
1
1-31
1-
1-
■—:
American Brake
12-10
5c
;
12-20
2-
58V3C
.
Co.
Bemberg,
.■
12- 5»
1
15c
(quar.)
B
12-16
1- 2
'
3-
I70c
12-16
.$ V/
12- 2
1-
1-15
58%c
12-23
10c
common
(quar.)
1- 2
$1
$2
12-16
1-20
12-23
30c
Note,, comm6n_____L—___
12-21
12-21
————
:■
(quar.)
2
75c
:.
12-21
,
12-16
1-
25c
————_w-——
,
12-12
2
$25c
(extra)
(quar.)
.
12-31
10c
Common
-■
1-15
•,
12-12
1-
1-
—
Bank
Extra
12-21
45c
12-27
12-27
Canada, Ltd.—
preferred
ClaSS
12-21
10c
of
Extra'
/.
12-21
12-27
/:
12-16
$1.50
—-ii
American
12-13
12-27
$1.20
12-15
(resumed)
J0c
4%; non-cum. preferred (quar.) —
_IZV.
.$1
Prentice (G. E.)
Mfg, Co., common.—
$3
"-Common
—————V $2
Prosperity Co., 5% preferred (quar.)_
$1,25
Prudential
Investing Corp. (year-end)
60c
Public Service Corp. of New
Jersey—
>6%' preferred
(monthly)
—^
50c
Puget Sound Power St Light—
v
$5 prior preferred
(quftr.)______V___
$1.25
Purolator Products, Inc
12-31
25c
(Brooklyn)
6%
12-20
12-27
Z ;
12-14
25c
.
(quar.)
Bakeries
;/ American
12-20
45c
12-31
"
1- 2;
1-2
16c
$1.25
6% preferred
(quar.)-—-A—
Port Huron Sulphite &
Paper—
12-14
1-15
2
12-27
America—
W/r/Year-end
75c
(s-a)
of
—
Extra-
12-31
(quar.)
37'Ac
Pollock's,, Inc.,
12-19
United Wallpaper, Inc, 4% pfd.
(quar.)
50c
Univis Lens Co.
i.—35c
12-23
2
12-6
12-17
,
-
preferred
/ American
1-
.""
50c
/■
Quarterly
12-20
1
15c
(quar.)
preferred (quar.)
'^American Alliance Insurance
12-20
2
1-2
*
8s
1-
$1
(year-end)_
Fund (year-end)
Utilities
12-31
12-16
12-20
12-16
2-
$2
7%
1-15
prior preferred
United
12-20
*
$2
■United Transit Co. com.
5% preferred (quar.) —
6
12-11
12-31
37'/2c
.
Co.
Company
Extra)
2
12-31
30C
—
Mfg.
Co.
1-
35c
—
$$1.75'
.
preferred
2%c
40C
Corp
American Air Filter,
;■:
>
Extra-
•
12-14
12-23
12-21
12-20
$2
25a
9 3/10c
7% preferred (quar.)
United Shoe Corp,: (s-a)
12-31
12-23
iocJ
12-21
12-28
Finishing $4 conv, pfd.
-Smelting Refining & Mining—■
/Common (resumed)
r
1-15
1
1-16
$1.50
—
U.
2
2-
15c
_■
_
I-
20c
'
2
1-15
11-30 V
•
—
Amalgamated Leather, 6% conv. pfd.
Common (resumed)
Amalgamated Sugar Co. (quar.)
12-21
1- 2
1
62'/2c
—
Aluminum
t:
22'/ac
v
:
4%
preferred
(quar.)__
;
Aluminum Goods
Manufacturing Co.
$1.50
Bank
6%
12-23°
1-
15c
12-10
12-27
$$2.50
25c
12-23
1-
i—
;: Extra
12-19
90c
Co., Inc„ common—________
Corp.: (increased)—
12-31
12-28
37%c
;
;
'
12-20
(quar.)
12-31
37'/2c
53Vso
,
.
'
'1*5*
8
2
-
(monthly)
U. S. Fidelity & Guaranty
(Bait.)
.12-20
12-20
1-
$1.50 f
Light & Railway Co.—
prior preferred (monthly)
6%
12-28
50c
prior preferred (monthly)—
: 6.36%
prior preferred (monthly)
6.36%: prior preferred (monthly)
6% prior preferred (monthly).
1- 7
2-
Aluminum
1-
____________
7%
,
Allis-Chalmers
1-31
$1.75
Fund
Industrial
1-31
7
2
(quar.)—
—
12-26
50c
:
'
Extra
II-20
2O0
;
'
•
Co., $1.50 conv.
System (Kansas)
Bond
Year-end
/ Allied
Stores
2-15
$1.60
,
United ..Income
.
12-20
12-
1-
—
2-15
$1.06'A
Extra
United
1^15
2-
$$150
■
Extra
12-12
12-31
:
$3
&
/Allied Products Corp.
$2
(quar.)
United Bond & Share
v
Allied
Holder$
12-24
$i.06y*
Dye Corp. (year-end)
Laboratories, Inc. (quar.)
12-28
25c
preferred
When
Payable 0} Rec.
IOC
■■■:•
convertible
15c
(quar.)__
Extra;——u.__
$6 preferred (quar.)
12^24
12-26
$2.50
/
r
(s-a)
Allied Chemical
"
Co., common
$1.25
____
"
In stock of a related
Co._____,
Union Mfg, Co.
(year-end)
Union Metal Mfg.
2
12-27
50c
_______________
2
i;-:i-
"
50c
convertible preferred
(quar.)
Inc. 6% com. pfd.
(quar.)
Gas
12-16
1-10
Co;,: common...
Coach
12-23
12-17
(3-a)
Industry Shares
..Tuckett Tobacco Co., Ltd.—
7%
preferred
(quar.)
«12-23
1-
V1-10
Aire,
Trusteed
2
12-26
1
(extra)
Extra.,
Tropic
2
2
'
4'A%
,
-
3
12-16
12-31
Co.
Trailmobile
v
,
1-29
Mfg.
2
1-
1-
Extra
12-20
1-31
t75c
__
Co.
(increased)
Towle
12-21
12-31
preferred
Pictorial Package(s-a)$2.50
1
2
12-31
.
•
preferred
(quan)_—w—_i_u.___w_-i._^
-$3.60 preferred
(quar.) ^________.; •.
Extra
12-20
1-
;
12-20
31'Ac
:
4%
-
5
2
2
$1.40
(quar.)_
(Albert)
12-
11-
I5cs
$1.50
Corporation
5%
4
12-31
12-20
:
25c
____
Pick
1-
1-15
$1.25
j5, participating class, A (accum.)
Philadelphia Company (irreg.)
Philadelphia Park Amusement,
preferred™
Philip Morris & Co., Ltd., common
-
1
:'s-
•
R.)
1-
1-10
60c
common
(Minn.)
(John
Guaranteed
Per
Share
\
Algoma Steel Corp., Ltd., 5% pref. (quar.).
Allen Electric & Equipment
(quar.)—
Alles & Fisher, Inc. (increased)
AllianceWare, Inc., common (year-end)
•
1-2
V 1-15
..
2-
Thrifty Drug Stores—
$1
$1.12%
~
______
,
12-20
1-15
$1
$1.50
4'A% preferred B (initial
quar.)
Tobacco & Allied Stocks
(year-end)
Tobin Packing
Co., common—_____
7%
preferred
(quar.)
Tobin Packing Co.
_____
,
Ffg. Co.,
7
$1.50 h % 2- 1
(quar.)
12-31
10c
___
(quar.)
Perry-Fay/ Co. Petroleum & Trading
Corp.—
Glass
$2.40
preferred
(quar.)__.
Title Insurance Co.
—
Pennsylvania Illuminating Corp.—
^ Participating preferred class 'A
Pepeeko Sugar-Co._™^
Pere Marquette
Railway—
5% prior preference
(accum.)
■
Thatcher
1-
.•
/•
Alden's, Inc.,
Allegheny & Western Railway—
12-31
(quar.) i: \ $1.75
12-16
-
(resumed)
(quar.)
preferred
1-14
2-
$1.50
common.,
Patchogue-Plymouth Mills (year-end)—
Peaslee-Gaulbert, 5% preferred (quar.)
Pebble
Spring Distilling (initial)
Ltd.,
12-20
12-20
1
1-10
30c
12-28
_
v 5 %
preferred (quar.)„
•;
;
Pacific Telecoin, 6%
preferred (initial)
Parker-Young Co., 5% preferred
preferred
2
12-23
$1.75
>•;.
preferred
(quar.)_-____u-_i-w.-j_^__
Pacific Chemical &
Fertilizer (year-end)
Pacific Gas & Electric
(quar.)_
Pacific Finance
Pennman's
12-19
1-2
/v' 90c
_■■:/,'/ $1
___
Corp.,
i-
$1
;
Foundry,
$6
2-
40c
;
25c
(year-end)
preferred
Service,
7
6c
Steel
$1.25
_
(quar.)
(quar.).
&
1
1-
;
________
Thompson
O'Sullivan Rubber
Corp., common (quar.)
57o
preferred (quar.)__
Olin
Industries, Inc., 4% pfd. (quar.)
Ol ver
Corporation, 4%% conv. pfd. (quar.)
Otis Elevator Co.
(irreg.) ___
Pacific Car &
$6
1- 2
•
25c
:
_
$3.60
preferred
(quar.)
Northwest Engineering Co.
Northwestern Electric, 7%
Electric
3-
1
'
Texas Power & Light, 7% preferred
$6 preferred
(quar.)_.
Textile Banking Co. (N.
Y.) (quar.)
Textron, Inc. (year-end)
>'
Service—
(quar.)__.
Indiana Transit,
6%
1-15
$1
_
Northern
Inc. (quar.)
Northern Pacific Ry,
(year-end)
Northern States Power
(Minn.)—
-
I-6
2-10
"VV/srV''
'•__■
preferred
6%
1-20
$1
Iron
Texas
3-10
50c
'.
y
Company
Corp. (Va.) (year-end)™—
4%% 'preferred (quar.)„____-
2-
10c
(year-end)
■
Name of
Alberene Stone
$75c
,
...
(year-end) i_
Public
1
Co.
Holders
Payable of Rec.
,
$75c
(quar.)
com.
(John
Taylor-Wharton
12-27
256
..
Water
Ltd.,
.
:v2-
*
(quar.)_
Taylor-Colquitt
2-20
75c
Extra
.
Acid
60c
Canada,
B.) Co., common
8%
preferred (s-a)/__U-_—
Sun Drug, Inc._
■
judd
^Northeastern
of
&
■
preferred
Stetson.
12-23
if 10
$5
____________
Mfg. (year-end)
Texas Co.___;....__
12-23
5%
__
(quar.)
Share
•
Phosphate
/Sterling Electric Motors (initial)
12-14
1-2
-1^ 2";
'
Wholesale
Co.
.'7%
■>-.■
dividend)
&
12-26
$1.18%
_
Steel
12-14
56'Ac
preferred
_____
6
12-26
/V 50c
Service, common
(quar.)
Chicago & St. Louis RR.—
1-
12-28
$1,75
_________
dividend ■■■'
Norfolk & Western
Railway—
V-■/
Adjustment preferred
(quar.)
North
1-20
12-31,
When
Per
Standard
Works
J30c
'3329
W
'
Name of
Company
12-16
$1.50
■
'
12-20
'
^
__
'•'"
Payable of Rec.
15c
Ltd.— / y
preferred A (accum.)___
Electric Corp. (stock
Noma
\
(quar.)
When "Holders
share
preferred~quar7j"III
New York
6%
;
;
Western
Newark
"
-
.
(quar.)
per
V. >' f*
L- s\..
v:
THE COMMERCIAL & FINANCIAL
CHRONICLE
—
1-31
25C
12-31
53c
12-31.
$$1.50
$$1
2-
1
12-16
12-16
I
2-
1-21
12-31
;
12-31
.?
,
Anglo-Huronlan,
Inc.
Whsn«
Per
,
$10c.4
1-31
12-28
$1
_
& Company
Armour
12-14
British Columbia Electric Power & Gas—
1-31
Armstrong:; Cork- Go.,- common (year-end)—.
Armstrong Rubber; Co. (Conn,),—
12-18
12-10
12- 6
12-16
12-16
Class
convertbile
4%%
preferred
59%c
$2.56
50c
(quar.)
Co.: (year-end) f;
(quar.)—,—.
;j
Construction
Metal
Art
Extra
Mfg., .6%
Corp.,. Ltd.
Extra
•/
—
/
(quar.)
50c
7%c
$20c
___
——
$30©
—
Co., Ltd.—
Ashdown Hardware
Class, A
(quar.)
r,
;
—
preferred
Artkraft
Asbestos
(quar.)
'
•
1
"
:
415c
460c
—
Class, B r (initial)
12-16
1- 2
1- 2
^ 1- 2
12-24
1- 2
12-31
12-31
v
12-16
•
12-
9
$4
12- 8
Brown
12-
Brunswick-Balke-Collender
8
Investment
12-10
90C
Imperial .Diesel
preferred
Atlas
Series-
One-share
B
12-27
Ohe
$3
12-20
12-30
participating class A. (quar.).
;
Finance, eommort Cquftri)^-^——,preferred (quar.)*———
Automobile Insurance Co. (Hartford) (quar.)
5V2%
$15c
20c •.
68%©
—„
Extra
1-
40c
(B„. F.)
& Sons, 6%, pfd., (quar.)
Corporation, common
Avondale. Mills;- (monthly.)—
Allied Products, 4;%: preferred-
3?%©
Butler
12-15
Butler
\t* 2;
12-28
50c
(quar.)
12-28;
Baldwin .Company;
30c
12-14
12-24/12-14
25C
Extra
.
1%/ preferred
,
A%
of
the
Camden
12-28
12-28
12-6
1-2
12-10
(quar.)
(quajed-
1-2
1* 2
$1.
.
Manhattan Co;
' 30c
—•
Bank of New York (quar.)
Bankers Bond $s. Mortgage.
Guaranty. Qoi ofr
America
20o
7%
preferredft'"(s-a)^^.„,M..TO....
Manufacturing Co.
(extra)
Barker: Brothers^
.Extra.*
4Mi% preferred /(quaj&L^/—/
Bates
12- 6
12-19
12-27
12-21
12-31
25 c.
12-31.
12t31;
.U 1
—£
SSVicr..
'
Manufabusing;, CflM. commorL^-^^^#
1-2.;
1248
1-2,
12-10
1-2
12-13
4^t%
v
12-27
5%
preferred
preferred(qua^^^-.....
Bath Iron Works
Bauman
$1.12%-
1-1
preferred
U 8
12-16
(Ludwig)
& Co.,
common- (initial)-,
preferred
(s-al..„^..,„_„
Co. (irreg.)..
Bastian-Blessing Co;
(quar.)—../
B&usch & Lomfe Optical i%. pfd.
(quar.)
Beatrice Foods^ Co.,. com^ (ixuireased,- quar.)
Oil
'
Extra,;
3% %
.:
12-31
12-23
40c
1- 2
N12-13
1-; 2
12< 6
$1.
(guar.)./
Class-B<. (interim)
,
Co. * (quar.).........
Packingr Co. (quariU...
50c
Belding-CorticeUl, Ltd.,
common. (quar.)
prefm-red; (quar.)..^._^.__^.
Belgium Glove • & Hosiery. Co. of Canada,
.
$$1.75.
Bell
Telephone;Co.
of
Canada, (quar.)..—.
12-21
1-
:
12-16
1-, 2
12-
?
12-14
l* a
2
,i%
O
12a 5
12-/6./
12-11*
12-11*
12-10
12-20
12-20
5%
1^.4-Extra
&
Club
lm 2
11-30
1
2-28
4'■
2-
50c
$5c
Son,
Co.
410c
Bliss
f*.%
Bioch
12-31
1-15
12-31
Sivalls
" 12-30
f
Common.
12-20
3-t 1
2-26
Foundry &. Machine
common
(initial)..
12-16
25c
12-28
12-18
12-31
12-14
1-2
12-16
(year-end)
15c
50c
-37(4c
-.
(quar.)
.
pfd. (quar.)
$1.50
Brass.,Corp..,
50c
Bonanza Development Co. (Initial)
15c
Booth (F. E.) C»„ $3 preferred (accum.) .75c
(Geo.xgp,W:F: Co. (quar.)....,
Borg-Warner Corp,,; common.,
Borg
Boston
preferred
&
Albany
Boston
12-21
12-24
12-16
1- 2
12-13
12-30?
12-23
1- 2
12-14
3-16*^
U2
.1*8"
12-11
87J/2c
1-2
$2.25
12-31
11-30
$1.25
—
....
Co.
,12-21
40c
(quar.)—
RR. Co..
Railway-(quar.)
Insurance Cb. (qjar.)-....^-~^-_w
Storage: Warehouse Co,,, (quar.)
Boston. Wharf
12-31
20c
Boston Elevated
Boston
12-16
.
1-2
12-10
(year-end)
$1.50
12-11
1- 2;
55c
$1.25
12-20
12-27
12-30
12-16
12-12
Boston Woven Hose & Rubber Co.—
Common.-
(special)
Brach (E, J.) &
Extra
(special).
Sons'(quar.)
11-15
11-15
62V'aC
Cordage, Ltd.,
preferred
1-2-47
1-2-47*
50o
.:r.
Brantford
$1.30
$1.75
$1.75
...
Boston Woven Hose 4s Rubber Co.
com.
(quar.)__
(quar.)__—
Brazilian Traction Light & Power—,
6%
preferred
(quar.)
12-31
12- 7
::vl2-3l/
12- 7
$12»/ac
1-15
$321/aC
1-15
'r
*
12-20
1- 2
%
»
" :
12-16
Bridgeport Brass, common (quar.)_._.^
5'/2% convertible preferred (quar.).™.._._
1- 2
12-16
$1.37Ya
12-31
"'12-16
Bridgeport Gas Light Co.
;
35c
12-30
12-13
(quar.)
15c
•
12*
2
1-
2
1-2
2-22
(quar.)
Celanesq, Ltd.,
common
u,:
(quar.)
/
—
7
12% 7
:
12-. 7
1-2
——1
—
(quar.)
A
(quar.)
Cottons,;Ltd., common
preferred (quar.) —
(quar.)..
2-22
:
$1-75
.
Products^___-„_i.—_——.
12-31,
12-16
12-31
(extra)
11- 2
1-2
u—
$1.75
11-30
11-30
1-15/
—
•
%
1
>'
2-28
5*31
7r 1,
12-30
50©
; i- 3
12*16
1-2
12-10
—
2
.
r
•
2
..
•
(Del.)
pref.
90©
12-30
Class- B*
"f
1-2
;1«: 2
1-
v
T5©
1-2
12*13.
1-2
12-20
2
12-20
1-
1-2
$209
-
Inc.—•.
-,
1-
12-20
12-26
12-16
12-16
12-30
12-16
$$1
-1*4
12* 1
$1.25
2-1
146
1* 2
12*14
1-2
12-14
1-
2
12-14
1-
2
12-16
25«
12-31
12-16
12r3X
12-16
$1.25
v.
4% 1st.preferred (quar.)
Carolina power>& Light
*0$m
/:/$5 pfd.. (quar.)
Carriers & General?Corp.
$1.25
(
——-
(quar.)_
lj»i 2
50«o
i-
2
12-11
#2-
50o
.
;
12-11
■
1
1-10
1-
2
12*18
12*24
12-16
.
50
Special,'
45 c
12-24
Carreras, Ltd—
Class A ordinary regis, (final)
1-6
22%%
/ ClassB ordinary regis,»(final)
,T-».''6"J
" 22JA%
Carthage Mills, ln.c;» 6% preferred A / (quar.)
$1.56, !> 1* 2
6% preferred B
(quar.)_
60c
.1-2
Case (J, I.) Co., common
1- 2
/
4ftC"
7%
1- 2
preferred (quar.)
$1.75
Case Lockwood & Brainard Co. (quar.)
1- 2
$2,56
12-16
.
—
Ltd.,; 7%/ preferred, (accum.)!.-.--//
Castle
(A. M.)
& Co.
(special)—————
Catelll Food Products, Ltd.,
Celanese
1st
preferred
.
12-23
$2.12%
f."■ '.yiYtl*0;.
•
12-
2nd
/
Continental
.
/*!•*.. 2
12-17
1~ 2
12-17
Cold
$1.75,
' i; 25c
I../!—25c>
Storage; Co. (extra
;/ $1.10
Central Dairy Products—
1-31
$5
•>
1-31
'12-26
1-2
12-
2
12-14
2
1- 2
Trust
Co.
-
,
»/
12-13
12-14 •/
30©
12-31
12-13
25c
12-28
]2-13*
$1.25
12-28
20©
Quarterly
i-
1-
;
12-13*
12-13*
1
12-13
1
12*20
12%©
Machine, common—-
1* 2
I; 12-20
$1.13
i- 2
12-15
50C
12-23
'41;;:
41-17-
$1.25
—
-
•
'
-
/
—rr*—■
(Increased)—
(extra)
-•*-*—**
Cooper-Bessemer Corp. $3 prior pfd. (quar.)
Cooper Tire & Rubber Co
.*
(Del.)
Cook Paint & Varnish
Continental
12-12
;
12-28
of N. Y.—
5%
12*12
1* 2
$1
$1.37%
preferred (quar.)-_—v—
/'Continental Gin Company— -y:
41% % - preferred
(quar.)
1-10
'4*10:
1-
$1.12%;
Co.
(quarj
(quar.)—_i—;//$1.183A
——-
12*12
539*
(quar.)
Baking, common (initial- quar.)Assurance
Continental Foundry &
Z&l
;
2
80c
—»-—«—
Power
$5.50 preferredContinental Bank &
12-13
'■1
(quar.)
!
12-13
;
■
3
i;
(quar.)
preferred'/(quar.)
Continental
11*26
;
12*16
12-10
\m 2
$25©
Co., $4.56 pfd.- (quar*) —
Container Corp. of America (year-end) -__^-
12-17
preferred
4%%
/ Consumers
12-12
11-18
12*16
I-15 -'
1-24'
,
•
12*$3
12-12
12-10
1-15
±41/
Ltd. (year-end)
Consolidated Press, Ltd.* class A-(quar.) *««
/Oonsolidated/Betail Stores, Inc.—
Common
(quar.); __———
Paper,
12-16
12-13
12-26
1-
'A'**»*
'■+*'**Zlm*
Consolidated
12-20
.
+'f?
t$D
:
1-10 ■'
2
1-
'r5/
;
..
'
1-1?
(extra)-,-
25©
©I'2©"
*;
Smelting of Canada™™
12*14
1-27-
■ ■
/Semiannually-
»
'y\
12-31
com.
(quar.)
5% /preferred, (quar.' *
Consolidated Investment Trust (Boston)—
$25©
Celotex Corp. com.
/ 5% pfd.- (quar.)
Central
2
Gas
common
/v
.
♦ common
7%
1-
Baltimore,
I' .Year-end
r Consolidated Mining &
—/' 25c
Corp. of America(initial).—
New
/;
A$$?*
12-16
:
(increased
pfd.
non-cum.
Consolidated Grocers Corp., common
:
12*18
12-28,
65©~:
(year-end)
Standard Securities,
Electric.. Light. & Po.wer.
90c
(quar.)
4%% preferred (quar.)
:—$112/a
4% preferred C (quar,)—
—
; -j.-**
Consolidated Gas. Utilities (quar.)
lZYa»
.
12-15
12-31
(quar.)
annual);--4—
Consolidated
12-20
1
1*
$2.50;
o
12-26 1
$1
Consolidated Edison? Co« (N. Y.)*«*
./J $5 preferred; (quar.)___
12-20
25C
/■•
Ltd.,.
■
12r $
50C
/
12-20
2
.v-l* 4/
65 c
■
Year-end /■
5,% pfd. (quar.)
Carman & Company, Inc.
Carnation/Co./ ;coramon
12-12
i-
$1:
(extra)
12-12
12-26
75c
Capitol Records, Inc. $2.60 conv. pfd. (quar.)
Carey (Philip) Mfg. com._„____.
12-10
2
12-26
55c
_
2
X*
2*19
$1;;
13*
N l
$1.25
—
Consolidated Diversified
2*
12*16
2
,35©:
Class A.(extra),——
Corp.
1H1,
.
1-
40©
Industries,
Chemical
"l2-U;/!
2
■
- -
———
(extra)
Consolidated Cigar
/12-ii.r/
25c
,
//Class. B
.
>„_14.08442©'
$3. pfd. A: (quar.)
Capital City Products
2
12-14
1-
$35c
"
12-
'42-14';
fj"2-24
24C;
—
9
i;
2-15
--L-;~~+—.——
Light & Power
Consolidated
12-31
1-
12-
12-30
(New .Hampshire)—
Quarterly
12*31
1*16
50C
(vear-end)
Consolidated Bakeries of ^Canada, Ltd.-™*.
12*20
2-
2%
$37%© "
(final)
12-31
'
Co.-—
quarterly
Special
Connecticut
12-20
1-
Gas
Increased
.
Ltd.—
1-
.
12-27
1*15
t5c
$160,"
(quar^*^-,^^.--!
Investment
1* 9
$2.2S
.
./Connecticut Gas & Coke Securities—
/
$3 preferred -(quar.)
Connecticut, General Life Insurance—
;
.
12*20
12-18/
:25C
/
preferred
(accum.)-.
———
'■Conde
Nast
Publications.—^—
12^2
4-
$75c
475o
$75o
12^20
1
7%
•
,
.
Concord
.
12-31
1*
/ $!5c,
12*11 /
1"
1-
73C
Commonwealth
i
12-14
.
1*
$1.50,
'
$$2.
12*19/
$2*10-
•
12-23
$2.25"
______
—
t.Year*endCj.
2
1-
12-31
>$?-%04;v
2
i2%ii;:
1-2.
2
lr 2
$5O'Ac;
1*. 2
41.50.
—
./j Commonwealth Water'Co, 5Va% pfd, (quaft)4- $1^!%
/
Commonwealth/Water & Light Co,—- - *
1?*» 2
$1.75
;
7% preferred* (quar.) ,—
—
$J;50
,11-30
.(
$6 preferred - (quar.)_».«.«»~^».*.*.j.—r—
12-
2
1-
1-13
12-24.
Engineering-(year-endli,--i--wLtd., common (quar;)
8% preferred (quar.K—
Commercial Credit Co., common
(quar;)—
12-27
1-
12-16*
$1.75
(year-end)
12-.20
3;
i-15
—
/.a f/$3.6ff/preferred?
12-16
1-31
1*
1-1
25c
Commercial Alcohols,
;
1*29
$30c
•"./
Cassidy's,
12-11
20O
40Q'
pfd.
Ice? Co.,
Year-end
•
12^-16
$ 18 %c
$25q
preferred
non-cum
;
12.-14
1-2
;
35c
12-13
1- 2
$1.13
;
.
■
1-29
12-3$
$50c$50o
$433Ac
$183Ao
$45c
Capital Administration class A (year-end)
12-20
V.-'
$$1.50
^ 8,fll5!..
•Combustion
Extra
■
12-16
1-10
12-31
.
:Tobacco,„ 6%
Pohn Aluminum &:
31/2%
1-2
-
1-
$1.50>class A (accum.)_.
—: $750'
Cannon.Mihk Cb.; (increased quar.).
$1
■
12-16
-
$1,50
common
convertible "preferred
Brothers
12-20
12-28
30c
$1.75
>
.....
(initial)....
...
Laughlin, inc.,
'1*2
12-28-
50c
.
5*?15
9-2
$1.75
7%
$7 preferred (quar,)
:'w 46 preferred .IBS (quar,).-^—
' Colonial Stores, Inc.- (extra)
/ Columbia Baking Co.,
new com.
(quar.)
Columbus & Southern Ohio -Eleotric—
,12-. 7
$20c
$25c
Canadian- Silk Products; class A (quar.)_
Canadian Westinghouse, Ltd.
(reduced)
Canadian Wirebound Boxes, Ltd.-r-
12-20
12-30
75C
t (quar.)
&t Bryson,
4%
15c
50c
...
6* 2
'
10c
,
(year-end)—
com.
1-17
12V2c
common——
preferred
&
1-15
(year^end)——
Inc.
Birdsboro-Steel
$6
12-6
2-15
(quar.)__>^-
Works
Water
Aluminum
Colonial
1- 2
V
preferredv(quar,$$1.25.
preferred (quar.)^—
$$2
Canadian Pacific Railway—
; : '
;
11-29
1- 2
1-18
3-1
Machineu_w^_;__-_-
Cluett Peabody & Co., common
12- 7
$10c
—
2-1
12-28
12*16
2- 1
___
7 % - preferred,- (quar*) —
Colgate-Palmolive-Peet Co?
*
$3.5ftf p£eferred. (quar,)
1-10
1
1- 2:
5%
$1.75,
2
1-
$2
;*,
1-10
2-1
$15.c.
—^
———
12-16
■
^
Oil Cos.,
12-20
•
•
12-26
•
$25ca
$5c
Quarterly
12-16
common (quar.)—
Birmingham Electric Co.,
$7 preferred ; (quar.)
Black
12-28
—
Machine
1-15
.$25c
Stamping,;
Bird
12-14
1-31
12-28
•
preferred (quar.)
(quar.)^./....—
Manufacturing
Bird
12-30
30c
preferred?
Binks
12-16
12-16
1- 2
$i
(quar*)..
Canton; Industries^ (quae.)
Clinton
$31 %c-
(initial)...
Canadian General Electric,- Ltd, (quar.)—%
Canadian General Investments, Ltd. (quar.)
Canadian Foreign Investment Corp;, Ltd.—'
Quarterly
w."
Quarterly
12-16
&
/.Cleveland: Hobblng
12*14/
V
450®*
....
4 Vi %
12-16
1-2
"
pfd./w;(quar.);--*.-,-w//iiii^/»-.^^:'
f
12-. 6
...;
37Vao
-
11-30
1-2
12-.16-
/ 75©
12-29
1-2
pfd. (quar.)i._
12-27
30c
12-20
City Auto Stamping Co., (year-end)*
12-31
12,10
v:
m
City Ice & Fuel Co. (increased quar.)——
1- I
12-23
$1.4?Va
City Investing; Co., ZVzfy preferred (quar?) >
City of Paris Dry Gooda— - - —
>
$1;7$ 2*15*4T 2^-*?;
7%
1st. preferred (quar.)
•at- 1-2*47
12*20
7%
2nd. preferred
(s-a).
1- 2
12.-20
75c
Clark (D. L.) Co. firreg.)
Cleveland. Electric Illuminating—— :)
:
: *
;1- 1"-' 12* 6
$4.56 preferred (quar-)^-*^^^^—_$1.12%%
1-2 ; 12-20
$1.50
Clearfield St Mahoning Ry. (s-a)—_—--
*
Common- (increased)—.
$1 convertible^'class A- (quay.)
1-15
2
/Citizens,: Waterloo.;. (Wash.,. Pa.)—
'•1--2'
Canadian Food products," Ltd.—
12- 6
81V4C
ClassA-.(quar.)
Bingham
■
Ltd.,
:
pfd.
Cincinnati Union Stock Yards
1- 2
12-23*
12-16
1-
nn
Telephone (quar.)„
(year-end)
Suburban
Cincinnati
12-
1-10
1-2
75a
preferred * (quar.)__—
/ 4%
preferred. (quar.)„——
P 5%- preferred
12-10*
1- 2
$$1.25
Converters class
Canadian
(quar.) V
$.3.25;; preferred,; (quar.)
Benson; & Hedges, $2 preferred (quar.)—4
Berens Riyer Min.es, Ltd.
(interim)../
Bijtmore Hats;
6%
$3'''
50c
€ZYiC
5%
-
-
Canadian
'
12-17
(s-a).»•
12-31
2
$
12-17.I'/.
3ftd:
12-28
Cincinnati New Orleans & Texas Pacific Ry.-r
12-21
1- 2/
Gas
preferred
4%
1-2/
4*31
preference (quar.)
.—
Canadian
12-17
12-28
$1,25
12-20
___
(quar,)
Extra:
$1.75 preferred*
12-23
$1.23
.1- 2
$$1.25
$$1,50^
$37%o
—
12- 8
11-30
50c
.
:
.
U2-14
1
1-10
12-10
$3
..
Common
1%
12-16
1« 2
.
4$2
.
Bendix-Aviation. Corp.
Beneficial Corps, $6 preferred; (s-a),.
Beneficial- Industrial Loan Corp.—,
Bethlehem Steel Corp.,
*
.
Ltd.,. common (irreg.),$15c
6%
preferred, (quar.)
$25o
V
'If,'2
1- 2
l-». 3/
1-; 2
.1- 2
*
$$1.50
1%
•
1-: 2
2 <4
$1
.
Canadian
•
lf 2i/42-14
.
Creek RR.
Class A'
12-16
|| X - 8
$1.25
4%
Cincinnati Inter-Terminal .Railroad Co.—
/
Participating-
12-16
■
I- 2:
.
.450c, /
$50o
,450c;
$$1.75"
*
....
Beaver Lumber .Co., Ltd^. common(s-a)
1%
preferred, (quar.)".......,
...........
Beech-Nut
1- 2
1- 2
84%c
Beatty;®i^herft/Ltd.i/<aM&.:f4b^6uax.).ww^l-'
Beech
50c
$1,50
.
.
& Electric.
Cincinnati
Canadian Car & Foundry Do., Ltd.—
Common,
12*
12*12
$1/:
—..^*-
12-10
Participating/
12-12
6
12-26
12-24.
SftC',
.
-
(quar.)
Ltd.—
60c non-cum. convertible
12-21
20c
■
preferred
12-21
$2.25
....
—
„
12-31'
25c
4'/i%r
Bareco
/
+
12-13
$34%o
(quar.)——
Common (interim)—
5% 1st-preference (quar.).
12-7*
50c
....
Corp..
6
:
12- 6
CO./;4^.% ; preferred-'(quari)^^142%: :/
Canadian Canners;
12-
..;
,
r
12-7*
12-14'.
2
.
1-2
Canadian Bronze Co./ Ltd.— .
Common
(Increased quar;>___^—'
12- 7*
12-27
2
1-
1-10
12-28
1-10
>
1-
$3
v"
'
;
12-3.3
1-2
"
75C
Cbicagq Milwaukee St. Paul & Pacific RR^a
Preferred,; Ai,(year-en4)^---^-/i.//-.^.-»-i./
Chicago Pneumatic; Tool, com. (year-end).—
42.5ft convertible prior preferred, (quar.).
$3 eonyertiblfl. preferred, (quar;)
.-i—
...»«
.Christba<na Securities Co.r-*,1%: preferred / (qua
■
2
12*18
B '
Breweries, Ltd-, (quar.).——
Quarterly
1——.U—_._i—■
50c
..
12-
,
m
12414.;:;
12-16 i /-'
2
Citizens Wholesale Supply 6%
Canadian
12-21:.
12-21
50c.'
J,
12-20
2,
$$3.5a
50c
50c
75c
(s-a>
Canada Southern/Railway- -(s-a-
12-21
■
Fxtra
Co.—
convertible
class
A 12-14
1-
7 j
1
50C
50c
31%e/
31 'Ac /,
(s-a)....
12-31
12-31
450
•—.WW
$1.25
$1.56
..
2-
3114c
(quar.)——.—,
50c
Canada Steamship Lines—
5%
non-cumi
preferred
12-17
12-31
10c
1
■
A/W-' 50C.
2
i*
—
12-27*
1-2
$$1.75., .S 1-15,
Barcalo,
.
12-20
H 2
12-17
1-2
(quar.)-i.——
$62'Ac
Canada Cycle & Motor, Ltd.—
12-27;
5% 1st / prefdrence/(quar;)$$1,25/
Canada Dry Ginger Ale, common (quar.)
/1- 1
15c
$4.25 preferred' (quaPi)i.—$$.06%,
/i-4.
12-28
Canada Machinery Corpv (initial)
$25c
1-25
Canada Northern Power* common ? (quar.)..
$1501-15
7% preferred (quar.)
$$i,75:
Canada Permanent-Mortgage Corp.-(quar.).
1-2*
$$2-*
5%
12-10
12-19*
1-7-47
Bankers Trust ,Co,;,ot N.. Y^Cquai-i,45c
Barber, Asphalt; Corp. (mmr,.
25cBarber-EUis of Canada, Ltd., com. (special)
$$1.90/
1-
(qua*.28%o
Company,-com. (year-end)—.
12-
50
(N.. Y.). Cquar.)^—
.
12-16
2
•/ ,'
2
'
(quar.)—415o
Burlington County Ry.
6^2%
1-2
$3.56
...
12-11
1-
3-20
1-15
1-
15o
.
Chicago Dock &. Canal Co. .(extra)—
Chicago Electric Mfg-—/
:
$2 class A pfd. (acqum.
Chicago Mill St Lumber, (quar.)—
12-11
12-28
50C '
(year-end)
Forge
Canada Bread
'
1- 2
-
12-281
10c ' 42^24/
1? 2,
90c
-
Water Service Co.- (quar.)
Camden
12-14
1- 1
1-20
'
.
1
1
2-15
20c
;
—
& .Ohio Railway
Extra
4-
5c
:
Chicago Burlingtonj & Quin.cy RR
$1.75.
% Financial Corp.- (quar.)
12-20
12-2T
$1.25.,
40c
$1.75«
preferred:
Bank
I.
California
10c
—
(Pv H.)
12- 9
—20c
BancOhio.:Cprp#,;Cquar.)^Jwww^,P..w
C.
12-10
12-12
12-14
Bangor* & Aroostook RRi,8 %, pttL (quar.).-,.
Bangor. Hydro-Electric, common (year-end)
12-11
pfd. .(qua?.)
Zr
2-
$1.12%
(quar.)
r
Chesapeake
/
>/
*
5614c
Manufacturing. Co.. com.-_
Master
12-20
12-20
12-11
/
1-1-47
$1,12%
.
—
(increased quar.)
Chemical Bank Sg; Trust.
,
;
$1.50
$3.50
(s-a)
convertible
12-23
Locomotive
Works., (year-end)
75c
Baltimore* Porcelain Steel,, com*, (initial)
5©>
7% convertible preferred (quar.)—8%c
.
12-11
12.-28
preferred
(quar.)—--,.
5 % non-convertible preferred B: (quar.) —.
Butterfly Hosiery'Mills, Ltd.—7% preferred-(s-a)—————
12-24
(quat,)w,.
Extra
Brothers
5%
12-18
35c.
20©<
12-11
12-28.,
v
"
Terminal .Buildings; 7 % pfd. (accum.)
Terminal Co., 6% preferred'(quar.)..
Bush
12-16
12-18
Axe-Houghton FuniV In©.^™^——
Axe-Houghton Fund
5%
12-28
.
s"'
convertible preferred
1-10
Corp.—
Fxtra
■
Bush
1-1-47
6c
:
.
Avon
12-11
class
:
41/2%
(quar.)^w^„.„
Candy Co.
12-31'/
$1.12%.
(quayJ,
Champion Paper & Fibre, $4.50. pfd..
;
■
512-14//
19c
15c'
prior pref.
2
12-10
$1.03
1
comm°»—-
Store Investment
1- 2 /
(initial)-
4% %
.
Chain
Bush
12-20
12- 5
;
:
1-15
$2c
(quar.)/.^
Chase
held—.,.—
Burlington. Steel Co., Ltd.
Manufacturing—
'
12-11
2
1- 2
12-20,
,
10®
12-20
1* 2
(quar.).
Building- Products,,Ltd." (quar,).-————
$250;
Bulova' Watch Cq;" (qqar.)50c
12-14
12-20
12-20
12-11
1- 2
25c*.
|
$2~50
preferred
Products,
1-
40c
'it;
.
.
(quar,) wr.^.-,,^
prior pref.
Chefford
A* (stock dividend) —
Corp. of Amer. for
Extra
12-17
:
12-10
.
6% "preferred
;
12-10
1
Chasers,; .faa- ,(quar.)
Buffalq Natiohal :Corp.,Buffalo Niagara TjUectrici 3.6% pfd.
6
/
v
12-19
1
2
12-26
of Amer.
particpating
non-cum.
1-
1-
1
1-
(quaul~
4%%
-1—. I'S't
/i
A
Certain-teed
■
class B
Amer.
//$7? n®n-cum. ;2pd preferred (s-a)
Bucjnru8-Erie-'CQ4i7%, preferred (quar.)—
6
12-16
1- 2
I«c2»
1- 2
$1.25
Hat
shares
20
12-31
// 4.15 fo;. preferred
Ceraseal Chemical,
dividend) —
Hat Corp.
of
12*19
held
shares
class
share
each
12-21
1-
of
of
Corp.
20
1.4
(stock dividend)—/
stock, for'each 20* shares held--.,—
Participating
12-21
1-
Hat
1-
w
1-
Light & Power (quar
4%% conv. pfd.
Participating; class,, A__
1-31
2- 1
56 140
Auto
Baldwin
each
12-5
Engine—
(^uar;)-^—
60c
Aviation
of
for
11-30
Auto Fabric Product? f Co*. Ltd*.—
Avery
share
20C
;
12-15
12-10
*
$1.50
Central Patricia Gold Mines,, Ltd.,
Central Vermont Public.Servicer--
i 12*15
12-18 //
12-5
12-21
12-31
87%C
.
Central Ohio
2
12-31
60c.
300
(quar,)_.
preferred
preferred".
1-15
80C
u
One
53c
,
12-27
/
1*15
1-
12-20
:/x
12-27
(year-end)
"3.50%
6%
12-20
jZ 1- 2 %
$1.12'A
(initial).
Investment
.
12-20
$l.414/s
Maine; Power Co., comm°h'"-—
/
(quar.)
common
preferred
Central
12-15
/l* .2/
,
$1.25
$1
.—
(extra)—.—.—
Co.—
y"1'-
Class A common, (stock
.
B
Inc.
1140
.
3.60preferred
(quar.).-.
Co.,
12-10
12-28
$1.54
50c
$1.50
(quar.)-——
Co.
Shoe
$5
preferred
Bryndum Corp.,
•
12-28
12-31*
Atchison .Topeka & Sante Pe Ry., common3- 3
5% nom-cuim preferred, (s-a)_,—,$2.56. -s 2-t.l
Atlanta Laundries, $2.56 1st. pfd-, (accum.)-..,
$L26 . „l*. 2/
). $2.50, second .preferred (accum,)————
$2.56
.1*2,
Atlantic Realty; Co. (Georgia)—
.
* '
$6 preferred;?! s-a) —
—
$3 ,
1- 2
Atlantic? Refining:Oo., 4% pfd.. A Cquax.),—$1
2* 1
Associates
preferred
12-16
stock
$1.32
—
100
/
12-20
2
41,41%.
Central
■
5
$1.25
4
(quar.)___
pfd. series B
2
1-
15c.;
—
Associated: Telephone & .Telegraph—
$6 1st preferred (accum.).—
7% 1st -preferred (accum.)
12-
1-31
;
2
1-
.
$1.02%
141
90c
■
4%
,
12-23
"
12-10
1-1
1*1
.
12-20
12*13
1-15
900
$2-1?
1- 2
$1.02 '/a
Illinois Light, 4Va% pfd. (quar.)—_
Illinois Puolic Service, $6 preferred
Central
:12*31
12*24/
•
2
1-
32VuC
(quar.)
"preferred
$250
—
Gas com.
pfd. series A (quar.)
4.10%
Central
^8*47
$1.38/
—
Arrow-Hart & Hegeman Elec.
4.10%
'•
1*15
.
28c
1-
$1
&
12fl 6
(N, Y,)—
1
12«t 5
12-24
$40©
Ltd., class A (quar.)
Broad Street Investing Corp. (year-end).—
Special, payable in stobk or cash.—
Brompton Pulp &• Paper Co., Ltd. (quar.)Brown Shoe Company, $3.60- pfd. (quar.)
$3.60 preferred
(quar.)
—
Brown-Durell Co., common
(quar;) _——.
Extras
i—.^.,5%
preferred (quar,)s../——,
Brown Forman Distillers Corp., com. (quar.)
$5 prior preferred ,—;—
Eritish Columbia Power,
12-31
59%C
—
Central Illinois Electric
12-16
1' 2;
t
$$1.50
(quar.)i.___.-
preferred
0%
12-15
11*25
Quarterly
-
■
,
12-13
1- 2
80©
Class A/(quar.)___.—25©
12-16
•
1-31
1- 2
1-23
-
12-13
——
.
$1.50
4.75%- preferred A (quar.)
Centra! Hanover Bank Sf Trust Co.
2
1-
1-16
^3.%Q_.
12-14
12-20
(111.)—-
$6 convertible prior preferred, (accum.)—-
.
/
13-31'
-V',',
25c
1- 2
Brillo Manufacturing Co-., com. (increased). *
30c
1- 2
'■
$2- -preferred -A- (quar.)-.i~.—.—.....1 .
50o)
: 1? 2,
British: American;: Oil C^» Ltd. (quar.)
+25d
British' Celanese, Ltd.—
'
"
'
American
deposit receipts
for ordinary •
-;
8% ^23r4t
registered-; (final)
„
\v
Central Electric &. Gas—
(qnat»)
,
(extra)
Common
12-14
preferred (, s-a)—$3 t > 12-23
Special
$1
12-31
Argus Corp., Ltd., common (initial)-*—$10o*
3- 1»
4%%
conv.
preferred (quar,).—m.12%
3-1
Arizona, Edison Co., $5 preferred (quar.)*._». 1,.
$1.25 r;&' l- 1Arkansas Natural Gas, 6% preferred (quar.)
15c $ 12*27
Arkansas Power & Light,. $.7. pfd.. (quar.)j.Ji. $1.75, v 1- 2
$6 preferred-(quar.)
,$i.5a.u
1-2Arkansas Western Gas (quar.),—
12 %c
12-31"
Arlington Mills;; (year-end
>
$5:
12-27'
.
When
Holders
Payable of Rec.
Share
,•'/ •
■
u
Bristol-Myers; Corporation—
*
3% % participating preferred.
12-14
Pet ■{
ofCompany
Payable of Rec.
Share
Name of Company
1- 4
Holders-
When-
Pep-
Holders
Share* Payable of Rec.
(s-a)
(year-end)
Arcade-Cotton Mills, 6 %
'
.
,
Ltd.
Anneuser-Buscn,
"
,
Name of Company
Monday, December 23,: 1946
CHRONICLE
THE COMMERCIAL & FINANCIAL
3330
Oil
12%
2
1-
2
'
75c
;/
•;
12-20
12-16
40©
12-31
12-16
fclume; 164
Number 4553,
■
THE; COMMERCIAL. & FINANCIAL CHRONICLE
Per
iName
Company,
Share
Lumjjgj Co., 6 % preferred
(s-a)
ornell-Dubilier Electric—*
• • •
->
$5.25..'Series A preferred (quar.)
°5Sf : ^°,od Products,1 6% ,pid. (quah)__i_
rning Glass Works com.i: -./ ■.
preferred
oronet
Phosphate
rroon
ai?
(qUar.j
Corp. $6
(ny.ar.)
an®
.Extra
earn
III
of
l;';
1-
2
2
11-24
12-24
12-24
12-14
30c
1- 2
12-13
30c
1-15
-'
•
'
3,0C
(quar.)
12-31
2'
7%
,
■tf
12-31
>
12-17..
12-31
12-31
12-17
40c
:
dahy Packing rtn
Co.; common (quar.)
4% %> * preferred
(quar.) __I____*„___^_'_,
Press, Inc., common (extra)(quar )
75c
&
Securities
Corp.
of
$1
Records, Inc.,
cker
new
(quar.)
laware Power 8c
Light," 4%
RR. (s-a) «>;
Monte Properties
1
Ha
Air
Lines
'■Extra
5%
&
Rubber,
preferred
troit
&
troit
Gasket
Two
Fashion: Park,
International
Extra
1-19
Bridge
12-20
1-3
12-20
l- 3
12-20
'
tYear-end >i-'.:
Chss B ^(quar.)
b-■■■
(quar.)
//;
1"- 2
12-14
11-29
1-2
11-29'
11-29
8%\\ p&rtldipating "preferred.
75c
3-1
amond T iMotor'-.Gar^
25C
2
lass
B
(Increased),
Corp>Seagrarfis,
preferred
trlct
8-25.
•,
■
''
Ltd.^-'
">
1-15
8-15
$1.5Qii
1'
1
20c
1-
62 Vic
.
>■'
■
Coal,*. Ltd.J"8% pfd. (accum.)..
Dairies; Ltd;—: ■, /
fcon-cumalativer preferred. (quarX.I«
minion Foundry 8s Steel, Ltd, (quar.)
2
12-16 f
12-10
12-14
12-28-
Glass
Co.,
Ltd.,
common
Extra
i».
1-30:
12-30
:
12-12
:«
..preferred
1-31
(quar.).
common
$35c
12-31)
i135C
&
Linoleum
•
VTO
(quar.).—__
(quar.)
1-15.
12-27
1-15
.
&
Supply .(year-end)
preferred
(quar.)
—
&-Bradstreet,
1-
...
plan" Corporation
(stock
1-
2
-50c:;.
12-24
,7%c.;
..
1-15
$1 '
$1.75 /
.'75c
1-
12-18
1
12-20
1-
1-15
12-22'
11-30.
iK
'
1- 7
12-20
$1.75 '. :ia.
$1.12 y3
•l-:2.;:
■
25c
Kodak
preferred
Washing Machine,
Class
(resumed)..^,.
A
s
:
—
.
750
147')
■
•.
2
12-14
25c
-V a
12-14
60ft
1-2
12-14
25c
1- 2
12-14
1- 2
12-14
1-
2
25c
5C
1*,2
1-25
1-2
conv,
12-16
12-30;
12-30
12-20
Co.,
I
1- ?-
12-20
1
common
2
2
12-16
1-20
1-
2
1-15
?
,;
1-1-47
4-1-47
25C
1-10
11-
3-20
.
12-31*
12-31
12-31
2
12-19:
2
12-
12-
"12-28
25C
12-28
12-16
1-
1
1-
1
■
11-30
1-
2
1-
15c
.
General
5
2
Co.,
Controls, Co.,
12-
11-29
6
12-21
1- 2.
12-18
V 62 %0
12-28
11-25
i5c
2-1
1-17.
General
General
Crudq
Power,
Interest
Oil
Electric
Co,___
preferred
7%
pfd.
(accum.)
B
Fireproofing Co., 7%
(quar. )_
12-16
12-16
12-20
::
12-21
1- 2
12-13
1-15
12-20
/i
$2.5,0
12- 9
12-31
12-
12-31
9
12-20
1— 2
1- 2
12-20
.
12-31
12-
12-27.
*
12-17
(year-end)
$1
______
12-27
12-20
12-20
$75o,
9
12-13
ii-30
11-30
ci
12-10
1- 2
1- 2
,
/
12-10
,
.
250
$1.06W
$1.12%
pfd.
—
12-18
1- 2
12-14
is a
12-14
12-30
3%
(quar.)—
12-28.
3%,
(quar.) _______
Co., 4!/4%
12-30
—• /
Refraotories
(quay.)
11-15
11-15
$0c
'.
1- 2
12-17
35c
;
(year-end)—
12-31
12-19
:
;:
1- 9
2- 1
12-31
:
12-17
■//,
1-15
1-2
50c
50c,
■
12-18
1- 2
1-15
.>••*• 60c,
14V2c
(quar.)
0
1-
12-16
12-21
1- 2
12-21
1- 2
1- 2 £ 12-21
/
12-12
1- 2
12-12
25c, *12-24
■
12-21
1- 2
12-24
■
—
"
12-10
c: 12-10
1-16
12-10
12-10
/
6-10
;
5%%
preferred (quar.)—————*
Helme (George W.)
Co., common..;
—_
7%.
preferred
(quar.)
Cement
50c
1-2
12-20
Hercules
Motors
25c
1,-1-2
12-16
1- 2
12-16
ipe
12-23
12-12
1—
$.
12-20
1-2
12-20
1-25
12-20
1- 2
12-19
$1.75
12-16
.1-3
l$1.75'
(quar.)__
:(s-a)-_-i-__/-____L__-_A-*_iI>.-.
Hercules
80 c
pfd.
12-21
12-20
12-31
;
preferred (quar1.)$1.12% ;/ 2-1
Hawley. Pulp 61 Paper, $6 preferred (quar.)_
$1'.50
1- 2
Haytiah Corp, of America—50h
J3-27
/Additional
50c 6r27-47
Hazel-Atlas
Glass
(extra)—
65c
12-27
New: common (Initial quar.)-.:—______
80ft.
1- 2
Hein-Werner Motor Parts, Corp.—"_
75c
12-31
Heinz (H. J.) Co., com,, (Initial quar.) ____ *
45c
1- 1
3.65%
preferred (initial quar,)——_____
91%C
1- 1
Helena Rubinstein, Inc. (see Rubinstein)—;
Heller (Walter E.) & Co., com. (quar.)
•
15c
1- 2
Extra
—*
20c
1- 2
4%
preferred (quar.)_
i—_—______
$1
1-2
12-20
40c
Co.________■
12-14
Tobacco—
12-16
$i
,
<
1- 2
hon-cum. preferred-iZ--—75o
Corp. of America, class A (s-a); 25c
1- 2
:,>••
pfd.
(stock dividend payable in A stock),
A stock)
Fire Insurance, Co.
(quar.)
12-31
:■/
$7
participating
$1
j
Ltd.,
——
31V4C
37.%q
common_,^.+„»wi»;ij
General Discount Corp.,
4%. preferred
(s-a)
12-14
2
$1.12%
6%, preferred ( quqr".
12-14
12-24
1-
J
common,
12-21
:
11-30
75c
,
Transportation
General
12-24
•
American
General, Baking
,
,
•:
1- 2
1- 2
12-26
1- 2
12-13
12-13'
_
11-30
(quar.)
•
„
II-30
$10c,
$$1.25
(auar.).
.12-14
12-31
.
.
//■'4%%
12-20
123 c
(quar.)
Corp.—
.'••- 5%
convertible preferred
(nuar.):
;
General Cable Corp. 4% 1st pfd. (quar.)___
; v 4% conv. 2nd pfd. (quar.
12-21
12-28
$25c
5
;
preferred
12-31 ■;•: 12-12
12-31
1- 2
$3
12-18
t$1.38
American Investors—•
9
12-12
12-12
1-20
Hat
12-16
6V4C
General Builders Supply
12-20
?./■ l--'2t
I 25c
General:
12-20C
v
General
-; ; / $4.56
9-20
12-
12-31
.
2nd
Hartman
12-17
34%c
;;
12-26
12-31
$1
$1.50,.
12-31
12-31
37 %C
preferred (quar.)*
5%%
preferred • (quar.)
6-20
10-
Lakes
Class
-5 %
1344;
12-27 s ": Gemmer. Manufacturing Co.—$3 participating preferred A
3-20-
-
10ft
—
Hartford Fire Insurance
.Extra-
3
$4
•
12-10
12-31
$1
/'■:;/'
Schaffner & Mar^__-_-_'_"_*i.____*____:i
Hartford Electrib Light Co
12-16
1-
(quar.)
12-18
12-14;
l- 2
1-15
$1
Hart
1-15
1-
$2.50
__2
40c
■
-
Power
Extra
1244
7-
•'
25c
50c
.
2-
-■:
62%c
,
12-12
u. %■
$1.50
& Co.—
New
common, (initial quar.)
8% %
preferred
(quar.)
(quar.), 4
Harding Carpets, Ltd. (increased s-a)_—__
120c
Harnlschfeger Corporation, common (quar.)
s
15c
6%
preferred (quar.)_;—. $1.25
5% -2nd- preferred (quar.)___
$1.25
Harris Manufacturing, class A
(quar.
8%c
Harrisburg Gas Co., 4%% pfd. (quar.)____
$1.12Va.
12-20
12-24
12% c
25c
$2.50 preferred
Extrav
098
12-20
$1
(B. F.)
Harbison-Walker
12- 2
15c
/
.
common (quar.)
(quar.)—,
Company, common
Extra
Hanover
12-28
25c
-'L_22——
Brothers,
preferred
Class A
I-15
140
56 ViC
(increased).
Class B (stock dividend payable in
1-15/
4-21
80C.
pfd.
12-18
4% %; preferred (quar.)
Hancock Oil of Calif.—
12-14
10c
__________
12-18
Preferential
12-31
■
75c
25C
(quar.)
12-17
12-21
Hammermill Paper
12-14
$50c
.New "AV2%'^ preferred (initial)
12-10V 1 Garloek vPacking Co. * (quar.
4-
25d-
-
Co.
12-16
>
12-14
(year-end)
12-20
,
1- 2
Class A (year-end)
Investors
12-31
2%C
(quar.)
Gabriel Company, 5% conv. pfd. (quar.)
Gannett Co* class B conv. pfd. (quar.)_—
*
-
1-10
1-
$15ft
—
12-14'
1-
Garfinkle (Julius)
1-
•
25C>
—
1-2
.
25c
$1.50
Fund
'25c
1-31
Fundamental
12-13*
•
.1-10:;
.
__
2%ft
12-17
1-2
$2.50
...
12-14
12-14
135c
(initial)
12-13*
1- 2
30c
,
1- 2
•l-:2'--;
/■ 147 :
.'Gardner. Denver; Co.
-
t6n & Howard Stock
12-15
-
55c
Industries
Class ' A
•
12-31
50C
—
12-14
1- 2
12 Vic
4%%
■
:
12-14
-X -1. '
1-31
Gatlneau
_
12-M
12-27
12 %o
/
12-11
,
12-10-
1- -2/
:
25©
(quar.)
12-27
;
$1:12%
(resumed)
"
37 %c
—
Funsteni (P. E.)
12-13
1-25
-
Washing Machine, Ltd. (s-a).
preferred (quar.)
Brewing' Co.
12-16
75c
——
12-10
:
12r20
28 Vic
(quar.)
Gardner Electric Light Co., common^....;
6% preferred (s-a) 2
25c
-,
5%
12-23
1-31
-
-
12-16
:
,
$1.75
>
2
i-
^
12-24
;/'-.:20c/: .: 1- 2
(quar.)"
(Mich.), com.
56%c
8
o.-l- 2
1
(B.), *Wira. Ltd,: (quar.)
$5o.
-1- 2 ,:-v 12- 2
Greenwich Water System, 6% pfd. (quar,)—
$1,50.
,
1- 2 it 12-11
Corp., common (year-end),—$1.50.
12-14
12-31
; 4%%
12-14
preferred/ (quar.)————r— $1.00%, : 12-31
Griesedieck-Western Brewery—
1
>:5%%? convertible preferred. (quar,).,**„—».■
84%o
8-1 /*"- 3-14
12-10
GrcrCord Rubber Co. /(quar.)
—
, 10ft-:
1- 2
Group Corp; (Los Ahg.) (accum.)
—i ($9-. ,12-23 / 12-16
Group No. 1 Oil Corp.—————
$59
12-27 & 12- 2
12- a
Group No. 2 Oil Cgip.—
10ft
12-27
Gruen-Watch Co. (quar..
30c*
1-1 v 12-13
12-18
Guantanamq Sugar Co., $5 pfd. (quar.)—
$1.25,
1- 2
12-11
Guaranty Trust, Co.i (N.; Y.) (qiiar.) —_——
$3
'1- 2
Guenther Publishing Co. (year-end)
.12-16
$10
1- 2
Gulf Oil/Corp.' (special)-,---——
12-10
•
50c
12-30
12-20
Gulf.'Power. Co,f $0,preferred (quar.),—.
$1.50 r.
1- 2
Guilford Realty Co.,, 6% preferred (quar.)
12-18
$1.50
12-28
Hahn Brass Co., Ltd., cpmmon (initial)—*
12-10
,
t30c,
1- 2
12-10
$1 participating preference (s-a)_%_—___
; $50c
w 1- 2;
Halifax Insurance l?ft. '(quar.)
12r10
;
140c
Is 2
Hall (W» F.) Printing (extra)
12-5
28ft
Is 0
Haloid./ Company
(year-end)'—___—_____
30ft
1- 2 , 12-10
Hamilton Manufacturing Co.—
*
••
12-20
40c
—
50c
1-
Greyhound
12-14-
1- 2
(quar,),—^-
12-23
$U2.ya
preferred (quar.)—.
Co., common.
(quar.).'
—1—
Brewing/(Indiana)
12-31
162 Vic
2%
Steel—
12-31
1- 2
_
40o,
.
12-16
-
1-15
l* 2
1- 2
1- 2
25c
■
(year-end)
Greening
11-30-*
75c
50c
12-27
25C
Steamship Lines—
:
12-16
12-27
50C
(quar.)
convertible
'
■
12-31
•
(quar.).".
Stainless
.
2
2
1-15
170
and no par value (quae.).
and no par value (quar.)—.......
preferred
2
1-
30 ft
t
12-30
$1.50
Fruit, of; the Loom, Inc., common (year-end)
Fuhrmann & Schmidt Brewing (special)
Fulton Service Corp., - common
(year-end)^
2
1'-
•
415c
Racing" Association, Inc.-^and no" par Value (initial quar.)...
par and no: par value (quar.)..—
ear-end
12-18
2
50C
common- (quar.)
2-
1- 2
1-25
$1.25
12-14
1-2
preferred r(quar.)$75c
Great Western Sugar Co., common——, '
'* 30c.
7% preferred (quar.)
$1.75
'
par
xtra
2
1-
Frontier
i
12-10"
stern
y
1-
1-
•l-:2
12-14
1-15
—
14c
12-15
,
1- 2
1- 2
* 50c
,
12-15
1- 1
1- 1
12-31
0%
12-20
37 %c
.
$1.75
-
12-21,
12-31
-■,
-
150
87V2c
Great, west Saddlery, 6%' 1st, pfd, (quar*)—
12-16
75c
12-21
$3
ficial
6
i- 1
60C
12-21
$1.50
(quar.)
12-17
•;:
12-31
$1.25
Great. Lakes Steamship- Co. (year-end)—,*Northern Iron Ore Properties Bene¬
12-10
12-27
Cos., Ltd; (quar.)______.
Froedtert Grain & Malting Co. com._„
$2.20 preferred (quar.)
:
12- 2
:
.
preferred (quar.)^
preferred (accum.)
B
12•
20c
_
1- 2
12-31
Great
12-20
.
1"
12-23
5%
/12-17
,/ 12-17
12-27
Great
12-13
40c
Fraser
5
12-10
12*24
75ft
-
—
fa % 'prior
lass
:i
2
12-
1- 2
,
,
1- 2
1-
—
.
12-12
$1.183/4
:■; / Extras
12- 2-
12-24
:
dividend)
oht (E. I.) de Nemours & Co.—.
4.50 preferred (quar.)
val Texas Sulphur Co. (year-end)_:
tern Gas" & Fuel. Associates—
sy
12-16
a
12-27/
$1,25
Frankenmuth
•
12-1$
ash dividend
1 .preferred
; '
2
12-
International
nlop Tire.:& Rubber Goods -Co,, Ltd.<w
% 1st preference (s-a)
tman
1-10'
2
1-
*
12-13
1-2
1- a
25c
-.25c';-,
$1.06Vi
.
1-2 ;/ 12-14
1-
12-31
9
,
20c
-
Fox De Luxe Brewing
■Extra
1- 2,
2- 1
1-15
'
4ya%: preferred (quar.).
Corp. (resumed)
■fear-end:'-:,..^——
2
12-23
50C
/
(quar.)__
(quar.)
class A preferred (quar.)
Extrk
.:
3
'
15C
ke Power Co.; 7%
tern
com.
12-23
1-25
60ft
(stock dividend)
Corp. (quar.)_,
:■< Fox- (Peter) < Brewing/ Coi,
1-3
1--2:;
....
Metals
/
12-28
t$1.75
ChemiOal,.: mmmhn. "
,a;,"'
preferred A (quar.)._.^...«-_..
w. Drug Co.-, 7%
preferred (quar.)
Z
aper Corporation (quar, )w——1....
yden Paper. Co. (initial)
tern
Co.,
12-17
1-2
I30c
Foundation
Fox* De Luxe
1-
.
2-1
;
125ft
4
par
Utilities
1
I- 2
-
$1.25.:■'/
(year-end).:
12-31 '
1-20
xtra!:
2
:
Co.
■-'•■Extra;:-
$$■1.25
W.
■
12-31
-1-31
425c
preferred: (quar.)>..l—
2 par
Sons
Foster-Wheeler Corp., common (resumed-)—
6% prior preferred (quar.)*.
-i_:
Co. of Canada
(quar.)^._^w____
-
12-27
2-1-47
-1250
ugla&t& Lamson '(^uar,)..—.^w
2
$6
(quan)
com.
,
12-17
(quar.)
4y2 % /convertible~preferred
12-10.
HOC
Textile COL, Ltd., com< (quar,)■
(quar.)
ugla8*.(W; L.) Shoe. Co:, $1.conv. prior pfd.
2
12-
12-24
■
Common
:
12-27'
425c
(s-a).
'Xquan)f:...:-^^i^uuiw-.:;
-
1-2
$$1.25 ,1 2WI-47
'130O
' 1-31;
•'preferred
%
12-31
•-;-$3-"
Foster & Kleiser,
4-15:
fe
m 125c
minion
nhill
Bank of N; Y.
40c
(quar.)
'
1
'
.
440c
—j——i——
Steele Coal,.Ltd., class B
minion Tar & Chemical, common
n
Hft^Avenue
12-27.
1-15
•
125c
.
,
(quar.)
Oilcloth
fctra *
chrnmun
12-
12-24
'
144c
1
prefeffed'-,(qua&).—.
Malting,
:
>
(quar.X-.
.1.............
mlntoh
1
12-12
40C
.,6%:Hprefefred (quhrJ)
Foresight Foundation, Inc.—
-/,>*i\X'
Non-cum. class A (year-end)
Formica^ Insulation *Co.
For5 Wayne Corrugated Paper Co.—
;
.
■
.
12-24
75c
137C.
':
—
jmfribn
12-23
12-31
62 %c
Foremost Dairies com;
: /
141
.
minion
12-12
150/
12-20*
$5 preferred (quar.)
$1.25
Goodyear Tire & Rubber Co, (Canada)—
/Common (quar.)
$$1
4% preferred - (quar,
———,
$50c
Gorton-Pew Fisheries, Ltd.
(year-end)—$1
•Grand- 8t Toy, Ltd. (quar,)——_Z——
$15c
Granite 'City Steel (resumed)—I,,.;——.
5c
Grant (W. T.) Company, common (quar.)—,
25c
3%% preferred (quar.)
"lV————
93%o
sGiftupner (Robelt R.)j' 0%/preferred (quar.)
"■ 15c
Gray Drug Stores . (quar.)
—
32 Vic
Grayson-Robinson Stores
(quar.) ———
25c
Great. American Insuiv Co. (N. Y.) (quar.),
v
30c
Great Lakes Paper, Ltd.—
"
$2 class A preference (accum.)
$$1.75
$2 class $ preference accumulated.———
$$1,75
Great Lakes Plating
(quar.10c
12-16
50c
P:'
(quar.)
12-
12-30
30c
/
12-24
12-23
12-27
30c
12-28
Goodrich
12-16
12-28
40c
*
75c
4%
12- «
2
12-11
Golden State Co.,
7-15
1-
1- 2
/
Goldblatt
10-15
1-2
12-31
12-11
$1.50.
.'
B
preferred
12-31
1
2- l.j
1- 2
—.
3-15
1
2-
9
25c
Gold
12-10
12-23
25c
Food Machinery
Forbes & Wallace, $3 class A (quar.)____
Foreign -Light
Power 6 % 1st pfd; <quan)
6-20
1- 2
25p.
127y2c
-
minion
-•
8-
35c
com.
2
11- I
$1.50
2_^______L_2/«2.___22_:_^'
Food Fair Stores
12^15
2-1
rafoioh
%.
7
20e.
-
/>''/ Class
:
.
minion
12-
1-
50c
4%%.: preferred (quar.)
Florsheim Shoe. Co. class A
>
12-26
1-'2i-
750;
—
*
17-
si
t$1.25
Mines, Ltd.
'■.v v.. *......
minguez Oil Fields (year-end)
*
7
50c
(initial)
:
.
;
(quar,)___
Theatres
minion
CO.
Tarrant; Mfg. Co. (quar.)
Florida "Public
:
8-15
1-25
8-25
12-14
12-
12-31
Class A (quar.),—• •. $li.1- 1
4%% preferred (quar.)
$l,12.ya.
1- 1
& Stock Telegraph (quar.)—
$1.50,
1- 2
12-14
2
2
.
1-15
$1
$1.50,
Corp. (quar.):
ie CUp Ch.,* $2.50w claSs A" (quar,)—'..
ehler-Jartds Corp.
L
flje
2
1-
12-16
2-10
$1.50
,
Godehaux Sugars, Inc., ftlass B
■
preferred (s-a)
S3. paftic. preferred (d-aLi——iL.——— '
sston '(Henry) & Sons (quag-).
%
1-25
$1
,
v.
par tic.
stillars
.
12-28
$1- '
$1
S3
1-
12*
12-24
$1.37%
Globe-Union, Inc. (year-end)—Z-
12-10
1-
12-16
12-24
15c
(quar.)-,.
com.
(quar.)
Globe Steel Tubes
12-16
2
35C
;ll-2^i I Fisher Brothers $5 pfd. (quar.)
Fittings, Ltd., Class A (initial)
■Flintkote Company, common (year-end)—
2 ft 9
Florence Stove Co.
12-14"
(quar.)
:
,
Class ;b '
1-
—
1-
Glorglo Frullf, Classi A (Increased).—i.^-
■"lr 2
50c
(quar.) *.-;
i.___
Pennsylvania (quar.)
$2
First National Bank of New Yotk (quar.)
$20;
First National Stores, Inc. (quar.);
62%o"
First York Corp., $2 preferred; (initial s-a)
$1
Common (initial) /-!
////: 25c
12-14
12-31
1-
12-31
60ft*
Fllene's '(Wm.)
I: Finance*Co. of
1-2,
•
12-31
1-15
85c
___
Special-—
12-20
12-31
40c
n—
Mitch" Co.-i—
12-20
12-26
1-15.
Additional ii
15c
amond
12-31
•
Rubber
Extra'' /
.12-16;
6 ;
1-
30c
."v/w,"
■
———
12-10
12-31
1- 2>'
s
1-
2-
$1
(resumed).
Glens Falls Insurance Go. (N. Y.) (quar.),,
Glidden Company, common (quar.)
4%% convertible preferred (quar.)—,,,,
Globe Wernicke, 7%. preferred (quar.)
Gobel (Adolf), Inc., new com, (initiai).i-—
1-15
Felt &
20 c
—
■■
1- 2
12-16
25c
Gladding McBean & Qo.
4-15
12-31
30c
'
12-10
30c
Fidelity Fund, Inc. (year-end)
■
/
2
$5
12-16
1-
1
12-16
20o
lr a
2-
12-16
*
12-21'
5- 1
1- 2
:
12-20.
2
12 %c
'
1- 3
.
Year-end
$1.25
quar.)_«.^
12-26
':•"
Raynolds Co., Inc., class A
1-
1-2
/
Georgia Power Co., $5 preferred (quar.)
$6 preferred (quar.)_:
2'.
Georgia RR. & Banking Co. (quar.)
Gilbert (A. ,C.), $3.50 preferred (quar.)
Gillette Safety Razor Co., common (qua,r,)_
12.-16
1- 8
$1.37%
Class
12-16
50c
(initial
Feltman 8s Curme Shoe Stores,
5%
preferred (quar.)
■
1-2
12-26
$1
75c
2-15
25c
'
12-20
50c
Inc.
12-14
100%
.
50c-
-Quarterly
Quarterly
Quarterly '/
12-23
V
(quar.)
$1.60
FederaL Bake Shops, Ino, (quar.)
Federal Chemical Co., 6% pfd. (quar.)1_
Federation Bank 8s Trust Co. <N; Y.)*{quar.)
12-20
3
,
1- 2
1
Faultless
.
1-
$2
12-16
6 L
1- 6
2-18
$1.50
—-—I,;—
preferred
1-
1
3-12
2-
4Vi% pf(l. (quar.)_
$1.06>/*
3%% preferred (quar.)
...93Vic
>''3Vi% conv. 2nd pfd.* (quar.)—
—81 Vic
Genesee- Brewing, ■ class' A,,,,.—,*,
,/.-;:i5o
12-12
I" 2
Corp.
12-13
12-10*
1
25c
$1.25
(year-end)
Instrument,
1-
12-16
2- 1..
,
General Tire & Rubber,
I.
/12-12
12-23
'
4-
1- 2
.
12-23
$2.50
75c
(s-a)
7
Time
Year-end
4%*%
7
12-
1- 2
12-23
_
12-
1-2
50c
(quar.)
(quar.)
$1.12 V2
12 % c
'
12-23
$1
$1.75
i:
.
(year-end)
$1.25
93%c
./;<;25c
1
Shareholdings Corp.—
General
-.
Co.
12-20
1- 2
12-24
(quar.)
Reinsurance Corp
General, Telephone
12-16
$2.50
12-10
10c
(qiuaii)i.ii.^^,'
12-16
56 Vic
.
12-15
25C
:
12-12
25c
common
Refractories
-
General
12-20
^
12-14
1-1S
12V2c
__
2
1-1
1- 1
Farmers & Traders Life Insurance,
Syracuse
-:<N» T,\ (quar.)^._^L_-_»-.^___^__——
12-16'
2
10c
one
.troit
&
1-
$1
12-31
$i:- '•"•1- 2-
___
splitl—
troit Hillsdale 6c South
Western RR.
vioe
4Va%o preferred
12-16
(quar.).
Tunhel Corp. (irreg.)
Mfg. (stock dividend—
&
1-
$1.50
-25c
Canada
for
7
12-30
5C
12-20
12-23
;•
25c
Family Finance Corp.,;
General
General
65c
12-14
•
6%
12-i6
lr 2
$2.75;
,
25q
preferred
(quar.).
Railway Signal Co.,
preferred (quar.)
1
12-28
12 %c
Equipment
General
12-10
12-31
62%ft' ;
■
$6
12-10
2
Holders
Payable of Rec.
$1.25
Public Service. Co., com.
(irreg.),
$4 convertible preferred (quar.)_
$5.50
preferred
(quar.)
•
1-
40c
(quar.)
8» Brass
I-
80C
Vf Quarterly
;
Supply of N. Y.( 7% pfd. (quar.)_
Dry Goods, 4%% preferred (quar.)_
troiti Aluminum
Special
12-17.
(quar.)___—___
12-16
9
12-23
mtist's
nver
12-17
12-28
1- 2
-
—_______
Fairmont Creamery Cq., com.
4% preferred (quar.)
12-
1- 2
*
convertible
12-28
Precision
When
Share
General
____.
12-23
:
...J
12-14*
12-14
3,2^0;
__
common
General
12-18
Per
•
,
——
Paint Corp., $1 pfd.
$1 conv. 2nd pfd. (quar.)
10c
.
'
•
preferred'(quar.)
12-10
5%
preferred1 (quar.)___
Ex-Cell-O Corporation
2
6%
12-20
$1.75
:
•'
General
12-16 :
12-23
$1.50
V:■■ '•
comm,on
•■•:-
1-15
2
30C
1-2
.
Tire
nman
1-
12-27
..Extra
12-26
<quar.)__
(extra)—
(s-a)_
v-/
lnc.,
■40c
_________
pfd.
laware
12-14
2
'.l':
-
(initial)—,
com.
Manufacturing Co.
Eversharpj
1- 2
60c
v"
IIII
-
6
1$5
$$2.50
:;>i
Canada________
(s-av
2-1
.
12-30,
;
_
Evans Products: Co. lquar.)__Everel Propeller, Co. (initial)
6
12-
12-12.
12-31
15c
Common
preference
12-
$8,/preferred"
1-15
$1.50
(quar:)___.
(quar.):
r
1-
25C
_
■•;:•
12-20
$3.25
(accum.)
preferred
1-2
$1;
:
$8.50
1
2-
2
1-
125c
_
a
1- 2
12-24
50c
&
cca
1-
I-
12-20,
1- 1
$7
$1.25
Extra
■
1-18
2-15
__________.
Frere, Ltd.; Class A (quar.)
vison Chemical
(quar.)
*
_
yton & Michigan RR., 8%
pfd. (quar.)_
jay - Stores (quar.)
L--'.—
Long Hook & Eye Co. (year-end)
f
12-31
87%c
_
12-17
1-15,
4Qc
_
•
6-18
12-17:
■
:
.»$1.12%'1
Publishing Co., prior pfd. (quar.)
$7 preferred (acftum.)
W. G. Cigar Corp.
(year-end)
vega Stores Corp.
(s-a)__
benture
1
2
It l
2-1
V
60ft
(quar.)
Power & Light, $7 pfd.
preferred' (accum.)
/•'
12-10,
75c
common_-___
preference,
2
'
______
•:,;/ Extra;
Elliot Gompany, 5%' preferred
(quar.)_
Elmlra "it Williamsport RR. Co.—
"7% preferred' •(s-ai_u__-^_i——
Emerson Drug Co., 8% preferred
(quar.)___
Empire: Steel "Corp.' (year-end)
i Empire Trust, Co. (N.
:,Y.): (quar.)^_2_L-.i_
Emporium Capwell Co.2___:
/
Engineers Public Service, $5 pfd. (quar.)
3-18
1-2
30c
rtis
""
(quar.)
common
(year-end)
Mfg. (year-end)
Extra '
12-18
7-
%
$1.25
______
2
1-
37%cv
■
"/toklnv' "PapHnff'*
Vid
&
$1.12%.
:___
Elizabeihtowii "W^terN (s-a)___-__-
12-18,
4« 1
<
$1.75.
(quar)_
12-17
1- 2
1-
$1.75
...
preferred
.
$1,75
preferred (quar.)
ban Atlantic
Sugar Co., common
5% preferred
(quar.)
4%%-
Co.
(quar.)_
Electric Storage Battery (year-end) ____•
$1
Electrical Prod(icts Consolidated (Seattle) —
v.:
Quarterly '___2
__•
20c
Extra
.*
_• ■:
20c
Electrical Produqts Corp. (quar.)
•v-/ 25c
Electro. Refractories &
Alloys Corp. (quar.)_
17 %c
Extra.'
$1
Elgin National .Wa^cH ;(quar.)
15c
12-17
12-31
25c
7%
neo-
12-31
'
"
•
40c
"
(quar.) _____*
(qUar.)/
preferred
12-
'
Company
Industries, 5%
preferred (quar.)__
General Instrument Corp.
(quar.)_
*.•_,
General Machinery Corp. (quar.)___
General Mills, Inc. 5%
preferred (quar.)__
General Motors, $3.75 pfd. (initial
quar.),v
$5, preferred (quar.)
General Outdoor Advertising Co., common—
12-'2
2
.
'3-14 :
i
30.C
•
.
Special
/-^. Vu
ban-American Sugaft Co., eommon_*__w*_
preferred
2
12-17
3-31
30c
7%
.
prior
$6
2
1-
-f-.-
~I~~I
/i*___
:
v
12-17
12-31
2
..
J
1-
Natural Gas Co.,
Auto-Lite
„
Name of
General
11-29
1-
ioc
—■
'
"
Electric
12-14 ;
12-24
'
■
6,
75c
:
preferred-(quar.)
$1.06%
(increased quar.).'2
30c
(quar.)
;i'- $1.12%
Electric Ferries, Inc.,
;
-
/; '55c
50c
*"
^
Special
B
"
12-10
1-
Paso
12-
$1
:
-common
Electric Controller
Holders
12-24
participating
Electric
/
35c
2% ■■ preferred
(quai.)
um & Forster
Insurance Shares—
Common
El
2
12- 2
(year-jend)___
3331
Payable 0/ Rec.
24c
30c
:
common
(s-a) .I™.
Ltd.-2
2
Prouucts,
6%
Publishing (quar.)..
preferred
:
12-
12-21
2
?>>.
preferred
4%% preferred
El Paso Electric, $4.50 pfd.
4, ;•
$1.50
•
..,
rown-Zellerbach Corp.
quar.)
um-& Forster, common
(quar.)_
•Special
iU
8%
12-23
1-
4%%,
Ekco
:
When
Share
,
'
Corp,,
Edison Brothers Stores-—'.
-
12-
Corp.,
Ecuadorian
,
12-12
12-23
40c
/
^
2
12-23
25C
(quar.
:__L_
12-23
75c
(quar.)
Extra
12-16
12-20
1-
si
rompton & Knowles Loom Works—
6%
preferred
oWell-Collier
lr 2
tioc
i
12-16
1
■'W2J'
25c
>
America
1-
prior
•
,
Fund
:__Z_
Paper
6%
;,
12-31
..
.
Ba,lanced
Year-end
Eaton
12-20 ;
2
12-3 T
$3
;
Wheat Corp.
reameries
1-15
;N«me ofXompany. :r
;•
Eaton & Howard
ttrm
£
'..-v.
.
of
2
)!■ 1-
$1.50
T2%c'
87 %c.
^td.
Shipbuilding Co. (irreg.)
Company, common (quar.)___'
amp
1-
$1.81%
,
pfd. A__
conv.
Per
v
Rec.'
1
~~~
Co. .* (Irreg.)
& Reynolds
Holders
Payable 0)
5oc
;
;/••/_•:
••
3 Va %'
When
Corp.,
Hibbard
Spencer- Bartlett
Monthly
*
Monthly
Hinde 8s Dauch
Hir.de
85
Dauch
Quarterly
Hlnes
Paper
______
(quar.)
Co. of
12-20
$1
1- 2
12-
7
$1.75
1- 2
1- 2
12-26
12-27
12-
7
;, •
:
.
•>
50c
10c
50c
15c.
50c
12-15
12-16
12-17
12-17
12-27
.
1-31
1- 3
1-21
"•'
12- 6
Canada, Ltd.—
(quar.)
-s
12-20
12-20
1- 2
11-30
25c
1-15
12-27
25c
:■ 1-15
12-27
$25c
Lumber
12-20
1- 2
15c
_:
(Edward)
Extra
Paper Co.
(year-end)—_—
12-14
$1.37%
(extra)—.
Corp.——-—_
12-13
>12-14
.7.,
•...
..
'Name of Company
'
'
When
Per
•••.•••.-•;•</
.
-
Radio
Corp
Furnace
Holland
v*
12-20
■
12-
*12-31
(extra)
-
—-—
Hollingsworth & Whitney Co.—
$4
preferred (quar.).
—
—
Holmes (D. H.) Co.; Ltd. (quar.).--;——-
.
'
Extra
Holt Renfrew
Home
-•
Title
(quar.)—*
Co.
Products
Honeymead
&
Increased
quarterly
•
(quar.)
preferred
Hotidaille-Hershey Corp.—
Household
Corp.,
Finance
;
Electric
Fibre
Hummel-Ross
1
-Extra
i»
:
6%
Motors
(quar.)
Corp.,
1-
preferred (quar.)
Humphreys
Co.,
Mig.
(quar.)Ltd., class A (interim)—
6%
preferred
Bell
Illinois
Telephone
guaranteed
4%
■
(s-a)
ou*i*xcicial
Illinois
$4.75
(Wis.)
Co.
Telephone
(quar.)
p/eferred
■
12-14
12-31
1-2
(extra)
Investors,
12-9
1-15
1- 2
12-17
$1.25
12-12
12-31
11-30
Leath
7
1-2
12-
9
12-
9
12-23
12-13
Liberty Loan Corp.,
12-27
12-
•;,
9
1-15
12-31* 77
1-15
12-31*
1- 2
10c
12-24
12-17
12-30
12-20
1-**—-i'.y7$1
25c
12-23
*• 1- 2
c
30c
1-
7
65c
1-15
Investors,
Interchemical
.-
.Year-end
_*•*
International,
Extra!.
Products
Cellucottcn
—
7
(quar.)
7
-
International Harvester Co., common (quar.)
International Metal Industries, Ltd.-—
•
Common
4Ya%
A
Common
& Chemical
12-14
12-14
12-16
git. 2
.r.-"1
Corp.—
preferred ($5 par) (quar.)
" $8%c
Commoh (quarl')>.i_L—_*-_j'—^*—- $40c-'
2-. 1
preferred
:>. 7%
Co.-
of
Ganada,.
(quar.)-———
;;
International Ocean
International
;
Telegraph
Paper Co., com.
Year-end '
Co. (quar.):(incr. quar.)_
_!•
::\.'.75c
preferred (quar.).**—„—
Paints, 5% pfd. (accum.)—_
International Power Co., Ltd.—
•
\
6% ISt preferred :(s-a)
L-——i'
Silver, 7% preferred (quar.) _
Bakeries, $5 pfd. (accum.)
—
:
5%
Company,
Interstate
Department
Investment
of America
Corp.
6%
Foundation,
convertible
Investors
Island
12-31
12-14
50c
1-15
12-26
: 25c
(interim)-
Corp
Public
5%
12-16
12-24
12-12
5%
preferred
series
D
A
Class
(year-end)
12-11
$$1.75
';,. i-2
-
Co.,
$1.50
$1.50
;
—*'
Laughlin Steel,
*
(quar.).
(quar.)
5%
convertible preferred A
(quar.)
Joplin Water Works, 6% pfd. (quar.)
Journal Publ. Co. of Ottawa, Ltd. (quar.)
&
/Jones
W.
Bittery
Kahn's
Kansas
common
(quar.)
(E.) Sons,
preferred
;
common
preferred B
&
(year-er.d)
11-
2
12-
2
com.
(quar.)
City
Public
preferred
,
7
common
.
(s-a)
Common
Natural
•
1
Kawneer
$1
$1.25
Kearney (James R.)
preferred
(George)
(extra)
12-3
(s-a)
Co.,
$5
12-21
Mission
2
12-16
12-31
.
12-10
:
12-16
7
1-
12-28
>
.1-25
—*r*—*
12-16
12-31
j
12-21
f:
Oil
12-14
,12- 6
Montreal
.12-26
)12-16
Montreal
12-20
tlOc
10c
—
12-20
12-26
1- 2
1212-
,77;
5
9
25c!
40c
12-14
Mahoning Coal RR. Co., common
——
—
•
(year-end)
—
76
Mansfield Tire & Rubber—
$1.20
convertible preferred
(quar.) _*
-
*
Manufacturers Life Insurance Co. (Toronto)—
Semi-annually
—
12-
Manufacturers
1-
4
2 '7
-
2-
Marchant
Marion
12-20 ,7
4
1-
1
12-
1
1
7'.'
12-14
1-
7%
Y.
N.
Machine
(quar.)
—
4
•
;
Midland
/
12-14 7
Common
Corp.
preferred
1- 2
1-2
5c
—
1-2
-7,*7
(quar.)
1-
12-14
Marlin-Rockwell
(quar.)—
$1.12Vz
—' 30c
1-
2
12-27
12-14
12-
9
C
(M.)
Marshall
4Va%
&
Field
Corp.
Sons
&
common
preferred
Co.,
12-14
Maryland
Corp. _*„
Drydock, 4%%
12-16
Marven's,
*
Ltd.,
1-
12-16
Mascot
Co.
50c
$1.06%
(quaf.),—
...
Martin-Parry
Oil
.
5%
-
Lj-iuju -CUi.*—
preferred Hquar.)
preferred
(year-end)
(quar.)
15c
$1.12V2
$$1.25
2c
^
.
/
1-31
12-31
'
12-16
12-16
1-
12-16
2"
1-15
12-23
12-27
12-13
11-29
12-27.
2
12-19
1- 2
12-20
1-
12-21
71■
2
l-r2
12-14
1- 2
711-39
&U-VK->11-30
1-
1st
(initial)
preferred—
1-
7%
1%
...
Drop
>'V,.'iv'.l'V,7
■
yiytfft
12-16
1-15
?12-16
*1-15
;12-16
2
12-16
12-14
4
12-14
12-26
2
11-29
1-
11-
11-29
1-
11-29
1-
11-29
71-
12-16
1-
12-16
A«. ••'s
12-23
12-13
12-23
12-13
1-2
12-21
12-30
12-18
p_,
2-
1
Company
;
Muskogee
:
12-20
12-20
12-14
12-14
1-15
,
—_
iyear-end) _—*
Company
Corp;,
Nachman
new
common
12-19
Nathan-Straus-Duparquet. Inc., com.
6%
convertible preferred (quar.)
1-6
1-2
1-2
12-20
12-26
12-18
12-15
12-16
Nation-Wide Securities Co.,
Voting
trust
National Alfalfa
Common
——-
,.(quar.)
Inc.—
8-15
12-13
7 2- 1
5-15
1-20
2
12-21
1-
2
12-12
71-
1-
»o
Vr*
2
12-20
12-26
12-14
12-26
12-14
12-31
12-20
12-19
1-15
*
12-31
1-15
F
12-31
2
12-16
1-
iac
i*'*0
4
12-21
12-27
12-5
12-14
.37 AC
37/ac
1-1
1-2
12-14
,
12-24
12-16
(year-end)——
40c
-
(initial)
1
12-28
Dehydrating & Milling Co.—
certificates
1
12-27
500
——
(initial).—.<
1
9-
Co.
Nash-Kelvlnator Corp.
2-15
36-
1UC
f ;;7
of America— ;7 .*
6%
preferred (quar.)—
———7
Mutual. System, Inc., common (resumed)
6%
preferred (quar.)
i
—
Myers (F. E.) & Bros
Mutual. Chemical
12-20
12-20
Muter
*;
12-15
K
C,.
————
1-8
12-24
•
12-13
6
12-14
1-15
(quar.)—77 62%c
common—z .
l»c
A (quar.)—
06 AC
$2.25
7
12-16
1- 4
preferred series
Morrison Cafeterias Cons.—
;7i' . .
12-20 77
12-16
7%
preferred
(quar.)
—
——7%
Mount Royal Hotel Co.-—
*-*——
7 +«&6
12-16
Mullins Manufacturing Corp.—
'
•
.
11-12
$7
preferred
(quar.)..
7 *}''j?
$7 preferred
(quar.)——
—
12-15
7
$7 preferred (quar.)
—. .
12-23 7# Mueller Brass Co.-r—
^ ' J"®.
Munislng Paper Co., 5% 1st pfd. (quar.)—
25c
12-10
12-31
Murphy IG. C.) Co., 4%% pfd. (quar.)
12-15
Murphy Paint, Ltd.
(quar.)—*
... 7, J2uc
12-11
Murray Corp. of America— 7':;;:7^7,•.
4%
preferred (quar.)
12-13
12-23
<12-
1- 4
15c
$0.59375
; 2oa
•• 0* */?*» •*
^
.
2
11-30
$2.50 convertible preferred
Morris Plan Corp. of America,
•
2
712-14
12-
!!,'»=
7 T$i.75
43/4%
:
■:
17.2
1-
"v
Forging, common (quar.)
convertible preferred (quar.)
—
Moore-McCormack Lines, common (quar.)*
'
1-
12-29
2
12-30
^faC
——
—
preferred A (quar.)
preferred B (quar.)
i
-
1- 2
$48c
$55 /2c
Telegraph Co. ,(quar.) —
—...
Corporation, Ltd., common (quar.)^.
12-14
i
•1-15
+3«®
J®
77*
11-39
17;
$25c
$20c
7
12-18
1- 9'*r
;
Works. Ltd. (quar.)—
Refrigeration & Storage—
12-20
1-20-
71-
-~7' *x-75
2nd preferred
12-20
71-:,2'"
■
v
>
Consoli-
12-14
12-24
{
Locomotive
gx^ra
1-15
1-15
1- 1
1- 1
1- 2
1- 2
——
12-24
1-1
;
$1.50
$1.50
(quar.)
2
2
.
$20c
tl7%d'-:
20c
+
25c
$1
40c
common.~.(year*end)
l-> 2
1-
•
*
(year-end)
(quar.)
Co.,
common
preferred/(quar.
Marshall-Wells
6%
1
(Los Angeles),
A
(quar.)_
Market Basket
$1 preferred
.
1-15
12-30
$1.75
i</ 15c
L
(quar.)
12-31
12-16
1- 2
.
—
Moore
7
12-10
Telephone & Telegraph, Ltd.—;"4'777v6.'7: /v
1-15
2
60c
37V2C
(quar.)——
(quar.)—
—
Maritime
7 %
■
1- 2
50c
preferred
Extra
4
1-
of
1- 2
30c
$$6
L.
Water,
Marine
12-20
Co.
Calculating
Extra
9
12-
Trust
1
t
—
12-18
12-31
12-31
1- 2
—
1-18 77
12- 4
1- 1
,
(interim)
Mines
Red Lake Gold
Mad sen
7;
Heat & Power Co.,
Extra
*
7
12-20
12-31
12-30
;
Moore
*
7
:
1- 3
12-16
..$$1.20/ 7.1" 2
—..
,
9
12-18
.
'
%-2
^/.tlSo
J$1J57
Montreal
.
12-20
1- 2
77
12-14
12-16
75c
5%
7
Light
Common
7%
12-16
1- 1
2
$1.25
50c
:7
12-16
12-14
1
2
,
;.7
12-20
'
Drilling*-*-—
&
Co.—
dated
1- 2
1-2
(s-a).—
(quar.)_„—
A
12-31
6
12-
.1-15
;H.l- 2,7
*.*.**.—,v7V$l.
'Extra
'
12-23
1-
V
-
Montreal
12-26
12-14
1- 27
.
.
12-31
12-14
75c
:
preferred (quar.)..
—.
$1.75
Auto Equipment, 5% pfd. (quar.)..
62y2C
Chemical, $3.50 preferred (quar.)'..
87%©^
Monsanto Chemical.Co. (year-end)
.1. ,7 25c,
Montana-Dakota Utilities,
common
^ 7
15c
7
5%
preferred (quar.)
*
Montgomery* Ward & Co., com*,(quar.)—— .
5uc :
1-2.
$1.75
$1.75
——.
12-14
1 !
1-
12-23
'Mom-oe
12-31
1-
12-14
12-23
Monroe
12-16
Class
7
12-23 7
(year-end).,—. «$50c/
Life Assurance
12-16
■
12-10
;71- 2
7%.
-
1-15
■
Ltd.
Monongahela Valley Water
1-17
12-14
12-30
:
12-31
1-147 7. 1- 4
Power
Brewery,
Molsons
t
1-15,v
7 31V4C
—*** —
12-29
.
1-15
$1.25
7
(quar.)
& Sons, 4Va%
12-18
7
1
2-
Co., $6 pfd. (quar.)
$1.50
Mississippi Shipping Co. (initial)—
■/'? Missouri Power & Light, 3.90% pfd. (quar.) ?7 97VaC
I Mobile & Birmingham RR. 4%r.pfd*
„), r $2
Modern Containers Ltd., class A (initial)*** *
$25o
77 Mohawk Liqueur Corp. lyear-end)— **;—
12-17 >77 Monarch
.
2 7
1-15
,
■%: Monarch Knitting Co., Ltd., com. (irregO—
12-12
5%
preference
(quar.)—.——
t
12-13
1- 3
1-
--h 50c
(year-end).—.....i/
12-12
12-26
.
12-21
12-12*
7
20c
Oil.Co—f*
Mississippi
12-18
1-
prior pfd. (quar.)__ $2 junior prior preferred (quar.)*
:
Mission corporation
1-
5
12-27
20c
25c
.
preferred (s-a).
—*——*
Minneapolis-Honeywell Regulator Co. (extra)
7
.
12-
2
12-27
15c
20c
>.
5%
12-13
1- 3
,
Stores)
'
1-2-47
$2
1-
.
—
—
777/ / ^xtraT1
12-21
12-30
1- 2
12-31
20c
Corp.—
Milliron's
t
12-10
(quar.) ———
— 7>56%c7
(D.
J.)
(Formerly Fifth Street . .... common (increased)—_ 20c '
1-15
$4c
$1.25
.
2-24
$6.25
5%
preferred
(s-a)r : $1.25
Mandel Brothers, Inc.
(year-end)
$1
Manhattan Financial Corp., class A (s-a)—
25c
!••/."/'
Class B
_.-_«.*«» /!v:7f7
5c
«
Manhattan Shirt Co.
(extra)—
50c
1-
,
common.
Co.,
12-31
$$1.75
,
Increased'
Marsh
(quar.)
Company
!
fe-'
12-16
12-30
preferred
4%%
■
30c
.
Macwhyte Company (extra)—•"
Macy (R, H.) St Co.——*—*—
-
Gas—
Drug Co., $4.50 preferred
Miller-Wohl
V'
30c
$1.75
•
(increased)
preferred
Miller
7
11-26
1-2
.
(quar.)—60c
Manufacturing, class A, (quar.)
7
2-
3-10-47 2- •24-4T>
75c
$1
.
,
(quar.)
(M.)
Mackinnie
'
12-16
1- 6
60c
12-14
3-10
$1
5uc
$1.50 participating preferred—*-———
MacMiilan (H. R.) Export Co., Ltd.—
-7
3
12- 3
,
f
12-10
;
1
1
l'"{
12-31
y>-V,WV
12-30
12-28
25c
62 %c
15c
Asociated Telephone—
;'7
7 2? 1
3-
3-
.
12-13
$1.50
Kansas City Southern Ry., 4% non-cum. pfd.
Kansas Electric Power, 5% preferred (quar.)
Kansas-Nebraska
i
:
■
12- 3
62V2C 'rt 1-2
$1.37Vi
(quar.)—
;
Seivice,
50c
25c
'
Kansas
2-15
12-31
s
p
Light,
12-7
4- 1
Gas. &
preferred
■
(quar.)—,
City Power
12-16
12- 3
1-2
$2.50
$1.50 .•••• 1-2'
1- 2
$1.75
12-26
$1
2- 1
$1.06y4
1- 6
50c
$1.25 ^"1- 2
1-15
$1.50
1-15
$17c
2-15
5c
1- 2
25c
preferred A (s-a)
preferred
4'/4%
•
:
,,
1st preferred (quar.)—
Jeannette
Glass, 7%
preferred (quar.)
Jefferson
Electric
(year-end)
Te«
12-24
MacFadden Publications, Inc.—
1-2
$1.25
6%
Jew-el
12-13
>
,
$2 non-cum. preferred-.-.———*—,
8% preferred (quar.) ——■—^.***_—/
$*
Midvale Company —
:, ; 50c-:
Midwest Rubber Reclaiming, $4 pfd. (quar.) . ..56Vic.
77
12-13
12-27
r;i-2.'
(quar.)_!
—
Telephone, 5%
6
12-31
xl3A%
xlVz%
—.
(year-end)
B
Jamestown
V
12-
(quar.)-—
Supply, $5 pfd.
James River Bridge System—
Class
:
1
12-27
$2.50
50c
(monthly)
(George) & Sons—
7%
1st preferred (quar.)—
1% 2nd preferred (quar.)
12-31
(quar.)—
(quar.)—
1-
Mabbett
25c
ppp 50c
(quar.)_
:v: $17c
;
—
Jamaica Water
6%
1-15
80c
12-23
Service, Ltd., com.
A (quar.)———;
preferred series B
preferred series C
Keith
12-16
12-17
7%
Katz
1-15
>
2
Mfg.
1- 2
"7 2- I
pfd. (quar.)$1.06
Lowney»(Walter M.); Co. (quar.) -—
7 $12 %c
Lykens Valley RR. & Coal (s-a)
7 *
40c
Lynchburg 8s Abingdon Telephone (s-a)
$3
Lynn Gas & Electric Co. (quar.)
—
$1.25
Lyons Magnus, Inc., class B (initial)
20c
Special stock
(initial)—
40c
Lytton's (Henry C.) & Co. (year-end)
45c
12-12
$75c
,
(year-end)—
1- 2
12- 9/
1-15
2- 1
preferred
6%
12-30
1- 2
75c
Corp."
preferred
$2.40
12- 9y
1-20
(quar.)..*—$1.50
12-21
MirMear •^'»mDer corp. (resumed)
10c
12-21
Mid-Continent Petroleum com,
(special)—
25c,
712-21. >77 $1 prior'preferred
, 7
$*
1-21
Middle
West Corp.—.——
25c :
7 Midland Steel Products, common——/.—,
50c
{12-10
1-2
50c
.
J
«
12-26
..
12-29
12-13^
25c
Company
Machine
Michigan
/
12-21
5%
_•
.
(quar.)—i—-—*—-*—.
preferred
5%
12-12
12-23
1-
Corp.
11-30
.1- 2"
7
(quar.)-7***^-*-*^wi*4r*-*44**- >zv37%©
(quar.)
25c
Electric (Ky.), .common—j.
37Vic
B
Lowenstein
9
preferred
$5
12-23
$2
$35c
'
(quar.):
7%
5%
$5
.
.
12-
Jamaica
$6
12-12
2
Jacobs
5%
l
1-
Gas
1-2
12-16
761- 2
7
1-2
•
;
Jacksonville
K.
l-
3
1-
II-27
1-15
•
12-14
—
1-15; 7:
12-23
Co.
Firebox
Class. A
Class
9
—
12-16
.
Louisville
12-
Y.)
1- 1
,
—.
12-29
12-30
Metropolitan Edison, 3.90% preferred (quar.)
97V2C
Metropolitan Paving Brick (initial)
50c
Miami Copper Co. (extra)
—75c
Mica Co. of Canada, Ltd. (initial)..
$5c
Mickelberry's Food Products Co.—
' :
^
12-14
1-1
2
(N.
Metal Forming
12-16
12-16
—.
.7: 10c ,/ri-: .2 7
v
12-28
1-15
(year-end)-,*'-——
50c
6 12-31 • 12-13
Inc. .(quar.)—
—47 37Vic
12-10
(Marcus) Theatres, Ltd., com. ((juar.)
$$1 612-31 '
12-10
■'
'■■■■& ■ 20c
Creek Coal Co., $6 preferred (quar.)- /'
$1.50
Mountain Mines Co.,
Ltd.——*— fp':', $2c
Island
.r
12-12
1-
Extra
.
12- €
1-14
15c
Irving Trust Co.
V."
12-28
;12-16 '
(quar.)
(year-end)
Fund
12- 6
Tv"/$1.25
(quar.)_,
common
preferred
Management
12-6
12-31
_-
Investment
12-14
/
12-28
12-28
Stores——
Special
12-16
1-20
Candy Corp.
7 15c.
•: 12-23
Loomis-Sayles Mutual Fund (year-end)
$10.40
12-23 ;
Loomi3-Sayles Second Fund (year-end)$3
Lord & Taylor, common (quar.)
_
$2 7; 1- 2
:W,.2- I ?
6% 2nd preferred (quar.)
—
$2
iar-28
Los Angeles Transit Lines
—
12V2C
Louisville Gas & Electric (Dela.)—
35c
(quar.)—-;
1-20
Si-
j-
Loft
;*:,$1.25
common
prior1 preferred
Mesta
12Vic
$1.75
(quar.)_
,—*
—
preferred
<7-7%
12-2
12-28
$$1.50
• ! 45c
433/4C
International
Interstate
Loew's
1-2
•
*
2
■
»
,,1
■
.
Interstate
12-21
•
(quar.).—
Pipe Co., common
Locomotive
/
U Loew's,
■
Shoe ; (quar.)
International
1-
;
i
,$1\
$2.50
$4
International
12-13
12-31
$1.50
75c
* ?
-
.
'•>*
•
.
preferred (quar.) -——————-*Locke Steel Chain Co. (quar.)
12-13."
:
1-
7%
;
:
r
(increased quar.)
com.
8%-
.77.Extra
12-30
50c
(quar.)
Nickel
12-21
12-31
$2
37Vic
$2
$40c
20c
(stock dividend)
Corp. of Texas, $5 pfd. (s-a)-
Semi-annually
12- 9
■■■: '■
$1
•Ltd;-r»;-.'V',r-^'- >;:
$$1.75
International
12-31
$3.50
12-18
12-28
87%o
$25c
12-21
1-15
37Vic
prior pfd.
1-31
1-2
12-30
25c
$1
.
12-19 ;
12-19
12-,9
12-31
,50c
•
(quar.)
..———
12-21
Lipe-Rollway Corp., $1 conv. pfd. (quar.)_
Uttle Miami RR..Co.—
Original capital
Special guaranteed (quar.)
—
Little Schuylkill Navigation RR. & Coal Co.—
-v
Extra
12-31
Co.
Go.
Quarterly ———.7
Merck & Company, common
25c
7' - $2
Extra-!—*—-—.—
.12-16
2
1- 2
$$1.12Vic
-i*__—i.
preferred
Link-Belt
1-15
12-30"
4%
12-10
;
Linen Service
1-15
12-31
12-31
—
12-27
12-30
12-10
1-15
—;
Material
Line
preferred (s-a)
pfd. (quar.)—..
Merchants Acceptance,
class A—
Merchants Bank of N. Y. (quar.)—
.....
% 1- 2
$4-
—
Year-end
12-14
,
1-15
$40c
Minerals
-w—*
12-28
'
v
,
convertible
5%
12-21
*
Lock Joint
(quar.)
preferred (quar.)_
International
v
12-18
o
> i
—
*
Mercantile Stores Co., 7%
12-13
62 %c
50c preferred
(quar.)
—
Liggett & Myers Tobacco, 7% pfd.
Lima Locomotive Works—*—
Inc. (resumed)—.
35c
Corp/ (year-end)
i
40c
Inter-City Baking Co., Ltd. (quar.)——
$75c
Intercontinental Rubber Co.- (year-end)
•
25c
Interlake Steamship Co.
(year-end)
60c
International Bronze Powders, Ltd., com.
* ;-v5 t20c
6%
participating preferred (quar.)
$37V2C
International Button-Hole Sewing Machine—
Interbnnc
,
Class
Class
12-18
1-2
1- 2
12-28
:
5c
A.
——
—
25c '4
B*-**-*-4-*—25c
Extra
'
77 2 Vic
.
12-14
$30c
25o
'
45c
$1.25
$1.75
15c
6O0
Extra
.*—i-*—*.***.—;.—
-w.—10c
Merchants & Miners Transportation Co.—
Extra
-
..$3
(quar.)_„
Corp. (quar.) —.—
Lerner Stores,
Corp. (increased) ~
Lexington Union Station Co., 4% pfd. (s-a)
Levy Brothers, Ltd. (interim)
11-30
12-14
1-2
(
60c
Wilkes-Barre
12-27
$3
it*.--.
Corp.,
Realty
Lehigh &
12-17
1-2
yiu.
preferred "A—
6%
preferred (quar.)———..
Mercury Mills, Ltd.
(quar.)
Meredith Publishing Co. (year-end)
Mergenthaler Linotype Co. (year-end)..
Merrimac Hat Corp (extra)...—...
—
(quar.)
preferred
Lefcourt
Certificates, Inc. (Md.) (s-a)
'
■
12-17
2
>
(quar.)—*
Co., common
Special
2
1-
5%
Megowen-Educator Food, class A (accum.).
Melchers Distillers, Ltd.—
6%
participating preferred (s-a)..
—.
Mengel Company, common (increased quar.)
12-20
1-
i*
—
Portland Cement,
Medusa
v
12-23
r
(quar
Co.,'common
Meadville
12-30
'*
v
preferred
60c
*
—
&
$2.50
12-31
x
preferred " (s-a)
Telephone Co.,
4 %
12-23
1
500
50c
preferred:, (s-a)
—
Extra
Jii-—■
1-2
1
12-29
(quar.)
Extra
12-10
1-15
$25c
7
—
6%
1- 2
t50c
$$1.25
*
:
12^12
2-
7;
(Richmond Va.)—
Title Insurance
(s-a)
Extra
$1
,
.
&
Common
1- 2
*
Extra
$2.50 preferred (quar.)
Clark (quar.)
1__
Sessions,
(John A.) & Sons, Ltd.(quar.)
Lawyers
1-15
Inc.
-
Insuranceshares
Frary
s
..**._.7-.***/--i-7'
-
12-14
2
12-19
11-
Extra
4%%
12-23
,
$1 (year-end)
—
40c
Inspiration Consolidated Copper
1
25c
Insurance Co. of North America (s-a)—1-,
$1.25
"Extra
_1_■— *_*/_..7,*" 50c '
Common
•
Inland
12-11
1-
12-18
2-28
Robbins, Inc.
Mead Johnson &
1-15
Langendorf United Bakeries, Inc.—$2 class A (quar.)———
—
Class B
(increased)
—*——-
11-12
12-30
12-18 :
12-18
class B
Co.,
preferred
Common
I-15
12-10
.
t
&
Landers
12-15
12-24
'
12-13
12-23
5Qc
$$1.50
f
$500
62V2C
37 Vic
•
*——
(Ont.) (s-a)
Co.
Extra "
12-11
12-31
:12-19*
(extra)
Mines
&
G.)
(Arthur
t
McQuay-Norris
-
1- 4
50c
'
12-16
1- 2
,
.>77 $4
12-16
12-20
Ltd.—
Co.,
Paper
&
Loan & Investment
Lambton
■
40c
7
" 7
$1.03Va
35c
-
.
1-
5c
<
—7.——
Extra
12-20
-
McKesson &
$50o
^ $1
$2V2C
*—*
Power
John
Lamson
.
2
12-20
12-16
Light
Gas
St.
Lang
Imperial Tobacco of Canada, Ltd. (interim)
Incorporated Investors (year-end)
Independent Pneumatic Tool—*
Indiana & Michigan Electric—
;
4Vi%
preferred
(quar.)
>
Indianapolis Power & Light, com. (increased)
<7:7 .-Extra v; — z77--7z7-*7.-i*z**'^
4%
preferred '(quar.)———Iudianapolis Water Co.—
5% preferred A (quar.) —
Industrial Acceptance Corp., Ltd.—
$2 non-cumulative, class A (year-end)
5%
convertible preferred (quar.)
Ingersoll-Rand, 6% preferred (s-a)——
McKee
12-14
$1.18% :
$10c
$1.50,
-
*
Mclntyre
1
—
7
———
40c
$1
$1.40
$1.12%
Porcupine
12-14
12-20
1.
$2
12-31
*
2
1-
.
Quarterly ...
.———*———-—7/-7~ Extra •"
Lamaque Gold Mines (interim)
Lambert Company (quar.)
-
■
12-20
12-23
•
12-14
(s-a)
12-13
12- 2
12-24
2-13
12-31
.12-16
—
Ltd., pfd.
12-27
2
12-
^
•
12-30
'
(quaf.)
McBrine* (L. M.)' Co.,
12-12
-
Lake
&
H.)
;
12-23
12-20
;
1
(S.
7.
preferred (quar.)
6% 1st preferred
Company,
Common
12-23
12-31
12-20 /
,>:12-16 £
3-
preferred
(quar.) 71.
Zinc
Hegeler-
&
McColl-Frontenac Oil, 4% pfd. (quar.)
McCord Corporation, $2.§0 pfd.
(quar.)—.
McCrory Stores Corp., common (quar.)—
Extra
1—
$3.50 convertible preferred (quar.)
McGraw Electric Co.
(extra)—
1-15
12-31
——.—————
y
12-16
12-10
■
7
12-23
10c
common——
McBee
12-16
1-15
12-16
40c
$1.50
**77
——
(Leased Lines)—
Illinois Central RR. Co.
9
.
12-24
$1.29
(increased)————
Ceme.it Co.
11-15
2-
convertible
5%
v
12-12
Laclede
1-10
12-31
$1.50
(quar.)
.preferred
5%
12-19
11-15
12-24
9 McAleer Manufacturing Co.—
12-12
12-13
%
12-17
12-16
Huttig Sash At Door Co.—
Ideal
11-23
12-24
—
——
preferred
1%
Matthiessen
12-14
12-13
12-28
12-23
77 $1.50 7
20c
;*—
*
11-28 ;.
12-24
12-17 V 7
12-28
v $20c
Class B
(interim)
-----—$20c
Huron & Erie Mortgage (quar.)-—---*—7*
$$1
Hussmann-Ligonier Co. (extra)
—50c ;
Hunts,
,
Kroehler Mfg. Co.,
•
.
.___—*:
12-24
12-24
Alkali,
Year-end
*7
12-12
12-24
12-17
15c 7
—
—
common
4%
Kress
12-31*
40c p'
—
'•12-19
•
*_'y 7 70c, ;';
'' 7 710c
—*
Mathieson
-
12-11
V
(quar.)———
12-24
Co. (extra)
12-27
4%% preferred (quar.)—
Kroger Company— 7
.
6%
1st preferred (quar.)
7
$1.50 7 1- 2
2- 1
1% 2nd preferred (quar.)
$1.75
12-31
Kut-Kwick Tool,
6% preferred (s-a)
30c
12-28
La Crosse Telephone Corp.
(increased s-a)*
7 55c
12-31
La France Industries, 6cJo pfd. (accum.)
$1.50
12-31
La Plante-Choate Mfg. Co.
(quar.)
777 20c
V 1-15 r
Labatt
(John), Ltd. (quar.)
—
$*oc
1-15
7Vic
(quar.)—rr
■.—■—
12-31*
;
Cq. (initial)
Inc.,
Co.,
^
Co.—
Creamery
Koppers
■
,
(extra)
>Rubber
B.)
Monarch
Knapp
12-20-
2
12-28
62Vic
—
com.
_i—__
(I.
Knudsen
40c
Sound
Howell
Stock
12-20
2
1-
(quar.
Emil) Co.
dividend
(D.
Kleinert
7,7 50c
/v7 SOcT;
common
»
12-31
;.„.37c
*
*
_4
12-24
v:
Trust-.,—.7
.Holderf
Payable of Rec.
7,14c
■!• $2.40 >/
Second Fund
Investors
Year-end
12-26
5c
25c
5%
25c
40c
(year-end).———'—
Co.
Drug
Klein
12-11
12-26
preferred (quar.)—
—,
Oil Co.' (Texas)
(initial)——_—
Co. (quar.)
———
5%
11-30
93%c7 :;ti-i6>
Houston
Howe
Kinsel
12-20
1
5Uc /
Gas Corp.,
xNaturai
k'.
;
$1.50
—
12-14
.
12-23
30c
25c
Kingsbury Breweries Co. (year-end)—....
Kinney (G. R.) Co., Inc., common
f.v.
2
1-
65c
(quar.)-
Special
1-2
V
25c-.
pfd. (quar.)
King-Seeley Corp., 5 % conv.
;
6
12-
1-2
(quar.)—56Vic
common
12-16
..
.
12-16
•
,
*
'
12-18*
12-23
—
Houston
12-30
12-27
$2
$12 Vic
;—
(quar.)
preferred
3%%
12-31
■;
2
•
-
-•
preferred
convertible
12-14 v
,
*
Hotel Gibson Corp.—
$2.25
1-15
1-
V.
—-
(Frank W.), Ltd. (quar.)...
___•—
Hoskins Manufacturing Co.
(year-end)
non-cum.
2 '*
12-31
12c...,
Horner
6%
12-14
2
1-
$1.06
$4.25
412-14
1-1
'1-
25c 7
—
pfd. (quar.).
Hardart Baking (N.J.)— "7.7,.. '•
Electrochemical,
Hooker
^
40c
pfd. (accum.) ' ■ $$3.50
Co., Ltd., 7%;
As
" ''77
Special—Payable in common stock or cash
Massachusetts
When
Per
Share
•
:
■
.
Massachusetts Investors
12-16
,
30c* v
••r-'i'.'v
—-—-
i. v.-
.
■
v*
$1 •
Co., 80c preferred (s-a)—
Guaranty Co. (year-end) _z*__»7;7
Dairy
Home
Horn
1
.
,
Name 0} Company
v
-
12->2
12-30
;
■7"'.-'-"
H older$
When
Share Payable of Rec.
25c % 1- 3 •' 12-14
,
f
Kelsey-HayesiWheel Co.—
.7
'
1-2
$1.50 convertible class A (quar.)
«■/..; 37 be
1- 1
Kendall Company, 4Va%
preferred (quar.)., $1.12%..
12-23
.*• Ken-Rad Tube & Lamp, Class A (liquidatg.)
•-,. $5
•;'; 1-15
Kentucky Utilities, 6% pfd. (quar.)__—- ;,v $1.50 „.
12-24
7 Kerite Company (quar.)—
.
25c . 12-28
/ Kerr-Addison .Gold
Mines, Ltd. (interim)
;
$5c r
1- 2
y
Kerr-McGee Oil Industries, common
2,/2C ;
'i 1- 2
Kimberly-Clark Corp., 4% 2nd pfd. (initial)
• 66%c ,
1- 2
9
Common (quar.)
—725c
/; 1- 2
7
4%%
preferred (quar.) J.
;
$1.12'/a
5
12-
'y
^ "**
(extra).—~—-—-—"
Company
Kellogg
•
6
.;
12-31
'Fer
Name of Company
Payable of Reel'
1-20
—- >/
10c
__——50c
Hollander (A.) & Sons, Inc.—
:"77 \ '7
v':
Stock dividend
5%
Hollinger Consolidated Gold Mines (interim.), - ^$70
Hoffman
'
J
Holderi
n
■.
$ Share
• «
Monday,-December 23, 194$
& FINANCIAL CHRONICLE
THE COMMERCIAL
3332
1-
Volume 164
'
Number 4553
w
'
*■
'V
THE COMMERCIAL & FINANCIAL
CHRONICLE
>v'
3333
Per
Name of Company ;-<X_ >
; •
National
Biscuit
Go.,
National
Battery
^
Share
Co.
National
Bond
&
■X"
common_Ll-___Z____l
Corp.
30c
<quar. )_*.___
common
-1-15 ''
•
'
15c
1-15
1-
2'
12-
/-V".
Railway
(increased quar.)
"
Oxford
Paper Co.,
12-,^8
Oxford
Radio
$7 pfd. (quar.).. ¥ $1.78
National City Lines,- $4. pfd. (initial quar.).
V
$1
National. Enameling & Stamping
:rv 50c
4,
National Fire Insurance Co.
(Hartford) — * oMi
12-31
12-14
Pacific-American investors,
'$1.50
preference
(quar.)
Quarterly
"
National. Gas & Electric Corp,
National Grocers,
$1.50
•
pref.
fyear-end) L_:
Ltd.,-common
Special
-
4'/a %
Year-end
.
20c
12-23
12-23
12-12
12-
10c
14-
1.
$1.12 Va
1-
2
12-14
$1.12 J/2
4-
1
3-15
1
1-13
2
12-14
$6
1-15
60c
;;;
3-15
:
1-21
12-13
12-16
Peninsular
1-2
12-19
Common
% 1-2
12-14
50c
f37V20
Parmelee
(extra) _i_LlL_..z"
(quar.
(year-end)
r
series—;
1-
12-18
7
12-31
Water
2
12-19
93%c
.2-
1
Penney (J. c.) Co.-.
Extra;-'
Peoples Drug Stores,
"$5 preferred
13c
1-15
1-
-
12-31
Special
Pep Boys
12- 2
Peoria
1-2-47
$21
—-
1-
$1.50
Co.
(quar.).
12-20
Perron Gold Mines,
12-10
Pet Milk
York
20O
—\
-
1- 2
York
New
Co.
Niagara
Hudson
XAy
4c
$6
93%C
1-2
12-20
10c
Co.
-
North
B
Northern
Northland
$3.75
$3.75
Northwestern
$2.50
12-26
3%%
1-
2
12-14
Phillips
Gas
1-2
12-13
Phoenix
Insurance
2- 1
■r::.
R1-20
2
12-12
1-2
12-12
y.v-■XH
12-31
12-31,
(s-a)„
(quar.)
preferred
37 tec
l-.l
?"13
Porter
50c
-12-27
12-27
1-
$1
12-18
12-18
11-30
1-
2
50c
$1.10
<1,: 1- 2
Z
7
9
!
12-23
$1.25
Loan
O'Okiep
&
Copper
2
12-20
2
12-14
$1.25 zz-;zi- 2
30c
12-
3
12-30
$5
20C
12-14
Public
12-28
12-31
12-20
12-26
12-11
12-31
Public
12-21
$1
12-10
$1.50
25c
$2
12-31
Z
Z12-13
1-
2
deposit
agreement.
Orpheum Co., Inc.
terms
$25c
1-
2
$25c
4-
2
$$1.25
18 tec
1-
2
Co.
1-2
50c
,
.
$4
preferred
Service
12-27
1-15
1-15
12-20
75c
12-31
12-12
$2.20
12-24
12-17
12-24
12-17
'
;ex¬
1-
1
(quar.) J.
Trust (N. Y.)
$$2
1- 1
'
'
2
2
12-
9
12-
2
1-
12-16
12-31
"35c 'Z
•'
-
2
12-20*
12-26
35c
12-
9
12-
9
12-26
90c
I-
•
1
12-10
'
'
$1.75
1-
1
12-15
$1.75!
1-
1
12-15
175c
(quar.)__
1-
2
12-16
12-23
1-
$1.50
:
25c
12-11
12-12
12-28
37y2c
,
12-14
2
12-26
10c
12-20
,12-28
1-15
$2
10c
Z
12-20
r
2
1-
2
1-
9
12-
12-24
12-24
$2.50
12-
12-16
1-2
1- 2
.
12-20
41 tec
12-16
2
if-: 1- 2
/.
30C
12-31
'11-30
1~15
50c
Oklahoma—
(quar.)
Z;
Gas—
1- 2
■
12-31
11-30
$1.75
12-31
40c
12-23
40c
s*:-
12-23
Co.
12-
2
12-20
1
12-10
6
12-
6
12-
6
12-26
-
12-
12-27
12-19
12-23
12-
X)l- 2
12-
•>
4
4
it.
,*>m«-fi.'
$25c
a-rlStq
12-23
'xiVStn-iCf-
$$1.50
,1-15 :■'•■. 12-23
62tec
1M2
20c
$ 1-15
12-31
25c
1-15
12-31
:
7
1-
50o,
-
50C;
2
6
12-10
12-27
12-13
12-28 ■; 12-14
1-15
".1-15.
85c
2' k 1-
50C
'9iy4c
v
12-
"V
12-27 ZZ 12-13
$1
..
25c
3-
-
83 tec
1.-2
iXl- 2
.
1
1-17*
2
12rl3
1:
2-14
*
12-
XJXfrX
9
or
Industries,
&
12-14
1-2
12-14
1-
1-^2
12-14
11
30C
12-28
12-20
(quar.)
25C
1-10
12-31
250
1-10
V12-28
15C
Z
5c
12-31
12-16
12-31
12-16
-
Z'
..._
.
1-2
$1.50
j
common
■
'•
$1.75
'
Shares
Z;
$5.50
■h
,
1- 2
12-10
A-
1- 2
12-10
16c
12-28
12-14
$1.25
pfd.
Corp.
12-28
12-14
$1.37%
1-
0OC
(increased)
1-
70o
C.
10c.
:
.2/
—
1-
2
12-20
J-
2v
12-18
25c
12-27
$30c.
15C
f 2CO
2-25
IOC
25c
12-14
12-17
H6
.
1-2
12-19
v12-28
59 tec
preferred
12-12
12-13
.
12-30
Z-Z
{
12-13
2
35C
(increased)
12-17
12-23
20C;
:
;
2
12-24.
$1.12'/a
—
(quar.)
43/4%
12-16
12-10
$1.25
.....
cash
12-19
12-31
1-
>
31 tec
12-16
2
12-16
2-1
:
1-
;
"
1 ;•
•
1-
2
12-20
of Canada, Ltd.—
(increased quar.)
$20c
—-
—
(year-end)—
r
2-
$20c
2-
l
$$1.75
—
(quar.)
Ltd.
12-10
12-31
y
$1.12
—
Ltd.
12-10
25c:
V
(quar.)
Mines,
12-21
U 2
Corp. of America, com. (quar.)..
convertible preferred (quar.)—
Breweries,
12-31
r
31 tec
—
preferred
12-31
1-10
80c
(quar.)
com.
12-14
•
Association
(quar.)
2
16 tec
•
Corp..l___—!___*—
Products,
2
$1.75
common—
Gas
1-
$3.50
(quar.)—
•
11-30
2
1-
*
—
preferred
Oil
12-20
12-27
$5c
,
"
—
(year-end)
Co., common
American
Sigma
9
11-
' $1.
$1.28
$$1.06
(quar.)
Sick's
9
12-
2
$3
(s-a)...
(s-a)
(quar.)...
dividend
Steel
12-12
12-12
1-
Inc.—
A
Common
11-30
.
12-24
12-24
XX- 35c
Extra
.voting (qiifeW) f..'H
12-10
70c
,
Sheraton
7%
12-H
..' 25c-
!—*.
'
$1.25
1-
P
(s-a)
Sherwin-Williams Co.,
"
preferred (quar.)
7% preferred (quar.)
12-11
30c
$1.12te
(quar.)_„;
Common
z: 12-20
12-13
1-
25c
,.
}
preferred
Shellmar
$1.25
12-13
,X li'.Z 1-
50c
(year-end)
Special
i
z
ZpZ,
1-
2bc
25c
prior
class
12-14
f
$1
preferred
preferred
Shawmut
;Z 12-14
Z
$1.25
$1.25
Sharp & Dohme, Inc
i
Shawinigan Water & Power Co.
;12-16
1
12-20
s-a)
Finance
Shamrock
12-16
58 tec
1-
Co.,
preferred
Sharon
J
1-
1-
10c
V.'.
Co.
1
$1.12 »/a
....—
:
lr
$10c
preferred
—
50C
12-14
quar.)_
(quar.)
$1.50 convertible preferred
(accum.)
Servel, Incorporated, $4.50 pfd. (quar.)."
Seton Leather Co.
(year-end).
Shakespeare Co.
(quar.)
6
12-31
;
1-
^
(incre.
Corp.', Ltd.— v,,
Steel
Selected
7
12- 6
20c
(quar.)
12-20
12-20
preference
Stock
-12-11
V
12-23
;
Paper
Selected
12*18C
12-16
12-27
1-
$1
4te %
5%
12-17 Z,
1-
25c
XX $2
78c
Seiberling Rubber Co.,
;
12-20
12-
(guar.)$$1.75
Electric
2nd
$7
'
1-
12-13
$10c
common
General,
$2.50
;
$5c
b
$50c
Z—
■
1st
$6
12-17
12-27
Extra
:?
1-
162 tec
,
Inc
Securities Acceptance
Corp.,
5% preferred A (quar.)
Securities Corp.
$2.50
:
(quar.)_
com.
(interim)
RR. (s-a)
—
12-24*
12-27
150c
$1.50
preferred A
Z '$1. preferred. ■ B-.....,
Seaboard Surety Co. (special)
12- 2
'
•
15C
of New Jersey—
quar.)'
(monthly)
com.
•'12-10
11-
$1.37'/a
(quar.)_.
(quar.)
Corp.,
preferred
Scullin
Z12-14
|
non-voting
8
12-24
12tec
■":-
'
1-
■
25c
(year-end).""
Guard:'. Corp.-..
Seaboard
12-12
1-15
7%
3 te %
X
-V
$5
Common
12-12
1"15
v-:
25c
"-1-—
7%
12-20
Co.
Publication Corp.,
12-12
1-15
7
$1.50
preference
Cable
6%
12-16
$75c
s
A
Pendleton.
Common
': 11-22
F
s-a)__'_
&
12-23
10c
(quar.)._L_..__._..___
Scruggs-Vandervoort-Barney,
12-20
.
12-31
56 tec
Colorado—
Electric
12-20
Extra
12-14
12-31
(monthly)
of
6
,
.
12-20
;
13c
,
(increased
preferred
Public
of
9
1-
-
9
$20c
$$1.50
■.
(monthly)
(monthly)
Public Service Co.
12-13
1-
2
12-10
12-26
11-27
$25c
(year-end)——
—
ZZ'Z $20c
1
1-10
,r
1-28*
'1-10
12-28
'
:
thO
r
Extra
Original
..'V.
Service
Common
12-16
12-27
Service
preferred
Public
3-20
(year-end)
62tec
„
(interim)
&
,*
$3.40 preferred (quar.)
Scovill Manufacturing
Co., common
$3.65
preferred
(quar.)
1
Scranton Electric, 3.35%
pfd. (quar.)
12-17
1-10
&
Extra
Scott
12-17
12-
500.
preferred,
f;': 6%
12-20
(quar.)
of
:V
12-24
;———*—
Bank
12-
50c
(quar.)____
Schuster; (Ed.) & Co., Inc.—
Z.
12-21
'15c
Worcester RR.
preferred
7 %
;
(quar.)
&
5%
12-13
.
the
12-31
40c
National
2
37tec
com.
Manufacturing Co.
Sangamo
1 12-31
12-24
Washington Insurance Co. (quar.)
6%
..
12-10
12-31
Ltd.
1-
' :
(accum.).
Mills, Ltd.—
^'p'aoXX"
6 %
preferred
(accum.)
;;
St. Regis Pajier Co., $2.50
prior pfd. (quar.)
San Diego Gas &
Electric, com. (quar,)
5%
preferred
(quar.)
San Jose Water Works, common
(quar.)
•Sanborn Map Co. (quar.)
•./•■.
P 12-16
1-21
12-24
Increased
payment of one shilling on the ordinary
shares.
Payable to the holders of the
under
1-2
25c
_
Providence
12-20
12-10
25c
(quar.)—
Special
2
12-23
•vZ 1-
10c
(quar.)
12-16
1-21
15c
Providence
12-23
75c
common
shares
preference i (initial
9
jibe
•
;
^Providence Gas Co.__
Z12-14
A
American
;
'
—
7 12-16
62 tec
Propper-McCallum Hosiery, 1st pfd. (s-a)_._
X 2nd preferred
(s-a)
;
>12-13
12-23
.
25c
;
—
Co.——
*
Co.—
^'Proprietary Mines,
-
Debenture Co.
12-16
1-2
1-2
Extra "
12-16
1-
1-
.
97 tec
Distillery (year-end)
Inc., 4% pfd. A (quar.).—
Filters, class B (year-end)..
Beauty Supply Co., Ltd.—
Participating convertible preferred
Participating convertible preferred
12-31
12-31
■
40c
;•
Z 11-29
10c
,
62tec
Proctor & Gamble,. 8% preferred
.(quar.) — ^
Prophet (Fred B.) Co. (quar.)—,———
9
12-
4%
;
12-16
12-
12-23.
9
12-
5c
4% class A preferred
St. Lawrence Paper
12-10
Co.
Price Brothers &
0
12-
2
(quar.)__i.._
Telephone Corp., com.
1st preferred Series A
St. Lawrence
12-10
$ltec
12-10
12-23
$1.25
(H. K.)
pressed Steel Car Co.—
4 te %
preferred A (quar.)
7
Ontario
Ontario
2
17tec
-
12-11
Z 12-31
$1.12te
1212-
;
Corp.,
——
12-16
2
12-24
$1.50
Industries,
Inc., common
preferred
(quar.)
1
12-24
$15
preferred
12-16
12-23
Z$l:
—
Poindexter
8%
12-23
$25c
preferred
Corp.,.
12-14
12-19
"
Special
6%
1-
1-7
10c
—
12-20
2
15c
(quar.)
Co.
(quar.).
Inc., common
75c participating preferred
Old Colony Insurance (quar.)..
Omnibus
2
1-
30c
Service
United
$1.75
„
(Pa.), common (quar.)—
:
5% preferred (quar.)..
.".
Portis Style. Industries: (initial)
Portland Transit, 5%
preferred (initial)
Power Corp. of Canada, common
(interim)—
6 %
1st preferred (quar.):
6% non-cum. partic. preferred (quar.)—
Pratt & Lambert, Inc. (year-end)
Prentice-Hall," Inc., com* (special)
$3 preferred
(year-end)__—
12-16
il- 2
50c
40c
Industries,
'mar,
1-
$$1.50
(quar.)
—
Oliver
1-2
$2
-—««•.—
12-12
$1.75
(s-a)_
7% pfd. (quar.)
Polaroid Co., 5%
1st preferred (quar.)
$2.50 2nd preferred (quar.)
Poor & Co., class B (extra)....
12-14
30c
Candy Co.
12-23
.
12-12
1-2
12-
2
.....
50c
Pneumatic
2-28
2
1-
Safety Car Heating & Lighting
Safeway Stores, 5%. preierred (quar,)—,.
Saguenay Power, Ltd.. 4V4% pfd. (quar.)__
12-16
; 12-14
12-12
$1.50
____—
1-
12-23
z1.1-'1
37 tec
(s-a)
1- 2
1-2
Inc.
Scale
1-
1-
;
prior
Safe
B 12- 6
12-20
62 tec
(year-end)
1-15
12-20
Corp.
'
;v
,
2
1
12-7
2
f12-14
12-26
1-
1-17
12-10
5%
.
12-13
(quar.)
15o
Plume & Atwood Mfg, Co. (quar.)
50c
Plymouth Cordage Co. (quar.)—50c
Employees stock
5c
„
35c
(Helena), Inc., common——.
X- -Class A (quar.)—..—.
Ruppert (Jacob), 4y2%" preferred (quar.)
Russell Berg
Fund, Inc. (year-end)
Russell Industries, Ltd.,
common...
12-13
1-
,
1-2
11-29
common
—
Olin
1-2
$1
$l
1-2
$1.05
"
1
$1.12 te
Rubinstein
12-13
12-23
3-10
Plough,
12-23
60c
12-23
3
l-'l,"
/r.
4% - convertible preferred
(quar.)
Ronson Art Metal Works
(quar.)
12-16
$2.50
60c
2-
87tec
[
;
Water
preferred
Rome
12-31
1-
(quar.)$2.50
RR.
Chocolate
2-
,
.
2
1-10
50c
Pleasant -Valley Wine.._.....i_.._i-^.-_.__
Extra
....—i—
Adams
11-29
$1
12-31
&
12-19
Metal
Roeser
12-14
Co.
1-15
North
.,11-29
12-3$
15c
Pittsfield
&
12-28
52tec
50c
5%
12-20
'12-19
(year-end).
Pittsburgh Fort Wayne & Chicago Ry.—
^Common (quar.).
"71% preferred (quar.)
v
Pittsburgh-Plate Glass (year-end)__
Nut
12-15
15c
(year-end) _1._L.__.
5%
12-20
i2-26
(quar.)
Pittsburgh Coke &'Chemical Co.
12-20
„
preferred
4te%
12-31
(accum.)• $1
$10c
Co., 4J/2% preferred (quar.).,
prior preferred (quar.)
Ohio Leather Co., common (increased)..
5%
preferred (quar.)
Ohio Public Service, 3.90%
pfd. (quar.)
Ohio Service Holding—
; • ,
Old
Gas
pfd.
Planters
(s-a)
Water
Coal
.12-15
common:
Tobacco,
3
1-10
,r
(quar.)
convertible preferred
J.)
12-
1-10
;
(R.
12-10
12-14
2
A-
'"15c
common...
(quar.)
preferred
Inc.,
12-26
12-23
8
(111.):—
Rockwood & Co.—
12-20
■:M1
(quar.)
$3.50
12-20
1-
93%C
Telegraph Co.
non-cum.
Mills
12-10
.
Finance
&
Fashion
Co.
12-
15c
preferred
convertible
Rockwell
1- 2
75c
(quar.).
XX $2
*0
$5
Hartford
2
——————————
:hio
of
2
'
Rochester
1- 2
20c-
.•
75c
Ogilvle Flour Mills, Ltd., common (quar.)—
Ohio Brass, class A (year-end)
Claiss B
(year-end)
Ohio Cities Water, $6 preferred (accum.)
Ohio Edisoh Co., common—
4.40%
preferred
(quar.)
Oils
Full
Pittsfield
VPffeZ-l.-
75c
(quar.)—
:
No-Sag Spring Co. (year-end)
Nova Scota Light & Power, Ltd. (quar.)
Novadel-Agene Corp.; (quar.) __________
Noxema Chemical Co!* common (s-a) —•'
Ohio
Pilot
rW'r;
>; if'tppUf
$8%c
—»'
preferred
Extra
Co.
1-
2uc
Engineering,
Valley
1- 2
93%c
PUlsbury Mills, Inc., $4 preferred (quar.);.r
12-20
Norwich & Worcester RR. Co.—
Nutrine
2
Extra
1-
50c
(quar.)
convertible
Class B
2
12-
(year-end)
common
Pittsburgh Brewing,
i—
___
Norwalk Tire & Rubber Co*
8%
12-
1- 2
9
•
preferred A (quar.)'
Packing Co.
(year-end)
$50c
Gas
Leather,
Northwestern
1* 2
$1.50
12-18,
$25c
(year-end)-
(year-end)—
Greyhound Lines, Inc.*-*
preferred
$1.25
..
Liberties
Natural
12-27
,
12-13
12-3
_
1-10
2nd
Corporation,
&
Manufacturing
$2.50
preferred
(quar.)'
Robinson- Cotton Mills, Ltd.
Rochester & Genesee
12- 6
*15c
(quar.)
'
3
——
Railway
Northern Empire Mines (interim)
12-23
i__.
1- 4
.
$1
__
Central
Northern
12-18
Electric
convertible
Ltd.,
12-11 ;v
12-
,,
Philco
(quar.)
(accum.)
(s-a) 4
^
Northern
1-
75c
(year-end)
Oil, 7% preferred
Star
1- 2
32- 6
*
1
...
1-2
$1.30
(s-a).
American Rayon, class A
Class
North
12-24
20c
$2.50
12-13
25c
Riverside Silk Mills, Ltd.—
Vfv
$2 participating class A
preferred (quar.)
Robertson (P. L-) Mfg.,
12-11
12-23
5%
(quar.)
;$1.12te
preferred (quar.) ______
$1
Philadelphia Electric Co., common
>
30c
$1 preference common (quar.)
250
Philadelphia Suburban Transportation—
6 %
preferred (quar.)
"
62teo
Philadelphia & Trenton RR. (quar.)
$2.50
; 12-9
12-23
12-14
1
83/4c
:
Extra
12-23
,
$2
12-19
2
1-
(quar.)
Works, 6% pfd.
Products (quar.)—
Ritter Company
(quar.) —L__;
11-30
25c
(stock .dividend)
non-cum.
A
B
Rleke
11-30
25c
(quar.)
9
1-
$L75
-
Xxfn
1-10
12-28
.'
$2
-
preferred
(quar.)
'
Puget Sound Pulp & Timber, com. (quar.)—Ite.
6% convertible preferred (quarj)ai.'talaaa!•"
.•
'
t.TBifpi b'.molf
.
'
-;j5>.
X.
ii:.,
1-' i:\-X
'•?!
$1.75
12-23
1-
2
9
Silverwood
Dairies, Ltd., 40c partic.
12-20
Silverwood
Western
12-
250
12-30 Z-
12-19
30C
1-1
12-16
.
i
;--
■■
'
■
:
'-('Un
•*
•'•••.
:,
6%
;
12-16
Richmond
12-20
1- 2
,
:
American
$1.06V4
$1.06'A.
...
Rubber
preferred
$4
:
6
25c
&
It
$1.50
"
Year-end
12-20"
12-31
-
12-13
(quar.).
7%, 2nd preferred
(qudr.);
Richman Brothers (qiiar.) 11
12-31
12-31
$2c
vV$4-50 1st preferred
Weaving
North
$2o
...
2
50c
Rice-Stix Dry Goods Co.—
7% ^ 1st preferred (quar.)
12-11
12-27
/50c '
1-
50c
i
12-27
12-2
12-10
3.6%
4
12-
3
e
12-21
1-
12-26
5te%
12-20
*
2
1- 2
.
37 tec
Brewing Co
Common
12-16
1- 2
1-
50c
Philadelphia Company, $5 preferred
11-27
12-16
1-15
9
1-10
,
12-11
,
1-15
12-
1-2
12-23
Class
4
12-
12-27
$1
.\
12-
.
9
20c
Reynolds
12-13
12-27
1^-
35c
(s-a,l
7%
pfd.
Stock dividend
$4.50 preferred
(quar.)
Renfrew Textile,
Ltd., class A
Renner Company
(s-a)
Z
Reo
Motors, Inc..
12-13
$1.50
■
1- 2
$1.06 te
,
.of
(quar.)
Philadelphia Dairy Products—
(quar.)
Power,
Ltd.
-"Extra'
Pharis Tire
12-22
12-16
12-28
2
$1
12-16
2
9
A-
12-31
93%c
convertible preferred (quar.) *
Republic Steel Corp., 6% prior
pfd. A (quar.)
Copper & Brass, Inc. (initial)
Reymer & Brothers, Inc.
(quar.)
Reynolds Metals Co.—'
.
12-14
12-27
;
1- 2
1-
12-28
12-
87tec
Revere
12^14
1-2
25c
(initial)
1-2
$6.25
12-10
,40c
,,
(auar.);
Pfeiifer
:
12-10
2
1-
80c
(year-end)
$1
.
$5 pfd. (accum.)
(quar.) _________
: Extra
——————_....._zZ
North American Car Corp-e~
$2 j convertible preferred (quar.)
Nor|p American Co.-i—
One share common stock of Pacific Gas
Z& Electric for'each 100 shares
common
Niagara Wire
1- 2
2
5oc
(year-end)
(quar.)
Reporter Publications
(initial)
Republic -Pictures Corp.—
12-31
$1' \
4J/4%
2nd
preferred (quar.)
Petroleum Corp of America
..
12-13
.12-13
-$l
(quar.).-i-
12-10
1-
■:z $1.50
U;
Telegraph
Co.
Inc.
12-20
22 tec
,._
-.•»»»-—
Trust
12-20
$1
$1.25
^
2
•
(quar.)
———
Mutual
12-14
\
;
...
preferred
Remington Rand
;
2
12-31
1-
7»/2c
3Va%
12-10
1-2
1-25
,25c
$2.10
2-5-47
12-31
12-16
$1.50
•*
(quar.)
2
(quar.)___
Reliance
3-15-47
1-2
12-16
1-25
Corporation (quar.)
Drug Co., common (quar.)
Reliance
12-20
12-21
1-2
1-
(quar.)
Mills,
1
1-16
12-20
25c
'
'■
Inc.
2-
1-29
37tec
(quar.)
(quar.)common
12-10
30c
•
...
com.
"Extra,"
12-14
4-1-47
Realty,
1
2-25
___
(quar.).
&
Co.' (Penn.)
Extra
Company—4te% preferred (quar.).....
:
12-10
7
'
Extra"
12-20
2
*
1
1-
2-28
$25c„
(year-end)
20c
(quar.)_'i'_87tec*1
Roller Bit Co.
(quar.)
Reeves Brothers, Inc.
(quar.)
Regal Shoe Company__
12-20
60c
'
.4
;w—
(Manny. Moe & Jack)
2
1-
12-18
7
40c
Works, 7% preferred
Perfect Circle Corp. (quar.)__.
Perfection Stove Co! (quar.)
11-13
2
1-
45c
——«...—
Year-end
12-31
1-
$1.50
1-
1st preferred
Reed
,
&
Extra
(s-a)
New .York & Honduras Rosario Mining Co.—;
New
Lives
Water
12-31
$1.50
•
(s-a)—
New York & Harlem RR.
■,
'1-2
2
25c 2-15-47
-
.Year-end
4
Auction
12-28
50c
(quar.)^...—__.__l_.___.
Hosiery
prior
Class
6
$3
r'X-
(quar.).i^_.^_..._L.-i-«..__-
Peoples Gas Light & Coke
..
York
6
12-
-
12-16
2
12-36
$1.30
_
New
1-
12-
25c
1-
13c
Jersey Power & Light, 4% pfd. (quar.).
New Park Mining Co._
New Process Co.
(year-end)
Newport Electric Corp.— 3te% preferred (quar.)——
Newport Industries, Inc.—
4te% preferred (quar.)
Newport News Shipbuilding & Dry Dock—
•
1-15
12-27
$1
(quar,7
20c
1-16
7
30c
Pennsylvania Water & Power Co.—
Common (quar.) w—
U
12-
-12-27
50c
'
New
Year-end
Reed
$1
12-30
12-12
(quar.)
Co.____u__^a__i___
Gas
When
Holders
Payable of Rec.
■
1-15
preierred
Silk
5%
Securities
on
12-31.
,
__________Z
preferred
Co.
&
Insurances
1-15
Telegraph Co.—
'Special
^
New Haven Clock & Watch—
Haven
Reece
12-16
'
'
—
r
New
12-14
2
preferred (quar.)
$1.25
Pennsylvania Power & Light Co., common.
30c
4j/2 %
preferred
(quar.)
$1.12,/a
Pennsylvania Sugar Co., 5% preferred
V 12^0
Pennsylvania Telephone, $2.10 pfd. (quar.)_
53c
12-31
1-15
50c
———i..—
convertible
Common
Shares
for
2c
(quar.)____
Insurance (quar.)
preferred
(accum.)
England Telephone &
4 te%
2
1-
12-23
5%
12-12
1-15
_'■
Telephone
New Hampshire Fire Insurance
,
1-
$1
...
Granting Annuities
(quar.)
Pennsylvania Forge Corp; (year-end)
Pennsylvania Glass Sand Corp.—
5
12-14
75c
;'c\
12-18
2-
2
50c
(quar.)
12-31
preferred (accum.)
6%
preferred
i;U- 2
12-16
1-
50c
Pennsylvania Co.
1- 2
Real
...
Pennsylvania
Bank
Corp.
(year-end) v
2-15:
Reading
12-31
$33/4c
(quar.)
1-15
New England Power Association—
Quarterly. ■
Co.;'com.
(quar.)
12c
...
stock: series...
(accum.)
New
Telephone
12-18
8C
_
Certificates of beneficial interest.,
New England Lime Co.-—
Non-assented (3 preferred
$2
(quar.)
12-16
10c
!__■'
—
England Fire
New England Fund—
:
Co.
12-14
12-23
12-16
.
common
New
Transportation
2
150
12-18
Pgf
Share
1-10
Rayonier,'Inc., $2 preferred
Reading Company—
2nd
;
,
preferred
1-15
quar.)
2
53 '/8C
12-16
►
_______—;
Packing
12-31
■
(increased
1-
2
12-26
1
•
,
i5C
Raybestos-Manhattan,
12-28
pfd. (quar.)
(increased).
Industries, 4% preferred (quar.)..
Peerless Casualty, 6%
preferred (s-a)_____
$1
12-9
$31 Vic
1-
$1
25c
-12-30
Rath
pfd.
' $1 50
Equipment
3%%
12-16
12-31
15c
(quar.)
v-1-15
—
Brunswick
Tubes, Ltd.
$1
$1.12'/a
1-2
•''V
^
(irregular).™"!
6%
1st preferred
Ralston Purina Co.,
1-15
Jf
Ltd
Radio-Keith-Orpheum
$1.50
,
(quar.)
40c
■
10C
•
conv.
common
Railway
Extra
*«*
1
$1.25
convetrtible
$1.50
Pathe
'"
$3.50
12-23
'.>•
v'
-
(quar.).
12-12
12-30
'kw,
V,
5%
12-14
4
i
Power Co.
(quar.)
Corp of America-, com.
Radio
12-16
,
2
'
Company
preferred
Quebec
.
25c
1- 2
♦The amounts shown are
estimated.
Nehi Corporation
.(year-end)^w^iiiiiii22-;k:
Newberry (J. J.) 3%% preferred (quar.)
New
12V2c
(quar.)
4%
preferred
(quar.)
Paramount Pictures, Inc.
2.12-31
1-31
'87J/2c.
1-
6%
>
2
n
1- 3
50c
v
;
1- 1
$1
•.
Extra
12,23
>
series
♦Low-priced
37J/2c
,
...
1-
/, .11
Quaker Oats Co.,
12-10
-•/
preferred
Panhandle Eastern
Pipeline, 4%
Paraffine
Companies, common
25c
common
bond
$5
Public Service Co.
(quar.)
Telephone & Telegraph, com.
preferred
$1.50
""Bond :i series
♦Speculative
.
(year-end).
(s-a)
Extra
(year-end)
12-23
(stock
Page Hershey
National Trust Funds—
:>Low-priced
•
.,
*
__
-1-15
Telegraph
....—
Mills
Pacific
5
(quar.).
com.
__
.
$1
10c
.V
** 1*
Corporation,
12-20
,
"h.
-■
41
f
Pure'Oil' Company,
Purex
11-30
Inc.-—
(quar.)x.——.1,.^
Lighting,
Pacific
12-23
2-
12-27
12-24
(quar.)_.-.« V; $1.25
dividend)
5% '
Pacific Portland Cement,
6V4% pfd. (accum.)
$5.75
18C !
(quar.)___
Co.
Co.
Extra
Pacific
9
$1.50
preferred————
Tool
12-
(quar.)_
Corp., Ltd. (quar.)
National Sugar Refining-,...,....,..
_L—.i
National Supply Co., $1 preferred
(accum.)
Tea CO.,
■4Vi%: preferred
12-14
10c
Corp.,
National Screw &
Manufacturing
National-Standard Co.
(quar.)
National Steel Car
National
Can
50c;.
(accum.)__.
(initial)..
Fisheries
Atlantic
r*
Name of
12-12
Indemnity Co. (Los
Angeles)—\ v'; "V!
Quarterly ..--.'4—;
50c
1-2
12-16
41c
_______
!
preferred B
Machinery
$2
National
&
'1'
12-12
'.
Pacific
12-14
;
2
1-
National Safety Bank & Trust Co.
(N. Y.)—
: "Annual
Lll-illt—Xl,!:. ^.l,-■
preferred
convertible
American
12-13
1-2
¥150
1
4 V2 7o
12-16
1- 2
r.
„_
(quar.)__
Ruboer
preferred
I-2
1- 2
$2.75
'
...
National Pumps Corp.—~
1 6% prior preferred (quar.)
National
Pacific
Pacific
__________
preferred
$5
Corporation
Pacific
■X
12-16
Pacific
U5c
.v 4Va %
preferred
(quar.)__,
l..:
National Manufacturers & Stores
Corp.—
,
12-14
•
1-2
,t37V2e
_____
...
National Lead Co., 6%
National Linen Service
Common (quar.)
1
(quar.)
(quar.)'..,..
National Hosiery Mills, Ltd.—
Class A;. (quar.)
National Investors Corp. (year-end)
,
.12-27
50c
■
6
"
W*? 2.-;
*80c
(yc-ar-end)
12-30
t43c
,
Z(quar.)___L__i_
Holders
?80c
1-15
preferred
(quar.)
National Cash Register- Co;
National Casket Co.;'Inc.,
'When'
Share*Payable oj' Rec.
(quar.)...._,......
Otis Elevator Co., common
Overseas Securities Co.
12-18
>
2"
Company
Electric
25C
.1,7%
Per
Extra
;
12-31
-
1-
J50C
Ottawa
1-20
12-26
(quar.K.
Name of
12-10*
2-1' '
$2.77
.
Ltd.,
Holders
Payahlt of Rec.
i'"30c'
-
Share
,Year-end ^
National Breweries,
When
•
.preferred
*
pfd—1.
Dairies, Ltd.—
(quar.)
Simmons-Boardman
Publishing
Corp
$20c
$$1.25;
$1
4-1*
1-2
1-lQ
11-30
1-
0
'
Simplex
./.« i's.
(quar.)—--
C^orp;
Paper
Extra
■
L—
J0c
>
5ya %
1-2
i- 2
12-16
:i-;2
12-16
1-15
Corp.;
Corp;,
3
12-20
^i.i2
1-2
12-16
preferred
75c
12-16
'$$1.25
12-16
3-
1
/, 2-17
1-
3
12-24
7 Vic
1-3
12-24
18 %c
12-27
12-24
$1
1-2
12-20
'->■
Cor,
EXtra
'V 12-20
12-31
i- 2'
12-20
i- '3
12-20
1-10
12-21
:i^io
12-21
30c
12-27
12-21
$1.65
$3
6%■ preferred A (5-8)2222222222-22222—
Stoker Co. (year-end)'222222222222
;l2-28
Standard
12-21
1-2
2-
$15c
>
Ltd., class A (quar.) 2^---(quar.) _J—22-22-22222—:—-222.
Brock;
12-21
12-27
50 c
2222222222-2222222-2;
—
1-13
$10C:-
12-18
1
.
t-10
.$10C
78 c
'"*2- 1
1-10
12-28
12-17
|V$7
12-14
$1.50
12-24
12-31
$15C
•VI- 2
12-14
20c
12-27
12-10
(A.): & Company (extra) 12——22—
Brothers Stores (year-end) 22212—-
75C
1-10
75c
$7 ViC
12 Vic
1- e
1-81
Steel
Stein
Sterchi
5%
,
-,V$2
12-20
12-31
112- 6
1-15
12-19
'25 c
"
——V,
Equities (Canada)
Illuminating Co. (year-end)
Brook RR.
Extra
$750
* 20'0
;
(quar.)
1-1-47
$5 preferred
(quar.)-*—
4%> convertible
Stroock
Struthers
15c
1- 2
preferred
$1.25
1- 2
SsM-f
$1.25
12-18
12-18
1- 1
12-10
12-23
$$3.75
11-22
r
Gold Mines,
'Sylvanite
Common
bearer
com.
Extra
—
.—222-
1-
5 y2%
preferred
(quar.)
—2™ 1-122-2-.
(quar;)
(quar.)
12-30
12-16
42-30
—
2-
4%
(quar.)——
preference
$50C
Thmplfe Coal,
Tennessee
preferred
$6
Corp.
(accum.)
(extra)—1222
Tennessee Gas & Transmission
4.10%
1-2
12-
12-
6
1- 2
12-18
12-24
A; 4-
25c
i l'.1
$1
9
50c
1* 2
12- 6*
1
Extra
1-
&
Land
10O
Co
Textiles, Inc. common——22—
4%
preferred (quar.)
—
Textron,, inc.,
5%
preferred
(quar.>
25c
..
2
12-27
1- 2
12-21
12- 5
•Common
.
Yates
Yellow cab Co.
New
12-27
42-1
12-27
.42-1
12-27
12-1
500
12-27
12-1
$1.75
12-27
12
•
——1
'
—
-
1- 2
,
n-
1*2-47
4 12-5
-350.
2-1-47
v
;
-:4- 2
,4-:
/: 12-
12-27;,-
13c
;
.1-2
12 tic
-
12-:
v,
-25c
450
'
(liquidating)—-
Co.—
12-5
i:iS:
$40
-
(San Francisco)—
common
11:4
'
(reduced)
(monthly)—*.
1^..—-2—• y
Machine
American
12-1
SOC
(quar.)
—
Toama
Mfg,:.rn.
Yarg Producing & Refining
12-11
i
500.
common
(monthly)
2
12-28
12-31
10c
$500
i
Yale fe
<
...
ti;Yellow Cab company—
6%
convertible preferred
....
12-16
42-28
yi2i4-:
t -. 3
1-16
12-31
.
RR..
^n *.
2-
"class
$1.33
Pictures
12-29
B
12-16
Class
C
(year-end)
4-
•
$$1.25
1
Vr
It
Delaware
assets.
•12-21
.
12-17
37yac
5-1-47 4-15-47
8-1-47
12-16
:Products.4quai?4>._—w__4% preferred (quar.) 2.
Company,
12-14
12-24
12-20
2.-16
12-28
2-16
20
$3.50
•;
..'
'
.
'
■
•
■
>i
lUt' /'i.ijft
r
^
i,
v
•
.
•
i
ho
.
department
sewing inachir
/
CAPITALISATION
PRESE^M^
GIVING" EFFECT' TO
12-23
12-16
25c
12-
5
1-
2
12'-
2
1-
2
12-20
1-
2
12-31
^
-
,
1* 2
$2-27
12-30
12-14
12-11
Outstandf
Authorized
(
^Warrants- to purchase 60,000
.
.6,000 she.
r
6,000.;
600,008 she,
shares of
/■/:'. com'mon. stock ■*_—2-2
i
1-15
1115
50C
has
4$4%;cumul. conv. pfd. stock (par $50)
/ •♦Common/stock /(par
—A-
1
^
2*1
70c
.
corporation
i
12,
>.
2-1
ZVaC
shares .(except direct*
D. M. Read Cp. (Conr
general department store
outstanding
12.-13
20C
&
and
"
1243
12-23
50C
Screw
issued
of the capital stock of The
„
$$1
75c 2.
25C
the
goods, toys, c
.toilet goods), art goods, notions; lan:
sportswear, sporting goods, books, millirtery;>stationery optical go:-hosiery; • woolens; and general merchandise, usually.vfoUnd; in de¬
ment :stores.
:
/
■
-w.
"
. * . ~ J
••
12-31
1-15
10c
y
-pets, rugs, curtains, upholstery*
$1.75
Wayne Pump Company (quar.
Wayne
of
electrical.and ;other appliances,. stoves, refrigerators,
china, glassware, furs, shoes, linens, jewelry, leather
c
7-15-47
75c
$1.50
*'
?
"...
'
>
,
/
store operated is the outgrowth oi
William B. Hall and David M. Read in Bridgep.
-Conn.; in 1857; The merchandise sold is principally lh the medium
•high quality range and., consists of "complete lines of-women's, mai
and children's
wearing, apparel, and accessories/; home furnishli'
1-15-47
5-37WC
329G)
business founded by
12-21
12-31
I-.2
Washington Water Power, common (quarjWaukesha Motor Co.
(quar;) 2222222-2—2—
Weeden
all
corporation.
'BUSlNESS—rThe
;
12-21V
2-1-47
•
page
of Bridgeport, Conn.
7
other subsidiaries and dwi)s np.-ol
Its'sole, business being to manage the affairs of the Cpnnecti
11-29
371/2C
:
and
Offered—Warren'^. Yori
i§ engaged in the operation,..of a
4he heart-of the" retail shopping district
.
12-31
:
owns
12-20
12-31
;l r50c
4 87%c
62^20
.
(Continued from
.
qualifying shares)
>«;
$15
,
General Corporation
;i Which
6-20
1
62 ^c'
Wellington Fund; Inc. • (^ear-eridKi;—-.-22-
•''4'/' /*'./,"r'.<
Co., Inc., and Richard J. Buck & Co. on Dec. 17 Offer
50,000 shares of eommoh stock (par 25^)" with 501)
common stock purchase warrants at $5,75 pfer unit.
T
roffering has been Dversubscribed< - ♦]. V
"Registrar: Eilrsfr "National Banlt & Trust Cb*.' 6t Bridgeport, Cb
Transfer
Agent:/Bridgeport-City Trust Co., Bridgeport, COrth.
,\ y COMFANY-rCompany tvaS' incorporated in Delaware, hec. -22, l£
3-20
.
.4- -1,:
12-30
44- 2
••••.,
—_
.
.
12-20-
v.4-4-
(quar.)l2-i-l-2l'yr37^b'
—
1
.
:
1. i.rL-17
33 %C
(quar.)
(quar.)
'
•
A
—
A
7%i ;a Less Britishjtocome Ux;' ^
~;n' .1
'■
.15CA
.
•.'
•
(P«H.) Redd Co.~Stock
12-20
1- ,2
$106
;:/•
——
' /L.
15% Canadian rton-reSla'eht4, 'tax."
funds,-'tax deductible fit the gdqrce; ■« N(j
Investment News
4 12- 5
15 c
/
,
1-2
$2
(year-end) —1—'
(s-a)
-4
/
.
guaranteed
;
i
12-10
12-31
15C
15c
:
in .Canadian
resident tax 15%; resident
7
12-14
75d. \ Ut
30c
25c'
(quar.)————
com.
IPayable
'
•
'
'
tax.
fPayable in U. S. funds, less
'
$1
■
Jamaica income
>Transfer bboks not-closed-lof 'thlS 'dividend. 1
t;
; 12-10
II
2-22-22——*.2' -y -
Iron—22.
Brothers
-
'1
12-21
2
1-
1-
150,
42
}
50C
Miiies
Jr.,
12-10
12-24
60c
3
-
Class
12* 2
1- 2
12-27 >
$500
(Wm.),
.12-1
4- 2
$2.50
Extra
Wrigley
.
preferred
Warner
,
25c
31'/4C
(quar.)
Wright-HargreaveS
12-13
13-24
Warren Brothers Co.—
"
12- 6*
$1.
—-I——i_2
Oil
^preferred
12-1
1- 2
„
25c
/
Lothrop, common
12-20
12-27
.
'
Texon
250
(quar.)"
m
12-31
,40q
1
$25C
350,000:
:
_
(
so,ddo
60,000'
/
^
.
,. .. _.. .
against the warrants Fhich-are ex
cisablfe at $5.75 her sharfe up tb Dec. "1,"4949.
There, are 'reserved
the; conversion of 6,000 "Shares Of ..the 4%"%, 'CUiriUlative convert:
preferred stock (par $50)7 48,000 shares of common Stdck plus andeterminate number of'shares of common, stock issuable upon com
sion of such preferred1 stock
if the conversion late thereof shall
subsequently increased by virtue of the anti-dilution ^provisions in:
amendment to,the certificate of incorporation fixing the terms of s
preferred stock; "
-4 /• ;■•"■•'"> •:>///>',/'••■.'/'-''
tV'
,M >60,000
•
12-10
(quar.)2__2—2122-2222221
&
12-16
25<j
(year-end)_—_
com.
(year-end)—
—
-
1- 2
(vear-end)_-
11-18
20c
;
certificates
&
Mold
Ware River
12-10
11-27
Co.
Extra; -2-i---i-*-ii-iii-l—*—--7%
'
i-15
$4
Extra. i'2---2-2,2—-K22-222211222222222-2-
Chemical
12-14
.
WM
$8.75
,
12-20
$1.02'A
(quar.)——
62>/2c
._2"
.
12-14
2- 1
25c
/;
12-20
(quar.)—22-2-1—— ;: $1.75
Waialua Agricultural
90C
(year-end) _1—
22J
Waldorf System (quar.)__22—_2™2——
25c
Extra ';
2——2i«l
.25c,;
Ward Baking Co., common (year-end)— 2—'
80C.
5%
preferred, (quar.)——
—
; $i.37% i
6 /
4- 2
:-i
u-l
4.1-31'
$1-50
1-10
11 2
17 Vie
7%
6
12-222
preferred
Texas Company
CO;—
12-
10c
2-2-11-
iiiiini--
12-12
15c
25c
-A
1-20
Y.) (quar.).—2
70c conr. pfd. (quar.) —
Wabasso Cotton, Ltd.
Wagner Baking, Corp.
42-14
2
12-1
12-31.
$$2.58
•
l-l————l'—1—-11
"Extra
12-20
Stockyards,
Vulcan
12-14
2
1-
1- 2
A
135c
—
12-14
1-
120c
Taylor Instrument Cos.' (quar.)2
Teck Hughes Gold Mines (interim) 2——
Telecoin Corporation ——22-22——2-——-
12- 6
12-31
A
85c
——222—2-
12-18
2
12-27
IOC
—•
1
1-
56y4c
EXtra
12-16
12-31
15c
Investment
Woodward
12-14
12-23
.
,.,<20C
.
12-16
12-30
'
12-16
62'Ac
4'/a%
(extra)—2-222
Works,
3V2% preferred (quar.)_—
2Virginian Railway, commoii (quar.)_—_ —
6% preferred (quar.)-—-;
6%
preferred Jquar.)-—.
6% preferred (quar.)'2—2-22222
Vulcan Corp., $3 conv. prior pfd. (quar.) —
$4.50
preferred" (accum.)
Vulcan Detinning Co., 7% preferred (quar.)
10-31
$1.25
.
12-16
1- 1
Trust Co,. (N.
S.
Victor
10-31
12-30
12-
it:
v
r
v
Petroleum Co. (quar.)
Woods Manufacturing Co.,, Ltd.
Woodward Iron Co. (quar.)___
442-26'.":;
1- 2
vll
1-4
Victoria Bondholders Corp.—
750
222
22
93?AC
11-29
SOC
V. VV-',r.
Woodley
•
.
12-17
1-2
12-2|
2
1- I
1
'(qbar.)
24;
f——I-I-22—
2
Wood (Alan) Bteel Co.," 7% pfd. (accum.)*Woodftll Industries, Inc.
(resumed)
—
12-20
100%
1-2
!;/ 1- 2
1-
$25c
;
$1.06
(quar.)
Rxtra:
12-23
1-15
50c
1- 3
50c
Wisconsin
xLess 30%
43-27
10%
Quarterly: 2-—2--—2K—21-2-222222—*,
Ventures,, Ltd, (s-a)
Viau, Ltd., 5% preferred (quar;)H212II
•y
12-20
———l—2——1;
;
12-12
12-17
i- 2
preferred (quar.)———
Talon,
Inc.
(year-end)-_—
Tamblyn (G.), Ltd., common (quar.)— 2—
EXtra
2
Mr 1"
t
12- 7
$1.25
....
12-12
1- 3
r/>Vl5eZ
.
EXtra ' —2—2—22-22-1-22__i-22!—
Taggaft Corporation, $2.50 pfd,
Talcott (James), Inc., common
12-16
2
13c
—
—2-1-
;i
:
1-
13c
(quar.)
.
A
12-16
$1
2221-2224
Tacony Palmyra Bridge Co., common—
Class
:
12-17
1- 2
$1.12 Vi
—
Wisconsin .Electric-Power Co.—
12-2
nt
:
r .
.,
(quar.)^
12. 7
V
preferred A (quar;)— 22
Co., 5% preferred (quar.)——
Voting-trust
——
Ltd.,
(quar.)
4
12-23
400
122
1-
12-27
,
(quar.)_
Company
Sylvania Electric Products—
$4 preferred (quar.)——
12-16*
1-15
/
•
A
12
i T2-2
2
/. !,:•• «
^
• 37V$«i
."1-31' v. V
(quar.)-'-i;/, 37 M»C-4-30*47 ;
4;■"••; 6%- convertible ^preferred (quar.)_
47%o 44-31/7^*.:
;
6% convertible preferred (quar.)—:
.:
12-6
(
Yplande- Corporation (initial)
-.2;
l2f-,6 v York .Corporation • 2
/; 150
1-15
12
—.2.
12- 7
25c12-30 ; 12/
Youngstown Steel Doo.r
—..22,.,
12-24
Universal-Cyclops Steel (year-end) —
Universal Leaf Tobacco; common (quar.)—
V .8% preferred (quar.) —
Universal Match Corp. -'(year-end)
2tJpper Michigan Power & Light—
$3 preferred
(quar.)—
2——
Utah-Idaho Sugar, class A pfd. (quar.)2
Utah Power & Light
-22—22222—2-22222
Utility Appliance Cdrp., $l conv. pfdr fquar.)
Valspar Corp., $4 convertible preferred (S-a)
Velvet Freeze, inc., common (initial quar.)
Quarterly 1-1—2*—2———'
5
12-18
12-28
$1.12
35C
Corporation
(quar.)2—
Sunray Oil Corporation; 4 V* %• pfd." (initial) ;/ $1.75
10O
Sunshine Mining Co. (quar.) 2—-2—2-——2
25c
Superheater Co. (quar.) 2221222222122—1—
50c
Superior Oil of California (resumed) ___2150c
Superlor Portland. Cement-——.
2-222,
25c
Superior Steel, new common '(initial)!—2-*.
7 4$1
Supertest Petroleum Corp.; Ltd.; com. (s-a)
175c
$1.50 preferred B (s-a)__2-2-'—2—
25c
Sweets Co. of America, new common (initial)
Extra
1!
'
———1—222-1—iv
35C
&
2-
12-27
•/4*'2/
1-2
(quar.)
Co., Inc.,
Series
••4%V'preferredv'(i897)/: Vqimr.V
'
12-31
Lumbef-1_-—12—2-21——21——
S.
United
"
15c
preferred
$4.25 preferred
Winnipeg Electric Co.—
$% "noh-cum. * preferred (s-a)
'
12-16
$1.75
V
United Stores, $6 preferred (accum.)
United Utilities, Inc. (s-a)—
12-21
2-15
31'Ac
(quar.)—
Sunbeam
Swift
U,
9
^
Corp., common————-$4.50 preferred A-(quar.)——22-22——2Sun Life
Assurance
(Canada)- (quar.) _—
1- 2
12-23
preferred, (quar.)
3%%
,
12- 9
1- 3
$1.50
2-
12-
2
4-
50c
cohiinoh: :('quar;)f -i,"
U. S. Potash
121 7
1- 2
75C
&
42-16
12-23
1st preferred
U. S. Rubber Company
——22222
conv.
Ltd.
12-16
1-2
50C
V
U, S. Playing Card (quar;)——2-^
—
United States Plywood "(stbek dividend)—2New. common (initial- Uuar.)
_i_
12-21
Chemical
Sun
U.
42-21
25C
common (year-end)—it
preferred- (quar;)———.2
(S.)
& Company (year-end).
Wells Corporation—
/,
,
12-31
-1—
l12-2
i
I* 2
Wiser' Oil Co.-
50c
(quar.)—.———
U: S. Lirtes Co.," commcn (stock dividend)* 4V4%preferred; (initial s-a--
12-20
1215
12-1
12-2
2
1-
-1-1—'
,
$4.50
12- 7
i- i
V. 50c
GypsumUompany/
s.
..$5
3-20
25c
2—2222—222--_——2
12-27
:•
14
U. S. {t International Securities—
3-20
$2.50
Strawfcridge & Clothier*^
Stromberg-Carlson,
17
1-. 2
1-2
Wilsil,
42-16
12-1
r
.
12-14
4-1
..75c
42-
1-15
..
-
preferred
(quar.)
Willys-Overland Motors; Inc.*-.
12-10
4-3
58%c
530*
Co
12-27
$1,75
v
12-27
13
1-
Wilson
V 1- 2
V
.
4? 2
$1.50
'
.
$4c
70c
—
'> $1.25
.
(quar.)-
—
'8%
12-12
1-.2
12-
r
12-20
4-
25c
Corp.—-22-22--—222-22
-2
Guarantee
S.
U.
7
12-
•
5Q'C
;
.
35c
U.
'
25c
,
31.75
12-1
42-2
1- 2
"
10c
y
.
12-16
1-1-47
43%C.;
___-•-12-2-—ri—122
Stop & Shop, Inc.
2
;
prior preferred '(qUar.)^.—i—.2221222
preferred (quar;)———i--—
5%
•
12-20
12-27
—
'•
'12-28 V
42-31
25C
-
Uorp<; (extra) —-_*__*2i22
Stix Baer & Fuller, 7%-1st preferred (quar.)
Stokely-Van Camp, common (lnitihl*)222-22-
'
12-27
2
12* !
12-28
75 c
.
12-1-
; 12.-1
4f 4
45c
-
.
;i-42-l
;
,
2
30C
-
500
'•
1-
25C
500
,
2
1/1- 2
^Common" (quar.)
Will
^ Baumer Candle' "Cd., c6mm6h----_—
12-20
12-
1-2
1-
2-
i2-2
1
1-2-47/
.25c
/420c
$1.06 A
—
.
•37^0
Stewart-Warner
Common
12-16
11.25
/
.
12-3
>
V">2'r
1-1.0
-
2.
,
1-15
_2__
,2,2-2222-12222222—_i
Lithograph (year-end) 122-22
Brothers, Ltd; (qUar.)-_22———
Products Engineering -Co.
(quar.)L-ii
-,Wc
(year-end)
Stores, Inc., 6% pfd.
preferred
(quar.)l
$4.25
12- 6
12-18
Year-end
Stecher-Traug
Stedman
12-10
3
Corporation————————r
12-31
Sterling Drug, 3'A % preferred (quar;) 2
Sterling, Inc.; (quar.)-2—2——'-1-22—Stevens (J. P.) & Company-—
•
Commoh (initial quar.)
--—22-1—2—2
1-U
VH- 2
B
(L. S.) ;Co. (quar.)2—22222-2——2
Street Investment Corp. "(Boston)'—
State
h
2
Wiebolat
United Merchants & Manufacturers--- "
''V
;
6 % ..preferred (quar.)
—;———
$1-25 y 1* 2 .42-15
5% preferred '(quar.)'—,2-1-2-—" ■' '$1.25 ' 4-1-47 3-17-47
5% .preferred (quar.)————.
$1.25 7-1-47 6-16-47
1- 2
United Milk Products, commonii—2-——
x.SOb
I-,2
$3 participating preferred——
$1.25
12-31
United National Corp., com. (year-end)
;
$1
12-31
Non-cum.
participating preferred (irreg.)
40c
12-20
1-10
United New Jersey RR. & Canal (quar.)—
$2.50
12-20
1- 2
United Printers '& Publishers "(qii'ar.)——; 300.
4^/2 H 12-20
;V. -Extra
—————.
- 30'c,
:'Vi-V2-v-: 12- 9
United-Rexall Drug, Inc. (Ihitlal)-——
12Wc
United-Shoe Machinery Corp., com. (quar.)_
,4-8 ' 12-17
62V2C
12-17
VV -8% ;preferred (quar.)
:_r-,—1, % 37V40
12-16
•U. s. "Finishing Co., prior pwv (acbum.)_i»^$39:
12-16
$4 convertible preferred-^—,. 680' 44v
'<"• 12-20
U. S. Foil Co.,. .7% preferred (quar.)—
$1.75 - 41K2?
12-23
13-27
U. S. & Foreign Securities, "com. (initial—
$1.30
12-23
12-27
$4.50 1st preferred "(quar.):
—.'K. $1.1214
12-27 :4 12-23
J $6 2nd. preferred (aCcum.) —V-V—•''.'■.;$6;%
12-23
43-13
50c
u, s. Freight;Co. '(yeal^end) ——;
12-20
Class
-
Starrefct
"•
*
—
,
$10C
-
Stanley
*
2
75c
(quar.) 22— —12222-2222;
Standard Radio, Ltd., class A (quar.) 2—22
Class B (quar.)__—2-2—2——2—22-2
Standard. Screw Co., common (quar.)
preferred
6%
2
1-
$1
12-24
:x-z
,
United Light & Railways Co;-i- """ :
7% prior preferred (monthly)————'
8.36%
prior preferred
(monthly) -—V—
,6% prior preferred (monthly)-.
*—
12-20
1-
»3%0
common——22
——-——V
Gas
i
;
$1
(quar.) 222—.—2-2—
"
———
Gold
United
75c
(Ohio)—Mig.
United
United
1- 2
75c
$1.50
,
(quar.)
Drill Co.' tquar.)
J2-3
•
IL.X0 2-lo-e,7
$5 convertible prior preferred (quar.)!
Whitaker- Paper Co.- (quar.)__
4—
-Extra
—-—4 .'
Wichita Water, 7% preferred (quiar.)
3-20
12-17
^
$1
,
(quar.)—
,
...
12-23
——-
.
preferred A
Paper
1-31
5c
Carbon
united Fruit Co.. (quar.)
"United Fuel Investments, Ltd.—
'6%
preferred (quar.) _——
12-20
40C'
6
participating preferred (quar.) 222—2
Participating 2-—2222222-2222-22——2
3%%
3-1
1- 2
20c-
(quar.)_22—22
common22——2.22
$3
Standard Oil Co.
Standard
;
-
82V4C
12-20
:
1-15
|6o
——.
(quar.)——
United Dyewood,' 7 % preferred (accum.)
1-15
2-1
Steamship Corp.—
(initial)
Common
12-16
12-31
&
RR.
Pacific
Extra
1- 2
20c
(quar.) 2222222222222222222
.
Standard Fruit &
Carbide
Union, Twist
;
25C
2-222222222-222-2222.
Year-end7
Union
Union
W:
12-13
1-1
712-11
/:
...75c
2.
Special, — KV^.2-:—
/"Wheeling & Lake- Erie fty. Co.
Wheeling Steel Corp., common
YS-21
42-1
.
$1.25
-
Co., common (quar.)
'
"(quar.)-V.-.:V17Vi'O
VUhion. Buflaio Mills, 5%,"2nd Pfd« taccum.)
-$3
12-20
12-21
1-
-12- 2
12-1
.
.
•'.2-4,
12-26
i
(s-a >
preferred-(s-a) 2-—:
5 r/o preferred (guar—————
/•Westmoreland, Inc. (quar.)
Weston
(George), Ltd., common (quar.)—-«
Weyeriberg Shoe Mfg. (quar;) —V—
2
4
13-31
,;Vl2-2(
;
-.1- 4
'
50C
«:.;
2
,
•Common
4z-i:
j,
■
J"l4.4
...
-50c
31V4C
preferred. A Wuap.K^.iT;2K..V*
Western Tablet k Stationery Corp.
5
2
75c
•
,4*5
,
12-1:
>
,
.
•Union,Asbestos & Rubber
12-31
1- 2
(year-end) 2
com.
Ddylit'e Corporation
:
Underwriters Trust Co. (N. Y.)
12-19
50 c
5%
..
1-13
12-30
»
fquar.)
Western Pacific RR.
12-13
'.4-. 2
5% convertible prior prbferrfed tddar.)—.'. -62%o 12-24
::'^pwin ■ Disc Clutch: Co.-Vl—1-„———1—
1
60c
1- 2
om sduth La Salle Street COrp:
(quar.)—26214c
4-1
Quarterly
V———
'
"_i—-62 Vic '
12-27
Darco, Inc.
-300
JZ-i:
;
".
«!'♦ '• "i
V.25C.. V.4-! 2
$1.50 >2
4
Cq/, •.Inc.—
—.1-—
•Common
-. -
12-13
,
ia-2(
-
"r; .1-18
$$1.75' V 1115
•
.Massachusetts, ,Cos. (quar.) 2
Western,"New York & Pennsylvania Ry.-—
.
75p
133Ac
5 %
preferred
(quar.) 22222222222——2
Standard-Coosa-Thatcher (quar.) 222——
Factors
12-14
50 c
"'
Dredging
li
~
S5b
preferred (quar.) 2
convertible preferred
12-14
$5
$1.25
37 Vic
/V;V
Twin City "Rapid" Transit-^
.
12-20
preferred ((Jua^)i-l——
$1.50 convertible
,.
12-14
1-2
$5
$1.50
6pringfield Fire & Marine Insurance Co.—
Quarterly
22-2222-222222222-222—-2212/
;Special • 22-22—22—2-22-2222-22-.
Square "D" Co;
^—-222222222222222222
Squibb (E. R.) & Sons,'$4 preferred (quar.)
Standard Chemical, Ltd.—
$1.60
12-20
12- 2*
12-1 f
Securities-rr.y _yy,_VV
& ^.Telephone
P^terred,
42-23
12-23
12-2C
12-1
,
-22*-
^22i"-.
Western
.
'•■V^:''vE*traV''Kiii2ii—
(quar.)
:Cortmoh (s-a):
12-31
12-
Light
:*<,Extra
•
1-1 V; 12-:31
12-
——r.—— ————
/
'.6%preferred',(quar.3
1
4-.44VI2I;
12-23
12T-1C
43.-1
25c
2
.preference,;(quar.)_i
Western
11-15
4-1'
preferred (quar.)_
——V $1".S0
p'roauctV/eorp. wnarj—22—:——i— V, 82 Via • 12-23
Century-Fox Film, com. (quar.)75"c '• 12-23
.42-24
>
I/Class A.-- (aqcum.)
12-16
12-
..,4-11
12-24
V.4-15
$1.50
2-
'1
12-14
12-24
V:. 2-15
;'45c
$1.1214
(year-end)
,.,t35c
$1.40
;
12-16
I,I
$1.50
?
"
12-31
.
■
2-15
".T-15V
V'V..>*V-.iK'
Twentieth
12-20
12-23
$1 '
-
Quarterly
—
Spear & Company (resumed) 222—-2
—2
Spencer Shoe Corp. (resumed)—-—-22—
Sperry 'Corporation; ,22:222222-222—
Standard
$6
;"Trico
12-20
1-15
t
■
.
$1.75
_2,
12-17
$37,Vic
,
s
1-15
1-15
34 %c
Electric, 5% pfd. (quar.)
Southwestern Life Insurance (Dallas) —
Standard
12-10
157^'0
Southwestern Gas &
Sporting Goods; Inc., 55c
12-16
12-24
35 c
.
>12-1 (
12-14
'
)[2-14
" $$1 >
V'iciass■
(arittttal) _i_n—21——i—i--——
$$T\:
V-ltVi %, Referred ' (quah) liiii—ii—ii"$$i;l2
TransrLUX Corp. (year-end)—,—.2.
•
15cTri-Cohtinental Corp., "Common (year-end)- *
" 30c
.
12-16
Vl- 2
Tradeirs Finance Corp.,"Ltd.~
sU -Class A
i anhual)
.12-30
2
Western Grocers,'Ltd., class A
.y
12-16
'
Tijaders Building Assn. Ltd. (flidat.) —L-■ ^•^$1;
r
:
13-20 K V: ' '7% ' preferred
12-6
Western Tnsui?anqe
V 40c
:-r-,5o.c"':
13-17
'."V,$ 1-75
v.f, -,—
'/ $$1.25
Co. Tquar;)—
Mortgage
TOrringtOn company (quar.) _ili——2—i—
"TdwmOtot Corp. 'tyearfendK—"-2—-i-~ii?
.
(quar.)
,0
;
12-27
-
42-20
preferred
1-
42-27
,
West VlrginlaVWater Service^VVWV-v
$4.50. preferred
(quar. )"r-^--—V——»2i.K. $1.12 V*.,
Western /Blectric Co. (year-end)
t
$1.50
12-20
12-20
■2-17'
'pYic'
12-14
$1.50
West Texas Utilities, $6 preferred (quar.)22
West Virginia, Pulp &;paper—2—--.
;
'li 2-
12J/ac
preferred; (quar.)
:'4 Vs
"A
12-20
:-T;'5tmr,
n-'
1-13
25cv
(year-end)222—2—2
Service' Co.:
Southwest
12-14
1- 2
$2"
Power—
6% participating, preferred (quar.)2222-22
Southern Pacific CO.- (quar.)2222222-222-—Southwest Ice & Dairy Products (year-end) _
Southwest Natural. Gas, $6 pfd. A (quar.)2
1
43-20
..
60C .
(monthly)i-V. S% 'preferred .(monthlyKiili—^
TOnopah Minihg
(Nevada) -i——-———
;>$40c,:-.
Tdoke, Hrbthers, Ltd; (interim)-—2
——
VTOronto Iron VfOrks, Ltd.-^ ^
" V
a.-?--'!
y$l5'c ^
.■,-b0c participating class A (qaar.)J_—__12 ,
12- 5
,,«2^C
Southern' Canada
12-10
12-10
Tip Top Tailors, Ltd. (quarj__-—_2i___-—V
Edison. Co., 7%"pfd. (monthly)U
'Toronto
(quar.)2-2-———
preferred' C
12-18
Holcteri
Payable of Rec
v
.„x.„v
y
—
class A.
Electric,
6% preferred (quar.)
West Penn Power Co;,v cpm.
12-10
'When
Share
y.
V, V.."25c'
;
..
7% ..preferred
.'
::2»/a o ;
■
: Toledo
12-14
12-28
•
12-10
^•>;v20c'";;
•
Hmken Detroit Axle fstock dividend) -i—
Tihtic Standard Mining CO.___i—-—
6%
-1- 2
—2222222222222—'—222
Ihc
Clothes,
:Extra
!'
.12-16
1-2
Spetlal.
2.2
_ 212222222— _ 2 —2 2 _ -22
B% "preferred : iquar.)i222-,2.,22::i___..2—2
Southern Advance Bag -& Baperi2r.2i_22—12
Southern California Edison Co., Ltd.— f;
5%
original preferred (quar.)—22——
7,
vt
12-21
(quar.) 22222222-22—2-—water "Co;
I'll. $l.l2ya
4 >/2 7a
preferred (quar;). 2.
South Porto Rico Sugar, common* (quar.)22
:
—
V Timely
20C
'
;
(quar.)2__.."
(quar.)l_-_2——„--'22—
Gas
West Penn
.
A
South; ipittsuurgh
EXtra
2
I -3
50C
preferred
5%
12-14
Extra
12-16
'
i-2'o
12-31
20;; 12-31
tSVC-
s-a)2222222222-22-- -22*
(initial
.
12-14
2-3
•'./',
8outh Carolina Electric ft
Common
1-
12-12
$1.25
'Tbompson, Produ'ct*s7 Inc., Com. (year-end) —
1
;
50C
Thrifty Drug Stores, common (year-end) —
$1,12 ya.
",.AVz % preferred A (qcar.)
—■—1'Thrift Stores, Ltd. (quar.) _^.L—_—-_L—-i,; .'. ,1:20c ;
83V4C
Tide Water Associated Oil, $3.75 pfd. (quar.).
12- 2
1:1
A (quar.) —
A \accum.) —
(accum.) 22222-;
Oas— ;
\
12-14
t^5C
(quar.)-22222—22;--------preferred .(quar.) 22-2—222-122222222Smith (L. C.) & COrona Typewriters, lnc.2—
Solar Manufacturing Corp.—
55c conv., pref. A (quar.*)2i—
Sonotone Corporation— .';" :
• * > // ,:.v
preferred. B
2
1-
; $3
250
4%
^4.6%
12-12,
25 c
Commoh
$1.35 convertible preferred
Sorg Paper Co., 6%. preferred
12-27
$4
.
12-16
f:V\'VV/2^V "V"
"•••"••
■
Sn<)wdrlft
12 Vic
Ohio
West
20C
-4'-- —V
Company
Oil &
West Jersey & Seashore RRv:(s-a)^
25C
•
Ektra
\Vesscm
$!..(
common
"
12-24
1-2
SL.25
prior
'
12-10
$50c-
Smith (A. O.) 'Corp.--;--~--__——
Smith (Howard) Paper •Mills; Ltd.—
:
12-24
(year-end)——-.
'Thomas Steel Col,1 common (increased)-..—
20c
preferred »(quar.)—2————
Class A preferred
(quar.)_2'_„—__2__—
Sloane-Blabon, 6% preferred A ts-a>-——~
:
V^hayeVs, Ltd.V'$3.$0 preferred (accum.Kii.i-
12-18
'
••(quar;4Jy*-i.-------
Simpson's, Ltd.; class 'Bi-----------—.
Singer Manufacturing Co." special) -:r~
Skenandoa Rayon Corp;, common2._-.--V——
5%
12-18
12-26
Co.,
Wr
Name cf
■
-
$$2.50
12-26
25c
Thew Shovel
Payable of Jlec.
Share
of Company
ioc
i:.
—
—
Pattern Co.
Simplicity
Name
Payable of Re0.
"Xouters
WKen
Per
Name of Company
'Hdtdert
When
-Per
Share
*
Monday, December 23, 1941
FINANCIAL CHRONICLE
THE COMMERCIAL &
shares
are
reserved
NOTE—The Delaware corporation
funded -deb/ at ^present
pproxirr' tely $30h<000 10-y
-re
has no
expects in the ne^-,--,'»,,*Tv>to /issue
sinking fund debentures,
" /
5%
'
•i
f -"v
f?*S
r* * ? v f-Y
f a
,
rikAY i'i -.f>
A-'r »;Vr
:
*T"** kr/Ak W-;i JW4;
r^warar.V-r ^^wW^^ibrfwSsf*
-:
V^4xb^e^S4.
^4SS3»
THE COMMERCIAL & FINANCIAL
CHRONICLE
3335
PURPOSE—.Net' proceeds
(approximately
$226,000)
will
be
used .-$0
organized
In
company vrill'result
no'
chahge
4n
Operations Arid the
corporation A public will continue to have
adequate transportation servioe. As far as
frdm Marine Midland Trust
Co., New York, in the amount of $500,000,
it now appears the interest of the debtor's
employees will not 'be Ad-'
sedurea Oy ail the snares of the
capital stock "of the Gonhectltut sub-; | verselykafiected. Our
authorization of the acquisition'Will be
granted
sidiary owned by the Delaware corporation, which loan was incurred k;
however, 'upon the same -conditions for the protection
on" 'Atig."Y9/ Ibad and is
of'employees!
payable Jan. 15, I94t. with interest at the
The transaction does not
contemplate a guarantee -or assumption-of
rate-of 5% per annum.; The funds received from this loan
were empayment of dividends or of -fixed
charges except-as stated, and will
pldyed to repay the balance due On an Indebtedness to General
not result in any increase in total fixed
charges, Such guarantees-and
Phoenix Corp.,
incurred In January,
1946, In .ConnectionWith the ; assumptions... of obligation and"
liability as Are contemplated are pro
^payment by the Delaware corporation of the purchase price of the y vided for -in the
plan, And Are not, we find, inconsistent with the
capital-stock-Of-the- Connectidut subsidiary. /It Is intended that
any .,7public "interest. No- other railroad-has
requested to -be Included in the
additional, net proceeds derived by the corporation from the
expected
transaction. The. proposed transaction will
effect
a
'partial'repayment Of
4ssuance
5%
and
sale -in
the
the
loan
Immediate
of "the
future
of
•Delaware
result
approximately
$300,000
Will
be 'applied first "to ' complete
the
the above described loan from Marine-Midland Trust
Co.
50,000 6bmmon
and
stock
will
at
the
adtiiiton, "the" corporation will
rants,:, to
,the
underwriters
,'Ea'ch "warrant
share at
entitles
prior
thereto
common
thereoi
common
of
stock
stock
substantial
stated.
at*3
the
,
Francisco
contemplated
to
-
-
sav-
Int.
p;4762.
•*«"•
;
•*
,
.
7'
public
interest, "Are
said (property,; and An the
entered herewith,
(A) • the
of
•;
-
•
conditions
for
the
not
inconsistent
with
conditions
issue
stated
herein And
and' exchange
to
company
foif 20,000
164,
505,oil
o«3, aua
$604,029
2963.
p.
The
and Exchange Commission Pas
approved the .Joint
by Sioux City Gas & Electric Co., and its
subsidiary,
Service Co., ofor liquidation and
filed
City
.City
Sioux
in
Approved—
Securities
application
dissolution
Service
cash Attd
82
will
distribute
its
assets,
of
consisting
common
shares Of "Penh-Western
and 'dissolve.—-V. ? 161, t
p; 1811.
parent
the
of
Service
latter.
$495,000
Corp,,
to
its
.
plan
Sladen-Malartic Mines,
Xtd.—Earnings—
Dec.
on
shares
$1,257,928
$924,205
■
income
Sioux
reorganization, in the form and manner described in this
report, by
12; filed- a registration- statement with the.,
the '-St,. Loqis-San Francisco
Railway with";its articles-of association
($10 ipar) common and 50,000 shares ($2 :par)
Amended; as aforesaid, of. (1) 4'shares of common stook without:
par
500 .'cumulative preferred. /If "company finds it
-necessary
to renter % value,.' which;wih he sold to the reorganization-managers at the
price
an
.--Underwriting agreement, the name of the underwriter will 'be ■ filed
7,, of v$50 At; share And subsequently, resold to the company At the -same
by Amendment.
The shares will be offered for subscription-to common
price :;andr,issued ."to the voting trustees, (2) not
exceeding 1,241,157
stockholders of record on Jan.
10, 1947, in the'ratio,of % of :a share 7.1 shares, including said 4 shares,, of common stock without
par value,
of,<nfrw -common-for each share
owned and
shares ; of-mew .prewhich ^will be .Issued ;to the voting ttrustees in reorganization-Arid, at
ferred tfdr reach share of common held.
Unsubscribed shares will be ,i. the termination of the
voting trust delivered to the benefioial owners
offered'by the compa'ny to the public.
Offering prices: 83o a com- J upon surrender of the voting-trust certificates 'issued With
"respect
mdn
share. ,ahd $10,, A preferred Share. - Proceeds will be used to
thereto, (3) not exceeding 618,597 shares of preferred stock, series A
augment capital by an Additional $300,000 and surplus by an addi
5% having a pat Value of $100 a
share, which Will be similarly issued
tional;$800,000-tOr business expansion puiposcs.—V. 163, p. -3423.
in reerganization and at the termination -of the
kt
'
5
voting -trust delivered
The
SEC
deductions^,,
Sioux City Service Co,—Dissolution
Plan
pro-
the
132,654
$1,429,816
other
,
—V.
in: the "order
pursuant
4net)w—220,743
chgs,. spec.chgs. And
Net
protec¬
the
-384,021
.
$1,125,273
in
and
the
St.: Louis-San
visions- and purposes of. the Interstate Commerce Afct, As-amended,
and Should be 'approved and Authorized under section 77 of the
a
^Bankruptcy- Act, as Amended
further that, - for the purpose of
'We-conclude «andfind fu;
acquiring
•
..■■
It^ptibliC lTidettinity Co.BfAmerica, ?Tucson, .Ariz.
Registers'wsith'SEC-*---'
->•
the
the 'properties.--of
'155,803
","'292,298
."-484,673
$1,209,073
Gross Income
to, and the acquisition thereof by, the St. LouisRailway with its articles of association amended are
by the confirmed, plan of reorganization,, will be con¬
with•, the
,
including
transfer of
217,660
296,127
512,022
,199,533
depreciation,^
Net 'earnings
Other Income
p.m», E.S.T., on-Dec. 1, 1949, Arid 5
of the' liquidation, dissolution, ,7
event
'-7 kkkk
.-
sistent
—
■
herewith,
ZZ
for
'1945
$3,954,477
1,512,409
l!759,453
'
—'
Taxes other than federal income
taxes^.,^,,..,
Prov. for'estimated Federal
income taxes^,^.,,.
Railway
San: Francisco
warrant.
per
entered
tion-of-employees, the
In
purchase war¬
10c
herein
the -order
of
share
one
unit
per
-consideration" -df
a
of
units
10,000
sell
brfwihditfr Qpfof the^ cd^dlratioii^Vi
-,7 7.
in
purchase '-at $5.75 per
the expiration -date one share of common
in
*
shares
,
price
holder
any'time .prior to
ttiay expire
50,000
warrants
offering
for
-
the
The walrafits will expire'
.stdck
sell
purchase
warrant
one
in
Provision
1945
' $4,193,867
*.«-.!■
'--v--
Maintenance
,
WARRANTS—Corporation
and
stdck
-
Co.—Earnings—
7:/"7■ !
revenues
Operation
ings in interest charges, will make provision for
sinking funds where
none now is
made, and is not inconsistent with the public interest
We-conclude And find -that, for the
purpose of consummating the
plan -of reorganization, and on the conditions stated
-
sinking-fund-debentures
repayment of
Sioux City Gas & Electric
12 Months Ended Oct." 31— :
Operating
Period—
1a
3i-d Quar. '46
-
Tons' milled
-,
;ItiCOI116
Recoverj' per
OpeiAting cost per
Operating profit
..
Net'lturreht
ton__*.
163,
;
,<
■
.'56,262
->$176,116
$3^1
$3,748
;
'«V
v
1481.
p.
lst'Quar. '46
46,988 t:i
$3,936
$3,746
'•. ♦$49,460
--
assets
♦Boss.—V.
:,v':
$102,9^2
■
•.
2nd Quar. l46
1
/;. 31,IQ6
.
;
$186,465
'
.
.$3.31
i
$3.26
$2,718
$842,221
'$830,537
$66
$837/871
-
:
.
"Scuth-Garolhia Power Co.—Earnings
'
PfcriodErtd. t)Ct.'3l—
.
^ k
» t * 4
-
m
* 3 ^
J t
•*) V
u
V
Rochester Button
•/:v On Dec.
* 11* "i -v »'
<•
Co.—Increases
16, the directors declared
^
1
v.
»v
^
^
f
V
/
^
'fc'
to
Quafterly Dividend
a
en-
pat value,
preferred
M.
Beebee has -been
ChairmAn P'f
the
executive
"
'■
Operating--
$698,682
.
$630,568
379
407
$698,275
•507,710
.102,338
.
$6,060,274
'7,134
"4,092
after
consistent
as
$630,189
1 462,565
-
$6,644,500
$6,056,182
"; 4,769,437;
4,006,878
1,010,960 -yl;024,i3o y
" 78,891
-
-
$88,227
$87i733
61,942
a
■y-55/687
'$864,103
$1,025,174
•701,674
562,477
:
I
l>he
„
...
.
111,706
$94,067
$72,915
30,312
-:30,771
CY566
190,200
712,306
J 746/880
:122,978
1,254
511,334
':
V (111,'704 Bl 716,835
—
lorig'term debt-^.
of
debt -. disct^ 'Z
$1,198,761
366,391
Z
$1,285,800
494,819
"
-
Z
"351,190
'
"7,974
34,014
'-.anr
i
.
Net income
reDort
report
Dividends
$64^322 S
—
pfd.
on
$40,890
$824,396
Wrrft
,.4
n„
$505,777
stock—
•28,573
common
.'Balance'.:
3P-~
.t
•"l
: 5.
* *•-
•v
''
'■■-V
Roofing RrodUdtsy--Inc." 1
tract
V'
^
and
the Interstate
of
purposes
Com¬
;
/
Oper.
at
Dallas, Texas/Trbm
whl
be
issued
in
appropriate
amounts
as
during-the-term "of the
t
rents
and
Income
3,059,102
(net)__
Net
income
Common
•* —
CiVs.
MM
4,856
-4,899
-»
of
'si. Aegis Rsper ;Co.—Completes'.Purchase
Of Three
53,650
26,928
2,771,569 y 5,287,088
c
47,341-56,326
-
$2,991,174
k-1,628,454
•$1;953,482
'-759,945
•
1,357,045
v!;i-Z "vsiZsT
$1.12
the Longhorn "!
r
$7,323,824
v-!;.,
~$~L84
542,'818 Shares at end
:
'379,973
l-Zt•
♦Earnings per share-iZi
on
$5,828,717
• >18,633
22,347
Z $609,455
-325,691
common: ftivs.* fstock)>-
♦Bated
$7,270,174
1,602,942
$99,124
A
$5,777,644
."51,073
12,091
610,617
-16,231
■
744,082
1,743,252
HO,776
131,533
$2,239,643
1
10,650,073
666,490
1,931,480
*"
$2;227,552r
(cash>--_
-
"11,512,189
167i293
436,326
^28,047
^$1,62(0^828
Federal income taxes---
:
2,824,218
,:495,495
'32,043
-$i>6i8,759
12,069
State income taxes---—
voting
Subs)-ZEarnings—
183,075
,
'
deductions
',$477,204
* 4946-^-3 Mos.—-i945
Zl946-^l!J !Klbfl>^1945
$5,389,474 $5,683,436 $20,019,336 $20,518,357
lies.—
Gross fnCtfme
-Voting-trust certificates repTesfehtatiVe
-5%-, »or sfefcond-mortgage bonds, series-A
conversion
—
-Net bper. revenue^«
Other 4noomei-*.Bfc«*w^
,
of preferred stock; -series
4%%, Are presented for
trust, and (c) sorip cer¬
tificates in: lieu of votihg-trusf certificates representative 'of fractional
shares':' (1) 4s Contemplated by the confirmed 'plan of reorganization,
and '('2j is met'inconsistent with the provisions a'hd pur-poses 'Of the
Interstate Commerce Act,
as amended; and that authority therefor
should ;be ' granted under -section 77 (f) cf the Bankruptcy Act, as
20.566
'-'i. y.■>.; Nil
Z $0-32
which
revenues
Deprec. expense
Oper. taxes And
when
"
$33/373'
•y
stock
En^/'Sept/lO---;
Oper. A"nd maint." exp.„
Act, as Amended; and that authority therefor should be granted
common
compahy'bas AcqUlred 'An 'Asphalt' rodffng plant -and A dry felt
26~acre
provisions
$824,396
Z-
•
.
Southeastern. 'Greyhound .Lines
Feriod
Operating
trustees of (a) Voting-trust certificates representative
1,241,157 shares of, common Stock and hot exceeding
618,597 shares Of,-preferred stock, series A '5% <b) 'voting-trust-cer¬
tificates Representative Of not exceeding 2/663,688 additional Shares 'of
St94S '•
•$53,938
r^1946
L—$662,371
Z v- ' 252,516
r>-
share_i_——
<
the
^.^rwJr——-1——w*.—i
—V. 164, 'P. 2590.
the proper performance by it of service to the
public
carrier, and which will not- impair its ability to perform
of mot" exceeding
$409,855
on -a
;
>
190,200
taxes
income
prfem. expen'seZ^-.-i.^
Other 'deduotichs——
byt'$hb Voting
depreciation-.;-.:--
—V. 164, p. 1914,
mill, located
,.
said
on
Amort,
section 77(f) of the'' Bankruptcy -Act,«as amended, and under
section 20a. of. the Interstate Commerce Act, as amended.
:v
We conclude^ ancLJtnd further 'that for
'the, same purposes the issue
A
-
...
in
in
and Ax-;J
*
Int.
under
:r
!.
Provision for-. Federal
per
.
profits
Gross
with
common
consistent: with
"
.
?:>■- Net: profit
Earned
cess
When,
service, f2) are reasonably necessary and Appropriate for such
purpose, (3) -ArAfCOntemplated by the confirmed plan of reorganization,
(4)- will be consistent with -the public interest, -and (5) Are not in¬
tlnchidiiigr'domestic Aifafcldiary)
,
3 Months EndedGet*
profit
•
enumerated
15,830
4,742,087
'
-502,400
representa¬
and
and the miscellaneous
unptesefnted old securities and'Coupons referred to fn 'said report: (1)
Are for a lawful object within its corporate
purposes, and "Compatible
with the pubttc interest, Which is
necessary and appropriate -for and
:
$6,651,634
;:'RcyaIT^cwrlter:-Cp.,:>to
Net
and
15,850
$8,158,562
"
^2,350
.
Mos'—1945
plant
Federal income
asaiunption of obligation-and liability by "it pursuant to the plan With
to ' the several series <of ~AQUipihent-trtfst certificates and 'the
merce
operating income
charges
164, p. 2734. y- : '
after
v
as
$7,901",471
;4;551,825
General vtaxes—
that
revenues^-
Z
amounts
certificates
>376,964
acquifi Aition -Adjustments—
respect
•
l946>«Mohth«4948^^-^4946»^ei)ilos.#l945
Net
Net
w
,
'
-:
Corp.—-EaXniugs
rev.-
Operating .-expenses
Oppra^ing taxesl-l—
—V.
appropriate
voting-trust
-or
$631,056
401,993
"41,770
depreciation-
of
v
'1946-^-12
$665,386
—
,
PerlpdEnd.Qct.
Operating revenues
Uncollectible oper.
5%,
1'946—MOh't'h—1946
expenses
for
Amort,
-
com-
*
-
.
.....
Vv*' several '.euarantees
guarantees
Rochester "Tetcphouc
:
Z
President,'succeeding Herman
board of-dirctorsZr Edward G,
the
issued -in
Prov."
thereof, and second-mortgage bonds, series "A 41/2%, -are pre-(sented for/conversion,
such issue pending the termination of the
voting -trust-being made to the voting trustees for delivery upon ter¬
mination-of the voting trust to the "beneficial owners; and
(b) the
elected
Russell, who "became Chairman of
Minert former ChAitman, becomes
mittee;~V; I63, .p. 1575.
1
which Will be
stock, series A
"
revenue
Operating
tive
yZ- Rochester Gas >&: Electric Corp.—rNew Presideht^Alexander
-
of
,
>
p.:-4637
■
Gros
owners,
(4)
not
exceeding $47,549,800 principal
second-mortgage bonds, series A
due Jan. l, 2022,
(5)
not
exceeding $73,385^300 principal -amount of first-mortgage
bonds, series A 4%, due Jan. 1, 1997, (6) scrip certificates in lieu
of. second-mortgage bonds-in denominations of less
than $100 and in
lieu of
first-mortgage bonds in denominations Of less than $200, -And
(7) not-exceeding 2,663,688 additional shares of common stook without
quarterly dividend of 50 cents
the-outstanding common: stock, payable Jan. "15,',1947 to
holders of record Jan. 4, -4947.
the'Company 1nv each quarter during
1946 paid a regular dividend of 25 cents
per share, and On July 15
and Oct: 15; last, Also paid extra-dividends of '75 sents
reach.—V. 164,
per share
the;Vbeneficial
amount
periods.—V; 164,
.p.
.k
$3.60
3151.
&
.
2%% dbhewtures
due Aug.. 1, 1985*Are .now avails
Trust'Co., 16 Wall St:, "New "York 15,
outstanding 'temporary debentures.—v. 164,
Bankers
for
Rularre Gas Co., Chaiiotte, N. C.
pany has-con^iieted. the/purohase-'of the three
Preferred Stock
—
Offeredr-R^SJ'Dkkson & Co. on Dec. 10 offered
per sjisir.e :6,-000 shares Of -5^% 'Cumulative
inayZ ykZy^
$50
o
preferred stock -(par $50):
Stock; Was offered to local
residents Only.
Proceeds will be h^ed for" "working cap-
y"1 (IntltidesyCorpbrate
"
Period End;:Oct.-31WS
Net rev; from ry.
oper,
$493,619
"
.
■
"
Equip, rents met)
'£
Jt.1" facility Yehtsv (neit)-'
;
■*
$64,200
-27,"598
Drl7,184
Cr2,626
-26,419
:
•
■
Net
railway oper.
Other
inc.
income—i-_—
:>yittbiS avail-,
$22,054
"4,976
•
■
charges
deficit
t$209,218
69,330
"4,167'
16,5^
"
10,783
"
!Cr22,868
'
t$63,14T
■88,621
113,810
•
fori fxd.
'
♦Fixed
k.
79"
$26,951
'
f$14,352
33,435;
;
Cit-—V, 164, P.-2963.-
'
-f$l44,055
33,424;
$6,484
•■■■
•
■
-
$422,632
..
with
v
of
Inc.
•
-
that St. Regis
50,000
stock,
many years.
Sales
follows:
y
<
.
p.
•
$1,272,000
13,
the
75
.
v
stock
1,241,157
shares
(no
stated
par)
at
k
•••*'!*.'*■
;
*'-j*'•/'
\
kf5'*
.
*••
Total
No
authorizations
are
-'m..
♦"'."A""nti.
directors
were
requested,
except
so
those
required
\--Zyyfor
''
'■'ZZZk;Z-
consummation
of
the
that acquisition of the property by the
re-
ZZ
k'
21,037
at
this
time."—V.
$1,332,364
148
1,773
.
.
.
252,450
1,773
.
-463
—Vv 164, p. 2590.
12,793
"'$72,983
$1,509,511
$1,065,349
34,358
412,296
"-$100,556
Balance:
14;918
'$134,'914
34,358
.«i
on pfd. stock-
•3,039
$38,625
v
412.296
$653,053
;:
Sontherh; New England Telephone
Co.—^Earnings'—
Period End. Oct. 31—
-T'946—Month*kl945
$3,258,755
1946—10 MbS.—1945
-4,973
1,827,964" $30,841,963 $27,126,066
12,000
38,070
120,000
Oper..revenues
$3,253,782
Oper. expenses ———
2,486.581
Operating taxes
414/806
$2,815,964 $30,803,893 $27,006;066
1,989,846
24,280.880
18,779,906
r497,707 ' 3,025,768 A 5,103,238
'
.
a
year-end
made
on
dividend
March
Dec.
of
$3
13,
20, June 20
w~'v
tdJ't^eySe^riiieS
per
1914 and
to
151, p.
•
$3,497,245
$3,122,922
207,481
2,733,853
.2,121,337
•-\
,
''
i
Period—
Gross
y;
1946
-
earnings
—
$4,645,106
4945
ICC
on
Dec.
10
authorized
Dec. 7«—*-/•
1945
$5,468,609 $255,224,483 $305,126,240
Equipment Trust Certificates—
The
1946
r
;
ZvZ
the
company to assume obligation
liability in respect of not exceeding $7,600,000 series
MM, equip¬
ment-trust certificates,-to be issued by the First National
Bank, New
York, as trustee, and sold at 99.04 and accrued dividends in
connec¬
and
proceed with the
V.
$328,411
283,667
Southern'Ry.—Estimated Gross Eafriings-—
M
■"•kWeek End. Dec. 7— ——Jan. 1 to
and
'/A ■;::k;.Ark';'kZ
14;
$352:395
charges
•
1946.1
ahd' Exchange-Commis¬
it inadvisable
164, :pp. 2325,
after
>
sion for permission to withdraw its
registration Statement because "the
V. 147, p. 2704.
1,881,699
$1,778,651"
.'
252,450
Mr. ^64,1). 2735.
Seven-Up-Texas Cofp,-7Tqf;DeteT:Offei,ing--
-Aale
148'
'deductions
dividends
86,400
630,220
,1,076,236
expense-,:
Net thcomei-—'
"
"687,549
156,807
21,037
Other
v
'
taxes^—J
on
and
$7,812,261
3,201,014
680,564
56,773.455 706,376,635 605,216,759
•'
present market for securities makes
138,256
•
long-term debtAmort. of debt discount
■
declared
each
:The ^company 'has applied
n,—
—;$251,624,630
CONCLUSIONS
plan
$50
.'wu.;;; 62,'057,850
'•
■
profits
ex»«
•
86,400
•
Net oper. inc.
cents
7,200
'$97,208
2590.
Distributions of
7,200
taxes
Operating revenues
Uncbllec. bper. reV-w^.
Scudder^ Stevens & Clark Fund, Inc.—$3 Dividend—
Dec.
3,299,744
709,163
$156,562
Net
On
57,343
income——;;—
With' the addition of the
share, payable Dec.-20, -1946 to stockholders-of record
y
.Z-———
share
»'
cess
Gross
.34.1 %rWks.^1945' Z1946--48 Wks.^1945 v
76,124,420
164,
•
•,
-
3150.
1946—4
60,215
,
acqui¬
adjustments
sition
S^oway;:;Stores, Inc.-^-Current Sales Up
-
248,189
for depreciation-^
General
<
will furnish Western jElectric
printing paper in 1947,-And
of
tons
$7,637,744
295,365
expenses——
Federal ihoome and
si- Int.
common
$566,747
Amort.''of/ plant
publication paper Will
for the publication or
Equipment trust bf 1946, as of Oct. 1/
1946—5,500;000-r-.ySePt- 20, last
First-mortgage series A, 4% bonds—
———73.385,300
Payment's In 1945 Were as follows: Marcl) 20, June -20 and Sept. 20,
Second-mortgage series A "convertible 4ya % income bonds^-J :47,549,800
75 cents Aach; And Deo. 20;
tt'ye'ar-end.6f;-.$5.25.--V. 164, p. 1763. •.
Preferred stock -series A;
(par $100).*.,
—61,859,700^
.
Prov.
purchased from Time, St. Regis Will produce the paper
printing of most of the telephone directories east of the
,-peWdd End. NoV. 30-^>
capitalization of the reorganized company, under the provisions
plan And pursuant to the pending application will be approxi¬
Equipment trust of 1942, as of July 1, 1946
a
Operating
1946—12 Mos.—1945
k $657,599
■
upon application
—V.
Common
1
Co.«-Eamings—
1946—Month—1945
Gross revenues-.-
used 4n the
■
mately as
minimum
a
Rocky-Mountains.—V., 164, "p.
obligations and liabilities-in reorganization-by the reorganized company
and for the-issue of voting-trust certificates and scrip certificates
by
voting"trustees. ••' '
.v•
Z-1 " ■ '
l
i
The third supplemental report of the Commission states in
part:
the
Southern Indiana Gas & Electric
Period End. Oct. 31—
of 'St. Regis
'Time,
.
tric CO;, -whom "it has served for
.
;:'r
of
Electric
-output bf' this^^bemtpany for the/Week ended Dec!
14, 11946,
totaled 2,340,000 kwh.,
as
compared -"with -2,211,000' kwh. ; for
the
corresponding week last year, an increase of 5.8%.—V.
164, p. 3151.
provides for-increases in annual tonnages to 76,000 tons "maximum by
1950,"
Mr. Ferguson stated. He added that this arrangement ex-»
pands !St. Regis' long-term supply of specialty paper to .Western Elec¬
of the reorganization
managers,
approved the acquisition of the properties in'-reOrganization by the re¬
organized St. Louis-San Francisco Ry. And -granted authority for the
issue of securities, including scrip certificates, And the
assumption' of
The
to
shares of »gt. Regis
"Tho contract specifies
Co.
properties
,
tons
The .St.-Regis oompany also announced the signing of new long-term
contracts with Weoo Corp., a
subsidiary of-Western Electric Co.,, to
supply large tonnages of paper for the printing of telephone directories,
InH conjunction -with this • agreement, Weco 4s acquiring -from Time,
334,302
$478,348
$47,776
of 85,000
long-term contracts
magazines. In its group.'!
t $88,330
•
334,293
Stkliouls^Saii Francisco;
Ry^Reorganization Approved
The. ICC on Deo. 4
maximum
go'under
Inc. tfnterests, 900,900
:
—
an: annual
•
Dr56,658
Cr27,821
f$20,093
*
'
——
265,959
Rrl25,733
Br9,645
Cr2,522
'-•tMder- ihe» terms bf : they purchase Agreement, part 'of St. Regis'
long-range expansion program, the company will, issue to Time, Inc.,
50,000 shares of its new 4.40% -first preferred stock and 550.000 shares'
of-.the common.stock,''..Mr. Ferguson said. "The. contract provides that
$235,776
265,127
:
"8151.
-SoRthenr Colorado Rower
Co.-^Weekly Oatpot-—
..
■
;
p.
k
This transaction Will add 180,000 tons to St. Regis' annual output of
printing, /publication and converting papers, thus doubling its present
: production of these grades. With this added tonnage, this division 'of
the company ranks equally with specification kraft paper in point of
production.
$4,312,509
; 4,076,733
($154,653
•
.rp,
Miscol. -'deducs.1
'-Net
1946—10 Mos.^l94S
■
-$13,449
•
paper^IUa^-rom'-T'fmeA.
: yyy/.
'y Zv. vZy-'Z '-i-r;
Z yyyyt .^k-: y ;:'Z
acquired >(wm. .roiv>MTr Seaboard Paper Co.,
"the .Maine
wyys
rntle Falls, Minn.,yan'd the
by St; Regis for Almost a year under a -managerial contract
with Tlttie, Inc., While Bryant has been managed 'under a similar con-
k
f
$421,652 "$4,263,596
408,203 k 4,108,943
'429,419
•
Railway -fUS: accruals—
.•
Trruatees' Aecouhts)
1946-^MOhth—1945
Railway oper. revs.:
Railway operyexps.^iii.
^
y traiot:Ma(J© Oct.-:31, 1948.
Rutland; RR.—Earnings—\
^
Br^MttyPaher Co., ,Kaia>mazoo, Migh. 'TOe first two ymiiis^ have been
operated
ital, payment.yof bank loans, etc.
•
Z:
Bjr^isipuvbhase fet.i Regis
1909;
tion
with the procurement of certain
equipment.
The report of the commission states:
The applicant offered the certificates for sale
through competitive
bidding and invited 173 investment houses, banks, and insurance
com-
bid for them, the bidders being required to name the rate
thereby in multiples of Va of 1% per annum.
to
panies
Stock
bids 'Were received, the best bid being that of
Blair & Co., Inc., of 99.04, with a dividend rate of 1 % /c, which was.
accepted. On this basis, the average annual cost of the proceeds to
the applicant will be approximately 1.95%.—V. 164, p. 3151.-,^.^
In
thereto 3
response
on
Trfasurar
Southland Products Co.) at ameeting of
following were also elected.Philip J. JRi:z-
Standen, Vice-President, with
ryl8i0.2^
the Ontario Center, . N. Y. plant, and
Vice-President in charge of western operations at Chicago, 111.,
Portland. Tenn.
Charles Garfinkel was chosen Secretary.
-
been
-2836.
Announced—
-Southland Products Co.—Successor
Co.—Earnings—
Operating
Operating
$921,327
335,202
——
(other than
Taxes
for
Provl
Net
inc.)
73,097
- ;
iM
retirements—;:;^
426
$391,184
4,818
4,968
$4,136,288
-1,471
422
•
income
:
$4,285,112
4,638
-----
—V.
L
1
Balance
164, p. 1765.
" $2,140,566 $1,212,280
-
7o
owned
.
,
Jersey) —Pays on Loan—
The company has repaid $2,000,000 on a promissory note, dated and
Issued Dec. 31, 1942, in the amount of $40,000,000 with interest at
3%. The note is due in 15 years, but can be repaid in whole or in
part at any time without premium. The $2,000,000 payment reduced
Standard Oil Co, (New
amount
164,
V.
p.
which; the
3151.
company
owes on
$268,043
183,310
.
,
;
gale
:
'
-.-Operating income-—,income
»-
•
*. r?*,
$55,154
V
.
'
•
;
16471pv2^35.
$214,335
,1
3,923,-
$984,999
^
$1,352,888
The
;
books
%y. 46,872
$1,399,760
$218,624
$1,025,582
169,092
1,692,429
1,710,784
*$49,532
$666,847
*$311,024
K*
v
'*!,Fr&"<K
v
Taylor-Wharton Iron & Steel
v
"p
19432
to subscribe for the same.
<
Co.—30-Cent Dividend-*
expenses—
inc., excess profits.;'
other Fed. .taxes
Fed.
tl,428,460
62,043
113,927
927,055
'
Net
oper.
$345,194
int.
Net
other
and
ductions
$425,792
5,356
$5,129,469
38,535
$431,148
$5,168,004
$5,074,337
72.726
251,500
1,209,838
3,152,473
$2.75,947
$179,648
$3,958,166
375,678
$1,921,864
$3,582,488
$1,546,186
*
44,856
de¬
of
—u
—
income
——
Dividends applicable
to pfd. stock————
———
-
375,678
$500,000
$1,548,329
'''
\
-
are
maintained
with
Federal
753,250
J
182,428
329,286
79,835
taxes
91,768
retirement
of
100,000
100,000
1,200,000
1,200,000
32
446
4,628
5,539
'
-—•?-
-
$367,694
11,335
$5,409,215
6,939
5,042
97,043
$427,520
$379,029
$5,414,257
,72,188
Net oper. revenue
income (net)
72,188
866,250
$6,970,763
1,544,031
69,900
$420,581
-
Other
Int. on
841,428
income.
mtge. bonds
Int.
on
debenture bonds
Int.
on
serial
$6,873,720
Amort,
of
~3~750
notes
debt
chgd. to
stock
Pref,
r—V.
4,213
div.
5,171
59,979
27,354
Crl,513
$238,169
requirements
2,348,604
■
254,458
Cr228
.v; $321,528
60,468
.
Cr8,151
$2,687,222
.
865,050
164, p. 2450,
Continental
Oil
above.—V.
156,
p.
p.
1958.
The
corporation on Dec.
dated bank
loans for
from
than
on
a
18
The $6,000,000
1947.
to
$17,000,000
stock
tional B shares of Textron
subscription
agreement
to
purchase
stated.
-
1946,
Nashua Manufacturing Co., but excluding Textron Southern,
exceed $5 a share on 1,010,692 shares of common stock, the
"will
points out.
company
The
directors
Dec.
stockholders on Dec.
■was
*>.
an
2591.
/
•
18
>
voted
:?
•;,.■
a
■•■
7'•("
50-cent dividend
payable
28 to holders of record Dec. 26.
to
-
7%
common
The last payment
initial of the same amount distributed on Dec. 21, 1943.—V. 164,
-
.
..
...
'tfw
<e.-
„
been
better this year,
(
Mr.
given to its expansion, to
and other
I
1944
.
$367,179
310,855
..:•
compensation
$187,966
164,805
earned
26,058
36,446
•64,443
50,627
$17,939
126,524
133,881
$144,463
$142,861
expenses
from operatoins
-
befdre Federal inc. taxen
Federal
1
investment
for
interest
taxes
on
.
income
umcan4cu
in
banks
in
(at
doubtful
cost),
$8,980
10,500
appreciation
is
11,000
$131,861
in
(?%■.
%•?%%%,
valuation
marxet
not
reflected
the
in
above
$
con¬
;
and
$21,654;
of
hand,
on
$200,000;
accounts
accrued,
basis of
on
March
on
which
12,
would
1946,
quotation
in
after
on
deducting
United
receivable
$74,157;
investment
market
$267,054;
accounts
$500),
dividend
common
31,
amount
allow¬
and
at
of
($2,*
stock
capital
56,076 shares,
Dec.
States
(after
receivable
cost
and $2,115,031
Federal income taK
1945,
of
be
payable, at the existing tax rate applicable to longgains, if the appreciation in vjalue had been realized
upon
sale of this
stock), $567,700; investment in British-Americaa
Tobacco
Co.
(China)
Ltd., at written-down amount established by
term
capital
Board of Directors
of Dec.
as
31, 1934 (after
of $1,499,999), $1;
reserve
investment
in and advances to a
company in the West Indies
(after
$11,238), $2; prepaid expenses and deferred charges, $5,474;
brands, trade-marks and good will, $1; total, $1,136,042.
of
reserve
^HA?HT.IES^*Account8 Buyable, $66,154; dividend
payable Jan. 15,
1946, $183,186; accrued taxes (other than Federal taxes on income),
$1,105; provision for Federal taxes on income, $15,130; capital stock
(issued and outstanding 472,500 shares of no par value), $472,500;
Potomao
v
.
capital
surplus
arising from
reduction
of
capital,
*
approved
by stock¬
holders on Oct. 31, 1945 (after
deducting dividend declared amounting
to $183,186), $844,314; deficit since May 31, 1924
(at which date th^
accumulated deficit
was
absorbed by a reduction
in value
of ther
outstanding capital stock),
(Br), $435,961;- less,
14,400 ahares
of
capital stock in treasury, at cost (Br), $10,387; total,. $1,136,042.
.
adian
is
company,
$2,998,762
noninterest
a
(payable
in
U.
S.
bearing demand
dollars)-from
subsidiary, a Can¬
note
Tobacco
receivable
Products
of.
Export
Corp.
The note receivable and the corresponding liability of the parent
company do
not appear in the above balance 6heet, having been,
-
eliminated in consolidation.
The
,
of (he ^British-American Tobacco Co.
formerly conducted in >-areas of China
which,
were under enemy control during the late war, and no information is
yet available relative to the current status of this company.
In 1943L"
principal
(China)
a
Ltd.,
reserve
reduce
-
operations
were
provided
was
book
the
amount
(charged
.
of
the
to
earned
investment
in
surplus
capital
account)
stock
of
to»
this,
to the nominal amount of $1.—V. 162, p. 2191.
company
$3,639
V 7,384
22,878
for Bond
Int. etc.
$35,728
39,009
52,214
10,695
37,623
27,021
38,299
Deprec. &
Amortization
$35,612
35,612
35,612
35,612
35,612
26,709
36,784
$87,090
96,631
112,534
178,032
221,583
177,395
138,447
118,317
262,101
months
'
-
.
172,574
-
ended
Sept., 30.
9,901
5,346
14,442
fYear
.
ended
30.—V.
Sept.
Tonopah
The
,
:
v
:
162,
line
v
meeting
a
held
on
Nov.
7,
1946,, the stockholders
approved
a
reduction of capital and partial, liquidation of this corpora¬
a result of which 90% ..of the Stock now held by each stock- <
be cancelled in exchange; for' shares of common stock of
Philip Morris & Co., Ltd., Inc., ,a;nd.,an,amount in cash.
Upon surrender of their stock'lo Bankers Trust Co., exchange agent,
16 Wall Street, New York, N.~
the?''stockholders will be entitled to
receive, for each 100 shares of:stoCk?iiov? held by them, 12.24 shares
of common stock of Philip Morris & Co. Ltd., Inc.- (fractional shares
will be evidenced by scrip); $45 in cash; and 10 'shares of stock of
as
business,
will
i
Since
the
the
capital
abandonment
company
has
stock of the
in
turn
by
the
is
of
been
operation,
handled
by
the
traffic
common
formerly-
carriers
and
by motor vehicles.
company
controlled
is owned by the borax
company-
by Borax Consolidated/Ltd.
The bonds
guaranteed as to principal and interest by
and under the trust indentures, among other
things, required the road to maintain the line and rights-of-way in
good ordeY and repair. The company states that its outstanding bonds
have been paid in full.
In 1942 the United States War Department,
requisitioned all the rail and other steel in the line for use in the war
effort.—V. 150, p, 3376.
;;\ ?•' '
_?• »'
,issued
the
•
by
connecting lines
carriers
which
serve
Nevada
by
The
of
tion,
holder
the
handled
,
rail outlet for borax orein the Death Valley district of
a
the Beatty, Goldfield, and Tonopah mining
interchange with connecting lines.
Abandonserving the mining districts, and aban¬
donment by the borax company of development of its borate deposits
in the Death Valley district in 1927, deprived the road of its principal
to
and
in
of
contract
.
primarily to provide
by the Pacific Coast Borax Co.
ment
Partial Li¬
built
was
districts
Co. above.—V. 164, p. 2450.
Nov,
of
,
owned
of Mills Completed—
Tidewater RR., Ltd.—Abandonment—
&
on
company,
The
,
.
ICC
3 issued a certificate permitting abandonment by
its entire line of railroad extending from Ludlow* :
Calif., northerly to Beatty, Nev., approximately 169.07 miles, in Sam
Bernardino and Inyo Counties, Calif., and Nye County, Nev.
Train service over the portion of the system between Ludlow an# %
Orucero, in San Bernardino County, approximately 25.68 miles, was;
discontinued on Oct. 8, 1933.
Operation of the remaining portion was;
abandoned on June 14, 1940.
the
California
plan
"
Preliminary estimates indicate that consolidated • earnings for
Including
-
Taxes
1313.
At
"
,
•;
,
Income
quidation Approved—
Southern, Inc., has been eliminated, it was
re«»
exP°rt business results in a profit, dividends
1
the
877,314
underwriter Galleher
Tobacco Products Export Corp.—P?Ian for
addi¬
business has
NOTES—-The principal asset of the wholly nwned
Expenses
See St. Regis Paper
announced that since Sept. 30, consoli¬
in the system have been reduced
all corporations
$7,000,000, the remainder of which is
term basis with only $250,000 fixed amortization required during
more
■'"
Operating
Time, Inc.—Sale
Textron, Inc.—Reduces Bank Loans—To Pay 500 Div.
Before the war,
uP°n the recently settled suit against PhUiii
oil o^Morris & Co"' Ltd" Incorporated,
communities
Revenues
178,638
•Nine
Co.—Exchange Offer—
Co.
-
the CWna
of
many
income
IZ
ance
FORMA'OPERATING STATEMENT
224,340
*1945-.-
Texon Oil & Land
PRO
.
223,239
U946
See
that
were told.
1945
1
&
$162,070
1940—
Cr4,251
$4,194,607
865,050
%
Gross
Years—
306,131
the
Net Avail.
Calendar
construct.
income.?
Net
19,126
disct.
and- exp.iU.i^—
Other int. and deducts.
Int.
46,625
3,750
■
indicates
^
Treasury bonds
is
common stock*,
on
during
(Including Wholly Ownd Subsidiary)
_
obligated, to take down and pay for $200,000 par
amount of the preferred stock on Dec. 2,
1946, and up to $200,000
par amount of the common stock on the same date, after having first
? given the holders of outstanding common stock (of record on Nov. 21,
1946) a prior opportunity by 10 days' written notice to subscribe at
the public offering price to one share of the new common stock for
each share of the outstanding
common
stock held by them.
The
underwriter is obligated to pay the company $1 for each share of
7 common stock so subscribed and
paid for by a holder of outstanding
Inc.
down
e philiP Morris stock, dividends troni
income in recent years. In addition,
°n 0
of .the
ASSETS—Cash
'
which the telephone system
150,000.
This territory is
PRIOR OFFERINGS TO STOCKHOLDERS—The
Co.,
written
CONSOLIDATED BALANCE SHEET, DEC. 31, 1945
offices maintained at War¬
by arrangement with The Western Union Telegraph
and Gloucester
&
here
increase in unrealized appreciation
solidated statement of income.
company's territory through telegraph
chiefly rural, although there are approximately 269 small
served by the company.
1,097,905
880,202
limited-term
Investments
Gross
2,069,019
re-
appropriation..
serve
Amort,
>
594,026?; 8,061,250;^7,172,484
taxes
Property
Chesapeake
The
The total population of the territory in
is situated is estimated to approximate
$1,471,287 $17,624,314 $17,191,076
company,: carried
were
were of: writing up this item, Mr.
56,076 shares of common capital stock of Philip
Morris & Co. Ltd.,
Incorporated amounted to $767,540 (after deducting
amount of Federal income tax which
would be payable, at the existing
tax rate applicable to
long-term capital gains, if the appreciation in
value had been realized
upon sale of this stock)
during 1945. Such
Co.
1946—12 Mos.—1945
1946—Month—1945
Period End. Oct. 30—
exclusive
'necessary.
01
as
saw
Operating revenues
Operating expenses
the
company
$133,963
Co.)
connections
im¬
15-year contract,
a
company
the
Light Co.—Earnings—
w
sales
for
King William,
Essex,
on
875,000 to $100,000 Annually in dividends '
be said
*^e^.^ncomc»
Provision
Telephone Co. of Virginia at Richmond, Fredericksburg, Bowling Green
and West Point.
Telegraph service is supplied from all points within
and $1,636,753 in 1945.
tAfter special deductions of $975,596 in 1946
Other
Outstanding
$380,000 '
$200,000 ?:,
$400,000
$500,000
Middlesex, Gloucester, Mathews and parts of
The system includes telephone facilities
in Caroline County,
centering around Bowling Green, which are not
directly connected with other portions of the company's system.
Local
exchange service is now supplied to approximately 3,200 subscribers.
—V. 164, p. 2194.
Texas Power &
PRESENT FINANCING
Hanover and King and Queen.
Toll
Balance
paitf
Other
telephone system of the company is located wholly in the
eastern part of Virginia;
It serves most of the territory between the
Potomac and Rappahannock Rivers east of King George Court House,
including
the
counties
of King George,
Westmoreland, Richmond,
Northumberland, Lancaster and a part of Stafford.
Company's system
also serves a substantial part of the territory between the Rappahan¬
nock and York Rivers each of Tappahannock, Including the counties
'$5,029,481
3,479
revenues-
708,333
the
allfid'iiSS? ®dn^deratl°n Is .being
Opertaing
of
telephone
since that date.
833,333
40,000
Other income
Net
Commission
*Unlimited.
-
reached
be large
Commissions
The
62,500
makes
$1,500,000,
Cost of gods sold
&
Inc.,
British-
(Including Wholly Owned Subsidiary)
Net
Corporation
1
Service
of
CONSOLIDATED INCOME ACCOUNT FOR CALENDAR .YEARS
a subsidiary of a holding company
(East Coast
which also controlled electric utility facilities In
the same territory and elsewhere.
On Oct. 2, 1945, the company
acquired these properties from East Coast, and has operated them
Public
899,659
$348,673
serve
State
will
fcompanies in parts of the territory served. About 21 years
those properties were unified under the ownership of East Coast
ago
at
war
re
of¬
BUSINESS—Company was organized in Virginia Aug.
system which it now owns and operates has
evolved from properties begun at least 41 years ago by various pred¬
tl,724,655
retirement re¬
appropriations-
were
for the
(1)
Telephones,
shares
restricted by the provisions of the mortgage.
as
The
1945.
which
years,
i /v,
?e
ecessor
163,122
Prop, and other taxes-
Property
the
stock
HISTORY
Co.—Earnings-
176,667
and
securities
plans to use the proceeds of the new
redemption and retirement of its outstanding
4V2%
preferred stock by paying the redemption price therefefr of
$103,000, and (2) for the purchase;'construction and installation pf
central office dial equipment, pole lines, v&res and cables, station' ap¬
paratus and other installations and equipment.
1946—Month—1945
1946—12 Mos.;—1945
$1,235,449 $1,236,952 $14,783,638 $14,781,033
589,045
494,111
6,590,321
6,293,905
revenues
new
_
PURPOSE—The
Transmission Co.—Secondary Offer¬
period End. Oct. 31-—
by
First mortgage bonds
stock
4,
Operating
The
Authorized
•Except
ordinary
~British-American Tobacco Co., Ltd.,
outstanding shares of the China company, had
Net profit
Common
certif*
new
Products previously
the
corporation's
in
China, Ltd., and certain assets of minor
hi?u fff 5
will be
Va,
Preferred
Corp.
,5a5ned' ^ income would be considerably
toclude
and Registrar--State-Planters Bank and Trust Co.,
Agent
ISSUANCE—Authorized
ing—Blyth & Co., Inc., on Dec. 11 completed a second¬
ary offering of 5,000 shares of common stock ($5 par)
at $20 per share/—V. 163, p. 2201.
Operating
of
^
Virginia.
securities
Texas Electric Service
Export
Morris cigarettes in most- or-South 'and "Central
that firm.
Morels
fered only to residents of Virginia.
cents per share
on the capital stock, no par value,
payable Dec. 26 to holders of record
Dec. 16.
A like amount was paid on April 11, Oct. 11 and Dec. 6, last,
and on March 8, June 8, Sept. 4 and Dec. 7, 1945.—V. 164, p. 2964.
Tennessee Gas &
five
in
!
wh^rh
Nov. 20
stock at
par ($100) and 10,000 shares of common stock (par $20)
at $22.50 per share.
The offering of the common stock
was subject to the prior right of common stockholders
13 declared a dividend of 30
The directors on Dec;
Co.
interest
Products': export business Is based
3 fSh
from
(Warsaw, Va.)—Stocks Of¬
Tidewater Telephone Co.
CAPITALIZATION GIVING EFFECT TO
>'>-•,*>■
Products
shares of Tobacco
of,30,400
Tnhfn ny I P!»an fS are }ntact> stockholders
fered—Galleher & Co., Inc., Richmond, Va., on
offered 2,000 shares of 4% cumulative preferred
Richmond,
'
Tobacco
w£afc the ch£Ulces
Wni
Transfer
?!
m
has announced the
company
/
be
owner of
informed ; 3
1 unable t0 determine the present status of that
+v.ecVa*?.e
unsettled conditions in the Orient. He added,
t?ere was 'reason to look forward with hope that that
wii1. b® an earning proposition eventually." Isolated in¬
formation which
election of Joseph. D. Peeler; Los
Angeles, Calif, as a director.
He is a member of the law firm of
Miller, Chevalier, Peeler and Wilson of Los Angeles and of Miller &
Chevalier of Washington, D. C.—V. 164, p. 2736.
The
building construction.—V. 164, p. 2194.
!' S'
n<V '
of
stockholder's
holdings
has
Peabody, .Vice-President, has been elected to the board of
it is announced by M. E. Kalette, president. Mr. Peabody,
has been associated with the Stewart company for 25 years, is in
V-M"
the
its
the
h?m
Tide Water Associated Oil Co.—New Director—
Roger
charge of all of its
the number of
ToJire
•Profit.—V. 164, p. 2836.
directors,
who
stock
^company's holdings in the China'
before
"
40,583
4,288
167,849
•Net;, loss-*-*——u,
to
are
V.-;
recoverable
$108,772
Deductions
the note to $18,000,oou.—
[ (James) Stewart & Co., Inc.—New Director-
of
1,944,952
$59,077
income.
Gross
1946—Month—1945 <1946—11 Mos.-~1945.
$1,232,878
$634,324 $9,868,056 $5,784,322
;
,
certificates
the
portance.
$3,297,841
$3,057,070
2,072,071
$397,645
212,689
revenues—
oper.
Non-oper.
Sales Increased 94,5 %—
Sterling, Inc.—November
Period End. Nov. 30
the
Exchange at
represent
business;
American Tobacco
$1,854,661 $19,131,252 $17,644,583
1,457,016
16,074,183 14,346,743
^
the
will
export
1946—10 Mos.—1945
290,570
Accrued dividends cumulative
Curb
America
$4,289^75|
2,786,899
$393,933
$333,908 $4,137,760
deductions—-i———-w—1,749,901
preferred stock—
247,291
income
Gross
Income
Net
Taxes
-819,984
v
761,763
York
458,100. shares of capital
presently outstanding.
; 771,791
776,678
$334,331
2,749
income---.
oper.
Other
574,413
...
*
"74,496
397-;
75,508
franchises.
of
Amortiz;
583,931
37,329
57,279
1
of the opinion
were on'a sounder
of the country, it could
of the project.—V. 364,
Corp.—Earnings—
$2,020,028
1,751,985
,
v,
full share of mich stock.
a
capital stock of
New
Tobacco
,
45,908
Maintenance
revenues
and
certif*
corporation was stricken from dealings oa
the opening of business on Dec. 2,
*,1946.
v '■'; '■'•«. ■ y'*
* V} '*';•.'•V:'.-;--VV*''■&;,v;
"J ']#< •<
Liquidation includes a substantial distribution of the company's
holdings of Philip Morris & Co. Ltd., Inc.,-common stock, together
with $206,145 In cash in
exchange for the cancellation of 90% of the
relations
1946—Month—1945
Operating expenses
1946—Month—1945
revenues
expense
Operating
1946—12 Mos.—1945
$827,234 $10,191,834 $10,550,039
323,400
3,928,205 K4,093,919
Southwestern Public Service
Period End. Sept. 30—
The
-
the
the project,
>r
Third Avenue Transit
Inc.
of
participating units of beneficial ownership, issued by Lawyers
be exchanged for
may
3
Olean, N. Y.
■
Period End. Oct. 31—
•
Ltd.,
form
'•;. J,oh? H. Jackson, Chairman, told stockholders that the
icate for 10
above.—V. 164, p. 3151.
Southland Frozen Foods, Inc.
Co.
the
in
agreements, certificates for 10,000
stated that the Thatcher management was
labor-management
&
be
participating units of beneficial ownership of Philip Morris stock may
exchanged for a full share of such stock, and certificates for 10
participating units of beneficial ownership of Tobacco Products stock
-
-
•
basis, thereby assuring the economic well-being
not proceed any further with the completion
P.
.See
President,
national
until
that
will
pany full shares of stock against which
issued.
Under the respective deposit
construction of the major portion of the new
up
warehouse building.
a
Mr. Pollock
and
of the company have
announced .that executive offices
moved to 160 Broadway, New York, N. Y.
Delson
Mr,
including
,?ys*°pJ
at
operations
to
Morris
Corp.
Co. as depositary.
The corporation has entered into deposit
agreements with Lawyers Trust Co. and has deposited with such com-:
announced that instructions have
Pollock,
hold
B.
issued
j
Philip
Export
be
plant which is being built adjacent to the present plant at
Construction will continue only on a small portion of
Arthur J.
Fla.;
City,
Franklin
been
at Plant
the company
of
operations
of
■
of
shares
Products
Tobacco
icates for
Delays Construction Program—
,
Vl?e-^resideniQ®"d0Pep,®
board, Executive
charge
direct
in
Manaeer
the
of
Chairman
zuto,
and
President
elected
was
(successor to
Dec. 12.
The
corporation
directors
Delson
U.
the
fractional
i; Trust
>
Inc.—Successor-
Southland Frozen Foods,
Theodore
of
15 cents per share
on
the new common stock, and the regular quarterly dividend of 60
cents
per
share- on the convertible preference stcok, both payable
Feb. 15, 1947 to holders of record Jan. 31, 1947.
,
Mr
Pollock,
President, stated that it was the intention of the
board to make the common dividend a regular quarterly dividend.
(fractional shares will be evidenced by
;v%;
r^:?-;;
■
for
Scrip
18 declared a dividend of
The directors on Dec.
Products Export Corp.
scrip).
150 Quarterly Dividend Basis—
a
on
Tobacco
Inc.—Plans to Place Common
Thatcher Glass Mfg. Co.,
> p
dividends to be borne
of
Monday, December 23, 194d>
FINANCIAL CHRONICLE
THE COMMERCIAL &
3336
latter
road
were
-company,
-
THE COMMERCIAL & FINANCIAL CHRONICLE/
Torrington Electric Light Co.—Proposed Merger-
Bee
Connecticut Power Co.
above.—V.
120,
Union Carbide & Carbon Corp.—Unit to
959. ;;:.y
p.
Carbide & Carbon
The
Chemic'ais
begin construction iri: the
—'Subsidiaryrfeiects'ftew
:
and Issues Stock
man
~
•-
"Vinylite"
Chair¬
These
-
named
Sam,
cession
to
Husbands
H.
to
the
have
will
Chairmanship of
the board in sue- ■;
Chairman of the executive
of
James
Twohy, who was made
that
corporation. At
the
tors, and R. A. Peterson,
President
elected
was
former Vice-President of Bank of America,
and
Chief
Executive
Officer
Credits, with headquarters In Los Angeles,
The
directors
of
this
issuance of $4,000,000 in
dividend
A
of
$10
$1
4%
60,000
'
,
of
for
Allied Building Credits,
throughout
V.
and
the
of
stock
common
authorized
was
Inc., maintains offices in
engaged
purchases
in
in
the
home
the
and
•Net
ac¬
anti-freeze
loss after Fed.
includes
the
of
and
construction
intangibles
program,
unit, for the
of.;a
alcohol,
extensions
industrial
designed
organic
to
solvents
increase
and
:
capacity
anti-freeze
•
,
,
It
instalment
of
is
for
9 Mos. *46
compounds.
inc. taxes______
t$3,235,491
i—_.i.—
expected
Texas, City
will
program
164,
business
services
cargo
^
Receivables —-i—, -212,63^.
;.V. inventories- i..————i/————141,5W
U.
mail
plant
is
require
the
from
of
newest
flown
in
by
estimated
an
United
Air
Cargoliners
and
two
260%
Lines
Mainliners
to
that
gain
in
Dec.
on
flew
three
in
November
19
by M.
in progress by officials of this corporation with the
Corporation and the Equitable Life Assurance
United States for large loans to ease the financial
strain occasioned chiefly by the company's recent pilots' strike, it be¬
Finance
Dec.
16.
A
nickel
new
Of
well-informed
said
source
that
TWA
Net
was
and
the
over
v
1,331,840
sult of
loans it
the
meeting
of
Constellations
the
as
stock
eale
the
of
for
from
authorization
1,000,000
additional
to
increase
3,000,000
shares.
would
to
securities
added
be
the
the
*
authorized
Proceeds
to
the
from
loans
two
164, p. 2964.
^
Union Bag & Paper
not
it
will
During
Corp.—Earnings—
$6,222,024
138,700
Prov.
$2,113,401
265,974
Fed. inc. taxes
815,000
123,000
2,315,000
V
499,241
436,836
$2.46
$2.17
$1.13
shares held
in
-
Fed.
taxes
V
the
six
made
$7,393,394
taxes—
85,773
210,000
$425,654
$1.02
$0.34
$3,643,599
$2.87
the
for
period last
same
States
Earnings—
1946—9 Mos.—1945
Balance
Sales of areonaut.l prod.,
Earns,
81,582,732 412,270,529
licensees;
Other
income
Smelting,
Refining
275,187
taxes
after
domestic
and
353,508
844,087
1,263,802
Total———
of
sales
additions
non-recurring
to
for
losses.
88,886
deprec.
and
(net)
•
on
*
and
bank
for
loans,
Fed.
319,611
222,019
595,847
726,390
com.
7,242,358
12,996,905
241,189
1,175,957
.
earnings,
of; $1
.•
the
Net
53,868
Nil
>
4,416,879
a
6,406
President
63,166
profits taxes,
(net)
L'-ii.
Cr2,530,083..
—u-i.15,746,513
Carry-back
of
unused
excess
profits credit- Crl,828,108
05,484,325
tOther credits ^.—— Crl,503,198
Cr4,913,925.
—V.
number
quotational gains, of a
gains the 11 months'.
shares
distribution; of
for the
at
and
"the
who
will
substantial portion of
continue
*v;
.1
Consulting Engineer.
directors
have
a
and
incomev———
share-.__-.
1,568,862
$0.47-
.
2,678,380
4,670,229
<
$1.39
$0.89
:
9,636,330
it
Vice-Pres¬
as
»0n 2,656,701 common-shares.- tCarry-back of 1946 net operating
'
"',V
•
$1,568,862, and for the nine months
is after giving effect to credits arising from
taxes of prior years due to the carry-back of
credit as well as the carry-back of 1946 net
,
amounting to $4,670,229,
the reduction of Federal
the unused
excess
;
declared
The
1946,
of
1946.The
amounts
to
credit
for
$1,503,198
carry-back
for
the
of
Under
to
research
the
to
ended
$3,464,285 for
by
development,
the
expenses
auarter
to
the
the
p.
3193.
$9,042,507
en-
75,259
preferred
%
balance
inven¬
for
the
amoUMtittg t t6
a
ratio
of
4.08
all
sheet
.
.
charges
as
of
and
1.—V.
both issues was par.
.
A
very
limited
old customers bought this stock, and
public offering in the usual sense of the
a
on Dec. 6 offered 150,000 shares; of cpmmom
($1 par) at $7.50 per share.
The stock is beirtg
behalf of certain stockholders.
on
time,
Oct.
J64,
p.
in
or
connection
with
-
'
o
'
-
V
this offering.
Common
stock ($l par)—.
31,
1946
shows
current
2195.
total
•
of
'
"
.
■
■
7,
stock
(par
ferred stock were issued
8,
assets
Ui;
■
Authorized
500,000shs.
7
Outstanding:
315,000 shs.
2 000
common
000 shares
$316,904,
-
of May 31, 1946, the company had an authorized capitalization,
shares of 7% cumulative preferred stock and 150,000 shares
As
of
of
1346,
was
current
liabilities
Conseauently the
CAPITALIZATION
-
/
$138,044
PROCEED3-r-This
the proceeds of this offering.
is not receiving^any of
\
On the latter date there
taxes.——
$1-,293,597 " and ~ total
to
Portland, Ore.—Stocks
NATURE OF OFFERING AND APPLICATION OF
of record Nov. 4,
stockholders
EARNINGS FOR SIX MONTHS ENDED OCT. 31, 1946
Net[CR)i<?fitii.after
Co.,
offering is being made entirely on behalf of certain selling shareholders,
of the company and the company is not selling any shares of stock
;
r.
Lumber
company
increase of three since Aug. 5, 1946.
164,
$1,854,082
———
$142,320
.,
Transfer Agent: Boatmen's National Bank of St. Louis,. Mo. Registrar:
Mississippi Valley Trust Co., St. Louis, Mo.
75,256 preferred stockholders, an increase of 154 since May 3,1946.
States \
from
experimental
and
nine
corporation had
an
$1,363,665
---:—-
$234,393
addition, 3,500 shares bf common stock are being offered bv cer¬
tain selling shareholders without underwriting to certain employee*
at $6^0 per share. ■
>
*,
"
United Utilities & Specialty Corp.—Earnings—
United
transfer
Sept. 30, 1946.—V. 163, p. 3332.
operating. loss '/ —V.
$4,913,925 for
'
..;•'
corporation
and
development costs and
amounted
nine months
awarded
covering
gineering and
tories
;•
contracts
net
1946
quarter- and
months' 'period,
Government
the
were
$1,854,082
In
Corp.—-Subsidiary Offers to Ac¬
_
>
$2,430,382
s. 1,066,717
:
States Steel
operating losses as pro¬
It was announced on Dec. 19 that the common stockholders of record
for by the Internal Revenue Code.
Net loss before giving effect
on Nov.
8, 1946, of this corporation numbered 168,166, an increase of
carry-back credits amounted to $1,762,444 for the quarter and $5,- - 734 since Aug. 9, 1946. On Aug. 9, 1946. there were
167,432 common
•728,021 for the nine months ended Sept. 30, 1946.
///-p.'' stockholders, an increase of 343 since May 10, 1946.' - /*"■*'
maximum unused excess profits credit for the year has been
proportionately, to each quarterly period and amounts to
$1,828,108 for the quarter and $5,484,325 for. the nine months' period
1,900,904
$142,320
'
vided
The
2,602,4.57
Velvet Freeze, Inc.—Stock Offered—As mentioned in
issue of Dec, 9 Scherck, Richter & Co.: and Straus
sold
to
4
.$5,032,839
155,111
$234,393
——
not
was
at : this
allocated
$3,754,986
$297,431
185,150
.
-
Price of
stock
the regular
Number of Stockholders—
profits
$4,961,244' -.$3,745,327
71,595
9,659
&: Blosser
quire Properties of Consolidated; Steel Corp.—See latter
company above.
NOTE—The net income for the quarter ended Sept, 30, 1946 amount-
Sng to
$296,256
1,175
'
our
1944.—V. 164, p. 2451.
United
loss.
;
wprd.-rV. 164, p. 1916.
regular dividend rate.; .
*
The last payment on the common stock was one of 25 cents on Oct.
14,
$3.26
$1,176,875 $14,550,608 $13,881,053
880,619
9,589,364
10,135,72®
Jist of company's
„
Net
•Earns, per
,
;
1946—12 Mos.—1943
<
164, p. 2060.
stock.
a
dividend of $1, per Share on thb
quarterly dividend of 1%% (87'/2 cents
per share)
on the
preferred stock, both payable Jan. 15, 1947, to
holders of record Dec. 27, 1946.
The company announces that the
dividend on the common stock is not be to considered as establishing
stock
common
'
Sold—
14,000 shares
(par $10Q) 2% cumulative class A preferred stock and
2,000 shares (par $100) 2% cumulative class B preferred
exc;
.
'
.
To Pay $1 Dividend on Commoii Stock—
•
60,OW*
$61,11®
The company- hascompletedthe sale of
this
Changes in Personnel—
Mixter
George
53,330
$61,379
*
$419,543
income
Valsetz
common
declared
ident; A. B. Marquand has been eleoted Vice-President' and Manager
of Metal Sales to succeed F. P.
Colcord, who has been elected Vice-:
-
~
succeed
'
'
$417,089
2,454
'
Dividends
abnormal
common
$183,131
62,014
(& Subs.) —Earnings— y
rev.
income
Gross
Chairman of the board; Francis Fiske has been elected
as
to
'
1946—Month—1945
Total", inc. deductions^.
Kuryla has been elected President to succeed N. W. Rice who
will continue
'
'
/
Net Oper. revenues—-
1,447,465
a
655»
$180,262
65,553
$76,637
revenues—$1,292,339
deducts.
875,250
oper.
Total oper.
■
1945
,
$1.53
including
these
on
£elow) represents
Secretary
vv'/'-'V"
■
H.
M.
27,161,906
..
t
/
3193.
*810,425
shs. outstdg
New President and Other
1,724,327
.
etc.
income
Total
out-1:
now
2,311,758
rearrangement &
amortization
Prov.
dividend
■
13,09®
1,756
78,800
-
$76,092/
Period End. Oct. 31—
com¬
$4,799,525 -$3,924,264
4
Without
nature.
50,000
;
——
Utah Power & Light Co.
these abnormal gains.
1,200,510
------
The
time, (see
74,484,713 356,872,896
Cr473,235
Engineering, devel., sell.
.)
and admin, expenses.
i Int.
82,702,006 413,581,605
72,920,700
__
stock.
to
conditions
retirement
Prov.
80,759,984
25,461,545
transform,
for
postwar
Plant
28,446,055
on; income^'-.-.-
Balance
unusual
of
;
>
$219,813
64,376
$172,804
46,712
'
,|4,53$
r
foreign Federal
dividends
528,765
on,
(est.)__.
and
reserves
preferred
sh.
per
1946
earnings
gross
•'
-
"l
20,707'
18,344
•
17,310
3,975
•
—
Qthcr income (net)w—m
During the 11 months ended Nov. 30, 1946, there hkve been
47,274
245,822
————
36,878
$169,385
Federal
for
—V.164, p; 598.
$145
Mining -Co.—
&
results would have shown only an insignificant balance
Prov.
taxes
♦Deficit.
10,285
23,895
$163,970
—
income
Net Income
C^
after
earns,
income
taxes
22,451
$180,762
$1.15
-
tlncluding equity in earnings of
year,
11 Months Ended Nov. 30—
Consolidated
from
others--/
to
Provision
%/'':836,80(T'\
.
Net
foreign
1
29,759
$151,519
Total income deducts,—
863,800
$3.51
—
panies not consolidated;
ton the 699,864 common shares
standing.
^Exclusive of unconsolidated equities.—V. 164, p.
(Including United Aircraft Service Corp., wholly-owned subsidiary)
less
2,537,900
-.T
share
common
l
Period End. Sept. 30—
80,369,598
leased
sales. of / companies not consolidated
amounted ' to
$4,800,000 for the 6 months to Oct. 31, 1946, compared With $1,730,000
(& Subs.)—Earnings—
28,189,948
64,053
.
-
operating revs.—
inc. from electric;plant
$19,254,000 $14,581,100
rl1._.
per
United
parts and service——
Royalties and other in-
65,213
•
1943
$376,074
116,8X>
65,955-
1944
4
$370,354
119,881
20,173
Net
addition,
♦In
for depreciation, depletion; etc.,
respectively, for the quarters ended
194&—3 Moe*—1945
—Years Ended Dec. 31—
83,541
49.145
operating exps—
Deprec, and'amortiZ—
Taxes, other than inc.
Total
■ ■ 2,302,500
Earned per dommon share_»«—. $3,17
Sept. 30, 1946 and 1945.
For the nine months ended Sept. 30, these
charges totalled $789,406 in 1946 and $1,718,490 in 1945.—V. 164,
•
revenue
Total
1945
1946
tNet profit
4Earned
p. 2327.
United Aircraft Corp.
.
.tAll owned
;
1945
$383,795
108,062
Sept. 30 '46
$304,378
-
Corp.—Earnings—
sales
fjlNet profit
charges for renegotiation of war contracts.
income
Upper Peninsula of the state of Michigan.
Operating
toarrange
United States Plywood
$1,472,954
$1.16
NOTE--^hargesagainst
-
T3.043 shs.
5,000 shs.
9 Mos. End.
period
affecting
6 Months Ended Oct, 31—
3-13,896
$1,295,664
.
.
STATEMENT OF INCOME ACCOUNT
reasons it
i$ not always
companies in exact alphabetical
order.
However, they are always as near alphabetical
position as possible* _*■
^Consolidated
*4,441,000
) * i, 78,000
—
amounted to $257,937 and $584,269,
Cost
the
'
Other income
944,678
*1,213,000
9,000
——
stock' (par $100)———:—.
amortization
months'
were
,
NOTE—For mechanical
excess
—_—.
other
♦Includes
V
$946,675
*
<
,
5,500 shs.
.
■
$1.08
5,500 sh
5,500 shs^
5,500 shs.
BUSINESS-^-Company was incorporated in Michigan, Aug.. 3, 1909is the outgrowth of earlier companies which were engaged
in the electric power and light business and in the operation of streek
railway and interurban traction lines in substantially the same terri¬
tory.
Company's name was originally Escanaba Traciion Co.
In 1919
name was changed to Escanaba Power & Traction Co. and in
1933 tw
present title.
All street railway and traction lines were abandoned in
1932.
Company's now solely engaged in the business of generating
electric energy, by water power and by steam generation, and in dis¬
tributing or selling the same in an area confined to Delta County, and
Ewing Township of Marquette County, in the south-central portion ol
treasury.
material.
and
possible
" '
Earns, per cow. share—
come
$1,229,208
436,836
"
'
series
taxes
369,000
v
——™
other
income
•
$471,536
499,241
Authorized - Oustandingr
.$1,650,000
♦.$1,533,000
.
,
Company
$7,541,528
chgs.—
$6,360,724
192,125
for
for
Net
$563,376
$2,144,217
ended Sept. 30,
1946, changes in
charges to cost of production and
selling, general and administrative expenses. The effect on net income
of these changes was not material.—V. 164, p. 1916.
148,134
$2,245,257
56,593
income
profits
1,070,000
par val.)
not be
classification
35,376
'
for
Provis.
610,000
witH
PRESENT FINANCING.
1..
into
charges for the six months ended
Sept. 30, 1946 and 1945 aggregated $485,398 and $558,248, respectively.
$2,193,592
51,665
____
—,
"u
and
Prov.
127,542
609,000
-
Depreciation
$2,078,025
income
Gross
325,290
Michigan
of
*$117,000 retired through sinking fund at Sept. 30, 1946.
by Escanaba.Paper Co."
waf con¬
the company's income for the six months ended Sept. 30,
presently determinable, the management is of the opinion
upon
is
1
profit
$2,164,498
108,545
share_______
that
—
'X'ir
$1,189,081
Series B__
Common
outstdg.
no
including
1945
1946—3 Mos.—1945
1946—9 Mos.-—1945
$11,679,282
$9,731,189 $32,317,042 $31,297,517
Cost of products sold—
7,759,937
; 6,296,180
21,346,290
19,685,304
Delivery, selling, admin,.
v
?
'
5
and gen, expenses-..,-1,725,753
1,356,984
4,748,728
4,218,819
Operating
$1,010,034
TO
1
bonds
A——————
Series
Unclassified
2*98*718
172,625
46,658
stock
per
Not
6%
income
income
tracts
Perod End. Sept. 30—
Net sales
Cther
147~698
GIVING EFFECT
mtge.- 3ya%: sinking fund
Series C, due Oct/1, 1964.^
1st preferred stock (par $50):
NOTES—While the effect of the possible renegotiation of
_
to
'
f
107~959
credits-
Fed.
shares of
up
also V.
.
74,158
taxes
Net
depleted working capital. The company is in need of money
to finance proposed equipment purchases.
("New York Times"!.—See
1
106,778
charges
for
•Capital
re¬
seeks, TWA is prepared to ask stockholders at
23
Dec.
on
capital
fcuild
Int.
32,712
400,000
Income
Prov.
Earns,
•
$1,771,341
-
First
by
proceeds, .together with $350,000 on deposit
1st
223,365
income
.
accidents,
Besides
'J
$1,661,730
1,753,260;
4 V2 %
Gross0 income
In addition to the huge revenue, losses sustained by the airline as a
result of the pilots' strike, which began on Oct. 21, the company was
eet back severely by the Civil Aeronautics
Board order on July 11,
4•
$1,008,671
underwritten
were
^
CAPITALIZATION
$830,557
-
shares
proceeds derived^from the
3l/a % sinking fiind bonds
Series C, and together with approximately $125,000 or more of the
company's funds, is expected to be applied to enlargements, improve¬
ments and modernization of present power plant facilities and equip¬
ment, including the acquisition, construction and installation of a new
steam generating unit; new steam turbine generator, new powerhouse*
and miscellaneous auxiliary equipment,
-
r 2,627,650
outstanding C% first preferred stock.
Rights to subscribe expired at 3 P.m.
indenture trustee which is a part of the
in 1944 of $1,650,000 Of first mortgage
sale
held
1,039,031
71,518
unsubscribed
PURPOSE—The net.
the
Air
ago.
rate,
5,509 shares of 4,/a% first preferred stock, Series B. was
subscription at par ($50 per share) plus accrued dividends
of
for
Corp,, Detroit, Mich.
disp. of surpl.
.
»
*
income
on
Other
-
fleet
,
Oct.
Any
Bickley,
1,341,728
income
oper.
Profit
the airline's quest for funds, say¬
ing:-."We are discussing the matter with both the RFC and Equitable.
However, no definite decision as to the details has yet been reached.'' ;
nHe declined to comment on the, amount of the loans or on terms
temporarily the carrier's
*
1, 1946 to holders of
Series A, of record Nov. b, 1946.
(CST) on Dec. 7, 1946.
1946—6 Mos.—1945
facilities
-
205,318
'—
3121.
p/
total
from
$15,819,355 $12,998,214 $29,774,800 $24,531,863
13,647,070
10,950,512
25,485,420
21,007,262
sales
Dividend
•A spokesman for TWA confirmed
grounding
4,008
>
Upper Michigan Power & Light Co.—Preferred Stock
Subs)—Earnings-
1946—3 Mos.—1945
——
«ble.
a
Sept. 30—
sales
Selling, general and administ; expenses
-
trying to borrow $40,000,000 from the RFC and $5,000,000 from Equit-
and conditions.
?;
' 'i $963,264
______________
liabilities
162,
offered
P.
387;717 a year
U. S. Industrial Chemicals, Inc. (&
Period End.
Net
are
on
assets
current
Offered—
years
freight
approximately
compared With
as
the
known
notes—————
tax
Treasury
Current
—-V.
the
A
ton-miles, up 27% in October under the
gain during November.—V. 164, p. 3152.
Cost
came
S.
Total
activity throughout the country plus increased
ton-miles last month
cargo
Reported to be Seeking $45,000,000 Loans—
of
V'/J
1346
•' ;v
$605,115
■
2194.
p.
resulted
ton-miles
[^ United
1
Nil
this
completion.—V.
express
*1,660,072 "
$1.69
*4,846,450
Nil'
-
The
same period last year,
it was announced
Manager of cargo sales.
9 Mos. '45
$2,943,327.
Discussions
30,
,
United Air Lines, Inc.—Air Cargo Traffic Up—
business.—
•Net profit after $779,693 non-recurring charges resulting from sale
property and issuance of 9,029 capital/shares to
tAfter Federal tax credit of $1,981,236. JAfter Federal tax
Reconstruction
AS OF SEPT.
-
of .non-operating
Society
AND LIABILITIES
CURRENT ASSETS
.Current assets;
com¬
plants, others being located in West Virginia Indiana, Ken¬
tucky and New York.
employees,
credit of
Federal income
for
/
plant expansion
a
depreciation, depletion, intangible drilling costs and provisku*
taxes.
fAfter provision for depreciation, depletion*
and all taxes.
tOn 185,860 shares outstanding.
♦Before
expendi¬
;
$500,443
181,005
$0.97
,
company's
Not stated $46,693,568 $25,467,776.
_
Earnings per-share
City
an
cities
32 key
some
business
construction
3 Mos. '46
—
revenue
Texas
1946—9 Mos.—1945
.
,
Carbide and Carbon
Chemicals Corp. constructed its present
City plant in the period between 1940 and 1944.
This plant
produces synthetic organic chemicals including ethyl alcohol, isopropyl
alcohol, acetone, acetic acid, acetic anhydride, ethylene glycol and
Transcontinental & Western Air, Inc;—Earnings—
Operating
which
butyl
production of
Accelerated
Sept. 30^
and
involving
program
1946-^-3 Mos.—1945
tNet
/•./The
share.
then
104, p. 2194.
-Period Ended
1945,
ethyleneamines.
air
*
LaMarque
extension
Period End. Sept. 30—
Operating "profit"—'J..* !'"$379,304' - $162,738 ' "$777,455
profit Ijiiljill'——« V" 154,454 V'^v 59,001.
/ 259,411 '
tNet;earns, per share.
•
$0.83
$0.31
$1.40
at
,,' :;v;
an
will
Texas
the
on
and is
nation
the
mortgage
land
building
t Universal Consolidated Oil Co. (& Subs.) —Earnings-
;
it
pounds and additions to the shop, laboratory and service buildings. ,-In
addition, the company expects to construct a unit for the production
/
the
quired by the present stockholders. With common capital of $6,600,000,
plus preferred stock of $4,000,000 and earned surplus of approximately
$700,000,
the
corporation
has
a
capital
structure
in
excess
of
$11,300,000.
V :
mote
between
general
a
that
manufacture of
Texas' City, Texas.
owned by the
company
plant
on
the
for
.
Building
by
location
project represents
in
erected
Expand-
announced
$15,000,000.
manufacture of
s
i
capital
be
has
units
addition'to'its
will
of
part
future
near>
an
present
a
about
begun
,
/;
outstanding 600,000 shares
stock of the subsidiary was declared. Issu¬
shares
new
Allied
the
preferred stock at $25 per
share,
per
value common
par
of
ance
of
of
Calif.
subsidiary .also increased
of
The
of
same
time, William King,"
formerly President, was named Vice- Chairman of the board of direc-
committee
its
form
ture
as
facilities
new
west
"jdifectdrs "ofAllied Building Credits, Inc., "a "sulJsidiary,
,'
resins
Corp.
.3337.
U:KU,
an
of
board
stock
of
amendment
stock were issued and outstanding.. On June
to the articles of agreement of consolidation
150,000 shares
and eliminating the authoriza¬
Pursuant ot resolutions of the
filed, increasing the authorized common stock from
(par $1)
tion
of which 1.650 shares of cumulative pre¬
and in the treasury of the company and 105,-
$1),
of the common
to 500,000 shares of (par $1)
cumulative preferred stock.
the
of
adopted on June ll, 1946, two shares of common
issued June 12, 1946 to the holders of record of ea^h share
stock on June 11, 1946.
The issuance of said additional
directors
were
common
/
**%•'
.•JZw
THE COMMERCIAL & FINANCIAL CHRONICLE
3338
shares
constituted, in effect,
effected in the foxm
stock
common
were
stock split-up, fmt for convenience was
a
A total of
stock dividend.
of a
issued.
so1
.
in
Milwaukee.
-vv/.;w'
%
,
and
was
the result of
was
Passertgeft
Mall
the underwriters
of
&
Straus
Blosser-
Taussig, Day & Co., Inc.-.
certain
Fairman
&
Co
the
in
*■■■■
Irving J. Rice & CO
Revenue
Oct.
-expenses--:.
-I|S,
Gross
load
$2,525,050
1,495,088
k,2514834
«fec. '.yv'.-y, •'
r.,...-r^
$45,694
1^188*416:
profit
Total
$462^66
•r-
24,638
income
Federal
and
$476,207
$446,178
day)
'
1,281
5409
State
.-■'r'.
taxes
income
on
m
201,500
profit
304,078
Waldorf
Tdtal
Inc. (&
$5,266,677
t Earns,
in
$1.46»
$0.32^;
$0166'
1
periods.—V. 164,
|
'
1
|
C'
l
r
v
t,'
*tlj %
Kr-',~
tj
•*
l\1'
K
stock,
■
behalf
on
1
14
letter
a
stock
of
and
notificalton
shares
300
(500
par)
redemption ch ,Feh.
moneys available in the sinking fund,
A
2%%
bonds; due Feb. I,
be made
the
at
United
Yerk, N. Y.—V. 162,
\
l94T,
l,
States
Trust
$
1
Deducts*
235,914
Gross
:
113^54,997
'
14,165,190
5,330,025
Fed.
excess
5,722,717
other
*8;928,374
Iricoine-aeductions^^s;;^;^---;'1
230,000 %
inc-
2,564,095
,
449,623
20,000
2,105,000
,
transferred
.(in.
...r
.4,372,866
*
4,154,095
.
Property retirement*
148,343
1,894,151
1,999,288
*93,761
108-559
1,321,186
1,1665721
84,166
apprcprij*tion>--
*8,948,374
599,300
*689*143
3002.
84,166
-1,010,000
1,010,000
•
-
m095
Other
oper.
revenue-—
$304,137
income" (net)—
••
"
*
468
ic
.
$263,002
2,577
$4,640,028
$3,221,465
76,402
78,502
-
'
•'
^
%
Gross
Int.
"•;
Amort,
of
utility
Int.
int.
$265,579
55,650
55,650
and
deducts,
.
»/.'-•
-•
applicable
to
1,926
154,344
$167,656
221,303
71,355
-
Cr2,212
U.
S.
^ $189*.561
pfd. stock for period—*
574,391
$2,255,365
cents
—:
directors
per
$3,113,080
—
10
!
t
cents
-
each
on
cents
30
year-end
;>
■
-
.
' '
made
were
13 voted
'*
,
-
S.
C.,
on
has
Dec.
.
Cook* Manager of the
been elected to the board
18.
of Edwin S.
;'
A;
He
company's
plant at Charleston,
of directors, it was announced
created by the recent resignation,
Hooker.—V. 164, p. 1917,
:
%
fills the* vacancy
;: " !
New Director—
V.v-':
J.
"•
.*.»,%•v.".''. .;?'
■
a special meeting held oft Dec; 12 voted
to in¬
capital stock from' 1,000;000- to 2,900,000 shares.The
par
the stock remains at $1-per share;
corporation: has filed a registration statement with the Securi¬
The
year-endT
28 to holders of record Dec.
The
number
of
shares
to
determined, but will include
be
an
sold
under
this
plan
has
undetermined number of
riot
beeft
shares to1 be
issued by the company and an undetermined number-of shares now
held by William A. Goulteiv President, and to be sold
by him. Western
will receive no proceeds from the latter sole.
'
v
,
• "CoVpot&tibrt.
;datl«n
»»*
bn deposlt—_-r_—$1,546,144 "$1,553,9131 %:%
cost
on
l,003,64d
6,773,180
1,003,646
6,578,652
(net)™—
contracts less than
*
519,660'
billings—™——
545,538
13,848,590 ;
13,752.469
—.———
.——
„
-
'-872,967
6,808,002
6,758*988
^: .1
281,973
.
'
1
.
>
282,261
$31,314,874 $31,388,095
——
-
——
Notes payable
payable'
ca
■
-
shares.—See
dividend Of
4
v
164, p. 3003.
*
"; „V v'
for"
6%
•
Jan.
1,
interest.
Union
Trust
Building,
"" •
taxes—-
434,689
443,163
aftd -repairs——
176,982
180,481
Wiscdnsm Gas
&
Eteetrlc C0,
12 Months Ended'Sept. 30-4! Total operating
Total
-
Earnings*-
,
revenuesu.,—^—
operating expenses and taxes_„
;
■
•Net
Total
operating
Earned'
surplus*froni:Get.. I,,l-938-._i%i.—i—
8,653,073
$1,195^646
revenues.
:
•
.930,636
8,384,205
4,912,610
;
(L. A.) Yotin®
19,511
-
4,300,000
Z*
./J.
'
—
J
•/ ;.-;u
2,800,000
<v
930,635
8.384,209
4,840,420 '
1-944
1943
t9G0,649
$822,912
$1,465,405
57,178'
70,093
1945"
1946
J118,505
depr.
Otal :Jnoome.
Fed.
;.
&
►
Canadian
-
vt$73,225
12,023
taxes •: HCrl26,850
;% Net profit .-—..;
$41,602
■
'
45,280
Inc. and other deducts.
$1,005,413
-
•
1.664,541
r-A-
Sprlni & Wire Corp., (& Sul>s.)--r-EaTD^i^
Quarters End. Oct. 31—
•
Other;
;
%499,4#
$31,314,874 .$31,388,095
,TotaI:
$9,522,994
6,517,581
31,302
;*
-V. 164, p. 871;
r
:
'.V1945
$9,848,719
i
revcnueS__„_—
non-operating
1946
.
surplus—principally paid-in™—
capital
i
i
158,567
153,067
40o;i39:
Capital stock (.par value $1)———
Pa.--CaIIs :
Pittsburgh, Pa..
984,458
Federal, State and -local
Excess
■
to Jan. 1, 1956, of Penn American Coal Co., at 100 and' -J
Payment will be made at the Mellon National Bank & Trust
:
trustee,
.537,456
984,458
—
1948
successor
1,764,721
508,583
,
company, successor to the Peftn American Goal Ck>;, hda called 1,
redemption on Jan. 1-* 1947, all of the Outstanding first mortgage t
serial gold bonds, series 27 to 35, both
inclusive, due serially frdm J
Co0
(est.)_
$3.9OO;OO0
1,743.494
'
1945"-
a
dividends i» 1946 to $2.10 on
also V.
$3,900,000
yea^, $400,000);_—i——r
(85%- or more completedk^^-™^——of billings on contracts less than 85%
completed over related accumulated costs—> % 1,692,011'
4,300,000 :
First mtge. sinking fund bonds, 3V4%; due I960'
Notes payable to' banks,
2y2%; due Sept. 30,
the 3
2*800,000
1940—-unsecured'' (non-current)
"
outstanding' before
1946, and compares with
one
Sundry accruals—
-i--%
Estimated additional cost to complete contracts
15
common
(incl, long-term notes
to banks
witLTn'
-payable^—J—,
Accrued salaries, wages and' commissfons-—
Federal- and
State of Pennsylvania taxes on
Accounts
Accrued- installation guaranties
18. This 4S equivalent
of eommon stock
payment brings total
old
extra
.
,
-
.
charges—_—_
Total
the) eomraon stock
on
value of
ties and Exchange Commission in connection with a
proposed offering
of'additional shares of the carrier's capital stock,
■
-
Oper. profit after
the
;i
wholly */■
of
%.*/;,
'v1.'
The stockholders at
.
.
capital stock
in
Patents i.>.———.,
Deferred
f.' "* i
«
Windsor Power House Coal Co., PittsburEfe,
Western Air Unes* Inc.—Stock Increase Ratified-^
crease
;
1946, $18,172.; JIncludiwg i
8104,823;
investment
property, plant andiequipment: (net)j-—
:
This
West Virginia Pulp & Paper
279,181
tThe reserve was charged with obsoiescenca
on
completed over related
85%
.
outstanding. 520,000 shares of
split effected Nov. 26,
of 25 cents. -• - *
extra
the
an
$1,632,847
•Extraordinary non-recurring tax benefit from' participation with
parent in consolidated Federal income tax returns.—'V.
164, p. 2737.
Theodore
$949;718
;
% $729,837 if
' 279*181 *
1949, equivaletrt to' estimated' reduction in• taxes oii y
accounts receivable
and
Income
the 260,000 shares
on
The current
of
Dec.
share on the present
stock, payable Dec.
basis
Balance
-
273,181
securities—at "cost plus accrued
interest (not in excess of quoted mkt. value)
Other
622,518
;
$1,279;468
873.341
Investments%^i——-----—— v:
WJfR, The Ooodwili Stationr Detroit—ExtrR Dividend
to
$3,687,471
150,000
191,000
253,004
Govt,
Inventories
'
the two-for-one
-
•/"
h\*
.
-
,
2592.
$3,297,867
749,844
211,127
200,000
lncomei-™!--'—-.
Exc. of accumulated
2, Feb. 15, March 15, May 15, June 15, Aug. 15 and Nov. 15, this
year, or a- total of 70 cents;
as against 60 cents in 1945.—V. 164,
The
18,442
■;r-4y>
%
income
Dividends
'
^
9t,ooQ
115,000;.
52,000
contingencies.^———.
Cash on hand and
Jan.
1
17,424
63,875
—
chgd. to construct-
Net
$4,718,530
667,800
2,492,000
,
plant
acquisition adjusts.
Other
$304,605
bonds——
-
v.^ASSETS-*«
On Dec. 12,- the directora declared/ a dividend of 10 c^ats per jthare V
on
the common stock and. the usual quarterly dividend of $2 per share
on the preferred stock, both payable Jan.. 2 to holders of record Dec* 26.
p.
income—
mtge*.
on
-ftt
601,057
.
388,00(1
1,907,083 %
393,000
196,000
BALANCE SHEET, SEPT. 30, 1946
Will & Baumcr Cairdfe Cu., Inc.-—Distribntiong—^
Distributions of
Net
for
of-war materials inventories: 1945,
On Dec. 13, the directors declared a dividend of 25 cents per share
the common stock, payable Jan. 15, 1947 to holders of record Dec.
31," 1943.
An initial distribution of like amount was made on July 15,
last, which was followed by another payment of 25 cents on Oct. 15-.—
Cr942,755
re-
198,913
,
390,673
660,000
taxes—
taxes-—™;-
l$35,000 provided- for loss
foreign subsidiary.,
on
1,/•
154,418
income
income attributable-therfto.
-
1
agent-for the 3Vz% cumulative preferred stock, series A, and
cumulative preferred stocky series B;—V. 164, jr. 3194.
"
V. 163, p.
taxes,
before special deduct.
♦Special deduction*—
Prop, and other taxesserve
374,696
normal
'Redeemed■ in"
.
profits
;
$4,731;391 *$3,8$6;fi7E V
$2495,850
261,386
■Dividends-—•
$29,306
Wichita Rlver Oil Corp.—25-Cent Distribution—
Fed.
J—'
tReversdl of unrequired balances In
reserves for
contingencies——
Westinghouse Electric Corp.—Transfer Agent—
-
$978,766 $12,295,476 $11,551,569
'
expenses—..—
inc.,.
and
$3,668,865
180,2341
* ~
applicable to first mtge.
% 4Mi•% sinking fund bonds——;.—
The Chemical Bank & Trust Co.. New York, N. Y., has been appointed
transfer
^946—12 Mos.- -1945
;-
.
expense
the 3.80%
$1,086,045
•
1944
•
Consoli-
o«t -it I
Co., trustee, 45 WaU Street. New
1946—Montlwl945
revenues-
———11
Federal excess- profits
773,944 *11,214,912
8,442,473
55,362
125,595 % Dr877,678 i
>689,143
from- net
.
21,150,943 Dr5.060.700
month
ino.
Income
Pennsylvania income taxes-—--.-'
♦Portion of redemption premium and
1,325,464- *5,884^887
ji,
Net
Payment will
Washington1 Water Power Co.—Earnings—
Period End. Oct. 31—
latter
•
Notes
Operating
Operating
as
the
to
J -1946—16 Mos.—1945
'
,
sales, less returns and alloW— $32,051,999 $38,365,126 $34,106,873
Cost of goods sold--*—,
24,841,929
29,397,865 26,234,343
Operating and general expenses
5,250,134
4,416,104
4,204,466
17.090,700 151,414,229r 159,046,202
15,826,415 158,592,136 145,691,205
10,286
'
Gross
two Lodestars
♦Deficit.—V. 164, p. 2738.
3122.
p.
llncfudes
Net
$388,000-of first mortgage series
1970, at 102% and interest.
$3,046,697
.■
524,53?- % 551,520
•
v'
-
'
Net fnc. accounted for
during
-
the. prewar '
Its annual net sales for
..
Delayed Income (net)—
A
-
CONSOLIDATED EARNINGS FOR YEARS ENDED SEPT. 30
14
102,m
to earned suvplusoii
for
1,396
•
to
addition
In
tProv.
4
■
-
„
a"s -of Sept; 30; dMO*
compared' with $23,429,779 as of Sept 36, K.
figure there were approximately $19,- •
600,090 of- orders on hand from distributors, and* for service equipment
and supplies, ■ The total backlog of orders on Sept. 30, 1946, was thus i
In excess of $43,000,000."
1946.
,
tha
with
.
(Including Wholly. Owned Domestic" Subsidiary) '
.1*
*,'■
*
1946
* '■ 1945
*699,429
Uy i>.
called
<,
'iSepti.-.30!;-v.l9'46.cr.,'.^c6mplet«tfAic<mt'ract'; orders
^
of
The company has
corporation approximately $50 per share.
On this basis,
add to the equity capital of the corpora-
fiscal years 1936 to 1940, inclusive, averaged $15,242,000, as compared.,
with net sales of $32,052,000 during-the
postwar fiscal year ended
$6.3982
amounted
8.14
*277,768; " r,264,285% ♦7,177,907
inc. (net)
authorized
stock, par
will be
the
Federal
v,-'
the
to 1,500,000 shares, par $1,
Of up" to 160,000 shares of
-$4,551,157
*174,896
Washmgttm terminal Co^-Partial Bedemption—
:
$0.4495
-
t
incomeDeducts; Irom ord. inc.
Myron-'Walker, Elizabeth N*'Hume, Theodore
Blanchard and Gladys S. Hetherlngtori, to be offered at $10.15 a share.
Billings, Olcott & Co., New York, is - named as broker.
Proceeds will
per to selling stockholders;;,1 •
>'
~
v
'!■*;
esps...*
ordinary
Extraord; cur.
—Files'with SEC—
company on Dec. 13 filed
for 7,000 shares (500 par) B
-$0.3537
5
16,267,781
16,545,549
inc. — noncommufficatrow
1—
Vi^in Pfodtfcts
The
issue
an'
E.
S.
98,35%
1946—Month—1945
Net ordinary* Income-
*,{. *
t
of
tion from about $5,000,000- to. about $8,000,000.
—
V
creatioh
directors would expect to
the
Ordinary
p. 2195;
' \
„
>
$0.3682
reconversion,
process of
-.u H
oper. revs
Gross
Walker
in
Common Stock '
increasing
$31,388,096 as of Sept. 30, 1946.
$17
one
on
all
or
net
will
877,465
1,154,014
2,463
■■
profits taxes and is after $44,700 in th'e 1945
periods reduc¬
profits tax reserve as. result of sale of certain real
425,900 shares outstanding In 1946 and 426,100 shares
fOn
in 1945
SEC
\>V
v
,
30—
(DC-4's)_.
Jan. -14
-vote
101,536
miles flown—..—
of Sept.
aircraft
Operating rev,
Net
$4,079,318
574,969
——
of Sept. 30—
employees as
aircraft—as
Operating revenues
■i
500,000
7.
Lauer, President, on Dec. 16 said in part:. "The corporation
has increased its total assets from $17,232,483 as of Sept. 30, 1940, to
$•
,
$0.53''
500,000
k: The: corporation proposes to' issue and
sell en initial series of •
?froni ^100,000 sto '160,000 "shares of the preferred stock;, On:? terms; tha$
246,318
—..—4—
Period End. Oct. 31—
taxes* Including reserved for Federal income
•
carried—..,
1946—9 Mob.—1945
excess
estate.
*•«-'
com1., shore
depreciation and
and excess
tion
—,——229,780"
per
".After
274,912
will
Westenr tTnfow telegraph
$4,335,912 $14,854,711 $12,887,831
; I39;762r'
599,316 ;
343,614'
..,
.
,
$50, of which it 16 presently contemplated that '
issued when market conditions permit for the
a program of plant improvements, reducing out- :
standing bank loans (which on Dec. 1, 1946, amounted to Sl.SOO.OOOK .
and increasing the working.capital of the corporation.
The preferred 1
stock-issue will be underwritten.
'
*
.
•«"
•
'
* '
«
•'
5,140,963
—
of
(
-$$,579s,310
•
.
stock from 962,046 shares, par $1,
preferred
84.92%
2,665,225
472,451
1,463,412
—
held for sahn-^V. 164, p. 3I93.
Sabs*)—Earnings*—
1946—3 Mos.—19451
sales
:'Net profit
$158,794
$143,987
•2,473,433
$6,006,885
Corp.-r-Plans to Increase
(Pa.)
Single-engine aircraft^—
v
(AT-6's, Stinson and Beechcraft)'.
-
293^091
$320,375
Period End. Sept. 30—
—-™
»
carried—
———_—
♦Includes
Net
;
G-4Ts
.
$7,052,744
3,329,484
purpose of financing
7 $0.0488
28,716,817
83,832,680
,
158,001,456
-1
76.78%
engine aircraft (DC-3's)—
•;•
.
and. Lodestara.^.-^.—^^———
Twin
368
$9,336,369
"
$5,506,885
1917.,
p.
approving, the
part
'
$0.0487
—
available ton
per
Number
$453,130
186
-
_
ton miles flown.———
Number of
$441,824
21,306
$430,739
45,439
»
13,941
$522,061
expense
-
_
miles Jlown
Four-enginbr
Interest
'
——
and
Daily utilization of aircraft (average hours per
■■
I_1....i.^.
income
164,
York
*
334,816
$5,710,532
1,342,212
and Create Preferred Issue—New Financing Expected—*»
212,591
*
Oper. expenses per available ton mile, flown
Percent of scheduled Service' performed—
1,064,099
375,023
810,950
$497,423
income
-V.-
5,198,062
11,742,997
7
7,738,428
•
flbwn.
miles
pounds
Revenue
$2,240,339
$2,394,777
%
r
1,253,512
$8,082,857
—
(before appropriation)—
Appropr. for conting,'losses.on invest, in capital
stock of transportation subsidiary..wiu—
common
24,562,554
:_.
factor
Air freight pounds
,
—
(before appropriation)—!.—
The- Stockholders
j-L-or--—449,242
flown
carried——...
pounds
ton
Express toii
1943
\
,
1946'
1945
$34,184,768 $34,670,454
26,101,912
28,959,922 7
■*■
—
Balance of income
v
1945
miles.
passenger
Express
1944
*1*
'
,
revenues.——'—
income
Total deductions
*
Net
1946
},y-
•
—
Passenger
31—
(COMPANY ALONE)
revenues—i———
non-operating
Gross
thereby
,
..
1,500
1,000
;•
Other
cancelled 50%
has
equipment,
flown—,
miles
passengers
Air freight
sold—___
gen.,
'
1945
31, '46
$2,838,206
goods
related
operating
Total
made.
miles
Revenue
dis¬
admin.,
be
Available' ton
Revenue
1,500
—Years Ended Dec.
10 Mos. End.
of
and
aircraft
9 Months Ended Sept. 30—
Mall
,
$4,118,508 "
$5,866,161
—
500,000
%
7
•
CONSOLIDATED COMPARATIVE STATISTICS
STATEMENT
500,000
——
•
;7
invest. in: capital
on
Operating' revenues J
3,762,190 '
$4',6l$,56S
$6,366,161
subsidiary.:
12Months Ended' Sept. 30—
Net
.
,
William F; D'oWdafl & CO..
INCOME
$8,380,698
4,628',181
Western
..
—
transportation
7
Total operating expenses /and taxes—
Coulter
will
Mail
counts, &C.
that
stateftient
new
flown
:
-
emphasized, however, that despite the • new equipment
would
ha\(e adequate transport Aircraft to
handle increased schedules.
It originally was planned to replace all
of the present fleet with the new planes; now paly a partial replace¬
7
$10,994,342
?
by
cancellations-,
2,000
EV W. P«cd & Go.——
CONSOLIDATED
Cost
the
for
7
Western
year.
Passenger seat miles- flown.—205,774,347
I, M. Simon- & Co—2,500
Sell.,
noted in
orders
this
of
DC-6 and 10 Model 240s.,
ment
$7,885,737
494,961
___
income
Total
.
approximately $6,500,000 the company's commitments for
the purchase of new equipment.
'
Western's equipment orders originally called' for 10 Douglas DC-6
four-engined transports and 20 Consolidated Model 240 twin-engined
transports.- The cutbacks lea-ve the orders currently standing at five
Mr.
of
INCOME STATEMENT
%
Average passenger revenue per passenger miles.,
2,500'
'
quarter
previous
reducing
2,000
ish
2,500
—^
less
first
Coulter
Mr.
of
Friedman/ Bfoka w & Banf-
:
.
sales,
'.
•
1,500
DeYoung, Larson & Tornga
Period-—
"
>
306,414
quarter of this year the company reported gross oper- w
1,500
3,000
Kiser, Cofta & Schumaker,
Gross
third
1,500
1,500
& •Gardner:
Co.—
<fe
Net
ating revenues of $3,356,000. This compared with gross operating revenues of $2,784,000 in the second
quarter and $2,048,000 (as adjusted)
Amott; Baker & Co., inc..
Charles E. Bailey & Go.—
Stix
stock
1945
*
$10,687,928
;
'———
Appfopr. for conting. losses
':
1946
37,791,446
——*
—
———7-——
income
said the thlrd quarter profit reflected
Reinholdt
—
Inc.
the
For
revenues
'
35,334,399
revenue—————
deductions
applicable
approximately $288,000.
"
$46,022,327 $45,677,183
—
'Balance of income™™————„.
to the first and second quarters of
the current year and the net profit from1 operations, before provision %
for Federal
taxes, for the third quarter, as adjusted,,< amounted to ;,
:
2,500
& Co.,
Lubetkin
-
Fewel & CO.—„
Claybaugh & Co.—
Seligman,
% Inc.
lose—
5,000
-
Blair F.
net
5,000
5,000'
3,000
__
Newhard, Cook & Co
Steinberg & Co.**
Mark C.
Gross
Subs.)—Earnings—
-
______
and taxes—
expenses
non-operating
Total
5,278,242
——
9,045,949
4,675,695
1—$267,037.' * "*373',730
Sept.130—'* %
revenues.—
Net operating
Total
1945 77
$4,092,039
949,213
adjustments
2,500
"White & Co.__
13,750
operating
profit.
tThis represents a reduction of $439,24tf in Ihe loss
whiCh was reported, for the first half of 1946. y.
♦Net
Shares', Shares
Scherck, Richter Coi-,—.--- 13,750
operating
Total
164',457
William A, Coulter, President,.
,
No. of
■
12 Months Ended
Total
or $706,277
'
.
Wisconsin Electric Power Co. <&
a
————706,291
—
operating expenses--.:
Consolidated
of shares to be purchased are as follows:
No. of
be
and? excess baggage revenues
190*665
revenues—————6*687,776
freight
operating
Total'
the number
and
to
^
$7,703,624
revenue
revenues
Express,
Total
a
UNDERWRITERS—The names
expected
sale,
19461 7
%
.
incorporated under present name Dec." 13,
merger or consolidation effected between
Dairy Novelties, Inc. (Mo.) and Original Double Dip Ice Cream Co.
(Mo.).
On Jan. 1, 1936 the company acquired the entire capital stock
of the Daisy Ice Cream Co., 111., which has continued to operate an ice
cream
plant and a number of retail ice cream shops in Peoria, 111.,
and- its environs.
As of Jan.. l, 1939 the company acquired the entire
capital stock- of Tompkins Ice Cream Co.- ( Wis. ), which has continued
to operate an ice cream plant and a number of retail ice cream' shops
in Milwaukee, Wis,, and its environs*
On Dec. Iy 1939 the compamy
acquired the assets and goodwill of a partnership known as Tompkins
Ice Cream Co., which operated an ice cream plant and a number" of
retail ice cream shops with central headquarters at Kansas City, Mo.
HISTORY—Company
1935
stock
the
from
Western
EARNINGS FOR NINE MONTHS ENDED SEPT. 30
Stores, Neisner Bros., Scruggs, Vandervoort & Barney, American Hotel,
York Hotel and Pope Cafeteria.
The Wieman Stores is a wholesale
customer
to
of $6,500,000; together with a bank loan of approximately
$7,500,000", Which the company expects to negotiate, will be used to "
pay off existing indebtedness and to finance' the company's equipment
and facilities expansion program now underway;
~
*
ItS the business
engaged
proceeds
minimum
210,000 shares of
•
of manufacturing
ice cream and operating a chain of Stores celling ice cream at retail.-r
In addition, the company also manufactures for use in its own stores
syrups, toppings and flavorings customarily served in connection with
sundaes, malted milks and sodas.
Company or its wholly-owned sub¬
sidiaries operate in four localities* St. Louis; Mo.; Kansas City, Mo.*
Peoria, 111., and Milwaukee, Wis., and their respective environs, and
operate a plant and a number of retail stores in each area;
Com¬
pany
and its wholly-owned subsidiaries maintain1 and operate their
own
delivery trucks.
At present, approximately 75% of the company's
dollar sales of ice cream is made through Its own retail stores and
approximately 25% of its dollar sales represent sales made at whole¬
sale.
Among the present wholesale customers are the public schools in
St. Louis and Kansas City, for use in school cafeterias.
Among the
present wholesale customers in St. Louis, are S. S. Kresge, McCrory
BUSINESS—Company is
Net
j.
Monday, December 23, 194$
•
t$843,471,;
25.173
'.iiCr842,579
;' t$26,064
$893,005
55,287
625,540
43,165
■;%%
$1,508^73.
,
67,318' %
i;061,802 %:f
" $212,268'' $379,453
*Ekrn. per*com; share.^'^%
r$o.io, .[ :■.Nil:%."
$0.52
v - $053 %•
Hf.f fChi--408,658 -shares --(no - partLoss. .^Loss- from -aalea- after--de- V'v>
829s.,'.rrducting'portion of reconversion-.expenses charged to reserve in the % ,
-
-•
Gross
income
.
Total deductions
Net
Income
i._—
-V. 164, p. 1917.;
-
$1,226,949
(430,842
$"ra6,107;',
-»■'
h''-amount of $15,507 in 1946 (and crediting $27,000%n 1945). ^Represents % >
-$SS3,095 iO!refund of prior years' income-and excess profits taxes due to carry^
-IfiO/'iOCI
back ot loss and Housed excess profits tax credit.—V. 164, p. 2003^
rV-
Volume 164'" Number'4553
$
THE COMMERCIAL & FINANCIAL CHRONICLE
3339
r.',-trr.,
State and City Department
BOND PROPOSALS AND NEGOTIATIONS
*
ARIZONA
■
on Jan. 1, from 1948 to
1963, incf.
The next highest bidder was the
j!
Bank of America National Trust
Bonds CaUed r--. Willi am T.
& Savings
Association, San FranBrooks, State Treasurer,; called
for paymfent on pec. 16* at his: of¬ cisco, for 2l4s, at a pricririf 100.711.
fice
in Phoenix,
thp following East Bay Municipal Utility District
bonds:, i \
(P. O. Oakland), Calif. ; Hv
-„
* .--O"
s*
Bond Offering —Daniel
Water improvement, Nos. 19 to
Read,
28, to the amount of $5,000. Dated Secretary of the, Board of Direct¬
ors, will receive sealed bids until
July 1, *1934. Denomination $500.
Water Supply, Nos. 9 to 22, to 11 a.m. (PST) on Jan. 14, for the
purchase of the following coupon
the amount of $14,000. Dated
July
or registered bonds, not
1938. Denomination $1,000;
exceeding
■:
:
Water Supply,' Nos, 1: to 6, to 5% interest:
the amount of $3,000, Dated
July $12,600,000;I JSecond Mokelumme
L 1938. Denomination$300, f; i
Aqueduct bonds. Due $480,•»*
tyjckenburg, ■ Ariz*'.
,,
"
,
.
-
-
'Said bonds will be redeemed at
the face amount thereof and ac¬
crued interest thereon to and in¬
cluding Dec. 16. Said bonds called
tor redemption must be surrend¬
ered
on
said -redemption
date,
ination $1,000. Dated Feb. 1, 1947.
Due on Feb. 1, $10,000 in* 1949 to
1953, and $15,000 in 1954 to 1963,
all inclusive.
be in
Rate
of
interest to
multiple of
of 1%. Prin¬
cipal and interest payable at the
County Treasurer's office. A cer¬
a
with
the
School District No. 6 warrants
approving opinion of
O'Melveny & Myers, of Los An-\ registered to and including Nov.
geles. A certified check for 3% 27/1946.
of the bonds, payable to the City
School District No. 11 warrants
Treasurer, must accompany the registered to and including Nov.
bid.
27, 1946. >
^
Hospital District
(P. O. Tulare), Calif.
7
vV
registered
4,1946.
Bond Offering—George L. Dun-
Chairman of the Board of Super¬
visors, is required.
School District No.
Tulare Local
tified check for 3% of the amount
of bonds bid for, payable to the
lap,
Secretary
Supervisors,
of
the
of
Board
will
receive sealed
Los Angeles County, Redondo
bids until 8 p.m. on Jan. 6, for the
Beach Union High School Dist.
purchase of $480,000 hospital con¬
;
(P. O, Los Angeles), Calif.
struction bonds, not exceeding 4%
Bonds
Voted
An: issue of interest., Dated Jan. 1, 1947. De¬
nomination $1,000. • These bonds
$1,133,000
site
acquisition
and
000 Feb. 1, 1948 to 1972:
building bonds, was approved at are due Jan. 1, as follows: $25,000 in 1948 to 1966, and
23,500,000 Special District No. 1, the. eleption held on Dec. 3. $
•
$5,000 in
;;. sewage disposal bonds. Due
1967.
Rate of interest to be in
Riverside County, Pato Verde
Feb. 1, as follows: $635,000 in
multiples of
of 1%. Principal
Unified Sch. Dist. (P. O.
1951 to 1986, and $640,000 in
and interest payable at the office
Riverside), Calif.
.,
y;
Offering—G.
A.
Peque-
receive
ori Dec.
.
Neff;
office.
Brown & Herrington, of Sari Fran¬
Enclose
certified
a
to the $800,/ obligations of the City. The opin¬
POO principal: amount State of Cal¬ ion of : p'Melyeny & Myers, of
ifornia San Francisco Harbor Im- Los: Angeles,
approving the valid¬
provement.1
bonds, Issue' B, ity of the bonds, will be furnished
,
which
the
op
to
successful
thedate
bidder
at
or
prior
of,
100.059,
a net
interest cost of about
Myers, of Los Angeles, ap¬
proving the validity of said bonds
be
furnished
bidder at
•
-
,
ings for the issuance of said bonds:
Enclose
a
certified check for $10,-
Board Of the state; of Cal¬ 000, payable to the City.
ifornia,;! wish to inform you that
Long Beach, Calif.
on.DeCi, 17, 1946,- at the hour pf
.g Bond Sale—The- $550,000 stadi¬
11 a.m., at my office, in the Cap¬ um
bonds offered for sale on Dec.
itol Biulding,-' I expect to make 17—v.
164, p. 3195—were awarded
,
.
public announcement of ;the con¬ to
Hill, Richards & Co., of Los
tinuance of said $800,000. sale tb
Angeles, as l^s, at a price of
the 17th day of December, J947, at
100.019, a basis of about 1.25%.
I the hour of 11 -a.m., at my office, Dated Jan.
1, 1947.
Denomination
'
'
Bufldih^>Sacr|K
*1; '
;
$1,000: These; bonds
are
due $55,-
000 from Jan.
1, 1948 to 1957. The
Contra Costa County, Oak Grove next highest bidder was Weeden
& Co., for iy4S, at a
School JDistrict (P. O. '
price of 100.01.
| ■.
-
~
Bond
Martinez), Calif*
Sale—The $80,000
bonds offered for sale
v.
R.
on
school
Dec. 16—
164, pr 2875—were awarded ,to
H. /Moulton
&c>
ment at prices to yield from 0.70%
to 1.35 % i according to maturity.
Coupon
bonds
registerable as to
both principal and interest.
Le¬
gality to be approved by Orrick,
Dahlquist, Neff, Brown & Herington, of San Francisco.
Torrance, Calif.
Bond. Offering---Sealed bids will
be received until 7:45 p.m. on Jan.
7, by A. H. Bartlett, City Clerk,
$174,000 Mu¬
nicipal
Water
District
No.
2
for the purchase of
the
National
Bank
bonds.
Interest rate is not to
ex¬
f
of
New
available.
are
Bondholders will be advised when;
are
available for coupons ?
Collier County (P. O.
,*
Everglades),
Florida
v
-
Tax Holiday Announced — The'
prior to the date of
delivery pf the bonds,- at the ex¬ Board of County Commissioners
pense of the District.
Enclose a has just issued a novel type of re¬
certified
check for
3%
of the port to the taxpayers.
It is en¬
bonds bid for, payable to the Dis¬ titled "A Statement to the Com¬
trict.
mon
Ventura County Water Works Dist.
No. 6 (P. O. Ventura), Calif, ■
<
:Las Animas * County (P. O.
Trinidad), Colo.
Bonds Offered—John :C.
Stockholders
There
are
County,
of
$150,000 airport bonds to be;
immediately refunded in the prin¬
cipal amount of $150,000, at a rate
not>exceeding 2%; .iriterest.: Said
refunding bonds to be dated Dec.
15, 1946. ; Denom. $1,000.
These
•
bonds
are
due
$15,000 from Dec.
15, 1947 to 1956. -Bonds maturing
in 1952 to 1956, will be redeem¬
able
in
$15,000
inverse
on
numerical
order;
June 15, ,1947 to 1951,
at
(Taxpayers),-!
no Preferred, of Collier
Florida."
The -report
starts off with the
nouncement
interesting
that
its
an¬
resources,
have been
so carefully conserved
during the war years that it will
have to levy no taxes for the fis¬
cal year
1946-47.
In
a
letter ad- :
"Dear
dressed
Stockholders," the/
the way in which
the affairs of! the county were
handled
during
the
year
and
brings to the attention of the
^stockholders"/ the
problems
Board reviews
which the Board has met and
plains how they
are
meeting
ex¬
them^
Escambia \County, Pleasant Grove
Sch. Dist. No. 11 (P. O. > ; S
Pansacola), Fla. ;/
:
•
/Bond Election—An issue of $20,000 school bonds will be submitted
to the voters at
held
an
election to be
Jan. 7.
on
Cook..
v
GcdnesviUef 'Fld?^
.
Bond Sale—The $600,000 water-
and
;
electric
revenue
certificates
offered for sale on Dec. 16^-v. 164,
p. 3004—were awarded to a syndi¬
cate composed of John Nuveen &
Co., Qf Chicago, Goldman, Sachs
& Co., of New York, Clyde C.
Corp., of Jacksonville, and
Pierce
the
Robinson-Humphrey
Co., of.
2.10s,: at a price of
net r interest i cost ori
2.0368%. jDated Jan. 1, 1947. De-J
nom. $1,000.
These bonds are due
Jan. 1, in 1949. to 1963/ The next':
highest bidder was Halsey, Stuart;
Atlanta,
100.559,
as
a/
par arid.accrued. interest, on, & Co., B. J. Van Ingen & Co., and
30 days' notice, of call. 7 Principal Leedy, Wheeler & Co., jointly, for
and interest payable at the Coun¬ 2.20s, at a price of
100.39, a net^
ty. Treasurer's office.
interest riost of 3.1559%.
Montezuma County, County High
;:
/Sch,Dist (Pi O.Cortez), Colo.
:
Green
V Bond
Cove
Springs,
•
•
\
Fla.
Redemption Notice—It is
Sale7 Details-—The $230,000 stated/ by W. J. - Weeks, City I
building bonds awarded recently Treasurer, that the city has elect-;
Bond
to
Coughlin & Co., of Denver—
164, p. 2596—were sold at a
price of 97.40, a net interest cost
Of about 1.93 %, as follows: $14,000
maturing $7,000 Sept. 1, 1947 and
1948, as IV4S, and $216,000 matur¬
ing Sept.. 1; $7,000 in 1949 and
1950, $8,000 in 1951 to 1953, $9,000
in 1954 and 1955, and
$10,000 in
1956 to 1971, as l%s. Interest pay¬
ed to redeem
V.
bonds Nos. 12,
able M-S,
New
on
Jan. 1, Refunding
13,
181,
256,
346,
462,
62, 88, 89, 113,
180,
187/ 198, 211,
235,
292, 295, 301,
305, 323, 343,
363, 370, 408,
422, 429, 440,
487, 497, 504,
510/ 513, 523, and 529.
M
Payable at the City Treasurer's
137,
219,
147,
224,
office
or. at
at
the
the
option of the hold'*;
Trust Co.,
Upon surrender
1, 1957 to 1971, are callable Sept. of said bonds and coupons, wheth¬
1, 1956.
Principal and interest er or not prior to date called, at
either of the above places of pay-/
(M-S)
payable at the
County
Treasurer's office. Legality ap¬ ment, the holders will be paid the;
full amount to which they would
proved by Myles P. Tallmadge, of
be entitled by way of principal
Denver.
and interest to Jan. 1, 1947. Inter¬
Otero County Sch. Dists., Colo.
est on the coupon bonds will be
Bonds maturing Sept.
_
Co., -. of San be received until 10 a.m. on Jan. 1950
to 1978, inclusive. No. bid for urer,! calls for
payment the fol¬
Francisco,, as 2% s, at a price of 7, by J. F. Moroney,
a. part of said bonds will, be conT
County
lowing .bonds and warrants: <
101.10, a basis of about;: 2.095%. for the purchase of
$200,000'school sidered and no bonds shall bear ^ School District No. 3 warrants
Dated Jan. 1, 1947. Denomination bonds. Interest rate
is not to fiess^ more-than one interest rate. The
registered to -and including Dec.
$1,000. These bonds are due. $5,000 ceed ;5%,rpayable F-A; .Denom¬
successful bidder will be furnished '4, 1946.
; -7 ^;
;V:
clipped
City's refunding !
1, 1946, to the
coupons
July
successful
ceed 6%, payable J-J. Rate to be
Angeles County> H udson Elem. in multiples of V4 of 1%. Not more
Sch. Dist. (P. O. Los
than two rates may be bid. De¬
Angeles)
";r;A■)<:?California '
"■ nomination $1,000. Dated Jan. 1,
: Bond
and Warrant Call —Ed¬
Bond Offering—Sealed bids will
1947. 'Due $6,000! from Jan.U1, ward T.
.Oberling, County Treas¬
Los
.
due
Chase
and
,
;thej Capitol
bonds
or
1949, $500,000 in 1950, as 2V2S, County Clerk, has announced that
$6,500,000 maturing Dec. 15, $500,.-^ the Board of County Commission0Q0 in 1951 and 1952, $1,000,000 in ers received sealed bids
until! 10
1953, $1,750,000 in 1954 and 1955, a.m. on Dec. 20, for the purchase
,
lh'
their
above
veny &
will
as* follows:
$1,000,000
maturing Dec. 15, $250,000 in 1948.
■
•mento, CaliiV
all
the
due Jan, 1, 1947.
1.3425%,
delivery of 'the
bonds/ at the expense of the City.
C apifo I
A certified check -for
Building, Sacrairientp,
"3% of the $1,000,000 in 1956, as 1^4s, and $l,r
Calif,
'v1; amount of the bonds bid for, pay¬ 000,000 maturing Dec. 15, 1956, as
1 %$. Interest. payable J-D. Dated
J- /"These•,bonds of; $1,000 denoirir able, to the City; is Required. ;
;,y ■
j
Dec. 15, 1946. Denomination $1,- •
Inatiori, numbered B 1701 to B
Eureka, Calif.
2500,, both ; inclusive,' maturing
000,
!!
Bond Offering—J.; C; Barkdull,.
Septal, 1969 .to; Sept. J/1976/both
Runnerup in the bidding was
inclusive, callable on or after Sep¬ City Clerk, will receive sealed a group headed by the First Na¬
bids until; 5 p.m. on Dec. 30 fori tional
tember, 197X4 as'-.; provided in; the
Bank, of New York, offer¬
the purchase of $200,000 i%% ing 100.059 fori
/authorizing/ acL/are ;• a: pbrtioril qf
$4,750,000 as 1 Us,;
harbor: of
1946
improvement arid! $3,750,000: as 1U s, fori a net
the $2,500,000 principal amount of
this Issue duly advertised and of- bonds. Dated Jan. 1, 1947, Denom. interest ' cost of about 1.379%.
$1,000. These bonds are due $10,- Third best was Blyth &
Co., and
; fered for sale bn.;Sept.; 24, - ,1946,
000 Jan. and July 1, 1949,
$10,000 associates, with a bid of 100.00.5
and the sale of this $800,000 prin¬
cipal amount was on ihat date by Jyly 1, 1950 to 1966, and $10,000 for $500,000 as 6s, the next $500,Jan! 1,1967. Principal arid inter¬ 000
public announcement - ,continued
as:3s^ and the riemaining ;$7,est payable at the City Treasurer's
to Pec. 17, 1946, at the hour of 11
500,000 as l^s, giving a net inter¬
office.- The City will furnish the est cost
of about 1.391%.
am., in my office, in the Capitol
opinion of Orrick, Dahlquist, Neff,
Building; Sacramento, Calif. f
Bonds Offered for Investment—
Brown
&
Herrington,
of
San The
"In accordance., with > the pro¬
purchasers
reoffered
the
visions: of the act authorizing the Francisco, approving the proceed¬ above bonds for ..general invest¬
/ nance
send
from
funds
•
issuance of said bonds and the di¬
rection of the State Harbor Fi-
P. Speer, City-Recorder, ad¬
vises that bondholders may now
the District. The opinion of O'Mel¬
,
.
7
;
- r Arcadia,
Fla.
Coupon Paying Agent Named—
P.
York, where funds
cisco^ will be furnished. Enclose
a certified or cashier's check for
Alameda County, Alameda Unified
Bond Offering—L. E. Hallowell,
$10,000 for each separate bid, of Supervisors.
Sch. Diet. (P. O.
Oakland), Calif. payable to the Treasurer pf East
Ran Francisco (CityandCounty) County Clerk, will receive sealed
Bond Sale— The $12,000 school Bay Municipal
bids until 10 a.m. on Dec. 24, for
Utility ! District.
California
bonds offered for sale on Dec, 17-—
the purchase of
$40,000 water
Escondido, Calif,
Bond Sale—The $8,500,000 series
v.
184, p. 3195—were awarded/to
bonds, not exceeding 4% interest.
C, airport of 1945 bonds offered Dated Dec.
Wepden & Co., 6f Los Angeles. ;-Bond Offering^
Ashley,
16, 1946. Denomina¬
Bated Dec. 15,1939, Denomination City Clerk; will receive sealed fori sale on Dec. 16—^v. 164, p. 3004 tion
$1,000. These bonds are due
$1,000. These bonds are due Dec. bids until 7:30 pini. on Jan. 8, for —were awarded to a syndicate $4,000 Dec. 16,1947 to 1956/ Prin¬
15, in 4961- and. 1962; The next the purchase of $90,000 sewer of composed of the Bank of America cipal rind interest payable at the
highest bidder was the Bank of 1947 bonds, to bear not exceeding National Trust & Savings Asso¬ County Treasurer's office.
America National Trust &
Savings 4% interest. Dated Feb. 1; 1947. ciation, pf San Francisco, Harris
Denomination $1,000. These bonds Trust & Savings Bank, of Chicago,
COLORADO
Association, San Francisco.
*
Chase
National
are due Feb. 1, as follows:
Bank, National
$3,000
California (State of)
Durango, Colo.
in 1948 and: 1949, $4,000 in 1950, City Bank, Smith,. Barney & Co:,
Bonds Sold—An issue of $25,000
JlarborlmprovementBondOf- rind $5,000 in 1951 to 1966; Rate of all of New York, Northern Trust
airport Jbonds was purchased re¬
fering Extended One Year—The interest to be in
multiples of 14 of Co., of Portland, American Trust
following letter has been made 1%. Principal arid interest (FrA) Co., of San Francisco, and the cently by the First National Bank,
public-by Chas.< G. Johnson; State payable at -the City : ^Treasurer's Seattle-First ^ National Bank J&t rind; the ; Burns National Bank,
both of Durango, jointly,
Treasurer::
office.
These bonds are general Trust Co., of Seattle, at a price of
;
i
$4 ^This letter relates
bonds
15, 1933.
.
the District Treasurer. These
bonds are general obligations of
check
for 5% of the bonds bid for, pay¬
able to th e Chairmari of the Board
31
FLORIDA
of
Bond
Dated Feb.
CALIFORNIA
No.
15, 1947.
■
-•
;:^"w:3.987.r^;■.':^
$490,000
exceed¬
Feb. 1,
payment and cancella¬
interest: payable at the office of 1947, Denomination $1,000. These
tion 3Q days after .the first publi¬
the District Treasurer, or at the bonds are due $20,000 from Feb.
cation of notice of .call,
to-wit, on
fiscal" agency of the District in 1, 1948 to 1971, and $10,000 in
or before Dec.
16, interest on all
1972. Principal and interest (F-A)
such bonds will pease from and New York City. The approving
payable at the County Treasurer's
opinion of Orrick/Dahlquist,
after said date.: .• « .•,
were to be offered for kale
Dec. 17,, 1946, at the hour of ll
©^dock a. m.; in my/office in t*ie
District
,
1, 1947. Denomination
(with- all interest coupons matur¬
ing subsequent to'that' date), for $1,000. Bidders must specify the griat, County Clerk, will
rate or rates of interest which each sealed bids uritil 10 a.m.
payment and -cancellation; If any
of the issued offered for sale shall 30, for the purchase of
of said bonds hereinabove
um¬
school bonds, to bear not
beredand described* arrihpt/pre- bearyTheintereStlnUst
tiples of Va of 1 % Principal and ing 5 % interest, Dated
sented for
_
School
18 warrants
including Dec.
'/
Nos. 33 to 29. Dated Jan.
Due Jan.
—
.
to and
-
~
er
York
paid only
Guaranty
City.
upon
presentation and
surrender of the coupons for such
interest.
Coupon bonds surrend¬
ered-for
redemption
attached /: all
must
have
maturing
subsequent to Jan. 1, 1947. Inter¬
est
ceases
on
coupons
date called.
Monday/ December 23, 1946
TH|5- COMMERCIAL & FINANCIAL CHRONICLE
3340
'
...
f
INDIANA
remainder/ about $12,000, will be cago, Northern Trust Co., Chicago,.
on 'improvements
which Continental Illinois National Bank
Bond Sale —The following 3% spent
Indianapolis, Ind.
bonds totaling $35,000, offered for will more than double the plant's 6 Trust Co., Chicago^ City National
Bond Offering —Roy E. Hick¬
; > ~.v
', 7 Bank & Trust Co., Chicago, and man, City Comptroller, will re¬
sale on Dec. 11—v. 164, p. 2875— capacity. 7/
American National Bank & Trust ceive sealed bids until 10.30
were awarded to the Havana State
p.m,
7;7/;'w Punta Gorda, Flat <• >•>•?•••. •
Co., Chicago, jointly. ; v
on Dec. 30,
Bank, at a price of 101.30, a basis
for/the purchase of
Refunding' Program Validated—
Havana, Fla.
,
■
.
'
The
$10,000 water works system bonds.
Due $1,000 from July 1, 1947
'v
to 1956.
-
.
25,000 street improvement bonds.
Due $2,500 from July 1, 1947
>
'to^. 1956.
'
These: bonds
are
dated July
1,
Denoms.
1946.
$1,000 and $500.
The
next
highest
bidder was
Leedy, Wheeler & Co., at a price
gram,
Largo, Fla.
Court
decision
Orders
was
Debt
«
""77:
■
Retired—A
handed down recent¬
ly at Tampa by Federal District
Court Judge William J. Barker,
ordering the above town to levy
and collect sufficient taxes to pay
off
$400,292 worth of bonds and
by L. W.. Dempsey,
interest held
{program
to pay Mr. Dempsey;.
Henry C. Tillman, Tampa attor¬
ney representing the Town, said
he
interpreted the decision to
mean
levy
that Largo
would have to
millage of 22 mills annu¬
ally to pay off the bonded debt to
Mr. Dempsey.
Mr. Tillman also
said he interpreted the. ruling to
mean that the Federal Court order
authorizing additional tax millage
was
a
in addition to
a
Purchased—The follow¬
recent Pinel¬
means
'
that the Federal Court order spe¬
cified that the millage was to pay
off Mr. Dempsey's bonds only. He
announced he would appeal the
-
,
$395,000 road improvement bonds.
7; Due Jan. 15, in 1948 to 1962.
245,000 airport bonds.
Due Jan.
15, in .1948 to 1962.
55,000 park bonds. Due J an. 15,
;
75,000 health center bonds. Due
Jan. 15, 1948 to 1962.
55,000 sewer bonds. Due Jan. 15,
Court of
to
the
Federal
Circuit
Appeals..
y: current
"Iowa V;.
150,000 water works bonds. Due
Jan. 15, 1948 to 1962.
Health bonds.
Issued for the Department of
Public Health for general De¬
partment of Public Health
purposes, payable from the
facilities bonds will be submitted
held
Dec.
an
28.
election to be
Dated
April 1,
$500. These
bonds will mature $500 from April
1947.
Gn
Denomination
1, 1948 to 1967.
bonds.
t
Boise
City Independent
School District, Idaho
'
Bond Sale—The $750,000; series
L of
for
1947, school bonds offered
sale on Dec. 18—v, 164, p. 3004
—were
awarded
to
a
syndicate
composed
Bank of
&
-
Florida National Bank and Clyde
C. Pierce Corp., both of Jackson¬
ILLINOIS
ville, jointly; as 1.90s, at a price
of 10Q,.188, a basis of about 1.884%.
Dated Feb. 1, 1947. Denomination
:$1,000. ' These bonds are " due on
Chicago Sanitary District (P. O.
7
pay
off the $67,000 balance of
an
old RFC loan for plant construe-
tion,. at 50 cents
on
the dollar. The
Public
of
the
Department
Public Health,
of
^
for sale on Dec. 11^-v.
best
bid
was
an
offer
100.1479 for 2s, tendered by the
First National Bank, Chicago, Har
ris-Trust & Savings7 Bank, Chi-
Ranson-
Davidson Co., and Columbian Se¬
curities Corp., of Topeka, jointly,
at
price of 100.638, a basis of about
Dated Dec. 1, 1946. De¬
1.135%.
$1,000.
nom.
These bonds
are
due
in 1948 to 1957,
bidder
The next highest
the Small-Milburn Co.*
was
the
City National Bank &
Co., Kansas City, jointly, at
price of 100.538,
Trust
a
LOUISIANA
Louisiana State
University and I
Agricultural and Mechanical
College {P. O. Baton Rouge), 1
of
•
of the De¬
Louisiana
Sale—The
Bond
ries
of
1947,.
$3,500,000
building
se¬
revenue
bonds offered for sale on Dec. 19
164,
—v.
3005—were awarded to
p.
syndicate headed by Blyth &
Co., of New York, at a price of
par, a net interest cost of 2.677%,
a
,
1950 to 1952, as 4s, $1,610,000 ma^
turing Jan. 1, $80,000 in 1953, $95,000 in 1954 and 1955, $85,000 in
1956, $90,000 in 1957, $140,000 in
1958 and 1959, $290,000 in 1960,
$295,000 in 1961, $300,000 in 1962/
as 21/2S,
and $1,625,000 maturing
Jan. 1, $305,000 in 1963, $315,000
in 1964, $330,000 in 1965, $335,000
in 1966, and $340,000 in 1967, as
2%s. Dated Jan. 1,1947. Denom.
•
$100,000.
y
and for the
'
Land Damage, Series One, Nos.
LD1/LD2,
$21,000.
to
the
amount
fied that
same
are
$1,000,
noti¬
of the
should be presented
Works; and
election to be held on Jan. 28:1
750,000 sanitary sewer bonds://
Union Parish
:
Ind,
{Notes ;OHered^M.r Vv. Baileys
Business Director of the Board of
School / Commissioners,
sealed bids until noon
received
on Dec. 20,
for the
purchase of $180,000 tem¬
porary loan notes, at not exceed¬
ing 6% interest. /Dated Dec. 31,
These notes are due
1946.
June
Consolidated1
i'Sch. Dut. No. 1 (p.
7.
Farmerville), La.
o.:xxm
'
'
7 Indianapolis School Cityi
sion construction bonds.
i
=
warrants and the interest thereon.
7
$1,408,000 storm drainage exten-
will be collected and enforced in
19477 has been appropriated and
pledged to the- payment of the
amounting to $2,158,000 will
at the
be submitted to the voters
Sanitation
City.; A sufficient amount
proceeds from taxes which
of the
s
^
Monroe, La.
Bond Election — The. following
•
bonds
der the
Public
1
•
and benefit of the
Sanitary District of the City, un¬
jurisdiction of the Board
;of
of
Holders of said bonds
use
maturing
1, $55,000 in 1949, $70,000 in
Jan.
.
,
follows: For $265,000
as
-
r
of
164, p. 3005
the
to
awarded
were
iy4%
,
Bond Sale—The
ond
Kan.
hospital bonds offered
municipal
30,000 Tuberculosis Fund bonds.
use
..
Health
Refunding, 1 % %, Nos.
partment of Public Health for
G201/G300, to the amount of
tuberculosis prevention pur¬
$100,000.
s
poses, payable from the cur
Series H, Refunding, 1%%, Nos.
rent revenues and taxes lev¬
H1276/H2550, to the amount of
ied for the Tuberculosis Fund
$1,275,000.
<
of the Department of Public
Series
2, Construction, 2*4%,
Health.
Nos. 5841/6050, to the amount of
These warrants are due May 10,
$210,000.
7-777/
7 1947.
Legal opinion as to legality
Series 3, Construction, 2%%,
of the issue will be furnished by
Nos; 9211/9260/ to the amount of
the
Department of Law of the
$50,000.
; "
.
City.
Series 4^ Construction, 1%%,
Mr. Hickman will also receive
Nos. 10106/10155; to the amount of
sealed bids at the same time for
$50,000.
- >
the purchase of $200,000 sanitary
7 Series
5, Construction, ^1SA %,
Nos. 11081/11160/to the airiount district temporary loan'warrants,
not exceeding 4% interest.
These
of $80,000.^/■
7??;bonds are due May 10, 1947, and
; Series '
6, "Construction, 1%%,
will be issued in the name of the
Nos. 12501/12600, to the amount of
City acting for and in behalf of
,
I: Bond Sale—The $500,000 school
sale
bonds offered for
to
&
Dec,-17
on
awarded
syndicate composed of Scharff
Jones, of New Orleans, Equita¬
—v.
164, p. 3196—were
a
ble
Securities
Corp.,
Barrow,
Leary
&
Co.,
of Shreveport,
Kingsbury & Alvis, Glas & Co., G.
Price Crane Co., Weil & Arnold,
Payable at the office of Kohlmeyer, Newburger & Co., all
the Treasurer of the Board.
of New Orleans, Rapides Bank &
Trust Co., of Alexandria, John
Madison, Ind.
Bond Offering —r Catherine E. Dane, of New Orleans, Felix M.
Rives, of Shreveport, and White,
Wildman, City Clerk - Treasurer,
30, 1947.
will
receive
sealed
bids until 2
(CST) on Dec. 31, for the
purchase of $14,000 equipment of
1946 bonds,
not exceeding 3%
interest.
Dated
Oct.
15,' 1946.
p.m.
Hattier .&
nom.
New
Or¬
$1,000. These bonds ate due
1949 to 1967.
^
$500.
These bonds are
$500 April and Oct, 15, 1948
-7"7
Rate of interest to be in
MASSACHUSETTS
>;
to 1961.
multiples of Va of 1%/ The bonds
will be the direct obligations of
of
Jan. 15,
Denom.
due
Sanford,
leans, at a net interest cost of
2.94%.
Dated Jan. 15, 1947.
De¬
Berkley, Mass/^l^'^-t-
Note Sale—The $10,000 tax an¬
ticipation notes offered for sale
City. ' The opinion of Ross, recently, were awarded to the
Machinists' N a t i o n a 1 Bank of
McCord, Ice & Miller, of Indianapolis, approving the legality of Taunton, at a discount of 0.62%,
the said bonds will be furnished These notes are due Aug. 20, 1947.
The next highest bidder was Marl¬
to the successful bidder at the ex¬
pense of the City.
Enclose a cer¬ borough Trust Co., at a rate of
the
tified check
for $500,
the City.
.
'M:
iowa
payable to 0.70%.
•
:fe;¥
Bourne, North Sagamore Water {
District, Mass.
Bond Sale—The $126,000 water
;/.//'... j
Fairfield, Iowa
Bond
bonds offered for sale on Dec.
The $80,000 water
bonds offered for; sale
were
Sale
—
13,
awarded to the Second Na¬
2%s, at
revenue
recently, were awarded to a syn¬ a price of 102.04, a basis of about
dicate, composed of the Carleton 2.095%. Interest payable J-D: The
for 2%%
Chas. A. Smith,' Secretary of the D.! 'Beh CO.. Wheelock & Cum- next highest : bidder,
bonds/was Tyler & Co;, at a price
Board of Education, that
of 101.739.
Due in 1949 to 1976,
approved by the voters
-
to
Arkansas City,
and
Series G,
■
used
of
/
BoM Sale—The $350,000
levied for the School Health
Nos.
amount
rev-
7
KANSAS
purposes, payable from the
current revenues and taxes
Issued for the
,
be
City,
and taxes levied for the
partment
Fund
,
will
the
of
Issued for the use-of the De¬
for payment on date Called at the
First National Bank of Chicago
$10,000,000 cou¬
Interest ceases on date called. ;;
pon construction, SeHes 8 bonds
f ;['.>/•
Feb. i,r1961/The next highest bid¬ offered for sale on Dec. 12—v. 164, Cook
County (P. O. Chicago), III.
der ;was D.< E. Arries & Co., for p. 2875—were awarded to a syndi¬
Bond Call—It is stated by Vic¬
cate composed of Halsey, Stuart &
l&Osf at a price of 100.10.!
)
tor L. Schlaeger, County Treas¬
Co., Harriman Ripley & Co., Inc.,
New
Smyrna Beach,
Blyth,& Co., of New York, First urer, that the following bonds are
called for payment on Jan. 1, 1947,
Forgan
•|7; Certificate Offering — Sealed BostonrCorp., Ulore,
at the American National Bank &
7bids will be received until 8 p.m.
Co., Illinois Co. of Chi¬
Trust Co., of Chicago:
on Jan. 1, by John C.
Ferris, City cago, < Mercantile - Commerce
Refunding, Series "A" of 1936,
Manager, for the purchase of Bank & Trust Co.,' of St. Louis,
Nos. 29,418 to 29,569^ for $1,000
$125,000 ZVz% electric revenue Braun, Bosworth & Co., Inc., Lee
certificates. Denom. $1,000. Dated Higginson Corp., of New York, each; Nos. 35,745 to 35,752, for
Jan. 1,1947. Due on Jan. 1: $5,000 Blair & Co., Inc., Central Repub¬ $500 each; Nos. 36,302 to 36,366,
in 1950 to 1959, $10,000 in 1960 to lic Co., A. G. Becker & Co., both for $100 each; Nos. 36,826 to 36,1966, and $5,000 in 1967. Interest of Chicago, First of Michigan 835, for $50 each, and Nos. 30,026
to 31,586, for $1,000 each, y *
payable J-J. The certificates shall Corp., of New York, Stranahan,
y Refunding of 1945, Nos. 1,002 to
bear interest at the above
rate, Harris & Co., Inc., of Toledo,
provided that if the same can be Field, Richards & Co., of Cincin¬ 2,001,»for $1,000 each.
Interest ceases on date called.
7successfully sold bearing a lesser nati, R. H. Moulton & Co., of Los
rate of interest, then they shall Angeles, C. F. Childs & Co., Julien
Jefferson County (P. O. Mount
bear such lesser rate or rates as Collins Ik Co., Kebbon; McCorVernon), III. j/y77
/ may be fixed by resolution of the mick & Co., all of Chicago, Otis &
; Bond Offering — Roy H, Holt,
City Commission.
Bids shall ; be Co., of Cleveland, Stern Bros. &
County Clerk, will receive sealec
received for all or any portion of Co., of Kansas City, Wisconsin Co.,
bids until 5 p.m. on Dec. 19, for
said issue.
A certified check for Milwaukee Co., both of Milwau¬
the
purchase of $173,500 roac
2% of the amount bid for is re¬ kee, Martin, Burns & Corbett,
bonds.
These bonds are subject
William Blair & Co., Bacon, Whip¬
quired.
\
to the 7 submission
to the lega
ple & Co:, Mullaney, Ross & Co.,
voters of the County at any regu¬
Plant City, Fla. 77/
Farwell, Chapman & Co., all of
lar election for County Officers
Revenue Loan Arranged—The
Chicago, First National Bank, of or
at a special election authorized
City Commissioners have arranged Minneapolis, First National Bank,
by the Board of Supervisors to be
for a $45,000 loan against gas plant of St.
Paul, J. M. Dain & Co.,
held at the later date. 7 y ;
\ revenue, to be used in paying off
Piper, Jaffray & Hopwood, both
■present bondholders at a discount of Minneapolis, and Miller, KeriMascoutah, III.
and
financing plant expansion. ower & Co., of Detroit, as 2s, at
Bond Ordinance Passed — An
Under the terms of the arrange¬ a
price of 100.155/ a basis of ordinance was
passed recently by
ment;-made with B. J. Van Ingen about 1.985%. Dated Dec. 1, 1946. the
City Council calling for the
& Co., New York, the City will
Due on Jan. 1, 1966; optional on
issuance of the $250,000 municipa
issue $45,000 in revenue certifi¬
$9,435,000 bonds at par and ac¬ electric light revenue certificates
cates, to bear 4 % interest and to crued interest on Jan, 1, as fol¬
be repaid over a period of 20 years lows:
Rock Falls Sch. Dist. No. 13 (P. O
$550,000 in 1949 to 1965, or On
from earnings of the gas plant.
j
Rock Falls), III.
any interest payment date there¬
Most of the money borrowed on after.
Bonds Soli
Interest payable J-J.Sec¬
It is stated by
certificates
enues
$150,000.
to V the
Fund
20,000 School Health Fund bonds.
E, Refunding, 2%, Nos.
E601/E750, to the; amount of
Refunding, 2%,
dependence, for l^s, at a price
of 10093.
of
Firemen's Pension Fund.
Series
F.
use
payable from the current
D/ Refunding, ;2%, Nos.
D1876/D2250, to the amount of
Series
Issued for the
Pension
Series
«
price '■ of 101.00-, a ^ basis of about
1.402%.
Interest payable M-N.
The
next ■ highest
bidder was
Farmers State Savings Bank, In¬
the Trustees of the Firemen's
.
$350,000.
,//•
.
build¬
ing bonds offered for sale on Dee.
18, were awarded to the Farmersi
State Bank of Jesup, as lVzs, at a
-
IDAHO
ley
the
levied for general Department
of Public Health purposes.
;
Refunding, 2%%, Nos.
C2101/C2450, to the amount of
i
taxes
and
revenues
100,000 Firemen's Pension Fund
Series C,
Senoia, Ga.
to the voters at
current
B, Refunding, 4% Nos.
B23704 / B23960,
B62411 / B63315,
and
B107673 / B109202,
to, the
Election
■ An/issue of F376/F500,
$10,000 2%% semi-annual, water $125,000,
the
taxes
175,000 Board ,of
Series
Bond
and
'
Sale-—The. $75,Q00
Bond
.
■
v
payable from
revenues
levied, for the general funds
y';of the City.
7
y
/{/;/
$2,692,000{.,
City,
the
/,
Refunding; 4.%%,'Nos.
B51361 / B52U0,
B88893 7 B89392,
and B77893 /
B78992,,to the amount.of $2,600,-
amount of
Is-
sued for general purposes of
$
$375,000.777'7{77777^;7;r,;
in 1948 to 1962.
of the First National
Chicago, Harriman Rip¬
Co., Inc., arid Murphey,
Favre & Co., of Spokane, as l%s,
Marion County (P. O. Ocala), Fla.
at a price of 100.048, a basis of
Bond Sale—The $100,000 series about
1.745%. Dated Jan. 1, 1947
of 1947, S. B. A. refunding bonds Denom.
$1,000.
These bonds are
offered for sale on Dec. 17—v. due
July 1/1952 to 1967» / 164, p; 3195—were awarded to the
decision
$750,000 general fund bonds.
000.
of
collecting enough
money to pay off all bondholders.
Mr. Tillman further pointed out
a
'
Birney,
O.
Series B,
price of par;
las Court decision ordering Largo
to increase its millage by 14 mills
as
Frank
B37991 / B38240,
in 1948 to 1962.
Although not saying how much
tax millage should, be levied to
accumulate the money, the court
specified that the municipality
should institute a 15-year taxing
—
ing bonds amounting to $975,000
were
purchased recently by the
Columbus Bank & Trust Co., at a
New York investor.
:
Call
cently by the Circuit Court. - The District Treasurer, is calling for
debt of the city, will be refunded
payment on Jan. 1/the followihg
under a plan submitted by the bonds
aggregating $9,684,500; • f.
Crummer Company of Orlando. 7 ;
Series B, Refunding, 4*/2%, Nos.
B7930 / B8403,
5 B25301 / B25305,
GEORGIA
B83643 / B83892,
arid B33121/
Muscogee County (P. O. Colum¬
B33900, to the amount of $1,506,bus), Ga. ■
500.
Bonds
';v,
7 Boiid
following temporary loan war¬
rants amounting to, $1,075,000, not
exceeding 4% interest: y;r / 7
,
Sch. Dist.;]
Jesup Consolidated
he
Chicago Sanitary Dist. (P< O.
Chicago), III. ' -y. " '"
bond
is said to have been validated re¬
of 101.25.
•
refunding pro¬
involving $1,015,000 bonds,
city's
i.v-.
able' A-O, ;••/ '■/ ;•/
■
of about 2.73%;
'
.
101.137, a basis of about 1.664%.
Dated Oct. 1,19467 These bonds
are due Oct. 1/1961.
Interest pay¬
tional Bank, of Boston, as
—
incl/
16, have been- sold.
ay
o]
8/01
-
-
- -r-- -
-
■;
'•
•.
,v:
-*»..*•«.-.
■.i
.,.-.i, '-•
•■».<»
.__.
[Volume 164
>
»>.V- :> -V„A «r«w«--'T:*• -r-/*►;
Number .4553
reports that the $100,000
notes sold at
0.50% discount—V. 164, p. 3005—
urer now
^anticipation
were purchased by the First Na¬
tional Bank of Boston.
Due on
Feb. 20, 1947. '
'
: :; *
4 Bond
Sale
bonds
wall
The $30,000 sea
offered for sale on
Dec. 18, were awarded to Kidder,
Peabody & Co., of Boston, as l%s,
at a price of i00.602, a basis of
about 1.14%. Dated Jan. 2, 1947.
bonds
These
are
due $3,000
Jan.
2, 1948 to 1957. The next* highest
bidder was Tyler & Co., for l%s,
jat.
a
price of 100.357,
Newton,
Bond Sale
*
—
15, 1947.
Due on Jan. 15, as fol¬
lows:
$5,000 in 1950;; $5,500 in
anticipate, .certain .drop-offs.
Allowing for some decreases, al¬
ready indicated in the first six
1951 and
months'
Warrants
Offered
—
City.-; Clerk,
bids
until
2
A.
Herman
p.m.
received
Dec.
on
Offering
—
Joseph
name
Justad, Village Clerk, will receive
sealed bids until 8 p.m. on Jan. 6,
for the purchase of the following
sewer warrants amounting to $20,000, not exceeding 3% interest:
be the
awarded to i the* Second Na¬
Bank, of Boston, as VAs,
at a price of 100.20, a basis of
about 1.22 %. Interest payable J-D.
The bonds are dated Dec, 1, 1946
and mature Dec. 1, as follows;
tional
,
Bond Sale—The
Bond Sale Details—It is
City Clerk, will receiye sealed and
headed by. M.
of
which must be the
same
Bonds
1
Bond Sale
Dec.
Ovid, Mich.
'
Bond Election
—
An issue of
•
—
$400,000, of which $30,000 munic¬
ipal funds in the capital improvement fund, and $200,000 State aid
will make up the remainder of
the cost,
NEW YORK
Memphis, last September, at a
cost of about 2.32%,
area of 1946 bonds
'
!
offered for sale
due
$1,000, These
Jan.
Bond Offering—Sealed bids will
housing
York Authorityi N*
Offers to Assume
L;
Operation of
genheim, former Chairman of the
New York City Airport Author¬
ity
"The
alternatives
to
this
proposal," said Mr. Guggenheim,
"are
city administration of the
airports or administration of them
by the New York -City Airport
Authority
which
was
created,
among other purposes, in the hope
of relieving the
city ^ of " further
-
.
was never
The Airport Au¬
implemented by
city and .cyeryif^aOhfs ;.iafe
' the" airports
wej*e ■ Iturnrid
over to it,1 it would scarcely have
the credit prestige of the general
financing bonds of The Port of
date;
(EST),
24, by F. L. Piatt, Village
a.m.
"While
New
still
chairman
of
the
York
.
Despite
;
Tax
Forecasts
Surplus
Cuts—The .State
a
—
bonds
1, in 1949 to 1968.
Rochester, Minn.
Bond
j
,
Port of New
City • Airport Author¬
ity, I recommended that, such an
on Dec.
inquiry and report as the Port
Treasurer, for the purchase of
Authority has made be undertak¬
$3,000 coupon or registered water
en in the interest
of developing
bonds.
Interest rate is not to ex¬
arid financing the facilities neces¬
ceed 4%, payable J-D. Dated Dec.
sary to take care of the region's
1, 1946.
Due $200 from Dec. 1,
air commerce."
1947 to 1961, incl. prin. and int.
payable at the Milford National Utica
Municipal Housing Authority
Bank,
Milford.
The
approving
New York
opinion of Vandewater, Sykes &'
Notes Offered—The Board re¬
Heckler, of New York City, will
ceived
sealed bids until noon
be
furnished to the purchaser
(EST): on Dec. 20, for the pur¬
without
cost.
A
$60
certified
chase of the following temporary
check, payable to the Village, is
loan
notes, amounting to $3,required with bid.
885,000:
New York (State of)
$500,000 first series bonds.
be received until 11
Offering —F. R. Finch,
Bonds Offered—S. A. Berg, City
the
Finance
Committees of the
J.. •i\\ " •"
r*w i4. '->4
'»v
\ Clerk, received sealed bids until City Clerk,' will receive ^sealed 4
J,
Sweet SpringsMo.
"
State Sehate and. Assembly.
•10 a.m. on Dec.<20, for the pur- bids until 2 p.m. on Jan. 6nforJihe
The year?s surplus would crowd
Bond Offering — Sealed bids
chase
of
the ' $70,000 : hospital purchase of $75,000 1V2
g^Ma-j
nent improvement
bonds, at not exceeding 2% inter¬
revolving.,^una .will be received until 11a.m. the $110,000,000 mark if tax reve¬
bonds.
Dated Jan. 1,
est. Dated Jan. 1, 1947. Denomin¬
19$|£jf^e- (CST),. on Jan. 4, by Herbert J. nues during the last six months
These bonds Lots, City Clerk, for the purchase came in at i the same rate as
ation $1,000. These bonds are due nomination $1,000.
of
$112,500
general
obligation through September, but officials
Jan. 1, as follows: $5,000 in 1950 are due $15,000 Jan. 1, 1948 to
:„V.
tion of emergency
500,000 second series bonds.
is .1,000,000 third series bonds.
surplus of $80,000,1,000,000 fourth series bonds.
Breckenridge, Mo.
00p to $100,000,000 for the fiscal
885,000 fifth series bonds.
Bonds Voted
An issue of $10,year ending next March 31, a Tax
Dated
Dec.
30,
1946.
These
000 street improvement bonds was
Commission report indicated re¬ notes ate due Nov. 1, 1947.
'
favorably voted at an election
cently, despite 25% slashes in per¬
held recently.
Vestal (P. O. Vestal), N. Y.
sonal income and business taxes.
The
estimate
was
based
on
J Bonds Offered — Lester O.
Parnell, Mo.
Bonds Voted — An issue of $6,- heavy: tax receipts for .the first Kretschmar, Town Clerk, received
six months of the fiscal year, re¬ sealed bids until 1:30 p.m. on Dec.
000 street improvement bonds was
20, for the purchase of $20,000
favorably voted at the election ported in a financial statement
prepared by the Commission for sidewalk registered bonds, at not
held on Dec. 9. N
'
Benson, Minn.
Dec.
headed for
Interest payable J-J.
'
V
expansion of State
construe- >
19, were awarded to the
South Shore Trust Co., of Rock.New York Authority.
Nor does
ville Center, as 1.10s, at a price
it have the opportunity of region¬
of 100.10, a basis of about 1.052%.
al planning and operation so es¬
Interest payable M-N.
sential to the full development of
New York City's air commerce.
Milford, N. Y.
on
Oct.
MISSOURI
awarded to the Northwestern State
are
4
J
the
Cedarhurst, N. Y.
Commission
hos¬
offered for sale on
16—v." 164, p. • 3197—were
bonds
nomination
MINNESOTA
assumption expenditures
approximate budget esti¬
mates. This is considered probable
would
thority
$15,000 parking
on
on
the
debt obligation.
now re¬
net interest
Bank, of Ortonville, as 2.10s, at a
$30,000 water storage tank bonds
price of-100.05, a basis of about
will be submitted to the voters
2.095%. Dated Jan. 1, 1947. De¬
at the election to be held on Jan.
20.
The Local
proved an issue of $170,000 jetty
for all of
The $150,000
—
construction bonds, as part of the
cost of a
program ; running
to
;
pital
Approved
Government Commission has ap¬
.
Interest ceases on
$400,000 build¬
Bond Sale—rThe
due
Surplus
based also
hospitals facilities, and
AvSaunders & Co.,
are
with
were
City Airports—Ownership, opera¬
tion
and
development of New
Co., and the National City Bank,
York ' City's municipal airports,
both of Cleveland, as 2s, at a price
now under the jurisdiction of the
of 101.168, a basis of about 1.888%.
New York City Airport Authority,
Dated Dec, 18, 1946.
Denom. $1,was proposed in a program pres¬
000.
These bonds are due 1948 to
ented to Mayor William O'Dwyer
1970.
The next highest bidder
last Wednesday by Port Author¬
was J. A. White & Co., for 2%, at
ity Chairman Howard S. Cullman.
a
price of 100.441, and Halsey,
The plan encompasses the crea¬
Stuart & Co., at a price of 100.161.
tion of $191,000,000 of Port Au¬
thority debt and the return of
NEW JERSEY
more than .50% of the city's cap¬
fnterlaken (P. O. Allenhurst), N. J. ital investment in the existing
Bond
Offering — Robert
H. facilities through rental payments
Adams, Borough Clerk, will re¬ estimated at $51,000,000 for the
ceive sealed bids until Jan. 27, for first 50 years, i The Authority's
the
purchase of $14,250, Lake offer resulted from the request of
Dredging bonds.
Dated Dec. 31, the City that the bi-State agency
1946.
look into the matter of assuming
the task of completing and im¬
Irvington, N. J.
proving the LaGuardia Field and
Bonds Sold—An issue of $78,000
Idlewild airports.
The transfer of
bus terminal, purchase bonds was
ownership and operation of the
taken recently by the City Pension
existing facilities by the Port Au¬
and Sinking Fund, at a price of
thority pursuant to the latter's
par.
prograrh, was described as an "ad¬
Stone Harbor, N. J,
mirable offer" by Harry F. Gug¬
k
Detroit.
Year
figures
&
'
date called.
The
tion programs,
ing bonds offered for sale on Dec.
16—v. 164, p. 3007—were awarded
to a syndicate composed of Braun,
Bosworth & Co., Inc., Fahey, Clark
1, as follows:
$3,000 in 1947 to 1951; $6,000,1952
to 1961; $7,000, 1962 to 1966, arid
the bonds. Denomination $1,000.
^unqualified opinion of Miller, Dated
Feb. 1,1947. Due $331,000 $8,000 in 1967 to 1971.
Canfield Paddock & Stone, of De¬
from Feb. 1, 1948 to 1957, inclu¬
Rankin County School Districts
troit, approving the legality of the sive.
Bids offering an amount less
(P. O. Brandon), Miss.
:
bonds. The cost of such opinion
than par cannot be accepted. Le¬
Bond Sale Details—The $45,000
will be paid by the' School Dis¬
gality to be approved by Wood, school bonds which were pur¬
trict. These bonds were author¬ King & Dawson of New York
chased by Kingsbury & Alvis, of
ized at the election held on Sept.
City. A certified check for 2% of New Orlenas, as 2s—v. 164, p. 3006
•25, 1946'.
the bonds bid for,
payable to —were sold to that firm as fol¬
Oakland County (P. O. Pontiac) Gladys E. Miller, City Treasurer, lows:
is required.:
Michigan
$20,000 Steen's Creek Consolidated
Bond
Call —Earl
L.
Clark,
School District bonds, at a
Nashwauk, Minn.
County Drain Commissioner, is
price of 100.445, a basis of
Bond Sale Details—The Village
.calling for payment on Jan. 1,
about
1.915%.
Due
$2,000
Southeastern
Oakland.
County Clerk states that the $57,000 water
from Sept. 1, 1947 to 1956..
Supply and sewer system bonds
Sewage Disposal System Revenue
25,000 B r a nd o n Consolidated
sold to the State—y. 164, p. 2877
bonds, Nos, 826 to 905, at par and
School District bonds, at a
—were purchased as 2V2S; at par,
accrued interest, together with a
price of 100.444, a basis' of
arid - mature $5,700 from; July 1,
premium on each /bond of $50.
about 1.925%.
Due Sept. 1,
1948 to 1957, inclusive.
Interest
Dated Jan. 1, 1943. Due Jan. 1,
as follows:
$2,000 in 1947 to
1972 and 1973.iSaid bonds should payable J-J.
1954, and $3,000 in 1955 to
be delivered to the Detroit Trust
Ortonville, Minn.
1957.
; Co.,
Began
for all of the bonds.
Wahoo, Neb.
auction bi#ibh the same ,day,* but ported that the $150,000 road and
at 9:30 a*m., for the purchase of bridge bonds sold' to the syndicate
bonds, not exceeding 3% interest.
Datert'Dec. 1,1946. Denomination
$3,310,000 coupon refunding bondsi
$1,000; These bonds are due $88,- Interest
rate is not to exceed 5%,
000 Sept. 1, 1948 to 1952. Princi¬
payable F-A. Rate to be in a mul¬
pal and interest payable at the tiple of V4 or one-tenth of 1 %,
Treasurer.
same
NEBRASKA
"
District
a
-
.
.
the
in
;
-
of
interest
as expenditures usually are esti¬
the cost of print¬
mated liberally.
ing the bonds, registering them
Governor
Dewey's administra¬
in the State Auditor's office, and
the fee of the purchaser's attorney tion began the calendar year with
$517,000,000 wartime-accumu¬
for his opinion.
A $2,000 certified
lated
surplus, all of which has
check, payable to the City Treas¬
been allocated for extensive high¬
urer, must accompany the bid.
way construction and reconstruc¬
.
Bids will be coriditioned upon the
of
rate
'
report, official sources es¬
timated operating budget surplus
between a bottom $80,000,000 and
a
maximum $100,000,000.
4
'w
bidder will pay
•
•
■office
the
Sweept Springs, or at a bank in
Kansas City or St, Louis, at pur¬
chaser's
option.
The
successful
$4,000 from 1947 to 1956 inch, and
$2,000 from 1957 to 1961 incl. $630,000 storm drain bonds. Due the election held on Dec. 10.
Principal and interest payable at
$63,000 from Feb. 1, 1948 to
MISSISSIPPI
the First National Bank of Boston.
1957, inclusive.
y.;./ ry'y;y.y:;';^;yy:.y
Legality approved by Ropes, Gray,
Jackson County, Pascagoula Rural
820,000. revolving fund bonds.
Best, CoOlidge & Rugg of Boston.
Due $82,000 from Feb. lj 1948
Separate School District (P. O.
The next highest bidder was the
to 1957, inclusive.
Pascagoula), Miss.
First National Bank, Boston, for
Bond Offering — Fred Taylor,
400,000 park bonds. Due $40,000
from Feb* 1, 1948 to 1957, in¬ Clerk of the Board of Supervisors,
-lVis, at a price of 100.08.
clusive.
will receive sealed bids until 11
Southbridge, Mass.
a.m. on Jan. 6, for the purchase
V Purchaser — The Town Treas¬ 300,000 refuse destructor bonds. of
Due $30,000 from Feb. 1,1948
$125,000 school bonds.
Dated
urer now states that the $100,000
Feb.
to 1957, inclusive.
1,
1947.
Denom.
$1,000.
tax
anticipation notes sold at
These bonds are due Feb. 1, as
400,000 public relief bonds. Due
0,57% discount—v. 164,; p. 3005—
$40,000 from Feb. 1, 1948 to follows: $5,000 in 1948 to 1952,
were
purchased by the Second
$6,000 in 1953 to 1957, and $7,000
1957, inclusive.
National Bank of Boston. Due on
650,000 water works bonds. Due in 1958 to 1967. Principal and in¬
May I, 1947.
terest payable at the- Guaranty
on Feb. 1;. $33,000 in 1948 to
Wellesley, Mass.
The
1957, and $32,000 in 1958 to Trust Co., New York City.
Note Sale—The $35,000 tempo¬
bonds are offered subject to, vali¬
1967, all inclusive.
rary loan notes offered for sale
dation and to approval of Charles
Denomination
$1,000.
Dated
on Dec. 16, were awarded to the
& Trauernicht, of St. Louis.
Bid¬
Feb. 1, 1947., Interest rate not to
First National Bank of Boston, at
ders are requested to designate in
exceed 6 %; payable F-A. Rate to
a rate of 0.589%^
Dated Dec. 16,
their bids the price they will pay
be in multiples of % or one-tenth
•1946.; These notes are due Nov. 1,
for the bonds bearing interest at
of 1%, which must, be the same
$1947.
The only other bidder was
a
rate or rates likewise
to be
for all of the bonds. No bid is to
•the Day Trust Co., Boston, at a
be for less than par and accrued designated in their bids. Delivery
.rate of 0.595%..
of the bonds will be made to the
interest.
Legal opinion - will* be
furnished by Wood, King & Daw¬ purchaser on or before March 1,
MICHIGAN
1947, in Pascagoula, without the
son, of New York City. A certified
cost to the purchaser. * Enclose a
<*aNiles Sch. Dist.; No. 1 (City
check for 2 % of the bonds bid for,
certified check for $2,500, payable
t't-. . ■ ..and Township), Mich.1
payable to Gladys E. Miller, City
to the Board of Supervisors.
Bonds Offered--J. Walter Wood,
Treasurer, is required.
>*•
Secretary of/the Board of. Educa-1
Additional Bond Offering—It is Kemper County (P. O. DeKalb)
^tiori, received I sealed bids until also stated that Chas. C,
Mississippi
Swanson,
7:30 p.m. (EST) on Dec. 20, for
the purchase of $440,000 building
Dated Jan.
Principal and interest payable in
,
The $50,000. water
$500.
multiple of Vs of 1%, which must
20, for the purchase "of $100,000
hospital coupon bonds, at not ex¬
ceeding. 2% interest. Dated Jan. $3,500 storm sewer district No.' 13
warrants.
Due $500 Jan. 15,
1, ^ • 1947.
Denomination... $1,000.
These bpnds are due Jan. 1, as
">1950 to 1956.
K"
follows: $5,000 in
1950 to 1959,
11,900 storm sewer - district No.,
and $10,000 in 1960 to 1964. Prin¬
14 warrants.
Due Jan. 15, in
1949 to 1960.
cipal and interest (J-J) payable at
any suitable bank or other insti¬
5,000 sanitary sewer district No.
IK warrants.
Due $500 Jan.
tution; designated ,.by the pur¬
15,1949 to 1958.
chaser^
•
Dated Jan. 15, 1947.
'
Minneapolis, Minn.
Bond Offering—It is stated by. Washington County Sch. Dist. No.
Richard D.; Welch, Acting Secre¬
62 (P. O: Forest Lake), Minn.
Bond Offering1—It is stated by
tary of the'Board of Estimate and
B. C. Kuefler, Superintendent of
Taxation, that he will receive
sealed and auction bids until Jan. Schools, that bids will be received
3, at 10:30 a.m., for the purchase until Dec. 30, at 1 p.m., for the
of the following coupon bonds ag¬ purchase
of
$235,000
building
bonds, approved by the voters at
gregating $3,200,000:
.
Denom.-
1952; $6,000, 1953 to 1958;
$6,500, -1959 to 1963, and $7,000 in
1964 to 1967, all incl.
Bidders to
St. Louis Park, Minn.
-
,
Mass.
bonds offered for sale on Dec. 18,
were
Bonds
sealed
Marshfield, Mass.
bonds.
Glen wood, Minn.
..
Senneka,
If
1952,
chaser4:B(i;:4^^^
.
3341
able at the
Principal and interest pay¬
City Treasurer's office.
at any suitable' bank or other in¬ Enclose a certified check for 2%,
stitution' designated by the ^ pur- payable to the City. Treasurer;
Leominster, Mass.i%fj'•" to 1961, and $10,000 in 1962. Prin¬
—
The Town Treas¬ cipal1 and interest (J-J)- payable
Purchaser
tax
THE COMMERCIAL & FINANCIAL CHRONICLE
-
•
t
.
•
exceeding 5% interest. Dated Feb.
These bonds are due Feb.
1, as follows: $7,000 in 1948,: and
$6,500 in 1949 and 1950.
Princi- :
pal and annual interest payable at
the Endicott National Bank, Endi1,1947.
cott, with New York exchange.
(«i*s.
*
; ■
3342
THE COMMERCIAL & FINANCIAL CHRONICLE
J-D.
Webster, N. Y.
.
-1, 1946/ Denom¬
$1,000;/The next highest
bidder was J. Lee Peeler & Co/
for $5,000 4s, and $21,000 2s, at a
price of par, a net Interest cost of
Dec. 23, by W. H. O'Dell, Village
Treasurer, for
$6)000 coupon
house bonds.
the
purchase of
registered fire
or
Dated Dec.
ination/
Bond Offering—Sealed bids will
be received until 2 p.m. (EST), on
/
2^9%//:/-:;;
t
Centerburg, Ohio
Offering
Bond
Dated Oct. 1,
Interest rate is not
Jefferson
.....
,
Gladys Mont¬
gomery, Village- ' Clerk; will j re¬
ceive sealed bids until, noon on
Dec. 23, for the purchase of $5,000
3% 'street ■ improvement vbonds.
;;/'////■
—
C
New York
Bond Sale
—
The
$23,000 park
bonds offered for
sale on Dec. 12—v. 164, p. 3007—
were awarded to Blair & Co., Inc.,
i/
Z
improvement
.as.
at
1.40s,
a
'
as
1949
Dated
.
1946/ Interest
Dec./I,
1,
Denom.
1946.'
are
due
-
,
DAKOTA
sealed bids until
L. E; Correll,
—
1956. The next highest
bidder was
Valley National Bank,
Valley,H for 1.40s, at a
City Auditor, will receive sealed
Central
bids until' 11:30 a.m. on Dec. 23,
at the office of the County Auditof
Central
for the purchase of $16,000 arte¬
price of 100.05.
sianwell bonds, not exceeding 6%
NORTH CAROLINA
interest. Dated Feb. 1, 1947. De¬
nomination $1,000. These bonds
/
Canton, N. C. ■■■'.
are
due $1,000 April 15, 1950 to
f Bond Sale Details—The $18,000
1965, and were authorized at the
resurfacing street bonds awarded
election held on Sept, 10. Principal
on Sept. 10, to Kirchofer & Arn¬
and interest payable at the County
old, of Raleigh, at a net interest
Treasurer's office. The City will
i cost of 1.37%—v. 164, p. 1642—
furnish the printed and executed
were sold at a price of par, as fol¬
bonds without cost to the pur¬
lows:
$12,000
maturing
$2,000
chaser. Enclose a. certified check
March 1, 1940 to 1954, as iy4s, and
for $320) payable to the City. .
<■$6,000 maturing $2,000 March 1,
1955 to 1957, as l%s. Interest pay¬
Minot, N. D.
able M-S,
/
^
Bonds Sold—-An issue of $200,000
water ; works
improvement
Ohoskie, JV* C.
Av Bond Sale—The following bonds
amounting to $190,000 and offered
for sale on Dec. 17—v. 164, p. 3198
awarded
—-were
to
a >
syndicate
composed of R. S. Dickson & Co.,
revenue
bonds
purchased
was
re¬
cently atpar, as lVfes, by the Bank
of North Dakota,
of Bismarck.
Due Sept. 1, as follows: $13,000 in
1947 to 1956, and $14,000 in 1957
to 1961, - Interest payable M-S.
/of Charlotte, the Vance Securities
Corp., of Greensboro, and J. Lee
OHIO
Peeler & Co., of Durham, --at a
price of par, a net interest cost of /•///;///■ Bay Village, Ohio //:///'/
;:2.62%
<7- '?■&
Bond Offering—Glen L. Gan$10,000 jail and equipment bonds, yard, Village Clerk, will receive
?
/
as 2V2S. Due June
1, in 1948 sealed bids until noon on Dec. 27,
for the purchase of $200,000 2%
/;!
to 1957. • •
%
45,000 street improvement bonds. sewer coupon bonds. Dated Dec.
4, / ' Forf $30,000 maturing June 1, 15, 1946.
Denom. $1,000./ These
v
r $2,000 in 1949 to 1960, $3,000 bonds are due $8,000 from Dec. 1,v-.7 in 1961 and 1962, as 2%6, $12,* 1948 to 1972. Bidders may bid for
000 maturing $3,000 June 1, a different rate of interest in mul¬
//
1963 to 1966, as 21As, J. & D., tiples of y4 of 1%. Prin. and inter¬
est (J-D) payable at the National
;; ;V; and $3,000 maturing June 1,
City/Bank of Cleveland.
These
1967, as 3s.
135,000 water and sewer bonds. bonds were approved at the pri¬
For $65,000 maturing June 1, mary election held on May 7,1946.
by
Squire,
$3,000 in 1949 to 1956, $6,000 Legality /approved
-
in
I
1957, $7,000 in 1958 to 1962,
as 2
$28,000 maturing $7,000 June 1, 1963 to 1966, as
2y4s, and $42,000 maturing
$7,000 June 1, 1967 to 1972,
as 3s. Dated Dec. 1, 1946. De¬
nomination $1,000 and $500.
/;•/.
'
Sanders & Dempsey,
of Cleveland:
Payable from unlimited taxes/- A
certified check for $2,000, must
accompany the bid.
Bowling (Green City Sch. Dist.
Ohio
,
Bonds Sold—The $298,000 build¬
Pamlico County (P. O. Bayboro)
ing bonds offered for sale on Sept.
9, were awarded recently to J. A.
by T, Z. White & Co., of Cincinnati, as
Spencer, Clerk of the Board of l%s, at a price of par.: Interest
County Commissioners, that. the- payable M-S.
county has exercised its option to
1 Brook Parkt Ohio
/ call for payment on Jan/ 1/ 1947,
Bond Call—C. Daniel Murray,
; 3%
road and bridge refunding
./// bonds Nos.; 50/75, 77/85, to the Village Clerk; is calling for pay¬
V, / amount of $35,000.
Dated Jan. 1, ment on Jan. 1, the following re¬
.1938.
Denomination $1,000.- Due funding bonds, bearing interest
: Jan. 1, 1958. Holders of said bonds from 2% to 5%, to the amount of
shall present same for payment $39,977.75.
Dated July 1, 1938.
with appurtenant interest coupons Due July 1, 1968,
Said bonds to¬
maturing July 1, 1947, and subse¬ gether with the unmatured inter¬
est coupons, shall be presented tb
quent thereto at the Chase Na¬
,
North Carolina,
:
...
Bond Call—It is stated
$1,000.
In¬
'
the
date
—
r
on
Dec. 17—v. 164, p. 3189—were
awarded
Cleveland
to
the
First
Securities
Corp., of Durham, at a price of
par, a net interest cost of 1.82%,
as follows:
For $11,000 maturing
$1,000 Dec. 1, 1947 to 1957, as 4s,
and $15,000 maturing Dec. 1. $1,000
in 1958 to 1960, and $2,000 in 1961
to 1966, as iy4s. Interest payable
Trust
land, for payment, at
crued interest.
Reidsville, N. C.
Bond Sale
The $26,000 water
and sewer bonds offered for sale
called./
Co.,
par
Interest
.
,
"
Burton, Ohio
2%
first
Dated
mortgage
bonds
has
Cleve¬
and ac¬
ceases
.
on
.
»
■
Bonds Sold—An issue of
revenue
•
Dec:
on
noon
on
special
Dated Nov.
$1,000,
,
/7//v7'-
$15,000
water
been
Price
J. A. White &
Dec. 28,
tified
for
check
to the City
7.
works
sold.
July 1, 1946. Denoms. $1,000
and $500.
These bonds are due
$1,500 from Feb. 1, 1948 to 1957.
Principal and interest (F-A) pay¬
able at the First National Bank,
Burton, '
■ ■/■
'■:■/':■//;./
here-rv.
bid
Bond Call—Raymond N, Heege,
Village Clerk, is calling for . pay¬
ment the following 2% to 5% Vil¬
lage of Fairview, Ohio (Rocky
River, Cleveland 10, Ohio),' Re¬
funding bonds:
■
«
1
All of issues 15 /and 16, being
bonds Nos. 1832 to 1850, to the
amount of $9,500.:
7
All of issues 22 to 26, being
bonds Nos. 1977 to 2088, to the
amount of $99,850. -..
;
/;
Dated Jan. 1, 1939.
Denomina¬
tions $1,000, $800 and $300. / Due
Jan. 1, 1969.- - '7 " • *•
"
Sale—The
date
t
^
=
rt
Bond Sale—The $6,000' fire
ap/
paratus bonds offered for sale
Oct. 11, were awarded
3s, at^^ price of par.
flease Local
$4,000
recently, as 2s, to J. A. White &
Co.; 1 of Cincinnati, at a price of
100.475, a basis of about 1.895%.
'7-
*
on
"'f Z: /-//::'
'
Interest
on
pay-
Scjhtijfrisiric£Yp> &
Interest
payable J-J.
to.1956.
Bond
Sale
Due in 1947
<
The
—
$15,000 fire
equipment
unlimited
offered for sale
p.
on
tax
bonds
Dec. 7—v. 164,
2742—were awarded to the Lodi
"
are
May
//
and
:
I
'
;
•
;
flymouth Local Sch. Dist, Ohio.
Rond Sale ^ The $50,000 build*
ihg bonds offered for sale oii Dee.
12—v. 164,
to
2787—were awarded
p.
Fox, Reusch & Co., Cincinnati,
l3/4s, at a price of 101.414; a
as
basis of about 1.595%. Dated Jan.
1; 1947. Denom. $1,000 and $2,000.
These
Lodi, Ohio
,
:
7
SKS"
vdue $3,250
Nov. 1, 1948 to 1971.
/
water
works improvement bonds offered
for sale on Aug. 16, were awarded
;/
/. /;. Fairview,' Ohio
Cleveland. Interest ceaSes
called. :v'7///z. .7 77:77
bpndsi
Lewisburg, Ohio
$296.47, payable
Treasurer,
7
%$
,
received.
was
Bond
cer¬
a
i :
unmatured interest" coupons :
shall be presented on .Jam
1, for ;
payment at par and accrued inter-. /
est at the Cleveland
Trust: Co., :
^nnn
the rate of interest in mul¬
tiples of 1/4 of 1%. Enclose
With
$1,000.• Due
Said bonds together
Co.> of Cincinnati,
; Lansing), OAio/ j / /
164; p. 2598—
Bond Offering —W. A.
Logan,
were; purchased by the said firm Clerk
.of the Board of
Education,
as 3s, at a price of
101.053, a basis will receive
sealed bids until noon
of about 2.89%.
Due on Sept. 15,
as /follows: $300; in 1948
tb/1952,-j
bnCha* e
and $400 in 1953 to 1967, all incl.
:3%i
Interest payable M-S.
No other
noted
as
$926.93. These bonds are due Nov.
1, as follows: $5,926.93 In 1948, and
$5,930 in 1949 to 1952. Bidder may
name
:
recently to
1, 1946.
De¬
and one for
$900
-
th® Union State Bank of
Payne, as
Leesburg, Ohio
assessment i improvement
bonds.
noms.
Josephine^Baker,
—
Pet. J/ 1966,:
on
bidder was. J. A. White &
Co., for
134s, at a price of 100.56/ /
Bond ;< Call
the amount of
$50,000. Dated Oct.
L 1936, Denomination
11
June and Dec. 1, 1948,
$1,250 on June and Dec. 1,
1949 ta 1953,
The next- highest
Par ma; Ohio /
ipg street improvement- bonds to
•
$15,500 school
and
for the purchase of $29,646.93 4%
bonds
Oct* 1,
due April
are
and
frqnul94;8;tq/i968, inclu#
sive. The next highest bidder was
Richland Trust Co.j Mansfield, for
l%s, at a prioe of 101.00.
,
State Bank, as iy4s, at a price of
,
.
Said bonds should be presented
for redemption to ^ the National
City
Bank of
River Branch*
date called.
Cleveland,
Dated Dec. 1, 1945, Denom.
$1,000 and $500. These bonds are
due $500 April and $1,000 Oct. 1,
par.
.
Rocky
Interest ceases, on
1947
to
bidder
1956.
■1%», at
a
The
next
highest
Co., for
price of 100.973.
;</ •' /•
was
J. A. White &
Sandusky ■ City Sch. Disl., Ohio.
Sale!—The' $600,000 im-i
provenient; bonds offered for sale
on Dec.' 13—V;
164/ p.: 2878—were
;
r
/I Bond
awarded
to
the
Harris
Trust
&
Savings Bank, of Chicago, and J.
A* White & Co., * Of Cincinnati^
.
Marysville, Ohio
-
Bond
jointlyv/?a^/L%s,/aLIa^/pHceZof
Offering—Geo. P. ScheiCity ./Clerk, will receive
derer,
sealed bids until
-
101.66, a basis of about L.585%.
Dated Dec. 1, 1946. Denom. $1,000.
These bonds
are due $30,000 from
(EST), on
Dec. 31, for the purchase of $165,^ Dec/ 1, :1948 to 1967. : The next
Ohio
000 2% storm sewer bonds. Dated highest bidder was the First Na¬
Bonds Sold—An issue of $91,200
Jan. 1, 1947. Denom. $1,000. These tional Bank,/Chicago,t and Mil*
building bonds was sold recently,
bonds are' due :Jan; l, as follows: waukee Co.; Milwaukee,, jointly^
as lVfes.
These bonds were, orig¬
inally offered for'sale on July 8, $R,000 in 1948 to 1965,-$10,000 in forl%s/ atra!pridOhfeX01.323. '/'i
I-,
/■/;..
'V/-»////* ->/«& v'
"J/'/
1966, and-$11,000 in l967.|Bidders
1946. Interest payable M-N."
$ Shaker Heights City Sch. Dist 7/
may bid for a different rate, of
(P. O. Cleveland)', Ohio
Hamilton City Sch, Dist, (P. 6.
interest in a multiple of J/4 of 1%.
; Bond 'Offering — J,
W. Main,
Hamilton); Ohio
Said bonds td be sold to the high¬
Bond Election
It is stated by est bidder for not less than the Clerk-Treasurer of the Board of
Terry Wickham, Superintendent face value thereof'and accrued in¬ Education, will receive sealed bids
until noon (EST) on Jan. 6, for
of Schools, that an election will terest.
A certified check for $16,-
Granville
Local
Sch»
noon
I)ist.,
/,
f
''V
V-
'
;
)
'
.
,
—
be
held
on
Jan.
21,
in order
to
have the voters again pass on the
$4,290,000 construction bonds that
failed to carry at the November
general election,
Hilliard, Ohio
Bond Offering — j; C. Wilcox,
Village Clerk, will receive sealed
bids until 8 p.m. on Dec. 30, for
the
purchase of
$15,000
1V2%
water works bonds.
Dated April
1946.
1,
bonds are due
1962.
to
$1,000./ These
$1,000 Sept/1, 1948
Denom.
Bidders
may
bid for
a
different rate of interest in multi¬
ples of y4 of 1%.
Enclose a certi¬
.
tional Bank, New York City.
terest ceases on date called.
Sale—The
Dated June 1, 1946. Denom.
$1,500
and $1,250./1 These bonds are due
Keever, City Auditor, will receive
Casselton, N. D.
Bond Offering
1, in 1947 to
Bond
164, p. 2454—were awarded
to Fox, Reusch &
Co., of Cincin¬
nati, /as ■!%% bonds,: at a price
of 100.60, a basis of about 1.35%.
E. Allan Mc-
—
7
/
City Treasurer^is calling for payment on Jan. 1, 2 to 5
% refund* 'C
.
Paid—It-Is now reported
thd /Viliage: Clerk :/that /the
Liverpool, Ohio ////?/- $7,500 water works bonds sold to
Bond Offering
NORTH
$1,000.;-These
Dec.
/ '■
^
1946v;.:,/:/,^/" by ;
rEast
J
—v.
bonds were taken was - purchased vrecently.- by; the
from June 1, City Treasury Investment' Board;
to 1973, incl.
/
' These bonds are dated April ~1,
basis of about 1.35%.; Dated Dec.
bonds
•/
Due
payable J-D,
100.29,-a
price of
'
bonds offered for sale
sewer
2V2S.
,
the
Lit Hue School Districts Ohid*
/
.
25,000
://'/////77
31,
voters
the
proyed/ by / Squire,: Sanders" & //
Dempsey, of Cleveland. ;
an
Dec.
$180,000 improvement bonds that
carry at the November
.
Woodbury (P. 0. Highland Mills)
to
"
able at the Union
states that
on
Monday, December 23, 1946
1951,: Principal and interest
pay- ///
Savings & Trust >
Co.,; Newton Falls.
Legality ap- -i-
O.
failed to
•
/Y/
(P.
■
The Superin¬
—
flection.
.
■
Bond Election
to/ resubmit
:y %
Salisbury, N. C.//
J-D.
De¬
/"'/;/■/ •
Deshler,
horn. $500.-Dated Dec.:!, 1946, Due ./■ Bond. Sale Details—In. connec¬
tion with; the sale of the $280,000 / Bond. Sale---The $100,000/first
$500 from Dec/ 1, 1947 th 1958;
various purpose bonds to the syn¬ mortgage: electric plant and/sys¬
incl.
Rate of interest to be in a
dicate headed by Breed & Harri¬ tem ; revenue bonds • offered .for
multiple of V4 or one-tenth of 1%/
sale on Dec. 18, were awarded to
son, of Cincinnati, at. a net inter¬
which must be the same for all of
est cost of about 2.435%—v. 164, Ryan, Sutherland & Co., of Toledo;
the bonds.
Prin; and int. payable
as 2sy at a price of 100.211/a basis
p.. 3198—it is now-officially stated
at the Union Trust Go. of Roches¬
that the bonds were purchased at of .about 1.944%/ Interest payable
ter,
Webster.
The
approving a
price of 100.02, divided as fol¬ J-D. The:next highest bidder was
opinion of Vandewater, Sykes &
Stranahan, Harris & Co., Inc., for
lows:
Heckler, of New York City, will
$40,000 DAs, and $60,000 2*4 s,-at
be furnished
to
the
purchaser $255,000 water bonds, of which a
price of 100.11.
7.7/v.: ,r ^ / /
$207,000 "are 2^s, due from
without cost.' A certified check
June 1, 1949 to 1973, and $48,777/ Dover, Ohio !7 77v. 7y
for $120, payable to" the Village,
;
000 are 2y4s, due from June 1,
Bonds Sold—An issue of $100;*
must accompany the bid.
/// 1974 to 1977,
./
000 2% semi-annual park. bonds
7
•
Twp. Sch. Dist.
election will be held
1946.
'•
-
New Paris), Ohio
'!
tendent of Schools
to exceed 5%, payable
•
'
fied
the
check'for
$150,
payable to
*
Village.
/
Jackson, Ohio
Bond
Offering
— Stephen
Radcliffe, City Auditor, will receive
sealed bids until noon (EST) on
Jan. 8, for the purchase of $350,000'first mortgage water works
revenue
1947,
bonds.
Dated
Jan.
Denomination
These
bonds
due
15,
Jan.
;
bid.
Call—Kenneth
C.
Teach-
out, Village Clerk, is
the
purchase
school bonds.
of
calling
payment on Jan./1, at par
accrued interest, 1^% to 5%
funding bonds Nos. 233, 235,
244, 246, 247, 255, 578, 579/
595, 596, 644, 645, 646, 647, 648
for
and
re¬
243,
594,
and
for
a
$200,000
Vk%
Dated Jan. 1, 1947.
D&hbrii/ $l,00(b
1/1948 to 1957/
May field Heights, Ohio
Bond
Due $20,000 OqL
Bidders may bid
different rate of interest in
a
rnultiple of V4 of 1%. These bonds
were
authorized at the election on
Nov. 5.;
Enclose
for $2,000.
r
>
a
certified-check
• *-
Sherr.odsville, Ohio
Bond
/Offerihg/^H/ L.
Wrigfcft ^
*$0
tin sott-tillage Clerk, will receive sealed
to the amount of $18,500. bids fin+n
until, noon An .Tan. 7 for the
on Jan; 7,
Dated Oct. 1, 1936*
Due Oct*/1,
purchase of the $5,000 municipal
1961.7 Said bonds together with
building and fire truck bonds/ not
unmatured interest coupons rshall
exceeding 6% interest. Dated Feb.
be
presented to the Cleveland
1,
1947/
Denom,. J$250* - These
Trust Co., Cleveland, for paymeht.
bonds are due .$250 May Snd NOv.
Nelsonville City Sch. Dist., Ohio 1,1948 to 1957.
Rate of interest
; Bond
Sale —The $3,609 school to be in multiples of -Vk" of 1%.
bonds offered for sale on Nov. 7, Thefee are the bonds authorized at
were
awarded recently to J. A. the election held on Nov. 5.
En*
fnr
for $500,
v
7
.
.
White
&
Co., of Cincinnati, as
price of 100.844, a basis
of about 2.36%./ Interest payable
2V2s, at
M-N.
$1,000.
15,
as follows: $9,000 in 1950 to 1954,
$10,000 in 1955 to 1957, $11,000 in
are
500, payable to the Village, must
accompany the
a
Due in 1948 to 1957, incl.
7
Newton Falls, Ohio
Bonds Purchased —An issue of
$120,000 water works system
bonds
rev¬
close
a
certified
check> for
$300,
payable to the Village Treasurer.
Upper7 Arlihgon City- Sch.} Dist•
(P. O. Columbus), Ohio }
Prices; Paid:
It is stated by
the Clerk-Treasurer of the Board
;
'■'"'■
:
of
Education
that
the
$50,000
July school bonds sold on Nov. 19 to
1963, $13,000 in 1964 to 1966, $14,- 1; by Fox, Reusch & Co.,-of Cin¬ Fahey, Clark & Co., of Cleveland
000: in 1967 to 1969, $15,000 in cinnati, as l%s//Dated July 1, -i-v.- 164y p. 2743—were purchased
1970 to 1972, and $16,000 in 1973 1946, Denom. $1,000. These bonds ,by the said firm at a priee of 101.*
are due July 1, as follows: $1,000
to 1977.
The approving opinion
57 for l%s, a basis of about 1.59%.
of Peck, Shaffer & Williams, of in 1947,r-$2,000 in 1948 and 1949, Dated Dec. 1, 1946/ Due on Dec /:
Cincinnati, will be furnished the $3,000, in 1950 to 1956, $4,000 in! 1/in 1948 to 1971. Runner-up in /
successful
bidder.
A
certified 1957 ito r 1963,. $5,000 in "1964 to the bidding was J. ' A. White &.
check, for $5,000,payable to the 1976,-rand $1,000 in 1977. Callable Co., offering
101:523- for .VA% '
City, must accompany the bid.
inv,whole, or in part after July 1, bonds/
' ' : /,.
/' /''
1958
to
I960,
$12,000
in 1961 to
enue
was
purchased
on
,
.
■
i$4:
,Volume
•I
•'
"•' iw
.
:
Iberia), Ohio-x'-.'-'/-^'^ i
Bend Offering-r-Dwight McCarren, Clerk of the Board of Edu^
cation,;, will, receive
sealed
twister, Okla.
• Av'
fied check for 2% of the bonds,
■A Bonds Offered — Sealed bids payable to the
Borough Treasurer,
were received until 2 pjn. on Dee.
must accompany the bid.
j-V.'Y./•" V-«y />'v.."-'1'*
18, by G. O. Johnson, Town Clerk,
for the purchase of $55,000 water t;v
Eddystone, Pa.
v':-;.
//; L~A:
O.sj^j
;
THE COMMERCIAL & FINANCIAL CHRONICLE
,,;••
.
V *
works
bids
bonds.
Due
$3,000 from
$4,000 in 1968.
Dec. 28 #or the pur¬
chase of $25,000 2Vz %
building
bonds, Dated Jan. 1, 1947. Denorn.
1949 fo 1965, and
$1,250. These bonds .are due $ 1,25b
noon on
P&i 4>' .'^47 ,to-T958^|ici
OREGON
t'
t
■:
Bond Offering—Walter F.
Benton County, Corvallis Sch. Dist.
iuntdl
3343
S*,;!#;vj
Local
Washington'Bloomfield
School District (P.
-
'w:
Number 4553,
Whisky,
Borough
000 refunding coupon bonds. Da¬
ted
:?•'
Jan.
of
100.70, for 2,60s,
Final! $1,00,0. These bonds are due
$2,000
100, also for 2.60s, was Jan.' Ij 1949 to 1956.
Legality ap-u*
by a syndicate managed by proved by Burgwjn &
offer iof
Kuhn, Loe'b & Co.
Bonds' Quickly
1,
bonds at
Sold—Drexel 8c
price of 102.50, to yield
2.38%
to
maturity, and
quickly disposed of the entire is¬
sue.
The group announced that
a
about
Yi
(P. O. Corvallis), Ore.
Bond Offering — The Clerk of
:■
Scott
Township School District
(P.
O.
Carnegie), Pa.
-
1947, Denom. $1,606, a all of the bonds had
been sold and
These bonds are due Jan. 1, as
the syndicate books closed within
%£ OKLAHOMA V"
the Board of Education will re¬ follows: $2,000 in 1949 to 1952, and!
a few hours
following the formal
ceive sealed bids until Dec, 23,
$3,000 in 1953 to 1957. Bidders to;
Cashion Indepdent Sch. Dist r
reoffering.
•name the rate of interest in
■:
mul¬
w.;:V,.-v. No. 89, Okla. <
i'r for the purchase of $300,000 school
Purpose and Details of Issue—,
Bids Will be
Bond Saie-r-Tne $30,000 build¬ bonds, to bear not exceeding 6%; tiples of % of 1%.
received for the entire issue at The bonds are payable solely out
ing and furniture bonds offered, interest. " These bonds are due
of revenues from the
Turnpike;!
any one rate of interest but no
for sale' on Sept 10, were awarded $30,000 from Jan. 1,1948 to 1957,
the faith and credit of the Com-!
bid combining two different rates
recently to the Peoples'National Jackson
monwealth are not pledged.
County Sch. Dist, No. 49 will be
Pro¬
accepted. Registered as to
Bank, of Kingfisher, as 1.70s. .::;C
ceeds of the offering are
(P. O. Medford), Ore.:
being
principal only.
These bonds are.
Bond Sale—The $50,000 school
used to refund $42,300,000 of out¬
if Cheyenne, Okla.
issued subject to • the favorable
Bond Sale—The following bonds bonds offered for sale on Dec. 10—
opinion of Townsend, Elliott & standing Turnpike Revenue 3%%
bonds, holders of which shall have
amounting to $12,000 and offered were awarded to Blyth & Co., of Munson, of
Philadelphia, and will
the right to surrender them and
for sale on Dec. 18—v. 184, p. 3199 Portland, as 114 s, at a price of be delivered to the. purchaser
only
receive immediate payment at the
100.485, a basis of about 1.15%.: if and after the
—were awarded to R. J. Edwards,
proceedings au¬
Dated Nov. 15,1946. Principal and
fqll redemption price with ac¬
Inc., of Oklahoma City:
thorizing the issuance thereof have
interest: (M-N)
payable /at the been approved by the Department crued interest to Aug. 1, 1947; jto
.$10,000. water works bonds. K Due
County Treasurer's office or at the of Internal Affairs. Enclose a cer¬ provide $1,500,900 to complete
$1,000 in 1949 to 1958;
fiscal agency of the State in New
tified check for 2% of Hie face construction of the Turnpike and
2,000 equipment bonds. Due $1,York City.
to provide funds for various other
These bonds are due amount of the
| > h0b iu : 1949 hud 195,0 . ;
bonds, payable to
v
$5,000 from Nov. 15, 1947 to 1956. the
.accounts,
Borough Treasurer.
;
;The next highest bidder was Said bonds were authorized at an
The bonds due Pee. 1, 1.976, are
i the • Security; State, Bank* Chey¬
election held on March 19, 194|6. Pennsylvania
Turnpike Commission redeemable in whole or part npt
•
Churchill,
Pittsburgh. The next highest
bidder was Phillips, Schmertz &
Robinson, for l8As, at a price of
100.08,
vJ
of
"
Co. and associations reoffered the
Secretary, will
receive sealed bids until 7 p.m. on
Dec. 23, for the purchase of $25,r
f
price
made
Bond Safe
The $38,000 school
on Dee. 12
—
bonds offered for sale
164, p. 3008—were awarded
Moore, Leonard & Lynch, of
—v.
to
Pittsburgh,
100,549,
1 V2.s, at
as
basis
a
price of
of about
1.40%.
Dated Dec. 1, 1946. Denomination
$1,000. These bonds are due $30,-a
000 from Dee.
1, 1947 to 1956 in¬
highest bidder
Fauset, Steele & Co., for
l%s, at a price of 100.468.
clusive.
The
next
was
'
Spangler, Pa.
Bonds
Voted
—
The following
bonds amounting to $40,000 were
favorably voted at the election
■<
_
-•
-
,
_
held
Nov. 5:
on
■•'\J-
''
f;^
;-
$10,000 funding bonds.
5,000 flood prevention bonds.
25,000 streets and sewers bonds.
These bonds
are
jn January.
/
to
be
marketed
-
enne.
Legality approved by Teal, WinGuthrie, Okla.
free, McCulloch, Shuler & Kelley,
,iyBond Sale Details—m connec¬ ofPprilandv. . The next highest
tion with the sale of $655,000 vari- bidder Avas the United S.tates
bus purpose
bonds to Stern Bros.
&
Co.» of Kansas City, as noted
here recently, it is nosy reported
by the City Treasurer that C. F.
Cfcilds & Co., of Chicago, were
associated with the above named
.
'firm in the purchase of the bonds,
at par, as follows;
$450,000 water supply bonds; tak¬
ing $180,000 as 2&S, due from
Dec. 1, 1949 to 1957, $140,000
2s, due from Dec. 1,
aS
to 1964, the
000 as
remaining $230,-
2%s, due from Dec. 1,
1965 to 1971,
*
1958
giving a net in-
terest -cost of 247%.
105,000 water extension bonds;
;
taking $40,500 as 214 s, due
w
from Dec. 1, 1949 to 1957,
V :
$31,500 as 2s, due from Dec.
and $33,000 as
2j/4S, due from Dec. 1, 1965 to
1971, giving a pet interest cost
•
;• 1, 1958 to 1964,
;
"
of 2.16%.
w
100,000 park improvement bonds;
$40,500 as
; due
- Dec.
1* 1949 to 1957,
$31,500. as 2s, due from Dec. 1,
1958 to 1964, and $28,000 as
214s, due from Dec. 1, 1965 to
1971, giving a net interest cost
taking
/
-
from
7
::
:
^
Of 2.16%.
'
/■>.
.
It is also stated that the $60,000
extension bonds sold to the
First State Bank of. Guthrie, at a
•'•-net interest costs of about 2.09%,
noted here, were
purchased by
Hennessey, Okla,
Bond- Sale Details—In connect
sale of the
tion with the
street
$12,000
repair bonds to the First
Bank, of Hennessey, as
These
recently, it is
how reported by the Town Clerk
noted here
1
that the bonds were sold at par.
!
—
X
'
noted
is now
above,' it
as
stated that these bonds were
.
also
r
t
■
-
$8,900 water works &s 21&S. Due
in 1949 to 1956.
fire station, park and town
hall bonds, as 23As.
Due in
1949 to 1959.
.
Chester
;
county
hospital bonds offered for sale, on
17
—
v.
to
164, p. 2879—were
the Alius National
Bank, and the
National Bank of
of Altus, jointly, at a
net interest cost of 1.85%. These
Commerce,
bonds
were
authorized
election held on Nov. 5.
"
Municipal Authority, |*a.
Bond Safe—The $100,000 water
bonds offered for sale on
Dec.
12
—
v.
to
164, p.
2743
First
the
^
were
National
are
due $25,000 on Dec. 1, in 1947
to 1950.
The next highest bidder
was the Delaware County National
Bank, Chester, for Is, at a price
of
100,024.
Delaware
Bond
at the
The next
highest bidder was C. Edgar Honnold, at a net interest cost of
1.86%.
.
Gap, Pa,
Offering
Borough
Edythe^[■'. 'L.
Secretary, will
receive sealed bids until 7:30 p.m.
on
Dec., 27, for the purchase of
$22,000
.
awarded
,
Alius),
Jackson County (P. O.
Oklahoma
-
Y '
Dec.
,
as
revenue
Glebe,
,
Bond Sale—The $300,000
-
1,
to
awarded
chants National Bank,, of Hennes-
sold at par:
.
Dec.
f. In connection with the sale, of Bank, of Chester, as .075% bonds,
the following..bonds aggregating at a price of par.
Dated Dec. 1,
$11,200, to the Farmers & Mer- 1946.. Denom. $1,000. These bonds
say^
,
due
are
price of 101.238,
'
2y2s,
bonds
$1,000 in 1947, $2,000 in
1964, and $1,000 in 1965.
The
next
highest
bidder
waS
Mhore, Leonard & Lynchy at a
National
•
Voted
An
—
issue
of
Nov: 5.
on
Jan.
These bonds
1, 1962.
•.,-:• '
due
are
:•>1
-
Richland County
Sch. Dist. No.
(P. O. Columbia), S. C.
1
Bond Sale—The $500,000 school
bonds offered for sale
164
v.
p.
Dec. 17—
on
2879—were awarded to
R. S. Dickson &
Co., of Charlotte,
and F. W. Craigie &
Co., of Rich¬
mond, jointly, as 2s, at a price of
100.117, a basis of about 1.989%.
Dated Dec. 1,
1946. Denomination
$1,000. These bonds are due Dec.
1, in 1947 to 1967. The next highest
bidder was Halsey, Stuart & Co.,
for 2V8S, at a price of 100.297.
\
^
SOUTH DAKOTA
Lennox
Independent School District
No. 65, S. D.
Bonds Voted
—
An issue of
$25,-
000 semi-annual school bonds not
exceeding 1^4% interest, was fa¬
vorably voted at the election held
on
Dec.
10.
1
^
,
1948
A
Bonds
$125,000 school bonds was favor-"
ably voted at the election held
,
follows.
'
^
-
Cherokee County (P. O. Gaffney)
,;•• 5ouf^ Carolina
:
%
.
1965 to 1968.
'
^
-
of 100.108,
divided as follows: $48,000 as 2s,
due from Dec. 1, 1949 to 1964, and
$12,000 as 2 14 s, due from Dec. 1,
the said bank at a price
"'
"
Sale—The $46,000,000 re¬ ranging from 104% on or prior
to Pec. T, 1953 and at a reduced
funding reycnue bonds offered fori
sale on Dec. J74-v. 164, p. 3008^ premium thereafter, sealed down
tional Bank, Portland, for ll^s, at
to par after Dec. 1, 1968. jinking
were
awarded
to
a
syndicate
a price of 101.50,
headed by Drexel & Co., B. J, Van fund redemption prices range from
Ingen ife Co,, BlyHi & Co., both of 103% on or prior to Dec. 1, 1953
Junction City? Ore.
to par after Dec. 1, 1968.
Bonds Voted-^-At a recent elec¬ New York, and including First
Interest on the bonds is exempt,
tion the voters are said to have Boston Corp., Harriman Ripley &
in the opinion of counsel for the
approved the issuance of $15,000 Co,, Inc., Kidder, Peabody & Co.T,
Pennsylvania Turuplk® CommisLehman Bros., Smith, Barney
equipment building bonds,
j&
Federal in¬
Co., A. C. Allyn & Co., Blair. & Cp^ sion, fof present
Multnomah County, Sauvies Island
Inc., E. H. Rollins & Sons,,JJnihn cometa^es under existing jstatutes
Drain Dist. (P. O. Portland), Ore.
Securities Corp., all of New York, and decisions* interest and any
Bond Offering — The Board of
Yarnall & Co., of Philadelphia, profit on the §ale pf the bonds
is exempt from taxes within the
Supervisors will receive sealed Stone & Webster
Securities Corp.,
bids until 10 a.m. on Dec. 27, for
Merrill Lynch, Pierce, Fenner & Commonwealth of Pennsylvania.
the purchase of $50,000
improve-, Beane, Eastman, Dillon & Co., The bonds are eligible for invest¬
ment bonds, to bear not exceeding
ment for savings banks and trust
Otis & Co., Paine, Webber, Jack¬
6% interest.
Dated Jan. 15, 1947.
funds in Pennsylvania, and for de¬
son & Curtis, all
of New York,
Denom. $1,000 and $500.
posit as security for public funds
These
Equitable Securities Corp., Stroud
bonds are due Jan. 15, as follows:
in such Commonwealth,
& Co., E. W. Clark & Co., both of
Construction of the Turnpike
$1,000 in 1951 to 1955, $1,500 in
Philadelphia, L. F. ftothschild 4c
1956 to 1962, $2,000 in 19.63 to 1967,
was commenced in 1938
and. it
Co., of New York, Welsh, Davis ,&
was opened for commercial traf¬
$2,500 in 1968 to 1972, and $3,000
Co., of Chicago, Eldredge 8c Co.,
in 1973 to 1976.
fic in October, 1940.
Principal and in¬ of New
For the year
York, Singer, Deane &
terest (J-J) payable at the Port¬
Scribner, of Pittsburgh, Walter, ending Aug. 31, 1946 total operat¬
land Trust & Savings Bank of
ing income was $3,481,794 and net
: Woody & Heimerdinger, pf Cin¬
Portland.
The approving opinion
cinnati, Field, Richards & Co., of operating income was $2,654,149,
of Teal, Winfree, McCulloch, Shu¬
Cleveland, W. H. Newbold's Son &
Philadelphia Sch. Dist., Pa. I
ler & Kelley, of Portland, will be
Co., Elkins, Morris & Co., both Of
Bond Sale—The. $5,000,000 per¬
furnished.
A certified check for
Philadelphia, Illinois Co., of -Chi¬ manent
improvement bonds of¬
$1,600, must .accompany the bid.
cago, Tripp & Co., of New York,!
fered for safe on Dec. 19-—v.) 164,
Dolphin & Co., Moncure Biddle &
p. 2879—were awarded to a syn¬
PENNSYLVANIA
Co., both of Philadelphia, Moore, dicate headed
by Blyth & Co., of
Leonard 4? Lynch, of Pittsburgh,
Belief
New York, as l%s, at a price pf
onte^School District, Pa.
Butcher 8t
Sherrerd, Schmidt,
Bond Sale—The $36,000 school
100.23, a basis of about 1,8579%.
Poole & Co.; bo.th of Philadelphia,
bonds offeredTor sale <m Dec. 9-Dated Dec. 1, 1946.- Denomination
Barcus, Kindred & Co., of Chi¬
v. 164, p/2879—were awarded to
$1,000. These bonds are due Dec.
cago, Bankers Bond Co., of Louis¬
Phillips, Schmertz & Robinson, of
1, in 1948 to 197L The next high¬
ville, Campbell, Phelps & Co., of
Pittsburgh, as l^s, at a price of
est bidder- was the National City
New York, Johnson & Johnson, of
100.159, a basis of about 1,48%.
Bank; New York, at a price pf
Dated Dec. 1,H946. Denom. $1,000. Pittsburgh, Alfred O'Gard & Co., 101.29, for 2s.
of Chicago,
& Co., of New
Bond
'
SOUTH CAROLINA
earlier than Dec. 1, 1951, at prices
.
sewer
as
(P. O. Harrishwg), Pa.
bear
water
not
coupon
exceeding
1, 1947.
Dated Jan.
000.
These bonds
bonds,
3%
to
interest.
Denom. $1,-
are
due
$1,000
from Jan. 1, 1948 to 1969.
Rate of
interest to be in multiples of */i of
l%r The bonds will be delivered
to the purchaser only if and after
the
proceedings
issuance
thereof
authorizing
the
have'' been
^ap¬
proved by the Department Of'In¬
ternal Affairs of thefc Common¬
wealth of Pennsylvania.^'A certi¬
Burr
York, Buckley Brothers of Phila¬
delphia, Charles Clark & Co., of
New York,' Einbprn &
Cov Fox,
Reusch & Co., both of Cincinnati,
Thomas & Co., S. K. Cunningham
& Co., both of Pittsburgh, Martin,
Burns & Corbett, of Chicago, Biddie, Whelen & Co., of Philadel¬
phia, Weil, Roth & Irving Co., of
Cincinnati, Stein Bros. & Boyce,
of
Baltimore,
Robinson- Hum¬
phrey Co., of Atlanta, Miller,
Kenower
&
Co.,
of
Detroit,
Brooke, Stokes & Co., Walter
Stokes & Co., Suplee, Yeatman &
Co., E. W. & R. C. Miller & Co.,
all of Philadelphia, J. S. Strauss
& Co., of San Francisco, Geo. G.
Applegate, Glover & MacGregor,
both of Pittsburgh, MacBride, Mil¬
ler & Co., Mueller & Currier, Van
Deventer
Brothers, Inc., all of
Newark, Warren W. York & Co.,
of Allentown, Wheeloek & Cum¬
mins, of Des Moines, First Souths
west Co., of Dallas, Milton R. Un¬
derwood & Co., of Houston, and
E. Lowber Stokes & Co., of Phila¬
delphia, as 21/2s, at a price of
100,9399, a basis of about 2.4686%.
Interest payable J-D. Legality ap¬
proved by Masslich & Mitchell of
New York City. Townsend, Elliott
& Munson, of Philadelphia, and
John D. Faller, General Counsel
for
the
highest
headed
Commission.
The
next
bidder was a syndicate
by Shields & Co., at a
PitcQtrn Sch. Dist. (P. O.
Pifcairn), Pa.
Bond
school
Sale
bonds
—
$35,000
offered
for
Mitchell, S. Dak.
; Bond
Election Pending
It is
stated by C. E. Buehler, City Au¬
ditor, that an election will prob¬
ably be held in January, to sub¬
mit to the voters
ing
a proposal call-'
issuance of $700,000
for the
water works revenue bonds,
r-
Philip, S. D.
Bond
Sale
—'
The
following
bonds totaling $90,000, offered for
sale on Dec. 12—-v* 164, p. 2878—
were
purchased by the First Na¬
tional Bank of
coupon
sale on
6—v.
164, p. 2879—were
awarded jointly to S. K. Cunning¬
ham8c Co., and Geo, G. Apple-
Philip, as 3s, at par;
$62,000 water bonds. Due Jan. 1,
in 1949 to 1962.
Dec.
28,000 fire protection bonds. Due A
Jan. 1, 1949 to 1962.
Dated Jan. 1, 1947. Interest pay¬
gate, both of Pittsburgh, accord¬
able J-J, No other bid
ing % to
the
District
Secretary.
ceived.
Dated Dec. 1, 1946. Due $5,000
from Dec, 1, 1949 to 1955, inch
TENNESSEE
Moore, Leonard & Lynch, were
the runner-up in the bidding*
Gallatin, Tenn.
<0%:$
was
re¬
;S?ff
-
Bond Sale—The $20,000 play¬
ground and park bonds offered for
Ridgway, Pa.
Bond Sale
The! $40,000 2Vi%
safe on Dec. 11—v. 164, p. 2743—
general obligation bonds offered
were awarded to ;the Commerce
for sale on Dec. 11—v. 164, p.
Union Bank, of Nashville, as 3s, at
3008—were awarded to the Elk
a price of par.
Dated Aug. 1, 1946.
County National Bank, of Ridg¬ These bonds are due
Aug. 1, in
way, at a price of 106.00, a basis 1948 to 1967.
of about 1.73%. Dated Oct. 1,1946.
Tullahoma, Tenn.
Denomination $500. These bonds
Bond Offering — E. H. Camp¬
are
due Oct. 1, in 1947 to 1962.
The
next
highest
bidder
was bell, Town Recorder, will receive
sealed bids until 3 p.m. on Jan.
Moore, Leonard & Lynch, at a
price of 105.283. Interest payable 10, for the purchase of $65,000
general improvement bonds, not
A-O
Rostraver
—
Township
(P.
O.
R.D.
No. 1, Belle Vernon), Pa.
Bond
eral
Sale
—
The
$16,000 gen¬
obligation bonds offered for
exceeding 4% interest. Dated Jan.
1,
1947.
Denomination$1,000.
These bonds
due Jan.
1, as fol¬
1950, $3,1961, $4,000 in 1962,
and $6,000 in 1963 to 1966. Rate of *
interest to be in multiples of 14
are
lows: $2,000 in 1949 and
000 in 1951 to
sale recently,
were
awarded to
Fauset, Steele & Co., of Pitts¬
burgh, as iy2s, at a price of 100.175, a basis of about 1.468%.
ized
Dated Jan. 1,
6.
1947. Denomination
•
of 1%. These bonds
at the
were
election held
author¬
on
Dec.
Principal and interest payable
THE COMMERCIAL & FINANCIAL
3344
the First National Bank,
■at
.Y-
the direct
and
obligation of the Town
being issued subject to
are
amounting
TEXAS
—
as
$2,000,000
to
on
Dec.
and of¬
17—v. 164,
1, 1946, in the denomination
are
payable to
a
Bond Call
payment:
■
terest*
v
$210,000
series
\
:
as
v
and
•
of .1946,
'/•;
to
water
March
Due
bonds.
works
,
V"*''V;-;•*
-
v-
■
1,
follows: $5,000 in 1953,
1954, $10,000 in 1955 to
1962. to 1969,
and $10,000 in 1970.
260,000
series of 1946, sewer
bonds. Due March 1, as fol¬
lows: $3,000 in 1948 to 1951,
$4,000 in 1952, $5,000 in 1953,
$7,000 in 1954 to 1957, $8,000
in
1958 to 1960, $16,000 in
1961, $15,000 in 1962, $16,000
in 1963, $14,000 in 1964, $13,000 in 1965, $16,000 in .1966,
$17,000 in 1967, $15,000 in
i
1961, $15,000 in
•
1952, $11,000 in 1953 to
1956, $12,000 in 1957 to 1959,
$13,000 in 1960 and 1961, as
2s, and $135,000 maturing Dec.
1, $13,000 in 1962 to 1967, $14,000 ill 1968 to 1970, and $15,000 in
1971, as 2^s,;
:
1953
and
1954, $35,000 in
1956, $36,000 in 1957,
$37,000 in 1958, $38,000 in
1959 and 1960, $39,000 in 1961,
as 2s, and
$433,000 maturing
and
>
District
Rauscher,
and
Antonio
San
of Dallas, as 2s and
:23/4S.
2V4s.
Independent Sch. Dist.
T exas
//■ Bonds Sold
—
An issue of $90,-
3, 3% £nd 3y2% construction
purchased recently by
the Robert Mclntyre Co., of San
Antonio, at a price of 100.382.
bonds
was
dated Jan.
-
Bills
Sold—An
issue of $75,000,000 treasury bills was sold on
Dec; 12, at an average yield of
0.396%. Dated Dec. 13, 1946. These
bonds
due March
are
5545
No.
v
14, 1947.
Avenue, et
ALBERTA
Block 31,
Addition,
Bond
school
Sch. Dist.
Sale
No.
The
—
7, Alta.
$1,140,000
and 4.
/
bonds offered for sale
re¬
bonds,
-
„
2i/2% bonds.
Fayette County (P. O, Fayette*
ville), W. Va..
Snyder, Texas
y
Bond
Sale
—
The
t
livestock exhibit bldg. bonds.
$273,000 maturing Dec. 1,
$16,0001 in 1947
and
1948
W $17,000 in 1949 to 1951, $18,000 in 1952 and 1953, $19,000
in 1954 to 1959,
$20,000 in
1960
and
1961, as 2s, and
Bond Offering—Otway Gunnoe,
following
totaling $150,000, approved Secretary of the County Board of
at the election held on Dec.
3, Education, will receive sealed bids
until 3:30 p.m. on Jan. 15, for the
were awarded to Crummer & Co.,
Inc., of Texas: $50,000 water works purchase of $1,000,000 2% public
system improvement; $75,000 san¬ school improvement bonds. Dated
bonds
basis of about 1.39%.
Dated Jan. 1, 1947. Denom. $1,000.
These bonds are due $128,000 Jan.
1, 1948 to 1967. The next highest
bidder was Laidlaw & Co., at a
100.8577,
For
(P. O. Bar stow),
-ff-x.-:
as
500,000 series 77, agricultural and
v
Bar stow
000
1971,
2nd.
Jan. 1, $30,refunding
bonds,
2^2%
Edmonton
Bell's
A.
Sarah
/
Pierce & Co.,
■
22—Alley
Dec.
On
*
to
City
45.
and
44
$20,000 in 1970,
Dec. 1, $40,000 in 1962, $41,$30,000 in 1971.
000 in 1963 and 1964, $42,000
30,000 series of 1946, permanent
£$ in 1965, $43,000 in 1966, $44,improvement bonds. Due $6,000 in 1967, $45,000 in 1968
J
000 March 1, 1948 to 1952.
system
construction,
and
and 1969, and $46,000 in 1970 itary
Dated Dec. 1, 1946. Denomination
$25,000 street improvement bonds.
and 1971, as 2%s:
$1,000. Bonds shall be optional for 3
200,000 series 75, park bonds. For
VIRGINIA
redemption on and after Dec. 1,
$110,000 maturing Dec. 1, $6,1956. Principal and interest (M-S)
.Richmond, Va.
payable at the Texas State Bank, ;£/ 000 in 1947, $7,000 in 1948 to
Bond Sale—The $2,560,000 pub¬
1955, $8,000 in 1956 to 1961,
Alice, and at any other New York
as
2s, and $90,000 maturing lic improvement bonds offered for
©r Chicago Bank, to be named by
Dec.
1, $8,000 in 1962 and sale on Dec. 18—v. 164, p. 3008—
the successful bidder.
;
1963, $9,000 in 1964 to 1969, were awarded to a syndicate com¬
Alice Independent Sch. Dist., Texas
and $10,000 in 1970 and 1971, posed of the Bankers Trust Co., of
Bonds Purchased—An issue of
New York, Harris Trust & Sav¬
as 2y4s.
$450,000 construction bonds was
ings Bank, of Chicago, Kidder,
50,000 series 76, playground and
purchased recently, by a syndi¬
Peabody & Co., of New York,
recreation park bonds.
For
cate composed of R. J. Edwards,
Braun, Bosworth & Co., Inc., Lau¬
$30,000 maturing $2,000 Dec.
Inc., of Oklahoma City, Crummer
rence
M. Marks & Co.,' of New
1, 1947, to 1961 as 2s, and $20,& Co., Inc., of Texas, of Dallas,
000 maturing $2,000 Dec. 1, York, and Scott & Stringfellow, of
Columbian
Securities
Corp., of
Richmond, as iy2S, at a price of
'
1962
/
|
000,000
Nos. 3 cently, were awarded to James
/§ ;// Richardson & Sons, of Winnipeg/ !
On Dec. 23—56th Avenue, S.W., and Associates, as 2V2S, and 3s, at
Principal and interest payable at et al., District No. 5376 bonds, a price of 100.862. Dated Dec. 2,
the
Chase
National Bank,
1946. These bonds are due Dec. 1/
New Nos. 23 to 27.
1947 to 1961. The next highest
York, or. at the First1 National v On Dec. 24.' — 32nd
Avenue,
bidder was the Dominion Secur¬
Bank, Raymondville. Legality ap¬
South,1 et al., District No. 5540
ities Corp., Toronto, Wood, Gundy
proved by McCall, < Parkhurst&
bonds,; Nos. 11/ to 13.
Interest
& Co., A. E. Ames & Co., and Im- //
Crowe, of Dallas.
ceases on date called. Cash is also
In addition to the. above coupon
available to apply on the follow¬ perial Bank of Canada, Toronto,
the bonds bear interest at the rate
ing matured bonds.
District No. jointly, at a price of 99.598.
of 5% to Dec. 1, 1949. Interest is
4498, Nos. 55, 56 and 57. District
BRITISH COLUMBIA
represented by two sets of cou¬ No.
4237, No. 110.
pons, one of which has been de¬
Greater Vancouver Water Dist.,
tached resulting iii the offering of
VIRGINIA
British Columbia
1955 and
1968 and 1969,
/
The Dominion will
•
950,000 series 74, street improve¬
ment bonds. For $517,000 ma¬
turing Dec. 1, $31,000 in 1947
to 1949, $32,000 in 1950, $33,000 in 1951 and 1952, $34,000
in
.
(Dominion of)
—
call for payment on
al., District No. 5531 bonds, Nos.
and after Dec. 1, 1951,
on
H. L. Collier,
On Dec. 19—Oberlin
optional on any interest
paying date on and after Dec. 1,
1949; bonds maturing in 1967 to
1971 optional on any interest pay¬
ing date
Wash. i
Treasurer, has announced that the
following bonds are called for
of the $300,000 series 73, airport bonds. and bonds maturing in 1957 to
obligation
For $165,000 maturing Dec. 1,
1966 optional on any interest pay¬
bonds, at not exceeding 2% in$9,000 in 1947, $10,000 in 1948 ing date on and after Dec. 1, 1956.
general
—
Bond Call
15, 1943, maturing Jan.
15, 1948, payable in New York.
Seattle Local Improvement
1976
to
Worth, at a price of 100.net interest cost of 2.1566%:
18, for the purchase
the
Districts,
Canada
fiscal agency
State, the Chemical Bank
& Trust Co., New York City. In¬
terest ceases on date called.
and accrued interest on in¬
terest paying dates after not less
than 30 days' published notice as
follows: Bonds maturing in 1972
of Fort
159,
of
par
Hemphill, Noyes & Co., both; of
York, Otis & Co., E. H. Rol¬
Sons, of New York, Com¬
merce Trust
Co., of Kansas City,
P. S. Ander¬ and the Fort Worth National Bank,
CANADA
called for payment on Feb. 1,
in
New
bonds,
power
at his office or at the
1964, $7,000 in 1965 to 1971, $8,000
1972 to 1975, and $10,000 in
1976. Said bonds are optional at
3008—were awarded to a syn¬
dicate composed of Halsey, Stu¬
art & Co., Blair & Co., Inc., Stone
& Webster Securities Corp.,
City Secretary, received
sealed
bids until 7:30 p.m. on
Dec.
and
Nos. 1 to 1861, dated Feb. 1, 1942,
$1,000, and mature Dec.1 1, as
$1,000 in 1947 to 1949,
$4,000 in 1950 and 1951, $5,000 in
1952
to
1956, $6,000 in 1957 to
p.
son,
following
light
nicipal
purchased by
are dated
2y2s,
follows;
lins &
Bonds Offered
said firms
Dec.
fered for sale
of the Town. Enclose a cer¬
Recorder.
the
Monday, December 23, 1946
of
complete bonds will be furnished
the ex¬
Town
that the bonds were
improvement
April 1, in 1948
Worth, Texas
Bond Sale—The following bonds
to the successful bidder at
the
on
Fort
approving opinion of Peck,
Shaffer & Williams, of Cincinnati,
which opinion, together with the
pense
bonds. Due
to 1976
.
Hhe
tified check for $1,500,
;
.
park
3%
25,000
both
in Tullahoma. Said bonds will be
CHRONICLE
a
price of 100.8399.
July 1, 1946. Denom. $1,000. These
bonds are due July 1, as follows:
$22,000 in 1947 to 1949, $23,000 in
1950 and 1951, $24,000 in 1952 and
1953, $25,000 in 1954 and 1955,
$26,000 in 1956 and 1957, $27,000
in 1958 and 1959, $28,000 in 1960
Sale
water
bonds
and 1966,
at
Principal and interest payable
the office of the State Treas¬
urer,
through the Kanawha Valley
Charleston
at
the
Bank
of
Chase
National Bank, New York
or
$1,750,000
semi-annual
offered for
sale
re¬
2.847%. Dated Dec. 31,1946. These
bonds are due in 1948 to 1971. The
next
highest bidder was McMahon
Burns, and the Bank of Mon¬
&
treal, jointly, at
a
price of 98.79*
MANITOBA
Manitoba
$33,000 in 1967 and 1968,
1977 to 1979.'
2%%
cently, were awarded to a syndi¬
cate composed of the Dominions In¬
securities Corp., Wood, Gundy &
Co., A. E. Ames & Co., all of Toronto, and the Royal Bank of /
Canada, of Montreal, at a price of
99.377, a
net interest
cost
of1 -
$29,000 in 1962, $30,000
in 1963 and 1964, $31,000 in 1965
$34,000 in 1969, $35,000 in 1970 and
1971, $36,000 in 1972, $37,000 in
1973 and
1974, $38,000 in 1975,
$39,000 in 1976, and $40,000 in
The
—
and
and 1961,
Bond
(P.
Sale
bonds
O.
Winnipeg)
The
—
totaling
following;
$4,820,000
were
awarded
recently to a syndicate '
composed of Wood, Gundy & Co., /
Dominion Securities Corp., A. E..
Ames & Co., all of Toronto, Royal
Bank of Canada, of Montreal, and
the Canadian Bank of
of
Toronto, at
a
Commerce^
price of 99.71:
/
-
refunding, road :;
2*4%
$2,000,000
'
and
The purchaser will be fur¬
nished with the approving opinion
of Caldwell, Marshall, Trimble &
City.
of New York.
Enclose
a
certified check for 2% of the
face value of the bonds bid for,
Mitchell,
WASHINGTON
Bond
2 V2 %
public building bonds*
$400,000 Dec. 15, 1947 to-
Due
1951.
^
refunding//road/
1,000,000 2% %
and
bonds*
$200,000 Dec* 15, 1952 to>
public
Due
building
Grays Harbor County, Elem. Sch. payable to the County Board Of
maturing Dec.
1, Dist. No. 118
(P. O. Montesano) Education.
1,820,000 2%% refunding, roact
1962, $21,000 in
and
Washington
public building bonds*,
1963,
$22,000 in 1964 and
Martinsburg, IV, Va.
Brownwood. Texas
Due Dec. 15,1966.
Bond Sale — The $48,500 school
1965, $23,000 in 1966 to 1968,
Bond Offering — Paul B. Mar¬
Bonds Approved — An issue of
bonds offered on Dec. 13—v. 164,
Dated Dec. 16, 1946. Interest pay*$24,000 in 1969 and 1970, and
tin, Mayor, has announced that
$200,000 iy2%, 2y4% and 2y2%
p. 2744—were purchased by the sealed bids will be received until able J-D.
$25,000 in 1971, 8S 2y4s.
storm sewer construction bonds
State of
Washington, the only 7:30
Denomination $1,000. Dated Dec.
p.m. on Jan. 2, for the pur¬
QUEBEC
was
approved by the Attorneybidder, according to the County chase of
$900,000 sewerage rev¬
1, 1946. The next, highest bidder Treasurer.
General' on Dec. 4.
Lachine, Que.
enue bonds.
was a syndicate headed by HarriBonds Sold — The following:
Carbon Indep. Sch. Dist., Texas
man Ripley & Co., Inc., at a price
Olympia, Wash.
bonds totaling $885,600, were
WISCONSIN
Bonds Approved
An issue of of 100.0277, a net interest cost of
Additional Information — In
awarded on Oct. 22, to a syndicate
Kimberly, Wis.
connection with the sale of the
$15,000
3%% gymnasium ^con¬ 2.17516%.
composed of L, C. Beaubien 8z
struction bonds was approved by
v
Bonds Offered — Paul A. Loch$1,500,000 special water revenue
Graford, Texas
Co.,* Credit Interprovincial, Ltd.,.
the Attorney-General on Dec. 3.
bonds to the syndicate headed by schmidt, Village Clerk, offered at both of
Bonds Not Sold
It is stated
Montreal, Dominion Se¬
public auction on Dec. 19, $65,000 curities Corp., of Toronto, McNeil,
by the City Secretary that the Blythp & Co., of Seattle, as 2%s,
Floydada, Texas
at a price of 100.013, a basis of 2y2% water system coupon bonds.
Mantha, Inc., and the Banque
Bond Sale Details
The City following not to exceed 4% semi¬
164, p. 3200— Denomination $1,000. These bonds Canadienne
annual bonds aggregating $55,000, about 2.745%—v.
Nationale,
both of'//
-Secretary states that the $110,000
due
$5,000 from/ March 1,
it is now stated that the details of are
offered on Dec. 6—v. 164, p. 2880
Montreal, at a price of 98.77, au,;
bonds sold recently, as noted here
the issue have been changed as 1948 to 1960. Principal and in¬ net interest cost of about 3.03%:
—were not sold as there were no
—v. 164 p. 3008r—are divided as
follows: Denomination $1,000. terest (M-S) payable at the Vil¬
bids received:
follows:
$130,800 2y4% refunding and im¬
Dated Dec. 1, 1946. Due on Dec. lage Treasurer's office.
provement bonds. Due in 194T
$45,500 water works and sewer
$38,000 2Vz % water works and
1, as follows: $36,000 in 1947, $37,to 1951.
Trempleaa County (Pt ,0. /
system revenue bonds. Due in
sewer' revenue bonds. Due on
000 in .1949,'$38,000 in 1950, $39,•;
/
Whitehall), Wis.
155,500 2y2% refunding and im: 6 /
; 1947 to 1976.
Dec. 1, in 1947 to 1956.
006 in 1951, $40,000 in 1952, $41,Bond Sale—The $1,248,000 se¬
provement bonds. Due in 1952*
5,000 s a n i t a ry sewer system 000 in 1953, $42,000 in 1954, $43,47,000 2% % water works and
to 1956.
U
i
ries A, state trunk highway sys¬
bonds. Due in 1956 to 1965.
sewer revenue bonds.
Due on
000 in 1955, $44,000 in 1956, $45,599,300 3% refunding and im¬
Dec. 1, in 1957 to 1966; re4,500 refunding bonds. Due in 000 in 1957, $46,000 in 1958, $47,- tem improvement bonds offered
provement bonds. Due in 195T
deemable on and after DeC;-1;
000 in 1959, $48,000 in 1960, $49,- for sale on Dec. 18-^-v. 164, p. 3008
1947 to 1955.
to 1972.
■i1956. ^
m
Denominations
$1,000 and $500. 000 in 1961, $50,000 in 1962, $52,- —were awarded to a syndicate
1956.
$227,000
$20,000
in
—
—
'
.
1
'
Dated Jan.
DIVIDEND NOTICE
ELECTRIC BOAT COMPANY
33
The
NEW YORK,
STREET,
PINE
Board
Directors
of
has
N.
Y.
this
day
regular quarterly dividend of
per share
on the cumulative
no par
convertible preferred stock of the
company,
payable January 10, 1947, to
declared
fifty
a
cents
stockholders
business
Checks
will
Co.,
be
December
the
mailed
16
H. G.
at
close
of
1947.
2,
Wall St.,
Y., Transfer Agent.
Trust
W.
record
of
January
by
New
Bankers
York 15,
SMITH, Treasurer
16, 1946
■-
1, 1947. Interest pay¬
000 in
1963, $53,000 in 1964, $54,-
000 in
1965, $55,000 in 1966, $57,000 in 1967, $58,000 in 1968, $60,Miami, Texas
000
in 1969, $61,000 in 1970, $63,i! Bonds Approved — An issue of 000 in 1971, $65,000 in 1972, $67,$37,000 3% refunding bonds was 000 in 1973, $68,000 in 1974, $70,approved by the Attorney-Gen¬ 000 in 1975, and $72,000 in 1976.
eral on Dec. 3.
>
"
Callable as a whole or in part in
able
J-J.
inverse
Ravmondville, Texas
-
Additional
connection
Information
with
the
sale
—
of
In
the
1,
1951,
ment
notice, at
$175,000 paving bonds to the CoSecurities
Corp., of
both
164,
and M., E. Allison & Co.,
San Antonio, jointly—v.
of
p.
2880—it is now reported
or
date
on
Bond
order
any
on
Dec.
interest pay¬
on 30 days'
thereafter
j
par.
Seattle,
lumbian
Texas,
numerical
Call—H.
Wash,
L.
These
composed
Bank of Chicago,
Halsey, Stuart &
of
First National Bank of
olis,
Minneapolis,
as
1.70s, at
a
price of
100.925, a basis of about 1.621%.
Dated Oct. 1, 1946.
$1/000.'These bonds
Denomination
are
due April
Ob.pChtbago, at
a
are
dated
Nov.
payable
•.
1*
semi-;
,'
.
..
.
,
SASKATCHEWAN
Saskatchewan (Province
—
It is now
Prices Paid
of St.
Paul, anid J. M. Dain & Co., of
bonds
Interest
annually.
Minneap¬
First National Bank
1/ih 1953 to 1966. The next high¬
Collier, City;/
est bidden was the Northern Trust
1930, series LT-10, mu¬
1946.
Co., Milwaukee Co. of Milwaukee,
Treasurer, has announced that the
issue
First National
of the
of)
•
stated!
by W. R. Burgess, Provincial Reg7
istrar of Loans, that the $3,000,00(>
3j/4% Refunding Debentures sold
to
the
headed by ther
Corp.,
of
noted here—v. 164,
syndicate
Securities
Dominion
Toronto,
as
2880—were purchased by the
said group at a price of 96.66, a
basis of about 3.52%. Due on Nov*
p.
price of 100.735. 15, 1962.
\ '
/V
>
@FedFRASER