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MONDAY
oEC
1% is*
ommetciai an
Volume
Number 4345
160
Pat.
Office
Price
N. Y., Monday, December 25, 1944
New York,
>
S.
U.
Reg.
60 Cents a
Copy
y'>
News
RAILROAD
PUBLIC UTILITY
-
Ltd,—Principal and In¬
terest Payments—
'vv:i'O:/
-/.-'.'V}
The New York Stock Exchange has received notice that pursuant to
order of the Supreme Court of Ontario payment will be made on and
after Dec. 30. 1944, on company's first mortgage gold bonds, series A,
5%, due 1953, in respect of each $1,000 original principal amount, of
$166.50 in Canadian funds, of which $64.18 shall be on account of prin¬
cipal and $102.32 shall be cn account of interest, on presentation of
Abitibi
&
Power
.
Trust Co.
of the Foreign
Exchange Control Board (Canada), obtain United States dollars at
the Control Board rate in settlement of checks for such payment to be
isued
in Canadian funds. * (At 11%
premium, approximately $57.82
U. S. for $64.18 Canadian principal payment, and $92.18 U. S. for
on
which the company's 4% cumulative convertible preferred
be converted into common stock shall, by reason of the
at
stock
may
dilution
or
now
provisions contained in the certificate of
hereafter amended, be reduced below $40 per
:
Of
as
such
of
surviving
his
1,
from Jan.
1945.
7%
;
,
stock and 25,000
shares of the common will be
purposes.
additional
8,600
.'
p.
2393.
Accessories
Aircraft
voted
stockholders
The
on
15
Dec.
change
to
name
long since expanded
for aircraft.
equipment
the
company
-v
.
established
an
electronics division
p.
its
under
Accessories
,
Alabama, Tennessee & Northern
Trust Co.
Manufacturers
The
securities
new
bonds
this
of
&
New' York
The
additional
issuance
common
For
of
shares
exercise
on
stock
the
the
of
Ad¬
Suit
Exchange
has
interest in the affairs,
2771
■
■
been
with
the
company
acquired
have
29,200 shares of American Distilling
held by the State Liquor Control Au¬
purchased by
distribution.-
were
the State in order to
1
take
;;
/',//:'./■;/./:/ //;'y'.''.:
Pecora of
exclusive
the N. Y. Supreme Court, holding
jurisdiction in suits brought under
that
the
dismissed the complaints in
S.
Damon,
.
to
directors
account
holders of
Dec.
on
11
declared
accumulations
of
record
Dec.
a
dividend
of 30
cents
per
was
giving
made
effect
share.—V.
160,
p.
1.
31,
Arrearages on
last.
1944,
payment,
July
1,
1.944,
•;;
Bids -:
■';
-
Dealers,
Brokers,
Institutions,
■
Members
Established 1922
45
4, N. Y.
Bell Teletype: NY
1-573
and warrant agent.
offering has been
underwritten py Hornblower & Weeks and
Banks, Corporations and Individuals have found
us an effective market place for large or small
a
•" g
BLOCKS of SECURITIES
,
j
which
'
" a
are not
§f
readily marketable.
|
INQUIRIES INVITED
incorporated
>
qAllen&Co.
HAnover 2-2600
The
§
Kobbe, Gearliart & Company
NEW YORK
subscription
I
Corporations
DEPARTMENT
160, p. 2393.
Products Corp.—Rights to Subscribe
Holders of capital stock of record at the close oi business on Dec. 15,
subscribe for 93,535 shares of additional capital stock
for each 10 shares held, at $59 per
expire Jan. 2,- 1945.
The Manufacturers Trust Co., New York, N. Y., has been appointed
Offerings
Unlisted Securities
For
STREET
,
'
' "
record on Dec. 20, 1944.—V.
($1 par), to the extent of 1 share
share.
The rights to subscribe will
■g
.
Municipal Bonds
MUNICIPAL
after
amounted to $3.90 per
(including
have the right to
share
the preferred stock, payable Jan. 31
An initial distribution of 60 cents per
on
31.
31,
Aug.
on
the Aug.
to
to holders of
American Home
.
sliare
1944, to holders of common
shares represented by certificates
invitation dated Nov. 6,
corporation
predecessor
only
American Bantam Car Co.—Accumulated Dividend—
The
on
General Corp.—Extension of Tenders—
of the
this
corporations) to tender direct to the corporation (at
1 Exchange Place, Jersey City, N. J.) odd lots (less thap
100 shares)
of such stock for sale at a price ci $8.75 per share net, has been ex¬
tended from Dec. 20, 1944, to Feb. 28, 1945.
The invitation is made
of
Vice-President and General Manager, estimated
his company for the current year will run at around
the new common stock, if the company is not subject
to excess profits taxes.
This would compare/with 1943 net equal to
$2.59 per share on the basis of present common stock allowing for the
recent 2-for-l split.—V. 160, p. 26H.
"
Ralph
term
of
stock
SPECIALIST /V
■•'''•/■'
five actions brought by the
company and- a minority stockholder against iive company officials.
The ections, brought in equity by the company and the Craftsman
Finance & Mortgage Co., as intervener, sought recovery of $296,812
under sections of the Securities Act which, in effect, bar officers and
directors of any company
irom using "inside knowledge" to obtain
speculative advantages over ether shareholders.
The action did not allege mismanagement or official misconduct by
any of the defendants.—V.
160. p. 1178.
American Airlines, Inc.—Earnings Estimated—
of
not exceeding 18 in
FLORIDA & NEW JERSEY
Telephone:
had
courts
American
officers,
to
BROAD
shares
has
Dismissed-—/
Federal
$4 per share on
,
approved by a majority of the board of directors
purchase, not exceeding 500 shares each nor in
the aggregate more
than 9,000 shares of such common stock, upon
such terms and conditions as the board may prescribe, at a price of
30
The
Justice, Ferdinand
2771
that earnings of
r
be
time
Virginia
which
advantage of the whisky
Exchange___2771
Averages..
of
State
stock
thority.
The
company.—V. 160, p. 2641.
Co.—Listing
applied for 2,537,008.
of encouraging greater
may
to
Bond
and
'
Co.—Stock Acquired From State
identified
interests
and
Securities Act.
Stock Exchange
Curb
the
from
common
RR.—Securities—
'
purpose
as
American Distilling
2789
System
'/■
Officials
.
granting of options to such full-time officers,
time
Reserve
&
is to be effective as of Jan, 1, 1944, and all United States
employees of the above-mentioned companies will be eligible on reach¬
ing age 35 and completing two years of service
The plan, limits the pension pavafcle to any employee to a maximum
of $12,000 a year.—V. 160, p. 2393.. v //;;/ ;
Condition Statement of Member Banks of
Federal
the adoption of.an Employees' Retire¬
employees and those of American
States
United
its
The plan
2789
Banks
Reserve
Transactions New York
authorizing
from
Clearings
Transactions New York
the company on the part of its. full-time elected and appointed
the board of directors adopted a resolution on Oct. 4. 1944,
number,
of Bank
Course
Co.—Employees' Retirement Plan
has announced
for
ment.
Foreign Exchange Rates
2789
Combined Condition Statement of Federal
\
at Kansas
authorized the listing of 9,000
common
stock (no par) upon official notice of
of options,
making the total amount of such
Stock
production on
Chemical Corp., Chemical Construction Corp., Davis
Geek, Inc., and Lederle Laboratories, Inc.
These companies are con¬
tributing all of the funds/for the cost of the plan, which are to be
administered by Guaranty Trust Co. of New York under a trust agree¬
that it is prepared to issue
exchange for prior lien mortgage
Northern RR. Corp. in accordance
Manufacturing
ditional Common Stock—
The
.
hundred jeep
the expanded
this equipment through
:<■
company
Plan
Cyanamid
in
of reorganization of the latter
Allis-Chalmers
'*■/..
announces
company
Tennessee
Alabama
of
with the plan
The
2790
L2788
Dividends Declared and Payable
Stock
above.
Corp,
.
which has been turning out several
March. 1941, will, under the terms of
summer.
ment
Sales_._2797
Sinking Fund Notices.2789
Redemption Calls
;
Aircraft
v.
day since
a.
American Cyanamid
2784
State and City Bond Offerings and
Aireon Mfg. Corp.—New Namesee
than
contracts under which more
post-war -/production by American Central for
Willys are 25,000. jeep bodies of a modified design to adapt this popular
military vehicle to. use "pn, farms and to other peace-time civilian
applications.—V/ 160, p. 825.
■/'-<
Investment News.2753
General Corporation and
according to Mr, Walker.—V. 160,
post-war program,
2065.
Contracts
Already scheduled for
Miscellaneous Features
City which was expanded into one of the country's largest manufac¬
turers of radio equipment for the airlines and the armed services.
Aireon Manufacturing Corn, will continue operations of both divi¬
sions
next
—2784
Montreal Stock Exchange..
.2786
Montreal Curb Exchange...
2786
Toronto Stock Exchange..
...
2784
Toronto Stock Exchange—Curb Section____2786
Over-the-Counter Markets
:
•
2787
•
1939
existing
the
contracts, continue at maximum
St. Louis Stock Exchange
Aircraft Accessories Corp.,
further stated that, while
Alteon contemplates continued substantial production of aircraft and
electronic
equipment, it has developed a number of new products
which it is prepared to manufacture and market as soon as materials
are
released*.
i/-;v
Founded in 1937 as a West Coast distributor of aircraft parts and
accessories, the company soon dropped its accessory franchises and
devoted itself entirely to the design and manufacture of hydraulic
In
to
bodies
American Central,
bodies
.2783
2784
Exchange
Pittsburgh Stock Exchange
beyond the limitations implied in the name
according to R«: C. Walker/ President, who
actuating
—
bodies have already been
built and are building by the
Ind., concern, it is announced by Saunders P. Jones,
President.
..2782
Philadelphia Stock Exchange....
the
of
Corp.
..
Los Angeles Stock
redemption rates.
the
Central Manufacturing
Connersville,
Detroit Stock Exchange....
W;:
company's
The
on
the corporation abodt two weeks ago by Ford
and Willys-Overland Corp. will add another 45,000 war-time-
jeep
400,000
ExchangcTi-;-'r^.mv-^-r-'-r-2782.
Cleveland Stock
Corp.—Changes Name—
Aireon Manufacturing Corp.
manufacturing activities have
to
company
*
model
2782
;
,
Cincinnati Stock Exchange.
added to work¬
■
a.
Exchange
Chicago Stock Exchange
years
160.
Stock
Boston
plant expansion and other corporate
' "
shares of common are being sold by a stock¬
preferred stock at prices not exceeding prevailing
Exchange...
Curb
York
Baltimore Stock Exchange
.
the
from
Motor Co.
New
/■"
Orders—
Additional crders given
_2761
2772
2776
...2781
2781
i
(Bonds)
at his own
for 500
RR.
American
V.Pas®
Exchange (Stocks)
New York Stock
New York Stock Exchange
preferred stock is convertible into common at $7.50 a share for
and at $10 for the next five years.
It will be redeemable
at $11 a share on or before Dec. 31, 1949, and at $10.50 thereafter.
A fund equal
to 10%
of net income will be used for the purchase
of
this company,
of
•
company
Erie
order
Hart
The
—V.
Co.—Official Retires—
Vice-President
Stancliffe,
L.
has
Dec. 14 announced the receipt of an order from
50-ton box cars, and on Dec. 19 the receipt of
Colorado & Wyoming Ry. Co, for 50 70-ton steel
selective ballast cars.—V. 160, p. 2537.
The
Issue
Stock and Bond Quotations
holder,
five
/•"■
retired from active service as head of its sales depart¬
ment, it was announced on Dec. 18.
He will remain with the company
in a consultative capacity and will continue- as a member of its board
an
ing capital, and may be used for
The
American Car & Foundry
William
request,
the
Offered—F. Eberstadt & Co. on Dec. 20 offered 75,000 shares of 55-cent
cumulative convertible preferred stock (par $1) and
33,600 shares of common stock (par $1). The preferred
was priced at $10 a sliare and the common at $5 a share.
Net proceeds of approximately $732,000 from the sale of the pre¬
ferred
This
In
Corp.—Stocks
Aircraft
Aeronca
,/'<■'/'
/'//
V
Receives Large
160, p. 2393.
and callable at $37.50.—V.
1947,
1,
■
1
,
public.—•
registered will be offered to the
1962..
p.
of directors.
preferred holders involves a modification
of the pian submitted by the Hughes Committee which was appointed
by the Ontario government to work out a reorganization of the com¬
pany,
The Hughes plan, initially accepted by all but 7% preferred
holders, offered four $25 par preferred shares with a $2.50 dividend
rate for each 7% share.
The new shares, would be cumulative from
Jan.
The remaining shares
160.
and the
company's working capital.—V. 160, p. 217-7.V"
with
settlement
has
company
them.'
V.
used to augment the
proceeds received from the sale will be
net cash
reached with the 7% preferred
stockholders' committee whereby they will receive five shares each of
$20 par value callable at $37.50 and carrying cumulative dividends of
This
children, and in such proportions
or
is reported to have been
Settlement
$2.50
spouse
by the company in its sole discretion.
Air the shares issued under options will be issued for cash
filed a registration statement with the SEC for
2.555,867 shares of capital stock.
Quarterly Income Shares, Inc., and Maryland Fund, Inc., both in¬
vestment trusts of the closed-end type, have been merged into Amer¬
ican.
The corporation has authorized the distribution to the holders
of capital stock, on the date the merger becar% effective, of capital
stock purchase warrants entitling them on or be&ore Jan. 31, 1945, to
subscribe to a number of shares equal to 38% of the stock held by
The
be determined
may
Stockholders—
Settlement With 7 % Preferred
A
incorporation as
sh^re, the option
shall be reduced pro-rata. //"
/■ '•'. /./''■ V:'.-■
The options will expire three years from the date, provided that if
the officer shall die prior to the expiration date the option may be
exercised within one year from the date of his death by and in behalf
price
•
With SEC
Shares, Inc.—Registers
American Business
cents
,./•'//
interest payment.)
Canadian
$102.32
common
price
-.
bonds for stamping at the office of City Bank Farmers
Residents of the United States may, under regulations
less
the
MISCELLANEOUS
INSURANCE
-
per share above the quoted market value of
the date of the delivery of the option.
If the
50
stock
than
not
Co.,
Paper
INDUSTRIAL
-
New
York Security Dealers Association
NASSAU
STREET,
,
NEW YORK 5
Telephone
Philadelphia Telephone
REctor 2-3600
Enterprise 6015
Bell Teletype
New York 1-576
I
HILL, THOMPSON & CO., INC.
120 Broadway, New York 5, N. Y.
|
«
.
■
'
J
P
.
j-3
-^liiiHiiuiiiiiuituiiaiiiiiuinuiiiiuiiiiiumiiiiiiiiumuiLt[u.au.iiH3iitii]ii:'.<;:!:u:i:^i,tiii.uii:uii;iiuiiiiutui'Jiii:iiRiiiiiiiiiniiinuuiuiiuitiniiiiiu^
THE COMMERCIAL
r?s4
American Smelting; & Refining;
including Glore, Forgan & Co., Blyth & Co.'.1 inc.; Paul H. Davis '
Firist Boston Corp., Goldman, Sachs & Co., Harriman Ripley
Co., Inc., Kidder, Peabody & Co., Lehman Brothers, Mellon Securi•3 Corp.,
Merrill Lynch, Pierce, Fenner & Beane, Smith, Barney &
and Union Securities Corp.; also, A. G. Becker & Co., Inc.; Eastr.i, Dillon & Co., Hemphill, Noy'es & Co,, Paine, Webber, Jackson &
< .»»nis,
Whitfe .Weld & Co., Adamex Securities Corp. and Auchincloss,
Iv.vker & Redpalh.—V. 160, p. 2641.
A/t v■ // -.A 'A ■. V A.;,
n.:,p
,
Carrol
,
American
-November
Co.
Stores
.
Securities Co.—To Dissolve—
American Investment
Sales'.
the company have voted to dissolve the company
V 1 to
distribute the company's assets.
Chief among the latter is
> 1,348 'shares' Oat of
the du.uoO shares of Columbian National Lite
i; surance Co. ox Boston,.
'AAA A.A " "'A
.•
*'' A
For each
100 shares of American Investment Securities Co. there
VriU be di-tributcd 9
shares of Columbian National, 1.5 shares of
AA/Arson Life Insuiance Co, of. Columb a, S. c., and bitween $400
I.,ha 6ood in cash, depending upon
the expenses of liquidation.
the free
of
15,990,415
«
;
;
that
,r.on
"News Bureau.")—V.
.
,
'■ ^.. ■<"'
19'4,765*368 k183.3o3,742
15,333,517
r
h'V Allied Chemical & Dye Corp., owner of preferred
>ck of the ccmpany, has riled a petition with the SEC
American Telephone &
.
r
1944—rO Mos.—1943
j
,.vn
A
,
,
,
'
'
Redemption
I
'
revenues—
that
;
i> A.'/1;,;.:/' / //;
t..ect..e Kun.
; >f
A;
•
.f
A
/■■/':*■•;; '■/A.f /; A./I
^;A/A/;;A'av^;
Accept Bids on $720,000 Notes—
To
:The
ccmpany
issued
has
request
a
for
bids
on
issue of A'
proposed
promissory; notes, scries H, in the amount n>t exceeding $720,COO
principal amount, subject tj the approval of the Interstate Co n^'erce
CohimirSiofi.
The- invitation's have been forwarded to 62 prospective
including banks,
bidders,
insurance
companies
and
A
other instityti nal
'
June 1. 1945.
The picceeds acquired
the issuance of these notes is to be applied to the purchase
V quarterly instalments beginning
through
/
613,031
9o,011,651
17,909.616 191,130,873 173
19.517,123
11,435,593
,
White, President, announces that George F. May, Secretary
-"nnny. is -eti ing st Ms own request, elective Dec. 31 and
Charles A, ausch, Assistant Secretary, has been e.ected Secretary,
:/ /investors. The n.tes will be issued under a conditional sale agreement
A and assignment, dated Jan. 1, 1945, and will mature in.30 con.ecutive
''/://;";///-•'•;/ $/".////>;.'$ >ri-/:.;//$■//
19,586,059 17,972,116 191,934,743 174,416,561
rev._
6o,936
62,530
663,o73..; . 803,560
Operating revenues/.—
Operating
;.
Roy B.
!
Telegraph Co,—Earnings-
1944—Moil cn—1943
Period End. Oct, 31—
and common
opposing the
A
'
Ohio IIR.—New Secretary—
.Baltimore' &
v:;-://:'//■.;./:■; V;.^/ri.-.'f.fririA:V
.
Uncodec».b.e oper.
,
2J56.
$ ' ' ' rV"'
1
:
Co.—Plan Opposed as Un-
American Light & Traction
p.
been'eared for redemption on Jan, 1, 1„45, $4,000 of
;i: outstanding l'ir. t mortgage 7% 20-year gold bonds du2 Jan. 1, i948,
at J03 and interest.
Payment' will be made at the H-rtford-Cohnecticut Trust Co., a-pstee, 760 Main St., Hartford, Conn.—V, 159, p. 2627.
Sugar Refining Co.—Larger Year-End Div.
The'. directors have declared a year-end ciiViderid Of $3 Fei snare
on
the common stock, par $100, payable Feb. 2 to holders, of record
Jan. 5.:
A year-end distribution,; oAtSV p'eh: Ahafe.'-wao made j„i n this
issue on Feb. 2. 19.4.
No other distributions were made on The com¬
mon stuck during the curernt year.—V.
k;o, p. 722.. ♦ /**
■
A.'-/
6, '■
159, p. ou4.
.
Ballard Gil Co. of Ilartford, Inc.—Partial
American
investment Securities has been around
stock of Columbian around $165 per share.
and
(t_.A
JA-Ji'ju'i
„
160, p. 2533.
the Army, Navy,: Allied Nations and domestic railroads,
substantial backxg of uhfiLed orders still remains on the
There: have
market, mr sunerMn
Re ent
•
—v.
directors1 of
4.3%-
1944—11 Mos.—1943
1944—11 Mos.-
a
'
'*
'./he
Incr.
Sales
-1943
1944—Mouth—-1943
,l'
^
Period End. Nov. 30—
that
and
company's books.—V. 160,
Wilson,
A.
for
motives
Co.—New Vice-Pres.—
for' many years associated, with Guggenhehh
Brothers, haS been elected a lice-President.
He wjl'l be in 'chaige of
the company's legal department and will assume, his new duties on
Jan. 1.—V. 160, p. 826.
■/ .'.V-f:';"Vl A-m A/' iA V A.I"
Co.,
Monday, December 25,' 1944
FINANCIAL CHRONICLE
&
of 2(0 50-ton automobile type steel box cars to be acquired from the
/
Greenville Steel car Co.
Delivery of the it" cars Is expected to begin
Operating expenses
10,23o,721 111.513,o40
during the month of Febryary, 1945.—V. 160. p. 2642.
A''-A// '/A/
A
/. ilAA-A.
proposed plan is not fair and equitable to the
7,672,895
79,612,233
77.f01.419
8.031,523
Net oper. revenues,,,
Bendix Aviation Corp.—Anti-Trust Action—
(■'
urit v holders'of American, particularly the holders of the preferred
5,335,543
60,17c,512
53,275,565
6,170,757
Operating ta^es
The liquidation of American Light is not necessary under the
A Government anti-trust suit against the corporation, charging eon-.
< .remission's
order 'of Aug. 5; 1941, or under the Act, it contends
Net operating income
1,910,771
2,337,352
19,435,721 24.325.845 : AspLacy with various foreign evnaft^ns/ was ordered to the a* tive trial ..:
rir.tl a ked that the plan be disapproved and American should continue
404,802
823,914 122,423,783 127,747,251
Net income
list D;.c. 18 by Federal Judge Thmfas F. Meaney at Newark, N. J.
A.
V - rxUtenci for the
protection of its security holders and for the
The complaint, iiled by Samuel S,. Is eks as head of the United
—V. 160, p. 2394.
i
i->«<?rit of Is utility system. A'./-"'.
;A
•/,
States Department
pi Ju ti e Anti-Trust Division m New York, con''■V'he /Statement added;: ''Technically,, American-Light is to be distaihed seven counts,,against the Bendix concern and it* officers and A:
(' itfbd; actually, it; is, to continue in business during the years needed
•> charged conspira-y with German, Italian, Japanese,: British and French
f ;v the completion of the 'preliminary transactions.'
Even were liquiThe U. S. Circuit Court of Appeals has alfirmed the conviction of:
//aiy! : f ym4 hist/'-^pnt concerns. • ■
'"'AA' vA/'if/A/^ri://./;:
c it en
ultimately required, is it right that during those years the y three of the, nation's largest tobacco-Companies'on charges af .violating
A
The suit was withdrawn from the act've Tst last year when -t was
common
stockholders should retain the benefits of their investment
the ailti-trust laws.;'/"''/
Af "riAA,/'ri'/AC:r^-y^'y'y:<:Ty
/"
te.mrcd ' n t ,in the public interest" to move the case for trial "d"ring A;
la.
file preferred stockholders—their partners—lose theirs?"
A
6
Fines
the existence ef they pre ent state of war" by the Secretaries of Navy
agg.egatihg $255,090 were'■> assessed in fthe. U. S. District
Homing the plan is not necessary to effectuate the provisions of
Court in Lex ngton, Ky., ,n O/tobur. 1,41, a-,er a 5 V2-month trial, •
/
and War.—V. 160. p, 2397.
rec.bn liAB) me 'statement'" says' whatever couunhxities in corporate
Defendants
in
the orig.nal
actions were American Tobacco Cm,
A nurture exist in the American Light System "are certainly'not
so'' American SuppLers, Inc., George Was-iingoon H..1, uarnes E. Lipscomb
Best Foods, Inc.—Repays Bank Loan—
{■flat and. insoluble that a death sentence is called for,^entailing
Jrq Paul M. Hahn and Vincent Riggio, in one case; Liggett & Mye;s
v
The corpora ti n hai anticipated the • remaining imtalments of its
slnufiul sacrifice oh the' part of the investors."
Tobacco Co.. James W. Andrews, WiJ.iam A. Blount, Edward H. Tnufs.-.Aa ..conclusion the statement held the order of. the Commission of ; • ton and George H. Whitaker, in .the second case;;.R. J. Reynjlds
$3,000,0C0 serial loan made cn Nov. 19, 1942. and payable o *er seven /
years.
This cperati.n. completed with treasury funds; leaves the com/ A. 5,
1641, would be fully complied with, by the sale by United1;; Tobacco Co.. William N. Reynolds, S. Clay Williams, James A. Gray,
& Railways Co. of its entire interest in American Light.: ;'Tt
;/ pany free. of- bank debt.—V, 160, p. .2397. a;1./.;://^;!/' '
; ■
James W; Glenn and Edward A. Darr, in the third.; ' /:; ;,A'A>.?A
he :.incubus of railways which has Created-the present situation.
/
The
three
appeals were grouped before the Court of Appeals.—
}f .the'"incubus were removed—and we think it can be,
without any ' *; V. 160, P. 2394.
'■
of liquidation.
the
stated
Aliled
"
—
.
,
.
.
1
sub-
'
*
Handle Pipe Line—
...i-.-'u
i; ,!t-ricah Light & Traction Co. filed Dec. 14 with the' Securities
'••«vv.d Exchange commission. an amendment to a plan , to construct a .;.
{' ;"t,060,000 •natural gas pipe line from, the Hugqtom gas fields in Kah*
th, Gklahpma and Texas to Detroit with a branch extending to withip
'-■V./'"Cousin.
-''-A /- ;A". '-A;-- f* ''A;'-'A/A- A".'./'./-A,/.: v:Ao
LL.uer the amendment American. Light would form under Delaware v
I 'wj a new company which it said would be called "The Michigan- . .
V'isnonsin' Natural Gas Pipe Line Co. or some other suitable name."
iv.Aould. acquire for $5,000 the new company's initial capital, 50 shares
</ $;0i) par value capital stock.
AAA/ /AA- A/AA;'A A-'A-AA.', I
6; Organization of the/ company is-, a major step in the liquidation of
'•/. mar jean Light under a plan filed by its parent, United Light & -Power'.;, •
<;-hoany..
z:A..
•■/'-•:••fA-A";
A'•
Tie amended ■petition said the major part of American Light s inx. foment in Detroit Edison C:As common stock would be used to finance
1/e pipe line and that ultimately ad of the capital stock of the new •
< imp ,nT' would ?e owned by Michigan Consolidated Gas Co., Milwaukee
Asks New Firm to
■
•
aiuj Madison Gas & Electric
<Light Co.
end.
; <
•
VT.
.'.
■.
American'Light sub-
Co.,
through" which; the pipe line would v
prowenriy serving the area
«
.f-v ;1''
,
'A '
SEC Denies Petition for Stay—
f
Exchange
and
Securities
'.ie
' '
■■■■
petition
CommLsion denied Dec. "19 a
in the proposed liquida/■/.,:1
-rivOtis ho.ds 10 preferred shares in American Light's parent, United ;
3.;kht
Power.
It has asked the Supreme Court to exclude common
f r"Cholders of United Light from any participation in the distribution
the- common stuck of American Light & Railways Co/; another , sub-. ;
f-friary of United Light and an intermediate holding company
of r.
.•/.-,,'erican Light & Traction.: ■
"/
•V-.'1'1"
. ;ri" ,V■ ■ <vyy sought a stay in American Light &> Traction proceedings pending
Vri court's decision,—V. ;160, p. 2641.
.ri/://'v'i';yj'
•
.Otis & Co., Cleveland,
f•.
ii
the company/
of
.
■.
to stay proceedings
..
■
Common Div.—
;
7 ne directors have declared a dividend of $1.50 per share on the
mmon stock and the usual quarterly dividend of $1.25 per share on
'
.f'o.?:preferred stock, both payable Dec. 31 to holders of record Dec. 19.*}'r-.d.rlbutions of 50 cents each were.,made cn April 1. July 1 and Oct. 1. ,
i *>.s year.
Payments in 1944 will amount, to $3 per: share, the same
American Manufacturing- Co.—$1.50
..
<
disbursed
K.,.
1943.—V. 160, p.
in
1289.,/
..
pHbridiaries:
34,837,535
13,878,040
-'eating revenues
ie.rating expenses
4
>
$
S
34,286,221 140,742,532 132,400,345
13,466,223
55,758,211 49,868,822
4,758,186
23,921,466 18,792 205
2,523,105
9,958,713
10,102,361
5,228,785
2,919,308
2,930,145
11,719,351
10,320,846
10,608,562
39,384,791
41,835,805
101,726
107,256
381,426
10,422,572
10,715,818
39,766,217
42,186,965
4,418,833
vet
<
revenues
oper.
income
tneti
income
:oss
subsidiaries to sell their properties and liquidate.
that in most instances the storks and notes
will be sold.
It is contemplated that sales
made under the liquidation plan will be accomplished through invita¬
tions for bids for the securities or properties to be so.d.
Minnesota
Utilities Co. has heretofore entered into an agreement for the 'sale
of all
of its e.ectric and steam heating properties,, which sale, and
the subsequent liquidation., of
that company, wi.l be a part of the
liquidation program. /;■ /./ Z. /"
"Av'AA/ri:/:.,: ■
"The proceeds received by American from the sale of its. subsidiary
companies, or from the .liquidation of subsidiary companies following
the sale of
their properties, after deducting the necessary expenses
with respect' to such sa.es and liquidation, will te employed in the
retirement of. the collateral trust bonds: of American by purchase or
call at such prices as may be determined by the Commission as a part
of the liquidation: plan.
/.:''"/ ■: .'/A- ■' •/; '•:' •
"If and when all of the outstanding collateral trust bonds of Ameri¬
can shad have been reared, ali
proceeds of sales another remaining
assets, after payment of all other obligations of American, incmciing
the expenses of the liquidation plan,
or making provirion therefor,
shall be distributed from time to time pro rata among the holders of
the shares of preferred stock and common stock (or voting trust cer¬
tificates for shares of common stock as the case,may be) in the pro¬
portion of 85%, thereof to the ho'ders of the preferred stock and 15'A
thereof to the holders of the common stock.
' /
"The 85%
distribution to the holders of the preferred stock shall
be in fuil and complete satisfaction-of all claims or rights of such
preferred stockholders, including all claims or rights with respect to
accumulated and unpaid dividends.
American may require the holders
of voting trust certificates for shares of its common stock to surrender
such certificates before such holders shall be entitled to receive any
distributive payments under the liquidation plan.
After the disposi¬
tion or distribution by American of all of its properties and assets,
American will dissolve."
'
:/
A/;
:';A-.-A.!';/'
The pian further states that American proposes/to inail to each of
its stockholders a letter transmitting a copy of the liquidation plan,
together* with a copy of the notice of fi'ing and order for hearing isused by the Commission upon the liquidation plan..—V. 160, p. 2289.
is
c,
•
i.
—
3,838,525
16,626,254
15,641,753
A--——-—-
6.003,739
6,877,292
23,139,963
26,545,212
public—„
1,536,195
1,786,149'
6,431,262
7,157,302
4,467,544
5,091,144
16,708,701
19,387,910
12,214
11,973
4,445,330
5,079,171
deductions,™
.
o:.iir nee
dvs. to
*v2i:
ib
'
•.*
nee
;•
..:
——
applicable
g". il'on
to
1
in/rlty interests
.
t
47,840
.
53,101
equity Of Amer.
'
\
&
came
•
L
L.
Co.
in-
in
of subs.—,.
19,334,809
16,660,861
expected,
3:'
16,660,861
5,079,171
4,455.330
equ'ty of company,
19,334,809
51,360
28,725
174,963
80,675
16,835.824
19,415,484
145,276
5,107,896
88,774
457,239
656,758
2,318,517
2,676,451
oenses
"
4,362,364
14,060,068
16,296,919
65,646
38,725
384,240
277,312
3,723,886
4,323,639
13,675,828
.16,019,607
taxes
"aiance
carried
to
ousoi. earned surp.
.-'-j'./dividend
<t
meci
i
;ee
5
or
requirements applicable to
unearned.
+Of
this
subject, to appropriation
'.gnt'oxik and
t
JusUnent
Northwestern
and
plant
fciu.vjnission orders
of
.—V.
share
on
the common
22.
No
'
of record Dec.
2211.
*A
160,
p.
16. 1943.
723.
Borden Co.—Record Sales and Earnings—
Sales
payment
made
1967,
V.
of interest amounting to $45 per
1, 1945, on the sinking fund
160, p. 2642.
.
Associated Electric Co.—Sells
,
Subsidiaries—
properties of the West
Virginia Light. Heat &
to Mohongahela West Penn Public Serviee Co., Fairmount,
$427,633 has been approved hy the SEC.: West Virginia
is a
wholly-owned' subsidiary of Associated Electric Co. ' Associated
will
acquire
West
Virginia's
assets following the sale and West
Virginia will be dissolved.,....
: A 'v
.■'•■'/
Power
W.
Co,
Va..
for
(Ky.)
the
2.900
company's sale of its wholly-owned subsidiary, Owensboro
Gas Co., to W. T. Stevenson of Owenaboro has been approved by
SEC.
Associated's interest in Owensboro Gas Co., consisting of
shares of common, stock and
$515,807 of open account indebtedness,
The
will be sold
for $624,500.—V. 160, p.
2395.
for
earnings
1944
are
likelv
to
be
the
largest
in
the
-
.
than
somewhat larger
;
Net
sales
.last,
year
/
the $2.17 g common shaie repotted in 1943./
amounted to $371,866,527; the biggest in the
XAAA" A'■;://
history of the company.
Sale of Property—
/•'•Avw'./
'
.
Eight industrial properties in Manhattan owned bv the company
sold at, auction Dec, 18 for a total of $248,4001 They include the
fivri-stury b.ri ding wiih two at re/at;221-23 Third Ave., and 201 East
24th St., known as the Hotel Monroe (bid in at $43.500»; a two-story
gar/go at .203> East. 21th St., for $3,700; the six-story building con- A:
taining approximately 66,000 square feet ot floor space at 205-11 East
24th St., for $76,000; the five-story building at 213-21 EhHt-24th Stii':;'-:
containing approximately 59,000 square1 feet, for $65,000;
the fivestorv building at 223 East 24lh St; containing 11 000 square feet; for
$9,000, and the two one-story garages at 206-208 and 219-14 East
24th St., for $46,009.
A cne-ftory garage at 229 East 24rii St. was %
sold for $4,700. :f"New York Times,")—Vy 160, p. 1522.
.;
* '
were
.
Asks
Co¬
operation of Holders of Publicly Held Preferred in
to Bring About Liquidation—
Plan
Railroad
Boston
A
protective
101
y
Holding;
Co.—Committee
committee for holders of
the
publicly held
preferred
cmriR'lng of Uher es F
Adams, Chairman,
L. Sherman Adams/a trustee of Massachusetts
iLV.ejjliUoC,
Waituri a. ;Coitnolly,. Bosion securities dealer,
with Henry E. Foley, counsel.
.//'■;/,"■';-:-A://'A/I:'■ AA;
/•'/:.'•
A A,A:
In a letter to holders of the publicly held preferred, the committee
states that the purpose of its formation *$ to enable cooperative action
in an endeavor to bring about distribution among such holders of the
Boston & Maine RR. stock held by the Holding Company or of the
yt—k
bee'-
*
Milk
formed
St., Boston,
of sale of that stock.
The committee proposes to assert h
prior lien, in the event of liquidation, in favor of the publicly held
preferred shares, ;
"■""*;-A -A." AAAA
A' A./'A /', '-/./■.
'.''/'/
The committee in its letter says in nart:
•/;..
"' A •'
"This committee has been formed in the interests of holders of the
proceeds
.24,150 publicly held shares of the preferred stock of Boston Railroad
Holding Co. (these being the shares of the preferred stock of thatcompany other than the preferred shares held either in the treasury
of the comnany or bv the trustees of the New York, New Haven &
$1,000 debenture will be
income debentures, due
of business on Dec. 21, 1944.—
A. ./ ;/ //
A; A
Jan.
on
to holders of record at the close
and
history of the ccmpany, according to Theodore G. Montague, President.
Preliminary estimates indicate that net income this year Wilt be
Inc.—Output—
Co.—Weekly Output—
Electric Corp. report that the
electric output of the Associated Gas & Electric Group, for the week
e-iaed
Dec.
15/ 1944 amounted to 145,731,497 kwh., an increase of
3,562,319 kwh., or 2.1%.—V. 160, p. 2642.
The
trustees
of
the Associated Gas &
Ltd.—Partial Redemptionon March 1, 1945, a total of
$69,500 of 15-year 4% bonds due Nov. l. 1951. at 102 and interest.
Payment will be made at the Bank of Nova Scotia in Montreal, Quebec,
Toronto, Ottawa, Hamilton, Kitchener, Charlottetown, St, John (N. B.),
Atlantic Sugar Refineries
balance,
by Florida
Electric
approximately $676,000 in the
1944,
acouisition
Power
Co.
for
&
the
adjustment
regulatory authorities.—V.
called
There have been
Halifax,
for redemption
Regina,
Winnipeg,
Calgary and
Vancouyer,
Canada.:—V. 156,
2303.
respective periods whether
months and $2,298,000 in the twelve months ended Oct. 31,
I
per
holders
pared with five cents on Dec, 22. 1943, and 10 cents on Aug.
Anglo-Chilean Nitrate Corp.—Interest-
p.
'•
to
y
Hartford RR.)
Each of the members of this committee is an owner oC ;
preferred shares.
AA z .
•■:,■/"./ / /
:
"Tne purpose of ihe formation of this committee is to enable co¬
operative ection amrnw the holders of the publicly held preferred stock:
of Boston Railroad Holding Co, in an endeavor to bring about distribu¬
tion, among such Holding Company preferred stockholders, of the BosIon & Maine RR. stock heid by. the Holding Company or of the pro¬
ceeds of sale of that stock.
The assets 01 the Holding Company con¬
sist exclusively, or almost exclusively, of shares of the capital stock of;
Boston & Maine RR.
These shares, according to the latest available/
information, are as follows:
219,189 shares oi common stock,
of non-cumulative preferred stock, 576 shares of class B
.shares
Light Co.
ipending
of plant
pursuant to
deposition
accounts
160,
p.
2641.
Baldwin Locomotive Works, Inc.
Backlog—
.
—
Has
Substantial
*
Chairman of the board, in a message accom¬
checks mailed to common stockholders, stated that
production is being held at top figures from month to month on loco¬
Charles
E._ Brinley,
panying dividend
".
6,54:5:
first/
shares of class .3 first preferred stock, 1,1061-.'
shares of class D first preferred stock, 43,990 shares of 7% prior pref¬
erence stock.
y,
A- "The Massachusetts statute, pursuant to which the preferred stock:
of the Holding Company was issued (Statute 3910, c. 639) provides)
that:
■";.. /■'
''
«eV/v '//
Subject only to the rights of creditors of sold Boston Railroad! '
Holding Co. existing at the date of the stockholders' meeting at/
which any of said preferred stock i's first authorized, said preferred! A
stock, to the amount thereof at par at any time outstanding, andi
also accrued and unpaid dividends thereon, shall be and constitute a,
charge and lien upon, and ba secured by, all stock of the Boston <Sc .
Maine Railroad at any time held by said Boston Railroad Holding Co.
"This committee proposes to assert a prior lien, in the event of liqui¬
dation, in favor of the publicly held pieierred shares in accordance
with the terms of the stock certificates and of a decree entered by the
U. S. District Court for the Southern District of New York on Oct. 17.
1914, as modified June 4, 1923, in a ca^e. entitled United States of
America vs. the New York, New Haven & Hartford RR. Co. and others.
"As no
dividends have been paid on the preferred shares of the
preferred
stock,
2,469
h
3,789,532
f a lance
t
2
share
per
Bine Diamond Corp.—10-Cent Distribution—
the
of
442,114
571,882
income
ome"
payable Jan.
-
cents
.
'.irest & other deduct.
3
both
paid during 1344.—V. 157, p.
was
15
on
•:
electric properties of this- company, for the
week
ended
Dec.
16,
1944.
totaled 87,675,000 kwh., .an increase of
1.30% over the output of 86,542,000 kwh. for the corresponding week
of 1943.—V. 160. p. 2642.
'/;/;.,
;/■
/;A
output
Associated Gas & Electric
4,506,690
.3.
dividend of
extra
The directors on Dec, 13 declared a dividend of 10 cents per share
the $2 par value capital stock, payable Dec. 27 to holders of record
Dec/19.
A similar d; tribution was made on Aug, 21, last, as com-
/
however,
American Water Works & Electric Co.,
Power
bight Company:
l"";:
$1,
par
extra
....
,.,rican Power &
< i>-er
an
the subsidiary companies
The Sale of the electric
;
declared
the usual: quarterly dividend of 25, cents
stock,
It
public
to
Interest
j;*/:
and
on
of
351,160
2,490,556
corporation
through causing the
&
retire.
The directors have
Liquidating
Dec. .14 filed with the Securities and Exchange
Commission a p.an of liquidation to replace its former plan of recapi¬
talization.
Hearing pn the liquidation plan will be held Jan. 4.
The liquidation plan states that:
y
"American will forthwith embrrk upon a program for the disposi¬
tion of its investments in its subsidiary' companies, either through
the sale of
the stocks and notes of such sub.idiary companies or
The
11,801,152
< 1;kx
,
'
$
depl.
aserve' appropriations
taxes
taxes
merty
♦
.
■'
_-,i—•_-i.
3 oderal
riwVier
}
' V.
Cory.- -Files
Service
Plan With SEC—
'
$
Utilities
American
1944—12 Mos.—1943
1944^-3 Mos.—1943
31—
/;;■://
.'A-;,/
:
(& Subs.)—Earnings—
Light Co.
American Power &
f rriod End, Oct.
/
Bickford's, Inc. (Md.)—Extra Distribution—
which American Light may
V .//..' '/■;///A . A',/■
adice to Railways—any complexities in
11 .nvoived will automatically disappear.".
:fi
j
Holding Company
tion
of
the
New
since July 10, 1937,.
York, New Haven &
and as the plan of reorganiza¬
Hartford RR. approved by' the
court, provides for a termination of the New Haven's
previous guarantee of the par amount of, and dividends on, the pub¬
licly held preferred shares, it is deemed essential in the interests of
the publicly held preferred stock that strenuous effort'be made to sereorganization
/
2753
'
distribution
cure
Boston
the
of
RR.
Maine
&
stock
plan of reorganization or the New Haven
If such action
proceedings.
subsequently appears required, authority hereafter will. be requested
lor this purpose.
■
"This committee will serve without compensation and no expense
executing the enclosed power, unless
expressly authorized by such person.
The enclosed power
be revolted ac win ana without expense/'—V. 154, p. 425.
be
will
incurred
by
person
anv
may
been
maintained
Lynn RR.—Distribution to
Revere Beach &
Former Bondholders—
of
liquidation
$75
per
,-V-'
.
former bonds.—V.
150, p. 3347.
'
issue
new
first mortgage
103
■company for
The
1, 1962-68 '
earlier.
A sinking
of
.retirement
.■figures were 200,204 tons and $2,127,348.
Working capital
.1944 amounted to $8,528,685, as compared with $7,998,555
V.
also
See
1943.
160,
p.
City,
.
called
been
for
to
1945,
1,
'1
authorized
were
.
to
in
pay,
respect to the
of
the sum of $462,500,
'//yy. V
said amounts' payable
-
be
•
Trust
Co.,
Bank
&
respect of said
in
16
Trust
of
Co.
Savannah,
Broughton St.,
West
2
Chattanooga,
Rome
Sa¬
Hanover
the
due
1, 1945.—V. 160, p. 2539.
corporation has called for redemption on Jan.
The
Budd Manufacturing
Common Stock With SEC—
G.)
(Edward
The company
land
Co.—Registers
ates
exercisable at $7.50 a
and
3.
share, while the
to
Subs.)—Earnings—
1942
$4,694,11.3
•Gross income
$2,296,183
$2,072,330
1,268,822
Portland
968,175
1,098.431
$973,900
The
Total
$1,340,684
$985,835
151,835
114,012
179,855
168,317
charges
Other
&
JPeprec.
than
a
income
the
&
profit
528,659
325,046]
$817,941
$491,873
The
^Earnings
per
common
share
The
The SEC has declared
Investment Company—
that company lias ceased to be an
and that jts registration under
terminated.
company
Ihas
been
Company
has been merged
-America.—V. 160, p. 219.
into
investment
bonds,
Investment
Company
of
first
stay
Exchange has
The
bonds,
bonds
1, 1949, and
will
that date at office of
authorized
series
A,
the
listing
of
$50,-
due Aug.- 1, 1374. upon
interest from Aug. 1,
bear 4 JA%
p.
in
Service Corp.—Earnings—
1944—Month'—1943
$349,222
$3,976,688
$3,781,469
251,763
237,159
2,722,744
2,521,430
$123,076
$112,063
$1,253,944
7,632
$1,260,039
9,425
$123,754
$121,488
$1,261,576
$1,272,063
income
678
.
.
12,024
25,635
44,591
270,555
494,572
surtax-
26,200
30,900
276,600
288,400
profits tax.
13,000
deductions
normal
excess
&
Net
$58,919
income
Pfd.
dividend
—V.
160.
p.
54,500
requires.
13,260
$45,997
25,373
$659,921
$489,091
202,540
279,101
2291.
31,404,000
."Expenses
IProflt
—V.
5,575,000
^
Period End. Nov. 30—
Gross
37,001,000 402,623,000 401,535,000
29,775,000 330,665,000 312,952,000
7,226,000
71,958,000
Traffic
—V.
earnings
160,
p.
———*———
Net
operating income
Net income
Earnings—
2643.
,
$5,821,000
per
Bal.
1943
'
—V.
share-
in
the
and repeated in (hi
the Nov. l hearing,
did not have the power to order the payment.
appeal that there was no basis in the recov l
the payment were also raised
at the hearing.
to
$13,718,700, plus more than
However, payments previously made in¬
Objections
to
groups
RFC
the
back
amounted
interest.
has
not
action
such
the
delay
was
yet approved the Rock Island reorganization,
has been expected for some months.
In som*
attributed to a desire to dispose of the maC .f
paying off the RFC first.
Island
to
trustees
response,
The court recently authorized the Roc. c
Choctaw & Memphis RR" bonds at
purchase
price of
$145
per
bond.
The offer
failed
to
attract a
sub¬
the treatment given the issue in the Rock Isl; x.l
as
plan would be in excess of this amount.—V. 160, p. 2539.
Chicago & Southern Air Lines, Inc.—12%-Cent Dh
directors
The
the
no
Dec.
have
declared
a
dividend
of
12%
cents
,~-*
share hi
per
value common stock, payable Dec. 27 to holders of recor l
made on Jan. 1. 1944; none siMWv
par
A similar distribution was
18.
Payments in 1943 were
July 1 and Oct. 1, 12Va
as follows:
Jan. 2, 25 cents,
cents each.—V. 160, p. 1628.
April
and
of
loss
.
160, p. 2644.
Chicago
jfcl
Michael Li
Igoe
has
continued hearings on
plan for the Chicago Surface Lines and
Judge
reorganization
Rapid Transit Co.
to Jan.
1945.—V.
19,
160, p. 2644.
Chicago Union Station Co.—Definitive Bonds—
for
National
N.
Y.,
delivery
Bank
or
of
bonds, series G, 2%%, due July 1, 1963 Ht
exchange for temporary bonds at The CI; v-J
of New York, 11 Broad Street, New Yoc;f„
Continental Illinois National Bank & Trust Co,
d
the
at
Chicago.—V,
160.
in
the City
p.
1523.
Chrysler Corp.—Cuts Cost of Reflectors—
tough
for
metal
in
large
Navy searchlights,
alloy
so
precisely cut and polished fr
that they are capable of throwing a 30,000,0(. )
light more than 20 miles have been produced
by this corporation since the war began, K. T,
told stockholders in a report accompanying a d /.U
14, 1944.
quantities
President,
Keller,
of
beam
By developing special machines at a Chrysler Division plant, &xVl
applying the company's peacetime method of polishing metals by
\
known as super-finishing, the cost of reflectors to the Gov¬
ernment has( been reduced by 50%, manufacturing time reduced, hj
40%, and reflectivity efficiency increased by 15%, Mr. Keller sai<5,~»
process
V.
160, p. 2292.
$
1944—11 Mos.—1943
$
16,871,521 201,127,037 190,442,733
■
%
;
:
Cincinnati Street Ry.—Earnings—
Period End. Nov. 30—
Revenue
—V.
passengers
1944—11 Mos.—r-M
$664,240
$682, % 1
1944—Month—1943
$59,092
Net income—
10,226,487
$60,780
9,950,562 111,631,234 105,416^
160, p. 2399.
Cities Service Power & Light Co.—Files Plan for S:j3
of St. Joseph
Subsidiary—
has filed with the SEC a plan to sell Its entire inter02^
Joseph
(Mo.) Railway, Light, Heat & Power Co.
The company
in
Sc.
the
$2,200,000 to Continental Gas & Electric Corp.
Prior to the sale. Power & Light and St. Joseph would make balaac}
adjustments and
sheet
St.
reconstitute the corporate capital structure
Joseph.
Commercial
and
iii
1
would acquire from its parent the 35,000 shares ($?}"')
par) common stock outstanding, 5,544 shares of preferred stock i.lJ
$1,515,000 of serial income notes.
The common stock would be a capital contribution.
In exchar.gi
for the preferred stock and notes, St. Joseph would issue 20,694 shc.ivj
($100 par) common stock to Power & Light.
St. Joseph would then redeem its $4,921,000 of 4.Ys% first mortg<v*4
bonds, due 1947, and issue $3,750,000 of new 3%%
first mortgv,;;-)
bonds, due 1970.
St. Joseph' preferred stock would be reclassified i- u-j
class A and B 5% cumulative preferred. >
Following these and a number of other steps outlined in the plac\
Cities Service would wind up with the 20,964 shares of $100 par va% i
common as its only interest in St. Joseph.
These shares it would tLczi
sell to Continental for $2,200,000 and use the proceeds from the
Joseph
3,116,942
38,380,423
in
the
prepayment of bank notes.—V. 160, p. 2399.
,
962,714
984,332
11,257,032
10,451,577
2,660,482
2,186,287
2,875,912
2,428,310
30,723,024
34,270,219
$0.29
25,531,069
City Stores Co.—12%-Cent Distributions—
48,351,688
28,776,062
$3.33
$3.70
460,803
Regular dividends of 12% cents per share have been declared on t!/)
and class A stocks, both payable Feb. 1 to holders of recoi l
Jan, 10.
Initial distributions of like amount were made on Nov. 1. la:/*
common
41,833
38,098
472,810
First Step
2,144,454
2,390,212
25,070,266
28,303,252
and
Taken for Post-War Expansion—
on Dec. 19 purchased all of the assets, except ce 1*1
Government securities, of R. H. White Co, of Boston, a who .:•?
subsidiary of Wm. Filene's Sons Co.
The purchase,. made
J
The
company
owned
■Jf,
1
1
-i
-
— ■ ■
1
'
mmHSSgt
Company, Publishers, 25 Spruce St., New York 7. N. Y„ BEekman 3-3341. Herbert D. Seibert, Editor and Publisher;
twice a week [every Thursday (general news and advertising issue) with a statistical Issue on Monday]. Othei?
London, E. C., England, c/o Edwards & Smith, Copyright 1944 by William B. Dana Company. Reentered as second March 3, 1879. Subscriptions in United States and'Possessions, $26.00 per year; in Dominion of Canada, $27.50 pex1
year; South and Central America, Spain, Mexico and Cuba, $29.50 per year; Great Britain, Continental Europe (except Spain), Asia, Australia and Africa, $31.00 per year.
NOTE: On account of the fiucto
actions In the rates of exchange, remittances for foreign subscriptions and advertisements must be made in New York funds.
Financial Chronicle (Reg. U. S. Patent Office) William B. Dana
William
Dana Seibert
President; William D. Rlggs, Business Manager.* Published
offices* 135 S La Salle St
Chicago 3, 111. (Telephone: State 0613); 1 Drapers' Gardens,
class matter February 25
1.942, at the post office at New York, N. Y/, under the Act of
The
if,*
Chicago Surface Lines—Hearings Continued—
Federal
amended
other
and
income—
transfer, to profit
and
■
—-
com.
funds
approp.
$6,040,000
2,773,271
.
'.Other railway taxes——
88,583,000
Sink.
1944
17,488,457
income
taxes
Earns,
Week Ended Dec. 7
Filed—
Fed. inc. & excess prof,
160. p. 2291.
Canadian Pacific Railway—Traffic
1944—Month—1943
$
1944—11 Mos.—1943
$
36,979,000
earnings
although
St.
Chesapeake & Ohio Ry.—November Earnings—
dross
wvl
indebtedness to less than $19,000,000.
Igoe
Judge
of
to
of
duced the
1944—11 Mos.—1943
Appointed—
Canadian National Ry.—Earnings$
$7,000,000
J.—Stay of Proceedings Ordered
the financial
$374,839
Gross
appointed
payment of principal of, interest on, and
first mortgage 3%%
1944—Month—1943
.
Dec.
;
court
payment.
debt
The
2291.
......
Fed.
registration and transfer of $13,500,000
thonds, series due Nov. 1, 1974.—V. 160. p. 2397.
Period End. Nov. 30—
on
dend of 75 cents per share payable Dec.
3%% thereafter.—V. 160,
Vermont Public
oper.
Total
Trust Co., New York City, has been
the
on
Railway—Listing of Bonds—
all hearings
of
Fed.
Ttor
guaranteed first mortgage
the 4%
Net oper. income
Non-oper. income (net)
has announced that its subsidiary, the Cabot
•Carbon
Co..
will purchase the plant and facilities of the Retort
"Chemical Co., Gainesville, Fla., the transaction to become effective
.Jan. 1, 1945.—V. 160, p. 979.
sagent in New York for the
share
per
and
year,
The
to
held
candleoower
expenses-
Total
California Oregon Power Co.—Agent
on
will be paid
1961,
refunding
and
issuance.
of
Operating revenues
corporation
The Chemical Bank &
1945,
1,
due
Period End. Nov. 3(P—
the
also
the
for
a
England Railway—Interest—
Stock
York
New
Central
the Investment Company Act
(Godfrey L.) Cabot, Inc., Boston—Expansion—
The
in
reorganization proceedings of
the road.
The stay order was granted on application, of the State of
New Jersey, which has taken two appeals to the Circuit Court from
orders affecting the. State's claims hgainst the railroad for taxes.—
V. 160. p. 2398.
$1.79
$1.35
$1.51
$2.52
last
general mortgage bondholders had a lien on th-<l
committee pointed out that it had withdraw:-*
the plan before the hearing held en it by Ju.;,j»
the
•
that the
was
The Third U. S. Circuit Court of Appeals at Philadelphia has ordered
on
Burco, Inc.—No Longer
Boston, Mass., until
the sale to it of first and
1968, at prices not to ex¬
The trustee had $27,000
the aforementioned bonds.
bids for
investment
Central RR. Co. of N.
$583,277
$438,965
27,
June.
last
Reflectors
New
1944, to Aug.
160, p. 1628.
—V.
for
interest due Jan.
notice
"a
stock
fund
Central Pacific
420,883
2—
received
1944,
Irving Trust Co., New York.—V. 124, p. 3347.
$1,113,023
108,868
exc.
that
earnings.
ready
sinking
000,000
taxes
profits
Dec.
on
The contention was raised at
Central Maine will pay
which, together with moneys belonging to Portland,
sum
Dec.-18,
Central
other
income
IFederal
Net
—
taxes
11,935
A
19.
stock
1077.
objections
appeal,
—V. 160, p. 2643.
107,811
2,106,070
income
due 1951,
of the 5%
other than
Colony Trust Co., trustee, 45 Milk St.,
Oid
of
noon
$1,098,399
14,629
$3,446,375
342,499
income
Other
1945,
persons
general mortgage series J 3%s, due Dec. 1,
ceed
105% and interest to Dec. 20, 1944.
983,212
$1,328,009
12,676
Igoe
sufficient Tor this puipose.
gold 50-year
Operating profit
1,
Tenders—
$2,081,611
$3,425,285
21,020
."Expenses
p.
made
road's
other
3%%. bonds,
the
1941
1944
Dec.
record
common
Definitive first mortgage
.
1943
redemption "of
and
of the maturity date, Nov.
outstanding in the hands of
as
Portland
Maine, and the distribution to stockholders, other than Central
will be
in
Bulova Watch Co. (&
also
Maine, of an amount'equal to $110 per share.
holder Is in the employ of
1944.
3 Mos. End. Sept. 30—
call
the
payment,
of
Central
company
from Jan.
the
bonds
at any time after four years of continuous employment
They are good for five years from that date.
The names of persons who hold options to purchase 15,000 shares or
;more are given as follows:
Edward G. Budd. director and President,
.58,440; Donald Alexander, director and* Vice-President, 21,690;
Ed¬
ward
G.
Budd Jr.,
director and Executive Vice-President, 22,890;
Halton
A.
Coward, director and Secretary, 21,690,
and Paul Zens,
•director and Treasurer. 21,690.—V. 260, p. 2397.
%he
includes the' purchase by Central Maine, for $134,364,
real estate, electrical equipment and power lines now owned
by Portland,
:
''jv*
on
payable Dec. :'M
program
of certain
statement with the SEC cover¬
stock (no par). The shares are to cover
share
per
protective committee for the general 4s of 1988.
The bondholders' group opposed the payment when the matter ATI
argued before Judge Igoe Nov. 1, on the grounds that It might Inter¬
fere with the reorganization.
It was stated that payment would involv»
a
risk that the plan* would not be tarried out.
The argument vr;*
system
lines-in Lewiston and Auburn, Me.
bus transit
The
•options which were issued by the company on Jan. 3, 1944, to 163 of
its key officers and employees to subscribe to that amount of common
shares,
The individual options range from 300 to 58,440 shares and
tare
the
been
has filed a registration
ing 297,500 shares of common
transportation
and dissolve Portland has
approved by the SEC.
Central Maine, a part of the New England
Public Service Co. system, has accepted the bid of H. E, SaizbCrg, Inc.,
of $1,275,000 Tor the transportation system.
The Salzberg firm oper¬
sell
RR..
$2
appeal from the recent order of Federal Judge Michael L. Ip' -T
permitting the trustees of the road to pay off the indebtedness to
*
Reconstruction Finance Corporation has been filed in Chicago by (
operates the
'
of
par $25, both
distribution of
$1
stock,
Chicago Rock Island & Pacific Ry.—Appeal
company's proposal to terminate the lease under which it
transportation system owned by its subsidiary, the Port-
The
•.
1960,
payment of 50 ceritt
An
stantial
Central Maine Power Co.—Transit Sale Approved—
15, 1945, $52,000
and collateral trust 4%% bonds, due
at 102% and interest.
Payment will be made at any
branch la Canada (Yukon territory excepted) of the Royal Bank of
•Canada.—-V. 159, p. 1142.
1,
of
the
maximum
British Columbia Power Corp., Ltd.—Bonds Called—
March
dividend
a
preferred
160,
on
circles
are
fc
1944, July 1, 1944, and Jan.
1,
declared
7%
the
on
holders
:•
to be presented and surrendered on
Southern first mortgage bonds are those
which
coupons
'
Jan.
a
stock, par $25, and the usual quarterly dividend of 43% cenM
several-other bondholder
bonds and consolidated mortgage bondsWall St., New York, N. Y., and The Liberty
vannah, Ga. •
*
(2r For Chattanooga, Rome & Southern bonds—Central
Bank & Trust Co., 70 Broadway, New York, N. Y.
The
was
1943.—V. 160, p. 2398.
have
directors
1942.—V.
mortgage
Bankers
stock
the common
on
Dec. 20,
on
share
It
follows;
as
first
For
National
a
equipment requirements the directors w.'T
Chicago Railway Equipment Co.—$2 Common Diw
The
common
made
coupon bond and the bonds registered only as
surrender of the coupons payable Nov. 1, 1934.
said bonds will be made on and after Dec.
.
.
dividend
last
share
to
'/y"'
19 signed an
shall be supplied by Bankers Trust Co., New York
the consolidated mortgage securing the bonds.
directed that payments shall be made to holders of the
paying agents for the
(1)
•of the outstanding first refunding
The
per
Jjj
8,428,023
vV:
in respect of
1944.
•
.
days after the board has determined the complete export*
90
on
of the road
principal upon
29,
outstanding at the completion of this program.
Within
170,485,059
trustees of
Payments
Redemption—
Jan.
^
7,855,313
y
follows:
as
order
The
redemption on
787,351
,
consolidated .mortgage
at Sept. 30,
at Dec. 31,
total of
*.*$20,000 of outstanding first mortgage convertible 5%% bonds, series A,
•hated Jan. 1, 1940, at 105 and interest.
Payment will be made at the
.Mahoning National Bank of Youngstown, trustee, Youngstown, Ohio.
Conversion rights with respect to the called bonds expired on Dec. 20,
1944.—V.
158, p. 2358.
'
have
-V
'
15,285,160 236,714,155
$100,000
as
The
2642.
Brainard Steel Corp.—Partial
'
■'
Judge A. B. Lovett at Savannah, Ga., on Dec.
bonds will
There
2291.
p.
trustees
which
$1,875,000
,
debt
1944—12 Mos.—1943
consolidated bonds of Central of Georgia Ry.,
fund will be set up which is to provide for the
principal amount of these bonds by Jan. 1,
1968.
...
■
■ 5,
Tor the nine months ending Sept. 30,
1944, sales of all products
totalled 134,915 tons, and the trading profit and miscellaneous income
amounted to $1,989,621.
For the year ending Dec. 31, 1943 comparable
or
our
the first mortgage bonds, $700,000; on the
consolidated mortgage bonds, $462,500; on the Chattanooga, Rome &
Southern Ry. Co. first mortgage bonds, $37,500; on the Chattanooga
Division .purchase-money mortgage bonds, $82,280.
t ■/ ■ ■
The order provided that payments shall be made to the holders of
the first'mortgage
coupon bonds and bonds
registered only as to
principal upon the presentation and surrender of the four coupons
"•payable Aug. 1, 1937; Feb. 1, 1938; Aug. I, 1938, and Feb. 1, 1939.
for redemption
reimburse the
expenditures already made.
%" ■'%y]
The hew bonds will be dated Jan. 1, 1945, mature Jan.
management stated that the above action was deferred bectvTri
program under consideration lor rehabilitation of equipment
felt the subject of rehabilitation should receive first considtion
at
this time.
The management expressed the hope that th*
railroad will be able to meet future dividend requirements and reduo*
directing this company to make interest payments amounting to
order
4% bonds, series of 1945,
(series of 1940)'due 1968, which have been called
and accrued interest on Jan. 1, 1945, and to
''f'
'
dividend a '<1
common
a
again consider dividend and debt retirement policies.
Central of Georgia Ry.—Interest Ordered—
is being offered at 100 and accrued interest to yield 4.00% by invest¬
Securities
(Newfoundland) Ltd.
The proceeds will be used to
refund the" whole* of the outstanding $2,325,500 of first mortgage 5%
at
160,
Federal
ment
Jbonds
"•
654,243 ;
$1,282,800,
$2,500,000
of
i'. ,i\
,'
on
the
per
Befunds Bonds—
A
V
sales
action
no
a
was
•
1944—Month—1943
profit
':
•
took
15
The
of
this
160,
Caterpillar Military Engine Co.)
subsidiary.
25,501,226
Net
Net
Ltd.—
& Paper Mills,
Dec.
on
consideration of
diture necessary to meet new
•Period End. Nov. 30—
—v.
directors
It
4%
Caterpillar Tractor Co.—Earnings—
■
.
Bowater's Newfoundland Pulp
the Securities and Exchange Commission
jurisdiction over the proposed issuance by
company
Defers Action u:x
—
plan for retirement of the company^
Reconstruction Finance Corp. loan,
'
1
proper,;
release
to
(Including wholly-owned
■
The
also postponed
2643.
p.
Each of those shares represents a
the
or
were
21
certl
of 914
ydar-end dividend
Eastern Illinois RR.
Chicago &
was
of $12,500,000 first and refunding mortgage bonds,
series, due Dec. 1, 1954.
"■
!:
"A full opinion. setting forth the history of this/case and giving
reasons for these. conclusions cannot
be completed by 7 p. m. of
date, : but will issue in due course," the Commission said.—V.
'*$•''i*'*,• ^'T
■
Dec.
the
.
Trust have declared a dividend;
share, payable Dec. 27 to stockholders of
'•*■*,V"-*-"•i1*',, .v
first mortgage bond of the former
Boston Revere Beach & Lynn RR. Co., which operated the "Narrow
Gauge" road, " There were 1,000 Such shares issued in exchange for
the former $1,000,000 of bonds.
■
'
The current dividend will make; a total of $224.6.8 per share to -be
paid on the stock, former payments having been $89.68 per share in
August, 1940 (representing proceeds of sale of rolling stock), $50 per .
share in December, 1942, and $10 per share in December, 1943.
It is
estimated there will be a further dividend or dividends of $25 per-:
share, or a little more, yielding total realization of around 25%
oh
record Dec. .20.
;
.<••.
-
trustees of First Narrow Gauge
The
spread
refused
in
writers'
a
Common Dividend—
not satisfied that competitive conditions had
that the price to the company and the under¬
it
declared
14
compares
<%'. y"
'
Dec.
on
share, payable Dec, 28 to stockholders of record Dec. 19.
T'm
with seven cents each paid on July 15 and Oct. 16, and s: (
cents per share
on April 15 of this year.
Payments in 1943 were t »
follows:
April IS, July 15 and Oct, 15, six cents each, and Dec. 27, >
year-end of io cents,—V. 160, p. 1732,
per
...
Declaring that
,
Boston;
.
,
Sale of Bonds Held Up by SEC Order—
>
hereafter
first and refunding mortgage
of $12,500,000
issue
directors
The
4% bonds, due
3964, was awarded Dec. 15 to a group of 23 investment banking houses
led by Alex. Brown & Sons/ First Boston Corp., Harriman Ripley &
Co., Kidder, Peabody & Co., Merrill' Lynch, Pierce, Fenner & Beahe,
and Folger, Nolan & Co.
Their proposal, the only one received at the
competitive sale, named a price of 97% for the bonds.
The ICC has approved the issue and now awaits the sanction of
the SEC.V* • V:;
/■;
An
.
.
Chemical Fund, Inc.—9y4-Cent Year-End Dividend—
Capital Transit Co.—ponds Awarded—
proceeds
its
or
Holding Company's publicly held preferred shares. '
"'iue
rights oi the puOiiciy he^d 'preterred shares of the Holding,
Company against the New Haven for breach of its contract of guaran¬
tee having been crystallized into a damage claim payable in common
stock of the reorganized New Haven, it is not anticipated that any
action will be taken by this committee relating to the New Haven
the
among
./ ';■!;
yS
V.'
.*;► »!,.
i'
,
iv'fv'i
to urge the granting of permission tp the company to merge into itself
Brooklyn1 Ed/isch Co., Inc.,. New York & Queens Electric Lignt <»' Power
Co., New York Steam Corp.-; Westchester Lighting Co. and The Yonkers
Electric, Light. & Power Co.
He testified that such, merger'would
simplify the .corporate structure;, would make possible operating econo¬
i.f
Corp.,
known as R. H. White
subsidiary of City Stops. Co.,
about $3,500,000 in cash.
new
'
•,
'
President of City Stores Co., said that the transaction
,\vas the first step by City Stoves
toward (Carrying out, its plans for
post-war expansion, and that the present management, personnel and
"policies of R. H. White will be continued.
V
„
'■ ....
Acquisition of White's, one of the leading stores of its kind in
Boston, brings, to six the number of department stores owned, and
'operated by City Stores Co. throughout the East and the South. Net
Cohn,
Saul
,
'
Consolidated net sales
Oct, 31, 1944, totaled
$51,068,548, compared with $46,503,841 for the corresponding
of 1943, an increase of 10%.
Consolidated net profit for _the same
.'period of 1944 amounted to $1,192,6G6, compared with $1,158,690 foi
the
-.
Kaufman
five
these
■,''
160, P. 2644.'
1943' period.—V.
,
1
curred.
fected
> ■
..,H
the
:
'
i.' i
Co.—Sales Rise—
peak of nearly $60,000,000 this year, James L.
Vice-President, said at Cleveland,, The previous high
company
/
(& Subs.)—Earnings—
Months Ended—1
6
•TV* tNet
,
—
?';•
'
prpfit
renegotiation, but
liability for refund of exctss
* Includes
directors
The
cents
,
y
V.
in
V
160,
the
extended
fore
Milo
;
.
returned to the common
Combustion Engineering
who has been with the American Credit Indemnity
1938, has been elected a Vice-President.
Miilians will be concerned with research and marketing of the
of New York since
Mr.
Baltimore
in
concern
industrial and consumer finance.—V. 160, p. 2540.
Commonwealth Edison
Co.—Weekly Output—
Following are
the kilowatt-hour
and percentage comparisons with
Week Ended—
Dec.
.
91
Dec.
of the
past four weeks
.
.
.
J■ ••.
-
Commonwealth
&
-.,
■.
-
% Change
203,690,000
+3.0
206,377,000
199,358,000
199,516,000
190,696,000
189,340,000
•
25.—
160, p. 2644.
.
1943
1944
:
2.—„.
—V.
last year;
—209,898,000
208,424,000
16,
Dec.
NOV.
totals
output
+4.5
+3.4
.
+0.7
•:
Southern
Corp.—Weekly Output—
The weekly kilowatt-hour output of electric energy of subsidiaries of
this
corporation, adjusted to show general
business conditions of
territory served, for the week ended Dec. 14, 1944, amounted to 271,846,483, as compared with 261,240,392 for the corresponding week in
1943,
increase of 10,606,091, or 4.06%.—V.
an
directors
:
Dec.
18
declared
a
15th
a
new
of
,
'
,
,
_
that
announced
v/ould. rule
he
on
the
1.
,
,
ing
comply
to
American
The cbmpany on Dec, 20 announced that system output of electricity
(electricity generated and purchased) for the week ended Dec. 17,
1944, amounted to 190,800,000 kwh., compared with 232,400,000 kwh.
foy the corresponding week
a
tribution
186,300,000
of 1943,
electricity amounted to
223,600,000 kwh.
17.9%.
Local dis¬
kwh., compared with
decrease of
for the corresponding
week
of last
year,
a
decrease
of 16.7%.
Electric
The
Case Presented to P. S. C. for Merging System Com¬
panies into One Operating Unit—
Service
Commission
President,
on
Sept.
15
■
appeared before the New York Public
at
the
first
above
Corp.
Light Co.
&
Power
panies net appearing in
E1 Paso Electric Co.
Pet.
Amount
100,515
106,086
/
5.0
8.9
0.5
10.041
8,957
549
■
not include the system inputs
both periods.—V. 160, p. 2645.
do
figures
1943
198,678
91,558
105,537
Light
&
Power
National
of
any
com¬
-Stockholders Vote to Dis-
(Del.)
held Dec. 15 in Wilmington, voted to
of dissolution has been filed in
office in Dover.
.//v:/';'
;/>%'Engineers Public Service which owns all of the common stock of
the company, contributed $1,000,000 to the company
to enable the
payment of $101.17 per share to the 15,767 shares of series A 7 %
preferred stock and $101 per share to the 176 shares of series B 6%
preferred stock.
These amounts represent $100 per share to which the
stock is entitled in liquidation under the Charter "of the company, plus
dissolve
the
by John
>
hearing
and
the
of
Engineers
mail
Oct.
the
as
15
to
The Securities and Exchange
date.
order
an
approving' the dissolution
sole
El
stockholder.
\ • +
%■> ;
shares of the company's preferred stock,
either in person or by registered
Co., care of Stone & Webster Service Corp.,
common
Electric
Paso
Federal St.,
promptly,
Boston 7, Mass.—V. 160, p. 2401.
+:;.,
Electric Auto-Lite Co.—Reduces Debentures—
Dec. 18 to April is the hearing on the
with the PublicUtility Holding Com¬
The
"
Nov.
#
its 2Vi%
on
30 was
2542.
p.
,
,
reports a reduction of $1,800,000 In the amount out¬
debentures of 1950,
The total outstanding on
$5,000,000, as against $6,800,000 on Dec. 31, 19433—V. 160,
company
standing
,
the
of
representing
surrendered
be
to
issued
14
Dec.
Certificates
should
49
and certificate
The-residual assets consist primarily of the entire common
El Paso Electric Co. - (Texas), which will be distributed to
company.
stock
meeting
a
State's
dividends from
accrued
The parent company, he daclared, had
at
company
Secretary of
Commission
.
that
the
company
/;
+/>■.; 4
"
/,'+/ V- + ,/
assets
23,
date of
the
1943,
the
filing of its
of
19
the principal amount of
its outstanding debt securities from $31,433,500 to $21,782,500;
that
Consolidated as of Nov, 30. 1944, had $1,733,277 on deposit in cash
with indenture trustees available to retire outstanding debt irsued or
assumed by Consolidated; that there is now pending with this Com¬
mission a proceeding concerned with the retirement of $5,082,000 of
first lien and collateral trust bonds, series A, due April 1, 1958. of
Southern Cities Utilities Co. which have been assumed by Consolidated
(as at Nov.
30.
1944. .these bends had been reduced to $4,774,000
principal amount); that it is necessary ■ that the said proposed sales
since Dec.
on
•
,
debt
additional
file
and
retirements
definitive
a
effected
be
plan.—V.
before
160,
Consolidated
can
corporation
renegotiation
completed
has
proceedings
with
the
were
1943
subsidiaries during
last
dividend of 25 cents per share
a
stock, payable Jan. 30
of capital
previous
I,
-
Emerson Radio &
to
about $149,000,
The
of
distribution,
::f\
.
r, ftM.
year-end bonus, to employees amounting
a
160, p. 1862..
1943.—V. 160, p. 2541.
/ ;
;
Empire Gas & Fuel Co.—Acquisition Ratified—
Federal
The
of
.
Benjamin Abrams, President, announced on Dec. 20.
which is made each: year, is based on a percentage
length of employment.—V.
salaries and
./
:"
Phonograph Corp.—Salary Bonus^-
The corporation, will give
Power
Commission
Dec.
on
20
granted
the
.
company
permission to acquire about eight miles of pipeline from its affiliate,
the
Empire Producing Corp.
The pipeline, wnich lies in Pennsyl¬
vania. connects lines of the New York State Natural Gas Co. and
-/
.t'/.'-i:
Debentures Called—
earnings and it was determined that no excessive
received or accrued by the company and its wholly owned
on
declared
19
dividend by this corporation was'a payment
-V. 160, p. 2294.;".
20 cents per share on Dec. 15. 1941
The
^ Crown
Cork & Seal Co., Inc.—Renegotiation—
The
Dec.
on
1',237,500 outstanding shares
of record Dec. 30.''
Empire Producing Corp.-
2293,
p.
the
*
holders
to
1943. Consolidated has reduced
31,
formulate
The directors
;
of the plan, has disposed of its interests in
domestic public utility subsidiary companies; that
"
the
June
since
Eleetrolux Corp.—Resumes Dividend'—
approval
for
have
There
called
been
^
redemption
for
on
Feb.
1,
next,
through
operation of the sinking fund, $375,000 of 3%% sinking fund deben¬
tures due Jan. 1, 1962, at 100 and int.
Payment will be made at the
Guaranty Trust Co., trustee,
140 Broadway, New York, N. Y.—V. 160,
p.
Oct.
York
New
with
5,
for
withheld
at
Exchange has
1944
source)
at
New York, N. Y.—V. 160, p. 2645.
is
office
payable
V;'
■
"
•
■■
bonds
on
at the close of business
holders' of "record
to
1944.
Interest
of
provision
and the plan
and $16.99 cash payment in lieu of participation cer¬
amounting to $18.07 less Cuban tax of $1.08 to be
1944,
tificates
Dec. 21,
Stock
transitory
a
for deposit,
procedure
Empire Properties Corp.—Offer to Purchase Bonds—
■
received notice that, in accord¬
the Constitution of Cuba, the
for the issuance of participation
certificates, payments will be made on Jan. 1, 1945, of $5 per $1,000
bond on surrender of the Jan. 1, 1945, coupon from the first mortgage
5% 50-year gold bonds, due 1§52; and of $192.88 per $1,000 deposit
receipt for said bonds ($4.41 interest payment, $15.20 principal pay¬
ment No. 9 and $156.28 additional principal payment No. 10 in ac¬
cordance with amendment No. 1 to the procedure for deposit, dated
The
ance
2542.;.:
:
Cuba Railroad—Interest—
on
-/
...
to acquire bonds of the
corporation in sufficient
warrant assumption of leadership in liquidation of the
National Union Mortgage Co. of Baltimore is offering to
buy outstanding Empire Properties 3s, due Jan. l, 1945, at 65 and
accrued interest.
National Union now holds $36,700 of these liens.
In
effort
an
quantity
to
company,
the bonds fall due next month, the
holders of the bonds, as
appraised value Is consid¬
erably less
than, J;he principal amount of the
issue outstanding,
National Union offers to assume responsibility in liquidation and dis¬
tribution of proceeds, provided it can obtain additional bonds, and so
Default
appears
inevitable when
mortgage company states in .'a letter to
Empire's only assets are properties whose
distribute
its
costs
over
broader base.
a
In
making this offer. how¬
it without notice,
bonds it may acquire and to bid on properties of Empire
be offered for sale.—V. 159, p. 640.
ever/National Union reserves the right to withdraw
■
of Royal
Bank of Canada,
.
Cudahy Packing Co., Chicago—30-Cent
directors
The
Jan.
which
62%
was
Dec.
declared
15
to
resell
which
any
may
The
holders of
bonds
2.
the
first
dividend "on
issue since July
this
cents per share was paid.—V.
Erie RR.—RFC" Sells Bonds—
Dividend—
quarterly dividend of 30 cents
a
the common stock, par $30. payable Jan. 15 to
A similar distribution
was
made on Oct
per share on
record
on
160,
p.
15,
last,
1937. when
27.
Delaware,
Lackawanna
Western
&
of
a
series
of
hearings
Coal
Company
on
Dec.
were
W.
Since
announced
18
post he
on
election
the
Jan.
1,
1945.
of Robert F. Duemler
He will succeed the late
Decker.
August,
distribution
will
1943,
division
of
resign
Mr.
on
Duemler
the Solid
Dec.
31.
has
Fuels
He
been
chief of the anthracite
for War, which
to serve in a con¬
Administration
will
continue
Denver Tramway
*
.
?'•
Corp.—Court Upholds Suit Dismis¬
sal—
The
gave
Third
U.
S.
its approval to
Freres
Circuit
the
Court
of
Philadelphia in effect
plan of the company by af¬
Appeals
recapitalization
at
&
Corporation has sold $7,360,000 of Erie
New York, at a profit of $368,000,
Co.,
Commerce Jesse Jones announced Dec, 20.
The bonds
the first consolidated mortgage 4% bonds, series B.
They were
at
105 and" accrued
interest; the present call price.—V. 160,
of
,
2401.
Fairchild Engine
Vice-President, effective
Alvin
Lazard
to
Co.—New
Vice-President— T
as
Reconstruction Finance
Secretary
sold
1292.
sulting capacity with the SFAW.—V. 149, p. 4172.
Ralph H. Tapscott,
—Decrease—
1944
188,637
Light Co.
&
Power
1
period since the last postponement- of these proceedings,
application
/
followS:':/:->.;H!/,'%"V-;/v,;.ov/; +
were' as
•
-
the com¬
pany has: reduced its holdings of domestic public utility subsidiaries to
11 in number; that presently there is pending with this Commission
proceedings concerned with the disposition of three additional domes¬
tic public utility subsidiaries, and that the company reasonably expects
to" dispose of its interests "in
or
the assets of a number of the
remaining eight domestic public utility subsidiaries'by April 18, 1945/
or
1943
—Thousands of Kilowatt-Hours—
stating in its request, among other things, that during
Consolidated,
the
client operat¬
1944. the system inputs of
14,
Power
Operating Subs, of—
>
has postponed from
plan
he
1943
In
of Ebasco " Services, Inc., which are subsidiaries of
& Light Co.. Electric Power & Light Corp., and
companies
American
Consolidated, Electric & Gas Co.—Hearing Postponed
The SEC
Vice-President.
'
no
Company's
pany Act.
elected
been
iater the Koppers coal
Eastern Gas & Fuel Associates.—V. 160. p. 2541.
Stockholders
-
motion was made
The
has
solve—
Plan Denied—
companies.
II
Vice-President
Associates—New
Fuel
&
Tyson
,
Assistant Treasurer of Koppers Coal Co.,
during
motion to reject the application of the Con¬
York. Inc.. to merge the financial struc-/
a
Gas
W.
158, p. 1824,
National Power &c Light Co., as compared with the corresponding week
"
.
Jan. 15, 1945, a total of
bonds dated July 1, 1933,
on
Philadelphia, Pa.—V.
Streets,
For the week ended Dec.
preferred
cumulative
\
redemption
Ebasco Services Inc.—Weekly Input—
i
He said that briefs.must .be filed by Jan. 25
Feb.
by
'
'
Chestnut
division of
to refund nor.-.callabe
$5
f
for
called
Payment will be made at the office of the Penn-#
for Insurances on Lives and Granting Annuities, trustee,
Eastern
following the long-term debt re¬
shares
been
interest.
Co.
and
James
$329,000,000,"
refunded—at a fate sub¬
serve
have
and
became
p.
Consolidated Edison Co. of New York, Inc.—Output—
of
100
160, p. 2644.
year-end extra dividend of five
cents per share and the regular semi-annual dividend of ten cents per
share
on
the $1 par value participating 1st
preferred stock, both
payable, Jan, 15 to holders of record Dec, 30.
A similar extra was
paid on, Jan. 15, 1944.—V. 160, p. 7.
.
on
348.
p.
sylvania
guarantee that employees of the .various affiliates and em¬
ployees in military service would not be laid eft' if the merger was
" allowed.—V. 160, p; 2644.
' '
''
Community Frosted Foods Co.—Year-End Extra Div.
The
v
$57,750 of general & refunding mortgage 7%
at
of New
Co.
.Jan. 3.
on
briefs
profits
y
v'.'-'
asset value of the fund was $7,716,041.
the net
1944,
15.
Duquesne Natural Gas Co.—Partial Redemption—
Counsel for the Brotherhood of Consolidated Edison Em¬
3 and 6, at the close, of public hearings on the com¬
Government
Electricity output of the Commonwealth Edison group of companies,
excluding sales to other electric utilities, for the week ended Dec. 16,
1944, showed a 3.0% increase over the corresponding period of 1943.
159.
There
-
Locals
offered
and
Paul M. Miilians,
on
'
years.
Oct.
of
—V.
wculd again come to this Commission
and. lower rate preferred stock to re-
readily amenable to regulations
dividend of $2 per share on
Commercial Credit Co., Baltimore—New V.-Pres.—
As
asking denial of the company's application, Mr, Corrigan charged
that It would create an unwieldy and powerful monopoly group not
Co., Inc.—To Pay $2 Div.—
the capi¬
tal stock, payable Dec, 28 to holders of record Dec. 22.
A similar
distribution
was
made en
Dec.
28, last year,
as
against $1.50 on
Dec. 20, 1942, and an initial of $2 on Dec. 20, 1941.—V. 160, p. 221;
a
fiscal
In
capital surplus that is to be
capital stock account.—V. 160, p. 2644.
The directors have declared
Co.
Edison
pany's application.
Chairman Maltbie
reply
special
cf
amount
1945, to shareholders of record Jan. 13,
shares of beneficial interest.
This will
l,
Eighty Episcopal churches and organizations own shares in fhis trust.
Maltbie, Chairman of the New York Public Service Commis¬
R.
exhibits
,
the
share/payable Feb.
has been declared
1945,
;
ending Jan. 15, 1945, of 12 cents
bring total payments for the present fiscal year to 39- cents per share,
as compared with 38 cents per
share for each of the three preceding
we
■'/;;+:
■
.
ployees,
.
to Dec 31, 1944, on which the
designated "special capital surplus"'
and "surplus, prior to Jan. 1, 1938," must be restored to the common
capital stock account of the corporation;
'
.
;
The initial findings, opinion and, order ofjfche Commission (dated
Jan. 25. 1939) issued in respect of the above itfiper permitted Columbia
to reduce the capital represented by the shares of its common stock
from $194,349,005 to $12,304,282 so as to make provision.for adjust¬
ments in its investment accounts,
and pfevided for the manner of
treating surplus created thereby, as well as existing surpluses;- and
contained, among other things, a condition that balances remaining
in ".special capital surplus". and ."surplus..prior "to Jan. 1, 1938," on
Dec. 31. 1942, shall be restored to common capital stock account as
of the date last mentioned, "unless the time be extended by application
to this Commission and order thereon."
7 /' '
Columbia Gas represents that (1) it has made various adjustments
and deductions to the surplus accounts, and that as of Oct. 31, 1944,
the balance remaining in special capital surplus is $89,145,175 and no
amount remains in- its-surplus prior to Jan. 31, 1938; (2) original cost
studies covering approximately 65^
of the total recorded property'of
its subsidiaries have been completed and filed with regulatory commis¬
sions which have made determinations with respect to the disposition
of the larger part of the remaining original cost adjustments of the
Columbia system, and (3) it propqses to file a plan with;respect to
the disposition of certain of its investments,
changes in"Its capital
structure/ and other matters related thereto which wiimecessitate a
of
would
favorable
outstanding
2,188,890
'
J: Corrigan,
-
31,
determination
issue
of its five affiliated
tures
extension to Dec. 31. 1945, of the date, hereto¬
of the Commission from Dec.. 31, 1942, to
orders
by
to
sion, on Dec. 20, denied
corporation with
-
final dividend for the fiscal year
per
dealing with,
are.
we
mortgage
same
market continued
our
stock,"'
1943, and subsequently
balances remaining in' its accounts
Dec.
The
permission
fund
See offering
Corp.—Seek's Year's Exten¬
transactions:
following
merger,
Plea for Rejection of Merger
filed with the SEC by the
been
declaration, has
A
the
solidated
Columbia requests an
of
as
plus non-callables due in 1995 and, 1997.
for
sion—
regard, to
$69.87% in divi¬
These accumu¬
aggregated $7,295,783 on the 104,412 7% preferred
June 30, ,1943.—(Wall Street JoornaJ)~rV. 160, p, 2069. \ •:
Diocesan Investment Trust—Final Dividend—
A
bonds as they come due and I call attention to the fact, that it would
be a first mortgage on all the properties after 1950, except for $7,000,-
-
Columbia Gas & Electric
(5% cumulative) preferred. Holders,of the old preferred
of retaining their shares or exchanging them on the
share for two new shares, but if they did exchange
old
one
/dividends
shares
+
companies, We
advantageously reduce our
and could,
financing, I contemplate that
stock, par $47.50
22.
the
$385,000,000 of debt
ing purposes.
initial quarterly dividend of 68%
the $2.75 cumulative preferred
payable Jan. 2 to holders of record Dec.
p. 2181.
'
of
them'they were required to waive all claims for the
accumulated on the stock up to June 30, 1943.
If
public.
choice
the
dends
I believe, profitably be
stantially below the present average interest rate of 3.41%.
For this
purpose we could use.a single mortgage on all of the mierged company
properties, and upon the approval of the merger, and following authori¬
zation of such a mortgage by the stockholders, we would make appli¬
cation to this Commission for the issuance of new bonds for refund¬
Preferred Dividend—
an
total
:-'c is callable
000
share on
per
share
per
declared
have
the old 7%
lated
tybe,
one
'
preferred
basis
Of this ahiount $385,000,000 or 98%
the
"Of
profits.—V. 160, p. 6.
Collins Radio Co.—Initial
following
immediately
"If
V.
to
limited
be
the hands of the
issues in
"
$1.49
of $176,825 realized on sale of plant.
fSubject to
company states it does ,not anticipate any material
.
bond
could
consummated.
iii
Vehicle for issuing new bonds as old ones, mature.
+
$1.16
-+.
.
issues
bond
Federal District Court in Wilmington, Del.,
four preferred stockholders of the company
the
by
the plan from being
provided for the issuance of a-new class of non-cuhiuiative
stock which" was to pay a dividend of $2.50 a share
1943 and $3.50 a share each year thereafter, ahead of any payment
had
r','.:
future
Monday, December 25,. 1944
on
would either be callable
or would mature not later than the end of 1950.
Thus we are im¬
mediately confronted with the problem of working out a six-year bond
refinancing plan to which I just referred.
■;
1 >:
"I believe .such a plan could be worked out more simply .and eco¬
nomically with a, merger,
The plan has two distinct parts—the re¬
funding at lower rates of the'callable issues, and the, providing of a
562.800
562,800
.—.—-
share
per
•" '«•-•«• +
The plan
any
different
20
now
figures.
$753,636
" 99,375
28Vo«n
shares...
of common
Earnings
540,000
are
could,
------
93,228
—^
dividends
Common
l°.7o3
650,000
$935,020
profit
dividends-
Preferred
Number
■
——
figures, without,
J
.
January of a suit by
prevent
prior
long-term debt by some $4'7,000,000, by redemptions for cash.
"We wculd then-have a total-long-term debt of $393,000,000 in found
"
' '
-'v,
'
Aug. 26,'44 Aug. 28, 43
income_>_-/_l^--^-t.-;- $1,890,473. :$1,552',346
286,700 ;;
258,710
to
between. $650,000, and
of
dismissal
firming
,
After merger,' there would be but' two.. '
;
"Based upon the present cash resources of the System
.+:-:V ' (Excluding. Canadian Subsidiary)
Profit, including other
Depreciation
Provision for pensions——r—
Federal and State income taxes
of
/
,
last
would facilitate refunding
and
rates
public."
production
Collins & Aikman Corp.
■
made
been
have
.$81,000,000.
"With a merger
has
company
i
•
-V
;v
-•
•
six-year fihahcial plah which I have! in mind'is completed, there,
.may be asfew "as three.
: V:' y''I ■:;.■• ;•'■,:■/!
■<?,
"At present there are eight different stock issues in the hands of the
received orders from automobile companies for
from 15 to 45 days after. V-E day.
Before they
of cars/ they will want to' build a 60-day bank of
parts, Mr. Myers declared,—V. 160, p. 2181.
r ; ; ;
•:
*
The
in
vt
•
In-operating expenses, it is estimated that savings can be'ef¬
n
1943
here
deliveries on parts in
start
•'.
..
•.«!
f
"the
with 2,000 prior to the war, the
workers alter V-E day, Mr.. Myers
employing 6,900 compared
plans to add 500 more
Now
r
reflected
be
M
v,
over
r;
Sales will reach a new
Myers, Executive
"
j,
<
$1,000,000 a year.
In, taxes, based .on
adjustment, there would.be an estimated
gross saving of, about $1,250,000.
L-v
"The Consolidated Edison Co. not only carries investment in plant
facilities which are used jointly by other System companies, but it has
guaranteed payment, of bonds of the New York Steam Corp., West¬
chester Lighting Co., and The Yonkers Light & Power Co. aggregating
for1 the
Cleveland Graphite Bronze
,«.(i
the. possible savings In operating ex¬
penses and taxes from a merger as proposed,v Some of such savings
would be realized immediately and others only after the lapse of. some
years.
Some-of the savings can be specifically: evaluated; others rep¬
resent those expected .to be reached.
In, the very process.of effecting
reorganization itself, additional operating costs will be ^temporarily in¬
Inc., in Louisville.;
nine months ended
Co.,
Straus
Stores
would
which
"Studies
$12,546,045. Net
was $573,181.
City Stores Co. are.
Lit Brothers,'Philadelphia; Maison Blanche Co., New Orleans; .B, Lowenstein & Bros., Inc., Memphis; Loveman, Joseph & Loeb, .Birmingham,
and
.•/
nr
■
mies
;profit for the period, before Federal income; taxes,
Other department stores owiied and operated by
of
i
of a large pare of the outstanding securities of the System on the most
advantageous basis.
His statement to the Commission follows in part:
■
July 31 totaled
the year ended
in
White's
of
sales
FINANCIAL CHRONICLE
THE COMMERCIAL &
involved
v
iy4S.'»>
i
<•
■
-
'
;■ :
u-
>f'tW
2756
a
Ju».;-'y'.;"v3
& Airplane Corp.—Acquisition—
Duramold Division at Jamestown, N. Y„ an¬
of the complete facilities of American Aviation
Corp. in Jamestown, the Associated Press recently reported.
J.
Carlton Ward,
President of • the Duramold -Division, said the
This
corporation's
nounced.
the
purchase
company will close two of its New
possible and move the equipment to
the purchase price.—V. 160, p. 2-542.
Federal
The
SEC
York City factories as soon as
Jamestown. He did not disclose
Light & Traction Co.—Bid Recall Approved—
has
permitted
the
company
proposing the sale cf its interest
to* withdraw
its
application
in Springfield (Mo.) Gas & Electric
.
Volume
Co.
.
R,
to
"sale
Ht
THE COMMERCIAL &
Number 4345
160
:
.See City Stores Co, above.—:V.
160, p.
2295.
;,/•
Barney & Co.
//////
/«
1Dated
^
11556 Broadway Corp., N.
According to a notice
sinking fund gold bonds
to
holders
mortgage
first
of
1028.
6%
leasehold
to the
Supreme Court of the State of New York, for an order authorizing and
directing such successor trustee to sell and assign all of its right, title
and interest in and to. the leasehold affecting premises known as 1560:
Broadway and lfj5."W.est 46tu «t., jsew xovk C^y,. to Tue/Trustees of
Columbia University in The City of New York, for the sum of $1.10,000,
all cash, subject to arrears of taxes and ground rent, and for such
other and further relief as to the Court'may seem proper.
; :
Chadbourne, Wallace, Parke & Whiteside, 25 Broadway, New York
City, are, Attorneys for the Manufacturers Trust Co.—V. 140, p. .983;
in
is legal
at
on
103
;
on
1,
and
before
or
Dec.
1,
1948; '10314
if red.
thereafter
red.
thereafter
on
/////{;///'/ ////■//;//;' .L
10314
1, .1949;
if
will Be issued
denomination of
and
Debentures
only,
if
in
and
before
or
on
or'before Dec,' 1.
on
1,
1953;
102
if
red.
ana
10214
Dec.
red.
and
airplane parts
It
is
when
'•
,
made for the
1,
Dec.
before
is high
obtain
to
a
.'■// -/'
a
beCn
' ■;
that the Paris plant of the company was found intact
evacuated
by the Germans.
Operations
will
be
there as soon as fuel can be obtained to generate power, Mr.
reported
Paris
resumed
was
Spang said.—V. 160, p. 2071.
1, 1950;
102% if red.
1951;
1,
Reduced—
(Mass.)
possible
were
Army by Gillette have
'
Globe
Industrial
Loan
'
;/ ;
,/
.
before Dec.
or
on
for
increased.
10214 If red. thereafter and
thereafter and on or before
1952;
if
thereafter
faster, if/.it
even
which had been moving into civilian channels has shown
shrinkage," Mr. Spang stated.
Orders
if red. thereafter and
and on- or before *
or
on
be
razors
further
thereafter
red.
thereafter
Dec.
1954;
1/1947; !i03%
before-Dec.
or
before- Dec;
or
debts.
principal
days' notice at 104% If red. on or before Dec/1. 1945
thereafter and-on or before Dec./l, 1946/ 104 if red.
red.
thereafter and
on
Dec.
>
be redeemed, at option of company, as
from- time to time in part, on any date prior, to maturity,
or
if
to
as
company's plant in South Boston
would
of labor, according to Joseph P. Spang, Jr.", President.
The company is working two shuts and would like to put on a third
shift/Mr. Spang said. '
•
/
;':./' '/';.' //
; :
"The Army is 'ctowding' the compahy for increased production of
blades and razors with the Result that the limited number of blades
Debentures may
least 30
10414
tender for private
form; registrable
each.
whole
a"
The .issue has been oversubscribed.
.
the
at
the tempo
larger Supply
currency
coupon
$1,000
.
126, p.: 3610.
or
payment
made by Manufacturers Trust Co.,: as successor trustee, on Jan. 9
v.
Smith,'
1, 1944, due Dec. 1, 1959/ Interest' payable June 1 and.
principal office of Guaranty Trust Co., New York, in such
of the United States*of Amejica as at'the'time of
l.-at
coin
•
application will be 7',
an
Gillette Safety Razor Co.—Civilian Output
Production
axid
Dec;
Dec.
Y.—Proposed Sale—
dated April 1.
r
.Offered—An Tssue'of T
1, 1959 was offered Dec. 19 at 102 and interest by
//'.
.
////.V,
•
2757
w/' $5,000,000 15-year 3%'. sinking fund debentures due Dec...,
,
(Wm.) Filene's Sons Co.—Sells Subsidiary—
,w
FINANCIAL CHRONICLE
covering the/ "*r; General Shoe.'Cbrp.--T-Debentures
bt/Hot, Springs/Ark,,: The contract
has expired.—V. 1G0, p. 2542.
Teed
under its'terms
TliiwtS Wt UiiWWU»fc.
tub
.ft
.
:*
Corp.—-Payment
of
40%
to
Bondholders-
1955;
The Manufacturers .Trust Co., New York
City,; has been appointed
depositary and paying agent in connection with payment of 40% of.
.
if
30114
Flintkots Co.—Partial Redemption—
The company has called
for redemption-on Jan.
op
total of
a
shane.
Street, New York, N. Y.—V.
160,
2542.
p.
//-/''v
1, 1945; 10214 if red. thereafter and on
1, 1946; 102 if red. thereafter and on or before, Dec.
101% if redeemed thereafter, and. on or before Dec. 1, 1948;
the,
thereafter
red.
1944 were as follows;
Jam 15. April 15 and July 15, five/
cents each, and Sept. 30, 10 cents.—V. 160. p..2071. .///7/77//%/;/7/
and
1.
10014
Grain &
Froecltert
Malting Co., Inc.—25-Cent Div.—'
directors
Dec.
on
14
220.000
&
in
the
and
Co.
Brothers
*
its partners.
Wa/a rreies
and
.
expected
offering Will be
who
I
registration statement covering the proposed
with the Securities and Exchange Commission i
subject to its. becoming, effective and to /
the offering is. expected to be made either .before /
that
filed
future,
near,
conditions,
-?. •
!
uled
99,260
Stock
Exchange
■■■.
* :
the
1924,
shoe
about
the
manufactured
company
-
30,600
■
V.-'/-'
/
7
brief-cases.
its
;
shoe
such
products
Company, also
factories
well
as
general
a
;
'
v
/
Cost
■
,
less returns
on sales!
Net
directors have approved
Total
State
-
______
-
,
Great Atlantic & Pacific Tea Co.-rTriat
Federal
31, 1944
Oct.
'
1943
income
;
Net
98,552
the
to
107>/a,
plus $1.12la
a
redemption date.—V. 160,
share
p.
preferred
taxes
1,
A
The
of
These
111.
The
Regulator
prior
12,300
26,937
9,950
763
periods
not disclosed.
hydraluc
control
•
•
in
banks
Government
for
are
a
type
proportioning
of
used
fuel
largely
mixtures
in
in
the
steel
blast
cents
160,
each
223.
p.
to holders of
made
were
"'/■■
.-//
■
of $10
to
the
Act.
'
record
April 1, July -1
on
■/
r.-' /" '
.;
.
/
/
" ■■/
share has-been declared
per
$100. 'payable Jan.
15
on the 8%
preferred
holders of record Dec. 30, on ac-/
to
Arrearages
Jan,
on
1,
will amount to
0'///■■/
1945,
stated.—V. 160, p. 1863.
55
of continuous service
years
continue to
160, p.
>
York
New
He will, how¬
in an advisory capacity as Consulting Director.
serve
2184.
with the company.
■,///////
'.
;//;//%//;./'
Gulf & Ship Island RR.—Tenders
Trust
Sought—
New York, N. Y.,
receive bids for the sale
to jt of first mortgage refunding and terminal 5% gold bencjs,
due
Feb, 1, 1952, for account of the sinking fund, To an amount sufficient
to exhaust the sum of $95,391.
Bonds accepted must be surrendered
until 3
the
to
p.m.
trustee
thereon
will
'On
Co.,
(EWT),
trustee,
Jan.
on
Jan.
before
or
cease.—V.
160,
100 Broadway,
4,
1945,
10,
1945,
on
which
date
.
interest,
2467.
p.
,
;
Hewitt Rubber Corp.—To Enter Consumer Goods Field
;
The
(demand deposits) and on hand, $2,182,735;
obligations at cost, $78,000; Due from U. S.
merchandise,
$549,924;
(less
receivable
Accounts
first
subsidiaries/ at
cost,
$44,794;
re¬
*
disclosed.
Mr.
and
with
of Federal excess profits tax, estimated, $417,999;
employees' stock purchase accounts; .$132,769;
sinking
trustee/ $152,438;
Liabilities—Accounts
$16,336;
ances,
deductions,
due
$12,442,426.
$172,524; customers' credit bal¬
and
employees, including war bond
liabilities, $586,365; preferred dividends
trade,
officers
to
$72,484;
total,
payable,
accrued
enter
to
foam
and
..
outlined
of
latex
developments
post-war
foam
for
field for the
products under its*,
Robins,. Jr.,
President has
•/ ■/'■.• v ■■.'•■/!
'
Thomas
'
expansion,/program,
* •"
Robins
goods
the consumer
molded
rubber
uses
such
in
which
products
as
include
the
mattresses,
seats, industrial rubber products
such as conveyors and transmission belts and many types of industrial
hose, and an extension of the company's operations in the field of
molded rubber and plastic compositions.
He said the company recently/perfected an entirely new type of/
injection molding process which will lower the cost and. improve the
quality of many molded rubber items.
During the war Hewitt has
built large quantities of complex
molded rubber parts used in fuel
cells for Bell, Curtiss-Wright and other war planes, Mr. Robins con¬
tinued.—V. 158, p. 2252.
/ '.
'.
t
refund
officers'
plans
latex
upholstered furniture and automobile
investments, $75,619; property,
at cost (less, reserve for depreciation, $662,366),
$933,727; improvements to leased properties (less, reserve for amortiza¬
tion,
$172,766),
$114,924;
goodwill, patents and trade marks, $1;
fund
with
manufacture
other
plant and equipment,
post-war
corporation
time
post-war
for
payable
V.
Jan. 2/ 1945, $19,852; provision for taxes on income
(less
S., Treasury tax notes held for payment of Federal taxes, $3,088,000),
15-year 3%% sinking fund debentures, due Dec, 1, 1956,
$2,200,000;
$5
share),
per
surplus,
$229,718;
reserves,
$496,300;
$3,646,388;
*
preferred
stock
common
earned
stock
surplus,
(no
(par
$1),
$4,169,243;
par,
"stated
company
corporation
has
may
of
obtain
Ingersoll-Rand Co.—10,000 Shares Subscribed—i
the
for
redemption
oustanding
immediately
interest to Jan.
160,
22,
Jan.
3!4%
22,
The
stock
*
*
.
"
:
Georgia
&
Florida
,
,-Period—
•
stock
to
RR.—Operating Revenues—
Week Enci. Dec. 7
'• "■
the
interest
/
1944
Operating revenues'
—V.
160,
p.
$38,300
"" 1943
'
$43,C00
•
-
the
directors
common
Dec.. 20.
1943-'*:
1944
I
i
::
with
their
present
.'
'
"
or
prospective
*
value
" '
.
/
"$2,211,778
$1,929(348/
-
of
i
i
it
have
declared
an
.extra
dividend
of
Dividend—
$1
per
share
25 .cents
on
stock/no par value, payable Dec. 28 to holders of recprd,
company also this year, paid four quarterly dividends...
each,.the last -on Dec., 15,
No extra -payment was made /
The
in. 1943.—V.
/
commensurate
Interstate Hosiery Mills^ Inc.—$1 Extra
.The
Jan. 1 to Dec; 7
2646.
J
has, received subscriptions to 10.000 shares, of commoil,
officers and employees at $75.50 a share under the
registrant."—V.'160, p/ 2296.
*
furnaces
165
-
•
.
company
from
employees' stock subscription plan.
The plan was adopted in 1942 fcr^
a four-year period
"to enable officers an^ key employees to acquire nt
the. full*, redemption price, plus
presentation and surrender of
1945,., upon
2542.
\
p.
on
15-year
i.
-/
the/
Christmas
1945, at
sinking fund
debentures due Dec. 1, 1956.
Payment will be made at the Guaranty
Trust Co/ trustee, <140 Broadway, New York, N. Y.
•
called
interest,.-all
Dec., 20 by Henry J. Davenport. President, in accordance/with
holiday custom of the company.—V. 160, p. 1863.
,
on
$12,442,426.
Debentures Called—
and
'
.Payment of additional compensation to all staff members ;of this
at the rate of 4% of their annual salaries was announced
value
paid-in
$627,391;
total,
Co.—Wage Bonus—
"Home Title Guaranty
$205,825;
said debentures.—V.
industry for the and other <
steel-makinc units.
Effective operation, of .the control apparatus has •
broad application in many other industrial fields.—V. 160, p. 1968.
controls
accurate
8
that
AntirTrust
Guardian Life Insurance Co. of America—Retirement
The
bad debts $355,087 and cash discounts, $40,623), $395,690;
receivable, miscellaneous, $37,384; inventories, $5,168,466; raw
materials, etc., in transit, $223,126; investments in and advances to
on
systems.
Jan.
alleges
Sherman
both payable Jan.-.1
80
accumulations.
ever,
accounts
Holders
was
par
—V.
627,055
Consolidated Balance Sheet, Oct. 31, 1944
serves
additional in lieu of dividend '
.manufactures
violated the
At the meeting of the board of directors held on Dec. 20; Carl Heye
re-election to the office of the Chairman of the Board after
$1,023,373
39,704
$1,007,411". $1,229,136
39,704
39,704
627,391
627,393
cjividencis
Government
1968.
amount in'volved
Co.
dividend
of
/
corporation has acquired all the stock of the Askania Regulator
Chicago,
Postponed-^from
* postponed
Government
declined
175,057
597,300
1,528,687
28,810
Cr6,397
458,800
the same issue,
this year.—V.
.$118 per share, it was
•
$3,346,830
2,450,200
/
taxes
dividenas
United States
\General Precision Equipment Corp.—Acquisition—
Askania
has
the
which
defendants
other
on
1,
count
3,926
89,981'
2,526,500
tax_„_
taxes
Assets—Cash
by.;
accrued
Co.
Lindley
in
Distributions of
stock,
76,296
/;.
$4,255,818
85,106
453,900
profits
of
/
stock
C.
suit
a
.
The
to -redeem -the-$4.50
Walter
Guantanamo Sugar Co.—$10 Preferred Dividend—
,
* After deduction of post-war excess profits tax credit of $25,600 in
1942, $191,000 in 1943, and $220,600 in 1944.
'
101 %
voted
20.
Oct.
$3,342,904
14,096
28,604
;
profit
Common
To Redeem Stock—
have
and
share
per
and
,.
$4,241,722
'
excess
Preferred
expected expans'on after the war, They pointed out that max murn
charges on the $25,000,000 of notes would be $650,000 an¬
nually compared with dividends of $675,000 yearly on the $15,000,000
of preferred
stock which is to be retired,
,
\
Obligations to be issued are:
'''"/h- ■
$5.00,000 of 2Vr serial notes, maturing $500,000 each .six months'
from Aug. 1, 1950 to Feb. 1, 1955, both, inclusive, these funds to> be /
borrowed, from Bankers Trust Co., Central Hanover Bank & Trust '
Co., and The Chase National Bank, all of New York. •
$20,000,000 of 2%Cr notes, maturing Feb. 1, 1965.
The corporation
agrees to pay $500,000 each six months, beginning Aug. 1, 1950,
Fur- "
thermore, the corporation may,
if it so elects, pay an additional
$500,000 each six months beginning Aug. 1, 1950.
These funds will;
be borrowed from the Metropolitan Life Insurance Co. of New York.
at
Judge
trial' of
6
Dec.
will,
interest
directors
has
now
,
73,149
$4,095,168
income
Adjustments
,
for
31
production
are
of
$4,066,563
profit
income
■^Federal
$8,706,250, less incidental financing expenses, will be added to the
corporation's funds.
///■'■
/•'■
"'■//' :
/.V/-■ '■•/."
In notifying stockholders; of the directors'
action, Messrs. Francis
and Igleheart stated that.the new financing/in addition to providing
for the retirement of the preferred1 stock, would fortify the company '-
-The
.
his
finishes
. • ig42
'
$33,738,750
'
471,753 /
392,872
298,280
35,137,299 31,638,320 26,054,007
4,968,044
4,514,916
3,967,263
1344
charges
Federal
*
Of the proceeds, $16,293,750 will be used to redeem on Jan. 31, 1945,
the outstanding $15,000,000 par value of $4.50 cumulative preferred
stock, at the specified redemption price of $107.50 a share, plus $1.12% /
a
share in lieu of dividend to the redemption date.
The -balance of
Jan.
that
of master connecting rods for the 2,200 h, p/>
begun at the Graham^Paige. plant, he said, and de¬
being made.
Although the company has produced:
more than, 85G.000 master ar.d
connecting rods for other types of aircrait engines, this is its first contract for B-29
parts.—V. 160, p. 2646.
allows, $44,716,809 $40,886,382
&
doubtful accounts-;.-
income
other
v
contracts for the borrowing on Feb.
up
explained
bombers
over
General Foods Corp.—Borrows $25,000,000 on Notes—/
of $25,000,000 on unsecured notes, according to a statement
Clarence Francis, Chairman, and Austin S. Igleheart, President.'
Volume
liveries
...
/The
Frazer
500,000
A
operating
Other
V-/-
1945,-
1944,
stepped
handbags,
line
Income Years Ended
of
Provision for
Acquire Radio Tube Assets of Ken-Rad Tube & 4
Lamp Corp.—See that company below.—V. 160, p. 2646.
Stock—
the point where sched¬
the total, volume for/
exceeds
a
B.-29
a
1,250,000
Selling, general & adminis. "expenses
To
To Redeem Preferred
that this com¬
announced
has reached
months
six
company's accelerated program calls
doubling of production of versatile "alligators"-—the amphibian /
tank which has* proved- itself in wmc of' the imst
bitterly-contested
campaigns in (he Pacific and is now playing an important role in the"
invasion of the Philippines.
Plant facilities at Detroit, he explained,
have been expanded and work.cn new assembly lines is'virtually com¬
pleted.
////: ;
/
./ //■/',/ /■•.
•• •/ //"'■/'
$3,250.000,/
•
sales,
Discounts
Division
Depart-
woir%n's
as
manufactures
as
,
Gross
.
/
of
Dec., 20
on
now
-
A new department in the organization; to be known as the Chemical
Department, has been created by the board of directors and Dr. Zay.
Jeffries, Technical Director of the company's, Lamp Department, has
been elected a Vice-President in char jq.
Charles E. Wilson, President, /
stated the creation of the new department to become operative Jan. 1
was in accordanc
"with the company's policy of modifying the organ¬
ization structure to enable us to take full advantage of our apportu-ities for further growth."
/
..
,../■.■/ ;..///://;.,/••.
-/,/
The new Chemical Department will
assume
responsibility for the
//'//
Pay¬
date.
same
coin purses / The delay, was requested at a conference by -defense attorneys, who >
and dressings • /said they could not be ready for trial next month.—V. 160. p. 1400.
shoe polishes for
the retail trade/' It operates a small Tannery to .supply
a portion
Greif Bros. Cooperage Corp.—Pays Div. Accruals— :
of its upper leather requirements and manufactures and sells bag and The directors on Dec. 15 declared a dividend of $1.75 per share on
strap leather to other companies.
,
the $3.20 cumulative class A stock, no par, in
^
payment of all arrear-/
Underwriting—The names of the several underwriters and the several
ages to Oct. 1, 1944, and the regular quarterly dividend of 80 cents
principal amounts-underwritten by them respectively are as follows:
for
•
operations .pertaining to the Resin and Insulating Materials
and the Plastics Division of the Appliance and Merchandise
orders
the next
,
Mr.
for
Betty Barrett, Friendly and, Acrobat: Re¬
the company-started; the. manufacture in a small way of mis-
the retirement of Joseph E. Kewley,
..
years,
men's
consisting of
14,^001, pairs "of women's shoes and /
principal advertised trade names are •
pairs of men's shoes,
cell a neons-leather
Manager'%£ the Lamp Department at
Nela Park, Cleveland,-and the election of M. L. Sloan as; Vice-Presi- ;
dent to succeed him,;; This change will become effective Jan. 1.
In/4
his capacity as Vice-President,. Mr.-Sloan will become General. Manager
•
chiefly
Chairman,
war
for
year
the
company
General
•..>/
Wemyss,
many
March
and
v;-,.////■/z1'//■/""'7 //'/'
of the department.
H.
W,
for
incl, work shqes; boots; children's shoes, and,growing
Company's plants have a present daily capa¬
General - Electric Co.—New Vice-Presidents— .V:/'//' '; c
Fmith. Bamev Aj
/R. H. Luebbe, Assistant Manager,of thei, Appliance and Merchandise,/ ,:Equitable: Securities
Department in charge of legal matters and previously Assistant Gen->
AH red* D. -Sharp (fe-Co.
era! Counsel, has been elected a Vice-President and General Counsel,
Statement of Consolidated
succeeding the late Darius E. Peck, -V
-..■•/
-;:—-/\-" :i /
and
and
business
manufacturing
the
record
of
when approximately $50,000,000 in arma¬
>/•• "
/,-/ ■■
;■/
/ /'■
manufacturing program at the. auto concern's
plant in Detroit and its subsidiary at Warren, Ohio, includes orders
tor LVT-3 amphibious
tanks, connecting rods for B-29 bombers, port- )
able electric generating plants for the Army Engineer Corps, gears for*'
the Bureau ol Ships and Maritime Commission, landing barges/ boiler
turbine cases and other war materials. ■"//'"
■
/
/
cently,
>
ruled
.Announcement was also made of
of
.entire
He said
99,260
Jarman
F.
production
Jarman/ Fortuner Skyrider,
!
Vice-President
J.
purpose
holders
ments was turned out.
627,391
manufacturing
the
for
4.800 pairs oe children's shoes. The
.
.
-
in
to
20
/
/■//'///■;::fL-
W. Frazcr,
pany's backlog of
/
city, based on a, nine-hour/ workday, of about 50.100 J>airs,
the common stock "Ex" dividend on
Dec. 22, 1944. /'//
*<i':!•■.*:. '-W Vvo^
■'//:-/. //■*•'/!
•On Dec. 24, last year a payment of $1 per share was made on the
common stock, as against 40 cents on Dec. 24/1942.
See also V. 160,/
meat.- *.
;
Dec.
"
*
stock,
the common
on
girls' and women's shoes
21.,' The ;
1,479,840 shares outstanding at the close of business on Dec.
as
;
.
$1 Dividend—
share has been declared
per
were made en March 31, June 30 and Sept. 29.
Last year, a total of $1.50 per share was also paid,—V. 158,/
;/;//////-./ •/:
v%. ■■////'/,// ..:;/'/
" ;.'/./
.
Joseph
H
/?-■/'■'■ 1,200,003
partnership
and boys' 'shoes,
,
.
"
.
'/Graham-Paige Motors Corp.—War Backlog at High
Authorized Outstanding
$5,000,000
$5,000,000
'
Shares
, :
Shares
;
,
$1
Level— ' /*///'
„
stock in an
of $3,420,000 plus such amount, if any, as will
potsible payment in full cents per share.1
The dividend was payable on Dec. 23, 1944 to stockholders of record at the close of business
Dec. 21, 1944.
The dividend per share amounted to $2.32 a share on
p.' 2646.
/" /
1959
of
payable
1347.
p.
men's dress shoe
line, but subsequently its, production was broadened and now covers'
a
range of types and patterns of low-priced and medium-priced men's
aggregate -amount
York
"
,
';
*
Business—In
been
a
.Originally, ,the
.V
*
.
make
New
/*•'
debs,
$50,
this year.
■
-
' >
.
r
•
directors have declared ^-dividend on- the common
The
,
'
Exchange has authorized the listing of 555,952 /
(par $10), all of which are issued and ou.t2071.
■
/.
'
:/' ■•/,■.,„/■ /
stock
ments of 50 cents each
of
exclusive
shoes.
The busihesS was incorporated in Tenhessee on July 7,
1925, under
the name of Jarman Shoe Co,
In 1933, due to the gradual establish¬
ment
of
various sales divisions carrying names other
than that of
the Jarman Shoe sares division, the name of the company was changed
to General Shoe Corp.
Company's principal office is located at 513
Gallatin Avenue/: Nashville 1,-T-enn.
■
'
,r
a
Common Dividend—?
•
$2,073,062,
dividend
par
1957;
1,
././;//'//■/
proceeds,
(par
and
had
formed
and
shortly, after the end Of the ;year.:
or
stock
History
.
.
is
market
Dec.
before
or
1, 1958; and 100 if red./
stock'(no
Common
American.
the
net
3%
Preferred
investment trust owned by
' / '1'. I - //7 ///-■/'
/// '/
& Co. announced Dec. 16 that /■
management
part
in
the
sinking fund
.'//•■Capital 'Stock—
'
partners;
'It
on
,,
of the holdings In General American, of Lazard Preres and/
and the offering will- -involve no new financing by ;
After the ..sale, the
firm and its partners will
hold a substantial investment in General American. ...
•
/•;/
are
its
still
and
before Dec.
or
Capitalization Giving- Effect- to Present Financing
15-year
arrangements are being made .to offer for public subscription in the
near future 200,000 shares of common stock.- The shares to be offered
General
red. thereafter
on
A
1, 1954;
.
York Stock
common
Goodman Mfg. Co,—To Pay
,
Preres
•Lehman
if
Funded Debt-—'
holdings
of
Lazard
Dec.
//'/.///?
-
';//■',
has filed a registration statement With the SEC cover¬
shares (no par) common stock.
The shares placed in
are
already issued and/outstanding, , and represent'.! a
registration
porticn'
or
of
standing.—V. 160, p.
,
The company
ing
before
The New
shares
¬
accrued in¬
terest, will be used to retire the company's outstanding 15-Year 314% r
sinking fund debentures, due Dec. 1, 1956.
The balance will be added
to the company's general funds,
to, be available for working capital
and general corporate purposes.
', /■ ",V
'
i
•
on
thereafter and
/Purpose—Of
/General American Investors Co., Inc.-r-Registers With
sec—
and
100%
1956;
if red.
thereafter.
declared a quarterly dividend of 25 cents
per share on the common stock, payable Jan. 31 to holders of record
Jan. 15.
On Oct. 31. last, a quarterly of like amount, plus a special, of/
15 cents, were disbursed
Previously, 20 cents per share was paid each
quarter.—V. 160. p., 1400.>— .///7;/7v/c:w /7:
V
The
26, 1944.—V. 139, p, 2046,.
Goodall-Sanford, Ino.—Listing of Common Stock—
or
100% if red. thereafter
before Dec. i, 1955; 100% if red. thereafter and on or before
or
on
Dec.
and after Dec.
on.
before
1, 1947;
101% Hi
red/thereafter and on or before Dec. 1, 1949/ 10114 if red. thereafter
and on or before Dec,
1,. 1950; *101% "if red, thereafter and on or
before Dec. 1, 1951; 10114 if red. thereafter and on or before Dec. 1,
1952; 101 if red. thereafter and on or before Dec. 1, 1953; 100% if
during
;
.;;// :
terms
Dec.
20
par
the
red. on or before Dec,;
cents, and the usual quarterly dividend of 75.
cents per share on
the. 6% preferred stock, par $50, both payable
Jan. 2 to holders of record Dec. 21,
Payments on the. common stock
stock,
principal amount of the outstanding debenture gold bonds, series "A,"
due July i, 1955 with, interest to March
20<-1943> payment to be* made
are ' also ' subject' to
/ redemption
in part, pursuant;
of*the sinking fund on Dec, l, 1945, or on any Dec. 1
thereafter, cm. at least.30 days' notice at, the following prices:/ 1Q214 -if
</V-/;/w /•''"•/*. ■"''
dividend of 10 cents per share on
.The directors have declared a
^ ,
and loo if ledeemed thereafter.
1958;
;
debentures
The
Foremost Dairies, Inc.—10-Cent Common Dividend—•
common
before Dec. 1,
or
on or before Dec. 1, 1956; 10l"if red.
Dec, 1, 1957; 100 Via if. red. thereafter and
and
before
or
'
to
-
.
per
,
15, 1945,
its outstanding $4.50 cumulative preferred stock at .
share, plus-accrued dividends amounting to 3.7% cents
Payment will be made at the Bankers Trust Co., 16 Wall *
oj
shares
500
$105 50 -per
thereafter
red.
thereafter and on
157, p. 994.
.
..
.
...
:
*.;
/Investment Co. of
and for other necessary: purposes.
The issue of 2,000,000 shares of common stock (par 1 cent). Giving effect
to this present financing the outstanding shares will be 1,353,039, " /
existing as of July : 1, ■ 1944 is to be"
retained for the purposes of the plan and is not made available for
Purpose—The proceeds to Majestic upon the. issuance and sale of
dividends, which must be paid out of earnings, after ,th4t.v date.: ; ■
200,000 shares should approximate $765,000, which will be applied as
The Commission, in approving the plan, stated that it was a step
follows:
/
/-.•;
•.
v'-'/T
in the right direction from the standpoint of the consuming public and
Not in excess of $170,000 for the purpose of calling at $10 per share
would put the. financial structure of the .company, on. a'more stable
all of the outstanding 26,016 shares of preferred stock.
>.'//
basis, which would serve both consumer interest and investor interest.
Not in excess of $200,000 for the purpose of entering into the record- y
The Commission's memorandum further stated • that ? che board
cf ;
lag,, manufacture and sale of phonographic records directly or through ■
directors of the company should see to it.: that, the preferred stock¬
a
wholly owned subsidiary to be formed.
,»■/
holders were given greater representation on the board of/.directors.—
:
The proceeds to Majestic upon the issuance of 95,000 shares being
V. 160, p. 2404.
; /:::A/;T/;-;
/V j'AvA- A/'A
sold by the selling stockholders to the underwriter as options, will be
$112,499, which will be added to working capital and temporarily held
Louisville
surplus of the
earned
company
property
company's
the
in
America—Net Asset Value—
reports the net asset value per common share as of
J ov. 30. 1944, with securities owned adjusted to market prices, was
(25.9.9
as compared
with $25.63 on Oct. 31, last, and $21.22 on.
l.jv. 30. 1943.—V. }60. p. 2404.
■ J
•//',/j
The
,
Monday, December 25, 1944
CHRONICLE
THE COMMERCIAL & FINANCIAL
ms
company
,
.
.
•I nvestors Mutual,
•
declared
have
directors
«.i he
quarterly
a
dividend of 30 cents per
payable Dec. 27 to stockholders of record Dec. 16. This
20 cents each on July 15 and Oct. 16, last, and 10
fuarc,
dividend of 10 cents
the following three ;
April 15, 1944,
In 1S43, the company paid a
ir the first quarter and 25 cents in each of
<*n
i
•
com-
cents
with
ares
i
Inc.—30-Cent Dividend, Etc.—
:
"• According
-
/
approved Dec.-, 20* proposals by the
/
company to eliminate $6,522,714 in write-ups and other excess ovqr
original cost from its plant accounts,
The elimination, will .be effected
by charges to the depreciation reserve and by - amortization in e6uah
annual ^charges over a 15-year, period.
''://>•//-/.V:'/!;.
The company's pi-evious elimination of $15,144,963, principally from
electric plant accounts in
response to an FPC show-cause order of \
July 13, 1943, brings tc a total of $21,667,683 the adjustments made
iii the company's books.—V. 160, p. 2297. "i
4
\
The Federal
share, of which approximately 42 cents is being paid from ordinary
j t.K income and 38 cents from security profits realized in 1944.
Total gross assets of the Fund on Dec. 8, 1944 were $45,013,943, he
in sorted.
Total market replacement value of The Fund s portfolio of
# '.eurities
as
of that date exceeded their cost by $5,800,799, Mr,
160, p. 1296.
CTabb added,—V.
J
'ariod End. Dec. 2—
sales
sales are
—
A'
Record—
Co., Inc.—Sales a
V Jewel Tea
1944—4 Wks.—1943
$4,861,014 $4,231,326
1944—48 WkS.—1943
$51,948,253 $48,149,036
■\\
Copeland, President of the
director, thus increasing
W.
f>Hed
a
V. .160, p. 1737.
stockholders
the manufacture
v
'••'■
•
used-.
.
this corporation to the
vensboro
-
Kentucky.
in
.
$38,500,000.
Capital Split-Up Approved by Directors—
,
price, expected to exceed $5,000,000, is subject to an inventory
Jan. *2. 1945,. when the transfer will become effective.
The y
'(•'•tizens Fidelity Bank <& Trust Co., Louisville, Ky., is majority stock-.
f"Older in the Ken-Rad corporation,
(New York "Times.")—V. 156//
The
;
directors
The
There
.".7'./;/> //////
>.,160. P. 1864.
'
';/v :/■ //
;
.■
until
dates
The
f
number of Kroger • stores in, operation
2, 1944, was 2,910, compared with
average
weeks ended Dec.
ur
Curing
12th period,
the 1943
Promoted—•
Lambert Co.—Official
,
I
i V=d
}
,
on
.
,
of Lamwho re-
3522.
-f;
•;';
Lefeourt
.
■
■/
State Building
J A Y. City—Partial
have
'. here
OM00
of
V-" '
7
"' .J
redemption
for
1st
mtge.
modified
Corp.),;
(1375-1383 Broadway
Redemption—
called
been
^
'A'
,
Jan.
8,
1915,
total of
a
bonds due April 25,^
leasehold
&48, at 100 and int. • Payment will be made at The Continental Bank
<J Trust Co., trustee, 30 Broad St., New York, N. Y.—V. 153, p. 992.
J
time
same
L.
N.
&
Lincoln Electric Co.—Bonus to
stockholders
.
..
Revision Plan Held
,
Petition of SEC—
company
was
•
Revision
Gtate-r
of
Capitalization Filed
',■■■■'
With
Secretary of
"■/'.
,/
;
Albany,
filed. Dec. 16, with the Secretary of State at
the
■ vendments
to its certificate of incorporation to carry out a plan
f revision of capitalization as approved by the Public Service Com-ssion.
The revision had already been authorized by stockholders of
Company
i
<
I
both common and preferred, on April 25, 1944.
The
Commissiofl approved the reduction and change in capital
i /nek
provided for in the revision plan by a reduction in par value
all outstanding 7 '/o and 6%
preferred stock to $60 par value per
i
tare.
Dividends will thus be $4.20 per annum on the 7% stock and
II t'O per annum on the 6% preferred stock.
Jnder the plan the 3,000,000 shares of common stock now out< landing are reclassified into 250,000 shares of new common stock with
f
capital value of $5 per share, and an additional 253,000 shares of
i :us iie^ $5 common stock are given to preferred stockholders, share
-
<
:
Under
no
company,
der of the
,
•/he order further
(
<
e
v
voted
including"
the
services
and
expenses
of
insel, shall not exceed $50,000.
and common stock there is created
Of th|s, $6,000,000 is to be transi ; red at once to the company's deprecation reserve account.
The
t Hanee of $4,645,715 is to be retained,'" subject to the order of the
Commission, to make up any additional deficiency in depreciation ret-w've which
may be found
to exist upon a re-study of depreciation
the reduction in preferred
capital surplus of $10,645,715.
:3y
(
the
proposed agreement, the terms of the respective mortgage
be changed so that the combined fixed annual prin-.'
will
each
of
ditional
bonds
islsue
and
will
will
the
chased
from
two
$1,000,000
total
of
have
the
be
be
reduced
to
$900,000
such
adjusted
to
maturity
final
sinking
date
fund
option
than
is
,v/'
bonds.
apply
bonds
fixed
to
The
annual
The
year.
per
reduced
extended
,
1964.
to
will
give
retire/without premium,
the
but
to
up
this
Of
This
the ease,
now
annually
maximum aggregate
the company will
a
$7,000,000,
1
$4,200,000 to the retirement of the 3.6%
the balance of $2,800,000 to the retirement
and
serial bonds.
.
cumulative
160, p. 2545.
bonds
of
right Ho
the 3%
an
retire¬
of, an employee
in favor
'
of
$7,000,000
of
Ratified—'
he
optional
optional
the advantage ot,
the company
more
3.6% sinking fund bonds /
provisions will not be
retirement
.
must
be made during
the
specified periods or the light,to make them is forfeited.
The proposed
optional retirement provisions will give the company the'opportunity
t
payments
-
of: retiring all outtsanding bonds without -premium Within/ eight years,1
as opposed to approximately
\\ years under the present schedule.:
i
Under
the proposed agreement, /considering fixed
payments alone,
a larger final payment will be due than under the terms of the existing
.
However, to the extent advantage is taken of proposed v
optional retirement provisions, the amount due at final date will be
correspondingly reduced/
!-v;...
/ *»The
bonds to refund: the first mortgage ; serial bonds are to be 51
designated "first /mortgage^ serial bonds. ■ series 3;" - the- bonds /to 1
-refund -the first .mortgage -20-year sinking /fund
bonds are to. be
mortgages.
\
20CT.OOO shares" were sold, by Majestic, 2,500 r
Majestic and .95,000: shares;,w.ere owned,/,
acquired by it through/'fflcerciseAf . options pur¬
directors and officers and one emqioyce of. Majestic-,A
.
designated
"first
mortgage, sinking fund bonds; -serie^ A/*'.; .The. call /
price, for the* redemption' of the former in amounts in excess of the
fixed .and- optional retirements, will-be 104 reduced by % of 1%. annu¬
ally beginning in 1946. The call price for the redemption of the latter
in amounts in excess of the-fixed and optional
retirements wi'i b«v
104 reduced Va of/1%
annually, beginning it/ 1945;~--V. 160, p. 2648.
; was
incoi povated in" Delaware- on J:
right, title-and/lnterestr formerly
Co. in and to the trademarks,//"Majesttc''; and;/
"Mighty Monarch of 'the Air" and other tradeniarks,,Ttlade nantesA
copyright; patents and patent applicationSiJtTf •/
j J /'"A
On Oct.
24, 1939 Majestic filed » petition with'-the Ui'-iS/ /District *
.-A//.J "A./://. /-/ >■;//
/'/
'/■ /
:>
Court in Chicago for reorganization^ The business of .Majesfie was; con- , i
Meier & Frank Co., Inc., Portland, Ore^-Buys Hotel *
ducted by Claude A. Roth as trUstee drom -Nov.vft -T939 to.Aug. 9, 194C- 7
when
the- trustee transferred back -to- Majestic* -all-its- property -and "
/ This company has purchased the.- Portland. Hotel, a landmark oc¬
of
Business—Majestic
and
History
Sept. 23,
1936 and acquired all of the
Grigsby-Grunow
•
/ / j-
ixjuri-;
;A "TAAA/
the war Maje stic^ wa$ - en gaged in._ the^
sale of radio ^CcfeiVin^ setsAind equipment',^-:
Business—Prior
to
a full block in ihe< center of city.
The property will continue
as at hotel during the- war but ist planned for Use in the
company's expansion 'plans later.—'V. 159; p. 2638.
:/;;*/'
"■1
/■*•. ■;--.yy.■/;_ /■
';/■ ■ ' "y"
/'/'./
cupying
ta operate
consisting principally 'vo'fasseniWy^of-pro- pMelville Shoe Corp.—Retirement Plan Approved—
others to Majestio's •spdcllifcftt.iofifti
y;
; Since. June,
1942, wheh manufacture of all ciyiUan". radio receiving
■/■/'The- stockholders, on Dec. 15 adopted comprehensive amendments of *sets* was halted* by 'Goveriiment Older, all'/o^i^Ciqhs.cdf Ma.Jhktftl/ have "
the present retirement; p'an.
There were 655,076 shares voted in favor- been and .now. are for the United States Government on direct: Contracts '
..of the proposals and.6,552 shares against,-—V. 160, p. 2648;: * v///y» ■.
or
as
sub-contractor, aueh operations "cohsi«HrigAii}xcepr;..^r./cry8'tal
*
manufacturer as in its peacetime business, principally of the assembly
operations
duced by
*
'
parts produced by others to
Of
Metropolitan Edison Co.
Majestio's*specific«tiotisor>to; Govern-"
-Listing of Bonds and Pre-
specifications.
:■
".•'•«■ /. T ■ v
; /T''
f..V/-:"' J:; ferred Stock—'
Majestic/s contracts for war equipment: contain the/provisions^ cus« The New York Stock Exchange has authorized the listing of $24,tomary in such contracts relating, among other ihingsy to the right Of
500,000 first mortgage bonds, 2%%. series due 1974 and 125,000 shares
the otiher parties to such contracts to cancel them inf whole or in part
of its, cumulative preferred stock, 3.90% * series (par $100).--V/ 160,
and to the-right of Majestic, in elfecf to- reimbursement for- its. ex¬
p. 2545.
• ".
penditures under the contracts to the date of,cancellation;*. ,.
"
The gioss amount of the unfilled orders at Oct. 31, 1944 exceeded
/; Mexican Light & Power Co., Ltd. (& Subs.)—Earns.—
$2,700,000 and the undelivered balance ,at^hat;:rdaftfirinvexces8:';-!qf.:$2,-i-f;
300,000 included appioximarely $90,000 for devices being developed in
.ment.
,
.
the
/• Period End. Sept, 30—
Gross
Net
-V.
and
mon
by
9,000
Post-War
Business—The
all'
in
Majestic has had
no
Majestic
no
are
assurance
can
be
war
products
radio-electronics
the
currently: manufactured by
field, with the* vresult that
sets
when
that
Operating—Operations for the period from Aug. 9, 1940
1944 may
be summarized
as
follows;
,
-
■"
.
■'/
■
Period from
May 31/41
Sales
Cost
Fed.
$173,204
of
sales, &c,—363,022
income
and
excess
profits taxes
Net
Stork—At
i>.
835,406
776,625
7,641,586
$24.8,279
$1,566,919
-6,473,067
$2,646,055.
Approval—
•
Commission.
approval
Exchange
conditioned
the
on
'
on
its
common
earned surplus account
stock
■-
.),'
the requirements
be paid which
will
with
shall
below $5,800,000.—Vi
160, p.
2405,
,
;
Midvale Co.—Stock Distributed—Smith, Barney & Co. /
on
a secondary distribution of a block
of stock (no par) at $28 a share with a
of 50 cents a share to recognized dealers.
Dec. 19
160,
p.
T
2648.
Missouri-Kansas-Texas
Federal Judge
,
;
meeting of stockholders held Oct. 3,. 1Q44. the
was amended to provide for an authorized
of incorpof-ation
:. ■
proposed
share
and
dividends
concession
V"5^
Year End.
Year End.
May 31/43 May 31/44
$2,785,653 .$1,592,609
$3,434,913
2,857,990
-1,374,246
3,127,073
/■'
./
" wll-lA : :
135.000
*51,512 /
236,678
.201,109
Year End.
:
*Loss.
Capital
certificate
*189,667
per
Securities
no
—Y.
May 31,'42
,
,
/
..
$9,119,123
1
y
;
.
W
profit
/ //:
*
of 2,000 shares
to May 31,
•
$2
Commission
effected
civilian
resuming the production of
permissible..
becomes
;
Majestic expects no substantial
delay in reconverting its plant and
$9,208,505
2545.
of
reduce, the
'Ccrrespondingly, while
problem or
major conversion problem.
given,
that
■
■';./
1944—.9 Mos,—1943
-
$249,024
.
2.
corporation's
the
•The
,
$1,024,903
payment/ on Dec. 20 of a eaoital dis3,307,301,55 shares of outstanding com¬
stock to stockholders of record Nov. 24 was approved on Dec. 14
The
trihution
in the month of March, 1945.
The
Signal Corps has stated that if Majestic makes delivery:.of 2,400 or'1
these sets in November it will be considered .along with; other manufacturers in connection with the new contract for. 17,000.
February,
$1,084,430
deprec.^,(
earnings
160, p.
/. 1944-Month—1943
oper.
Middle West Corp.—Receives Dividend
'
hand 400 and expects- to- complete and deliver *
an additional 2,000 during November.
Majestic has: quoted on an ad- 1
ditional 17,000
radio sets Which call for a delivery of 8*000 in the
of
from
earns,
Oper. exps. &
has-completed and on
month
(Expressed in Canadian Currency)
;
Majestic engineering staff. •■.Itfls .anticipated that .sub¬
these contracts will be delivered by Jan."31, 1945.
In¬
cluded in the foregoing is a contract from the-Signaf Corps for radios.;
hivving a total purchase price of $l,178,lCKh''/:Tths'contract'was-for
18.000 radios the delivery schedule of which called for 6,000 to be de- ,
livered jn October/ 6,000 in November, and 6,000 in December, 1944,;,
No
radios. pursuant to this contract were delivered" in the month of ;
October arid the Sigrial Corps has revised the delivery schedule to pro¬
vide that 2,400 shall be delivered in the month of NoVemberi
None of
these radios has been delivered thus far (Nov. 18) but the company,^
by
stantially all of
Aug. 9,'40,to
required that the total cost and expense of issuing
securities ' authorized,
reduced annually thereafter % of 1%.
The combined
principal retirements under the present bond issues, in
any optional paynmnts, will range from $1,400,000 to
except that in' the year 1955,, by reason of an optional
of
optional, retirement provisions will be changed to provide the company
with two distinct options: (1) it may retire without premium $900,000
of
bonds annually, and (2) it may retire, without premium an ad¬
Shares,
the * 297.500
;Of
share.
:■
i
--,
,
is
retirement of
bends
.
f
final
/requirements
by the underwriter and
part
restrained Dec. 21 by Judge A. N. Hand of the I
1
4. Circuit Court of Appeals from putting into effect a plan of
#
Apitalization which had been approved by its stockholders last >
/
il 25.
Judge Hand stayed such action until Jan. 8, when the
/Apellate Court is to hear arguments in an appeal from the ruling of '
jge Harold M. Kennedy of the Federal Court in Brooklyn.
Judge !
J „o-/medy denied a temporary injunction by which the iSEC had sought /;
1;» dock ihe shift in capitalization.
A
/
J / '",'
'VVe
i
■
"
on
• •
retirement heretofore made, the fixed principal retirement will amount *
only to $1,050,000. The company is also permitted, without a premium
penalty, to make certain optional payments for retirement of both the *
sinking fund and serial bonds.
/•'//:/■ *:*//
cipal
Television »Corp.^»Stock < Sold-rr
Radio / &
Majestic
shch
,
oh Dec. 16
Aiing Island Lighting Co.—Capital
'
outstanding $10,500,000 of the /first mortgage I
of first mortgage 20,-year sinking fund;
maturity date/of the outstanding serial bonds is
$10,800,000
annual
absence
indentures
160, p.
14
Dec.
on
manufacture,, assembly and
Employees—
distributed close to $3,000,000 in year-end
f ay to, its employees who have matched the normal output of three
X ^nes their number in industry, J. F. Lincoln, President, -announced. /
I actory " workers received 90% of" the money,
"
. ' J JvT,
re's- year-end
disbursement is net a gift,"*-Mr. Lincoln asserted, r.
"Tn the contrary, ft is money earned by the remarkable productivity
employees by individual efforts and together as a production team J':'
'All employees of the company participated in the incentive pay plan v
<
apt the President and Chairman of the board. " This policy has been
-f
ffect since the plan was instituted 10 years ago, Mr, Lincoln said.
1 Employes who have gone into the armed services during the past year
< ■
ed in the distribution in proportion to the time they were with
1
company.—V. 160, p. 730.
"
; .L-y' J'
A
V)
0
/■:;■,/''*;A;A':/;;///7/'1/';j': /:'/'.'■///;•./'/ 'T.A
t
plan, the company announced.—V.
assets."
•
Tl'e company
days in advance of the due1
officials made clear that
company
capital stock,—V.
Pre-War
t
few
'
on
)/*
in->
a
is
$1,600,000,
shares were sold by a director of
Veyment of interest amounting to $30 per $1,000 bond will be made y
Dec. 31, 1944, on the first mortgage income bonds, due 1975, to
-IAlders of record at the close of business on Dec. 21, 1944.—V. 159,
(D
1955;
and
103!/a,
and its stockholders in. that it would bring about a
of the shares than the. present corporate structure
■
<•....
and
The
1,
the
of Federal income taxesA'A
A'A"/•;'/'• ■
voted in the belief that it would be beneficial
ering 24 States and Washington, D.* CA; t
■*
,
provide for
presently
bonds
fixed
Kobbe, Gearhart & Co. announce that, their offering, of
297,500 shares of common stock-at $4V2 per share has
been sold through 125 registered securities dealers cov- ;
/;7:V
ILautaro Nitrate Co., Ltd.—Interest—
was
the.company stated.
the
ment
,
a
the
distribution
The
/
-
,/;
payment
split
McCrory Stores Corp.—Retirement Plan
continue as
1.2297.
to
.
.
i, John L. Johnston, President, announced on Dec. 19. <
Vice-President in charge of sales since 1932, :
a director of the 'company, as will Mr. Lund.—V. 160,
July
of
splitup
two-for-one
foundation..
exists for rumors of a consolidation of Louisville/& ■ Nashville with
Atlantic Coast Line adding that "no such thing is contemplated."
• '
*
It
is
not expected
that a special stockholders ' meeting will
be
necessary
since under Kentucky statutes written. consent of stock¬
holders will be sufficient.
Atlantic. Coast Line owns 596,700 shares
'At
Norton, who has been
v.
them payable a
making
thq company
permits,
■
during the
3,013 stores
'John S. Norton has been appointed Executive Vice-President
; rt Pharmacal Co..
a subsidiary, to succeed Robert L, Lund
all of which
the principal
bonds,
change in
the final maturity date of the outstanding sinking
Feb. 1. 1959.
The serial, bonds, series.l, are callable
May 1, 1945. at 103 VD the serial bonds, series 2, are callable on /
May l, 1945, at 104.
These call prices are reduced >/4 of 1% each six'
months until 1.951, when the reduction is
of 1% each year on the '
series 2 bends.
The sinking fund bonds are callable on or before
Feb. 1, 1945. at 103%.
On Feb. 2, 1S45, this call price is reduced to
.
decrease of 3% .■—V, 160,; p. 2648.%
a
amended
1945.
1.
is
fund
To become effeCtice it will have to be approved by
the Interstate Commerce Commission/'TtAA:- \AvA>
the
stock
wider
-
be.
bonds
bonds.
.
for
The
tq
Co.—Number of Stores—
Feb.
May
value,
No increase is,contemplated in the annual dividend,
stated.
Currently the stock is on a $7 annual dividend *
would mean $3,50 a share after the split.
'
•
/
Directors also voted to inaugurate next year a policy of quarterly
of
JXroger Grocery & Baking
a
that
dividends,
/a/JH ///;//A//
C
■
will
There
serial
par
•
The company has called for redemption on March 1, 1945, all of its
-."it standing shares of 7% cumulative preferred stock (par $100) at
>"0 and dividends.
Payment will be made at the Bank of the ManI isT-tan Co., agent, 40 Wall St., New York
N. Y.
.;/:'"7/
■/•''■•,/'
-Holders may receive the full redemption price, plus accrued diviCTuds to March 1, 1945, at any time, upon presentation and surrender '
1/ said stock certificates to the agent.—V. 160, p. 2297.
./A/A ■'//•///■
fund
no
substantial reduction
fixed
annual
principal
payments;
(2)
extension
of
the final
maturity date of the indebtedness;
(3) liberalizing somewhat
the
optional retirement provision,, and (4) slight upward revision of the
existing call prices of the two issues./
/ ••J.'//-' '.•/!vAA J'/":
The proposed change will not affect present
retirement provisions
company
and
He has been
recent years
Secretary.—-
7% Preferred Stock—
Kobacker Stores, Inc.—Calls
.
;7;
sinking
There will be
20-year
by Metropolitan.
of bonds
dentures
currently outstanding 1,170,000 shares of $100 par capi¬
the split-up there would be 2,340,000 shares of
the
Vice-Pres.—
Harper has been elected a Vice-President.
r:. delated with the company for the past 20 years, and in
J-uS held the offices of Assistant Treasurer and Assistant
homas G.
first
owned
arranged
Insurance
in
Following
$50
0G. R.) Kinney Co., Inc.—New
•f
,
and
Life
outstanding or in the, rates of interest.,/,
' ,-y
If the proposed agreement is carried out, the present mortgage
and
are
Stock.
tal
approved
21
Dec.
on
stock.
capital
stockholders
,
::/'':'//",/.//
>225.
has
company
amount
;
'
.
mortgage
cumulative preferred
on
<Of
I
,
bonds
_•
;
,
/
-
standing bonded
are
1,
<
cumulative preferred shares
to holders of 6%
8
shares, second series, said in substance; /
to enter Into an agreement with the
Co.
providing for refunding its out¬
indebtedness which consists- of first: mortgage serial
The
•
N. Y. ■ >
•
■
->
its lamp-making business with .
f-v buildings and equipment at Owensborp, Ky., and sold to General
Jlectric the Ken-Rad radio tube manufacturing plants at Tell CR*//:
)Vckport and Huntingburg in Indiana and at Bowling Green and
t>«ieral Electric Co. of Schenectady,
■riie Ken-Rad Corporation retained
C
6%
Metropolitan
1945,, a'similar amount of outstanding borids;; The/issues involved in
redemption include $14,000,000 first and refunding 5s, series B;
$31,000,000 first and refunding 4VaS, series C, and $8,835,000 first and
refunding 4s, series D,
All are due April 1, 2003.
•
*
/ ,* •: :
:
rThe new series F bonds, dated Oct. 1, -1944, would mature April 1,
2003,-. Interest would be payable April 1 and Oct; 1.' Bids, which have
been I: requested, from leading
banks and/ investment houses,;: will be,
opened about-' Jan. 4."-V■J.-/"',/^;' m.v/A•' ■'; A
An annual saving of $631,469 in interest charges will be effected, the
L. & N. said, totaling $36,625,200 if projected to/the maturity of the ;
bonds to be redeemed.
It said a sinking fund for the series F bonds ; •
would reduce the principal amount outstanding at maturity to about
Radio Tube
authorized the sale of all assets
20
and sale of radio tubes by
notice dated Dec.
A
the
•; .•
:
.
/ Marshall Field & Co.—Refunds Bonds—
Commissidh for
mortgage bonds,;
Interstate Commerce'
•
■</ v/;/./://'
tDec.
on
."
.
the
asked
has
company
authority to issue $53,835,000 of first and refunding
bearing interest at 3?a%.
A■'•T/*.:'/:-A'1
Proceeds of the issue would be used to retire at 105 before April
: A/, h
^
The
;
■
Sullivan Machinery Co., has been
the board tq eight members.—
Lamp Corp.—Sale of
&
/'-sets Approved— ;
f
//.
.
"lien-Rad Tube
The
Director—
J
...
,
Proposed
Louisville & Nashville RR.—Refunding Issue
any
Manufacturing Co.—-New
/;:/-/:• /'/'■/,./
/
'
i The directors have called for redemption on Feb, 28;? 1945, all the
23,528 issued and outstanding shares of convertible preferred stock at
$10 per share, plus 15 cents accrued dividends.—V. 160, p. 1738.
"
.
'
Joy
■,
Calls Preferred Stock for Redemption—
•;•
and
previous four-week period in the
Cpi-ipany's history.—V. 160, p. 2647.
* :////././
/ \y
higher than
Tnese
-;J;>:/'v/;:;:/'-/;'// //',;Wi//A/W//W
Underwriter—Kobbe, Gearhart & Co., New York.
Commission
Power
,
' !■■' ;/// //';:/ '///'
'
/\/'///
.
cash.
as
to
j ar
I t'all
Gas & Electric :Co.—-Write-Off Ap- ;
(Ky.)
..,•■/ ■
V:
E. E. Crabb. Chairman of the Board, and President,
(be total 1944 dividend distribution of the-Fund amounts to 80 cents
owrters,■
Rubny
M.
RR.—Sells
Hulen
at St
Line—
Louis has entered
a
decree
York, as mortgage trustee,
$2,400,000 from Wabash RR. as the proper price for a 70mile line of railroad between M&berlv and Hannibal. Mo., owned by the
dnecting the United States Trust Co., New
.
to
accept
,
3
the Wabash in ln23 with an option to pur¬
the mortgage trustee to use*
bonds, issued undm" the mortgage in the open
market or. .by tender at prices not exceeding par and accrued interest, The^e bonds are the first 'mortgage 4s. of 1°90.
The transaction was
M.-k.-T,
chase
the
for
funds
and
leased
to
$2,400,000.
to
The court directed
purchase
approved by the ICC last August,
but the Trust company had refused
Volume
to
a
to
mortgage
contending that, it was'made
M."K.-T*
•//'
w;s hot a- party
"/.
the
from
line
the
release
by
-predecessor 'company* of
1923.-
the lease made in
COMMERCIALFINANCIAL CHRONICLE
THE
Number 4345
160
•
/ ;■
,
.-
issue,
been oversubscribed.
Ames. Emerich
•
The Series D bonds are being sold subject to ICC approval.
- V •/
', • Z /••■'• •' :.■/, •>•
Dated Jan. I 1945; due Jan. 1, 1975.
'1 •
■ "".'
'*• '■•'•' '
to pledge and ropledge ,.':. PriiivipD, and iujjre,fc ('January; i and July 1) payable at the office
'to and including Dec. 31, lj4ti, not exceeding $13,152,600 of prior-lien
or agency of the
company in New York.
Definitive bonds will be hi
coupon
form, regiSterable as to principal, an the uJuomlnai.ou W
mortgage 5%, bonds, series E, due 1^7o, us codateral security for
notes
.gjre^ati g $2,00u,WJd to oa is ued witnm ■'■•■the provisions of
.'$1,000 and in fully regktered forn> in cienomhiaticns of $1,000 and
'Section'20a (9) of the Interstate Commerce Act.-—'V, 160, p. 2406.
authorized multiples thereof.
Bonds will be redeemable in whole or
in pqrf gt. the. optten of the ccneper.y, and in part thraurh operation
■of the."'sinldng fund, ther initial redemption prices being 105%%
and
(A. I.) Namm & Son, Brooklyn, N. Y. — Calls Bonds
102%%, respectively, of the principal amount, p.us accrued interest.
All of the outstanding 6% sinking fund debenture bonds have been
In the opinion of. counsel', theue jeoiids will be legal investments for
called for reuemplion on Feb.
16, ,1945 at 100% and int. • Payment
savings banks in Maine, New Hampshire, New Jersey and Rhode
will ,be made at the Manufacturers Trust Co., trustee, 55 Broad St.,
New
Y.—V.
York,N.
:
160,
p.',. 834.
.'-V
,:;/'■■//.
•
Island.
V'
*
puny
■(Dividend—
.
a
''
■
.
1950.,
•
-
To payment,
(C)
Bond
Jack
M.
called for redemption on Jan. 15, next,
outstanding seUal debentures due June l, 1945,, at ICO and
;
•
and ail o* its outstanding serial debentures due Dec. 1, 1945,
and interest.
Payment will be made at the office of Goldman,
Pine
Co., fiscal agents. 30
all of its
interest,
at 100%
payment
■','
to
■
.
,,
lacihties
production
The
..
will
s«.Ovk
new
%
&
Torrey
be
Holders of the bonds to be redeemed
offered
100,000
$6,000,000 10-year serial
29. In announcing this
action
the first time since 1930,
when control of spang, Chaliant & Co., Inc., was acquired, the com¬
pany will be out of debt.
■ ' .■
''/i ■/;;'':"/;Z:%
Daring the past five years National has retired $11,500,000 of bank
and long-term debt, eliminated all contingent liabilities, paid preferred
dividends tota ing $11,756,873, thereby clearing ail arrears on the prior
preference stock, and added approximately $10,000,000 to working capi¬
tal.
This was accomplished entirely from earnings and from liquida¬
tion of assets no longer needed in the business, Mr. Walker stated.
The
bank
will retire the balance of its
amounting to $2,612,500, on Dec.
A. E. Walker, President, said that for
-
.
•
.
100,000
Graham,
,/
,
250,000
son
Gregory & Son, Inc.—
Haligarten
.
Co
&,
500.000
1,200,000
Harris/Hall & Co.
—1,000,000
(Inc.)
Ira Haupt &
.
*
E.
Ohio, Indiana and
Tyson
150,0'. >
.
Wurts, Dulles & Co.
F.
100,000
p.
:
2456.
Yantis
S
Inc.
_/
-
■
1
100,.'.'/)
Co.,
100,00 >
■"
.-™.i
—•-•■ :$42,000.//)
;/Z; //V// //"ZZj;;
/;■:'/
•
&
750.01: >
100,Of >
150/s.<>
a
Wyatt,. Nea) &
Waggon'
.Martin, Bums & Cor-* - //; •
h
bett, Inc.
150,000
Marx & Co
100,000 -/v
160,
l50.' />
Stubbs
Harold E. Wood & Co. ;
Co
&
150//)
■
Whiting, Weeks &
2,450,000
——
—v.
Co.„
White, Hattier & San;■ ford
1..-— ■'■'■
250,000
Laird, Bissoll & Meeds
Lehman Brothers
Loewi
,
;
:
&
'
Co.
&
Co
2,450,000
Laderburg, Th aim ami
*
of those states and
&
W. Thomas
100/-")
300.r; )
100,00 )
300,06 )
300 *-v;)
300// )
:■
Washburn Cr
100,000
M.
./'I
Tovvnsend, Dabnev &
500,000
Kidder & Co.—
A.
■ 250,-.: >
,
Thomas
400,000
Kean, Taylor & Co.—
/
Control—Chesapeake
■
Inc.—
Co.,
Scran ton fe
W,
co.!
100,000
&
Kalman
650 f t'
•
...
Starkweather, & Co._«
Waiter Stokes & Co.,
Swiss; American, Corp.
200,000
Co.—
Co.____
Sills, Minten & Co.,
■/'Inc.
Hirsch, Lilienthal &
Co. —250,000
and Oh,io Railway owns1"-192,400 shares, or
57.01'%, of the outstanding common stock.
Ah voting rights reside in
the borders of the common stock of the Nickel Plate except when, as
at present,:-dividends on. the prererred stocky are in default for at least
four
quarterly periods."? During such periods of default the holders
of preferred stock are entitled
to elect three of the company's 15
directors; »Alleghany :Corp% owns 1,140,574 shares, or 14.89 % , of the
outstanding common stock of Chesapeake & Ohio Railway.
" :•
Pr«pcrUes-DNickel.;Pfate operates approximately 1,687 mires of standard gauge raitroad, oLwhich 1,65.9; mi.es .are owned in fee and 28 miles
are operated under contracts for joint use with others.„
Of the mileage
ownea in fee
1,625 miles are main line and 34 miles are branch line.
These operated tines extend from Buffalo, N. Y., via Cleveland, O., to
Chicago, Id,; from Toiedo, 0., to §t, Louis. Mo.; from Sandusky, O., to
Peoria, Iir.; from Michigan City to Indiiyiapoiis. Ind.; .from Fort Wayne
to Rushvi.le. and ConnersviLe, a^so in Indiana; and from'St. Mary's
to Minster, O. r Company's* lines of heaviest traffic are from Buffalo
-.
:.;■
1,000,000
Co
Co
&
&
R.irer
C'o._—2oO/(, )
Robinson-Humphrey
C "t '
200 • ;>
L, F. Rothschild & Co.
2,450,' t )
Schoellkopf. Hutton &
Pomeroy, Inc.
2,450,(ih->
Schwrbacher & Co.._
200/ <)
Chas
500,000
—
Bruce &
or the States
New York, Pennsylvania,
Ihinois,; and; is authorized to do business in each
in the State of Missouri.v.
■
Parsons &
Co.——
•Green, Ellis Sr Ander-
to present their
payment of the
••;
100,000
2,450,000
Glore, Forgan & C«„
thereof and interest to the respective re¬
* law3
;
;
v,
:
Hill
.
.
<fe
Corp.
Christenseri, Inc/v/ •*; 100//)
W. Pressprich & '
.
co
T,ooo/r•>
Putnam
300,000
200,000
2,450,000
Co., Inc,
The First Cleveland,
Heller.
-
,
the
Evans
A.
R.
/ -150,000
Day &c Co
Company—The Nickel Plate was created by the consolidation on
April 11, %2y, of New xork, Chicago & fet. Louis RR. (incorporated
in 1887), Toiedo,'St. Louis & Western RR. (incorporated in 1900), Lake
Lrie:& vv.ejteni RR, (incorporated iir 18d7), Chicago & State Line RR.
i.ncoiporated in 16871, and Fort Wayne, Cincinnati & Lou.svihe RR.
-(incorporated in 1881). • Trie Nickel Plate is incorporated under the
company
160, p. 2649.
invited
will be
dates for
L.
Clement
The
loan,
—V.
redemption
';)
100,00 )
Writer &
Peters.
100,000
100,000
.
...
Co
demption date.-,.
-
(Pa.)—To Pay Bank Loan—
National Supply Co.
the
of
re^pec:tive redemption prices
stockholders of record Jan. , 25
Feb. 25.—Vl 156,"p.,2575.'//.//vI
to
.
-
advance
in
100,
Co.„
Copeland &
Kendall, Inc.
250,000
—
Co....
&
Dempsey Sc Co
Dick & Merle-Smith—
purpo.e-
bonds
■
subscription rights' w.ll exp.re
and
R.
for
&
Patterson,
V Dallas Union Trust Co.
April
■./',!.••
v
loo//)
100,000
Cruttenden
of paying the principal, premium, and accrued interest
1', 1945, upon the refunding mortgage
bonds, .series A;
will cwd^e to be deposited $6,760,000 in trust with Chase National Bank
of
New
York lor the purpose of paying the principal and accrued
interest tb. Oct.- 1;; 1945, upon the Toledo, St. Louis and Western RR.
first mortgage 4% bonds; and will pay to Manufacturers .Trust Co. the
sum of $10,000,000, plus an amount equal to interest
accrued to the
date of payment of the company's collateral note dated Oct. 24, 1944,
against the surrend.eS' to the company of said collateral note and the
cohaieral p.edged thereunder.
;
;
'2-,"V"
the
Co„—Registers With SEC—
The company has reg.stered 150,000 snares of common stock (par $2)
with the SBC.
■: -v
/;/:,■■
v-,
;//',•.•/;
The shares will be offered to present stockholders at the rate of
1 Va new snares ior taeti Share now ne^d at $15 a snare.
The stock
not taken by stockholders- will not ot-ierw.se be sold.
Total poss.ble
proceeds to the company if all the aha res are subscribed by stock¬
holders is. $2,250,000..
':,■
/ ■■/■'■■■/'p
.'iv.i, ,;///•//;///
Tue proceeds wnr be used to augment the work'ng capital, and pos¬
sibly, if taere ex.st excess proceeds over the requirements of workmg
cap.t 1, it is contemplated that the company w.ii ajqu.re further
100/*
-
inc.
100,000
Courts
will
•
500/".)
Hivschberg,
Carroll & Co.
Cohu
At the time
1
from the proceeds of sale of the bonds and from treasury funds,
deposit $2o,728,945 in tru^t with Guaranty Trust Co. M New York
■;
National Pressure Cooker
/
'and of $8,000,000 on Oct. 24, 1943.
/. , . '
v.!;. . J
...
.
of: deuVery of and payment for the bonds, the company,
/V
:
Sachs &
Street, New York, N. ¥.—V. 160. p. 2076;
6z
Norr-s
'
,
200
Newburger & Hano-*-,;-.;
fe. M. Newton & Co.,
100,000
500,000
•')
1O0.O6i>
200,6-/)
,
co:_^_:„L-.
Alfred CJra-a
John B.
collateral
150//;)
200
Cabot-»:.;_w,'
.
City Securities Corp..
Coburn & Middlebrook
/••rjv,"*,' for the bonds, at principal amount plus interest, of a
.: note an principal amount of $10,006,000, payable in instalments
'a'
of $500,000 on Oct. 24 of each year from 1945 to 1948, inclusive,
'
Muilaney, Ross .& Co.Nashvilie Securities:
150,000
Inc
Co.,
750.'/*>
.
Moor?
250.000
100,000
,
The corporation has
loo,o0
Co.
400,000
Brooke, Stoker & Co._
Brooke, Th'dall & Co.
Burr &
Miller
C
100,000
Co.,,
&
interest, of $6,500,000
4% bonds due- Apr*! 1,
i,;-.-r.-fa
R,
&
Co.
Minsch, Monell & Co.
Mock, Leonard &
Lynch
100,uOJ
2,450,000
Co
&
,
100,* ' >
-—
w;
&
Milwaukee
Bear, Stearns & Co.„^
Blair
■
3.00//)
...
Baum, Bernheimer Co.
Wm.
Co,
E.
100,000
Inc.
Bioren
loo/:, )
.
.
Met-opolitfin St,' Louis
•.
Co.,
&
Bass
,
Me rick a
Inc
Co.,
100,000
100,000
Co., Inc——
Barrow, Le*r; &. Cp._
Co.
&
100,000
.
Bankers
The
Wm. J.
100,000
Co
Bosworth, Chanute,
Loughridge & Co.__Braun, Monroe & Co..
practicable after delivery of and
as soon as
&
Hutchinson
McMaster
100,000
Ibu. uuO:
Co
•
Baukamerica
(B) To redemption on April 1, 1945, at 107%. and interest, of $26,058,600 refunding mortgage 5Vz'tc bonds, series A, due April 1, 1974.
,
Corp,—Debentures Called—
National Dairy Products
follows:
as
&
Aub
E.
A.
to the extent required,
obligations of the com-,'
/
"/■':■'■: " a ■■■'
I-r( Ag To redemption on Oct. 1, 1945, at par and
Toledo, St. Lou.s & Western RR. 1st rntge.
dividend of 50 cents per share on
the common s.ock, no par vame, payab.e Dec. 29 to holders of record
Dec.
13.
A similar distribution was inane on July 31, 1942r, none
since.—V. 157, p. 1085. ,//;
have declared
directors
A twill
i."
,:■"■■
Purpose—The proceeds, together with funds
be applied-to the retirement of $42,558,000
■;
The
'
...
•t'V will
Foundry Co.—Resumes
National Bronze & Aluminum
'.'
.
200,000
1
.•Geo, G. Appjegate-jw-
.
13 authorized the company
Dec.
on
100 "■•>
)
200 '
Morris Matlur & Co.,.
& Co., ;
Inc.
Pledge Bonds—
To
The ICC
Brothers— 1-
$200.f- I
.1003" %
Mason, Moran & Co._
A.
lu." Mas I en & Co.^
$4,700,000
100,000
I:m.
Almstedt
Inc._._
Mason-Hagan,
Halsey, Stuart & Co.,
investment firms.; The
puoiiciy offered Dec. 20 at ,102 and interest, has
composed of 92 banking and
was
.
England Gas & Electric
New
Association—Output-^,
reports electric output
of 13.241,351 kwh.
This Is an increase of 120,678 kwh.,or0,92%. above
production of 13,120,673 kwh..for the.;;„q.jrresp.m.dih6v week a year ago.
Gas output fur the Dec. 15 week is reported at 150,915,000 cu. ft... a
decrease of 19,975.000 cu. It., or li.69% below production ot 170,890,000
cu. It. in the corresponding week a year ago.-—V. 160, p. 2650,
\
For
the week ended
Dec. 15, the Association
NOTE—For
possible
order.
mechanital
reasons
it
possible.
as
/■
*
is not always
to arrangez companiest* in exact
However, they are always as near
position
.
;/■,:/./'/
available for
67,002,546, com¬
pared w.t,4 66,*67,988 lor the week ended Dee. 18, 1943, an increase
of 0.32%.
//
• :■•/:
•
Comparable figure for the week ended Dec. 9, 1944, was 66,425,523,
an increase of 0.23%.—V. 160, p. 2650.
.v
"
lor
territory
reports number of kilowatt
the week ended Dec. 16, 1944,
RE.—Interest—-
New England
Jan.
interest due
The
1, 1945,
on
Period End. Oct, 31—
Uncoil,
Operating
Operating
revenues—
$8 866,454
^
6,118,036
revenues™
$2,743,418
A/-/
1,491,170
income.™
$1,257,248
expenses
Net oper.
Operating
10,278
revenue—.
taxes
stock of tnat company,
Nickel;Plate*owns 15,000 shares, or 50%."
stock of Detroit & Toledo Shore Line RR.:
Nickel; Plate
and
Porcupine,
as
Cobalt
Pacific Public Service £o.—New
The
also owns
railway
belt?
Bank Loan—
;
.
company
At
35.11%
meeting of the board of directors,
board,
;
$2,719,068 $26,973,485 $27,584,2*73
1,404,168
14,636,757
14,638,571
President
Guggenbc/i
as
7:,"v»
Whelpley has been-Chaiman mf /he board since 1938, President sh«; >
1939. and a director since 1936.
George W. Coffey, First Vice-Piv /*
dent since 1939. was elected Chairman of the Board and Preside) /,
effective as 61 the same-date.
Mr. Coffey has been connected with >/ »
terminal
minority interests -in a number of
;
companies.
held on Dec. 14. Medley G.
of that date his offices as Chairman of
and director of Pacific Tin Consolidated Corp.,
resigned
Brothers,
preliminary to the
for
company
Manager" hi
Graham
was
19 years and, before becoming Vice-President, was
charge of Malayan operations for many years.
H.
elected a member of the board of directors to fill
>/i
JV
(,/:•>
first / mortgage. 3% % bonds due Oct; 1,1947. The collateral 7 vacancy caused by Mr. Whelpiey's resignation.—V. 156, p. 258,.
the obligations to be paid from the proceeds of sale of
bonds. '. ;■•.•%;/. h.;
".:vt'.■:
;■■
;,■'•■■':'■ '■*'■'.;'■■ ;
Pan-American Airway? Corp,—To Hold Meeting F/*
-With the" compietition of the present financing, Nickel Plate will
fore Feb. 15 on Financing Plan—
/■
; have reduced its, non-equipment debt outstanding in the hands of the
A meeting of the stockholders to approve newly announced firiane'rvj
v pubiic by $53,260,000,
or 34%, since 1933.
The net reduction in total :;
plans will be held on or before Feb. 15, 1945, according to an ag* : —
debt for the same period wjli be $42,056,110, .or 26%, and the net re-..
ducti'on in .■■Interest.'- charges will amount to $3,020,813, or 39%,;; ,"V;
/mentwith The Atlas Corp., the underwriter.
The stock purcha »
warrants, to be sold with each new share to which stockholders »>,>'•
;/•
By far the greater portion of the reduction in indebtedness has been
scribe under the initial offering to be made next June, will run. fro/1
accomplished;by^ the app.ication of earnings to that purpose. The prinJune 30, 1945, to Dec. 31, 1947, entitling the holder to buy one K//)
cipal exception was the appli&$tion In 1941 of the proceeds, amounting
V share of common stock, as announced.
See also V. 160, p. 2546.
I
to approximately $11,000,000, of the sale of certificates of deposit for
:■■;;/• ;..r,
1
'•.••■■'•:
f /
115,193 shares of Wheeling & Lake Erie Ry. 4% prior lien stopk, toZ
Penn Traffic Co.—Delisting—
gether iVith ,otheri-funds derived from earnings and .short-term' borrowings,'\fq the; retirement of an issue of $16,000,000 collateral trust
The Securities and Exchange Commission Dec. 15 announced the/"■':>»
ance
of an order granting the application of the company to str.V>
;h4%- nottes due in lt»46.; The sale or the prior lien stock referred to
reduced. the; company's dividend income by $460,772 per year.
•
its
common
stock ($2.50 par) frond listing' and registration on
Philadelphia Stock Exchange, effective at the close of the • trad'
:' : '
Capitalization Outstanding Giving Effect to Present Financing
session on Dec. 26.—V. 157, p. 2155.
;•".;
.
6% cumulative preferred stock (par $100)_^.I-._:
;^_-«D<'$36,057,771
h extended
$8,476,273 $86,150,656 $83,984,492
5,757,205
59,177,171 56,400,219
a
Whelpley,'who, on Dec. 31. will withdvaw from the firm of
:f
.
Reductian Jh jftebt and Interest Charges—As a
X
.hi';.r
of the outstanding capital
present, lipahcipg,-Nickel Rlate bn Get, 24, 1944, borrowed $10,000,000
on a collateral note .arid appded said sum, together-with treasury cash;
to the redemption on Nov. 24, 1944, at 101 and interest, of $15,188,000
Co.—Earnings-
1944—10 Mos.—1943
$8,487,746 $86,251,996 $84,073,290
11,473
101,340
88,798
Lake Erie, these shares constituting
s.tpck.'of wheeling, and
the total outstanding
of
.
1944—Month—1943
$8,876,732
revenues
oper.
mo-n
■•«
■
due 1945, will be paid on that
York, N. Y.—V. 86, p. 1225.
England Telephone & Telegraph
Operating
"
the guaranteed 4'F and 5% con¬
mortgage 50-year gold bonds,
date at office of Irving Trust Co., New
solidated
New
-
western; Ontario
,
V
hours
as
The company serves communities in North*
well as mining camps in the Porcupine, So'-v, :v
and Kirkland Lake districts.
It, owns eight hyd>/*'
electric power plants, 739 miles of transmission lines, 157 miles oi i .Z*
tribution lines and 421 miles of telephone fines,—V. 152. p, 3193.
for $12,500,000.
company
•
•
Association—Output Up 0.32%-^-
Assoc.ation
The
its
—
approved p» "»
Hydro-Electric Power Commission of Ontario of the abf-V>
announces: the refinancing of the $2,500,000 balar*/*
/ remaining on its 10-year 3%
secured serial notes, dated May 1, 192.-t,
•: originally
issued in the amount of $4,200,000, payable in annual In¬
stalments with a balance of $1,500,000 payable in 1949.
Interest in Other Railroads—Nickel I^ate owns certificates of deposit
/ The refinancing has been accomplished through a bank loan p- *«
representing the beneficial interest in 14.600 shaies of 5%%. preferred:
yiding for annual payments of $350,000; beginning Dec. 1, 1945. A/
stock and 168,000 shares of common stock of Wheeling & Lake Erie
the first six years and the $400,000 balance in tire seventh year.
7z>
Ry.
Tnese shares'constitute 32.8u% of. the totai outstanding stock of
new loan carries ah interest rate of 2%% per annum.—V. 160, p. 24.0,f*
that company. - Chesapeake & Ohio Ry. owns certificates of deposit
representing, the, beneiicial interest in 115,369 shares of 4% prior lien
Paeific Tin Consolidated Corp.—New President^ etc.—»
stock, 1,658 shares of 5%'%. preicrred stock and 78,145 shares of com-
■
England Power
New
chase by the
Approve:
Dec. 19 announced it has
The Ontario Government on
To. Chicago and from, Arcadia; O., to Madison, 111, (near East St. Louis).
'ApproximatelyplbO;miles /Of the lipes'owned
double; tf-acked and
in aouiiion. the company, operates" as. second main: track approximately
70 miles of lines owned by other railroad companies. '
r
alphabetical
alphabetical
Northern Ontario Power Co., Ltd.—Sale
/
note
•
the
-
is one,of
series. D
.
'
%
.
Net
oper.
Net: income
—V.
160,
831,258
vill
$1,314,900 $12,336,728
778,591
7,889,821
$12/45,702
8,0„0,820
2406.
p.
New York
Central RR.—Redemption
of Bonds—
2650. //
Niagara Hudson Power
//:/./"V
".-.".jL •/■.;
//'//:':
•
-.
reports to the New'York Stock Exchange that $18,145,800 of its 15-year bonds due .1952. called for payment on Dec. 27 at
102
had been redeemed by Nov. 30.
Amount of the issue outstanding
at
the end of November was $6,189,000. down from $24,665,800 on
Oct. 31. 1944, and from $37,237,000 on Dec. 31. 1943.
Prior to issuance
of the redemption notice, on Nov, 8, the road had been pursuing, a
policy of acquiring the bonds, which bear 3%"%• interest, in the open
market.
Between Nov. 1 and Nov. 8. $28t,000 of the bonds wete pur¬
chased in this ma-.ner. at an average price of 102.07.*. An additional
$50,000" was acquired from the Staid Bank of Albany, at 102.—V.' 160,
The company
p.
r
Corp.—Hearing Set—
Service Commission of New York has announced it will
Jan,U6 hi Buffalo on a petition for* con-i
solid? tlpn ' of four utilities.; comprising the
western.; district of, the
Niagara-Hudson Power Corp. into a combination to be known as the
Buffalo Niagara Electric Corp.—V. 160, p. 2407,
,
. / •:■ ■ ;
.
'
hearings beginning on
Co.—Special Distribution of
on
v
V
;■■
'
RR.—Bonds Offered-—
approximately 3.73%.
One other banking
est cost of
approximately 3.74%. The winning
•-"Railway
Oper.. Exp.
inter¬
'41/12,266
Net Ry.
Avail, for
/
Fixed;
Charges
Oper Inc.,
Fxd. Chgs.
$5,509,427
$7,520,295 ; $7,461,661
7,465.863
8,581,792
7,360,357
10,015,918
23,107,185
6.759,546
28.395,482
"7,660,564
-
"26,025,858
5.058,132
6,140,890
31,311,419
8.4.92,405
10; 644,686'
17,568,115
39,561,093
7,200,394
7,033,857
6,874,402
88,742,413:
46,470,511
13.222,981
14,524,558
,lS43™-_"^- 100,,093,565
19431^83/85,093
1-944> 84,124,145
54,585,505
13.265,201
14,788,709
11,451,069
12,407,408
4,680,486 '
10,336,031
4,442,723
*
•
"1942-/-/^ -:
•
e
I
■
s-Ten
mon ths
Company
other fixed
50,382,269
9,338,995
Manitowoe
19, announced award of
Co/ for construction of a new,
President, on Dec.
Shipbuilding
contr;/")
loaded freight cars, aer/ n
lines in the United Sti '•; t
car-ferry ■ to be used in .transportation of
the Detroit Rive;r, between the company's
.
be built at
app^oxima/" /
is scheduled for.delivery /»
length of 400 feet, a 53-f/)
Three railroad tracks, cor< -
Manitowoc. Wis,, will cost
$1,153,000,
structed on open deck, will accommodate 27 loaded freight cars • 9
40-fcot length.
The ferry will be powered by two marine engi-v »
capable of developing a maximum of 3200 horsepower, driving tvv,v)
i
•
screws.11
Wiih the commissioning of this ferry, the Pere Marquette will hfv>
three car-ferries in Detroit River service, shuttling freight betw., ; i
■•■
Detroit and Windsor,
Ont.—V. 160, p. 2408.
♦,
/
/
'ended Oct: 31,
estimates- that its annual requirements for interest
charges/based on its capitalization to be outstanding
(his financing, will approximate $4,660,000.
and
Pharis Tire & Rubber
upon
-
completion of
Bonds—The names of the purchasers of the company's
bonds, -series D, due Jan. 1, 1975, and the
principal amount of such bonds which they respectively have agreed
to purchase are,as follows; .
mortgage 3.%%
lerly Dividend
A
Purchasers of
refunding
•
-
•
Contract Awarded—.
Marquette Ry.—Car-ferry
Bowman,
Mr. Bowman said.
The ferry
Novmber, 1945.
Specifications call for a
i molded beam, and 22-foot molded depth.
5,600,683
43,963,102
",y
shares of common stock (par
and panada.
The ferry, to
i
;'•
5,833,987
,
bid of
syndicate
-
'34,961,299
.
headed by Smith, Barney & Co., entered a
100.271 for a. 3%% coupon rate, an average annual
J.
to
Earnings
-;.v 1941--/l/i.'■; '60,219,289
-.
group
Pere
:
'36 '381 !231
\m>423,402
'
194OZZ-E-
V
.Company »on Dec. 19 awarded $42,000,000 of refunding
mortgage series D bonds to an underwriting group head¬
;
ed by Halsey; Stuart & Co., Inc., on a competitive of bid
/
of 100.529 for a a%% coupon rate, an average annual in¬
terest cost of
///Railway
' Oper. Rev.
1935Lh2/r /34,243,513-
Dee. 15 declared a
Chicago & St. Louis
of
1934i_lrr-a;- $33,143,864 $22,692,256
;
as-
New York,
•
Income
•/■'
,
were
;
.
Summary
foHows: * Jan. 3. 20 cents, and po. cents special; April 1,
20 .cents, and July 1 and, Oct, 2, 25 cents each,—V. 160, p.'2546., /. ;1944
fered 85,000
^Unpaid accumulations on this stock as of Sept, 30-,. 1944, were $28,.664,838,bor v$,79,>50. per share.;tin ,addition,:. $10,000,0.00 of series C
bonds will be held in: the company's treasury.
. .
regular dividend of 25 cents per
ehare and. a special, dividend of $1 per share on-the capital stack ' par..:•
knfh
Mniroh'ln
.Tm*i
M) In
hrtlrlflrc nf rocorHI DfiP
91
PflVttlftnLc.vin.
The directors
Offering—Allen & Co. ( Z •
$1) of the cor/»
pany after the close of the market Dec. 17 at $65% pv
share, with dealers concession of 80 cents per sha//v
The issue was oversubscribed .—V. 160, p. 2408.
Pepsi-Cola Co^Secondary
liability .for
Premiums
/Years—
North T^xas
$100)™.,—33,746,734
conversion—
:
^—
24,100
and;,assessments on capital.&t©ch-*^-..,-..--^t-».200,724
Refunding h)ortgage^3%% boirdSj series D, due Jan 1, 1975
42,000,000
Refunding; mortgage 4% %: bonds, series C, due Sept. 1, 1978*159,875,000
Equipment ob.igations, "various rates and naturinq through
■.;/
': \X9j8 iir; varying amoimt-S:.
. 16,678,890
Stock
The .Public
hold
StOJk f par".
Common
;
•
quarterly dividend of 15 cents per share has been declared on
stock, par- $1, payable Jan. 10 to holders of record Dec.
with 30 cents paid on Nov, 20, 1943, and 15 cents
July 25 and Nov. 10. 1942.—V. 160, p. 988.
common
This compares
on
Co.—-Stock Placed on a Qu;.;/»
Basis—
t*" >
THE COMMERCIAL & FINANCIAL CHRONICLE
and1
its subsidiaries for the
lyeek ended Dec. 16, 1944, amounted to 139,509;0Q0rkwhM an increase
:<pf 4,852,000 kwh;, or 3.6% , over the corresponding . week :of 1943.—
y. 160, p. 2652.
■ ■
the
for
output
electric
company
and
Pickering Lumber Corp.—Earnings—
Earnings' for
fore
income taxes-—
Net
current
were
of
_
$162,235 series B
In addition, cor¬
$308,955 of thesd
showed
Express
'Co.—Acquisition-
p.
greatlv accelerated industrial activity* .throughout the
Pacific Coast area after the war ends, this corporations Columbia
Chemical Division has acquired the plant and sales organization
I
the Pacific Alkali Co., E. T. Asplundh, Vice-President of the Division,
higher
2547.
:
and
city,
in
than
-V-.
■•
this traffic,
on
revenue
off-airline
an
.
commercial
ago,; ■'■:,■
year
to
handled in combined air-rail service in
18.9% over October, 1943 the Air Express
Agency reported on Dec. 16,
A total
handled in the combination service for the
shipments were
airlines, compared with 35,404 shipments October
42,123
nation's
a
gain of
a
Railway; Express
of
originates at or is destined
part way by rail, wasthe report indicated.—V.--160,
which
therefore
moves
1943,
October,
v-,: 1Kr-.-
■;
,
Alkafi
New
has operated a plant for the past 18 years at v
It manufactures soda ash, borax and .sesqui carbonate
,of soda, which includes a group of household and industrial cleansing
agents.—V. 160, p. 2652.
The
company
Pittson
Company—Interest—
Of
the
Sinking
capital.
all these loans
'■■■
...
funds
Electric Co.—-New Financing—
and
;
Co.—^^To Redeem 6% Prfeerred Stock—
their
shares
2.11
of
into
shares
common
companies.
surance
common
Net
proceeds
were
.
,
_
of
stock
V.
The
in
credit
full
in
,
Total
Lawsuit—
Emerich
&
Net
7.
Cost
of
Sell
for
each
of
year
the
The
2. The
contributory
interest.
The
of
the
p.
contract; and
the pensions
Incorporated,
as
p.
trustee,
from
under
The
the
will be financed
under
pension
a
2547.
.
of
.■
*■
annuity
P. Morgan & Co,
a
with J.
trust
group
agreement.—V,
160.
Floyd
as
The
B.
Odium,
Chairman
the
of
board,
last
week announced,
in
follows:
Treasury
pension
trust
.and
affiliated
its
'
7
«,
Department
plan
fcr
the
of
the
benefit
United
of
States
employees
has
of
approved
this
the
corporation
companies.
The plan entered approximately
Nov. 30, 1944.
The RKO
-ended
1.925 employees during its first year
enterprise
contributed
in
excess
Net
of
3,028
—
of
nmmmts
refund
'
25,000
_
$185,572
...
$134,752
$78,000
43,750
.A'A
S3.600.:
+A cash
D3C(. 4, payable Dec. 31, to holders of record Dec. 21.
on
;:AAA'Balance Sheet, Oct. 31, .1944
Assets—Cash in banks and
(net)*
trade
hand, $374,434;
on
dividend
of
$1.25
per
share
on
the
payable,
$88,984;
accrued
payroll,A S35,6l3l
$22,242; accrued royalties payable, $5,000;
provision for Federal "taxes on income
Liabilities—Accounts
of
accrued miscellaneous taxes,
miscellaneous
and
$2,469;
accruals,
capital surplus, $18,294;
160, p. 2548.
South Carolina Electric & Gas Co.—Election Postponed
The City
Dec.
for
for redemption as of Dec. 15. 1944, a
total of $19,000 of outstanding first refunding mortgage serial bonds
dated Dec. 15, 1940, at par and interest.
Payment is being made at the
First Trust & Savings Bank, trustee, Kankakee
111.—V. 151, p. 3576,
were
recently called
13
stockholders
on
Dec,
18
controlled
A
to
approved
creation of
Corp.—Again Increases Dividend—
Dec.
011
°14
declared
a
and
erties
Subsidiary—1
.
t
Venezuelan
A':;/"'A' ,--A *7'
V :A;A7-
has dissolved its existing subsidiary company in Vene¬
zuela as part of a plan of corporate reorganization in order to deal
more directly
with operations there;
The change will not affect the
company's' interest or plans in Venezuela, it was stated.—V. 160,
p. 2444.-7".'7.7'/A A'*.•■;• -■
Solar Manufacturing
Roy
the
will
—V.
■
•A
—
1944
$10,635,382
1943
$8,032,530
160, p. 2335.
'
Soss Manufacturing Co.—Stock Offered—An under¬
writing group headed by Ames, Emerich & Co., Inc., on
98,772 shares of common stock (par $1)
This Voffering represents stock pur¬
chased from five individual trusts.
Of the 98,772 shares,
15,000 shares will be repurchased by the present man¬
agement at the time of the offering leaving 83,772 shares
to be offered publicly.
Other members.of the offering
syndicate include: Baker. Simonds & Co.; Dempsev &
Co.; Kalman & Co., Inc.; Taussig,-Day & Co.. Inc.; Sills,
Minton
per
&
share.
Co., Inc.; Courts & Co.; George D. B. Bon-
charge
in
of
on
Dec.- 19
sales
after 48 years of service with
McConnell,
F.
that
Amos
would
retire
announced
now
General
and a director,
the company.
Manager
of
will
Sales,
into
Manager,
move
and H. E. Hanson, Assistant General
Manager of Sales.—V. 160, p. 2444.
Vice-Presidency,
become General
Standard Products Co.—25-Cent Distribution—
The
like
A
have declared
directors
stock,
par
amount
was
dends since Aug
dividend of 25 cents per share on the
a
$1. payable Jan.'25 to holders of record Jan. 10.
paid on April 10 and July 10, 1944. the first divi¬
.
1942, when 15 cents was paid.—V. 160. p. 1443.
15.
A
Stokely-Van Camp, Inc.—Special Offering—A special
offering of 18,570 shares of common stock (par $1) was
Shields & Co. at the opening of trading Dec. 15,
share, less selling group discount of 30 cents
The offering was oversubscribed within 15
minutes.
Bids were received for a total of 26,022 shares.
Allotments were made on a basis of 72.1%. A total of
67 orders was received through 30 firms.
The largest
allotment was 5,420 shares; the smallest 70 shares.—
made by
at
$1114
share.
per
V. 160, p.
A.
2008.
Stone & Webster
Dec. 19 offered
$8%
1
a!
Corp.—Sales at Record-
Sept; 30-
Saies
the City Council as soon as it
(Indiana)—New Vice-President—
President,
Seubert.
G.
Vice-President
Jan.
The company
Nine Months Ended
fav/or municipal
to
of city ownership of the prop¬
might lie brought about.—V. 160. p. 1443.
this
Standard Oil Co.
quarterly
Inc.—Dissolves
best
how
Edward
Ball.
capital
Co.,
v_,
believed
.
.
Socony-Yucuum Oil
is
electorate
utility property, but is repoited to be opposed
over the wholesale power supply portion of the tympany's
A citizens' committee of 15 members has been formed to
has
dividend of 25 cents
per share on the common stock, no par value, payable Feb. 15 to hold¬
ers of record Jan. 15.
Payments in 1944 were as follows: Feb. 15. 12ts
cents; May 15, 15 cents, and Aug. 15 and Nov. 15, 20 cents each.—
V. 160, p. 2653.
■>
v
77' A.*, 7*
i '
directors
city's
the
study the situation and report back to
reached a decision as to feasibility
preferred #tock.
Sinclair Oil
Associated Gas & Electric Co.
of
the local
oi
taking
on
The
is
by
majority
business.
100,000 shares of
It is expected that 60,000 shares/ carrying
an
annual dividend rate of $4.50, will be ofiered for sale in the near
future.
The proceeds
will be used to finance post-war expansion.
Capitalization now consists of 100,000 shares of preferred, authorized
but unissued, and 1,726,926 shares of common stock outstanding.—
V. 160, p. 2189.
'7. ,V' A;V.' > v •'
V.v;
price of $39,500,000.
a subsidiary of General Gas & Electric Corp., which
a
The company
is
Servel, Inc*.—New Preferred Stock Created—
The
of Columbia, S. C., called off the special election scheduled
to vote on municipal purchase of the properties of the
for
company
ownership
cumulative
capital stock ($1 par), $195,earned surolus, $895,139; total, $1,958,-
renegotiation refund, $695,461;
1944
000;
201.—V.
/Servants of The Holy Heart of Mary (Our Lady AcadThere
yA.-A,',A^":-;7'
^
accounts receivable-
$182,767; cash surrender value of
post-war refund of Federal excess
inventories,
$164,616;
insurance
policies, $23,585;
profits tax (est.), $3,600; land, buildings and equipment (less reserve
for depreciation and amortization, $246,765), $591,873; prepaid insur¬
ance and other expenses, $12,325; total,
$1,958)201.
The
20.
A $49,575
$89,910
renegotiation refund for 1944.
tLess post-war
dividend of 20 cents a share ($39,000) was
for
provision
of
declared
*
a
account
on
Dec.
35,000
civilian
dividends.,—
-Less
Secondary Offering
>
declared
have
record
58,000'
+32,400
proSit.
1743.
at
-
Radio-Keith-Orpheum Corp.—Pension Fund—
part,
directors
Stock—
.
Equitable Life Assurance
terms
2,975
loss,
products
emy-St. Patrick Academy)—Bonds Called—
;
.-■
purchased
Staves,
144,893
2,777
.
94,000
128,000
•
possible
unfinished
on
25.
-
-
be
United
for
.
first
age
8,902-
excess
profit's tax
profits tax
accumulations, payable Dec. 31 to
last
payment on this Issue was
$2 per share made on April 1, 1941.
The directors also authorized the retirement at 104 and dividends'
of 500 of
the 1,000 shares of preferred stock outstanding.—V.
160,
annuity,
-
will
annuities
J&pnietv
to
117,876
CrlO.688
142,756
12,160
A
of Cohen, Simonson & Co.,
director.—V, 152. p. 688.
a
preferred stock
holders
'
^
'
r
-"'A. '•
-which depends upon the amount of
combined contributions of the employee and the employer made at
ea^h age and the annuity rates then in effect.
Each member will
contribute 2% of the first $35 of basic weekly earnings, pus 4% of
Die next $25, plus 6%
of basic weekly earnings in excess of $60.
The company contributes a like amount and the combined contribu¬
tions .will be used to purchase contributory annuities for each member.
The RCA-retirement plan is designed-to provide, in typical cases of
employees having long service, retirement benefits which, with social
security payments,- will approximate one-third to one-half pay.
■ "
Special provisions are made under the plan for optional retirement
Benefits, and benefits in case cf death or other termination of service.
The plan also provides that upon termination of services, an em¬
ployee may withdraw
the amount of his
own
contributions
with
prior
rendered
sea-vice
$268,235
7,764
value
Excess
Seagrave Corp.—Resumes Dividend—To Redeem Half
5%
service prior to Dec. 1, 1944. up to
three years of service and any
continuous
excluding
6,242
$257,874
and
tax, surtax
declared
this
after
$261,994
4,040
9,707
$2.92
A:
$392,571
4,458
life
approval by RCA stockholders and the U. S. Treasury Department, is
Aopen to all persons regularly employed by RCA and its domestic
subsidiaries who have reached the age of 25 and have completed
three years of service.
Participation is voluntary.
Benefits,
which
are
designed to supplement social security, nor¬
mally start at age 65 and consist of:
*■
'.
• - •/ "'A" A,;AA
At. The pension, which is to be financed entirely by the employer
8.»jd amounts to %" of 1% cf the first $250 of the member's monthly
gainings on Nov, 30, 1944, plus 1%% of such earnings in excess of
years
$7.30
.
1941
$1,484,535
1,222,541
$253,834
:,:A
..'■/v
.
4,077
162,441
disposal of eqpt.
Normal
$1,269,181
435,000
$5.99
Manufacturin| Co.
of Preferred
corporation's new employee retirement plan,
Which
provides pensions and annuities for life to memoers, began
the weeic berore last among RCA's more than 40,000 employees through-..'
jout the country, officials of the. company recently announced.
Pre¬
ceding enrollment, detailed information concerning the plan is being
distributed at all offices and plants of RCA and subsidiary companies.
Membership in /the plan, which became eifective Dec. 1, subject to
20
Scovill
•
2300.
#250.
$388,494
7
charges
Exp. of moving into new
Kidder, Peabody & Co. and Clark, Dodge & Co. made a
secondary distribution of 6,500 shares of capital stock
(par $25) on Dep. 15 at $36.50; a share, with concession
of 60 cents a share to dealers.—V. 160, p. 1531.
Consolidated Electric & Gas Co.
for $834,000.
Both Pepco and PGE have some of this Consolidated
stock; acquired; in previous financial dealings.
.V.'
AA''A-A: A " AAAaA
The
Chase National,
the petition sets forth, further agreed to
loan to PGE $5,500,000 at 2% interest for the purpose of refunding
some of the company indebtedness.
("Wall Street Journal.")—V.. 160,
in
1942
$522,579
Cash
i
23,180 shares of $6 preferred stcck of
Enrollment
,
$1,249,523
995,689
•/'/
10,214
income77-__u_7
on
,
Periods
1943
$512,364
Interest
-
3,000
——-Calendar Years—:—
and
earned
&
$1,539,834
1,151,339
1,999,235
'
5,000
5,000
Walter
to the public./'
Stated
for
10 Mos. End.
profit
5,000
■■i-.-.yi''-,-7'"v.";1;-;
,
gen- and adm. exp.
;
Loss
:
7
1
was
'
—
Oct. 31,'44
miscellaneous income_
1942
Bingham,
Hurry
A~:—$2,511,599
Discounts
3,049,144
Blauner. Department Manager
has been elected
.
Plan—
the loan
Courts & Co—
10,000
10,000
10,000
Account
products sold-^
Gross
Ryerson & Ilaynes, Inc.—New Director—
Milton D.
at
Radio Corp. of America—Retirement
1944 -'A
Shares
10,000
j
Total
$3,178,039
435,000
;;
v :
i
Van Alstyne, Noel & Co.
George D. B. Bonbright
& Co
13,772 shares are offered
sales
Prov.
filed in the U. S.
Delzell and R. L.¬
Clark, independent trustees of Pepco.
AA->-:,
' ;.A'The petition
asks Federal Judge James Alger Fee to approve the
settlement, said to have been agreed upon by the trustees and the
directors of PGE on one hand and the Chase Bank on the other.
It
provides that the bank shall accept $1,846,505 in cash and 53,500
.glares of $6 preferred stock of Consolidated Electric & Gas Co. in
satisfaction of its claim on behalf of itself and the Harris Trust &
Savings Bank of Chicago.
• A" V A A.-';; A.? A"'A>a .A'AAA;A A'.AaA
A suit brought by the trustees for $18,178,100 damages from the
Chase Bank in connection with financial activities at the time Pepco
w#s dominated by the Central Public Service Corp. would be settled
b.y the payment of. $663,384 to Pepco and the purchase by the bank of
p.
■
v-
12,000
—
V
''Net
1
$2,605,230
435,000
income
outstanding
Earned per share
—V. 159, p. 880.
/
Co., was set forth in a petition
Portland; Ore., by Thomas W.
Court
''
.
of during the year and
*"28,772
Simonds & Co,^-
Income
7,977,428
,
Co.,
^
"Of which
$4,318,325
6,747,461
"-v
Outstanding), Oct. 81,
1944.,
Sills, Minton & Co., Inc.
-
Power
District
•
Shares
Agreement on involved litigation growing out of efforts of the Chase
National Bank, New York, to collect an alleged debt of $5,950,000
from the Portland General Electric Co,, subsidiary of the Portland
Electric
:
reserves—:
;
plant;
Approval Asked of Agreement in Utility-Bank
Court
tax
first
The
195,000 shs.
availed
was
January,
,
1944
1943
$9,352,691 $11,155,467
vehicles.
($1 par)—
Kalman & Co., Inc
,
Years Ended July 31—7
company
Underwriting—The underwriters named below have severally agreed
purchase the number of shares of common stock set opposite their
outstanding 102,474 shares of preferred.—V. 160, p. 2653.
Net income after charges
'
'■
(Authorized and
,
.
and commercial
passenger
sub-contractors.
and
used to provide additional funds
Corp.—Earnings—
hostilities, the
early in 1942.
Since that time, the company
variety of products for departments of the U. S.
a
Dcmpsey & Co.'
Taussig. Day & Co., Inc.
replenish the $4,720,000 used by the company to
redeem 46,675 shares of cumulative preferred stock. This
stock has been called for Jan. 1, 1945.
After giving ef¬
fect to the retirement of the stock, there will remain
Rohr Aircraft
involved in
Company is currently negotiating for a bank credit under Federal
Reserve Regulation T, solely for the purpose of securing to the com¬
pany the protection afforded by this type of credit.
Baker,
and to
.
and body
limited number ot customers."
a
became
Shares
that it has sold privately $6,000,000 3% 10-year sinking fund debentures to two in¬
.
manufacturers
secured
was
Inc.
announces
company
tion
retired
Ames,
Remington Rand Inc.—Debentures Placed Privately—
The
automobile
respective names, at a price of $7,125 per share-,
shares in the ratio of
for each share of preferred.—V. 160, p. 2188.
preferred
order
to
company
convert
states that Portland General Electric Co. contem¬
plates the issuance and sale of new securities for the purpose cf
redeeming $3,171,000 of first mortgage 5% bonds, due July 1 1950. and
*39,565,0c0 of first and refunding mortgage gold bonds, 4Vz'/c series,
due Sept. 1, 1960, held by the public,
In order to obtauv thev major
portion of the funds required for such redemption, Portland General
Electric Co. proposes to issue the following securities aggregating not in
excess of $42,000,000 principal and par amounts:
'■- .;
(a) Between $32,000,000 and $36,000,000 of first mortgage 30-year
bonds carrying interest at a rate not to exceed 3 V'2% per annum to
be sold at a premium which shall at least equal the call premium on
the securities called for redemption with a spread to investment bank¬
ers not
in excess of 1%
A--;A" A
(b) Not more than $6,000,000 in principal amount of one- to ten-.
ys.at serial notes carrying an average interest rate not in excess of 3%
per annum to be i^old at a price not less than par with a spread to
bankers of not to exceed y4 of 1%.
AAA-;.,
:A /■'.
(c) Not in excess of $4,000,000 in par amount of 41/2% preferred
Stock to be sold at not less than par with a spread to bankers not in .
■excess of 3Vs%.
A*■ -AA.A'A
A A-.-4"
Portland General Electric Co. states that, the exact nature
and
amounts of securities to be issued have not yet been determined, and
will depend upon the amount of cash or securities required as col¬
lateral in substitution of the collateral presently pledged with Chase
National Bank of the City of New York and Harris Trust & Savings
Bank of the City of Chicago, the holders of certain notes issued by
Portland Generai Electric Co,..;
A A*'.'
A* A. A.- A;
The
applicants request
that Portland General Electric Co. be
granted, an exemption from the competitive bidding requirements in
advance of the filing of any application for the issuance and sale of
|he new securities.
'
.
Company has no funded debt or bank loans.
During 1943 company
negotiated a bank credit of $400,000 under Federal Reserve Regula¬
presently outstanding.
The issue is redeemable at $25 per share and
accrued dividends.
Holders have the option until Jan. 22, 1945. to
Application
consequently to
manufacture
Common
has called for redemption on Feb. 1, 1945, all of its
13,376 remaining shares of 6% cumulative convertible preferred stock
The
filed with the SEC by Portland General
Electric Co., Portland Electric Power Co., and by Thcs. W. Delzell and
H. L. Clark, independent trustees of Pepco, regarding the following
and
the United States
Capitalization
,
by 1959.,
Rheem Mfg.
joint application has been
builders
Government
loans, approximately ,$225,000 will be
the balance will be added to working,
serial maturities are sufficient to retire
th&se
from
proceeds
of its sales were made to
war
First National Bank of
,-y,/•*:'■;:;:>
the
to
bulk
the
used to retire preferred stock and
of.
The
'
the
has manufactured
The company also
announced Dec. 18.
was
neapolis and one-half
Minneapolis.
Payment of interest of 2%% will be made on Jan.a, 1915, on the
5Va% cumulative income debentures, due 1964, on surrender
,of coupon No. 2, due. Jan.
1, 1945.
Interest is payable at officeGuaranty Trust Co. of New York.—V. 160, p. 2408.
.. j -
Portland General
$1,-
sold $500,000 in 3% serial; notes due 1945 to 1949, onehalf of the issue of Northwestern National Bank of Min¬
20-year
A
York, it
•
,
,
,
..
L
.
-
sought orders for material of war both to contribute its part to the
war
effort and to offset the effect on its sales of the suspension of
500,000 in Loans—Company has sold $1,000,000 15-year
4% note, due 1959, to the Mutuhl Life Insurance Co.,
Bartlett. Calif.
and Business—Company was
Operations were originally
1909.
After
Red Owl Stores, Inc., Minneapolis, Minn.—Obtains
of Detroit.
Bank
incorporated in Maine Marqh
conducted in Roselle, N. J.,
where the company manufactured hinges and die castings.
Early in
its history the company began to Sell hinges to automobile manu¬
facturers
and
body builders.
The concentration of the automobile
industry in and adjacent to Detroit, Mich., led the company to com¬
mence
manufacturing operations in Detroit in 1937.
In 1940, * the
company constructed its present plant at Detroit and installe*'. therein
the* bulk of the machinery from the plants which it was occupying
under lease in ROseile, N.
J., and Detroit.
All operations In New
Jersey were then discontinued.
'
' ,
As the company concentrated on sales to
the automotive1 industry,
.
Anticipating
^
Manufacturers National
History
Air-Rail
October
—
Co.','New York, and National Bank
Manufacturers: Trust Co., New York,
Trust
Colonial
agents:
Detroit,, Detroit, Registrars:
and
> .>
shipments
express
October
Division
20.9%
Pittsburgh Plate Glass
Inc.
Agency,
Express
Railway
Air
$250,657
#1,199,000 March 31, 1944.
puring the six-months' period company retired
Bonds and reduced the accrued interest $243,149.
poration held in its tieasury, fciept;1' 30j
1944,"
bonds.—V. 145, p. 291.
■/ r!~.'■
;V:'
of
15,
Shipments—'
.
1944,
Transfer
*
,
$1,113,000, compared with
—
Sept.-30,
assets,
Walter
'A-A.-;
'.*A'. A
In addition to the contributions to the .trust fund, group-insurancecoverage provided for under the plan Is paid separately to an insur¬
ance
company.—V. 160, p. 2335,
*, ;•
>;•
V
depreciation but be¬
Operating profits after depletion and
of
shortly to cover the second year./.
Sept. 30, 1944
Months Ended
Six
contribution
a
bright & Co.; Van Alstyne, Noel & Co., and Bingham,
& Hurry.
v'
fund for pension benefits during the first year
approximately the same amount1 will be made
5,000 into the trust
Philadelphia Electric Co.—Weekly Output—
The
Monday, December. 25, 1944,;
:
•
;
:
A
'
A""
.
Engineering Corp.—Changes in Per¬
sonnel—
Executive
dent to succeed John R. Lotz,
Board.
The board of directors
Lacrosse as Vice-Chairman of
Russell
T.
Branch,
Vice-President, has been elected Presi¬
who has been elected Chairman of the
also announces the election of Emmart
the Board, * Joseph Pope as First Vice-
President, and Karl Finsterbusch, H. E.
H.
L.
Bunce,
Brailey, R. E. Argersinger and
Jr.,-as Vice-Presidents.—V.
Swift & Co.—Annual
•
159, P. 220.
Report—See
page
(Contiued on page 2795)
2796.
Volume
THE COMMERCIAL
Number 4345
160
Stock and Bond Sales
DAILY
and deferred deimry Mies ere
NOTICE—CubU
New YoA
((»
WEEKLY
-
2761
& FINANCIAL CHRONICLE
Sfpck Exchange
YEARLY
-
1
of the day. No account ta taken of each sales in computing the range fof the year
41«r«>*erded in the day^ range, anient they are the only transaction*
Stock Exchange
United States Government Securities on the New York
Below
we
furnish
daily record of the transactions in Treasury and
a
Figures after decimal point represent one or more 32d
week.
Dec. 16
Dally Beeord of U. 8. Bond Prices
18
Dec.
Dec. 19
of
a
Home Owners' Loan coupon bonds on the New York Stock Exchange during the current
point.
:
>
4%s, 1947-52
1965-70
2*5
Total sales in
■-
Total sales
Total sales In $1,000 units
High
Low
103.21
100.7
100.11
100.4
100.6
100.7
100.11
100.7
100.6
100.7
100.11
in
.
,
2
\
Vis, 1951-53
Low
[Close
Close
Total sales in $1,000 units
Total sales in $1,000 units
f High
Hign
r
j
2Vis, 1952-55
Low
3s, 1946-48
Total sales in $1,000 units
Total sales In $1,000 units
;.;V:V A?'"-
High
107.21
Total sales In $1,000 units
2 Vis
Low
[Close
"
1956-59
in
$1,000 units
High
(High
28,
1947
(Close
v
[Close
•">
—\ Low
2%S. 1945-47
Low
•
Total sales
Total sales in $1,000 units
-
19
(High
(High
Low 1
•
I Close
.■
Total sales In $1,000 units
units'
Total sales in $1,000
107.21
•
Close
Total sales In $1,000 units
[High
2% 5,
107.21
(Close
'
2*8, 1954-56.
Low
3s, 1951-55
—
'
Low
High
1
Low
[Close
Close
2%s. 1955-60
2s, March 1948-50
1 Low
1948-51
*
High
Low
•
Close
[Close
Total sales In $1,000 units
Total sales in $1,000 units
—-
[ High
j Low
2%8„ 1951-54
■■'•(High
i Low
2s, Dec. 1948-50
(Close
(Close
Total sales in $1,000
Total sales In $1,000 units
units
1
(Hign
.1
2%s, 1956-59
-
(High
Is, June, 1949-51
Low
Total sales in $1,000 units
Total sales in $1,000 units
—
(High
Hign
Is,
Low
2%a, 1958-63
1949-1951
Sept.,
•( Low
[Close
Close
*
Total sales in $1,000 units...
<
\
Hign
Is,
Low
.
2*8, 1960-65-
(Hign
\
1949-1951
Dec,,
Total sales In $1,000 units—
[High
[High
March,
2s,
) Low
1945
(Close
2s,
j Low
$1,000 units
1950-1952—
Sept.,
Low
[Clpse
%.i Total sales in $1,000 units.
Total sales in $1,000 units
[High
2s, 1951-1953
;
Total sales In $1,000 units
[High
1 Low
1*8, 1950-52
1951-55
2s.
Close
'
[High
[High
4 Law
1*8. 1952-54.
2s,
[Close
(High
Low
[Close
in $1,000 units
Total
Total sales in $1,000 units
_
sales
in
4'
f High
•? I-OW
100.6
Low
j LOW
Low
|Closs
100.9
sales
In
$1,000 units™
100.9
100.6
f Hieh
Home
10
5
100.7
2
[High
Low
\
100.9
1
$1,000 units
100.9
100.7
-f Low
Loan
1*S, 1945-1947
100.9
100.7
[High
Owners
100.9
100.6
„
[Close
Total sales in
10
1
sales In $1,000 units
1948
Total
Total sales In $1,000 unita_
1964-1969—
100.11
5
(close
I Close
2*s, Dec.,
100.11
2
[High
1 Vis
\ Low
Total sales in $1,000 units
100.11
100.10
100.10
(close
(High
■{
100.10
100.10
|High'
1
1953-55
Total
Total sales In $1,000 units
1963-1968
.
.
■
I Close
•
100.10
100.10
100.10
j Low
(close
$1,000 units
...
2s
100.10
100.8
[High
1952-54—;
Dec.,
v.-.'M
[Close
1*8, 1962-67
]
;
V
2s,
j Low
1*8, 1956-58
1952-54__—
June,
Total sales
Total sales In $1,000 units
..
1
Low
_
.
Total sales In $1,000 units
units
2*6, June, 1964-1969.
100.24
[High
:,■
■
Close
100.24
Total sales in $1,000 units—
;
•
,
100.24
{ Low
(Close
(High
j Low
(Close
1*8,
(
-■
[Close
1*8, 1949-53
-j Low
(Close
f High
f High
1948
1950-1952
Total sales in
'
Total sales In $1,000 units
Total sales in $1,000
Low
(Close
Close
Total sales In $1,000 units
2*8,
Low
t
[Close
[Close
2*8,
100.22
(High
2
Low
—
1
100.22
Total sales In $1,000 units
High
3%a, 1949-52
1
6
100.22
(High
-I Low
[Close
2*s, 1967-72
1
100.G
11
•
Total sales In $1,000 units
100.7
$1,000 units
103.21
V»s, 1946-49
.
Low
103.21
[Close
3
100.5
"High
[Close
Dec. 22
\
100.5
-[Close
—:
V.v
Dec. 21
Dec. 20
i; r[Close
2*s, 1966-71
LOW
Dec. 19
-
$1,000 units
High
.
1
( Low
■
[Close
Dec. 18
100.5
f High
Treasury
Total sales In 11,000 units
1946-56
Dec. 16
Daily Beeord of U. 8. Bond Price*
( High
1 Low
Treasury
V'
-
,
Dec. 21:; Dec. 22
Dec. 30
(Close
Total sales
*Odd
,
lot
in
$1,000 units
sales.
t$5,000 registered sold at 100.1.
NEW YORK STOCK RECORD
LOW
$
$ per share
*
64
64
111'*
nu.
63 *
10
64*
13*
9%
10*
64*
14
*32
6
6
32%
23%
40'/b
98*
*170
177
*170
13%'
63*
*63
13%
*32
23%
39*
*97
5%
6
6
63
9%
10
65 Vi
39%
100
PRICES
Wednesday
174
174
I
per share
63*
63
111*
*111
63*
*61
9%
9%
63*
111*
9%
9%
65 Vi
13 y4
33'a
*31%
33
23%
x23 Vi
23%
23*
23*
23*
23%
39%
39 V4
39%
39%
39%
8,100
97
97
97
97
50
6
6,100
39 Vi
40
*97
100
5%
6
174
*170
10O
5%
*170
174
3 Vb
3 Va
2%
37*
36 Vi
38
61
60*
61 Vi
60 Va
62
28%
28 Va
28%
90
91
91
*13*
157
155
28 Vi
x.90
-
13%
13%
14
156*
28 *
*13*
*15*
16
*
15%
*15*
32%
32
For
footnotes
16
32-
32%
see
page
2771.
32%
32%'
,
27%
*91
173 *
3
*32 *
5%
*170
2%
10
64
30
3
125,400
29,400
26%
36*
37V4
60 *
60%
61
2,600
28
28
28%
4,900
91%
91
91
13 %
13'4
13%
155%
155*
155 Va
31 Va
32%
600
13%
155 %
140
32
16
>'32%
*15*
32
16
32 Vi
„
.1,800
300
3,900
2.50
Co-
25
No
Jun
13
8
10* Dec
66
Corp
8% Aug
Jan
10% Jan 27
Par
26* Jan 31
10
No
Inc
19* Jan
6
par
37V4Mayl8
100
75
Alaska Juneau Gold Min
10
Albany & Susquehanna RR
10O
Allegheny Corp
5*% pf A with $30
100
$2.50 prior
1
war
124
2
Allied
Chemical
&
Allied Mills Co Inc_
_i_I
Dye
—No
par
8
No par
t per share
»
63* Mar
115*
Sep
Mar 29
35%
29% July
July
41%
~Sep
Jan
57 Vb
Jan
13
Feb
32* July
14%
Jan
21* Mar
38%
Jan
48%
67
Jan
76 *
Sep
Jan
7V8
Apr
Jan
128*
Dec
3%
85
•Pn Jan
3 % Dec 16
Dec 20
Dec
52
7%
.
Apr
Jun
3V» July
Jan
32 %
7
13
Jan
45%
5
18 Vb
Jan
31* July
64
7
Jan
75
5Vb
38
62
Jan
Jan
25*
3
15
7
18
15
18
7% July 13
181
Nov 21
3
70
Allen Industries Inc
3
Nov
14
Dec
32* Dec
24* Oct
43
July
98* Dec
4
24 % Apr 19
Alleg & West Ry 6% gtd
Allied Kid Co—
Jan
23* Jan
37
100
13
5* Apr 18
preferred-No par
Alghny Lud Stl Corp
No par
conv
Jan
Jan
Nov
Highest
'
2
3
108
12
Dec
Vicksburg Ry
&
51*
64 Va Jun 23
64
24
53
I per share
t per share
114
Jan
47
l
Corp
Reduction
Alabama
,
108* Nov 21
Co
Address-Mutigr
Air
52* Feb 21
100
No oar
Express
Adams-Millis
172
*15*
%
Motors
Steel
Adams
33
16
13
Acme
4,600
13%
156
156
157
2%
36
*59 V4
6
13%
15 Va
13 Va
13%
154%
157
'
5%
33
9%
*63
No par
*—
preferred
ACF-Brill
2,100
61
100
4%
Abraham & Straus
10.000
300
9%
13 %
60
28%
Abbott Laboratories
380
Year 1948
Lowest
Highest
$ per share
Par
30
63 Va
Lowest
EXCHANGE
1,000
111*
63*
*63 V4
61%
*97
65
ill*
66%
13%
36%
28%
63
111*
63%
*32
Bange for Previous
Range since January 1
STOCK
Shares
13%
37
97
1 per share
NEW YORK
the Week
63
3*
28*
64 V4
for
Dec. 22
13%
35%
*92
63%
*111
Sales
Friday
65 Vi
3%
3
t per share
*61 Va
67
27*
3 Vi
Thursday
Dec. 21
Oec. 20
36*
3
STOCKS
SALE
t per share
*111
63*
98*
40*
*
*97
64%
111
23%
24
*23*
40
*63
share
13 %
33
*32
63 *
111
63
63
per
HIGH
Dec. 19
Dec. IK
Dec. 16
AND
Tuesday
Monday
Saturday
Sep
Sep
May
Jan
21
9ViJan
3
91
Dec 20
15% Oct
7
Apr 26
13% Mar 18
157
Dec 16
16* Feb
5
140* Jan
10% Jan
14% May
35% Mar 27
18 V*'Han
37%
141
"29
Aug 15
•
Jan
U*
165
Jun
July
Nov
lay/ December 25, 1944
CHRONICLE
COMMERCIAL & FINANCIAL
THE
7.762
Tuesday
Monday
Saturday
$
I per share
$ per
share
per
213.i
21%
*300%
102 Va
.102%
39 %
113%
113%
113%
23 Va
23%
4
*41%
42%'
27 Va
27%
27 y*
27%
43%
43%
42%
44
42%
43%
21%
21
21% i.\r 21
72
V: .Vl 71 V;i ■71
21%
17%
43%
.16%
16%
.17%
16%
x45%
45%
44%
44%
Xl31%
131%
*131%
132%
11%
11%
11%
12
90%
91%
.
.%
92
92%
91
*182%
183%
182
40%
41%
40
40%
'•8%
99%
98
98 %
26 %
26'%
26%
■
4
14 y4,
•
36%
3%
3%
35
33%
...
'
11%
% 11%
11%
27 %
26 3 4
m
2%
2 Va
2V4
'v
21
•
21%
.
9t%
;•
* 16"
'
47%
»• 10
' -
...
5'%
69 %
6%
72
%
9%
9%
8%
*48
■
ill
23%
12%
12%
25%
*25%
25%
25%
■
131
37%
38
18%
26%
109 Va
12%
12%
•
12%
24%
24%
■
41%
2%
61%
59%
80
60
60%
9,600
52%
53%
53%
54%
52%
54%.
11%
11%
11%
13,800
34,100
14%
77%
76%
77%
!y
18
19
%
19la
19%,
35%
r
35%
35 Va
35
35%
40% -1
39%
40%
38%
39 %
38%
40%
*42
*148%
28 %
27%
28
17
16%
17
25
*24%
17
*24%
54%
132 Va
164%
.164%
65
15%
46
.
*130%
,
-v
-
66%
05%
46%
-
8%
-
106 y4
106%
5%
•
5%
5%
3^$
38
•
28%
38%
38%
25
25
25%-
25%
"13%
13%
14
37%
.
24%
13%
4%
4%
4%
4%
4%
52%
52 Va
52%
52%
6%
6%
-6%
6%
6%
6%
6%
103
45%
.
19%
"
111%
*111
112%
110
*108%
110%
110
110
45%
*43
44
*43
108
*106
1914
110
110%
110%
111
109%
109 y2
109%
109%
*43
44%
19%
*43
44%
*43
79%
105
80%
104%
50
33%
33%
34
52%
34
34%
*72%
72%
72 Va
72%
72%
31%
30%
31
30%
30%
112%
112%
*56%
6
%
"18%
% •%
14%
4%
*56%
61%
61%
117%
*117
18%
18%
18%
11%
11
11
15
11%
11 Va
57%
117
18%
18 V4
112
61%
117
19%
9%
18%
110%
m
81%
102%
103%
9%
1 000
4,800
';
112%
270
280
110%
45'/a
108
23.700
82%
54%
33%
22.400
34
*72%
74%
30%
30%
112
571%
74%
200
30%
7,000
130
1.12
-15%
.
5,400
15%
*56%
15%
*56%
f'
1,800
.57%
59%
4%
Atlas
1,020
60
Atlas
60
20
500
11%
400
Austin
U'/a
11%
*10%
76
77
*76
15%
14%
15
5
4%
.5>/8
5
*10%
11
78
120
77
77
78
14%
14%
14%
14%
5%
5%
5%
26%
25%
25%
.
5%
2,300
5% /'
85
conv
—
prior A
Autocar
Corp of Del
(The)-
Baldwin Loco Works TtCBaltimore & Ohio—
—
4% preferred
—
Bangor & Aroostook——
A
Jan
62% Dec
15
18%
Jan
40
Feb
14
55% D c
Id
16 y2
Jan
45%
Oct
Jan
3
12% Aug 21
6Vb
Jan
11%
Jun,
Jan
22
3
•;
3% Aug 10
; 77% Dec 11
43 Va July
Nov
32% Mar
Dec
144%
Feb
161
Aug
Jan
45
Apr
45% Dec
5
19
141%
Oct
151% Aug
12
19%
Jan
29% May
23% Dec
25% Dec
V- 55%
29
Feb
11
Jan
7
Jan
12
Jan
Jan
115
16
21%
Jan
32% Aug
158% July
127%
Jan
42%
Jan
43%
Jan
65% July
129%
Jan
146% July
6%
Jan
13.
15% Dec
3
20
Jun
28
49
19
26
6% Jan
3
10
6'/a Jan
3
67% Jan
3
<
115%
28%
26%
26
10%
10%
11%
12
11%
11%
13%
10%
11%
10%
10%
10 %
.
21%
20%
22%
21%
21%
23%
87,100
38%
20
20%
19%
19%
13%
13%
14
13%
14 Va
13%
13%
14%
6,900
13 Va
13%
14%
67%
68
67%
68
67%
19%
1 4
26%
26%.
25%
*68.%
68%,
67
33%
31%
32%
31%
32%
31-
32%
17%
17%
17%
17%
17%
17%
17%
17%
*51%
51%
*51%
51%
51%
51%"
%
-
•
.
16%
16%
16%
16%
16
18%
19
19
19 y4
Xl8
33%
33
33
"33
*3714
,
•
.'*i061/2
'
1314
%'•%
■
*117
;
33
36%
108
*106%
13%.
38%118%
'
1314
*37%
*117
36%
109
36%
*106%
13%
13%
38%.
37%
118
For footnotes see page
33%
2771.
*117
51%
*51%
26
450
68
68
31%
31%
31%
17%
*17%
17%
51%
*50%
51%
30
6 7'/a
30%
32%
17%
,
:
68
25%
10% Aug 12
3%
Jan
23
Jan
3%
Jan
8% July
55%
Jan
79% July
3%
NOV
42%
Jan
54% Mar
26
28% Dec
11
24%
NOV
31%
Apr
24
38% Dec 15
24
Jan
29%
Apr
23% July
24% Jan
25
Jan
20
Jan
65
7
28% July 20
16%
Jan
Nov 17
9 % Jan 10
117% May 26
111%
Jan
12
8%
Dec
2
4% Aug 30
112
2% Jan
14% Dec
57
Jan
3
4% Apr
19
Jun
9
3
119
Jan
Sep
49
Jan
84
Dec
7
28
30
Jan
40%
Jun
12Va July 30
13% Jun 28
12% Jan
4
6%
113% Nov 27
Jun
10%
Jun
6J/4
3
10%
Jan
Jan
15%
Jun
72%
19% Dec 19
111% Dec 19
Jan
4%
3
Jan
97% July
94% July
59
Jan
6
29
Jan
39%
Oct
100
Jan
Nov
108% Nov 17
108 %
19
3
83% Dec 20
85% Jan
May 19
53% Jan
Jon
"7
25% Jan
3
Feb
15
59% Jun
7
24% Jan
14
107% Feb
18
11% Jan
3
53V4 Jan4
7
52 y4 Apr
19
May 26
"
14% Mar 31
Jan
45% Sep
,
44%
Jan
Jan
106% Dec
13
66
Dec
20
24% Nov
55
33% Nov
76
Nov
i
Oct
7 % Dec
57% Oct
36%
Oct
44
Jan
68
Oct
18%
Jan
28% May
9
7';/
2;;
Mar
106
6%
50
120% Aug 14
%
113
Jan
57
.
13,600
-
700
16%
13%
16%
16
16%
9,900
18%
17%
18%
17%
17%
17%
18%
15,200
33%
33
33%
33%
33%
33%
34
16%
36%
108
13%
38
118
15%
36%
35%
33%
36 %
*106%
107%
107»/«
107%
13
*37 y8
*117
13%
38 %
118
13%
37%
118
13%
37%
118
1
37
106%
13%'
*36Vai
'118
2,300
1,000
37
40
107%
12,200
13%
38
121
,
80:
,
,
.100
5%
Barker Brothers
Jan
16
2%
Jan
9% Aug
9
28%
Jan
85% Aug
"3%
Nov
6%
26% Dec 15
10%
Jan
20%
Dec
3%
Jan
10
Apr
Jan
14%
Apr
5V4 Jan
34 V* Jan
12
Feb
12%
Apr
63%
Dec
84% May
19
7
3
Apr
24
5% Jan
3
13% Dec
22
15% Nov 28
5% Dec
22
9% Jan-
3
23% Dec
22
9% Jan
3
14% Dec
14
Jan
4
68% Dec
21% Apr
25
12
preferred
.—5
Oil Cp
—1
Bath-Iron Works Corp——
~~No par
Bayuk Cigars Inc
—-25
Beatrice Creamery——"No
par
5»%%
preferred———„
Beech Aircraft
Corp——
Beech Creek RR-—
Beech-Nut Packing Co—
1
-50
:_2o
4
Jan
24
13
14% Aug
9
14% Sep
Barnsdall
$4.25
Jan
43
-50
25% Feb
31
•
Jail
15
11
105% Jun 24
;
31
14
33% Dec 16
18
July 5
53
Aug 21
18% Mar 17
34% Nov
18
18
Dec
5
19 y4 Dec
38
111
Oct
11
14% Nov 16
8
Jan 11
38
Dec
5
12
121
Nov
6
7% Jun
111% Jun
Dec
Jan
7%
Apr
60
Jun
8
Dec
13% May
.-50
.100
Sep
68% July
22
20
25
.100
preferred—
-10
Barber Asphalt Corp—
—No par
Conv
Sep
13% May
123
3% Jan
18
113%
Jan
Jan
52
Jun
May
3
29
12
62
90% July
38
Jan
32% May 17
114
67% July
19
14% Dec
,
Sep
9
75
46% Jun
66
Sep
6%
Jan
Jan
18
7
Feb
47%
3
17
103% Jan
Apr
3%
46
9V4Feb
8VaJan
Jan
Jan
34
Mar
14%
"
35% Apr
3
116
1% Jan
5
107% Dec
Jail
''
16
G% July
74% Jan
112
Apr
7%
5
16
16
25
Nov
88%
53%
Dec
3
Feb
S2'
Sep
May
9
13
Nov
Dec
6% July
Jan
.100
k
9% Dec 13
107
4
-13
12-% July
!49 %
121% Aug
Jan
100
44
—a
63% July
Jan
32
120% July 11
84V2 Jan
33
Jun
Aug
17Va
July 11
152% July 6
11618 Apr
90
Dec
17% July
91
75
39 Va Apr
.
16
Jan
July 14
75
3
7
8% Jan
,
22
166% Dec
3
57% Jan
'
33
31% Jun
26% May 17
Jan
6
156
56% Jan
14
Dec' 23
Dec
132
:
11% Mar
.39% July 20
-■
111
85
Apr
47%
18
152% Dec
Jan 20
16% Jan
3
42
May
9
15
139
18
Dec
10
V4 Jun 10
22
15%
Jan
35%
33% May
146
Apr
Jan
36
10
"
.25
100
69% July
8%
9
163% Dec
16% July
Jan
12%
18
37% Dec
9
Jan
25
18% Sep 30
19% Dec
13
13
Oct
173
10%
54
1"% July 10
Jan
Oct
48%
Feb
154
Aug 14
180
>
B
22,000 1
182,400-
26 Va
4% May
6
21
Co.
Aviation
Oct
Jun
Jun
—1
—-i
158,900
Apr
Nov
36
2
96Va Jan
preferred——
Nichols..
27'/a
125%
Jan
Atlas Tack Corp——
5%
16%
Jan
Jan
Powder—-——'
117
5
15% Jun
Feb
20%
preferred——
20
Sep
Jan
7%
x26
pref series A
117
82 y4
Nov
12%
116%
Line RR
20
•:•,
68
22
42,
—
61
17V2 May
Dec
147
25
—100
—10
—14
:—100
117
47
Nov
21
25
60
*18%
Jan
7%
13% Feb 21
—100
117
39%
16
12% July
4
26 V4 Jan
Corp————————_
6%
13
Jan
Refining
conv
Jun
28 Va Dec
50
15
^tl G & W I SS Lines5% non-cum preferred—
Atlantic
Feb
Oct
5%
31
preferred—5
Coast
714
10
12 Va Jan
div
5%
Jan
Sep
9% May
■
Oct
Anchor Hock Glass
Atlantic
May
Jan
163
Corp—.
preferred—-—
Andes Copper MiningA P W Paper Co Inc—
Archer Daniels Midl'd*
i
Armour &. Co of Illinois——
$6 conv prior preferred
7% preferred —
Armstrong - Cork Co—
.*
J
'•! Arnold Constable Corp——
Art-loom Corp __————J
Associated Dry Goods-;—
6%
1st preferred————
2d preferred—-—
Assoc Investment Co.,-_
1
5% preferred—-.——
tAtcu Topeka <fe Santa Fe—
1,500
104
34
112%
500
r-
18%
53%
14%
.
2.356
;
53%
15%
,
•
*111
112%
78
•■'.
79
4%
5%
18'%
30%
30%
15%
61%
61%
117%
*72%
78
112%
15%
57%
33%
;
11%
18%
15
78 %
15
61Va
*117
.
52
34%
*56%
16
15%
57%
*56%
57% '
61%
78
78
16%
15%
117%
*1.7
112
111
16%
30%
*112
79
102%
55
74%
112%''
'...
83%
104
30%
14-4
*106
108
103%
*72%
'
*111
1,100
44%
9%
500
J
15,200
11 Va
11%
18%
•
*44'/a
45
9%
19 v4
53%
33%.
44%.,
*11
9%
y4
104
50
51
80
82%
104%
51%
*106
108
79%
104%
80%
*43
44%
*106
108
*106
107
*111
*111
113
1«%
*106
33
*110
45%
11%
*11
5,700
113
y,
m
44%
-.;-■'
800
4%
Dec
1st preferred—
$5
101
9%
19%
"
*100%
10%
9%
%
6%
100
*9%
9%
5"
6%
6-%
11%
11%
105
52%
45
10 Va
.
*52 Vs
11%
.
1-3 V4
79%
52%
44%
,
>1%
*102
4%
4%
45
10
1.9
12%
115
11%
109
100 Va
113
*110
113
*111
12%
1,000
-
..
7
26
—.
37%
5
66%
Jan
9
■'
Tobacco--i^—No par
100
Woolen
37%
"
100
—-
May
44% Feb
No par
No par
No par
B_——
5
130
;
100
Refining—
Apr
Jun
■'!;' 70
Jan
2
18
-
15
Co
Foundries
Jun
July
18
IS Dec
32
25
—
40%
53% Jan
76% Oct 23
1
7
—:
Jan
35
18
Anaconda Wire & Cable——_
23%
6%
ICO
200
6% Aug 18
Nov
9
46
Feb
20
No par
100 ;
preferred
Apr
4%
115% Feb
No par
No par
—
36%
Jan
2%
15
15
3% Jan
Jun
Feb
30
24% Dec
46
78%
13;
3
12 Dec 18
r
Jan
22.
Mar 27
65
Anaconda Copper Mining-
4%
52
8,100
113%
44 %
-
3% Jan
May
26
94% Dec
39% Mar 31
;•■
9
Jan
39% Dec
111% Dec
21,900
2.3%
4%
19
4
;: i' 440
*111%
13
Apr
;
87%
39
-
29% May
Jan
Jan
7
5
A
29
28%
*37
37%
113%
*112%
115
45%
100%
: 102%
101
103
103
103%
*112 Va
■
■:
1,000
o
5%
27%
28
*12%
52 V*
52%
*52 Va
6%
-
*111%
104 .1
2,900
64
..*23% ' 24
,
4%
*52%
,
.
r
4%
4
5%
37%
13
*12%
*102%
5%
8%
Jan
.
Jun
Apr
1%
.
25% Apr
102
■
10
46%
5% Mar 16
10
8
:
Nov
22%
Mar 22
29
10
No par
—No par
No par
Preferred.,
—100
Amer Zinc Lead & Smelt———1
$5 prior conv preferred
—25
$6
American
25
26
14% Feb
preferred—;
Water Wka & Elec—
Am
26,200
;
Jun
"■■■;
80% Jan
5%
200
s
8%
64
57%
38
24%
*23%
*111% 113 y«
.
*111%. 113%
13 Va
13
114
*112
114
*112
38
38
X24%
102%
v
99
8%
5%
28%
-
*98%
8%
*60
27%
28%
8%
8%
100
■
102...
64
*60
64
120 Va
4%
Jan
19
4
American
6,900
Jan
11% Dec
12
Type Foundries Inc
Viscose Corp——
Amer
Dec
1%
6%
45a Aug 17
6
3
preferred
6%,
1,970
18,400
45%
*119
120%
:
5%
5%
45
45%
8%
103
103
5 Va
■
,
15%
8%
!
8%
8%
8%
..,
■-•
99%
*98
105%.
5%
28
144%
15 V.
*119
.
8%
8%
8%
99
*60
28%
28%
'*8 %
%
v7
64
*61
€4%
144%
•15% '
;
•
120%
*119
119
105
:
;v".:
.65%
45%
8%
9
9V«
106%
65
46
*98
5%
.61
46%
45%
'
106 Vit
9
15
54%
62 V2 Jan
Common class
5,000
65
Dec
10
Telep & Teleg Co
American
Tobacco————
2,600
42%
Jan
Stove Co——
Amer
8,000
13
6% Jan
—
Am Sumatra
30%
«ni/^
163% 164 V8
64%.
o4%
Jun
36% Dec
13% Jan
American Sugar
preferred
300
,i
Feb
104%
-18.50
non-cum
Steel
18%
Jan
preferred—-—100
Seating
American
Dec
14% Feb
American Stores——
4.600
;
144%
64%
144%
15%
8%
9
99
*97
99
65%
144%
119
119*3
.
01 72
15%.
45%
8%
04%,.,,
65
132
;■■
%;
"
6%
Amer
i 700
55
•?r>
A
Jan
Jan
33
11% May
6%
13%
97%
Apr
59
:
.112% May
7
15% Jan
■
Feb
6
Jan
68
Apr
96
IS
1% Oct 27
V
24%
15
Aug
20% Dec
.2% Mar
23
July
80
116% July
14
21% Sep
...
45 %.• Jun
Jan
107% De'c
5
Mar 10 >
8
Jan
Nov
7
10 V4 Jan
101% Feb
9V» Aug
Safety Razor—
American Snuffi-,
i,3oo;
U.500
1,400
-
132
136
144%
15
108% Feb 18
91% July
185% July
Nov
29 :
9% July
^
conv
131% Nov
9% May
Jan
107
100
Preferred
40
24%
55
c4
:
3;
.
116%
*24
164%
15%.
66
143%
.
■■■"
Amer
27%%
27%
16%
164
144%:
66
:
6al ',i>
04%.
64'/«
-
1
No par
Ship Building Co_-—No par
Smelting & Refg
No par
Amer
280
42%
55%
*29%
•
155
24%
*131
%>%
164%
164%
570
12,400
!V,;'.
;
40
41%
17
54%
135
80%
165
164%
41514
-
*119'
9 %
*97
134
*29%
;
45%
-
120
••
55%
14%.f
46%
'119
:
:?
24
54%
143% •14-4%.
144%
V5%'
24
*130%
26
Nov
25
Rolling Mill
American
163
'
*132
■27%
■
17
;
*24
24%
55
164%
66
66 %
66
.
54%
30 3 4
164%
66
65%
144%
17
;
24%
133
*129%
.
16%
4% %
2,600
V
;•
34
163
42%
27%
Va
28
27%
16%
54%
r *30
30%
28
18
39%
:
155
*152
;
155
*152
27%
16%
■
39%
42%
42%
42
24%'
.
54
54%
<129%
•
152%
152%
y.
152%
152%
43%,
Jan
Aug
38%
27% July 15
115% July 24
23
:107
134 ;
59%
20
Dec
Apr
43% July
24%
42% July 14
99
9%
;
Nov
71%
168
2—No par
Preferred
American
Jan
July 12
.
95% July 33
7%:Apr
preferred
preferred.—
Rad & Stan#San'y
1,400
;
3%
14
.
4
Metals Co Ltd
1,590
18%
May 12
Mar
1
18
50
Locomotive.
American
16,703
76%
>
34
'35
163
*162
163
*162
163
163
42% 1
42 Va
43
18%
163 % 4".
162
163
:
-
27%
1
1.8
35
35 Va
40%
,
*148%
.
18
18
19%
*42
-
18%
*17%
19%
35%
"'62%
:•
76%
Am
■'
15%
77
$5
178
14%
76
v"
•18%
*18
18%
18 *4
*176
15
14%
15%
i.
178
*176
178
*176
15%
15 Va
: 77
11%
11%
11%
11%
$6
:
Jan
68% Jan
u:
No par
preferred--——100
American News Cow—-No par
Amer Power & Light—:
—No par
8,000
127%
33 % Apr
6%
1630
•
2%
2%
25
183%. NOV 14
Mach & Metais.—No par
52%
40%
■v
42
41%
2%
,
35%'
■ r
'.
41%
2%
41
19%.
19
*129%
Sep
79% Dec
preferred
Amer
30
133
-
19
Amer
2,900
Jan
,Jan
1,600
V
Jan
27%
15
Mach & Fdy Co—No par
12%
24%
4%
18
61
7%
131
27
Oct
7% Aug
Amer
:
131
*129'/a
130
130
12%
24%
23
25
178
12
14
Jan
20
46
10
i500
:
47
Dec
19% Jun
Jan
10,500
22%
22 %
22%
Nov
8%
6
14
preferred
conv
61
72
Ice.—
American
20,900
v
109%
*108
22
5 %•'
i 120
,
27%
26%
26%
*107%
?
48
*46%
48
Dec
3
__jvr0 par
preferred—-—! 00
Amer Inteniat Corp__
No per
American invest Co of 111—1
•600
8%
*7%
8%
*7%
18%
14
6 % non-cup,
2,200
V"
8%
8%
8%
*46%
12%
11%
pi-eferred——No par
American
Jan
14
Inc—1
Co—10
American Hide-& Leather—
-.1
;
6S conv preferred—
^50
American- Home Products-,1
•900
59%.
18%
*18
.
Sep
15,
Jan
,
54%
15%
is y8
•
Jun
34
23% July
>
.
Oct
86%
170% Jan
American Hawaiian SS
:4,500
,-V,
71
71
69%
8%
25
*176
77
$7
v,!-.' $6
7,000
6%
6%
6%
6%
27%
21%
131
.:500
681a
■■.;••
63
69%
23%
"
76%
1100
:
Lines
Power_-__:_No par
preferred--:
No par
2d preferred A—;--.
No par
87
.
61%
':■>'
a
15%
45%
.
11%"
77
■
45'/a
10,500
61
r.
.
178
176
15%
15%
76%
...
*
178 *-
■
55 3
11%
11%
11%
<76;
47%
8%
2%
53%
55%
55
*
2,000
9
39%
2%
'5%
110%
2%
62 %
"5%
26%
39%
2%
5%
■
31%
Jan
Jan
44 % Dec
126 Va Apr
Amer & Foreign
3,800
*45%
48
2%
60 Va
39%
'%'•■
-
39%
2%
92%
39%
68%
35%
*130
62%
2%
62
-*91V2
39%
70
39%
38 y4
92
38%
'
130
130
4129%
92
*5%
12%
;;'2.5
•
20%
:
12%
24
12V4
20%
4
23%
24%
12 %
20%
European
American Export
li',600
1,300
19%
110%
110
Amer
'800
2%
95%
6%..
48
27%
27
109%
23%
2,200
11%
26%
2%
»
2% "h
Jan
23
7
7% Jan
146,600
*7%
•
48%
*46%
111
*110
8
*7%
:
27%
26%
28 Va
111
'
;'
48
48
4P
■,
27%
8%
11%
26%'
U%
Co
Encaustic
American
■
13%
2% July
Jan
x67
25
8
"Sep
23%
%
14
13
42% Nov
Apr
82
Dec
43% July
..
110% July 17
Dec
stamped
Tuing
Sees—,
No par
Distilling
Amer
1,000
■
95%
■'
47%;
8%
8%
8%
9%
8
3%
96 %
5%
70
71
.
;.
.
31 Va Jari
37V4 Jan
,-10
100
—20
;__1
preferred
,1st
6
v.
29,800
35%.;.,
96%
39
6%
6%„
71
:
6
60
;
100
Fdy-i__—No p«r
preferred—
100
Crystal Sugar---
American
120
■
"69
68
90
1,300
u
' 6%
v
72
9
■•
8%
."
"
IS
-
71
72
,.
•1
% 1
.6
6V4
;;;
Jan
6
4% Dec
..
Chaip & Cable Inc
-.No p*r
■h% conv preferred-—-——100
American Chicie5—-No par
American Colojtype Co.,—
-.10
y 20
;
'*3%
•
26%
2Va
93
*45%
68V4
67%
•
,
1
17%"
24 % Dec
'•
Mar -29
•
Sep
5
16
Am
>'•;;■ :5oo
34%
3%
26%'
20%
...
;'■•".■
107%
*107
34
32
2%
-
5%
47%
*45
47%
68
.
38
5V4
5Va
*
"July
May 17
Car /&
non-cujii
7%
i;ooo
■
14%
rorp
Preferred
American
600
19%
■
'
:
98
19%
39
38 %
-
39%
Jan
46
—50
1
■;.Am Brake .Shoe Co^____--_-No par
oV4% preferred
loo
Amer Cable & Radio Corp
1
-American Can___
„_25
Bosch
'
128
■
107%
*10%
*91%
92%
•
112
*13%
19%
*107
•
27
2%
20%
26%
128
14%
3%
97%
20%
4
i\>
preferred-*
6%
7,700
98%
*110%
112
19%
11%
.
v.','
-
-39%
26 Va
■
■
11%
97%
59%
.98%
•
•
3%
26%
2%.
.
•iu
6
11%
27*%
.' 92% ■
f46
70%
3%
3%
183%
4,300
180
'
*13%
34
31%
'
5 %'
»"
•
.
93
,377'"..'
5%
5%
34 y4
97%.
21
93
37
■1
.
20%
,
94%
.37
.
98 Va
5
26%
26
•
51,400
125%;. 125%
107
107
12 %
26%
19%
19%
■
40
91%
-
3.5%
98%
13%
;
1,400
..
12%
■
*97%
12^
■
13%
•* 2 Va
;
■
■
39%
40%
-99
126
107
•
Jan
12
2
62
(newf;——--5
fttnt-
otiiiK
Araerlcan
•
91%
-
-
183
183
183
,
183%
12%
91%
111%
27
98%.
99
99
>'•%
132%
-
11%
111%
19%
01%
27 Va
*131%
131%
131%
*110%
3%
3%
3%
•V
11%
"26%
Jan
28% Jan
Agricultural Chemical-No par
Aiitcilean
20
45%
26%
..33%
:
44%
26%
14
107
107
*106
107
34%
44
26"%
18%
20-Vb
19
Inc—.—--1
preferred-;-: i-t.—*.
50
Corp—No par
^American' Airdces
'.-V 11,900
18
98%
14
1,500
73%
17%
91%
39%
125%
125%
-
2i%
2i"/a
17%
91%
*182
'
1414
14 V4
-*20
•20% -20%
107
'V
125% 125% '
-
14%
1,300
*72
73 Va
Amer
5,900
44
<
131%
91%
I'M
*1'0
111-
*110
111
.*110
*125% -127%.
17% Apr
pur
Petroleum
Amerada
27 V4
17%
44 Va
Amalgam Leather Co
1,100
44
?: 43%
21
21
26%
26%
26%
43%
99%.
*98%
'
No
16%
97.
-4
40% July
19
share
per
Jan
7->
118
Apr
105
100
6%
C
7
July
103
24
33 Va Apr
nar
preferred-—..
couv
:6 % conv
43'/a
104%
27
27
*72
18%
-
.
■105
11% '• 12%
40%
39%
No
Alpna PorUana Cem_^„
2,000
3%
43
72
;
131%
182%
182
183
,
1,500
104
27
y
21%
72
45%
45%
132%. 133%
11% :: 12 Va
-
*
,
4%
700
23%,
'
.
.
3
.—Wo
Gorp„^_„.
Highest
$
share
per
20
22% Dec
27
'
*103
104
103%
•
17
10%
;
104%
27%
*71
72%
14 Va Jan
96 V4 Jan
Stores
Allts-Chalmers. Mfg
7,400
38
*41%
43%
*41%
43
104%.
21%
*71
o%
113%
4
*3
3%
3%
*41%
43 %
104
200
102%
par
prelerred_„^_,__. ——100
Allied
siiur*.
t per
share
t per
Lowest
-
4
4
*41%.
43
15,600
23%
■1.
',
Par
113%
•
23%
23%
27%
•
43%
21%
-
37%
*113
104%
27%
■
39
3%
3%
43
104 %
37%
113%
23%
23 %
27%
*100%
37V4
113%
23 Vo
23'
*113%
23%
i 04 %
101%
'
Highest
Lowest
Shares
share
21%
38%
113%
23 V4
113%
*41%
21%
101%
102%.
37%
23%
.
*100%
*100%
213%
4
102 %
102%
39 W 39%
39^
39%
22%
the Week
22
21%
22%
21%
t per
$ per share
$ per snare
share
22%
22%
21%
Dec. i I
EXCHANGE.
Range lor Previous
Tear 1943
Range since January J
STOCK
YORK
NEW
Sales for
Friday
Dec. 22
Thursday
Dec. 20
Dec. 19
Dec. 18
Dec. 1(5
STOCKS
,•;•■'
SALE PRICES
Wednesday
LOW AND HIGH
6
5
% Jan
30
Jan
12 Va
Jan
13%
Jan
23 %
Jan
24% Jan
7%
Dec
Nov
25%
Jan
93
Jan
105 Va
Apr
28% July
15%
Sep
47
Sep
19% July
20% Mar
X29
May
33% July
*110
14%
Sep
Sep
33% July
114
Aug
AND HIGH
LOW
Tuesday
Monday
Saturday
Dec. 1ft
Dec. 18
Dec. 16
S
$ per share
S per share
s^are
11%
11%
11%
*11%
11%
11%
11%
11%' '
500
11%
13%
13%
13 %
14
13%
14'/8
13%
14%
14
14%-
13,000
47%
46%
47
46%
47%
46%
47%
43%
47%
47%'
48%
4,600
Bendlx
47%
20
20
20
19%
20
19
19%
19'/a
19%
19%
19%
2,600
Beneficial
19%
*55 y2
'
56
39%
*55%
56
56
56
39%
*55%
*38%
39%
39
39
38%
17%
17%
17%
17%
17%
64%'
17%
65%
17%
64%
*49%
22%
22%
22%
/
14%
14%
14 y2
14%
15
22%
*21%
21%
129%
•129
129
48%.
49
49
23
23
23
14'/a
15
21%
21%
*19%
20
*19%
22%
19%
19%
19%
*107%
109%
*107%
109%
109%
/
*21
19%
*107%
18%
17%
17%
17%
18%
17%
14%
14%
*20%
20%
19%
*19%
19%
*107% 109 y2
*107%
49%
50
49%
49%
49%
96%
96%
*96;
53%
*52% '
53%
53
45%
46
*44
17%
53%
44
,
45
116%
116%
33%
33%
33%
33%
33 Vs.
33%
33
39%
39%
39 Vfj
39%;
5%;
39
39%
38%
*114%
6
5%
6
*42
20
6
42
19%
10%
38
40%
49%
21%
41%
50%
22
21%
•
:
40 Vb
40%
40%
50%
21%
*49 y2
50'/2
20%
20%
21
*47%
48%
*47%
24%
23%
24%
;
13%
13%
13%
23%
23 Vz •-23 Vz
13%
13%
126%
10%
11
76
76%
•
10%
10%
10%
10%
753/4
72%
73%
20 3/4
44'A
20 Vb
47
39%
u
39%
*111
14
7%
8
*77
69
15
68
,
22
20
47
30%
67
24%
24
3%
3%
.
95
96
//•'
•'
7,800
163A
95
15
3
3%
17-
23%
v.".
-
66%
23%
A/.:.
■'/.,■ ■'••■j; 94%
95
*94 %
T/;
23
23
94Vz
22%
:
Vb Jan
56% May
85
Nov
Jun
July
96'AJuJy
51
July
17
Jan
35
Deo
22% Jan
30
Oua
39
July
6
3
34% Dec
3
4i% July 17
26%
Jan
3% Jan
3
3
2%
Jan
6%
3
28'A
Jan
Oct
7
45
3
:
8% Jan
Oct
53
1
Nov
8% Nov
5
12%
Apr
Jan
28
Jan
30%
14
44% Aug 23
50
July 7
20%
Jan
33
Jan
44
53% Oct 23
37%
Jan
44% May
49% Dec
No par
Jan
18'A
Jan
13
Jan
42% July
20 »A July
Jun
24% Dec
6
15
14
Dec
16
Dec
6
104%
Jan
8
8
3
Jan
9% May
43
Nov
54'A Aug
10 Va Apr
3
5% Jan
47% Jan
par
Va
9
7
129
4
8 Va Jan
Jan
Jun
July
29%
% July 1
22
17% Jan
116
—No .par
—1'
Co——
6% Jan
12% July
'77% Dec
4
3
f-
,7% Apr 19
6% Nov
113/iJun29
14% Jan
13
•
10'A May
118% July
18% July
Jan
4
22% Dec
16% Sep
par
—No par 1
19
20% Dec
9
16
Nov
29%
May 12
27% Jan 25.
48 % Dec
19
24 Va
Jan
403/B Nov 30
20%
Jan
35'A July
31'% Jun
May
109% Oct
17
31
107
—100
1
105
1113/B Dec 21
17
Apr
3 •V
15% jun 30
9%
Jan
4
Jan
3
23A
Jan
Jan
6
8'A Dec
83
Dec
19
54
—100
preferred
Nov
39
'
—No
Dec
14'A
45
Jan
27
—100
No
38 «A
20
31
12% July
4
Apr
11V* Nov
21% Aug 25
Wheel—-.—
—
7
-7'A July
39% Jan 16
3%
Oct
117
8
19
100
38% Jan
Sep 21
48
12% Jah
40% Feb
12% Jan
8% Jan
,—10
V
Jan
21% Jan
15%
Jun
6% May
75
May
49
Oct
70% Dec
9
15% Dec
12
5%
Jan
10% July
313A Nov
3
20%
Jan
29%
Nov
5 Va
Apr
:
2% Apr 25
12% Apr 18
Apr
41
4
3% July
2% Jan
8
17% Dec
19
9 Va
Jan
18'A July
3
96
Dec
16
65 Vb
Nov
83%
18
25
Sep
1
16
Jan
25% May
67% Jan
20
,
Apr
8
.
Feb
28
conv
4
,
43% Apr 25
Bldg 7% preferred—100
—--30
preferred
Butte Copper & Zinc——
No par
Byers Co (A M) —
—100
Participating preferred—No par
Byron Jackson Co——
1,400
41
8
Dec
55'A Sep, 29
No par
v
570
'
23
21'A Mar
4
6%
30%
7,000
3VaT
11,800
16%
,
16%
:
Nov
37% Jan
—5
—2.50
Butler Bros—————
10,600
11%
13
Bush Term
430
>
-
600
30%
303/4
i6%
16%
•
-
9
26
•
Burroughs Adding Mach— —No par"
_1
Bush
Terminal—
—
-
Jan
98
40'A Jan
10
f.
66'A
I43/4
*30%
3%
3%
■:•
,
80
*78
-
/
11,900
8Va
•
,
76
4
14% Jan
Bulova Watch—
100
,/
15
94 Vz
24
*23%
67
14%
30%
*30%
17%
24
80
66%
14% •15%
3 Va
16 Va
80
68
67%
68%
16%
96
*95
80%
*78
81
30%
..
'
1
7
19% Nov
No par "
Burlington Mills Corp..—
5% preferred
f
14
8
Co
3,300
113
13%
8%
8
(assented)-100
Airways Inc——
Bullard Co_
*1103/4
13
52% Jun 27
Corp__
1,900
3,900
A. r
47%
'
19% July
12
Oct
34% Jan
(The)—u—
Buffalo Forge
13% Jan
*9% Jan
Jun
Dec
18
—lb
19 3/i Mar
11'A
22% Dec
26
28% Jan
Dec
40
Jan
•6'/8
20
5
109 % May
.Tun
Apr
121% July
Jan
16
19
Jan
—100
<—»
& Maine RR
Budd
500-
'•>,
38 i>' 38%
'
14
13%
855
20 Va
46%
•
/, *77
30%
.
v/
38%
111%
8%
7%
8'A
303/4
3 Va
38%
14
19%
;
11134
13%
15 Va
16%
24%
:
14%
14%
16
96
38%
7,300
22%
T
*22
•
;
47
46%
48%
*111
15%
3%
94Vb
Vz
38%
39%
*30%
30%
3'A
16 Va
/
;i;
tv'ir-..
10
preferred
.preferred——
Budd <E G) Mfg——
/
$5 preferred
—
16,406
5
Dec
88% Apr
46% Jan
45
Stores IncCo
116% Jan
27% Jan
33% Jan
7%
40
/
73% :-733A
'
22%
20
143/4
15
,
22'A
20
•
; v
10%'
10%
.
8,400
'•
1253/4
10...
22%
7%
81
.:
Airplane Co—
—5
Brass——8
class A—i
.-No par
B
.— No
par
Brune-Balke-Collender— —No par
m——<—,—..5
Bucyrus-Erie Co*
—^
1,800
>
13%
*124%
•
,
12% jun
17
69 Vb
Jan
Nov
109
1
14% Mar 14
93% Mar 14
Brown Shoe Co———
3,400
23%
"
4
16
—5
No par
—100
51% Oct
Jan
8%
54
66% July 11
130
Dec 18
Brooklyn Union Gas—
100
1
t
48%;
23%
-13'A
10
93A
10%
i
■
'20 /
,*111
:
126
126
48%
14 ■>,
7%
A'v.
//-.
13% .'>
20%
38%
v
9%
/■;/
22'A
.48
•
68
*77%
81
*68
Ar
.
ii'/a
73/4
10'/a
9%
20%
,
■
14
14%
733/4
*22
20'/2
45%
39%
*111
10%
75%
-
22'A
*22
::
44%
39%
10%
75
10'A
10%
22%
20%
■
10%
*22'A
■}\f"
,r *125
10%
126%
*125%
126%
10% ■ 10%
75 ■<:
76%
126%
126%
/:■
3
Jan
Co-
America——>—15
Bridgeport Brass Co—
No par
Briggs Manufacturing-*
NO par
Brlggs & Stratton
—
No par
Bristol-Myers Co——a5
2,900
21%
*47%
49%
*47%
48%
23%
'
7% Jan
15
Bower Roller Bearing
*
*47%
13%
50
20%
25 ya Aug 30
Boston
7,100
4,900'
,»
40%
*49 y2
-
13%
48%
24%
14
f
37%. ,38%
40%
3
Brewing Corp. of
•10%
10%
10'A
38
*49%
24%-
126%
'
10%
37%
24
16% Jan
Braniff
51%
:
37% Feb
Borg-Warner
6,700
:*
10%
40
13%
■/
*50
-
'
49%
21%
20
2
Borden
100
■w
42 'f-
19%
•
51%
*50
6%
•
*41%
19%
38%
41.
40%
.
6
6
42%
19%
July
115% Feb
4%%
4,700
2,200
2,300
•v.
-
10%
38'A
*48'%
49%-
39%
37%
10%
38%
24%
*48
33%
39%
v
38%
*41%
51%
*50
51%
*50
52
•; io%
22%
21% '
33'A
Bond
200
43
38
Feb
22%
4
Class
// 1,700
'
50%
42
41%
*48%
t
115%
42%
21
56 'A Jan
Ami Co
Bon
180
f
115%
33%
■
*5%
42
19%
38%
,
33
6'A
6'%
10%
10%
39%
38%
19%
19%
20
*50
52
10%
38%
38%
42 v2
*53
54
117 ■/>'
*114%
6
oo
i^p
Nov
No par
Bohn Aluminum &
1,800
96%
43%'
42
*42
42%
19%
20%
*50
.
*42
42%.
49'A
y
173*
57
41% Oct
Boeing
22,900
y
18%
49
*95
54
117 <
33'A
*114%
117
*114%
■if:r ' 120.
13% Mar
54%
20% July 15
Laughlin Inc—*,
Apr
11
24
28
Bloomingdale Brothers—
Blumenthal & Co preferred
20% Mar
39%
20% Dec
20
Bliss &
11% July
Deo
Nov
56% Jan
53% Nov 3Q.
-No par
No par
t per s'irre
Nov
9Va
33
15% Jan
Blaw-Knox
21,800
200
96'A
*53
44
45%
116%
44%
18%
•:
■
;■
'
53%
53
/;■
49%
*95
96%
96%
96%
■■H
18% 1
49 '/a
49%
96%
«
4
33% Jan
BIgelow-Sanf Carp Inc—
Black & Decker Mfg Co
700
109 %
18%
49%
53%
;
14%
91
19%
109'%
:•%
.
1,400
14%
17%
:
,■
23%
11
4
Jan
9Ve
6
15% Jan
49% Dec
preferred—.-100
-No par
7%
700
49
17
Highest
$ per share
1
—
Bethlehem Steel (Del)—.,
•19,700
V 129
129
48%
<: 23. v
>■"
5
25
13
—
July
13
3
10% Apr
Loan
Foods
Best
8,400
64%
91
*19%
49%
96%
.
63%
48%
•
14%
7
64
63%
65%
22%
*21%
*108%
•
lOVaJan
-No par
Pr pfd $2.50 dlv series '38JVo par
Best <$z Co-.
——
No par
'1,700
18 % •"18%:
22%
49%
22%
; v,
18%
129%
129%
*48%
22%
149 %
49%
129%
4.9%
130
130
129% 129%
39%
38%
17%
Aviation
Indus
share
33 Vz Jan
—No par
i
Corp
Aircraft
t per share
—i.
Belding-Heminway
Bell
ioo
: y
56
■
38%
38%
38%
118
63%
65 Vb
64
64%
*55
56
*55
56
*11%
t per
Far
$ per
Lowest
Lowest
Shares
share
y per
per share
Year 1943
Range since January 1
Highest
STOCK
EXCHANGE
the Week
U
Dec.
Dec. 21
NEW YORK
Sales for
Friday
Thursday
14
13%
Range for Previous
STOCKS
SALE PRICES
Wednesday
Dec. 20
11 %
$ per share
*11%
276:3
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4345
160
Volume
Apr
G
'
*27%
27%
28
*56
57%
i
1
7%
7%
7%
7%
7%
7
7'/a
*20%
20 3/4
20%
203/4
20
20'A
30%
30 Va
30%
46%
46%
11%
11%
30%
30%
30%
30%
30%
30%
30
47
47
46%
47%
47 %
47 %
'*46%
11%
12'/8
*48%*
50
*11%
11%
11%
54
54'A
•54
118%
118
118%
32%
32
32
*48%
54
20%
118
118%
37
36%
*149
,
50%
37%
v
36
150
150
49%
51
37%
38%
104%
104
104
*18%
4
20%
118%
118%
*1173/4
32%
32%
32%
32%
32%.
20%
20 3/4
20%
20%
20%
62
62
19
19
4%
111%
111%
*111 Va
112
11%
27%
*11 %
11%
*11%
33%
33%
32'/a
7'/a
6%
7
,
27%
36%
3,800
Celanese Corp of Amer
105%
106
106
"
1,100
127%.
1273A
1273/4
130
14%
3,300
350
■
13%
*18%
*111 Va
112
12'A
27
27%
113/4
*11%
*11%
31
V:,
31%
i
6%
*22%
22%
22%
30%
29%
29%
29
114%
*113
22%
29%
29%
30
114%
113
113%
*113
*41
42
*13%
14%
*14
14%
49%
7
7%
7y8
6%
16%
15%
16 Vb
15%
16%
6%
6%
6%
6%
6%
24'a
24%
X233/4
y
7%
•
.!
23%
24%
*
243A
'V
14%
14
14
50%
49%
6%
6%
16% y
16
'
24%
243A
7
18,600
7%
12,200
16'/a
16
24
200
14%
7
:.-y
7
24
23%
60
50
49%
/"
16
16
7
7%
;
400
300
41%
*14
49%
7%
'
10,900
7%
24%
42,300
13,800
25%
17,800
563A
54%
56%
55'/a
553/4
553/4
563A
16,600
*20%
21%
21
21
21
21%
"21'/a
21
21%
21%
*20%
20%
19%
20%
20
19%
20%
20
*48%
49%
*48%
49%
*55%
56
56
56
15%
15%
15%
43/4
4%
43/4
4%
4%
*27%
28%
*27%
28 %
28
28
91'A
90'A
90%
903/8
90%
*15%
16%
16%
4%
4%
4%
20%
*48%
493A
*483A
493A
55%
*553/8
56
55
15% ^15%
163/a
16%
15%
15%
15
16%
17
16%
4%
'19%
55%
16%
20%
20
//
29%
92
29%
29%
*28
283/4
93
*28%
91 y8
91%
91
9 l'/a
*20%
21
21
30%
31
30%
21
20%
■■V. 31
31
Vb
95'/a
*93%
95%
10%
10 %
10%
51
51
10%
50
*160
175
*88
94
95
4%
*107%
95
*53 Vb
95%
48 3A
175
*160
175
94
*87
94
*110
110%
*110
110%
95%
10
-*10%
10 %
3,500
y 47
900
47
48
47
*165
175
*160
175
*160
175
*90
94
*88
94
*88
94
110
110
47 Va
110%
*110
47'A
*110
44
111
y
20
44%
1,000
108%
50
43%
43%
*43%
*107%
108%
*107%
93%
93%
66
*93%
95
*93%
95
*93%
95
*93%
95
*53%
56%
*54
56%
*54
56%
*54
56%
33%
*36 3/4
34
4.800
373%
1.500
y
*53 Va
34%
34%
34
34%
37
37
155
*152
156
*134%
136%
*134%
136%
*134
136
62%
62'A
62%
63
31%-.
3 l'/a
31%
37%
107
107
35
115%
37%
*62%
107
*106%
34%
34%
*112% 115
23%
22%
31%
23%
63
,
36%
36%
156
*152
134% 135%
34
33%
36%
36%
*107%
,
155
134
63
31%
31%
.
.
*152
107
*31%
*133%
135
*62%
107
33%
107
34~,
•112% 115
24%
23%
24%
27%
26%
26'A
25%
25 %
25 3/4
26% '
26
27%
27%
25%
27%
26%
27%
25%
27 Va
*106%
33%
20
63
63
107
33%
*112% 115
23 Va.
23%
400
300
32%
32
60
*106% 107
•34
34
3.80Q
"
1.500
14,600
273/a
28
27%
28'A
3.440
26%
27%
27%
273A
4,000
24%
24%
24%
24%
243/4
23%
24%
24%
24%
243A
253/4
2.040
24%
35%
35
35%
35
35
35
35%
343A
35
35
35 3%
3,800
*34%
35%
35%
343A
34 3%
34%
34%
34%
35
For
footnotes
35%
see page
2771.
*34%
700
*85
Jan
97% Dec
31 % May
Oct
33
19
18% Oct 27
22% Dec
56% Nov
9
Dec
4
5% Oct
17
3%
Jan
Apr 19
39
Mar 16
32'/a
Dec
143% July 12
151
May 13
127%
Jan
12
54
July 10
24
40 Ya Jan
24
44 % Jan
31% Apr
—
120%
23
Nov 27
4% July
2% Jan 13
31
114
8% Apr 22
15
107
Jan
5
15
Mar 20
Sep
19
15
30% Feb
15
37% Jan
4% Apr
19
9
1
134
57
May
12
Jan
143/4 Apr
Nov
21
16%
Jan
1% Jan
97% Jan
3
Jan
25
Jan
4
*33
Jan
3
Jan
27
Nov 21
32% Jan
Dec
16
16% Nov
8
23
Aug
18%
Jan
3
v
Jun
Jun
3% Mar
13
31'A Dec
17% Apr 13
23%
1
NOV
July
111
29
28% Nov
<7% Jan
Sep
8'A
16 %
Jun
Dec
8% Nov
41
Apr
7%
Jun
72% Oct
19 %
Apr
Dec
27% Jan
4
18
46% July 10
14 V'Dec 11
50% Dec 16
8%
Jan
34
July
333/4
jan*
50
July
2%
—5
50
50
par
3
—-5
No par
,—50
No par
No par
100
No par
No par
No par
Southern——..—100
4% non-cum 1st preferred—10O
4% non-cum 2nd preferred—100
Columbia Br'd Sys Inc cl A—2.50
Class B
2.50
&
Feb
96 Va
24
preferred———100
Corp..,
19
5
July 11
109
Colgate-Palmolive-Peet_
No par
$4.25 preferred——~—No par
Collins & Aikman-——
No par
Colo Fuel & Irori
Jun
Jan
Graph Bronze Co (The)—1
preferred—.
—100
Clev & Pitts RR Co 7% gtd—w50
-—_—
July
40%
Jan
5%
(The)—
54 Vz
Jan
18
Clev
—
Nov
263/4
99 3%
—100
Special gtd 4% stock
Molybdenum—.—j
Cluett Peabody & Co—
Dec
40
114% July 13
-a
Climax
5 % Apr
393/4 Dec
147
4
—
preferred—
Jan
15
Jan
25'A
2
65
3
23
El Ilium $4.50 pfd
Colorado
46% July
Dec 15
119
Jan
Equipment
No par
C. & St. Louis Ry. Co.—100
conv
Jan
Jan
West RR Co.
Corp
A
40
23
-i*.—
Stores——
5%
*112% 115 /
25 3A
23 %
35%
*34%
—
Copper Co
Class
6
Apr
20
108
.No
Coca-Cola Co
27% Jun
9%
54% Dec
.No par
—>^m,M^40
Preferred
156
134%
*152
63
623/4
•
'
31%
34%
34%
*112% 115
23%
34
333/4
44
-No par
City Ice & Fuel
———No par
City Investing Co new——No par
5%% preferred—-1————100
Clev
4
16
——100
Co—
5%
5 %
*107%
108%
—1
100
A
Chicago Great
Clark
Jan
97
Dec
Mar
11% Dec
2
Chesapeake Corp of Va..—
25
Chesapeake & Ohio Ry—,
—No par
Chic & East 111 RR Co
City
Jan
4
11% May
47% July
19% July
5
Chile
Jan
4%
43'A Jan
,
38
Feb
3
No par
Copper^.
preferred
Chrysler
36 %
4
10
Jan
6%
Jan
Products--
Checker Cab Mfg
C. O.
-
43'A
*152
23
*93
10%
107%
37%
34'/a
31%
95%
■10%
203A
43%
155
*112%
1,100
2,360
20%
30
107%
43
*152
3i.y8
107
30
12,000
108%
43
34%
37 3a
10%
10 Va
43/4
20%
*93
*48
56
34%
*93
10%
800
30
30
*88
109
*93%
31%
95%
30%
50
43
43
10%
20%
140
15
16%
163A
*20%
20%
30
54 3A
*14%
15
*16%
20%
*160
110%
*110
*93
90
,y
493/4
54%
553/a
'
1,300
*48 3A
493A
*483/4
1,100
'51% July 14
Jan/
29 %
17
43/4
24%
543/4
21%
3
83/a
42% Apr
6% Feb
18
12% July 12
22
tChilds Co
26'A
55 Va
21%
47% Dec
27%
Dec
2,300
25
553/a
7
Apr
193/4 Apr
Jan
15% Jun 27
1,600
25%
57'A
333A Jan
Mar
13%
106
preferred
Champion Pap & Fib
Class
21% July 10
31% Sep
5
20% Apr
Chain Belt Co_
6%
8
129% NOV
163A
25%,
25aA
26%;
25%
24%
26
26 y
6% prior
XL)3/* NOV
3
9
preferred——*
Chicago & Northwest'n wl.-No par
,-100
5% preferred wl—
-8
Chicago Mail Order Co—
-No par
Chicago Pneumat Tool-:
$3 conv preferred—*— .No par
Pr pf ($2.50) cum div— .No par
.No par
Chicago Yellow Cab——
Chickasha Cotton Oil—— .——10
56%
'
Certain-teed
;
1,400
114
*40%
6%
6 3A
•:
29%
*113
41
y
22%
29%
114
:
1,070
Cerro de Pasco
6,300
12,400
*22%
22%
29
49%
*14
503/a
49%
:•■:,
6%
41
41
41
14%
*14%
50%
*113
41
41
6%
32
6%
126
May
23 % Feb
3
No par j
Century Ribbon Mills
127%
31'A
•y';
6%
9'A
2
Central Violeta Sugar Co.
127%
yy
Dec
Jan
—100
tCent RR of New Jersey.*
1,200
31%
3 l'/a
127 Va
7
23
*22%
30
43
5,400.
113/4
6'/a
Jan
Foundry
ll3/4
*11'A
9
13
11
No par
Co—
1
Central 111 Lt 4%% preferred—100
Central
277/a
113/4
1% Mar
73/a Ded
96% Jun
Central Aguirre Assoc—
20
56
Jan
20
3,500
112
.273/4
30% July
jun
%
113
.
5,500
:
Jan
52 3/4
28
57
No par
Celotex Corp—
5%. preferred
22%
24
1 'A Jun
30% July
•y
—100
$4.75 1st preferred—
2d preferred
j'y 11%
27%
127%
6%
127
*22%
23
113
-
4%
No par
No par
No par
7%
y
11%
*27
19%
*111%
112
11%
11%
.yy
4'/«
20%
43/a
20%
4 Va,
128
29%
113
19
20 Va
19 Va
20'A
127%
129
*41
14
14
43/a
112
37%
36%
■
22%
6%
Caterpillar Tractor
19%
7
6%
128%
16
3,500
20%
32%
32
130
50%
170
48 %
4'A
11%
128%
50
152'A
48'A
20%
27%
*11%
*150%
5
Nov
4
3
15% Jan
4
100
48 3/i
*126%
6
33
—
1
3A Jan
25
152%
*18%
113/4
Preferred
24% Jan
533A Feb 24
:—-1
Co
(J I)
105%
37%
104% y
——-50
—
Case
48%
363/a
■■■
112
11%
11'A
27%.
11%
32%
7%
preferred
Carriers & General Corp
2,800
;
*150%
y:
48 3/4
36%
104%
20%
4 3/8
43/a
150
4% %
:
4,700
5%
36%
36
36'A
200
63
5%
5%
y
35
*126% 1273/4
14%
:14 A
19
20%
43/o
20%
4%
27%
.
14%
14%
18%
11%
u
127%
;
105
127
20%
27%
y
37%
37
104%
105
-
48%
49%
48%
49%
37%
150
150
150
150
5
1,300
3,800
*61
63
*61
36
35%
36%
36
36%
'
53/a
5
/
5%
5%
1183/4
118
63
*62
y
5%
19
11%
840
118%
32%
20%
20%
4%
•111
*53'/a
210
'
par
class A 1
$3
—10
Carolina Clinch & Ohio Ry—100
Carpenter Steel Co——
5
Carrier Corp
^——.**;
—10
Administration
preferred A—L
Capital
500
55
No
Mills———
Cannon
10%
32%
*127% 127%
14%
14%
127
127
14%
14%
v
>
31,500
50
10%
55
360
-11%
11%
lOVa
3,400
•<
20%
63
5%
48
par
_5Q
I
_5
Campbell W & C Fdy.^
No par
Canada Dry Ginger Ale—_——5
Canada Southern Ry Co
100
Canadian Pacific Ry——
—25
2,600
30%
*48 Va
5o
*53%
54%
54%
54%
21
63
5%
10%
13,800
20
;
;V 32%
118%
32%
21%
5%
*43 7Z
11
V/b
20
'
54
65
21
*63%
:•
11
/
1
1 Vb
l '
50
*48%
:
11%
*11
11%
50
12%
11%
12%
11%
11%
50
'
■'
lyyy yy
1 y
20%
11%
7%
*46'/a
yy
v 1
21
*48%
l'/a
30%
49
■;
y
56
yy 56 y
57%
*56
1,400
'/>- 60
6,600
27%
26%
27
*56
57%
*56
57%
26%
273/a
26%
273A
27%
yy
.-7'-: l-'y- l'/a
7'/a
7%
20%
20%
l'/a
/'./'• 7%
27%
57'A
*56
Packing
—
No
5 %
preferred
Callahan Zinc-Lead——
Calumet & Hecla Cons Copper
California
11
Feb
44
Apr 19
5% Sep
14
9 Va Mar 25
11% Jan
3
18% Mar 25
4% Jan
3
Jan
7% Mar 22
July
Jan
9% May
7% Jan
2% Jan
17 Vb May
10%
Jan
4
253/e Mar 22
21% Apr 25
43% Sep 14
15% Feb 24
65'/a July 13
16 Va Jan
213/8 July 12
15%
49% NOV 10
57
Nov
9
36% Nov
19'/4 July 10
17'/aJun 23
11% Jan
13% Jan
7% May
21% Jun
303A Nov 28
18
21% Dec
3
383A Jan
47
Jan
13
Jan
14% May
6% Oct 25
1% Jan
143/4 Jan
5
6% Jan
12
35% Feb 17
Jan
7
76
Jan
3
110
Nov
6
37% Apr 20
106
92
Dec
Dec
10% Jan
.
3
31% Dec 12
'96% Oct 26
;■
10% Jan 10
51
Dec
185
16
Jun
90
22
Jun
5
115% Jan
45'A Jun
109
16
Jan
2% Jan
32% Nov
123
Mar
67
Feb
July 11
145
Feb
18
152
111
Feb
26
146% July 11
143/4 Apr 19
50
Feb
88
Jan
74%
Dec
Jun
54
Sep
48% Mar
40
153
123
July
Sep
July
61
Dec
16%
Jan
7
38
Sep
1
114% Oct 27
25% Dec 22
*103%
Deo
109 y4 July
17%
Jan
Jan
28% July
114% Oct
13% Nov
19% July
108
28% Dec
22
2%
Jan
12% Jan
4
273/4 Dec
16
3%
Jan
Jan
4
253/4 Dec 22
3
Jan
26 'A Jan
4
353/4 Dec
25% Jan
4
35
13
8% Jun
39'A July
145
67% Jun
1
32'A Dec 22
108% Jtn
3
11% Jan
153A Aug
42% Dec
108% Dec
92% Sep
Jan
33% Jan
142
May
253A Apr 25
85% July
283A Jan
84
39% July 12
109 % Feb 29
Jun
Apr
101V4 Jan
34% Apr 20
2
32 Va
19
33% Nov
59% July 17
23% Jan
6
Apr
33/4 May
12
Aug 11
53% Oct 17
38% Mar 15
103% Mar
153/4
18
116% Aug
3
30% May
Dec
Apr
41% May
54
May
109% Jan
3
96
52% Mar 22
22
24% Jan
67% Jan
Mar 27
Jun
1
16%
Jan
25 Va July
.
9
148
48
Jan
5
98% Jun 19
25% Nov 16
Nov
6
July
30
May 29
773A Feb
7
24
05
15
Dec
12
12
15%
Jan
15% Jan
68% Oct
25
Dec
19
Sep
19% Sep
"17%
Sep
26% Deo
26%
Dec
THE
2764
Dec. J8
Tuesday
Dec. 1(»
z
t per snare
per
y
snare
"
96
92%
22%
49%
.38V2
22
*1061/2
44
.
*106%
48
38%
*106%
*106%
107%
26
16%
U'
95%
95%
28%
28%
28%
29
241/4
27%
24%
24%
27%
*28%
26%
26
-29
;•%
107%
107%
107%
12.
11%
11%
.
23%
.23%
28
28
28%
28%
283/j
29
28%
28%
28%
233/4
102%
102%
..
3%
•
108%
313/4
31%
181/8
19
18%
•
•
-
25
21%
21%
23%
53%
'
-
.•
.21%
-25%
,21%
>.
52
*51
*109%.. 110%
,-.1)0%
,29%
•110%
110%
291/4
291/4
29%
38
10%
■;,
491%
91/4
•
*110%
373/a
10%.
10%
48%
48%
8%
31%
*46
20%
21
55%
56
55%
*28%
163/b
15%
16%
46%
60
59%
■
59%
*55
59%
6%
6
3%
*182
6%
6
6Va
33/8
3%
3%
26%
26%
26%
26%
253/4
108%
108%
108%
108%
24%
24%
29%
29%
29%
37%
37%
*22%
22%
103%
■
103%
,103%
104
28%
16%
16%
*88
A 273/4
89%
88%
*27%
273A
16%
16%
17%
5%
5%
30%
*101
9%
i
*106
107%
•>■
9%
9%
293A
*106
107%
-
"
'25%:
*29%
:•
107%
9%
*106
130
130
130
•••;
601/4
60%
61%
60%
5%
5%
534
5%
5%
17%
17%
173A
17%
17%
18
*123%
130
60
'•::
130
*1231/4
-/'
26%
26%
*123 %
130
'27
27%
130
5%
17%
V:
5%
*123%
6,100
12%
*12%
*23
;
3,700
123/4
253/8
'
•
130
427%
27%
12%
••'.:
-
.
16
% Feb 1.': 1
79
Jan
1 %
3*
July 13
Jan
Sep
Jun
July
1% May
Dec
July
11
21% Jan
27
28% Dec
17%
Jan
25
Jun
20% Jan
10
31
Dec
10%
Jan
24%
Nov
95% Jun
23
103
Dec
Pow
$4^50 pfd
No
3% Feb
17
3%
25% Oct
15%
Jan
15
108% Oct
91%
Jan
2% Jan
16% Jan
(•
7% Jan
24
5ft
Oct
Nov
21% Mar
25% Dec
22
17%
Nov
27 % Mar
23% Nov
30
4%
Jan
16
Aug
Dec
19
7
Jan
18%
Dec
53% Dec
18
333A
Jan
47%
Nov
22
89
Jan
293/a Dec
16
16
Jan
233A
Jun
x43/a
Jan
11%
Jun
96
Jan
110%
26%
Jan
36%
Jun
Jan
15%
Jun
49%
Sep
24
Jan
112
Feb.15
73/4 Oct
32 % Feb
10
10
30
105 % May
Mar 10
112% Aug 31
5
•43% Jun
10
27
13% Mar 16
May 24
41% Jun
49% Dec
16
7
18
107
Dec
Oct
Sep
40%
Jan
5% Jan
3
9'A Dec
4%
Jan
7% May
26% Sep
14
33% Jan
25 %
Jan
i9
31% Dec
IS3/*
Jan
373/8 July
273A July
24 % Apr
12% Aug 12
19% July
38% Feb
29
47% Dec
103/4 Jan
4
47
13% July
10
52 % Apr
28
173 % Apr
29
Jan
53
Dec
Dec
11
61% Oct
7
57
6
18 3/4 Feb
15
Jan
13%
37
5
273A Jun
7
20
Jan
Dec
47
Apr
61% May
1863A
Sep
Jan
6
May
U
Jan
2 %
May
14%
Jan
223/a July
95
Jan
16%
28
Oct
3
111
25% July 11
29% Dec
9
3
Jan
'
Apr
Aug
17% Aug
2%
Jan
108% Aug
23% Mar
Jan
23 % July
Aug 18
-
20
Jan
53%
173
184 3A "July 10
7'A July 6
3
104% Jan
Jan
45
July 31
25% July 12
3
1% Jan
5
*9%
52
Mar 20
15% Jan
44 % Jan
2
par
16% Jan
3
No
par
27% Feb
1
39
Aug 21
183/a
Jan
31
Oct
par
5
45
Jan
3
37%
Jan
47
Oct
15% Feb
9
49% Aug 29
22% Dec 15
11%
Jan
17
Oct
99% Aug
38
July
82% luly
.No
Corp.
•
97% Jan 20
..No par
preferred
.No par
28
:
Jan
69
—
Jan
Jan
22
27%
Dec
4
89% Dec
3
29% Dec
1
9%
Jan
10
17 % Dec
20
7%
Jan
112
.
.No par
25
18
22% Jan
-
Jan
22% Jan
30
•—...
4
101
97
41
_
4
144
1
A
300
pfd.
.No
Cutler-Hammer Inc——
par
'
Nov
105
1
Feb
22% Aug
14% Jun
115%
Dec
10%
Jan
253A
Oct
20
18
Jan
26%
Jun
109% Nov 12
100
Jan
11% Aug 31
140
'
1%
24
6
7% Nov
14 3A Jun
9
Jan
30%
Jan
17
July 11
Apr
21 %
X66
30% Dec
61% Dec
114% May 20
16
29% Mar 15
Aug 25
Apr 25
Dec
43A Jun
par
—•
'Cuehman's Sons Tnc 7ft
Jan
5 %
No par
No
™
Curtiss-Wright
81 %
11% Feb
Inc
preferred
Prior preferred
4
37% Nov
4
Dec
20% Jan
100
$7
105
9
10
Sugar
preferred
.
100
preferred-.;-™——
preferred
Class
Sep
Nov
9%
,
.No
(The),
Curtis Pub Co (The)
■v
8
'29%
24%
20
,100
preferred
4%ft
19% May
Feb
22
102% Jan
par
1
1
preferred
Cudahy Packing Co
4
Jan
2%
45
25
Press
3% May
7%
19% Dec
25
RR 6%
Cuneo
Jan
16
30% Nov
100
Zelierbach
July
13% July 19
32aA Oct
4
3
12
Jan
%
Apr
24% July
105
12
Aug
143/s Jun
No par
(The)
6% Jun
5
13
.
6%
'■
18 % Jan
1
5
Cork <te Seal
conv
43/4 July
Jun
11% Jan
100
20
_5
_$2.50
preferred
r-
Dec
23
No par
Co
$2.25
26
21% Feb
20
Products Refining
conv
,
102% Jan
15
7ft
33,000
/•;•
Jan
Jan
3,600
18%
*27%
27%
28%
60
9%
16
2%
400
>
18% Jun
4
Cuba
16,700
130%
60
60%
5%
T30%
18
Jun
Dec
Cuban-American
—J
9%
9
9%
130%
44'A
23
Crucible Steel of Amer
500
107% A
Jan
8% Feb
$5
1,700
31
29 3/fl
No par
Crown
—
25%
29%
50% July 15
July
■
27
Crown
.
25%
130%
9%
.
—
15
40% Feb
14% Apr
41
44
82
Crosley Corp
11,500
—
107%
Jan
V
1,810
17%
*139%
.
Jan
Jan
400
27%
Jan
104%
21%
5ft
11,200
>
Jan
25%
16
108
36%
360
:
8834
v
16 3A
>•'
vSl P>^
35%
27%
16%
—
►-» O CO
30%
19
11
13
Edison Co
Cream of Wheat Corp
3,400
22%
15
Oct
3
Feb
19
'
*129%
18
'■•r 261%
26%
*25
25%
30%
5%
.
*123%
130
25
31
60%
17%
1 •
*139'A
200
*88
88%
283/4
*139%
49
49% Dec
43 % Jun
37% Jan
105
29 % Nov
Crane
1.400
34%
35
27%
26
9%
130
60%
18%
*26%
34%
251/2
107V2
9%
; 129
60
*123%
353A
*30i/e
31
25
Inc
Coty Internat Corp
4,100
103%
103%
*88%
17
16%
26%
*106
9%
130%
5%
103%
'
*1391/4
26
107%
18%
103%
341/4
28%
16%
39 % Jan
No par
No par
10
-
9
95% Dec
740
37
-22
22
21%
103%
.
893/4
28%
7
Coty
1,100
36%
49
*47
22 Vs
22
35%
89%
*30%
30%
60
473A
35%
*1391/4
9%
473A
103%
35
Dec
Preferred
10,000
v/:
28% •*28%
'•'/ *47
■
'
26%
130
36%
89%
16%
*139y4
*106
28%
36%
271/2
•••
•89%
28%
30%
28
37%
35
89%
26%
293/a
36%
22
22
22%
■
*103%
36
35%
01
243/4
29
48
*47 3/4
48
48
48%
*48
23
■
24%'
*24
24%
x24 %
243/4
'*.37%
108 34
24
3
Corn
2,000
"25%
16% Apr
•
3
60
2,500
25%
109
109
29%
29%
38%
2,200
3%
•
108%
25%
480
55%
1823/4
6
3 3/8
3%
2,500
59 "
"
6
6%
38
243/4
24%'
24%
38%
1823/4
2,800
20%
55%
58%
59%
25%
24%
*
55%
6
108%
29%
>
123/4
*3%
26%
108%
109
,
3%
760
50%
183
182%
182 3A
3%
26%
26%
109
58%
183%
6
3%
3%
55%
59i%
*182
182'%
'
*6
55%
*6
1821/4
184
*182
553/4
593/4
12
20%
15
Cooper-Bessemer Corp
No par
$3 prior preferred
___No par
Copperweld Steel Co
5
Conv pref 5%
series™.
50
Cornell-Dubilier Electric Corp
1
Corn Exch Bank Trust Co
20
1,000
■
98% Dec
Continental Steel Corp
300
29
*49
20
20 '
9,700
31%
11%
*49
20%
52,800
9
>
50%
113/4
12%
50%
19%
46%
*45%
46%
12
21
55
591/2
46%
*49
12%
48..8%
:•
;
.
1,800
46%
20%
55%
59%
48%
29%
50
*49
20%
20%
■h
,48
19 % July
14
•
8% preferred
Continental Can Inc
Continental Diamond Fibre
Continental Insurance™,
Continental Motors,
Continental Oil of Del
7,000
5,900
Jan
/Feb
Container Corp of America
300
v
11%
Jl%
*153/4
153/4
47
12%
12%
!
*28%
16%
50%
•"'.
16%
8%
•
.
29
*16
46%
11%
29
*28
16%
12%
V
98% July
84
4 Continental Baking Co__
6,800
.
.
*273/4
31%
29%
*49
•
31%
16%
*451/2
110%
8%
31%
12%
v
31%
29%
50%
/ 1,800
83/4
17
47
28% •28%
8% _y8%
*109% 110%
Vf.7'37% :,37%
-;••
Jan
21
243/4 Jan
Consumers
170
•"
48
30%
,
1,100
110%
110
.*•..'.,37% ;,37%
7; 10%
24,400.
4
53%
;
Oct
79%
Feb
Consolidated Vultee Aircraft——1
; $1.25
conv pfd_
—_—No pur
Consol RR of Cuba 6% pfd
100
Consolidation Coal Co
—25
$2.50 preferred
r_
50
6,300
22
:22%
31%
32 %
12%
10%
v.
*52%
53>/a.
v,8%;
110%
;
25%
48%
16%
46%
<
25%
2,600
22%
v
73
93
,-Consolidated Natural Gas
5,700
35,700
21%
•>/..
28%
83/a
8%
38 /
.•;.,•
21%
110
27%
29
3,400
19%
19%
3!
30
*49
*109%
110%
111
"
2,600
-
31%
9'
31%
.
53%
12
31% -31%
.
22%
;
29
12
25%
:
1,800
5%
5 %
28%
32
48%
;•
8%
8%
37%
,105/rfS
21%
53
29
ill;
25%
'■22%
•
1,000
108%
*107%
31%
31%
""18% ■19%
22%
23
110%
291/4
37%
8%
9%
-i
10%
T
■
38%
48%
10% r:10%
49%
*48%
9
111:
>
37%
?
,
-
25%.
22
.
111
'
,"8%
v
111
111
111
37%
#90
.
8%
8%'
8%
8%r,
*110'/a
53%
19
53
24
53
•
32.;
.'
24%
Jan
7
Consol Coppermines Corp
5
Con sol Edison qf N Y__
No par
,
$5 preferred™^.
—No par
Consol Film Industries—
1
<
$2 partic preferred
No par
Consol Laundries Corp_
___5
.12,600
'27,400
*
Sep
37
Feb
Congoleum-Nalrn Inc—
No par
Consolidated Cigar,™———„No par
$4A5 preferred
—J—L
No par
,
385
3% .1' 3%
'
"• A
600
Jun
77%
70
Conde Nast Pub Iiic
5,700
;
-102
24 Vs
12
181/4
.
22%
20%
?
102
29
12
; ,.31%
:
25%
25%
25 %
21%
21%
28
12
V
i
:
5%
Jan
_25
Commonwealth
11,100
400
29
,
Jan
12
par
share
1%
40 %
97% Dec
No
:
Highest
$ per
6
3
$6 preferred seiies„„_—No par
4,300
;
»'■ 24
28%
5%
5%
28%
'
,
*5 %
5%
.11%
12%
50,100
.
>•
29
»
7,500
,
V
28%
108
/
hi.
28%
■
■*■23
24%'
108
108 %
28%
.
T
94%
;-93%
-■
•
24
*,
.•
.
r
102%
3%
3%-
28 %
5%
12%
."
33/4
243/4'
:4\ 24%
108
28 %
32
•
\h\
102
"
21%
20%
24
5%
31%
25%
21%
24
12%
52
25
28%'.
28%
17%
32
31%
'18
•"18%
•14
'94%
3%
V:
5'A
29
/■
29
%
29
51/4
5%
*514
29
^s:V;15% •'..15%
28 3/4
24%
108
•
share
5% Mar
27
$ per share
Jan
4% ft. conv preferred—:
100
' Comra'l Invest Trust™™
No par
Commercial Solvents
__
No par
Commonwealth & Sautherp__.No par
10,700
$ per
76
Columbia Pictures
j
V/?i06% 107%'
15%,.. ,15%.
,
94%
-
"
Co
Carbon
3% Nov
Lowest
Highest
No par
100
100
1
$2.75 preferred
Commercial Credit
7,300
w-•
41% '41%
28% •?
%
94%
*28%
3¥4
•
38%
41%.
-41%
15%
11
.Iff,
953/4
24%
•
3%
24%
3%
42%
'*1Q6%V 107%'.;
'
95%
V
103
,*102
24%
-
25
107'A
>
103
102%
:
3% ../ 3%
24%
•'••
29
*28%
.
102%
102
16
*24%
24%
v
;
43%
15%
V
'
24%
41%
15%
42%
■
95
t
,
28% .29
29
107%
;
200
48
38%
•
39
2,500
213/8
21%
*47
49
38%
Columbian
300
Lowest
t per share
Par
preferred
5%
110
98
-
v
Columbia Gas & Elec
6ft preferred series A
1.100
Year 1943
Range since January 1
;
v
7
•
57,900
-
88
98
21% ■!
21%
*47
,■
97%
88
99
*98
48
38%
22%
15%
.'.r
95
94%
:.
21%
49%
39
43%
•43
' .44%
15%. 16%
.:■'■%
ltf
;■
21%
49%
38%
108%
37%
108%
*22
49%
*48
38
*97%
93
4%
ii-V/.' 4%
.;t,
96
93
98%
38%
22
*48
98%
22%
*97%
98%
*97%
4%
96%
91%
98%
£8%
4
:
Range for Previous
STOCK
EXCHANGE
Shares
" I per share
*96
96
91%
•;
93%.*
*91%
93%
*91%
4%
4
96
96
96
96
96
96 '/a
921/2
4%
4
4'A
4%
4i/4
4
V t
NEW YORK
■
the Week
Dec. 22
$ per share
snare
$ per
•
Sales for
Friday
Dec. 21
Dec. 20 v
per <nare
7
STOCKS
Thursday
Wednesday
*'
Dec. 19
y
PRICES
SALE
"AND HIGH
LOW
Monday
Saturday
Monday, December 25, 1944
COMMERCIAL & FINANCIAL CHRONICLE
Jan
20
10
5%
Dec
19'A Nov. 10
14%
Nov
127
Nov
7
28 % Dec
Apr .28
•96
20
107
Oct
7% May
116
45%
9 %
Dec
Sep
Apr
24 % Mar
Feb
119%
Nov
Jan
15%
26 3/4
Jun
D
*123/4
13%
*23
25%
15%
15%
*12%
.-
13%
*23
•
,
25%
15%.
12%
.
*23
15%
15%
12%
12%
.*23
253/a
153/8
15%
12%
413A
34%
35%'
413A
1103A
*110
*34%
35%
34
413/4
34%
41%
41
41%
36%
36%
353A
3 6 3/4
22%
*22%
23%
34%
35%
34%
35%
34%
35%
8%
8 3/4
8%
9%
8%
20%
201/2
20%
*64
40
*64
68
40
*621/4
67
39%
34%
34%
20%"
34%
40
'
38%
34%
34%
*41
*41
42
*41
42%
*16
16%
16
16%
16%
36%
36%
37
35%
36%
105v
*104
19 %
47%
45%
*44%
'
-19%
473A
453/a
*19
*104
105%
19
4734
105
.
39%
38%
'
66
39
12,300
1,100
1,000
~
35%
15,600
8%
83/4
8%
9%
47,800
20%
20%
203A
20%
9,200
34
9
20 3A
*62%
66
1,700
■
-
*62 %
38
34
34%
66 %
34"%
*41
42
*41
16%
16%
*15%
16%
36%
35%
36
25%
36
353A
36%
29
Jan
36% July
5
12
Jan
17% Jan
17
23 Vs Dec
6
20'/3 May
17"% Dec
5% Jan
3
20
18% Jan 12
65
40
Oct
173/4
Jan
35% July
Jan
33% Mar
37
6%
100
42%
25
preferred
partic
2,200
•
Distil
1033A
300
18%
400
47%
49
*48
483/4
*47%
44%
43%
44%
No par
preferred
Co
Dixie
47%
Corp-Seagr's Ltd
5ft
*17%
100
No par
Cup
Class
160
48%
2
Diamond T Motor Car Co
3.100
-
A
No
.-i
43
423A
43
1,200
Doehler Die Casting Co
22%
22%
4,600
Dome Mines Ltd
par
No par
No par
38%Mar31
13% Jan 11
x273A Feb 29
95
Apr 14
15% Jan 3
42
Jan
10
Jan
Dec
Feb
45
July
223/a
Feb
34
Dec
15%
Jan
25%
72% Nov
44
Nov
73% May
22
68%
68
693A
6 7 3A
69
6 8 3A
69%
68
69%
3.800
Douglas Aircraft
No par
118%
118
118 %
4,200
Dow Chemical Co
No par
47
May 13
1143A Apr 26
131
No par
1063/4 Jan
113
119
13%
133/8
18%
13%
18 %'
*18%
159
159
*126 3A
128
*113
*126%
113%
56
133/8
13%
113
18%
18%
159%
159
V*
*111%
157 3A
*127
128
1131/8
113
120%
118%
120
112
IIO3/4
111%
54%
56%
13%
13%
56
13%
118
*110%
54%
13%
111%
*111%
55%
13%
9,000
1,900
13%
13
19%
.
*19
19%
'
-
700
18 3A
18%
18%
156%
157%
156%
157
128
*127
128
127
127%
*126%
128
200
113%
*113
113%
*113
113%
*113
113%
130
18%
158
156%
2,300
156%
:•'
14
133/4
14%
133/4
14
13%
13%
13%
13%
40%
40%
40%
40%
39%
40
39%
40
39
39%
39%
21%
21%
223A
23
*22%
176
176
176
*1753/4
186
186
186
23%
£3
176
*185%
51%
'
51%
24
24
185
■51%
24
43%
44
143/4
i§%
53/8
5%
24
;
de Nemours
P
preferred
Duquesne Light 5ft
Eagle-Plcher Lead
Eastern
2,100
Eastern
1,100
Eastman
223A
21%
175%
175%
175%
175%
185%
185%
185%
185%
185%
51%
*503A
51%
503A
503A
23
43%
2,500
15%
14,100
5,400
23%
42%
43%
43%
.
1,000
500
1st pfd—100
-10
Co——
1
5
Stainless Steel Corp
Electric
5%
23%
23
100
& Co
Airlines Inc
Electrlo
*23%
,
24
:
(EI)
$4.50
175%
51
50 3A
24
15%
*23%
503A
44%
51%
Du
175%
*183
185
:
1
No par
20
No par
Duplan Corp
*21%
22 3A
177
International™
Dunhill
5,800,
393A
22
1
Dresser Industries
4,000
13%
13%
.13%
$4 preferred series A
200
111%
54%
55
44%
44%
45%
15%
15
5%
5%
t
■
5%
5% '
42%
43
Nut Co
Autc-Lite (The)
14%
143/4
53/a
53/a
...
14%
5%
14%
143/4
x5%
5%
<
Elec
&
3%
4
21,400
109%
109%
1093A
109%
109%
108
110
109
1093A
109
109
4,700
$7
103
103%
1013/4
102 %
1013A
102%
101
102
102
102
101%
101%
2,000
$6
44%
43%
433/4
43 3/4
44
44
44
44%
44%
*43%
"
•34
34%
34%
33A
4
44
34%
19%
*105%
18%
68%
68%
106
163/s
18%
18%
68i/2
19%
*67
*333/4
16%
*67
105%
105%
*105%
16%
16%
16%
34%
21
68 3A
106
16%
34
x20%i
67
3%
34
21%
67
3%
*34
20%
*66 %
4
3%
44%
68%
105%
105%
105%
163/B
153A
16%
50
16%
17,600
101%
102%
102%
102%
102%
102%
102
102
101%
101%
380
102%
102%
102%
102%
102%
102 3A
103
>103
104
103
103%
500
102 3A
103
104
102%
no2
102%
102%
1%
1%
1%
102%
103
'
1%
1%
13%
13%
13%
13%-
13%
13%
13 3A
13%
12%
13 3A
13%
13%
69 %
"69%
For
footnotes
69%
see
693A
page
2771,
104
*103%
105
460
'
13/s
69%
70
1 %
1%
1%
1%
1%
1%
5.300
13%
14
13
13%
13
133/4
9,600
12%
13%
12'%
13%
13
13%
39,100
7 68%
69
*67%
G8
*67%
69
1,800
159% July
Dec
130
120% Jan
20
115 3/»
Deo
3213/4
Sep
Dec
8% May
15
146%
7
176
Dec
Jan
170
May
24
195
Sep
9
*173
Sep
184
Jun
Jan
3
51% Dec
15
35
Jan
453/a July
16 3A
May
1
24% Dec
15
11%
Feb
19
15% Sep
25
30%
Jan
39% July
8%
Nov
14
10% Nov
20
37% Jan
4
10
Apr 18
4
3%. Jan
45:'A Aug 18
15% Dec 15
Jan
1%
Jan
14
31%
Jan
92
Nov
16
28%
Jan
88 %
Nov
28
47% July 11
33%
Jan
42%
7
343A Nov 27
23% Jan
Sep
Sep
5% July
110
Dec
78
103% Dec
Apr 24
common
int
5ft pref series A
No
par
No pa*
_100
39% Apr
15
Sep
•
13
x21% Deo
68% Dee
15
Jan
89
Jan
3
105
Nov
92% Jan
10
106
Nov
% Anr
25
9% Jan
4
14
93/4 Jan
3
3
49%
,
Jan
101%
7
3
17% Dec
87
53/8 May
6% May
*32
20
.ran
108'/2>
3
3
46% Jan
Mar
PA
3
6% Oct
81% Apr 25
273A Feb
Sep
13
874 Jp.n
benef
44% July
Jan
Jan
100
of
11%
Jan
.No par
preferred,—*——
RR
Nov
3%
Feb
Public Service™——.1
$5 preferred
—No par
$5% preferred
—No par
$6 preferred
-No par
tEquitable Office Bldg_
No par
Ct.fs
9%
31%
5
41
Engineers
Erie
6
15
July
25
4ft
Apr
Aug
Dec
41
28
33
13%
253/a Dec
14%
Apr 25
3
6% Jan
10% Feb
3% Nov 17
Johnson Corp—x
105%
Jan
157
—3
Electric Mfg Co
Endicots
16%
Jan
124
19
Emerson
200
104%
9
134
57% Jan
19,100
68
Dec
7
101% Jan
203A
*65%
*
Jun
10%
7
4
..50
El
Dec
35 %
19
par
—3
1,000
1073A
Jan
19 3A Dec
No
Battery
Paso/Natural Gas——
34%
Dec
Jan
5%
128% Dec
No par
Electric Storage
20%
21
15%
1,200
—
16
9
162% Jun
11% Feb 11
Feb 7
.No par
Light
*106"%
Sep
May
137
1
—.—
preferred
preferred
153
123"% Jun 6
113
Dec 15
5
—
34
34%
105%
*
102
101
V102
<
33/4
4
Aug 30
58% Dec 14
14'% Nov
Nov
175
Ind Am shares..
Electric Power &
4%
108 3A
4
Boat
Mus
122%
par
.„2
Bros Stores Inc
Elastic Stop
44
5
Jan
4
cum
Fdlson
2
.100
No
Kodak Co
preferred
Eaton Manufacturing Co—
6ft
7
28% Jan
7
8% Apr 19
Oct
Dec
16% July
38%
Nov
46% Dec
68%
56%
Nov
May
9
49
4
69%
112%
100
Apr
27% July 12
5
33'A Jan
22%
120%
35%
83%
22%
55%
17
Jan
20
22%
120%
42%
Jan
20% Sep
105
43% Jan
21% May 12
Jan
8%
21%
Sep
17% July
37% Dec
22%
*111%
May
223/8 Julv
26
22%
57%
10 3A
48%
41% Oct
22%
1123/8
Jan
Mar
34% Dec
par
69%
■
16%
8
Raynolds A
23
121%
834 Jan
3%-Jan
9% Mar 22
21 % Nov
22%
56%
July
3
22% July
23%
120%
i- 43
45% Jun
36% Oct
22%
*111%
Jun
24 3A Sep
5
1033/4
42%
116
28"% Jun
18
47%
27
Jan
29% Jan
104
*44%
Jan
Jan
No par
*17%
451/8
10
26
1083A
Jun
No
18
47%
3
Mar
19
3
18
104
12
41 % Oct
Oct
19
Jan
Feb
34%
34%
*34%
16%
113% Apr
21% Jan
7%
Jan
17% Jan 17
50
Diamond Match
41
1
5
109% Dec
Jan
;
52
Devoe &
34%
12
Detroit Hillsdale & 8 W RR Co„100
800
16
17
20
36% Apr 18
32'A Apr 18
par
100
Western
Edison
510
41
1051/s
Lack &
Delaware
30
16'A Oct
.
10
Delaware & Hudson
Detiott
29
23% Oct
12
20
38%
343/8
*103
No
Preferred
38%
39
16%
18%
1
Co
&
Deere
13% Jun
33A
13 % Nov
6% Jan
4
19% Mar 17
1
100
pfd
Delsel-Wemmer-Gilbert
66%
42%
105
(The)
Corp
Records Inc_
Decca
*62%
34%
18%
Chemical
Davison
Dayton Pow & Ll 4%ft
■
35
41%
35%
20%
1103/4
34%
*22%
35%
203/4
>
23
23
20%
35
41%
22%
9
*110
1103A
36
22%
83A
333A
22%
36
22%
41%
*35%
,*110
35
preferred
5%
"
1,900
8
25
Davega Stores Corp
25%
15%
41%
41'A
36
22%
36
IIO3/4-
v
15%
15%
36
41%
36
22%
*35%
15%
15%
•
*34%
*110
111
*110
111
*110
*23
25%
500
Dec
23A Jan
58% Ju
103%
D
9%
S
S
54
Jan
92
4
573A
Jan
92%
S
16
62%
Jan
96
D
13A Deo
4
%
Jan
Dec
20
133/4 Dec
20
103% Oct 26
70
Dec
15
1% M;
BY*
Jan
163A Mi
8
Jan
16% Mi
39%
Jail
523A M
Volume
LOW
■
*
s
per mare
12
46%
46%
4%
45%
5%
•..
88
xll%
1M
16%
16%
,16
,
45
45%
44
Shares
;
11%
16%
:
16%
Range for Previous
■'•'
>44% ; 45
45 n'.
-
;■
6%
i
.;7>>'A
■'
45
.
6%>;;
6%
6%
>>7
.
Evans
1,700
Ex-Cell-O
'•*■
■
•
Co
I per
t per share
share
6% Apr
19
13% Oct
5
9% Apr
18
17% Dec
-
21% Jan
3
47% Dec
3%
25
6% Dec
19
> 33% Jan
Exchange Buffet Corp
No par
Jan
/
20
14%
Jun
'
Nov
29% Mar
Jan
374 Ju»>
%
.
78
Nov
9% Jun
I
,;
5% Jan
1
,2% Jan
-2.50
Jan
,4
3
Corp_
68%
14 7
Highest
-
t per.share
share
per.
84% Aug 24"
15
.4.-5
.-_i
Lowest
Highest
.
78% Feb
50 '
Cleaner
Vacuum
Products
.
15,100
•'
;
Lowest
V
; 1
Erie <fe Pitts RR Co_^___
Eureka
Year 1843
Range since January 1
.;7>
•
Par
3,900
,
'i
77; EXCHANGE
5,300
;
7
;•
STOCK
NEW YORK
<
30
88
11%
7,
16%
STOCKS
7
/'•
•■.;
Sales for
the Week
"
45
6%
6%
6%
6%
5%
j'"
';
*84%
11%
17%
»'
H4*
•
per share
> *84%
84%
12
12
'
f
I
Dec. 22
share
per
si'
Friday
'.'■■■■'
11%
88
45%
17%
V"*J
.
84%
84%
X17
11%
17%
•
6
*11%.
•
90
12"
17%
S
f per share
snare
>+"M',
Dec. 21
Dee. 20
17%
*83
90
s per
snare
per
'
-
Thursday
Wednesday
; Dec. 19
Dec. 18
Dec,^16 "
SALE PRICES
AND HIGH
Tuesday
Monday
Saturday
2765
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4345
160
,-y
"
44%
....
>•
•
44
••
VV.43'%
>,'24% •', 24%
44%
,
25
24%
44% :> ■>
"44
,.
>■
44
43%
25 %
.24%.
25%
25
13% > 13%
16%
*103
*103
103%
.
9% ;
32
>31%
105. r 105
:
24
,';;•
•>
31%;.
105
105
.
52%
52%-
57 v.;:
*56 %
•
*103
42% '
42%
V
•
113
*109%
113
*107%
52%
41%
41%
"!
**31%
6%
46%
•v
15%
15%y.
65
15%
48
■
64%
64%
65
28%
28%
>• 27%*
135
16%
32%
;
6.7'
*25
7 3B
v
lev*;,
16%
7-
"■/
*5% 7
-16%"
53
;• '••
'j'
7%
V
15%
r
.
;
8
6%
.
,
197#
33 7
7
405a
160
63a
119
'
:>•
•
;
20
1
40
.
1
7'
-•
203a
•
27%
77,7
3%
3%
3%
3%
3%
139
136
118%
118'A
-
55 %
55%
*10%
11
10 Va
•!v;
1%
124%
*120
124 Va
4 Va
7,7 4
4VB
8.200
vr.;
•22%
19%
*19
109V«
108
26%
26%
*
>'"711 Va
23
1%
1%
1%
30%
30%
124%
103 Va
14%
14%
89%
89%
*88%
22%
22%
54
54%
53
103%
*103
103%
^
50%
50%
*103
50%
50%
-
•
105%
26'/a
26
*111 7
111%
24%
-
24%
14%
14%
14%
22
22%
*103
104%
*104%
25%
24%
22%
*■
25%
247
»
51%
52
*51%
4%
4%
4%
4 %
4%
4%'
4%
4%
*18%
18%
18%
18%
-18%
14%
14%
14%
13%
43
41%
741%
42
24%
24%
24%
*24
14%
14%
14%
14%
14%
14%
14%
14%,
46%
45%
46%
46% •48%
46%
29%
29
29%
29%
29%
29
14
157 Va
156%
156%
*155
'.
•
156 %
53%
54
V, 55
53%
•
14%
14%
4.400
*40%
41%
600
*24
24%
29
28%
155
*62
*54 7
v
23%
23 %
23%
23%
23%
23%
23
105%
*104%
105%
*104%
105%
*104
27%
28%
27%
27%
5%
186%
5%
7
29%
5%'
5%
5%
185%
185
185
188
27%
5%
184%
185%.
28%
184%
31%
5%
14%
14%
14%
15%
14
14%
14% '
14
14%
15%
14
14%
59%-
59%
59
59%
58%
59
59
49%
48%
49%
7; 58%
48%
58
59%
59
59%
*33
'34%
33%'
33%
*33
35
*33
35
28
28%
27%
23%
28
28
22
22
4q %
*15 "a
';
21%
'
15%
15%
109
18%
109
*107
103%
*107
7%
*106%
~7%
108
For
:.
*106%
footnotes
~8%
*7%
see
- ■
*106%
page
———
2771.
<jr
18%
.
108
••
*107
18%
7%
48%
49
*33
27%
-27
21%
*21
15%
15%
108
109'
27%
27%
*107
108%
18
18 Va
.
*7%
*106%
108%
18
~8%
108
.
>7%
*106%
8%
6 %
108
Jan
11
71%
Jan
29% July 12
20%
Jan
27%
19
108 A Dec
$6
preferred
Glidden
;74% %
-No par
—
No par
(The)
Co
conv
Telegraph Co——100
Gold & Stock
No par
——-No par
(B F)
Goodrich Co
Jan
11
7;
28
July
July 12
44%
Jan
56
July
125'/8
17%
Jan
2%
Jan
6% July
13%
Jan
4%
Jan
24% May
8% Jun
2% July
31% Dec
124
27
Motors.—
Graham-Paige
Gran
Granite City
Grant
5%
Great
Iron
Preferred
Ore
23% Mav
(H
No par
10
.——20
52
Aug
4
4
% May
3
175
3% May
97% Aug
45% Sep
4
1 %
Jan
Dec
5
73%
Sep
7
54% Jun
19
24%
Jan
7 98
104% Nov
21
-
Jan
May
Sep
Oct
Jun
Jan
25 Va
Jan
41% July
90%
Jan
108% July
4V* Jan
9%; Apr
51
T
7
32% Jan
28
7%
Jan
29Va
Feb
37
Sep
24
Dec
26
July
>13%
Dec
18
Apr
42% Dec
25% Mar 15
17% Nov
13
49% Dec
20
A__w
Dec
Jan
Feb
3
57%
Sep
65
19
31V4
Jan
50
14 V8
Jan
10 V„
Nov
2 %
Jan
5
Jun
81%
Jan
160%
Jun
11
Apr
24% July 15
3% Apr
3
105% Dec
31% Dec
18
Jan
123
26
,
11
22.
6% Aug 12
189% Dec
Sep
21% Dec
15
17% May
3
16% May 17
3%
Jan
10% May
Jan
3
62% Dec
12
25%
Jan
41% May
42% Sep
15
49 y8 May 19
44 V»
Dec
50% July
22%
Feb
28%
35
Jun
38
12%
Jan
18 %
Sep
Apr
July
9 Va
Jan
15%
Jun
6% Jan
33
•'
4
1,
(modified)—_100
Hat Corp of Amer class
154
Dec
21
par
32% May
27% Jan
Jan
67
Dec
100
-—
Nov
55
Apr
pfd—No pgr
Refrac—<-—No
Jan
23%
17
43% Feb
27
''
21%
138
July
13% May
May 23
57
27
No par
Apr
July
'
'
3
23
——100
-17
16
18
-23
10
Water—
Jan
8
9
par
6%
Dec
Oct
28
——1
No par
2% May
4$ Jan
3%
Nov
28
Co $4.25
5
Aug
19
3
23% Jun
7
5% July
Dec
—No
preferred—^
17% Oct
3
15% May 18
9% Feb
8
25% Jan
Oct
102
83
9
26
8
3
Dec
112% Jun
3
36% Feb
104% Jan
30
—
preferred
48
Feb
2% Jan
163
preferred class A—
Printing Co
6%%
Jan
40
85 Va Jan
3
Corp
(M A)
22% July
41
1
15
preferred——
.-100
Gulf Mobile & OhioJRR——No par-
preferred—
Jan
12
24% Jan
8%
6%
14%
25% Dec
143% Feb
Sugar—
Harbison-Walk
85%
4
11
Hanna
Jan
18% Jan
17
<1*
59
16
19i% Feb
7 %
14%
104% Dec
pfd—No par
;
No par
100
—100
L) Co Inc————1
Hackensack
74
Jan
7
14% Dec
—
Deferred
Jan
Jan
105% Dec
Oil
Jan
5
26
9% May
4%
5
9
Apr
Dec
25% Jun
:
60%
90% Dec
22%. Dec
45
Jun
113
jan
14% Jan
6
x83
Dec
July
—
No par
Prop
—
Guantanamo
720
600
Jan
108;
19
No var
10,500
1,800
91
24 Va
15%
18
14% Dec 20
3
13 %
A
Jan
Jan
■
—5
Bay & West RR
Green
7% Jan
69
3
;
Great Northern Ry 6%
45
108 '/a
Jan
Jan
.11% Jan
20
7
Co
Great Western Sugar
Gulf
7—.
9%
105% Aug 23
3% Jan
.—No par
preferred——.;
Nor
17
Aug
23% Mar
16%
25% Jun 19 1
8
Feb
1% Jan
Steel——.
(W T)
19% Feb
99
8% Jan
by Consol M S & P_
Grand Union. Co—
2.200
100
25% May
115
60
9
113% Apr 22'
4%'$ preferred——————^-100
15,800
2 Va May
Jan
Mar
15%" j'an
13
Dec
31% Dec
6
14
Nov
5
110% Dec
Jan
xl04
2
25% July 10
19% Nov
3
4
39
12% Jan
16
Nov
Nov
a'a
3
4% Oct
Jan
131% May
4
25
19
Sep
4
5
110
•
13% July 26
23% Jun 17
11% Aug 21
107% Nov
9
—No par
——1
Gotham Hosiery——
Grumman Aircraft Corp_
•
107%
137
3% Nov 15
22%
Dec
Jan
Nov
56 % Nov
11
Apr
120%
83 %
128%
,
'130% Oct
3
19% Apr
Dec
18
66
24
112
Sep
3
1% Aur
93 * Jul)
14
1% Apr 25
7.
119%
113% Jan
.
Sep 26
-
Oct
44% July
Dec
4
6% Jan
Nov
39% July
134% Nov
4
18
106
;
140
Jan
Mar
125% Jan
32% May
148-
120
102
128
51% Feb
•
Jan
3
>7
115
34
3% Aug 30
117 > Jan
10
98 % May
•
30%. Jan
43% July 12
Jun
8% May
18% May
130% Jan
15
;
-
$5 preferred
Goodyear Tire & Rubb—.—No par
$5 convertible preferred—^No par
Hall
108
50
1
preferred—
tGocbel Brewing Co
Hamilton Watch .Go.
7%
—5
preferred—
A'o par
——No par
conv
Grevhound Corp (The)—
140
4
40% Dec
26
Gimbel Brothers—.
28,100
1,000
Dec
155
21
2% Feb
18% Apr
Gillette Safety Razor——No par *
••/»■;$5
20
18
119% Dec
4
Apr
3
preferred —-———100
4%%
1,300
*106%
Jan
7%
Aug
9%
Jan
2%
3
& Rubber Co_
General Tire
i,200
'.7 7%
4%
JUn
151
4%%
15%
17%
22
7% July 10
20% Dec 16
•
Dec
9%iJun,
Jan
Mar
18% Dec
4% Jan
preferred:—100
preferred—.———
100
•
Apr
Aug-
51
Jan
5%
4
36% Jan
1
preferred—No par
General Telephone Corp
20
Gen Time Instru Corp
No par
37
3
6
7
llVa
107
Jan
134
20
Jun
Apr
53%
Jan
3
Nov
10c
6%
6
Now
161
8
6%
1
Jun
102
13
9% July
247
Jan
14%
Jan
9%
27
54% Oct
;.;
28
Feb
40
100
30 V* July
3
19
Nov
109
24
No par
Jan
51
14
16'% Dec
21:
16
& Utilities new
21%
*107
Jun
Feb
preferred——1
Gen Realty
^108%
*152
*152
*152-
Railway Signal
15%
*107
58%. Dec
No par
1
No par
lOo
No par
Ink
.21%
-
15%
108
3
Jan
.Feb
No par
Equip Corp
14% OCt
6
7% July 10
22% Dec
7
No par
7 6,800
35
*33
35
22
49%
48%
49
:
15%
108%
7%
108
21%
*108
'.
*152
*152
*152
27%
7
18%
18%
18%
18%
.
•
15%
109
*108
108%
•
*107
*108
48%
22
22
21%
;
15%'
15%
48%
,
1,200
185
185
Nov
1
35
No par
Adv A
General Refractories
105%
*5%
5%
184%
185%,
23%
22%
30%
5%
5%
55
*104
31%
66
3
25 %
'
6%
26
81% Jan
10
preferred
Outdoor
Jun
4% May
Jan
6% Jan
No par
Common
4%
Jan
4% Jan
No par
$6 conv preferred series A_No par
:
-No par
General Mills
5% preferred
:
100
$5
Jun
11% Jan
Gen Gas & Electric A
Gen
31%
28
140
General Motors Corp
Jan
19%
14
100
Corp—
Sep
38% July.
20
No par
No par
$4.50 preferred-
•
Green
66
■
*54%
105%
28%
Foods
General
Dec
1%
18% Jun
7% Jan
100
Dec
75
9Va
18% Dec
41% Apr
.
May
15 V»
Feb
2%. Jan
54% Dec
143
No par
Cigar lnc_
preferred———
7%
150
156%
156%
23 %
*104%
3,700
*62
55
23%
62.500
28%
28%
:
66
55
'
156
66
9,700
47% ; 48%
4.7%
747
15
14%
14%
14%
105%
6
;
;
preferred
cum
5
14
'10% Feb 11
No par
No par
*—1
General Electric Co„—:
100'
*54
27%.
300
41 %
*1043,4
23
1,700
18%,
14%
*62
55
4%
2,000"'
40,900
24%
vV
41 %
200
.
V
5%
5%
4%
124
29%
54
>
*18»/8
49 %
29
7
16
>15%
18%
24%
46%
66
;
•
4%
42
24%
*62
5%
18%
14%
*41%
66
15%
5%
4%
18%
*24
*62
111% '• .7
15%
•
111%
111%
'
43
*156%
52%
*111%
5%
,
4,000
50%
15%
66
Class A
! 7%
General
300
111%
158%
53%
53%
6,200
5%
•
280
50%
15%
*62
1,400
103%
*111%
*156%
3%
50
5%
*24
,200
52
160 %
103
15%
v
;
100
,; 3.200
49%
111%
14
5.100
7
103%-
5%
14%
18,800
100
.
49%
15%
*18%
7
200
51%
>111%
14%
3,700
103%
5%
18%
General Bronze Corp
General Cable Corp
;;
50%
15%
preferred
$8
.
52%
112%
Baking
July
21
9
103%
5%
Transportation
Amer
21
5
14
105
No par
5
—5
No par
P
$6 preferred
19% May
'
17
Sep
51
No par
Gen Amcr Investors
'Dec
29%
13% Feb
,
Jan
Dec
13% July
54
50
16
Dec
20
800
Dec
4% Jan
3
50
'
5% Jan
62% Oct
1
Inc
10%
5 % July 10
17% Dec
6
5
Jan
25%
158%
4
74 % Sep
104%
*51%
73%
:V>.
Jun
9% July
53
10% Jan
7
15% Sep
20
preferred
Wood Industries
Gaylord Container Corp
•5% % conv preferred
13
26
17
Gar
Jan
36% July 11
44 % Dec 18
General Shoe Corp
1.100
14%
22
25
3
Gen Steel Cast $6
50
51%
; 15%
*111%
16
.
*102
53%
5%
112
16
100
160
162
*158
7
90
.
51%
3%
*3%
3%
3%
3%
■'•>•
28
Feb
Dec
135
15
30% Jan
29 % Jan
No par
Co
9%
39%
17% Sep
300
5,100
■
24%
-104%
104%
25
-
105
14%
25%
Jan
103
29 '
22
Nov
25% Sep
V
21%
21% •;>
21%
70
18
710
*88%
90
*88%
4
13
19% Apr
14% Jan
111%
*104%
14%,'.
14%
Jan
Jan
No par
New
Gardner-Denver
—
10,800
30%
X24%
105
105
;
90
*89
90
534
112
*41%
•„'1:
16
66% Jun
29
Dec
7 7 7
Gen
26%
*111
Jun
Jan
4
'
24%
24%
105
105
105
111%;
*111
'
Jun
July
•
36
Jan
30%
3
3,800
110
*106
110
22 V»
109
Jan
73%
7
2% Jan
6.400
19%
*29%
31
30%
*106
19%
5
2% Jan
12% Jan
,
$4.50 series A preferred
:
7
5
16
10
— 1
100
Gen Publle Service
106
26%
26
26
30%
110
12
8% July
58% Mar
-1
preferred————20
Game well Co (The)—;——Ao par
General Printing
103%
53%
53%
*103
*19%
106 VB
30%
162
*158
162
*158
19%
105%
*106
51%
*3%
3%
3%
3%
51%
52%
*51%
52%
163
25%
25%
25
*19 Va
Jun
; July
;; 39'/a jun
Jan
Jan
25% Jan
22
t33% Dec
20
(Robert)—
Inc
3,000
21 VB
7>21
21 VB '
;• ', 21 VB
107%
15%
97"%
19
42% Dec
•
.
7 13% Jan
6%
Gen Precision
31
21%
19% : 19 Va
105%
104%
*103
104%
*103 ;
%
22
,
3%
Jan
(The) cl A—No par
Galr Co
5.300
124%; >>>122 ■" 124%
V.'
4- f. '•:;
4 •"••:.
»v> 3%
*122
4
31%
116
4,100
1%
1%
7,
43
18
23%
9%
■;:>7 30%
Jan
Apr
108%
*106
'
100
ID
—10
.!
Trailer/Co
preferred ——
%
11%
9%
9%
108%
7.77'
—
pfd—100
Fruehauf
600
55%
*22%
23 Va
,
*106
17.300
127
11%
11'A
9%
rV
21
■
24%
104%
104%
25%
50%
*54
31%
3%
111%
-
*24%
24%
13%
3%
127
55%
9%
*122
31
*111
Ill Va
24%
22%
160
•
110
104%
104%
63%
127 Va
1%
26%
26%
31
*106
90
*51%'
40
700
.140
'
63%
63%
63%
11%
O CO
7
*53%
30 %
:>
19 %
14%
25
130'A
7
127 Va
23
9%
108
107%
26%
110
*111
•
105
22%
64%127
; 55%
22%
22
21%
••
31%
31%
24%:
*88%
130%
130%
'•
131
:■
*106
4
*19
19%
*106
111%
14
"
"7
-
Corp——
Corp
Freeport Sulphur Co
620
15.700
3%
'
115%
130'A
9%
124%
4
109
26%
31%
105
'
135
:7.7 ,11
31%
*122 7
21%
21
19%
7
3%
3%
•
109%
*108
'
41%
108%
*108%
•
115 >A
2
1%
30%
4
7. 7.
23.600
7
135
63%-
108%
31%
*120
24%.
'
9%
1%
V'
7
--
<39
41
490
'■
117
23%
22%
*106
30%
110
3
-No par
Fk'n Simon & Co Inc 1%
4,200
(> 1,300
159
135
131
11
1%
*106
13
24% Jan
19 Va
50% Jun.
25%
111% Dec
13
34% Jan
Jan
Jan
•
preferred——-—25
Sugar Co——-No par
Francisco
General
•7
27 Va
117
127
31 %
7; 31
'
4
1C4V4 Jan
prior
Gen
V
20
118%
27%
.41%"
3%
;
6 %
3,900
38%
*■. 98% Nov
12%
42
2
44
Aug 31
26% JUn 19
4
18% May
-10
———-100
Corp
preferred
Foster-Wheeler
11,900
•118%
108%
lOBia
-
3%
,
*53
10%
108 Va
♦106
:7
*31
35% Jan
Food Machinery
100
V
135
55%
9%
9%
9%
21%
v
(Thel.
Steel
conv
6,000
•77
*156
Jan
Dec
6V4 Apr
25% July.
27% Aug 21
53% Jan
5%
.•
2,300
6%
"
;
Apr.
18%
53% Nov
Food Fair Stores Inc
;
18 %
118%
64 Va
*54
23 %
22%
23%
v
No "par
5
5% May 16
43% Aug
9
11% May 1
Foilansbee
r -
6 VB
'38%
41
'
-
':
17%
19%
Jan
29%
3
•y
138
127%
10%
*111
x38%
41
3%
63 %
7
128 Va
*127
55%
1%
Jun
90
160
*135
127%
64 %
63%
64%
128 V8
*55
108%
109
preferred I--————100
4%%
Flintkate Co
11,200
•(
'
:'7 *127
9%
:
131
131
131
131
131
23%
103% Apr 25
Corp__
First National Stores—
$3
*117
136
118'A
*106
11'
1,100
:
159
*156
109%
•103%
•118%
*7
•
300
7.7
>
7
3%
78%
Dec
440
8%
27% 7-:
Jan
22
57
11,900
50 Va
118%
27%
39%
•
40%
41%
110
110
*136
>'
159
39
39%
40%
27%
*156
159
118%
64%
106% Dec
8
800
7'.
107% .7
*158
19% r-
719%
■
77 118%
119
118V4
•
f
8%
5
6%
6 Va
6 Va
19% •; 19 %
■;
160
>'■
7
7 ;-50%
.'
16% -18 ;
16%
;
6%
118
38%
41%
109%
15%,
:
Feb
11
38% Feb
1,300
c,
■
,.f V
y
13%
xl3-
*106%
7.
8%
*158
160
i
•''
50%-'-
8%
8%
"
27%
*156
•"'
159
7
27%
139
4130 V4
No par
Dec
15
Dec
3
Gabriel Co
v58Va
58%
7.
107% 7
'*106%
>7 50%
V.,
*136
-
32
27
600
•
3%
3
Jan
6.700
7%
.
21%
58 Va
•
107 Va
8%:
*158
:
J
*117
*
22% Jan
Jan
7 4%
.21%
7%
15% 715%
.;
50% '? 50%
>*106%
r V
77,
6%7
118
;
.••
27 34 7
7
16
15%
40%
110%
10% Aug 18
Jan
68
*64%
•
7>;.,
16%
*16%
7%
21%
58%
:4.
15% ; 16
8%
*158
109%
41%
*103%
39
517a
-57%
".-757%
107% 7-
8%
6%
20%
i
*156
40 V4
a
.
j*27%
-
159
•!'••
••
'
28
*156
20
118
118%
28
;
:
•
20%
118%
!;
;
15%
7
6%
634
•
16 %
50%
-
:
160
15
15%
f 15
8%
:
58%
16
*106%
•>'
-52
%
*158
160
*158
'
-
4
,105% July
18%
13
17
conv
Enamel
120
;
7
•
17 V« ; :
17
68
21 Va
7; .77;,'
•.7^--,;f1
v7,'
-
2,000
:
;t;
4
16
*i5%<
.,
•'>
S.' -f
4,200
*
-
■
f.5% 7. 6
*64%
21%
7
;
32%
43%
17%
7% 7
135
7777 4%
30
•
114%
16%'.
7%
-7.21
21%
58%
;
108 Va
*108
8%
8%
Jan
19% July
Jan
:
93
110
4,800
'>•>43%
6
*16%
68
7%
7-.
.
6,300
'
*113%
WM."
'17'?:
ix'
800
65
'25%
;;*127
'.
1,600
i
28%
.
32%
15%
7:;. 15%
■
*64%
7%
7%
;
18%
16%; 16%
21%
16
<■■■■? 50%
52%
*51
16
5
~,
Fidel Phen Fire Ins N Y
380
>
-M7; 1 ; 17%
•
.
4%.
>'■-74%
-r
17%
68
7,
58 Va
15%
108
108 7
•
*57%
Jfii
167/a 7
21%
15%
58%
1
u21%
7
15% 7 15%
';.
'77
'
.
2?%
:
33'",'
*5% :7
.
16
64% '
.
>
"V;:
135
•
6
7
■
•
114
114
4Va
4%
.7 * 64 %
77
68
*64 %
22.
Dec
Nov
Jan
86
24
24
May
11%
'
47 (.,;
:15%
•.
•
44%, 44%
•;
114%- 114%
4%
> *16
16%
7";'. 7%
'J J,-;
,-'•;'
44%;
•44.;,:.
■
•
•,;•" 6
6.
-
4%'
58 Va
*21%
27% Nov
Apr 24
Mar
28
Nov
; *
;•'*• 67/a
4
Aug
45
%%
Florsheim Shoe class A—
1,700
6%
46%
•
17% ,l
•
&
33
*31 .- !■
.6%
.;
27% ('
32%.
32%
32%
,k >■
'
7
*127
■>:%
135
*127
f>>
44%:
•
:7 16%
7%
•
300
100
42%;
'25% % C" *25
•
•
17%
17%
7
>
*25
25%
i7,
>7
32%'; >y
114
''53%;. 7 ;>> 52%
53%
*.'*
:■
16%
16%
.
■
'44%
4%
16
7 7
*64l4 -72
t
>
32%
'114
•7>'
6
7
4%
'
!
-
./>:■ 6 :••'
!'r
'I1'-*.--:
No par
—No par
$4.50 preferred
No par
Florence Stove Co——..
.No par
7
105
17
200
109
109 V
,
64%
27%;
1
29
6%
46 %
*63
64%
27%
'
54%
53%
800
4,500
23%
18
21
.42
21
78% Nov
■—I
—$2.50
Firestone Tire & Rubber--—
-23
4
Ferro
100
•
42%
42%.
,;>;42%
15%; 15%;
..
.
;
46%
: •
i5%,;
*63
135
*125%
>:
»
114 %. 114
16%
16%
■<;
:
V
47
>■•
'
;■ 17%
16%
•
44%
44 7,;
•
•
;,7 6
.'.••4%
h7>>4%
25
>>
32%.*
>32%
,
114%
i"
31%.
*6%
15%
•... ■7
28% ' "
25 I,7;-':"
65
27%
135
*125
32%
43 %
*43
114%
>
•■'■•■■.
16%
135
;
:
*107, 7 107%
,-23%
42%"
.
31%
6%
47
•■
15%
;> 64%
/
25%
v
47% ;
.
~;,15%:-
-V
28%
25%
.16%
16%
7
*;:''56
:-
109%v
f
*41%
32*
6%:
7
47.
.
25%
*25
•
109
42 c.
*31%
7>
'
•
7
57
1,500
'23%
.
*41%:
31%
■
:> '6%''
>7
47%
15%
111
*109%
>v
42
31%
32%
6%
7
47%
:
41%.;
2,400
8
Jan
30% Not
14
19% Apr 26
——3
Dept Stores
17% Dec
100
No par
—-
17
preferred-,———100
210
.51%
7,;
v
Federal Motor Truck
Federated
1)400
50%'
e23%
,
•3,800
1)800
42%
$6 preferred
,
Federal-Mogul Corp
2
14% Jan
14% Jan
Light & Traction——.—15
Federal Min & Smelt Co————2
500
24%
42%
23%;
23%
60
1,500
.
24%
108
*107%
7
25
9%,;9%,
: *30%30%
%" 105% 106%'
"
■"">
111% ■
.
-
,55%
55%
>;
."'
.742% : 43
24
*41%
;
56
56
*107%, 108%
.
'43
.
111
•
>
56%
108%
43
!
103%
23% :' 23%'
52*7
51%
;
Federal
•
24%
,*24
52%
•1,100
16%
>:
30%
106
13,700
!
47 % Dec
3
•*
'
*6%
52%
55%.
*107%
:
:
*31%
32%
■
••
.
13%
'
44% Dec
3
-9% Jan
•
3
21% Jan
Fajardo Sug Co of Pr Rico_
20
Fiarnstyorth Televls'n & Rad Corp_l
103%
;.'
•
'9%'
*105%
24
;>
Fairbanks Morse & Co
4,100
•;;> 25
;•
23%.
9%
30%
.
aos
105
?
52
9%
31%
30%:
>, ••■••■{
24
'
41%
X31%:->'
23%
.
•7
9%:
105
-24.
■
'}. 9% Kt-
'.= 24
>
■
42%
23%
24%
24
56%
107% '•>
107%
108%
*42%
'
2,200
*16%
v;
•
31%
•
52% 7
52%
>..56 :.-•
.
.25
*29
44
24%
-13
103%
*24%
23%
23%
24
'
•
"k
•16%
*103
25%
:
44
24%
•
>
13%
•
16%
.
> 103%
25
/
*104%.
,
24%
,.
16% t
*103
23%
9%
v
9 %. '>
<
16%:.
13
13%
>;
103%
*23%
■
13
-v
,25% ■>;
*103
V;25%
,
v;>
24
31%
:
;
24 %
24%
16%
25%
9%
9%
7-
13% 7 ;
16% >';■
13%
103% 7
,
*23%
24
>•
16%.
25%
25%
23%
13 % 7
*16%
16%
;
7 25%,
•7
V 13%
:
"
; : 43%
24%
43
24%
*
.
*
15% Mar 13
11% Apr
106102
,
,
26
33% Dec
5
15
16% July
3
Apr
11.
111
July 24
Jun
14
107
Dec
15% Apr 24
21
Jan
6
152
5% Jan
14
138
18-
May
22 % Dec
38
104% Jan
5
110
12
July in
4
Dec
8% Jun
104 Va Mar
27
Julyl2
13%
135
Jan
>18% July
Feb
144% May
4% Jan
86
110% July
Jan
7% May
109%
Oct
STOCKS
LOW
f
Saturday
f per
1
*
shar*
B per
snare
per
9%
9%
9%
7
7Va
6%
108%
9Va
7
109
109
21%
73%
23
23 Ta
%
23%
132
*130
132
73
*71
73
*72
73
*72
73
128
*124
128
*124
128
127
18%
18%
"17%
.
23
23%
44
17%
*116%
*116
45
17 Va
71%
72%
*70
109
108%
108 Va
43
45
67
67
66%
12%
12 Ve
12%
11%
36%
36%
66%
•12%
67
"
36 %
2%
*2%
2'A
2
9%
9%
9%
*9%
67
67%
12
11%
11%
11%
35%
1
35%
35%
36%
35 Va
18,400
'
*1%,;
"
'2,500
1%
1%
1%
9%
9%
*9%
27%
26%
27
10%
26%
27
14%
14
14%
14%
14 Va
14%
3%
3%
3%
3%
3%
3%
3%
3%
31%
31%
31%
31%
31 Va
31%
20 Va
21%
20 Va
20%
20%
213/4
51%
54%
52
52
52 •:
73
73%
73
73%
19%
19%
20
20%
19%
19%
19%
19%
2
/■• :• 26%
14
2
5%
700
10
9%
27
71
July
Jan
118
Aug
Jan
21% May
16%
Jan
25% July
21
28%
Jan
40% July
Jan
.17% July
4
47% Sep
5
10
21% Nov
3
19% Dec
8
7
12%
17
Sep
Apr
3
115
Jun
31
Jan
42
May
45
17
36%
Jan
45
July
18% Aug 23
72% Nov 30
9%
Jan
17
July
Hupp Motor Car Corp
Jan
54
.
Jun
44
3%
30 %
57% July
%
37% July 10
1% Jan
11
Jan
12
2% Jun
10% Jun
July
68 %
Nov
9% July
.41% Apr
Jan
21
Sep
114
,
Jan
30% Feb
Aug.
42%
Mar
59% Aug
3
13% July
7% Feb
117
;
Jan
105
1
Sep
70% July 11
Feb
63
Apr
114
107% Nov
Jan
2%
Jun
Va
Jan
10%
Jun
22% Mar
4
28 Vs
6
22 %
Jan
29% Mar
8% Feb
4
16% Aug 23
4%
Jan
4% Jan
4
U
Jan
Jan
16% May
18%
Jan
31% May
<•37
Jan
48
May
4
May
100
8,700
117
13% Jan
6
—100'
No par
preferred
8,200
'.
Jan
;
14%
47% July 13
Manhattan
non-cum
Hud Bay Min & Sm Ltd
Hudson Motor Car—
-2,800
,
•
100
Aug 31
23 % Dec 16
25 Va
.
2
No par
—No par
B
&
49
8
Dec
13
preferred
Hudson
1,300
1%
9%
July 17
•;
Jan
——100
Houston Light & Power Co.—No par
Houston Oil of Texas v t c
25
Howe Sound Co
5
2,200
12
35%
14%
.
4
3%
4
3%
14%
14%
15%
15
66%
27
27%
27
27 %
27%
.
36%
36%
36%
2%
9%
67%
11%
66%
12 V8
67%
2
,Jun
Oct
Household Finance
5%
73
Dec
87
136% Aug
39
390
110%
Mar 10
Dec
13% Jan
500
-
71%
*108%
72
Class
'
71%
110%
*108%
1,900
16%
16%
16%
16%
*70 %
72
110%
Houdaille-Hershey cl A—
-
44%
*43%
Jan
—12.50
No par
Homestake Mining—
7,200
42%
42
42%
73
128
115
preferred
7%
19
Apr
Aug
%
—100
Holly Sugar Corp„;
10
29
13% Jan
'
;
Jan
36% Mar
—5
...No par
(A)
12%
Jun
125
Apr 27
20% Jan
71
172
25
134
3
>
Jan
152
27
89
18
Jan
19% Feb
'
45
*43%
16%
*70%
*108%
67%
.
—
'
16%
16%
71
109
Hollander & Sons
(Del)
Furnace
Jan
«
10
1
10
The
(C E)
Hires Co
Holland
Apr 24
<28
56%~
25
27% Feb
24
3% May
•
110% July
'
Nov
170
Apr
114
Jan
Jan
Jan
75% Feb
6
7'1
.
-••«—100
:
.
Htnde <to Dauch Paper Co
1,600
17%
*116
*.
42
42%
*43%
109
70 Va
.
19%
.17%
No par
-
1%
93 Va
22% July 10
Mar 11
10'A May
Dec
6
9
30
Dec
-
I per share
share
per
22
8% Sep
112
10 %
par
Chocolate
jVo par
preferred,—-——No va*
500
•
;
45
16%
16%
16%
17%
71
17%
preferred
63% Jan
v'i0
conv
800
44%
*18%
19%
17%
*116
*116
43 Va
43
*43%
45
*44
*18%
17%
//•'%'v
22%
-
44
„•,
200
22%
*43%
23 V*
44
19%
17%
17%
116%
43%
4ft
43%
*22%
44%
*18%
19
19
23
*44
all6%
17%
17%
•
*4
.
—
200
26%
*25Va
25%
25%
22%
44
19
*18%
18 %
'
23%
44
26
6%
Heishey
.
i_
No
Motors
Hercules Powder
10
132
*130
132
*25%
26
*24%
44
*23%
%
23
*124
128
*125
26%
*24%
25
44%
,,••'
preferred
28
Mar 13
20% Sep 14
^25
100
W)_
28
2% Jan
99
share
per
9% Dec
6% Apr
1
?
25
15
Co—
—
__
(G
non-cum
Hercules
8O0
83
128
108 %
*130
82%
82
*72
*125
*44
82%
Co.-
7%
1,500
*130
73
42%
22 7a
82
23%
*23 Va
84 Va
*72
23%
Helme
10
131%
73
25
22%
83
22%
Hecht
300
170
131%
132
*72
*43%
23%
*82
<;.
SOO
71%
71 %
*167%
83
*130
*125
23%
72
Mlg Corp
Hazel-A'tlas Glass
21%
21 Va
21%
170
Inc—!
Hayes
2,600
*82%
82%
82 Va
167%
23%
*23
•
167%
110
109 Va
14,600
112
S
Highest
Lowest
Highest
I per share
Par
Hayes Industries
1,500
6%
6%
*167
170
9Va
*8%
*71 Va
72
%
*167
%
6%
*21 Va
21%
72
73
9
109%
109 Va
21%
21%
.."V'v
6%
6%
108 Va
Shares
9
'"•V
9%
6%'
21%
170
*167
170
*167
9
*72
73%
*72
9%
6%
108%, 109
21%
21%
21%
*71 Va
-
the Week
$ p*r share
$ per share
p*r share
b%
9%
108 Va
S
share
Dec. 22
Year 1943
Range since January 1
Lowest
EXCHANGE
Dec. 21
Dec. 20
Range for Previous
■
STOCK
YORK
NEW
for
Sales
<J, Friday
Thursday
Wednesday
Dec. 19
DCCr 18
Dec. 16
SALE PRICES
AND HIGH
Tuesday
-
Monday
Monday, December 25, 1944.
& FINANCIAL CHRONICLE
THE COMMERCIAL
£766
.No par
1
.
6
28
4
5
July
8
Aug
.
11 Va July
.
2% May
:ii!Sv i igllll
30
30
30
30
30 Va
30%
20%
21%
20%
21
20 Va
21%
'
53
54'A
53
53'/a-
53
54%
73 %
73
73
73
73
72%
73
73 %
19%
19 %
19%
20
19 %
20
19%
19%
19 Va
19 %
19%
19%
20
*19 %
19%
^19%
106 Vt
*105
107%
107%
106
107'A
*160%
160 %
83%
83
12
11%
8%
•8%
71a
9%
9 Va
7
9%
186
185
,
82
180
*179
81%
180
17%
29
21 %
94
3%
17%
78%
*76Va
133%
"92 %
85%
45%
-
-
45 Va
*44 Va
92%
95
*31
;
137%
*120
137%
16%
17'A
16 Va
17%
843/4
85 Va
85 Va
44%
44%
*43 V2
'44%
39% "39%
39%
39%
91%
17Va
17%
18%
19
18%
19
18%
18%
37'A
3 6"'/a.
*142% ;---
18'/a
18%
18%
*142Va
18%
18%
36%
*142%
18 Va
36%
36'A
36
*18
18 Va
*18
18%
"
v
—
'
*
36 Va
36%
•r
*142%
18 Va
35%
104%
"32
112
104
105
104
104
■
26%
79%
91 %
90%
104%
103 V8
31 %
31%
31%
31%
20 JA
20
20%
"
110%,
110%
*110.
98
*90
98
*90
26
%
27%
26
26%
79
79 Va
79 Va
79 %
*79%
91
89% ■90%
89%
197/a
20
19 Va
20 Va
20
20
20
Joliet
—
89%
*90
4%
100
80
.
.
29
par
67% Apr
165% Jan
28
115%
113
20%
*20
20%
*20
*115%
118
*115%
118
*115%
21
21
20%
20%
20 7a
118
*115%
118
*20
*lf 5%
1% Jan
13%
13
13%
13
13V4
12%
13%
13%
"35 %
36%
36%
35 Va
36
35%
35%
1,300
35 Va
35%
35%
35%
36%
*19%
20'A
*19%
20 %
*19%
20'A
20%
20 V4
*19%
*19%
*19%
25
*24%
25 Va
*24%
25%
25%
2514
24%
*25
*24 Va
22%
22%
la
36 %
23 Va
23 Va
*23%
38
38%
-
18%
18%
18%
180% Dec
%
7%
8%
76%
77%
8
-J
•
■
.-*9%
'36%
35%
*108'A
10.9%
109 %
24
38
38
77
26%
27
27'A
9%
*914
.9%
36%
36%
•-
36 Va
36%
36%
36
■
*9%
36
35%
36%
'77%
32%
32
ik
109
9%
77%
32%
9%
36%
9%
77%
32%
*108%
38
38
32%
108 V,
24
*23%
9%
77
36%
934
37
8V'a
36%
36%
24
38%/
9%
115
*113
24
27
27 Va
27
27%
27
x32%
33
32%
*
76%
77%
*76%
•
18%
18%
18%
115
36%
'
8%
8%
■••.:•
36%
36%
24
*38
38
38
23
22%
17%
:
V
2'£%
'
109.
H 0 CO
>
■
18
115
36%
3
7
Feb
11
7% Feb
3
4 "
92
24
24
*37%
9 Va
76%
v
400
76%
32%
.V $5
180
..-
108%
>
100
.
1
4% %
26%
26%
2,000
Kresge
9%
914
200
Kresge
*9%
9%
36%
36%
36%
36%
36
36
3C%
*36
10
10 Va
*9%
10 '/8
*9%
10
92
88
90 Va
92
91%
921.4
90%
90%
30%
30 Va
30%
30%
30%
30%
30%
3014
30%
*48%
4914'
48
48%
*481/4
12%
12%
12 V.
12%
30%
31'
Va
2
30 %
30
126 Va
126
30I/2
*124
127
30
.
1,140
2.000
30%
*29%
30%'
30%
30%
600
Lane
48%
48
48%
400
Lee
12%
12
12%
12
12%
24.800
121/8
31
30
30
30
30
127
*124
126
125
125
6 V8
6 %
6:!B
6%
61/2
1 Va
1%
1%
2
1%
1%
37%
39'/4
391/4
*29%
*125
7%
.
1,500
30
127
.
160
57,100
7%
47
7
1%
1%
1%
1%
4,700
37%
37%
37%
37%
11,500
7%
Sep
5
Dec
.9
3
135
20 % Aug
37%
38 V,
38 %
38
38
381/4
38
38
37%
37%
38
20 Va
20%
*20%
20%
20 %
20%
20%
20%
20
201/4
2OV4
20 %
ism
18%
18%
18%
18 V.
18%
18%
18 %
18 Va
18%
18'/a
18%
5,900
5? Va
'■
38%
53%
53%
53%
53
53Va
52
53
51%
52
51%
51%
7%
7%
7%
38
*48%
I
*37%
7%
7%
7%
7%
7%
7%
7%
7%
*48%
7Va
50
50%
*48%
50%
*48%
50%
*40%
50%
200
48%
48 7
78
7814
78 %
78''?
78 %
79
79
78
78
78%
78
78 Va
78 %
79
78%
79%:
78
179%
180
18C '/a
180
180
180%
130%
131
'
32%
32%
32
32
50%
51%
49 Ve
50%
501/4
491/4
50%
42
42%
43
43
43%
43
44
**>2
22%
*32
footnote",
see
page
1,400
"3,700
3,100
78
a
1,700
:
43 %
2771.
.
182
78
78%
189
*31%
32%
48%
49 %
*42%
43%
77%
78
3
29
Jan
6
45,
17
144
13% Jan
3
78
2 .-200
78%
6.800
*31%
49
43%
60
182
100
32%
49%
43%
-
3.600
1.000
Jan
115
July
Jan
Jan
183/4
Sep
Jan
18
Jun
27%
Jan
32%
Apr
Jan
145%
Jun
135
9%
16
Jan
27
Feb
27
99
% Mar-
Dec
15
70
16% July
Jan
34% Sep
<
16% Mav
:
.
Jan
26
Nov
25
Dec
9
Va
105
Nov
9%
38% Aug 28
112
15
30
6%
10%
4
Dec
16T'a May
■
107% Sep
111
July
34
,
109% Aug
92%
Sep
29
78
Aug
79
Aug
20% Jan
3
27% Dec
19
19%
Jan
26%
Apr
Jan
3
79% Dec
15
54
Nov
65
Apr
Jan
4
92% Dec
10
64%
Deo
82
Apr
Jan
14
20% Dec
16
8%
Jan
12%
Jun
16% Apr
27
21% Aug 18
x!2%
Jan
121
Dec
May
90
55.
3
May 25
Feb
124
Nov 30
118
25
3
19% Jan
4
39% Mar 11
13% Feb
19
17
•>
5'A
14% Mar 28
6'/a Jan.
Jan
Jan
13 Va Jan
Sep
Aug
10%
Apr
29%
Apr
17
Jan
Sep
Sep
•11 %
Jan
17
29
14%
Jan
24 % May
19% Jun 29
May 8
25
•111
19%
127
■T
Dec
7%
Aug 31
8%
Jan
x26
4
20
,19
Jan
11
20% Dec
24% Jun
26
115
May 18
102
Jan
16% May
;•
113
■•
Apr
Apr
29% Jun
9
37
Dec
22
28%
Jan
35%
19% Jan
7
24
Dec
15
15 V«
Jan
20% July
42
25
Jan
34 \
July
Oct
r
Feb
17
9% Dec
20
1% Jan
6% July
54 % Jan
28
78% Dec
6
34% Van
58% July
31% Mar
3
1
4
•>
33% Dec
22
-Dec
21
108% Dec
22
Feb
11
27 Va Nov
18
18%
Jan
24'A
Sep
6% Jan
25
10% Oct
7
2%
Jan
10%
Apr
20
23 Ve
Jan
32%
Sep
32
22
108% Dec
Nov
22
4
37
31% Jan
4
37% Nov 20
Lehigh
32% Nov
24% Feb
15
26 Va
Jan
24
10
25
3
12% Oct
5
21
Apr
26
113
Jan
7
4% Jan
3
100
—50
J
13
107%
22
;
39 % Dec
4
9
5
21% Jun
21
19% Dec
25
—
95 '
Oct s
9
Dec
29
'July
Jan
120
July
Dec
,
p
2%
Jan
8% May
|jj
30
19
33% Dec
Jan
2%
Jun
7
24% Jan
;
....No pa*
Dec
7% Dec
127
39%
Jan
8 %
20
5
4
2
V« Jun
11%
Jan
20%
24
Jan
32
Jun
.July
14%
Jan
22%
Jan
3
53% Aug 21
31
Jan
43%
6% Apr
39
Jan
24
S% July 20
5
Jan
41
July
71
Julv
.
18% Jan
17% Nov 27
42
■
Corp___.__—No par
Wks—-No va*
July
29
8
48% Dec 16
30
Jan
3
27
62
Dec
68% Jan
83% Jun
67 Vs Jan
13
86.% Jun
26
174% Jan
182
26% Feb
8
3
39
Dec
?6
Apr
25
53
Dec
9
37
Jan
6
44
Dec
20
—
Locomotive
31-
Jan
1 %
.5
——i—100
'
15% Feb
-.50
Corp
Belt Co—.—
•49 % Dec
19
Apr
Jan
No par
Myers Tobacco
tilv Tulip Cup
7
Jun
8
—
Life Savers Corp
«r
30% Dec
19%
17% Jan
Corp
Series B—
Jun
Jan
38
preferred
Preferred.;
Oct
29%
11%
5
(newt—No par
Libbey Owens Ford GlassNo par
Llbby McNeill & L%by—
->7
Lleeett
73
Jan
No par
No pat
Portland Cement—„
preferred
Lernef Stores
Jan
17%
x31% Dec
,
16% May
Jan
35
14
104
17
iTliei
T.ehr, & Fink Prod Corp..;—'
Lenman
9 Va
17
May 31
14
Apr
Navigation Co
Valley RR
Lehigh Valley Coal
Jan
13
3
Jan
conv
conv
9% Jun
62
26
100
——
Lehigh
Lima
Dec
102%
i
5
July 2n
13% Jun
84% Fob
100
& Tire
'
no1 %
■
60
10
19% Dec
Apr
383/4 July
V
Jan
22
20 % July
44
Jan
6%
Oct 19
Dec
20
71% July
/
July
28 ;
Dec
'36
27% Jan
-
iThei..
Lehigh Coal &
6%
39
Aug 28
43
93
No par
Bryant—__
Rubber
4%
Jan
Apr
July
C
Lambert Co
*471/2
37%
4
10
preferred.———
5%
301/4
2
37%
30
30 V.
88%
48%
6%
38
88
—
Laclede Gas Lt Co
30V4
7
37%
89
20
Jun
No par
& Co.,
■
30 Va
■1214
126
10
88
Jun
3
27 - Apr 22
.107% Jan 21
,5
-1
•
Kroger Grocery & Bak
301/4
-30V4
49 y4
12%
9%
*9%
Dec
113e
19
——No var
Kress
*47%-
30%
*30%
6
Va
10 Va
10
69%
Jan
12
No par
—
1,100
300
Jan
3%
Apr
preferred—100
18 Si Co..—„—
10
Dept Stores
„
.1
1,300
:•
45%
21
36 Va
138
Dec
■■-v...
36%
9%
16
Nov
—„
36%
■
Dec
12 Va Jun
94
Jan
—
is Hi
14a4
:
-—->—100
preferred
prior
Koppers
3,400
33%
108%
Jan
138% Jan
:
iG R> Co. A——
Kinney
8,400
9%
8%
15
Kennecott Copper
700
■
38
25
129
15
L of ser B
B—
5
11% Jan
1
Mar
July
6% May
13
11% Jan
c
19
67
.
20
12
,
4 Vb May
:
Oct
32% July
13
Feb
Jun
July
21% Dec
136
13
117
.177
„
Jan
56% Jan
Kendall Co $6 pt pfd A
—
3%
39 Va Jan
—J
No par
1—_No par
Keystone Steel & Wire Co.—No par
Kimberly-Clark Corp.,—
.No par
Class
900
17,400
37
26%
26%
9%
*113
23
Sep
7434
;
Jan
6% Jun
Apr
177
Jan
55%
Mar
Y. 93A
Jan
11%
2
35% Jan
No pat
(Julius i & Co,,.,
Kelsey Hayes Wh'l conv cl A
700
'
%
3G
D2C
3
68% Jan
Jan
;
3% Aug 23
19
66
162
18% Jun
13 % Feb
—100
Kayser
200
8
.
Apr
8% July
8
Jan
Jan
t.
■
*113
115
36%
23Va
23
23 %
*112
36%
36%
36
*23
23%
115
*112
115
25
18%
18%
18% :
18 %
24%
2314
23 Va
23%
112
20
56%
.4% Jan
10
No par
Kansas City; Southern;—;—No par
4% non-cum preferred—,
100
Kaufmann 'Dept Stores——
—1
25,600
13%
12%
12%
12%
15
25 '/a Apr
.
15%
38% July
Jan
80
Apr
July
783/4 July
J
/
Jan
3
13
130
Stove &
Kan City P &
—
6
144 %
4
Jan
: 65
12%
2nd preferred ser A—_—100
& Chicago RR stamped—100
Kalamazoo
400
20%
118
Nov
3
82% Dec
K
20Vs
~6
,.
15
10% July 10
Nov 27
188
15 Va Jan
_5
Laughlin Steel.;
.a-No par
58
5%
pref series
100
t 66 Va
5%
pref series B conv——J00
.10%
Joy Mfg Co_——
X >,
3,100
Jan
25
Jones St
1,200
-
par
154% Feb
:'l
& Johnson
Johnson
25,300
1,200
26%
27
—.No par
-—.A
1
1
Manville Corp—.
Jan
3
6% Jan
168
Nov
6%
8% July
6% Jan
No par
preferred.
4% %
Johns
:',>800
88
*90
r
...
1,400
9%
21%
105% Dec
22
Nov
104
par
.No par
Jewel Tea Co Inc—
110%
*110
25%
92
20
V
31%
J-'
'
20%
*103 y8
■
5
8% Oct 23
40% July 17
-
100%
Jan
62
12% July
27
Co———
1,300
J.
112
*110
112
*110
36%
31%
79 Va
*78%
V 91%
80
92% •
36%
112
110
98
78%
79
'22
36 %
103 Va
26% ,27%
*
27
Va
26
36 Vb
'**•'' jv-V
i'''
(W Bt
J&rvls
I
28
ctfs————No par
$6 preferred..—
C '
Apr
7% Jan
50
100
Stores....
Dept
1,000
17%
Nov
.158%
Aug 14
9% May 11
No par
No par
.
103 %
31%
110%
*90
98
*91
27 Va
31%
:
111
*110%
111
"91
17%
86%
7
x87
29% Apr
23
—
Intertype Corp.——
Island Creek Coal—
4
6
3
71 % Feb
Sep
par
Silver
Foreign sliare
;
Interstate
4,600
18% :v •,■(•■'...1400
<
<2,^0
39%
103%
110%
32%
*31%
32%
*110%
*110
17%
36 Va
*110
112
17%
preferred—.,—
Salt
preferred.—
Intern'l Terep & Teleg
219,700
'9.000
21
165
par
7%
V
.1
Dec
111% Nov
6
Mar
158
106%
3
83% Jan
par
8
8
Jun
1C0
pa*
100
.No par
—
of Cent Am-,
International
*142%
17Vz
xl7Va
36
*110
.104%
."
36
*35%
36
*35%
35%
112
*110
18
,
Nov
i—-100
:
15
Co
Paper
preferred
conv
5%
;•
18
18
18
18
18
32%
No par
,4
International Shoe
■■■>■,•
♦
18'A
42% July 12
——100
Corp——_.l
International
100
>
1,000
'
V.
19%
18
'
200
20
18%
18%
■,
.4r
137%
18 Va
'
36%
19%
*91
*120
18 Va
'
■
.>
•
93
18%
18%
18%
'
137%
5%
:
Inter Rys
630
-85%
■
18 Va
*17%
18%
•
91
91
*120
16%
1-7%
9%
9%
15
par
par
I
—
International
1,700
10%
Preferred
2,800
437%
*120
*17 Va
36 %
92%
39 %
91%
.-
17%
36 %
20%
92
45%
•
39%
39%
39%:
17%
•"19
203/a
86%
* 44 %
17 Va
*142Va
24.600
*9V2
9%
85%
;
17%
18%
134%
92%
25
35% Nov
19% July
44% Jun
20
Int Nickel of Canada
30
2034
15% Apr
Jan
>—
International Mining
27,000
92
V
'
i 96
*120
6.300
28'/a
•<■..,
13
ll'/a
100
preferred
4%
134%
4%
Jan
4
100
27%
4%
22
20% Oct
—
*133%
4%
20 Va
21%
-
9 %
85 Va
85
A.
40
*92
92 Va
9%
9'Va
96
134 Va
20 Va"
;
92%
*133 Va
20% Dec
Hydro-Elec Sys class A...
International Min. & Chem
100
76
4
Int
4,400
V
•/
Jan
—100
28'A
4%
28
Va-
Preferred
320
•17 VB
*75
76
76
400
2.400
2%
8
.No
Interlace Iron
,
No
lilt Business Machines
.—No
International Harvester
No
3,300
180
17
17
'
'
10
40
139
*120
.
28
28 Va
*133%
21%
92%
40
40
17
4 Va
4%
5
21 Va
10
2%
78 Va
*76%
134
92 %
84%
179 %
2%
>17%
17
28%
134
21%
*44'%
179%
2%
2%
2%
78%
4:Vt
21
45 V a
813/4
4
3000
„
4%.% .preferred
11,-100
:•<-
Jan
7
f 24
—„No par
Intercont'l Rubber
5,500
•
81%
179 Va
179
179
•
184
81
81%
81%
81%
:
46
77% Dec
Corp .—...No
Interchemical
700
•
105
*178
186
*182
187
187
17%
28%
84
9 Va
9
9%
"
5 Va
10%
84
9%
9%
3
17%
x92
10
6%
9 '
180
*179
28%
21%
94
6%
81%
x81
133%
133 %
104 3/4
6%
u
186
2%
5
%;
133Va
■44%
9 %
23 %
5 Va
Va
4
28%
105 Va
6%
39
15
Insuranshar^e Ctfs
300
1,000
38%
38%
38%
105'/a
6%
7
186
180
*76%
78%
*76 Va
<
38%
105 %
6%
39
Dec
Inspiration Cons Copper
Inc
8,100
•r
8%
...
Co
Steel
Inland
1.500
12
*105%
39%
2%
'
%
8%
9%
V
82%
11%
8V4
15
56
No
No
No
No
;
„
Ingersoll-Rand
6% preftrred
.
::
Rayon
preferred A
$4.50
500
400
__
82%
11%
*8%
17%
3
3
3.7
82%
11%
8%
6Va
81%
81
82%
11%
*8%
.
186
*183
.
9%
82
1,1 %
8%
105 Va
-
7
•
81%
11%
39%
105 %
105
*160%
84 Va
105 Va
39%
39%
39%
-105 Va
7 Va
8%
Industrial
>
10
21% Dec
3
series A_——
ctfs
See
RR
Indianapolis Power & Lt
40
•
■%;
2,200
105
*160%
.
.
t 1,940
106
105
*8%
12
*83o
40
*105
106%
82%
83%
11%
*39 %
393/4
106 Va
11%
83%
*105
*160%
:
.
260
32% Nov
3
25% Jan
preferred series A
i,
Leased lines 4 %..—.—-—
1,300
39%
*104%
106
*104%
'.
25
10% Jan
100
100
—„
6 %
4,000
,
RR Co_
Central
Illinois
47,800
Feb
—ruu
:—20
Idaho Power Co__
1,800
53%
.
108%
106% 106%
104'% 104%
*
*160 V3
V
40
*39%
106%
xl06
106
'
40
*29%
40%
X39%
40%
40 Va
*105
,
"V
8%
Dec
Jun
62% Nov
73 V2
Jun
Dec
182%
Aue
171
Nov 15
8
-
Jun.-
.
22%
Jan
28% May
24
Jan
44
May
34 V»
Jan
43
July
276/
CHRONICLE
& FINANCIAL
THE COMMERCIAL
Number 4345
160
Volume
RECORD
NEW YORK STOCK
Range for rrcrtaai
STOCKS
LOW
Monday
Saturday
Dec.
,8
'•a >' Dee. xo
Dec. L.i
••"•••*•••
20%,
20%
20
"
20%
30V
30 %
29%
29%
19-/9
19
.19%
80
51%
52V4
Vtt
"■[42
19
19
ri®%
*161
104
23%
29%
*29%
29%
29%
.20'%
76%
20%
19%
20%
""20 %
20%
74 %
78%
74%
74%.
51%
50%
51
50
fO
19%
.
.
"
•
,
13%
14%
42
"
42
42
102%.
40%
"
.
23%
,
:
41
%',
1,600
5.400'
Lorlllard
103
Louisville St
MaCAndrews
3
29
151
—100
64% July
5
37%
Jan
51%
11
18'#
Jan
11V4 May
V# Nov
6
16
Dec
31
Oct
21'%
Jan
Jun
16%
Oct
Nov 1 8
148'%
Jan
163'% July
15%
Jan
"22%
59%
Jan
164
5
Jan
-
Jun
20% July 13
July
3
111
Dec
4
22
25% Apr
6
21
30
Dec
11
148
Nov
13
133
July
16
28
Jan
37%
19%
Jan
30% July
24% Oct
20% Jan 12
.100
...
25% Mar
Jan
21%
.£9% Jan
—No par
NasUville.
Dec
44
Jan
17% Apr
28
.
Nov
42%
14% Dec
'
-
5,600
•
53
J
3
8 % Jan
—10
12Va
8
81 % Dec
May
48% Fed 24
—25
V
Louisville Gas St El A_
1,600
23%
I'll >:'
par
-
1,700
•
par
Nn
Jan
10
23% Nov
»_.No par
CP—
(P)
preferred—
"7%
100
164%
*163'
___JVo
—
Cement Coip-
7
1
58
,
share
21% July
Jan
15 %
36% Dec
14% Jun
—1
-
Long" Bell Lumber A_i__
Looser Wiles Bfscult>„-.
"
11.000
...
:
18%.
-•'•1-'23%'
•.
109%'■
>103
110
105
'18%
23%
'
13%
14
AT-,?
18%
164%:;./;
*163'
•
23%
23%
Loew'st Inc
Lone, ©tar
2.300
51
.
LocKiieea' Aircraft
-5.300
74%
■
^No par
Liquid Carbonic Corp__.
Corp_.
'700
V 20.200
50
41%- .;
10%
.
i,"
■■!' 164
<■162
V162
164' %;
23%. 23%'
'/•' lo*%
110
%
;";'
:
•-•74
>''
13%:.. 13%
.
18%
18%
18%
18%
18% '
182 ,r-.
%>
41
.
14%
14 ',#
23%
>;
29%
19%
1
12 V#
22% May 17
15
19% Jan -13
S per
$ per share
f per share
20
17% Nov
No par
Htrhe*t
Lowest
Highest
t per share
Par
Co—
Lion Oil Refining
900
20
-20
•;-.•>%
■
162
23%
101%
101%
:
•
42% :
182
23%
'•/>""
20
*28%
14%
14 y»..
14%
*19%'/
29%
29%
77 v-
42%
20
ne%
'
'■
19%:
19%
EXCHANGE
Shares
share
i:j>er
>:
.51
20:
x76
14%
:
v
.,'5'lV '52
42%
-
per share..
Year 1048
ftange since January 1
Lowest
-
$
'
■''
im
live Week
Dec. 22
-■
/
STOCK
YORK
NEW
Salea for
Fridaj
r,
Dee. %-lt:
.-■>
snare
I per
per snare
*
t per
snare
per
Thursday
Wednesday
'
Dee. 16
S
SALE PRICES
HIGH
AND
Tuesday
.
79
July
29
May
M
■5
*10
20%
■
Q
'■//;■
9%
>
•
9%
9%
15%
*14%
15%
24
*20%
24%
3%
3%
7%
7%
*14%
15%
*15%
9%
9
•
23%
23%
.
V-24
■•
*3%
.
5%
7%
3%
7%
77i»
1/
16%
13%
23%
2J%
11%
10%
*26 ",4
24%
8%
23%
24%
Xl0%
42%
27
24%
*27%
21
■
*21 %
•
51%
20
23%
104%
*103%
13%
-13%
13%
13 %
12%
100
%9V-»
21
116
*112%
3.0%
30'%
21
21%
*20%
21%
*51
52
28
20%
28%'
27%
,"•,
:
34%
12%
94
*93
54%
34%
34%
14%
14',a
14%
14%
14%
14%
54%
*53%
34%
53%
54%
>%4->
*33%
34
*37
54%
37%
800
>
37%
UI%
17%
*99
*93%
35
94
34
34
15%
14%
15
*53%
*33%
34%
33%
15%
37%
*106%
;..
25%
251 a
25%
25%
*35%
36%
'>'?4.% '•
25 'V
23%
23
ff;;>
Ih>
■
2'
18%
7%
7'%
25%
2 Va
2%
2%
3,600
'35%
>>:> poo
45%.
*45%'
45%
140%
*55%
*00%
17%
18.%
::0 2% 't
45%
*113
*113
*109%
*113
55
vt%
18%
2%
;.■>
2%
::>> 44%
y46>
*109%
:
44 >'
45
110
*111
mja
110
*109
'
>110
112
112
120
2°
22%
22 %
22%
22%
4%
4%
4%
17%
15t«
26>
35%
4%
16%
36
36
61%
115
*114
117%
110
110
34
>:
e%
118
110
no
109%
50
50%
39%
33%.
34%
22%
22%,
22
24
24%
24
24%
24
32
32
32
341#
24%
33%
33%
33%
9%
?>■■
9%
9%
82
*97%
99
23%
81%
13
53%
13
30
22%
80%
300
>
900
*79
80%
115
13
">
/
80.
>
5,400
13%
$7
July 10
•
29'% Oct
5
13
23
21
:
Jun
2i
Apr
27
14
Fed
29
47
Mar 20
*11%
17%
Jan
113%
Apr
10
Feb
16% May
38%
Jan
50%
Apr
14%
Jan
25%
Jun
6%
Jan
H%
Sep
6
5
13% Oct
14
9
103
18
111
Dec
14
8
8
Jan
3
13
Dec
15
Jan
10%
Apr,
82
Jan
4
10O
Sep
8
67%
Jan
89
Feb
Oct
6
60"
Jan
78%
Sep
38% Nov
10
27
Feb
34% July
Jan
12% July
Jan
42
V 70
•
19% July 20
94
3
Jan
31% Apr 28
v
15'% July 11
4
8'A Jan
4%
>25
•
Jan
4
54% Dec
Mar
1
39
Aug 10
23%' Sep
27
Jan
3
38
Dec
9
26
107
Dec
20
107
Dec
20
6
Apr
25
23% Sep
14
28
% July 10
18%
Jun,
303/'Sep
27% Jan
13
39
Aug 23
20'/
Jan
31%
4
106%
Jan
128.., July
4b
par
144% Oct
16
32% Mar
34%
Jan
Apr
9%
Jan
5%
5
8'A July
4
Apr
IS
Apr
Jun
58% May 29
.
19% Dec
19
2% Dec
12'% Oct ,26
19
Dec
12
46
13
107,
Feb
110
Abr
108% May 22
113
Nov
13
107
Nov
113%
Feb
23
112
Dec
21
114
Mar 13
105
Sep
107
Dec
9'A Oct;
5
6'A Jan
19
93% Jan
13
17% Feb
5
2'A Jan
3
5% Dec
22
22
par
111
29
3
3
7
25
19% Sep
Nov
107% Jan
par
5
24
7
Not
Dec"
92 V2
Dec
Dec
121
Jun
119
116%
Mar
,
Apr
,
106%
Nov
114 %■ Aug
V 33%
Jan
,50
31%
Jan
39 VA
Oct
13
Jan
27%
Jun
Jan
17
Jun
11
42
Oct
3
11
35% Dec
15
3
24% Jun 27
16% Jan
7
24% Dec
,
.
9 V#
July
11V# Jan
18%
21%
Jan
31
Mar
2%
20
33% Dec. 13
26% Apr 19
Jan
7
Jun
Apr
.
10% Oct
4
Jan
30%.
10
53% Nov
15% Jan
4% Jan
Ap~
Jan
113 > Aug 29
21'A Jan
—1
11 %
3% Mar
113
35% Jan
£
July
Jan
75%
Jan
41s/# Apr .26
...5
July
25
Jan.
17'%
-
119% Sep
25
114
98
Jan
Oct 17
9
117
111% May 22
Jan
*%
3%
88% Oct
74% Apr 25
8%, Jun
13%
>
39'% Jun 26
Jan
Jan
■
64%
30
Jim
23% July 10
17% Dec
8% Jan
100
par
3
4
11
Oct
17
53
Jan
77
Jun
Jan
23 %
Jun
Apr /
79%
100
_Nd par
72
_No
par
20
Aug 12
24% July
3
15
May 24
84
NOV:
6
62
par
70
100
110
Ill
116% Feb 2t>
July
117
Sep
Aug
Nov
24
8y# Jan
3
14% Aug 24
5%
Jan
11% July
43% Jan
5
53'A Oct' ,6
34%
Jan
44
Feb
11% Apr
24
Jan
5
10 /
.No par
& Bro
July
37
25'
.No
Inc...
-No
Murpfey Co (G C) ..
4%% preferred..
Murray Corp of AmericaMyers iF E)
,
10
Sep
16% Aug
.1
preferred-....^,
Oct
Sep
Jan
6
55% July
•104% Dec
97
Sep
29
19% Jan
8%
26
Corp.....
class B.,
:Jan
104
28% Nov 13
'
1
110
Sep
■; 22 % Aug
Jan
7
Dec *
Ott
36
Jan
8
V 22
7% May
12%
16
28
32% Oct
>
27% Mar
Jan
100
13
112'% Apr 13
30V4 Apr
Brass Co
MunsuigWear
55
*53
55
*53
115
US
".
13%
13 !>>;
>..
55
.; *53
2,700
M"'Hns Mfa Co
22V2
80
xll5
.12%
13%
*53
79%
Wheel
Mueller
>
44
.
21% Feb
No par
Products Corp
Motor
22%
22%
116%
79%
116%
13%
54%
:
Motor
9%
Sep
2%
50
1,100
99
60
27
Essex
1.8^0
93
Aug
19
110% Dee
1% Oct
.No
3,100
99
*97
22 V#
*115
115%
13%
*53
'•> 9%
9%
'
X22 '/#*115
;■
176
Jan
7
Jan
....
&
Jan
37
'
32
22%
•
Morris
165
11% July 10
109% Feb
10
4.710
Nov
9
66'% Dec
21% May
Jun
July
32
13
32% Mar 10
Montgomery Ward & Co...
Morreir (John). & Co—.— .No par
300.
19%
7%
43% July
24% Dec
4
106% Mar
.No
20,000
41 %
Jan
176'/a Nov
—No par
preferred series €L.
22
Apr
20
6
4% Mar
16
Sep
6% July
18'A
Jun
>
2
Mar
52% Feb
vtc_.r-No par
Corp....—
34
.
5
%
3V» Jan
8 % Jun
—
22%
24%
33%
22 >.,
>
9%
9%
9%.
*79%
23% •23%
51%
*39%
33%
'
99
99
■
■
33%
3% Jan
31 % May
29
27
4% July
1%-Jan-
116% Jan
.—
$4
110
>;
51%
5i%';
41% ■
50%
*39%
'. :
33
33
.
*23%
99
*115
■
,
30
51% May 17
par
Ry.-„No
t
Mohawk
~10
118
*
;.
39%
23
118%
115.
*114
>;
no
40
24
*80
13%
*114
51'%
34%
23%
54%
4.GOO
%
22%
82%
13%
80%
79 /-
*113
115
12
4
19% May
preferred series A.
20
Carpet Mills....
.No par
Monarch Mac.h Tool
:—
—10
Monsanto Chemical Co..__
.No par
$4.50 preferred ser A
Preferred series B
0.. .No par
100
50%
24
23%
*52
24%
110%
23'%
*80%
*115
118
110%
110%
*23%
80
*113
3
-10
.No
7%
700
78'%"
115
*115
' 117%
34%
•>:- 99
99
79»/».
•
;
May
_.__5
Products
Mo-Kan-Texas RR
56.800
36%
24
24 "v
17%
36.;;
*35%
16%
*35%
40%
9%'
97#
79
*113
115
23%
."»
33%
*97
24%
33%
24'%
33 %.
36%
23
23%
24
*35%
33%
34%
23%
4%
4%
16%
51%
50%
*40
40%
65.500
110 "a
*103% 110%-'
52%
51%
*40
*115
;
5%
4%
*23%
79%
78
115
*113
115%
*23%
6.300
16''A
24%
*113
21% T 21%
4%":
24
.5
vtc...,
B
Mission
'
.16
35%
,35%:
80
79%
115%
*113
-/'■
25'%
*24
24%
81
>,
100
110
21 %
21%
17%,
4%
4%
17:#
"
'
*24
•
iL'.a
4%
16t#
>
5,300
7%
.
Dec
Minn-Honeywell Regulator
100
4 % conv pfd series B___,
mo
4 % % preferred series C_.
100
4%
preferred series D...
Minn Moline Power Impl...
.No par
$6.50 preferred
—
40
7%
14%
Aug 10
4
-
3
20
*109
22
170
;,r.2>2_.;>2.;r5..
3.90'' pfd.._l60
St P & SS M A
Class
1,500
110
7%
110
*109
22 »■,
21%
22%
■
7%
110%
*109
■r'.
114
112
112
8%
7%
8'/#
110%
*109
110
111%
*ill
lii%
7%
8%
8%
•
112
nits.
*111
8%
;'::i 8%
iio ■■•;.-
110
*3.0 3%
>4%
110
■
113
*109%
25% Dec
4% Jan
1st preferred..—
eum
Minn
24.200
.
114
>*113
112
2%
July
3
No par
Petroleum.,
,'MnimsAs--ot
22,300
2%
2%
:
8%
900
:'-
*17
19% Jan
Copper..,
Rtfol
19
18
Co..
Mid -Con tinenfc
160
140
*138%
140
18
45%;
45%
'
35%
*34%
140
*
2%
••
; 25 V*
.">
Jan
preferred.
.50
Co..—No par
1st
Machine
Miami
3 300
25%
00
.
1°%
*113
;•■
i
18%
2%
8
45%
,
'•>■* 17%
17%
17%
25%
27
9%
Mln Trans
Metropolitan Edison
10
25%
7%
r-n
.
140
'
W--
7%
25%
»->5
140%
140
140
140%
140%
■"
7%
:■>"
7%.
7%
Jan
2
'(Then>-_w....U^-«Li..-il
Co
&
;
800
108
Co
Stores
eonv
Merch
200
.;
7%
"
7%
7%
7%
7%
5%
350'
37%
37%
107%
34%
>
9
Dec
25% May
preferred
Mengel
7.700
":
54
*33%
33%
*36%
107
107
;
53%
*106%
3 7%
37%
37%
.
loo
1.300
34%
15
,
.
;.'"v
34%
54
,
'
60
94
94
53%
>
500
6.000
100
May 17
20
37% Apr
—..100
McQuay-Morris Mfg. Co;
10
Mead Corp
No par
$6 preferred series A__—N6 par
$5.50 pfd ser B w.-w—-—No par
MelyiHe Shoe Corp..
;
—1
5%-
50
12%
*93
.:
100
,'
McLelian
600
•>;
74
17%
>17%
:>,. 12%
12%.
14%
34
37%
ya
13%
111
21
18
—__No par
..i
1
preferred
$4
104
13%
*110'A
Sep
16% Jan
%..-!•
2.100
Porcupine Mines..
& Robbins Inc
Melntyre
McKesson
24% Oct
13% Apr
..—.No par
McGraw-Hill Pub Co..
;
16
19% Apr
3
5
Elec
McGravv
2,900
27%
*103%
53%
*34
■
>>
•;>*27%
13%
•
12%
94
34'«
*33 VA
600'
si
51
104
*17%
no
.
100
93
54%
:2i%',;,
*20%
>;
*27%
*13%
*
.17'%
12%
*99
*03
93%
> 17%
100
*59
loO
*110'/#
17%
12%
111
xl7%
12%
34%
13%
111%
13
•
700
'
111
93%
51
*103%
104
13%
13%
*13%
31
•
"
*103%
164;
*100%
13
*99
27%
'
12
Jan
6% Jan
...
Meotory'Stores- Corp....
; 5% conv preferred ww
.
30%
21%
50%
32%'
1,300
Jan
19
McCall Corpr.a_-.__.i...—
1,500
;•>
116
31%
*20%
51%
;
preferred
7%
$6 1st cum preferred
,*112%
116
*112%
*30%
*31
18%
:
-V;
28
21
111
12%
'
27%
20%
13%
17%
13 :•%
*18
-
27%
■sX 20"/3
.
>
104
*110%
111
*110%
27%'
20%
116
500
■■■■'•: io
.41%;
2i%
>
>
v-
*40
•-
6.900'
>110%>
20%
51 %
20%
23%
■:.
*110%
:
8', 2
•/>:.:
27%
>
22
-8
*102%
'«
*110%
51%
32%
,5i
.
8%
40%
8%-
800
-
'
*112'%
116
*21'%
21%
■
5i Va
y.
66V2.
21
27%
27%
■>.
2t>>
*32
32%;
*31%
8'A
40%
8%
42
68%:
66%
*20%
23%
*112%
66%
>
,
Jun
Jan
6%
24
12% Jan
100
May Department Stores—.
.10
Maytag ..Co
i..—i..-—Nd par
;;>"$3 preferred
...No par
V
8%
3%
14%
4
Dec
2% Jan
-No par
Alkali Wks.
Matfiieson
4,900'
16
Mar
13
9% Dec
14
Dec
24% Mar
320
18% Feb
Co...'-:.w..*--—
Eiec
Master
"
Nov
'
'
700
•
23%
'
41'%
*110%
28
>
2*3%
315
5
L) Co.
..1
Corp—
No par
Corp———_JVo par
Masouite
Nov
21
24
Martin-Parry
7,300
2,200
*175
*175 ;
8%:
8%
42
*41V2
> 28
23%
6% Apr
(Glenn
Martin
33,200
11%
f' 40%
>
r
28%
23'A
:
>.
66%
66%
66%
>•-. 8-4
20%
113
24
*175
66%
42
;'27ti
2o%
*2t,W.
*112%
65%
>
;
5,300"
40%
10'%-
1C%
4i
*27%
28
23%
2,980 '
25%
24%
24%
•
10%
t
1,800
/'
•
15
Jun
391
Jhin
1~5%
Jan
10
5
12
19
21
Jan
Oct
22%,Dec
10% Feb
Sh i'rt— ........—.-2 5
Maracaibo Oil Exploration...—..1
Murine Midland Corp....
...5
Market St Ry 6% prior pfd__..100
Maisliall Field' & Col..."
No par
14,700
19 %
■
*110%
110%; 110%
18%
"
*41
42
18
»-_50
—I
Coai RR Co...
Bros......—..—No par
M a mil a tfean
300 >
7,%
7%
17 %
9
MaPaSi Sugar
Maodef
3%
:,'3%
■
•
40%
r
42
*27%
*175
'
7%
12
Maponing
3,ioo
24%;
*24- ■,..
6
Jan
14% Jun
'/
';T
•
Jun
14
138% Nov
5
108'A Dec
104
315
20% Jan
38% May 27
100
Magma >• Copper—..10
15 % '
18%
:
24%
10%
10'A
41
20%
«
470
:
141/2
Square
;
•7,500
>
18% ;> 19"'
••
25
2o%
11
24
8%
-9 ■■v
->
41%
.
74
42%
65%
/
65%
03%
:.
3%
.7%
17%
19
*175
.*175
3%
<■
„
;
>■
18%
2«%
•
24
24%
,"•'>>.
17%
42%
42%
2.%
24%
42%
/
*24
;
7%
19%.
2J
*370
.
15%
3%
3%
7%
24%
42%
*26%
...
%
11%
.; >23%
11
20%
19%
470
Madison
*
Dec
48
1
x26% Aug
Garden_..__No par
pfd series A
4'A %
200
<
19
;
'
18%
19
is%
*18
19?«'
*14%
.
24%
24%
19%
■
•'
9%
15%
*14
17%
10
10%
.''107'% 107%
9%
18
17%
V
.
>
32 - v
*370
450
9%
'
Maey
Feb
'34 % Jan 27
^_.._.No par
(R H) Co Inc..—.—No per
2,600
99'
135
Mack Trucks Inc.
5,400
47,%;.
31%
">
^.10
100
Forbes
&
preferred
6%
'V
'
107% A
19:" V
19%
20%
"> 19%
*350
450
*350
4u0
*350
450
,;>
20%
19%
21
20%
20%
31%
*18
19
*18
19
*107%
107%
*107%
107%' 107%
%
32
31%
32
31%
.
>18
19
*13
19
*350
>52%
.
*107%; 107%
108 >
7%
*10
20'
147%
:
46%-
47
47
46% >,'.47%.
41%
■V>'f'47%
-47%
m*
*145
'
147%
*145 :>
147%
*145
147%
*14 5
147
';,32
32%
32
.
>
48
4i%
29%
*29%
2*%
147
147%
«145
/>>
7-5 29%
29%
*23%
;
:•;•■/> 28% •j 28%
28%"-
*28%
29%
N
f.
16 lA
30%
3;%
3 .>'
36%
36%
20
38
/
11%
11%-
12%
11%
/re'/#
15%
15%
15
15
24%
24%
24%
24%
15%
20%
20
14
33 '/#
13%
32%
33'A
33%
'„•:
•
*20%
20%
20%
13'/a
13%
13%
n
.
20
/
18%
18% >
9%
.
13
)»%
1 *>
13%
13%
12%
12%
13
13%
13'A
13
12%.
13%
2a4a
25%
; 24%
23%
24'/a
24%
23%
24%
23%
*11%
12%
*11%/, 12%
*11%
!
22%
22%
*11%
12%
*11%
38%
37%
37
37
22 Va.
-"
24%
24%
*178% -179%
161
*157
*16%
17
.21%
*16%
•'•
21%
178%
178%
161
157%
33 Vi
7'/a
67 %
21%:
,
21
33
21%
33
'
67
7VB'<
7%
.7%
J 67
•
36
.
1
14%
14%
13%
14%,
14%
26%
26%
26%"-.'.'
26
26.
25%
26 V#
26
93%
94
93i/a
94
93%
93%
93
94
94
*97
97'A
97 V*
;
11
15%
32
*31%
*103'%
104%
67
*63
98 'A
98%
15'A
*31'A
104%
*64 y4-
107'#
10'/a
10'/#
10%
15%.
15
15%
15%
15
1?
32
104%
*103'/a
*64%
66
*10
■
32%
104%
104 Vat
32%
104'/a
*64%
66
66
15
.
*31 Va
,10%
'
*64'A
107
107
107
107
107
107
108
106
*104
106
19%
For
19%
33'a
19'A
19%
19%'
footnotes see page
2771.
33%
19%
>
18%
19%
'
900
33%
33%
13%
18%
-
.
;
3,100
15%:
32% '
j,
105
30
4,000
10 %
'
„
•:
400
40
66
107
-.
•
~90
107
*104
\
106
106
*104
*104
*103%
33%
,;
'
'•10%
66'A
66
*107
33%
750
-
.
100 ">
15'/a
105
*104'%-' 105
106
33%
'
*31%
:
323A
108
33 %
94
94
4,700.
,
15%
.*10
15'A
*103 %
33%
'
3,500,
21.300
,
;
.
*106'%
33 % -
68'%
*98%
10'A
21.300
>'7%
27 '/a
>•
-
32
1,100
26 Vi
10%
10%:
10%
10%
2,20(1
33
-14%
.
99'A
*98
98'A
10%
11
■
10%
15%
*97
10%
10%
'
11
98'A
.14%-
500-
(...'A
,
7.V#
66%
14%
26
30
i-
67%
-
14'A
'
'
33
67'A
26
560
14,300
130
20%
' 20%
r
143/4
"*S3
159
*16%. '17
17.'-v.'.:'
68
.
9,400
102%.' 103 A
159
•
14%
:
400-
,/V
;
13
'
67%
.
10,900
36%
12%;
*32%; 33% >
7 '% 7
66%"
67'A
66%
Va
33
7%>;
■
Bdnd
Nat
106
33%
r,r>n(-s»ipIer
18 7/#.
.
:
.->
National, Cylinder Gis Co
i%a*
preferred—
—
conv
S21 cdnv
5 % '7o
6 %
1
Natomas
4,800
Newport
No par
—.L
Industries..—
23
181
Dec
14
Jan
176
21
Dec
21
16%
Nov
21 %
Jun
Jan
10%,
Sep
Dec
Mar
1
Feb
17
3
ro
J
29
26
9
Feb
/
Jan
,
L8?#
Jan
297A
10%
Nov
13% Aug
9%
Jan
14% May
14%
Jan
21 %
6%
Jan
15%
Sep
12
Dec
36
Dec
14% Oct 14
25% Dec
12
'•;.,
37
18
A 159
;T4
>
5% Feb
17%
11% Feb
20
> 30'% Mar 16
79% Feb
4
94
83'/a Jan
6
98'A Dec 20
3
4
11% Nov
9
Mar
18'
2
llVa July 12
13% Jan
3
18% July 11
Jan
4
32 Va Dec
20
96'/a Jan
12
105'/a Oct
26
Jan
4
106'/a Dec
15
Dec
11
22
56
104
27% Apr
16'A Apr
4
24
68
,
Nov
6
110
Jan
22
104
Dec
Jun
22
May
27
Nov
36
Jan
2%
4
■24% Nov
150
Jan,
Ja
n/
22
July 10
Jun
64'if July
5%
Jan
15% May
.
,14%
-•
Jan
28'% Jun
57
Jan
80%
Jun
62
Jan
88
Jun
2%
Jan
6
Jan
9%
Jan
7%-May
10
lA' Apr
19%: July
16
Jan
25'%, Oct
74%
Jnn
98%
37
Jan
11
34% Dec. 11
7»A
Jan
52
July 20
.,■>*17% July 10
5'/# Jan
Dec
178% Julv
Jan;
/ 14%
Jurx 28
DeG
20%
Jan
137
•:' 70 1
.
Jun
Nov
14-'. •' Jan
Jun: 27
7% Dec
Sep
11'A
90%
160
Dec 22
34
29'A
Jan
.
Dec 14
23
Jan
e
22'A July 17
19
5 V
7 V
Jan
70%, Jan
5
4
37% Feb
i
*25%
5
27
Jan
17% Apr
9% Mar,
11
25 % Jun
July
'
14
■104% Deo
141,
28'% Apr
Dec
14% July
.
/ 181
1
»:•
Mar 15
37% May 24
xlG'A Sep
i
19
24% Dec 20
>•
Feb 25
.
Sep
18
•164
'
July
23% Aug 21
11
-7
87'A Jan
19
5
13"/ July
33% Aug 31
1-
5
3
Jan 25
182
5%
17'/a Apr
18
Sep 14
Apr
30'A Feb
—100 +
Co.^.__T_^—...—No pa\
ivlining Corp—
Jan
11% Jan
—10
—No par
Net«ner Bros Inc.
....1
4% % conv serial preferred—100
Newberry Co (J Jl—.—:—No par
5% preferred fierlps A
J 1nn
New Jersey Pr & Lt Co 4% pfd.100
iNewmuiH
15%
13'A Jan
preferred..!—!
...40
preferred.—10
Nehi Corp—
Jan
9
.
Co—10
National Tea Co
Feb
8'%
24% Dec
Feb 11
19 % Jan ■; 3
CPA———A— il t
preferred—No par
preferred...
13% July 12
15% Dec- 21
8%
4
xlO
prior conv
prior
13% July 10
2
xl l 'A
preferred A
A—100
6^ preferred B„i.——.100
National Linen Service Corp.—1
Nat Mall & Su'I Cast Co
NO par
National Oil Products Co.
_J—.4
National Power 3c Lt———-No par
National1 Steel Corp—
—.25
National Supply (The) Pa—.w_10
12'/# July
8
26
National Gypsum*
$4.50
11 'A July
Jan
165
:•
7%
Jan.
19
20
29% May 18
Nat Enam & Stamoing—
National Lead
Apr
5%
20 % Dec
9% Jan
Products——No par_No par
Nat Distillers
Apr.
19%
19% Dec
8'A Jan
——~No par
Stores^.—No par
Jun
40%
Dec
3
18'
fiooucts
Dairy
National Dept
15%
Jan
20
9
-'1
■
Jan
13
10'/a Nov
•
>':
6%
23%
17% July
13% Jan
—10
—No par
',
5
41% Dec 22
18% Dec
Corp__j_No par
Share
Cash Register;
1,900
33%
18%
&
Can Corp..
National
6^
12
*11%
*•
*20'4 ; 21%/;.
V i; 21'A
33.
161
*16%
■
-
19,700
'
17
17
17 >■►■"'•
"*16%
17
21% ;
9,800
;
';• / 24'/'ar 24% "
*176 V 178VA
178% A
^157
3,300'
,
23%
,
Nat
28
preferred/.—100
7,200
*34%.
24% >
178'A
157%
13%
15^00
25%
.,
"
178 VA
*157
7?8
,7%
7%
*178'A
.
33 '/a
32%-
*32%
178'A
3,000
36
102%
24%
24%
24
24'/*
24
13%
33
13
>
">">'
'•:
13',
101 Va
101%' 102%-,
102
102
36
500-
21 %
.
__..5
Louis—..100
National. Acme Co——.1
National" Airlines
—A—^.1
Nat Automotive Fibres Inc..—_1
6% conv preferred—....
.10
National Aviation Corp
.5
National Biscuit CO—*.*—■-lO'-'
Nasb-Kelvinator Corp
Nashville Chatt & St.
7%
.12%
36%
,12%
.13%
13
13'A
13%.
:
1-
8,000.
25%
'V-',;
35%
36%
*36
12
184
•.;•'•;
'/:> '•
".'22%
,
-
36
36%
35%
36'A
161
178'A
22
23%
36 Va
36'A
102% 103 - 24%
24 %
*151
■
36%
13,'A
13
103
12 '/a
37
36%
36%
*36
13%
13%
*102%
•
\
24
13
-
25%
25%
25%
25%
25 %
25%
'■2o%
>/4
4,900
13%
13 'A
33%
15%
22'%
13%
,19%
5,600
4,700
2,500,
*2G%
33%
y>%
-/
12
*180
13%
33
4,800
23%
•
21
33
-
12
•
184
:"t;
'
15%,
24
21
2,850
9%
9%
-
.
15%
23%
.
12
tit/4
' >:
18%
9%
33 V#
22%
T>
19%
*130
14
•
V
15%
20%
13%
19%
20,200
41%
11%
lo4
*180
184
180
20
.13'A
20%
13%
184
>:;■
24 '/#
24
.•24%
24%
*
*180
184
15
15
33%
40'A
18%
19%
9%
11%
9%
11%
15%
19%
;
20%
r%
9% •:S%
'12
1U
.
11%
*180
20%
36%
.
15%
37
15% >15%
15%
18%
10
9%
9%
-.
20
20
19 %
4
15%
20
16
15%
3 >•%
15%
>;>
15% >
15%
57%
106% Mar
26%
Jan
37
10%
Jan
19
Nov
Sep
Aug
114
%'
Apr
-'3
Oct
S
$ per share
50
22%
28%
17%
17%
*
17%;
-
44
*164
168
41164
*
44
108
44%
44%
88
*85
88
19%
*121
121%
9%
9%
*3 7%
213%
19
54
6%
30%
13
13
38
121
19%
Certificates
40
53%
>
9
9%
114%
113%
of
dep
37%
100
Noblitt-Sparks
770
Norfolk
122
160
18 74
114
*1201/2
19%
54%
54%
53%
*53%
53%
200
9%
10 y«
9%
9%
.
*50%
52
12%
.
106
106
__
108%
108 7b
108%
10%
17%
26%
26
12%
7
10
20%
20%
21%
70,800
113%
114%
114%
160
30%
49
49
>6%
31
30%
12%
4,500
12%
Co_
Northern Pacific Ry
Airlines
Northwest
I
1,200
I"
3,000
Ohio
Edison
12,700
Ohio
Oil Co
1087a
109
1087a
17 7b
177a
1774
177a
2574
25%
25
25 7a
24 7a
25
106%
106
106%
-
117b
'
117a
10%
•
*108 7a
V'/v 107b
108
109
10%
107a
14%
24
23 7a
10%
14%
:•
13,600
>
23%
160
14 7a
23 7a
23 7a
800
108
108
147b
6,200
1067» 1067b
108
14%
7
137a
137b
147a
2474
23%
24
24
1567a
157
*156
46
*43
4674
43
*4274
45
76
*75 7b
76
757a
757b
*.75 7a
76
59
5874
5974
58 74
58 7a
147a
*13 7a
147a
-13%
13%
400
-12%
12 74
12%
4,530
46
*15674
*43
47
*43
46
*73
76
*75
76
59
59
587a
5974
587»
14
13%
137 a
*13%
*4274
"
*75
V;
.
59
587b
♦156
*156
•
*4274
30
'
<
3,100
;
convertible preferred—100
Omnibus Corp (The)—
a
8% conv preferred A
100
472%
preferred
6%
—No par
100
5
1
Co
Outlet
No
11%
12
12
127a
43%
45
43%
477a
25
15%
35
47%
'
417a
257b
247a
2574
247a
25
15%
15%
157a
347b
35
9%
Jan
18% July
56
Oct 20
54% Dec
5
497a
Jan
5674
Jun
Jan
56
Jun
Nov
14%
Apr
Jan
6
July
12
53
Oct
16
Jan
45
Apr
8
16
Jan
27
10
109
Dec
4
15% Sep 14
23% Nov 16
105% Nov 15
8% Apr 18
24 72 Aug 28
15%
Jan
21%
Jun
157
Sep 26
437b Dec 12
142
Jan
154
Sep
28 Vz
Jan
38
Apr
757a Dec 21
46
Jan
67%
547a
Jan
64
10,100
*16%
17%
*16 7a
*16 7a
16%
*16 7a
167a
100
5%
41,600
Packard Motor
11,200
Pan American
17
57b
'5%
34%
5%
109
109
'•r
5 74
56
56
297b
29%
297 a
297b
29%
35 %
35%
35
357a
3D
35 7a
22
7%
17b
*30 7b
*22 74
227a
*22%
22%
2-2 7 b
227a
7%
7%
7%
77a
20%
Jan
137b July
137b
55
25% Dec
19
1474
Jan
207a
100
Penick
&
107 7a
10774
103 74
10874
22%
227b
'
67%
18%
18%
18 %
19
X6974
15
667a
*18 7a
*112
6974
70
15
*14
14%
7a
4
67
19
*112
*18%
.
9,100
2,100
Penn
900
700
*18%
19
4 7a
6674
19
100
3074 '
307a
307a
30
30
1,100
31
*303/a
69%
69
69
6974
6974
6974
900
15
14 74
1474
14%
1472
14%
16%
4,800
6574
65
65 7a
65
67
10,200
187b
18
18
18%
19
2,400
65%
66 74
65%
66
6574
6574
65
19
18
187b
18%
19
18%
,
*69
.
95
95
94
94
94
94%
91
91
917a
91%
92%
65 74
62
63
64
65
62%
6474
6174
627a
63
64
26%
267a
*2674
2674
267»
26 74
*26 %
8
~8
8
7%
974
974
9%
65%
G57a
65%
65
25%
25
25%
2474
25 7a
9 74
25 Vb
*58 y4
*107%
774
8 Vb
66
*9
66
2674
*106 7a
*10672
*106'/a
8
•
27%
*26 7a
27 %
*106%
59
58%
59
*63
7a
2474
774
974
64
T25
57%
587b
5874
58 74
108 ]4
10874
1077a
1087a
9 7a
9 7a
2674
—
1087b
1087b
103%
-
.
400
8
6,100
9 74
1,000
63 7a
700
247b
247b
24 7a
2574
21,300
58
5774
58
*107
10774
.
Eastern
Pepsi-Cola
(Chic)
Ry
460
58
150
1087a
Co„_
Co—_—
Pere Marquette Ry Co
preferred
7a
107%
&
5%
62%
9
RR
Peoples G L & Coke
2174
2074
207 a
207a
20%
207a
2174
207a
2074
£0%
2074
50,400
26
26
25%
26
257a
2574
25%
2574
257a
257a
257a
2574
2,000
$1
5,500
Philco
2,100
Philip Morris & Co Ltd
119%
34
94%
*
104 Vz
107%
,
33%
957a
9474
*104'%
105 7a
*107%
108
*107%
*13 7a
15
14%
116
*111
*111
34 74
95
95%
105 7a
119 7a
33%
347a
94 7a
107%,
*116
118%
*104 7a
95
105 7a
116
*111
*116
34%
33%
15
*14
119%
*116
34%
95
*10474.1057a
108
*10774
*13%
147a
116
*111
109
157a
116
44%
45 %
12%
*12%
*25%
26%
2674
44
4474
43%
44%
13
44
44%
*12%
1274
1274
12 7a
12%
*257b
2674
257b
26
2674
*116
33 7a
93%
10474
*116
119%
3374
33%
94
94
108 74
15%
*110
43 7a
*12
257b
*13%
*110
116
437/2
447a
*12
12%
1077a
*107
10774"
*106 7a
107%
*106 7a
107%
135
*105
135
*110
135
*111
135
*111
86
8674-
86
9%
9%
,
16%
167a
*170
,
88
97a
90%
•<<
88
9 74
974
89 %
89
89 72
167 a
16 74
1574
16
*89
1574
674
91
974
*674
87
9%
674
672
877b
8872
9
97a
897a
89
16%
*88
90
15%
15%
15%
*170
*188
57«
6
8%
200
500 4
*170
*189
Pitts
5,700
89%
7,300
6 %
9 7a
2,800
Pitts
80
90
1574
1,900
57a
574
5%
574
5%
4,800
874
9
874
874
87b
8 74
2,100
160
100
97
97
97
98
54%
53
55
54%
56%
557«
567a
557b
567a
5,070
697a
69%
70
70
717a
70%
71
71
72
2,210
22%
22%
22
22
21%
22%
20%
2274
20%
20%
20%
21%
*175 7a
*99
*176 7a
*175 7a
*97
100
1
*176 7a
*176%'
3,000
'
1374
13%
100
13%
147 b
1474
14%
14
1374
14
8074
8074
80
80'%
82
82
81
81
17%
18
17%
17%
17%
17%
1774
177a
'/a
*80
177a
13%
82
177a
9.800
180
3.300
100
*2374
247a
*23%
127-4
12%
13%
127a
1274
1274
12%
6.400
Poor & Co class
177b
18
17%
177b
1774
17 74
17 7»
17 7a
9.900
Pressed
*23%
247b
24%
B
17%
1774
17%
17%
*17%
18
*17
18
*17
173/4
200
5%
conv
1st preferred.
55 7a
55 7a
*53 7a
54%
54
54
*52%
54
*51
52%
*51
54
400
5%
conv
2d preferred
57
577b
57%
*17%
*118
17 y8
18
1197a
17%
57%
5774
119 %
*118
118
177b
16 7a
167a
57%
118
16%
57%
11R
167a
5774
lis
167.
57%
*118
16 74
57%
3.100
1197a
150
16 Vb
16%
27,500
1.440
57%
57%
*118
119%
16%
102 %
102%
102 7a
103
1027a
103
102%
103
102%
10374
102%
103%
107
107
107'
1077a
10774
1077b
1077b
108
1C774
108
108
108
lid7b
109%
110%
1217b
12074. 121
110
1107 s
110%
121%
121%
12174
For
footnotes
see
.
111
110
11074
121'%
121%
121%
page
2771.
4
liO'/a
121
460
109%
.
110
790
120%
121%
780
32!b
Dec
14
177a
Feb
24%
17% Mar
113
Dec
Apr
Sep
617b July
7% Sep
287b
Jan
16
57a
Jan
167b May
Dec
15
34 7a
Feb
657b Dec
16
19
587b May
41% May
5
23
28% July
5
1077b Nov 21
974 Jan 12
10
July 14
68
Dec 13
25% Dec 15
59% Dec
8
108% Dec 19
21% Jan
J| Jan
Feb
6% Jan
57a
Jan
20
Nov
37
Jan
68 7a
Jan
59% July
267b May
10%
July
8 74
Jun
29% Mar
x51%
Sep
Sep
22
Dec
25 ?3
Sep
13%
26% Oct 21
119Tb Oct 21
9 l7/a
18% Aug
247a Oct
3
2674
Jun
Jan
104 7a
Nov
113
1097a
Jan
1173/4
Jun
Apr
71
Feb
Feb
14
July
Jan
100
July
42%
Nov
50
Apr
37a
Jan
10 %
July 11
106% I^ec 15
187a
Jan
26
May
Jan
102
Jan
—
774
SI
10%
90
17
171
190
6Tb
102
—
Jun
Dec
Nov
Nov
Dec
29
3%
Feb
20
3474
Jan
30
5
30
9
Mar 4
Aug 22
July 3
59
9% July 5
100
Dec 22
61% Jan 10
6% Apr 25
82
Sep 14
45 "
57%
117b
175
72
Dec 22
22% Aug 12
Nov 15
147a Dec 19
175
.
83% Nov 30
»■..
97a
Dec
9
Mar
Jan
777b
Jun
Feb
15% May
1687a Nov
Nov
Jan
182
Aug
4
v
1687a
170
Jan
4% Jan
59%
24
56
Jan
52 74 May
Dec
Jan
1507a
Jan
1%
20
10
19
19
3
14
Nov
10%
147a Jan
Dec
Dec
21% July
Jan
237»
Apr
Jan
13
Jun
Jan
13% May
48'/a Jan
114%
11%
757a
85%
96/a
1087a
Mar
16Tb Mar
7474
6/a Jan
24% Jan
10
75
168
Jan
1874 Dec 12
557b Dec 15
Oct
July
Oct
Oct
11372 Nov
12274 Dec
July
Jan
18
4
6j-
July 19
Jun
10 74 May
90
77a
20
6%
Jan
197» July 11
59
7% May
Jan
25
May 29
137a Dec 20
187a Dec 13
121
18%
103%
109%
Dec
68%
16% Sep 14
116
Jun
July
7%
5
No pan
907<
797a
167a July 14
117
Nov 21
48% July 8
28
Jan 27
61
Jan 13
77b Apr 18
68% Feb 25
117b Jan
4,
1647a Jan 25 v
183
Apr
3
4% Jan
3
Sep 14
May 3
Jan
6
Nov 15
87a Jan 26
69
May 16
Oct 20
14 74 July 15
4
Mar 25
i3V4Jan
3
877a Jan 3
96
Jan
3
1047* Jan 4
1137a Jan
3
Gamble—
1 ser of Feb
Jan
July 12
52% May 19
&
pfd
Jun
23 7a
Aug 15
No par
5%
Jan
108 74
96
-110
115
1 '29)
100
Pub Serv Corp of N J
—No par
$5 preferred—
-No par
6% preferred
——100
7% preferred
—
100
8% preferred
—
100
Procter
1374
10
July 10
11% May 17
35 7a May 19
2474
3274
187a
Jun
18
No par
^
Oct
3% Mar
45
37
5
50
*23%
127 b
177a
Jan
9%
197b Dec
6
1
24
12%
18
1% Jan
33 7a
Sep
20% July
20
96
6
15,
326
24
3
5
16
Steel Car Co Inc
24
12%
Aug 14
697b Dec
19 74 Jan 15
8% Apr 25
117a Apr 25
Pocahontas—
17%
25
■■
-
Plymouth Oil Co——
•12%
*23%
>
7%
Pond Creek
Nov
37b Jan
May
.10074
Jan
.
5
Pittsburgh Steel Coi
—
13
1
Apr 24
Jan
3
Jan
4
Jan
5
„
—No par
preferred class B__
i—100
5% preferred class A
—100
57a% 1st ser conv pr pfd_—-100
Pittsburgh & West Va
-100
Pitts Young & Ash pfd
.—100
Plttston Co. (The)
1
Preferred
.—100
300
Jan
Feb
105% Nov 18
No par
574
67
18
Chic Ry
preferred.
No par
.
1
—100
^—100
8%
5274
17%
Forglngs Co
57b
67
.
preferred
874
54 %
81
$5 conv
574
96
•;
__
80
6'/a May
70
23 7b Feb 23
100
—100
preferred-.
& Chemical Co—No par
607b Mar
3
9
RR—_100
Coke
Pittsburgh
7%
95%
*79
& St Louis
Pitts Screw & Bolt
66
137a
C
Pitts Ft Wayne &
*189
53%
13 y4
C
Pittsburgh Coal of Pa__
Dec
82
Feb 25
104% Dec 21
10772 Dec 12
—25
No par
1
preferred
517a
5
Jan
24% Jan
5
Pillsbury Mills Inc
29
32
H74Feb 14 '
x98
Jan 19
427a Sep 15
Hosiery
Pncenix
19 7b May
Jan
Nov
1%
May
Dec
Apr
May
1%
9
18% Dec
23% May 13
117
Apr 26
87b
87a
*175%
Phillips Petroleum
$4
*170
*189
6 74
Phillips Jones Corp
1% preferred
Jan
2%
33 7b Dec
No par
...TOO
3
10
100
100
5%
'
5 7'a
8%
*170
*188
*170
*188
v
97+
*87
887a
*87
,90
974
67b
10,900
135
*106%
*105
67b
100
10774
135
674
series—
12%
25%
1077a
67b
series
472%
44 74
25%
*105
6%
4%'/»
Preferred
16
72%
32
16%
29
112
No par
—100
No par
Preferred
40
■
116
25%
*106%
6%
15 74
Corp
60
108
*10674
6
94
104 74
108
108 7i
*13 7a
33%
104%
10474
preference- com
4preferred
119%
19
Jan
46%
207a Feb
49% Jun
887a Jan
1 No par
Electric Co. com
Phila
July
5
7% Jan
Dec
July
Jan
Nov
July
30
Jan
17
July
4
45 74
Jan
16
40 7a Apr
—
157b
Dec
Sep
11% Oct
113 74
106
17a
5
.
Jan
16% Oct
23% Mar
7
Jan
6
105Vb Oct
—100
Petioleum Corp of America
L-5
Pfeiffer Brewing Co
-No par
Pfizer (Chas) & Co Inc
—1
Phelps-Dodge
Corp
25
Philadelphia Co 6% preferred—-50
$6 preferred
No par
2nd preferred
100
x707b Nov 29
Mar 17
46
10 7»
54Vb
33%
Jan
357<
17% July 14
Mar 17
Mar 17
Jan 15
Jan
4
574 Jan
No par
Pet Milk Co—
20%
*116
16
11074
25%
217b
55
100
50
5
100
100
1
100
100
100
2
5
24% Dec
9
No par
1057b Jan
177a
113
5
Apr
43V* July
15
27 7a
597a Dec
10
37% Feb
No
2,500
63
974
par
-No par
Peoples Drug Stores Inc
Peoria
Jan
8% July 12
19
3
Sand Corp
Pennsylvania
Jan
20% Dec
18
97a Jan
2% Jan
prior preferred
63
974
13 7a Apr
preferred—
4747*
8
77b
Glass
Penn
1
10
Cement
pref ser A
conv
Jan
77b
5
23 7a Jun
7
Corp
Airlines
5%
*106 7a
*106 7a
$7
93% Feb
Coke Corp.
1,300
9374
64
;
31,600
33 74
32%
33%
&
Penn-Dixie
5%
>112
327b
Coal
par
No par
Co
Penn-Central
147a
*4
33 7a
V
23
14%
*66
4
677b
*112
„
(J C)
Penney
No
Ford
227b
147a.
3274
337b
19
7a
4
67 7a
*4
4 Va
47a
67%
*14
1,600
109
109
27b
2% Jun 27
317a Aug 18
1874 Feb
7
4Tb Jan
3
15% Apr 26
51VaApr 10
Transportation
Parmelee
5972
474
69%
69%
2.50
No par
10
Parker Rust Proof Co
*58%
67 7a
30%
*30
500
22 7a
'
July
3774 July
26% Apr 28
59%
4 7a
*30
*22
61
1 % Mar 27
No par
*58 7a
66 %
3074
2274
Mines—1
Co
597a
15
30%
*22
&
Davis
*58 7a
23%
32%
Parke
Mines & Enterprises
1474
33
3,600
Patino
22 74
32%
30%
5174 Dec
67b May
17 7a July
Jan
237b
9
1,800
1474
3374
Park
30%
9
8
Dec
Consolidated
Utah
5,900
307b
37b Jan
7
30
Inc ex-privilege—1
Park & Tilford
2%
30
Aug
367b Dec
23% Jan 27
27
Sep 16
41,500
157a
*
5.800
•
17b
67a
1
109
107%
*112
36 74
1%
1%
147
11
Inc
Pictures
Paramount
7%
2474
*14%
Oct
177a Dec
16
197a
1474
33
Sep
160
Dec
77b
237b
18%
1197a
Dec
109
187b
15
68
Jan
5
Jan 10
7%
24
*18'/2
917a
Sep
7% July 25
103
19%
14%
*112
12
163
100
7%
23%
*
1237b Dec
;
xiey4
109%
%
Apr 27
Jan 11
Jan
3
Feb 29
par
preferred
conv
28% May
Jan
11474 July 13
5% Dec 15
77a
24 74
4
-2974
4 %
Dec
457b July
19
8% Feb
1
Jan
317a
Jan
15
3% Jan 27
No
167b
Jan
42% Dec
>7. 28Tb Apr 25
Ref._
&
Mar
10
18
Inc.
Cos
10
;
15
Sep 26
Jan
8
Jan
3
Jan
6
59
59
109%
.
13,400
Prod.
Paraffine
15
2374
3
Dec
48
45%
109%
2%
45
207a
109%
68
167b Oct
35
Apr
July
25% May
Dec
—5
5
Line_—No par
-100
preferred
Panhandle
tly
197a July 17
Panhandle East Pipe
5.60%
Jun 13
33
No par
Car
Airways Corp
Petrol & Transp
Pan-Amer
1177a
149
4%
12%
1
10
Oil Corp
Western
Pacific
77a
237a
*4
preferred
Pacific Tin Consol'd Corp_,
19%
77b.
197b
59 7a
10
36
30%
200
?
*109
29,
30%
19,700
1.57
36
307b
197b
*56
29%
109'%
147a
180
5%
57b
5-74
56%
3574
1%
30%
*58 7a
5
29%
30%
59%
800
2,900
112
37
17a,k
2
30%
20
19 y4
*58 %
137a
4974
13%
49
29
'22%
30%
34
112
*109
35%
*
2
17.8
2
1374
49
112
*55%
*109
*109
*109
574
57a
5%
57
>?9 %
17a
1374
49
*111
112
29 7a
*
57a
337b
4974
49
*111
*56
58
*57%
574
347a
6%
par
'
5%
57a
57a
58
111
5%
337a
13%
13%
50%
1117a
507a
50 7a
1117a
34
14%
•*13%
1474
50 7a
1117a
574
347a
5%
574
3474
17
•
Oct
July
Jan
15 7a May 3
30
Jan 10
——100
100
Telep & Teleg
70
674
12074
Dec
Jun
Jan
Pacific
161%
67a
Dec
10%
7%
410
12074
*161
105
678
25% Jan
67a
/ 107a
Jan
Jan
237b
No
16174
Jan
37a
4
Mills-—
1207a
3%
69
14% Dec 20
19
Pacific
67a
217a July
28
1,900
16174
Jau
487a Jan
427b
120%
Oct
Apr
417a
6 7a
1474
14% Sep
417a
162
Jan
117a
1087a Oct 16
7 11% July 19
108
Dec
5
3
3
*40 7a
121
8%
13
•
417a
6 7a
4174 Aug
10Tb Jan
872 Jan
417a
1207a
31
-.
64
41%
*16174
5
207a Mar 22
28% Oct
5
3
6%
237a July
Jan
39% Jan
16174
1167a July
Jan
No par
120%
Jan
107
157a
Lighting Corp
67b
18% May
x3 74
Pacific
16174
:
Jan
36
July
7
39
Sep 19
1774 Jan
3
preferred non-cum
No par
2nd preferred non-cum—No par
Pacific Finance Corp (Cal)
10
Pacific Gas & Electric
25
'120%
1474
-7
1st
6%
7%
13
1,300
34%
58
3,300
Dec
Jan
11
47%
57»
14 %
200
347b
101
91V4
507a Dec
46%
3474
51
34%
8
31% Dec
477a
5%
111'/a
3,070
16
*15
48%
115% Apr 24
3
*46 7a
35%
14%
7
16
35
Nov
6
1
47%
51/4
50%
347b
25
2474
July
192% July
122
Jan
15
47%
347B
111'/a
*15
740
38
Jan
1627a Jan
16
■
Co
161%
17
17%
*mb
45
Dec
113
7
106
Dec 15
217a Dec 22
417b
121
67a
6%
6%
46
23
Dec
26% May
12% Nov
11% Oct 23
47%
4174
*161
•
457b
Coast
Dec
May
55^4 Feb 29
5
10
Pacific Amer Fisheries Inc
Pacific
Dec
32%
26
<•
19% Dec
9
*47 7a
48
120 74
121:%
161%
47
12%
35
35
48
42
42
121
4674
12%
*15 7a
35
48
*161
48
247b
16
34%
23%
15%
347a
12%
12 74
12 74
47
*15%
24
23
*13 7b
14
13
Jan
122% Dec
p
*13%
Jan
54
317a Apr 26;
<64
Jan
8
par
12.50
Co
Glass
Owens-Illinois
Jan
6%
16%
Jan
9972 Aug 8
8% Jan 18
181 Apr 19
147
May 10
10
Outboard Marine & Mfg
20
,
14%
Jan
Jan 26
104 72 Nov
No par
—No par
Otis Elevator
13 74
23%
•
pfd_.—,100
Oliver Corp.
3,400
13%
24
74% July
77"
£
Oppenheim Collins
13%
26% July
Jan
63%
10
12 V* May
2.50
4.40%
Co
5,400
24
.
Jan
40 74 Jan
•
50
Preferred
May
11
177a Jan
50
No par
Norwich Phdrmacal Co
12%
May
3774 Feb
4 74 Jan
No par
—
Telegraph
Northwestern
20
287a
100
Jan
4
xl374 Jan
3
112
Jan 31
$5 pfd_lVo par
States-Pow
Northern
3
7% Jun
50
100
Northern Central Ry
Norwalk Tire & Rubber
12%
52
Jan
15
51% Jun 27
1
90
17%
106
106%
108
*108 7a
50
50
5%%
North American Aviation
447i May
102
31%
15
857a Dec
3
4
15% Jan
Jan
10%
Dec
1987a Jun
116Vb Jun 29
-10
3,700
52
*50%
52
100
pfd
non-cum
6%
6%
1474
*156 74
4
Ry
49%
*49%
>
6%
177a
17%
10%
108
108
108
109
*108
26 74
1067a
117s < >
107b
107a
108
*107
18
106 Tb
106
106%
Oct
1474 Jan
33% Jan
1337a Jan
preferred seriespreferred series
6%
•
33,900
i.
20%
*50%
52
12%
Adjust 4%
400
'
6%
6%
6%
*12%
267a
26%
26
106%
75
Deo
NOV
14
85 74 Dec 21
22% Dec 22
: 477a Sep 26
215% Dec 15
3
1
5
100
21% Mar
12
94%
132
19
Jan
North American Co
29,300
19 Vb
30
31
49%
*49
49%
6%
*50%
17%
18
Jan
52
Industries
Western
&
7/>0
108%
129
„
Shlpbidg Corp part stk
2151%
113%
21%
30%
31%
;!
Y
37%
19%
*53
N
20,000
*54
18%
*106
20%
13 %
108 7b
1087b
—50
a.—100
Co
$ per share
277a
15
29% Dec 11
187a July 3
44% Dec 16
118
2478 Jan
3
11% Jan 27
307a Jan 22
par
No par
RR Co
214%
.
54i%
*53
52
13
Lack & West Ry
35% Dec
4
3
Jan
.
& Harlem
Y
19% Jan
62
No par
No
preferred
N
20
22%
21
121
21%
*49
6%.:
6%
*50%
85
21%
214
19
9%;
30%
31%
49
6%
85
21
121
*106
*114
48
52
85%
par
t per share
share
per
17% Nov 13
108% Nov 27
507a Aug 22
23% Dec 20
8
100
Dock
York
$5 non-cum
Jan
100
N Y City Omnibus Corp
N Y
85%
213
53%
207b
20%
31%
*50%
85%
No
Central
preferred series A
New
500
168
86
'i *37%
38
55
9%
114
49
31%
*48
*163
6%
200
;:<%
No par
.
N Y Chic & St. Louis Co
1,900
18i/4
43%
213%
*54%
*106
114
114
*15%
*42%
121
19%
53%
9 %
19%
20%
20 y2
*113 7a
28 Vb
18%
43 7a
213%
55
*54%
54 %
9%
York
5,700
168
85%
21%
*37%
38
214%
121%
*121
*106
*106
•
New
13
97
Jan
5
357a Apr 25
15% Jan
3
No par
Brake
Air
1
54%
•
.
172,300
4,400
28
29
.
•
¥ork
35%
*85
88
20%"
21%
.21
54
54%
*34%
'
!
New
$
Highest
Lowest
Highest
S per share
Newport News Ship & Dry Dock—1
1,000
115%
34%
114
*163
88
88
/
168
*85
19%
19%
55
55
*53
*164
121%
*121
19%
19%
*43
*84
214%
214
*15%
?
88
39
*37%
39%
215%
>
168
20%
19%
20
*37 %
43
■
*84 %
i*164
v-
88
*85
*214%
,;•?
85%
85%
85
44%
28%
18%
43
,*16%
17%
16 %
*43
231/4
114%
114
29
28%
28%
28%
28%
23 %
17%
*28
22%
34%
34%
35%
117%
Par
9,800
48%
Year 1943
Range since January 1
Lowest
,
$5 conv pieferred
48
22%
22%
33%
116%
116
23%
113%
35
34%
34%
114%
48
STOCK
EXCHANGE
110
*108
48%
48%
NEW YORK
Shares
17%
16%
17
110
48
23%
34
117%
17
22%
48%
22%
112
35
33%
48%
.
for
the Week
$ per share
share
*108
17%
110
*108
22%
22
S per
per share
17
17 y4
110
*108
.
49%
*49
50%
22 y4
115
110
*108
110
jr
Dec. 22
Dec. 21
Dec. 20
Sales
Friday
Thursday
Wednesday
per share
17
177'8
16%
17
16%
ncs
s
share
per
Range for Previous
STOCKS
SALE PRICES
T"esday
Dec. 19
Dec. 18
Dec. 16
HIG1I
AND
LOW
Monday
Saturday
Monday, December 25, 1944
FINANCIAL CHRONICLE
THE COMMERCIAL &
2768
Apr '
Jan
Jan
Jan
Jan
Nov
13
Jun
40Tb
Jun
58
Sep
123
17 T
Feb
s
9674
Apr
Oct
1077a July
11474 July
1297a July
.
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 434S
160
RECORD
NEW YORK STOCK
*117
S
share
t
5 per share
share
per
116%
117
48
48%
47%
49
47%
48
47%
48%
16%
15%
16%
15%
16%
16%
16%
*113'A
113%
*113 %
"117
•
114'A
*112%
114%
*107%
108
*107%
108
16%
114'A
*107
16%
*112'A
16%
10"T»
*112
108
.
>2J
V
A
16
*15%
16
*15%
*15%
#yA
16
?
23
15%
A#
16
*15%
107%
23
15%
5%
400
%
*79%
9 Va
100
16
8%
9
A"
'V-
■
34%
3 3 3/4
33 3/4.
16%
16%
16%
16%
34%
34 Va
343A
*343/8
34%
34 %
34%
20'A
21 Va
193/4
20%
20%
21 3/4
12,000
42%
*40 Va
42%
100
36%
36%
20%
20%
21 Va
34%
*40
41
38
*35 Va
37%
12%
*11 Va
76
23%
12
12%
*11%
'
12
:
77
17 Va
17
*21%
22 Va
*21%
22%
23 Va
23%
22%
100
*99%
A
:
17% A"
•
Va
22%
99%
96 V2
96
14%
14 Va
14%
14%
14'A
14%
143/a
19 Va
19 Va
19 Va
20
18%
20
18%
19 Va
104
103%
103 Va
102%
102
102
A
■14%
*102
*101%
■
20
103 '/a
87 Va
14%
99
99
99
*98
14 'A
13%
31%
31%
*38 Va
39%
39%'
*38%
;
■
87'/a
87%
15%
15 Va
100
13%
1,700
313A
16,900
39%
39
39%
*38 3A
39'/a
20
V *38%
lOVa
17%
50'/a
51 Va;'
51 Va
*50
37%
37%
37
37%-
54
54%
54 %
54 %
*50
115%
115%
9%
*114%
9%
36%
53%
*114%
117
39%
39 SA
37%
103%
109
*107%
41%
41
40%
*113
114%
*113
*107
111
•107
111
*107
20%
20%
20%
*22%
23%
7%
7%
16%
77%
77%
*77%
12%
12%
12%
*15%
*73%
14
14
*73%
14%
54%
54%
25%
25%
25%
25%
25%
25%
25%
25'/a
3%
3%
3%
33%
33%
33
31
30'A
29%
29%
4
15
15
40
40
40
16%
53
53'A
53%
53%
*53%
53%
30%
31%
31
31
*30%
13 %
13%
13%
13%
13%
16
4
4%
42
*29%
.
16%
15%
15%
23%
*22%
52
30%
30%
30%
13%
13%
13%
13%
4%
4%
4%
4%
4%
4i/4
21 %
20%
21%
20%
20%
42%
43
41%
41%
*161
163
43'A
•161
163
26%
26
25%
16%
16%
16%
16%
41%
40 Ve
41
41
33%
34%
32%
33%
68
68
67
67%
82
80%
81
*8
80
*75
*75
*34%
16%
16%
17
16%
42%
39%
40%
40'A
42%
27%
26 Va
27 Va
27%
*47
48
*47%
48
*46%
47%
*47
61
62
*59%
61
*59%
-61
*59%
61
*59%
12
12%
12
12%
12
12%
12%
13
12%
78%
78%
77%
77%
77%
78%
78
79
'77%
38%
59%
62
*59%
*113
60%"
*58%
114
114
116
*114
38%
115
*113
115
„*113
38%
*113
28 %
28%
28%
*111%
113
*111
2%
2%
2%
28%
28
113
111%
*113
:
*112
28%
28
28 %
28
111%
*111
112%
*111
2%
2%
73%
83%
81%
38
37%
37%
33%
33%
33%
33%
33%
33%
33%
33%
55%
56
55%
56
55%
56
55%
56
48%"
48%
48%
48%
48%
48%
48%
48%
118%
*117%
118%
*117%
118%
*116%
118
9%
10
'
'
82%
*72
-
9%
9%
'
.37%
-
*111 '
2%
2%
71%
__
28
"
2%
*71%
73
82 %
38Va
33%
33
33%
55%
55%
55%
56
48%
48%
*48%
117%
*116
118
10
/x 9%
9%"
9%
37%
37%
*36%
49%
117%
9%
37%
62%,
62%
63 Va
62%
62%
62%
63
16%
16%
16
16%
16
16%
15%
16
15%
15%
11%
11%
11%
11%
11%
11%.
10%
11%
107/a
11
18%
18%
18%
18%
18 Va
18%
xl8%
18%
18%
18%
12
12 %
12
12'A
li'/a
12%
11%
11%
11%
11%
37
37
64
*63%
*19
19
12%
11%
18%
19%
19
57%
57%
*57
*126*1
*126%
128
6%
6 %
10
10%
9%
24%
25
79%.
80
6%
24%
*33%
34%
16%
17.
32 Va.
32%
For
19%
57%
37
18%
.57%
*126%
128
6%
6%
9%
10
37%
19
57%
128
6%
10
24%
24%
,
24%
■
37%
footnotes
24%
24%
79
79
79
79
24%
23%
24% '
34%
*33'A
24
*33%
see
17%
17
32%
*16%
32
34%
17
31%
32%
page
2771.
18%
19
18 %
57%
57%
57
127'A
127%
*126%
6 %
6
9%
9%
9Ya
23%
24%
6
*78
24%
62%
.16
10%
18%
18%
57
*57 Va
128
*126%
0
5%
9%
9%
24
24
24
80
*77
80
*77
24%
*23
24
33%
33%
33%
17'A
17
31%
31%
21%
16'/8
10%
;
—
.
9,100
-100
•
3,900
600
5,800
16,400
16,100
19,100
1,600
200
14,900
700
2,600
3,900
8,400
-
155
Dec
2
66%
Jan
80
100
50 Va Jan
3
83% Nov
8
20
Jan
6
(Jan
No
19Va
1,100
10
12,800
9%
7,200
24%
8,100
80
400
2,000
23%
33% '
16%
21%
21%
500
700
3,800
.
5
18
Nov
3
Jan
5
24
Dec
12
14%
Jan
20
23% Dec
22
12
Jan
19%
9
99% Nov
D
69%
Jan
93
Oct
12
100% Dec
12
70% Jan
7
102% Dec
4
42 Va
Jan
74%
Dec
1
10%
Apr
A
8'A Apr
16
No par
18
Apr 24
9
105
100
87
3
102 Va Dec
..No par
100
10
12%
,29
21
59 Va
Nov
7,0
Feb
13
7%
Jan
15% July
93% Jun
Dec
19
4
15% July 10
5%
Jan
Jail
3
35 Va
10
25%
Jan
32%
May
3
39 % Nov
9
343/a
Feb
39 % July
19 Va Oct
14
12%
Sep
14%
8
7%
Jan
9
Jan
12
July
17% May
Jan
3
Feb
29
Jan
100
3
,
July
11% July
12
Jun
20
9
24% July
\
3
34% July
5
23
Jan
13
>«
1
Dec
21%
Jan
28
Oct
Jun
9% May
Dec
11%
Jan
18%
11
43
Jan
50% Aug
15
54 % Dec
16
16
9% Dec
27% Not
35
105%
Jan
Jan
6% Not
15
39% Dec
36% Mar
47% July
114
Sep
12% Mar
15
109 % Dec
5
45 Va Nov
14
115
Nov
25
110
Jan
8
96
Jan
36% Dec
107% July
43
Feb
109%
Nov
115
Feb
105
Deo
112
Mar
16% Jan
25% May 19
2
26%
Jun
7% Dec
5
Jan
4%
Jun
106% Dec
15
69%
Jan
90%
Dec
5
lOVa
Jan
18%
Sep
Jan
17%
July
24% July
9
Dec
18% July
18
9
5
78% July 19
14% Mar 13
64
8%
Jan
73% July
16% May
76% Oct
64%
Jan
73% May
15% Oct
55
25
Jan
5% Jan
7
10%
Jan
57
Oct
17%
Jan
29
Jun
2%
Jan
5
5% Dec
22
35% Sep
20
16 Va
Jan
28
Dec
16
21
Jan
27%
31
15% Dec
Jun
31%
12
July 11
28% Apr
10 Va May
15
"28%
Jan
Apr
May
Nov
Xl3Ya July
45 % Sep
42% Jan
7
18% Jan
22
15% Nov
24% July
23% Jun
20
22% Aug
23%
54% Dec
15
19
Jan
39% July
31% Dec
16
15%
Jan
25 %
14% July 17
lOVa
Jan
15% July
5% July 12
5
23
Apr 12
12
Jan 27
3% Jan 3
2%
Jan
16%
Jan
29%
20%
Jan
30%
43
28% Jan 10
Aug 18
21 % Dec
Dec
4
162
Dee
6
26% Oct
18
5
Nov
Jun
Apr
Dec
20
45
132
21 Va
Jan
Jan
10% Jan
17% Aug t21
20
Sep
149% July
25
Apr
14%
Sep
15%
Jan
30 Va May
34% Dec
15
15%
Jan
30%
Dec
42 Va Dec
3
4
7
13
54
Jun 15
121
Jan 27
5Va Feb 15
5% Jan 3
17% Jan 27
66% Nov 16
19% Apr 25,
29
Sep 14
8% Jan 4
27% Jan 3
Jan
20%
38 Va Dec
29% Feb
*
5%
•
19
115 % Dec
Sep 7
13% Apr 25
22
Jan 28
4% Jan 3
5Va Jan 26
55
Feb 14
28 - May 5
22% May 13
36% Jan 26
56% Jan 27
6
Jan 3
50% Feb 11
33% Jun 9
110
Jan 28
57
Sep 22
111'A Apr 19-•
108
May 17
28
Nov 27
110
Jan 27
2% Nov 21
33% Feb 10
40 Va Feb 8
34% Sep 14
31
Sep 7
50% Sep 14
40'A Jan 4
110% Sep 11
6% Jan 12
28% Jan 18
28% Jan 18
11% Jan 3
9% Feb 10
15% Feb 1
7% Apr 19
13% Apr 19
Oct
Feb
:
35
22
6
6
24
17
3
11% July
Jun
51 Va Apr
3
May 16
24% Apr 24
23
Apr 19
10% Feb 8
20Va Dec
28% Jan
141
Jan
22% Apr
13Va'Jan
23% Jan
20
Jan
40% Jan
54
Jan
12
Nov
Jan
193A
5
8
Jan
45
80
17% Dec
14% Jan
No par
No par#
25
100
Feb
Dec
16% Dec
8
25
No par
1
No par
10c<
98
5 Va Apr 18
173/4 Jan 26
5
No par
1
No par
_100
1
Dec
88
13
No par
;
76
4
13
pa»
J
10
5
1
2U
18
4
; a%
1
100
1
103% Oct
Jan
'
Copper Mines
w..
Apr
Dec
Jan
*,®6
No par
Oct
9%
10
28
25
88%
Jan
5%;
15
10
No par
No par
No par
25
__25
Jan
'
20% July
8% Jan
.
1
preferred
101%
85% Apr
'•
-1
.No
Jan
73%
19
Jan
95%
63
100
No par
...
Jun
14
-
6 A
12% July 11
3
May
Jan
84
,
100
Jan
4% "Jan
5
Dec
993/4 Jun
6% Jan-
•
Aug 17
16
213/8 July
100
i
(The)„
.
Dec
Nov
19
100
,
,
Co
Sunshine Mining Co
Superheater Co (The)
Superior Oil of Calif
Superior Steel Corp
Sutherland Paper Co
Sweets Co of Amer (The)
V Oo
v.
6%
Feb
10
Standard Steel Spring
Starrett Co (Thei LS
Sterling Drug Inc
Stewart-Warner Com
Stokley-Van Camp Inc—_
5% prior preferred—
Stone & Webster
Studebaker Corp (The)
Sun Oil Co
Class A pfd (4%% cum)
Sunray Oil Corp
18.100
6 Va
conv
■
86% July
13% Sep
x83% Mar
1)'~
Typewriter
Co
-
14% Apr
25
Inc
Antelope
;
100% Dec
1st pfd—
Corp
$6 prior preferred
$7 prior preferred
Stand&rd Oil of Calif
Standard Oil of Indiana
Standard Oil of New Jersey
Standard Oil of Ohio
4'A% preferred
-
2,800
30,500
57%
128
33%"
16%
17
31%
23%
33 %
*16%
V
600
20
2%
72
81'A
36%
37
62% 63
*36%
;
113
33%
'
5
28 Va
37%
-
y
28,500
630
A/ 1,300
115
*112
28%
81
38
7
1
No par
No par
-2
No par
:
1
100
No par
No par
.
No par
Standard Brands, Inc
No par'
$4.60 preferred
—Nn va*
Standard G & E Co $4 pref—No par
100
160
58 %
58%
*113
__
113
115
*113
115
2%
37%
9%
77%
38%
84%
38
10%
77'A
*37 Va
74%
37%
10
78
38
2%
38
*117%
13
*73%
2%
84
37%
61
12%
59
...
27%
61
115
85%
■
V
27
1,000
10,800
*46%,' 47%
12%
*58
74
85%
Jan
Sparks Wellington
Spear & Co
$5.51 preferred
Spencer Kellogg & Sons
Sperry Corp (The)
Spicer Mfg Co
$3 conv preferred A
Spiegel Inc
Conv $4.50 preferred
Square D Co
5% conv preferred
8quibb (X R) & Sons
$5 pref series A
$4.25 preferred
8,100
2,200
34
61
*113
83%
74%
85
34A
27 Va
.
80
*75
47%
58%
74
*74
8
118 Va
58%
*113
*112
*37
115
*113
59%
116
*112
*112
*112
115
38
37%
38%
6%
8
*33%
27%
47%
38%
6%
8V2
80
27%
38%
6%
34%
47%
'
12%
*75
34
34
34
78
82
12%
12%
*8
80
*75
*80%
6%
7
8%
80
66%
82
12%
12%
8%
66
*80%
61,000
30,100
4,500
130
1,000
34'A
67%
33
33%
66
67%
6%
7
263A
26%
32%
34%
82
12%
12%
27%
27%
26%
66
Jun
Jan
New
i
„5
South Porto Rico Sugar
No par
8% preferred
100
Southern California Edison
25
Southern Natural Gas Co
7.50 '
Southern Pacific Co
No par
Southern Railway
No par
5% non-cjum preferred
100
Mobile <fe Ohio stk tr rtfs
100
Spalding (A G) & Bros Inc
1
1,400
6,300
10
2,500
2,000
26%
16%
*80%
Nov
30
3Va
Southeastern Greyhound Lines
700
.
163
*161
163
161
*26%
32%
68
82
34
34%
27%
34%
34%
6%
8%
*8
80
*75
12%
7
6%
8%
*80%
12%
*12%
7%
67
"
*
163
.v
43%
16%
-
35
Jan
4
3,100
37,000 :•/ Silver King Coalition Mines
5
2,800
Simmons Co
No par
600
Simonds Saw & Steel
No par
68,900
Sinclair Oil Corp
No par
:.'A" 2.600
Skelly Oil Co
15
2,200
Sloss-Sheffield Steel & Iron.™.20
—$1-20 preferred
No par
1,900
Smith (A Oi Corp
10
700
Smith & Corona Typewriter-No par
40,400
Socony Vacuum Oil Co Inc
__15
'
3,000
South Am Gold & Platinum
1
20Va
20Va
42%
39%
42%
26%
*81
■
*
26
26 %
16%
40%
7
4
42%
16 Va.-
8%
13%
__
21
42%
42%
*161
12%
30
13%
52
30
13%
4%
52
30%
*30
''
12%
51%
51
53
*
15%
23%
15%
*22%
42%
:
34%
*29%'
30
23 Va
15%
*22%
33%
33
33
14%
23%
26%
5%
4%
4%
39%
*22%
43%
26
15 Va
15%
161-
25 Ye
25V2
40
23%
43
55
*54
14%
15%
161
14V8
13%
V
39
*22%
4%
12%
76
15 Va
16%
■V
V
78
78
12%
*73%
76
39 %
23%
42
.
1
15
16%
4
'
78
39
,
*22%
V,
'19%
8%
15%
15%
33'
33
23%
7%
104
*8%
12%
54
10
2,400
2,600
5,100
7.300
5,100
1,300
150
4,400
V; 200
2,300
90
109
30%
15%
15%
40
39%
V"
3%
33%
30%
15%
15%
39%
42
25%
33%
30%
31
15%
3%
14
54
---.
19%
14
14%
55
14%
*54
3%
39%
*73%
76
33%
4
33%
12%
12%
42
114%>
7 Va
15%
*77 %
78
12%
76
55
31
15%
15%
13%
3%
x8%
*77%
Jan
22%
Tjpe.
St Joseph Lead
10
27% May 12
;J3afeway Stores
No par
43% Jan 27
5% preferred
100
110% Jan 8
Savage Arms Corp
5
7
Jan 3
Schenley Distillers Corp. new__3%
30
Sep 7
v 5%% preferred
100
105
Jan 6
Scott Paper Co
No par
37% Mar 16
$4.50 preferred
No par
109
Feb 16
$4 preferred
No par
108
Jan 3
Seaboard Oil Co of Del
No par
20% Sep 7
' Seagrave Corp
3
2% Jan 5
Sears Roebuck & Co
No par
84
Feb 7
Servel Inc
1
16'A Feb 14
Shamrock Oil & Gas
1
x8% Dec 21
Sharon Steel Corp
No par
13
May 2
$5 conv preferred
No par
63% Jan 3
Sharpe & Dohme
No par .
11% Sep 6
$3.50 conv pref ser A
No par
> 72
Jan 27
Shattu«k (Frank G)
No par ;
93/a Jan 6
Sheaiier (W A) Pen Co
No par
48% Jan 4
Shell Union Oil
—.15
20% Sep 14
10,600
.'300
500
:
109
103%
19%
V 8%
12%
26%
22
13
Company
$2.50
10,800
8%
38%
23%
7%
8%
78
*53%
33%
19%
16
19
36% Dec
3
Rustless Iron & Steel Corp__
3,700
1,600
270
54
109
23%
'
.
Roan
8,200
30
,
V
38
*112
104
8%
54%
14
20%
12%
76
*73
75%
19%
9
54 %
A 14
103 Va
78
78
12%
7 Va
104%
16
16%
•16
16%
23%
7%
103%
•
20%
8%
9
23%
7
A
,
114%
*40%
HI
23%
105'A
20
20%
8%
75
105
105%
105%
106%
106
*107
x
51
*107%
114%
111
18 Va
38
40%
*112
Puberoid
8%
8%
-114%
►107
7'A
7
7%
7
V 111
23%
23%
23%
23%
>112
114%
800
54
109
41%
33
113
:
38
Xl07%
Royal
37
36%
A 8%
900
*49
115
8%
1,100
17%
173A
54
54
7 Va
20%
33
; 51
114%
16%
20 3/8
33
38%
114 Va
40% Dec
7
5% Jan
Common
*6%
*16
0
/'A
8%
*113
13
27% Jan
par
36%
•
S4
40%
32% Jan
-No
115'/a
>108
50
preferred-—50
Ritter
37%
39%
*41'A
22% May
par
108%
42%'
*107%
42%
Jan
.No
8%
8 %'
14%
Richfield Oil Corp
*49
37%
•14
22
Rheem
17%
49%
115%
21% Dec
1.600
39%
38%
108%
*41%
18%
36%
37
53%
117
Jun
3
7,500
7
Jun
15% Jan
10
20%
29%
Aug
& Brass
preferred
200
Jan
15%
18
33
22
July 10
32
10
16%
33% Dec
Jan
prior pfd ser A__
Mfg
Dec
Jan
18
*20
33%
49%
50 Va
.;
101'/2
11%
10%
*16
A
7
7
18
18 Va
-
Jun
Jan
26%
17%
38%
9
9
*107%
16%
3
v
16
9%
20%
33 Va
A
Oct
10%
54%
21
17
28
17%
10
20%
,
*39
17%
7
20%
,34%
34
,
18Ve
17%
19
18%
34'A
39%
16%
7Va
*6%„
*20%
20 Va
34%
34%
34 %
7'A
7
16%
*16
I6.V2
16 Va
■
17%
,<A 10
18
10
*20%
300
13%
31%
17%
7%
A
-
133/4
31%
10%
21
99
*97%
98%
13%
31 A
;■
71 %
Jan
18
5 % %
preferred
Reynolds Metals Co
5%% conv preferred
Reynolds Spring
Reynolds (R J) Tob class B
2,600
133/4
18
7%
21
15%
31 Va
10
17
*16%
88
15 '/a
13%
18
'
88
15%
98
1%
Jan
3%
34% Dec
Revere Copper
20
.
260
88
15
100
conv
10,300
"
.
•
6 %
59
3
preferred—,
conv
31
13%
lOVa
10%
103%
88
•
Motors,
6%
31Va
31
18
18
103%
103%
July
3
Saratoga RR-
&
400
11% A
11
11%
*103
15%
100
*13Va
13%
32
103%
*103
& Co
13
10% July 10
107 3/4 Jan
90
Stores
130
{A
Nov
Feb
25
Republic Steel Corp
33,500
114% July
107% July
12% Feb
—1
Hosiery
(Kobt)
Reo
2,300
A,
102
99
:
13%
31%
19%
*100
15%
15%
15 Va
15%
15%
14%.
18%
'•■/
'
102
87
12% May
28% Jan
No par
2nd
Rensselaer
810
9 6'A
•100
87
Jan
July 12
12
80% Dec
7% Apr
85 Ye Jan 27
100
preferred
Called shares
102
*103
87
4%
5
24
1
—
Preferred with warrants
—
*100
103 V2
*103
87 Va
87%
15
300
102 Va
103 Va
*103
Jan
18
105
AA 11
10%
11% Feb
*103
11%
16% Aug 21
.10
105
10%
21
par
*103
11%
22'/a
..*1
105
11 Va
Jan
Remington-Rand
*103
"101
Jan
13%
10,500
104
104
11%'v;
11%
11%
11
-95%
95
95 Va
94
Feb
52%
Reliance Mfg Co
96
96%
14%
96%
14%
19%
104%
26
Reliable
'
*100%
96%
95%
.
*99
99%
*100%
'
....
2 7
24% Oct
23%
23 Va
Aug
40% July
19% July
107 % Aug 14
200
A
122
115% Nov
800
18 'A'
22
*21 Va
Jan
14
99%
21%
22%
99 Va
•100%
A
11
'
A *17%
21%
.
26% Jan
Mar 22
15
69% Jan
:
Preferred
Reis
113% Nov
18
12
8% Apr 13
par
1st preferred
Silk
Real
1,030
--
No
Amer
non-cum
10
15
52 Va July 10
Hi] best
J per share
12% Jan
Corp...
non-cum
4%
119 % Feb
t per share
,
Jan
103
Reading Company
400
81
79
79%
1,100
122
*118
18
*17%
23%
A
*99
99%
99%
*100%
•100%
*100%
76 Va
76
17%"
A
12%
*113A
12%
122
79
22
22%
100
*113A
79 Va
17%
76%
37
*118
122
*118
122
22%
-
22%
*98%
*35
17%
76 Va
17 Va
22%
f *40%'
37
22 %
76
.
17%
*21%
42
*35
37
*118
118
118
122
*40%
40 Va
*35 Va
12%
■
21%
203/a
-
40 Va
41
*36%
-
5,700
i.
t per share
19% Jan
100
100
No par
Raybestos Manhattan
Rayonier Inc
$2 preferred —
-1,100
A
.
109% Jan
3
Lowest
R
conv
100
34%
*40
6%
90%
■J 34%
34%
970
*33%
~
34 Va
91 %
17 Va
'
13
Corp
ttacUo-Keith-Orp' mm
10,900
90%
33
A.
17
8%
33 Va
91%
33
17%;
8'A
90 Va
"
91
37% Jan
14% Sep
$3.50 conv 1st preferred— .No par
16%
90 Va
33 Va
17
*118
A A"
2
AO par
preferred
Radio Corp of
1.400
8%
83A
conv
.AAA
49,800
80%
90%
91%
33 %
12%
10%
80%
33
90'/a
17%
21
9
113% Nov
;
Quaxer State Oil Ref
>
17%
91%
35
16%
91
*33%
8%
10 Va
80
80
80
-
10%
10 Va
10%
79%
80
9 Ve
9
.
*79 Va
79% ;
79 Va
A# 10%
10%
10%'
10%
10 Va
80 Va
9%
•
10%
No par
No pat
Purity Bakeries
2,200
*
10
$5
fuic uit (Thei—.
6% preferred
Year 1943
Highest
I per share
Par
•
ruiiinau Inc
.
A *15%
'
Pub Ser El & Gas pfd
12,500
107%
22%
V.
Lowest
-
23,200
/.
113%
*113
107%
2il%
23%
23
23%
*23
23%
22%
231a
Il3%
-
107 %
*107%. 108
:
.
30
117%
*116
16%
Range for Previoaa
Range since January 1
STOCK
YORK
EXCHANGE
Shares
per share
*116%
"v. 117%
*116
f
•v.
48%
48'/a
49 Ve
48%.
share
per
NE1V
the Week
117'A
*116
117% '»•
■
f
per share
Dec. 22
Dec. 21
for
Sales
Frida*
Thursday
Dec. 20
Dec. ID
Dec. 18
Dec. 16
* per
•.'Tuesday
-
STOCKS
SALE PRICES
Wednesday
AND HIGH
LOW
Monday
Saturday
,
Apr
15
35%
Jan
49% May
82% Dec
15;
42%
Jan
66
13 % Dec
8
69
2%
7% Aug 18
Jun 28
2%
9
Jan
Jan-
6
Apr
%
6%
Jun
Sep
Dec
14
33
Jan
61
Nov
34% Dec
16
21%
Jan
35
Dec
75
9
23%
48
Sep
5
32%
62
Dec
16
13
Dec
20
29% Nov
Nov
35 % Mar
Jan
44% July
66
May
3
Jan
60
8%
Sep
Sep
79% Nov' 28
35%
Jan
64
Sep
38% Dec
16
33
Jan
42
July
Oct
18
109
Jan
64 Va Feb
2
"
115
115
July 20
112 % Nov
30
70
July
112% Nov
117
Aug
Nov
110
Dec
49
107
Sep
4% July
Jan
Sep
33% July 12
116
116% July
31%
Dec
1
1007/a
Jan
115% July
5
1%
Jan
6% Mar
9
A
74% Dec
15
Jan
38%
85 % Dec
16
10%
Jan
44%
39 Va July 12
28%
Jan
40
34% Jan
15
28 Va
Jan
38% July
58 Va July 10
40 Va
Jan
60
48% Dec
37%
Jan
45% May
118
20
D»c
6% Nov
11% July
37
25
Dec
Jan
68% July
37% Dec
"9%
14 Va
7Va
Jan
4%
Jan
14
14
14%
Dec
xl7
Dec
12 Va Dec
20 %
July
64
Oct
128
Oct
Dec
Sep
Maj
31 Va Mar
66
13% July 12
17% July
19
Dec
May
May
Jun
July
Sep
5% Jan
10% May
5%
15 Va
48%
122
Jan
Jan
Apr
Dec
63% Mar
130
Sep
7% July
4%
Nov
6
Oct
10% July
3%
Jan
7%
Apr
25% Dec
12Va
22
May
84 % Feb
58%
Jan
Feb
82
May
25% July
14%
Jan
32 % July
Dec
26%
Jan
33
20% Sep
4%
Feb
12%
Jun
Dec
22%
Jan
27 Va
Nov
34
33
July
Mond?y, December 25, 1944
FINANCIAL CHRONTCLR
ft,
THK COMMERCIAL
■S
share
n"r
Dec. 1!)
Dec. 18
Dec. Ki
f
s
share
ver
32Va
32%
32%
20%
31%
31
31 %
7%
V;s
31%
3.1%
31%
3,400
30
37
29
3o-a
30
30 %
13.300
8%
8%
8%
8%
50 %
50%
50%
7%
7%
7%
7%
11%
11%
11%
11%
11%
48%
48% ;
48
49
11%
11%
11%
11 Vb
11%
48%
48%
48 %
48 ">
43
6%
6%
6%
6%
6%
6%
35%
35%
35%
35%
35 %
%>
11%
1,700
48%
49%
7.300
Texas Co iThei.i,,-
*6%
6%
5,000
Texas Gulf
35%
35Va
4)
35 Va
35%
4,800
20 %
24,300
Texas
11
35 %
18%
18%
J«%
J*
18%
it)
la va
19 Va
13 Va
19%
18%
15%
14%
14%
14%
14%
14%
14%
15%
14,100
Texas
15%
14%
14
15%
34,500
Texas 61 Pacific
26%
2
7%
27%
31%
33%
18%
18%
18%
18%
*18%
18%
18%
18%
18%
18%
800
1.9
57
5"%
57"-
*57
58%
57
57
58
320
57
58
57
57
2
%
j
28%
121
121
121
122
122
94
94
94
94
*92
53%
6%
■6%
9%
6"%
6%
6%
*6%
6%
6%
9%
*52%
96
13
*12%
13
13
13
12%
43 34
*47%
48
47%
47%
47%
48%
4%
4Va
4%.
31
31%
•31%
16 %
107%
28%
4
31
2,500
167/a
9,000
16%
16%
16%
37
35%
36%
36
36%
36
50 "2
50
50
49%
4974
49
10%
10%
10%
10%
10%
10%
10%
2 7%
27%.
29
27%
28%
27%
18
18 %
18%
*17
5
*'103
103%
*103
10.800
11%
11%
11%
11%
18%
19
18%
19
27%
27%
19%
13%
xl9%
19%
19
■27%
28'/a
27%
23
27%
.27%
35
75%
34%
35
34%
34%
34%
19%
34%
34%
8,700
106%
106%
300
8%
1,700
Twin
20
7'/
3,800
Twin
105%
*105%
106%
*105%
103%
8%
8%
8%
8%
8%
115%
115%
116
116
*114
.v
15
14%
14%
14%
14%
59'/a
5 8 "a
59
58%
59
14%
14%
15%
8%
8%
3%
*114
14%
14% •'
15
15 V4
:—
u-oip-!
A«
,
par
Mei redw——N" not
prior pfd.
No Par
$1.50
••t.
Fox Tiuu
o«4»
106 %
8%
116
20v«
pi
$4.50
City Rapid Transit—-No pur
100
_1
prefer-ed—1.
Coach
Co—
—
41%
Jan
14
3'/a
Jan
33 4/4
Dec
8%
Jan
22
102 V4
21%
28%
85
574
68%
% 8%
5
53% July
6% July
'
!
/
.
41% July
> 18
July
7%
Jan
13% July
Nov
28% July
Jan
1
122
Dec
19
94
Dc-c
£9
Oct
Dec
533'a
Jan
8
July
Jan
95
Oct
19
9% Jun
14
•
Jan
35
2%
9% Nov
54
52
■
4
Jan
33%
July 13
7% Dec
9%
Jan
3
13
49
/
Jan
Sep
May
6% May
8
8Va
Jan
15
16
26 'A
Feb
34%
Dec
5% Aug 14
1 Ve
Jan
3
Mar
13 % Mar
43% Oct
34
17
16
7
Dec
July
Jan
July
26%
Jun
7
93/4
Jan
15% July
109
Dec
6
94 Va
Jan
103 V2 Maj
38
Dec
14
23%
Dec
34% Mai
52% Aug 18
11% Dec 15
40%
Jan
50
6%
Jan
10% May
19
15%
Jan
11%
Jan
25% July
16% Apr
!%
Jan
24
Jan 13
Dec
2.4
Apr 25
Jtui
5
Feb
4
Jail
:
58 J, July 12
i
■
Apr
13% May
16V8
13
32% Dec
24'A July
Jun
5% Mar
6%
16% Nov
11
18% July
5
5% July 10
4 •'
105 % Dec
69
20
3
20% Dec
8
102 V4 Dec
Jan
6 Va
11% Nov 30
1
8% Jan
15% Mar
par
10
>■'. 37% July 14
20%t>ec 22
9
4
13
4
6
8%
Jan
6% Dec
Jan
85
Corp.-!——.——1
Rnvon
Preferred —4.!
100
>
34%
105%
14%
Tnhi-e
-No
8%
i9
.
Corp
5
May
.,45
7
>
Jan
50% Jan
ripi
431/,, Apr
No par
preferred—
V $6
3
A pi
8 Va
35 V Jan
7
13
12% July
43
>
Dec
8% Oct
<
8"e
17%
Traiusue & Williams $tT._— ±No par >'> 12%
Tri-Cont,mental Corp___-_^_i^_^.
1
3%
Tniflx-Traci
14,So j
51"
T-n V
81% Oct 20
Bearing—.No par
Roller
Timken
3
102%
Feb
Jan
Jan
Feb
Jan
TrmiKaoiertca Corp—v.—.
-2
Transconl'l it West Air Inc„—— .b
34 Ve
8%
Jan
5
4% Jan 19
Thompson iJ Ri—;
25
llVaJuii 13
Thompson Products ——No par
32% Jan 10
Thompson-Storrett Co.w.— No par
2
Jan
4
$3.50 cum preferred.—-—N< par:./
I8V2 Mar 6
Tide Water Associated Oil—.10
13
Feb
3
$4.50 conv-. preferred*-——No par
100% Jun
3
Titnken Detroit Axle.
i__.10
25
Jan < 3
*105%
105 %
5%
8%
17%
12%
50V4
5%
r*»
Nn par
preferred---;—No par
The Fai?/—
No eat
7% preferred
——/-^_100
6% preferred
100
Thernioid Go.:.-..iw—j...—-—.—1
$3 div conv preferred _—.— 10
Third Avenue Transit Corp._No par
34%
8%
1.9
Jan
7
9
42
Jan 3
41/4 Jan 12
10% Mar 29
44% Sep 15
4% Feb 28
32% Apr 19
14% Feb
4
$3.60 conv
27
105 V2
8% Jun
5% May
Mfg Co.:...
Thatcher
27 %
?8
Jan
.
1,000
...
102%
*115%
10
%
11%
28%
15%
*101%
105
100
N.„
17%
11%
20
116
5
105
11%
28
15
4%
*101V2
20
*115%
*17%
5
105%
11%
15%
6,800
28%
27%
18
.
4%
11%
116
12,300
105%
11%
11%
*11%
2.300
10%
28
*17
5
4%
4,700
49%
7
105%
*105
105%
17%
*17
5
4%
5 %
180
36%
36%
5%
,
108
108
108
108
27%
.
2 600
4
31
50
~3o%
800
2.600
4%
11%
18%
15%
47
50 %
5
M15
12%
11
11%
.27%
16%
700
31%
4
29%
108
108
108
12%
40%
50
36 %
■1
50%
*'17%
4%
30%
16%
16%.
*107%
108
108
37%
36%
-fO
.11%
16%
16%
16%:
16%
107%
4
30%
30
1.3
90
■V
v:.,
6%
47%
46%
10,100
52 %
6%
6%
*12%
30
4
4
4 Ve
31
9%
52
53%
*6%
1?
12%
48
*52
; 20
9%
9%
9%
~20
96
*92
Tcb
4%
•
125
*122
125
*92
9%
*9%
9%
*122
96
9%
5°
53
54
54
54
9 %
9%
9
9%
9%
53 %
31%
*9
125,
*120
*93
-02
28%
9%
*9
9%
*9
9%
*9
9%
*9
*120
4
26%
27%
26%
*18%
<s2%
Co_J————100
Ry
Jft Va' JUiJ
5
9
Sulphur
35%
35%
Dec
8
share
per
Nov
33 % Jan
No pur
Pacific Coal & OIL-,10
Pacific Land Trust
.
1
Texas Gulf
27%
18
25
No par
;..
Highest
share
per
27
26% Apr
50
5
.--5
.
Producing
35%
.
—
6%
6%
6%
6%
partic preferred
5% %
share
per
10
9
(James)
Talcott Inc
Telautograph Corp
Tennessee Corp./.————
2.100
7%
*7%
$
share
27% Jan
.
Int-^-Nn par
Corp—.
.
1
Gould
per
lowest
Highest
33 Va Juh
Elec Prod's
Syivama
200
50
*49 %
7%
7%
f
Par
y
Swift International Ltd—_
Symington
900
8%
8%
8%
50
50
9,800
7%
7%
7%,
7%
7%
vu
7%
8%
7%
7%
8
8
31%
50%
51
*•50%
51
32 '/a
,!
/Lowest
•V.
Shares
share
vr
31l/a
7%
8%
*8%
8%
*8%
*50 %
f
share
ver
32 Va
31
Vis
X
share
ver
Year 1948
Range since January I
STOCK
YORK
EXCHANGE
31%
32%
32 Va
7%
S
share
ver
NEW
the Week
Dec. 22
Dec. 21
Dec. 20
gales lor
F'iday
Thursday
Wednesday
Tuesday
for Previous
Range
STOCKS
HIGH SALE PRICES
AND
LOW
Monday
Saturday
Julv
4% May
•
:
V 00
Jan
May
21
Dec 21
Feb 17
Jan
3
Jan
4
Jan
5
Jan
4
Jan
6
9% May
—
28% Dec
9
.12%
Jan
35% Dec
9
25
Jan
105% Dec 23
99
Nov
4%
9% Noit 20
Jun
24% July
34% July
101
Oct
9%
Jun
Jan
77%
Jun
Jan
11%
Jun
u
'
67
117% Nov 21
6%
16 % Dec
14
Jun
28
U
60
60 7/a
*58 "2
15 'A
15%
14%
15 Va
80
79
79%
76 %
*58
59%
*58
60 Va
14%
14%
14%
118
*117%
118
117 Va
*113%
114
114
114
19%
20
*113%
117
114
114
117%
116%
118 ■'
116%
117
*101%
1G2%
101%
102%
102
29%
29%
30
30
29%
29%
28%"
106
106 Va
106%
106 Va
35
35 V*
34 Va
35%
28%
35%
'36%
35
*121%
123 V*
*121%
24%
24 V4
67%
27 %
27%
27%
*23%
1%
1%
"IVa
1%
lVa
40'/a
41 %
16%
16%
1 V'4
8
4218
.16%
16%
•
9%
*9%
67'4
*26%
23
1
1 %
%
16%'
*106%
107 %
*19-%
107%
16%
■
.
9 Va
Electric
United
1.500
90%
13%
13%
*6%
106'A
4o%
*107
6%
6%
12
12%
12
8" %
893A
13%
po
47%
46
,>'
14
13%
46
4.6 l'<i
108
*107'A
*6Va
6%
32
12%
15,000
>
2,300
103
50
4
200
6%
Preferred
12%
12%
12%
12%
105%
105%
106%
106%
37%
17%
18%
17%
18%
17%
18%
17%
17%
17%
18V4
80%
80
80
78%
80%
78
73 Va
78%
7.9%
2,700
182%'
180
*80
81
■
182%
183
14 %
51
14
14'/a
14
51
*14'/a
51
51%
*51
39%
39%
39%
39%
•*
8%
8%
33
*113%
113
8
7%
10
•
47
55%
52%
51%
52%
*148%
149%
56 Va
•
76%
78
50%
78
78
*76%
61
*149
55
55
605 a
-
3
3'/a
3
3%
52%
*46%
59%
59 %
60%
'■ 16
.
"
174
5%.
46%
3%
3%
25 Va
25%
25 Va
*48%
48%
*48%
48%
*4
5%
174
174
21
13%
34%
35 %
35
41/4
4%
5%
5%
*38%
>
177
■"/'
80
*174 i
5%
*115^
116 Va
.15%
15%
15%
*38'/a
80
60 Va
20%
21
13%"'
13%
*">4%
35 %
*94%
35V4'
*115 A
15%
15%
116%
15%
*115/* 116%
15%
■■
*H5/(r 116%
15%
15%'
48%
*46%
48%
*46%
48
*46%
82 Va
90
*82%
90
*85
95
*84
95
*85
95
92
*84
92
*85
95
*88%
95
*88%
95
24
24
24
24%
24%
*24%
25
3%
3%
3%
*47%
48%
60 %
61%
'•
■;%>-«
.
60 Va
119
62
47-
45
38
38
37%
*123
127
*123
45
■
85
25
3%
60
60%
59%
59%
119%
*118%
119%
*59%
62
*44%
127
*123
30
126%
*591/2
38
*123
3%
593/4
•
48%
,y,
50
25
3%
59%
118%
126%
*123
38
Oct
44 Va
Nov
8%
l^va
1,400
410
Corp:
500
a,100
——
69
Dec
5%
>■
Jan
7
51% Nov 30
39%
Jun
43 %
July 11
30
Jan
5
4
Jan
Jan
33% Dec
Feb
2
par
76
.4
3% Jan
1
1
4
18
4
Jan
4
31
-S
—100
100
preferred—
.5
No par
preferred——300
Apr 27"
Mar 20
17% Jan
4
9% Jan
4
Oct
20
28
6
Dec
Apr
13% May
Dec
JUiJ
54% July 14
7
3% Sep
14
50
Sep
7
Oel
8Va July
8%
Nov
97a
29Va
Jan
2.4%
Jan
42
32
Jan
44 Va
14
21 Vt
Jan
Jan
Jun
37 Va May
July
Jun
3% May
46 Yt Sep
Jan
130
Dec
Jan
62
May
64%
Jan
74
Nov
47%
Jan
Dec
Dnc
78
19
63% July 10
59% July
125
July
27% Aug 30
20%
Nov
29
Apr
48% Feb
23
42 Va
Jan
4% Nov
3
1%
Jan
50% Aug
3% July
.5% Oct
106% Dec
%
Jan
13
136% Dec
*•'
18
112
Jan
6
3
Oct
56
jun
88
Oct
July
5
13%
Dec
20% July
July
18 Va
5
2%
Nt v
6»A July
43% Dec
9
7
80% Dec 22
176
Nov
24
V 23% July
30%
Nov
59 Va
Jan
150
Jan
5
14% Nov 27
15%
Jan
8%
Javi
52
25Ve Jan
Sep
5
16% Dec
9
Dec
Oct
Dec
41>A July
75% July
165 V2
Nov
25% July
12%
Feb
37Va
Oct
8
115 /.
M<»r
21
40Vs
Dec
22
51
Jan
85% July 23
57
Feb
85
11
Apr
Nov
46
15
Feb
Apr
19%
114
101
16
21 Va Jan
>
15
12% May 15
12% May 15
41% Jan 25
70
Jan
7%
6-1% July 13
63% Jan
'
Jan
x42% July
4%
4
150
May 18
Apr
r
18
4% Dec
19
Jan
27
Nov
47% Oct
May 25
14% Jan
16
37% Jun
2
27
5
108
15
48
.'
13%
9
Sep
9% Sep
10% Dec
3
3
Dec
113
19
•
26
2% Jan 28
Corp of
Ry
9
19
44% Apr
100
"
51
•
25% Aug
1
5'A Mar 24
62% July
5
20% Nov
2V4
39
120
Oct
44Va Oct
65
Aug
.67% May
26%
Feb
6% July
Jan
Jan
68% July
45~
Aug 23
113% Jun
14
120
38% Feb
17
63
Nov
22
20 Va
Jan
37
Jan
21
45
Dec
19
27
Jan
40
Apr
19
38% NOV 18
29 Va
Jan
35%
preferred-'-"—————25
33
102
Jan
4
125
Oct
20
Jan
110
Detinning Co.—:—_—100
80
Aug
———,——-100
149
Feb
14
155
July
6
113
Jan
150
Nov
preferffed—100
No par
40
68
Pow $5 pref———100
Coal Si Coke 5% pfd—100
Preferred
*150
Set
29%
100
Dec
5%
50% •Apr
xll9% Jan
22
lt>
1
18
24
—5
2S
Virginian Ry Co——
Vulcan
126%
59
15% Oct
8% Jan 25
A
&
Iron
6%
Jan
Dec
5% /l.ir
68
div partic
186
7
Inc—
Chemical Works-,—
Chemical
El
27
21
Chemical Co—.—,—
6%
Va
4%
4
13
Am
_No par
Co—-2.50
Van Raalte Co Inc
——10
TV,
1st preferred——--——100
Vertientes-Camaguey Sugar Co.6 V2
Va
Jun
3
162
Vieks Shreve & Pac
88
10
pat
Vlctot
-
Apr
76%
Dec
10
Feb
par
non-cum
35
Jan
Jan
Jan
M0
^
Norman-
Yick
99
Jan
Jan
Jan
-y__No pat
preferred
25
•Va-Carolina
46%
*37%
Apr
10 Va
No
2,900
62
38
Oct
181 %
Leaf Tob—-No
1,400
119
*45
75%
Feb
preferred———_—
5%
95
*591/2
Va
Co
Laboratories
Vanadium
Van
1,000
100
85
19
Jan
16%
17
Mar 28
Jan
conv
8%
700
4,100
62
*150
*150
.
151/a
46
46%
38
*46%
*88%
119
38
*150
*150
-'..50
60%
118%
*59 %
62
*45%
?7%
127
%23
3%
60%
*59%
47
*45 V8
24%
3%
119 %
119
62
24%
3%
60%
118%
i;59%
24%
*3%
3%
48%
99l/2
Jan
42
50
Preferred
8,100
*115/, 116%
15%
Jan
9%
48% Dec
No par
Stoikyards
Universal
20
13%
35
84%
21% Feb
'
/'
20%
12% July
5
10"% Dec 11
4
3
40
100
non-cum
Universal
2,000
10
*13
10
•. 130
preferred
—No
Universal-Cyclops Steel Corp
80
x20 %
*34%
Tobacco
7%
300
..
57/a
13
V3Va
to
Preferred
$6
80%
21%
21
i-100
50
■.
Preferred
50
40
*174
177
83
118%
*5%
40
■
>
1st preferred
United Stores class A_—
16
80
Co——
1,100
*15%
4
7% Sep
1
2,300
16
10.9% Deo
9
34% Apr 24
impt
4%
*15%
3
Feb
70
10
U S Steel Corp
102
40
100
4 Va
*99 %
"
116%
3'%
4%
102
13
35
48'%
4 Va
*.90%
20%
13%
35
v
*174
21%
13
4%
4%
105
20
77A Feb
-50
-.
United
16
16
*78%
21%
.4%
4%
4%.
:
47% Dnc
170
.0 B Smelting Ret & Min__i.
2,200
25%
48%
1.9
97% Jan
5
Plywood Corp
S
Jun
8
30% Apr
U
Nov
15% Jun
35% Apr
800
July
9%
23%
40% Jan
3,900
Jan
66
Jan
60'A Mar
1
...
9
Jan
6%
12
10
.39,700
135%
Jan
38 V4
11% Aug 30
14% Jan
20
1
non-cum
Dec
.
.
Rubber
Sep
96
%
Mach Corp.
Realty &
15 Va
Dec
15
20
14,500
2%
Sr'P
Jan
36'% Dec
Playing Card Co
S
7%
94%
91% Dec
4
par
Lines Co
8 7r
5
14
17% July
103 % Dec
Jun
35%
98% Jan
par
U
Jan
Jun
2 V. May
28% Jan
par
—..No
200
17%
Jun
69Va
X26
11% Oct 30
par
.—
preferred
Preferred
9,500
:
74%
■60
25%
*39
13
59%
No
No
Partic & conv cl A—
S
Jan
16
22'A May
114
12
75 % Jan
par
tU
41
42% Dec
2<>% May
5
—/No
U S
1
Jun
33% July
Jan
1% July
Feb
Pipe & Foundry
500
135
5
.-
—No
preferred
conv
■Prior
34,900
74%
76 Va
59Va
135 Va
*99%
5%
21
75
58%
6
8
10
Leather Co—.—;
S
18%
Oct
Oct
May
114%
Jan
18
97
Jan
55%
Jun
28
31% Apr
par
U
5
1 V« Jan
No par
Co
preferred——
5%"5t
109%
70% July 11
Jan
U S
4
50%
22
U S
47
49
May
U S
3%
50%;
135%
79
13%
48%
50%
61
4
Jan
13
114
Mar 23
.200
1,900
45
46 Va
3%
60 %
39
21%
15%
.46 %
77
79
13%
>15
46%
*
*48%
16%
34%
;
36%
*44%
25%
4%
J^n
24Va-Dcc
20% May
110
par
U S Industrial Chemicals.—No
800
10
361%
35%
45
12,700
7%
*9%
136%
39
*174
(
'
7%
7%
10
58%
4Va
'1%
•:
77
41
79%
79
*16
113
135%
105
•6
*
par
Fdy,_
preferred
S Hoffman
U
40
50 Va
80
*38
41
*78%
5%
5%
5%
5%
>18
C%
*99%
16 V2
16%
17
%
4 %
4%
'4%
Jan
Freight Co
S
7%
3,100
55 Va
48%
105
32
113
52%
48%
4%
*31%
*111%
150 Vz
48%
4
32
51%
■48%
99%
35%
*44%
*8%
8%
200
8%
*149%
78
Cn«.
U S Gypsum
130
51 Va
60 V4
Jan
17%
Paperboard—,
1st
$6
U
1,000
149%
26
*
1,700
14
Coal
U S & Foreign Secur——
110
51%
51%
136
93Va
15
15
.
United
110
38%
149%
26
4%
10%
44%
3%
38%
52%
26%
4 %
*51
149%
26
105
*13%
:>;.
183
51%
26%
4%
13%
51%
,
149%
48%
'
xlO
35%
.46%
3%
136%
•>9%
*180
183
107
52%
136
4 Va
;
*106%
149%
136%
*48 %
7%
8
44%
47%
26%
•
*111%
*10 Va
V.
136
136
8%
*31%
7%
10%
45
467/a
8%
32%
*111%: 113
36
47
149%
*8%
35%
10 Va
35%
45
20
36Va Dec
123% Dec
No put
'
31%
.
8%
46
*46%
3
111%
10%
*44%
107%
39
35%
48
52%
*51
39%
10%
35%
*45
*J.49%
14
51%
35%
10%
>a
35%
7%
*
13%
14
51%
8%
8
*180
183
38 Va
14%
32 %
111%
>
*106%
51%
*8%
111%'
*180
106%
39%
*32%
33
111%
7%
39%
8%
8 %
32%
32%
106%
.180%
110% Sep
18
19
Co,__13%
.United Merch & Mfrs Inc——1
5
preferred
11,300
17
fti
24
22% Apr
102'A Jan
Gas Improvement
United
5,800
12 Va
12%
IOSV2
*lu2%
100% Feb
10
100
Fruit Co——
*106
12%
100
No
Engineering &
United
106%
6%.
*6%
40
15
United
<3.3%
47
28% Mar;'
Nov
30'
500
x89
108
6%
*6%
6 V2
46%
*106 JA
46%
108
Jan
x24 V4
78 Va Aug
9,000
90
46%
>24%
10
11% Dec
11%
91%
*106%
79%
30
Jan
35%
91
135/a
13
Nov
45% Apr
HVa
91%
90%
Dec
26
12% Apr
35%
91%
22% Julv
103% July
95% Jan
35 %
Oct
Jan
Jan
——100
Dvewood
114%
15%
80'A
.5
11%
11%
35
1
Apr
6
Dec
i
Feb
*118
19
20% July
—_—No par
Corp
.„_1
11%
11%
*34 Va
Jan
118
Co__
preferred
*34%
11%
35%
105%
3
Drug
Un'ted
7; 140
28
14
No art"
67 %
11%
46%
900
67%
Oct
115
5
17% Sep
93% Jan
No par
*9%
35%
13%
9%
67%
9 Va*
Jan
3G
nreferrpd
$4.75
113
33% Nov
Co—
67%
y,'.
13%
.
16
104
No
9%
11%
13%
■
Nov
119
6
Corporation
United
;
■
19
10h3i Feb
,^—100
68%
11%
13%
9,700
17
107 %
Feb
July
6
—
9%
'
*
57,500
,V
%3
Sep
59
Jun
United-Carr Fast Corp_^.
United
86% May
i
United
45,500
i !A
11%
Dec
25% Jun
Co.^
Carbon
Jan
92% Feb
preferred
67%
9%
68%
63
.
*107 %
Biscuit,
Jan
8
9
20
1
4preterm!
conv
42
x76%
15% Dec
82% Jun
,_100
Air Lines Inc.
United
66
7
7
_A'o par
5
500
28
>■:.
....
300
:
:
38% ,38%
38%
•>"£
10
Feb
25
100
Aircraft Corp__
conv, n<efprrfd-__
United
-
par
No
-
Tank Car—..—
5%
*26%
28
r%
1%
.
67'%
113
preferred
non-cum
United
■
*66 7a
67
67
16%
So
*6'/a
67
500
■
23%
*113
4%
Union
>
pfd
Pacific RR Co,
Union
300
120
*22%
23%
.800
7,100
34 Va
120
120 %
*22%
*113
38%
11%
108
i
16%
36 38
u6 Va
"
39
11^8
•
34%
16 Va
:P3'-»
rug
—
'30,800
:■
.No par
No
of California
Union Oil
500
1,900
106
105%
34%
34
38
107 %
9%
P"'!,
13 Va
30%
16%
*106%
9%
68%
:
29 %
41%
16%
107%
*103 Va
107%
5
9%
*67 Va
■
;
67 %
.
27%
1'/»
67
67%
*67
—
27%
63
"2 7%
*112
—
3,300
V
,
29%
105%. 105%
23%
'
*112
104
29%
*118
120
23%
24
24
24
119%
123
*120
123
24
*112
*112
116
29 Va
■
103
*105%
103
25%
*67%
115%
,
102
-29%
29
29%
29%
28%
CO %
29%.
mr
76
$4.50 series
Preferred
40
22.600
20
*101%
115%* U6
102%
2 5%
El Co of Mo $5
114%
19%
/
20%
102%
30
Union
9 %
No par
Carbide & Carb
60
51 % Jan
—No par
Union-Bag & Paner—
Union
:>■.
117
117
*114
114
117
20
41 3
/
Fisher Co
Under Elliott
8,600
/
79%
79
.
117
;
20
103
30
If,6
-4
'
20%
20
20%
20'/a
117 'A
117
*102%
♦IP
79
"it)
117
117
117'%
114
79%
79
79%
79
*113%
19%
8,200
•
*117%.
19 Va
8"9
Oct
Oct
Sep
W
■'*»»«
■)Vj
67%
68
68
13%
14
13%
13%
30%
*
107
%
*30%
*107%
footnotes
see
108%
page
13%
68
66%
.66%
66%
66%
13%
13%
13%
13%
13%
31
31
30%
108 %
*66%
2771.
31
*30'A
30%
*30 Va
108
103
*107%
108'A
*107%
30%
108
67
*13%
*30%
"*107%
13%
Wabash
RR
Waldorf
System
200
30%
108
4%%
800
1,500
67
-
30
Walgreen
No
Co
4%, preferred
—
par
—100
Jan
3
10% Jan
19
26 Va Apr
1
X105"
Nov
14
24%
Jan
40VB
14 V4 Dec
2
7%
Jan
11% May
Dec
19
20%
Jan
28 Ve July
31
Dec
18
108% Nov 27
Dec
Volume
RECORD
NEW YORK STOCK
AND
LOW
Saturday
;
'
.
Dec. J 6
$ per
per share
s
*65
.-■•18%
9%
9
9%
58%
58%
13%
.
58%
9%
9%
9%
1 Va
1%
1
Va
lVa
*57 V4
58%
13
9
.
■'
*57%
57%
13%
13%
13%
13%
; ;■ 13
*34%
35 Va
*24 %
25
*34%
35%
*34
35%
*34
35%
*33%
34%
*33%
24%
24%
*24
24%
*23%
24%
24%
24%
24%
20%
21%
21%
21%
31%
*31
*84
9%
23%
*84
85
9%
9%
*23 Va
85%
85 Va
85
25 %
25%
100%::
101%
101%
101
112
112
113
113
100%
100%
101%
101%
25%
25
118%:
*117%
35%
36%
*36
'
'
5%
5
14%
14%
45
,
110%
102
102%
140
117%
5
14%
45
44
44%
j
6,600
;
3,500
5%
44
43%
43%
43%
26
25%
25%
26%
'
44%
26
■
11,300
26%
Class B__
600
30%
i
6,300
116%
115%
114
115%
113%
114
112 V*
113%
3.800
Westlnghouse El & Mtg
136%
*135%
138%
135%
135 Va
135%
135.%.:,-
138%
139
140
140
35%
35%
*34%
35%
34%
33%
No par
WestlnghoUse Air Brake—
115%
115
i
117
136%
31%*:*
28
107
111
111
111
107
107
*106
107
104%
104%
7;
72
*68
•71%32
91V*
91 %
27%
-89%
21
26%
27
84
31%,:
*30%
*82%
*30%
31%
7%
7%
7%
7%
90
21%
20%
20%
26%
26
26 Va
8%
82%
82%
84%
*30
31%
31%
V
$4
I''-'10
preferred-
Prior
Wilcox
1,800
V
conv
'
Mach Corp,
preferred
—
Oil
Co
17%
18
17%
17%
17
17%
16%
17%
16%
17%
17%
17%
39,600
10%
10%
10% X
10%
10%
10 Va
10%
10.
lOVa
10
10%
11,100
98'A
98%
98%
98%
98%
700
*13%
13%
21%
42%
42%
37%
38
* V,
21%
1
'
—
20%
'
'•*
13%
*128
*
*78%
84
84
*82
81
81
*79%
71%
71%
! '
42
42%
41%
39%
38
39 V4
38%
39
78%
78%
78 Va
79%
79%
80
80
81%
81%
80%
80%
81
71%
70%
71
71
71 Va
—
—
35%
35
35 Va
13%
13 Va
18%
19 V*
19%
39%
40%
40
105
*104%
;
35 Va
35
13%
13
13 Va
18%
-
40
40 Va
18%
18%
18%
18%
18%
18
39
39'%
38%
39
38%
38%
38%
5%
5%
5%
5%
no
sales on this day.-
'<
18%
37%
38%
5%
5%
5%
n New Stock,
a Deferred delivery,
Number of
Saturday——
980,948
Monday.
Tuesday
;
—
1,282,930
,1,482,500
951,230
Thursday
-
Friday
Total
-
—_
Jan
6% July
5
16% July
3
2%
*
""
Foreign
Railroad & Industrial
To tal.—
>,
9
81
Jan
100
120
Jan
130
Jun
13
31
Jan
40
July
22%
Nov
29% May
32
July 21
12
Dec
111
77
July 17
104% Aug 25
3
Feb
7
32% Dec
20
Jan 28
Feb
7
92% Dec
13
Week Ended Dec. 22,1944
Wednesday
-
Tuesday
$82,000
65,539,700
$67,291,700
3,000
Monday
9,211,000
26,000
10,856,500
i
—
Thursday
.
Friday
$67,291,700-
52
Mar
60
Apr
85
Jan
99
Oct
18
Jan
24% July
58% Jan
71% July
20
Jun
Jan
15
87% Oct
13
40
Dec
11
9% Apr
5
2%
Jan
6% July
5
2%
Jan
9%
31
Jan 27'
Jan 14
20% July
4
11% July 10
99% Nov 21
13%
125
24
,
Sep 30
22% Aug
Jan
2%
Jan
7% Oct
Jan
86
*20% Jan
27
-
Total
—
1943
1944
9%
86%
Oct
Jan
11%
Apr
9
$4,110,225
118,564,600
3,084,626,800
17%
Jan
24% July
30%
Jan
42% July
8
4
46
91% Dec
5
78% Dec
74% Nov
1
58%
25%
16% Jan
44% Jan
Nov
Oct
54
Jun
57%
Jan
Jun
108
Apr
70%
Sep
31%
Jan
Sop
13% Dec 22
36% July 17
6
Jan
6
13
Jan
17~% July
7% Jan
207/a July 14
5
30
Jan
41% July
106% Nov 21
82
Jan
98
Nov
16%
Jun
42% July
33% Apr 24
96
21% Jan
15% July 20
Apr 25
3^
3
9
9% Jan
44% July 12
19% Jan
37% July
Jan
4% May
187/a Dec
6% July
5
2
Shares)
Bonds (Par
";.v\
Domestic
192,155
297,135
352,546
305,590
249,070
258,850
$472,000
432,000
484,000
734,000
354,000
455,000
1,655,346
$2,931,000
-
1,655,346
Value)
Foreign
Foreign
Government
Corporate
Total
$17,000
$2,000
$491,000
438,000
6,000
14,000
"3~O00
501,000
12,000
1,000
747,000
9,000
"2TOOO
466,000
$75,000
$8,000
$3,014,000
371,000
17,000
1943
889,502
Jan. 1 to Dec. 22
1943
1944
69,190,739
$2,931,000
i
^
Foreign government
Foreign corporate
———
Total
—
————
-
75,000
8,000
$3,014,000
-
$3,091,000 $176,648,500 $214,500,000
89,000
21,000
9,785,000
1,237,000
-Bonds-
-Stocks-
and bonds
& Co. '
10
10
30
20
13
Total
10
First
Second
Indus¬
Rail¬
Utili¬
65
Indus¬
Grade
Grade
Utili¬
40
Rails
Rails
ties
Bonds
109.00
104.92
ties
roads
Stocks
trials
10
Total
December
16
152.53
46.98
112.69
90.73
December
18
151.53
46.95
26.09
55.85
107.14
112.73
90.69
109.04
December" 19
151.62
48.09
26.03
66.21
107.15
112.75
91.24
108.94
105.02
150.59
47.40
25.84
55.71*.1
107.14
112.72
91.15
108.86
'•104.97
108.81
104.89
108.81
104.95
--
26.25
56.13
107.24
*
December
21
150.28
47.21
25.82
55.58
107.00
112.66
91.07
December
22
150.43
48.01
25.90
55.88
107.09
112.61
91.29
12,416,000
1,307,000
$3,201,000 $177,670,5 00 $228,223,000
Slock And Bond Averages
the-daily closing averages of representative stocks
the New York Stock Exchange as compiled by Dow, Jones
are
trials
70,220,583
Bonis
Domestic—
$40,602,850 $2,645,990,200 $3,207,301,625
December 20
Deo
121
Jan
115
82% Nov
14% Jan
Stocks—No. Of shares
274,039,180
Date-
Sep
4% Jan
6
41% Nov 13
1944
255,822,088
listed on
Oct
Jun
11
July
44% Oct
84
Apr
57% Jan
14% July 14
Dec 22
Jan. 1 to Dec. 22
$50,850
$5,696,200
1,677,000
102,009,000
38,875,000 * 2,538,285,000
Below
Jun
July 38
29% July 7
97a July 5
22
Feb
7
Jan 26
Jan 24
(Number
of
:■
9,210,100
16,027,200
$1,670,000
1,670,000
112'/a
106% Jan
wd When distributed. x-Ex-dividends. y Ex-rights.
8 Special sales,
13,291,100
$65,539,700
3,649,530
July
107% Nov 30
3
6.000
15,000
6,999,588
$82,000
24% May
4
3
;
-
Jan
Oct
19
Saturday
259,000
300,000
307,000
6,999,588
Bonds
Dec
15%
Week Ended Dec. 22
U. S. Government
24%
Dec
36% Dec
3% Jan
$8,695,800
$2,000
Week Ended Dec. 22
Stocks—No. of shares
Oct
Nov
144
33% Jan
'
"Sales
Bonds
■
13,002,100
8,908,000
10,523,500
1943
Apr
49%
119
1
Bond
30,000
1944
Apr
11%
22
Jan
9 %
6 Ve
Jan
31% July 10
31% Dec 12
7
8
27% Mar
Jan
5%
37% Oct
53% July 10
No par
r Cash sale.
Sep
31% Dec
Jan
7
3
Feb 10
110
Jan
Jan
Jan
Jun
16% Oct
11% Jan
July 10
Oct
87% Oct
119
Stocks
Government
1,280,640
Wednesday
Jan
109
19
Zonite Products Corp.
Total
$204,000
316,000
284,000
$8,489,800
8,879,100
15,737,200
1,021,340
—
57
18
Baity, Weekly and Yearly
Foreign
Bonds
20
Transactions at the New York Curb Exchange
United States
Bonds
Shares
Week Ended Dec. 22, 1944
Aug
99
3
1
Daily, Weekiy and Yearly
Railroad
and Mtscel.
Dec
85
Jan
103
Zenith Radio Corp—
Transactions at the New York Stock Exchange
Stocks,
20%
Jan
67%
4
13
No par
& Tube__No par
preferred series A
100
Youngstown Steel Door
No par
2,100
5,400
Jan
50%
Jan
25
Corp
8%
4
6
10% Jan
5
123
Sep 25
19% Apr 27
• 36% Jan
3
5%%
3,500
38%
York
8% July
4
Feb
Youngstown Sheet
170
105
5%
Jin receivership,
Sep
Dec
July
18
8
Young Spring & Wire
8,800
39%
39%
'
2,000
■
18%
5%
*Bid and asked prices;
18%
18
105
Apr
Dec
6
5
Co—
Yale & Towne Mfg.
1,800
X 5,900
•
:'38%
38%
5% ,5%
.
13%
M —— mm ~ mmmi «• — *m «.
Wyandotte Worsted Co_
400
18%
18
18%
18%
5%
18 Va
104%
1,300
34%
13
39%
105
39 Ve
104%
39
104%
*104% 105
i
13 Va
*33%
34%
18
18 Va
18%
18%
39
19
13
13%
13
800
400
80
70%
—
—
6,300
81
81
Jan
110
pfd—100
10
Woolworth'(F W) Co—
—10
Worthington P & M (Del)-—No par
20% Jan 4
Prior pfd 4%% series
100"
47% Jan 5
Prior pfd 4%% Conv series—100
' . 49
Jan 5
Wright Aeronautical—_—-No par
" 69%Jun 8
Wrltrlfiv fWm) Jr fDel)
No pa* *
58
Apr 26
Woodward Iron Co
6,700
V
V-
*69
70%
*33%
35%
13
39%
105
V;
■»-»
35 Va
V
13%
104%
•'•3
—
•
.
82%
82%
.
81
70%
13%
•
82
82
84
V 81
84
*83
'
10'
Co
Wisconsin El Pow Co 6%
1.86°
i
42%
41%
37%
2%
5
80% Jan
No par
preferred
Wilson-Jones
1,000
■V
20%
$6
''•
f
20%
41%
b
81
35%
13
*12%
42%
71
—
;
i'V V *128
—.
20%
-20%
39%
78%
80%
84
-
41%
38%
'
:
:
38%
42%
37%
*128
21%
20%
21%
13
13
13%
13'/a
*128
'
20%
21
41%
.
•;%
si
*79%
*128
:
98 Va
13 Va
13 y8
13 Va
,
i
*128
98%
98%
*98%
98%
2*6
28
4
1
59% Feb 19
1
J
No par' '
Wilson & Co Inc
98%
Motors
Willys-Overland
10%
*98%
Jan
,
Dec
*
1" ~
No par* : x64%
—20
24
5
4%
White Sewing
:'M
7%
7%
7%
*7%
7%
7%
17%
9
37 Va Dec
97%
20%
66%
18
20
5
—1
White Motor Co—
5,200
1
Jan
Feb
105% Jan 12
101% May 26
—
5,000
8%
*80
84%
*82%
.'400
*
26%
'
8%
'
7%
7%
26
20%
118% Sep
29% Pec
4
25% Jan 13
Wheeling Steel Corp—*
No par
$5 conv prior pref,
No par
White Dental Mfg (The S S),
20
6,800
540
21
*20%
23 Ve
Jan
July
102% Dec
Apr 24
21
Wheeling & Lake Erie Ry—,—100
5Va °!o conv preferred
——100
230
:t.
90
89
-
9%
*30
31%
*30%
90
;
V 8%
-
8%
8%
31
*30%
<
v
83
*82%
84
*82%
8%
90
21%
26%
8%
8%
8%
8%
90
21%
27
,
26%
90%
*21 Va
91%
21.
■:
31%
31%
$4.25
200
32
preferred
preferred
$4.50
80
106
32
v
Jan
12%
26% Dec
No par
No par
Westvaco Chlorine Prod
120
65
x64%
*104
104
>
15 %
113
12.50
-No Par
Instrument
Elec
Weston
300
X
110
107%
65
65
104
32%
31%
32%
26%
91
21
*20%
31
31%
31
31 %
;:i-.
104%
104
103%
25
Aug 23
21% Dec 13
Apr 25
x91
Feb
127% Mar
—50"
50
preferred
partic
800
27%
*109
*105%
-
106%
*105%
67
67
69
103%
103
103
•
;;;
69
:
109
109
110
107
*27
27%
27%
27%
27%
27%
*27%
:•
111
1st
120
33%
*33
33%
33 J/4
107
:;,x:
30%
30%
30%
■
34
*110
110%
107
71%
27%
*27%
28
.
110
34
31%-
30%
31
30%
31%
30%
32%
7%
102% Dec
41
22% Jan 20
'
No par
—
116
31
16%
103
26%
3%
7%
Pap Co
No par
preferred
100
Auto Supply Co
10
Western Maryland Ry
100
4% non-cum 2nd preferred—100
Western Union Teleg class A -No par
Western
1,700
14%
43%
27
*26
27
*26%
5Va
14
15% July
Dec
10% July
77
6%
:
34%
14%
5%
4%
14
■
110
34%
15%
J
23%
*109%
35
5%
14
15%
110
35%
35
5
4%
5
117% r':
34%
Jan
22
West Va Pulp &
110
110
*109%
,
July 30
2
130
13,900
,
!
*117
*109% 110
15
36% Dec
56
Jun
26% July
102%
14%
44 %
27
••
36
4%
*13%
45%
27
110
26%
102%
*23%
May
2% Mar
26
79% Nov
110
23%
13
May 18
Jan
102%
*23%
Jan
2'% Aug 21
'62
27
24
14
25
Jan
109%
117
Jan
%
11% Mar 31
9
Jun
'
102%
23%
4%
3
27
Oct
9%
17%
112%
117%
Jan
69
102%
23%
4%
19
110%
*116%
27
20
102
117%
,10% Jun
15 Va Apr 25
No par
No par
No par
*
Snowdrift-.
$4 conv preferred
200
•
:
112
24%
24%
*109 % 110
36
36%
18% May
900
:
180
Xll7%
Jan
25% Jun
Wesson Oil &
*101
102%
*101
.
1
Wayne Pump Co
Webster Eisenlohr
1,700
25%
26
25%
26'/a
102%
15%
85% Dec
5,800
101%
24
*109%
102 %
9
Jan
6
West Indies Sugar Corp
'—1"18% Feb 9
West -Pcnn'Electric class A—No par
83
Jan
3
7% preferred
-—
100
96'/a Feb 16
6% preferred
-100
85Va Apr
1
West Penn Power 4%% Pfd
100
113% Apr 1
9%
23%
31
85
Nov
23
Jan
6
6% Jan 3
22 % Jan 26
300
Va
*82
84%
*81.
5
No par
-No par
5
Waukesha Motor Co
23%
9
Jan
X20
Feb
31% Dec
112
j
\
118%
24
110
*109%
X
118%
24%
24%
25%
*100%
25% '.'I.;
25
100%
•v
Fdy & Pipe__'
Washington Gas Lt Co
600
1,000
21%
30%
9%
23%
23%
85
1-9%
23%
9%
23%
f
31%
*30%
31%
*31
31%
9%
23%
85
9%
23%
24
*30%
31%
*30%
9%
9%
24
"X 20%
21
*20%
21
21
21%
v
Bros
Warren
•
•
Pictures—
Warner
20,400
•
38%
54%
7V* Jan
8
Jan
1% Feb
45
Jan
11% Apr
22s,a Feb
22 % Apr
50
preferred
'
24%
21
$7
400
22
11V* Jan 12
No par
No par
cl A_.
Class B
share
4
Nov
48
No par
Co__
Ward Baking Co
600
1,600
•
13%
35 Va
58
58
13%
Ve
8%
9
Waiwortn
10,600
8%
*9%
1%
Highest
f per
t per share
68
No par
preferred
$ per share
t per share
G & W_.—No par
(Hiram)
Div redeem
''
.58%
*58
13%
8%
9%
8%
1%
•
Walker
1,500
Year 1943
Lowest
Highest
Lowest
Pgr
19%
*9%
9%
1%
•
Range for Previous
Rang© since January 1
STOCK
EXCHANGE
Shares
63%
62 %
*18%
a%
9 Va
9%
1%
13%
58%
13%
9
9%
1%
•
9 Va
9%
1%
*18%
19%
*18%
19%
*18%
•.
9
•
9%
1
%
19
*18%
19
62%
19 %
62
64
63
64
YORK
NEW
the Week
$ per share
$ per share
share
$ per
share
63%
65
65
65% '
$ per
share
Dee. 21
Dec. 20
Sales for
Friday
Dec. 22
Thursday
Wednesday
Dec. 19
Dec, 18
STOCKS
HIGH SALE PRICES
Tuesday
Monday
?
CHRONICLE
THE COMMERCIAL 8c FINANCIAL
Number 4345
160
104.90
U
ft
,."V
-i
,
5\». 7''^V
-
-
"
THE COMMERCIAL
52772
Bond Record
week
italic
The
"and
are
."w'
l'r':
S.
U.
1951-1953
1955-1960
1945-1947
-1948-1951
1951-1954
'
1956-1959
-1958-1963
1
1960-1963
1943
___--1948
1949-1953
—-—1950-1952
1952-19541
—1956-1958
2%s
23/4S_—,
Treasury 2%s—
Treasury 2748
Treasury
274s
,274s—
274s_-:
.2Vis—
2%s___
2 Vis
2Vis
2 Vis_—
2'/2s—^
2Vis —
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
1|62-1967
.
2Vis
Treasury
2 Vis
2Vis
Treasury 2 Vis.
Treasury
Treasury
Treasury
2Vis—1
Treasury
2 Vis
Treasury
Mar
Dec
Jun
Sep
Dec
Treasury 2s
2s
2s
2s
Treasury
Treasury
2s
Treasury
March
Sept
Treasury 2s
2s
Treasury
2s
Treasury 2s
Treasury
_____June 15
____Dec 15
Treasury 2s
2s
2s
Treasury
Treasury
Treasury l3/is
Owners'
Home
1947
1948-1950
1948-1950
1949-1951
1949-1951
1949-1951
1950-1952
1950-1952
1951-1953
1951-1953
1952-1954
1952-1954
103.21
103.21
105.18
'
*109.30
*103.15
103.17
M-S
*110.25
J.
109.28
110
J-D
110.27
*112.20
MS
*101.19
101.21
*105.31 .106.1
J-D
.
*112.1
111.9.
*105,31
106.17
J-D
*106.29
107.15
*103.29
103.31
107,7
,
M-S
*103.22
;
*100.24
100.26
No.
30
——
1945-1947
1980
Corporate Stock
J-D
100.9
100.6
100.5
M-S
;<3
1
100.5.
100.4
100.11
15
100.9
100.7
100.9
M-S
M-S
'
100.11
19
100
"
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•;■■■
100.11
100.9
100.22
107.3
100.22
100.22
*106.29
106.31
*102.3
102.5
102.8
102.8
107.21
107.21
106.18
107.21
*100.22
100.24
J-D
*103.20
M-S
*101.27
101:29
10"L31
101.31
104.12
104.8
Telephone
120
2-2300
101.26
3'As
3s
1961
1967
M-JV
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J-D
M-S
J-D
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__
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100.20
100.2
A
sink fund 6s
*101.24
101.25
M-S
*101.22
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A
101.23
*101.19
101.21
10~uT
101JL9
*101.16
101.18
101.6
101.20
*101.8
101.9
100.21
101.10
100.24
100.5
100.28
J-D
M-S
M-S
—
M-S
100.24
J-D
100.24
100,16
*100.9
J-D
100.11,
18
100.19
100.8
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100.11
*105.24
105.26
105.12
*101.8
J-D
J-D
10;,9
;
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J-D
113
40
113 Vi
113
103%
104%
15
1958
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101%
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40
18
45
1942
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18
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53
1961
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61%
*
66 %
2
17
36%
c__1945
M-8
86
34
34
34
J-J
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17
36 %
16%
32
16%
5
34%
34
34
1957
A-0
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34
s
f 7s 2d series—1957
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35
s
f 7s 3rd serles__1957
A-0
1958
J-D
(National Government)
84
4
29%
84
-
>__Jan
19bi
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_____Jan
1961
J-J
Sep
1981
MS
Sep 1901
MS
1902
89%
?
25
16%
19%
18%
18%
18%
;
16%
31
,
56 %
J-D
1961
J-D
17%
17%
17 Vi
1961
A-0
17%
assented
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1962
Munlc 7s
1960
1928__
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—Oct
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$
6Vis
93
1953
J-J
..,1953
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1941
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61
2
61%
34
60%
1957
J-D
A-0
56
58%
59
59 Vi
.
wks
A-0
54
54
58%
59
59 Va
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1952
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102
Stamped pursuant to Plan A
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1978
J-D
1979
A-O
17%
16%
5
16%
*20
■
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68%
68%
5
100%
106%
65%
50
48
47%
63 y2
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56%
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63%
51%
60%
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8
49%
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56
56
7
56
68%
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1953
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1945
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A-0
1952
41% '.41%
72 Vi
72"%
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1977
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1961
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2
77
69
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89%
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77
'
78%
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4
67%
12
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3
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;
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1949
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12
54%
54%
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54%
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13
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14
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60%
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106%
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1952
r»—
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—
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31
97
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1968
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97
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17
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__
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19
'
'.
3%s
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Series
No.
20
footnotes
see
58%
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55%
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56%
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56y4
53%
573/4
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59%
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*54
•
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—
FIRM TRADING MARKETS
,
f!ARL MARKS & HO. IncX
i
FOREIGN SECURITIES SPECIALISTS
58%
50 %
*54
*54
.
page 2776.
*54
,
19_.
3%s
'
SECURITIES
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50 Broad Si., New York 4, N. Y.
Telephone HAnover 2-0050
11
——
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agree
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AAssented to Nov. 5, 1942, agree
AAssenting 4s of 1910
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5A Treasury 6s of 1913 assent—1933
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13%
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60
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__
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106% 106%
1964
paid
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1
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17%
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56
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1949
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58%
3
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\
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1951
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102 y8
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57
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17
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1942
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93
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1
20
1947
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99 y2
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.
17%
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■
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,
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101%
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19%
56.
■
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——
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f
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19
17%
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20
31
>
1981
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'
120
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2
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95
'
.
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•
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1949
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;
16
1957
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1979
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.1957
;
18%
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.1950
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/
19%
20
18%
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1957
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16%
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1972
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s
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1963
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—
•
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1962
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1940
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of
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1961
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s
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106%
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17
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108%
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4
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50 V
4'"
109% 109%
1963
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series
86%
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5
'
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100.28
100.28
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*,23.
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.
105.12
4s____1968
1943
s
71
83%
1953
assented
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,
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s
95
90
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100.11
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100.19
100.9
100.27
*100.25
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'
81%
64
99%
102
95%
'
Jan
AExternal
101.26
J-J
Broadway, New York
1947
1948
sink fund 6s
92
15
^7s assented
(Colombia)-—
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'58%
92
3
Jan
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51%
.2
97%
96
_Jan
*
3a
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A
■55
82 y4
J-J
1968
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58%
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51%
siy4
.
A-0
3s
104.8
J.J
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51%
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81%
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3s
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A
M-N
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25-year
103.22
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51
54 %
59
*101% 102,
A-0
30-year
100.14
,
100.4
106.9
2
Canada
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54
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*
100.9
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F-A
:1984
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M-S
1973
f $ bonds_j.___
s
AChinese
&
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1970
1970
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59%
97%
,
I
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J-D
1977
f. 4y4-4Vis_
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3%
A
Agricultural Mtge Bank
52
96
/
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100.11
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;
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i
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58% •!
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.
_1957
1958
f 4V8-43/is
s
'
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54
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stamped
55 y2
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*54
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s
60
52
55
*54
29
Series
55%
54%
50%
16
54
;
28—
No,
52
■.
54Vi
54 Vi
27
No.
3%s
City
York
No.
Series
AGs
100-12
100
33/4s
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100.16
100
26____
Series
55
Vi
*54
Sinking fund gold 5s—
Sinking fund gold 6s
Buenos Aires (Province of)—
100.17
100
100.16
No.
'
104
100.11
Series
Brisbane- (City)
\ 103.17 103.22
103.24
J-D
*100.14
3%s
54
25____^_____
Series
January 1
V Low
High
51%
*54
54 Vi
24____
No.
3%s
Range Since
Sold
No.
'
107.7
103.29
No.
Series
3%s
Bonds
Friday's
*54
Series
..
'
•
23.—r,—_____—
•
"106.16,106.24
106.14 106.31
;
106.31
*107.13
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;•
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M-S
M-S
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——;—_—
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;
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102 '
22...—__—
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—
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,111.16 112.13
112.22
MS
MS
Week's Range
Last
Sale Price Bid & Asked
'
-
,3%s
110.19
104". ; 104.20
.'•110.9
111.11
'
{Continued)
(Continued)
External
$ bonds
High
103.21
Brazil
Loan Corp—
New
3%
only transactions of
for the year,
AGuaranteed sink fund 6s
1953-1953
June 15 1948
M
series
IVis
Transit
Friday
Interest
Stock Exchange
Period
106.9
-
&'•.(>.»
■
.
BONDS
New York
111.23
105.9
J-D
2s
Treasury
'Low
109.24
J-D
.
No.'
103.28
1963-1968
'2'iS—~
Treasury 2 Vis
Treasury 2 Vis
-
109.22
June 1964-1969
—-Dec. 1964-1969
_____1965-1970
.__T._1966-1971
—1967-1972
1951-1953
1952-1953
1954-1956
—--—1956-1959
2Vis
Treasury
Treasury
'
January 1
*103.26
J-D
1949-1952
Treasury
>
Low *High
}qJ?"Jq«
3s
J
V
Range Since
Sold
*109.20
J-D
3s
Treasury
22
"
Bonds
Friday's
l-O
____r1947-19M
—1946-1956
3%s
Treasury 3%s
Treasury 3%s
FOR WEEK ENDING- DECEMBER
M-e
;
Government
4'As—__
or
Bid & Asked
Sale Price
Period
1;
"V
YEARLY
-
'
f " Last
Interest
'
Stock Exchange
Treasury
RANGE
Week's Range
Friday
BONDS
New York
Treasury
WEEKLY
-
Cash and deferred delivery sales are disregarded In the week's range, unless they are the
In the week in which they occur. No account is taken of such sales in computing the range
headed "Interest Period" Indicate in'each case the month when the *»ond# mature.
letters in the column
•
Treasury
FRIDAY
interest"—except for Income and defaulted bonds.
and when outside of the regular weekly range are shown In a footnote
NOTICE—Prices
the
Monday, December 25, 1944
New York Stock Exchange
«»
*
& FINANCIAL CHRONICLE
Teletype N. Y. 1-971
i
.
Volume
'&
THE COMMERCIAL
Number 4345
160
2773
FINANCIAL CHRONICLE
NEW YORK BOND RECORD
RANGE
BONOS
Week's Range
Friday
,
:
;
,
Last
Interest
Exchange
Stock
York
New
(State)
'
external
s
external
s
_1958
1959
t 6Vas
7s
Montevideo '(City)
AGs
A
series
External
(State)—
5s_t--
I
s
External
f
s
' V
,
3934
External
4 Via
fund
sink
sink fund extl
(Rep)
exu
A Peru
A Nat
ANat .Loan extl x
;
,
♦96 ya
'
101
99
99 Mi
100%
98%
98%*
J-, ■'
94
99%
96
96
105
40
89%
88
88%
3
Ma
104 %
•1
31%
38%
A-O
j-j
16 V*
28
25
25
17
11%
1st
i
26%
25
19%
Oct
26
/
2/
14
i
'
126 Ma
6MaS—-———1953
f-A
1948
A-O
pursuant to Plan A
(Int reduced, to 2.5% )_._,__1999
-external sink fund gold
_1968
A6«
•
'.Stamped pursuant to Plan A
J-D
,
"
i
external
I
44%
■
'
*r—
/
<34
'
44 %
1<
50%
T ;'?
j-d
3 8 Mi
f.
I
a
37%
A
series
ASilesia
A 4
extl 7s
of)
Vats assented
(Republic) extl 8s
AExternal sink fund
A
40
extl conv
4-4 Vi-4 %s extl readjustment
43 %
37%
35 %
i
44%
30
40%
><
38%
_
1953
1948
1S47
coll tr gold 4s
Adams Express
Coll trust 4s of 1907—
-
10-year deb 4 Vis stamped
—
Alabama
Great Southern
3 Vis
Alabama
Power
43%
mtge
3Vas
47
39
50
45
44%
43%
-
33
%' 41%
.3
37%
39%
37%
30
36
56%
61
12
12 Mb
2
:
f
11
/
12
^
17%
128
9
100 Mi
101 Mi
5
100
101 Ma
11%
debentures
s
76
75 Ma
■J_
102
91
91
•"
V,
,•*'
■•'"'l/
.
.
89
■' v-'r
r
12
<1
2030
1949
American Telephone & Telegraph Co.—
3%s debentures^-*.
*.
—1961
314s debentures
———1966
3s conv debentures
—.1956
Amer Tobacco Co deb 3s
..1962
Am Wat Wks & Elec 6s series AM-*1975,
M-S
M-N
G Chem conv 5%s___
tr
AAnglo-Chilean Nitrate deb
1967
Ann Arbor 1st gold 4s
1995
Ark & Memphis Ry Bdge & Term 5s 1964
Armour
&
Co
mtge
1978
A-O
1964
.—.—
3V4S series E*
Atchison Topeka & Santa Fe—
General 4s—
:
L1st
1995
j
A-O
Adjustment gold 4s
—1995
Nov
Stamped 4s —--1995M-N
Conv gold 4s of
Conv 4s of
Conv
AM Knox & Nor
Atlanta
1st
<fe
1st
Air
Line
Consolidated
California
General
L
&
N
unified
4yas
coll gold 4s
—
Guaranteed
gold 5s
page
105 Ma
2
109
112%
109
109 Mi
f-a
j-d
80
74%
80 Mi
296
44%
80 Mi
a-o
32%
30 Mi
32%
248
21%
32%
,
107% 108%
45
97
96
22
108%
45
79
59
62
22%
20 Ma
68%
141%
29
Canadian Northern Ry
Cart
of
& Gen
Ohio
Adir 1st gtd gold 4s„
&
110
;
Branch
A 1st
us.;.
13 6MB
119
115% 115Mi
1
115 Mi
H7%
112 Mi 112M4
7.
111 Ma
114%
107 Mi 107 Mi
4
107 Mi
111 Mo
95 Mb
67
116% 117
"
A-O
112%
J-D
F-A
95 Mi
95 M«
M-S
1960
104%
84%
98
gen
113% 114%
47
17
110 Ma
104%
107 Ma
5s series C___
101
103 TB
108%
Div
1st
J-J
J-D
1945
1945
1959
1959
F-A
M-N
A-O
115
Central
Illinois Light
JACent
New
Eng
86%
5s
96
107%
107 %
110
110%
.115% 125
112%
103 %
Prod
5V?«
General
Ref
104
gold
& impt mtge
3V2S D
impt M 3%s series E
116
R &
105%
A Div
52
39%
13
6
■
/
ref 3s
108 Mi
107%..
97
30
40 Mb
36
38 Mb
734
28
3 3 Ma
34
35 Ma
121
26
37 Ma
J-jr
35
.
67
.
F-A
107%.
98%
86
13
/
69
100 Ma
89%
106%
37
33%
103
48%
39 Ma
105%
mtge
inc .(conv)—.
.
105 Ma
F-A
105 Mi
J-J
100Mb
101.V
140Ma
140%
1
105 Ma 106 Mb
18
105 y4
109%
3
104%
109
105 Mi 106
♦103 Mi
J-J
A-O
103%
Ma.
33 Mb
.
1
2.293
30Mb
J-J
F-A
J-J
112%
57
112% 113
84%
113
M-N
48
130
63 Ma
61
200
130
58 Mi
60 Ma
33 Mb
98
..
—1997/
—1982
124 Ma
21%
45
111Mb 112
312 Mb
128%
120
7
124 Ma 124 Ma
32 Mi
103%
121%
—
128 Ma 128
.
88
103
132%
140 Mb
M-N
J-J
2
.125 Mi
,70 Mi
130
93 Mb
J-J
A—1988
.—2038
JChicago Ind & Louisville Ry—
ARefunding 6s ser A...—
1947
A Refunding gold 5s series B—1947
ARefunding 4s series C—
—1947
A 1st & gen 5s series A—
.*1966
A 1st & gen 6s series B——May 1966
99 Mi
72%
100
__
M-S
33%
108 V»
74
49
101 Mi 102
85
101 Mi
100
-
274
97 Mi
98 Mi
M-N
M-S
113
107 Ma 108
83
F-A
35 Mi
26%
♦31
^..1958
1977
General 4s
"1st & ref 4%s series B—
AGen
112
83%
757
115 V*
Chicago & Eastera 111 RR—
34%
96 Ma
♦_*.
Chicago Burlington & Quincy RR—
.
16 Ma
66 Ma
40 Mb
< A Chicago & Alton RR
106 Mr
,
48%
23
»
19
31
30
21
16%
10
256
14
66 %
-
38 Ma
129 Ma
118%
90%
45
■
39
1989
4s
81
38%
65
' .*•
J-J
—1989
1949
1st cons gold 4s
consol gold
Chicago Gt West 1st. 4s series
AGen inc mtge 4%s
—
44%
12 Mi
13 Ma
65
94 Ma
.1946
Potts Creek.Br 1st 4s
107 Ma
104% 104%
56 Ma
10 Mi
96 Mb
1992
1996
1996
4M2S
104 Ma
41
37 Ma
198
«
__
5
359
259
14%
—
Chicago & Erie 1st. gold 5s_
106%
56 Ma
12 Ma
J-J
1948
A
108
100'%
98%
53 Ma
14 Mi
4-0
(Dec 23)
108
98
79%
Chesapeake & Onio Ry—
106%
106
76
1987
J-D
.
98%
J-J
4S.1949
Guaranteed gold 5s
I960
fACentral RR & Banking 5s stmp.1942
bonds
96 Ma
J-D
1987
registered
Called
53
A-O
Central Pacific 1st ref gtd gold
(,'ert.flin-t.ppd
76
11
55 Mi
1987
111
106% 10614
.
105 Mi
76
X69Ma
—
1987
4s
j-D
-
101 Mi
♦104Mi 105Ma
106
1961
registered
AGeneral
105 V*
104 Ms
76 Ms
103 Ma
11
1
1846
gold 5s
111%
-
76 Ms
*
1968
3Mas
1st gtd 4s
111 Mi
__
52
104 Mi 104 Mb
98 Ma
106 Yi
127
„
76%
J-J
gold 4s._1951
gold 5s
88
106
2d
129%
F-A
1948
5%s series B
gen
AChatt Div pyr money
102 »/2
__
109
♦105 Mi 106Ms
Nov
ARef &
AMobile
116 Ma
M-N
104
1962
102%
101%
97
lOOMi 105 Ma
14
104Mb 105
♦110% 111 Mi
debs
mtge 5s
A Ref
95%
104% 104%
45
116
4
116% 116%
M-S
1st gold 4s
&
103
118 Mi
3
J-D
J-J
debs.
U P
§ A Consol gold 5s_.
102%
Ref &
99
116
12
•••>.
116
116
116
^Central of Georgia Ry—
76%
105% 106
J-J
1955
106%
73%
108
118 Va
;_1950
1981
Corp 5s w w
A Cent
105
■
112%
116 Mi
1965
4s
Celotex Corp 3%s
115
108
95%
6
deposit
Clinch &
Celanese Corp 3M2S
89%
106
101%
-
2
116 Mi 117
1949
tSACarohna Central 1st. gtd 4s
104%
63
♦110
4
106
106
112% 112%
1946
Can Pac Ry 4% deb stk perpetual
Collateral trust 4M2S
104%
107
♦112
A-O
J-J
1969
deb 6M2S
104
100%
95%
97%
A-O
•
103%
6
129
85%
13
91 Mi
1962
110'A
16
♦90%
-
102 Mb
69
-
'
4s
74
♦104%
97 Ma
76
73
73
97
7
/
F-A
X A Central of N J gen
108
91 Mi"
31
89%
6
90Mb
1951
67
94%
21
45
31
102%
102
j-j
a-o
r
1955
1956
103%
104
104
29%
31
a-o
1955
4%s
101
100% 101%
106%
—
m-n
4%s
4M2S
114% 115
106%
:
*
'l957
gold
89%
__
*102%
286
J-D
110 Ma 110 Ma
—
at
■
gold
gold
117
2776.
108%
103 Mi
.1970
109 Va
M-S
112%
106 Mi
7
Oct
106%
1948
—1953
108
11
105% 105%
1957
109%
1948
19
107 Mi 107 Mi
.1968
1
1964
11018 110a
M-S
3M2S
6
M-S
J-D
M-N
J-J
J-J
M-N
M-S
gtd 5s A
4
M-N
104 Ma
gold 4MaS
111
—Oct 1952
Atlantic Refining deb 3s_
see
cons
111
A.
mortgage. 4s^
For footnotes
Power
116
Atlantic & Danville Ry 1st 4s
Second
Elec
Canada Soutnern
Canadian National
111
..1963
mortgage 3%s*
101%
i—
111
[Atlantic Coast 1st cons 4s.__.July 1952
♦10HS 105%
1952
5s.
116
-
M-N
deposit...
111
Ry—
103 Mt
.19 14
of
1960
—1946
gold 5s.
Charlotte
••/
103 Ma
8 A 1st & coll 5s
1955
1010—
110
1947
111
1905—
106%
.1969
J-D
—1955
1909—
gold 4s of
"l
101
101
107% 108
129%
65
20
Guaranteed
103%
123%'124%
'M-S
41%
1969
100%
108
113%
141
*1$6M»
53.1945
f debentures.—
103
~3
■'
debenture?—
income
7s
(Del)—
82
123%
Jan
»• Q-J
M-S
65
F-A
ref 6s series Aj,
Certificates
104% 104%
100%
67%
62%
Guaranteed
10
3
♦89
A-O
M-N
66
65
',108% 108% "
mtge s f 3MaS__
100%
108%
67 Ma
67
F-A
76 Mi
66 %
__
♦100%
A-O
J-D
M-S
lOOMi
52 Va
M-N
78 Ma
107 %
95
83 Mi
133
60
•
■.1.
105%
♦104
104
100
36
fob Mi
'
103% 103%
F-A
105 Mi
96%
99%
J-J
109
♦103%
_1951
101
5
>
105
92Me
3
♦102
99%
^Burlington Ceaar Rap & Nor—
95
10 X.
...
18 MB
107
110%
♦104%
.
107%
■"
65 Ma
'■
♦140
__
104%
104%
104 % 105 Mi
60
47
53
79
„
12
'
107 Ma
101%
M-N
Guaranteed gold 5s
2
72s/a
72 Mb
77
■
♦9
12
105 Ma
104 M« 104 Ma
M-N
104
17%
21%
91
'
♦68%
108
Foreign Pow deb 5s_...
M-S
J-J
lien &
2
10
104
106% 106%
A-O
13(P/a
19
106% 107 Mi
107%
F -A
25
10
.
J
•
♦73
A-O
A-O
A-O
A-O
I
J-J
F-A
mtge 4s
Guaranteed
A-O
&
Corporation—
& Pgh Ry-r—
'Stamped
modified
(interest
3% to May 1, 1947) due
♦90
F-A
129 Ma 130
'.18 Ma
'j
♦89
1946
1946
1954
1998
Amer
A-O
Buffalo Jtochester
>
11
-.-Vr
-''.M/ —r
r
♦91
109%
102
5
2M*s_—
Loan
Indus
Bush Terminal 1st 4s
11%
8
25
♦100 Me 101 Mi
12
89
98%
♦102
64 Ma
66%
64 Ma
'.♦15
__
90
73%
100% 101 Ma
68
11 Mi
...X:'.1
74
87%
87
101 Ma 101 Ma
40%
35
♦16
;.
88
93
A-O
44.x.
35%
64%
\
98
•
56%
84
86 Ma
♦81 Ma
J-J
1960
1948
Am
J-J
1967
66
Albany & Susquehanna RR ,3%s_
31-2S registered J,
4V2S debs
1951
57
93
1981
35%
—
A-O
Corp
91%
—1951'
ACertificates
1948
Stores
93
-
37%
35J
Albany Perfor Wrap Pap 6s
Cs with warrants assented...
Allied
J-J
64
J*D
)i
M-N
J-J
Allegheny Corp 3MiS sec conv
'Alleghany & West 1st gtd 4s
1959
'80
■-
'
43%
41
1967
1972
1st
88
250
98
v' 84%
Ma;;
1950
Beneficial
Gen
45
♦37%
j-d
_1946
95%
87
A-O
Cariiers
J-D
J-D
M-S
96
J-J
1951
1960
50
Industrial Companies
1953
M-N
1950
due..^..
Beech Creek Extension 1st 3MaS
Bell Telephone of Pa 5s series C
"M 4s
♦43 Va
f-a
J-J
F-a
f-a
AStamped
58%
stamped
4s
Carolina
Railroad and
31Ma
4%s series JJ
:
1961
series RR
x,
1960
AInc mtge 4M2s ser A
:__July 1970
f ABoston & N Y Air L 1st 4s
1955
Bkiyn Edison cons M 3M«s—
1966
Bklyn Union El 1st gold 5s
—1950
93%
81%
1
.
46%
72%
JAbitibi Power & Paper—
§A5s series A plain
1.385
1st gold
42%
34
♦43%
J-D
A4Mas assented
58 Ma"
Bklyn Union Gas 1st cons gold
75%
external 7s
(City)
a Warsaw
"2
6
♦45%
M-N
M-N
3Mas extl readjustment
36_
34
26
37%
37%
1978
1984
1958
1958
3 Ma-4 Me-4 ft
V;
42%, 4314
/
1978
conversion
External
53 Ma
1956
'
Consol mtge 3Mi8 series F—
_1959
•; Consol mtge 3s series G
1960
Consol mtge 3V4s series H
1965
Boston & Maine 1st 5s A C
1967
1st M 5s series II
——1955
Ma
90%
90%
:
1979
1979
readjustment
57%
1st
M-V>
M-N
3Mis-4-4%s <« bonds of 1937)—
External
72%
F-A
i.Feb 11960
1947)
1
Bethlehem Steel
40%
34 Ma
6
!
2%s
—
41
41
V
41
1960
1964
6s—
External sink fund 6s_.
41 Ma
ref 4s^_
Con
; :
.f 'f
48 Ml
29
26
41
F-A
F-A
1955/
—1948
8ydney (City) s I 5M2S
aUruguay
M-N
M-N
J-D
j-D
1962
19581958
B sec extl
(Prov
A-O
(Kingdom)—
•—_1962
secured external
8s
A 7s
72
292
'
37 Ma
39
38
A-O
——
Stamped pursuant to Plan A
(Int reduced to 3.5% )—1978
Serbs Croats & Slovenes
41
72 Ma
72
Bangor it Aroostook RR—
M
1st
J-J
to 2%)——2012
7s
1940
41 Ma
'»
38'
J-J
reduced
Secured
348
69%
due—
Jan
to
:
—_
Stamped pursuant to Plan A
(Int
40%
35%
4
37 Ma
37
J-J
1968
dollar loan
extl
45%
30
1
46 Ma
46
46%
M-S
2.25%)——2004
(Int reduced to
Afis
35
.40
.
35%
j-j
——1958
V;
103.
100%
15
43%
,
38
38%
Stamped pursuant to Plan A
v
; 69 Mi
71%
Toledo Cin Dlv ref 4s A
J-J
2.5%}——1999
exil water loan
A 7s
71 Mi
M-S
ser
Pgh L E & W Va System— .
/.
Ref gold 4s extended to__^;>1951
S'west Div 1st M (int at 3 Ma Mo
50%
50
•
3
40
Stamped pursuant to Plan A
(Int reduced to
M-S
(int at 1 % to
due
.2000
F (int afe 1M# to J Sep l 1946) due
1996
Sep 1 1940)
.
43
J-J
2.5%)——1999
1950
(Int reduced to
A8«
81%
Ref & gen
50%
j-j
(State) 8s__
_1936
Stamped pursuant to Plan A
Paulo
IAS»n
46%
1995
due.
Ref & gen ser D
m-n
M-N
Stamped pursuant to Plan A
'v ■'
(Int. reduced to 2% )———2012
.
254
37
101% 101%
M-S
M-N
_1957
f—
s
81%
45
to
A6%g extl secured
79
37
M/M-
V'
2.25%)—-2004
A7< .municipal loan
——1967
Stamped pursuant to Plan A
(Int reduced te 2.25%)—2004
Santa Ce external sink luua 4s_^_„1964
ASao Paulo (City of Brazil) 8s—,1952
reduced
(Int
,
81%
-.36
J-D
1966 7
external loan of 1926—
a7«
73%
J-D
101% 103
302
(int at 1M# %
1946)
l'i
..
■
A
(Int reduced to 2% )———2012
•
41%
3
—
—
pursuant to Plan
Stamped
437
37
Stamped
1.,'
73 Ma
9
.
(State of)—
extl loan of 1921
69 %
42 Mi
F-A
A8«=
'■i-:
73 Me
73
15 Va
>
43 %-
103
284
J-D
ser C
1
to Dec
AOonv
101%
100 >4
A-O
12
°42
j-j
70%
:_.July 1948
15 Ma
.•/
.
Stamped pursuant to Plan A
.
'
(Int reduced to 2% )———2012
Rio Grande do Sul
1946)
1
42 Mi
*
.
—
511
lOOMi
*
(int at 1% to
due—
1995
due
1946)
1
Dee
Ref & gen
31
-
99
OO
Ref & gen ser A
v
.,
July 1948
37
15 Ma
j-j
j-d
APragiie (City of Greater; 7MaH—1952
M-N
Queensland (State) extl 6s
1947 ... F-a
c' AR)o de Janeiro (City of 8s——1946,> f A-O
Stamped pursuant to Plan A wv • - :
(Int reduced to 2.375%)-—2001
A-O
sec
mtge gold 4s
Stamped modified bonds—
•
1st mtge gold
(int at A% to
;i
32
12%
♦14
High
.
60
./•;' 25'./. 25 Va
LiyjVD
Baltimore A Ohio RR—
.
♦14
.
Sold
NO.
High
B
24 %
40.
Range Since
January I
Bonds
Friday's
or
Low
24 V*
17
♦23 %
A-O
Last
Sale Priee Bid Ae Asked
Period
16%' 25
8
41
.
Week's Range
Friday
Interest
Exchange
39%
/
19%
19%
»25
;
New York Stock
42%
20%
18%
18%
a-O
•
External
New York 6
u,
Bell Teletype—NY 1-310
105%
18%.
iv
A
Stock Exchange
..
BONOS
97
1
-
20%
18%
a-o
<•«
.
Telephone—DIgby 4-4933
94%
87
97
38
r A-O
...
York
New
v
90
Stamped
j
' Members
■
Broadway
61
-
♦92
♦92
f
-1947
A4 V»s assented-:
——_1968
\AExternal sink fund gold 8s
1950
A4'/aS assented
1963
A Porto Alegre (City of) 8s_:
1961
Stamped pursuant to Plan A
Int reduced to 2.375%-2001
A External loan 7 V2S
——1966
pursuant to Plan A,.
.V(Int reduced to 2.25% )_f—2006
88
83
40
.
♦85%
j-d
-1940
f 7s^
s
r
105
_1958
^Stabilization loan
'
♦87
j4-s
.
PFLUGFELDER; BAMPT0N & RUST
.
98
96
;
•
t 6s 2d ser..—1961
A4«~»s assented—
..
100
93
98
M-S
1960
lAPotanO (Rep of) gold 6s—
.
100
100-
♦100%
~M-S
-
1959
(Rep at) external 7s
loan extl s f 6s 1st ser
98%
.,
M-S
1963
3Vi« ext to
—_1994
Ext sec ref 3 'is series B—
;1967
Apenianihnco (State of) 7s
1947
nu»d
Stamped pursuant to Plan A
(Int reduced to 2.125% )_____2008
89
93%
♦100
j-d
A-O
M-N
M-N
J-D
I oa aet A_rat)J
a
^Stamped assented 5s
Stamp
105
F-A
.—1963
loan
42%
32
92
A-O
-1965
;
1970
fCltyj sink fund 4y2S——.—1958
Panama
A
Railroad Reorganization Securities
42%
32
39%
^.♦97.
ikT-S
Municipal Bank extl s f 5s_—
Oslo
High
.
■
4s
Low
*103
f-a
A-O
1957
:
;
,—1958
4'/2s—__—1956
5s__
(Kingdom of)
Norway
January 1
Vo.
39%
39%
j-D
M-N
;
_
South Wales
New
39%
MS
M-S
1952
1959
1 6V2S
Sec
A
Range Since
Sold
—
LSec
A
•
Bonds
Uia>
Low
Minas Geraes
- ^
Friday's
or
Sale Price Bid & Asked
Period
DECEMBER 22
FOR WEEK ENDING
v
88
88
90 Ma
25
J-J
67 Ma
66
67 Ma
53
47
J-J
84
Mi
83
84 Mi
21
50
77%
79
63
47
73
74
28
45
74%
13%
14 Mi
214
10 Me
14 Mi
14 Mi
15 Mb
92
1Q%
15 Ma
J-J
79
J-J
74
M-N
14 Mi
j-j
15 Mb
•
■
Ma"
•
-
69 Va
84
Ma
Ma
79
THE COMMERCIAL & FINANCIAL
774
YORK BOND
NEW
RANGE
Friday
BONDS
Last
Interest
Exchang®
Stock
York
New
WEEK ENDING
Monday, December 25, 1944
RECORD
DECEMBER
22
Bonds
Range Since
Sold
No
Low
York
New
Stock
Interest
Exenaug®
Last
Range Since
January 1
Bonds
Sold
Asked
Sale Price Bid
Period
January 1
Asked
Week's Range
or Friday's
Friday
BONUS
Week's Range
or Friday's
Sale Price Bid &
Period
FOR
CHRONICLE
*
Lou?
Milwaukee & St Paul—.
series A
May 11989
tCmuago
104.
104
J-J
1950
Chicago Ind & Sou 50-year 4s,
High
9
104
87
■
Low
High
High.
105
,
4s
gold 3%s series B__May 11989
J-J
AUeh
4%s
91%
94
J-J
uGtii
AGtn
J-J
•AUen
4%s
series
E
Aden
4%s
series
F
74 %
94
21
69%
89%
Flintkote Co 3s debs'—
76%
96%
l:AFlorida Cent & Peninsu
76%
96%
.'77%
97%
96%
J-J
May 11989
8.9
96
96
96 V4
26
97%, 97%
:
96
196P
127
148
94
88 Va
J-J T V'.
May 1 3989
__May 11989
C,_
series
Certificates
of
.1958
102
1
102
104V4
1
114
134
%
105V4
105
.m-n
__
j-j
deposit-
"
1959
J-D
1956
tClne Milw St Paul & Pac RR—
m-3
j-d
1956
.
m-n
100
~5
% 101
57 Va
57%
,
F-A
Chicago & North Western Ry—
'%••■•:
A——'
1989
1999
1st
mtge 4s ser
gen
2nd
42
58%
103
103%
Income
1st
ut
Certificates
57 Va
AGa
13%
7%
13%
Certificates
*101% 103 Va
■
9o*/a
101
95%
M-a
——
Goodrich
General
k
Cin
Wab
General 5s series:C—
_1973
1978
j-j
1977
J-j
1946
j-j
1946
J-J
1967
J-J
102
1015/b 102
40
108
108'A
106% 106%
25
91
91V8
17
91
91 Va
20
77%
78%
.
12
108% 108%
*
•
102 J/a
lOOVg
104
104%
.
16
M-N
55
53
:
,,
108
102
109
108
92%
General
mtge
AGree/i
nil %
23
1993
coll tr gold 4s
1st
Cle-elano
3s_——
Ej.ec Ilium
&
j-n
1993
1977
1991
1990
1970
1st 4s—
Cleveland
J-D
106% 107 %
*110%
—
86
85%
87
524
j-j
78%
78
78%
24
101% 101 Va
3
108% 108%
17
M-N
_a
J-J
3 %S
M-N
3%s
107
F-A
gtd—.
1948
gtd—-—1
1950,
Cleve' Snort Line 1st gtd 4%s——-1961
Cleve Union Term gtd 5%s,.._
1972
s
f
5s
1st
s
f
4%s series
.*
107
Gen
109
109
109%
5
95
106
106%
"V 9
92%
Coal
104
105 Va
100
84
&
Fuel & Iron 5s: inc mtge
103
102% 103%
208
75%
1st
ref Term
&
j-d
O0
A-0
''
■•V
11980
Af-N
'—May 195'a
ucucillure 53—
—1,
1961
Coiumous & H V 1st extl gold 4S„1948
Columbus & Sou Ohio El 3 %s__,—3970
Cuiuuioua & Toi
1st extl 4s
1955
•,on«monwealth Edison Co—
Af-N
modified)
(stamped
Ooiunioia
E
&
u
aeb 5s
j-j
Ffv
River Power
&
A
Ad]
income
102% 103."
Illinois
71%
Collateral
106'/4
F-A
*113%
J- J
F-A
*112'/a
,,
109 Vb
.v
~1
106% 106%
debentures-
debentures
3%s
debentures—i
Consolidated Oil
Ry
tAC011 sol.
114
40-year
Litchfield
114 Va
Louisville Div
111
Omaha
105 Va
102%
108
25
mtge
Vb 106%
37
105 Vb
109 Vi
Western
33
103%
105 Va
111 Cent and
j-j
60
59%
j-j
60
58 Vb
'
-
mige
3Vb&..
:
M-N
'
•
receipts—
gold
£ Deposit
.
47%
J-J
103 V4
£•*47%
49%
47%
*65
65
,,
,,
*
*49
48%
J-D
__
*66
*47
—
A-0
1658
Dayton
P & L 1st mtge
Union
Ry
101
Rio
B—1965
Light
1973
Grande
3s__.
M-N
103 Va
A 1st
A
6
6s
1st
5s
j-j
A 1st
Internal
4s
Edison
Gen
&
rel
mtge
Gen
k
ref
3s
bci.rn t
Detroit
41
69
Inc Rvs Cent
int
83
59
"i
68 Va
39
51
65
59
65
49
Dul
gold
Term
Miss
&
tSADul
Iron
&
Sou
62
40
49
101%
100
9
98%
99%
61%
61
62
'
1995
4s
1961
Frankl
J-J
1st
cons
1st
5s_. —1958
gold 5s_. —1995
Elec Auto-Lite 2V4s debs
Elgin
El
—19S0
Joliet
Paso
5s
i
k East Ry 3V4S
S'W 1st 5s
—
&
Er'ff
RaMroad
1st
eons
105
Kanawha
Citv
{KspS'is
106 %
62%
45
224
Ft
1«r
mt.pp
fnn.notes Pee
75%
78
98%
63%
46
47
Kansas City
63'/4
&
impt
J-J
S'iS
—.
page 2776.
J-J
J-J
-1964
-1971
A-0
U-f
^
95 Va
73
97
' "
101
99
•79%
24
99
98%
48%
266
,
10
82
94%
85
65
10
86 Va
'
72
59%
■
.
85
29
82
67%
*95%
86 Vb
99
99
99
5
78%
85 Vb
84%
86 Vb
213
57%
81 %
79 Vb
*105%
81 Vb
125
52%
81%
.r**"
98%
105%
;??■ 99
-
-
"t4%
M-S
—
a-0
—
*111
y-:
99
'V-
75
v--:
'
j-j
44
74
110%
111
104%
107%
to"
47 Va
66%
-
86%
1
'
106 Vb 4-* O CT.
65 Va
68
203
875
16%
49
43%
28 %
26%
29%
59%
59
61
,.,1.956
A
k
j-j
59 Vb
601 b
24
74
76-%
105
B„, 1947
A
.1955
■•
__
A-O
74
%
j-j
104'A 105
-M-8
1972
j-j
F-A
At- H
106
.
m-n
1952
^—1951
1st
1959
56
55
56'%
40%
47
08
%
29'A
■
€1
4
107
'•
92 %
99%
96 Va 100
.-4-
.
94
j-J
77'/a
305 VB
105
109'/a
*4%
.
"
•
97%
-
74%.
149
5
93%
.vV.
325
98%
94
77%
•
96%
109
5%
3
__
102
6
lllVb
106% 106%
10
104%
44
58%
94
13
103% 103 %
95%
104
Scott
&
Mem
102 vb
i
98%
80%
82%
95
72%
*80 %
eold 41—1990
82 ya
ww
71%
89
92%
73
69%
92%
95
49
72%
96
«102Va
A-0
Ry—
1936
A-0
82'
1st 3s___ 1U50
7-0
92%
92
J-J
93
92%
1
Apr 1950
nold 4s
.,,1987
*118%
J-J
*65
10G1
J-J
1961
J-J
*100%
1961
J-J
Term
4%s
107 V*
114%
——
Kings Co
I—
6%s_
J-J
1997
1954
A-0
*173%
J-J
51%
69
91%
103
98
102
',jx.
99%
*1C9
1954
1st 5s_—
Lighting
ref
&
1st
^
J-J
*108%
V3
119
——•
.
*95 Va 103 %
1
uncuaranr.eed
—
90%
M***-
67%
*103%
Ind
Kings County El L & P 6s__i.
111%
107 %
107
69 %
56
103
.
37
*100%
Stamped
56V4
107% 107 Va
107
43%
8
106%
95%
J*D
mui
4s___
3%s
5s——
k
94%
172%
k.
.
__
175%
107%
—
__
109%
109
'
110 %
*■45 %
50
41
54
Koppers Co l't mtge 3s———1984
A-O
102% 102%
8
102%
102%
*96
29%
25
34
Kresge Foundation 3%
1950
1959
M-8
104% 105
5
•102 %
105 %
27
3%
5%
109% 109%
15
102% 102%
13
108% 108 'A
2
notes
{AKreuger & Toll 5s ctfs—r-
98%. 109%
.
102
106%
4%
4%
4%
108%
45%
32
24%
47
18
104%
111
ni6%
n5o%
noe
series
C
f-a
series
D
Sh
106%
104% 105%
41
106 % 106 %
1
102%
102% 102%
10
105 %
105% 105%
56
85%
J-D
,1997
J-D
.——1975
Dec
Income
A 1st
148 Vb
1501/4
Lehigh
Coal
k
103 %
Cons
sink
fund
rntee
Nar
reg
s
f4'is
A.._„ 1054
1954
4 %s series C
106%
Leliigh & New Eng RR 4s
82 Va
1051/4
Lehigh
80
1.03%
1
99
100%
10
98%
101
1
99%
101,/,
97%
106 Vb
89%
101%
105% 106%
8
•
*101%
—
1st
101 %
106%
170
64%
87Vb
15
101 </4
102 VB
102
107
k
5s '
1st
NY
ref
1st
sink
sink
x47%
21
51%
•
49
67
j-j
1C5
106
2
97 Vb
106
j-j
105
105
1
97
105%
—3965
a-0
4s_„1945
m-s
100%
*104% 107
—
fund.5s
stomped
fund 5s—.
—
99%
1954
F-A
,1954
.",——-1904
V- A
*90 V4
,.——.1964
,1974
F-A
*88%
10
99%
—
1974
100
90%
90 Va
95
•
86
*99%
fund 5s
stomped—,
k ref sink
5s
gtd gold
stamped.
k ref
5s
1st
k
4
47%
104%
Lehigh Valley Coal Co—
99% 103 %
87%
106
..
100
100% 100%
Nitrate Co Ltd—
116 Va
102% 102%
*100
101
F.A
.,..1953
,,1960
& Mich Sou gold 3%s—1°57
100% 101
100
A-0
5 %s
5%s
106
'
.
1045
5s_,
ref
ref
&
101 Vb
1
__
mcrrl
Ihcht
f}as
&
110
—
*102% 103
87
if-3
103%
104% 105%
43%
105
Af-8
-2015
86%
67%
86
86
.V'.'l-
1955
Steel
Ueiitrai
J-D
-1995
85%
60%
70
A-0
6S—.,l<*44
Southern Ry
Kentucky
•
—
58
74
j-j
,Juiy. 1952
gtd 4s
of deposit
ACertificates
62%
Kentucky
Co—
M 4s series B
85
.
82
/
j-j
1st 5s Bi
Fort
6%
A-0
1962
92
1956
A
1st, gtd
8
A-0
—
mtge inc 4J2S series A
1st tons mtge 3J/4s ser E
r><"
1970
60%
85%
86%
82%
'
,1956
92%
98 %
*94%
85
J-J
series F .,1961
series
Mich
&
3%
J-J
-1965
Gen
;•
■•.
j-d
(you
83 Vb
6?%
133
'
85%
70
64
34
*103 Vb
j-d
3%s«ser B.1986
Clear
4%
m-n
—1965
stamped
Empire Gas & Fuel 3'/2s
1
76%
f-a
4S—
gtd 4s
:.£
91%-V
97
F-a
,1963
.
97
96%
/V"
K
99%
Lautaro
tNYl
86%
m-n
,1951
A_,
scries
Laughlin
rpiristered
111
85%
m-n
108 Va
Lake
El
j-j
iyo9
102
100
97%
V'2:
92
103 Va
79%
&
68
A-0
Div
103%
52
139
M-S
Ga
100
91 Va
N O—
1st & ref 4s
5%
J-J
&
%;>-;;
100
*102%
m-n
5s_—
4%
M-N
—1950
3V2S—
34%
101 %
27
102% 103
103
92 %
,_1963
L &
series
Amer
4%
J-D
Range Ry 3V2S—1962
Tunnel 4V2S
72%
26%
v
'
4%
J-D
1968
Va
gold 4$—_,
6s series
4%
J-D
1970
H
75
117 Vb
J-4
l>0
.
91
B_L_
t Alowa Cent Ry
Coll
Tenn
121
*85
Telep & Teleg deb gold 4%a
Coil
East
32%
m-8
A,,__—a_-„_ 1952
4%
A-0
1st M
140
30%
17.5.30%
67%
115%
7
65 %
66%
105 :!b
102%
105%
2
160
*105% 105%
M-S
Shore & Atl gold 5s—1937
Light
Puquesne
115% 115 Vb
115'A
•
j-j
6s
fund
Debentures
4%s
3965
F—
Chemical deb 2V4S
Dow
A-0
3V8s series G—1966
series
M-N
Plain
k Mackinac 1st lien gold 4s 1995
ASecona
56
.
j-j
Paper 5s
Ref sink
Ry—
series
113
•
j-j
Hydro El deb
78%
N western Ry.
Chic &
See
Detroit
F-A
F-A
1978
5s series B
Plaines Valley
Des
1955
74
74
-
a-o
—1951
gold 5s series C.„_
§AInternat
Ref
j
mipt
rv
i—,
f 5s
s
Assented
72
J-D
F-a
gold 3s
1st .gold
series
62
103%
j-j
A
9 6'/a
302
j-j
5s
§ARefunding
1936
A Ret
9
gold 3Vas_1953
1st mtge 3s
53%
67
1O7V0 107%'
99%
A-0
void 4 %s_;
1936
tDenver & Rib Grande Western RR—
consol es—
AGeneral
ref
series
54%
RR—
( onsp,
1
103
j-d
3s
Louisville 1st
38%
:
j-d
1963
139%
85%
" 95
,1951
Chic St
Iowa
k
Jones
j-j
*970
3s__
series
4s extended
&
Power
Delaware
tDenver
3%s
Hudson
&
Delaware
lll'A
196%
2
139% 139 Va
1953
ref 4 %s series C,
k
III. k
James
Davton
110
95
—__1951
Lines 1st
40
47%
%
'
J-D
to,——-1946
98
98
—•
110
{International Great Northern- RR—
D
"
*97%
__
j-j
1st
111%
95 Va
98%
102
3*———,1951
1st
Ino
109 Va
101 Vb
91
97%
M-N
1st Cold 3%S—195J
Inland Steel
3
102% 102%
-■t
■
1-
Publishing Co 3s deb
gold
Indianapolis Union. Ry
16
102%.
66
20
M-N
i960
& Term
1st
112
106 Vb
25
98%
*100% 103
:„1952
.gold
109 Vb
108
11
".v
„
89
97%
'
■
j-d
receipts
A Deposit
104%
•107%
*108%
J-D
1948
extended to
A
3
88
J-J
:
——-,1966
1st
AAdju.-tment
receipts
series
60
11
102
—.——~
Deposit. receipts
A6s series B extended
60
46%
10/% 107%
A-0
-——1952
A
45 Vb
101%
93
*
.—3 956
—
Joint.
m
f
1st 5s
RR
12
16
10714 107%
M-N
1369
debs—---,—1950
St pel 3%s s f debs_ __—1955
Northern Ry 1st 5%s
1942
Deposit
60
60
105% 105%
107%
M-N
-1366
—
45%
60
tAInd
M-N
.
15
60
•
■
;
2%s s
Co
58 Va
60
89 Vi
1951
3%s_
104% 105 y4
Co—
3%s
1st
...
"
Gold
105
j-j
103%
88%
a-0
gold 4s
Sttringfield Div
105 Va
3%.s
1st
»
105%
3 %s.
mtge
Div
j-d
--1965
tni ee
1st
V •'
103%
——,.1?7Q
jet
Div
-1—-—1355
,——1956
non-conv
Power
24
103
17
11%
102%
,.•:'; 14
~
j-j
gold 4s
116%
j-j
4s_.
f
*101 Vb
72
65
'
15
103%
103
,3952
4%s—
'—1958
1951
deb 4s
1954
4s—
Consumers
102% 103 Vb
-1956
,—
ADi-benture
A-O
A-0
deb 3V2s
conv
A Debt-Mure
§ A 1st
103%
j-j
4s
St. Louis Div & Term
1948
,.
312s
106%
195]
_
102%
.
"
103'A
91
J-J
lines' 3%s
105%
78
gold
trust
113%
115% 116%
101
1981
Ri'iundu.g 5s
<21014
Cairo Bridge
115%
3
28
,1951
FAflindi.ng 4s—+
*109
J-J
121 Va
101
*70%
a-0
gold. 3%s„^.__,1951
trust
Purchased
113 Vb
112 Vb
121 Vb
*14
f-a
gold 3s sterling——
Collateral
—
102 Va
RR-4
1st gold 3%s
Extended 1st
109
109%
800
.
90%
106%
22
■
320%
98 Vb
105 Va 106
"
j-j
iy»?
4s
108 Vb
.
123 Vb
100
;
114
105%
af-n
Feb 1957
5s.
Central
103%
103% 104%
104
.
3 05 %
11
56
1
102
102 %
10
20
*
1st
203
120 Vb
A
108%
1951
f 3%s A—
s
3937
—,,,1949
52
152
101%
111%
■
A-0
1952
A_,_1962
Consolidated Edison of New York—
Curtis
stjft
M 5s
1954
*108'%
1961
ref 4%s,
1st &
L
Conn
Conn
71
101%
23
H
83
f.
n
—
'
„
101
J-J
1990
1
96%
69%
V;,: 71 '
a-0
1958
J%*
102
1
107 Va
104%
kR—
5s
M-S
,
ueua
"
03
95
'W
—
89
89%
119% 120%
j-j
3Va» series D_.w_,1969
Gulf States Util
103%
Southern Ry.—
&
Colorado
A7%b
wlOto
2015
ref 3%s series D—___^___19G9
Slop isianu
105 Vb
A-0
1945,
1970
River Ry 1st gtd 4s__,
Colo
26
'
106%
105
.
89%
/
110% lllVb
'
11-9
110
106%
A-0
48
80
127 % 128%
W.""
'■
A-0
njtge inc 5s series A
1st &
lst gold
ACuba
debs—1959
3s
—
11C%
IO7V4
A-O
A-O
gtd—1-——1973
C
1977
series B
1st
A
Corp
Gulf Mobile k Ohio 14s series B_
107
107 V4
C
4
3
119% 120%
119%
Feb
A
D
38
34
2
1061/4
*102'/b
—
Feb
B
RR—
Pittsburgh
Series
iACuba
ctfs
88% 107 %
£'y,/2 HO Vs
57'%
87
53%
78%
82
102
106 % 108%
7
*
—
j-j
Series
C'vuc ble
West .deb ctfs A
Bay k
Greyhound
in
112%
100% 102%
„
102%
102
3%s series 1
A Debentures
92
G
tntge 4s series H
Gen
,
102
mtge 4s ".scnes
Gen
Gun
F-A
series B
d'/as
General
59%
78%
106 % 109%
109 V'8 111%
2
108
Vb
38
v89
106
106%
j-j
General 4,/aS series D
j-j
G___————1974
k M Div
Div
Crone
j-j
80
,v
10
j-d
4%s series E__
impt
.'
j-d
59
10
f-a
gold 4s_
Rei
3%s
_1947
_1952
59%
54
1966
1967
General 5s series B
—
J-D
83
107y2 107'/a
91
40%
Great Northern Ry Cc—
107"
a- o
105%
22%
84%
1956
Grays Point Term .1st gtd 5s
80
M-S
73%
101 %
89
Chic & St'Louis Ry—
Cleve Cin
4%s
lsi. 4v4s
90
83
A-o
64%
9
152
38
uli
89
J-J,
;
137
40
38
j~-7
fis_^._...1934
ext
98
80
3 %s' series E——1969
grd
nuge
mtge 2%s ser
Fi
(B
ist
deposit
64 Va
82
83
73%
.72%
■
40%
deposit
Nor
of
72 %
84
19b2
Terminal—
1st
of
&
Caro
7
1943
1957
-1952
—
—
i.,i
-A'
J-J
16
•
J-J
—-1963
1963
-1952
F
5s
Union
j-j
104% 105
73
1949
■
General 4%s series E
3%s
Cincinnati
12 VB
13 %
J-D
_
Ok k Gulf eons 5s
Cincinnati Gas & Elec 3%s
L
51%
30%
station—
t^cuuciaw
Si
36%
367
.
M-S
1 1945
5s_.,^Oct
Ry
j-d
—1969
—
castings 5%s
1,675
90
Co deb
Steel
2.720
95 %
mtge
tAGeorgia & Ala
57 Vs
95
§ A Debenture 5s
isi
Gen
79 Va
51%
90
West. Indiana com 4s
ref 4 V4S series D
^
84%
48%
*87
2%s ser G
debs—.
61%
54%
J-D
Orleans 5s
series
inc
conv
51
J-D
f§AChilds
Gas & Elec of Berg Co cons 5s_^__194fi
General Realty & .Utilities Corp—
57 %
J-D
Union
a
81
A-O
1951
mtge
Clue
63
366
84%
1960
1951
iutge'3lns
isi
81%
CO
104 Vb
97%
2
104
15
67
-t-:
103'/4 103Vb
104
M-5
Certificates of deposit
A
66 Va
,.
3
57
*103V4
82%
103
•
.'::• 57
:
.
60
42%
107
63%
9
1st gold 43,^.
1951
& Southeastern 1st 5s_—.I960
guaranteed. 5s——Dec 1 1960
Chicago
435
104
Af-N
3%s—
H
101%
94
82% V
103
104
J-J
Memphis Qiv
Chic T
80 Va
81%
4s
1934
1952
A
gold 4VaS
C011 v
r
67%
gold 4s
Chicago St L & New
Gold
104% 105%
105
deposit-;
oi
$ A Secured 4%s series
a
17%
F-A
——
§ARelundi-ng
69%
11%
J-J
1927
{Chicago Rock Island & Pacific Ry—AGeneral 4s
1988
-iLerulicaies
45%
5,602
J-J
paid—
part
2,058
17%
J-J
Div 4s—.1...1969
Pacific Div 4s
1989
Railways 1st 5s stpd
Chicago
63%
16
J-J
City &
25%
66%
17%
•
Valley
Piames
Sioux
income 4%s
conv
mtge
Des
68 3s
A-O
101
v98%
93
•
58
'
aMtge gold 5s series A—
1975
M'nnv
adiusi.ment Ss.
_,Jan 1 2000
106
15
103% 103%
115% 115%
m-n
'
1943
1974-
11
:•
High
Low
No.
6
100
'
2
93
65 V,
91
70
7
__
90%
99%
100
71
43
91%
84%
100
88
65
90%
%
s
'
NEW
Last
Interest
Exchange
Stock
Period
January 1
Sold
Bid & Asked
Sale Price
Period
Last
Interest
Enchant*
Stock
Week's Range
Friday
Mi &
d U
York
New
Range Since
Bonds
Friday's
or
22
FOR WEEK ENDING DECEMBER
Week's Range
Friday
BONDS
lork
New
BOND RECORD
YORK
RANGE
'
2/
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4345
Volume 160
Y
Lehigh
Valley
N
Lehigh
Valley
76%
82
inodifieo
Uv
-,-2003
4s regisiercd.____.,.-,--,_--.-..:2003
4'/aS stamped modified—
—.2003.
4 Vis registered
2003
5s stamped modified
2003
Lehigh Valley Terminal Ry ext 5S.1951
Lex & Eastern 1st 50-yr 5s gtd'____19(i5_
stamped
81%
84
47%
50%
45
45
46
53%
1951
Liggett & Myers Tobacco 5s
M-N."
,
•;
M-N
50'/a
55'%
.
.
49%
1,014
•
v
493
116
60
122
55'%
50
35
'42 'A
A Non-con v
123 V«
•
119% 120
,/
*109'%
83%
127 V4
119%
122'%
109
6
,
,.
.
109
deb
M-N
M-N
deb
3%s—
ANon-conv
deb
4s
ANon-conv
deb
,
...1954
;
....1955
4s
...
...1956
gen
-ta
—ioOa
a.
ac^xea
Long Island unified 4s...
,—1949
Guaranteed r.ef gold 4s^._.—i
1949
ADebenture
certificates 3%s
1956
AConv
debentures
Louisiana
6s
Louisville
Gas
Louisvillt
lst
ft
1st
v
MS
106% 107
119
J-J
86
7
71
86
91
11
77
91
61
59%
61%
59
46
61%
60
58
60'%
106
45%
60'%
60%
58'%
60%
124
45'%
61'%
59%
61%
360
46'%
61 Va
61%
60
62 Va
447
46 Va
62'/a
60
59
60%
49
45'%
60%
■.
2003
:•—2003
2003
2003
A-O
C—
D
4s series
3%s
rel
E
series
South
*105% 107
__l9t>0
R\
3
4s
motion
4s
99%
105%
107%
1
102%
104%
'•'•
107%
99%
99%
10
94 Va
103
104
106% 106%
2
101%
106%
*102
M-S
'.i—i
J-J
M-N
w;_..
*113'%
'.'«p L
100
113
112
—
Steam
¥
an
:
107'/a
21
105% 106
Rys prio? lien
Y
piet'
ser
A_—1960
iunu__F«h 1 1957
4s sink
Siutti
.wauati
4'%s
RR
Manila
A
Manila RR (Southern Lines)
Shovel
Stcurn
Marion
i
s
Side
West
Laos
68%
9
85
—
.,.1955
o'%a . — 1950
(ChiCj 4S..1938
—
50
50
101
102%
102 %
106
El
F-A
/'V.
—
*13'/a
19%
13%
20.-
&
series
99'%
107% 107%
2
99
J-J
107%
74%
*_.
A-O
(Minn'
1st
99'%
73
68
74%
55
-
__
97'/a
5
95%
96%
97%
33
kC- 75'%
97%
{Ogdensburg
M-S
7%
12'%
Ohio Edison
1962
*11%
12
*5%
Q-F
6
3%
6
lst
;
1948
3%s—_____1972
——
1974
J-J
77%
J-J
149
105 %
79
76
93 Va
102%
218
101% 102%
1.02%
61%
80 %
105% 105%
5
86%
1,037
81%
85%
.
105%
100
86%
56%
lst mtge
82%
81'%
54
71
1962
1962
J-J
68%
68 Va
—1978
adjust 5s series A—Jan 1967
J-J
72%
72%
74'%
67'%
70%
D
70
A-O
64%
3s._^
Gas
lst
A
1st
A
ref 5s series P
&
A 1st
...
4s
AGenpral
A 1st
5s series A—
lef
ft
ref
G
series
5s
A 1st
A 1st
ft
1.949
5'%s
ft ref gold 5s series H
gold
AConv
10R*
1975
1977
1978
1980
19«l
Moh'k ft Malone 1st gtd gold 4b—1991
MonongaUeia Ry 3Vis series B
1960
Monongahela W Penn Pub Seiv—
1st mtffe 4'%s
—..I960
6s debentures
!
——1965
Montana Power 1st ft ref 3-Vis——1960
Montreal Tramways 5s ext.;
-1951
Morrell (John) & Co 3s debs
1958
Morr»s & Essex 1st grd 3'%s_.
2000
Constr M 5s series A
-1955
Constr M 4'/as series B
—1955
Mountain States T & T 3Vis—
1968
Mutual Ffcel Gas 1st gtd 5e~k
-1947
ref
I
series
5s
53%
57
70 Va
73'%
71%
74%
94
56%
74%
M-S
36
33%
36'%
1,801
22%
36%
MS
73%
72
74i%
386
56%
74%
M-N
73%
72'%
74'%
M-S
14%
13 %
15
A-O
73
7'1'/a
73%
F-A
73%
71%
74%
*80'4
82'%
M-S
*107
F- A
95
•
"561%
i
*
>
'■
V
74%
56%
303
.
15
9 VB
1,429
■
74%
56'%
95
/
••
v",
80
60
'
~
__
74%
.
104'%
107
111%
A-O
*108% 108%
108
A-O
*111%
111
114%
105%
109
—
J-D
105% 106
J-J
*95 %
65
68%
M-N
100 Vi
'"69%
70
71
M-N
65%
64
*108
J-D
71%
60
65%
102
48%
47%'
252
125
69 %
71%
66
43%
112'%
108 V
109%'
V\:
109% 109%
U-N
95%
94%
102
*101
M-N
/
96
109%' 112
ft
Nav
1978
series A
Prod 3Vis debs..
Nat Distillers. Prod 3'%s debs
National Sieel 1st mtge 3s
{ANaugatuck RR 1st gold 4s.
Newark Consol Gas cons 5s
{ANew. England RR gtd 5s
-I960
-,.1949
___1965
1954
1948
1945
A Consol gtd 4s_
—1945
New England Tei ft Tel 5s A—
1952
Lst gtd 4V2S series B_
1961
Dairy
lsc
Coast
gold 5s
New
New
O
N
New
95%
106% 106%
12
102%
102% 102%
5
102'% ,103 T'm
105% 105%
5
103%
95
A-O
105
113'%
96%
116
95%
J-J
97
97
;
84
16
%
97
97
117%
114%
6
114'/a 114%
J-D
84
26
96%
'
*106 Va
J-J
*105'/a 106
—
l\
91%
88
*95 Vi 100
F-A
126
122%
1
123 % 123%
M-S
M-S
Mexico Ry—
SANon-cum inc 5s series A
-1935
A Certificates
of deposit
106'/a
99%
J-D
J.J
108
105%
*103'/a
M-S
1st 4s_—,—1986
Jersey P ft L
95%
82
41
94
lst mtge 3s—1974
Orleans Great Nor 5s A—
19«3
& N E 1st ref & imp 4Vis
1952
Orleans Term 1st eld 4s
1953
RR gtd
J Junction
N
MS
ft
series
5s
A lst
lst
ft
ref mtge 3s series J
lst
ft ref M 3s series K_.
Pacific
Ret
Tel
A
deposit
of
ft 111
series C
5S
.—1956
ACertificates of deposit--—"— --iA lst 5%s series A
1954
A
series D
4 Vis
A lst
93%
104%
96
106%
75
ft
nnpt
49
71%
89%
83
12
71%
83
84
F-A
84%
83
¥-A
84,.
72
89%
81
69
86%
2
81%
81%
12
84%
86
53
68
%
78
73%
91%
74
86
85%
100%
J-J
1998
F-A
85".
A-O
82%
series A
&
linot
.
81%
83%
85
56%
1,0 78
' 83%
63
523
89%
100%
59
358
82%."85
,.
2013
A-O
89%
81%
1997
.1997
1998
.1998
1998
J-J
99%
99% 100%
seri&s
registered..
.
coll gold 3%S-.—
3%s
Lake
C——
River 3M1S—
5s
Hud
ft
Cent
Y
Shore
registered..
Mich Cent coll gold 3'%s.
3*2S
registered
York
New
Ref
Ref
5%s
series
series
4Vas
V
Connecting
N
Y
nock
N
Y
Edison
1st
V
1st
Pen
ft
ref
....
C
89%
4s
F^r
fnetr.otes
see
page
86'%
~
,
81
82
.
—
62%
74%
•/;
69 %
88%
95
61%
88'%
103% 104'%
103%
51
87'%
87%
53
30
235
80%
104 %
45
67%
94
94 Va
93%
94'%
731%
94'%
93
94
45
67%
94%
3
105 Va
110%
99'%
101 Va
110
95%
108%
■
197
87
104
103%'
109% 1011V
100
99% 100 V4
%"
101
1
108
108
4
24
57
15%
15
108'%
111%
63
t0 2%
104 %
23
'
108'% 108%
i* 103%
'
•
-
104
112'%
107
104%
102
104
7
103%
105%
105 Va
108%
*101% 104
103% 103%
*105% 107
''
;
*105%
110'%
105'%
108'%
6
104'% 104%
104%
24
13
IOG'% 106'%
'i
104'%
104 %
." 4, '
68
■
23
106 Vb
110%
108
18'
107
111'%
105'% 105 Va
12
104
105'% 105%
97
108'/a 108'%
3
108'%
*100
M-S
108 Va
.1st
ref
ft
Penna
3%s
ft
Power
!
D
ser
Pennsylvania RR—
Ccnsoi'gold 4s
stpd
sterl
4s
V:
fLi
3%s
mtge
1
109% 109%
1
.■
...1949
Gen
^^..1968
B_.
105
Peoria
Pere
4s
-
ref
108
?•
1956
J-J
1956
J-J
1980
1952
MS
J-D
^.1974
109%
98'/a
107%
84
124'% 125'%
9
121
*
119%
88
41
115'%
55
125'%
109
127%
103% 104s/a
'
118
"1185%
29
119%
128
97
.
105%
106
118%
119
105%
1183% 119
27
103% 104
104
39
99%
104'%
1
108 Va
112%
109
109
79
81
46%
M-S
A-O
Apr
F-A
109%
107%
luti'%
127
:
•
J-J
.1947
series
B._
...
4%s series C
Philadelphia Co coll tr 4%s
Phila Electric lst & ref 2%s
and
3
108
79
82'%
104
23'%
53
5
105%
107
104'% 104%
-L-.
104 3%
67
95%
F-A
100
104
101
17
104
'
■
55'%
55
50%
106'% 106'%
50%
'
104%
85
105%
87 Va
101
82
104'%
10
103'%
131
132
127
~3
121
127
105% 106
42
105%
109'%
101
104
101%
101%
105'% 106
..
107
Wash 1st gold 4s—
Bait &
&
110%
119
119
J-D
-
■
■
_
A-O
gold 4Vis series C
Phelps Dodge conv 3%s deb
lst
105'%
:_____._1952
1st
Phila
106 Va
105% 107%
118%
B
series
no'%
3
*fbd
A-O
Marquette lst series A 5s
lst
108%
108'%
108
M-N
A-O
F-A
J-D
...
1960
..Apr'"90
Pekin Union Ry 5%s
1974
ft
109'%
105'%
5
z
M-N
;'
4s__
106
108 %
•
IOG'% 106'%
•/—
A-O
Peoples Gas L ft! C ref 5s
Peoria ft Eastern 4s ext..
A Income
4;
1U8 Va 108Vs
1970
1981
1984
E
3'%s_____^
deb
t
__
.
*104'% 106%
108'%
103'%
gold 4Vis.
mtge 4'%s series
Conv
111%
4108
/
-
series
series
5s
F-A
F-A
...May 1 1948
dollar
C_L___
1970
Cons sinking-fund 4%s.
..I960.
General 4%s series A
1965
Gen
i
-
1969
1974
debentures
4%s
116'%
v
1.1968
Lignt 3 Vis
106
105%
113%
—
*109
B_.
110%
106
10
105%
106'%
110
101%
—-
*114
J-J
J-J
series
ref 4%s
ft
106'%
103%
108
■■■...■
110
*_.
105
1981
lst
100%
98
■:
106'/a 106%
108
*105'/a
2%s
M
ref
...
1977
1961
1971
1967
,
J-J
J-J
J-D
M-N
M-N
1974
2%s
{Philadelphia & Reading Coal—
A ref 5s stamped
*131'%
127
127
—
■■
102% 102%
9
101%
101% 101%
66
__
*101'% 101'%
—
debentures
{5 a Philippine
Ry 1st s f 4s;
of deposit
ACertificates
D
Series E
Seri is
4s
4s
guaranteed gold
1953
1957
1960
1963
Series J cons guaranteed 4%s__l964
Gen mtge 5s series A
1970
Gen mtge 5s series B
—_—1975
guaranteed
guaranteed 4s
G
4s
H
cons
Series
I eons 4 % s
Series
...
349
16%
J-J
16%
17 %
*135/g
101%
F-A
F-A
J-D M-N
F-A
F-A
M-N
J-D
A-O
48
1
Pitts
4%s__-__-—1950
B_.——:1950
ft W Va 1st 4%s series A
1958
mtge 4%s series B__._^_____1959
*113%
I960
10 5
■
H9V0
78'% 100%
Pitts
1st
ls»
4%s
mtve
Pitts Yonne
105 y«
109%
1st
107,% 107%
8
106
110%
1st
gen
113% 113%
1
11.7%
11" %
1 qf
4%P
14
109'%
111
gen
PP-fetrtTv
series
Ash
&
1st
5s series B
On
5s
series
seripg T>
*!/„
.
C
C
4s ser
A—1948
F-A
1962
—1974
104
104%
112 % !:
113%
115
123%
,
116
104'/a 104%
124'%
116% 128'%
'
102Va
lOSVs
101%
105
87
86%
86
85%
87
16
58 %
86%
86
86'/a
21
58
85%
86'/a
51
106% 106 '/a
3
66%
*
V2
58
.
86V2
106%
107%
121%
123
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i
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00
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'
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2
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•
.
1
114
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102%
123
130'% 131
...
17
122
vi
128% 128%
__
19%
112'%
123
123
_.
7%
100%, 101%
112
*122
A-O
J-D
mtge
lst
106 V2
__
*114'/a 117
J-D
J-D
J-D
A-O
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36'%
105%
104
*103
*112%
123
82'%
17'/a
6%
35
.
101%"
102% 102%
' M-N
38%
104
104%
4
*104% 106
—.
guaranteed_._.^_^__1945
gtd gold
!
1949
149
35
104% 104%
M-S
1937
80'/a
34
34%
M-N
3%s
F
79'%
80%
J-J
M-S
1962
Phillips Petroleum 2%s debs—_.^J964
Pittsburgh Cine Chi ft St Louis—
Series
v'
.1963
Philip Morris Ltd deb 3s__....
3s
•
1973
1949
deb 6s
AConv
105 Va
31
*100% 110
106'%
J-D
J-D
IO^Vi.IO
101
•
108
Pennsylvania .Ohio & Detroit RR—
A-O
105%
105'% 106
■
M-N /
,
1st mtge 4%s series
'
A
105%
230
82
63
102
108% 108%
p.
88'%
8
73i%
69'%
1960
A-O
104.0
2776.
65
83%
97
103Va 103%
A-O
gold 5s_—1948,
4«
78%
M-S
F-4
—.1965
D
63%
100%
A-O
1°«5
series .E
Ppw
Pu-rchasp money crnld
*75%
F-A
83'%
55
89%
82
F-A
1951
—
series
3V4S
H ft
85
*35%.
61
19'
"
-1974
——1978
3'-is A_._.
RR
gold
3V»s
Gas El T,t
A
861/4
F-A
.
97
Louis--
Chicago ft St
N
N
—.1998
97
3-JF-A
110
105'%
1952
Series
Rel
N
129
121'%
92%
70%
83
83 Vi
1945
RR 4s
Central
Y
"
Ref
62
17
72
61
4Vis series A—_—2013
Genera) gtd 4Vis—_——
N
125
'.
107
110
Pennsylvania Glass Sand 3%s
lst
71
& Cincinnati Bridge Co—
Newport
134'%
129
10
71%
J-D
5s_1949
cons
gold
deposit———
of
Certificates
49
116
Pennsylvania co—
Gtd 4s series E trust ctfs
General
16
A-O
~A-Q
48'%
40
69
■'
J-J
M-N
1960>
B^_
ft Passaic G & E
Paterson
105%
deposit.
of
Certificates
1958
34'%
,
•
105
'
73%.
A-O
1966
1953
f gold 4%s
s
Panhandle East P L 3s
94%
14
.1
,
lst
.^..1971
1966
C
3'%s series
mtge
Paducah
5s
104%
•104
104%
J-J
4:9
Tel 3%s series B
ft
General
71%
1954
B
Certificates
A
V"
89%
82 V4
195
109
109'%
110%
—w
•
*129
J-D
J-D
J-D
J-D
J-D
.
1966
,..1970
ref mtge 3%s series I
106%
{New Orleans Texas &
A lst
106'%
*121%
A-O
1964
Co
105%
—
105% 106%
J-J
48'%
109 Vi
20
133% 134%
134
J-J
1946
Gas ft El 4s series G
General 4%s series D
106%
f-A
J-D
*34%
31
18%
106%
87%
86
44'%
47%
95
111
!
1
4
107
107
"
J-D
J-J
con
Pacific
Debenture
N
Nash Chatt & St L 4s
1,376
31
103'% 108'%
107
14
87
108
109%
74i%
36
General
Nat
26
7'/a
5
71
;•" 10
363
z'
r-a
J-D
'
.
M-N
..1945
5s.
gold 4s____1946
Ore Short Lins. lst cons gold 5s
:1946
Guaranteed st.pd eons 5s_,
___1940
RR
Oregon
1st
Pacific RR Co—
{Missouri
■
28'%
31
..
J-D
1966
3%s
Elec
ft
Transmission
Ontario
pacifie
ACum
v
54
15
84
46
83
J-J
■,
109
18
-
95
*93%
•
J-J
J-J
M-S
,
Oregon-Washington RR 3s ser A_il960
Missouri-Kansas-Texas RR—
Prior lien 5s series A
108
34
& Lake Champlain Ry—
mtge
Oklahoma
J-J
J-D
105 '/a
105'%
O
106
97%
§ A 1st guaranteed 4s_:
A
1
12
31
9%
9%
F-A
F-A
M-S
1967
1974
;._„_.1964
-
lst mtge 3Vis
(Wise)
J-D
4Vis inc ser A
—1971
Gen mtge 4s inc ser A——1991
{ A Missouri-Il linois RR 1st 5s
.1959
Mo Kansas ft Texas 1st 4s
..1990
111%
—
rC;f mtge 3'/2s
1st ft
mtge 2%s
J-D
mtge
106
26
'
5%
75
52
20
108 %
106'/a
■
Co
Power
States
1949
-
23%
J-J
J-J
.2047
2047.
D
impt 5s series
105'/a
102%
■rJJr',.-
—
RR—
40-year 4s series B
Prior lien 4 <%s series
6s
18%
3%
53
J-J
;_2047
B
impt
impt 5s series, C
107%
9%
74'%
52%
F-A
O-A
M-S
M-S
Q-J
Q-J
Q-F
Q-A
J-J
.
102%
105'% 105%
'
''
J-J
A-O
^
4
163-
105
105
4-.W
Co—
ft
1939
5s series
Ry
&
Ref
Sault Ste Marie
ft
Southern
.
.m.tge
iuo'%
95
*100'/a 101'%
*105 VB
__
M-S
66
.
L
M-N
43'%
235
4'%.
F-A
F-A
M-N
J-J
J-J
M-S
A-O
1937 '
1940
1943.
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,21967 /
)§AN Y West. & Bost 1st 4%s
..1946 ';
Niagara Falls. Power 3'%s.
—1966
Niag Lock ft Ont Pow lst 5s A
1955
...
Ref
101%
92
7
100'4 101
100'4
O
31%
875
15%
J-J
au37
4%s
§ AGeneral gold 5s
ATerminal 1st gold 5s.
Ref
M-N
M-S
.
50-vr
pxt-
Paul
103%
1952
—1979
4 Vis series c
{Minneapolis & St Louis
A 1st si
isl gold 4s
ft
*103% 104%
::
AfOonsnl ext. 4•'is
{Minn Ct
A-O
1951
lst rel 5s
gold
■
Northern
Sag 3l/28
&
*1.02
101 %
A
1963
...
—
1st mtge 3'/2S_1969
tSAMidland of N J 1st ext 5s._—1940
tSAM.lw ft Northern 1st ext 4V2S—1939
1st
*63%
*47 %
Michigan Cons Gas
ARef
84%
*101%
3Vis
impt
&
83 Vs
A-O
dew & Drain
vvat
gold
Ref
84
94
16%
•
*105% 106
M-N
J-J
J-J
1998
2014
1961
Norfolk ft Western Ry lst gold 4s_1996
Norm Central gen ft rel 5s
..1974
Gen ft ref 4%s series A
^.1Q74
Northern Pacific Ry prior lien 4s__1997
4s registered.
..2.-.1997
Gen lien ry ft Id gold 3s
Jan 2047
3s registered
2047
Ref & impt' 4%s series A
2047
71%
A-O
central—
1st
M-N
42
51'.
70%
M-S
Metropolitan Edison 1st mtge 2%s.l974
Jack
69
M-S
McOrorr Stores dpb 3'4_..-
tSAMet
69
-1953
19o9
4s:
bs
Stamp en
.*ict,rop
J-D
73%
73%
A-O
4'/as; series A__
AGen mtge 5s conv inc
t§ANorfolk Southern RR 5s A
—1947
RR ft t.t s f 5s
A
W
Susq ft
§A2d
Norfolk
M
Central
6s stamp
lst 3%S—
Corp
4%
'
106%
'94'%
Y
lst
Maine
Putnam
N
% 107%
MS
joint
107'%
-
12
106/a 107
106%
J-J
19ri0
1945
—1952
1955
16
105% 105%
A-O
..1946
gold 4 Vis
Atl Knox & Cine Div
108
104
6
105% 105%
A-O
Div 4s
1st
105%
ft
Queens El Lt ft Pow 3%s
14%
4'/a
J-D
:
^.1993
;_19ti5
;_1958.
lst cons gtd 4s
NY
N Y
•
2d gold 3s
Div
Montg
102%
1955
4s:
14%
M-S
1992
Y Ont & West ref gold 4s
AGeneral
110
100%
700
68%
82
145
66
50'%
688
31
107% 107'%
M-N
1954
4s_
lst
105%
105
•
1057/a 106
105%
A-O
F-A
ft Mem
Louis
Mob &
4
'
{AN
N
B.,
series
4 '/is. stives
ret
Paducah
106 y4
66
68'%
60%
{AHarlem River ft Port Chester—
120%
93%
J-D
of 1927—1967""'
ref 4%s series
ft
1
93%
63
31
28
93
M-N
65%
68'%
A-O
1957
4s.._
..
92'%
J-J
1940
deb
101'% •lin'/a
115
85%
-
1948
A lst
104%
56
106
MS
105%
118%
102'
18
105
M-S
1945
4s
5
119
103% 103%
105
Elec 3l/2S—...—1906
Upil mtge 4s.ser'es B ext
St
107 Vi
1st 5s series A—ibbd
ft
5s
1st & re 1
1st ft
107'/a
104
Nashville KR-?-
ft
rel
ft
104
1.1
F-A
Bridge Co gtd
Jtfli
ft
L.ou
19
103
—
A Debenture
106^8 107 Va
M-S
A-O
^
——
Ark
ft
*106Va 107
M-S
106
•103 Vi
.,,-1949
,..,.1951
:
Lorillard <P) Co deb 5s—
3s
__
__
—_JlS63
staiapcd__
4s
M-N
IOP'%
102
90 Va
—
§ACollateral trust 6s
Miftitu
uii/iic
104
*110
—
A-O
J-J
M-N
J-J
,
HUjH
Low
No.
*108
*109%
4WU.
.P--
MS
M-S
,
—..1947,
3%s—
ANon-conv
60
64%
131'
83
*126
120
.^.1973
4s series A
West
6i
„„
50
80
hack
.1973
JN i New naven 61 Hartford KR—
ANon-conv
deb 4s—
1947
i 46
:>33%
k
M-N
J-J
J-J
4 Vai series B__
"
A-O
A-O
series A
Mtge 4S series B.j
85
32%
—,-2000
—.2043
——,—2043
Harlem gold 3%s
ft
Mtge 4s
50%
38
.
57
80%
A-O
64%
33
Y
N
79'%
N
'
47
.
:'V
/60
M-N
High
56".
"
77
'
50'%
J-J
RR— "
4s
110
79'%
Sold
High
Low
"
77%
■'
F-A
Low
NO
Utah
Low
gtd 5s___..4_1954
4Vas ex t..,.,,.,. I960
Leh Val Harbor Term
Range Since
January 1
Bonds
Friday's
or
Sale Price Bid & Asked
29
86
•
1U0
-■
THE COMMERCIAL &
2776
YORK BOND RECORD
NEW
FOR WEEK
RANGE
Last
Interest
Stock Exchange
Asked
1st
extended to
5s
El
Potomac
M 3 Vis
1st
Pwr
5s-—-——1951
Pressed Steel Car deb
Securities 4s
—lao7
improvidence' Terminal 4s—.—1956
Public Service El & Gas 3 Vis
1968
J A Providence
1st
Si
&
ref
1st
ret
&
5s—;
mtge
8s___
mtge
105%
Standard Oil N J deb 3s
.1961
J-D
109%
100%
17
'
■"
.
Af-N
"
*149%
i..
*224%
•'
__
."
High
102'% 104
104%
106'/a
103% 104
23
102
1053a
1959
J-D
104% 105%
21
103%
105'%
M-N
*105% 106%
105'%
107%
Swift & Co 2%s debs
-1961
102%
104'%
117
118
J-J
Af-N
,V.l
103% 103%
-
110%
106'%
*107% 108
„
j-j
13
t
105'% 106
105'%
Low
10
103'% 103'%
'
January I
Range Since
No.
.1950
.1953
debenture
1]
'
j-d
Utah
100%
110
—
Bonds
Friday's
Oil Corp 3% debs
Superior Oil 3%s aebs
2%s
Sunray
103
30%
98%
'•
L*— '
__
*110
J-J
F-A
113% .113%
21
*''■
*99%
1-
Jf-3
1972
2037
2037
ref mtge 3s—
1st
r
'
-1960
107%
•
29
28
28 Ys
Jf-N
Stand Oil of Calif 2%s debs
im
,
101% 102
106
6
*113
j-j
or
Low
101
*106% 107%
•
j-j
F-A
Last
Interest
High
99 V*
''
108
j-j
1977
mortgage 3 Vis
1st
47
103% 104
103%
M-S
1960
1950
1966
Elec 1st 4Vis
Low
,
Sold
Sale Price Bid & Asked
Period
Stock Exchange
January 1
No
tiiah
Low
New York
Range Since
Sold
Week's Range
Friday
BONDS
Bonds
Friday's
or
Sale Price Bid &
Period
Portland Gen
ENDING DECEMBER 22
Week's Range
V
BONDS
York
New
Monday, December 25, 1944V
FINANCIAL CHRONICLE
107%
147%
150
224
224%
-
Ten n Coal Iron & RR gen 5s
Terminal RR Astn of St LouisGen
1951
1953
J-J
impt mtge 3%s series B—1974
J-J
refund
Ref
&
*117
J-J
f
s
gold 4s„_
120
111
>107%
113
105%
111% 111%
106%
106
91%
Ttxarkana & Ft Smith 5%s A
15
100% 100%
J-J
1964
2%sdeb—
Quaker Oats
99%
1950.
F-A
105 Vi 105%
Texas
100%
16
1959
A-O
105% 106%
81
105
1965
Af-N
106
106%
30
105%
100%
zuoo
J-D
115%
128%
1977
A-O
102%
102
102%
8.7
81%
102%
102%
101% 102%
64
79%
102%
101% 102 Vi
35
80%
102%
3s
Texas
•
R
Reading Co Jersey Cent coll
Gen & ref 4%s series A
1997
.1997
Rand deb 3 Vis
A 1st
Gas & Elec Corp—
mtge 4 Vis series D
mtge 3%s series H
Gen
3Vis series I
Gen mtge 3Vis series J
}§AR I Ark & Louis 1st 4Vis
f ARut-Canadian 4s stpd
l§ARutland RR 4Vis stamped
mtge
Gen
23
94
107%
*103'%
'■
——
J-J
98%
A-O
71%
69
72
#
107%
101'%
103%
*'125%
*111%
—
C
1979
A-O
D
1980
J-D
Ave
AAdj
44 %
117
72
Toledo St Louis & West
111%
Gas
3914
74
54%
J-J
19 %
17%
19 Va
16
11
20%
19 %
20%
151
12
20 Vi
A-O
J-J
A Union
Af-3
J-J
ser
ACertificates
City & Paciiic
97
13
107%
21
70%
Ry 1st
&
gen
&
gen
Si
cons
53
105
8
101%
105%
82
97%
99 %
10
3%s
Pictures
debs
....
1959
Af-S
105%
98%
98%
99
1st
f
s
F-A
1957
M-N
*112 %
series B
series
1968
M-S
*105% 106%
series A
5s
cons
*109
1955
B
g 4s
cons
4s
A-O
MS
112
1
103% 103%
*108
J-J
113
106
;
106
106
111%
104'%
106%
90
103%
100
108
1958
100% 100'%
28
I860
Virginian Ry 3%s series A
A-O
M-8
107% 108%
23
106%
111
24
100%
104%
79%
80
100 %
82 Vi
38%
•
•
.
'
••
—
Wabash RR Co—
t«r
*128
105%
Gen
mtge
126'%
__
104%
103%
6
104%
104
42%
102
*104%
-
104
W
107
30%
97
42%
39%
92
2
107
107
.
42%
:<
128%
Gen
mtge
*87%
88%
IT.*
v '•
'
69
68
90
138
56
1955
A-O
gt,d gold 3%s—2000
F-A
1st
4s.
mtge
--
75%
88 %
F-A
*99 %
101
101
21%
41%
1950
J-D
118
118
2
117'4
119
1967
J-D
106% 107
6
106%
109%
109
112%
37%
56
317
28%
56
55
12
27%
55
53%
55
68
46 Vi
55
1A Western
73%
76
13
42 Vi
76
Western
*76%
40
,20
Gen
.
3%s_
mtge
Western
1st
Maryland
5%s
rel
&
series
Pacific
Union
40
MS
Af-N
West Shore
2361
70 Vi
2361
Wheeling & Lake Erie RR 4s_
1949
1966
1958
MS
i960
J-J
5s„
J-J
105% 106'%
106%
A-O
*126
A-O
107
J-J
'
•—
107'% 108'%
—
106%
123
Co
&
1st mortgage 3s
S
Winsion-Saiem
J A Wisconsin
124
109
105'%
'
11
'
103%
107
*»(''
1
.107
guaranteed
Registered
105%
105'%
28
5s
1st 4s
109%
B
1st
Central
ACertificates
of
4s
of
ACertificates
95%
MS
A-O
J-J
289
97'%
69
107%
38
98%
77%
7
101%
108%
105% 105'%
105% 105%
102
10714
101
100%
107 %
101
10214
102 %
111
,
30
53
102%
78
80
54
53%
76
78%
76%
32
53
76 3 4
110
111%
*109'%
102
74
103
104
102%
104
A-O
6
*117'% 118%
J-J
1936
79%
Af-N
'
1st 4s
23%
Elec Power 3Vis—
1968
A-O
Public Service 3%s
197.1
J-J
106
91%
1011
103
105
a
801
117%
57%
80%
*60%
24%
21%
*12%
deposit
80
116%
80%
77%
314
*69'
deposit
Wisconsin
97'%
105%
M-N
1949
1st 4sl
§ASu & Du div & term
105 %
107% 107%
M-S
trold
88%
359
J-T
103
103%
*103
F-A
106 Vi 307
109% 111
J-J
25-year
30-year
32
103
103% 103%
103%
102 Vi
23Vi
80
*66
A-O
1960,
1951
MS
Westingnouse El & Mfg 2%s
Wheeling Steel 1st 3Vis series B
F-A
110%
101'%
79
104V'a 104%
J-D
54
102%
52%
*101%
J-J
1951
100
f23%
'
16
104 %
*
100%
32
31
_
101% 101%
102%
Co—
Funding & real estate 4%s
—
J-J
1950
5s ser A
A-O
1940
A
1st
Telegraph
J-J
1977
1st 4s
98
100%
*109'% 110
1966
1952
"I West Penn Power 3 Vis series I
•
29
60%
*103
*100
54
*
38%
Q-Af
8
'
25
60'%
102
F-A
153
J-J
SO
59
;::
95%
1948
156
F-A
-
21
1945
1945
88%-
F-A
94
99% 100%
100
Washington Term 1st gtd 3 Vis
1st. 4u-year guaranteed 4s
Westchester Ltg 5s stpd gtd
41%.
'
94
88%
101% 102'%
Washington Central Ry 1st 4s
40
'.
93
88%
302'%
77%
39%
—f
94
Apr
88
53
'""V-v
Apr
43
122
38%
54%
..
M-S
J-J
1981
1991
series
inc
1st ref
Warren RR
36
...
1971
A_
series
4s
Co
55
M-S
A
inc 4Vis series B
4s
m'?"
76
j
88
85%
41
•
85%
43%
18
88
86%
88
88
74 %
14%
24%
14%
18
106
106
110 Vi
110
107%
1U
101V*
106
91%
MS
91%
GO
91%
114"
66%
Af-N
90%
89%
90%
300
65%
Af-N
90
89
90 3%
292
65%
105%
105% 105 Va
7
101%
105%
105
105 7%
189
91'%
122%
122'% 122%
26
90%
90%
107
Sheet & Tube-
Youngstown
105%
M-N
.I960
let mtge s f 3%s series D.
105'%
104% 105%
17
*
1994
-1956
1956
1956
6lis
1st gold 5s
Div
Louis Div
1st gold
4s
Bell Tel 3Vis B
ref 3s
J-J
1964
.
6s
J-J
j996
1951
gold 5s
4s series A
gen
Southwestern
1st &
104
F-A
109
J *J
Devel
St,
1(0%
Cons
87%
26
1950
1955
1st 4s
1st ref gtd 4s
Devel
Mem
1
Vandalla RR
107 Vi
;
'iV 201
r
Devel
101% 101 %
—
Stamped
Southern
A-O
39%
78%
1977
1968
1969
1981
Gold 4Vis
South Pac RR
109%
Stores 5s_. —1952
Wisconsin
£
Term
106
28%
1962
Gold 4'is
Fran
4
Wilson
Pacific Co—
4Vis (Oregon Lines) A
Kan
106% 106%
38
1979
Gold 4lis
111%
A-O
debs
1,826
Southern
1st
107
—1955
Biscuit 3%s
38%
'
debentures
3s
107
108'%
1st & ref mtge 3s series D
1974
Va Iron Coal 6i Coke 1st gold 5s__1949
Va & Southwest 1st gtd 5s
2003
A-O
1950
1964
1963
108%
8
Universal
Div—
3s debentures
Socony-Vacuum Oil 3s debs
South & Nor Ala RR gtd 5s
Bouth Bell Tel & Tel 3 Vis
104%
106%
108 Vi
40%
Northwestern Ry
&
Chic
See
Skelly Oil
102%
34
J-D
28 Vi
74%
:
Union Oil 2 Vis debs
1954
fund debentures
1961
}§ ASilesian-Am Corp coll tr 7s
1941
Simmons Co debentures 4s—-.—.-.-1952
25
106% 106%
'
mtge 3%s series A
39Va
87%
-
2%s sinking
Sioux
103% 104%
102%
Va Elec & Pwr 3Vis
A-O
Shell
106%
102%
50%
73
A-O
1935
'.20%
5
Walworth
1935
17
103%
11
52 %
85
.
tASeaboard All Fla 6s A ctfs
AGs series B certificates-,
112'. '
110%
17
106% 107
47%
76
MS
1933
1st gtd 4s
of deposit
AAtl & Birm
107%
106% 107
36%
87
A-O
Trust)
(Chemical Bank)—
cons 6s series A
—1948
ACtfs of dep (Guaranty Trust) —
ACtfs of dep (Chemical Bank) —
107
6
dep
of
AClfs
A-O
50 %
37
M-N
A 1st
106%
M-N
—1970
52%
76%
j-d
1959
104
103%
48%
74
-----
5 4 Refunding 4s
ACtfs of dep (N Y
106%
36%
107
F-A
195u
J-J
J-J
32%
j-j
deposit
of
ACertificates
§ A4s gold stamped
A Certificate of deposit
—1967
—1947
33
1,213
j-j
1950
unstamped
(r^ld 4s
SAlst
101 %
94
j-j
1989
<
63
38%
1952
V & N E
17
*105% 105%
grant 4s
land
&
304
37
M-N
*110% 111%
Af-N
F-A
United Drug 3 Vis debs
'
MS
•
—1959
48%
38%
51%
11
107% 107%
107%
A-O
47'%
50
50%
1971
Depot 3Vis B
4s s i deb
1st gtd 4s
JSeaboard Air Line Ry—
Paul Union
Scheniey Distillers
Scioto
J-J
104%
120
1945
46 %
-
96%
101%
103
*-_
J-J
—1971
Calif 3s deb
United Cigar-Whelan
102%
89 %
94
1953
45%
48%
47%
ACertificatea
St
93%
33
*—
90%
47 Va
'
Ref
100
97%
*10014 100%
J-J
1953
102% 102%
102%
A-O
M-S
104%
30%
35-year 3V2S deb
100%
95
2
100
46
J-D
1949
34-year 3%s deb
77%
95%
47
99% 100%
104 % 104%
1
Pacific RR—
1st
70%
63
100
A
1950
of deposit----A Prior lien 5s series B
1950
ACertificates of deposit
----ACons M 4Vis series A
-—1978
ACertificates of deposit stpd——
tSt Louis-Southwestern Ry—
1st 4s bond certificates
-—1989
A 2d 4s inc bond ctfs
Nov
6 A 1st term & unifying 5s
1952
AGen & ref gold 5s series A-—-1990
St Paul & Duluth 1st cons gold 43-1968
t§ASt P & K C Sh L gtd 4Vis—1941.
lien 4s
*72
100
1950
(Chic) 5s
debentures
Union
*
62%
Elev Ry
Oil of
United
Francisco Ry
Louis San
A Prior
105
80%
M-N
578
71
61
47%
■
.
Union Electric Co of Mo 3%s
108 Vi
106
104%
*77
A-O
1959
Serv 1st mtge 5s
Mt & P 5s stpd
L RockV
*__
J-J
104%
10
104% 105
104%
106%
U
19%
J-J
54 Vi
90%
44%
110%
54%
...
52%
1st 4s
89 Vi
47%
J-D
1st gold 4s__1946
1st
& Elec
gold 5s
Tri-Cont Corp 5s conv deb A
111%
107%
—
Ham & Buff
Trenton
108%
*108
■
103%
...
89%
A-O
ref & impt 3%s__1960
Ohio Cent
*104
J-D
J-J
i960
Jan 1960
Tol &
MS
1934
1949
1941
gold 6s
-——-1998
fSt Louis Iron Mountain & SouthernRiver & Gulf Division
§ A 1st 4s stamped
—1933
ACertificates of deposit
----
tat
Ry 1st ref 4s
income 5s
99
MS
ATS
2d
St L Pub
series
Pac Tenn RR of New Orl 3%s_. 1974
3s
Bt
5s
-
Pacific-Missouri—
Third
-
106%
>128%
ref 5s series
81
54
99
MS
1977
1967
—1967
1969
B
ref
Toronto
Ltd 1st M 4 Vis—1966
Grand Island 1st 4s
1947
& Adir 1st gold 5s
1998
Jos &
gold 5s
series
&
Texas
;
104 %
7
■
98'%
107
94'%
3
__t
—
MS
Baguenay Pwr
St
1st
5s
&
Union
St Lawr
ref
&
Gen
105'%
106% 106%
Af-N
Rochester
Gen
97
106% 106%
J-J
Brasses ——1960
Grande West 1st gold 4s__1939
cons & coll trust 4s A
1949
t§ARio
18
106% 107'%
J-J
Copper &
Kevere
105 Va
105
J-J
.1950
ref 4%s series B
Gen &
Remington
Pacific
ei
Gen
105%
Gen
105%
A-Q
1951
4s
deb—
Company 3s
debentures
J-D
195
73'%
97'%
57
92'%
114%
117% 118'%
20
96
118'%
116
116'%
3
100%
119%
106
106
3
100'%
107'%
6
108%
112'%
108'%
111%
95%
96%
A-O
114%
A-O
118%
—
J-J
—1972
96'%
109% 110%
109%
6
106 Va
1.10% 110%
J-J
1968
series C
3
110'%
57'%
11-
108'%
108
M-N
Apr
Pub Serv 4s_
a
113% 114'%
A-O
ASpokane Internat 1st gold 4Vis„2013
Southwestern
123
105
57
vV"
delivery
sale
not
included
In
the years range.
Included In the year's range,
n Under-the-rule
not included in the year's range,
y Ex-coupon.
pound unit of bonds.
<1 Ix-lnterest.
e Odd-lot
sale not Included in the year's range,
r
sale not
Cash sale
tThe price represented Is the dollar quotation per 100-
§Negotiablllty Impaired by maturity.
Accrued Interest payable at the exchange rate of $4 8484.
tCompanies reported as being in bankruptcy,
,.
receivership, or reorganized under Section TT of
by such companies.
•Friday's bid and asked prices; *no sales being transacted during current week.
ABonds selling flat.
the Bankruptcy Act, or securities assumed
60
49
Deferred
jsmmmmmmsmssnmwsa
NEW YORK CURB EXCHANGE
WEEKLY
NOTICE—Cash
in
footnote
a
and
in
the
deferred
delivery sales
week
which
in
they
are
occur.
In the following extensive list we furnish
Dec.
16,
include
ending
and
the
present
Friday
security, whether stock
every
AND
complete record of the
a
(Dec.
22,
1944).
It
is
STOCKS
York
Curb
Friday
Last
Exchange
Sale Price
Par
ACF-Brill
Acme
Aero
Wire
common
co
,
20
Mfg
Associates
Convertible
see
4
Low
26%
320
4%
1,600
2%
page
2781.
Sep
3%
Dec
Jan
26%
Oct
Sep-
21
Jan
3%
Jun
9%
9%
10%
1,300
6%
13%
13'A
13%
1,400
x8%
2%
2%
2%
2,100
10
Last
Exchange
SaJe Price
2
35
5'%
Aircraft
Name
Aireon
Dec
Air-Way
changed
Great
JL__.
preferred—
Southern
10%
Dec
Alabama
13%
Dec
Alabama Power Co
3
Oct
Jan
—
Appliance
Feb
35%
Sales
for Week
Shares
Range Since January I
High
Low
UiaA
to
Mfg CorpElectric
Feb
Jan
Range
Accessories Corp—
Jan
$6
Week's
of Price*
Low
Par
Nigh
22
5
.
Curb
York
Range since Jannary 1
/..j.".
500
Friday
STOCKS—
19%
26%
4
DECEMBER 22
New
2
(N J)_,
preferred
For footnotes
3
Shares
week beginning on Saturday,
daily reports of the Curb Exchange itself, and is intended to
occurred during the current year.
WEEK ENDING
Sales
i
common
Inc
common
Uigh
FOR
for Week
1
i
Air Investors
Range
3
B
Ainsworth
Week's
of Prices
Low
warrants..
Supply Mfg class A
Class
Air
Motors
week, and when selling outside the regular weekly range are shown
transactions on the New York Curb Exchange for the
compiled entirely from the
bond, in wliich any dealings have
or
RANGE
New
RECORD
YEARLY
disregarded in the week's range unless they are the only transactions of the
No account is taken of such sales in computing the range for the year.
$7
_50c
7%
•7%
8%
12,100
—3
3%
3%
3%
1,300
99% 100%
100
6%
100
Jan
8%
Dec
4
July
Jan
102
Mar
Feb
119
Nov
109
Nov
114
•
_„1
Apr
104% Mar
50
preferred.
Alles & Fisher common.
2
2 %
89
6%
6%
6
July
8% July
THE COMMERCIAL &
Number 4345'
Volume 160
NEW YORK;
RANGE
Sales
Range
Last
Curb Exchange
for Week
Sale Price
Last
Ltd
Book
American
Mfg
:
American
&
American
Fork
American
Gas
Co
Cyanamid
&
common
Cable Electric Products common
Aug
15
73%
Jan
90
Dec
100
95%
Jan
110
Dec
500
1%
Jan
2% Mar
9
May
40
42%
280
28%
Jan
11%
11%
1,000
5'/a
Jan
13% Aug
38
3%
common
35%
Jan
45
Dec
2,900
40%
%
33i
1%
Feb
4%
Dec
4,300
4%
38%
35%
Oct
40%
Dec
•iV
Dec
1%
Jan
July
17%
17%
450
15%
Jan
19
29%
30%
11.200
26%
Jan
33 %
112Va 112%
*.«•
175
•
30%
114
Jan
107
Oct
Sep
Electric
California
Tungsten
Callite
Fire
Camden
Class
Class
B
voting
non
preferred
17o
9%
Dec
43 %
Dec
48
48
Dec
17%
19%
Jun
34
Jun
Carnation
Carolina Power & Light $7
350
25%;
„
32
31%
32
17
16%
17%
4,800
16 Va
19
Sep
26%
27
200
25%
Apr
27
Aug
53%
57%
275
35%
Jan
58
Dec
,
July
88%; Feb
102% Aug
American
Maracaibo
American
Potash
American
Co
Chemical.
&
Republics
American
Seal-Kap
American
common
Corp com
preferred
preferred
Thread 5% preferred
Writing Paper common
Superpower
Amer
1st
$6
American
American
class
Co
&
Carman
$6
Co
Co
(J W)
Carter
Corp
Central
Hudson
3,500
10%
Jan
15%
Apr
Central Maine
100
3%
Jan
5%
Jun
Centra,*
fff
Jun
Associated Tel & Tei class
Sep
3%
Jan
4%
Nov
5%
5%
400
4%
Jan
7% July
4
4
200
2% Mar
4%
Charts
Dec
Dec
Atlantic
Coast
Atlantic
Coast Line
400
113
30
106 %
Jun
•113
2,700
2%
3%
3%
3%
3%
2,600
10%
.*
w'
'
■'
■"
'
Jan
97 Va
'
i.«
Jan
Aug
4% July
% Mar
4
Oct
10%
i
Nov
115
7%
Mar
22%
Dec
7%
Apr
12%
Dec
5%
1,600
Service
Cities
$6
7%
Jan
Dec
8%
9
Controller
64
1,500
11
10%
15%
15%
16 Va
14%
12
14%
1
Products
Voting
1
•
•
ui.
5%
-■' "V
12%
Jan
31
;
.
Colon
Oct
5%
Jan
11%
NOV
/ 3,500
9%
Apr
.17%
Oct
14%
Dec.
7,100
3%
Feb
200
4%
Jan
6% July
■
10%
11 Vs
Oct
12
16%
8
200
25.
1
.
May
Feb
25% July
9%
500
15%
:
—
Jan
16%
Dec
29
•
——
30%
28%
5,100
20%
Feb
30%
Dec
6%
Jun
12
Dec
Baldwin Locomotive—
10%
11
500
39%
30
1
—
Rubber Co common
Baldwin
Barium
Barlow
(L)
Baumann
Brummel
Beau
Aircraft
common
Hedges
&
Benson
Convertible
common
preferred
Blauner's
$3
common
(E W)
Bliss
Blue
& Co
IS)
(H C)
Co common--.
1st preferred
Borne Scrymser
Bourjois
Co
Corp
.»
Mfg
Co
16
9
American
British
Am
OiF
American
Am
dep
Amer
B
reg
„i,
A
——
Bruck
Silk
——
Oct
Crown
$1.60
$5
&
&
For
Jan
33%
Nov
Jan
13%
Dec
4%
1.400
%
6%
Jan
3%
4%
1,700
19%
1.300
17%
Sep
50
14%
14%
5%
9%
3,900
4%
14%
39,100
footnotes
10%
9%
Dec
Cuban
Atlantic
Sugar
Cuban
Tobacco
Lighting
Nov
Curtis
Jun
Curtis-Mfg Co
-14%
250
%
700
%
1,050
9%
7%
Dec
1% Mar
38
Jan
Jan
4
300
3,100
Nov
12%
Va Mar
200
67%
7%
July
1% Aug
Jan
iy
Dec
10
Apr
12%
Aug
9 Va
Nov
70
5%
44
44 %
1,250
9%
43%
9
Feb
Feb
118%
104
Jun
111% Aug
4%
1,300
5%
115
Jan
32
800
6%
114%
Jan
700
1%
50%
Jan
2
2
2
21
20
21
Sep
Augj
July'
9%
Jan
10
Sep
6 Va
Jan
115
9
115
20
110
109
63%
113%
66
66
Oct,
115
Apr
Dec
2%
21
Dec
6
July
2,100
9%
Jan
4%
5%
•3,600
3%
Jan
13%
14%
7,200
9
Jan
14%
Dec
100
14%
Apr
111
Dec
12
8%
Va
8
8%
^
Jan
12
;_23
•
—10
5
*
2.50
2% July
1%
Jan
100
83 %
Sep
88
Aug
5,200
2
Feb
3
% July
325
23
Jan
35
36
25%
27%
lit
1 %
10%
11V4
9%
Apr
Nov
28 Va Mar
10,200
15%
Jan
1%
3%
Jan
12 %
Dec
11,700
3%
Jan
bv4
Dec
50
15%-
%
1,000
"
8 V4 4
10%
Jan
17 %
Nov
2
_2%
3%
J an
24
5,300
3'A'
3
36% July
22% July
12,100
7%
3%
Apr
2,600
■7
7%
25c
14
2%
2Va
2%
26%
Oct
U Feb
Jan
:X86%
2
86
2%
%
8%
Feb
1,000
:
17% July
Apr
5%
2,250
;
8
:_-*
:
80 Va
27%
Jan
Feb
33 %
Jun
26
Feb
Dec
Nov
4%
Oct
%
Apr
Feb
52
9,900
19%
Apr
26
Jun
3%
Jan
19 %
Nov
2 %
Apr
4%
Dec
8% May
13 %
Dec
~2%
~2%
25%
25
25%
18
18%
1,000
4'A
100
-
4 Va
900
70
43'A
43
Dec
23
1-
.10
Inc
common.
-6
(Mo).
_
Oct
Sep
Feb
16
Nov
Sep
37% July
Feb
21
18
Dec
Dec
18% Aug
20%
Jan
20
Oct
3%
200
200
6
—
Jan
6
Dec
May
19
Oct
17
'
—
—
—
6%
5%
3%
22
23%
„
1%
~3%
1%
•'
•
Sep
Jan
1%
1,600
Feb
77%
6,100
„
1
2%
Jan
•
Jun
6%
Feb
15%
1,500
22%
J
Nov
24
Nov
26
May
10%
10
1,000
-
■
92%
Oct
3%
Dec
21
Jan
33
Dec
10
.
10
21%
112
10%
.1%
22%
21
112
113
10%
1 % '
Class
Nov
10
Nov
9
Jan
8%
10% July
14%
Apr
400
97%
Feb
10%
4,500
9% May
1%
5,500
1
Apr
22%
113
12
Dec
Dec
Jan
1% July
23%
Dec
36%
Jan
36 %. Dec
15%
1,200
6%
Mar
5%
1,900
3%
Jan
6
Dec
Jan
86
Dec
113
Jan
135
May
&
'
5%
-
130
100
•
1
6%
20
preferred
Detroit-Gray Iron Foundry....
__1
Detroit Mich Stove Co common
1
Detroit Steel Products
—...——10
De Vilbiss Co common
10
7%
preferred
10
Diamond Shoe common
•
Diana Stores Corp...
1
Gasket
40
130
8%
9%
15%
5%
3,100
15%
200
com
"71%
6
—1
Domestic Industries class A com..._—1
Dominion Bridge Co Ltd
1
•
Dominion Steel h Coal B
28
Dobeckmun
Co
common
.
-
Jitn
July
Jan
3%
Jan
20%
Jan
29
Oct
22
Jan
26%
Dec
10
6%
17%
17
17%
14%
15%
1,200
12 %
12%
1,100
19%
19%
100
4%
4%
900
•
Sep
13% Mar
100
15
19%
1% July
%
300
26%
26%
16
21
1,200
27
26%
.£1
——1
Corporation
10% July
Feb
Jan
200
6Va
-1%
9%
Co Ltd—
dep rets ord reg._
Dec
12%
..
Am
Jan
15%
19
Mfg
—
Distillers
Jan
33%
50
preferred
debenture
Detroit
Dec
15 %
210
65
8
Mfg class A common
$6 prior
31
550
36 Va
15
36%
Jan
23%
1
Dejay Stores
Diveo
11,300
35
convertible
A
24
23
...•
1
Derby Oil & Refining Corp
1% May '
:
14%
5%
Davenport Hosier^ Mills
Dayton Rubber Mfg
Dennison
15%
5%:
D1
Jun
13%
30%
600
20%
19%
.
2781,
Dec
Dec
5%
Jan
12%" Jan
5,900
21
21
2.50
page
Dec
5%
47 Va Mar
1/64 July
20%
%
:
•
common
Jan
8
——
•
see
Co
Crystal Oil Refining common
$6
preferred
5%
1% May
21 %
25
den
56 %
750
27%
v
3
1
Drug Co common—
convertible preferred.:
21%
Jan
East Power—
Sullivan
"
Feb
9%
Apr
32% Aug
V,1,950
Oct
July
6%
Apr
2'A
.8,100
12
Nov
6%
12,500
,
Jan
3%
7,200
Dec
4%
'
•
....
10
(ord reg)__£1
•.
Nov
1%
Jan
1,300
*
____
preferred
Hill'
Corp Am
Oct
10%
46%
5
common—
preferred.
1st
Bunker
Burma
113
Jan
80
19%
42%
29
*11%
..50
Milner & Co—
Cent Petrol (Md)
Cork International A
Crown
1
common.:—
receipts
dep
Brewing
Crown
%
40%
Jan
10,400
u-
IIIl
Crowley
11% Mar
•
common—
Mills Ltd
Niagara
Croft
Dec
17% July
*
Buckeye Pipe Line
Buffalo
Dec
3%
24
1
prior preferred
Brown Rubber Co
Co
16%
Dec
Jun
2% May
,
9%
27%
50
*
1
Petroleum—
Jan
52
•
preferred
(E L)
Creole
Apr
Nov
11
Courtaulds Ltd—
Dec
Jan
•
$5
Dec
10%
Feb
*
...—
Brown Forman Distillers.
Bruce
12%
Jan
10s
class A
Power
Brown Fence & Wire common
Class
Feb
%
1% July
9%
30%
300
'
8%
Jan
Jan
600
5 Va
Jun
Mar
9
250
»
4'A
4%
%
*
preferred
convertible
Feb
5%
7%
'
29
•
86
Petroleum
Cosden
10%
41
38
9 Va
22%
Jan
%
4
200
•
Reynolds
&
15 7% Aug
43%
"■
7,600
1%
9
100
preferred A
500
JE1
£1
dep rets ord reg
Columbia
Class
Aug
$6
Jan
Ltd—
Celanese
British
Cor7 ,on
Nov
3
Tobacco—
ord
rets
Nov
45
400
.*
dep rects ord bearer
British
37
Apr
1,100
•
Co
Apr
1
100
200
1»A
12%
1
*
100
100
Inc d_-
11%
.
British
Coro
15
•
19%
•
1
Fdy & Machine Co——-1
Dec
50%
12
Jan
10c
Nov
14%
'
Jan
'r
;
—
19
4%
:
1
•
Co
144
50%
12
3
common
Textile
Jan
15
110
7
18
^
Gas
6%
20
111% July
Feb
27%
25
preferred
Paint & Varnish Co
50%
112
Jan
6%
80 Va
prior
12,300
9%
85%
8%
8%
1/64
series B
Consolidated
3%
9
12 % May
30
500
109
109
*
6%
4,100
'
78%
preferred
preferred series C
2%
*
•
Bridgeport Oil Co
Brlllo
15%
15%
1
1
•
118% July
Jan
1/64
Biscuit Co
Consol G E L P Bait common
% May
75
17% Mar
Jan
79%
preferred
Feb
12
1,900
10
Nov
8%
5%
Consolidated
American
1
Bridgeport Gas Light Co
12%
12%
36%
Gas & Coke Secur common
Cook
Nov
92 %
100
2%
300
10
•
common
19% July
28 % July
Nov
91
200
4%
Public Service
Community Water Service
Compo Shoe Machinery—
V t c extended to 1946
T-'o
Dec
1 %
2,150
Continental Gas & Electric Co—
Hep
Aug
Aug
12
28,500
34%
Continental
10
38%
11%
5%
Dec
82%
Nov
16 Va
9!A
Copper Range Co—
Cornucopia Gold Mines
5,700
2
14%
11%
12%
100
•
Aeronautical
Brewster
1%
14%
14%
:
variants..
& Southern
35
1%
Jan..'
5
8
5%
17%
'
Jan
5,600
475
Nov
120
115% 118%
■'
2%
Apr
87%
36
Consol
Jan
16 Va
Jan
28%
Oct
Apr
Dec
-11
Jan
36'A
Community
4 'io
Jan
%
25
preference
Commonwealth
a%%
v
Gas & Electric—
Columbia
5%
Jan
6%
L.J.
—
Arms
9% July
Apr
Mar
325
1
Fire
7%
33% Nov
500
V
9
Oct
July
|S Aug
5% July
8,000
1%
6%
Jan
Jan
Sep
12
•
warrants
30
,1
preferred
Traction Lgt & Pwr
ordinary
127%
commonw-,
1st preferred
2d
Brazilian
Breeze
Dec
4
%
3%
97
•
^—•
•
common—
Dec
3,100
V...
12
'%
19 V2
17%
5%
4%
5%
100
25
*
Inc
Bowman-Biltmore
$5
11%
14% Mar
•
*
optional convertible preferred
7%
Jan
21
•
common
Blumenthal
7%
Dec
6%
•
—
Ridge Corp common.
Bohack
11%
65
& Mach Co com—*
Birusboi'o Steel Fdy
120
Oct
5,600
1*J
35'A
8%
Jun
100
1
Bickfords Inc common
Apr
112
25
A
2
83
■
Feb
8
1
Berkey & Gay Furniture
Jun
4%
ll'A
4
100
...•
•
of Canada
Bell Tei
13
8%
120
11%
15 %
13
5%
20
1
convertible preferred—
$1.50
Bellanca
Dec
Jan
230
V
34%
'
•
Airlines
Patent
Colt's
•■•''
116
100
16%
5%
1
10
common
106
•'
.;
.
IS-
2,700
16%
—100
Ties
Mills Inc
Beauni;
4J% July
Jan
Co
L.'
87
5%
3%
•
common
1st preferred
7%
Jan
121
96% May
'
■J—'-
"
16%
3%
8
1
Inc—
Basic Refractories
9%
13%
12
10,000
3%
&
Seelig Mfg—
convertible A common—
Dec
7% May
119% Jun
"
'
2
i
Steel Corp
Nov
900
%
100
Utensil Co
Plow
—
Utilities
1
Consolidated Mining & Smelt Ltd
8
Consolidated Retail Stores
1
preferred
100
Consolidated Royalty Oil
10
Consolidated Steel Corp
.
—•
shares—
American
$1.20
Jan
6%
los Andes-
de
Banco
12
9
preferred
77o
10%
11%
warrants for common
Purchase
23,800
Jun
22
9%
105%
4%
4
Mfg
Corp
Development
$3
B
Co
16%
3% May
8
120
•*''
—
1
1
Inc..
Colorado Fuel & Iron
Conn
Babcock & Wilcox
Coal
Aluminum
Colonial
•3%
1
Illuminating
Electric
Cockshutt
Dec
v64
May
6
Club
Feb
21%
5
& Sons common
69o preferred
Ayrshire Collieries Corp—„
Clinchfield
1 %
11
Plywood Corp
(B Ft
Cleveland
800
5
Machine
9% Nov
3% July
94% Nov
6,900
2%
2%
2%
May
7 Va
*
—•
•
*
10
Co
Lights
Neon
Claude
1% July
Jan
Jan
4.200
f
-.10
.
preferred B
preferred BB
City Auto Stamping—
City & Suburban Homes
Jan
7% Nov
4,100
56%
8%
64
Automatic
Avery
common
$6
2% Mar
Automatic
Atlas
13%
Jun
118
'
v
100
preferred'
Jan
75
10
200
9% V
.%
1
Mining......
60c
%
•
Forge common
Drop
Atlas
Dec
4%
common—*
4
§Childs Co preferred
Clayton & Lambert
1
50
Aug
105
120
5
Mach
Consolidated
Chief
6%
100
\l
::
115
9%
■
Omcago Rivet &
200
7%
7Va
7%
£1
•
Co
Dec
Jan
.
25
Mfg
Chesebroueh
Chicago Flexible Shaft Co
1,600
12%
Fisheries
112%
10
Sep
8 %
May
9%
Dec
108 V2
8%
105%
i>%
common
cuip
Nov
113 % July
May
3
1,400
:
3
3,300
3%
4
10%
Oct
Dec
20
pfd
Power
23 %
Apr
7%
7%
7%
12%
A
warrants
Atlas Corp
Power 1%
York
*sew
3%
Jan
13
22
Dec
19
2% Mar
600
3 Va
3
21
_
29
12
48%
Jan
May
20
7%
£00
% July
Dec
Feb
7%
41
Dec
43%
8%
4%
18 Va
16%
200
•
com
4%
Coast RR Co pfd—100
Birm &
Atlanta
& Elec
Gas
4%
20%
dep rects reg
400
20
20%
Associated Electric IndustriesAmerican
Jan
12
Jan
2% July
Jan
12%
1%.
13%
124%
5
Associated Laundries of America
1%
300
•
Jan
1
11.700
16%
7%. Aug
May
22
& Refining Co
Oil
1%
16%
43%
14
1,100
Dec
144
Jan
111% 111%
105
19
5%
112% 112%
825
18%
Dec
4% Mar
X23
2,000
14,700
%
Jun
24
5%
11
19%
%
100% July
Jan
1%
17%
120% 124%
Sep
Feb
16%
17%
"%
121%
'.
100
5%
''
Clark
Ashland
Sep
'
2.50
Equipment Corp
Jun
7%
Jun
Sep
144
100
pfd—100
Central Ohio Steel Products
1
Central Power & Light 7%. pf<i
100
Central & South West Utilities
50c
Cessna Aircraft Co common——.
1
Chamberlin Co of America
5
10
Art Metal Works common
20%
7%
5%
—.—10
1
of America
Catalin
4%
'
Aro
July
13%
preferred.*
Arkansas Power & Light $7
com
& Co
M)
4%
,
July
4%
preferred..*
—•
1
Products
(A
12%
•
•
preferred
6%
48
9%
July
Oct
32/
Apr
Casco
x41%
1
non-voting
A
Jan
40
Jan
21
*
common
preferred
12%
—£1
1
•
pfd—100
Gas common
class
Common
•22%
150
1,900
4%
7%
•
•
A—:
Class B
Cherry-Burrell common
Anglo-Iranian Oil Co Ltd—
Am dep rets ord reg.
Angostura-Wupperman
Apex-Elec Mfg Co common
Appalachian Elec Pwr 4%%>
Argus Inc
Arkansas Natural
400
7% Mar
20%
V
Products
City
Capital
x41%
3
•
,__2
Fence
Post
Anchor
31
42
31
*
*
$6 series
6,800
1%
1%
1%
1
•
•
10
2
10c
Meter Co
1% Nov
Sep
9%
Jan
100% July
S
Canadian Marconi
Castle
10
xl00%xl00%
—
Apr
5%
..100
•
Jan
Jan
5%
700
Ltd—
Canacnan Industries
Jan
Feb
4
100
7
.
7%
7%
•
•
voting
A
17
53%
3% May
6%
25
Participating preference
Industrial Alcohol—
5%
14%, Apr
>
Canadian
34%
41%
i
Dec
100
preferred
Canadian Car & Foundry Ltd—
350
100
Dec
2 %.
*
;
6%%
900
400
2%
Jan
-
5
Ltd—-
9%
■
Jan
%
7
7
6%
1
Corp
Co
%
5,200
2 %
2%
7
10
.
Insurance
Cement
47%
17%
100
Preferred
Power
43%
8%
5%
2.300
1%1%
50o
Voting
43
25
100
preferred
' Dec
12,100
3%
38%
■
50
43%
43
43%
Jun
250
Jan
Jan
4
Apr
4% July
trust certificates
50c
Cables & Wireless—
American dep rets 5% pfd.—-.a—£1
Calamba
Sugar Estate
_1
11%
10
Electric
Co
Aug
20
41%
preferred
100
General Corp common—10c
$2 convertible preferred
1
$2.50 convertible preferred1
American Hard Rubber Co
25
American Laundry Mach
20
Ainericr n Light & Trac common
25
Mfg
115
Feb
42% Aug
4% %
American
Feb
18%
2,000
2%
3
1,700
.•N<
109 %
200
3%
25c*
common..—
100
90
214
H)
(P
400
14%
Range since January l
Low
High
High
3
Dec
110
American
6%
Dec
88
14%
warrantsHoe common—-—•
&
8%
37%
109
Power
Foreign
Dec
%
Nov
90
28
23
1
10
A
Class
Class B
American
Butler
Low
Shares
Jun
Canada
A
class
Convertible
Jun
31
:
& Light-
Cities Power
American
6,900
19%
19%
1
100
—1
Co
Central
American
36%
113% 113%
100
American Beverage common
31
Apr
2V/b Mar
8
•
•
common
preferred
6%
Feb
for Week
of Prices
12%o
Corp..
Burry Biscuit
22%
125
28 %
35%
35%
-*
Mfg
Aluminum Industries common
Aluminium
28%
(Mich).
Goods
Aluminum
Dec
Jan
23%
pfd——..*
10
Class A conv common——
-23
Altorfer Bros Co common
__*
Aluminum Co common
—*
6%
pre!erred
,1
—.—100
Products
Allied
35%
8%
Allied Intl Investing $3 conv
.
Par
;
dian
Low
Hiah
Low
Par
Sales
Range
'
Sale Price
.
V v"
Week's
Friday
,
Curb Exchanf*
York
New
Range since January 1
"Shares
of Prices
22
STOCKS
Week's
Friday
8TOOKS—
York
New
CURB EXCHANGE
WEEK ENDING, DECEMBER
FOR
2777
FINANCIAL! CHRONICLE
13
Aug
Mar
6% July
8% July
18%
Oct
16
Dec
17
July
Jan
14%
Nov
10%
Jan
21%
Dec
4%
Nov
5%
6% July >
22% May
■'
__
—
.
!
—
25*% Sep
Feb
8% July
6%
THR COMMERCIAL &
2778
Monday, December 25, 1944
FINANCIAL CHRONICLE>
NEW YORK CURB EXCHANGE
RANGt
Friday
Week'*
Range
for Week
Exchange
Par
Dominion Tar & Chemical Ltd
Textile
Dominion
6%
79%
80
—.*
Corp—
Driver Harris Co
Nov
50
Oct
63
Oct
67
75
80
Feb
80
Aug
"/. /
Hubbell
•
•//,/ ;'
-
Fibre
8%
class B common
*
common...—.——1
Duval 12xas Sulphur
;
—
•
Hosiery
10
Feb
39 3A
Dec
Hussmann
Feb
83
Dec
3%
Jan
10
Dec
2%
Jan
113/2
13%
8Q0
•
4-% July
13 %•
9%. Jan
Dec
;——t.—•
Co
^ygrade Food Products—.;
:
Apr
25
Dec
Jun
Sep
453/i
4
Jan
8—
10%
100
6%
Jan
4%
GOO
2%
Jan
29%
30 Va
400
20%
15%
16%
500
9%
4,800
f.
42%
43%
7 Vs
38 %
6,500
6%
1,100
10%
;
■.
~4%
—.1 •
-—
1 ,/
Hydro Electric Securities.—
High
Loir
:/6%''V
Huyler's common.-...——
1st preferred
'
700
Range since January 1
17%
43
263/4
1,200
.
3%
3%
Corp
VVeok
Share*
High
Low
Corp......
Ligonier
Sale*
for
of Prim*
S.
Inc..
Humble Oil & Refining
Hummel-Ross
'<■
Range
•
Price
-Par
(Harvey)
74
39
39
10
*
Duke Power Co
Durham
93/4
Jan
' Last
'
.
Sale
High
63°
*
Draper
Duro Test
Low
:
—
Ltd.,—;
Co
High
Low
Curb Exchang*
Range since January 1
Share*
of Price*
Sale Price
New York
Week'*
triday
STOCKS
Sales
Last
STOCKS
York Curb
New
WEEK ENDING DECEMBER 23
FOR
4%'
■
4%
Dec
32%
Dec
,
Jan
3% July
3% July
* 15%
—.
Sep
xll% July
Jan
Oct
18%
;
•••///w-4'
Illinois Power Co
East
4%%
preferred
prior
49
52'%
1,725
1%
I
——
1,800
Machine B—.—-.—
l3/8
•
53 %
Jan
common
Jan
52%
Dec
48%
Feb
8%
17%
100
9%
9%
95%
96
3/4
983A
99'/a
70
7.0
18%
39,200
Jan
Dec
11%
14% May
7%
Sep
200
83%
Jan
97%
88%
Jan
,99%
Dec
700
46%
is
Dec
200
83/4
Feb
11%
343/4
35
550
Jan
38
143/4
15 Va
600
,_50
49%
104
j
43'A
...1
10J/4
100
13/8
,
1%
...1
20
104
10'/4
-
.100
t
50
49%
11%
46 %
15/B
10,600
43%
225
81/2
1,200
56%
1,100
43%
July
163/4
Sep
Sep
Dec
105
44
100
Dec
51% Aug
Sep
42 % Mar
100
common
convertible preferred
Inc
49%
30
Dec
Feb
Jan
12% July
l'/a Mar
1% July
8%
31%
44
Jan
i
Dec
Jan
8%
27
7%
8%
"
53
54
Oct
343/4
Apr
18%
Feb
603/4
Dec
4%
Fairchild Camera &
Engine &
Faircmld
-1
1
1
Inst Co
Airplane.
Brewing
Falstaff
Mfg CO——
Fedders
Federal Compress fit
10
Imperial
Tobacco
Franklin
12%
1.25
Feb
Nov
11%
of
22
50
22
Dec
1
Co—J
stock——;
convertible preferred——.—100
(Geo A)
7%
Service
6%
Co
Power
130
56 %
Apr
67%
Gellman
4%
Apr
63/4
Oct
800
22%
19 3/4
Feb
23%
19%
22%
Jan
jioo
t
v
c
common
7%
International
North
America
Cigar Machine
Metal
-
.
A
International
International
Safety
International
Irving
3J/2
100
2
Jan
500
23
Aug
283/4
26
17%
18
183/4
18%
20 'A
3
Jun
500
5%
30
Feb
Sep
*
1,600
5%
21
—1
common—
10
x57
18 %
Jan
21%
Nov
37
Feb
62%
Nov
Fireproofing common
las & Elec $6 preferred B
Gen
General
Outdoor Adv
6%
General
Public
Jan
84%
Nov
Rayon
Co
General
.100
i* Li
Shareholdings
stock
A
23%
Oct
20'%
100
15 %
Jan
20 Va July
9%
9%
2,900
73/8
Jan
10%
18%
18%
5,700
16%
Apr
135/0
Apr
19% July
:
12%
9 Va
1 Va
2'%
2%
1,100
2434
350
18
51'%
51%
150
48
Jun
Jan
12%
Dec
3
7 % May
15,400
22%
.
■
Aug
Jan
Aug
25%
Dec
Aug
52%
Dec
1% July
Feb
1
Feb
30%
Aug
Jan
25
20Vs
Oct
'
7
19%
400
-3/4
%
600
19%
250
17%
Jan
x8%
9'/a
1,300
73/4
Jan
1
1
500
%
Jan
5
10 500
17%
,
;
%
•
9'
1
•
Engine
6%
preferred
% July
'/a Mar
20% July
11
Aug
13/4 May
preferred
1%
600
12
Jan
l3/4 July
100
12%
Jan
3%
Feb
8
19%
1,100
20
5%
A
pfd B_
137% 137%
40
101%
70
1% "l%
300
2%
73/4
115
(I
Kleinert.
Jan
140
Jan
Oct
Feb
105% Nov
109 Va-Nov
111
10
100
Jan
21 %
75
18
Jan
120
July
14'%
Jan
102
Oct
Jan
90
Bi
14 %
15
Nov
21%
Dec
29%
33
11%
11'%
Dec
5'%
110
.
3%
61% July
Oct
55
Feb
4
July
Feb
4
Sep
200
Jun
113
Oct
2%
2.700
35.100
%
Jun
Oct.
3/4
38
100
Jan
'
7/a
5'%
"
•
%
15%
16
8'%
100
16%
50
Dec
IVb July
16»% July
Feb
16%
Mar
12
1,100
16'/4
50
8 J/4
% May
15%
m.l
Dec
183/4
Feb
—
Oct
Dec
50
Feb
06% Aug
7%
50
Jan
84'%
*
Inc
.^.r-
8 J/4
3%
~7'%
r_10
Co..
Dec
48
43
43
"3*1
Ltd/..
common..
Rubber
Stores
•'
__
—
1
M Co
Dec
33
1,025
9
—1
Co
Feb
15
9'%
3,150
124
9% Mar
200
30%
*100
Corp common
Kobacker
Jan
9%. Mar
16
Kresge Dept Stores—•
convertible
4%
Oct
79%
Emil)
(D
Knott
74
100
108
20
100
100
•
Lake G
Kirkland
Nov
8% May
21% July
Jan
7%
Products
Petroleum.
July
16
Jan
143/b
2Vfl
50
9 J/4
Lighting
preferred D
Kubv
1,100
Dec
5%
109 Vb 109 VB
100
—8
—*
pfd
Co
Kingston
4%
7%
13%
K
Kansas Gas St Elec 7%
Dec
Jan
15%
108
108
25
Apr
Feb
,
Jan
87%
200
5
Dec
5
2%
5
8 600
103 % 103%
.'
Kennedy's
Inc
Ken-Ffad Tube & Lamp
Nov
1%
7%
12%
5
—
pfd—100_.
100
-190.
preferred
79
Feb
400
15%
11%
12
-!
Glass Co
4%
4%
_1
Co
Co
Julian & Kokenge Co
Jan
1%
1st
Brewing
Co
preferred
100
V
Dec
Kreuger
%
Jun
2,900
1%
Feb
70
75%
Jan
94
Dec
8%
•
Jan
19%
—
Jersey Central Pwr & Lt 5V2%
8
70 3/4
100%
1,800
7%
11%
1
Aircraft
Jacoos
Feb
3%
$6 preferred—*
Service
General
pfd.'
20
Dec
3%
10
•
•
preferred series A
General
Dec
18%
Mfg voting trust ctfs
Superpower A
7ya
•7%
Dec
18%
19%
.*,/
preferred
Italian
Klein
dep rets ord reg
Amer
91%
Jan
4% July
16% Aug
10%
Ltd—
General Finance Corp
Aug
Feb
14%
27
July
58
x57'
1
—•
Alloys Co
Electric Co
Gen
63
/ 77%
*
Mills
Chute
Air
Jan
450
200
1,975
l l
Royalty
Fireman
Aug
19
.15
com
Equipment
S7
3Va
90
50
Hosiery
3% Aug
Jun
57
B.t_—,.
Corp
preferred
Investors
Iron
Razor
Feb
Apr
1%
1,600
88
18%
jlIO
;
Utilities
Power
70
1
300
2%
—
Products
Home
Jan
2%
2%
20%
shs__*~
coupon
46%
56%
2%
2$
Petroleum
shares
40
Feb
54
J"T
Warrants
Registered
Oct
%
19'%
^..*
International Minerals and Chemicals—«
International
06
18%
',*r
r.SC
Industries
Jan
88'%
—10
International Hydro Electric—
Preferred
$3.50 series
International
27%
114% Aug
Mar
42%
57
100
of
Co
55
%
■
11% July
Feb
163/t
preferred
Insurance
•
56'%
'!;2%
I,/
13% July
190
52
Jun
13% July
Apr
Jan
106
30
6%
Apr
,
9
300
-
49
T
Common
23% July
283/4
3%
100
Mfg Co common
General
11
11.
Dec
2,700
5%
*
common
100
xll2-J%xll2'%
-L.-T
'52
.-100-
preferred
Industrial Finance
Kings
preferred
1,500
IP/4
22%
prefer red riOO '
preferred
Kimberly-Clark 6%
5 %
10%
12 VB
ll-
1—_|f"
Britaitt'8r:
Key Cc common
Gatineau
Jan
25% Mar
67
5%
5%
Jun
5%
1,050
•
11%
:'ii%
■
■
Great
Indianapolis P & L 5 Vt %
Indiana
iS
Sep
65
conv
4%
47%
5%. May
22
65
&-■-J
fit Malt common
Grain
Nov
17
Feb.
14%
2,400
Oct
9%
800
14%
6
£i
7%
Distilling
Co
Froedtert
$3
1,100
6,300
103/a
93/4
——
Brewing new
(Peter)
Fuller
17
47%
4Va
Dec
13 Vs
Ireland
Jeannette
Aiiier
Fix
16%
10%
*
Motor of France—
dep rets bearer
Ford
Jun
voting
B
Class
21
non-voting
A
Class
1%
Nov
15
11 %
Jacobs
—
—-8
Warehouse Co—25
(Phila)
Ford Motor Co Ltd—
Am dep rets ord reg
Ford Motor of CanadaAssociation
Fire
14,200
4
44
473/8
Metallurgical
Fansteel
33/4
4
13%
Jan
Nov
'
lndustneth—
Imperial Tobacco of Canada.
Interstate
7%
Oct
17%
Registered
$3.50
2,000
12%
53%
Jan
-;'::/:4%'" jfah
'
Interstate
12%
Jan
9V-jt
...
Chemical
Interstate
12%
Co
dep rets regis...
Imperial Oil (Canj coupon.
Dec
'
.50
Line common
Eversharp Inc common
Pipe
43 '/a
4,000
Am
1% Mar
400
lla%
Zinc
Imperial
Dec
73
Apr
.3/8
113/4
—
Uiinois
Dec
500
17%
'-Lk-l'
;
16%
13%
53%
16%
54—i-
ctfs
arrear
f5%
53%
153/4
common...
preferred
conv
Dividend
Dec
2,500
72
6
9% July
Jan
5
-15
preferred
Dec
35% Oct
Iff
-
Oct"
33 %
in
——
Equity Corp
Eureka
Dec
Nov
1%
725
7%
98
District Electric 5% pfd—
Empire Power participating stock—
...5
Emsco Derrick & Equipment
Esquire
52%
35
,_30
warrants—^——
Empire
$3
Jan
Jan
% Mar
325
17%
•
Electrographic Corp.——
Elgin National Watch Co.—
conv
323/a
40%
9%
preferred—
,—•
—•
preferred.—
—
Electric Power & Light 2d pfd A—
%%
1 Dec
85
Jan
Oct
50 3/4:
17%
$5
5
2%
39%
500
I~5
$6
Co
56%
v
5Q
40%
'22*'
Grocery Stores..
Electric Bond fit Share common
Elliott
Feb
24 Va
1%
-7%
Economy
Ontion
775
'•
.
-Jt
preferred""!.——
washing
1%
33 Va
preferred series A—
$6 preferred series B
Eastern Sugar Associates—
Easy
85
•
$7
$5
84%
Corp.
States
Eastern
-20
——
2,400
49%
.100
,
Eastern
2%
84%
100
...——
preferred..
Malleable Iron
6%
2%
& Fuel Assoc common—
Gas
t %
Jan
13%
Nov
413/4
Jan
52 Va
Nov
Lake
1%
9
62%
-
63
500
/:/
2% July
'
1
com
$3
93
Geoigia Power $6 preferred
preferred
25
153/s
50
Preferred
Gilchrist
Glen
Godchaux
Class
$3
class
Grand
Gray
Mfg
Oct
16
Mar
11% Mar
Non-voting
1st
21,800
13%
Apr
37 V»
Apr
55
Feb
15% Aug
.275
400
Mines
•
t
47
10
stock
20
47
200
38 '%
400
7
12%
2,600
x40'%
30%
Jun
\} Nov
Oct
8
82% May
Jun
Nov
40
Feb
4%
Jan
8%
Jun
7
Jan
13 Va
Dec
•
.
89
250
Jun
933/4 Mar
136
25
130%
Oct
136% Aug
83
35%
250
29%
Jan
37 Va
Dec
93/4
10%
1,000
6%
Feb
11 Vb
Nov
26e
common
$4.40
35%
93/4
7%
7%
73/4
500
8%
Dec
109%
Dec
.—25
.
pfd
.
—100
Alabastine
&
873/4
136
_*
f^nduets
Utilities
873/4
3% Mar
107%
,•
6
Nov
10
Jun
July
of
Langendorf
Class
Hall
Lamp
Co
j
Bridge
Hammermil!
Ltd—
Co
Convertible
Leonard
Oil
Lit
__10
Hartford
Rayon
..—1.25
Electric Light
Hartford
Harvard
Hat
voting
Brewing
trust
ctfs
1
Hearp
Co.
,.1%
-_1
b%
Helena
Stores
A
5%%
Henry
,
.._25o
4
100
6%
200
63/g
*
20
Groceterias
fit
Hollimrer
nrefcrrpd
common
7%
Hormel
A
9
19%
20
200
12
Co
G
M
common
„
fGeo
Ot
,
At
Co
fir
IA
r*->rn
fit.
Hardart
Horn
fit
Co
common
200
17%
17%
100
Jan
19%
19 %
500
18
May
100
24
Feb
Nov
Hardart
*
Baking Co
»
39
9
39
9%
2,000
2781.
Dec
15%
300
3%
14%
8'%
Aug
Va July
7%
100
Dec
Massey
12
May
105
Dec
& Light $8
common.—
•?3%
3%
-200
17%
18 J/4
10%
11
14%
Dec
28%
Dec
1%
Jan
3%
Dec
1
1834
:
.
,%'
31
125
25%
110
8
6 600
11
Nov
" Nov
1%
Feb
82
950
51
Jan
76
'1 575
49
.^1
76
9%
1,200
7%
683/4
600
67 '/a
8%
10,200
34%
750
Jan
Dec
,83
.
Dec
9%
Dec
68%
Dec
^
Dec
Dec
6%
9
Feb
109J/4
8 3/8
■
Jan
Nov
Oct
114
1
Z
34
263/, Mar
34%
/
Dec
m
81
31
i'.- 5
Mead Johnson St Co
Dec
Dec
Memtt
July
42%
Dec
11%
Jun
Messab' Tron Co
Metal
A
&
Textile
.
^/rp»i»ni->nl'tan
Oct
Michigan Bumper
Michigan
Steel
31
Dec
Micbifrnn
Sugar
Preferred
Jen
8%
.
Jun
834 J"lv
14%
163
,
j
Pec
Oct
4% Jvlv
94
13%
pec
Pe(J
Jen
4
pec
110 !
Aug
1%
Jen
4%
2 34
....
1,800
—;
.
Oct
J"U
4
Mm-
36
Jan
44
Aug
110
Jen
116
Mer
""Jq
?%
^"C
pfir>
a
—
Tuhw.
Co.
Sep,
Sep
99
1^0
Corp.—
Jnn
Jan
%
1,100
nreferred
Eri'on^
nraforred
Apr
Jan
-
1% Mar
Jan
6
11,600
Scott——i
Corn
9
Jon
41
r'articinating
119
Feb
3 J/4'
1,300
t*.
...
preferred.;
Jan
138
rnmmnn..—
Chapman
Warrants
10
R% M-r
•
./ Nov
26
>
—_
22 %
Stores
e
Jun
Oct
2%
2,290
30
—
,
6%
600-
Corp —.—.—__c——
MeWilliams Dredging.....^
;
17%
Apr
Oct
-
333/4-. Mar
Oct
u
500
Harris common—
Mercantile
111%
10
103
43/4 -Jan
4,8MP
«.
Memphis Natural Gas common...
May
-
15
.550
500
Oct
-
2% Sep
Jan
Feb
Jan
5 J/4
200
—;
Dec
40
l»/8
1,200.
,
Corp.,
Jan
Jan
18%
Jan
11
1,500
Oct
r21% Nov
Feb
75%
Internat Marine
Co Ltd—4-—
Oil
July
Allg
23 »/4
Jan
Nov
15
4%
JJ-r
"
31
1-
Feb
Feb
r21%
IS
Dec
15%
Apr
103/4
150
145/a
...
6%
Dec
Jan
—/I
pfd—w*
—8
Exploration
At
27%
Mar
3%
3%
McCord
13
116
10
,
67%
Steam ShovRl_.__j_.
Mass TTtil'Hes Assoria+fon y t
Nov
17
33
7%
100
Aug
22%
3,000
Marion
20
133/4 Mar
Jun
143/4
28 3/«
Oct
1% Dec
31% Oct
fit Jan
26J/s
700
14 VB
27%
Communication
Margay
14%
12
14%
■
JQQ
page
9%
_♦
rirofprred
see
39
•
1
pnmmnn
For footnotes
"5%
»
4
Tnc
Horn
Mar
5%
rJ0
Manes
Marconi
49%
Nov
100
preferred—^..
Consolidated Mfg Co
Z
Dec
Jan
9% Jan
5,400
30%
convertible
Dec
Jan
103 %
$5
Apr
63/8
20
1%
30%
Apr
75
Oct
7% July
'
"l%
Dec
6J/4
8 ~ Dec
Feb
.7-%
Mengel Stores
41%
104%
Corp
7%
Jan
27
Mar
—60 V""'
B_—
Manati Sugar optional warronts..:
20
10
Jan
Aug
3
69
__:
Nov
2.400
49%
__{f
common
Land
Power
4%
Jan
14 % July
100
1%
10%
.—100
preferred A
J New 6 %• preferred
34%
Apr
Jan
,
common...-——-?1Q
class B
Dec
Feb
Jan
2% July
Jan
2.50
common
class
Consolidated
Holonhane
Herder's
Co
1,000
;
56
5% Apr
3%
Class
Nov
9
104
l
Rubber
2%
63/4
30V4
—IfV"'*/
Chain
Dec
8
110
9%
■..
5
Jan
t
...
([New
6%
•
14%; 15!Za
Long Island Lighting commop^—■
1% preferred class A.
.100
flNew
13 Va
27%
rr.*-
29
1» Feb
11% Jan
preferred w w
....100
fit O participating A.:
tRl
6V2
lO'/a
Jan
Sep
xl9% Mar
8%
49%
8%
•
Common
Hop
5,700
_2
common
Heyden Chemical
2
4
Holt
Hewitt
50
6%
56
.
.
Co
27
4
4
common.
Rubinstein^..
Class
jfpiior
1,200
26%
preferred
_■
Mining Co—
Hecia
1%
Corp—
Dent
93/4
47
Corp of America B non-vot com—I
Hazeltine
27
53/4
4%
93/s
27
■
~
—s__-
common
4V«
Jan
Jan
Feb
25 *
HfK
Inc
Lone Star Gas Corp
6"-
2%
100
14%
Brothers
Lobinw
2V4
100
20O
'5
Inc 6% preferred—-i25*r"
(Thos J1
'■/: Class' B
3%
7
/
18% July
Jnn
21
Corp
Lipton
Deo
Dec
13 Va
T*T.*
^.25
preferred
(R Gi
Material Co_.„
Lionel
67 J/4
65
A~_*
:
Development..
Le Tonrneau
Line
63/4
Jan
Nov
12
105 V»
Lefcourt Realty common
Lynch
—•
Paper
3%
37
57
4 500
iu*/'"'
Louisiana
Hamilton
:
—.".Ll""
class
Bakeries
B
Louisiana
H
15%
...i00
preferred...
United
14%
*"7
&JS
Delaware
Lane Wells Co common—....
Locke Steel
100
Paper—
Stn>*<»o
6%
12 Vs
7'5% Jan
Pacific Tea-~
common
Lime
38
6%
12%
% Jan
600
7%
Oct
110
Jan
8,700
%
7
•
preferred—
State
9
104
""%
•
Greenfield Tap & Die:
Gypsum
19
13%
.w—
&
Great Northern
Omeprr
16%
49%
common
Atlantic
1%
18%
Dec
19
13%
Rapids Varnish.—:
1
Mfg Co.—--———_.—,.—8
Great
153/e
May
52
49
A_
preferred—
Gorham
Dec
Lane
Feb
49%
;
Consolidated
Inc
Lamson
Corp
61
15
.
1.''
Lakey- Foundry & Machine
Jan
13%
preferred
Gorham
Dec
40
110
62
s.l/
Nov
Bryant 7 °fr
623/4
'
i—
Ltd
115%
93/4
•
;
Mines
Shore
110
51% Mar
—•
Sugars class A
-iOCT
fN Ji
Certificates of deposit
Jan
10%
—•
..
Mar
10
•
B
Goldfield
15%
«
Coal.—.,
RR
Lackawanna
1003/4
•
:
Co__—
Aldei.
2% Mar
111
•
common
Gladding McBean fit, Co
Gulf
51%
♦
*
(AC)
Gilbert
$7
51%
•
preferred
$5
94
1
Water Gas & Electric common
Gen
2
•
Corp
preferred
convertible
$6
1,°00
—
/
100
11
4% J-%
10
PeC
Mer
134
Pet
Jan
91/4
Oct
Volume
2779
CHRONICLE
THE COMMERCIAL & FINANCIAL
Number 4345
160
mf#
NEW YORK CURB EXCHANGE
RANGE
York
New
Exchange
Curb
,
•
B
Class
14%
v t c_l
Petroleum class A
States
Middle
3
_————1
v t c—
Steel
400
-
3%
10%
13 %.
1%
.
100
.
Co
27%
28%
common—.—
Abrasive————--——50
Co——————
-10
Piping & Cuppli ———
Mid-West Refineries-—-.———1
"
2%
Mining
MmncsUa
: 2-1
78
2%
;%
3
Light *i%
Pwr <w
Oct
Pnans Tire & Rubber——,
—
Dec
Philadelphia Co common—.
Pnutt Electric Power 5% pfd
Utilities
Dakota
....
1
1
12%:-1,900
12%
9%
3%
31/4
3%
2%.
2%
2%r
2%
1,600
■
100
.
Nov
28%
12
Sep
July
Pitts
182 -182%
A
Ward
Montgomery
City Copper common
Mountain
Producers.
Mountain
common—
Plough
Inc
6%
*
5%
3,700
Polaris
Dec
Powdrell
127
18'A
_»
"2%
Muskegdn Piston Ring——-—
Muskogee Co common——
6%
preferred—
1j%
13%
Scale
Dec
Prat t
Sep
Premier
Jun
2
Prentice-Hall
6% July
24 V4
Nov
136% July
Providence
Public Service
6%
Jan
11%
Dec
Jan
87
Dec
20%
Dec
Corp
Bellas
Breweries
preferred
7<fo
common
•%
43
43
—50c
15%
fo
Mtsr
Stores
*
11%
11%:;
16
16%
*
*
Ntuiutidl Sugai Refining——;—
*
National Tea 5'/*% preferred———10
National Trans't
12.50
National Tunnel & Mines common
1
ti.uv.wnai Union Radio
;
30c
Navarro OB Co
—
*
Nebraska Power 7% preferred
100
Nehi Corp 1st' pfd—;—
1—
*
Ncmon
(Herman»
Corp
5
Neptune Meter class A
———
,*
Nestle Le Mur Co class A
—-—*
preferred
<2
& Tel
New
Euglana
Pel
Haven Clock
New
Idea
New
Jersey Zinc,—
New
,
€0
1%
&
6 %
N
Y
V
City
Co
Auction
N
N
Power
Y
N
Y
8%
B
Class
3%
!'
•
26
5%
Jun
Oct
10%
Oct
Feb
9
7%
14%
200
64%
65%J
6C0
2%
.2%;
64%
21
1.100
Apr
Oct
Aug
Apr
6%
500
21%.
Jan
Feb
104
1 'u
21%
2%
47 %
1.125
lf>,%
113%
Nov
Jan
15%
Nov
21%
D?c
13% Mr.
54
r
Apr
2%
Jan
66 %
3%
Jan
x6
Nov
Jan
11
Dec
Jan
34
Dec
15%
Nov
"4
102
Jan
106% July
32%
18%
20
450
Jun
60
18%
Dec
Oct
111
Jan
May
108 %
90
67
64%
Jan
13
3.600
18%
17
108'% 109
75
Jan
3%
Oct
94%
90%
875
74%
1,300
%
Apr
6C0
5%
Jan
7%
107 %
Aug
6%
6%
--•'7:
Apr
Feb
May
105
13%
14':':
4,900
13
13%
10%
13
;
200
9%
Jan
600
1%
Jan
1%
X16 %
1%
4,000
1%
8.000
120
4
37
36%
36%;
1%
1%
1%:
5%
5-%
Rath
Natural
Co
Can
10%
Jan
14%
Jan
110%
Dec
11%
Jan
17
May
14%
14%
-10
14%
5% 7
RooSevolt
Public
Poc fT
41.30
1st
Light
1%
Service
t c
St
pfd D
preferred
Oil of
Feb
Salt
Jan
Jan
Jan
Jan
20%
$2
A
—'
29%
10
9%
v:;
Paramount
Motors
Pfl*-kf>r
Pa
Corp...
Dec
Samson
Jun
Savoy
Oil
&
Co
37% July
37
July
54'A Mar
(D
Schulte
Corp
:
li
•'
^
Aj
110
Dec
Plymouth
peninsular
Telephone
40
preferred
Pennmad
Corp
ponocvivania
52 80
Cflc
""
A'
Power
common,
.
Convertible
Eiec
S6
*
l—
-
—-
Co
Seeman
Lock & Hardware
Seiherling Rubber common
Oct
Jan
4%
Oct
24% July
112
Feb
116
1)5
Jan
117%
Dec
Jan
108
18%
113
Jun
Jan
30
Dec
6
6D0
Aug
8
-'-1 '
Feb
6%
Securities
$5
Co
Co.:
Shoe
Industries
Inc
Jan
$5.50
*
25
certificates
7'A Mar
9'A
Sep
Nov
13
Safety
Sentry
"lass
Lumt
A
$7
mm
......
preferred.
**
1
*
1
1
Serrirk Corp class B
Leather common
Denn
Shattuck
Sherwin-Williams
pfd
cum
Salt
»•
11.0%
Mfg Co
P"r
footnotes
see
page
2781.
10
Dec
—
Mar
11
600
18
Jan
%
%
%
1.700
3%
3%
1,200
Tii
900
%
3%
30
105%
Jan
%
—
108
—
r~i CO
Jan
108%
w
Nov
Oct
1 Va
2% May
Oct
Mur
4% July
1% July
109
Sep
11%
11%
150
11 %
Dec
15%
Feb
15%
17%
1.400
10%
Jan
17%
Dec
2%
•
Feb
3% July
-
i,-
„
7%
8
3%
19%
Dec
Aug
18%
Dec
Jan
3%
r
11%
Dec
Jan
9%
Dec
11%
Oct
3 %
300
.
Aug
Ma
4% May
11,700
9
7%
Oct
8
'
—
.
8%
8
19
16%
4,300
Apr
Jan
13%
2,700
-
19%
18
19%
7%
5
17%
6%
6%
2,300
1%
Jan
2%
11%
4%
7%
2%
1%
106'A Mar
96 %
Jan
Mar
May
Breweries
4% Aug
■
'
Manufacturing
i
750
;
1
1
11%
.87
4%
—
2
9%
19
2
10
11
x86%
85
■
8,800
1,400
87%
1 " Jan
6% Jan
16% Feb
4 400
3,000
1%
11%.
1,000
100
100
87
Jan
40
—
2%
10%
19
%
7%
Dec
4%
Dec
25
,
Oct
3%
Dec
Jun
75
36%
Dec
114%
Nov
95%
■
Dec
12% Mar
5%
Nov
48%
Jun
2% July
11% July.
22
July
1% Mar
Apr
Feb
11%
Dec
67
Jan
87'A
Dec
69
Jan
87
Dec
6%
Paper
;
pfd
Mills
Solar
Aircraft
Manufacturing
Mar
Soss
40
Nov
South
Jan
Smith
penn
6%
Pec
Southwest
Southern
Jan
<
3%
3.800
4^000
Jan
78
Oct
Mar
49
Dec
J»n
3
Oct
94%
Jan
111%
Dec
5%%
fO
Jan
10°%
Nov
Southern
38% Nov
5%
1%
Colorado
131/3
141/4
900
Aug
16
%
106
19
Dec
Dec
115%
Feb
£1
13% Jun
Dec
3% Apr
Aug
55/3
55/3
280
„
6.600
286%
229
2% Feb
103
Jan
12% Mar
—
—
—
—
jl%
—
—
9%
H%
Line
18.300
6%
7%
1.'800
"Z
2%
2%
L10Q
-1
~~
~~
8V8
8%
2,500
3%
3%
1700
ZI
42%
42%
600
__
„
42%
43
32%
32%
200
3134
32
400
10
2% Jan
50
£1
—
Jan
26
,
.1
common—
%
Feb
Dec
Aug
J.6%
Oct
S3
Nov
—
APr
2% Jan
2%
2%
4%
2%
40
Jan
Feb
Jan
Jan
APr
28
Mar
27
Mar
6%
295
5%
Dec
Nov
Oct
112%
Oct
17%
Dec
11%
Dec
7%
Dec
3%
Apr
9% Nov
4
Dec
45% July
31
July
Edison—
preferred
preferred
1414
1
25
preferred B
preferred
2% Feb
12
APr
91'A Feb
HO'A Apr
6
10%
12
__
25
California
original
115
1
Apr
l'/fl July
21
__
—1.
Co
:
Oil—
Pipe
6%
700
jg%
1
Manufacturing
64%
jq%
3
100
Co
Corp——
Pa
„
934
—*
Coast Corp common-'
33%
50
Dec
ord
Solar
Jan
36
rets
1
ig
100
Gas & Elec 7%
(Howard)
% Jan
3% Jan
—
—
„
—J
Co
Co Ltd—
legis
Sonotone
22
%
—
36%.
dep
City
43
.
50
Dec
10% July
Feb
64
Feb
9% Jan
2% Apr
1,600
300
•
common
Nov
-36%
Jan
120
llOVa 111
Smith
July
Jan
J" n
Amer
Sioux
Dec
Pattern
May
Mat
24
4%
Dec
Oct
9 JA
32
•
,
Oct
6%
Jan
Jan
1% Jan
50% Jan
27% Jan
xll2% Dec
1,140
11%
iri/4
•
Manufacturing
9
890
2%
3% July
19%
May
Sep
Publications—
Singer
16%
10,100
;
95%
10%
4%
•
preferred-
Singer
88
28% Aug
I
—
90 V2
"3%
•
;
—
common
convertible
S3
Canada
ot
Ltd
Simplicity
23%
34%
.
95
10%
130
Dec
Jan
Apr
100
46%,
14
—
800
Nov
Feb
250
,6 Ya
,
114
110
6 %
6%
10
,'-l'
.
17%
1,550
6%
17,500
8%
2,000
7%
23,100
4%
6,700
23%
100
3% '
8,700
72%
725
35%
600
102% 106
109 V2 May
Jan
19
,
8%
7%
4
xl5%
5%
8%
7
3%
102%
Simmons-Boardman
^.rtr' "
5%
114%
Silex. Co
200
17
25
Dec
•'
—
—
100
Dec
40
36'
Dec
7%
17%
AAA
Jun
'
36
15%
Jan
common
15%
*
common..—.
Jan
3%
1,500
*
Power
series
36 V4
29%
—
Penn
11 %
27,200
5
Mining
Water &
Shawinigun
38 %
20,600
r
2
26% July
125
7'A
•
Seton
Jan
:
'
-'
1%
21% July
14%
6%
-
Control
Jan
29
tj
24
14
1
common..
prior stock
Allotment
Jan
40
57
23%
3%
70%
34%
5
32%
50
45
43%
——.*
Jan
3%
71%
34%
1
— ♦
i
•
^Convertible slock
35
18%:
series pfd_*
2%
*
Inc
13
:
45
6%
common..
Nov
23%
1
Corp General
Bros
Segal
100
200
,
•
1%
24%
Jan
Aug
6%
49'
17 600
2-
•
enniraon
3,000
18%
29
2 Va
1% Aug
42% July
15%
Brook Water Service—
preferred
St.ee]
pfd-
15 % July
3% May
.
'
'j
'
"914
•
1%
*
25
25
*
preferred
Manufacturing
Scov'll
27%
■
%:;
:
•-Z *
...»
—25
preferred..
Elec
&
Mills.——
A
Ed'son
series
10
Dec
1
-
Sep
80
;
1%
58%
1
common.
Jan
5
~8%
Oct
Jan
5
1
2
Jan
18%
1,100
|
38%
4—
55
12%
Jan
July
%
.
400
48
6%
*
50
7%
23
——
no
110
Jan
Dec
9.400
1
•
1
common—
$6
i
>•
36%
.....
•
J '
3,100
1%
16%
58%
5
Scull'o
100
14iv
14%
33
1%
Nov
Jan
1
12%
23%
2%
common—,
United
Pberwin-Williams
33
I——.1
Reel.
Dec
1%
10
*
Co
Schiff
Dec
„1
...
Rig
Patehogue
p"nn
shs—_.
pn
rK^rsburg
51
Am
Dec
12
53%
57
—.—5
1
20
pref—
conv
Dec
1%
123
Sick's
33%
600
—
—
•
Paper common
Dome Oil Co._„
Dec
;
■4*-.r
.v'* •
—•
.
Venezuela
158
23
5
common
Regis
14%
20
„
29
23
17,600
16%
40
100
Corp Ltd
Lawrence
Class
89%
113% 113%
\
1%
1
1
1
Aeronautical Co_
,—
Ryan Consolidated Petroleum
Ryerson & Haynes common
Jen
Page-Kersey Tubes common.———*
Pant opt,c
85% July
Apr
Jan
22%
*
Ryan
Jan
•
„
Jan
149
40
22%
—■
Royalite Oil Co Ltd——
Ruhseks Fifth Ave—.
7
500
100
Dec
71%
330
157
1
■
Co
Scranton Spring
1,600
•
— ..
pfd.
Dec
15
15%
1
Electric Steel Co
Rotary
2%
'
&
16
Jan
16%
—10
1
10
*
:
convertible nreferred
% 20
Dec
4% '
25
Power
Jan
8%
25
2,400
77%
75%
1
option warrants-
Field Inc——
Petroleum
Root
5%
22%:
23
preferred
1st
Lighting $5 preferred
P'iCific
11
Dec
"
Jan
4%
•
Pacific
15
157
'
Cable Corp
Rome
Selected
1
.
.
14%
13%
—5
Radiator
4%
22 %
15
1st pfd
67
Nov
93'A
'
15
10%
103%
1
common
Elec
fl?
Oct
9
100
Pendleton Inc
&
Roeser
St
P
Gas
13
975
14%
108% 110%
.100
Rochester Gas & Elec 6%
5%
Pacific
Apr
Nov
% Mar
12,800
14%
14%
'
Pae-fio
6%
;
11%
15
Aviation.
R,ce St'.x Dr>
Goods.:—,
Pichfield Oi! Corp
warrants
Scran ton
100
Securities.-
200
Nov
Jan
Sep
Republic
Aug
12.3CO
26,-
•"
1
Overseas
Jan
aV
Jun
——
1%
5.0C0
13%'
100
Inc
Omar
"6%
2,300
118
-•
common—50o
Pcd Ear If Oil Co:—
1
Rend Roller lilt Co_„
-*
Reliance Electric & Engineering
5
100
26
1-1%
.—__!0(J
——
14
2,100
%'
.
xlll
Manufacturing
Jan
4
...
55
Jan
preferred
$3 convertible
%
.*
Gas common
Filters B
United
1A July
Jan
Jan
Apr
110
Raymond Concrete Pile common
Dec
52% Mar
-
preferred
■1st
jbver
,
10%
76%
Packing Co, common
Selby
Oklahoma
Jan
|l
& Light Securities
87
25
—*
pfd
July
26%
h Mar
O
1st
34
8,200
114%
10
preferred
Power Co
400
Indiana Pub Serv 5 % pfd—100
Service 77
July
R
13 %
%
28
200
;
13% -14%:
13%
—_
Public
Nov
7
108
common
Radio-Kelth-Orpheum
14% July
27%-May
300
:.%•
36 V2
5
Northeast Airlines
1
Miirih
Penn RR Co.......50
OI110
15
.100
-
Quaker Oats
Jan
%
103
575
123
37
—
.•••'
1%
19%"
1
Texas Oil
preferred.:
Jun
Jan
Sep
Oct
Jan
65
.1%
4%7
4%
■
5%
Dec
$
91
100
19%
Power
Dec
Nov
81
2%
3%:
3%
o
45.100
%-■'
*4
90%
10
100
5
Ohio
May
.100
——
Richmond
105%
Dguen Corp common....
—;
o»i n
Brass Co <lass B common..
Jan
:
Jun
15%
7% Mar
Rio Grande Valley Gas Co v
105
A
Feb
13%
iV.
Nov
*
—
2
200
1-Ai
1
10%
Oct
44
117
class
17
of Colorado—
Feb
Mar
3%
-1
PoWei
30%
30%
12%
Jan
Jan
Corp
Dec
5%
•
Get
13%
200
13
13
America
July
Jan
States
9,300
3%
3%
of Nevada—;
88
12.
6 % May :■
200;
63%:
111
112%
*
Norm American Rayon class A„——♦
Class B common—.
*
0% prior preferred
50
North American Utility Securities.—_•
Novadel-Ageue
125%
Jan
.
43
114
Apr
11%
iNorinwn
25
3%
3%
13
—.
Voting common
Railway & Utility Investment A
Jan
85 '
3d
Northern
Jan
Sep
5
Railway
3
105%
:»
600
■pin
—-——.
Cent ml
15%
_5
Dec
112%
preferred...
Northern
7% July
3 3'/a
Dec
4%
190
■'tf
■
Jan
'20
—
95
100.
4
:
15%
2% Aug
150
,
Liglu
4
10
Oct
Jan
a:
■
8%
62%
& Power common..1
Electric
:
Nov
A
Amer
S6-
"
14%
Jun
18
..
North
Nov
Dec
1 %
To% '■
8 Vis
63%
B common.—
5
prelerred—
,—i,
100
Niiea-Bement-Pond
—
*
Nineteen Hundred Corp B
—
1
Noma
16
33 %
w.p ssina. M nfs—,-r—
Nov
24
10O
—
Raytheon
Niagara Share ciass
Cta.-.6
Apr
11G%-
preferred—
—
optional warrants.—
2d
z'/r
6%
Quebec
116
Hudson Power common.
1st preierred.,
i'.<
Dec
1,300
10
Niagara
69
Oct
25% July
—
1
$5,10 pfd.100
pfd——100
Service. 0%
Water
43
Jan
10%
Q
July
10
200
•;
•.
Electric St. Gas
81 ate
Y
Apr
55%
13%
preferred
Pulp & Timber—
Pyle-National Co common
Pyrene Manufacturing
12
Jan
1,200
105% 110
9%
snares..^.-—.—:---
Founders
N
N
125%
120
120
Sound
16%
2i%
preferred —
Shipbuilding Corp—
ib
3% Aug
1,450
1,100
19
Gas—
Common
Puget
Apr
Feb
—
7%
Light
iv
Dec
10
preferred—100
Merchandise...
Y
Y
Jan
1,330
65
18
Dec
7
warrants—
Rosario——
Jun
63
12% July
Jan
-*
*
common—
Oct
9%
13%
A——.
Puget Sound Power & Light—
10
18%
Omnibus
&* Honduras
Y
N
N
.
11%
5%
33
110
1
Process Co common-
4%
Jan
■
1st preferred
Jan
500
3.>%
%%
5%
33%
—-23
Mexico
New
Sep
7
7.50
common
preferred—^
1st
7%
Jan
12
13%
Land——
Arizona
New
Dec
8%
13%:
p»::
1%
•
——
1%
2%
800
Nov
9%
—4'%
——
Inc common
4,900
2,900
44% Mar
17%
10
1,200
Dec
'
13%
-»*
100
r*—
——„
39%
Oct
1,100
23%,:
22%'
23
England Power Associatespreferred---,
——100
6'k
600
:;;
.
.
New
H%
Jan
Jan
11%
4%
■—
i6%:
.
10%;
Machinery—
National Steel Car Ltd
—;
Rubber
Oct
11
'•
5,300
(J
"'
"
2% July
33%
35
200
:
2,000
w*-.
Jan
Jan
Feb
35
•
■
16%%.
*
common———-1
Refining
National
iNawoimi
'
.
11
.—
1%
28
^' ?:■ ■
"43 "•% '
15%
common
14%
4,600
■
"
National
.
2% >
-">■*
*
National City Lines common
national Fuel Ouo.—
::'r
—
2%
.2%
25
—:
Cp—:
Candy
National
*
1
—*
—
Hess common.-
National
July
30%
3%
18%
$5 prior
\
Jan
8
Jan
37%
Prosperity Co class B—
Sep
'Z
11% Aug
33%
Apr
12%
6,900
8%
,
64%
_25c
of
Corp
Oct
:
National
Metals
Preased
Producers
14%
64
8% May
Oct
28%
4
3%
3%
Mining—-—..—-.
19
20
3%
—35
common—
Inc
Jan
N
Nachman
Gold
500
.
30%
24
& Lambert Co.———.
Jan
87./;
350
of Canada-
11 %
•
300
30
—1
Alexander—;—
&
13%
•
U%
87
Feb
38%
Apr
11'A
29%
28%.
.50
Milling Co
300
18%''
13
•
_
"loo
20%
Jan
Nov
NOV
183
Feb
Aug
12
5%
-.10
common—.—
Pneumatic
Aug
Apr
1% Jan
7,000
lioo
Ohio Mfg .Co—-----——
Murray
6%
28%
150
1%
18
& Tel,——_—
Mount'in States Tel
1% ■
-10
—
Power
States
Mountain
:
1%
._oo
36
Jan
.50
I^R
& Lake Erie——,
Pitisburgn Metallurgical
Pittsburgh Plate Glass....—,
Pleasant Valley Wine Co
2%
xlO
May
15%
200
% 37%.: ■:
-37
pfd-;—
partic
Investors
Muoay
165
280
7
19%
19%
Jan
7
8 %
& L E
Bess
Power Corp
.Montreal Light Heat & Power—
31
1,300
11
II—1
...
Pittsburgh
4'% Aug
Feb
July
7
r
Self
13
Feb
1%
■
Dec
Dec
H°/b
9%
Dec
J:
Mar:
12 y8
2,300
9 %
400
11%
Meter—
Postage
Sep
35%
10%
4
Ltd—
Mines
Jun
Mar
158%
Oct
115%
8% Jan
12%
2%
106%
Jan
Gold
Pioneer
Pivney-Howes
Jan
30
•
common--—
3%
68
Nov
34%
Piper Aircraft Corp com
Oct
70
Jan
Pierce; Governor
125
•
Co—
Nov
3%
,
Mar
109%
1
—.—10
Society A
Monroe Loan
Feb
52
.
Deo
Packing
Phillips
50
53%
*
July
9
27
IV2 Mar
2.50
Mojud Hosiery Co Inc
;
Moiyuuenum Corp-————
Monogram Pictures common
3%
Jan
97%
;' 450
:
July
800
11
I—25
30
High
59%
•
17%
Apr
2 %
pro
;
27%
15% Jan
1,500
Co—
Co..-—.
Perfect Circle
Low
151% 151%
—100
Jan
8%
7'
100
v
Mfg
Pepperell
58%
59
I—1
1% May
1,600
!
:
68%:
—*
Mfg—
&
400
3
' 8 %:
8%
26% "27
loo
M.osissippi River Power 6 7c pfd—.UOO
M ssouri Public Service common——*
Montana
Dec
13%
Range since January 1
BUih
2% Mar
Water & Power Co—
Penn
Oct
23%
500
.
——_—*
Canada
Mining Corp of
%
28
2% :
8%
Oil
Midwest
Minnesota
Jan
20
Mid-West
Midwest
3% May
Jan
8%
:
Dec
Shares
..2.50
Traffic Co—
Penn
for Week
of Prices
Low
*
Products—,
$2 uon-eum dividend shares————•
Mm vale
15%
9%
1,100
13%
Jan
8
,v
\v 4,600
11%.
Last
Sale Price
P«r
Oct
15%
Sales
Week's
Range
Friday
Exchange
Curh
High
Jan
5%
500
15%:
3
■;
LOW
V
13%
14%"
10%
Middle; West Corp common
—5
Midland Oil Corp $2 conv preferred.-*
Miaiana
"
13
York
New
Range since January 1
Shares
High I
Low
1
MIcromatic Hone Corp
for Week
of Prices
Par
.
Sales
Range
l.a«t
Sale Price
WEEK ENDING-DECEMBER 23
FOR
STOCKS
Week's
Friday
STOCKS
—25
series C
Power
^25
class
A
25
100
32%
__
~
is/.
__
15.4
20
400
29% Apr
29% Jan
44
Sep
32%
Dec
32%
Dec
4% Nov
2
July
Jan
x79
Dec
6,7
•
THE COMMERCIAL & FINANCIAL CHRONICLE
2780
Monday, December 25, 1944
NEW YORK CURB EXCHANGE
WEEK ENDING DECEMBER
RANGE FOR
Last
Curb Exchange
Range
of Prices
Sale Price
Southern
Co..
Pnospnate
cioucneru
Line
Southland Royalty Co
Pipe
Southern
1,800
5%
200
Common class
Preierred
$
*
»
Standard Silver Lead
(The) Corp voting
Canada
Steel Co of
Sterchi Bros Stores
5%
"
-
Inc
(J B)
_
12
1
Co_
12%
12
%
1/4
V
'■
114
*
Williams
(R
Williams
"A": part——
Class
"B"
*
—
common
700
IB
3%
2,200
59
•
17%
10%
n,%
15%
ii%
common
Si
Power
11%
u%.
•
Co
4.
3%
Realty
'
3 Vs
common B
Wright
Si
11%
'h
Light 7%
Cement
1%
Jan
%
4
Feb
100
York
17
May
Nov
26%
;
12%
Jan
18%
2%s
44%
Dec
48%
Aug
15%
Apr
11
,1
26%
27%/,
21%
.21% Z
Dec
6%
Writing
12
Dec
2,900
23%
Feb
27%
3,900
.
12%
Jan
61%
Paper
Apr
7%
12%
Feb
27
•
100
—100
1
1
10
Jan
—•
lZ;
75
1
Jan
100
57
Nov
61%
200
•■/'
9%
62
Bell
•
:
76% / '
73%
Z
Aircraft
Chemicals
35%
"1%
4% /
36%
34%
—»
1
Vi
■
Jun
Feb
13%
:
.
1% July
Feb
80
Dec
112%
115
Dec
18 %
37%
Jan
12%
13
500
A
28%
27%
29
106
23
29%
28
29%
101
23
29%
1968
A-O
28%
27%
28%
121
22%
5%s
1977
28%
28 %
1
22%
29
31
85%
101
6 %
6
6%
2%
2%
4,900
.4%
4%
4%
4
i
Stores.
-loo
...
—20
•
warrants
Jan
Cities
9% July
13% July
•
dep
10%
"2"%
Foil
Sharing—.—
U
S
U
S
••
U
Graphite
and
$5
U; S
10%
9%
10
Pictures
100%
Dec
19%
Dec
6,200
3/64 Dec
rA»
Feb
Feb
19%
Nov
4,200
i 8% Nov
10%
Nov
iV
3,000
%
3,300
68%
Feb
A ^an
A *^an
•ft Jun
Jun
69
Dec
Apr
40
Dec
Feb
93
Apr
4
Feb
263
; 5%
"
2 %
.
! :2%
45%
■/■: 9%
77%
Jun
50%
.*
1
...
Oil
42
19,650
1%
Oct
2%
12
Dec
6%s
Inc
111
10%
4% Mar
Sep
5%
Jan
8%
Dec
9
Feb
19%
Dec
%
Apr
1%
Jun
2,000
84
750
78%
Jan
104%
Dec
4%
5
3,300
2%
Jan
5
Nov
5
2%
2%
%
4%
600
1%
15%
2% Aug
Jan
7%
700
%
3,900
2%
IS Dec
Apr
4%
4%
5%
Jan
15%
100
12
300
7
Jan
1%
5%
Feb
Jan
Powbr
& Light
Rfdio
Products.
5%
1,000
21%
20%
.—lis
22
20%
21%
5,900
25
-_i
Sugar.............
Utah
5%
,
...
Utah-Idaho
16
Sep
Nov
25%
100
3%
"3%
3%
200
20
5%
Jan
26
Mar
28% July
20% Jan
3%
Dec
2,600
2%
64%
600
'51%
Jan
7%
7%
7%
1,100
4
Jart
65%. Dec
8% July
10c
1%
1%
2
1,100
1%
Feb
2 % July
*
.
Utility Equities common—
i .$5.50 priority stock
El
Power
$'4
convert!
Vogt
ole
63
63
—1
74 %
___1
,
preferred...........5
Petroleum
l
Manufacturing
Jan
87
Jan
3%
54%
3%
53
55
1,300
275
1%
3% July
Feb
9%
11%
17,000
Jan
55
Dec
814
Feb
11%
Apr
8
11%
•
.'
Co.....
Wayne
ext.I*
10
10
jqq
105
io'5
Knitting
'.
•
;
Mi lis
Air Lines
For footnotes
23%
Feb
15% July
27
100
30
■
page
'
7%
Feb
94% Mar
150
14%
Jan
3%
.
.
:3%
200
1 %
Feb
~4 %
4%
s
1,600
3%
108
16
May
23%
■
■10%
2781.
3
15
i 23
preferred™"
Inc..
see
3%
1,600
"lis
Wehtworth Manufacturing
West Texas Utility $3
West Va Coal & Coke
Western
•
5%
'
.
108
102% 103
"9
Jf-N
103% 103%-
12
10.3%
J-J
>
1104
.54
54
101%
56%
103%
99%
103%
105%
106%-
107
-
137
36%
56%
37
57%
M-S
A-
55 %
57%
227
M-S
J-D
-
66%
65%
67%
165
103 Vi 103%
1
1955
series
ret
1st
M-S
N—
....1971
106
97%
105%
3
98%
105
J."!
105
2%s ser Q
.1970 /.
(Bait City)—
Gen mtge 4Vis
...1954
103% 102%
~2
120% 121%
3
111
105%
1108% 110
J-J
108
6
108% 108%
J-D
ref mtge
1st
98%
13
105
v
J-D
P—.......1969
ser
109
(Bait)—
...
3s
A-O
;
104%
105%
104 Ve
A-O
,.1969
99%
105
104% 105%
F-A
1958
—,
104%
1103% 106
104%
—1950
Lt & Pr
mtge
A-O
1968
Jan
79
62
101% 104%
1104% 107
108%
102%
104
119
125
Consolidated Gas
.1958
,
Eastern Gas & Fuel 4s ser A—....1956
A-O
■
121%
;
.
104%
55
99
105%
102% 102%
45
93%
103%'
105% 106%
23
101%
106%,
104
104
F-A
,
Continental Gas Si El 5s...
&
Light 5s
& RR bs
..^.1950
Power
Federal Water Service 5%s
3%s
Power
Gatineau
Green
Power
Mountain
&
1st
ref
&
1963
J-D
1108 % 110
103
Vi
102
Vi 102%
West
Jan 1949
& ret
P
5s
At
L
3%s~—
1970
Superpower
..
Jan
Jan
•
6
25
68—
1943
1981
.2022
33
7
30%
30%
35
35%
31
31
2
33%
37%
5
'
98%
72%
J-J
99
71%
J-J
74%
$36
J-J
109
25
42
7
21%
36
3
25
42
.34%
25
"42
106% 106%
M-S V
$103
37%
46
88%
99
62
60
77%
28%
40
3S
10
106%
$111
106% 106%
106%
5
10
$99
..
112%
107
109%
105
108%"
9 9%, 104%
1101% 102%
,
122 Vi
109
112%
107% 107%
J-J
107%
120
$119% 121
J-J
109
106%
108%
J-D
M-S
99%
100
103%
.
.
—
106%
22%
1965
——1963
Milwaukee Gas Light 4Vis_.
,.^..1967
Minnesota P & L 4Vis_
—,.*..1978
1st & ref 5s_—
—.-—1955
5s.i.
103 Vi
■
F-A
J-J
4Vis.
102%
93
$107% 108%
A-O
A
93%
102% 102%
2
J-J
1963
Petrol 6Vis
Midland Valley RR—•
Extended at 4% to
Power
106%
14
30%
F-A
stamped...—....1948
...-1945
Gs
103%
102%
33
1966
Superior Dist Pow 3Vis
1
102
»
-
A-O
M-S
J-D ■
J-D
63%
64
64
105% 106%
103% 104
31
61%
104%
108
100%
101%
108
106Vi
111
115
120
110%
72%
113
F-A
J-D
M-S
$100
J-J
M-S
$110% 110%
86'/a
87%
56
108
106
101%
1106 Va 107
-
108%
102%
3
69%
105%
13
115% 115%
Dec
11% July
106 %
104%
104% 104%
—
6s...:—...—2022
Kansas Power & Light 3Vis.——1969
Kentucky Utilities 4s
—..—1970
series
102
75
102
J-D
.J-
Electric Power 3%s_——1966
Corp
105
.
C—
Kansas Gas & Electric
Lake
102
64%
104%
M-S
J-J
F-A :
M-N
1957
1950
——1963
5s
Jersey Cent Pow & Lt 3%s
Kansas
105
1104 T4 105
A-O
65
105
A-O
103
65
J-J
1958
108%
108 >/a
198
J-D
.1953
6s
Jan 1949
series
Altallan
105
3%
104%
J-J
——_—1955
A6%s (Dec 1 1941 coup)
1955
/ A7s series E
—..——.1957
A7s (Aug 1941 coupon)
1957
A7s series F
1952
A7s (July 1941 coupon)
1952
Interstate Power 5s
—.—.1957
Debenture
6s_—
1952
6 %s
104%
103
SIntemational Power Sec—
a
104
101%
1103% 104%
101
5%s series B
Indianapolis
104
101
103% 104%
Pow
Service
lien
97%
1
Co—
Power
Indiana
36
63
1104% 105%
B
series
6s
1—
F-A
Hygrade Food 6s ser A
Illinois
.
103% 103%
1950
—1950
Grocery Store Prod 6s—
Guantanamo
103% 104
.104/
;
124Vi
107
5s stpd
Grand Trunk West 4s
Nor
123
103
—
104% 104%
7-D
J-D
A.-.—1948
Georgia Power & Light 5s
—1978 .:
AGeneral Rayon Co 6s ser
Great
1124%
A-O
J-J
.....1969
A
106.
M-N
..1954
Pub Serv 5s..^_i.....—1953
General
.102%
M-3
F-A
M-S
2030
Elmira Water Lt
Electric
6s
5
claaa A.
Glass B
179
105 Vi
1109% 112%
.
j-D
;
5s
El
Gas
Nebraska
_•
Wagner Bzkins voting trust ctfs
"'/>> preierred
Waitt & Bond
120%
150
179
J-D
1927
1952 /
5s
Nassau & Suffolk Ltg
Aircraft
119
1
.1948
5s—
Dec
W
Waco
3
.1964 /
B
deb
McCord
Venezuelan
6
179
1953
5s
3%s
Gas
Si
Middle States
....
115%
112% 113%
119% 119%
112%
A-O
.
__1954
Nov
22% Aug
Feb
18%
13% July
1.1
$7 preferred
common
112%
-
1970
2%s
5s_.
1st
81%
81%
lio
common..
Utah
Valspar Corp
-
.....
.
109
Q-P
1962
Service
3%s
Dec
77% July
45% Dec
Jun
1,000
12 %• 12%
*
Co..
10
9%
I
..10
;
Feb
Jan
19%
•;;/
6%
269% Nov
6% Mar
69
3,400
50o
2
150
1,025
8%
*
.
_______
%
1,900
15
19
1
;/■<; 100
45%
8%
•
Insurance
Produces
Jan
90
5
i
Universal
2% Mar
Feb
Sep
66%
iV
68
1
common
Universal
1%
:
13,800
11
warrants
Consolidated
Universal
Oct
25% Aug
17
%
77%
Reclaiming
B—_
11%
/
80%
ft
ft
Kr
Universal Cooler class A.*
.Class
85,400
Vtf
.
10%
Securities
Wallpaper, Inc....
Universal
Dec
Dec
Jan
3/64:
76%
common....,
common..
Rubber
United
8
71
Jun
600
...1
1st preferred with
United Stores
Feb
Feb
7%
2,700
25o
common.__.25
B„
International
Radiator
S
.2%
1%
__10
class
Co
7%
May
5%
66
14%
18%. 19%
5%
Preferred
S
%
200
95% 100%
100
,
Machinery
106
108 %
'
regis
Canal
29 %
Jf-N
J-D
1998
Debenture
Nov
Ltd—
Co
99% 100%
1107
;M-S
..1957
6s
Northern
Conv
3 Vs July
2,400
—•
United Specialties common—
U
24
...__._25
Shoe
7%
Jan
33%
preferred
rets ord
Profit
10%
—
preferred.
United
10
19%
™;
United
Jan
2%
4% Aug
20
98
•
.
Products.:
Molasses
1,200
Z
16
10
u».$G
United NJ RR &
8
71
23%
10%
•
participating
7%
69%
7%
....
common..
preferred
M-S
•
i860
Steel
series
6s
10% July
2%
2,700
3/64
....
United Light & Power common A
Common class B_.
Milk
F-A
••
C
Rys 5s ctfs
Cincinnati St Ry 5%s A
Dec
Jan
10%
2,200
...•
common.
Corp
*
of Canada—
series B
5 %s
Consol
2%
•
29
28%
28%
5 A Chicago
1"% Mar
|* Mar
500
;
95
23
F-A'
SACentral States Electric 5s
4% July
9% Mar
'ioo
United Elastic Corp..
Gas
3
1% Aug
May
5,100
"7%
-10
Co
Prior preferred
worp
92%
128
79%
114
28 %
109%
J-J
Edison
Central
Jan
H Jan
3
2,900
~7%
'•
—
102
99
124
1949
1964
series
Canada
July
110
2,100
,
106 %
Nov
Jan
July
.
■.
110
107%
109%
91%
f.
M~9
108%
106%
143.
123% 125%
J«J
1948
106
101%
7
1108
A-0
*
•
1955
M 5s
5s
.
Cigar-Whelan
:i' .7
105% 105%
1101% 102
105%
-
5%s A—
Bickford's
4%
200
1 %
3%
1
Products
preferred
Co—
City Eiec 3 %S—,
Bethlehem
58
300
10
Xll2% xll2%
-
4
High
5s
deb
Dec
106
,
10C
Canada—.
United
Low
102% .105
19507
Telephone
1st
Oct
Feb
3%
""
1
—
—
Manufacturing
of
January 1
28%
T & T deb
Assoc
11 Vs July
1 %
1
Corp.—.
United
Amer
Dec
4% July
Range Since
•
No.
"
J-J
2024
4%s—
Atlantic
Oct
6%
deb
Boston
Union Stk Yds of Omaha
-
/
Dec
19%
3,200
4
Bonds
Sold
107
J-D
1953
Elec
&
r107
J-J
,.1961
4%s
A Debenture
Oct
100
Hioh
1109% 111
M-S
...1970
4%s
Gas
J-J
<
...2016
6s
deb
AConv
Nov
7
300
8%
4
119%
Mar
4,100
10%
61%.
Jan
6
400
26
9%
7%
.
6s
AConv deb 5s.
24% July
.
12%
25%
-
deb
Elec
Associated
Sep
114%
t
Friday's
103% 104
J-J
1960
1970
Appalachian Elec Pow 3%s
Appalachian Pow deb 6s..
May
Jan
5
.
"
1950 /
AConv
500
57/a
i-f 6%
or
Sale Price Bid. & Asked
Period
;
& Lt
Pow
"•
6Vi
Last '
Interest
:,' '
debs
AConv
5%
'
f deos
s
Amer
Dec
9%
f
s
Amer
Dec
25
•
—
Realization
United
Jan
Week's Range
Friday
Exchange
debs
s
3%s
Oct
f
3%s
14% July
■
13
8%
Co—
tJdylite Corp—:.
$3
11%
Jan
2%
American Gas & Electric Co.—
u
1st
3
Law
Dec
300
44%,;
9%
Curb
Debenture
United
7%
<
.
3% Aug
11% Aug
27%
warrants
Inc
United
9.300
Bs
Jun
14% May
Jan
7
700
Oct
Jan
Apr
6
■
;
Tung-Sol Lamp Works
80c convertible preferred
United
11%
3%
10%
Jun
18%
Feb
700
18%
12%
.
Corp
Tvi-Continental
$5
__10
.....I
6%
111
Apr
3% Jan
BONDS
New
Nov
6
1% Jan
8%
200
18%
4
of Nevada
Mining
Trans western Oil
United
12%
>
Nov
Dec
-12%
Jan
12%::'
21 %
*
preferred
Gas
110
pfd__100
Hargreaves Ltd
15% Aug
9%
Exports
Shipyards Corp
Edison 6% preferred
Union
4%
•
7% Nov
Jan
Feb
Nov
Jan
Security Trust Co Ltd—
Unexcelled
14% July
3
Dec
53
Jan
Jan
25
44%
•
Toledo
Ulen
6%
I
Dec
9
/.
575
depicts ord regis
TYhnz
Jan
8%
10
•
Dec
Jan
3%
4,200
18 Vs
18%
25%
Stocks
Allied
Lux
700
Dec
Dec
17%
5
500
—
„1
dep recs def reg
1%
500
6%
Dec
20
Nov
24%
I
Amer
Trans
13%
6%
12%
Feb
July
3%
12%.
5
& Construction-
Product
Xonopah
13%
Jan
8 s
:
x4
1%
•
.
■*--
-1
'
common
Amer
Todd
20
A -My
60%
12
1,000
/
5%
17%.
2
Inc..
Roofing
'
Aug
8%
3.400
18
•
Portland
/=
ll~2
5%
-4."
—
100
/.
Shovtl
Tobacco
pfd
Light 1%
Textron Inc
Tobacco
20%
;
Wolverine
Feb
43%
100
•
.
& Land Co
&
Jan
Heating
Woodley Petroleum
Wool worth (P W) Ltd —
American
deposit receipts,
Apr
13 V*
1,700
•
1
•
-
Tampa Electric Co common
Technicolor Inc
Tobacco
16
Co..
Inc..
Dec
]jj
100
T
Tishman
&
Nov
1%
II
Taggart Corp common
Thew
C)
Products
J Associated
Tilo
Dec
28% May
1
Power
53% Mar
50
1T%.
—
60
13 Ve
Jan
y. May
.
3,000
3%
3%
7%
*
....
Finch Oil Corp
Texas
Nov
28
Jan
10
...
Wisconsin
Dec
Portland Cement—
S3.30
Texon Oil
18% Mar
10
Oil-O-Matic
Willson
% Aug
114%
84
50
23
Weyenberg Shoe Mfg
July
Jan
54
20
-28
20
Inc
Wichita River Oil Corp
Mar
ft Apr
6,100
•
2%
~3%
59
Co common
Drue
Superior
Swan
Jan
40Q
.—.
Rav
%
3,800
1
•
nr.utfies
(Hugoi Corp
fl
Stroock (S) & Co common——.——*
Sullivan Machinery
•
Run
21%
19 %
Feb
Jan
1,100
ft
4%
140
28
•
140
Jan
HQ
Maryland Ry 7% 1st pfd__100
Nov
Oct
28
Jan
17%
2,100
ft'
ft
ft
1
1
Sterling Brewers Inc
Stetson
18%
111% 114%
111%
Products———1
Sterling Aluminum
Sterling
Westmoreland
> \1% Apr
51.8% Oct
Jan/'
2
16
50
20
preferred——*.
2d preferred
1st
b'/e
.
Western Tablet & Stationery com.
Westmoreland Coal
>
Jan
108%
•
1
Si Co common
(A)
Stein
,
Jan
18%
800
4
18%
—1
trust ctfs—1
—*
B
Tube class
Standard
Starrett
3 GO
High
Low
High-
Low
—
Products Co
Standard
3%
1
Power &
Standard
3%
ft Feb
6
4,700
Dec
Dec
;
Range since January 1
Shares
■'
Dec
6
7
Jan
Sales
for Week
.Range
of Prices
Par
Winnipeg Elec
20
(Ohio)—5% pfd
Light__
:
Standard Oil
26%
Last
Western
July
56
Jan
2%
Week's
Friday
Exchange
Sale Price
9% Aug
13
3% May
1,200
18
26%
r*?
-100
(Kyi
Oil
%
16
26%
-1
convertible preferred
$l.o0
%'
■f
18
10
preferred—
Standard Dredging Corp common
Standard
5%.
•/
9% Mar
40
(A G) & Bros 1st pfd
*
Snot; Corp
—--—
Stahi-Meyer
Inc
Standard Brewing Co
Standard Cap & Seal common
-l
Spalding
Curb
Oct
12 y8
Jan
2,300
~5%- "5%
8
Jun
•1,600.
12%
11%
12%
STOCKS
York
High
131
July
5%
8%
Dfviioci
Convertible
Low
9%- 10%
10
10
*
New
121
England Telephone—100
New
v
Range since January 1
HidA
Low
Par
S
Sales
for Week
Shares
Week's
Friday
STOCKS
York
New
23
*
Dec
Dec
4%
Dec
25 Va
Oct
5% July
Apr
112%
Gas 53____—1948
El Assn 5s
^-^1947
1948
Conv
deb
5s._
1950
New
England Power 3%s..
1961
New England Power Assn 5s
1948
New
5s
10%
4,500
5%
Jan
10%
Dec
15%
17%
5,100
7%
Apr
17%
Dec'
1954
Debenture 5 Vis
Oat
10%
Amsterdam
New Eng Gas &
N
N
Y
Y
State
Elec & Gas 3%S__
& Westchester Ltg
4s
1964
—2004
J-D
M-N
M-N
A-O
...
M-N
J-J
87%
'
88%
87%
■
86
87%
14
72%
88%
87%
86
87%
41
72%
88%
39
\ 95%
28
97%
108%
111
10
101%
107%
107,
$107% 108%
102
102
.104
,
102%
102% 104
$108% 109%
101% 102
110
103
104
THE COMMERCIAL &
Number 4345
Volume 160
EXCHANGE
NEW YORK CURB
New
Last
Interest
Exchange
Curb
York
Period
Bonds
Friday's
or
Low
No.
High
J-J
1948
redeemed)
5%s series A (8 %
'
„
91
91
95 Vi
82
-
Power
Ohio
•
1st
.1st lien
Public
Service
Pacific
&
Power
Park Lexington
Penn Central
Light
5s
1st
109
107
107
105%
F-A
105 %
F-A
102
M-N
106% 107
4
104 7/a
107 Vi
M-N
106% 107
8
105 %
109%
106
108%
-—1979
105% 106%
F-A
113'
112% 113
2
2022
Af-N
116
115% 116
16
J-D
1108%
40
•
1954
M-S
55
1951
J-D
$106
1964
J-D
2030
A-O
1960
J-D
$108 Va 108%
—
109%
106 Vi
10
109'A 109%
AT-3
108
117
106
A
series
6s
income
debs
Wash
Ry & Elec
Wash
Water Power 3%s
4s
Penn Electric
West
1—
5s
Traction
West ,Penn
6s
conv
lAYork
100%
5
101 Vi 101%
M-S
101Vi 102
5s
Sinking fund deb 4s
of
Service
Public
6%
„
J-D
107% 107%
5
J-D
102
102'A
series
4V2S
s.
ASchulte
Estate
Real
Wyoming Coal
Sheridan
Carolina
South
Southern
California
Southern
Counties
3 Vis
Gas
Southwestern
L
&
P
6s
68
••
88%
3
73%
88 Vi
96 >.
5
86 Vi
96"
18
103 %
105%
3
103%
105%
J-J
105
105%
5
104%
1
104
106 Vi
It-S
105 7/a 106%
54
106%
•'■'*
104
106%
107
5'
V-107% 107%
A-O
109
F-A
F-A
New
M-S
104%
Extended
•-
ALlma
•
•
•
.
'
<
*-•
•
Last
or
100%
100%
* '
Bonds
Friday's
Sale Price Bid fc Asked
''
'•
.
-
Low
-
1-0
Range Since
1
..January
Sold
;
High
NO,
■
Low
'
■
High
51%
$61
■'
61%
16 Va
—
62
54
$61
j-j
30%
...
j-d
$27
28%
M-N
$81
85
f-a
$77
85
—
M-N
A7s
1947
1947
1931
1972
72
86%
99%
A-O
97%
96%
97%
46
.87
Af-N
97%
96%
97%
j-d
96%
96%
97
66
1957
F-A
96%
96%
97
66
—
18%
$17%
:
■
17
19
22
:.■■■'
Mortgage Bank of Denmark 5s
•
86%
99%
AParana
,86%
98%
A Rio
86%
98%
ARussian
102
39%
3
34%
46
34%
5
18
34%
33%
4l%
36
41%
16
17V*
58
79%
33
4i%
34
45%
$41
$41
——
,'
.
$16
.
22
•
.
,
de
;l
.1950
A-O
.1946
6s._
F-A
j-j
96%
—
.
46
86%
64%
30
29%
19
45
20
4
t
5
J-J
M-N
J-J
105%
13
105%
15
F-A
1968
20 Vi
;:;:v;3
105
105
J-J
1979
30
"105
105
1956
2022
1960
& Light 5s_
A
5s—
3 Vis
$118
3%
31
•
,
8%
3%
34
5%
8%
pending court hearing.
See Long Island
in our "Investment News" column.
'.u.'
a Deferred delivery sale,
a Ex-interest,
e Odd-lot sale.
11 Under-the-rule sals,
Cash sale,
x Ex-dividend.
'■r-il
$Friday's bid and asked prices; no sales being transacted during current week.
■H
1
ABonds being traded flat.
4
4
V
'
§Reported in receivership.
•No
^ 41%
104%,,106%
par vaiue.
,
105
108%
117%
119
12
101%
105%
tive; "conv," convertible-;
3
105%
111
"wl," when issued; "ww," with warrants; "x w," without warrants.
119
103% 104%
105% 105%
.
5%
5%
Lighting item
r
25%
26
A-O
5%
——
UTrading suspended in new common and preferred,
-
32
deposit..
—1946
40
$38%
~'
'
-
"
5%
•
'
66
30
30
i.l '
$39%
j-j
1921
—
98%
.64%
96%
/
97%
20
.3957
j-d
;
1919
6%s
Government
—.
j-j
1959
6'As
Janeiro
•V'
$41%
M-8
1958
7s
(State)
:
39%
A-O
j-d
\
21'^
18%
v
34%
4-
j-d
85
99%
F-A
18%
j-d
(issue of Oct. 1927)
85
;
60
—
'
M-S
1951
62
—
j-j
1958
stamped
7s
AMortgage Bank of Chile 6s.
1951
Power
v
V
1952
Mortgage Bank of Bogota—
A7s (issue of May 1927)
100
Dec 1 1966
Edison
'
1
v
■K
7s
AMaranho
'•%
V>>
97%
Indust:
stamped—
Water
'
.
6%s stamped_1958
(Peru)
City
104%
'
Tide
100 Vi
06%
85
18
99%
1953
.A
5s-
Danzig Port & Waterways— I
A External 6%s stamped
83%
96%
S—
Toledo
96%
118%
99%
$99% 100
1955
101%
(Hugo)
series
6s
$117
Interest
5Vis
27
99% 100
M-N
Danish
50
104%
104
97
6s^
Powei
Texas
1
:
AMedellin
(Hugo) Corp—
2nd
•
7s
20-year
92%
'
AStarrett Corp inc 5s—
7-4s
•
•
(Col)—
April 1946
A 20-year 7s__'_
Jan 1947
Bogota (see Mortgage Bank of)
ACauca Valley 7s
1948
A
A5%s
Stinnes
109%
119
Agricultural Mortgage Bank
108%
May 1948
May 1948
A7-4s 3d stamped
ACertificates of
105 %
114%
108%
117% 119
99%
Period
72%
$106% 107%
A-O
gold debentures
Stinnes
j
Curb Exchange
York
106%
17.
92%
90%
92
105 Vi
103%
1103% 105 Vi
J- J
_
(stamped)
6s stamped
6s
109
110%
10 5 Vti
104% 104%
1989
Standard Power & Light
F-A
128
-T26%
J-J
2022
Conv
Debenture
57%
105
108%
107
$108
-
J-D
•-113
103% 104%
A-O
Gas & Electric—
Debenture
—
105
103% 103%
103%
A-O
1970
Spalding (A G) deb 5s
Standard
8<
96 .-<■
-
1951
8s
24%
130
57%
55
Foreign Governments & Municipalities
98 Vi 105 Vi
6'
-
86%
88%
1971
Southwestern Gas & Elec 3 Vis
v4'
154
(Calif)—
Gas
Rys 4s
Indiana
137%
1965
1970
3s
1st mtge 3s
Southern
41
V
r
••
.
106%.
1957
5s__
Edison
116
109
103 Vi
,
1947
6s
Power
California
Southern
1126
A-O
1970
D
series
,
5s stpa
.ft
.
106%
106 Vi
106
M-3
J-D
1951
1967
Water & Pwr 4ViS
4Vis
1st
104% 105
'<106
J-D
1951
6s
Scullln Steel inc mtge 3s—
Shawinigan
>-
27
150% 154
105
A-O
1952
Joaquin Lt & Pwr 6s 3—
San
111%
BONDS
1952
1979
A
Harbor Water
Safe
152 Vi
Electric—
Queens Borough Gas &
115%
102%
92%
14
K-
M-N
106%
113
104
Jersey—
New
certificates
perpetual
5Vis
1964
1949
—
■
117%
J-D
1947
Co
1959
1937
debentures
f
s
Rys
■•'•
mtge 3Vis—
1st
>
•
102%
>19
Western Newspaper Union—
107%
106Vi 107
'
_.
Debenture
A 5s
106% 108%
J- J
1959
■
8
104% 108
■
Waldorf-Astoria Hotel—
61
4
F-A
1950
Public Service Co of Colorado-*-
109%
$107%..108%
,
AStamped 5s
4'As B
(Can)
Corp
1
U
series
Utah Power
Co—
extended
stamped
5s
Power
61
J- J
6s__—1962'
Transit
& Coke
105%
F-A
61
6s
104%
103%
10
104 Vi 104%
109%
102
.
J.J
-
Gas
102
1977
—
Portland
102 V
1955
Pennsylvania Water & Power 3V4S-1964
3 Vis
*
1970
Philadelphia Elec Power 5 Vis
1972
Philadelphia Rapid
105%
105% 106. Vi
1964
5s
Pwr 4%s
106%
107%
109
A-O
1948
1st mtge 3s
Lt &
104 V,
111%
102
.1
A-O
High
110
United Light Si
A-O
.
HOVi 110 Vi
A-O
United Lt & Rys
110
107 Vi
1963
4s
Low
No.
1959
5%s
cons
104%
1971
i.
mtee i3s—-
1st
Ohio
Oklahoma Power & Water 5s
January 1
Sold
High
(Delaware) 5%s_1952
Railways (Maine)— .-.-i
A
.
1—-—
1952
& Light Co—
&
101%
M-N
1968
3 Vie—.
ffitge
J-D
4s
,——1949
United Light & Power Co—- •
103 Vi
1945
Ogden Gas 1st 6s
J
N
Range Since
Bonds
Bid & Asked
High
"
U01
Sale Price
Low
United-Electric
North Continental Utility Corp—
Last
Period
1
January
Week's Range
or Friday's
Interest
Exchange
Curb
York
New
Range Since
Sold
Sale Price Bid & Asked
Low
Friday
BONDS
Week's Range
Friday
BONDS
/'
FOR WEEK ENDING DECEMBER 22
RANGE
2781
FINANCIAL CHRONICLE
;>>■;
"cons," consolidated; "cum," cumula¬
"M," mortgage; "n-v," non-voting stock; "vtc," voting trust certificates
Abbreviations used above—"cod," certificates of deposit;
"
::XY
■
■'
11
Y'Y'V. Y
■
YY
■
v'v:
f ■ >'V-' Y
' Y.YY Y. Y
A;;.
V
'' 0 U
\
.
I
■
u:tj
XI If
OTHER STOCK EXCHANGES
RANGE FOR
WEEK ENDING DECEMBER
22
.tu,.
'
Friday
Friday
Last
STOCKS
Sale Price
■
Arundel Corporation
Bait Transit Co
Preferred
common
t
v
•
v t c
•
-100
c
Deposit
,.—20
10
__1
Co.
Fidelity & Guar Fire Corp
Fidelity
&
Guilford
Realty
Mt
Co
common.
of Texas 6%
Houston Oil
Water
Penna
&
Power
.—20
21
1.063
67
110
160
10
50
66%
160
46 %
4cy2
4.50
27%
~~
46 %
•
Apr
3.80
1.00 May
22%
Dec
Apr
69
Mar
136
July
160
Dec
43
Jan
47
4.50
1.50 Mar
4%
2.00 May
Dec
Dec
700
59%
50
55
Sep
39%
40
261
35
Jun
41
JaD
38
38
38
12
33%
Jan
39
Nov
66%
Ry common
$2
SS
Inc
Lines
General
Jun
92
77%
30
54
Jan
84
17
17'A
75
13
Jan
21% Mar
14
260
*
common
*
*
*
1
:
'
13%
110
41
16%
17%
31%
16%
Royale Copper
Dec
17%
Jun
32%
Jar?
8%
146
Jan
Jan
16%
Dec
44%
Oct
Feb
36%
Dec
40 Va
Dec
Dec
43%
36%
671
35%
Jan
130
31.18
38%
40%
1,153
13%
14%
347
65c
65c
42%
14%
7%
1%
Jan
14%
100
50c
Jun
80c
355
1%
1
Jan
7%
V
Bonds—
5s
series
series
1975
A
5s
€7%
1975
Transit Co 4s__>
B
,
?: 77
1975
—
68'A
78
100% 100%
51
6.700
59%
99
Sep
Dec
78
Jail
1.000
Kennecott
68%
Jan
$24,500
Dec
102% Aug
Copper
Loew's
5 %
Last
Sale Price
STOCKS—
Par
♦
American
Sugar Refining—
American
Tel
American
100
Bird
Copper
Inc_
Son
&
'
Elevated
Boston
Boston
Boston
&
Traveler
Herald
7 %
Maine
5%
class B
7 %
10%
Personal
&
Calumet
Copper
Range
Eastern Gas
6%
Dec
127
119
24%
70%
26
20
113
127
Jan
J
Pacific
Jan
21,174
32%
Jan
37%
Dec
326
65'A
Sep
74 Va
Mar
825
19
Jan
26%
Dec
Jan
65%
Reece
5%
Stone
790
4
Jan
645
5
Jan
9
125
5%
Feb
10
386
-9%
10
12
*9
10
9%
14%
14%
15%
13%
13%
38%
37
13%
38%
250
100
7
7%
401
-
10
—*
Co
7
14%
8%
16
8%'
75
86
50
,
„
Union
100
see
page 2787.
49
50%
Assn
——
Twist
Dec
United
Dec
United
Fruit
Dec
United
Shoe
6%
Drug
—10
*
——*
—
—
Co
9
;—
—
*
—
15%
27c
30c
40%
41%
112
32c
111%
112
32c
—
Inc
—
Co——
Mach common...
Jan
15%
Dec
U
12
Apr
28% Jan
14%
Sep
Vermont & Mass
42%
—5
5
*
25
25
preferred
Dec
5
6
May
.■
-
7%
Jan
Feb
13c
Feb
103%
Apr
30c
Jan
46c
Mar
98
Jan
111%
Dec
IOC
Jan
45c
Feb
314
25%
Jan
42 %
Dec
3,076
25%
Jan
33 Va
Dec
325
86c
Feb
2%
Jun
245
1
Jan
1% Nov
117
.v:
41%
42
32%
33%
1%
Dec
24%
15
16c
33%
Dec
17% July
33c
May
3,229
42
12
5c
280
A-
111% 111%
13c
66% Nov
260
37c
1%
.
1%
15%
1%
14%
1%
15%
802
11%
11%
12%
1.888
37%
37%
38
31
30%
31
226
Y
-41% Aug
114% Nov
S Rubber—
-10
Ry Co—————100
—
Ine
—
Westinghouse Elec & Mfg—.—
Waldorf
Dec
12%
7%
32
Jan
Apr-
May
System
*
-50
15%
Dec
12%
Dec
38% Nov
;•"*
16%
16'A
89%
88%
76%
44%
.
51%
122
13%
113
60
23 Va
Apr
31
160
12 Va
Feb
17% July
91% Dec
Dec
16%
91%
435
75%
Jan
77%
44%
100
69%
Jan
78
900
42
Jan
45 Va
Dec
52%
100
40%
Feb
53%
Jun
Feb
J an
7
11%
260
1,600
112%
lVa Mar
'
•'
Drill
11
5
125
31
110
Jan
125
July
Aug
14%
135
10%
Jan
14%
Dec-
117%
223
91%
Feb
118%
Dec
66%
$6,500
17% Mar
12%
Oct
5'A
Jan
8%
Oct
32% Jan
50%
Dec
Bonds—
Boston
150
*
.—50
—-25
i——.—
Webster Inc
10%
Associates—
preferred
&
12
,
~
—
i:
Dec
70
12
15%
30c
Jan
47%' Jan
200
11%
15%
Jan
60c
10
100
Machine—:
Folding
Shawmut
Dec
Jan
26
3.668
.100
*
stamped-.
—
For footnotes
9%
RR
23%
500
Dec
"
Torrington
1%
65%
5%
2.935
1
•
——
Quincy Mining Co
Oct
Jan
96%
Dec
44%
Assn—
——
—
44%
Jan
Dec
11%
429
Trust-
—5
& Fuel
4%
61%
4%
11%
62%
Mills
Pennsylvania
Nov
18%
116 '/a
"
200
745
Hecla
Service
Dec
28%
RR—J
Prop
Providence
&
25%
100
—100
——
class D 1st pfd
Boston
Cities
—
—_
Boston
9%
Feb
69%
::'t
England Gas & Elec
preferred
Dec
3%
65
1
Jan
6%
16%
1
—5
17%
8
6,615
65
——__——1
Cos—.
Old Colony RR—
RR—
class C 1st pfd
Stamped
Apr
69%
—100
,—100
1st pfd stamped———100
1st pfd stamped-^
—100
class A
8%
7%
24%
36%
—
40
1
36"%
6%
17
*
Rac'g Assn Inc
Service
5%
".
JunJan
Dec
67
17%
116%
36% 37%
prior preferred
preferred stamped—.
6%
167
Jan
Dec
445
—-—lOO
Corp
——*
Ry„
155%
55'A
Feb
8%
17%
100
29
28%
127
———
RR__
High
8%
—
43%
17
Jun
29%
661
36%
1
:
-*
New England Tel & Tel——100
North Butte Mining———2.50
Northern RR (N H)
———^—100
Range since January 1
Low
1.808
100
—
vtc
Linotype
5%%
34
.'.25
Boston & Albany
Boston
Edison
'
27%
*
Woolen
50
Bigelow-Sanford Carpet 6% pfd——100
Anaconda
New
Shares
163% 165%
164
National
High
54'A
54%
6%
Nash-Kelvinator
Sales
of Prices
100
Associates
Narragansett
for Week
Low
100
& -Tel
Week's
Range
Friday
-25
common
preferred
Util
Mergenthaler
Boston Stock Exchange
Theatres
Central
Mass
36
RR
Boston
Maine
*
——
Oct
2%
•
Baltimore
Dae
33% May
41%
36'A
*
*
15
—
41
Feb
*
,*
Razor Co
Dec
14%
45
15%
Oct
14
.
CM 00 rt~-
100
31%
Jan
Dec
35
1.055
40
17 %
9%
1
Hathaway Bakeries class B
Isle
59
75
Electric
Gillette Safety
111%
109
Capital Corp
General
6% Mar
Nov
100
Stores——
National
First
4 '
100
4%
_100
Assoc
Service—
Group
Public
Engineers
High '
Low
High
10O
Economy Grocery Stores
Employers
Range since January 1_
Shares
Jan
preferred
conv
4Va
r y
for Week
Range
Low
100
—-
Eastern
Nov
31
Feb
27
45
Oct
Street
Mass
1st pfd series A
preferred B
preferred adjustment
5%
Dec
Apr
7
64%
50
4.50
27%
Jan
18
4%
59%
4%
50
Bank
National
1,685
19%
21
*
common
Fidelity & Guar
Western
818
14 %
6%
High
Low
17
3.50
6%
Range since January 1
Share?
High
3.15
3.15
pfd vtc—25
Vernon-Woodbury Mills common_100
U s
16%
lgi/2
*
Consol Gas E L & Power com
of Prices
Low
Paf
Par
Eastern
for Week
r,
Saks
Sale Price >,(Of Prices
Sales
Week's
Range
Last
STOCKS—
Baltimore Stock Exchange
Week's
,
.
&
.
-
«
Maine RR—
Inc mtge 4%%
series A
1970
66%
52% Jan
66% Dec
■
THE COMMERCIAL & FINANCIAL CHRONICLE ^
Monday, December 25, 1944
OTHER STOCK EXCHANGES
RANGE FOR WEEK ENDING DECEMBER
23
Last
Okieago Slack Exchange
Friday
8TOCKS-
Range
Sale Price
7%
Advanced Aluminum
1
Athey Truss Wheel capital—.—.——4
Aviation Corp (Delaware)———3
Asbestos Mfg Co common—.
Mfg Co
Belmont Radio
.
400
8
Aug
21
201/2
Jan
.
100
91%
50
16'/a
Jun
100
331/4
Apr
9%
40
108
50
156'/a
1,800
125
125
41/a
Jan
Nov
166%
May
67/a July
Apr
7% Mar
22% Sep
100
2
2%
1.450
1
Jan
2 3/8
Dec
83/a
300
4Ya
Jan
8%
Dec
7.700
3%
8%
47/a
26%
53A
'
35%
27% July
Jan
14
May.
81/4
50
33 Ye
11%
150
7i/a
150
8
34%
14 Ya
491/4 Dec
11% Oct
Jan
5
50
14Ya
Feb
350
3y4
Feb
350
Oct
Jan
6
35%
18
Jan
'24
57/8
■
Jan
2,700
14%
47
7
'
53/4 Dec
20
12%
24
—
Jan
100
11
—
Jan
22
Dec
8 Y4* Aug
24
NOV
6% NOV
35%
Dec
15
14 Ya
151/a
1,650
9
Jan
15%
Dec
common—.—10
Central Illinois Pub Serv $6 pfd—•
Central 111 Secur Corp—
Common
—...—1
Convertible preferred
—•
Central S W Util common-.—
50o
Prior lien preferred.-—-—.
—*
21%
21 %
21Y4
150
20
Jan
22
Jun
101%
170
88 3A
Apr
——•
83%
(A M)
Castle & Co
Preferred
—
101
/ 6,900
%
Jan
550
9V4
Jan
%
3/4
126% 127
4.650
83%
430
&
14
"%
Chain Belt Co common——*
79 3A
22%
1
150
22%
200
7%
24.450
% Mar
111
58%
17%
Jan
Jun
Jun
4% May
1033/4 Oct
1
141/e
Dec
Dec
Aug
l&i/a Nov
83%
221/a
Dec
7%
7%
*——-—._*
Chicago Flexible Shaft common—.—*
Chicago & North Western Ry-r-
531/4
53%
65
850
44%
35
35%
350
34
253/4
450
23%
200
44
10
55
78%
1.550
12%
Nov
Feb
58
V t c for common.—
Preferred
•
—
25
56
56
61
—
—
61
90%
14%
90%
'
Chicago Towel Co common capital—*
:
Chrysler Corp common.——.5
Cities Service Co common..—10
Coleman Lamp.&
15%
Stove common——*
common——23
28%
Consolidated Biscuit common..—.—1
'
—
58
80
28 3/4
29
3.200
73/e
250
73/4
Jun
Nov
55
39
Dec
Aug
Sep
30% Nov
Sep
Jan
64% July
63% Aug
Jan
98
24% Jan
4% Jan
Jun
pref part shares-.-.—.——50
Common part shares vtc
■_*
Crane Co common.
—;
——25
35
c
29 % Nov
9% Nov
10
18%
2%
Jan
35
Jan
10
Dec
Dec
10
100
26%
100
19
Feb
105% 105 y4
40
93%
Jan
291/4
500
201/2
Jan
30% Dec
33/4
10
Apr
5% July
9
10
26%
cum pfd—10Q
Cudahy Packing Co 7%
Cunningham Drug stores——
—2 Vz
Curtis Lighting Inc common——2 Vi
29
--
33/4
—
'
.
;
.
'
.
•
;
.
•
Cohn Inc common—10
2
27% Jun
106
Dec
Co
common——
200
41%
100
36%
Apr
45% Jun
Feb
161/4 Sep
'
iw—*
4%
15
———5
16%
250
14%
14%
14 Ya
250
10%
Jan
41/a
4%
1/600
41/a
Nov
123/4
Elgin National Watch Co——-.15
Fitz Simons & Connel Dk & Dredge
Co common
——•
12
31%
(Peter) Brewing common—-—I1/*
29
26
Fox
common——1
——————100
Preferred
General
7%
Motors
Corp
.10
*
common
General Outdoor Adv common
—
Safety Razor common—.—*
Goldblatt Bros Inc common—
—*
Gillette
Goodyear Tire & Rubber
•
— —
•M —
8%
Oct
6% Mar
Jan
141/4 Aug
250
29%
Jan
36i/4 July
12
350
10%
1.700
•
400
8
23
3% Jan
30
83/s
50
63%
643/a
600
51%
Feb
Sangamo Electric Co
Co
11'/4
100
4%
Jan
—
14 Vs
143A
800
8
Jan
Schwitzer
24%
capital—
/-__*■.
Corp class B common—.J
.11
Berrick
8%
83/4
150
5% Nov
Southwest G ft E 5%
450
38%
Feb
507/8
20%
850
19
Nov
15%
Apr
22
Apr
Jan
12
Nov
Jan
50
Oct
Illinois Brick Co
100
12
700
8%
9%
13%
14
200
46 %
46
46%
180
14%
38 %
38%
14%
38%
260
34%
Sep
Sep
16%
17%
200
13%
Jan
24
24
24
100
19
.10
capital—
22
11%
3%
3%
20
100
37
12
1%
4
Feb
Jan
Mar
Dec
14% July
40
May
18% Aug
24% Dec
6
pfd.
9
—
100
1.650
10%
Jan
21% Dec
300
19%
Jan
27
Dec
19%
19%
350
16
May
20
Oct
Indiana Steel Prod common...—1
6%
13
6%
200
*
Co capital—
13
260
5% May
Jan
4%
8% July
15% Oct
Clark
Kimberly
LaSalle Ext Univ common.——
7%
30 y*
38
...*
&
Co
Cumulative
common
...——
5%
7% Nov
7%
2.150
81/4 Mar
30
33%
800
.10%
Jan
33%
52
80
47%
Jan
53% Oct
38
38
300
7%
5%
7
5%
7%
900
7%
1,000
38%
7%
2.100
40
13%
Dec
Dredging Co
36
1%
3%
32
6%
Nov
42
Oct
Jan
5% Dec
Feb
7% Sep
38% Dec
Jan
Apr
8% July
8
Jun
6%
Mickelberry's Food Prod com
Middle West Corp capital—
...
6Vz
350
4%
Jun
26%
30
.15%
Jah
26% Dec
48
22%
Jan
52
8% May
Jan
111
150
13
131%
250
18%
19
700
9Ys
9%
9%
350
10%
10%
11%
1.700
28%
5
Midland
7%
Util 6%
prior
....
lien
Standard
Stein
&
(A)
32%
Indiana
28%
28%
500
$1
prior
preferred
Monroe Chemical Co
—
Stewart-Warner
Corp
common—5
Swift
&
Texas
Co
capital
.
capital—.—....
Corp
Trane Co (The) common.—
208 South La Salle Street
V
8
Steel
2
Jan
31%
Sep
34%
Jan
50
13%
Jan
18
Dec
50
3%
Jan
6% July
17% July
12% Dec
5%
153/4
163/a
450
12'A
Jan
12%
12%
100
10
Aug
15Va
15Ya
100
18 %
Feb
31%
321/4
600
13% Sep
27V» Jan
32%
Dec
48%
44% Sep
49%
31 :'/4
'
common-
Dec
6%
Oct
8%
Jan
12%
Oct
4%
Jan
10
Dec
Apr
73% Nov
—
11%
Woodall Industries common_—._.i__t2
Wrigley (Wm Jr) Co capital
Mach
Radio
Radiator
Anaconda
'
;
8ya
8%
250
38%
38%
200
Martin
Iron
ft St San com——
11%
11%
11%
28
28%
950
28% Dec
5%
81%
250
56%
Jan
63%
65%
450
56%
Jan
66% July
7% Nov
5%
4% Jun
1.050
5%
35
Apr
7
300
'Jan
Dec
Dec
40
10% July
9%
250
23%
2.000
16%
15%
15%
25%
16%
1.150
11% Apr
23%
22%
23%
8.100
29
30
1,200
48
>..-—^9
capital—.——*
Paramount Pictures Inc..*———1
Pullman Incorporated —
Pure Oil Co (The) common—/—♦
Radio Corp oi America common—i—*
Republic Steel Corp common———*
Standard Brands common—— i.*.*'
Standard OH of N J
——25
Studebaker Corp common.
———1
U S Rubber Co common.
JO
Corp——
9%
25%
1
48
100
37%. Jan
51% July
15
18
29%
16%
10%
10%
20
23%
1.000
19
1.450
16%
•16%
15%
600
Jan
25%
Dec
171/2 July
Dec
Jan
23%
Feb
30
Sep
8% Apr
Apr
16
Dec
Mar
12
July
21% July
56
56
600
51
Sep
32% July
58 % July
18%
19%
300
14
Apr
40% Feb
20% July
53% July
28%
56
Gincinnafi Stock
Dec
f
Range
Last.
Sale Price
STOCKS—
Products
American
Participating pfd
Baldwin
32
—.———.
prior pfd_——.
Shares
Low
3% Nov
35
5
4%
pfd—
32
107
107%
147
100%
Jan
108% Dec
127
107
——
127
10
118%
Jan
127
20
40
22%
20
.
10
83/s
14
class
Oct
13% Mar
4%
Deo
Nov
9
Mar
80
July
8% Jan
Apr
100
298/a
186
14
Nov
72
17 %
10% Apr
29% Nov
14
July
133/8
30
May
35
Jan
10
29
*Jan
42
Dec
45%
"
25
41
45%
6
3D
Mar
123/4
13
275
355/8
36J/a
130
57
575/p
52%
Apr
4514 Dec
13% July
37% Nov
59
July
10
Jan
23%
40%
Jan
47% Nov
.
A.——
-J."
—,
——
210
34
41
«...
...———u~,
14
34
13%
..—
Kahn'
Kroger
14
291/$
30%
Jan
7% Jan
212
Yards—i-
...——.i..
.—
Insulation
77%
Apr
May
3% Jun
228
773/8
w«,'
50
——
Art
8%
77%
i-
...—
Corp
Gibson
Nov
10%
4%
4%
Cincinnati Gas & Electric preferred.Joa
Formica
Feb
7% May
10
29%
10 y8
————
Eagle-Picher
Mar
6
10
293/8
»*■>
Jk
Crosley
6
Feb
4
100
sk
Cincinnati Advertising ProductsC N O & T P
34% Jun
10
—
Champion Paper & Fibre..———
Churngold
High
251/4 Feb
60
32
4%
■•;
Range since January I
High
5
5
*..
——.
....
Sales
for Week
of Prices
Low
Industries
Exchange
Week's
Friday
■
——
•>—,
■*
10% Sep
31% Jan
23%
•
*
Rapid
U S Playing Card—.
U S Printing common.
;1
.....—i~r>-
4.—•
.
23%
2J%
443/8
443/8
451/a
186
14
....——-
331
40
143/4
343
81/4 Jan
10
Procter & Gamble
10
200
8
Jan
12
Jan
57%
.30
...—
Western Bank
Dec
15%
Dec
10
Deo
UnlistedAmerican
Columbia
13%
5% Mar
General
.28
Rolling M11L
Gas
—
14%
421
15%
4%
395
3% Jun
63%
641/4
127
51% Jan
28
15
28%
251
27%
4
4
.
~1Q
Motors
Standard
Brands
17% July
51/4 Mar
Cleveland Slock Exchange
13% Nov
30% Deo
63% Oct
City Ice & Fuel—.———— —••tr#*
30
Clark
20
20
20
50
13
12%
13
400
14% Jan
11% Feb
20% Dec
14% pet
18
18
50
12
21
16% Sep
17
Sep
3% Jun
11% Aug
3% Nov
Feb
'J
stocks—
Akron Brass Mfg——
American
Detroit & Cleveland
31%
100
Feb
23% 24
135% 135%
400
100
42%
43
2
14%
14%
10%. 10%
4%
4%
16%
Jan
40
95
Jan
240
22
Jan
13%
Feb
30
300
6.200
9
3%
.
May
Jan
92
94
400
79
Jan
21%
21%
21%
10O
16
Sep
Jan
14% Jan
18
Jan
515
63
dan
79
17%
18
2.476
13 y4 Apr
19
14%
15
120
10% Jail
16
7%
221/4
700
3
»
1
—
;
July
Sep
20% Mar
31%
Dec
24
Dec
135% Dec
45% pec
14% July
Navigation!—
7%
'
22
Halle Bros
:
—4-—1°P
Interlake Steamship
Jones & Laughlin
Kelley Island Lime &
11% July
4% May
94i/? Aug
21% Dec
4% Jan
20% Jan
40
■
.
52
70
Feb
36% Feb
16%
common.^.—4^"
Preferred /
100.
aSO'/s a50%
Goodyear Tire & Rubber—f—v,
16%
.473
52
52
July
Oct
31%
Tr—i—If
13%
7%
44%
-Si
Feb
53
315
32
18
47
31
Feb
34% July
27% pec
3
14%
570
1.300
,23%
24
Jun
32% Feb
7% v 7%
43
44%
13
7% July
23
54% Jun
51 / Dec,
35
:a26% a26%
-
94
10
'a.53% a53%
; /
Faultless Rubber
Goodrich (B F)—
19
31%
54
Oct
47
17% Mar'
150
100
100
19%
79%
*
Cliffs Corp common...
Commercial Bookbinding
38
32%
33%
400
Hiah
6% July
12% July
25% July
22% Jan
85% July
15
t,
19%
5% Feb
18
——
Jan
200
18%
12%
a20% a20%
1
!■
Range since January 1
LOW
250
6%
12%
■
Shares
High
6%
—,
Coach ft Body...... .4.—-5
Controller
Apr
Jan
38
for Week
of Prices
Low
Cleveland Cliffs Iron preferred,
37/
Sales
Range
_
Jan
18
Week's
Friday
/•■
■
Last ■
.?/; / Sale Price
Apr
37
July
33% July
Nov
Feb
37%
Dec
66
14% Dec
Dec
9% Dec
18% May
5% Mar
6 % Mar
9%
63%
———1
Apr
Nunn-Bush Shoo common——
For footnotes see page 2787.
12% Aug
Jan
24%
81%
39 »/8 X39%
2%
10
July
79%
common—L.—*:
(Glen L) Co common—...^.
Nash-Kelvinator
8% July
44
Feb
9
800
28%
Co—.—
Corp
5% Feb
Feb
34
|
>...50
coml.100"
Bethlehem Steel Corp common.—*.—.*;:
Curtiss-Wrlght
1/
General. Electric
62
100
r8%
-A,
•
Copper Mining
Interlake
2.450
71%
387/a
n"
American
10
71%
l—i5:'
common
Unlisted Stocks—
800
t—*'
capital
Corp
12
91/2
,10
.t,—
27%
100
Penn Elec Switch class A
61
/;
i._l'
41%
4%
63% July
8% July
30%
40
Omnibus Corp common.—.——.8
com—.
-5
—100
50% Apr
3% Jan
Dec
Jan
100
Peabody Coal Co class B
.6% preferred
1.150
17% Nov
Apr
1.450
i/a
37%
Jan
12
2%
29%
Northwest Bancorp common
Nor West Util pr lien pfd—
1% preferre
jcn lien pfd
33% Jun
26%
51%
11%
3%
24
190
100
29%
—*
100
1,350
200
—....
Yates-Amer
Jan
48%
17
47%
36%X^%
17
6Ya
50
37%
51/4
30%
Jan
—
900
1.350
18
67/a
i
9%
National Standard capital stock... -10
5
Noblitt-Sparks Ind Inc capital
Northwest Airlines Inc
37/a
333/4
35/8
303/4
Bankshares—■
300
North American Car common- -20
Dec
1.700
11%
3%
2
Dec
734
Jan
National Pressure Cooker common.
Jan
21%
58%
IYs
■
43
Jan
/"Z 7%
1,350
*
Apr
16
7%
3
Corp common
1—
National Cylinder Gas common.—; —1
27%
100
59%
2%
Nachman
380
12% Dec
__i—•
•Common
Zenith
Feb
6
15%
Walgreen Co common——.
Williams Oil-O-Matic common—ii.i*
Wisconsin
Dec
110% Nov
Feb
Feb
10
110
common—...ii—.1
common
Utah Radio Products
950
:
106%
Apr
15 %
24
16
2'5 ;■
—J./../2
1.650
common—
Jan
July
18
Corp cotn-Z**1
9%
Montgomery Ward & Co common.
10%
20
'
common.;—5
i—25 *"
9%
Muskegon Mot Spec class A...
21%
100
200
Dec
6% Aug
38
—■"
.
Corp commoni/ild^'
Sundstrand Machine Tool
9%
I
2.050
Jan
18% NOV
33
•
9%
*
15%
34%
25% July
105
41/4
-
9%
—10
3% Jan
200
5Va
Dec
4% May
fiW
[-—*'•
9%
—
Jan
82% Aug
43%
33
capitaL—_2SS
common.
Sterling Brewers Inc common
Miller & Hart Inc—
Common
105
38
21Ya
■
3%
of
Oil
Co
.100
...
100
Feb
21
.
.100
prior lien——
Jan
85
34%
Midland United Co—
Convertible preferred A
Jan
11
i/2 Feb
20
49%
13
18%
—.
common.
common
21'A
100
32%
—
26%
McCord Rad & Mfg class A
Field
Jan
Aug
38%
*
$3'/a preferred
McWilliams
18% Jun
4%
6%
*
preferred
Libby McNeill ft Libby common.—„ Ilr
—i
Lincoln Printing Co common
Marshall
Jan
200
6%
—5
Leath
200
7
18
.—*
common
18
51
1
Co common——
...1
Kellogg Switchboard common..—...—■*
Ken-Rad Tube & Lamp common A—*
Kentucky Util Jr cum pfd—
—50
Drug
250
18%
14Y4
15%
*
Jarvis (W B)
24%
21
Hobart
Katz
3%
38
—
•'
."Common
Oct
7%
21%
pfd——
800
1.350
Cincinnati Street
26 %
Interstate Power $6
4Ya
12 Yo
Cincinnati Telephone
Cincinnati Union Stock
20
7%
38
12
Aug
26
21%
711/» Mar
230
Spiegel Inc common..——
L—2 ■
St Louis Nat Stockyards capital—•
Standard Dredge pfd—....—4—20' ;
Dec
*
Indianapolis Power & Light com.—*
100
Illinois Central RR common
Indep Pneum Tool vtc new—
260
110
Dec
14
22
1
77%
43Y4
53/8
21% July
Hupp Motors common
Nov
,.100^
9-% Dec
50Ys
Bartlett common.
25
Horders Inc common——
———*
—*
Horrael & Co (Geo) common A
Houdaille-Hershey class B—.—..—-*
Hubbell Harvey Inc common.-—5
3
105
Signode Steel Strap Co preferred.i_.30
Sinclair Oil Corp.———aw.*,
South Bend Lathe Works cap——^5
8% Mar
50
Hibb Spencer
Jan
24%
;
_*•^•
common
Cummins
July
July
14% Dec
Jan
20
10
1%
4Ya
r*
13
8
50
common—.—
150
76
r
Sears, Roebuck & Co common..
66
11 y4
20
Harnischfeger Corp common———..10
cap——1
Dec
3
July
7%
—•
Heileman Brew Co G
5%
5%
4134
76%
Packing common
—Z-10 '
Raytheon Mfg Co 6% preferred—.^.5
Aluminum
Hall Printing
5%
Jan
7% Dec
7%
8%
common—.*
Great Lakes Dr & Dk com—
Jan
2%
12% Jan
29
Apr
Aug
400
13
C4%/, 35
...
General Finance Corp
18% Dec
173/4
15Ya
'trnm
Dodge Mfg Corp common..
*
Domestic Industries Inc class A—.—I
Electric Household Util Corp
6% May
17
411/2
—*
Diamond T Motor Car common——2
Deere &
31%
2,400
18
common...—-
Rath
New York Central RR
Decker (Alf)
Aug
100
650
J V-
Atch Topeka & Santa Fe Ry
35
Dec
36
35%
3
5 %
,
(The) common
Quaker Oats Co
Deo
Co—
Consumers
V t
16
66%
58
Edison
Commonwealth
100
33%
35%
•
1.
■
17%.Mar
45%
preferred
Jan
33%
Dec
7% Oct
Chicago Corp common——..1
Convertible
High
26
32%
33
Co.—.*r-
common
Storkline Furniture
14%
1
Process Corp
Low
Hiah
"
100
263/8
17%
47
14%
(The)
(The)
Range Since January 1
Shares
Dec
211/4
17%
«
'40% July
21
—
Circle
Low
par;
..../.-50
capital
for Week
Oct
16%
'
—-—
Jan
RR
.
164% 164%
65/a
6%
W—
•
26%
Berghoff Brewing Corp—
——.1
Binks Mfg Co capital.:
—1
Brown Fence & Wire class A pfd—*
Common
——-———~1
Bruce Co (E L) common——
8
Butler Brothers
-10
4Y«
39%
124
5%
*
common——..5
7%
Perfect
Potter Co
High
Dec
9%
8%
Corp....
Aviation Corp
Bendix
Low
High
16%
—...10
common
Range since January 1
397/a
——
•»- —
*
Bastian-Blessing Co common—
Belden
Shares
Pennsylvania
Range
of Prices
Sale Price
v/
for Week
of Prices
Low
Par
Castings——5
Aetna Ball Bearing common—.—1
Allied
Laboratories
common...—..*
Allis Chalmers Mfg Co—.-———.—*•
American Pub Serv pfd——.100
American Tel & Tel Co capital——100.
Armour <fe Co common—._——
5
Aro Equipment Corp common—......1
Sales
Week's
Last
Sates
Week's
Friday
STOCKS—
J50
■,
1
.
1U>
20% Jan
11
Mar
15
•
Nov
Nov
Nov
Feb
7% Nov
46% Dec
15% May
25% Oct
5%' Jun
36
$TQCK EXCHANGES
Of HER
RANGE
:
■;
;
1' 'v'..-'
■■
STOCKS-
Acme
National
Retining
Ohio
P
i
;High
new——i-"
iterson-Sargent
Richman
Bros
Oil
;
—
.
Vlchek
Tool
Works.
Youngstown Sheet & Tube
■<>..../ :
.
Tire
Rubber
&
com
Glidden Co
Industrial
•
a39
common
38%
;
Oil
common
U
Steel
S
17%
common-...
common
21%
Nov
v
Jan
Jan
Apr
8% July
42% July
Products
Farnsworth
General
I
20
315
■
>J
130
Feb
57
Dec
Hancock
Feb
40%
Dec
Jan
25%
Dec
Hudson
Oil
Co
35%
Nov
42% July
Jan
23%
Petroleum
Intercoast
Dec
15%
Sep
20 »/8
16
Apr
21% July
Lockheed
50%
Apr
63%'July
Los
Feb
Lane-Wells
Aircraft
6%
Mlg
'
1st
Co
Solar
Corp
_♦
Machine—.
Adding
Burroughs
Shares
Range since January 1
Lou t
High
'
lVa
High
Chamberlain
of
Co
Detroit
—_
10
_1
8%
8%
common,—10
IV*
7
Cleveland Nav
&
•
itfltnu/
•
.mutton
——„
Federal Mogul
_«st»
6
———4—
5
1
Prankenniuth Brewing common
um
General Motors
V
•
au..m-p-< kt
i
Bud
Motor
oil
Lock
Hurd
&
Kinsel Drug
~5%
Jan
Cur
Dec
Nov
52%
Feb
%
Fen
7
Aug
Apr
1%
Nov
;
%
5
14
Jun
18%
Aug
8V2
Feb
16%
Sep
6%
Dec
May
1%
Dec
500
22%
Feb
27%
Dec
I %
Jan
57c
24c
15,100
■"
3%;
; 1%. '
3 4
1%
3.0C0
1.100
3%
■
,'
65c
1%
100
•
Wolverine
Parker
Mtl
Prudential
Invest
common
2%
<H W)
common—
Paper..—4
44-~~~*
Oct
3%
Dec
Dec
4% July
5V44
350
6% Aug
1,157
26%
Apr
31% Aug
100
18%
Jan
22% July
N
22%
4
y
Jan
13V2
Jun
10.300
1%
Feb
2%
1%
Jan
2% July
Dec
100
3
Jan
4%
260
%-
3%
3%
Jan
4% July
a,;
*—
Scotten-Dillon common
Shelter
Mfg
Standard
Timken-Detroit
Tivoli Brewing
Udvlite
common
class B
Tube
Axle
com
common
U S
Warner
Cooler
Jan
7%
Nov
6%
3
Dec
26 %
700
2%
400
May
Apr
Jan
35%
Dec
3% July
2%
Jan
4%
Jun
$9 /.-ji
45.4
9%
300
2%
Apr
Jan
•5%
100
1%
Jan
5%
Dec
Jan
2
Aug
Jan
5%
Oct
1% :ti%'
Wayne Screw Products common..——4
100
Gold
Inc
Unlisted
7%
Las!
Week's
Nov
Dec
5
Nov
3%
•
Aircraft Accessories
of
Par
Corp
—
...
...
,
Priced
%
8;
■
Petroleum
Barker Bros
Barnhart-Morrow
Blue
#
Diamond
.
—
1 '
Consolidated..
Berkey & Gay Furn__
__
...
Corporation.
4%
t
Company
Corp common
Jnn
2
rt'f. n
8%
Dec
V
Chica
Oil
Corp
...
_
Jackson
.
*
Broadway Dept Store Inc com
Byron
1
19
*
Co
—
Dec
4fic
Feb
%
Jan
1.80
2.500
3"b
'
Eolsa
18
Dec
600
:
Jan
1,950
1.30
Jan
18
19
•'
715
15%
Feb
a24%
a 2 4%
■.
56
a2G%
a
1.70,"
1.70
Feb
Jan
15c
1.100
V'2
6Vs
12 Va
100
18
3
3% July
GOO
•4%
21
Packing Corp
Central Investment
*
com
Corp.—
...
1(10
a26%
■
■
—
75
27%'
75
90
101
1,000
3,496
1,000
200
67 %c
Jan
75c
Jan
90c
Nov
18
Sep
Dec
1.75
Sep
6c
14% Aug
Oct
14c
Jan
30
Jan
Jan
48c
29c
1,200
25c
May
34%
Jan
35
Dec
37%
48
25%
10 Vs
533
1,475
650
200
568
4,597
30%
37%
47%
24%
10
7%
35 %
Jan
38%
Dec
40%
Jan
48
Dec
19
Jan
25%
Dec
•
25
15%
10V2
•
8%
54 V* '
42
2a
15%
IDA
8% Mar
3Va
11% July
Jan
47% May
Dec
9
54%
Dec
Aug
125
223
■ 100
3,505
775
<
36%
Jan
42 %
23%
Nov
27%
10%
Jan
15Va
Dec
Jan
11%
pec
3
Apr
26%
Oct
Apr
32%
Dec
Jan
32%
Deo
26
26%
1,512
22%
32Ve
32V«
37%
34%
Jan
—
37% Nov
40%
2,346
235
200
1,536
29°, a
24%
Jan
42%
Dec
—
32%
38%
37%
42%
30 Va
32Va
1,596
300
34%
Sep
39
July
5
Feb
A.
37%
6
..
,
38%
6%
Apr
Va
7% July
44
al4% al4%
30
13%
Feb
17
Sep
10 %
10%
11
a28Va a28%
19% 20 Va
15% 15%
3,761
85
2,428
8 Va
Jan
11%
Dec
18%
Apr
25'A
Nov
17%
Sep
20% Julv
12
Jan
15%
6c > 7c
1.20
1.20
3C
2c
17,000
100
Jan
10c
a28%
20
Apr
__
6c
•,/.
1
:
__
2% Aug
3Vb
Nov
2.00 July
19
23%
Dec
Dec
2c
8ru
6<2
1.10
Nov
May
1.45 Aug.
Jun
3 VaC
Vac Apr
10,000
July
12% Aug
Jan
19%
15
Sep
18'A Mar
35
35
85
34%
Jan
45%
Apr
66 Va July
Mar
33% July
4%
4%
al5% al5%
a28% a28%
%
%
al8 al9%
8%
8%
a31% a31%
a21% a22Vs
5%
5%
100
30
—
A.
Co
Columbia Clas & Electric
Solvents
Commercial
— •
,
—
—■
Corp...——*
...
Corp
—
,—25
Commonwealth & Southern Corp
*
Cons Vultee Aircraft Corp..
1
Continental Motors Corp...
1
Continental Oil Co (Del).—..——.5-
;A_
Commonwealth Edison Co.:—
Zellerbach
Crown
Corp
...
—
Curtiss-Wright Corp
Class
1
A
5
Electric Bond & Share Co—
General Electric Co
Goodrich
F)
(B
Co.——
-*
_*
*
Corp
pfd:
1—1
_*
Corp.—...
Graham-Paige
*
*
Motors
Northern
Great
:
——
Corp——
Foods
General
5
l'
Co
Ry
%'
..
.
...
__
—
.
al8
—
--
—
_.
—
__
a48%
•
v
270
50
503
435
'390
225
9
126
100
Oil
—
Co—,.
2,300
36%
Feb
156 Va
Jan
24%
Jan
28 Va
56
Jan
83
29
Nov.
32% Aug
••
.43 Va July
165
4
Iron
Co of Canada—
Dec
Nov
5
Feb
14'A
50
Feb
18
Jun
Apr
28%
Oct
%
Feb
1 Vb
July
11%
Jan
17%
NoV,
5Va
Jan
Dec
9
30% Mar
32 Vb
16'
Apr
20%
Oct
Jun
7'/a
Nov
4%
350
*
•
—7
IntT Tel & Tel Corp..
Copper Corp
Kennecott
McNeill & Llbby
Libby.
Loew's,
Inc
New
Inc.—
Inc.*
16
May
18
Oct
200
518
10
120
9
Dec
11
Aug
Feb
40
Nov
Dec
43% July
35'%
40%
43
Mar
1%
490
53
Feb
28 Vt
1,100
Jan
•
Aviation,
American
Co
...
Car Co
Motor
Pictures,
50
__25
*
Pennsylvania Railroad Co
Phelps
Corp.....
Dodge
Gil
Pure
—;—*
Co
of
America
Corp—;
Radio
Corp
Roebuck
•
•
*
15
*
*
Co.—
iz
Railway
Ce
Inc
Brands,
Oil
Co
(Ind)
Oil
Co
(N
&
Texas
Texas
—25
.25
——*
J).
Webster Inc.
Studebaker
5%
—1
Inc
Corp
*
—
25
Company
Gulf Sulphur
Co
Warner Bros
Western
:
Pictures Inc
Union
Tel Co class
Motors
25%
Feb
30%
Jun
Willvs-Ovcrland
45
Jan
75
Dec
Woolworth Company
Inc
(F W)
A
:
^
—
—
—
—
16V2
—
19% ;
10%^
al9 al0%
5V4
29JA
5%
32%
25Va
48%
33%
25Va
48%
16JA
16J/2
__
__
^a48 a48%
®35 A a35 ,a
16%
16% 16%
—
a79 a80%
—all6 /n all7 ,8
a35%
36
a30
a29% a30 /4
'
1%
1'»
—
69
55
133
86
190
230
15,108
80
2/2
350
—
al3% al3%
a44 a44%
40
70
all3V8 all3yBall3/«
17 17 Va
10
42% 42%
307
^5
*
—
—
—50
—1
—
—
36
14o
Jan
27%
Dec
Apr
53%
Nov
Jan
23%
Dec
7%
Jun
11%
Nov
Jan
19%
Aug
6% Aug
3%
Jan
25 %
May
26%
Jan
33%
Dec
20%
Feb
25%
Dec
41
May
29%
Dec
50'A July
15 Va
Feb
18
Mar
8%
Apr
12
Jul J
16%
Apr
21% July
97%.July
88 Va
Mar
12
Feb
14 ye July
22%
87
582
355
95
306
Dec
Aug
16%
223
—
65 Va
15%
1,336
19%
Aug
Pec
8% July
23
266
19%
36%
42
1,081
155
170
10%
19%
Apr
65 Ve
54
10%
—al03% al05JA
13% 13%
32% 32%
—■
a27% a28yt
33% 33^8
—a55%
a56
al2al2'A
al87A
al8VB al9%
—
,
Jan
6%
2,299
120
29'A
'•
31%
12
4,255
1,060
381
-
?■.
Jan
Apr
30% Feb
262
23%
22%
9]A
—
10
Union Carbide & Carbon Corp
*
Union Pacific Railroad Company—100
United Air Lines Transport.
5
United Aircraft Corp
5
United Corporation (Del)
*
l/nlted States 8t,eel Corp
•
Water Assoc Oil
a28% a28V4
Jun
Aug
9% July
Jun
6%
770
102
a50% a52.%
23Va
lO'A
al9%
.
7 Ve
36% July
25%
50
280
889
133
a74% a76%
—
—10
American
North
Paramount
7%
*
•
.1
North
Packard
18
RR
Central
York
--
4
-
Robbins Inc..
&
McKesson
19%
Jun
50
al8
a8% a87/e
28% 28'A
17% 19%
36y< 36lA
7%
7%
—
Sep
25%
2,150
245
320
50
92
9%
9%
a38% a40%
a4iy4a41%
a51% a52%
5'%
5%
a46% a48%
—
Dec
Dec
26%
Feb
57%
Dec
5%
3% May
30
Nov
*
Interlake
Int'l Nickel
Westinghouse Elec & Mfg Co
California
4-
.—-—5
Bendix Aviation Corp—:——
.—5
Bethlehem Steel Corp
*
Borden Co
15
Barnsdall
Standard
Low
15c A
1%
1
2
_
'
18
15c
.
75c
1.60
6c
al9
Jun
10
a25%
a26
1.6% 16%
a46% a47%
*a63% a65%
a33% a33%
Tide
Bandlnl
Nov
Feu
24c
Locomotive Works vtc——13
Baldwin
Stone
200
Nov
17%
35c
Jan
11% 11%
a40
a40
al64% al63% ,al65
281/b 28Va
—
80%
83
.
a30'/2
a31
"S'A
5
5%
Standard
Range since January 1
1
High
Low
8
50c
23 %
Jan
—
San Corp.
Refin
Smelt &
American
Sales
Shares
Jun
11%
Aug
14c
Stocks—
& Stand
Rad
Standard
for Week
Range'4
,
15%
105
41%
—1
Co—10c
Cons Mng
Dec
6%
19
Angeles StocfsiExchange
Friday
330
17%
54 J4
15%
10
Socony-Vacuum Oil Co.
Bale Price
20%
24c
—*
*
American Tel & Tel Co
.—100
Anncoridfl Copper Mining Co
50
A T & S F Ry Co
—100
Atlantic Refining Co.—
—25
Aviation
Corporation •
:———^.3
Amer
Soi^Jiern
8TOCKS-
Aug
15c
13'4
—
—5
Co
Mining Co....:
Republic Steel
>
Jan
6
176
300
2,000
545
Stocks—
Mammoth
Sears,
Los
Jan
•
May
16% July
*
Pullman Incorporated
98c
400
5% 4C5 %'
1%
1%
53
92%c
3%
28c
>—
.25
Oil
Montgomery Ward & Co;
300
.
Feb
2
California
Dec
1 %
300
5%
1
common
Nov
2.400
5
*
B_._
class
Aircraft
,13%
7 Vs
17
1
u:
.
6%.4 6/4
O
6% :
6%
5
Radiator common...
35% ;
3%4v3%'<V
Apr
2% Mar
500
1.533
-*
4
Graphite common
U S
Universal
5%
2%
'
35%.
1
—
3%
5%
__1
Union Investment common
1.195
6% --7%<
7
9%
3
10
common.....
common
600
13% 7.
13
——1
___1
1
common—.
Pattern
Simplicity
TO
8%
38V«
Dec
400
300
4 Va
"3%
1%
Jan
Feb
2%; ■;2V4:>'
__2
Raisin
Rirkel
River
May
2%
11% rl2% .4
2%,;?
2%
2%
1
Oct
4
Jan
Dec
3%
22%
1
—
common.......
40c
Jan
730 % >
5%
30
*
common..
Pr
1% July
5 no
•
-
Peninsular
Nov
8
1.600
3,700
'
2%
30
Feb
Jan
200
38'c
12
14%
125
1%
"
1 %
*
_.
96c
65% July
100
.
3
————.2.50
Dec
7%
7%
6%
33c
common——
common
Rust-Proof
4%
Jan
1.300
1% 4 1%
27 %
1
common..
23% Dec
Jan
vs.
i%
•
Dec
300
27%
i
6% July
15
Jan
x
(
--
Imperial Development Co Ltd——25c
Jun
4 %
J3.3:
13
1
10
Dec
21
Jan
2%
Dec
9 %
3%
700
—
1
Corporation..
Consolidated
Mining
7% July
Jun
18%
3.705
Apr
8y2
50
.
Oct
3,900
*
47
72Vac Jun
400
&
3%
28c
29c
of .Calif
—
85c
153
53
85c
34%
■
.25
—25
25
*
Corporation
of
Oil
Black
Dec
200
5%
,
1%
common..—..—__l
Co
3%
-
11% July
300
63%
6V4
Proti
Motor
18%
16%
Puke, Davis
Parker
585
•1%4
5%
Michigan Die Casting common..
1
Michigan Sugar common
—,——*
Mid-West
Abrasive common.—50c
Packard
Jan
•
7% 4
•
14%
common—
Chemical
y
7V4
*
McClanahan Oil common
Park
Feb
Jan
4%
•
8%
17%
Jan
900
63%
common——1
Mfg
Screw
"7%
Dec
Dec
Jul*,
92%
Apr
600
l
■•7 %
—*
common
Common..—
(S S)
Kresge
Masco
B
2334
7%
82%
760
:
Company..
Corp..
Milling
Universal
Jan
4%
.
C—
A.
Co
Oil
Oil
al9
,.25
!
B
class
Transcontinental & West Air,
Jun
4
:
2%
class
car
15%
Dec
14"%
4 V4
1
Horklns Mfg common—:
Jan
3%
200
15:44
7
J
rmtiinon
Grand Valley Brew common—
12%
100
'>'<
•6
23
10
common—
Houdailie-Hershey
\
4%
common————1
Finance
General
23
—3
eommun
industries
»vooa
2 %
7M05
.
7V4 -t
20%:,;
15
:
Jun
1,800
49
20%:
20-/4
common—-—.———5
cuip
otcei
Jan
1%
100
4
17%; 17%'r
—4—1
Detroit-Mich Stove common
Cci-iuik
6%
200
91
common...
—
Movers
t——lueniai
15%
50%
Deo
300
8% \
8%
91
Jan
72%c
1.50
6c
a 19
__
—
*
30
..—15
*
—1
Ltd—
Co
class
Pacific
Transamenca
Jun
260
s
Edison
preferred
Cardmal
5
——_
2%
11V2
500
14 %
3%
:
Jan
'
9
3 Va. 7'
5
Amer——
Corp common
Consolidated Paper
Carysier
100
'. 4.
11
13%
Jan
10
St.'/a
39
13c
1314
'
1.50
^.1
*
preferred
Union
2Va.:-2V» 1
.412%:
Eurry Biscuit common
Dec
17%
*
Co——.
Company
preferred
Taylor
for Week
9
12%
—
common.—
Corp.
Calif
Simriv
Range *
10%
Jan
•
preferred.—4.
Corp.
Aircraft
Standard
Sales
Week's
1
common———
3
1,126
7 y»
20%
common..
1st
Corp
Oil
Southern
of Prices
X
OUiiilIWu.»^.———.
Jun
..
25
Company
Sinclair
"
McLaren
Jan
65%
..25
——
Aeronautical
6'/c
rtUUOol
Dec
14j/b
Jan
1
—...
—-
common—
preferred
Security
Detroit Stock Exchange
Brown.
Dec
Jan
-
1
—-1
Corp..
,
Elec
&
Oil
5%%
——Win
Oct
14%
9%
53
—
.
.1
Public Serv
Ryan
DETROIT
'
Low
70
510
52%
alsyBalSVn
3%
l
Lighting
6%
■
Jan
40
1—10
%;
Ltd—
Petroleum
Oil
Gas
Southern
———1
Aug
Dec
310
1
Co
60
Corporation
Richfield
r
Equipment-
11%
Jun
al3%al3%
;
1
:
Corp
Pacific
Associate
Telephone: Randolph 5530
&
55'A July
460
95%
a63% aG4%
__
4--r_10C
Oil Company
wj.iIwj.1
Elcc
44
4.
—10c
Corp
Safeway Stores Inc 4.
Allen
59
344
510
all % all %
15% 15%
a49% a50%
1
;
Angeles Investment
Pacific
Chicago Stock Exchange
Laat
68%
14
__
_*
Company
Pacific
York Curb
New
Friday
68%
—1
—4
Jade Oil Co..
Members
Sale Price
Nov
•
Co..
Corp
Hupp Motor Car
Oceanic
STOCKS—
11%
505%
a63%
common—"
A
Car
Motor
Occidental
Building
Jan
*
com..
Holly'Development Co...—
18%
WATLING, LERCHEN & CO.
Ford
7%
*
Co
38%
15%
112
466
70-
•.
a59% a61 /.J
Exchange
564
13%
10
T__
Rubber
35
Nordon
Stock
Dec
10%
—
__1
common..:
common
&
Tire
Menasco
Detroit
28
84% May
'
425%^?
York Stock Exchanft
Jan
__
100
Radio
&
Corp
Paint
Goodyear
21
20 Va
4
Bank—
Nat
Television
Motors
General
Jan
430
10%
*
Corp...
Merchants
Farmers
9 Vb
27%
10%
20
1
Douglas Aircraft Co, Inc
Electrical
9% May
Sep
200
160
3,025
*
America
of
Creameries
Mascot
New
*
—4
Preferred
High
Low
3%
4%
4%
a90% a91%
20%
21
__
5
•
Corporation
Consolidated Steel Corp
Range Since January 1
Shares
27 '/a
.'.l
Company
Gladding, McBean & Co
60
19
Oct
33%
395
;
—_
Dec
49%
5'A
),23\'£?
17.1/4'% 17%, 1;
_
;
July
48%
Jan
15%
10
'
Republic Stse
11 %
Jan
215
22 %
——
Jan
32%
12
a40 Ve &40 Vs-'
—*
Oct
':
,40
25%
42 V2
Jan
Ciirysier
Oct
6%
460
a39...'
.
40%
70
'
a56% ft56%
1
—.——-
Ohio
32 '/'a
465
I
V; 3d%
——•.
common
Rayon
—
——
York Central RR com
New
18
,•
7%:,%
A
—__
Elrctre ■''/immun....
-reI
24% July
Jan
547
; 20
7'A
—
I'nlisted—
Firestone
Jan
13'/a
' '.'/J:1'•4-7yi4-44"1 -',''4
V •4 4;'4).44:-4W:-v4--:'v '
.
V 40
19
Dec
Feb
18%
47% '..-47 %';.•(
>
v
—''*£■•%•
*
A,"
——
—
<;
a9%-; &?Vb)|
848%'A
*
—,
•
16
10%
132
30
a48%
Inc..——-4—"
Products
Iron
40
__
Dec
Jan
100
16%:/10%iiv
V
-
*
25
——
Van
•
•
——
-
Ohio
oi
Thompson
Dorn
16
20 ya
13%
Aircraft
Cessna
Hiah
Low
Par
90
22'A*-'22%'-")
i*
_____
Seiberling Rubber
fcianaara
~3\
'
of Prices
Sale Price
High
Low
Sales
for Week
Week's
Range
Last
STOCKS
Ranre Since January 1
.
,-,F20v/l
UK/-*!
20
B.—_————*>
class
Brass
—1
i
•
DECEMBER 22
Friday
< s»alf
Range:,~,:.fnr Week
of Prices
Shares
Low
National
WEEK ENDING
FOR
Vleefc >
Iriday l,#st
Hale Price
^
^ r
•
2783
CHRONICLE
THE COMMERCIAL & FINANCIAL
Number 4345
Vqlrme 160
Jan
33
Dec
29%
Apr
31% July
32
,
Sep
34V*
53% Mar
8V0 May
13%
Apr
45 Vb
Oct
33 y4 May
Jun
55% Mav
10%
20
Dec
July
49% July
37
July
13 JA
Jan
16% July
78%
Feb
82
108% May
July
108 ya May
Dec
22%
Apr
34%
26%
Jun
32
Nov
IV'b May
2
July
50% May
62 Ve July
11%
Apr
14% July
42%
Feb
52% July
93
Feb
99%
6V4
37
Jun
Feb
19% July
Jan
42%
Dec
iri
For footnotes see
page 2787.
t
THE COMMERCIAL &
I
2784
Monday, December 25, 1944
FINANCIAL CHRONICLE
OTHER STOCK EXCHANGES
RANGE FOR
WEEK
ENDING
22
DECEMBER
Last
Range
—*
100
13
50
American Stores
Tel & Tel
American
Works v t c
Baldwin Locomotive
Securities Corp. pfd
Bankers
Budd
Budd
Wheel
Co
common
Pennroad
& Light
-1
—j>0
Pennsylvania Salt new com-.—
10
Philadelphia Electric Co common
•
common
preference
$1
preferred
4.40%
100
25
—
8% pfd
—
Phila Insulated Wire————
Phila Elec Pow
Philco
Co
preferred
2nd
Motors
Reo
common
,
Scott Paper common
"
common—,——25
—■—25
Corp common
*
Transit Invest Corp
Preferred
United
—
*
13%
preferred
United Gas Improvement—
Jan
12% July
50
7%
Apr
11
Jun
260
78%
Jan
94 %
9%
11
Sep
Mar
v 23
40"%
15%
1,851
13 % May
441/2
362
39%
Apr
Feb
66
Apr
-
64%
1,017
51%
,12%
1,024
8%
Jan
12%
810
4%
Sep
7 %
.
7%
7%
5%
260
,
6Va
7,364
33%
5,033
37
20%
25%
20%
211/4
25
"
6'/a
Jan
26
Jan
33%
36%
305
Dec
38 %
Mar
Nov
18% May
22
26%
CEntral 7600
Bell Teletype SL
25
116
,
.
120
Aug
Oct
34%
Feb
70
15%
Sep
17%
Jun
St. Louis Stock
155
25%
Jan
36% July
675
16
Jan
21%
Dec
Friday
Week's
36%
27%
Jan
36%
Dec
Last
Range
/
40%
60
41%
57%
57%
ift
45
11%
38%
Jan
53%
1
IVs
38%
13%
1
623
1%
.
38%
31%
11%
15
4,462
20
20%
187
Apr
15 y4
21
-—
Shoe
Brown
Dec
Burkart
July
Sep
—
Bldg
common
Mig
Week's
Range
Hussmann-Ligonier
Sales
for Week
of Prices
■
Brewing com
common
'
Hyde Park Brew common
Range since January 1
Shares
Low
24% Apr
703
6%-Sep
Preferred
29 Va July
-
(A M)
Lone
&
32
—«
10
——1
—
10
Supply
Fuel
—*
Corp
Fireproofing
Brewing common——
*
Forgings ————1
Oil & Gas
—
5
Plate Glass
25
Screw & Bolt Corp
*
Steel Foundry com———*
———1
Pittsburgh
Pittsburgh
Pittsburgh
Pittsburgh
Pittsburgh
Pittsburgh
Co
Renner
17%
5%
40
10%
10%
10%
331
10%
5
9%
2.729
„
1%
5
10%
1%
__
225
1.260
1%
2%
16% 16%
1%
1%
121 %
121V4 125
5%
"
5%
5%
4% O
4%
4%
665
50
loo
85
17
200
2
—
__
,
—
80c
80c
100
$2.70
5
Dec
10% Dec
2
Aug
1%
12%
1%
95
4%
4%
Feb
Jan
Jan
Jan
Feb
Dec
65c
;
May
Oct
Aug
Steel
Laclede
Midwest
—
Dec
Dec
May
Dec
Jun
Mar
1.00 Jun
23
300
Sale Price
STOCKS—
Par
Steel common—1
Algoma
*
—100
Preferred
Aluminium
*
Ltd
Aluminum
Asbestos
Co
of
Can
—100
•
pfd
Corp
Power & Paper class
Bathurst
Bell Telephone
Range
High
Low
14
10b
9
Jan
16
Dec
100
89
Jan
98%
553
Sep
101 %
96%
Jan
102
Dec
18% May
24
July
22%
'
1,099
14%.
21%
161"
85
376
99% 101 %
101% 102
1,400
101
162
Brazilian Traction Lt & Pwr
*
21%
22%
2,000
British
•
21
21%
300
Columbia
Class
Power
Corp A——
13%
Jan
151% Mar
20
Sep
19
Nov
Dec
16% Mar
164
ENDING DECEMBER 22
:
0
.
Jun
24
*
Mills—
2%
2 Va
100
1.85 May
3%
Jan
11%
11%
285
8
Jan
11%
Dec
18
18%
406
Building Products class A
,
Bulolo Gold Dredging————
*
;_5
Canada Cement common
j.
18
»
9
Jan
20 %
20% May
50
1
15%
Jan
7;o
18
9%
15%
6%
Jan
July
v.;.
.
•
\
9%
——-_10o
Canada
Northern
Canada
Steamship common
5%
preferred
Power
•
•
...50
—
118
6%
119
15
103 Va May
5
Aug
Canadian
Breweries
•
common
Preferred
40
220
Jan
43
Sep
55
5
Jun
10
Dec
50
1C
Feb
12%
Dec
Feb
24
Heating
&
Products
9%
Anr
12%
Feb
90
31%
Jan
40 Va
Dec
New
Celanese
Canadian
Cottons
Ind
Canadian
Class
Alcohol
common—
45
258
39
75
•
11%
12
2,861
27%
28%
25
Jan
28%
Dec
*
common
new
44%
45
315
36
Jan
47
Dec
27
27
405
26
Ort
27%
Oct
100
common—*
—
Canadian Pacific Railway
6%
6%
6%
6%
17%
25
;
Locomotive
*
_*
B
Cockshutt
Jun
Mar
45
38
25
preferred
Canadian
Canadian
8%
45
*
Canadian Car & Foundry common.
12%
,18
'13%
1,190
280
54
460
7,548
8
5 Vs
Jan
39%
—
1.110
17%
125
Apr
12
Dec
Feb
6% July
Jan
7
Dec
Jan
74
Sen
10 Vs
Jan
14
July
*
13%
13%
300
11%
Jan
14
..ft
;
Smelting
49%
50
805
39
Jan
55% July
32
32%
400
27%
Jan
33
Distillers
Dominion
July
Coal
Dominion
Dairies
145
33%
Feb
42
Dec
460
23%
Jan
31
Julv
12%
13
440
11 Vs
25
&
>
Steel
;
Textile
25
—
Ltd—
Chemical
&
-■—*
common—*
100
—
*
common——
100
:
—
For footnotes
see
page 2787.
Oct
14
;_*
Dec
40
43%
9%
Dec
Nov
435
22
17%
22
■
32
Jan
44
Mar
45
9%
5% May
Dec
Oct
27
50
27
17
Mar
25
Dec
25%
Dec
Jan
12 %
Nov
25%
10
11%
100
9%
13%
135
9
Feb
13%
Nov
34%
.112
31
Jan
35%
Nov
$1,000
97%
Feb'
101%
Sep
Sales
Range
for Week
of Prices
Shares
Low
Range Since January 1
Low
High
50c
175
50c
150
8
High
60c
Nov
12%
May
14%
Oct
Sep
4%
Jan
7
Dec
3%
Jan
5
Nov
50
4 • '
4
5
20%
*
_.
••
7
21
245
14%
Apr
21
Nov
10%
10%
■yVV 117
8%
Jan
16%
Nov
*
5%
—
•
Wares common
New Preferred
Goodyear Tire
Gurd
200
99
17%
1,110
65
85
100
Jan
Dec
17% Aug
11% Mar
100
105% Nov
Aug
Inc
55
Dec
7%
7%
7% Mar
8
Jan
•
8 3/»
9
405
6%
Apr
9%
Dec
*
pfd
(Charles)
'
99
16%
104% 104%
ion
preferred-
General Steel
5%
5%
445
5
May
6%
Jun
55
50
1927
common
Gypsum, Lime & Alabastine
55
:%■:
1
75
53%
Jun
.<
Hamilton Bridge
Smith
Howard
10%
Preferred
Hudson
__
•
common
10%
510
Jun
10
•
32
July
of
Can
Bronze
common —5
100
„
Petroleum
Power
13 Vs
13%
1,455
12%
12%
562
10%
Jan
10
96
Mar
Apr
15% July
13 Vs July
100%
Nov
Nov
Co
18
18%
205
12
Jan
18%
29
30
205
22
Jan
30%
Dec
31
31%
2,817
Anr
35 Vs
Jun
22%
24%
3.015
14%
Apr
24%
Dec
•
.15
Paper common
International
445
*
_
International
30
lUti
25
common—.
Preferred
61
12%
'
-
Tobacco
Dec
Dec
26% Mar
3,715
100% 100%
*
Jun
22
112
22
112
30
...
Bay Mining
13
Jan
K'2 Mar
13%
20
112
Paper
s
Ltd
20%
_.
21%
1,770
19%
Apr
223/4
Jan
29%
*
common..
J
31%
1,155
20
Jan
31%
Dec
26'A
40
23
Jan
26% Aug
'
Lake of the Woods common
Preferred
Laura
815
4%
Mar
10%
Dec
27 %
50
17%
Apr
27%
Dec
25
25%
25
22
Apr
26 % July
2,229
—
——_
—
preferred.
_.
25
_
*
Massey-Harris
McColl-Frontenac
Mitchell
•
Oil
*
(Robert)
.
_
100
*
Nov
145
1
135
Jan
16
20
13
Jan
16% Nov
16
16
45
10%
Feb
16
8%
8%
24
132
8%
1,707
9%
2,435
26%
195
8
6%
16
Feb
9%
Nov
Jun
Oct
9%
Jun
Jan
27%
Jun
135
Nov
132
25
126%
Jan
Telegraph
Montreal
Tramways
Breweries
common
National
Steel
40
18%
Apr
23%
36
Jan
40
Corp
.
Dec
Dec
Dec
„
*
*
•
Noranda Mines Ltd
21%
23
5,084
40
40
20
25
Montreal Lt Ht & Power Cons
Montreal
Car
145
145
16
100
—
Secord Candy
Legare Ltd
26%
27 '/a
183
19 Va
Sep
29
38
39
731
33
Jan
38%
18%
19
1,830
13%
Jan
19
Dec
50
51
955
48%
Jan
60
July
27%
275
Dec
Jan
10%
9%
Preferred
Dryden Paper
41
30%
27
& Coal B
Stores
Preferred
Dominion
40
30
common—
Foundries
Tar
*
—
Dominion Steel
Dominion
I
common
preferred—
Preferred
Dominion
Dec
•
Seagrams
Bricure
Dominion
Dominion
_*
28%
Apr
Jun
100% 100%
—
Gatineau Power common
National
Glass
Consumers
16
12% May
15
13%
•
Montreal Cottons preferred
Plow
Consolidated Mining &
Jun
Nov
27
5
Dec
23
34
.
Int Nickel of Canada common
Jan
17%
Feb
7
'■
Foundation Co of Canada
International
325
Jan
Dec
Apr
12
28%
v
11 Va
-
_
..
Industrial Acceptance Corp pfd~_
3,785
5 Va
38
13
50
17%
25%
31 Va
a
class B
Jan
7%
32%
34
100
38
20
12%
9
11%
41
35%
Oct
Dec
24
12%
27
_
imperial
40 %
1,295
Jan
Nov
10
50c
Imperial Oil Ltd
11%
8%
7
Dec
2%
21%
9%
Last
Dec
40
8
Apr
450
22
Sale Price
Dec
9%
*
;
Dec
45c
50
2
.
"9%
Corp
International
Canadian Bronze common
46 %
177
46%
42%
22
■
119
'
Preieri. 1
48
100
Jan
—*
B
Silk
15
110
15
27%
Hollinger Gold Mines
Bruck
Jan
10%
•
\
...
English Electric
Nov
24%
11% Aug
17%
20
5s—1959
1st mtge
Dec
98%
Dec
Jan
6%
LISTED MARKETS
Enamel
Range since January 1
Low
High
Nov
36%
28
38
common——_1
common———10
15
Serv
Pub
Louis
St
Electrolux
1,015
16
98%
14
A
Co of Canada
Shares
Nov
17
Feb
75
95
17%
Par
for Week
95
Jan
20
Fuller
East Kootenay Power
of Prices
13% Nov
Jan
12%
—-——*
common
Montreal Stock Exchange
Last
Jan
75
16%
Week's
Friday
11 %
39%
-5
STOCKS—
Sales
Aug
15
36%
21%
39%
:—-—25
Inc common
.
Week's
27
Bonds—
•
Funds
Dec
8% July
Feb
36%
2
Wagner Electric common
RANGE FOR WEEK
Canadian
Jun
12
46%
common——
•
common——v—10
&
Baer
5%
15
& Supply com
0
Cement com——25
Sterling Aluminum
Stix,
33
-.
Nov
Dec
49
Feb
10%
10%
Candy
Inv
Jan
23%
100
13%
•
Aug
Aug
4%
40
16%
Bearing Metals common.;—*
Securities
2%
16%
1%
125 %
6%
5
125
-si
93
—20
National
Scruggs-V-B
100
24'A
13
*
*
National
Car
7
/
93
V-
*
common
Piping
Louis
7
24%
«■—*'
Missouri Portland
St
32%
9
Apr
2% Mar
10
Landis Machine common.
Sep
July <
Nov-
CANADIAN
.
100
—
Monarch common-:
preferred
Knapp
17% Dec
4%
20%
5%
20%
11
.
Key Co common
Dec
3% Jan
6% Jan
50c Jan
995
18 %
Jan
15
3% Jan
15% Apr
7% Jun
100
5
18%
.
13
3% Dec
16% Jan
588
20%
4
5
„
4%
20%
20%
—1
—
—
McKinney Mfg
National
16%
—
—
Gas
Star
15
10
Walker Refractories-
Mountain
14
0
..
Brewing
Pitt
Harbison
14%
Electric common-—•
Oil
Fort
28%
*
common
Gas
Devonian
28%
48
13%
#♦
5
10
International Shoe common—
„
•,
V':''
-
com——100
Hydraulic Pressed Brick
High
20
*
~7
—*
—
30
48
32%
*
Huttig S & D common
High
Low
5
100
1
common--——
Griescdieck-Western
4%
46%
27
1-
Coca-Cola Bottling common
Brewing
25
4%
48
1
10
Electric Co
Century
47%
4%
50
G % ' Jan
400
8%
47%
1
High
Low
47%
*
——
common
Range since January
Shares
High
8
50
_3
preferred
Equipt common———
o'/o
Bank
Low
—1
Inv common
American
Jan
Sales
for Week
of Prices
le Price
Par
1% Ju}y
Jan
13%
Dec
42
Oct
13%
<
Sep
ii
2
Jan
1,249
42
68%
1% Mar
1,288
STOCKS—
Nov
Oct
15
1%
45 V4
Jun
%
225
15
__
1%
15% Aug
Jun
343
14% '14%
Par
Byers
Exchange
341/4
21%
•.'
693
Oct
28%
36%
Last
Columbia
Phone
Chicago Board of Trade
33%
1%
2, Missouri
Oct
Jan
1,259
31
1871
4th St., St. Louis
20%.
Sale Price
Co
Dec
St. Louie Stock Exchange
Jan
23%
\ I6V2 .-,16%
Friday
Blaw-Knox
31%
Apr
Aeeoclate Member Chicago Mercantile Exchange
New York Curb Exchange Associate
Chicago Stock Excb.
Dec
Nov
Pittsburgh Stock Exchange
Steel
21 Va
New York Stock Exchange
Mfg class A
Falstaff Brewing common-;
Ludlum
405
Members
Dec
1.081
.
29%
4%
7%
Apr
Established
300 North
Oct
Columbia
Allegheny
Oct
31%
30%"
35%
*
July
6,219
26% V
1181/4 118%
— »•,
Dec
30% May
Edward D. Jones & Co.
16% Aug
47% July
5%
33%
21%
36%
July
100
St. Louis Listed and Unlisted Securities
Elder
STOCKS—
9%
Sep
62 Va
5
60 Va
-
32%
,
Jan
Oct
357
7
10
Westmoreland Inc
5%
10
6%
31
Jan
3 Vs
Dec
92%
361/4
—
$3
172
11
27
12
7 A
«(f
2c
400
35
35
30%
100
8%
8%
•
-
10c
5c
Dec
33 /4
36%
v
Westinghouse Air Brake
High
Low
High
Dec
32 V«
63%
Oil
Sun
62%
Apr
43%
:
5c
1
*
•
"
3
—-—50
—50
—1
—-—— *
Corp
Reading
Feb
9%
——
Corp
Apr
21%
15%
"
—
Pennsylvania RR
18
34%
60
59%
12 %
National Power
177
220
10
Navigation————-*
Coal &
27
62%
10%
—
1
—
& Ga^ common
Range Since January 1
Shares
Dec
907/a
44'/.
Lehigh Valley RR-,
166%
31%
25%
—
Motors
Jan
Low
Vanadium Alloys Steel
19 Va July
Jan
59%
—
—13 /a
—-•
—1®
Battery.-'
14%
156
Mining
Toy
Shamrock Oil
High
31%
.
—-—.
Light
&
Power
Storage
General
Lehigh
.164/8
25 /«
preferred
Electric
598
J
Curtis Pub Co
Prior
435
*
—1—*
—
Chrysler Corp
Delaware
17'/a
16%
1°
Asphalt Corp—*—
(E G) Mfg Co common
Barber
Low
163% 165 Vs
16%
Range since January 1
High
Low
"■■Par
San
Shares
of Prices
Sale Price
STOCKS—
Par
for Week
for Week
Range
of Prices
Sale Price
Sales
Week's
Friday
STOCKS—
Sales
Week's
Friday
Philadelphia Stock Exchange
7%
8
14
14
12%
12%
Products
'Ottawa Car Aircraft
common
*
5
28
Jan
14%
Dec
Ottawa
Electric
8
Jan
13 Va
Dec
Ottawa
Light Heat & Power com—100
104
Apr
111%
Dec
72
-72
205
68
31
155
605
Apr
Feb
6% May
74
Feb
164
Nov
9%
Dec
—
Rys
Preferred
.100
Page-Hersey Tubes
Penmans
common
Preferred
—
15%
*
Apr
9
9% July
26%
170
*
7
35
9%
Steel
50
111
8%
•
100
Preferred
Ontario
915
111
161% 161%
Ogilvie Flour Mills common
-
———
8%
98
170
70
16
125
5%
28
8%
98
400
13%
4%
Feb
27%
Sen
Feb
173
Dec
Jan
17
Jun
Feb
5% Mar
25
2-4
Feb
28
Dec
480
7
Jan
9
Mar
100
86
Jan
98
93% July
*
102
103
145
_*
58
58
15
142
142
—100
23 Va
161
1
49
130%
Dec
103
Dec
Apr
60
Nov
Feb
142
Dec
THE COMMERCIAL &
Number 4345
160
Volume
LISTED MARKETS
CANADIAN
FOR WEEK
RANGE
■
Week's
Friday
Development
Ltd common—
& Co
Price Bros
5 %
preferred
Provincial Transport
6%
535
2,935
19
Jan: 1
55
93
Jan
101
7,650
8
Jun
!10
170
12
May
15
Dec
100
9
~
Jan
12
Dec
10
99
!
Jan
100
9%
9
.
Quebec Power
Preferred
15
15
•
—
12
11%
Rolland Paper common_„„_„^.„-<'
105
105
—lOu
105
105
120
3
1.850
2%
Corp common
—"
preferred——
50
St Lawrence Flour Mills common
*
Preferred
—100
St. Lawrence Paper preferred
100
Shawinigan Water & Pow«r
»
Sherwin Williams of Canada com
9
142
—100
145
A
Class
Preferred
Breweries
Sicks
Steel
Weston
% May
18%
Dec
15
Feb
22%
Dec
25
128
145
145
Feb
'
•
115
108
115%
7,837
1i%
11%
170
*
69
69
85
u—25
76
76
110
Dec
11%
Dec
69% Aug
Jun
76,
Jan
'•
%
Joliet-Qucbec
Dec
13
Jan
3%
Dec
Pato
4
50
98
10
78
Jan
98
Dec
59 %
59%
15
50
Jan
59%
Dec
Steep Rock
73
50
57%
Feb
Nov
400
20%
Jan
22%
NOV
Wasa
21%
'18%
18 %
10
15
Jan
19%
100%
386
5
-
100%
Iron Mines
68c
7,150
42c
Mar
61c
64c
12,567
56c
Dec
1.50
1.49
1.57
2,500
2.25
Dec
4.35 Aug
2.25
2.35
2,300
1.26
Oct
1.95 July
1.11
1.20
4,500
Ltd— —-1
Mines
50c
Gold Mines
Lake
——
—
67
67
27
62
Jan
69%
Toronto Stock
Oct
22
22
40
18%
Feb
22%
Sep
Notes—
$7,000";
49
'
48%
50%
Sep
Feb
Abitibi Power & Paper
Banks—
Commerce
new
10
„.
14%
17 3
28%
28 %
50
10
Scotia new
15
15%
1.165
Royal new
—
1,061
8
Sep
15%
Sep
6%
Dec
15
Sep
7%
15%
17
10
—10
Montreal new
Nova
1,865
14%
14
51
15
15
14
Sep
14%
.
Sep
Oct
Aldermac
Sep
9
Ltd
Area
Last
STOCKSPar
& Paper
Power
Abltlbl
6%
7%
100
Dec
pfd..100
Jan
101%
5%
Canada
Dec
Feb
80c
Dec
Brewers &
3
2%
3
6,43d
46
48 Va
1,400
123%
135
445
3%
3 %
75
135
Ltd Bl__9
Paper Co
■
Co
Brown
common
Preferred
-
—
Calgary Power Co Ltd 6%
Canada
Sugar Co
Dominion
St
Northern
Power 7%
pfd
Mar
23
Jan
2.30
1,505
43%
771
99%
■—
—
Claude
common—,'^i
—
2
1,300
100
Preferred
Dec
Dec
166
Aug
1.85
1514
Jan
70c
May
50c
Apr
2% Mar
Mar
814 Apg
4% May
7
Jan
145
4
Oct
52
15
40
Jan
6714
Jun
2,115
2
Feb
614
Dec
105
107
25
93
Feb
11
11
100
10
Sep
12
Jan
38
70
12
Aug
43
Dec
52
5%
■
3%
1,270
6%
6%
so
15%
15%
10
3 "«
3%
,'s9
2%
614
107
3% July
Jan
7% May
Jan
Jun
15%
Jun
15c
Jan
50c
Jan
13
Dec
100
9
8%
9%
•4,332
——9
55c
55c
200
—0
—__9
2
2
25
1.50
15%
15%
100
13%
Oct
190
28%
Jan
8%
Consolidatdti Paper Corp Ltd
9
1
514
9 %
Jan
100
Dec
55c
Frere Ltd B
&
Dominion
Malting
Dominion
Oilcloth
—;
Dec
Apr
Woollens
Paper Co
«>onnacon:v
"
Ltd
Ltd
Fleet
Aircraft
Ford
Motor of
.—*
*
_
Canada Ltd
A
3914
Nov
5
55
3%
Feb
5%
Dec
81/2
377
3%
Feb
8%
Dec
Massey-IIarris Co Ltd 5%
common...9
pfd——100
Limited common—9
Preferred
—10
Minnesota & Ontario Paper—
9
Moore Corporation Ltd
9
Mount Royal Hotel
9
Power Corp of Can 6 % cum 1st pfd. 100
6% N C part 2nd preferred—.—.50
Quebec Pulp & Paper pr
.
—Grain
1
Preferred
Co
Ltd
Feb
15
Feb
3
4
Jan
3%
200
26
605
23%
Apr
26%
Jun
50c
200
25c
Feb
65c
Nov
36%
2,006
20
Jan
38
Dec
10
96
34%
36
May
Nov
100
Sep
100
—
100
5%
5V8
25
214
Jan
6
Dec
27
—
28
393
19%
Aug
28
Dec
90
16 %
Jan
24
Jan
2414
Dec
22%
23%
11%
11%
12%
3,550
21%
21%
22
2,015
3%
3%
225
725
••
9%
9%
80
11%
12%
4,085
59%
9%
60
65
5;
12%
.
Jan
22 % May
1.50 Mar
3%
714- Jan
10%
Sep
13
Dec
Jan
60
Dec
4
_
16
■
—
22c
——"
.
"!6i'8
133
100
21
91%
32%
65
32%
40
40
16
16
93%
„
225
•
55
20
10%
94
15
90
104% 104%
29
103
22c
8,383
21c
Dec
10
32%
■'
Dec
46%
6%
17c
Aug
6%
Dec
Jan
100
Dec
39
Apr
43
Dec
22%
Jan
July
Dec
May
Dec
"98
Sep
106% May
May
30c
Sep
Mar
34 %c
Oct
18%c
Apr
Nov
58c
Mar
1
8%c
Jan
31%c July
1
37c
Oct
71 %c Aug
1
28c
Apr
Ltd
'
——1
Bankfield Consol Mines
Bank
of
Montreal
Bank
of
Nova
Bank
of
Aubelie
—1
Bidgood
(Quebec)
Ltd
Kirk Gold Mines Ltd—
Bouscadillac
Gold Mines
Cartier-Malartic
Gold
Ltd
Mines
Falconbridge Nickel Mines
Francoeur
Gold
Mines
39c
footnotes
see
Ltd
Ltd
Ltd
page
16
1,600
15c
39c
Jan
Oct
39c
41c
3,000
1
1.55
1.55
600
1
39c
39c
500
22c
Aug
5c
5c
200
4c
Jan
6c
6c
6%c
4,000
4.60
4.60
4.60
200
60C
60c
500
1
9
9
,
For
15
1
Mines
Beattie Gold Mines
15
2787.
—
the
1.55
214 c
3.25
38c
Dec
Jan
Apr
Jan
31c
69c
1.55
64c
July
figures
sathur'fTo "n™a8s_s"x::::::::::::*
5.50
80c
•
24
Sep
May
Sep
15%
Oct
18%
26
Tn-
Sep
30
Oct
29
Dec
Oct
26
3%
Dec
not avail-
214
Jan
24 %c July
«me. we
13%
Feb
16% Mar
36c
Jan
ab.'«at
common
Ltd
Beattie Gold Mines
A...
Brothers Class
Beatty
1
Bertram
riiv%
Kirkiand Gold
Corp common
Mines Ltd
Bonetal Gold Mines
Bralorne
British
American
Canadian
Building
,
.
"
,'r
24
Dec
22
Jan
27
19
Oct
24%
July
Jan
61c
Oct
70c
Mar
5%c
»
15%
3c
Jun
July
2.24 Mar
Jun
July
1
4c
Nov
9%c
Apr
9
4 % May
7
109% May
112
Aug
Dec
!
*
100
—
./
9
6%
103
9
Power
class
43 V4
5%
Mortgage.
Jan
9%
May
117%
Dec
Dec
Aug
8% July
Oct
34
Oct
11%
Nov
145
100
53
Jan
32
_9
A
9
13 %
168
Jan
Oct
Oct
Nov
■
Wire
Cable
&
Bakeries
Class
9%
Jan
12% Mar
50
Steamship Lines common
Preferred
31V*
Jan
40%
65
Oct
71
Dec
Aug
6
July
Feb
97
Dec
Sep
15%
V/
._9
A
r
5
9
common......
Preferred
91
100
Bank
Commerce
Breweries
14%
1U
new
5
®
common
9
Preferred
Sep
8% Mar
Jan
45
Jan
Mar
9
common
preferred
Car
40%
.
Dec
Foundry
preferred
New
Jan
16%
Dec
22%
Jan
25%
Dec
12
Jan
18%
9
&
Old
8%
20
Canners
1st preferred
common
preferred
.
■
Dec
Apr
12
Dec
25 %
Jan
29
Nov
24%
9
Jan
28
Mar
8
.
25
25
—
.
.
•
Alcohol
Canadian
Industrial
47
Dec
15
Jun
23%
Dec
9
44
Mar
ei
Jun
35%
9
common
Dredge
Canadian
Jan
,_9
Celanese
Food Products
Canadian
11
Jun
Jan
July
25c
....___
Permanent
Canadian
5c
May
B
Canadian
21
18c
•
Packers
Canadian
9%
Sep
1.70
•
100
Canada
Canadian
Jan
8%
9
—
Jan
6.20 July
Sep
Northern
Canadian
1.40 May
98c
Jan
9
common
Canada
Canadian
Mar
21
■
•
—
Canadian
Nov
Mines
Malting
Canada
Sep
Jun
8%
Gold
common
Canada
Canada
14%
24%
3.55
Mines
Canada Cement
Class
Jan
Sep
8%
__i
Bread
Canada
Apr
Aug
11%
20
:
28 %c
Dec
14c
'
Feb
17 %C Aug
6%c Mar
.
9
Calmont Oils
A
Jan
10
Mines
Cttigarv & Edmonton Corp Ltd
Class
Nov
67c
1
Ltd..
Mines,
Products Ltd.
Bird
22%
Aue
Juiy
Gold
Burlington Steel Co.
Canada
May
7
9
A
Bunker Hill Extension Mines..
Camp
Nov
•
....
class
British Dominion Oil
Buffalo
Nov
165
•
Packers..
Power
Porcupine
33
Apr
9 %
>
Columbia
Columbia
Ankerlte
Jan
Jan
151
•
ou
British
Brovian
issnp
2.89 July
2.45
Sep
21%
5
British
Buffalo
1.31
Moil-
*
.
Distillers
Sep
22c
1
1
.
Lid
Mines,
&
next
1
9
Brazilian Traction Light & Pwr com
Brewers
our
J 0
Ribbon
Boojo
in
9
& Sons
Bidgood
Blue
full
100
5
of Canada
Bell Telepnone
were
publish them in
Will
1
Radium
Exploration &
Bear
A
Locomotive
com
5%
9
6%
Jan
July
July
21
Jan
71
9
60C
Anr
85c
Oils
Canadian
9
Malartic
Canadian
9
18% May
21%' Jan
10 %
14
common
Pacific
Canadian
25
Ry
Jan
Jul"
Julv
Canadian Wirebound Boxes
9
18%
Feb
22
Nov
Castle
1
90c
Feb
1.26
Aug
Tretheway.
Central
Patricia
Gold
Central Porcupine
Chartered
Trust
Mines
8%c
1
Mines
and
1.62
1
94
100
Executor-
1
Chromium
Mining
Cochenour
Cockshutt
Jan
Coin
Wlllans
Plow
Gold
Mines
,
Commonwealth Petroleum
National
Coniagas
Mines
17c
Jan
4%
-.'
48c
Jun
Mav
Oct
Jan
Mar
1.72
Feb
1.26
Mar
2.00
July
1.57
Jun
3.30
11%
Jan
14
Sep
July
15 %c
Jan
5ic
Co
Ltd
1.15
1
9
1
Collingswood Terminals preferred
Conduits
105
1
Mines
Smelting
Co
Sep
21c
Jan
Mar
9
&
Lake
Sep
2.50
Jan
3% May
9
Research
Dec
1314c July
•.
if)c
———9
Bread
Barkers
Aug
1514c July
10%
heavy
mail
^nrisimas
mail,
10ronto Stock Exchange
10
:
to
Christmas;
10
new.—
Toronto
Bue
10
new
Scotia
May
4.40 Juiy
s
Chpsterville T.arder Lake Gold
;—9
Ltd
Corp
Copper
1.04
Jan
3.20
1
*
Chateau Gai Wines.
Mines—
July
Dec
7c
26c
16 %c
■;
,1
Chemical
Aldermac
1.18 Aug
—1
Gold
Aumaque Gold Mines
Gold Mines
Conv
13% Dec
96%
t
'
5% May
19%
Jan
55c
1
Aunor
Dec
18
22
23%
22%
pfd—100
Investment
Southmount
7
Nov
50c
——9
—
—
Southern Canada Pwr 6% cum
Feb
10
3%
9
common
6
25
25%
Melchers Distilleries
Reliance
Dec
200
3%
Corp
Maple Leaf Milling Co Ltd
11%
Apr
3,205
6
15
'
Foreign Power Sec Corp Ltd
9
Companies. Limited.—.
9
Freiman Ltd
(A J) 6% pfd
100
International Paints (Can) Ltd A——9
com——♦
Lake St John Paper & Power
:_.i—9
MacLaren Potter & Paper Co
1
*
714
11%
6
—
25%
Fraser
Utilities
38
15
—
'
International
Dec
His
11%
—9
Kootenay Power 7 7c pfd.—.—100
Drummond Realty Corp...
East
15%
■
8
37%
—m
9
—9
common
3% May
Jan
5
*
Linoleum
&
Dominion Square Corp__
Dominion
15%
8.05 July
1
Preferred
David
5.75 May
Dec
10
50c
12%
50c
Dec
15
12%
2.50
—————...
Cub Aircraft Corp Ltd—
24
Jan
15
6%
5%
6
———————*
A
Preferred
1214
4%
■'
100
1
100
Ltd."1
Consolidated Bakeries of Canada
Class
50
4
——r——.—o
Alcohols Ltd common
Commercial
8% July
Dec
r?
Dec
Nov
Dec
May
-
; Feb
99%
10
55c
Dec
Nov
14-5
6%
General Advert Ltd
Neon
24%
51%
Jan
73
3
55c
•
107
Jan
20
4314
110
10
1.85
"•
43%
Aug
100
10
10
Products Ltd common—*
Catelli Food
104
Jun
2.40 July
May V
•
Dec
2714
36
Ifo
_
25
31
Apr
24
Apr
159 159%
.
—_*
Vickers Ltd common
preferred
Cassidy's Limited
7% preferred
1.467
,
1.55
21%
21%
■
.
Canadian
200
12'%
9
preferred
y/c
1,125
51
85
.—1.00
Canadian Power & Paper Inv Ltd com *
25
24%
50
12%
Company.100
Marconi Company
Canadian
20
50
—
.—
Canadian Light & Power
361
—
i.V-,
8%
Feb
7%
50
24
24%
Malting Co Ltd
Canada
Vh Mar
8 Va
105% 105%
*
9
100
Canada Vinegars Ltd—
*
Canadian Dredge & Dock Co Ltd——..♦
Canadian Industries Ltd class "B"—*
Canada
Dec
4
42%
100
pfd
135
2.25
43 Va
Nov
Jan
2%
25%
8 Vs
—*
1
100
—
52%
Jan
60
25%
*
Packers
Columbia
4% July
Apr
Apr
23%
Distillers of Vancouver Ltd.5
Oil Co Ltd
•
British American
British
2V4
27
58 %c
•
High
Low
High
July
Sep
Mines
Aubelie Mines
Range since January 1
Shares
47%
100
100
Power &
Bathurst
Low
•
common
preferred
preferred
Sales
for Week
Range
of Prices
33c
Apr
84
Astoria Quebec Mines
Week's
Friday
Sale Price
May
96
Mines Ltd
Gold
Armistice
Funds
14c
15c
Ltd
Porcupine Gold—
Gold
Arjon
Nov
125
•
common
of
Nov
52%
Apr
Oct
Kuronian
Aquarius
Curb Market
Apr
7c
Co.
Aluminum
4% July
Jan
58
*
Aluminium
Anglo
2%
27
100
100
Copper
18%
15%
Oct
High
Low
High
Low
1
Range since January
Shares
Oil
&
Gas
Acme
30
Oct
26
for Week
of Prices
9
common
preferred
preferred
Anglo Canadian Oil
Canadian
Dec
1.40
Aug
Sales
Range
;.f
Sale Price
STOCKS—
Par
10
70c
Exchange
Week's
Friday
49
—
Dec
74 %C
Funds
Canadian
•
Canadienne new
Dec
1.25 July
64c
Last
Power
5.20
Jan
56c
1
^—
Jun
Bonds—
Montreal
3,055
Dec
4.35 July
Jan
1.38
3.40
1
.,
7% Mar
—*
—
May
1.08
Dec
130
Sep
i.
100
'
—
common
Dec
103
100
6%
5%
77
Feb
100%
235
105% 105%
*
.
Julv
18c
Dec
1,0.00
5.00
15c
Jan
Dec
100 %
*
———..—100
4.000
2.05
5.20
Ltd
Ltd
Mines
Consolidated
Sullivan
73
21%
80c
2.05
Jan
80c
10,500
90c
3c
4%c
8,500
8c
90c
July
6c
Jan
a
Gold
Siscoe
7%c
2.05
1
—
Ltd
High
Low
lVaC
500
7 V2c
8c
0
Stadocona
98
—.———■
common
7%c
__
1
1
Range Since January
High
3V2C
1
Gold Dredging
Cons
*
—
Low
3 Vac
Ltd..
Rand
Mines
Gold
4
5% July
Shares
1
Ltd
Mines
Goldfields
Louvicourt
O'Brien
10%
for Week
Par
■
Gold
Kirkland
.100
common....,
1.
115%
Jun
Feb
69
210
12%
May
8%
Sales
Range
of Prices
■
Consolidated Gold Mines Ltd-
J-M
12%
——
-
"•
.
STOCKS—
9
& W common
•
'
•: •
63
Week's
Last
Sale Price
Friday
Y
Nov
Nov
.—9
Toronto Agent:
Lampard, Francis & Co., Ltd.
(M-MC-TR)
Oswald & Drink water
S. R. Mackellar & Co. (TR)
Nov
.—
Telephone—WHitehall 3-0852
Montreal Correspondent:
Toronto Correspondent:
Oct
65
13
no
16%
——
G
'."..•I.;
Apr
3,670
22%
25
Preferred
Ltd
18
•22%
*
(old)
46%
270
58%
17%
Jan
;
Winnipeg. Electric
Zellers
57
Jan
preferred
Preferred
Dec
11
.
Geo)
l
New
142
21%
_
(Hiram)
Jun
100
——
Preferred
'
135
5
142
200
Biscuit preferred.
Walker
July
16
—
Wabasso Cotton
Oct
35
23
Steel Corp
United
Viau
22
Apr
16
Preferred
Tooke Brothers
Apr
32
22%
Canada common
of
Co.
13
Street, New York 5, N. Y.
30 Pine
3% July
2% Mar
___9
Southern Canada Power
Market
Dec
————100
preferred
Simpsons
105%
'
——
—.
& Sons common—.!
(H)
Simon
Willis E. Burnside & Co.
NoV
105
Feb
Retained by Us
of Wide Canadian Experience
American Engineer
Dec
75
33%
33
——
——
"Blocked" Securities
For "Free" or
Dec
Aug
'
910
19%*:
18%
.
~
;
36%
Member Montreal Curb
Lawrence
dt
'
.—100
——
Power preferred
Saguenay
6%
35%
100% 101
J.00
:
Jun
8
Jun
5%
and Industrial Securities
Commission Orders Executed in U. S. Funds
Jun
32%
9
•
of Canada—_.
Corp
Power
15%
Jan
11%
100
12%
Canadian Mining
High
LOW
High
12%
1
—
1
Range Since January
Shares
of Prices
Low
Par
Placer
DECEMBER 22
ENDING
Sales
for Week
Last
Sale Price
STOCKS—
2785
FINANCIAL CHRONICLE
5
.-
9
1
—4.-5
<3
29c
5
1.15
Sen
Nov
5
Dec
May
38c
Dec
May
7
Sep
Dec
Jun
1.75 Aug
Monday, December 25, 1944
2786
LISTED MARKETS
CANADIAN
:ii.nii:ujaii!iimiui:
*
Ranjje
srM
Mines
Coniaurum
Consolidated Bakeries of Canada
&. Smelting
Mining
CuiiMMidcuea
Dairy Corp common
Distillers
Seagrams
Ltd—
Mines
Donalda Mines
B
Class
;
Preferred
—
Kirkland
Federal
Fleet Aircraft
Ford
Power
Gatineau
st e
Mining—
Gate
Golden
Co
Mining
Goodfish
——
Rubber common
Goodyear Tire &
Grandoro Mines
preferred
Lakes vtc
Great
Preferred
Saddlery Co Ltd coni
Preferred
Mines
Gold
——
Hamilton
Bridge Co—
Hamilton
Cotton
-——
■'
■;
.
Mining & Smelting
Bay
Hunts Ltd class A
Class B
Feb
10
Okalta
Jan
4
Feb
July
Oils
—
8.20 July
1114
Dec
Gold
Perron
Jan
100
Dec
Poweli
92
Nov
103
Dec
Power
Feb
17% Aug
Premier
Gold
10% July
Pressed
Metals of
Dec
55c
Dec
Presron
Jan
13c
Oct
Purdy
3%c
Nov
8c
43c
Aug
Queenston Gold
38C
Jun
Mar
Jan
1814c July
7c
Aug
East
Gold
Rene
Sep
Rouyn
57
Dec
Royal
714c July
Feb
1214c Aug
57/s
V"
Dec
Feb
Oct
13
40c
July
9%
Jan
Dec
Class A
San
:
—
Sand River Gold
Senator
Kirkland
Jun
Sigma Mines-
Nov
Silvevwood
Nov
Dec
1.29
Jan
4%C
Feb
9c
Feb
Class
Oct
47c
Jun
75c
Nov
51c
Dec
July
15%
15%
10
18%
Jan
13
May
2.80
3%c
Slater
Dec
July
5c
Apr
26% Mar
July
July
Gold
Mines
Paving
oi
12%
Apr
Jan
9%
Jan
13% July
Dec
Sullivan
14
6%
9
Jan
15
May
97% May
106
Oct
106% Aug
113
Contact
Dec
Mar
Apr
37% Nov
19%
Apr
23
1
5c
Feb
Jan
Lake
Gold
Lamaoue
Leilch
Class "B"
&
Maple Leaf
2.75 July
Jan
6.75 Julv
Jun
Lake Gold
17
Jan
1.45 July
Apr
1.60 Sep
90c
Jan
21%
Feb
28%
8ep
22%
Jan
26%
58c
Oct
1.09
Dec
Jan
4.50 July
2.12 May
2.95
1.60
Jan
2.42
Sep
Oct
4.25
Jun
I%cMar
3c
5%
12%
Apr
common
t>+r<*prr orf
Feb
19%
4%c
Apr
11c
7%
Feb
20
Massey-warns
13
1
*
1
Preferred
A
Oil
FrontenaC
19%
McDougall
Segurs
Ren
McKpozie
102
100
-
Mclntyre Porcupine Mines
McLellan
6%
*
common
Preferred
l.nke
——_——*
_5
McMarmac
Red
McWatters
Gold
Lake
9%
22
Jan
Dec
For footnotes see
Gold
page
"
'
9%
Apr
Jan
Jun
55% May
—
2787.
Fuel
United
17
Nov
Sep
4.00 Julv
Apr
79c
Aug
13
Jan
112'.'a
Jun
30
Jan
111
15c
fhj,
35c
Mar
13
Apr
88% Mar
12%
40c
-i.——*
A
4—
—
;
Oils
United
6%
*
^50
-r25
;
-
class
Class B
32%
5
4%e
i-'4
—*
—
Jun
Nov
Sep
Aug
'
i
19%
Dec
Aug
Dec
101
Nov
16
Dec
Jan
1.35
Mar
—
Ventures, Ltd-.
Vermilata
Waite-Amulet
•
—1
———1
Mines.,
&
J
Worts
:
j',
4L"'
f)
com—a*.*;
^
Ltd.^--
«.*•
Preferred
Wasa
Lake Gold Mines
West
Malartic
New
May
307
.
8c
63
Jun
Sep
Dec
July
1
3%c Aug
12c
Sep
55c
Apr
15c
Mar
40 %C
July
1.80
Nov
7%C Nov
—
Lid
Preferred
Dec
—4———1
--.1
12e
Jim
Oct
Jan
Jan
6c
17c
4.50
57%
Oct
Aug
19c
Jan
May
24c
Mar
5.45
Jan
feb
July.
78
Nov
22 %
•
Nov
'
Aug
i: "1.44
Dec
80c
Oct
2.00
Sep
6
7.% Dec
8
Nov
Dec
Dec
—
James
pfd—
95%
417a
Dec
Jan
20%
Nov
Feb
108
100%
Dec
Jan
100 %
4c
———
Jan
Nov
104
5,
——•
75
15
——_——
&
Dec
37 %
—100
—.—--
——,———*—..
Alexander
Dec
13% July
4% July
Flour Mills corn-
—
Dec
Nov
5 %• July
2.96
20% Mar
£
Wiltsey-Coghlan Mines --i
—Winnipeg Electric common.—
Wood
6%
-60c
common.—------
preferred
Preferred
48
-
—
preferred
Westnns
New
—
Canada
New common
Preferred
Jail
Feb
3
1
—;
———:
Wolker-Gooderham
Western
9
1.96
—1
—
;—-
Oils
Oils
Jan
6.00
Steel
Vulcan
Jun
1.34 May
■
1.94 July
59%
—
—
Union Gas Co—
Oct
1
—
Mines—
5c
.
Jun
July
2.9/0 July
Oct
85
.4-*
—100
;
Transcontinental Resources
July
1
Mines
Gold Mines
A
rights
8%
—1
Towagmac Exploration
Finance class A
Traders
-
McColl
Apr
24
Jan
*
.
.
Sep
3.25
common——*
Milling Co
Preferred
Maralgo Mines
Nov
Aug
7%c Mar
-
110
Nov
*
Eastern Mines
27c
Jun
3.20
6%c Jan
1
,
4.40
May
38c
.100
Upper Canada Mines Ltd
Jan
2c
1
Mines
70
77
Jan
Dec
-
Nov
13%
1
Fields
Jan
Jan
Oct
Sep
8 % May
34
2.04
1.25
II
...
Toronto General Trusts
United
1
Jun
July
-—
—
Nov
3.40
Jan
1.96
Thompson-Lund Mark Gold Mines—
Tip Top Tailors common
—-*
Preferred
10O
Toronto Elevators common
1
—*
Preferred
-50
16%
1
3
15
4%c
—
Mines
May
1
1.03
1.70
Jan
15c
-1
common
TecK-Huehes Gold
20% July
4
...
Ltd—*
Gold
Manitoba
5.70
14
Jan
•
-
Red
Malartic
14%
Jun
•
MacLeod-CocxsTvutt Gold Mines
Madsen
<
Dec
Jan
61
—1
-T1
Mar
1.20 Julv
3.50
1.51 May
80c
1
Goldflelds
Mines.
Macassa
Jan
Jan
Mar
5c
Jan
15
Ltd
Tamblyu
Nov
July
3
—
Lac Gold Mines Ltd
class A
Louvicourt
90C
80c
Apr
*
Candy
Gmr.eterias
Lobtow
12%
8.75 Mav
30c
23
68%
1
.4
Mines
Sylvanite Gold Mines
Aug
•
Mines
Mines, Ltd
Gold
Little Long
Jun
8c
1
Mines
Oro
41c
1
—
Secord
Laura
6%c Jan
Jun
1
Lang & Sons
Lebel
Apr
Jan
4%C
1
Ltd—
Mines.
Shore
3c
23c
1
Mines Ltd
Dufault
Lake
May
1
& Exploration
Mining
Labrador
24c
77c
Jan
Dec
July
1.25 July
5%
i
Mines—.—
Mines—
Cons
Oct
113
Jun
25% July
Jan
99
July
1.00
5414 c Feb
Sud
Aor
2~% Feb
.
Sturgeon River Gold Mines..
10%
,
33%
Apr
1C%
———25
Iron
Dec
2%
44*
common—:
-
19%
Steep Rock
Dec
Jan
2%c
—;
Canada
15% July
Sep
Oct
10
43%
20%
-*
—-——
Oct
17%
15
Apr
Apr
46c
com—*
iT*.
—
Radio
Preferred
Dec
Jan
65c
Stcdman Brothers
Steel Co
Jmy
—
& Materials
Preferred
Sep
12%
12
Sturgeon
Standard
92c
Feb
42c
Co
Standard
1.10
105%
160
Dee
July
—
Mines
Malartic
(N)
Springer
May
42c
32-
Oct
26c
Starien
3.70 Mar
Sep
—
9c
Oct
25
————
Jan
£0c
Jun
10
4?
A
B
Siscoe
Sep
Dec
c
class
-II'
~t
———20
South End Petroleum—
-4
Feb
64c
9c
41
common
Sep
18
Jan
8.75
r*
Pr e fe rr ed
35c
Dec
8%
Ltd
10c
61c
5bc
Oct
Jun
90c
_Tl
Mines
Oct
4 45
Mar
20c
Preferred
Simpsons
Apr
2%c
,1
—4—
Dairies
3%
Jntl
5c
Jan
5c
22
13% May
Pfnrntt-uordon
6%
Feb
29% July
Apr
3.40
;1
il
—
—
9%c Mar
b%
Sep
21%
Sep
2%
13
_i
6%c Jun
17
J nil
Oct
2%c
..50
Jan
Jun
Aug
16
Sep
''
common
Nov
Oct
$
Shawinigan Water & Power.-
Gold
Nov
21c
52c
191V Jan
—i.1
Shawkey Gold Mining
—
Sheep
Creek Gold Mines.——
28
Lake
*'«• '*''•
Mining.
Ltd
Rouvn.
*'•'
—
;
:
6c
Apr
14%
io
Mines Ltd.-
Gold
Antonio
Jan
—
•;
Lawrence Corporation
Dec
Jari
Inc....
Co
Jan
35c
Jun
18
Russell Industries commonl
Anthony Gold Mines
14
.,1
._2Q
Mines
St
51%
Mar
Oil
.35o,
Feb
64c
May
7c
il
Aug
25
1
Aug
4c
.4—_4i
—
Merger Gold
24 %C
i
2.92 July
Jan
20c
il
Ltd
Mines
St
108
Bay Mines..
Hudson
Nov
44c
Sep
17%c Ja.i
*
Dec
Jan
1
Kirkland
15
Jail
25c
I
1
Jan
28
Jan
Mines
Dec
29
May
Jun
Gold Mines
Keri-nrioisnri
Jun
1.65 July
Jan
75c
1.
Bank new
Royalite
Nov
,
Feb
7%
Mar
2.32
Aug
1.73
Nov
6%
Mines..
Roche Long Lac—
101
Apr
Dome
Mines
Mica
Feb
21
—
89c
4.50
Nov
5%
;J
Reeves-Macdonald MinesTi:
Jan
15c
•
—-—
90c
4l
Quemont Mining
7c
3.05 July
Jan
Apr
1614c May
1.33 Jiuy
Mar
1.84
Dec
5'b
2.08 May
+
Co—
44 %c Juiv
Jun
83c
day's issue.
—J
America——
5c
22
—
Mines
Jan
4
Oct
10c
Jan
28c
Dec
1.50 Jul?
14%C July
Mar
3%c
.
Jan
Nov
104
July
7c
Aug
1.07
70c
1.15 Mar
publish
our
Feb
91
We
them in
next Mon¬
20c
Dec
1
C
-
Mming
5% Mar
Aug
1
43c
Feb
j
Mines
Jellicoe
will
full in
Corporation of Canada
1.99 Mar
To-
Exchange
able at press time.
l;
B
Go-Id.
Rouvn
Pc
45c
heavy
mail,
figures were not avail¬
1
Mines
of
the
Stock
lonto
.T
Mines
Mines
to
Christmas
.i.
Mines—
Minps T.t.tJ
Gold
Gold
Pioneer
Gold
Malartic
Partanen
84
i
Mines
Jacola
Due
f
Gold—
Cadillac
Pandora
—-
Jason
Dec
Peoples Credit Securities—i—-
Mar
Mining———
Jack Waite
Dec
Jan
6%
♦
Ltd
Dec
66c
*
fi¬
ll
l*/.
Mines
Porcupine
38
4%
100
Jan
Aug
2%
1
v
Oct
4%
Milling 4r'«: pfd——100
53C
|!
—.—
Tubes
Page Hersey
Pamour
-
Paymaster Cons
14 % May
A—
•
———100
Aug
25 %e Mar
Refining
5c
Metals common
Jan
32C
40e
;
-
&
2%c
*
70c
Oct
4%. Aug
,
Sep
11
Petroleum
Aircraft—
Car &
Oil
4.30 JU'IV
Jan
Oct
17c
—*
Preferred
Ottawa
27
6%
v
Njv
40u
Gold Mines Ltd „—
il
Orange
Crush
common-———-—
80c
11
7 V:
Dec
5"»
&
O'Leary Malartic Mines
Apr
11%
Oct
1.20
Jan '
1.37
up.
Omega
Pacific Petroleums
7%c July
Apr
17C
Apr
1.20
-
Jan
8%
Oct
Jan
f
Jan
11
A
Mines
Pacalta
88
Oct
17c / Apr
87e
45c
—
Oils
Pacific
Oct
36
•
International Nickel Co common—;
Gold
O'Brien
Sep
Oct
Oct
Feb
11 %c
Jan
Jnljf
10c
-
Mines
Aug
5%
Nov
60% July
50o
Sep
6.00
39
Jan
*
Preferred
International
Nov
Apr
Dec
2.17 Julv
Jan..
5
Mines
Canada
Die
18%
Jan
—
Corp Ltd
Mining
Aug
24
4'Ac Jan
J|
——.
Sep
17c
May
14
Dec
29
v
J'tn
—
-
North.. Star Oil common—-.
Jun
5
17c
10
Imperial Oil
*
Imperial Tobacco of Canada ordinary_5
Imperial Varnish common
——*
Inglis (John)
—
6
Inspiration Min & Devel
;
1
Preferred
22
Jan
5%
Imperial Bank of Canada new
International
Oct
——*
,—
———
International
38%
Aug
11%
9
.
1
1
-.
Dec
3% May
—•
Gas.u
12
Jan
20
*
Mines
Apr
3%c
5
Oil &
2.70 Julv
6314c Aug
6%c
-
Co of Can
Gold
Nov
15c
52% Mar
Consolidated Gold Mines
Homestead
Oct
Norwiecal
Sep
13%
May
32
Jan
84%
1
Oil.,
Dec
Jan
l%c July
*
Dauch Paper
Northern
Dec
7%c Mar
•
1
;
—
Highwood-Sarcee Oils
Hudson
;
2% Aug
«
Jan
a."
—
Northland
Dec
2%c
f1
Gold Mines
Hasaga Mines
Heath Gold Mines—
howey
day's issue.
,,
1
1.
.
Mines
Gold
Harricana
Home
^PUDIISil Ineni in
full in our next Mon-
———*
Harding Carpets _———
Hard Rock Gold Mines
&
:
;—1
1
—*
4
Mines-
Halcrow Swayze
HoUinger
m
Alabastine——.—„—*
Gypsum Lime &
Hinde
fh
1
Ltd
Mines
Gold
Harker
h
—4
i
Wive
Greening
Halliwell
hlJ
—50.
.—.
Dec
8%
1.44
.
4
*
>
-
West
Gunnar
...
—-*
Common
Great
To-
Christmas mail,
Sep
59 %e
—
Norgold Mines Ltd
Pickle-Crow
1
*
r-—14
^ousquet Gold Mines—
Graham
13%
Jan
Mav
;
Mines
Oil
Nordon
Jan
4.70
heavy
Dec
33c
13V4 May
L
-
30
50
Preferred
Noranda
14% Dec
27/a
the
59%
18
Pipe Co class A.
33c
to
Dec
Jan
Oct'
9%
."
23%
-1
1
1
1
.■_?
Mines——————
Gold Eagle
Dec
914 July
Negus Mines
Feb
4c
figures were not available at press time. We
Goldale Mine
Dec
38
Sewer
Apr'
60
—.——f1
—
1
——•
_
Gold
Glenora Gold Mines Ltd
God's Lake Mines Ltd-
214
Jan
Mar
2%
—1
Gold Mines..
Rights ——;
Dec
6
ronto Stock Exchange
Giant Yellowknife
National Steel Car——
3.10
efr "w a re a" cormm o nl ~ II—- *
Gillies Lake-Poreumne
Dec
27
'Piereferred
General
1514
100
3
Due
Jun
27%
8e
Nov
19
*
common—
?99e
Apr
1.50 Nov
i
Preferred
Sep
29
—.——*
*
Exploration
Frobisher
Mar
46%
common..
National
8
Gold
Co's
Fraser
cr
——
Canada class A_.
Mines-.
Co of
Francoeur
Dec
27%
Co
Grocers
National Petroleum
36c
—10o
Dec
20c
Dec
1.66
—•——1
*
—**
——
2491
18%
Common.——,—
Aug
7c
•
Oct
Apr
Jan
36c
j,
Power—
26%
9
—*
Federal Grain common—
—
Si
10%
1.15
Parmer
Pannv
——
Heat
Muirheads Cafeterias common
National
3%
Nickel Mines.-——,——"
Candv Shops——-—1
Falconbridge
Sep
7%
-'.7'.
May
2.24
15
Mosher Long Lac_
9%
25
Insurance.—.
Life
Equitable
Coro
7
—-25
;
*
————*'■
English Electric A
Light
Sep
59c
<
74%
Knitting preferred——.
Porcupine
Apr
50c
Trust
Investment
Moneta
Oct
—
common....
July
31
—-*
Washing Machine
Easy
Economic
13% July
—,—
98
1
Mines
Sullivan
Sep
-.—
1314
*
1
,
,
Dec
19%
I7e
Gas——
14
Jan
3114 July
Oct
7
1
_
Malartic Mines
Eastern
East
-
On
Crest
Last
115
Oct
&
21%
*
——-1
Mining Co
Duquesne
Mar
12
25
*
Chemical common—*
Stores
Moore
11%
42
,
B
Woollens common
Dominion
Dec
Jun
17%
pO
■■
Dominion Tar &
Montreal
Mar
Oil
Containers
Monarch
High
L,UV
1.-75-May
Corp
Modern
Oct
—
Preferred
Mining
July
24%
v.;.
preferred
Dominion Steel class
Dominion
55 V4 July
2.84
10614 May
—
Range since January J
>
Uigtt
6
Mid-Continental
2414
5
——
new
Coal
July
Oct
Jan
33 Vb
10
25
Dominion Dairies common———*
Dominion Ponndries <te Steel com
•
Dominion Malting- common—
*
Preferred :
—100
Dominion Scottish Investments com__l
Dominion Bank
Dominion
16
May
21
Shares
Mercury Mills
Dec
90c
——100
*
Preferred
Dome
.
Mills—
Imperial
-ef Prices
Luw
149%
128
—100
*
——*
—-----*
common
—*
Conwest Exploration
2.20 Julv
Jun
Oct
38% Jan
(Toronto!
Consumers Gas
Cosmos
1.33
14%
*
*
,_3
_
for Week
Range
7
Sale Price
High
Low
High
Low
Par
Vtast
:
Bang* since January 1
Shares
«f Prices
Sale Frice
STOCKS—
Sale»
6TOCK8-
Sales
for Week
Week's
Friday
Sep"
60%
Jan
20c
Sep
T>c
Mav
'
LOO
100
Wright-Hargreaves Mines.—a—-
(Continued on page 2788)
87
2.95
May
Jan
7% Mar
69%
110
Oct
Dec
4.50 July
Volume
2787
^ THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4345
160
OVER-THE-COUNTER MARKETS
'
Quotations for Friday Dec. 22
For
Investing Companies
Bid
1
Aeronautical Securities
V-''-
Boston
Broad
102.77
33.02
16.55
18.14
3.30
Christiana
46%
,r■;
5,61
mod
AA
Series
ACC mod
:-
D
Baton
,
Aetna
voting shares-
_25c
1
8.07
8.72
7.98
5.11
5.66
6.58
7.34
American of
7.39
8.13
American
Low priced stock commonPreferred stock series
3.71
4.20
American
Reserve—
8.18
9.05
American
Surety
Stockseries
12.83
,
5.69
6.32
Automobile
6.65
Fund
England
New
»i„l
-
7.85
12.18
————
Fund .—————1
14.63,
15.12
Bank, stock—
1
43,/;
44
Buildingsupply
————
Chemical
10.65
7.79
1.90
.
10
io
48%
6.67
7.34
Fidelity & Deposit of Md
10.05
n;o5
5.14
;
38.46
5.62
6,05
7.00
7.70
Ameh Trust shares
shares,--——— >
Agricultural
C
Automobile
T:<:'4-v Aviation
6,11
——
5.60
•
shares
Cnemical
—
Electrical Equipment,—
%/
Food shares
ll.C'3
5.34
shares,—
Republic Invest Fund
Scudder, Stevens & Clark
8.04
45
Security New Haven,
8V2
24%
84%
56c
61c
15.76
9.27
3.53
8
Rutgers Fire Ins.
preferred
Great
7%
com.
22%
——
80%
,
Travelers
8
Fire,,
28%
3014
25%
27%
U S Fire,
10
Hartford Steamboller Inspect.,10
104%
100
38
U S Guarantee,™
23%
73%
70%
10
45 %
47%
10
32%
34%
37%
34%
527
542
-
39'/a
50%
73%.
78%
32%.
:
41 Va
47%
10
—
126
120%.
Fire———2.50
Westchester
41
29%
21%.
Guaranty Co—2
——
4
II S Fidelity &
6%
27%
.
———100
—
35%
4%
Pqul Fire & Marine,—12%
Seaboard Surety———
io
American,—.
Hanover
Hartford
8.50'
1
,
&
13%
32%
Springfield Fire & Marine,,,v25
Standard Accident,,,
,10
14.66
35%
3.88
*
94.29
10.39
11.33
1
4.28
7.47
.—1
6.34
6.99
State Street
7.48
Super
5 .14
Trustee Swtnd Invest Shs—
ASerles; C
—1
'
03.21
2Va
7.88
Selected
Selected
shares—4.67
Institutional bond shares——
42%
2.53
Income Shares
6uver«:sn .Investors
9.69
10.82
shares——
Machinery shares—
Industrial
St
2nd
Aider Shares,,^
8.82
7.17
10.31
Investing
—x 6.79
Low Price Shares—
——
9.35
Merchandise shares————
6.80
bond
General
55
19%
Globe & Republic
Inc Shares,,,—lOo
Quarterly
24
Falls Fire—_______8
Glens
12%
(Texas),——10
Republic
Revere (Paul*
Fire,—
10
17%
Globe
6.16
88 ;
52
2.83
\
50%
84
22
10c
—1
Plymouth Fund Inc
Putnam,.LGeoi Fund—
48%
8
2.94
:.
97%
10
——10
Preferred Accident
,5
Providence-Washington „_—10
Reinsurance Corp (NY)———_2
—
10
&
83%
79
102%
,J
Fire
6%
5%
.,5
—12.50
Pacific Fire————
25
———
Northern
Corp,!
——
General Reinsurance
2.26
8
River
Marine,,:
Fire,,
Gibraltar
—I
;-A-I
—
Series 1958
8.44
4.85
7.31
—,
Administered
Fully
7.91
10.09
shares—
Building shares——————
6.72
7.19
7.68
shares,————
6.98
Newark—.
of
22%
12%,
Franklin
__1
Series 1955
Series 1956
,
90%
11%
Firemen's
6.33
Series 1953,———_•
Group Securities—
86%
7.53
';!
'-.v.
.
64V2
8.99
37%
North Amer Bond Trust ctfs
North
„iq
157
Fireman's Fd of San Fran—,10
8.17
•,
—
52
163
68%
20
6.87
A——
Steei^^-A—I.*-—;
:%
35.77
——•
4
Capital Corp
General Investors Trust
&
Railroad /equipment—.
5.91
4.78
B
General
Railroad
26.65
24.33
30%
Fire Assn of Phila——
13
21
North
Phoanlx
59
Peaerai
„
46%
11%
Pacifio Indemnity Co
Employees Group,,
Employers Reinsurance
9.97
_™_
30
44%
Northeastern
9.42
Oils
27%
10
,5
—,,2.50
,2
46%
28%,
3314
10.77
.
29%
York Fire
9.07
—
7%
178
27%
Amsterdam Casualty
New
New
9.80
Metals
A4.60
3.95
Fundamental Trust Snares A—a
/
58
55
168
,20
—
20
62%
8.57
,a:—
4%
30 »/4
6%
2
Fire
Hampshire Fire,,——
•
6V8
5
A—Hr
National Liberty
Union
49
27%
(Detroit)—1%
National Fire———_—
National
46
4
4414
26%
.5
—_,10
.—
Casualty
r
76%
—
18
6014
10
Continental Casualty,
Crum & FoAster Inc
National
9
8%
73
Y——,4
N
Fire
Ins
Fire
New
10
New York,
Mfrs
&
•
8%
7%
5
—
21%
20%
38 %
New Brunswick—,——,,,..,,10
630
__b
Machinery
6.62
10.80
76
6 05
Shippers—
Fire,,——
Insurance! stock,,,—,—.—
•
2.09,
5.94
i:
60%
40%
."7%
81
Electrical-equipment
22.76
21.14
2%
Connecticut General Life,
9,34
-
•
Inc,
First Mutual Trust Fund
,-B
Fixed Trust Shares A———10
Foundation Trust Siiares A—,1
Fundamental Invest Inc——-3
i,„
*
58'4
37%
6%
,28
City of
8,57
:
2
__—
Merch
Monarch
1914
10
90%
35%
Casualty
1
Massacnusetta Bonding—12 %
Merchant Fire Assur————5
16
28
;
88%
Y—20
16
Maryland
56%
20%
io
Baltimore American
Camden
11.70
8.49
;
.
10
—
Jersey Insurance of N
Knickerbocker
77%
12%
16%
12%
Boston ————^,,,,100
11.65
11.08
——————
Newark,—1/2
—
Bankers &
10.60
7.13
Agriculture
Automobile
Aviation.
Fidelity Fund Inc
Financial Inaustriai Fund,
14.78.i
13.72
23%
28 %
14
Fire————10
Insur Co of North America—10
53%
i.„_8
American Fidelity & Casualty_5
Re-Insurance,
26%
Homestead
11%
15%
11%
14%
American Equitabie—
fieF fork Stocks Inc—
1.47
24.40
pfd
iq
Alliance—
Low priced bond series———
12.42
1.1.68
28
American
7.25
22.72
Equity Corp $3 cqnv
Agricultural
51%"
41%
74
21%
10
;
*"k
Hid
Par
Ask
.
49
39%
10
Life—
m
131 %■,■ 139'%
__io
—
Income .series—,—
Industrial stock series—
•:*
19.^7
:r
Aetna
Surety
'
■:
American Casualty
series—
Companies
'
Aetna Casual &
1.50
..
.
Fund-
Balanced
Stock
12.97
1.36
A
Howard—
&
xll.37
Securities—
smies B
Bond
.
Shares——1
,,10.
Inc
Par
,4.12
<Md>
-I "v; 3.90
5.80
2.50
_25c '1.33;
———
—
Dividend
12.43
National. Security Series—
Diversiiied Trustee Shares—•
C
11.56
shares,
,
7
24.81
Fund——I
Fund
Bell Teletype NY 1-953
Insurance
6.38
23.07
2d
New York 5, N. Y.
DIgby 4-4950
10.53
5.85
._]
National, Investors Corp,,
17.73
.
40 Exchange Place,
Tel:
,
Members New York Curb Exchange
v'lv'v;
41.80
9.58
.'
;.y
Stock Exchange
Members New York
96.70
lie
Investors
(Colof
11.30
Fund,——1.
Diversified Investment FundDiversified Speculative shares—
Delaware
94,77
40.96
—,10o
Trust—
'
!•;, 5.10
Cumulative Trust Shares
Fund,
Investors
2.94
1
——,2
7.03
Nation-wide
48%
•
;
2.94
Series
6.42
Mutual Invest
2.39
Accumulative series——1
5.77
.
2.39
.?:•
AA——j,—,1
Series
12.50
5.21
8-4,:
Common
2.61
Corporate Trust Shares
14.72
11.36
MaSs
143
5.16
Trust——,,,,1
—1
Consol 'Investment
27.41
13.38
—,
Mass
659
138
Commonwealth Invest—
24.96
._a
S-2—
.
Maryland Fund Inc.,
10.66
.
———-100
Preferred
24.65
Sayies Mut Fund
toomis Sayies Sec Fund
10
Manhattan Bond Fund Inc—
32;29
-
9.85
-—I
2
Securities com—-100 2,550
—
20.93
22.39
Loomis
:
TrusU——A•
19.11
K-2—
Knickerbocker
"3.90
30.03
Ltd——1
Fund
Inv
Canadian
Century Shares
Chemical Fund
K-l
Series
20.13
30.54
—-----J
Ltd
Fund
Bullock
11.74
Series'" S-3__
107.05
18.72
--5
Street Invest Co Inc—,5
Inc———
Fund
10.69
Series
3.92
Industry Shares,——10
Bond1 Inv Tr of America—,
E-4
—,
Series S-l
6
5%
A Common
Basic
Real Estate Rends
22.10
Series
%
Investing—
Nat
Bankers
16.02
on
Shaskan & Co.
30.76
20.17
Scries
13.77
14.90
28.06
Bt3_
Series
12,69
29.14
B-2—.
Series
3.73
Shares—,—1
American Foreign Investlng-lOc
Axe-Houghton Fund Inc
—1
American Business
27.79
Series
Series, E-l—
28%
26%
Quotations
Ask
Keystone CiistcMan Funds—
4.33
3.96
-IV*
Holding Corp,—,10
Affiliated Fund Inc—
A Amerex,
7.88
7.25
Bid
Par
Ask
Fund.
_
Inc
Recent Bond Issues
6.94
———
.
£ Mining
..
shares———
stock
Railroad
Kit
.
;;
A Series
4.87
4.72
5,32
Union
Holding Corp——_—1
Huron
Fund
Foundation
Income
ASeries'
Common
Bank Group shares—
rnsnranc Group shares-
—
—
103%
6.15
102
102%
103% ;
105%
1C7
104%
105%
107%
107%
109,%
109%
107%
104y2
105%
107%
Chic
Quincy 3%s__1974
Edis-3s„,— 1977
&
Commonwealth
Conn
20.98
,>[
22.93
Light & Power 3s____ 1974
108%
&'Light 3%s_1974
108%
1979
106V2
9.34
Florida
6.91
7.56
Florida Power
4%s
20.30
?
Great Northern 3%s ser K_1960
17.45
'%
1,87
—1970
,_1980
3%s series L
3%s
18.96
17.37
WellingtonjFund——— i
series
M_—
Houston Lt & Pow 2%s—. 1974
Kansas City Term Ry
1.09
Corporations
.
A
13.68
A First
•
■
Blair & .Co,.
27.95
Boston
.
'
104%
106%
102%
101%
103
102%
'Ci. 4
3%
Par
'
Bank
Manhattan Co.—10
the
of
Bank of New York——:
-100
26%,.
""entral Hanoi er Bank & Trust 20
109%
115%
112%
15
44%
43%
10
51%
£3%
—20
50%
Trust—*10
94%
Horn Exchange Bank & Trust..20
55
84%
53V4
.25%
57%
83%,-
Trust
National
Chase
Bank
Chemical Bank & Trust—
Commercial
National Bank &
Co
Trust
Continental
—
&
Bank
___50
?mp>ire Trust
Fiduciary Trust
Fir it
■
29%
-
—
100 1,815
Bank
National
•.
31%
1,853
200
180
344% *352%
Irving Tru.it
10
16%
17 Vs
Kings Courijty Trust
.,100 1,705
1,755
Lawyers Trust
25
40
43
Manufactures Trust Co com„20
54 V*
56%
Conv preferred
.—^20
51%
53%
Morgan <J Pi & Co Inc,——100
275
285 '»
National City Bank—
12% \ 43%
45%
^.100
—
—
New
Yorr.Trust—
101%
.47%
—.,-25
Public NatT Bank &. Trust—17%
12
Title Guarantee &• Trust,
United States
Trust
1945,.
1%%
3A%
•
11
,100 1,445
15,
tMar 15.
104%
104%
104%.
106%
106%.
1974
1021/a
102%/
1973
106
106%
108%
109%
Potomac Edison 3s
(Indiana;—
Public Service
3V*s seribs E
—
Puget Sound Pow & Lt—
4%s
1972
San Diego Gas & El 3%s—1970
111%
.—1958
106%
York
4V4S
Corp.
.
tSept.
tSept.
15.
—-
1947
——
15, 1«47
15, 1948
105%
51%.
HVs
100.5
100.6
99.29
1945
1.
t%s Feb.
107
10.90s Mar. 1, 1945—
t%S Apr. 1, 1945
—
99.30
—
.0377
.0430
.0500
.0569
.0406
1945:—
.0445
.0505
.0435
.0571
100.24
1V4%
100.8
i%y,
100.24
100.25
t%s Aug. 1,
100.8
t%S Sept.
100.16
100.17
t%s Oct.
——
t%S May 1,
t7/aS June 1
—.
1, 1945,'——A
;
100.1
100.3
0.85s
s
15,
Jan.
*
1945———
b0.9O
0.75%
3s
Jan.
3s
1956-1946
May 1,
1,
.0489
.0641
.0599
.0785
.0603
Ask
101.12
102.21
102.23
103.20
—,—
1956-1946—
Bid
101.10
Federal Land Bank Bonds-3S
1955-1945,
;
Federal Home Loan Bank—
.0432
.0401
1, 1945
1, 1945
t0.90s Jan. 1, 1946
Ask
Bid
Ask
.0375
.0445
1.945
100.3
100.23
100.7
—-i%%
Bid
.0314
1945——,
100.2
%
Price 100 Plus
,0391
—
Obligations Of Governmental Agencies
1,490
-4
100.4
t%s Dec.
—
tMar 15 1947—
tSept.
represent one or more 32ds of a point
Maturity—
Dollar
Certificates of Indebtedness—
Ask
Bid
100.2
100.7
1946..
.Commodity Credit Corp—
tlVa%
—Feb 15, 1948
4
102%
104%
1%%
1
1946,.
15.
tDec
200 ..;'
——,,100
—
%%
./
tDec. 15, 1945_,
JMar
4sk
Bid
100-
Guaranty Trust
51%
110y2
Brooklyn
" Trust
53%
__10
—100
Banxers. Trust
Fulton
Grace National
Int. Bate
Maturity—
Mar 15.
1945,.
Par
27%
434
452
101%
Oregon-Washington RR 3s_1960
Pacific Gas & Electric 3s—1974
Pgh Cine Chic & St L 3%s_1975
Quotations For U. S. Treasury Notes
;0'i 'X
Ask
Kid
105%
104%
'1
City Banks &I Trust Cos,
.
105%
104
Elec
Orleans Public
3y8s
397/a
38%
Figures after decimal point
New York
Narragansett
New
■:
II-ZiJt
Corp.,
.■> -.T
2%s_1974
104
&
Power
V;'
Investment Banking
13.98
106%
Empire District Elec. 3%s—.1969
Power 3%s
1974
8,54
-CL—AA.:;
U S El Lt & Pwr Shares A—
1.13
Burl
88c
25.38
105
3s
1974
Service
1974
New York Chicago & St Louis—
2%s
1975
100%
103%
79c
102%
104%
101%
103%
1974
Calif-Oregon Power 3 %s—1974
Central N Y Power 3s_^,—1974
24.62
Be—
3%s,_1974
Arkansas
Birmingham Electric 3s
6.70
.
B___
Preferred Stock Fund—
Union
fvx:
1.06
12.75
25.71
13.37
1
,
1,
2.71
13.30
Amerlca__,lO
oi
Co
Fund O
Investors
1.64
25'Ou
13.14
•-'* S9c
Stock and Bond Group shares,
Investment
1.50
•
,
.
A
series
Union Common Stock Fund
23.31
2.40
'
——„—
Fund
Bond
Series
430
38c
■ -
Inc
.%
10c •
Incorporated Investors
i—5
Independence Trust Shares,—,*
Institutional Securities Ltd^- ■
Aviation Group shares,———
A-
Trusteed Industry Shares—25c
fe 4.83
Lt
&
102%
Light 3y8S—1974
Koppers Co
Miss
Knk
3S,..———_v—1064
100%
104
100%
2.38
ASerles'A-—u^-2-lv.
5.12
Pow
1969
3s,_
2.50
1
4.28
Series
a
'- D
Stand Oil Shares— £-r.\
Trustee
Tobacco
American
Bid
Ask
Bid
■y'^r
2.54
1
4.42
—
——
shares-—-
shares—.———
Utility
5,77
—
4.65
Equipment shares———
Steel shares
>Tobacco
6.43
4.39
5.24
—a
shares
Railroad
5.87
3.98
shares,
Petroleum
•
47.50
Investment Corp
Cor$ of Amer AA
103.22
102%
102%
104%
105 ^
134
Other Issuet
Federal Land Bank Bonds—
Reorganization
(When,
Bid
Jends-
4s series
.1988
.94
& Louisville-
4%s
income
A
Canton
&
4%r
66
Commoh' „—__—
5 %
preferred —
Chicago iflilw St Paul & Pacific
88%
70-
72
Common1
106%
C4 %
201Q
B
1994
&
Rio
4%s
4%s
1st 3-4s
income.
Income
Rv
Rpck Island & Pacific—
102%
76
78
Denver
'
1st
■
4s,,____
4%s
—2018
67
69
1.993
P7
99
__
98%
G9
160%
71
——,-i
100
45
84
86
i.——-
,
Pacific
Preferred
common—
——„—,—
V
b0.375 0.28%'
0.33%
b0.375
0.34%
23, 1945,
1945_—
1945
b0.375
0.34%
b0.375
0.34%
b0.375
0
1945—
b0.375
51
0.35%
January
53
37%
39%
0.32 %
February
b0.375
0.32%
March 1,
18,
1945——
b0.375
0.32%
March 8.
0.33 %
March
25,
b0.375
1945
b0.375 0.33%
February 1, 1945,—
25
58%
b0.375
1^45,—,—.
January
24%
56%
1945,——
11,
79
15,
March' 22,
1945——
35%
b0.375 0.35%
54%
23
4,
January
23
Ask
b0.375
January
21
SM
1945,_.
February 15. 1945__
February 8.
December 28. 1944
50
22%
com
Seaboard Ry common——
Preferred
133
Bills
at purchase
Ask
Bid
Treasury bills-
29%
43
78
Grande
Preferred
Western'
44
52%
Rio
&,
Rates quoted are tor discount
——
preferred
Grande-
Income
Seaboard
2019
•—_\,
CommoiV
,5 %
104%
1947
,1961
117
18%
—i,——
Preferred
Chicago
3s
United States Treasury
64
104%
—
income
115
Youngstown—
Akron
—2019
1948
3s,
U S Conversion
Ask
"
88%
1904
income
ist 4s
Denver
r,
8"%
Chicago Rock Island & Pacific¬
Conv
4-
2003
.1——
1st 4s
Gen
4%s_——i:—2014
mtge
Stocks
Chicago Milw St Paul & Pacific
Gen
Inc
1983
4%s
101.1
;
98
4s
2nd
Bid
95
96
U S Conversion
100.31
1955-1945——
Panama Canal 3s—
Pacific—
Western
—.19.88
A
"4%s series
Chic Indianapolis
3'As
and if issued)
Ask
Canton & Youngstown—
xron
Is'
as
•No
par
k Removed
x
value,
Ex-dividend,
Hons
not
a
y
d Deferred delivery, e Ex-interest, f Flat price,
market, s Cash, sale—not. included in range for year,
Odd lot sales, b Yield price,
to Stock Exchange,
Ex-rights,
r Canadian
tin default.
furnished by sponsor or issuer.
tThese bonds are subject to all
Federal taxes.
AQuotk-
•:
CHRONICLE
THE COMMERCIAL & FINANCIAL
2788
*
■
?,'
Monday, December 25, 1944
1
Week Ended Dec. 16
THECOURSE OF BANK
Sixth
Pre¬
liminary figures compiled by us, based upon telegraphic advices from the chief cities
of the country, indicate that for the week ended Saturday, Dec. 23, clearings for all
cities of the United States from which it is possible to obtain weekly clearings will
Week Ending Dec.
;/
23—
Kansas
^44
'
,
1943
.
$6,390,749,550
——
;
653,000,000 ";
-
318,350,930
185,579,080
.200,661,261
_
—-
—
178,500,000
—-
—-
135,934,582
+. 7.6
——
furnish
Federal
$10,970,661,240
91,758,610
459,290,066
1st
boston
438,827,068
2d
New
3d
Philadelphia
12 Cities
York
,
—
—; '
—^
——
728,449
-
'
$9,047,116,826
"
4
"
,.
7
"
!
—
9th Minneapolis—
"
"
10
Francisco—
We
add
now
Bend
'-'i, "'
'
4,028,051
36;960,520
2.351.596
2,616,912
Moines—
16,308,046
14,315,144
7,559,985
7,426,796
■
-
n-:J
* +
1
...
Massachusetts—Boston
842,746
Lowell^—_____—
Bedford-—.———
,
1,651,787
'
Springfield.—
5,508,602
—
Worcester
Haven—.————
3,137,798
2,835,641
Springfield
2,149,227
2,209,187
759,533,057
—_
Total
Missouri—St.
126,396,100
509,125,662
424,258,568
.
9,031,140,387
9,350,670,326
4,609,327,744
•.
4,427,152,705
[Kentucky—Louisville_!__:i:_'___!_"_!__
;
Tennessee—Memphis
Illinois—Quincy
+
1941
+ 1942
$
::
Dec. %
«
%
+ 62.7
+
•
642,121
" 4,140,202
T
7.3
"
!
3,616,379
1,008,257
583,623
47.1
3,055,889
£
<
Bt.
426,073,451
+ 11.7
453,538,851
Blnghamton—
:!___.
•
;•
Elrnira—
1,848,060
South
70,022,000
i
1,487,723
Total
York
6,289,158,733
5,843,465,185
12,818,572
8,173,422
8,086,535
—
—
8.1
.405.524
--
V
.
—10.7
43,253,960
7.4
4,597,957,268
Philadelphia—
———
.L—^!_
563 248
+
6.6
*472,786
588,814
1,338 736
+
0.1
1,350,657
1,506,370
1,015,839
1.038 084
—
2.1
681,742
602,198
2,388,242
1,881 506
692,000, 000
1,775 725
*
+26.9
1,434,574
1,750,829
0.3
641,000,000
708,000,000
+11.1
1,395,558
1,584,844
2,837,440
—
3,957,500
3,435 706
+15.2
1,960,878
1,641 794
2,569 294
+ 19.4
1,651,690
2,142,647
—16.6
2,130,567
5,998,100
6,084 ,800
711,375,818
712,328,893
Jersey—Trenton—
„
Reserve
2,635,229
*
1,631,336
2,024.017
__
—I"—"I
IIIIII
343,249
196,610
3,359.496
7.3
66,562,874
53,050,533
2,377,786
;
»
^
Reserve
**5
233,572,851
210.695,795
16,929,500
17,794,100
2,657,418
3,045,602
Richmond—
Total
(6
District
Tot al
of
6.2
1,352,519
+
4.4
729,619
745,050
311,212,246
3.1
274,090,126
V1'230,879,570
—17.3
3,597,240
2.398.374
2,040.668
114,710,000
+
16.2
105,376,138
101,810.824
16,420,614
15,782,636
+
4,0
14,255,289
11,650,238
3,191,000
Federal
3,498,000
8.8
3,535,000
3,536,000
4.2
1,206,839
1,856,472
4,178,676
5,501,898
Reserve
130,850,316
126,396,100
Washington—Seattle.—,
Yakima!—
Utah—Salt Lake
+
! 98,554,988
97,471,489
,
City!!—!—;
_—[
9,264,365
Columbia—Washington-
(6 cittes)
61,403,446
35,032,507
27,314,667
—
—22.2
11,910,095
6,584,189
4,558,985
335.073,000
306,923,000
7,845,945
1,661,473'
8,975,446
6,759,027
3,147,412
4,281,097
9.2
279,277,000
241,458,000
5,161,042
+ 52.0
4,516,747
4,007,107
2,549,546
+ 16.1
1,778,500
2,110,504
5,862,383
——
+ 44.4
2,959,517
San Jose—
Barbara—______
71,058,145
1,903,625
81,225,857
—10.0
39,606,814
;!
88,587,785
4.8
2,545,183
87,286,415
35,646,852
—
1.1
—
+ 54.4
3,929,719
83,061.046
r
California—Long Beach
Santa
—
District—San Francisco—
Oregon—Portland———
Total
(10 cities)
Grand Total
5,234,881
+ 12.0
4,680,783
4,205,102
,
—
587,698,505
4.1
509,125,662
424,258,568
11,537,040,061
10,879,640,227
6.0
9,031,140,387
9,350,670,326
5,247,881,328
(111 cities)
Outside New York
5,036,175,042
4.2
4,609,327,744
4,427,152,705
564,330,949
+
—
•Estimated.
(Continued from
Friday
York
Girl
Yankee
Sales
Week's
Last
Range
for Week
of Prices
Shares
Par
Ymir
2786)
page
Sale Price
STOCKS—
Low
Range Since January 1
Low
High
Gold
Knitting Mills
High
3V2C Aug
6Ms
common
4V2CJuly
Jan
10
Dec
Jun
35 V*
Dec
BONDS—
29
Toronto Stock
Exchange-Curb Section
Canadian
Funds
Week's
Sale Price
Sales
Range
Last
'I
!
■
National
Andian
Beath
for Week
of Prices
Columbia
British
Shares
Range since Jannary I
Co
class
Co
Class
B
Press
1,132,462
1,085,449
+ 13.8
6,901,0§0
5,675,000
85,Q01,614
+ 15.0
2^77.701
2,594,958
42,666,469
331,450,540
306,276,135
•)
77,022,528
70,944,240
+'
7.0
2,578,585
2,192,809
+
3.5
159,367,405
134,563,663
+ 11.5
39.542,450
43,880,552
8.2
286,544,430
258,321,713
+
-j
1
—*
A__^
___*
Aircraft
common—
Oil
&
not avail¬
able at press time.
publish
full in
our
day's issue.
them
We
in
next Mon¬
28 V2
Apr
7 Ma May
12
Sep
Dec
140
Dec
2.45 July
43 Ma
Dec
11 Ma
Dec
17
Dec
7%
Sep
IOMj
Dec
8%
Apr
11 Ma
Nov
1.80 May
5Mt
Jan
2S/Hc July
9 V2
7
Jan
13
25c
Sep
41c
2
Aug
1.50 May
Ma
Dec
Dec
Mar
5V2
Apr
2.00
Dec
Lake
18
Jan
24'/a
Jan
30%
Nov
9'/8
Oct
12
Dec
1.01
Sep
*
1
19
15%
Apr
23 Va
Sep
13
3c
Sep
5c
15c
Jan
.1.10
Feb
Aug
Dec
Dec
Mar
49c
Jan
Sep
1.72
Apr
100
95
Oct
99 Mi
Sep
*
20
Mar
43
Dec
———1
preferred^
Ordinary
see
13
1.45
Jun
10
Paper—
Mines
For footnotes
Feb
___•
■
Grain
12 Vs
______*
15
;
&
Oreille
Supertest
To¬
Exchange
were
May
1.40 July
38
•
Gas
Ontario
Osisko
mail,
Stock
80
Aug
12 Mi May
*
Bridge Co—
Paper
Reliance
heavy
23
.
*
Selections
Pend
*
.__*
:
—
Minnesota
Oil
—♦
_______—u
class
common—
Hayes Steel
+ 35.8
■'
will
Preferred
603,681,141
1
ronto
A__,
______________________
Steel
the
Christmas
figures
Oil Co—
Dominion
Due. to
1
Vinegars
Consoidated
Disher
14% May
—
Canadian Marconi Co—
650,719,356
2.2
7,634,000
166,970,892
!
Donnacona
—
corn-
____—_„100
Preferred
Bruck Silk Mills
Burns
Jan
High
Oct
5'/2
100
3,541,455
'1,408,202
47,573,151
Paper
common———.
International
172,774,426
&
2V/2
_*
Preferred
Brown
Low
High
*
A—
Pulp
Low
par
—
class
Soil
&
257,858,944
97,722.892
"
"671,840
—
2.975.687
cities)
Twelfth
3,296,239
8,690,000
_H~
Carolina—CharlesTon"
4,472.108
1,233,877
^Louisiana—Shreveport—'
267,802,184
1,912,370
Maryland—Ba !timore__
5,239.913
133,243,000
;
Fort Worth___.
4.8
District—Richmond—
Virginia—Huntington
Virginia—Norfolk——i—
5,733,979
160,131.690
9.9
—
301,572,854
Dallas————
+ 24.4
—
I/IS
West
6,000,147
186,863,552
1,070,414
Texas— Austin—
i
Foothills
«
2,373,260
1.6
1,117,999
V
DeHavilland
9.8
9.3
—12.5
—
682,913,614
"
6.2
—12.0
—
Eleventh Federal Reserve District—Dallas-
l
Dalhousie
2,613,715
667,910,848
cities)—'
«"
—
8,838,607
1,157,177
Total (10 cities)
107,480,582
22,517,600
3,286,433
'
2,535,098
7,424,784
________—'
Pueblo__—;—
—
202,478,597
6,748,021
122,709,853
258,730.144
273,934,745
(7
3,162,698
199,278,933
St. Joseph
+ 21.2
2,287,099
4,088,445
South
:-\y-
82,393,740-
Wichita—!———(+7,775,431
3,264,663
117,392.857
260,746,521
Federal
76,356,836
Kansas—Topcka-__——___
■,..
'
■
—_
Consolidated Paper
*
-
140,478
1
4,371,962
3,751.311
+
Pennsylvania—Pittsburgh-—rrT""""
„
175,127,907
253,031
4.7
3.1
4,438,120
20,423,700
__
190,341,162,,
—15.4
13,6
6,776,200
233,483,401
;
0.8
—
254,926
+
727,099,837
'
142,308,060
Mansfield—
Filth
241,934,328
215,641
+
7,766,600
1.4
0,1
4.573,622
Cincinnati—.,
Total
5,016,652
—
306,356
660,721,614
—
District—Cleveland—
Ohio—Canton
Youngstown-
5,521,105
5,458,478
4,675,847
Canada
c'tiesV—
Columbus
1,357,798 V
1,365,670 '
6,6
STOCKS-
Wilkes-Barre——
Cleveland
1,317,411
'
York_—_
Federal
1,417,649
13.9
5,032,057,165
+
1,972,763
_-V
Reading—
Fourth
3,482,364
+
39,628,338
690,000,000
_
Lancaster.
(10
7.7
—10.3
:! *450,000
29,614,778
600,361
V:Chester—!—
Scranton.
+
1,895,068
1,702,747
-V
——:
466,833
31,631,215
1,339,488
—
3,674,711
4,210,356
Hncoin_„—______—5,310,118
Oinana
;
46,393,717
113,109,003 M
8,114,716
6,512,364
17.5
Third Federal Reserve District—Philadelphia
——
46,746,331
3,817,213
Friday
Bethlehem
127,182,691
5,813,780
14.1
6,037,494,051
Pennsylvania—Altoona,
+
4,673,611
3.2
—
11,853,734
7,185,984
+
6,483,394,226
cities)
(12
.
2.7
6.0
—
4,923,517.621
12,485,365
+
51,816,604
Jersey-
4,421,812,643
+
46,272,858
New
7.6
4.8
+ 12.7
541,683
Northern
j
+
iHastings—
1,112,704
6,881,197
-•
275,405,393
240,013,636
(7 Cities)-————
Nebraska—Fremont-!
884,462
1,192,466
31,440,248
35,879,007
585,816
1,404,536
1.9
—
9,209,025
4.5
+
12,168,605
;
893,000
310,319,114
Tenth Federal Reserve District—Kansas Citv—
1,766,718
1,180,077
Jersey—Montclair—
Newark______—
*
1,700,607
Helena
61,900.000
1,157,205
1,465,552
74,896,375
43,616,018
871,000
1,939,131
5,095,952
••
64,200,000
1,399,543
Connecticut—Stamford—
4,112,009
Dakota—Fargo—____________
Dakota—Aberdeen-!
V
8.1
—
—
New
59,896,797
Montana—Billings—
7,383,481
+ 11.9
1,651.735
64,374,000
Rochester
,
63,471,432
472,499,983
6,385,488
+ 64.9
8,037,776
———
Syracuse——
164,307,480
Paul.—
North
'
Jamestown
4,856,545
158,971,260
_______
'
York—
13,254,839
0.4
+
V
6,579,829
475,925,817
Total
352,953,401
4,723,245
U___
685,630
; Buffalo—
New
354,196,446
+ 21.7
1,098,000
Ninth Federal Reserve District—Minneapolis—
Minneauons—
20,716,700
—
156,000,000
76,601,324
46,646,790
—
19,780,661
6,917,051
716,389
Total
1,336,017
;
Minnesota—Duluth—__
>
8.8
+ 13.9
90,049,440
54,905,961
3,441,811
17,568,392
0.9
+
;
\ 638,770,907
3,976,328
—16.7
—
,
2,209,412
*
..Total;(4 Cities)—f
1,037,883
4,197,771
" ;
430,112
1,180,538
+ 93.7
3,337,997
2,470,023
'
410.254,580
927,195
+ 28.1
'7,024,496
-
768,302
'
394,013,391
+ 13.4
22,288,191
'
3,212,162 !'
5,362,247;!
186,200,000
82,120,982
Stockton—
.V
19,749,800
District—New
0.6
62,539,447
:
San Francisco—
+ 21.3
cities)—
+
522,528
516,307,245
592,158,578
206,900,000
208.200,000
+ 13.6
130,850,316
4.1
+
..
:
Louis
230,879,570
+ 12.2
Federal Reserve
+15.0
145,010,071
274,090,126
19,687,700
(12
660,286,020
——164,678,248
S.l
•
.
(17 cities)
'
Eighth Federal Reserve District—St. Louis— W "
+ 23.7
+ 13.6
:
-
2,235,495
1,863,796
+
;608,461
York—Albany-:—
2.7
1,715,044
+ 20.0
:r 18,461,926
+ 10.7
—
5,707,151
737,781
New
5,597,528
7,058^590
22,092,000
Second
+ 52.6
Galveston—.
Island—Providence-——.
Total
New
5,265,079
Wichita Falls_i._1,787,357
-
New
485,579
1,559,526
8,036,355
5,708,435
464,693.303
+ 41.7
i;=
175,127,907
,
Hampshire—Manchester——.
Rhode
+ 15,3
+ 15.7
i
275,405,393
190,341,162
+ 14.9
6,964,589
1
New
479,703
638,770,907
310,319,114
4,589,735
4,911,175 !
—
Connecticut—Hartford———.
t
592,158,578
1,436,928
:r
15,118,274
6,362,706
.1,646,151
Colorado—Colorado Springs,
0.8
0.4
—
361,003,022
'+ ; 970,865
+
13,202,191
1.8
1
+
/+•;+ >■:•' 435,064
.
1
+13.9
+
326,272,042
+ 15.0
854,221
•
1,897,876
523,972,383
'
1,243,660 ; +
—
*1,940,354
374,675.920
—
3,836,771
409,249,660
—
Fall River__
—10.1
552,866
,
1,389,546
'!
Portland——
;
i
2,332,798
,,
'
7,976,790
258,321,713
,V
Inc. or
4,116.005
Maine—Bangor—'——i*
3,632,095
32,842,100
603,681,141
4.7
;+I'.
3,645,279.
*
606,940,584
Pasadena—
+
;
'
'
"
—_
>
Week Ended Dec. is
Reserve District—Boston—
First Federal
•:
2,750,120. '
30,525,000
*8,500,000
727,099,837
1'■'.+.
1943
2,822,050
36,104,684
286,544,430
8.2
6.0
n1! ;*
628,286.
4,686,264
3,223,0781
+ 51.4
+ 13.7.
650,719,356
2.2
+
4.2;
1944
326,272,042
33,272,000
1.7
—
7,967,799
42,020;219
660,721,614
0.1
—
+
'.A
4,099,093
12,062,704
5,092,057,165
+
"I
'.
-
,
Clearings at—
i
0.7
4,597,957,268
5,036,175,042
''
'•(
4.1
+
7.4
10,879,640,227
''
New
+
Rockford———
1941
week ended Dec. 16 for four years.
«.
3,554,499
35,636,000
.
Missouri—Kansas City____—!
detailed statement showing'the figures for each city for the
our
"
472,499,983
+
564,330,949
' ;
3,256,789
453,538.851
5,247,881,328
—
"
4,170,295
.5,552,105
3.700.595
Peoria
,.
S
11,537,040,061
111 cities
Total
Outside New York City_
"
662,165
0.6
—
+ 11.7
682,913.614
306,276,135
438,827,068
660.286,020
; 352,953,401
241,934,328
,311.212,246
145,010.071
354,196,446.
'
6
11th Dallas
374,673,920
'
1942
Inc. or
712,328,893
759,533,057
10
Kansas City——
4.7
35,879,000
i
+45.5
Dec. %
587,698,505
"
—17
7th CniCago
Louis—
Bth St.
72,239,731
+ 49.1
6,560,552
3,905,257
>;
,
240,013,636
301,572,854
164,678,248
10
6th Atlanta
83,678,135
+
835,304
6,521,835
5,822,949
—
+
Decatur—
+
—
6
...
178,357
6.8
—
—12.8
I
OF BANK CLEARINGS
667,910,848 +
331,450,540
459,290,066
*
5th Richmond
236,428
District—Chicago—>
Illinois—Blooinington
Chicago-,—
+21.3
by Federal Reserve Districts:
a summary
711.375,818
'V, V
"
'
10
7
„_
4th Cleveland
>"
12
1
49,621,133
5,861,526
....
$13,164,793,488
.
—
42,859,776 "v
5.7
+ 55.3
98,434,759
Sioux City—--
*
+
.
Week Ended Dec. 16—
:
3.2
+
Orleans—.
(10 cities)—
South
DeS
+26.3
0.5
$9,047,116,826
Holiday
1944
3943
$
■••7v! ,■ $ .
475,925,817
+ 426,073,451
6,483,394,226
6,037,494,051
Districts
Reserve
''
■;
+
291,054
able to give the final
SUMMARY
•
59,942,521
5,244,326
I Wisconsin—Milwaukee.!—.
Iowa—Cedar Rapids—
and complete results for the week previous—the week
ended Dec. 16. For that week there was an increase of 6.0%, the aggregate of clear¬
ings for the whole country having amounted to $11,537,404,061, against $10,879,640,227
in the same week in 1943.
Outside of this city there was a gain of 4.2%, the bank
clearings at this center having recorded an increase of 7.6%.
We group the cities
according to the Federal Reserve Districts in which they are located and from this
it appears that in the New York District (including this city) the totals are larger
by 7.4% and in the Boston Reserve District by 11.7%, but in the Philadelphia Re¬
serve District the totals are smaller by 0.1%.
In the Cleveland Reserve District the
totals record a decline of 2.2%, but in the Richmond Reserve District the totals
register an improvement of 8.2% and in the Atlanta Reserve District of 4.7%.
The
Chicago Reserve District has to its credit a gain of 15.0% and the St, Louis Reserve
District of 0.4%, but the Minneapolis Reserve District suffers a loss of 0.8%.
The
Kansas City Reserve District has a decrease of 3.1% but the Dallas Reserve District
enjoys an increase of 13.6% and the San Francisco Reserve District of 4.1%.
'
i
451,990
Terre Haute—.
.,
Accordingly, in the above the last day of the week in all cases has to be estimated,
In the elaborate detailed statement, however^ which we present further below,
■'
31,745,000
Indiana—Fort Wayne;
Complete and exact details for the week covered by the foregoing will appear
issue of next week.
We cannot furnish them today, in as much as the week
ends Saturday and the Saturday figures are not available at time of going to press.
12th San
39,388,938
61,833,632
i,, Indianapolis
our
10th
3.6
"
+16.4
1,769,053,717
2,194,132,248
Total all cities for week
1
2,197,979
*2,000,000
1,820,987
s
+ 47.2
+
5,541,201
Lansing—;——
+ 12.0
$7,278,063,109
.
In the following we
2,384,028
2,336,745
,
■'
3.0
+
255,703,048
1,777,279,005
•,
Total all cities, five days
.
11.1'
+
'
51,248,769
.
Michigan-^-Ann Arbor—,
Grand Rapids
1
7.5
201,394,073
•
$9,193,382,235
five days
Other cities, five days—
-we are
2,929,694
9,458,680
3,440,484
,
in
+
■
"'
146,226,624
Alt cities, one day__
125,800,000
_______
Seventh Federal Reserve
+13.3
'
Baltimore
Total
•
225,532,950
Cleveland
Ten cities,
35,999,216
145,300,000
„—
!
Louisiana—New
'
+ 18.6
251,709,000
297,546,125
!—
_
(37,168,029
7.4
3,255,174
Mobile
5.0
+
—
173,300,000
285,218,000
—
San Francisco——.—
Pittsburgh
8,837,724
+17,8
53,096,065
Mississippi—Vicksburg—
6.2
+
622,000,000
377,606,315
City—
+ 14.5
;
Alabama—Birmingham—
%
426,898,825
-
—
St. Louis
13,301,212
43,197,988
161,900,000
Augusta-—
'Macon—
+ 36.2
$4,692,111,390
453,373,5.91
New York
Philadelphia
15,223,695
by Telegrapli
C'lcarinjcs—Returns
Chicago
$-
50,839,215
Florida—Jacksonville-
,•
1941
1942
or
Dec. %
173,800,000
Nashville—
•7
Inc.
-
$
Reserve pistrict-r-Atlanta—<•.
Georgia—Atlanta—
corresponding week last year. Our preliminary total
stands at $13,164,793,488, against $9,047,116,826 for the same week in 1943. At this
center there is an increase for the week ended Friday of 36.2%.
Our comparative
summary for the week follows:
>
• • - .
il
Federal
Tennessee—Knoxville—
above those for the
be 45 5%
1943
$
compared with a year ago.
week will show an increase
Bank clearings this
1944
/age 2787.
Volume
27S9
Number 4 345
160
Company and Issue—
Foreign Exchange Rates
Tariff Act of 1930, the Federal Reserve Bank is now cer¬
tifying daily to the Secretary of the Treasury the buying rate for cable transfers in the different countries of the
world.
We give below a record for the week just passed:
^
:
:7
;'7-"\7 ■••••'
;
;;'77.7
DEC. 15 TO DEC. 21, 1944, INCLUSIVE
-
Noon
Value
'
United
in
States
.Dec. 18
Dec. 16
Dec. 15
■v',
:
;i \ ■'
$
'»•>■
$
.251247*
.297733*
.060602*
.051803*
.051803*
,
Official
.909090
.909090
.909090
*—
.050602*
.051803*
.909090
England, pound sterling——.—*,
.909090
7
.301215
...301215
.301215
.205820
,.205820
.205820
7.
—
.909090
.909090
.051803*
ft*"v895Q0Q
New Zealand,
pound————
Africa, pound
Uruguay, peso—.
Controlled
.——.——
3.980000
,
.301215
,
.205820
.205820
.205820
7
.909090
.909090
.909090
77' 7-7.-
7
Shell
.301215
.658300?
.658300*
.7:
.
,..541960*
;
.
■
3.980000
..
leasehold bonds__^_—.———Jan
1
1
.658300*
.541966*
.541966*
Dec
Oil
214%
Corp.,
'Utah
Auction Sales
Power
Welshach
&
Light Co.,, 1st mtge.
Engineering &
Collateral trust 5s,
&
Wednesday, Dec. 13:
>. 777.
Shares
Whitehall
20
Philadelphia,
Lofland,
Wieboldt
on
Since-
of
partic-
17,889,365
587,726
'
Gold certificates
"
Other cash——
Condition Statement of
—__—.
principal changes for the
week ended .Dec. 13: Increases of $426,000,000 in loans,
Discounts and advances—_____
217,458
loans—J_
Industrial
*!—1,738,895
380,708
+
$485,000,000 in holdings of United States Government
obligations, and $1,037,000,000 in United States Govern¬
ment deposits, 777; 7-; '7
7 '-7,+ ; v„; V7"■'». ;7v;.-'7 '■'..7:,,
Commercial, industrial, and agricultural loans in¬
creased $38,000,000.
Loans to brokers and dealers for
purchasing or carrying United States Government ob¬
ligations increased $50,000,000; other loans for the same
General
increased in nearly all districts and the total
at all reporting member banks was $317,000,the principal increase being $242,000,000. in New
:
' (incl. guar, sec.)
'
'.
+
4,711,002
+
2,237,290
+
880,321
—
370,998
.'
♦
6,600
+
77'
19,009,006
2,593,611
20,071
+
144,390
25
:
U—
7:
40,713,757
Total assets-—
f.
•
7 +
+476,793
;
53,663
7,600,859
"•.
8,585
34,278
J_———— ■
7,457,615
+
'•
+
96,335
Uncollected Items—
+
.
>'7
;7;W';^;: 'v7;,,;-::'-
+920,219
+
Treasury bills increased $95,000,000 in
$26,000,000 in the Philadelphia District,
$156,000,000 at all reporting member banks, and de¬
clined $47,000,000 in the Chicago District.
Holdings of
Treasury certificates of indebtedness declined $49,000,000 in New York City, $25,000,000 in the Atlanta District,
and in¬
$22,000,000 at all reporting member banks,
the Boston District. Holdings of
Treasury notes increased $81,000,000 in New York City
and $154,000,000 at all reporting member banks.
Hold¬
ings of United States Government bonds increased in
nearly all districts, the principal increase being $68,000,000 in the Chicago District; the total increase was
$195,000,000. ;\'
7
Demand deposits adjusted increased $48,000,000 in the
Kansas City District, $33,000,000 in the Philadelphia
creased $36,000,000 in
District, and $43,000,000 at all reporting member banks,
and declined $51,000,000 in New York City and $33,000,-
Francisco District. United States Govern?/,
deposits increased in all districts.
000 in the San
Federal Reserve notes—
+
4-1,281,337
747,704
+
1,250,415
1,200,287
421,166
—
+ 4,865,958
<
—134,040
13,958,444
U. S. Treasurer—gen. acet._.
Foreign.
+132,270
21,674,686;
-
Deposits:
Member bank—reserve acct..
35,698
—
4—
11,148
+,
283,027
286,102
1
—
1,713,723
Total deposits
O' •'
•,
yCs/;y-..7;;
12-13-44
.
and investments—total—
Loans—total
59,524
13,029
Loans
Commercial,
brokers
to
$
6,420
—-
.———
and dealers
4-
426
•.7777".' :..."77
Capital Accounts—
Surplus (Section 13b)
Other capital accounts.
_
_—
4-6,280,825
4-
8,457
—+
27,686
485
+
,
.
-7:0
188,097
0. 26,965
106,684
7^,77
983
+
:
4-
136
4-
'
—
purchasing or carrying:
Government obligations———-r.
Other securities
———
1,603
335
4-
Ratio of total res. to
Other
loans—L
—
—
Treasury bills
—
certificates of indebtedness
Treasury
102
1>319
——
—.
\
4-
—
CJ. S. bonds
Obligations guaranteed by U. S.
2,301
10,325
9,133
38
so*;
4-
744
make
to
48.6%
.
indus-
+
4-
4—
317*)
3'
3
26
1
4-1,391
'
4,630
trial loans,
Reserve with Federal Reserve
Cash in vault,
—
—
67
19
—
13.7%
i
:
—
182
'+
4,964
4-1,368
4-3,551
614
4"
2
—1,143
10
2,944
9,448
661
69
4-
149
4*
465
48
4-
68
57
2,319
.+
35
TiljticS"1" ~r(
Demand deposits-adjusted—.—
35,867
7,574
—
—.—-—
U. S. Government
12,825
deposits
4-
43
4-1,117
4-
16
4-1,475
4-1,037
4-5,481
Interbank deposits:
9,640
Domestic banks
Borrowings
Debits
to
1
4-
754
890
217
11
+
108
and
deposit
U.
6
figures revised
accounts except
Gov't
S.
during week
*Dec,
^
...
demand
interbank
accounts,
!
i
(New
148
4--
•'►h-.v.M-
Vrti'il$25
———Apr
1948
notes,
and common stocks called for redemption,
including those called under sinking fund provisions.
The date indicates the redemption or last date for mak¬
/
—
NOTICES
Atlas
General
Oil
-
Corp.,
& Refining
:
.v
7
OF
2296
2647
Rys.
and
due 1952—
&
Terminal Ry., 1st mtge. 4s, due I960———Jan
Corp.76% preferred stock
Nashville
collateral trust. 314%
RR.—'
1st and general
Prior
■
•
1st
Jan
4
2647
Columbus, Ohio, gen. mtge. bonds——Dec 28
2655
Ship Island RR.,lst mtge. ref. & ter. 5%
1952
due
bonds,
——
Union Depot Co.,
1
7
—-Jan
Corp.—
2075
,7
...
due 1945
1
1
1
&; Hart, Lie.,.6% debentures, due 1950—
Jan
Missouri-Illinois RR., 1st mtge. 5s, series A, due 1959—Jan
New
*
1
Miller
National
18
1:.>2074'
bonds, due 1968——,———Mar 1
2075
bonds, series E, due 1971
—Apr ,2} ,f;2075
mortgage 4% bonds; series G, due 1965—
.—'—May 2C7 • 2075
Namm
Dec
92
REDEMPTION
PARTIAL
Date
Company and Issue—
British &'Continental Corp.—
American,
5%
2393
Atlantic Sugar
Ballard Oil Co.
Refineries Ltd., 4% bonds, due 1951——Mar 1
of Hartford, Inc., 1st mtge. 7s, due 1948-Jan " 1
*
Steel
Jan
1
*
Jan
15
*
bonds,
,_Jan
4
2643
Dec 30
' 1860
Corp.,
Columbia
British
due
1st mtge.
Power
1st ref. & collat. trust
Central
Co.
cony.
SVaS, series A
Corp., Ltd.—
414s, due I960
1st & gen. mtge. 314
%
1972—-jC——
York Powef Corp.—
due
M.,
New
General
Feb
1953_
mortgage
3%%
bonds,
Central New York Power Corp.
1962
—,-s
.1972
sinking fund debenture bonds.Feb 16.
Dairy Products Corp., serial debs., due 1945—Jan lSWh;
York Central
bonds, due 1952——
Dec 27
New York City Omnibus Corp.—
c
New York Railways Corp.—
Prior lien mortgage bonds, series A. due 1958——_Jan
1
U
-
gen.
;—
mtge. 414%
Union
mtge. 3%s, series H, due
1st mortgage 414s, series A,
Regan Bros. Co., 1st mortgage
Ruddy
2644
(E. L.) Co., Ltd.—
614% 1st mortgage and collat.
1
2539
1
2398
trust debentures
Ti
■
,
.Jan
Jan
—Feb.
Feb
■
.
2006
1
_
2188
2652
2006
1
17.'
1
.
*
3^% 2189
,
Jan
— _
1.
1743
Jan 15
2548
Peterborough (Ont.)—
414% bonds
Jan 2
1531
Spalding (A, G.) & Bros., Inc., 2d pfd. stock
——Feb 5 - " 233S
Shell Union Oil Corp.,
Feb
~
1299
Jan 12J
due 1952
6s, series A & B
Dec 30
due 1969—
Jan
1961——
Philadelphia Dairy Products Co., Inc., 1st pfd. stock—Jan
Pittsburgh, Cincinnati, Chicago & St. Louis RR.—
General mortgage bonds, series C, 414%, due 1977—Jan
Pittsburgh Coke <fo Iron Co.—i
>1530
*|2407
^
,J\'~
lf
2t)05y
1
2547
Electric Co.-—
2398
Co.—■
bonds, series E,
&
29
•
bonds, series D, due 1962—-Mar
Terminal
Gas
& ref.
2291
Dec
Cheney Brothers, 4%, debenture bonds
Chicago & Western Indiana RR.—
1st mortgage 3%%
1st
30
."——.Dec
debentures, series A, due 1948
Cincinnati
1st mtge. 414s, dated 1937—
Dec 29
1st mtge. 5s, due 1952———Mar 1
Restigouche Co., Ltd., 6%" s. f. mortgage bonds
Rheem Mfg. Co., 6%
convertible preferred stock
Roos Bros., Inc., preferred stock
———
bonds,
1
Ozark Power & Water Co.,
Pacific
'
1972
" 'y
Oregon-Washington RR. & Navigation Co.—
1st and ref. mtg. 4% bonds, series A and B, due
1961
;
i
——
—Jan
Corp.,
.'7*
/hvU
2187
RR.>—
15-year secured 314%
,
1962—
mtge. 3%%
due
Certain-teed Products Corp.—
514%
*
•
2648
2648
,
& Son, 6%
(A- I.)
Oswego Falls
1
debentures,
Bralnard
Pago
2074
i
v7'
preferred and cumulative preferred stocks——Jan
*
■
1.
mortgage 414%
1st
2290
->-
2647
,
.•
1st mortgage 4%
2067
mortgage series J 314s, due 1968_
bonds, due
../■ 7
—3:
Jan
1950_„___Jan
1st mtge. & collat. 4% bonds, series A, due 1945.,—Jan
2 !'*.t'2545
Metropolitan Edison Co.— '
," ••"
Feb 28
stock
% bonds——
1527
2073
1
2
1
Jan
;7
RR.—
unfied mortgage 314
1st mtge. 4V2S, due 1956
Deo 30
1st mtge. 6J/2% bonds
common
Co.,
:
refunding 614%
15-year gold bonds,
Page
Date
7"
2403
-
of Central America—
. ; ;
bonds, due 1947———Feb
1
lien
Maine Central
TENDER
.
J
"
2403
International
ing tenders, and the page number gives the location in
which the details were given in the "Chronicle."
7
;2543
—
—
Mar 31
$1.50 conv. pfd. stock———Jan
1
Co.
—Dec 30
10-year
1st & ref.
14,689
York District).
Jan
1952
Lighting & Power Co. 1st mtge. 3 lis, due 196'6_Dec 20'
Houston
Ext.
due
Foreign banks
stock—^
Securities
collateral trust bonds,
Louisville
series
Time deposits
due
bonds,
Kobacker Stores, Inc., 7% preferred stock
;
Mar
Koehring Co., 10-year convertible bonds, dated 1935—__Jan
Central Maine.,Power
'
due
bonds,
4%
Chemical Co.,
Gas
Kimberly-Clark
4-1,314
22
4-4,367
—■
4%
22
156
195:
banks
preferred
1st
*
4—
154
Banks——
——:
Balances with domestic
trust
■
1
Jan
Ry. Co. of Minnesota, Northern Division
Kansas City
Gulf &
—
4-
—-—
7%
5%
1.0%
—
-
Buffalo General Laundries Corp.,
Central Mine Power Co.—
4*1
+
Government
Other securities———
•> ■
1525
Ts'< - '1526
f - 1526
bonds, due 1961—Jan
bonds, ser. G & H, due 1946
conv.
mortgage
Houston
,
P. R. note liabilities combined
Commitments
10
21-178
Treasury notes
2644
2644
,
Grey NUhs of the Cross of Ottawa—.':-v7'
3y2%-4% bonds, due 1946-1957
Jan
2c; !2072
414% bonds, due 1945-1960—
—Jan
2 ^ 2072
Gruen Watch Co. 5% preferred stock—Jan
2184
Gulf, Mobile & Ohio RR.—
-w.' .
3%% collat. trust'bonds, series A, due 1953—_—Jan
l"-' 1526
Hackensack Water Co., .7% preferred stock___„__j—'_Mar 30
1969'
16,560
4-6,333,664
4-920,219
40,713,757
deposit &
Company and Issue—
—
*>056
•
banks—.
1st
Hilton-Davis
Total liabilities & cap. accts._
American
U. S.
Collateral
Eastern
2,111
>77/7;7''
161,644
:—.„
+>
4-918,751
Total liabilities————40.230,367
Capital paid in
Surplus (Section 7)—;
76
:
—
mtge. 4%
Middle States Petroleum
1,480
714
Other loans for
Real estate loans——
4-9,015
4-2,037
921
for pur¬
chasing or carrying:
U. S: Government obligations
Other securities———
Loans to
$
4-
industrial, and agricultural
loans__—.——.
Loans
-
12-15-43
12-6-44
8
00
2642
.2644
■
91,104
4-
4-148,343
11,646,
preferred
Increase (4-) or
:
2178
''
Ry.—
1st and ref. mortgage 414%
4-1,321,652
4-638,214
16,830,312
Deferred availability items-
Other Iiabs., incl. accrd. divs.,_
Below will be found a list of corporate bonds,
Decrease (—) Since
;.77i'7">
1962
,
—
Gen.
reporting member banks de¬
:;; ^v 7;v y y
of the assets and liabilities of reporting
follows:
7 7;/7;;77'
(In millions of dollars)
Assets—
\
414® ref. .mortgage bonds,' series A, due 1948—__Jan
1967
Street Bldg. (Los Angeles, Calif.), 7% pfd, stock Jan
1
p402
Fraser Companies, Ltd.— ■
■...'/..--v';-..'
\ -'7
-V
1st mortgage bonds, series A
Jan
1
1967
6 % s. f. mortgage bonds——.
7___——
Jan
1 j,. .1967
6% 1st mortgage bonds, series of 1936
Jan . 1^.7<1967
•Gait Brass Co., Ltd., 1st ■& ref. 5% inc. bonds, due 1950_Feb
1 '
2646
General Foods Corp., $4.50 preferred stock
—^
Jan 31, W
*
General Shoe Corp., 3%% debentures, due 1956——,_Jan 23.
.jy
*
Georgia-Carolina Power Co., 1st mtge. 5s, due 1952—Jan
1
1968
Great Northern Ry.—
•v";:.' 7';77;7'7'. -'::-77--7
43,390 >7
Borrowings of weekly
.■■-■Vo '
-Jan
bonds, due 1948
mortgage, 4%
Fifth
6,333,664
7;,:7'' 7:7,
Liabilities—
clined $148,000,000.
member banks
1st
*"
and
summary
7
' 2398
6-
.
,
,
3,923
-'
New York City,
A
7\
r7
7 ;,Date.,- Page
;
Eastern Massachusetts Street
.
4,075
—■
8,350
'
ment
Jan
Cleveland &
;
431,834
+
136
banks
Other assets—
and
,.-,'7'
1
2656
2117
;
stock—1—-Dec 30
1st mortgage 3%s,: series E, due 1963__—__——
-Jan
1 ', ,1397
Pittsburgh RR.—
v': :
v
*'
Gen. & ref. mtge. 414-% bonds, series A, due 1977——Jan
r',7. 2181
Gen. & ref. mtge. 414% bonds, series B, due 1981——Jan
32181
Danbury & Bethel Gas & Electric Light Co.—
' 7;^
7
25-year 6% mtge. bonds'; series A, due 1948——Feb
17 v 1629
Duke Power .Co., 1st & ref. mtge. 4% bonds, due 1967—Jan
2.^ 2294
Eagle-Picher.Lead Co., 6% preferred stock______:
_Jan
1 y 2070
Eastern Corp., 1st mtge. conv. 5% bonds, dated 1938—-Dec 29
2645
,
7
+
;:+473,436
19,232,688
banks
premise?
7
+156,334
7
i.„
Total loans and securities
P. R. notes of other
•:
4,169
+ 268,900
1,557,221
1,243,426
—
Due from foreign
!
4,510,140
—
Bank
of
2446
>2655
2 7
ISSUES. CALLED,
ENTIRE
2444
2190
.....
Total U. S. Govt, securities
1
:
183
;
:
Notes—
i. Bonds-—i
41,785
+
11,698,219
Bills————,
Certificates——-
increase
Holdings
2654
,
Pulp & Paper Mills, Ltd.—
.
1st mortgage 5s
—7—Jan
lr ..Cheney Brothers, preferred stock—
—Dec 30
,
Chicago; Burlington '& Quincy RR.—
1st and refunding mortgage 5s, series A, due 1971——Feb
17:
Illinois Division, mtge. 314% & 4% bonds, due 1949—Jan
1
Chicago Union Station Co.—
,Vv ;,
—1,423,658 ;
+
147,413
30,220
—
'>'■»'
U. S. Govt, securities:
purpose
7
2654
Atlantic Coast Line RR. of So. Carolina—
65,471
—
7,186
--
6,224
-
000
2336
{1
Te'ephone Co., Ltd.—
1st mtge. 314 % bonds, series A, due 1969—Dec 29
Atchison, Topeka & Santa Fe Ry. Transcontinental
>
■
Short Line, 1st mortgage 4% : 50-year bonds———Jan
1 -
1943
■
6,766
+
—
18,703,046
following
York'City.' '"
2654
'
5
Bowater's Newfoundland
The condition statement of weekly reporting member
banks of the Federal Reserve System in 101 leading
the
•;
29,800
—
225,955
——
Total reserves__—
>•
shows
1944
1944
Redemption fund—F. R. notes_.
cities
,
30
1968—Jan
due
1953—'
Associated
Dec.22,
Dec. 13,
Dec. 20,
''.Assets—''
$5 lot
„
'-yyy
*'1
'
on hand and
due from U. S. Treasury-
ctf.
—
3%s,
Management Corp.—
due.
'7 .V
7
■
Country Club,
2444
2548
2444
2548
2444
1955^_Dec 28
due
debs.,
Inc., $5 prior preferred
Company and Issue—
(—)
Inc. (+) or Dec.,
• " ', $ per Share
Co., preferred—_7—44
Cement
Ashbourne
Stores,
'
r
STOCKS
*
1
1
Terminal RR. Association (of St. Louis—
■
.7'.
Ref. & improv. ^tge. 3% %. bonds, ser. B, due 1974—Jan... 1
Twentieth Century-Fox Film Corp., pr. preferred Stock_Jan
2
United Biscuit Co.; of America, 314%
Barnes
15
.
,
"ft".1"
by
due 1954
debentures,
1961—
Spalding (A. G.) & Bros., Inc.," 1st pfd. stock___^_—
Feb
Springfield City Water Co., 1st mtge. 4s, ser. A, due 1956-Apr
Standard Bleachery & Printing Co,—- '
>!.
7
514%: bonds, series A, due 1946—,—Jan
.;
.541966*
■>
_Jan
1940
Union
2%%- debentures, due
'Nominal rate.
Transacted
*
2185
2648
2648
2076
2650
2443
2443
2080
8
unified mtge. 4% bonds—Jan
prior lien bonds, due 1952—Jan
RR.,
Southwestern Light & .Power Co.—
1st mortgage 3%s, series A, due 1969_____Dec.
3.980000
'
7 ,658300*,' "7"
.658300*
7..
..
.
,
—
.895000
"
:
1
1
1949—Jan
City—
^
^
Jan 15
Sheridan-Wyoming Coal Co., Inc., 1st mtge. 6s, due 1947i.Jan
1
Simmons Co.. 4% debentures, due 1952—
Feb
1
Socony-Vacuum Oil Co., Inc., 27/8% debs., due 1955—.-Jan
1
'
'
•
3.244203
'
3.980000
.658300*
.541966*
'
.541966*
.89,5000
3.244203
.894375
3.244203
'
Noncontrolled
dated
4.035000
.301215
'•".>
'3.980000
;7;> ;,7'
.; 7-;'
.7.
.572200*
;
4.035000
.895000
3.244203
3.980000
——i——
Union of South
.897500
.572200*
4.035000
3.244203
.895000
3.244203
—
.909090
-,
'
.909090
—
•
Free—
;
.897500
"
.572200*
' •'
4.035000
Mexico, peso————.^vNewfoundland, dollar—
;
'■
Official
.896875
I.
.572200*
4.035000
:
_—
7"
;
4.035000
rupee,————U
India (British),
:
.897500
.572200*
.572200*
;
——_w__.—
.897500
•
.897500
Free_—
Colombia, peso——-
7
2542
2647
2544
2647
1
Feb
mtge. 5s, due 1946
1st mtge. 6s, ser. A, due
N, Y.
,
.-■Newfoundland
.060602*
.060602*
.051803*
•
414%
Nashville
&
Jan
1293
*
.
4% 15-year mortgage sinking fund bonds, due 1952
Jan
1
Neni -Corp., first preferred stock—
_____Jan, 1
Lt. & Pwr. Co., 1st mtge. 414s, due 1956__Jan
1
Remington Rand, Inc., 314% debentures, due 1956—Jan
1
Revere Copper & Brass, Inc., 1st mtge. 314s, due 1960_Dec 30
Salmon River Power Co., 1st mortgage 5s, due 1952
Feb
1
Servants of The Holy Heart of Mary (Onr Lady Academy-St. Patrick Academy) 1st ref. mtge. serial bonds
v
•
Canada, dollar—■,
■t
Co.,
McCormick's, Ltd., 414%
r:
;
-
f T
.051803*
•
2644
2645
2645
,
1
'
3.228C00
;
.
V.060602*
—
Louisville
1.251247*
3.228000
3.228C00
.060602*
—
1st mortgage
$
''1.297733*
.251247*
1st
Co.,
Serv.
Lefcourt State Building,
-
':\<i
'*
■
/
.
Brazil, cruzeiro—
k Official
Free
-
.
.251247*
3,228000
Dec. 21
,.
$
.
Pub.
Kewanee
Dec, 20
Dec. 19
$.
Kansas City Gas
>■
.
'.297733*
.251247*
.
3.228000
3.228000
.
Pago
Date
due 1956——Dec 30
International Paper Co.—
' ■ <• 6 . "
*.
1st and refunding 5% bonds, series A & B
New York
Money
"\7
'.297733*
.297733*
.297733*
-,251247*
Free
Australia, pound-
w-'
■
Buying Rate for" Cable Transfers in
Country and Monetary Unit
Argentina, peso—
ACT OF 1930
FEDERAL RESERVE BANK TO TREASURY UNDER TARIFF
CERTIFIED BY
RATES
EXCHANGE
FOREIGN
:';7
V.
1st mtge.-5s,
1
Duquesne Natural Gas Co., gen. & ref. mtge. 7% bonds.Jan 15
Eastern Car Co., Ltd., 1st mtge. 6s, due 1952—:
Jan
1
Empire-Gas & Fuel Co., 314% debentures, due 1962—Feb
1
Flintkote Co., $4.50 cumul. preferred stock
Jan 15
Florida Power & Light Co., 4Va % debentures, due 1979:Jan
2
requirements of Section 522 of the
to the
Pursuant
of 111.
Consumers Co.
Dayton Power & Lt. Co., 1st mtge. 3% bonds, due 1970_Jan
Dayton Union Ry., 4% bonds, due 1949
Jan
Sisters of St.
114% serial notes, due 1946
Joseph of the Diocese of
:
Date
Page
15
Union Investment Co.,. 1st preferred stock___;—__Jan
1
United Amusement Corp., Ltd.* 1st mtge. 5s, series A_^Peb
I
United Cigar-Whelan Stores Corp., 5% bonds, due 1952_Jan
8
2116
1781
2655
2655
and Issue—
Company
Twin
Transit Co.—
5%s, series B____*_
Rapid
City
1st lien and refunding
Hamilton, Ltd.—
1st mortgage 5%s, due 1958——
.
Jan
West Kentucky Coal Co., 77c preferred stock—Jan
(S. D.) Co.—
Convertible 4%% debentures,
1st
,
■.
2584
tables.
grouped in two separate
In the
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
'
show the dividends
we
'
When
Holders
Share
Payable
of Pec.
12-30
12-23
Co.—————10c
Allegheny & Western Ry. Co. (s-a)
——
$3
Amalgamated Sugar Co., 5% pfd. (quar.)—
12%c
All
Metal Products
(year-end)—-—-.-—.
(Reading, Pa.) (quar.)
of Georgia (quax\)—
American Light & Traction, common (quar.)
6% preferred (quar.)——
(year-end)
American Manufacturing Co., com.
(quar.)
preferred
$1.50
12-31
1-17
12-19
35c
1-15
l- »
$1.75
Goods, 1% pfd. (quar.)—
American Potash & Chemical (year-end)
American Products, 5% prior pfd. (accum.)American Sugar Refining (year-end)
American Telephone Co. (Abilene, Kan.)—
5 7c
preferred (quar.)_
—American Zinc Lead & Smelting—
12-15
12-30
12-5
12-26
12"21
75c
70c
$3
i
v-^•
••
.
.
75c
-I*--—'
'
$4.50 preferred (s-a)
•
preferred (s-a)
6% pfd. (accum.)
6% pfd. (quar.)
preferred (quar.)—.—.—.—
Arkansas Natural Gas Corp.,
Arkansas Power & Light Co.,
Arundel Corp.
Extra
(quar.)—
—
———
——**—~—•
—
"4
■
$2,25
$2.25
30c
$1.50
r
1- 2
1- 2
12-27
$1.75
25c
12-27
50c
7% pfd. (quar.)— *
$17 %c
1- 2
(Phila.)—'
V
,
Class A (year-end—,—*.*_**,■•
10c •»-. 12-29
$1.50 preferred (quar.)—.—:
37%c
12-29
Baker (J. T.) Chemical. 5%% pfd. (quar.).
$1,37%
12-22
Baldwin Co.
(year-end)
40c
12-23
BancOhio Corporation (quar.).—...—20c
12-28*
Atlas Thrift Plan Corp.,
Automobile Banking Corp.
.J.
;
Extra
Bank
Yorktown
of
.
(N.
^
4c
12-28
(quar.)——
50c
—$1
1* 2
;
—
~~
Y.)
Extra
Bankers Securities Corp.—
1-2
1-15
participating preferred (accum.$2
Bros. Corp., common.
—
*,—
25c
5% % preferred
—,y 68%c
Barlow & Seelig Manufacturing (year-end)»
10c
Bathurst Power & Paper Co., Ltd.—
12-30
1- 1
12-28
$25c
3-1
6%
Barker
(quar.)—
Class A
(year-end).——Best Foods, Inc. (year-end)
*.
Biddeford & Saco Water (quar.)
50c
2- 1
50c
$1
(quar.)—
25c
1-20
1-20
1- 2
1- 2
1-2
2-15
2- 1
12-28
1- 2
1- 2
2- 1
12-30
2-15
2-15
Aircraft
Bellanca
Inc.
Bickford's,
Extra
Corp.
Co.,
.—***«—
— *_
(year-end)
Inc.
Boston Edison
—rr
-——
,
Blackhawk-Perry Corp.
Blair &
.*
—
—
(quar.).
Co.
(year-end) —.
Brooklyn Trust Co. (N. Y.) (s-a)
—
Brown-Forman Distillers, $6 pfd. (accum.).
Boston Investment
Byers
Co.,
(A. M.)
California
Pacific
7%
preferred (quar.)—
Utilities
(year-end)-.—,
Packing Corp., common (quar.).
5% preferred (quar.)..:
California Water & Tele., 6% pfd. (quar.)—
Canada Life Assurance Co. (quar.)—
—
Califbrnia
Ltd.———
Canadian Car & Foundry,
Carborundum Company
—
.
Corp., 4%% preferred (quar.)—.
Lockwood & Brainard (quar.)—
Co,
.*_*
Carrier
Case,
Central Franklin Process
15c
$1.75
20c
50c
$2.50
$2
$1.50
$1.75
35c,
37%c
62%c
37Vac
t$5
$50c
50c
56%c
$2.50
$4
$1.25
Central Investment Corp—
•
1-15
1-15
12-20
preferred A (accum.)
preferred class B (accum.)
preferred class C (accum.).
Century Shares Trust (year-end)..
Chemical Fund (year-end)——
6%
Chesapeake-Camp Corp., 57c
1-12
12-23
12-23
6-23
12-23
6-23
12-26
12-15
12-15
12-19
12-19
12-23
12-20
12-20
12-18
12-20
12-18
12-18
12-21
12-21
,
1- 2
1- 2
1-16
12-22
2- 1
1- 2
12-28
1-22
12-29
12-26
12-26
12-18
1-31
1-20
12-29
1-10
12-22
12-22
12-15
12-30
1-10
12-18
12-23
12-20
1-13
12-20
1-31
1-31
12-20
—
...
pfd. (quar.)—
(year-end)
7% preferred (quar.)—
Chillicothe Paper Co., 4%%
—-—.
—
.———
pfd.
(quar.)..
Chipman Knitting Mills, 5% pfd, (accum.)
Cincinnati Postal Terminal & Realty Co.—6%% preferred (quar.)
Cincinnati Union Stock Yards Co. (year-end)
Citizens Wholesale
Supply Co.—^
City Stores Co., common
6% class A (quar.)
Cleveland
Builders
—'
(quar.)...
—
Supply..
Yards Co.
(quar.)—
(quar.).^
—
Collateral Loan Co. (Boston, Mass.) (quar.)
Collins Radio, $2.75 pfd. (initial quarterly)
Columbia Mills, Inc.
—
Oombustion Engineering Co,, Inc. (year-end)
Cleveland
Stock
Union
Clinton Trust Co.
(N. Y.)
Commercial National
Quarterly
————
Community Frosted Foods—
1st participating preferred
1st
(s-a)
participating preferred (year-end)—.
Conlon Corp.,
5%
preferred A (accum.)
(quar.)
Special
Paper Co. Ltd.^ class A_.
Class
B
...
—
__
Eaton
Musical Industries,
&
...
(s-a),—————
preferred
(quar.)
^—
1-15
12-20
1- 2
12-15
Zinc
(year-end)
(quar.)_._
1- 2
12-26
12-19
12-18
12-14
1- 5
12-21
1-
12-26
12-
12-16
1- 2
1-2
1- 2
1-15
1-15
1-15
Co., Inc.
preferred
9
12-18
Common
Harrisburg Hotel Co.
preferred (quar.
Gas Light (quar.)...^
>.
20c
50c
60c
25c
$1.50
$1.25
f50c
$1.75
$1
$4
$3.50
50c
$1.75
preferred
(quar.)
12-31
12-30
.y•
■
12-20
....
'
12-20
5-25
5-25
12-20
12-20
Ox
12-26
12-29
12-16
12V2C
2- 1
1-10
Investors
I2%c
2- 1
1-15
12-29
1- 2
12-27
1- 2
1-10
Investors Mutual- (year-end)
preferred (irreg.)
International Coal & Coke
Hosiery Mills
Co.,
Mutual,
Inc.
Iowa Electric Co.,
67c
12-18
1-29
12-28
12-22
12-18
(s-a)
(year-end)....-
Pharis
Lumber
..a................
'
12-15
12-20
12-15
12-26
12-15
12-16
12-18
preferred
1
10c
Sc
$6
1-15
1*15
12-30
Kansas Power & Light Co.—■
4Vz 7o preferred (quar.).
12-30
Kaufmann Department Stores, Inc
25c
1-27
1-10
12-28
12-18
Kawneer Co.
10c
12-22
12-18
(quar.).......
.........
$1.12Va
1- 2
■7
.
h-.
f
12-20
2- 1
L- 2
12-20
5%
nreff^pd
W.)
$1.25
Kentucky Utilities Co., 6% preferred (quar.)
Kermath Manufacturing
Keves Fibre Co., 67c prior pfd. (quar.).____
Kobacker Stores, Inc., 77c preferred
Lane Comnany (year-end)
Lawyers Trust Co. (N. Y.) (quar.)
.
12-20
.
1-31
$1.50
1- 9
1-15
12-22
12-30
25c
$1.50
$1.75
1- 2
3-1
12-26
75c
1-3
12*23
25c
1* 2
12-23
12-15
12-20
2
12-23
1-
2
12-15
12-
12-22
12-15
2-15
■
2-
1
'
1-15
1-20
1
1-24
1-15
12-30
1
1-10
2-
2-
2- 1
1-10
2-
1
1-10
2-
1
1-10
12-23
12-22
12-23
12-22
12-23
12-22
12-22
12-22
12-23
12-22
$3
—....
VPvtfiii
12-22
12-22
1-10
25c
60c
(quar.)—i
12-23
5c
'——-
12-23
$2
& Co.
1-20
1-10
1- 3
12-22
1-
2
12-23
1-
3
12-28
1-2
12-18
12-21
12-19
30c
25c
$1.23
$25c
25c
50c
$1.75
$3
$3.50
15c
■f..
preferred A fquarj—62%c
f Seaboard Finance Corp., common—
10c
Signode Steel Strapping, common
42.50 preferred (quar.)
Sinclair Oil
Corp.
(quar.)
(quar.)*.
preferred
.7 'fc
—..—.
(quar.)—.*.**..*
Co. (N. C.)
-ICommon
preferred
Standard
1- 2
12-20
1- 2
12-20
(quar.)
Brands. Inc., $4.50
pfd. (quar.)_«
12-28
12-20
12-20
12-28
12-20
12-30
12-18
12-18
12-18
12-20
12-30
12-20
2-
1
1-10
2-
1
1-25
2-
1
1-25
2-15
1-15
"
$1.75
I* 2
12-20
80c
12-20
12-16
25c
$1.75
$1.12ya
12-28
12-15
1-10
12-15
3-15
3- 1
$15
12-20
12-14
25c
25o
/B^nthern Franklin Process Co.—
^
12-20
12-20
12-31
62%c
t Squthern BleaChery & Print Works—
>*>.
12-20
2
12-30
$2
t,
1-
2
12-30»
preferred (quar.)—.—.—
—..
~80c
$2 conv. preferred (quar.)*
50c
Seagrav'e Corp., 5% preferred (quar.)
$1.25
Seneca- Falls Machine Co. (year-end)—10c
Sherwin-Williams Co. of Canada, Ltd,.—.
$15C
d
B
12-29
12-29
1-
12-28
'
1
Southern Fire Ins.
(ouar.).
12-30
12-23
"
1- 2
1- 2
5
$1
(extra").——*,—*
—
'3%% preferred (s-a)__—:
6% preferred (s-a).__
.....
■
12-20
Kellogg Switchboard & Supply—
1-
12-22
$2
7% preferred (3-a—
Seaboard Commercial Corp., common (quar.)
*■
12-15,
12-27
$2
$3
"(extra)...*—
.Extra
12-15
1- 2
$3
...
ScruggS-Vandervoort-Barney, common (s-a).
r
40c
$1.31%
$1.75
31%e
: 37%C
Co., $1.20 Conv. pfd. (quar.)
Inc. (extra).——
r St. Joseph Railway Light Heat & Power Co.—
%
57c preferred (quar.) ————*
l
Sangamo-Co., Ltd. (qiiar,,
y
12-15
12-30
2
1-
12-22
RussekSv Fifth Avenue,
f;
12-22
12-28
12-28
12-28
...
,
1-20
12-20
1-25
1-20
12-22
Root Petroleum
12-30
12-20
12-27
12-29
"
Dividend obligations (s-a)..
Rickei ,(H,
12-22
12-22
12-22
12-15
1-10
12-29
J Rochester Button Co. (q'uar.)——■.*——
\ Rollins Hosiery Mills, Inc. (year-end)—.
12-21
$1
25<s
$1,75
(year-end)...
.•
i
12-22
12-16
2
12-19
RR.—
—
I
2
1-
25c
$1.25
$7
pfd. (quar,)..—
Potomac
312-
3-15
12-15
17%c
(year-end)
.....
67c gtd. preferred
7%. gtd, preferred
t
12-19
12-13
$1.50
3" 1
12-12
'
12-31
12-20
5%
■
K
12-23
*
12-19
'.
•••;■
Voting common
12-20
1-2
of New York
EXtra..'.'—
'
12-16
43%o
25c
$1.75
Bros., common (year^end)........
Non-voting common (year-end)..........
(quar.)
Non-voting common (s-a)
f
12-13
12-15
Jenkins
12-20
$1.12%
15c
20c
$1
80c
preferred—..!..
6%; preferred (quar.).—
•'.Richmond Fredericksburg &
12-13
3-
Corp.
? Rheem Manufacturing,
1-15
12-27
12-28
12-28
12-29
12-28
,
$1
? Reliance Electric & Engineering Co., com...
^
$5 preferred (quar.)——
l Reserve Investing Corp., $7 pfd. (accum.).*
Revere Copper & Brass, 5%.% pfd. (quar.)..
.'X: 77c preferred (quar.)—
12-15
40s/bC
(accum.)
12-22
12-22
3-15
6c
Northern Ry.
Reinsurance
12-15
12-16
(quar.).........
Rubber Co.
&
12-23
12-30
—
I Radio-Keith-Orpheum—
y
■.'•J!
6% preferred (accum:) (quar,).—
12-26
12-15
3-10
4%%
12-27
12-30
/Pollocks Inc., 6% preferred (quar,)..—...
Preutice-Hall, Inc. (sppcial).
—.
12-19
12-27
12-27
12-22
Tire
Corp.,
12-29
12-29
75c
fl7%c
37 %c
$2
iPublic Service Corp. of N. J,—
.':5x
6%
preferred (monthly)——50c
6
12-19
30c
30c
preferred Class A
........
12-20
12-29
—$1
$4.
Lumber Co
12-20
2
2
1-18
' $1
Co. (year-end)r.
Plaiafield Union Water Co. (quar.)...—..
plant (Thomas G.) Corporation—
7% 1st preferred (accum,)..'—....*——
Pneumatic Scale Corp., Ltd., 7% pfd. (quar,)
12-22
12-16
1-
1-
$1.50
Philadelphia Company
25c
12-20
77c
12-22
Piedmont &
12-22
1- 2
12-18
20c
1-10
12-27
1- 2
1- 2
1- 2
12-30
12-18
12-30
Ltd. (interim)........
J5c
Insurance—30c
Co.
1-10
...
pfd. class B
12-30
1*3 5
12-30
$1.25
$1.25
\
:
(quar.)—....
preferred
$6
12-20
(quar.)
..
12-30
$1.25
pfd. (quar.)
Pacific Car & Foundry, common—2..
Year-end
12-29
12-28
12-23
(extra),
Mortgage Co. (Bridgeport)
1-15
1-15
.
*
_!
Securities Co., Inc.
Brush Co. (extra)
Penn-Federal
tlVaO
$1
Ltd.
(accum.)..
......
Irving Air Chute, Inc. (quar.)
Jeannette Glass Co., 7% preferred (accum.)
12-22
Fibre
12-26
12-28
40c "
6%
$1
$2
12-21
Co., common
12-30
45c
40c
Investors, Inc. (year-end)..—^.-...
Inter-Mountain Telephone Co., com. (irreg.)
12-21
2
'"
Pacific
lc
1-17
2
1-
25c
50c
Overseas
2
1- 2
32-27
12-27
1-26
1- 4
1-25
12-15
2
12-23
5-10
1-
12-30
1-
1st preferred
8>
y
12-21
-
12-20
(quar.)..—25c
(quar.)...m.*.-„.w.l-..':V;y ••' $2
"77c. .2nd preferred (quar.) —...
...—
$1.75
Oppenheim Collins & Co., Inc. (year-end)..
50c
Ohio Leather
12-18
...
2
1-
Gold Mines,
Old Dominion Fire
12-30
$1
$1.75
$1.50
$1.50
15c
15c
$1.62%
Inland
77c
(quar.).
Chemical
f
2-10
50c
Noxftna
O'Brien
&
40c
$1
12-12
Public Service—
*
1-15
2
■
...
25c
—.
J Exbi':
,
5-10
1- 2
2- 1
1-
12-19
1-15
1-
$1.50
pfd. (quar,)..........
y;;!
Northwestern National Insurance Co. (quar.)
.
Extra
Telegraph Co.
(Fort
(quar.).—.—.—.
2-15
.12-23
1-15
Railway Co.—
Northern States Pwr. (Minn,), $5
12-20
1-
,
y
preferred
> 57c
12-20
.
(quar.)..,
Ry. <s-a)...».
Northern Indiana
1-15
$1.50
$1
$1.50
70c
$2.50
lc
.............
12-18
3
12-29
50c
20c
.
Co.
Special
Northern Central
.
12-20
35c
.........
Manufacturing, 6% pfd. (s-a)
^
Hussman-Ligonier Co. (quar.)......
.....
Industrial Silica Co., 6%7o pfd. (accum.)..
Investors
—
Gas
North Texas Co,.—
12-18
68%c
12-31
2
12-29
,
Adj. preferred (quar.)......—$1
•
12-15
12-30
12-27
2- 1
1- 2
$3
$1
....
....
1-15
2
| Quarterly
I
12-26
12-26
12-21
..
12-21
1- 2
12-22
12-27
1-2
2
1*31
3-
lc
10c
15c
50c
\)
1-15
National Fire Insurance Co. (Hartford, Conn.)
1- 2
25c
Hibbard, Spencer, Bartlett & Co. (year-end)
Highland Dairy, Ltd., 57o pfd, (accum.).—.
Holly Development Co, (quar.)
—
Telephone
4.;
(quar,)
National Bond & Share Corp. (quar,)....
National Bronze & Foundry Co. (resumed)...
1- 2
2- 1
1-15
12-30
12-23
12-28
12-28
1-15
80c
$1.25
50C
$1.25
.
.....
Henkel-Clauss Co., common..
$6 preferred (quar.)__.
....
$1.62%
1-
-
Fund
Investment
trial
12-31
Pacific
(year-end)....
(Pa.),
1- 5
12-23
.uhfterly.
12-20
12-21
,
1-
*
15c
12-15
Times, common.......
12-16
12-21
(<iuar.)..
1931)
Pacific Wood Products Corp.—
0%. preferred (liquidating)......^.....-.
....
12-20
12-14
(series
2
1-
.;
$20o
vMoyrft Diablo Oil, Mining & Developments'v H^
12-18
12-15
...
1- 2
$1.50
"t 0%" preferred
2
3-
1
1-
15c
12-15
(s-a)
....
Light
...
Greif Brothers Cooperage, class A (accum.)
The above payment clears all arrears,
Class A (quar.)..—
.........
Group Corp., 6% preferred (accum.)....
Guaranty Co. of New Jersey, class A
Harris-Seybold-Potter Co., $5 pfd. (quar.)..
Interstate
Shipping
12-13
2-
'
Extra
12-23
1- 2
1- 2
12-29
1-1
1-25
1-25
1- 2
1- 2
12-30
1-15
12-27
12-27
12-28
1* 2
Gas
12-20
12-28
prior preferred.....
12-28
.
...
12-19
25c
$1.50
(quar.)..............25c
3-12
$1
$1.12¥2
Hunter
12-19
12-13
12-22
20c
(year-end).
4Va% conv. preferred {quar.).__..__..
General Shoe Corp., 40c preferred (s-a)....
General Tire & Rubber Co. (year-end)
Gibson Art Co. (quar.)
....
Gimbel Brothers, Inc., common...;
......
$6 preferred (quar.)
Glatfelter (F. H.), 5% preferred (quar.)...
Goderich Elev. & Transit Co., Ltd.
(irreg.)
Goulds Pumps, Inc., 7% preferred (accum.)
Graton & Knight Co.
(year-end)...
Great Lakes Towing Co., common (year-end)
com.
12-19
12-18
11-24
12-22
Monfreal Light Heat & Power Consolidated!
MorrOs Plan Corp. of America—
^ '
12-23
12-21
$3
'
12-20
25c
(quar.)!...
Hart, Inc., $1
Mississippi
5
12-26
7
c
;Vv:i 50c
Products
12-20
Year-end
Extra
~$2
Year-end
1^ 2
1-2
1-31
1- 2
12-29
12-29
(quar.)
Fuller Brush Co., 77o preferred (quar.).
$1.75
Fulton Service Corp., class A (year-end)
i.; 25c
Common (year-end) .
25C
Fulton Trust Co. (N. Y.) (quar.$1.50
GalVeston-Houston Co. (quar.) ...r
20c
Gar Wood Industries, Inc......_..___.__
10c
Gardner Electric Light Co., com. (irregular)
$3
57o preferred (s-a)^.
—...
$2.50
General American Investors (year-end)....
$2.32
General Controls, common (year-end)
75c
Preferred (quaf.)
37%C
General Finance Corp., common (quar.)
5c
5 7o preferred A (s-a)
V ' 25c
6 7c preferred B (s-a)—........
30c
General Investors,Trust (Boston, Mass.)—
V
Home
11-24
12-29
50c
25c
....
12-28
12-28
12-15
30c
12-20
50c
.....
(quar.)...
Machinery Corp.,
12-18
12-20
Newport Electric, 6%
5%; preferred (quar,)....
Co.
12-18
12-22
12-15
$1.25
(extra)—
Froedtert Grain & Malting
2nd
—.
1-2
12-22
$1.75
$1.25
,
2
Norfolk & Western
Paper,
$6
(quar.)
12-16
1
2-
$3
(s-a)
12-14
1- 2
2
12-30
Brush
12-14
12-20.
1-
12-20
Wayne) common
77c preferred (s-a)——.
...
Horn & Hardart Baking Co. (N. J.)
(quar.)
Horn & Hardart Baking Co. (Pa.) (quar.)..
25c
20c
t
Middlesex
—
$5
Process
12-20
40c
1-
1-15
1- 2
1- 2
Fibre
12-14
25c
—75c
preferred (quar.)___..
$1.25
(quar.)
.....
$1
River
12-20
12-31
20c
1-
$1.50
National Fuel
Fox
12-15
2
8%; preferred (quar.)...
Middle West Corp,
12-30
Fox
12-23
1- 2
1-15
;
12-18
Co.,
12-30
20c
(accum,
1-15
Fund
1-12
12-11
1-15
20c
preferred
7%
1
8
12-20
McKay Machine Co._,_..__—_
Hawley Pulp & Paper Co.-—
1-16
Register,
8'/<<*>preferred
.
12-28
(increased)
Insurance
(San Fran.)
12-15
12-27
12-28
McCaskey
25c
40c-.
Hartford
Massawippi Valley RR. Co.
12-20
2-
.
12-
37V#c
.
.....
1-2
Extra
7%
12-15
i
30c
$1.25
(special)
Sons, (quar.)
&
(quar,)......_.^..-^_....;,:':$1
Filtrol Co. of California
Greenfield
(M.)
1- 2
1-15
1- 2
(quar.)..—
(quar.).....
common
10c
25c
preferred (quar.)
$1.12V2
Fail River Electric Light Co. (irregular)
50c
Federal Services Finance Corp., common
50c
67c preferred (quar.)—......
$1.50
Fidelity-Phoenix Fire Insurance (s-a80c
Franklin
12-30
Mississippi Power & Light Co., $6 pfd. (quar.)
Creamery Co., common
preferred
1-15
1-15
12-30
$1.06Vi
(quar.)..„^.
12-29
:
.....J...
4Va%
$4
12-30
1
12-27
Miller &
Evans-Wallower
...
1-15
2-
,
12-29
Phonograph
12-14
50c
'■/rExt'ra"
Corp.,
12-23
1
12-14
.*
12-29
&
12-14
:
(quar.)
1-15
1-15
1-15
Radio
12-21
12-23
(quar.)
$1
70c
70c
$1.75
15c
75c
Johnson
Bros.
A pfd.
12-18
Emerson
12-
12-26
,
12-23
12-22
Endicott
12-31
60c
(quar.).^-
1-30
12-27
2nd prelerred (S-a)___
Emerson Electric Mfg., 7% pfd.
12-18
1-15
12-15
$1.50
25c
5o
.....
dividend)
6%
Quarterly
pfd. A
preferred
Fully Participating
Marsh
1-15*
12-14
Calculating Machine Co.fc (quar.).
Marine-Bancorporation (special)..
12-20
12-21
12-15
12-23
:
& Co., 4V2%
Marathon C6rp„ 5%
12-26
$2
1- 2
12-23
Marchant
12-20
$1.75
12-29
12-28
(year-end)..^.
100%
12-13
Consolidated Machine Tool Corp.—
$6
•
8
50c
$1.317*
$1.25
(quar.)
com.
%$1.20 convertible preferred
12-30
1- 2
1- 2
12-21
'
Ely & Walker Dry Goods, common (extra)..
7% 1st preferred
Fireman's
Forbes,
ahning, Maxwell & Moore.:.
4ansfi«ld Tire & Rubber Co.—
.
1-15
12-30
1-
$1.75
$1,25
-
pfd. (quar.)
12-30
Corp. (year-end).—
Electromaster, Inc. (year-end)
Elizabethtown Cor.sol. Gas (stock
Fairmont
5Va%
MagoF Car Corporation
(R. C.) Co., $2 class
.
3-11
9c
12-15
68%c
$1
$2
1-2
1
$1.30
::
pfd.
preferred (quar.)
Macy <R. H.)
.
1-15
•
2-
Michigan Associated Telephone Co.—
12-28
50c
12Vac
35c
$1.50
5
9
1-15*
1
30c
:
5.2%
Electric Co.
Gas &
?6%
12-21
2- 7
2- 1
3-11
117V2C
$1.50
(accum.)....
Electrolux
47c preferred
Gas & Elec.,
MacAtidrews &
Ltd.—
12-28
12-28
12-26
12-28
1- 2
$2
43%c
$1.12%
$5
Lynn
12-29
3-15
2-
60c,
9-30
12-30
(interim)
shares
American
(quar.)
flnitiftl stoek (special)..!.,
—
Paper Corp., $3.50 pfd.
Electric
Corporation
Luzerne Co.
12-16
3-15
50c
(quar.)
.y, Extra
vr
Of Rec,
2
50c
6-30:
50c
$1.214/s
$1.214/s
8c
9V«c
$1.25
3-31
$1.50
Extra
...
preferred
t20c
$25c
125c
$1.25
25c
—
Duquesne Light Co., 5% 1st pfd. (quar.)
Duval Texas Sulphur Co. (quar.).
5Vs7c
Connecticut & Passumpsic Rivers RR. Co.—6%
fiVi'/w
Deposit Receipts (interim)
Co.r- Ltd. (quar.)..-^....
American
12-26
12-31
1-
62>/2c
—
Corp.
Long-Island Safe Deposit Co. (s-a)
40c
L56mis-Sayies Mutual Fund, Inc.. (quar.)
50c
-Extra
..v—$3.45
Loomis-Sayles Second Fund, Inc. (quar.)-.
20c
*
,
r12-
(quar.)
Tire
&
Mahon
Dominion Malting
Donnacona
Rubber
i
4-2
4-
ioc
...
'Common
:
Haverhill
Connecticut General Life Insurance Co.
(Hartford, Conn.)
Distillers Co., Ltd.—
12-27
Bank & Trust (N. Y,)—
...
—,—.—.
12-30
Chicago Railway Equipment Co.—
Common
Cement
$1.42
7%
6%
25c
(quar.)—. ;
Co.
.
25c
—,
Portland
Diamond
Fisher
Electric Co.—
Central States
!
2
30c
$4
20c
Edison
(quar.).—...
& Cohn
(Alfred)
Quarterly
Quarterly
General
'■
1
,
12-31
2- 1
1- 5~
1- 5
7- 6
; 1- 5-:.,
•; 7- 6
12-30
$1.50
—————
(S-a)
1- 5
<
1-15
$1.25
preferred (accum.)———*—.—$1.25
Amoskeag Co., common (s-a)——— .
75c
—
12-26
12-27
2-2
5%
Extra,
12-19
50c
$1.25
—i,—*
American Paper
Common
1-15
2- 1
12-31
37%c
f
American Meter Co., Inc——
—
American News Co. (increased)————
77c
12-23
12-20
1-15
15c
10c
30c
American Discount Co.
$4.50
12-20
1-15
Bakeries
American
American Casualty Co.
5%
12- 9
1-2
1- 2
2-1
Albemarle Paper Mfg. Co..
—
1* 2
2- 1
Alaska Pacific
12-20
12-15
1- 2
12-20
Manufacturing Co., Inc. (quar.) ■
lie
Consolidated Mining-—5c
77c pfd. (accum.)
$1.75
Brass
1-
l.v"'' ■ 25c
Quarterly25c
Delaware Fund, Inc. (extra)—....—-—...
$1.30
v
.
,
12-15
12-16
12-26
Extra
Per
Akron
(quar.)
$1.50
(quar.).
referred
6%
preferred (quar.) _—
Easy Washing Machine, 7% pfd. (quar.)...
Eastern Magnesia Talc Co., Inc. (quai\)_-~
Industrial and Miscellaneous Companie»
Name of Company
(quar.)
Lenox,,. Water Go. *(quar.)
Lexington Telephone Co,,
20c
,
$6
announced this week are:
The dividends
Leich (Charles) & Co., 7%' preferred
East Tennessee Light & Power Co.—
'-'".i
:
declared.
1-15
12-22
12-27
1-15
12-30
"Detroit River Tunnel
we
which
Lehman
common
Extra
12-15
Detroit
are
12-30
1- 2
6%
bring together all the dividends announced the
current week.
Then we follow with a second table in
1-15
—.
Co.,
preferred
$2.50
Lee
1- 2
1-2
1-10
4-10
7-10
10-10
12-19
Decker
DIVIDENDS
Dividends
1-2
12-27
(A.) Co., class A (irregular)
12V2c
co'nv. preferred (quar.)—__—15c
—
first
3-' l
31V4C
. -
Co.,
&
2-15
DePinna
:
Leath
2-
2
Holders
When
Payable
■
i Name of Company
'•
2-15
'
87%C.
75C
Packing Co..——— —-—30c
Davidson-Boutell
Per
Share
■
80c
——
(s-a)—-
'
■
$1.75
.
Extra '
Cudahy
in this issue.
•Announcement
(quar.).
Insurance
"
;.'f
of Rec.
Payable
50c
common
Cooper (Peter),
pfd. (accum.)
Crompton & Knowles Loom Works (year-end)
*2584
;—Dec 30
1952
prior preferred
7'Jo
Continental
2116
2585
due 1952____u.„_t_——Dec 30
Vultee Aircraft,
$1.25 conv, preferred (quar.)
Continental Gas & Electric Corp.-—
_
„
bonds, due
mortgage 4%%
1
1
/
"
United Gas & Fuel Co. of
Warren
Holders
When
Per
Share
Name of Company
Consolidated
Monday, December 25, 1944
FINANCIAL CHRONICLE
THE COMMERCIAL &
2790
Standard Fire Insurance CO. of New Jersey—
YCW-end
When.
Name of Company
\ ■■■:,
prtnerrod
Mm,
'.
(quar.j
'
B.J co,, common._....__,
vo.ul
12-29.'
l-
Light,
Power &
prd.
7%
•!■
pfd. (quar.L_ y
York) (quar.) ,;
•'
Terminal Cold Storage—
.Union
.'
,vk.
t„
.
v
2
12-21
12.421
i-;io
Borg-Warner Corp.
12-14
Boston
12-14*
Boston
.12-20
American
Gas
Machine
Amer:can
'
preferred
$2
U.
iii.
4%c
,
■
67'«
preferred (quar.)
Bridgeport Brass Co./ common
5Va7»
preferred (quar.)
American
/-yV
50c
1- 2
12-20
';!)■ V
...,;,
(quar.)
' 68:iic ;t-19 '
(liquidating):
$5
.1-10 T 12-11
;
(quar,)
-
Mav-iintry—-
U.
S.
Lumber
U. S. Sme,
'c6r-4Z^j:^-r'
10c
—\
(quar.)_„-_
Vertientes-Camaguey Sugar Co. of
Cuba—
Class
$1.50
■
A
C'flss
iquar.)—.
-
.
..
$150
75c
3334C
B
.
&2VsC
75c
)1% preferred (s-a)
35c
Weston (Geoige) 5^ preferred (initialt$l
*** fi~ LekeF(e>y Co,——75c
Wickwirc Spencer Steel Co.__^—3—^.i;—
$1
Wisconsin Co., 7% preferred /(quar.) —$1.75
Pipe & Steel,
Western
Young (J. 6,1 Co.,
common.
-
—
'
"
'
1
111
'
*
American
1-10
2
1-
2
12-20
1-
2
12-20
1-
'
1
" I.1'
11
1
11
i.V
weeks
dends
$6
Anchor
30c
12-
12-28
12- 9
25c
i-
$6
$1
12-28
12-27
12-
8
Burlinaton
Bush Terminals Bldgs.,
12-
Bush
Co.,
$5
•'•6.7$
1-
2
12-15
1-
2
12-
9
$1.75
1-
2
12-
5*
1-10
$1.25
1-
12-
$2.25
1-15
Associates
Miscellaneous Companies
2
'-*-l
Name 6} Company
-:/j
'
»
Payable
Share
$6 preferred (s-a)
$3
Abbott Laboratories, A'/* preferred (quar.)—
$1
Acme Glove Works^ Ltd., 6Va%; pfd. (s-a)—. ; $$3.25>:
Adams Express Co. (year-end45c
Adams (J.< D.) Manufacturing Co. (quar.)__
20c
AddifSoOgraph-Muitigraph Corp,
25c
Abercrombie & Fitch Co.,
10c
25c
(year-end 1
Aerial Products, Inc. (year-end)___
'
Aero Securities
(year-end)—t.——.4—v
Aero Supply Mfg. Co., Inc., cl. B (year-end)
"
Admiral
|;V
Corp.
:
■%
-
":l- 2
,
Calgary Power Co Ltd,
1
Callite
12-
1-10"
w»r
26c
12-28
12-27
12r20
■
12-29
Canada
•7 1-24
Casualty
Surety
&
(quar.)
Conn.)
12-
12-27
4
1-
12-30
v;;
(Quarterly
•
Life
Aetna
Insurance
(quar.)
Co.
Extra
■
Standard Engineering, 5% prd.
Aetna
(quar.)
Supply Manufacturing, class A iquar.)
Affiliated-Fund, Inc. Aquar.):_^_-r^.—_2-2— /
Aetna
1~ 3
;
-11-
Canadian
67$
Corporation
1-
_
,
;
of
of
New
Co.
Manhattan
Bank
York
12-11
55c
12-27
12-20
12-27
12-20
12-20
12 %c
4
12-23
$2.50
1-
2
12-
6
1-
2
1-
;
Ltd.,
2
:>12-15
1-
2
1-
2
12-15
;•
,
12-15
<
$53c
Co.
B
-,,12-12
12-31
$$1
12-12
12-12
12-31,
12-30
3-15-45
$75c
1-31
$30c
1-
2
$30c
1-
2
12-15
12- 1
V
12-
1
(Winnipeg,
(initial)-,
______
I
1-2
$6277sc
(quar.)
(initial).,
Class
12-31
$$1.75
1-2-45
1
$$2
1-
2
$$4
7
12-20'
j;
1-
l- 2;
$50c
Investment
A
12-21
$$2
Products. Ltd.
Foreign
1-10
$25C
.
12-15
12-20
12-27\
$$1.50
'
1-15
12-18
t$2
1-
2
12-20
27$
2-
1
13-29
$30c
1-
2y
$$1.75
►
■
L
$20c
1-
2
$37Vs>c
1-
2'
Co.,- Ltd. (quar.)—
$50c
2
12-11
2
12-12
1-
2
12-14*
Canadian Westinghouse
1-
2
12-22
12-14
12-15
12-15
Canadian Wirebound Boxes Ltd.—
12-28
12-16
12-16
12-27
$$1.50
11-30
12- 1
>
(quar.)
11-
25c
7C
(incr. quar.)
2
1-
'
(quar.)
common
$3.50
Canadian Silk Products $1.50 class A
,
12-
1
12-15
1-1
12-11
12-29
12-11
75c
1- 2
12-22
50c
1-2
12-12
1- 2
12-12
$1
______
Co
1- 2
50c
(quar.)
Mills
Cannon
$37V2C
$1
A
Class
12-29
20%
(N. Y.), stock dividend
1-
-42-15
r 12-15
'
,
(quar.)___
common
35c
7,
MO
rr'l-lO
$5c
(quar.)
preference
Class
12-11
2
1
1
1- 2
$15c
7
$1.50
,,
(quar.)
Y.)
(N.
1-20
15c
1-10
,
2,
$25c
,
2
1-
$1.75
8
12-13
'■
2-
$50c
$20c
12-26
-2-
•
1
2-
$$1.25
Corp., Ltd—
Canadian General Electric Co.
(quar.)
Canadian Indemnity Co. (s-a)
Canadian Industries,-class A (year-end)
Class B (year-end)
—
7%
:
preferred (quar.)—
Canadian Oil Cos., 8% pfd. (quar.)———
Canadian Pacific Ry. Co., 4% pfd. (year-end)
Canadian Shipbuilding & Engineering-
12-20
1-
(quar.);
Investing
Bankers National
Bankers Trust Co.
2
12-26
V>"- $1.75
Hydro-Electric, common
(quar.)
6%
preferred (quar.)
Bankers Trust Co, (N. Y.). (quar.)
Bank
Canadian
—
'lie .preferred
lj-10
"
1-1-45
(s-a)__—
Canadian Food
11-29
10c
77
1
$8c
Insurance
Fire
11-29
"
12- 6
2
2-
$37 %c
(quar.)
preferred
Manitoba)
3
prior preferred (quar.)
7"%
Inc.,
(year-end)
Inc., com.
Fund,
(year-end)
B
Cottons,
Canadian
12-23
3
37 %c
1-
2-15
1- 2
■
Quarterly,..
25c
Albany
&
12-30:
"l|-21
12-30.;
1^-21
Sc.
Algoma
...—Cm—.——
Steel Corp., Ltd., 5% pref. (s-a)—
Extra
-—-----
Allegheny
$$2.50
Susquehanna RR.^__i.___—$3.75
dj Western Ry., Co., gtd. (s-a)—.
$3
Inc.—25c
Fisher,
&
Alios
Allied, Laboratories Inc.———1,5c
Allied'Products Corp. (quar.)
50c
1-
;12r
1
2„ ,.W5-
^li-20
1-2-4-57..
12-29
12-26
'
12-15-
.12-9
Asphalt
of
Barber-Ellis
Corp
$5Vz
Bath
5r4>■
(quar.)
Stores
:—
Corp,,
preferred
7%
preferred
Co.
Canada,
Ltd.——$30c
conv. pfd.~,.
75c
(quar.)—
5c
——
pfd. <quar.)_
pfd. (quar.)_
preferred
American
7%.
Air
Filter Co.^
preferred
_
RR.
preferred—-
Y.)-(quar.)
25c
—
Inc., r$4lA
American Alliance Insurance <N.
Extra
^—>.———2
American
Bank
Common
E%-
Note,
-
common
(year-end)
preferred
-
(quar.)_.
American Bantam Car.,
(s-a)
Co.
preferred (year-end)
5c
20c
20c
75c
30c
7 l|-20
1-15-12-20
1-15
1-
2
7' 12- 6*
12-2877:1:2- 6*
1-
2
1-31
12- 6*
3?-31
5 7<>
1-15
35C
1-
2
12-11
1-
2
12-11
1-
2
1-
2
12-15
1-
2
12-15
t$3.50
1-
2
12-15
1-
2
12-
1-2-45
1-
2
1-
8
12-5
11-30
2
11-30
J$2
1-15
'12-23
12-27
12-
9
Corp.—
12-30
15c
12-30
12-15
62 %c
12-30
12-15
30c
_____________________
Inc.
50c
2-
1
1-19
(quar.)
(quar7
Co.,
(quar.)
preferred
:
'L
;—
1-
2
12-
1
$1.75
1-
2
12-
(final)
ordinary registered (final)—~_—
General Corp. (quar.)—_____
Ltd..
class A ord.
reg.
12-28
12-20
12-30
12-20
Laughlin, Inc., common (year-end)
convertible preferred ;{quar.) ________
_
$1.50
1-
2
12-15
$1.75
___
1-
2
12-15
75c
37 %e
12-30
12-30
12-21
12-21
2
12-16
1-2
12-16
1-
6
12-15
1-
17 Vi 7$
6
12-15
12-18
5c
12-30
12-18
(j7w.l~CmIIZZl——I—-I—-II—I"
Carter
15c
12-29
12-19
(quar.)
$1.50
&
Carthage Mills, Inc., 67$ pfd. class A
67$
Case
77$
(J.
I.)
_
(quar.)
Cassidy's Ltd., 7% preferred (accum,)——
Cayuga & Susquehanna RR. Co.——
Celanese Corp. of America, common (quar.)
$4.75 1st preferred (quar.)
—
preferred
2nd
Celotex
5%
preferred
(quar.)
—____
(quar.)—
(quar.)____,
i—_
Aguirre Associates (quar.)x—
Electric & Gas, 67$ preferred (quar.)
Corp.,
common
preferred
Central
Central
Hanover
Central
IPinois
Bank & Trust Co.
17 Va%
■■■
1-
1-2
12-14
$1
12-24
12-12
$1.75
1-1
12-12
&
Gas
Central
preferred (quar.)_
(quar.)—
$6 preferred
(quar.)—
7%
preferred (quar.)—.
6%
2
1-2
12-21
50C
12-31
12-13
$1.18%
1-2
12-13
$1.75
1-2
liM3
75c
,
12 %C
2-
2-
1-12
1
25c
1-12
12-30
12-3.0,
75c
1
1-15
37 M>.c
12-11
(N. Y.)
<quar.)_
pfd. (quar.)
Kansas Pwr. Co., 4%% pfd. (quar.)
Central Maine Power, 57$
12-
1-2
$$1.75
$1
Electric
12-14
2
60c
(quar.)
Co., common (year-end)
class B
preferred
Central Illinois Light Co.. 4Vz7$
25c
1-
12-30
B
1
40c
12-12
$1.50
$1.75
$6 pfd. (quar.)
5c
Class
Carriers
Central
75c
(year-end)
—
(s-a)
& Light
Power
Carreras,
12-15
Limestone & Cement Co.—
Son,
1st preferred
4%
Carolina
77$
(quar.)
common
12-11
75c
______
Birmingham Electric; Co., $6 pfd. (quar.)
$7 preferred (quar.)
&
1-30
$$1
(quar.):
(quar.)
Corp._i.__
Loan
30c
t $ 1.75
common
of Canada
Industrial
7.
$1
(quar.
Birdsboro Steel Foundry & Machine Co.—
Year-end
Bliss
12-20
50c
_________________
preferred
&
3
$25c
(quar.)____7
Bethlehem Steel Corp. 77<> preferred
Bird
1-
$1.06%
prior preferred (quar.)_____
Benson & Hedges, $2 conv. pfd. (quar.)
6%
12-15
■7
(quar.)
(quar.).
Ltd.,
Aviation
Bessemer
1
preferred A (quar.)
Carnation Co.,
$7
('tjuar.)
Co,
Year-end
$1.75
$1.06%
(quar.)
American Airlines,
Telephone
Common
25c
Inc., com. (quar.)
1-
.;'
Capital Administration Co. Ltd.—
63
}50c
Packing Co.
Beneficial
Amalgamated Leather Cos., 6%
12-15
;
,
$2Vz
—
6%
5%
Amalgamated Electric Corp.,
Amalgamated Sugar Co.-
.
____■
preferred
Bendix
(quar.)_„
of
7 " ...7.
(quar,)
B
Creek
771>.
Bell
1
65c
2nd
Beech
1-
•„
7',7;7', $1
Corp
Brothers, -class
Class
12-15
40c
Extra
Beatty
12-31
$1.37%
Beatrice Creamery Co., common
4 Ys 'ic
1-15
12-30
(quar,)_____
(Formerly Old Colony Trust Assoc,)______
Beech-Nut
433/4C
(s-.a)_
(accum.)
common
Bay state Corp.'—'77
25c
$1.25
$1.50
$$1.25
common—-——
Aluminum Co. of .America,
Aluminum
r—
m.75
$$2.50
pref.
(quar.)
Works
12-15
•
preferred
Co.,
preferred
Iron
2
1-
25c
7%
Canada,
Bread,757$
Bastian-Blessing
1
'
1-
Barber
Barkers
Belding-Corticelli
A
Class
Allied
.
1
12-20
712-15
$85c
preferred (quar.„
rights (year-end
Canadian Converters
(quar.)
L
12-15
2
1-
Bangor
2-714-15
Agnew-Surpass Shoe Stores, Ltd.—,' • -Vfj)..7
7717'/o preferred (quar.)-'2—4-—$$1-75
Agricultural. Insurance Co. (quar,) ———
7 75c ,7 1-7i-'.X;;712715
.Spepial
-A--—•"■. 25c
j- 27--%2f20
Ahlberg Bearing Co., cla is A (quar.)—8%c
l2-2^::''m2U
Ainsworth Manufacturing Corp. (year-end) _
75c
12-29..^ I%22
Air Investors, Inc,,, $2 conv. pfd. (year-end)
80.c
Alabama Power, $6 preferred (quar.)—
$1.50 : '• 771-, 3fVV'-124 8 ,
$7 preferred
(quar.) — —;—
$1.75 ,71- 2.1 1%- 8
Albers Super Markets, 6'5
preferred (quar)
$1.50 .",1- 2^ 12}20
Ailemania Fire Insurance (Pittsburgh)—: .
'
5
1-
1-
Backstay Welt Co
——__________
Bangor & Aroostook RE., 5% pfd. (accum.)
It,-29
:..12f23
1-20
1-
12- 9
;
2
$$3.50
$$1.25
Funding
5
65c
Axe-Houghton
-.
12-30
$1.25
37V2.C
3c
7'";'. .vf
1-
i
1-
$25c
participating
Canadian Celanese Ltd.,
12-20
1
2-
40c
(year-end)___________
B/G Foods.
1 If 29
-
3
12-30
25c
preferred (quar.)
1-25
convertible preferred (quar.)
77$
12-12
,:i
12i-13
T- 2
20c
30c
30c
2
10c
V'7
12-27
12-27
1-
■'•• ;•' $1
.12-12
—
Participating
Canadian Car & Foundry—
12-29
2
29c
Aviation
■
40c
_
—.--'2"*
.Extra
1
1-
60c
1-26
2-
5Qc
11-29-
1-. 3
4
2
(quar.)_
pref—
77$
lit29 7
Class'
(Conn.)-— v-; V-;''
712-30
12-
$2.50
:
.12-12
12-27
$$2
77$
Ltd.,
Co.,
12- 9
12-27
$50c
(quar.)
Ltd,, common (quar.)__
57i
1st preference (quar.)
7
Participating __2_
4
r-,7' $3.50
321-13
'7
(Hartford,
Co.
Insurance
Aetna
12-
3-
(quar.)
12-9
2
,$15c
preferred
5 7$
11-30
12-30
$2.50
12-15
2
1-
Canadian Canners,
11-30
12-30
7
2
1-
$32c
(s-a),
Extra
12-15
12-30
.
1-
$$1.50
Ltd., 5%>
Ry. Co.
12-30
,$$1.25
pfd. (s-a)__—
Canadian Breweries, $3.40 conv, pfd. (quar.)
Canadian Bronze, Ltd., common (quar.)
^
Starch
Canada
712-15
1-10 "
Southern
Canada
12-15
12-27
7.
$1.25
'
.
Mortgage Corp.
Canada Steamship Lines,
12-27
1-10
,12-15*
1-26
75C
—
Permanent
12-21
.
2
1-
12-21
r
i-3i :<
$62 %c
________
preference
1st
:• 12-22
$$1.50
(quar.)
12-20
50c
—
6%
2
12-22
.
10c
(quar.)
12-20
12-12
(s-a)
& Sons,
2
1-
.7" $1.32
1'
1-
il-'",:
E)
(B.
Avery
1-
(quar.)
pfd.
12-28
'!
12-15
Quarterly
•
121-20
"I ' v
2
$$1.50
class B
1st preference
57$
Automobile Insurance Co. (Hartford, Conn.)—
12vl5
10c
1-
6% preferred (quar,)
Motor Co., Ltd., common—
(quar.)___
Canada Machinery Corp. Ltd. (s-a)
Canada Northern Power, common (quar.)
1
preferred (quar.)
$%
2
Canada Cycle &
12-27
(quar.) _
(s-a)
2
31 %c
______
3-12
,71-2
•'
1-13- ^13-20
;7
(quar.)
B
12-11
$1.25
$1.50
r
Refining Co., 477 pfd. (quar.)__-___
Autoline Oil Co., common (reduced)'_—-x—
121)4
12-29
.
5%
Bread,
12-15
,
12-15
11-
$15c
3-31
67$
1-2-45'
$$1
31%C
12-30
777''" 25c
Atlantic
1%21
12-11
75c
12-16
f20c
City Fire. Insurance Co.
Atlantic
.14-15
12-30
12-21
1-2
$1.50
2
1-
55c
pfd. (s-a)
Birmingham & Coast RR.—
5%" preferred
12-27" Xli-15
,
1-5
lr 2
Camden
9
$2- 1
1-10
70c
Tungsten Corp.______7____
& Burlington County Ry. (s-a)_s.__
11-30*
2
1-
$1
iquar.)
Power 574%
California Electric
12-3 5
12-26
12-26
,
preferred
2
$1.50
Manufacturing Co., 7%
Atlanta
12-15
,
(quar.)
7 7v
iquar.)—
Co.—
convertible
2
$1.50
pfd.
r
1-11
$15c
preferred
1-
(quar.)
non-eumul.
5-%
Atliol
2
:: 12,-14
'
Aetna-
Common
^-li-20
1-12
4-—25c
Co.
(Hartford,
7;'.;;
$1 Vi- 3
Aeronautical Products'
OflKec.
■lr
1- 2
1-15
H.)
(P.
1-
5%
JHfieri
2
$5c
15c
pfd.
5%
777" 50c
preferred (quar.)
;
Atchison Topeka & Santa Fe Ry.— 7
12-20
.1-
12-20
"
$1.75
Systems, Ltd., common (quar.)____
Canada
(quai'.)_7_
(quar.) _
common
I
7%pfd. (accum.)___
6%
convertible
$1.50
prior pfd.
Co.,
Investment
2
!
(quar.)
Co.,
57r-
12 %C
(quar.)
Ltd.
Corp.
1-
(quar.) ____________
preferred class B
Butler
12-29
$1
Construction
Metal
1-2
$1.25
■
tlOc
'
$1.25
10c
preferred
Co.,
$6-conv.
Art
When
Steel
12-14
12-14
Terminal
12-20
1-
Co.—
$2.80 preferred (quar.)______
2
9
2-14
2
-
$1.50
Ltd.
Products,
1- 2
1-
,7
,
12-15
$1 2-28-45
_
Bros.:v____-______________2
Burdine's Inc.,
Business
(year-end)_7__u7____-
Edison
12-15
2. :
1-
$5c
12-30
50c
pfd. A (irregular)
.shares'.
$1.50
(year-end)
12-12
1-2
15c
________—__________
37 %c
7
12-29
75c
(quar.)
(quar.,)
12-30
12-23
12-15*'
7,-. 7
(accum.)
preferred
Bunte
8
12-
12-26
$1.75
12-20
1-15
$1.25
$2
6
1-24
12-28
IOC
_
Distillers Corp.—
preferred
Building
12-22
25c
'$1.25
&
2
12-
7.
1-15
$25c"
(quar.)
Wire,
Fence &
.Bearer
,
x.—:
Equipment Corp.
1-
1
Bucyrus-Erie Co., 77r preferred (quar.)
Bufi'alo Ankerite Gold Mines, Ltd, (Interim)
12-15
1-15
$1.12%
common
Armour
6
v
(j ear-end)
Brunswick-Balk-Collender
25c
Arizona
-
3-
common
$5 prior preferred
3
11-24
'777;:
flOc
Ltd. ' (s-ar
Anglo-Iranian Oil Co., Ltd.—
%-7'"-7,7:
5%
Ordinary registered (interim)____________
■yr.y:-h 25c
Apex Electrical Manufacturing Co., common
$1.75
7% prior preferred; (quar.)__
Asbestos
Industrial and
Co.,
preferred
$5
Anglo-Huronian,
Aro
2
$$1.50
(quar.
Paper
Iron Co.
Brown-Forman
12-20
2
12-28
10c
'•
"3
2
1-
$40c
Pulp &
(E, G.)
Brown
8*
1-
1-15
40c
(quar,)
1-
15%
iquar.)
A
Durrell
5%
/12-8*
12-30
(Indianapolis)—
Hocking5 Glass Corp., com.
12-15
12-15
50c
•
25c,,
(quar.
•
preferred
$5
['Q^
preceding table,
preferred
12-15
1-2
_L_L_j_LL ' : '.'
Brown
$1.75
Sugar Refining, 7% pfd. iquar.)_
Superpower, $6 1st pfd. (accum.)
American Surety Co. (N. Y.)
(s-a)
American Telephone & Telegraph (quar.) —
American Thread Co. Inc., 5% pfd. (s-a) —
American Tobacco, 6% preferred (quar.) —x.
American Water Works & Electric Co., Inc.,
give the dividends announced in
we
Class
12- 8*
Co.:
Ampco .Metal, Inc.,
12-14
12-29
25c
1-
$25c
Brooklyn Borough Gas Co.—
,
6% participating preferred (quar.)
12-28
.
12-14
12-30
(quar.)_L_:,
preferred
Brompton
12-28
,
12-15
12-30
(quar.)-
Brooke
2
1-
YK' 50c
V.
2
15c
10c
previous
and not yet paid.
The list does not include divi¬
announced this week, these being giverujn Jthe
Below
Ltd,
12-20
1- 2
quar.)
Sanitary—
t—'
12-21
Inc., common_i.__
„
(extra )__x.__2_
12-21
1-1
_
(final)__7.
Celanese
12-20
12-20
$3.50
(quar.)_____xi___— __
Co.
1-15
1-15
12-31
35c
Co.___
Oil
12-20
$$1.50
12-20'
12-27
4
1-15
$1.37 »/a
12-15
.20c
62V2C
American
12*22 ,;
1- l-v' 12-22
•
j
Light
preferred class A
6%
8
12-
4
12-
British Columbia Power Corp. Ltd.—
12-15*
2
12-
12-20
___
British
1- 2
12-26
1-15
British Columbia Electric Power & Gas—
1-
.
2
12-27
$2.50
i
(reduced.)
12-20
$3
preferred
States Insurance
American Stores
-7^15^23
SI.75
7
12r
2
1-
12-27
,
•
.
1-2
25c
American
M2r20
,
1-
12-21
12 %c
__________________—,,
Manufacturing Co.,
British-American
30c
1-15
'1-281^6
$1.50
common ,(quar.,
{quar.1—ur'
preferred
•
5
20c
(quar.)
American Seating Co.
(year-end)
—
American Smelting & Refining Co. (year-end)
7% preferred (quar.)_„__-:t__
American Snuff Co., common (reduced)-—,
-1 }?&*,'.;&
V
•;
1- 2.:ur 12-27
;:i- 2 3.12427
12-28
12(19
2- l'-n. 1-18
.2- 1
1-18
12-30 ,v '12+21
1-15
12.(30
1-12 -• .iL-iVt
..
preferred Class A (quar.;
Warren Brothers Co., Class C (year-end),
,2- 1
50c
6%
■
-v:
1-
$1.50
V
—., ,,
v
Irregular.
Washington. Title Insurance Co.—;
Common
': v«
12-27
Brillo
(s-a)
Bridgeport Gas
12-20
preferred '(quar.):7
American Stamping
Co.
(year-end)
;
4-20
.4-30
;
12-15
12-30
UV2C
6%
12f28
1-15
87V2C
fquar..i___-—
Products
Radio
Utah
,
ting, 'Helming & Mining
preferred
1%
,,
1
1-
25c
7;
preferred
$2
common
Rolling Mill Co.—
convertible
4Va%
7%
12-15
„
2
!20c
(accum.)__________
Corp., Class A
1-15
'
1
1-
32%c 7
12-15
2
1-
12-27
$2 '
$1.18%
Common 7
12-
■
(quar
Brazilian Traction Light & Power—
Metals
&
12-12
12-23
$1
(initial
common
new
preferred
12-22
7—
Optical Co. (increased
Radiator
& Standard
American
»-.v' ' "•'-** \ '12-1811- 3
-
-
«;n-o-forred
,
:
jrxu.iinan
1- 'I...12-20
$1
-
Cordage,
1st
Brandon
$1.50
American' Malae-Proddcts Co,
American
$1.30
12-22
7_7__'„^T4t_w_xfr_77_:'1
(quar.)
2
12-30
12-29
31%c
______________
12-30
7
preferred
1-
$1
1
:7.;7v7'7'-;77;.
'7" 'Extra
.
(quar.)
Ltd.
Mines,
12-30
\
-
,
12-
2
1-
9
U0C '
Bralorne
12-15
.
M
American
(interim) ki.--—
United Printers & Publisners, Inc.—
12-1
$1.50
ice, 8% now-cum. preferred (irreg.)
American :International Corp.__—
American Investment Co. of Illinois— '
•'
577 ' preferred
(quar.) _7-._L__x._1.it—
'.I $2 preferred (quar.)
_____
%%
12-12
37%C
1-15
American
-.
2
37 %C
65c
(quar.)_^^
—
American Home Products Corp. (monthly
Locomotive Co..
1-
,
$1,25
$8 2nd
American
:
12-15
.
(quar.)
1st preferred
preferred
•76%
..
Mills—
12-23
77 :
common
12-
12-20
___
& Sons
R.)
Brantford
(quar.) ^74—
Felt,
Hair &
2
2
$1.25
iquar.)
$1.25
,
Lt^.-—
deposit receipts
12-
12%C
v
Co.—
1-
(quar.)
1
_1«." 2
■
(EL
11-30
12-30
1-
(irregular)—__
Co,
Wharf
Brach
-
12-28
25c
Extra
13-31
1-31;:
"
Industrial Bank of Brooklyn---. ; '-3
12-11
25c
& Electric
12-14
$4
$1,25 preferred (quar.)___:—;——1
Bourbon Stock Yards (quar.)____
12-13
1*
$1.50
6% preferred (quar.)__17
4Va% pfd. (quar.)-w $1.12%
preferred
4%%,
-
United Molasses Co.,
2
12-28
$Tso
Growers
Fruit
American
2
40c
____________
$1.50
Felt Co.j
12-15
1-
$2.25
Insurance
Botany Worsted
Securities Co. (year-end)
(quar.)_
1-31
2
$1.25
t
American Fork & Hoe,
American
Co.
12-29
2
1-
—__
Co.
RR.
Ry.
Storage & Warehouse Co,
Boston
1-10
2-17
75c
—_
.'7
Co.
Express
American
(quar.)
„
$5
Quarterly
American
Elevated
Boston
(quar.)7_/._v^77-w^v._-.,-™^-
preferred
5%
Albany
&
1-
:2-15-45
$1.25
(quar.)
$1.12%
40c
Boston
/quar.) 1
American European
12,420
12-19
:
p;d.
conv.
(quar.)__
Boston Herald-Traveler (quar.)
12-20
1-2
$3
75c
Common
12--15
United Gas Corporation
(initial.)—
1'? 9
United Income Fund finitial)-,—
25c
12-31 / 12-15
United Light <85 Railways Co. (pel. juki',-.f ■£ .•>-;>; 3.>1' 3;'. t'-j'{r; -:: v'q ;.
6% prior preferred • (monthly)—/.
•
50c
2- 1:.„ ::;.'1-15
&*k prmr preferred (monthly)50c
3* 1/i.g
6% prior preferred (monthly ir
' 50c " 4>-2
3? 15
6.3G^« prior preferred {monthly!—' -:<3.',:53C'.y'-3;2- l;.-.^-lrl5
6-3S7« prior preferred (monthly)6-53c
.3,r 1 ;vy'|tl5
6.363)
prior' preferred ' (monthly53c :y -4- 2
-3415'5^
prior preferred (monthly)
5814c
2~ L/-'* 1415
Vic prior preferred (monthly58Vzc, \
3- t/y .^SrlS
l'!e prior; preferred'' (monthly)
(
58Vac
.4- 2
3? 15
United Loan
2
1-
American
12-.2812222
82 :
25c.
15c
;
.r—^
12-19
12-29
preferred (quar.)
District Telegraph Co. (N. J.)—•
5%
,
i-10
;--Y '"-;C
3
:■-w.'.''.r,-.,3^-^3-4.3—4:
Fund ./year-endt
Bond
United
;
stock_^_
B
(accum.)
4 V2 Ye
Inc.,
12-28
$1.75
7%
of. class
12-20
12-27
$1.75
pfd. (quar.)
(Sidney) «fe Co., 77fr
preferred
1st
Stores,
6c
-
.Special
12421
2-15.
$1
>,
,
-^12-15
;:
class
of 1936.
Optional div. of ^th share of class B
stoca
or 68%c in cash
r
American Crystal Sugar, 6% pfd. (quar.)__
American Cynamid, .com,'; (increased quar.).7
12-15
:'
-
12-19
Bond
$2.75 class A (optional div. series)
12-29
12-20
1-C2
12-22
, ,,1^.,2
1- 2 | 12-22
lr ;2?.l 12-26
•; 1* 2
12r:26
' I*
1-15
12-30
1- 2 y1246
451-25
$$1.75
k
Trenton -Banking' Co.-(js-a)_.
Tuckett Tobacco Co., Ltd., 7%
'
2
1-
.12-^7
__.i,,__.-_77v__y~_e_,yi.7'$1
"
25c
(quar.—___ :,7' $1,75-
Underirl: ""•» -Tnt*t **(>
12-15
12-30;.
,'yl(..2.;
2 -; 1 ■
2-. 1/
.
7 7 share
12^22
12-30
Co., common (quar.)
pAe.e^ed
'i,o
l*-, 2
1-
:
:
.1-10
12-30
piexerred (quar.)
_
__x—$1,50
Textile Banaing Co.; 4,N. Y.j. ';iqr,ar.j.r4^—y,'y 6tc
Thatcher Maritaiacturlng, $3.60 pld, (quar.).,.7;90c
Title Insurance Co. of Minnesci^ fs-a/iw-t ;•
$1.50
Thrift Stores, Ltd., MVz'/o 1st p/d. i accum.)
$40%c
Tiue Insurance & Irust Co. .(Calif.), (quar.) yy
.$1
Extra' r-r_—
12-30
12-18
$t»
Tobha Packing
te
77$
12-28
preferred (quar.) —
American Cast Iron Pipe Co., 6 % pld. (s-a) American Cities Power & Light Corp,—
$8 convertible class A optional dividend
series of 1928,
Payable in cash or 7,2
lA"42
1
Blumenthal
$1.31%
'
(quar,)___^__,—
American Can Co.,
■
■
common_„^„,-__
Business Credit,
American
-12-28
'
preferred
5(4%
8
1-294
SI.75
(quar.)____
1-
12-28
J*.,' j}*r
pfd,
Co.,
Shoe
Blue
12-20
12-19
25c
2-4,is
.
,
iquar.)C
10C
Ter.e *daue Maneable &; M.g,, Corp. (quar.)
19c
Extra ;10c
Texaa tislecurxe Servi«-w., ,$6-'.p/4.
.,$M>0
Texas
"
•
1-15
American Brake
5
12-26
IOC
Diamond Corp:
12-20
1
1-
,
25c
0) Rec.
$1.50
(quar;)__
pfd.
6%
Tobacco,
Brothers
Bloch
12-28
'12-30
$3.50 7
7„7__—
(s-a)
When
Payable
.
25c
preferred
1%
Name of Company
12-20
12-30
Holder*
Per
of Rec.
25c
Corp.;common—,
Bemberg
,M8
.
1-15
50c
$1
. 2&c
$3
Sun cu.'. 4%%
preferred A (quar.
$1.12%
Super' *._oiu ccip. (Cal.) (quay)
.
— :'.
50C;
Tayxor-Ooiquitt Co.
:
40c
Taylor U lenn Co. /-extra- .'>$2
Teuwriue hM Co,f 7% pre/erred (quar.fw, $1,75
Products Corp:,;-8%
3-
r"
2-
t7ac
8%: preAerine<i
Tennessee
Name of Company
■
12-15
3-14
2-. t
(s-aj.—-\':7'
Stoioely Brothers & Co., !5% prior pre/, (qua?,)
Sumy Bazoos RR. (increased semi-annually)
Share
12-15
12-29'
75c.
$1
00c
"
prexcrred
7 %
v
.
tquar.t7oc
Steel Co. of canaaa,- common
Stetson
>
r,
,
_
Acid Works
Wholesale Phosphate &
StaiiuA.u
-7 ':
_
7
American
(quai\)
i.year-end)
Common
Share
y.
Co.-—
Standard Paper Manufacturing
W.heantm.Ji aiders
Payable f ot Hec.
'
7
Share
Holders
Payable
Per
77
2791
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4345
160
Volume
11-
2
1-
12-18
2
32 V2C
$1.12%
2
$1.18
62yzc
,
12-20
12-20
1-15;.,, 12-29
,
1-
L-I
12- 9
$1.50
a_—
—
1-1.
12-9
$1.50
preferred
1-1
12- 9
$1.75
1- 1
12- 9
THE COMMERCIAL & FINANCIAL CHRONICLE
2792
\
Per
,
Share
Name of Company
Holder 1
tyhen
Payable
rer
-v-vi-.,.»>'.
Of Rec.
'fia-Aut 'of
When
-•
.Share
Company
Monday, December 25, 1944
Hoiaen
Payable
When
rer
of Rec,
'•
•
Name of Covipany
-•
Share
-
Payabld
Holder
of Rec
'
'
Central New York Power,
Central, Paper
Central Republic
4.15%
Public
Chain
Store
Products,
Transit
Charleston
Bank
Chemical
1-15
12-27
12-20
$1.50
12-14
12-30
2
,1-2
50c
12-
pfd. (quar,)_;_
Chicago Electric Mfg. Co., class A'(accum.)_
$1.50
12-30
12-21
3&C
12-28
62 % c
12-29
12-19
Flexible
Chicago
5%
„—--w-Av
Shaft
Chicago Great Western Railway Co.—
5%
preferred (accum.)
12-
6%
prior pfd.
50c
-
Chicago & Northwestern Ry.,
5 %
preferred
12-
___
(quar.)
(s-a)—
Chickasha Cotton Oil (quar.)
12-28
Quarterly
.
12-
3-
7
7-14-45
6-
7
9-
6
(quar.)_,
$1.75
1-
2
5%. pfd. A (quar.)
Cincinnati New Orl. & Texas Pac. Ry. Co.—
$1.25
1-2
$1.25
3-1-45
$1.25
6-1-45
5-15
9-1-45
8-15
$1.25 12-1-45
11-15
pfd.
preferred
preferred
preferred
preferred
5%
5%
5%
5 %
85c
Cincinnati & Suburban Telephone Co. (quar.)
Cincinnati
Yards_l__________-
Stock
Union
Dixie
40c
7%
12-16
1-2
(Washington, Pa.)—
(quar.)____™_______
Citizens Wholesale Supply Co., 6% pfd. (quar.)
12-26
5%%
75c
30c
__________—___
City Investing Co.—•
'
11-
2
$1.37 Vz
(initial quar.)__
Illuminating Co., common
50c
Coal
7%
Corp,
Clinton Water Works Co.,
10c
7%
pfd.
1-
12-19
1
A
(quar.i
preferred
preferred
6 % %
j-—
______
6
Dravo
1-15
1-
2
Dry
2
12-26
12-15
$1
—
12-
12-30
1-
1
$1.50
12-20
1
12-20
preferred
•$3
Si
Coke
50c
12-27
12-
5
$1.06 %
12-27
12-
5
5%
1-
12-
1
$1.25
12-15
12-31
1-18
$1.37%
1-
1-
4
12-11
2
1-
2
2
12-16
75c
1-31
2-15
12-25
Co.—
75c
1-
2
12-15
90c
(year-end)
Ltd—
)
Heating Co. Inc.
(quar.)
1-
2
12-
5
2
12-
1
120c
1-
$1
—
: v ;
1-15
12-30
50c
12.29
12-15
12-29
$1.18%
(quar.)
4Vz*fo
$1.25
(accum.)—________
25c
______
(quar.)
1-
12-15
12-15
2
12-29
2- 1
12-27
12-
6
1-
2
1-
2
12-15
12-26
12-13
r" 50c
12-26
12-13
1-15
175c
1-15
,
Smelting Co. of
;
Consolidated
Ltd.
Retail
preferred
(quar.)
tl5c
preferred
(quar.)__
Continental Baking
8%
(Del.), com.
(qudr.)
preferred
■■
Oil
Co.
(Dbl.)
6%%
preferred
Cooper-Bessemer
$3
prior preference
Range'Co.
Corneil-Dubilier
$5.25
Corroon & Reynolds
50c
2
12-
_____
Wheat
Corp.
I-
.1-1
5
12-15
1
(The)
Co.
(stock
12-15
30C
12-26
12-
$1.75
1-2-45
A
Equity Fund, Inc
Crown
Crum
8%
Drug Co., 7%
Products
Evans
Eversharp,
Co.
Inc.,
& Forster,
preferred
Common
4
1-2-45
12-15
12-28
12-12
12-28
12-12
12-28
12-12
12-27
II-30
$1.31%
1-15
preferred
preferred
5%
$1.75
2
1-
(quar.)
pfd.
:
(quar.)
(quar.)
12-22
1-
$1
2
12-20
12-20
12-27
12-20
12-28
12-20
Graham-Faige
2
12-15
Granite
2
12-15
Grant
2
2
1-
5
12-22
2
1-2-45
12-14
$1.50
1-2-45
5c
12-28
12 %c
12 %c
12-30
1-15
11-
5
4-15
4-
5
4-15
4-
5
25c
1-
2
4-
2
((s-a)
3c
—_
1-
2
4-1-45
12-
12-
(quar.)_,
37 %C
1-
12-
137 %c
(quar.)
A
12-30
12-30
&~Traders Life Insurance
Faultless
Y.)
$2.50
—.—-
1-2-45
$2.50
(quar.)_—
4-2-45
50c
Rubber
(year-end)___—
Federal Bake Shops, common
(quar.)
1-
2
5%
preferred
!—_
Federal Insurance Co;
Stock
Fehr
dividend:
(Frank)
s7*
sh.
for each
sh.
United
7%
Cleaning. & Dyeing—
(quar.)
Corp.
Filene's
Bank
(Wm.)
(New York)
Sons
Co.,
Bank
Stores.
$3
12-30
12-18
First State Pawners
$3
12-30
12-18
40c
1-
2
12-23
'
Co.
(New
Inc.
Society
•Class
B
12-23
Eood
1-20
12-30
Foote-Burt
1-
2
12-20
Forbes
.1-
2
12-18*
Machinery
&
Co.,
2
12-23
2
12-30
1-25
1-15
1-25
1-15
2
12-16
50c
1-
1-20
1-
$20
1-
2
12-15
1-
2
12-15
$1.75
(quar.)
$1.50
12-30
1-
2
1-
2
12-18
25c
1-
2
12-18
12-30
12-15
1
3-20
35c
(quar.)_L__
'
preferred
$3
class
A
25c
(quar.)
75c
(quar.)
4-
(D.)
1st nreferred
1-
____
43 %c
25c
(quar.)____
:__J
2-15
1-
2
2-
5
12-13
30c
1-15
1-
$2
3-31
3-16
2
Forem.ost
6%
Dairies,. Inc., coriimon
nreferreri
Foresight
Formica
fquar.)—
$1.50
(irregJ_-__
2
12r22
2
12-20
Foundation.- non-cum,
Co.
(quar.)_^
class
A
10c
1-2
12-21
75c
iouar.)
Insulation
1-
1-
12-21
10c
50c
2
3 9-27
1-
2
12-11
1-15
12-30
12-27
12-15
$1.50
39-16
12-15
12-15
1-
2
$1.75
1-
2
12-15
t$3,75
1-
2
12-20
.
(Canada)
12-
1
175c.
12-26
12-
1
25C
12-30
12-16
5%
12-30
12-16
t75c
A.'
(year-end)
preferred—
$1.50
12-26
/12-28
i2-18
12-
1
115c
System,
31V4C
12-20
12-30
12-20
24c
12-30
12-20
■
Inc.—
$2.25
preferred
2
12-11
1-
2
12-15
34%C
3-
1
2-14
$1.75
1-2-45
12-23
$50
(quar.)
1-
$1.50
A
(accum.)—
Western
1- 2
12-30
$0.04888
Co., 6%
Co.,
preferred
12-11
40c
—
^
Watch
12-27
Brewery Co.—
(quar.)_
common
IOC
12-27
20c
1- 2
31%c
—
_____
12-
4
12-
4
It 2
(quar.)
$10
$8 pfd. (accum.)—.
(N. Y.) (quar.)——._
Publishing Co. (year-end)
Guilford Realty (Bait.), 6% pfd. (accum.)_
Gulf Mobile & Ohio RR.. $5 preferred—c__
Gulf Power, $6 preferred (quar.)—
Hackensack Water 7% preferred A (quar.)_
1-15
12-15
12-30
$3
1-
2
12-13
$8
1-
2
12-15
$1.50
12-28
12-18
*
$2.50
12-28
12-15
Halifax Insurance
Haloid
$1.50
Co.
Company
(Nova Scotia)
(year-end)—
1-2
12-20
43 %C
12-31
12-14
140c
1- 2
12-
25c
1- 2
12-15
25c
12-29
12-22
"
■
-
_______
—
9
Hamilton Manufacturing Co.—
participating preference———i___
Paper, 4%% preferred (quar.)
Hammermill
Hanover
Fire
Insurance
Harbison-Walker
6%: preferred
(auar.)
Refractories
$1.12%
1-
2
12-15
30c
1-
2
12-18*
—,—
Co.—
(quar.)
—
v'r-' $1.50
;
110c
1-20
1-
1-
6
12-18
12-29
1-
2
12-12
1-2
12-12
40c
1-18
12-27
25c
12-27
12-15
12-27
7%
2
50c
Carpets,
1-15
50c
Ltd.' (s-a)__———___
preferred (quar.)—,—
Hartford Fire Insurance Co. (Hartford, Conn.)
Harding
Harrisburg Gas,
12-15
$1.75
:
'
Schaffner & Marx—
Hat Corp. of America, class A__._—
Hart,
preferred
8Vz%
—
$1.62%
2-
1
1-16
37 %C
(quar.)
1-
2
12-18
1-
2
12-15'
Haverty Furniture Cos., Inc.—
(quar.)
preferred
$1.50
Hazel-Atlas
Glass
Co.
(Walter E.)
Heller
$1.25
(quar.)
See "Rubinstein.".
Helena Rubinstein.
& Co., common
15c
(quar.)__
12-26
12-16
20c
Foreign Light & Power Co.—
6<3>
12-30
12-20
12-20
50c
(quar.)________
12-30
175c
m.75
5
62 %c
(quar.)
(quar.)—
York)
i
Corp.
5%
Wallace.
11-
$2
(quar.)
$3.75
12-11
25C
6%
preferred (quar.)
Florshelm Shoe Co., class A
1-10
12-29
$6
(increased)
National
1-15
50c
(quar.)
National
12-15
1-2
12-12
12-20
common—
(quar.).
convertible
Class A
(quar.)_
Firestone
Rubber
12-21
$1.18%
common
preferred (quar.)
Finance Co. of Pennsylvania
&
12-21
3c
(Bait.) (s-a)
(quar.)—
4%^'
Tire
12-28
1- 2
1-15
—
12-36
12-22
$1.75
______
(quar.)_
Fidelity & Guaranty Fire Corp,
Aven"e
~
(s-a)__—
preferred
Enamel
2
12-28
25c
held_
1-
25C
Brewing Co., $6 pfd.
Fenton
First
2
(quar.)
(N. Y.) (quar.)
Federation Bank & Trust Co.
12-16
35c
of New Jersey
12-12
Guaranty Trust Co.
12-16
12-30
12-30
2
Guenther
3-17
12-30
1-
30c
Guantanamo Sugar Co.,
12-18
12-15
75c
25c
—
(s-a)
Sugar,
preferred
Gruen
5%
________
12-30
12-18
—_—
12-15
12-15
J75c
Griggs Cooper
12-15
$1.25
12-15
12-22
25c
preferred (quar.)—
&Co. 7% preferred
Group No. 1 Oil Corp.———
Group No. 2 Oil Corp.—
9
2
2
12-27
35c
v
(quar.)
5% %
9
1-
1-
8
35c
A
(quar,)——
————————__
Western
Griesedieck
9
1-2
20C
9
12*15
1-10
partic. pref. (accum.)—
preferred
Green
3-17
2
37 %c
——
Players Canadian Corp. Ltd.——-
(Syracuse. N.
Quarterly
common
Common
12-30
12-
12-30
2
1-
62 %c
(quar.)
Greenwich, Water
6%
12-18
12-31
—
Participating
3-20
2
12-31
75c
Greening (B.) Wire Co., Ltd. (quar.)
Greenwich Gas Co., $1.25 partic. pfd. (quar.)
12-20
25c
B
$1.50
5
1-15
•
1
1-
1-15
4$2.50
(year-end 1——
Co.,
Greenfield Tap & Die Corp., com.
Common stock dividend.—
12-20
1-
12-15
(quar.)
Great West Saddlery, 6% 1st pfd. (quar.)
6% 2nd preferred (quar.)
i
12-15
12-14
162%C
(quar.)
pfd. A
Great West Life Assurance
12-23
5%
;i,'
(Toronto, Ont.)
7%
12-14
5
1-
30c
5%.-
$5 pfd.
Steel
Year-end'
Great
12-14
12-20
12-18
12-
Ltd., $7 pfd. (quar.)
Great Northern Iron Ore Properties, ctfs,—»
12-22
1-2-45
2
1
12-31
Great Lakes Power Co..
12-22
1-
$1.25
11-
12-26
Lakes
cl.
$2
12-15
(quar.)_
preferred B
Motors, 5%
preferred
.
12-16
12-28
Paper Co., Ltd.—
$2 cl. A partic. pref. (accum.)—
12-20
1-
1$1.60
First
1-
5%
12-11
City
12-29
$1.25
(quar.)——.
Co., Ltd. (quar.)
Great
_______—
$1.75
Fisheries
(W. T.)
■
25c
$1.50
'
preferred
Gorton-Pew
56 %C
_________
6
2-
163c
Great American Insurance Co. (N. Y.)
__________
(quar.)—
12-18
5%
5%
12-21
12-21
1- 2
12-
25c
Extra
12-21
2
40c
6
2
(quar.)
12-18
A
(quar.)__
6
1-
62 %C
(quar.)———
12-21
(quar.)_„
12-30
$1.50
Common
1, 2
;
2
$1
y
12-
75c
1-
12-
50c
(quar.)_^__——
12-31
9
12-11
12-
$1.75
Brothers, $2.50 conv pfd. (quar.)
Co., Ltd. (quar.)_——
Telegraph
12-20
2
•
Goodrich (B. F.) Co., $5 preferred (quar.).
Goodyear Tire Si Rubber Co, of Canada-
&
2
1-20
56 %c
j(quar.)
7% preferred (quar.»__
class A (quar.)
—1—
(initial)—-
$7 preferred
1-
1-
Sugar,
B
12-15
40c
Tubes^__-
Stock
$1.37%
Fansteel Metallurgical Corp.,
Fifth
12-27
Class
12-15
2
1- 2
(year-end)-—
1-2
•
Brewing Corp., 6% pfd.
Corp., common
Farmers
Steel
12-15
2
1
"40c
(quar.)—
preferred
2
1-
20c
State
1-
2
1-
>1-
;
$1.25
—_
12-30
__________
pfd,
(quar.)
$1.50 conv. preferred A
$1.50 conv.
convertible
Golden
50c
I-
87VzC
(quar.)___
68 %c
—
12-16
12-16
$1.50
12-15
,12-28
12-16
1-15
1- 2
$1.25
(quar.)—___
(quar.)
common
12-15
$1.60
preferred
12-20
75c
25c
(quar.).
(year-end)
Co.
12-30
12-26
(quar.)___
12-15
1-
5
12-15
_________—
12-19
60c
(quar.)
preferred
Semi-annually
Famous
(quar.)
2
12-28
12-
2
'
12-29
A,
1-
:
25c
$1.50
12-15
$1.12%
(quar.)_
Gold
75c
12-16
2
$1.50
Insurance Co.
Co.,
Goldblatt
1-
2
1-
C
Globe-Wernicke Co.,
12-12
2
(accum.)____
common
Excelsior Life Insurance Co.
Ferro
•
Globe
12-12
1-
dividend)—
$3
pfd.. (quar.)
12-26
12-26
117%C
■
5%
30c
25c
25c
30c
(quar.)
(stock
Common
12-20
dividend)__________
(quar.)
5
dividend)
12-18
(increased)
common
'12-
____________
$4.50
common
1-2
-
(quar.)
2
;
(quar.)
(stock
Falls
Godchaux
_______
—
conv.
Corp.
1-
1-
12-27
20C
5c
Y.)
12-30
(accum.)
Zellerbach
5
•
Cleaner Co.__
Vacuum
"
Crown
12-
A-
Public Service, $5
$5.50 preferred
(quar.)
$6 preferred (quar.)
12-15
Crown Cork International Corp.—
class
2
25c
$2
Crowley. Milner & Co.. 6% prior pfd. (accum.)
$1
1-
12-15
56c
C.) Co., $3.50 pfd,
Safety Razor, common
4%7v>
12-15
$1.50
(s-a)
Drug Co., 8%
$1
Knowles Loom Works—
preferred (quar.)„_
6%
2
8
1
(initial)
(A.
preferred
Glens
12-20
$2
Emporium Capwell Corp., com. (year-end)__
4%% preferred A (quar.)_______„______
12-15
12-29
12-29
1-
(year-end).
Engineers
12-15
12-29
.Crompton
Cross
$5
Wiliiamsport RR. Co.—
preferred (s-a)
$1.50
preferred .(s-a
of
Gillette
125c
Utilities
__________
Cream
Gilbert
12-15
Elmira &
8
25c
.—;—
(s-a)
12-15
Gas,
8
12-15
1-20
U
2
2
Glidden
$3.50 pfd,
(N.
preferred
1-
Ltd._.
Empire Trust Co.
6%
1-
$1.50
8
1-
1
1-
25c
pfd.
$3 preferred <quar.)_
Georgia Power Co., $5 preferred
;:';V
75c
Family Finance
1-
.
$1,12%
Railway Co.—
(accum.)
-
Electric Mfg.
Falstaff
12-29
'----A'
12-
1-2
General Water Gas & Electric—
12-15
12-29
Natural
12-
50C
12-15
12-26
_______________
Company, 5 % %
12-15
$1,25
12-26
%c
Paso
Emerson
12-16
75c
(quar.)_______________
preferred
preferred
preferred
$6
12-16
25c
4%%
,'
_1
4%%
12-20
12-18
2
1-
1-
2-
Year-end
.
10c
37
El
12-15
12-15
25c
Craddock-Terry Shoe Corp., common—6% 1st preferred (s-a)_
3rd
1-10
1-
12-15
Corp.—
5%
12-15
1-
2
$1.62%
(quar,)__
2nd
General
2
12-28
1$2.50
_
General Time Instruments Corp.—
Common (quar.)
& Rubber,
12-22
V 62 %C
12-15
Tire
1-25
67c
(quar.)
12-15
49 %C
(quar.)
(s-a)
'
2
15c
Elliot
preferred
12-27
$1.25
(reduced)
2
$1.12%
2
;
common
6%
$2.50
Co.
1-18
36c
12-19
$1.12
(quar.)
5% preferred
Products Mfg.,
1
$1.25
r
preferred class A
1-
; f
(quar.)
—
preferred
$4.50
1-
A
2
'
;
(quar.)______
$6 preferred class A (accum.)
'
tC. B.) ■ & Sons Co., com. (year-end)
Extra
12-15
(Texas),
1-
$1.75
Cottrell
6%
12-28
Electric
1-
$2
(year-end)_______
A
Telephone Corp—
Household
1-
common—
(quar.)
2
2
1-2
Electric Corp.-
preferred
General
Paso
Eureka
50c
Copper
12-22
El
t$2
—
(quar,)__.
Corp.,
2
Electric
62 V2 c
(quar.)
Telephone Co.—
participating preferred
1-
$1.25
12-15
(year-end)_
Continental
7%
Refractories
A
12-15
25c
Continental
General
15c
1
_——
preferred
General
2-
25c
__
2
12-20
2
$1.75
Inc.,
$1.75
(quar.)_______
A
Mills,
12-22
1-
$1.25
Corpf%—_______
5% preferred (quar.)__
Corp., $5 preferred (quar.)
General Paint Corp., $2.67 preferred (quar.)
General Printing Ink Corp.—
General
1-1
15c
,
,
Fireproofing, 7% preferred (quar.)_
Industries, 5% preferred <quar.)_
12-
2
1
35c
(year-end)—
1-2
1-
12-
(quar.)_
1-2
$1.50
2
■:
$1.50
_______
1-
common—
75c
preferred
class
Baking Co.,
12-22
1-25
1
1$1.38
75c
1-15
;12-30
12-
$1.50
General Motors
2
162 %C
2
_
1-2
$1.25
2
20c
prior
General
General
4
$1.12%
1
V. 1-
General Instrument
12-15
1-
1
12-
1$1.25
(quar.)____________________
preferred
$1
Manufacturing Co.___
Manufacturing, common (quar,
preferred (quar.)
Electric Controller & Mfg. (year-end)______
1-
Continental Bank & Trust Co. (N. Y.V (quar.)
7%
1-15
57c
1-
Continental Foundry &
Machine,
1-15
50c
Co., common
(quar.)_.
Corp.,
$1.12 Vz
(quar.)__:
(Toronto, Ont.) (quar.)_
$4.50 preferred (quar.)
(quar.)
Co.
12-
2
Associates—
preferred
25c
Co.
Assurance
prior
43%c
Consolidation Coal, $2.50 pfd.
Continental
1-
$2
Consumers Power Co.,
$5
1-
25c
:
Consolidated Steel Corp., Ltd., com. (yr. end)
$1.75 preferred (quar.)
...
Consumers Gas
1-
12-
12-30
Investors Co., Inc.—
75c
(year-end
Common
Stores, common—____
(quar.)
Fuel
Kodak
Ecuadoran
••
______________;
Consolidated Press
12-29
^__
preferred
conv.
Paper Corp.,
6.%
12-12
30c
Extra
Extra
(quar.)
Economy Grocery Stores (quar)
12-12
.__
_______
Consolidated Mining &
Canada Ltd.
(s-a)
6-30
'1-31
12-16
15c
—_l_
$1.75
Easy Washing Machine Co., Ltd.—
7% preference
(quar.)
12-15
$1
+50c
Quarterly
8%
12-15
$1.12%
(quar.)
47c preferred series C (quar.)
Consolidated Investment Trust (Boston)—
&
preferred
7%
1-2
90c
preferred series B
3-31
Steel
Emerson
(quar.)
preferred
$6
12-29
Elder
;•
Consolidated Gas, Elec., Lt. & Pow. (Bait.)—
Common
1
1-31
12-15
12-30
;
General American
Co.
8-1
12-30
12-28
$20c
preferred
Corp.
5-
5
12-15
20c
__
(quar.)
Gemmer Manufacturing—
$3 participating preferred A (quar.)—
2
120c
1-
1-20
12-30
l„:
50c
(quar.)
General Electric
1-
2-
34%c
_________
General
1
12-15
1-20
1
L
(quar.)
Extra.
General Capital
2-
12-31
2
1-
75c
—
(quar.)____
com.
Power, common
12-28 '
75c
Edwards
(Toronto)-—
Consolidated Film Industries—
$2
2
12-20
12-16
1-15
25C
(quar.)
Packing Co..
5Va%
12-27
12-30
50c
$1,50
(quar.)
preferred
12-28
t$1.25
(quar.)
Easy Washing Machine Corp.—
Class A (year-end).
12-16
1-
50c
preferred
6%
Gatineau
9
$3
20c
(quar.)
(quar.)
& Co.,
1-15
Products, Ltd.—
preferred (quar.)
Eaton
Consolidated Edison Co. of New York—
$5
12-
130c
Co., $4.50 pfd. (quar.)
6%
preferred
Class B
(accum.)
Securities
1st
6%
9*
f-
Consolidated Cigar Corp., comraon..___;——
preferred
r
1-15 1
2
1 $ 1.7 5
Massachusetts Street
Eastman
$1.50
& Power, com.
Consolidated Bakeries of Canada
$4.75
1
preferred
(Julius)
pfd.
conv.
common
1-15
(quar.)
common
prior preference
Eastern
(quar.)
Consolidated Car
convertible
Garfinckel
•
Co.,
1$1.25
preferred (accum.
6%
;; $1.75
Connecticut Light
6%
12-30
1$1.50 v 12-31
Gas
4Vz%
1-15
$1.25
Assurance
;
Eastern
(quar.)______
Connecticut
12-15
2
1-15
___
preferred
$3
12-11
Co., common.....
Gas
12-30
(accum.)
7%
6
1-
common—
Lead,
Corp., 5%
1
,
(quar.)____
Gas,
8-
120c
convertible preferred
110c
Commonwealth Water Co., 5%% pfd. (quar.)
Commonwealth Water & Light Co.—
:
Concord
5
135c
(year-end)
Eastern
1-15
50c
Commonwealth & Southern Corp.—
Confederation Life
12-
(Indianapolis, Ind.)
$6 preferred
5-
1-
12-20
—
Inc., class B
t$1.75
preferred
Corp.
Picher
15c
quarterly
$7 preferred
Pack
Eason Oil
12-20
5
1-
$1.50
(quar.)____
Corp., 6%
Eagle
5
1-
$1.62
(quar;).
_________
preferred
5-15-45
5;
12-30
(quar.)
Eastern
Co., common (quar.)
preferred :(quar.)_____
Commercial Investment Trust Corp.—
$&
2-
12-15
(quar.L—
common
Linoleum
duPont de Nemours &
$1.50
4% %
5% preferred
2-15-45
'
Credit
Reduced
Gardner-Denver
1-30
Duke Power Co., 7%
preferred (quar.I
& Bradstreet, $6 preferred (quar.)
Dunlop Tire & Rubber Goods Co., Ltd.—
5% 1st preferred (s-a)____
12-22
12-15
1-
$1.75
Commonwealth Loan Co.
Gannett Co.,
11-27
2-'- 1
12-20
1- 2
__
12-20
9
12-27
$1
(year end)______ y>;.'
;
Manufacturing Co. (Mich.) lirreg.)
>
Fyre-Fyter class A (quar.)—
5
12-
$1.50
(year-end)—__
Fuller
12-26
A
common
preferred (quar,
$3 convertible preferred
12-15
1-
Schmidt Brewing
(George A.)
4%
12-22
1-15
A
1-
$1.06 %
Alcohols. Ltd., com. (quar.)
preferred (quar.)
Commercial
2
144c
Dun
Commercial
8%
Fuller
12-14
preferred (quar.)
Steel Ltd. (quar.)
Drug Co.,
1
12-26
■
Co.,
2-
$1.75
(quar.)
preferred
Fuhrmann &
12-15
1-
62 %c
(quar.)___
(quar.)_J.__i„,____^_______
7% preferred (quar.)
Draper Corporation (quar.)
12-20
12-27
62 V2C
(quar.)
(quar.
8%. preferred
'
12-28'
12-23
12-11
12-29
.
110c
preferred
$4
Columbus & Southern Ohio Electric Co.—
,
2C
Loom, Inc., $3 pfd. (this pay¬
previously withheld)
was
1- 2
1- 2
:
1-1
A
&
Chemical
Dow
12-11
b
;
Colgate-Palmolive-Peet Co.—
$4.25 preferred (quar.)
Colonial Ice, common (year-end)
$6 preferred
(quar.)
$7
11-24
the
of
ment
2-9-45
(quar.):
Oilcloth
preferred
Dow
12-11
12-26
$1.25
class
$2%
1-10
3-1-45
Extra
$1.75
(quar.)__
(Del.)—
Bottling Corp.
$1
A;' 130C
Dominion Textile Co.,
$1.75
preferred (quar.)
Cluett Peabody & Co., 7%
Coca-Cola
Fruit
12-20
120c
12-12
$1.12 Vz
Clinchfield
1-15
12-20
8-15-45
5%
Ltd.,
Malting
Dominion
12-30
12-30
12-15
12-20
1-31
12-30
t $1.25
(quar.)
12-16
12-11
2
7 %
preferred
$4.50
A
12-30
25c
'
(quar.) __________________
Cleveland Hobbing Machine Co. (quar.)_____
Cleveland Electric
Glass Co.
preferred
Dominion
v*.
preferred
non-cum.
class
1-25
12-16
5%.', preferred
(quar.)
-1:35c
2
$1.50
Quarterly
$1.75
preferred
City Ice & Fuel
Co.,
Mines
Dominion
Citizens Water Co;
7%
Cup
12-11
2
Garlock
Dominion Dairies Ltd..
Dominion Foundries &
12-27
1-
50c
(quar.),___
20c
87»/2C
1-
75c
(s-a)_
12-15
l-,2
12-18
■
75c
50c
(s-a)__^.
12-20
1-2
50c
Companies, Ltd. (quar.)____________
(A, J.), Ltd.,'6% pfd. (accum,)___.
50c
-
12-30
1S3
•V
•
Co.—
preferred
preferred
Dome
—
Fraser
12-28
"■I
„
__
25c
(quai.)____^_______
1
Match
partic.
5%
(quar.)__—______——__
(quar.)
A—
(quar.)
—___________
(quar.) _____
_______—
$1
$1
Corp, (initial)—
__L
__l„i L
_____ i,
1-19
Frick Company, 6% preferred.—___________
Froedtert Grain & Malting (quar.)__—
,
AA; 50C
Di Giorgio Fruit Corp., $3 partic. pfd.
Distillers Corp.-Seagrams Ltd.—,
2-15
$1.25
6%
12-15
1%
Securities Co.,
Christiana
Ar
__
class A
Bldg.
—_
3-15
6-15
$35c
12-27
10c
(s-a)
of
12-27
.
$2
preferred
Diamond
12-20
Cincinnati Gas & Electric,
Co.
.
Freiman
A' 1-2
■
25c
International
5%
7
4-14-45
25C10-15-45
—__________—
ji-—-
1-15-45
25c
Quarterly
Rayon Co.,
;
;■>' Franklin County Coal, preferred (.accum.)
Franklin County Distilling,'. Inc. (year-end) _S[
-
12-15
12-18
t$2.50
Bridge_______________
Detroit-Michigan Stove Co., 5% pfd. (quar.)
5%
preferred (quar.)______i______
12-15
25c
(s-af
pfd.
Co.
Street
Ext r a
12-20
2
$1.50
Semi-annual
12-18
25c
_
RR.
Detroit
25c
Chicago Times, Inc.
41st
Detroit Hillsdale & Southern Western RR.—-
12-11
12-27
5 %
2
1-
$1
:
12-20
12-30
$1.25
(extra)
Delaware
.
12 V2C
Securities Corp.,
Delaware
12-11
12-27
&
V 1-
'
125c
Foundation
1
12-16
12-27' '
$1.75
•
________
Delta Electric Co.
1
12-27
1
7
3-
3
Dejay Stores, Inc
12.-11
75c
(year-end)
v.t.c.
12-30
12-27
62 %c
$2.50 prior preferred (quar.)
Chicago & Southern Air. Lines, inc.—
Common
12-30
$5
$5
12-
2
25c
12-1
50c
(Initial)
com.
(year-end)
vtc,
Chicago Pneumatic Tool, common—.—.—$3 preferred (quar.)—.—
_________
•i12-26
$1.25
6
12-8
12-27
1-
Debenture
7-.-—-
7-
2
12-18
inc.,
Chicago Daily News,
2
37VaC
1-
75c
& Frere Ltd., class A (quar.)
Dayton Malleable Iron, 5% preferred (quar.)
Dayton & Michigan RR., 6% pfd. (quar.)__
Dp Long Hook & Eye Co. (quar.)
12-20
1-
(quar.)^.___;
Canada, Ltd. :(quar.)_.
prior pfd.
Davenport Hosiery Mills, inc.- (year-end)
,12- 8
12-26
$1.25
4-
8%
4-
preferred
37 %c
12-31
20c
7%
12-15
(quar.)
8
75c
(quar.)
David
12-15
1-
1-
.
8
12-15
•-1-
(quar.)
$1.25
12-15
1-
75c
(quar.)—____
1-
5oc
.
;
prior pfd.
$1.16
■A
_____
&5c.
12-15
37y2c
c'ommon_____i___^
5
8%
Dairy Corp. (Canada), 5% preferred (s-a)__
Davega Stores Corp., common ,(year-end)____
12-20
45c
(quar.)
Y.)
Co.
1-1-45
50c
A
Foster.-Wheeler Corp.,
1-
37VzC
cl. A pfd. -(quar.)
6%
12-20
___
Class
1-
•
Kleiser Co.,
&
1-2-45
Publishing Co., $4 prior pfd. (quar.)
Curtis-Wright Corp., common (year-end)
12-15
12-30
Al-20
$3'
Foster
-
12-19
12-30
;
25c
■
Curtis
1-5
12-19
12-30
-10c
-
common.
6% Class A prior preference (s-a
Curtis Candy Co., preferred (year-end)
12-15
7c
(quar.)
Ry.
2
1-
Stores,
Cunningham Drug
3 '
1-
37 %C
Corp.
15c
•
11-30
$1
$1.50 preferred
& Trust,(N.
Ohio
1- 2
1-15
68c
(year-end) __
(s-a)
Champion Paper & Fibre, ,6%. pfd. ,(quar.)__.
Chesapeake &
12-30
Crystal Tissue Co. (quar.)_
Service—
Investment
Store
1-10
12-20
15c
(initial)-.
Utility Co., (year-end)
Chain
2- 1
15c
preferred
Central West
•
13c
v
(quai^-A-----(year-end];—
Co.
Vermont
Central
$1.25
(quar.)__
Co.
Qoid Mines
.
Patricia
Central
pfd.
5%
preferred (ouarj-,
5 % %
Helme
7%
(George
preferred
Hercules
W.)
Co.,
(quar.)
_______—
12-26
12-16
$1.37%
12-26
12-16
$1
common—
$1.75
;
Motors Corp
"^IHibbard Spencer Bartlett & Co.
25c
1
(monthly)
■
__
.
15c
1-
2
12-
9
1-
2
12-
9
12-26
m
12-15
1-16-
2793
Number 4345
Volume' 160
When;.
Per
Name o) Company
1
-
.• •;
Share
--
& Dauch
Hinde
5
%
Paper Co.,
preferred
Holland
&
(A.)
(accum.)_
—
Home Dairy Co. Inc., common (s-a)
80c preferred (s-a)
Home Title Guaranty Co. (Brooklyn) —
Year-end
Hooker Electrochemical $4.25 pfd. (quar.)
preferred
Hoover
Kearney (James R.> Corp.y $1.50 pfd. (s-a)_/
Kellogg Co., common_____^_—
Kclsey-Ilayes Wheel Co., class B (quar.j____
12-_4
12-
12,28
50e
12-26
8
4
12-
2
1-15
1-
5
t$1.75
;
1-15
1-
5
1-
60c
15e
12-30
; 12-30
$1.0614
—
2
V. 41- 2
40c
;;
preferred
12-
12-20
12-20
$1
1-15
12-30
$1.25
1-15
12-30
10c
12-26
Illinois
Central RR.
37V2C
12-26
1-
2
Leased
Lines,
Illinois
12-27
12-36
12-30
12-15
1
2-14
12-31
12-20
$1.50
12-31
La
Gas
Chemical,
&
preferred
Indiana
37%C
'
Corp.'—
Gold
1-
1
12-31
Lamaque
1-
2
12-11
Lambert
Co.
1-
2
12-11
Lambton
1-
2
12-15
Ltd.
Mines,
Sessions Co.,
Lamson
Landers, Frary & Clark (quar.)
$1.50
12-30
12-19
12-11
1-
2
12-15
6%
1-
2
12-27
Latrobe
noc
t
12-30
50c
1-2
20c
1-
2
2
12-
(quar.)__
preferred
Industrial
$2
5%
preferred A
1-
(quar.)
Lehigh Portland Cement, 4%
Lehigh & Wilkes-Barre Corp
5
12-21
(quar.)
1st
2
12-12
Leland
Electric
Lerner
Stores
12-12
preferred
12-30,:'
-1-15
%
12-12
Co.
(initial)
preferred
1-1
12-15
Liberty
12-28
12-19
Liggett & Myers Tobacco Co.—
$1.25
$3
12-30
12-19
7 %
12-4
Lima
3%c
1-31
U
]s-a)
1-15
12-30*
50c
1-15
Inter-City
Common
12-30*
preferred
Locomotive
12-16
31'Ac
1-15
12-15
50c
12-28
;
V
1- 2
12-27
International Cellucotton
(quar.)
Products
12-27
3 7 Vie
—
1-
2
12-15
Morris
12-13
3-
.
$1.62 »/2
2-
1
12-
Loew's,
9
Inc.
8 %'
4$1
International Metal Industries—
Common
7%
Cafeterias
Loew's
12-20
•:; Common
•
■
$35c
1-
2
12-11
$$1.50
2-
1
1-10
(ouar.)
$$1.50
2-
1
1-10
;
conv.
preference
6%
conv.
preferred A
50c
(quar.)_:
12-30
12-30
.
/
3-15
12-14
Mueller
■
.
If?-, preferred
(quar.)™,
t $1.75
_—
International
Paper
Power
Co.,
preferred
preferred
12-30
Brass
Co.
1-12
12-11
preferred™—.
12-30
12-19
5%
Ltd.—;
(accum.)
12-28
$$5
;
1-
International Utilities Corp., $3.50 pfd. (quar.)
$5 pfd. (accum.)
Department Stores__„__^..____
Bakeries Corn.
Interstate
Interstate
Interstate Telephone.
$6 preferred
Investment Foundation,
6%
preferred
Investors
Mutual
Insuranshare
certificates
6%
C
(! (a %
Iowa
Public
$6
12-16
12-23
1-
2
12-15
Maine
1st preferred
1-15
12-15
Mallory
1-15
12-15
Mansfield Tire
12-27
12-16
2%C
12-26
12-16
6%
Co.,
_
™
_
Creek
Insurance
(quar.)
_
Coal
Co., ;$fl
__
(quar.)
—;—
7% preference B (quar.)_
™______-™—
5% preference C (quar.)_________________
5%> preference D (quar.)
4
preferred A
Jamaica Water Supply Co.,
B.)
(W.
Jefferson
Co.
■-4r-
Electric
a
(year-end)___________
Co.
Morlin-Rockwell
$1.50
1-
12-14
1-
17c
Common
11-30
x$1.75
11-
11-30
Jersey' Central Power & Light Co.—
xVAT,
1-
11-30
xlV*%
1-
1-15
12-30
$1-25
11-30
12-3Q
12-15
Massachusetts
12-29
12-21
12-26
,
$3
1-
75c.
2
12-
1-2-45
25c
1-2
12-29
:
Insurance
Glass
$1.50
1-
2
32-26
26 %c
1-2-45
12-19
National City Lines, class A
1-2
12-15
National Grocers,
/ $$6
1-2
12-22
National Linen
1-
12-11
$1.50
1-
2
12-11
McGraw
National
'
:
Tea
1-
2
12-11
Mclntyre Porcupine Mines
2-
1
1-18
Johnson
4tfc
Jones
5%
Inc., 4 % %, preferred
Co.,
•
series A
preferred
(A.
McKee
(quar.)_______
&
Laughlin Steel Corp.. com.
preferred class A (quar.)
$1
2-1
1-12
G.)
&
McKesson
Johnson—
&
2nd
(quar.)
$1.75
$1.06 Vi
12-15
1-15
12-30
50c
1-
2
12-15
1-15
12-31
$1%
National
37 %c
r
25c
1-10
1-2
1- 2
•
12-11
/ '';
;:'
4
1-
6
12-
4
Mead
5% preferred class B (quar.)___-™__™_„,
Joplin Water Works Co., 6,% preferred (quar.)
$1.25
$1.50
1-15
Judson
$1.75
1-
2
12-22
25c
1-
2
1^-20
Melchers
1-
2
12-20
Mengel Co.,
Kahn's
5%.
(E.)
7%
preferred A (accum.
Sons Co,, common__j___„^____
preferred
Kalamazoo
62 % C
(onar.
Vegetable Parchment
1-
-
6
12-
12-20
12-15
12-15
1-2
12-20
1-
12-15.
$1.75
/
2
/.
Co.—1-2
12-15
1- 2
12-15
7
7
1-15
12-30
50c
12-28
12-20
$$1.11
1-2-45
35c
3-35'
3-5
Common
(quar.)
35c
fi-15
6-
5
Common
(quar.)
15c
Common, (ouar.)
$6
Citv
preferred
Kansas City
Preferred
_______________________
Power
B
&
Service,
com.
__w_
(initial)__
(accum.)
Kansas Electric Power Co..
preferred
5
12-
5
$1.50
25c
1-
2
12-14
pfd.
Distilleries
(quar.)__
12-16
2
12-20
75e
1-
2
12-15
6 7r
Extra
convertible
Co.,
&
& Co..
"3.90%
12-15
'12-15
2
12-15
1-17
12-15
Miners
'
preferred
•1-31
12-30
12-20
12-30
(quar.)
preferred
(ouar.)
,
$1
(quar.)„
12-28
2
2
2-
*
1- 2
preferred
1-
$1.25
(quar.)
$1.50
1-
2
39.14
$6
$1.50
2
12-14
$6
preferred
prior preferred-,.:—
$7
preferred
,
2
12-
$1.75
12-30
12-15
2
1-
2
____
$1.75
1-
2
s—
$1.75
1- 2
1
1-20
12-27
(year-end)___
12-18
$37%C
1-
6%
2
12-
1
$1.50
2-1
1-19
25c
1-2
12-15
12-26
Inc.—
Power & Light,
preferred
(quar.)
8%
7%
pfd.
preferred
(quar.V™
(accum.)_
•
$1.75
$1.50
$82
12-30
$2
1- 1
12-20
1- 2
1-2
1- 2
1-2
12-1S
(quar.)
.■
.
New York & Honduras Rosario
___'———
(N. Y.)—
,
News
preferred
Newport
$5
Electric
12-15
12-15
1-15
1- 2
' 1-14
1- 1
1-2
1- 2
1- 2
12-30
1- 2
1-2
1- 2
1- 1
1- 2
12-27
12-27
1- 2
1- 2
12-27
* 1-15
1- 2
.1-2
12-15
12-30
13-20
..
12-15
1245
1345
1245
12m
12-21
12 ,-
8
12-15
1243
32-13
12-
8
12-H
12-15
13-15
3
2-23
1943
12-13
11-25
13-15
13-15
Mining Co.—
(quar.)___
75c
$1.50
1- 2
12-15
(quar.)____„_—
—___
$1.75
1-2
871/2C
1- 2
13-15
12-15
.'7
(N. Y.)
(quar.)—___—
Shipbuilding & Dry Dock—.
(quar.)____—_______
—_
Niagara Share Corp.. class B (year-end)
Nla°"»ra Wire Weaving Co. Ltd. (quar,)-^
.Noblitt-^nnrks Industries-Inc. (year-end)___
Noma
12-20
$6 pfd,
New York Power & Light,
preferred
12-15
12-15
payment clears all arrears.
——
7%
12-20
1- 2
1- 2
1- 2
12-27
__—.
Year-end
12-14
:
37%c 4
(quar.)
______
/
$1.50
1
2-
50c
(quar.)________
$1.50 pref. (quar.)_
preferred B (quar.)
Year-end
1
2
1-
12-13*
12-30
National Screw Mfg. Co.
12-13
1-
971/0 e
quar,)__.
$5
12-13*
1-15
National Seaboard
12-13
1-
12-13*
25c
Service_______—
preferred
; The' above
8% preferred
,
Co.—
12-15
preferred..-.
Co.,
New York Trust Co.
2
prior
$6
12-16*
12%
$1,311/4
(quar.)_
(initial
2
1-
3349
30c
Lead
National Refining,
12-20
50c
1,
Transportation
Inc., 44/2%
preferred
2-15
2
$7
7
12-31
$1.50
__
1-
12-15
12-
$1.25
$1.75
1st pfd.- (s-a)
Inc.—
(ouar.)__
;
Merchants
5V4%
2
2
1-
$30c
partic. pfd.„
11-
62V2C
(s-a)
50c
5%
Stores
preferred
Merchants Bank of New York
.
pfd.
1-
$1.25
2
2
1-
$1.25
1-
1-
1-
25c
(ouar.)_
$1.75
1
12-20
35c
57o
Ltd.,
Metropolitan Edison
1-2
1-15
$1
11-
$30c
$3.50
5%
Kansas Gas & Electric Co., $6 pfd.
,.7, preferred Cfiii^r.)
Kansas-Nobr°f:ka Nafv-al Cas—
$5
9-
12-15
1'ir
Merck
(qiiar.)__________
Public
9-15
15c
Light—
2
_
preferred (s-aT
Telephone Co.,
,7%
Mercantile
Co.—
(quar.).
1-
75c
—
$1.50
2
Common
Kansas
(extra)
4
1-
11-
$1.75
(quar.)__
Stamping
Ltd.,
12-29
50c
—___
'_™_-___—30c
(year-end)
87%c
Co. (quar.)___j.
50c
National Standard Co. (quar.)
50c
National Steel Car Corp., Ltd. (quar.)—___
$25c
National Sugar Refining Co.___
35c
Nehi Corporation, common
'
12%c
$5.25 1st preferred (quar,) ______________
$1.31 (4
New England Fire Insurance (quar.)—13c
New England Power Assn., $2 pfd, (accum.)
33%c
6% preferred 1 accum.)
> $1
New England Tel. & Tel.___—
$1.50
New Haven Water (s-a)$1.50
New Hampshire .Fire Insurance Co. (quar.)-1
40c
Special ™i,™„„_™_—™—_
20c
New Jersey Power & Light, 4% pfd. (quar.)
$1
New Jersey Water Co., 7% preferred (quar.)
$1.75
New London Northern RR. Co. (quar.)_____
$1.75
Extra
■
25c
New-Orleans Public Service Co., Inc., com35c
4%%
preferred (quar.l™—™™^™——
$1.18%,
New Process Co. (year-end)
$1.50
New York Central RR.
(year-end)
$1
New York & Harlem RR. Co.,. 10% pfd. (s-a)
$2.50
Common (s-a)
/
$2.50
1-15
12-31
(extra)
Meadville
Mills,
&
preferred
2
$1.75
(quar.)__
National Safety Bank & Trust
$1.50
McQuav-Norris
0
12-20
——
12-
.0
12-
12-12
'12-31
$4 preferred (quar.)_
Ltd., nartic. pfd. (s-a)
Manufacturing Co. (quar.)
Johnson & Co. (quar.)___
6
12-
1-
1-15
$1.50
Robbins,
1-
1-2
+44c
'
12,-12
12-18
12-28
$$1.50
Co
$7
National Motor Bearing Co.,
12-15
$1.75
•
1-15
12-26
$50c
///'■' Year-end;..
12-20
10c
McManus Petroleums,
50c
$1.25
(quar.)
&
Casket,
12-11,
30c
40c
___
National Malleable & Steel Castings Co.—
2
50c
50c
(ouar.)
Co.
National
■■■'
National Enamel
Co., Ltd.—
2
1-1
held--.
2nd preferred (quar.)
National Cash Register Co. (quar.)________
12-23
50c
1-
12-2J
7%
2
$17%c
(quar.)
12-2$
1-1
50c
1-
50c
Electric
common
National Candy Co., Inc.;; common
7% IvSt preferred (quar.)
12-23
12-21
1-2
Year-end
8
12-21
2
1-
$1.75
——
12-10
12-11
1-2
93 %c
Ltd., common,
7%
preferred (quar.)
National Bronze & Aluminum Foundry—
12-20
:
12-29
50C
(s-a)__
National, Biscuit, common-—/'
& Share Corp. (year-end)
/"/--/t';"
12-31
12-15
$1.25
National, Breweries,
12-15
preferred
of
shares
12-15
12-15
Semi-annual
6 7»
five
1- 2
1-2-45
40c
(quar.)
Maryland Drydock Co., 7%. preferred
$1.25
:
each
gtd.
National Bond
15c
Oil
'
12-20
12-20
(quar.)
2
$1,
12-30
1-15
1- 2
12-21
1-15
12-27
Inc/
(stock
preferred for
Strauss-Duquarquet,
dividend). One share of 6%
1-2-45
12-28
,' 75c
12 %c
Nathan
ZlVzc
—
preferred
$1.50
12-22
37V2C
'v
(year-end)
Nashville & Decatur RR.,. 7 Va %
Corp.
Plate
Corp.
12-18
$17%c
preferred, second series
6 7c
Martin-Parry
Nash-Kelvinator
•
'
Jewel
12-13
12-18
12-26
___________________
(quar.)
Co., 6%
&
McColl-Frontenac
6% preferred fquar.)__i.—4
.7% preferred (quar.)™_™_,™_™_™_™___:'•
12-13
1-1
$1.37%
(quar.)
preference
$1.62%
(quar.)
Field
Marshall
'
Corp.
(quar.): $1.37Va
SYa% preferred
1
12-30
__________
preferred
1%
-
11-30
xl%%
convertible
10c
5% pfd.- (quar,)_
.(year-end)
2
1-
(quar.)________
common
2-
$1
311/4C
_
12-20
1-17
(Toronto,.
12-12
12-20
12-16
1-
12-21
1-
20c
1-25
(quar.)™™
'4,
12-12
12-20
2
12-18
2-1
■:
4.':;/: 4
1-
2
1-
1-
9
v1- 2
-
12-29
$1.18%
iyear-end)____
Mutual Chemical Co. of America—•
preferred iquar.i
:
Mutual System Inc., 6% preferred (quar,)_
Myers (F. E.) & Brothers (year-end)
12-19
12-30
1-20
Co., 4%% preferred (quar.);
(G. C.)
5'/2%
1
25c
1st pfd.
12-26 ;
(quar.)__
1-
1-
$1.75
2
12-19
37V'aC
Mapes
12-20
1-
■
$2
12-30
25c
(NY) com. (quar.)
preferred (quar.)
Consolidated Mfg. Co. com. (quar.)_
Marchant Calculating Machine Co. (quar.)
Margay Oil Corp. (quar.)___—„_„____™
Marine-Midland Corp. (irreg.)—
Marian Water Co., 1% pfd. (quar.)
Maritime Telephone & Telegraph—.•
32-15
$1.50
(New York)
i
5-12
(quar.)___
Murphy Paint Co,,
12-23
"
Co.
2-10
11-10
37%c
•
Manufacturers Trust Co.
12-15
12-28
$1.62 y3
(quar.)
preferred (quar.)
Jamaica Public Service Ltd., com. (quar.)
J a)'vis
12-15
12-28
87V-C
10c
common™
preferred (quar.)„_w.i„™___j_:___w_-___
1%
12-28
Life
1- 2
$6.25
(s-a)
Ont.)
12-8
3-1-45
12-1-45
Nashua Manufacturing Co., $5 1st pfd. (quar.)
■:.■ $2
2nd preferred: (quar.)
7%. class C preferred (quar.)
:
preferred(quar.)
Manufacturers
12-16.
12-27
$1.75
30c
Co.—
12-23
12-29
•
(quar.)_
$1.25
preferred
2
9-1-45
Murphy
$2
common
& Rubber
12^2
1-
6-1-45
Munsinger, Inc.
40c
15c
_„___
Extra
Island
(P/ R.), 4%%
12-22
12-30
$1.75
12-19
12- 8
•:/■
prior nref.
6%
RR.
30c
$25c
81V4C
(accum..)
(quar.)
preferred
;$6.50
Central
12-22
$1.75
...
12-15
,$2
Macy (R. II.) & Co., common
Magnavox Company
Mahoning Coal RRl Co.,
5?r preferred
(s-a)
2
12-30
$1.25
40c
(quar.)
12-27
12-30
preferredwi44vi--ii4w,'
participating
7
(quar.)
preferred
12-27
■
1-15
75c
(accum. t
(accum.)
Service
Irving Trust Co.
.
.
1-20*
Publications,
12-
'
Munising Paper Co., 5%
12-8
Co.
10c
preferred
preferred B
1%' nreferred A
$7
__________
$1.50
.
Electric Light & Power Co.r~>',■;//:'
Iowa
•_
(extra)
Macfadden
$7 5c
;
:
12-14
1
12-26
$1.50
_______
1
2-
25c
Ltd., com. (interim)
(quar,)t year-end i
12-15
1-
50c
(quar.)
12-11
1-2
87 Vic
_
12-18
2
12-12
$1.75
12-15
12-30
_——_______—_____
Electric
&
12-15
1-
$1.75
(quar.)
1-15
15c
{Ky.), com.__
vf 5Vo cntpul. "pfd. ($25 par) iquar.)—_•
:
57o preferred ($100 par)
(quar.)
Ludlow Valve Mfg., 5conv. pfd.—w.____
Lunkenheimer Co., 6 Vz7o preferred (quar.)_
Lykens Valley RR. & Coal Co. (s-a)
Lynchburg & Abington Telephone (s-a)
11-30
$$2
(quar.)
Gas
12-32
1-15
$7 preferred
1-15
1
$$1.75
(quar.)
Candy Corp.
(year-end)
Taylor, common (quar.)
2nd preferred (quar.)_—__
Louisville Gas & Electric (Del.), cl. A (quar.)
Class B
1- 2
$1.25
(accum.) „_™^_™__(;„_4__ % $$1.75
45 c
International Shoe Co. (quar.)
1.75
International Silver Co.. 7#
pfd. (quar.)___ :
7%
1
(accum.)
5%: pfd.
Co.,
International
7%
2-
t40c
Common
International Paints Ltd.,
2-
$$1
&
Louisville
2
Mullins Manufacturing—
$1.50
Loft
12-18
12-15
12-12
12-15
"
(quar.)__™_™_„_____™___
Motor. Finance Corp., $5 preferred (quar,)_
;"'////■:/' / "r",-
■
8%
International Nickel Co, of Canada Ltd,—
2
1-
Inc.—
preferred
1
4-
50c
(interim)
preferred
2
1-
50c
12-31
$2
(quar.)
Theatres, Ltd.—
(Marcus)
7%
Lord
12-18
$1
International Minerals & Chemicals, common
preferred
12-23
1-
1-15
50c
(s-a)
Consolidated,
/ 30c /
12-23
2
1-15
tquarj__
(interim)
6%
Wo
2
1-
65c
(quar.)
'
1-
$$4
(s-a)
preferred
■
International Harvester Co.. common
12-15
1-15
$7 preferred
•
Intercolonial Coal, Ltd, common
.
;
62 %C
_______
—
Morrison
12-15,
1-2-45
$1.12%
(quar.)
8% preferred
(quar.)
1- 2
/•.
12-20
& Co., see Philip Morris
(Philip)
Extra
3
(quar.)
Plan Bank of Virginia
Morris
'■
12%c
75c
Lock Joint Pipe,
12-15
7.
Moore-McCormack Lines—
$2.50 convertible preferred
10c
20c
1-1
12-20
7.
12-13
12-27
$1.62V'2-
International Button-Hole Sewing Machine-
Quarterly
12-2.0
12-
12-12
50c
50c
Liquid Carbonic Corp., 4Vz % Pfd. (auar.)__
Little Schuylkill Navigation RR. & Coal Co.
Co.
1- 2
1- 2
1- 2
1-2
$7
Chain
12-15
t$1.75
12-14
Steel
12-1
12-15
12- 7
-
^
$1,75
(quar.)
______________
Works, Inc., common™—
Class B (year-end) ___—
$1 convertible preferred (quar.)
Locke
12-13
1- 2
1- 2
12-
12-31
1-15*
1- 2
1- 2
2
25c
1-29
12-15
1-
12-14
57o
__
1- 3
+$1.75
common
$7 preferred (quar.)
12-15
12-20
1-2
12-14
12-15
12-20
1-2
1-2
12-14
1-15
12-U
1- 2
12-24
12-31
1-15
12-11
12-26
50c
12-31
•-
12-26
$66 %c
,12-15
_________
/
Semi-annually.'..-
dividend
25c
(special)-
12-15
$55 %c
Ltd.,
5c
Business Machine Corp.—
International
com.
(quar.)—
vtc.
Moore Corporation,
5c
J20C
9
12-15
1-2
1- 2
(quar.)__
1- 2
1-2
12-16
y
9
Extra __________
L;—_______—_____
,.'i 7% 'preferred A (quar.)
7% preferred B (quar.)_-—
Common,
12-20
1-2
1-15
$2
12-16
12-28
1-2
1212-
(Bait.)—
Monumental Radio Co.
12-26
$37 %C
(quar.)
$1.75
12-1&
$1.50
—
12-26
J75c
(quar.)
(quar.)_
12-18
12-20
l%c
10c
Bronze
preferred
Stock
(Md.)
Inc.
Ltd.__
i
Powders, Ltd.—
Eaking,
International
6%
Certificates,
pfd.
B
2V'2c
Insuranshares
$1.75
(quar.)_
.
11-27
12-2.3
25c
—_
Link Belt Co., common (quar.)
6 Va 7o
preferred (quar.*)
6V2V0 preferred (quar.)
Lipe-Rollway Corp., class A (quar.)
12-31
$1.25
Class
1-4
50c
2
prior preferred
V Missouri-Kansas Pipe Line,
12-19
/
50c
(initial)
com.
new
30c
1-
7%
12-16
.
$2
(year-end)
Corp.,
Baking,
______
50c
,
Industrial Rayon
,
y"'/:Minnesota Power & Light, 7%
12-27
"12-8
$6 preferred (quar.)
Lexington Union Station Co., 4% pfd. (s-a)
Liberty Aircraft Products Corp.—
$1.25 conv, preferred (initial quar.)—
12-30
$1.25
—_—
(accum.) ________
Corp., common (quar.)
,$4.50 preferred class A
_____________
Tngersoll-Rand Co., $% preferred (s-a)_—
Institutional Securities, Ltd.—
Insurance Group Shares (year-end)___—
Insurance Co. of North America (s-a)-;____
conv.
(quar.)™
1-
50c
Industrial Brownhoist Corp.—
60c
pfd.
1
12-30
$1.25
(quar.)
Class A (quar.)—15c
Millers Falls Co., commoit-(quar.)_________
25c
12-23
12-20*
1- 2
12-29
12-29
12-30
1-15
12-30
12-30
,
—____
:-12-23
2
2
12-28
—
preferred
$2.50
6
12-22*
12-1$
•
Title
participating preferred (s-a)"-—:
Participating
& Co., common
___________—
■
class A™________™__.__™__,:
pieferred
conv.
12-
1- 2
1-
:
Electric
1-
$1.31 V*
Acceptance Corp.—
non-cum.
2
1-15
30c
common
(quar.)
Indianapolis Water, 5%
1-
$1.03%
12-20
1-
—
____________
.
(quar.)
1-2
___
Leath
7
60c
12V2C
Mississippi Power, $6 preferred (quar.)
;
$1.50
$7
12-30
12-18
$7 preferred (quar.)
$1.75
t5c
2- 1
12-28
15c
Mississippi River Barge Line (year-end)____
>: 37%c.
4 1- 2:12-16
Mississippi River Power Co., 6% pfd. (quar.)
$1.50
Missouri.Edison Co., $7-pfd. iquar.)
$1.75
$$1.50
1- 2
12-15
Missouri Power & Light, $6 pfd. (quar.)
$1.50
62V2C
1-2
12-22
Mobile & Birmingham RR., 4% pfd. (s-a)
$2
371/2C
12-28
12-15
Mobile Gas Service Corp.—
171/2C
.1- 2 ; 12-11
4.9.0% preferred (initial quar.)
$1.22V'2
;
' ;
Modern Containers, Ltd., common (quar.)__
130c
•'50c
1-15
12-30
5V2% preferred (quar.):—,—
1:$1.37V2
8c
1-15
12-30
Mojud
Hosiery
(formerly
Mock,
Judson,
75c
1-15/
12-30
Voehi'inger)/5% pfd. (initial quarterly)__
62Vic
H' 30c
12-27:
12-16
Monarch Life Assurance Co. (Winnipeg)—
7;77yr':'W:^V//// Semi-annually .$$1.20
60c ■
12-30
12-21
Monongahela Valley Water Co.—;
• <■'..<
20c
12-30
12-21
7% preferred (quar.)_
$1.75«
12-30
12-21
Monongahela West Penn Public Service Co.
$3
43 %c
$4
,12-30
12-21
7% preferred (quar.)_l_
87 %c
10c
12-27
12-12
Monroe Chemical Co., $3.50 preferred (quar.)
50c
10c
12-27
12-12
Montgomery Ward & Co., common 4quar.)__
$1.75
62 %C
12-27
12-12
$7 class A (quar.)——
$48c
$1
1-2-45
12-14
Montreal Telegraph Co. (quar.)______
1
G7o
12-20
1-
12-1$
72c
.
12-20
75c
'.1
.."v
12-18
$1.50
1-2-45
12^15
25c
Steel (quar.)™,.
'
Insurance Corp. (Richmond, •
Va.), common (s-a)™___'
11-14
12-29
12-15-
12-20
20c
( quar.)__——'
preferred
Lawyers
12-15
1-2-45
1- 2
4
(John A.) & Son (quar.)____________
Langendorf United Bakeries, Inc.—
Class A (quar.)_-_
:__-:™™_:_™_4_____J;
1-1
1-2*45
$1.75
■
1-2-45
l- 2
.
12-20
$1.50
8% preferred (quar.)—_—$2
Mid-West Refineries "
5c
Convertible preferred
(quar.)
37'/2c
Miller Manufacturing Co., com. (quar.)5c
1-15
&
12-10
$1.50
Midland Steel Products Co.—
'
1*
2
$1.50
12-20
50c
Lang
$30c
&
$2.50 pfd.
12-21
12-20
1-
12-27
$1.75
12-20
'2- 1
11-22
•
Year-end
2 "w 12-20
0) Re?,
$
1-20
$10
1- 2
$1.75 "
'..y;
1-
62'/2c
!'.:■■ 1- 2
:
'
1
Holder$
Payable
25c
$1.50
(Sarnia, Ont.)
12-30
•
1-
;l
_____
$1.18%
s-a)______---_-_-v-----^---_J
(increased
,
12-30
$2*
12-29
When
■
Share
v.25c
/ • $1
(interim)
(quar.)
& Investment
$1.75
(s-a)_
671/2C
12-21
4/12-21
' Per
>
•
c
$1.50 ;
68%C
> :
12-29 J
* v'!
'
7% preferred (quar.)„___;___________n__
Mickelberry's Food Products Co.—
$2.40 preferred (quar.)__—.
Micromatic Hone Corp., 5% pfd. (init. quar.)
Middle States Petroleum Corp., class A—
r 12-15
12-27
J-''
Name 0/ Company
•
'
;1- 2 '
$1.50
.':
.
Mesta Machine Co
;•—
Meyer-Blanke Co., 7% preferred (quar.)____
Michigan Public Service—
/
6% preferred (quar.)
'
0% pfd. series of 1940 (quar.)
$6 junior preferred (quar.)™__„___™___
12- 8
62V2O
—
Loan
-
General
5'A %
1- 2
371/2C '
LaPlant-Chdate Mfg. Co., Inc;, common____
$1 preferred
(quar.)_—_________________
La Salle Extension University, 1% pfd.—
v,
J$1
common—.
Indianapolis Power & Light,
12- 8
1-2-12-8
T
12-20
3-
(quar.)
preferred
15c
(quar.)
preferred
1- 2
(quar.)____
common
(quar.j.
Telephone
Crosse
t50c
Service, 6% pfd. (quar.)__
Indiana & Michigan Electric Co.—r
4'/a %
12-15
& Co. (s-a)_—___
(B.)
:450c
Quarterly
Independent Pneumatic Tool Co._:™'_™™__-./
$3
preferred
2nd
-6 7o
Imperial Tobacco Co. of Canada Ltd.—
Indiana
11-30
12-27
,,50c
12-15
$1.18%
Wise.), $4.75 pfd. (quar.)
Imperialle Fuels, Ltd., 6% partic. pfd.
12-28
50c
r___
Kuppenheimer
12-15
10c
20c
.;
guaranteed (s-a) _™___ ;
Telephone
(Madison,
4%
Commercial
15c
;
12-11
121/2 c
$1.50
r
12-18
40c
17o
12-15-
__—
Co.—
1- 2
$1,121/2
12-15
$1.31 Vi
Humphrey Mfg.
6% preferred
Hunter Mfg. Co.,
Hunts Ltd., class
:
37V2C
Koppers
8
62'/2c
(quar.) ™a_________
Co., common (year-end)
(quar.)
preferred (s-a)
_________
A (interim)
;
Class B (interim)
Huron & Erie Mortgage.Corp. (quar.)____—
Hussman-Ligonier Co., 5% % conv. pfd. (quar.)
Huttig Sash & Door, 7% preferred (quar.)_
Illinois Bell Telephone (irregular)
Corp.,
12-16
1,1 12-18 J
__________
,.«
Merrimack Hat Coi-p.| com, '(year-end)
Merritt-Chapman &. Scott Corp.—
/
6>/2% preferred class A (accum.)
12-15
1- 3
1-2
Co., common (initial)
W\7o preferred
(initial quar.)___
Kresge Department Stores, Inc.; common™^
4lit conv. 1st preferred (quar.)
Kroger Grocery & Baking—
6%
1st preferred (quar.) _______________
12-20
1-2
<
Corp
& Co. -(year-end)
;
; ■./.
25c.
37%cv*"
preferred (initial quarterly)_______
6%,: preferred
Kirsch Co.; $1.50 preferred (quar.)u_v._i___;
Knapp-Monarch Co., $2y2 preferred' (quar.)_
$2.70 preferred (quar.)____w._____-_______
12-20
10c
6%
•
■
of Rec.
12-15
1-1
' T*':!
.
':■>
Axk%
12-20
12-30
$1.121/2 v
(quar.)
_
Houdaille-Hershey, class A (quar.)
Household Finance Corp., com. (quar.)„—
5%
preferred (quar.)
Houston Oil Field Material Co., Inc.— v./
Common
(year-end) —__-._i.-w-—
$1.50 conv. preferred '(quar.)_—
Howard Stores 5V4% pfd. (quar.)
Howell Electric Motors (year end)
Fibre
-
'
Co., 4 % %■ preferred
Hummel-Ross
(Walter)
Kimberly-Clark
Extra
i,v'75c
'
13V2C
Kidde
12-28
-
'»
tquar.)
(interim)
Mines
Gold
Kerr-Addison
12-
1-
25c
class A
$1.50 preferred
4
12-
4
tlOQ
't$3.50
Hollinger Consol. Gold Mines Ltd. (quar.)__
Holt Renfrew & Co., Ltd., 7% pfd. (s-a)—
7%
12-20
2
Payable
$1.12VV
preferred__.___
$4.50
Co.,
Drug
Eolderi
'-When
"Share
Katz
1-2
;
____
/.-f '■•''-Per
Name of Company
12-20
12-28
$1.25
(extra)—.
Sons
1-
$1.75
37 "2 c
;
V
Hol(Ler$
of Rec.
2
50c
preferred—
common:
(quar.)——_—
Co, (quar.) ______
Furnace
Hollander
1-
31 Vic
Hickok, Oil Corp., 5% preferred (quar.)_____
.:
prior preferred (quar;)'
Hilton-Davis Chemical Co.; $1.50
Payable
,
Corp.___.
—
.(
$1.25
15c"
$25c
50c,,
25c
2- 1
12-29
12-30
12-28
1-15
1-15
12-
)
12-
5
32-19
12-23
.ft'"'
of Company
Name
American
North
••
>'/•'''/
Share
,1
Payable
Car Corp.—
preferred
A
tquax.)
$1.50
1- 2
preferred
B
iquar.)
$1.50
1-2
V
for
approval of the SEC)
the
North
Class
B
/
Natural
Co,
preferred (quar.)—'_
Telegraph Co.
7ft-
Norwich
&
:
12-20.
Novadel
Scotia
Nova
12-26
Corp.,
Public National
12-20
Electric
Ottawa
2
12-16
1-
2
12-15
1-
2
12-15
1-
2
12-20
1-15
12-21
1-
2
12-14
12-30
12-15
1-
2
11-24
1-
2
12-20
1-
2
12-20
$25c
:5ft':
■
1-
2
12-20
1-
2
12-20
$1.50
1-
2
12-11
$1.10
1-
2
1-
2
12-
.
Ry.
8
75c
12-29
12-15
1- 2
12-12
Indemnity
Lighting
Tel.
Pacific
12-1
1
11-
1-
1
11-
8
$1.12 V2
1-
2
12-15
1-2
12-15
1-
2
12-15
50c
1-
2.
12-15
25c
12-26
12-29
50c
1-
2
12-15
1-
2
12-15
$1.25
1-15
12-31
10c
12-28
12-18
$1.75
12-30
12-18
$1.50
(quar.)
1-15
12-30
1-
11-30
—
(year-end)
common
$$1.25
Page-Hershcy Tubes, Ltd. (quar.)——
Panhandle Eastern Pipe Line—
:
V
2
C/Aho preferred (quar.)
Pictures,
Paramount
12-16
$1
1-15
1-2
12-29
12-
25c
12-30
12-16
10c
1-10
12-12
75c
—
'1- 1
50c
(quar.)——
Paraffine Companies, Inc.—
preferred
$1.40
12-29
12-22
$lc
5.6ft
1- 9
—-
(quar.)—.—.
Parker
Appliance Co. (quar.)
—
Park,.Utah Consolidated Mines (resumed)
Patiho Mines & Enterprises-—----—
—
Mines, Ltd.—
Paymaster Consolidated
class
12-30
12-20
1-1-45
12-15
35c
2-5-45
2-15-45
80c
A
preferred
1st
2nd
Real
Reed
•
-
/.y,: 5c
Gold"
(quar.)„_
Pet Milk Co., 4%ft preferred (quar.)
4 V* ft
2nd preferred (quar.) —.
Petroleum
$1.25
&
Trading
Pfaudler
Co.
$6
Company,
preferred
&
Rensselaer
Saratoga
prior preferred
6%
Richman
Brothers
1-
2
12-15
$1.25
2-
1
1-15
12-15
2
2
12-15
Rochester
1-
2
12-15
Rochester Telephone
12-15
12-26
12-15
62VaC
4 Va ft
(initial
preferred
Roeser
i$6
prior
preferred
2
12-15
Co.,
"
12-20
5c
1-
2
12-21
1-
2
12-
1
$1.50
1-
2
12-
1
1-
12-31
12-
4*
25c
12-31
12-
4
2
12-8
1-
62 Va C
2
12-15
1-10
12*-30
Savannah & Atlanta Rv., 5ft
12-15
Savannah
1-15
1-
2
1-16'
$5C
preferred
1.33 V3
1-15
2
65c
4-
2
3-15
75c
(s-a ft.
4-1-15
3-15
(quar.)——
.1-2
Pittsfield & North Adams RR. Corp.
Plomb
Nut
Tool
&
Chocolate
Common
.
4%
(s-a)
Co._
2
12-11
1- 2
12-15
25c
1-15
12-30
15c
1-2
12-15
50c
1- 2
12-18
12-20
12-- 5
50c
Shawmut
Association
1-
2
2-15
12:
5ft
preferred
A
5ft
2
7ft
12-30
10c
•
12-23
12-30
$1
$1
;
12-23
12-30
12-23
Sicks
preferred
1-
3
1-
2
12-12
12-27
12-12
Breweries,
Ltd.
5% ft,
(quar.)-.:
participating
1-
2
12-22
1-
1
12-11
$1.25
1-
1
12-11
U3.25
1-
2
12-16
12-26
$1.25
U 2
12-9
Texas
1-
2
12-15
12-23
150c
ft.
.
1
12-15
1-
2
12-15
2
12-15
$$1.75
1
1-
2
12-15
175C
1-
2
12-15
30c
1-
2
12-15
40c
1*
1
12-
1
13c
-15
X*
11-
6
13c
1-15
11-
6
75c
12-30
12-16
75c
12-30
12-16
,
;——
(quar.)
■——ft-^a———■ >
$1.25
2-
1
12-18
62 VaC
1-
2
12-
t75c
1-15
12-
9
1-2
12-
9
1-15
i2-30
1-15
■
12-23
1-2
$1.25
12-30
20c
,
'!/-• 25c
37'/2c
12-31
preferred
12-76
12-16
12-26
12-15
6R%C
1-
1
12-3 5
t.20c
1-
2
12-
8
162 %c
1-
2
12-
8
(quar.)
15c
12-28
1-
11-24*
2
2
12-16
1-2
12-16
1-
10c
25c
1
1-16
50c
12-29
1T-15
$2
'ft, 1-- 1
12-16
2-
62 %c
Common
v,
Associated Oil Co.-—
Tide—Water
2
12-U
(quar.)——-.
17%c
1-
1
12t
7ft',;tw»ferred ft.;.——'-a—■
Edison Co, 5%. preferred- (monthly)
|$1 75
1-
2
1-
2
12-2-0
$4.50-preferred (quar.)
Tiir=Top-.->Tailors, Ltd, common
/
12-18
,6ft: preferred
.
7fth'i»?af-orred
/
41 VaC
/
1
50c
2
12-20
1-
2
37-20
3c
of Nevada...,—.-'——.
1-
58 %C
(monthly)
—
(monthly) __ft.__/—___
TonflBg.it- Mining
1-
$1.12%
—
Toledo
'
2-. 1
50c
/
common...——
preferred (quar.)—...-——.a
-<'
;
12-15
12-27
9
10c
$2.50 prior preferred (quar.)
(year-end)
:
Thayers Ltd, $3,50 preferred (accum.)
12-30
62V2c
1-
,
150c
Company -(quar.)——.—.——
4ft
12-30
2-
(quar.)
It 2
150c
Textron,' Inc.,
2-
5
1-15
Textiles/Inc,
1-15
t35c
1-
25c
common (quar.)———
'(qiiar.):ft.../..—
Teck-Hughes Gold Mines, Ltd. (interim) —
2
$3:
1-16
25c
Tarpl^/(G.), Ltd.,
1-
t25c
12-20
$1.25
150c
shares- fquar.)
$2.25
1-
5
Vac!
12-
3
J?-i 5
2
1:1-72
4
-.12-30
12-20
175c
12-29
12-13
Too.ke Brothers. Ltd. .(interim!.^—— ft—
Toronto^General Trust Corp. (quar.) —,—-
1-
1$1
1-
t$l
17
,1- 2
11-22
1- 2
12-U
Toronto
(quar.F—ft——--
1$1 25
yl- 2
12-15
1-
12-19
$1.25
f
!•
$1.62 V2
$1
;
12-11
12-20
1-
62c
2
2-
i
1-19*
1-
2
12-28
-12-27.
12-
6
2
12-15
1
12-15
12-27
12-18
2
12-19
-1-
12-23
1-
2
12-28
$1.25
(quar.)
1-2'
1-
2
12-
15c/
'
!■",
13c
$1.25
—
,
9
1- 2-.
12-22
1-
2
12-22
1-15
12-31
1-
2
12-
(year-end)—
(interim).:—
.'I
7ft
7ft
1-
2
12-
9
1-
2
12-
8
t30c
12-30
1-29
11-30
12-29
•
.
.
.ft.
-
■
■ •
— ~r
Co.—:
2
12-L4
2
,12-"*2
2-
2
It
2
12-20
1-
2
12-20
-.-j-vrr-i-
—
i
—
(stock dividend) —
Westvaco Chlorine Products
.-UnitedftChemicaV, Inc.
Pajfflkhle
in
common
United
2 5c
//It" 2
12-29 ,12-22
12-26
12-16
40c
I-0.45
19-20
12 %c
12-28
12-18
75c
1*^ 1
$1.50
,1-2
1t>-
50c
12-29
12-22
I-15
17-30
——-ft—
it
12-31
It
$1.75
——
Ltd
Share
12-31
2
1-
100 ft
Carbide & Carbon Corp/ (quar.)——:
&
12-71
2
1-
.
•TTnioa^api'ic RR. (quar.),—ft———
Tivist Dri'l
It 2
•
Stpck dividend
:
————^—
/sy La Salle St. Corn, fewar.)
ft—
.Tysorf/Bearing Corp. (initial auar.)——
Union
)
$1.5,0
../.,.
*5
$1.75
(accum.)——————
1
$1.75
$1.1°%
208
'Eft/y
$750
(.qu&rh—ft—•
2-
1-
1$1
C^v Rapid Transit Co.—
'Referred
Twin T);SfcCutch, Co.—
Union
$1.25
preferred
:
1$1
1$1.50
"preferred-ft.—u-.—
Twin
'•
2
2-20
(initiai quar,)i_,_.^.—y—
United Bond
t$1.75
;
•
40c
(N.
Co.
Vhare fnr
Co, 7ft
9
of Canada Ltd.--
Trust
a-
Tri-Qpntinental Corp, $6 preferred (quar.) ft
Troy- feftfeennington RR. «s-a)/.v—
Tubiz-rftawon Corn,:; common_——.
12-15
\ :
1-
:.
(quar.)-~
&
l/l4 of
-
12-20
U
djv.)
TrMimdb'le
12-20
I'
$1.25
Go.
Y.)
(stock
share he'd
Tr^ defs Finance Corp. Ltd, class A (interim)
: :
cTa.sF%:: (interim)-—————,
6.ftlJitfrerred (auar.)_^—
—/
Trade_JB(Mik
1-19*
1
Mortgage
Torrington Co.
/
.
,
25C
V
••
12-U
2
2-
.
;
80c
ft
12-U
2
l
50c
.
2
-r
1-
1-
$1.75
(quar.)_
Sigma Mines (Quebec), Ltd,
1-30
12-15
12-15
/■■'ft', 10C
12-15
12-27
—
—!
12-30
25c
12-20
t $ 1.75
(quar.)——_—
(quar.)—
43 a ».c
ClasS^A r (year-end) —-———- —.-——
5%
preferred (quar.)_^————_ft—..—
TaggartjCorp.ft $2.50 preferred (quar.).—_
Talctltt^fJahies), common (quar.)__——
12-21
f 30c
.
(quar.)
(quar.)
2
Tacon^n^yr^ Bridge Co., com. (year-end)
2-1-45
20c :
pfd. (quar.)—
prior pfd.
Bearer
2-14
1-
$2
25 c
'
2
2
1-
(s-a)
Sylvanho-Gold Mines, Ltd., common
5
1
12-20
1-
.
7
2-
3-
12-20
1-
/'.■ $l.-50 -preferred B (s-a>'^y^--:---*---fty~;;
12-U
12-28
2-15
12-15
10c
Extra;;''' vfta.—w——ft——r————ft———————
12-15
1
•
1
2
1-
175C
————•—:
2-
12-27
/ft 7%c
,ft^————
Ordinary
17-tQ
125c
pfd. (quar.).—
Swift,Co,
4c
Skenandoa Rayon,
/
12-71
1-
,.!
iquar.)
Supextest petroleum Corp., common (s-a) —
yExti^,--—-—ay,—^,——
12-20
1
35c
Assn.
convert, pfd.
Sheep Creek Gold Mines
lyear-end)
Co., 7ft
& Fuller
12-21
1-10
,20ck
(quar.)—
1-10
1-10
$1.25
Co.—
common
1-25
/
"ft
*
12-12
Inc.
(quar.)
12-30
Superheater Co.
12-20
26 c
(year-end) 1
Selected Industries. Inc., $5.50 pfd. (quar.)_ ; $1.37 Va
5c '
Shamrock Oil & Gas Corp. (quar.)—
.Sharon Steel Corp., $5
12-30
1-15
/
(year-end)
Common
12-18
2
1-
$1.62 Va
Seiberling Rubber Co.. common,__———
$2.50 conv. prior preference (quar.)-——
5ft class A preferred (quar.)—
—
Shares,
$1.25
S'ilVH,-h»r1S(eel Corp.—..————,—.—
(year-end)—,————
American
12-15
1-15
Stokely-Van-Camp, 5ft prior pref. (quar.)—
Straadiridge. & Clothier, $5 pfd. (quar.)—•_
5ft
preferred
(accum.I__——
Sun Life Assurance Co. of Canada (quar.).
.12-15
: "/l- 1
,
Selected
12-20
$1.06 «/4
6 ft convertible preferred
(quar,)—
SternH^Eiigine, -common—————-—
12-18
.
1-
(quar,)—————
(quar.)
—
Sherwin-Williams Co.
—
(quar.)
7
debenture
Co.
Ltd.,
StedmaiL..Bros.
7
12-
.
Engineering
Products
Steel
12-28
-
12-15
—
.
Sulphite & Paper(vear-end)
12-
12-26
debenture- A
Steel
2
1-2
!
12-15
12-30
(quar,).
1-
12-11
1- 2
$2.50
—
non-cumulative preferred
12-15
$2.50
—
(quar.)— *
Plough Inc. ——
—
Plume & Atwood Manufacturing Co.
Port, ■ Huron
$1.75
-—
12-26..
preferred (quar,)—.—
$1.12 v2
$4Ms preferred (quar.)
—
$1.50
Scranton Electric, $6 preferred (quar.)——,
Scullin
1-
(qu8r.>_—————:—
preferred
5ft
:i2-l5'
12-30
5C
$1.75
Planters
2
12-U*
-
Erie, com,(s-a).
Pittsburgh Fort Wayne & Chicago Ry. Co.—
preferred
1-
1-
10c
Pittsburgh Bessemer & Lake
7ft
11-30
12-15*
tisc
Seaboard Suretv Co. (spenial)—
12-30'
1?. 2.12-26•
12-28
Scott Paper Co.,_ $4
Gold Mines Ltd. (interim)—
pillsbury Mills $4 preferred (initial)2-^2.—'
Pilot Full Fashion Mills, Inc., common..
.12-21
preferred
(quar.)
Stecher-Traung Lithograph
12-28
12-15
12-20
75c
!/"- t$2
Co.—, —■———-ft—
S.)
12-11
1-2
Crow
% ft
12-30
,
B (quar.)——"■ $1.87'/a
.ft:, $2
(quar.) --—
$1.37%.
Schenley Distillers CorpM 5 Va ft pfd, (quar.)
12-30
StafretruL.
1- 2
1-16
12-30
1-31
StayrorVDil
12-30
12-21
12-15
9
12-9
12-15
1
1-10
12-
2
1
1-2
1-15
1
12-15
1
—---,4--,.
1
3-
12-30
1-2.
It 2
1-
D
C
2-
150c
37 %c
1-
debenture
1-15
$1.06%
12-15
2-
7V2ft
12-20
1
v
$1.25
12-16
2-
8ft
2
2-
$1.25
1-3
$1.06V4
7ft
12-15
1-
"■
12-29
!
1-
(accum.)
Power Co.-—
Electric &
debenture
2
15c
$1.3lVi
$1
6
ft
12-15
1-
50c
$1.12Va
25c
.
6 Ms
12-15
2
(New Jersey)—•'
12-20
•
12-27
2
X-
12-23
(year-end)
75c
1-
25c
$1.75
(accum.)—
:
6Vaft pfd. (accum.)
2
,
preferred (quar.)—
$1.12
Co, Ltd.,
2
—.—
40c
Pick
Pickle
pfd.
common
$2.50
(Albert) Co., Inc., common—
—»
>Stock dividend^—
One share of new 5ft cum. preferred stock
for each
60 shares of common stock.
——
70c
Insurance Co.—
12-22
Stix..Bafer
(quar.)—
Loan
12-18
1-
(quar.)—'—————_
Sangamo Electric Co.
12-18
12-28
2
15c
Paper, $2.50 prior pfd. (quar.)
2nd preferred (quar.)—_—,—.U—
Diego Gas & Electric,
preferred (quar.)—
12-28
$1.75
2-15
•
5ft
12-18
$1.75
:——
12-28
Sterling Inc.
(quar.) —
Regis
San
12-28
$1.50
(quar.)
25c
t$1.50
6ft
12-20
.31 %c
San-Nap-Pac Manufacturing—
50 c
—;
preferred
Lawrence Paper Mills.
1-11
2
1-
$1.50
(quar.);——
12-15
—————a——
San Francisco Remedial
1-
50c
■
Extra
7ft
(quar.)
12-15
Spring.——————--a
Co.,
St.
5ft
2
30c
.
--r,—
——
.
Common
2
1-15
5ft
1-2
Corp.,
St.
:
$1 preference common (quar.)
,
Philadelphia Electric Power—
,8ft preferred
(quar.)
Philadelphia Suburban Transportation—
5ftpreferred
(quar.)
...
Philadelphia & Trenton RR. Co. (s-a)——
Philco Corp.
(year-end)——————
Philip Morris & Co. Inc. Ltd,, (quar.)
4 %
preferred (quar.)—
4'Aft preferred (quar.)
Phillips Packing Co., 5V+ft preferred (quar.)
Phoenix Insurance Co.
(Hartford, Conn,.)—
St.
1-
:/!. $1.25
—
1-
5ft: preferred (quar.)_
6ft pfd. (s-a)^——:>
4ft pfd. A (accum.)—
Lawrence Flour Mills Co., Ltd.—
Paper
12-15
Stanley'Works,
t50c
Safeway Stores, Inc.,
Lawrence
2
Standafd- Steel
2oc
Inc., $6.50 preferred--—
Roosevelt FieM Inc. (year-end)
Croix
12-22
1-
$1.50
12-21
20c
Brothers,
St.
12-29
$2.50
12-15
25c
12-
12-21
12-11
11-30
$1.12 Va
12-30
2
(quar,)
20c
$2c
1-
12-11
2
(Dallas)—
Co.
'$2
Rubinstein
12-27
2
1-
2
1-
$1.50
Rpssell Industries, Ltd., common (quar.)——
7ft preferred
(quar.)
Russell-Miller Milling Co. (s-a)—_—
12-11
1-
$2
-
12-20
2
2
$1
12-28
12-15
;
12-20
1-
1-
1-15
$1.12%
12-20
12-11
12-20
,
12-28
$1.06 Vt
12-30
St»u£i2J'.d,products Co. tirreg.)
—/ :/• 25c
110c
Standard/Radio, Ltd., class A (quar,)—___
HOC
cmss^fquar.)^————ftft-—ftft-.:
$3
Staffdatd- Screw Co., 6ft preferred (s-a) —
1- 2
1-2
—
12-28
$1.06V4
12-20
1-15
'
(quar.)
37Vs>C
12-11
1-15
$1 50
preferred (quar.)
ft/——
preferred (quar.)/_—
5c
12-11
2
1-19
t$1.50
4V»ft
$1.25
2
1-
5ft
12-11
25c
12-20
1
12-22
v; 1- 5
ft
12V2C
...
RR—
class A
2
1- 2
$1.50
6ft pfd. (quar.)
1-15
(Helena),
2-15
(quar.)
——
A (quar.)-..—ft—■
StanttetrhOil Co.
1-
50c
$1
1-
$3Tnffwred
Stanthrrd-Fuei
12-15
$1.75
12-27
Roos
12-20
J20c
ft__—„
<fe Marine
12-20
$1.50
,
25c
$1.50
common.
C
/
preferred
6ft
,1-15
--/------—-----—ft----—--—
.
12-26
$4
(quar.)
Rome & Clinton RR, (s-a):
$1.25
(quar.)
——
-
Philadelphia Electric
.
12-15
——
1-
12-20
34%c
.
class
1
1-
—— ^
Ltd., common
Co.,
12-13
1-15
Sqirare-D Co., 5ft
12-15
12-28
—
$1.25
Paper
12-27
75c
—
(quar.)
Rolland
St.
Inc.—
12-28
8%e
VVv ";"'
Inc
Pendleton
&
Cable, Corp.
Rome
12-15
$1.75
12-18
V 7 V2C
quar.)
2
■'
12-15
12-28
Corp., common—
1-
1
12-27
(quar.)
Valley
12-13
37V2C
:
iquar.)
convertible pfd. (quar.)—
SqufbtJ^tEr R.) & Sons, $5 pfd. A (quar.) —
$4.25 preferred B (quar.)
Standard-Ghemical Co.,/Ltd, (interim)——
Standard Fruit & Steamship Corp.—
12-15
—
Genesee
2
Springfield Gas & Electric Co.— ;/
12-15
2
:
$1
12.
2
1-
40c
(quar.)
&
2-15
1-
65c
$7epreferred
1-
$1
62V2C.
1-
preferred
Quarterly
V.
12-14
$1.25
i
'7
Co. Ltd., common
$1.75
1
►
l-v2
.—
,
Preferred
12-15
3.5C
12-21
5c
class A pfeferred' (quar.)
partic.
2
35c
SprhrgfieM-Fire
4
1-11
t$l
preferred (quar.)
——_—
River Raisin Paper-Co;^._——
Riverside Silk Mflls, ' Ltd.—
'
$1.50
1
12-
—'
$1.25
1-
2
(quar.)_—_U——
1-
12VaC
1-
50c
5ft
$2
12-22
1-
25c
(s-a)
Extra
Robertson Mfg.
1-2
3-
'
(quar.)——
12-15
12-21
$1.50
(quar.)
Insurance
Life
7"^preferred B
12-14
V25c
5Va ft preferred..(. .$1.37 Va
25c
Reynolds Spring Co.r
——.
10c
Reynolds (R. J.) Tobacco, com, (year-end) —
10c
Class B (year-end)
1:
$1.75
Rice-Stix Dry Goods Co., 7ft 1st pfd. (quar.)
2
$1.25
2
(special)
Reynolds Metals Co., common—
12-15
1-
1-
(s-a)s.——
(quar.)—
preferred
7ft
1
$1.50
(quar.)
Reymer & Brothers, common-(irregular)
2nd
12-21
12-31
Quarterly:
.
preferred
T/o
3-
50c
.
———^:
6%
12-31
Edison—
elass C
6ft—preterFed C
—
Republic Aviation Corp.
Republic Steel Corp.—
12-15
$1.75
Spragne Warner-Kenny, preferred
Sprrngfield-City Water Co.—
.
RR.
Inc._-
Motors,
Reo
12-28
20c
$5 preferred
12-30
,
Rieke Metal Products
20c
(quar.)—.
1-25
3-15
—
,
Ritter Co. Inc., common
<%ccum.)
Philadelphia Dairy Products Co.,
$1.50
37V2c
;;20c i
.
5C
12-11
■
Philadelphia
12-30
Co./;—
12-U
Corp.—
A
(quar.)—
class
12-12
1-20
•
12-16
Mines Ltd.
partic.
12-27
87 V2C
preferred (quar.) —
75c
Reliance Manufacturing Co., com. (year-end)
$1.75
7%
preferred (quar.)—
—
30c
Remington Rand, Inc., common—^—
$4.50 preferred (quar.)
:
—: $1.12 V2
Renner
2
Electric Co.—
&
(quar.)_
Sovrthwtnrterri
;
50c
Perron
5c
Corp., 7%
2
'
•
1-25
12-12
common (quar.)_
(quar.)—.—_
A
1
2-26
12-27
Drug Co.,
Class
Reed-Prentice
2-
2-28
.$1.50
—
Machine
Folding
Reece
2
25C
12-11
prior
1-
10c
12-15
1-2
T
Hosiery Mills,
Silk
1-
1- 2
12-
i-^o
Inc.—
/
preferred, class A
Realty Mortgage Co.
(Birmingham), pfd.__
Reece Button Hole Machine
(year-end)
Real
1-
62 %c
iquar.)—,—
England Telephone Co. (quar.)
South Pittsburgh Water Co., 4 Va ft pfd. (quar.)
South-PfirtHo Rico Sugar Co., com. (irreg.) —
8ft**i*re-ferred (quar.)
Southwest Natural Gas, $6 pfd. A (accum.)
Soutfeweftfeern Associated Telephone Co.—
y
$6 preferred (quar.)/.
Southwestern Gas & Elec., 5ft pfd. (quar.)
8
1-^2
y;V 25c
^—
of Canada
Co.
12-15
12V2C
6ft—p»rtv/preferred
8
20c
(quar.)
Estate Loan
2
.
(quar.)—
Southern- Canada Power Co., Ltd.—
12-20
12-
2
87 Vac
(quar.)__
(accum.)
1-
$1.25
:—»
preferred
preferred
12-3Q
$1.50
Railway Equipment & Realty Co. Ltd.—
6%
California
SVrft—preferred
12-22
1-15
5c
12-11
I"
------——-——...
Southern
12-20
2
$1.25
'
—
common..
70c
40c
"■■■(
1-
$1.75
12-11
12-28
$1.50
,
,
(quar.)
7ft-~pv«.fe»:red
11-29
common
(quar.)___
Employees Corp., common
$1.25
(quar.)
Pennsylvania Forge Corp*
—
Pennsylvania Glass Sand Corp., common..—
5ft preferred
(quar.)
—
Pennsylvania Power Co., $5 pfd. (quar.) —
Pennsylvania Power & Light Co.— 'fty./;.. y/.
$5 preferred (quar.)————/
$6 preferred
(quar.)
$7 preferred (quar.)
Pennsylvania Sugar Co., 5% pfd. (quar.) —
'Pennsylvania Telephone, $2.50 pfd. (quar.).
Pennsylvania Water & Power Co.—
^Common (quar.)
Z ,;$5 preferred
(quar.)___——
'. Peoples Drug Stores, Inc.
(irregular)———Peoples Gas Light & Coke Co .(quar.)
Peoria Water Works, 7ft preferred (quar.) —
Perfection Stove Co. (quar.)
—
preferred
•
'
(quar.)
Richmond Water Works Corp.,
for Insurances on Lives &
Granting Annuities (Philadelphia); (quar.):
Pennsylvania Edison Co., $5 pfd. (quar.) —
Pennsylvania Co.
$2.80
12-29
12-20
Sulphur Co.—
&
Southern Berkshire Power
12-15
1-15
50c
'
(quarJ—
A
9
$3
Peninsular
$1.40
12-
8
50c
Casually Co., 6% preferred (s-a)
Telephone, common uiuar.;——
Peerless
Class
12-20
1-15
12-15
11-29
Co.
Power
Railroad
T/o
(quar.)—'
preferred
6ft
Co.,
Quebec
Acid
Southern
12-15
2
12-20
2
12-28
$1
preferred
..
(year-end)
$3.50 conv. 1st preferred (quar.)__.
Quaker Oats Co., G'/e preferred (quar.)——
8
$$1.25
ft
1- 2
1-
50C
2
1-
50c
(quar.).--.—.-.™————
(quar.)
Sou,t]»^i^.;n-r Greyhound Lines, Inc. (initial)
12-15
1- 2
12-29
Rayonier, Inc., $2 preferred (quar.)-,.—
Reading Gas Co. (Pa.), common (s-a)__
2
,ft
58V3c
5r/c: convertible pfd, (quar.)___
preferred
Corp. of America,
12-20
5
1-
(quar.)..
Corp.,
Tel
&
GfM
2
"5JST-
$5 preferred
Pacific Public Service Co.;'(quar.)—
Pacific
Oil Co.,
Pure
Radio
Rapid Electrotype Co, (quar.)
37V2C
41%c
(quar.)_„_^_-__^__._«,
(year-end
Products
12-15
50c
(quar.)_
Co.
prior preference
1-
$1,50
South«'rn-New
12-15
10c
Pacific
$5
Purcolator
12-31
Southi-Garolina Power Co., $6 1st pfd.
V:
,
12-12
1-
12-20
(quar,)^^„_^r„_
preferred
original
12-15
1-
2
Puget Sound Power & Light—
1- 2
$15c
1-
Common
12-30
$1.37.V2
convertible preferred (quar.)
prior preferred (quar.)y_s-,--y.-Pacific & Atlantic Telegraph (s-a)„——
Pacific Can Co.
(quar.)——
5% ft
Electric
I'i'c
Soufth-Gai'olina Electric & Gas Co.—
;y$1.75
.(quar.)_j„__-._^_>__„___
1-20
7V2C
12-16
5ft--oiHl»n. preferred
12-29
$50c
$5.50
&
preferred
Publications Corp.—
1-15
f$1.50
EX:tea
1
5ft
12-29
2-15
$1.50
class B (accum.)
preferred class A (accum,)-——
Soss,Man.ufacturing Co. (year-end)^_____—
.
12-12
2-15
(quar.)_
6ft
12-18
12-30
preferred
12-12
12-26
25c
Sorg-kap^Co.,. 4.6 ft
ft,
12-13
12-30
25c
$6
,
12-12
12-27
ft.
$1.25
$2
50
1-15
5
Co.—',.
1-15
—
5
1-
1-
(quar.)
12-12
Pacific-American Investors Inc.—
Gas
$5 preferred
1-31
Co.I———i——
7
1-
Colorado—
25c
preferred
Pacific
Co, of
$1.50
(quar.)
12-
37Vac
preferred
12-29
1-
9
'
V
10c
$$1.25
1-
1-15
2
12-26
5c
(stock dividend)-—
conv.
preferred for
.
30c
(N. Y.)
Co.
$1.20
i
Heat
Light
Bank &. Trust
Public Service Electric & Gas
12-15
$1.25
$1.50
$1.75
;'
■V • ,;.s
(monthly)
6 %
preferred
(monthly)
1r/o
preferred
(monthly)—.«»■■■.
Public, Service Corp. of New Jersey-—
/ Vv .•
6%
preferred
(monthly)
$1.25
■
t5c
1-
1-10
30c
01 Rec.
5c
-
12-la
2
1-
Co.
5Vaft
of
share
One
12-22*
1-15
/
—
■ft^cR;.,five shares of common held—,—
Sinclair Oil Corp.
(increased)
——
SmitR,-iHqward) Paper Mills Ltd.—
6'^preferred iquar.)__——.-.ft—.-.,
Smith-JuJ.' Hunger!ord), common (quar.)—__
6ft
preferred (quar.)-._™._-_____^_„_^
& Corona Typewriter, common
11-30
1
'ft.'
I".
.
Simplicity .Pattern
25c
■
■
Service
5%
$1.37 V2
& Power, *com. (quar.)_
(quar.)—i
—D
Otter Tail Power Co., $4% preferred (quar.)
Ottawa
'Quarterly
Public
1-
$$1.25
1-
$2.50
12-20
—
'Ontario .Manufacturing
4
$2,50
Worcester
12-16
9
(Boston, Mass.)—
(quar.)
12-
15c
2
12-
1%
Debenture
-/■ 1- 2
(year-end)
1-
(quar.)— — '
(quar.)
&
Loan
Ontario
Co.
1-2
common—
preferred
8ft
Gas
1-5-45
25c
7 V2C
Inc., common_.r—
preferred
(quar.)
6ft
Providence
$1.50
$1.25
conv,vpfd. (initial) yy_
4%.ft
Corp.,
Omar,
4
$2
preferred (quar.)__w
pfd. (s-a>
Proprietary Mines Ltd.
(interim)-^—
Prosperity Co., class
$1.75
Quarterly
Oliver
4
12-
Gamble, 8%
Propper-McCallum Hosiery, 5%
Providence
12-14
2
$5
Co.
Old Colony Insurance
12-
2
t$1.37 V2
Puget Sound Pulp & Timber Co., common
6 'Jo
conertible. preferred (quar.
1-
—
preferred
Omnibus
12-30:
1-25
75c
f 8%C
$2
pfd. (quar.) —
(quar.J-,-/————
6%' preferred
(quar.)_—.—
7ft preferred
(quar.):
—
Ohio Cities Water Corp., $6 pfd. (accum.) —
Ohio Edison Co., 4.40ft pfd. (initial quar.) —
Ohio Service Holding Corp., 5% pfd. (quar.)
Ohio Water Service Co.,; class A___——
5% ft
m.so
(quar.)
Ogilvie Flour Mills common
Ohio Public Service Co., 5ft
2
1-
25c
50c
$5 preferred
Corp.
12-15
1'
8
$1.50
(quar.).——_
Light & Power Co. Ltd. (quar.)
Nu-Enamel
12-
5
/ft
,
(quar.)
Corp.
Lighting,
2-
12-27
65c
(quar.)__*.-——
Novadel-Agene
12-30!
1-15
3-12
87'/2c
(s-a)—,—pfd. (quar.)
Worcester RR. Co.—
preferred
8ft
1-15
G2VzC
(quar.)
& Co., Ltd.—
preferred, (quar.)
Procter &
12-20
1-1
:
preferred
Extra
25c
tic
^
^
Publishing—
Simplex.Paper
6
Brothers
5 Va %
12-30
$?
7ft
Tire & Rubber Co.,
ft
Price
•
Northwestern
Norwalk
2nd
12-r 8
60c
(irregular) _//_____
Gas
5 (h
12-20
75c
.'(.year-end) —.if./;
Northern Ontario Power, 6ft pfd. (quar.) —
North & Judd Mfg. Co. tyear-end)
North Star Oil Ltd., 7,ft
preferred (accum.)
Northrop Aircraft, common (irregular) j.——
Northwestern Electric, 6ft pfd. (quar.)——
Northern
8
1-2
Co.' (.s-a)
Gas
1st preferred
12-30
,75c
tquar.t___
Ry.
Liberties
Northern
5%
75c
'
Northern Central
12-30
Payable
Share
"ame 01 Company
(special)
ift-i————
Corp.__„„
Common
12-30
12-
1-20
6V*c
^
Ltd
Inc., common
(quar.)-^„_.
Co.,
1
75c
———u—
—
prior preferred
6%
Car
1212-
2
1-
717/sC
preferred (quar.)—
———
preferred (quar.) ———
American Rayon Corp., class A
5%%
6 %
11-20
12-27
'
Steel
Pressed
1-2—
'i-Sy;!"
Simmons-Boardman
15c
(quar.)
Gold Mining Co.,
Premier
sh. of Pacific Gas &
each 100 shs. held
one
common
(subject to
Stock
Employees
Co., common—
dividend:
:.
6
$1.50
12-20
Elec.
12-
12-27
$1.50
(quar.)__
12-20
1st
Stock
of Rec.
Haiders
When
per
Holders
Payable
Share
of Company
15c
1st
North American
,
Name
Plymouth' Cordage
$6
•
'''
.1
'
$6
•'
ft
■
0/ Rec.
When
Per
Roiaert
When
Per
'•
Monday, December 25, 1944
FINANCIAL CHRONICLE
THE COMMERCIAL &
2794
12- 7
2
tlOc
.
,
.1-15
12-30
$1
12-27
12-3,5
t30c
12-29
12-.9
stork,
Corporations, Ltd, cl. B
(year end)
,
Volume
Number 4345
160
Per
When
" " '
;
United Fuel
.'6%
Co.4«_-._*.-_,.:i
A
United Gas
preferred
Corp., $7 pfd
prior preferred (monthly)
prior preferred (monthly)
Merchants
&
•■■■■'■
,
Co.,
loans outstanding
12-28
12-16
and
12-28
12-16
50c
2-1-45
4-2-45
Less 30%' Jamaica income
x
3-16
-
-
2
agreed to purchase
are
as
Smith, Barney & Co,______
6,650
Laurence M. Marks Sc Co._
1-
2
12-
4
McDonald & Co._„__
6,650
Merrill, Turben & Co—,—
1,200
1-15
12-
4
Shields & Co.____
5,300
Maynard H. Murch & Co._
1-
12-
2
Clark, Dodge & Co
1,300
Otis
1,200
1,200
1,300
Reynolds & Co,
1,300
1,300
Riter
Tucker, Anthony & Co,_
1,200
W. E. Hutton & Co._
1,300
G. H. Walker &
1,200
Kidder, Peabody & Co.Merrill Lynch, Pierce, Fen-
1,300
Ball, Burge & Kraus___.
3-20
$1.37%
2
Hemphill, Noyes & Co
;
-
/
Hornblower & Weeks-____-
^
•
Canadian non-residents' tax.
J
2.^—12-14
1-
has
15c
deductible at the source.
Non¬
resident tax, 15%; resident tax, 7%.'
a Less British income tax.
1
6-16
1-
which each
Shares
tax.
tPayable in U. S. funds/less 15%
$ Payable in Canadian funds, tax
12-16
7-2-45
'■
50c
common
shares
15c
&
•^Transfer books not closed for this dividend.
1-2—45.
number of
Eastman, Dillon <fc Co.—_
'**<12-15
4-2-45%
stock,
common
1-20
50c
the
of
follows:
—,
the
1944, the aggregate
As of Nov. 30,
under the bank credit agreement were $7,200,000.
Underwriters—The names of the underwriters
12-16
30c
Towne Mfg., common (quar.)
Corrugating/ common,j__:
_______
Youngstown Sheet & Tube, 5%% pfd. (quar.)
.
s5% preferred (quar.)_________
______
_
". V $1.25
5% preferred (quar.)__
$1.25
____—xJ.
u*,xL\-:
<8% preferred (quar.)._^™_^__-w«^^_„w
$1.25*
United Milk Products
Holders
1-2-45^,12-15
1-2-45
previously outstanding thereunder,
of Rec.
.
12-28
$1.75
York
'
-
When
Common. 4-.—--—*Yale
1-2-45-^15
53c
_________
Manufacturers-—
Payable
5oc
,
'
-
•
58V30
:>
preferred (quar.)^,—
Wrigley (Win,), Jr., Co., common
"T2- 7
12-27
(quar.)
common
i
Year-end
12-30^a?-15
-1
50c
6.36%
United
JSC
50c
;
Lothrop,
'
;
Equities (Canada) ' (year-end).,
Illuminating Co._
:
&
; .-"7%
"12-11
12-29
$5.17
____
2
-"1-
Share
Name of Company
■
Woodward
"
:
t75c
_______
United Light & Railways Co. (Del,)—
r7% prior preferred (monthly)
'6%
•;
Reo,
12-21
■')
(quar.)
Gold
United
*
1-15
$1
Investments—
class
United
payable* 1 of
Share
Name of Company
Fruit
Per
<w:fioldert
*
United
2795
THE COMMERCIAL & FINANCIAL CHRONICLE
3s
&
ner
Co._
&
&;
1,200
—
Co
George D.
Beane—________
1,200
—1,200
Co._____^_
700
B. Bonbright &
Co.
1,300
700
"
$3
participating
United
Pacific
.___L/
(quar.)
Insurance
75c
(irregular)
preferred
United N. J. RR, & .Canal
(quar.)_
$2.50
12-29
$2
United
Shoe
■.6%
U.
Machinery, common
•/
.''c,'';-
Casualty Co.—
.%
12-19
-
class
;4%
:
non-cum.
non-cum.
••
iA
„
'4%
50c
3-15-45
class
50c
6-15-45 '-':* 5-10
class■
4%- non-cum.'
| | General Corporation and
llllll: Investment- Hew$v%;v|:|||
1-: 5 -:; 12-19
1-5
50c
9-15-45'
.
,._2-10
(Continued from page 2760)
^$"-10
'
Class B
7%
Ut
25c
1-
3:^12-15»
25c
1-3
(quar.)
•1-2^2-20
$1.75
50C
preferred
(accum.)
$1.75
1- .2
U, S. Lines Co,,
U.
S.
Lumber
U, S. Playing
United
prior pref.
(liquidating)
7%
Co.
12-26
12-18
Card
(quar.)
Plywood Corp. com.
preferred (quar.)
4%%
preferred
United
States
*
_
States
:4% %
I
U; S.
Printing
conv. preferred
A—
Sugar, $5 preferred (quar.)—
$5 preferred (quar. )__
..<■..mi,***
5%
U.
■
~
iiy.
n»
tMm ++ fn)
■'«<
'70c
Stockyards Corp.—
l-
$10
Leaf
(year-end)-,:
Co., com. (quar,)
Tobacco
%,/'
12-28
■
18%
,
preferred
(quar.)
: 2%
■■■
^
Universal
Winding
Upper Canada Mines Ltd. (interim)
Upson Co., 7% preferred (quar.)
Utah-Idaho
Sugar,
Utah
Products*,
Radio
60c class
A
$2
pfd.
common—
Viau
Ltd., 5%
Vlchek
Tool
preferred
Co.,
Victor
Works
12-30*
v
(quar.)—i—--.—l/_;
Chemical
•
35c
;
preferred
(quar.)
-
.6%
preferred
(quar,)—
6%
preferred
< ouar.)
Vulcan Corp.,
37V2C 537V2C
_______
Vulcan Det'nning Co.,;
'
11%
7%
preferred
Wabasso
(quar.)—
Cotton
Co., Ltd.
—
$1.75
$$1 I. V 1- 2
/
$1.-75
C'7''-*-75C
•'
;
Wayne Knitting Mills, 6%
preferred
Kootenay
(s-a)——i//JTi.
Co/,' Ltd,,—/
...
.
.
pfd.
V"; 1-" 2":.;.42-15
'•*
'
West
Virginia
'
f
(q(iHr.) ^^-—'-—___..__—.i
$6 ' preferred
w
Western
as
near
not
1-2"
$1.50
Department Stores (initial) i—
the
preference
stock
of
this
corporation
160, p.
2584.)
Hickey,
President,
in
letter to
a
the,-holders
the
of
$3
preference stock
follows:
as
the
on
facts
and
supported
as
circumstances
by
forth
set
the .additional
data
in
the
application
it is held by
proposed distribution of shares of common stock
Philadelphia Electric Co. and cash in exchange for and redemption
office
been
that
filed,
the
declared)
will result in no recognizable gain or loss to
your cor¬
if any, to the shareholders will be limited to the
cash received in the
exchange.
(Section 371 (e) (1) of the
Revenue Code.)
The provisions of Section 371 (e) (2) will
poration.
amount
The gain,
of
-III
I.V;-/|
shares
of
taxed
the
as
On
of
Philadelphia Electric Co., will not be
U.
Circuit
S.
of
review
.
.
1,100
Court
of
Appeals for
who claims to be the
The
the
of
owner
United
Corp., filed -in the
Circuit, a petition for
Second
the
orders of ihe SEC dated Nov.
24, 1944. and Nov.: 29,
approving the plan for exchange.
A motion of the petitioner
stay of the Commission's orders and of the
plan for exchange,
pending a hearing and determination of the
petition for review by
the court., was made and
argued before the court on Dec. Hi ^ 1944.
counsel lor tlie
corporation opposed the granting of the petitioner's
1944,
for
a
motion.
,The question Is
pending for the court's decision.
Meanwhile,
corporation's exchange agent Is permitted to receive tenders of the
the
preference
plan,.
r
stock
The
its
1
of
the
Taxes—
has
/, ;./
received
/
notification
on the basis of evidence
the Commission to
date, it is forced to conclude United
doing business in the State of New York from the date of
incorporation
in
until
1929
incurred
at least October,
1935, and that the*
for the payment of annual franchise*
1929 to Nov* 1, 1934, inch, in the aggre¬
liability
gate, amount of $3,278,717
of doing
conditions
■
to
was
,
and
terms
/.,
on Dec;. 16
announced It
Y,. State Tax Commission-that,
N.
corporation
and
initial
an
business in New York in the
^he corporation said it would
,
the
corporation
taxes for the tax years Nov.
1,
has
with
■
■
the
Corp.
%holly owned,/are Thompson A)rcraft Products Co., Toledo Steel
and Thompson-Products Ltd.
Thompson Products,. Ltd.;
two: wholly
owned subsidiaries—Toledo Steel Products (Canada)
Ltd. and Topco Ltd.• V-..;:
v'i Business, is the*manufacture ana sale of a wide range of engine
and other parts for automobiles, trucks, tractors and motorized mili¬
tary equipment; parts and accessories for aircraft and aircraft engines; parts for marine and industrial engines;* and, at present, certain
accordance
To Contest Claim .for Franchise
,.
all
in
•'
from
-Products Co..
12-15
stock
common
dividend.
a
Dec.
submitted
.
.
4, 1944. Randolph Phillips,
shares of the common stock of
'
I*
* //-./ •
.
applicability in the matter."
tne
above
quoted
ruling of the Deputy Commissioner of
Revenue/ the $6 cash per share of preference stock received in
the exchange, and
any cash which may be received in lieu of fractional
The issue has been
share.
no
Under
Internal
Business—Company was incorporated (under name of
Col): in^ Ohio, June 17, 1916.
Company's subsidiaries,
Products
Steel
l^-24ft2-20
25c
of
shares of United Corp.
outstanding $3 cumulative preferred-stock
(having accumulated dividends thereon, which dividends will not have
always
..-•;*••
stock at $47.50 per
and
History
'}■'
1--8—. 12-15
/V/;/
M.
ruling
a
—
12-27 ' .-*44-27-
v:;-: b%
&..Paper——-L——/ ,p.';20c
Pulp
exchange
Dec,
this
alphabetical
alphabetical
Outstdg.
Notes/payable to banks,-. 1945-1950-—
—_
$2,700,000 $2,700,000
5'% -cum. pid. stock (par $100>__
45,000 ghs. 45,000 shs.
Common stock (no par)_»l—500,000 shs. 359,737 shs.
12-27/???ll-27
,25c
•
Virginia .Water. Service—
is
exact
i€anitaliaation, Giving Effect to Present Financing
; ■'; 1
Authorized
^
*
West
always
are
possible.
V/'v/;Z
Zv
■
12-26'<*12-ll"v\
•
,
V '«
p. ^191.
Ruling Re Exchange of Securities—
"Based
for
,
12-30;., 12-18
$1.50
(quar.).-.."-
Coal Si Coke__„
dividend
Stock
as
in
.
42-15
V
$$1.75'.
flew 40,384,700 revenue passenger miles in November
over
the same month last year, according to
29%
at 3 p.m. on Dec. 19 the end of the first
15-day
accordance with its terms the plan for'exchange was
shareholders,
55,000 war¬
// pDrpose—All of the net /proceeds will be added to the company's
funds available for general corporate purposes.
; >.
'y/*;-,::;
/
-
12-2ft.#42-15't
:4- 2
$1.50
Power '& .Light
Utilities. Co., $6
472,694.
■
.
;
l-'IPT 12-23
;
,
'
Texas
West Virginia
-
'21- 12- 1
1-
25c
:1%\ preferred I'(quar.,
West
12-18
,
on Dec. 43,
said, in part."
11, 1944. the corporation, received a ruling, dated Dec. 9,
1944. of_the U. S. Deputy Commissioner of Internal
Revenue, as to the
taxability of the proceeds of the exchange in the hands of accepting
On
Dec. 31, 1943, net profit transferred
tq surplus, amounted, to $2,3044 48. compared with $2,051,417 in the
previous year; : For the eight months ended Aug. 31, 1944, net prolit
transferred to /surplus: wa§ $1,474,869.
Consolidated balance sheet of
the company and subsidiaries as of Aug. 31, 1944, shows total current
.assets of $21,479,198; compared with total current liabilities of $9,-.
-;4-'.'^'i;,./rl2-14;,;,
-
,
.
Traffic^Manager in New York.—V. 160,
in
cumulative
Earnings—For the year ended
$1.50 ""'4-' 2-s£>42-12
(s-a)__
.
West Jersey As Seashore RR.
However, they
it
reasons
companies
arrange
oversubscribed.
**
4-10
Z-:':"4-.4%;' 12-30
$3.50
50c
Wayne: Pump Co,_________
-i'
Wellington Fundi In.c. (year-end)—-—C'lCL ■v'""" 57c*
Wesson Oil &, Snpwdrift ,Co,k Jnc,—i:•
25c-
West
common
;42-26
.12-28
$1.75
r
of
(See V.
Tax
Inc.—Common Stock Offered—
An unaerwriting group headed by Smith, Barney & Co.
and McDonald & Co. on Dec. 19 offered 60,000 shares of
*
.
pfd:,:(accimi>-^CiJ-—;
closed.
Thompson Products,
.
Ware River RR., gtd.\ (s-a)
Waukesha Motor Co." (quar.)——i—
■-*
Lines, Inc.—More Miles Flown—
for
and
Internal
^4^84^42-14.%;
f ■'■.
plan
period
;
"
(quar,).—Jij:
(quar.)'*/
Exchange has authorized the listing of 60.000
stock (no par), on official notice of issu¬
the total amount applied for
common
an
_
Thigpen,
have
4-20-45.-7**r.4-10
.."
_
oversubscribed
was
/
W»ialua, Agricultural /Co, (year-endi.Xt-.i-' ;
80c ;i42-28 :«*12--16
Walker & Co„' $2.50 clas'ii A (quar,)l-.^i£ii*d/ "'•/ '62 Vac'
4» 2:
Jt2r20
Walworth Co„ 6%. preferred
12-30: ;,oarll
(s-a),.-..——L" V, V 30c
$7
to
position
3-10
l-20-*4S-
700
United Corp.—Plan for Exchange Oversubscribed—
!
mechanical
NOTE—For
order.
42-36-4/12^15
$1.75
—
"Wagner Baking Corp., 7% preferred
7: t$3 2nd-. preferred (quar.)
Wfard Baking Co.,
:
Co
of
6
•:
/.;Y;.;*.
increase
W. R.
1944—11 Mos.—1943
13 placed privately
to
The corporation
—an
Corp.—Secondary
v
1781:
p.
possible
12-16
3-20-45
3
160,
'
!
7
$1.50
common____i_____i;.*_
preferred ;(quar,-J-
•
York Stock
United Air
of
.l-45'^":4-l6^;
1-45
8-
$3.75
f accum.)__
New
pursuant
351.
P*
a
-
2-1-45-^1-15
37%C
________
$3 prior preferred
/V
$1,850,785 $19,986,861 $19,406,722
Wiesenberger & Co. on Dec,
rants.—'V.
/
;
_______________
1944—Month—1943
700
Co., Inc.—
Truscon Steel Co.—Credit from Government—
..
Arthur
;;, 12-20 v4
12-27
'
6%
.
$1,886,301
1,200
&
700
Overassessments of income and excess profits taxes totaling $312,085
have been credited by the Bureau of Internal Revenue to the
company
for the years 1939 and
1941, the Associated Press reported.—V. 157,
12-30„;i2-20
$1.75
(year-end).
Virginian Railway Co..—..
••
_
2-20
2-:
15c
.
Yarnall At
160, p. 2654.
2-15
$$1.25
(year-end)——
1,200
Co._
on
442*22
1
3-
12-28^12-
,
700
William
1-20-45
.12-29,
/
25c
tlOc
effective
and merchandising, of
plants.;—V. 460,
N. H.,
and Suncook,
Mass.,
Offering—Arthur
Wiesenberger & Co. recently announced the private
placement at $4.50 per share of 8,500 shares of common
stock (par $1).'
' \
S/
12-.15
,
1-2-45 .x-42.r23
$1.75
i
V.
(quar.)
common
preferred
;7%
;
L;
1st pfd. (quar.)
;
(interim)l__4__———'Jxx
2
1-30-45
62V2C
Co., 7%
Ltd.
7
Tri-Continental
12-3.1.^42-22:/
10c
3
Knitting Co., 5% prior preferred (quar.)
Vanadium Corp. of America (irfegular)
Van Raalte
1-
Stroud
Corp.
Ohio
700
offering, making
363,947 shares.—V. 160, p. 2654.
-12-12
"
1-15 -,»J.2-30
j-
15c
i"
(quar.)
••
$1.75
■v;
700
1,200
The
Manufacturing Co., Elmira, N. Y.—Obtains
■.
—V.
3-15",iy2-24
*2%c
_
Utica
Ventures,
,
.
Chas. W. Scranton & Co.—
The
2-4-;., 11-17
1--2^"«:12-18
$1
Piper, Jaffray & Hopwood
*"12- 7
12-21
50c
■
1,200
1,200
additional shares of
'
•'
Vice-President,
charge- of manufacturing
Period End. Nov. 30—*
__
The
Co
Listing of Common Stock-
Thermoid Co. (& Subs.)—November Sales Up 1.9%—
-"12-- 7
12-21 '
700
1,200
5-2f
:12-11,
Sales
20c
'
Newbold's Son & Co.
to
&
,yl2-lv';:
15c
Universal
3-^.
2
17 VaC
preferred (quar.)
Utilities, Inc. (s-a)
Universal-Cyclops Steel
2-26
1"
700
W. H.
Cleveland
Milwaukee
Co., Inc.
The
Hawley, Shepard & Co.____
Hayden, Miller & Co._^____
Janney & Co
The
/:V;-*/Vv4.
;
conv.
United
6-11-45
40c
$15,
have
elected
been
&
Moore, Leonard Se Lynch—
First
financing was arranged through Clark,
Co., New York. Proceeds will be used in
plant improvement in connection with company's mod¬
ernization program.—V. 160, p. 2654.
2
:
"•
York.
2
7-16-45 rz: 7-
-i;
will
has
of the Lowell,
Dodge
i- 2
4 -16 -45,i;;.; «.,4»
_____
brings
delivery,
Emerson
1,300
$2,000,000 15year loan from the Mutual Life Insurance Co. of New
l^£Vi2-15
i-i5-45r;t
40c 3-12-45
v; :.
1945
$2,000,000 Loan—Company has obtained
'i 1% 2
$1.25
iw>'
(quar.)_.
preferred A (quar.)_._.
.6.4% preferred A (quar.)
U. S. Trust Co. (N. Y.) (quar.)_____
Woodard
Thatcher
-
2,,' 12-20
$1.25
ill ■
preferred
6.4%
United
1-
$1.25
_w
He
1,
2336.'
p.
2""' 12-20
12-26
62 %o
S.
$5
,
U
50c
(irregular)
& Lithograph Co.—
■.|
,-vl^lO
1-20
$1.18%
Co.
K.
production
Vvl-' 2,y:;12-16
.
30c
$1.12%
-
(quar.)
Potash
50c
:
,
■:
(quar.)__
Jan.
12-11
1-10
$5
_
for
Textron Inc.—New Vice-President—
Donald
1-. •2";;***12t>22
35c
(s-a)
order,
700
L.
1,300
ance
12-15
r*-:':- $20
__________________
This
700
700
1,200
:
Fahey, Clark & Co
Field, Richards & Co.____
12-30" 12-15
.
U. S. & International Securities—
.$5
$2,000,000.
Co._
Curtiss, House & Co
about
410,000 tons the weight involved in rail orders placed with Tennessee
Coal, Iron & RR. Co. recently.—V. 159, p. 115,.,
12-26 w»12-18
$1.50
•
mately
4,300
White, Weld & Go.-l'-LL—Z,
&
Dean Witter & Co.____„___
The company announces
that it has received an order from the
Atlantic Coast Line RR. for 60,000 tons of rails valued at approxi¬
12-15*
l-:i»%M.12-15*'
$1.75
•
Co., common
preferred (quar.)
1%
2 •'
__
(quar.)
& Foreign Securities, $6 pfd (quar.)__
Gauge Co., 7% pfd. (s-a)___„______v'
S.
1-
(irreg.)___
clrreg.)—
Ui S. Gypsum
11-13
$1.75
V
preferred
S.
U*.
(quar.)_™___/__:L_,l_;:.
Co,_V~--
Clark
W.
H.
1,300
Spencer Trask
Tennessee Coal, Iron & RR. Co.—-Contract—
.
'
■11%' prior' preferred
U. S. Foil Co., class A
E.
J, M. Dain Si Co.___
Webber, Jackson &
Curtis
12-19'
v
62 Vic
37Vac'
(quar.)—
preferred
S.
Paine,
12-20
12-29?-,12-19
$1.50
•
12-24
-
1-10-45/
license
amount
contest
of
for
fee
the*, privilege
$118,661.
,
the alleged liability
franchise taxes and initial license fee.—V.
160,
p.
for
such
2584,
■
Western
Electric
Co.,
Inc.y.'^_^^,z—
■
50c
r
Western
■
Grocers, Ltd., common (quar.)—
preferred ' (quar.) —i__:_
Western Insurance Securities—
'A?.;.
•■'6%
preferred /
■
(accum.')2—
Western
Massachusetts
Western
New
5%
York &
preferred
"*e
(ouar.Vir22Ll.2r
Cos..
40c
Pennsylvania Ry,' Co.,
$1.25
(s-a)L.
Western
Pipe & Steel Co.
Western
Tablet <fe Stationery
of California^—_
;
; 75c
■
principal
The
:
United Drill & Tool Corp.—New Treasurer—
-
Y
items; ;
ordnance
**;:
manufactured include intake and exhaust
valves
of
various' types,
fuel pumps, fuel booster pumps,; tie rods,
*'v'"''
drag links, valve seat inserts, valve retainer locks, pistons, piston pins,
1-—l*.w*'* 12-20
water
pumps,
cylinder sleeves and hardened and ground precision
/ 12-261»!n2-15 ;
parts.
Many of the company's products require the processing of high
alloy
steels involving special forging
and heat treating processes,
1-2
12-30
precision grinding and exacting inspection.
:.* "
;
The major portion, in dollar volume of sales,. of the products manu¬
l-'2'*442-20 V.'w factured by the company is of moving parts subject to wear which
are
sold .for use in original equipment and for replacement use.
A
1-"44/12-20v.
number of parts are manufactured for replacement use only,
Parts
4-' 2
3.-22
sold for replacement: use in the automotive field are supplied to more
/ 1- 2,^1245
■
than 3,000 wholesale outlets for servicing a large number of makes
•:
1- 2,«.42--ll
vand types of automobiles, trucks and tractors.
Such distribution is
•; 4-w8U^jl2*i 5
effected
from
principal warehouses maintained in
Cleveland
and
12-30^2-16 ?
Toledo, Ohio, and from warehouse facilities in 26 other cities in the
2-15-4rl-17
$5.50
•
-43-22 ; c
12-15
*
1-15^45-15
$$i.75
V
•
-*>' 1-15
$75c
V'";'
'
7%
12-20
*:
"
products
Herbert
,
Mr.
i_'
50c
$1.25
(quar.)iii-i.JL2—-i—1
'
.5% preferred (qnar,)2l_i2'_i22_ir__i_i_ji
$1.25
"
Westmoreland,
Inc.;
Westmoreland
/•
Water
Electric
Penn
6%
preferred
,7%
United
The
class A
Co.,
Penr,
—2_
$1.50
$1.75
(quar.)
$4.25
$1.12%
—
Westvaco Chlorine
preferred
Whitaker
;
Products Corp.—
(quar.,)
1-15;
.
converitble
$2
prior preference
"Whitman
Wichita
Water
Wiebo'.dt
$5
Will
1- ;2_
12-27
$1
Co.,
Stores,
Wilson
Baumer
<fc
Co.,
preferred
1.
7%
preferred
6%
inc.,
pfd.
(quar.)
1-15'
1-
1"" 12-22
1-
1 /
$2
1-
2'" "12-20
$1.50 ".
preferred-——-i
12-22
' 1-15
2-
12-30.. " 14-15
$$2.50
1-
$25c
—
—
75 c
2;
;
Wisconsin Electric Power Co.—^*
6%
oreferred
Oil
(1897
series)
(quar.)
Woodley
Woods
Petroleum
25c
—
—
Co
Manufacturing.
,
(ouar.T___.—
Ltd.
1
$1.12%
6%
7%
preferred
preferred
Wright-Hargreaves
i—_iJ.
2—"
—^
Mines
12-3
$1.12%
12-14
tA"':'41-30
3-
3-20-45
7
3-15-48 * "-' 3- 5
3-15-45"°'" 3- 5
$1.50
;
"
12-28"V
'
-
(reduced)———-
37J/2C
,.2~5 12-12
12-30^42-15
20c
Worth<ngton Pumo & Machinery, common..
4%% prior preferred (quar.)—..—i—
4Vz% conv. prior preferred (quar.)—_—2
-
12-28
$50c
•
(vear-end)_—.
12- 1;
wv;T-15
2"" 12-12
1-
10c
(quar.
Woroester Transit Associates
the major
$1.75
portio^j of the products of the
1-2
—11-24
manufactured
.
/
not
ordnance
items, these new
products
those
previously manufactured.
'Thompson Aircraft Products Co.
as
1936, has been elected
continue in his capacity
'■..;
the
with
-
since
company
/• /■'/*■, ;
*
1928.—»
'. <,
*
Co.—All-Refrigerated Ship Launched—•
Jose."
United
the
,
States
third
six
of
Mail Line,
a
all-refrigerated ships being
subsidiary, was christened on
1944. at the yards of the Gulf Shipbuilding Corp., Mobile. Ala,
"San Jose" was named for one of the original ships of the
The
Fruit
tanker
during
subsidiary
of
are
.
:
_
the
loans
capital for this subsidiary was initially supplied through
Reconstruction Finance Corp.
On July 1, 1942,
from
Co.
that
lost
was
blackout
a
in
North
a
in the
run
Atlantic
collision
with
a
early days of the present war.—
entered
into
a
bank
credit
agreement
An
$10
Jan.
with
The
to
amended
RFC.
in. some
On
used
July
in
22,
part
to ^jcqtire
1944,. the* bank
the entire indebtedness
credit
160.
p.
cents
15
stock,
per
2446./
/;
"
share has been declared on the
Jan.
payable
31
holders
to
of
record
4
/.
agreement was
refurtd notes
respects and new notes were issued to
directors
the
and
Dec.
on
20
declared
extra
an
dividend of 25 cents per
usual
quarterly dividend of 25 cents per share, both
payable Jan, 15 to stockholders of record Dec. 30.
Extras of 25 cents
each
paid on Jan. 45 and July 15, 1944.
were
'*■
'
.'•••,'■
.
!
!:
.
••'.
.'•* "4
'
Retirements Announced—New Vice-President—*
Alonzo
Dec.
.
on
after many years of outstanding service. "
A. Edgar, at present Manager of
the Philadelphia^ office,
31,
William
will
1
/r
Oakley, Vice-President of this company at. New York,
Estwick, Manager of the New York office, are retiring
Gore
William H.
and
on
assume
the management
of the New York office as Vice-President
1.—V. 160, p. 1335.
Jan.
United States Life Insurance Co.—Reports Gain—
The
total*new paid-for business written by this company in the. .first
of 1944 was 22% greater than in the corresponding period
months
11
is $18,000,000.
Loans under this agreement are made
Thompson Aircraft Products Co. and are not obligations
company.
The proceeds of the first loans under the bank
were
of
common
a
to
agreement
dividend
value
9.—V.
share
last
the
:v:..1";,"
Corp.—Initial Common Dividend— ;•/
United States Fidelity & Guaranty Co.—Extra Div.—
conditions,
Credit
initial
par
directly
of
2116.
p.
United Gas
number
of
banks
providing for loans commonly known as "Regulation V
Loans"
made to
assist companies engaged in war production.
The
maximum credit
available
under
this agreement, subject to various
.subsidiary
160,
,
the company
The working
secured
v.
com¬
In the
certain
by it", but, except for a few
within the same general field
was organized as a wholly owned
in January, 1941, for the purpose of pro¬
ducing, with the aid of Government-owned facilities and Government
financing, aircraft parts and aircraft engine parts in conjunction with
the defense program.
As of Jan. 20, 1941, this subsidiary entered into
an*
agreement of lease with Defense Plant Corp. pursuant to which
lease, as amended, a plant in Euclid, O., a suburb of Cleveland, has
been erected and equipped at an expenditure by Defense Plant Corp.
of approximately $30,000,000, of which approximately $8,600,000 repre¬
sents the cost of land and buildings.
"**"
..
owing
J2-28
$5c
previously
products
1-31
$1.50
;
25c
Wiser
1-2
$1.25
————'
pfd. (quar.)
$6 preferred (quar,
Winnipeg,Electric, 5%
Ltd.
(quar.)
'.12-16
1-1
:
(quar.)——
(quar.)_„_1
"42- 9
.
$1.75-
—
present time
is sold for use in the war program of the United States.
transition from peacetime to war business the company added
J 12-13
$1.75
Candle. 8%
Wilsil
50c
r-
(quar.)..
the
At
12-20
2-* 4-:4-20 ",
2- 1 ^
1-20
50c
(quar.)__„_2-2i_—22
7%
prior preferred
&
(accum.)___
preference
(Win.).
*
10.
United
Canada.
pany
White Sewing
$4
United States and
2-15-ftv,.,l-17
V"it "
$1.06 J/4
1__
Paper Co. (quar.) „——2
Machine Corp.—
"San
the
associated
"j..v;**; '
Fruit
S.S.
for
been
will
"
*
.
$1.75
(quar.)
(quar.)_i_—_i—
Power Co., 4Va% pfd,
(quar.)
built
Dec.
has
2337, ;
p.
who
.
$20c
preferred
West
25c
$1.50
(George), Ltd., (quar.)i—2___—
Weston
West
(qriar,)2L-„_iiiL_r_—'
Co.,''6% pfd,1 "(quar.)_
succeed K. Kronwall,
Vice-President,
*
Beckstrom
V, 460.
'
5%- preferred
to
Executive
as
,
Corp.—
J-
vComraon -(year-end >
Beckstrom. Assistant Treasurer since
Treasurer
year,
The
net
current
over
the company
gain
that
dent.—V.
of
November,
160,
p.
announced
life
1943,
on
Dec.
.
..
.
30 was 18%' for the
in November alone was 40%
according to Mansfield Freeman, Presi¬
insuiance in
in
Ordinary
year.
force as of Nov.
production
2191.
,
_/
-n
■
2796
States Realty & Improvement Co.
United
See Sheraton
Corp. above.—V. 160, p. 1565.
United
-
the Government, covering
income
$1,924,700
"The excess
time.—V.
in
160,
2655.
p.
;//
/,■/./
•
;■
Dividend
Common Stock—
—_—
Notes' and
Loans
■
;,
*73 cent* cfl-ch**
•
*
•
■ *
,•y
i-
.
further announced as follows;
"The unfavorable conditions referred to. in the
The
•r*
■
Securities
Accrued
bond fund
bonus^_________T______
taxes__________^^__i.rfJji:______
__
no
we
in
25,727
616,260
260,224
"617,020
$2,863,875
and
1944
which
manpower,
been. reduced,
have
demands
shares in 1943.—V. 160, p. 2117.
par'
no
•
Period End. Nov, 30—
-
Retail
bo expected to continue until
brought about further decrease
-
•
:
,
profit, .limited by. fixed ceiling
harrowed by increasing labor and other costs.
•//'
margin
"The
conditions it
prevailing
/ .."Under
;
.
Earnings
deducting
1445.
V. .160, p.
(est.)
earnings
*
and
reserves
$4,133,000 $42,185,000 $41,674,000
;
in
.
&
Power
Light-
distributed
1446.
p.
'
<n
<
National
The
lowing
Association
ruling:.,
;
1
due
RR.
With
The SEC on Dec. 13 approved the proposal of the company to acquire
properties of its wholly-owned subsidiary, .Utah Light & Traction-/:
and (a) assume all the liabilities of Traction Co,, (b) forgive all
indebtedness of Traction Co. due it, (c) surrender for cancellation all
income
$6,792,792.
$6,493,423
With
stocks,
3,443,144
__________
75,000
75,000
75,000
taxes//-.
190,063
495,000
720,000
130,000
for Fed.
Res,
Net
*(,
'
•
$364,354,,.
1.,
' t
;fbir
'
,
profit
•
't
"
$518,929/
$388,906
'
-
1944
U,
•
$6,141,137
1,090,190
1,081,371
900,000
900,000
25,263
25,263
8-.'wecurities__-'-_*-_i_.;^--_'_l.^„______,__i_l':^iv
Investments
Cash
and
—
receivable
accounts
T-
:—_
388,814
"
Cotton
,
'
S;
U.
<;
63,162
17,008
20,428
$2,796,700
Notes
and
accounts
for
Reserve
$2,796,700
304,190
523,692
225,670
——.—_
286,182
S.
1
,fortdepreciation_____——
for Fed. post-war refund-,-—_
Res,
17,008
surplus
__
irvfv.*"
the
At
$9,071,268
directors
of
board
his
nominees
named
CharlCs1 R.
The
1947;,
so-called
besides
members
the
in
and
Gow
Hubert
Young,
defeated,
was
any
tuting
the
the
V,
three
and
of which
if
he
had
call
can
succeeded
meeting
a
in
and
placing
a
with
that
word
at
liberty
proceed
to
had
been
received
from
Va., that stockholders of
the
the meeting and with a
count or the ballots impounded at the previous meeting.
Mr. Kirkland
taid the meeting that 011 Dec.
14 the Circuit Court for Kanawha
were
with
clafM
invalid
Gow
the
This
this
and ;Watts
ballots
cast
had
at
been
the
elected
Nov.
28
directors.
meeting
,rHe
for
'
;■
v
To Pay
•
Hubert
the
on
class
"C"
stock,
a
be
Telegraph
in
1981
completed,
and
that
informed
payable Dec.
28
to
holders
of
Previbus
payments were 25 cents each on Sept.: 20
total of 50 cents a share was paid in 1943.
,
,-Regular quarterly dividends of 33% cents
share
year
4,000
year
20.
the "A"
on
Association
Telegraph
Union
cancelled.
are
arrangements
v,
Fed,
<A
The
Ry.
stock
months.
four
■
■
.
iV-
_.
to borrow $3,500,000
from*
about
shipping
stock,
par
cash
similar
A
disbursed
was
ICC
on
/
;
Washington Terminal Co.—-Seeks Bids
The company has applied
000
of
first
retirement
mortgage
Dec.
Corp,
will
The
on
times
six
series
provide
funds
mature
in
part
Feb.
1,
for
of
011
declared
the
of
fiscal
year
annual
showed
to
guaranteed
by
Baltimore & Ohio
Philadelphia,
Baltimore
Bidders
Washington
RR.
rCompetitive sale of the offering is
1245.
&
on
will name
the
coupon
scheduled
rate.—V.
to
133,
RR,
and
:
take place Jan.
p.
1286.
3,
i
.
!
26,279,708
732,933
1,257,222
1,133,820
448,700
154,731
530.195
6,830,831
6,69.9,968
713,470
>
176,970
J,
86,068
.a
V
company
to
31.
Exchange has
stock
(par
$5),
authorized
Two
a
decrease of $1,768,737
per dollar of sales.
transferred
to
is
in
the
deferred
plants
reserve
and
for
equipment
net
$1,000,000
■
more
.
i
5,922.196
$2.64
$2.91
:
contracts
to. Dec.
to
$2.83
'
5,921,761
$3.01
,.
31,
1943
($485,000,
less
Federal
'
Government
securities.62,560,001
cha/ges
notes
receivable
(less
58,477,814
reserve)—
from
••
.
•
1,889,293•
2,058,381
117,794,466
124,720,352
13,296,236
:
7,157,785
$543,149
assets
Sundry
Due
$
97,179,956
11,462,550
21,312,991
35,051,443
64.544,509
94,528,592
11,492,720
Deferred
subsidiaries,
not consolidated
585,497
(curr.)
/Total
.
383,314,241 363,862,028
Liabilities-
Capital stock ($25 par)__.
150,000,000 150,000,000
20-year 2%7r
debentures__________„_________,, 12,500,000
12,500,000,
;
debentures
Provision
Serial
7,500,000
payable
for
accounts
taxes..___,
currer.tly_____
with affiliated companies____
deferred
maintenance of
was »
re.-/
become..
120,494
.
•
properties
Totgl
in
1,000,000
stock
16,000,000
108,390,238
D)T,818,668 Drl,818.668
383,314.241 363,862,028
_______
fw depreciation of $114,599,023 h* 1S44 and $111,1943.
177.804 shares at less than cost.-" ■ tlncludes $509,652
and $470,365 in 1943 due from domestic subsidiaries
and.
reserve
in
in
160.
_
1,250,000
130,531
5,767.000
112,806,701
—
____—
1944
$75,845
5,767,000
3,000,000
16,000,000
Earned- surplus
tTreasury
45,700,278
1,250,000
inventory pricp decline.:___-__
for
3,261,210
59,693,400
__________
due
General reserves
031.010
12,931,439
3,767,368
income
debentures
Current
.
8,750,000
12,733 946
____—
liabilities
Accrued
*
year,
used
8,882,150
,882,952
5,922.768
improvements, incl. branches—-
.
labor
8
already provided).
and
—V,
available.
8,883,286
5,922.196
f7,149.667
17,808,725
.16,972,721
22,520,534
S.
I!After
be
11,252.172
Inventories'
to $15,662,635, :
last
17.431,372
24,958,392
_______
Cash
Reserve
to
90,250
Assets—$
•Real-estate,
issued and out¬
and
16,972,721
$8,314.38S
Government
thereon
Serial
than
maintenance
17,521,622
Investments
...
when., materials
15,662,635
capital
Accounts
be delivered to
amount of notes
earnings
....
.
16,644,00s
Sheet
Oct. 28, '44 Oct. 30. '43
to shareholders.
While reporting a sales increase
5.6% over 1943, the .-previous record year, Ine com¬
dollars,. which
16,5(72,721
Comparative Consolidated Balance
U.
1
oife cent
million
condition
or
17,521,622
__
______
of
of
taxes
issue non-interest-
_
1,271,719
15,662,635,
:
income taxes), • SAfter credit of post-war refund of $3,369,096 in 1944,
$1,921,250 in 1943 and $2,065,212 in 1942,
^Settlement on renegotia¬
.
;
1,035,246
Libby, McNeill &
Libby, $959,947 provision for amount payable to employees under Wage
and Hour Act; $833,848 premium and unamortized expense on funded
debt retired during year, less $2,280,383
reduction in provision for
Federal income taxes arising from these charges,
iRe,serve for baiance
of'accrued-processing tax restored upon settlement (not subject to
tion
are
18,586,907
tConsists of $7,636,255 loss on sale of investment in
the listing of 300,000
all of.which
!
2,326,035
15.662.635
160, p. 144G.
of paying a-like
1944.—V. 159. p. 52.
8,083,408,
17.291,250 t
2,604,210
stock (par $25)
Earns, per share
v.
cash dividend of $1 per share on •
the
7,691,263
34,821,861
:
and
19*4
2336.
p.
i
(
;
*i
1
$72,784
in
1943
due
from,
foreign; subsidiaries*
..•'•!
l; 1181
1
44,837,658
charges,.
Dividends
reached a new all-time peak of $1,573,992,504 for
ended Oct. 28, John Holmes. President, announced in
report
$83,975,869.
pany
that
1,378,574
46,403,948
,
Balance
In addition the
replacement parts as
Swift & Co.—Annual Report—
e.qual
4s
1,810,590
'
profits..
Special
/'Company's sales
1945.
and
24,901,134
43,027,068
and
units.
many
as
purpose
Dec.
York Stock
common
Tliein^.vy bonds, dated Feb. L 1945, sand running to Feb. 1, 1970, will
be
762,441
1,680,244
taxes_
Reserve for
his
to
472,612
110,262
1,000,000
44,723,704
—
inc.
Shares
standing.—V. 160. p. 2117.
the
A,
normal
Total
$10, payable Jan. 10 to holders of recordi
payment, together with an 8% stock divi¬
Jan. 25. 1944.
In 1943 cash payments of
authorized
7
for
mature
New
shares
for authority to issue $11,000,-
to the ICC
bonds,
of $11,915,000 of 3!<>s
v-
61,756,477
settle.
Accounts
Bond Issue
on
■■
59,752,937
income-
Special credits
tb
^
'•:/•;/
2,003,540
Net profit
/
Wyandotte Worsted Co.—Listing of Common Stock—
two-
yeail unsecured promissory notes at 1%% was approved Dec. 14 by
"the SEC.
The proceeds,-together with treasury cash, will be applied
7fhe" redemption at
105 of $6,588,900 consolidated mortgage 4%
bonds djip-Dec, 1. 1951.—V. 159. p. 2569.
Miami
which
■
18 banks on
$
Co.
/
,
will amount to between 500 and 600
is
20.
The
1
"company's proposal
zv-.
'
NOV. 1, '41! *
/ '
■
v..
146,545 /
income/-
surtax
com¬
/
above.—V. 160, p. 2337.
cents each were made on March 1 and June l.<—V.
50
A
Electric Co.—To Redeem
&
.
///•'
2,000,000;
^Excess prof, tax
;/v'V
the
(D. C.)
$
.
•
chargescharges—
Other
are
Feb.^'l to holders of record Jan. 18.—V. 160,
-Washington
,//;.
defer.
fRenego.
bearing promissory notes for not exceeding $182,125, to
Bonds—
'
1,573,992,504 1,490,0)0,635 1,409,405,770 1,018,989,223 ;
Interest
.
-
exchange for stock of various
and.|62y2: cents a share on the "B" stock were also declared, payable
p. 2655.
for
Total
the company has been allotted a civilian truck produc¬
units/Mr. Black said.
The company's bus production
common
dend.
19.
Dec.
serv.
maint. of prop.
Other
1
.
.
Oper.
Willamina & Grand Ronde. Ry.—Notes—
share
a
record
(incl.
Other income
informed us that they
has
Co.
+■'"/
The directors oh Dec. 15
and June
.
'
a
the
a
,
poultry
53 Wks. End.
-Oct. 30, '43 " Oct. 31, '42
-$
.!/
ful accounts.
/
<
White Co., Boston—Acquired—
three or
of
Dec.
year-end dividend of 75 cents
/
Prov,
Wickwire Spencer Steel Co.—$1 Distribution—
75-Cent Dividend on'Class "C" Stock—
The:dii-ectors have declared
Depart-
S.
-
:■
good normal year.
The company is currently shipping 200 car¬
loads of replacements parts monthly for military requirements alone,
it was added.—V. 160, p. 1026.
1
:,-K"
„■;.
the'U.
of
52 Weeks Ended-
Oct. 28, '44
.
revenues)
"
$3.50—
Co.—Ruling—
2656.
p.
company
in
de-
Ypuhgf'-the Rubinstein nominee, in view of the fact that the call for
the jannual meeting had stated that three directors were to be voted
npoiji.
due
bonds
have'been
last
tion
After count of the impounded ballots, President Kirkland ruled that
and .Messrs,
Sales
"when, as, and if issued" contracts calling for delivery of these
160.
the
County, W. Va., and the Supreme Court of West Virginia both refused
to,:issue*,an injunction against holding the meeting on Dec. 15.
he.
estimates
on
(Including Domestic and Canadian Subs.)
;■ :
'/
.Cost of sales and' -J-?;
White Motor Co.—Record December Production—
; ;
December production of this company is at the highest level in its
history, Robert F. Black, President/is quoted as saying.
For all 1944, however, production will be only about $105,000,000 as
against $150,000,000 in
1943.
Production tapered off during the'
middle of the year, as military demand declined.
The unpercedented
requirements of the Army for trucks in Europe has been largely
responsible-for the rise in production that has taken place during
■
consti¬
five
'*
'V.
Mr.
of 12/
board
.
announced
the] company's counsel at Charleston, W.
company,
Union
See City Stores Co,
V.,
Kirkland
Vh
(R. H.)
.At;a directors' meeting following the stockholders' meeting, Walter
Powers was elected a director to succeed Ralph L. Warren, deceased;
thus fheV,four vacancies were fried.
v-President
■
being made by the
Western Union Telegraph Cor to return the, leased companies'
stocks
which have been deposited with them under their exchange offer.—
for the meeting, viz., W. L. Kirkland,
D. Watts, were elected for the class of
Rubenstein bloc in the board consists of three
quorum.
a
"
call
himself,
members
two
Period—
•//'■/
'
on
Western
cannot
We
Harry
Young on the board he would.then control five votes in
prediction
Consolidated Income Account
panies leased by them, and plans for such issuance have been aban- :
bends
the
and
the
this
of
contemplate the issuance of Western
longer
no
Co.—Management Wins Election—
nominee,
:.
stock,
the
/ Since
debenture
annual meeting of stockholders held Dec. 15,
attempt of Serge Rubinstein, a director, to obtain thfr;-election to
in
bases
trust
of Securities/Dealers, Inc.,- acting under the provisions of Section 2(b)
of the Uniform Practice Code, rules that: ;
503,717
adjourned
volume
Holmes
'
34,970
W.
..
which are largely dependentproducts marketed, ia for a somewhat
coming year than in the record year just
sales,
company
both
,.
agreed,,'upon
in the general
capital
doned,
Warren Bros.
.
for
agricultural
->
The National Uniform Practice Committee of the National
'f,
•.
.
total
of
Reporting two important court, victories in 1944 involving one anti¬
indictment and one CPA case; the Swift President reiterated /
the company's gratification and its regret that "so much time
and money had to be spent in the defense of these charges at a time,
like, the present." /..!.
.;•' •:•«•. ••/••
!
;
series A,
a
,
2,796,700
■
—
/.;■■•/
.
otherwise
Western Union Telegraph
-
.
1,785.184
20,428
$9,263,040
Ca pital'
2,796,700
756,208
Res.
stock,
Dec. 7 declared a dividend of $3.50 per share on
payable Dep; 19 to holders of record Dec. 19,, A
similar payment was made on Aug. 1, last, making a total of $7 pet
share for the current year.
In 1943 a distribution of $4 per share
was made
on Dec. 22.—V.
160, p, 2447.
;
the
19,495
1,860,184
War, bonds pnvroll deductions-
have been
in action,
than/1,50O have been«
returned' to their former jobs
Mora
camps. >
ment of Agriculture covering production of meat and dairy and
products for 1945.
-
at
payments
324,629
payable—
taxes._____
Cotton acceptances
U.
preferred stock,
common
-Western Ry. of Alabama—Distribution of
34,970
$9,071,268
485,952
stock
A,
volume
smaller
.
Liabilities—
Capital
income bonds/ series
outlook
1945
the
Mr.
Unless otherwise agreed, all transactions in these new securities made
"regular way" shall be "ex" these payments.*—V.' 160, p. 2656.
The
;Total
prison
enemy
/
_
ended/but still much above previous normal volumes.
be made
19,495
$9,263,040
22,000 employees who have gone to war, 238
or died
in service, 65 are reported missing
in
cur-
.
286,182
:/
,War bonds employees' purchase accounts .'
1, post-war refund--____—
The
72,500, not including employees
about 60,000 before the war.
Of
to
.
519.687
,
485,952
108,923
against acceptances
Deferred charges
the armed services total 20,300.
approximately
compared
service
'
1
«
1,429,831,880 1,370,540,305 1,289,928,449
922,130,558 '
"when, as, and if issued" contracts in the
Sell., adverr, gen.
:
'•
V;-// -;i './/.V'./: •••..;
/ '''/•"
& admin, exps
common,stock, sellers shall pay to buyers an amount computed at the
57,447,078 .../ 52,4.81,39956,719,521 /, i 53,982,681 ■"
rate of $9 per sharo for each share nr fraction thereof which is the
Deprec. and depl.
7,544,833.
8,164,091
; 7,023,606
6,915,881 "
subject of the contract, and
:.
Taxes other than
Upon delivery of scrip certificates in settlement of "when, as, and if
.-/•
income __i.____.//
9,130,606 ;
8,452,257
: 8,242,345
7.918,962
issue'd" contracts in any of the foregoing securities, sellers shall pay
Contrib. to pento
hovers proportionate amounts based on the amount of
the scrip
sion fund
8.138,625
' 4,544,617
2,377,566/
3,992,169
certificates...
■'/>';
/ - \
/ "■ '■:•■■' •; Prpv. -for doubt-
1943
$6,226,456
to
are
each $100 face value of bonds;
ol
Upon ^settlement
'
•■-'/7""
machinery,
MerfeliV material and stock in• process.
buildings,
payments
which is the subject of the contract, and
y
$396,425
■
Balance Sheet, Sept. 30
v
''Assetsr—
Land,
adjustment
settlement of "when, as, and if
issued"
contracts
mortgage income 4 Va r/o' due 2014,
sellers shall pay'to buyers an amount computed at the rate of $22.50
per $100 face value of bonds whiclj &f^ subject of the contract, and •
•Upon settlement of,"when, as, and if issued',' contracts in the pre¬
ferred stock, series A. sellers shall pay to buyers an amount computed:
at the rate of $15.81
per share for each share or fraction
thereof
$4,044,569
5,179,494
5,833,886
action
are
is
.
The
on
-
share
certificates./
1941
5,942.262
75,000
than
in
51
in
now
total
forces,
a major; problem for Swift <fc Co., because
changes in equipment, layout, ana type of- products will not be '
necessary. •
-/•. ',/■ i/.;/.
'//
•;■./,>/•/■'
:
made'the fol¬
Inc.,
a payment of $15.81;
payment of $9;
:
T
scrip certificates for the income bonds, preferred and common
proportionate payments based on the amount of the -scrip
each
-Unless
$6,571,680
_.
Operating expenses--.
Depreciation
employees
radical
/
plan for the reorganization, ^with the.
in exchange for first mortgage bonds <
the
company,
share of
each
With
Wamsutta Mills- -Earnings1942
/
problem
the
but
would, normally,
discharged from service and
jobs for which they are better
suited...%
or
,',r;;. .r'-:':
that, upon consummation
mortgage 4¥2%
general
With
;
of Traction Co.'s outstanding capital stock, and (d) cause Traction Co., J
to be dissolved.—V. 160. p. 2655. ."-V.•/• .V;.-.'
/■/.;
,/ /,/
.
old
the rate of $22.50 for
,
1943
we
complete
armed
more
and
announced
has
securities
new
the
of
of
1944,
the
of
1946
follows:;- / ■/;
as
"
Co.
Gross
Dec.. 29,
delivery
the
1944
as
of utilizing
honorably
Distributions—
o.f Securities Dealers,
.
Pacific
Western
of
as
,.
Q|., below-.—V. 160, p. 1565.
Years.End. Sept. 30—
unable to utilize all of the by-products
we were
products,
one
l
,"A
employee
killed
Company
<
,
Electric
Graybar
through
Western Pacific RR.—Ruling on
Utah Power & Light Co.—Absorbs Subsidiary—;,'
,
cases
process
No.
a
the
the
"
Utah
i
Traction Co.—To Be dissolved—r
Utah Light &
some
said.
Swift
be
will
160,
The
See
times to
many
Reconversion Will not be
/■'/
^; •.
necessary
every qualified Swift service man and woman is
post-war/objective which has received major attention,"
plan, insofar as we can now see, has been :
formulated,
Our approach has,been the fulfillment of a moral obliga¬
tion..
Certainly, these service men and women have earned the right;
to all of the opportunities of the free
enterprise system.'!
us
he
in
V.
•
lequirements.—
dividend
Preferred
;.</'
\
.
1943
In
far
company plans to
manufacture, television transmitting equip¬
the post-war period, it; was announced on Dec, 11 by. F. R.
Vice-President in charge of the company's radio division.
This
The
ment
Lack,
$1,124,053
$2.13
$383,604
$0.73
;
.
share
common
per
"After
net
it was
•."Reemployment of
/
160, p. 2191.
equipment
/"/
1944;.
•Consolidated
2,033,000
$4,746,000
i__
Western Electric Co., Inc.—Post-War Plans-—
Results for 11 Months Ended Nov. 30
.
.
V:"
,
1944—11 Mos.—1943
$2,394,000 $22,166,000 $23,003,000
1,739,000
20,019,000
18,671,000
$2,693,000
rent
been
important that the
•>;•//,///>'' V..;v • - .
considered
is
-V.
sales
(Mo.)—November Sales—
1944—Month—1943
wij
sales^-'-—r-i.
Combined
strong financial position be* conserved.'.'
company's
t
ol
; .*
1
prices, has
_LU
sales
Wholesale
output at the metal and'coal mines and, coupled with the Govern¬
mental s limitation-of gold mining,-has made only a minimum operation
possible in Alaska.
accomplishment,
employees where they could be most'
effective.
Some of the more profitable operations, had to be curtailed,
"Overtime payments in excess of regular rates for the past year t
amounted to over $14,000,000, which iS just one indication of the
added expense incurred in endeavoring to furnish a market for fanners
at all times."/.
v.:}*:■$.',i": ■:/.
Reemployment, reconversion and other plans for peace have been
carefully considered, Mr. Holmes reported, ./,..
S'
197.304
20,851
this
resolved itself into
''>'7.■'-■■■: /"'■
/:
•Western Auto Supply Co.
may
has
1944
:
statement published
•■/'"'■•!'■ /'./•;■'•
"Shortgage of
with
further
or
56.000
$2,433,671
___
shares
par
'>•
Holmes
over
lambs.
48,198
v
I
20,813
/•'
.
Mr.
problems,
manpower
.
holders;
1,498
1,163
and
_________
own
large numbers of live hogs," Mr. Holmes told the share-.'/:
"The handling of hogs could not be done with the efficiency
should have liked,'
The same was true of cattle, calves, sheep and ;
carry
!
713
by
'•
..
company's
company's slaughter of hogs for the first six months of the
"Even
46,990
September
war
*
(secured
16.350
"Represented
.:/
.
,
the
to
year exceeded any other similar period in its history despite a
shortage of manpower, particularly of experienced employees, he said.
r
•• *
in
:
The
$1, 928,000
____
to
tribute
fiscal
Common, -stock
Surplus
'
employees who "so loyally and patriotically worked
long frqurs to handle the huge volume! of livestock coming to market/*
$2,863,875
$1,424,580
57,520
war
for
.;7"..'
:'
Referring
paid
8,996-.
-:(secured)_:__uU-4,i;_i.d^Xi.^-^u.>::' Z;^i.*i_.k
expenses
Provision
company
period.
.
2,779
"
lent
Employees'
Total
have continued to reduce income and it is clear that
earnings per share of common stock, for, the. full year 1944 -will be
.substantially less than the total of $1.25 already declared during, the
in
■
payable
Fed¬
Allies."
•
/-:/>
payable (unsecured)b____u._l__c_____^_
■Due .-customers
Dc-c. 19 voted to omit the
on
drafts
<
23,304
;
Mining Co.—Omits
per
45,740
$2,433,671
/>
share,
i;'V
•
diversi¬
$2,64
V
.
Saluting the achievements of the American farmer in surpassing all
records of production, Mr. Holmes pointed out that the new record was'
set in spite of a shortage of farm manpower and machinery.
He said
their- performance "merits the highest praise of our, nation and our
2,603,843'
20,312
_
_________
Total
■
represented
tonnage basis covering all the company,'#
a
operations/increased 11.77c, compared to 1943.
The company's 1944 tax bill totaled $54,247,940,
This included
eral, State, local and social security taxes.
$158,900
$166,640
U;
—
on
fied
1943
«•'
2,215,052
Accrued interest 'receivable—:
*
-J—♦ 12,599
Bid deposits
10,653
Due
from
customers^_M.____"_J.^________J.^„..._
16,099
Fixed assets
(net after- depreciation) _________
1,922
Prepaid expenses
'i0,706
the
outstanding
shares
on
Sales volume,
-
..1944
___________
earnings
compared to $2,94 in 1943.
30
Inventory
•'
*•dividend which ordinarily
Would have become payable on or about Jan.. 15, next, .on the common .
stock, / but declared the usual quarterly payment of 87Va cents per
share (1%%) on the preferred stock, payable Jan.
15 to holders of
-record Dec. 28.
On Oct. 14. last a distribution of 25 cents per share
was made on the common stock, as compared with 50 cents each on
Jan: 15. April 15 and July 15, 1944.
Dividends on-the common, stock';;
in 1943 were as follows: Jan. 15. $11 and .April 15, July 15 and Oct. 15,*
on
The directors
Sept.
^
Liabilities—
United States Smelting, Refining &
Sheet,
'
'v.
Cash
included a net provision for renegotiation, after taxes, of
which was, therefore, more than sufficient for the purpose,
provision of $1,277,891 is being returned to earnings at this
1943,
year
on Dec. 14.
statement, as presented
...........
.
the annual report for
of directors,
The
Balance
-
Assets—
renegotiation of war,
contracts for the year 1943, has been determined and, after application
of Federal income taxes,
such settlement amounts to' $646,309.08,, it
was' reported to stockholders by P. B. Davis Jr., Chairman-of the>
board
giyen j.11 the."Chronicle".of Nov. 13,.page 2117.
Co.-—Renegotiation Settlement •
Rubber
States
Pinal settlement with
i
ieport'tor 'the nine months Ifi'ded Sept. 30, 1944,
'TheJ 'comparative
-
was
'
The
Weeden & Co.—Financial Statement—
Merger
—
•
t
.,
,.
.
'
1
Volume
Number 4345
160
'
1
.....
'
f
^
' *•
...
* '
j
■?.(
}>
THE COMMERCIAL & FINANCIAL CHRONICLE
State and
2797
City Department
BOND PROPOSALS AND NEGOTIATIONS
\
;■
alabama
arkansas
v,;.;;;,/;':
bonds
Nov.
Batesville, Ark.
Birmingham, Ala.
Bonds Voted—At
'
Bond Call
:
C. E. Armstrong,
—
City Manager, announces that the
has exercised its option to
call for payment on Feb. 1, 1945,
2%%
Industrial
Water
Works
.
city
'Refunding
bonds Nos. 66 to 4250, aggregat¬
ing $4,185,000, part of an original
issue
of
Due Feb, 1,
1946 to 1972. The city will pay par
value of said bonds together with
accrued interest to Feb, 1, 1945,
and a premium of 3% of the par
$4,250,000.
of
value
the
said bonds
bonds.
of
Holders
requested to for¬
ward them with all coupons at¬
tached
are
the
to
Chemical
&
Bank
13
the
issue
of
$20,000 airport improve¬
approved
an
(P.O. Kensett), Ark.
Call
Bond
—
District
President
A. P. Mills is notifying bondhold¬
ers that the district is calling for
payment at
terest
accrued : in¬
and
par
Jan.
1, 1945, all outstand¬
refunding bonds issued .by
ing
on
York,
20,
1945.
Second best bid
of
1944.
Holders of said bonds
them
to pre¬
are
Clerk, that pursuant to the terms
refunding ordinance under
which
said
bonds
were
issued,
of the
of
l, 1945.
suggestion has been made to the
City Council by City Clerk H. C.
Graham
be
that
made
to
transfer
a
prevent
the Board of
Florence, Ala.,
and the city will on Feb. 1, 1945,
lot
General
retire
Re¬
bonds, Series A, dated
1937, due Feb. 1, 1957,
numbered 6, 16, 26, 30, 31, 47, 61,
99, 125 and 136.
:
; Holders of the bonds will pre¬
to
funds
increase
•,
Originally the city's refunding
bonds would have been retired in
1950, but two additional issues of
$33,000 in 1935 and $75,000 in
1938, postponed final payments to
the First National
1952. Mr. Graham said the pres¬
ent three-mill tax is not sufficient
where
to
sent1 them
the
on
at
named
date
Bank, Florence,
payment will be made.
meet
current
that unless
v.
Bond
Offering—Jos.
bids until 10 A.M.
the
C.
Furst,
receive
will
Clerk,
sealed
Dec. 27,
on
for
purchase
of $128,000 not to
exceed 2% interest series of 1945
refunding bonds, as follows:
$40,P00 sewer bonds. Due $20,000
Jan. 1 in 1954 and
on
1955.
,
88,000 water works bonds. Due
$44,000 on Jan. 1 in 1954 and
1955.
Jan.
1, 1945.
No
for
bids
dated
be
Denomination $1,000.
less than par and
accrued interest to
date of deliv¬
will be considered.
Delivery
of" bonds to be made at the City
ery
Treasurer's office.
be
approved
Gust,
inette
and
legality
be
good sale for city bonds, it
seem prudent to save tax¬
payers the expense of a bond issue
and forestall the usual uncertainty
concerning the city finances which
accompanies/.a bond issue, Mr.
Graham said.
Members
bids
all
must
A certified
tional.
uncondi¬
be
check for 5%
of the amount
bid, payable to or¬
der of the City Treasurer, is required.
v. y-;y
Bond
Finance
Attorney's Statement—In
connection
with
the .issue
aforementioned
addressed
bond
the
attorneys
the following letter to
Ely, Beck & Co., of
under date of Dec. 5,
Refsnes,
Phoenix,
"
of
the
.
Council
have
agreed
City
pity's
operational funds
by transfer of
$18,000 to the bond account;: and
that the saving in interest and
would
issue
suffer
not
of
bonds
business."
would
■
...
be
-j; ■
"good
District
President
Call—District
Bond
Witt
De
Poe
is
notifying
bond¬
holders that the district has called
for
payment at
interest
bonds
Jan.
on
par and accrued
1, 1945, refunding
to
17RB, and
14RB
Nos.
Phoenix, aggregating a total of
$128,000, for which bids are called
to be submitted on Dec. 27, 1944,
subject to our approving opinion,
wish
different
held
to
to
say
that while these
being issued under
are
statute
be
than
callable
at
the
a
bonds
any
time
by the Supreme Court in its de¬
cision, in the case of Maricopa
County v. Osborn, et al, reported
in 125 P (2nd) page 703, the opin¬
ion of the Supreme Court is so
broad in its implication that our
opinion oh these refunding bonds,
as
well
as
other
Simmons
Bluff.
|or
bonds
payment
National
■
to
cease
j
the
Pine
Bank,
Interest shall
1, 1945,
to pre¬
are
on
Jan.
;■
california
municipal
and
Los
No
Angeles, Calif.
Decision
voters will be asked
bond issue for the
a
Angeles County, Lynwood Sch.
Dist. (P. O. Los Angeles), Calif.
Bonds
County
Offered—J. F. Moroney,
Clerk,
received
000
not
to
exceed
as
5%
Dated Jan.
funds.
Y-/-"
■
before
Florida
the
Municipalities,
of
its
which
convention
annual
■
"It is fundamental that control
follows
the
which is to
say, the agency that finances a
function, says how it is to be op¬
erated.- i Exceptions to this rule
are few and far between, and, as
money,
general rule, temporary. Sooner
later-—usually sooner—condi¬
amples
of
have
We
rule in
in
bids
at
has
more
road
assume
that
thinking
could
would
be
meaningless unless some use were
to
made of the
be
Jan.
use
than the
could
audits and
be
made
no
compilation of statistical
without limiting in some
self-government which
prevailed..
Indeed
pressure
for State control over
municipal affairs would begin im¬
mediately, without doubt, from
the
hashitherto
of
some
the
city
governments
in¬
themselves in order to reach
equities in the use to which some
cities might,pay State allocated
interest
Governor-elect Caldwell said he
did not wish to leave the impres¬
sion "that I have taken
a
defeatist
attitude toward the
lem of
pressing prob¬
municipal finance." On the
he
hoped
safe
course
contrary,
he declared,
that
can
"we
find
a
1,
interest
per annum,
•
v
'
.
\
"
»
■
. •
Program Proposed in Legislative
Bill—Creation of a State aviation
fund,
a three-member State Aero,
nautic
Commission and a fulltime State Aviation Director was
proposed
on
Dec.
2, by the State
Aeronautic
Advisory Board in a
presented to Governor Ellis
Arnall
for
transmission to ~ the
bill
Georgia Legislature next month.
Cody Laird, of Atlanta, chair¬
man of the
advisory board, said
the proposed legislation would en¬
able Georgia to obtain maximum
tics Administration's billion-dol¬
lar- airport program now
pending
In Congress.
y.Yy'yIy'.
The
1946.
All
other
est
in¬
Principal and inter¬
payable at the First National
Bank
of
for general promotion of aviation
and airport construction.
«
. -
at
pay¬
of the bonds.
Chicago.
Legality ap¬
proved
by
Caldwell, Marshall,
Trimble
&
Mitchell,
of
New
York City. Delivery of the bonds
will be made at the Atlantic Na¬
tional Bank of West Palm Beach,
and shall be made Dec.
30, before
First members of the State
com¬
mission would be named for
two,
four
and six year
their
to
successors
terms, with
appointed
They Would
be
for four-year terms.
without pay. The full-time
would receive not more
serve
director
than
$6,000 annually.
'
.
■
Under the proposed legislation,
the State commission could
piake
rules
no
tent
to
regulations
or
with
Federal
inconsis¬
regulations-
as
licensing of aircraft and "pilots
safety operations. !/.',5% *
and in
11 A.M.
(EWT), on said date, at¬
The commission would
co-op¬
being directed to the fact erate with
counties, municipalities
outstanding - optional and the Federal
Government in
bonds to be retired by the pro¬
the construction and maintenance
tention
that,
the
'
ceeds from the sale of these bonds
have
been
of
airports.
called
for redemption
Jan. 1, 1945,
All coupons due Jan. 1, 1945,
and prior, on said bonds will be
clipped before delivery of the
and payment on
;G
■
Bond
Legality
iien
as
sale,
but
such
only
be delivered in accordance
law.
.
'
.
)■
y-y,;
district
Settlement
expects to
Near
of
1
vising property
by
ad¬
of the de¬
owners
is
(jw
-vr!
•
-.w
1.
■
Approved
AA
Tri^.mrevei-iYs
has teen^p'-Y,
b^nds
to
legality by Charles
Trauyrnicht, of St. Louis. D</ted
Nov.
1, 1944.
—1
Cook County School District
Bond
:
Sale—The $337,000 semi¬
annual
refunding bonds offered
Dec. 14, v. 160, p: 2609,
for sale
on
awarded
were
■
tio. 64
(P. O. Park Ridge), III.
—
complete
and
year
&
•
.■
zi
second
may
e,
')■:
Columbia, III.
....
proved
for
? Mi
illinois
No bids'will be considered
Trust Co., of
to
the
Chicago,
Northern.
lVzs, at
price of 101.05, a basis of about
approximately $100,000 of debt in¬
1.30%. Dated Jan. 15, 1945. Due
volved, which includes both prin¬
in 1955; callable in 1946
to; 1955.
cipal and interest, is represented"
Second best bid was an offer; of
by a note of more than $60,000
100.90 for l^s, submitted by the
held by the* Everglades Drainage
District.
Officials of the district First National Bank of Chicago;.;
tails of the program.
Bulk of the
as
a
-
have agreed to liquidate the debt
for
$500. Private
already accepted
creditors have
an offer of 50
on the dollar in payment of
holdings and the bonds have
been deposited in escrow at the
cents
their
First Bank of
Clewiston, accord¬
ing to report. The drainage dis¬
trict, it is said, includes the Town
of Moore Haven, also more than
5,000 adjacent
acres.
Bond
$852,000 series
refunding bonds of¬
12—v, 160, p. 2588—
Dec.
were
awarded
to
Sought
nois'
(State of)
Valuation
—
designed
"y,,s"
Asssesments
Approximately 150 bill3
to straighten out Illi¬
muddled
tax
assessment
provide
and
rates
State-wide
assessments at full valuation
der
un¬
the
supervision of the State
Revenue Department and county
assessors,
will
be
a
next month
introduced
in
group
com¬
posed of John Nuveen & Co., Chi¬
cago;
Clyde
C.
Pierce
Corp.,
at
Springfield.
Butler,
joint legislative
committee named last spring/by
Governor Green to study prob¬
lems
raised
by Cook County'3
venes
Sale—The
of 1945 SBA
fered
Illinois
Full
the State Legislature when it con¬
St. Augustine, Fla.
other
data,
way
%%
coupons are payable Jan¬
and July 1, during the life
uary
*
such
bearing
coupons
next
State
This
Tallahassee.
attached
have
of its indebtedness
participate for long in the financ¬
ing of municipal functions with¬
out
encroaching upon the selfgoverning powers now enjoyed by
Florida municipalities.
The first
step in that direction is the pro¬
posal that cities file audit reports
in
shall
settlement
road
•
..
.
,
additional set of inter¬
an
July
construction.
wishful
the
bonds
the
time, Federal aid on road building
accomplished by Federal
be
..
.
the
has been
over
1
•
,
of
State
more
'
.
Georgia (State of)
Participation in Huge Airport
refunding
by
control
*
-
The
building has come more control
by the State over location and
type of roads built—at the same
would
3%
Refunding
operation
With
schools.
Dec. 23 for the pur¬
as follows'
Newhall Drainage District, Fla.
State aid to schools
the
'
.
State aviation
fund, he ex¬
bonds ei plained, would be
supported by
!;v 1944. Due Jan.
1, as follows: taxes on gasoline used for avia¬
$11,000 in 1946 and 1947 and tion purposes.
Fifty per cent of
$12,000 in 1948.
the funds would go 'back to the
1,000 3 Vz% refunding bonds of
county or city in which they were
1944. Due Jan. 1, 1955.
collected to be used for
airport
All of the,bonds are dated Jan.
maintenance
and
improvement.
1, 1944. Denomination $1,000.
The other 50%
would
be
used
with
States.
more
over
:.i
benefits from the Civil Aeronau*
re¬
A*M.
$35,000 bends,
as
operation of this
own State, as well as
our
come
"It
on
10
amount thereof shall be delivered
ex¬
many
if";
fered
the
United
the
seen
georgia
•.
>
except for the entire amount of¬
tions are imposed which must be
met before the money can be ob¬
tained.
(P. O.
Pierce), Fla.
sealed
bonds.
or
funds.",
1, 1945.
$1,000. Due Jan. 1,
$15,000 from 1947 to
1956, inclusive, and $10,000 from
1957 to 1966, inclusive. Principal
and interest (J-J) payable at the
County Treasurer's office. (These
follows:
Fort
terest
granting
bids on
$250,-
Dec. 19 for the purchase of
Denomination
project at the
Los
tion by the courts
necessarily refer to said de¬
cision and the possibility that said
■bonds will-be subject to call at
any time."
to authorize
Spring election.
school bonds.
must
Bond
not been determined whether the
school district bonds that may be
the question,
Sewer
on
Issue—Although a study is being
made of plans for construction of
a sewage treatment plant to cost
approximately $21,000,000, it has
ad¬
an
recently,}, the- Governor-elect de¬
clared:
';•/
:. y ■ :'■■■ V y;
;/•;
to
issued prior to a further declaraon
such
Speaking
Holders of said
"Referring to the proposed re¬
funding bonds of the City of
bonds
of
control
them
Aid—In
control would follow the
25RB, issued under date of Oct. 1,
1940, .and maturing Jan. 1, 1975.
sent
Inlet District
Bonds Offered—The district
able
nues,
Governor-elect Millard F.
Caldwell warned that increased
State
(P. O. McGehee), Ark.
V"'
Fort Pierce
the rate of
States, as well as
Florida, are pressing for increased
sharing in State-collected reve¬
"With
1944:
we
State
In¬
Follow
other
many
y
McGehee Special School
allotment
an
poses.
est
Would
time when the municipalities of
a
a
the
Committee
receiving the tax
cigaret sales with¬
by the State, to cities, of 75% of
thereto
dress of particular significance at
a
by
Rosenfeld, Divelbess, Rob&
Coolidge, of Phoenix,
"
would
The bonds will
to
as
necessary.
While the city's credit is excel¬
lent at this time, and there would
that
will
of the bonds
Increased
an
will be
that
Warns
Control
concluded
issue
stated
(State of)
Governor-Elect
creased
League
.
All
and
all
on
the State intangible property tax
not now specified for other pur¬
The
bond
Phoenix, Ariz.
City
service
collected
in their borders and
$34,000
bonds.
outright gift from
the general fund is voted, another
Arizona
^
debt
is
;
>
Co., of Miami: $173,000 water de¬
partment. and $27,000 refunding
$18,000 will
the general
meet
third bond issue.
a
Sold—It
Florida
obligations of the
outstanding bonds in lieu
city's
of
funding
1,
of
an
municipalities
(EWT),
Glade, Fla.
following bonds aggregating
$200,000, approved by the voters
on
Sept. 12, were purchased on
Nov. 27, by the J. R. Durrance
of the city's bonded debt.
fund
been
to
Increase—A
An increase from three to four
cents in the State cigaret tax with
chase of
FLORIDA
Belle
Bonds
Designed
Debt
by
by
Commissioners
Feb.
Transfer
League of Munici¬
palities unanimously adopted the
following
recommendations
for
0.43%, plus $6.50, by the Besse¬
Trust Co., of Jersey City.
f'.
the
Rock, Ark.
Bonded
offer
an
1
•
The Florida
ceived
.t
Little
was
the
to
around the difficulties
or
in the way of a solution."
mer
.
of
drawn
have
bond numbers
and
payment
It is expected that
be transferred from
certain
redeem
for
through
ufacturers National Bank of Wa¬
Commercial National Bank, Little
Interest shall cease on Jan.
Curb
Redemption Notice—It is
by L. B. Coburn, City
offer
was an
0.42%, plus a premium of $26,
the Citizens & Man¬
terbury. Third high
that date..
Bond
at 040%.
Dated
Due on June 20,
Dec.
Rock.
stated
N
New
1936, and including without be¬
ing limited thereto, Nos. 13RB to
70RB, maturing on Jan. 1, 1965.
Fund
\
of
,
presentation to thd next. State leg¬
islative session:,
'
.
Note Sale—The $800,000 tax an¬
ticipation notes offered for sale
on Dec.
15, v. 160, p. 2699, were
awarded the National City.Bank,
said district under date of Dec. 1,
ham, or the Birimngham Trust &
Savings Co., Birmingham, on or
before Feb. 1,1945. Interest ceases
Florence, Ala.
^
Waterbury, Conn,
submitted by
sent
on
,
connecticut
}
Kensett Special School District
Co., New York City, or the
First National Bank of Birming¬
,
voters
ment bonds.
Trust
'
on
Dec.
Improvement
and
election
an
were
were
previously offered
28, at which time no bids
received, v. 160, p. 2587.)
Stdte
Senator
of
chairman
new
100%
Walker
a
assessment
plan,:'an¬
Jacksonville, and Leedy, Wheeler nounced, Dec. 10, that his, com^
& Co., Orlando, as 2.55s, at a price mittee would draft the bills be¬
of 102, a basis of about 2.405%.
fore
Jan.
1
and present ^them
Dated Jan. 1, 1945, and due on
simultaneously with a report, to
Jan. 1 from ;1946 to 1968, incl.
the Governor.
;
Only one bid was submitted for
Senator Butler explained that
the issue.
the large number of bills needed
Bond
Action
for
the
bonds
—v.
Bid
1 on
of
160,
Action
the
one
$629,000
1944
p.
Postponed—
received
bid
3%
offered
refunding
on
Dec.
19
'2699—was postponed
until Dec. 21.
<
to modernize the
structure
over
fact
145
which
hodgepodge tax
has grown tup
the years is
the result';bf the
that authority for each of the
kinds
of
taxing
districts
within
the
State
is
found
in
a
.
THE COMMERCIAL & FINANCIAL CHRONICLE
2798
in the State stat¬
separate place
utes.
/
To
basic
Primghar, Iowa
established
tax
rate
in
pro¬
Election—At
Bond
bills
of the 145 statutes
amendment to cut
propose, each
would require
the
valuation as¬
the State,
throughout
committee's
the
as
full
provide
sessments
$8 to $10 a year would bring in
$1,200,000 to $1,500,000 annually.
on
Jan. 4 the voters will consider
an
issue
of $5,000
Swea City,
tion.
Nov.
28
issue of
000
(P. O. Newton), III.
the
an
voters
election
on
approved an
vember
% the voters at the No¬
general election.
KANSAS
IOWA
Coffeyville, Kan.
completed
recently
ments
sell
to
arrange¬
issue of $20,000
an
airport bonds.
Plans Bond Sale—The
city will
the market early in
January with an offering of water
and light bonds.
appear
'
River Bridge Bill
Approved by Senate—The United
States Senate passed recently and
Mississippi
forwarded to the House a bill au¬
tion
series
sale
thorizing construction of a toll
bridge over the Mississippi River
between Clinton, la., and Fulton,
A
commission
would be
em¬
powered to issue 6% bonds pay¬
able in 20 years to finance the
project and to cover purchase of
land and other bridges between
the two cities. Federal road funds
would
be
available for construc¬
tion if the state
highway commis¬
sion approved.
Z
Dec.
bonds
offered
awarded to
in
1945
best bid
a
inclusive.
1954
to
Next
an offer of 100.63,
jointly by the Northern
was
submitted
Trust Co. of
Bosworth &
,,
,,
New Orleans,
Stranahan, Harris & Co., Inc.,
Braun, Bosworth & Co., Inc.,
Milwaukee Co.,
Stern Bros. & Co.,
Barrow, Leary & Co.,
Kingsbury & Alvis,
Lamar, Kingston & LaBouisse,
Chicago, and Braun,
Co., Inc.
La.
Bond Sale—The
$385,000 public
improvement bonds offered Dec.
160, p. 2700—were awarded
to Guaranty Bank & Trust Co.,
Lafayette, at a net interest cost
of about 1.48%.
Due serially on
from
1947
to
1965,
incl.
high bid, figuring a net
1.494%, was made by
a group composed of White, Hattier 8c Sanford, Barrow, Leary &
Equitable Securities Corp.,
& Crane, and Kingsbury &
Alvis.
Council
Bluffs, Iowa
Refunding Considered—A pro¬
posal to refund $370,000 3% In¬
dian Creek bonds on a lVz% basis
is
being considered by local offi¬
^ *y.
3%
Indianola, Iowa
Bonds
Not Issued—The
$80,000
memorial building bonds author¬
ized at an election in September
have not been issued as yet.
Iowa
(State of)
Legislature To Get Large Post¬
war
Road
Building Plan
—
The
State Post-War Commission unan¬
imously approved, Dec. 6, for sub¬
mission to the 1945 State Legis¬
lature
$638,000,000
post-war
road
construction
program,
the
financing of which would involve
an increase in the State gasoline
tax
a
rate from three to four cents
gallon; expansion of the pres¬
State compensation tax now
collected
only on trucks with
franchise rights over fixed routes,
and abolition of tax refunds paid
to farmers and others on gasoline
used for non-highway purposes,
except in the case of aircraft fuel.
per
ent
It
was
estimated that the
pro¬
posed tax changes would increase
use revenues approximately
road
$12,000,000
as
a
known to have been on the roads
war," the program
the
roads and streets in the 12 years
immediately following the end of
the
Johnson
918.228,
was
from
ever,
Enclose
a
will
Note
Sale—The
offered for sale
war.
at
Bond
Co.
on
$300,000 notes
To Braun,
offer
on
19
Dec.
an
Rouge Parish Consol.
Sch. Dist. No. 1 (P. O. Baton
0.39%
$50,000
discount.
Bank of Boston, next
Rouge), La.
highest bid¬
der, named a rate of 0.394%.
$3,000,000 semi¬
Dec. 15—v.
.Note Offering—Harold J. Tuni-
160, p. 2234
—were
awarded to a syndicate
composed of the Northern Trust
son, City Treasurer, will receive
sealed bids until 11 a.m. on Dec.
21
Co., Harris Trust & Savings Bank,
both of Chicago;
Whitney Na¬
for
the
purchase of
notes.
Dated
1944. Due Nov.
originally drawn up by a tional Bank of New Orleans; Trust
Co. of Georgia of Atlanta; New¬
on highways, the
program called for assessment of man, Brown & Co. of New Or¬
the
State
compensation
tax leans; C. F. Childs & Co. of Chi¬
against all trucks of four tons or cago, and Weil & Arnold of New
more
gross weight.
It was es¬ Orleans, at 100.03, a net interest
As
$500,000
Dec.
2, 1945.
revenue
duce
In
a
$3,362,000 a year.
connection
revenue
with
suggestion
another
included
in
the report, Representative Prentis
asked: "Why not make owners of
Old
cost of about 1.24%
on
divided
change would pro¬
22,
$351,000
as
follows:
the same license
after the ihird
in 1952, $199,000 in 1953, $203,000
registration? (Iowa license^ feesi
in 1954, $207,000 in 1955, $211,000
now drop after the third registra¬
tion.) Every car is going to be old in 1956, $216,000 in 1957, $220,000
before we get new ones.
These in 1958, $224,000 in 1959, and
$229,000 in 1960, as l%s.
cars are more dangerous to oper¬
Among the other bids received
ate and they need better roads."
The report estimated elimina¬ were the following:
tion of such license fee would Blyth & Co.,
bring in an additional $2,144,000 Paine, Webber, Jackson
& Curtis,
a year. The suggestion was men¬
tioned in the report only for in¬ Scharff & Jones,
formational purposes.
White, Hattier & Sanford,
Another informational sugges¬ F. S. Moseley & Co.,
y
tion
estimated
that^ requiring Paul H. Davis & Co.,
farmers to license all tractors at E. H. Rollins & Sons,
J "j* •
rates
cars
as
pay
always
-
y-y
Bennett, Smith & Co.,
of Detroit, at 91.75 flat
tached.
.
19,000 Village (now City) of
Berkley, Mich. Water Bonds,
5%, dated March 1, 1924, due
March 1, 1954. Sept. 1, 1932
and subsequent coupons at¬
tached.
Sale—It
reported that
is
semi-annual water main
were purchased recently by
$8,000
bonds
sioners, as 3s, at par.
Park County
No.
reported
Cot
'of
Minneapolis,
as
Dec.
Sealed
1
100.089.
100.085; First National Bank
Minneapolis, 1.20s, 100.18,
Pondera County (P.
Mont.
Bond
bids
Denomination $1,000. Dated Dec.
1, 1944. Due. on .Dec. 1: $5,000 in
1945, and $10,000 In 1946 to 1955
Olmsted
y:/.
Codnty; Jrtdep. Sch. Dist.
(P. O. Rochester), Minn.
Bond Sale—The
O. Conrad),
Sale—The $30,000
airport
purchase bonds offered Dec.
18—v. 160, p. 2701—were awarded
to Farmers State Bank of Conrad,
as
2%s.
Only one bid was re¬
ceived for
the issue, which is
dated Jan. 1, 1945.
on
$105,000 not ..exceeding 2% semi¬
annual coupon refunding bonds.
inclusive,
of
site
p.m.
21, by P. "SyWhitaker, Dis¬
Clerk, Jior, the purchase of
trict
re¬
Other bids:
County Indep. Sch. Dist.
'—
$117,181.56
City, as 1.15s, at a price of
Dated
Dec.
15,
1944.
Kalman & Co., 1.15s,
Lake
(P. O. Litchfield), Minn.
Offeree!
Sale—The
funding bonds offered Dec. 15—
v.
160, p. 2340—were awarded to
Edward L. Burton Corp. of Salt
purchased as iy4s, at a price of
100.29, a basisy of ; about 1.21%.
Due from Nov. 1, "1947 to 1963;
optional after Nov. 1, 1955. *
received^ until
High School District
(P. O. Livingston), Mont.\
1
Bond
now
here—v.T00,p. 2589—were
noted
No. 1
$5,000 Village
(now City)
of
Berkley, Mich. Fire Depart¬
ment Equipment Notes, 5%,
dated
March
1,
1924,
due
March 1, 1954. Sept. 1, 1932
and subsequent coupons at¬
.
Clyde Park, Mont.
Bond
$86,000 semi-annual re¬
funding bonds sold to the Allison-
Item 1
Item 2
MONTANA
Certificates of Indebt¬
To Crouse,
.
..
y ;
12
the
Bonds
N. Reeves,
City Treasurer, that the follow¬
ing securities aggregating $93,943,
previously held in the City Sink¬
ing Fund, were awarded as fol¬
lows:
System—
city
price of $40,000.
40.03
Price Paid—It is
that
were
Royal Oak, Mich.
Sinking Fund Securities Sold—
ma¬
Water
has reached an agree¬
ment with private owners to pur¬
chase the local water system at a
Minn.
Meeker
It is stated by Minnie
turing Feb. 1, $174,000 in 1946,
$177,000 in 1947,as 3s; $553,000 ma¬
turing Feb. 1, $181,000 in 1948,
$184,000 in 1949, $188,000 in 1950,
as
2s, and $2,096,000 maturing
Feb. 1, $192,000 in
1951, $195,000
The
Douglas County Indep. Consol. Sch.
Dist. No. 2 (P^ O.ZAlexandria),
MICHIGAN
the bonds
Purchase
To
MINNESOTA
No. 9
a
Popularville, Miss.
11
edness, due Jan. 1, 1951. Cer¬
tificates totaling $4,315 under
Williams
Worcester, Mass.
annual construction bonds offered
this source,
totaled $12,536,619, an
of $536,000 over the cor¬
the State Board of Land Commis¬
Due in
six months. The Second National
at
notes
as com¬
responding period last year.
Voluntary Option Plan.
of
issue
increase
Co., Inc.,
Bos\vorth & Co., Inc.,
ries B
Second highest bid was
Ripley &
by Harriman
$1,255,718
months from
11
$8,630 City of Clawson, Mich. Se¬
Methuen, Mass.
of Louis¬
total of
a
however,
City
0.46% discount plus
Due on June
the
oL Clawson, Mich.
Series B Rounding Bonds, 2
to 5%, due-Oct.; 1,1987.
; ;
Dec. 15—v. 160,
premium of $1.00.
with
plus, interest
81.03,
Item
sub-committee
timated such
Bosworth &
to¬
pared with $1,270,420 for Novem¬
ber, 1943.
Total collections for
edness, due-Jan. 1, 1951. Cer¬
totaling $854 under
Voluntary Option Plan.
Braun,
sources
$2,581,863 as against $2,341,439 in the same month last year.
The- 2% State-wide sales tax
showed a decline in November,
tificates
Co., Inc., of 0.473%.
Baton
Its November
all
from
collections
ries A Certificates of Indebt¬
at
an
LOUISIANA
on
9
$3,304 City of'Clawson, Mich. Se¬
Note Sale—The National Shaw¬
for sale
the
$26,757,979 for the corres¬
ponding period last year, it was
reported Nov. 30.
The Commission collects 70%
Co., Inc.,
40.03
Item
15, 1945.
reported that
represent¬
ing an increase of $3,578,486 over
Bosworth & Co., Inc.,
tional Shawmut Bank & Trust Co.
semi-annual hospital
purchased recently by
Bond Sale—The
current calendar year,
Item *10
$22,000
2700—were awarded to the Na¬
p.
ville.
East
To Braun,
To
Chelsea, Mass.
certified
months of the
475 for the first 11
5%, due 0c|;; i, 1967.
MASSACHUSETTS
be
1944/
Collection Records Broken
all previous records,
collections by Mississippi's State
Tax Commission totaled $30,336,-
City
$14,000
at
Somerset, Ky.
were
Item
to
—Breaking
plus interest
81.03,
of Boston, at
Bonds Sold—It is
Bankers
at
30, 1943, was
a
the
Braun, Bosworth &
dropped 20% between 1940and
$15,008,926.
County Treasurer.
bonds
State's
the
of
fund surlus at June
$1,000, payable to the
$75,000 2%
To
as
Tax
*-/y^/ry/
sequent coupons- attached.
The general
Galphin, Tarrant & Street of
Louisville, and no bid for less than
for
8
approved
Mississippi (State of)
Bonds,-4M% due Aug. 15,
Feb. 15, 1932 and sub¬
of revenue have
"unprecedented heights"
1943-1944.
1941
and
interest
most
past four years.
In¬
from gasoline taxes, how¬
come
subject to redemption on
1, 1960.
The bonds will
be sold with the approving opin¬
ion of Earl S. Wilson of Ogden,
check
Item
been
i
legality by Charles & Trauernicht
Feb; I5,;1932 and sub¬
'
.■
1%
of St. Louis. Dated Dec. 1,
sources
during the
1965,
considered.
has
bonds
— An
refunding
Approved
$60,000
taled
soared to
Jan.
accrued
of
issue
to
Mr. Reily disclosed that
yields
$1,000. Dated Jan. 1, 1945.
Interest payable J-J. Due Jan. 1,
and
Bond Legality
,
of all State taxes.
major
nation
O. Clarks-
dale), Miss.
of Clawson, Mich.
Series A Refunding Bonds, 2
of Dec. 9.
J.
/
MISSISSIPPI
Reily, Director of the State De¬
Offering—W.
G. Becker &
Co., A.
Coahoma County (P.
2,000
Village
(how City) of
Berkley, Mich.:; Special As¬
sessment paving District No.
last, in all expend¬
totaling $22,-
reported by James S.
Co., C. F. Childs & Co.,
Milwaukee
partment of Finance, under date
par.
Ward,
County'Judge, will receive sealed
bids until 10 a.m. (EST) on Dec.
27 for the purchase of $20,000 3%
road and bridge bonds.
Denomi¬
104
surplus
were
Co. and R. S. Dickson & Co.
Bonds, 4%% r due Aug. 15,
1935,
able funds combined,
was
County (P. O. Paintsville), Ky.
con¬
expenditure
of
$188,000,000
on
primary roads,
$354,000,000 on secondary roads
and
$96,000,000
on
municipal
templates
Maysville, at
Bond
bonds
Oct. 14 to D. P. Newell of
"down-to-earth"
for "repairing war dam¬
and servicing traffic volume
before the
building
State
Nuveen &
1936.
mut Bank of Boston was awarded
program
age
school
on
unencumbered
of June 30,
as
members
Associate
sequent coupons attached.
June 30 Surplus at $23,000,000—
An
$20,000
a year.
Described
63
63
Bonds Sold—An issue of
sold
cials.
Item >7
Louisiana (State of)
(P. O. Owningsville),
1.23%.
John
net interest cost of about
a
6.
offer figured
& Curtis, whose
son
3,000
Village f (now City)
of
Berkley, Michy-Special As¬
sessment Paving District No.
KENTUCKY
Bath County
by Paine, Webber, Jack¬
headed
'
Second
Glas
-
attached^
pons
cost of about
Co.,
1.228%, was made by a syndicate
composed of Halsey, Stuart & Co.,
Inc., Lazard Freres & Co., Wil¬
liam Blair & Co., E. H. Rollins &
Sons, Mullaney, Ross & Co. and
Martin, Burns & Corbett.
Other
bidders
included
a
syndicate
3,000
Village^Chow City)
of
Berkley, Mich.; Village Por¬
tion, Paving District No. 63,
Bonds, 434%v dated Aug. 15,
1927, due AugriS, 1934. Feb.
15, 1932 and subsequent cou¬
19—v.
1
1, 1945. Second high bid of 100.308
IV4S, a net cost of about.
for
attached.
Lafayette Parish (P. O. Lafayette),
1967.
and
All of the bonds are dated Jan.
3,000
Village ~ (now
City)
of
Berkley, Miclu/Water Bonds,
4%%, dated ..Aug. 15, 1927,
due Aug. 15, 1957.
Feb. 15,
1932 and subsequent coupons
100.00
1966
in
1
a""
Item
.
Item
2V2S, and
$2,468,000 DAs
Jan.
240,000 Is. Due $120,000 on Jan.
yy^..^yy:: ■
tached.
1963, $120,000 in 1964
1965.
and
1,000
Village
(now
City) of
Berkley, Mich., Sewer Bonds,
5%, dated* kept, 1, 1924, due
Sept. 1, 1954.
Sept. 1, 1932
and subsequent coupons at¬
and John Dane,
for
15—v.
160, p. 2700—
syndicate com¬
posed of the Baum, Bernheimer
Co. of Kansas City, Otis & Co. of
Cleveland,
and
Lathrop-HawkHerrick Co. of Wichita, at a price
of 100.731, a basis of about 0.865%.
Dated Dec. 1, 1944. Due on Dec. 1
on
Commerce,
for $532,000
$274,500
1%
general condemna¬
1959 to
•
Item 4
Co.,*St. Louis,
& Trust
Sale—The
semi-annual
were
111.
in
Bond
10,000
Village *»ir(now
City) of
Berkley, MichySewer Bonds,
4V2%r dated Bept, 1, 1924, due
Sept. 1,1954^ Sept. 1, 1932 and
subsequent coupons attached.
Mercantile-Commerce Bank
National Bank of
$60,000 in 1953 and 1954, $95,000 in 1955 and 1956, $100,000
in 1957 and 1958, $110,000 in
Item 3
Bank,
Memphis,
Glas & Crane,
J. M. Dain & Co., and
Miller, Kenower & Co.,
for $716,000 4s,
$380,000«l3/4s, and >"•
Kansas City, Kan.
Clinton, Iowa
i
;
;
swimming pool bonds was ap¬
proved
$30,000 road bonds.
Chariton, Iowa
To Sell Bonds—The City Coun¬
cil
Iowa
First National
$1,904,000 Is
100.0003
Equitable Securities Corp.,
Bonds Voted—An issue of $20,-
y
Wade
memorial hos¬
pital purchase bonds.
portion to the increase in valua¬
Bonds Voted—At
election
an
Monday, December 25, 1944
$1,800,000 cou¬
Sanders County (P.
O. Thompson
Falls), Mont.
.
«
.Bond Sale—The issue of $40,000
County hospital bonds offered Dec.
18—v.
to
the
160, p. 2453—was awarded
First
National
Bank
of
Plains, and the First State Bank
pon building bonds offered Dec.
of Thompson Falls, jointly, as Is.
18—v. 160, p. 2453irywere awarded
Dated Jan. 15,1945.
syndicate composed of Harri¬
Ripley & €0., Inc., Blyth &
Co., Phelps, Fenn & Co., First of
Michigan Corpysall of New York,
to
a
man
and Jurat! & Moody of St. Paul,
at
a
price of 100.009, a net inter¬
about 1,1987%, as fol¬
est cost of
lows:
■;
.
$1,560,000
lMcDue Jan. 1, as
follows:
$50,000 in 1948 to
-0950, $55,000 hi 1951 and 1952,
'
NEBRASKA
Apstey> Neb.
Bonds Sold—An issue of $5,500
31/2%
chased
funding bonds was pur¬
recently by Robert E.
Schweser
Oct.
Co.
of
Omaha.
Dated
1, 1944. One bond for $500,
others $1,000 each. Due Oct. 1, as
follows: $500 in 1946; $1,000 eacfy
.
Volume
1951, 1953 and 1955.
in 1948, 1849,
Interest A-O.
remedial
BelleVue, Neb.
lk %
$8,000
l"
77
Sold
nation
,
E.
issue
an
2 Va %
of/$ 15,000
bonds. Dated, Nov. 1, 1944.
$1,000 and $500.
park
Denominations
Nov.
1,
1946
Due
to
from
$1,500
follows:
as
and
inclusive
1953
Omaha has purchased
$28,300 3% bonds, divided as fol¬
lows: $18,300 district paving and
$10000 intersection paving.
All
dated Nov. 1, 1944 and due Nov.
1954, although optional
1, 1949. Interest M-N.
145
(P. O. Waverley), Neb.
is
stated that
Call—It
Bond
2V2%
refunding bonds numbered
10 to
14, 22 to 81, 89 and 90, and
127, in the amount of $103,000, are being called for payment
on Jan. 2, at par and accrued in¬
terest to May 1, 1945, at the office
of the Robert E. Schweser Co.,
92. to
quired
until 8 P.M. (EWT),
28, by Edna B. Cook, Bor¬
ough Clerk, for the purchase of
$94,000 coupon or registered re¬
funding of 1944 bonds.
Interest
on
Securities and Exchange Commis¬
sion and the J^cleral Power
Com¬
of
the^purchase
Power
Co.
stock by a
citizens'
the
7 i',7
•
'
Power &
Group—The
stock of Ne¬
common
Co.
Power
braska
Ac¬
Light Co. to
a
1
'(
of
closed. The
announced that this
contract recently
a
Omaha group
purchase of the common stock is
first step in a program for com¬
a
plete refinancing of the Omaha
utility and the ultimate acquisi¬
tion of its properties by public
.>y:7y 77;>v7;-
bodies of Nebraska.
The
stock of Nebraska
common
has been owned since
Power Co.
1917 by American Power
& Light
Co., one of the holding companies
in the Electric Bond and Share
Co. system.
eral
years
During the past sev¬
there have been nego¬
and
public bodies for the acquisition
tiations
of
various
by
Clerk
stock
the
property
or
of
1842
offer
an
of the
spring
made
was
by
Consumers Public Power District
of
basic price for
Nebraska, the
all
the
of
property
of Nebraska
Ppwer Co. being $40,680,000, with
certain adjustments for property
additions and current position un¬
specified formula.
It is
stated that the purchase price of
the
common ; stock
under
the
der
a
present transaction
termined
price
on
and
being de¬
is
the basis of the same
formula
after
deduc¬
tions for the cost of retiring out¬
standing
and
securities,
This price
were also the basis
formula
made by
citizens, ap¬
pointed by the Mayor of Omaha,
in
1942, and also the basis' of
ah offer made to purchase
the
property by the Peoples Power
Commission, which is the body
of
an
offer to purchase
panel
a
created
of
Omaha
under
an
act
of the Ne¬
braska Legislature in 1943.
•
Following the creation of the
Peoples Power Commission, which
was set up solely for the acquisi¬
tion of the Nebraska Power Co.,
several lawsuits have been prose¬
cuted
attacking the act on consti¬
tutional grounds and attacking the
now
able
office
the
at
Treasurer.
of
pending
in
Court of Nebraska.
Omaha
citizens
Supreme
The group of
the
contemplate
re¬
Rate
of
interest
Cedar Grove Twp. Sch. Dist.
(P. O.
proposal
to have
$190,000
construction and equipment
bonds by a count of 440 to 206.
20, is reported
Newark, N. J.
LargO*6st-War Housing
..City housing Au¬
has made application to
Federal
.he
Public
Housing Au¬
thority lor an allotment of funds
in connection^ with a $32,000,000
Federal con¬
3%nbf the cost °f f^e
development tn, maintain a scale
annual
an
rentst* Charles
low
B.
'
A
77
' :
7.7'-77: '
7.7 .■ 77
Debt Cut $36,176,602—
Bonded
fronw Mayor
letter
offering to accept for the
Vincent
the
bid
amount
least
amount
of
bonds, the bonds to be accepted
being those first maturing, and if
two
or
ac¬
bidder
therefor
offering to pa>
highest priced The
must
also
pay
an
the
purchaser
amount
the
offer to
least amount, then
same
the
to
bidders
more
equal to the interest
bonds
accrued
of
the
to
on
date
of
the
purchase price.
prior to the de¬
livery of the bonds the income
received by private holders from
bonds of the same type and char¬
acter shall be taxable by the terms
payment
income tax
Federal
any
law.
the successful bidder may, at
his
election, be relieved of his obliga¬
Schu¬
tions
bert, Chairmaif-of the Newark
Housing Authority, announced the
■plan.
the
under
contract
to
pur¬
chase the bonds and in such
.
the deposit
will
be
case
accompanying his bid
The
returned.
bidder will be furnished with the
opinion of Hawkins, Defafield &
citing-r. the
City's im¬
Longfellow, of New York, that the
finaWial condition and
bonds are valid and legally bind¬
promising a'7*~S'iibstantial reduc¬
ing obligations of the Borough.
tion" in Newark's 1945 tax rate is
Enclose
a
certified
check
for.
enclosed with" bach fax bill for the
first half of ! 1945 being, mailed $1,880, payable to the Borough.
Murphy
the
South Orange, N. J.
city's property owners, as
follows:
,7';
Bond
Sale—The
$27,000 park
"Dear Taxpayer: Allow me, as
bonds
offered
Dec.
18—v.
160.
your mayor mtd director of the
p. 2453—were awarded to M. M.
Department ofiRevenue and Fi¬ Freeman &
Co., Philadelphia, as
nance, to present your prelimi¬
1.20s, at a price of 100.28, a basis
nary tax bill for-1945.. The law reof about 1.158%.
Dated Jan. 1,
quires that tKOffi be based
tne currervt tax rate of $5.30, bu„
194S< ancl due Jan'
as foUows'
$2,000 from 1946 to 1957, incl., and
I am confident that the tax rate
$3,000 in 1958. Other bids: Camp¬
for 1945 will be substantially re¬
bell,
Phelps
&
Co.,
1.20s,
at
duced.
This will be reflected in
100.009; H. L. Allen & Co., 1.40s,
your bill for Ae* second half of
100.18; J. S. Rippel & Co., 1.40s,
1945.
77
. •■;
f
orAf*4aDO™
,
"Since
control
100.02.
1938':^hen
of
your
>..7:777:..77\7,7,,::^7"-7 7
I assumed
-tax department,
the bonded debt has been
reduced
$36,176,602.
THis debt, created
during previous, administrations,
has been paicLqff during the last
eight years. - During this same pe¬
riod no new bonded debt has been
incurred.
The^ayment of the
bonds has resulted in a reduction
Washington, N. J.
Bond
1938,
materialj^reduced,
never¬
theless, 90% of ..the taxpayers are
paying less tax®? in dollars and
cents than
they^^d in 1938, when
Ordinance
Common
passed
Council
an
Pending—The
is said
ordinance
on
to
have
first read¬
ing calling for the issuance of
$16,000 War Memorial and Mu¬
nicipal Building purchase bonds.
NEW
awarded
were
*.77
20,
First
100.05 for Is
Ohio
'
Dee.
on
&
Co., Cleveland; Fox, Reusch &
Co., Cincinnati, and Ryan, Suther¬
1
from 1945 to 1.947 inclusive.
land
Bond Sale—The
school
Dec.
building
19—v.
awarded
of
Bank
Albuquerque, N. M.
Treasurer
Albert
G.
North
1946
high
bid
&
Bakers-
Norman
City
Linder
an¬
purchase
of
$1,000.
O f f
Denomination
i
e r
n
g—Howard
E.
ceive
sealed
bids
-until
re-*
noon
on
Dec. 23 for the purchase
of $19,500
3% fire department bonds. Dated
1, 1945. Second high bid of par
Dec. 1, 1944. Denomination $1,950.
for $17,500 His and $16,500 l&s,
Due $1,950 011 April 1 and Oct. 1
a net interest cost ot about 1.428%,
All of the bonds are dated Jan.
made
was
First
by
from
Securities
1946 to 1950
A-O.
terest
Corp., Durham, and Vance Securiaies Corp., Winston-Salem, joint¬
different
ly.
a
Carolina
November
of)
(State
Year Ago—Revenue collec¬
tions
in
State's general
the
of 1%.
fund
tor.
Lower
—J.
Gill, Commissioner of the
of Revenue, an¬
Collections
for
the
White
7'V
&
.
;
/■'
Feature
Market
Co., Cincinnati,
Dec. 20 as follows:
Ohio
municipal
market
on
continued
to¬
taled $22,067,602, against $21,639,306 in the same period of 1943.
Sales taxes produced $1,984,922
in November, compartd with $1,-
firm
the
during
past
week, with the most apparent
strength in the lower grade names.
Our indices of the yield on, 20
Ohio bonds and for 10
Ohios
previous, and
beverage taxes, yielding $478,806
against $388,795, were also up.
the
A.
The
5-
period ended- Nov. 30
852,089
;7.77.;;■..',:7;
Grades
reported
Department
nounced.
A certified check for
7,0/u'o (State of)
418 in the same month a year ago,
month
a
of
interest, ex¬
multiple of one-quar¬
■';;/ 77.;v f>
during November amounted to
$4,387,272, compared with $3,753,Edwin
bit¬
name
$250, payable to order of the village, is required. Bonds will bear
the approval of the Village Solici-
Higher
Revenues
Than
may
rate
ter
North
inclusive,
Bidder
pressed in
year
high grade
today 1.34% and 1.18%,
are
both unchanged from a week ago,
while the index for 10 lower
Sales tax revenues in the 5-month
bonds
period of this year were $8,621,$8,055,850 in 1943. Bever¬
further
bit
grade
the
The
yielded $1,977,836 in the
months^ compared with $1,905,101.
age taxes
tax
amounted
vember
in
revenues
$1,962,967,
against $2,093,706 the preceding
year, and totals for the 1944 and
1943 5-month periods were $9,626,186
and
$9,508,414, respec¬
tively.
77:
Randolph County (P. O. Asheboro), N. C.
Bands Authorized—A resolution
is said to
have been
adopted
between
the
high grade bonds
the lower grade bonds now
stands
at
the
on
reached
This
.32%.
difference
low
point of .29% in
April, 1944. After the invasion of
Europe began, and people came
to expect an early end to the war,
the
a
spread
between
widened to .36%.
;'\/77"7 7-7.77,
during
and on
No¬
to
a
difference
•
yields
five
Gasoline
rose
week, the yield declining to
1.50%, from 1.51% a week ago.
738 and
indices
the
In recent weeks
expectations of a longer war have
been
more
widespread and the
difference in yields between high
grade and lower grade bonds has
re¬
declined to
by the County Commis¬
sioners authorizing the issuance of
.32%.
cently
Perrysburg Exempted School Dist.
(P. O. Perrysburg), Ohio
'
$50,000 road and bridge bonds.
100.27
IV2S
for
was
made
bonds offered for
sale on Dec. 15—v. 160, p. 2702—
were awarded to Braun, Bosworth
& Co., and Stranahan, Harris &
Co., Inc., both of Toledo, jointly,
as
iy2s, at a price of 101.307, a
basis of about 1.38%.
15,
Due
1944.
to
1968.
on
Interest
Dated Dec.
Oct. 1 in 1946
payable
of¬
Sutherland & Co.;
Fox, Reusch & Co., and William
J. Mericka & Co., of 101.14 for
fer
by
OHIO
by Ryan,
1V2 % bonds.
Ashland City
Sch. Dist.
Ashland), Ohio
is
(P. O.
stated
■
■■
Youngstown, Ohio
.7:7"."
"List
by
A-O.
Second best bid was a joint
E. J, Prescott & Co.
Voted—It
$387,000 semi¬
annual building
Washington), N. C.
Bond Sale—The $10,000 refund¬
ing
bonds
offered
Dec.
19—
v.
160, p. 2702—were awarded to
First
Securities
Corp., Durham,
and Vance Securities Corp., Win¬
ston-Salem, jointly, as H/fes, at a
price of 100.478, a basis of about
1.442%.
Dated Jan. 1, 1945, and
due Jan. 1, 1654.
Second high bid
(P. O.
of
Sale—The
Bond
Washington Public School District
■
v
Bids—Following are the
unsuccessful bids for the $18,000
Of
final
bonds
awarded
of
Dec. 7 to J. A. "White &
Co., Cin¬
Education, that at the Nov. 7
353-L,
Dec. 15
of
4,946 to
1,699, the issu¬
$125,000 library construc¬
tion bonds.
office.
bond coupons
presentation to
paid upon
the City Treasurer:
letter
22" by
...
judgment
mium
28,
bids
d
Claggett, Village Clerk, will
6,000 IV4S, due $3,000 on Jan. !
in 1954 and 1955.
cinnati,
No.
e
Medina, Ohio
Bond
count of
District
bonds.
Is, due $3,500 on Jan. 1
from 1946 to 1953 inclusive.
ance
will be
1
Dec.
Dated Dec. 15, 1944.
election the voters approved, by a
following
e a
until
Holderness, Village Clerk,
at
that Special Rev. Paving
The
Inc.,
Co., jointly.
Offered—S
Wilkesboro,
No.
called for payment on
incl.
for
Stranahan,
and Braun,
for the purchase of $25,000 3 V2 %
semi-annual water works system
Northwestern
District
at his
101.374
Co.,
received
were
nounces
was
1965,
of
by
JJ,
all
"
on
Jane Meuser, Clerk of the Board
—
13, bond No.
due
Manchester, Ohio
Bonds
100.049,: a net interest cost
about 1.068%, as follows:
$28,000
1.468%.
and
to
made
was
Harris
2702—were
p.
the
from
Bosworth &
$34,000 coupon
bonds
offered
160,
to
1944,
1,
1
13/4S
D/as,: at
as
basis of about
Second
1, 1944. Second high bid of 100.005
$8,000 3s and $12,000 2s, a net
cost of about 2.18%, was made by
Branch Banking & Trpst Co.
Mitchell County (P. (
ville), N. C.
Toledo,
Co.,
a
Nov.
Nov.
for
MEXICO
Paving Bonds Called
Dated
All of the bonds are dated Dec.
"
&
100.324,
1954 inclusive.
1948 to
Bond Sale—The
$225,000 build¬
ing bonds offered Dec. 19—v. 160,'
p. 2454—were awarded to a group
composed of William J. Mericka
jointly, at par, a net interest cost
of about 2.104%, as follows:
$6,000 5s, due $2,000
made by Straiia-
was
Cuyahoga Falls City School Dist.,
Securities
Durham, and the Vance
Corp., Winston-Salem,
Corp.,
1946
han, Harris & Co., Inc.
refunding bonds
to
follows: $18,000 from
as
to 1949 incl. and $17,000 from 1950
to 1955 incl.
Second high bid of
Securities
Bonds
Of $1,314,515 in ihe amount of in¬
terest the city~7pays on its out¬
standing debt each year.
!
"During this ^ame period since
100.528, a basis of about 0.91%.
Dated Dec. 20, 1944 and due Sept.
19—v. 160, p. 2702—
offered Dec.
successful
proved
.o
all
and
CAROLINA
water and sewer
complying with the terms of
sale and
of
tribution of
of
the
In the event that
post-war housing program. It is
expected that;~tfie local agency
will issue 60-year bonds to finance
entire cost of trie, project and will
request
state
for
than
cept the
Projeci—me
thor ity
must
the bonds, which
shall be not less than $94,000 nor
der
resulted in th# approval of
Plans
C,
1941,
Clinton, N.C,
the bonds will be sold to the bid¬
Cedar Grove), N. J.
Nov.
to
a
$95,000.
As between
legally acceptable proposals spe¬
cifying the same rate of interest,
JERSEY
been
now
77/7'77'',
1960.
in
more
Commissioners.
are
1, 1944.
amount bid
7,777;7> 777:;
■
because of my revaluation
program, the ratables of the city
have been reduced by $138,000,000.
While thr'tax rate has not
suits
Dec.
Each
County
the
1,
Bond Sale—The $20,000 coupon
pay¬
$1,000.
Due on Dec.
multiple of % or one-tenth
of 1%, and must be the same for
all of the bonds.
Principal and
interest payable in lawful money
at
the
Oaklyn National Bank,,
Oaklyn. No proposal will be con¬
sidered
which
specifies a rate
higher than the lowest rate stated
in any legally acceptable proposal.
reports that the $61,000
procedure of the City Council of
Omaha in creating the Commis¬
sion and the appointment of the
These
V-k%,
exceed
$15,000 in 1955 to 1959, and $19,be in
swimming pool bonds sold to Bosworth, Chanute, Loughridge^ Co.
Denver, a^Lls*,' at a price of
100.311, v. 160, p. 2583, are dated
Jan. 1. 1945, find' mature on Jan.
1, 1955; redeemable after 5 years,
giving a basts. of about 0.94%.
Principal and -interest (J-J) pay¬
groups
Nebraska Power Co. In the
|
000
Sale,Retails —The City
Bond
letter
7:t '.
■
Stuart & Co., as Is, at par plus a
of
$918.72,
equal
to
premium
49,
May
NORTH
Denomination
r
non-profit
corporation organized by a group
of Cmaha citizens was the subject
to
i 1, as follows:
vly,
North Platte, Neb.
American
by
J-D.
Dated
common
•' '*.
is not
able
group.
J.'-1.
Dec.
rate
asking -for an investiga¬
into >
No.
due
from
received
be
be
7
on
Control
Omaha
by
of the
sale
(State of)
Company
we,
condemned:Lv. '•. V7.
' 7v
Mayor DanyButler is reported
to have sent -a telegram to the
properties
Bonds Voted—An election held
Nebraska
District
V;; Oaklyn, N. J.
May 15 to,, vote on whether
company s
Omaha.
Bower
budgetings,
and
14,000 l3/4s, due $2,000 on Dec. 1
of
County Cons. Sch. Dist.
Lancaster
No.
Nov.
careful
1936,
.
coupons
Bond Offering—Sealed bids will
der Corp. of
1,
by
May, 1,
due
coupons
prior.
special elec¬
Nebraska
Bonds Sold—The Wachob-Ben-
,
should
the
tion
Gordon, Neb.
.•777;
proceedings against Ne¬
Coproperties. The
tion on
.
will keep our city on a sound fi¬
nancial footing."
!
braska Power
mission
$3,000 in 1954. Interest 1VI-N.
and,
instituting condem¬
ordinance
an
Schweser Co. of Omaha has pur¬
chased
The
ordinance calls, foe a
Robert
The
—
.
Dec. 12 voted
Franklin, Neb.
Bonds
OmahaJ City Council on
dx'-.o-one to adopi
State.
Corp. of Omaha. Dated Nov.
1, 1944. Denomination $1,000. Due
$1,000 on Nov. 1 from 1943 to 1953
inclusive. Interest M-N.
7;"
/
operated by munic¬
power district author¬
or
ities which
chased recently by Wachob-Bender
shall further reduce the large debt
created by former administrations
be owned and
ipalities
bonds was pur¬
refunding
atCsubdivisions of the
'77|i;77,1V17*/;;i'
oi N'ebiaska Power Co.
properiy
by a public body, all electric util¬
ities in the State of Nebraska will
City, Neb.
Bonds Sold—An issue of
2
! "You have contributed substan¬
tially to the present sound rinancral position of the city by your
prompt
payment of taxes,
for
which
I
express
my
persona]
thanks
and also for my col¬
leagues of the City Commission.
Working together in this way, we
,
2799
prior.:' 7
With their assessments.
owners
,
1954. Interest J-D.
Dakota
legislation in the Janu¬
•
1944. Denomination $1,000.
Due Dec. 1,
was $4.61.
The tremen¬
steady reduction in the tax
appeals since 1939 is an indication
01
the satisfaction
of
property
session if|xjen; action becomes
necessary. '.
' Cl 7
'■
.7
Upon the acquisition
of the
Dated
bonds.
paving
rate
dous
ary
der corp. of Omaha recently pur¬
chased an .issue of $76,000 4% in¬
tersection
the
questing the, Nebraska Legislature
clarify the,; legal situation by
to
/...
Bonds Sold—The Waehob-Ben-
Dec. 1,
COMMERCIAL & FINANCIAL CHRONICLE
THE
Number 4345
160
Columbus
City School Dist., Ohio
Bond Sale—The $174,000
build¬
ing bonds offered, Dec. 19—v. 160,
p. 2591—were awarded to Halsey,
basis
IV4S, at par plus a pre¬
$116, equal to 100.64, <a
1.09%, as previ¬
as
of
of
about
ously noted in these columns :in v.
160,
p.
2591:
Bidder—
Ryan, Sutherland & Co.
The Ohio Company——
Int. Rate
1*4
IV2
Premium
$81'.00
90.00
(The earlier report in our issue
Dec.
of
to
4,
page
2454,
been sold on
a
had
of Dallas, and will be paid, includ¬
Indep. Sch. Dist., Texas
The
$7,500,000 ing principal and interest, to date,
school bonds offered Dec. 18, v, being Feb. 1, 1945. interest ceases
leged that refunding of electoral
bonds is unauthorized and con¬ 160, p. 2455, were awarded to a on that date.
headed
by
Lehman
trary to the municipal borrowing syndicate
Wood County (P. O. Quitman),
Bros, and Halsey, Stuart & Co.,
law of the city.
Texas
Inc., both of New York, at a price
West Homestead, Pa.
Bond
Call—County Treasurer
of 100.002, a net interest cost of
Bruce Lloyd announces that the
Bond Sale—The $50,000 funding about 1.9046%, as follows:' 1
bonds offered Dec. 18—v. 160, p. $3,250,000 2V2s.
Due $250,000 on County has exercised the option
Revised
2703—were
awarded to Singer,
Feb. 1 from 1946 to 1958, in~ granted by Article 720.
Civil Statutes of the State, 1925,
Dearie & Scribner of Pittsburgh; ;
elusive.
to redeem on Feb. 1, 1945, out¬
:
as Is, at a price of 100.355, a basis
250,000 2s. Due Feb. 1, 1959.
;
of about 0.933%.
Dated Dec. 1,
4,000,000 l%s. Due $250,000 on standing 4%%" bonds of the issue
Refunding
Feb. 1 from 1960 to 1975, in¬ of Road and Bridge
1944, and due $5,000 on Dec. 1
from 1945 to 1954, incl., Second
clusive.
%' bonds, Series 1928, dated April
15, 1928, numbered 1 to 70, in
All of the bonds are dated Feb.
high bid of 100.236 for Is was
made by Blair & Co., Inc.
1, 1945. The underwriters made denomination of $1,000 each, ag-^
maturing
formal re-offering of the bonds gregating $70,000, and
SOUTH CAROLINA
April 15, as follows: $1,000 in 1937
on Dec. 19 at prices to yield from
C.50%
and accrued interest for to 1944, $2,000 in 1945 to 1954,
Columbia, S. C.
the earliest maturity to 2% and and $3,000 in 1955 to 1968.
Vote on Utility Deal Cancelled
accrued interest for the final ma¬
Said bonds shall be presented to
—The city called off a' special
Central
Hanover
National
turity. It was announced that the the
election scheduled for Dec. 12, at
entire issue had been sold at the Bank & Trust Co., New York City,
which voters were to pass on the
close of business on Dec. 18.
successor to the Hanover National
proposed purchase by the mu¬
Underwriters—In
addition
to Bank, where they will be re¬
nicipality of the properties of the
Lehman Bros, and Halsey, Stuart deemed at par and accrued inter¬
Houston
offering on Jan., 4, be
The complainants al¬
for
uled
the
that
Sale
Bond
restrained.
Nov. 29
firm other than J. A. White
bonds
—
.
.
Co., was erroneous.)
&
\
OKLAHOMA
Cuymon, Okla.
Election—At an
Bond
asked
consider
to
an
and
construction
•
sewage
Due in 10
disposal plant bonds.
years; ■:
.
exceed 6% interest
$50,000 not to
sewer
\
election
will be
issue of
voters
the
27
Dec.
on
"
:
-
_■
Consolidated Sch.
Washita County
(P. O. R. No. 1,
Cloud Chief), Okla.
Dist. No. 8
Details—The $6,000
Sale
Bond
bonds recently pur¬
chased by J. E. Piersol Bond Co. of
Oklahoma City, as noted in v. 160,
p. 2454, are divided as follows;
$3,000 1.65s, due $1,000 from 1947
equipment
inclusive.
to 1949
Due $1,000 from 1950
3,000 IV2S.
inclusive.
to 1952
,
,
...
Carolina
South
OREGON
Company
Hillsboro, Ore.
Bonds Voted—At a recent elec¬
tion the voters
approved
an
issue
$50,000 swimming pool bonds
a post-war project,
of
as
Lafayete, Ore.
Voted—At an
Bonds
held recently
':
v
;v
(P. O. Portland), Ore.
Sale—The $9,000
semi¬
annual school bonds offered for
Bond
160, p. 2591—
Dec. 14—v.
on
Gas
and
Electric
unit in the Asso¬
a
and Electric Corpora¬
Gas
tion system.
'
purchased by Fordyce & Co.
Portland, the only bidder, ac¬
cording
to the. District Clerk.
Dated Dec. 15, 1944.
Due $1,000
Claremont, S. D.
Sale—The
Bond
$6,000 coupon
street improvement bonds offer¬
ed
for
sale
of
Co.
according
Minne¬
the
to
Clerk." Runner-up
160,
by the
purchased
Allison-Williams
apolis,
14—v.
Dec.
on
2455—were
p.
Town
First
the
was
State Bank of Claremont.
1946
15,
1954 in¬
to
clusive.
Treasurer
payment
and accrued in¬
his office, all of the
city's outstanding refunding im¬
provement bonds, dated Jan. 1,
Jan. 1, at par
at
terest,
1936.
should be
Said bonds
sented
—Purchase
of
Bonds
the
by
Walter
Newport, Ore.
Bond Call—The City
for
matured
pre¬
payment with all un¬
attached.
coupons
Washington County School District
(P. O. Beaverton), Ore.
No. 48
Purchaser
—
The $30,000 school
bonds sold on Nov. 29 as
100.50,
a
noted
in
lVzs, at
basis of about 1.38%, as
v.
160, p. 2591—were
State
included
reinvestment of $6,850,000 in % %
Treasury certificates maturing in
one
year, at a premium and ac¬
crued interest profit of $30,453,
these
and
in
IV2S
was made by
Portland.
purchases
additional investments
this type of
security: Highway
Commission, $750,000; Game and
Fish, $400,000, and the1 Cement
Commission, $50,000.
~
The
Department bought an ad¬
ditional $1,060,000
of long-term
21/2% bonds.
Maryville, Tenn.
Sale Details—It is
Bond
stated
that' the
refunding of 1945
Recorder
the
City
1%%
by
bonds sold to the Bank of Mary¬
Ambridge, Pa.
*
Bond Sale—The issue of
$50,000
bonds offered Dec. 18—v.
160, p. 2702 — was awarded to
Moore, Leonard & Lynch of Pitts¬
burgh, as 1V4S, at a price of
100.588, a basis of about 1.196%,
Dated Dec. 1, 1944 and due Dec. 1,
as follows:' $8,000
in 1949; $6,000
in 1953 and 1954, and $5,000 from
coupon
Second high bid
was made by
1955 to 1960 incl.
of
101.68
for
ville, at a price of 101.82, as noted
here—v, 160, p. 2592—are due on
Jan. 1 as follows: $2,000 in 1946,
$1,000 in 1947, $2,000 in 1948, 1950
1951, $10,000 in 1952, $15,000,
1953, $11,000, 1954, and $10,000 in
1955. Prinicpal and interest (J-J)
payable at the Bank of Maryville.
Sale—The
$130,000
re¬
18—
2702—were awarded to
a group composed of E. H. Rollins
& Sons,
Stroud & Co., both of
Philadelphia;
Glover
&
Mac-
v.
160,
•
Cunningham & Co.,
maturity beginning Feb. 1, 1951.
Pittsburgh, Pa.
Bond Offering Opposed—A tax¬
payers' bill naming the City of
Pittsburgh, the Mayor and the
City Controller has been filed in
the local
Common Pleas Court
asking
Michigan Corporation, Chas. E.
Weigold
&
Co.,
Inc.,
Merrill
Lynch, Pierce, Fenner & Beane,
Geo. B. Gibbons & Co., Inc., Paul
H. Davis & Co., Chicago; Hornblower
& Weeks, Laurence
M.
Marks & Co., P.
S. Dickson & Co.,
Inc., Francis I. duPont & Co., G.
Walker & Co., Charles Clark
Co., Otis & Co., Inc., The RanCompany, Inc., The
Milwaukee Company, Fort
^orth
(Texas) National Bank, Louis B.
Henry,
Dallas,
(Texas); Union
Trust
Co., Stroud & Co., Inc.,
Charles
that the
issuance
refunding
bonds,
of
$1,-
sched¬
White
B.
&
Co.
(Hous¬
ton), Chace, Whiteside & Warren,
Inc., Crouse, Bennett, Smith &
Co.,
Brothers & Co.,
& Co., Inc.
Stern
and
Rauscher Pierce
Additional Bid—The district re¬
ceived
other bid for the
one
bonds,
headed by Harriman Rip¬
Co., Inc., offering 100.104
for
$2,250,000
2%s,
$3,250,000
l%s and $2,000,000 2s, making a
a
1.26%,
Legality approved by Chapman &
Cutler of Chicago.
&
interest
net
of
cost
I.92985%.
Associate
the
were:
Trust
group
Northern
about
members of
Blyth & Co.,
Co.,
Chicago;
Mercantile-Commerce
Bank
&
Co., St. Louis; Union Se¬
curities Corp., New York; Lee, Higginson Corp., Alex. Brown & Sons,
Eldredge & Co., Spencer Trask &
Co., E. H. Rollins & Sons, Inc.,
C. F. Childs & Co., Mullaney, Ross
&
Co., Dempsey & Co., Ryan,
Sutherland & Co., Fox, Reusch &
Co.,
Kebbon,
McCormick & Co.,
First National Bank of Minneap¬
olis, First National Bank, St. Paul;
Townsend, Dabney
Kenower &
Harris
Co.
County (P. O. Houston),
T exas
TEXAS
Bond Offering—Sealed bids
an
election
on
Dec; 5 the voters
of
sue
approved an is¬
$100,000 airport bonds.
•
Corpus Christi, Texas
Bond Issue Details
—
Cjty Con¬
provement bonds authorized at an
election
Dec.
on
Nov. 25 will be dated
1, 1944 and mature June
1
follows:
as
$250,000 in 1945 and
1946; $50,000, 1947 to 1951 inclu¬
sive; $100,000 in 1952; $150,000
in 1953 and 1954, and $175,000 in
1955 and 1956.
taken
fering of $9,000,000 bonds.
Maverick County (P. O.
No action has been,
yet with respect to mar¬
keting the issue.
In
connec¬
tion with the call for tenders
Dec.
15
of
2%-4%
on
refunding
bonds, Series of 1940, it is report¬
H. Manning, City Secre¬
tary, that the city purchased $38,ed by L.
278.
where
at the
Interest
holders.
the
Eagle
sue
of $150,000
approved
an
is¬
UNITED STATES
United States
Record Prepared
Indep. School District
(P. O. San Antonio), Texas
Bonds
Sold—It
is
of Debt Change
view of the
in Largest Cities—In
anticipated expansion of munici¬
pal operations in the post-war
period, the study of debt produc¬
from
tion
1935
1944 of
to
stated
our
91
largest cities, just issued by Blair
by
&
Co.,' Inc., is
The
both timely
Trust
Northern
—The
Chi¬
Co.,
cago, has published a revised edi¬
tion of the pamphlet originally is¬
in
sued
1936, entitled "The Tax¬
of State and Municipal
ability
Bonds,"
provi¬
forth the
setting
sions of the laws of each of the 48
States
with respect to exemption
local
from
personal property and
State income taxes of bonds issued
by
the
and their
States
several
000
this data,
compiled as of Oct. 31,
1944, to both dealers and invest¬
ors
in
municipals is at once recog¬
varying treat¬
nized in view of the
ment accorded
tions
pfUblic debt obliga¬
by the States.
UTAH
University of Utah (P. O. Salt
Lake City), Utah
Bonds Called—Secretary
Board
of
Regents, L, D. Garrett called
for payment on Dec. 1 all out¬
standing University Field House
population,
more
or
reflects
it
which
Bank, Salt Lake City, at the rate
of par, together with all accrued
All interest coupons ma¬
interest.
turing subsequent to Dec. 1, 1944,
attached
be
to
presentation
terest
basic
trends
fact that the total
cities represents
73.1% of the total debt of all cities,
of
the
91
villages and boroughs of
the United States, and 52.8% of
the total public debt, Federal and
State indebtedness excepted.
Probably
terest
of
Director
in
Even more reductions
direct
net
are
shown
debt
basis, with 85 cities registering
reductions as against six report¬
ing
increases.
The
extent of
change in this category, however,
net
a
plus
overlapping
is narrower—the
Dec.
and
greatest increase being 28.0%.
extent of these changes is
of
12.
';;
Danville, Va.
■;
Bond Sale—The
semi-annual
$250,000 coupon
general improvement
bonds offered for sale
160,
Dec.
on
15
awarded
& Savings
2342—were
p.
Harris
the
to
Trust
Bank of
Chicago, the Central Na¬
Bank
of
Richmond, and
tional
A.
Webster Dougherty & Co. of
Philadelphia, jointly, as 1.20s, at
a
price of 100.89, a net interest
cost
Dated Dec.
of about 1.13%.
15, 1944. Due $10,000 from Dec.
15, 1945 to 1969 inclusive.
WISCONSIN
Sparta, Wis.
indi¬
maximum
vidual reduction being 68.5%
The
on
Ih-*
Finance,
of
issue
an
—v.
debt, while 10 reflect increases—
these changes ranging from a de¬
crease of 78.7% in one case to an
increase
of
104.2% in another.
the
bonds
reports
$500,000 water
improvement bonds was approved
by the voters at an election on
that
on
cities,
Of the 91
reductions
show
striking in¬
most
the findings shown
are
debt reduction.
on
said
surrender.
date called.
on
Bonds Voted—James E. Bowen,
Jr.,
towns,
81
to
and
ceases
Charlottesville, Va.
except
is shown by the
debt
.
Payment of said bonds was to
be made by the Treasurer of the
University, at the First National
and
Washington, D. C., and the extent
to
of
The value
subdivisions.
local
VIRGINIA
Council
on
of
sue
City
Authorized —The
Bonds
Dec. 5
approved an is¬
memorial
$50,000
bonds.
-•
park
.V.1
pronounced when con¬
against the performance
even more
sidered
of all the cities as a group,
shows
debt
a
of
in
reduction
15.8%
and
which
direct
net
of
overlapping debt of 18.3%.
Property values among the sev¬
eral groups of cities, which are
classified by size, also show con¬
siderable variation, with the over¬
all trend for hll cities under re¬
view
revealing
to
a
decline
recovery
in
as¬
from peak
1935, and a subsequent
of 4.4% to 1944.
A review of the total tax
(adjusted)
of three' cities
are
rates
shows
given, 51 have increased
1935, while 32 have declined,
and one remains unchanged. Tax
since
rates are also
summarized for the
the
a
show
wide difference in performance,
250,000 to 500,000 population
cities showing the best rec¬
ord with an increase of but 1.7%,
group
as
compared with the largest in¬
of 22.6% for the 500,000 to
crease
1,000,000 group of cities
Detailed tables for each of the
cities
bonds, series 1938, Nos. 21, 62, 66,
67, 71, 72, 73, 75, 76, 83, 85, 94, 95,
109, 117, 137, 138, 139, 166 and 176,
are called for payment on Feb. 1,
1945. Funds covering the princi¬
pal and interest of these bonds
from
will be in the First National Bank
tax
direct
the differ¬
years;
population changes
1930 through 1943; property
show
bonded
overlapping,
and
ent
debt,
for
values, both assessed and actual,
and the change in adjusted total
rates for
Ottawa, Ont.
and
net
$30,000 stadium bonds were pur¬
Spearman, Texas
Bond
Call
City
Clerk
Leo
Dacus announces that refunding
Municipals Un¬
Analyzed
of
significance of this study,
several groups of cities and
& Co. of Dallas,
as
follows: $26,000 as l%s, and
$4,000 as ll/zs.
Status
Tax
der Various States Laws
which embraces all cities of 100,-
Bailey Peyton, Business Manager
of the Board of Education, that
chased by Garrett
capita basis—for both
overlapping indebt¬
per
of unusual interest.
ures
San Antonio
a
edness.
bonds, consisting of all bonds in
date called.
that of the 84 for which 1944 fig¬
hospital bonds.
on
net debt and
series K to
levels
—
Edinburg, Texas
—
of
on
1944; in addition to the ratios of
1944 debt—to assessed values and
the Capital
Austin,
presented
be
may
ceases
as
Bonds Purchased
Bajnk,
sessed values of 23.0%
Pass), Texas
Bends Voted—At an election on
Nov. 25 the voters
troller H. S. Lowrey reported that
the $1,500,000 2% Bayfront Im¬
will
Jan. 10 on an of¬
be received on
Brenham, Texas
Bonds Voted—At
they
option
group
ley
Net income basis is about
bonds offered Dec.
Singer, Deane & Scribner, and
Moore, Leonard & Lynch, all of
Pittsburgh, as 214s, at a price of
100.43, a basis of about 2.16%.
Dated Feb. 1,1945, and due Feb. 1,
as
follows: $8,000 from 1946 to
1961, incl., and $2,000 in 1962.
Bonds callable in inverse order of
500,000
&
& Tyson, Martin, Bunis &
Corbett, • Newburger
&
Hano,
McClung & Knickerbocker, Peters,
Writer & Christensen, and Miller.
p.
Gregor, S. K.
Blodgett,
and
National
Co.,'Stranahan, Har¬
Company, Inc., First of
1V2 s
Conemaugh Township School Dist.
(P. O. Davidsville), Pa.
Webster
&
Stone
Inc., Salomon Bros. & Hutzler, B.
J. Van Ingen & Co., Inc., L. F.
J. M. Dain & Co.,
■
funding
&
and
Singer, Deane & Scribner of Pitts¬
burgh.
; vv:
Bond
&
Fenn
Trust
TENNESSEE
$55,000
PENNSYLVANIA
Public
and
School
State
Lands
by the First Security
Bank of Beaverton. Second high
Chas. N. Tripp Co.,
State
the
Committee.
War Finance
The
of
holders
of
Bank
son-Davidson
$9,100,000 of War
State was
an¬
1 by Chairman
Burke
H.
convenience
For
take up these; bonds at
H.
(State of)
Dec.
on
purchased
bid of par for
Dakota
$9,100,000 War Bonds Purchased
nounced
is said to be calling for
on
South
est.
arrangements have been made to
Chemical
Trust Company, Phelps,
Co., Blair & Co., Inc.,
&
of
Dec.
Co., Inc., the successful group
ris
were
from
&
included the following:
Rothschild &
DAKOTA
election
Multnomah County Sch. Dist. No.45
sale
Corporation,
ciated
Gas
$39,500,000.
South
is a subsidiary
General
the
and
Electric
SOUTH
the voters approved
water system
bonds.
of
'
of $15,000
issue
an
for
Carolina
Electric
Monday, December 25, 1944
■
THE COMMERCIAL & FINANCIAL CHRONICLE
2800
$1,000 from 1935 to
Bond
Sale—A
group composed
Wood, Gundy & Co., Toronto,;
Royal Bank of Canada, of Mont¬
real; Dominion Bank of Toronto,
and
Nesbitt,
Thpmson
&
Co.,
Montreal, was successful bidder
for
the
$54,200 2%% and 3%
sidewalk and pavement and sewer
bonds offered Dec. 19, paying a
price of 101.57, a basis of about
2.25%.
Second high bid of 101
was made
by the Bank of Nova
of
Scotia of Halifax.
The bonds
are
described
as
fol¬
lows:
$48,000 2 Vz % sidewalks and
ments
bonds.
$1,000,
$500
Jan.
as
pave¬
Denominations
$100. Due
$4,400 in
1945 and 1946, $4,500 in 1947,
$4,600 in 1948, $4,700 in 1949,
$4,800 in 1950, $4,900 in 1951,
$5,100 in 1952, $5,200 in 1953,
and $5,400 in 1954.
6,200 3%. sewer bonds. Denomi¬
nations $500 and $100.
Due
Jan. 1 as follows; $300 in 1945
1
and
follows:
and
1946, $400 in 1947 to 1955,
and
$500 in 1956 to 1959.
1,' 1944. Interest pay¬
Payable at the Bank of
Dated Jan.
able J-J.
NToVa
Scotia, in Ottawa,
and Montreal.
Toronto
@FedFRASER