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dec 3
IUS, ADM.
LIBRARY
1945
MONDAY
d*a
Reg. U. S. Pat. Office
Volume 162
New York,
Number 4443
General
RAILROAD
Abbott
Laboratories—Earnings—
9 Mos. End. Sept.
"Net
profit
"After
J
share
;
com.
charges
and
0
•'
*$2,393,382
•f$2.62 „/
,
Federal
,1 $2.80
;
stock;
Midco
t$2.00
755,519 shares of
tOn 849,858 shares of common stock.—V.» 162, p. 2009.
Period Ended Sept. 30, 1945—
Net
Federal
Net
•
Income
profit
"Earned
:
In
Quarter
R.
9 Months
of
opinion
of
was
drilling operators
that
stated
enlarged.—V.
162,
the
,
Midco
that
designed
line
buses
in
oil
com¬
Mid-Continent
the
p.
area.
larger
will be enlarged to about
manufacture, of additional oil field
<//
2265,
Federal
for
refund
profits
excess
the
of
bus
had
week3
been
in
r-.;; -' -•
^
This
completed and production of
first delivery of intercity,
way
for
It
New York Stock Exchange
/-
'
•
New
-Boston
Mr. Monroe, has been under
time and 124 vehicles have already been delivered this
expected that 51 more will be shipped before Dec. 31.—
665.
V. .162,
p.
The'
New
York
of
capital
shares
The
Chase
pointed
Stock
has
Exchange
stock
National
Bank
Transfer Agent
of
authorized
the
listing of
of
the
the City of New York has been
capital stock of $1 par value.—V.
per
directors
share and
the
on
$1
Nov.
and
Oct.
increased
23
the regular
30,
1,
quarterly
dividend
extra
an
dividend
of 62Va
March 1, 100% in
dividends of 62 y3
162,
of
...
Exchange...
Net
per
share
stock;
cents
share
per
on
Stock
Exchange
2
call
The
of
40
voted
Aetna
Stock Exchange.........
Stock
a
Casualty
share
this
share,
company
on
Nov.
increase
of
10
an
&
Co.,
Surety
an
A
2672
Transactions New York Curb Exchange...
2659
and
Bond
Averages
an
extra
mileage
1944...
dividend
State and City Bond Offerings and Sales..
a
Profit
2699
Redemption Calls & Sinking Fund Notices 2678
Dividends Declared and Payable.
2678
Foreign
Clearings
Gross
per
Cn
of
and
share
the
capital
record
made
on
the usual
stock, par
Dec.
15.
Jan.
2
1945.
and
dividend
of
25
cents
quarterly dividend of 75 cents per share
$25, both payable Jan. 2, 1946 to holders
Special
July
2,
distributions
1945.---V.
of
161,
p.
25
each
cents
2325.
'
after
Transferred
'
%
Federal
Manufacturers
the common
registrar for
:
Aireon
Trust
Corp.—Registrar Appointed—
Co.,
stock of $1
Manufacturing
Plant—
New York,
par
Corp.
N.
Y.,
has
value.—V.
been
162,
Subsidiary
—
p.
;
System
Reserve
Earn,
the
Incurred
Federal
„
the
1944
1943
1942
$1,554,382
601,266
$1 ,847,578
$2,050,582
$1,875,488
Net
from
Net
ry.
635,487
1,005,656
936,575
.161,226
136,037
333,747,
126,740
to
From
Gross
railway—-
17,063,162
18,,592,994
19,557,921
15,975,232
be
railway—...
5,977,786
7 ,366,701
9,624,850
7,843,742
from
ry.
income—
1,381,465
1 ,609,514
2,467,254
1,594,459
income—
w
the
for
'
after
oper.
162, p. 2138.
v
Such
2-2600
0427,000
$357,899
$1,478,532
readjusts.
150,000
225,000
$207,899
.-$1,253,532
$0.30
$1.81
:
...
Sept.
from net
and
loss,
30,
sales
other
1945, a loss of $477,503 was
the charges for cost of sales,
depreciation
including
expenses,
results in a $266,000 reduction
however,
The0New
of
common
issuance,rrPursuant t0 a proposed agreement for
the stock of The Arnold Engineering Co., making
shares/applied for.
the
acquisition
total of 1,295,974
a
company
1944
the
the
mation
time..
acquired
Sept.
with
that
cancelled
will
increase
reported
first
under
1944
nine
the
of
As
for
indicate
the
1945
&
Act.
nine
months
provision
no
is
of
1945
under
Certificates of Necessity.
The charges for
subject to increase as a result of a shortening
period as permitted by the Presidential Procla¬
1945.
Such increases, however, should be appre¬
29,
ciably offset by tax and other credits.—V.
162,
p.
1386.
American Colortype Co.—40-Gent Year-End Div.—
>
The
to
enter into an
agreement
per
directors
share
on
on
the
Nov.
20
common
NEW
declared
stock,
YORK
par
a
year-end
dividend of
$10, payable Dec.
40
STOCKS, INC.
DIVERSIFIED
INVESTMENT FEND
PROSPECTUS ON REQUEST
INCORPORATED
New
Bell
Teletype:
NY 1-573
Telephone *
REctor
York
NASSAU
t
2-3600/
-
Security
HUGH W.
Dealers
Association
Philadelphia Telephone
Enterprise 6015
.
»
'
LONG and COMPANY
INCORPORATED
STREET, NEW YORK 5
48 WALL STREET
New York 1-576
saw*5!,
634 SO. SPRING ST.
NEW YORK 5
Bell Teletype
cents
15 to holders
INDUSTRIALS
N. Y.
the
necessary.
of
war
amortization
includes'
RAILS
Members
YORK 4,
may
1944, estimated by applying
to operating results for 1944
•
.
intends
Compan y
NEW
herein
subject
Provision
are
to cover amounts which
first
that
amortization
of
Renegotiation
figures
months
months
are
amortization
of
settlement of
recoveries
1945.
nine
aate,
and
anticipated
reflect
not
from
these
compared
as
the
above
that
previous settlements
to
amortization
the
and
first
that
recorded
facilities
such
at
of
renegotiation
in
for
Depreciation
(3)
i
1945
do
1945
prpfits
of
with Robert M.
Arnold, Chicago, 111., to acquire 500 shares of common stock (no pari,
.The
forecast
as
of
Exchange has authorized the listing of 30,000
stock
(no. par)
on
official notice of
Stock
York
shares
refunded
for
and
estimated
months
for
of
made
been
is
year
nine
effect
shown
expenses
It
for the
Results
the
results,
Stock—Acquisition—*
Results
costs,
the general basis of
,
Allegheny Ludlum Steel Corp.—Listing of Additional
•'
of
first
the
(2)
.
45
HAnover
4,534,000
—
income..—_—
on
ended
deducting
ELECTRONICS
Established 1923
TetKnhnv
1,248,000
DEPARTMENT
cAllen
STREET
471,286
income—
on
post-war
administrative
Kobbe, Gearhart & Company
BROAD
1944
$6,056,817
532,429
provision
profit
has
1—•
Jan.
Net
—V.
railway.—.-..:
oper.
from
1945
;
railway-
from
Municipal Bonds
SO
1945
.
.
capital shs
months
contracts.
war
FLORIDA & NEW JERSEY
MUNICIPAL
for
692,644
on
three
selling,
recoveries
Alabama Great Southern RR.—Earnings-
f
SPECIALIST IH
,
end
for Federal income taxes theretofore accrued, and
after such .credit, the net loss for the quarter amounts to $211,503.
additional
Supply Co., of Oklahoma City, Okla., a subsidiary, which was recently
purchased.
WiUiam F. Bonner, General Manager of Midco, and Dr. C. P. Bon-
taxes
reserve
amortization.
in
Common
Randolph C. Walker, President, on Nov. 20 announced the expansion
-of the plant, facilities and the trade territory of the Midco Tool &
the
—.
and
2513.
Expands
pas¬
reflect
$2,138,327
'
etc
for Federal taxes
to
sh.
per
For
2678
appointed
"
to
amortization..^
and
Net
Air Cargo Transport
The
period
Corp.—Earnings—
Transferred to earned surplus..
2678
Condition Statement of Member Banks of
were
'
and
79,179,691
total of
a
credit
Profit
2678
Banks—
October—
special
a
alone.v
Card
,
depreciation,
and
provision
Post-war
2677
Exchange Rates
Reserve
Gross
declared
Tourist
Combined Condition Statement of Federal
cial Dividend of 25 Cents Declared—14
Tourist Card
a
a
.
_
The Course of Bank
before
Depreciation
,NOTES—(1)
Nov.
with
with
over
9 Months Ended Sept. 30—
General Corporation and Investment News 2633
cents a share;
Agricultural Insurance Co. of Watertown, N. Y.—Spe¬
or.
Mexico
to
admitted
passenger
of 6%
American Bosch
excluding any bonus or overtime earnings, during 1945—V. 162, p. 1882.
The /directors
be
.
airline's
increase
dividend
extra
1945 will receive 5%
of their basic
annual
salary at the rate payable on Dec. 1, 1945,
a
rate which
includes the 10%
increase given recently.
Those who were employed
by the company at any time after Jan. 1, 1945, or -on an hourly
basis, will receive 5%
of the actual amount of money paid them,
;
will
,
1,
Jan.
admitted
be
citizen
Rheinstrom, Vice-President in charge of traffic, said October
was
9.5%, higher than during September and 31.7%
above
.October,
Miscellaneous Features
are payable Jan. 2,
1946 to holders of record Nov. 30, 1945.
again this year
the directors of the Aetna Life Affiliated
Companies have voted additional compensation to approximately 7,000
employees of the organization throughout the country.
Morgan B.
Bralnard, President, announced at the same time.
"Those who have
been in the continuous active full-time employ of the organization on
since
costing $2.10, is a permit allowing the
pleasure. The card cannot 'be issued for
\
for
Mexico,
total rose to 153,842 persons last month,
September and 28% nigher tnaa October, 1944.
The figures do not include overseas operations.—V. 162, p. 2009.
regular quarterly dividend of 621a
cents;
and the
Co., an extra dividend of 40 cents a share and^
quarterly dividend of 25 cents a share.
All these divi-*
basis
Card,
Mexico
reported its planes flew
miles in October, the first monthly
priorities;on plane travel October 15.
\~e
Once
salary
get
Charles
1__ 2659
;
issue
the
and
citizens
The" corporation
an
dends
a
to
S. will
in the U.
company's offices in
only.
Thus it is now'
their credentials without having to
only,
Canadian
Traffic Up 31% in October, 1945—
of
Insurance
regular
Canadian
2659
the
and
pleasure travelers who fly American's
passport.-
Transactions New York Stock Exchange
the
cents
Tourist
visit
citizen will
S.
to
senger
the
of ,50
U.
The
to
American's offices
travelers
trips to
2676
over
dividend
extra
'
consulates.
to
2674
voted
23
cents
such
Mexican
2674
Markets...........
excess,
Inc.—Receives Mexican Privileges
citizens
cards
issue
for
2675
Exchange..2.
$0.97
Federal
for
necessary
873.
p.
States
Mexican
The
Over-the-Counter
"rv', ;/'•'%::
1944, and the regular quarterly dividend of 30
Automobile
the
of
directors
cents
in
a,.u2,817
.
$1.59
considered
was
into Mexico.
traveler
Hartford, Conn.—Declares
'''/'■•/■'
•,
$1,016,338
$1.29
United
business
Extra Dividend—Also Pays Extra Compensation to Em¬
ployees— -
$1,250,328
provision
will
on
Toronto Stock Exchange—Curb Section...
Stqck
Co.,
1,667.878
$1,427,366
$1.81
com:,share__
com;, share..
route
to
2,
777.
p.
Aetjna Life Insurance
2>9o,373
Tourist Cards direct
Flagship
possible
Toronto
July
2,
2,i3u,695
2,972,153
company announces
that, effective immediately, the Mexitian
has extended to American Airlines the privilege of issuing
Mexican
of
Jan.
?222r4«4^3,111,711
2,793,219
Government
2672
2672
Exchange.
Montreal Curb Exchaiige.
-
holders
to
follows;
and April
4,220,585
r
$4,041,652
2,319,708 '
drill,
......
American Airlines,
_J 2671
Pittsburgh
cents
as
3,027,458
profits taxes.—V. 162.
2671
Stock
1942
1943
$4,948,440
^
NOTE—No
The
-Earnings-
—1_.
etc.
per
(& Subs.)
4,095,089
.
Earns,
irns.
~.L 2669
2670
,
shares
$6,487,063
profit
....
2669
*
such
$6,530,506
4,147,549
deplet.,
expenses,
Canada
ap¬
50
cents
1946
Payments
$1 extra;
quarterly
stock.—V.
declared
$10, both payable Jan, 2,
during 1945 were
par
1945.
regular and
2
Exchange...
Exchange.
Code,
tax—.
income.
Fed.
cards
162,
Surety Co.—-Extra Dividend—
Nov.
on
capital stock,
record
—
Revenue
after Lhe
1944
after
2649
2660
2664
2669
Stock Exchange.—.
Montreal
The
Internal
the
days
1945
oper.
St. Louis Stock Exchange........2672
Aetna Casualty &
•
of
722
90
Engineering
Co.
income taxes payable by
2670
449.
p.
within
Arnold
Philadelphia Stock Exchange.
-
.
Section
issued
payment of any such recovery
Interest
on
any
suchrecovery
less
(1)
Arnold Engineering Co. thereon,
and;
(2) $6,624 is to be included in the amount of such recovery.
The;*
aggregate principal amount of such claims for the years 1942-1944,
inclusive, is $261,862.—V. 162,: p. ?385.
to
Los Angeles Stock Exchange.
900,000
'
(Bonds)
Cincinnati Stock Exchange
Cleveland
Stock Exchange
Detroit
$li.;
tpar
Stock
Stock
Chicago
Admiral Corp.—Listing of Capital Stock—
&
Curb
York
Baltimore
,
some
is
(a)
under
be
to
-.Page
■
(Stocks).
Stock Exchange
New York
city buses would start before Dec. 1.
Trolley coach production, according to
year.
taxes
ior
Profit
issue £% -
Co.,. engaged
of
manufacturing and selling permanent magnet steel
25,000 shares of common stock of the company
to be issued on or about Jan. 2, 1946, and one share of common stock
of the company for each $34 of the amount of the recovery by Arnold
Engineering Co. upon claims for refund
of Federal excess profits
Stock and Bond Quotations
19.
the
business
Deprec,
added, has already been started on the city-type
design and it is expected that the assembly line for
new
exchange
Total income
The
ago.
the
Gross
on
he
Fabrication,
,
bus
Nov.
'
'1
in
for
tax
..
several
made
being all of the outstanding stock of Arnold Engineering
Quarter End. Sept. 30—
;•;
'
intercity
started
was
D.
plant
.
ilewly
B.
;Amerada Petroleum Corp.
,
provisions
no
for
of*
MISCELLANEOUS
-
in
Walker,
$0.39
management
or
board
the
to
Mr.
are
twice
the present
size And the
equipment -will be started.-In extending the trade territory, the com¬
pany
will place representatives in Texas, .Colorado and .California.
Outlets
in
the
Illinois
basin
and
the Mid-Continent
area
will be
President,
announced
that
the
company's
plant
95%
completed and further that tooling of the
Monroe,.
reconversion
the
added
$378,973
—$0.11
contracts
war
been
directors
298,000
-
$107,968
share—
have
Midco
676,973
'•'V.; 85,000
taxes
necessary.
R.
192,968
962,284 shares of capital stock.
renegotiation
are
taxes..:—
——
on
the
1945
income
per-common
"Based
.
-''/.h
V
.
$4,010,621 $16,742,728
Federal
before
City,'
Other
:
ail of-Kansas-City, Kansas.^
furnishes equipment for most of the
now
Walker
Mr.
:
sales
Profit
Oklahoma
Midco.
and independent
panies
common
v.
j ACF-Brill Motors Co.—Earnings—
of
INSURANCE
-
Craig and A*. E.-Welch,
$1,602,406
v ;
tOn
taxes-
directors
"
1942
,
.
INDUSTRIAL
-
both of
durant,
r
1943
$2,206,52L
.
$$2,71
■
,
PUBLIC UTILITY
"2''*
•
Copy
a
Corporation and Investment News
•
1944
1945
$2,319,596
.
Earnings per
>
30—
Price 60 Cents
N. Y. Monday, December 3, 1945
LOS ANGELES 14
'
Nov.
Preferred Stock—
4V2%
shares of
profit
•Net
share__—
.
.
t$21,413
333,879
333,879
Nil
Nil
W,.;/••• r/.-1 :'<•
7/
Corp.—Year-End Div.—
dividend of 25 cents pel share,
payable
of
and a year-end dividend of $2.25 per share,
Dec.
21
both to stockholders of.record Nov. 21.
Distributions
25 cents'each were made on March 29, June 22 and Sept. 24, this year.
25
June 22 and Oct. 2,
Payments in 1944 were as follows; March 22,
cents each; and Dec. 21, a year-end of $1.75.
v
."■■■
'
of $2.25 is pay¬
at the optron ot
announced that the year-end drvidend
either in cash or stock (par 10 cents per share)
stockholder.—V. 162, p. 2138. ••
It
:
1,
Dec.
also
was
able
the
'
-
118,286,570
3, .408,491
41,874. 440
40,880,343
:_k_—_•
3,249,476
737,113
679,169
8.640 375
8.093,715
1, 190,933
637
14,092,730
=;
Maintenance
1,131,166
Depreciation
taxes—
864,795
taxes
income
funded debt
Interest on
elec.
plant
adjustmentsint. & deductions
24,940
acquis.
Other
pfd.
on
12,073
net inc.
208,438
281,118
232,764
.
,
for
earned
stocks
Balance
common
1,077,440
1,056,302
,
1,075.187
1,046,030
13,668,916
29,157
2,342,546
1,346,461
of subs, consol.
come
AND
GAS
ELECTRIC
CO.—
.-<*'*
ui
,
tL
will v
New
saie
pioposea
tpe
which
claims
all
&
subs,
Divs.
T -+Nct
1,046,030
\
11,326,370
11,222,221
20,347
1,056,302
stocks
k.< 124,858
544,887
8,173
61,679
61,879
741.804
754,592
4,535
3,386
47,515
32,781
1,151,827
k
——
taxes
&
1,160,793
14,583,093
'
327,258
exps.,
the
to
32,408
income
Federal
Dividends
162,
43,523
140,767
Feb.
follows:
as
on
$3;
15,
Dividend—
pajab.e
3 Mos. End.
856,637
833,524
Res.
; ;
Net
f
has
______
■ 275,768
12,000,000
$24,839,914 $25,854,242 $27,514,668
$2.86
f $2.98
$3.17
$2.16
-
tBefore
;
-V
refund.
$ After, deducting, post-war
metal mines.
months
subsidiaries,
equity in the undistributed earnings for the nine
1945
30,
(1944,
Mountain City Copper Co., amounted
and
This profit is not included in the con¬
\
-v yy/''.;
;
r. .y ",■•/,
.-v'.y ;
$503,978).
account.
income
unconsolidated
principal
the
ol
Cable Co.
_
tif
Chairman
Kelley,
.
board,
the
1942 .
$217,641
44,764
108,821
$0.08
for
reserve
1
.
$0.09
than
other
expenses
1506.
p.
-$108,821
$44,764
Nil
$108,097
and
The
'.
'
.
pec.
1, 1946, after giving effect to the Dec. 20 pay¬
to $26.75 per share.—V. 162. p. 1162,- ,1;
-
amount
Stores
American
•
■■■;.
Sales
Co.—October
Rose
relief
the
and
brass
the OPA.- \/v
bv
upon
situation has been
made by
fabricating industry, but so
this
from
copper
acted
have
directors
20
each
"u
-
American Ice
'
Co.—Options to Preferred Stockholders
of the board, on Nov. 20 announced
that for a period of BO days from Nov. 19, 1945, the preferred stock¬
holders may exercise any one of the three following options:
(a) To surrender to the company their shares of preferred stock
for retirement for $100 per share in cash;
v
k-v-k
r :
(b) To convert their shares of preferred stock into shares of cumu¬
lative
C.
Small/
converting
or
their
retain
To
Chairman
preferred stock on a share for share basis;
shares of preferred stock without surrendering
redeemable
(c)
the
stockholders
Preferred
shares
and
same
so retained will
preferred stock."
non-redeemable
"non-cumulative
wishing
exercise either
to
designated
option
should forward their certificates to the Bank of New
New
be
"a"
as
"b"
or
York, 48 Wall St.,
kv;
York, N. Y.—V. 162, p. 2266.
American Insulator Corp. of Del.—10-Cent Dividend—
The
directors
the
on
Dec.
5.
like
A
Dec.
on
Nov.
on
26
stock,
common
$1,
par
amount
30, 1943.—V.
declared
payable
paid
was
dividend
a
Dec.
15
this issue
on
161, p. 2782.
of
cents
10
Dec.
share
per
holders
to
on
made
were
of
March
on
»*
'
,
;;
...
dividend
a
record
26,
Dec.
162. p. 978. k.
Mos.—1944
■j-,
1$2,831,315:
y/}-•'•r.y: y
ry'-yy7
•,/-
162, p. 1507.
Telephone &
Telegraph Co.—Official Says
,
total
needs to earn at least from 6V2?cto 7%
to attract from investors the;
Co.
25 announced
Nov.
on
that the-sum of
been paid over to Anchorage Homes, Inc., as*a result
pf the recent public offering of that company's stock which was sub¬
stantially oversubscribed.
Anchorage Homes Is said to be the first
company devoted
exclusively to individual "home 'Construction to bef rV
publicly financed,
,
'
^
^
(
i In connection .with the underwriting, Andre de Saint-Phalle. & Co.
also stated that over 16#
of the public offering or more than 40,000 111
shares of class A and 8,000 shares of class B stock have been pur-
6V2 to 7% on y
Capital Investment to Attract New Capital—.,
fv
Bell Telephone System
its
Saint-PhaUe &
Andre de
$1,282,500
System Needs Earnings of at Least
The
on
Homes, Inc.—Receives Ca?h from Financ-
Anchorage
:
20,404,050 179.770,871.
23,003,986
Total
•
had
Investment in order
capital
chased under the terms of the offering by persons directly interested
required, according to Leroy A, Wilson, y in, and by officers and directors of Anchorage Homes,, Inc., for
to appear in the forthcoming issue of. themselves, their families,- or for corporations with which they ate
the Bell Telephone Magazine,
*
■
" .*
• *. ,
i affiliated.
These purchases represented an investment in excess
of
Looking ahead for ten years, Mr. Wilson foresees a possible new y $250,000.—V. 162, p. 2385.
'
1
Ck
;*; / "
capital requirement for more than two billion dollars—nearly as much y
as
the Bell System has had to obtain in the last 25 years, y \yyy'-yy
There afe-many thousands of jobs ahead in the^ manufacture'and y; •;J. Andes Copper Mining Co^—25-Cent Dividend—
i'
installation
of plant to
provide' hew and more and better. servicesi ^j/
ThC directors recently declared a dividend of 25 cents per share,
for
the
public, Mr. Wilson points out.. Included.4, in the System's; ;
payable Dec. 19 to stockholders of record Dec. 4,
Similar payments
definite plans are such items as taking care oi the 2,000,000 presently
were made on March 23, June 22 and Sept. 25,
this year... Total paid
unfilled orders for telephone service;
restoring plant margins to pre¬
in 1944 was also $1 per share.—V. 161, p. 2654.
k.-.-k-,.-'/
war
standards; adding another million telephones in rural areas to ',
the
million
already in service; expanding the program of fast and y
Ann Arbor RR.—Earnings
accurate
dial
service;
adding
hundreds of thousands of miles of
large amounts of new capital
Vice
President, in an/ article
-
,
.
r
-i ^
of
record
and
creating a nation-wide network of coaxial
television programs as well as telephone y,
messages; eliminating old telephone instruments. and introducing new
types; greatly enlarging the scope of radio
telephone? service; and ?
providing for the normal future growth of the business. O
i
The
money invested in
the Bell System, Mr. Wilson reports,.'has
'•"
increased from about $1V3 billions in 1920-tor a total of more -than
$4 billions at the end of 1944/ About two-thirds of these" $4 billions
have
been
invested by
stockholders, who
now number mote
than
680,000.
The remaining one-third" is borrowed money. ? It is ; upon
this entire capital structure, composed of both- stock and bonds, that y\
the need lor earnings ■ of. at least 6'/2^
to .7%, is based
. v
1944,
15,
1945
9 Mos. Ended
eral
taxes
Federal
Net
No.
Sept. 30—
chgs., but before
after
directors
of
$1,278,076
518,001
567,942
taxes
profit
of
$725,116
per
share
$710,134
$716,001
1,023,902
1,023,211
$0.47
$0.45
$0.46
_______
—
Refinancing Proposed—
The
stockholders
financing
preference
instead
stock
of
one-half
$2,
e
to
of
this
give
30.
12
to
the
with
stock
up
approving
on
change
value
par
common
Sept.
Dec.
vote
would
$25
to
and
shares
thereafter
will
which
plan
91,727
$1.25
a
conversion
Sept.
1955.
'
30,
■
-
proposed
a
shares
of
re¬
par
no
dividend
privilege
rate
into
annual
and
one
1950, and share for share
"
.
J1 $50 also the lnt-ntion of the company to retire the outstanding
Is
5%
convertible
par
first
giving
shares
of
holders
the
preferred
opportunity
an
proposed
stock
to
$25
par
(about
exchange
convertible
shares)
57.640
each
share
preference
after
for
two
stock—V
162
1274.
p.
American Manufacturing Co.—62V2 Cents
The
of
directors
the
new
Dec.
record
$100
par
basis
of
were
made
this
In
Oct.
have
$25
par
15.
value
four
This
the
for
dividend
stock,
eouivalent
stock
old
one
old
a
common
is
common
new
on
declared
value
$100
to
which
62»/a
(•"
The
company
payable
Dec.
31
to
$2.50-per share on
recently split-up
Distributions
on
April
2,
of
July
50
2
the
cents
and
Oct
1
1944,
50
the
cents
following
each;
dividends
and
Dec.
31,
were
paid:
$1.50—V.
April
162,
p.
1,
July
1883.
1
and
\>. /
;, •;
.
/
),/.
• »
with the SEC a proposal to
•k*
Subsidiary
sell) to'-H. K.
note of Wisconsin, dated Feb. 1,.. 194$ and
principal amount of $150,000, for^ a, cashThe note of Wisconsin proposed :to be".gold
by American
is presently * pledged with Harris Trust and Savings
Bank, Chicago, dated Oct.
1, 1945 and due Oct. 1, 1950, in the>
principal amount of $2,000,000.
American will deliver $150,000 of;
the proceeds from the sale of the Wisconsin securities to Harris Trust,
and Savings Bank in accordance with the terms of the secured note.
The
declaration
states
that the prospective buyers will dispose of
some part of the Wisconsin securities to Carl Altenbern, Vice-President
and
general manager of Wisconsin, and K. D. Knoblock, formerly
the
due
unsecured
Feb.
1,
6%
income
1950, in the
of $410,000,
with Wisconsin.
.
fi'om
Net
ry.' oper.
From -Jan.
states
that
the
sale
f
•
'
'
of
'
the
'
American Water Werks & Electric Co.,
'
Inc.—Output—
output of the electric properties of this company for the
week
ending Nov, 24,
1945 totaled 76,822,000 kwh.,; a decrease of
12.5'fc
under
the output of 87,815,900 kwh.' for the"corresponding,
Power
week
of
1944.—V.
162, p. 2513.
Income
■
Net
Net"*
—V.
:k 1942
1943
$424,520
100,878
k
48,257
43,763
4,935,504
"• 5,037,433
4,255,365
1,186,807
1,499,030
1,030,044
:; 574,025
668,559
•i 407,649
59,806
-
.kkkk'.-/
1—
,
f
.
The'holders
t
r
$534,662
41,664
y
railway--
Arden Farms
.
' •
5,071,458
from railway----—:" '' 1,129.989
ry.' oper. income-__ * ' * 567,861
162, p. 2139,.
from
Gross
shares
49,226
stock
ferred
of
(no
Xi
Co.—Subscriptions to Preferred Stock—
the
outstanding
recent offering of 50,000 shares of $3 pre-f.
The stock was offered to holders of repord.
the
of
;
preference stock series A subscribed
par).
Sept. 21 and rights expired Nov. 9. •'
;f/- /
/ •'
k; k':r'-. v
The net proceeds are to be applied in the first; instance to improve
the cash and working capital1; positions of the company, primarily in
connection with the carrying of larger inventories, and (to the extent
necessary)
to
off current bank loans
pay
that
the proceeds of which were
after
loans referred to were made
The bank
purpose.
and amounted to $850,000 at June 30, $1,350,00.0 at July
91. $2,100,000 at Aug. 15 and $1,350,000 at the close of business Aug.
3l (including $100,000 borrowed by Van's Markets), owing to Chase
National Bank, New York, and Bank of America National Tn'?t and
Savings Association and due oh various dates between Sept. 29 and
May
1,
Nov.
10.
•
'The
1945
kV
also has in mirid the desirability of enlarging
1945.
.
company
proving its existing
an-i im¬
plants and of acquiring, in the future (as oppor¬
the company's needs require and the company can axford
the expenditures), other and additional plants in the development of a
larger supply of dairy products, but at present no definite program has
tunity offers,
formulated.
been
■
-
„
CAPITAL
,
,
Pfd.
sto^k (no par) $3 cumul. & partic.
Common
•Does
stock
AND
HISTORY
Dec.
'
(par $1)______
not include present offering,
company's treasury,
in
11," 1933,
as
'
:
■
.
SECURITIES
1
*
Wisconsin securities is in
compliance with the order of the Commission of June 21, 1944,- re¬
quiring the company to dispose of its interest in Wisconsin (Holding
Company Act Release No. 5114).—V. 162, p. 1762.
American
each
year.
1,
has on file
old
on
annum
the
of
consideration
holders
the
per
R. M. Haydon of Madison, Wis., all (3,000 Shares, par
issued and outstanding common stock of its 'subsidiary,
Wisconsin. Southern Gas Co.,
a gas utility company, together with
share
per
auaiierly
and
Barley
New Shs.
on
cents
was
share.
stock
of
usual
America;n Utilities Service corp.—To Sell
connected
on
the
railway
Net
-
154,367kk';. 159.858
$541,202
rfli'.way:-___ * <
from
1944
'
1945 "
$476,072
.V ';, 84,840
October—
Used "for
;
$100)
?
^ '
dividend :
?;
;'Jari. '15; / r
the fate
have -been, made .regularly since .and
declared
?
Gross
for
the capital stbek, par $100, payable
record Dec. 17, 1945.
Distributions at"
including 1922.-—V. 122, p. 2513.
$1,332,949
616,948
1,023,902
?hares__,
common
Earnings
share
per
'yy;.
21
Nov.
on
per
to
$9
on
share
holders of
$2.25
1946
1943
$1 243,117
prof,
cxc.
1944
of
Fed¬
___
income and
Dividend
Usual
(& Subs.) —Earns.
'
•
•
The
Profit
'
long distance circuits;
which will transmit
new
cables
-
American Investment Co. of Illinois
far
'< '
•
Charles
the
«.
of $1 per share, payable
1.1- Distributions of 50 cents
June 25 and Sept, 26, last.
The total
declared
stockholders
to
paid in 1944 was also $2.50 per share.—V.
\
;
12.7%— i
Period End. Oct. 31—
1345—Month—1944
.
1945—10
J"/$'<''• 'v* ■vvMs.«v $
Sales
Bell
1943
$89,528
$0.06
depreciation
162,
for
of
been
not
/''■ $1 Dividend Declared—
.
10,224,953
10,838,131
108,097
$39,999
share__
repairs,
taxes.—V.
income
1,689.209
(& Subs.)—Earnings—
89,999
taxes__
com.
per
*After
.
.
1944
$216,195
1945
$179,999
profit__i
Earns,
F.
members
of
'■
American
Sept. 30—
income
for
will
ment,
—v.
profits
•Operating
181,109
______
Dec.
20. $1.75.
2513.
p.
Drl60,000
132,076
$18,702,051
share.
Wire &
$349;778
C.
$1.75 per share
20 to ho:ders of
this issue previously made this year
March 20, $1.75;* June 20,. $3.50; and
dividend
a
$100,
par
Payments
30.
Nov.
Sept.
for
American Hide & Leather Co.
•
300,897
1,050,012*
635,871
1,689,209
stock
common
-V.
61,685
-
stock
earned
Balance
85.893
,77 140,767
taxes__
pfd.
on
Cr228,934
.
1,020,131
708,364
deduct.ons
misc.
33,973
83,442
net
&
5,847
____v_
_________
Sept.
solidated
declared
20
Nov.
on
preferred stock,
7Vo
were
13,900,942
.
k
.
"
Int.
501,234
Cr3,433
depletion of timber lands and phosphate deposits.
NOTE—The
ended
;;?*> Arrearages on Jan.
Total
535,198
2,583
104,336
com.
depletion of
A.
directors
The
on
record
income
General
per
°Includes
,
Application-
vances
Cw«er
133,722
.15,500,000 t21,484,000 $24,514,500 $37,066,598
taxes.
conting._____
profit
Barns,
Order Signed—
American Public Sendee Co.—$1.75
Divs. on pfd. stocks__
Int. on bonds & ad¬
,
Dr21,243
$2,799,901
■
Co.,
consol.—-
com.
on
217,581
$2,302,496
&
interest
for
Prov.
Conger of the Federal District Court has signed
approving and enforcing the plan for retirement of deben¬
American Power and Light Co. and Southwestern Power &
order
Electric
from
•
67,600
$672,663
Crl2,500
profits
exc.
Minority
it
Income of American Gas
and
$2,821,144
stated that the decrease in
earnings during the third quarter as compared with the prior quarters
tures
of
was
caused by reduced production due to the continued shortage of
Light Company.
*.
.''
manpower in the domestic mines, the cancellation of Government con¬
The plan, previously approved by the SEC,
provides for retirement '
tracts following V-J Day, and the resultant lag in production
at the
of both classes
of debentures at $110, with the additional provision
fabricating plants due to reconversion, strikes at some of the plants
that
Southwestern
debenture holders are to get a receipt entitling
of
the
company,
and the action of the OPA in freezing prices of
them
to
whatever additional amount
the SEC should deem fit by.-y
manufactured products at the 1940 level notwithstanding the increases
reason
of
the
fact that
they are non-callable until 1947'.—V. 162,. V* in. cost of such
products.
Under: the schedule of prices as fixed an
p.12266.
-.
/ W-y ■
■■
actual loss is being sustained on practically all fafbricated products.
11,222,221
Undistributed net inAMERICAN
27,031,774
$2,084,914
depl."
deprec.,
Anaconda
Edward
Judge
12,568,682
11,326,370
21,133
—_
stocks—
com.
on
Mining
Co.
for
Prov.
U-50.
Debenture
3,745,622
3,424,786 "
an
Divs.
'^Leasing
Mexico and
New
Rule
of
66,015
500,297
991,204
2,368,813
-■
23,891,618
$605,063
on
American have also agreed thdt American
shall receive the benefit of any gain or suffer any loss occasioned by
New Mexico's over-accrual or under-accrual,
respectively, for Federal
income and excess profits taxes between Jan. 1, 1942 and the last day
of the month preceding consumption of the proposed transactions.
American
requests that the Commission issue an order exempting
the proposed sale of the securities from the competitive requirements ,;-,
25,085,251
7,213,431
237,078
1,207,017
•
178,914
stocks___
of
Reservations
3,977
39.901
3
may have against Electricy.
Share Co. and the latter's present or former subsidiary com-j
and
Bond
291,282
.
<>,.
xr
American
to
assign
24,793,969
*
6,422,703
......
10,256,191
of
Amort,
Divs.
602,783"
Dec.
hearing
a
'
27,983,456
7,076,846
2,183,527
2,177,836
.573,827
hold
will
SEC
7,894,844
334,163
25,930'
21,250
1945—12 Mos.—1944
$7,027,769 $28,976,532 $29,912,917
988,010
and
amortization
196,000
267,000
804,063
company's proposal to sell "
the securities of New Mexico Electric Service Co.
New-Mexico is a :;J. Prov. for Fed. inc. and'
100,095
220,250 ;yr
excess profits' taxes—
294,745
49.880
public utility company operating within the State of New Mexico.;
American owns all of the outstanding securities of New Mexico conf
$924,560
Net profit-_____-_t__
$74,154
$169,264
$898,907 '
sisting of 37,497 shares and options to purchase three shares of the f
$0.87
tEarns, per com. share
Nil
$0.12
$0.83
common stock, a 6%
overdue promissory note in the principal amount
of $517,662 upon which there is presently owing $497,000, and a 6%
tOn 673,100 common shares outstanding.—V. 162, p. 1883,-'....-k.:v
open account indebtedness in the amount of $7iM)00.
American proeposes to sell said securities' and said open account indebtedness, at pri- .
Anaconda Copper Mining Co. (& Subs.)—Earnings—
vate sale, to M. J. Murrary, Jr., of Hobbs, New Mckico, for; a' cash pur-7
9 Mos. End. Sept. 30—
1945
1944
1943
1942
,
chase price of $1,206,000 plus $150 per day from Sept, 30, ,1945 to the
Operating income
$42,919,8# $54,282,256 $58,799,996 $77,898,915
closing date of the proposed sale.
• yk'-'V
v
* k
Total income
- 43,797.262
55,292,027
59,710,106
78,642,991
.American proposes to use the proceeds of such sale as part of they,
.'V 164,165
cash required for the retirement of American's gold debenture bonds, >-*' Interest,, disct.v etc.____
etc.___
9,490,875
8,836,037
9,160,255
11,621,792
series due 2f»lfi. and Southwestern Power & Light. Co ,. 6.%. .gold de-y;.': •Deprec., obsol.,
Federal
&
foreign
inc. :;i\ 1
\
"v
benture bonds, series A, due 2022, assumed by American, /'k..-yyyv,; "ki-H
12,274,772
27,649,292
2,157,597
2,156,587
________
income
Gross
,
Motaline
of Sub. Securities
American Power & Light Co.—Sale
The
panies.
Operating income
Other
13,991,
8,151, 496
11,699, 618
10,633 037
1, 114,595
905,445
122,639
629,189
933,782
profits
excess
Other
645,896
tax
-j—'
Federal income
1945—3 Mos.—1944
.
.
9,759,466
10, 044,769
895
revenue
Operating
Operation
Fed.
$
$
$
CONSOL.—
SUBSIDS.
1945- -12 Mos.—1944
1945—Month- —1944
Period End. Sept. 30—
v
-Earnings—
(& Subs.)
American Gas & Electric Co.
wholly owned subsidiary companies)
(Including
Period End. Sept. 3C-
'
21 declared a
directors on Nov.
navable
Smelting; Co.—Earnings—
Lead &
.
t Loss.—-'
depreciation.
and
k-y ,■
next, $500 000
1,
,
Zinc,
Property Custodian, announced Nov. 26
Net sales______________
$0,019,588
that he is preparing to offer at public sale 473,900 (no par) shares
Cost of goods sold--..-..;
5,617,271)
of the
corporation, which' is 9C% of the 52$,299 outstanding shares.
-Interested parties were invited to a public meeting, Nov. 30 to de- .
Gross profit on sales_
$402,318
termine
the
mechanics of - the sale and a ruetUiod ' of distribution .;j,
-32,573
which will best serve the -national interest.
'^ Other income____~_____
Three
investment banking groups,
it is understood, are preparing
Total income________
$434,890
to enter competition for the shares.
One is said to be led by Blyth
Admin., sell., etc., exps.
128,203
&
Co.,
Inc.; one by Mellon Securities Corp.,
and the third jointly
Int. expense (net)—;,* '*
Crl,451
by Kuhn, Lopb & Co., Glore, Forgan & C:and Lehman Brothers, Realization on debt of ',/■
—V.
162, p. 1386.
^
• '• '
' '
Foreign Investing
American
The
t$22,878
$0.01
interest
including
charges,
V. 162. p., 977.
$4,459
Custo¬
V.Vj? ■ -;'wV
'-.y
Jan.
on
■
American
Alien
Markham,
E.
James
1942
1943
:
-
of Stock—
dian to Sell 90%
2263.
p.
Chemical Corp.—Property
American Potash &
,
333,879
t$3,S31
333,879
Nil
!
outstdg.__
all
♦After
1944
1945
Sept. 30—
—
Capital stock
Earnings per
'
.
.
Tiling Co., Inc.- -Earnings-
American Encaustic
Quarter End.
r
authorized the listing of 38,921
cumulative preferred stock ($50 par).—V. 162, p. 2009.
for redemption
called
general mortgage bonds due Jan.
f, 1961, at 100 and interest.
Payment will be made at The Chase Ngtionai Bank of the City of
New York, corporate trustee, 11 Broad St., New York, N. Y.—V. 162
of
784,517
$1.96
,
corporation has
The
162, p. 1386.
—V.
Stock Exchange has
York
New
*
—
-
-
profit after charges and taxes____i.—1;.643,44 >
Earn, per sh. on 400,000 com. shs
_________
Sl.oO
Net
15,
30,
Listing of 4 %%
sales
Net
American Writing; Paper Corp.—Partial Redemption—
-
*
yl"45
•
1944
$27,^J,687 $32,947,074
Sept. 30—
9 Months Ended
15,
The
Corp.—Earnings-^-
American Phenolic
30.. Distributions of 20 cents each were made on
March 15, June 15 and Sept. 15, last.
Payments in 1944 were as
follows: March 15, June 15 and Sept. 15, 15 cents each; and Dec.
a year-end of 40 cents.
An initial dividend of 37 V2 cents per share on the 4 l/a%
cumulative
preferred stock, par $50, for the period from Oct. 15, 1945 to Dec.
1945, was also declared, payable Dec. 15 to holders of record Nov.
record
of
Monday, December 3, 194$
FINANCIAL CHRONICLE
THE COMMERCIAL &
2634
tOf which
"
BUSINESS—Company
Western Dairies,
Inc.
/
* Authorized
300,000 shs.
900,000 shs
Outstanding
•125,000 shs,
: $493,374 shsv
47,374 shares are held
,
was organized in
Delaware.
Effective Aug. 1, 1940, name
changed, to Arden Farms Co.
Prior to Aug. 1. 1940, the company's
husirmss was that,of/a holding company for securities of Arden Farms
was
Dairy Products Co.t the Northern; Company)
(formerly California Dairies, Inc. and .West¬
Inc.,-the Southern Company), and company's
consisted almost entirely of securities of these companies.k.,,.As a
of a merger, effective Aug! 1, 1940. company acquired all of the
Co.
(formerly
and
of Arden
ern
Dairy
assets
result
Western
Farms, Inc.
Products,
i
The
per
1
Atchison
•
nummary
&C.-
•
Cost of .
Sell.,
of. earnings
June 30,'45
.
I
;
6,130,032
5,978,313
83,949
43,829
146,996
$1;510,220
$2,841,666
32,112,474
.V
accounts
Operating profit
Other
■
J
income
*^„
__
Total income
Total
68,089
$1,578,309
12,443
.
income deductions
"Prov. for Federal taxes
t
income
on
69,851
;,i-
:
will
217,853
•
:.
1,057,920
1,700,000
$507,945
_
$1,036^07
1,758,800
679,382
$935,400
$794,506
income
Net
.
*
...i..*..
■
♦Including excess profits taxes of $1,267,200 and $1,080,000 in 1943
respectively, after- deducting $120,000 debt retirement credit
post-war-refunds of $20,800 and $108,000 in 1943 and 1944,
respectively.—V. 162, p. 1387.
■■-"V/.-y.v/
due
•
,f
«
Vv
3 Months Ended Sept; 30—
¥% ;' 1945
"Net income before taxes.....^//.'
1947__.
'
Income and
)
■
excess
;
profit
-
<
-
Earnings
:
share—
per
Period End. Sept. 30—
Total
oper.
$848,046
Operating
Operating
2,616,000
revenues
OCTOBER
FOR
:
AND
TO
YEAR
1945—Month—-1944
Fed.
income
profits
/
and
544.916
DATE
-1944
1945—10 Mos.-
expenses
9,190,635
_^._
■
cility
600,000
3,500,000
20,150,000
Net
Net
—V.
$3,066,125
$2,624,485
561,742
2,320,317
1,969,526
117,500
113.800
322,200
289,005
$142,578
/
.
$116,808
177
62,186
201,705
3,?66,455
3,726,395
$517,538
rents
ry.
$556,774
income
2140.
oper.
162,
p.
12 Months Ended
Operating
$5,988,860 $11,051,504
Sept;. 30—
:
..
$423,607
61
18,735
v/V,-
purchased..
g«s
______
$142,755
$116,868
General taxes
44,376
Federal
•26,257
;
191,248
$90,611
62,535
,
$251,093
105,604
$80,220
*
•
Tlie
directors
on
Nov.
27
Gross
dividend
of
35
cents
share
-km the common stock, payable Dec. 15, to holders of record Novi 30.
This compares with 25 cents paid on June* 1, last, 35 cents on Dec.
15, 1944, and 25 cents on June 15, 1944.—V. 162, p. 874.
a
388,440
1,436,423
336,959
546,844 '
income '
.
Net 'income
r—
Common
-
^
dividends
been
or
v-.: -f.
Mass.)—Stockholders
An
offer
Incl. Fed. tax
—V.
-v
been
holders.
- •
Dec.
.■
Operating
Operating
cojne
•
116,774
70,112
"
"Earnings per
'Preferred
to
$5,319,528
share...
stock
shares,:
300,000
$0.39
>.
called
as
and
of
Oct.
taxes.—V. 162, p. 2386.
v
common
7,
1944.
146t512
increased
tAfter
and
in-
•
•
on
194,161
Provis.
$555,716
73,722
92,454
$676,730
....—
$648,170
$2,023,955
,
30,600
;
profit
-.V;;://'/' *
Associated Gas & Electric Co.—Weekly Output—
profit
for
The
<
trustees of
the Associated
Gas
& Electric
excess
Provis.
Balance
output of the Associated Gas & Electric Group for the week
23, 3945 was 130,755,822 kwh., a decrease of 5,555,667
kwh., or 4.1%, when compared with the corresponding week of 1944.
ended
—V.
■
Nov.
$1,938,455
123,121
-
162, p. 2514.
—
36,948
99,443
$611,221
18,152
$1,924,512
38,540
$629,373
$1,963,052
conting.____
217,533
67,000
38,662
$354,239
surplus—
principally profit
(non-recurring).—V. 162, p. 2386.
•Representing
Associated Public Utilities Corp.—Earnings—
1945—Month—1944
$162,222
$145,511
$1,844,176
61,922
27,775
18,027
Operating revenues —-i
57,795
707,520
$1,725,939
643,974
20,464
292,806
17,605
.221,775
,210,018
Maintenance
Depreciation
State, local aha Federal
...
25,873
Net
operating income
Non-operating income—
19,723
293,219
173,135
$29,924
$328,856
$418,223
366
Gross
corporate -ijnc^
-
370
r
$28,991
•; ty: 15,104
1
Net inbome L
Preferred dividends
dividends
Common
to
Balance
'
$30,294
17,655
$13,887
/■!■
237
$427,999;
.
182,937//, ,289.735
;
$150,354 : /
$138,264
.
surplus..
$5,403
•
9 Months
'
Volume of
"Net
2,848
$12,402
2,940
24,750
(114,506
$110,574
$344,840
from
$1,086,314
$1,051,169
disposition
of
capital
assets
•.
has
advanced
$150,000
to
income
>
1945- -10 MOS.—1944
9,416,554
76,015,090
90,236,100
^13,640,267
44,201,530
633,492
5,162,634
6,202,198
231,951
1,671,892
1,740,787
2,386,089
/;..
417,259
3,681.454
35,540,297
38,091,576
479,293
4,031,193
5,518,704
4,160,747
89,039
39,571,490
821,449
43,610,280
2,268,191
22,178,998
income
4,869,657
*
V
deductions
charges
period in
.
ten
month
as
839,241
22,872,246
$1,803,517 $16,571,043 $19,898,793
$540,929
-
the
$17,364,230,
period ended
Oct.
31,
1945,
Federal
compared with $27,855,955 in the
Railway
Railway
p.
same
2514.
;
Broad-
Other
1945—10 Mos.—1944
$948,912
$8,547,910
604,763
511,885
5,804,603
$88,025
Crl5,424
$437,027
327,096
$2,743,307
accruals./
1,867,852
$3,060,046
2,105,317
income
$103,449
$109,931
$875,455
$954,729
23,167
131,877
224,750
3,386
41,808
29,207
$130,484
$1,049,140
457,299
$1,208,686
46,584
$89,900
$591,841
revenues
expenses
tax
Railway
Rent
1945—Month—1944
$692,788
oper.
oper.
'
Net rev. from ry. oper.
Railway
Associated
162,
Bangor & Aroostook RR.—October Earnings—
Majority Shares in
the
1944.—V.
Period End. Oct. 31—
network of
/ Austin, Nichols A Co., Inc.~*-Recapitalization Plan—
,
-
Thomas F. ^McCarthy, President of the company issued
statement/Nov: 28: '
■,v" "-*•
:i
■/
/
tl944
"At
purchased^.—$70,660,225 $58,732,383
income-^.w~-■-*.
Number of ^common: shares
1,367,101,, 1,429,650
413,153
$2.99
charges/ taxes,
a:meetingion Nov. 28, the board of
the following
directors approved a plan
examination by official
stockholders at a meeting
for .recapitalization of the company subject to
:
agencies,. and,
411,671
share_i_$2.85
estimated reserves, renegotiation refund and
voluntary price adjustments on profits of manufacturing subsidiary,
tRestated.—'V. 162, p. 1275.
/ '
■/•'After
th«
order of
135,478
Henderson said.—V. 160, p. 2140.
(Including wholly owned subsidiaries)
Ended Sept. 30—
'
1945
Earned .per'
64,587
,.
'
"
'v.;-'-.
business
660,559
which succeeded two months ago in forming a national
formerly independent stations, and has received an option
to apply that sum and other cash to the purchase of a substantial
majority et its:,shares, according to Floyd B. Cdlum, President of
Atlas. and W. O. 'Henderson, Vice-President of Associated.
/
Upon completion of an analysis and appraisal of the broadcasting chain's prospects, Atlas will decide whether there will be an oppor- r
tunity, to operate it a& a fifth, nationwide network, Mr. Odium said.
//'Founded -in/ Dee., ,1943, the radio concern has been expanding
-.sfceadily-Jthe ^number of station outlets with which it is connected,
arid-1 how has 22 units in its chain, including WMCA- in N. Y. City.
Among; other principal: cities served are San Francisco, Los Angeles,
Seattle, o Chicago,. JMinneapolls,
Detroit, Pittsburgh, St. Louis, and
Washingtoa, ,D. C. ;
' ;
/
The ichain 'claims prior right to the abbreviation ABC, which also ,
is nsed by the American Broadcasting Co., formerly the Blue Network, "
and has brought suit ih Federal Court at Chicago, charging infringement of its trademark, Mr,
Associates Investment Co.-
/ f
lawful
2,803,348
74,589
income
oper.
'Includes for
oper.
income
(net)___
income
/ Income
17.575
(net)...
.
2,540
fixed
after -that,' to
approval
by
Net
-V.
$7,983,073
4,923,027
will
be
called
charges
-
income
$123,564
45,644
$77,920
•
475,633
,
$733,048
162, p. 2266.
Neil Petree, President, announced on Nov. 27 that the
plan Involvini
the reduction of the annual charge for dividends on the
corporation'!
stock has
been
approved
by the stockholders and has
become effective.
Accordingly, the 5%% preferred stock has becom*
preferred
4%:%
preferred stock., Quarterly dividends on the 4V2% preferre<
payable Jan. 1, 1946 and thereafter will be. at the annual rati
4Ya%„ but as provided under the terms of the reclassification ai
stock
of
extra
dividend
of
12%, cents per share will .be paid Jan. 1, 1946, s<
the quarter, then ending will be maintained at th<
5ya% per annum.
The plan for change in the com¬
pany's preferred stock, capitalization was developed by the company ii
conjunction with Goldman, Sachs & Co
that
the
former
later. '
r--'-The-proposed plan-calls for the issue of a .cumulative convertible •
prior'.preference stock-With a dividend rate of $1.20 per share, callable •
at $20 ^and.-.convertible- into
common
stock; share for share.
The
prior "A"-stockholders would be given the privilege of exchanging on
for
BarkeT Bros., Corp.—Preferred Shares Reclassified—
-
which
■
available
Total fixed charges—.
•r
;
33,000
8,250
—V. 162, P. 2139.
9,776
4,435 '
$333,291 '
/
$12,639
234
__u
any
33,977,854 308,529,916 325,966,417
24,561,300 232,514,826 235,730,317
2,714,994
Cr431,699"
568,880
191,724
(net)
Net income
paating Corp.;
-■
part
a
.
$28,625
■ taxes
/,
The corporation
; ?
280,589
Operations
812,150
Loan to Associated Broadcasting Corp.—
1945—12 Mos.—1944
of
2,187,830
rents
income taxes of
Atlas Corp.—Obtains an Option on
Period End. Oct. 31—
expenses
ry.
Fixed
$1,847,206
and
270,824
25,300,749
22,585,755
revenues
oper.
Total
$1,815,333
31,873
':r
•
-
itself
162, p. 2386.
1945- -Month—1944
oper.
facil.
Net
237,125
$663,726
________
income
to
regard."—V.
Net rev. from ry. oper.
Corp report that the
•electric
have not
Board
and
Aeronautics
divest
$1,701,329
$646,130
17,597
profits taxes..
for
that
'Railway tax accruals.
Equipment rents (net).
193,179
■
y
represented
Jones
Civil
Corp.
;
,
shares
H.
should
Corp.
under
4,307,821
>
Has Op¬
Gross
Stock—See Atlas Corp. below.
Aviation
certificates,
Misceli.
oper.
these
the
the Aviation
Other
Net
Associated Broadcasting Corp.—Atlas Corp.
4,552,285
65,295 /
$1,825,016
198,939
income
Interest expense
Federal
that
trust
Railway
Railway
*-:y:
$603,007
—.
'Other profit
tion
1,400,563'
•
65,091
Gross income
200,000
;
.
of
Joint
Other
decide
-
$0.51
from
charges
1,708,197
than
taxes)
Operating Income
125,039
$0.62 "
$0.24
stock
all
has a beneficial interest in 287,538 shares of
stock, but these shares are deposited under a non¬
Baltimore & Ohio RR.- -Earnings—
/
Oct. 9,'43 Oct. 10,'42
$7,033,756
$5,270,703
Oct. 7,'44
$5,469,328
...
tNet profit
:
Oct! 6,'45
-
.
representatives among the officers pr direc¬
no
Period End. Oct. 31—
$6,202,330
v
■
—
Taxes .(other
..
v
$6,571,462
$2,021,575
< incl.
exps.
■ /'.
;
"
10, denying control by AVCO of Amer¬
agreement with the Hon. Jesse
for a number of years.
If the
voted
board in
1945—9 Mos.—1944
1945—3 Mos.—1944
$2,376,297
revenues
deprec.)
A-x
Artloom Corp.40 Weeks Ended
(Including Subsidiary Companies)
Period End. Sept. 30—
V
Whitman
Net_sales
$133,218
$460,951
stock
Corp.
and provisions of the order have
terms
.:
V
with
1
The
from filing of consol. returns,
sav.
1367.
board
the
1938,
Atlantic Gulf & West Indies Steamship Lines—Earns.
made
■
Tucker, Anthony & Co., 74 State Street, Boston, Mass.
company
owned 29,508 shares of Arlington Mills
stock, or about 30% of the outstanding issue.—V. 162, p. 347.
i
162, p.
to
Airlines
Aviation
by. these
$120
a
share for all capital stock of this company
by William Whitman Co., Inc., in a letter to stock*
;
■■■.'.
/;
It was requested that the stock be deposited before 12 o'clock noon
lias
;
of
Of¬
report
American
the provisions of the civil, aeronautics act of
will comply within a reasonable time with
•
Arlington Mills (Lawrence,
fered $120 per Share—
trust
should
''
/
of
,
''The
60.0,363
708,427
that
airline.
Aviation Corp.
American Airlines
95,869
.
states
of the
voting
$932,678
$1,338,845.
90,000
■
dividends
and
from the order the
,
tors
per
Preferred
Corp.
divestment
its
10 months
statement made On bet.
a
Aviation
that
of
status
Airlines, Inc., and has
167,409
$1,192,063
259,384
260,747
the
month
that not later than
In
.
$1,599,593
deductions
findings
ican Airlines, Inc., Victor Emanuel, Chairman of AVCO, said:
■ •
"The Aviation Corp. does not exercise any control over American
$1,024,654
$1,052,748
income
Income
declared
taxes......
board's
affirms the
30
must file evidence to show the
been fully met.
$304,725
35-Cent Dividend Declared
;
1,648,529
353,394
profits
excess
accruals—
operating irACome-..-.-/.—-..-..-.
(net)
-Utility
■
'Other
i
Net income
and
reserve
each
and
227,212
432,849
income
Oct.
order of
on
itself
divest
to
should not now be issued.
The order also provides
$410,329
$442,342
-
228,324
Board
Aeronuatics
Civil
Aviation Corp. has not shown any cause why a final divestment order
1944
$12,059,804 $11,485,288
6,426,017
6,350,602
1,917,939
1,720,995
Other operations
$365,953
,
on
and the
corporation
The
1945
■
revenues
Retirement
Gross Income
Extra
—
Oct. 30 issued an order directing
of control of American Airlines, Inc.
by reducing its holdings of voting stock to not more than 4% of such
stock outstanding by July 31, 1946.
.
The order closes a
proceeding which CAB instituted on its own
initiative on Sept.
19 to determine whether Aviation Corp., which
holds 22.28% of the outstanding common stock of American Airlines,
Inc., controls the air transport company.
CAB on Oct. 10 issued an order directing that Aviation Corp. show
cause why it should not
divest itself of control of American Airlines.
fa¬
Operationrrr-natural
income....
Other Income (net) -1.;.-
of
The
/ Atlanta Gas Lght Co.—Earnings—
1945—12 Mos.—1944
$792,350
excess
oper.
Co., Hartford, Conn.
Nov. 23 declared an extra dividend of 40 cents
regular quarterly dividend of 25 cents per share,
2, 1946 to stockholders of record Nov. 30, 1945. An
like amount was paid on Jan. 2 of this year;—V. 162, p. 778.
directors
share
this
38,250,000
■
joint
Maintenance
/
advised that certain
sell " approximately 80,000
value, to the underwriters
been
to
par
(The) Aviation Corp. (Del.)—Directed to Reduce Its
American Airlines Holdings—
$1.35
554,878 :
(net)..
taxes
has
both payable Jan;
!
1945—3 Mos.—1944
Z._7. ;
of the
The
per
12,286,202 117,337,479 129,693,460
8,027,723
87,932,164
76,665,561
10,370,359
—-
Taxes
Equipment-and
*
$814,957
revenues...
expenses
corporate, purposes,
company
Dividend—
Arkansas-Missouri Power Corp.—Earnings-
Operating
the
stockholders
intend
new
common-stock, $5
r
$565,566
544,916
V
$1.03
$0.48
'After depreciation.—V. 162, p. 2139.
Thereto
other
and
equipment,
principal
shares
«
$
$3,464,046
1,634,748
its
13 South St., Baltimore, Md.-
paying agent,
period End. Oct, 31—
$2,365,566
1,800,000
$796,361
-
-
of,
extra
-
———
„_
>■.;'.•■/
,
Net
Shares outstanding
—
1043
'
be
additional
In addition
of
Payment will be made at the Safe Deposit & Trust Co. of Baltimore,
Earnings—
1944
$2,726,361
profits taxes-.1,930,000
each share,
lor
of
1,080.00
1,
EARNINGS
Archer-Daniels-Midland Co. (& Subs.)
stock
shares of new
three
Automobile Insurance
Wilmington Ac Newbern RR. first mortgage 4% > 50-year
bonds* due Aug. 1; 1947_—___l____—__________
in 1943 and
w
basis pf
29,112
1,067.50
bonds
and. 1944,
Feb.
__f—
>
'
'
the
on
stock.
Washington & Vandemere RR, first mortgage 4%% 40-year
/
:
*
79,112 authorized but unissued shares of "the new common
Of this amount, it is the intention of the company to sell
shares to underwriters for public. distribution, making a total
450,000 shares of the new stock, $5 par value, In the hands of
the public. The proceeds of this sale will be used for the purchase
.
s
/
o'clock
of New Common Stock
«
P. M., Dec. 31, 1945, of all of the below-mentioned bonds at the >, for public distribution.
After the consummation of this recapitalization and financing it is.
principal amount thereof plus- interest at the coupon rate to the •
maturity date of the respective issues:
\•>-'•/' /. '/•■ intended that the company will make application for the listing of
the. common stock on the New York Stock Exchange.—V. 160, p. 1650.
-.r,*':'
/■• Price per Bond
Norfolk & Caroline RR. 2nd mtge. 5% 50-year bonds due
Jan. 1, "1946
■$1,025.00
.
.V»
$1,691,741
136,494
-
.
Prepayment—
1634.
Leverone, Chairman of the board, on Nov. 16 submitted
plan for the recapitalization of the company to be voted on at tha
changed
/
Atlantic Coast Line RR.—Offer of
The company has offered to make prepayment at or before 2
$2,691,030
$1,582,674
139,663 ;i,; 109.067
$2,830,694
$2,911,517
174,929
v
The
account.
of the presently outstanding
142,696 shares of common stock of no
pat value.
Upon the; completion of, the recapitalization and, exchange there
Pjpov. for doubtful notes
and
capital
stockholders' meeting scheduled for Dec. 4, 4945.
Under the proposed
plan, the company intends, to authorize 500,000, shares of new common
stock, $5 par value, of which 428,088 shares will be issued and ex¬
46,706,789
period ip 1944.—V. 162, p. 2139.
same
p.
of
Nathaniel
a
:
5,473,593
103,070
6,581,422
3,490,338
October; 1945 include $7,933,803 Federal income and
profits .taxes,: compared with $11,612,422 in October, 1944 and
/for the> ten months ended Oct. 31, 1945 include $54,162,803 Federal
.7 income and-excess proiits taxes, compared with $117,909,566 in the
162,
stock, 2V'*
preference
out
ization and Sale of 29,112 Shares
to Public—
437,130,031 247,766,791 :
138,644,653
Dr4,<H 1,798 '
excess
cash
Automatic Canteen Co. of America—Plans Recapital¬
\
.'For month of
''
.
,
3,454,645
,
Cr470
,
JJet ry. oper. income.-
,
.
,
.,
gen. &..admln. exp.
Other debits or credits-1
prior
in
—V.
1945—-10 Mos.—-1944
47,295,369 456,949,920
26,728,190- 342,881,573
13,700,972
76,630,006
Z)r284,785.Dr5,325,867
9,585,041
'Railway- tax accruals__
'
/.////..//;•/;'
-——-Calendar Years——
1944
,
! 1943 V
.M942
$22,311,832^ $42;360,903 $37,708,063 630,063,396
goods sold_____ ' 17,243,895
33,311,254 -*28,994,889 52,860,133
Oross sales, less disctsi,
1945~Month—1944
.j/\.
.6Mos.End.
■-:>
,
'
..
/
Railway oper. revenues/. r 40,985,047
Railway oper/: expenses!. < 27,910,138
>
■
,
preferred
$3.75
Topeka & Santa Fe Ry,—Earnings—
period End/Oct. 31—
,
owned.
first
payment of dividends of $1.19
stock (par $100) and $1.02 per
(Incl. Gulf, Colorado & Santa Fe Ry., and Panhandle & Santa Fe Ry.)
.
,
50%
7%
.the
on
basis of one share of prior "A" stock
a
.convertible
authorized
on the- $6 first preferred stock, no par value, both payable Dec.
1945 to holders of record Dec. 7, 1945. .This compares with $1.54
on the 7% stock and $1.32 on the $6 stock paid on Dec, 22, 1944, and
on Dec.- 21,. 1943.
•
Before taking into account the dividends just declared, arrearages on
the 7%-- stock would -have amounted to $81.69 per share and on the
$0 stock to $70.02 per share as at Jan, 1, 1946.—-V. 162, p. 667.
-
one
share
Nov'. 28
on
29,
buying and selling milk,, cream, skim millc, powdered
milk, buttermilk, butter, cottage cheese, eggs, mayonnaise, salad dress¬
ing and other related products at wholesale, and retail In the States ,of
.Washington, Oregon, California and Arizona.
The company acquired the businesses of Frigid Process Co., Inc., Ritz
Ice Cream Corp. and Mountain States Creameries; Inc. in 1942 and of
United Creameries Service, Inc. in 1943
It acquired its interests in
Donofrio Ice .Cream Cor and- Lakeview Creamery Co. In 1944., In July,
1945, the company acquired a 50% interest in Golden Valley Creamery
.Co/, a newly formed corporation.
Van's'Markets, of whose stock the
company owned a majority in 1940, is now, 97.6% owned.: During 1943
the company .acquired the assets, of Mountain States .Creameries. Inc.,
\' and this Subsidiary was dissolved.
Company owns 1.00%• of, the, stock
of each of its .subsidiaries except.
Van's-Markets, one minor. Subsidiary.
VO.4% controlled and
directors
/ share
'
general business of
.
for 4 shares of the cumulative
shares of common stock ami
authorized common stock
would be increased to cover the provisions of the plan, including the?
maximum amount required for exchange of prior "A" stock-and fop
conversion of cumulative convertible prior preference. stock,
and the
total authorized amount of common stock would be 320,000 shares."
Associated Telephone & Telegraph Co.—Dividends—
-assets, and assumed all of the liabilities, of the Northern and Southern
Companies and of Arden Protected Milk Co (formerly California Co*
operative" Creamery Co,), a subsidiary of the Southern Company. ,On
Aug. 1, 1940, the company became an operating company.
i vThe
business done is the .manuiacture, buying arid selling of ice
cream, ice cream mix and ice milk mix,, the processing of milk, and the
■
2635
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4443
.Volume 162
.
*
rate for
rate
of
Listing of 4^ % Cumulative Preferfed Stock—
The
New
York Stock
shares of--4%%
take
effect
outstanding
upon
Exchange has authorized the listing -of 45,12'
preferred stock (par $50), such listing* t<
the corporation's 45,124 presenth
5%%
cumulative preferred stock
(par $50'
cumulative
reclassification of
shares
of
(Reg. tT. S. Patent Office) William B. Dana Company, Publishers, 25 Park Place, New York 8, N. Y., REctor 2-9570. Herbert D. Seibert, Editor and Publisher;
William Dana Seibert, President: William D. Riggs, Business Manager.
Published - twice a week {eve^ Thursday (general news and advertising issue) with a statistical issue on Monday). Other
offices* 135 S La Salle St., Chicago 3, HI. (Telephone: State 0613) ;~ i ;Drapers/ Gardens, London, E. C., England, c/o Edwards & Smith.
Copyright 1945 by William B. Dana Company. Reentered
as second-class matter, February 25, 1942, .at the-post office at New York; N.-Y., under the Act of March 3, 1879.
Subscriptions, in United States and Possessions, $26.00 per year; in Dominion of
Canada, $27.50 per 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 fluctuations in the rates of exchange, remittances for foreign subscriptions and advertisements must be made in New York funds.
The Commercial and Financial Chronicle
the
into
stock upon
preferred
new
preferred
p. 2140. '
stock
'•
Boston & Maine
the basis of one share of the new
of
each share
■ < .♦
for
the
162,
preferred stock.—V.
V ; ' •
old
The
Dividend-
Corp.—Declares Smaller
Bendix Aviation
President, said:
"The
immediate
due
unique,
a
as
capital
aie
in the power
new demands
and
for military
equipment
of
supplier
major
aviation.
J'
Bendix
...
.
development
for
Bendix
of
needs
-
■
the fundamental changes now occurring
airplanes-. These have presented entirely
to
design of
upon
a
■
•
> '
'
,
consideration to these needs, as well
fdr reconversion of plants and facilities
increased
automotive
and
radio production;
as well
as for
marine and other-products of Bendix,"-he~ said.—-V; 162, p. 2266.
commercial
•
the
Co., West Bend,
Revenue
section
tion
the net proceeds, $415,023, together with $27,711 of
■credits of the' company with Fidelity-Philadelphia Trust Co., Phila¬
delphia, as of Sept. 26, 1945 were applied on Sept. 26, 1945 to .the
retirement, at 98 and accrued interest of the: entire $446,923 4 V2 %'
first mortgage bonds dated Jan. 1, 1941.
.
'
' ' '
valid and direct first mortgage upon the land con¬
stituting the site of the Leamington Hotel, Minneapolis, Minn., to¬
gether with any and all buildings, improvements and appurtenances
now
standing or at any time hereafter constructed or placed upon
the
premises,
and all furniture, fixtures,
furnishings, accessories,
linens, kitchenware, utensils, chinaware, dishes, etc.
,
.
; «
^
by
a
PROPERTY AND BUSINESS—Benson Hotel Corp. was organized in
.Nov.,: 1940, in Minnesota..
.:
,■
Leamington Hotel was erected in 1912, and since that time has been
operated ior both permanent guests and transients, the larger portion
of
the
bu lding
being given over to permanent guests.
It is the
of the present management, to increase the propor¬
tionate space available for transient guests.
.
.
•'
Occupancy of the hotel" has been continuously high for many years.
For the year prior to purchase of-the property by the company, room
occupancy was approximately 87%.
At that time-19% of the rooms
,were available for transient use and 90%
of the house for residential
use.
As
of this date 75%
of the room space Is available for per¬
manent
guests, and 24%. for transient guests. *.. The policy of the
company's management is to decrease the-percentage of room space
current
.policy
.
,
,
.
guest
permanent
centage
toward
occupancy
transient
for
and .mcrease -vue
60%
EFFECT
FINANCING
PRESENT
TO
Outstanding
Authorized
mtge.
serial and sinking fund
series
ref.
A—
bonds
'
Series
B
♦Bonds
structed
of
series
B
and
"125,000
.
.
$440,000
;
issued
buddings,
162,
only
900 shs.
land
additional
for
additions
and
improvements
or
.
'
,
2,500 shs.
be
may
only
acquired.—V.
or
:J___
($100 par)-—
stock
Capital
improvements
''' .'■"*"
v"v
$440,000
—
——„—™-
per¬
40%.
toward
occupancy
GIVING
CAPITALIZATION
':
period
in
October—
Net
respect
will
1945
income
to
its
earn
from
from
'
1945
railway____
con¬
Net
1942
-
"
.
535,297
,$2,156,284
884,394
$2,128,230
929.634
309,591.',
394,200
378,772
633,165
income™
$1,867,128
AND
F
of
$1,909,074
808,603
244,697
2,568,124
(Dr)-;
rents
20,254
26,690
210,958
$664,664
87,607
Total
88,978
$752,271
339,228
L
income
Net
:' $578,834
$417,008
panj
Net
from
from
°L
old
to
railway™...
15,543,982
*
Net ry. oper. income.™
—V. 162, p. 2141.
;
16,911,590
Co.—Hearing
close South Station—-
"••••*
Oct.
hearing
a
advisement
by
the
court.—V.
162,
3,159,669
3,323,881
2,092,470
shares
six
new
If
second
the
on
Machine
&
Co.—Exchange Offer
Under
a
recent
offer, each share of
7%
preferred
stock
exchangeable for $50 par value of second mortgage 6% bonds due
shares
three
shares
of
7%
the
4437.
p.
of
preferred
v
■■,
stock."
common
basis
of
one
be
shares
seven
,;
is consummated,
completely wipe out
paid-irr 'Surplus in
first
the
Net
stock
have
Sept. 30—
operating revenue deductions_____^__
'
30,
1945
balance
capital 'deficit
$8,285,824
of
of $506,000—V. 162,
;
p.
1945
•
operating
Other
revenues
Total
Net
—V.
income
162,
^-™
354,691
;
—:
—
income__l!^L-_-i!!_i._^_>.i^__._,
(incl,
expenses
fqnded
interest
to
of
war
for
of
on
board
of
trustees
Nov.
on
14
declared
extra
an
$1.50
one
the
and
outstanding
of. 50
regular semi-annual
of beneficial interest
unit
holders
to
cents
of record
Dec.
on
Nov.
17.
distribution
in
The
1,- 1944,-r-V.
the
.
$2
is
p.
667.,
-
acceleration
taxes
before
$4,174,624
of
stockholders
Nov.
on
9
authorized
the
payment
was
1944
on
to
carry
out
for the sale of the Fall R)ver (Mass.) plant.
The price
.was $750,000
for the physical assets, with the inventory to be sold
at the
market price prevailing on the
date of the transfer of the
) The purchasers
Abraham
are
Radin
of
New
York,
N.
Y.,
and
included, in
The
on
the. issued
holders
of
last, $1.15
shares
record
on
Nov.
on
of
Nov.
Dec.
15
15,
declared
capital
29.
Thife
Mills
a
stock,
on
and
Elevated
will
Corp.
the
operate
dividend
par
June
$25,
with
of
Peter
payable
$1
paid
per
Dec.
on
share
15
June
15, 1944.—V, 157, p.
Ry.—Bill Provides for
of
a
the
price
District
p.
!
Jordan,
Representative,
of
Revere,, Mass.,
company
not
be
in
to purchase the
accordance
exceeding
authorized
$85
to
a
issue
with
share.
bonds
2141.
shares- ($1
Valley Investing Co.,
par)
•*'1.'
••
used
for
Inc.,
Utica;
and Cohu & Torrey,
general
'
"
•'
.'' V."
corporate
for
redemption
preferred
stock
April
on
at
$120
•
New
1
'
purposes.
:
,
1
1,
next. -10,000
share.—V. 162,
per
■
...
Co.,
■■.•*;■ ■
r
'
.
„
^
.
.
be
to
used
Toledo,
to
Ohio,
fund
and
obligations
Eclipse
issued
Lawn
Mower
amortized
of
annual
principal.—V.
net
162,
authorized
the
mortgage 3% bonds,
the proceeds used in
of
Income
p.
over
outstanding
first
B,
connection
of
granted
the
series' B
the
to
Erie
and liability,
bonds.
the
of
the
with
3%%
bonds
;
the
redemption
series
:
-
■
as
A,
-
Lehigh Valley
RR.
guarantors,
,
.
states
offered
were
and
jointly and severally,
.
Commission
RR.
99.511%
bonds,
-
!
,
exceeding
not
sold ,at
.
obligation
report
be
to
mortgage
v
issue
to
company
series
1965./
was
toward
$500,000
•
779.
RR.—Bonds Authorized— 1
21
Nov.
and
respect
$50,000 semi-annually through May 15,
payable at maturity,, The comoany also has
50%
Creek
on
first
assume
Bush
■
1884.
'
Terminal
in
part:.
sale
for
;
.
•
.
through competitive
; ■■.;
;■•'
•
.
..
;
•
Co.—Earnings—
3 Months Ended Sept. 30—
Revenues
from
after
Federal
No.
238,244
tax
"
1945
rents,-
etc™™iv-v
int., etc.
deprec.,
and
conting.
profit'™—:
of
1944
$1,049,664
-
1943
.
$1,519,851
'
359,312
$1,442,76'*
469,659
'481.743
252,000
329,000
367,000
$107,312
$140,659
$114,743
518,460
518.460
518.460
$0.16
$0.23
$0.18
reserve—
:_™
™W
shares™—-
common
sh*>re__
per
—V., 162,
™__
131.
p.
~~
.
4
2,303,711
.
California Water Service Co.—Earnings—
869,491
$872,966
$295,616
—
;
101,556
Operating
——-
.
•/
*
.
..
1945
.
1944
$3,881,814
revenues
$3,634,248
Operating expenses and depreciation—2,414,588 ■
the
$771,409
$295,616
$1-41
$0.70
adjustments
Gross
1945
column,
■'
■
;
'
2,231,871
$1,467,226
—
income
$1,402,376
14,628
13,375
$1,481,854
——L
$1,415,752
—_
V
Total
Total
:
profit
/Non-operating
of amortization of war facilities
in the adjustment indicated for prior'
acceleration
income
deductions
(inch. Federal
taxes)—;
965,404
897,485
—!:———i——.
$516,450
preferred stock—^
; /
208,502
$518,267
i
is
reflected above
as
a
reduction in net sales.—V. 162,
p.
Brantford
Norris
&
Roofing
Co.,
Ltd.—Bonds
Dividends
1276.
these
bonds
under
on
Balance
—V.
208.502
—
$307,947
—.
—
162, p. 2388.
::
'
-
$309,765
*
Sold—Collier,
Ltd., Montreal, announce the sale
bonds in the Canadian market, consisting of
Quinlan,
Permanent Trust Co.
In the oplniqn! d^^punsel,
will be a legal investment for insurance companies regis¬
the Canadian and British Insurance Companies^Act,"1932.
Canada
tered
—
'
Cambria & Indiana RR.—Earnings—
from
Net
ry.
of
proceeds of the issue will be used to redeem the principal'amount
first mortgage 5%
bonds, series A, called for redemption fpn Nov.
1945,
:;
1944
1943
$156,148
$157,670
$178,661
1,319
58,974
62,226
78,880
income—
44,160
58,665
86,430
43,814
1,282,221
442,558
1,534,138
1,562,762
633,564
480,902
1,765,018
804,849
488,978
543,613
477,112
656,039
from
Net
1945
$80,919
railway—
October—
Gross
1960.
Trustee,
income
Net
1945
for improvements to
purposes.—V. 132, p. 316.
and
plant
and
equipment
and
;
railway—
oper.
1942
From Jan. 1—
Gross
from
Net
from
Net
ry.
railway—*.
(Including
15,
of
has
filed
a
bill
Metropolitan
238,794 shares of common stock
Chapter 333, Acts of 1931, for
His
to
bill
effect
also
the
—V.
railway—
oper.
162,
Period End. Sept. 30—
provides
that
purchase.—V.
the
162
profit
——
Earnings per share-—V. 162, p. 2011.
'
Domestic Subsidiaries)
1945—3 Mos.—1944
$1,032,073
$0.53
$1,343,659
$0.55
,
1945—9 Mos.—1944
$3,235,847 $4,042,300
$1.66
$2.07.
....
Bridgeport Hydraulic Co.r—Calls Bonds—^
3'/4% bonds, series H, first
mortgage 3%% bonds, series I, and first mortgage 3% bonds, series J,
have been called for redemption on Dec. 20,
1945.
Payment will be
made * at
The
Bridgeport-City Trust Co., trustee, Bridgeport. Conn.
The
series
H, bonds will be redeemed at 105, the series I bonds
All
of
the
outstanding
first
mortgage
p.
income
2142.
other
,
Briggs Manufacturing Co.—Earnings—
to
1939.
Purchase
Massachusetts House providing that, the-Boston
J},
int.,
Canada Malting Co., Ltd,—Extra Distribution—'
The
$1.75
Stock—
District be authorized
100,000
on a ra te of 3%
per annum, was made by Wood. Struthers &
agent, and has beeen accepted., On this basis the average annual
cost ,of.„ the
proceeds
to
the
lessor
will
be
approximately
3.02%,
$1,403,351
114,379
.
—
of
-
in
vision
Net
Boston
SEC
The
compares
1944 and $1
Y.—Registers
106,874
Scrymser Co.—Dividend of $1.75—
directors
130.
p.
Co.,
provision for renegotiation and
price adjustment with
profits has been set up in the amount of $2,261,134
accordance with established renegotiation procedure this pro¬
to
corporate
Borne
162,
,
Albany," N. Y.,
be
called
balance
the
—V. .162,.p.
1,
Ovsay Lipeitz of Brooklyn, N. Y.
It is
reported that Richard Borden
plant.—V. 157, p. 1805.
for
forwarded
V
$150,000 3% five-year serial bonds, and $350,000 4% first
mortgage sinking fund bonds, series A, dueroNov. 1,
the agreement
property.
N.
and
deposit
be
Maine.—V.
Utica,
the
Mohawk
the proceeds
apply
ICC
Earns,
income--.-™..--
adjustment-
before
portion
of $500,000
,
directors
bonds;
of
amor¬
™_i_.
share
per
payable
(Richard) Borden Mfgr< Co.^—Sale Approved—
The
such
should
NOTE—A
each
on
both
previous extra
162,
-
based
distribution
of
Trust,
that
com
bid¬
ding and invitations to bid were sent to
164
investment
houses,
banks, insurance companies, and others, the bidders to name the rate
of interest to be borne by
the- bonds in multiples of V« of 1% per
annum.
In
response thereto 3
bids representing 8 parties were :receiyed.
The best bid, 99.511 per cent of par and accrued
interest
-
of
Dec. 1
Co.
.
Jones
is to be
the
to
The
i
and
current
facilities——-^.-
Federal
income
♦The
respect
,*■
Bond Investment Trust of American-Extra Dividend—
The
loan
$2,881,000
in
$1,296,477
883,568 ■;
debt)
year portion
income
Net
~"~~
-
j
v.'
for
States
Portland,
with
,/
will
12 Mos. End. Oct. 31—
$1,607,672
---::;.v.
'
1944
•
$4,034,653
139,971
operations
on
years.
—:
•:
243. '•:.•■■'■ "
p.
Y.,
L.
Nov, 1,
Authority
1,955,589
income
Net
11,174
i_™__
the
are
has
8.
due
15,069,224
Provision
$1,962,363
deductions_„>:
29,' 1941,
reorganized
the
$1,951,189
jL-.
income
income
securities
Nov.
on
in
are
Issued and will be
will issue and sell the remaining
Public offering price is $7.75 a unit.
*
N.
with
and
of
$18,321,291
Total
.-,i-
11,036,567
_™™„
income
Gross
old
company's
certificates
or
United
Commerce,
outstanding
Buffalo
.
2,327,687
income
Earned
-1
stock
the
The company
i
York,
The
and
'26li:
24,384,355
Adj. of prior yr.'s amort, of war facilities (net)
Net
the
the total,. 84,996 shares
($97,526)
$2,850,000
$12,987,756
i.
of
securities
deposit receipts
in
registered
Of
•!
reduction;of
;
$30,746,695
tization
SEPT.
/ ,'•
Total
;
of
■
agreed
3V2
each
for
service expenses—^™—
and
sales
Current
12 MONTHS ENDED
revenues
of
sur~
Prophetstown, 111.
Net
-
operating
be
.
of-its
-.The
into
the basis of one new
held.
v
sheet will be changed
■
EARNINGS STATEMENT FOR
has
"
company
Profit
Other
Total
/.
The
sales-*.^.™-^—_^^_™™„-*._'„.
of
Net
Birmingham Electric Co.—Earnings—
stock
' VV -
underwriters
1954,
common
sales—:
Admin.,
Other
:
fractional shares
common
'
was
reported that all but 50
been so exchanged.—V. 134,
for
and
reorganization,
new
preferred
stockholders.
acquire
Co.,
(& Wholly Owned Subs.)^-Earnings—
Bowser, Inc.
30.
close'
the
company .has obtained a ten-year 3% loan of $1,500,000 from
Marine Trust Co., Buffalo, N. Y., and Marine Midland Trust
Co..
New
pre-
reclassified
be
common
new
present
a
excess
at
owners
mort¬
Nov.
The
the
'!'■
exchanged on
of
company
general
Buffalo Bolt Co.—Receives Bank Loan—
is
It
for
securities
875.
i
Recapi-
on
outstanding
of
would
preferred
would
common
9 Months Ended
1964
,
and
holders
its
Manufacturing
company
The
-V•? '"•* ;■.} -* •' t
plan
to
a
share
each
--
preferred, held. •'
each
for
this
as
show
•'
stock
of .second
present
for
common
.''t''"
registered
this
1
ended
5, 1948, after which date they become void
applies to the first'mortgage 5V?% gold bonds,
Bank
SEC—
shares
p.
•
...
non-cumulative
common
so
of
to
months
Bucyrus-Erie Co.—Calls 10,000 Preferred Shares—
to
-
V
common
Cost
Bethlehem Foundry
of
°? deposit or
Such
Proceeds
corporation
ferred.;
price
,-V< *
-
April
This
•
cumulative
York.
has called a special meeting of holders of .its
first preferred,'second-preferred
and common stocks to be held on
Dec.
5,
1945, at which they will be-asked
to approve, a plan of
reorganization.
Favorable* two-thirds vote of each
plass of stock
outstanding is required to make the plan effective.
: '
'
Tire
plan is substantially the same as that which was. advanced
by the directors earlier this year and later dropped when opposition
developed on the part of Cleveland interests with sufficient holdings
to block the plan.
It is now stated by counsel for the Hotel company
that this opposition to the plan has been dropped.
;
"
:
/
The terms of the plan follow'
'
*
' '
k ;
The
7%
cumulative first preferred stock
will be reclassified into
The
'
■
1
.
Corp.- -To Vote
Bowman-Biltmore Hotels
talization—
; 7,685,461
3,785,608 :
time
before
or
15,004 shares.
1164.
p.
t
/
reminded
exchanged
Brunner
before
15
six
preferred
common.
be
co™n}°n ■ 8*ock'
Petition to Fore¬
on
has
Colony Trust Co., Boston, and Chase National
scrip agents for preferred; State Street Trust
Continental
Bank
&
Trust
Co.,
New ^York' are
also
National
The
Federal Judge Francis J. W. Ford at
Boston in connection with a petition to foreclose on company's South
Station, attorneys warned there was danger of the station being closed
to the public if the Boston & Albany RR. were left "holding the bag"
for
payments for its use of the terminal, due to possiblity of with¬
drawal of trains of the New Haven Railroad.
i.V..
The
continued
hearing was held on petition of Webster & Atlas
National Bank, Boston, for modification of a restraining order entered
Nov. 20,
1939 and for 'leave to foreclose all mortgages held by the
bondholders of
Boston Terminal Co.;
The matter was taken under
At
18,555,430
4,335,998
17,276,943
4,414,086
3,029,076
the
for
the
stock.
•
Terminal
689.
p.
the
date
George R. Cooley & Co., Inc.,
Boston
Associates
are
for
order.
6%
with
.
railway
on
court
such
$6,043,367
$4,292,933
156,
for
that
on
at
must
by
Old
and
Coburn
The
162, p. 2266.
Utilities
30.
York,
agents
these
From Jan. 1—
Gross
States,
s°m»y
—V.
bonds
certificates
New
Mr,
3,571,957
-
Eastern
reden^ption on or before Feb. 6,-1946, after which date
certificates
outstanding become null and
void.
In
the
outstanding
$9,615,324
$7,719,763
3,426,830
$918,062
335,263
income
Rentals Int., etc.—-
,
for
Boston,
scrip
$6,647,553$8,548,991
1,072,210
1,068,333
$829,084
'
Nov.
scrip
Co.,
'
income!
oper.
ry.
mailed
trust
Bank,
2,495,795
257,562
..
accrued
$1,900,000—
*}Y; Coburn urged that scrip certificates
United
$16,259,156 $19,546,905
6,832,521
8,244,557
642,354
Borrow
of
interest.—V.
cumulative
were
rendered
the
1945—10 Mos.—1944
210,435
with
.
;
Coburn, President, announced that on Dec.
the semi-annual payment of interest on the
5%
voting
$69,874,079 $73,278,640
53,614,923
53,731,735
5,541,818
$1,537,707
accrued
business
?'
'
5,041,351
and
Checks
V
,
together
G
gage
pay
31
OCT.
ENDED
102
made,-
$7,450,892
$6,579,058
__
decide to
will
road
10 MONTHS
Other income——.,——
Net
the
of
subsidiary
a
»/8,
Brown Co., Berlin, N. H.—To
Pay Bond Interest—Ex¬
change of Old Securities and Redemption of Scrip Urged
but
(Br).
rents
fac.
Joint
charges
-
:—
The
1943
:
fixed
rev.—
operating
Equipment
-
383,791;*.
$1,319,554
railway
oper.
1944
the
company,
104
1343,
p.
000
said
of
provlsipn
bonds 'at
158,
°r ^°^panj''s notes. series A, 3%, through purchase at the call
of
September, 1945,-the amortiza¬
emergency
equipment and facilities,
1945—Month—1944
'
revenues
Taxes
she res
/
The
of
Directors
1946.
;
'' /
1,
May
Operating expenses
Tlie
RR.—Earnings—
the
under
elected
the. end
account, -the
,..
new
Net xy.
with
'6f
as
>
series
requested authority from the SEC to borrow $1,900,000 from, the Chase
Bank, New York.
Proceeds from
the
loan, which will be
evidenced by a 2%%
promissory note due in ten years, will be used
together with other available funds of the
company to retire $1 900
substitute ;jtherefdfuin
to
Operating
979.
p.
Bessemer & Lake Erie
Gross
railroad
terminate
the
each. -case.-rV.
National
emergency
RESULT FOR MONTH
SECURITY—The bonds, in the opinion of counsel for the company,
will be valid and direct obligations of Benson Hotel Corp. and will be
1st
war
remaining
the
PURPOSE—Of
.for
-The
Code.
to
such interest on
.
,
for
and
in
Brockton Edison Co.—To
include
equip¬
operations for October, 1945, however, did not
any monthly charges for amortization of
expenses
Int.; -bonds due
secured
compared
1945,
108 y8
•
projects.
The elimination of
charges from operating expenses in October accounts contributed
to
the amount available titter fixed charges the sum of $183,875 as
this was the amount which
would have been charged to
"operating
expenses" if amortization, had been Continued.
The'President of the
United States by proclamation on Sept. 29, 1945, declared the termina¬
tion of the emergency period defined in section
124 of the internal
in
1, 1946 to July 1, 1948, incl.,
serially semi-annually Jan. 1, 1949 to July 1,
1951
inch, bear 3*/*% int.; and bonds due serially semi-annually Jan.
1
1952 to'July 1, 1957,-inch, bear 3y2% 'interest.
First
National Bank of West
Bend, Wis., corporate trustee, and
Louis Kuehlthau, West Bend, Wis., co-trustee.
Coupon bonds in denominations of $90,000, $17,500, $17,000, $16,500,
$16 000
$15,000,
$15,000,
$14,500,
$14,000,
$10,000,
$5,000,.
$1 000 '$500 and $100, registerable as to principal and interchange¬
able as
to denominationsPrincipal and interest payable at First
National Bank of West Bend, West Bend, Wis., or at First National
Bank of Minneapolis, Minn.,' and Continental Illinois National Bank
and. Trust -Co.
of Chicago, paying .agents.!•',
i
'
'
at
interest
income of, $417,008... after
with $578,834 in October
net
such
serially semi-annually Jan.
Bonds due
bear 3%
reported
probably only a portion
of its contingent charges:
It is anticipated, however, that even if the
itnerest on the income mortgage 4J/abonds is not reported as earned
dated July 2, 1945, at
sinking fund bonds, series A,
100 and interest.
;
and
October,
facilities
and
road
serial
$440,000 1st refunding mortgage
Wis., are offering
27
he year
end adjustments in December
amOrtizatlbiv, of the equipment mentioned above.
As
a
result of the b'bove "election, there will be Included in December,
1945, income account the "following items:
Debit
to
"operating expenses" $6,375,985; credit to "railway tax
accruals" $2,677,914; or a net debit to the income account of $3,698,071.
The
result of the ' above transaction is
considered to mean that the
Minneapolis,
Hotel Corp. (Leamington Hotel),
Benson
Minn.—Bonds Offered—B. C. Ziegler &
in
,
operating
ment
the
for
large requirements
the
in
and
as
given
have
directors
"The
to
charges
year.,
Monday, December 3, 1945
RR.—Earnings—Interest Outlook—
Nov.
on
The results of
dividend of- 50 cents per-share
on
the common stock, par $5, payable Dec. 29 to holders pf record
Dec. 8.
This compares with 75 cents per .share paid on March 31,
June 30 and Sept. 29, 1945, and in each quarter during 1944
Commenting, on the reduction in the dividend, Ernest R. Breecn,
21 declared
Nov.
directors on
The
company
fixed
last
and
& FINANCIAL CHRONICLE
THE COMMERCIAL
263$
liave
directors
declared
a
bonus
of
50
cents
per
share
and
the
quarterlv dividend of 50 cents per share on the no par value
stock, both payable Dec. 15 to holders of record Nov. 15.
A
similar extra pavment was
made on Dec. 15, last year.
Total dis¬
bursements in 1945 will amount to $2.50 per share, the same as in
usual
capital
1944.—V.
154, p.
1300.
,
Canadian National
Period End. Oct, 31—
Gross
revenue
Expenses
Net
-V.
—
'
1
Ry.—Earnings—
1945—Month—1944
1945—12 Mos.—1944
$36,631,000 $37,496,000$363.951,000$365,644,000
™.—
31,205,000
-
revenues
162, p. 2012,
.
.
;
32,324,000 296,452,000 299,261,000
$5,426,000
$5,172,000 $67,499,000 $66,383,000
*
Volume 162
THE COMMERCIAL ^
Number 4443
Pacific Railway—Earnings-^-
r Canadian
Sept. 30r—
.
Gross'earftlngs
Working
,1945-—9 Mos.—-1944
1945-^Month:—1944
$
■
$* "
-
J™— ' 26,181,444
■'
■
Week Ended Nov.* 14-
:
*:■■: ■1945"'
'
Ice
1944
.
'
Week Ended Nov. 21-
►
,
$5,915,000
'*
•
retirement
Duluth, South" Shore & Atlantic: Ry. first mortgage' 6%*.
are ,not
entitled, in ..any plan- for. reorganization pf
the-company,', to. priority over/the.claims, of .Canadian-Pacifiq Ry. as,
owner of $15,107,000 D! S. 8. & A. consol. 4% bonds due 1990,. accord¬
ing to e District ruling by the tU. 'S. bircuit. .'Court -oiAppeals/for .the
Court filecU last; January,
Canadian Pacific also owns a • majority of
Court filed last January. . Canadian .Pacific also owns a majority of
the'preferred. an,d common shares- and other, obligations,' of. the- Duluth
Company;
;
/. V;'.1
The suit* for? subordination of Canadian* Pacific .claims, brought -by
a representative of holders of $157,000 principal Amount of the $4,000,-.
000 Duluth first mortgage 5Si, was, based, on claims of.,the legal effect
Of the traffic agreement between: the two -railroads, the insolvency of
the Duluth-at the time of the abrogation ,-of the agreement and con¬
trol of the Duluth by Canadian Pacific through stock ownership.—
V,; 162, p, 2514.
V;..:>. /;
"/,-V» ,;i
.'
Holders
bonds
of
due
the B
1937
v'"1- -■■■>/•
'v.;
;
.*'* "ai (tv
Carolina Power.. .& Light Co.—/Earrungs.—
.'
1945—Month—-1944
<
Period End. Sept; 30—
Operating.'expenses
serve
,.
-
and'
thereafter to the -retirement, of
$7,945,007
$7,832,291
$1,857,766:
Retirement
/'•-
Toial
income—
income
of
211,654
—
149,365
retirement reappropriation*..
and
Fed.
328,663
$569,851
,
<1,518.
:
Net
$315,271
revenues-
pper.
income
5,228
'
.
;
$4,036,618
162v p.
1,195,675
;
•yyiLy
Net "income
—V.
$4,126,912
4,309
66,231
22,929
:/ $334,926
153,441
145,289
•/
charges-
etc.*
$4,102,849
1165.
789,183
680,525
(normal-
tax
:v
-
Net income
Divs.
$799,546
!v VI. 573,642
$846,165
612,726
$1,033,989.
779,541
profits • tax_!
excess
applic. to preferred stocks for period--—
,
162, p.
directors
its unsecured serial. notes in the
$5,600,000 tb mature in the amount of $350,000 on April 1
in
each of .the -years 1946 to 1953,
inclusive, bearing
.
13,
.
declared an interim dividend
27
Nov,
on
50
at
2%
annum,, and
which
.per
notes
rate
of
\:
162,
2388. '•,
p.
/
•"
similar
year
cents
-7'!V
7/'^/"''/:v
per
inc.
Retirement
Amort,
vj
of
Utility
•
♦Other
special meeting of stockholders has been called for Dec. 27, 1945,
act upon a
proposal to authorize a new class of preferred ■ stock*
the; amount
of 200,000 shares, (par $50)
and to increase the
to
-
of
of
shares-
stock
common-
-from
900,000
-
facilities/ increase its working capital and build and equip a new
plant.
The.directors recommend that new financing in the amount
of
approximately $6,000,000' be effected at this time through the
issue and sale of 120,000 shares out of- the- proposed 200,000 shares
of new preferred stock to be authorized;'
'•/,
777,
In connection with the sale of the new Preferred Stock;
it is.
■
.
proposed to call for redemption all of the outstanding shares of the
present ?4Va %
preferred stock and, in view of the present market,
price of the common-stock into which the present preferred is con¬
vertible, it is anticipated' that, because of conversions,; only a small
portion
the issue
of
will
remain
to
be
of
redeemed.
Upon completion
stock will become the.
the proposed financing;, the new preferred
senior security of the corporation.
:-/7/77
■'7,77 '* 77'7 77:';/ 77/7
i
The
dividend
will
issue
new
rate,
be
offering
and conversion feature of the,
the light of market conditions pre¬
price
in
determined
shortly before the offering of the new stock which probably;
early in January, 1946.
Subject to the effectiveness of a
registration statement" to " be * filed;' shortly under the Securities Act,
substantially all of the 120,000 shares of the initial series of the new
issue, of, preferred stock will be offered to-' holders of common stock,.
It' is expected • that the corporation will enter: into an underwriting
agreement with an investment banking group headed by Harriman
Ripley & Co., Incorporated and Hemphill, Noyes & Co. to provide;
for the. taking up of. any shares of the new issue not subscribed for
vailing
will
:
be
.
by. holders of common stoek.—V.
r
162, p. 244.
77/
Caterpillar Tractor Co.—Earnings for October 1945—
(Including Wholly-Owned Subsidiary, Caterpillar Military
Sales
purchased,
and services
Engine Co.)
-_7 $13,371,513
—,
——
-
-
Materials, supplies,
■
77*
v
6,762,962
4,340,129
etc.--
Wages and 'salaries.;—
CrJ 9,489
Federal taxes based on Income—
Net
1,595,310
due
year
$273,609;
— *.
income taxes
for
.—V.
$408,818.
3,126,316
347,103
163,002
140,548
adjusts.
acquis,
50,000
income_-J__-_V.__-'
7
87,500
P'eriod, Eucted Sept. 30,1945—
;
1
income from opeiations—_.._._—-.—_
,
Gross
Selling, general and administrative expenses..^. ;
Net'operating profit___*-J_
Other • Income V
86,718
.
.
/
158,662
74,130
Interest
on
debentures__™-_i_iJ*r."_L_-:__V:-_-.'-
Amortization of debt disct., premium and exp.__
on income—
68,841
Provision -for^ Federal .taxes
Net
.
.
Income
Earned
'
per common
share
i
;
;
—
.
3,329,600
$1,830,622
/.
-
,
.
209,852
9,980,600
12
$609,747
$288,965
$418,030
149,992
166,019
$138,973
127,781/,
$443,728
.
'
—'J.
Harold Blarxeke,
1
Company-does not have any
termination, of
the
President, states:
war.
Of company's, facilities
v
$5,630,340
,$0.73.
"
-,
,$2.28.
...
reconversion problem
Plans
are
at_ various
under
way
as
fThe
r
common
stockholders-
on
Nov..
20
162, p.
approved
increase the inembership of the-board-of directors
w-ith
Albert
C.
Simmonds,
result of the
a
1884.
-
.
■
;
^
170,000
250,000
tax? savings
;r r.
to
eleven
Jr.,- Vice .President of-the Bank, of New
York,, and Barrish Fuller, Louisiana lumberman, elected. to fill the
new vacancies.
The directors including the two new board members
$23,443
$268,087
p.- 980.
7
shares of
under
AND
took
purchase
Noon
oh; Dec/-7;-
noon'
1945.
;
1
"
'/
•*'
■
•
whether in registered
1945.—y. 1-61; p. 764.
for purchase,
on! bond4. accepted
form, will be paid to Dec, 21,
Louisiana
/
'
.
309,621
2,088,152"
2,235,313 .
1,219,909„
V; 582,812
287,236 "
564,849 '
Taxes, .other then Fed._<
income and excess
1,055,944
Fed.
:
990,000
profits taxes—
'
'
oper.
income
$3j285,119"
$350,115
- 284,253
3,547
(net )-
1,762,988
3,050,635
$848,584" $2,919,685;
1,531 9,571
$764,226'
income___i
704,947
$3,289,422
• 1,508,538
4,302
>-
.
Ice &
'
...
t;
v
income,$767,773
Gross
;
Sept. 7, (UH&'the- board of
to stockholders the right
UNDERWRITING—On
appropriate action
'
Depreciation7
comm6n stock (par
as
or
-.
264,138-"
/Int.- and Other deducts;^J:
$2,929,256
1,159;496
'
to extend
common stock. in the ratio- of IVz
stock ior each l0' shares held.
Company." also permitted,-,
Vv. 162, p.-876.
$l4.7«9,75£l";;$l,?8P,882
$565,862.
$503,635
income-^.*^-—
;.Net
conditions, employees, and- officers to subscribe to/ notThe maximum ^offering was limited to 11,162.
shares and 5,935 shares'were Subscribed by stockholders and bv em-'
1,000 shares.
;
.
Central RR.
Period
ployees and officerjs, *;• The 4,065 shares of
common, stock now offered
parb of the shares previously so offered for subscription. * The.
Underwriters have agreed to purchase such shares from the company*;
•
f
certain
exceeding
are
•
.
Tenders-r-?
1945—3 Mos —1944 -. • 1945—12 Mos.—1944 •*
r Period End-. Sept / 30— $4,460,169
$4,106,193 $16,330,223 $14,598,287.
Operating, revenues f—.4
Operation' _iV'4-_V-444*.;>';
1,475,453;
1,308,119
5,447,361
4,964,799
1,441,285
Maintenance i*_;_
356,021
374.494
1,457,319
additional,shares; of
new,
,
:
$70,312
Louisiana
OFFERING
to
$47,570
avail, for common shs.—
Central Power/ & Light Co.—Earnirigs—
$53,939
$125;336.
C^'iName,changed .Aug. 27, 1945.
directors
.
182,000
.v'i
•
20,958
preferred stock
on
162, p. 1765.
Other
Electric
PURPOSE-^-In
company has
six
the
months;
ended
period
June
30,
Net
Fixed
spent $137,062 for extensions to its electric transmission
the
sale
the
the
for
$160,000
approximately
from
burse
same,
these shares of
of
^
purposes:
The net
stock will be used
CONSOLIDATED
$2,136,411
deduc. >: 1,873,351
oper.
rev.
Operating
Other
$1,939,170
1,661,826
1,812,079
u_
$263,060
$284,523
!—
11,519
8,988
,/ $274,579
$293,512
income
income
'
STATEMENTS
$2,036,603
revenues—
oper.
Total
INCOME
Jun 30, '45 Dec. 31, '44 Dec. 31, '43
12 Mos. Per. Ended—
Total
income
•
&
inc.
state
taxes!
63,496
/
CA^IT-AliZATION
P" vk
.
;;; Mr.
Press
65,000
1,
paid
were
:
UPON" COMPLETION OF THIS
bonds,
3Vz%
1961
series
_"r_—
-
4,454,945/
$1,092,334
Reorganization Plan—
Guy L. Fake recently signed an order
until April 13, 1946, to complete reorganizatibn
hands of Federal Court trustees.—V.
giving the
plans. The
162, p. 2142;
.
Appointed—
appointment
/
;
Joseph T. Sullivan of East Orange, N.,; J., as
was announced on Npv. 24 by William .Wyer,,
of
Sullivan, who for the past two years was head of the Associated
Bureau
in the State House at Trenton, succeeds Raymond F.*
of Plainfield, N, J.
Mr.. Blosser resigned from the Central to-
Blosser
the staff of Verne Burnett, public relations counsel,, with .head¬
quarters in New York, N. Y,-—V.* 162, p. 2142,
V
-
Joint
*75,000
;
$189,017
$192,238.
Taxes
!
$1,308,811
.
Judge
is in the
The
29,252
Income
'•
.
FirStOMortgage
Jan.
State
and
Federal
$146,449
4,427,588
Director/of Information,
Chief Executive Officer.
$293,269
27,290
$207,036/
$184,917
surplus
road
1,694,696
$284,528
$63,369.60 for 1943 and $67,753.10 for 1942.
446,315
♦$45,811
Director of Information
$291,435
$27.7,344
7,184, ;/;,/•. . 1,83d
;
.
.
.
.
'
4 60,000
.
company
V
.
actual
.
441,656
!
Get Six Months to Finish
Federal
Dec. 31, '42
$1,986,131
26,475
-
26,166
deducs.—
income
.
.
;
;':*".f:Defic.it>.,':,'':^-Vyy-' i
reim¬
cost of extensions to its electric
transmission and distribution system and to provide funds for further
like construction.
.Vv
":V./V>v;
395,845
'
chg§. & other de-
Net -income
proceeds
to
common
$5,035,347 $47,867,677- $51,132,210
497,345". 4,821,661.
4,674,141
592,764'
5,736.399"
5,547,27(1
$4,267,859
* 298,285
for the
in part
company
•
ductions
and distribution system, including services to customers. It is estimated
that during the last six
months of 1945, the company will spend
1945—10 Mos.—-1944
1945T~Month—1944'
operating; income
ry. oper, income
Gross income
the
1945,
of New Jersey-^October Earnings—
End.. Oct. 31—
Gross
a
Central & South West Utilities
$59,"»83.14
The
'
FINANCING '
'V'V '•■'- Authorized Outstanding"
A, due
'
*Unlimited
$570,000
.
directors
Nov.
on
20
declared
Co.—Dividends—^
dividends of. $1.75
share on
per
the prior lien preferred stock, $7 dividend series, and $1.50 per. share
on
the prior lien preferred stock.
$6 dividend series; botli payable
Dec.
20 to holders of record Nov, 30.
Payments so far thi$ year
were
On
On
fo'lows:
as
'
•
.
15,
$7 dividend series: Feb.
and Sept. 20i $3.50 each.
the
20
the
$6
dividend series:
and Sept. 20,- $3 each, i
'Dividends are in
Feb.
$10.50;
March' 20,u$l,75j and
,
15, $9;
March 20,
$1.50;
J "
and June
20
of
."Jaii.i;ir1.i941.
At,.a""spepial meeting of. stockholders held on; Aug, 27, 1945, an
amendment,' to the articles of incorporation .was adopted (a) changing
the, nanie
company, from'
Electric Co.,
Louisiana, Ice & Electric Co., Inc.
Inc., (b) increasing, the par value,
of the common stock from $1 ppr share to $10 per share and
(c)
increasing the authorized common stock from 70,000 shares-to 109,000
of .the
Central
to
shares.
In
Louisiana
connection
of
amount
ment
,
holders
of each
value of the stock,-
With the increase in the par
$630,000
was
transferred
share
the
frorn
account" to its capital-stock-account.
of old conimon
-
company's
capital
Pursuant to'the amend¬
stock; of the par value of
$1. per share is entitled to and will receive in
share of old common stock one share of the
exchange for each such *
new
common
stock
of
transmission,
light,
heat,
distribution,
power
and
purchase
general
and
sale
industrial" and
pf
electric
utility
energy. for
purposes
and
n;-Gustine,: President,
; A.
Liquidating Div.—
announced
that, the
entire
assets of this company have been ordered distributed' pro'
registered owners of the outstanding stock according to
their respective holdings;
Accordingly a final liquidating dividend of >
25 cents per share; on the outstandirig shares has been -declared," pay- able to record holders of said shares at-the time of and upon surrendertd/The Manufacturers National Bank of Detroit,
151 West Fort' St.,to
rata
the
Detroit, Mich.,
cellation.
An
or their" respective certificates of said stock
initial liquidating distribution was made on.
to Stockholders
oh
of record May
31, 1945.—^V.
162,
p.
for can--'
June 6,
1Q93.
Central States Edison^ Inc.—10-Cent Dividend-—15
'•The directors
•
on: Nov.-27
remaining
;
BUSINESS—Gompativ is a public utility operating - exclusively in the
of Louisiana. • It< is-engaged- in -the-business-of-the -generation,
State
both issues.-7-V. 162, p. 1165.
Central Specialty Co.—Pays Final
last,
value of. $10. per share. ,The shares of common stock presently
are
a
portion, of-the additional shares
authorized by-the
recent amendment.
-
arrears on
v
,
offered
r
a' proposal
$351,919
83,832
coupon
^
front
'*;*■ Company organized in Louisiana, Dec. 27, 19.34
the par.
from nine, to
20,958
Net
surplus
for extensive expansion
.iocations.-1-y.
Celotox Corp.—Increases Directorate—
,
.
$44,401
$68,528
income
.Interest
91,699
L
—
fered at $26 per share, 4,065 shares of
an
;
.183,616
64,157
company
291,399
$6,584,472 $20,115,612
1,055,380
3,394,733
300,029
'
900,086
_
$599,693
77,121;
6,303
A.
J.
-
•
Total income
-
Simpson, Treasurer, 165 Broadway. New York.:N. Y.f! will until
(E. S. T.l' on Dec. 5, 1945, receive bids for the sale to the
of its first refunding mortgage "(non-callable): 4% 'gold,
bonds due- Aug. 1, 1949.
Notices of acceptance of tenders, in whole
or
in part, or of -rejection of tenders,: will. be-matted not later than
$536,617
59,485
V
"
Depreciation •-!—
V 1,364
-
Central Pacific; Ry.—Invitation for
-
$6,497,754 $19,824,213
—
V-
43,521
Balance
—V.
June
.
——- -
__——-
$121,523
Net
!■;
Electric Co.,, Inc.—Common Stock
Offered—E. H. Rollins & Sobs, Inc., Woodcock, McLear
& Co.; and Woolfolk, Huggins & Shober, on Nov. 2 of¬
r;
9 Mos. , !
$8,949,785 $27,032,547
2,452,031
7;208,334
income
-
$229,481
$259,368
:
...
Federal
162,
for 1944,
Companies)
^
Quarter
$595,206
4,486
Income deduotions_*i4.^-i*__!
for Federal income taxes_*.
145,598
dividends
Balance
(Including Domestic Subsidiary
.
3,228,674
450,775
! $290,249
Central
■
173,116
$120,159
$116,943
1,409
income '.4——-'*.-—,
Dividends
*
;::
,
3.405,573
V 143,716
.
filig of consol. returns4---i_iil.il
♦The
'.
1943
$3,970,534
:
■
Gross
Celai^se Corp. of America—Earnings.*
pit.
1944'
:
for previous months of
month of October^——.
2oi2,7 /
42,475,
$118,353
Gross
Total
r
„
$4,033,305
income
♦Includes
Fed;
Profit
192,745
48,535'
44,495-
_»
.'
11945' V:-;-
income
Total
-V; 162, p..
^
:
•
recomputatioh_.'i.u.;v..'--.—13?
to
162, p. 2388.
$4,309,431
profits taxes-„.
accruals
deductions
Common
.
profit
Reduction of Federal
per annum.—V.
Preferred dividends •!
7;,
7* Net
util.
—
in ' inventories——...
change
Net
162,525
Depreciation and amortization.;;—
Interest expense (net)
Operating
/
12
•
will
which
47,902
.
■■
than:. Federal/income*..;
Other incbme
said
after
maturing
to
provide additional shares for conversion rights;
of the new preferred stock.
In a letter to stockholders; Willis Carrier,
Chairman, and Cloud Wampler/ President, state that, in view of the
highly favorable business outlook }n the* fields of air conditioning, refrigeration and industrial heating, it is apparent-that corporation
should obtain additional capital td further improve its manufacturing
1,200,000,
excess
reserve
operating
Gross
Income
.
number
the rate of 3 %
income (net)-,—
A
authorized
and
.
; i
$2,800,000,
.
were
Carrier Corp.-r-Proposes New Preferred Issue-—-
and
annum,
$2,404,676
400,556
913,461
129,591
96,734 *
32,312
-
!
;
210,397
33,096
216,900
t
:
12 Mos. '45
$550,765-
95,141
•'*.
$2,800,000, maturing to October, 1949, bear interest at
2%%
.
7;V'7''; / 7.7:
/
other
Taxes
1,341,836
use
^ 12 Months Ended Sept. 30—' ; '
v
Operating revenues
Operating revenue deductions.!.*.-.;^
Fed.
■'
-
distributions
to
1,341,836
1945—3 Mos.^-1944
i—!—-
;>
renewals,! replacements;
for
$3,246,689
Central Indiana Gas Co.
}
stock, par $5, payable Dec. 13 to holders
made so far during the current year
12, 50 cents; June 13, a year-end of 75 cents; and Sept.'/
last
1,272,784
1,031,458-
Co.—Earnings-^
Pi-ovis.
Other payments
50 cents,-:. ■ ./;./'/■/:/,"-v
or
about the same dates
made.—V.
of
895,33^
.
$3,146,916
$554,330
retirements
and
:
of
the
On
In
Provis,
$1,244,274
the common
on
March
are:
Maintenance
the. proceeds, to prepay and.
redeem wn* Identical principal amount of-unsecured serial notes matur- ,
Irig on April 1 ,and: Oct. 1 in each of the years 1947 to 1951, inclusive,
Carpenter Steel Co.—Interim Dividend of 50 Cents—
per-share
755.322,,
.:
rV'"-v"
expenses*
Operating
issue- and - sell to
aggregate; principal
to
company
1
date, bear interest at
The
authorized, the.
27
banks
of
Oct.
interest
1635.
of record Dec. 6.
-
,74»714k..,
k 67.,427*
',"$330,77.7 '.J;, $289,721
111,820
111,820
operating revenues——
/'Purchased' rpowerV
$2,408,286
1,164,012
Balance
-V.
■
.
Period Ended Sept.30—•
$2,341,789
- 1,030,321
$189,637
2,180,147
65,608
<••
T Central Ohio Eight & Power
^
$1,311,468
$167,058
122,418
$7,660,562
2,168,318
'$629,186*
197,324
.,Cr65,975,
116,441
surtax)
—V. 162. p.. 1884.
-
.
Nov.
on
eertain
1,741,555.
and
;
SEC
amount
$4,149,841
1,761,060
;.
53,552
$7,102;525
9,622
.
238,38^.
$7,538,144
of
Net' income:
Pfd. dlv. requirements-a
Central Illinois Public Service Co.—Notes Authorized
i;
i. The
$320,499
Gross income
'.
Interest,
$330,617
;
$7,040,973
v
Total
Other..
1,683,211,
40,436
$619j564
;
J '• ' $574,369'
"• 193,126"
amortiz.
Inc.
Fed.
$1,526,690 ' $1,823,172
$1,995,220
.
Income' deductions
1,500,000
1,500,000-
125,000
'
-.1,675,005.
135,404.
'
income.'
Gross
.
Dividends
125,000
•
EL___*_:.r_-^v':r-\:
D;D. *&
;;
.
r
income
Accel,
7,765,719
7,059;163
713,175
660,106'
-
s
"
19,927
Deductions
.
.
Portland
oper
Non-oper.
V
$1,377,766 V$1,494,509
148,925
.Net
,
.
¥■
1945—12Mos.—1944
T_,_..r_
,
.,,121,384.
under
Rental
$2,054,509
560*000
480,000
'
V"Utility. operating-•ii\comb£-*.>iTi«2' *$1,925,280
Other income ( netLi.•., 69,940:
ana
1945—12Mos.—1944
$1,488,070. $15,823,577 $17,225,457
$1,351,341)
income)-
-
4,389,739
.340,639
.
.
1945—Month—1944.
thah-Fed.-
(other
Taxes
$7,384,886
4,955,151- ; 4,655,123
." 584,576
1,319,402
1
\ VRR- .lease
.
"
2388. 1
p.
Operating revenues :
Operating expenses:
;;
operating.income !
$2,405,280
reserve
,480,000
accrnals_____-_j
Utility
162,
Period End. Oct. 31-1-
Operating :tevenues''."—
Operating, revenue deductions_„„_^^Federal income '& excess prof, taxes
'•
products,—V.
Central Maine Power Co.-r-Earnings—.
...
-12 Months Ended
^
Denton
its
dairy
refused to alter the effective
Central Illinois. Electric & ? Gas- Co.^-Earnings-r- 1944 " "
1945
1943
Sept! 30—'
* ;• ;
,C.
$1,557,176 $18,534,988 $18,278,655
669,244", 7,483,132
- 7,197,903.
253,295
3,736.321
3,683,616
1,717,519
1,831,622
149,020
$l,55Q;638r
749,348
revenues v--
Federal taxes
•"Other- taxes"'
1
bonds,
bonds
series A
it also operates; Ice manufacturing plants in
Falls, Texas.
,v
total operating revenues-of $2,136,410 for the
ended June 30, 1945, $925,291 "or approximately
Co.,
-
Operating
Property
,J
supplemental
a
—'V. "162, "P."2142.
>«';?
•
16
dat^bf-the-plan,. Jen. 1, 1945,
but provided-that, the .Reconstruction
Fipajqce jCprp., as holder of a
large portion -of the: voting stock .of the ,!reprganize<l company,, "should;
designate one of the voting;,trustees under the fiveryear voting trusts
•
*
all
of
The ICC
•
1
'issued' Nov".
Interstate Commerce Commission
name
12. monthsperiod
43.3 % was
derived from the sale of electric energy; $36,570 or-approximately 1.7^,
was derived from the sale of water; $522,838 or approximately 24.5 /»•
was derived from the sale of ice or furnishing cold storage, facilities,
and $651,712 or approximately 30.5%' was derived from the sale of
report in connection "with the reorganization of the; road,, making
changes Jp the plan approved by it in July.
'
:
In* place of the two- sinking funds in the approved plan, one- for
series A • income. bonds- and the1 other .for .series, B bonds,
the Com¬
mission provided one sinking fund.
Tnis fund would be applied to. the
4
*
•
a partV.' 162, p, 2267.
Central of Georgia Ry;-^-Changes in Plan—*
The
.
$6,382,000
Claims Upheld in* Suit Over Duluth Bonds—
the -trade
.
1944
1945
■
,
Traffic ^earnings yyi
and operates an
Of
$6,151,000
'-$5,805,000
Traffic-earnings
ice cream and dairy business in Alexandria, x,a., under
of Blu-Ribon" Dairies and ice manufacturing. plants
in Alexandria and Bunkte, La* Through its subsidiary, Three Counties
Wichita
'
In addition the company, owns
furnishes - water! service' in; four -towns.
gram of which the foregoing proposals are
■
26,621,121
24,643,316
3,690,670
2,710,840
j. Net" earnings
$
$
■
that
approximately one-third .of the,board will be elected at each'
annual meeting.'
•'
" % ' '
An amended certificate of. incorporation was -adopted -and portions
of the- by-laws" were amended in line1 with- a general expansion - pro¬
.
27,630,612 236,680,308 237,952,981
23,939,942 212,036,992 211,331,860
23,470,604
expenses
divided into three classes and elected for terms of office arranged
were
—^
so
Period End.
■
2637
FINANCIAL CHHONICLE
the
Dec.- 20.Dee.
10,
on
Nov.
23' declared
common-stock,/par
A
a
dividend of 10 cents per share
.
,
r
$1„ payable/Jan. y2 ;to holders, of ^.record .similar distribution-was-made on; Dec. 9, 1944, and; on:
i943.—-V. 162,
p.
2142.
1 f. >
Operating
Operating
making
$25,935,
Central Vermont Public Service Corp.—Earnings—
Period End. Oct. 31—
revenues
$400,343
$410,838
Net
253,964
255,375
2,578,159
income
oper.
Gross
Deductions
debt
income
on
of
amortiz.
disc,
and
$1,187,624
22,590
:
—-
taxes
Accel,
At
25,178
234,571
244,920
46.200
163,600
291,900
The
the
on
Pfd.
)
stock
div.
$619,453
Dec.
18,928
130,919
x
which is
162,
$411,721
$488,534
$66,066.
$65,409
1945
October—
&ross from railwayfrom
Net
ization
Gross
*
1942
-
$727,713
206,598
200,384
38,687
109,008
,.113,178
The
6,878,932
7,371,420
7,685,321
920,198
34,456
1,586,645
2,047,403
1,948.236
1,168,171
1,162,431
income
652,190.
6,807,011
the
Dec.
21,
the
and
total
Sales
•
the
first
the
over
end
1944.
cents
share
per
payable Dec. 31 to holders of record
dividend of 15 cents per share on
October
of
this
10 months of
extra was paid.
the
exceeded
1944.
of
the
at
volume
end
of
October,
•>"'/'■ irV:r
'
■
,
•
••
:
the
'
Cummings,
designated
.
Chanin Building-
-Plai^ of Reorganization— Being Ne-
i
It
Negotiated
Nov.
29
that
reorganization is
committees representing
of
plan
a.
the attorneys and
second and third mortgages bondholders in the Chanin
organization.
This follows
virtual completion, of
the
among
being
Marks
of
Building
hearings
Illinois
re¬
on
liam
of
remaining
L.
Place,
New
5.
P.
'
members
Jones
York
of
the
Joshua
and
City,
is
committee
Morrison.
also
secretary
.
.
F.
.
20
of
Exchange
the
committee.—V.
;
162,
Gross
income
Operating
•'
Federal
inc.
profits
.
Other
Net
12,372,366
expenses
and
,
Net income
39,715
—
40,870
rights
Balance
to
per
surplus—BrlO, 173,559
share_
com.
2,314,823'
The
Nil
$0.31
.
$1.21
.
,
RR.
and
the
tRepresents
'
.
taxes
due
2142.
p.
credit
to
adjustment of Federal
adjustment
of
amortization
of
and
;,
'■
•
The
70
Central
Hanover
Broadway,
1946,
bids
fund
sufficient
and
to
Bank
York,
for
gold
loan
receive
sinking
101
New
exhaust
interest
to
N.
the
Trust
&
Y.,
sale
will
to
the
Jan.
of
due
of
sum
2,
until
it
certificates
Co.,
2
P.
first
Oct.
$29,350,
1946.—V.
sinking
.
.,
and
)
chase
Burlington
Bonds—Funds
&
to
Quincy
Be
Secured
The
111.,
company
will
the
until
sale
$120
to
11
it
of
$100
per
4%%
bonds,
plus
acceptance of
Gross
SrinH
exceed
Net
due
in
in
and
Feb.
1,
each
of
whole
in
or
first
1977,
to
case
and
part,
of
or
pursuant
hi
be
will
office
f
not
at
2
to
Wall
such
St.,
York,
of
company has
applied
to
be
of
*
from
of which
rpi
The
^o
of
fST
nnn non
and
d $30,000,000 of 3Va% collateral-trust
Company
sent
the
invitations
for
bids
to
proceeds
to
offered
i,
A
the
was
uPr0fe
bonds
to
g
from Morgan, Stanley
accepted.
the
On
this
basis
the
be aPProximately 3.12%.
public
at
&
Co
The'
4P,rfi°PSnff!?ancinfg„wi11 result interest interest
in a net
computed as follows: The
of
on
the
1947
bonds for 28% years at
3%% amounts
ftitjd on the $30,000,000 of collateral-trust bonds for 23%
per
annum,
to
amounts
proposed issue
is
the
amount
the
aggregate
less
$25,068,750,
than
the
thereof
total
is
a
total
amount
subdivided
of
of
in
the
1945
to'be
have
recommended
net
•
new
Dec.
.<
/
-
accumulated
accurately
board
has
reserves
Real
was
to
be
305.
five
'
time
the
'
estd, post-war refunds
profits tax), less reserves
Sept. 30, 1945
——
advs.
plant
19
recently
to
declared
is
stockholders
of
Dec.
record
4.
directors
the
for
•
of1
and
declared
stock,
4.
Including
already made
the
Payments
11
year
in
Nov.
total for
have
common
the
'
taxes
Fed.
cents
Loss
20
were
cents
T.
For
on
total of $1
Although
the
President,
war
ended
304,927
——
-
1,842,121
.
-
—"
,f
5,610,724
3,201,671
——
——-
plant
rehab,
re-establishment
.
112,351,542
649,982
2,174,361
62,362,673
86,743,775'
45,937,203
53,835,911
44,657,493
;
Custodianship
Contingencies
surplus
and gen. reconversion and
of automobile business—-
liability
40,000,000
2,027,865
3,333,203
——_ ——
$5)—
———
—-—---■
——
5,414,892
3,201,671-
41,000,000
2,449,152
3,333,203
v-——
Total
a
2,696,796
423,712,017 509,459,038
-
21,755,660
21,755,660
25,958,106
25,958,106
165,299,085 152,012,070
423,712,017 509,459,038
per
Reduces VT Creditas
follows:
each;
and
year of 95 cents per
Keller,
2,115,605
commitments-
on
Ear.ned
Feb,
Dec.
15,
12,
share.—V.
15 cents;
an
extra
May
12,
of 20
Aug.
cents;
a
162, p. 6,
in
in
a
letter
the
to
middle
the
of
the
third
ago
of
agents
states:
t_
quarter
of
this
arranged
corporation
Bank
stockholders
the country, with which this corporation two.
a VT credit of $250,000,000 have been advised that
reducing this credit to $100,000,000
The National
throughout
Banks
vears
the
Chrysler Corp.—Financial Statement—
K.
'
per
this makes
1
and taxes—
—
war materials-—-r
inc., less post-war credits, (est.)
operating
; General
payable Dec. 14 to holders of
regular quarterly payments of 20
issue,
801,000
48,430,625
„—-
payable and payrolls———
with subsidiaries——.:
Capital stock (par
Capital surplus
20
232,042
53,179,345
interest, insurance
Advances on contracts for
Accrued
:
of
4,057,182
207,441
801,000
rent, etc
$10,
four
this
dividend
453,189
172,683
LIABILITIES—
Accounts
'
1945.
1944
15,
the
on
extra
an
par
2,335,958
2,338,520
•
-
—
Accounts
months
were made on Feb.
27, May 25, Aug. 24 and Nov. 27, this
Total paid in 1944 was also $3 per share.—V. 161, p. 2656, "v •'?
on
2,308,451
subs-
Total
$1 per share, pay-;
Distributions of 50
of
77,454,871
2,335,958
—-
—
taxes,
insurance,
Prepaid
now
Dividend—
dividend
a
38,^34,612
and empl.
equipment (net)—
and
Goodwill
•
•
10
first
74,598,497
of Federal
of $190,722
and curr. accts.—officers
partially-owcnd domestic
in
Property,
certain of the re-;
transfer of $2,000,000
the
1944
Invest,
'
32,433,017
accts. (incl. at Dec.
misc.
and
invest,
Exp.
new;
142,004,924
on
vat
of /
abo^t 20% above the first 10 months of
/v./ ' j:
For
$1,419,641.
fees
reserves
It
earnings.
undivided profits.
and
and
costs
2,608,550
80,709,045
97,512
England)—pt cost
estate not used in operations——------
for
need
the
authorized
to
time
633,315
998,404
tax
and
each
each
the
to which
bonds
1
'44
8
$
at
„
annual >
•
and
more
the
receive
will
from
years
1944
p.
holder
each
war
the
estimated
directors
cents
refunded
S54
^
"
of $32,984,926
excess
held.
now
and
released
for
155,
share
rat
of
deposits
cost-plus-fixed-fee
supply and facilities contracts
----Invent., less res. of $8,003,681 at Sept. 30, 1945
Invest, in wholly-owned foreign subs, (Canada
31,
at
stockholders that
to
current
of
measure
is
share
each
out
from
record,Dec.
nf
at 3Va%
As
"^v;/.%v^:v-Sv
profits
Unbilled
capital stock be increased from 120,000
par
value reduced Irom $100 to $20 per
j'•
' 0:'.'
stockholders
by
of
income
The
" that'
resulting in
same
subsidiaries)
U. S. war savings
cash on deposit
Excess
K^ "•.;.?• ^
.
Chilton Co.—Extra Dividend of 20 Cents—
$42 208 144
years
SHEET
BALANCE
wholly-owned United States
bonds for sale to empl. and
for purchase thereof
refund bonds—
Accts. receiv., incl. billings for costs and fees
on
cost-plus-fixed-fee
contr., less reserves
of $96,155 at Sept. 30, 1945
Accts. receiv. from wholly-owned forgn. subs.—
the
on
taken despite the
Reed of Illinois.
39
reduction of
$39 493 non
cost-plus-fixed*
1945, and of $24,034,703 at Dec. 31,
161,705,122 126,727,390
1944, to be used exclus. on govt, contracts—
47,000,000
25,000,000
U. S. certificates of indebted, and Treas. notes
•
share
to
all
special
incl.
Reserves—
purchasers
outstanding issues bear to the total of such issues,
charges to the maturities of the outstanding bonds
interest
27,385,497
vote
to
entitled
creditors
was
Chile Copper Co.—To Pay $1
purchasers
H J\be added the gr°SS iinterest be receivedoffor the
indl^tlngM& premium to reduction
$12,462,802,
'.
should
47 082,542
proceeding with the Rock Island balloting andreturned ballots on the Chicago, Indi¬
plan preparatory to certifying the results.—
depression
to
1944.—V.
annual
$67,276 894
bonds
to
23
step
v:
created and
Net
and
and
average
100 56
*9 ™
$9,339,416,
series
27,050,097
tabulating
lieu
surplvs
able
h
is
in
Louisville
created
cents
which
Nov.
This
the
in
year.
Lm
14,502,590
11,965,613
$3.33
returns, allowances and
16,997,090
9,790,047
$3.91
Sept. 30, '45 Dec. 31,
ASSETS—
Cash,
mailed
approval
Upon
The
•
f
associates
less
11,400,000
and
CONSOLIDATED
v/i!
*
&
During
with
firms
29,350,000
billable costs and fees on
Depreciation
(Including
bonds, series
persons
18.334,452
9,790,047
;• ;.;$4.21
50,414,122
'-v:,:
shares
bmS? conl/st^;
bonds.
179
75 945,986
23,749,869
plan.
directors
possible
°f outstanding
56,020,989
Jan. 14, 1946, the
600,000 shares and the
were
lf^/ iefun?,ing mortgage 3%%
42.697,503
Congress by Representative
share.
thereof,
interest,
and
23,077,063
9,790,047
• $5.30
•
146,589,748
Chicago Title & Trust Co.—To Split Stock—
serves
l974
•
_
contracts.
Sundry
to
f" !*0V'}6 authorized the company to issue not exceeding
JPinJina?efundlnf? Mortgage 3%% bonds, series of 1985,
at
100.0399 and accrued
^
186 288,099
meeting
$65,000,000 Bond Issue Authorized—
Of
189,118,193
income
engaged
The
r
sSdI
.
34,050,000
provisions, incl.
r
9,000,000
9,000,000
1,000,000
.
'
193,995,291
162, p. 2514.
V
««
sold
1942
'
Commission
also
v.
k
to
tobe
be
A:;
v 7
Commission"
Commerce
•
,
materials and civilian products,
war
17,314,691
20,901,434-
26,565,360
_
amortization have been charged to
cost of sales
and expenses
in the amounts of $7,646,474 in 1945,
$6,585,875 in 1944, $6,993,033 in 1943 and $9,327,227 in 1942.
r
(2)
Operations of the corporation and subsidiaries for the nine
months ended Sept. 30,
1945, and for the year 1944, include trans¬
actions which are subject to the provisions of
the Renegotiation Act
providing for renegotiation and recapture by the U. S. Government
of any profits found to be excessive.
Profits on transactions subject
to
the
Act
appear
to be within the range of profits which wero
approved for the years 1942 and 1943.
2143.
were
to
anapolis
*
sale
162, p.
^'
»Of
-
•
29,525,000
NOTES—(1)
was
,■
DATE
:
'
380,737,791
• ■ t
share-——,.
adjustment
-
:
'
(est.)
profit
paid
per
' "
-
.>
and
inc.
Fed.
for
prof, taxes
fee
$20,056,676 $20,422,821 $21, 490,657 $18,594,984
1,840,431
6,133,612
9, 465,929
7,991,340
2,246,635
3,088,414
5, 409,515
4,224,980
railway
railway—..^.
oper.
ry.
The
is
such
S,J?„issue, afld sell, through competitve bidding, not to
wfml
principal amount of a new series of first and
will hP ,L^°/
ge .bonds' Proceeds of the sale of the new bonds
j
PPrchase not m°re than $50,000,000 of general mortArrpnfnnppnfland refundinS mortgage bonds, series' B. ' ,• > :.
nufSttwf* tenders- in whole or in part, and purchase of bonds
ftv f!!m
' are conditioned upon securing all necessary author¬
ial consummation of thefor the issuance and sale of said new bonds,
Commission
and
fh
:
was
and
certificates
1943
procedure.
made
during
:
scrip
TO
1944
«
651,343,106 423,955,072
.
30,235,977
Dividends
company
•
1945
^
423,622,115
334,565
332,957
/ ; 686,419
'v
rehab.
pit.
Net
^
resolution sub¬
The resolution
requests that pending the results of an
investigation in railroad
reorganization
plans the Interstate Commerce Commission
and the courts of jurisdiction be requested to postpone action
on reorganiza- V
tion plans now pending.
The Interstate Commerce Commission officiais, however, have made no plans for changes in ICC reorganization^
tenders,
must
Y,
deaigna<;ed by the company, the last day
later than Dec.
31; 1945.
the Interstate
from
mitted
makers thereof.
N.
'
,
y
,
reconv.
Earned
;
YEAR
1942
a,
;$'
797,384,882 675,054,972 575,094,582
exc.
'
reorganization
principal
Notices
rejection
acceptance
New
$100
r
Pa-;,
"V/-;
AND
'
1943
881,222,921 763,004,784
&
and reestab. of auto business
Prov.
South-!
OCTOBER
304,785
income
misc.
incl. costs
cost-plus-fixed-
for
gen.
re¬
&
bonds by. the Chicago, Terre Haute &
Ry. and Southern Indiana-Ry. also
railway
railway..
oper. income
Ballots
1945.
that
Belt
authorized.FOR
/
subsidiaries)
1944
880,918,136 762,318,365 651,008,540
interest
and
Prov.
Chicago Rock Island & Pacific RR.—Balloting on Plan
of
issuance
per
31,
"
and
30
SEPT.
ENDED
'
* '
"
INCOME STATEMENT
.'.Sept. 30,
refunding mortgage
$123
at
Dec,
in
St. Paul
between
certificates
,/
Exps. of admin,, engin.,
/ selling;. service, > adv.
Pur¬
Jackson
n
of
will
.
amount
B,
interest
lease
voting-trust
modified
V From Jan. 1—
Gross
...
West
of
from
ry.
2
6%
(CST),
general
tenders
547
Milwaukee,
modified
a
MONTHS
contracts
fee
■
'V
.
properties
of
the consideration of
wholly-owned United States
income
under
^of obligations and liabilities by the reorganized com-'
Bedford
and
Jan.
amount
Boulevard, Chicago,
Dee. ; 10, Y1945, receive tenders for
mortgage 4% bonds due March 1, 1958, at
M.
principal
company's
period
office,
ledall °u laier than Dec- 11- 1945- to the
bonds
Deliveries
the
A.
series
amount,
at
its
at
of
acquisition
the
Chicago,
Terre Haute & Southeastern Ry,- Authority
issue of securities, including scrip certificates,
issue
of
October—
Net
From
$50,000,000 of New Securities—
execution
from
to
y-,,.
approved
reorganized
EARNINGS
Net
1389.
RR.—Offers
for
Ry,,
:
—V.
Chicago,
•
the
the
issue
Net
to
not
15
the
NINE
of sales
Cost
consumma¬
Chicago,
trustee,
an
plan."
Nov.
by
/
CONSOLIDATED
:
Total
delay
to
well
1943
Interest &
"
25-year
to
the
on
and
approved
:
(EST),
1948
prices
at
162, p.
M.
mortgage
1,
threatened
may
cars
\
162,
.
fund
of
for
eastern
//V-
Chesebrough Building Co.—Tenders Sought—
v
stockholders
half those paid pre-war.
were
business will resume
that substantially raising the
alter the rate of buying by the
.
(Including
;V-
"Sales
Chicago.
Co.,
Corp. -did
Chrysler
overlooked
not be
.'
postpone
assumptions
:The
'
,v
profits
excess
RR.
\-
in
arising
question
general counsel
Whitlock,
A. N.
Pacific
■by voting trustees..
oper¬
$28,208,544.—V.
*
,v;'Vv.v;
■
.
income
for
pany
$3.05
to
&
'
'
-
-
solved.
rate of profit on the business done
rate.
Yearly dividends to the corpora¬
director
and
be
price
the
will
are
COMPARATIVE
:
: '
Milwaukee
ICC
cific
22,925,812
j
* Includes adjustment of unaccrued amortization chargeable
ating expenses of $38,815,706.
: v
Chicago;
Co.,
Paul
common
would
summation
418,970
8,871,454
Stoll
O.
of
the
granted
Earns,
J.
organization
23,344,782
407,539
of
Milwaukee, St.
he
28,062,542
Sinking fund and other
appropriations
Co.
a
pre-War
public.
.
:-: v
first
of
10,294,319
2,826,542
DrlO, 133,844
__
'35,607,152
3,578,469fCr8,062,874
1,051,643' -9,895,040
14,117,014
2,355,693
9,278,993
738,544
Z)r9,613,105
Ringley
is
machines
in
it should
price.s of
and
;
,
plan.
At that time, Judge Igoe announced
indefinitely further action on the plan until
the fate of Congressman Reed's resolution was known.
But on Nov. 26, Judge Igoe declared that although he had heard,
considerable opposition to closing
the Milwaukee' proceedings,
"even-^
froift members of Congress, I can see no good in delaying the con¬
183,638,580
11,864,310*159,281,778 113,176,941
tCr28,208,544
.
taxes
inc.
H.
that
"s i','y
{Jji
excess
taxes
railway
oper.
the
:
«•
170,154,680
18,922,902
*49,873,251
u—
*
1
J.
prices
involved
and
consuming
Co., Chicago; Elmer Rich, President of Simoniz'Co.,
A. Scandrett, President of the Milwaukee; J. Otto Stoll,
tion
1945—10 Mos.—1944
'
1
Fred
of
and
also
at
war
our
■
-
wage
records now nearly four years old.
In
wage-price basis upon, which the automobile
costs
Trust
Vice-President
the
half
is
operations
meeting of the new board of directors will be held in
Chicago Dec, 3, 1945.
"
•
.
Last week, the introduction of a
resolution in Congress by Rep.
Chauncey Reed (Rep., III.), calling for a Congressional investigation
of all railroad reorganizations pending in Federal courts to, safeguard
Chesapeake & Ohio Ry.—October Earnings—
1945—Month—1944
the
The
:
■■
Period End Oct. 31—
O'Brien,
the
reconversion
pre-war
the
Mr.
&
corporation-owned
"" " '/•
,,
with
than
Wages
"
Consumers
President
Corrigan,
of
Morrison
of
;. V;. ••
.
Thomas
are
Mr.
L.
Bank
facilities
production
our
18,090
stockholders during the war period
industry
Co.;
Co.,'Chicago;
of
being widely discussed, and the fiutomobile
the discussion.
This industry was completely
taken
out
of
its
peacetime
business
during the war.
It has no
historical background for resuming automobile production other than
/
Co., Chicago; Mr. Crowley, Chairman of
William J. Corbett, President of C. W.
Insurance
Electric
&
National
Chicago;
partner of.Shaskan & Co.. members of the New York Stock Exchange.
a
The
State
Gas
Shoe
V
resetting
example:
For
that
hope
our
less
tion
Cummings, Chairman of Continental
Co., Chicago;
William : J. Froelich,
Chicago attorney; John B.'. Gallagher, Chicago; James T. Gillick, VicePresident of the Milwaukee; Joshua Green, Seattle; A. B. Keller, VicePresident and Treasurer of International Harvester Co., Chicago; Wil-'
first,,
plans of reorganization before Benjamin J. Rabin, referee, v./-/.
v/jr'..\
The Chanin Building- first leasehold mortgage bondholders committee,
Representing the largest amount of first mortgage bonds, announced
Nov. 29 the election of Sidney A. Shaskan as Chairman, following therecent death of James A. Beha, its former chairman.
Mr. Shaskan is
Robert
All
Standard
reported
was
of
man
gotiated—
task.
business: dhrtng
following directors for the reorganized company:
•
••
Mr. Allen, Vice-President of Brink's Inc., Chicago; Mr. Barket, Chair¬
-
.
is
It
.
connection
the
'
trucks and other prod¬
use,
tear-up" and
forecast.
our
:
the
by
approxr
.
been
J.
the
At
to
put in place—in all, 20,320 machines that have to be moved from where
they were to some place else and tooled for peacetime production. ' In
addition', 6,693 Government-owned machines had to be moved out of the
way.
We arc experiencing excellent cooperation from the Govern¬
ment's representatives
in helping us to clear our plants of Govern¬
ment
property.
v.v— 'j
We anticipated that four months after Victory new passenger cars
would start coming off the
assembly line and that full production
could
be
reached
three months later.. The physical
and financial
aspects of reconversion are progressing better than originally con¬
templated and if other factors do not delay we shall be ahead of
institutional investors'
group; John D. Allen, designated by the mutual savings bank group;:
Elmer Rich, representing a joint. committee of institutional investors ,'
and mutual savings banks; Leo T. Crowley, representing the protective;:
committee
for the 50-year 5%
mortgage gold bonds and James M.>
Barker, designated by the National City Bank of New York as trustee :
under the debtor's adjustment mortgage.
•
'v '
^
Following the entry of these orders, the voting trustees held a meet¬
ing at which they elected Mr. Crowley Chairman and determined on
/
The company is faced with no major reconversion problems since its
civilian products were sold throughout the war years without appre¬
ciable change.—V. 161,' p. 2328.
- v. -V ' /"•
V'V:'
■
;
entering
had
Walter
'
;
are
amounted
machines
said that since "many; millions of
not being paid in full, I can see no
should be allowed to participate under
stock
$972,000,000,
orders
unfilled
formerly used on Government work have to be retooled- and put back
into
place;
1,256 new machines purchased from vendors and 974
purchased
from the
government have to be tooled and
the
Igoe
securities
common
approximately
to
these
making of automobiles,
into the
tremendous
a
orders, Judge Igoe approved five voting trustees *
designated by various groups as provided in the plan,
reorganization.
They are:
-Jl'. ' ■'■S '-i-':
V';^V;
of
a gain
business
Unfinished
.
senior
amounted
quarter
civilian
physical
The
*
in the. re¬
of equity
loss
third
back
for
ucts
,
the reorganized
in
property
beginning
the
getting
two
1,
stockholders'
common
Judge
of
materials
war
Advances on war contracts amounted to $62,were
$38,734,612 and net current assets were
,/
\;
of the third quarter of this year unfilled orders
imately $6,000,000, the reduction being principally due to cancellations
after
V-J Day.
Since that day our energies have been devoted to
mortgages
new
circumstances."
In
who
totaled $6,190,004,
year
corresponding period
the
on
why the
reason
these
quarterly
60 cents in 1944 when no
for the
10.4%'
at
15
of
payable Dec. 15 to holders of record Dec. 1.
This
dividends for the current year -to 75 cents, per share,
compared with
of
usual
the
dividend
extra
an
$5,
par
issue,
same
brings
declared
stock,
common
for
;
Dec,
m.,
a,
company,
of
dollors
■
The directors have
execute
Commenting
Chamberlin Co. of America—Extra Div.—Sales Rise—
v
12:01
to
the
At
year
at
debtor's
the
vested
of
as
time
that
2142.
162, p.
Igoe
Wisconsin;
of
order
L.
Inventories
■
1945, and authorized the debtor
and other agreements, to issue
new
securities and to exchange the new securities' for the bonds of
the debtor.
It also provides for the execution of a new Terre Haute
division lease to be effective J?in. 1.
at
railway——
State
second
company
—
•
of
Secretary
Michael
$47,000,000.
$207,206,611',
end
;>;<•
The
' /•;:
- >. \c
30, 1945, cash, including special deposit accounts of $32,connection with contracts for war materials totaled $161,U. S. certificates of indebtedness and Treasury notes aggre¬
362,673.
Approved by Court—Title to Property to
New Company Dec. 1—
' '
' '
Judge
organized
on
calendar
the
in
paid
was
as
Chicago on Nov. 26 entered
orders consummating the reorganization of the company.
1V The first order approved charter amendments to be filed with
,
$820,931
133,126
'.?••/ *42,968
income
Deficit.—V.
1943
$728,276
from railway
from
Net
r
1944
■
51,885
From Jan. 1—
Net ry.' oper,
'amount
same
1885.
p.
Plan
Federal
$635,367
railway
oper.
ry.
total
a
gated
Be Transferred to
'
4
the
makes
$880,918,136.
totaled
in
705,122.
cents
15
both
$5,
Chicago Milwaukee St. Paul & Pacific RR.—Reorgan¬
Central Vermont Ry.—Earnings-
Net
This
of
dividend
extra
an
dividend of 15 cents per share
payable Dec. 22 to holders of
of 75 cents per share so far this
quarterly
par
ninev^QjuWis of 1945
Sept.
984,926
189,280
1S8A.
p.
usual
stock,
1.
1944.—V.
$601,001
13,092
——
162.
$84,994
require.-'
Balance
—V.
$78,501
income —
the
declared
16
Nov.
on
and
common
record
170,000
5,000
exp.__
directors
per-share
of
first
and
taxes
share..
per1
Chicago Mail Order Co.—15-Cent Dividend—
year,
Net
,
after
the corporation and its wholly-owned U. S. subsidiaries,,
reserves,
amounted to 2.62equivalent to $5.30
of
profit
net
the
for
Sales
York Stock Exchange has authorized the listing of $65,first and refunding mortgage 3Va % bonds, series of . 1985, due
1985.—V. 162, p. 2268.
New
1,
Aug.
$1,137,821
$156,372
$144,091
year
and substantially all of our war work was cancelled almost
immediately, the corporation's' war production
was
greater in the
first nine months of thi^vvear thin it was in the like period of 1944.
6,954
Dr618
909
38,000
income--—
$3,*
Listing of First and Refunding Mortgage 3J/8% Bonds
The
$1,188,242v $1,130,867
$155,463
$146,379
Dr2,288
amounting to
Expenses
$12,488,737.
of
would reduce this figure to $9,339,416,-
149,321
$3,601,850
2,470,983
$3,766,401
expenses
Non-oper. income (net)-
total
a
Monday, December 3, 1945
1945—12 Mos —1944
1945—Month—1944
000,000
Fed.
*■
THE COMMERCIAL & FINANCIAL CHRONICLE
2638
.
» r
Detroit
for
lafLre
107
ir.
fa
and
banks
ta
the Central Hanover
Bank & Trust Co. acted as
one of the largest
participating in the credit,
nqrmrnat.1
n&
hanks
notifvins
them
of
the
ieduc-
'
Volume
chase from Columbus all its assets subject to its liabilities for 38,044.25
the finance committee of Chrysler
,tion, B. E. Hutchinson, Chairman of
;Corp., said in part:
•
V\
Stock—
CineHinati Gas & Electric Co.—Calls Pfd.
<
the
of
All
?.
,
October--
Net
from
*-'•' Y-"-
•'October—
Gross
Net
'
;
railway
from
from
1945
I
From Jan.
1— •
rv.
railway—.
il
oper; income™.
i62,
V.
24,646,772
10,874,587
.3,854,861
The
5,173,285
;.
The
follows•
Ortj
were
owned
for
Wall
Tower,
Inc.,
".f
purchase price of the proposed acquisition to be credited on indebtedness of said subsidiary companies owing to Cities Service Co. ' Citi,es
'
in consideration for the purchase of $7,789,372 principal
5%
debentures from Cities Service Oil Co. (Pa.), will
"deliver for cancellation and retirement the 6% notes of Cities Service
Service
Co.,
amount
.
of
Oil
Co.
its
due Aug.
(Pa.)
in the principal amount of $5,911,625
1947,
20,
.
and endorse
the payment of $1,877,747 on other notes of Cities
Service Oil Co. (Pa.) held by Cities Service Co. and, in consideration
of the purchase of $700,000 principal amount-of its .5%
debentures
■-M from Sixty Wall Tower, Inc., Cities Service Co. will deliver fpr can¬
cellation and retirement the 6%
demand income note of Sixty Wall
c
V-:
*
.
-
v:
-
■>'•{>•'■
■-*.
The
5%
outstanding
cents
share
a
>. of record
the
-In
v '
of
case
'•'*•
"
v'
;
■
'
' "
1636.
shares
Common
■
Earnings per
—V.
197,623,000
7.2
last.
193,281,000
6.4
Southern
&
of
26,590,821
10.22%.—V.
or
162,
p.
2515.
1945—3 Mos.—1944
revenues™
and
Dec.
7
stV. Soper.
exps.
1,135,226
and
;V- >•.«.;'
v;. j
paid
on
Sept,
stock,
old
each
1945,
June,
In
into one-fifth
reclassified
was
common
.
'
'"
"
'
•
' .
the 4(4%
income
Divs.
made
was
The
Guaranty Trust Co.
$10,634,100
for
i; :;; —V.
162,
value
par
2268.
p.
of New York has been appointed registrar
5% cumulative convertible preferred stock,
,
;
$5,077,238
4,402,424
<
$263,252
.
;'-;y
157,929
$1,686,601
railway--—L
Net" from
income—
234,985
300,745
<•
;
•
481,197
561,138
a
Hi
Gross
Net
from
from
211,802
301,498
v
■-V
•
i
.458,202
•
.
'r:
.
1945
Federal
443,062
$3,325,731
455,978
121,566
108,774
taxes on
income
on
ry.
p.
13,925,435
11,554,995
8,529,794
4,144,047
4,911,171
4,425,844
2,932,323
2,045,763
railway
oper.
162,'
—V.
13,079,441
2,409,145
2,665,572
2,070,700
1
income
2143.
Other
Net
ry.
railway—_™
from
Net
.;
1
':k
1943
$148,594
$152,249
63,189
36,471
income™
16,549
oper.
59,812
3,322
22,435
.'
63,684
j Gross from
Net
Net
ry.
'
1,412,530
..
1,470,550
r
1,514,207
499,046
556,905
660,570
stockholders
corporation
proposal
with
296,922
218,595
232,590
provide
•would, receive
'*
.>
preference
one
share
314%
outstanding.
share
.
of
common,
dividend,
,
tionately
An
t
23
approved
in exchange 1% .shares
Each
Stokeley
share
prior
of
a
proposal
to
The
of Stokeley
Columbus
preference
stock
5%
this
and
three-tenths
of
a
share
of
common
plan
provided
that
if
the
merger
is
receive
three-tenths of a
would
be
propor-
not
consummated
by May 31, 1946, then Stokely,, at the request of Columbus, will pur-
p.
113,100
.7,977
$914,128
54,000
and
-
due
share
<
1,
2268.:,
at
pay
$102.50
1965,
which
:
were
issued
and
'
designated
all of the outstanding $4.75 cumulative pre¬
per
share plus accrued dividends.—V. 162,
New York, N. Y., has been
>"v.V
...V..;..
Inc.—Output—
output of electricity
(electricity generated and purchased)
for the week ending Nov. 25,
1945, amounting to 173,800,000 kwh„* compared with 175,600,000 kwh.
for the corresponding week of 1944, a decrease of 1.0%.
Local dis¬
tribution of electricity amounted to
173,200,000 wkh., compared with
170,400,000 kwh. for the corresponding week of last year, an increase
The company
of
1.6%.
on Nov.,
,
1944
565,109
263,437
263,437
$1.14
$1.61
—™;
special charges.
orders
on
1945,
30,
Sept.
Central Petroleum Corp.—25-Cent
8.
declared
dividend
a
cents
25
of
A
1943,
10,
>—
—
,
—
general expenses..
and
administrative
experimental,
of
of
etc.,
1
'
-
Amortization
1944
$52,206,001 $47,434,83a
37,321,990
41,780,292
4,793,083
5,303,070
sales—^
Selling,
Companies)
1945
Ended Sept. 3C—
sales
of
2541.
dividend of 10 cents was paid.—V. 160, p.
a
(Including Wholly-Owned Domestic Subsidiary
9 Months
Cost
share oa
per
$5,
par
Cork & Seal Co., Inc.—Earnings—
Crown
Net
Dividend—•
payable Dec. 20, 1945, to holders of record
similar distribution was made on Dec. 21, last year, while
stock,
expenses-
'L-t
45,061
'•
26,300
24,665
$5,096,340
patents—
235,785
purch.,
on
reed.
int.
& oth. inc.
28 announced that System
Interest
on
Profit
Federal
385,875
—
debenture
of
payable,
notes
on
""Special charges
etc—
on
7,382
8,513
29,064
10,319
$4,399,844
$4,562,470
2,093,392
2,642,049
—
-
.
income..—
income————————
447,708
•-—w-
Appropriated as
net
of
expenses
taxes
Federal
before
taxes
Balance
524,043
(net)
debentures
Amortization
Interest
sales—
on
on
$5,491,220
519,928
-r—-*
$5,250,034
241,189
375,907
Balance
,
has authorized the listing of $4,000,000
Oct.
—;;
and
taxes
'
•
440,777
$5,332,124
surplus
»/•.
.
agent to
stock
made in
were
$878,306
54,000
Cigar Corp.—Listing of Debentures—
debentures,
per
$932,306
$860,128
•
Consolidated Edison Co. of New York,
would
increased.
alternate
ferred
cumulative prior
common
.
Manufacturers Trust Co.,
redemption
merge
Stokely common stock.
In the event that the outstanding
stock of Stokely shall be increased by stock splitting or stock
the
;
Redemption Agent for Preferred Stock—
>
Stokely-Van Camp, Inc. • The terms of the merger
that each share of Columbus 5% preferred* stock
stock.
of
Nov.
on
V
The New York Stock Exchange
20-year
.
Columbus Foods Corp.—Merger Approved—
The
•
divs.
common
669..
cents
40
$20,450,000 $24,415,000
.
shares™—————
common
all
Discounts
,
>
p.
Consolidated
"193,660
income-!^
oper.
162, p. 2143..
;
497,695
81,288
22,886
408,953
railway--
from
—V.
1,273,404
railway---^
162,
cents each
30
——
per
Discts.
for
Balance
V—V.
1—:.
From Jan.
$1,632,367-
1942
$152,736
;
v":
114,695
8,431*
.
declared—__—'—i-—~
dividends
Preferred
;
$122,706
railway—
income--—____—_—
dividends™-^-
before
of
-1
Amortization
Colorado & Wyoming Ry.- -EarningsV 1944
1945
October—
from
against
charges
Balance
Gros
and prem.
discount, exps:
debt
of
dividend
a
$5, payable Dec. 26 to holders of
paid in each of the three preceding
'-'.'--.'.'.r''; -> 1945
End. Sept. 30—
Dec.
on
418,000
373,084
$1,605,895
486,900
(net)," •
81,739
capital
Other, interest
y-',; '
v.;
of
Amort,
' .
no-par
to
declared
par
were
payments
Four quarterly
p. 2515.
common
Dec.
307,860
—
chargesfunded debt—i——
on
on
.
(Del.)—40-Cent Dividend—
16
stock,
directors' have
The
.
Interest
prior
profit
280,917
330,537
income—
347,083
before
the
dated
amounts
sales
the
109,040
121,492
taxes
" "
holders of
162,
Crown
1944
$3,270,654
—
"282,591
Federal
1944.
amounted to $12,735,000.
Unfilled
orders
June
30,
1945,
were
approximately $26,135,000.
Orders booked during third quarter were $5,100,000; shipments during
the
quarter
were
$6,400,000;
cancellations of war contracts were
$12,100,000, leaving unfilled orders on Sept. 30, $12,735,000.
.> New orders continue at high levels and the outlook for 1946 appears
bright, states B. B. Williams, Chairman.—V. 162, p. 2263.
.
•
'yr y
'
448,279
;
v.
than
'
March 30,
March 10,
on
each
cents
15
against
as
22,
that
and
Nov.
on
Like
3.
Unfilled
/-:,;:-Xx-kr-i.'. ;
power
.other
cents per sharo
to holders of
Earnings—
expenses
Taxes,
last,
Dec.
capital
the
■"After
»
-iv:
earnings—
gross
issued
directors
9 Mos.
Net
366,561
'
*<«,..
Operating
28,
announced
also
on
*Net
9 Mos. Ended Sept. 30—
Total
20
Cooper-Bessemer Corp.—Earnings—
~
$560,280
$620,939
91,640 :
Connecticut River Power Co.
Balance
railway
cents;
20
20-Cent Dividend—
dividend of
a
par
and
22
stock,
Number of
162, p. 2013.
declared
16
Nov.-
stock,
Sept.
Sept.
quarters.
last, ja special distribution of 65 cents was made, and
dividehd of 60 cents, making a total for 1945 of $1.25.
15,
15
May
—V.
$1,076,426
310,052
:
13,
"
73,492"
$263,225
114,550
.
Oct.
On
on
From Jan. 1—
;f Net
■:1
oper.
and
was
■
Net ry.
:
March
.
made:
were
10 cents each.—V. 162, p. 2515.
$861,778
1949
$1,304,685
sharo
10 cents per
$1, payable Jan. 4, 1946
1945.Similar distributions were made
7,
record Dec.
188,836
$832,742
Maintenance1943
1944
1945
$1,321,761
:
461,377
railway—_
from
Gross
$672,942
$674,813
73,464
stock—
Dec. -12.
~
.
-
of
«•
Continental Oil Co,
,
fl The directors have declared a dividend of 25 cents per share on the
common
stock, no par -value, payable Jan! 2 to holders of record
Colorado & Southern Ry.—EarningsOctober—
v
r
$4,652,200
3,979,257
-
$336,717
49;578,
Purchased
,
Approve Mer*
•
the old
valuft
Oct. 25, 1935, will be re¬
quired to exchange their certificates, share for share, for the present
$1 par value before receiving this dividend.—V. 162, p. 1886.,
It
share
$304,450
capital
on
v
-
30,
Earned
Appointed—'
Colorado Fuel & Iron Corp.—Registrar
v.
25
Conde Nast Publications, Inc.—25-Cent Diivdend—
also declared, payable Dec. -12
of record Nov. 30.
An initial distribution of like amount
on this
issue on Sept. 12, 1945.—V. 162, p. 1389. <
holders
Dec.
June
—V. 162, p. 669.
cumulative preferred stock, par $50, was
to
dividend
a
payments
11 and Dec. 18,
on
common
record
/
$354,029
,
deductions
*•:: Net
share of no par value
share of 4(4% preferred
regular quarterly dividend of 53V8 cents per share on
The
Total
Dividend—
and four shares of $5 par value common stock.
The
stock received 50 cents per share on March 9 and June 1,
(-
2269.
p.
$5, payable Dec. 18 to holders of record
paid on March 13r June 12 and Sept.
J
12, Sept.
directors
the
June
>
33,024
Bah avail.ior int., .etc..
$50,
par
,,,'1945.
last.
7,
stock
common
was
Continental Motors Corp.—To Pay
The
on
i:.
1
$321,004
.
income__-
Miscellaneous
dividend of 30 cents per share
declared.a
declared
27
par
following
the
1944,
The
holders
to
v
1945—12 Mos.—1944
'
$1,393,186
1,129,933
$1,456,231
taxes--"->
after-' taxes
Net
>
shares of outstanding common stock, par $5, payable
of record Nov. 30.
This compares with 20 cents
400,000
the
on
.
20
Nov.
stock,
amount,
like
A
,-
In
Corp.—Weekly Output—
'
directors on
capital
7.
1944.—V.
Coleman Co., Inc.—30-Cent Common
The
the
and June
weekly
oper.
>
•
on'Nov.
directors
The
on'
'
-v-v*,.
exps.
(
^
& Steel Co. below.—V. 162,
Pittsburgh Coal Co. below.—V. 162, p. 2144.
See
180,917,000
Total
$4.83
'
Corp.—Acquisition—
Continental-Diamond Fibre Co.—10-Cent Div.—
Community Public Service Co.—Earnings-
:
177,830
vi! $4.84
,162, p. 2268.
„
re¬
ger—
-
% Decrease
4.8
to
authorized 40,000 shares of $2.75 pre¬
value, and 500,000 shares of $1 par valuo
par
Consolidation Coal Co., Inc.—Directors
■
Capital—
proposal
a
162, p. 2269.
See Western Pipe
kilowatt houy output of electric energy of subsidiaries
corporation adjusted to show general business conditions of terri¬
-
176,705
—_
approving
on
^
common
$993,450:
$987,562
'
175,979
share—$4.84
common
•
stock.—V.
Consolidated Steel
,
183,413,000
;
-2515.-;■*
without
stock,
common
10
p.
3
the
of
price provided for.
corporation will have
Dec.
3_i.———
Dec.
vote
capitalization
The
ferred
4.6
Period End. Sept. 30—
<■
tion
1944
162,
will
corporation from 552,200 shares to
540,000 shares, to give effect to the reacquirement of all of the 12,200
shares, of 8%
preferred stock of $100 par value each. .
All said shares of 8%
preferred stock have been reacquired by ths
corporation either by purchase or by redemption thereof in exchang®
for shares of $2.75 cumulative preferred stock without par value, or
they have been called for redemption and payment of the redemp¬
the
196,638,000
':
and efficient electric
stockholders
The
duce
past four weeks
of the
$65,000,000, making it one of the world's
generating stations.—V. .162, p, 2515.
approximately
Consolidated Retail Stores, Inc.—Reduces
U
190,696,000
decrease
1943
;
$983,425
outstanding
are
cost
most modern
the Commonwealth Edison group of companies,
utilities, for the week ended Nov. 24
the corresponding
period last year.
Total
1944
1945
and -Federal *
ftet income after exps."
W'V income taxes, etc
.
""
Quarter Ended Sept. 30—
•
have
tory served for the week ended Nov. 22, 1945 amounted to 233,527,915
as
compared with 260,118,736 for the corresponding week in 1944, a
Coca-Cola International Corp.—Earnings—
"Y
*
until
however,
Commonwealth
)
'
.
sales to other electric
4.8%- decrease from
a
The
Y • Y'';-'' A---v;''''.:-i;r-YYYY
\;
satisfied,
President,
Tapscott,
H.
t
*
redemption price of $26.50 a
on surrender of certificates.-r-y. 162, p.
-
1945
Nov.
of 31 (4
stock, payable Dec.
:'
7,
Acquires
181,595,000
187,668,000
—v.
15 to holders
I ,
shares, the shareholders will receive, the
share plus accrued dividend of 31 V* cents
'
redeemed
.. .
—
17_l™.:___l™w__^
Nov.
of
first preferred
the
on
Nov. 26.
ex~
Vv.' M'
.-
Md.
Firfn—
Week Ended—
Nov.
5% Stock—
the usual quarterly dividend
declared
directors have
The
s
under-the
shares
-'...C-'
Baltimore,
Co.,
Nov.*
-
.
old
-.-,:.v
the kilowatt-hour output totals
percentage comparisons with last year:
and
half of its
15,; stockOne-half of each holding of more than one
^ holders are being advised.
> Chare will be redeemed.
:
be
Following
is calling for redemption approximately
first preferred stock (par $25) on Dec.
company
Credit
Electricity output of
vV
•
•i:-..,.: };
of, according to Mr. Duncan.
policies and managerhent of
showed
•
Coast Counties Gas & Electric Co.—Calls
deposited their
p, 2143.
>.
i-
Duncan,
excluding
value, both payable Dec, 14 to holders of record
amounts were paid in each of three preceding quarters
2143.
vYY''
p.
3,...-
company •"
•
'V>v
Pierce, Fen-
Commonwealth Edison Co.—Weekly Output—
Dec. 7.
Like
of this
year, and in each quarter during 1944.
On Dec. 19, last, the coinpany also made a year-end distribution of 50 cents per share, which
brought total dividends paid in 1944 to $2.50 per share.—V.' 162,
;
given the
domestic requirements are taken
"
the Miller company will remain
unchanged and continue under the direction of W. G. Montgomery,
President, and Gordon Montgomery, Executive Vice-President.
.
?
Mr. Duncan also stated that, through this acquisition, Commercial
Credit Co. would further diversify its activities without substantially
increasing is present total invested capital in all of its manufacturing
subsidiaries beyond $10,000,000 to $12,000,000.—-V. 162, p. 2389.
iv
par
no
outstanding, were
were
.Chairman >of the board, on-Nov. 19 announced that
has acquired in excess of 94%
of the .outstanding,
capital stock-of~ Miller Printing Machinery Co., -Pittsburgh, Pa., one
of the country's leading manufacturers of printing machinery.
' -:
No printing presses having been manufactured for more than fouryears, due to the Miller company having been engaged exclusively in
the production of. war materials, a very large demand for the com-.pany's products has been built up with both old and new customers,
y It is contemplated that manufacturing facilities will be enlarged
to
meet .this accumulated demand as far as possible.
The Miller
company
recently expanded its activities into the rotogravure press
field by acquiring the Rotogravure Co. of Massachusetts.
:■■■;
There is also a large export demand for the Miller products; which
Climax Molybdenum Co.—Extra
stock,
133,745
See (also V. 162,
plan;
E.
A.
this
Dividend of 20 Cents
" The directors on Nov. 26 declared an extra dividend' of 20 cents
and the usual quarterly dividend of 30 cents per share on the common
,
which
shareholders-who
to
,
Commercial
'
■
and
The
in
Inc.,
J
care
the principal amount of $435,000 and endorse the
payment of $$265,000 on other notes of Sixty Wall Tower, Inc., held •
by Cities Service Co.- Adjustments are to be made for interest accrued
to the date of closing on the debentures to be acquired and on the
notes
to
be
surrendered
in payment
of said debentures.—V. • 162,
i Tower,
103,841 shares of its first pre¬
preferred shares have been de-,
announced that
series B'6 (/a %
has
Beane, Dealer-Manager^ and other selected dealers. Certificates
the-new-4(4%- series will be forwarded within
the
next
few
<
cannot
.
V
;
.a
-'.'v '•
• -
Southern
share's,: of
.
•.
which'$7,789,372
to purchase the
$8,489,372 principal
held by its subsidiary companies, the
of
;
Control' of Printing Press
$143,977,700 5%
both non-utility subsidiaries of Cities Service.
Service Co.
proposes
its 5%
debentures
Cities
amount
V. ' £
•
&
shares
old
weeks
-b
(Pa.)and $700,000 by Sixty-■"
by Cities Service Oil Co.
:
.s
.
..
1,182,438
233,576
92,012
her &
7 .r- ;
•'
'
Company," as at Sept. 30, 1945, had outstanding
debentures due at various maturities 1950 to, 1969, of
(. t
—
.
.
48,466
Deposits for exchange were solicited by Merrill Lynch,
;
declaration summarized as;
has iUed With the SEC ft
company
•
.
shares, on a share for share basis,
shards, of the -new 4(4%
series.
The exchange, period expiredat 3 p. m.
(E. S. T.), Nov. 14, 1945.
-vv; ••
l--"'-.,i.The unexchanged old shares will, be redeemed at $110 per share
and accrued dividends out of treasury funds of the .company.,
.
' +
Change
-
48,569
.
137,766
opportunity -to ^exchanga-such
>>>'■ There have been called for redemption on Feb. 1, next, $39,000 of
first mortgage 3%%
bonds, series E, due 1969, at 111 and interest,
and $30,000
of first mortgage 2%%;! bonds, series G, due 1974, at
.'102
and interest.. Payment
will be made at the office of J. P.
tr
Morgan & Co.; ^Incorporated, sinking fund trustee, 23 Wall St., New
York, N. Y.—V. 161, p. 2440/;
.
'
*
'
H
^
"
•
•
for
.
'
1,174,821
posited under its exchange plan for new cumulative preferred shares,
4(4 %
series;* $100 par Value, under date -of Oct.* "24, 1945. - Holders'
6f'the
>'4:: r
Cincinnati Union Terminal Cov^Partial Redemption-r--
| r Cities Service Co.—To Adjust Indebtedness— v,;: V ;.
23,092
1,375,605
258,259
100,159
f
company
ferred. 6 %
2143.
p.
1942
$181,149
73,703
32,585
Ohio Electric Co. — Unex¬
changed Old Preferred Shares Called, for Redemption—-
346,054
'14,347,949
162, p. 2H3'.
]'•
,
from
Net
30,302,166
28,734,223-32,043,637
~9,745,455
12,798,766
3,603,779
4,135,725
-
income.^;.
oper.
1943
19,173
1,396,626
201,600 1
announced on Nov. 27, following ft
that the expenditure of $22,500,000
had been authorized to continue the modernization of the Waterside
electric generating station on the East River at 38th to 40th Streets,,(
New York, N. Y., which was begun in 1935.
X. This authorization is an important feature of a post-war expansion
program laid out by this company, calling for expenditures of approxi¬
mately $120,000,000 in the next five years.
The expansion program
will add about 350,000 Kilowatts to Edison System generating capacity,
increasing it over all about 15%, will enlarge gas and steam produc<»
tion facilities and will reinforce and extend distribution systems for
electric, gas and steam services, particularly electric lines in districts
of
anticipated rapid growth, such as midtown Manhattan, Queens
and Westchester County,
N. Y.
Expansion and replacement of the
distribution systems for the three services will require the expenditures
of about $80,000,000 over the five-year period.
Of this sum, approxi¬
mately $65,000,000 will be spent for improvements in electric lines.
;• The
$22,500,000 expenditure authorized on Nov. 27 for the Water¬
side station covers the purchase of a 50,000 kilowatt topping turbinegenerator and two
60,000 kilowatt . low-pressure turbine-generatorsi
i.
In order to make space for these new units, installation of which
will require approximately three yeas, old and less efficient equipment
will be taken out of. the station-wthree turbines of 20,000 kilowatt
capacity each and 35 small boilers, each capable.of producing 30,000
pounds of steam an hour, With these units removed, the net increase
in
the
generating-capacity at Waterside because of the new units
will be 110,000 kilowatts,, or 25% oi present capacity.
Other improve¬
ments at the Waterside station approved Npv. 27, are the erection
of
new
electrical
galleries and the installation of four niajor bus
sections to
take care of expected growth in the electric load in ths
Times Square and midtown sections.
Also the authorization include^
the construction of two new 30,000 kilowatt tie feeder lines between
the Waterside plant and the Hell Gate electric generating station in
the Bronx and the rearrangement of existing feeder lines to providft
two direct ties between the Waterside plant and the Hudson Avenue
generating station in Brooklyn. These projects are designed to increase
reliability of service and economy of electric operations.
The System's long-distance program contemplates the installation of.
a
sixth
topping turbine-generator- at Waterside, probably by
1950.'
The
entire
modernization
of
the
station
thus
completed will
then
Ralph
meeting of the Board of Trustees,
2633.
•:
railway......
Columbus
:
1,259,426
;
Gross from railway——
Net
$2,680,073
■*-' 23,793
'
Station—
To Continue Modernization of Waterside
Stokely
$129,802
14,884
43,882
railway..^
:
$3,124,410
1,427,779
539,307
411,808
237,699
ry.
—v.
1942 '
1943
,
$3,293,775
.
723,856 J. 1,259,846
>Net ry. -oper. -inoome
,
1944
v
$2,421,665
_
railway--'-!
from
Net
Earns.—
Cincinnati New Orleans & Texas Pacific Ry.
of
•
p.
: •
■
$159,151
70,230
•
.
income..^
cper.
ry,
Gross
Net
•
159,
:1944
■
„
S $194,237
railway.™,.
From Jan. l—r'.:-
'
below.-r^-V.
Inc.,
V .: V1945
>.
railway.™
from
from
Net
called for redemption on Jan. 1, 1946, at $107.50
per share and dividends'.
Payriiehfwil.l be made at The First.'National
.'Bank
of
Cincinnati,
Fourth andvWalnut,' Sts,, Cincinnati,,- Ohio.
—-V. 162, p. 2268.;;, ;
-:V:>
'■> "7> •' >■''>'>/
seriesrA, have, been
•
Columbus & Greenville Ry.—Earnings—
Gross
stock,
preferred
5%
cumulative
of
shares
outstanding
•
shares
7,228.5
cash.
apd $50,000 in
Stokely-Van Camp,
also
See
*
stock,
preference
prior
stock
common
outside chance that we might have use for some
part of the remaining $100,000,000 balance, but we are hopeful that
«e can shortly dispense with that."—V. 162, p. 1885. ,
1
Stokely
of
shares
.
"There remains an
,'•)
*
2639
CHRONICLE
THE COMMERCIAL & FINANCIAL
Number 4443
162;
200,000
for contingencies-
reserve
income—
—..
—
——
$1,858,744
Preferred
Common
■"Of
alent
dividends
dividends
those
to
common
per
the
portions
resulting
NOTE—The
Sept. 30,
share,
;
——
r
—
—
—
,
—
1,334,262
1,313,595
Depreciation included above (sse note)—.
;
No. of shares common stock outstanding—_
Earnings
$1,720,421
603,895
'
•
$2.45
379,850
388,216
of refinancing expenses, etc., which are
reduction of Federal excess profits tax.
provision for Federal taxes for
1945 is less by $447,708 than
517,625
$2.59
379,703
388,210
equiv¬
the nine months ended
it would otherwise be, due to
the
deduction
for
.
expenses- which
been
tax
have
included.,in
30, 1945, as special. charges, • those portions
which
are
equivalent to the reduction
therefrom—V. 162, p. 18816.
•■//
"railway
the
the
of the refinancing
in taxes resulting
" i
$1,333,288,
had
the
The
$17.37
ef
less
record
Cuban
at
Interest
?
the
is
payable
New York.—rV;
Cuba
.
of
close
to
$1.01
of
tax
business
Nov.
on
bonds
the
on
162, p. 2389.' ;//
withheld
be
20,
V /
National
of
In
the
with
Procedure
the
and
Deposit,
participation certificates,
of
provision
transitory
a
for
payments-will
of
;
(
-Net
70
,
-
Interest
is
payable
the
on
New- York.—v. 162, p.
Nov.
on
at
bonds
:
.
office
at
of
2390.//).-X,)/Y' ■: // ■: ■
J.. W.
Christian,
'' 7;... Y
D.'Kl Sanders and Hugo Wesin have
Vice-Presidents, and
Christian
Mr.
,
route
car
pork
directors.
has
been
/
division. since
division;
and
division-with
Sept.,
headquarters
Omaha.—V.
162,
the
third
The
•
ICC
/
bonds;
York
additional
Issuance
shares
in
Exchange has
5,
1945,
with
the
$5)
record
of
respect to each
transferred
the
of
sum
The
from
$5.
account
on
and
20,
credited
total
credited
to
credit
to
paid-in
to
Warren
,>
and
Erie
Period End. Oct.
Federal
•.Other
31—*7
of
>
89,312
of
expenses
taxes
stock
C--;.'—
1638.
,
the
&
and
■158,040
9%%
of
$80
77,870
75,338
J 912,135 ?
;
reserve
the
$161,438
Gross
income
•/
Jnt. on mtge. bonds-—
$161,886
$182;744
761-
;
-
the
46,667
Other int. & deductions
$183,505
)
.
$2,055,223
46,667
r
4,784
3.917
..'$110,435
$132,921
/
income_/__>__»L
.
"
Transfer
from
•
C—
reserve
<
surplus
Balance
'
Dr3,293
.
124,634
in
road
Net
of
two-thirds
-■
the
of
of
$1,613,000
of
three
&
Essex
The
D.,
and
wage
salary
dividend
of
and
6%
of
by
Sept. 30—;:v..
1945
shares.^.——_
share
'
1944.
$254,996
:
capital
$396,968
.
l l,042.644
'$0.24
/—
1,042,644
$0.38
Federal taxes.—-v. 161, p. 2658.-' :'■<■.>
■
■
/
t
FOR NINE MONTHS ENDED AUG. 31,1945 '
f
billlngs__^u'__'__'__'_„^_V__./_l_____„_____„.__ $642,514,000
and
income
(estimated)212,000
16,745,000
Net profit
_*—
'_2—$4,921,000
^ Earned per share on 600,000 shares capital stock»/Z.i-L>"'■■
$8.20
-Net* working
available to the tompaiiy-on Aug. 31, 1945,
Of this total working capital, .approximately $8,000,000
changed status of tax refund bonds and excess
liabilities under the provisions of the Tax Adjustment Act
•■/ ".'
V-; ;■
"
'
from : the
profit tax
of
capital
$64,407,000.
resulted
>
1945.
-
;;;
Current assets
';■> current 'liabilities
be
& W.
voted
remaining
the
to
by D.,
reduced
the
As
stockholders,
$1,150,000
charge-out
the
remainder
of
from
AND
1945
*
YEAR
shares
ferred
->
$6,761,439
764,583
road
879,228
Grds$
61,444,393
railway^
*
r
65;922,008
12,912,321
income___.
1942
-
4,763,120
.
from
from
V.
due "to
NOTE—Adjustment
December,
'shortened
Du
Net
from
railway--—-'.
from
Net ry.
1945-'
railway-—/
will) be
period
:
*
84,560
From Jan. 1—••
8.
Gross
Net
Davega Stores Corp. (N. Y.)—Listing of Com. Stock—
ffom
from
Net
ry.
2,763,085
'
railway
^29;940
2,835,775
*'
$5,300,190
3^687,070
3,801,096
".
1,447,139
1,802,157
*
1,570,112
;.
identified
investment what-
no
'
••
•
.
*
"
of
'
a
* as
Pont
■.< *...
had
ever
investment
an-
'
*
statement attributed to Colonel
Farben Industry control officer in
is
i.•'/;;
result
a
has
company
of its subsidiaries.
stock interest.Du
only
as
/
a
of
in I. G.
Farben, in fact,
in 1925 in
$1,785,522. made
the-stock of two German explosives firms, Dynamit A. G.. and Kolnwhich later were merged- with or came under the control
The Koln-Rottweil 6bures were converted into 1. G. shares.
\ The investment was. later increased, by the exercise of purchase rights,
/to a total of $2,395,316, which was approximately
of 1% of the
Rottweil,
r
of I. G.
/
159,257
-183,402
r
2,377,101
issued
2,310,939
583,012
546,311
699,795
) 762,529
820,447
.
from Germany, giving the' impression that the
substantial stockholder in I. -G. Farbenindustrie
is
Pillburjr,
638,541
of
641,726
;
..
-
mark
blocked
and
remaining
This
1934.
company.
disposing
began
whole
its
In
Pont
that
of
shares
Pont
Du
Sale
"
'
645,869
income—' V
oper.
•194J}")--
>/
railway—
1,779,472
these "reports
of
Germany.-,-.
The
''
c-
,
*l. 3,220,267
.
the following statement:
or any
latest
Edwin
,*
$338,254
-t-*55,764 ■*.'«
'
$1,069,483
3,209.409
/
103,078
154,363-
I. G-,
in
The
•
:
1943, •*
•$123,139 :
.
$297,638-
148,964
-
income—
oper.
1944-
:
"
$381,563.
^
1942
.
railway
Pont company
ever
,
*
Ry.—Earnings—
October—-
Earnings-
-
/ are entirely incorrect? -The- Du Pont
9,382,111
2144.
p.
Issuance.
vestment
.
amortization
notice of
1945
1944
• 1943
$4,908,727*:. $5,245,622 * $5,754,120
railways-
'1 Nov. 15 issued
19,900,412
9,392,380
1945, accounts.—V. 162,
upon
=">■ .j.r-r.",v
162, p. 2145.
came
-
V";*
(E. L) du Pont de Nemours & Co. (Inc.)—Has No In¬
in I. G. Farbenindustrie—The corporation on
$6,618,029
2,365,226
-.
time
to
*
1,177,584
21,724,548
.
time
additional
the
amount
of the: pre-
From Jan. 1—
/
68,435,608 ' 60,170,503
18,425,074
3,979,8.29
from
150,000
conversion
upon
/' '■ J'
37,314,270
railway__l^
38,143,541" 37,443,548! 39,370,602
Net..from railway---./-^ 20,175,402
20,872,422
22,093.376- 26,353,656
iV
ah**
Net ry. oper. income-tl"' 11,032,664 "i 1,313,296
7,024,211
8,245,570"
'
:'*!/■
the
listed
and
representing
cents),
issuance
Gross from
;
-
in
be
to
50
for
2515. '
p.
preferred
been. issued,
.(par
Net'ry. oper. income-/./■/:
yVy-/V
*189,670
•Deficit.
8,323
stock
reserved
Recurring. reports
raiiway-_*-u*
authorized
the
listing
of
stock, 33/4% series,
has
convertible
has
Duluth Miss a be & Iron Range Ry.
:
1—
oper.
Which
'JK October—.,'
•
Net
V
.
$6,838,173
~ 367,783"
"2,013,726
stock,
'—V.* 162,
unamor-r
;
stock
455.*
Listing of Preferred and
Exchange
cumulative
common
common
p.
'
DATE
-
of
'
of
of
162,
" ••
;
Stock
all, of
$100)
(par
•
the
1943
C. 256,112
income--^.
TO
1944
$5,373,972
railway-/™
railway--/-™
from
ry.
OCTOBER
■
ry. oper:
Net
FOR
shares
60,000
result
-
facilities created for war purposes-
emergency
York
and
the road's
year.'.
a
a
$202,669,000.—V.
were
'
)
shares' of
outstanding
L. & W.
about
by
said
-
period
Industries, Inc.
The * New
-••
the
two-thirds of the
excessive prices.
pay
t
Passaic
the
RR;'and
owns
three-months'
Common Stock—
v
Williamrailroad—
&• Essex -Extension
Morris
the
Dresser
outstanding
the D., L;
the
V;
of
pieces
Extension
L.
49.6 %■ of
intend
% this
program,
merger
small
as of
Aug. 31, last, amounted to $93,480,000 and
were $29,073.OOOif
^7
* K"
quarter dated ended Aug. 31, last, contract'cancellations
adjustments amounted to $584,126,000.
Sales and billings during
For
and
-
Delaware Extension..Mr. White
not
program
will
for
to' acquire
does
of
From Jan.
Gross
.*•
$1,576,869
507,386
$1,121,625
a
Y*<:
the %
required to effectuate
f v;; v;-';'.:**'
which is expected before
RR.
December-will
from
from
Net
Gross
421,161
declared
|®i:6vipion for contingencies,«_J_'Cr.UU^-;-.-.-i-.^--.Jl--11.2,^'"': 1,546,000
White indicated that the company will report a net loss this
between $2,500,000 and $3,000,000 owing to the payment of
$3,350,000 in back taxes to the state of New Jersey and because
Gross
232,474
$1,542,786
Balance
aiso
Provision for
•
Co.,
RR.
bonds,
-
except
Denver & Salt Lake
25,168
surplus
$135,603
; $129,628
applic. to preferred stocks for period
Dividends
;:
•
Greene,
able
October—
%
■
-
were
EARNINGS
.
$1,344,395
.
on
'r
After charges and
..Net
.
560,000
77,071
*
$1,418,152
of
Morris
the
and
charges
made
Net
properties
the
.
on
made
were,
,
Douglas Aircraft Co.,: Inc.—Earnings—*
-
issuance
mortgage
said,
EARNINGS
$1,912,718
560,000
'
-•
proposed
Passaic.&
been
Net
//
•
Sales
:
of
the
125,769
C$1,902,239
8,773.;; i : 10.479,'
$2,046,450
"
448
__
each
quarter's, prof its to those employees actively employed
31, 1945.—V. 160, p. 2645.
per
;
V
the Chester
these
the
of
merger
Mr,
-1
Net oper. revenues...
Other income
the
Extension
tized amount
754,691
//' Ii_—
appropriation
'<
of
lines
fixed
of
RR.,
stock
1,082,410
1,094,663
-
merger / of
Co.,
vofe
necessary
Division
President,
not
these
$8,680,770
3,720,998
.1,093,552
.
RR;
•;'
unification.
over
Greene
has
[
1,823,529
83,757
105,398
the
than
Delaware
about
3,858,839
Earned
Birighamton & New York RR Co., the
Syracuse,
York
New
Warren
capital
of /
$90
the
Co.,
also approved
White,
.
$9,734,505
314,245
cents
of
RR.—Merger
.
194&-rl2 Mos.—1944"
r
$814,124.
.
.
share
per
21«to* holders
Sept/28, this year.- Payments in 1944
June 30 and Sept. 30, 75 cents each;
31,
income
of
:;
"v-7
Taking
year
138,408
/_
retire;
p.'
162,
capital-account
directors
Number
"i
leased lines,
•"year-end, marks completion of the company's
account
for
1945
or
'.V:
RR
W.'s
-
Co.—Earnings—
330,948
'Depreciation
property
Oct.. 22,
on
1945—Month—1944
/
taxes
sold
and
March
Quarter En(ded
•Net
•,
connectioh -with'; the
in
Warren RR.
.
/\.7J7/V
-
$133,902
was
management and*operation.
50
si
Dec.
Doehler-Jarvis Corp.—Earnings—^:"'',"/;/;;'"
v>
.
approved the merger-of the properties of the
Delaware, Lackawanna & Western RR *for,owner-
into the
of
,
of
payable
the company on Dec.
Nov/14
on
Co.
stock
&
account,
capital
J
Western
29
dividend
a
stock,
Distributions
*
50 cents.r ;
their, fourth
-r
$128,230 or 67 cents per share
161, p.. 2658. /.'/ /77.'/7/v:';'fY
&
June
31,"
The
*
..
$756,728
.442,000
• -
the Passaic
Delaware RR. Coi'the New Ybrk, Lackawanna* & Western Ry. Co.
(Pennsylvania) the Newark & Bloomfield RR. Co. and the Sussex
&
there will
capital
stock
common
common
$814,062
revenues....';
Operating
the
dividend,
stock
Lackawanna
Central
&
rr.
additional
2
profit
net
14.
follows:
as
Dec; 23,
,
' The stockholders on Nov. 26 approved agreements providing for the
1 .merger into the D., • L. •& W. RR. of-the following eight leased lines?
dividend
$446,560..
surplus.—V.
Dallas Power & Light
Operating-
to
were
the
stock
common
be
will
referred
to
•
*
1943
/
was
T:-.V:Y
of
stock
1945,
Dec.-
record
March
'
Stockholders Approve Merger of Eight Leased Lines
Into System— v.?
'[',1
^V/'.V7J-
official j notice
25%
a
Nov.
such
as
surplus
dividend
shares
issued
share
earned
The
said
of
two
Which $10 was
Was
-
the listing
onJ
of
30,
with
of/1944.*—V.
quarter
2 companies.
of
With
be
f
(par
payment
holders
to
authorized
stock,
common
of
y r
commo^ stock which were issued by private sale on Oct/
1945, making the total applied for 446,562 shares. /;-,/tV7'//>
22,
'
of
connection
payable Dec.
shares
Stock
Sept.
compared
continued
-
all
More
New
share,
■]:
Co.—Larger Dividend—
declared
capital
.
house
Cuneo Press, Inc.—Listing of Additional Stock—
The
ended
19
Nov:
on
$5,000,000-outstanding
•
Authority also was granted to the. DL«feW. to. (1), issue certificates i
deposit in respect of not -exceedingi,32,278 shares of the capital
of the Warren RR, and'
nbt-exceeding $1,613,900 of its Warren' .
division, mortgage bonds; .; and
(2) to assume obligation- and liability
:in
respect of $1,394,000 Warren-RR first' refunding gold mortgage ;
-
;,
elected
/)//'* v
p.' 1886. j
$1.62
directors"
The'
the
$365,392 > $314,728
190,781
/'*190,781"
$1.91
$1.65
;
190,781
in the fourth
' - • «- •
in-August.
Rene¬
«■
'
stock
head
was
at
branch
the
$309,071
.
'.*
chargeable
•
:
terminated
.". of
■
S
-Mr; Sanders- was head of" the
of the beef and fresh meat
1944;
Wesin
Mr.
of
Manager
..
zzL:„/-
t
were
Crucible
(Joseph): Dixon
-
on
;
,
553,000
383,000 r "
shares_/i?/:J-7_//
quarter
per
ship -and
=".*7/
been
the
Warren RR
£.*;■'•<: ,/jYY S*'
:
Sales
'
-)// 1944
$592,071 V V $918,392
taxes/-/-*.-*--
Warren BR.—
Cudaliy Packing Co.—Officials Promoted— /;/ //••"
«
V
.
1945
/■;. /
k
made
was
*
//"/■"./ " v!'
City Bank,.
National
period
will be
.
in taxes produced a net charge to surplus of $347,000,—V. 161, p. 2658.
•;
"
to holders of record
source)
1945. '
20,
2144.
p.
r
'?
certificates .of necessity
the
the shortened
162,
——//n//——
Delaware
:
1945,
deposit-Receipt for $1,000 original principal .amount bf said -bonds. ($4.27
Interest payment," $15.06 principal payment and $16.36 cash payment,
in lieu of participation -certificates for 1945,
amounting ;to $17.37
the close of business
i-jvJ >
:
share
per
cents
for
of
of $5 per $1,000 bond on surrender of the Dec,'.. 1,; 1945,
from first lien and refunding mortgage gold bonds,, series A,
*7%extended to 1946,*:and first lien and refunding mortgage ;gold
bonds, series B,;-6%, extended to 1946,
and of $35.69 per "$1,000
at
accounts.—V,
Federal
profit
For
•
interest
less Cuban tax of $1.01-to be withheld
continued.
charges.A.-C
Number of capital
coupon
■
after-
Earned
of
issuance
Dec.; 1,
on
1945
Sept. 3Or-'.
Provision for
|
;
Constitution
the
for
made
be
Profit-
-/Y/
the
plan
basis
apply
to
v
9 Mos, End.
Bank,
City
.•/».; : ;
RR.—Principal and Interest iPayments—
accordance
elected
amortization
No
company's war contracts
ofGovernment, business .for the calendar, year .^944 has
concluded;
The negotiated refund less the resulting "reduction
been
,,
,
"
Cuba,
amortization
cbmpany
,
'"i s ''
•'
'*
V"»Deisei-Wemmer-Gilbert Corp.—Earnings—
ij
holders
-to
source)
month
60
the
the
gotiation
"amortization
to
the October
in
All
' Monday, December 3, 1945
/;/;
v..
previous quarters.
quarter." ',
' -
to "operating expenses" and the credit
referred to, amounted to a net reduction*,
$1,905,867,-whereas the current position-of
charge
complete adjustment incident to
which
1945.
office
at
.//•
at
to
credit
.:
.
actually
was
charge
the
the
accruals,"
account, of
increased by $1,380,078.-.;.'- •'■
of
defense; projects for equipment"
"railway tak accruals"* exceed by $3,174,496 and
respectively, the amounts that would have been reported
company
.
^
tax
income
The
.
and
Cuba Northern Railways—Principal and Interest Payments—
' '/■•
r.
r
In accordance with a transitory provision of the Constitution of
Cuba, the procedure for deposit, and the plan for issuance of par¬
ticipation certificates, payments will be made on Dec.
1, 1945,;-of
Interest of $4.42 per $1,000 original principal amount of first mortgage
gold bonds,
5Yu7e
series of
1942,
due 1942, upon presentation of
bonds for stamping of the rider attached thereto; and of $35.69 per
deposit receipt for $1,000 original principal amount of said bonds
($4.27 interest :payment, $15.06 principal payment and $16.36 cash
payment in lieu of participation certificates for 1945, amounting to
that
seen
to
in
.income
expenses
be
fore
of certain portions of: refinancing
charged to surplus accounts; There have
account fori the
nine months
ended
purposes
been
the
Sept.
.
CHRONICLE
THE COMMERCIAL & FINANCIAL
2640
of its
investments in I. G. - in
1933.
I; G. investment was authorized by Du
difficult
proved
requirements.
of currency regulations
stock was, however, fully
because
I.
The
G.
'
The
New
Ahares
York
of
common
notice
Upon
of New
*nd
of
York
Corp.
($5
filing
the
of
and
listed
the
agreement
of
Pursuant to
cessor
into
<N.
its
certificate
a
Davega
Stores
principal
Y.).
Of
the
and
the
of
and
consolidation.
corporation
upon
/•
Davega
(par
Stores
$5),
Corp.
the
same
its
of
all
the
assets
addition
will
and
be
its
own
to
such
and
to
the
is
corporation
all
the
separate
to
capital
authorized
present
subject
have
stock
the
"
of
the
202,000
shares
of
the
for
all
Normal
stock
of
the
profits
Reduction
than
taxes
66,219,330
The directors
on
Nov.
16
declared
a
Balance,
Gross
Operating
Dec.
Feb.
on
June 23,
S!P» 29'oAhiLyear- Psivmenfc'5 in
Nov.
$1,
and
20, 25 cents.—V.
Delaware & Hudson
October—•
Gross
Net
from
from
Net ry.
From
Gross
;.
r.•
>
.
•-
...
.
3,525,000
540,000
railway$3, 637,233
railway
oper.
Jan.
and
*
"V/
279,893
Other
209,302
debt-—
4,849,055
$6,372,404
$7,776,596
*'•.
ry.
oper.
were
as
from
Net
ry.
1,107,513
808,577
*1 472,603
794,736
1,246,361
1,195,798
39 ,105,578
40,632 901
4 ,819,355
42,600,466
11,106,516
12,485,889
38,134,788
13,494,750
7,391,062
8,345,984
7,789,333
"
includes
the
related
was
charged
Federal
/ 6,587
14,031
from
from
$197,464
831,903
840,351 f.
114,743
111,939
1995,
Interest Paid—
due
interest
The
June
was paid Dec.
1, 1945,
York.—V. J 162, p. 2144. '
T Motor
/
828,488,r
925,584/:
,
,
at
Car
office
•
•
income
tax
credit
of
$1380 078
represents the tax saving resulting from the adjustment.
It'will
Trust
E.
-
of
:
-Y4'Y
Sales
,
after
■
charges—;—_I
and Federal income
,
.
Net
profit
Earned
after
of
capital
tax———
1,134,629
871,600
1,748,992
1,351,000
$263,029
$397,992
421,259
$0.94
nine
capital
421,459
——;.—
$0.62
months
charges
come
shares—.
share
per
taxes
ended
$6,799,622;
$5,457,620;
Sept.
30, last,
sales
were
-
$75,164,775;
which
the
there-
ending
effect
of
Sept.
the
29,
that
shortened
and
the
*•
'
period
include
the
September
-
for
/
16,742;
>63,439
v
$37,810
16,154
$37,030
$86,398
the sale of properties and dissolution'of
Inp.^in December. 1944.—V 102. D. 1888/ •/. -v. »;•
give effect to
Street Ry.—Calls Bonds—
outstanding
$5,700,000
for
accepted
be
-
general
payment
surrender
upon
at
the ..option
"
full, redemption price, together-with
accrued
interest to Dec.
21/ 1945, will be made upoii presentation
and surrender of said bond:).—V. 162; p. 2270.
7
'
of
payment
the
Racing Association, Inc.—$4 Dividend—
directors
Dec.
12
to
declared a. dividend of $4 a share, payable
of record, Nov. 30.
This will bring the -1945
share, compared with $12.65 a share paid in 1944.
have
stockholders
payments to $12 a
—V. 162, p. 781.
close
of business on
paid
•*'•-•
quarter's
amortization
adjustments
V
of
figures
war
applicable
to
reflect
facilities
the ,two
from
securities.
year,
.
Fund—Special Dividend—
A special
dividend of 60 cents per share has been declared by the
trustees/payable Dec. 24, 1945, to stockholders of record Nov. 30,
1945.
The stockholders: have the option of taking the special 60-cent
dividend in
shares oft the-Fund at- their net asset value as of the
profit
provision for renegotiation and Federal in*
income
$1,342,102,
equal to $3.18 per
-
states
.
i-
*
Eaton & Howard Balanced
net
share.
company
14,085
,
3,870
;
Dec.
10,
long-term
capital
Fractional
shares
"
The
>
holder.
The
.
"
Number
6,708
$165,991
1962, have been called, for
and interest. - Payment will
will
the
•
——-_1—_*—
Renegotiation
356
,
1945
1944 »*
$14,982,030 $20,350,439
/
.
—
—
—
Profit
'
to
Eastern
Co.—Earnings—
Quartef Ended Sept. 30—
20,802
: $53,772
Co—
Service
surplus
Immediate
bohdk/;due
Cd7tJ Itic./
J. P. Morgan &'
' V / '
'
' *
of
'
'
4%
mortgage
$159,283
mortgage
bonds du*
redemption 011 Dec. 21, 1945,
be made at the Old Colony
Co.,-trustee, 45 Milk St., Boston, Mass.
Y ,-:
D.
Crowley;
Treasurer/ announced that the above mentioned
J,
105%
at
;
962,499
;:
Y
.
1945,. on. the
1„
$53,416
7,892
of/..
' "
taxes
inc.
Fed.
Public
the
of
March
bonds
r
61,157
$55,766
Coast Ice Co.,
All
97,033
ji-Ufi'.V
railway.---.
103,219
13,502
'$54,577 J
i_
Eastern Massachusetts
v
■; 116,584
15,931
railway.-—_
June 1, 1945
For
amortization period for certain
against October 1945 ."oDeratine
expenses," $3,285,945.
This is merely an accounting
adjustment involv¬
ing no cash expenditure.
"Railway tax accrual" for the same month
there
income___
oper.
$87,932
-22,086-
1942
$4,309,318
1,642,212
NOTE—As a result of the shortened
projects,
23,552
Diamond
1943
$4,160,257
•Deficit.
defense
".
$101,847
16,979
railway--/
57,00.5
27,340
1942
,*• 1943
1944
$95,159
railway—-
From Jan. 1—
Net
New
2 ,271,330
income
1945
from
Net
159,7.60
272,660
18,451.
16,610
,
deductions_-w-.——;
for
'Restated
East
Ry.—Earnings-
October-
Gross
follows:
1944
Balance
$833,898
1,188
Coast
East
2144.
162,. p.
taxes-
income
income
Provision
-
58,997
22,128
replace, and retire.
income
Total, income
4,755,756
•
79.664
-
income
Gross
*12 Mos. '45
$213,111.
41,403
.'14,882
than
Operating
•
21
2269.
$242,199
Federal income taxes of subs.-_:—-
$11,221,458 $12,532,352
unfunded
Detroit & Mackinac
holders
May
1—
railway-—
railway-
from
Net
lq44
20,
expenses
other
Taxes
cents
$4,379,238
*2 ,514,082
income—;
p.
25
to
1945—3 Mos.—*1944
)
*
:/.
(& Subs.)—Earnings—
46,443
for renew.,
Prov.
operations— $10,941,566 $12,323,050
income
income
,
funded
on
utility
from
income
Net
-V.
Corp.—Earnings—
1945
from
Net
RR.
1G2,
of
31
•"
revenue
Maintenance
to date of impounding orders
8,534,000
11,841,000
due to impoundings_-iCrll,805,000 Cr2,466,000
income
corporate
Interest
Gross
quarterly dividend
.
Service Co.
power
provision
Other miscellaneous
'the
of
per share on the capital stock, no par
value, payable
01
record Dec. 8.
Like amounts were disbursed
operating
Purchased
name
$2 500 000
Quarterly Dividend
of
time,
same
Period Ended Sept. 30—
Total
006,459
-
—
•*•....
tax—•
in
income
surtax
and
Provis. made pr.
predecessor
and
Davison Chemical Corp.—25-Cent
^
other
taxes
tax
Excess
The corporation will acquire
liabilities of the predecessor
existence of the predecessor
common
$671,406, and the Dynamit A; G.
were liquidated at a loss of $534,359.
loss
a
.
held
of
at
East Coast Public
1944
1945
•-
,
•:>
outstanding will be converted into 1.2 shares (or a total
shares) of common stock of the
corporation.
All of the
.capital stock of. Davega-City Radio, Inc., held in its*
treasury
or owned
by the predecessor will be cancelled and no new stock issued
in
exchange therefor. .Each of the ;remaining four shares of
$10
par stock of Davega-City
Radio, Inc., outstanding and not held by
the predecessor will be
concerted into two shares (or a total of
eight
shares) of common stock of the
corporation.—V. 162, p. 2390.
*
,
31—-"*
242,400
shares
;
Oct.
•
,
of
Ending
1940,
at- the
sold
shares,
.
and
and
are
Months
in
of
•; —V. 162, p. 2269.
(& Subs.)—Earnings—
Gross earnings from utility operations
$91 ,244,509
$77;414,895
Operating and maintenance charges, current.
v
appropriations . to retirement
(depreciation) ) "•
reserve, provision for accelerated depreciation^
:
and for postwar adjustments, and. accruals
com¬
with
capitalization
disposed
cease.
Each
issued
of
12
the prede¬
except four shares
authorized
an
the
certiifcate
Davega-City Radio,- Inc.*
capital stock of Davega-City Radio
predecessor Delaware holding corporation.
m
into
■/:'/:/
l-
Detroit Edison Co.
State
from the' list of
predecessor Davega Stores
converted
;
i.e.,
of
striking
be
to
* Deficit.—V. 162, p. 2144.
.
subsidiary,
surviving
and
as
of 242,408
issue
agreement of consolidation,
(Del.),
will be
consolidated
80,000 shares
or
of
Secretary
and
Corp.
mercantile
consolidated
notice
the
such filing of such certificate
...;■• -y."
Inc. (par $10) issued and
outstanding, all
by the predecessor Davega Stores Corp.
The
of
of State of Delaware of the
stock
common
issued
of
official
on
offices
consolidation;
stock
mon
authorized the listing
par)
in
the Secretary
of
shares
(Del.),
Exchange has
stock
the
and
agreement
.202,000
Stock
The
the
company paid an
on Dec. .3 will
trustees
This dividend will be
arising from sales of
On Dec. - 23, last
extra dividend of 50 cents per share.
meet-to consider the quarterly dividend
1945,
gains
will
01*
or
not
in cash.
profits
be
issued.
Volume
from
162
interest
that ^this
rate)
and
dividends
dividend-will
will
and
Bond
received
by the
20 cents
approximate
be-payable
1945.—V.'162, p. 2145.
Electric
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4443
Dec.
' '
r
"
,
Share
&
1945, to
24,
<"
•
Fund.:;.It,, is
; a".
The
lor
its
stock
common
competitive'bidding
;
Dec.
instead
should
v
offering
stock
the
in
ex¬
&
Bond,&
Electric's
-Sharp holds £46,985 shares
outstanding
.18.9% ;.: of
or
stock.—V.
common
162,
Light
&
stock
on
'
transactions:- proposed
follows.*
share
of
such
which
accordance
(a)
-
outstanding
At
and
of
be
may
summarized
exchange, on a voluntary
$7 preferred stock and $6
of
stock
common
held
United
of
..
...
..
-
Mr.
herein,
Electric
proposes
to
testimony which will constitute most
the
directors
stock
of
the
plan, and
of
common
of
$7
insert
stock
of
in
that
of
such
such
the
amended
be
to
time
exchange
".from
the
in
send
it
of
its
security
shares
(c)
In
the
the
event
of
the
approval of
Commission
apply
to
amended
plan
appropriate
an
for
and
and
all
$6
preferred
rights
162.
and
stock
claims
2270.
p.
to
accepted
accrued
Elgin Joliet & Eastern Ry.
v
October—•
Net
railway
railway
from
Net
ry.
$1,969,228
••
including any
dividends thereon.—.
$2,965,008
991,825
Net
216,377
Net
ry.
—V.
of
the'
27,283,923
162,177
7,164,002
7,684,712
867,982
to
2,733,052
1,680,967
744,020
of
tional
:
15.407
Other
;
taxes
>'
Net operating revs.,_
Other income (net
32.138
*$£
$83,837
A$858,636
Balance
Int.
and
5,137
21,621
$76,040
$88,974
24,657
-
21,474
$880,257
stock
such
the
Balance
stock
$51,232
$67,500
A-
$644,406
.
♦Excludes
p. 2014.
operations
-
;
,
of
"properties
/ "
^
sold
.
Dec.
to
Shares
The
of
its
-'at
corporation
called
,
will
is
that
this
resumption on Jan. 1,
next,
all
of 4Y2Y0 cumulative preference stock
will
be
made
entirely
from
leaving
outstanding 2,158 shares of $100 par
7%
preferred
412,853 shares of common stock.—V. 159, p. 1861.
and
>•-
be
to
board
as
in
for
the
sale
to
the
from
the
as
be
added
by
to
Period End.
of
Tons
of
cash,
and
feasib'e
the
recommendation
and
not
The
court
.the
of
real
-ANet
A-
of
the
estate
of
shares
Mr.
of
?
with
The
52,000
of
.
is
will
will
: next
two
The
Judge
of
receive
or
C.
Oct.
holders
for
would
These
into
years
of
the
share
86,209
H.
receive
new
be
can
of
Dec.
>.
bond6
for
for
be
Months
Ended
operating
income
reorgan'zed
Sept.
of
$1,000
and
r.
company,
of
on
the
basis
common
holders
on
of
30— A
'AAA
A,
—,___A
of
the
C.
offered
Co.,
for
New
159,
made,
is
iThe
latest'
to
Dec.
A
'
-V.
^
Total
costs
$2,638,111
1,458,143
Maintena;nop
_i_'—Ai,.
—a__—
—
--
—
public
of
by
■A AA
'/•'
1759.
p.
issued
the
Balance
;
Interest >on
Amortizatio
•
Other
—
funded
4
-
interest
debt
...
;
premium
-xpense
-
the
.
45,697
Balance f'
162.
p.:
v
dividends
and
surplus
275,000
$1.65
$3.10
$0.55
depletion, Federal
161,
p.
2443;
been
elected
of
V.
162,
Vice-President
this
and
company
Griffith
Mr.
judicial
bond
promoted
was
in
of
162, p.
have
we
Milwaukee,
is
already
2015;
$1,
par
the
on
of
6%
record
the
on
yA
dividend
a
and
the
Dec.
7.
stock,
30 cents
per share
dividend of
Dec.
on
'a,A' ";A: /,
22,
.
both payable
$20,
par
distribution *of
A
stock
common
"'-A' '■
of
usual, quarterly
preferred
30
per*
cents
1944
and
1943.
'■
vA '
....
,
Co. below.
Laundry
A
of
f
a
amendment
"
,
San
]
1
Francisco
'
,
this
of
Co.,
—
•
company
-
.
was
of
of
of
ten
the_25,000
outstanding
shares for
new
shares
old.—V.
of
one
of
no
157, p.
value,
par
473.
(& Subs.)—Earnings—
1945—Month—1944
revenues
1945—12 Mos.—1944
6,941,968
164,503
160.781
104,300
106,600
1,191,624
1,403,234
57,805
55,280
677,602
728,475
$39,058
$35,141
$485,597
$601,668
5
deductionsand
>
Operating
income
Other income (net)—.
Net
$9,367,873v
6,473,715
1 547
1,465
21,833
18,021
$40,605
$36,606
$507,430
$619,689
.
income
deductions,
::,A 3,349
7,863
66,983
102,752
$37,256
$28,743
$440,447
$516,937
income
on
stk.
com.
233,660
233,660
v
162, p. 2015.
Galvin Manufacturing Corp.—To Pay 100% Stock Div.
A
The
directors
share
for
at the
Sept. '29, '45
Sept. 30, '44
$1,740,102
239,955
239,880
each
share
to
increase
the
be
the
stated
capital
outstanding
issued
outstanding
presently
to
from
stock
on
additional
an
stockholders
of
a
one
record
close of business
on Nov.
30, 1945, certificates for the additional
be issued Dec. 15, 1945.
A...
•
A
'
A-a ;
effected, the number of shares outstanding will increase from
,360,000 shares of common stock of the par v^lue of $3.00 to 720,000
to
on
late
On
a;
of $3
162,
2515.
p.
the
from
to
: A
-
stockholders
Stock
of
p.
stock
2146.
reserve
$565,699
$591,177
818,568
11
.
818,568 :.A
$0.67
$0.69
three
has
has
(par
authorized
$7.50),
which
$0.72
'-v.-.
A
<The
issued
held
a-
the-. listing
are
of
appointed
military
deductions
military
Western
corporation
of
of
common
stock
own
The
r
tax
savings
consolidated
162, p. 1281.
'<
$996,208
1942,
Mr.
subsidiary,
a
just
European
re¬
theater
Minn.
540,397
.
$177,769
called
6%
-
amounting
transaction.—V.
A
19
Nov.
on
stock
and
Cable
was
operating
other
in
taxes)
80,799
Winthrop
realized
$193,833
March
of
in
earlier
Chemical
and
for
redemption
Nov.
30,
preferred stock at $110
to $1 per share.
These
per
161,
on
A,
8,932
share
stat'ons
and
are
not
who
will
the
afore¬
1
•
Corp.^—Larger Dividends—
dividend of
a
share
per
10
cents
on
$3 per share on the
the
common
B.
stock
53,037
54,242
68,286
$142,578
$144,965
each
share
of
common
143,100
71,550
«mon
stock
of
I,
Any
'
corporation
lieu
of
the
Internationale
G.
not
cash
each
the
on
G.
B
later
than
dividend
each
B
on
stock
the
common
were
made
A
on
in
17,
which
writing to
1945 his
he
shall
be
the
Treasurer
election, to
entitled,
of
take,
stock
of
Basle,
G.
stock
faer
Chemisahe
Unternehmungen A. G.
Switzerland,* shall be paid in lieu of $3 on
stock, l/30th share of the fully paid com-
A
Chem'e
l/300th
and
in
share
lieu
of
of
the
30
cents
fully
on
paid
each
common
share
stock
Chemie.
-Fractional
able.
$1
year.
Dec.
to
.
'I
of
common
Gesellschaft
Chem'e),
common
'of I.
of more than $8,000,000 (before
from the sale of the investment in
July 23 and Sept. 24, this
stocknolder who shall signify
19,417
in
year
Distributions
29.
$213,251
$15,865
radio
next,
shares
outstanding following
2659.
p.
declared
the
Co.
19,051
$14,567
>
a
things, the non-recurring profit
59,553
$196,820
•'*
;,
Preferred Stock Not Held by
cents
30
$198,064
$22,164
>1,
payable Dec. 24, 1945 to holders of record Nov. 27, 1945.
In determin¬
ing the amount of the dividend the directors have considered, among
$874,582
644.568
81,487
1943
from
returns-i-i.
has
He
the
\
50,000 shares remaining
directors
common
92,384
the
mentioned
of
Federal
July,
Co.,
2444.
and
(I.
on
in
Supply
p.
General Aniline & Film
1944
1945
has
outstanding
dividends
$145,027
171,720
Net .income
in
Minneapolis,
service
Auto
161,
23,977
—__
authorized
1,000,000 shares
to
Controller.-
service
in
by employees of Gannett newspapers and
still
A; >
.
$174,088
—
also
a
>»
headquarters
entering
for
been
years
his
Western'States.—V.
shares
82,300
(net)----I
income
"...
.
was
30.
the
cnange
value
par
;
share
Employees—
818,568
*
•
accruals^
to
-A-v
Nov.
408,707
;;A
Sept. 30—
voted
500,000 shares of $1
Cab'e
make
Controller
250,194
326,980
L.
from
will
Before
$1,576,077
> V
326,000
$548,957
Exchange
common,
162,
per
record
value,
Arthur
and
accrued
Yoik
j,- - >r>
of
and
turned
Oct. 3, '42
241,860
.
*
a
cents
30
,
> 326,000
$0.72
A
of
stockholders
Gamble-Skogmo, Inc.—New Controller—
/
$1,460,540
revenues
of
1945,
dividend
15
one new share being issued in exchange for each share
outstanding capitalization being increased from $360,000 to
$1,080,000.—V. 161, p. 878. A.
; a.:
aA'AA
AA-AAa' A A >> '
Assistant
$418,945
:/ilin-r
7,
stock
par
held
Austin
625,265
818,568
1169.
income
'Includes
semi-annual
payable Dec.
May
common
the
Gross
usual
declared,
•
the
Oct. 2, *43
A
„> A.-A-
The
878.
Gannett Co., Inc.—Calls
Months Ended
"♦Other
—V.
voted
When
1
Cr212
:
19
$2,^160,000 and to split
basisi thereby causing to
shares.
taxes
p.
326,000
>$588,494
-
Utility operating income-.
450
Nov.
on
to
two-for-one
charge of
subsidiary,
its
the
to
department.—V.
.
$466,051
inviting bids returnable Dec. 5 for tbe purchase
$350,000 of promissory notes to finance less than 80% of the esti-
1
"because
15,600
Income
$4.00
,
shares
Dividends
is
1947.
14.000
stock
Erie RR.—Invites Bids for Notes—
months."—V.
declared
20
stock,
lieu
in
normal
Gross
$986,052
$1,741,119
New?
Operating'
1168.
The-company
in
up
was. necessary
surtax
■
350,000
$764,562
Retirement
$473,579
put
$9,461,295
58,821
Florida Public Utilities Co.—Earnings—
12
Income
-V.
Nov.
on
made
Divs. declared
$407,796
127,500
46,868
remaining land reserved for
being built.
It is antic¬
now
be
571,609
"
0
45,000
.
173,740
*.
half
$784,321
•'
$136,997
251,864
520
,-
.
the
12
will
project
Fed. excess profits tax_i
Depreciation
1945—9 Mos.- -1944
—„—$1,080,425
Operating revenue deductionsl__'_. A 725,33 i
Federal income taxes
J
98,703
Cr212
the
approximately
occupy
573,070
$1,336,052
has
s
162,' p.
1,000,000
72,031
46,875
Froedtert,
Milwaukee
$788,233
under¬
$1,039,562
taxesiA:A.A 326,000 "
profits taX__ AI 586,670
outstanding.—V.
$2,608,983
1,517,796
$520,761
will
expansion
Mercantile
basis
Operating
Oper. rev.
,
$547,796
140,000
251,525
..A A
surtax„___.
the
the one
Galveston-Houston Co.
3,299
127,500
Taxes, other than Federal._—
Federal normal incoipe tax and
,
would
with
to
and
Period End. Sept. 30—
shares
sale
York.
209,145
Depreciation
R.
the
in
output of our plants in
Minneapolis
and
Winona,
Minn.,
2146. A-
name
on
142,199
71,035
earnings
gross
„
':
house
filed on N-w. 1$.-'
the company was changed to Galland Linen Service *•
Simultaneously, 250,000 shares of $1 par value capital stuck will
the
be
'
Operating
land,
that
said
certificate
Fed.
3,478
departments
1941
of
profit
A> The
t
$2,466,783
144,680
also
was
Co.
,
31,
948
income
exc.
Net
to
1944
Kurtis
unit
to a malt house,
storage facilities.
and
structure
problem
per share
to holders
162,: p.
and
that
1,138
A,
Com. shares outstdg.—
Per shaie 'bii com. stk.
455.
1945
of
third
addition
addition
Changes Its Name—
however,
Florida Power Corp.—Listing of Common Stock—
$2,493,430
:
Wis.,
It
hold
hoped
number
15,297
adjustments.—V.
Griffith
bond
December,
Fed.
which
shares
p.
In
the
later
the
See Galland Mercantile Laundry
,
immedi¬
prior
Bonding Co. of Baltimore, to succeed
Geiselman, whose death occurred on Nov. 12.
Federal
consummation;
Co.—Earnings—
revenue.
the
stock,
$2,250,000
new
Milwaukee,
compose
cleaning
tract
the
Galland
shares
$181,997
Net profit
Depreciation
the
for
a
•
but before deducting
year-end
Quarter Ended—
their
for
on
Galland Linen Service Co., San Francisco—New Name
-A
split-up
held
First National Stores, Inc.—Earnings—
A
shares.
Fall River Electric Light
Other
of
60%
162,
9
depreciation
and
H.
In
10
convertible
each
86,209.8 shares to the present common holders, and
456,384
held in reserve for conversion of income, bonds.—V.
Gross
each
15.4%
started
plant equal in size
common
21
share
—V;
the
stock
it
made
unspecified
an
be
&
share-—_ AAA,
per
Managership
'
would
shares
for
common
representing
-
income
bonds
common
100
of
be
.
W.
5.
shares
purposes.
income
160
into
of
all
will
said
directors
the
,30 cents
made.
authorized
2556.
p.
.
grain
Froedtert
The
on
Fidelity &1 Deposit Co. of Maryland—New V.-Pres.—
$20,000,000.
^amendments, would be 1,017,993.8 shares
475,400
would
be
issued
to
debenture
<
"After
income
reorganization which provide,
the common stockholders, were
Knox
one
total
a
issued
years
capital
John
per
(Robert) Gair Co., Inc.—30-Cent Common Dividend—
:
.
would
be
.claims.
.tnree
Earnings
equitable
despite
a
verbal
be disapproved as unfair
"-AaA '
A AaA>: -'AA'
testimony submitted to it at
than
cents
"■
company.
that
$1,080,000
1-
judicial
plan
50
1946, respectively.—V. 161,
Detroit,
Mich.;
practically sold out for the next
dis¬
thereafter
is
be
stock
624,000
a
American
more
of
.
income
the
not
in
one
addi-
$3,120,000.
stock
representation
"split-up"
.
such
as
common
11,700
taxes
Net
the
trustee's
southern
and
Pa.,
dividend
extra
an
15,
been
Wis.;
;>
•vA'A
outstanding
1045—3 Mos.—1944
lessees..
by
Prov. for Fed. inc.
value of $21,375,000 for the corporation's real
building at 120 Broadway, plus a cash balof Nov. 1 and rejected the SEC contention that
was
the
reconversion
no
"
plan
expert
eight
in
Pittsburgh,
balance
■
-A>:'AA
of
declared
has
facility
nine-acre
a
J A Mr.
prod,
:k-A._
a
the
held,
to
Debenture
'-principal
..first
the
be
George
■
work
added
ipated
Securities and Exchange Commission.
subscription to present common stock¬
tbe subscription offer will be filed by
will
Sept. 30—
prod-
office
Federal
now
total
fair,
as
will
while
quarterly dividend of 25 cents per share on the
both payable Jan,
2, next, to holders of
1945.
An extra of like amount was paid on Jan. 2,
Froedtert
f a fourth
:
charge
indicated -in-
?'":'■
and
stockholder
stock
general funds.—V.
shipping
as
value
to
approved
Charlotte,
$10,
company's
plant
in
has announced.
include
aggregating
assumed
sale
and
share
.
to
Hallgarten
income
reorganization
of
that
result
found
the
Stockholders
.
plan
SEC
others things, for participation of
shares
the
the
$1,202,439
Amendments
pmong
filed
the
16
Nov.
on
A;,?:
as
chiefly
estate,
trustee's
by
feasible.
prior hearings
.ance
Knox
have
par
15,
new
shares
Judge John C.
in
Foremost
Arrowood,
the
for
of
concent.
produced
stock
Equitable Office Building Corp.—Plan Approved— >;>>;
Federal
plant
in
1281. - :
162, p.
...
plant, of
outlined
prior
a
stock.
purposes
the
>-
proposed
therewith,
G;292
price
stock
common
such
issued
or
with
subscribed
of
owner
V
connection
redeem
the
stockholders
offered
-
not
former
organization
15, June 15 and Sept.
The
decide.
may
fully
more
redemption
over
and
he
details
the
distributing cortcern
President,
held
stock
common-
company
preferred
registered
stock
will
headed
Tons
>> A:>
retirement
of
the
.
at
to
—V.
90,000 shares
share and dividends.
per
stated
dairy
a
largesx milk
Federal Mining & Smelting
Co.—Earnings-
for
outstanding
$52.50
It
h^>s
as
period,
Of the net proceeds, $6.48,076 will be
used by
the company to re¬
deem its 6,232 shares of preferred stock at $103 a
share.
The balance
162,
Emporium Capwell Co.—Calls Preference Stock—
Li
the
common
has
Complete
:*
writers
67,501
:
.
r
used
each
common
common
stock
holders,
$624,287
31, * 1943.—V.
-
,
be
effect
then
in
Charlotte,
that
Reinhold, stated
the
usual
.
Excavation
.
stock,
of
directors, rights
on
the basis of
-;
■
■
at
used
for
Southwest
of
Addition—ta
conditions,
limited
,stock
shares
incurred
such
distribution
corporation
The
■J
258.438
div. requirements....—67,501
wiil
giving
amendment.
'
Pfd.
common
the
be
issuance
that
of
Farms
Froedtert Grain & Malting Co., Inc.—Starts New Plant
common
of
having an aggregate stated value
tq .treat this stocky, distribution
increase
offering
The
$882,725
225,850 '
board
ratio
other
and
Registers Common Stock—To Redeem Preferred—
11,842
amortization..
After
directors
<
and
subject to
Exchange Commission
As 1945.
$870,883
206
A
-,
March
shares
for
prior thereto
each
common
shares of common stock.
No
If
the
367,100
$75,833
A
of
the present intention of the directors to distribute
stockholders 312,000 shares of common stock on the
additional share for each share of common stock then
effect
the
that
808,393
394,358
preferred
is
intends
286.1R6
936,139
<
company
the
A
and
the
five
by
to
stock
there, would
(no par)
'r
it
of
Arrowood
quarterly dividends of 37 Va
cents
per
share on
the prior
preferred stock, par $25, were also
declared, payable Jan. 2, April 1,
July 1 and Oct. 1,
1946, to holders of record Dec. 15,
1945,
and
authorized,
be-underwritten
dividends
the
the
stock,,
Dec.
1945.
pro-\
the
redemption
9.
to
one
common
two
178,692
291. l-H
V
of
other
one
will
be.
board
general manager there.
operates 30 dairy plants
common
of
ately
1,280,168
190,740
24,153
62,686
33,038
taxes..
of
eliminate
will
with
$3,791,421
1,334,332
16.195
24,314
75,111
,
income
:
103,911
'
Maintenance
$4,005,347
of
eliminate
the
to market
by
each
received
and
company
1945—12 Mos.—''1944
$322,921
115,536
.......
Depreciation
assets
shares
the
of
Co.—Earnings—
$339,239
stock •; is
shares
for
proceeds
will
proceeds
tribution
Federal
the
,
Four
;
1933, and
expenses
-preferred
the
as
Inc.
as
Y.~V.
directors
and
record
;
five, a total of 52,000 shares
subscription., It is proposed that the offering
to ; be
Mr.
be
now
Foremost
Dairies,
N.
common
you
estimated
This
outstanding.
Operating revenues
Operation
to
considering
stock
to
upon
statement.
basis
1945—Month—1944
and
stock
of
purpose
common
shares
of
such
basis
the
well
as
share
submitted
are
the
Vernon D. Niven,
with
The
'' '
1
of
for
the
be
Subsequent
2,380,203
El Paso Electric
the
statement. <*'•"*
and
both
proxy
28,818,115
Period End. Sept. 30—
there
and
Foster Wheeler Corp.—50-Cent Extra Common Div.—
•;
and
.
..
,
•
determined
or
would
the
part:
of
announced.
locality.
Brooklyn,
and
the' Securities
of
stockholders
now
part
to
as
2146.
p.
class
share
date,
proceeds
•
$648,076.
6,157,889"
income..
oper.
162,
26,818,593
750,000
be
also
Charlotte
Foremost
of
to
Chairman
H. Kinnon will continue
with, any exactness. " It is believed, however,
A that the net proceeds will exceed $2,000,000, the amount
being de-^
pendent primarily on market conditions.
514,307
railway.
added
stock
common
'
common
to
offered
proxy
The
•
railway....
from
be
the
offering,
1, 281,109
300,067
be
for
the.company will offer, for a
now
outstanding shares of
the
tentative
common
cannot
:
from
would
>
v
t
From Jan, 1—
Gross
the
in
$3, 020,371
667,261
to
former
was
in
that
identified
meeting of stockholders, proxy and
the special meeting of stockholders
to
and
Co., also of Dallas.
acquisition by the corporation of
states
shares
the
on
Products
C.,
unit
in
President,
6,292
-
with
that
N.
'<
;
.
working capital
acquisition of additions
used
directors,
1945.
Act
-
;
redeem
outstanding.
number
to
•£'<
383,204
Ailchison,
of
held
1
T
share
per
also announced the election to the board of directors
Eddie Rickenbacker, President and General
Manager of East¬
Lines, and R. B. Holland, President of Sun Utility Co. of
Air
The
shares
and
the price at which they will be
will be determined by the board of directors
light of market conditions prevailing shortly before the offerThere are outstanding 260,000 shares of common stock so that
A
$2,930,457
shares
**r"!
!
balance
be
in
special
a
to
additional
■'Outstanding
A*': 1943 -AOA 1942
v
.128,159
income,,.
oper.
.1944
.
five
shares
cents
15
Reinhold
Capt.
Dallas
for subscription will
the amount'being dependent
<
the
to
of
relating
in
date
record
exact
»upon
enforce¬
exchange,
unpaid
additional
J.'.
used^ to
been called for
the
authorized
now
of
a
Mr.
ern
the
-Earnings-
1945
from
Gross
for
and
such
The
:>>>':> ^>av-;A:A.-.:>A>AA-
,r
of.
all
registration
on
6
the
of
offered
..
be
states
board
the
increase
such
in
t--".-,! A",%> ;-aA";:<,AA;■ ■■ a5>-a A T>aaA:;' a>v a-a.A:
The offer, of exchange is proposed to be made with
respect to all
rights -and claims represented by each share of Electric's $7 preferred
Stock
stock
Dec.
offered. for .subscription
requests
its
shares
will
company
further
shares
proposed
:ing.
Electric
court
York
shares
of
been
Dairy
fdr each
Robert'
.
authorized
an
holders
on
ment.
V.
is
one
holders
prescribe.
€hat
New
•
of
.
director."''-
of $2,000,000,
-to»subscribe vto :additional
plan, together with such further,notice with
hearing on the amended plan as the Commission
final
52.009
outstanding,
the Securities
record
exchange for each share
preferred stock of Electric^
each
of
Dec.-6,
on
the
under
in
$6
to
as
^ effective
amend
of
the
stockholders,
excess
the
of
260,000
If
•
:
common
number
of
notice
a
that
of
direct
will
by
proceeds
meeting has
to
increase
.stock
the
plan the
offered
share of
to
of
The
posals
^
of,
Electric.
testimony,^ Electric
the
shard
additional
one
now
statement,
held
be
;'
such amended
to
copy
of
stocks of
of
United
at
proposes
respect
may
>
will
ratios
propose
preferred
submission
preferred stock and each
Electric
a
later
United for
After
(b)
the
will
funds
behalf
proxy
in
introduce
of
the
in
.
subscribe-'to
to
conditions.
of
stock
herewith
A to
Electric,
by
of
rights
total
Aitchison
On
testimony to be presented by, Electric in support of the plan.;- Suchtestimony will set forth the'basic data upon which Electric's board
of
market
held
to ^SO.OOO -in
.
dividend
quarterly dividend of 75 cents per share on the preferred stock,
declared, both payable Jan. 2, to holders of record Dec. 15,
Paul E. Reinhold,
President, announced.
The common dividend com¬
pares with previous quarterly payments faf 10 cents
per share.
-
authorized, it is proposed" that the present stock¬
to
a
be
other purposes including the possible
betterments to plant equipment and facilities.
as
-
Hearing
-written
A
usual
have
•
/tf
determined
.
will
260,000
for
...r;> * *■■■<
basis, for each
preferred stock
by
subsequent amendment to the plan
following procedure: .1
V /
hearing -pursuant to the-Commission's Notice
the
first
for
Order
plan
*
•'
specified
with
the
.evidence
shares
be
will
to
proposes
its
number
the
in
.%*''.••';»<•
Electric
< 1)
,
'
be
that
part
from
offered
letter
general
.
.
The
-
'
stock.
basis
to
preferred
voluntary basis, their holdings of shares of such stock for common
of United Gas Corp.
\
V >
a
stock
be
the
his
A A
corporation has filed with the SEC an application for approval
of a plan designed to afford to. the holders of the $7 preferred stock
and the $6 preferred stock of
corporation the opportunioy to exchange,
on
will
date
upon
\v:-J"-\
a
2270.
p.
stockholders
of
bring net proceeds in
The
r
162,
increase
an
common
increase-is
on
a
in
Corp.-r-Exchange Plan Pro¬
'-Vv-f V.'
posed—
the
holders
;
h
If
-*
estimates
jpow^i*
par.—V.
meeting
company's
American-
2270.
p.
,
.Electric
at
authorize
to
of
Electric
-
be
••'A special
current
Gas
Foremost Dairies Inc.—Increases Dividend—Two New
Directors Elected—Acquires Another Unit—
*
1
own
preferred, company officials stated Nov. 27.
the
srle, witch would amount to around $35,500,000
quotations,- would be applied
toward reduction in Bond
&■ Share's $73,029,600 of
preferred stocks under the second step in a
recapitaliza.,ion plan now before the SEC.; .V .AAa>
-• "-'V■
>
2641
steel
Fansteel Metallurgical Corp., North Chicago, 111.—New
Financing ProposecU-May Split-up Shares—
/ ;
Electric
&
its
Proceeds
at
all
•A
.
;
in American Gas
of
100
of
cost
hopper cars, 70-ton capacity, being built
by Greenville Steel Car Co. at Greenville, Pa.
• '-'■<•.>
/
The notes are to be dated Jan. 1,
1.946, and will mature quarterlyfrom June
1, 1946, to and including March 1, 1956.
The invitations
specified that the bidder shall name the rate of interest and all bids
v
8„
'
^
company may sell
through
change
record
Co.—May Sell American Gas
stock—
Co.
estimated
regular
(the
share
per
holders of
mated
shares
of
common
.
stock
of
Therefore, stockholders otherwise
I.
G,
entitled
Chemie
to
such
are
not
avail¬
fractions
will
paid in cash in lieu thereof at the rate of
paid common stock, and all stockholders
shares of common A stock and
300 shares of
be
HISTORY
such
$90 per share of
Unless
October—
by
his dividend
dividend
to
stock
The
Corp.—Transfer Agent—
General Foods
Y., has_been appointed
York, N.
Manufacturers Trust Co., New
The
stock,-r-V. 162, p. ,Z270,^'-
transfer agent for the common
successor
Corp.—15-Cent on New Stock
The
directors
have declared
an initial quarterly dividend
of 15
cents
a
share en the' new common stock, payable Jan. 2,
1946, to
holders of record Dec. 15.
This dividend follows the 100%. stock divi-.
General Instrument
-
which the outstanding shares were increased
Present cash dividend is equivalent to . 30 >
old common on which quarterly dividends of 25 ,<?ents
paid prior to the splitup.—V. 162, p. 2270.
V\'V '. •
paid on Oct. 15, by
to 488,000.
dend
from-244 000
a
the
oh
cents
share
were
Corp.—New Chevrolet Plantin order to serve the West Coast area with a better supply of cars
and trucks^ the Corporation's Chevrolet Motor Division has purchased
an
industrial site of 100 acres in Van Nuys, Calif,; and within the
near
future will begin the construction of an assembly plant, it was
announced on Nov. 16 by M. E. Coyle, General Mahager of Chevrolet
and Vice-President and director of General Motors Corp.
This is the second General Motors operation to be located in the
Los Angeles area, Mr. Coyle continued.
Jn South Gate,, the corpora¬
tion
began operations in 1936 and the plant there lecently resumed
the production of Chevrolet trucks.
By the first of the year, how¬
ever,
the South Gate plant will be turned over to the production of
passenger cars in the Buick, Oldsmobile and Pontiac lines,
Chevrolet's new plant will consist cf two units: a Chevrolet psfts
warehouse and an assembly plant with connected office building.
While contracts have not yet been let for the construction of the
assembly plant, negotiations are now under way.
The date of- com¬
pletion "will depend in large measure upon the availability of materials
and supplies.
A; A
AA'a;/-.A;
y
General Motors
"
their
Mr.
.Net
Net
Net
194320
directors
on
Nov.
compares
—V.
162,
1
934.
p.
"Earns,
Oct. 7, '44
$5,782,981
$8,396,696
5,130,534
sales
6,278,874
Oper. costs & exps.,
Net
income—./.$602,447
(net)_l_
3,401
oper.
Other
income
for
income
for
Res.
*1,545,228
"544,236
409,805
50,431
incomes
$221,333
$177,389
$352,045
share
$0.52
$0.32
$0.84
net
com.
per
"Includes
for
provision
shares.
Federal
New
subsidiaries
Canadian
the
dollars
S.
U.
Trading
Dividends
ry.
Saint
.v
'
Gross
Minneapolis,
—V.
Shares
offering
are
r,f.
-
Trust
&
and
div,
Oper.
6 Months
$379,564
.
.—V.
"Earnings
Fifth
St., St. Paul,
office
at
':A;.\
COMPLETION OF THIS
V'. v
4'/2%
-
;
-•
preferred shares (cum. and
$20)
was
"Common
shares
"Consisting
of
($20
'
par)'_
-A
_____
of
Parts Co.
' ' :
which 21,750 shares reserved for
'•>
-
50,000 shs.
*
.
.
conversion
par
of
of West
stock
common
.
^Concurrently with this financing the $100
—V.
21,750 shs.
+71,750 shs.
the
preferred shares.
shares
common
were
business
been
CALENDAR
operated
by the
'-J. A.'
YEARS
past
to
90
time
years,
in
and
effect,
a
according
profit
to
has
Company
or
its
the accounting
been
earned
in
$2.r7<l 000
pes 4^0
five
explanations appearing later herin:
Calendar
_
3,800,000
.
Income
4,173
106,974
86,078
4,700,000
108,906
4,500,000
______
5,500,000
225,170
426,302
213,083
6,900,000
676,418
211,999
3,800,000
3by,uu6
liv.uoti
___—.
i
29,545
103,274
564,818
543,708
$94,220
$143,605
37,531
38,157
49,724
51,362
$63,655
$44,495
$92,243
,
8.
This
on
and
26
1944,
June *26, 1345.
payment of 30
a
•
Sept. 26, last,
A
,
cents
per
share
Co.—Earnings—
$58,012
r^_
1945—12 Mos.—1944
$700,957.
$55,298
36,364
36,386
436,211
2,474 0
$660,251
118,510
30,597
109,704
$8,264
$7,654
$113,830
$107,978
1,173
1(248
$3,437
revs.......
•A-
inc.-—net—..
/
$8,903
accruals....
9,420
-
A
2,916
7,356
$115,334
$124,043
v
35,000
45
;
v
10,166 A
2,916
AAA/;43;^.
..
32,355
f "!'. 411,971
8,783
3,963
charges
on
'
-
.
with 20 cents paid
compares
March
1945—Month—1944
revenues
'
..
A A/A;
,.35,000
564.. A;./ :" 528
t
162,
"
share...,
the
further
27
declared
..
/
.
:
;
Split-Up Approved—
27
approved
two-for-one
a
:
of
split-up
],'*
notice
1,
Dec.
on
1945.
Security Rulings of the New York Curb Exchange
the capita! stock be not quoted
"ex", until
distribution of one additional share of said stock
on
ru!ed
23
the
that
share
each
after
Dec.
-AAA
Hercules Powder Co., Inc.—Declared $1 Year-End Div.
v-AV;- ;A'::
A
159,
p.
1554;
have ' declared
V. 158, pi 2252.
..
.
Grqup
Net
•
,
directors
Nov.
on
declared
28
year-end
a
M A-
Hrggins Industries, Inc.—Votes to Liquidate—
stockholders
The
and
all
of
have
its
on
Nov.
subsidiaries
appointed
in
voted to place the company
voluntary liquidation out of Court,
J.
Hi°gins,
9 unanimously
Andrew
The
.becomes
(President)
Sr.
(Secretary) co-liquidators.
announcement added: "l\.e liquidation
Gottesmann
.
and
Morris
-.A-'V
•
,
of the company's affaifs
effective immediately.
liquidators will, if it is
y
.
possible for. them to do so, complete
ill contracts on hand."
A' •: /• :
/•"'• •••'•• A:A;A/'-'-A VvA
On
Nov. 1, Mr.'Higgins closed • three plants at
New Orleans, La.,;
in the midst of a strike by 2,000 American Federation of Labor emplovees.
A;.:
. ,A-- y'A-V
.aAA;
The Subsidiaries involved, said
Mr. Gcttesmann, are the Higgina
Engine
Co.,
located in' ore' of
the "Strike-bound plants, and the
;; Higgins
plasties and aircraft companies.. The latter two, ; at the
.government-owned. Michaud plant at New Orleans, are manufacturing
atomic bomb parts and airborne rescue.boats,, both for the Army,
The Michaud plant had experienced no labor troubles.
"The
.
Securities, Inc.—Nut Assets
year,
As
Fund
the
close
have
Doubled—
of
approximately
1944,
'
Changes Fiscal Year—
in
1945.
this
T V-
"
by
are
himself,
"Absolutely
stockholders'
entirely
Mr.
the
majority
Higgins
and
of
the
company's
Labrot,
S; W.
stock
of New
"about ten minority stockholders," he said.
was
Orleans.;
;
no
opposition" was raised to the liquidation at; the
meeting,. Mr. Gottesmann declared, asserting that "it was
unanimous.'^—V, 157, p. 1459.
.
•
,
.
.
v/
(A.) Hollander & Son, Inc.—Listing of Additional Stk.
..."
'V
-
:
corporation is changing its fiscal year from
a
calendar year basis to one ending Nov.. 30 so as tQ enable it to sup¬
ply shareholders with tax information on each year's dividend payments
before their Jan. 15 tax returns are due. also in order that each quar¬
ter's
dividends (hereafter to be paid in February,- May, August and
November) will be received by shareholders before rather, than after
their quarterly tax payments are due.—V. 162, p. 2271.
Effective
said
Gottesmann
Mr.
/There
doubled since the beginning of this
Kenneth S. Gaston,-President of" the Fund, announced Nov. 9.
of Nov.
7.
1945, according to Mr. Gaston, net assets of the
had a market value of $81,296,959 as compared with $40,750,669
assets
:i
dividend of $1 per
shard, on th? common stock,
payable Dec. 21 to holders of record
Dec.
10.
Distributions of 50 cents each were made on March 24,
June
25 and Sept. 25,
this year.
Total payments in 1244 v/ere also
$2.50 pcf share.—V. 162, p. 2271.
The
*
dividend
a
'.
v
;
and
-
66,Sit
Dec. 1, 1945,, and that said "old" stock will be quoted "ex" such)
/cash distribution of $1 per share on Nov. 23, 1645.—V. 162, p. 2016.
extra
Co.—25-Cent Divide?|^—;
Copper
-
A on
$23.7l<i.0n1 ^21,P17.4"3
t63«.8oi.
419.403
; $1.40
;
$0.92
Payable—
an
v
held, and that all ceitificates for capital stock.de¬
1, 1345, qnl until further notice must be accom¬
panied by, due bills for said distribution.
a/
•
•
y
A
Attention is directed to the fact that a cash distribution of $1 per
-share has been authorized for payment on Dec.
15, 1945, to holders
of the present Void" capital stock of record at the close of business
for
dividend of 10 cents
the regular quarterly dividend of 10 cents ppr share
Nov.
Nov.
on
business
of
clo.e
Nov.
livered
costing
securities
stockholders
The Committee
V./
taxes.....—_w.'
68,796
2148. A
Hazeltine Corp.—Stock
at
A/1
and
$7.9,806
$88,481 A
$5,940
declared
p.
papital stock. There are 157,000 no par shares outstanding. "A
The capital stock will be sub-divided to effect a two-for-one split-up
by the distribution on or about; Dec.
15, 1345, of one addiiional
share of capital stock for each share of capital stock heid of record
.
4,522,678
5,435,345..'
..
$6,474
income
Dividends
—V
2'*.',0r'O00
2!=.9*76.0O0
8
gcg.'
R.RRt .823
6 6°4 p89
Net
Taxes
13.806
—
1944
1945 (6 Mos.)
^les
$3,600,000
405,742
$101,813
416,963.
$65,119
-
at
Approximate Profti Before
1939-
12,546
,$687,314
quarter
res.
Net
•A-
900 0^2
of 25 cent3rt per /share,
psvab'e Dec. 10 to stockholders of record Dec. 3.
Like amounts were
disbursed cn June 11 and Sept, 10, this, year, as compared with 50
rents per share on March 9, 1945,'and in each quarter during 1944.—
from
but
$674 768
$659,039
taxes.
each
Dec.
oper.
interest
453.2«5
Cananea
directors
The
predecessors
all
$647,886
•
$507,555
•
-owned
financial record of the company and its subsidiaries for
ten years is set forth below, is but subject to all notes
v,
1945—12 Mos.—1944
Z
$496,096
*
$482,082
—....
Retire,
v? 502,289
•
The
past
ex¬
*
11,152
during
made.—V. 159, p. 841.
Net
joaq
$2.8°0 000
A
svstems
replace
$27,587
cents
Non-cper.
'.
-
559,624
2516...
p.
to
'
985.
p.
each
Taxes
-
the
years.
has
FOR
162,
Greene
V.
5-for-l,
EARNINGS
'
loag
1
.
21,750 shs.
_
approximately 23,/a %
.
$10,402
.expected
the
Dividends
8.
not
584,968
emergency
are
"■ '"'
11,459
Maintenance
stock,
capital
Dec;
as
8,279
;
Balance
parb&l, ' both payable • Dec. 15 to holders of
were inaugurated on-this is«ue'>ip';.Tune 8,
last, by the pavjble of an initial quarterly paymentr;of/3.<L cents
per share,
which was followed on Sept. 15 by a similar- ditfibutioil.
the
on
and
life
•
$473,803
income..
deductions
Operating
Operation
.
^
tAfter Federal ahd
'f
sheet as at Sept. 30. 1°45, shc'S t"t*:t cn-r^t oSSot<,
including cash on hand and in banks of $2,059,471
and
snare
per
■
Outstanding
conv.
____
charges
on
normal
allowable
which facilities
1945—9 Mos.—1944
.-
income
30
In
Dividend—
Inc. (of Calif.)—Earnings—
common
directors
facilities
of
Revenue Code,
earnings
162,
and
Broadway,
165
poi cqq
Extra Dividend of 10 Cents
The
A "A
To Be
the Internal
revenues...^,
revenues...^.
record
of
$1,116,740 (which, does not.
however, include $1,400,000 of tax anticipation notes).
Tct^l current
liabilities were $2.378,077t making net working cani'M of ?".,r13sn,
As at Sept. 30, 1945, total capital and surplus amounted to $2,582,970.
record
To Be
•
nog
$3,1
30—
$4,729,427,
and U. S. Government
FINANCING
$10,402
-
______
amortization
from
per
631,061
•'•*.>/
present
of
i'-
Authorized
a'AAVA
interest
1C44
4]332|645
hsiaoce
The
-
177
company,
I
Minn.
UPON
of
requirements..—546,675-:
The directors on Nov. 27 declared a quarterly dividend of 30 cents
share on the common stock, par $5, payable Dec. 22 to imlders
A
-
20.R14.000
per
on
$3,503,823 * $2,641,103
Harrisburg Steel Corp.—30-Cent Quarterly Dividend
•v
97Vi
shares p"ts+nnding.
state income taxes amounting to $1,735,413.
"Based
;
$256,247
llanna Co. — Reported to Have Disposed of
Pittsburgh Coke & Chemical Co. Holdings — See that
company below.—V. 162, p. 2016.
on
*
t
4,124,306
after
.
(M. A.)
-'on
2148.
income
43,592>
$309,657
Haverhill Gas Light
trustee,
Co.,
S*les
.Gross
413,452
93,842
^exps. and
Net
■-
-•.
Sept.
975,347
$3,428,989
1,201,338
$1.33
5 •
628,978
income—.
Ended
$2,227,651
v-
in-
...
Net
726.977-
Grayson Shops,
Net
transferred
Fed.
—
Total
Zi.&h
railway^..... ["O.oib.O^O
A/ 6,3fi8,°74
p.
$2,523,476
$3,476,116
-
Hamilton Gas Corp. (<fe Subs.)—Earnings—
;
1,712,248
.
..F-
railway.
162,
Years
^
shares
common
in
Operating
declared a dividend of 75 cents per share
va'ne, p-i'ab'e Dec. 21 tn ho'ri^rs of
with 50 cents - per share paid on
Sept, 13,
this year, and in each quarter
income...
oper.
$212,655
Period End. Oct. 31
1945
from
from
947,640
taxes;
/' Period End. Sept. 30—
^
rMlway_A/;; $3,172 nop
1-—
99,591
4,128.256
$198,109
/Vi
$0.69
7 ''
,.vgA"-.'r 7,
■
*
Jan.
Net
:
AA
-a
are
Paul;
•Minority
and
]
ouarterly
oper.
$312,246
$219*815
--,//T
"Resulting
pt
railwov;
from
From
upon
CAPITALIZATION
.
Net
Net
through Dec, 31, 1949, into one common share for each share of pre¬
ferred; thereafter and through Dec. 31, 1952, into 9/10 of one com¬
mon
share; thereafter and through Dec. .31, 1955, into 8/10 of one
common share.
Transfer agent for preferred shares, First Trust Co./
.the
income
facilities under
20
1944.
lrom
Gross
after
Dr818
$292,963
compares
October—
333,243
payable semiannually on March 15 and Sept. 15.
30-days' notice for other than sinking fund pur¬
poses
at $22.50 per share until Dec. 31, 1949, thereafter and until
Dec. 31, 1952, at $22 per share, thereafter and until Dec. 31, 1955,
at $21.50 per share, and thereafter at $21 per share;
in each case,
-plus dividends.
Redeemable for sinking fund on 30-days notice at
$21.50 per share until Dec. 31, 1955, and thereafter at $21 per share;
in each case, plus dividends, '
Convertible at the option of the holder
The
15
June
1,228,395
AS
Grand Trunk Western RR.- -Earnings—
$0.59
•
This offering is confined to residents
(par $20).
Redeemable
time
Pfd.
*
„
Dec.
Ba"k
no
This
1,336.917
$315,308
$3,511,610'" $3,437,338
Dr3,061 ).f-, Dr3bA°4
Dr8,349
77,147
Balance
dividend of $1.25 per ch"r« an the $5 cumu¬
lative preferred stock, no par va'ue. was a'"o declared; payable Dec. 31
to holders of record Dec. 17.—V. 162, p. 1169'.
■
V
"
\
$318,554
Minneapolis—Preferred
Co.,
of the state of Minnesota.
for
21.
usual
The
Net
stock
•split
rtork,
7.
110,576
114,495
amortiz..
come:.
812,643
3 Months
161, p. 2660.
Nov.
on
common
Dec.
March
$21 per share and dividend $435,000 5y*% preferred
tOf
thrnush
Chemical
N. Y.—V.
193,810
3,864,329
•
Jan. 1? 1945, at
fund d-'bentnr.es d"e
operation of the sinking fund.. Payment will
the
at
193,810
4,148,871
(net)—-
____________
."Reduction
■
,
consolidated,
'v'-A,'
•-'-I---1
Offered—Kalman & Co., Inc.,
Motor
'
:
directors
the
during
at
AAA\:
General
par
1956,
Ycrk,
The
on
-
into
'p. 672.
5'A%
and
Net
r
,
(B. F.) Goodrich Co.—Larger Common
appropriate
rates
of exchange,
amounted to approximately 6.1% of the total net consolidated income
for the 1945 period as against 2.1% in 1944 and 9% in 1943.—V. 162,
West
Int.
16,151
396,725
5293,761
revs._.
166,269
964,383
has caUed for redemption
interest, $320,000 of 3%% sinking
and
made
he
•
translation
of
;■
corporation
-1.
Nov.
'/A
fOn
taxes.
.profits
excess
-
income, of
NOTE—Net
at
income
Ealance
Non-operating
."A
6.227,488
3,066,696
.
dividends. *
v-.v'V .|t.
'1.02.8%
"59,830
;
Other
Goodall-Sanfofd, Inc.—Partial Redemption'—•;;
AA-AAA.' A;/'A''' A
$946,762
$378,383
AA//;A:'//'.A-A;'
78,958
_______
taxes
operating
Net
927,565
1,504,237
..
16,151
./:
Other
942,486
.1,537,969
304,012
-
/
.
.
69,194
126,883
(excl.
reduction)
The
tEarns.
i
A,./
247.
P.
$2,132,423
"'305,557
taxes
adjustments._
acquis,
1945—12 Mos.—1944
$1,537,525 $18,232,107 $16,990,285
6,o6o,<i43
5,834,611
1/02,689
plant
01
Fed. income taxes
par
record
of
holders
;
AAAAA ■/'AA
contingencies-
-
Amortization
»
.
Z/'-
1945—
stock,
preferred
to
4,447,372
128 600
$100.
was
also decl°rert. payable
15.
An initial distribution of.'
96/4 cents per share was made on this issue on Sent. 25, last, which
covered
the period from July
13, 1945, to Sept. 30, 1945.—V. 162,
5,386
Can.'
&
Maintenance
268,567
with
29
10,291,279
4,155,812
Month—1944
lpas
$1,443, 751
Depreciation'
per
Dec.
12,103,009
3,204,240
504 0/1
82, 642
similar
A
cumulative
;
$372,997
Z>r3,876
$605,848
taxes—___
Fed.
Consol.
-
$950,638
14,600
».
Sept. 30—
revenues....
Operation
$528 257
•
55 cents on June 20, 1945.
Total for 1°45 will be
share, as against 60 cents per share in 1944.
usual quarterly dividend of $1.12'/2 per share on
the
pared
.cents
4,502,756
.
$2,117,822
•
bef.
inc.
net
income
Prov.
A
common
5.
record
Consol.
;
the
Dec.
Oct. 10. '42
$4,875,753
$6,546*713
5,596,076
Operating
have .declared a dividend of 21XU cn+s per share
stock, par $10, payable Dec. 20 to holders of record
distribution v/as made on Sept.. 20. last, as com¬
directors
The
on
17 Wks. End.
Oct. 9, '43
Oct. 6, '45
Period End.—
Net
586,241
,
preferred
for
10,023,816
./• 1942
$540,519
203,832
Pay 211/4-Cent Common Dividend—
To
(& Subs.)—Earnings
16 Weeks Ended-
660,599
charges..
all
after
allowance
TThe
General Time Instruments Corp.
5,506,059 ,;,'
2,011,673 !i:
share on 260,000 common shares—
per
650,743
26,299,7ltf
:
to be
employed throughout their
isting facilities.—V. 162, p. 2016.
-'
'*
5,623,223
/
Ended Sept. 30,
"After
7
,
'
•
70,621
"
2,172,392 \!;
2148.
p.
income
Net
Dec. 5.
June 26
payments were made:
and Dec. 27, 20 cents.
Sept. 27, this year.
In 1'944, the following
March 29, June 27 and Sept. 27, 30 cents each;
and
*
„
65,451,
«
income...
oper.
420,497
31,619,640
Gulf States Utilities Co.—Earnings-
Interest
cents per share
declared, a dividend of 40
23
*
,
f
-
1943
1944
7] ,313
railway.—
162, p. *2148.' V
Gerber Products Co.—Earnings—
obtaining
Dividend-—
*
<
•
$519,840
I 185,670
1—
railway
162,
Period
stock, payable Dec. 27 to holders of record
with 20 cents per share paid on March 29,
capital
the
This
ry.
The
The
on
from
—V.
of work stoppages on account of strikes, General
to date only 17,000 automobiles, or fewer than
the company expected to produce in September.
A continuation of material and parts shortages due to labor trouble
in
suppliers'
plants will* effectively prevent General Motors from
reaching even
1941 production levels in 1946, Mr. Wilson said.—
V. 162, p. 2516."
General Refractories Co.—40-Cent
value.,
par
2'j«i,774
incomer./
Jan.
from
Gross
produced
has
at
1945
railway
oper
ry.
From
398,435
31,418,715
not
are
$549,756
railway...!.-
from
from
Net
and bepnuse
material
Motors
part,
holdings
October—
Gross
$3,423,996
1,431,197
.
the most
stock
common
,V
1942
$3,021,622
1,057,612
916,757
railway.,—
Period End
$413,250
for
1943
1944
$3,228,891
,
i-A."
Jan.
from
.". "Deficit.—V.
in
Georgia Southern & Florida Ry.—Earnings—
out.
available until late in 1946, Mr. Wilson pointed
Wilson
also revealed
that because of difficulty in
who,
persons
RR.- -Earnings-
1945
railway.—
32,427,029
Net from railway.—__
9,905,082
Net ry; oper. income—,
3,021,463
actively • interested in the
business, having acquired their holdings by inheritance from persons'
formerly active in the business.
Such stockholders have giveh options
to the company expiring Oct. 31,
1945, to purchase that amount of
by
present capacity, General Motors will be unable to produce
more
cars
in 1946 than it produced in 1941, even working as much
or
more
overtime as in 1941, C. E, Wilson, President, revealed on
Nov. 14.
Overtime scheduled in car ana body plants in 1941 amounted
to an average of more than five hours per week.
V :
v
Increased capacity to
be obtained by construction of new plants
not be
From
the
companies
other
from
Gross
proceeds resulting from sale Of the 514%
preferred shares w'll be used by the company to repurchase at par
and cancel $412,500 par value of its present common stock how held
With
will
and
acquire
to
company
companies
PURPOSE—The
in 1941—
May Not Total That
1946 Production
holding
a
,
'
v
as
mentioned
V
.
Net
stocks, of the tw^o afore¬
a S'milar line of busi¬
ness,
Company has perpetual
corporate -exister.ee,■ A In
1937 and
1938, Nicols, Dean & Gregg and Minneapolis Iron Store Co; became
inactive corporations, and the businesses co.it'nu .a to be Operated as
divisions of General Trading Co.
Company is new both an operating
and holding company,,'owning about 71I/2%
of tve West Motor. Parts
Co., all the preferred stock of Empire Suonly Co.. and 103%. of the
following subsidiaries;, Minot Supply Co., Grand Forks Supply Corp.,
Cave Supply Co.;' Aberdeen Supply Co., Clemens Auto Supply Co., La
Crosse Auto Supply Co. and Berg Suoply foj ' A-Aa^-A; ■
AAA'
Originally, the company was a wholes*ier of rteel and heavy hard¬
ware consisting of parts and supples 'ot
a m implements, bla"ksmith
shops/and machine shops-firms.
With t*c development of the auto¬
mobile, accessories, parts, tools, and s t-n.les for automobile distributors
and parages
were handled.
In add t on to the above,' the company
now
acts as a
d'stributpr of too's, parts and supplies for companies
in
the
transportat'on industry-,
such as railroads and airlines; and
also for certain large industrial firms with machine shops. :; Company
also acts as manufacturer's agent on certain items used by such com¬
panies.
'
.
^
' ! ,
1928
The
Exchange.
Ohio
&
,
$2,967,240
from railway.—334,260
ry. oper. income—'A
::,55,197
Net
.
1888.
The name became Nicols, Dean & Gregg in 1901.
In 1906, two
corporations were formed
to
operate the business, Nicols,
Dean &
Gregg and The Minneapolis Iron Store Co. '. These two corporations
operated separately, although their respective' stock ownership was
identical."
The
present company was incorporated, in Minnesota
in.
corporation has received cable advice that on
Nov.
10, 1945 the quotations for the fully paid common stock were
365 Swiss francs bid and 36S Swiss francs asked.—V. 162, p. 1169.
, %
Stock
Minneapolis
....
dividend in full in cash.
the close of business on Dec. 17, 1945 the stockholder
Treasurer of the corporation that he desires to
receive
in stock of I. G. Chemie, the corporation will pay the lull
which he is entitled in cash.
<
of I. G, Chemie is traded on the Zurich, Switzerland,
the
advises
Mobile
Gulf
was^orlglnally: founded in
•
Gross
their
receive
business
BUSINESS—The
AND
holding less than 30.
common B stock will-
fully
Monday, December 3, 1943
FINANCIAL CHRONICLE
THE COMMERCIAL &
2642
The
York Stock Exchange has authorized the' listing .of .10,485
of capital stock (par $5) on official notice of issu¬
connection with the payment of,a stock dividend, payable
17,
to
holders of record Dec. 5, making the total amount
New
•additional shares
ance
Dec.
in
.hereby applied for,
With
from
.and
to
237,060 shares.
•- ••
each share so issued, there will
account to capital stock account
capital surplus account the sum of $15,
The
respect, to
earned
surplus
•
"V
be transferred
the sum of $5;
totai credit to
A A,;
Jan.
1945,
1,
and Oct. 22,
1945.—V.
162,
(Henry) Holt & Co., Inc.—Time Extended—
in
ness
interest in
fractional
a
void.—V.
be
a
161, p. 1095.
$106,754
$1,339,026
28,129
$1,840,646
18,524
$197,259
175,365
$1,367,154
1,167,874
$1,859,170
1,622,716
$8,190
Operating expenses
$194,727
2,532
$109,084
100,894
Gross earnings
$21,894
$199,280
$236,454
of
Other
!'
from
rev:
transp.
2,331
revenue
Total
revenue
_______
^Deductions, taxes, etc.—
Net revenues
.
—V.
162,
_______
»
paid assets (unexpired insurance), $14,421; fixed assets (net), $245,136;
post-war refund, $117,895; miscellaneous other assets, $1,929; un¬
amortized debt discount and expense, $75,757; total, $3,431,892.
LIABILITIES—Acoounts
payable and accrued expenses, $182,524;
.employees' deposits and withholding taxes, $4,374; deferred liabilities
on patent purchased
(portion due within one* year), $5,800; accrued
commissions payable, . $56,170r taxes
(State and local), $24,367;. estif
mated Federal taxes (after deducting U, S. tax notes totaling $275,000);
$679,452.; other liabilities, $15,655; 12-year 5% convertible sinking fund
debentures,
$1,000,000;
capital
stock
($1
par),* $275,000;
paid-in
surplus, $177,500; earned surplus, $747,333; net profit 9 months to
Aug. 31, 1945, $266,717; total, $3,434,892.—V. 162, p. 986.
its
...
.
served are Lafayr
■
,
owns toll lines which provide toll service between various
exchanges,-and, in some cases, between its exchanges and
Company
/;
of
The largest cities
Porte, Connersville, Goshen, Valparaiso,
La
own
exchanges of other telephone companies.
Toll service to other points
and
out
of
Indiana is
provided through toll connections with
,
in
Houston Oil Co. of Texas—Pays Dividend
•'
'The
of
directors
Nov.
on
declared
27
a
regular semi-annual dividend
(75 cents per share) for the six months ending Dec. 31, 1945;
6% preferred stock, par $25, and a dividend of $1.50 per share
full settlement of the accumulated and unpaid dividends on said
both payable Dec. 21,
ipreferred stock,
7,
1945.
to holders of record
1945
distribution of $2.25 per share
162,p.2393.
A
#
V"
the
of
All
Dec.
income
•
AA
Period—
and
119,598
amortiz—
130,337
89,500
283,111
taxes--
180,436
: ■- ;
180,556
169,432
prof, tax (net)
137,998
•
179,481
190,931
1945—Month—1944
income
Fed. exc.
Oper.
and
exps.
$1,901,257
$212,351
$1,866,275
$1,992,601
133,577
1,331.469
> 101,240
62,235
280,547
55,788
258,820
168,831
118,710
164,558
33,999
32,192
195,498
187,179
28,949
deducts-
134,047
135,872
128,715
etc.,
$277,011
$315,085
U.
;
:
5,769,327
Net
,
$200,754
$257,795
Income
8,242
91,344
;
28,089
income
Income
Interest
charges
on
adjustment
income bonds
;
$208,996
133,137
Funded Debt—
93,516
100,150
963,216
1,001,500
$17,657
$21,376
$428,410
$356,105
,
_.
Deficit
—V.
—
Fh'st
162,
2271.
p.
Hunt Foods, Inc.—Further Expansion—
stockholders
The
Nov.
ratified
19
the
the
West.
includes
California
Conserving
'AA'-.Y "AA-A;yaaA'
'■v1
^plants.
This
Co.'s
4 Earnings
•'After charges and
,
.
taxes,
Nov.
-
,
UNDERWRITERS—The
-12 "Months Ended Sept. 30—
before
1945
Name'
for
Reserve
renegotiation of
387,345
;;*;:yy
.Earnings per share.
—-V. 162, p. 1513.
s
750
:
20
5
5"^
———.
Higginson
Corp._—_—
The Wisconsin Co._
—V,
162, p. 2393.
3
Edward D. JoneB & Co
■•*
;
2
McCourtney-Breckenridge &
Co. ___^_
Smith, Moore &
,
President of International
the agreement said:
Paper
on
has
Co.
been
that
advised
it
has
liability
no
now
found
it necessary
its
the
interests
of
shareholders.
this agreement,
practical problem and to free
a
International
Co.—To Refund 3% % Bonds^Nov. 9 called all its $22,650,000 first
general mortgage bonds, 3%% series due 1956,
fgr payment on Dec. 10,1945, at 103 and accrued interest.
Funds for this purpose have been obtained from 2%
bank loans aggregating $22,650,000 from The Chase Na¬
tional Bank, Bankers Trust Company, and The First
National Bank of Boston, payable in equal semi-annual
company
installments
2
Co.
R. M. Mayerstein Co
5
Paper
meant
The
3
Co.
.
Paper
on
lien and
3
&
Boston,
.
>
3
Stix
5
in
Court
New
International Paper Co. has sought to dispose
its management for the post-war
job of producing much needed paper, board, pulp and other products."
—V. 162, p. 2016.
'
.'3
Laurence M. Marks & Co._
The Milwaukee Co._
^___
10
_
3
.
Co.
&
the
to these suits.
It is the position of the company, how¬
they constitute an obstacle to operations sufficiently im¬
to justify it in making a settlement.
The management in
"By
of
centage
!____
Co
by
that
examine
to
Per-
&
has filed in the
approval
programs closely in the light of this litigation.
This
diverting executive
energy
and time
from productive
activity and has necessitated delaying some decisions as a safeguard
.
McCormick
District
S.
of
portant
making its post-war plans has for some time
to
preferred stock which
/
■ ■, ;;.r•
•
}
Kebbon,
asking
respect
ever,
principal underwriters
William Blair
v
G. H: Walker & Co.———5
'
$0.71
with
has
several
new
petition
a
out of two
"International
of
follows:
grew
company
John H. Hirim^an,
Co., in Commenting
Chicago, to be dated
Name Bacon, Whipple & Co
20
______________—
Corp.
"
$271,376
$0.42
of
Co.
,
'Indianapolis Bond and Share
Lee
$210,672
—
the
and
as
centage
&
Central Republic Co. (Inc.)
280,709
2,250
contracts-—
war
i
income
Net
Jackson
gett, Inc.__—
——
Mitchum," Tully & Co._____
$552,835
'
-
•
Curtis
1944
$600,267.
of
bonds
Stone & Webster and Blod-
:
•
taxes—
names
of new
to purchase are
agreed
Paine,* Webber,
.
profit
percentage
has
Per•••'
;
,
the
and
:
i.Reserves for Federal taxes and conting._______
Trust
1945.
At present the number of shares of preferred-stock
is 40,000 shares, of which 30,000 shares are designated as
13,
each
^'^'Huyler's—Earnings— ,.•* a:;'/--*aa
ANet
:
agreement with Con-
an
preferred stock, of which 17,104 shares will be designated as $2
preferred stock.
There will then remain an aggregate of 32,896 shares
of undesignated preferred stock.
■V.:"';/
■■■
tlncludes Cleveland Globe Stamping divi¬
acquisition thereof.
sion operations from
July 1, 1944, the date of
~tOn .1,995,016 common shares—V. 161,. p. 2261,
National Bank and
of
Upon such redemption the company proposes to redesignate the entire
30,000 authorized shares of $5 cumulative preferred stock as shares
of $2 preferred stock and
to authorize 40,000' additional shares of
\
1945
1944
$978,000 V f$360,59$'
$0.49
" $0.18
—
:
$5 cumulative preferred stock and
10,000 shares are undesignated.
'Simultaneously with. the delivery of, and the payment for, the sub-;
scription receipt for the $2 preferred stock, the company proposes
irrevocably to authorize the transfer agent to call for redemption on
Dec.
14, 1945, all of its outstanding $5 cumulative preferred stock.
,
Sept. 30—
share________________
per
,
.
the U.
The suit
authorized
:v--;r"?--.>'
'♦Net income
A
•'
with and under the terms
Illinois
tinental
.
six
IIupp Motor Car Co.—Earnings—•
such issuance:
accordance
in
♦
.
9 Months Ended
of
tThe board of directors has authorized the issue and delivery of sub¬
scription receipts far 47,104 shares of $2 preferred stock, to be issued
.
'
aggregate principal amount of bonds that may be issued under
is unlimited except that the indenture contains certain
and
restrictions
regarding the purposes for which, and
conditions under which, additional bonds may be issued and the
the
Boston
in
.
70,000 shs.
indenture
-manner
Under the merger, California Conserving Co. stockholders may ex¬
change each share of their common stock for two shares of; Hunt
•common and two shares of Hunt preference stock.
Each firm has large plants in Hayward, Calif.
It is now the man¬
agement's intention to consolidate these two plants into one operation.
.As a result, this combined unit will become one of the largest food
.processing plants in the country—V. 162, p. 1769,.
j
47,104 shs.
t
160,000 shs.
conditions
.
of
'
$3,800,000
t
/
■
The
the
merger
«fcion of California Conserving Co.,
"West's oldest food processors.
^areas
Outstanding
•Unlimited
due' 1975
preferred stock
;
with this corporaInc. (Nev.), thus uniting two of the
AA
aa:a
i
M. E. Wangenheira, who has served as President of California Con■serving Co., is to become President of Hunt Poods, Inc., and Fred¬
erick R.; Weisman, who has been President of Hunt Poods, becomes
Executive Vice-President of the ' enlarged firm.;
Norton Simon will
•continue as Chairman of the board.
*
A-A-. V' -A
i Hunt
Poods now will have 15 plants located in key-agricultural
on
FINANCING
PRESENT
Authorized
(no par)
:—
Undesignated preferred stockCommon stock (no par) _________—__
v.;
„
series
TO
Court
transactions; (1) the sale in 1929 to the
England Power Association stock valued at
$62,000,000 by the paper company; (2) the-sale in 1932 of water
power by International Paper to the electric company for. $31,700,000.
International Paper Co. will make the $10,000,000 cash payment
by Dec. 31, 1945, it was stated, provided that prior to Dec. 29, 1945,
the Commissioner of Internal Revenue rules that the payment will
constitute a sum allowable to It as a deduction from gross income in
computation of its Federal income and excess profits tax for the
calendar year 1945.
In his
petition, Mr. Brickley said: "Your petitioner after * careful
consideration of the advisability of making the settlement provided
in said agreement, is satisfied that it is for the best interest of the
estate that the said agreement should be approved."
Mr. Brlckley asks
that the Court enjoin holders of securities of
International Hydro and creditors
of the, System from, prosecuting
any claim or demand against International Paper Co. and that the
Court
authorize Brickley as trustee to execute a release to International Paper Co.. in accordance with the terms of the settlement.
•
bonds:
mortgage
3%
$2
EFFECT
;
Asks
agreement
an
electric
;
GIVING
CAPITALIZATION
1,347,206
v.
of
17 at
Dec.
v
the $3,400,000 first mortgage
on
1975, will amount to $102,000 and the annual ;
on the $2 preferred stock will be $94,208, an
series due
requirements
dividend
v
'
annual interest charges
2%
aggregate of $ 196,208,
''
Gross
NOTE—The
bonds,
System—Trustee
Hydro-Electric
reached for settlement of the $96,000,000 suit
•brought by him against Iaternational Paper Co.
The settlement
provides that the paper company pay $10,000,000 in cash to the estatfe
of International Hydro, and purchase from Hudson River Power Corp.,
a
subsidiary of Hydro, at par $3,000,000 second mortgage 4% bonds,
maturing July 1, 1962.
Federal
Judge Ford has ordered a hearing on the petition oji
■
v
-
Operating income !
.Non-operating income._
Rights—1•
the capital
dealings in the
that
ruled
Brlckley, trustee for the System,
A.
District
,S.
court
$294,401
,
27
28, at which time
V. 162, p. 2516.'
to
Bartholomew
,•
120,032
197,454
deduc.
authorized.—See
were
Nov.
on
Approve Settlement of Litigation—International Paper Would Pay $10,000,000 Cash and Buy Sub¬
sidiary's Bonds—
*
103,006
106,339
Court
$7,670,584
$203,708
$1,777,760
8,643 '
88,515
114,209
■
(net)-
taxes
inc.
Interest,
$7,748,630
5,970,869
600,756.
579,378
taxes-
1945—10 Mos.—1944
$804,464
$780,132
revenue
oper.
expenses
oper.
Federal
Period End. Oct. 31—
; 335,816
131,598
97,075
290,328
-
A
salaries
and
Misc.
359,485
143,488
r_^___
office
Deprec.
Other
318,127
370,380
also
International
$2,067,503
318,212
$2,265,800
be
rights
■v
Years Ended Dec. 311943
1942
39?r504
expenses—
Other
v£V":V«*'
1944
$2,386,473
446,808
General
Hudson & Manhattan RR.—Earnings—
;
.
$2,467,620
York Curb Exchange
quoted ex-rights on Nov.
New
stock
,-y.a
416,594
*"
Gross
12 Mos. End.
Sept. 30, '45
•
,
oper.
Commercial
due
1283.
.i'vVr...;. v'-V's.:yC't'v.'
Insurance Co. of North America—Ruling on
The
V
Traffic
.
debentures
and
SUMMARY OF EARNINGS ;•
v-'.
revenues™
Maintenance
outstanding five-year convertible
p.
1
>
V
May 1, 1946, have been called for redemption on Nov. 26, 1945, at 110
.and interest.
Payment will be made at t'ne Metropolitan Trust Co.,
3.1 So. LaSalle St., Chicago, 111.
The conversion privilege
will expire on the date set for redemp¬
tion,—V. 162,-
*.aa.—
Total
Howard Aircraft Corp.—Calls Debentures—
Telephone
*
issue
this
made on
was
American
necting companies, -v.:11
aaa
June 30, last,—V.
«>n
Telephone Co.,
Telegraph Co,
and certain other telephone companies.
Such toll service is provided
under operating agreements or interchange contracts with these con¬
the
in
Bell'
Indiana
2%
on
Accruals—
,
.
,
ette, Elkhart, Logansport,
.Wabash and -Greencastle.
2271.
p.
CONSOLIDATED BALANCE SHEET AT AUG. 31, 1945
ASSETS—Cash, $1,189,488; demand deposits, $3,425; accounts re*
(after reserve for bad debts of $43,716), $431,105;
notes
receivable, $4,000;
merchandise inventories,
$433,588;
U. S.
Government
bonds and notes,
$211,826; marketable stocks at cost
(subsequently sold for net profit after taxes of $138,071), $678,834;
other investments (cash surrender value life insurance), $27,485; pre¬
5,
in; the. State of Indiana.
ritories
be^n" received nor
not
eeivable—trade
.TERRITORY—Company Was .incorporated in In¬
1930. ; Is engaged in the: business of providing, without
competition, telephone service to 32 communities and- surrounding ter¬
AND
BUSINESS
confirmations had
'
,
diana Feb.
nonrecurring net profit'
per share,
realized on
in the May 31, 1945,
these were sold at tho
a
effected
until
after Aug. 31.
Therefore this profit wljl
included in the profit of the fourth quarter instead of the third.
be
$76,874
v,
Net
Is
deliveries
will be used;, together with other funds In the amount
to redeem on Dec. 14,
1945, at $110 per share, plus
dividends from Nov. 1, 1945 to the redemption date, all the outstanding
shares of the company's $5. cumulative preferred stock.
;
1945—9 Mos.—1944 '
$4,431,296 $4,758,979
3,092,270 ., 2,918,332
of the third quarter,
end
,
of
!($2,291,610}
1945—Month—1944
$461,583 $525,380
.354,829
' 338^653
Sept. 30—
above
taxes
of $138,071, equal to 50 cents
liquidation of marketable securities carried
balance sheet (at cost) at $678,834.
While
sale of the new bonds
from the
the
in
equal to 12 cents per share,
after
interest $3,400,000 first mortgage bonds, series A, 3Va'/c, due
Feb.
1, 1970, being all of the Old Bonds now outstanding except
$400,000 in principal amount thereof now held by the company as
an investment of
its depreciation fund.
..
Proceeds -to be received from the sale of the new preferred stock
;fi Honolulu Rapid Transit Co., Ltd.^ Period End.
received
be
reflected
NOTE—Not
,
be-Used, together with other funds of the company
$218,544, to redeem on Dec. 14, 1945 at 107 Vi
will
amount
the
marketable securities
and
assets
plus
income debenture (subordinated)
25-year 5%
to
PURPOSE—proceeds
($3*480,750)
The -company has extended from Nov. 1, 1945,' to the close of busi¬
on Dec.
31, 1946, the time when scx*ip certificates representing a
fraction of a share of common stock and scrip certificates representing
vf
.shall
Mitchum, Tully & Co.
first mortgage-bonds, 3%
570.
p.
profit on sale of capital
after estimated taxes represents nonrecurring
on Nov, 13 offered $3,400,000
series due 1975, at 103% and
interest and 47,104 shares of $2 preferred stock (no par)
at $50 per share, plus dividend.
and
capital stock account will be $52,425 and the total, credit to capital
surplus account will be $157,275. The value of said shares of stock
lias been fixed at $20 per share, based on the average market value
between
2645
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4443
,Volume 162
;2
over
a
period.-
10 year
To Pay $10,000,000 cash to International Hydro-Elec¬
to settle
suit.
See International Hydro-Electric
1
tric
,
System above.Illinois Central RR.—Earnings of
System—
1945—Month—1944 A
:
Indiana Harbor Belt
1945—10 Mos.—1944 'A
revenues—
17.866,606
ARy. oper, exps. —;
Ry. tax accruals..™.
13,539,036
."Ry.
oper.
.
rents
Net
100,890
394,773
2,645,917
inc—^_
1,515,432
2,042,757
23,043,720
oper.
income
•Other
—
108,313
—
"
deductions
iMiscell.
2,711,248
3,590
;
123,787
■
3,447
Income
'
available
*Nefc income
:
Railway
1,620,155
1,002,512
; 617,643
________
2,163,097
1,055,348
Net
47,887
1,107,749
24,189,598
10,193,757
Other
$316,613
69,718
120,321
tax
accrualsand
joint
rents
allow.
881,526
'•**;..•
•;
871,408
'
ry.
$71,695
oper." income ;
income
•
'•
$419,132
32,224
Total
•:
■
p.
Total
income
$135,072
$74,731
___—,
15,304,963
Net
'■
deducts.
fixed
Total
3,164
41,655
charges-
income
$29,912
—
32,576
Outward
420,029
$4,884
$89,088
33 065
413,896
$133,261
livery
Indian Motocyele Co.—New President and Two New
Directors Elected—To Increase Capitalization—Expan¬
The
elected
*
Dr.
Rogers
President
B.
Zeitlin
and
He
and
will
Gen¬
,
.
Howard
the
the number of
stockholders
stock
And
in
of
to
approve
authorised
a
proposal
this-company-in-exchange
approximately
99 %
of
the
for
common
common
to
issue
shares
shares
and
of
to
all
Before
the
-
Lawn*
■
.
the Ideal Power Dawn Mower Co., of Lansing,
the largest manufacturers of power lawn mowers
and is one of the oldest companies ^engaged in that* line of business.
The Torque Manufacturing
Co., of Plainville, Conn., has recently
of
Associated
a
dividend
of
25
oents
per
share,
.
.
'
Quarterly Statement—
directors ?on tNov.
15 declared
an
RESULTS FOR THREE AND NINE MONTHS ENDED AUG.
;
31, 1945
-
*3 Months
t9 Months
$1,296,268
282,413
$3,803,103
94,963
266,717
$0.34
$0.97
-
•developed new and improved motorcycle designs.—See V. 162,
Indiana
declared
initial quarterly dividend of
12*4 -cente per share on the capital stock, payable Jan. 7, '1946, to
holders of-: record Dec. 17, 1945.
-The
war,
one
have
Dividend—Issues
stock
Co,, and for all of the issued and outstanding stock' of Torque
Manufacturing Co.
•
Mich., was
Telephone
p.
2016.
Corp,—Securities Of¬
fered—An underwriting group headed toy
Paine, Web¬
ber, Jackson & Curtis j Stone & Webster and Blodget, Inc.,
36,642,191
37,021,605 108,803,604 105,785,231
11,384,353
9,975,062
3,583,915
4,005,042.
.Net.: sales
tNet
Net
—_
before Federal1 taxes
after, estimated
Earnings "per; 'share..
-
—__
taxes—_______—_________
i—.—
•$16,759 of the above net before taxes and
taxes
848,717
$12,569 after estimated
represents nonrecurring profit on the sales of capital assets
and marketable securities,
equal to 4 cents per share.
tBut after
Pennsylvania taxes.. t$4^,198 of the net before taxes and $32,398
&
999,349
3,004,021
2,955,947
5,260,506
5,400,643
1,742,706"
1,760,900
602,405
15,404,495
5,127,693
1,787,804
15,941,586
5,116,337
1,851,520
132,998
8,392,644
157,517
8,935,710
793,007
1,713
16,464,528
5,138
17,521,497
1,002,163
972,438 '
______
freight
de¬
v
594,656
'
of debt discount
1
——
44,324
_______—
2,845,588
_____________
276,515
52,489
2,977,155
232,202
Div. on pfd. stk. of sub.
U. S. Fed. & State taxes
4,358~012
1,713
5,409,005
and
expense
Depreciation
Can.
& other for.
taxes
post-war
Canadian
1,045,002
686,565
434,414
2,218,136
Cr46,038
Cr298,705
Cr46,038
$2,792,587
982,181
$2,501,496
$8,694,401
387,119
2,472,925
$7,878,070
1,329,444
$1,810,405
$0.36
$2,114,377 »$6,221,476
$0.52
$1.51
ex¬
profits tax_i____
cess
Cr153,146
*
'
Balance
; fEarns. of
ask
Mower
_
directors
common
of the-preferred
stock of Ideal Power
60,931,253 181,"910,692 177,766,344
expenses
:: Depletion
;
Internationai ^ Furniture Co., Chicago—^Declares Initial
-
-
increase
p. 2149.
Dec. 24 to stockholders of record Dec. 7.
A like amount was
paid on March 26, June 25 and Sept. 24, last, and in each quarter
during 1044.—V. 162, p. 2393.
/
'■
Haug were elected to the
Aboard of directors to succeed Herbert duPont and Rowland Burnstan.
In addition, the directors decided to recommend to the stockholders
an
______
—
payable
assume
i:
included
Inspiration Consolidated Copper Co.—25-Cent Div.—
The
as
the company announced on Nov. 28.
management ©f the company immediately. .
Alexander
ill,December, 1945, accounts.—V. 162,
>
Ralph B.
Manager*
active
r
have
directors
59,564,501 177,532,195 173,995,224
1,366,751
4,378,497
3,771,120
ma¬
Sell., gen. & adm. exps.
f. Interest
NOTE—No charges have been included in the October, 1945, accounts
amortization of defense projects.
Unamortized balance, Sept. 30,
to be terminated on basis of. shortened period, will be
taxes)
come
$586,355
$451,356
3,469
42,515 A
,
for
1945,
eral
59,100,941
1,325,479
and repairs-
Maint.
-
labor,
etc.
terials,
43,191
'
Miscel.
2516.
sion Also Announced—
income
,
Amort,
"V162,
(net)____
Cost of sales:
$543,164
3,018
-1944
■
'
•
906,562
$132,054
3,036
__—;
$
60,426,419
discts.—.—
&
income
1945-—9 Mos:
■
rets.,
less
sales,
Other
$2,§31^252
$2,066,640
776,100
64,238 V
111,123
—
Gross
:
Taxes (other than in¬
'
26,027,035
10,722,072
13,995,841
$252,536
$1,358,026 $13,680,302 $13,633,692
1,041,413
11,613,662
11,302,440
income account
1945—3 Mos.- -1944
Period End. Sept. 30—
Pulpwood,
:
charges
charges ______—
from ry. oper.
Equipment
24,998,312
1,076,610
for
fixed
expenses——
rev.
facility
1,192,411
46,533
-
Net
consolidated
);T
T 1945—10 Mos.—1944
$1,336,229
1,083,693
revenues
oper.
Ry. oper.
3,887,358
■
Fixed
Railway
22,105,598 204,920,059 216,495,467
14,600,149 138,632,202 139,300,048
5,067,919
40,598,220
48,309,749
Dr.)__—
(net
ry,
Period End. Oct. 31—
•'
Period End. Oct. 31—
RR.—Earnings—
1945—Month—-1944
Net
foreign sub._
profit
tEarns,
per
com.
share
$6,548,627
$1.68
profit of
$1,503,631 realized from the sale of properties and investments during
the first nine months of 1945; such profit representing the excess of
sales prices over the written down book values -of the properties and
investments sold and including estimated net income tax saving of
$289,191.
(2) Accelerated amortization of emergency facilities under*
the Tax Adjustment Act of 1945 amounting to $2,461,559, the major
part of which is applicable to prior years. After deducting the net
saving in income taxes Of $2,020,045, this represents a net reduction
in profits of $441,515. Both of these non-recurring items will be re¬
•Does
flected
not
in the final
(1)
A
non-operating
and
recurrent
statements for the year 1945.
1,823,855 shares outstanding.
tBefore interest on obligations
by International Paper Co.—transferred to reserves.—V.
162,
tOn
held
reflect:
p. 2272.
"
Railway operating revis.
Net rev. from rail, oper,
135,025
96,604
Inc. avail, for fxd. chgs.
Net
income
—v.
2,921,631
2,515,798
2,223,700
1,836,917
1,985,191
who
Is
1,481,539
—V.
162,
11,303
162, p. 2149.
».
■
associated
was
FEA
Inc.—Initial Dividend—
The
directors
on
Nov.
14 announced a fiscal year-end dividend
distribution of 20 cents per share, payable Nov. 26 to .stockholders of
record
Nov.
16,
according to R. E. MapGregor, President.
01 this
distribution, 9Vn cents per share was derived from interest income, and
from securities.
share
Utilities Co. of Del.— Earnings—
Gross
State
Other
: 39,500
49,600
557,650
53,148
48,156
605,819
-
40,000
480,000
Net
retire.
for
——
earns
oper.
fotal
earnings^.deductions
Total
net
58,354
42,233
'
•
for
be
bidder
$348,777
••'
.
J
*"v
case
In
and
outstanding.—V.
158,
declared
27
Nov.
on
rate
and
These
cost
accrued
N.
1945
N. Y.
York,
corporation has completed negotiations to acquire all of the
stock of the Musicralt Corp.. and affiliated companies of
and Los Angeles, it was announced on Nov. 10 by Irving M.
Retail
—v.
■5V2%
called
•7
1945—44 Wks.—1944
$4,474,877 $51,310,501 $47,037,239
:
^
will
Paul
F.
President,
Clark,
"
,;j
I
announced that
recently
*
'
aside
set
funds
It
now
held
rate
the
at
allowed
the
for
that
1945.
announced
■.
;■
that
the
" '
,
general
same
The
$105
of
A
Co.,
16
into
three
Dec.
28,
At
St.,
York,
New
Pittsburgh, Pa.
of
snares
stock
'•
31,
there
1944,
preferred
stock,
by lot.—V. 162,
B.
series
Y.,
N.
the
at
or
;
Net
-V.
v
to
up
the
close
Co.
business
of
The
on
shares of 5%
will be chosen
Mannfacturing Co.—Listing of Additional Com¬
Stock—Acquisition—
New
additional
ized' but
York
Stock
shares
of
unissued,
The J board
Exchange has authorized
stock
common
making
of
a
directors
(par $1),
total of
the listing of
all of
533,102
Oct.
which
shares
author-
are
applied
49,002
for.
v
-
of
shares
purchase
of
shares
(458 y4)
the
to
be
the
Net
value
of
of
$25
$600
per
per
the
outstanding
exchange and
share
share
the
for
the
for
business
of
fans
and
ry.
H.
C.
of
various
types
loading in unmechanized mining operations.—V.
and
Vice-Chairman
McCaslin
has
of
been
the
elected
used
Vice-President
Corp.,
and will be in
low-priced Kaiser automobile.
In
addition
automobile,
Mr.
to
be
McCaslin
produced
is
charge
directing
and
of
and
162,
a
by
1945—10 Mos.—1944
1,680,000
$7,262,433
1,807,332
83,422
$7,765,079
2,311,452
360,853
$737,328
$5,371,679
$5,092,774
$766,633'
joining
Willys-Overland
Hickman
director
1944"
1943
$359,866
Graham-Paige,
ministration,
has
Jr.,
214,485
107,768
109,303
106,335
3,517,730
1,896,598
827,423
3,714,556
Declares Dividends—
S3
of
per
share
non-cumulative
the
series
1
Dec.
A
was
on
recoid
6%
Nov.
17.
A
of
payment
'
'.
Jan.
on
Mr., McCaslin
been
elected
official
of
the
on
the
the
Frazer
Motors
was
chief
Vice-President
Foreign
and
The
27,
-7
'
1
!
.
(fit*!•
Department Stores, Inc.—50-Cent jDividend
have
April
28,
July 28
25
directors
on
Nov.
and Oct.
27,
1945.
of
per
17 tb'holders of
each'°wer^ baade
" ''
Corp.—Special Dividend of 75 Cents
16
declared
a
special dividend
of 75
Soec'al
25
p.
each
made
in
1944, in
addition to regular dividends
each quarter,, were as follows: March 31,
Sept.
30,
cents each;' and Dec. 22,
dividends
cents
30
and
pe^d
25
engineer
of
Economic
Treasurer
Ad¬
and
a
82,737,327
2,180.910
2,130,004
$157,725
$156,297
$623,461
$607,323
9,919
10,648
42,351
40,646
$166,945
$665,812
$647,969
61,259
62,135
260,231
225,575
$106,385
$104,810
$405,581
i. $392,394
43,750
43,750
175,000
175,000
$61,060
$230,581
$217,394
-
divs.__..._
income
and
*
profits taxes.—V.
excess
162,
2517.
p.
the
share
the
on
An
last
extra
of
the
issue,
also
value,
payable
quarterly
of
50
15
Dec.
cents
to
per
holders
dividend
of 37,/2 cents per
holders of record Dec. 17.
paid on the
stock on Dec.--15,
common
.
Corp.—To Pay 15 Cent Dividend—„
Nov.
on
declared
13
dividend
a
stock,
common
1,
of
15
payable
$1,
par
Dec! 15, 1945.
This
1944, and 25 cents on Aug.
record
March
dividend
extra
an
par
payable Jan. 2 to
p. -2394.
162,
no
usu«l
50-cents was
outstanding
holders
declared
20
stock,
and
same
of
directors
the
on
1,
year.—V.
on
Nov.
on
common
Dec.
20,
cents
Jan.
with
compares
share
per
5.
10
1946,
cents
1942.—V. 156,
to
paid
..!v"
515.
p.
Lehigh Coal & Navigation Co.—Listing of Bonds—
The
York
New
1970,
;
Stock
sinking
which
fund
issued
are
Exchange
October—
from
Net
ry.
railway
series
162,
A, due
2017.
p.
*
listing
of
Oct.
1,
1945
!
-
1944
1943
1942
:
$5,800,712
$7,647,887
$7,963,441
$7,678,236
1,138,077
2,108,676
3,191,836
564,761
1,563,512
2,574.331
1,150,281
67,143,878
82,701,831
76,403,646
63,659,486
14.373,996
23,280,799
25,857.378
22,459,643
4,361,538
10,695,687
11,350,801
10,070,245
railway......
income
oper.
the
Earnings— -''v,!:
•;
from
3%%
outstanding.—V.
Lehigh Valley RR.
•
Gross
authorized
bonds,
mortgage
and
has
1,451,988
From Jan. 1—
Gross
from
Net
from
Net
ry,
*—V.
railway....
railway..^.
income.!!
oper.
162, p. 2149.
;
v
Libbey-Owens-Ford
Glass
Co.—Plans
$5,000,000
Ex¬
pansion for Plaskon Division—
D.
Biggers,
struction
involve
adjacent
Nov. 21
on
announced
$5,000,000
a
con¬
for
the company's Plaskon
Division,
which
will
resin manufacturing units and other buildings
Plaskon research laboratory at Toledo,
Ohio.
The
plastic
the
to
be
will
Mr.
President,
program
large
located on a 40-ncre tract owned by the comnany.
explained that the buildings will include multi-sYoried
facilities for resin. and moulding powder and experi¬
pilot plant facilities.
v.
Biggars
manufacturing
mental
and
In commenting
Vice-President of
Plaskon
the
on
present
that
time
since
made
and
Plaskon
by the
to
Stone
complete
the
of
have
far
in
been
facilities
new
developed.
of
excess
will
Current
present
our
be
$5
the
stock
The
of
23,
17,
one
the
poration's capital
Dec. 18, 1945.
20
the
for
»•>:
future
near
increase
the
par
proposal
a
to
stockholders of record
to
share
for
Dec.
1,
the
1945,
each
shares already held.
Exchange directed that th£ cor¬
not quoted ex said stock distributiop until
York
stock
approved
then
1945,
new
New
2274.
p.
Split-Up Approved—
350,140 shares to 1,000.000 shares,
voted to distribute 350,140 of
from
directors
Dec.
on
basis
Nov.
Nov.
on
capital
shares
new
in
Engineering Corp. of Boston, L.-O.-F.; hopes
pilot plant bv early spring and the resin manufac¬
late July, with the rest of the project's completion
the
share.
been
demand
Webster
&
stockholders
per
the
war,
capacity,'*-
started
turing plant by
dependent upon availability of material.—V.,162,
authorized
Jr.,
halted
was
valuable
is
materials
Construction
General
by -the outbreak of
improvements in processes huve
program
products
new
and
L. Rodgers,
Manager of
James
program
said:
"Plaskon's
but
expansion
Libbey-Owens-Ford
Divis.on
be
Stock
;
:
■
New
'
issue
of
75 cents.—V.
shares
the
to
capital
—V.
Lion
of
holders
stock,
162,
The
Stock
York
additional
Exchange has authorized the listing of 350,140
capital stock (par $5) upon official notice of
of the presently issued and listed 350.140 shares
making
the
total
amount
Oil
has completed five
week/according to an announcement
Kansas;
in
the
At
Two
located
are
Creek
Pool,
time
present
Locomotive
directors
.share
on
1938
to
County,
company
Mexico
Fire
have
Box
30.
1944,
This
and
Nov,
wells
during
by Col.
29
T.
the
H.
past
Barton,
Kansas.
has
one
14
in
wells
drilling—twelve
Texas,
Col.
Barton
in
said.
Co.—Larger Annual Dividend—
declared
an
compares
inclusive.—V.
oil
new
on
annual
the capital stock, no par value,
Nov.
shares.
Stoltenberg Pool, Ellsworth County,
Pool, Pratt County Kansas, and two
Reno
the
Kansas, one in New
—V. 162, p. 2517.
The
700.280
the
in
Chitwopd
the
in
one
Peace
the
for
Co.—Completes Five More Wells—
company
President.
applied
1642.
p.
142,
dividend
of
payable Dec.
with
50
p.
20
75
to
cents
per
holders
of
3176.
cents
per
annum
paid
from
cents
share and regular dividend of 25 cents per share on the capital
stock, no par value, both payable Dfec. 22 to holders of record Nov. 30.
Spec'al distributions of 25 cents each and
regular payments of 25
cents each were made on March 31, June 30 and Sept. 29, this year.
of
$2,804,371
525,422
$62,635 i ,"
on
record
The
1945—12 Mos.—1944
$681,718
551,460
deductions..-
record
in
Kennecott Copper
7-
$167,644
directors
share
of
share
1944 were as follows: Jan. 28 and April 28, 15 cents
July 28 and Oct. 28, 25 cents each; and Dec, -15,l #;..y£ftr-end
cents.—V. 162, p. 2017.
..
each;
•of
per
V)U
declared a year-end dividend
share on the common stock, par $10, payable Dec.
record Nov. 30.
Quarterly distributions of 25 cents
directors
The
$2
made on the series C shares on.June 1, last when $3 per
paid on the series A and series B shares.
Total paid in
the
three
issues
also
amounted, to $6
per . shares.—V.
Kaufmann
83,808.247
Lambert Co.—Extra Dividend of 50 Cents—
The
semi-annual dividend
cumulative preferred stock, the
usual
the
p.'2149.
162,
*
income was
1945—3 Mos.—1944
"
income
♦Includes Federal
;!'!:
declared
series
net
Listing of Additional Capital Stock—
dividend of $3 per share on the series B 6%
preferred stock and a dividend of $4 per share (4%)
C
6% - non-cumulative
preferred ' stock,
all .payable
holders, of
to
was
share
J.944
the
on
3,330,117
2,554,234
1,552,323 .7 1,367,819
698,466
628,014
semi-annual
regular
on
15
1944,
" $709,185
taxes.
Income
On
Nov.
Sept. 30—
and
Balance
.•
on
railway
Sept. 30,
j
revenues
stocks
The
$336,398
177,324
775,641
162,
879.,
King-Seeley Corp.—Listing of Common Stock—
of the common stock, par value $1, on the New York
Curb Exchange was approved by the Board of Governors of the New
York Curb Exchange at a meeting held on Nov. 7, 1945, and on the
The
former
Net
v.
on
20,402
$329,780
$0.13
Superior District Power Co.—Earnings—
etc.,
Pref.
1942
-
242,975
-
24,737
income—_
ended
Life Savers Corp.—Stock
$411,927
1945
m
.-
1,874,589
of
Motors.
Price,
J
Ry.—Earnings—
102,008
directors
379,375
(net).............,.!....
deductions
income
project
Corp:Before
Int.,
7r
$1,088,612
256,021
7,924 \ 95,262
$294,243
from
8729,557
*
Gross
Long Island Lighting Co.—Merger Plan Filed—
per
a
Graham-Paige
of
•
.
.
DATE
TO
/!- 168,000 vr 1,603,000
railway-—!_
2149.
p.
elected
engineering
engineering
. ,
YEAR
$855,565
81,009
!!
oper,
from
June
marketed*
.
Net-ry. oper. income...
Gross
chiefly
board.
Kaiser-Frazer
new
of
and
conveyors
:
'Payments
Kaiser-Frazer Corp.—New Officials Named—
Edear Kaiser,
oldest son of Henry J. Kaiser, has been
member
stock
stock
Co.
New
mine
-
-
From Jan. 1—
and
remaining
and
;
income.
railway
com¬
paid
Manufacturing Co.
has
its
principal
Philadelphia, Ohio, and is engaged in the
manufacturing mine fans and blowers, high
pressure
at
business
for hand
the
value
The
cash
for
Manufacturing
Conveyor
place-of
industrial
on
the
and
stock.
common
purchased
made
Conveyor
La-Del
of
be
and
company
La-Del
The
is
will
- -
AND
.
La:Del Conveyor & Manufacturing Co. upon transfer to
of valid certificates, by the owners thereof, for fully
pany
non-assessable
income
railway...—/
from
(2%)
11,
1945,
adopted
resolutions
providing that the company issue 49,002 shares of common
stock
(par $1) in exchange for 2,041% shares of common stock (par $100),
being in excess of 80% of the issued and outstanding capital stock
on
-
23,000
2394.
p.
1,181
income i—
John
Cr430,000
oper.
from
Net
T-'-'Vv
Joy
The
successor
taxes...
October—
Gross
The
mon
Co.,
$1,631,612 $12,185,433 $15,315,079
375,000
3,320,000
5,870,000
oper.
ry.
162,
Net
.
outstanding 293,254
shares to be redeemed
2273.
p.
Trust
*
were
Trust
redemption price,
1946, upon presentation and surrender
1,
Kansas Oklahoma & Gulf
the Bankers
Union
Farmers
formula
Each of the called shares is convertible
common
1945.
Dec.
*
1
called for redemption on Jan. 2, next, 100,000
cumulative convertible preferred stock, series B, at
Wall
Pittsburgh,
':'--"Vv7:'
$448,565
.
Equip, rents (net Dr)_.
Jt. facil. rents (net Dr)
with adjust¬
be made at
Mtge. 5y2%
accruals-
tax
ry.
Railway
has
5%
share and dividends." Payment will
per
Trust
its
Broadway,
opers.
ry.
income
Federal
Ouher
fr.
8728,376
share on 2,433,620 shares.__^_!._._.2..___ '
per
$13,000,000
!v!;-
7.
dividend
rev.
498,200
..i.'.L:
operating
The
$3,924,686 $31,429,788 $37,105,584
2,293i074
19,244,355 21,790,505
expenses.
Laughlin Steel Corp.—Partial Redemption—
company
shares
Net
,
$2,361,610
1,913,045
revenues.
Net
interest distribution
policy provisions will be
under
retained
or
165
trustee,
1945—Month—1944
.
Railway oper.
:
Fort Smith Ry.
Bank
OCTOBER
FOR
Railway Oper.
yr
the
1946
during
,
divi¬
same
!/.■
policyholders.
City
.7
EARNINGS
226,275
taxes
debt
Income
Lanova
'
Co.,
Trust
&
bonds.
.
7
274,629
profits
excess
six months
exp;
Other
1
New York, N. Yi'7*-- ■ 7 7- Y?
will be made of the full
St.,
and
funded
Period End.
'Oper.
"
y-7-7. ."'IV;;'
the
payment
'
1945
7
Y --77
Period End: Oct. 31—
effect
will be continued for group policies in 1946
resulting from experience shown.—V. 160, p. 2647.
Jones &
of
deposit
on
in
in effect
ments
i;
to
voted
also
further
was
currently
dividends
for
directors
The
on
that
as
;
-
the
Operating
'7' .77''777 7-7.-'.."•
'
Bank
at
made
William
22
said
of
for ordinary and industrial
insurance policies and retirement annuity contracts has been adopted
for 1946 by the board of directors.
The sum of $30,000,000 will be
scale
dend
be
...
30,'
SEPT.
84,152,020
1,794,975
162, p. 1172.
/ Lake
accept this offer may receive immediate payment
outstanding Texarkana &
Immediate
^
Co.—Continues
John Hancock Mutual Life Insurance
*
Nov. 29
on
plus accrued interest to Feb.
.
Dividend Rate—
"»v
received from the New York Trust
Trust Co. which offered par
bearing interest at the rate of 2%%
Bankers'
payment will be made of the full1 redemption price, plus
to Jan. 1, 1946, upon presentation and surrender of
<v7 ;
•'•'. . •i'": -• •^••*-••.--.7-- ■ > : 7
the
of
trustee,
Higher—
$5,346,042
the
Co.,
group of 49 members,
bonds bearing interest
first mortgage
guaranteed gold bonds, series A. due Aug. 1, 1950, have been
for redemption on Feb.
1, 1946, at 107 % and interest.
Pay¬
All
*
ENDED
con¬
was
■'
7•
MONTHS
SIX
income
Net
; '
FOR
income
For
not 'less
be
Also Calls Texarkana & Fort Smith Ry. 1st
ment
2017.
p.
to
were
(
7;
:')7;
be
162
629,565
on
income
Net
—V.
interest
notes.
Bonds
'
1945—4 Wks.—1944
L—
sales
iG2,
be
Y.
N.
Immediate
President.
Jewel Tea Co., Inc.—Sales
notes
'
Chemical
the
at
York,
accrued
York
Period End. Nov. 3—
to
was
To Retire Secured Serial Notes on Jan. 1, 1946—
7
All of the outstanding 3% secured serial notes, maturing quarterly
from Jan. 1, 1946 to and including Oct. 1, 1949, have been called for
redemption on Jan. 1, next, at 100 and interest, - Payment will be
made
will
1945.—V
taxes
Net
v
7-
Corp.—Acquisition—
..
7
registra-J
7,
—i 1
Miscellaneous
price therefor upon delivery of their bonds on or
1945, to the Bankers Trust. Co., 16 Wall St., New
31,
exchanges on Dec.
said
operating revenues
Other income (net)
the
bids have been accepted.
On this basis the
of the proceeds of the bonds to the applicant
were offered by
the successful bidders at par
Deramus, President,
Dec.
both
on
Net
.
No bid
borne by them.:
($1,077.50 for each $1,000 bona).
New
1890.
the
notes
interest
Holders desiring to
The transaction, subject to approval b.v the board of
directors of
Jefferson
Travis Corp., will result in Musicralt Corp.
being operated as a wholly owned subsidiary, Mr. Felt said.—V. 162,
p.
They
Exchange
the
retirements
for
income
^
announced that the company
will purchase the 3%
first mortgage gold bonds due April 1, 1950, up
to and including Dec. 31, 1945, at 107 and accrued interest to Dec. 31,
outstanding
Felt,
Other
will be in the
respectively,
notes
Offers to Purchase 3% Bonds— '
W.
*
This
Federal
Gross
-
v,
interest
accrued
annum,
for
annual
4.10%.
be
said
New
and
or
or
to be
interest
the notes
and the
annum.
and
preferred stock.—V. 162, p. 2516.
Jefferson Travis
for
per
for
that
to
the stock
course,
revenues
Provision
of the aforementioned
par), of which 637,261 shares are'
are reserved for
conversion of its
shares
150,000
and
outstanding
of
itself
interest
will
'-■!
company's common stock ($1
the
of
4%
accrued
average
a
the common stock of the company, automotive parts
household
appliance manufacturer, commenced Nov. 26 on the
York Stock Exchange.
The Exchange has listed 787,261 shares
New
of
for
per
' C
in
Trading
of
subject
....
Interest
invitations, the only bid received for
Kuhn, Loeh & Co.; Ladenburg, Thalmann &
and
7" (F. L.) Jacobs Co.—Trading in Common Stock—
'
bonds
98
rate
were,
banks,
and
the
of
notes
and
these
to
bid
only
acting
before
;
dealings
Maintenance
"*'
;>■'!>! y '
sent to 305 .invests*
bankers, each bid
-
companies,
than
bids
Governors of
and
Operating expenses
•
The
/
:
the
that
was
the
at
'
891.
p.
7
bonds
amount
less
1945,
effective in due
(no par), of the Louisiana
Blyth & Co., Inc., as representatives of a
being 98 lU and accrued interest for
Co.
100% stock dividend on the
common stock, payable Jan. 15, 1946 to holders of record Dec. 20,
1945.
The authorized comon stock has been increased from 146,500 shares
to 300,000
shares of $1 par.
There are at present 122,918 shares
directors
The
of
Board of
31,
becoming
Laclede Gas Light Co.—Earnings—
securities; and (2)
bid
the
quarterly
a
100% Dividend in Stock—
Votes
'
declared
16
Nov.
the
designate the
response
bonds
Siioe Corp.—Clears All Arrearages—
on
to
Operating
than par
interest rate to be not more than 2%% per annum.. In the
bids submitted by a group of bidders the obligations of the
of
dividend of 37%
cents
per share
and a dividend in arrears of $2.25 per share on
the 6%
cumulative preferred stock, par $25, the first payable on
Deci 15, 1945, and the second on Jan. 2, 1946, both to holders of
record Nov. 30 ,1945.
The Jan. 2 payment will clear up all arrearages
on this issue.
Payments of 37 Va cents each were made on March 15,,:
June 15 and Sept. 15, last, and in each quarter during 1944.■
i
directors
v
several
members
of
the group
were
to be several and not joint.
Acceptance of a bid for the bonds and notes was conditioned in each
case upon
the acceptance of a bid for the other.-■!£•
--v
former
(John) Irving
The
•
for
entire
and
the
cumulative preferred stock as follows: $1.19
on
the 7%
series; $1,105 on the 6V2% series, and $1.02 on the 6%
series
payable Dec. 15, 1945, to holders of record of dividend arrears
certificates' on- Dec. 1, 1945.After this payment there remains only
the
following arrears:
$1.13 on the 7%;. $1.10 on the 6V2V0
and
$1.01 on the 6%.—V. 162, p. 2516.
the
on
arrears
bid
the
by
Oct.
on
SEC
or
mortgage.
insurance
bonds
and
account of the dividend
declared a payment on
have
directors
"•-The
.
,
the
to
the
to
the
for
$10,000,
of
houses,
sidered,
Reduces'Dividend Arrearages—
of
terms
ment
to
$320,223
t
(1)
company
160,000 shares of common stock
Invitations
$1,086,080
737,303
706,978
! $21,142
$22,005
the
of
§1,027,201
61,045
-•
$1,043,847
43,373
!■;
..
$82,188
*•
income
Net
3,482
$80,359
•
$983,828
$78,705
3,271
;
452,500
"
$77,088
—
Other- income,
'
'7
,
multiples thereof, will bear interest at
rate
of
2%%
per,: annum, payable semi annually bn April 1
and
Oct. 1. and will mature $30,000 semi-annually on April 1 and Oct. 1
in each year beginning on April 1, 1946.
They are to be prepayable,
as
a
whole or in part, at the option of the Company at any time
prior to maturity without premium and will have the benefit of a
sinking fund for which provision is to be made in the proposed first
mortgage.
The notes and the mortgage will contain the same sinking
fund covenant which may be -enforced
by the noteholders regardless
480,000
taxes
Provis.
2,546,970
payment, qt outstanding
denomination
584,565
40,000
220,811 >
income,
profits taxes
excess
The
$5,174,268
the
RyjafcojuA b*
r
^ • "• v .7
report of„jyie Commission states in part:
'
proposed .pbtes are. to be dated Oct. 1, 1945,
The
;
.
.$5,023,572
2,462,659
$418,114
201,652
maint.—.-
exp. &
and Fed.
Oper.
&
earnings__
oper.
•'.
./
Arkansas
1945—12 Mos.—1944
1945—Month—1944
$430,549
authorized
23
Nov.
on
and
share,
&
Iowa Southern
->
Exchange
held
the
1891.
p.
Executive Assistant to Mr. Frazer;
President of Graham-Paige Motors Corp.
and
with
admitted
become
to pledge under
the proposed first imortga^fe 60,000'shares of cumulative prior preferred
stock, 40,000 shares of preferred stock, both of the par value of $50 a
(
Period End. Oct. 31—
York.
New
Stock
meting
a
tion
Mr. Price
He left the
City Southern Ry.—Bonds Authorized—
ICC
and
tion
"
*•'.
,
Minn., is the principal underwriter
and investment manager of the Fund, which is an open-end invest¬
ment company.—V.
161, p. 2557.
-
in
Co.
Trust
2272.
p.
at
,
agency,
to issue not
exceeding $40,000,000 of first mortgage 30-year 4% bonds, series A,
to be sold at 98% and .accrued interest,
and $6,000,000 of unsecured
promissory notes, to be, sold at par and accrued interest, the pro**
ceeds of the sale of the boiids and notes to be applied to the redemp¬
The
Syndicate, Minneapolis,
Investors
to
year
government
Detroit
by
announced *tnr "Nov. 29
was
the
EARNINGS
Investors Selective Fund,
per
it
:
Bankers
Chairman
also
directors,
service-with
with
early- this
Kansas
cents
of
President.
wartime
Monday, December 3, 1945
t'.-..:-}'.
,.'■>
,
,
his
$6,280,959
board
the
Frazer,
W.
Before
$7,494,002
74,163
54,324
187,260
Joseph
1944
1945—10 Mos.
1945—Month-*—1944
$626,361
$481,040
of
member
America—Earnings-—
International Rys. of Central
Period End. Oct. 3It-'
HVi
CHRONICLE
THE COMMERCIAL & FINANCIAL
2644
The
Co.,
company
Nassau
have
&
jointly
companies,
and its subsidiaries, Queens Borough Gas and Electric
Suffolk Lighting Co. and Long Beach Gas Co., Inc.,
with the SEC a plan *for the consolidation of such
filed
and the recapitalization of the resultant consolidated
cor¬
poration which is to be called Long Island Lighting Co.
The plan does not involve Kings County Lighting Co., its subsidiary,
Kings Appliance Corp., or Lilamd Corp.
,
'
• t
A statement of the transactions and terms proposed may be sum¬
„
marized
as
follows:
Long Island, Queens, Nassau, and Long Beach are to be consolidated
the consolidated corporation is to
be recapitalized.
In nHrUtion
listing
and
lb
the
lcng-terrn
debt
of
the
constituent
corporations,
which
at
Volume
162
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4443
'
31,
Aug;
will
1945,
$56,995,000,
aggregated
•
i
New nreferreri
!
pfnelf
-
r
.
101,520 shares 4%; cumul.
New common stock—
As
the
result
a
of
adjustments.
consolidation
of
Net
..
the
surplus
Other
Upon
plan,
the
of
Net
consolidated
the
$1,246,820
$7,455,305
be distributed
to
respect
certain
distribution
the
to
the
to
stockholders
3,721,201
220,601.
accruals.
45,701
effective,;
This
of
of
of
stock
the
of Long
reduction
certificate
par
value
6%'*
:
$2,819,101
675,891
655,083
.,108,245
118,658
other
among
at
June-30.
to
issue
for i each
common
the
share
stock,
increase
certificates
ferred
time
and
of
(d)
;
as
other
shares
of
and
in
the
outstanding
to
the
company
its
or
the
certificates
However,
as
setting
result
a
forth
the
altered
of' certain
transfer
rights
the
were
The
shares
the
of
different
made
upon
its
books.
classes
of
stock
the
form
of
certificates
representing
preferred stock, the series
preferred stock, and the common stock
the
cumulative
as
they
of
the
reduction
Series
Stock."
that
shares
and
capital
"Present
capital)
of
and
plan
Long
Island
be
to
of
its
each
of
Long
issued
reduction
series
present
such
share
of
stock
the
($60
the
new
and
of
Island
effect
to
holders
stock
will
of
of
the
for
and
2.45
preferred
will
shares
for
share
of
new
for
each
of
also
plan
Queens
each
such
share
3.4
respectively, of the new common stock.
The
plan will be submitted
to the
New
for
authorization
dated
and
consent
corporation
The
plan
the
states
such
and
to
the
the
2.4
for
securities
York
proposed
constituent
P.
by
corporations
State, of
S.
for
2.9
of
the holders
each
of
of
such
of
record
constituent
two-thirds
corporation
of
It
/
as
forcing
competent
and
162,
carrying
2274..
.;
p.
Los
jurisdiction
the
out
for
and
terms
provisions
of
the
to
Operating
income
Operating
expense
ENDETD
MONTHES
9
—■.
———
„.
to
paid
was
•
profit,
—.
—
Falls
for
6%
Ry.
:
for
shares
Co.,
of
140
six
162,
$2,230,673
XX—-—„_
Provision
for
income
tax—
—
269,368
.
1,010,000
—*
_
deductions
Net
Income
Earns,
per
162,
:
—_
share
p.
$948,499
—
1,095,440
on
1394V/.;,
shs.
of
.
.
stock
com.
.
outstand.
$0.87
// Period End. Sept. 30—
Operating revenues-—
Operating expenses
Federal
Other
$13,333,758
,600,538
6,635,104
6,913,510
195,945
2,409,904
1,270,190
71,097
72,267
837,770
786,389
142,000
156,359
1,734,000
1,564,863
$178,555
$182,560
$2,110,343
$2,798,806
333
711
Prop, retire, res. approp.
oper. Tevs,____
income /net) ____
Other
/
210,928
,
'
3,184
The
Oil
books
deal
United
for
the
Nov.
on
Co.
of
of
income
Gross
and
$183,271
$2,113,527
$2,806,233
76,098
77,849
925,909
1,994,211
Net
income
applic.
102,790
preferred stock
to
that
20
(Ohio)
the
all
has
1515.
in
its
Basis—Also
/
110,000
75th
L.
preferred
Louisville
has
C.
Under
the
Electric
output
of the
totaled
23,307,000 kwh.,
corresponding week last
t
Electric
totaled
Electric
&
on
completed
Court
N.
Y.
on
stock
or
before
&
exps.
,.'■
.//■■;
company
as
output of this
kwh.,
24.006.000
■corresponding week
last
a
7 Net
Net
out
for
compared
year,
a
week
of
the
week
with
decrease
ended
of
Nov.
30,996,000
24.8%.
ended
24,
kwh.
of
reorganization
in¬
deprec.__
Nov,
32,341,000
kwh.
25.87*.—V.
162,
'
been
plan
a
-
\
have
share
A,
of
taxes
of
$10/* cf
$100,
The
and
rev.
in
met;
are
lower,
.
-
except
.
manufactured
print cloths,
Equipment consists of
looms.
and
par
Canadian
3i,573
shares
of
/
Currency)
1945—8 Mos.—1944
-
$1,056,928*
$9,805,555
919,183
$8,124,075
7,592,701
6,806,180
$2,212,854
$137,745.
$1,317,895
6,895:
$6,631,497
74,413
$823,695
$789,680
809,569
770,482
/
77,365
$6,010,069 $59,891,972 $53,908,814
3,905,450
39,496,134
35,936,329
1,314,939
13,052,414
10,918,261
4,316,663
1,491,139
*
7
Mos.—1944
$6,016,964„ $59,966,390 $53,986,179
3,754
.
___„_
$7,343,424
7,163,664
$7,054,224
-6,786,740
Y/
"
profit
income——
Net
$4,511,361
$3,634,281
959,652
730,391
and
depletion—
shot
7:
State
Net
acquires
Co.
by
up
Judge Conley
shares
1,000
of
of
L.
declared
a
-r-
'/.•
•
•
*.
/
'Y
this
distribution
will
be
in
addition
to
were
taxes
103,817
/?
in
of
issuing
fractional
with
shareholder
merely
tr.butions,
a
of
50 cents per
value on Nov.
net
income
share
per
will
prudent
if
as
not
a
the
10.
p.
be
p.
date
made
shares.
in
shares,
order
to
should,
maintain
therefore,* be
his
true
reinvested
income
from
2,240,761
$5,966,582
$5,141,884
been
*
$0.98
made
result
may
$3.21
the
in
30,
from,
1945,-
the
including
On
Sept.
liabilities
on
Nov.
23
renegotiation
for
reserve
distribution
of
war
-/■'
and
1945
current
and
Federal
1944, current assets were
$7,746,341,-—V. 162, p. 1172.
dividend
a
payable Jan.
made
was
earnings
$44,-
30,
were
declared
$5,
par
of
$47,877,884
were
$2.77
statement
■'*.■:*;••'.• '//'7Y./ / /*:7;//,/\
Sept.
$9,198,554,
current
similar
2
June
on
of
25
'
20, last,
of
*
share
per
record
Dec,
which compares
On the
per
-
;
cents
holders
to
1394.
latter
date,
share.—V
/'^ "■/'//
.7 /-
162,
/
/Midland Valley RR.—Earnings—
Octobers,
;;t
railway
railway.
Net ry.
ry.
'
1943
1944
26,387
26,076
¥ 76,256
45,157
,
•
.
i:81,894
*7
..
1,440,746
458,713
1,402,364
1,506,338
1,231,763
445,054
599,436
501,599
income—*.
234,428
204,227
305,766
290,000
oper.
;
,
.
Minneapolis & St. Louis Ry.—Earnings—
1945
October—
from
1944
*
-
:
/
1943
1942
$1,486,253
$1,382,866
$1,353,050
$1,379,972
railway-——
"■400,991
4 99,393
442.448
538,841
income--'
»300,63J
112,154
railway——
railway-
from
Net
$155,095
-
19,380
Y
.
162, p. 2151.
Gross
1942
$141,421
45,635
railway.—
railway—
from
Net
Y
31,877
from
Net
1945
$132,094 V'$140,592
1/
income—
oper.
From Jan. 1—
Gross
—V.
V,.1
Y
*v .*
from
from
Net
13,125,660
12,774,639
2,389,058
3,609,681
4,042,207
3,357,255
income—
981,607
1,400,848
3/136,556
2,413,275
railway—
—
'
Net
"ry.
oper.
From January
Gross
Net
from
Net
ry.
oper.
337,569
417,045
12,288,936
11,068,658
-
1—
from
162,
p.
2275.
Minneapolis St. Paul & Sault Ste. Marie RR.—E&rns.
-
1945
October-
Gross
from,
Net
special
2274.
.3,771,000
.
in
distribution, the trustees emphasize
"regard any distribution from capital
distribution of part of his principal.
Such dis-
taken
162,
also
that
767,511
that
of
as
capital stock,
A
Gross
the
payable
on
.
20 cents each on June 15 and Dec. 20, 1944.
corporation also paid out of paid-in surplus $2
the
C.
should:
investor* in
curities."—V.
be
1,078,930
with
30, with adjustment for
share, except for share-.
give notice before the close of business
wish payment in cash.
Cash payments will
connection
a
of
asset
balance
who
they
lieu
net
at
2,091,133
$1,824,773
$1.24
income.
on
and
directors
the
on
which
distribution
2,633,560
.1,269,942
311,607
Middle West Corp.—25-Cent Dividend—
The
investments.
valued
$13,641,084 $10,552,708
7 854,250
.
will be .paid Dec. 24 to shareholders of
10, from ordinary income from dividends and inter¬
December
.
761,826
$2,304,782
has
provision
assets
liabilities
State
share
a
392,677"
share.—
per
.
Trust—50-Cent,Special Div.—
special distribution of 50 cents
600,824
.
—.
any
Current
•■.*
.
and
adjustment
contracts., *. '. •■
new
a
7"
inc.—
on
NOTE—No
for
trustee,
as
stock
taxes
income
Earned
immediate
the
Federal
'<
$9,790,882
*
*
abandoned—
for
>■:'(
namely,
guns,
surrendered
4,365,731
'X
$3,387,588 $13,040,260
246,693
•and
/
well-known
sales; $4,369,442
141,919
Prov.
by Frank Kenna,
Marlin
into immediate operation,
and the Fulton.
For' the
chiefly on producion of
from
1,332,481
4,511,281
—s-is-4—^——
■
.
-
Hunter,
"
1,540,505
.*.■
(net)-
Deprec.
Y'/
Y
,
and
gen,
expense*—-...
*■;*/
Other inc. credits
Oil
1945—9 Mos.- -1944
/_ $16,501,088 $14,74G,347 $50,453,860 $45,218,139
10,591,141
10,026,278
32,902,319
31,061,526
sales
and
Net
'7v//v
1945—3 Mos.—1S44
less returns
one-
Standard
YY;/.
/
reorganization set
distribution
special
In
the
Y
1892.
'h
Bank of Cleveland,
stock one-fifth
value
par
value
of
Selling
been; requested
concentrate
that
state
undistributed
that
2517.
$288,655
-
'
.
year.
$100
7$6,635,251
allowances__
//admin,
said
'■■//;:/.
three
producing
the
to
Firearms
shares
the
1945,
for
p.
of
$328,398
operating 7 inc.__ 7
Cost
permanently.
closed
to
gains
17,
.
has
a
1,093,986
_____
oper.
162, p.
and
corporation's assets to
effective
and
the stock
on
Smith,
trustees
on
1945,
for
.
.,
to
trustee's
conuitiorrs
whichever is
2,500
$1,422,384
Period End. Sept. 30—
realized net long-term security profits of 1945, payable Dec, 24,
shareholders of record at the close of business Nov. 23. 1945.
of
1945
that
with
and
-
other
market,
,1945—Month—1944
revenues
Gross sales,
the
Marlin.
represented
trustees have
record
the
the
in
1950;
1,
(a), to. extend
will concentrate on production of corduroy;
cloth, and
wool
rayon
blends
at
its
Capitalization
consists
of
16,500 shares of
income
—V.
before Federal Judge
"Y
Massachusetts Investors
est
decrease
company
as
for
compared
year,
the RFC
from
(jungle)
Mass.
__
in
-.-'''/(/X- -'89 'liViY'v
356,532
(Ky.)—Weekly Output
its
162, p. 2018.
Operating
N. Y., trustee, and Leonard H. Amdursky, attorney
Roger Kenna, Vice-President, and Edward JY Bren¬
intend
Marlin
812,022
Co.
ahd
market,
or
at
spindles
Operating
revenues—
Operating
expenses
made
Each
corpoftftibnj-This new corporation will settle a claim pending from
the Upi>ted,-)l6tat;es Navy, and also will settle the claims of all general
credito);^ op. a, percentage basis, Marlin is contributing additional
capitaLYppcesgary to re-establish and resume operations at Fulton.—
V.
162, p. 2517.
Y-■■/■.
Y,:',//-■
the
Gas
cost
sold
* preferred
stock
stock.—V, 160, p. 1297.
Uncollectible
stock
sharp
represents part of the plans for increased pro¬
by the Marl.n Firearms Co.. which th;s year is celebrating
anniversary in .the sporting gun field,": Mr. Kenna said.
we
holders
:
gear,
in
company
Aleutian
Lowell,
Operating
-
purchase
"Hunter
356,532
$455,490
loan
a
company
//Michigan Bell Telephone Co.—Earnings—
Period End. Sept. 30—
1945—Month—1944 1
1945—9
the L. C. Smith guns, "to meet the present pressing
sporting wfeapons throughout the country." • Preliminary
for
"This
1,187,618
1771.
for
be
cumulative
Oper.
due
Co.—Buys Hunter Arms Firm— >
Nov/ 20 received confirmation* of its .purchase -of
expansion program.
period
$831,086
p.
satisfactory
sold
will
(Expressed
.
plan
of
become
stock/par
common
162, p.
trustee.
The
162,
high
*
participate
Mexican Light & Power Co.,
Ltd.—Earnings—
already been completed in the 4-story br:ck Hunter building
at
Fulton, where new equipment will be installed, new production
methods, adopted and workers engaged in line with Marlin's extensive
105,422
Balance
into
to
2517.
ending not later than Jan.
Huntsville plant, the company
about 50,000,000 yards
^Dificit.—V.
-V.
expands
invited
authorized;;-the.
Period End. Aug. 31—
Gross earns
from oper.
has
regular
for
found
>Net earnings
York,
Margay
of
Fukon,
concentrating
The
Dividends
$50
Ogdensburg
■/."•
Under reorganization plans
announced
President, the Hunter p'ant will be
put
/
7,427
$178,888
charges—
New
common
1945.
period
a
also
■i
2517.
Oil. Corp. have been
capital stock of Margav Oil Corp.
was
StateS
Counsel,
nan,
The
Interest
57*
Stephen W. Brennan
Albany, N. Y.
Closed since last April 25,
Hunter has been in process of reoraranization under Chapter 10 of the
Bankruptcy Act/ and was represented in Court by Judge Maurice B.
1945—12 Mos.—1944
$1,207,669 $13,727,121
&
for
capacity
plant
Smith, which, as a side-by-side double barreled shot gun, makes a
perfect ^companion piece to our own Marlin over-and-under shot gun.'.'
544.586
taxes
taxes
/'• Net
Co.—Earnings—
1945—Month—1944
$1,147,166
its
velveteens,
;
.
future
Louisiana Power & Light
is
wifc be
Henceforth the
/
were
assets of the Hunter Arms Co., Inc., Fulton, N. Y., and
will im¬
mediately reopen, the Hunter plant as the L. C. Smith Arms Co. Divi¬
for production of the L. C. Smith side-by-side shot guns.
the
:
,
title
approximately
Commission
Commerce
Portland
p.
Broadway,
15,
transfer of substantially
"company
duction
—V.
cents each
sion
2,805
—______x
of
each
25
convertible
$5
shares
Dec.*
on
production
approved the extension of
gray* goods
per
holders
the three
to
redemption on Dec. 15, next, at $100 per
to $1.46 per share.
Payment will be
announced
Conley of
28,084
Interest
Miscellaneous
vided
At
the
en¬
$2,202,589
—
17
collateral trust bonds,
the
sell
to
cash.—V.
into
share
demand
income
cents
1272
$1- Annual Dividend
a
Trust
(Ohio).—V.
work
Total
'
*
Interstate
receive in exchange for each
of 3%%
preferred stock, series
The
plan.—-
*
,
as
5%
company has agreed to sell its plant at Huntsville, Ala., to
Lowenstein & Sons, Inc., New York converting
house, for $1,700,000
cash for fixed
assets, the sale to be .effective on Jan. 14, 1946, pro¬
Marlin Firearms
14,217,992 '
'
—
income
of
of
,
/
Gross
Other
Dec. 11,
on
Dec.'
in
disbursements
the
As
-
trading areas will be
says.—V. 162, p.
Merrimack Mfg. Co.—.Sells Southern Mill—
Leaseholds
$16,420,581
——
last, $2
dividend
to
share
1945
30,
the
on
trustee's
certificates
to
be
delivered
to
the
evidence the interest accrued and unpaid on the certificates
extended.—V. 153, p. 695.
Inventory
payable
2150.
p.
proposed
business
of, the
quarter
j
SEPT.
to
surrender their certificates to The National City
Co.
/ J
in
FOR
this year,
21, lutJ.
Dec.
M.
be
Angeles Transit Lines—Earnings—
EARNINGS
29,
share
per
i The
share-on
holders of record
per
amounting
Standard
Ohio*
out¬
decree
appropriate
an
$2
,
vote thereon.
of
Dec., 11
$10,
amount
applied
on
required
court
of
paid oh June 15,
1944
be converted
of
the
transfer
The plan further provides that in the event
percentage of stockholders of each. of the constituent
corporations does not approve the plan, each of the constituent cor¬
porations reserves the right to request this Commission to apply to
the
Sept.
cents on
$1.25
to
with
162,
outstanding
Guaranty
was
The
require
may
payable
$1
par
Rumford
&
called
may
Holders
con¬
the
and
and 25
of
Mid-Continent Petroleum Corp.—Earnings—
consolidation,
and the
terms
thereof,
shall
be
at a stockholders' meeting specially called
by
7
'
Margay Oil Corp.—Merger Plan Effective—
plan,-Vf ' V
which
1944,
dividend
company
Commission
be
a
•
cents
non-interest-bearing
to
'////■
'V/-/.'/;
The directors on Nov. 13 declared an initial quarterly dividend of
$1
per
share and a year-end dividend of 25 cents per share on
the common
stock, both payable Dec. 26 to holders of record Dec.
15.—V.
161, p. 1096.
1
v
/
shares,
to
has
Stock
the
close
the
consoli¬
propose
New York
of
share
Commission
the
1515.
dividend
a
declared'a
like
A
while in
transaction
one
been
volving
the
30.
quarter.—VI
dividends
the
at
for
of
.22
stock,
stock,
Maine. Central
in
All
and
approved,
shales
to
and
the laws of the
to
purpose
standing
entitled
that
proposed
submitted
for
issue
to
solidate pursuant
that
approval
and
of
RFC
name
bonds, now held in its treasury.
The road plans to apply
proceeds to the redemption at 102 of $1,535,600 outstanding Maine
have
that the
preferred
/'•'* Y/////_--./'/
*
its
share
capital
Nov.
Common
stock,
common
provides
the 7%
and
stock," "the
common
Declares Year-End Dividend of 25 Cents—
;
share
a
by
by,
987.
p.
20
1, 1950, the maturity date of not exceeding $900,000 of
certificates held by, the RFC and (b) to issue not
exceeding
-V.
preferred
B
of
2/5
the
receive
The
stock
receive
such
will
stock.
series
of
Jan.
Mangel Stores Corp.—Calls $5 Preferred Stock—Places
holders
par) will receive
preferred stock and
present
162,
dividend
extra
an
June- 30
22,
stores.
other
ICC has
The
.
1944.—V. 162, p, 2396.
Nov./15
' on
the
company
1959.
Island's
the
capital
value
Central-Portland
respec¬
($60
new
its
of
each
stock
common
6%
Nassau
receive
common
new
the
of
stock,
that
of
162, p.
declared
15
in
amount of $900,000
4 '/2 %
bonds
reduction
to Long
provides
declared
31,
Dec.
on
authority to sell $1,000,000 Portland & Ogdensburg Ry. first morfc-
the
plan
/"'■*'
■
give effect
plan
preferred stock
share
a
stock
present
the
7%
of
:
which
Share
one
stock.—V.
B
This compares with
each
gage
Lighting Co. (as the consolidated
consolidation are designated in
the
and
class
on; Nov,
directors
The
for
the
capital
common
preferred
of
of
A
2/5
new
par)
its
share
in
it is stated therein
to have been
certificate, of
.value
par
par
on
Common
>*New Preferred Stock" and "New Common Stock,"
as
tively.
i, On the basis of the designations
shares
its
The
Maine Central RR.—Refinancing Plan—
assumed
are
with
accordance
16
semi-annual
the
common
designated therein as "Present Series A Stock,"
Stock," and "Present Common Stock," respectively.
B
stock
of
certificate
of the plan,
purposes
of
in
last,
1,
followed
was
10.—V,
Meridian & Bigbee River Ry.—RFC Loan Extended—
-
requested
v
7%*
the
March
on
which
Sept.
acceptance of its stock exchange
Trucks, Inc.—Declares $2 Dividend—
record
/
par i
designated in
Stock," and "Old
B
29 reported
stockholders, leaving 1,218 unexchanged
exchange expired Nov. 15, and because of the
of
preceding quarters,
are
Series
shares
and
stock
of
Series
no
28.
made
cumulative
respectively
are
Stock,"* "Old
changed
corpoiationi
the
of
A
Per convenience
the
altered
The
($100
:
Oct.
Magma Copper Co.—Usual Payment of 12 % Cents—
($1 stated value), respectively,
prior to Dec, 16, 1944 (the date of filing in the office
Secretary of State of New York by Long Island of its certifi¬
"Old
as
A
par) -6%
no
share
were
of
cate
series
($100
B
Nov.
March
on
cents
usual
program,
of its class A
right
directors
The
Long
Island,
Long
and
regular quarterly. dividend of 10 cents per share
stock, par $1, both payable Jan. 2, 1946 to holders
12. 1945.
Distributions of 10 cents- each were made
Dec.
issue
40
merchants
;
that
-
of
1
.V.
1944, and $f on June^ 15,
the' $EC
and Long Island's registration as a holding
under the Act on April 23, 1945, none of the certificates
the shares of its stock outstanding prior to the filing
of. Its
certificate of
reduction
of
capital has been overprinted or
exchanged, and none of the accounting entries authorized in con¬
been
„
of
of
Nov.
for
issued.
be
stock
share,
per
June
on
-value
par
Y
from
between
The
,
Chicago Stock
The
representing
has
The
Mack
company
therewith
.
the
on
cents
,
on
given the previous
Island, and
nection
Acquisition—
number of class A share's still outstanding the company
stock
pre-;
agent
to
were
legal ,tproceedings
•
Exchange to delist both the class A and the cer-*
deposit.
* *.* "*\7
""
; IThe exchange, offer, was made
irt.connection with a recapitalization plan effected early this year.
Under it, holders of each share of
class A sfock
received 1.4 shares of new $2.50 cumulative preferred
exchange or transfer, such stock certificates were to be stamped or
overprinted with a legend setting forth- the amendments, changes and
alterations provided in the certificate of reduction of capital, or new
stock
.>'.
<
Corp.—94.45% of Class A Exchanged—
by 94.45%
tificates
to
Stock
or
common
this
against
used
be
Island.
Long
record
on
; *
„
10
amount
approval of
corporation
small
of
shares
12
to
was
of
for
shares.
common
new
each
-
capital
reserves
of
no
presented
or
stock
reduction
and
to
share
one
The
offer
preferred: stocks
the companyi was
its. preferred and
longer to be issued or transferred, but
certificates representing shares of such stocks
were
time,
stock
of
*'
1
the
Mcngei-franchised
the
(a)
that
things,
unaffected;> (c)
common
basis
preferred
the
representing
surrendered
new
the
depreciation
stocks
to
of
on
of
$2,045,360
•
,
Dec.
.
cumulative
such
on
-to ;remain
were
shares
stockholders
common
stock
1944,
503.800
arrearages
•-vj'ta'iq V Viv,
*.', to:,V Oct)
of
of, 10 "cents per shareto holders of
record,
dividend
a
payable
inaugurated
on
and
common
'
T*~
McCord
Island's outstanding 253,800 shares of 7%
and
preferred stocks was to be reduced from $100 per
share to $60 per share, and the liquidation, redemption, and dividend
rights were to be'determined upon such reduced par value; (b) the
dividend
\ $2,184,405
$317.6,6*
$156,965
"
2274.
the
$3
Mengel Co., Louisville, Ky.—Extra Dividend—
directors
share
on
assumes
Long
accumulated
13,785
'9,180
were
payment
of like
(The)
The
per
declared
'
,
The company has
of
provided,
'
income.
oper.
Utilities
consolidated
that
the
of
the plan
Island,
(fiet Dr)
68,938
15
par
preferred
stock
was
declared,
payable Dec< 31,
1945 to
holders of record Dec.
12, 1945.
'
•
.
petitioned the Massachusetts department of Public
the acquisition by this company of the North
Shore Gas Co. and the sale by the Lowell company at not less than .#!;
Furniture Shipments Soon—
,.*,.
;
i -It is announced that shipment* of
par of not in excess of $165,000 of 25-year 3 Va%'• bonds or notes,*for
''Mengel Eermanized Furniture,"
the
the purpose of effecting,-the sale.—V. 162, p. 675./
company's branded line, will start early in 1946 to the initial
7 •
cumulative
-
765,563
stock,
"
initial
an
Nov.
on
capital
23.
distributions
3,861,400
782,359
$2,968,541
$400,387"
$232,384
,*.-66,239'
V^ ••
Lowell Gas Light Co.—Proposed
stockholders
the preferred
to
rents
ry
7.*,
capital which Long Island filed
on
Dec.
16, 1944, with the Secretary of State of New York, and
with the approval of the P. S. Commission of■' New York, has become
certificate
directors
the
on
Nov.
$7,462,860
764,000
82,433
$498,687
opers.
taxes—
income
(net Dr)__
—V„ 162, p.
.
'
(W. L.) Maxson Corp.—To
Pay 10-Cent Dividend—
The
$1,247,236
$2,324,707 $16,625,540 $17,619,661
748,549*
1,077,887
9,170,235
10,156,$01
oper.
rents
Jt.facil.
Island,
With
■
*
-
1945—10 Mos.—1944
in its earned
no balance
have
consummation
corporation is
Long
corporation
v.
2645
-
*
•
Equip,
and that the new common stock is to be distributed
to the preferred and common stockholders of Long Island and the
preferred stockholders of Queens and Nassau. •• >/ : .*
X fc"...7
YvY'
a
ry.
tax
ry.
Railway
Upon consummation of the consolidation and recapitali¬
consolidated corporation will
account.
solidated
f
fr.
rev
Federal income
corporations and
constituent
the
,
.
10,590,363
share—.
corporation contemplates the refunding of such of the presently out¬
standing funded debt of each of the constituent corporations as may
be deemed desirable and advantageous. ,,■* ,/7\*. 7
7-ci,.- 77
•
-The plan provides that all of the new preferred stock of the con¬
of
'
■■
reduction
zation,
of
'
Dividends
.;■>«,.J-
•.
per
of the par and stated value of their capital stocks, an
surplus will be created on the books of the consolidated
corporation which will be utilized in full to effect certain accounting
a
•
($100
unearned
of
-
■
1945—Month—1944
Railway oper. revenues.
Railway oper. expenses.
.»,
~
the
-
Period End. Oct. 31—;
*'
.
1,059,036.3 shares " (no par) stated at $10
(
the following
of the plan,
,V
•'
Arkansas Ry.-^Earnings—
'
Louisiana &
corporation
consolidated
the
have outstanding, upon the* effectuation
and classes of stock:
■
amounts
'
'
■
from
Net
railway
From
Gross
by
Net
se¬
Net
—V.
1,021,767
851,034
482,134
23 *96 891
income.*———_.
1*—
railway
$2,775,857
1,598,869
25.698,481
5,320,578
7.595,325
2,oil,
5,382,463
January
from
from
ry.
operating
1944
$3,616,714
railway
railway.
railway
oper.
162,
p.
/
:
—-
—
income—.—
2151.
;
'
THE COMMERCIAL & FINANCIAL
2646
Missouri Pacific
RR.—Earnings—
Gross
ry.
railway——
from
Net
2,252,941
income—
oper.
from
ry.
^-V,
162,
p.
record
Dec.
1.
cents
per
share
186,225,229 143,799,935
83,557,286
85,218,595
61,638,819
28,753,907
33,746,290
41,298,902
26,017,011.
income
2151.
;
value
par
of
162,
15
Dec.
2019.
;
.
of
payable
and
1944
15,
12
cents
and
inc.
Retirement
1945
'
■
..//
■
1944
$3,252,973
$3,188,137
See
$2,418,904
2,614,286
2,443,142
profits taxes-
308,114
445,087
1,810,853
287,265
63,339
accruals
reserve
Textron, Inc. below.—V.
53,525
Nashua
1941—IIIIZIIIIi——I——
of Bonds—
shares of
$246,384
$269,290
105,958
79,596
109,684
$373,192
$325,979
stockholders
59,713
57,843
so
held,
stock
deductions
''
-
$266,266
dividends
36,000
Federal
♦Includes
225,000
tax
filing of .consol.
savings from
,,
'
Executive Vice-President.—V.
as
'■
'
,
,
$11,612,641
$1,973,864
2,748,589
1943—:-
35,666,953
3,462,461
2,131,445
32,265,329
3,782,602
4,885,686
5,137,695
673,406
886,111
—_■
22,017,294
1,910,464
6,803,169
1941_
6,861,485
958,030
:
—
,
in
/
iy
,
"
...
1
498,181 "C-
1,069,000
tFed.
and
taxes
inc.-
on
•Reduction
I
istereel—r !////•
V
$150,000
J 584,961
866,016
% 1,282,745
.
and
Net
from
Net
ry.
Gross
Net
$2,713,407
$4,795,103
1,241,919
2,890,336
1,664,430
$1,471,488
$1,904,767
365,947
383,102
493,647
___
ry.
—V.
$2,006,571
510,803
The
before
surp.,
tax
adjust.
$1,495,768
be
L-
625,808
690,586
405,200
397,800
Bal.
<
as
$1,031,008
above
per
loss
•From
sale of
on
$1,088,386
tReduction
in
Federal
taxes
of certain
by
Federal
signed
sity
proclamation
a
certificates
shortened
to Sept.
of
to
period:
29,
facilities
On
which
the
from
Studies
taking advantage of
969,768
554,400
526,000
$1,411,120
due
under
Sept.
generally
amortize
viz.,
1945.
income
on.
Government.
the
856,720
'
$1,495,768
transportation properties.
five-year period
cost
amortization
to
such
over
certificates
facilities
over
will
be reduced
of
amount
by approzimately $1,700,000,
reduction
in
Federal
taxes
of
fore¬
a
to
funded
of
the
However,
company.
in
accordance
With
orders
Oct.
Montana Power
Operating
Operating
Federal
revenues
$1,322,205
____
expenses
of
taxes
230,526
Other taxes
Prop,
126,594
retire.
1,547 ,611
investments
125,000
166,398
'
Net
.v.:
income
■
'■
.
Gross
Divs.
$430,265
$447,126
6,264
$451,338
188,151
162,
the
common
Dec.
pfd.
$6,386,312
$6,511,150
for
.rnuf rte'Hre®f 5ar
nnn
2,415,818
2,463,165
$3,970,494
$4,047,985
periods
prior
to
/;
.
957,534
f 957,534
,
Dec.,
14,
Co.
,
.
of
New
The
York
has
been/appointed
of
an
first
initial
■
Je2Jnd' °ct-31l94tr3 Mos—1944
Pr",Pf°r kSTVnd'Siir tl6'3ra'370
taxes-,.
3,485,000
profits taxes
1945-9 Mos-1944
4,965,000
8,630,000
13,160,000
8,510,000
9,735,000
when
$6,004,370
•Earns, per com. share-
$1.08
common
$1.30
shares.—V.
$2 56
$2.48
162, p. 2396.
(G. C.) Murphy Co.—To Pay Extra of 50
Cents—
°n
share
of
$7,133,047 $14,405 472 $13 979 784
the
on
record
are
also
holders
The
Dec.
of
preferred
holders
of
10.
Regular
paid
record
usual
N0VV^20, declared
stock, no
common
being
on
Nov.
quarterly
stock.
p9r
record
this
20.
21,
\
an extra dividend of 50 cents
per
par value, payable Dec
21 to holders
quarterly dividend, 0175 cents per
issue,
No
was
the
extra
dividend
$100,
Dec.
new
a
which
of
*
.
Net
of
15
and
share
per
to holders of
17
June
on
15
cents
last,
Dec.
15,
of
also
1945.—V.
last
was
$1.18%
shaS
one
paid
Dec
on
in
per
share
declared, payable
162,
p.
2275.
to
1
stork
cents
on
especially
2275.
p.
on
Jan
the
2
*
4%%
1946
'
to
company
Cohn
&
per
SALES
over
AND
1,3X4
subs.^__
$851,883
& Light Co.
5,258,045
$4,273,612
$4,444,308
"
of
in
$966,218
$4,442,195
$4,272,298
851,883
1,201
966,218
4,272,298
5
4,442.195
2,404
$853,084
$966,223
$4,444,599
$4,272,913
,110,829
above)-
86,921
364,358
346,146
6,889
50,700
$4,073,352
$3,875,556
615
—
—
511
deductions
Cr3,411
tax—
surplus
dividend
or
$745,666
—
whether
to respective periods
,
OF
STATEMENT
INCOME
(COMPANY
u
$606,094
5
$151,243
$150,047
81,219
$608,498
Cr870
Crl96
2,146
9,683
-
1,201
102,016
income
ONLY)
1945—12 Mos.—1944
$1,465,391
2,404
615
1945—3 Mos.—1944
$150,042
$150,042
subs.—consolid.
fr.
Other
$879,302
requirements applicable
unearned.
5,898
22,864
•
Total
incorporated
was
a
are
modern
the
for
of
not
the
7,500
—
(excl. inc. )—
taxes
—
$1,466,006
339,348
322,315
3,740
20,091'
'
.,
•-
deductions—
etc.,
Federal
Net
income
Cr~3~4U
tax
50,709
$237,251
$63,126
$43,825
income.
511
6,889
$1,068,648
Dissolution Plan Progress Reported—
Ind.
Indiana June 25,
in
high-grade
from
1940,
using
houses
cash
in
plant
-
Pennsylvania
speedy
available,
and
largest
houses
it
is
manufacturers
in
EARNINGS—Sales
the
and
last
five
in
to
8
of
Co.
subscribe
issue
will
to
new
rights
common
its
to
stock
common
$10 a
at
raising $18,000,000 with
v
which
restrictions
ment
National
subsidiaries
and
it
Light
&
Power
stockholders
mon
has
imposed
probably
on
Pennsylvania.
will .distribute
January,1946, Its investments
then dissolve.—V
162, p
1894.
-
'
rata
pro
in
in
to
■
-V
com♦
various
its
I
;
the
of
that the
particular field,
National Refining Co.—Will Sell Oil Business—If'
;:
-■•
The
.had
company
'and
27
announced
that
its
of
board
directors
sale of
its oil business and oil properties to
associates, who will, carry on the present refining
marketing business of National under the present company name:.
that it was understood the consideration would be "in the
added
It
'neighborhood
The
,
Nov.
on
approved
the
Gilroy and
Wallace
sale
National
expand
of
will
$3,000,000."
place about Jan. 1, at which time the present
Co. will change its corporate name.
It expects to
take
Refining
its
activities in the textile and other fields.
President of the Interstate Gas Co. and the
.Mr. Gilroy is
Interstatb
Co. of Lee's Summit, Mo., and will head the National
Refining Co., which will continue marketing of the brand products
Enarco, White Rose and
Nareco.
It is also planned to modernize
Pipe
its
Line
refinery
at Findlay,
Ohio,
the announcement said.—V.
162, p. 784,
believed
its
years,
earnings after
Dec.
Light
&
Powsr
purpose
.
V
fabrication
generally
on
the
for
shipped
at
efficient
rV
stocks have
The 75%,
preferred
which to adjust tho
property accounts to satisfy Federal Power Commission original cost
requirements. .
"
'
'
•
'
;
"■-■/ (/
The rights will be exerciaible until Dec, 23.
Pennsylvania will issue
the new common stock on Dec. 31 and will call the 25% of preferred
stocks not
being exchanged for" new shares. -V "
,
• .
^
'■
1
: Following
these steps the SEC will lift the common dividend pay¬
share
advance,
-
located
Light Co., a subsidiary.
of
757a
of
Pennsylvania, Power's
Holders
stockholders
panelized
are
>
dissolution of the company has been accelerated by
preferred stock exchange plan of the Pennsylvania
the
of
agreed to exchange their shares for new preferred stock.
exchange figure was necessary to insure success of the plan.
the building site and
for
are' sold
for
plan
success
Power &
/"
assembly lines.
the
The
-
the
materials,
which
Pre-fabricated
and
.
owns
income
taxes
.
& Trust Co., Lafayette,
constructed
are
designed
having sold
2,113
(as
Balance
earned
Int.,
materials.
one
596
income
•Full
-
Other
Shumaker, Inc., Indianapolis,
share 40,000 shares ($1 par)
insurance.
is
624
•,
to
Expenses
was
figures
$966,814
Period End. Aug. 31—
the east edge of
Lafayette, Ind., the plant covering an area of approximately 65,000
square feet and is equipped with new modern machinery and facilities
necessary
$852,507
$9,531,657
v
Power
& other
Inc.
unable to do any direct manufacturing, but had to
largely sublet government contracts on hand to other manufacturers.
The fire loss was adequateliy covered by insurance, including use and
While
1944
5,127.909
on
record
compared
29,
1942.
company's original plant was destroyed by fire Feb. 8, *'1944,
a
period of six months pending the erection of the new plant
company
$9,572,217
1,304,303
——-
Federal
.
The
:
■
$2,271,117
_^.i—
equity
Int.
for
occupancy
i
8,304,894
1,170,830
public-
applicable
.Total
houses are sold to or through Price & Price, Inc., and
Inc., credit is extended for periods generally not ex¬
company
•»'.-*
w
8,184.937
«1
• „>
.
to
Other income
plant at
Is esti¬
ceeding 15 days.
Any financing in connection with the erection of the
house is done by the dealer.
/
the
I
f
2,062,188
$2,023,337
j
divs.
National
■
applied
Builders,
and
$4,333,305 $17,757,154 $17,836,551
1,984,339
COMPARATIVE
Tennessee
and Florida.
the
company's trucks
except
■
$4,296,684 $17,574,653 $17,721,012
36,621. -' 182,501
115,539
r—
income
common
1'
be
ceilings are insulated, thus assuring low-cost
and real summer comfort.
The Natiohal Homes dealer
United
"'20,648
etc.
Net equity of co.
•
in
The
,
of
.
walls and
direct
$36,195,472 $32,224,784
4,340,000
6,890,000
profit
5,217,147
"
-
quickly assembled. After the house is erected and roofed, hte heating,
plumbing and electric wiring are installed and the exterior and interior
walls and ceiling surfaces, prime coated at the factory, receive their
final painting.
All this along with the necessary; cement work, walks,
finish grading and landscaping is done by the skilled National Homes
dealer—a complete home ready for occupying in • approximately two
weeks.-'
/'
"■
.■O/*/
The
company
sells the houses through dealers /who are'generally
tucky,
(
'
56,817
/;
minority interests
engaged in the real estate or construction business-and at the present
time has
dealers located in Indiana,
Illinois, Michigan, Ohio, Ken¬
& Co.-
.
4,681
'
12,379;-
1
,
$4,007,676
public,
•
Portion
resolution
a
will
of
prepares
the basement and first floor after
sections are shipped directly from the factory to
corporate
6,434.632
5,953,757
$4,292,003 $17,562,274 $17,700,364
'
panelized exterior walls, partitions, ceilings and roof sec¬
exterior
J-
,
°
Homes
winter heating
,
1945, Pursuant to which
*
i
Montgomery Ward
on
•
sale
tions—built by expert craftsmen on the National Homes'
whoily-owned
mortgage bonds. 2%%
1975, has been authenticated and delivered.—-V.
162, p. 2152-.
•Based
»
Balance
immediately began the business of pre-fabricating houses.
National
$3,090,451
consolidated
1944,
to
■'
1,152,450
1,621,628
4,662
$3,950,859
(net)----
income
int.
•
1945—12 Mos.—1944
„
at $6.75
offering
162,
loans.^—V.
'
-
Balance
•
Co.—Declared 25-Cent Com. Div.—
COMPANY—Corporation
and
Co.
of $40,000,000. principal amount
income
/
construction
made
1944,
Transfer Agent, Lafayette Loan
Payin8 agent under tl\e.y company's mortgage
nin
20,
plants
income-
income
'
now
;
shares
18,000
value, payable Dec.
1943.—V, 162,
capital stock.
207,132
Trustee Appointed—
series due
k
-
the
dividend
was
$3,946,197
'
Gross
.
National Homes Corp., Lafayette, Ind.—Capital Stock
company
Trust
a
revs.__
-•deductions
Nov. 27 declared a dividend of 25 cents per share
stock, par $1, payable Dec. 20, 1945, to holders of
1945.
A similar distribution was made on Dec. 20/
Offered—Kiser,
and its former wholly-owned subsidiary,
Co., and including for period prior to Jan. 1
1944
operations of the company and its former
The Guaranty
those
.
adopted
construction
of
.;///:;vV/-
Dec. 30,
$453,390
subsidiary, Great Falls Townsite
Net
8,
on
standardized
consolidated
the
of
bank
^
of
432,169
1,400,444
of
lease
Operating
Other
on
are
$263,187
the
par
Dec.
2396.
p.
and
1944,
$3,012,960
of
no
distribution
on
221,810
•
NOTE—Including
Excess
cents
$6,421,124
90,026
'
income—_
operations
jssue
similar
A
20
on
Glacier Production
,
3.
$246,258
stock for period
;
to
cost
declared
National Gypsum
2,048,125
$6,164,502
21,073
revs,—
etc., charges__
applicable
of
sale
the .company
the
have
stock,
common
—V.
9,835
Balance
•
directors
with
2,896
1,093
.-.V
•
fr.
Fed.
(net)
income
Interest,
Net
,'
to
__
appro.
res.
operating
Rent
1945
oJf Addi¬
and
-
,
directors
the aggregate cost of
$360,000.—V. 162, p. 2396.
at
record
adjusts.
operating
Other
and
of
payment
the
listed
/
taxes
Total expenses
Amortiz. of electric plant
acquisition
be
to
"
board
issuance
of
part
$21,405,857 $20,678,692 $86,987,528 $84,858,677
11,665,251
11,135,909
45,498,641
44,132,794
2,830,443 r 2,515,653 ■ 12,327,765
12,100,789
1,131,353
1,113,499
4,492,641
4,490,09$
//(net)
authorized
has
Ohio,
580,110
1,603,579
322
-
is an¬
will
It
for
Inc.—Listing
authorized
the
proceeds
:;r, The directors
Amortization of limitedterm
the
for
payment
the
135,148
this year.
dividends
National Gas & Electric Corp.—15-Cent Dividend—
12 Mos. —1944
&
deple.
oppropriation_
reserve
Fibres,
shares.
1945,
the
/1945—3 Mos.—1944
revenues.—
retire,
Net
:;a/-'.;
.,
mated
$1,600,385 $18,364 ,531 $21, 710,347
437,290
4,848 ,284
6, 025,770
414,423
4,181 ,824
635,218
408,405
1,
total
plus a cash pay¬
call price of the old
$105
the
7
acquisition adjusts.
Prop,
' I/
Exchange
previously
towards
Dec.
1945
,
Stock
Findlay,
Co.—Earnings—
1945—Month—1944
19,
net
The
The
Period End. Sept. 30—
'.
•Pfd.
806,104
for,
providing
appropriate regulatory authorities, an amount approximately equivalent
to
such
reduction
will
be
appropriated
to
reduce
debt
discount,
premium and expense account.—V. 162, p. 1286.
i
the
stock.
be
surplus)
arising from special deduction of redemption
discount and expense in connection with refinancing of Tne
debt
Federal
of $1.10 per .share/payable
Distributions of 25 cents
^
Automotive
York
between
,
taxes ;•»—_•
Amortiz. of electric plant
Oct.
and
2
of
part
x
those
including
1945
year
$450,000
July
2,
15.
Dec.
gain" dividend.
//
20, 1945, the company changed
New
applied
to
premium,
April
on
dividend
'' ■;
share-for-share basis,
a
for
and
'
Other
(Md.)—$1.10 Div.—
Co., Inc.
a
record
of
substantial
a
on
difference
Operating expenses —i.
listing of 18,000
additional shares of common stock (par $1),
upon offical notice of
issuance and distribution, making the total amount of common stock,
The
representing the estimated
(exclusive
made
that
Feb.
On
On
income for the
declared
"capital
National
beginning of the amortization period
being made to determine the advisability
privilege.
on
Securities
have
the
preferred
Operating
tional Stock—
the
this
4,474,592
,
stockholders
to
were
a
a
issued
are
tThe amount provided for Federal taxes
credited
p.
old
Net
29, 1945, President Truman
permits the holders of neces¬
of
income
2152.
-V.^160, p. .630.
w
necessity
4,065,096
preferred
Period End. Aug. 31—
its name from Nation-Wide
Securities Co. to Nation-Wide Securities Co.,. Inc;>and reclassified its
stock, each share of 25 cents par value stock being converted into
l/10th of one share of $1 par value stock.
:'
The old 25-cent par stock received 6 2/10 cents.per share in 1944.
special
—
tSpecial tax adjusts.
.8,089,769
3,057,854
32,683,770
railway.—
directors
24
each
$1,411,120
stock and
/
'•
162,
nounced
$1,088,386
12,940,031
2,955,040
/!;; /' ■: -%'■:
•/-'Subsidiaries—
railway.
oper.
';
>•
RegW
> National Power & Light Co. (& Subs.)—Earnings—
,
Nation-wide
v
&
$1,031,008
7,733,245
35,563,738
9,157,932
24.140,521
,,
,
new
equalling
571.'
p.
1,421,572
840,155
34,864,315
421,024
.
,
par)
cumulative
of
1942 %
: •
•
•V 1,525,319
207,225 /
75,259
1—
"
preferred plus accrued dividends, and the offering price of the new
stock.
Unexchanged.shares will be publicly offered at $103 a share by
Clement A. Evans & Co., Atlanta, Ga.
,
The company will use proceeds to redeem all
unexchanged share*
$3,878,915 i $3,354,935
840,010
237,313
!_
income—
Ind.
has filed a registration with the SEC for 30,000
4'/a% cumulative convertible preferred stock,
vf/;
stock would be offered to holders of the company's $5 and
($100
ment
^
'
Dec.
including
adjust—
tax
com.
from
Net
$3,671,001
1,229,294
—
stock
from
'-1943
,V
$3,669,891
$2,825,148
railway!
oper.
From January
11,410
29,695
8,107
v..
railway
-
$3,659,591
$4,765,408
$1,396,955
surp.
for
2,075,400
.
$2,626,249
com.
spec,
Bal.
1,877,300
from
for the purpose of
company
corporation
The
$7
1,412,283
./__/—
The
shares
Ry.—Earnings—
1944'
1945
October—
Gross
.r ■1
dividends
for
$2,705,300
26,500
'
income
Bal.
1,588,500
Crl,247,000
deductions
Net
1,325,218
$2,599,749
income
Preferred
1,509,800
:
';v
income
inc.
*•'
Total
,
1,214,240
.
>■>
v,
Gross
1,449,200
976,000
1,507,800
Operating
Non-oper.
1,139,800
877,000
depl.—
funds of the
National Linen Service Corp.—Preferred Issue
/
^•9 months ended July 28.—'V, 162, p. 1395.
Nashville Chattanooga & St. Louis
income
Deprec.
the general
to
.
1,179,888
than Fed.
added
be
West Lafayette,
or
'
other
Taxes,
24.050
,
$474,704
325,000
465,000
360,000
2,139,857
33,617,593
4
$15,820,347 $16,611,382
$12,433,406
expenses—..
Maintenance
—.
//■ Officers and Directors are as follows: James R. Price, President and
Director: Karl H. Kettelhut, Vice-President and Director; George E.
Price,
Vice-President;
Frank
A.
Tedford, SecretaTy
and Director;
Alvin H.
Huth, Treasurer and Director; George R. Price, Director;
Dr. H. N. Swezey, Director.
All the above are residents of Lafayette
^-Conting.v Net Prof;
Taxes-'
1942
<
1945—12 Mos.—1944
1945—9 MoS,—1944
\
t
,
1'
$1,349,160
1,838,628
1944
Operating
'
...
"
*Net Sales -Taxes
♦1945—$23,590,678
Sept. 30—
Operating revs.—
^
,
Monongahela Power Co. (& Subs.)- -Earnings—
Period End.
•
26,910
117,455102,367
1,903,580
352,656
providing working capital with jvnich to carry on the greatly expanded
volume of business .which it is anticipated will be done as the result
of removal of building restrictions.
• i •■-.//
V;'-:'v'/-;:-
re¬
584 shares
tExclusive, of
194G.
.
EARNINGS, YEARS ENDED OCT. 31
Profit
162,
will
1945, and Jan; 1, 1946, and
at the annual meeting- of
/I/";/ !•// Btrfore'/'///' V //Deferred
Federal
Federal - ; Maint. and %/
I
■
Broidy
succeeded Mr.
2018.
in
company
OF
preferred stock,
C
class
1,
Oct.
on
?
authorized capital
(Steve)
Treasurer,
I
the
SUMMARY
and
stock
' ;•
•
-"Authorized r' Outstanding
32,781 shs.///*: t32,197 shs.
122,773 shs. -/ */ 108,798 shs.
1
„
of the company.
treasury
Broidy, Executive Vice-President, has been elected
President, succeeding W. Ray Johnston who has been elected Chairman
of
the
board
of
directors.
George D. Burrows, Vice-President and
•<
■<.
preferred
from the
of
•stockholders
p.
first
of
eliminated
be
to
Monogram Pictures Corp.—New President, Etc.—
Samuel
offered,
-
called for retirement
spectively
$97,632
share
offered for each
the issuance and sale of the
the capitalization of the com¬
effect to
now
.
stock (no par)_^_—^
stock, without par value—„
Common
162, p. 1286.
stockholders.
were
pfd.
♦Exclusive
$70,999
stock
common
\
'
$87,174
returns.—
of
Second
133,750
150,000
/
8,
right to subscribe for four-tenths of a share of common
per share on or before 3 p.m., Oct. 26, 1945.
J. Arthur
Co. was the principal underwriter.
will be as follows:
pany
Oct.
$60
<Sc
shares
36,000
•.
|v |j
recently
stock (no par) was
record
CAPITALIZATION-1—Giving
$321,131
33,078
dividends
Common
«-V.
$279,860
income L--1-
Net
Preferred
'
the
at
Warner
income
Gross
Income
of
$378,974
93,332
(net)-—-——
income
$32,749
consisted of an
1,000 shares (no par), subsequently Increased on Dec. 29„
1941, to 30,000 shares, of which there were outstanding on June 30*
1945, 605 shares.' Since June 30, 1945, the company offered its present
stockholders the right to subscribe for an additional 395 shares at $225
per share, all of which rights were exercised and netting the company
$88,875,
making
1,000 shares outstanding.
On Nov. 6, 1945, the
authorized capital stock was increased to 200,000 shares ($1 par) and
the
existing 1,000 shares were split 100 for
1 and exchanged for
100,000 shares of $1 par value capital stock.
At the same time the
company's name was changed from National Homes Corp, of Indianato National Homes-Corp.
40,000 shares of the remaining authorized
100,000 shares are being sold at $6 per share, netting the company
$240,000, less certain expenses incident to the issuance and sale of
the
same,
which are to be borne by -the company,
estimated at
approximately $3,500, which funds,-together with $88,875 proceeds of
the sale of the 395 shares of old no par value stock above referred to
Offering—A total
Co.—Stock
common
offered for subscription to common
51,496
.
$267,2,34
income—
operating
Utility
Income
CAPITALIZATION—Company's original capitalization
;
2396.
162, p.
Manufacturing
of 31,085
Common
♦Other
Sales
$834,351
1943
—
deductions—.
excess
Net
3,647,257
Peoples Gas Light & Coke Co. below—V. 66, p. 427.
five
last
3,002,550
holders
15, last,.
June 15,
'
Ended Sept. 30—
Sperating revenues
perating revenue
Fed.
the
profits taxes for
been as follows:
excess
have
30
to
on
Nashawana Mills—Offer for Stock Withdrawn—
12 Months
and
June
,
Mutual Fuel Gas Co.—Redemption
See
income
ending
years
authorized
Service Corp.— -Earnings—
Mobile Gas
fiscal
cents per share
Dec.
35
Federal
stantial
■.^Va.'/
-
65
with 35 cents paid on June
compares
on
'
dividend
a
stock,
common
This
p.
declared
195,594,618
188,216,035
74,142,523
railway-.:
oper.
$10
Nov.
on
65
1944.—V.
Gros$> from railway—_
Net
directors
the
on
1—
Prom January
Net
The
$20,519,577 $19,706,457 $19,436,941
8,833,985
.8,754,330
9,777,028
3,147,788
3,063,320 .' 5,466,665
railway—- $16,947,452
5,638,453
from
Net
Muskogee Co.—65-Cent Dividend-—
.
1942
1943
1944
1945
October—
1945
Monday, December 3,
CHRONICLE
,
payment
,
of sub-
National Securities & Research
The
National
ending Oct.
31,
Securities
series
Corp.—Report—
'
the
period
semi-annual
report
for
1945, just released, shows the aggregate
market value
Volume 162
of
the trust net assets at
of
•
!•-
$10,780,216 since April 30,
also risen
to
v
•-
Bond
>,
$7.37
Low-priced bond
7.87
7.77
Industrial
stocks
Low-priced
"Value
.The
,
**':,
RR.—Earnings—
on
is
' *7
<-r —
6.03
r
V,
4.87
Ry.
oper.
revehues^_-_i
51,814,639
6.80
Ry.
oper,
exps.—-
43,805,104
^*v.Mvfl.85
-
ir,V"4Mi,b5!
Aug.
17,
'i, Net i.
7 :'•/.•■•:
"Ry
".7
rents
y_;—\
_
"
Vy
|
'
conditions
porary
time.
.
;
'
15,312,620
.46,440,907
16,889,461
56,538,752
-'
■
that
63,330,368
1,414,279
73,098,853
3,018,017
3,702,481 ;:y 37,338,456
38,953,^69
inc.—4,361,723
income'—/
1,519,894 c
ry.
these
be adjusted over
is progressing with
that may be the result
oper.
-
•
6,601,487
312,316
,
bright.
As far as can be seen ahead the speed of reconindustry to war-time production will be surpassed by the f '
speed pf reconversion td peace-time acUvities.M—ry. 162, p. 2152. : ,
>
2,588,670
"Includes
-;>and excess, prof .taxes Crl,322,132
shares
of
4>/2%
cumulative
preferred
stock
f f are .issued and Outstanding.-r-Vj 162,"
(par
■
which
all of
$100),
New York,
;/ Period End.
.National Vulcanized Jibre Co.—Trustee—
f?Pt.
i
l.
:
I960.—:y,
162, p.
2396..
t'v
.
-
The
-
directors
have
voted
call
to
for
all
of
the outstanding shares of 8 %
share and dividends.—V.-. 162, p. 2186.
t
! '•
Fed'.
-.
redemption pn Jan. 2, next,
preferred stock at $120 per
.
v
Bal.
me
income
(net)
(net)—
other
taxes.
Federal
inpome- taxes
$1,561,635
income
162,
——442,469
$l,036J54O
Gas
week
ended
Nov.
.•
The
Board
-
of
i
pressed
the
at
162, p. 2186.
2397.
Total
Oross
operating
income
Other
~
revenue
Net
Subs.)—Earnings ^
•
1945 :7- 7' 1944.':\" v.
$56^904,988 $56,705,"829
,731,919
^ 644,476
——
—„,.U
the
Stock
York
New
held
at the
earnings
gross
25,497,633
-i---
JWaintenance
.
.
v:
Taxes, other than Federal income
•Federal taxes on income——
—V.
^
8,845,662
"5
$2,600,952
1,988,773
i————
declared———
ry.- Oper.
"After
fixed
Sale of
income--.-
:
.
Operating
..
Exchange
in the
issue
Noma Electric
ex¬
15,681,900
f
oper.
Operating
Operating
.
11,942,147 f
Net
operating
income
7,579,097
See
Net
from
from
1945
railway-
1944
$1,002,375
railway——
.
Net
oper.
ry.
income—
From January 1—
from
Net
from
Net
ry.
:
123,829
,
Excise
$454,254
210,412
4,554,410
income.—
70,983
4,858,189
2,116,494
796,207
;
,
102,010
•
;
169,012
920,323
777,937
98,975
New Orleans Public Service
5,442,406
i.',
226,130
20,966
5,955
191,350
Gperating revenues
^Operating expenses
Other
$2,460,706
1,061,242
576,403
263,093
taxes
Federal
"
taxes
Chgx. in lieu of inc. taxes
Prop,
Net
retire,
res.
(net)——
income
$265,468
102,863
-y ■:
■
1945—12 Mos.—1944
'
$3,560,373
■
$3,775,357
8,318
,-y
——
In ter est ■ '■ —■r-
$314,300
$314,300
144,044
$3,560,373
1,451,561
.—i..—
.
,
195,904
:
—
'
State
6,370
2,933, f
' ■1
North
$3,783,675
2,189,649
.
whiGh ithe
for
corporation
the
Section'
of
>
of
17
(a)
of
the
corporation
an
-f
.
to
Mr.
the
McGrath said,
of
Act
purchase
1940
357,971
no
act
which
by Pres¬
high tribunal in
"consists of 80
sold
all
over
American
consideration
of
1®
of a product acros®
other commodity in
■.
appealed to
has
been
the high court almost three years ago
delayed because of lack of a legal quorum
162, p. 2397.
:'v
■'
•
"
..
V"'
'
(& Subs.)—Earnings
1945—12 Mos—1944
Period End. Sept. 30—
1945—9 Mos.—1944
Operating' revenues
$39,196,195 $30,174,778 $52,081,340 $48,309,436
17,359,177
16,271,431
Operation
12,907,159
12,023,068
Maintenance
2,179,235
1,735,368
3,030,340
2,213,930
3,798,750
Depreciation
Taxes
v.
application
the provisions*
shares
perform
asked.
States," the Solicitor-
United
"They are engaged in the sale
different from the sale of any
.
.
an
transaction
the
officials
company
York," Mr. McGrath
are
commerce."
six judges.—V.
Fed
a
New
Northern States Power Co. (Del.)
'/'.y
.
pn Dec. 3, 1945,
order exempting from
Investment
proposes-
concern,"
3,318
.
Vv: f
lines,
interstate
"
Newmont Mining Corp.—Bearing Set—
filed by
"
begore
physical
every
securities
added.
General
$1,135,347
^ The. SEC has scheduled for hearing
$2,482,373 $30,338,741 $30,103,"226
1,123,011
13,775,866
13,996,152
477,511
6,299,345
4,396,186
273,051
3,179,157
3,097,531
CrlO.OOO
1,307,000
234,500
3,534,000
3,534,000
$265,468
revenues-
oper.
Other income
Gross
294,500
appro.
"Their
20,629
$1,111,349
:———- —
•
he asserted.
recently appointed
argument
no
Mr. Hughes.
North American system,"
outsidenof
done
371,027
97,091
; w
,
2020.
McGrath,
first
his
to
when
merce,
222,968
.
99,262
•••-
p.,
Howard
J.
made
commerce.
"
p
$346,968
162,
intrastate
companies stretched across the United States, some of them
companies themselves.
The companies operate in 17 State®
and serve 3,000,000 customers."
"How can North American say it is not engaged in interstate com¬
150,135
$1,108,415
"f
or
retain the ownership of property is charac¬
by the laws of the States, with whicli
different
1,141,793
*378,606
————-——
————
Income
or
holding
$3,341,269
,
142,998
-;v
.
;
deductions
own
General
Truman,
sub.)
762,876
—V.
1,302,085
Inc.—Earnings-
1945—Month—1944
ident
1944
a
,
Net>incomey-Jl.-——$348,473
■
1,462,003
Solicitor
,
'■■■" '>—^
$1,138,666
791,697
Total
9,513,457
interstate
not
right to
"The
$3,340,571
1,166,885
.
v-r—~
earnings
consideration of the Issue after hearing argu¬
by the North American Co. from an order, by
itself of all but one of its utilities systems.
Hughes; Jr., attorney for North American, argued tha*
appeal
'
Water Service Corp.,
1945
—-————,
taxes
E,
is
"The
•
-
an
teristically a matter governed
the Federal Government has
Corp.—Earnings—
Other income
*155,266
'
Sentence" for Utilities
Co.—"Death
ownership by one corporation of securities of other corporation®
itself
replying
—
——.—
the
in
3,623,713
1,584,263
2,265,697
.
V;v'-iy;v-Af
622,386
162, p. 2186.
-Period Ended Sept. 30—
J
.1
that it divest
Charles
182,325
4,883,859
oii'
the SEC
1
;,
revenues
taxes
Net
$1,104,721
10,831,257;' 12,112,449
4,659,608
6,683,919
996,440
oper,
233.
p.
tribunal began
ments
$414,903
94,266
Social security
taxes—
^—
J.
Capital stock taxes———
Fed. inc. taxes
(no excess prof, tax payable)-
,
.
3,788,548
.
531,802
Depreciation
Real
property
Income
10,165,814
railway-
"Deficit.—V.
Prepayment—
above.—V. 66,
public utility holding companies under the "death sen¬
of the 1935 Public Utility Holding Company Act was
clause
The
•
90,723
Year Ended Sept. 30—;
1942
$1,283,219
664,607
452,701
American
The fate of
•
;
207,372
1,450,967
Operation
y
railway-
Noma
Supreme Court—Case Taken Under Ad¬
visement After Arguments-r-
1942
'
Gross
is being
a
Submitted to
but
1943
$1,112,945
479,129
.
•
vacancy
2276.
Atlantic Coast Bine RR.
North
-
RR,—Earnings—
*
income—
2186.
p.
Operating
7,058,563
New Orleans & Northeastern RR.—Earnings—
Gross
162, p.
Norfolk & Carolina RR.—Offer of
:v
tence"
1943
V
.
railway——
oper.
162,
Maintenance
.
*
New
•
>
162,
$478,495
31,922
•
New York Water Service
Light Co. to Sell Holdings—See latter Company above.
October—
of
subsidiary.—V.
»
1944
(Including Rochester & Lake Ontario
New Mexico Electric Service Co.—American Power &
•'
from
ry.
;>
«
•
Net
—V.
162, p. 2020.
829,565
1945
^pper. income^—
Net
;
$1,252,821 $12,235,759 $11,079,480
$1,334,255
872,762
inc.—
Net
—V.
and Nantucket.—V.
■
From January 1—
Gross from railway—_
1,0871553M1,789,431 V 13,145,587
1,365,403
taxes
'
,
railway
$290,104
railway—89,640
from
ry.
$3,384,492
$8,613,010 $84,641,772 $77,284,202
•
€^684,834 > 6,272,637
60,616,582
53,059,135
expenses-,.-
Operating
islands of Martha's Vineyard
from
Net
$8,623,505 $84,750,430 $77,375,264
10,495
108,658
91.062
15,974
revenues—
■.''
prior, Vice-President of the Continental Bank & Trust
M.
York, has been elected a director to fill the
created by the resignation of Johanna W. Hamburger, who
transferred
to
the "Pacific Coast to become Treasurer of
Co.
Steamship Line Authorized—
New York Susquehanna & Western
Gross
Telegraph Co.—Earnings—
1945—9 Mos.—1944^
$3,400,466
rev.
Corp.—To Pay 25-Ceiit pividend—.
New Director Elected—
Herbert
:
22,083,001
9,740,142
'
,
the
18,387,523
19,773,442
665,768
.
i The directors have declared a dividend of 25 cents 'per share on
capital stock, par $1, payable Jan. 10 to holders of record
Dec. 22.
Like amounts v/ere disbursed on Jan. 15, March 31, July- 14
and Oct, 10, 1945.
■.
'
»
,
1945—10 Mos.—1944
1,246,464
<
its
RR.r-r-Earnings—
1,676,011
:
1396.
p.
Textron, Inc. below.- -V. 162, p. 2397.'
See
at
*15;079,869 146,060,807 153,012,631
2,058,540
October—
$599,093
1945—Month—1944
revenues
Uncollectible
the
taken under consideration Nov. 15 by the U. 6. Supreme Court.
.
New England Telephone &
Period End. Sept. 30—
reduce
to
was
'
Net
^
'
1944
•
•
.
NonquUt Mills Co.. -Offer for Stock Withdrawn-
charges on
Mass., and the
2186; ' ;
8,646,783
$2,587,867
.1J)88,773
$612,179
.
•
renegotiation, procedure
this
.
Npvpmber 18.—V.
Exchange
1945—Month—1944
• •
^reveniidir—^^13,755,008
oper.
'
v
5,951,138
6,327,197 U 5,177,973
——
balance
162, p. 2517.
1944.
31,
share.—V. 162,
per
this time, in the
The
trustees
were
authorized
Nov.
23 by Federal District Judge
Carroll & Hincks to sell the New England Steamship Co., a subsidiary
of
the
railrpad, to
the Massachusetts Steamship Bines,
Inc.,
for
$75.0,000.
The latter concern operates vessels between New Bedford,
4,620,354
■
Consolidated
.
'
s
.
earnings of the company
(after provision for Federal taxes>
from the $1,383,320 announced in the annual report to $953,917. This
means that the final net earnings for 1944 were approximately $3.21
.
p.
Preferred" dividends
Dec,
The "effect of
.
3,643,655
.
4,302,903
6,063,147
Total interest and other charges—
balance
-
•
ended
'
the present capital structure but excludingrents under rejected leases.
Net income includes accrued and unpaid
w;real estate taxes on Old' Colony and Boston and Proyidence proper¬
ties;
also accrued and unpaid charges against said properties for
Boston Terminal Co. taxes and bond interest.—V. 162, p. 2106.
26,522,533
3,999,410
—r
Consolidated
;
$57,636,907 $57,350,306
—
Operating -costs
■
..Depreciation
Columbus, Ind.'—Re-
Inc.,
.
•
Total
of -the
Q. G. Noblitt, President, in a letter to the stockholders oh Nov.* 21
Stated in part:
j
A renegotiation agreement in its final, executed form, was received
by the company on Nov. 19, 1945, covering earnings for the year
y
■>
f
fine, ayall. for fxd.' chgs. r 2,467,560
•. "Net
income l-fy—z-r;.: 1,470,694
vi'W-/:.:77-;.y
9 Months Ended /Sept. 3<h-
hearing
open
Period End, Ocjt 31—
;
.
**£--5
yyy:---
,'u
■
■
of
New York New Haven & Hartford
a
output for the Nov, 23 week is reported at 140.098,000 cu. ft.,
of 2,534,000 cu. ft., or 1.78%
below production of 142,ft. in the corresponding week a year ago—Vi lg2, pp.
and
Governors
decided not to suspend dealings, at
of the pprnpahy, in view pf interest
stock
common
output
4.40% y;
decrease
7'.■
shares
to
negotiation 3ettl0m^nt for. 1944^
■
$748,000
y
10,000
remaining
each
Noblittr Sparks Industries,
.
-
21
•
Association—Output—
23, this Association reports, electric
is a decrease of 547,531 kwh., or
New England Power Association {&
.7'".
591,867
1 *7/7.5,000
The New Yp'rk Stock Exchange has authpri^ed the listing of $25,- *
982,000 first mortgage ?%% bonds, series B, due Oct. 1, 1975, on .
official notice, of issuance.—V. 162, p. 2275.
£32,000; cu.
1 '.t-V-
5,893,308
,
surplus—ll^_l?r$2,124,332
meeting Nov.
11,910,125 kwh.' This
below production of 12,457,656 kwh. for the corresponding week
year -ago.
v;yv. ,y,.. -r-.
2517
7,585,868
413,650;
.
$1,028,055
,
of
-
$10
3,726,971
0,398,095 v
673,006
.:
•
with the SEC covering
held
were
The
;■■■,
15,930,000
3,439,206
11,554,814
■
New York Connecting RR.—Listing of Bonds—
.
/$l,59a,435 ;$l,576,320\
127,890
y 126,130
New England Gas & Electric
a
■
667.
p.
For the
«'
373,637
1,023,592
•
••
-
under option py certain stockholders.
25,000 shares are to bp offered by the company at
present shareholders and a limited number of ..other
persons, without underwriting.
; The proceeds from the sale of the
stock would be added to general funds.
'
y
$7J)03,399 $5,893,308 ^;
"Includes adjustment of unaccrued amortization
chargeable tp oper-a tingexpenses Of $11,692,623.
y-yy: y.;y .y-; .y.:'''v^: >Vy;;: y;>
$1,565,022 *
11,298
26,799
income^
—
$,448,OOOfCrS,951,000
•
.
-
New York & Harlem RR.—Not to Delist Stock—^
"Net
—V.
from
ters Stocks
net
—
deductions
50,302.269
.
«.
The corporation filed & registration statement
35,000 shares ($10' par).
The company said
$6,421,470 : yfe tflepresents creditadjustment pf Federal income land excess profits
5,064,657" 4,856,447 '
taxes due to adjustment of amortixation of $9,094,000.—v. 162, p. 2186.
nbome'M—^
Total
1944
•
to
5,158,7&7 562,506,588
.
1'
corporation's capital stock is required!
plan to become effective.^-VT62, ,p. 2397.
M; Nickel Cadmium Corp., East Hampton, Mass.-^-Regis-
!
5
to one vote.
two-thirds vpte pf all the
A
; 1943^10 Mds.r^-1944
excess •;
Sinking funds and other
$6,626,293
:
iiii:
Operating income
Other
1045
entitled
for the
$8,304,880 $74,399,601 ■$84,124,145 M stock
$5,843,299
and
^yappropriationay.i.iyl- ^83,033
Bedford Gas & Edison.lJgJitrCo.
12 Months Ended Sept. 30—
income.,
" inc.
:V profits iaxes:; i-yi---tCr9,O94,0OO
Other railway :'t»xes—
: •
253,510
Net operating income—Drl,808,962
Net
income"—-i-i—i Dr2,040,999
\^w<Re<lfnril UaciPIIICAII' Tlfflilrflih _il?.Qrnintfcj
New
Total
operating . revenues—
Total oper. exps., prov. for ret. & gen.
stated-purpose of the proposed transaction is to provide for
adjustments in the corporation's investment account which may
required and to /obviate any legal or accounting bars to tha
resumption of dividend payments.
Shares pf all classes of stock in
the hands of the public
aggregate 10,065,813 shares, pach share being
58,074,342 J
11,191,283
1945—Month—1944
:
Operating j, expenses 5^ "16,189,896
Neptunc Meter Co.-—Calls 8% Preferred Stock—
-
f
•'
Gross
The Marine Midland Trust Co. of New .York has been appointed
trustee for the $3,500,000 15-year ilA%. sinking fund debentures due <"
r,
The
"
.
4,132,786
y
Chicago & St. Louis RR^-Earnings—
Octl 31—
Divi¬
of an order
write-off in
any
,
2397.
p.
■
the fixed capital account of The Niagara Falls Power Co., a subsidiary,
and the commencement of original cost and depreciation studies by
the Public ^Service Commission.
<
October, 1945 accounts'
for
amortization pfv defense projects. Unamortized balance Aug. 31, '
1945,- will be. included in December, 1945, accounts.—V. 162, T- 2020. (
Prefejhred'Stock
National Supply jCo^Listjng <?f 4Vz%
%
'£$>, The New York'Stock/Exchange has authorized the listing of 170,000
J..
NOTE—No charges have been included in the
•
; '
"
Income
Fed.
paid in full, amounted as of the same date to $1,633,087.
dend payments were suspended in 1942, following issuance
by the Federal Ppwer Commission directing ft substantial
.
24,577,633 • 31,137,567
.
ceptionally
of
■,
be
■
version
•
16,56,0,101
will
Business generally
been
15,731,054 ! *'•
4,955,816
1,645,651
Other
appear to be tema reasonable period of
reconversion, and much
Tptal income
5,001,017
.of the loss pf income
Misceh deductions
of curtailed production
.
100,976
in the remaining two months pf .the year can be. absorbed because of ' ■ Total fixed
charges-'—:! y 3,546,809 •
smaller corporate payments of excess profit taxes pn 1945- operations.:
\ "The: longer
' Net'
term putlopk for pur industrial corporations is .ex- ^
income' -—L"
* 2.253,833
wage-price policy for labor and industry,
; >
i:'.
Net
•
-1,4(^,213
1,174,671
•
workable Government p.,
.
,
y\'.
demands for increased wages, and the lack of
a
v.»"'
14,589,947 113,714,196 170,268,017
8|225,918'■: 51,960,669
97,099,111
•
if
.
.ium'i',.11 .'-".'i— ■"
'V.• '''v "
'V1.
8,009,535
2,453,241
•
Equip, and Joint facility l'-'-
.
some
n/.-'V;'.
> >
operations-
acerualsiiy^Ji.
tax
$
$
60,919,835 552,832,857 608,329,276
46,329,888 439,118,661 436,060,359
I..*•;1 ■m.1 "-v.
yfrom
revenue-
railway
"While currently the resumption of proinstances by unemployment, strikes,
part:
being retarded in
$
.y'/yyu-t'/.y'..,.v.;y.y",y,.'V•>, .;A*
<*.'10
(date the funds were started).
1945
Period End. Oct. 31—
•"5-38
4.11
stock—
report states in
duction
r4 **
"
common
1945—10 Mos.-^-1944
■1945—Month—1944
7.32
•
■»
%' "Selected -.groups
made: April 15, June 15.
20 cents.-r—V. 162, p. 2020.
(Including All Leased hipes)
0\
''
•:■:.■•%»;
"4.56
_______
Stock.■-'V'
ii
•
"
9.40
;
6.11
•
*•:' Income'
..
'
8.71
5.57
•
_•
r" : '"Speculative
t
,
$7.39
V;
stock
last.
New York Central
'45 Oct. 31, '45
April 30,
'
Preferred
14,
In-4944,- the following payments were
and Sept. 15, 10 cents each; and Dec. 15,
•
special meetlngrOf the stockholders has been called for Dec. 2L?'
1945, to take action on reducing the par value of the common stock
from $10 to $l pe? share,. reducing the amount of the capital stock
as a result
thereof, and changing the reacquired shares of the cor¬
poration's first preferred stock, 5% series, into common stock.
In a letter accompanying the notice of the meeting, Earl J. Machold,
President, says "it is anticipated that the. accomplishment of tba
proposed 1 transaction will place the corporation in a position to
resume payment of dividends on
the first preferred stock and when
such current and back dividends are paid in full to resume dividend.
payments on the second preferred stocks."
He adds that it is ex¬
pected the proposed .action ".will also. facilitate the eventual resump¬
tion of dividends on the corporation's common stock."
The dividend arrearages on the first preferred stock as of Aug.
1, 1945, amounted to $5,940,900 and the second preferred stocks,
which cannot be paid until back dividends on the 'first preferred havo
A
•
-V-V'.'v
...
of Shares—
cents
Sept.
.
■
,
•' Series—
10
of
Value
Niagara Hudson Power Corp.—To Reduce Par
dividend,
new
,
£ :.
'••
1945,
payableDec. 20 to holders" of record Pec." 10, and a' 5%'stock •
payable Jan,- 22 to holders pf record Dec. 10. Distributions
each were made on the stock on March 22, June 15 and
stock,
high of $34,418,671, an increase
The number of shareholders has
all time
an
high of 18,626 from the total of 12,734 shown on 1
April 30, 1945.
The change in asset value per share of each of the
National Securities Series between April 30 and Oct. 31, 1945 was- as. r
follows:
' ■"
V.-V-';
; ' -V
\ ' ■
;
*•;.
-i.-:;
'
'
'
"
Value '
Value
a
264J!
CHRONICLE
THE COMMERCIAL & FINANCIAL
Number 4443
&
Fed.
(other than inc.)
state inc. taxes
4,460,629
2,892,300
5,180,685
prof; tax
excess
4,998,750
3,600,000
4,239,811
2,008,344
4,220,434
5,807,810
4,757,500
5,653,670
3,863,675
6,703,284
5,493,880
3,693,550
in
the
capital stock of Tombili Gold Mines, Ltd., from the estate of Thomas
Johnson, deceased, for the sum of $71,594 (Canadian), or approxi¬
mately 20 cents per share for such stock.—-V. 162, p. 2186.
Net
operat.
Other
income
95,662
$7,567,751 $10,318,293 $10,225,454
87,796
132,099
116,040
.s. $7,873,098
Gross income
Tot. inc. deducts.-.-—
3,200,971
_
M,777,436
$7,655,548 $10,450,393 $10,341,503
3,271,277
4,146,599
.4,330,262
income—
V
A.
-
Newport News Shipbuilding & Drydock Co.—Declares
Special Year-End Dividend of 50 Cents-^Calls Outstand¬
ing $5 Convertible Preferred Stock—
special year-end dividend of
50 cents per share on the common stock, payable Dec. 24 to holders
of
record Dec.
10.
Regular distributions of 50
cents
each were
made on this / issue on March
1, June 1, Sept. 1 and Dec. 1, this
year.
Dividends in 1944 also totaled $2.50 per share.
The directors also voted the redemption on Jan. 31,
1946, of all
The
directors
on
Nov.
28
declared
a
v
$4,672,127
and
ity interest
$4,384,270
1,073,403
Balance
•
Subsidiary
.
1,073,403
minor-
$6,303,794, $6,011,240
t
.
-
1,431,205
1,431,205
$4,872,589
$4,580,035
2,045,600
2,045,602
1,756,494
1,756,503
,
Net
income
Dividends
—$162,605
$170,256
$2,108,812
applicable to pfd. stock for..period—'369,547
$1,596,026
369,541
Net income
Divs.
Divs.
,
balance
-V.
v——
New York Auction Co., Inc.—To
It
$1,226,485
was
Pay 10 Cents in Cash
in Stock—
announced
dividend
of
10
on
—$3,598,724
pfd. stk.
pfd, stock
1,534,200
•
1,317,369
$3,310,866-
1,534,201
1,317,376
v:Nov.
cents
26
per
that
share
the
on
directors
the
no
have
par
declared
value
of $5 cumulative convertible preferred stock
at
$110 per
share, plus the accrued dividend of $1.25 per share
heretofore declared to be payable Feb. 1, 1946, to holders of record
Jan.
15, 1946.
Prepayment of the redemption price of $111.25 per
totaled
corresponding week last year, an increase of 3.2%.
of
the outstanding shares
6%
share
—
.
162, p. 1772.
and. 5%
cash
$1,739,265
7%
on
pn
may
certificates
a
common
agent,
—V;
140
162,
be
obtained
to
the
by stockholders
Guaranty Trust Co.
Broadway,
'784. "■
p.
New
York,
•'
N.
upon
of
New
Y., on, or
\
v
."
proper
surrender, of
York,
after
redemption;
31. 1945,
Dec.
Weekly Output—
Electric
the company for the week ended Nov. 24, 1945,
kwh., as compared with 44,456,000 kwh. for the
output of
48,875,000
Electric Output of this company for the week ended Nov. 17, 1945,
48.070,000 kwh., as compared with 45,359,000 kwh. for th®
corresponding week last year, an increase of 6.0%.—V. 162, p. 2518*
,
totaled
THE COMMERCIAL & FINANCIAL
2648
North Boston Lighting Properties
Months Ended
9
Gross
operating
Other
Sept.
1945
income
Total
___
$10,195,974
102,030
earnings-
1________a $10,298,005 $10,062,867
-
than
Federal
746,350
735,099
1,233,549
_,i—_
other
508,870
565,969
__
Depreciation
Taxes
4,905,294
5,136,992
costs
Maintenance
1,234,265
—
income-
has
company
"'s
.
filed
Nov.
."
'
with
the
taxes
Interest
and
other
Consolidated
Preferred
—V.
charges
dividends
^
:
balance
Consolidated
1,079,600 .1,063,544
income_____
on.
r___
—
balance for common dividends-
162, p. 1287.
'
.
$560,842
-
directors
and
declared
28
Nov.
on
$618,710
final
a
The
Dividend—
the
for
dividend
25
15
on
cents
Dec.
17
of
total
The
revenues
•
Maintenance
the
Taxes
Fed.
(oth.
Net
>"
;
•
At
after
162,
1517.
p.
•
the
directors
no
have
value
par
Nov.
28.
A
—V.
162,
p.
$7,952,232 $10,878,504 $10,713,721
as
declared
class. B
•*/
•
dividend
a
stock,
similar distribution
payable
to holders
10
'.
.
•
-
John
951
Total
income
.7
—
deducts— -7
inc.
7 3,200,971
$3,271,195
$4,993,788
$4,681,037
——
4,146,681-
4,330,180
Subsidiary
divs.
minority
/The
Net
inc.
Preferred
—V.
,7;
^
(forward)___
______7_
>.
,
">
"7
$4,638,883
$6,675,617
7; 1,031,250
1,375,000
5,590,000
4,200,000
.*'•
shares
new
1945—V. 162, p. 2021.
Telephone Co.—Earnings—
•; 7,188
:
($100
$4,869,581 $46,398,697
6,123
57,602
The
43,931
"Operating revenues—
Operating expenses.—
Operating taxes
$4,863,458
3,420,839
3,121,556
30,047,859
28,016,434
1,233,440
1,154,244
10,770,398
9,208,263
;$596,088
$587,658
544,251
$5,522,838
$5,088,065
5,150,375
will
—V.
162,
■.
income
7-^-77 569,423
_____
1772.'; f:" i,;\
p..
and
preferred
The
Corp.—To
board
of
Pay
directors
of
$3
of
$3
Ogden
share
per
Common
Corp.
Dividend—Par
Nov.
on
27
declared
the-company's-common
the
this
on
issue
March
15,
The
the
amount
or
an
to
to
:
and
the
such
No
.
Distributions
Dec.
1,
were
The
exchanged.'
so
162, .p.: 2187.
'V'v
(>04,582
142,500
258,333
;
appro.
1945—12 Mos.' —1944
1,667,613
311,667
;
.
7 ,218,851
.'1 738,729
7,575,367
-
143,525
'
;
3,260,000
144,056
3, ,662,500
1,296,506
_
•
of
first
Casseli
&
income__
$932,540 $10,795,531
8,458
..,6,091,
462,792
$11,211,616
465,285.
y 107,348
71,522
$10,902,879
$938,631
$870,877
Interest, etc., deductions
63,000 shares of com¬
cumulative preferred stock-'
5'to
4'/o
mortgage
bonds.
$11,283,138
•
5,782,212
5,661,305'
$408,085
$473,346
$5,120,667
pfd. stocks for period- i 3,837,992
$5,621,823
$1,282,675
income
Net
Principal
$1,783,831
■:,
•;
Dividends
applicable
to
3,837,992
'
Co.
of
shares
;'v
(net)
the SEC
of
shares
Gross
'
$862,419
revenues
income
the
stock
common
registered
Balance
stock,
y
stocks
and
Listing of Bonds and Debentures—
■
of the
bonds will
be supplied by
,
'• - .'y^:
^ ^ '"V3
be used to (retire the
1st/*
the
corporation
will
,
'.-•>;'ry
to
the
price
offering
public
The
company.
.
1944
were
,
and
of
surplus;
cash
a
reduction
and
dividend
(b)
of
$3
The
for
•
-
The
'•■
Gross
of
Bond
Exchange has authorized the listing of $93.000,000 first mortgage bonds, 3%
series due 1975; and $27,000,000
3%
sinking fund debentures due 1965.—V.-162, p. 2311.
y,
;
69,2G8,600
20,908,850
65,606,873
68,839,851;:
63,022,528
— ----r
taxes
11,458,066
34,693,056
28,777,666
22,032,827
of subs,
Divs.
of $10,210,983, which distribution would be charged
surplus to the extent thereof ($583,597 as of Sept. 30," 1945)
cauital surplus.—V. 162, p. 1644.
23,013,200
on
stocks held by public ahd-.-:
earns, for the period
cap.
"i.
minority int. in undistrib.
y
time
any
Mutual
Fuel
$78.23
to and including Dec.
up
1945, this compamy is pre¬
24,
Co.
Gas
their
at
the outstanding
1. '1947, of the
plus a premium of
amount,
$1,000 of principal amount and accrued interest to Dec.
Payments will be made at the Central Hanover Bank <fc Trust
70 Broadway, New York,
Co.,
principal
per
*15," 1945.
Chicago,
Dearborn
South
38
Y., or at The First National Bank of
N.
St.,- Chicago,
111.—V.
162,
2311.
p.
yf Peoples Light & Power Co.—Court Approves Plan—
The
;
'
959
has
SEC
announced
that
Judge Paul Leahy
had issued in Fed¬
District
Court in
Wilmington, Del., an order approving and en¬
the provisions of the company's recapitalization plan, which
SEC approved last Sept. 18.—V. 162, p. 1518. v ;.
V
eral
^
Purchase
to
•
63,248,932
12,429,152
income_ii_^x_
on
income
\
\
.
to anticipate the retirement of any or all of
$3,621,000 first mortgage 5c/«
gold bonds due Nov.
226,404
dis¬
Net
At
20,001,357
69,155.035
—_
int., disc. & other inc. -deducts..-
Provision for Federal
Co.—Offers
Coke
&
George A. Ranney, Chairman, has made the following announcement:
148,630,758
.
lhcdme^ ___,_l^^^_y_^^l_.^;' y 1 , 315,184
other
Light
Gas
pared
-
pensions.
income
&
r
Stock
Underlying Bonds—
.1944
v;
159,0J 7,301
revenue
York
New
Peoples
1945
1
<
.
depreciation
operating
Net
;
share,
per
-■
accounts and
'/Miscellaneous
follows:
as
Sept. 30—
operating revenue__.__
Provision
made
were
$13;G14,644 ($4 per share)
the transfer of $11,912,814, "
to. capital
stockholders
payments
during
from
share),'
per
other
approved:' (a) The
9
stock
reduction,
the
forcing
the
1,330
the balance to
Remainder—applic. to Pacific
;
Ohio Leather
On
Nov.
the
20
5%
cumulative
for
the
Shares
accrued
stockholders
8%
Oklahoma
Gross
and
not
7%
from
Net
ry.
will
p.
be
be
stocks
a
at
1944
for
Balance
share
86,364
14,043
33,917
77
90,190
ry;
railwayrailway
from
Net
—V.
1,005,514
'
$115,473
54,435
;•
39,883
162, p.
J!
and $1
on
Nov.
on
Dec.
1,
8
260,138
revenues
Amortiz.
repairs..
a
excess
dividend
of
$4
share
per
1
to
Dec.
886.6J4
Period End.
1,226,474
Operating
1,155,620
1,203,289
1,633,277
17,346
•23,159
1.129,646
1,494,777
Net
Net
tax.
896.950
942,408
1,905,000
taxes—__
865,000
1,523,408
2,277,950
85,045
34,500
116,545
132,500
debt
.
1945—9 Mos.—1944
$94,866,127
V
Gross
Income
Net
riCCme~~
—
income
_______
deductions
income
162,
p.
8,224,309
7,335,524
2,763,744
72,036,757
65,950,892
2,396,274
:
24,648,194
19,071,425
operating
$4,311,692
8,055
5,263
$2,921,380
$3 959 50$
tiiicqsc
,
.
$3.164 114
l^sjss
_■
$1,769,633
$1,838,557
iSmSS "toSS
income
$1,019,754
$1,083,476
$10,373,248
$9,604,810
3,508,782
1,747,941
16,198,171
990.
$200,000
of
End- SePt- 30—
•Oper.
Net
Other
exp,
Water
$2,542,482
,
Clothing
preferred
of
Co.
stock—-the
announced
Nov,
19
Topeka and proposed
public offering of
sale
first
taxes.
283,823
26U11
income
$71,657
$76,885
$278,507
91
532
$71,667
$76,975
$279,039
45,203
49,012
184,681
$26,464
$27 964
income
income
$14^234
—
Includes Federal income and
excess
'OsMOT
$1451 666
U25,'f?5
be
issued
Guettel,
Arthur
by
President.
company, incorporated last month, purchased all' thd physi¬
the Topeka
retail store from the Palace Cldthihg Co.
of
of
-
187
at
this
74%
About
Co.
who
S94 85a
'
i.
'
stock
common
the
is
balance
also principal
are
Public
of
issue
new
offering
the
are
with
by the Palace Clothing
management of (the/com¬
the
stockholders of
at
Kansas
$100
has
.
the parent
preparing
share
a
Mr.
file
to
about
and; affiliated
$300,000.
will
obtained
Guettel
a
.
underwrite the preferred
City will
been
Commissions,
SEC.
to
are
company
of
offering
now
the
addition
be
made
from
268,797
255,998
1,942,347
,538,072
$255,998
$1,609,014
\
333,333
41,667
—;
surplus—Dr$l,839,209
•Includes
$2,538,072
tRepresents
taxes due
company
outstanding
adjustment of Federal income and excess profits
amortization of $2,036,285.
'
credit
to adjustment of
Notes Authorized—
The
Icc
Nov.
on
authorized
8
the
company
to
issue
at
not
par
of promissory notes in further evidence, but hot
the unpaid portion of the purchase price of certain
equipment to be acquired under a conditional sale agreement.—V. 162,
$467,800
payment,
of
2022.
p.
'.,>/> '
•
The
%/'
/ '
Inc.—Stock Offered at $25 Per Share—
share
Dec.
20.
for
Warrants expire
Issued on Dec. • 1 to stockholders of record Nov.
subscription" warrants entitling them to subscribe
company
transferrable
14 shares
each
for
1945.—V.
31,
152,
p.
said.
letter
Attorneys
other
of
officers
notification
of
the
new
162,
held, at $25 per share.
4133.
V/v'-v''
has
first
Line
Co.—Calls
Redemption—Arranges
of
called
for
mortgage
redemption
and
first
on
lien
Dec.
bonds,
28,
of
the
company
E.
H.
1945.
A,
its subsidises for the
121,659,000 kwh./a decrease
to
corresponding
the
from
^ ;/ V
.
week
in
1944,—
J
directors
Nov;
7, 1945, authorized the redemption on Dec. 1,
Philadelphia & West Chester Traction Co. 6%
due Jan. 1, 1954, bonds numbered 1 to 466,
both inclusive, at the redemption price of/105 plus accrued Interest.
Holders and registered owners
the above described bonds desiring
to
receive, prior to redemption date, payment of the full redemption
price, together with accrued interest ' to Dec. 1^ 1945, could do so
on
and after Nov. 15, 1945, upon presentation and surrender of said
bonds, together with Jan. 1^ 1946 and subsequent coupons attached,
at the Land Title Bank & Trust Co., Broad and Chestnut Sts., Phila¬
1945,
bonds
of
delphia,
on
outstanding
dated
Jan.
Pa.
for
1,
•
the
1904,
f
above
temporary
purpose
bank
were
loan
received
and
irom
from
the proceeds
funds.
of
a
treasury
Registers $7,000,000 With SEC—
The
and
company
all
proceeds,
of
and
registered
bonds,
together
Philadelphia
$1,897,800 -of
with
with
funds,
Rapid
Transit
Philadelphia
series
underwriting
group
will
162, p.
SEC
$7,000,000
of
new
first
"B."
other
bonds
delphia.—V.
the
series
mortgage
refunding
The
dated
has
refunding mortgage
The
$6,482,OCO of
and
Loan—
series
and
company
amounted
8 cJc,
the
Bonds
Bank
or
Philadelphia Suburban Transportation Co.—CalL Bds.
The
1962,
Pipe
this
1945
24,
kwh.,
2518/
p.
-of
output
Nov.
V.
Funds
•
Guettel,
Eastern
for
electric
ended
10,552,000
$250,000
.
Arthur
The
week
and
Missouri
Guettel,
Vice-President
and
General
Manager;
Treasurer,
and W. B. Silberman,
Secretary.
Panhandle
The
adjustment of unaccrued amortization chargeable to oper¬
ating expenses of $3,787,393.
after
shortly
the
Morton
Steffens,
its
the
Securities
company
are
of
Bernheimer Co.
Kansas
/
j
owned
by
.
assets
approval
$326,618
'225,577
$101,041
the
City and
Debentures
profits taxes.-
time.
of
Kansas
companies.
In
$326,430
,242,043
3,303,023
any
Kansas City.
1
tl. ,»(<•"><
*,
Authorized capital consists of the preferred and $150,000-of .common.
Of
the latter $101,500 has been subscribed;
the remainder willv not
issue.
1945—12 Mos —1944
$338,055
income
Gross
Co.—Earnings—
1945—3 Mos.—1944
to
of
Palace
5%
stock—were
Baum,
$355,480
.—
Interest, etc., deductions
Net
&
10
and
operating
Bal
2,264,040
431,816
Philadelphia Electric Co.—Weekly Output—
the
of
new
assets
Total
revenues
appropriations
462,815
220,141
15,340,986
—
Formation
of
Palace
pany,
$2,371,097
other
and
%
2397.
p.
of Preferred Stock—
cal
$2'91?'S ".161,012 ?»3,951,452
7,9.94
3,102
•
funds
/.
$12,007,807 $10,815,274$107,058,199 $94,627,127
______
Palace Clothing Co., Topeka, Kans.—To Offer $200,000
23,124
1,074.173
...L.,
Oklahoma Power
Operating
income
Sink,
245,425tCrl,328.544
174,594
income—___ Drl,676,338
_____Url,797,542
239,000
.of
<-»iner income
Other income
Net
in
Co.—Earnings-
1945—Month—1944
revenues,.
taxes
162,
The
1.074.173
income
taxes..tCr2,100,357
Peter Paul,
income
—V.
1,467,955
648,750
V
/oper.
one
1,605,324
17,372
of
Net
Oct.
expenses—.::
Operating
1,021.424
6*8.750
discount and expense.
on
Sept. 30—
Operating
''
1,134,246
profits
income
requested
Operating
revenues.— $12,043,894 $10,8441074$107,322,979
Uncollectible
oper.
rev.
36,087
28,800
264,780
1945—12 Mos,—1944
758,474
_
res._
order
Pacific Telephone & Telegraph
on
last
1,
Can.
prof,
exc.
$4,774,634 $44,379,299 $47 781,374
3,788,829 *39,325,505
35 995,057
*6,957,695
Other railway taxes
exceeding
holders
-Earnings—
Mos.—1944
of limited-term
Special amortiz.
&
1945—10 Mos.- -1944
1945—Month—1944
$3,453,674
i_'__
expenses..—
and
Fed,
$2.33
,
its application to the SEC for an order declaring that
not a subsidiary of North American Co.
The Commission granted
is
the
160, p. 2187.
1945—9
_
State
2,079,473
-
Corp.—Larger Distribution—
1943.—V.
electric investments.
Taxes (other than inc.)
Federal income faxes.
Fed.
it
$13,384,023 $13,118,811 $17,799,254
$17,405,329
4,455,0o|3
4,200,793
5,961,842
5,668,410
expenses
and
Approp. for retire.
$2.17
11, 1945. holding that the circumstances
whi^-h gave rise to the
original order have materially changed.—V. 162,
p.
2518.
Oklahoma Gas & Electric Co,
Maint.
'
1,087,217
_______________
share.-
per. common
company renewed
594,681
284,500
St0ck' par $1- ^ayable De«.
is comPai'es with $2 paid on
Period End. Sept. 30—
Operating
Operating
1,063,261
724,494
297,908
declared
income
Operating
total outstanding
voting stock of the company. This compares with
held in June, 1930.
Following the sale of 700,000 shares of common stock above noted, the
2187.
directors
ofC
year,
1,320,576
760,313
133,181
Ohio Service Holding
The
1,350,088
Marquette Ry. Co.—-October Earnings-
period Ended Oct. 31Gross
the
17,443
409,069
income
oper.
8,409,849
12,522.548
19 9%
from
Net
Pere
23,011.870
8,422,103
Sept.-, 17, 1945, North American Co. sold 700,000 shares of its
holdings of company'^ common stock to a group of underwriters, who
successfully reolfercd the stock tc the public on the same day at $40
per share.
As a result of this transaction, and the distribution during
recent years by North American
Co; of the common stock hi the form
of quarterly dividends on its own common
stock, North American hold¬
ings, owned of record or beneficially, have been reduced to 5.25% of
Prom January 1—
Gross
22,031,868
32,522,548
stock____^
On
1942
$161,727
:>
common
i__;—______
Earnings
and
•, ;>
1943
$140,910
24,521
Gas & Elec. Co.
preferred stock___
•
share
a
on
^
Ry.—Earnings—
$84,539
railway-,*-—
income-
oper.
share
$110
of
exchange
in
on
Dividends
'
10,000^ shares
offered
on
retired
1945
railway
to
-
883.
City-Ada-Atoka
;
Issue of
an,
stock,
preferred
exchanged
;
from
Net
approved
preferred
dividends.—V.-.161,
October—
Dividends
Co.—Refinancing Plan Approved—
convertible
present
basis.
-V.
611,701
res.
oper.
Other
•
Corp.—Registers with SEC—
58,000
common
cents.
25
issued -Nov.
common
cents
(50
of
common
Preferred—
Amortiz. of electric plant
Net
1-r'
1190.
p.
were
being sold by the Victor Products Corp.,
the shares.
The remaining 5,000 shares are to be
-
collectible
aggregate
earned
and
order
of
$1,701,331
the
tribution
and
an
value
capital.
1945.
cents;
in
of
out
during
50
SEC
par
to
balance
162,
Maint., oper. '& admin, exps.; taxe3~.(except Fed.
inc.), & provision for insur., casualties, un-
27, 1945 to stockholders of record Dec. 4, 1945.
being paid out of earned surplus as of Oct. 31 to the extent thereof
and
below.—V.
registered with
F.
C.
by
proceeds
Gross
cash
a
payable
This distribution
on
Dec.
is
of
$4,207,818 $51,737,597 $50, ,7$0,736
2,215,504
27,142.580 • 26 ,949,040
2,106,303
taxes
retire,
Prop,
$
"
distribution
York
estate
exchange .new $4.25
cumulative preferred
to
$5
issued.—V.
be
New
real
v
1945—Month—1944
•
Other taxes
Pacific Gas & Electric Co.—Earnings—
7 '
Value of Shares Reduced to 50 Cents—
The
not
the
to
company's
Co.—Exchange
will
acquisition adjusts.
and
sold
12 Months to
Ogden
Federal
share
per
to
Co., Inc.—Successor—
6,000
said
outstanding
owner of
issued
amendment.
operating
income
the
2398.
p.
in
company
4,603,680
—___
Net
of
162,
buying
the
the
transferred
was
head
$4,125,312
'
Operating expenses
" r?. :v
Corp.
$500,000
be
company
present
$46,341,095 $42,312,762
$5,250,367
has
par);
and
underwriter
$42,356,603
M
(no
par)
were
Net
Rubber
corporation
stock
mon
1945—9 Mos.—1944
1945—Month—1944 *
$5,257,555
—
with
Pennsylvania Power & Light Co.—Earnings—
holders of record
paid on Jan. 18 and
Jan.- 21,
cents' each
50
cents
of 75
dividend
a
payable
with
O'Sullivan Rubber
rev.
oper.
declared
$10,
compares
O'Sullivan
See
.
Bell
revenues
Uncollectible
21
par
made
Power
>
in
company
came
6,590,000
Period End. Sept. 30—
Operating
stock,
This
O'Sullivan Rubber
$6,327,336
-1,375,000
The
Northwestern
Nov.
on
capital
31.
new
*
Brown
he
year
was
Period End. Sept.*30—
.
56,205
3,150,000
2186.
p.
7
56,205
l,0sl,2o0
divs
162,
directors
the
Dec.
July.10,
42,153 1
42,153
$4,951,634
divs.
Common
$6,383,541
■"::i
and
interest
$6,731,822
two
record
of
Oppenheim Collins & Co., Inc.—Declares Larger Div.
on
Balance
y y-y.y,y
Nov.- 23,
held
with; the
F.
department.—V.
Operating revenuesGross
;ul
-
none since. "
•']
v.
1
Brown.
John
.In .connection with, the qompany's offer
preferred, stock
(par $100)' for
stock, it is understood that 41,049 shares
of
share
per
';yy-
directors,
'
balance
1944.
in
cumulative
V
on
F.
this
of
July
on
of
associated
1922.
January
and
board
$2
holders of record Dec. 6.
23, last year.; Total for
;
'
of
share on the common
per
in
been
Pennsylvania
t
.,
share
per
Aug. 1,1944;
on
v.v
cents
25
Dec.
made
was
2518.
of.
?
dividend
extra
an
place of Glyn H. Crocker,-who passed away
Lew V. Day, of Seattle, Wash., who resighed
director since 1926.
The two new directors are
a
has
construction
and
:
V.
declared
27
the
and
Bantz
In
office
/
,
;
of
of
and
Bantz
1921.
initial
'
The
$7,864,435 $10,746,404 $10,597,672
87,796 V
132,099
116,049
A.
Mr.
of
chosen
were
1945,
serving
2,
Aug.
was
'
*
meeting
a
directors
common
An
Nov.
on
departments since
Oliver United Filters, Inc.—Class B Dividend—.
■
5,493,889
$8,194,759
-——-—
7'- * *
3,485,809
6,703,284
$8,099,096
95,662
income—
oper.
Other income
4,220,434
5,180,685
■
issued.
be
Payment
.
,
Elects Two New Directors—
Industries, Inc.—15-Cent Common Dividend—
20.
—v.
7 5,617,390
4,212,061 7'5,781,504
3,588,300
2,696,175 7 2,639,594
inc.)7i 4,432,879
than
&; state inc. " taxes
excess
prof, tax-
Fed.
Nov.
■
Depreciation
;
directors
which
1945—12 Mos.—1944
1945—9 Mos.—1944
$39,196,195 $36,174,778 $52,081,340 $48,309,436
17,232,746
16,143,243
12,809,374 ,11,922,884
2,213,930
2,179,235 7] 1,715,368
3,030,349
'■4,757,500
4,998,750
3,798,750
3,600,000
_—
to
notes
the
for
directors
The
recently declared a dividend .of 15 cents per share
stock, par $1, payable Nov. 30 to holders of record ,
of like amount was paid on Feb. 20,
this year,
followed by similar distributions on May 29 and Aug. 31. •
The usual quarterly dividend of $1 per share on the preferred stock c
-was
also
declared, payable Dec. 31 to holders of record Dec. 19.
(& Subs.)—Earns.
%
Period End. Sept. 30—
collateral
as
interest.
and
102
the usual quarterly dividend of 75 cents
stock, no par value, both payable Dec. 22 to
An extra of like amount was paid on Dec.
1945 will be $5 per share, the same as paid
mortgage
Olin
on
Operating
Operation
bonds
at
1953
and
Fred
holders
Northern States Power Co.: (Minn.)
such
15,
the City
at
.
mortgage .4% -bonds, series D, will be secured by the comof Feb: 1, 1928, and such bonds will constitute the %
outstanding bonds of the company.—V. ,162, p. 2311. ;<t>
*'
share
per
to
pledge
June
(J. C.) Penney Co.—To Pay $2 Extra Dividend—
first
pany's
year
on
the $5 par value common stock,
of record Dec. 6.
This compares with
cents paid on July 3, last, 20 cents op Dec. 16, 1944, and 15 cents
July 1, 1944.—V. 162, p. 1396.
/v% O"';
* '
I",'•
1945
payable
to
due
Bank Farmers Trust Co., corporate
trustee, 22 William St., New York, N. Y., and of the debentures at The
New Ycrk Trust Co., trustee, 100 Broadway, New York. N. Y.
The company has arranged through The New York Trust Co. and
other banks a $16,000,000 10-year loan, the proceeds of which will be
applied to the redemption of the above debentures and bonds.—V.
162, p. 2397. ;
/,'■•
'..".iv
,
•»;_/
' :
North Central Texas Oil Co., Inc.—Larger
The
483,906
461,525
-.
$1,131,885
$1,074,017
513,175
; 513,175 ,7."
___
and all of the outstanding 10-year
1940,- at 100V*' and interest,
debentures
bonds will be made
the
to
application
an
,
Federal
1,
2%'/e
SEC
Monday, December 3, 1945
C;
issue to
Harris Trust & Savings
Bank, Chicago; Chase National Bank, New
York; First National Bank, Chicago; National Bank of Tulsa; First
National Bank & Trust Co.
(Oklahoma City), notes in the aggregate
principal amount of $3,200,000 to be dated as of the date of issue
thereof, estimated to be on or about Jan. 25, 1946, to mature serially
in the amount of $125,000 on June 1 and Dec. 1 in each of the years
1946, 1947 and 1948, and in the amount of $2,430,000 on June 1,
1949; such notes to bear interest prior to maturity at the rate of
2% per annum except the notes maturing June 1,0.1949, which will
bear interest prior to
maturity, at the rate of 3% per annum, k;. ^
,'-0
The proceeds of
the
new
notes
will
be
used
to
pay. and
retire •
$550,000 2% old notes (secured by a pledge of $750,000 first mortgage
5% gold bonds, series C) and $2,761,000 of first mortgage 5% 20-year
gold bonds, series A, maturing Feb. 1, 1948.
'
V - '
'
Company proposes to issue $4,000,000 of first mortgage 4% bonds,
series D, to be dated Nov.
15, 1945, and to mature Sept. 1; 1949;
89,966
Operating
Issue Notes—
To
The
$9,972,901
__
revenue
/.
gross
Earns.—
\ 1944
(& Subs.)
30—
CHRONICLE
"A,"
be
will
be
sinking
Co.
Transportation
headed
on
Co.
to redeem
bonds, due
first
and
.•
by
Drexel
2519.
(Continued
used
fund
page
2684)
and
Co.,
Phila¬
THE COMMERCIAL & FINANCIAL CHRONICLE
162 * Number 4443
Volume
Stock and Bond Sales
DAILY
Nov. 21
32d of a point.
Nov. 27 '■/■ Nov. 28
Nov. 26
range
for
the
year.
Low
[Close
Treasury
-
3
'
Total sales In $1,000 units
.
Sept.,
[High
J Low
Nov. 29
Nov. 30
101.22
___
—
I—
101.3
101.3
units
101.3
101.22
—
III
III
—
—
III
*
^
,
:
1967-72—
III
Ill
III
III
106.30
_•{ Low
106.30
•
(Close
'
,./,
•
"
106.30
'
Total sales in $1,000 units
Total sales in $1,000 units
(High
I High
2%s, 1951-53
1
Low
[Close
3%S, 1949-52
v
\ Low
(Close
■
Total sales in $1,000 units—
Total sales In $1,000 units
[High
J Low
[High
:
j
Low
[Close
3a, 1946-48
'•
—
—
I High
2%s,
Nov. 28
.—
;
Total sales in $1,000
3
( High
—{ Low
;
[close
Nov. 27
101.22
—
[Close
2%s, June 1967-72
100.30
Nov. 26
—
\Close
•
100.30
Total sales in $1,000 units
1946-49
r v
100.30
[High
1 Low
[Close
¥48, 1946-56-
Nov. 24
(High
4 Low
2%s, 1966-71—
,•/.": • v •. :■••••: •;. >
106.13
Total sales In $1,000 units
' 1
-
Daily Record of U. 8. Bond Prices
Nov. 30
•106.13
\
4%a, 1947-52
Nov. 29
106.13
f High
Treasury
3 %s,
YEARLY
record of the transactions in Treasury and Home Owners' Loan coupon bonds on the New York Stock Exchange during the current
Figures after decimal point represent one or more
Dally Record of U. S. Bond Prices
3
WEEKLY
anles> they am the only transaction! of the day. No account la taken of such .alee in oompnting the
United States Government Securities on the New York Stock Exchange
<ȴ
Below we furnish a daily
week.
New York Stock Exchange
«»
-
delivery eaiee are disregarded In the dare range,
NOTICE—cash and dejerred
2649
v...
Total sales In $1,00C units
«%s, 1952-55
>
[High
(High
Low/
[Close
/
Total sales in $1,000 units—
Total sales in $1,000 units
108.21
•{ Low
»%S, 1954-56
i
3s, 1951-55
[Close
/
,
Total sales In $1,000 units
108.21
[Close
108.21
1
•
(High
i Low
2¥.8, 1955-60
;
-
[Close
•;
-
[Close
Total sales In
'■
■
(High
2s,
\ Low
(close:
V■/• •.:
Total
(High
Total
"
>
sales In
fHlgn
ts.
Dec.
.
I fi'gn
.,
1948-50
[ Low
[Close
$1,000
'
.
\ Low
S%8, 1958-63
1
* (Close
,>■
sales In $1,000 units
2s, March
[Close
Total sales in $1,000 units
100.21
1
[ Low
,
-I Low ¥
2¥48, 1956-59
100.21
100.21
100.22
[Hign
1847
In $1,000 units—
100.22
100.22
(Close
j.
:i-
1951-54
Total sales
:
j Low
$1,000 units
In $1,000 units
Total sales
2 ¥48,
$1,000 units
2%s, 1959-62.
J Low
•
Low
[Close
,
[High
f High
>
[High
1956-59
Total sales In
Total sales in $1,000 units
2¥«S, 1948-51
V
....
2%8
units
;
(Higi,
■
1948-50
[ Low
[Close
[cios'S
Total
Total sales In $1,000 units
sales In
$1,000 units
—
'
•
(High
i LOW
*%«, 1960-65-.
T
1'
2s, June,
1949-1951
—{ Low
[Close
I Close
Total
1—
Total sales In $1,000 units
sales
In
$1,000 units
I High
(High
1945
>%s,
2s, Sept.. 1949-1951
■( Low
:
(Close
'
Total
Total
In $1,000 units
sales
sales
In
•( Low
(Cioae
$1,000
f Hivh
units
—
•
[ High
'
2 % s,
2s,
i Low
1948
Dec.,
1949-1951-—_—_—( Low
[Close
Total
':
Total
$1,000 units.
In
sales
(High
2s.
(High
2s,
,
[Close
.
sales
In
$1,000
v
..
1951-1953—
2a.
[High
( Low
$1,000 units
1951-55
[Close
Total
sales
2s,
$
[ Lew
,
Total sales in $1,000
(close
'
units
2s,
[Ciose
Low
102.2
[ Close
"¥
Low
1965-70
.
.
..
Low
$1,000 units
(High
.•
1948
Total
(High
[Close
j Low
[Close
sales In
$1,000 units
[High
( Low
l%s, 1950—
15
[High
\ Low
[C1086
V.-'
•
101.31
In $1,000 units
'
1¥4S
101.31
(Close
•(
;
V
••••'.
!.>;
1
sales In
101.31
[High
103.30
1
■
Total
103.30
[
.,102.2
$1,000 units
1964-1969
[CloBe
,
Total sales in $1,000
*Odd
in $1,000 units
lot
sales,
units
^Registered bond
NEW YORK STOCK RECORD
LOW AND
Saturday
S per
Thursday
Nov. 28
S per share
share
STOCKS
Wednesday
Nov. 27
Nov. 26
S per
share
HIGH SALE PRICES
Tuesday
Monday
.
\
Nov. 24
Sales for
Friday
Nov. 29
$ per share
t per share
Nov. 30
$ per share
NEW YORK
the Week
STOCK
EXCHANGE
Shares
'
*111%
114
95
14%
14%
•15
32%
32%
•
83%
83%
*112-
113%
113%
93
*90
*90
I
85
*81
;
86
*81
*112%
Y
93
83i/2
83 y2
*1111/2
1131/2
„
15%
14 ¥4
15%
32%
32%
32 ¥4
32%
18%
19
45
45
44
30%
31
31%
*116
120
5
4%
.50%
.
51
64%
38%
110
*104
38%
*103
15%,
15%
167/a
*31%
32%
700
191/2
45 C
19%
4,600
*42 J/2
34 J/4
48%
47%
19 J/4
34
47%
43
45
49%
65
64J/2
65 ¥4
671/4
67 'A
2,200
39%
40
40
40%
39
391/a
6,400
110
102
"
110
*lu2
*117
9
125
52
110
Alaska
*102
511%
23%
23%
231/a
183%
184%
184%
185%
21%
21
21¥a
20 V2
21
21
21%
211/a
211%
33
33
331/4
331/4
33%
34%.
347%
35%
35
23%
186
■V
8,200
110
22
180
23%
24
187
1,300
38%
39
103 7/a
For
*101%
footnotes
see
39
39
1031%
page
2659.
40
103
103
;
%
%•
103%
'
'%
104
■.
39¥a
104
39%
104
Juneau
5%■%
.
1
Gold
Min
Corp
pf A With $30
war
$2.50 prior conv preferred-No
Alghny Lud Stl Corp.No
Alleg & West Ry 6% gtd
2,900
Allen Industries Inc__.
Allied Chemical St Dye
2,000
Allied Kid Co
10,900
'
38%
—No
Allegheny
51%
187
No
Inc.
Alabama & Vlcksburg Ry
11,600
37,700
22%
103%
40
Reduction
8%
178%
32 ¥4
.
Air
5
22
*20%
/
Express
Corp—.
Adams-Millis
4%
50 '/a
No
Co—
Address-Mutigr Corp
8%
5
53
178
23
Adams
13,000
65
125
Motors
Acme Steel Co—/——
3,300
65
47/a
*120
No
preferred
ACF-Brill
200
34 ¥4
39'A
8s/s
4%
Abraham & Straus
22,100
3214
52%
5
64%
64%
38
130
32
19%
125
Abbott Laboratories
—
52
9
51
19%
.
500
♦120
4%: -
'
47 ¥4
84
113
101
*
120
8%
.8%
8%
48'%,
47%
47%
*99
34'/a
32%
120
84
*111 J/2
15
'
44
30%
19%
100
*42 J/2
19%'
45%
,
85 %
113
*97 J/2
*43
47%
*84
*111%
93
*29%
18 ¥4
103.30
Low
units
1953-55
102.2
■{
(High
—•}
;
8s
[High
Total sales In
1952-54
Total sales in $1,000
-
1964-1969
Dec.,
,
(Close
units
In $1,000
/
,
\: f High
2%s, 1963-1968
*
( Low
Total sales
(High
j Low
.
$1,000 units
v:
Total sales
units
June, 1952-54
.
[Close
3%s, Dec.,
$1,000
4
(High
2%s, 1962-67
2%s, June,
In
"
.
Total sales
Low
108.12
108.12
in $1,000 units
¥-':"7v-
Total sales In
103.11
High
108.12
Low
1956-58.
Total sales
103.11
103.11
1
'
.
—
Total seles in
;
units
sales In $1,000 units
tClose
2%s
Low
{ High
—.J l.ow
[Close
1950-1952
Low
——
:
2s.
:Hlgh
2 % S,
Sept.,
Total
[High
■
[
$1,000 units.—1
,,
'.
:
1950-1952
units—;
In $1,000
w
2%S, 1952-54
Total
March,
[Close
I Close
—
f High
Total sales in
—«{ Low
Total sales
| Cloeu
units
.
3
./II—':
2%8, 1950-52
$1,000
106.7
In $1,000 units
sales
In
-
106.7
.4
1949-53
Total
Low
(close
S%8,
saifes
-
106.7
9,800
1,000
Allied Mills Co Inc
Ainea
4%
Stores
,—>—
No
1
Corp
preferred
—No
No
transaction,
"
FINANCIAL CHRONICLE
THE COMMERCIAL ft
NEW YORK STOCK
$
t per share
130%
7%
7%
7%
,
152%
150
132
8 %
*52
150%
150
150
31%
53 Vz
55
39%
40%
40%
41%
40%
84
85
84%
84%
84 %
34%
34%
77 %
76
76
77
77
19%
20%
21%
21%
21 %
50%
51%
51%
50%
50%
'
'
19%
49 %
15
14%
*196%
58%
58%
125
%
37%
58
37%
37%
141%
27%.
27%
25 %
25%
•
46%
25
108
8
■'"
7%
i 77/b
•;/
y
7%
8%
116%
115
115
35%
35
37
36%
8%
-
57%
97%
•:
8%
*56%
97%
•;v
9ye
9
98%
11%
12
*100%
101
100%
100%
51 *:
100
/■/."
61%
180
*180
97%
96%
>•
32
32
29%
29%
30
30
43%
43
43 y2
43%
43%
60%
61%
•"
59%
60%
59%
176 %
176%
175%
175 y2
49 %
49%
48 %
29%
40
62
12
"
89%-
y
65%
17%
12%
12%
29.300
103
1033s
93 y2
17%
97Va
32%
x29T'8
44 Va
44l/2
61%
62%
33%
-
/■
>
29 7/8
26%
97%
30
-
34%
y".
/
,
:yyy,
62%
63%
•V
28%
/ 177 V'.'i
49
*157
26
50
-
29%
26
29%.
;
"
40%
27
29
49
49%
*148%
29 Va
; 59
57
'•
;
•yy
191%
89
87 V2
8d
8/%
88 V4
89%
90%.
90
90%
88%
89 va
88%
89%
y. 4,000
159 %
158.%
159%
20%
20%
21%
61%
62%
60%
158'%
21%
62
"
127%
127%
82
42%
46
6,800
Amer
62%
3,4C0
American
23
*119%
22%
-
110
y2
129'%
10 Va
10%
io%-:
28%
133
"
10 VA
'
*79%
82
*78%
81
47%
49
x45%
47%
47%
53%
53
'53%
52%
43 va
43
' 43
42%
42%
112%
*112
112%
46
46%
23
23%
'
"u
112%
*112%
.
-45 '
43%
112-
8%
*27
•
46%
13%
13%
125
140
:
.
125
?V 140
■
54
*140
•.
108%
"
■
19%
17%
9
'
■
27%
28 va
28
13%
13%.
*50 %
140
53%
54%
52%
•107%
54%
108
108%
xl07%
21
20
17"
41%
40%
*136
139
51%
*50%
3.4C0
28 Va
14%
-17 V3
y
•
41%
"
135
800
y,//-.'
53%
y
55%
114:-';
139 %
*50%
23%
1C8
103
40%
79
138
83 3V
99
40
39%
22%
22%
/
44%-
44
U114
80
>180
y.-:; 50
52
*50,
'52%
y
*106%
108
107%
113%
114
100
111
114%
108
107
113%
39%
39%
23%
22%
23%
.
57%
57
57
86%
86%
87
127'
*127
127
*25%
27'
13%
*117.;;
19
122
"
*20%
21
27"
1
•;/>lr
8%
8%
*25%
18%
Mi/
.
20%
"
/
8%
8%„.
/
-
,
"...
80
40
83%
39%
*119 "
24V4"
.
80%
//.
40
23%
57%
*57
86
86
*127 y4
127
28
*26
19"
19'/a
123%
123
122
21%
•
l/*
'it'*
;
27
19
.1.122. - ..122
122
21% '
21%
*127
129
*25%
i8%J.
4
85 %
85%:
*127
129
-19%
...
f J18
•' '■
8%
8%
■;
*25%-;
*57c;
57 y8
x85 Va
:
*78%
120
119
23%
24
57 Vb
86%
K
78
x39%
40 Va
40
120%
y
83%
*81%
40%
*118%
" '.
4414
44
•
33%
*83
*56%
*18%
■
120%
*118%
120
*118
44
83%
*81%
;
29%
"29%
24%
24%
40%
42
30
%
26%
U
41%
44
20 %
20%
20%
76
*19%
.*75
76
yr'29%- :
1' 26
76%
21
21
""
8%
8y2
*40
;
•.
Dec
Dec
24%
Dec
11% Mar 27
17% Oct
15
83/a
Jan
12% July
24 % Jan
24
39 % Nov
23
Feb
26
130 Vi Jan
26
Feb
130
41 Va Jan
2
65% Nov
33
32
./ Jan
•;43
2% Jan
2
13% Nov
13
2
Jun
£0% Jan
22
1034b Nov
33
44%
Feb
66%
Dec
54% Jan
22
93 % Nov
30
40
Feb
60 %
Dec
2
18% Nov
19
9
Jan
12% Aug
Mar
16
163
Jan
•
11%. Jan
176
43
35%
35 %
36
"53
53%
27
17% Jan
40
'
V
5,800
*127%
17 Va Jan
16
41
Dec
Dec
•
•;
5,100
yi30
21%
131
640
21%
22
8%
8%
9
: : 2,500
yy 68,000
131''
'
1
41 Va
41%
42%
42%
42 y»
41%
21
21
•
;
77
77
771-2 '
46%
46
47%
47 Vb
48
48%
36
36
35
36
*35%
2,500
21
75 Vi
7/a
*35
21 %
21%
1
220
51
.
12.400
36
500
150
217/a
45
15
40
40
133
50 %
*50%
110
y8
40
133
45
45
50 y2
*132
*108
14%
15%
*39%
40 y2
137
.
*132
18%
18%
19%
19%
20%
20
24%
24%
25 VA
26
26%
27
26%
2659.
Jan
59
/
Nov
53% NOV
2
2
145% Jan
Dec
30
29
Feb
56
Dec
15
111
Jan
132
Dec
17.,
26% May
156
Jan
/196 % Nov
31
Dec
19% July
25%
•
31%
166%
Jun
Dec
89% Nov
16
56=%
Jan
75
July
91% Oct
18
57Va
Jan
75
July
par
8%
Jan
9
39%
Apr
121% Mar 15
116%
Apr
8
K
13
9
Jan
30
2
Jan
84 Va
Jan
28
6Va
Jan
67%
15%
Jan
17
V NoV /
Dec
49
Jun
120% July
16 %
100
9%
107
Aug
Nov
Dec
Dec
29
5% Mar 27
11% Nov
9
4
Jan
83
Jun ,22
44
Feb
6 Vb July
65
Dec
49
Nov
24%
Jan
29 Va
Dec
25
Jan
39
Dec
20
Jan
28% Juiv
14%
60% Jan
_50
29 Vb
23
28
2
6
24% Jan
■
Jan
38v4Jan
6
43% No 7
27
July 20
•112% Oct
15
109"
38% July
x56% July 12
49% Nov 30
6
23%' Nov
23
0%
Jan
4 Vb Jan
2
9% Nov
5
2 Va
Jan
23% Sep
6% Jan
13
30% Oct
4
12% Aug 17
/
2
14% Nov
7
,127% Nov
27
7
85
59% Nov
8
35 Va
NOV
~6% July
Apr
74 Va
Nov
n~.
4% Aug
/
Jan
4%
.102% Mar 27
107 Va
27
141
Mar 27
111/
42 J/4
July 27
X107 % Nov
108
29
119
j'Jan
Dec
Jan
46%
Apr
Jun
2
23% Nov
Feb
12%
July
"18% Oct
30
22
9%
2
8%
Jan
13%
Jun
42% Nov
20
12 %
Jan
19%
Dec
113'
Jan
3
Nov
19
90
Jan
113
lit'
Jan
4
139% Nov
20
85%
Jan
113% Nov
45
Mar
9
51% Nov
16
33
11%
<
16
113% Nov
Corp———————5
preferred———^
—No
55% Feb
oo
par
60
Jan
2
conv
preferred—,-—-100
113
Jan
25
Atlas Tack
Corp——4-N0 par
—---No par
Powder
Nichols-
prior
Autocar
-.No par
A
82
Jan
25%
Jan
55
Dec
25
Feb
38%
Nov
20
59%
Jun
76
Nov
6
10% Jan
22
20
24%
Jan
NOV
28
107%
Feb
24 Va Nov
28
11%
Jan
17%
Jon
•'••
53%
Jan ;
57 Vb
120
■
-
5f
23
Nov
21
Jan
2
of.Del
Com
(Thet__
32% May
114
Oct
Dec
52 %
112
Apr
May
14 Va May
62
120%
Oct
20
Jun
Aug
Dec
26% NOV
9
20% Nov
13
7
Jun
13 Va May
29
66
Apr
84 % May
Dec
15%
r
77 .;
Dec
"
87% Nov
127
131
NOV
__5c
Co.
Aviation
18% Jan
106 V*
,1
x41% Nov
20
19
Dec
83% Nov
July 27
Apr
Nov
83 Va
«.
16
7
14% Jan 22
108%
Jan
30
145
30 %
Sep
Jan
53%
27
Nov
115
22
,1
110
Dec
45%
NOV
30
33,V4 Feb
71V4 Sep
•
v
82% Nov
Jan
48% Jan
■
May
103%
108% Mar 23
31
101
1
W1S8 Lines—
140
>
76% Jan
——100
Coast
•
.Jan
105% Oct
preferred—_—100
Atlantic Refining—,-25
4%
conv
pref series A—— -100
85
112
11
152% July
133% NOV
RR———100
Austin
6%
8
'""/Nov
23% Nov
% Jan 23
99% Jan
•
100% Mar 26
Line
;
7
64% Nov
X161
3
20
&
6%
Jan
7
22% Nov
13% Mar
116 Va Sep
non-cum
Atlas
139
Jun
27
43% Mar 27
Jan
53 %
23%
12,600
21%
22 Va
45%
*44
51
*49%
50%
110
*io6y2
109 y2
*108
15 Va
,
'
11,800
46
14%
15%
14%
*40
41
*40
*133
138
*133
15
40%
139
400
400
-
.
10
18,000
80-
100
&
Ohio
^—
4%
Barker Brothers—
5%%
preferred—,—
preferred--/-—
20
23
21%
50%
51 %
27 V'4
*53
21%
110 Vz
42
23%
*44 Va
45
138
20%
53
23
Locomotive
Works
17,900
44%
21
*108
Jan
Jan
preferred——,—
Bangor & Aroostook.
Conv 5%
preferred—
Barber Asphalt Corp—,—
21%
15%
15y
16%
.18
Baltimore
76
•
13
27% Nov
y, 10
Baldwin
21%
.
Dec
Dec
28%
.,__i
60,100
76
'
G
10
;7
27%
19%
45%
152%
150% Nov
■157',
Jan
39% May
Jun
2
preferred™/
5%
5%
*25%
.-Aug 21
43% July
165% Dec
22 va
12
CoriL,——,,,6
50,900
21%
page
19%
37%
•
Nov
29% Jan
Jan
Goods—
Dry
26 Va
45
see
.
Sep
,30% Sep 20
y
3
1st
Atlas
21
40
footnotes
18%
146•»
128% Jan
.
400
21%
133
For
/•.
Jan
147
19
30
var
preferred—-100
preferred _——
100
Assoc Investment Co
No par
>- 6% preferred—,^-,-./,——_.,100
Atch Topeka & Santa Fe
—100
280
18%
;
27%
20
eo
10,700
130
NOV
:
Aug v 6
42% Nov
1
22% Jan
No par /
Co—
33%
18%
-
36%
.50% NOV
s
100 ,/
25%
45
50
*31%
30
164
~
par
2d
7%
y2
86
*86
129
8%
5%
yy'yy-
'44%
'
110
>129
13 Va
Aug
17% July
26% Jan
178
-<■ Feb
27 Va Jan
par
No par
32%
23%
14%
Feb
13
30
Oct
Dec
Aug
Qorp,-_—_No par
Atl
53
50
Jan
31% Nov
.
41% Apr
S
preferred
32%
21%
14%
13%
Dec
77% Dec
,
63% Nov
65"% Jan
of Illinois
Co
26%
23
"108
109%
14%
30
,
44% Nov
/
% Jan
153
No par
25%
53
49
109%
Jan
34% Nov
180
Jan
99
Aug 21
,25 V
Cable./,.
Constable
Artloom
57%
57%
57", a
86
53
*43
12 Vb
; 62%
3Vb
Jun
..1
31%
23 %
45%
15
15
•
-
.-100
26%
53
21%
115 V*
Oct
.28% Oct
.
164 % Jan
.
No par
32
22%
21%
15
32
—No par
30%
53
45 y8
184
4
65 V- Jan
Elec——No
25
Vil
23%
22%
2
2
v
20
142% May 24
2
Jan
18% Jan
.
100
Wks &
.Associated
Atlantic
A
24
23%
76% ' 76%
-•21
-
36.
22%'
54
14% Jan
2
23% Sep
14
14%
3
5'/4 Jan
24
9% Jun
28
3%
Jan,
6
Nov
Dec
B
'
•
44%
53 %
Jan
15% Jan
75
/
preferred.: -2--——No par
3,200
41
121
•
*35
43 %
22%
9% Aug
Feb
—100
Woolen
'
30%
Va
,"V 7-42%
42%
*53
9% July' ;
14%
___10
—14 1,
Corp.
preferred
&
7,200
•
83%
*119
40%
24
1,300
!
41 Va-
Va
*70%
121
11,100
82%
V,;
29%
24
Jan
27
100
nrior conv preferred
Arnold
2,300
138
*136%
108%*:
*106%
114
78%
114
78%
103%
113%
113%
77%
44-
43%
43%
*81%
Apr
6%
NOV
...
_25
Preferred
.$3,75
'4,700
,
130
130
134
138
*50%
;
113%
110%
v
114
76
7 Va
111%
125
—
B
preferred
Armstrong Cork
4,109
:
17%
40 y2
40'/a
134
*
52
*106%
51%
*106%
110%
*113
'
13
100
y__i.
>6 conv prior
400
*17%
"
76
74%
23
25
•
Jan
100
1%
6,809
107%
' 21 y4
•y
17
1st
Armour
.
40
»
107%
21 va
17
40%
13614
133%
136%
139
51%
"
108
106%
107%
114
3
Nov
13% Nov
-14% Oct
3
8
Dec
80 Vz
Archer-Daniels-Midland -——No par
•
42,200
140
54%:
..
1,200
'
127
107v2
21
1,309
'
106
14
Jan
Oct
Aug
79%
1
Corp/
,—12.50
$4 preferred
-j—--iVo par
Anderson, Clayton & Co—„,21%
andes Copper Mining—
___2o
A "P W Paper Co Inc,i,y>"-> 5
10,700
127
127%
41
139
*106%
Jan
Nov
Anchor Hock, Glass
yy 1,600
Va
••
*138
*126%
*138
17%/-
137
52%
108
61
Nov
15
Nov.
76%
>7%
50
—100
530
y
'
*106%
13
103
'Jan
48
/
28%
par
Copper Mining—/—
23
■
13%
13%
127%
20 -
139
139 %
Jan
39% Mar
par
No
Wire &
sy4
49
23
9 %
140
19%
*136
138
138
*138
Mar
4
Nov
Feb
-~,..-No par
Anaconda
310
47
23 y4
140 •
17
41
40%
41%
65
1
13
Jan
-
*40%
9
13
6% Aug
par
-No
Anaconda
111%
111%
47y4,
127%
'
■
-
17
,,,1?
57% NOV
xl03 % Nov
Apr
par
^
class
Water
*5
100
43
8%
28%
19%
19,/4
19%
17
142
1C8
108%
"*"108
Jan
Jun /
14%
100
53,300
52
42%
112%
;
46
*22
8%
13%
14
127%
'
53%
54%
','r 53%
54%
*108
13%
127 V2
*140
142-
8%
*27%
28%
28-
126
//•'V
8%
8%
13%
13%
125%
7
'*•
"22'/a " 23
.
27%
,27%
;
..
•9V"
8%
8%,
27%
3%
<
>1
46
par
Amer Zinc Lead & Smelt
y 7,800
.•;".
81
52
:
V.-
"'
45%
•
22 '
;
Apr
102
30
par
preferred
$6
6,b00
..
47%
45%
52%
43
','"22
31
Jan
•
23
._10Q
Refining
Viscose
American
23,700
10%-,
*78%
52
*111
2914
10%'
10 y*
43
,21%
Dec
10% Oct
41
Type Foundries Inc_
8%
Am
••
300
132%' 133%
133%
;•
34,400
1
.
109
*106
29%
300
«■•
23%
23
109
28%
122
*119%
23%
*106
30
130%
:
122
'
21
4U%
Mar 26
Co_^_^—-No
preferred
21%
61%
52 '/
V
6%
510
21 Va
42%
43%
-/yy
*158%
21 Vi
52...
112 %
43
33
68
'
61%
42%
/
*42%
Dec
52% Nov. 23
21
Tobacco
159%
52
'
*112%
29
;•
122
22 %
83
46%
*oy2
'.'-*4%
■
t"io'/2
81
81
5/8
10%
10%
10 %
10 %
10%
*119%
129%
129
128
62
*108
129
28
28%
128
94%
123
...
Telep <5c Teleg Co
21
,21%
61
HI
*108
109 %
27
,'
25%
Jan
5
9
No par
Foundries—
Common
61
159
159
20%
23%
22%
23
21%
26%
.
62%
119%.,
119%
119%
*118%
Jan /
2
12% Nov
25
Stove
American
y
'
109 %
26%
"*78%
159%
:
Steel
Amer
1,900
90
22%
15%
1
70
25
i Am Sumatra Tobacco—,,
12,600
193
88%
110
Dec
Mar-.-/
5% Mar
59
30
preferred
American Sugar
;yyy ~«oo
191%
89%
119%
y Mar
*-
29
9
6% Jan
100
Preferred
192 Va
62
21%
11%
y
Oct
15
68% Jan
y
Apr
Jan
1%
19
3
Jan
47
>
Dec
Oct
Razor
>——
non-cum
American
3,600
192%
192
192%
•;
4Q%
49%
50
89%
189
20%
110
5
8
23
-
Dec
,Z/4% Aug
Nov
40
Jan
i
American Stores—
500
149%
*147
150
*48
50%
%
57%
56"
58
150
Amer
-y>yy; 900
25%
'
56 %
*148%
15,600
:
89%
..
/
11
Dec
36%
109% Nov
Mar
38% Jaa 24
1
2% Mar
.
/20%
107%
-
Feb
Sep/;
Xll7% Nov
Jan
i
Mar
21%
98
108
American Snuff
6%
188%
159
96
1
8% Nov 20
20% Jan
——100
Smelting & Refg
:50
187
89%
y
100
i
Preferred
380
1,700
162
'';.y; .39%
39%
*25%
*29
,f"
y
50%
50 y2
*157
Amer
10,400
/
177
176
y4
162
x39%
40 Va
29 y4
150
49%
50
158
*25%
56%
56
*176
176
yy
*89
OO1/*
,
Nov
Aug
39% Nov
18.50
American Seating Co—
-No par
Amer Ship Building Co——No par
250
Jan./' /:/' 15
101%
19 Vz Nov
Jan
2 Va Jan
91
30-
43% Jim
10% Jan
27
22
Mill—
Safety
10%
//'•••-9% Nov 28
22
preferred
conv
American
1,500
30
44%
89%
159%-
*118%
4% %
/ 2,000
44%
3% Jan : 2
Jan
No
Power & Light
27% July ;
Feb:"
-•14
9
53
26
Preferred
2,160
131%
No
Co.
American Rolling
20,500
97
34 /
;/.
44 y2-
61%
"
y
60
26%
26%
96%
y-;.y
180
180
183
26 y8
27,300
1,7%
115 Va July
108%
48% Apr
-No
$6 preferred
No
$5 preferred
No
Am Rad & Stand San'y,,i
No
4,100
107Nov
No par
Ltd—
News
Dec
18
No par
preferred™.——4^.
Amer
j 4,200
92
17%
*180
8%
99%
30
par
—
Co
Jan
/
Nov
/ 42% July
30
Oct
"
29
par
No
Metais—
&
23
95% July
183'/a
£
38% Nov
Nov
—50 /'
Locomotive—
preferred
Jan /
27 Vb. Nov
ill
preferred
conv
American
1,820
■
30 y2
39%
J-
20
159 %
5%
Co ol
invest
American
150
141
63
92%
103
92 Va
yy
40
*139 y2
-
..'•■>
12%
102%
y
39%
188%
187
*88 %
52
Metals
33%
•
49l/4
26
*148.%
50%
*49%
Amer
140%
97%
158
40
*28
29%
150
*146%
50%
39%
.'-V.
-
50%
54%
53%
150
Mach
62
27%
"176
158
*25 y2
25%
*29%
•
29%
29%
53%
162
25%
25
Amer
I American
63%
16
Mar
July
149
7%. Jan
Mach & F iy Co,-,
140%
63
180
44
49 %
49 vA
158
-
39%
y-
40
25
Amer
1
40 VB
"
—
Apr
'109% Jun
Certificates of deposH_-
10,000
18%
61%
176
176
9
*158
7%
/
Jan
33%
Sep
14'
;
'/•. "• ».■'
60 %
162
1,300
38 V*
30 y2
:
.;/•
120%
120
120%
37%
*32%-
32
32
32%
30
55,000
38%
96%
r/y
380
39'%
36%
26 y4
27%
98
52 y2
38%
17 Va
92%
180
183
*51 y2
39
16%
17%
97
51%
..' v40
103
18%
27
700
120%
'12%
12
18
26%
13%
16%
92
"
*13%
37%
•102
26 y8
97%
,-)./■
•
92
18
180
26%
12%
■
102
17%
182
ii y8
90%
/
100
82
,170 Vz
22
100
No
li.;
1,900
13%
16%
-.y
62
Covo
13%
*13%
■
16%
•
Internat
"13%
13%
13
i,y
11
27
Oct
133
Apr..;
143 Va Nov
Jan
18 % Jan
par
preferred—.
6% non-cum
Amer
-1
37 ;
40%
140
,y.:
62
300
y y 6,700
yyy 4,000
;
37
140
.
100%
Dec
Jun
"46
May, /
Nov
127
Jan
v
Dec
1 72%
.
Sep 19
i,
60
No
Ice
51%
yy
121 %
16%:
37%
37%
89%
-
100%
Jan
Jan
/ V'' 19%
.
Jan
'// 8
105% Apr 20
30 % Jan 24
>
^_1
Leather
13
,.
37%
100%
99
99
88
17%
17%
16%
American
vl26%
131%
'45%
23% July
V/;- 7% Jan
29% Nov 16
—,-10
SS Co
Home Products
American
'.y.7,300
/-
8
17
67
13% Jan
>_1 •;•
preferred
conv
1,800
12 Va
140 y2
x40
41 \
16%
*138
"
13
'51%
•
120 Va
121%;,
39%
140
89
26%
36
y8
".
61,. ,61%
ny8" *12
v
51%
51%)■
36
121-
37%
36%
11%
11%
87%
13
.
16%
*138
60%
/
39%
16%
36%
35%
121
38%
.
*51%
35%
13 V8
13%
101
6%
100
,"'57Vi'
Hide &
American
12,700
11%
'
13%
y-y
Jan
15% Nov
'
27'. Jan>.
No par
-No par
No par
ii
preferred A
preferred
American Hawaiian
4,200
10%
99%
13%
*13%
•
*120%
y- .-"57%
f;
100 y2
13%
13%
50%
"
11%
*10014
13%
*13
57y2
$6
37%
". 1351
■%
112% Mar
—No par
1
No par
preferred
57 2d
700
51
9%
98 y2
11%
100%
13%
$7
7,800
5
197% Nov
Export Lines lnc—
Foreign Power-—
16
/ 1.12 V« Oct
110 *
-20
Co
European Secs___
Amer &
Jan
18
•
—50
.
American
1,200
35%
107%:
•/.'■/ 51
9%
98%
99
*13%
ioo 3/u
*100
9%
*56
57%
-
100 y2
140
60%
;
i
u%- ^11%
13%
16 Va
36 %
*49%
99
-
Amer
60
Jun
55% Oct
Nov
110% July
Apr
80
Dec
42%
Dec
16
Dec
4V4
May
40
28
22% Nov
/
17
26
7
Nov
5
/
par'
par'
stamped
Encaustic Tiling
Distilling
Oct
,96
—Hi
—100
'
9%
13%
38%
16 %
*145
*55 %
/
:
*
13%
120%-
38%
*158
9%
*13%
50%
30
*>■'
13%
35
*43
51%
13%
13%
*32
xol'A
13%
50%
97
52%
51'/a
.
13%
34%
*178%
■:;/ 107 %; 107%
-,
%
115%
35%
107 Va
13%
*13
•
36%
14
13%
*13%
115%
116 «/4
107%
35
37
300
1,400
15,600
/ NOV' 30
15
—
preferred
American
yy
Mar
»:■
Mar 21
39,
_I00
i—l_.No
Chicl4_i.
6%" 1st
7,000
8 Vb
8
82
Vb Feb
89
100
Colortype Co—
4 Vz Vc
preferred—
1
American Crystal Sugar
Amer
39%
39%
t
.
21
183% Jan
par.
preferred^
preferred
conv
8,400
19
«18
•
p
Fdy—r.-No
American
9Va
107%
•
12 y4
/
19
8i/4
115%
8%
.
39%
1,500
::
Nov
Julv
24%
'
Jan
37
10'/a Aug 21
—25
—100.
—
A
128
—1,
Chain & Cable lnc——No
5%
American
;20
52 Vi
-—
x41
100
—
Cau_:—^——
Car
non-cum
230
3,600
"
99
11 %
-
8
116 y4
,116
57%— -y
.*36 y4
12
99
7
36
9%
v
57%
97%
11%
*138
*18-
x39%
8%
9%
•96%
■'
120%
19
39%
51%
*56%
-
8%
8%
9%
7%
:•
28%
157
69 Va Jan 30
15% Aug 21
•i,
par
No
Co„__—-
preferred
Preferred
Am
30
118
Jan
Nov
40% July
Ap^
2
67
Aug 21
28
Corp_
Shoe
Cable A Radio Corp
410
108
4a»/2
103
par
—50
Bosch
American
4,200
-
-
71
*107%
':-•••
48%
19
37
preferred
American
■r
♦17%
30
42
yy
27%
/: "' 26%
26
107
-
39%
107 y2
49%
49%
48%.
48%
25%
7 7?/ 8 %
115%
*107
107%
*106%
107%.%",
43
r/
8%
115%
34%
43%
'49
8 Va
Corp—.No
28
share'
per
//"
Apr
Sep
43% May 14
>.50
33%
10% Nov
92% NoV
.••y
27%
*69
71
107
48%
40%
7
8
108
18%
:
40
8%
26
"
8%
-
"> 18
39%
"
l
•
140
35
6
2
5%%-
3U0
143 y4
27%
V;y
120
5,epo
■?;.
38%:
10
23
24
Brake
■\iuer.
2,coj
■
127
*138
27%
*69
"71%
"
26
*107
*
49%"
48%
*114V2
•
,
38%
140
'
" "".J.
26
/
30
y.
62%'"
143 VA
143
X27%
'
108
%
39%
39%
*125
38i/a
38
*141 va
xl38
28 Va
*27%
y
Jan
37/8 Jan
$
Apr
24
Am
32,400
196%
61j/4
<
*
28 VA
25"
19
*17%
19
107%
f
142
37%
a
61%
127
■*124V4
38 "
141%
142"
%
sy8
48
47
8%
8%
39%
60i/4
"■""• "6i y2
*125- ".127 :;■•
60
..."7 196%
105
par
Note—
tiann
A-tift'rcah
y-'-y.
104
103
:
11
Jan
3,900
15%
Oct
_1
"•
140%
*107"
y2.
108
47%-
*17
104
197
*69
*25
108
*107
28
103%
15%
:•/
8%\
160
."
134
20% Jan
1,800
135
135
-
15%
197
143
*141"'
143
135
15 Va
106
143
38%
141 y2
V
28%
*141%
"28
141%
126%' ~
38%;
*133%
y
2
42% Jan
Aim-ucau
y!,-v
,
113"% Jan
American
6,000
51 Va
11
__1G
6,700
21%
21%
Oct
Agricultural Chemical-No par
Airlines —j___-5
; Amei
2,200
.*■
V
79%
".,""50
196%
%"," r.r
"
"
'
38
140%
140
59
37
491/4""
49%
15%.
87 Va
36%
'•/', 79%
104'/4
*■'
197%"
42
86%
.
'•.?•:
21%
196%
104
.
126
128
*126
125%
140
*138
'
104
■196%
59
198
58%
.80
21%
135
,15%
"•
.
104
102
196%
15%
15 VA
15
14%
•
103%
196%
*100
.
78%
50%
135 *
-
135
*133
135
*133
135
*133
37
.
Highest
share
54
No
Petroleum
Ameiiicih
per
2
preferred
900
•;
•41%
1
86y4
36 %
78%
50%
156
Year 1944
$
per share
38 Vb Jan
lnc
Co
Leather
AJttuiguii,
$
share
Lowest
-100
fujtland Cum
Alpha
per
Highest
-
par
No
Mfg
preferred,-——
eunv
900
67
'
4iya
84
'
37
78%
20%
,
41,100
153
/
21%
035%'
35
34%
35
4%
1,000
10%
65
153
*40%
86 %
34
31 %
97/b
61
40%
85
*70
31%
9%
*150
40
700
:
31%
8%
153
152%
.151
132
132
57
84%
134
Allls-Chalmers
6,100
•
.
40
53
*132 y8
*30%
:
8%
8%
52 y2
71b
53%
132%
-7
31%
30%
8
*52%
53%
*52%
132
$
Par
52 y8
52%
51%
52%
132%
31%
52%
53
30%
*30%
30%
52
131
*129%
132
*30
1
51%
51%
51%
49%
share
$ per
$ per share
share
per
Lowest
EXCHANGE
Shares
$ per share
share
$ per
Range for Previous
Range Since January 1
STOCK
YORK
NEW
(he Week
Nov. 80
Nov. 29
Nov. 28
Nov. 27
Nov. 26
Nov. 24
Sales for
Friday
Thursday
Wednesday
Tuesday
Monday
liitwrdaT
RECORD
STOCKS
HIGH sale prices
LOW AND
(Monday, December 3, 1945
Oil
Barnsdall
Bath
Iron
Bayuk
Co—
Works
Corp..
Cigars lnc
Beatrice
Creamery——„
$4.25 preferred—.,—
Aircraft Corp
Beech
Beech
Creek
RR
Beech-Nut Packing CO——
20
20%
20 Va
20 Va
8,300
Belding-Heminway
26%
27
27 Va
28%
5,700
Bell
Aircraft
Corp—
18
Apr
26%
Dec
9
33% Nov
30
11% Jan
22
28% Jun
26
5%
Jan
13%
Dec
19% Jan
31
44% Nov
27
9%
Jan
23%
Dec
12%
Jan
31
23
Jun
21
9% Jan
14%
Dec
66
Mar 27
79
July 13
60
Jan
68'/a
7
51
Nov
30
2iy2
Apr
23%
20
12.
Jan
18
30
14%
Sep
24% Aug
29% Aug
17% Jan
3
36
Nov
50% Jan
9
54
Anr
Nov
29
53
Nov
2
25
Feb
28
Dec
29
Jan
Dec
July
53
-
16%
18% Mar
7
14% Aug
19%
Dec
32 Va Jan
19
47
Nov
20
25%' Feb
34 »/a
Nov
36
23
51
Nov
29
31
Jan
38
Dec
3
110
105%
Jun
111
7%
Jun
14%
Dei
Jan
38
Der
jun
14% Aug 17
Jan
11
15% Jun
28
Aug 17
40% Nov
27
Nov
15
131
Nov
20% Nov
28
10%
Jan
13
July
13
10%
Apr
15%
9% Apr
Jan
20
12 V, Jan
15
114
Oct
Jan
25
106 J/a July
35
22% Mar
12% May
2
133
29% Nov
31
111%
Jan
.Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4443
162
LOW
t
.
21 Va
V
21 Vg
107
108
108
;
22 Vz
23
22
*108
107%
54%
107%
52%
52%
53%
54
27%
27%-
27 %
27%:.
27%
28
,-27%
>
53%
54
*53%
.54%
.*55
> 54.
56
55
"'
28%
29
23%
,
23%
92%
.28%
31
32
"T"23 %
23%
23%
23%
93%
94%
93%
30 %
29%
31
'
'155-
*152
:
23%'
r
23%-
92
93'A
*152
>
*152
155
'
68 %
68% >
•
,:69 %
69%
32
32 V*
19%
19%
19%
.
71
•"30
69%
31% t
69'A
.
» 71%.
;.
31%
18%
28%
18%
■
/31%
19
.
*28%
29 % v
*28%
35%
28 %
35%-
36
32%
19%.:
v
.29 %
*109%
111%
26
65%
66%
*106%
108
'.*64%
*28y2
29
,
••
ISO
42%
50
*8%
*56%
'56
*73
33
70
'
'
«8
68
68
17%
.A;':' 16%
>
48%
49 Vz
66%
76 V:.
*54%
56%
76
:.
*110%
33%
,*67%
68
39
'
91%
;
112
*38%
v.:
v.
>
38%
17%
127
127%
»
17%92
livo
/• 33%
'•
127
93
93 %
93%
22%
22%
225/a
23 y4>
22%
23
34
21%
21%
21%
22%
33%
33%
33%
33%
33
30%
30%
31%
32%
> 33%
34%
34%
34 %
34
34%:
34
34%
*34%
34%
>. 34%
-34%
*34
35%
35%
35%
35%
35 ¥4
36%
36
*107%
111%
*107%
111%
*107%
>>
v\>
no
17%
17%
»
17%
18
12%
12%
X
12%
95
•77.
78%
24%
5%
22%
■>
22%
*100 if
100%
*37
;
v
6
•y 23
38
54%
31%
38
5S
8%
8%-.
9
9%
9*
y
■
9%
9
42%": 42¥4
42
41%
42%
*125%
127
126%
126%
*127V2
129%
54 %
54%
,*53%
54%
*53%
54%
10%
17 Vo
17 Va
17%
16%
17%
68:
67%
67%
67 ¥4
68%
17%-
17%
y> 30%
1
54%
*53%
;/
16%
16%
,
*65%
*66
68
56
*43
43
32
8
42%
»
•>>
8
> 155
43
69%
108 Vz
155%
155 Vz
.156%
.19%
19%
20
19%
20
197,«
21%
20%
21
20%
21V8
21'/a
24%
25%
25%
26%
26%-
27
/> 25
y.
*15%
.
S
26'%
41%
14'/a
.
*156%
16%
15%
io
22%
31%
31%
-49%
*18
•77"
107/a
22%
*31
29%
29
29%
%
29 ;>...
.
30 Va
:
:i
*18
56
»
10
:"'•>
22%
23%
10%
..
Southern
45%,
31'A
Co~~>
Administration
Carpenter
Carrier
14,100
700'
451-2'
=
class
Steel
Co
(J I)
>
20%
Celotex
7,600
5 Vo
1,960
114
_—!—\
10
Central
3,100
Cerro
llOVz
6%
32
70
No
18%
200
17,100
10 ¥a
7,600
Chic At
11,700
Class
78V2
600 .'a
■:
10% ,40s% -
7,500
:
30 ■"
30i%
y >28%
29¥a
Foundry
111
Lt
6
73
73
74
71%
46%
46%
47
44
74%
76
75
75%
74'/a
.75%
30%
;
70
45%
74%*-;
30% v
30%
32 ¥4
33%
:
31%
'
32%
30%
>■
30
•
31%
30%
•
-30%
"72%
2,500
>
Sep 13
2
>
;.
18% Nov
x33%
*56
57%
60 Va
*59%
60
21%
21%
21%
21%
21 ¥*
19%
20
19%
20
20
21%
*19%
?:
■
57%
•59% !
59%
";56
•
:
•
5%
RR
A
23%
:
20
»>•
23 %
23%
30
20
•
$3
90
60
Pr
Apr
6V4 Apr
4
>-
20
>
>
9 Va Nov *28
> 32% Nov 13
Mar 26
31
Jan 24
113¥a Feb
8
7
47
Jan
45 Va Oct.
128
48 ¥2 Jan
11
Jan
preferred
preferred
wJ
Order
No
2,200
1,200
Chlckasha
11%
>
9,800
tChlids
Cotton
333A
Jan'
47%
83/a
Jan
42%
Apr
12% July
51 Va July
67/a
Feb
Jan"
135
; Nov
26
97
Jan
Mar 26
> 45
Va Nov
19
27%
Jun
26
> J52
Jan
473/4 Jan
■
11%
10%
11%
11%
41%
40%
40%
41
126%
127%
128%
10%
126
/
•
11%
43 ¥4
130
11%
11%
48
,11%
43%
129%
.11%
46'A
48
128%
129 ¥4
128'A
'
*56
26
'63%
•
*111%
•
105
63
*108
102%
19%
63
63 >
205
20
;
•
21%
x«4%
*190
205
106
*103
105
112
112
60
*108
>
110 v.
;
110
61%
110
*99 %
99%
*99%
99%
59
*56%
59
*56%
59
"
103
62
:
:
103
25
.65
65
'
23%
♦190
113%
-
60
,
112
* "
-
*99 VA "
;59
99 % '
59
40%
39%
40%
40
49%
50%
49%
49%
*153
V 158
.
158
*153
158
*153
180
'.
180
*178
182
*177
68
68
*1200
*1200
68
*1200
•
•68
-
*99¥4
*58
■
40%
50%
x61%
*107
••
*108 >
49%
*67%
53%
6,600
.27'A
2,400
'
y
*58
1041/2
*102Va
:. 24%''
23%
*-•
62
130
104%
500
24
10,000
'¥'•
67
67
*180
205
♦102
106
I60
113i/2>
•
:
103%
100
*112;113'/2
.
-81 % x
39%
*153
9,100
53--X
205
103%
>'
105
*112
39%
,
132'A
>>>26%
65 '
y *190
205
>103%
49
68
610
26%
-65
;
130%
481/2
53 %
"
*102%
:
3.9 %
180
,.
26%
'
?
>22%
49
*178
*67%
vo3
/
.
-•
-
*60
99%
99%
-.*56%
53%
27%
1
v
>
130%.
*47
700
>-
61%
111 '
•
*
Nov
223/a
Dec
Nov
65
Dec
4
^
33
'45% Nov 28
>. *107
Ill
20
99% 1 "•">*99%
993A
59
*57 Va-
r
15
71
64 Va Nov
40
40%
--"50
48 ¥a
483A
158
*153
158
180
*175
179•
68
>
N
*153
39%
39%
?' %
40%
*102%
103%
*102%
103'A
*102%
*1185
47%
48%
48
48%
^•%
*<%%
111%
112%
*111
For
14%;.
footnotes
112%
14%
see
14%
page
2659.
*111
14%
112%;
16
'•
41
Jan
19% July
Nov
23
.,4% Jan
,21
,
Oct
Nov
27
2
105/a Apr
v
28
2,300
lOVa Jan
22
Jan
24
7
Jan
'■
1
64
Nov
108
800
*111
16%
42%
42%
42%
43%
*102%
1031/4
103%
103V4
<t"i/4
47%
49
112%
: 16%
*111
16%
112%
16%.
*111%
> 163%
Ry. Co
8
180"
48
112%
17
8,100
-
^■120.,
Cluett Peabody & Co,
Oct
33
41
Jan
•
3
par
15% Jan
/
5% Jan
24
•
NOV
Jun
22
29 5/a Nov
66% Oct
1,700
60*
96,900
preferred
—
74
22
49% Jun
22
76% Jun
Collins & Aikman
5%
conv
2
Nov
23
Dec
Jan
31%
Deo
Jan
46%
July
Feb
14 y8
Dec
44
Apr
50%
Dec
Jan
Sep
9ya Mar
Jan
18% Mar
4%: Jan
30
33 % Nov
30
59% Oct
15
36
19% Jan
.,
16
,
Nov
7% Mar
Jan
253/a Mar
Jan
60% Nov: 15
Jan
24% Oct
21
Jan
Nov
16 V8
ll7/a Nov- 27
91 ¥8 Jan
24
42 % Jan
2
20% Jan
2
Aug 28
27% Nov 30
2
> 56 Va Nov 27
par
/;
.', .'
31
89
44
par
186
105
Jan 22
oar
No par
No par
new,,No par
1
i
2
357/a Jan
Apr: 19
May 15
Oct
68¥4 Nov:
17
3
Feb
14%
95
:
413A Sep
3
53% Oct
16
5
Apr
9
>152
May
31
183
72
Nov>28
Jun
Oct
July
98 Va
Jun
50 Va
July
July
Jan
25 Va
31%
Dec
Nov
66 Va
Oct
Jan
10%
Jan
35%
Feb
51
Dec
Jan
185
Jun
148
78
Jan
110
Nov
115%
Jan
Apr
45 %
Jun
Mar
109 ~
37%
92
Jun
59
6%
30
6%
30
100
>
17 Va
Nov'
108
t
2
>
15
Feb
■' 25%
Nov
19% July
.,
May
40 y8
>
:110% Apr. 16
3:
84% Jan
19
Nov. 28
69 Va Nov
2 ..115
62 % Jan
'Jun
25
17
130
77 ¥4
105
53% Jan
^ 140
16
58
26
93% Jan
par
Nov
Feb 20
106% Nov
•
24
Jan
50
Jan
14¥a May
1% Jan
134
2
Jan
109% Jan
1
21% July
49% Nov
57
28-
2
Jan
Jan
Jan
Nov
27
98
Jan
9¥s Jan
21 »/8
38 3A
48
Jan
30% Nov
65 Va July
Dec
Feb
13
>
16
4% Jan
Apr-
Sep
47
1
"
10
2e3/a Jan
21%
43%
15%
1
26
par
oreferred
Colo Fuel & Iron Corp
Apr
18
26
19% Jan
par
—50
No par •
—_No par .>
N<-
Nov
27
24
25Va Jan
543A Jan
100
No
134
Dec
27
100
A
Jun
ll7/a
34 V4 Jun -18
30
170
gtd
9
5¥4
18
Jan
24 Va Oct
,,100
—
37 Va
11
•
18
par
49
(The)—
12%
Feb
Apr
May
27%
7
7
12% Jun
22
Jan
4%
17 Va
12% Jun118
26
22
Nov
23
7
58% Oct 17
6 Va Mar 26
Mar
57
26
Nov
80
•
15
28 ¥a
Nov 19
20
475/a Mar 27
Sep
Apr
Apr
v
>112
5
14 Va Jan
114
8%
i
14
50% Nov/
3
18
par
(The)—A—No
Colpnre-Pnlmolivp-Peet
$3.50
Jan
Jan
30%
Sep
'
28 Va Jan
1083A Oct
100
No par
$4.50 pfd,-i
Bronze Co
preferred
Class
Jun
July
4% July
7%
28
40
15% Sep 20
:
21% Mar 28
par
Coca-Cola International Corp No par
42%
103%
•
No
preferred,,
Coca-Cola Co
15 Va
Dec
20 ?A
18
Nov
107
:
:/
29% Nov: 27
» 45% Nov 30
24
15% Jan
Preferred
"155
Jan
2%
10% Nov 30
20 Va Jun
13
PJar 26
33
>
—.5
Olev Graph
5%
Jan
19
49
No
Louis
129% Nov
17
,
No par »
Corp
Special gtd 4% stock
Climax Molybdenum,,,
*1185
*
& St.
Jan
40 Va
11
5
5
__S
Fuel—
Ilium
106
1
2
20 Va Apr
5
28
Equipment
El
Jun
21% Sep 21
I4¥a Jan
18% Jan
„
10
Clev At Pitts RR Co 7%
13,800 >
179
62%
5%
Clev
Apr'
96¥a
113
54
Stores,,
Clark
54
31%:
28
,-
'
City Investing Co,,,—,,,___Nopar
5%% preferred
__100
City
Jan
Dec,
July
Nov'30
2
par
Corp
&
44%
Oct
Mar
158
Jan
No
10
158
*176
66
Ice
39
152%
Jun
No par
Oil,
10
•
"
39%
10314
14%
City
Apr
143 Va July
May. 7 :
Nov'13
171
53/4
110
par
No par
No
,__No
C I T Financial
Jan
J27
i—No par
100 ,:
Co,,,
,_6
Co
Chrysle-
Dec
17 ¥a
104% May 15
w
Copper Co
O. C. O.
1,300
49
X64%
,,'
65
59
-
>
*63
•
39% " 40%" '
>
*1200
39%
*102%
48
Chile
'
112
58
v
26%
*58
66
*103
>
53
>•
102%
112
y
110
-
103
19%
112
60
67%
58 Vz
*190
205
*190
*102:
26%
103
•
•19%,'
63% >
19%
53%
26%
57
52
102%
102%
53 y
26 Va'-
57
>•>:
56%
.
53
26%
51'A
51%
'»•/ 26.
>' 11
y
Dec
Dec
56 Va
26
8% Nov 27
3
22
37 Va Jan
33Va
Deo
82 % NOV
2
35% Jan
"
9
5V4 Jan
54 Va
119
Dec
33% Nov 27
22
'■
*40
11%
43Va
2
Jan
Dec
•> 18% Oct 11
>.■ 56 i Oct
2
5
59%'Aug
Jun
73/a
21% July
35% Dec
26
1
100
i
w
Chicago Yellow Cab
>"
■
21
V
50
)Sep
Feb
23y4
9
Dec
25
1%
May
32
50
i__No
w
conv preferred—
pf ($2.50) cum dlv
;
6
Deo
96
"23
lBVaJun
72
Mar 26
116% Jan
July
Nov "17
>
2
52
1
Dec
~3%
30% July
57
Nov
15 %, Jan
54% Nov 26
4
103A jaiT-33
>.
Oct
15%
17%
1.
Jan
:—40
Chicago & Nortbwest'n
200
56%
60
Jan4
Feb
25
Chicago Pneumat Tool
-
Apr
20
.Tan
50
vtc
3,900
•
12%
67%
24¥4 Nov
'
-i
PI P
Mail
19
101% Feb 28
'
3A
5
Co
33%- '■'?
32%
56%
23 %
>20
20
Series
Apr *
?
533A
5
preferred,
,5%
7/a
6% Nov 21
24%
100
—
Chic Milw St
22
Aug 21
,
16
Oct
7
No par
No par
—No
111
A
.110
2
Jan
87/a .Jan
26 74 Nov ,30
Nov
1
Chicago
/
Dec
6
Jah
25
Checker Cab Mfg
Chesapeake Corp of Va
Chesapeake & Ohio Ry
East
Jan
Apr 17
35/a Oct 19
100
Products
3,100
»v
70%
27
36
59 ¥4
Apr *
23
8,600
57
43 Va
13
13 3'a Nov
16,100
59%
Nov
115 'A Feb
41,800
32%
31%
*56./
21% > 23
19%
60%
Dec
81
23
73 Va
>»" 34%
Dec
83
16
71 Va
34
Jun
9%
Jan
11'/a Nov
42 ¥a
71-
15¥a
Jan1
54
109¥2 Jan
72%
•
Jan
4
Nov "14
par
:> > 41%
.
8
15 Va Nov 30
95,
preferred—100
»
42%
*71%.? 73
'
31
-
57%
*56
57%
*59%
73
x42
46 ¥4
-
60 %
*56
■
30;'
f29%y
29%
J3%
¥4
12 Va
38 V4 Nov 30
:no% Nov
9
'
70%
Dec
.
:
56
1
Co
4%%
Chicago Great West RR Co,,
89,600
45% y
Dec
20%
39
Champion Pap & Fib Co
No par
$4.50
preferred ——No
par
57 Va
30%
74%
Jun
22%
2
20
prior preferred
18%
.29 ¥a
69%
11%
Sep
3
No par
de Pasco Copper,,,
78%.
28%
45
Dec
Jan
,
26
100
Chain Belt Co
200
1,800
110%
29¥4
•"
Apr
77%
16%
17
30
l%Jan
No par
Corp
Certain-teed
"
>
7%
Dec
12% July
-
35% Nov 20
15
No par
Century Ribbon Mills_,.
9,700
:
101/2
Jan
Nov
Dec
Dec
129
Jan
"47%
27% Jan
'
-
57/e
19
Dec
253/a
14
.Jan
10
Oct
23% Nov 19
87
V
No par
*
1st preferred
preferred
Central
18,300
21%
49 Va
Jan
V 52 % Sep
.,100
Central Hudson G & E Corp,No
90
50%
X21.
Oct
2*2 % July
Jan
8 Va
116
>
97
2
53%
*
17% .Jan "
18% Oct
■
1
_____,__25
Co
Central Aguirre Assoc
y >56%
>
39 ¥4
,
37 Va Oct ,19
>
>
—,'1 >
2d preferred—.,
7%
■>;>'.
23%
Nov
35
3%
.10
;
Celanese-Corp of Amer
2101"
r
10
29
2
1053/4 July 26
__5
Corp
Preferred
$4.75
>
V>: 10%
71
Nov 16
i83/4 Nov ,16
"128
NOV '28
3
>yi4%
.,100
Caterpillar Tractor
3,700
>>
158
■
28
A
Ry
Case
11,000
451/2
>V
19
Jan
13
> 40
77% Aug 23
59'A Mar 27
'
29 %
56%-
Jan
143/a
7
Oct
21% Aug
53
Oct
Nov 21
-
:
7 V4 Mar 28
10
Ohio
&
4%%
270,;
147/a
50
40%
Nov
80
35% Nov
2
13% Jah
par
—
Clinch
8,900 '
%
43 ¥4
*31%
44% Aug.
50
July
2
105
No par
^.100
preferred-—
Carriers & General Corp.4
8,800
110%
Jan
Nov
,.No
;
3,100"
r*
25,300
y.
123A July
Jan
39 '
10
57'% Nov 20
2
">>
25
$3 preferred A
Carolina
100
7
Ry
Capital
100".
12 %: ;.
: >
Jan
27
45
;
39
Ry
Mills
250
30
28%
preferred
Cannon
1,300
29 V4
29%
'
29%
177/a v
>»" 14%
-50%
>>
57 Va
y 10
10%
10 Va
30
27'A
$4.25
56
75
'*•'
Copper
5
,_No par
fCent RR of New Jersey
112
Feb
112
25
20% Apr
tringer Ale common__5
Canadian Pacific
67,600
>. 1,000
io3a y
*108%
Jan
407/a
87/«
7
52% Nov
ri 30% Aug 27
;
Central Violeta Sugar Co
*76>>78
•
78%
Cons
1,200
32
50
*£ro%
19 y'
Hecla
&
2,300
1101/2
Jan
*
1
16% >
:
Jan
12 ¥4
par
No
39V4
.
3¥a
37%
50
Packing
16%
29%
,
*108%
'
29%
27%
Calumet
12,200
*29
18
>17% Sep 21
2
Jan
Oct
Dec
41% July
7% July
22 V4 Mar 26
Zinc-Lead
Canada
17 Va
No par
r,100
No par
.39%
">
34%
70 Va Nov
Jan
&
i.
16%
43 ¥4
•
__100
preferred
31,200?
26%
9 ¥4
'
10%
9%
9%
9%
29 %
27
*
5%
Callahan
21
12 ¥a
14'A
49 ¥4
23
California
•
~90
8Vz•
f>
preferred,,,
20,200
26
*113%
'
30
10 ¥4 Jun
22% Jan
—10
39
43%
>10%>11-
23%
3,300
%>■.
20 ¥4
,V
Jan
18% Jan
100
common
Byron Jackson Co
1,100
623/4 >
y
14%
111
56 Va
..
10% A 11
23
x28
*18
57%
22%
22%
15%
*76
19
>
56%
'
"
12%
114.
38%
>;•>.
110%
*110%
77
>
19
56%
9%
12%
32
49%
110%
10
y
8%
:•
14 ¥4
*31
49%
77
V
19
10
y
.
29%
*108%
360
>•.
70%.-/
.20%
20% : 21 ■>> >
26 >,
26% :
-
preferred
Copper & Zinc
Byers Co (A M)
;
Participating preferred
4,000"
-
69%
¥4
Jan
34%
59% Nov 17
Jan
>: 10
par
1
Butt®
11,900
61
156%
43%
14%
110%
49%
55%
28 ¥4
y. 43
111
*108%
112
74
19% V
55%
54%
14%
32
48%
>•,
43%
14%
;
111%
*110%
75
J. *18%
41%
14%
28%
32
:y
28%
41%
v.
Bros
4%%
162V2,
.
40
*108%
48
48 V
*110% 112
:
16%
38 %
14%
y
75
16%
x
>
•
158
*113%
38%
39%
29%
y
>- >>*107% IO8V2
20% A 20%
>
V.
108
Butler
9,500
54V2
8
28%
3
Nov
•
117
*
*
114
16%
41 y
..
111
32
9
13
114
•
38
27%
14%
*31
»■ 8 ¥4
:.y i2%
16%
26%
40%
*108%
.:
113
112
63
44%
*161
70%
62
r
v
>
70
*107%
20%
37%
37
*36
9
13%
12%
113
*kl2
A
8%
12%
11%
11% y
113
16%
*112
8%"
8%
8%
8%
>>> 11%
;
19%
:•;>>
>
,
21 Va
25
,y8%
.
156%
20%
>•
"
ifio% i6i
Bush Term Bldg 7%
210
134 ..•>■
> >-:• *44 >
:
32%;
30%
79%
>
75
8%
44% " 45%
70 ¥4
xi?%
Va Oct 23
15
74% Jan
-,,100
693/4
*55%
V
■
__5
preferred
54%
i... * 133
Jan
■10'% Jan
par
Inc.
Co.
129%
>.
,»>■ 8%
63 y
64%
*107% 108 ;
63 Vz
;
No
Terminal,,,——,
6%
70
Watch
.*531/2
16%
45
*78
.
70'A
60 Vz
156
154
155
;•
83%'
lfiOVo
*107
55%
109 ¥a May
30% Nov
123A Mar 27,
120x
Jah 22
1—,1
69%
134
Sep
8
45
9
45
No par
_lNo
*,1271/2
"... y;
18
55%
*133 i
Deo
55 %
55
5
23% Jaii
par
-No par
.5
Canada Dry
:>.f
08
24
/
Nov '28
5
21
,,100
i
;
Co—
3,900
a
Apr
Oct
183
497% Jan 17
106
July 26
par
x_No
^
423A
>.
.
88%
49%
Nov 27
*
66
40 Va Mar 27
No par
:
Campbell W & C Fdy
,70;:
17%
•>
8%
8%
>, 44% >45%
44%
Va
67%
>
108%.'
*107
108%:?;
■
8 Va
60 %
59%
59%
58%
*81
160
*69
» *43 y
v,
'31%
33%
;>32¥a
84%
y, 8 y4
67%
65%
65%
65%
*107
33%
161'
161
'
17
16 ¥4
Bush
Forge
2,900
v
54
'
19% Nov
52% Jun
39% Nov
373/8 Mar 27
5
.>42%
•
v
■
,100
No
Wheel—,—
Buffalo
100
6¥a
3
Jun
Jan
"108
m 10¥4 Mar 27
par
No ?ar
:—5 >'
Co,.
31
30%
.
129%
*,*53V2
4444
45 :.y
33%
8 Va
.
*127 %
>
:>
*55%
56
7-j
>
>133% 133% ;
82%
*
42% >43%
42%
iai •-•••!>
*160
;*
33 y8
82J/a,
73
8 i
-x
>v
*43V2
44%
80%
31%
78
17%
56
134
56
*43%
'<
•
133%
?
42¥4
x
128
•*17'A
135
134
£
"
31%
:
.
*55% '56
v
134i
134
128 r
-
>, 17
■>:-17
17%
17'/a
*55%
>
42%
>:'■ >8%
43
41%
42%
9V4
30%"
30
30%
-
3%
Oct
SV4 Apt
5
"42% Jan 24
47
par
^—No
Co,—."—
Bucyrus-Erle
Budd
8,900
>14,400
38%
'
54%
3%
8 7/8
'
29%
•31
/"•> 38
38'A
3Ve
30%
29%
& Stralton
f 7 %
preferred,,,,;,,,
Budd (ifi G) Mfg,,,,,,
V $5 preferred
17-15,700
;
24 ¥4
37%
109
12%
45
"
•
37%
>: >
3>A
3 Va
29%
X30%
100"
100 %
*53% >54%
'
No
Manufacturing
Briggs
Brown Shoe co_,
Bruns-Balke-Collender
1,120
26%
23%
;
3 Va
23
r-
93% Mar
69% Nov .30
"
,_,15
Brooklyn Union .Gas—
>18,700
V
no
6%
14
Jan
30¥4 Nov 30
3'
Jah
•(f 173/4 Ma,r
2.50
>3% Vo \ preferred,—,—4,
700"
>
37%
-
*53V2
54%
3'%
6%
100
39
:y
37%
-
*108
79
Deo
,1113/4 Jun
19
33% Apr
36 V2 Apr
•
,,_5
Inc____'
Brewing Corp. of America
Bristol-Myers
9,000,-
111%
100%
100 Va
38
•
3 %
>
•15 Va
100 Vz
23%
-,100
y
54
■
» 3%
26%
>110
23
v
20
*
.400
.
■
231/a
-37-.''>i:37.'•"
/•
38
RR
Bearing
Bridgeport Brass Co
200
93
*78
26 %
6%
6%
100%
>' 24
79%
26%
*109
110
6'A
6%
*35%
37%
37 %
%
*100
35
77%'r ;; x77.%
*109
110
23%
23%
100%
54 /-
.
3%,:.
8%.
6
34
54%
,
3%
*109
23 %
37%
.
f *53
:i
100
?
34
*33%
110
Maine
Airways
Briggs
•
60
18%
91
.
26 V2
&
5
(assented)'_100
Burlington Mills Corp common,,,1
4% preferred
100
Burroughs Adding Mach^
No par
93
i-i- 26 y
„__lo
Corp
6,300
*77 y
26
114
38%
93
Dec
14% Mar
Apr-^3
24Te July *0
36 ¥«
93
22%
19
52 %
1
>.36%
*90
76%
T
common*
Bulova
18
16
37% Oct
2
1,500
14%
Deo
7
30% NOV .29
26
24
35
*107%
15
17% Apr
34%
s-
25% Aug
Jan
49% Jarj
>• 95
Feb"
34%
18 Ve
51% Oct
Jan
7%
XIO8V2 Mar 28
Bullard Co
15-
Feb
16%
20 Va Nov
18% Jan 23
•
400
111%
37%
33% Nov 30
,">•
5,200
17%
71% Nov 29
2
6
>
>■
14%
2
2
■
6
y
*107%
66% July
Deo
130
Jan
20 % Jan
35
18 '/a
Feb
Jan
•
34
14 ¥a
y
•
par
34
17%
..
;
2,300
•
.93 ¥4
*3-3 %
yy
,
Jan
23
No
(The)
Roller
Bower
600,
y
72%
22 ¥a
v2/„ >y34%>34%
34
34%'
14%
93
76
24%
.
24%
5%
6
,
'
*109
110%
»
v
18%
14
■
*91
77
24%
110
17'%
12%
94
,
,
77
V
24%
*109
•;
*91
;
.
37
110
12%
*91
,
36
74
93
Boston
4,200
X--
34Va
y.
Jan
56%
115%
48
lOu
Co
Braniff
12,800
>
>
49%
110%
93%
*33%
v
800"
,
17%
15 ¥a
1
7
Nov ;
13 Va Jan
par
preferred
Borden
9,000/
*38
93 ' >
155
'
No pat
No pat
—No par
—NO par
—
Borg-Warner
■
■
17Var
56
110%
-W
2
Biass_
class A
Stores Inc
4%%
200
y-" 34 Va
> ;■ *70 ■
34
17%'
34
r
Jan
"
*72
:
-
.
92
-
Ami Co
&
Class B
•
Bond
200
49 ¥4
-
112 v,,'
'
• ■
30%;'
56
73
-y >'*110%
34%
-70
73
:
:
Bon
6,400'
>
90
16 ¥4
'
127
>
200/
51 Vz
29%
97% NOV
,,100
5,200.
43 ¥a
*65
49¥e
•i> '56
-
>"
July
2
'
30.'
70
y; 11
71- y
x38
38
39
*37%
•>39
17¥4
y,
18%
18%
18% >18%
17%
V
128
128
130
127% 128
*.128 «
y
17%
y. 17% '■ 17% ' >.•>, 17% >18%
>"• 17 Va
>
68
38% .39
18%
":. 18
16%
192
20%
32% Nov ,30
25 VbNov
9
Jaii
No
Laughlin Inc
^
Bloomlngdale Brothers
Bohn Aluminum
6,600"
"8 ¥b
.;
x
■/
16%
*55
•
,73
112
y
68
,
»
91%
.
73
33 aA
34%
69
43¥e
"
i.
Dec
Jan
Aug 22
Blumenthal & Co preferred
39%
20%
56 Va
17
Boeing Airplane Co
48,600".
1,700.'
y
10'
-65
'
*110%
U2
'33%
,
18%
*127
92%
y;
17 ¥4
49%
110
22'% Aug 31
Jan
53% Nov
65
Bliss &
>
-
f
8%
29%;
17%
33%
570
Dec
Jan
17
^100
^
49%
33%
56% Jun ' 5
1
preferred——
Co_
2
"
800*
X
*55%
57%
28%
56%
*73
yy
30¥41
69 °/a
*182
.
.6%.
57'/2
49'A
*110%
17%
17%'
*127
127%
5 16%
17 Va
8%
-
Vz-;
17%
.
112
43%
57 Vz
*65
ni'
7%
/
1,000"
>y-5i% '"52%<
29
56%
*73
51¥a
57%
49 %
»
'38
>60%
68
100
30
Jun
,
par
—„,■
$ per share
Nov ,7
28% Nov 14
53% Nov 27
—
Foods
Bethlehem Steel (Del)——A'o
Blaw-Kuox
39%
43%
28%
y
v.,
28%
'
55%
112
33
*67%
'/
59
•:
43 Va
v.
8% y a%
i.y>
8%
•8%
28%
48%
.
*110%
:
51%
22-
Blgelow-Sanf Carp Ino—
Black & Decker Mfg Co
"*.63 Vz
.>-■
190
,
197% Jan
2,100,
>*108
39%.
-
•
par
No
Loan
•
65
5iy4
-44 Va
51%
,16%
*
,»
75
>;
43 %
*57%
28%
*60%
48%
55
8%
43%
52
v,;
110
(180
■
51%
.
59
28'/«
183
183
180 ;■
-
63
8,300/
69
*64 y
38¥a
42%
43
49%
16%
48%
.'
'38%
108
6
>
33 ¥b
29%
x38%
•65
*64
38%
185 V
*108
110
y
65
38.
*179
69
16%
>"
,*108
64%
28
*61
...
-69
"•
•
'
30
63 Vz
7
47% Jan
Best
10,900
71%/
; .*110
.112
28 ¥4
69
>>
8%
.
27%
y
108
*110
29'A-
69
66
59%
*8%
*57
108.
: >
112
28
•V
38
49%
-
:v:
68
103 7% Sep
0
Highest
$ per share
share
24% Nov
7
^100
4,000
*
Aug
per
;.
Pr pfd $2.50 dlv series "38_No par
Best & Co
——1
'■
30
,
30
36% ,i'36%t
:
.
'36%
36 %
Indus
$
^
5,700
\
:
18
Lowest
Highest
.
f per share
APar
Co.————10
19% .■19¥af,
33
19 %"
>30 %
"
37
Lowest
preferred—
Avlauon.
Year 1944
Range Since January 1
•
Howell
&
Bendix
Beneficial
*
;
29-%,.
37 :
*iio y
-
.
36%
43
49%
,
27%
67%
108
V
*64%
.
185
42%
112
'27 y«
27 y8-
67:
*106%
;
66
*170
*110
,
25%
67
>
36%
36%
112
*110
..
Va",
25%
> 37
>;•
>>7T-y
"
19%'
Range for Previous
STOCK
••
-«
4V»'%
.
400 >
24s/a
32% " 33
33 -V
193/a
'
-
■:>&&■**•■
.'
71'A
'
-
*31%
y
»>
i
93% ■■..94% t
153%: 153 ¥4 <
154%
.
Bell
3,600
"
y
.
170
32%
23%
94'A
54%
24 V v>...
*152
Va!
31 ¥4
23 Vn
154%;
28
y
16,400 l
*54 '•>'
93
*152
> 154%
27 ¥4
54'/2
31%
'
'
92
y,
"
y
54 ¥a
YORK
EXCHANGE
7,600
110
53 %
•
28%'.
,>27%
>
*53%
> • 31 Va
Shares
24 ¥a ,\
23%
*108
.53 Ve
the Week
share
S per
110
52%
28 V*
53
>-•'.
23%.
*108
109%
54 ¥a
%'
51%
Nov. 80
$ per share
NEW
Sales for
Friday
Nov. 29
if per share
.
22
21%
21%
21%
107
STOCKS
Tfanrsday
Nov. 28
$ per share
$ per $hare
r
PRICES
Wednesday
Nov. 27
Nov. 26
per share
SALE
HIGH
AND
Tuesday
Monday
Saturday
,t'Nov. £4
2651
-■
Jun
90
96
Jun
Jac
Aug
52% Mar
53%
30% May
34% Apr
39% July
Oct
38% Mar
Oct 29
145
Feb
152
Oct
111
Feb
146% July
67% Jun
Nov
6
8
59 Vz July
July
.
2
443/4 Nov
101J/2 Oct 24
34% Jap
2
110
Aug 24
103¥a Nov
2
50 Va Nov
1^
31VaFeb
14
Nov 23
115
17
Jan:
Nov
8
0
30
23% Jan
33~%
Dec
—
25'A Apr
109% Feb
--
38
8ep
116
Dec
■
■
,
COMMERCIAL & FINANCIAL CHRONICLE
THE
2652
STOCKS
AND
LOW
t
$
share
per
$
share
$
per share
$
share
per
rhare
per
33 %
39%
39%
40
40
40
40 %
35
36
35%
36
35
35%
34%
35
33
33 %
32 V4
32%
48 >/4
46%
47
*33% ' 34%
33 Va
*46
,
*33%
46%
46%
47%
47
46
46
46
47%
10%
10 Va
46
47
46
46%
*46
10 Va
y%, 10 %
*110
105
*103%
10%
10%
105
36 y4
36%
36%
41
*39%
40%
41%
--41%
52
52
46
46
46 Va
19%
33%
33%
...
33%
*45
33%
34
46
33%
46 %
6%
*51%
52 y2
100
46%
>45%
46%
10,800
113
113%
113%
Xll2%
112%
600
113
6%
107%
7%
7y4
41%
41%
*46
34%
x33%
.
34%
45%
7
33%
7
32%
107
7
41%
107
%
107 %
107
107%
1
14%
14%
14%
14%
16
157/8
16%
16%
16%
42
41%.
15%
41%
15%
41%
41%
41%
41
41%
41
41%
26%
27%.
26%'
27%
27%
27%
27%
27%
27%
28 V4~^
31%
31%
31%
31%
*31%
32 y2
'V 31%
31%
'
26%
31%
114
"
*106ys
32%
113%
37
37
13%
36%
14%
*106%
1
13%
109
46 y4
46%
46%
112%
112%
114
A
37%
114
••.
113%
38
38%"
14%
15
14%
109
*106%
*112
*110
112%
*110
113
15%
16
15%
•
46%
47%
46%
47%
47%
47%
113%
15%
56
56%
56%
56%
56%
15%
15%
16
16
16%
15%
16%
i
•
40%
40%
41%
42
41%
41%
41%
-23%-
23"%
22%
22%
23%
24%
*o3%
55
55
53%
55
-
*53%
-
16%/
A
63
63%
33
33%
661/2
657/a
10%
5%
10%
5%
>
.
5%
24%
55
*53%
>
107
:
20%
20%
21%
63
64
63 y2
63%
10%'
;
8,400
*30%
6
Consolidated
$1 25
31
53%
54
49%
50
28%
28%
28%
108%
108 %
*108%
125
*123
,
47%
41%
*108
2i*/a
23
*145%
2,300
*101%
*42 1
8%
27%
27%
21%
'
-
■
130
*123
32
32
32
20%
20%
25%
25%
v
•27%
*123
130
*122
32%
A
-
21
21
21%
23
25%
26
26
': 24'
.
-
3,200:
•
*111%
113
*111%
46% -46%
43%
39
39
29%
'45%
45 %
45
>•'
43%
38%
-
23
23
113
113
29%
43%
43%
*38%
113
>'.47 AA'
47
47%
:
>
:
47%
46%
X44%
13%
13%
13%
14%
25 y«
25%
25%
25
*75
78 •<;>;
•26%
26%
45
45
!
:
*75
78
26%
44%
•;■■;•
*75"
■;
27%
.
27%
44%
44"%
78
24%
5%
Cuba
-
102
102
102
'
46
400
46
*106%
A
46
28'%
74
74%
75
76
76
48
*105%
108
>•
♦105%
45%
46
;>v
45%
46%
46%
52 34
53%
55
54%
;
46%
52%
!
46
55
26
27
'
>;
83
*105%. 108
.
29
180
;
Jan
26
16%
Jan
43
Nov
16% Nov 30
Oct
45
1'
32%
Oct
Jan
20%
Dec
21
18%
Jan
25%
Dec
32% Nov
34
17% Aug 21
Nov
20
Inc
No
-10
30
46
Sep
Feb
7%
29%
-
Oct
Dec
10
Mar
1
43~%
:
24
16% Nov
32%
19
112% Nov
6
20
Dec
20
50
2
10% Apr
Nov
24
59 Va Oct
10
Feb
May
Jun
13% Mar
3
41%
Jun
2
17
Nov
30
5%
Jan
9%
Dec
29% July 27
43
Nov
27
26%
Sep
33 Va
Jan
par
29
y2 Jan
44% Nov
16
24%
Apr
31%
par
16
Jan
2
25% Nov
16
12 y4
Aug
19 % July
par
No
Jan
>8% Jan
—5
i
No
.'
No
Steel Co
5% series—
Electric
Bank
47% Feb
5
55% Nov
8
38 Vn
Feb
48
••;
2
—5
121/2 Jan
2
49% Jan
16
-20
•
10
49 %
Dec
Dec
30
7%
29
*123V2
> 130
130
33%
24%
25%
25%
Oct
15
52 Vt
13
173%
—
Corp
26%
3,700
30
5
Jan
—1
3V2Jan
2
7% Nov
29
1%
Jan
25% Jan
5
41% NOV 30
18%
Feb
99 Va Aug
*112
A
*112
114%
46%
43%
45%
47%
44%
45%
*39%
40
39%
40
*29
30
*29V4
30
,
42%
43%
13%
13%
26,800
25%
24%
25%
8,100
*75
27%
.
78
*75
27
27
27
44 y4
42%
47 Mi
*46%
28 Va
28%
29
76%
76%
76%
A,
;
77
77%
108
*105%
*105%
108
45%
46
43%
55
55
54%
55
loVa
Feb
22%
52% Nov
28
Jan
37% Nov
27
69
Jan
89%
Dec
Aug 21
37% Nov
20
20%
Jan
29%
Dec
16
Mar 26
25% Nov 28
11%
Feb
19%
35% Jan
2
87 y2 Jan
100
10
2
145 y2 Jan
Nov
29% Apr
51
Sep
108% Jan
28
25 VT NOV
9
39% Mar 29
4
Cup
ClHSfc
127
Nov
28%
13%
oy4 Jan
Dec
Not
'
16
13 VB
Jun
16%
Oct
15
109%
Dec
113%
Apr
2
21%
Jan
41 Va
Oct
5
36 Va
Apr
28
32 y4
47% May
57 Vt Jun
18
17%
45%. Jun
36%
Apr
17% Jan
Nov
Oct
'
22% July
'
19
16% Jan
Dec
16% Jun
25
5%
Jan
19
18%
Jan
21%
31
75
Sep
11
52
Feb
65
Oct
30
29
Nov
J
28%
Juii
35%
Dec
42
Sep
457/a Nov
Aug 20
40% Jan
4
Jan
Jan
7
9% Mar
38% Mar
Mar 20
18
Jan
Jan
X27%
Feb
Mar
9
95
Apr
Nov
21
15%
Jan
20%
55
Nov
26
43%
Jan
49
29% Oct
47
13'/4
8
47
17% Mar 26
par
3
30
NOV
109
25
par
No
Nov
30% Nov
2
2
-
Dec
10
48
22
105
»
82
2
38
No par
—.10(1
37%
Jan
25% Nov
7% Mar 29
2
...
;;
30
•
29%'Nov 28
common——No
Co
A
Dec
7% Nov
19y4 Nov
114% May
21% Apr
-
40
Aug 21
34% Jan
29
preferred—.——
Dixie
:
Jun
34 y2 Aug 22
No par
A
Jun
22
33
Ltd
.
49% Nov
13
Oct
Corp-Seagr's
4%
,14%
Aug
July
61%
•
Jun
26"% Nov
113
26
Distil
19
17
26
new..—12.50
„
Nov
30% Oct
140
*
6
preferred
Apr
Oct
Jan
Match-
Apr
9
i
12
.
ilVa
6% Aug
97
NOV
67
partic
Dec
Nov
41
34
Jan
30%
109%
5
125
pfd——100
Jan
9
6
16% Jan
—20
Dec
29% Mar
Jan
Oct
11
12 Vs Jan
'
75% Oct
2
6%
101
24% Oct •8
154
6
16
Sep
33
Dec
'
144
Jan
13
103% Sep
.No par
22%
19
48% Nov
Mar 26
,
Jan
22%
29
2
10
25% Apr
118
1
112
16
31
1
Diamond T Motor Car Co
Nov
-
Jan
Diamond
700
102
1
5 '/2 Aug 20
18% Jan
2
6
Co
19
Jan
9
.1
A
13
July
122% Apr
59% Jan
No par
No par
———
1
Sep
51 y4 Nov
xl50
2
100
——o
111
29
25% Jan
—100
—30
Inc—.
20
Nov
25
No par
—,—100
A
Dec
7
Co
Reynolds
Dec
21
preferred
&
7
30% Nov
Nov
Edison
Devoe
2,400
,.
Nov
21
5%
46%
53%
39 V Aug
50% Nov 20
124 l
Records Inc
3,800
4,200
46%
108
32
Feb
112
(The)
300
30%
25% July
Jan
.27%
;—50
20
Detroit Hillsdale & S W JtR Co..100
1,500
47%
29%
*46
47%
Jan
16%
7
26
Delaware Lack & Western
2,200
42%
,42%
43%
20
14
49% Nov 24
20% Jan 22
pfd—..100
—No par
Detroit
78
X26%
>78
19 ;
Jun
Nov
28
Preferred ——1—
11,800
13%
Aug
32V4 Oct
6
Oct
Sugar—
&
5
27% Jun
41
2
Jan
Oct
Delsel-Wemmer-Gllbert
10
Delaware & Hudson „—.——100
200
7% July
55
Jan
28
1,200
184% July
:
37
24
116
Amer„
Deere
14,900
;.
Apr
28% Mar 26
107
preferred—
Decca
900
22
July
10
NOV
U-dNo par
Dayton-Pow & Lt 4%%
10
114
46%
46%
107'
No par
—^—
Davison
52
Apr
Nov
Davega Stores Corp
Chemical Corp
1,600
26'/a
Oct
•13% July
5
Nov
Cutler-Hammer Inc—
3"666
61%
Oct
71
No par
.No par
—No par
.-d- ——5
Cushraan's Sons Inc 1%
.-
33%
*32%
Dec
11
106
12
preferred—.—._100
Class
57
196
105
■
Jan
2
—
preferred
Curtiss-Wright
7,900
44%
2
6
100
50,000
7%
7%
27%
25% July
15
Jan
4
182 Mi Jan
—2
(Tbei.
(The)
Seal
$7 preferred
27% '
Jan
Mar
100
-
Wheat Corp
Press
15%
25
Corp
preferred
4VaV»
47
12
Jan
58 Va Jan
100
—1
Packing
6
10%
28
22% Jan
37 V* Oct
30
13
53% Jun
64% Oct
.
Jun
.25
—
Dec
17% Sep
*
9
16% Aug
52 Va Mar 27
101% Aug
100
Refining
of
-
L. -50
1
Corp.*
Co
Trust
Prior
12,500
44
,54
27%
27%
27%
27%
28
26%
27%
26%
27 Va
27
28
>
8,000
Dome
9
No par
22% Jan
84
88%
7,700
Douglas Aircraft
—;
No par
Dow Chemical Co common—No par
47-
85 '/a
18
122 % Jart
4
159'/2 Nov
16
114%
110% Jan
2
115
Oct
20
106%
Jan
33% Jun
105
Api
No par
17% July
Dec
38%
May
86
84%
95% Jun
85
Dec
Sep
Nov
25
155
155
114%
155
*113
29%>
23%
23%
24%
28
28%
28%
30
182
129%
*128
,
*154
114%
*113
114 Vn
29%
30%
X29
24%
25%
25%
26
28%
28%
28%
28%
*113
.
-i
185
183 y2
115
A
114
29%
23
29
*28%
$4
,
preferred series A
12,400
4,100
,
Dresser
800
30
26
.
400
/
Duplan
,
Dunhlll
Du
P
International
183%
184
*127%
130
200
114%
280
20%
9,700
Eagle-Plcher
6,800
eastern
129 Vs
128%
128 »/2
114%
114%
*114
114%
114%
3,500
t:
12
29 % Nov
>
Mar 26
Apr
6
July
Nov
Apr
Fell
Jan
113
-
Aug
14%
Nov
Nov: 29
32
Oct
19
20 %
Dec
9
137
Fein
162 %
Jun
Feb
1
123%
Jul
i
128%
Dec
Mar
6
113
Dei
120%
Jan
14%
July
2
9
M29
113,
Oct
6
117
13
Light 9 %
8%
11%
72%
131
26
Jan
125% Jan
20
No par
1st pfd——100
27%
21% May
15
192 y2 Oct
Mar 21
90M, Aug 24
Jan
155
(EI) & Co
$4.50 preferred.
OuQueane
27
No par
de Nemours
183
128
65
,_50c
1
Industries
Corp
182%
128
Corp
Mines Ltd
185
115
*128%
115
22%
Doehler-Jarvls
.4,900
156
*113
J 55
"
115
156
155
*154y2
114%..;
30%
23
.
27 Mi
27%
27%
'•
*
—1
Del
of
37% Jan
17
15% Nov
108
•
106% July 18
par
—5
Motors
Oil
-20
-u
—
40% Nov
93% July 30
par
27%
26%
182
131
13 % July
Jan
11%
85%
180%
115
Jun
24
26%
29%
r
Oct
6Va
\,30% Nov
7% Jan
15
83%
*113
%>
108%
(.
28% Nov 30
26
/ 180%
*127%
par
84
28%
*114
Jan
2%
27
155
22%..
22%
*27 %
Feb
102%
26
•
25%
114%
29
•"
-2iy8
23
It-
par
—No
Can
190
22%
13%
-.'.45%
■
17
V
7% NOV
<1% July
25% Oct
5
500
21%
247/a
*105%
..
34% Nov
2
4% Sep 19
27% July 27
11% July 19
83
'
154%
*113
24% Jan
par
26%
26
27%
84
154%
Feb
Cunningham Drug Stores Inc..2.50
Curtis Pub Co (The)
AA
No par
700-
26%
'
:■
3%
6
75
47%
76
108
16
.100
pfd—NOf
preferred——
Cuneo
40"
/
26 Va
45
44 y4
28%
*47%
Nov
:
8'/4 Jan
146
75
28 y4
A
•7
26% Apr
75
27%
'.A:
47%
27%
y
43.
3% Mar 23
;
■
Dec
Zeherbach
4% %
600
107
42%
*75
44%
47%
27%
.•
Jan
2
preferred
Cudnhv
3,800
25%
27%
*27
*4 7%
20%
Nov
Cuban-American
16,500
50
40
44%
28
Dec
2
24
RR 6%
7%
49%
30
25
A
Dec
3.1
par
—5
•
112
Crucible Steel
800
13% "13%
14%
25%
Dec
29 %
7
Jan
$4.20 preferred
2,370
35%
*23%
,44%
39%
*29
45%
13%
25
Nbv
26
Jan
Nov
25% Jan
$4 2nd preferred--..
6,500
111
35
26%
44
39%
21 %
Feb
50
Jun
145
*32%
47 Mi
30
Jan
8 y4
217/a
1
29 V2 Jan
Aug
21%
*123
'
114%
44
,43%
24%
m
39% Oct
14%
preferred
$2
A
100
125
24%
47
*38%
:
Jun
J Va July
Dec
91%
12'
75%
x7%
*112
*29%
.
8
18%
Jan
102%
147%
'--
x27%
34.
26
47%
13
Nov
48
-79
26% Mar 31
par
common
ol
Crown
130
'
"
-1
34% Nov
2
12
30
19
21%
*75
1.0
33 %
26%
Jan
13
Nov
23
147%
7-
"
"
28% Jan
>22
124V2
Jun
Nov
Corp
Crown Cork
*145%
45
44
-
8%
*123
33%
24
3
preferred
3% %
3,100
28%
" 46%
46
28%
27% '
130
33
50%
24%
107
22%
8%
8%
27%
2
Jan
Dec
43%
Feb
Crosley
.
"
3.600
109
*110
>
/24%
46
75 y4
75
8%
8%
A
49%
*101%
148%
148%
75
49
*106
46
22
22%
149%
28
Feb
Glass Works common-. —5
Co
Cream
900
1,300
A-
53%
28 V2
Coty
400
37
50V4
25%
47
*44%
149%
75
Apr
%
22% Nov 30
4% Nov
iJ Jan
80
49 Va
'
32
Inc
Internat
Crane
8,100
31 Va
*123
47%
107
*46%
46
22
75%
101%
107
107
*44
14 ya
15% Aug 31
•->•
par
24
Preferred
32,200
107 y4
109 v
*145%
50%
101%
47%
47%
'• "
110
xllO
49%
102
151
*74%
74%
8% :
8%'
x47%
111
*145%
50%
*101%
29
'
*145%
46
150
152
27%
49%
48%
p4'%
*i06y8
113% Nov
Deo
Jan1'
115
Products
Corn
Coty
12,000
7 Va
53%
125
*121
123
25%
:
xll2% Nov 30
.
20
Exch
3 y2 %
20
;
41%
31 Va
108
24%
48
Jan
31% Jan
—No
pfd
Feb
24
pref
Corning
2.500
69
*36%
28%
28%
107
24
21%
21%
21%
,..74%
x49 Va
29
103 y2
*110
50
23%
102
37%
•17% Jan
$3.75 preferred
Diamond Fibre
Corn
120
12
*107
54%
23%
46
46
*149%
53%
:
34%
107
v3&%
13
—5
preferred
Conv
10,200
194%
7
37
3Jf%
*106%
2
53 % Sep
Jan
-18
$4.50
Cornell-Dubilier
520
37%
41%
31%
34%
*46
49
107
52% Nov
2
.—1
Gas
93
23
18 V2 Jan
Copperweld
40
23,800
105>/4
11%
107%
36%
35%
102
102
*47
*106%
50%
:-•=
34%
50%
24
39
Aircraft— .—1
Cooper-Bessemer Corp..
$3 prior preferred
7,000
•
63%'
67%
>.
41%
noy4
50
47% Jan
97% Dec
Apr '
par
No
No
Continental Steel Corp
40
17
36%
7%
35
49%
1(3%
'
108% Jan
Continental
55
193%
6%
110
*145%
—
49%
49%
7
"
*
par
Continental
25%
105
67%
31%
53%
123
111
45% Nov
No par
Vultee
Continental
-s
600
63
11%::
*106
31
28%
50
49
15
—29
Co
Continental Insurance
43%
16%
196
22%
35
Jan
■
d.
-25
11,500
63%
34%
'
31
.100
No
Edison
Pow
33,100
>
22%
41
36%
*107
125
>
107%
50
:
110
108 y2
*123
48%
48
109%
*
1
par
Continental
42
53%
11%
6%
53%
287/b
28%
28%
17
41% Oct
No par
1,600
i?
*52%
*194
36%
50
50 .:
50
110
107% Oct
23
Continental
100
x21%
7- 67%
11%
31
53%
27
Nov
.-10
l
4,400
53
36 V*
196
*106V8
v>
31
37
53
124 1
,
:
*36
23
Jan
36
5% Mar
Corp of America—a. -20
Baking Co...
No par
Container
4,600
k
llO-Vr Nov
84
par
No
pfd—
of Cuba 8%
RR
$5.50
46%
17
2
ion
A-
conv
Consol
17,800
113
24%
105%
41%
107
A 107
;
54
905/4 Jan
2
par
A
„
.No
Natural
Consolidated
23,200
1.600
15%
21%
36%
6%
'
40%:
40%
31
53 %
47 %
Feb
preferred
4,600
-
,
39 y4-
*53 Va
105%
10%
10%
5%
36 y8
64%
Jan
70"'
.
No
109
63
r,
'68
*194
196
10%
5%
36
109
76-''
_100
—
$2 partic preferred
Consol Laundries Corp—
*42
55
36%
67%
68%
67%
*193
36
*123
Nov
4Va Jan
Consolidation Coal Co—
16 Va
24%
105%
35%
*105
105%
*105
66 %
*35%
4s%
3%
par
Corp.
Consol Edison of N Y—No
70 i
21
*52%
53
*52%
V
35%
33%
34
" 107
107
-
31% "
i
Nov .13
No
NO
x41
16%
xl6
16%
16%
16%
52%
"
31
Dec
11
Elec
Consol Coppermines
'
16%
40%
40
40%
*105%
35%
Consolidated Cigar—.
•
40
Jan
Consumers
56%
42%
25
*53%
20%
A.
53%
196
*194
■'
!
10%
Dec
25%
"
52%
16%
105%
*105
105%
196
35%
650
15%
42
42
63
20
20
A
20%
16%
i *52%
53%i
65%
Jan
14
9,300
45%
16%
42
-
25
41%
-
15%
41
.
43
42
43
42 %
*194
26%
Nov
32%
*110
>■/:
16%
57%
*57
57%
42%
40%
*41%
*105
14
50
114%
*106%
46%
113
'
15%
16
15%
32%
50% Nov
Mar 27
$5 preferred
Film Industries—
33
15
109
56
63%
A
39
15
*106%
15%
19%
Mar 26
31
31%
39
14%
15%
16%
Dec
31
113%
32%
109 >
15%
*52%
*32
114
14%
-
*111
113%
38%
38%
38%
.
>
*106 Va
14%
109
55%
-
31%
33%
113%
32 %
32
32
113%
29% '
29%
27%
200
30%
"
30%
30
113%
Jan
8,700
'7%
42%
26%
13
Congoleum-Nairn Inc
1,300
42%
*31
20
Consol
106%
106%
14%
,
Deo
4BV4 Jun
7,300
>
Dec
2
Conde Nast Pub Inc
24,100
43
33
29 Va
25% Jan
Credit
Commonwealth
18,400
33
32%
A
33
6%
6%
Jan
prelerred_i -100
$6 preferred series.
3,200
1,300
-
46
45%
-
6% >
106%
■
33%
32%
A
6%
A
46
33%
46
11%
30
Commonwealth & Southern—No par
700
46
33%
19
Jan
Commercial Solvents
15,800
47
50% Jun
12%
preferred
$3,60
2,500
33%
33%
$2.75
333,600
33%
—
*45%
46
6%
45%
33
33%
107%
46%
23
20
Pictures
Commercial
40,200
3%
124
33%
33%
46%
34%
45%
6%
32%
107%
33%
33%
27%'
124%
3%
3%
124
123
123%..
22%
22%
3%
3%
3%
53
22
22%
.21
123%
33%
x
34
'
42
45%
47
*46
42
42%
42%
share
per
Jan
46% Jun
Gas &
Columbia
Highest
'
share
per
■
*51%
124
33%
.:
46%
6%
6%
32%
*107%
123%
v
■A
Year 1944
share
2
Columbian Carbon Co. (new)_lVo
8,000
1,300
46
3%
.
36%
per
28!/4Jan
orelerred...-.
5*
$
share
preferred— _100
preferred series Aj
6%
50
,•
'
53
21%
337/a
'
37%
37
37%
36%
*51%
113%
3%
47
*46
47
Columbia
1,500
107
*105
107
*105
■V
HO'/b
110
;110%
110
106
'
20%
122%
122
122%
33%
*46
10%
42
>;
21%
3
10%
44,900"
47%
28
ttys Inc ci a— .2.50
.2.50
B
1,400
47%
iuo
per
'
2nd
Columbia Br a
Clase
$
Lowest
Highest
1st
non-cum
2,500
,.,45%
53
3%
19%
3%
»122
113%
*113
113%
3
47%
Southern-
&
xion-cum
4^
70
•
.
41%
46
*113
32%
47%
Colorado
820
lO'/a -10%
110%
36
'
;
42'
45%
52
45%
19%
37
*51%
*51%
113%
110
;
110%
*103 %
35
*32
Lowest
Par
500
46 %
46%
47%
10%
105
*110
105
36%
36%
34
110
110
110%
*103%
■
40
34
Range Since January 1
Shares
sha^e
per
*39%
39%
--39%
35
34%
S
Range for Previous
STOCK
YORK
EXCHANGE
the Week
Nov. 30
i,
38%
*38'/a
f
per
Nov. 29
NEW
Sales for
Friday
Thursday
Wednesday
Nov. 28
Nov. 27
Nov. 26
NoV. 24
hlUH
Tuesday
Monday
Saturday
,41"'
.
...
19
18%
:
18%
93
.96
.
33
•
214%
19%
%
97%
96
■„
33 Va 1
214%
216
194 Va
*192
33%
33
*192
216;
194%
*58%
59%.'
58%
46%
46%
47%
107%
■to'A]
V ok'
.7 h f/L
107%
32%
>0:
60 %
""46%
:
4
33 y8
*106%
32%
♦110%
108
.
32%
112
'J
112'
*111
Si
19%
20
19%
70 Va
19%
98
99 V4
99%
105 J/a
104'%
33%
33%
32
'<
.
•61%
47 Va
219
220
194%
194%
194%
61%
61%
62%
x43
47
47 y4
48
108
108
219%
219
194%
194%
*192
60 V2
47 Va
108
>111
112%
'10%
10%
*111
32%
61%
61
47%
108
32%
?3%
*111%
112%
10%
12
64
22%
23
10%
62%
63%
63%
64
21%
X21V8
.21%
21%
22%
22%
6%
16%
6%
22%
6%
22%
7V4
17%
16%
17%
16%
7%
6%
17
.7
17%
3 50
150
149 y2
150
149%
149%
148
138%
138%
138%
138%
137 y2
138
51%
52%
51%
45%
*45%
24%
217/8
21%
*73
76
76
76
*75
76
106
106
106
106
106
*51%
53
..46%
46%
45%
23%
23%
23%
22
21%
,.,*21%
76
*73
*105%
**<•><•
106
footnotes
see
page
*105%
2659.
111%
63%
10%
62%
17 y8
33 Va
lllVa
10%
10%
62%
7
32%
63%
io y8
63%
16%
113
;
108
103
10V4
10%
21%
33%
63
10
63
-
32 Mr
*32
219
218
61%
47%
122
33
218
3 01% 107%
33%
' 33%
r
;
19%
111
*32
33
194%
211;
19%
114
y4
6%
7
37%
23%
14,000
7M»
39,400
22,100
148
*148
149
146 y4
148
1,800
137%
137%
*136%
138
*135%
137%
1,400
52%
52 y4
52 Mi
51%
51%
51%
1,400
46
45%
46
25
24%
25 Va
23%
22%
23%
*45
24%
.
23
52%
46%
'24%
23%
600
24%
18.500
23
23%
8,000
76%
300
'
76
76
'• *75
*105
106
105
.
46
46
-24%'
•
106
200
30
Nov
1
Jun
July 30
226
r185,
Jan
6
200
i
Jan
22
66% Oct
2
21% Jan
15
49% Nov
13
Nov
Aufco-Llte
(The!..
Electric Boat,
Elec St Mus Ind Am
shares— —
Emerson Radio & Phonograph...
Endfcott Johnson Corp
4% preferred
1
6%
F«b
Ai r
Jan
..
41
Dec
25%
157
F(b
178
175
Jtn
195
41
Ji.n
Deo
Dec
28
170
49
104
Sep
108
17
24
July 24
108
34% Nov
Aug 27
-
2
4?% Jan
Fa3/, Rep
1
7
Jan
20
23% Wov
30
4% Atig
37/b Jan
Jan
103
Jan
43 V2 Aug
7% Nov
23
2
19 Va Oct
31
3
154'/a Nov
9
3
145
7
Sep
Dec
Dec
Nov
7
8%
Dec
15 %
Sep
37%
Jan
45%
Aug
10
Apr
15%
Dec
3%
Jan
3% Nov
81%
78
6%
Oct
5% July
Apr
114
Apr
103%
Dec
Dec
39%
Apr
47% July
15
27%
Feb
34%
29 Vs Jan
34 V* Mar 21
8
48% Oct
18
Nov
15
Sep
22%
Dec
Mar
fi
Mar 26
79
Nov
2
57%
Jaii
6~8%
Deo
20
107
Feb
26
101%
Jan
108%
Jun
21% Aug 20
103
„
52
24 %
55% Nov
8
20% Mar 27
62
16% Mixy
7
12% Mar
109
;
111% Nov 30
3
20
8% May
14
Electric Power & Light
No j
$7 preferred—
—No ;
$e preferred —
———No \
Electric Storage Battery
No \
El Paso Natural Gas
Emerson; Electric Mfg Co—.—.—
10%
y 33
5
,
Electric
>
2
Nov
35% NoV
122
22
26
•
3.500
2iy4 Nov
22
39% Jan
18 y4 Jan
v
Eastern Stainless Steel Corp
1,700
Eastman Kodak Co
No
20
•
-6%
cum preferred——
2,000, : ""nton Manufacturing Co.
2;000
Edison Bros Stores Inc common.,
'•■
300
4VsVc preferred——
:
3,400
Ekco Products Co_.—„...
30
4% %
preferred
±.
3
17,400
Elastic Stop Nut Co
—
1,300
17%
6Va
17 Vs
Co
Airiines lno.
.
•
I
Monday*'December 3, 1945
Sep
.
25
,
\VoJume
the commercial & financial chronicle
Number 4443
162
NEW YORK STOCK
LOW
Saturday
Mondaj
Nov. %
.
31s.«
32
$ per
%'
share
per
108 vs
3 >8
32%
31%
101 Va
102%
102 %
103
104 %
104%
105
108%
107%
107%
17%
837/e
*92
34
'
96'
>82
3%
3%
18%
18%
84
*92
110
t
18%
22%
22%
*60%,
61 %
>8 >2
"tuj
■
r<r
7,
8%
19%
'
'
61
./•
*60
107*
I
,
84
84
*83
96
-
15
15%
24%
24%
24%
25
108%
108 %
40
108'%
108%
*30%
164%
104%
104'%
105
32%
32%
32%
32%
60%
60'%
60%
41%
41 %
9 %
9%
,7*65%
66%
1.900
4
35
5
106
July 16
87
Jan
104
108
July 24
89
Jan
105
101
18
109
107
par
8%
Jan
%
Apr
9%
Jan
14
Dec
84 % July 11
-46%
Jan
70
Deo
19
78%
Feb
.19% Nov 26
19
0%
Apr
Apr
84% Aug
13% Oct
92
Nov
Jan
27
2
3
15% Jan
24
24% Sep
3
Products
Co
—
Corp
Exchange Buffet Corp
42 % Jan
24
62 Va Nov
13
17
21%
2
9% NOV
17
2%
Jan
9%
57,700
25
24%
24%
2,300
*103%
40%
109%
40%
30%
30%
40'%
x30%
30%
15
,14%,
15'%;
'
'
i
'
.
"'
"
49'A'"..49%:.
105
:
32%
105
.
32%
60'%
,•
/'•
f
x40'%
105
•
61
«•".
18%
108'%
.
49
32%
60%
35
17%
1
30'%
14Vt
61
32
.
105
105
76%
77
38%:
68%
68%
107%
107%
*107%
108
53%
54 7
x52%
54
35%
36%
7.
*lo.^»/a
lllVa
50%
50%
36%
40
*40'/a
9%
66 ;v
66 %
7
27%
7-
9%
9%
:
36%
36%
67'%
51%.''.
*41%
43
9%
69%
69
27'/a
27'/2
..
Federal-Mogul
7
^7
400
1,300
-
Ferro
Corp
4%%
400
First
2,200
100
v
preferred
No
;
Flintkote Co (The)
' $4 preferred
28
14%
Jan
17 Ya
Mar 28
110% Oct
17
Oct
2
25% Jan
5
32% Nov
22
15% Nov
50'% Nov
22
107% Apr
650
27%
77%
39'A
•//
5%
No
24
Jan
10% Aug
Jan
32
Jan
108
63'A Oct
23% Jan
Jan
27%
Aug
Jan
53 %
NOV
*26%
27,
24%
*136
49%
65
77%
78
78
40
.A 38%
39
27
27
27
27
24%;
25%
35%
26'A
,
25
•
139
'
49%
65 Va
77%
39
27
24%:
139
*48
.•
*26%
24%
*133
77
*136
50%
65 Va
66'%
66%
148'%
'A
9%
\V. 9%
:■ i3%
9%
9%
9%
9%
-A.,-,V 9%
9%
19%
19%
*25%
25%
21%
21%
151
*26%
I
x
26%
i *136
*136
49'%
68%
155%
x9%
9%
"1,500
:
Feb
103%
Apr
109
Jun
35%
Jun
44
Aug
36% Nov
18% May
26%
Jun
10
34%
Jan
42'A
Dec
24%
Dec
33%
Dec
19
111% Nov 20
Oct
53
Nov
8
11'A Nov
30
Jun
26
42
2
8% Mar 20
47 Va Jan
24
75
1
15% Jan
13
29% Nov
30
.
43%
16
Nov
69
Dec
16
Jan
29
Dec
20
Jan
25%
Dec
13%
Jan
17%
;/••,'•
139
.
9
70
Jan
—
50'
Sep
D<jc
51'% Nov
7
30%
Jan
69%
'2,000
70%
'
160
156%"
Freeport
A 10,300
29%
Jan
5
Jan
24
41% Jun
15
25
Sulphur
Co
25
Jan
4
27'% Nov
5
10
26% Nov
30
May
Apr
Mar
118
:
10
Fr/aehauf Trailer Co
4Va% preferred
2,990
"/
80 Va Jun
25
14
146
9
5
Jan
34
113
j
71
NOV
8
Nov
7
10
17
Jan
■
160
Va Nov
30
42'/a Mar 26
1
100'
58% Mar
Aug
11'A May
53% Jan
59'% Aug 20
10
-—No par
F'k'n Simon & Co Inc 7% pfd
100
8,300
.
8% July
5'% May
3
10
Machinery Corp
Foster-Wheeler Corp.
6% prior preferred
Francisco Sugar Co_
Dec
38%
3
100
Food
2,500
26%
49%
69'A
155%
15o
*
27
25%
139
49%
68%
152%
*26%
27
25%
-
,
49%
67%
152
,
139
49
67%
9%
19%
*136
50'A
49'/a
150
'
139
148%
147
*
57%
5
4
30% Fob
10
Dec
17
45
17
10
16
July 20
Jan
Dec
Dec
110% Mar
60
Oct
26
2
41
Nov
70% Nov
42'A Jan
107
22%
34% Nov ( 5
2
53% Mar 26
par
Food Fair Stores Inc
900
Jan
105% Apr
No par
Corp
preferred
conv
Jan
50
No par
No par
Apr
5
18
27%
17
30
Apr
30
23
21% July 24
Dec
Aug
19%
8
9% Jan
28'A Jan
103
Jan
105
Jan
100
93
23'A Jan
20
__
NOV
42
2
100
Co
Steel
Follansbee
Jan
par
No
com
72'%
38%
25% NOV
par
—
Florence Stove
77%
5
;_1
10
Florsheim Shoe class A
*27'/a
Dec
14%
100
Stores—
National
300
38%
Dec
47 Va
Jan
104
—
300
27%
44%
Jan
9%
No par
2
-
Firestone Tire & Rubber—
3,300
-
7%%
Enamel
9,600
78
Jan
21%
30
17
Fidel Phen Fire Ins N Y
800
11'A
77%
33%
28
18'A Nov
—3
51'A
27'/a
17
36% Nov
13
Corp.
43%
38'%
65
Federated Dept StTes—
4%% conv preferred
36%-9,100 /
70
2
4
Federal Motor Truck—j——No par
111
9%
.
42% Jan
12% Mar 26 <'
Corp_l
Traction
&
*50'A
..
7
70
Light
*42
:
7
7
9%
■
54%
*110
10
Federal
40.-7. $6 preferred
:1,400
Federal Min & Smelt Co
■/'■
108
36
'
111
*50'A
42
9%
27%
35%
*110
7
700
70'%
69'%
69%
51%
42
67%
27%
36%
*50%
9%
66%
68%
111
*110
42Va
'
69
39'%.,
%
Dec
Dec
6% -Dec
25 Va Jan
12,200
33%
54
51%
39
177/e
47 %
par
No
10,900
61
108
53%
77
-
Dec
^20
Co
7,
.'105
60%
Fairbanks Morse &
Fajardo Sug Co of Pr Rico
Farnsworth Televis'n & Rad
,-V-
15'% -15%
7" 50'%
7 x32%
"
•
,
800
"16,200
,7
50
'
32%
60%
••(
60%
•
7
.
108'%
110
/
60%
34%
24%
41%
30'%
=
'
18
1081/4
v. 48
J
'
60
35
*
38-
Dec
1%
Jan
Jan
6
2.50
Nov
92%
11% Jan
5
L»cC
Dec
•<,
22
20 Va Jun
12
68% Jan
86
50
Cleaner
17%
Jan
July 12
4% Nov 14
May 21
12% Jan
-100
—
Jan
Sep
1
par
No
RR Co
Vacuum
Evans
1,000
.
Pitts
Highest
9 per $hare
17
-No par
-—
pref series A—
&
29
share
100% Jan
Bldg——No
oxiice
Ex-Cell-O
-1,200
•,
17Va
53%
27%.
26%
105
32%
"
26%
7
,
8%
34%
68Va
40
6%
Nov
per
100% Sep
16
commuu—
Eureka
18,200
60
.
*107%
51%
,7
8%
>
110
7
7
14'%. 7
*60%
54%
35%
51
61
u
-
108'%
*107
40%
47%-'
104%
'7
/
31
14'%
'
V
■
40%
•46'A
67% '
53
35%
23%
61
107% 7
107%
111
51
23%
25%
14'% 7
35 J/4
"
62
25'%
46
111
*60
25'%
30'%
67 Va
23%
61%
16%
40%
13 %
54'%
8%
36%
40%
45'%
bb
*23%
*60%
15%
30%
108 Va
%
preierrea
RK
Erie
19%
X3
70(5
:
96
18%
8%
34%
/
40%
13%
<54%
61
*107
:
46 Va
*107%
23%
8%
15Va
-
13%
*59
23%
61
25
>
45%
7
23%
$b
JEquitttpie
JBric
share
No par
>—
preierrea__,
13,400
84
*91%
19 %
18%
30
•
18%
$ per
share
No par
Service
Public
prelerreu
45,900
3%.
74
84
96
19%
61%
15
31
3
17%
85
*i>l%
\
18%
35
15
30%
107 %
*92
19%
61%
33
15
-
>103%
3%
17%
33
32%
40
107
Engineers
per
'
'
32%
'
t>OVa
3%
8%
32%
'1
a>6
300
17,700
$
par
; v •.
Year 1944
Lowest
i-
61%
*107
450
105 %
17%
61%
'
35
103
105%
3%
8%
1['■ '
'...
62
•
8%
7- **■: '
'
.62
23
61
34%
>102%
84
-
19
22%
18%
22%
00%
' 8%
"
.
35
18%
"
17%
•••,
103
3%
Range Since January l
Lowest
Highest
STOCK
Shares
105
34%
YORK
EXCHANGE
102%
17%
„
share
per
NEW
■
105
*
96
84
96
V.h i.
34%
*107
3%
18%
;3%
,,
'
*82
34
$
.
the Week
Nov. 30
$ per share
103
104%
*106%
.
3 >4
IT/4
Nov. 2!)
$ per share
,
Range for Previous
STOCKS
Sales for
Friday
Thursday
Nov. 28
105
101%
104
*106%
S
RECORD
PRICES
Wednesday
Nov, 27
share
31%
BALK
*104
102
1C4
HIGH
Tuesday
,
Nov. 26
\.t per share
*101>A
AND
2653
103
135
36% July
Dec
447/a
116
Sep
7
Apr
July
A
25
25
v,;:
*21
21%
*73%
77
11
;A-
79%
20%
59 Ye
)'
11%
•
;
A
11%
*108
60
*58%
78
V
•
11%
.'.<■■
12'A
12%
12%
12%
12%
183%
*180 l/a
183%
*180%
183%
22%
22%
23
12%
33%
*141 Va
142'A
34%
34'A
166%
166%
45%
143
•
*166
-
5%
*159%
'
13%
14%
13%
36
37%
38
34%
46%
5'/a
134%
■W
*160
49
*132
:
118
-
71%
127%.
'127
127%
II,300
37 %
2,200
'71%
127%
127%
5 V*
-A
160'A
A
120%
148,100
160 Va
160 %
*132'A
Ay-
5 %
600
73%
•35,600
,127.'A
127%
Mills
500
195J,
'30%
30%
16
'
39
!
39
7'/a
7
29
'/a
: :
29%
A *27%
115
'33
33%
^ 107
110
A'r.
7 Vb
7%
.\A'
29 Va
297/a
28%
A'A
28%
29
39%
40
*108'A
109
A
'
-
119
■
.
Gen
Outdoor
Gen
Precision
General
A
29'A
29 •/_>
29%
29%
119
'"■A.:
120
39%
39%
33%
33%
34
110
*107
120
41
34%
25
81%
Jan
Oct
16
25'A
Apr
May
31
36
Oct
Feb
17/
127
.172;
49% Sep
24
b2
125
Public
*'•
•
Adv
■
•
.
May
Gen
common—No
*107
A
110
41
Equip Corp
No
33
2/
1% Jan
*103
A/'
:
:AA
40%
40
40
103%
103
102%
AA: 36%'
36 Va
*56 Va
-
;
;
40
40
40 Va
49%
49
v
109
>
23 Vz
'109
24 'A
*102%
50
41
40%
y
*103
104
49%
50
*101%
103
38%
*37%
37%
3
38%
56%
56%
56%
*56'A
6%
6'A
6%
6%
*153
158
,
68
37%
69
•
38%
69
A
37%
69%
*153
39%
A- 38
70%
158
39
71 '/a
71
104'A'"'
*103%
58 'A
//
70%
9 'A
.
112
9 Vst
,
*
'
31%
70%
'
.
10 '/a
•
,
*103'A
/
59%
*111
112%
A.
33
32
,
A '
60
59
1.12%
-
-
103
102%
A,
58%
58'A
112
A " 31'A
A .A'.' 9%
31 Va
30%
103%
*102%
103 %
58
110%, 111%
59%
*30
■:
7Ye
31%
-
19%
30
'A
19%
32%-
9%
10 Va
7%
A7%
19%
59'A
-
25% July
Jan
19%
99
Mar 29
Sep
110%
General
25% Mar 29
Gen
Telephone
Corp
20
—
Time Instrument Corp—No
130
105% Nov
100
General
Tire
4'A %
Rubber
&
■
900
$5
Glmbel
900
$4.50
-
Co-
-
f>
26
'A
Co
4'/a%
800
61
173
170
*69
59%
38%
71
.",H *74%
75'/a
75
75 "
'
28%
29%
29%
38'/a
29 "Va
*104 'A
107%
*104'A
107%
*104
107%
42%
42%
44%
44
45%
*71
71%
75
28%
29
71%,.
'
43
9'/a
9
8%
A
9%
*85%
87 Va
85%
23%
9%
A
85%
86
Jan
,
'
ill
8
Gold
<te Stock
2,700
Mar
9
21" Jan
Jan
27
Dec
19
Jan
31%
Dec
19%
Feb
7%
Jan
Mar 12
50% Nov
23
Sep
6
96
22%
104
Oct
2
39
Oct
57
4
-I
3% Jan
2
7% Oct
147'A July 27
165'/a Jan
12
100
90'A
Dec
227a
Dec
Jan
25%
Dec
Apr
52
Aug
. ..
45
May 16
18
Nov
74% Oct
105'A Mar
Jan
85%
Jan
40
18
20
2%
Feb
54%
Jun
Jan
104'/a
Nov
4ya May
175
Dec
28
July 27
25 % Feb
10
Jan
Jan
18'A
17'''/.
52% Jan
J
—
Dec
Dec
11%
69
30/A
25'A Jan
Telegraph Co—V-
26%
16%
-
30
,—-50
preferred-
Goodall-Sanford Inc
158
90
,
/
.
Dec
74%
7
15
A 42% NOV,
9
110
July 30
25% Nov 30/ ;
104% Nov 16'
2
15
27
Nov
30 A
par
No
tGoebel Brewing Co
:
A
24'A
23%
25%:
24%
80
80%
80%
58
58%.
58%
37 '/a
*35
37%
37'A
42%
25
25
32%
Gotham
OranRp
Grant
60%
12,900
39%
59'A
39
100
10,100
7,800
169
■,
90
40
1
71%
50
29%
29'A
29%
107%
*104'A
A 44%
107%
*104
107%
100
46'A
45'A
45
45%
11,500
21,600
3% %
Great
75
75
75%
29%
76
29%
1,000
11,600
46
Sep
18
2
100
25
Greyhound Corp (The)No par
4'A7c preferred
——-_—.—100
Grumman Aircraft Corp
1
2
104'A Jan
12
24
10%
10%
92
93
93%
93 %v
95
95
24%
23%
24%
24%
25%
13,100
80%
*79%.
80
80
80 %
700
BS
59%
59%
59%
59%.
59%
10,200
Gulf
37'A
37'A
37 'A
*36
37%
200
Guantanamo
Sugar
;——No par
.
82
Oct
18
17'A
1%
Nov
28
Jan
Jan
7
.
15% May
7.
2Q£
109'/a NOV
19%
Dec
,9%
Feb
14 y8
Dec
25%
Jan
24%
Jan
30
Dec
143%
Feb
163
Nov
May
67
Feb
Dec
•
.
16
July
_L—
2
20'A Nov
,
Oct
Aug
5'A July
20
65% Nov
7
39% Nov
28
175.
May 25
,
.
17'A
49 y8
Nov
Dec
Oct
1.0,
57
.YS/
Nov
2q A
43'A
Feb
55%
'30%
Nov
7,;
19%
Feb
24'A July
108% Mar
l?"1
105%
75A
.
,46% Nov 28^ir Nov 28-"
*
95.3, Nov 30.«
11
Dec
105 7/a
Dec
Apr
32%
Dec
3%
Apr
0%
6% Aug
Jan
16 y4 May
82% ,Jun
H;-
33
Jan
62%
Dec
21
49% Jan
6
60% Nov
16
42 V*
Sep
50%
Deo
28
33
Guif Mobile & unio xtJtt
—Wo
preferred
Oil
5'A Mar 26
—1
common
$5 conv preferred
28 Va Jan
Jun
Jan
32%Nov2«-
2
22% Jan
,
21% NOV
,
161% Mar 16
64
Jan 20
52'A Jan
(H
33
?
Aug 20
28'/a Jan
par
10tf
& West RR__—;
L) Co Inc—
105
1
Green
10%
59'/a
No
7% Nov
3
14% Jan
6 7c pfd—No par
Western Sugar
Preferred
Green Bay
v
Prop—No par
Dec
112%
3%
12% Aug 27
18
23
51 %
Jan
8%
*.
Feb
104%
30.
■
'
2
14% Jan
25% Sep
•
30%
13
Nov
98
t
18
Nov
35
.
2
.18% Jan
par
———100
Ore
5% Jan
4% Jan
...
6
63% Oct
115
July 27
12% Mar 26
:—^-5
—
preferred
Iron
No
—
Co-.
Great Northern Ry
10%
350
Steel.
T)
Nor
Great
11
*80
Citv
(W
Apr
107'A May 19
-No par
Hosiery—
-
75
48
■
Motors—.—
—1
Consol M S & P-^
——3
Grand Union Co.A——
No par
500
20
102
———No par
Granby
6,000
108
53
par
Graham-Paige
3,500
169
*68
..
31%
19%
——No
^Goodyear Tire & Rubb_
No par
$5 convertible preferred—No par
32%
,
*107
'
7,300
(B F)
A-$5 preferred
23%
'
37'A
42
71%
:
A/.
48,200
...
10%
59%
*35
60'A
38%
169
169
.
2,900
A Goodrich Co
,20 'A
"
20
.
60O
44%
80%
58%
20
♦68
-
A
Z-;.'
6,300
.
107%
/
25%
80%.
71%
A
'a:
109
38'A
v
' *30%
31
32 %
;
35
33
9% A10'A
AAA. 7'AAA 7%
7%
20
59
39%
61'A
.112%
A.:
9%
■:
19%
171%
A,
9%
7%
*107
20
61
60
.32%
300
104'A
104'A
,*111
29%
90
80'/a
-..
par
par
.-No par
(The)--——
conv
Jun
13 Vb Mar
par
—No
—
8,800
74%
,;
10'A
58
:
—No
No
preferred
107
—100
w-_——
Brothers
Glldden
5,100
>
6%
preferred
Safety Razor.
conv" preferred
Nov
44% NOV
36'A Oct
„
27% Aug 21
par
preferred
Gillette
73
60
20
108
19%
71
.74%
..
Oct
Apr
14%
72'A
104'A
A 31
'
: *71
Nov
'4'A
Nov
19%
72
A'
-30%
,,
20%-
Va
60
Dec
124
13
3,400
32%
32%
108
19%
37
.7%
3TA
20/
*171%
36%
3%
31%
Apr
29
39%
112%
A'A
9%
■-
32
; \
109
19%
171%
1
173
*108
-60 'A
34%
171%
34%
34%
*30'A
20%
31%
109%
59%
59
*171%
31'A
20%
30%
19%
19%
19%
*30'A
20%
*108'A
109
♦107
'
31
13
2y4 July
Apr
Apr
30'A Nov
39 Vh
112%
32%"
9%
7%
30%
,
30
A
A/.
7%
?
50%
.
19%
29
,
7
-v.
Nov
19%
112
31% Nov
9,500
A
56'A
*153
5
22
39'/8
'.
59%
112'/a'
'
■'
158
»
28
-
"
*102
7
6%
*153
40
39'A
1%
30
Jun
23.
'
37%
Nov
23%
Jan
10
103 ■*
6%
Aug
107 3A
Jan
4,200
50%
103
37%
38
56
liya
Oct
19
17,400
:V"AA; 103
'A ;
Jan
106
,
21
A.:"v:
50
,
Apr
8%
■
Jan
Oct
8
Oct
13% July
4%
18%
,
Nov
7
130'/a
par
4'A %
25%
103
56%
37%
6%
158
V,
104
49%
1093/,
110 '/a
-24%
/
49%
56%
/-.■A
25
^uly
66
Feb
Corp..__-^———-l1
Gen Steel Cast $6 preferred
No par
Refractories———No
General
900
41'A
.
*109
110%
,
24%
.A1M.7,
A A 38
10?%
*101%
6'/a
6
109
102%
102%
103
■
,*153:
158
24
102%
37% A 37%
56%
56%
6'A
*153
109
23'A
102'/a
;;
56%
6
-
*108%
23
46 Va
46%
46
*101%
109
21%
Nov
16
140
'
■A *108'A
■
22%
140
134% Nov
i
41'% Nov
10
3% Jan
•
u
13*A--
10
3
24
Feb
Aug
Sep
Mar
125% ijan
30
17 »A Nov
-'
7
28% Jan
123
Dec
3 %
Feb
Sep
;
51%
6
110'% Sep
A 9% Mar 27
*
22
7
Mar
22'/a'Nov
16-
106'A Feb
10c
Service—
Jan
22% Jan
par
General Shoe
110
*107
,>•
2%
Dec
43% July
28
130
3
'
110
'40%
Nov
'
22
:
10
par
Signal
No par
preferred————;
loo
Realty & Utilities—„—10c
1,300
34'A
*33%
Feb
128
75% Nov
'
35
115
120% Nov
25;
Dec
29 Va July
40
A
6
Mar
Dec
124
155
8
134.
7% July
Feb
160 % Oct 24
52% Aug 29-
;
Dec
leys
22'/a
140'
5% Nov 29
*'1
Railway
2,100
.
130
40%
'.,
uan.
12
Nov
56
1
Aug 20
114% Oct
.
Nov
1,390
30 Va
34
145 '/a Oct
Oct
9% July
161
3,600
29%
30'A
39'A
22
27% Mar 20
10
par
54%
Jan
Jan
4
6%
13,100
Apr
143; ! Feb
0% Jan
Jan
<
7'A
"30'A
119
Gen
41%
A 7%
13
4%
43'A Aug 23
1
Gen
30
Dec
11%
134% Jan
No par
3,000
Dec
16'A
29
37% Jan
Printing Ink—
14,600
145
7 Va
7%
34
33'A
*107
110
39%
119
118
■■
7'/a
7
40'/a-.' 41'A
*140
145
58 ya
Feb
;
«•
3,800
32
6%
6%
41
*140
29%
: a ,39%
,
6 Va
40'/a
41 V2
-
29'/a
33'/a
*107
'■
,
39
38%
39%
A4,100
A
Jan
10%
15 1
40
$4.50 series A preferred
,;T32
7%
//
:
51
11
114% Jan
,_100
■
■
6,100
6%
40%
*137
7%
117
:
29%
,22 %
16%
VyA 27 Va
; 28
116
39 'A
33
A/.
*30%'
.22-A A'-,,;- -22
31%. A"';, 31%
f 110;
6
40 Va
142
*137
31%
16%
*108
6%
A A 40%
Y:
7%
28 Va
116
i
-
139
29 Va
*28
::.w5%
5%
V 40
.
A 139
7.
■
40
138%
138
21%
31%
109
*107
.
2 PA
15
28
153
Jun
Nov
29
Oct
14'/a Nov
.
—100
18
66
Nov
38'A Nov
par
—No
Dec
26% Jun
series A-No par
preferred
$5
Dec
23 ya
22
-
127%
21%
;•
31%
16% A 16%
16%
109
A'A:;. 5%
5%
5%
|->
!
16
*107
109
21%
20%
A ,-31/,
31%
31
,
16%
*107
Vr
20%
A' 19%
>
4
preferred
7%
Feb
12% Nov 13
"183'/a July 30
22
3% Jan
Motors Corp_.
Jan
Jan
par
No
A-:
4%
13 %
Mar 21
6
19
par
common—.—No
conv
General
i
;'i9%-
17'A Jan
par
No
preferred
3%7*
2
2
:-9
No
Co
30
55,
Nov 30
40.'A Nov 15
61V4 Nov
31
8% Jan
par
Dec
Sep
Oct
'
22'/a Nov
Jan
49
,.
18 V*
Dec
15%
80
18
,
Dec
16%
109
160% Jan
8
par
—
Corp
preferred
conv
General
30
123%
72'/a
72%:
*127'A
$6
70
2
22
104% Apr
A—100
Gen Gas & Electric
■-1,000
'
Jan
12% Jan
8
-No
preferred—,
5%
*119
127%
7%
Foods
120 %
71%
A A
Electric
49
58
^-1
Cigar Inc..
General
A 49
13 Va Nov
\
2
Jan
17%
62%
77
51% NOV 26
preferred—-——100
.—-—No par/•
cum
General
135
120
;7'A
General
4,400
A
72%
» -,
-41,000
49
2
% Apr
23
100
Corp-,—-
46%
.135
7% Jan
1
Corp—„—.-No par
a 5%
160%
27
A—— -j--—,———No
52'A
49
71%
Class
45%
:
5%
160%
133
100
30
Nov
Inc
—
Bronze
General Cable
2,300
170
5
25% Nov
Baking--———.
Generai
380 /
A
29% Nov
1——
preferred
52
5'/a
*127'A
127%
i
35
*132
49
132%
A
73%
-
5 Va
^
170
52
■A
142
141 V'4
: •
46%
51%
118
134%
118
*117%
,
72
45%
52%
49
-
70%
70%
2,400
14'/a
6
9
16
Transportation—
Amer
$8
23 Va
>
46%
160'A
General
37.%
170
46%
':
■V-
165
49
:;
Gen
13%
A- 34%
preferred
Jan
16% Bar
] 4
5'A July
Jan
12%
66% Feb
Investors.—a.---—
nmer
8,500
;
23
35
52 'A
5%
134%
*117
;
Gen
2%
13
20
par
;
preferred—-.,———50
conv
4,900
.
12%
-
Wood Industries
4%%
$4.50
'
143'A
168 %
*
200-
'
34%
170
61
Co
Jan
7
19 Va Nov
No par
._Ao
(The)—
2%
10'A Nov
6
22
Jan
16
Gayioia viviubuiuer < Curp———u
5%% conv preferred
—U—50
I,700
28,600
183%
23%
143'A
34%
168
■
47
49%
142
'.-,'34%
53
5'A
165
49
*132
118
168
51%
.
142
%,
34%
168
51'A
*116%
143
143%
46%
*159 Va
so
;
V
x23%
y
111
12%
38'A
24
23%
38'A-
*182
13%
35%
168
5
162
*49
24 Va
13
2,800;A
78
60 Vi
-
12%
183%
-
12%
'
*132
'•
60
•
12%
*182
Gar
29,600
22 Va
Co
preferred
$3
4 va Jan
_1
20
Gardner-Denver
2
6% Jan
No par
(Robert)-.
preferred
Gamewell
70a
cl A
(The)
Inc
Co
6%
20
13 Va
21%
A
10,200
:
55
*108
-
34%
-
34%
'■
50
111
12%
54'/4
*75
'•
«.
-
'■
<
25%
83
X38'A
<
-
-
22%
24'A
45%
.,
38% ;
12%
143%
34%
51 %
5 Va
■
46
49 «A
•
v
12%
34'%
Y'Y
■A - v
*:
34
24'A
12%
'33%
f
13
78
60
12%
; *180'/a
26
•
-■
*76
54
21%
A
24
82
*108
60
12 Va
183%
A...",:
23%
38%
-s
111
26
27
*75
-
Gair
1,500
:';,52%-
79
Gabriel Co
17,400
11%
'■
21%
*180%
■
9%
19%
23%
52 V4
59%
9%
19%
*26
38%
*108
59%
:
i
7,200
9%
19%
*76
78
10%
9%
9 Va
AA
20%
v
111
59
11%
•:'
19%
A/;;
83
38%
<
20%
20%
23%
52'A
39%
78
20%
26
*76
39%
111
*108
59 %
12
:
19%
25%
77
10'A
22%
22%
-
51% A 51 %
79
20%
111
22
76
11%
■:78%
60
20'/a
*108
9%
*25% A 26
>
9%
19%
A
19%
52%
Wy 38
a; 9%
9%
10
38 Va
51%
38
9%
77
ll'/a
'52%
V. A 37%:
V:Av
*73%
11%
.
52'A
.;
■
A'i
19%
_
-
v-'
Corp—,
par
14% Mar 27
Jan 23
58
'30% Jun 26.
,
'
H
*41
42
42
42
23%
r
23%
24%
24%
113%
*110
♦105%' 107
155
For
113'/a
*105%
107
155
footnotes
see
155
page
*111'A
107
26 Va
26'/a
26'A
26'A
♦150
*111
,
26 '/a
*152
2659.
*35
Jan
2
39
Jun
22
27
Apr
33%
iX»C
10
20% Jan
2
43'/a Nov
30
15Ya
Mar
22 y*
Dec
par
15'A Jan
2
26
Nov
20
11%
Apr
preferred—
100
A) Co $4.25 pfd—Wo par
103'/a Aug
2
113% Nov
30
Oct
22
110'A Jan
12
27% Nov
9
Hackensack
Water—
Printing
Co—
43
43
43
43
43'/a
4,000
Hall
*24%
25
23%
24
24
24
Hamilton Watch C®
113%
*112'/a
114
1,200
10
107
*105%
107-
27
27
26%
159
42%.
.
*152
„
159
*112%
114
*106'/a
.
107"
*105%
26%
26%
26
*152
159
113%
*152
113%
107
26%
159
,
10
1,700
20
4%
Hanna
conv.
<M
Harbison-Walk
6%
-Wo
Refrac
preferred—
Wo
—
par
100
106
"18% Jan 12
152
Oct
6
155
Apr
2
102
,
15%
138
ley* July
109
Deo
Apr
21
July
Jan
152
Deo
Jun
j
THE COMMERCIAL & FINANCIAL CHRONICLE
2654
NEW YORK STOCK
AND
LOW
Batnrdar
Monday
Tuesday
'
Nov. 26
Nov. 24
•;
Thursday
Sales for
Friday
Nov. 29
Nov. 30
$ per share
$ per share
Nov. 28
S
share
per
X
share
per
per
41
11%
100
40%
40%
40%
11%
11%
ll3/4
10
10
14%
29
29
*102%
*29
102%
102%
*87
34%
♦1137a
115%
135
*86
135
x29 %
29%
-29 %
*32%
33 %
33%
33%
33%
33 %
29%
57%
57%,V
25 3/4
263/8
26% ".
29%
30
30
30
30%
55%
55%
22%
23
60-
60
29%
54%
60
'V
V
v
'
'
55
.
55
22
%
22%
59%
V
59%
*271/8
27%
273/8
108%
*107'/a
55%
27%
108%
•
273/a
*107%
108%
27%
*107%
•
83
.
60'/a
215/a
60
,
22%
54%
.
87
27
7
18%
18%
19
19
341/4
341/4.
33%
34%
33%
-34%
28 Va
281/2
28%
29%
28 a/4
" 29%
7%
6%
7%
7
38
39%
38%
63%
>
19
19 %
89
*18%
,/
i,
,
34'%
38
38
39
39
37%
38%
40 %
40%
41
72%
72%
*73
73%
73 Va;
74%
7%
92%
*91
92%
*91
*91
-
92-
'
32
63
*106%
33 Va
30%
30%
31
31 A
63%
*30%
33
30%
32
63
63
63%
107
*1063/8
107
129
*106%
129
129
*171
128
129
*171
100
100
17%
*93/4
IO1/4
53
53
18 3/8
9%
9%
533/4
93
19
*18
19
34%
34'%
34'%
29 5%
29%.
303%
20,400
6%
V 7'%
62,700
40 V/
40%
93
40
*91
*33%
34%
31'%
313%
63%
64
64
107
107
1283%
128%
*108
„•
183%
18'%
-
vv 9%
10
53%
129%
53%
1013%
18%
18'%
18%
10
10
53
53'%
.
500
*106
107%
*106
107%
IO1/4
10%
10%
103/4
13
13%
13%
13%
240
240
95%
245
95%
1853/i
29%
96
250
247
*98
7
188
190
8%
373/a
IP/4
12'%
29%
29%
30 3/s
30'%
99
99
98%
8%
37 5/s
140
44%
38 Va
43%
113%
1133/4
19%
;
19%
42%
44
42%
19%
243%"
98'%
100
190%
•*
244
*241
30%
31
98
98'%/
42
114
>7
19%
110%
193/4
373/a
1143%
19'%
193%
*19
19 3%
110 %
110
110Vy
*52%
54%
53
44%
44%
44-3%
19%
45'%
20
!
45%
,7
160
160
160
165
160
*150
160
*150
28%
29%
29
29%
29%
29%
29%
29%
29%
30%
34%
341/8
35
35%
36V4
37'%
*28
1
29
*28
41
41
*150
155
*150
47%
*129%
.30%
28%
283%
*413%
42%
116
29
155
*
♦150
20%
203%
47%
*111%
112%
46
155
20%
750
28 Ve
July
8%
Feb
16 '/a
Aug
1%
Jan
Jan
19
29% Jan
'721/4
19% Jan
103
Sep
21
24
xl37%
138
133
*131
133
1323%
133
132
55
55
*113
*113%
115
*120
42%
115
55
>
*113%
*120
423/4
433%
115
4i%
43%
•
132
/
115
*120
138
Feb
10%
Jan
25'A
Jan
56
Dec
10
46
Jan
77%
Dec
JUn
26
8
Jan
22
Dec
32 3A NOV
2
30
.2
V
153/4
109 % Mar 16
2
135
Oct
26
174
Jun
2
88%
19
9'
71%
132
55
115
*114
*120
43%
44 y.
Apr
42%
43%
104
104%
104'%
104'%
xl04
131
130
131%
130
130 Va
X126%
28 y2
29
29
29'%
X28
28 3%
28
273/8
273%
.273%
123'%
273%
28
123'%
♦122
253%
26'%
y 26%
26 3%
25
26'%
25%
58%
58%
583%
57%
58'/2
*57%
59
v *3o3%
57
31%
31
*30
46%
*46
57% v
31%
124
45
46
463%
46
303/4
30 3/4
303%
30'% t 30%
31
26%
26%
46%
47%,/
32
32%
613/4
110%
33
:
62%.
*109'%
•
46%
34%
*--33%
*109% ;io%
*109%
110%
33%
*109%
*■
6%
42%
32%
33
33
60
333%
'
/
46%
47
46 3A
v.
•••
46
y4
47
:
t
6 3%
6%
42 Ve
40%
41
33
Ve
34%
35
37'%
60 %
60'%
63%
65%
=*65
14%
14
14%
',.14%
38%
38%;
123%.
.
*61
7%
64
,
110
110
,-
16
46%
.
32%
16
46%
463%
463%:
;
32%
32%
;
103/a
46%
7%
7%
38
39
37%
38
*63
66
68
*62%
*67
,
68
14'%
14%
65-
%,.
Jan
33'A Nov 30
15 y»
Jan
65
Jan
39%
12%
393%
12
12%
39%
11%
39%
12'%
39%
11%
39%
~12'%
3%
3%
3%
49%
49%
49%
52 Ve
52%
27'%
52'%
53'%
27 '/a
533/e
52'%
523%
53'%
.3,400
15,600
53%
4
53%
34
27'%
27'%
33%
34
34%
35
62%
62%
34%
343%
62
623%
62
63
62%
63
,
*27
*27
27%
33
700
113%
113%
67%
67'%
67 V4
673%
67%
*67
68
97%
97'%
96%
96%
*95%
97
97
97%
*95'/a
97
97%
95
97
96'%
97
195
195
11%
11%
96
11%
67
*95%
97
98
12%
22,200
400
98
Life Savers Corp
400
67
97
(new)—-No par
Liggett & Myers Tobacco—.
196
197
197
47%
*46
47%
64
64 "
64
64%
56
55'%
55'%
56'%
32%
56'%
33
55%
33%
55'/a
34%
34%
36
36'%
36%
37%
37%
37%
37%
37
37
*37
197
x35%
*46
65 y3
66
47%
66'%
*197
"
47
*45%
47
g*
56
56
57
36%
38
343%
36
37%
37%
66 %
56
1
21
30
Sep
17
10
102
27% Jan
24
,
;
Jan
19
Jan
3
13 V;' Jan
22
18 3A Jan
26
-34
123% Jan
23
'18% J an
35'A Jan
•
Liquid Carbonic Corp.
No par
124
Deo
Aug
Jan
37
V
43/4 Apr
24
..
Jan
193/4
Jan
39 3A
Feb
Jan
13'A
•
Oct
29%
.
Oct
503/8 NOV
■i
35
'/
112
Mar
353A Nov
•
5'
Dec
Aug
Jun
Jan
197a
Jun
377s
42
97a
Feb
3
54%
DecJ
24>- Dec
Jan
31% Mar
.
7-
373/4 Nov 301.
Feb
Dec I
Mar
2474
.19 V*
.Nov 28
28
20'A
X26
Dec
293/4 Jiin
8
28/.
65% Nov 30
■
,78'/a
Jan
347«
/Oct
Gee'
Dec
Deb
Dec
108% Dec
1087a
Dec
Feb
27 y2
Nov
63A
Jan
10 V*
Oct
■273/4
Jan
;32
22
17
173A Oct 16V
X49'A Nov
8.
V
50% Oct 18V
v
39
Dec
37%
NOV
x31%
Dec
49'A
Dec
,
7% Nov
23
Nov
60 % Nov
31% Jan
29
27
39
t
,
28
43 '/a Npv
/••
26
Apr
Oct
22
,38
Apr
-16'A Jun
26
8
Jan
12%
Oct
11
21
Apr
31'/a
Der
Jan
8'/b
Deo
72
,
4
'■
6'/a Jan
147b
Jan
24
12
Aug
124
Dec
Jan
13'A
22
Jan
29'/« Jan
21%
Apr
6%
17
18
47
:
18%
117
20
12
54% Oct
Dec
8
'3
243/4. Sep
207a
<5
5
31%. Jan
Dec
26
9
Mar 26
Dec
93
46 3% Nov
Nov
8% Apr
7
•35% July 27
80
31 % Nov
Nov
26
28
/
19
..."
Jan
Jan
18,
32
Sep
Dec
May
59% Jun
-
Dec
95
V
95
Aug
3474
Nov,
111
18
8 3/g Jan.15
'
105
M0% Jan
9
Mar 26
72% l^fay 14
<
28
Aug
1
107
1127b
Sep
29% Jun
■
2
.
"58
:
/ 66%
30% Sep 20
,
24
22% Mar 10
38 3/s ^an
8
/, 20%
28
20
22
22% Jan
41% Oct
17'% Jun
30
1
474
18
V
1%. Jan
.
27s Dec
2% Mar 26
4% Nov
14
35% Jan ,22
51% Oct
17
! 153/g
Feb
39'A
36%.Jan 23
533A Nov
13
297s
Jan
387b
Dec
3
27% Nov
7
18%, Jan
217a
Jun
'17% •Dec
193/4
Dec
Jan
537a
Aug
20% Jan
17% Jan
35
73/4 Jan
/Nov
27 V
68
22
51% Jan 24
Nov
13-
42
65/B
12% Nov 13
2
72
47% Mar 28
"8,800
700
Nov
Nov
30% May
22
Jan
-
Lion Oil Refining
No par
144
Jan
,90
463A Nov 20
3
20
.1,400
Co—
July
May
1073/4
29.
25
139
9
117 V; Jan
r
Nov
Apr
.
.104%
79 L Mar 27
91% Jan
2
7
'
115
Jan
90
32
Preferred
'
Dec
45
Nov
;r Nov
V 61
25
——1®9,
100
20 '/a
Sep
Nov
Jan
Lily Tulip Cup Corp.^
—No par
Lima Locomotive Wks_L
No par
Link Belt Co
———No par
220
20% July
Jan
2
'5
3,500
<
120% Aug'
Jan
15
18
Apr
133'% Nov
-Jan
197%
66%
*
65
Jan
15
Feb
181
*
47,%
-113/4
Jan
3
■
>11%
Apr
Jan
-,1,700
Dec
84%
78
———
Oct
20
27 V
2
2
Series B
Sep
Dec
1073A
Jan
.Jan
*
56
8
--25
43
93
135
.
■
20% Nov 27
47
22
78
v
|
Jim
47— Aug
35'/* Jan
-
16
Preferred
Corp
92
Jan
20
par
Libbey Owens Ford Glass—No par
Llbby McNeill & Ubby
7
Jun
12'/,
Jan
Nov
(The) ——No par
•Lerner Stores
3,900
67%
64%
.;
3,700
63
96 %
11%
.
34
62
*95%
11%
27'/a
333%
623%
Dec
Feb
145 >
——1
Lehigh Coal & Navigation Co-—10
Lehigh Portland1 Cement———25
Lehigh Valley RR———
50
•Lehigh Valley Coal——No paf
6%- conv preferred __—1
SO
Lehman Corp (The)——
-1
Lehn & Fink Prod Corp——5
Oct
Dec
94
73/4
114% May 31-
109
V
Jun
/ 217b
Feb
Jan
12V L, 29
Oct 17-V 138% Jan
152
Dec
56% Jan
117
Feb
17
20
7
30% Oct
136
39%
7' /
12
34% Jan
*31
preferred———100
.
47,500
34
X62'%
*65 V2
*46
.17,400
,2,700
/
'
'
11%
Lea
'
24
Apr
68%
8
31% May
-
44
Jan
V
5./;
29 "
-y' 37% Nov 30/
Aug 31
.
Nov
60 k
'•
6'/s
32'A July
13% Peb
,
7
31% May
~
2
2
7
L Nov 30 •
165
151
118 'A Aug 22
(S H) & Co—
No par
Kroger Grocery St Bak—.—No pat
100
45% Oct
;
,
2.
Jan
Oct
,
80
.
Jan
130
101
43%%
16,300
2
19
•19% Nov 26
10
—50
Rubber & Tire——aB
2
;
25%
19
Nov
37b Aug
1874. Jun
Jan
1093A Aug 22
'
'
4% %
Jan
145
1
Bryant—————>-No
Feb
36 ;
Kimberly-Clark Corp
—No par
'Kinney (O R) Cd————1
$5 prior preferred——-No par
Koppera Co Inc10
Lane
Nov
19% Jan
par
100
Oct
55
18% Jan
——
Lambert Co
115
3
18% Jan
;_1
Laclede Gas Lt Co——
21
Mar 27
/
4 V*
/
140'A May 22
46% Nov
'17%
par
preferred —:—
.—100
&. Johnson——T—12 '/a
2nd preferred ser A——100
& Chicago RR stamped—100
& Laughlin Steel——No par
pref series A—1———100
pref series B conv—.—J.O0
non-cum
39% Nov
.
118'A Nov
92
100
Purn_
Nov 23
26
39
>
9'/» Nov 20
9% Mar 26
-1
;
/; 99
26
41% July
'
83/4 July
107s July
188
Jan
1%
23
137% Apr
6opper_i_.:—LNo par
Keystone Steel A Wire Co—-No par
1,000
14 3/8
3%
165%
23'
Feb
;
79
,
No par
■
2,900
70
143/s
■••!
100
par
Kennecott
-
y 1,800
14%'
393%
'
171,100
40%
49%
2659.
29
13% Nov
19'/2 Jan
'Kress
40'%
3%
page
190'/a Nov
843A Jan
pi
Mfg Co
4%
r
2,100
49'/a
see
.4
28% Jan. 24
129
100
700
%
33%
footnotes
•
27 !'
:
23
2
preferred——It—100
<
Kresge (S S) Co
—
10
Kresge Dept Stores-^——*,
-1
4V
49%
9*
Dec
17
City P & L pf ser B—^-No par
Kansas City Southern-No par
130
,
,49%
195
Dec
178% Jan
L 2% Jan
No par
.Kalamazoo Stove A
6,500
46%
33%
*193
82%
180'A
-Nov
:
100% Nov 30
2
30O
.
7%
66%
33%
38
1,5,200
'
,.-47
440
40'/a
14'%
27 %
For
'■
7'%
66%
27
195
.3,100
16%
■
49i%
11%
-2,100
*
*
'•38 3%
: 12'%
27
1,400
110
3%
*66
Apr
74% Mar 21
5% Jan
Kayser (Julius) A Co_.
*
LB
Kelsey Hayes Wh'l conv Cl A——1
1
ClaSS Baw———..I—.— —
—•—1
X39%
66 y2
26%
11%
!
373%
493%
"
67%
250
19
75% Jan
Karrfmann Dept Stores
•'5,600
91%
3%
513%
Feb
% Kan
31,000
18;
5%
.Joy
.
,4,000
•
•65%
35%
34 %
14%
.
65
90%
'
48%
49
154%
173% Jan
2
600
'
34%
*17%
18%
92
32%
15'/a
46%
6%
38%
12 %
15%
:
16%
41%
;
14%
3%
32%
15 3%
38%
12
<
■
*34
65'%
34'%
92
47
6%
*64%
34'%
*45
42%
65
*90
47
6%
3%
19
46%
4234
64
18
92%
•
33
33
<63
63%
183%
*15
Jan
Jan
600
.
*
92
153%
*58'%
27%
34%
Jonee
/' 5%
'1,500
483% .'491/2
*333%
*33%
42%
6i;
26%
49%
35
34
:
26%
:
*•:,
12,100
31%
26'%
X48'%
—
■«
30
46
30%
Joliet
900
.
31%
45%
263%
33%
46
31'%
47
31
-
50%
*45
47
31
30%
31
4%
2,300
>
26%
33
16%
28
125
59
4934
90 %
283%
253%
26%
-
:
-.2,800,
J. 3,200
59
/:
27-
.'48% 1 50'%
*32'% 33%
323%
153/4
Jan
6%
3'/a%
50
130
--
28
30%
7 63
110%
6%
19
$ Johnson
104y2
*122
*45%
*14%
•„
28
46'%
16
33%
!
31
*
28'%
125
31'%
91
15%
*273%
*122
27
33%
90
28
124
31
613%
:
33%
*45%
27
:
26%
40% 1 48%
16
91
3%
*32%
•
•
/
''.•■
25~900
43%
x42%
26
58%
*121
y
.
400
700
'
:
•*
56
•
104
25%
16
100
Co-—.——T
NOV
Dec
17
-50
preferred-^.——-
104
Oct
403/4 July
105%
13% Nov
Johns Manville Corp1——No par
2,300
117
130%
123
/
(F L)
Jacobs
v>" 4lU%
20
87b
Jan
11 % Nov
Paper. Co-i———15
jewel Tea Co Inc——no
800
*120
104
25
•■
12,700
132
104
'
20%
<12% July
109% Oct
1
preferred
to
Sep
Aug
7'%
/
Nov
165
X87
3
——100
Corp_
1113/4
Feb
9 ./•/ : 29%
13
Dec
63/s Mar 28
104'A Jan
100
Island Creek Coal
,
."
112'/a
*543%
130%
29
Inter type
Jan
93A May
183/4 Nov 27
Oct
423/4 July
106%
Mar
158
1<
104% Nov
20'A
Apr
Jun
100
Dec
23%
,
35'A July
64% Nov 30
26
Feb
—,-5
preferred
Nov
24
Jan
par
par
32%
29
28
I \ 8% Mar 26
25
conv
Aug
2tt
38
/
/11% Mar 26
—W0
Preferred
6
Nov
-
82
Machines—No par
preferred
July
Jun
Apr
913/4 Nov
40
104% Jan
Foreigxv, share ctls^——No par
'
139%
104
28%
—No par
/ InternT Telep & Teleg
500
3
•47
129%
28%
—No par
13'A July
377b
76
.
166
100
—
70'/a July
Feb
42% Jun
30
.
?•■•
May 19
7 % Nov
24
47% Jan
/ 63
23% Jun.' 26
.3
•19% Jan
,20
f Interstate Dept Stores-.^—No
300
■
423%
20%
*111'%
104
37%
Dec
223/8 Mar
International Shoe—— .—JNfa par
3,100
,
155
*46
112
140%
57
*41%:
*150
46%
111'%
1393%
56%
29
127
*46
11%
par
International Silver-—.,
200
84; 100
7,100
-
37%
29
20%
40%
112
141
58%
V
42%
155
20'%
V
46
*111'%
*41'%
*150
140
X58%
30%
103%
*193
—No
preferred
Business
7%
30%
37'%,
127
97%
Jan
—No pof
No par
100
preferred—.
Inter Rys of Cent. Am
No
r
5% preferred——.—
International Salt—a——.—No
1
41
20%
"
29
*131
*120
42%
30
30%
37%
140
59
*113
30%
30'%
37
140
133
59
293%
303%
373%
37'%
:
V *46%
7
47
112%
31
30'%
;
29
*150
20%
46%
*111%
30%
••■:;
'
41
155
112%
1391/4 1391/4
30%
*28
423/4
19%
*46
29%
29
*41
*111%
11%
27b
6
10
Nov
160
51%
Jan
8
9
Nov,
-
'1,200
165
*150
3%
1%
16
10
5%
800
<
453%
*150
160
11%
7
Jan
57
International
: ii,7oo
;
55
160
473%
Nov
2
,
Int Nickel of Canada——No par
.
5,300
1103%
*150
62
Feb
6
4%
25,400
115%
110%
55 V;
52
43'/a
43
41'%
J>
115
*150
*58
30%
100
,100
International Mining Corp—
290
16 0
S'/«
16
100
Hydro-Elec Sys class A-.
.International Min & Chem
44,500
138
138
42'%
114
%
38%
x37%
138
41%
43%
115
38 Va
138
139%
160
45%
49aA Nov
2
Preferred
11,300
*150
*45
Feb
20
25
; 800
8 3%
*150
110%
7%
34% Jan
3% Jan
Inc
11,800
98%
156
--323/4
*14%
30
373/4 Jan
/
16.200
•
333%
31
*97%
8'/a
8%
109%
52
43%
8%
9
160
33%
22 3A Nov
35 Ve Nov
International Harvester——No
650
11%
11%
*15 0
91,
22
;8% Jan
Ink
.
8,400
"
188%" 189
12%'
*150
♦151%
12% Jan
34
1
/Intercont'l Rubber—
Interlake Iron—!—
1,100
,
100%
100
•
190%
11%
11%
38%
433%
*50%
43'%
38
139%
115'/a
*110
52
43%
38%
115
110%
52
83%
140
43 %
19 'A
52
38 %
1143/4
11%
8%
140
109%
110
*51%
61%
27
1
Co
3
July
87'/a Nov
'
8 S/8
141
*139%
42%
*109
23,500
98%
112%
*303A
Apr
109 'A
lQJ/e Aug
2
—,-1
4 '/a %
3,500
13'%
x243%
30%
99
8%
37%
140
103%
12%
V
19<J
190
12%
99
V
99%
8%
28
28
2
Interchemical Corp—.——No par
.
110
10%
123%
933%
,
108
103%
"12%
V
247
98
97%
*107
10%
29%.
29%
108%
11
13 y8
96
188
*1063%
107'%
10%
12%
249
188
1063%
103%
13T%
246
95%
186%
107%
10%
12%
7
12%
*119%
July
133A Jan
6
Insuransharee Ctfs Inc—
,
900
47 %
39
29
14
T
*106
28 y4
Steel
Jan
26
Sep
Nov
14% Jan
/Inspiration Cons Copper—t
-14,400
"
9%
53'%
Inland
Dec
25
22
3,200
19'A
22
39% Jan
preferred AIngersoll-Rand
6 % preferred
Jan
26% Aug 21
Co—
$4.50
Sep
Nov
13'A
Jan
Sep
.'18 % Jan
800
1023%
128%
Aug
47%
21'/4
29
133/8
66% Jan
ctfs series A—;—1000
100
128%
25
102
Jan
36% Mar
63
2
26
24
*171
18%
*93%
109%
-
16% Jan
20%
25'/a Aug
23'/a Dec
Feb
Nov
35
2
Jan
42
13'
'
603/4 Jun
15
55% Oct
Apr
193/4
;
26% Nov 28
No par
lines
RR See
-2,200
10l3%
101'%
10'%
64'%
17% Jan
Jan
•2—
3
63'A Nov
•
7
Indianapolis Power 3e Lt-—No par
/Industrial Rayon—
—No par
6io
3,500
3 2 3%
64
30"% Nov
2
Jan
Jan
■:;?./
313%
13
20
Central RR
Leased
34%
*34
7
*171
102'%
54
93
333/t Nov
17
.-No par
preferred series A
6%
Dec
114
14
25
100
non-cum
Illinois
>
700
July
63
30
23
100
'
'/>
31'%
22,400
75
Manhattan
&
.Idaho Power Co
1,100
V
40%
-4
75
Hud
5,800
/
i
preferred
Say Min & Sm Ltd
5%
1,100
40
40
s
34
101%
y
V
75
2.3C0"
Hudson
73
125
13
Nov
Jun
.-5
Hupp Motor Car Corp
7
Howe
Mar
•
25
Sound Co
2,600
89
134
Nov
41% Jan
Feb
Apr
90
.
303/s Nov
23'% Jan
Nov
27%
Jan
135
25
Feb
170
Apr
75
15
Jan
75%
Jan
128
15
138
Dec
22% July
11
Feb
>
_•
Mar
20%
Sep
112
July 20
115 Va Oct
Feb
0
t c
Hudson Motor Car—
*91
•;
*1273%
18%
7 *53%
A 7
39%
107
102
*93/4
53%
7
*74
*171
18%
17%
7
40
.
*106%*
•/
128
1013/4
48
303%
7
*171
1003/4
100%
171/4
107
48
633/4
160
9
38% Nov 28
21% Aug 20
——100
Co.—No par
of Texas v
48
63%
7
Houston Oil
28,500
v
Aug
72
—,—12.50
preferred
9
189
22
1
Houston Light & Power
700
-
.
22%
63%
•
41%
.
-
14
103
123
—.—i--;
21%
34\
35%
.
;
743%
*91/
63%
34
V
40
393%
74%
-
33%%
20
■
89
Nov
92% NOV
Dec
8'/a
Sep
8
com——No par ■
50
Household Finance com—-rNo par
preferred
20%
July
9%
Jan
30
15
Houdallle-Hershey
$2.25
2%
Jun
110
Mar
2
.10
Honiestake Mining—:
.
800
34%
29%
*39
v,
./
'
Apr
32 % Nov
10
87b
Jan
6'/a
99
Feb
——No par
29%
34%:
6%
V
7%
.22'% /
Holly Sugar Corp
1,300
108'%
*87%
700
4,900
.
Highest
$ per share
Jan
i
14
Jan
Co——-10
(A)——i
5%
104%
>
Utf
82
par
(C E) The—
(Del)
18%
19
29%
v
*1073%
,89'%
Hires Co
Hollander & Sons
1
liJ/a oep
130
par
Holland Furnace
30
134 %" Nov
24
Jan
223% Jan
par
No
Hlnde & Dauch Paper
4,000
•
Year 1944 "
share
per
15% NOV 30
.
10 /
71 '/a Apr
Corp————^—5
6%
7'%
"
7
"27
63%
6%
'-i
27
*27% > 27%
1073%' 1073%
6%
6%
473/4
7
60
Rubber
3,900
"
23'%
60
'.•,."/>:.
55'%
2 2 3%
60
49
47
V.
54%
23
48'/a
46%
473/4
"•,
26/,,
35
preferred
conv
Hewitt
,
35
55
48 v*
46%
300
1,300
60
v-2i%
7 47%
20%
60
-
,213% /
20%
29'%
60
26
V
35
203%
19%
29%
27
5
$4
700
58'%
;
.
33%
54%
108'%
*87
150
2,400
33%
No
Motors
>
$
20
Nov
101'/a Oct
Mar 13
170
pfd-5% after Nov 15—_100
Hershey Chocolate-—:
—No par >
200
30%
100y4 Oct
6%
so
135
100
Nov
14
4
30
20% Jan
per share
42
9
Oct
108-
-25
preferred———100
Hercules Powder————No
coo
30
22%
-7
-
88
134%
30%
27'%
.
*1073%
7
7, 87%
114%
136
non-cum
Hercules
8400
W)
Apr
^25'
15
preferred
(G
1%
373/4
*863%
291%.
57%
*87'%
19%
86%
291%
*26
Helme
.
$
share
93% Jan
4
,c,;'6Mar 26
—
Coj_:—
Glass
Co.
3 3%%
200
-
.
33%
V
863/4 ; 86%
19%
20%," W
\
■v
29%
57%
25%
,
„
30
*32%
30'A
57
25'4
22
33%
430
893%
*135
135
30
Hecht
103
•>114%
7
86%
*134%
25%
30
*56%
54
30%
57
*29
56%
25%
30
21%
,
*29
29%
56%
251/4
*58%
,
134%
293%
33 Va
29%
*29%
86%
134%
29%
1,000
37%
136
Corp—i—
32'%
*89
114a%
*135
88
*86
87%
134
134
'
*114
135
Mtg
Hayes
Hazel-Atlas
*183%
37%
22,400
1
.
"140
■
103
893%
186
373/a
11
; ■
Lowest
Highest
73/4 Jan
98
Hayea Industries Ino_,
8,900
per
x30
Marx__i—___10
Ourp of Amer class A
1
4'/a% preferred (modified)—100
126%
31%
103
'*89
1143%/
V 135
*29
*28%
30 34
*183%
38%
1143%
114%
136
87%
87%
135
*134
37%
10%
126
$
' Par
mat
280
'
15%
v' '
)
Hart, Schaffner &
5,500
101
15
10%
103
89%
186
101
127
303%
103
*183%
V
37%
*112%
*133 !
1143/4
*86
134
103
*88%
-
•
-
186
lO'/a
126
30%
/
,
15
Lowest
"
>.
•1,100
•'
14
Range for Previous
Range Since January 1
.
EXCHANGE
Shares
40%
123%
'
135
87%
134
89
.
35%
35
1143/i
W
102 >%
89
186
35
135
102%
*183%
1
103%
126
30
29%
29%
89
*183%
34%
29%
102%
*87
89%
186
*183%
•
103/8.
,126'
128 %
39%
13
101
14%-
15%
15
40'%
11'/a
101
101
*100%
10%
'•128
128
40'%
40%
11%
15%
10%
10%
128
>
101
15
<
15
10%
y4
128 y4
*100
1003/4
100
14%
128 %
40%
'H%
100
14
share
:"il%
40%
11%
*39'/a
$ per
share
STOCK
NEW YORK
the Week
'
X
/
STOCKS
Wednesday
/
Nov. 27
'
\
•
RECORD
BALK PRICES
HIGH
Monday, December 3, 1945
.
Oct
100
Oct
Apr
Dec
8% July
Dec
Jan
49'/a
68% Jan
83'A
Jun
67%
Jan
86'/a
Jun
28
174%
Jan
Feb
39
30
3.
101% Oct
15
197
Nov
48
■
..
182
32'/a
Nov
Dec
Nov
10
26%
68% Nov
30
36
Apr
52
Dec
41% Jan
25
22
59% Nov
10
37
Jan
44
Dec
19% Jan
22
36% Nov
28'
173A
Nov
22'A May
9
193/4
Jan
30 y4
Mar 28
473/4 Jan
29 % Jan
2
40
NOV
Dec
.
-
N EW YORK STOCK
STOCKS
Thursday
Wednesday
Tuesday
Nov. 801
NEW YORK STOCK
EXCHANGE
Range Since January 1
32%
31%
31%
64%
64%
-
34
32
32
651/2
643%.
*64%
$ per
,
a- per
share
share
35%
$ per share
36
367a
,321/4
357/8
32 '/a
65%
34%
,33
31
31%
35%
363/8
32 >/4
325/a
66
66%
657a
657/a
,
•32
28,600
32
323A
22,700
Loews
65%
65%.
24
24
25
25
253/4
25
253/4
25
25
25
64%
65%
66
667a
67
647a
67
661/2
67
29%
30%
30
3074
30%
31%
31%
32
671/2
32
677a
327a
*180
181
*27% ;
181
1
"
16%^
V.
*35
;
47
*109%
6472
515
12%
*152'%
16%
35%
35
35
667s
16-/8
■
Long Bell Lumber A.
Loose-Wiles Biscuit
Lorillard
''.240'':
7%
Louisville Gas & El A
.
17 V*
:
Louisville &
Lukens
3,800
Steel
633/a
*109%
243/4
24»%
2578
23%
*450
13%
10%
17%
ft.
;v
6.3/8
,
..." '
15
143/4
14%
277a
J 287/a
1297a
323/4
'■■'Vi 6»/a
333/4
33
.33
6%
;,'';'33
'
6
,
6%
»
35 %
171/8
171/2
35%
114%
*11078
373/4
113:
171/8/
333/8 1
373/4
39ya
;;
19
*43
''
39%
ft
58%
45
28%
*45%
190%
45%
46%
109
*108
52
*111
15
15 3A
313A
34 ft
6%
22,200
8t
30'/a
177a
Copper
Manatf Sugar
Mandel Bros
ft 14,600
11
17 3A
383A
8,200
in3/,
4474
443/4
16,300
Market
;
128
,
*108%
109
-
;,
13%
133/4,
52
52
52.
>111
11372
49
3072
.
*38%
128
v
>
128
126%
128
46
46
•;
1087a
137/8
133/4
52
52
113%
>111
*111
50%
301/2
51
7
.7 109 ft:
;"'ft
39'
39
29%
29%
293/4
67
675/a
68
68
68
36%
37
37
37%
*107
10974
36%
36%
108%
108%
24
39
*30
30
113'/2
511/4
30%
> 2,000
5172
303/4
31 -ft;
24%:
25%
25%
26'/4
19%
19
191/4
128
387a
387a
38
38
307a
30%
303A
6774
6774
677a
ft"' 1,500
37'/4
377a
38%;
*10774
109 74
23%
7
2374
1297a
320
,
37%
,
26'A
26%
19%
19ift
20
10472
lb4»/a
105
10572
10572
106
106
105
46
46
46
28 %
28%
2874
28%
84%
86
843/4
*36%
40
*36'/a
393/4
48'A
48 »/4
*10472
10574
28%
86
r
39
•
47%
47%
109%
47%
109%
*109
13
13%
33%
7'/2
:>/•:. 13
32%
*46
457/a
/
,
.
*104 7a
•"
105
273/4
287s
84'/8
847/8
83%
493/4
320
109 5/a
108'/a
.14%
34%
4772
20%
21%
:3'/4
487a
1587a
69
7X10772
143/8
•137/s
r/i 343/4
213/4
1597a
4.7a
227a
2%
23/4
483/4
:
1597a
X70
69
207/s
22 3/a
2%
49
48
48%
35
900
21
ft
20%
s2%
50
...
50
!
.
ft,ft'" 50
*112
_
52
115
-
*112
; 241
;•
115
*
527a
110%
*10878
♦111
114
♦111
114
f.
11%
>120
123
ft
11%
11%
32%
123
217/a
29
ft.- 28%
32
*317a
497a
48
287<
287a
27 72
28'/a
31%
317/a : 31'/a
116
*108%
110
113
116
116
; V
1137a
-
:V
.
*109
*111
1274
32%
32
14%
:
22
22
473/4
48
-
*
271/2
28%
X281/2
29
r
ft
,
31
317/»
*317a
32
-V
1123/4;
*111
115
-
116
*11372
116
V
10874
*108
110/
703/4
717a
71
21%'
22
*1131/4
116
717a
48
1141/2
117
112%
ft/
55a/4
-■■,'■22
♦54%
513/4
*50
>:
387a
3972
*38 3/4
:
37%
38%
37%
38%
38%
*38'/a
38
■
115
V
115
ft
>111
•
115
5
11374
110
;717«
16%
ft/ft'
16 '/a
16%
16%
,167/8
*108
•
109
*108
38
v
*128%
133
*112
1317a
113
~
*112
38
131'/a
113
113
40
,
133
1.13
113
*112
113
17%
173/8
173/4
17%
17%:.
*477a
*47%
48%
483/4
48%
6672
6672
*64
67
22%
22 3/8
23%
2378
23%
23'/a
51
51
51%
52
51%
517a
3074
3074
30%
30'/8
30 3 4
307/8-
48%
48%
*65
..
*64
667a'
Jun
*«%
Dec
55%
35
108
Get
10
1087a Aug
7
*
Dec
Deo
107
Deo
221/2 Juri
77a Mar 26
874 July
28>4 July
39
Aug
14434 Oct
277a Jan
18
1
46
Apr
12%
Oct
58% May
19 >/4 Deo
2
13A Oct
5872 Oct 10
5
361/4 Apr
105
Mar
Mar 13
10874 May
113
107
112
5
July
1137a Jan
114
1111/2 Apr 24
12'/a NOV 30
2%
6% Jan
2
331/4 NoV 20
51/2 Jan 22
ft 107a Jan 22
18
173/4 Feb^
274 Jan
49% Jun 18
87s Jan
2274 Jan
122
Oct
163/4 Jun
3
52
26 ~ NOV
9
31
2
33
Feb
797a Jan
2
115
Nov 27
Sep 25
July 26
116
Jun 28
119
Apr
113
36
Jan
111
No
113
1063/4 July 26
477/a Jan
23
par
Dec
Dec
.
23% July
674
8
Jan
Deo
187/s
Dec
39%
Jun
NOV 19
2574 Jan
29
Sep 13
Dec
Nov
91/4 Oct
111
Jun
93% Jan
4
Dec
46
114
Sep
16
10974 Jan
Dec
Aug
1167a Jan
193/4 Sep"
743A Apr
25
887/a
Oct
Oct
117
Jan
2
1113/4 May
114
Nov
1197a
Jun
11
1077a Jan
113
Sep
Aug
743/a Nov
8
41% Apr
23
443/4 jun 21
Certificates of deposit
Motor Products Corp.
—..No par
Motor Wheel -Corp..
.—5
341/4 Aug 21
213% Jan 20
2372 Mar 27
Mueller
1
3178 Jan
6
32% Oct
9
453/4 Nov 20
—.—1
91/2 Jan
6
177a NOV. 30
par
977a Mar 27
1091/4 NOV 28
par
22
53% Nov
441/4 Jun 21
313/4
ft
177A
5,400
1093/4
41
>40%'
112
112
300
:
90
17%:
187a
49
491/4
700
*64
66'/a
200
:
66
66
237a
243/e
247a
51
: -
50'A
30% -307/a
ft 33 > ft 347a
307s
31 "ft
347e
11,700
3574
16
-
Murray Corp of America
4%
preferred
Myers \F E) St Bro
Nov 23
593^ NoV 30
41
Mar 26
513/4 Nov
32% Jan
..50
$7 preferred...
:
No
Munsingwear Inc—
No
Murphy Co (O C)———ft—.No
43A % preferred
i
500
;
Co
Nov
55
Essex.—
Brass
24
2174 Nov 28
No par
Mullins Mfg Co class B—
30
i:,
133
*130
>
38
6
Apr
23% Sep
10
Morris &
*108
'
Jan
107
6
Oct
580
38'A
300
M:
Liu**.*
9
NOV
Mar
530
; 3874
1
1,500
177/8
Jan
25'
.
Nov 30
50
4
Oct
37
9
2
Jun 29
160
75
Sep
27
45'/2 May
507a Oct
4274 Mar 20
No par
-No par
Moore-McCormack.Lines Inc-No par
4,000
'■
4874
/
'«%
$2.50 cum pfd—
Morrell (John) St Co
307a
>y ft
17%
:
Nov
100
32 74
:
*48%
.
38'4
800
» 16%
133
48 74
Apr
4,100
ft
453/a
401/2
138
31%
4772 Nov 10
297a NoV 21
'.
30
1093/4
*39%
163/4
17
.
7
163/4
;
94
24
453/8
293/4
*108
.
: G6%
16%
32
167a
109'A
39 3A
•
: ,V.
44'/8-:
*133
133
113 ft
133
-
108
•;
:
29 7«
16%
'16'/2
'ft
39%
31
..
100
143/4 NoV 28
May
Deo
Jan
111
109
13
Jan
8
8772 NOV 21
Jam
3
Mar 24
Dec
19% July
82
3
3
Dec
1374 Oct
111
Jan
8
7
NOV
1043/4
16% Aug
14
Deo
5534 July
70
Aug 20
■;i% Mar 27
$4 preferred series C
Montgomery Ward St Co
11,300
22
28 3/4
21% May'
97
Apr
10
Feb
103
Sep-
9
52
38'A
383%
44 7/8
29%
ft:
•
No par
—
Apr
108 3/4 Oct
13
1
Apr
323/4 Oct
10974 Oct 15
77a Jan 23
53
—.3
100
112%
Feb
27
-
7
213/4 Nov.
3
137
No par
—10
Chemical Co^
28,7a Sep
3
3
No par
—
Jan
109%
Nov 13
597a
38'A
39
387a
32 74
ft-:"ft.: 50
v:
43
253/4 Nov
12
.
No par
j
$4.50 preferred ser. A;
Preferred series B
ftvft " 30
7374
*50
383/a
;
443/4
*44
109
;:
-383/4
297a
30
4474
37%
383%
38 7a
31%
31'A
2972
'
37%
38%
;
39
Monsanto
Jun
22
52
39'ft
.ft ' 3,900
ft 10
TooL_
Mach
21
55»/4
557a
*50
443/4
*37
109
*108
;
30%
'ft
22
*53»/a
52
28
.
22
5572
*50
453/8
28
.:
*5372
..v
Monarch
600
..ft",
113'A
*108
72
22
553/8
:,v
ft
16
253A Aug 21
35
Jan 24
—
2,700
9
397a Nov
,
preferred series A—
-.100
Mohawk Carpet Mills——.
1-20
Mojud Hosiery Co Inc..
_ft.ti_2.50
700
Oct
3172 NOV
6
106% May 16
7%
11,000
115
52
*447a
28%
45%
16%
v
30%
30
30%
30
28%
*44%
•
22
22
513/4
51%' -U-;
———
Mo-Kan-Texas RR—
-ft
-
*1157a
,
109
55
■ft
56
*47
ft
i
38%
'
*55
1478
ft 3778
4774/. "ft
47'/e
38 »/4
29%
Apr
Jan
Dee
193/4 Jan
Feb
Jan,
July
9
Mar
37
100
44
110%
14
837a Mar 10
•
11% July
472 Mar
327a Mar
47
Jan
Dec
Nov
106% Mar
307a Nov 19
983/4 Jan
Jun
2474
8
Nov
681/2 NOV 15
543/8 Jan
'
373/4
•
29
176%
Mar
2
par
:
9,400
400
323A
137/8
vtc.
-Minn-Honeywell Regulator
4% conv pfd series B.
ft 4%% preferred series C.
19,300
;
25
•14% Mar= 10
•
100
4% preferred series D.2..2..100
Minn Mollne Power Impl
—1
$6.50 preferred—
—.No par
Mission Dorp^..
10
1217a
170
129% Nov 30
94
No par
4,200
127/g
1217a
B
.
,
2
A vtc—-No par
St P & SS M
Class
113 ft
12%
14
Minn
110'/a
121
'
116
70%
•
,
533/4
Steel Products—No
Midland
15
Oct
52
.
1
Apr
25 »/4 May
193/4 May
Jan
No par
8 % cum 1st preferredMinneapolis & St Louis Ry
115
10874
115
"74
109
70%
697s
« *
*11374
V
HO
ft *108
;■
70
.
32%
*113%
*113%
69
29
1127a
;
: -/
3774
14
:'
497a
*112%
112%
116
' *■■■■.
387a
39%
,
5374
?112
.
31,700
3,000.
112
'
3274
323/4
1474
15
31%
28%
*31%
112
32%
32%
14 %
397s
ft-
110 »/a
121
38%
147/a
36%
53%
117/8
1278
1217a
•
*48%
1474
37%
48%
*112%
*111
327,
14
36%
*47%
*48 7a
*120
-f
7
•
115
*109
113/4
12'/a
53%
*112 : '
'
112
*111
21'/2
.
1 lO'/a
>109
121'/a
3272
327s
32%
13%
11%
121%
117/8
*120
20%
.
533/a
115
*112
*108% 110'/a
>111
114
110 '/a
.
537a
53
115
*112
*1C8%
>
■
40 '
.
29
123A Mar 27
—
1,200
15,900
NOV
12
Sep
517a May
Jan
47/8
317/a NOV 28
May 17
49
Mid-Continent Petroleum—.10
70
Deo
377»
48
4
35
14,600
1591/4
70
25%
195
.1
ft 12,500ft
140
1674 Jan
11572 NOV 14
Mesta Machine Co————i_
5
Metropolitan Edison 3.90% pfd—100
Miami Copper.
—i—5
u
-C.
Deo
443/4 Nov 30
243/4 Jun- 20
.10974 Nov 15
;_1
——50
Aug
874 Jun
May
12
•
Oct
4
21
1093/4 Jan 24
Merch & Mln. Trans Co
491/2-
*158
■.
70
conv
^
Mar 26
'177a Jan
Deo
2434
20
104
Sep
5
'ft 137s Jan 25
i
16
Jan
par
..._1
(The)—
1st preferred—.
10'4 Deo
137a Apr
18,3/4 Jan
6
'383/4 Nov 30*
111
Oct' 10
24
No
Jun
60%.Nov'29.
;
193A Jan
1,300
1474.
343/4
5%
12%
391
Jan
52
.
1,700
ft
10772
13%
159'/4
*158
70
770
42 ft!
493A
34%
69
69
85
■
111/4 Nov 27
—..100
^
Deo
Jan
.
Jan
9% Mar 26
3074 Jan
>
._5
—18
Co..
Mengel Co
41% -
109«%
1
,
Oct
22%
2%
67.
193/4 Jan 25
116
Aug 13
No par
—
8,700
'J.r 491/2
493/4;
par;
Dec
19
Jun*
6 3/a NOV 20
1047a Sep 19 ft 10972 Nov1 13
147a Nov 30
6 3/4 Jan
4
403/4 Jan 15
55, Oct! 15
lid
Sep. 6
Aug 14 1 114
,
par
...
315
Oct? 17
10874
Jar)
.
143/4
15 3/8 Nov 30'
347a July 17
par
14
Feb
221/4 Aug 21
par r.
38% May
X263/4 Aug ;■
Jun
104
,
7
257a NOV 20
525
Dec
67/8 Apr
10% Feb
22
1767a Jan
.
19
Nov.
Dec
Nov
48
9
277a Jan
par
34
30
148
Jan
347s
183/4
19
40
,-100
...——
preferred
38%
143/4
'
3474
:
4772
1587a
471/2
159
68
19%
Oct
247/a
Feb
135
7
Sep
•ft
i.—. 1 ft
:
497a Nov
'•
217/a Jan
1
_No
Melville Shoe: Corp—
343/4
14%
137/8
32%
preferred
5%
1,000
'
:>fc.; 2ft
Deo
165
Jan
Jan
2
27% Jan
46
83%
,417a
No par >
No par
Wks
273/4
,
109
;
McQuay-Norris Mfg. Co..
—10
Mead Corp
—.——No par
$6 preferred series A
No par
$5.50 pfd ser B w
No par
120
r
'
..1
—
453/4
833/4
40
493/4
109s/a
109%
133/4
159
69
393/i
4974
*38
327/8
*46V2
•
159%
*60%
./
:
$4
7,200
104
Co
Alkali
McLellan Stores
900
ft
21%
105'/a r
104
•
453/4
28%
27
"
Co—.
McKesson & Robblns Inc
ft'
197a
*4572
'
46
.
.
L)
McGraw-Hill Pub Co..:
1,900
*26%
-
105%
*104
27%
v"
843/4
*109
109%
32%,
47
*158%
2034 July
253/4 Apr
.
1107a NOV 23.
1,57a Apr 16
1874 Jan 22
'
.'—100
Mclntyre Porcupine Mines
100
24'A
'
86
*36%
•
Dec
Dec
—
3672 Oct 18
May 29
17
•73A Mar
.No par
McGraw Eleo Co———
.
2,900
1091/4
24
26'%
1974
10572
'ft", ft 46
*10774
ft .ft'.: 800
ft
>115
26
105%
46
:
24%
"'*104%
105%
28
10974
*107
:;;/>li5y,'':/^;/■ >115
26'A
'
,.
y, ;
Co—,
McCrory Stores Corp..
5% conv preferred w w.
700
67%
3774
68
193/4 ft 19%
45%
»
20%
Deo
103/a
44
28
667a NOV 20
20
MoCall Corp
3,800
1287a
30
37'/4
:
19%
106
Nov
313/4 Nov 30
Jan
Jan
6% prior pfd—■.-» 100
$3.75 preferred—....
-No
Maytag Co.
———No
$3 preferred—...
No
ft $6 1st cum preferred—.
No
1,200
30 3/a
38%.
.
68
233/4
,w:'
24%
*105
151
Nov 30
3474 Nov
14
3% Jan
preferred
—
.100
May Department Stores———5
13,100
1277a
128
387a
y
24
*115
"ft
•.
30 »/2
24
2474
ft 24%
*115
39
.
10974
*107
'•
24;../
*115
*104%
29
155
22
24
7%
70,
'
.
Eleo
Mathieson
3,300
14%
527*
Corp...
preferred
(Glenn
Master
100
.
par >
1
5
.....
900
l
j.
.—..No
Martin-Parry Corp..—
Masonite Corp—.
»
9,800
/ft' .453/8
109
ft
31
192
52%
307/a
*126
44
303/4
*188
135/a
507a
■
44
"
317a
.
11372
30%
:
44
1937a
52 »/4
50'/a
'
:303/4
39%
66%
Jan
Jan,
177s Apr
177A Sep 28
167a Feb', 3 :
.17
Mar; 28
425
Jun
-7 '
7% May 3*
50
Exploration
St Ry
Martin
3,300
4572
133/4
•111
11,600
60 3/a
1081/4
13 1/2
■
20%
31
463/8
521/4
,
50
,
,
♦1081/4 .109
.
-
197a
607s
*42
J
1937a.
453/4
•
,
1137a
.ft
49
307a
30
.
46 3/a
197s
607a
*188
317/a
3174
*188
4474
'
*28%
67
3
3174 Jan
par
..——.5
^
Marshall Field &
47a %
,
10
—;
Marine Midland
430
38'/a
*16 3/4
No
Co
Maracaibo OH
54,700
*1107/e
;
28 3/4 Jan
.100
—
i.,
Manhattan Shirt
lO'/a
'
*125
31
1067a Jan. 24
1,500
5972
44
44
313/a
193%
467s
ft;
43
593/4
59%
•"
43
30%
*188
4672
*48%
30
53
28
Oct 29
1837a Nov 30
13% Aug 21
10
Forbes—^
4,000
.:
67a
103/4
114
*1107/a
-,44'/4
183/4
1974
•
13%
*111
48%
29%
_1Q
Mahoning Coal RR Co
"
38 3/a
38
:
114
43
59%
43
4372
■
52 .ft"
113%
48%
191/8 i.19%
1901/2
'ft;'ft 13
13%
4
2
Mar 27
Feb
Nov
23%
8%
27
,
X32 % Nov
147
Jan 16
473A Jan
2
Magma
499 '
33%
111/8
177a
383/8
37 3/4
•
591/4
*108 ft- 109
:
12%
52
3
30
441/2
1974-.
*41%"
193%
423/4
5974
58%
i '
V-v
4272
';ft. 187/e
>.
30%
>188
t>2
par
'
13%
Jan
237a Jan
„50
Madison. Square Garden.—No
8,500
,
30
.
6%
/
10%
.
.
*1107/8
113
*1107/8
-
"Hi/4
1774
173/4
'11
U1/4
lO'/a
107/8
17%
35%
58%
2
Macy <R H) Co Inc——.No per
4»A7q pfd series A
100
■
400
233A
23%
*450
:
■'
14%
£ 261/2
33
499
*450
499
29
.
/;■
237/a
267a
14 7s
*25'/2
133/8
25
*110%
39%
No par
6% preferred—..—
Mack Trucks1 Inc„
2,700
..ftA-iL'
110%
29
MacAndrews
<
3,100
48
48
29
rf237a
30
63 %
>108%
112
29
24%
>450
515
>
500
62%
:
48
*/ftJ9%
30
30
515
47.
112
'
30
35
*15274
62%
G2%
V
48%
48
473/4
1113/4
32
%:
ftftftfteftft;: :/! 678
10%
17 Vs
,166
_„100
...
25 3A Nov
per share
Jun
40 3/4
1
■74
18% Jan
Highest
t
14%
7
66% Ocf
407a Feb 20
,
10
Co
'
10%
>29
Nashville™,.—^-,
327a Nov
Jan
28
15% Jan. 6
No par
tP), Co
preferred
1,000
2,900
ft
155
35
*152%, 155
155
63
46 3A
13
6%
*15274
30
31
ftftft'6'..ft.
y
63
*1093/4
25
%„
24%
'
155
x63
46 3/4
*450
•
13
*23%
lo%
30
24
ft;
; 35'A
11172
46
♦109%
ft;"' '*29"" ft
*31%
:
163/a
:
31
053/4
50
No par
share
per
36% Nov 29
31
25% Aug 10
•
Corp__
9,700
1
1837a
29 7a
.
No par
Cement
1,500
V,
19% Jan
M
15372
-V
ft,
,
24
*450
3574
63
30
23%
3574
153
111%;
*29
66
35%-
163/4,
*35
64%
ftV('47'ft
66
lac
atar
ftftft. -V?
35%
63
163/a
•
-
jjone
Highest.,
S •. per share
$ pet share
Par
_„_1
Year 1944
Lowest
V »'w>
*153 »•: 154%
,
16%.
'16%
'jt'.ftyii /ft/
.a
667a
.
18374
29'/4
67
16%
28 »/4
65'/a
.
183
29
657a
28 '/4
2874
6574
32%
X183
'18172
2874:
I8IV2
182
-
2772
64%
•'
647ft ' '•
.10%
181
181
27%
28
64V4.
.
2,100
4,800
2574
64%
X32
'
Lockheed Aircraft Corp
23%
y
ft"
Shares
36 7«
Lowest
!
'
I per share;
S per share
$ per share
,
J
Range for Previous
Sales for
the Week
Friday
Nov. 29
Nov. 28
Nov. 27
Nov, 26
Nov. 24
RECORD
BALE PRICES
tOW AND HIGH
Monday
Saturday
.
265,
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4443
yolume 162
Jan
X82 % Feb
100
10974 Jun
21
13
157a Jan
163/4 Jan
247/a
Juu
2574
Deo
33%
Dec
10%
Oct
Aug
247a July
Nov 27
70
May
84
Jan
4
110
Nov
1163/4
8% Jan
193/4 Jun 20
50
53
661/2 Nov 26
5
Nov
Nov
Feb
...14% Aug
43% Jan
Jan
Oct
20
4874 Nov 24
—-___50
----No par
100
Nov 28
40
5
Jan
Dec
^Tan
115
15
—.10
Oct
35%
26% Apr
47s Jan
72
Jan
9
42
2174
133
8
par
337s Nov
35% Jan
26
20
537*
Oct
N
22
*
ft
*50
51
..'.ft'
>
•24-*:
•
30%/:
29'/a
-
■
33%
32
32% ft
31%
•
33 %
33%
;
1772
17
17%
17%
22
22 '/a
227/s
33%
ft
18%
22 3/4
17
•:
ri 35
2374
.
32%
33
32%
18
187a
18
192
195
•1917a
195
2772
*27
28
*27
247a
247a
*27
277a
'27 :>
,
323/4
193
193
27%".:
-
*189
'
27.1/4
2774
28%
27 3A
27%' "
1'8'/a
18 3/4
19
25
25%
18%
183/e
187a
I;
19%
193
Acme
20
251/4 Nov
7
11% Apr
35% Jan
23
56
Nov
3
28
20'/a Jan
2
32
NOV 20
Corp
St
19%
.:
38%
39
National
.
Aviation
7%
ft 27'/a
191/i
/
-
1
15
207a Jan
Nat Bond & Share Corp^.—No par
National Can Corp——
L—10
Nat Cash Register———i—.No par
"National Container——.
1811/2 Oct
23,
131/2 Jan
337/e NOV.
2
193
NOV
Dec
Jan
165
16
30
5
XIO
Tec-
21
Deo
177a
Feb
26
Nov
181
8% Jan
3
Dec
24% Dec
Mar
18
Nov 30
417s Nov
313/4 Apr
0
127a MarftS
1374 July
157/8
20% May
8
20
19 3/a
9% Jan
Nov 29
28
Deo
Dec
Dea
9
7
41%
2074
18
2874 Nov 30
2374 Mar 26
100
5,000
•
271/2
•
10
preferred.—
197b Nov
24
17% July
Jan
13% Jan
3574 Nov 30
91/2 Mar 26
1378 Jan
5
5,500
>:■
16 »/4 Mar 27
_1
Corp....—'.
National Biscuit Co
200.
29~60O
20 ' <<-■-
39
> "18%
277a
26%
1
Nat Automotive Fibres Inc
11,000
<
3872
"
Louis..
8,900
1972
"
St.
8,000.
.27%
'*26%
2774
; --19%
25
Chatt
National Airlines
16,700
331/2
323/4
193
*2672
19%
391/4
197s;
19%
37
National
'
4
37 74
187a
367a
ft
327a
33
32%
♦1917a
'.
377a
18%
367a
Nashville
5,200
2874
.ft 363/4
177/8
36%
ft-
110
1874
24
1572 Jan
100
Co—......^...1
Nash-Kelvinator
44,600
'
33
>191%
327s
327a
192
-
1.5014
18
'
*213/4
247a
24
17%
2374
•
ft 50%
Apr
34
Apr
Sep
Deo
23a4 Aug
'
'18% ; 19%
ft- 3474
35
"■'": 187a
•
.
19
33%
3374
36
ft'
34
35.
34
*3574
.ft"*ll%'-
36
♦IIV4
12 7e'
.337/8
.
35
36
y
12%
■
•
,66/
,653A
ft
51
51
21%
*493/4
21%
103
103 ;
,
31
2174
1037a
;
3174
31%*;
*19174
*1.64
166
*21
'
*297/8
*19174
193
"•
*164
;
67%.
:;
ft:
66 3/4
'67%
>50
51
2172
...
1037a
167
21%
307a
211/2
2272
30%
*3874
■,:
>164
:
ft'
22%
31
3314
•
164%
•
231/2
:
32
24
<.
'
v
303/4
313/4
*3874
393/4
13
13%
13%
13%
13'/4
13%
8274
82
8272
83
83
83
83%
343/4
343/a
343/a
33.1/4
34
333/4 ""34
22
2374
2?7/8
23%
2274
31%
317/a
313/4
32
31
10472
1047a
10474
21%.,22
1047a
10472
*21%
127/8
213/4
*527a
*106
.
22
22
12'/a
22%
537a
1077a
For
.
"'
31%
8174
r
ft
337a
34
*165
-
166
143A'
813/4
82
833A
337a
3372
4,200
393A
14%
■
3374
>134,500
3,100
4,100
.
'
;
237a
217/a
227a
22
31
31
3172
231/4 -
"
1047a
103
■«.
32
i03'/a.
*i0274 103 3A
10274
»
29,100
2,300
311/2
340
103
22
22
2274
22%
22 3/8
223A
227/8
•2374
1372
13
133/B
12%
1374
123A
13
127/8
,1374'
2374
23»/2
227/a
23
223/4
22 3A
223A
23'/a
100
54
*527?
54
106
*10574
106
page 2659.
74,
.
'
.
*53
54
*105
106
*
*53
*105
,56
106
'
-
>5474
*10572
56
106
2
.
No par
National Gypsum Co.—i—l—
1
37
Jan
13
Jan
•
24
177
152
Jan ,2
Sep 19
Sep 28
167b Jan
preferred
National
Tea
*
3,600
Co—.—_———10
—No pat
Nehi Corp
10
——
Jan
9
Feb
Jan
164
Feb
181
141
Jan
159
25
NoV 30
Nov
'323/4 Oct
401/2 NOV
6
5-
16
Deo
1734 Apr
28% Apr
.
,
53/4 Feb
85% NOV 16
57% Feb
»343/4 Nov 24
lO'/a Jan
Jun
Deo
Deo
2274 July
23
Jun
34
Jun
734 Dec
70
Jul /
2372 NoV 27
Feb
7i%jv\v
24% NOV
30% Mar
10472 Nov 23
"57a
243/i, Oct 18
3
10 3/a Jan
3
1574 Mar 26
11%
3372 Mar 16
Jan
263/4 July 26
10274 Nov 30
14% Nov
30
Jan
22
533/4 NOV 21
Ft b
6
1087a Mar 12
Jan
lf%
No/
Mar
117a July
18% July
9
6
103
.
1374 Jan
15
241/2 Oct
serial preferred...100
conv
;
28
Apr
15
25%
19
Nov 21
NoV 14
34
Deo
14% July
Deo
195
227a Aug
,
37
Mar
1043/4
167
—
—No pa»
Nelsner Bros Inc..——1
4%%
8774 Jan
20
147a Nov 29
65
.25
100
377/8 May
26
Jun
Dec
Dec
3074 Feb
7
2
108
24%
12
Nov
4
Jan
4%%
75
.
Deo
ll3/4 Jan
'233/a NOV.30
7% Jan
par
National Sugar Ref Co——No par
National Supply (The) Pa—
10
(2 conv preferred
—
40
1374 Jan
:
'••541/4 Nov
4
Jan
Natomas Co
';
2
xl01% AUg 17
21
2,300
3,200
.
,
'
25%
19% Jan
9
12% Mar 14.
33
—No
Nov
3974 Nov 30
113% May 5
25% Jan 22
No par
Nat Mall 8b St'l Cash Co
National Power & Lt—:
National Steel Corp—:
38
14%
*1174 Feb
1972 Nov 30
2072 July 17
Nat Enam & Stamning—
(4.50 conv preferred
—No par
National Lead Co———J—.10
7% preferred 'Aft.———.
..100
6% preferred B—.—100
National Linen Service Corp.—.1
x4
241/2 jan
,
-
Nat Distillers Products..——No par
•
Jan
13
National Oil Products Co———4
31%
*3972
.
22 »/4
see
.
8,100
233/a
footnotes
370
,
"
247/a
14 3A
•:
13,800
-
'-s
2474
ft 30%
'3974'
■
-
-
193
;
192'A
243/4 •24'A,
31
311/2
13'/2
;
600
/ 29,200 '
;
,
250, ;
1037a
1031/2
x33
166
-*391/4
393/f-
*39
12~300
»
237a
13
106
National Dept Stores——No par
6% .preferred—
i.—10
9,100
->
5174
.22
*52 7a
17,000
;
ft'
.
'
1
39%
137a
31%
ft
::
51
•221/2
103%
166
'
3474
..
S
,
.
82
'•
•
1
,661/2 '69'A
:■
:
'
22%'
3372 ,337a
*1921/4 ,193
>33%>;
1
164%>
19274 .1921/4
166
12.
'
;
31
3974'
103
103
'3374
192
51
22%
*103"
12'/a
*3874
.
-
■
22% .22%
104
32'A
192
...
>5072
>
*50
22%
*103
32'%
193
-3914
*u3A
.
'
51
21%
343/a
.'3872
,
121/8
'
"ft 65
ft/33%
^34-ft •347a
39
37%
36% : 377a
>113/4 MT-";" ->113/4 ri2.
6574 ; 661/2
65%
661/2 / :
36%
*113/4
National Cylinder G ts Co—1
Nat. Dairy Products
...No par_
5,900
,
'
.
22
Jan
327a
Deo
967a
Jan
105%
Oct
t
THE COMMERCIAL & FINANCIAL CHRONICLE
2656
I
share
$
share
per
share
S
*100
108 Yt
*100
108 ya
"107
109
*107
109
"lGoi/4
111
nosy*
1091/2
108%
*107
109
47
per
per
1081/2
108
108
•
*100
1071/4
*107
•
109
*108
109
;tv
46
47
43%
44%
33%
33%
33%
33%
33
33%
221/4
22
22%
22
223/s
110%
*108
llOYa
*110
110%
*110
53%
531%
*53%
55
31%
31%
32
311/4
*55'/a
;
i
26%
26%
27
27
19%
47%
2481/2
249
28%
28%
29 %
*
13%
32%
49
112
56
*13 Y2
14
*56
571/4
'
18%
*56
57 Va
18
,
375
108
108
20
463/4
*46%
250
17%
•.;
*123 YaH.25
30
57%
V-y: 70
33,400
*57
..
'
35%
36%
36-/4
112V4
112 YA
;* 111-/4
52
531/4
Y
56
53%
14%
*13%
*56
56%
*56
56%
18%
14
600
18
;
46
No
1,500
i>
Apr
129
1
v
Dec
29%
Dec
18% July
44% Dec
-
Jan
Jan
198 %
Jun
141/4
Jan
23%
Dec
-
Jan
218
Dec
47%
Sep
7
116%
Jun
29
122%
Dec
153/4
jan
July 31
19 a/4
Dec
51%
Jun
54%
Dec
7%
Jun
11%
Nov
;
19.
Nov
17
27
58'/a Nov
57
100
Jan
xl3% Jan
3
112
30
Nov
26
17%
Dec
221%
115%
Dec
Jan
Feb
4y4
40%
:
Oct
106
Jan
37 Ya
1
14% Oct
Mar 17
12% Jan
118
<
,
Jan
116 Va Mar
2
50
Norwich Pharmacal Co
30%
19
373/8 Nov
"
11
6% Jan
v
Jan
333/,
14% Nov
.
July 6
26% Mar 27
Telegraph
Northwestern
Norwalk Tire & Rubber
Jan
193%
111
110
No
Airlines
Northwest
"■
8\
Jan
113/4
3
Jan
8
59
20 1'
31
Preferred
56 Ya
177/a
.
80
;:/:•■
16
173% Jan
Northern States Pow $5 pfd_No
4,800
54%
*56
,
173/4
17%
18%
Northern Pacific Ry
-
19%
"
24 y»
Dec
50% Aug
Dec
35% Dec
23%
17
31
9
v
?'
58 Ya
133/4
133/4
Nov
126% Nov
2
105% Jan
iff 1109
503/4 Oct
17
/y" -9% Jan
Co
Jan
Dec
258% Nov
:
2
533/4 Jan
preferred series
200
"
54-/2
14
20
Aug
19% Jan
72,100
.
29
.
Oct
North American Co
53/4 %
•
/ 410
Jan
18%
97
62
16
29
Mar 26
37 y2 Jan
pfd—
non-cum
15
Jun
393/8 Nov
;Nov
118
July
Api%-
65
219
Ry—
Northern Central Ry
363/4
V
Dec
22
Jan
Mar 26
Industries
Western
&
-
35
Apr
Jan
153/s
75y4 Jun
Dec
Apr
16%
35%
148
j'jv
13
102% Sep 21
108 V4 Nov 20
143/4 Aug 21 :vi' 24'/a Mar 14
pfd—
North American Aviation
>
112
533/4
...
Us
55-
33,500
113
SLtpbldg Corp part stk—
Adjust 4%
,
400
133/4
*111
•.
373/8
*55
17%
573/4
12%
.
&
Power &
Y
Noblitt-Sparks
31
13
112'/a
Y
Y
Norfolk
125
Co——
RR
N
Light 3.90%
2
Jan
106
3
41
N
970
X303/4
57 %
12%
Harlem
17
Deo
27%
/
N
••
300
252-/2
*123 %
31
*111
/
46-/2
249
390
iTF 9,700
104
26
162
preferred
$5 non-cum
20
68
58% Oct
2
No
No
York Dock
New
.
10
.;
203/4
46-/2
252
571/4
*56
18'/a
18%.;;
*301
,>A„
.
20
Jan
32% Jun
23
28% Jan
'
22
No
28
Nov
share
per
8
Nov
$
66
<
110V4 July 18,
22.
Jan
■103% Jan
preferred series A
Omnibus Corp
6%
N Y City
400
200
217/8 Jan
Nov
Highest
share
per
24% Nov 30
9
32
No
29
34% Nov
Mar 22
45
-No
Central
N Y Chic & St. Louis Co
4,700 1
66
20 Ya
141/4
--•'
*59
York
Brake
*ork Air
2,200
30
112Y4
51 %
56
*14
•
39 Ya
108 VA
20
13
351/2
511/4
*55
13%
13!
375
107%
114
112
113
50'/a
50
56
*55
37%
36%
*301
573/4
12%
.•'•;••
62
New
New
'
700
:
139 Ya
T- *27
,
$5 conv pieferred
300
Oct
47
25
Jan
share
110
4 y
Aug 20
109
Lowest
109
31
18 3/a Jan
per
108
xl6V8 Aug 14
Dry Dock—No
Newport News Ship &
129,600
y
57
.
137
39
30
62
30%
*111
57
vYA
Newport Industries
13,500
•
31%
,.
32
Corp—".
$
4
'405% Jan
pfd_
ft <5t Lt Co 4%
Jersey
2,500
■
r'
55%
30%
.
393/B
*28
)■
v
56-/4
135
331/4
125
*57
13
114
:.
111%
112
:
49 »,
49
*55
.
343/8
.•:?;*
34
12%
*111
56-/4
,i3q
47
30
31%
New
Newmont Mining
111%
55-/2
54%s,
x303/a
251
123 %
30
*57%. 573/4
123/4
114 y f
26 Va
*111
112
*1111/4
29%
57%
57%
Xl2%
14
114
*46 »/a
124
124
125%
*1103/4
20%
250
*
111%
1081/4
193/4
252
*1103/4
375
108
47
47
249%
251
■
19%
24%
54%
63
*330
108
19%
28%
.
571/2
57 %
*111
373
108
*1233/4
125%*-'
*123%
373
47%
*46
2481/2
,'•.*46
7
20
20
33%
23Ya
29
*62
64
108%
103%
20
.
*62
-■/
375
♦315,
:„r
107%')
107%
.64
33
38Y4
.•:■•• 29
64
33%
135
37
375
.*301
•
37
65
0 621/2
163/4
b0
share
Oct
Year 1944
Highest
Jan
106
preferred—-—4-
33/4%
per
66
No
(J J)
Newberry Co
9,200
23Ya
32%
1343/4
36 3/4
*108%. Ill
22 3/a
•' ,'"• 57
:•■/.;• 57
58
137
36%
27%
*26
•
58
137
58
137%
'137
36%
36%
i
57%
57
138
n37
>
x33
:•■
55
*53'/a
30
40
46
21%
531/2
109
111
44%
301/4
108
f-S"
x453/8
22
110%
100
*1083/4
33V2
29%
108
47
44 Va
"521/2
*103
$
Par
Shares
share
per
110
110
•46%
45
*110
$
share
108
33
t
per
Lowest
EXCHANGE
the Week
Range for Previous
Range Since January 1
STOCK
YORK
NEW
Sales for
Nov. 30
*100
V
21%
I
Nov. 20
*
t
share
per
Frldav
Thursday
Nov. 28
Nov. 27
$
STOCKS
PRICKS
Wednesday
Tuesday
Nov. 26
Nov:24
HIGH BALK
AND
LOIf
Monday
BaturcUf
Monday, December 3, 1945
Jan
31%
50'%
Apr
Dec
Dec
7
July
57i/a Nov
9
Jan
53
18% Nov
3
23
12% May
y. Oct
16
Jan
2
104% Nov
109
Dec
O
f;
*110 Ya
112
20
20%
20%
20'/a
201/2
21
30
30%
30
30%
30%
3P/4
116
117%
116
116
.
V,
1-rf
15%
16
16
*116%
118
116
33%
16%
34
34%:,
29%
*28%
29%
87%;
87%
*87
90
4
^lia
34%
117
*115'/2
-33
31
343/4
34 Ya
A
*162
*29 Yt
293/4
*87
90
75
75%
\ *19y8
19%
Ohio
Oil
10,800
118-/8
510
16%
17-/i
28,700
115-/2
115%
50
*31'/4
Y/Y
•'
31-/4
:
,:•'•; 753/4
19%
19%
22/4
22
*86%
89
87
87
Y *38%
.
39 3
8
39%
.
*19
•
22
21
>:.;•
89
44%
21%
Otis
*29
"*88
91
300
:>
20
■
88
•'•:.-.;4o'\'
•;:44Y2
19 Ya
19%
19%
20
21%
*86
88
*86
40%
40 Va
41'
44'/a
40%
Outboard Marine &
Co
Outlet
3,700
Owens-Iliinois
Glass
19%
1,000,
_No
74
Co—
19%
Pacific Amer Fisheries Inc
58%
61'
,
59
58'A
583/,
63 %
64
64
Va
66%
*86%
40
44%
45
583/4
633/4
61
45
Pacific
Gas
600
Pacific
148
14/
1*7 74
ltd
*1 ft
147 '/8
1713/4
171%
*1713%
172l/2
*1711/2
172%
"*171%
172 y8
8%
8%
8%
8%
8%
8Y4
83/4
8%
8%
27 Va
28%
281/4
,28%
8%
8 »/8
81/4
*147
147%
'
::
26%
27
8
21
7%
21%
21%
21 %
22
■\T 22
*15%
16 y2
16
16
16
2iV4
16%
8%
8 Ye
*16
:
36 3/8
36%
36%
*109%
110
..*109%
10
10%
101/4
*78%
80
80
*107%
110
4%
55%
■
39 *
.
; *78%
V
45%
58
11%
;
46%
46%
57%
58
5%
X4%
27
12%
12 3/8
12%
■12'/8
121/a
12%
12%
19%
19%
19%
193/4.
20%
20
203/a ;
*68%
70 %
*68%
70
137%
137 y*
431/4
423/4
433%
48%
44%
40
453/4
13%
13% f
14%.
14 V'4
133/4
14%
14 C:/
14
91
*89
*26
6%
6 3/8
;'
*111
42%
*451%
46
45%
*42%
44%
"
95
*25%
27
*42
'
-*92
va
94
.'26
,yi
29
113
45
443/8
46
46
46
43 %
43%
43%
95 VA
95%
273/4
29 Va
94
35%,':..
'•",•.36%
37%
29%
29%
293/8
*116%
119%
*116'/4
94 3/4
96
*34
35
'36%
*116 Va
106%
lO'/a
1.1 V4
14 %
36%
69
:
:
70'/a
:
13%
373/s
14:
33%
70
112
.
,
703/4
113
113
28 3/4
29'%
29 /
23%
287/a
29
29
*118%
125
67 %
67%
111%
*110%
'110V2
*26%
28
*121%
124
54%"
*24%
28
*121%
54%
;
55
*24%
253/t
*36
108
*121
V/
37
*107
135
6%
93
35%
•
;
.
108%
.;
*121
6%
.
;
70
'
Penick
100%
91
YY
*43
94
95
*111
6,000
11,000
1,300
•
..
31
400
113
44%
45
;
45
43%
23,500
700
43%
200
•
963/4
96j/4
963/4
500
34%
34%
373/4
.43%
9,300
36%
363/4
36%
28
28%
*28'A
*116
118%
14%
£4
x36
38
34,500
*14
34%
39
38%
39
6934
113'/a
29»/4
X28 %
X28%
119 Ya
*26%
118%
119'/2
14
y
1.800
Pfeiffer
//
5,000
Pfizer
393/4
19.000
701/4
1,010
-
118%
1133/4
300
28%
7,600
28
:'
28%/
1,900
*118%
18%
122
160
19%
1233/4
19%
183%
19%/
183/4
27,600
38 3/4
i
403/a
40
41%"
40%
41%
15,400
69
69
69%
68%
69 »/4
2,800
110%
110'A
110'A
300
i 683/i;
*110%
201/2
llO'/a
26'/a
*26%
27i/a
I233/4
1233/4
'121'A
125 '/a
110%
'
Y/ 56%.
:
.:
26%
56 Ya
563%
57
27J/a
571/4
27% ~
27%
28
*25%
*121 1/4
;
563/4
V
283/a
22
*197
;;
35 v8
33'/4
343/a
34%
341/4
*107%
108%
*107 Y»
108 Ya
*107%
1081/4
107%
135
*121
135,./
*121
135
*121
135
205
-
■
100%
23 Va
21%
21 y4
9%
'201
9%
9%
113/4
'
12
12
*110
130
60%
34
34
*121
■aoo%
*1101,
*32%
130
18
181/4
100%
19%
100 Ya
*197
,
205
*201
,
10%
,12%
10%
A
130
62:
*110
;
.82 Ya
34%
*33
?;96
■
19%
22,000
22%
2,100
"•
)
'197
*201
205
205
\
33%
7%
29,800
Pitts Screw & Bolt
19,500
Pittsburgh Steel Co
7 %
preferred class B
5% preferred class A_
*110
130
203/s
19%
62 3/a
82
33
203/s
*101Ya
1023/4
23 y8
22%
62%.
83
130
/
32%
33
2430
83%
290
500
32%
*196
19%
19%
*102
-23%
63%
20
203/4
11~400
*102
.
102%
102 7/8
10
233/4
24%
7,800
1,800
Pond
23%
3,300
Poor
23
23 Va
23%
21 %
21%
21%
22%
63
63
63%
63 %
84
64%
'25%
25%
64>/4
25%
643/4
25 %
253/4
26%
110V4
110%
25 3/a
110%
'V 110%
26Y4
110%
X25 »/8
25%
25%
26%
110%
118%
110
118%
118%
1103/4
1193%
110%
110%
llOVa
110%
V2
llb'/8
119
119-/8
118%
119
118 3/8
131
140%
--v
141%
For
1283/4
141
footnotes
see
•*
32
"
130 %'
141%
page
*30"%
128%
140
129
141
:: 32
.
23 Ya
221/4
32
x33
243/4
23%
223%
22 3/8
23
65
65 »/8
65'/a
12,500
118%
2,300
14.100
.
1-380
1,800
128,
128%
127%
128%
124 Va
127%
790
140
1403/4
140
140%
139%
104%
740
i'
Steel Car Co
Procter
Apr
Dec
Jan
70 «/4
Dec
Jan
Dec
17%
Dec
Jan
19%
Dec
Jan
96
Dec
jan
65 Ya
Dec
28 Ya July
Oct,
107 %
Nov
Sept
9%
Jan
Apr
71*-."
Feb
26%
Dec
Jun
59%
Dec
Jan
108%
Dec
21%
Jan
Oct
Apr
117
30
Dec
26%
119%
Oct
Jan
37*
19y
Sep
Dec
26.%
,
19
May
23% May
19
74
13
113
Apr
11,
Jan
Jan
29,
23
11%
21
28
29
31
2
Sep
Nov
57%
y
24%
July
6
Nov
28
2
25
*
1233/4 Nov
20
Mar 29
'/a Jan
Nov
117
9
Sep
48% July
Apr
42%
Nov, 30
16 Ya July
Feb
Jan
x98
14 % July
'
37% NOV
108% Feb
118% Aug 20
5% Aug 21
13
23%
Feb
28
28
105%
Nov
108
Sep
28
5
jan
8%
61
126
■■
2
Aug 21
8% Jan
98% Nov
19-
8 '/b Mar 26
11% Nov
28
V.' 101 '/a Oct
22
21% Nov 26
23% Nov
22% Nov
15
July
f' Dec
Dec
26
31
68
■
85 '/a Jan
15
•
Jan
92 Ya
7%
Apr
10% Nov
683/4
Feb
90
Dec
Nov
'
/
190
Jan
205% July
2
9
11%
jan
17
Dec
164%
153/4 Jan
Jan
171
Mar
183
Apr
190
Aug
O'/aJan
h
4
11
Nov
30
4%
2
13% Nov
30
6%
Apr
•6% July
Jan
81/3 Jan
:
,
99
Feb
V
20
21
Jan
2
198
Jun
,
9
117% Oct
17
82
693/4 jun
Mar 10
49 % Mar 27
68
26
'.•45'"
JUII< 26
91
433/4 Jun
198
Jun
6
9
,
.
Sep
Sep
,57% May
11 %
175
Jan
Nov
.
Q3/-
July
100 %
Dec
6la8
Jan
*73
Dec
22% Aug
Nov
175
Oct
&
preferred—
preferred
7% preferred-.—
8% preferred—
—
19
Jan
14%
27
lOO'/a NOV
28
69
May
83%
Now
2
253/8 Apr
30
16%
Sep
19 »/4
July
29
19 »/4
May
5
24'/4 Jan
12% Jan
8
1
16% Jan
22
—No
par
No par
No par
100
100
100
V 20% Oct
15
"
No par
Inc-
Gamble
$5
12% Jan
741/4 Jan
-
No par
Serv Corp of N J—
6%
122
41% Nov
17% Jan
—
B-
Pressed
Pub
32
88%
19
105
100
-100
Pocahontas
Co class
'
64 J/4
2659.
23%
22%
"
Creek
&
Dec
Jan
49'/4
13
291/4 Nov
*
pr
Plymouth Oil Co-—
32%
22%
31%
22%
21%
Jan
100
32%
-
31%
22%
No par
Preferred
24
23%
30%
21%
Y
conv
33
22%
30%
:
1st ser
29% Nov
2
Aug 22
143/a Jan
pfd——100
Pittsburgh & West Va—
100
Pitts Young & Ash pfd—
100 "
Pittston Co. (The)_.
1
5%%
2
19% Nov
44
—No par
■
13%
Jan
123/4 Aug 21
111
100
preferred..
Dec
33%
20%
1
July 24
1073/4 Sep 11
Co—-1
Coal
Nov
18%
112
40%
f;
26
Oct
115
56 Ve
——No par
preferred
Consolidation
703/4 Nov
,
31% Mar 27
Bittsburgn Forgings Co
x
Pitts Ft Wayne & Chic Ry——100
11
22%
131
117
Co—No par
133/8
*196
100'/a
Chemical
10%
82
*196
19%
conv
Pitts
&
103/4
60%
83
"234
$5
preferred-——
Coke
13 3/8
*110
613/4"
100 V2
6%
Aug
X70%
-
5
7
20
23
25■
—100
100
Pittsburgh Coal of Pa
Pitts
40'/a Nov
Jan
21'/a Jan
y
Dec
17% July
:
Feb
Mar
Dec
105%
2'X
29
2
:
Jan
Jan
Dec
Nov
24 !•
Apr
23 3/a Mar
30
34% Nov
25
—100
Louis RR
12%
130
23%
.V
22%
22%
C & St
12% Nov
Jan
8
——
59 Ya
113
54%
Mar 22
108
2
57
——25
No par
Inc—
20%
333/1
30
T
s.
Apr
10%
25
25
1
Jun
8% July
Apr
5%
20
Jun
36'/a Nov
15% Nov
9% Jan
3
—5
100
xl03/a
.10%
12%
100 %
*100
22
22
*201
205
*22%
23
330
'y
22 «/4
"
603/4,
.
83%
; )>?S2
12%
101
22
*197
■
'
34
*100%
9,100
Mills
H93/4 Nov
,116%
2
106% Jan
Iron
Aug
23%
Jan
22 y8
18
191/3 Aug 20
—?00
31 %
Feb
21%
16
43% Jun
19
par
Hosiery——
preferred
Jan
8
-
381/4 Nov
2-
No par y
Coal &
;
July 27
No par
_
Apr
25% Mar
30
16
23
20
50
Apr
16
30
43% Nov
16
Jan
105% Nov
7%
C
963/4 Nov
45
2
25
37% July
2% Dec
110 »/4 Mar
27
92»/a Jan
/
30 F Dec
55
43% Nov
19'/4 Jan
■'
/
5
21
100
8
1
Dec
Jan
Sep
37%
16
Nov
14% Jan
y
July
109
9 '/a
18
49
69
„
Dec
61
Jan
2 »/4
23
Nov
July
Jan
13%
1 ■-
Nov
Apr
30% Jan
y
—1
„v
99% Nov
y :
29
113
3
14
33% Aug 21
37% Mar 28
Phillips Jones Corp
Pitts
Jan
Nov
6
Pillsbury
135
11%
19
Apr
Corp
-
Mar 26
62
Jan
Philip Morris 8c Co Ltd
4%
preferred
$4
14
111
;;
5%
6% Aug
933/4 Feb
23
8% Aug
63
Pncenix
20
17% Jun
Jan
51 %
7
2
: 19%
15%
30
Jan
Feb
4%
May 28
473/4 Nov
Jan
Dec
1%
18
151% Nov
26
Inc-
com
72
17%
I81/4
24% Mar 12
9
100
America
Oct
14
Sep
•73^ July
26%
17
11% Aug 23
100
100
1,700
34%
1071/2..
21%
:::
r
,
1
'
101
101
100 %
■
•'
*196
*22%
22
iftwo
.
83
*100
223/s
22
00.-1 oy4
623%
*33,
22
22%
12%
82%
*196
22%
'
10 Va
603/4
34
100%
iV29
11
11 V«
11
111/4
;t>i2Va
.
205::
85
•
Y;?:TL;:A
10%
,10%
*19$;
61%
.*83
Co
*
7~500
10%
'197
*201
(Chic)
Oct
10
If 4
"
36%.;
108'%
100%
/|/
—10
5
100
100
Mar
21% Jan
10
parX
2,800
10
8
106
No par
preferred
1
100
Phillips Petroleum—_——No par
300
/
% 6 3/4 Mar
.
50,
com
Feb
23%
11
No par
Co.
Dec
163
27
20
23
5
No
Read
&
Phllco
5% Nov
39% Nov
6.200
26%
124
57%
31' ;■
Phila
24
1
No par
100
prpferron
44%
2y4 Jan
Jan
Brewing Co——
Electric
123%
Jan
45
30
No par
preference
$1
Nov
v
5
A—..
Co
Apr
Jan
Dec
103
28
64
29% Feb
Corp..—_1
preferred
Phila
47% Nov
22
59
Phelps-Dodge
Corp
Philadelphia Co 6% preferred
$6
27% Mar 26
21% Jan
33 %c
&
Dec
2%
July 26
32% Jan
;
par
Co
(Chas)
42%
3%
19
80
110
24
No
Corp of
Jan
"83/4
26
Nov
16
15
Oct
2nd preferred
Petroleum
Dec
123/4
25
11% Oct
Jan
xl8
Corp
Co
4'% %
28
29
■'
700
9",300
34
1133/4
29
283/4
36%
106 Va •
56
.—10
preferred
Milk
Oct
par
No par
prior preferred
5%
Pet
111
1063/4 Oct
Mines—1
Marquette Ry Co
70
70%
283/4
Pere
39%
112'/a
28 3/4
Pepsi-Cola
.
2.50
Ry
Dec
48-
4%
"
4% Mar 20
par
Corp_
Eastern
&
31
No par
Peoples G L & Coke
35V
149
13
23
29
No
ser
25%
Jan
25%
Aug 17
x39% Nov
Jan
,
393/4
6
No
Sand
Nov
Jun
/
Sep
Jan
30
30
1
preferred
Pennsylvania RR
Pennsylvania Salt Mfg Co
Peoples Drug Stores Inc_
Peoria
10
173/4 Mar
1
Co_
oref
148
14%
117%
30
2 81/3 Jun
100
Airlines
17%
7
18
13% Jan
&
Inc
Co
Coke
Nov
'/a Oct
66% Nov
16% Mar 26
2%
1
Cement
Glass
33%
-y
70 y*
^
500
100%
&
conv
5%
2466
V
i y
10%
$7
Penn
.133/4
14%:
X112'/B
701/4
114
900
113/4 ,,121/4
34 %
29%
*121%
243/4
*105%
11%
34%
14%
96
36%
%
28%
118%
95
36
106
38%
19%
56
*116
-
H,
34'
;
110%
27%
253/s
91%
■
11%
38%
i
91
*105%
68 3/4
56
,
10%
Coal
Penn
Penn-Dixie
Jan
39
8
No
Ford
Penn-Central
Apr
48%
46
26
Transportation
(J C)
Penney
13
Sep
.V 8% Nov
Mines & Enterprises
81
Jan
30
X60
y
18
5%
"
*435/a
/
,
45
*96
151%
V *291/4
44%
113/4
110'/a
124 y/;
.21%
*21
400
Jan
8%
7
2
Inc
&
10"%
i
19
175
29»/a Apr
Consolidated
Davis
Jun
5% Jan
Ref.
&
Pictures
Utah
Park
64
3
106'% Sep
Inc
Tilford
&
Feb
28
preferred
Paramount
Park
Parmelee
95
•
10%
Cos
conv
Patino
1,300
35%
68%
111%
28
4%
55%
3
Line—-No par
Pipe
Prod.
Paraffine
23
28% Nov
Transp—
Sep
Dec
8
.—100
East
Panhandle
8,100
20,100
1061/2
x.J83/B
V
69
&
Dec
24% Aug
157
7~5%
No var
Car
14%
Apr
May
Jan
3
preferred
8,900
6%
AII %
122
19
..."
.
37%
4%
Mar
Oct
Dec
64
16% Jan
Airways Corp
Petrol
Panhandle
:<•:
•
13%
29%
,.
*118 3/4
V18% f 19
38%
>: 37%
19%
37
',14 :!y,
6%
"105%
113%
28%
67
Motor
American
Pau-Anier
6
108
5
10
Corp
Parke
13%
Y" 35%
37%
38%
70 VY 70
•
■
28%
125
Packard
Pan
Oil
Western
1,000
20 Va
151
451/4
..
1)9
.91
V
34 Va*
33
28%
*118%
18%
Pacific
121'A Jan
160% Jan
:_1
Parker Rust Proof Co
6%
X45%
:
-
5,600
14%
12
11Ya
363/8
113
20,900
,
46 7/a
106'/a
*105%
32%
37%
4
"113
:*/'■13%
141%
33
-
:
20
29
28 3/4
*1161/4
93
35
*105%
:13
•
113
'37
28
1
1193/4
93
343/4
10%
5
383/a
';
943/4
i 106%
7,200
27%
*67%
44%
35
36 3/a
29%
35
10%
321%
293/4
373/8
29
,
119
*105%
''•v-
31,700
100
-100
Tclep%& Teleg
preferred
3
38i/4 Mar 27
par
Pacific Tin Consol'd Corp
-
27%
34%
64
45%
29
•■-"•
v 96
96
50
45%
*111
44%
*43'/2
;
100
148%
90%
y
/
45
45%
473/8
57 %
38
69
.6%
113
443/8
v
14
; •"
28
*111
:••
.y:
443/4
90
.•'•28 :Yv
45%
29%
*93%-
V
44%
43
41%
*28
*111
41,200
80 %
110
139%
7
.90
90%
90
29
139
b%
7
113
*26%
1)4
63/4
91
; 90
Y/
>
29
','2
7
*138
138
138
11%
•
*6%
No
Mills
Oct
11% July
31
Oct
41% Nov
2
Jan
18
147
7
89% Nov
24
48
/
No par
*
Xu8
137'a
100
271/a
38%
,38%
70
42%
*110
.
27%
70%
11,100
43/4
38%
27Y2
69 %
393/4
110
46'/8
.
5
38 Ya
27'/4
>
2,700
*78 %
%
57
39 %
20
109,200
171/2
11
,,,
47%
56%
27%
•
58,300
23%
39
Va
38 %.
;
8%
Va
*108-/2
•12%
12i%
6%,
39%
80
x46%
,/
5%'
-4%
:
8'/8
16Va
11'/a
*78 y4
47%
58 Va
4%
1,900
/ *109'/8
137'I/4
■v
11
80%
58
4%
"28%
23
110
108%
10,800
28 Va
110
*108%
11%
*78V4
81
30
8%
8%
x38%,
110
"
1713/4
8%
16%
45%
'
.
11
Pacific
171%
.,231/4
16%
39'/4
38
110
110
.110
8
22%
16
26 3/4
193%
69%
110
10%,
80
110
:,.'"•
37%
36%
*109 Va
..
10 y4
y;Y
22 Va
r
Pacific
'70
148
*146%
Hv
28j/4
74
39%
*27
12%
.
U-
X2'i
28
39
28%
ly Vs
8
36%
110
4%
4%
•
39
■>
.*'• 44 Va
543%
•
*27%.
..
*1073/4
,
443%
44%
54%
27
4,100
C6%
'/a
Electric
&
Jan
26
20% Nov
23'/4 Nov
"y
9
34'/aJan
25
Lighting Corp
00 va
'/a
8,300
172%
;V'
1,130
44%
58%
2
24
108%
78
'
20
45 % Mar
preferred non-cum
No par
2nd preferred non-cum—No par
Dec
89% Oct
f
2
13 % Jan
•
28%
32% Nov
7'
11 % Jan
B
1st
43%
8%
27
41%
30
20% Mar
8% Apr
991% Aug
8% Jan
35% Nov •30
'
10
Co
58%
*14/
,
30'
Coast
Pacific
ot>
*171%
lio
K
,88
40%
•■
660
58%
*58
Xou
20 3/4
Jan
30
164% Jun
Sep
105
July 31
34% Nov
2
15%
23% Nov
28
17-/4 Nov
26
Feb
58
■;
par
12.50
NOV
118
22
Jan
22 Va Jan
2.50
Mfg—
—;——
155
28
28
119
2
23 Va Jan
par
100
-—
77-/4
20
88
393/4
45
44%
59%
63
58%
■
_No
preferred
21% Nov
32-/4 Nov
Jan >"4
13 Ya Jan
—10
Elevator
6%
30
91/
76 Y4
21
*58
44%
44%
*
11 Va Jan
..•107
Oct
112
106 3/a Jan Y3:/
100
Oppenheim Collins
6,500
.-•;-
12
16 Ye Aug 20
24% Jan 24
•.•■
preferred—100
(The)
preferred A
3400
167
77
par
Corp
conv
35%
35
*162
:
*21%
•
Omnibus
107% Jan
pur
.No
'
19%'
22
*18%
■
—
32 -/a
293/4
293/4
_Ao
Co—
convertible
4%%
8%
Co
100
pfd.
4.40%
Oliver Corp.
35
*88 v
76Y2
75 Ya
34,700
lb7
*102
293/4.
.
Edison
213/a
32»/s
112
118
17;
117
34%
167
91
293/4
*87
Y.
16
16'A
V
,
'
118-/2
33
75 Va
75
-74%-
74%
32'/4.
153/4
166
*162
21 Va
31%
119
Ohio
20%
313/a
*110%
112
20 3/4
*1151/2
34
33%
33%
*110%
213/B
321/4
118
117
*115%
112
20 3/4
31%
153/4 >16%:
,
29%
*110 %
,
118
118
:
166
*162
166
f
117
"
33%
33%
'
-
■\ 34%
33%
32
f 1 b2
112
*110%
112%
*110
8%
Jan
25
25% NOV
8
8%
Apr
13 Va
24'A Sep
3
19
11%
Apr
18 Ya
X33
'■
Nov
52 3/a May
.
59
18%
Dec
Dec
July
55
Mar 27
66'/a Nov
1
17
Jan
2
27'/a Nov
10
13'A
Jan
Oct
31
87%
Jan
"18%
-Xl21% Nov
14
96,
Jan
109%
Oct
10
104%
Jan
113 Va
Nov
Jan
122 y4
Dec
102% Feb
16
106% Jan
30
Jan
4
110
121% Jan,
3
112
138
.
Nov
Xl48i/a Nov
14
113%
Dec
Dec
11
Volume 162
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4443
NEW YORK STOCK
LOW AND
i
$ per share
61%
62
22%
22%
/ 62%
63%
63
64
23%
23
23%
22%
>109
111
110
33
33
33
*115
115%
t
-v.
>
33%
>110%
113
*110%
110
33%
33%
116%
X115
115
15%
15%
88%
15%
>1 15%
123
126
1*107%
7 108%
109%
il 38%
38%
I'r- 22%
.1 *37%
22%
62%
61%
23 Va
112%
111
!
33%
*43%
4
*108%
39
28%
31%
7
37%
39'/a
24%
;V *37%
24%
14
14%
/-I
1
7
21%
21%
109%
*107%
81 %1
.
*43%
>
7:
15%
'
>79%
r
v;
1
28%
53
53
25%
86
53%
.
55%
112
*111
*111
—'
29%
30%
-29%
66%
65%
29
I I: '
21%
♦111%
22
23%
94
33
34%
35
16%
16%
5%
31%
177%
1 35 11 35%
55
18%
15%
43
.
15%
rP:W1
81
18%
96%
54
.
18%
'•'• 55,.
♦132Va
>
45%
43%
54%
54%
31%
114%
127%
127%
127
127%
r:'■
'
-45%
41
67
40% 141%
66% 1: 67Va
25%
25%
25V2
25%
25%
:1 *106%
17%
101%
*106%
107%
106%
,17%
17%
18 Va
18%
1 43
42%
43
43
107 '
,1*104
21%
1?
21%
106
42
il
I,' ;-- 27
.67 .:■••
106%
45
?
'
'42%
42
% 1:
*104%
111
24%
24%
*21%
21%
i,:21%'
22%
23%
23%
24
27%
28%
28 %
28%
,•
22'
42%,67% 1
18%
45
V
105%
21%
:
21%
22
25%
25%
26%
22
22
24
23%
•
II.27%
-
;
•122
BVa
18%
77/*
18%
•65
67
66
66
122
122
123
123
7%
18%
8
19%
27%
27%
28
•122% 127
35%
36%
1*>4 »/4
1?«
27
,
•36
8
8%
19%
*39%
40
36%
•39%-40
51%
♦46
*47
For footnotes see
51%
•
28%
37
-
1
37%
40
1
51%
1:
'
32% Jan
42y4 Dec
"
12f?
-
19
27% Jan
:
Motors,
11.% Jan 22
102% Oct 16
137
Jun
23
90
69% July 26
85
Oct
19
50%
Nov
16
Oct
6
1:
1
17
;
-
Inc
Jan
3
7
99% Jan
July
42
;
Jan
Jan
102% Aug 10
27'AMay
.Common,
—
3.60%
10.
—
16 Va Nov
.
:
Jacob-
-
4
115
11%
Feb
18
Nov
Feb
24
Dee
14%
Apr
23%
1
X83% Mar.
Jan
NOV
,
1
2
Apr
21%
Jan
102%
8% Jan
63
10
16
7 86%: Apr
2
40
^
Oct
46% Nov
8
105
NOV
36
■;
7
2
2
27
13
18% Nov 23
16 V4 Jan
s
29% Nov
May
Sep 22
30% Nov
27% NOV
2
21
48
<
29
i?R%
96
.97-
-
25
Jan
110% Jan
7
45%
113
11
-•
pi.
113
29%
29 Va.
115 %
-
<
46
-
1161 i
126%. 126% 1
1
46
,
..
.
27%
28%
;;
28%
*123
36
■
:i.
29% i
16%
16%
♦108
% '1
I 123%
'
8 Va
20
r
66
22%
28%
-
110
11P6%"
21%
21%
X22Va
•
23%
8
23
Feb
38 Va Dec
Jan
115%
♦122%
.
21%
28%
125 ♦ 1
8
1
1
.126
36 -1-1' 11-i
*38%
40%
♦46
50
'
66%
109%
37% Mar
v
8%
80V2 Jan
i
5
..
11% Jan 24 :
Sparks Wlthlngton——-A'o par
1: 6'A Mar 27 "
Spear & Co———1,1 > 77/a Jan; 2
;
Feb
115 ;
Nov
108,
Jan
110
Jan
20% Sep
25% May
2% Jan
16%
8%. Dec
Feb
IS'
Dec
13
May
63%
Jan
$5.5) preferred—..
'
•
•
9
Dec
18% July
;
78% July
11% Sep
14 Va Mar
72
Jan
76%
9% Jan
48% Jan
15%
Oct
61%
Dec
20% Sep
28%
Apr
3
24%
23-
May
Apr
Apr
10% Feb
.
40
page 2659.
v
Oct
1.7% Dec
35 Va Sep
31 %
Dec
16
Deo
Sep
42%
Jan
13% Apr
18V«
23%
54%
31%
35
22
Jan
29% Feb
Jan
Jun
Dec
Dec
Dee
26%
No par
80
.
Feb
2
Dea
58
Dec
85
92
Dec
20
11 V» N
19% Nov
95 ;
•
Oct
Aup
Sep
14
1 900
9,400
v
,
ra
f
ueo
79% Nov
.
,
•
.
-
,
,
,
,
•'
"
29%/
" 133
/
51%
July
24%
17 %
Spencer Kellogg & Sons——No par
:
32
Mar 27
44%
Bperry Corp (The) —.1
"
27 Va Jan 24
36
500
Bpicer Mfg CO—±L———No par
; 47V2 Jan 12
83 Va Nov 16
30,100
> Spiegel Inc———.—^,.—..—2•
•
12% Mar 27 '
22 V4 Nov 30
t. 330
"
Conv $4.50 preferred——No par
76% Jan
9
99 Va Nov 16
Nov
2,400
8quare D Co.
—
—1
37Va Jan 10
59
1
Nov
130
'5% conv preferred^.——.100 1,109Va July 3
138
:
700
8quibb (E R) & Sons..
—No par
58
Jan 20
HO'A Nov
Nov 19
70
$4 preferred———-—No Par 1,107%'July 27
,113
1 6,400
Standard Brands, Inc
No par V,. 28
Jan
2
46% Oct 19
500
$4.50 preferred
-No par
111% Jan
2
115 Va Aug
151,900
Standard G & E Co $4 pref—No par ; 1 2% Jan
2 •
33 Va Nov
Nov 17
700 '
$6 prior preferred....——No par
1 67%, Jan 23 K ; 117
1v 1.200
$7 prior preferred...
—.No par
"
78% Jan 23 1131% Nov 20
117,700
Standard Oil of Calif——.Np par
38% Jan
2 -147% Nov 13
tl2;300
■
Standard Oil of Indiana...
....25"
33% Jan
2
43% Nov 13
'117;60d
Standard Oil of New Jersey—25 , : 56
Jan 24 •
687/a NOV
1'>5,000 " Standard Oil of Ohio....———10
'
19% Aug 20 27 " Oct
10 1 500'1
3%% preferred series A—...1001 107% Nov
1
108 > Nov
Noi
121^00
Standard Steel SpringH..—. 9% Jan 221
19
500 '
Starrett Co fThe» L 8—— No par
34
Aug 21
46 1 Nov 17
Oct
9
>25.400
Sterling Drug Inc common——..5
34% July 26 v
45
Nov 26
In 200
3% preferred
—.——100
101% Sep 15
106
'13,400 i
Stewart-Warner Corp.———..5
16
Jan 22
23 Va Nov 30
10,700
Stokley-Van Camp Inc—
__1
10% Jan
2
27% Nov 30
Oct
8
400
5% prior preferred———20 •;
18Va Jan
2
22
Nov
>
18,800
Stone & Webster———-No par
\
10% Jan 24
24
18,100
Studebaker Corp (The)——.1 l8 Va Jan 2
30%
1V; 1,900
Sun Chemical Corp....—16V4 Nov 30
16%
i.__
$4.50 series A preferred—No par
1
v 11
800
Sun Oil CO—.
——
No par
57
Aug 13 "
73 Vs !
I'"
30 '
Class A pfds(4%% cum)—...100'
119% Oct 31
127% Mar24
36,000
Snnray Oil Corp
1
- 5% Aug 20
.
8% Nov 30
26,400
Sunshine Mining Co—
.100
•
10
Mar 9
22% Nov.30
7.600
Buperheater Co (The)—
No par
"
22
Aug 21
> 30
Oct 8
l.f?<v>
fiUDerlor Oil of Calif
28
79
Jan
3
133
Nov 30
900
Superior Steel Corp———;
...100
1 25
Jan 22 1 38 Va Nov 15
300
Sutherland Paper Co——
...10
31
Aur 11
41
Oct 15
200
■ siw^Pt.c no of Amer
/The!.:
12%
17% Jan
2
51% Nov 7
-
.
36% ■37
*39
i 11501'
Dec
45% Nov
109
n
July
Dee
14
Dee
% July
64;;
.
.
123%
21% -22%
."'.•:■'•• 28%
:
110
66%:
'■
Dec
9% Deo
=
'
22
23 V4
I'-
i 9
Jun
1"-.24%' July
34% July j
Jan
105
,.
110%'
115 H
♦113 Va
•
,
v
v 136
>1110%
'
Dec
':;■■
14% Jan
27% May
Oct
11% July
17%
'
54% 1
54%-
Mobile & Ohio stk tr ctfs_„.100
II 2,100
'
135 %-t:
35
19%
Jan
16
a 17% July 17
5 71
Mar 26
Dec
15% July
35% July
139% Nov
Jan
5% Apr
17%: Jan
26
-
18% Dec
LOO
8% Feb
7
Oct
..
13
May 22
11% Nov 19
7
19'A Apr, 10
Jan
:
Dec
5
24% Nov
.
28
18
i
10 V* Jan
33
88 J
8% Jan
22
6% Aug
Jan
28
Oct .11
2
Dec
12% July
Jan
30% NOV
5
2
Jan
Jan
16
87
111% Nov
Jan
Jan.
1.000 ,1' Spalding (A G) & Bros Inc—.-—>-1
25,800
-I
% 1; 11;146%1 46% 1
41 Va
41% 1
42
41%
67% 1
1 65%
67%.•'
• "
G6%
X25 Va
25%
"125%: 25%'
1 *106%
107%
107% 1
18% ' ■>.116%:;119%?-:
1*4411 45
;
44% 1 46 '.'-V,
1':". 42 1
i;1i:41%1' 42 % '
42%
>104% 105%' 1'■■?.. 105%. 105 Vz *
1 22
- 123-I'll
22%
23% f:
26%
27
27% 1
27% '
*122
July
18
13
24% Oct
8
110
Nov 21
% July
I
•
123%
Aug
5% July
1% Deo
% Deo
10
43%
*133
11
.127'I"/'-
46%
16
29
,.
•
94%
-
30 V4
126
Dec
99%. Nov
8>/4 Apr
;
1
Jan 16
99% Sep 21
16% Mar 27
—
-
300
28% Oct
22
37% Mar 13
v
series——_100
Jan
Jan
Socony Vacuum Oil Co Inc
15
13% J
South Am Gold & Platinum....
1
•
4% Aug
1,200
Southeastern Greyhound Lines
5
1. 20% Aug
7,600
South Porto Rico Sugar— —No par : V140% Apr
*
40 ' 1
8% preferred^
■
—100 5
155
Apr 20
3.000
Southern California Edison—.
.25
26% Jan
2 !
1 5,200
Southern Natural Gas Co^_—7.50
17
Jan 20
15,700 1 Southern Pacific Co..
—No par.
; 38 % Jan 31
5,000
Southern Railway ——
—No par
/ 32% Jan 22 ;
1 1,700
-5% non-cum preferred..,
*100
64% Jan 22
56%
43%
>
•
116
85% Dec
76,300
84% I
*88%
113%
27%.
Dee
Dee
27,500
18%
45% 1
*115
Dec
13
155
18
32% Nov 20
3
Aug 20
.
36%
5%! Jan
7
'
5
;i 15% Jan
1.
29
22% Jan -3
22% Jan 22
;1
__25
•
27% Nov
,
91 %
•
1 110 1
' 115 "
'*21%
67
50
45% Jun
16
,
22%
79%
II 79%
.1"'' 211; " .22%
-
55
136
-
44%
28%
36% 136%
39%
40
*47
31
Jun
•
■
8
8%
19% ,'19%
1:28%
.125
*39
*45
;
*66%
*122
20
28.
125
v
■
36% Jan
J
..
35%
I
96%
*108
66
123%
35 Va
84 Va,
16% 116%
65%
Dec
50
5
,
60
1
42% '42%
106
21%
24%
46% ".
25%
*43
Mar
,
179
18%
20
•113
106%, 106%
T
j
'
27%
Va
•
18% VI I,18%
♦104
21%
,.
:
*43
42
JL06
21%
■
.
■
22%
21%
22>/4
1
41%
42
>
46%
-'I
42% 11 1 41%
66 67% 11
25% ,1;
25%
24%
21%
23%
1.
<
113%
29%
1 115 - ll
♦126% 127 1
115
46%
110
*113
27%
;
-
21%
'
31%
-
II 55%;
82
>
54%
136
1
,
44%;
•112%
v
'
-
■;■-:
115 1
44%
1
28%
114%
66%
I-
-
*113
44% 1;
*112% 114
I
40%
>1: 43
137
Hi; *133
I'l-:1 •106% 110
113
Deo
16%.' Jan
,
:'i
17
>*90%
1
94%
*79'
1
115
46%
79
55
44%
113% 113%
27%; 29%
46
34%;
54%
106
36%
1
:111591.1 60% 1
55%
19
138
1
91%
16%
X95
>•
'"1
1X21%
-
441.1 -144 1:11 ; -••
35 Va
11;
34%
19 Va
137
18
34%
29 y4 Mar 19
St Joseph Lead——^.———10 •. ;
37
Jan 23
56
Nov 16
Safeway Stores
_8 ;
19% July 27
28
Oct 23
5 % preferred
....
—100
110% July 25 ; 115% Mar 9
'"■'•>
8.600
Savage Arms Corp
5
8Va Mar 27 '
13
Oct 16
1120,200
Schenley Distillers Corp..—
2.50
41% Aug 31
94% Nov 7 ;
I,
400
5%% preferred
'*00
xl05% Jun 22
111
Feb 23
600
Scott Paper Co
—No par
x42% Feb 23 i
61% Nov 2
$4.50 preferred—
-No par
109% Nov
3
114% Jun 13
I
H
$4 preferred—
—
No par
108% May 1
113
Aug 2
7,700
Seaboard Air Line ctfs w i—No par
30% Oct 31 1 32% Nov 7
1,700 1
5% preferred series A w i__~100 65V4Oct 31 v 69 ■■■: Nov 30
2.8C0
Seaboard Oil Co of Del—.,
No par
22 Va Aug 21 •
30 Va Nov 20
II 1.5C0
oorp—
...
a ,
7. Mar 6
12% Nov 20
1 43,700.
Sears,' Roebuck & Co new
No par35% Oct 23
40
Nov >71
118,700
Servel Inc common
1
;
17 V2 Mar 26
25% Oct 18
50
$4.50 preferred
No par
107 V2 Oct
1
114
Jun 27
98;900
Shamrock Oil & Gas
.1- >
7% Sep 26
16% Nov 23
1,300
Snaron Steel Corp
;
—No par
163/a Jan 22 > 253/a Nov 7
120
65 conv preferred—
No par ...
78
Jan
3 H00
Oct 17
8,000
Sharpe <& Dohme
i.—
No par VI 12 Va Mar 27
25% Nov
7
V "
'
$3.50 conv pref ser A—No par
74
May 15
79% Nov
8
1-' 2,400
Shattuck (Frank G).__
NO par 13% Jan 23 1 22% Nov 27
1.
so
Sheaffer (W-A) Pen Co
,—No par
59
July 23 4
70% Nov 9
9.300
Shell Union Oil———
H-15
11 24
Aug 21
35% Nov 30
1 32,100
Silver King Coalition Mines
5
1 5% Mar 26
11
Nov 30
7,600
Simmons Co—
...No par
32% Jan • 2 45 V2 Nov 30
300
Simonds Saw & Steel—
...No par 1
30%
73,000
Sinclair Oil Corp——-——No par
14%
u
3.900
Skelly Oil Co—•————..151
41'A
f
2,500
Gloss-Sheffield Steel & Iron-—20
153/a
250
$1.20 preferred————No pari ; 122%
4,300
Smith (A O) Corp..10"
48% Jan
11 800
Smith & Corona Typewriter-No par
29% July 27
; *- 6 % i
59%
178%
•1
84%,
*83%
,96%
112%
23
87
16%
.
1
19 Va
.
18%
19%
*104%
30
Feb
Feb
.60
10% 1 i"i;io%' 111%
19% 1
17% 1 ::i 17%
96%
.;
128%
46%
11127%
16 1-1
79
19%
■
33% Dec
12%
28
,_
18 Va
97% -1 1
19
19%.
10%
43%
34%
i>
82
■;
*
.
97%
•1
Dec
28% Jan
.
62
36%
-
35%
55%
94%
1*88
43%
34%
"1*78 %
112% 113
43
•'•■15%,
15% i ;
43%
23
22%
60 y8
84%
>90 Va
18%
43% -,1" 1,
45% 1
•
"85
180
58%
10%:
:
il:
66
35%
6%,: 111; 6
31%
31%
35%
91%
18%
94%
2
,
21%
19
v2..;
22 Va
85
10%
.
43% '
Jan
3.000
"
57%
84 Va
18%
115
27%
*114
.
56%
1 *90%
115:
26 Vis
"
«
60%
34 Va
107%
*113%' 114' :Vl;
22%
57%
15%
•
137
43%
42%
35%.
22
84% 11
*88
July
28
25
'
59%
10%
NOV
41% Oct 16
1 Nov
7
38 Va Jun
8
Aug 11
Mar 26
.
24%
59
59%-
180
35%
10%
109
July 18
12
80%
88% Jan
137% Nov 27
'
97
1
'58%
180
22
18%
1
31%
"■
•;11>.19%1.
:
17
6' 1" 1
111% I
\ 16%
.
*42
36%
16%
60
58%
*177
90%
2
Apr
Jan
7%. Apr
10% July
107% Jan
.
.
10%. 111:'1:1
1
'
18%
85
*35%
6%
23%
11 11' x43%
23 Va
,
84
31%
I:
83%
8%
69%
8
17y4 Nov 27
.
11%
36%
35
43%
23 Va
V
17
35%
57
97%
•102
112%-
'
,
90%
:
36%
11131%
'
137 11
f *102"
•
,
1
1
29%
•
11V4
66
.
19%
61% .1
1
60
94%
108
I *130%
II
44
69
21%
•
58%
1116%
111 6
/
179
% 35 Va¬
il'22 ■■;,
43%
34 Va
♦77
96
53
1,1 53-1
.-I
♦88
34
18%
*95
1-
*15
79 V2
111: 79
Hi, 18
18%
10%
HO
33%
I-'. 33%
i.
9%
1i*42-1 '
19
19%
23 Va
32 y2
;
(
35%
10%
58%
18%
83%;
"
•v11'23%- 23% 1
85
*78
66%
34%
\
58 I'l-
111%
24%
*95%
1,
19%
35%
ill
57% 1
55
*177
83%
91V2
1*90%
*18%
1' *42%
94%
-
r
56%
83%
;
6
31% •31%
159%., 60%
10%
"
22
22
16%
5%
31%
54%
53%
35 v2
16%
90 y8 Oct
16% Aug '
i
8.000
23
,
22
59%
58%
19 >;
23 Vr
81% 1:
35%
,
6
Jan
Nov
'
119% Jan
Rustless Iron & Steel Corp———*
,1
12%;
;
29%
.
185•111
42%
43%"
82
; 19%,:..;
1
23%
81
177%
84
*112
>
65%
43%
lli 18%
>•
19
*22%
81%
93 •'
15%
•:
80%
56%
84
i '1'
♦18%
19
23 ■■■ "1 23
60
:
43
*78
,x22
134%:
*42 %
1
35
*88
j.
/
22
18
1
19
59%
5334
11*90%
-
18%
59
31%
;tfi 55%
1
18%
58
17% Nov 29
7% Mar 26
43
_10
—
Ruppert,
36%
■:■
,
23%
23%
1
67
42%
;,i
42%
2
15
No par
Mtg Co—
2.200
116
67%
.
.
24%
9% :,"«%■,
1
43%
12% Jan
'91
■
1st pfd—_100
3.900:
27%
*111
96 V2
85
34
1;?
9% ■1" 9%
18%
177%
21%
1
42%
42%
57%
5%
l;> 35
10
24%
95%
22%
*66
.134:1111:
33
1
43%
.
16%
59
11
1
23%
23%
22
67
1
42%
*42
35
It ' 31%
II 53%
1 *175
;
*66
9%
9%
40%
19
5%
,
33
80%
:16
v:-.'
,r1
'
23%
•
'rpf 35 11
1
?
24%
*78
85
1,700
1
15511;
112% i 1,1:' 111%
15%
11 15 Va
14%
95
95
22%
58 1
18%
•:
23%
18%
79
,
22%
22
♦111%
115 v.--;'
11124%
■■I'l
21%
(Kobt). & Co
26
1'30%
36%
23%
'
*23
;
32 Va
43
18
1
14%
*60
19% Nov 27
10% Jan
100.
30% 1
*553/4
H
29%
36%
112%
*111%
14%
95
i 1
*11% 112%
22%
22%
24%
Oct
—
33,000
29%
....*109
31%
671
X29%
37
.
41%
■11*57%
•
112%
65%
9%
9%
41
111: 42 V*
,
65%
•,>.36%
24 Va
Dec
24%
Mfg. Co_
1,7
k
Richfield Oil Corp—
-No par
Rltter Company
-No par
Roan Antelope Copper Mines—i
;•
;s
Royal Typewriter——.
-1 >
r
Ruberoid Co (The)———No pa*
21,100
10%
12
•-
\
30%
•1167
12%
H-12%'
'
'
56%
111%
30%
12
95
108%
778% Jan
.—5.
—
Rheem
1,700
1;-11; 89% 191 ;;;
106 iV 106A
•111
66%
30
30%
106 Va
X56V2
*109
31%
*111%
>
*106
30
37
'
103
Ffeb
52% July
18
Mar
Sep
Jan
35
3
v
Hosiery^.—
1' Preferred
2,3^0'
27
/ 54 Va
27
.
89%
1
,120
•
7 1,600
'
66%
:
1.13%
22
3311
*66%
21%
87%
57%
122%
22%
84 1
21%
21%
68
1:
12 Va
\
22% 1
18% 7
46
*114
114%
11-12,11 12 Vs
111%
66%
27
■'
*55
31%
I
54%
114%
90%
45%
9,300
105 "
*30 1
:'1 25%
V
26
n
•45
-
180
2.400
'38%
28%
.
•
54%
26%
115
106 Va
■;i 21%
95%
♦81
18511
21%
'
1 *93
22%
22
*78
;
23%
24%:
94
.11;:'-
11
•
:
23%
10%
28%
46
1 8.100
;
20%
'->18
:10%
10Va
7,500
>200
29%.
111%
45%
-
■
26
•;55%1
29%-
•104%
17 22V4
30 'A
♦109
:
112% NOV 29
May
77 7%
Republic Aviation Corp.
.„_l
Republic Steel Corppar ii
.19%
6 % conv prior pfd ser A
102%
__10C.
Revere Copper is Brass-——No par
X- 11%
17 87%
5V*% preferred—i
100
15 y8
Reynolds Metals Co
—No par
;
98
5%% conv preferred—
1007'
14%
Reynolds' Spring—l
31%
Reynolds :<R J) Tob class B
<—10 •
26,900
108 y2
•
37%
yr
45%
*111
12
24
28%
87
55%
.36%
112%
14%
23%
•111%
11,14%'
15
'
18
26
11%
111%
30%
12
17%
23%
7
•106
31%
.
36%
21%
22
123A
*66%
,
,
30
12
:
112%
:-114%
1
35%
12
36
''
66
30
£9
■
••'••-•*11%
:>i 35%:
.I
31%
22%
30%
25%
91%. I,
55%
104%
•7
'
.*1
7 46%
104%
30%
54
Reo
38,200
:
22% 7'
>
>46%
non-cum
Reliance
4,800
16
7 20%
.
28 >
-
26%'-
*113%
*111
4
14%
19% Jan
1st preferred——50
2nd. preferred
—50
Preferred with warrants
28
111%
20%
29%
...
1-
106 iV
•109
112
66%
1
•
56
•109
«
12%
90
106 A
.
:7
>
110%
1
46
108
30
-
26%
'
65% Oct
23% Nov 20
119%
-
108 »/8
-
29%
10%
25%
1141'! ,114.;
37% Jan
22
23% Jan
7
50 7
Remington-Rand
114 11
17'. 21%
20%
7> 37%
29%
1'55l1l
25%
106^
1 106 tV
58
1 *109
10%
26%
53
1
12%
90%
12
88 %;
106%
54
115
10
Highest
per1 share
t
113% Nov
15% Jan 22
•
—
Reliable Stores Corp—
200
5,300
25%
Xlg%
4%
Rels
90
102
*112%
22%
22%
129%
1
29
28%
x26
25%
25%
•113%
11%
•
■1> *57
:
.
:
>•27%
1141-
"
-
24
46
25%
110
•
18%;
7
*23%
24%
*107
23
xl7%
1
1
20
13
-
amer
Preferred
"
46% 7
104%
10% 1
29
per share
Jan
24
Jan
106
par
No par
preferred—No par
1
preferred.
—100
non-cum
Real Silk
500
7
32
♦101%
1 "21%
138% 7
*45% "46
26%
86%
,11%
:
.*106
10%
1
1
40 %
31%
.
>
28
1 39%
16%
27% 'v 27%
22%
20%
22%
v
:7
300
80%
27%
v.:
4%
1,300
26
103%
80%
791/2
102
*112
*45%
•
11
cony
118
8
17
cony 1st
Reading Company
l."*T200
44%
1 25%
•
15%
.
30%
7 104%
-*47
-
\
*101%
yn'
37%
!
18
24
>29
,
28%
26%
25
17%
46%
7
C
23%
*23%
7:
i'
10%
28%
9%
26
i
18 %>
28%
;
*113% 115
1
200
7
,40%
X24%
111
109 %
20
46%
323%
24
7 297/8
104% 7
104%
23%
*45%
28
26
: *44%:
45%
18
46
II 28
1.:
10,000
49 >
no
$ per share
47% Jan
Ralston Purina Co 3%% pfd—100
103
33
Raybestos Manhattan—
No par ■
Rayonler Inc-,—
—.117 1,16
$2 preferred
25
34%
170
127%
31% -■■3277
*107 >1 109 ;1,
20% (
38%
:
22%
4
6%
1,500
26%
28
*39%
114
110
38
105
24
.
28%
7J
38 ; v
22%
28
*112%
*
28
:
15%
-'27%
23% '
*20
1
,
Corp of
$3.50
1 2.000
7;
700
1 *44
25%
-27% 1.
*109
20%
45%
18%
I
9%
ri >28 >
29 ;
105
i
24%
9%
,
1,>45
<
23%
37%
•> 103
7
102
25 7
107% 108 1.,
29
;
29%
110
,
77 37%
23 i
18%
*24
:
4oy2
-
44%
27%
113% ;1:
722%
109
7
28%
1 109%
19%
45%
105
,
22%
1
109
'40%
37%
49
*43
39%
32%
31%
♦101%
15%
27 %
♦112
22%
109
1
26% *27%
>108% 108%
19%
19%
37%«
■H::: 37%
->
113%
'21%
•
4
p
*112
Radio
7.800
>722%
24%
24%
•7103% .104 Ya
.
24%
103% "
*38
25%
24%
27%
26%
4
113
1 105
i,
.27%
*48
44
24%
7
V
102
>1 14%
14%
48%
44
39%
*101%
,
i
-
26%
'
26%
26%
1
'
38
38
,
27%
103%
32%
25
-
■
81% v 77 80
1- 27%
27%
32
102
26%
104
•81%
27%
•
1 1
26 H
*24%
82%
*101%
>
•43%
1
38
*48
44
103%
*37%
31
102
13%
44%
*26%
39%
*112
"
135
112% Oct
.
ourp...—
Year 1944
Lowest
Highest
.
$ per share
Par
Radlo-Kelth-Orp" mm
108.300
132
Lowest
7; Quaker State Oil Ref Oorp^.w..,ll ^
200
'
.
17
> 108%
39%
23 Va
;
Purity Bakeries
115,200
89
Range for Previous
Range Since January 1
1 .,;:11'
'
49
106%
*80%
*27%
\
•
109
38%
22%
17%
1'
V16%
•
132%
23%
7*23%
38
28:
49
>
105
82
■26%
OR
*24
11*37%
1-' 31%
,
49 %
*43%
24,
1 *101%
.1 24%
26%
49%
1
43
106%
H 82
]c
16%
132
109
38%
38
88
16%
j
16%
?
*88
88
v
137%
1 109
39
23% 1
38
26%
49%
.
f;*103 1
1
v
39
23%
;
38
*37%
26%
>23%
•
108%
134
7
7
22%
17%
9C0
2.900
>1
...
,
2.100
19
f6%"1 17%
88%
16%
12,200
>
'
EXCHANGE
Pub 8er El & Gas pfd $5
-No par
Pullman Inc
No par
Pur* Qtl (The)—
.—No par
5% con v. preferred—
—100
18,000
33%
'
*48
i
137 %
16%
*87%
7
33%
1/
•
250
62
112
,
33 %
i
1
Shares
23%
112
'"
NEW YORK STOCK
the Week
115
23 %
•
33%
16 .1
',1
17% 1
108%
38%
22%
1
88
133
108%
*38
38
II 25%
•-,<
132
16
88
16%
126
1
•
1
88%
.
15,15%
16%
15%
*88
15%
!:
7
•
15%
*87 %
1147/a
>
Sales for
;
share \
22%
*18%
I
j.
$ per
x61%
112
33%
'
Nov. 30
S per share
share
-V:'
Friday
Nov. 29
22%
62%
22%
$ per
share
per
STOCKS
•
Thursday
Nov. 28
115%
115%
115%
61 %
'
•
$
$ per share
>115% 116%
SALE PRICES
Wednesday
Nov. 27
Nov. 26
Nov. 24;
HIGH
Tuesday
Monday
Saturday 7
,
RECORD
Jan
'
5% Feb
5% Jan
128
Oct
Oct
7% July
10% July
Dec
17% Jan
25%
66% Nov
84% Feb
26
Dec
.
.
,
19%
29
Apr
Sep
8% Jan
3%
Dec
20%
Sep
Monday; December 3, 1945
COMMERCIAL & FINANCIAL CHRONICLE
THE
YORK STOCK
NEW
•\o
Rt<
Range for Previous
STOCKS
AMD BIGI
LOW
,
$
share
p%r
37%
38
38 Va
38 V»
33
33 %
32%
33 Va
32%
38%
33%
38%
39
38 %
40%
41
41%
41 %
11 Vs
11%
11%
12 Vs
12
11%
12
33
$ per
-
-
42
42
12%
'•
33%
11,000
■•,431/4
.
42%
43 Va
Swlfi
12%
12%
29
——
International
per
—-
"7% Jan • 2
27%
9
43 Va Nov ^0
Jan
27%
share
per
33
Dec
Apr
33 %
Jan
Jan
33%
Jun
5% May"
30
12% Apr
M
Highest
S
share,
per
26%
38%. May
..
.
—1
Lowest
39% Nov 20
6
,31% Mar 21 y
29
Apr
8 '
,
Year 1944
'
share /, $ per share •*
30% Apr
No par
Prod's lac
Symlugtun Gould Corp
Elec
Syivani*
29.900
-
Co
<j?
8wi«
•'
5,900
12%
12%
$
Par
3,900
33%
33 Vs
EXCHANGE
■
38%
/ 38
38%
33
Shares
t per share
Range Since January 1
Lowest
•
Highest
STOCK
YORK
NEW
,
the Week
Nov. 80
\\
share
X381/*
i
39
33%
38%
37%
'
Nov. 29
share
$ per
$ per share
t per share
'
Nov. 28
Sales for
Friday
Thursday
Wednesday
Nov. 27
Nov. 2G
Nov. 24
Mil PRICKS
Tuesday
Msndk?
litardty
8
Dec
8%
Jun
8%
Oct
•
;•-■/?V,
•J'J.i
7.
•
i,
♦11 Vs
11 Va
11 Vs
10%
10%
10%
10'A
10 Va
18 Va
18
10%
10 Vs
10%
17 Va
17%
17%' 17%
*107 Va
60
9%
10
X58
50
28%
17%
10 Va
28%
H V*
17%:
54 Va
54%
55 Va
101%
101%
13%
13 Va
13 Va
60%
60%
*58
60
11
11
♦11
11%
11
18%
58 Z
if; 18 Va
56 Va
57 Va
*56 Va
113
*110%
14
59 Va
59%
Z11 ;;
8
22%
22%
22%
107%
107 Va
107%
107%
107%
107%
47 Vt
48 Va
V
63
9Vs
1111/*
*110%
111%
38
40
40%
40
40%
40 Vs
41
I "
I /
49%
50
49%
49%
49%
1
*
•;«/;
22%
;Z
73%
113Va
113 Va
110 Vs
38
26
109%
39%
*109%
.
42%
"32%
Z
.
Va
33
25v»
•251/4
4 Vs
45%
43
t
26
26'/s
12%
12%
80
80
115%
115%
38
....
/ 9%
9%
23Vs
23%
31%
*67Va
68
48%
-f"
91/4
36
36
13%
141/4
llVs
50%
65%
24%
v
69 %
49%'
49%
Z.., 49
49
50
Z?
9%
9%
36
36V2
36%
14% V
11'A
.
14%
14%
11%
11%
52 Va
52%
V
>
*64
V;
67
40
401/4
67
166
168 Va
167
73
73
/
:.:/••:
73
*86%
88 V*
881/4
*86 %
78 V*
77'%
79
79
153%
154
154
29%
29%
29 Va
50
50
50 ":
7%
V-. 13%;
*117 /'
13%
12%
:
47%
*93
95
93
93
53
67
/
X52%
:.
51
X
*64
3.100
•;Z
10%
169%
53..
*65%
5
Corp
/•' 66'-
»•
Jan
74
73%
74
88%
79%
80%
30%
26% Feb
:
5
15% Jan
..
50 3
*50
14
■
Fruit Co
••/
7Va
■//,'? '
89% Mar
Co
-14 V*
117%
*21%'
118Va
*117%
117%
22%
22 Va
13%
117%
;
23
7% •':
*7% •Z'7%.
*47
:.
•;/;/
93%
49
*47
*22%
93%
/./• :/'■
8
923'*
92%
8
;•/
*46
*9
93%
■/■
5%
67%
Z
'43
198
"
197
197
44%
45
42%
*196
y*-/
43%
;><
81
33
2
75
x3C%
*49 Va
i
50%;
Z
-
/
1.800
10
x
18,800
119%/Zz
*117%
118
23%
8
49
23%
./•; 22 Vs
;z:z
e
Z. 49
Feb
22%
Apr
36%
102%
Jan
123%
30-
-
J900
,
4^700
8%
5
94%,,>S4
■
V
90
196
196
196%
44%
44%
'.
•
"*
'
y."r
/•
Dec
i
-
13
-1 %
10
31%
Nov
7
,
28
Jan
Oct
Stockyards
'(■
-10% Nov
Mar 26
Jan
22 '
107% Oct
17 V
195 Va Oct
17
Jan
Universal
Pictures
Inc
42
1 /; 10% July
Z
2
:38 V* Jun
Jan
-
34%
5
/
.«««
8%
5
Apr,
Jan
leVs
28
Jan
23 V
15% Nov
30
5 Va
Apr
2 /
11 Va Jun
11
8%
Jan
Jan
2:'
56
Oct
9
30%
46
Jan
67
NOV 21
40%
27% Jun
2/
15 vV
44% Nov
51% Jan
144% Jan
6
52
Jari
Jan
18
Jan
4
1
19
Oct
16
Oct
18
Nov
.
32
.
50%
10
.
Xll9%
Z
22
:
May
Apr
Jan.'.
May
6
44%
26
2%
Jan
2%
Apr-
16
Jan
2
24
5% Jan
2
Nov
29
Oct
•
*.
76
Oct
22
Nov
19
16
24
Nov
Oct
Dec
18%
0
Jan
31
Jan
•
68
-
162
Mar
41%
Apr
Z
Nov
5%
-
Jan.
3%
8% Nov 30
47/s
106%
-.
Jan
14%
17
99% Oct
July
Dec
30
50
Jan5
48%
Apr
8 V* Oct
14% Nov 21
118
75% Jan
69
-
50% Feb
24
5
Mar 27
.200
23% Aug 21
47
178
7
Nov
160
23
39
Feb
Jan
48%
.
82% Oct 19
98% Jan
1
•
89
4% Jari
?
40
130
-
18
76% Nov
176
2
72
13
73% Oct
6
^_100
—50
Jan
7
6 Vs Nov
2?A Mar 25
——100
Co
170
7% Jan
———No par
--Universal Leaf Tob—
-No par
20
2
18
27
Nov 27
34% Nov
»•
9% Jan
Preferred
preferred
7
/ Nov
112
r
'
>.35
conv
st
27
25
:
—-50
Corp—
.- Nov
41V* Nov
"•
19
1—10
Co—X——
Oct
5;120 ;
20
6% Mar 27
...
-j:
non-cum
.9
30 V* Mar 26
5
preferred-—-—^_No par
Universal-Cyclops Steel Corp—
1
Universal Laboratories Inc—-—1\
Yrr^270.:y
,
110%
110
6
Nov
Steel Corp
$6
•;;• 21,000
47
/
,
/
20% May
"7
Nov
17/ Z 70
53% Nov
38% Jan. lo '
United Stores class A
!l300
49%
94%
93%
Rubber
United
i
9,200
14%
14
11
33%
100%
•'
58% Jafi 24
—.—No par /
135% Jan V 2
/
Preferred
—100
23 Vs Aug
7
/U S Tobacco Co
—
No par
Z 46
Sep
5
•1%
non-cum preferred:—r_23
Zv. 3.000
•
8 V*
7%
7%
10
—
•Preferred
U S
26.000
152%.
30 v2
S
"8%
Zv 3.700
151
"
•
.
& Foundry
Jan
V.13% Jan
/; so
—20"
U 8 Playina Card Co
10
U fi Plywood Corp,-——1
tU 8 Realty, & Impt————No var
;
•Z^vj M;—■'
80 Ts
22
Mar ;9
180% Jan
1'
Co—
Preferred
•
U 8 Pipe
1st preferred
U S Smelting Ref & Mln
68
:; 77
•
•
—No par V
No par
U
73
79%.
79%
Co..—*.
Leather
8
;50
Chemicals——No par
1.600
*87
73
Corp——
preterredi—
9.700
169% : /; •:••
Jun;
20
30
/llVs Jan 24/ ;• 24 Va Nov
107.% Nov 20
/ 103 Vs Oct 23 "
NOV 20
10% Apr 20 , J. 28
Co——.20
—a—100
conv
U S Lines
c
12.200
68%
169 Va
S
•
.41% /
25%
.
30
"Jun
•
Partic & conv cl A—a—;
/'?/'•;/ 100
3.000
new.i—'__No. par
NO par
S Hoffman Mach
U
%
'300
40% /
C'-Z 5^
•
7%
Dec
26
,
No par!
—_/
Gas Improvement
U S Industrial
'
19.000
67
40%
f
•
50%
*50
*
7%
13%
:■.•
79
104 /
-
preferred
7%
Z 1,300
5%
150% 152
30 %' 30%
30 Vs
29%
•
50%
,.
88%
*87
Z YZ
1541/*
154
154/
40%.
169
73 ;•'•■ ■
♦86 V*
68%
•/ 81
2
:
var';
Co——
Drug
•5v-iVc
8.400
■//.;
68%
169
Dec
Feb
27
.'34% NOV 28
Dyewood Corp—
—*
Preferred ———
4—/a.100"
Z 4.300
11%
52%
'
68
45% Nov
•/Z25/, Aug 20
U-6 de Foreign Secupar"
220
;
36^*
15% ,15%
:
67
/'.-•■•• 5 V*
68 y2
67%
118
•92%
15
15
>•;• u
"
»
111% Nov
'•
Nov
U 8 Gypsilm
1.800
/
•'
*
y*
/. io
Z *llVs
,
52 V*
/V: 40%
/40
>-■ 5% ;' 5%
•Z 7%
*195
40
40%
..
2,700
£6%
X
ll1/*
:
,
Jad
61
Fast
$4.50 preferred
/•• U S Freight Co
150
•
T95
*195
391/2
14%
*11%
14%
*168
13%
7%
47%
7% Z
>00
•■•;//. ;Z
68%
50
10%
"
7%
49
7%
Aug 20
»
1.500
34V*
,68%
37%
151/*
37
39%
169
" 7%
Z
21%
21%
*47
k
*50
•
117%
117
22 Vs
30
i,l
7%
13%'
7%
22 Vs.
29
■
,
Sep
'
22
198% //, Y■z:;z.7"->
33 3V
34
.10%
.11 y*
*64
S
■-/ 40%
5%
7%<
J:...
24
13Va" :/> 13%
United Merch & Mfrs Inc com
IV : .22
106%
5% preferred
i
i
—„100"
•'. 6%
United Paperboard_.————l—10
2,300
105
105
'
14%,
•11%
67%
117%
Car,————No par"
Feb
17%
93%
109%
8
17
United
26 /■.:/'/;■••Z
*190
68% ,68%
49%
49%
/
.: /
37
52
5%
.
preferred----—100
Nov
,
19
'
"
53
66%
*48
100% Jan
151
,
'
"7.500
;
'
5%
29Va
Z
25
/ 5
United
,
;z: ;
loey*
m
26
198%
:
34
10%
9%
36%
91/4
154%. 154 %
ZZ
34%
•
23
,29
27% Nov.20
22
109 V* Jan
>
117% Jan
V 116 z Jan
*•
20% Jao
:
5 '/■ 14% Jun 27
9% Jan
88% Jun 27
5
./v 66 •'••■^ Jan
8
10% May 26 AZ17% Nov
United Electric Coal Cos—-aa—5/
>'48 « Sep 18
33"% Jan 31
United Engineering & Fdy—i
5
6.700
24%
Dec
24
27 /
United
800
"•■•'
10
9%
•106
105
*191
69%
66%
77Vs
/-
/>•■
26
*104%
70 •/
5%
72%
ZZ' 25%
70
65%
v"
78 % Jaa
xllOV* Apr
/tlll%t July 11
Oct
15.500
112
..•••".'•'. £3%
106%
104%
,
34%
5V2
*86
-
34%
65%
*71 Va
V;
Nov
1.500
x38% ,40
10
*106
68%
40
168
Paper—„_No par.
Carb———No par '$5 pfd—No par /
Nov
;■ ■
4.500
"V
.:•
24%
*110
23%
198 % •:
103 y*
♦191
9%
26%
33%
51/4
168 :
■
23%
112
23%
106
X26%
27%
27
10%
24
106
107
107
.
10
23%.
10
24%
65 Vs
.;'••
;
i
20%
51% Nov 21
par
.
X
47
113
17
/
38%
*110
33%
*64
65%
40
38%
112
112
.
*
51%
391/4
39
381/*
39
102%
*11%
*501/4
17
47
/
24%
198 y2
14%
11 Vs
24
102
9
35%.
24%
*191
48%
•"/■
24 Va
47
Dec
106 Vt Jun
■;?
United
3,500
''//■/; 150
113
17 •••./:
25
9%
':Z'
26%
*67%
48%
9Vt
■
16%
5%
41% Nov
/
May 22
.
6,300
12%
80
114%
991/4
33
V4
12Va:
79%
47
198%
99'A
*191
32
12%
80
114
112
!
26%
26 Va
27%
12%
24%
107
26%
K
101
26%
Mar 21
34 Vs Mar 27
102
•
5.900
80
17
16%
46%
900
103.000
4%
49
;
13 Vs
46%
9%
24
107
198%
4%
48 Va
114%
112
/.
22%
26
26
101
*191
r
18%July *
Nov
>
4%
49%
80 V*
12%
112
United
*
27%
27 Vs
80 V*
27% Nov
X10% NoV
Cigar-Whelaif Stores
30c /(:.VV7%' July 20 ••: 12
Prior preferred
u.—
1—20/ ,^V22'V- July 26 V 25%
2 .// 5
United Corporation-No par :•// 1%; Jan
50%
2
"38% Jan
$3 preferred—
i
——No par
24AOO
25
NOV
68% Nov
/
2
13
•
•:> 9%
107
107
..."
•;
4%
48%
46%
112 ZZ
112
112
*110
*
*25
4%
49 %
11%
Oct
66
2
-.26%
.
Carbon Co—,No par
nmted-Oarr
"300
11%
25%
"
50 Vs Nov
.
conv
United
// 800
75%
18
Nov
-
900
32%
11%
25%
1V Va
114%
X-38%
par
61% Jun
23 •'•»
15/
,
Nov
9
:•
f
;
'
900
.
15 Vs Mar
/
104:, Sep 12 /• 112% NOV
preferred-100
1
NOV
: 57
3i Vs Jan 22
United Air Lines Inc
—10
185 :-;'• NOV
4%%prelerred
——100; /; 118 ••• Jan 22
37- NOV
;.22% Mar 22
United Biscuit
/laNo par
Jan
3% conv preferred---—a—100 v.r 109% May 25 /: 114 >%
•5%
115
*30%
115
38%
:
Dec
NOV
;-:;l0% Mar 22 / ;-i4% Nov
N
40
:& i8% Mar 28
3
109 ; Nov
101% Jan
United Aircraft Corp——
13.800
:
Nov
49%
V. Jan
103
1 :
Transit— _No
July
5
107% Nov •'
Jan
par
-No
50
6;
Jan
:18% Jan
Carbide &
Union Tank
10.400
34%
""'*74
33
114%
24'
38
38V4
L
'
13%
■
57
185
*112
75 Va
x32%
25%
4%
27%
46
112
34%
115
75%
11%
48%
81%
16% /17 /V'1
45 Va
22'A
75%
*25
80
115%
5'
/ 131
35
•112
33
4^8
12%
x
V;
33
49%
26%
=>■;
16%
'
45%
115
22
21
13
82%
.
54 Va
53%
180
V
33
V
11%
25%
26 Vs
.
16%
16%
46
25%
438
52%
'*173
34%
115
75
71-'
33
11%
49
53 %
176
*112
11%
4%
,Nd
5
15
•
32.500
600
23
32
112
110%
July
Co—.
nOB-cura
"
75
74
*30%
49»A
26
12%
16%
//
110 %
34%
115-
*112
:
X32
51%
25 »A
4Vs;
44 Va
•34%
*173
34%
115s
48%
:
41% /42 V*
12%-Jan
preferred
conv prior
900
110%
110 V*
112 Va
•;*■• 112
52
75%
;
-
33%
33%
112
34%
32
49
45V2
110%
Dec
6
Oct
62
8
Apr
r
;
pta__"—-—sa. ..No Par
prior
Sep
v
,/26
8,
paf;
Preferred $4.50 series—i__No; par
Union-Oil of California——:
—25"
Uuion Pacific RR Co.r—
-100 ■
2.200
1
Feb
Jah
Underwood Corp
11,600
110%
Oct
Dec
8%
17%
30
Mar 26
—No par
Corp——
Twin City Rapid
'
32%
112
115
49
*79
$4.50
300
106%
26
144%
146 Va
27.
Oct
2 /
34% Jan 22
100
preferred —
.
Ceri Fox Film Corp_., -No paf;
;$1.50 pt^ferred—
40
26%
26% "
175
*25
41/4
20th
11,000
51
»■
113Va
51%
IIV4
11%
*103
101
50
Ai.1
22
16% Jan
'4% %
40
v-
—.—.
Corp_^_———
Rayon
Jan
31
Union B1 Co of Mo
"l&TYi
*30%
nvs
z
Tubl^e
Union Bag «
43%
•-•'.•
33%
75%
75%.
*30 Va
7.800
Union
51
*112
*75%
4.100
Truax-Traer
1.400
168
50%
115
*112
preferred
Coach
110% U0% V
■
32%
33%
35
106 Va
106%
$6
5^
26%
113 Va
168
1661/4
x50
V
490
109%
39%
-r
«
Trl-Oontinental Corp———
,000
14%
,
20
Nov
29%
A14% Oct
;
2 /
4Vs Jan
:
—2/
inc
St'I—/. -No
Williams
39
38 V4
*108
Transue ft
400
112
xl 4%
:/•
50 Va •51%
_
-
Jun
Feb
.
104
,
No par
—_
Transcout'l & West Air
5.400
.
10%
112
41%
40%
/v
Transamerlca Corp
26%
Dec
14%
37 % July
•
com_— No par.
i-—.——100 •:
Co———.No par
Bearing—
Tlmken Roller
1.400
67
;
Axle————10 i".
Detroit
Tlmken
2nd
145
44
31%
51
50
166 V*
*33Va
1,130
3.000
'
109%
*111
112
107 Va
48
9%
V,
40
'
31%
112
7.200
1,400
*112
•:'■<
145
144
107%
16
Apr"
■Z13;/ Jan
3 / '18% Nov
66 Va Nov
45
July 17
112% NOV
106% Oct
2 c
preferred,..——Nr par.:
Associated Oil— —10
$3.75 preferred
^4-~i-No par jj
*113%
113 Va
145
*142
107%
i
22%
Nov.
Feb
32 %
.'17% Nov
53 V* July 24 *
10 Vs Aug 20 -
v. .i
#3.50 cum
98
114V4
26%
26 Va
22%
Jan
6%
4%
IV
60
'
6
.9% Mar 27
Tide Water
24
v
98
*112
22%
~ 72
.
96%
*113%
1.800
2
7
23% / 24V4
113 Va
26V4
;£•;
<22%
♦72
*112'A
'52% .•53 V*
52%/
Thompson-Starrett
4b
97
97
no
.
138
47
24
23%
;
11,800
8% Apr
•
x93% July 19
-25
Thompson Products
4% preferred
2,700
-/A
8V4
7%
13V
13 V*
143
22%
o
74
♦72
47
ill
111
8
50%
27'
NOV
25
44% Mar 29
v
——
(J Rl„
Thompson
400
18V2
59%
18
109
106 Vai
*105
106 Va
*138
/
49
47%
*22%
109
13%
13%
vA' 140
1,500
11%
58%
59 Va
65 Va
X26V4
.
.
14%
14'A
50%.
143
-59
.
'V 62
9%.-;
39
■
109
I
13%
11%
*18
112
48 Va
ZZ
112
-♦108
40
*108
*108
*138
'
11%
107%
26%;,
111%
'r\13%,-:-14;v5/
14; -:•
38%
36 Va
109 y*
*104
59 Z
59
:3o
44%" Sep'
20
10 % Nov
fi
14% Mar 3T
;
No pari
—No par
'6% preferred —w———100
Thermold Co common—--——1
$2 Va div conv preferred-—-50 U1
Third Avenue Transit Corp.-iVo par,
4.700
14%
—:
preferred—I—No par
conv
The Fair*—
2,600
103
13%
2
12% July
8
'.
60 V* Nov
.48% Jan : •2
6Va Jan
Oct
t,
10 % Mar
27/
'
$3.60
670
17%
♦101%
110
July 26
>■
Thatcher Mfg Co— *to> m
2.300
c
60-
■;
18 %
22%'
;;67
9%
9% ;
111%: 7
36
I
24%
23
m 60
16%
14%
103
52%
.
,7i8V4-';
is y8
26%
*108
I
'64
63%
1
*104
62 Va
18%
1
106%
48%
•
64
9%
111%
36%
63 Z
26% V
18
'/
9 Va
13%
13%
13%
^
62%
63
26%
1111/*
•
53%'
49
26%
i8 y8
9%
.
52V4
.//•
49
63
9
•IV-
55V4
48V4
63
;
Texas
"
■:•-
Jan
•
'
61%
63
«f: 3.900
Texas
'
22»A
17%
52%
7%
22%
*26
51 Va
*111
8 Vs
7
22 Vs
is
52
Jan
S 4%
xl8% Nov
2
.
2
51%
363/s. Jatn
No par i,
'y:18 Va Aug-21 ./•• 31%
Paciflo Coal St OU_i
^.^.-10
.13% Jan 22 •'••; 20%
Pacific Land Tru3t^.-W—-1
30% Jan 30 / 55%'
& Pacific Ry CO
—,,—100 i
Texas
58%
112%
:
54'/4
62%
9,400
18 Vt
60%
.60
*112
8 Vs
55 Va
26%
18%
'
54 Va
47%
17%
lTVa.
11%
7%
61%
I
I
60 Va
112 Va
59Va
112 Va
46%
62 y*
17%
*58
,11%
8 Vs
*26
15.300
13%
60
*58
IIV4
107 Va'
107 Va
\t
;Zv
22%
22 V*
3.400
29%
*101V*
7%
7%'
50%
£9%
16%
105 Va
Texas Gulf Sulphur——/
50 Vs
59%
:;•&■••■ 17% :vi7%v.
Va
18
rexas,
i; 7
11 •••' N0VT9
•
11% Jan
Ti-Rn?"5^. pfd-100/
Co (The)2
25 /;
Gulf Producing——;:
1^
Texas
29 Va r
23 V
141/4
55
7 Va
*52 Va
'
.V-
13 Va
*110%
•
•21,100
15%
.
103 1
♦lOlVi
; ;•■14
'
18 %
7.500
10%
11% Nov 30
16
/••..» 7% Janr/3
-
r?unessQC Gas &
.
103
•101V4
13%
58%
10 Va
59%
;//'-• 59% v59% /
' 15% ":15%
*101V*
101'A
107%
58 Vs
*22%
15%
•;
18%
.'231/4
23 %
/
59 Va
:
15
Z
107%
10V4
x51V*
.
23%
58
14%
*18
V 55%'
/./:■ 54%
58 V*
23%
58
15
5^0
58%
108
•
7% Jan
9
———
.—jv--5
Corp—
i.i'ssee
3.80J
17Va
f
17% ,M7%
*14%
*231/4
13%
23%
*57 Va
58%
18%
'
*14y2
23%
181/4
49% » 50%
29%: ■■
29
18 Vs
53
17%
51%
18'A
Inc (James)
telautograph Corp,_____—•;
28%
50% /50%
.
28%
-
2.600
10
;
10 Vs -:io%
.//■'
51
17 Va
,
ro%
-r«icou
1.900
; ic%
108
:/,59%.'V;: V"
58%
59 Va
10
11%
101/2
58%
108
108
59
50%
18% >
Vt
Z11%
10%-
V
-
11%
'
:
29%
28
28 Va
51%
.
*107% 108
10
50%
9%
50
50
xl8
108
58%
107%
108
59%
,
V-
11"'
18 Va1
11%
11 Vs
11
11
''
llVa'l
■
>
.
81%
170
Z;:|Z.,
;/;/ v
31%
31
,
31%
31%
32%
32%
19%
18%
19
*18%
18%
*18%
*471/2
48 »A
4T%
19
*64%
101%
191/4
67%
102
19%
*64%
*102
48
*47
20%
*64%
39
*38
7
6%
*69%'
70
69 Va
123v Z 123
75% '75%
*122
40
:
69%
76%
page5 2659."
;'•
6%
69%
*73
'80
3.100
19 V*
19%
19 V*
11%
19%
1.500
46%'
47
47
47
47
1.000
21%
22
25.500
■r 64%
103' •
103
22%
67
106
39
70
'
.*101
71%
.
39%
7 V*
;• 122 Va ,122%
•73"
102 V4
.40
6%
■■■.
21%
*64%
»v
103
♦101
69 y2
123
31%
*102
.
7%
123
31
*64'/a
106
*39
,r'
123
76%
For footri'ot'e? see
7
31
21%
67
*101
39
30
6%
31
46 Va
22 V*
102
31V*
18%
'
"47%
102
103
*100
*100
21
67
30%
80
7
•
71%
♦120%
*73
22
«
67
102%,
: ■-
•
*
*101
106
39%
39%
7%'
76
123
80
-
•'
7%"
76
*'120%
*73
64%
100
80
106
39%
900
7%
15.200
77
4.000
123
130
80
20
Am——No pari
Co,——-——^,--2.50
Van Raalte C6 Inc————-10
Vertlenteg-Camaguey Sugar Co_6%
Vlck Chemical Co———
.—-.—8
Vicka Shreve & Pac Ry——100
■6% non-cum preferred-,
|L100
Victor Chemical Works
—8
/Va-Oarollna y Chemical
..No par
6% dlv partic preferred
100:
Va El & Poto $5 pref——_100
Va Iron Coal & Coke 5 % pfd—100
21% Jari
Vanadium Corp of
Van
•
Norman
34% Nov 20
NOV 13
2 ;■
Jan
.32
13 Vs Apr
22
-50% Nov
" 6
; 22% NOV
71
48% May 22
.
86% Mar 26
90% Jan 20
24% Jan
,
8
57
Jan
22
103
/
101
-
Nov
9
28
'
.
Sep
Deo
Jan
51
Oct
Jan
85
Dec
Feb
85% July
21%
Jan
3%
Sep
25% Aug
1
'
50
113%
76% Nov 26
38%
Nov
Nov
63%
13
124
14%
52...
16
Oct
70
41%
9
26
7% NOV 29
77
Nov 30
Jan
12% May
Nov 30
tJun
23% July
Jan
9 V*
28
39%-Nov 29
•
3% Mar 27
59 Va Jan
9 *
118
Sep 14
,
17%
•
20
Mar 27
13
Bep
Juii
Feb
1
5% Mar
82% July
120
Aug
63
Nov
'i
.Volume 162
THL COMMERCIAL & FINANCIAL CHRONICLE
Number '4443
NEW YORK STOCK
LOW
,( /'
Saturday
Monday
Nov. 24
w
S per share
56
42 %
42'A
*161
165
:;P
*53
43
*53
-43'/a
42
•
.
,
S per share
55
*53
'•
*161
165
*161
165
•155 'X' 173 X/
•155
175
♦155
175 /•■
*155
78
78
*76
Nov. 8«
$ per share
$ per share
53
*42
43
42
165
*161
V 165
X 175
*155
NEW
the Week
"175
*155
•
Range Since January 1'
Lowest
Virginian Ry Co
6% preferred
Vulcan Detinnlng Co
53%
v '
Range for Previous
STOCK
Par
175
*161
*51
YORK
EXCHANGE
Shares
42
165
"
%'>'
"52
54
*161
Sales for
Friday
,,
Nov. 29
42% >43%
42 %
V
Thursday
,
Nov. 28
•/ % per share
55
%
STOCKS
Wednesday
Nov. 27
RECORD
BALK PRICKS
Tuesday
Nov. 26
(
t per share
*53
AND HIGH
2659
1.000
X
.(
$
Preferred
per
25
36% Jan
16
120
100
145
1
$
share
45% Jan
23
_,^.^_25
100
Year 1944
Lowest
Highest
share
per
v55
Nov
Highest
$ per
share
per
share
21
37
Jan
45
43% Nov 23
33
Apr
38% Nov
Dec
Mar
';
2
163 Ma Nov
19
102
Jan
125
Oct
Mar
5
169% Nov
19
149
Feb
155
July
Nov
19
:,
W
•78
78%
18
v
*39 Vi
♦110
76
17%
17%
il7%
7
40%
■
*39
39%
39%
(
V 112
77%
17%
78
*17-%
17%
*110
112
•110
•
.
—
112
*86%
87%
V*
86%
20%
*20%
20%
*20'/a
20%
13'/a
13%
13%
14
13%
13%
13%
14%
13%
13%
14%
14%
102%
102 y8
*110% '112%
87%
87%
86%
*20 %
86
86
.
'
77
*757-;. 77 ■
17% - 17%
•
39%:
ia
39%
39%*:
*1.10%
:' - *8G
77
•-;:'
:/>'■
••• /■No'A
>*: X'Xia
28
X
t
29
47
X; 103
103
29%
47
47
47
*19%
197/a
19%
*31
31%
•| *31
*26 Va
26%;
:/'■'• 27';
42 //
41%
14'/a
'
"X,
112%
110%
X
llOVa
92J/a
' I;. 20%.
20'A
14 XX,
(Px 13%
14'A
•
X
27%
29 Va
31%
27%
27%
' 43
31%
;;::.xx27%..
:
*42%
42%
14% .14%
(37%
42%
Pvi4%
14%
"-14%:;V15%'
14%
36%
37 %
X
37
37%
*88
89%,
37%
89%
v
33%
33%
*88 ,*
34%
89%
112
110
111
111
36%
1111
*115%
117
115%
115%
115%
88%
116
37
111
Ill
117 X
*115%
*109
109%
108
109'A
*108%
109%
*117%
117%
117%
117 %
.117
i
117 %
*35'/a
35'A
109%
i
'■117%
357/8
35
109
Co new
Warren
Petroleum
<
:
Washington Gas Lt
Waukesha Motor Co
Co
No
X
88
111
111
I
116%
I
109%
117%
117%
35%
34%'
117%
'
:/
110
•
7%
190
»
West Penn
*115
X:
35%
35%
116%
*115
33% ,33%
*33
*115
34%
♦115
120
10%
r
2.400
26%
49
34%
34%
35%
34%
35 XX
35
35%
2.800
Western
Air
56%
56%
55%
56
55%
57%
2,400
Western
10%
10%
10%
10%
lO'/a
10%
6,700
27%V
27%
26%
27%
*25%
27i/a
27
27
50%
90
*30%
"
-32%
33%
32%
33%
32%
35%
35%
35%
35%
42%
43%
42%
43%
42'/a
43
38%
38%
103 %
103%
103%
74
*70
74
*70
74
*105
107
*105
107
44
38
99%
99%
99%
28'/a
28 '/a
36
36%.
44.
43%
100
36%
*27'A
38
•14%
14%
100% 101
38'A
14%
15%
90
;
15'A
15400
Westinghouse Air Brake
29.800
1.280
Westinghouse Electric" Corp
X Preferred
14%
15
90
90
90
90
90
*83
34%
*34%
35
34%
34%
*34%
*9%
10 %
X:-:;X.io
10%
*10
10%
10'/a
10%
20
19%
XX
101%
19%
19%
21
IP 20 /
18%
20%
19
18%
19%
*137
*137
19
*101 %
,
20%
20%
137" '
48%
36
36
36
49'A
48%
48%
36
*138
137
65
66
*64
98
*95
-
98
65%
21
98
66
66'A
X66 %
88
*94
*95
;
5%%
conv
12
891/2 Nov
2
85 V3
Dec
28
Dec
77
Jan
28
18%
Feb
16
83
Jan
102%
Deo
26
118% Oct
15
96%
Feb
113
Dec
8
110% Nov
13
85%
103
118
Apr
16
36% Nov
7
Apr
113% Apr
16% Jan
28
July
113
103
110
Deo
10%
ii
20%
21%
16%'
19Va
v
Willys-Overland
20%
36
400
50
50%
49%
66%
66 %
98%
oo
x,r,
•
98
*95
37Va
29%
Dec
65 /
27
16V4 July
31% Dec
Deo
66%
*96
9880
•;
.
X
X 101
100
98
98
96%
100
79%
*96%
101
101
102
80
80
'
■J:
19%
19%
19%
19%
19%
45 IA
45
46
45%:
22%
22%
22%
23
23
27
27%
27%
28
28%
103%
102
,
P
*96% 100/
X95
15
41
Feb
53% July
35
Oct
15
22%
Jan
Oct
22
21
Apr
31% July
31% Dec
44% Nov
22
8% Jan
32
July
78
77
July
19
59%
Feb
15
97 %
Jan
20
20%
Feb
32%
Oct
15
661/4
Jan
92 %
28% Nov
19
18
Feb
22
43% Nov 30
20
Feb
29% July
97/a JUly
.
w
23
6% Mar 26
16% Mar 26
5
16% July 13
94
Jun
15
35
Oct
17
11
Nov
30
26V4 Jun
25
19% Nov
19
104% Aug
Jan
x64%
Jan
87%
Oct
31'A
Dec
Jan
9%
6
Feb
8
Jan
Apr
20 % July
2
IO31/2 July 12
80'A
Jan
10
131/2 Jan
2
211/2 Nov 21
10%
Jan
11% July
99»/4 Nov
141/4 July
30
137
Nov
27
Sep
125
Sep
10
22% Jan 30
37
Nov
7
19%
Apr
24
July
,-10
40% Jan 24
50% Nov
16
36%
Jan
44%
20%
Jan
41% Nov
47%
Jan
82% Nov
pfd—100
Co
38
Jan
15
70
Nov
Jan
-3
100
Nov
1
80
Jan
5
100% Nov
13
75
Jan
24
110
Nov
19
9
84
Oct
123
5
79
No par
100
Prior pfd 4%% Conv series—100
Wright Aeronautloal
No par
15
*3G%
100
93%
95
410
80
1.000
Wrtarlev
20%
20%
20%
20%
3.900
Wyandotte Worsted Co
-3
46
46
——28
1
No par
No par
No par
32% Jan 24
34% July 26
80
'
100
'
20%
(X 20%
'Wml
No
'Del)
.Tr
46%
*46
47
1.300
Tale At Towne Mfg. Co
23%
23%
23%
23
22%
22%
6.800
York Corp
28%
28%
28%
28%
28%
28%
3,100
61%
.62'':/:
8,800
25
24%
25%
4.40C
Young Spring & Wire
Youngstown Sheet & Tube
Youngstown Steel Door
46%
*46
..
61%
61 %
62
62
62%
61
62
24%
24%
24%
25
25
25%
25%
25%
X24%
37%
38
37%
38%
38%
38%
38%
40
40
41%
401/2
40%
6.800
Zenith Radio Corp—
12
11%
12
12%
12 %
12%
12%
12
12%
12 Vi
12 Vi
14,200
Zonlte Products Corp.
'
;
and
asked prices;
no
sales
this day.
on
tin receivership,
•
61Va
Deferred delivery,
a
n New Stock
r
Cash sale.
•
of
United States
and Miscel.
Week Ended, Nov. 30, t94S
Shares'
Bonds
Bond
Bonds
$3,497,400
i-7,029,000
•
-
Sales
$7,000
Bonds
MondayTuesday
740,150' • $3,306,400
1,532,690 X 6,697,000
1,834,230
——-
Friday
7i691,800
1,816,790
;—
TotaL
X
7,347,000
1,804,211
1,-751,160
——-
Wednesday
Thursday——
$184,000-
9,479,231:
328,000
'*2,000
26,000
9,479,231
X
600.00Q
X 8,000
27% Mar
26
36% July
24% Oct
9
9%
Apr
29% Nov
10
14%
Jan
22
661/4 Oct
17
33%
Apr
42% July
Mar 26
27% Sep
19
13
Jan
20%
Feb
15
33% Jan
12% Nov
19
3% Jan
2
42
15% July
207/a July
Deo
44% July
6% July
y Ex-rights.
x-Ex-dlvldends.
5,034,400
X
.' Jan; t to Nov. 3#
1946
2944-
343,m,844
"»
I
Value)
Foreign
Foreign
Government
Corporate
at
V
Shares)
Saturday-
Domestic
500,430
.
Monday
$140,000
$6,000
880,765
Total
("I
$146,000
440.000
30,000v
1,064,615
410,000
413', 000
"142,000
555,000
1,146,445 V
537,000'
79,000
,616,000
Thursday—
Friday:
•(?
1,031,855
590,000'
54,000 :
*
—
696,000
5,821,120 ;(
■——
644,000
■
109,000'
805,000
$2,786,000
$420,000
$3,206,000
1,197,010
-
/ Total-.
X.
Week Ended Nov. 30
t
:
233,73d,848
•;
Bonds (Par
^
Wednesday
$41,730,300
•
Stocks
-
(Number
t
Tuesday
8,041,800
$47,000
Bonds
Stocks—No. of shares
Jan. 1 to Nov. 30
'"194Bir..: 1944'':
'194#".
125,370;069
1,644,075
5,821,120
1$45
■■
63,379,763
'
;X
C. S. Government-
-
Foreign^
•
.
8,252,800
6,900,300
/ $2,795,000
X-
Deo
13
5% Jan
Vfeek Ended Nov. 30,1945
8,009,000
559,000
462,000
( .Weefc Rhdedt Nov:
1945
(X->(;( 1944 -p
Stocks—No. of shares-
4,000:
662,000
/
6,412,300
7,433,800
$38,888,300
*
;
..
*
'
Saturday
14
17
20
Total
Government
Foreign
■
Dec
391% Jan
•
Railroad
Stocks,
Deo
Nov
Daily, Weekly and Yearly
Daily, Weekly and Yearly
-
Nov
91%
74%
13
20% NOV 28
47 % Sep
84
Jun
Apr
13% Jan
wd When distributed.
Special sales,
22
Jan
69%
68
v
Transactions af the New York Curb Exchange
Transactions al the New York Stock Exchange
Number
Jan
49
Oct
19% Jan
-1
(
•Bid
(II
X 13
.No par
11%
61
s/:X
69% Mar
par
X22%
x23V4
60%
-
Dec
4%
15
Jan
Dec
July
Jan
24
lOV'a; Jan
128
Dec
Feb
Nov
103
3
Jan
36 Va
Jan
47
83% Jan 15
30
Dec
107V2 Jan
9
26% Jan
29%
25%
104
87% Jan 24
21% Jan
21
38% Nov 30
Nov 21
19
80
95
"80
20%
80
80
'
*44%
■
('
100
J *97
"
'
79%
Dec
Oct
"
•78
Dec
61/4 July
Jan
97% Jan
Worthlngton P & M (Del)
Prior pfd 4%% series
1,000-
Jan
1
;
Woolworth (P W)
Sep
7'/a
No par
Woodward Iron Co
11.000
26% Apr
3% Jan
•••':
No par
-
Wisconsin El Pow Co 6%
20
*34
64
par :
Motors
$6 preferred
Wilson-Jones Co
900
Jun
Feb
56
101%. Aug 21
31% Jan 24
20
Wilson & Co Inc
600
92
31
5
17.000
18
Dec
118%
5
/ 57 % July 10
3
Oct
—1
No
Co
14.800
X
101%, 101%
*20%
Oil
18
37% Jun
2
27% Feb
100
preferred
Wilcox
6.300
•
•
16
14% Jun
641/4 Jan
2
43% Aug 21
26% Jan
6
1
preferred
conv
Prior
*
,
July 13
35% Nov
58% Nov
,
13
47/a Jan 22
13% Feb
2
20
White Sewing Mach Corp
X-. $4
20Q
10
100
No par
No par *
White Motor Co—
90
35
Jan
37
36
,—
4,600
90
*34%
:
Dec
37% May 17
50% May 17
100
preferred
15%
15
-
3.600
*137 IA
49%
X
Jun
27% July 18
Wheeling & Lake Erie fty
~20
•>
10.500
36
49%
25%
30% Jan
•
No par '
43%
20 Va
*34
49'A
•'
65%
36
10% July
Jan
17% Mar 27
No Par
42%
*137»A
—
*34%
>
50
487/a
66
*95
36
:
Jan
22%
31% Aug
7
37% May 12
30% July 26
White Dental Mfg (The S S)
'
*34
6%
38% Nov 21
32% Jan
—12.50
200
19
19%-''
101% 101%
;v'x *20>x
Instrument
850
io%'k
20%
19'A
101%
20 X
19%
r
187/a
101%
101%
74 ;X,
45%
*88
10
20%
20%
21%
18%
101
101
Elec
$3.75 preferred
28
35 v>-
19%
340
101
90
34%
101%
10
2
Nov
X
12%
Westvaco Chlorine Prod
500
27%
41% /
15
14%
16 X Nov
Jan
—50
Wheeling Steel Corp
$5 conv prior pref
X
90
90
May 10
No par
NHX44%
fe>v 100%
34%
14%
Weston
X 3.500
38%
105
105
>
ioi
40%,
*104
X*70
74
.44
28
43
104%
.38%
107
101
43
,
.
>'■
•
Aug
Dec
30
106
No par
43%
*34%
;
32
35 %
■
*26%;
39'A
38%
39%
Class B__
33%
43%
28
.
31%
7
Nov
45
113% Sep
7
22% Mar 21
Western Union Teleg class A-No par
43%
103%
*70
22%
Jan
20
28% Nov
3
101X Jan
Western Pacific RR Co com__No par
Preferred series A
100
35
.
38%
*105
101
101
28
'X.
45
25
Apr
31 Vi Nov
2
Mar 26
113 V* Nov
1
1,400
5,900
32%.
-
43
■
103%
107
44%
!
Inc
12,800
•
88%
52%-
*30%
Lines,
35%
*38
74
,■
*105
*27 Ye
28%
*28
,
f
*70
■;
.
X
:v43
-
33%
■
43%
Apr
151/4
23
July
109% Jan
100
437/«
33
.
103%
88 Va
51
••
321/4
/.:/135/X
38:
103%
45
43%"
33%
T: 43 % V 44 W
43%
38%
103
107
♦70.
88%
51%
*30%
,
35%
43%
42
600
55%
54'A
54%
88%
50%.
,
32%
;
32%
*38
.v
103%
•105;
43%
/ *31-.:
34%
■/(
42
38
52%
43
327/a
34%
A3 Ye
38
(32 /(
*31
89
52%
(
J
51
22 Ye
15
36% Dec
8
.
Supply Co
10
Maryland Ry
100
4% non-cum 2nd preferred—100
"
52%
32
52
87%
89%
51%
41%
n
51 %
51%
89%
Apr
Feb
17
27% Sep 22
23% Mar 26
Western
50%
22%
NOV
10% Jun
84% Apr
Auto
11
50
11%
49
Nov
7
100% Jan
Corp
1
class A—No par
preferred—
56%
"
51%
103%
6 %.
X
120
56
89%
.
*115
10%
27%
51*
34%
:v X:
,
34%
90
43
120
.
10%
50%
32%
*115
„
Nov
Nov
16
'
32% NOV 30
9
Pulp & Pap Co__—No par
55 %
90
*30
120
;
West Va
10%
50
;
V-
36
27%
55
10
49
118
35%
35%
68
X2Q
103% NOV 27
24
—————100
.— 100
Power 4%% pfd
100'
54 -
54%
•25%
35%
108% Nov
Feb
9
30% Jan
•
-
15
NOV
17% Jan
7 Ye Jan
48
2
20
^~1
preferred
preferred
0%
140
i
Indies Sugar
X105
24
Mar 26
Inc__
Tobacco
West Penn Electric
220
\
v
West
17.500'
?
*109
-
100
\
-
*115%
109%
Webster
Dec
2
24% Jan
par
*—-—3
Wesson OH & Snowdrift——No par r
X $4 conv preferred
No par
2,600
Dec
31 y4
20% Feb
14% Nov
29% Apr
9
14% Aug 21
5
Wayne Pump Co__——
1,100
Dec
14 Ye
Apr
110% Sep 28
92% Nov
7
(Sep 15
13
No par'
Corp,.
68
Jan
8% Oct
5
Fdy & Pipe
Warren
Jan
10%
28 %
91% Oct
—,.100'
Pictures
40
14
17
Oct
8% Jan
r__l
preferred
400
I
36%
35%
-
X
117-
109%/
117%
*117
Baking
Bros
I .-'■• 4.700
38
88/ r
35%113
X
116%
No par
1,700
14%
,
X
37
88%
*88
♦111
Walworttv Co
Warner
I
45
14%,; ./■■/X 14%
IWhW, vXX-
X34%
.
19
-
41
Aug,21
61% Mar 27
'
43
•
78
,'18% Nov
105
■;/ ' 5 Wk
27%
17
10
30% Jan 24
100
fx
2,700
y'W 40O
31%
*31%
Sep
13% Jan
par
No par
preferred™.-
.390'
TV
X:
64
100
No
(Hiram) G & W^mNo par
Dly redeem preferred
No par
100^90^
20%
27 %v NX 27%
43
42'A
37%
36%
*88
36
34%
■
•110
-
48
4 %
-
Ward
10,500
f
32%
A/
48 J
20%.:: .XX- 20%
r
7.100
t
preferred
Walker
?200
103%
49
r,
•"
3.100"
14%
14'/a
103
XxX-29%:
20%
49
31%
'
*42
V:..'.
103 Mi'
.
31%
14%
103%
( 29%:
20%
31%
27
X 14V#
-
.
X
X;/
48%
•20
20x
:
29%
*47
•47%
31%
.
•
RR 4%%
System
Walgreen Cdu
30
S
89
i-
87
13%-
X
103%
103
29%
19%
27
14%
Waldorf
1.000 •"
20%'
*20%
r --
14
14%
30
*47
20%
13%
,
103'/a
29%
31%
*42
14%
37%
,*88
33%
103
.
29%
;
20%
Wabash
2.200«
40%
1
*20%
;X-.XX 400 'X
?
./•
18%
X
$47,000$143,000>
2,795,000
Railroad At Industrial.
2,146,000
.$7,363,750//
./
96,796,160
; $5,525,800
X $64,217,800 $2,120,554^1Q,$2,427,879,900
'
'
.
Bonds
;
$2,786,000
r_J_
Foreign' government—
^;r61,928I80a ^016,3a4,50Q/.2,335,437400
$41,730,300
TotaL
( X'
Domestic
X:,. 95,917,000
38,888,300
420,000
V
Foreign corporate
Total.—
.
>
t
$3,206,000'
$3,202,000 $123,346,000 $156,830,500
102,006
32,411,000
9,312,000
3.000
1,031,000 X 1,199,000
"" V
( $3,307,000 $156,788,000 $167,341,500
,': Vt
;'PPB
New York
Stock And Dond Averages
x(:xz •■'
-Stocks30
Indus
Date—
November 24-
trial*
186.41/
20
Rail
ii
do
Total
OtlB-
66
road>
tie*
Stocks
62.65
37.68
70.49
:
Indua-
?trlal»
y
106.02
X Second
Grade
Grade
Ralls ~
.115.42
10
Brooklyn Trust
Utlll-
Chase
40
Raih
.ties
108.60
107.34
108.64
National
Bank^s—.-;
Commercial
188.16
63.72
38.08'
71.31
106.07
115.41
99.76
190.45
64.26
38.41
72.08
106.07
115.3#
99.76--. 108.59
(
Trust
Co
107.47
Continental
107.44
Corn
Bank
189.99
63.43
38.39
99;55
108.61
107.39
&
Trust
Empire Trust
189.58
63.19
38.51
71.57
106.13
115.40
99.37
108.45
107; 44
Fiduciary Trust
November 301
191.46
63.90
38,7T
72.28,
106.10
115.64
99.82
108,74
107,57
»tr«r
115.36
51
'f
20%
10
5C
—
*
62%
373
1,860
46
54
(
22%
National City Bank-..-.12%
New York Trust—-25
64%.
Public Nat'l Bank &
Trust__17%
52%
116
40
2,090
Manufactures Trust Co
61
63
100
310
316
109%
113%
541/4
50%
82
Kv-'-i
•
:'x,.;; •
'
;;;;.X'X((i.'.
,L
X
'/'(■(■
86
Sterling National—-————°^%
21%
Title Guarantee 8c Trust
12
1,765
United States Trust..,.lor 1,705
'
:. x.x =:x
21%
49
com__20
(J P) 3c Co Jnc
#• .
..x.x
382
1,900
—.—-
'."XX
(:"X,'/V
20%
;
225
—
(
111
100 2,030
325
;/
;
38
National Bank
Grace National
Morgan
Exchange Bank & Truat_20
November 29_
106.03
•
_—20 X 51
200
Guaranty Trust
Irving Trust
Kings County Trust
Ask
210
.100
Trust.
Lawyers Trust
National Bank 3c
—
Fulton
47%
53
X
"
.
November 27-
71.71
.
.15
10
/477
134
Bid
Par
lit
35%
50% ( X 52%
139%
117
"
121
»■
100
Chemloal Bank & Trust
Bonds
99.31
465
Central Hanover Bank 3s Trust 20
Total
10
Bid
33% I
X
r
100
Bankers Trust
November 26-
November 28_
Bank of New York.
10
First
of the Manhattan Co.. ..10
Bank
-Bonds—
10
City Banks & Trust Cos.
Par
p -Below are the daily closing averages of representative stocks and bondi
listed on the New York Stock Exchange as compiled by Dow, Jones & Co.
pf
*
*:
■*
->i
•
»
.
*
VT
-r
•
■
FINANCIAL CHRONICLE
THE COMMERCIAL &
2660
Bond Record c«» New
NOT,cEPrc..
W6c», a g
•
na"°
Th. Italic letter. In
ItM
the eolumn headed
:
BONDS
;
1947-
3%s.
J-D
1946
Treasury
—-1951.
Treasury
3s
Treasury
2%s_
Treasury
2%s
Treasury
2% 8.
Treasury
2%S.
_1951 1954
_1956 1959
—..1958 1963
I960. 1969
—
J-D \y'."
-j-D-h
1953
._1955- 1960
_-1948 1951
2%s
MS
:
Treasury
J-D
::
M-S
■"
'
2%s__
Treasury
2 Vis—
Treasury
2Vis__
M-S
.T
' ;
J-D
Treasury
June 1964■1969
Dec. 1964
Treasury
2 Vis
Treasury
2 Vis
—
Treasury ?%s
—
--
——-1965' ■1970
—1966- 1971
-June 1967- 1972
Sept 1967 ■1972
—1951 ■1953
1952 ■1953
-—1954 ■1956
■1959
1956
—1959. 1962
Treasury 2 Vis
Treasury 2 Vis
Treasury
2 ViS-
Treasury
2 Vis
Treasury
2 Vis
—
Treasury 2 ViS-—
Treasury
J-D
-
J-D v.;
.1947
1948 •1950
Dec 1948 ■1950
■1951
2s—a——
-Jun 1949
•1951
2s——..
-—Sep 1949
•1951
2s_.
.—Dec 1949
■1952
2s_
-—March 1950
2b
Sept 1950 ■1952
2s
—
-1951 ■1953
2S—-—
—1951- •1959
2s
June 15 1952- 1954
2s
Dec 15 1952- 1954
2s
1953- 1959
l%s
June 15 1949
Treasury
Treasury
Treasury
Treasury
Treasury
*
__
"
Treasury
Treasury
Treasury
M-S
Treasury
v
,
J-D
,r.
M-S
__
M-S
:„
*
J-D
;
J-D
,
*'
100.20
106.30
106.29
105.9 i '
—
100.27
105.1-
100.22
100.15
102.26
J-D
103
102.20
103.4
103.6
101.29
111.1
104
103.30
100.13
106.12
101.9
J-D ■■!.
.1980
K
*101.16
100.26
J-J
'
:
104
J-J
15
1953
1958
J-J
1954
J-J
1942
194a
a
Foreign Securities
120
REctor 2-23C0
Govt.
Foreign
A
-v".X..5i
ty
Broadway, New York1
AGtd
sink
1948
A-O
1968
M-S
fund 6s
(King of Norway)
Akershus
4s
76
76%
76
*
'.'.v
A
s
1945
NY
s
f 7s
1st
series—
r
v.
a-o
AExternal sec s f 7s 2d series— 1957
a External sec s f 7s 3rd series. .1957
y
76%
61.
62% '/76:;'
■
4
97-
79
J-J
22%
M-S
1001
M-S
1902
A-O
1993
A-O
8
f extl conv
External
5s
External g
1927
of
4Vis of 1828
1956
;
External
s
6Vis.
•
1955
f'rStamped pursuant to Plan A
<
...
>.'1 (Int reduced to 3.5% )
...1978
AExternal s f bVis of 1920^
...1957
:-t
■
'■■.i
:
1007/«
(Int reduced to 3.375%)
(.AExternal
s
A-O
37%
30
(Central
Ry)
'
*
'*
6% funding bends of 1931
Stamped pursuant to Plan A
(int reduced to 3.375%)
100%
v37
5
73
99%
85
:
Series
No.
103% 104
Series
No.
ki-s
j-j
"107
I
1901
No.
~
-M5
ye- .,
No.
71
No.
ir-D
71
■
95%
"
Series
No.
No.
A-O
■
No.
4
64
65%
7°
r
Series
No.
11
Series
'
No.
3%s Series No.
,
<.
3%s
r?or
Series
No.
110'/a
Rica
23%
29
17%
1927
69%
6
71
20%
:
21%
"3
21
A-O
'22
22
22
?
M-N
21%
21%
M-S
M-S
J-D
21%
1
Y»
52
61 % •"
4
—:
72
68
66
52
Si
5s.
21
%
22
:
17 V4
22%
17%
22%
20 Vi
3
16%
22%
a
26
39%
81
1
:r 81
; ;
•
23
21
30
;
:-r 22
17%
68%
20%
30
■
:
8
;
.:/y.
si
;
69
v> 58%: 59 f;.;:
58%
50
-
•
50
*50
'
17;
64%
4
73%
64%
■.64%
J-D
1952
*73
*73
15
52
68%
-
•
50
50»
wks
iS.
91%
92%
89
90
72%
41
32%
91%
33%
31
M-N
89%
M-JV
33
M-S
*102%:-
F-A
*108%
I —1977
debt
94
;
108
__
•: 111% 112
'
series
8s
52
60
A-O
99
99
4
,■,72
1952
A-O
98%
98%
1
74
20-year extl 6s
5VaS
—1942
gold
J-J
1955
A-O
T'
98%-
;
F-A
—1962
99
101%
"
97%
101
98%
63%
;
J-
.
r
3
4
115
"
99
■
36
so
•: 101%
21
77
97%
Rep Cust Ad 5%s_. -1942
M-S
*101%
A-O
*101%
-1940
A-O
*101%
Admin 5Vis 2d series.. -1961
M-S
101% 101%
1920—. -1940
fund
5 Vis.
■■•
—
'
100 ye
>'
__
I
1-y
series.
-1969
A-O
*101% 102%s
-1969
A-O
*101%
(Republic of)
7s
-1967
;
J-J
-1949
J-D '
65
"
44% ,60
*111
101
Government—
101 Vi
102
1
•
„
""*501/4
M-S
-1949
unstamped.
101%
100%
100
>
series—
1st
2d
1011/4
101%
—
106%
'"101/
.,1
■
112
101
101
.
part
nart
—1904
paid.
paid
1
:
•.
A4%s
iState
Mtge Bk)
(Colombia)
7s_
stamped
AAssented
to
1960
-
,
*
100
18
100
34
a-o
M-JV
l«i57
:'1
a-o
95
-> y -
.■
.,
•
•:
■'
—
■
.'
*102%
16'/a
..
j-d
.1954
■■
■
100 Vb
15%
16
■
..
31%
*96
j-d
14%
7
95
96 ■,-.:
1 >:'■
!
;i
I
1
4
16%
82%
'
:
3
12>/a
.1943
assented
5.
1942,
,
.M-JV
agree
.'y.
--
*12%
*10%
:
:
-34%
94
A 100%
,
14%
12%
12%
10%
>
m
For Financial Institutions
,
FOREIGN
11%
;„4. .4;
SECURITIES
r/ja. mabhs 4 r.o-
1
^
50 Broad St., New York 4, N. Y.
76
51%
66%
62%
63
11
51%
66
62%
63
6
51%
68
Telephone HAnover 2-0050
\
■
: ;
Teletype N. Y. 1-971
.i
27
30
98
;
95
FOREIGN SECURITIES SPECIAUSTS
68%
-
103
4
,32
.
23%
100 Va
ur '-:
1
,r
25
102
1
*
Nov.
a-o,.',;
.1954
6Vis
(Prov) 4s readjusted—.
Irrigation—
17
42
.1952
•960
Free State extl s f 5s
AMedellln
17'/8
—1938
:
"f }
75%
52%
.
,
ii5y,!{
'81%-
42
-J
ieoy8
97'%
75%
52
2
-
101%
.
97
97
154
•
72
52%
'
*
■
115
161
1
'
75%
51%
"T
63%
68%
53
4
,
——
62%
67%
52
■
«.
80
'
112%
112
*160
—
I'
/
110 yvV;
110
*107
J-D
ser A-1951
B
,
41%
105%
J-J
—1945
(Rep of) 8s
90
.*
31%
68%
5
w
70
-
y4
—
—1953
5%s
fund
J-D
25.,
68
52
''
69%
*62%
62 Vi
i
50
FIRM TRADING MARKETS
52
6
64
—
y
5.
>
*73
62 Vi
59%
42
;W*'
*50
1953
7s__
series 5V28 of
5V28
Mexican
{
68
64%
69%
j
48%
».
1 A.
52
64%
*73
t
,
41%
i
■
s
'
69%
" 1
64%
64
*63'/a
:f
4iya
V 1
'
f
61%
64%
'
: :
tNy'
—1951
series sink
Meridoza
.C
•
■
61%
i
1
22% •; i
.
1738
:
20%
:x
66 J
54
'
j
71%
59%
6
8
'
A-O
19
21 y4
is
;
:
23%
17%
32
M-N
|
24%
17%
18
5s of 1914— —1949
4Vis
1
—1949
loan
AJugoslavla
71%
57%
62
71
*63
J-D
i
18
-
s
1901
bonds
of)
(Rep
external
SV-is
Irish
I-'
•
73%
"
71
71
13
fnofnotes-see page 2664.
24%
1900
(Republic) s f 6s series A_
Helslngfors (City) ext 6V28-.—
103%
57%
8
61%
c
12
14____>
24'/»
1902
Haiti
"A
53
3
rc.J i%;
61%
•
A-O
-J-D
10
3%s
.23%
17%
A-O
(Republic of)
A 6s
:. *y.-.
107
59%
69%
62
'
9
Series
20%
F-A
A 7s
103 i.-i.
100%
>12
■
•
8
Series
3%s
,18%
1961
1947
Greek
\
105 V*
100 %8
x
1
72
69
A-O
7_.
?34s
1
4
*20
M-JV
7s
107%
~
6
Series
24% "
•
*109%
J-D
5
No.
*V';s
'
Series
Series
17%
1902
1940
AEstonia
99%
99 s/8
100
105 y8
' 107
103% 103%
J-D
4
Series
3%s
3%s
J-D
French Republic 7s Btamped
; •
-i
"
" "
'■
f
3
3 %s
J-D
ASinking fund 7s of 1926-
'
i'
102
100 -
90 V'8
/
29
i-
"
101 Vi 102
101%
2__
3 3i8
24
p
22%
21%
A-O
Customs
"
103
95
•
38
106 % 107
Eitornal $ bonds of 1944 (PlanB)—
J Vis Series No. 1
j■'as
24
*20
A-O
? A 2d
'T>;
90
y
' "
•
107
A-O
1979
? 22%
—1961
"
25
18y2
23%
M-N
■
17%,
>
23%
J-D
"
1978
,
12
'
18%
237/b
21%
21%
J-D
1947
'
86% 115
17
•
102
98%
98%
,
M-N
1952
stamped pursuant to Plan A
(Int reduced to 3.5%)
;
25%
24 %
.i'i 1
'
—1957
1970
SAlst
:
.
1979
(int reduced to 3.375% )__^_1979
18%
1.
;.
23%
—1963
Mtge Bank 0%*
lADominlcan
J,
33%
.
Stamped pursuant to Plan A
A7s
n
24% 11
*19%
External gold 4V/aS
1 4,
33 y«
98% 100
102
~
98%
MS':
1957
f bvis of 1927
24 %
17%:
;
;
22%
■
100% 101
102
Stamped pursuant to Plan A
i
'
1941
external 8s
18 %:
:
J-J
ASlnklna
33
30
17
115
109%
115
y.J-J
1955-
f 6s.
External s f 7s_
lABrazil (U S of)
;
24
37%
i
1
31%'.
f-A :
1949
-
25
1
1960
ACzechoslovakia
.'.i-
.
30
-
*».>
Belgium external
.
: 22%: 22%
22%
A-O
■X.:.':
1972
5s of '25. 1955
1957
34
3
14
31%
J-D
1972
loan 4s Feb
loan 4s Apr
<Commonw'lth)
Australia
;
loan 4Vis.
conv
p
21%
17%
6*v'-
'v
"•22'/a 1 22%
M-N
—1903
1961
Extern.) 1
38
32
A-O
M-jV
conv
17%
i
2
1
.'f
;.••••
.
;.M-N
f
f extl
;
47:
23%
1901
1901
A Public
-
38
—
37%
'
31
.1971
S
31
35
35
•>/>
31
Argentine (National Government)1948
S f external 4Vis
fi
3
4
A-O
(City) external 5s_____. 1958
A Antwerp
37
t
''4'
37
*36%
i\
..;
70
18%
51
.
; ■
1961
t t
105%
*
55
23%
:
1957
(City)
25-year gold 4%s
1-1693
10
37
36%
j-j
21%
21%
Sep
Coptnhaven
1
97
36%
y
j-j
.1945
f 7s series D
External
A
36%
.1957
External s f 7s series C
A External
37
j -j
23%
1961
Oct
s
^
!.•
Teletype
2
76
97
Sr-j v
1945
f 7s series B—
s
23%
Sep
—Jan
I a Denmark
A External
22%
S 23%
22%
1928
■
.1945
(Dept) coll 7s A
AAntloquia
36
18%
22%'
1927
A Costa
76
y
105% ' 1
103
x;y
65
.;
22%
of
4Vfes
F-A
103
1
J-J
Sinking fund 5VaS
(Colombia)—
1947
"7.
'
103
103
i
■
Municipal
Mtg6 Bank
sink fund 6s
102% i;
196J
(Hukuang Ryi 5sl~_
(Republic of)—
External
AGtd
1061/4
Jan
assented
Cuba
Agricultural
110%
101%
—Ijan
ASinking fund 7s of
Members New York Stock Exchange
Telephone
79
/ ;
111%:.;
:
102%
23%
sinking fund 6s
external
:
109%
106 Vi
21%
of
3s
WERTHEIM & Go.
83; .'7.97%
39',
15
21%
Cons Munic 7s
AColomhia
:
■
:
10
*39
A-O
A 0s
p
25:
'
103^ 103 fa '
>
A-O
A 6s
7
95
'
22%
assented
Chinese
80%
...
110 V4
'
assented
Colombia
94% t»
104^;":
'
AGuaranteed sink fund 6s
A 6s assented
a 7s
94 Vb
*ioiy« 101%
F-A
A Guaranteed sink fund 08
r
yf
95
80%
63
F-A
assented:.
A Chilean
,V
M-JV
1990
sinking fund 6s
A 6s
v
95
80'
1961-
fund 6%s
A6%p assented-
-
j
V3
111%
Feb" 1901
ASinking
t
I
:
80%
.
.
Feb
assented
A0V2s
.
40
:
•,
M-JV
Il980
y\ Afis assonted
AExternal sinking fund 6s
A6s assented—
AChlle Mortgage Bank 0%s_
i
103%
102 >/4
'
f 7s
a
f;
104 h
J-J-
15
8s
r.
•■!
110
•
j—1967
-Jan
r
,
,10Q Vi y 103 %
i'y"y-
95%;.::
^
111
110%
J-J
1948
-Jan
A 6a
;
*77
;
15
3s
AExternal
122
112 y«
100
117% 118»/«
-1901
95'
95
-Jan
A Extl
101.16
«117%
A-O
assented
AWy external s t bs
10l.2:i
101.18
J-J
14"
v
j
94%
*93
M-N
-1984
-1960
a 6s assented
sinking fund 6s_.
106.12
*101.20 101.22
106.21
-1975
bonds
_
A6s
City
York
Unification Issue—
Corporate Stock -
Transit
A-O
A Extl
103.31
*106.19
no
-1970
30-yr 4s
;
f
95'/a
94
,
66
65%
s
97 Vi
102% 102%
93
(City)
68
5V/a
*102% • _i
94
$
51%
*102%
•
F-A
J-D
92%
(■' A6s
:
!i
100.17
M-S
1958
92%
f
52
4
68
94
s
H
53
F-A
of)
3 Vis
\i
67
1
.
»
68
.
63%
M-S
<Dom
68
51%
67
M-S
;
103.13
104
io**
•
AExternal sinking fund 8s
103.23
103.1
104
62%
1991
external
51%
51%
*62%
.1950
AChlle. (Rep) External
d7s assented
.
102.10
'
f 4%-43/8s__
s
14
..**1'
62%
1977
3s
103.8 r"
? ;
.
63% :
52%
(Province of»—
s
ACarlsbad
103.4
100.25
63
63%;:
...1970
25-year
102.26
*103.9
67%-t
63%
2
gold 6s
3s
102.26
Vi
51%
f 41/4-4>^s__
30-year
2%s
102.27
-
fund
'
1
*62%
stamped-;
3%
.
104.24
103.16
100.25
„
y
102.9
102.3
103.1'
__
30__.
.
4
r
62Vi
External readj 4%-4%s__
External s f 4%-4%s
103.28
102.3
104.24
102.17
*102.1
103,25
:
No.
Refunding
101.12
103.30
J-D
J-D
104.26
103.11
.'
J-D
108.21
*110.31
Series
Canada
103.11
__
3%s
External
107.26
r~"* 103.23
'
29-
•
108.21
100.21
*103.2
No.
'
.66
66% '>
*62%'; 63% "
:
;'i
66
:
51%
52
621/2
28
68
51%
•
.
,f.'
•••''■:
5
62%
62%
Series
'
.
63%
62%
Sinking
■
108.21
No.
(City) .8 if «*-.■■
Sinking-fund gold 5s
106.31
-107.8
62
67
62%>'.
Vi
"*62%
y -
67%
51%
10
'v
63%
62'/a'
62 Vi
■
Brisbane
101.24
100.30
*103.7
__
M-S
v
1
23__>
24
27-
A 6s
"'-I
ioi.3s £
106.30
v
102.2
102.3 '
:
•
3%s
; :
102.7
100.18
*103.4
»
M-S
.
100.15
100.10
2
^
26—
Buenos Aires
17
,
62
62%
3%s. Series No.
3%s Series No.
v
102.9
•r"4
101.27
101.22
No.
Series. No.
3%a Series
102.17
100.17
1
■
*102.30
.
__
J-D
1950
New
102.2
*102.15
.
' :•...■
3%s
;.v
108.15
63
.
67% ';
51%
63%
*62'/a
>3%s: Series No.v
103.4
100.18
-
*103.14
„
•
J-D
•
107.1
100.28
108.12
103.2
101.3
3%s Series
>
105.24
108.21
J-D
'
-
Treasury
105.19
*104.24
100.21
-
Treasury
106.19
*105.7
-V
V
107.25
*107.6
:
__
M-S
jy'J-D
.
Treasury
106.28
101.26
—
J-D
■A
2s———
Treasury
103.9
101.22
106.30
:■.-".
J-D
2s"I———-I—Mar
Treasury
'
..
: J-D
?
.
22
107.15
106.6
'
M-S
No.
j:
101.30 101.31 a
101.22
21
113.20
106.7
__
M-S
No.
5
108.12
101.30
•
;
'
104.18
—':■ 102.2
M-S
3%s Series
3%s. Series
:
*102.11 102.13
:
;,\
S J-D
-
2 ViS-
Treasury
K
116.10
100.3
62 Vi
62%
20
113.30
*103
.
„
.
,
No.
115.27
112.10
*106.17
„
?■■:
r,
112.21
113.2
*103.7
V
—
?■
M-S
J-D
J-D
1969
V
114.26
106.7
M-3,'.S„
1968
2 Vis
Treasury
V
114.6
High
51%
63%;
i9:~::::::::::z
Series
.
Low
59
63% '
*62 Vi
*
No.
3%s
,
January I
No.
8
*62 Vi
17:::::::::::::::
3%s Series
j
Range Since
'Sold
.
63 Vi
62 V2
3%s Series No.
110.15
109.11
No.
,
106.11
108.27
No.
Series
r.
62 Vi
*
-
*104.16
106.7
M-S
1962- 1967
2 Vis
114.5
105.14
Series
Bonds
High'
—
;
111.27
112.17
*116.8
*100.1
'
—
—
3%s
(Continued)
Range
Friday's
Low
15
No.
0
103.19
111
*109.9
•
:•'('(!>•■
J-D
1956. 1958
Treasury
103.19
Series
or
Bid & Asked
j/-.'..V;
bonds
$
3%s
r.
■
*114.4
t
Week's
Last
Sale Price
.
3%s
:
-
*114.24
—
„
J-D
#•.'
103.20
104.11
*104.9
—
J-D
—1950- 1952
1952- 1954
Treasury
v
—
103.27
3
v
1949. 1953
2%S-
Treasury
3%
—
■
(Continued)
External
109.24
100.30
101.14
y-y
Brazil
High
106.13
101.9
*101.7
M-S
Low
;
'V, 3
106.13 106.13
100.30 100.30 '
* 101.9
101.11 v
*108.23 108.25
Friday
Interest
January 1
*110.31 lll.i
*114.8
114.10
*
—
.1948
Treasury
—
M-S ;<••*
.1949
Treasury.
•
1952
1048
Treasury
*
*
MS
1949
3yfls—
Range Since
Sold
.
—
.vv:.;;
New York Stock Exehanga
Period
Bonds
No.
cwssr— "■
30
BONDS'
Week's Range
Last 4 Vj or Friday's
Sale Price _Bidii<$i Asked
iff .,»■/ Low ; High
£'■'
V
sr"LarK*
sr
mrv
i'1 Friday
,
7..0
1901
.1946- 1956
Treasury
Treasury
Treasury
•
'.', i v
4%s
Treasury
-
Period
S. Government
U.
.
tha
m»
yearly
-
In eaohrange for week ending november
eon the month »h«n the tend# m.tnra.
"Interest Period" indict.
>-
Interest
Stock Exchange
New York
ui>h
<„
>■>
.
York Stock
-:: weekly
Friday.
Monday, December 3, 1945
~\ '' ,———-
>
Volume
162
Number 4443
RANGE
BOND 8
Stock
Friday
V
Last
Period
Sale Price
'
Mexico—(Continued)—
AMexlco
i(jb>
exu
£
1945
AAssentlng 5s of 1899
AAssented
to Nov.
AAaoenuhg 4S 01
AAssented
IA'treasury 6s of
:
5,
y,y ASec external
£
.
•
.
.
4^
reduced
ASec external
to
AOs
New
>
Soutn
M-a
43
t
f
s
(Stato)—
sink
5a
sink
lund
(Cltyj
r
39
fund
Ext
f 5s
s
(State of)
A Peru
(Rep of)
a Nat Loan extl
loan extl
s
A-O
105
F-A
105
105
J-D
*95%
101
M-N
M-N
MS
gold
M-S
30
34
A-O
^
A-O
177a
A-O
2.375%)
to
Queensland (State)
Janeiro
to
to
AExternal
Plan
A
oil
8s
.
32
347a
yj 23
16
.30%
fa 2
7
2 ■
19
39
■;,
14%
50 ft
&
'••:"
F-A
.I
497a
2001
101%
"5
497a
F-A
42
104%
Rio Grande do Sul. (State of)—- /V-I'l
A 8s extl loan of 1921
:
_1948
—1963
M-N
July 1952
M-S
109 74
,109
_^19S4
J-D
113
A-O
35%
527a
527a
/
.
A
104%
1073/,
171
1047a
110
40
95%
113
43
'•112 72 113
1st 4s
1948
J-J
46
1948
J-J
35%
J,
1057a 103 72
/'vy
'
109 74
46
47
15
357a
'
1953
36
3
50
34%
1
103% 103%
M-S
46%
102
1057a
1
y
fa
1946)
due.
1993
~~S4
45 %
"98%
J-D
99
MS
90 3/4
y
1998
MS
Vy F-A
(int at 1% to ' \
due.
2000
ser F
66%
917a
757a
1003/4
107
(int at 1%
10774
.
66% ; 917i
'
90 y
9174
,
to
due
:
993/4";
;*• 90—
—Feb 11960
9072
76%
V
D
gen ser
gen
99%
223
x,'90%'"91%
C
ser
1
33
265
•103% 104
S'west Div 1st M
to
~
1
Jan
M-N
yi?
9174.:
76%
;•
1959
stamped
4s
:
103 7s
J-J
(int at 3%%
due
1950
1947)
10174
J-J
1951
Bangor St Aroostook RR— '
,
Con ref 4s
——.—1951
35404; y
•
2
10574 107
91
Pgh L E & W Va System— '
'Ref gold 4s extended to
r
i;;
'''
r
"
.134
4
84
66%
413
78":;
9174
55-'
787a
'94%
.
.
10174
o
:
so yy
Va
fa fa:
35%
110%
J-D
123
J-D
i.
Toledo Cin Div ref 4a A...
2012
1117a
'■
due
Sep 1 1946)
■■i'uj A Conv due
,
II
*43
-
,,
124
111
A
ser
gen
Ref &
1.
A-O
1167e
Ry—
1946)
Sep 1 1946)
.
79
A
Plan
1
Dec
*10274 103
A-O
1157a
..
.
RR—
1946)
gen
>ec
„
.
1
Oct
303/4
44%"
v
'
Ohio
&
447a
79
..
7"
1st mtge gold 4s
July 1948
Btamped modified bonds—
mtge gold
(int at 4%
&
M-N
1333/4
10
3
'
; 120 74 1217s
134% J
7
*_I
J-J
1953
to
273/4
High
1277a
36%
,
V
.
:_1948
Stamped pursuant to Plan
(Int reduced to 2%)
Stamped pursuant
25% y
1474
Low
45
1107a
119% 121'
.
,
4s_;.
4s
-
No.
High
A—•_
cons
47as
Range Since
January 1
Sold
110%
—
1217s
J-D
1940
Line
Air
Bonds
Friday's
347a
257s
■
"
1,
J-D
1960
gold 5S
33/4S.
1st
unified
Si
1952
6'/2s
sec
19
•47
extl 6s_——1947
(City
18 '/8
;C
i-ir '
28
•47r"
1910
1st
Charlotte
Refining deb 3s
'
J-J
or
Bid-& Asked
C. 130% 13174 "
1317*
M-N
1955
Atlantic & Danville Ry
40% '
197s
32%
24%
J-D
2.25%)—2006
(Int reduced to 2.375%)
j
J- J
.1955
mortgage
187s
2
-20
6
109
Nov
4s
1905.;.
Coast
—2001
Stamped pursuant to Plan A
: r
*18
..1995
.^.1995
Nor
&
•General
•47 7a
387a
of
&
Atlantic
1057a 1
y:
1772
32%:
A-O
i960
pursuant
reduced
=
<
of 1909_^.^.i
1st mortgage
yv
662
4
>.
i
4s
gold 4s of
Atlanta
fa
740
347a
York
Teletype—NY 1-310
Week's Range
Last
Sale Price
!
—
Atl Knox
40
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1961
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34% ..36
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1947
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1961
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1958
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1959
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1967
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BOND
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ui.1967
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For footnotes
see
r
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ti
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1968
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1946
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,
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1945
..
21
11674
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r 108
y 97
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,
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i
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1949)..——1974
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;
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4s
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99
108
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•
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'
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100
A-O
.
Central Illinois Light
''
2664.
&
A 1st
zyyy
100
-
due—_____^__1975
page
49%
105
119%
1949
1981.
cold 4s
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1948
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27
,
•
81
.,31
120% 121 Vs
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&
92
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1
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•
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.
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*
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1962,
—1
_______1969
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1975
Arbor
Carolina
'I
A-O
.1975,
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Ann
72
89
107
.1980,
■
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3s
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deb
90 ;-V-.
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1958,
—1____
733/4
44 7a
111%
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4 V2S
tfACarolina Central 1st gtd 4s
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104 %
.
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trust
907a
10174
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1_„
1975 v
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2030
;
American Telephone & Telegraph Co.—
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;
1968,
debentures
108%
1073/4
1197s 119%
J-J
gold
gold
gold
75%
t.,2 ■■;._. ,177s
101% 101%
iy. Albany & Susquehanha RR 3 7a8—_1946
Tobacco
1955
43/4s
1950
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1951
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Canadian Northern Ry deb 6%s___ 1946
Cah Pac Ry 4% delrstk perpetual-
20%
;
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1970
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debentures..!...
106%
49;.' :
104
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1969
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gold
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iio
•
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Canadian
102%
,
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1972,
conv
1957.?
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108
2774
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11948
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97
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«.._1948
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21
1967
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.
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V
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—
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,
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.
.: 70
;
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'--i'/y
MS
-
5,
16
r:r 72%
;: 74%
—1952
—1955
'
;
J-D
1948
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-
of
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50
64
101 %
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16
1969
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17%
17
89
1955
cons M 37»s——____1966
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1950
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s f 3%s
—...—1969
to May 1, 1947)
3%
10174
63
,
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M-S
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1967
1955
:
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v
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;
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u
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•
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V
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.
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1978
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1979
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,
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f debentures.
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42
y *100
!
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17
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.
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;
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71
1937)—
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1964
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bonds of
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1960
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:
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40
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__
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71
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.
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1955
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1
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71
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1958
1958
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s
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v
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.
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1999
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:;
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..1956
series II
5s
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1: lit fa.
J-J
,
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1
—1950
gold 4%s series JJ—
1961
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1960
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4s s
y
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' v
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,
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43
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.
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1950
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.
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1936
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K
.
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;/
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>
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36
39%
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\
sink fund 4s:
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'
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V
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>
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1967
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1966
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_
2012
1926
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.
140
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1996
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1996
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..1946
..1989
1989
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J-J
tACLlcago & Alton RR ref 3s_.^_.1949
J-J
A-O
"
128 7a
125
50 7a
—'
137
14
21
104%
106%
104
107%
1017a 103
.
130%:.^y;U; 7.
:*"/•' *
4
5574 '
1,166
125
145%
33
14174
.1992
12874
125
"
131
c
32
126
'
49
,
Monday, December 3, 1945
THE COMMERCIAL & FINANCIAL CHRONICLE
NEW
YORK BOND RECORD
RANGE
Interest
Exchange
Stock
York
Period
Friday's
Bid & Asked
Last
Sale Price
or
Low
High
ref mtge 3%s
1st &
1974
.
No.
Low
111
117% 118%
118%
121
V
121
1st mtge
3%s
112%
122
102 %
106%
60
A Gen
& Louisville
6s ser A
Ind
tChicago
88%
107
tChic Milw St Paul ft Pac
AMtge gold 5s series A
AConv adjustment 5s
4s
1st rntee
ser
RR—
1975
Jan 1 2000
mtge
series B wi
111
Railways
partial
25%
:
33%
943/4
29%
333/a
17%
1043/4 105%
104%
100
106%
84%
90%
91
77%
923/4
161
SASecUred 4%s series A
gold 4%s
Chicago St L & New Orleans 5s
AConv
General
A 4s
Gen
-
:v A
^
74 3/a
mtge 2%s ser G —
Chic & West Indiana com 4s
Steel
Gen
99%
of
109
99 Va 100 Vo
>105%
—
105%
132
1956
♦100% 101
99%
.-—1974
108
105
108
111
Corp—
debs—
;
Castings 5%s
mtge
105%
Gulf
106 3/4
57%
52 %
53
33/8s
ser
86 y4
87
80 %
105%
53%
—
-{*
*109
'
*102'/a
%
Cin Wab
Bt L Div
1113/,
102% 103 V*
1103/4 110%
109 y2
112 Va
106% 106%
1033/4
107
104 Va
109
111%
135% 135%
1977
128
__
1960
1970
1980
..
ctfs" B
3S
Corp
107
-,,—, —
i
1975
1948
**,—.—1950
Cleve Short Line 1st gtd 4%s——1961
Cleve Union Term gtd 5%s
1972
1st s f 5s series B gtd
1973
1st s f 4%s series C_—1917
Colorado & Southern Ry.—
1
4%s (stamped modified).——1980
Columbia Gas & Elec deb 5s
1961
1st extl gold 4s—1948
Columbus ft H V
*106%
104%
105% 105%
—•
103%
101V*
106%
ft Ship Island RR—
993/4
91
101 y4
103% 103%
993/4
1969
98
104
>
ref
ft
Term
M 5s
stpd—
1952
—
993/4
*99%
•
108%
1999
139
1937
1970
100
Ry cons gold 5s
Finance
Coal
1st
Hudson Co Gas
Hudson
ft
Corp 2%s_.
s.f 5s series A
1st. gold 5s
Manhattan
1st
5s
AAdJ Income 5s.
106
108% 109
40
104%
109
1063/4 107%
107%
19
102%
108%
"
;
75%
103%
109
*115
68
|
;
*■
1st
108%
111
\
114%
I
116 /
133%
I
105%
•
—
107%
107 Va 107%
!
35
111
111
1
1083/4
106%
105 Va
non-conv
A Debenture 4s
l?t
Power
Consumers
1955
1958
2%s—1975
4s
A Debenture
Continental Baking 3s
mtge
1965
.1955
1942
debs
Crucible Steel 3%s 8 f debs—
lACuba Northern Ry 1st
A Deposit
5%s
receipts
113
103%
,i
87%
115%
64 y4
73%
80
45
>
^
102
13
104%
107 y4
102 3%
66%
1
57
6
29
103% 104 3/8
103%
64%
66%
—
48
.>•!?■
—
.58
48
*82
47
receipts
A extended to
1948
receipts
A6b series B extended to—.—.1946
ADeposit receipts
—...——Curtis Publishing Co 3s deb ......1981
ADeposit
6
58
3
50
9
•
Beries
4
f
7
17
j
si3/*
68%
'
ref
5s
71%
50 %»
„
—
103% 103%
i02ya 104 y4
103%
Delaware ft Hudson 4s extended—1963
15
26
95%
83%
41
100ya
103%
A 1st
6s
103
105
101 %
99%
105 y2
97
106
107
81 VB
1033/4
1
106
1
series,A
1003/4 1033/4
-.—.1963
.
1963
95'/a
99
245
76'/a
99
1963
91%
92
9
73%
92
102 Va
98
A.
«
A 1st
lAInternat Hydro El deb 6si
Ret-sink 4und
.1955
6s series A—.
j
Int Telep ft Teleg deb gold
Debentures 5s—mo.
1972
4%s~kl952
>—
1955
97%
83
85
02%
44
443/4
28%
75%
77
58 %
85
763/4
58%
84%
94
95 %
743/4
96%
•
95
-
89%
54%
102 7/a 103
102%
105%
107% 107 Vz
103% 105
1063/4
Hiya
iPaper 5s series A ft B_„1947
Intemat
Int Rys Cent Amer 4st 5s B—-J.
v
J:
77
..1944
108
763/4
84
.44
-1958
gold 5s series C
106%'
•
1952.
1958,
: July
105
75
106%
5
"Jj'>
*106*/4106%
J.
.-—1952,
6s-series A
A 1st 5s series B_.
j
103 %
105s/i 105 5/a
*111
mtge 3s series F^.1961
series
a Adjustment
1033/a
103%
102 %
103
104%
100%
105
—
/' 99
82Va
18
;
105
•.
1/
96%
106 i?:
89
2
103
104% 105
106
{
*103%
'
1
10 >/
22
103
109
100
V
1013/4 102
♦101
^International Great Northern RR—
i
•i.
i
—
2
2951
series C
Inland Steel 1st
■
52
61
:
i
Dayton Union Ry 3%s series B—-1965
2%s debs
-1965
102% 102%
101%
943/4
.74
1037/a 104%
1st. gold 4«.j._^.
1950
fAInd ft Louisville' 1st gtd 4s
..1956
Indianapolis Union Ry 3yas ser B.1986
■4.
|
Deere & Co
i
106
106
Ind 111 ft Iowa
50 3%
40%
'
291
1951
1st ref mtge 4s eer D—...i.J.
61%
85%
41%
—
49
96%
1951
1st ft ref 4%s
|
40y4
66
23
108'/a
93%
106%
105%
84
'
104
50 y4
—.
ADeposit
107
103% 1
101
:
70.;
75
89% 10888%
19
——.1950
3 %s
Joint 1st
i
S
80
'
101%
107^
84%
16
101
J960
—
102%
53
-105%
—
104%
12
1043/4 105%
103
103
101
HI Cent and Chic St L ft N O—
;?■■■
if
100%
83%
47-
74
1023/4
102 y« 102%
4'
75ya
57 ■••/:
103%
107% 108
1958
.
Springfield Div 1st gold 3Vis^
Western Lines 1st gold 4s
Registered
74%
58%
*103 y4 107
—
.Gold
t
3
,104
Litohfield Div 1st gold 3s_.=.i—.1951
I
103%
..
,/—/
J952
1953
4y4&_^
-
__
—
.
1953
Cairo Bridge gold^4s.
y
—
1951
Refunding 5s.—
i.
105 Ye
69%
*100%
Omaha Div 1st gold 3s..'_.^i
1951
'St. Louis Div ft Term gold 3s._J.195l
102
105 Va
*1003/4
gold 3s sterling..^
40-year
"
—.1951
J
Louisville Div ft Term gold 3yas.l053
38
64%
*105 '
1951
—
102% 105%
12
102y4 103%
•
$
20
64%
—
——.1952
RR 1st 5s gold
107%
105
101%
105
T>
102
105
,
95% 103%
;ioiy4ioi%
99
104% 105
1053/4
108 y4
Lack & West RR Co—
Delaware,
>r
N Y, Lack & Western div
1st & ref M 5s ser C__.
Income
Morris
&
Coll tr
Delaware
mtge
due
4-6s
Power
.1973
wi_
i
I..
k
May 1, 2042
ft Light 3s
Grande RR—
64%
•
'
1973
:
consol 4s
gold 4%s
64%
65%
106% 106 ya
1936
70%
j
1936
AGeneral s f 5s
1955
69
«70
70 3/4
75
15 y4
14
impt 5s series B
1978
15%
5%
143/4
5ya
19
63%
106%
106% 107'A
108
108
1970
~
106%
gold 4s
I5ADU Sou Shore ft Atl gold 5s
1962
1937
Duquesne Light 1st M 3%s
1961
63%
108
106% 107%
64%
1995
ft Tunnel 4Vis——1961
Dul Miss & Iron Range Ry 3yas
60%
64%
46
116
-V
46
116
116
106 % 106%
58%
104 Vi
58%
104 y8 104%
54%
106
406%
109%
106
109
48
«6
28
46%
110% 117
105 3/i
45
104%
Kansas City Southern Ry
*71%
1083/4
.
City Terminal Ry
Kansas
i
j
i;
.
(NY)
ft Ga Div 1st 5s
4%s
—1961
*
—1961
,6s—j—..—1097
Co 1st mtge 3s
1964
unguaranteed*
Kings County El L ft P
j
Koppers
1st cons gold
For footnotes
see
5s!
page 2664.
175
__
175
—1959
SAKreuger ft Toll 5s ctfs—
79%
813/4
78%
78 Va
78%
78
106% 107
93
'
103 Va
*120%
*107'%
*109%
*105%
104
118%
*103
,*62%
93%
9iya
106
122
62
77
79
104
107%
109 3/a
—
102
102
—
101
__
__
173 Va
186 Va
*105
105 Va
102%
105 %
"\ 5
53/8
4%
*187»/4
8
108%
3 Vis
*120%
2%s—*1974
Plain
''
1
109 >/4
71
1st 3s—-1950
Kentucky Central gold 4s__1987
Kentucky & Ind Term 4%s——1961
Stamped
—
1961
Lake Sh ft Mich
Aast Tenn Va
1st gtd gold 4s_.1990
Fort Scott & Mem Ry—,
gtd 4s
—rl936
ACertificates of .deposit
8 ARefunding
21
12%
1960
Detroit ft Mackinac 1st lien gold 4s 1995
Term
14
1905
4s series F_
ref mtge 3%s series G
ASecond
-
ft Mich
Kansas City
i*
,
A Assented
Gen & ref 3s series H
99
104%
y
I AConsol
Edison
1023/4
>
jDenver & Rio Grande Western RR—
A Ref &
Kanawha
88%
James Frankl ft Clear 1st 4s——1959
Jones ft Laughlin Steel 3%s__1961
)'
1993
;
division
Essex
ft Rio
Ed El 111
72'/a
144%
101
30
..1951
j
105
:
69%
v >
Refunding 4s
\Purchased lines.,3%s
Collateral trust gold 4s__
,
f
105%
*
1
102%
102
•
107%
102% 1023/4
102%
RR-—
112%
; 111
*105% 106
1961
,
JAConsol Ry
Detroit
79 %
Feb 1957
.;
Collateral trust gold 4s__1952
^
\:i
108
114
1
1
129
——1948
.—1950
:
1958
deb 4s
1954
debentures——
debentures.
debentures
Gen &
-72
100%
*113
1957
A
Extended 1st. gold 3%s
86%
103 Va
r
—
109
Central
1st gold 3 Vis
>
107%
11
103% 104
>*107%
—
41
77
132% 133%
f 3%s A
3%s
Illinois
|
763/4'
1958
3%s
Detroit
96
100%
78%
1962
-.1949
; „S 1st gold 4s
I
v.
Consolidated Edison of New York—
8 A 1st
137
140
102% 102%
Illinois Bell Telep 2y4s aerlps A—1981
109%
....—1977
1951
3s series L
Conn Ry ft L 1st ft ref 4%s
Conn River Power s
I
105%
133 %
3%s
debs
IDenver
98%
107% 110
107
115
•16
-
\
mtge
A7%s
98%
..
100% 100%
107
107
—
115%
Commonwealth Edison Go—
A Cuba
/
106% 109%
107
108%109y4
108% •
3%s—.—1970
Tol 1st extl 4s
1958
ft
Columbus
3%s
-
18%
102%
1969
91%
80
109 %
*113
..
Columbus ft Sou Ohio El
1st
84
103%
Hocking Valley Ry 1st 4%s
96%
101V*
*104% 107
gtd
Series D 3%s gtd
3%s
C
Conv
83
:^6
13
16%
14%
*102
2015
Hudson
,.1970
74
ft Pittsburgh RR—
Cleveland
Series
106
130%
112%
———1993
Cleveland Elec Ilium 3s
107
*80%
'—1959
deos
mtge Inc 5S "series A
Household
4
121%
128%
*106% 107%
*
..
-t
Bay & West deb ctfs A
Gulf States UtU 3%» series D
102 Z 104%
3
102 Vb
118% 123
128% 1373/4
1213/a 122
128%
;
1970
J.:
1023/4
102%
76
112 y8 112 Va
%
100 %
122
1952
L
114%
102 Va
—
115
91%
—
102%. 102%
•
—
1947
Ui
53%
89%
.
.2
54 Vu
39%-
53%
1934
....
M
65%
103 %
40
1973
ser
80%
80
59
v
106
103
103% 104 Va
series D
1st
57%
57%
230
85%
79%
57
106
v
1969
1949
Oct 1 1945
:
5s series C
1st ft ref 3% s
56%
E—.—1977
ft M Div 1st 4s—
1991
1st coll tr gold 4s
1990
128%
102
55%
79%
106
Co. 1st mtge 23/4S_1965
(B F)
mtge 3%s
Gen
56%
Ref ft impt 4%s series
85%
76%
79%
1949
& Utilities
inc
A Debentures
1993
General 5s series B_
101%
106%
104% 105%
ISAUousatonic
gold 4s
96%
106%
102%
of Berg Co cons 5s_
Greyhound
Cleve Cin Chic & St Louis Ry—
General
60
-..
•
--
'
98%
104%
1053/4 106
100
102%
102%
,
1950
Gen
82
102
109 3/i
_
,
...
;—•——
mtge 3'/aS ser K
AGreen
83%
1952
1st & ref 4%s series D
1962
t§AChilds Co deb 5s par paid.*—1943
§ADebentures 5s part paid.——1957
tAChoctaw Ok ft Gulf cous 5s
1952
Cincinnati Union Terminal—
•
1st mtge gtd 3%s series £——1969
1st mtge 2%s ser G
—1974
US
\29
105%
98
2J
\
117%
deposit
Gen
104
83
107
J-J
JfcT-S
88
102
128
:
104
coll trust 6s
General 4 Vis series D
101
94%
104 v! 104
,
' -
99
*102% 112
% General 4y2s series E
106 3/4
95
107
•
:
98%
*105
series A.—.
Realty
conv
General
79 y4
91
1963
1963
1st
09% 100%
99
1961
Gulf Mobile & Ohio 4s series B
Chicago Union Station—,
1st mtge 3%s series F
105% 105%
99%
1971
Grays Point Term 1st gtd 5s
Great Northern Ry Co-
28
102
Dec 11960
guaranteed 5s
118%
118
103%
-———.
deposit
General 5l/2s series B
13%
ACertificates of deposit
t05V»
J-J
2000
t§AGa Caro & Nor 1st ext 6s
•Certificates of deposit———
105
52%
=1951
A-O
ft Ala Ry 5s
Certificates of deposit—J-JJ.J-.
108 %
47%
Memphis Div 1st gold 4s—
1951
Chic T H & Southeastern 1st 5s—1960
Income
94
104
80%
1951
3%s
Gold
of
ref 5s
&
Goodrich
1934
1952
1960
gold 4s
I ARefunding
J-J
-
,1953 %
—'if. d
m.
i.
•
1964
Rub 3s deb.
Tire ft
Gas ft Elec
;
.
90 y4
78 Va
deposit
1
,
2015
3%S__L
mtge
t A Georgia
103% 103%
102
106%
100
:
105%
103 % 105%
87%
102
107
106 %
,*117--O-..^
I'--
103"%
105
7,.
333/8
105
1988
of
H
ser
1st
A Certificates
•;
1927
redemption
4s
ACertificates
99%
105 V*
883/4
5
.
High
102
1173/4
119%
67%
^89%
tChicago Rock. Island & Pacific Ry—
A General
2s
Francisco Sugar
stpd
5s
1st
A 1st
•V.--
94%
82%
88%
118 V* 118 %
118 %
y,V-■
-J-J
1990
mtge 3%s ser G—.
Div
Firestone
1173/4
105 y4
12
tAFiorlda Cent & Peninsular 5s—1943
95
103
103%
106%
29%
31%
88
104% 105
1999
1989
3s ser B
tlAChicago
cons
108
100% 105 V*
105
,°102
—
A-O
A-o
;
January 1
Low
97%
105
105
Range Since
Sold
No.
104%
1033/4 104%
/ ;
income 4%s
conv
'
1994
Chicago & North Western Ry—
1st mtge
15%
2019
2044
A wi
rritge 4yasr inc ser A wi
4V2S conv inc
cons
Ohio
114%
,1051/8
May 11989
F
72
107%
4; 1st
923/4
May 11989
May 11989
series
mtge
^Florida East Coast 1st 4 Vis.-
Paul—
series E
mtge
1st-cons
Certificates
105
4%s
79
88 %
16%
104%
4%s
88%
20%
23
103
AGen
2nd
/
21%
105
AGen
1965
.1962
4%s series A.
3%s ser E-i..
3'/as ser F—.
mtge inc
cons
100
110
20
gold 3%s series B—May 11989
4%s series C
May 11989
A Gen
as Gen
Gen
88
84
Bonds
High
-y .106%
__
VJf-S- v;
:
.—
1st
1st
95%
*—
ARefunding gold 5s series
ARefunding 4s series C
tChicago Milwaukee ft St
A Gen 4s series A—
Gen
65% ' 83
Ry—
Friday's
Railroad Co-
Brie
99%
!V
J-D
.1970
,1965
stamped
141%
90%
1947
B—.1947
>1947
A 1st & gen 5s series A
1966
A 1st & gen 6s series B——May 1966
Chicago Ind ft Sou 50-year 4s
1950
A Refunding
5s
76%
97%
132
1982
Gt West 1st 4s series A—1988
inc mtge 4%s
2038
Chicago
.1950
Elgin Joliet & East Ry 3%s—.
El Paso & S W 1st 6s
J-i—.
119%
122
—1997
1985
ser B
1st gold 5s
or
Bid & Asked
Low
Empire Gas & Fuel 3%s—-—
& Eastern 111 RR—
A Gen
mtge inc (conv)
Last
Sale Price
High
104
•
104
104
v
Week's Range
Interest
Exchange
Stock
York
New
January 1
Chicago
Chicago & Erie
Friday
;K:- :
Period
Range Since
.Elec Auto-Lite 2%s debs
1958
*—>.1977
1st & ref 4%s series B_
NOVEMBER 30
BONDS
Bonds
/Sold
Chicago Burlington & Quincy RR—
General 4s_*————,—
WEEK ENDING
Week's Range
Friday
BONDS
New
FOR
Lautaro Nitrate Co Ltd—
A 1st
110
110
1
105%
111
106
Sou gold 3%s.
registered—
106%
6
1023/4
109
69%
8
,
mtge income reg—_—
68%
50
69 y4
26
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4443
^Volume 162
NEW YORK BOND RECORD
RANGE FOR WEEK ENDING NOVEMBER 30
New York
Interest
Exchange
Stock
Vi Last
or
gale Price
Period
Bid & Asked
Bonds
Friday's
Low
No.
High
Low
5s
Sale Prion
*
Bonds
Friday's
or
Bid A Asked
Ban go
Hold
Low
No,
High
High
Since
Januarv i
Low
High
*N Y-New Haven & Hartford RR—
fund 5s
stamped-.
Last
Period
Lehigh Valley Coal Co—
1st & ref sink
Interest
New York Stock Exohaag*
Range Since
,January 1
Sold
Week's Range
Friday
BOND8
Week's Range
Friday
BONDS
F-A
1954
....
*99%
1954
-
1st & ref sink fund 5s
*93%
deb
,deb
deb
4s_—_
deb
M-S
70%
66
1947
MS
66 Ma
64 V*
1954
.1955
A-O
67 Ma
63 V'2
J-J
72 V*
65%
3%s_.
ANon-conv1
100 7/a
4s
...
...
76%
70%
..1941
3%s
ANon-conv
100%
98
4s
ANon-conv
99
UOOVa
F-A
-.—1964
deb
ANon-conv
37
58 Va
stamped——
1st & ref sink
5s
.66V2
67 Ma
58
54 Ma
743/4
145
55
75
232
56%
77
1974
fund 5s
stamped-.
X
F-A
'%•'
Leh Val Harbor Term gtd 5s
—1954
Lenigh Valley N Y A%s ext.—
1950
Lehigh Valley RR—
4s stamped modified
—2003
v
4s registered
..2003
4Vis stamped modified
-2003
4 Vis registered—
2003
5s stamped modified
——2003
F-
A'&V- 'l
J-J
X
Lehigh Valley Terminal Ry ext 5s_195i
lst 50-yr 5a gtd—
1965
Liggett & Myers Tobacco 5s_.,_—1951
Little Miami gen 4s series A—1962
Lex & Eastern
80
"
M-N-
;
<
•::■,
*
72 V«
67
106
56%
certificates 3%s....l956
J-J
67%
63
%
67%
183
54%
74%
6s;
J-J
75
■
69%
75%
807
63
82%
8 A Collateral trust 6s__
.^..1940
ADebenture ■4s_..._.rf„,.._.....1957
A-O
89%
88'/a
893/4
26
M-N
35%
33
35%
349
25
J-D
73
66
73
142
59%
73%
80%
.
91
23
96%
52%
■
52%
60
66%
53%
y
71%
47
49
63
Va
64%
47%
1
69 »/a
45%
•
160
56
76%
V-
54
78%
132%
9
118%,
121
—
109 %
116
'
118%
A-O
118% 118%
M-N
..;V:
,;'
*115
V:
.
lst
4s
;
debentures
3s
1963
Louisiana & Ark
series A—1969
lst 5s
Louisville Gas & EJec 3 Mi8
Louisville
&
.—1966
M-S
v
106%
MS
106% 106'/a
v
106%
MS
108
*106%
F -A
__
105
105
J-J
104%
104% 106
M-S,
lst &
ref M 3%s series
lst &
ref M
2%s
—2003
A-O
106%
107 Vi
118%
120
105%
39
103
106
105 Va
108 Va
1idVa
62
98 %
22
F-A
gold 3s_
-1980
MS
*102 Vi 104
Atl Knox A Cine Div 4s
1956
M-N
*117-
106%
111%
RR
4%s
106
J-D
J-D
M-N
-.
90
AManlla RR (Southern Lines) 4s
McCrory Stores deb 3%.
*
M-N
*65
1959
1955
783/4
75 y2
79
101
37
-
117
105
11
i§AMet
F-A
28
28%
Af-N
35
99%
11
*106 %
J-J
.1043/4 IO43/4
1
98%
110% 110%
90
90%
4
1073/4
Af-S
is AMidland "of N J lst ext 5S——1940
A-O
t§ AMilw & Northern 1st ext 4Mts.il939
J-D
St Paul &
Sault Ste Marie—
1st mge 4Vis
A
A Gen
90%
102
—
102
10534
—
1073/a
38
1st &
ref 5s
&
ref
A
a 1st
ref 5s
&
;
69%.
89%
V
103 Ma
,
A—Jan 1967
./
89
83 Va
90
-~B2%
■
83%
<
y'v.vv;
J-j
A.'
84
83
■'...•
933/4
A-O
-
"
n.
'
11
25
92%
.—1968
F-A
99%
96
99%
V
s
112
64%
169
.—1978
Af-S
58%
56
58'4
341
.—1977
Af-S
993/4
96
100V*
612
—1978
M-N
100
149
Af-N
99%
40%
96
—1949
41
325
—1980
Pacific
39%
100%
59%
73
100%
j
72%
f
72%
100%
9534100
306
72%
100%
8
79%
*104% 106 %
M-N
gtd 3%s_... —2000
87
102%
105%
v~6
100
100
73%-
M-N
80%
M4%s series B——
—1955
M-N
76%
Mountain States T & T 3 Vis..
—1968
J-IV
—1847
M-N
*107
>
80%
Nash Chatt St St L 4s series A
1978
F-A
Nat
i960
1965
A-O
fAN&i'gatuck RR' lst gold 4s..
Newark Consol Gas
.1954
5s
1948
103
-
)
c-
77
■
V'f:
N J Junction RR
7934
105 Mr
109%
v
107
Z
110
f;
?
43
105%
F-A
104 "
5
5s
series
5s
series
of
112 Va 112%
Af-N
125% 125 %
ACertificates
a
5Vis
Y Central RR
N
of
Y
1954
———1958
A-O
85
<
A-O
101
...1958
F-A
F-A.
85
97
105%
T-a
92
1997
J-J
———.—.1997
J-J
..7.951
F-A
F-A
J-J
Af-N
For footnotes
..1973
see
page 2664.
Af-N
94%
78%
100%
99Va
105
;
9134
34
1
•:
103
97.
194
7'
81%
95
80 Va
91
'
104%
1063/4
28
:
1003%
103%
.6
104 Mr
113%
-81-1
28
87%
83%
,103%
87
'
1
106% 106 34
■104
4
35
100%
105 Val
35
4
103
107%
1053/4
109
111
113%
*108%" 111%
108
iliya
*110
108 3/4
.
...
*115
86
93
1163/4
114%' 116
116
87
116
.
1
87
50
93
"'1
*105
103%
1952
I960
.,*106
3s_.——.—1975
A-O
sf debs——————.—1965
A-O
Mi s series E
3%s
deb
....1984
——1952
—1985
Peoples Gas L.A O ref 5s.———--1947
Peoria A Eastern 4s ext.
..—I960
3y8s ser F
—..—.Apr 1990
4s_
107
105%
114
157
'
.
"117
130
109% 112%
105%
1Q6V4
:
39
104
104Va
;
30
101%
102
■
..
104%
101% 102
-
107%
108%
107 Va
108%
125%
54
124 Va
128 Va
123 Vi 124 »/4
27
118%
1333/4 133%
3
126%
134%
126 Ma 127
11
118%
127 Va
40
118%
M-N
*107
F-A
125
>
123%
J-D
91
D—..1980
108% ;
102%
loeya
107%
109%
91 />-
53
78%
68
76
58
49 %
*106
M-S
:
'
89
'
76
Union-Ry 5%s....l974
103%
29
*108
M-S
A-O
128 %
74'
1053/4 105%
V
1057/a
Apr
125
107% 108%
/ 108
A-O
J-J
128%
128
128
J-J
38
,107% 107%
,
M-N
F-A
Marquette Ry 3%s ser
107
103%
111
A-O
^eries B,.———.-1968
General 4Mis series D—
Gen mtge
110%
J-D
•
General 5s
,
107%
112
104
1017/a
106%
109
105%.
*111% 112%
J-D
108
105
;
120% 130
130
107 %
105%
107%
*..
M-N
Pennsylvania RR—
^ ~
Consol gold ,4s—_—.—--—.-1948
4s sterl stpd dollar..—MAY 11948
Cons sinking fund 4%s.-,—..—I960
General 4%s series A..
—1965
1043/4
40
*104
M-S
M-S
lst gold 4s—
B—————1974
General gold 4%s series C——1977
Philadelphia Co coll tr 4%s
,.1961
Phila. Electric 1st A ref 23/4S..—1971
Phila Bait A Wash
General 5s series
ref M
A
and
ref 2%s_
110%
84
91%
116
100
107
cons
guaranteed ft %s—1964
series A.—,——-1970
Gen mtge 5s series B,-..-—197^
Gen mtge 33/aS ser E———1975
Pittsh Coke A Chem 1st mtge 3 M»s.l964
l077/a
97%
18
■;■
J-J
M-N
1960
Gen mtge 5s
99 Ma
92
*100
v2
*1053/4 107
104 Va
Series J
94%
106 3/g 106 Mr
J-J
1973
10334
J-J
2043
Vis series B
80
853/4
102% 1023/4
104-
102%
558
*81
106%
105 J/4
238
'86
.
J-D
F-A
-———2043
—
093%
101%
•
■
Series I cons 4%s——..—,—1963
83%
83
'
99%
*90
Af-N
..2000
'
'
92
91 Vi
„
833A
81
174
92
s
A Passaic GAB cons 68.1949
83%
99 Ma
,
107%
J-D
.1966
f gold 4%3..,.1953
97%
80
19
102% 102 Vi
.
F-A*
Y Lack & West 4s series A
105 3/a
A-O
ihtge 3%s series C,_.
Pittsburgh Cine Chi A St Louis—
Beries E 3%s gtd gold
—1949
Seriis F 4s guaranteed gold—1953
>
Series G 4s guaranteed...—
1957
Series H cons guaranteed 4s_—1960
100 Vi
22
104"%' 105 Vi
;
F-A
N
4
102 Va
101
2
18
■
106
—
89
101% 102%
1013/4
96 Va
91%
76
107%
102 3/a
*1303/4 132
59
106 y* 106%
106%
J-J
103
M-N
102 3/4
Vi
102 Va 102 3/4
102 3/a 103
M-N
*107 Va 107
24%
*__
104%
104 Va
12
101%
104 Ma
104 Va
106
107%
24
23 3/a
153/4
106%
30
15%
27
101%
104
106%
40
103% 104
F-A
108 %
101%
Ma
23
J-J
131%
32
*105% 106
M-S
138
105 %
102 Va
*101 Ma 103%
J-D
M-N
131%
128%
1
136 % 136%
F-A
J-J
—
•
80
10
105%
J-D
Mtge 4s series B
105 Va
6
99
107
77
96
98%
913/4
A-O
&
,
102
106%
23As—.——-—1967
———1974
Philip Morris Ltd deb 3s-.—
-1962
3s debentures
———-—1963
t§APhilippine fly 1st s f 4s—,—1937
ACertificates of deposit—yL—-.—
Phillips Petroleum 2%s debs——1964
101
91
•
•
F-A
A-O
N
77
81
i
1
97%
;
90%
99%
j
14
J-D
lst
86
80
11
99 Vi
103'
91%
A-O
3y2S—
100% lOOMa
J-D
J-D
lst
107
70
'■•'ILL
2013
Mtge 4s series A.—
109 %
--
A-O
A-O
gold 3 Vis'
108%
104%
26
85%
.
/ 99 y2
V
97
2013
lst gold 4s_
& Harlem
104Va
1003A 10034
.—1965
Y
108%
107%
W -104
*
ref 3 Vis series E„
1968
N Y Gas El Lt H St Pow gold 5s._. 1948
Purchase money gold 4s
1949
1st lien
101
4
...
registered....—1998
New York Chicago A St Louis—
■;
Ref mtge 3%s series D^.>.—_1976
Ref mtge 3%s ser E._.
.4...1980
.
115%
12
99% 101
• ;
;
..—.1954
series D
/
126
"
wi
107
-
.
3 %s
Y, Dock
;
•
112 Vi
1233/4
100-
V.
^
—
„
N
102%
8
/106% 106%
Lake Shore coll gold 3yas_—.1998
3 Vis registered
,_1998
.Mich Cent coll gold
3Vis..:.,.
1998
N Y Edison 3Vis
104%
9.1
*107% 108%
4s series A—1998
registered
106
deposit.———
& Hud River
Cent
3Vis
96
11
:
*106% 107%
106%
J-J
1935
Ref St impt 4Vis series A
Ref St impt 5s series C_.
N
F-A
'
112%
6
—
JT-J
.
103%
26
106% 106%
3y2s series I
M 3s series L__
A ref
Peoria & Pekin
'
deposit......
series A
ACertificates
100 Vi
1952
...
—
20%
23
11
25%
105
109
Fere
^y—
1st 4 Vis series D."..
ACertificates of deposit
Alst
.
of
*
.1953
deposit
C—
107
37
a
deposit..
B—
a Certificates
9934 101%
99% 100-
Af-S
A lst
30%
106%
17
1047/a 1053/4
M-S
105% 106%'
A Income
1063/4
;
110%
/:■
993/a
J-J
Orleans Great Nor 5s A——1983
of
110
1
Ref
;
108 y4
__
J-D
New
series A
104 Va
107
100M4 100%
J-J
,.1974
/
1043/4
105%
105
105 %
105
*105%
__
96%
43
105% 105%
J -J
gtd 1st 4s...—..1988
New Jersey P & L lst mtge 3s
.1974
5s
102
A-O
lst & ref M-3s series M_.—,..1979
PacificVTel A-Tel 3Vis series B.
1966
•
'
J-D
A Consol
tNew Orleans Teras & Mexico
110%:
1057/a
107%
107 % 107%
1st mtge
;
86 34
63
; 108 %
10234 104
J-J
tANew England
N O St N E 1st ref & imp 4 Vis..
New Orleans Term 1st gtd 4s
93 V*
103%
Co—
Pennsylvania-Central Airlines—
3%s conv inc debs.——
v.
104
Af-N
RR gtd 5s——1945
gtd 4s
L-—
..1945
New England Tel & Tel 5s A
1952
1st gtd 4 lis series B
1961
cons
•
110%
107%
»"
M-S
J-D
3s
62%
52
76%
-.76
J-D
A 1st
F-A
106
107
66
4^
'>'53-.
8134
1st gold
Electric
Pennsylvania Co—
>
Gtd 4s series E trust etfs—
(■Pennsylvania Glass Sand 3%s.
N
>
—
J-D
Conv
A Certificates
195
1974
1964
89%
109
93%
64
105 Ms 105%
1966
Gen mtge 4
inc
107% 108 J/4
105%
Pennsylvania Power & Light Co.—
101%
101%
*106% 112%
Mutual Fuel Gas 1st
96
4
>102% 102%
73
73%
J-D
—1955
jANon-cum
107%
M-S
s
9134
P
87
8e
Paducah A IU 1st
:
99%
Morris & Essex
'
J-J
1975
Panhandle; East FL 3s B.........I960
f
268
J -J
3s_.
17
107% 108
106% 1063/4
-.:i Paterson
43%
95% 100
F-A
mtge
1073/4
J-D
lst
V
I
72%- 100%
/ 1434
99%
—1951
Tramways 5s ext
Morrell (John) & Co 3s debs—— —1958
1st
107
1st A ref mtge 3s series J.,..,..1970
1st A ref M 3s series K_.
1971
?
33
:
;
Gas
1st St ref mtge
;
A-O
Montreal
Steel
107 Ma
89%
87
States Power Co—
Pacific Coast Co
"
Monongahela Ry 3Vis series B— —1966
National
J-J
'
107 ya
88
1962
D——1978
Dairy Prod 3%s debs
141
1083/4
65%
7
gtd 5s
1043/i 105%
105
f
F-A
Constr
105%
71
102%
X
——
12
105%
104%
98
lst
79%
101
793/4
series A
79
17
"X 34
"7:
.
M-S
5s
72 ya
17
V;
933/4
—1981
M
214
101% 101%
81
77 Va
gold 4s. —1991
Constr
82
J-D
65
lst gtd
115
813%
81%
5s_.-.-lfl46
106
94%
55
series I
Moh'k & Malone
119%
106%
106%
83
—
108%
6
104 %
37
G
128
40
113 Me 114
74
897/a
series
124
116% 118
*1273/4
104 Ma 105%
77%
series F.
5s
75
136%
138 Va
104%
88
gold 5Vis
;
1st & ref gold 5s series H
•
136
A-O
753/4
AConv
,
133%
116%
102 '
series A
ref 5s
&
1st
—
1
120
88 Mi
—
A lst
series A.;
'■47
65
Oregon-Washington RR 3s ser A..196Q
97%
103%
77%/
4s
A
impt 4%s
62 Vi
136 y»
59%
136
♦1371/*
91%
75
104%
^Missouri Pacific RR Co—
General
/
108%
103
J-J
,.2047
...
1st mtge 2%s.—....
(Wise) 1st mtge 3 %s
•
a
89%
103
102%
J-D
j-j
A
8
109%
J-J
J-J
5s series
105 s/a
i
'
4o-year 4s series B—
adjust
106 Ma
1
111%
*106
—
J-J
ACum
1
102
J-J
series
44
J-J
105
1990
4 Vis
25 Vs
101% 101%
102
102 Va
102 y# 102 %
1991
Prior lien 5s series A———1982
lien
98%
399
Oregon RR & Nav con gold 4s_.
1946
Ore Short Line 1st cons gold 5s.
1946
Guaranteed stpd cons 5s...
...1946
-V *106
;
J-D
:
1971
—
62
2047
....2047
registered
Ohio Edison
Missouri-Kansas-Texas RR—
Prior
A-O
M-S
fOgdensburg & Lake Champlaln Ry—
Alst guaranteed 4s__.
.1948
lst mtge 3s—
1974
1st mtge. 23/4s
—1975
Oklahoma Gas & Electric 2%s
1975
29%
inc ser A—
Mo Kansas & Texas 1st 4s
35
93%
:
inc ser A
mtge 4s
48
11%
20
31%
103
103
A-O
—
*100%
Af-N
Minn
J-J
S{ Id gold 3s_...Jan 2047
Ref St impt 5s series C
Ref St impt 5s series D.
Coll
trust
4%s___
/
103
16 %
M-S
1939
26
10234 106 %
lst
5 Con sol ext 4 Vis
80
46
105%
Jack Lans
A
107 Vi
52 Vs
17%
107 Va 107 Ma
2047
3s
Michigan Central—
& Sag 3y28
1951
gold 3Vis
—1952
Ref & impt 4 Vis series C—
1979
Michigan Cons Gas lst mtge 3% s_ 1969
108
104%
30
M-S
33%
117%
V
80%, : 91
^
102Vi
4s—1938
105%
12
74
A-O
J-J
Q-J
Q-J
Q-F
Q-A
Gen lien ry
1013/4
103
105 y2
*102
(Chic)
89
—
106 ■
A-O
Side El
102
743/4
'
A-O
Metropolitan Edison lst mtge 2%s.l974
Metrop Wat Sew & Drain 5%s.
1950
West
lOOMa
15
*95% 100
337/a
32
MS
82%
65%
i
>100
4
101
90y4
44
85%
105 % 1053/4
V
M-N
1974
102%
114y8
.;
Gen A ref 4% s series A_
983A
102 y8
Northern
-I960
A
ser
4%
30 Vi
Northern Pacific Ry prior lien 4s,.1997
4s registered.
1997
95%
:
Central
17%,
*105 Mr 106
105
F-A
Norfolk & Western Ry 1st gold 4s.l996
North Central gen & ref 5s
1074
M
Maine
•85*
F-A
mtge 4%s series A
1998
AGen mtge 6s conv Inc...—i.^.2014
Ref &
lst mtge As coll 4s ser B
1954
Manati Sugar 4s sink fund—Feb 11957
107 Vi
273
84 V^
J-J
lst
.
100%
*100 % 101
St Louis Div 2d
108%
30 V»
3
562
Norfolk Southern Ry Co—
98
98
1946
93%
45%
81%
12%
101% 102
M-N
Niagara Palls Power 3%s___
.1966
Nlag Lock & Ont Pow lst 5s A...1953
109
109
A-O
P
.
108% 108%
25 %
237/a
11 %
101%
J-J
1940
103%
1073/4 108%
G———2003
ser
gold 5s_
3
,
M-S
A-O
1st gold 5s
..1943
tSAN Y West As Bost-lst 4%S—..1946
25
105 %
83%
*40
■
12%
A Terminal
Nashville RR—
Paducah & Mem Div 4s.
■
/•
119'/e 119 Va
A-O
77
72
25
1992
.1355
N Y Steam Corp lst 3 Vis,
.1963
15AN Y Susq & W lst ref 5s.,.....1937
8 A 2d gold 4%s
...1937
107
107
72%
172 Vi-
104% 105
M-N*
.1954
.....
4s_...
8 A General
Long Island unified 4s—...
1949
Guaranteed ref gold 4s—-—.—1949
4s
stamped1949
Lorlllard (P) CO deb 5S__.
1951
1967
N Y Power & Light 1st mtge 2a/4s_1975
N Y St Putnam lst cons gtd 4S....1993
N Y Queens EL Lt & Pow 3%s
1963
93%
127 Va
84
.1956
....1948
tAN Y Ont St West ref gold 4s.
AGeneral
■^-,_
83
*132%
A-O
deb
...
tA.Harlem River & Port Chester—
45%
296
50%
52%
83%
•
Jlf-N
ADebenture
42
54 3/a
61%,
A-O
ANon-conv
95
88 Va
•
65%
.
M-N
90
87%
8OM2
50 Ta
513/4
.v.:'
■
88 Va
6
94%
80
/
■
'
95%
,
86
-
'
M-N
89%
•"
-
94
88%
7:
—
-
'*93 Ma
'
94%
1974
-
...
14
'U~'•
94%
933/4
93
Alst & ref 4%s series4>f 1927
—1964
—
■
92
AConv
5s
■
.
•
Pittsburgh Consolidation Coal—3 Mas debentures
1965
1st mtge 4%s
——1950
Pitts, Steel
4%v series B——v—-195w
Pitts A W Va 1st 4%s series A—,1958
1st mtge 4%s,series B,.—1959
1st mtge. 4%s series C-^
—I960
Pitts-Young A Ash 1st .4# ser A—1948
1st gen 5s series B
——.1962
1st gen 5s series C—;
1974
1st mtge
——1977
^Pittston Co BMa inc deb——
1964
Potomac El Pwr 1st M 3%s—1966
1st-mortgage 3 Vis
..—1977
1A Providence Securities 4s——1957
lAProvidence Terminal 4s
—1956
Public Service El A Gas 3%s——,1968
1st A ref mtge 3s.
—-.1972
lst A ref mtge 5s—
—2037
1st A ref mtge 8s
—2037
1st 4%s series D—
F-A
*106
J-D
*113
113 %
M-N
*115%
113%
116 Va
F-A
*114%
114
114
I
—
--
113%
M-N
125 Vi
9
124%
126%
127
J-D
132% 133
14
128%
134
A-O
135% 136%
19
125
125
F-A
2
J25 1
126%
129
136%
A-O
106
105% 106 Ma
36
1043/4
109
M-N
103 %
103% 103%
67
101 Ma
104%
J-J
101
99% 101%
367
99%
101 Va
•
*105%
J-D
104
—
106%
103%
106 Va
105
~2
98%
99
13
'•A-O
99
99
11
84%,
84%
A-O
99
99
14
84%
105
J-D
J-D
t
J-D
*105
F-A
105
*117Vi
—
'
105
*113
F-A
94%
31%
M-N>
105
.5:
39
32%
*98%
108%
113
25
43 Va
103 Va
.
109 V2 109 V'2
101%
104%
113
*100% 101Vi
1
J-J
J-J
125%
*127
J-D
: J-D
M-S
...
99%
106
125%
*125Va
J-J
99%
99%
**5
103 Va
109
110%
107'/a
108 7/a
J-J
*156
155
160
J-D
*245
224%
245
M-N
*,_
108 Va
•
Monday, December 3, 1945
THE COMMERCIAL & FINANCIAL CHRONICLE
YORK BOND RECORD
NEW
RANGE FOR
;
Stock
Interest
York
Exchange
NOVEMBER SO
ENDING
Last
;•
Bonds
Friday's
or
Sale Price
Period
Friday
BONDS
Friday Week's Range
BOND8
New
WEEK
York
Stock Exchange
Last
Sale Price
January 1
No.
Range
or Friday's
Rid & Asked
Week's
Interest
Period
New
Range Since
Sold
Bid & Asked
Low
High
Low
High
100'A
Range Since
Bonds
Sold
Januarv1
No.
High
Low
'
'■■■'•
Low
High
102%
Q
Quaker Oats 2%s
.-1964
deb—
102% 102%
J-J
15
1st
&
Gas
Tennessee
Transmission—
10 •101
103
125
102% 102%
M-N
'——.1965
mtge pipe line 3s
130
105
109%
;;
,
.
"'
"a '
R
Reading Co Jersey Cent coll 4sRemington Rand deb 3%s___
&
"106.11"—
»
102%
Saratoga RR Co—
mtge
(4.7#
for
1945)
Rochester
Gas
mtge
Elec
&
4%s
1950
F-A
1959
A-O
104%
104
104'A
'10
103 Va
107%:
1968
M-N
106'A
106
106 Va
17
105%
108 y8
20
103% 104
J-J*
108 'A
108'A
25
75%
77'A
70
77
A-O
103
139
139%
13
130
150
99% 100%
142
Pac
79 Ya
Corp—
series
..1977
M-S
*125%
1967
D__
M-S
*108%
Tenn
1969
lARutrCanadlan 4s stpd
*108% 110%
M-S
»—1949
64%
24 %
19 %
10
16
27
17%
30
1
47
■>103
_
.
'V
94%;;
6o»/ai;
102%
105
101
103
105%
106%
110
10
101
j;
■■■ :;<
104
45 y8
105'A
101
•47
;;•
ioo%;;,
84 V#
212
48 Va
J-D
102%
54
90
J-D
113%
•;
,•
M-S
gold 5s—1949
*105%
1960
F-A
1971
debs
\
104
•
•
M-N
;
I
27
& Elec 1st
Gas
Tri-Contlnental Corp 3ya
75%
-24%
24
Trenton
109%,%
51
t
64 ya
18%
J-J
108 %
t,
:
87
A-O
Ham & Buff
Toronto
104
87
104
J-D
J-J
i960
Jan 1960
ref b impt 3%s__1960
1st gold 4S..1946
Tol & Ohio Cent
{
51
62
J-J
1941
110
108%
108ya
M-S
1934
MARutland RR 4%s stamped
109%
...
99%
_
••
Orl 3%S—1974
of New
RR
•.100'A
J-J
.1985
'
21
107% 108
J-D
2000
....
;
.
1st ref 4s
AAdj Income 5s
,
—
1—
M-S
—1967
4%s
1st
1st gold 5n
3%s ser E
Texas Pacific-Missouri—
110
62
:
-
M
ref
;w.
3s deb
Pacific
&
Gen
105%
98%
•
4s ser C
Company
Texas b
104%. 108
2
Imp M
debentures
3s
<
i.
107% 107%
107%
-
M-N
,
J-J
&
Third Ave Ry
Gen mtge 3%s series H
Gen mtge 3%s series I
Gen mtge 3Vis series J
ISAR I Ark b Louis
'10%.
,
due_1975
St Louis—
ol
Toxarkana <te Ft Smith 5%s A
107%
-
Assn
Texas
107%
106
KH
2019
Ref
.
J-J.
Revere Copper & Brass 3%s
—">960
tJARio Grande West 1st gold 4s__1939
A 1st cons & coll trust 4s A
1949
Gen
Terminal
.
*105% J 09
A-O
1956
■
.
Rensselaer
Gen
1951
J
U
Union Electric Co of Mo 3%s—
Baguenay Pwr Ltd 1st M 4%a
1966
A-O
Bt
1947
J-J
Jos & Grand Island
Bt
Lawr &
2d
,
Bt
gold
L
tSt
Adir
6s
1st
1st
4s
1996
gold 5s
San
A Prior
A
Francisco
lien
4s
lien
of
5s
ACons
M
of
4%s
bond
4s
A 2d
.
1950
4s
Ino
j-jr
St Paul & Duluth
f §ASt
St
>■;;••
66
A
-
48%
48
66%
•:'-"v65
51
71 %
65'A
21
51
70
.
ctfs
P
Paul
Scioto
&
K
——Nov 1989
.
■
50
854
36%
49
21
;: 36'A
114
47%
Union
V
&
1st
81%
J-J
J-J
91 ya
1968
J-D
F-A
48
"
'5'
)
' '
92
89%
J'J
& land grant 4s.
1947
34-year 3%s deb...,
35-year 3yas deb
Ref mtge 3s series B
:.1971
1971
A-O
87%
65:
.
.
ACertificate
IA Refunding
A Ctfs
of
A Ctfs
..-A 1st
51
*132
95%
\\
106
A-O
106 ya
M-S
of
dep
(Chemical
tSAAtl & Birm
106'A V
130 %
rlst
ACertificates
Seaboard
1st
.,
AiF
mtge
Gen
of
Line
4s
A
All
70
Fla
Co—
-
6s
A
*114%
J-J
5s
12
24%
102
99%
15
J-J
49
106%
103
101%
103'A
?
—
r
74
66
80
3s
1963
101%
130
110%
101 %
102%
92%
105%
85%
*129
•'
•i
Bouxnem
:
Pacific
1st 4%s
Co— ,\f:
A—_-_1977
Gold 4%S
>
i04ya
103 : -
104
103
1st.
;
,
103%
:
104
M-N
A-O
117
189
103% 105
85
153
106'A 106%
Pacific
1st mtge 2%s
>•
3%s
RR
.;
,■
A—
ser
.*1995
1st
Ky
cons
&
gen
Devel
&
gen
6s
Devel
&
gen
gold 5s
6 Vis
4s
series
Mem Div 1st gold
T.mHs
Div
A
1st
Oil
of
Standard
Swift
&
104%
104'A
123
134'A
%
'
A-O
A-O
118% 118%
122% 123
.1998
J-J
126
.1951
J-J
48.
2%s
debs
105
,105
.106
;
A-O
102 %
104%
102
1961
J-D
104
1959
J-D
1956
M-N
*105% 106'A
2%a debs——1961
M-N
•103% 104%
N J
deb 3s
"■103% 104
106% 106%
1
Power 3%s
2
100
100
65
11
•101%
A— -2014 ;
102 % S
115%
1
105%
117% H
107%
;
115
36
107% 107%
110
106%
;
110'A
104%
923a
107%
v;
125
115
,
;
4',S
107% 107%
107'A
May
!
105%
~1
A-O
*
73'A ,i.
;
101'A
-
—
116% H6'A
-'105% 105%
J-J
-1952'
;
108
103%
60
103%
J-D
series I— -1966
;y:
•103'A 104
F-A
•
103%
102%
102
—
65
J-D
J
gtd..—..-1950
-1967
98%
28
,,
;■
84%;: 95
,
107'A
107
Q-M
.1948
100 :
90
41
.
39
•102%
F-A
V
5s
-1951
J-D
1
106%
106% 107
107 %
107'A 108
115
i f
;
5
.*•;
26
105%
J-J
87%
J-J
87%
.
89
83
83'A
v
109%
9
;•>
f.
r
110%
•99
M-S
105% 105%
104%
107
A-O
*105'A 105%
103%
105%
J-J
•117%
115
117%
105%
M-S
J-J
87%
61,
76%
79%
95
41%
54
19
49%
39%
40%
90
40
89%
M-N
■
39'A
6
20
42%
v
deposit
of
90
87
74
30
109% 109%
M-S
103'A
77 y*
123
84%
>
39%
.-1965
;
108%
101%
*102% 103
M-N
-1951
110'A
108
105
e
M-S
-
106%
12
108% 108%
M-N
-1950
-I960 i
*106'/a
A-O
Public Service 3y»s— —1971
t;
not
105%
10
108%
108%
—
108% 108%
J-J
92%
HO'A
a Deferred
delivery sale not Included in the year's range,
d Ex-interest,
e Odd-lot sale
in the year's range,
n Under-the-rule sale not included in the year's range,
r Cash
included in the year's range,
y Ex-coupon.
pound unit of bonds.
106%
107%
105
106%
•Friday's
106
A Bonds
104%
tThe price represented is the dollar quotation per 200Accrued interest payable at the exchange rate of $4.8484.
tCompanies reported as being in bankruptcy, receivership, or
the Bankruptcy Act, or securities assumed by such companies.
.
105%
;
not
sale
fNegotiability Impaired by maturity.
66%
105%
103
'V
stpd
94
included
103%
58
os
■107%
M-S
gold 3%s. .2000 4
3 Vas
102%
A-o
;
.1955
3'As—
Elec Power 3%s
102 %
57
5
-.1970
Wisconsin
123-,
71
34
•
93
■>
Wisconsin
109%
104% 104%
98'A
98 ;
102'A 103'A
102% 102%
102'A
A-O
19ba
...
debs
|ASu & Dp div & term 1st 4s_ --1936
ACertificates of deposit
/::
126
106
21
F-A
106 ya
118%
116%
.
103%
106'A
114%
;l3
.
65
-1966
Oil
Co
95%
111
1
102%
63
101%
44
126
102
?; 64
Apr
70
8
107% 107%
V.
,
•' T
30
-
.
;
105%
103%
29
A-O
Sunray Oil Corp 3% debs
Superior Oil 3 Vis debs
.
32
28
134'A
1958
5s
gold
Calil
105
104%
134
1956
Southwestern Bell Tel 2%s debs—.1985
etttpoKane Internat 1st gold 4Vis—2013
Stand
104%
104
..1956
....
110%
106'A
94
Apr
F-A
.
104 %
J-J
1991
—_—.
ACertificates
J-J
1994
99%
Ltg
98%
Apr
1971
Telegraph Cc—
Fundir.g & real estate 4'As
25-year gold 5s
t
-
vT
56
1981
.
•;
J-J
B————1986
series'—1996
3%s
Devel
:
\
101%
*
105
100% 101%
123
15
106
v
106
noya
Union
30-year
»
107.;
V.
100%
■
104 y8
118
no
V
110
M-N
-2361 4
West Shore 1st 4s guaranteed
-2361
Registered.
-1949 ;
r Wheeling & Lake Erie RR 4s
'".J Gen & ref M 2%s series A——.,-1992
Wheeling Steel 3y* series C—.— -1970
-1958
Wilson & Co. 1st mortgage 3s
i_1960
/ Winston-Salem 8
B 1st 4s
—1941
j A Wisconsin Central 1st 4s
i
'105
,105
•
J-f
___j_1961j
series
Soutnern
,f
1
Co—
102%
103'A
A-O
Westinghouse El & Mfg 2y8s
103%
84
11
■
Southern
48
5%s
Maryland 1st 4s
Pacific 4%s inc ser
Western
,
r
■
'• 194
102% 103%
1950
4s
?'
103%
1981
Term
155
104%
103
M-N
——..—1969
Gold 4 Vas
PrBn
101% 102'A
M-S
M-S
.
1968
Gold 4Vis—
101%
F-A
;'r: 5v'-
!■':;
•
*„
(Oregon Lines)
'
108% 108 %
J-J
.—^.—1979
23/4S debentures ——.A.*——.*.1985'''
Penn
Western
102%
107%
8
West
107%
126
—
106% 106%
A-O
debentures
100%
—
'
105%
-
mtge
ref gtd
1st
mtge
Western
r
Southern Bell Tel & Tel Co—
,
'
115lA
10
102 Va
102
*103%
Central Ry 1st 4s
Westcutatcr
Gen
104%
'4
•101% 102%
i
>
109%
*119y8 122%
Washington Terminal 2%s ser A_..1970
'
101%
•
■
>17
•
RR
Warren
( Washington
79%
22
1st
Petroleum
Warren
100
76
Co
Baking Co
(subordinated)
74%
100%
'9
102%
*72%
J-J
,
i.
112%
J-J
mtge
Walwortn
'
1984
,
104
109'A
..1958
-Ward
>
101
226
'
106% 106'A
F-A
—
Bocony-Vacuum Oil 3s debs
79
*102'A 102%
J-J
tSASilesian-/4"! Corp coll tr 7s—;-_l»41
Skelly OH 2%s debs_.
1965
etd
74
81
99%-
24
M-N
Union Oil 2l/as debs
.—1954
2%s sinking fund debentures
1961
RR
74%
53'/8
100%
77
F-A
Seagram (Joseph E) & Sons 3%s.l965
& Nor Ala
•;
54 %
53%
52%
•
53%
■
.—1935
107%
98%
—
M-S
4s inc series A
Gen mtge inc 4y»s series B
1st mtge 3%s ser B
A'-J.A'
Shell
South
6i
61
99'A
ctts
106
104%
*115'/a
M-S
_1975
5s
cons
Gen
53%
78%
79
105%
2
13
Wabash RR Co-
•
39%
33
' 33
:
•
119'A
39'A
M-S
—
..'.v
38
106% 106 Va
..2003
1st gtd 5s.
Virginian Ry 3s ser B
120
39%
;
30
.
73
.
*98
wi———,
107
9
w
86
••
•
2
:■■:•
72
wi—_—
A
ser
'L'j.
■
72
deposit
RR
ser
mtge 4yas
tASeahoaru
%
68%
t
r
52
67
73
1933
107
103'A
,
102% 103
f
133
86%
51%.-
51%
Bank)—^
1st gtd 4s
106%
104
F-A
Coal & Coke 1st gold. 5s. ..1949
Iron
Va & Southwest
j..*.
;
51
72
M-S
104%
19
M-N
*'
99%
72
1945
.1''
28
105% 106
A-O
ybis
—1990
& Power Co—
ref mtge 2%s ser E_
&
1st
Va
\
■'
62
104'A
114 'A
51%
A
:j
105% 105%
104% 105%
Virginia Electric
114%
40'A
■*.
•
51
(Guaranty Trust)—
103%
104% 104%
...1959
,
Vandalla RR cons g 4a series A.. ..1956
«
Cons s f 4s series B____ ....u. .1957
100%
82
%.-;■'1
114,
(Chemical Bank)
series
of dep
A Ctfs
114%
A-O
•.
101%
32
rf'
9 7'A
72
--
*99%
A-O
—
(N Y Trust)
dep
6s
AClfs
v!
195G
deposit
195W
dep
of
cons
of
4s
•;
105
■>
72
19
•
*105%
M-N
Air Line Ry—
S A Js gold stamped—
i
v
35
103
103 ya
103
104%
M-N
ISeaboard
i
'■
103
A-O
1970
Pictures 3%s debs.
Universal
116%
114%
-
1989
gtd 4s
20%
35
RR—
1st
United Biscuit. 3%s debs—
v?-
50 %
108
*112
1941
gtd 4%s
' 2
■-
93
79'A
81%
1990
Depot 3yas B
E
N
L
J-D
—...
-
J
1;
';:-
91%
J-J
1952
1st cons gold 4s
Sh
C
M-N
1989
*34
51 Va
728
.
114
49
deposit stpd_.
Ry—
1970
;
,
68
9
66'A
;47
49%
M-S
.1978
.
63' M'j
61%
64'A
1
Pacmo
110% 110%
*103% 104
J-J
:
•
it
64
:
;
'I
60
61%
certificates,
bond
Union
1
61%
63
J-J
1950
IA 1st term b unifying 5s*_—
AGen & ref gold 5s series A—
-
■v
Louis-Southwestern
1st
y-;\:{-2%s' debentures
99%
Ry
deposit
of
96
92%
12
1967
Union Oil of Calif 3s debs*..;..
L
97
79%
''■^1
.
B__—
series
ACertifioat.es
|8t
81
99%
.99
—
■
ACertificates
103%
*94
A-O
J-J
deposit——
series
102'A
,
106%
*95
J-J
1955
A
ser
Certificates
A Prior
104%
*102%
1996
—
Rocky Mt & P 5s stpd__
Louis
^-.37 4';
V; 106%
106
106
A-O
...1945
tfAUnion Elev. Ry (Chic) 5s
*
~
reorganized under Section 77 of
bid and asked prices; no sales being transacted during current
selling flat.
"J
•*
week.
:
NEW YORK CURB EXCHANGE
WEEKLY
NOTICE—Cash
in
and
deferred
delivery sales are
which they occur.
footnote
in
In the
a
following extensive list
Nov.
24,
every
the
and
week
in
ending
the
*'•'
•
York
or
^
«TOCKS
New
present
security, whether stock
disregarded in the week's
No
account is
furnish
we
Friday
taken of
(Nov.
30,
bond, in which
A
D
F
Aero
:
;
Motors
Wire
cu
Exchunco
warrants——.
commou
Co
—
; B.—
Associates
Air
Investors
Inc
—
RANGE
Week's
Great
Power
$6
preferred
Alles & Fisher
I—
$7
ENDING
*
"-v.
itself, and is intended to include
;
,
beginning on Saturday
^
....
NOVEMBER 30
STOCKS—
for Week
Shares
*
Low
Week's
Friday
.7%
Low
9%
27
,5,300
27
14%
,
5'A
2%
>
Jan
Nov
32
10%
Sep
14%
100
6%
19 %
Jan
13,400
25
>
3'A Aug
Jan
;
6%
Apr
1
Nov* A
May
17 %
100
5%
1,100
13%
40,000
5%
Jun
13%
'i
3%
Jan
9%
NOV
40
99%
Jan
134%
Nov
1,600
9%
11
Aug
2% Mar
36% May
7%
8
19%
Sep
18
•!
"
I
—
common
:
134%
121
121
109
110
11%
11%
•
20
,
115% May
20
106
100
6 'A
37%
Apr
Nov
<
11%- Nov
Book
Cities
Class
f
..
class
;—
A
.Class B
A
55
"5%
1
5%
60
.100
18%*
1
.17%
-
56%
119
23%
22%
118
Aug
48
Feb
29
Jan
60'A
Nov
Jail
11'A
Oct
8%
6,500
■
-
-
37
36'A
900
112%
100
60%
Jan
,
—28
-.25
1
52%
—
26%
Jan.
122
10
107%
Oct
110% July
60
6 %
1% Mar
46
.
1
-
—
-
<
Nov
.
60 y4
Oct
11%
Jan
25%
;
.
Aug
54
;
Nov
42% July
.
Jun
44
'47%
200
7%
7%
3,600
4
Jan
;
;
Nov •;
Mar
200
1,600
47'A
.
7%'
j
,Jan i-
Jan
86%
3,500
53
Nov
15'A
b ijight—
——w
Nov
.25
400
6
t
Nov
119%
Jan'
.19% Jan
1,050
60
18%
High
75
100 v
41%
108% 108%
.100
Mfg—
Power
Convertible
117
'
—
Co—
Central
American
20 »A
22%
118
American Beverage common—.—_
NOV
110%
,
..23%
Industries common..—
Aluminium Ltd common
6%
preferred
:
American
117
118
'
Aluminum
122%
Jan
Apr
A00
Mfg..—_—_—.—
Nov
American
131
———
Goods
Nov
f
'■•55
56 %
preferred—
Aluminum
5%
■
55
^
—
Alumimim Co common
{
Nov
1,500
.
•
Low
High
'
40
-
•
;Altorfer Bros Co common—
,
Nov :
17
f
.'Allied Int'l Investing $3 conv pfd_
.■Allied Products
(Mich)—*—*—— —10
Range Sinee January 1
; of Pricea
Low
9% Nov:'
27
25
Range
-
Sale Price
High ijvna
1,400
50
Last
York Curb Exchange
Range Since January X
High
10%
preferred
—
New
4%
Southern—
Co
WEEK
-Sales
Range
of Prices
nreferred__
Alabama
;r
occurred during the current year.
17%
—
41 reon Mfg Corp____
Air-Way Electric Appliance-
Alabama
FOR
shown
and when selling outside the regular weekly range are
from the daily reports of the Curb Exchange
compiled
16%
(N J)
common.
Convertible
is
It
dealings have
Last
25
'—
.Alnsworth Mfg common
Air
1945).
'
13%
—_
Supply Mlg class A
Class
in
'
Curb
Par
Acme
sales
any
Sale Price
ACF-Brill
they are the only transactions of the week,
computing the range for the year.
*
unless
complete record of the trans actions oil the New York Curb Exchange for the week
a
V
Friday
such
RECORD
AND I YEARLY
range
48'A
Jan
8%
Nov
.
2665
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4443
,Volume 162
NEW YORK CURB EXCHANGE
RANGE FOR WEEK ENDING NOVEMBER 80
y,-
.
STOCKS-
New
York
Curb
Week's
Pc
Low
American
Cyanamid Co common
10
American & Foreign Power warrants—
American
"
Gas
4%%
>
common
Electric
&
New
common
American
American
&
1st
i
Anchor
115
Nov
52/a
27/a
;/".'/" 75
26
44
44'/a
27
44
<
22%
/20
23
,
American.dep rects reg
46
6%
Sep
Jan
9%
Jan
13%
Nov
Jan
135
Jan
9%
11%
11%
.2,500
;v,
V
IX
6
s;;
■
6%;
4
Nov
Vo
49% Nov
<
Jan
12
3%' Jan
/
Nov
-
3
700
;
RR Co
20/4
K:'! 110
115% 115%
131/4
12%
.6%
13%
2,400
'»7%'
6Va
7%
16,200
60,400
10%
ioy«
241/4
271/4!'
13%
S13%
6%,
■
6% Nov
37
Jan
Jan
115%
Jan
14%
Oct
3%
Jan.
3%
Jan-
!
:
10/a
•
•
7%
.110%
Nov
Nov
City
Feb
City & Suburban Homes———
11
Feb
114%
Nov
16% July
27%
Nov
15
2,800
Oct
7%
;
Apr
3%
8% Aug "
% Jan
X
12%
11/4
88%
86
-1
7%
25%
Products—1
Machine—.
12%
July
104
7% Aug
.
-
Nov
12%
Jan
2%
Jan
17%
Jan
27%
J
Apr
18%
13%
100
10%
18%
1,800
Jan !
10%
Jan
20%
Oct
475
23
Jan
28%
Oct
100
16/a Mar
28%
/
10% Nov
400
26%
Oct
/
/■':
27
,.
Baldwin
1 Jo
\ 12
5%
5%
47%
Baldwin
Rubber
Banco de
los
American
15
Barlow
&
$1.20
Co
common
9%
Seelig
1
(L)
A
common
Brummel
1
S)
tiellanca
Ties
&
Commonwealth
Convertible
52
22
1
7%
3
100
3,500
preferred
7%
3%
5%
1.
20
20»A
Mar
Jan
18%
Jan
Sep
24%
Mar/-..
260
/ 36%
Mar
■/'
1 % Jan
f: 14% July
if
900
Jan
163
..
Conv
pfd
Bohack
7 %
-
|H
1st
preferred—•
called-
C)
Co common
;
6
Nov
Cos den
21%
10% Aug
15%
31%
Nov
-36%
Jun
Bourjois
7%
,
$5
1st
2d
Breeze
common
Brewster
41
48
145
27
•
\
"<
'!"-'
3 ././
-22%
Oil
American
Celanese
Amer
British
•
•
B
Class
A
Wire
$5 prior
Bruce
(EL)
Silk
Bruck
common
5
5%'
10%
Co
Buffalo
Mills
Niagara
Ltd
Hill
&
V
/•:'
'■•:,
Crystal Oil Refining common.—
preferred.
;
22%
7% "
10%
38%
Cuban
Cuban
Tobacco
Nov
Curtis
Lighting
Sep
Curtis Mfg Co
6
Feb/',:
Mar
.-V.
.
10%
/21
Jun
May
23% Jun
19/4
Feb / f
23 %
19%
Jan
22%
Nov
16,600
5%
.
2%
1,575
£6 prior preferred——i—
debenture
Sep 4
7%
/
Apr
Nov/
Detroit
Gasket
Nov
6%
preferred
&
Mfg—
Jan
11%
Nov
Detroit Gray Iron
300
24
Jan
34
Sep
Detroit
Mich
1,000
20
Feb
41% Nov
Detroit
Steel Products
5,500
5%
1,100
3%
Feb
9% 1 Jan
15%
10
1,900
100
trust
Cables
certificates
(Jan
105% 106
20%
105
70O
.
-50c
Wireless—
&
dep rets 5% pfd—£1
Sugar Estate—^.
—-1
California Electric Power*.———. —10
Callite
Diana Stores Corp.—
Camden
Fire
Corp__,
Insurance
Canada
Bread
Canada
Cement
Co,
8
Ltd
67,100
10%
11,600
3
9%
8%
10%
10%
Nov
•
1,600
4%
Nov
Canadian
Class
A
' 3%
'
:
-3%
-
preference——,
Industrial
12%
Jan
-
Dominion Bridge Co
;
TWuninion
Nov
10%' Nov
voting
For. footnotes
see
,
4%.
"4 ■/.., 4'""' *
r
8%
"9
11%
11%
11%
11%
14%
25
25
2
7,700
.15,200;
.
page
3,200
35
1,000
10
27%
9%
111%
•
Nov
81
Jun
/
116% NOV
10%
Oct
Jan
Jan
25
Nov
2/a
Jan
6
u
75%' Nov
8%
•'
,5
Oct
118%
43%
1,975
j
43 % Mar
•24%
«
9,700
Nov
16% Aug
4% Jan
38%
10%
Nov
3,100
13% Jan
f'
Nov
4,300
/
108% 111%
29% Nov
/
102
Sep
300
15
Jan
27
13%
12,200
jt«
!
106
1%
16,300
32%
2,600
7%
6,900
2
,/
90
84
Jan
5%
106
5%
/
:
Nov
Nov
*
•
,j.
Nov
;|
Nov
"j f
8/8
nov
2%
.5
14% Mar
.
.
Feb
109
// 2% Aug
/
5% Nov
5%
26,400
41%
41% : 43%
525
30%
30%
32%
23,700
124
4%
3%
4%
112,600
1
Jan
4/8
,
•!. \
32%
Jan
106
29
•;•
Jan
1%
6%
Apr
.
13%
■
6% Aug
25%
1%
7%
113
860
12%
:
31
-
.
if.
I
45
Nov > j :
Oct
10%
Aug
,32;.
32/4
Nov'.?"1
•Nov.; <
Jun
8V2
.
11
10%
11%
14
13
14%
/?
9%
■
7%
30
"5%
;
:
20
8%
58
4,900
.
32
13,800
27%
30%
1,300
10%
10%
150
15
15%
400
41%
45
Nov
9:'\, Nov
Oct
Apr
32
20
/I
,
32
Jan
2%
700
58
,
's
*
; J
] i
.
20
Jan
25%
50
5%
29%
31%
3%
1/
:
15
,
Jan
15
i
Nov
11% July
July
7% Mar
r
700
30
5%
8
4,600
5,600
Nov
11/4 Nov
10% Nov
11,500
-
9%
9
19%
8
800;
1% Jan
1,800
13,000
•4% Nov
7%
r-
10%
13
Dominion
Tar
6% Oct/' j
Oct
72
Apr
22% Mar
32
Nov
.j f
12
30% Nov
<}
Aug
4% Mar
..
10 %
1
!
11%
Oct
15%
July
Nov •; »•
Co
13%
13
15%
11%
148
13/8
1
*
~4%
~5%
14%
82
8
Apr
Sep
16
Jan
3,100
23
15%
150
Apr
138
200
9
~5%
25,100
10%
6,400
38%
100
37
35%
37
12
12
19%
17%
19%
142%1
14
25
21%
31
31
48%
48%
1%
Jan
400
10%
39
Jan
25%
30
5%
Jan
5%
27
38
Apr
10%
100
Feb
12%
13%
Oct
19%
■•v
5,100
'-/'■•'!
■
.18%
Oct
.
11%
20
19
,
Jan
:
52
5%
5%
11%
6%
28%
;/4%
12,200
11%
Apr
25% Mar
5%
11%
:
34%
Jan
100
/
6,300
6%
:
13%
Apr
15
Aug,
■*
15:.
67 /. May
•
525
96%X102%
74
38%
59
GO
100
102
102
50
60
-
84
•
xl02%
Apr
-
Jan
.:
-Jan
66
,103
'
8%
Am dep rets ord reg l————i-£l'
B
Jan
10
38%
.10
class
40%:
.,13%
Apr
300
150
./
7/2
20% Aug
100
Hosiery
46
45
5%
15,800
Co Ltd——*
Ltd—
Corp
Durham
15%
142% 142%
12%
13%
22
•;■■■■■
p.onn
120
22
B-——28
Dunlop Rubber Co Ltd—
^
Jan
Jan
22%
4,600
; 35% Feb
Ltd—————•
Ss .Chem
Textile
Duro Test Corp
Nov
6% Mar..
J
Sep
6% Jan
.
k
Sep'
,16% Nov
Nov
?
11% July
,14% Feb
!
100
2,800
8%
29,800
2/s Jan
99/a
925
78% Feb
,
9/4 Nov 1
8% May
3% Jan
153A
7%
,7%
14 / 514%
15 34
1534
common—
common
7%
}
Nov
Jan
20
10
•1
/.■. 4% May
,
43%
1
Steel & Coal
j Duke Power Co
Nov
\3% Jah
j
""!' !30O
...
5%
.Jan
Jan
25
July
5
Duval Texas
Sulphur
14%
—
4,100
Nov
5
July
Jan
8%
-100
108 ya
East
Jan
108% Apr
Apr
8%
prior preferred
>
"""•
;.
Eastern
29% Nov
Malleable
Eastern
25% May
8%
Gas A Fuel Assoc common—.—*
4%%
States
99%
*100
preferred5
—29
Alcohol—
voting—*—.—_—
non
»5%
—
*
Class B
75%
24%
5%
25%
i
;
Jan
1,600
33%
.
Sep
IO6V2 May
5% Apr
9%
i
17% Nov
,/ 3% NOV
114%
30
4%
10
Domestic Industries class a com———)
Nov
3% Nov
Jan
preferred
749'
Feb
15%
1% Jan
11%)
common.
6/2%
preferred
—
Canadian Car & Foundry, Ltd-
Participating
67%
20
;
Nov
4
Ltd—
Co
Feb
1,800
Nov
4%
Jan
112%
22%
Distillers Co Ltd— / //
//; //;
Am dep rets ord reg—i
——£1
Divco Corporation
—
1
Dobeckmun Co common—
—.1
'■;•
•
22%
10,000
'2%.
14%
Tungsten
,
Nov
i«
38
Jun
7%
68%
•
5%
—-——10
————10
De Vilbiss Co common
Sep
Nov
Jan
21%
2%
<
1
2,000 '
9%
10
Nov
106%
10%
American
Calamba
Oct
Oct
101
Jan
11% Jan
350
81
75% ;
common——_J
10
Co
Stove
45%
Nov
-2%
5%
"4%
3%
80
24%
—50c
1—0
50
| Driver Karris Co—
Voting
Nov
1/64 Jan
27% Jan'
35
9%
Jart
Mar
Draper
Cable. Electric Products common.. —60s
r
Nov
,7%
46%
Si'y H Jan
3,600
9%
—20
Foundry.———-1
38%
I Dominion
,
/
24%
112
*
——1
Derby Oil St Ref Corp
Aug
4%
25
Jun, //
11%
'
,!/• 37%
Oct
71
4,700
,116% 118
——100
—
10%
14%
-21%
25o
May
4
'/ 31.
Mfg class A common
Denmson
30%
I
•
8
350
16%
3
80
-*
—10
—
9%
15
—
Nov
v
34% Mar
/
& 1,637,100
4%
22%
116%
X——1
Class A convertible
Nov
33
2.50
3% Aug
•
Nov
D
Davenport Hosiery Mills
Dayton Rubber Mfg
35
20% Aug
91
12%«
Nov
,
f
Jan
Nov
29
105%
Sullivan—
,
•
Oct
8%
*14%
Jan
Jan
/- 70%
7 /
Jan
3%
41
Jun
10%
•
Corp Am dep rets
rturry Biscuit Corp
"Butler (P H) common—
28%
/ 11%
600
38
16%
common——2.50
•
Inc
(Mo)
37%
"
9%
Burma
Nov
23% Nov
Jan
5% Aug
1,150
3,000
3%..'
——100
50
1,350
4/8
3./
Sugar
—
8
common—.——*
Atlantic
Nov
Nov
6%
/ 25
7%
37.
24%
Drug Co common—
.—-25c
convertible preferred———28
Nov
Corp—
/—
preferred
Bunker
23%
6%
30%
*
Electric
"
5%
3%
6,900
0
Buckeye Pipe Line—
Jun
Jan
*:/
»
v,
-
Crown
;
4
Sep
Jan
\.
20%
1
26% Nov
7% Nov
22%
400
99%
16%/
Miiner & CoPetrol (Md)_.—..——8/
A———*
79%
%. Jan
•
common
common
Jan
35%
41,100
5,100
41,100
44
%
(ord reg)—£1
———8
Brewing Co-—-—;——
1
$6
.
•''.,'
Nov
48
Nov
12,500
21%
.,
3%
1
Nov
200
31%
5%
42%
4%
Cent
29%
400
7%
1
13%
Jan
500
./.*
7
5%
32
Cork International
Jan
2% Aug
.■
38
common——1"
preferred——.50
Crown
12%
15
6%
7%
.'• e
Crown
Nov
20
22%
3%
;—*
preferred
Brown Rubber Co
Petroleum
virvwiey
44
•
Distillers
8%
14%
97%
———.*
convertible
8%
10s
;
class A
preferred
Forman
Feb
;
'
Brown Fence St
Brown
Power
—
65%
13%
43%
.50
Nov
145
1,000
21%
21%
£1
dep rets ord reg_
Columbia
Class
62%
Jan
,8%
•
150
26%
Dejay Stores common
,
49
;
Nov
19% Jan
3,600
48%
"
Nov
17%
,1%
55,700
;
Jun
,13%
142
Jan
9
250
7%
20/8
37%
.-1
Sep
Tobacco-
Ltd—
25%
6%
13%
Reynolds
56
Jan
31%
&
28%
'
1 Jan
100
22%
£1
Jan
500
>
Oct;
8%
1,600
20%
v
Crosley Motors Inc*———-——-'1'
Nov
•
31
dep rects ord bearer.
Am dep
rets ord reg
British
Nov
9% Jari
5,800
24
57%
Jan
53,800
.;■/ 9
10%
•
Am
:
5%
Jan
17
Co___
11
110% Mar
60
Nov
:
,
29% Nov
144
Jan
100
/
16%'
Nov
136
Jan
117
Oct
2%
"
~5%
•
13%
138
15%
Jan
16%
1,450
American dep Teceipts
32
4,450
36,900
6%
21% "23%
Aeronautical
American
.
.4
4%
1
<•
Nov
85
,
13,800
•
Nov
50
Sep
% Aug
460
29%
142%
8%
Creole Petroleum
110
90
Brillo Mfg Co common—
Class "A—
—
British
;
15%
3,700
:
79%
68
5%
23%
•
common
27
27
3
73
•
Bridgeport Oil Co———
British
51
200
i
100
Traction Lgt Si Pwr-
Corp
Jan //
3%
1,200
141
48
—*
preferred-—.—
preferred
Brazilian
56/a
267/e
25
Inc
Bowman-Biltmore
.
56
145 ;/
136
13%
—
Courtsulds Ltd—
Nov
Jan
38,100
Co—
preferred A
2%
Nov
10%
55
100
144
11%
18,100
65%
-100
preferred
Cornucopia Gold Mines
$6
15% Jan
26%
—•
preferred
300
2%
13%
-
Nov
Jan
34%
'
Nov
22
.,.!
Coro Inc d
Jan
1,425
*
Borne Scrymser Co__
19%
:
Feb
112
1,800
-
•
Copper Range
46
9,20Q
56%
50
Z
Nov
,20
10% Jan
16% Jari
13%
13%
Cook Paint & Varnish Co—
/'/
-Cor.» '.on
15%
3,700
prior
Feb
27%
•
800
200
-
Feb
8%
,200
144
Xl5%
27%
:
(8) St Co
Blumenthal
>.
'
26%
& Machine Co—-—1
7%
Nov
31%
5%
20%
•
136
Co————1
Biscuit
Continental Gas & Electric Co—,
46%
14%
// 5%
22
44
34%
/
7% Nov
3% Aug
145
25%
5%
43,200
18%
140
Nov
25
1
Nov
wartants—
Southern
preferred
Croft
Blue Ridge Corp common
$3 optional convertible
Nov
6
125
28%
142%
100
Si
Continental Fdy
'
14% Aug
53% Nov
18^e
31%
15%
Nov
32
2
136
<kVa%
Nov/
135
•"30
97,600
Oct
27%
1
32
Aug
42
-
Royalty Oil—————-10
Consolidated Steel Corp——;—*.
Consol Textile Co
—106
Nov
^25%. NoV
Nov
'Nov
Aug
13%
Consolidated
Jan
■
common
'
Nov
10%
35%
109
3% Aug
49
Feb
80
6
Jun
18
25%
Nov
100
20%
20
Apr
Aug
18
16%
>4%
/
15% Nov
Apr
10,500
'
39%
39
U
17%
63
185
20%
8%
8% Mar .' i
1,500
163
•/• 35
39%
1—*
common
6%
Apr
240
12
12%
-5%
600
/ 22%
35
122%
6
18
15%
Nov
15%
1,700-
53
:
160
*
Inc common
1
Birdsboro Steel Fdy & Mach Co
com—*
Blauner's
common
—.—.—;
•
W)
-
163
_100
common
Bickfords
(E
9%
;•
J<"- 9
53
22
Oct
Feb
32
"2%
Consol G E
Apr
106
1
Berkey & Gay Furniture
Bliss
150
25%
.
Nov
18%
32
144
Public Service
25
Service—
Compo Shoe Machinery—
V t c extended to 1946———-—1
Conn Gas & Coke Secur common——*
Nov
Aug
/10% Jan X
'
1
common
Hedges
14
107%
4%
20
43
.Feb
48
43
68,300
9%
8%
21
10
Corp
of Canada—,t
Benson
800
100
Shoe
Aircraft
Bell Tel
9%
•
Mills Inc common
(A
100
9%
8%
Apr
Apr
12% Jan
29%
22
J
li P Bait common———*
series B preferred—100
preferred series C—
.—100
Consolidated Gas Utilities,
—_—1
Consolidated Mining & Smelt Ltd—0
Consolidated Retail Stores— — 1
29% Jan
40
6,500
19%
19%
5
Inc
common
/j.. 7% 1st preferred
Beaunit
-
6%
120
104%
28
•'
18
Community /Water
Mfg—
convertible
Baumann
8/a
NOV
?"
Community
/
•/.
■
Corp
Basic Refractories
*
14%
40%
15%*
Andes—
Steel
Beck
47%
shares
Barium
Beau
45%
40%
Nov
11%
2,275
1,310
10
preference
$3
40%
Co
Oct
21
34%
33,000
.
Development
Consolidated
Locomotive—
preferred
Jan
Columbia Gas & Electric—
B
Babcock & Wilcox Co.
~9%
35/a
5%
ordinary———
Colonial Airlines
—1 /
Colorado Fuel & Iron wrnts (new)—
Colt's patent Fire Arms—
—28
Jan
4,400
27
"i%
•
Colon
Oct
251/4
9%
16% Nov
Jan
20Q"
91% 109
32
—
Nov
8
;
18
,
/
Nov
58%
26%
18
26/4
/
29%
——;—1
Co
119% July
Jan
7% July
118% May
160
;
17;
9%
32
•
Lights
Plow
Coeksnutt
.
Nov
88%
375
24
"9%
1•/
25
107
,
35%
109
>7%
Neon
Nov
Sep
14%
400
11,300
Inc————1
Mfg..—
—•
Cleveland Electric Illuminating——*
Clinchfield Coal Corp
*
-100
Club Aluminum Utensil Co———*
Claude
Jun
,
13
& Sons common———5
19%
/:
■
Clayton & Lambert
Aug
4
21,900
8
Controller
52%
Feb
Nov
8/2
118
Auto Stamping!—1—•
Clark
-
Feb
20,200
1 88%
7 :.:
J
preferred
17
250
50
—
10%
Jan
5,600
10%
3
101
=
10/4
pfd—100
.
42 %
19%
'
■4,200 .V
13%
"2%
3%;
10 %
120
1,000
11%
17
Chicago Rivet & Mach—
———4
Consolidated Mining---*.
---1
7%
Jun
16
106
JChilds Co preferred
—,-100
/// Cities Service common———J—10
v
$6 preferred
-————•
'■
60c preferred B———
-*
$6 preferred BB
Nov
7%
Jan
19
Proaucts——
Chief
.
Oct
lll/a
,
:
1,700
27%
•
Co
Corp-.
20% May
Jan
12
100
10%
pfd—100
5%
Power
Steel
3
Cnario ooip common————10
Cherry-Burrell common————5
Chesebrough Mfg—..
...———25
11% Nov
••*17% Aug
/
5%
5%
—*
Ayrshire Collieries Corp
!,
York
Ohio
Chamberlln Co of America—
6% Nov
'/.•;/! .5% Jan.
May
24
Aug
18
18%
33
19%
•
Oct
%
£1
Fisheries
Voting
Jun
4%
Nov
Mar
& Co—
Light 1% pfd—100
/ / Central It South West Utilities—.—50c
,i
§Cent States Elec 6% preferred
100
/-'./ ■ 7% "preferred —————100
/
Conv pfd opt div ser—
100
v
;
Conv pfd opt div ser 29
100
/ / Cessna Aircraft Co common—
—J
Nov
>
28
Central Power &
5% NOV
43
53%
11%
i:
3,800
7,200
9,800
10%
6%
Adas Corp warrants
Avery (B Fl
Central
6
Jan
52%
15
Jan
16/8
11%
.
-10
Corp of America
——
1
Maine Power 7% pfd—.JJi.100
Central New
,
Associated Laundries of America.!
Tel & Tel class A—
:
;
Jan
Central
1
Nov
1%
600
,
116
■
•
;
Industries—
Coast
Jan
41% Jan
•
Associated
Automatic
r
18/a
43
10%
Automatic
31
•
114,400
10
Plywood
.1 %
400
8%
Light $7 preferred.*
Aro Equipment Corp
2.50
Ashland Oil & Refining Co
1
Line
r
120%
Power &
Coast
Nov
2%
——1
preferred
Atlantic
24%
2%
7,
Atlas
Nov
8
«•
&
20
1,200
89,200
—£1
Natural Gas common
class A non-voting
Coast
Nov
High
61,000
19%
52
Chicago Flexible Shaft Co common—*
Common
Birm
Oct
Jun
98
43
17%
„
46
Appalachian Elec Pwr 4%% pfd—100
Inc
ir—.
1
Atlanta
26%
29%
Jan
8
Argus
Atlantic
Jan
Apr
(A M)
19%
15%
*
Products-
Castle
Catalln
Range Since January 1
Low
5%
x26/a x26%
19%
—•
——-X
Co com
Casco
,
/
Nov
.
17%
2%
&
Electric
July
45
(J W)
carter
27% Nov
Jan
25%
40O
9,800
1,200
•
Associated
54
Mar
200
;
*-•
Apex-Elec Mfg Co common
6%
32%
J
/ 48
47
-
181/2
•
Am dep rets ord reg
Angostura-Wupperman
Arkansas
18
150
5%
42%
2
Fence
.
Shares
28
*
•
——•
class A————
Co
Carnation Co common
//■ Carolina P & L $5 pfd-.——
Nov
15,200
Anglo-Iranian Oil Co Ltd—
Arkansas
-47% May
'
600
.,
23 *
'•>* 4%:
48
10c
Writing
14%
St
Class B
49/a July
51,
:—.10
preferred
Paper-common
Jan
Jan
:
28%
•
com
;t
-
23%
28 y®
common
8/a
41%
300
City Products——
Carman
'
5
Post
Aug
•/!;■/' 725
23%
Thread 5%
American
Xlll
141/a
49
J.; 28%
So series preferred
.American
125
26%
Oct
14
.———1
Republics
43
46
—*
Superpower Corp
$6 preferred
Jan
25
Chemical
American- Seal-Kap
Amer
Co-
V 31
23
Meter Co—.
Potash
e/ooo
52
//
———-—25
Maracaibo
American
American
42
H41/2 114%
*■
-100
24% Nov
———i.—*
3%
5%
Capital
for Week
of Prices
Low
High
Par
,l
Canadian Marconi——— ———X
2% Nov
450
14
20
,
Jan
<j-';
Sales
Range
Last
Sale Price
Nov
24
47'/2
1
25
Laundry Mach
Americc.n Light & Trac common
6%
preferred
American Mfg Co common—
17%
13.200
50
39%
—100
convertible preferred
Hard Rubber Co
2%
36% July
3*2
Jan
6,800
2
42
Corp common—lOo
preferred
—1
American
.49/2
Week's
Friday
New York Curb Exchange
23
--10
American
/■
Range Since. January 1
Low
High
High
47/2
2*A
General
convertible
$2.50
48V2
•
preferred
American
$2
Hoe
&
Shares
STOCKS
lor Week
7
1
Sale Price
Fork
Range
of Prices
Last
Exchange
"
Amencan
Sales
Friday
•
78%
—100
Iron
—
6%
98
76
81%
.,3*250
11%
800
\,
6
Jan
13% Nov
$7
preferred series A—.
5%
Apr
13
$6
preferred
Nov
series
B..
■:
"4%
4%
5,700
5
Nov
82% Nov
Jan
1% Jan
42% Oct
5%
NOV
74
75%
300
47/2 May
•75% Nov
70%
74/4
700
4.7
-May
,74/4 NOV
'
V
11%
8% NOV
100%
Feb
46%
33%
—28
———•
Corp,
..
•
"74%.
2669.
—
*
-WJ •<*
*■
Fi
THE COMMERCIAL & FINANCIAL CHRONICLE
2666
EXCHANGE
NEW YORK CURB
RANGE
Week's
Friday
STOCKS
Now York Curb Exchange
Last
of Prices
Eastern
$5
Sugar
Easy
Bond
$5 preferred
13%
14%
26%.
20
21%
50,100
9%
Jan
75%
*
•
73
75%
300
70%
97%
Nov
75%
105 %
NOV
80%
&
Power
warrants
Option
Elliott
Co
1,700
8
400
17
Nov
26%
Nov
21%
-—
Line common
Eversharp Inc new common—
102
Engine ft
$2.50 conv pfd
Jan
140
5%
Nov
35%
Jan
45
Nov
Illinois
15
Jan
33%
Jun
Imperial Chemical Industries—
Sep
52
Oct
4,100
500
15
3%'
;
7%
.
Oct
Z
15%
15%
32%
32%
100
42%
47%
15
4
Am
6,100
14%. 16%
16
5%
5%
81
25
Nov
17%
33
May
30%
rets ord reg
Ford Motor of Canada—
dep
,
Oct
13
13%
7%
100
64%
7%
7 Vb "
,
voting.
■
Feb
106
Oct
Jun
27
Nov
July
75
Jan
8
May
May /
56
5%
2,400
7
Apr
11%
:
Oct
Nov
6Va Oct
843% Oct
"23
Oct
23 Vz
7,650
25
14%
(Can)
—
%
Jan
coupon
::
-
•
/ 22%
Jan
Jan
28
3%
Jan
Franklin
Stores
Froedlert
Grain
Fuller (Geo A)
8%
7%
700
v
,
26
26%
14%
1,900
2,600
19
Co
18%
19'//
28%
28
28%
350
32%
32
33%
950
173/8
—.
——
553/4
preferred
Jan
f;
131
131
10Q /
.'-19
5%
12%
Co
power
common.
preferred
Power $7
14%
P.
19,100
14%
900
7% Aug
9% Jan
87%
2,100
3%
Jan
1%
9
10
9%
8
10%
24,800
18%
200
5%
13%
7,400
Public
Service
General
Rayon
Shareholdings Corp
Co
convertible
$6
9%
25%
(F L)
Nov
Jacobs
Nov
13
/
14% Aug
18'/a
Preferred
Gilchrist
80
7%
Gleaner
9%
Godchaux
22%
161
Oct
1%
29%
200
Xll2%
Sep
116
Jun
52
Jan
100
Oct/
10
57
Jan
100
Oct
,
;;'
95
92
12%
14
23%
25
1,300
19% Man
2,000
19
Jan
68
Nov
203/4
Feb
28%
Nov
25%
13 %
Nov
■23%
111%
-61
62%
V22
1,850
85%
Feb
113
Nov
7,625
12%
Nov
Z 14
Nov
25%
1,300
9%
Jan
x20 % x20%
13,300
18%
Sep
18%
Oct
10%
123/8
43/4
35
3,300
5
3,700
39%
;
.
36%
500
■2%
-1%
2%
53,200
15
Jan
5(4
42
23
22/
23
24%
25
6%
5%
7
—•
66 %
67
66
3,400
I:-!
B._.
$4.50
prior
*
preferred
Goldfield
Consolidated
Goodman
Mfg
Gorham
$3
Mines
1
—
Co
Jan
2Vs
500
v
1%
'
38
1,000
&
Co—
Corp—
103
X i%
;v;
.
.
.
Mfg
7%
-100
_100
—1
1
pfd B_
Klrkland Lake G M Co
Nov
Klein
Nov
Klelnert
Jan
Knott Corp
Nov
Kobacker Stores new common—
5%
Emil)
(D
;
Co
24%
Sep
Oct
13%
Nov/;
3>/s
1,700
1
Jan
3
.
v
4yB Mar :•{
100
ill 2 3/4
113
*<>
28%
28
Nov
20%
Nov
108%
Nov
111
Nov
108 % Mar
114
Feb
•"
Nov
■■■?
11%
1,400
1,900
108
113
20%
Jan
Jan
107% Mar
19%
16%
108
43'A
104
213/4
100
Jan
293/4
Feb
13
'
■
■/- 80
-
6%
9%
*
74
8%
73/4
7 9 %
1,700
34,700
24%
22%
21% .^2%
?|:
NOV
:
Jun
Gray Mfg
Brewing
9Vz
Jan
K
II
Jan
23b
Nov
^
Jan
24%
Nov
22%
Oct
;
29
Nov
/
14% Nov
ij
7
Apr
:
V 16% May
*
700
14% Mar
8% Aug
14%
14%
300
20%
14%
1/
21%
7,400
15 Vb
Jan
100
Jan
9
Jan
47
July
Jun
106
July
Lakey Foundry ft Machine.
Lamson Corp of Delaware.
Mines Ltd
23
Northern
7%
Jan
52
39%
Jan
56%
Nov
22% May
37
Aug
7% Mar
13
Nov
Apr
20
July
Aug
21%
Stores
stock
2,700
12%
600
18%
17%
18%
1,800
10%
20%
17
21%
11,100
8%
•
116
116%
117
28
•
Products
25o
common
$4.40 pfd
Alabastlne
134% 135
V
Prior
Oct
Feb
Lipton
47
Oct
Lit
24 %
Nov
Loblaw
15
2,700
10% Mar
15
13
15
1,200
13
13
7% Jan 4''
109
July ,4
Feb
8
50
Lionel
114% Mar
13
Locke
1%
Hamilton
14%
Bridge
Hammermill
8
Paper-..
Hartford
Electric
Hartford
10
Rayon
Harvard
Hazeltine
Hearn
Hecia
ctfa—1
7%
41
44" 35%
41
6%
i
8%
.4 6%
non-vot com—1
11%
Corp
m
7%
common
Groceterias
5y%% preferred
Henry Holt & Co
Hey den Chemical
w
w
Steel
ctfs
Consolidated
Holophane
Horder's
Hormel
Horn
Co
common
«
Inc
ft Co common
—•
Stores
173/4
100
203/4 Mar
43
Jan
17
&•
30
103%
Jan
108
1,300
53/4
Jan
38%
1,000
193/a
Jan
33
21%
21%
100
38%
40
280
:
■
-
1
I
_
i
39
325
'37%
37%
2,050
28
29
150
46%
45%
46%
7,900
11%
11%
12 %
3,400
Co..
32%
29%
323/4
1,100
48
47
48
see
page
f
18
16
'
18
350
400
Nov
4
Nov
I
1,200
28%
Feb
43
Oct
13%
Feb
24%
Nov /.
43
Oct
/
600
23
22 %
500
12%
6,000
Jan
22%
Nov
Feb
30 %
Apr
|j
2%
Jan
13% Nov
f:
14
common
4 Nov
39 %; Nov
15%
!
15%
15%
6,100
743/4
Jan
Nov
Jan
Jan
20%
Oct
Mar
41
May
Jan,
Mar
130
393/4
113
May
O
913%
.
„
913/4
H%
111% 111%
H%
:
37% /
1
—
37%
Jan
153/4
Nov
II
750
2,450
21,300 <■':
10 /
/ ' TOO /.
38
2%
Sep
104
85
July
80% Aug
i
92%
I j
|1
Nov
Nov
Nov
>'
11% Nov
7
Aug
109%
Oct
114/2
Jun
Jan
41%
Oct
1,32
•
7
33%
"
83/4
5,100
34%
1,600
2% Mar
:.
j1
j.
33
v'
/
200
'6%
6%
10%
103/4
11%
1,100
3%
1
v t c
■// 3%
3%
14,900
13%
•
Massey Harris common
13
13%
1,500
|':
Nov
35
Nov
:-
205
Nov
4j,
Mar
17
•'
8%
Jan
Jan
14%
104
Co Ltd,
Mass Utilities Association
:
8%
33%
-*1
\
18
Jan
40
63/4
5% Aug
8%
1
Mar 1
i!
Oct
j.
Jan
3%
I;
Feb
V13% July
Jan
•
I
{
Nov
7% Mar
95
pfd— -100
/
_•
common—1—
McCoIl-Frontensc Oil Co 6%
McCord
Corp
18%
18%
20
■
2,100
45%
44%
45%
225
40
Nov
Sep
7% May
•
290
-II8
Merritt
Chapman
9
common
ft
Scott
50
Feb
13
Nov
Metal
Nov
Jan
42
Sep
48
Nov
20
Oct
Textile
200
4,200
17%
100
Corp
Participating
preferred
Michigan Bumper Corp
Michigan Steel Tube
1
-
25c
IB
1
2.50
18%
8
83/4
110
-
-73/4
9%
57
8%
18%
293
110
-
6%
8%
55
8
-14%
540
-■
9% xl2%
177
213/4
-
6% %
265
Xl2%
9
Warrants
33%
Nov
16%-
.17%
—
A preferred
Messabi Iron Co
29
103/4
Jun
Dredging-
Johnson & Co
33,400
240
200
213%
3,900
83/4
400
130
110
73/4
54,500
95
Mar
7
Jan
22%
46
36% Mar
12%
'
Mead
Memphis Natural Gas common
106
40% Aug
McWilliams
Mercantile Stores
Oct
Jan
9
$2.50 preferred
Oct
Oct
7
10%
^
Oct
193,000
85
11%
*
Ol/n
97% 102%
102
pfd
Jan
25
23
30%
/
Oct
30%
Jan
■
Jan
37
14%
I
.;,.25%r\Oct
Mar
18%
Marion Steam Shovel—
"Aug
104
36
Corp
6tk purch warrants.
•
.
14% Nov
26% Oct
110
g
•
9%
124
38%
Corp
Communication
Nov
14
40
40
Sep
24
Mapes Consolidated Mfg Co.
Marconi Internat Marine,
20
—100
Refining
footnotes
14%
20
Fibre
Hussmann
Jan
108
Ligomer
$2.25 preferred.
Hummel-Ross
11
15
21%
Oct
1%
'
Nov
4,000
31
58,100
T
Mangel Stores common.
$5 convertible preferred—_
Manischewitz (The B) Co,
Nov
14%
1,700
130
4
1
M ///'
Nov
350
14%
40
6% Mar
27%
Manatl Sugar optional warrants.
Nov
10,000
b
Corp
preferred
For
17%
17%
74%
Oct
80
n%
Nov
17
iqO
(Harvey) Inc
Humble Oil
Com
8%
43
«
preferred
5%%
3% May
15%
14%
11
Mar
22%
/
12
Nov
70%
Oct
Mar
48
t
V
Nov
«
(Geo A)
Hubbell
123/4
50
34%
12%
4
70
Nov
Jun
14%
M
Hardart Baking Co
Horn & Hardart common
5%
Nov
8
Jan
74%
G
&
Howard
67%
7
4V
200
33/4
42
22%
Exploration.
Land &
Jan
29%
14
'37%
Jan
Nov
800
10%
79
223/4
-*
preferred A ctfs of dep
preferred B ctfs of dep
Louisiana
Jan
1,200
9,800
25
: ;
"*9%
O
Lynch
5,400
38%
& Co class A
Hollinger
Nov
dep
of
Oct
3,500
/
17%
I
Hoe (R)
34
32
Island Lighting Co—
Nov
108
common
25%
y. 43
.10
common
41
41%
20
Nov
-8
l3/4
13,600
.
Chain
Aug
17%
_
common
23 %
V?
_•
A
Class
6
8%
14
13 % Mar
;32:/
10
27
6% Jan
8% Jan
14
—28
1
^
Louisiana Power & Light $6
16
Rubinstein
4,300
(Thos J> Inc 6% preferred—-28
Jan
Apr
9%
41%
-25e
23%
.8
Nov
12%
13%
Class A
Co
-
14%
8%
50
10%
X49
17%
Mining Co
Heller
1,000
v',8%
7%
Dept Stores common.
Helena
2,700
1,950
Light
voting trust
Brewing Co
.Hat Corp of America B
Inc
53%
Ltd.
Co
6%
14%
13
(R G)
s.-t
i
__
Development.
Lone Star Gas Corp
Nov
H
Co
Nov
20%
78
Corp
Common
Lamp
12%
93/4
Brothers common
Long
Hall
93/8
Jan
Nov
21%
13
Jan
6%
•'
Material Co.
117
21
50
Oil
Le Tourneau
140
21%
v
3%
5,400
Nov
Jun
//. 750
114%
15,200
12%
Realty common
preferred
preferred
Leonard
Jan
43%
113
<93/8
23%
1
7%
-11%
Convertible
35% Mar
42
//
:
——
Lefcourt
86
80
43
100
•
/
Wells Co common
127
// 375
'
——100
Paper
ft
30%
12
Oct
/' Nov
Line
Utilities
Gypsum Lime
28%
12%
/ 14
Tea—
Greenfield Tap & Die
Gulf State
Langendorf United Bakeries class
Class
B——1
450
1
Pacific
&
Non-voting common
1%
1st preferred
Grocery
Lane
Feb
1,700
|
(Cal)
Atlantic
Great
Jan
Nov
39%
14
i !-
,
May
9%
12%
2%
//
14
Jan
15% Nov
z?v:
21
Lake Shore
x55
30%
l'
U
15%
./v
99
100
—I
Co
71% May
13
28
pfd
Co
Grayson Shops
Great
conv
Varnish
i
i
•/./7% Nov
33/* Jan
5,500
>
29
Oct
75
14%
'27%
Feb
/82%
Jan
13
29
'14%
26
Nov
500
7
12
52 %. Jan
900
1%
21%
4?
113%
9,100
l%
v!
Oct
Nov
433/4
110
-r
if
Nov
Apr
113%
30
82 %
71
7%
V50
n.
Nov
Jan
Feb
1
Graham-Paige Motors $5
Grand Rapids
/I:
23
1135%
8»/4 May
18
1,200
L
Nov
7
Z
Jan
%
55
/
Nov
Jan
Oct
Nov
25
-■
—
1
common.
23
12
24%
.113% 113%
113%
—10
Krueger
39%
10
/
121
Feb
115%
100
11%
23%
24
24%
(I B) Rubber Co-.
Jan
>•.
/
v.:
116%
common.
Kresge Dept Stores—
4% convertible 1st preferred
.54
14
1
Jan
■:
Nov
47
v....
—.
common
Nov
83/4
19
700
.
-100
preferred
%$>
Kings Co Lighting
52% May
Jan
60,500
i%
preferred
Gorham
]
2,800'
*3%
8
J
;
.
Nov
13
110
?
Jun
13%
—•
(Walter)
20
3%
48%
105
•,
104
-BO
class A
Inc
36
104
—•
„
24
500
32
17% July
17% Jan
; 7,000
13,200
I
Nov
123/4
1,400
May
18
i'T
53% Mar
*
Class
Nov
40
Jan
23%
7
Jan
12%
100
1
J
123/4
23
Nov
23%
52% May
v
J
Jan /
24
6%
110
Jan
!
.
Mar;
Jan
/ 17% Jan
3%
,5
21% Mar
2% Jan
23
51%
34%
22
13
8% July
750
21%
Nov
5%
J an
v
:■
26% Nov
64%.
:
—*
preferred D
Kingston
Products
Kiiby Petroleum
109
Jan
;
•:/ 60
98
36%
5%% pfd—100
100
100
——*
116%
Jan
•
i
NOV
95
19%
21%
Jan
2%
300
32
4
Oct
107%
// 150
20
32
1
Sugars class A
Kimberly-Clark
115% Nov
10% Nov
:/ 92
150
22%
19%
Corp—.
-
Kldde
Jan
3,900
32
Inc common
Sep
15%
Key Co common.
Sep
Jan
109% May
Coal
Gobel (Adolf)
243/a
——8
Oct
84
2,700
5%
106
24%
Harvester
Alden
Glen
750
29%
93%
—
—1
—*
Inc
Oct
Jan
111%
•
12 3/4 July
93
43/4
....
Ken-Rad Tube ft Lamp A
28
;
132
—•
-
Co
Jan
1% preferred—100
Kansas Gas ft Elec
14
Jan
■
Gladding McBean & Co.
11
1143/4 114%
Co—-
10%
Apr
Feb
20
103
22%
IOO
K
Nov
6%
Gen Water Gas ft Electric common—1
Geoigia Power $6 preferred———*
$5 preferred
*
Gilbert (AC) common
•
Jun
•
Oct
Nov
8%
115%
4%
5%
106
I
15
/
:
Sep
11%
18%
160
9%
•
•
Jun
Jan
200
Nov
101
1
com
preferred
15
12%
13%
Nov
92%
Jan
550
c
112
115%
|j
1,800
Jeannette Glass Co_
ll7/8
1,500
9%
27
160
100
•
stock
A
12
9%
•
$6 preferred
General
.
25%
-10
preferred series A
General Fireproofing common
Gen Gas & Elec $6 preferred B
General Outdoor Adv 6% pfd
General
13
—1
General Finance Corp common
Nov
Nov
Kennedy's
17%
J1
—
7%
Xl3% xl3%
6% July
11% Jan
39%
Superpower A
98
14%
v
Jan
~9%
rets ord reg
2,800
-Nov
Gen Electric Co Ltd—
Amer dep
Oct
7%
Nov
95
.18
Irving Air Chute
Jersey Central Pwr ft Lt
6%
preferred
.101
Gellman Mfg Co common
General Alloys Co.
323/4
May
.
10%
14%
Corp common.
preferred.
13% Mar
.80
preferred
Julian & Kokenge Co
Garrett
3,200
12%
Razor B
Utilities Corp com.
7%
Gaimeau
30
,7%
20%
Products
131
•'
Nov
72%
20
Nov
293/4
34
33%
Jan
Mar
198
Royalty
—1
Iron Fireman Mfg voting trust ctfs—1•
Italian
Jan
53
15
1143/4
Investors
Nov
Jan
14%
3,200
29 Vb
shs—•
coupon
shares
$3.50 preferred
Interstate
5,700
Nov
■7/ 20
Jan
77
8%
Jan
•
—101
Jun
Nov,.'
12,,// 12 Z
"
10
Petroleum
International
Jun
134
10% July
17% Jan
—.1
—
$3 conv stock
:
4,900
,
„
25%
International
7% May
5 % Mar
24% Aug
3% Jan
150
12%
—1
—.
ft Malt common
convertible
8%
26%
6%
24%
13%
Registered
273/4 July
22%
13%
.1.21
(Peter) Brewing.
Franklin Co Distilling
Fox
Nov
18%
1
ft
International Safety
25
1,100
•
7%
6%
bearer-
Fort Pitt Brewing Co
Nov
72 %
-
International
Oct
France—
rets
33/i May
143% Mar
>
.
8%
43 Vb
273/4
73/0;
13% c
Warrants
Nov
300
26%
dep
High
Jan
Mar
18
,
•p
-fl
International Cigar Machlne.
Ihternational Hydro Electric— /:'/ :/
Preferred $3.50 series————80
International Metal Industries A
*
International Minerals and Chemicals—
16%
38%
2,550
63%
Aug
66%
—
11
,
96
25
Motor of
4%
3
'
26
B
Class
Amer
Co
rets regis
dep
66
18%
———£1
Indianapolis P & L 5%% preferred_100
Indiana Service 6% preferred100
7 %
preferred
-100
Insurance Co of North America——10
Nov
16
•
823/4
non-voting
A
Class
Ford
74,900
2,100
"
& Warehouse Co—21
Fire Association
(Phila)
—11
Ford Motor Co Ltd—
Federal Compress
Am
Zinc
Ireland
Oct
47%
Sep
'11
92%
13%
1
Manufacturing Co
Fedders
400 '
3%
1,400
33%
30%
72%
ctfs.
arrear
Imperial Tobacco of Canada
Imperial Tobacco of Great Britain
Nov
7,200
6
72
94
Metallurgical.
28
53/4
13%
Nov
54
Jan
7% Mar
200
15%
Brewing
Fansteel
Dividend
108% May
43
1,300
47%
Sep
10% Aug
1% Jan
22,900
52
50
.80
preferred
conv
19
26%
'
Palstaff
400
24
22
32%
Illinois Power Co common—
Oct
Jan
Jan
450
3%
3%
52
—
43%
%-
4,200
Zt/'
A
44%
14%
15
Airplane..
Low
83/a
5%
Rights w i
Fairchild
v
23%,.
11%
104%
Camera ft Inst Oo_
40
Range Slnee January 1
High
7-%
Oct
■W'
Palrchild
Shares
Nov
Imperial Oil
Inc
Pipe
'!•: 14%
Jan
500
50
•
10«
—1
1
SO
1
for Week
Low
43%
4,800
...
24%
25%
Jan
Jan
70
2,250
....
'6%
18
44
<44%
pfd—100
Equity Corp comhion
$3 convertible preferred—
Esquire
138
5%
5,800
50
Empire District Electric 5%
Erasco Derrick & Equipment
Eureka
.
.;16%
10
:
common
80%
136
5%
IS
preferred
5%
Huyler's common.
1st
preferred
Hydro Electric Securities.
Hygrade Food Products
Sales
Range
' v:
/ 8
Nov
'
74%
137
—
——I
Electrographic Corp
Elgin National Watch Co_.
—1
Week's
of Prices
Jun
73
j
;■■■
Nov
Jan
79
*
Light 2d pfd A——*.
new.*.
Last-
Par
Nov
24%
14
new
$6 preferred
Electric
57%
,
26%
common
preferred
$6
Jan
39%
95%
Share
&
preferred
$5
1,300
Friday
Sale Price
High
21%
B„
Machine
Washing
Economy Grocery Stores—
Electric
Low
57%
52%
...
York Curb Exchange
New
Associates—
preferred
30
Range Since January 1
High
Low
Par
WEEK ENDING NOVEMBER
STOCKS
Sales
for Week
Share*
Range
Sale Price
FOR
Monday, December 3, 1945
144
Feb
Nov
Jan
xl2%
Nov
Jan
200
Nov
13%
Jan
3%
100
;
Apr
3%
7%
Jan
3%
8%
110
Jan
Jan
11%
20
45
Jan
57
3
Jan
19%
7,150
2669,
(
-t
18
293
900
3,800
-
{
Jan
21%
8% Mar
Nov
Nov
Jan
Nov
Nov
Nov
9%
■■
'
I
Oct
91
43/8
-
Nov
Jan
8%
9%
57
Mar
Nov
19%
Nov
j
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4443
162
NEW YORK CURB
RANGE FOR WEEK
York
Curb
Week's
"'..'"IAS*
Exchange
>v;••/;;;
vv-v;
Michigan Sugar Co_.
—10
14%
13
15
25
22%
25%
18%
20%
1
3%
Corp
Midland
$2 non-cum dividend
Middle
Go
Midwest
Oil
Midwest
Piping
Mid-West
Miller
—
36
35
36
8
shares
40
39%
A
Cupply.
.
New
P
Molybdenum
Monogram
5%
5%%
11
5
$1.40
22
82%
Light
preferred—
Traffic
Penn
26
36
Nov
281/2
Jan
42%
Nov
2%
Feb
5%
Nov
11%
1,300
8%
Jan
Mar
12
Water &
Pepperell
200
35%
Jan
5%
Nov
1,900
14
Aug
24 %
Nov
72
66 %
72
500
46
Aug
r>
7%
86%
«
90
new
44
333/4
500
43%
17%
4%.
11%
,
5
com.
16%
•
10c
;
35,700
8,700
11,200
6o
44
10
9%
4%
100
•
.2%
—-—-—•
27%
45 :■
10 3/4
Jan
27%
27%-/
19
700
16%
16%
100
/129
■
10
L
Corp
0
Bellas
Hess
&
25%
1
common
6%
24
800
71/4
78,700
National Candy Co common
25
8%
32%
35
National
50c
22%
19%
22%
141/2
14%
141/2
11,900
.1
18%
17%
18%
35
25%
7%
7%
preferred
City Lines common
National Fuel Gas
National Mfg & Stores common
National Refining common
National
Rubber
National
Steel
Ltd
Union
14V
1
30a
preferred
Corp
(Herman)
14%
3%
Radio
Nebraska Power 7%
Nelson
15Va
12.60
National Tunnel & Mines common
National
17
19,300
5
8%
17%
V
25
X16
6,000
1,400
17%
Nov
9
May
'/
8%
Clock
90
100
100
-7%
Co
1,895
6
90%
1,975
63
29
25
21%
110%
"y
ft Arizona
1
7%
Land
6%
New Process Co common.
90%
10,500
Y
N
Y City Omnibus warrants
Y & Honduras Rosar<o.
8% 10
18%* 21%'
53 !' 60
N
Y
28%
Auction
Co
common
9%
Merchandise
31
1Jun
30%
.
75
2% Mar
,.
Nov
Jan
x5
Mar.
12
850
30%
10 :
Jan
60
Founders
Y
1
1st
6%
Class
pfd—
conv
~i%
•
$6
1
3%
-
Electric
28
—1
St Power common
1
7%
.27
6%
140
6%
Northeast
North
Utility Securities
Jan
133/4
100
28%
110
/•
:; .6% Mar
110
Nov"
13,000
8,200
Jan
V
■
900
3%
Jan
2
153/4
Oct
3%
19% Mar
17,200
■
/
1%
50
Jan
121
1
148
48%
47%
47%
600
36%
Feb
48
60
*
46^
~8%
51%
*8%' "9'/a
Sep
56
,.22%
1,400
8% V
1%
7,700
Jan
53/8
300
22%•'
Jan
11% Mar
1
Inc
of
46
40%
43% ;'
14%
12%
36%
36
America
Ohio Public
7%
4
class B common..
Brass Co
preferred..:
Service 7%
•
it-
—100
1st pfd
34%
1st
preferred—
1—;
Oklahoma Natural Gas common
15
Oliver United Filters B
.•
—...:
1
NOV
Salt
110% Mar
■
30,900
6 3/8
900
Jun
46
Aug
Nov
46%
Nov
Omar Inc.—
Overseas
i%
•
195,300
v/<
;/■
600
i
Class A
3%
Jan
12%
Jan
20
1,000 1
V
75
153/4
22%
Jah
961%
1193/4
117
V 40
40
110 %
600
•
29%
y 14%
300
24%
1,870
Nov:
Jan
Sep *
July
117
Nov
Jan
6
V
2,400
12
New
common..
40
Nov
Jan
6% Aug
10%
Jan
14% Nov
V
.
11%
Oct A
241/4
Nov ."
5 %%
1st
1st pfd—. -28
preferred
.25
Pacific
Lighting $5 preferred
Pacific
Power
Pacific
Public
$1.30
1st
ft
Light 7%
Pen
14
Nov
14%
Mar
38
Jan
42 V*
Apr
36
Jan
Motors
Co
footnotes
400
42
41%
42%
1,400
37%-^377/a
700
37%
107%
107
108
1123/4
112
1123/4
100
3 V
Nov
Apr
14%
Nov
10%
300
8 Va
May
10%
Nov
112
113
15%
110
20
•
91,600
24,200
13%
13%
137/a
16
20
70
70
70-
233/a
23
—1
..10
page
11%
59%
Corp
.
2669.
—1
Nov
May
Nov
118 %
Jun
Jan
17%
Jun
Sep
14%
16,400
157/e
108 Va 109
105
200
16%
300
23
23
18%
110%
Jan
17
17-
25%
183/4
Oct
13 %
400
Jan
13% Mar
75
.
17%
Nov
Aug
Nov
Jan
102
Oct
156
Jan
1651/4
Nov
13
Jan
14%
Oct
7%
Nov
76%
430
165
60
6%
7%
213/4
3%
3%
3%
31%
37
37%
59
59%
20
23%
37%
25%
30,400
'
29%
223/4
25 y/V
35
0
•
34%
35%
4%
450
,
-•
22%
3%
4%:
83/4
8%
9%:
2%
23/4
pfd D.
40
Apr
Nov
59% Nov
1
25%
Nov
22
Aug
30%
Nov
Jan
25%
Nov
19
Jan
35%
Nov
3A
45,000
•••
Nov
Feb
14%
>
37,100,
5,100
2%
= •
Oct
33/4
42%
Jan
52
600
1
t 0
V
17% Aug
2,775
f: 3,100
1
warrants
v
Jan
22
29% July
500
30
25
—...•
Jan
1,300
:
31
59
25
'■(
Jan
153/4
1%
1,250
•
31%
•
.-11/8
51,000
20%
7%
Jan
4%
3/4
Nov
9%
J.
3% Jan
•■;
NOV
Jan
2% NOV
105»A Aug
15
50
300
18
109
May
12
Jan
18
Nov
19%
105% 105%
Jun
500
16%
Aug
19% Jun
23 V* Nov
500
12%
Jan
23
6%
800
2%
Jan
4,300
£1
22
23
8
5
•:
23%
23
V.C
8
.
23
6
'■■■;
Nov
7% Oct
9% NOV
"ivi
8%
/9%
20 %
20%
100
18%
393%
17%
31%
397/s
3,900
18%
Jan
39% Nov
17%
183/4
50
17%
Nov
193/4 Mar
21%
—1
22%
~8%
r.
11
Feb
,
20%
-Mar
22 J/4
6% Aug
Sep
3% Mar
200
10 Va
Nov
Nov
''
77/a
83%
9,700
8
65/a
8%
17,200
6%
—1
6% Mar
5 %
6%
6,800
5.
9%
8%
9%
18,100
2%
Jan
.....50
32%
30%
33%
•7,650
161/2
5
103/4
10%
11
1
8%
7%
1
9%
7%
9%
8
Oil
3%
3%
4
Co
United
Corp common
Co
Schlff
Co
common
Bchulte
(D A)
9
Jan
Jan
6% Nov
.
44
Nov
\ 11
J Nov
32,500
12,800
83/4
37
5% Mar
5% Aug
Seeman Bros
New
*
163/4
——1
7'A
common
22
600
26
—*
Selected Industries Inc
5"%
1
17
Jan
70%
Jan
1143/4 118%
16
163%
"
:" 300
450
1,200
y.
49
7%
125
Oct
Nov
Oct
45% Nov
Nov
116
88%
Jan
124%
5%
77/a
Oct
•10%
41,600
Jan
18%
Oct
Aug
4'% Oct
;.
8 % May
Feb
70
700
25
Nov
28
5%
25%.
5
26,800
2
Jan
5%
16
...
17%
3,100
9%
Jan
17%
Oct
Jan
27
Oct
28
.
19
"4
£-1
stock
8
; 253/4
28
33/8
24 Va
4
Inc.
-1
"83/4
..1
Control
;
4%
NOV
Nov
4% Nov
29
Nov
82% Mar
100
Nov
150
83 %
Jan>x
103
Nov
1,300
14%
Apr
29% Nov
5,800
4Va
6% Aug
27,400
9%
Nov
fj- Jan
4Va
Nov
53/4 Mar
87/a
27/a
Nov
350
28%
8
Jan
Jan
12
1,900
26 V*
101%-
..1
1%
18,600
98
96
100
28
1013A
Serrlck Corp class B.
Seton Leather common
Safety
34% Mar
110
10
——•
common
$6.50 prior stock
Allotment certificates
B)
Jan
3%
25
42%
common
(R
4% Feb
28,800
Ino
Segal Lock & Hardware
Seiberling Rubber common
Selby Shoe Co
Convertible
93/4 Nov
Sep
2%
.:•;
7
443/4
110
Jan
51/2. Mar
5,900
46 %
10%
Service—
117%
Co
44 !•;•"•
110
pfd—L
$6
preferred
Steel
110
......28
.......28
10% Nov
Jan
50,900
110
6%
1
—
preferred
Manufacturing
Elec
x453/4
*
common
Convertible
29%
Nov
38% July
Shattuck
Denn
8%
Oct
14%
Oct
•
1151/a Aug
Jan
11
Nov
Sherwin-Williams
Jan
26%
Nov
Slck's
Sep
29
Oct
Silex
5%
8%
Ji^ly
11%
Nov
Nov
8
Shawinlgfin Water & Power
109 %
Sep
Breweries
9%
14
8%
■18%
•
; ' • 500
10%
Jan
9%
15,000
31/4
Jan
203%
5,300
153/s
600
1023/4
Jan
143
111
Oct
1163/4 July
253/4 Oct
14%
29
136
139
111
111%
common
preferred
Co
-
—..100
Sherwin-Williams
4%
■
14%
Mining
107%
25
87/a
163/4 Nov
Jan
10%
•
pre!—.
conv
104% July
x223/4
*
11
Oct
2,300
75,600
3
165
Corp Ltd.
7
90
A.
—
1
see
14%
-
76
Nov
14
•
Service
preferred.
Parkersburg Rig & Reel
Patcliogue Plymouth Mills
For
143/4
•
Pantepec Oil of Venezuela Am shs_.
Paramount
100
100
pfd
Page-Hersey Tubes new common
Pan American Airways warrants
Parker
273/4
v. <
Jan
14%
...
6%
Oct
2U Nov
14%
-
Pacific Oas St Elic
Nov
45
2%
50a
common
Sentry
J>7%
"96%
Jan
Jan
7% Nov
37
117%
common
Nov
1-iV Jan
13%
2%
Oil
Bcranton
Oct
,
Co
NOV
51
98% 100
Sentinel Radio Corp common.
Can
July
ll3/4
10
\
Oct
22 V
Jan
31
30
•
Co
Savoy
Semler
Pacific
Nov
83/a
6%
100
113/4
15
.100
Ave
$2
Dome
Scovill
Aug
19%
9,000
8%
17
Regis Paper common—
Nov
1153/4
M9%
24
250
23
Aeronautical Co
Consolidated Petroleum.
NOV
112 Va
—1
Securities..—
293/4 Nov
Jan
72,700
109
Corp common
Metal Works
Petroleum
40,.
-
30
•«
Jan
16%
73/8 Nov
Ltd—
Art
153/a
26% Jan
40
39
13%
650
2%
17
Valley Gas Co
Lawrence
St
8t
115% 115%
13
1,800
24
112
Ryerson & Haynes common—
Nov
117' •117%
14%
293/4
.
44%
—
Radiator.—..
Cable
Ryan
Ryan
Nov
Jan
343/i May
143/4 Mar
7,300
36%
34 w-. 35
40
;
Oct
Nov
Jan
23/4
dep rets for ord reg._
Soullin
113
30
160
Jan
4
106%
Rochester Gas ft; Elec 6%
9%
115%
100
14% Mar
117
96%
Roeser ft Pendleton Inc
8%
105
.
6%
300
1,700
2,000
2,'9
15%
Co
Oil Corp,
Rio Grande
25 %
:
117
100
.
Oct
Nov
of Colorado—
Manufacturing
Richmond
$6
m
783/4 Nov
133/4
Securities Corp General
Ohio Power 4%%
Jan
1,040
43%
15 %
Russeks Fifth
O
Ohio
641/4
I
75
Scranton Spring Brook Water
Ogden Corp common
46
Oct
Apr
825
15%
*,
Feb
Oct
106%
43%
*
Nov
15%
10%
Roller Bit
Samson
1
Nov
8%
Jan
73/8
19
common
,
Mar
99%
41%
:
7%
Apr
Nov
Jan
46
Corp—
Jan
3%
7% Nov
Mar
353%
Northern States Power class A-
Northrop Aircraft Inc
4
x8%
7%
'
$1.20 convertible preferred-
28% NOV,
•
25
Nov
1,700
96%
Royalite Oil Co Lta
Nov
400
50
RR Co
Nov
2%
Rotary Electric Steel Co
Nov
19% Nov
Jan
Reed
Root
Nov
48
8%
20
'
7 V*
1413/4
20%
Jan
Aug
44%
Co..
Reliance Electric ft Engineering.,
Stix Dry Goods
Ronson
2JA Nov
11%
47%
.
873/4
27
11
Roosevelt Field Inc
Nov
110
12% Mar
;
5,400
Northern Indiana Pub Serv 6% pfd—100
Northern Natural Gas
i
—20.
Novadel-Agene
82
48
8%
i
Airlines
Penn
Nov
3,700
20
Rice
Rome
Nov
118%
•
Central Texas Oil
Northern
87/a
Jan
60
8%
Raymond Concrete Pile common
Am
May
Jan
1
prior preferred
American
90
3%
V
16
Apr
5,100
76
22
Gas
Rolls Royce
Feb
89%
15
2 %Z
,.1
213/a May
110
2,200
19%
V
15
preferred
North American Rayon class A—
Class B common
North
17%
Nov
f. ;>
52,800
11W 11% :
'
19%
15
Corp B
Mines
North Amer Light
130
.
-r——„100
9
Nineteen Hundred
Nipissing
106% July
63%. Nov
1% Z
1%
11%
5
com
34% Aug
120
.
109% 110
B
Niagara
4%#
1,400
7%
8%
114% 118%
118%'
100
optional warrants
Share Corp class B
I
70 % * 74
8
10
Niles-Bement-Pond
Noma
71
100
preferred
19'
18%
107% 108%
100
common
preferred
2d
19
pfd.100
pfd
Hudson Power
Niagara
6%
6%
-J
'■jUU■
shares
Water Service
Nov
..
30»
Shipbuilding Corp—
N Y State Electric ft Gas $5.10
;V
25
293/4
preferred
Power Co—
Richfield
Nov
/ Jan :
Apr
16%
.
Jan
25%
10,100
155 % 160
common
Mining
Metals
Raytheon
% Oct
Jan
250
73%
,600
83/8
6%
i3 convertible preferred
Nov
7% Nov?
•48.
Jun
3,400
30
Nov
2,300
;
6%
25
158
—...
Voting common
10
Railway & Utility Investment A——1
Rath Packing Co. oommon
10
NOV
•250
,
33
14%
77/a
hv.
*
N
May
16% Nov
Jan
'
136
£.40 'y Mar
N
6
13
75
Radio-Keith-Orphenm option warrants.
Railway & Light Securities
"
303/4 Nov
r
Mar
63
..
Jan
30
43
Oct
Jan
14%
300
3,200
7%
-
.,
Feb
203/4
'
72%
'
6%
15 Va NOV
JL1% Nov
;
Jan
20
:
30
A
71*
72%
18
Jan
11
600
Nov
17%
Jan
27
__2S
_
Sep
-Aug
/
Jan
•
Jersey 2inc__—
11%
Nov
Nov
500
,
16%
8%
1st preferred
1st preferred
Quebec
25
Jan
11%
600
134-134
6,300
;
31
~6%
Ltd
com
Quaker Oats common.
113
Jan
/"
13
10%
86%-
n%
14
82%
533/4
481/2
.
Jan
y.v/8% Nov
1%
12%
*
New Idea Ino common
N
May
12,200
29
England Power Associates
0%
preferred
•
12 preferred—
New England Tel- & Tel
L
N Y
3% Nov
3%
v
■
New
Mexico
Jun
Jun
173/B
29%
J
.Jan
„
34%
18
Pyrene Manufacturing.
15% July
600
7%
22%
•
New
19 Va
Apr
15%
323/4
16
57'
1,000
Oct
Jan
11V3
112% July
9% Nov
Nov
16%
Jan
Nov
Jan
14%
3%
*
Haven
19%
35
11
153/4
31
./•31."
$5 prior preferred
Puget 8ound Pulp & Timber..
Pyle-National Co common.
L
Apr
Oct
14% Jan
300
1,500
106%
S
New
:
15%
\ '14
8%
Nestle Le Mur Co
class A
Nov
14%
Feb
Jan
3
50
Am Shs—
Common
NOV
:
23%
Jan
8%
100
Neptune Meter class A
New
11
•
National Transit..
39%
35
Jun
107%
Puget Sound Power & Light—
39% Mar
19% Aug
15% Jan
Nov
450
14%
Corp of Nevada
Prosperity Co class B
Nov
16%
1
•.
Machinery..—.—.—*
Car
300
73/4
115%
81%
17
Producers
Jun
Jan
400
31%
Jan
2%
3,500
—•
19%
33% May
39% Mar
Nov
Jan
Sep
48%
32%
.28
preferred
Gold
Pressed
Oct
Feb
7%
25%
5%
•
1
pfd
52 ya
1%
19,400
497# ?
y
48%
Alexander
Prentice-Hall
6%
common
9%
80
48
Nov
1091/4
RR
& Lambert
Premier
N
National Breweries
80
84
510
111X
48 :
Mar
Nov
160
110%
•
Mar
47
48
1,100
7
7%
78
75
52%
5%
14 V*
E
Public Service
Nachman
25
8%'
Co
Ltd
Scale
Providence
National
Nov
82%
110%
common
Mines
&
1st
Pratt
Nov
20
17%
8%
52%
Corp of Canada
6%
i
Nov
29
Jan
111%
Mining Co
Powdrell
Nov
Jan
Bess
Power
July
•';' 145 lv
:/• Jan :
Packing
Gold
Polaris
Nov
-
Jan
18
?>'■
10
30
:
May
13%
.
4%
Jan
Feb
300
18%
6%
5%
Mar
'
Nov
24%
■
16,600
-
common
Governor
Pneumatic
Sep
Nov
l3/4
200
y r^»
Apr
Jan
Z 3,500
•jii'//:-•:
Oct
May
;22
;
8
19,700
9%
28%
27
13
193
Feb
383/4
6,400
8%
•
Feb
18% Mar
75
10%
3%
4%
Producers.
States
10%
179
Oct
Jan
83/4
82%
•
Johnson
Pitts
Nov
5
313/4
111
20
common
Pittsburgh & Lake Erie
Pittsburgh Metallurgical
Pittsburgh Plate Glass
Pleasant Valley Wine Co
Plough Inc common
8% Nov
18%
Nov
5%
Pitney-Bowes Inc
Nov
17% NOV
Feb
9% Aug
2% Jan
200
9%
Apr
new
Piper Aircraft Corp
Nov
33%
3
300
197/a
44
9%
2,400
193
193/4
10
City Copper common
& Tel
8%
18%
4% ;T 45%
11% ll3/4
190
Mountain
common
4,200
7-
,16 v'
193/4
—
17%
Co
Pinchin
Nov
107
28%
111%
Co
Pioneer
44 /
r
Sep
Jan
Pnillips
Nov
450
•
Power Co
Mfg
Electric Power 5%
Pierce
90
Nov
13
PbUa
Nov
28%
•
-
2.50
Philadelphia Co
Nov
'
8%
/
Mar
104
16%
7%
72
Jan
60
200
32%
193
Muskegon Piston Ring
Muskogee Co common
1%
325
43%
.Jan
3%
3,000
;;44.-y
1
Murray Ohio Mfg Co
'i
8%
27
com
preferred
Pharls Tire & Rubber
Jun
10,300
A
$7
Co
Circle
Perfect
Nov
40
_•
&
High
100
8
52%
—...
Power
Low
47%
1%
Gas & Elec class
Range Since Jannanr 1
High
47%
28%
1
$6
200
Low
47%
29
Penn
Mar
650
,7%
Shares
•
common.
Penn
Nov
16
6,400
>
for Week
Pennsylvania Edison Co $5 series pfd_*
$2.80 series preferred
•
Feb
Jan
10% Aug
150.
5Va
A
States Tel
3,200
30,000
24%
Mountain
Mountain
A
,'•
32%
.
Power
May
4%
.10
A
Investors partic pfd
Plan Corp of America..
Morris
23
22%
Light Heat & Power
Mountain
15% Aug
V 2% Aug
5%.
32%
—1
common..
Ward
Montgomery
1.400
Telephone
preferred A
Pennroad Corp common
5%
ctynmon
Dakota Utilities
Montana
Montreal
Nov
333/4
preferred
Society
26
241/4
...1
Pictures
conv
Jan
100
pfd_.
Corp
Monroe Loan
Moody
L
&
Public Service
12%
III
common**.!—_«—....—..
Minnesota
3,900
...1
—
common.
,
Missouri
NOV
5%
5%
-10
...
&
Co
15
10%
!_50
Refineries.
Wohl
Jan
40%
'
5 %
.50
conv
preferred:
Mining Corp of Canada
Minnesota Mining & Mfg——.
■v
4Va
•
—.
Co.—
8V4
.
common—.—
Abrasive
5,300
V-
13%
Sales
Range
•f Prices
Friday
Exchange
Par
Peninsular
Nov
21%
13
Curb
.
6
Penn
Steel Products—
Mid- West
41/4
20%
York
High
Jan
V
13%
common
0
$2 conv preferred—•
New
l'/a
,
4%
West
Midland Oil Corp
'
■
" 46,600
21%
t
v
6
Week's
Last
Bole Pries
STOCKS
'V ■'
Low
5%
Middle States Petroleum class A V t c_l
NOVEMBER 30
Range Since January 1
Hiah
•
Micromattc Hone Corp.
Class B
Shares
Low
Par
—
...
Preferred—
Middle
for Week
.
Bale Price
EXCHANGE
ENDING
Sales
Ranee
of Prices
Friday
STOCKS
New
2667
30
Canada
24%
25
19%
12,125
48
•
48
20V2
•
common
Jan
20 %
24%
14%
of
Ltd
Apr
Apr
123/4 Mar
9% Nov
203/4
27
Nov
Nov
Nov
19% Nov
Simmons-Boardman Publications—
Jan
15% July
100
8%
Jan
20
Nov
Simplicity
50
333/4
Jan
75
Nov
Singer
24
1,100
18%
Jan,
24%
Nov
65
80
44%
Jan
65
NOV
$3
convertible
preferred
Pattern
common
—
—
Manufacturing Co.......
Singer Manufacturing Co Ltd—
Amer dep rets ord regis
•
1
100
£1
7%
346
6
7%
6%
63A
32
210
*
1,100
Jan
3
50
14,700
3453A 350
Apr
2671/2 Mar
,
4%
Jan
48
Nov
7% Nov
370
6%
Jun
Nov
THE COMMERCIAL & FINANCIAL CHRONICLE
2668
NEW YORK CURB
EXCHANGE
RANGE FOR WEEK ENDING
/
•
Friday
X
STOCKS
•
Range
of Prices
High
Low
Par
,•
Sales
for Week
Shares
Week's
.
:::
Sale Price
'i
•
Last
i
Curb Exohangs
New York
Y'
,
8TOOK8
New
Low
V'
100
fit Elec 7% pfd
(Howard) Paper Mills
City Gas
Smith
T
Aircraft
Manufacturing Co.
Cox—
Corp.—
WV«
X20
11% '
•
- JI j:I'
—
11%
u'
11
1
Oil—
--r®
Pa Pipe Line
~—AU
California Edison—y,/ '
*
5 %
original preferred
—~
6% preferred-B—--———
»
5%% preferred series C
400
Southwest
-■
Southern
'•
42
New
Southern
.2 X4."';
Shoe Corp..——
Inc..
Standard Brewing Co.
Standard Cap fit Seal common
fx
i
T
Standard Dredging Corp common
«
Y-,
12 -v. :;v
9%
24
•
•'..
3 V4
(Hugo)
Sun
3
Superior
Sep
5
Jan
>
;
80
17
10
Jan
25%
2,700
18 V2
•
31/2
3,300
105
(F W)
American
Oct
6%
;
.
deposit
3V2 Nov
-170
18%
Jan
59,700
Va
Jan
2
2V2
Jan
6V2
New
h 5,600
V
.
3%
v
York
Curb
25 Va
Jan
61
100
3,800
9Va
v
Jan
American
2%s
Oct
70 V2
21
2IV4
Nov
8%
7V,
6%
7Va
s
f
s
f
■
13Va
14 Va
22
Oct
2%
3'/4
27
900
x
:
Associated
Nov
{Associated
9%
Nov
6%
28 Va
Oct
3%
v
Feb
22%
500 :
>12
33
3lVa
31%
/X.500
23%
Jan
33
Nov
22
22 Va
650
-19%
Jan
25% Mar
Jan
deb
4%s
A Debenture
23%
5s
14%
850
8%
10V4•
Tampa Electric €0- common.
35 V*
~~~
•
Technicolor lnc common
fit Light 1%
Texon Oil & Land Co
pfd
Power
6,400
25%
Sep
57
Sep
Oct
5s
35 %
34 V8
26%
27%
Jan
5,200
19 Va
9
x9%
2
0
Aug
Sep
9%
2,700
•.
21%
450
16%
Bell
,...200
i
1
Inc..
Tishman Realty
1
fit Construction
16 Va
-16%
;'Y 17Va
1
Tobacco
& Allied
Stocks—
Tobacco
Product
Exports
73
•,
•
Tobacco Security Trust Co Ltd—
Amer
"
City Elec
series
,
dep recs def reg
Todd Shipyards Corp.
Edison
1%
6%
Trans Lux Corp.
1 Va
540
71 Va
6%
'
.>
6Va:
4%
25,100
6%'.
;;.
6,200;
46
..
3,400
YX; 3.V4 Y4%
lVa
4
'
•
Nov
3
Sep
123
Nov
116
Jun
Jan
Nov
,Nov
117%
Oct
A; 4% Nov
,
A
6% Nov
59 % May
Jan
1
Jan
12:
12 Va
preferred
11 Va
12'/a
15%
j
.Apr
i-12.% Nov
15
15%
-12 V* Mar
15% Nov
7%
3,500
.
V
400
A;
4%
Udyllte Corp.
1
Realization
Corp
.11%',
.10c
Unexcelled
Manufacturing Co..
Union
Gas
of
Union
:
3%
-10
Chemicals
United
Cigar-Whelan
100
21%
•
common
•
Gas
United
Milk
dep
rets
6,200
"J
18%
22
Va
10%
10%
U
/
U S
preferred
7/a
Feb
28%
Sep
Nov
127%
Oct
Apr'
14%
■;
14%
14
26 Va
24%
6,300
27 Va
Jan
32
Nov
Jan
.16
Oct
,
36,300
14Va Mar
27%
38
Jan
45
86
Feb
9
400
Jun
3%
common
;
Rubber
Mar
13 Vs
is,500
lVa
200
83
Apr
!
Jan
4,200
—
4%
Jan
4 V*
18
200
Universal Insurance
•
Co.
36'
sugar
36
5%t
Utah Power & Light $7 preferred.
Utility Equities common
(5.50 priority stock
21
A
24%
Jan
1%
92
common
-1
$4 cpnvertlole-preferred
Venezuelan - Petroleum
Wngt
-8
Manufacturing
Waco
Aircraft
Co..
■
ext
•
•
T7.V2. f
Knitting
Went worth
For
6 Va < Nov
98;)/3N6v
Jan
5%' Nov
Jan
100 J3'Nbv
V*-
7%
3
Jan
9% Nov
54
Jan
102 Va- Nov
7,800
200
i.jj
2669.
9V2 Aug
11% Mar
-
1,300
5
Jan
Jan
Mar
35
37
2,150
17
Mar
7Vi'
7
.8
1,200
3
Jan
6 Va
a
y
page
7
V*
5Va
35 Va
'
*
'•
42%
8%
42
8%
6%
;
44
8%
.
240
107
•
-
Manufacturing
see
12V2
'
6,000
-
inn
f
Mills.
footnotes
11 Va.
Apr
37% /Stfp
Jan.
10
Ward Baking Co warrants—.
Wayne
9%
102 V2
15 Va. 16
1*
II
& Bond class A_
Claw B_.,
12%
«
.
8%
95
a
Wagner Baking voting trust ctfs
7%; preierred.:
Waltt
'9%
1
_1
'
5,500
300
4,100
3y2
18
4%
Oct
Jan
Jan
13%
Oct
16%
Sep
9%
Oct
114;
'101
125 y*
92
Jun
Nov
6% Nov
46
9%
Nov
Nov
92%
29
50%
120
29
50%
51%
134
29%
51%
A-0
5iya
47%
51 %4
284
29
51%
52%
7 48%
48
F-A
:
M-S
7 M-S
m-n
29
51
12
99
105
105%
X
—
110%
180
112
112
A-0
7 V.
85
80%
85
85 Va
81
85%
M-S
191
'
1927
—
F-A
1958
1969 7
94
65%
•"7 1
103%
106
104% 105 \\
58
103
105%
,105% 106%
18
103%
106%
104%
:
a-o
i:
A-°
J-D
& Pr (Bait)—
v
.
'106
7
*105%
7? 106 %
—
v
104%
'Pi
9
;;
107%
lV.:
H
——.
36%
M-S
11965-
j-j
M-S
.1961
_
<
36Va
,
11
88
—
'
63% '80%
68%X' X 52
37 X X
.11
'^77 .7 4
50 '/a
33
105 y8
107 y,
124%
127'A
Co—-
v
■
<
•7
- ■
—1957-
:>
*106
105%
108
*105%
1941 coupon)
5s
(July
Power
Debenture
6s
—
Superpower
':'r.
Power
England
stamped
71
18
105
107%
104
105 Va
108
■■
h't
m-s
:: j-d
73
106'/a
104 Va
■
U
'
;
64
"105
,
109%
117
107%
,
110%
-
97
100
99%
.100'A
.*
96%
97
.102%
f-a
106%
101 %
8
-
m-n'
-m-N"
"
73
;
•
60%
106
101% 102
73
106%
73
107% 107%
*104
;
;
V'
16
105%
109%
101
103'A
58%
j-j
109%
109
105%
107%
3
101%
103%
7
103
107
1
63
12
;
'73%
104%
17
106"T06%
13
.
;
107 «/a
106
,
_I
114'A
108
104
5
107
*101% 103'A
60 Va'
105
104%
~2
*106 Va 108
113
105
102'A
—
*106% 107%
j-j
F-A
,'m-s
106
99%
108
105'A
106 Va 106%
106
j-j-
j-d
101%
20
106
f-a
:
105 Va
—
*106'A 107'A
f-a
■
^
100'A
88
•
,
.
100
88
88%
115
104%
60'/a
a-o
~
100'A
,
29
102'A 103%
*103
.
A-O^
■
99%
>
*106% 108
j-j
j-j
v
70
100
$106% 108
: a-o:
***?■'
X41.
109
106
109%
114%
109
v
106
<:
.
extended————1950
78
108%
101%
110
17
*106
104
,
106'A
12;
*110% 114
m-n
i
107%
'
m-s
i
;
1970
'
106'A 106%
j-j
1979
120
112
101%
1
73
61
115%
*107% ro8%
106%
:
'
,
105%
14
'
U'w"
a-o
:
108
'W-fr
'
103
103
-
95%
37
:'"53%
y,'
1964
1962
101
A-O
F-A
.1954
1972
60
63
102
91%' "95%
105% 106
'105%
j-j
m-n
1964
Power 5%s—_
Philadelphia. Rapid Transit 6sx—.
Portland Gas. fit Coke Co— ;' ; *
63
37
*109'/a 111
j-j
M-n
Phlladelphta*~Elec
63 i
* 60
31
*115% 117
m-s '
j-d
1—x------Pennsylvania Water fit.Power 3%s
5s—
62
28%
37
97
*51 *
'
.
81 Oas 3%s—
2004
N Y fit Westchester Ltg 4s
North Continental Utility Corp—
1948
A5%s series A (part paid)—..
1968 ''
Ohio Power 1st mtge 3y*s———
1st mtge 3s
—
;— 1971
Ohio Public Service 4s
1—. 1962
1948 •
Oklahoma Power fit Water 5s———
1955
Pacific Power 81 Light 5s
Park Lexington 1st yntge 3s,—X—
1977
Penn Central Lt & Pwr iV?&—--N Y State Elec
•30
t;[
112
*104
M-s
.1948
X:53X
105% 106%
m-s
.1961
5s—-—
■v
j-j
.1947
3y*s
95%
7
.1950
'New England Power, Assn
Debenture 5%s —
104
100% 101%
101
J-D
.2022
5s_.
109
.
48% " 48%
*
j-j
.1948
deb
105
106
;7__
*52 ; ;,;55
r
-
.
.1948
102%
y 49
7 49
,' 52 '--7 52
<
jlj
6s——--- .1965
Amsterdam Gas 5s
New Eng Gas fit El Assn 5s
102'A
18
31
.1965
& Lt 3y3s
.1966
Kansas Electric Power 3Va8-—
.2022 1
Kansas Gas Si Electric 6s_.
.1969
Kansas Power & Light 3Vas
.1970 "
Kentucky Utilities 4s
—.1966
Lake Superior Dist Pow 3y»s
.1948
McCord Corp 6s stamped—
Midland Valley rr— ,»
.
.1963; 7
Extended at 4% to.—
.1967
Milwaukee Gas Light. 4%s_y.—
.1981
Nebraska Power 4%s
series. A—
102%
12
104 Va
*107
J-J
Jersey Cent Pow
New
105%
1
103'/a
104
v- f-a
■■
106
103
*46
■
77%
106'A
104%
.-X
104% 104 Va
104%
m-s
7
—1952
1952
1957
.——1952"
102'/,
104%
T106
*105
m-n
—1958
1 1941 coup),
1955
7?
series £_———:
1957
A7s (Aug 1941 coupon)——1957 '
F_
67
a-o
(Dec
series
92
74%
*73%
C
series
110
102'/a 102 »/a
102%
J'D
F-A
-1970
,
'J; 58
45
107%
j-j
1950
1963
Sei vice
107
104%
a-o
Jan 1949
Jan 1949 '
'
*60 Va
'x j-j
'•i
103%
24
*107% 107%
j-d
:
90
77
3
88"
88
106% 106%
j-d
5%s series B
ref
Interstate
5s
106
t.
106%;
7: j-j
..1953
B—.——
Power
A6y3s
1st
126
101.
*127%'—
■7_.
IInternational Power Sec—
New
120%
106% 107%
106%
a-o
—1958
5s
1st lien & ret 5s_
:
Indianapolis P & L 3V4s.
Conv
109'A
105%
Residential MtgC Bank—
series
6s
106
61
7
102%
67%
67%
M-S
.1993
V, 102
102
.
.1956'
Hygrade Food 6s ser A.
A7s
110
103%
7124% 126 "7
A-O
.1969
Power'3%« A_.
A General Rayon Co 6s «er A__——1948'
Grand Trunk W$st 4s
li
1950
Green Mountain Pow 3%
1963
A7s
107
106%
,
'
Gatlneau
&
69%
>' '7
~',V F-A
.1993
Si RK 5s
85%
59
69%
68
69 Va
M-8
.1950
'
105% 105%
.*
m-s
1966
Jan
5s_
5s' stamped
;
105'A
85%
58'A
'
XX 1st mtge 4s ser' A———
7:
1st mtge 4s. ser B.
Easterh Gas Si Fuel"3yaS_
V
113
102 Va
•
112
106% 106'%
&
183
110%
1 ,7
'23
:.
104% 104%
7
*103% 103%
1st
113%
121
170
,:
-•XJ-J,,'
Illinois
108%
117%
*118.% 119
71180
180
J-D
5s.—
Water Lt
52 Va
46
-110% 110%
110%
j.j
(part paid).
5s.
Lt
30%
1
48
52%
U07
Q-F
'
104 Va 104 %
104%
J-D'
112
50%
■fA. J-D '
Indiana
7 50%
47%
1969*
6s
102%
47%
1970
Finland
129'%
123
1
101%
125 y*
101 Va.
•
ser Q——-
Blmira
>
'
37% Nov
9
111 %
47 ya
*
26% Nov
102%
50%
1948
Nov
27--Nov
A
▼•kfctr Corp
8%
•-
Mar
5
99
5% Nov
Feb
3
.65V*
4%'
Oct
-Nov
5% Nov
Mar
Va
96
99
Jan
26
6%
941/4
15
;/
Jan
,
16,200
Universal Consolidated Oil
Nov
Oct
99%
Jan
1%
12,900
Wallpaper, Inc
Jan
Jan.
5,100
Reclaiming
Universal Products
Feb
,
400
Securities—
Oct
:
*
x
Nov
•7
8 Va Mar
16
18%
4%
9
Nov
20%
44
Nov
50 V*
200
1,400
Nov
12%
83
May
9,100
class B
United Stores common—
Utah-Idaho
,A. Nov
73 V2 July
1,325
1st preferred with warrants
U S Radiator common
United
8
286
1% Mar
4,500
common
Jan
Jan
100
108%
5
51%
(Bait City)--M ,
.1954
Gen mtge 4%s—
—1958
Continental Oas & El 5s_
Delaware Lackawanna, & Western RR—
Lackawanna of N J Division'—
Altallan
6V2
111
50%
1970
V. 1 4
275
110'/a
104%
17
■'v;-
Nov
July
96% Oct
109
107
109% 109 Va
1971
A6'/2S
9%
106
36
119
m-s
.1962
;
.1st ref mtge 2%a
% Nov
'
regis
and International
S
Nov
3/64
76,100
•
Ltd—
ord
%
X %
$5
U
22%
90
710
•
Machinery
Graphite
Feb
22
•7;'
Sharing
preferred—
Foil Co
S
71
Jun
9% Mar
■
100% 100%
Preferred
S
Nov
8% Nov
Aug
20
Co
J-J
1998
5s
El
104
12
■
101 VA 102'/,
A-O
-
Consolidated Oas
10% Nov
6 Ya
31,000
United Specialties common
U
Feb
7'A July
59
Profit
Shoe
4
Jan
4% Mar
'
United
Oct
100
United NJ RR & Canal
United
,13%
400
r
*:
7
Products
Molasses
Amer
2%
8%
10
eommon
Railways
$3, participating
United
5,400
9%
•Tx-T-T/:/!
100%
Corp
5% Mar
Stores.
warrants
United Light &
2,700
10
87<a
I
United Elastic Corp
United
109
110'/a 110 Va
109%
1957
6s
Grocery Store Prod 6s.
Si West 6s—
y 3%
8%
preferred
t,orp
7 107 VA
109
102%
1964
Guantanatno
T
11%
9Va
Products
United
United
'
Canada.
Union Stk Yds of Omaha
$5
9%
lit
3%
Investment Co
United. Aircraft
106
series N_—X——;———
1st ref mtge 3s ser P_—
Nov
High
101%
>15% Nov
Jan
deb
101%
F-A
;3y*s
•
Nov
Low
J-J
3y«s
6%s
2%s
Service
Debenture
Nov
8%
•
U
UJen
V
1954
Consol Gas
Nov
x
14%
Jan
Jan
35'/a
29,000 ;
•
-convertible
18%
X 74
32% Marx
62,500
v
111
;
3%;
:
4
Inc
80c
3
44V* -p- 43%
:
Tung-Sol Lamp Works
Nov
Apr
111}. May
4
10
warrants
17%
.
107 Va Mar
100
1,,
1
Transwestern Oil Co
Nov
January 1'
No.
High
109
1960*
Inc
Debenture
Jan
Range Sine*
Sold
110%
195S
C
Steel
Edison
Conv
Nov
44
.
Jan
Jan :
3%
■
100 '
preferred.
Trunz
400
xlOl
101
•
Tonopah: Mining of Nevada—
Tri-Coatinental
7 V*
61
10,900
2%
2%
•
preferred
8 Va
14%
9%
25%
;
N
Bonds
Friday's
*101
-
§ A Chicago Rys 5s ctfs
Cities
Oct
;
dep rets ord: regis
Amer
Toledo
7 Va
14 Va
7%
Oct
122
A
Jan
9V2
10
29
Jan
26
•;;;
Oct
5% Nov
•<;
"
1977
x
5%s A
A5%S
Nov
35% Nov
.x
Sep
1,200
17 Va
73
6Va
13 V*
38,600
43 Va
YY 43
43
a
y
20 Vb
20%
.—50c
—:
common—
> .<11%
Jan
1.100
27 V*
26 V*
5%
May
5%
Jan
1968
1st
15%
'
100
x.
;
11V4
-
15
Oct
3
1948
Telephone of Canada—
M 5s series B
Jan
Apr
Sep
115 Va
Taggart Corp common.
Feb
1949
—
Assoc T & T deb
10
«
Oct
12%
1950
X Registered I
1 AConv deb 5%s^
.
45
23
23
.11
9% Nov
22%
Bid & Asked
or
J-J
2024
4%s
deb
Atlantic
Inc—
__o ...-
Aug
8% Mar
Week's Range
Last
"
Va
112
Co—
AConv deb 5s
Nov
31 Va
22 Va
x281/4
Nov
13% Nov
7'8% Aug
20,100
J-D
1953
Elec
Si
IA Central States Electric Ss
Tilo> Roofing
7
M-S
1961
4%s
Gas
AConv
Nov
3% July
Jan
Elec
AConv
/
14% Nov
Jan
l'/a
Jan
5'/a
-
Sale Price
7/: J-J
—1970
Appalachian Pow deb 6s
Nov
8%
14
5
200
6,000
J-J
;
2016
18
1,225
Jun
12%
J-J
i960
6s
21%
Boston
Co
•
Friday
1970
deb
Jan
19,700
21
211/4
22
23
Jan
5%
Interest
aebs
Amer Writing Paper 6s
Appalachian Elec Pow 3%e
54% May
Blckford's
Shovel
11%
4%
4%
'ArA'^V
deos
& Lfc
Apr
15,800
Y
14
-1
Jan
Jan
6
11<;-Jan
♦
1950
4% May
11 Va
1,300
Nov
13%
-11%
500
£1
debs
Pow
Amer
A 25% Nov
Apr
f
Mar
400
-8
8%
Nov
Gas & Electric Co.—'
s
3%s
Nov
28%
16Va Mar.
10%
Nov
18% Nov
7 27%
550
"
A'
•
Exchangt
..15
:
v
-1
pfdj.
-
"5% "i%. AX
A'A
12%
Nov
Low
3%s
Y~
20
28%
Feb
Jan
110
Period
Nov
7%
23
300
-•
i.:
20%,
19%
Nov
5,700
.20
3
Cement,
1,400
Sep
1%
71/4
12
,u
43% Nov
'
May
A
,
;
19
13%
50
27%
12%-12%,
Nov
53
-_1
Textron Inc
'
Bi
;
—•
'
a
receipts
A
;
XA X -AAA^aaVA:
XXX:A BONDS
Nov
Nov
Bethlehem
Thew
21% '"*22.,
19%
__10
Ltd..
37
Aug
27'A Jan
pfd—100
-
25
Jun
'
24
*
Ltd-
Hargreaves
<
164
Nov
6 %
•
22
25 Va
;— _1
—1
Swan Pinch Oil Corp
Texas
18%. 18%;.
27%
1
;
Feb
<
.
1
preference
Wright
Sep
4
Jan
HVa
1,700
V
Oct
14 Va July
Mar
••r 675
43%
22
Inc
Portland Cement
Wool worth
-
113%
Jan
9
6% Nov
■?(? J&h
140
16%
46%
Jan
'
Products
Wolverine
Nov
27
>•■
Jan
30,100
>
46% Nov
;
Jan
Y
High
v
135
.
7,100
.7
X"7,'
40.7:. A38%
1Q
;
Woodall Industries Inc..
Nov
3 V2
Mar
14
'
vH'A A-;-
1
;
Wooaiey Petroleum
Nov
12%
4V4 May
13 Jan
Shoe Mfg
Wisconsin. Power St .Light 7<%
-14% Jan
Apr
.50
-
$2.50
A
x51%
Willson
Nov
13
v
.
Jan
28%
III
Co
Common
Class
15
Jan
3%
«!21
70
Portland
com—i
Inc.
Winnipeg Elec common B
Nov
V 27%
150
156
-
Y 5
,
7%
Corp
Ray Drug
Nov
2,100
3%'
1 Va
1%
6
Machinery.
Sullivan
Oct
Wichita River Oil Corp..
Williams (R Ct & Co—
12%
*
(S) & Co common
Stroock
Weyenberg
..
iu
Sep
.
>•*,,,
•
20
Westmoreland
; 1,000
/...x
c
eunnes
Westmoreland Coal
152
Aug
1,500
25vt
151/4
•
& Co common
Sterchl Bros Stores common
6%
1st preferred
5% 2d preferred
Sterling Aluminum Products
Sterling Brewers Inc
Sterling Engine Co
Sterling: lnc
Stetson (J B) Co common
13%
■
49
Aug
9Vt
HVa
1,100
241/2
■
*
3
16 ya
;8
>
10
2,800
6%
;
Steel Co of Canada
(A)
Stationery
Westerp Tablet &
31% Nov
Jan
Low
111
a
1st pfd—100
32 V2
Jan
'
150
Stein
Coke.
38
'
Jan
30 V.
24,200
43
5 Va
24 Y
3%
1
Standard Silver Lead
J
Standard Tube class B
1
Starrett (The) Corp voting trust ctfs—1
61
Nov
8% Nov
29% Mar
8V2
42%,
24%
Co
May
Range Since January 1
High
Low
Utility $6 preferred:—;,..—*
Coal
Maryland Ky t%
52
Y'
Jan
Jan
V41%
31/2
/
2%
41 Va
6%
-
Standard Products
30
;
1,700
;,.Y 800
72
.
41
42 >/a
V
v!:;) 11% Oct
Jan
;
100
-
'
;
Va
Western
27
141/4, -.2,200
8
>-
42 Va
convertible preferred—,——00
Standard Oil (Ky)
.————10
Standard Power & Light
1
B
•V
i ■:
8
Texas
West
Nov
200
.xv
•v'
11%
•
13%
* *
12
$2.60
Common class
lOVa
3%
—-I
10
-1
preferred.
Convertible
-
m
(
31%
13% -14%
13%
—-
■
321/4
■
72
pfd.'..--—.-nj»
& Bros
Spalding (A Gj
Stahl-Meyer
West
Nov
6
134y2
.11
Southland Royalty Co.—
Jun
12
•.■
•
13%:
*
>
toytatcei
--42
v
31 Va
Phosphate Co——-——JO
Pipe Line.—;
Southern
42
•
321/4
England Telephone—100
Southern
22
Jan
4
Shares
W
'
-
■
Range A for Week
of Prices
A
„
Sales
Week's
A
.
'•••" 19'/a July
Jan
42%
Last
Par
Jan
7%
i
e.100
Friday.
Exchange
Apr
2%
~~Yl,700
•<
Curb
Bale Price
7 V4
-
52
Penn
South
10%
8,400
3,600
64,900
6
8%
.
-J -
4%/
i
& 5.%
Boss Manufacturing common.—
South Coast Corp common
20%.
XllVs
20%
1
York
High
113
Feb
19Va July
1
Solar
Solar
Bonotone
K7VUVWUW
NOVEMBER 30
Range Since January 1
110
Sioux
Monday, December 3, 1945,
—
101
.
109,;.
102 Va
.
.Volume'162
THE COMMERCIAL & FINANCIAL
Number 4443
■\
NEW YORK CURB
York
New
Curb
Friday
A
Interest
Exchange
Last
•
'
4VaS B__
(Can)
Corp
1
Low
Bonds
Range Since
Sold
Friday's
or
MS
.__1959
January 1
105
High \\ b No.
Low
New
Service
6%
of
perpetual
1964
J-D
1949
New
;
101%
106% 1067/«
Western
106%
M-N
1952
165
,J-D
1952
MS
Joaquin Lt & Pwr 6s B
ASchulte
Real
Southern
Estate
1951
California
EdisOn
California
Counties
Gas
107
•,
.
90
97
1970
A-O
"97
■
■i*
(Calif)—
44
105% 105%
105%
:
6
'105
J- J
$104% 107
105
-106%
$102
? 111 Vi 112
;.F-A
A
20-year
A 20-year
-
112
102%
101% 102 Vi
70
96%
102%
101% 102 Vi
21
96%
1-951
F-A
103
103
103'%
24
96 Vi
U0
105%
105105%
27
96%
110
104% 105%
26
96%- 109%
6s
6s
...—
Dec
1
112
-
1966
j-d:
1957
F-A
1957
F-A
1950
A-O
1948
J -J
$50
1940
A-O
$50
3-J:M
107
1949
Light
6s
Corp inc 5s
J-D
100
/ 55
1968
&
.
55
debentures
104% 105
83 Vi
81%
(Hugo)
3d
A 7-4s
106
8
96%
3
58
of
Toledo
Edison
Dnited
Electric
Light
ft
J
Co—
Power
:v
57%
110.
id
104%
Rys (Delaware! 5Vis.l952
Light ft Railways (Maine)—
series A
1952
A-O
& cons 5 Vis
Lt ft
-109%
A Rio
de
103
Range Sinee
Sold
January 1
No.-t
"Low
_w'-
$27 %
M-N
F-A
High
63
J-J
-74%
27 Vj
32
96
$26
76
89
$86""
M-S
65%
7.1
■
28
"■ 96
80
90%
19
37
"
30
"26
26
96
16%
J-D
1947
1947
M-N
A-O
$50% ' 52
1931
J-D
$21
45%
32
$44 /•
•"
$33%
34Va
$50%
36%
45
-
—
"
■
^
47Vi
46 J/i
51%
22
30
22
1972
J-D
95
1958
.
102 % 103
-103
1
■
;71
Interest
107
M-S
$44
2008
M-S
1959
J-J
2012
J-J
1919
J-D
13%
-'"12%
14Vi
290
5%
1921
J-J
13Va
' 12%
13%
120
■5%
95
75
95
46
38%
47%
37%
46%
36%
/
2 Vis
to
6 Vis
—
Plan
reduced
to
Government
2%
6%s;
A5ViS
•
43
37%
43
2
A
-
:**/.': "''v $35 :A:'.
106%
1001S
-
reduced
pursuant to
S
M-N'
1951
'•
28
38%
M-N
2008
7s
Janeiro
Stamped
111
108%
9
104 Vi 104 Vi
;
Bonds
High
;;;.v-r--/-;;$74^/.^;
J-D
xyfab
1953
stamped
(State)
ARussian
A-O
United
Friday's '
1958
7s
Interest
108 Vi
-
1959
1st lien
101 %
101 %
Stamped pursuant to Plan A
107Vi
109
J- J
1948/
,
pursuant to Plan A
Interest reduced to 2 Ves__
AParana
4s
;
-
Mortgage Bank of Bogota—
A7s (issue of May 1927)
;
A7s .(issue of Oct. 1927)—;
AMortgage Bank of Chile 6s
Mortgage Bank of Denmark 5s
/
Dnited
or
Bid & Asked
$74%
of)
7s
AMedellin
deposit
3Vis
N
•
Stamped
'
58
27
1947
Jan
Bank
5s_
AMaranho
2
Industries—
(Hugo)
2nd stamped
A 7-4s
Last
,
Sale Price
A-O
Danzig Port & Waterways—
A External 6 Vis
stamped
;
1952
ALima City (Peru) 6Vis stamped_1958
85
30%
83 Vi
Extended
Corp—
stamped
ACertificates
Stinnes
99
99%
(Col)—
7s
5%s
j
"
Bwnnes
High
105 %
Friday/ Week's Range
Interest
—April 1948
(see
Danish
110
AStarrect
$101
'■/
Exchange
Mortgage
ACauca Valley 7s
110
A-O
Power
Curb
7s___
Bogota
108%
A-O
gold
York
Agricultural Mortgage Bank
105%
v
>'; Standard Gas ft Electric— b
>
6s
(stamped).^—.
—May 1948
>■■•'•
-Conv 6s stamped————May 1948
8s
3-D
r
Period
105%
89 Vi
.104%
1051/s 105%
105Vi 105Vi-/
8s
5s__
Debenture
1947
BONDS
"
F-A'
105%
Standard
.$100
Low
100
'1'
New
.
1971
1951
1989
*„•
104%
Foreign Governments & Municipalities
*
MS
Debenture
104
3-D
1937
■
1
107%
109%
M-N
(A G)
5s stpd
«
V/'.f/'Y
101
.
2022
Spalding
L
&
1959
.
99%
...
96
;
105% 106 "A'
106
•
.
Southwestern Gas & Elec 3 Vis——1970
p
No.
F-A
Range Since
January 1
Sold
High
v
debentures
106% 110%
:125
; 127
$99J/i
-
M-S
3%S
:
Gas
1965
Indiana Rys 4s.—:
Southwestern
104%
Bonds
Bid & Asked
Low
-i-
165
5
1124 >4 125
j-d y
3s
mtge 3s
Southern
151
165
106 Vi 106%
A-O
—-1951
f
s
Rys Co
«'
■
-'-109Vi 110%'"
:
Last
Sale Price
Low
Southern
1st
6s.—
mtge 3s_
Southern
,
165
A-O
*1979
San
1061/2
•y
i
'*/ Scullin Steel inc
109
101'A
Electric—
Safe Harbor Water 4Vis_j—,
;
105%
10
Jersey—
certificates
Queens Borough Gas ft
5Vis series A
Newspaper Union—
conv
AStaraped 5s
11
Week's Range
or Friday's
Interest
.
Vi 105%-•
.101% 102
.3-D
Friday
Exchange
High
IA Yorx
1st mtge 3Vis
;
Sinking fund, deb 4s
Curb
Period
; Public Service Co of Colorado—
Public
York
>
6s
-
30
BONDS
Bid & Asked
vO;V;'U;
Power
NOVEMBER
Week's Range
Sale Price
Period
2669
EXCHANGE
RANGE FOR WEEK ENDING
BONDS
CHRONICLE
22
21%
United
6s
Utah Power
ft
Debenture
-
Light Co-—,
6s
109
109
109
112%
114%
•No par
116%
2
r
.
Af-N
2022
Ax
series
•P-4"
.114 Vi 114Va
J
*
6
Cash
value,
sale,
Deferred delivery sale,
a
Ex-divldend.
x
d Ex-lnterest. -e Odd-lot sale,
Under-tha-rule salt,
n
:
i
$Priday's bid and asked prices; no sales being transacted during current week.
ABonds being traded flat.£.■•:
■'
■
Waldorf-Astoria Hotel—
A 5s
IReported in receivership
debs
income
Wash
-1954
M-S
-1964
Power 3Vie-
Water
J-D
79
77%
West
Penn Electric
West
Penn
79
'$106%
*
109
4'i-
53%
109%
5s—
.2030
A-O
$106% 108
105%
.1960
J-D
$120% 121
116%
.
110
5s—
119%
Traction
ilEx liquidating cash dividend of $22.50, plus stock distribution.-
/■';
84
,106
-:
/
/
Abbreviations used above—"coa," ceruiicates 01 deposit; "cons," consolidated; "cum," cumula¬
tive; "conv," convertible; "M," mortgage; "n-v," non-voting stock; "vto," voting trust certificates)
"w
i,"
when Issued;
"w w," with warrants;
"x w,"
without warrants.
OTHER STOCK EXCHANGES
RANGE FOR WEEK ENDING
NOVEMBER 30
•
Baltimore Stock
Exchange
,
Week's
''irj.*JkV
./Last
• tocii
Sale Price
Arundel Corporation
—
Bait Transit Co
v
common
Preferred v t
Eastern
Sugars. Assoc com
t
v
•
27%
6%
Shares
34%
27%-
17
39
*•
1
165
;164
165
*-
,
•
443
58
28 Vz
40%
;—*
29
40%-
17 :
;
17%
-
685
8
155
Jan
46
Jan
-
:
200
35
•
•
-«
Vernon-Woodbury
New
common
Preferred
»,
6.75%
com,—100
Bondp—
5s
134%
131
95
»;>•••:■■ 19
15%134 "/a
5s
:y~~b:by
b'
:
48
Mass
Util
Associates
30
Apr
Narragansett Rac'g
Jan
-Apr
•45
Jan
19
.
Nov
15 Vi
.
Nov
/■ Massawippi Valley
;
4s
1973
42
12
90
B
W: 95
1975 ■...'V -
>:**
•
380
,'j/NoV-'
90
134 %
38
48j/8
Nov
91
*
Butte
"tOVu
91
Apr
46,500
76
Apr
96%
2,000
100
Jun
103%
Reece
Jan
90
7,650
,
Nov
Friday
/i'■/.//;/:'- 8TOCK8— :;/: /.:• ■• /; ;
:/■'■ '■
/ .*-/■■:-'
For
r
Sugar Refining__.r
Tel
American
'American
ft
Son
Boston
ft
99%
Nov
Union
Twist
Boston
ft
1%
1100
8%
7%
Ry_
Shoe Mach
Corp__^
RR—
44
79%
■„*<
*78%
*42
-42
'
•10%
D
class
Boston
1st
Personal
pfd stamped,
Prop
Century
Service
Eastern
4%%
Gas
Mass
1st
Fuel
6%
SS
9'/a
Jan
17 V37
341
'/ 69
Jan
.
*,.
''!*
1,505
t60%
1,830
"10 J/4
410
'/ 405
10
;
•
,
336
13"%
41
9%
501
series
class
Lines Inc
*
A
27%
/
/
.
'
34.78
29
88
*2%
2%"
12%
.
12% '
Public
National
General
100
99
.
1
4%'
99
*4
25
50
99%
305
J/4
1,086
4
102Va
100
:
97%
95
98
I8V4
18J/4
18%
•,
8ervice
1
102% 105
Electric
footnotes
;
19J/2 July
22
■
16%
Jun
22
78%
3
;
—
see
page
►
403i
'-■_*■
VLV■.
•1
29%
2%
12%
Jun
Nov
D)
>
'■
Aetna
Ball
Bearing
Allied Laboratories
•
Chalmers
American
Tel
Nov
*viat,1on
Barlow
Belden
Nov
Bendix
Jan
41 "/a
Nov
Bereboff
Jan
35
Nov
Binks
37%
Feb
13%
Mar*
Jan,
,,
•
,
3%
bizb
Jan
136-
Jan
Nov
Jan
Nov
22
24 V8
39 J/4
40 J/4
38 J/4
39 J/i
26%
26%
80 »/2
80 J/4
Nov
3%
Nov
1 »/4
46
65
.' 74%
72%
145
1%
Jan
68 J/4
•v30
90
■
34
36
143
Nov
27%
Nov
120%
45
r
.1.
-
-
130
*
Apr
Oct
76% Nov
Feb
•
145
Jan
i
Jan
31%-July
530
38
Nov
A 52
13%
36
f
>
Oct
Nov
72%
Jan
597/8 July
-
83
50
July
51%
.
60.
...
J/2
39%
Jan
73 J/2 July
•-
10
18 "/a
Jan
Jun
Nov
:-41% Jun
Mar
>15%
218
----151
3 Vi
24%
35 J/4 July
/
5
74%
50
■14 "/a Mar
Jan
10%
650
145
17%
Jan
A
218 V
;•/...:..;/
49%
Aug
12 J/4
615
;.
82%
46
145
46 J/4
932
39J%
May
66%. Nov
33 Vi Aug
50;.-
1,639
./
5
38 "/a Mar
255
'2%
V
Nov
.v
50
112% 115%
.
22
J/2
Nov
95c
;
2,221
v
14
145 J/2 145 ",2
*
..$300
59%. Oct
/ 49% Sep
25 "A
Nov
Week's
18% Nov
Nov
-
May
,118%
Feb
145%
Nov
Sales
"
Mfg
Co
Range
for Week
Sale Frice
of Prices
Shares
low
P«f
_
*
Brewing
Jan
18 V*
Jan
21,350
10%
Jan
•16%
Nov
1,900
7 "A
Jan
14
Oct
11%
Nov
29%
Nov
5
: 11 %■
11 J/4
12
10 J/2
11
18%
20 J/4
'--850
52 J/2
,100
39 V4
Jan
100
158%
Jan
13%
14 "A
2,600
6%
Jan
14%
Nov
Mar
24%
Nov
28,800
1%
Jan
6%
Nov
7%
Jan
13%
Nov
5%
6%
1,200
15,300
3
Jan
6%
Nov
8'A
8%
6,550
5%
Jan
9%
Jun
20'/a
100
16
Apr
20%
34%
35
250
26
Jan
36
Nov
23%
24%
250
16%
Jan
27
Nov
52
common.
100
6 J/i
13%
20%
:
24J/2
52--
300
48%
Jan
550
10% Mar
15
14 J/2
22-.
30%
30%
50%
50%
Brach
55
50
55
-
-
15
20 V2
Sons
(E J)
capital
Oct
Nov
4%
21%
&
52"%
196
12%
1
com___
Co
7% Aug
Feb
16%
192'A 192 J/4
"5%
8%
Corp
: 550
24%
192»/4
common
Corp
15%
16%
capital.
Bliss & Laughlin Inc common..
Borg-Warner Corp common.*—
Mfg
High
100
\
14%
common
Aviation
low
17 "A
16%
6%
common
Co
Bang* Sinee January l
hioh^,
17%
14%
.:
class A
Bastian-Blessxng
May
,42%
Seelig
Oct
16
295
capital-
'Delaware)
Feb
31"%
1,679
Washer
Com
&
100
1,290
Co
common
—
99 J/4
47
2%
Co
Tel
Aro Equipment Corp common—
Asbestos Mfg Co common
Athey Products capital
Nov
19 J/2
25 J/4
Feb
30c
91
14
2%
,
20
Nov
Nov
Jun
:
Mfg
&
Co
&
Jan
45%
25%
,.-/l% Nov
30c
1,035
52 »/2
common
common
Armour
12
21%
3%
14
;
:
10%
Advanced Alum Castings——
•
71
53 Va
.,.
July
42
2,154
•
—1
common
Nov
4% Mar
109
Mfg common..—
Corp
96
25J/4
54%
100
Feb
54'/8
—_*•
•
2676.
9%
34.78
Jan
<
I
1956
3s.
conv
/
Admiral
NOV
/
July
•
::
5
66%
18 %
/ •:>;,-: STOCKS—:^0
(J
364
35
4%
45 Va
12%
* /•'
Adams
152
41%
31%
Nov
•17
109%
r,
220
7,430
Last
July
Apr
7%
22c
35
,
93c
41%
Friday
:-:.
Jun
60
;
30.62 Mar
; 65c
Nov
86% Nov
Chicago Stock Exchange
465
310
" :
"
Stores—
Gillette Safety Razor Co
For
Jun
/ 17
/
6V» Apr
y
.,
Jan
15% Jan
18,240
73
50 J/2
Nov
Automatic
.__•
B_.
V
,/
■106
Apr v
bonds
Jun
'•
"
.100
common
50-
3% Nov
Jun
7J/2
505
-
.
135%
•
—
American Tel & Tel
Apr
•"
Feb
/ 8%
Jan
Oct
'••.••,• 15Vz Jun
Jan
200
430
.
Jun
Jun
Nov.
17
,
:
.
-47
* >12%
Nov
90
;
,
10% Mar
14 , Apr
24%
;••
Inc.
Oct
81
43
'
Jan /
20J/4
*
46
.;
Aug
'
First
23%
/ 10% Mar f
100
13%
18
255
49 "/a
•,142
Jan
13>/2"
14% '
12
■•'"
57V4
'
^..100
common
Employers Group Assoc
Engineers
/
i>
-
Jan
.
/
-
Nov
Va Jan I
23%
I
64J/i
„
Nov
12"% Nov
J an
10^
95
Nov
Nov
Jan '•
115J/2 Aug
3,144
...
common—50
D) .Co
/•',: ./'•
Nov
30
29
L
50
58%
,'196%
Jan
;/. 425
34.78
»
Associates—
preferred
Eastern
preferred
/
v/;/20J/4
8%
25
Street Ry
6%
1,442
79% " "r
17
^
10
:
prior preferred
Eastern
156%
395
57y4
l
Co—
&
/—. '
-5
Co
Range
"
,41 % Aug
Jan
2,041
J/4.
13
.
17%
-
" :/ 276
mgh
'•
■I
10
Smelting Ref & Min
/Allis
;
Trust
—
Mining
Copper
*
13
100
Hecla—1
&
Shares
100
Trust.™
Boston & Providence RR
Calumet
'
—100
*
Low
: "
25
Westinghouse Electric Corp
Range Since January I
440
43,.
74
S
(S
■
6% Jan
66
Nov
3%
SftVi
•
v
5% Jan
i
1,300
:
.
./: /:/•;
3%
July
4ft
.100
300.,
.
3%
/ 62%
,-25
U-X
/
75c
44%
112%
common
*4
System
49%
22%
45
preferred
Warren
139 J/2 142
44%
.100
Traveler
Maine
Stamped
Cliff
22%
140"
prior preferred
1100/ / -68
* : 68
class A 1st pfd staihped
*100 //. 12%
"12%
class B 1st pfd stampedL___100
" 14% ..'•''14%
class C 1st preferred-*——100
/ 12
12
5%
Cities
42%
•
;
*25
Herald
Boston
/:
'
.'
5
-
Vermont & Mass Ry Co—.——.—100
Shares
:
; .a.%
'72%
5
;
Co
U 8 Rubber
*
*
/
16 "4
134
•
Drill
Fruit
Waldorf
~
High
•
;
—
—
Sales
of Prices
*•
86
1
93c
;_r***—^100
Inc
Drug Inc
U
*
—
pfd.
Webster
&
25
—
Mach
Hole
for Week
.
-
53% 58%
186% 192%"
26% 30 :
192
—50
Inc_
Albany RR__
Elevated
Boston
■
Low
•
Edison
Boston
Sate Price
.100
*
Copper
Bird &
Range
$100
Tel
Woolen
Anaconda
Week'a
:
168
■;....
v.
9
:
106
22%
;;
•
50
Torrington Co
Exchange
Last
1
•
Rutland RR 7%
Stone
6
,
24%
-—*100
RR
Button
United
Boston Stock
12 J/4
47
J/2
Nov
'
.2.50
Mills
Quincy Mining Co
Nov
101% 101 »/a
.99%
Jan
60c
;n
High
15
Jan
35%
16
"IlOO
Old Colony RR
Nov
96 Vi
99
1%
792
//
"
»
——
675
1,935
ss
16 "/a
1
—.—
Mining
United
American
m
Inc—
Assn
2%
ios86
England Tel & Tel
North
Pacific
$18,500
6J/4 July
3%
31/.
..100
V
(.Low'
Nov
42
'/*• Jan
New
Nov
310
.
50%
8
.
1
,
;
/ National Service Cos—*—.—.
New England Gas & Elec Assn-5preferred
*
"•/ Nov
51
-
Mar
38
;
Nov
-95
v
f 47%. Jan
1
2%
46
•
Linotj'pe
United
,
Ry
46
106
vtc_.
Nash-Kelvinator
•
V
,
12
50
/
Nov
Mergenthaler
1-&4
/
3 J/4
.
-3 "/SI
—5 (
common.;.
common.
Nov
Pennsylvania
Woodbury Mills—> .vv//:
(subordinated)-—
—
deb
(Del)
July
v
/
.*.—87%-Feb /•■*
185
42
:
-
51
48
1975
series
Vernon
Corp
preferred
Central RR
19
13% Nov
162;
.
-
95
51
■•
——r-50
—20
3'4
200
.
93
.1
A
series
4%
;• 15:'.'
•
6%
$-
Baltimore Transit Co
,
:'■
Lamson
Range Sinee January 1
/
14%
46%
Maine
v,
for Week
"Shares
High
12%
2%
*i.i5
'
>
x-—r—.——-*100
Fidelity & Guar
'Western National Bank
Mt
:
Marine
U S
•
■
————100
prior pfd-*****
rf~10
Bank—*-i*——._*_30
cum
National
Mills
—
I
Jun
NOV
12 J/2
'
*;
Copper..
58
'
'
Mt
Low
A_*
Copper
168
•
'
•'27%. Sep-
300
•
7
40%
Jan
75
,
:
,
class
:
B
Royale
Kennecott
Nov
28
Apr
Feb
40
-
58
Isle
High
Jan
2.75
20
353
■
57%.
j
16
■
441
'•■'■•
37
.;''• 19
.
//'/// Low
.
.//-/Class
Range Since January 1
J
High.
6 J/4. :• 6%
'
37
c..——1
Trans—
Miners
&
low
Bakeries
Sales
-
Range /
of Prices
Per
Hathaway
for Week
of Prices
'- :
27%
•;
.109
c
Fidelity & Deposit Co
j_;
—20
Fidelity & Guar Fire Corp
10
Houston Oil of Texas 6% pfd vtc___25
Merchants
Range
■;■•:•..-
/"A' ■•///:
J'
-
Saiea
Week's-
*
Last
Sale Frice
i.
•
Friday
'
Friday
STOCKS—
'•
•
;
-
17
7 "A
2,350
18%
100
-
100
500
-
37"
24
61
Oct
Oct
15%
Oct
Jan
22 %
Nov
Feb
30%
Nov
Mar
52%
Nov
55
Nov
Jan
H
THE COMMERCIAL & FINANCIAL CHRONICLE
Monday, December 3,
1945
OTHER STOCK EXCHANGES
RANGE FOR WEEK
Week's
Last
Range
•f Prices
Shares
(E L)
Co
Brothers
Butler
9%
common..——1
..—10
Burd Piston Ring
common—»*—1
*
common——J50o
9J/2
common——^-.—*
Cherry Burrell Corp common...;—4.5
io ya
Jan
26 %"
"
,
4'4%
13%
2i
9%
3,700
120
171
,
14
20
111
■"
v
175
5
Jan
180
for
for
5%
Chrysler Corp
f
Co
Nov
i
V
Co
30 y2
Nov
Elgin
National Watch
Mills
Nov
Transp
——
22%
Inc
Bros
Printing
,1V*
%
12%
1
common...
Feb
15y2
17V*
19%
Jan
28
453/4
67%
29 V*
Laundry
19% Jan
28%
453/4
100
29% Jan
45% Nov
67%
100
27J/a
29'A
600
56% Aug
18% Jan
57
Products.—
Co
Co
an
3%
„—
.10
capital.
100
common.:
40%
20
40%
35
v
30%
o
28% Jan
10
10
6
45
Crosley
16%
common—...
10
107%
Jan
112
38%
Jan
65
7%
8
18
13%
•
60
J
■
37%
r
Co
City
NOV
5Va
38 V*
18%
400
8%
650
10%
vtc
Jan
Jan
33
common—•
Nov
Nov
17%
Jan
52
Jan
48
12%
51%
47 VB
12% I
23
23
30
~—**
•
—**—
23
•"
;
"
'
9%
—
65
39
■
'
20
17 y4 Aug
25
—
63%
9% i
11% May
23 y2 Jan
16
"
196
33
36
26%
26%
21 Ve
27%
29%
26%
26%
43
——.
Nunn Bush Shoe common—
16
—
/v
Jan
Feb
Parker Pen Co
(The)
70
7%
9
^
50
42%
96%
(The)
capital—..
Sears
(new)
Electric
&
98
10
Timken
3 '.:'•
«
4%
23%
61%
30%
Addressograph-Multigraph
Oct
20% Nov
10% Nov
31%
74
Nov
Jatt
9
Nov
109%
Oct
Detroit & Cleveland
Jan
Nov
26%
9%
8
Nov
102
Oct
Glidden
July
30Q
Xl7% Aug
29%
50
23% Jan
33 ya
400
33%
8%
36%
1,700
9%
850
Jan
35% Oct
5%
new
18%
•**.*—:
capital.
Spiegel Inc common.*—**——3
St Louis Nat Stockyards capitalStandard Dredge preferred,.*
-.20
Common'
Sterling
Brewers
Stewart-Warner
Jan
45% Nov
Storkline
5%
41%
29
—
***!,
common.——6
common
46%
25
30
Trane
Trans
&
Air
U S Steel common..—
33%
Walgreen
Co
common.......
For footnotes see
page 2676.
8
19
19%
18
15%
16
38%
88%
59 V*
29
31
28
28
23V*
34
1,080
Apr
8% Nov
16% Nov
47
Jan
26%
■'"'•v
101 v*
26%
66
"/'>• 141
—6
,5
—•
,
49%
26%
80%
48%
57
7% Jan
Jan
68
70% Nov
49% Sep
42% Nov
59
Nov
23*
'
Jan
.
•'
39
ft alio
I
;
••
•'
Nov;'''
-
July
63% Oct
14
Mar
24 y4
Nov
T33
Nov
45
Feb
36%
36%
100
28
,
Bros.
1
30%
881
16% Jan ;
33%
eomrhonL—***-——5
Preferred
^..—.60
53%
135
52:
Jah
8% Jart
39% Jan
29
3un
-
Aug"'
5
McKee
;,
13
Jan
19% OBt-
14
Apr
500
31
Apr
Sessions*——.***—*_*;*1'0'
14%
14%
>
National Acme
14%-
'
2,123
•
33
100
^
"
13% 'TT —
a30>/8 a30%
-..v*-*.---****—
6%
-6%
.
a30
,6y4
T,924 ~
a31%"
Jah
13% Nov
42
.
"38
N.Y Central RR
(Uh) ._.***-*—.—•***;
Ohio Brass claite
:
B**'—
"
M
•
17
Jan
31
Nov
60
28
NoV
28
Nov
77%
49%
26%
80%
40
40
100
Reliance Electric
-**v^*_—
•
Republic
(Uii>*—-**.-*—-
Steel
36% Jan
49% Nov
500
14% Mar
JIS'4,
1W„V
700
59%
82%
Oct
Standard : Oil
40
Oct
Thompson
Jan
31% Mar
•
Rtchman
Bros
.
49 y«
.***«*.—_****—
Seiberling, Rubbe r'
of
Ohio—*******
products,
Inc——*—
-
34
-
17% Jun
14% Nov
56
NOV
23%
4%
Jan
40
Nov
Jan
17
.
51
17
719
17
-
150
102
:a25% a25%
056% a60%
'■*
70
.
,
39%
9%
19%
48
Nov
21% Nov
,34% Nov
61% Nov
Mar
Jan
Oct
Z25%-Nov
38% Oct
19% Jan
207
,3f
.
Jan
14%r Jan
75
;
Nov.
.
32% Jun
16»/» Aug
18%
-102
Noy
32
vt-7
-
21% Jan
22% Jan
35
113
a21%
,34% 34%
22% 24%
27yas27%
Feb
13% Mar.
7% Jan
43% Jan
—2'; :jan
:"i7o^
621.
Oil
(Un>—
Packer' Corp';_*****—j-.***a——
Nov
Nov
>
46% Nov
20%,'J6tt*Z1
-820
"
"
27% Jan* ~
—910
33
May
10% Nov
23% Jan
204
56
38
33
10U
---3
14%-"
85
'64y4 NOV
8'/a Mar
13
40%
29 .a43%"
56
Class: B—
(A G)
National Tile
39% Nov
49% Aug
850
Oct
30% Nov
16% Feb
200
29
<a43
14%
Metropolitan Paving Brick com—*****
8
Nov
23% Nov
300
,40%
;
14%
Medina. Portland* Cement.*^*— — —MM**
Nov
1,200
!3
-
Iron
Interiake Stepii^ip
Jaeger Machine^
:•
220 "
10% 10% '
663% a63Mr
ftatbauer: Co
Inteyiake
19% Nov* f,
60
Oct
74%
48
50
;
v
July
-
•
Nov :
6% Nov.
23
Oct
53 % Mar
37% Jan
•
■
a69% a59%
17
410
26%
Nov
20% Nov
Apr
Goodyear. Tire & Rubber com—.—**
Gray Drug Stores*****..***—.—*—*•*'
Great Lakes Towing corn*******—*100
Laihson, 81
Mar
26 ya
Jan
Jan
43% Oct.;
Apr
4% Feb-
30
Nov
8%
479
47:
Nov
14% Mar
100
,
•
Nov
27 Vb
101 y4
.18%
r 20
7
70%
Jan
-
20%
1,174
:
20y4
7
Nov
80% Jan
358
-
53
9% Nov
20
41
56
a 26%
25% Jan
26 y»
16
46% Oct
64% Oct
11%
23.
3% Jan
33% Jan
50
-
-
Range Binee January 1
10
20% Jan
2,100
:
:
Jan
51% Jan
70
2,150
800
30
18% Jun
28 Vb
17 '
39% Nov ?
f
.
:
Nov
75% Sep
23% NOV ;
■High
039% a39%
Ohio
Corp com—*
*,w<<
29
22%
—.25
Lines..—-—.
208 South La Salle Street
United Light & Rys
i
23%
18%
,t
Corp capital'
Co (The) common*.*.
West
8
6 v*
4% Nov
11
.
Jan
-
550
24
42
Nov
Nov
a37% 637%
Oct
1
10% Nov
Jan
a71% a71%
54% Nov;:
.
.
3
10
F)—..***»
(B
V.
26% Nov ;:
Jan
Apr
47
(Un
Co
26% Apr
210
38%
Furn Corp- common.——.10
Swift & Co capital—
23 V*
6%
Bundstrand Machine Tool common—.-5
Texas
24
41%
49
1,300
29% Nov
Goodrich
22V* Nov.; i.
18 V%
47%
*/
.
,v;
28% Nov
6%
a67% a68%
(Un)——25
12% Mar
600
22%
14% Apr
14% Aug
tl9% Aug
3,109
28%
22%
Oct
22%
20%
-
<Uh)_—..*.*—--****
*:..-.****--—**»•
***•-*——•****.—;*.**
Jones & LaUgfclin—
—***
KOUey Island L* &. T
****——**•.
500
19%
27%
—-1-
A common—
Ino
Corp
19
18%
28%
.*10
**
—.
Standard Oil of Ind capital—.
Stein & Co class
18%
19%
—
y
High
: 26
26%
Industrial. RajN>n- (Un) *_:J****-..^.****
Lathe Works
Nov*.!
400
66.
4% Aug
Apr
76%
32%
1
capital..
new
Nov
36
Sales
100
Controller
Electric
Firestone Tire & Rubber
18%
66 y#
31
a32%
a
General Electric (Un)—.***.4..—*•—*'
General. Tire JSe Rubber.'***.**—***5
29%
9% Nov
-
7%
8
16%
16%
a67% a67%
Navigation——*5
Nov
32
Nov
34
a30
of America.******—*15
Corp
Jan
17
Bignode Steel Strap Co—
Common
Lots
City Ice ft Fuel..—.—
Cleveland Cliffs Iron preferred..*—.*
Cllffs Corp common*——.
6
Commercial Bookbinding .**,-*—<*-—*
Jan
i
NoV V
Jan
62%
Shares
Body————5
Nov
Co commdii—
capital—
Serrick Corp class B common—
South' Bend
&
96%
25
Sinclair Oil Corp
Coach
American
25
30
.
10
for Week
—50c
Jan-
600
v
40
Range
(Un)—10
Akron Brass Mfg.
102 •>: Nov
Jan
200
23
-
8% Feb
4
347
of Prices
Pat
Ja n
590
Jan
Mar
.
Feb
18% Aug
20% Jan %
85
:
46 y«
Week's
Friday
13 %
•
Oct;;
;i: 13%
,
15% Jan
380
Bale Friee
STOCKS—
33%
69%
8
100
50
>•
Cleveland Slock Exchange
Nov
100
900
:
443
3,969
1,819
11
23%
42%
'
■*.
300
24
Co
33%
98
59
Oct
Jan
11% Jan
14% Jan
.
91
73%
61%
■'
46%
*——4—*—.
Bearing.........
•:i
3% ,:.i
10
70%
73%
......
Brands
Roller
96 y2
44%
———JiOe
Cummins
RoebUck
7%
*
Packing common
Raytheon Mfg Co-
~
52
*
v'
24%
common**——**—!
Co common
Rath
Common
10,170
Nov' I
13% Jan
23%
:
438
..
.
-
Peoples Gas Lt & Coke capital
100
Poor & Co Class B———*—_*—
Quaker Oats
100
9
106% 106%
.
RR
12%
100
Peabody Coal Co class B
6% preferred —
Pennsylvania
9% Nov
2,450
...
52
Apr
55 y# Mar
279
10
10%
-
Brewing
common**—
Corp common
.;
10
10%
-i
10
Feb
common
y
Jan
3
314
65
30%
——
Nov
*
Northwest
Bancorp
common—.——•
Nor West Util. 7% pfd—
common
Nov
56% Nov
Mar
16
:
315
Last
Corp
Nov
38
36%
y
20
:
10
30%
11
July
Car
78
y
48
.8^
36
'
6% Nov
Nov
Illinois
20% Nov
Nov
15%
American
45
150
12%
107. y4 Nov -'
26% Apr
40
Jan
r:; 11%
46
*
Jan
Mar
Nov
74
common—2
:
100
12%
51%
46%
33% Nov
Cooker
Nov y
17% Nov
Jan
Pressure
Jun
11%
6% Nov
Jan
Jun
Co
52-
•
.28%
Motors
Standard
Nov
28
&
Mot Spec class A—.——.
177
30%
—23
.
Pure Oil
24% Nov
48 y2
Ward
Montgomery
Nov
Jan
40%
'
—
rights,
Crosley
Units
22
56%
'
•
Fuel..—
&
General
Apr
2% Mar
common—
38%
Ice
Nov
Jan
2% Jan
12
10%
14%
56
•
*.
Columbia Gas
12% NOV
'350
/■;:
[py■'
Nov
13 V*
Nov
16
13% Jan
46
340
_
•
Rolling Mill
19
Jan
38
51V*
*
Cities Service
11% Aug
Jan
15 y4
94%
•
Apr
105
;
Unlisted-
48
77/a
37%
9%
Printing
Jan
6%
.
*
-
-ZZ.io
Jan
100
14%
;
.*;
7%
3,900
10
88
J*.
....
37%
450
i,
48
4% Mar
250
:
-f
$1 prior preferred...——
10
Minneapolis Brewing Co common—
Modine Mfg, common— —————
Chemical
U S
Nov
17%
:
■
Nov
100
**—1*
,*——
—*._.Z**.*.******.*-*2.50
Preferred
Rapid
Nov
65
.—1
—I
common
12
Nov
6% Nov
109% Jun
July
7
134
78
12%
Procter 8b Gamble.*
16% Nov
Jan
112
12
Food Prod com
capital
Jan
___*
—
—
American
* r
Corp
Nov
>
71
56%.
ZZZ100
Pumps
■
-
78
....
Manischewitz
Jun
7%
Jun
15
Oct
28% Mar
640
38
preferred
National
11% J.
107% 107y4:;: :
19
2oy»
20 V•:;
*
*
Magnavox
Oct
6%
Nov
12%
Jan
11
50
ih 10
5 It'
Insulation
Kroger
Oct
Jun
-31%
36%
78%
Nov
50 V*
'
1
8% Jan
146
14%
13
Jan
106%
463
•
Nov
,20.—..Nov
5% Jan
2% Mar
5
15%
94%
14%
11*100
class A—
1st
65
Co
Ino
Yards
*
Kahn
450
13%
Hart
Stock
■
"50
107
15
94
Art
Hobart
112
11%
Field
107
36%
Gibson
Oct
5,600
12
13%
Went
pfd—
—
Corp
Formica
10% Nov
45%
Mickelberry's
Electric
DrugJl...
Jan
39
common——7
common——1
Lindsay Light & Chemical com
*
Printing
Gas
5%
382
.
■
7 V* Nov
Jan
Mar
136
24%
Jan
2ya
Jan
9
110
Union
6%
10
12
Cincinnati
12%
N
44% NOV
W
Jan
15
&
y
Cumulative preferred __**—*—.*
Sangamo
Oct
High
Jan
1
50%
Telephone
37
15
15
Cincinnati
41%
1%
11%
Products.
Cincinnati
Oct
,18%
1%
32%
49%
Advertising
Cincinnati Street
31
9%
15%
io%
Jan
25% Aug
Xl9% Jan
-
31
common.———5
Univ
common—..**
7y2. Jan
18 V*
$6
Jan
25
20
40
com_A_
class
Libby McNeil & Libby
Sehwitzer
Sep
Low
44%
13
Oct
1
Lincoln
Potter Co
30 %72%
Range Slnee January 1
High
19
Nov
Nov
pfd——.——
common..
—>—1.
Ext
Mfg
NOV
-
Shares
Chui'ngold
iiuv
(Geo)
Co
V
_
Switchboard common
—*
Kentucky Util 6% pfd———100
Kimberly Clark corarppn—
—*
Oak
Oct
i-t 68%
Aug
13
Cincinnati
Oct
Sales
Z of Prices
44 %
Eagle-Picher i***.^.j.:v
Early 8B Daniel.
Bartlett com—
Power
Druar
Omnibus
Nov
for Week
Range
Crank—.
25 V*
Kellogg
Northern
17 y*
Exchange
Week's
Machine
Preferred
Illinois Central RR
North
^
Nov
23% Nov
67%
"
Sale Price
Cincinnati Ball
21%
Independent Pneumatic Tool vtc com**
Indianapolis Power & Light com..—*'
Indiana Steel Prod common.
1
National
64
.
7,000
1,100
Champion Paper & Fibrfe—...—
[¥:■
Co
Corp
Brick
Monroe
Nov
32% Jun
46% Nov
Jan
__
.1
Nov
■/'. 25
Jan
17
Burger Brewing
v
Nov
common—„—
Hupp Motors common (new)
Muskegon
48%
10
Nov
75%
-10
common
& Dk
Houdaille-Hershey
&
100
400
Baldwin
I
19 V*
Motor
Hibb Spencer
HormeL & Co
Miller
61%
23
•
..-
44
Jan
61%
16%
*
_*
...
—
American
Brew Co G
Werner
Middle
1,000
1,700
Nov
494% Sep
13% Nov
Mar
22%
.
Lot0
Sep
15% July
Nov
.10
(H W)
Harnischfeger
Marshall
24 ;
32
Jan
c
9
Nov
8%
22% Aug -v
15% Jan
23
Jan
26%
•"
25
American
Dow
&
38
100
28
61%
..
STOCKS^
44% Nov
■—.
common—
Corp
Motors
Salle
X96% Nov
1,100
67% Jan
5% Jan
'
300
.
,
111
1,000
Last
-
Safety Razor common
Great Lakes Dr
La
Jan
12%
22
i
Nov
6
Co.—
Refrigerator Co
Gossard Co
Leath
Nov
Jan
467/a
30
Friday
>
27% Nov
Apr
13% Mar
General Finance Corp common.—— __1
K.stz
Nov
11%
44
Gincinnati Stock
Nov ■ ;'v:
46% May
«j an
America; Inc
of
Amer
Interstate
1R%
47%
Oct
76% Jan
12%
'':
Oct
Illinois
Feb
29 V*
100
1
Studebaker Corp common
S Rubber Co common
Nov
Hein
Nov
42
450
44
31%
.
5
Hall
.45%,
;
-Z
._
•
—
U
i
Oct
4
(Peter) Brewing common
Heileman
11%
July
1,300
;
-73/4 ~~b\l
12%
,
Z
-
J.....
Nov
30
Four-Wheel Drive Auto.
Goldblatt
18
47%
-*
s
v
Car common
Housenold Dtll Corp
Gillette
7% Jan
'
.
Nov
_25
comffion.w.._—
T Motor
Flour
Gibson
Nov
22
Nov
22
—
.—
Dodge Mfg Corp common:
Domestic Industries Ino class
General
17% Nov
35
^700 '
1
46%
;
capital
common*.
N
28
Jan
8% Mar
Nov
Cudahy Pack 4Va% cum pfd (new)
Lighting Inc common..— 2%
..10
Decker (Alf) & Cohn Inc com
General
Brands
1
2,600
;
73/^
—•
(The) common
Oil of
i7y3
44'/a
!
,;
Z
*
*
Standard
:
111y< 111%
1
Standard
Nov
Curtis
Fox
Co—*
Republic Steel Corp common
V
Nov
100
Electr)c
'
47
i
Radio Corp of America common
Nov
part shs vtc
partic shs vtc B
common
J
Common
Common
&
Electric
11%
40%
1,700
250 ;
v
37% Mav
14% Jan
11%
50
-
^
Co—
Consumers
Deere
10%
^ 38%
•
40%
-
common——*
iron Corp common—
(Glenn L) Co common..
Pure OH Co
NOV
Consolidated Biscuit common—
Diamond
Corp
18
High
31% July
300
«
Paramount Pictures Inc
Pullman Incorporated
t
5
Steel
17%
17%
1
Low
27
17
>
H% '
•
-•
'
Nasfa-Kelvlnator
Corp:
New York Central RR
Feb
Commonwealth Edison common
Crane
General
i
Jun
5
common.
Martin
Jun
10
Corp
interiake
t
49 y2
Co Inc———;
(The)
Coleman
Fee
76%
common———
Co common
Service
Y
117%
Towel Co cony pfd—....—
Common capital
capital?!!—.5
Machine
Curtiss-Wright—
29% Nov
preferred——
Radio
Bethlehem
Oct
Chicago
Cities
Apr
r
Nov
common
Vtc
Nov
20%
Chicago Flexible Shaft common—...
Chicago Milw St P & Pac com wi—
Chicago' & North Western Ry—
27
17
Range Slnee January
High
35%
—
Copper Mining—u*—^
60
Atch Top & Santa Fe
Ry com—lOO
Apr
9%
-
•
•
Anaconda
20%
-
—•
commons—
com..
Unlisted Stocks—
Nov
Jan
Indust
Sharee
35%
American Radiator-ft 8t Ban com—*
Jan
33
16
Zenith
j
Nov
82%
Low
—
—
10% Nov
131
Chicago Corp common-**.—..——
Convertible^ Preferred
——
Vtc
Yates-American
Sep
Chain Belt Co
Inc common.—.:
Bankshares
Nov
21
Jan
Jan
620
>
Wisconsin
Woodall
112% Nov >:
4% Nov v
99:%. Jan
:
% Jan
150
r
9,900
f
Wieboldt Stores
*
Sales
for Week
of Prieee
Par
El & Mfg com (new).12ya
Nov
8 V«
120
174%
——
*
Jan
150
120
preferred.——
Preferred
—.—**—•:
Central States Pr & Lt pfd——,
*
lien
Prior
Apr
6y*
750
1,600
20%
8%
20%
preferred.——
Convertible
5%
32%
Jan
'
24%
.
Central 111 Secur Corp
Central S W Util
150
600
23%
110 "110% F-
Senr 86 pfd—*
Illinois Pub
Central
48
■
Westinghouse
33% Aug
11% Nov
48% Nov
9%
26%
io y2
—*——o
common
Jah
'48%
*
1
8s Wire cl A pfd—,
Common
Bruce
Sale Price
High
Low
550
30%
io%
30 y2
Week's
Range
Last
STOCKS—
Rang* Slnee January 1
High
Low
Par
Brown- Fence
Friday
for Week
Bale Fries
STOCKS—
ENDING NOVEMBER 80,
Sales
Friday
17% Oct
Oct
Aug
27
July
66%Nov
.
;
;
:
!
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4443
Volume 162
OTHER STOCK EXCHANGES
RANGE FOR WEEK ENDING NOVEMBER 30
Week's
Friday
Last
Z'""'';'/T;'-|
/
U
Range
Sale Price
STOCKS—*
Sales
for Week
Low
Low
Jffigh
Steel
(Un
)———*——r*
Dorn
Iron
Works.—;—————*
12
VlchekTool-
Oct
Colorado
18%
29 y8
Oct
Consolidated Steel Corp.
7%
Jan
Jan
12
Fuel
&
Refining &
White .Motor
4%
41
208
a25% a25V8
————
Preferred—
Nov
4%, Nov
2% Feb
100
25
4%
...
1
Youngstown. Sheet «fc .Tube, common—*
;
Youngstown/ Steel Door- (Un)_——•
>,i
'
a36% &41'%
a61
:a62%
Chemical---!-—2
—
——
Oct
27%
Sep
Mar
27% Apr
580
16 Ya
Aug.
120
26%
Jan
107/a
Jan
71
Jan
30
23%
30y4
17%
70o
Members
Hudson
Detroit Stock Exchange
Intercoast
Jade
DETROIT
FordBuilding
Motor
Car
Co————
Petroleum
Oil
Lincoln
Lockheed Aircraft
Telephone; Randolph 5530
Los
Oil
11
13%
70%
72
31%
31%
•,
Co
Bala Price
■w
Por
Allen
Electric.
Brown,
,
1
—
Baldwin Rubber
15%
\
-
1,.
—-
15
3 " /V/
•
—
—
Coocinental
Detroit
&
^Detroit
Motors
Cleve
Edison
—.IG
10
20
Jd
Navigation—
Gray
Eureka
Vacuum
Iron
Federal Motor
.
————5
—5
19
Truck-—-—-
!——*:•
-General
Motors
5%
r
1
.10
-—->25
——^.25
6%"
•»
;
*
•*!
9%
'
Ball
Hoover
....X—s.;.lJ/
Bearing —-—*.413
-js
Hoskins Mfg ■
H——v..2% 0 0-.\ 2 Va
Hudson Motor -Car-—
.*
20
&
Hurd Lock & Mfg-—-—-44—1
a-—.—..I
Kingston Products
m*
JiM V ...'.,.,^1
'-4 mi
Xl
X
v>-.'7%
Kinsel Drug
-
'
m*
,-M»
iLakey Fdry &. Machine
„1*
2%
,
\
»
>
6
Nov
18%
Nov
9
',8%-
.
Jan
1.00 Nov
197/a
Jan
35y8 Nov
195
U 127/8
s
...1
...1
60c
16
—10
-25
,
Corp
Nov
12 ya
;
15%
36
6
Augp
r.
3
•
•3
a48
8
50c /■ 75c
18%
17,100
4,504
7/8
Oct
,
Nov
Jan
Nov
60c
Jan
18%
Jan
•
Nov
497/8 Mar
Mar
10 y4
Nov
4%
6% May
•
,
8%
Jun
33c
Corp——.
25
,8c
13c
13,300
73
73
10
Nov
May
Oil
Co
of
Transamerica
Calif*—.—.—*
—
11
19% Nov
Jan
26%: Jan
30ya
657
:
Nov
21-
Jun
36% Nov
,
Jan
32% Nov
31% Nov
555
30
Mar
4
38
Jan
40
Jun/
60%
260
39 Va
Jan
62
Nov
46y8
46%
!
884
39
'Jan
47
Nov
8
27%
8y4
;?
948
27%
305
17%
18y4
r 3,167
a62% a66ya
82
*
1
!
••
——*
/
•
Corporation—..——2
8t West Air Inc
5
57/8
8V4 Nov
Sep
15
Jan
28
Nov
10 y8 Mar
19% Nov
28
Feb
50%
'
.
Sep
—25
26%
26 y4
26%
1,712
20 ya
Jan
26 7/a NOV
Co—_.10
22
20%
22 y4
2,757
15%
Jan
28
n 35%
38%
386
16%
Jan
Union Oil of California
Consolidated
31 y4
73
SO %
Transcontinental
Universal
31%
Nov
a387/8 a387/8
7
pfd "A"_—25
Corporation.^.
Milling
Corporation
-32 y4
Feb
18c
14% Aug :
1,034
Oct
27%
Nov
73
245
357/a.
32 y4
dompany.^..^—
Oil
Taylor
/
6%
Gas
Pacific
20%
35
27%
>
Jan
-"4c
..rsi
19%
20%
;
preferred class B—
—25
5Vz% preferred C._!————
25
Standard
i
;
18%
—•
l
Co
20% Aug
25% Aug
355 '
&34% a34 Vi
6%
Sunray
Ney
Nov
7-9
Oil
Aircraft
?
;
•l.'..4% Jan
26 Va
Jan
27%
southern
Nov
35%
26'A Mar
60
Feb'
5%
47%
27 yB
■-
7%'NOV
;
Jan
20
4,625
•
580
Southern Calif
Nov
34%: May >
7'A Jun :
May
'.3% Jan
/■:; IV, May
•
1
27% Aug
16% Nov
■
Jan;
48%
10
8%
3,190
Sinclair
27/a, Nov
:/;i4%;
Jan
215
a28
a48
Safeway " Stores, 'Inc——-*/
/ Shell Union Oil Corp—
.—15
i Sierra
Trading Corp—
25c
j; Signal Oil & Gas Co class B
~
12%, Aug
-
Nov
62
4%
Solar
23% Jan
Jun
46
Jan
59%
Southern Calif Edison Co Ltd——25
Jan
14%
Jan
8%
*
Jan
Nov
8
j
Nor
Nov
14
37/8
Oct
,v
Nov
18
51%
—44——
Nov
i.
Oct
1.65
34%
7%
7
Nov
80c
192
200
.
a28
17%
15%
Jan
Nov
500
14
62
59 %
common—.
Oct
8% Nov
Apr
6'/8 Jan
225
62
--1'.
45c
38c
29c
A43% a45%
-
7% Nov
6% Aug
20c
^
18
14
•
a43%
.
Nov
Nov
95c
Jan
8c
500
1.40 :
195
3% Aug
.8,450
65c
1.30
Nov
Feb
30c
1,000
v
3,455
311,900
2,322
Nov
22%
Jan
1.45
44,993
.
22c
July
Aug
60c
803
15 y4
•:
183
20
92'/ac
95c
4% ; 77%'
40c*
400
.—1
7%
Jan
195
368
38C
13% Nov
-5%
35
8%
75 y»
1%
; 8,700
"i,455:
J 1,000
3 :;
33%
'327/8
Oil
Warrants
'Nov
13
9»/i
485
;
Jan
20c
Jan
;J "495
"7%
.•
2%-
^
$
1
7
,
15%
30
.
13%
45o
7%
Jan
-
16V*
t
100
20 / •..'■♦/; 150
7%
7%
,1,130
%
;
3 -'
32%'
•
,
«.
9o
2,310
8,725
Ryan Aeronautical Co
f
May
5,500
.4-1
Co—————
Nov
1.50 Nov
20c
...1
common-
Nov
7%
Jun
22%
...1
common—,
25c
8,665
95c 97%c
4—4.
J an
j. 100.
4,300
363v
*
30
-7%:;■%
..
1
•—*!.10.'
'Co_—,'—-4—--_10
! ;t .Kresge- fS. Si
30
•
2%
Richfield
Oil
"
32% May
27%
Jan
20c
——.
Corp
Elec
&
Jan
3%
Nov
§ 21%
%C
Co
;u:
91%
Nov.
' Apr
7% Mar
4
20c'
97
35
7
.62%
,16%
,
19
.
30
,
1.50
>; 3% Jatf
.
!.,»13% 14%,
; '
^25%/ 25%
-■
1.20
.100
Corp—
.
15% July
14 V#
-0* 992■
6%
;
370'.
10
■« 1,210
6
Jan
Nov
Finance
Gas
Rice Ranch
Nov
5l/a
9% Mar
1,250:
..
7%
25%
14 %. Feb
233
13
72
316% Oct
Jan
■:
15%
710
Republic Petroleum Co common—. —1
5%%
-.50
preferred ——
1
"v.. 1,700
:
800
390
473
,
Nov
Jan
-^4,439;
30
1
—
747/8 Sep
31% Nov
62 y4 Oct
>1.35 Oct
Apr
7%
—10
Indemnity Co.——
—
Pacific Lighting Corp common—;
*
Pacific Western Oil Corp-—
-10
Nov
Oct
1 %
100
13
;70%
—"
I
1
^4--———.5
5»/2
,21%
75c
■
Nov
,13% Nov
50% July
53% Jan
700
Pacific
Nov
-
129%
Jan
2,330
1,802'
3,403
,
5%
.;
''!12%
1
1
preferred
87/8
3
■
18%
Feb
'
i——1/ //''2%/- Z
Vaftey Brewing——
——1
Lamp
101%
19
1
—...UO/
common—-^4—10
convertible
5%
Grand.
5%
•15%. Nov
700
_
-a—*
?00000kIM
Goebel Brewing
Graham-Paige common.*-.—
Hall
16%
19
Jan
1 % May
i
Jan
14
.
Pacific
16%
1.25
Products.——
Pacific
.
4%. Nov
136
129
13%">-V" 14%' 15%
./
Frankenmtith Brewing
*—1 '
I
Gar
Wood
Industries———
3
0*^0+3
Gemmer Mfg class B±
General Finance common--
>'
7
935:
s:
July
2
10 y2
533
:3,550
18
,
—
Range Slnee January 1
Low
High
>
200
75'
362
Corp
Co——,
Clay
210
..:
Nov
18% Nov
10
Jan
Jan
91%
—1
Petroleum
Oil
Pacific
Shares
••:/•;: .-,0%, v.s
7%
: :; v 25 ', '• 25%/
5%
v
4% ^ 5%
'
5
——5
—
3 ',
,
16%
16%
-
common——
Detroit
,
2%
-
129
.
1
——1„
—
4
15%
*..17-%
•
Oceanic
Hiah
3%
Burroughs Adding Machine.
a.——!——*:/.13..
5
_!
Chryslpr Corp
■■
of Prices
Koto
.
4
.———A
McLaren
/'/.'Range'""
Occidental
8*le»
for Week
62 y3
946
Sep
700
7% Aug
v
27%
.—1
Petroleum
Jan
6% May
1,170
,
a58ysa61%
—..
Pictures
Feb
13
1.25
10c
new..
Corporation, Ltd—Northrop Aircraft —4—4
510
91
10c
—
Nordon
Detroit Stock Exchange
a81%
1
Manufacturing Co
Monogram
0010^4,■ Last
2,905
29
Corp__.
Merchants
-v ■
10
U 26%
7/7%
Co_———
Angeles Investment Co
Mascot
Menasco
0§00'^00YtUMf:0yVo^kfo
700
18%
30
C6„————_
Company
———,
Petroleum
17% Oct
95c
Nov
27%
Lane-Wells
NOV
94*/* Oct
12% Mar
30c
Jan
2,700
10
1,760
.10c
-
27
989
•
80o
—I
4
Nov
33 %
,
-10
Corp
Apr
31
27% Jun
7%
»
Hupp Motor Car Corp——.4
Chicago Stock Exchange
>
75
700
1
Hunt Foods Inc common——
New York Curb Associate
Exchange1
Now. York Stock
28
38% Nov
,
253
15%
Goodyear Tire & Rubber Co com-—*
Hancock Oil Co "A"
common—*»——•
Co_————
843
30%
17 y4
Corp
——2
Motors Corp common—
.10
Gladding McBean & C04—
Development
24%
a84% a84%
Garrett
Holly
30
23
a84%
General
Watling, Lerchen & Co
1LJA
160
35
-
r
Low
a 16%
34 y8
Electrical Products Corp
V
.4
Exeter Oil Co Ltd class A
1»
Farmers & Merchants Nat'l Ba,nk—100
Farnsworth Television & Radio-—
X
Fitzsimmons Stores class A——.——I
20
Range Slnee Janovor I
High
'
—
66 y4
39j/b Jan
Bales
al47/8
—
of America, Inc—
1
Aircraft Co—44*
Industries (new)———.500
Douglas
Shares
35
»
■
Dresser
39%
for Week
al6%
;*
Nov
Jan
26 Vi
•
Week's
'"Range ■
of Prices
7
Low
Iron
Creameries
Warred
Last
Sale Price
0/.;]
Por;
827%
206
12
■■
■
High
58% Jarl
106
27
,27
STOCKS—
223
a78%a80y»
S
Van
Friday
'.v'
Range Since January 1
Shares
of Prices
,
'Par
V
;
Oil
•'I Western Air Lines, Inc..
—1
Mar
38%
Nov
'
Products.—*—
Screw
.Masco
1
Michigan • Die
:• *
Casting—.—
V;-:.'V
*
Sugar Comm6n_.—
Preferred
'1 1-Z.Z-io
Mid-West
Abrasive
v
•
71,380
- -
4 y4
r!f ' 4%
~5%
-
2
.
3%
.5%
,13%
5%
14%
-
■
14% ;
—
vi' Murray Corp common..^.—_
Packard Motor Car common!
8
.
•
\
-
6,825
•5%
2%
1,070
-
8%
.
:
450
,
,
.
2,050
18
18
ly4 iJan; • ,
3% Noy
•.
Noy
?32c.:.;Jan// .V.is 2
"4 % NOV 0
2% Jan
5% Nov 0
:! 1% Jan/;';
/ 9
Mar !
C;xl4% Nov
9,730 "
3%
3
i 1%
2
1
/. Michigan
•
■i
3%
.
McCianahan Oil common—
■;
13%
150
Feb*
/;
Park Chemical Co common!—
Parke, Davis. &. CO——
Parker
;
Peninsular Metal Products...
; i
Prudential Investing
Wolverine
.
1
39%
yV'5%
5%
——1 / '•0r0«4
3'/8
■
408
,
29%
■
950
5%
4
4
.
V;
,
27
?
ih'**- v.p'.i**
1
500
■
39%
26%
yC'u 000'^
•
'/
4% '
43/a
Z;
wwaWiii..
J3 '/ Jan
.
200
2%
v
5% Nov
f
;
Mammoth
Calumet
Cardinal
Rickel
(H W) Co^—
i .River Raisin .Paper.—.
r
——
v-
;
Shelter
;>
Manufacturing ———
Simplicity Pattern common.
■
:i
Standard
Ti»o»
——. ——
~..l
/S!
i; Udylite Co
,Union Investment
^
i
S
.•
5
.
f
Nov
0K 5%
yy 4 • ••'
11%
Nov
Nov
/
■
!
.
Corp...—*——•
Smelting & Refining Co.—*
36
223
40
.
27/a
.
8
.6% July,
4% Jan.
2,523
3%
8
•
12%
•
;
40
Jan ! 7.3%
4% Mar
2,225
Copper Mining Co
Nov '
Oct
A T & S F
Aviation
100
3
Ry Co
Corporation
——
Works
■■
'
,
'
-
'
v
~
A,"
f.'-i" ■>',
■'
'A
^
*
•
;
\
....
""'V:
.
■:
'
wm*
',
vV'^v-
—
Last
/:
STOCKS—
■
Aiereon
.
-Mfg
;-'v
7- '-
fat
; sy4
;
.
297/a
11
Bros Corp common——
*
Barnh&rt-Morrow Consolidated—1
Barker
;
Berkey & Gay Furniture Co—
Blue
Bolsa
Diamond
Chica
Broadway
Byron
11%
36
36
100
62%c
1.00
23,208
Oil
Cprp—
4
6
12,100
7ye
7%
2,475
*
95c
57/8
_1
/!%■/;
2
^7%:./;:.6%
Co—4—*
■
7%
35%
42
Pacific
(J I)
—25
Solvents
*
Company—25
Southern Corp.
&
Continental Motors Corp..
Continental
Oil
Co
&
(B
F)
a33%
a38
96
•'
.
„
—
—
—1
77/8
1
Co—
——.5
High
Light Corp——
New
——•
*
*
l4
•
71
10
10
a60y4
*
—•
t
*.
——•
,.***■—**•
North
American
Ohio
Nov
Packard
36
1.00 Nov
•TX/'-.fi.
.NOV
7%
Nov
7%
Nov
Aviation Inc
American
Oct
Jan
Oil
& Co, Inc
-
38
•
—
»
12
Motor
Car
Co.—
8%,
*•
Paramount
.
•:
Chrysler Corporation
.
al31% al26% al31%
•
Pullman
Oil
Inc
—•
—
Co
•
a23%
Corp of America.—..
Republic Steel Corp
..
.
1,974
140
.
:
•
"-4--
Aug
94
Jan
38% NOV
120
'
5% Nov
123
■f
For footnotes see
page
2676.
Nov
Aug
Seaboard
Oil
Co
Sears Roebuck &
of
Co
Del
(new)
Socony-Vacuum Oil Co.—*—i:
Southern Railway Co———
18
*
—
Sep
41 y4
Nov
Mar
30%
Nov
8%
Nov
29%
Oct
18'/a
Oct
y
.
;;
^
.48%
Oct
40% Mar
457/a
Sep
54%
71
Nov
227
390
50 V4
,
,
.
775
75
18% Jan
77/8
75
l67/8
17
i*
25
138
2,185
575
25
" 905
„
17
57 y4
57
1
950
■
.
200
Oct
Nov
31
May
45% Nov
Jan
12%
Nov
32% NQV
25 y2 July
,
48%
Jan
74
Nov
22
710
160
1,326
59%
12% Nov
38
35% Mar
2,340
297
225
14
12% Aug
Jan
9% Jan
30
Jan
316
300
,
Jan
5% Jan
515
.
32
36%
Oct
38 y«. Jan
120
760
38
36%
16 %
115
^y'
a28% a307/8
a20% a2l7/8
8 - 8%
»45% a46%
.
Nov
5% Jan
19 y4 Jan
9% Jan
4% Jan
50
a30y8 a3oy8
.
—* r
17
32
Jan
32%
Jun
Jan.
14% Nov
Jan
27% Nov
9%
19%
'
16% Aug
5% Jan
21
.28% Mar
43
33%
Pure
Oct
4% Nov
21
26
Radio
-
Nov
32
175
Nov
Jan
21
16
530
Nov
Mar
Apr
29 % Mar
C it Feb
9
Jan
a37 a39%
a63V4 a63y4
a23 a23%
15Va 17y8
27'% 27%
42
28%
Nov
a437/8 a44%
31
Oct
Nov
11
a44Va
Jan
68%
28
Jan
4%
:
a39y8
**—.25
,
,
Jan
Feb
Phelps Dodge Corp.—
Feb
77
45'/a NOV
2oya
Pictures, Inc_._
———1
Pennsylvania Railroad Co——60
21
55-
Jan
388
72V4
127/B
a2l78
Jan
457/a NOV
19% Jun
48%
145
30
30%
127/8
*—..1
,
71
10
a61
12% -'
,
71%
31%/
Company...—.—
y :
30y8 30%
a48'/a a50%
11%
12
a32 a32ya
y472y8
—————10
Co.
a59y8,
12%
—
"
.
.**.—.?
-*
al7%, al7%
46% 46y4
a49yB a52%
—
1
——*
Corp————*
Co of Canada
—
.
California Packing Corp com—x
—
. a37%
a38ye
1' Central Investment Corn———i_100 v 4i(i " •: 116
-12ft
?■ i 1 Cessna Aircraft Co———4—:_-4_l'
■ 5%
:
5'h 5%-
Feb
49% Aug
94% Oct
10%
50
1,851
a27% a28%
a21% a21%
al7V4
*
Central. RR——
York
North
135
170
30
8,110
880
55
——•,***..
Co
Montgomery Ward
aloy2 al0%
1
21 ' 21
a337/8 a337/8
3
3%
15% •
17
a41% a41%
a28V2 a28.ya
.y 77/8
8%
—
Loe^'s. Inc.-
24%
ins
>
247/a
1
39 y4
,
65
a28%
!
Share
Graham-Paige, Motors Corp
Great
Northern Ry Co
pfd
Iron
3y4
17
,.i..—....—5
General Electric Co—
General Foods Corp—...
Goodrich
—
—
5
(Del)
——
Bond
—
•
17%
740
1,711
105,
y
a27'/4 a29y4
—
,
—*
—1
167/8 17y4
44%. 457/8
a66y8 a70%
.
:
:
Corp
Edison
.
16'/s
45%
25
Railway Co
Co......
Electric Power &
1% Jan.
1,867
a38
Nov
Oct
Electric
;
Jun
Jun
Copper Corp—.
Libby. McNeill & Llbby—
Jan
Nov
9%
32
27%
—
K6iinecott
1% Mar
110%
38 Va
5%
3
\ 17%
Jan
Jan
Aug
Jan
Jan
Commercial
Apr
5%
34% Jan
39 y4 Jan
11%
25c
33,893
42
Corp——.————1
Dept Stores Inc^common..*
Jackson
*
—
77 y4
Jun
5
80
Apr
6%
Nov
a427s a427/8
a49ya a51%
——
Corp—
Co
3% Aug
17% Jan
6,480
Nov
14%
5
Range Since Jan nary I
334
5y*
5%
———1
49
25
990
-
50%
Jan
6% Jan
2,482
•
32
Nov;
Jun
29%
540
243
>
18% NOV
SOy# Jun
196
15000
Borg-W,arner :Corp___.—^.....5 '
Borden
Commonwealth
low
>
Vv
Feb
50%
120
1,114
,
46%
Jan
42% Jan
Boeing Airplane Co
Unlisted Issues
■.
.
12
161
Jun v;
Oct
TRinity 4121
8hares
^
Nov';;
for Week
High
4%
————44—50c
Bandini Petroleum Co
Range
lou>
:
48% July
68 y4 Jan
Sales
of Prices
;
Sale Priee
■
•:
a61% a63%
447/8
49
14 »/4
13% 14 y4
al09 al06y8 all2%
4
9
8V4
9
530
65
902
,
188 y4 188%,
25
Angeles Stock Exchange
*
Nov
18
a62
a60'/8
—
>
:
Ihtqrnational Tel .& Tel Corp..—*
Week's
15c
115
190
80
Inti-Nickel
Friday
Mar
a23% a23%
Interlake
Los
6c
a52 y8 a53%
a92y8
a95
a28 y4
a30
iv.'.
West 7th Street— LOS ANGELES
2IO
Nov
5,000
:
a23%
York
'•
10c
a53%
a93%
,
;. a30
^ !,{:vV'' '\v
> ;•
May
5
*
Co—
Class A
—
17%
Nov
May
2c
5
Oil
Aviation
Crown Zellerbach Corp
Curtiss-Wright Corp
Listed
14c
2.00
.
41,700
Bendix
complete Investment
|I
Angeles Stock exchange
12C
20c
Sep"
1.00 Jan
350
Nov
Bethlehem Steel Corp
Barnsdall
Commonwealth
Member Los
'
2c
14,000
i: ./
9%
Nov
J/4!--':;://-;-■:* j:;
(*
8c
13
vtc
Co-—;-———*
Cities
Service Co..
...——10"'
Columbia Gas & Electric Corp—_——*
FAIRMAN & CO.
u
—
Caterpillar ^ Tractor
-:tv
16c
2.00
—
5
Locomotive
Baldwin
Canadian
Direct Private Wire to Allen & Co:t New
Nov
15c
a62
-
:
——14
50
Corp....
Armour & Co (111)
Case
ryj-
Nov
16c
July
Nqv
8
147/8
Apr
1%
13,060
Viscose
Anaconda
x
■
5% Mar
.100
..
American
Jun.
>
!>:
19c
Id
UnilsteS Stocks***
Amer Rad & Stan San
American Tel & Tel Co..—j.———.100
7
Nov.
6% Nov/
6% ;OCt 0i
:
6% Jan
7c
Jan
16,500
1.95
13c
_25c
Nov;.:;!
,
iii 12%
.
3% Jan
•
1,470:
;
.
7%
3%
.
Products— —.—4;
Apr
2% Jan
3,120 /
14%
40
40 Y&?
/
T"!Z~""r
Aircraft common
«4fner
3
520
,
Jan
•
7
.
14
14,500
15c
83/4
./
Oct
5
-
/ 15c
( 5%C
16C
2.00
.1
.25c
Ltd..
Imperial Development Co
Zenda Gold Mining Co.
217
14c
11c
15c
NOV
29%
.
3% Jan 4
12% Feb
-
:/.v. .7
,
>1,427
8
13
147/8.
535
.
v 57/8.
11
11 %
■
1
7/*.,
7
•
750
V'.
6%
5%
'0^:.
U
5
6%
>0; --'00:0?%
a-
•
common——
Walker, & Co class A__.._.
Wayne. Screw
j.
,i 11%
——.*
'V
Radiator,
-
V
11%
<<
'
Mng
| Cons Chollar G & S Mng Co
39% NOV
Jan
.3% May
1,150
.
13%
13%
6Va
k-
-
„
1n
13%
■
common.— ........1
Tube B
Brewing
7
,.67/8
—J.10
bcouen-Dillon
)i
»
225
47/8
4y«
47/8
Gold
8%
Mng Co**—-10c
Co—10c
Co—......
.1
Jun
Amer
;*
Cons
Mines
Gold
Nov
.
2% Jan
3,350
f
•
Black
■'. x 8%
.;
4%
,
Feb X:
Feb
.
;;
19%
"
^
•
Jan
5% Jan /
710
.
Mining Stocks—•
!
,4 Alaska Juneau Gold Mng Co.——.10
■
Oct
Jan
43% Nov
Mar
36% Nov
48% Mar
17%
Nov
8% Nov
84
Jan
17V8 Nov
19% Jan
28% Oct
25% Oct
36% Oct
13% Jail
34% Jan
Oct
20% Mar
10% Jan
26%
.
Oct
397/8 Nov
17%
Apr
; 57% Nov
•
THE COMMERCIAL & FINANCIAL CHRONICLE
2672
OTHER STOCK
RANGE
Par
Range
Inc.——Standard Oil Co (Ind)——
Standard Oil Co (N J)—
Stone & Webster, Inc—
Brands,
Standard
Corp
Studebaker
Co
Texas
;
Lines.
Air
Inc
IIOQ
U
S
U
S
Steel
Corp——:
Western
30 y2
Jun
21-%
Gas
Star
Oct
National
Nov
National
Oct
Pittsburgh
a
145%
127
Aug
Aug
Pittsburgh
110
33%
Feb
Sep
1%
Jan
-
13%
44%
•J 435
51l/2
51 %
35%
35%
20 V'a
1
33 %
503
31%
20%
y-
325
y
a48% a49%
26%
85
18%
Jan
9%
Feb
37%
San
Nov
'
Nov
7%
27
1—5
2
-25
157%
-
Nov
15%
Nov
1%
2
27%
2%
Jan
5%
450
1%
Jan
1% Mar
332
y
.
'•
160%
,
Jan
100
10%
118%
Jan
1%
•
453
5%
155
Jan
12%
7%
1,884
27
9%
49
United
Oil
Steel
21
-K286
20c
14
6%
•
Jun
Nov
Nov
Nov
160 %
Jan
Nov
10%
Nov
..r.'
20
•5%
5%
40c
5%
,
90c
Jan
2
Oct
5c
Jan
40c
Nov
7%
Sep
15%
9%
,
Jan
20
Nov
1% Jan
6
Nov
6
Nov
140,297
1,200
-
.
325
5%
,
!'
250
1,065
)
5%
Westinghouse
42%
5%
43%
625 L
34
33
122
27% Mar
34%
•
...
Air Brake
Westinghouse Electric Corp com.
42%
32%
Steel.
Alloys
1,050
15%
17%
1
common—
1
15%
1
Glass
2
"1%
■
20
1
Springs
;
40c;
—.1
common-
vtc
Common
2
1
Gas
&
States
Vanadium
Nov
1
—
Toy Mining-—
Standard
25 y4 July
::
Jan
594
570 ■"
5%
common
Plate
Shamrock
37 Ya May
'
Apr
Nov
51 v2
•••■■'.
Brewing
Co
Renner
Oct
31%
-
15%
11%
Nov
27%
*
Jun
8%
Jan
10%
10%
Apr
Nov
82
,,
Jan
41.
*
165
•
5%
6%
-—10
Radiator.—
Glass
Pittsburgh Screw & Bolt Corp..
Nov
5
68 V'4
Apr
31% July
240
..<
40 %
58% May
59% Jan
585
V
80%
30
a49%
27%
310
40
310
15%
6%
Pittsburgh Oil & Gas—
117%
■\':v 170
8%
11%
Corp
Fireproofing
59
98
4%
High
7 % May
;'Y/
22%
35
15%
10
Jan
Apr
Jan
65% a 66%
V
36
26 V4
IIIlO
Sup sly
Jan
,
Low
10
7%
#
_—
Fuel
Mountain
17%
49%
82
8%
Range Since January 1
High
10
Oct
34%
84%
.12%
—10
Lone
Jan
200
31%
Co—
Motors. Ind>—
Willys-Overland
Jan
Jan
375
••'77 y#
—
Woolwortb Company (P W)
Harbison
18%
68 Ya
'?'»
41/2
Westinghouse Eiec -& Mfg
Nov
Jan
Low
10
—1
Brewing—
——
Walker Refractories...
•«?
a
Pictures Inc.
,
Union Tel Co A——
Pitt
Fort
Oct
100%
a31% a34%
5
Bros
Warner
41%
11%
30
a50% a55%
a55%
Shares
...10
.—
a
al43ya al42%
10
Co————
Rubber
Jan
31% Mar
225
y
'
a97%
—
(Del.)——
Corporation
United
Steel
Follansbee
Jun
a58% a59%
22%
22 %
'
;
100%
-10
.—
Corp
Aircraft
united
a583s
a
35%
57%
235
'yi
28 %
28
■v...
-10
Pacific Railroad Co—_
United
170
a38% a38%
—25
.——
Carbide & Carbon Corp.
Union
67%
■
Assoc Oil
Water
Tide
Union
for Week
of Prices
Par
High
Jan
35 Ya
122
28%
Sales
Range
Sale Price
stocks—
'
a22% a23%
22%
a
I"i
—25
,
Low
29%
75
a40% a42%
67%
:;yy ^.V
Range since January 1
Hlah
Low
—25
Week's
Last
Shares
a42t'8 a44 %
__
30
NOVEMBER
for Week
of Prices
;
—25
——
Co—J-.
&
Swift
;
*
_
EXCHANGES
ENDING
Sales
Last
Sale Price
STOCKS—
WEEK
Friday
Week'i
Friday
FOR
Monday, December 3, 1945
35%
415
31% Aug
1%
Jan
Jan
Nov
43%. Nov
35%
Oct
-<37% May
Philadelphia Stock Exchange
Friday
Last
y-
<■'<>
■I!
__
Baldwin Locomotive
Bankers Securities
1
82 V
!1 Budd
Works v t c
Corp preferred
Mfg.Co common—
<E G)
Chrysler Corp
Brothers
21%
"51%
Pennroad
Corp
u%
12 ya
Pennsylvania RR—:
;14%
:>12%
Philco
;
27%
Dome
Oil
Sun
~
—
1
Mining
St. Louis Stock
Nov
8%
Nov
Nov
Friday
Week's
Last
Range
for Week
Nov
Sale Price
of Prices
Shares
Nov
STOCKS—
Far
T
32%
.—25
pfd—
Corp
Bank
Shce
Jan
Griesedieck-West.
Hussmann-Ligonier common.
Huttig <S & D> common
500
57 3a
Jan
73
Nov
1,257
1
■
4y2
Jan
4%
4,063
1%
Jan
4%
2,695
iy4
Jan
49 y2
282
38%
25%
3,349
13%
23 y4
53
18%
39
50
30%
.J,--
Dr -Pepper
Jan
Nov
Feb
4%
Nov
Nov
4%
4y4.
48%
23%
20%
10
23%
23
20
...——
39
39
..
.
-
25%
•
Oct
Jan
Nov
Key
23%
Nov
39 y2
Jan
International Shoe
y
Last
yyy'M'-;".::-.'
Co
Gas
Nat
Co
,.
Devonian
Oil
Duquesne
Brewing
8
July
7;
i
Nov
Nov
Nov
V"? 10
Mar
34%
Nov
36%
Jun
22%
170
-
41
Jan
22 V4
40
•
v;
Nov
Nov
;•■: 57
57
10
34
50
10%
Jan
%
22%
•>-150
14%
Jan
23
'
Nov
47 Va
Jan
66
Nov
4
65
y>-
5
i.
i
8
Mar
Feb
1%
96
30%
;••
Nov
6sa
9%
60
28%
3%
yy
100
Pub
Oct
6
_
Steel
Securities
2434-
196
29%
330
11%
yy 9%
22
20
35
;
300
27%
110
17%
35
17%
60
100
'%
83
y*-
83
32
•v
71
■
Jun
Nov
35
7
Nov
17%
Jan
27% Feb
105% Mar
12
Nov
36
29%
Aug
11%
.
•
65
106% 106%
7:
20
70
'
Nov
22
;
Jan
17%
'
22
Jan
28%
Nov
'18% Sep
Mar
32
Oct
12%
Jan
58
—-
45%
Jan
302
Oct
/V 45
,
Nov
Nov
60
Nov
106%
83 ■■■>
Nov
V. 16%
Nov
•
Mar
•
common.—
Inv
common—
Fuller
&
,
#
com-.—
Aluminum
Baer
\
16%
iinii
4
V
10
common
32%
60
60
Jan
10%
25
'
Jan
32%
;
Nov
21 Va
150
11%
Jan
-.21%
No"
30
730
13
Jan
30%
Nov
48
).
21%
28
30%
15
16%
32%
t
—
49
450
35
Jan
49 ."
Nov
80%
Feb
v4 "
; %
Nov
20 V4
Jan
24%
18%
Jan
29%
—
BONDS
Nov
y 402
Nov
25
29%
Feb
20%
.33
e
Wagner Electric common
Nov
11
35
5
.
Sterling
20
:>
8
208
.
27%
——j.' —100
Stix,
Jan
Feb
32%
100
—
—
'
29%
com
Nov
6%
Jan
4 V8
"A"
common—
—...
Jan
17%
y/22
*
1
Serv
:
16%
8.33
Inct
•
20 Ya
"
II~25
com
common
preferred
20
310
12 V*
23
39%
42
45%
11%
••.':• I'?
*•
42%
43
_«
Supply com—
Nov
40
Apr
13
413
10s8
Louis
Scullin
High
.
Jan
'K
5
com.
42
;:■■• 45%
"
Range Since January I
,y 100
&
Candy
Preferred
Low
yyy
19%- 19%
5
1
...
'
•
•-
_* ""
common..
Cement
Scruggs-V-B
High
6^a '
;
*
Electric common—
—.——10
St
Shares
40
Piping
National
for Week
38 »/4
39%
*
common.
...—:
Range
Low
*
Ludlum Steel
Gas &
5:1
100
common
«
Monarch
Portland
1st
of Prices
■
Sale Price
y'Par
Blaw-Knox
300
39%
•
65
common.
Knapp
Sales
Week's
Friday
Arkansas
10
Sep
Pittsburgh Stock Exchange
Columbia
Mar
30%
22
•
Co
Midwest
Allegheny
5
100
70
30%
'. 30%
—
Nov
Mo
stocks—
39%
8
Jan
.
5
33%
57
Preferred
50%
Jan
Laclede-Christy Clay Prod
Meyer Blanke common
: ■•■■•vv
_*
__
Jan
-30
135
■
9%
;33
;■''■/• 37
com
Hyde Park Brewing common
Hydraulic Pressed Brick com
Nov
5
common,
Brew
HH"''1
-
103a
42%
.,
Bottling common
27% May
252
41
9%
4
45
100
70
41
10
Co__
61 Va
;
.
6% Aug
300
High
Low
8
67%
1
common
Electric
y'Y 8
*
common.
Mfg
Coca-Cola
May
4y2
3%.
■'
Il3%
Inc.———'
Coal
1534
100
-45
-.3
common
,
'
Improvement—
Westmoreland
Jan
Century
29% Mar
Equipment
B!dg
Brown
NOV
66%
.
48%?
Westmoreland
36%
Range Since January 1
High
'
Sep
41 Ya
Exchange
Low
Jun
122
Jan
85
•
■
593
8a!es
Nov
29%
Nov
19%
7600
Bell Teletype SL
29%
"V
Oct
225
CEntral
.
49 %
27% May
32 Ya Mar
v
.
Chicago Board of Trade
Exchange Associate
14%
8%
.
3s/i
——.
Corp common—*—
United Gas
1,036
Stock Exchange
Curb
46%
56%
7%
55%
65 %
•
-
358
24%
24
8%
56%
Corp—_—
common—
preferred
$3
20%
116%
York
Jun
-
Jan
•
"/Phone
Nov
"17%
'
1
Jun
Jan :
,;
27
.
43 ya
—
Oil
Invest
Transit
United.
^
y
-Y"'
Missouri
Nov
49%
37% Mar
21
75 y2
Louis
St.
New
16 Ys
•
Jan
5%
44 Ya
26
*.
—
Tonopah
Jan
: ,16
41%
37 ya
26%
common.,
Paper
Scott
'
■r
■
;r;,
St., St. Louis 2,
New York St00k Exchange
•;
Chicago Stoek Exch.
Burkha rt
Motors
Salt
Nov'
Jan
.989
:
:
Nov
55 V'a
k
Oct
24%
Jan
y; .7%
167
31%
31%
pfd
41%\
Co
Reo
;
118% 118%
'24%
;
...32%.. Janytt:
'2,981
28%
27%
,-
4,731 y
3,399 :
29%
-
y
4th
North
300
Co.
&
Established 1871
v>:
rA-:V?Members
'
:
preferred
2nd
Nov
y'
-
Jan1
21%
12%
:
-
3,047
8%
121 %
Jan
6%
66
14%
46% :-y:
28%
Corp
Reading
Nov
134%
!
-l!
Oct
,23
Jan
270
45
118%
Power 8%
18%
•
43% Aug >
•-62*
1,763
12%
.
.
'
14%
7%
common
Elec
Phila
.
9 y4
.16%
»•
.
.
-
1,456.
49%
.
41%
preferred———
preference
$1
4.4%
C
45 Ys
Philadelphia Electric Co common..
.;
939
8%
Salt Manufacturing:
Penna
Nov
,
Jan
250
44%
—
Edward D. Jones
Nov
82
S "
Jan
92%
.
1,027 1
v
73 ya
11%
.
10%
661
33
'
10 '/a- Jan
...
,425;
1
22 Ya
.
14 ya
—
——
Nov
24% Aug
57% Jan
170.
.v
52%
.
49%
'
50
v
24 y8
.
.
70 ya
.•:.73ya
———————-
'
Nov
T?v 1963/S
170
23
.
23%
-
27%
Jan
990-
.
High
Jan
157%
-
'
21%
.10
Motors
General
Gimbel
,1 Lehigh Coal & Navigation^
j Lehigh Val'ey RR_
| National-Power & .Light.
18
21%.
51%
Storage Battery—
Electric
.
•
y
126% 131%
.1*3%
Light._
POwer &
Delaware
:
—
Pub Co common:—'
Curtis
>
17%
131%
778
.
v
11-17%
485
.
-
82
22%
L
S
:
33
17%
Budd Wheel Co
:
29 y2.
81
;
•
Range Since January 1
Low
y
26%
25%
...
St. Louis Listed and Unlisted Securities
Shares '
186% 192 7/a
33!
•
for Week
High
Low
•.
192
Tfel 6t Tel—
American
Sales
Week's
Range
of Prices
26 %
r
American Stores
s
Sale Price
stocks—
102% 102%
coriv inc.-1964
St Louis Pub Serv 25-yr
$5,500
102% Nov
.
CANADIAN LISTED MARKETS
'
RANGE FOR WEEK ENDING NOVEMBER 30
Week's
Friday
"v
Toronto Stock
Exchange
Bell Telephone
Week'a
Salea
Last
Range
for Week
of Prices
Shares
Friday
'•
"<;'*.vIf /YvV-'
• •
'y'-Abitibi Power & Paper common
6%
preferred
preferred
7%
—
Preferred
Acme
&
Aldermac
102
of
.—100
j.
Area Mines '
_
Arntfield
Mining
Ashley Gold
!__
Atlas
I
Yellowknife
Mines
Geld
95
-•1,185
,
-
100%
265
•73c
26,550
Feb1
Feb<-
Jan
Jan
HI
Mines
NovA
107
■
Oct
1.30
10%
jh
British
American
Oh.
British
Columbia
Packers
British
Columbia
.7,900
-
21c
13,000
16c
-
55c
70,100
10c
Jan
78c
88c-
23,000
27c
Mar
50c
62c
125,930
28c
Aug
6%c
May V '
Feb
88c
205,300
15c
58,200
32c
47c
■; 46%c
51c
8,300
41.C
Jun
68c
120,600
35c
Mar
:
63c
Mines
Bankfield
Consolidated
—1
1.28
29,450
4.25
4.45
6,000
(
4.30
Mines
-1
56c
51c
58c
131,515
16c
;
20c
47,565
74c
3.60
July
Nov
-
Jun
27c
59c
1
,
NOV:;
1.40: Oct'|
62c:
,l'k
lo
210
Mat
'/Nov']
1.03
88c
i
t,/
May-f:' ¥•
Oct #r .i
Jan
Apr
Jan
4.75
Nov
13c
Jan
19c
10V4cJun
of
Montreal.
-10
19%
of
Nova
19%
20
850
.10
30
29%
30
995
26% Mar
30%
30%
15
20c
25,470
27% May
12 %c May
5%
50
6cotia______
Toronto-
Base Metals
.10
"
1
Bathurst Power class
Bear
Exploration
&
Beattie Gold Minei Ltd
j
—
For footnotes
17 %c
see
page
5
1
1.
Beatty Bros class A
Class B
19 c
B_____I_~II
Radium
~
~~
2676.
1.69;
1.35
:
'
9.50 Mar
225
^
63c
Nov
B
y 15
::
-
oct
Anr
14
17,200
36c
40c
31c
33c
35c
38c
38c
18
.18
12«/a
»13
15
24%
26%
14
14
V'f 25
36
25
:
Buffalo
Red
Lake
Nov
Oct
NOV
Mar
32c
Jan
15s/2c
Jan
45c
Apr
30c
Oct
67c
Jun
36c
Oct
67c
928 >
25%
20
'>■
Jan
8%
i
U,
Jan /
Sep
Nov
19
14%
200
i*
13%
Nov
'■
i—*
L——*
25%
25
class A_—/—♦
-7
v'::
"•
V
1,095
40
:
.
6%
Apr
15
Feb
28% Aug
Feb
14
Nov
25%
Jun
25
7'
22 V4
8%
•
■
•
175
;
7
23% Aug,
6,843
■V:
37% Aug
Apr
20%
255
4%
Sep
4
623
39c
38c
43c
31,700
33c
Sep:,
1
63c
63c
65c
8,900
59c
Sep
1.65
5.70
43c
•
1.55
5.70
1
—,
Mmes—
40c
1.73
95c
5,550
6.00
'
.
Jan
5.00 'Jun
850
45c
35,600
8%c
Jan
.
27-
Sep
2%
3%
•
Gold-Mines—
Gold
12%
54 %
•
2,000
11,300
25%
35
14%
.
•
Jan
25,000
15
•26%
•'
•
Jan
50
Oct
Jun
May
12c
.19
12%
10
,
55c
Mar
7%
\35
21c
20c >,"•
40c
,
,10
20
54%
_*
Oil—
Canadian
Nov
Jun
Nov
Jan
78c
*
73%c
Feb
2.45
6.50
65c
Sep
Jan
May
59c
202,900
Nov
59c
Nov
22%
Mines..—y__
22%
23
545
18%
Jan
24
Aug
5c
4%c
5%c
15,100
3%C
Jan
10c
Apr
57c
-
Products
Bunker Hill
♦
■
•
40c
40c
•13
13
635
10%
Jan
13 %
•
19%
19%
20
75
17%
Jan
24
Feb
<■
Burlington
Class
30c
1.46
3%
Buffalo
&
44,500
1.40
Oct
12
common—"'
Buffalo Ankerite Gold Mines
Building
74c
54%
21c
v
—
Dominion
Buffadison
i
.8,100
*
Jan
12
syirx.1
_l.__5
Power
90c
•
>
Nov
Nov
Jan :
161
v-
High
76c
180
11
11
11
82
10
Oct
15%
Jan
8
Aug
12
Jan
2.35
Steel.,—
Co
class
A—
B
Sep
"
Bank
of
14
■
.v
Broulan Porcupine Mines, Ltd
t>i-l:
92c^N0V.:;^<v
45c
British
Distillers
&
Class
,»
C-!
NoVne.{%
1.90
Bank
Bank
14
<v"
Nov!V
1.20
40c
Light & Pwr com—•
Nov>fr^>
65c
37c
—
__i—____L
Roofing
May;»
5 1.23
37c
—_—•
"
„
Brazilian Traction
).
Burns
Bagamac
<;
■J
Brantford
■
Nov
Ltd
Mines,
97c
-
85c
50
Brantfoyd Cordage common^-—
'.
32c
37c
y
1134 V
Bralorne
-
NOV
75c
j
Nov
Sep
58c
) 33c
-
20c
20c' Jan
24C
3,600
79c
—1
*
Boycon Pershing Gold Mines
1,207
10c 10% c
85c
—.1
Gold Mines
Bonville
13,300
86c
;
y
Nov
2.35 May
63c
37c
1
;;
30c
•
10,400
1
10%
Jan
19c
-
1.35
i
;wi
58c :
7.60
50c
10 c
13%
1.10
*
23c
<
180
13%
1.35
common———
i—
Bob]o Mines Ltd
Bonetal Gold Mines
14J/2c Aug
:
Julyf.y.:
j
—IZ»11
~Zl
Mines—
Ltd
Aumaque Gold Mines—
Aunor
1.20
176
13%
1
Hats
Ribbon
Preferred
Nov
104
.
1.25 Mar
.1
—
Mines
Aubelle
'• 106
20%
Sep
Jan
5%
10 %
* :
54c
y
r130
179 %
':.yy
Nov
60c
63,100
••
371
-'
1
—.——
—
Brewers
21c
|
Astoria Quebec Mines
Athona
'
99
7%c
75
9c
106
:
84c
j
-
12c
51c
'
Aug
4,200
128
63c
1
17
566
24c
j
Gold
V'.y":
700
376,800
•
10%
j
I
Gold: Mines—
Armistice
Blue
19c
1.05
•
V
Nov
6,500
1.01
106
'
Nov
173
'
;
Gold
Biltmore
'■>" 77
Jan
2% Mar
9%c 12 %C
129
■
pfd.
Oil—
7
Mar
10c
19c
common.—
Nov
44
M
LOW
•v.:
,
1
Mines
Bldgood Kirkiand Gold———
140
1.70:
1.60
1
Anglo• Hurohians■•;«..■
; Ansiey Gold Mines—
•
;
■ f
Aquarius Porcupine Gold.
Ii
Arjon
102 103%
1.65
ll%Cr,
Canada
Canadian
20%
10c
1
Consolidated.
Ltd
Mumlnlum
Anglo
__•
Copper-
Aluminum
20
High
45
1,600
170
76C
1
Mines———
Range since January 1
Hm
60c
70c
100
of Canada
Quebec
Bevcourt
3,950
76%
•
Shares
'
LOW.-
5 Ya
73
20%
Belleteire
Berens River
r vi
Range Since January 1
High
_
4%
165
76
100
i.
Gas
Pacific
Alberta
5 yb
•
[
Oil_^.
:•
170-3:
100
common—:
i
&
Gas
Oil
AJax
•
_——1_.__.__
Sugar
Low
100
•
—
Acadia-Atlantic
Par
1
Yellowknife
Beaulieu
Sale Price
STOCKS-
for Week
X»ow
Canadian Funds
Sales
Range
of Prices
Last
Sale Price
STOCKS—
16%
3
Apr
Apr
,.1.65
*
1.75
99,554
1.22
Jun
1.30
1.10
14,900
1.23
Oct
■
22%cApr
20 Va
Aug
Caldwell
Linen
Mills
Jan
Calgary &
Jan
6%
2.35
Nov
Feb
♦Campbell
Canada
39
39
10
29%
Feb
40 % July
27%
27%
2zo
22 Va
Feb
30
Sep
Red
Class B
4 V2%
12
2.10
7,950
40c
36c
42c
24,484
2.10
1.85
2.15
6%
5%
7
—
1_.
Lake
Canada Bread
1.90 May
12
1.96
—1
.—1
Calmont Oils
24%c Mar
—
Cement
Preferred
Ho
j.
preferred
"100
12
2.00
common
Edmonton
30
30%
i
100
.
73
101%
13%
common.--.
.100
73
73
102
192
13
130
13%
130
•
1.70
20 %c Aug
1.70
7,500
2,310
25
\
775
10
,
*
f
101
9%
118
Sep
Nov
Nov
Nov
2.40 Aug
Nov
Oct
5
63
52c
7
Jan
78
Aug
Oct
122
Nov
Apr
Feb
18%
135
Oct
Nov
„
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4443
[Volume 162,
CANADIAN
RANGE FOR
LISTED
WEEK
ENDING
2673
MARKETS
NOVEMBER 80
■
V
•
v
Vveea'a
Range
for Week
of Prices
Shares
.
STOCKS-—
.
/,v-;Far ,.; •/
Canadian Listed and Unlisted Securities
Gpldcrest
Goid
^_1
Eagle
Goldhawk
,<
———
Arrow
Golden
Gaie
Golden
DOHERTY ROADHOUSE & CO.
;
>
f;
TORONTO
THE
MEMBERS
STOCK
Telephone:—WaverlejL.7411
r
Branches:—KIRKLAND LAKE—TIMMINS
-ft
Graham
fftV
..
Great
Friday
S
:
Last
Range
Sale Price
STOCKS—
Canada
Northern
Packers
Class
Power
11.
'
57
'
7%
Jan
32 V2
Jun
12%; Apr
158%. Jan
"
18
45%
'•:
180
17 '/a
46%
Preferred
•/&• 29 ft'
•
;
81
Nov
84
■■ftftftft 45
25
'ftftftftft75':"
9
9
Jan
18%
Jan
47
Bank
auadian
•
1st
Commerce
Breweries
Canadian
Apr
84
28
Sep
Oct
.
5%
Jan
•
preferred
Conv
Car
2,200
14
Jan
19%
Fdry
Jan
24%
Nov
Apr
23%
Celancse
23'/a Aug
<26%
25%
26%
265 ft
*
Preferred .A——
20%
22%
565
17%
Feb
24
*
15%
16
970
10
Sep
16%
33%
34%
•
55
56
100
1.55
1.70
Rubber
&
vtc
•
8
Gold
Bridge
13%
Cotton
14,700
8c
7%c
9c
21,400
—
5.00
5.00
400
•
8'/2
8%
ftftV'. 325
*—*
-—,
19'A
19%*
10%
11%
90c
88c
93c
20c
—1
35c
1
Mines
1.90
;.
v
Heath Gold Mines——————1'
Hedley
■
-
Hasaga Mines
Oct
Heva
Nov
Apr
34%
Nov
Highwood
58
Jun
Hinde
Dauch
37
Oct
&
Hudson
101%
Canadian
Tire
Canadian
Rubber
&
Wirebound
*
27
26 '/a
20
Feb
15%
16
Mar
100%
Jan
.25
15%
Jan
100
20 %
Jan
Hosco
Oct
21
fiowey
Oct
&
Gold
Quartz———
1
2.75
2.85
800
"
Trethewey
Patricia. Gold
1.80
-
Jan
Central
Centremaque Gold Mines—,
Gal
Chemical
Jan
1.89
Jan.
3.05
30c
33c
65,500
12 %c
Jan
49c
Nov
51c
65c
38,400
41%C Nov
65c
Nov
Wines—-—*-_.—u.-*
7
1.85
Research
-
1
-
Mines
Bar
1
.
-
-
Knitting
30c
1.79
wnians
Plow
1
-
Mines
Gold
'••
GOc
Mar
Jun
2.42
Yellowknife
National
Apr
1.50
Jun
18%
4.70
4.80
15%
620
22
Sep
75c
5.95
Sep
Island
15 %
Nov
Jacknile
84c
Nov
Jack
'.»<85c
May
42c
500
35c
.Jun
99c
Nov
1.01
1.47-
7
."'.ftT'
1.85
1.85
•
•
16
5
:
81%
1.90
16
6% Mar'
7.
•
1.33
4,200
1.45
16
170
81%
2,820
49
147
143
142
1.17
1.25
7,833
1.20
:
■
7%
27 %
27%
60C
65c
1
1.44
14
•
1.46
2.40
Mining
—
Croinor Pershing Mines—
Crow's Nest Coal
Jan
2.09
v
May
Mines
Patricia
42
—100
Gold
Jun
M
38%
Feb
Leather
Class
B
16c
•;
class
A
,
Kirkland
Hudson
Sep
Klrxiand
Lake
1.93 Mar
Kirkland
Townsite
44
Jun
Apr
1
-J
1
*
i
—i
(John)
Labatt
Nov
1.14
Jun
1,215
28'A
Jan
20c
30
1,045
13 »/4
2,800
1.15
Jan
2.00
3,000
3%c
Feb
13c
Mar
8c<
83
84
76c
.
1.45 Nov
19,900
475
,
90c
1.55
42%
360
Feb 7. '
70c
104,400
30%
29%
Ltd
'•:
1.55
common
Mining
Mines
9c
1.40
-31% Jury
.
Nov
89
95c
■'
25 % July
of
Woods
Luz
Mines
31%
Nov
La
Lamaque Gold
Dominion
Bank
21%
Dominion Coal preferred
Dairies common———
Dominion
Foundries
Dominion
Magnesium
Dominion
& Steel
V,
!
22%-
:
670
18
Feb
13
14
.-315
9
10
44
29%
com
——
30
1,525
''•25'..
1,180
•••V7^'
8.:
7%
,
21%
Malting
Preferred
22%
;
•11%
Nov
450
•
Lebel
14%
100
Feb
Scottish
Steel
13 )
5,785
7
•
22
23
2,610
14
24%
Jan
&
common-.*
lt>»v
10
1,090
in
111
35
lZ */2
1J-/4
4%
4%
40
•
2V4
'
Dominion
Tar
Chemical
Preferred
Dominion
Woollens
Duvay
common
Mines
Lynx
108%
East
Am phi
Gold
Madsen
Feb
111
Oct
Malartic
Jan
13%
98c
Jan
22c
Jan
2.40
Apr
46c
51c
136,850
46c
Nov
65c
Nov
Sullivan
East
Eastern
Steel-
Economic
Elder
Eldona
,
Grain
Ford
Foundation
Francoeur
9,800
41
2
Nov
Maple
1.70
1.98
10%
40
50
; 49
50
;100
)
90
;'•
.
■ft'-ft 5
Co_*__
A
•
;
5%
•
'
'
28
Froblsher
Exploration
Gatineau
Power
'533
,2%
Apr
43
Nov
3.10
11
Jan
6.50
57
July
Jun
/
6%
3,395
*
31
30
31
75c
7*c
30,100
5.25
5.15
5.40
15Ve
-
5'Ac
Mines
5%
preferred
5 % %
—
f-100
preferred—
Wares
104
100
103'A ^
McKenzie
Oct
McLellan
McMarmac
Nov
''■ft McWatters
21
Feb
:
52o
30
32
Mining
Oct'
Model
Nov
9.25
15%
615
10'A
Apr
15%
Nov
104
140
Preferred
105
Oct
Moneta
108%
Oct
Montreal
21%
Oct
Moore
9.35
10
20.250
Gillies Lake-Porcupine
1
•21c
18c
22c
111,400
l
15c
15c
16c
28,100
55c
27,500
27c
Jan
85c
Mar
5,700
19c
Sep
35c
May
God's
Lake
Mines
Ltd
;
For
footnotes
54c
1
see
page
2676.
700
26c
50c
2Cc
27c
1.15
"ft
11%
0.50 Mar
9c
3 'Ac
Apr
Jan
28c
Jan
.v
Nov
/ft
24% Mar
.
.
3.55 Aug
Jan ft
1.80 Nov
20c
ft/
-
9,300
Sep
10c
6,300
Jan
44c
Nov
3c
Jan
13c
Apr
59 %c
.
60c
July
28c^
Jan
Jan
3c
Jan
ft
55c
Jun
13
Aug
14%
Nov
ft
31c
Nov
59c
Jun
18
Apr,
29%
Jun
5,869
ft
30,340
200
'
Oct
5'Ac
15,720
30,600
95
5,190
ft; ft/
19%
ft
18c ft Apr
ft.
12 %c May
1.35 Mav
ft-
,
1.45
28
27
28
*
Jan
49c
21%
Sep
23% July
2.35
17'A
Jan
.25
Jan
35
24'A
.no
ft; 15%
7.25
9.15 May
Jan
25c
20.040
'
ft
;
Nov
'
20
Oct
ft/
10c
Apr
1.55
Sep
43c
Sep
1.86
30
Nov
28%
Jan
25
Mar ft
2,000
89c
Jan
41,000
30c
Nov
35c
Nov
Nov •"?
26'A Mar
319
30c
Jun
48c
..
ftv:
Nov
2.45
1.23
v
855
27%
*
Apr
Jan
16c
122,050
i >
Oct
ft, 22c
15% July
3c
ft'
Jun
55c
,?
#•• 1.15 Jan
31,700
30cft
27
ft,
20%
f
Jun
/ft
Apr
Nov
Jan
i,
Nov
Jan
9c
255
ft.;-
ft}';
Jun
6.15
14,500
Oct
Jun
12c
ft ft/5.70
"ft
29
8.00
1.76
24'Ac A pi
Jan
1.05 Mar
ft" 8,932
;i
Sep
214,550
fc
£
ft,
ft;
Nov
15,500
1.49
2.35
.
2.15
14c
ft
•
Nov
2.25 Aug
Jan
150
•
17%
-
.
Mar
1.00
2,769
1.50
,2%c
Jun
50c
16,200
19%
,
11%
,
500
26,540 ft
-
'•
Nov
.
2.09 Mar
ftft
80c
Jan:
Jan
1
4.20
ft
Jun
3.50
3.45
3.60
21,234
3.25
Jan
2c
Jan
4 Ac
5 Ac
10
*0c
^Ol
39°
1ft
:——-*
100
1.01
38c
.
A37A
;
—1
ft-*
,
ft
Gold
*
Mines
33c
Oil
&
*
Gas
15'Ac
8-75 ft
*
-1
ftl
i
—ft—100
—ft
21c
21c
36
39
-ft 7:107% 107%
90
67c
'?,e
•
22%
21
22%
*
69%
68 %
70
-7
-
Apr
Long
;.
Nov
ft
30%
Nov
ft;
20
July
|
14% Nov ftft
109
Sep ft.;
Oct
Mav
Oct
19c
May
Jan
8c
"59*/4
75'A
Nov
\
1.85 May
i I
1.35 Mar 'ft
1
16c
0
Jan
12%
'642 '
44c
Aug
3,250
,
Jan
17c
ijooo
-
ft 1.99
Jan
■::
Nov
Apr
,■
9.30 Nov
/'
-
:;
Mav
33c
■?
Sep
39c
Jan
14c
23,200
Sep
.18'A
Jan
22%c
'5,400
10c
Jan ft
4'Ac
•24,500
;
25c
Jun
39 'A
107%
Nov
20
"r'"4''' 30
103
m,5
92
Feb
135
May
5
85
May
91
Oct
Lac—-———*T——1
38c
34c
39c
ft—,— •
15'A
15'A
365
29
15'A
29 %
14c
15c
'1,000
1.10
Feb
24 Va
Apr
70
Nov
Jan
39c
Nov
12
Feb
15% NOV
28
J"lv
Jan
20% M"1
1,575
535
Feb
03C
*"6,950
•'
Mar
"
57
Jan
20c
„
common
20
Preferred
National
Petroleum
ft—
-25c
—
"ft-
,
24.S
10'Ac
Feb
j
;
(
Nov
,
85
32,800
NationaL Grocers
5
-
11,900
Mar
24c
Mosher
i
Nov
51c
Jan
105
40
Apr
1.39 Sep
>
Mar
18
8%
•
37
130
*'•"•"
ft
16cjr
9.00ft
90
Power
22
ft'
1,000
1,147
10,125
28C-'
130
6s
<
37c y
—
Heat
50
4,044
/ft.
Nov
15%
■
8'A Mar
2,104
ft/'"'
18 A
—-
common
Sep
ft
100
Porcupine
Light
"
July
•
ft
Nov
15 % c
Jan ft-.'
8c
27c
Fee
1.50
22%
ft;
Apr .ft
77c
107
preferred—:ft„_100
Knitting
Com
'..•*
15c
8.65
Nov
'ft 171/2
1,500
7'Ac ft
18
■
65c
7
16,700
74/2
ft
•<•
9c
Apr
12% July
16 V*
2,365
ft,'7
26c
18
Feb
Jan
190,400
42c
i.
33c
27c
7
*
10
1,312
14-A
30
6c
,7
Nov
4.15 May
12
3,563
V
9c
73
;7%c
Gold———Aft':
Lake
Red
—
--
1
Mines
106
—
-ftft*
0
4.25
ft
15
x3 %14%
,
<
1,142
1-09;^
*9 ft.},9
,
-
Lake
14 A
29%
•;
82,700
6c
1111 A
12
13
80c
110
22% 22%
.
10c
11c •'
--
1
Mines
ft 5.25 Nov
ft. 3.50 Aug
Jan
10.387
'
i
Goldale Mine
Jnn
3.85
preferred
May
9.60
—
Nevi
Mar
1
i
..
May
Giant Yellowknife Gold Mines
Gold
Nov
2.17
Containers common
15
20
Glenora
20%
9Co
ft
2.25
Oils
102
97
Nov
43
18,615
Corp
Modern
Feb
39
May
32%
68,5173
Gold
Mid-Continental
Jun
95 %C
"July
t
ADr
35
lOX %' Aug
4.95 ;
3.25
Mercury Mills
6% July
Jan
19
Gold-——*
■
——---1
—
Red
Apr
Sep
350
Jan
45,100
8.60
19%
I'c
53c
14 A
29%
Gold
Nov
4.40
108 V2 108 %
Sep
4.75
3.15
3.85
McDougal-Segur —ftv
Mclntyre Porcupine Mines
Nov
19%
-
Feb
luo
42,600
6.60
8.50
19 'A
1®C
41c
12%
Preferred
Sep
*
common—
6.40
common—————*
20
Co preferred———
(L)
15c
3% May
24%
,
Steel
ft" 22Va
'ft 31'A
6,033
17
1.60
1.98
38c
8.50
19%
;
1'c
4^c
90c
22'A
McColl Frontenao Oil
Monarch
General
v.'.
3.20
4 15
ft'
Rouyn
McBrine
Sep
3,750
7
\
Jun
/
6.60
ft
ft ft--*--—*—*
Gold
91:h
Apr
Jan
•-
125
79c
common...*...
23%
common——*
!
ft—
PrpferVeri
Nov
40
Jan
'
Massey-warns
;; 1.72 Nov
-Jan
3
v? 65
-175
29
15 %
—
Jan
35
51,100
•
;
Marlon
4.30
380
•
:
—
Marcus
y 8
.1,560
91
14c
•
Maralgo
Apr
Apr
Nov
1.40
Jan
ft;
Jan :ft-ft
1.05
30
1,090 ft
23%
ft- 8.720
7.05
20,350
1.12
1.29.
>■••
7,000
■ 16o 17 %d "
2,632
23
24
ftftftft- 25
31'A 31'A
'
'
87
12c
5
28%'
-
Aug
3.05 May
6.75 May
-16c
'
4,981
•
"
14c
•
:
'
6.15
47c
ff 21c
53c
253,750
10
5.85
Oct
35%
1.70
6.00
8
Nov
•ft' 71c
6,500
Jun
'Nov
ft-14
Mar .•;,;
62c
Nov
16%
Aug
•ftftft. 7
206,850
',
16%
1.55
1.92
34c
23%
6.50
23'A ft
6.60
<1.23
'
*—
'
132,000 "
'
Nov
22%
Jan
12
4.85
pfd—-—
Milling Co
Leaf
Rights
Preferred
Sep
11
125
1.49
Oct
Nov.,
''ft 27
Feb
13%
\
Gardens
Maple
8c
2.26 f Jan
38c jMar
2,745
:
40
ft
i
Mines
Eastern
&
Leai
35c
"
5
1
class
.
.
)
Mining-.
Canada
.43
-
1.33
•
Snopsi—-
—
Gold
39%
Vv 40
1.37
common—
Aircraft
of
4.50
1
Uandv
Klrkland
Co
4.25
25
—
—
Preferred
Fleet
4.25
5
—*
farmer
Federal
7,480 :
1
Falconbridge Nickel
Federal
27,000
25
!
Gold,Mines
tr.riiuy
12c
2.68
*
Investors
Gold
Equitable Life
4,700
11c
2.60
J
;
M ines
40c
lie
2.60
38c
■
'
73c
1.33
2.25
Fields
Gold
Manitoba
2.50 Mar
59,000
38 Vac
,
1.40
2.27
Mines
Gold
Lake
Red
Oct
35,300
1
Oct
36
9 4'A
.
—-———1
Macassa
MacLeod-CocKshult Gold
19
'"••'
Oct
Nov
38c
Nov
Nov
1.65
1
Mines.——
18%
»"
45
3.7c
25%- ?5%
Iftft
—• ,..•••■.? 35c
Gold
Yellowknife
Nov
1.50.
7%
Am
*
14%
■
East Malartic IK ines
May
Jan
54c
ft
Mar .ft
15%
10,500
8c
V; 4ft
—
24
1.35
ft
20
Apr
38
:
,
85 ft-
380,700
r"
7c
50c,
65c
,
Goldfields
Louvlcourt
v. 1.45
45c
-
Class "B"
Jan
13
1,230
4%
Apr
Nov
1.09
■
.
Jan
Nov
;
as
1.90
1.80
43c
39c
7c
—3
19'A
1 •".-'
—
1
l-4^
——1
25®
Gold
Nov
1.40
Co
ft
1.05
48c
16 7A
1-60
1-93
37c
-*
.—ft—-1
——1
Mines. Ltd
Gold
Mar
1.61
—
Mining
Gold
h
100
—
Donalda Mines
Duquesne
12%
;
Sep
102
Mar
Stores
com
10
'10
1,125
22%
ft"" 3,563
15%
910
13%;
820
-7%
14%
Lingman Lake Gold Mines
—1
Little Long Lac Gold Mines Ltd——
Loblaw Groceterias class A——-—*
Jun
8% Aug
Oct
100
Dominion
B
■
•
12c 13 %c
—
Mines
Oro
Lexinden
Jun
13 Va
Nov
Dominion
Inv
;-;••"
■
32'Ac
.
* ft
Candy
secord
Laura
Nov
30
.?AprjfH
Dominion
class
30
25c
'
27
6c
34c
—
Lapaska Mines
Nov
.16%
.
*
——
Sons
&
Lang
23% July
May.,.;";
Noy
'
100'/a 101%
ft
.'ft.—
'
common——
Mines—
Lapa Cadillac
■■
Leitch
Dominion
Nov
17%cMay
■•',
'
1,065
70c
Ltd*.^.-1
Fortune Gold Mines—*
*
Shore Mines, Ltd——ft.—--->—1
Lake
May
Sep
11% Aug
Exploration
&
Lake
Nov
1.63
Mines
1,870
8.473
7c
Lake Dufault Mines
Nov
13'A
z
Lake
Seagrams
Diversified
12 %c
1.45
Red
Distillers
3,000
Mining
Labrador
Oct
2.10
%
Nov*
4.65
51c
Jan
25,800
31
12c
*—*——.**——F
Kerr-Addison Gold Mines-—'-1
Oct
12%
Mines
Dikenson
34c
8,050
28c
34%
94%
1.20
1.75
37c
30c
7c
48c
Kelvinator: .Co
•
Nov
29 %
«
Delnite Mines
Denison
19c
*;,"•
1
ft—
Kayrand Mining-
Lake
Petroleum
.
Nov
75c
Feb
60c
.300
...
1
Nov
163A
;
Apr
34
1.70
1.80
40c ;
37c
-1
-**
(Ottawa)
Publishing
Journal
Nov
9
..
Oct
;GOc
5,800
1.75
21%
Jan
30
ft 22'A
.
Mines———1
Quebec
28
Sep
1.35
510.
88c
1.60
3'Ac
100% 101'A
41
42
22% 22%
1:
Mines
Consolidated. Gold
ft Joliet
1.60 Mar
Jan
55c
Nov
14%c Feb
c r
Jan
27 %c
1.15
*
C-
1
Mines
J
16%
Jan
23
.
6,500
44
85c
__1
—
Aircraft—-——
ft;
Nov
70c
Mar
24.700
34
42
1
Jason
Jellicoe
81%
Jun
Oct
-1.70
•
-Jan
3.05
25c
27,500
1.06
30%
•
1
'
Crowshore
ft
Oct
■ft 96c
Jan
:v, 10%
3,401
26,600
51,600™"
43c
37%
7'A
85c
—ftft
*
Mines
Nov
149 %
Jan
3%
5
5,000
"
18
n
9c
22'A
15
13 %
-
98c
.
Mines
Gold
Jacoia
Nov
—
1.15
—1
—50c
*
Cournor
565
63c
.
27
"
100
ft
Waite
Jun
'7'/a
Aug
1.00
50.
8%
•
1
1.47
/'/.
Jan
2.26
'
75%
common*
-
■
100
1,425
/
145 %
•
100
*
Imperial Mills
290,300
2.40
Mountain
Jan
Jan
22'A
15'A
v
—* ft.
Mining
Uranium
lnternation .1
<
May
43c
2.30
Aug
"
94%
.
4,000
16
4.20
40c
3414
Petroleum
International
Nov
Apr
Coke
preferred
4%%
2.94
30,450
1.32
Conwest Exploration
Dome
Oct
40c
_*
i
—1
& Devel
Coal &
International Nickel Co common.
12 V2
80c
2.40
—1
_
Bakeries
Corrugated Box
Jan
42c
——————5
Mines
Consolidated
14 V2
25c
70c
lie
Mines
:
Mines—
75
.
37c
37,600
; 9,375
*
-
Consolidated Mining & Smelting
Cohsumers Gas (Toronto)
Davis
8c
25c
*
ft International Metals class A
Feb
1.15
-
Petroleum
ColomaC
•
Mar
1.50
215
14%
14 %
1
Oonlaurum
25c
3,000
5,241
33c
Oct
1.07
Apr
36%
■'Preferred—£1;
Indian Lake Gold iMines
—.*—*—I
International
Nov
,
34c
18 %
•
4
•
Conduits
Coniagas
.8
1.86
34c
l
Co
Lake
Commonwealth
Mar
1.24
•
"
cocnenour
4
1.75
>
18'/a
*
Malartic Mines
Cockshutt
120
.
1.20
*
Citralam
"V.
■
:
1
Davies
43c
10
Oil
*
Imperial'Tobacco of Canada ordinary_5
Nov
—*<
11'A
Jan
.25c
imperial
1.00
2,925
Chesterville Larder Lake Gold Mines
Cub
77c
ft 20c
37%
Imperial Bank
6,500
2.80
Chromium
Cosmos
1
27
Inspiration Min
Chauteau
Coin
17,700
164,200
1
paid
Nov
1.85
2.70
1
Porcupine Mines-
Apr
55c
•
common—100
Erie
&
Apr;
2.90
•
1.65
i
Mines
65c
•
,
Nov
1
Central
Circle
Gas
Mines
Mining & Smelting
Bay
20%
Nov
30
Oil
Gold
Huron
Jun
28
—
Yellowknife
Gold Mines
Nov
40
Nov
11%
Oil
Homestead
S Sep
Oct
6%
60
26%
Nov
1.23
-;.•
"
Cariboo
Castle
41%
16'A
7,722
27
•
Boxes
23c
Nov
Jun
19% Nov
Jan
58c
Hugh Malartic Mines
Hunts Ltd class A--—-*—
18%
Jan
43 %c
60c
Oct
101 101%;
Apr
5'Ac
22,100
1
Jan
17%
Apr
68c
68c
——..—_1
1.35
-—100
Oct
9
Jan
15'A,
ft3.50
33c
8'Ac
12%
*-—-—-25.
ft 15%
6'A
5.25
Mar
16
Oct
——
Feb
20c
37c
8'Ac
Jan
Ry—
ADr
6'A
54 %c
3.60
Homer
10%
Pacific
15c
14,381
1
Home
70c
preferred-*—
Apr
Jan
32,022
*
Holiinger Consolidated Gold Mines
Sep
Nov
965
A
24c
36c
5
Nov
14%
2,800
Canadian
14% Nov
-
1.95
1.50
63c
9%c
9'/2C lO'Ac
21% ft
21 21 %
*
32
19 Va May
10
Sep
;
'
Apr
Apr
61c
60c
_*
Oils
Scarcee
Jan
195
Jan
'
'
35c
—
1
12
ft
ft'
Oct
54c
1.85
ft
65c
1
Mascot
Cadillac
1.20
i
Jan
8B/a
-
Feb
Mar
22c
Jan
142,700
35%
11'A
Jan
16
3.10
15,394
17c
Gold
Nov
14%
.
3o
1,705
11%.
Harricana
37
Jan
5c
30
.18c
1.10
•
-ft-/'""
—1
Mines
34 %
•
—*
V
.
Harding Carpet*—-—*u—-—**-♦
Hard Rock; Gold Mines---————*--1
Gold
Nov
12%
It
515
16c
—
12%
26% May
14c
;
Nov
Apr
ft/ft 6% Aug
■
Nov
12%
37
85
12%
--1'.;
14
...
F
1
Ltd
18%
common
Nov
ft; ft". 4%
10Q
15c
Mines
Mines
13%
Malartic
'
1
17%
Oils
17c
Jan
Apr
Apr ft
4./
23c
22'Ac
ft: Class
Locomotive
Mar
5,800
70
Canadian
Sep
57
50
11
-_vyv
1
1,430
Canadian
111
4'Ac
305
15%
Jun
Apr
108
350
■'•'
Nov
53 V* Mar
13,850
,
36'%
11
15'A
90
44c
Ltd
13 %
Canadian
.150
/ft. 40c
27%
562'
10c
..55
11
Nov
41c
Jan
40c
Mines
Gold
45%
•>C;4,020 :::
36Vo
1.70
Nov
3c
'
36
11 % '
11
—
.
10 y
35
Jan
35c
11c
26 %
A__*
16c
;
81'Ac
8,500
8,000
;•
1,000
41%
com
14%c
;
*__1
—
41
Alcohol
14%c
•
• .
—
—-* .,--15%
——
2G
_
55
; :'35%
• 11 %
i.—?
——*
Saddlery—
12 %
A
Canadian Industrial
106
54%
*
*
270
200
103 %
54%
T-*
—
Canadian Dredge
—.
———*.
Canadian Food Products common„_.;
—
8c
—1
common
——^—-
Wire
40c
5u
'
Paper
>22,900
-
36c
6%c
103%
common—*
^
~
36c-,1'
V—
1
24a
.
1.65
1
;_1
———;
—
Hamilton
Nov
.135
common
Nov
Oct
6,106
23
common
Nov
39c
Hamilton
Oct
'
1S%
23
22
—
&
New preferred
Canadian
17
22%
20
—.
preferred
Canadian
16%
°
.1.
,90c
Jan
20c
Hallnor
Oct
July
9c
20c
Gunnar
Oct
Mar
26c
Bousquet
ft Halliwell
Jun
10
100
—•
common
common
95c
,
Nov
25
Canners
Jun
162.400
Wihksne
Harker
Canadian
G5c
365,800
Halcrow Swayze Mines
July
23
,
4,300
Gypsum Lime 6s Alabastine——13
Nov
39%
\
90c
Oct
Nov
70
480
25
___
common-
36%
11%
84
A
-
.'
Nov
180
175
common..
,.ftft Class B
Sep
19
Mortgage-
class
-
' T12
50
135
540
11
Steamship
Bakeries
Apr
Grull
HiflOt
13V4
Permanent
Canadian
.48 Va
VV
35%
Canada
Wire
i':
35'/a
——
A
/
Canada
Canada
Low
18
class
B
70
88c
,
High
1.20
35c
'
West
14c
90c
Tire
Greening
Jan
Low
'
''.'-•V-
54
54
■
4c
66c
Preferred
Range Since January 1
13.000
27c
preferred
Great
Shares
Hioh
Low
Canada
.
10c.
35c
Common
■
for Week
of Prices
Canada, Maltlngft—-ft-**-ft-—
;
Salet
Week's
•
Sep
9c
80c
Lakes
.
Vtc
,
26c
1
Preferred
Cable Address:—"Dohroadco" Toronto
.
90,300
1
Mining
Goodyear
293 BAY STREET, TORONTO 1, CANADA
99c
Mining
Mines
Goodfish
High
90c
Mines
Manitou Mines
Goldora
EXCHANGE
1
——
Range Since January 1
Low
;":;y
93c
9%c
•
i——1
Mines—-
Golden
dales
Friday
Last
Sale Price 1
•
3d
22c
Jor
Oct
f
THE COMMERCIAL & FINANCIAL
2674
Week's
Range
Sale Price
Shares
Friday
J
STOCKS—
National
class
Sewer
New
A——.x
23
24'/2
1.61
1.74
63c
'53c
—,
Nov
46c
Nov
29c
Jun
64c
May
West
30c
25c
30c
65,900
25c
Nov
30c
' Nov
Western
3.05
3.35
>'.6,700
59%
—
6iy4
4,738
Mines
99c
1.05
<16,325
80c
July
36c
21c
40c
38,100
7c
Jan
40c
10c 13 %c
Jan
20c
Star
Oil
Mines
Loan
63,700
12 %c
Jan
26c
1.11
5,000
1.05
Sep
400
2.00
Nov
2.60
18c
8
Nov
Jan
6%
Nov
3.90
50c
52c
5,900
38c
Apr
Jan
58c
19,000
I
36c
35c
38c
12,000
32c
j Oct
68c
Apr
27%
23c
30c
588,500
21c
Nov
30c
110
45
107
440
>-6
36c
33c
34c
-50
•v
112
Jan
Gold
Winora
s
Sep
17-
14
9
Jan
15%
75c
37,700
51c
Oct
1.20
Yankee
Knitting
-
8c
7%c
8%c
15,333
7c
Sep
1.00
30
2.30
150
Uchi
>
>
18c
;
Nov
67 %c
Mar
1.40
450
26 %
Aug
31%
16,550
1.19
Jan
2.46
Nov
47c
64c
Apr
-1
23c
22c
25c
'-,35,200
17c
Oct
27c
Nov
Atlas Steels
-1
8%c
8
9c
28,500
5c
Feb
16c
May
Beath
British
v.
.
'
73c
72c
75c
38,581
37c
Jan
88c
.1
37c
37c
45c
21,750
35c
Nov
59c
Oct
Mines—
>1
1.47
1.45
1.50
2,600
Jan
1.75
*
22
22
22
100
47c
57,232
——_
\
\
42c
wcy
,1
„X
.
•38c
—1
4.10
4.20
—1
6.65
6.85
—1
18
Powell
Rouyn
65c
1,500
65c
49c
52c
8,210
25c
Gold
27%
840
1.35
1.40
1.20
•
Mining Co_
Pressed Metals
11%
11%
2.46
2.23
Sep
Canada
Jun
Canadian
1.01
Apr
•
Vinegars
Marconi
Westinghouse xXxXx-U I!*—""I*'
Copper-—xx-£.---x—.xIIIIlls
2,200
98c
Jan
2.00 May
1,100
81c
Jan
1.65 May
Dalhousie
1
Apr
1.15
13
Nov
Jan
2.70
Nov
y
202
18
Nov
13% Aug
70c
Sep
Humberstone
International
11%
13%
4,590
13'A
Nov
50
Nov
Langley's Ltd
Nov
Minnesota
Nov
1.39
Feb
Pend
i; 15%
480
15,700
91c
41
-
6,200
70
Mar
45c
"
>-
1.30
Jan
65
Nov
80c
75
July
98c
13,900
13'/2c 14 %c
10,789
18c
Jan
37c
42c
13,800
35c
Aug
6c
8 %c
1,100
34 %
34%
93c
38c
,_1
30'Ac
63,150
52c
59c
36 %c
1.02
1.20
8,900
1.02
Nov
17%
19%
18%
2,865
15
Jan
19%
55c
I10
66c
Jan
1.02
18%
-1
:
Apr
115
•
19%
44 %
44
44%
-i
23c
23c
26c
140
San
A
Sand
10
9%
10%
34%
34
36%
Oct
———l
5.85
5.75
6.00
1
10c
Gold
45
:1v
8,880
10c
12c
10,000
5%c
13%
150
1
Shawinlgan
*
22
1
75C1
1
15
5
7%
7%
7%
34%
34%
16%
16Va
Gold
Mines
.
Silknit
Ltd
common.-
Preferred
—
:
—
1.40
1,100
21
22%
335
11%
6.95
Nov
18c
Nov
14
July
1.64
Nov
yy 5%
Oct
Acme
July
84c
Nov
July
16% May
75,904
63c
756
12
113
4
Apr
30
Feb
14%
Jan
7%
14
*
25%
25%
25%
24
24%
101%
new——
50
51
16
16%
'
1,32
43,200
2.95
3.00
26
4,605
1.22
55
new
Siscoe Gold Mines
bladen
Malartic
South
Atlantic Sugar
and
S
preferred ——1
Glove
Works
Steel
Algoma
Ltd
..Canadian
y*
21c
Apr
1.90
200
55c
Feb
45
44
22c
41
■
of
pfd
Canada
Anglo Can Tel Co preferred—x
Asbestos
Bathurst Power & Paper class A
Nov
Bell
May
14
17
1,905
y-200
*
•
105'A
15%
Feb
26
Oct
10%
Jan
24 %
Nov
Brazilian
99
Apr
101%
Nov
British
:
Springer
Standard
5 %
97c
Chemical
_
common
of
Nov
100%
Jan
107
"Aug
"
20
•'
V' vk,'
f
Nov
Calgary
Power .-X,———.—1-X—X—*-1.-,
99%
Sep
Canada
Cement
19%
Oct
6%
6%
220
Nov
7%
75c
86c
60,560
46
46
100
84c
46
common
•
—
:
/..
2.57
70c
Nov
34
Jan
195
> 67
80
75
72
2.30
2.57
67,500
78%
79
12%
Apr
6%
85
91
5
32c
35c
4,400
95c
46
79%
Apr
'
2.00
91
32c
1
20c
Mar
Oct
Oct
80
%
3.35
Sep
Canada
Oct
Canada
91
Nov
Feb
37c
Jun
May
9c
8c
12c
9,000
4%c
Jan
15c
2.90
2.90
3.05
5,300
1.50
Jan
4.05
Apr
50c
51c
51c
60c
21,400
Nov
69c
Nov
3.40
3.50
6,010
22
20%
22
1
•
350;.
1
5.30
5.20
5.45
5,630
Oil————5
1.25
1.25
1.25
520
57c
•
22
22%
310
2.15
2.20
1,400
*
38
39
125
53
53
50
100
Exploration
*
Transcontinental Resources
Twin City Rapid Transit
common
Union Gas Co
27
40c
7,850
Jan
Apr
Jan
5.70
Oct
1.25
Oct
1.40
Jan
10
90c
28%
52
111
24c
Sep
Mar
-
110
Apr
Feb
40%
Nov
July
54%
Feb
Mar
Oct
Oils
Mines
1.37
17
Apr
30
Nov
25
17
Feb
30
Nov
125
100
Jan
110
Nov
1.35
1.40
125
22,250
14
44c
14%
10%
10%
2,682
43c
48c
29,783
30
10%
30
120
350
1.20
11
Sep
Jan
7% May
36c
27%
May
Jan
For footnotes
22%
23%
755
16 % May
42
41%
42
210
40
5
4%
5
678
3%
*
8%c
8c
10c
9,110
8c
6%
6%
7
4,740
3%
2.58
2.45
2.60
14,200
14%
14
14%
1,296
14c
16c
1
see
page
Apr
110
23%
—.1
NOV
28'A
1
Ventures, Ltd.
48C
28'A
■"
Uoner Canada Mines Ltd
146
110
•
,—
Jan
3.05
•
—
88c
25% May
Jan
25
——
Oct
nov
3.50
50c
50
United Fuel class "A"
Class
B—
3.70
22
28
.
—„•
B
146
35c
2.50
10'A
7
28%
.
•
1
—
A
—•
—*
.
Union Mining
40c
*
—.100
——
United Corporation class
142
1.
„
Traders Finance class
A-™—^
Class B
i
—,'X—
preferred
3,800
22
2.15
50
Trust
60c
•
1
:
51c
15c
78c
74c
78c
89,100
12,600
1.80
11
Julv
Oct
July
Apr
Feb
Bronze
.
Preferred
•
—*
common
Canadian Car & Foundry
Apr
Feb
28
Sep
15%
Jun
23%
Nov
835
Jan
26% July
*4% Nov
,25
;_*
—100
common
Preferred
Foreign
X /
f.
:
"
29%
175
>
Nov
Nov
Jan
Jan
40
8%
18% Nov
•:>46% Feb
24 % Nov
43% Nov
Jan
38% May
V
Nov
59
Jun
Oct
41
NOV
Apr
37%
y30
28%
26%'Jun
6%
Oct
6
Mar
14c
July
7
Nov
2.68
16 % Mar
Nov
Apr
1.05 May
.25
13%
1—_—._*
22 V*
Dominion
Steel & Coal class B—
Dominion
Stores
Ltd-.
!
Dominion Tar & Chemical common—*
100
-Preferred
Dominion Textile common
Preferred
Dry den
:
—
:
—
——100
*
1
Cornoration
Enamel & Heating
'
——*
Paper
Electrolux
19
*
Products
11%
Feb
20%
Jun
535
12%
Apr.
15%
Nov
"
49 V,
.
82
Jan
33
41%
Jan
38
Jun
28%
660
•'-47
12
675
-•-•in**
42%
2676.
1, \fi> 1-
-«v'
Nov
41
Oct
16% Jun
11% May
3,505
Nov
90
Jan
Feb
29
Nov
Nov
13
July
„
620
Nov
30% July^
Sep
"
"
16
;
9 %
13%
Jan
:
i 94
•;
35
■1
25
"
124
Jun
Feb
30
Sep
Jan
180
Nov
*y
13%
7,131
7 % Mar
14%
Nov
22 % 23
18% 19%
111
l11
92
92
165
lt>6
2,935
14
Jan
23%
Nov
2,130
12%
Jan
19%
12%
723
12%
12%
12%
17%
17%- 18%
9
9
—I
Oct
4,672
60
.
Nov
40
15% Mar-
'700
10
Nov
13
Apr
1,074 "
2,165
175
Mar
15%
Apr
6Va
640
Sep
"
47
Jan
33
90
570
Nov
34
:Jan
28
993
"17 /
Mar
10
46
13 % >
30
18
46%
>2,650
8,460
82
,
Jan
Jan
11 %
-•"•882
41 %
46%
29%
13
85
40
16'% Nov
10
r
15 A-
1,686
27Va
46 yy
14
12%
35
18%
15'A '
Oct
Nov
131
40
370
145
41n
41
10
Dairies, common—____X_*.
—
'
:
«.*,
538
34
56
'
;.X 15%
Nov
11
y 60
Jan
60
Jan
60
15
33%
v
"
y
16%
—
100
May
Jan
43
■■■■
—
24
Nov
46% Mar
32c
.
Steel—,———A*
Aug
Jan
Feb
15%
.
Dominion Glass common—'
24
17
9%
43
-
Dominion
Jan
860
119%
'
—
Dominion Foundries. Js
Nov
20
Jan
18%
47
•
>
Investment—
Sep
May
11
425^
261
18
46
23'%-
22%
55Vt'jw. 55'A
Cottons preferred—-—"25
Canadian
2
1
>. 240
V
13'/2 HH 1,743
46
27%
46
Canadian Ind Alcohol common!
—•
14;'
13%
Class B
x
12%
Canadian Locomotive _X—;
1-*
35
33
Canadian Pacific Railway—
—25
18%
18%
cockshutt Plow
-x*
- 14%
Consolidated Mining & Smelting
.-5 " 82
75%
Consumers Glass
:
*
41
41
Crown Cork & Seal Co___
._*.
x_
- ' 46%.
Davis Leather class A
'
•
v" 29% ,J' 29'A
Class B
12%
Distillers Seagrams common
——85
83%
Dominion Bridge— —*
39
39
Dominion Coal preferred-X—XX—25
> 13 f>: ; > 13"
Canadian
NOV
24
—
60
,
" 17%
y
--■>:,
.
21
1,250 v
23 i
?1%
130 y
11
18
18
45% 46
.
common—; 157A
...—-.——
-
Canadian Celanese
x_y
(18
46 * 1
22%
50
Nov
19
15%
-,4
19
13
v-,'
—•
Steamship common-
preferred
Nov
30
'
Nov
22%
129
r 11
1*.
xX
Canadian Breweries common
,Canadian
yy
v'—
-_x
70c
Sep
Sep
—i
North Power Corp
Nov
180 ;>
Feb
161
v'V
13
130.
*
common
11%
"17%
Oct
11%C Aug
60c
3.15
5%
Aug
Jun
Iron Foundries
Nov
20%
310
60
•
■
'-X
-
100
;
Preferred
Aug
1
Gold—
Canada
"
._*.
common
Preferred
Nov
_1
Preferred
General
7
79%
78%
•
1
——
Toronto Elevators
Vicour
\ y
Nov
1
—
Steel
,
May
Tip Top Tailors—
United
'
14
Mines
Canadian
Oils
'
99
-*
Consol
United
*<•
'21'%
Jun
'
Jan
4.074
22%
21"
,
30'A
Mar
14%
25%
25
3%
X
55 %
54% July
26%
23
19
4;
19
—5
25
Thompson-Lund Mark Gold Mines
Vermllata
Nov;
;
23
65
Sylvanlte Gold Mine®
(G) common—
Teck-Hughes Gold Mines
Class
'
Nov
134
180
106
24%
{ 22%
22%
25
• V
12%
710"
•
•
18%
Tamblyn
A
l.oo
Corp, A
-
99 %
Sudbury Contact
-
Feb
Pr
B
18
11%
25
Towagmac
1.84
Nov
88c
15,600
Nov
Columbia
—"
Sterling Trust
Bturgeon River Gold
Toronto
1.20
2,100
;
Jun
Class
11%
*
Preferred
Toburn Gold
15
100
British
99%
Canada
Cons
j,
May
—.*
preferred—
Steep Rock Iron Mines
Texas
Building Products class A
Bulolo Gold Dredging.—
88c
Paving
Inlet
Nov
89c
...—
Starratt Olson Co
Surf
20
1.30
Stedman Brothers
Sullivan
Eruck Silk Mills
1.26
preferred
Co
Aug
1.26
Standard Radio
Steel
Feb
10c
•
Sturgeon
Standard
64c
19%
Stadacona Mines
:
90c
Oct
Jan
v
Nov
Jan
Jan
.
26%
•
19.%
14%
94%
.
—-
Nov
Nov
16%
3
.yy>
90
—> ';>'!£■ 55
55 r..;
3,735
30
•
• 29%
30%
•
;
19%
19
19% X 1,197
2,428
100 v 179Va
176
180
15
:-*. >
18%
■: 18V2
18%
Light & Power
Bank Notex
Trac
20%
425
\
American
Jan
19%
Nov
103%
Sep
Jan
f
^
"
Telephone
Bralorne
Mines
:
July
99%
9%
18%
128
128
106
.
•
3c
19%
y 22c
Range Since January 1
Low
High
Shares
50
Corp
40c
—*
—
•
for Week
16%
-17%
18%
100
Nov
Co.
58c
—I
Co
Feb
Oct
Sep
Fonds
16%
1—>
*
4,500
8c
13;
46
Sep
44% Aug
NOV
7VaC Jan
149,796
20
;"„•
•
common
8,800
7%c
Nov
<
30c
3 %
;
»
Feb
44
90
yyy;yy;ioy
20%
>102% 103
20%
_*
Ltd
Aluminium
15,285
45c
7%c
>' 3.10
> Nov
2,644
14c
100 A 103
x
common
82c
79c
1
—*
Jan
16
25
18
25c
20c
common—*
Nov
May
-
Nov
Montreal Stock Exchange
Nov
9
165
Nov
1.69
44
16%
175
2,723
Oct
17%
45
Minlngx^>—1—xxii.1
45c 48 %c
81c
1
Mines
Petroleum—.
End
Southam
i
101 101%
Nov
55
Jan
18
-
24
Preferred
Oct
127%
Feb
1.30
3,225
T"
Oct
51% Nov
11% July
24c
25c
-
,
36
14
600
Mar
25c
Aluminum
9
•
101
1'
Nov
1,176
14
14
100
Nov
23
Feb
124% 124 %
Nov
1.60
23%
■
Jan
&
Acadia
22
16
14
*
19
22
Oct
18
Apr
Feb
15
Jun
40%
1.27 Oct
15%
835
yl*'■ •• Last, •
: Range
STOCKS— y
'
Sale Pricer
of Prices
>.y:' '
A-.y
Par r
-r
Low
Hiah-
Feb
84C
20
10
;
Feb
25
Sales
Nov
Jan
71c
45
40c
Feb
29
1.90
common.-
>r^.
16%
818
<r
Nov
22
51
Investment
Temiskaming
31c
123,905
22
13
20
Jan
48%
Nov
40
Jan
15
.
Nov
July
46
; 2.95
Grain
Jan
12% May
1.49
-•
if ■'
15
22
16%
Oreille
Nov
105%
Jan
1.35
•
common
new
Simpsons Ltd A
Jan
20%
100
new
200
•yi.35
46%
'
Dairies
Preferred
'
1.46
34%
—i
Script
Silverwoods
16%
1.35
1.75 Nov
Jan
'if 2% Nov
50;
270
;
18% May
13%
-*
Sigma
28c
1.22
41c Aug
Nov
4.05
Senator Rouyn, Ltd
Pherrltt-Gordon
11
1,460
Nov
58
Mar
8 * ;
22% Mar
Feb
2%
495
common
1,650
85c
Jun
Sep
105
3,404
50
Corp common
preferred
River
Scythes
105%
—100
Antonio Gold Mines Ltd
20
40c
——
'
Class
1,100
9,022
Nov
28%
3,000
105 105%
18
Nov
1.25
18%
r
50% Mar
1.75
13%
Oct
24c
710
Ryanor
"
418
57%
1.50
Shop—
Supertest Petroleum ordinary—
Common ■ _^X—.-X«.x~XStop
..
66c
Nov
Nov
12
Paper—
Nov
6%
yK;
Ontario
I
17
•
3.10
•
July
28c
Nov
11%C Jan
Jan
Nov
Jan
16%
pfd-xx
&
May
35
67,300
11
>
13%
124%
Reliance
Jan
,
9,000
3OV2C 34%c
Oct
Nov
79
Jan
2
100
39%
—
Preferred
Southmount
30
50
13%c l4%c
31c
45%
"
Jun
10c
Sep
6%
1.65 Aug
Paper
Nov
Jan
14 %C
Donnacona
Foothills Oil & Gas
Hayes Steel
70c
4%c
2.25 July
3,500
12
Osisko Lake
->
50
1.30
*
.
39
Paper common
62
185
6,375
■
Shoe
Jan
1.27
17
22%
40c
49%
Nov
63
Apr
5%
-
Feb
65"
May
2.95
;
Nov
1.28
Nov
Nov
18
34
>.
1.75
x.
15c
6% May
30%
64
130
39
Aircraft
deHavilland
Dominion Bridge
36c
12%
240
High
Jan
50% July
8% Jan
39c
7,500
3.45 May
15% Nov
1,533
19%
3,100
r
18
22 %
2,155
4%
-X-—
22c
.
35% May
2,75
57%
A
class
55c
.
355
>
137/a
-—
20c
_1
preferred
Oct
Low
60
15%
y
2.75
Canadian
Coast-
Consolidated Paper
Consolidated Press
-10
Power
xmov
18
Range Sinee January 1
Hxah
30%
14
5%
Lumber
Sep
10
Sharee
29
•
17
—
Western
55c
Royalite Oil
Lawrence
37c
for Week
of Prices
.
Low
Canadian
Nov
Russell Industries common..———-
St
Nov
May
;
r
55c
„1
Saginaw
Nov
5.60
65c
Oct
32% Oct
990
Apr
14 %c
Mining
48c
Sales
Range
77
Jan
1
—-
Jun
" July
-
Week's
76%
70c
37,610
Fonda
18
—
2.45
—1
Co
Apr
v
Exchange-Curb Section
100
Preferred
11%
III
Oils
$4,000
3,688
866
Riverside Silk Mills class A—
Roche Long Lac
Roxana
34
"
:;yy'6
7,200
*
Rouyn Merger Gold Mines
14
Jan
9-/4
60
:—
15
Rochette
Royal Bank
41C
.95
r
Jan
3%c
&0. 300
6
common—:
2.85
40
Mines
211,325
16
1
Co
16%
—
Gold
Oct
Nov
1-eb
37c
58
15
:
——-
3.30
35c
500
.
165
;• 16
2.75
10
,——
Oct
29
105%
Nov
27c
-
*
Regcourt Gold Mines—
34c
V U.605
-
165
Nov
•
——.—1
Queenston Gold Mines
Quemont Mining
:
15%
—
15
Preferred
Reno Gold
A—X——
2.85
—
Manitou
121
Apr
16
30
*
Gold-
Nov
Jan
35c
.—
27%
-
2.50
1
Quebec
40c
•
Sale Price
-1
Proprietary Mines
Airways
Purdy Mica Mines
Purity Flour Mills common
160
Jan
6
68%
-
40c
—-x—
18% Mar
11%
1
Corporation
Prospectors
5.40
40c
80
699
54%
4.45
Mar
27
65c
i
Voting trust certificates
Mlfies
5.20
54,800
Columbia Pulp & Paper corn—*
100
7.50
Oct
49c
1
Co
Dome
' 30,200
33'A
Ltd
class
Brown
Nov ;
53C
v
Jan
1.15
River
Quebec
Oct
27%
1
Powell
East
40c
*
Preferred
Apr
22
..
2.40 Jan
4.35
1.35
Porcupine Reef Gold Mines
Pre scon
Feb
38c
2,675
Porcupine Peninsular
1.06
6,750
Pioneer Gold Mines of B C
Premier Gold
■yi: 34c
Par
July
Mines
Paymaster Cons Mines Ltd
Power
Sep
>0
Jan
"
Asbestos Corp
!S
Mines
15
5.30
Oct
Nov
Gold
Feb
Jan
Feb
v;
99
1
8TOCK8—>
Jan
Mines
90
Last
8c
Gold
13%
Friday
21c
Porcupine
25c
-13
Canadian
18,200
Pickle-Crow
22c
35C
Oct
37,009
Picadilly
'.'>18
.
f
'
July
42c
Engravers
1.63
154
'
Apr
50c
37c
Photo
«
90
Toronto Stock
Feb
30c
1,500
v
30c 32 %c
Gold
;-
>
10% May
150
23c
..12——
30c
Perron
833
.
105
1.77 Mar
Jan
.
k 145;
140
13%
JL
j—
—
6%
40c
Gold
128
!
22% July
Nov
Bonds—
-1
Pen-Ray
27%
104
50c
f
Nov
46,000
31
2.15
V
41c
92c
—
—-
26%
'♦
104
—
common
Jun
16
37c
——
155
Oct
Jan
,
Nov
56c
"l
Gold
160
Girl
Ymir
York
II
Malartic
160
27
common
Mines™
Paramaque Mines
Malartic
149
Wright Hargreaves Mines
Yellorex
Pandora Cadillac
Partanen
150
Mines—
2.25
Parbec
yyy 150
•
Nov
Sep
13%
14%
15
Mines Ltd—
Porcupine
••^7;:--
.100
—!
"%
Pamour
83,600
20
Apr
Oct
40c
75c
—4——X—,
; 20,300
68c
1.20
350
1.44
>•'
Jun
5.10
Nov
110
22%
50c
common
Electric
Preferred
Mar
22c
^_1
—
Winnipeg
Apr
350
V 12,995
Refining
(new)
Jan
5%
6
3.50
Mines—
Hersey
Apr
22
1.38
.loo
26c
102%
Mar
20 %
22
50c
19%
preferred
Wiltsey-Coghlan Mines
Apr
5
6
3.35
—
Nov
—
Jan
3.40 Aug
69
—*
common
4%%
Nov
2.2b Mar
1,065
'
6
3.45
common
Petroleum
7%
•7%
7»/2
1.05
Ltd
Or 2,355
1.40
„
Products
Westons
10,702
101
17c
1
Grocers
Westeel
4.40
50
1
Gold Mines
Lake
Malartic
Preferred r——i—
1.63 Mar
2.10
r
Pacific Oil &
Page
20c
2.10
Oils
Pacific
35c
_—.———XXX
Gold
Pacalta
Nov
1.06
Debenture.
&
Crush'
Preferred
Orenada
Feb
25c
com
O'Leary Malartic Mines
Omega Gold Mines—:—
Omintrans Exploration
Orange
64c
96,800
1
Mines
Oils————
Ontario
4,000
304,580
31c
5
Gold
Okalta
1.05
———
Mines,—-X&—.
Preferred
O'Brien
Apr
76c
27c
13c
Ltd
18 %c
Empire
6%c
Nov
1.04
„1
———.
Mines
Canada
1.65 May
1.04
Mines,.;—
Northern
Nov
-,1
Corp
Northern
61%
28c
—
Mining
Nov
Feb
50
3.40
-1
Malartic Mines
Oil—™——
Norgold
Jan
2.35
;
Wasa
3.90
..
101
•
Preferred
30c
252,750
—
Nordon
North
Apr
8,889
37c
3.35
Noranda Mines z
Northland
75c
40c :'46c
25c
94
4.40
•
com.
Range Since January 1
Low
High
-
Hiah-
25c
25c
-
wants-Amulet
Mines, Ltd
Walker-Gooderham & JWorts
31c
—
Nipissing Mines
Norseman
Feb
42c
r
-
Mine.s
Normetal
1.85
Nov
33c
81,400
65c
24% .Nov
Jan
Shares
Low
1
Oils
for Week
of Prices
j
Por
Vulcan
34c
j
Yellowknife
Norbenite
1.26
Nov
35
Feb
17% Mar
26,400
x———
Mines
Range
Sale Prloe
High
Low
22%
4,085
1.70
Bidlamaque
Nicholson
\
Sales
Week's
Friday
Last
•V*'140
23%
—,
Calumet
New
Nib
31
31
National Steel Car
Mines
...
STOCKS—
Range Since January 1
HiOh
Low
Pa'
Negus
'V
fer Week
of Prices
NOVEMBER 30
RANGE FOR WEEK ENDING
Sales
Last
Monday, December 3, 1945
listed markets
canadian
,
CHRONICLE
191^
1
72
161%
Jan
25
6%
Jan
Nov
165
Feb
14%
8% May
12%
Jun
98
Jan
500
Nov
111
109% Mar
■
20
Sep
Nov
Oct
9 % May
CANADIAN
RANGE
Friday
Week's
English Electric class A———
Class B
■■
A.. ;
Gatineau
ft
ft;
■
ft 5
%
Power
•
104
100'
5
ft
12%
12%
Mining———
Acceptance Corp com
Bronze
Preferred
of
com
International^Paper common
International Power
Co
Corp.———
445
30 ft
Aug
38
2,867
13ft
Jan
16%
Jun
1,317
12ft
Jan
14
Nov
34
160
24%
Jan
18
500
15 ft
Oct :
31
-40
29%
Jan
41ft
47
48
45%
3,880
3,915
Mitchell
Breweries
2,100
•A'"
108ft
Jan
23 ft
530
20
605
455
19
19 ft
19
ft -19%
■
15 3A
14%
•14ft
3,859
14 ft
2,945
9'A
25 ft
26 ft
27 ft
27ft
28
1,055
22
22 %
2,913
20% Mar
46
46 ft
25
30
30
30
160
29
28
29
165
National Breweries common—Steel
National
Car
5
105
815
37
May
3,102
Niagara
Wire Weaving^-i-*—
Noranda Mines Ltd—————*
24 ft'
24 ft
59'A
61
2.9 ft
30
Ottawa Electric
48
48
134
13 ft
14 ft
30
30 ft
155
Light Heat & Power com—.100
Page-Hersey Tubes,;Ltd
Penmans
Placer
m
7%
,
*
Development
65
65
65
1
common
21ft
21'A
21ft
27ft
27'A
27ft
12
lift
12
45 ft
44ft
.
45ft
■
Oct
Poweil
River
Co———.*■
Price
Sft
ft
preferred
Provincial'
Quebec
——*
common
44% Nov
Jan.
i4ft
•
—
17
Knitting common
Holland
Paper
preferred
Power
Saguenay.
Lawrence Corporation
A preferred
Lawrence
St
£$
•
common-—•
50
10
ft/
Lawrence
15%
*9 ft
v >
A
"
40
*
A
:
II,340 A
16ft
AAA 9
ft,:'--'
soft;
ft: ft430
12%
Shetwin
Simon
of
Williams
Breweries
Sicks*
<H)
8c
—•
Sons
Canada
^8
30
Nov
Jan
9
Nov
24
Jan
58
Oct
8% Mar
July
13% Oct
9
,
33
33
Jan
33 %
Nov
13'A
13 V*
13'A
t)0
12
Jan
16%
Feb
22
21%
22
323
18
Jan
22 V*
Nov
•
1,00
16%
■V
29 Vi
106ya
29
4
8
303/4 Nov
Feb
110
9%
Oct
9V8 Mar
15%
Nov
'ftft: 2,213
11% Julv
ft 17%
Oct
12
14
Nova
.ft*
100
pfd—100
——50
Ltd
6%
P
&:
Quebec
Reliance
Tel
and
Co
Ltd
120
ft
108
108
A"
107
Vft'„.•■••;■■-
A..
44
45%
12 V2
ft 39
7V2
100
12%
13
39
41
ft
*
10
:
'
Mar
14
% July
99
109
Feb-
6»/2 May.
10
7y4
Canada
Southern
Hep
Stowell
Screw
Class
—
class
Corporations
Class
B—
United
•! "ft
.
ft;
30
Nov
50
Jun
•a.73/4
Jan
20
Standard .Chemicals common--—
431
20
.
>llftv,
N
ft- Apr
110'A
" 15
A
805
12'A.
lift.
•
•
-;\aio
13%; 13%
13ft
*
•22
•
8
A; 2,855
5% ' preferred-"—
Co of Canada
'
Steel
-
Preferred
•
"79
.—25
80
250:
79ft
"
80,
rr-
.
so
•
Brothers
Tooke
Twin;' City
Transit
Rapid
Steel
United
NOV
Woods
36ft
112% Oct
ftft/A.:.
30
A'
.—.100
.
.'
A. 28 %
50
•
•
33A
36O
4
111%
Wabasso
Cotton,
20
30
Oct
Weston
•
wusiis
Ltd
i
,
-v::
.
6%
preferred
1,005
92
100
75
36 ft
27 ft
245
,23,
26ft
27
140
120
29
29
;
.
22 ft
,
Scotia
Nova-
Royal
1,156
—.—19
l—-—.——
Jan
Jun
Nov
Nov
30c
32c
5,500
10c
Jan
45c
May
1.28
3,900
.1.10
65c
65c
5
Mining—
Mines
—-ft.—.ft————ft—-~**^ ;■
Mines—.——....—1
Gold
—-—
.^
.
'
.
Shore
ft
Range Since Jannary 1
High
Low
\
',
.
.
•
Ltd——1.00
—1
•
5%
4%
5%
cumulative preferred—
100
'cumulative preferred-———100
6ft
76
73
76'A
168
168
Power & Paper
.7 ft
common
168
;
Mining Co——1
Ltd—_—
—— 1-
1
Ltd—
!
•
ft
35
.
44
144 >;
257
A3
•
77
Mar
Bright &
Distillers
(T G)———
Co Ltd
American Oil Co Ltd
British
Packers
Columbia
British
Ltd
.*
:—*
•
14
25 Va
1
.100
&
———
Dominion
North
Pow Corp Ltd
7ft
.
Norseman
Nov
Normetal
'Aft6% Oct
Mines
Products
Foods
Canadian
General Investments Ltd—-*
Canadian
Industries Ltd
preferred
class
B
—
•
cumulative preferred—ft;
Canadian Marconi Company
100
,_1
Canadian Power & Paper Inv com—*
,Av 5 ft- preferred ft-ui—*■
Vickers Ltd common——*
preferred ———^—100
Canadian
•7%
Canadian Western
Canadian
Lumber
Westinghouse
"5ft
cumulative
F0=^1OtGS
ft—.—1
Co——— *
Cassidy's Limited common
Catelli Food Products
Ltd
t
166%
116%
167
175
175
1
com—
—*••
preferred—.—15
See Pa^6
V
98
•A. ft 4
:
i
I
-
Pandora
37
Paramaque
Aug
63
Sep
Pato
NOV
26%
57
100
Jan
107%
Perron
Jun
79%
Apr
Piccadilly
Pitt
Sept
Gold
■;
A.
f
•
1.50
886
11%
345
13
4,425
94%
101
925
2.75
3.00
27,475
57%
58
6,218
Aft 11
11
150
16
16
102
1U0
40c
6%
4%
46
Mines
Quebec Gold
Oct
50
Quebec
43c
5
Nov
Siscoe
100
Jun
Stadacona
Nov
Standard
6%
1.90
/
Gold
Mines
Nov
9teep Rock
Nov
Sullivan Cons Mines
Apr
Apr
101
-Sep
3.15
Jun
74%
Nov
25c
July"/
43c
Aug
30c
Nov
43c
Aug
31c 'ft
2,000
29c
31c
Nov
100
64
58
38C
:
6.85
A; 7
3.00
3.00
1.50
ft Aft
1.50
ft
44c
64c
7,100
2.25
22c
.ft:
46c
Oct
62c
Apr
4,000
10,400
Jan
s
July
51c
Sep
25c
Apr
15c
Jun
Jan
2,500
34c
80C
1,400
66c
80c
ft; 80c
82c
12,350
■Ai 65c
Jan
88c
94c
15.171
60c
Mar
45C
47c
3,700
41c
2.32
2.32
:
300
Oct
Nov
1.45
—
49c
.Nov
72c
ft
Nov
1.79 May
21c
3,400
12c
33c
Oct
3.00
44c
-
12C
7.10
'ft 6c;; Jan
200
46c A"' •V
Jan
A
30c
50,000
42c
Feb"
47V4C
.
"
31c
Nov
Feb
1.60 May
1,000
;
33c
28c
Sep
.1.20
400
,1.30
Nov
3.80 Apr
Jan
10c
4.75
400
30c
1.05
Feb
Nov
24c
;
1,000
.
Nov
1.43
*
2.19
1.50
Aug -
Nov
Nov
40c
1.30
65c
1.55
Nov
Nov
Oct
Nov
80c
Mar
90c
May
1.05 Apr
1.00 May
2.90
3.25 Mar
Jan
3.80
Feb
75c
Apr
3.05
49,500
24c
1,000
5.35
.1
Ltd
5.35
l.UUJ
3 70
8%c
4 00
9c
3,400
3.10
Jan
4.55
13,500
4Vic
Jan
18c
318
18%
Oct
22% Mar
2.90
24C
Mines
~v
—
Wright Hargreaves Mines Lta
10c
3.95
Jan
Oct
5.55 Nov
Nov
Nov
Oil
Stocks
Oil
^
——*
Sep
Home
Nov
Homestead Oil & Gas Ltd
14%
15%
Sep
Royalite
Co
Ltd
12
Jan
Nov
80c
88c
—1
:_j.
Coghlan
—»
-<T
Ltd
16 y8
Jan
—1
—_r—1
Mines
Nov
Wiltsey
ft.
1944 Ltd
Mines
Gold
*
Nov
3.15
1,300
44c
31c'
Rouyn
13%
Mar
2.05 Mar
5,800
74%
1.30
r--l
—
Sherritt-Gordon Mines Ltd
Oct
175
—--
Yellowknife
Senator
Mar
168
7
33c
liy8 May
6%
1.95
Jan
35c
--
1
——1
Mining Corp—:
Nov
July
35c AAft
32c
Ltd—.——ft—1
13
1.80 Aug
25
Jan
NOV
Apr
Nov
32c
»
--
Metals Co—~—1
Mines
Jan
Jan
2.10
29C
1
—1
Dredging Ltd
Red Crest Gold Mines Ltd
12
Jan
1.55 July
500
Rochette Gold Mines
1.40
46c
92c
27,800
Oct
10%
v
42,580'
32c
Nov
Feb
3.150)
43c
Nov
..'..Jan
2.80
18
4,200
28c
13%
ft .Feb*
900
9,700
1.35
40c
31%
2
ft
1.48
1.35
—-—
A 15 %
2
23
1.35
Gold Mines Ltd.—1
Jan
95
Jan
10,200
Nov
4
1.16
500
86,800
May
15
17
280
28c
13
6,255
1.50 May
Jan
Jan
1.05
—
Nov
13%c May
7c
3.50
13
.167% May
1.98
23
Nov
96c
Nov
3%& Jan
11%
24C
Porcupine
Gold
July
67c
Apr
73/4C
98c
Mines
Gold
Cons
Sep
9.50 Nov
46c
Sep
100
3.40
Pend. Oreille Mines &
6'A Nov
49
155'A Aug
,
93c
2,515
A
1-0°
Exploration
Cadallic
Nov
Nov
1.75 May
1,950
17
14c
3-30
20
7,232
70c
'
1
25
38
98
5%
.
A
3%
ft 3%
Ommitrans
Jan
1,100
—-—*
25
13
15%
100
Canadian International Inv Trust com *
5ft
13
15 y8
Sep
Jun
•
17
74%
1
—
240
26
26
15%
25
5
107% 107%
—-
;
,
11
Mar
3.10
55c
Nov
20 %C
14,352
ft 35c
32c
Mining Corp Ltd
25%
••
96c
14C
1-35
3.10
-
O'Brien Gold Mines Ltd
Sep
; 45;-V"Jan'ftft'
22% Mar
801
■'Aft;;,:
Nov
Jan
•2.30
250
ft..
-A
53%
14
11
36y8 May
6,018
24%
ft-
1.70
Oct
Mar '
Nov
28c
Sep
7.00 May
Apr:;;
80c
Nov
2.40 Mar
NOV
173
Jan
Jan
5Va Nov
25
<15
•
•
75c
8.90 Mar
7ft
7'/4C
7c
67c
'ft
^ 23
*
23%
'
385
•
77
24
•
1,176
6
53%
Canadian
;
58"
*
Canadian Dredge & Dock Co Ltd——*
7ft
V
—„*
pfd„100
Sugar
Canada Malting Co Ltd
405
;
35
76%
Preferred
Canada
11
5%
common——.—
'25
.
25%;..
35
58
Company
Brown
14
11
25%
Columbia Pulp & Paper com—*
British
Can
i*
Ltd
Van
of
ft
10,900
1.98
-
&
Brewers
62c
93c
—
5
New Calumet
Nib Yellowknife
5% Nov
2% Mar
1,089
5%;
5%
Bathurst Power 8c Paper cl B—
10,610
•'
1.10
20c
A100
8,000
<
135
Mines
9.50
39c
,
A 1.28
Sep
45c
13,250
v
56c
Gold
Mines
95c
52c
16,100
33c
67c
•
Abitibl
90C
93c
,
1
Ltd
Mines
Mclntyre-Porcupine Mines Ltd
.
>
58c
———-
Goldfields
Macdonald
Shares
Hiah
106,500
Gold Mines Ltd..—1
Lingman Lake
Louvicourt
23,300
51c
Nov
-
Kirkland Gold Rand Ltd——
Lake
1.98
9.50
•
-..—--ft ft
Lake
1.45 ft;
1.70
36c
Ltd.—
.
Consolidated
Kirkland
1.33
ft, 45c
Jan
1.15 Mar
2,600
95c
———-—.—*
*1
Yellowknife
Mines
1.38
4.50
,136 •
1.70
45c
Gold Mines
.
;
—1
...
—
-
Heva Cadillac Mines.——
18 ft July
1.38
4.25
4.25
—-
—
58c
100
-
700
-*
Mines
Sullivan
ft'.Y.s
for Week
Low
Jun
Jan
May
1.10
Boldora
Aug'
30
6c
Apr
60c
27c
1.25
Giant
Nov
20 ft
/
51c
May
Elder;
Sales
of Prices
Sale Price
.ft;—'
;
Nov
May
Donalda
Canadian Funds
STOCKS-*-
Jan
30c
18c
East
Montreal Curb Market
Range
8c
8,000
Aft 34,900
54c
Kerr Addison Gold Mines
'
14,625
34c
15c 17%C
62c
Joliet-Quebec
Last
32c
32c
Sep
Nov
Jan
Ltd
Indian Lake
Week's
30y2c
30%c
1
48c
Jun
J-M
Friday
Nov
6c
Cournor
Sep
22 ft
May
15ft Jan
30c
4o
Formaque
——————10
48,600
Nov
1.80 Apr
33c
16 % July
Apr
37c
87c
;
1,000
17ft
27
30c
30c
3,300
56,550
4,800
Jan
16 ft
Jan
:
May
9c
Jan
18% Mar
Feb
75c
90c
Feb
37 %c
23c
54c
15
15
17c
700
Aft 500
85c
66c
July
443/ic Oct
38c
14
805
10,800
Jan
34c
160
1,855;
Nov
3c
66c
1.21
1
Ltd.
Mines
190
Oct
39o
7%c
75c
1.21
1
—
9c
90,700
6,500
52 %C
2,554
—10
Oct
Nov
54c
——10
—————10
40
Jan
9c
Nov
29
29%
35c
Fontana
Imperial —
A Oct
11%
May
1
..—.——.10
Montreal
Feb
21
16% May
Gold
Mines
1
Century Mining Corp Ltd
1
Colo Mac Yellowknife Mines—...—-5
Eldona
Commerce
8
ft
Jan
8
Nov
Nov
10
Feb:
1.24
85c
i—1
Cadillac Gold Mines
-
Canadienne
7c
Centremaque
NOV
-
A 27ft
28 ft Mar
41c
7c
;—1
Mines
Gold
Gold
Central
"
Banks
■,
120
37c
Bouscadillao Gold Mines,Ltd—'
Oct
36 ft
Feb
9%C
Mines
Mines
Gold
Bonville
Jun
94
12c
4lc
*
Lake
Red
Beaufor
Oct
14 ft
>
•
Ltd
Gold
Beatrice
Aug
28 ft
Jan.;
ft^ftftftl-'A
Nov
22 ft
Jaa
37
37
Nova
101
6ft Jan
ft
90
25>
—'.——25.
—
.<
34 ft
:
common————*
5%. preferred
Mar
J Apr
,18.
Jan
A 19% Jan
735
22
13
70
;. 21
95
37
*
Ltd
Mines
Aumaque
Nov
-
75
;
ftv> ft/34: v-:
——
Corp Ltd..
Copper
Quebec
Aubelle
17 ft- Nov
.50
.
Astoria
.'•'15 'A Mar
Mar
.
,
-A7aA.; Nov A
Jan
113
A
.
27
.
32
Jan
58
:
Oct-
Manufacturing Co
Mines
Arno
Jun
Apr
12'A
10
Alger Gold Mines..-.......—..———
NOV.
80 ft
3%
.
;
A AAjAv- 3
25
22
.
.
13
;—♦
Preferred-;
Ltd
.
21ft
k.
Winnipeg Electric common
Zellers
27
•
common
7A:;vAA 3,257
101
"22..
——
(Geo)
A
99 ft
79 ft
-
20
A10
Ltd—
Hotel
Aldcrmac
12ft^ NOV
••
20
*
Mar
33
Jan
Nov
Mining Slocks
Nov
14 ft
11'A
as
208
72
96
Walker Gdoderham & Worts com——•
ft. Preferred
14%
72
*-•*—
14ft
6%.
14ft
•
—
Nov
Jun
July
25
—*
Ltd
Corp
Oct
15%
27
Jan
17
285
>
Oct
27
•ft
17 Y4 May
.97
ft
9
5%.
Nov
Apr
30c
Oct
15
6
-
23
23
8y2
••ft 5'-
—
.
-Jan
,
26
10
26
8%
*
Ltd
^ft
22c
Nov
Jan' A
"Apr.
16 'A'- Jan >;A
25
•
14ft
common—*
Corp-
Biscuit: common—;.
Viau
32 A:.: .32a.
*
1———
74
r
Products
Windsor
28 ft
v;: v. 99
Sep
Z,i:69''j:y"JKn'^'
75
-A;
99 ft p 99 ft
—il09
—
common
———
-
Westeel
NOV
"
;
Oct
22 ft
?
Nov
...
10 ft
^
Apr
Nov
103
May
107
v
Aft
'
15
' A
*
...
Canada
Securities Ltd
26 y*
26
.ft 30
,
2
a;"' 7,968
>>50
24c
26
15
——*
A
ft-vftfty
112
24c
24c
ft
Corp Ltd A—
"United Distillers of
ft
112
100
A——
*
Amusement
United
Nov
pfd.
Co Ltd
class
B_—
United
Oct
6%
Pr
Invest
Southmount
Oct
Nov;;:
79
>
Feb
Feb
ft 13
May
96
35'/ft
Nov
%
46
Jan
363/4 May
285
Jan
.
107
-.ft/ Jan
35
301
A'ft Aft ft
103
•
14
Jan
108
64 ft'
7% ft 7%
100
Jan
191
iftfti
Nov
Feb
6%
3%
50
>
69 %
57'/2
852
"
•
:
106y2
*
A
preferred
ft-ft "
16 y2
16
preferred
Power Corp
Grain
'A
16 Vz
Purity Flour Mills common..——
Quebec Pulp «fe Paper 1% red pfd
100
lift Nov
40,
L
Corp of Can 6% cum 1st
6% N C part r2nd pfd.
A Nov
v'38
-
Scotia
Pr
Feb
107 ft
Ltd
Noorduyn Aviation
15%- NOV
AA
22:.;''Mar;:
105-
•
111%
110
—-—*
——
37 ft
Sep
108
2% Mar
410
69%
14
105
Nov
Jun
17%
Jan
Mar
995
8'A
l5i/a
69
V*
22
110
106% 106%
15
16
>
1,045 "r
1.50
Nov
65c
1,398
30
11
common
22%
185
'
85c
16%
1.00
10
100
100
12
Nov
23
58%'Jan'.'
228
28 ft
37
37 ft
preferred———100
Power
22ft
20ft
*
;
Southamh'Press- CO——
Southern
com
Canada
common
705
/•
75'A ,76
21ft
—•
Nov
15
Jan
5
'
A 76 iV~i
—_100
preferred-
Paper
Shawinigan Water & Power-
Jun
6%
f-
69 Vz
Ltd
Distilleries
23
16% Nov
6% May
340
..
Oct
Sep
Apr
Jan
4% Mar
1,215
12%
Oct
21
725
8%;;. •ft
'AA-A8A
ft 8 %
12%
1,310
1,339
57
55%
preferred————.——
Nov
17 -!v'
Jan
Jan
-ft
*
49
Nov
46ft:
103
Jan
33 ft
310
ft
•
Nov;
A 17 ft
Feb
18%
3,788
•A
37 %-^ -:
-
A' 30
Royal Hotel Co Ltd.—-——*
Nov
2 ft May
9,944
36 ft
37 V*
15
29
Corporation
Oct
13
A
Mar
-
11
30
*
::
5%
Jun
Jan
4 ■■•';
14%
Jun
Jun
12
*
30%
;.'■■>• .2
28
15
*
Nov
July
Mar
34%
20
Ltd A
(Can)
P
&
'
■
:
Jan
Apr
6%
90
ft .-"7
Jan
30c
13
20
t
'•".ft
ft
Jan
Nov
71
6
Moore
Nov
■•27%
Jan
Feb
105
5,605
.
16%
Mount
Jun
21ft
*
10ft Jan
lift, Jan
.
22 %
5%
NOV
25
80
828
,
5%
3% Mar
-
Nov
73
Jan a
15'A
P
47%
Nov
'
52
r9ft;Apr-;
:•
46%
NOV
NOV
Mar
33/4
630
A
13%
18 %
71
>ft 1,041
8'A
31ft Nov
100
75'"
680
10 V*
33 ft
37 ft-
———•
•
23
105 A-105»A
105 ft
100
—
i-i-e———
Flour Mills
St
23
*
common——
•'
568
15%
23
*
50
■
i4ft
•
16%. 17
•
.
ft, :
ft
■,110
Jan
Feb
2
'ft ,ftA.A28
'ft—,
Aug
7
214
■
,
ft
16
•
15 ft
32
175
50c
16%
'ft
Jun
8;;
v;
18'A Mar
930
Nov
7V2
:
29 »A
Preferred-•w-ftft'-ft-ftftftftftft--—-----10
Minnesota & Ontario Paper Co
5
Jan
•
I,075
A;.
Paints
preferred—
John
Melchers
Nov
24%
57'/2 Mar
2,030
'
v
102% 103
.^,100
,
Transport
Power
Regent
St
Co Ltd
Bros &
-_*
18
Jan
5
93/4
-
972
28
Aft 47%
Rights •/'ftftv-ftft—ft-ft-ft-ftftftftftw-
NOV
•
Power Corp of Canada
Nov
'
Jan
■
Nov
43
50c
22%
Maritinii4 Teleg & Tel common
Massey-Harris Co Ltd 5 % pfd
McColl-Frontenac Oil 6% pfd—;
Nov
30
14
St
A
Nov
27 ft
1,000
430
22 %
Feb
1,071
'^?v
5'A
10
Company
IV'T'ft<
MacLaren Power & Paper Co
8'/2
/A
Feb
35%
15»A
A
-ft
15V*
_*
100
Corp
Insurance
cum
5 Va
28%
•
com
Lambert; (Alfred•
Lowney Co Ltd—
Jun
61
5%
Realty
ft
Maple Leaf Milling Co Ltd common—•
Jan
28 ft
5 %
Apr
*20
250
Rwys—.-i.*;—ii.*„
Ottawa
Sec Corp Ltd
preferred
Lake
24 ft Mar
;
class A
Power
cum
Oct'
Apr
450
*
Investment Foundation Ltd
50
1,115
7
Ltd
Jan
15
100
90
Oct
20
2,239
Ogilvie Flour: Mills common———.*
Ottawa Car Aircraft-^—
88%
Hydro-Electric Securities Corp
106 ft
17 ft Mar-
35
>
5%
90
5'A
:
International
33 ft
May
44 ft
5
preferred—100
red
2.00 May
ft'3%
Jan
'50
4%
class A
Nov
251
A,1
17
41/8
Oct
29
17
4%
ft
5
Halifax
Apr
42
Sep
Sep
15
Jan
2y8
Oct
8
15%
i,
Jan
60c
55
A
22%
—5
—*
281/2 Nov
Jan
44
•
i
22
22%
.41%
22 %■
Jan
NOV
75
Mar
8 Va
295
13'A
Godfrey
46 ft
.
■-.it
3
'ft
16%
24 ft
A-
Jan
22
105 ft 105 ft
—*
Corp—
42
23ft- 24'A
——,——100
Pieferrcd
ft
280
3
16
Feb
29
23 ft May *
22 ft May
22 ft
Montreal Tramways —————100
Murphy Paint Co common——.
_•
.
25 ft
*
2,793 As
6 3/4
Apr
6'/c
13%
6,773
A
Jan
25
:••
1.50
1.50,
.ft 41%
*
'FraserA'Companies-ft.;—;_ftft.fti-ft.---*
A '15 ft NOV
Montreal Light Heat & Power Cons—_*
Montreal Telegraph —;
—40
.
Aircraft
6%
?'• 14 ft Nov
Jan'
191
ft 112
14
13%
'
Oct
NOV
65
Feb
3%
Nov
60c
Mar
42
-
15
50
15
12%
20
8 'A Mar
13%
7%
50
16%
Nov
*
500
*
Nov'
-
6
.ft
.
———20
20 Va
Feb
14 ft
Co
cumulative
Foreign
31ft Nov,
.
Jan
A
60-
16
13%
•
A
24% Mar
a
Ltd
12
Jan
31ft
.
Co
43 ft
Jan A
11
6
7%
ft:A 1,50
ft
23 ft
26%
800
,
112
14
ft
_—_—*
Ford Motor Co of Canada
Nov
114
Jan
'765 A-;A
11%
43
-
6y2%
■
Nov
>55,'
.
60
'
Malting
Federal Grain
Fleet
24 ft Mar
27 ft May
:;-;v95:A'
114
42
19 ft
(Rober.t),';--^^^^'A^-«.Lfc.^i-:^j,^
Molson's
55
19 ft
•
——•
Oct,
60
6%
Feb
4%
25c
Nov
8 '/a
Feb
4
■
; Nov
52
127 ft
Apr
20%
23 ft
23 ft
—
A;:
Jan
97ft
31
(John) _ft
i—
Woods Milling common
•
Langr: & Sons Ltd John, A—Laura Secord Candy.
—.
,——3
Labdtt
——_
21 Va
68
4,010
11ft
•
Sep
42% Nov
22%
126
113
113ft
Jan
Jan
49
.52
Lcke of the
McColl-Frontenac Oil
.'.A
18ft
950
15
»
Donnacona Paper Co Ltd
Fairchild Aircraft Ltd
Nov
50
55c
7%
ft.ft—2.50
Frere Limitee B
6%
-ft:A'.ft-.
——*
',
Dominion 'Square Corp_—
—* Vft.ft
Dominion Woohens
—_—*:. ft; 12%
ft Nov
33
22ft
126
22ft
42%
Massey-Harris
31ft
,...
A 35 ft
.
A—,
;
Dominion
13%
V.112
Sec
7%
ft
—;
5
—
Div
150
50c
.
common—*
Dominion Oilcloth & Linoleum Co Ltd
15 ft
29
;
^110'; J. Apr;
Ltd
Alcohols
High
6%
.
50c
ft.,————,.100
Feb
37 V2
40%
11%
com—
David 8c
:
Range Since January 1
High
Low
Shares
7%
*
*
Nov
15
41%
•
_*
Ltd
Jan
17 ft
15
Serv
21
-
80
31
>iu._100
Utilities
Public
9
Low
*
:
com
Consolidated Paper Corp Ltd
Cub Aircraft Corp Ltd
i
16% Nov
Mar
ft
'
Adv
Preferred
Oct
Oct
Jan
Feb
6%
11
33
*
Preferred
Jamaica
8%
755
Par
■
Ltd
Preferred
Nov
t
A
1,375
10
14ft
101ft May
5% May
;
•
for Week
Range
of Prices
Sale Price
Ltd
Co
General
Consolidated
Oct
13%
♦
common
Neon
Commercial
Nov
St
15
Ltd—.
Knitting
Chateau-Gai Wines
Nov
21'A
107
540
15 ft
100':
Petroleum
Apr
1,065
-
'Preferred
104ft
Feb
15 JA
27%
*
Canada
a"-
Claude
Nov
111ft
ftftl-ftfts_———25
International Nickel
97
,
285
16
27 ft
•
common
:
J
50
8ft
.
15%
111
2 7'A
.—*
;
335
13'ft
8%
15 ft
111ft
Imperial Oil Ltd
*—
Imperial Tobacco of Canada common_5
International
A '■
Jan
Celtic
28 ft Jan
9
Jan
32
Oct
10% Jan:
1,030
K
9ft
9%
3%
—
..
:-■:£<
Sep
20'/a
'ft AftA.;; A
High
Sep
5'A
215
20
15 ft
Hamilton Bridge
International
23
75
240
104
19ft
"9 ft
Eollinger Gold Mines———^———5
Howard Smith Paper common—
—*
Preferred
——————-100
International
:
106 % 106 ft
common_L———,*
Gypsum, Lime & Alabastine:
•
Bay
'
15 ft
103 ft
19ft
*
(Charles)
Industrial
15
15%
—100
Preferred >
Hudson
:'A'"
'a;,
26
30%
Low
Preferred
——*.
common—,,.
General Steel Wares common.
Gurd
30%,
:
'
Aft''Aft'1 ftft'ftftftftA'A#!;'•
preferred
.
26
8
*
STOCKS—v
Range Since January 1
man A/ft;/ft
30
:
*
of Canada—
Last
Shares
Sales
Week's
.;•••■••••••.••„ Friday
for Week
..y——A—
_
Foundation Co.
MARKETS
NOVEMBER 30
.•;/.':,v,
Range
of Prices
Par A':;;;/ ft\ft:ft Low
,
LISTED
WEEK ENDING
FOR
Sales
Last
Sale Price
STOCKS—
■■■■
2675
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4443
yolume 162
Oil
Company
Limited
1
*
3-70
9c
19V2
19
19/2
Nov
May
CHRONICLE
THE COMMERCIAL & FINANCIAL
2676
Monday, December 3r: 1945
OVER-THE-COUNTER MARKETS
Quotations
,
for
Friday,
November 80
f,
I"
in
'Firm Trading
;"1
For Quotations on Real Estate Bonds
Specialists
Shaskan & Co.
SECURITIES
OVER-THE-COUNTER
* 7
*
-.VV;
■
J-t,-
'yi^%
Exchange ^ ki:
Members New York Curb Exchange
Members New York Stock
Markets
-
:v;'ZZ.v:
in
ACTIVE
250
•40
ISSUES
Exchanged Place, New York 5, Ni--^
.
Tel:
120 Broadway. New York
Phone:
&
Tele. NY
Direct
Wires
to
CHICAGO
(When,
BoBds—
1
».
Bid'
Chic Indianapolis <fe Louisville—
Investing Companies
'\\V.vZ
'a*'.",
Aeronautical Securities
Foreign
Funds
B-4
Series
K-l__.
12.05
13.07
Series
K-2
7%:
•
12.44
1st 4S
21.91
24.01
Cony'Income
28.03
ABeneficial
Inv
bond
Boston
Broad
33.60
1994
:
/
^ 105
103
4%Sr.u»^...2019
95 '
5%
Denver &
6
5%
S-2
17.41
19.16
Income
1;...2018
78
Street Invest Co Inc
15.07
16.58
1st 3-4s income—^—^—1993
100
102
S-4
7.40
23.60
Fund
1
4.00
•
34.78
1
13.13 > 14.20
Natlon-Wlde
Z 3,120
•Balanced
—;
100 3,020
com
100
—
Second
10c
145
Consol
•
;
•
Investment Trust
'/•
"
'
1
66Va
1
I
7.27
23.59
2d
D
Invest
Bond
69 %
..L 'i-'!^
&
Stock
Financial
First
8.40
Low
1
26.45
23.28
,_1
16.56
28.13
30.29
2.44
priced stock common
series
Trust
Fund
—6
8.14
2
General Capital Corp
General Investors Trust—
7.43
,
York
Agricultural
Automobile
•
5.89
1
Bank
6.52
6.59
shares
9.11
Building shares...
;
bond
Diversified
shares
stock
11.52
9.69
9.31
10.23
Railroad
10.40
Railroad
10.61
11.13
Investing
10.76-'
—%
Price Shares
Merchandise
9.19
shares
Petroleum
Railroad Bond
RR
Equipment shares
Railroad
stock
Steel shares
7.97
3.75
shares
6.97
7.25
4.14
Petroleum
Putnam
5.41
K' 5.96
7.01
Fund.
6.38
;
Foundation Fund
7.71
Inc
Common
Invest Fund
33.15
35.65
2.81
3.15
21.19
4.05
1.16
.
4.77
•
2'A
14.42
15.73
I
7.60
8.32
Union
10c
87c
Bond
Ltd—
series
24.58
A
C
Group sliares
;
Insurance Group shares
9.44
56%
32%
-L-•
40%
IZio
r
1.16
U 8 El Lt
21
1.28
Wellington Fund
34.10
:!■
-10
,"63%
105 %
109 J/t
14%
15%
Revere
26>/4
6
&
2nd
8
8
Security
-10
Series
B-2
Series
Amerex
B-l
B-3
Holding
Recent
V
20.83
22.72
27.92
29.26
Blair
27.71
30.37
First Boston Corp
20.47
ZZZZZZ.
22.44
& Co
Huron
37
...
Holding
8%
54%
90c
Conn
ut
1.05
&
ftvr
'
3S
Jan.
1,
1956-1946
3s
May 1, 1&56-1946
1%S Oct 1, 1950-1948
2%s Feb. 1,
;;Z:'/'■
Federal
Bonds—
100.4
,
Agencies
0.90%
100.6
Loan
April
15,
Other
3a
ser
106%
1946
b0.90
—
issues
q!QG%
100%
U S Conversion 3?
1948
%%
1
1946—
U 8 Conversion
1947
As
Pow
102 %
107 Va
j.v_.
2%s
1974
1975
City Sontho-n
& Gulf Ry 3%s. 1980
Lt
Gas
S.V^s—
1965
Pow & Lt 3V8S„ 1975
49
tSept. 15, 1947.
JSept. 15, 1047.
tSept. 15. 1948
1961
133 %
3s,
Panama Canal 3s
Bid
%
100.1
100.18
100.19
100.10
;
37 Va
40
..•ft.
100'/a
3s—1975
102 V8
Elec 3s._——1974
connecting 27/aS—1975
107 Va
107%
99%
100%
Pacific Gas & Electric 3s—1977
105%
106
3Vbs—1975
103%
104%
3VeS—1975
106 7/a
107%
(Okla) 2%s__—1975
3VaS
A—-,r1975
Service 2%S——1975
Texas Power & Light 2%s_1975
Western Lt & Tei 3s
1975
100%
101 Va
99%
100 Va
Narragansett
Portland
Pub
101 Va
102%
Y
N
102%:
103
1975
102
Gen
Serv
Elec
(Indiana)
102%
105 v
162 Vx i
imi,4
ioi
Co
Texas Elec
.
104'/a
Preferred
102
*105%'!
107%
104%.
105 »A
Ruppert (Jacob)
Oil (Call
Union
103 Va v
VT.
102
101%
101 Va
102
101%
102%
Far
Stocks—'
Monbngahela Power 4,40%—100
106%
107 Va
101
27/8S---—1975
Power
Mountain States Power
108
101Va
;Z: Ask
Bid
A«k
110%'
4J/a———100
10b
$3.75———+♦
111%
106
,
106
107
>
0.80%.
"i
•
*
J:-
United States Treasury
134% V
are
Bills
for discount at purchase
.
!
100.15-
:
-
.
of
..
10.90s
Jan.
point
Bid
Indebtedness—
1946
.0136
.0187
.0150
.
0.35%
bO.375
0.35%
February 14. 1946__
b0.375
0.35'Vi
bO.375
0.35%
bO.375
0.35%
0.32%
b0.375
0.32%
January 31,
February 6,
b0.375
0.32%.
b0.375
0.32%
February
21,
1946_
b0.375
0.34%
February
28,
1946.
27, 1945
1946.
10, 1946
3,
.0240
—
,0226
.0175,
b0.375
1946..
b0.375
1945.—
.0216
.0153
January
\
1946-«-
1945.
—
1945——
24,
13,
January
0.34%
0.35%
January
20,
December
Ask
b0.375
b0.375
17,
0.28%
December
Ask i:
1946..
1946..
January
b0.375
December
Dollar Price 100 Pins
of
-f%s May 1,
IYbs June
101.5
-V
"
32ds
1,
t%s Feb.
-100.29
101.4
more
December 6,
RHI
Ask
Treasury bills-
1, 1946
t%s March 1, 1946
t7/8s April 1, 1946
„
100.11
100.28
1%%
or
Maturity—
100
100.14
one
Certificates
__
ly«%
Ask
,100
1%%
1%%
....
60%
>
87%
10
.—2.50
.'
57%
—4
Westchester Fire
107%
.0223
1946
1946
109% July 1, 1946
"*%s Aug 1, 1946—
1%S Sept. 1, 1946
1%S Oct.
1,
t%s Nov.
1, 1946—
1946
.0270
.0285
T
a
.0305
.0172
-
.0400
.0160
.0293
.0180
.0328
.0119
.0283
.0135
.0317
to
Odd
Stock
lot
sales,
Exchange,
d Deferred delivery. - e Ex-interest, f Flat
price.,
k Removed
Canadian market,
s Cash sale—not included in range for year., t Ex-stock
y Ex-rights,
z Formerly Athey Truss Wheel Co.; ,
b Yield price,
r
dividend.
(Un) Unlisted issue,
x Ex-dividcnd.
name changed effective Sept.
17, 1945. '
•No par
value,
tin default.
furnished by sponsor or Issuer.
.
" M
./ Art
102.27
lVz%
tMar 15 1947
43V? .>,
^
100.4
104%
Int. Rate
1946
v
•
589
Reading
Monongahela Power 3s
Quotations For U. S. Treasury Notes
15, 1945
40%
60%'
38%
126Va
Banks—
101.5
Figures after decimal point represent
Mmturfty-
/
47
U 8 Guarantee
101*,
Bid
tMar 15,
(Dec 15.
'r
.
Security Issues
Ratea quoted
tDec.
i''
36'A
122
10
.to:
Vv
55'A
10
V-
79
76
582
U S Fire—
1975 V 100%
2000
Lt
Minnesota
*ji01.3»
^
1955-1953_;_,.g;
gJQ4%
•>,'' V\
'' 4M VV'/fOd/l^V
;
Home
,
24%
—100
36%
104%
1990
Kans Okla
Bank
'
7%1-'\
30%
••>
Fidelity & Guaranty Co—2
34'A
117%
1974/"104
2%s__ 1975
3 VsS
Kansas
Federal Land
—
Travelers
8
U
6%
:29%
Standard Accident——
Northern Ry—-/
Laclede
Bid
42%
>22%
Public Serv
Page 2659
Ask
3V8S-. 1974
3 Vos
Houston
Bid
Lt
Dayton Power & Light 2%s 1975
Great
Of Governmental
&
Gas & El
Cincinnati
56%
FOR NEW YORK CITY BANKS & TRUST COS.—See
New Haven
Montana
Pow
Birmingham Electric 3s
Cent Vt Pub Serv 2%s
9Vs
—10
Corp..
14%
:39«/4
10
Springfield Fire 8t Marine —25
U
Bid
38%
———1
1
: 13%
=
11.17
Arkansas
Corp
98
.10
13%
32%
113
,
66 Va
61%
—2
Fire—
55%
42
:
35
-10
Fire
—
(Texas)
(Paul)
Paul Fire & Marine- -12%
—10
Seaboard Surety
95
American—
(NY)
Corp
Reinsurance
Republic
70
■
12
39
Hanover
Hartford
66% V
51%
com. -15
Fire
112'/a
10C%
8
.10
Providence-Washington
19%
„15
Rutgers
preferred
98
169
24%
66 %
—.8
9 s.^
,
'
>94
St
Fire
26 Va
8 '/a
10
■*-
17 Va
24%
93%
10
Co.
Preferred Accident—
56%
Great
Corporations
Series
Indemnity
162%
Globe
Investment Banking
Keystone CustcMan Funds-
Fire
Phoenix
Bonds—
17.62
16
w
25
Paclllc
43
37.07
17.23
Z_1
i
—_—:
49 Va
47
10
River...——
:
32
60%#
•
—10
18.0Y
Investors Fund O
64
29%
6
..2.50
8
-12.50
;
Fire
Northeastern
—H)
V 27.76
16.49
York
Northern
.
35%
Hampshire Fire—;
71%
7%
188
33%
—10
New
23%
•68%
■-
6%:
178
2
Casualty
New Brunswick
North
;l
10.33
10.22
1
7.15
3
20
'„
30%
62 yA
59 »A
1.14
25.40
8tock and Bond
Group sharesInvestment Co of America
10
--
63/8
5%
27%
——10
Amsterdam
21% '
—10
.
23.47
Union Preferred Stock Fund
A
9 V*
25.35
-
21.47
& Pwr Shares
New
26 Va
-
Union Common Stock Fund B—
shares
64 Va
8%
f
68.50
1.02
B
Series
Fund
5.24
95c
;
65.50
93
6.90
—9
'
Utilities
Scries
V'
7%
■
24%'.?
6
Globe & Republic.
114.99
Inc
Z100
Glens Falls Fire—:
17.91
V
112.71
State Street Investment Corp
Trusteed Industry Shares
25o
1.91
;_•
16.66
6%
87%
General Reinsurance Corp..
5
Gibraltar Fire & Marine
--10
20
1
Selected Amer Shares
>>
Securities
Aviation Group
Bank
B
1.87
19.34
Incorporated investors
Independence Trust Shares
Institutional
;
..i
Sovereign Investors
!
ioo
17
Fund
Republic
3.74
3.45
Trading
(Geo!
Standard
Income
1
&
Z
25
Franklin
Scudder, Stevens & Clark
m
v.
Utility shares
1 V,
Series 1956
V
2%
Fire Assn of Phlla
9.30
94 Va
62%
National Liberty
National Union Fire
Fireman's Fd of San Fran- -10
Firemen's of Newark-.
—5
11.39
90
4
National Fire.
Federal
shares—
6.51
•
7.09
5.80
Tobacco shares
Trust
7.80
5.92
shares
Amer
Series 1955
10.72
6.34
shares
North
10.36
8.53
10.10
9:76
Mining shares
equipment
17 Va
(Detroit)—10
Casualty
74%
Fidelity <fe Deposit of Md— -20
11.82
Low
National
43
Employers Reinsurance
9.64
15%
Fire
Monarch
24%
Pacific
13.70
8.77
71
40
Employees Group
9.94
43 Va
20%
•
71%
Connecticut General Life- —10
13.75
12.47
8.82
<
Industrial Machinery shares
Institutional bond shares
-
N Y
10
York
41%
12%
8
4
Assur——
Mfrs Fire
&
25
Surety
City of New
15.78
9.04
23
Continental Casualty
Crum & Forster Inc
12.63
.
.
66%
Casualty
New
Z V 15.24
12.52
14.37
'19%
Camden Fire
17.51
Machinery
Merch
10
Boston
11.89
Merchandising
9.47
,
shares
13.88
10.82
-
7.18
:
11.47
,15.95
Speculative
equipment
Insurance
7.60
14.31
6.53
Diversified Investment FundElectrical
11.08
6.91
13.04
■■■
Administered
8.77
11.45
10.09
shares
,'.V
10.01
7.98
10.42
Merchant Fire
Bankers & Shippers
16.25
10.44
—
Massacnusetts Bonding
14'/a
Baltimore American
11.18
14.80
Equipment
Chemical
shares
Fopd shares
American
13.25
10.17
Building suDply
13%
25%
13%
_10
Automobile
9.58
18.38
12.06
12%
8%
Newark
95
20
---*
24
of
Reserve
"'If-
92 %
Y
5
0
Re-Insurance
15
10
America—10
Maryland
American
15.55
-
8.69
16.75
Fire
39%
Fidelity & Casualty.9
American
14.06
stock
Insur Co of North
36% s
Casualty
Equitable
American
Automobile
Homestead
88
4
American
8.22
30 Va
25%
American
17.05
«•*
50%
28%
53%.
.
23%
10
Automobile
American
•
Electrical Equipment
•
American
5.43
7.42
1
84%
Alliance
American
6.63
16.88
i
Agriculture
46.08
shares
Chemical
58
Z: 47%
57%
51%
-26
Inspect—10
Jersey Insurance of N
Stocks Inc—
Business
Aviation
«.!
series
-10
Hartford Bteamboiler
89%
55%
-10
Life
Agricultural
10.79
4.90
VV; Aviation
Group Securities—
General
iV'
5.31
.
England Fund
New
38.19
6.49
Stock
New
9.05
34.85
2
Trust shares-A
23
r r«d
Par
A«k
86%
8.77
9.77
_
Bla
& Surety^
-
Aetna
7.05
5.93
-
series
Aetna
8.20
2.67
Inc
Mutual
Fully
Insurance Companies
Par
Aetna Casual
10.30
7.97
Speculative series
17.70
•
industrial Fund, Inc_
13.36
9.27
series
Preferred stock
Fundamental
5
12.36
.1
7.46
1.86
Selected
17.90'
17.51
6.38
1.70
Fundamental Investors Inc
-
16.38
16.31
10
Inc
—
stock
7.40
Fund
Fidelity Fund
(
Fund
25c
Fund
Preferred
16.82
series
Industrial
Howard—
Balanced
St Louis & San Francisco corn-
Securities—
shares
2.50
Eaton
67
21
'
28
65
com—-
31.70
15.64*'
Low priced bond series
Shares
26
56
Grande
Rio
10.32
29.48
1
Fur.d
sesles
Income
25.50
Diversified Trustee Shares—
Dividend
9.39
1
Trust
Investors
National Investors Corp
National Security Series—
150
:•
Delaware Fund
Investors
Mutual
37.40
r
Fund
Common
Mass
4.60
•
Commonwealth Invest—6.69
•
78
Manhattan Bond Fund Inc—
Sayles
45.72
Securities
43%
76
56.60
Loomis
21.54
Fund...
Preferred
Fund.ilO
55.47
26.24
42.29
Ltd
&
Preferred
131.90
24.40
1
Century Shares Trust
Chemical
Christiana
129.26
Sayles Mutual
9
Inv
4 Vbs
8.17
*
Fund
Loomlc
Mass
Canadian
41%
—100
8.50
7.67
Knickerbocker
'
109.50
Ltd........
Fund
78
''
—
preferred
Denver
80
S-3
0
Inc
98%
76
4'/as—
Rio Grande—
8erles
;
105.12
America
ol
96%
Chicago Rock Island & Pacific—
Common
—*
97
..
Series
20.70
40.03
Corp
Tr
Fund
Bullock
,19.25
1
.
Fund B
Ask
Francisco—
San
50-year 4s
Stocks
Series
Houghton
&
Income 75-year
'78
,
30.84
<
—
Series S-l
8%
'
11.33
__
30.60
Series
5.29
37.27
Axe-Houghton Fund Inc..
Axe
■
Bid
1st
97
•-
76
Chicago Rock Island & Pacific—-
(Cont.
__
6.97
4.83
shares—
Oil
2003
>
■
Custodian
6.38
1
Investlng_10c
Assoc'ted Standard
Keystone
IV*
American Business Shares
American
2nd, 4Vgs
95
-
Louis
St
Bid
12.17
11.10
1
Affiliated Fund Inc
1983
if issued)
and
as
Ask'-
-
Z
1st 4s
Ask
Bid
1-953
Reorganization Rails
.•
,
:.»n. h
NY
1-1288
1-1287 &
PHILADELPHIA
—
Teletype
2-8700
REctor
Members New York Security Dealers Association
1926
Established
Bell
DIgby 4-4950
IThese bonds are subject to all Federal taxes.
•
.
-
^Quotations not
"
[Volume 162
THE COMMERCIAL &
Number 4443
FINANCIAL CHRONICLE
Week
THE COURSE OF BANK CLEARINGS
*■
decrease compared with a year ago.
yjhV Bank clearings this week will show
a
Preliminary figures compiled by
upon
cities of the country, indicate
based
us,
that for the
Third Federal Reserve
telegraphic advices from the chief
$
Inc. or
*v
Dec. %
District—Philadelphia-
1
Pennsylvania—Altoona__.
1, clearings
week ended Saturday, Dec.
Ended. Nov. 24
1944
757,:
Bethlehem
635,6
Chester—.
iifor
all cities of the United States from which it is possible to obtain weekly clearings
Lancaster.
•
will be 8.5%
total
stands
at
Reading__:____^__^.
$12,470,891,753 against $13,628,611,301 for the same week in 1944.
Scranton
Wilkes-Barre
At this center
Our comparative
' ,
4 '
thereys a gain for the we^k ended Friday of 4.7%.
for the week follows:
summary
Philadelphia
Our preliminary
below those for the corresponding week last year.
'
•
m
,
*
York
New
Jersey—Trenton.
.
Total
•>/••. +) V/ .> /
Clearings-rReturns toy Telegraph
V
;
Week Ending Dec. 1—
•
;
—
?;
:'i
Philadelphia—-—
>
$5,906,161,747
526,743,145
:
'579,000,000
-
Boston
:
4.7
+
/
Federal
Reserve
District—Cleveland-
Ohio—Canton
4,1
Cincinnati
—10.9
458,367,303
>
Fourth
."r
—14.1
650,000,000
362,845,966
; •
__
cities)
%
,1944
$6,184,150,101
—
Chicago
(10
■'''•■
v; '•
1945
452,299.651
New York—
•i;'
"
•
—20.8,
111,3
Cleveland
' v.
j
194,8
Columbus
/
v
^
15,0
■
I ■;,/
)•
Kansas City
St. Louis—
;
San Francisco
^
:
188,300,000
174,100,000
—.
;
—
Pittsburgh
'179,568,885
180,113,930
—
;
—
l
7.5
—
'
"197,008,302
268,491,000
_+' 7.5
\
288,711,000
.
Mansfield
+ 0.3
3J
Cleveland
•
Baltimore
Ten
/
——
185,597,174
239,649,811
—17.6'^
131,^83,695
___.
cities, live days
♦,,•
.
\
*
1,656,699,975
V .*,«/'•
.»
-
'
v
'• •;
Total all cities, five days_.
All
'•
-
--
167,940,419
.
$8,752,919,838
$8,735,709,819
ijfi Other cities, five days
.[
v
J,207,697,528
1,816,546,120
•
;.
'
cities, one day*——
2,078,481,959
3,019,145,343
Total
(7 cities)
Federal Reserve
201,5
>
—21.5
" y ' i
0.7
—
—
8.8
>^
.2.0
.
'
,
1
:>v >
Virginia—Norfolk
■
i
District—Richmond-
West Virginia—Huntington__
Richmond
South
.
f
•
Total all cities for week
-
■"Q-*
$12,470,891,753 $13,628,611,301
_
f
-i-
f
.
.
'
—31.2
'..v
Carolina—Charleston—
2
in
our
issue of next week.
ends Saturday and the
Maryland—Baltimore——_______
8.5/-
—
,
r
>
:
.
»
.
Accordingly, in the above the last day of the week in all
i
44
-VV:J,
:
(6 cities)—
i
In the elaborate detailed statement, however, which we present further below,
week
able to give the final and complete results of the week previous—the
For that week there
ended Nov. 24.
was
an
increase
289
:
Federal
Reserve
District—Atlanta—
13
Nashville.
47
Georgia—Atlanta
we are
141
Tennessee—Knoxville
has to be estimated.
cases
Total
Sixth
not available at time of going to press.
are
Columbia—Washington-
appear
We cannot furnish them today, in as much as the week
Saturday figures
of
.
J
"• y
.
Complete and exact details for the week covered by the foregoing will
,|:
6
93
/
District
_
534,1
•
8.6
—
;
$10,392,409,794 $10,609,465,958
2,6
4,5
Pennsylvania—Pittsburgh-!.——*-
)
Fifth
r,
/ "
;
Youngstown
of 9.4%, the aggregate of
•
1 / 162,
.Augusta*-*-. *-**—-----+-*—*
*r2,
i Macon___*__**!——**_*_
—■ 2,
Florida—Jacksonville——*^.^_*_*v
Alabama—Birmingham—.
54
>
66
—*—.
Mobile
clearings for the whole country having amounted to $10,619,065,313 against $9,710,-
Outside of this city there was a gain of 6.1%,
178,441 in the same week in 1944.
this center having recorded an increase of 12.1%.
the bank clearings at
from this it appears
Total
(including this city) the totals
that in the New; York District
The Cleveland ^Reserve District suffers a
9.0%, but the Richmond Reserve District enjoys a gain of
of
We group
improvement of 12.0% in the Boston Reserve District of 10.0% and in the
an
Philadelphia Reserve .District of 6.2%.
loss
Louisiana—New
-
..
2.2% and the
(10 cities)
/ Seventh: Federal Reserve
Lansing
District by 13.6% and in the Minneapolis
Reserve District by 21.2%.' In the Kansas City Reserve District the totals register
an increase of 13.7% and in the Dallas Reserve District of 24.7%
but inUhe San
^Francisco Reserve District the totals/read a decrease
of 0.1%.
i
,
:
'
——
1
Terrc
^
!
Bend-—*
.
>•"
Sioux City
1,985,707
i_
L;**;
-Z:-/--
a+
V;
;
1,011,511
2,197,486
>
SUMMARY OF BANK CLEARINGS
1944
Inc. or
V'
r
$ > ' Dec. %
'*
1st' Boston
12 cities
>•, 417,059,001
379,282,742 +10.0
} 2d New York_
12
"I > 6,066,529,531/ 5,414,297,972 +12.0
>3d Philadelphia's.
*—«- 10
** '
,
646,779,746
603,257,679 + 6.2
tilth glevelftrid- 7
:
;534,10l,05l r . 586.973,388 "W 9:0
''
5th RlChtTMW* '
'
6
" "
"289,160+181
282,883,895 + 2.2
6th Atlanta
-10
** 1
' 452,599^63
418,024,503
8.3
1
7tb Chicago IIIII——— 17
616,237,260
578,567,931
+ 6.5
8th St.
LoulZ__4r--ZLZ 4 : '•
343,543,502- : 302,299,663
+13.6
*
,
v
'1945 ■•>>.,/
-
...
7
11th Dallas
;
6
.**
f.". ^
523,396,250
9,710,178,441
239,517,040.
>> 308,430,445
J
<
181,711,543
*V /
10
—
111 Cities
■
197,698,128
271,382,733
145,756,409
523,731,893
.10,619,065,313
"
■
12th Sah Francisco-
'
"
-10
-
City
Total
3,508,957:217
( 537,369,051
- "464,570,649
"536,083;947
229,696,684
4,715,877,161> 4,445,831,361
1
•J Outslde New York City-
213,835,443
f
344,037,293
Ninth
8,045,929,517
6,930,901,307
3,918,348,474
3,546,518,193
Federal
cities)
four years:
'
i
.
1944
-1945
.
Reserve
/
Massachusetts—Bostonjran
River
-
Lowell
New
i
;
j.
■/Springfield
363,112,036
1,282,094
>
—
^V"
I
—s.
Inc. Or
-
'
1,225,288
"
+ 5.4
2,2
•+ 9.4
+15.2
1942.
$
•
4,568,:
South Dakota—Aberdeen.*—:
2r028,i
Montana—Billings.
2,646,-
Helena
(7 cities)
Federal
—
4,817,335 >/>
5,166,945
—
433,381
' 966,129 '
8.6
y 11
6.8
Reserve District—Kansas
Nebraska—Frjemont.
5,723,993
12,848,300
+14.0 '
992,249 /
Hampshire—Manchester—: ?
cities)
417,059,001
V.'
"
.
801,410
379,282,742
^.
%
2,058,997
+
12,652,900
i
+23.8
623,331
New
•;
Buffalo
+24.6
—55,193,000
—
56,996,000
—
1.4
326,194,271
816,824
882,248
—
7.4
805,806
Jamestown
;
/
Dallas
//'
*
cities)
(6
Washington—Seattle
cities)—
1,753,403
6,188,941
District—San
*
181,711,543
Francisco-
1
80,166,367
r
Yakima
3,118,048
Oregon—Portland
./>
.___—
Utah—Salt
71,606,673
/• 36,033.686
California—Long Beach——*
+18.3
801,642
705,017
+12.1
4,127,581,043
3,384,383,114
1*3,572,896
11,840,195
+14.5
10,172,946
8,284,060
4,980,364
4,933,523
Santa
7,642,357
5,934,715
Lake
City.
10,497.947
San Jose.
V
5,201,233
9,266,298
> 9,441,179
472,323
353,913
25,581,773
24,190,935
+
23,623,384
31,557,476
+20.1
32,611,414
31,256,391
6 036,529.531
5.414,297,972
12.0
4,267,789,426
Pasadena—.
■*
San
5,187,779
*
Francisco
300,251,000
7,523,019
V
Barbara
3,508,957.217
2,854,551
21,855,414
37,893,940
——*—*—"
Jersey
r
*
Federal Reserve
731,316
Jersey—Montclair
New
-'"!>>-
881,280
5t907,944
Newark
4,052,000
i
Falls
5,2C4,347,080
Syracuse
(12
/v
45,300,000
16,942,517
Galveston
Wichita
Twelfth
1,717,648
149,583,000
'/v.
Louisiana—Shreveport
865,202
Connecticut—Stamford—
Total
1,225,326 >>
v
1,04
3,191,682
,i
5,903,188,152
York
Rochester
Northern
,
1,42
>
>
(10 cities)
4,400,968
53,154,000
:
New
4,905,898
+49.6
1,242,329
Elmira
New
'r
7,503,068
1,548,401
■'
6,30
,
=
:
Fort Worth
^
11.222.778
York—Albany—*
—
Eleventh Federal Reserve Districtr—Dallas-*
813,269
.
t
'
;
—
Texas—Austin——*—_*———.
12,814,500
341,439,616
+10.0
3,59
5,11
203,75
—
-
Pueblo
Total
76,62
.
St. Joseph
;
Colorado—Colorado Springs.
5,167,600
,
1
3,688,292
10,561,660
5,007,609
4,02
•—*.
Kansas—Topeka——
Total
Second Federal Reserve District—New York—
U Binghamton
21
32
*___
Wichita——.*-*
'Missouri—Kansas City.
2,098,808
1.911,595,929 r;
+34.3
City-
—
Lincoln
369,368
781,274
3,772,348
^+43.4
2,274,857
14,079,783
17,249,600
/
689,470
520,096.
1.101,354 ;.+11.3
,.
5,987,;
2
-
Total
.
2,944,538
6,104,424
300,086,115 •';$ 282,336,463
" 778,243
769,143
—
-3,262,044
♦
Island—Providence.—___i—
(12
t_
6,526,959
.
Haven
Total
626,529
57,370,1
.'
..
1943
.
Dec. %
14,350,745
Worcester
New
,
2,864,272
331,860,187
1,112,993
-•>'
-572,702
>
Connecticut—Ilartford
Rhode
v
>l;v >
.
Bedford
; New
822,119
866,119
5,143,1
161,772,'
'
Omaha
-v 2,801,830•
Portland
-
.
;
North Dakota-—Fargo.
Reserve District—Boston—
First Federal
Maine—Bangor-^———————
v
$
$
Clearings at—
District—Minneapolis—
Paul—
Hastings—/
+^1^33
'
Week Ended Nov. 24
i
«:-v
\
-
343,54
Minneapolis.
for the
detailed statement showing the figures for each city
!
—
Minnesota—Duluth_*__
St.
196,90
/>: 72,74
+>>■^,72,56
:
;
Illinois—Quincy—*———-—i
(4.
+
Louis—
"...
,
Kentucky—Louisville
Total
+20.5
2,337,885
■
District—^St.
Tennessee—Memphis
229,521,977
159,842,703
213,973,130
106,798,534
403,736,327
'
+'*' 6.6
616,237,260
Eighth Federal Reserve
Tenth
We now add our
>
week ended Nov. 24 for
:
(17 cities)
Missouri—St, Louis
295,293,621
467,808,378
489,108,474
260,785,901
+21.2
191,792,704
>+13.7
259,648,003
+ 24.7 : K 122,410,702 /;
— 0.1
447,770,591
.+ 9.4
+ 6.1
U
SDringfield
Total
•
•
+13.6
—
1.9
,
/
+33.5
+
5.8
285,246^
'
305,087
Stockton—
Total
2.7
7,392,301
>326,194,271
.
9th Minneapolis
■'
—» ■/■•■.
4,267,789,426
555,366,576
rr
10th Kansas
1942
.
>341^39,616
—
—
1943
-
+ 77.2
+" 5.5
—
2,125,276
> >
Rockford—
Week Ended Nov. 24—* Federal Reserve Districts
0.1
+ 10.9
+ 30.9
488,343,110
-
Peoria
■
+ 18.2
—
7,657,574
Z
Chicago—
Districts: '
furnish a summary by Federal Reserve
3.4
+ 21.6
14,656,825
Decatur
In the following we
0.8
+
—28.9
33,955,686
^
*_*
—_*
28.3.
+
11,493,356
1
J_.
Rapids
+ 37.0
+
—20.6
2,745,310
.*'
Moines
.
2,874,865
28,108,000
—
Haute—
Iowa—Cedar
'
;
-
-
Wisconsin—Milwaukee.
Des
•.
3,467,008
Indianapolis.
South
/
558,761
5,326,599
'
Illinois—Bloomington—
";.i
.
D!strict-+ChIcago-+
——J.
•.
Indiana—Fort Wayne
In the Chicago Reserve District the totals are
8.3%.
Reserve District of
larger by 6.5%, in the St, Louis Reserve
^
.
98,
Michigan—Ann Arbor—
Grand Rapids*
!
Atlanta
v
Orleans
according to the Federal Reserve Districts in which they are located and
the cities
record
4
Mississippi—Vicksburg
(10
•
:
*
cities)—/—*——*C_/'/ >
Grand Total
(111
Outside
York
New
♦Estimated.
cities)
.
6,157,180
523,396,250
10,619,065,313
4,715,877,161
20.3
THE COMMERCIAL & FINANCIAL CHRONICLE;
2678
Monday, December 3, 1945
Company and Issue—
<
RATES
EXCHANGE
EXCHANGE
to NOV.
1945
23,
».
Nov. 23
■■Mir
Nov. 26
Nov. 24
..
A;r/:
$
./C-
■
':;/v
Nov.
•
27;
.251247*
/v
V..
Npv. 28
•
.297733*
.251247*
-
3.214113
3.214113
3.214113
.022845
.
cruzeiro—
.022845
United
Nov. 29
r -
'
.060602*
Official
.
.251247*
r.
? :•
-
/
V;
/; V
3.214113 '
.022845 '
■
.022835
.060602*
.051802*
peso—
*
,379327;
.
.370327
.909090
.905625
3.227000
++ c
4.005000
.
Electric
1st
.658300*
———
/;
..658300*
;
.562900*
.
,658300*
Gas
Power
.562900*
of
Northern
Green
Increase
Co.
Co.
;;;;; $5
Nov.
Nov, 28,
1945
Assets—
certificates
Gold
fund
Redemption
—
Investments—total—
Loans and
999
+
760,725.
191,518
■+■:
—
—
preferred
+
6,751
Total
Other
17,871,290
and
loans
Govt,
S.
+
•
brokers
to
123
—
U. S. Government
4,371
—
dealers
and
-
■'
+
136,602
+
Other securities
865,519
'
+
118,500
+
3,565,971
+
48,500
+
928,179
12,968,315
—
Certificates
7,658,961
,
1,375
+
451
U. S. Government
410
r
60
23
+
:,+ :
1,070
3
29.
+
—
977,392
—
Loans to banks
loans
Total
Due
F.
from
R.
Uncollected
Bank
Other
and securities—
banks—
of
124,729
464,487
•+
110
other banks—
foreign
notes
24,440,055
+
■
AA./
—////-•
:
•«'
5,287,585
'+ A
3,364
Treasury notes—.
26
156,361
1,890,150
'.
!,
67,959
;.+
—
9,889
+ 148
—
—r
9.041
——.—
,3,237
"4.0,460
Banks.—,
590
'assets
Totai
44,662,822
_j—
';•+
.
V 319,408 ;• +
4,677,071
Liabilities—
Federal
Reserve
Deposits:
■
S.
+
22,894
Time
2,970,715"
acct.
16,260,965
acct./
Treasurer—gen.
Foreign
+
875,359
:
+
1,499,998
+
264,849
26,830
—
372,792
175,217
476,026
+
18,697
18,169,686
+
463,503
+
1,567,272
124,073 V
+
43,802
'/■'+
+':
*J
,
deposits
'Deferred availability items
Other liabs., incl. accrd. divs
V
1,566,688
12,288
44,089,262
+
173,463
701
+
+
interbank
and
-
•+
1..732
(Section
!
7)—
":
317,237:
+
+
243
+
7
' 25.
series
Other
(Section
capital
13b)
27,165
accounts
144,779
Total liabilities & cap. accts._
Ratio
of
serves
note
gold
to
certificate
deposit
liabilities
Commitments
to
-
and
+
2,114
44,662,822
+
319,408
+.
41,805
V..
42.0%
.5%
—
—
6.8%
ing tenders, and the page number gives the location
which the details were given in the "Chronicle."
indus¬
trial loans
3,257
297
+
840
<
Condition Statement of Member Banks
-
The condition statement of
weekly reporting member
of the Federal Reserve
System in 101 leading
.
ended Nov. 21:
following principal changes for the week
Increases of $568,000,000 in loans, $374,-
in
1st
•
all reporting member banks was
$123,000,000-.
Loans to
brokers and dealers for
purchasing or carrying United
;
States Government obligations increased
New York City and $124,000,000 at all
+
ber
banks. ! Loans to others than brokers and dealers
purchasing or carrying United States Government
obligations increased in all districts, the principal in¬
creases being $69,000,000 in New York
City and $59,000,-
and
000 in
the Dallas District; the total increase at all
porting member banks was $256,000,000.
Holdings
Company and Issue—
Writing Paper
American
■
;
re¬
gen.
& ref. mtge.
Terminal
D
5%
Co.,
mtge.
First
Treasury bills increased $90,000,000 in
New York City, $27,000,000 in the Boston
District, and
$100,000,000 at all reporting member banks.
Holdings
of Treasury certificates of indebtedness increased
$68,000,000 in the Chicago District, $63,000,000 in New York
City, and $148,000,000 at all reporting member banks.
mtge.
City and $43,000,000 in the San Francisco
District; the total increase was $156,000,000,
deposits adjusted increased $245,000,000 in
New York City, $46,000,000 in the San Franciseo District,
and $304,000,000 at all reporting member banks.
United
States
Government
deposits increased
in
all
districts.
•
4 ■
,
Hope
1;
Corp.
1st
'
■
&
A
B
>■
.
v--
pfd.
stocks—„Jan
2020
2397
1
mtge.: 6%'bonds,-
--
»-
*■
^...Jan
Di
-A
«•/
> *
preferred stock
Dec
ref.
3%
pfd. stock—.—
mtge. 4s due 1955
Co.-—
c
mtge.
,
•
2312
" 1678
•;
^
2398 Sv
2519 A
4
Jan. 1,'46
1520
'46
1930
2399
'+
•"!
,;;/2191
2191
*
bonds, series A.Jan 24
A, due 2022
July
+■
t.
-c
1
,
series
=
1930
improvement mtge. 3%s, ser, B, 1974__Dec 17
ref. 4s, due 1953Z—i——Jan'- 1
4%
+:*
K
bonds, series C, due 1968—.Jan 1,
Terminal Ry. 1st mtge.
Light Co.—
•
•'
:
1•?
31
Dec
...
:;
2022
'
3
1951—Apr. 1, '46
5%
*'
+
1
1
Dec 15
.Dec 31
j
{ ^
"
+2187
1
bonds.-Dec
1952—
*'-et
-
1
/
'
>.
-.'Wv '
2187: i
.Dec 28
mtge.
w'l
A/ 151?
.....Jan. 1, '46
1st & ref.
<
1
'«
12480 A
1.
1, '47
A
1932
+••»*
Cigar-Whelan Stores Corp. $5 preferred.stock_.Jah;..4
Products Cc. 414%
convertible debentures
,
■
1958
Jan
—
————
1
i
••
.:%><•' • +>. •;
«+„}
———;—•./!_»—————U—/"—_—Dec 31
1st mtge. & collat.-3%% bonds
1954
I
^
Disinfecting Co.*,
*
Wisconsin
2519
—
Light Co. 6%
Power &
^Announcement In this Issue,
■»»
•
t
t
».
)
& 7%
t In Volume
16L
A
•
1678
1808
DIVIDENDS
•
•
grouped in two separate tables. In the
first we bring together all the dividends announced ihe
current week.
Then we follow with a second table in
Dividends
Page
-...
c*
*
which
we
are
show the dividends previously announced,
but
*>
Further details and rec¬
ord of past dividend payments in many cases are given
Under the company name ip our "General Corporation
and Investment News Department" in the week when
which have not yet been paid.
'
*
*
2519
2515
"
declared.
r
.
The dividends announced this week are:
.
/
.
-
2016
Industrial and Miscellaneous Companies
2149
-
♦
When
.
2149
Nairn of
A.
F.
D.
1772
D.)
2276
2187
+
h
,r'i
(liquidating)—.
(quar.)——
(Hartford)
...
Mfg. Co.
Aetna
2020
'
Company
,(J.
Adams
1893
Share
Company
Casualty & Surety
Extra
—;i
Aetna
Uie
Insurance
Extra
•
f
(Hartford),
+
•'
(quar.).
—
/
.
■,
+'<•'•",
.
12-29
12rl5
.
6214c
%- "2
H-30
50c
;
;—
-
of fiee.
1--7
$8
Jiflc
Holier*
Payable
Per
2394
-r
'
/
+
A
—Jan ""1 A 2193
pfd. stock—-Dec 17AA'AAp
1st & ref. mtge. 314s, series A,
—-
mtge.
.
31
__Jan
^
314% bonds, ser. B,
314% bonds, series B, due 1964—Jun 1, '46
cumulative convertible pfd. stock—Dec 31
Western Maryland Ry.
due 1977
—-----Apr l. 4b
*L'"
u-./v-V-i
Co.—
1st
.
A 1510. A
Radio
due
3%%
2%%
Bridge
,
•' *,
<
.
due
5s—————Dec. 16 •
National Casket Co., preferred stock_^—
—
—Dec 31
National Oil Products Co., 3*4% debs._due 1955
Dec 10
Northern
Indiana Public Service Co. 5%
pfd. stock-^Dec
8
Pacific Gas & Elec. Co. 1st & ref. S'/as, ser. I, due 1966_Jan
1
Mount
V
1
-
•/'
2151
..
Jan
—
f1
A
.7 2313
West
Date
—————
Demand
V.
.
460
Inc., prior pvfeerence stock...
Feb
1
Inc. 414% convertible debentures due 1960__Dec 17
Pacific RR., ref. mtge. 3*48, ser. A, due 1980
Dec+4
Union
mtge. bonds, ser. F,
due 1985
—.—:————
Jan
l
Elk Horn Coal Corp. collat. trust 4s due 1956
—Dec
1
Gannett Co., Inc. 6% preferred stock-—Nov 30
Goodall-Sanford, Inc. ZVz% debentures due-J956_v——Ja«
\
Griess-PNeger Tanning Co., convertible income deb.—Dec 31
Indiana Service Corp. 1st & ref. mtge. bonds due_ 1950—Jan
1
Jones & Laughlin Steel Corp. 5%
pfd. stock, aeries B__Jan
2
Lafayette Hotel Co., 5% 1st mtge. bonds due' 1947——Dec 15
Lake St. John Power & Paper Co., Ltd., 1st mtge. 5V»s
<
due
1961
-—Jan
1
in New York
]
i
..
,1
2517
1
stock—..Feb
—
gold debenture bonds,
Utah
Detroit Edison Co., gen. & ref. 4%'
Holdings of United States Government bonds increased
in nearly all districts, including increases of
$53,000,000
"
Association of St. Louis—
RR.
City
United
•
bonds, series E, due 1969———Feb,!
bonds, series G, due 1974_:
j_Feb 1
Coast -Counties Gas & Electric Co. 5%
pfd. Atk.___/—Dec 15
First
of
■
2390
Power &
8%
rJa,n, J
—
Bucyrus-Erie .Co, preferred stock
Union
■
bonds due
mtge.
r——
Cincinnati
•"
i
Corj>.
u*
2150 A
-
Textron,
—
REDEMPTION
1961
A
improv.
Telephone
„—.—
PARTIAL
$6
of Oklahoma
,
for
pfd.
\
A/'
1 2274
Textron
bonds due 1951
Dec 28Philadelphia & Reading RR. Improvement mtge. 4%
'
bonds
due 1947
—i—
^
u-Dec 28
$111,000,000 in
reporting mem¬
Y.
.V
2149
1
-
-
1929 due/Jan, & July
of
ser.
Corp.,
C
Bell
Texas
—
•;
Jersey Central collateral 4%
A
——
«—
Reading Co.—
1
10
Jan. 1, '46
Pacific RR.
General
Dec 10
Kansas Cirty Southern Ry. 1st mtge. 3s due 4950
T J3ec
31
Mutual Fuel Gas Co. 1st mtge/ 5s due
1947—-—-—-Dec 24
Philadelphia Transportation Co. consol. mtge. 3%-6% ;
bonds, series A, due 2039
——Dec 15
1977
B,
Refunding &
2
—Jan
Burlington & Quincy RR.—
+
General mtge. 4%
bonds, due March 1, 1958.
—Dec 10
First and refunding mtge. 4Va "fa bonds, series B, due
,-f
.
A
•
Dec 29
N.
America—
Ry.-ref.1 &
Co.
Texas
Chicago,
*n demand deposits adjusted, and
$637,000,000 m United States Government deposits."
Commercial, industrial, and agricultural loans in¬
creased in nearly all
districts, and the total increase at
.
Page
Date.
1947_Dec 31
—
A
v, ,->•
,
\
-> *
2047—
1st & ref. mtge.
Newbern RR.
1948
due
000,000 in holdings of United States Government obliga-
of
Ohio & Detroit RR.
Southwestern
1st jntge. 4s due 1947__Dec 31
Central Pacific Ry. 1st ref. mtge.] 4s due 1949—
Dec
5
Chesebrough Building Co. 1st mtge. 6% gold loan ctfs. >• ;>
Wilmington &
A.Jan
^.Dec
ser.
bonds
1st mtge. 314%
....
Car
due
series
Southern
Dec 31
i_
...
mortgage
———
Pacific
B,
Terminal
Washington & Vandemers RR. 1st mtge. A'/aS due
banks
cities shows the
1946
due
mtge. bonds,
cons.
general
Schenlcy Distillers Corp. 514%
TENDER
OF
NOTICES
Company and issufr—
s
'
Atlantic Coast Line RR,—
Norfolk & Carolina RR. 2nd mtge. 5% 50-year bonds
stock,/
pfd.
10-year 234% debentures due 1953—
Square
;
r
v
Reading Co. Jersey Central coll. trust 4s due
Remington Rand, Inc., 314% debentures due 1956—... Dec 16
Rheem Manufacturing Co.. 334%
debentures—..v.-——Dec 31
bonds, notes,
and common stocks called for redemption,
including those called under sinking fund provisions.
The date indicates the redemption or last date for mak¬
preferred
R.
10
Feb," 1
—
—
Public Service
Below will be found a list of corporate
„'
Phelps Dodge Corp., '314% debentures due
Pittston
Co.- preferred
stock
...
Notices
;;+■:; 4,677,071
<>%
•
,
___Dec
-
Philadelphia Suburban Transportation Co.-—
Philadelphia West Chester Traction Co. 6%
Redemption Call$ and Sinking Fund
■V+V
re¬
F.
combined
make
-
—
convi
Inc.,
stock
Pennsylvania,
200
/ 2393
Telephone & Telegraph Co.
>
Ref. mtge. 314%
bonds, series B, due 1966—/./.Apr. 1, '46
Panhandle Eastern Pipe Line Co.—•
First mtge, St 1st lien bonds, series A..—...—Dec 28
16,270
'
Surplus
14
Pacific
79
!+ ;
deposit accounts except
S.
Gov't
accounts,
40,056
+
228,153
of
Corp.
American
Northern
944
+
12,594
+
57
:
Assurance' Co,
1967
North
—184-
.
4,582,416
Co.,
:
bonds,
—
Capita] Accounts—
Capital paid in
Surplus
Plan
due
V
liabilities
»*,t
2393+
.
of Delaware—
New York Telephone Co., ref. mtge.
•
Total
2148
,
'
Dee*-14
—— —
England
Fire
preferred
636
+
+ 3.966
U.
during week.
>•'
I
*
ser. of 1929 due Apf., 1946——.Apr
1
^ >1510 *
Meter Co. 8%
preferred stock.../..'_Jan"2
>+?!.
Supply Co. 6%.and 5*4% prior pfd..stocks—Dec. 8 ui 12397^
Newport News Shipbuilding & Drydock Co. $5 convertible
*us—■
627
—
Total
;
8,564
+
v
Collateral gold notes,
1
540
'+•„
Neptune
637
+
v
National
+
1,103
1950
Mfg.
1946
5
18
10,428
A,
ser.
%
:
Colla,ter,al gold notes,
359
304
Foreign banks
Borrowings
Debits to demand
.
+-.-.51
+
Domestic banks
.—
Morris
581
+
+
deposits
Interbank deposits:
324,180
147,456
557,336
_
Other
v
-
..
bonds, series A, due 1970———Dec
Paper Co. 1st lien & gen. mtge. bonds,
New
5,382
+
9,303
?.
tl
Telephone & Telegraph Co.,
bonds, ser. C, due 1969—
& Nashville RR,;—
14
39,805
deposits
U. S. Government
_
bank—reserve
Member
U.
24,340,600
notes_:_
—
{
deposits-adjusted—
Demand
Liabilities—
&
30
—
*
'
26
2273
93
—
v:
2,241
Balances with domestic banks.
5-yr.
'*
»f/?251T
374
—
A
4
+
+
2271
10
Merchants
—
6
mtge. 4% bonds due 1960
Jan. 1,'46
McCrory Stores Corp., 314% debentures due 1955
.Dec. 14
Mallory (P. R.) & Co., Inc., preferred stock—
.__:_.Jan
1
Mangel Stores Corp. $5 conv. preferred stock..——_Dec 15
385
2
$1.50 conv. pfd. stk._Dec
conv. debs., due 1946——Nov
Dec
1,716
3
2016
Unified
511
+
2271
2392
5
Lincoln
261
+ ;•
1
6
Dec
preferred'' stock.
A, due
+
32
1513
Dec
due
Louisvllle
9.
#
+
+156;
13
Cash in vault
27
—
25,491
Reserve with Federal Reserve
7,007
+
3,007
Indebtedness,
Other securities
644
33
33,683
premises ——
assets; _—
+100
Obligations guaranteed by U. S. Government
58
+
of
U. S. bonds
45,093
'
—/J__—___
items
''
+
•
'
•
+
—
certificates
Treasury
•.+
78
1,116
266,034
5,093,635
303,602 ;-/• +
+
23,646,218
S. Govt, securities
+
2148 ;.'
1513
1951
—Jan
pfd.
conv.
•
;
•
11
;
1 +
Inc.,
Utilities Co.
.
*
-42516•+4-^
stock.!
Lehigh Coal <fc Navigation Co..
682
+
+ 256
1,167
obligations.
Other securities
Real estate loans
Co.,
<yv
.+
*
.
'•<
1
27
1967__Ja»
,■
Lake Superior District Power Co. 1st mtge. 314% bonds,
series A, due 1966—Dec
Lehigh
carrying:
1,581
Bonds
Totai U.
—
•
104
838
,
-i
21
—Dec
__Jan
Southern
series
280
124
stock
debentures
Telephone Co., 1st ratge, 414s,
LaPlant-Choate
—
»
+7
2515
1
—/——/Jan- "T -v
Texarkana & Fort Smith Ry. 1st mtge. 514%- bonds,
- r f ,
pur-
obligations.,
Other loans for purchasing or
securities:
for
+
+ 123
2012
1
A:-/. •1949'
1,840
chasing or carrying:
198,321
+
2,041,550-'.
Bills
Loans
6,725.
4,940 'r—
161,008
*
2,421
—
655.277
4
+
791,416
:
advances-
Discounts
Industrial
U.
+
234,846
ctf. reserves
gold
cash
+
568
-'O'Vi
stock—:
ser. I, due
.
'
stock——/—Jan
pfd.
$1.50
Corp.,
Co., 5%
Mat.
^
,
4V4%
debentures due 1966——u———_Dec 2t
2516
^:+v lst mtge. .bonds, 4% series due 1970——/./.Dec 21 +-%2516
Kansas City Southern Ry. 3% secured notes due 1946- A • +
i i>
c>+7,835
-I- 945
agricultural
and
industrial,
Commercial,
62,057
13,270
i
i
»v
1, '46
Dec
preference
conv.
3%% series due 1956
$
$
$
Assets-
Loans—total
R.
F.
for
995
17,110,565
—
1944
846,795
*/•'
24
First mortgage 314%
Iowa
1944
1945
1945
Nov. 29,
21,
1945
Dec
'
A
;
2142
;
-1/.—_Jan
:
414%
Corp.
cumulative
International
Nov. 22,
Nov. 14,
21,
A
a
,
-f;V *
28
.
.
1966—
A
414%
Die
Field
Illinois Consol.
-due :1966
Decrease (—) Since
Nov.
due
;
;
Tap &
Aircraft
;v
( +) or
(—) Since-
series,
series
Co.,
(Daniel)
Oil
Increase (+) or
-Decrease
1387
r;■;..•+>
Indiana Associated Telephone Corp.—7
of dollars)
'
1883
stock.'-.Jan. 1, '46
pfd.
t-v-.
Ry. gen. mtge. 3'4s.
Howa-d
Deposits credited to domestic banks declined in nearly
all districts, a total decrease'of $184,000,000.
A summary of the assets and liabilities of reporting
member banks follows:
i
"
dollars)
.^.V1762
15
Co.—
;
Capwell
Greenfield
■
thousands
stock,—Dec
334%
.658300*
.562900*
"
2009
7
mtge. 5s due 1951^:——Any time I 2142
collat. ir. bonds due I960
Jan"
1
2142
3'4%
stock,
Houston
(In
5%
31
414%'Yen. mtge. gold bpnds, series, E, due 1977—Julv 1,'47
gen, mtge. bond bonds, series I, due 1967—Jan. 1.'46
r;
.562900*
(In millions
pfd.
conv.
& Page'/vV
Data
i—_Dec
dvnds—Dec.
1st
414%
Harrls-Seybold-Potter
12 Federal
Co.
Electric
&
Trailer
—.
Statement of Condition of the
cumul.
bonds,
mortgage bonds,
Great
4.005000
■'A
V658300*
.562900*
.658300*
•.
.562900*
.
V
bonds, series "H—Dec 20
>4%
334%
&
preferred
Fruehauf
3.227000
'•
Noncontrolled
!v
1932
:v+
::
4%
Pacific Ry.
Emporium
.905000
'■+
'
4.005000^".
;
l.';/
v
.909090
•"
3.227000
:
3.227000
4.005000
■'
:;'w
15
Cuban Telep. Co. 5% 1st mtge. conv. bonds due 1951—Jan"
Eastern Car Co., Ltd., 6% 1st mtge. bonds, due 1952
Jan
Eastern Massachusetts Street Ry. gen. mtge. bonds due
.379327
-
.905000
.905416
3.227000
4.005000
3.227000
4.005000
Africa, pound—.
Uruguay, peso—
Controlled
'•
preferred stock
Corp.. cori. trust
Service
Co..
1962
.905416
.905625
.V.k-
due
due 195.9-^Dec
debs.,
conv,
.
.
^
20
$5
.205780
.909090
Cork
Cincinnati
.301215
.206780
'
.
20
.020181
,
.301215
.379387
.:
.
.909090
——
of South
;
.020183...
:
.205780
..909090
-
-5
debentures
series I—Dec
4.033750
.3012J.5
Utilities
Canadian
,
4.033760
.020183
.
.205780
2/f 1+37932 7
.909090
Zeafariid, pound
Union
.020181
.205780
•'...379327
—
dollar—
Official
1960__Dec
due
2312
1
5%
Colortype Co.,
First mortgage
Butte
.569800*
.569800*A -v
-
■
,
4.033750
.301215
'
.205780
——
Netherlands, guilder
Newfoundland,
3 Va %
23111
-
1
First mortgage 3%
bonds, series J_.
Dec
Buffalo, Niagara & Eastern Power Corp. $1.50 pfd. stk._Dec
..-
.907500
.569800*
1
.
.
Jan
debentures
America
Newspaper Union 6%
First mortgage 3
.909090
.907968
+.
4.033750
.020176
t
.301215
.90909(i"
.907500*
.569800* ;
.
...301215
.020176
franc—,—————f~—
(British), rupee—_—
France,
Mexico,
.569800*
4.033750
4.033750
pound sterling—
England,
A
.569800*
——
.
convertible
of
Co.
Birmingham & Coast RR.
Bridgeport Hydraulic Co.—
.051802*
.909090
.908125
.907890
.908125
c c^-r
peso,
4*4%
Atlanta,
.060602*
;
.060602*
..051802*
.909090
.909090
due
-.2519j+a'.'
Dec 27
Armstrong
'.022845
.060602*
.
.051802*
-.:.909090 7
-
—
Colombia,
Inc.
Biscuit
American
3.214113
.051802*
.060602*
•
.
.051802*
:•
Official
debentures
•
American
.297733*
.251247?.:
.
•
Canada, dollar—
,5s, ser. A, 1957—Janbonds, 1952—_Feb
5%
2'/s %
Company and Issue—
g
.297733* "
:
3.214113
.022835
1 '
.
mtge.
mtge.
_—»—
Textron,
—
Free,
1st
1st
15-year
1
..
A':; :•;£
A $
.297733*
.251247*
.297733*
.251247*
Australia, pound
Belgium, franc-
Co.
Corp.
1954
Western
'
Free—
New
•
$
.
.297733^
Official
India
Money
Gas ,Co.
&
Power
Oil
;; ENTIRE ISSUER CALLED
v,/
Argentina, peso—
River
1955
in United States
Value
Unit
Country and Monetary
Water
Salmon
Buying Rate for Cable Transfers in New York
Noon
Brazil,
Peoples
Page
series F,
—__Jan
Shelly Union
1945, INCLUSIVE
29,
bonds,
1985
due
of the Tariff Act of 1930, the Federal Reserve Bank is now cer¬
the Treasury the buying rate for cable transfers in the different countries of the
for the week just passed.
CERTIFIED BY FEDERAL RESERVE BANK TO TREASURY UNDER TARIFF ACT OF 1930
yr,
NOV.
Dace
Pennsylvania RR. gen. mtge. 3*4%
requirements of Section 522
Pursuant to the
tifying daily to the Secretary of
world
We give below a record
"FOREIGN
FOREIGN
j
Foreign Exchange Rales
t-'2
11-30
30C
1-2
40c
1-
11-30
11-36
2
,
Volume 162 : Number 4443
THE COMMERCIAL & FINANCIAL CHRONICLE
•
■
When
Per
\
Name of Company
Aetna-Standard
5%-
Engineering,
preferred
Alabama
(quar.)
Southern
Great
Ordinary
Central
Alles
&
&
Allied
Chemical
Allied
Stores
Inc
& Dye
Ailuminum
5%
preferred
Agricultural
Bank
•Year-end
6 %
k
2
Central
Vermont
6
Note
American
Export
American
Felt
12-31
,
12-18
12-20
1-
40c
7 :2
12-11
40C •
50/
'/
/
;
__
;
Co-./ com. (increased).
7-
(year
12-17
12-28
end)_i_2;^
Corp
h
■
.6%
preferred
(quar,)
1-
$1.50
,
'
American
Foreign Investing
_/_/___•__
-.Year-end
American
Class B
7%; preferred ; (quar.
American
Machine
)2
12-
(quar.)
12-
(
8
35c ;■ / 1- 2
25C
';'•• 1-; 2
•
?:
$1.75
V
Am'eriran
$1
National
Finance
•;:///■/////
Corp.—
Optical
Tissue
Mills
American
Anaconda
Wive
&
7%
Woolen
American
.American
Arkansas
Power
Cork
Armstrong
Arnold
Corp.
Oil
Associated
1st
$7
5%
,
Point
Refining
1-
2
Washer
12-24
-
4%
Lomb
&
Extra
'
Bell
12-15
11-30
12-29
12-15
.12-11
12-
1212-
2
12-30
Common
12-29
12-
12-
3-
Bishop
Oil
2
1-25
,
-
6%
12-
Blackstone
Blue
1-
2
A
$1
•'
.
12-
1
'
•
SOc, *
•„:
—2——2:,
Corp.
Mills
6%
class
Distillers,
convertible
Canada
Ltd.
5(4
Lines
Steamship
12-11
1-2:
12-
1-15
12-
1
2
12-20
1- 2
•
1-
$1.75
/
/ ' •.75C ': ;
2
12-15
;
'12-/5/
:
-
B
Class
Canadian
5%
1st
,
12-20/
12-
12-28
t50c
1-
t$1.25
(s-a)..
8
Ltd.,
Canners,
12-
////
'•
$2.10
12-15
127'Ac
Car
&
1-v
U5c
tlOc <
———
com.
2
:
2
1-2
12-10
1-10
v
J20c
(year-end)..
(quar.)—-
1:53 c
1-10
(quar.)—.
130c
1-
2
12-
>'•; 1- 2
130c
preferred (quar.)——
Foreign Investment Corp.—
....
...
-
(increased)—
15c
(quar.
:/
1-
;
5
1-
3-15
6-15
preferred
37'Ac
10-
0-10
end)
(year
DeLuxe
of Canada
Brewing
(quar.)
(Indiana)
12-17
t35c
12-10
1-15
pfd. "(s-a)__
2'Ac
"$2
12-31
12-15
(accum.)__
Fruehauf
1-.2
12-
3
3
*
12-15
12-
1
Manufacturing
Stock
dividend
Garfinckel
5Vn%
Gaylord
5V2%
12-14
(stock
dividend)
Investors
100%
12-24
(Julius)
100%
common
(quar.)
Container Corp.,
(quar.).
12-17
/
12-17
12-15
.
'11-30
12-15
II-30
25c
12-31
34 %c
—
common
12-31
12-15
25c
12-15
12-3
12-15
12-
12-28
12-10
■;
(quar.)..
(quar.)—..
preferred
30c
—
i-_—
& Co.,
preferred
(s-a)
Corp.
—:
General
Carpenter Steel Co.
Carter
(J.
W.)
Co.
(quar.)—
(interim)—
(quar.)—
Central. Electric & -Gag' Co,—•
Preferred.A .(initial "quar.)22
Products,
com<
-•••
1-
1$2
2—
-
2
12-13
12-14
15c
——
Ltd. 7(4. preferred
(accum.).—.
Catalin. Corporation of America (year-end)..
Catelli Food Products, Ltd., 5% pfd. (s-a—
Common
(year-end)'
^
Fibre
.
50c
Cas-sidy's
Central
1-15
150c
-2—
Electric
68 "A c
3
s
12-14
•
General
12-15
General
12-
6
American
Transportation......
Baking Co., common
preferred
(quar.)———
8%
12-
7
General
2
12-
3
Stock
;
12-20
12-
5
General
Candy
11-30
11-22
r
General
11-30
"11-22
;
General
Mills
$$1.75
-
1-
Box
Co.
15c
2-
$2
Instrument
;
62'Ac
—...
(quar. >
2Qc
137c
130c
,_59%c
12-31
25C
.1-3
(quar.——.2
General
12-
2
12-15
..
Corp.' (year
$5
12-
11-30
i?-21
11-30
preferred
(quar.).____——
./
37'Ac
1-
2
12-15
end)
...
:
Corp., new (initial).
preferred (quar.)__'_
Precision
Equipment Corp.—./.
General Railway Signal, common (year-end)
6%
preferred
(quar.
.
General Refractories
J
'
.//.."■•
•
(year-end)...
"
'
8
•
60c
12-15
/
.
12-
5
15c
1-
2
12-15
$1.25
1-
2
12-10
25c
$1
$1.50
12-15
1-2
1-
2
•
G%
1-18
12-21
5%
,
„
1
12-22
IY2C
...
dividend
40c
12-27
12-
1-
2
:
4
1-
2
1-15
$3
common
'-;125c
common..
(quar.)_.
—
12-10 '*•
•
•
7
7
12-10*
:
:
1-
2
12-13
1-
2
12-13:/';/./
12-15 «' ; 12;
1
1-15
'12-15
1-15
!-
>12-15
'
85c
12-24
■"•/*
(year-end)
12-10
2
12-10
1
12-15
2
12-15
12-21
.1-
25c
*
12-15
1-
$1.75
'
;
3
1-1
$1.12'A
/
/'/
.
12-15
12-
1-
30c
$1.75
$1.25
'A-
2
1-
•
50c
(quar.)
\
/
1-
15c
—
12-17
12-20
12-10
1-
100%
5
1-2
-
$1.50
(quar.).—
pfd.
12-
12-22
■:•/'/ 175c
1st pfd. (quar.)
(s-a)__
/:
v
12-14
12-15
1
12-12
12-
./■,:/
5
12-
1
11-24
$1.50
•'■-■ 1-
1
12-24
40c
1-
2
12-20
1-
2
$1.50
'
/
r
//
12-
4
12-10
,,12-10
12-
5
$1.18%
l'Ac
12-22
.12-
6
■;/•:/
12-22
12-
6
/•;//,;
/-_^-
40c
Co.
..
Co.
of
Virginia
Works
Corp.,
:
Cement
Red
$1.25
Gold
12-13
25c
12-12
11-30
12-12
11-30
12-12
11-30
12-12
11-30
12-12/
11-30
17'Ac
12-15
■-./•
(quar.) /:
12-
12-20
12-
5
12-31
12-10
t $ 1.75
12-31
12-10
37'Ac
$1.50
750
-
40c
-
(interim)
—
"/'/•',
12-20
1-
2
12-10
14c
12-22
12-
20c
12-21
12-26
12-
12-
HH
-
•
.
12-11
20%
dividend) iiil-ii—.
Marine^:/
American
11-30
paitic.
—
Mines,
12-11
12—15
/
12-11
12-21
lc
1—_
.12-21
75c
—
'/
8
50c
1$1
/■.;
(quar.)__ ///,
(stock
International
Communication
25c
25c
87'Ac
pfd.
•//':
/12-13
///i.jiik.—
Brothers
Mandel
11-30
12-27
12-27
—-—,•_/./
Inc.
12-12
50C
-
(initial)
Co.
Car
Magor
Lake
12-15
37'Ac
(R. H.)
Medsen
2
/-
11-26
1-
,
11-26
1
'
_—
(year-end)
Co. (quar.)
11-30
12-
'-:///• 50c
(quar.)
(quar.)
Co.
Publications,
12-14
31'Ac
—
Royalty
12-10
12-22
(year-end)
com.
:
12-15
12-12
31'Ac
——...—...
Theatres,
2
$2
V
•*;:/:/;
(quar.)..
(Marcus)
1-
12-20
12-22
75c
,
(quar. )___—_„
common
•
50c
30c
—
preferred
12-10
—
preferred (quar.)..———...
:Macy
3
12-22
Co.
•_—
Macfadden
/
3
12-
11-30
t$1.50
(s-a)___._
(extra )_•_
-Z
Star
12-
12-11
Az:/t$r
(quar.)
Leather Co. (year-end).
preferred
12-20
12-28
55c
(year-end)____
Investment
Steel
12-20
$1.50
(year-end)
5
;
8
\
•
14'Ac
deposit.;!r"eceipts
3
1
CO
.
Ltd.J/_liI.jILU//..A/'.y- wvzc
Maritime Telegraph & Telephone • Co./
7-%
,
(quar.)
preferred
Marshall
Field
&
(quar.)
Co.
(increased)
12-15
-
"
Extra
Canadian
:
11-24
5
1-2 /:
30c
,
Ltd.,
5%
Inc.
Co.
Service
Marconi
12-22
$1.65
end)
(year
&
(A. C.)
Comiron
Galvin
•//
/
12-3
1-15
175C
•v
Trailer
Ekmdamental
12-
$1.03 'A
——..—X——
Year-end
Lusk
V
75c
Loan
Locomotive
6%
Lone
12-15
Steel
•
Pulp & Paper
Insurance
7%
12-15
7-
Pressed
12-15
15c
/;
/
;
&
Loew's
12-15
.
4-
(quar.)—
1-1
:
12-13
(s-a).___
Chemical,
preferred (quar.)
Lindsay Light & Chemical 7%
Lion Match Co.
(year-end)—
11-30
12-
1-
37'Ac
-
•12-24
7%
./■ 12-24
1-
/.
/?
'
;
12-10
•12-13
$1.50
preferred (quar.
Electric
Extra
12-15
50c
(quar.)..
&
Extra
12-15
25c
(quar.)
2
1-
75c
—
Fox St. Louis Properties, $3 pfd.
'
:
—
12-15
12-15
1-
7
7
12-20
(year-end)__-
Power,
Co.
John
Lincoln
8
37'Ac
Fox
;/
•12-21
preference
(quar.)
4c
'./',.k/75c."
12-
12-
12-24
(quar.)__k.._._ OO
Year-end
12-15
2
37'Ac
preferred
Foundation Co.
12-21
Canadian
Common
1-
preferred;.(quar.)_._—
12-10
12-10:
Cottons, Ltd., common
participating
12-
12-20
50c
—_
(quar.)
-
preferred
:
Steel
St.
Lima
8
"
12-10
1-2
tl5c
6%
12-10
2
1-
t25c
i5c
1-
12-
.
(quar.)—
Foundry,
./
'
6%
Fostoria
'
(quar.).
:
15c
40c'.
Electric
Life
12-22
2
6%
11-30
..._L__^——u
2
preference
Participating
i...:
Canadian
1:25c
50c
-
''/-'A
1
12i*21
■
•""•/ 20c
;
________
t.\
12-
/.
12-21
75c
t$l
Wilkes-Barre Corp. (quar.).
Co., 5% pfd. (Initial)..
Liberty Aircraft Products $1.25 pfd. (quar.)
•11-30
1.
12-10
60c
$1.50
;
Leland
12-10
12-15
12-10
25c
—_
(year-end)..
common
Extra '
6%
11-30
preference .(quar.k.i.———
conv.
Canadian
12-15
12-20
50c
-/;.
1
(quar.)
preferred
(quar.).
Lehigh
8
;/>.
Wallace^ $3 class A
prior
12- 8
12-
2
Field)
(Los Angeles)
Dairies, common
preferred (quar.)
6%
6
$$1
—
common
J
Marshall
//'Foremost
12-10
2
—
(quar.)
(quar:)22———
Paiticipating
$0c
/
class A
& Cable,
12-10
$1.32 //1-/1':'/ "12-15* //Foster-Wheeler
Corp.,
50c
12-10
.1- 2
5c
(s-al—...
Forbes &
.
Canada Wire
12-20
Firestone Tire & Rubber..-i/
6%•
$■
10c
/
7
12-
Telephone Corp., common.—
preferred (quar.)
Lawrence
12-20
Street Stores
Co.
Latrobe
'
Financial Industrial Fund
;;
-••■/I- 2
1-10
;
.
(see
Fifth
12-10
1-. 2
12-15
$1.50
Field
6%
Machine
Landis Machine
8
10c
s.10c
Extra
12-10
12-
1- 2
'.//.. 25c
12-
12-10
/,:/:■
_/'//
••
(s-a)__¥_._._
City Public Service, com.
Lambton
12-1
37'Ac
Works, (s-a)—
12-22 '•
Crosse
6%
12-10
12-14
37'/2c
Fidelity & Guaranty Fire Corp.; (Bait., Md.)
Fiduciary Trust Co." (N. Y.)
(quar.)—._
/
,/ 14:2?
...
Extra
Screw
La
Lake
(initial).—
(quar.).:—
:
25c
/i: / 30c
—
preference
Koppitz-Melchers,
5
(quar.)--/—
Truck
8
....—...—
Telephone, 6%
Electric
12-
12-15
1-
12-
"C"
Lamson
Laclede
(quar.).:
3
12-.8
12-20
Keyes Fibre Co, $6 preferred (accum.)
6% prior preferred (quar.)—
I
:
Koppers Co., Inc., common (quar.)_____
'
43A% cumulative preferred (quar.)____.—
I-5
preferred A
new
12-20
12-20
preferred (s-a)__
12-22
2
preferred
Motor
Federal
11-28
12-22
convertible
2
35c
———
Year-end
/.
l-~5
1-15
20C
common.,
1-
40c
20c
&
Kansas
"
Corp.,
12-20
/////, 2c
1-15
20c
2
25c !
1- 2
1-
1-
-
Jamestown
Jones
•
12- 5 ;
65c
——
Manufacturing Co.,
12-20
12-10
.
:
Federal
•/
11-20
1-
12-15
25c
5
//: 50c;
Extra ■
r
12-15
15c
—„
Fedders
:
12-31
50c
Corporation
$1.50 convertible
.
5
25C
.
/
12-22
'.:•
$1.50"
/;
(quar.).
pfd.
-
.
$1.25
2 /-..
Machinery Corp.,
Canada
$25c
(reduced)
Copper
12-14
12-21
11-29
30c
v
1-
(year-end)
Irving (John) Shoe Corp. (stock dividend).
Irving Trust Co. (N. Y.)- (quar.)_-,.__
•
:
-/
Finance
convertible
Investors Fund
11-29
;
1-16
end)_k./ ;::s''/'
(year
pfd.
Investment Foundation,
.t;
•"(12-17
12-10
25c
Co._—
$1.50
12-14
1-
2
12-10
25c
40c
1
133.50
•
Kaynee Co., 7%
56'Ac
8
12-
•/
International Silver Co., common (year-end)
$2
7% preferred (quar.)
,V.'
$1-75
/■'•"
Investment Corp. of Philadelphia.
$1
Kendall
(quar,)
Plantation
Family
j>..
5
A.
Co.
(quar.)
8
preferred
8
12-
12-29
/-
Plantation
Corp
12-
4'A%
12-
12-31
12-14
5%
v'.'
12-26
50c
116c
12-29
Kansas
1-
50c
;;
3
12-28
12-15
;
32-
/;,',
Minerals
preferred
12-15
62'Ac
2
;/
2
1-
$1
4%
12-17
.
12-10
1-
125c
12-14
2
/'./•: ,25c
8
12-
Iron
12-
(quar.)
Ex-Cell-O
12-14
$25o
f.-••
preferred
prior
2
12-31
12-29
50c
—
„
Q-
35c
11.-30
1
8
12-
12-21
$1
•
1212-
2
1-2 '
$1.75"
_V-~—-—~
(quar.)
Co.,
1-
'
(quar.)—
Sugar
12-15
$1
$1.75
/"
Michigan Electric—
12-17
Co.—.
preferred
Ewa
12-14
.
Mfg
com.
&
12-24
...
V
43 %c
/:
;
—
/
Mortgage Corp.
25c
—_
;>//:
12-28
II-30
12-24
Erie
$1.25
Extra
11-24
//.l-;2',:
//ao©/
:/;$i.25
(quar.),—
(year-end)
Consol.
Eversharp,. Inc. -
;
>?:5%
6
12-6
•
1
12-24
1-
1
12-15
•; 100%
,
—L '
common
Co.
(quar.)
-
Inc.—
(s-a)
(year^end)
(quar;
Capwell.
&
75c
■f 1- 2
$1.50. / 12-29
j._
FairbanksCo.
common........
California Water Service
Hecla
12-11
12-
50C
.
12-
11-30
12-12
$1.75
(quar.)..
■•■/;•'"■
12-
8
International Paper Co., 5%
$1.25
pfd. (quar.)__
/. International Salt Co.
(year-end)—____/ ///// $1
11-30
.
11-26
1
12-21
12-15
$4
.
(s-a)..—.
Drug class A
Emporium
1
12-12
2
12-10
$1.25
.
Radio & PJbonograph Corp.—<•
Year-end ••• /'./•
; y;
5
12-12
•
1-2
12-10
;
$1
:,
Power Co.—
Electric
12-
5
60c
(year-end)
(year-end).
(vear-end)
Fund
B
Electric
12-
75c
(s-a)..
common
preferred
1-
$1.12'A
....
12-
12f
SOc
K12-15
X- 2?
12-31
20c
(year-end )....
(accum.)./
preferred
Manufacturing
International
12-15
Emerson
12-18
•;
12-31
12-15
12-22
12-22
,
Inspec-
(quar.)'
Oil (Texas), 6%
preferred (accum.
6%
end).
prior pfd.
Watch
Company,
Emerson
■
Ltd.—
B'jcyrus-Erie
Co.,' common
(year-end)...,2
7 Ye
preferred
(quar.) —-.--.2—2-2"—
Bush
Terminal Bldgs. 7(4
pfd. (accum.)
California Cotton Mills
12-22
25C
-15C
Pulp & Paper (quar.) _.i.—
Telegraph & Messenger (quar.):...-,
prior
pfd." (quar.)
& Sharpe Manufacturing
12-
-
1-2
12-15
:3!y«6
r.—
National
Class
12-14
'
Bridgeport Gas Light
(quar.) ^...2,^.—;
Briggc Manufacturing Co. (quar.)..^...2—22
Eritisih-AmeriRBn
Oil Co., Ltd.
(quar.)....
Brown
12-20
$3
(s-a)/
A—.....k—
Paper $3.50 pfd.
5%
>'
"
12- A
2
40c
pfd.
t$1.50
preferred (quar.).-—.-—.
15c
Bridgeport Brass Co.. - common.'—_
5 Va 7r
coilv. preferred (quar.)
—_—.7 $1.37'A
Brov.'u-Forman
1-
60c
/'■
(quar.).......*.—
Hose & Rubber
^
11-27
-
Balanced
prior preferred
Elliott
12-10
1
12-18
Association
How«rd
Elgin
11-24
/
& 1- 2
75c
(year
&
4(4% preferred
"
12-6
50c
$1.25
1- 2
1-15
30c
25c
./
12-1
; $1.12'A
—
Iron
12-22
i_———
Statler
Interlake
2
2
$7
Ingersoll-Rand
/* 12-15
1-
'
12-22
2
—_______—
(quar.)
Indianapolis Power & Light
/
12-15
A-
(quar.)
6%
1-
2"
12-21
?!;'
1-
2
(accum.).
Ferries
1-
;
12-28
/
1-15
75c
$1.75
Howard Stock Fund
T 6%
1-15
$1
&
Eaton
1-15
75c
Q::
12-28
$1.75
2
1-
preferred/—"
(quar.)
Co.
Company
Indiana
5
1-15
__it
&
Electric
12-
12-10
——
Furnace
Hutchinson
;i
11-24
•
2
t$1.25
(quar.)
1-
(year-end)—
7%
preferred
Huron
■
,
Associates—
Fuel
Malleable
Emerson
12-
•:
75c
(quar.)....
r^-----;-2_—^2-2
1
:'$i
10c
Brass
/
1
12-10
(year-end)
Eaton
s
12-
(quar.) —
(quar.)
common
Eaton
/
50c
20c
1-
'
8
12-15//'/;.
15c
(Karvey) Inc.: (quar,)
/./_/,
Humphreys Manufacturing Co., jcummon....
V;
6% preferred (quar.)—
11-24
135c
12-
5 /,
$1.25
/ Hubbell
12-17
1
t$1.75
Ltd
Co,
Dairy Co.,
6%
7
3
(quar.
Racing
12-
:
12-8
1-
12-29
$1.75
common
Houston
5
1-
;
,
Steel,
common
&
I-
12-
(quar.)...'—
preferred
Eastern
V
1
11-24
12-21
i
6(4.
&
%
Eastern
Electric—
Corp..2—
'year-end
12-1
40c
(quar.).i-——---2
(s-a»_—
&
1
$1.50
2——..—2-.__
&
:
2»Ac
.
(quar.)
commonj:
Gas
2'AC
;
——-.-5/
12-
.
&
Co.,
Year-end
5
25c
4'/a% pfd. (quar.)
Texas-Sulphur (year-end).
1
12-
,
12-21
12-20
25c
25% "*
—
(accum.)...
Corp.,
Renfrew,
Hotels
;
11-30
25c
25c
■'
$1.25
(quar.)..
Powder
Hoskins
.
>11-30
1-19
—
(quar.)_.i//
Gas
12-
12-15
12-15
11-30
(quar.)
Publications,
(George W.)
80c
12-20
12-15
35c
35c
3
12-15
...
Year-end
11-20
$1.06'A
3
11-30
$1.10
(stock dividend)__—....—
preferred
Hoover
,12-15
.
1212-
11'Ac
/
1
25c
(quar.)—
Corp.
Home
12-
5
11-30
12-27
12-27
"
Insurance
Holt
1
1-
12-13
"*
$50
Hollinger Consol. Gold Mines
12-15
*
.12-10
r——
preferred A
/ Holland
12-10
•
12-29
Hinde & Dauch Paper (Canada)
12-20
12-?0
12-31
15c
:•>•■'
(year-end)
Boiler
12-20
?
'
$1.06 »A
(quar.)..
12-14
12-26
.
$1.25
common-..-.-.../
comqaon
(quar.
preferred
'i'-*'4VS
•
—.....—-
25c
12-
Mahonoy* RR. (s»)43J——!
6%
12-26
"
12-10
12-29
TV
.';
preferred
Corp;
11-23
2
1
2
50c
:
12-17 *
Y.-( extra)
Bradstreet
Eastern
!•
Cement—
Bourjois, Inc.
(year-end)—_——
Biager-Eisenberg,- Inc. (quar.)
Brazilian Traction Light & Power Co,.,
5'A Yc
East
7
*
preferred /(quar.) —--.22
Brook Water.
—222^.-—...
Calumet
12-10
12-
Sc
Duval
12-10
12-16
Worsted
California
Dun
12-15
12-16
Botanv
$5
?
12-15
1-
8
12-
1-
;•
'
10c
common..
7%
Steel
Hickolc Oil
2
$1.50
/
Gas
Steam
Hercules
2
10c
8
12-
__.__._k__
Consolidated
> Helme
8
1-
12-10
12-
12-15
•/
35c
(extra.)
7%
/•: 1-
///./$!/
1st pfd
Co.,
preferred
12-
/
12-10
12l/2c
Power Co.,
7%
/.
12-10
1-
.
50c
-
12-15
Woven
Brooklyn
12-15
12-31
Boston
Brompton
12-14
12-20
12-17
I5c
(quar.)..—
preferred
Co.,
preferred
12-14
125c
(quar.)
tion
7%
12-14
12-24
//^•Sl/
—
12-15
15c
(quar.)
!
preferred (quar.).
Hazeltine
k.
.
Duke
8
12-24
25c
;/
pfd.
v.',v
Hearst
12-24
$1.25
Chemical,
Chemical
i.*'--/ $4
12-
2nd
Hartford
8
50C
—
Draper Corp.
1- 2 /•
1-2":
•
85c
■■■•
——
Cream*
?'
2 v
2 V..
1-
$1.06 »A
x
5/
1-2 '
,35C/
7%
/
12-
25c
end)—.
(year
7
1
10c
preferred
5%
12-10
12-24
25C
w—
Ice
12-21
:
/
12-
12-
10c
(quar.)'./..^
Printing
12-22
12-27
12-21
10c
—...... —.—
Harrlsburg
Harrisburg
1
15c
Corp....-
prelerred
v
8
12-15
Borg-Warner, Corp.
Bound
2
—
;
12-
75c '
Valley
Co.
Steel
11-30
25c
Aluminum
Borden
1-
12-
——1—
Glass
Dow
11-30
V
12-15
2
75c
.
62'Ac
(quar.)
dividend
5%
■'
12-20
I- 2
/.
-
1-
v
.
...;
'
12-20
•
11-26
OH Corp_____.._._
(W. F.)
Stock
7
50c
Class A (quar.)—
8%-pfd. (quar ) —
Foundries
'
25c
.
/
12-22
(quar.)
12"
;;
2 •"
2-25
1
•
25c
Extra
•
11-30
Co.,
Diamond
$-1.25
2 /
12-20
1-15
preferred
Bohn
2
1-
•'
50c
12-15
Decker Mfg. Co.
&
6%
1-
$1.75
Doernbecker Manufacturing,.
12-10
12-20:
25c
(quar.) .J—W-.-—
11-30
:>
1
Income
Harnischfeger Corp.,
12-17
12-18
1
3-
arrears.
(quar.).,
Extra
12-17
7
62 '/2c
(year-end)
Manganese
Year-end
■//_/ ;•
1-7
\
/
J ',/•>,25c
i_ -
Hall
'
2
1-
clears all
payment
Varnish
2
2-25
3-
12-
Shares, class A__
/Gulf States Utilities Co., $4.40 pfd; (quar.).
/ 1-28
12-15
25c
A---..../.—-.
& Alm>
$4.25
Dixie
•
5
10c
preferred
Black
>
ioc
:
(quar.)_k__—:>
—
1
$2
Corporation
(year end).
1 Oil Corp.-^...__'____._
Grouped
'
///;;"
(quar.
Petroleum
Dominion
$8'-"
*
i-/,
Extra'-—2...—-^———
Elack-Clawson
•
12-28
2-7:1/
12-17
$$2
Co.
Publishing
Diamond T Motor Car Co.
/
$1
Co..
2
2-
/'•-1- 2
10c
(quar.)
Tramway Corp.
Class
'
7
$2.50
/'
&
1-
12-15
30c
Pa.).:—
_____—
preferred
-.
Detroit
'
7
12-29.
$2.50.
common..^.2.-^,^.
end) ;
7
'
v
Long Hook & Eye < quar;) j.-—r.
Dewey
.
/:
(quar.)
Detroit-Michigan Stove Co.
/
.
(quar.)...—i.2-
(year
5
12-
25c
& Michigan RR.,
Denver
,
(quar.)u_..__-_._-_2r.
Manufacturing
12-
&
Dentist's Supply Co. of N.
,
12-10
Industries.......
Limetsone
Bessemer
Binks
7
43 %c
—
Fibre Co.u...
Machine—
Diamond
Central
Extra
12-1
12-15
$1.50
—
com.
12-
10c
common....
(Reading,
12-21
$1.25 %-i
De Witt Hotel (year-end
1
Malleable
Harbor
Corp.,
7
$1*
(quar. >
Co.
12-
2
11-15
$12.50
No.
/Group No.
12-21 /
1
;
Grinnell
1-
12-
$2.50
Valley
Group
,
12-29
12-10
1
....
________—.—
12-29
•:
12-10
2-
Co.—
Extra
15c
*
7
12-30
$1.19
(quar.)..^—
Co.
Steel
1-15
1-15
1-25
12-22
lc
Greening (B.) Wire (initial quar.)..
Greyhound Corp. com.
(quar.)
4'A%
pfd.
(quar.)
12-21
1- 2
'
25c
(accum. )_^..._.
Brewing Co
Grayson Shops, Inc., common
30c
(year-end)
Power
5
$5c
410c
■
—
y Delaware Power & Light,'4%
7
..12-17 /
J20c
of Canada
Telephone
Benton
1
12-1 V
12 '/2c
______
$1.75
V
(s-a)—
&
De
12-15
50c
-
.
.■_/'
._k
RR.
Creek
12-14
/
15c
.
(Ilarllorc); (;v.ar;)
(quar.)
Co.,
preferred
$4.25
Beech
12-24
Dejay Stores, Inc.
35c
kU/
(quar.)2.-2_"—
Creamery
50C /
/
12-15
(quar.)
Optical,
preferred
-
Beatrice
(year-end)-,.
(quar.)^^..,—A—
—
12-15
;
'
Bausch
8
--rr-TrrV"—
Dayton
12-15
(year-erdi-.22^-^—2
Co,
Asphalt Corp.
Barber
12-
Dayton Malleable Iron——
12-26
40c
Wilcox
12-18
12-10*
1- 2
12-26
Extra
&
25c
Dominion
Automobile Insurance Co.
Babcock
7
David & Frere, Ltd.,
c
12-15
$»
(liquidating—•—...
Co. -•(inli.s^A---.22222
Forge
Drop
Automatic
1
7
common
12-10
$1.25
(s-a)
Fisheries
Gorton-Pew
12-
Cuban-American
12-10
-
Atlas
12-1
r
above
12-
Extra/-...—•——
12-10
1-10
25C
Fe Ry.
pfd. "A
4
1-
The
5
12-15
12-20
(quar.)__
common
preferred
12-
Company - (quar.)--———— '
Crown
'
Co.—
convertible
4%'
12-
3
12-
12-20
12-29
25c
preferred
12-12
Extra-
k
11-26
12-20
-
...
Crane
//
12-24
1
25c
6%
RR.-..
12-
;
12-15
...
(quar.)__
preferred
12-14
6c Co.,
Crowell-Collier
8
2
$1.25
Co., com. /
—1
(s-a)
West
&
12-
112-
>
$1.50
(accum.)—:
& Santa
preferred
Atlanta
12-31
VaC,
30C
—
preferred
12-14
1st
12-14
Petroleum Corp., 5% /pfd. (accum.»_
Inc..' (year-end)--..•
Coty,
.
25cv
_k__k_.
junior
Co.; (quar.)..
Gas
prior
v
•
7
$1.75
&
Atchison, Topeka
Atlantic
12-14
$1.75
__/
end)
2nd
$5
4
20c
/ Cosden
"12-6
t40c
^_r._.2_i---;.
Rclining 4(4%. pfd. (quar.)
./ $1.06 'A
2 $1.02
Tel. & Tel. $6 1st. pfd. (accum.)
Extra
Ashland
12-20
(; 1-15
.
25c
Corp.—.—.2—...
(quar.)
7%
12-15
2
12-
,
pfd. (quar)
end).'...—.__.--.2_
(year
Constable
Asbestos-
1-
12- 1 "
37
(accumi..
(year
5%
12-1
30c
preferred'
Common
12-27
Co. 2.^.w-.2i—
Missouri
5
12-28
Inc.k.
Arkansas Natural Gas Corp.
1-
50c
i—_.-.__.x2_._
Apex Electric Mfg. Co.. common
,k-.
7% prior preferred (quftr.L-2*_..—
Ape*' Smelting
5%
12-
12-15
$1.25
Continental. Foundry
-
$1.75
2-
(quar.)—..._
preferred
Wringer Co.,
1-15
$12:
:
v
7%
Cable
11-30
12-14
12-15
Grand Rapids
—---
Continental
5
$1,121/2
pfd. (quar.)
Tobacco
Co.
6%
pfd;: (quar.) __/:
Turf Association (year-end)__—
American
1
1-
25c 1
■
.2——_.k_—-
Stamping
States. Insurance
American
12-
1-15
40c
—
American
12-15
7-
Co. (quar.>_
American Republics Corp..—
•____
American Roiling
Mill, 4Mt%
pfd. <quari)
American Smelting & Refining Co.—
Common
(year-end
7% 1st preferred (quar.
American
50c
35C
.
2
.News
American
6c
'
preferred-—
Co.
(bi-monthly).^—22—
Extra,v___/_v/k'.—;
J
___/__k.-/kkkky;
non-cum.
American
Globe
Grand
Solvents
Consumers
11-23
12-1
preferred
'"Consolidated
12-10*
1
2
21'Ac
:
...
Tool—....
Ltd.. (year-end
Rutgei^ Fire Insurance
12-20
Connecticut .Light
12-10
12-
(quar.)
Machine
Safety Razor,
preferred
8
> Consolidated Coppermines Corp...
w—
Consolidated Edison (N. Y.), $5 pfd. (quar.)
12-10*
Oil,
12-15
1-
•Extra'
/, $5
12-12
Year-end
12-10*
Globe
50c'
.
K Commercial
11-30
12-31
-?5C
;
5
11-26
25c
(interim).
com.
Commercial Alcohols, Ltd,, common—
;
8% preferred (quar.)__l^__
....
•-
11-30
1-2 "
$1,752:
2
:
—.w--
7
8
$1.25
,"
i~A
,
Metals
&
11-21
1
30c
(s-a)...^..—A;
Mfg.^__——
Bronze,
(quar.)..^..,......^...^.^--
Chemical
7%
•
11-21'A
12-
50c
..
common.;.-2.
Co.,
12-15
2
12-
Gillette
•
15c
Molydenum i_—
Cluett- Peabqdy
•■¥:
12-15
10c
—,
Locomotive
12-5
1
12-12
20c
(quar.).,
Graphite
preferred
Clorox
v
/
1
1
12-
12-24
2
$1.12'/a
(quar.)
common
Lewis
35c:
Extra
12-. 1
$2.25
_________
Corp., com.- (year-end)///
Locker Co., class A
(quar.).—k__(year-end) .22
American
5%
Climax
'
Insulator
American
;«•
>:
12-19
12-
12-15
20c
.
—
Railway_'_jr_u.---._wr.-—
Lambert
&
12-15
$3.50
of Reo.
$1.25
(quar.)/./...*./
1-
35c
Prodlucts,
preferred
4Ya%
Gidding &
$1
'
—...—..
(extra);
Stamping
Cleveland
12-10
12-
Gerber
12-15
50c
—..
Machine
&
Street
Auto
Clayton
-
12-21.:;
26c-
(quar.).
/ City 61 Suburban. Homes Co.
12-10
12-142
.
City
12-10
1-
$1,50 2
•*
12-10
2 2
D- 2
2
25c:
/
common
Rivet
Company
Cincinnati
11-27*,.
Co.
Co.,
Chicago
:'
1- '3
12-212
20c
25c
/'
Mfg.
Extra
Chilton
Co.///.!:/>>
Chemical' :-(quar.)
/•l.
12-31
21
2-1
3
11-30
.
2
$2
Valve
Chicago Burlington & Quincy RR. (year-end)
/Chicago Dock 6c Canal (quar.)./..^-,,—.
7-
12-
1-
When
Payable
$1.50
Georgia Power, $5 preferred
$6 preferred
(quar.)___.
,
50c
Chapman
12-20
1
1- 2
quar.)kk__kkkkk___k//i:k__. /' :/• 75c
1-2
7%
$1.75'V
preferred (quar:):/. /
50c
•'.? 1- 2 2
Lines (quar;}kl//k__-.-_::_/:
<
Can
i
$$1.25;.
_kk.._-._
preferred
American
2
$1.50
12-15
3
12-
12-31
$1.03
—
Holder*
Per
12-
2
27c
com..
(quar.)___i___,—
1-
62'Ac
(quar.)_^_
Public Service Corp.,
preferred
J3c
Mines
7
2
1-
25c;.
-
12-
1-
2V2C 2
.
4.15%
12-7
22
1-
.
$1.50
7.
.
(quar.) .-.-kkU-C.
Manufacturing
Sugar
(quail?)
Amalgamated
American
,4
(quar.)..;—_
Goods
American
6
12-
Corp..___/_.i_i//i_k_/.::___: //
of Canada, Ltd.—'•'
-:v
if
Co.
Aluminum
_C
Corp.
12-
12-24
$1.75
.
(quar.)/_./___/
Equipment
Fisher,
Telephone Co., $2.50 pfd.
12-24 :
Gold
12-20
1-2
Share
Name of Company
rf Reo.
Puyaoie
10c
(year-end.
(quar.)——:—
$4.50
preferred (s-a) __—_•
t.—
Power, $7 preferred
(quar. );•_:__..
preferred (quar.)
Eiectric
Edison
Patricia
$4.50
_________
s6%
$0
States
Central
noiaert
wrier.
,
Share"
Name of Company
,
£ 22
'
'.f''"*)
Co.—
RR.
; y[
y
;.
Central
12-31
$1.25
Alabama
Allen
of Rea.
common:.
—
(s-a)
rer
Holder*
Payable
Share
r-
2679
12-20
117 y2c
1-15
12-20
30c
(-•—
1-15
1-31
1-15
(guar.)._
30c
4'A %
preferred
Maryland Drydock,
common—
—
7%
preferred
(quar.) —_z_k—i/Uk—_k-,_Mastic
Asphalt
Ltd.
Marven's
Mathieson
7%
Corp.
5%
12-15
12-18
18-
$1.75
5c
1$1.25
(quar.) ______
common (quar.)
25c
—
Conv.
preferred
Water
1
12-15
12-22
12-10
12-22
12-14
25c
12-20
12-10
10c
11-15
11-
...
(s-a)
*'
12-10
8- '
2
12-10
5c
12-15
11-30
37%>c
(quar.)
:
—:
(quar.)—.—
Co.
(Ontario)
12-17,
.12-
2
1-
12-28
/
Middle West Corp. __.____.l___—
Mid-West Refineries, common
(quar.)—___/""/'
Midland Loan & Savings Cc.
2
.
7
$1.75
(quar.)
———
$2.50 preferred
(quar.)
McCrory Stores Corp.
(quar.).——
Merchants
Fire
Ins.
(Denver)
(quar.)
Corp.
Middlesex
1-
12-15
4
02y2c
preferred
McCord
12-
12-31
37'Ac
/■/-'■
(quar.)—
preferred
Alkali-Works,
12-17
$1.06'A
(quar.)_—/—_—X—
"/
12-15
11-30
/
25c
1-
50c
2-
1
11-23
140c
1-
2
12-15
r
'V
•'
.
'
'
'
Name of Company
Minnesota Mining
New
(initial)
Mobile
&
pfd.
(s-at-_
1——
Mills
Monarch
Portland
Chemical
Monroe
Utilities
Montana-Dakota
1-
(quar.).——-—
Forging, common—;-—-—;.;;;■/
preferred
(quar.)
-——
Moore-McCormack
Lines,
common
(quar.)
, $2.50
conv.
preferred (quar)-.—-——Moore
Brass
(quar.)—.
Co.
Ohio
System
(F. E.)
Myers
Nash-Kelviaat.or Corp.
Biscuit
National
Breweries,
Ltd.,
Cash
'Extra A
—
Lead
National
Co.*
Extra
3
12-
3
1-
Clock
Co.
New
Haven
New
Haven
Water
New
.York
Auction
(s-a>
—
12-21
1-
5J-.ou
——~
Co
York
Corp..
Omnibus
City
(special)
Common
(quar.)—
preferred
convertible
$5
Spring
No-Sag
12-20
11-30
Fina'nce
Ccrp.-r
15c
12-15
'
■
Common
(year-end)
———--•••■
Northwestern Telegraph
Co.
•
.
(quar.)—._
S4
6 c/c
.
Omnibus Corp.,
87r
11-23
12-
4
12-
8
12-
8
12-22
12-22
<
II-30
6%
Debenture
hHV:.
Pacific
&
Brush
American
$5.50
1'
-
Pacific
Coast
Aggregates,
Inc.-
—
—,
Paraffine
Companies. Inc., com. (quar.)____ '
preferred (quar.—-
4%
Peerless
Casualty
Penney
■
(J. C.)
(N.
H.), 6%
pfd.
Edison,
$2.80
pfd.
>,
,
(quar.)
$6
5r/c
——
.1- 2
12-12
preferred
Full
Fashion
Pittsburgh
Pittsburgh
Pittsburgh
Pittsburgh
Mills,
Inc.
1-
25c
2 i\ 4
—
25c
12-20
12-
1-
12-
2
8
12-21
River
Co..
12-
&
Washington Insurance
(quar.)
..i———
—
Service
Co.
preferred
preferred
Quebec Power
(initial
Purina
6%
'
•?>
3%%-preferred
2
12-
12-20
1-
12-
12-24
12-
6
de
,
I"di«n
Oil
2
-
preferred
••
prior pfd.
(quar.)_
12-15
2-25
37V2C
•7
:
1-
2
Home
Ice
12-
American
Mvers,
(quar.)—
Brothers
.-12-31
U3
12-12
12-28
>12-17
American
12-23
12-17
Co.,
$1.35
Class A (quar )
(year-end)
Oil
—.
American
1-
2
12-
Texas
(Toronto),
Assur.
Westmoreland
Coal
Westmoreland,
Inc.
12-22
12-
12-28
12%
Trustees
12-20
(quar.)——
Co.
Steel
2
2
—_
2c
12-10
1212-
12-31
12-
5
60c
12-21
12-14*
37V2c
12-15
12-
67»
preferred
participating
preferred
(ouar.)
-
(accum.)
371/2C
12-15
12-
World
5
5
'
•"
12-
'
Zonite
pfd.
7%
3.
12- 1
-
12-12
11-29*
12-15
l-"2
11-14
$3
75c
12-15
32- 1
12r10
12-11
.12- 1*
11-29
62Vic
12-31
12-15*
50c
12-15
11-23
*1-75
$1.75
12-15
12-20
12-
12-28
11-23
11-19
„
—_
"H 50c
?0c
'.
.
:H
x
'
r
»
(quar.)
pfd.
Co.
of
Seating
(N.
Extra
the
State
of
Co.—
Co..——;u;
>
—
—
(quar.)
—
Tobacco
12-15
12-
8
12-
i
1 v
•
H
6%
preferred
Metal,
Ampco
Anaconda
12-
12-13
12-1
$11.50
12-31
12-10
1-. 2
$2.25
1-15
12-17
$1.37V2
12J/2C
12-31
12-20
$1.25
'
—
2-1-46
(quar.)
preferred
(quar.)
(quar.)—
Inc.
Copper
1-15
*
12-8
12-13
12- 5*
1
1-
12- 7
2
11-30*
1-11
$1.50 1-31-46
H-
(year-end)
10c
12-20
25c
12-19
20c
12-6
(quar.)._—$1
1-21
12-20
$1
12-10
Mining
(year-end)
Andes Copoer Mining (year-end)__
Angostura-Wuppcrmann (year-end)-'t'-x-H-
1-15
1-2
Hi- 2
(s-a)_-.;
prior
12-10
11-30
$1.25
(accum.)
Thermometer
convertible
$5
1-
12-10
2
12-15
-
77j.r.
Surety
"
1
12-10
1-2
25c
__
pfd.
(quar.)_
—
American Thread Co., 57a
preferred (s-a)„
American Zinc Lead & Smelting Co.—
.;
12-
11-30
1- 2
$1.75
(quar.)..
(quar.)
Telephone & Telegraph Co.
Co.
11-15
75c
pfd.
Corp,
;——
preferred
;t.
12-14
12-20
v'
V
$3
1
50c
X;;v!' 25c
Superpower Corp.—
American
11-23
7
50c
$3
">
12-15
$1.73
...
1
12-20
20c
—
(quar.)_
.
}
"
r
——
American
5
•'
100%
—
Foundries
Sumatra
10c
,
Y
*
11-30
.
,
—
American
12-
/
-
Co., common
Sugar Refining 77c
1st
$6
12-24
N.
Mill
——
American
J
Y.)—
—
Steel
American
•
approval
A
preferred
$3
(accum.)— H
Sanitary—
.
by the
the Superintendent
to
by
^ American Stores Co.
12-15
;
Insurance
American
11-3C
12-20
1-
2
1-
2
12-20
2-
1
2-
1
12-18
'
Anheuser-Busch,
Arcade
'
6%
12-21 ;
.
'
preferred
:
Investment
Products
Trust
Corp
—
(ctfs.
of
ben.
int.)
12-
1
,12-1
12-
4
11-23
12-24
———
2
Cork
Co.,
2
$3.75
pfd.
preferred
1-
2
*••12-
2
12-
Line Co.
Cogst
I.ine
7
1
57c
11-26
1-
2
..Aviation
12-10
Refining
Powder
Atlas
12-20
2
(Conn.)___„.
B/G
preferred
common
—
Foods, Inc
Locomotive
12-20
11-20
Baldwin
11-30
Bangor & Aroostook RR., 5%
12-17
12-17
This
.12-20"
12-10
—*
Works
pavment clears
all
•
11-15
12-10
1-
50c
2
12-10
12-31
$2.50
12-4
12-31
$1.25
,12- 4
1-2-46
$2
—_
-
i2-13
$1
12-13
11-15
12-12
12-
$2.50
11-15
1
12-12
12-
1
12-15
12-
5
$1
12-10
11-28
10c
12-20
11-23
1-2
12-15
12V2c
12-10
11-24
12-20
12-
5
12-
6
12-
6
37Vic
—.
.
,
preferred—
arrears
$1.25
57c
preferred (quar.)__
$1.25
7% pfd, (quar.) ,,.$1.75
6%'preferred (quar?)• $1.50
Bangor Hydro-Electric Co.,
«
12-3
12-21
75c
(year-end)__—
1
11-21
10c
7c
r,
2
•,
1
12-20
10c
.V
(s-a)
Co
Corporation,
Common
•
Co.
12-
$3
1-
1
1-2
10c
12-15
12-
12-15
•
(quar.)*———
12-
$1.77
-12-15
$1
50c
RR.
(year-end)
non-cumulative
Atlantic
12-in
12-
12-12
12-10
93%c
(Initial)——
Common
12-10
12-24
1
2
2
(year end)
Co._„__.—.
Atlantic Gulf & West Indies SS. Lines—
..
7
1-
Coast
Atlantic
11-30
12-
11-
(quar.)
—
A Refining
!—i-
Atlantic
12-15
12-10
12-10
$1.50
(accum.)
Investment Co., common (quar.)
5% preferred (quar.)—.——
—u
Atlanta Birmingham & Coast 57c pfd._——.
11-30
1-
12-15
1
$1.25
pfd.
prior
conv.
Associates
11-20
12-15
Oil
Extra
19.97
1
1-
y i "" 25d
$6
Equipment Corp., common
Ashland
12-12
112-
30c
15c
(quar.)
12-24
50c
" "
Co., common........
11-24
12-24
$3
i
Artloom Corp.
.1-12
12-15
$2.06
.
$1
(s-a)
convertible
47o
Aro
8
2
35c
Co.
Armstrong
1-18;
1
.
Edison
&
Armour
5
1-18
12-
preferred
$5 preferred
12-22
12^
Inc.
Brothers,- common..
Arizona
12-21
1-
$l.]2y2
—
Inc.—
particinating
2
12-14
;
60c
H
:
American
1">-15
12-15
of
American
71c
75c
;
common.——
—_—.——
—
1
12-20
Inc.,
Stores,
4l/a%
1
12-12
7i/„c
12-
1;
subject
Rolling
12-11
2-
45c
preferred
6%
preferred (quar.)—.
1—;
Winter & Hirsch, 7%
preferred (quar.)_„_,
Wisconsin Michigan Pwr., 4V2% pfd. (quar.)
Wisconsin Power & Light, 7 7o pfd
——IIIHI
—IIII— HI
Machine
Works——
Wieboldt
1
12-4
1-
(irreg.)
Delaware—
H; Class
•
1^-iq
12-iri
12-21
12-15
50c
12-20
■;
1-2
25c
75c
——
American
-
12-10
10%
,—
12-
1-10
of
7%
Re-Insurance
dividend
American Service
1-
75c
$1.25
—
Year-end
11 -15""
^
11-20
;
11-30
75c
ofd,
Standard
&
stockholders and
-
-
4
12-27
25c
conv.
12-10
*1.50
Stock
7
1-
$1
'
(quar.) ———:—.—
11-25
50c
11-20
12-15
(quar.)
Co.——
Radiator
Common
12- 8
1-
$$1.20
$2
paid (s-a)—
(Boston)—r_"
Corp., common (year-end)—
prior preferred (quar.)C;
White Motor Co. (stock dividend')—
8
12-15
$1.183i
(extra)———;.
Corp.
Paper Goods.
American
12-21
•
12-15
12-14
40c
—
11-16
^
prior
Meter
American
1
$1
Snowdrift Co.; Inc...;——_i— "■
Utilities, $6 preferred (quar.)—
&
1
12-
'12-20
Co.—H
non-cum.
American Public Service
6
l2f '5.:
25c
$1.50
Inc.—1-H_—-----—— —
Mills,
1
2
11-16
12-15
1- 3
30c
preferred (s-a)—
American Laundry Machinery Co.—
American Machine & Foundry
Americah Manufacturing Co.-rr
New common (initial)
•
12-11
'
$3.50
5c
3334C
62V2C
75c
(quar.)———1
12-
2
Insulator
Convertible
?
12-11
25c
—
preferred
1
$1.50
Leather—
Products
12-
$1.75
(quar.)._T„——-v
Co., 6%
12-1
25c
—-----
25c
-:———-—
gtd.
4C
$1.50
3
12-2 J
50c
25c ■/V.-Y 1- 2
(quar.'
—'
:—
RR.
12-
1-
1-2
12-15
1
$1.25'.V-12-1S;;;
vvH'v •
H.
—
(quar.)
-1
-
12-
2
$1.25
(year-end)-H—-—
common
1-
12Vic
—
1:
Electric,
convertible
American
3
1
'
5c
(s-a)__:
.6%
American
12-15
$1
75c ;:•% 1-31
1-31
$2.25
(quar.)—
Growers
25c
(quar.)_*
com.
Hoe, common;——-.
&
12-, 3
.
25c
—
12-20
1-15
50c
7c
(accum.)—
1-
5
Estate
1-
50c
J' '
11-30
&
12-10
50c
(s-a)—
Corp.
(year-end)——
$5
,'
12- 1
&
1-15
$1.62V2
Aircraft
Wheeling
;
(s-a)—-.——'
common
Hide
5
~
—
Gas
1 \
5\
Western
1
12-15
12-31
!• 2
preferred
5
(annually)!—"""—
Paper Co
Fruit
5
12-
Class C
8
12-31
12-10
American
12-
1.2-
Western'Real
12-
1
12-15H 12- 1
.'11-30
12-
12-
4
12-
12-
of
(quar.)
12-20
5
2
1
12-15
1
Steamship
12-13
1-
1-
12-
$1.25
(accum.):
Fork
12-10
12-31
12-12
12- 5
12-15
12-15
Hawaiian
12-13
River
West
12- 5
12-15.
12-15
Hardware
12-
Whitin
—
Riverside Metal Co.
,
12-15
J25c
—_____ZZZ50c
(quar.)—II"
933/4c
Co.
preferred
Inc.
.
11-30*
(year-end)HH 40c
t
37»/2c
American
12-
c.—
preferred
•
25c
12-
1
12-20
12-15
12-15
cash
American
12-20
;
in
common
12-10
35c
Wellington
12-20
2
$2
'
Co.: (year-end)——
Raisin
2-
25c
——————
——
Richardson
1-
12-15
$62^0
7 '
$1.50
share
(Initial)-.——
12-17
12-20
(Interim)„—
683/4C
or
Extra
12^: a
20c
:
—
System,
Wesson
12-20
$1-
(quar.)
l/16th
2
—.———.
—
of
3
15c
Warren
12-10
12-20
1* 2
Light Corp.—
series)
of 1936
(quar.)
District Telegraph,
American
L—--
Extra
12-10
12-24 i
12-31
12-31
.
$1.25
—
^
American
(The Goodwill Station):(quar.)—
R.
12-
50c
common...i..:
preferred
$7
12-15
12-10
V.' •' $10
100%
—
prior
convertible
12-22
H $1.75
—
—
American
12-13
com.
Bakers,
(quar.)
Co.
(quar.)
1-
10c
(quar.)
Manufacturing
-
12-18
11-20
r
1-
(accum.)—$2
Lu—10c ;
(year-end)——
$2
—-
Works
Iron
.
(quar.).y.
;
Dorn
Ware
12-20
12-24
$1 75
—
iquar.)-u_
common
common
3*
12-15
2
12-15
$15
;_n_—------
Kamp's Holland Dutch
Waldorf
12-20
2
50c
1-
7
12-
2
8pfd.
Wagner Electric Corp.
6
1-
1
7
12-
2
1-
(quar.)
:
Insurance
>-
1-2
12-10
———-V'HH $5
preferred
57c
12-
2
1-
75c
(quar.)
old stock (quar.)—
—i-H:
Refining
11-30
2
div.
dividend
stock
B
American
1
Home Fire
&
(opt.
II- 9
1-
25c
u
:)<-57c preferred (quar.>.L—'
American & Foreign Power Co., Inc.—
H'$9 preferred
(accum.)
f;
1 ■>'
Year-end
7
12-
1-
li—$1.75
preferred
Republic Realty Mortgage
&
12-10
I- 2
'
Inc., $2 preferred (quar.)——HI
Reading Co., 2nd preferred (quar.).
—H
Robblns
12-20
.
J 2-
Oil
Power
A
preferred
Extra
12-';
W. J.
) 1 -30
50c
;
Rayonier,
River
12-15
12-26
Virginia Coal & Iron
Vulcan Corp., $3 conv.
12-10
12-24
;':-vV* '$1
_
(quar,)—
Co.,
Extra
Extra
2
12-15
$2.50 Class B
quflr.r-''^
(quar.)
Co.
'
Red
1-
(year-end)—
Cap.
;
11-22
12- 5
$1
(quar.)——.
American Cyanamid,
12-~7
Viceroy
(NJ Y.)^-
If 1st preferred (quar.)—
-
3
5%
8
12-27
Veeder-Root, Inc.
(Oklahoma)—
Purity Flour Mills,
Pyle National Co.,
'
1212-
1-
25c
(quar.l—.——- :
Warner
Corp., common (quar.)___—_!
voting common (oua,r.i^j:.original preferred (quar._—_
Ralston
2
1- 2
12-
11-23
2
40c
,
Publication
8%
■
12-10
_/$3
25c
V
8
5
11-19
3
12-15
1-
class
4Yi7>
5
Metal
Co.
American Colortype Co.,
II-20
Van
7
12-31
Quarterly. —37V2C
i',v C?-''
12-
2
12-
Upressit
Cities
class
Optional
1
1%
Extra
12-31
$1
———
Ltd.—t30c
Special
Non
1-
■
Co.——
Public National Bank & Trust
71c
12-
12-10
Van
11-30
Fuel
American
12-15
2
12-15
Utah
12-10
$2
4%
1-
(quar.>_^_---__-——1—
Utah
12-10
12-
Co., $5 Class B pref.^,—$2.50
-
12-20
12-15
'150/
15c
'
.
<N. Y.)
common
12-10
50c
,
—_w
Cigarette & Cigar, com.
preferred
(quar.)
;..H'67c
12-20
£1.50
93%c
Union Sugar Co, (initial quar.)
1—; 15c
United Chemicals,
Inc.-.——
44c
Union Twist Drill Co. (quar.)—_—50c
United Carbcn Co. (quar..75c
United Cigar-Whelen, $5 preferred-.
POc
United Corporations. Ltd., Class B (year-end)
•>' 38c
5
12-14
1-
I-31
3
12-31
34c
—
:
1
Co.
;
1
12-15
$$2;
50c
H $2.75
$$1.75
i
—
& Paper
Upson Co. (year-er.di
11-29
25c
i
1
1-
2
dividend
Inc
American
3-
11-15
11-20
1-
$30c
75c
Extra
12-15
2
20c
pfd. (quar.)
Oil of California. S3.75 pfd. A
$6.50
$1.75
Power Corp. of Canada
(year-end*»5c
Pratt & Lambert, Inc.—
—•/
45c.
Pressed Steel Car Co..
(qffar.L
.1—
25c
H-H
,
7
$1.75
Public
1-
12-15
'
1-
Extra
Chicago Ry.—
.
2
12-15
Stock
12-15
Equitable
Providence
•
2
12-18
i—
vL
—H \
(quar.)—
(quar.)——^
Chicle
11-23*1
12-10
25c
preferred
5
12-10
—15c
(quar.)
Corp.,
Foundry—
11-23
11-23
50c
$1.50
preferred
& Cable,
Chain
v,12-
$3.50
Car &
11-30
12-24
12-24
/
1
5
11-16
25c
H
(quar.)
common
Corp.,
1212•
12-21
40c
15c
—t
American
Corp., common—_—25c
preferred (quar.)__^.._—$1.1834
Truck Lines
12- 8
(s-a)————
non-cum.
5%
1
15c
S.
$l x.80c
Co.—
B
American
12-15
12-
12-20
preferred
12-1
12-26
K:; $1.
common
Electric
preferred
77c
v11-15
U. S. Trust
1-16
_Z_~-
Powel
Cr;>'
5*.
1
50c
Pocahontas
f'
12-31
1-15
10c
Fort Wayne <fe
1
2-
.~1
Forgings (quar.)
12-31
12-15
2
Carbide
12-10
Jl-11
1-
(year-end)_
(quar.)
(quar.)
preferred (quar.)—
Pittston
''•
12-
1
12-22
Coke & Chemical Co.
Meter
•'
U. S. Potash Co. (year-end)H—50c
4
Pittsburgh Metallurgical (quar.)___-_——_
Pittsburgh Plate Glass (vear-end)__
.:
H '*'■
:
(quar.)
11-25
U
12-
12-31
37Voc
—
11.-30
12-31
$1
Common
7%
;
(quar.)__
1
77c
American
].•
12-
-—.
•:
12-15
12-27
25c
—
12-15
12-15
12-15
.
'
2
40c
15c
Pilot
<■0,,
1-
30c
ir;
—
2
1
Carbon
Ltd.,
Bemberg
Class
:
'
1-
40c
series A——.——•
Metal Manufacturing Co., com.
$6
12-15
$4
1
1-
&
11-30
12-17
1-1-46
common.
America,
American
7*
12-
—
8
$3
v
(quar.)—
Airlines,
12-10
12-
'
Union
12-10
2
$1.25
50c
4 7c
1- 2
1-
12y2c
Pilgrim
'H'SH
/
25c
12-
12-20
Rayon
Extra
20c
$$2.50
(s-a)
Inc
Cement
of
American
$1-25
'■ -S3.50'
Union
12-10
2
.12-
H-.H>.
Ltd
Amalagamated Leather, 6% conv. pfd.(accum.)
Amerex Holding Corp.
(s-a)_^>—
12-10
$22Vac
Union. Bag
Co.
12-10
12-20
'.'
(year-end);:;
Union
6
1-
12-15
(year-end)
pref.
Aluminum Industries, Inc.
,
Export .(resumed)——
Tobacco Co.,'-7:7c
Portland
H 1^2
1- 2
•
>^.25c
—.1.
——
Associated Oil; com.
Udylite Corporation
6
$2:
2
(quar.)
preferred
Aluminium,
12-20
12-
67o
Amalgamated
(quar.)——10c
;
i'
Alpha
12-10
1-2
.Special
4%7c
5
12-
12-15
1-
15c
57c
Mfg.;
preferred
11-23
12-27
(quar.)—.————--
Products
Tuokett
5
12-22
$1.25
pfd. (accum.)—
pfd. (quar.)— :",
Exploration Co. (year-end)
Phillip Morris & Co., Ltd., common
2
12-
12-31
Philadelphia Electric Co., common (quar.)—
$1 preference common (quar.)_^
Philadelphia Elec. Pwr., 8% pfd
(quar.)„__
,-7-7.r
1-
12-
-
■
12-22
70c
—
Pennsylvania Industries,
1-14
$3
^5 preferred (quar.)
Pennsylvania Glass Sand Corp., com. (quar.)
57c preferred (quar.)
—,
Pennsylvania Sugar Co.,
Peoples Drug Stores^-
8
12-14
•
11-30
Inc._
12-22
1-
'
Shipyards
Tubize
5
12-
75c
(s-a)
—
Pennsylvania
$1
$1
■
12-
1-15
$1
'
■
(quar.)————!
Co
'Extra
■
•; ^
Mills, com. (year-end)
—u——"
Common
.
:
11-16
12-22
1
1- 2
.
Aluminum
0";
12-31
.
12-15
-iJi
••
Mills,
2
(quar.93%c
Time, Inc. (year-end)./——SI
Tip Top Tailors, Ltd. (quar.)—
—
$7Vic
12-15
1-
1
1-2
(quar.)
Corp.
Laboratories,
1-5
preferred
Tobacco
12-15
1
11-24
-
.
EOc
—
Patchcgue-Plymouth
'
Co.
Steel
11-30
a;
———c-50c
(quai.)__—___
$20c
—-a—
$62/ac
common
common
12-31
1-21
">'»v,10c
Water
Todd
7
12-20
100^.
: • 5c
Can
1
1212-
75c
Extra
11-20
1-30.
;—10c
Ltd.,
Trans-Canada Shares,
37%c'
cum.'preference (quar.)—_—"
(stock dividend
—i-
Pacific
.
'
f «- ?
2
.
Land.
Inc.,
$3.75
11-30
12-
Allied
11-30
•
IS 1.25
25c
.
'
(quar.)
(quar.)
preferred
Tide
12-15
2
(quar.)-—$1.37V2.; Hi-, V"
prior preferred
conv.
$1.50
'
Investors, Inc.--1
1-
■
,
—
(G.)
Thermoid
11-30
12-15
—$1.75
Co
4%
11-30
12-151
•;
Allied
47c
$1.12
25c
.
Extra
12-14
12-15
lfc%c
—
12-15
12-15
12-
$$1.75
Allis-Chalmers
•
5% pfd. (quar.)
(year-end)^-
Co.
Inc.—
Inc.
Textiles,
12-14
2
1-
—•
37l^c
(quar.)—$125
(quar.)._—
Loan
Fibre
Ox
common-—-———:
preferred
Ontario
Spring
Stores,
preferred
Preferred
12-10
12-31
12-15
Ltd.,
1st
Texon Oil &
12-10
-.12-31
25c
—
preferred (quar.)—$2
Oneida,
Steel
Tamblyn
12-19
12-31
C
—
12-10
---—--'
•
Bros.
Talon,
II-20
12-31
11-24
12-14
12-15
15c
11-30
—
5
12-
12-
12-18
(year-end)—
—
(quar.)
common
12-15
1
12-27
$1.25
,15c
:—
$1
—.——10c
—•—-w—$1.50
Inc., common
preferred (quar.
Omar,
2
12-15
prior preferred (quar.)—
Olin Industries, Inc., common
preferred A (quar.)
11-30
I-
Co., Ltd.—
——.—15c
Ogden Corporation (year-end)
—;
$3
Ohio Finance, 4Vz7c preferred (quar.)——._
$1.12Vz
4%
1
12-
12-20
1- 2
•
12Vac
12-10
1-
75c
7V2C 50c
$1.25
$5 preferred
(quar.)—...—$1.25.
Sun Drug, Inc.^(yeaf-end)H
6c;;
Superior Steel Corp..——,.a—30c
Sylvania Electric Products, com. (year-end)
50c
$4 preferred
(initial) ;
76c
12-20
12-15
Ohau Sugar
5%
12-
11-14
.
12-10
$2
$1
20c
Engine Co.»_„——.—
——
Coke & Coal (year end)-..Strawbridge & Clothier, 57c pfd. (accum.).
6
1- 2
.
11-20
H
Alleghcny-Ludlum Steel (year-end) uH.—^
Stonega
12-2G
Algoma
5
Inc.
Packers -Association
11-30
25c
20c
$1.25
Sterling
C
12-15
12-12
.
25c
(initial) .(quar.)__._^«
5
2
1-
40c
>
_•
1-15
25c
Associates,
Alaska
12-10
50c
(quar.)__—_
Paper
Royalty
Standard
Sterchi
12-10
12-
12-5
$$1.25
(quar.)^v
■12-10
$2
Standard Chemical Co., Ltd.,
-
12-10
12-. 7
$1.50
$$1.50
(s-a)
pfd.
Utilities,_6 %
$1
(interim l
com.
—i--—
Advance Bag &
.-Special
67c
933/4C
pfd. (quar )
'
12-20
25c
$1
Co.,
■
12-20
20c
Sugar
Electric Co
—■
Springfield Fire & Marine Insurance Co.—
Quarterly
-
37/ac
preferred (quar.)——
——.
prior preferred (quar.) — —— V
North Central Texas Oil (year-end)—
Northern Natural Gas (year-end)-——-
7
Rico
Corporation
Sperry
12-22
i-ioH
80c
Northwestern
12-
12-
12-24
Castings Corp^H-iH-v'l .; 12V4c
Manufacturing class A (qimr.).37V2C
Corporation
of Rec.
12-24
$1
Special
11-20
1
Air
15c
-
Sprague
11-30
12-17
$1.12/2
—
Sp'artan Mills
.
7%
Northland Greyhoud Lines, $3.75
1
:
—
——-—25c
Corp.—
North American
I-15
(quar.)—25c
Co.
Electric
1
12-
! $$1.50;
20c.,
-
—
(quar.)
Co. (year-end)__
Southwestern Gas & Elec., 5% pfd. (quar.)_
12-10
2-
Sugar 57c pfd,
(quar.)„_._„«_^.
Agricultural Insurance (Watertown, N. Y.)
Quarterly
7
Payable
15c..
Aluminum
Supply
Holder 1
40c
(quar.>_„—._»,_jl.___-i.-..»
Co.
w>icn
.Share
(quar.)__.iH-'
common
''S
■■
Ball & Roller Bearing, common..;.
convertible preferred (quar.)
Agncw Surpass Shoe Stores 7% pfd. (quar.)
1-24
12-
the
Companies
57c
12-7
$25c
preferred. (quar.)_I_——
West Pennsylvania Pipe Lines—
Southland
11-24
12-24
j
Niagara Share Corp., Class B (year-end)—
4Vi%-convertible preferred (quar.)——-Noma
12-15
30
-*—
„
12-
2-25
•
....
Aetna
12-15
12-15
12-15
f"
Southern
vi 12-17
12-10
'oc
—
(year-end)—
New York Park Mining (year end)—-—Newport News Shipbuilding. & Dry DockStatler Co.
York Hotel
New
12-22
87Vac
(quar/)--™-—^——
Paper Mills, common__^^,_;•
-
Year-end
12-10
12-10
.
2
2
12-15
50c.
55c
■
^
-
Porto
South
12-15
2
1-22
Stock dividend—;-——
1-
$$1.25
'
———
preferred
8%
12-10
12-20
wc
—
J.;i
7•
Advance
12-15
1'
Name of Company
Atlantic
&
Aerovox
Ltd.—-
Dairies,
-.Extra
,
"*T
:k
$3.50
.
.
2.
Steel
Aero
12-15
■■
■
Miscellaneous
Per
preferred
Acme
Canada,
preferred (quar.).
(T. L.) Co., common.,.
6%
1
12-15
1-2
V
:
"12-15
2
1- 2
!
(quar.-)—.—-
Zook
(Howard)
Smith
12-15
12-
of
Co.
Western
preferred
67c
South
'
——,
7%
Smith
11-30
2
47o
Acadia
;'
-1'-- 2
•„
and
Extra
Smith-Alsop Paint & Varnish—
12-15
12-15
{'
>—-r
HyvH,'/''!
4
11-26
(quar.t;
preferred
&
Extra
i
12-15
12-14
Corp.; j(quar.)
—,.r;—iac
Refining—
—
Nestle-Le Mur Co. $2 partic. class A (accum.) ^
loc
Steel
England Fire Insurance Co.--Increased
(quar.)
:1
————
2
1-15
National Sugar
New
1
1-
|i
>
57c
Sloan
1-14
2-
$li>u
National Steel Car Corp.
preferred
Silverwood
8
•
1-
,
.iHv
^
12-
2
12-14
■■
Industrial
„Abbott Laboratories,
7
12-15
v
Ltd.—
^ r H
'
1- 2
—t$1.75
12-15 i>.
Sick's Breweries, Ltd.
(year-end)-^—
$$1.15
Signal Royalties Co.! class A -(quar.)__._w—
25c •V, 12"15
$7
11-30
12-21>
(s-a)
preferred (s-a),
preference (s-a)
Sherwin-Williams
u-30
12-
preferred
1-
.
being given in
week, these
.
11-30
12-
"
3
$1.75
Shawinigan Power & Water Co.—_•—c~-—^
t23c
Shell Union Oil Corp.„^.__-_HH--—
"CH 50c
Extra
_H
u.—50c
Shenango Valley Water, 6% pfd. (quar.)„—
$1.50
7
12-15
75c
25c
50c
(s-a)
-
2nd
3 V2 %
12-28
12-21
1st
7%
•
7
12-
.
National
National
12-
2
12-15
H /2C
6'>'c
12-11
12-10
———
Extra'H-wi
12-10
2
(year/-end4^^f^-HHH'.
Company
'
12-15
;
Lace
$6
Scruggs Vandervoort-Barney, Inc., com.
12-15
.
Electric,
'Scranton
12-31
2
12-15
•
—
Scranton
8
1-15
.foe,
preferred Class B (quar.)———-;
,
Safety Bank & Trust (N. Y.)— :y
(quar.)———
6%
12-
1-
(quar.)——;,
common
12-15
1-15
-f~r7
(year end)
Co.
Gypsum
2
2
this
i'.'
12-10
1-
50c
$1.50
(quar.)^«^_>.^_^-j.
preferred lquar.)^_---.:
Manufacturing Co.
.
<
11-20
12-15
Scovill
,
12-10
1
2
12-24
dividend.-------
Stock
National
2
12-
1-
—- —
112-
12-20
preferred, class A -(quar.)-/^^--—^$0.296875
Brewing
: ,JCc.
& Williams
(year-end)
—
..>,.$1.50
12-14
.
I",.
1
50c
.:
!
1-
12-
Scott
12-28
r
(quar.)
(Detroit)
(quar.)——
Casualty
12-
announced
preceding table.
11-24
12-15
12-15
7
1-
-r—-—
Register
National
National
(quar.)
common
12-1
12-
1-15
lac
7-
-
2
12-14
(quar..)_
common
preferred (quar.)—-—.
77c
Works,
Water
8
25c-
class
:
Jose
11-30
40c
25c
(year-end)
Paper
Service,
4%%
12-14
$1-10
(quar.)—.——
Co.
National
&
12-
12-15
Schmidt
12-24
I2,'In
(year-end
Co.
San
;
Pulp
Public
B
12-22
7
12-27
H;
7-—
—
Securities
Nation-Wide
12-15
'. 1- 2
j^c.
37VaC
.
Louis
Class
12-15
12-21
6#
preferred (quar.)——
& Brothers (year endi——_
Helens
St.
12-14
■
,
dends
12-
1-
Co.——
Manufacturing
Murray
Mutual
———
weeks and not yet
12-14
1-
ntl
conv.
Mueller
2
12-20
1-
Drop
4%%
St.
5
give the dividends announced in previous
paid,
The list does not include divi¬
we
1
1-15
9*•'?
——~~-----
1
12-
Hi- 2
5«c
(quar.),
common
12-
Below
1-
'
12-20
—.—-——
12-15
2
1-
,
H3?
_a_——r—>/l:;
preferred (quar.
Montgomery Ward & Co.,
A
11-24
12-15
5%
Class
12-20
12-15
Corp. 5Vi % pfd. <quar.)
H
Cement, preferred———
,
joc
$3.50 pfd. .(quar.l-,—87 ,ac
Monogram Pictures
Monolith
12-
7
11-30
$*
(s-ai__~
1
2
1-
7/2c
4%
RR.
7
1-
$<*
(year-end)___
Birmingham
Mohawk Liquer Corp.
12-
1
1-2
J50c
•,
$2.50 preferred
(quar.)—J62'/ac
Rome Cable
(quar.)——;—.—
:
15c
Ruberoid Co. (year-end)
50c
Russell
Manufacturing Co.:.^.,
37VzC )
1-
(quar.)
Mfg. Co., Ltd. com.
(P. L.)
of Rec.
Payable
Share
Monday, December 3,- 1945
No Mere
When
Per
,
Company
;
Robertson
•12-15
v''
■
■
Name of
of Ree.
Payable
—-—-—
—
'.;.r
WhenHoiaer*
'
i'er
Share
...
& -Manufacturing-*-!'"• V:;y<■■y
.
New
FINANCIAL CHRONICLE
THE COMMERCIAL &
2680
1-
2
1-
2
1- 2
„
12-10
"1-2* "12-10
^Volume
v^
:
■
<">['.
"h^wppnM .:».
162;; NymEer: 4443,^
•"'y';:'• V:'')VW'.•,'
y
Name of Company
^
yt
;
Per *
Holdert
When
of Re0.
Payable
Share
'
Extra
^
Oil
Canada
(quar.)
:$12%c
________
12-10
12-26
12-15
11-30
$12 %c
of
12-15
11-30
12-
11-15
Beech-Nut
y
-.i
»
1-2
12-15
12-15
11-30
20c
12-15
11-30
u,
______________________
$1
12-15
;
I' 2
11-30
$1
1-24
1-14
10%
12-13
11-15
50c
12-29
12-
Corp. '^.U——,
70
Formerly Bankers Nat'l Investing Corp.
Berghoff Brewing .Corp
;" 25c
Bethlehem Steel Corp., 7% preferred (quar.)
$1.75
Birmingham Water -Works-*-?
12-15
12- 1
'
(qua&.)
common
(quar.)„_
Bendix
Dividend
Aviation
_______
Corp.
_____
(reduced)
.
_
-
Beneficial
""
'
.
6%
.
preferred'
(quar.)___
a
1
Extra
12
12-1
12-10
12-10
11-10
preferred
?
-
Bond
•
y__i_
Stores,
*
•
j £:
.$1
12-17
12-
12-
12-22
12-
1
12-22
12-1
<
;
12-20'
112-
,
,
i
12-
1
12-22
-
12-
1
Boston
(
&
Albany ORR. Co.—______
i Boston .Elevator By.
Boston
5%
I
12-1
$1.25
(year-end)_____
1-
Corp.
Controller
Clark
12-
■i
4
$1.50
Bearing
(year
end)_
—
'i
Dobeckmun -Company
2
8-15
11-15
1-
1-2
$3.50
1-2-46
30c
12-14
11-30
Dun
.75C
—
12-15
♦
11-28
Brandon Corp., class A—
-A
Extra
___2.__
>
.'••
2
1-
\,i.
i
12-20
12-
7
12-31
12-
8
12-31
12-21
1-2'
12-21
Class A
vvr
•
_
$i
i
$1.50 3-30-46
—
3-30
12-
12-15
12-15 1
11-30
75c
Common
12-15.
12-15
11-30
12-15
Co.,
12-
7
11-80
12-12
11-30
30C
.
,
53%C..
Breeze Corporations
Brewing Corp. of;America (quar.)_
Briggs & Stratton Corp. (quar.)
•>
1
Bristol Brass
British
!'
40c
12-10
12-
62 %c
12-10
12-15
11-30
75c
12-15
Extra
Bank
Note
(inc.
.
:
$25c
________
1
}
12-15
(
,
%<:r;
)}
_
t
.
,
V.-!
Silk
-•
-
12-28
11-15
Columbia
25c
12-15
42-
Columbian
(quar.) ?
*5
preferred ;(quar.)
Buckeye Pipe Line Co
$1.25
Bolt
Co.
2
12-15
11-16
12-10
11-26
$5.60
1- 2
;
Ink
California
Co.
"
'
(year-end)
preferred (quar.)
12-15
12-
i
12-20
12-10
y 70c
12-15
12-
25c
12-15
*
12-15
_________
County Ry. (s-a)
Campbell Wyant ArCannon Foundry-^ t
1-
75c
.'
;
l
Year-end
'sj
60c
12-10
11-23
12-28
12-
3
90c
12-28.
12-
3
12- 6
:
$1.50
;
1-
2
12-
12-15
5c
preferred
participating
I
25c
Inc.
(quar.)
11-15
12-31
12-24
250
«
12-
12-15
12-5
12-5
1- 2
Co., 5% class B (quar,)_____
t62'/6c
1- 2
4Va%- preference (Initial quar.) ^_____
$$1.31%
Cement Co., Ltd.—
,y
' ■
V
6'/a^ preferred - (accum,)' $$1.25
12-20.
Canada Crushed Stone (quar.
$l0c V; 12-20
Connecticut Investment
Canada
Dry Ginger Ale, Inc., common
$4.25 preferred (quar.
Canada Foundries & Forgings, Ltd.—'
*
12-15
12-
1
$40
12-21
11-
8
10c
•
>;
12-15
>
B
$37%C
bearer shares
—_________
12-17
;; $50c
Extra
*
*
.
'.
—
Breweries, Ltd.,
Food Products,
Canadian
;
Common
Class
-
.
A
Canadian
v.
i;
,
preferred j(quar.)
Canadian
-■
Class
-
12-15
1-
11-30
2
Continental Aviation
Continental
2
11-30
1- 2
11-30
12-15
Continental
Continental Steel
Continental
12-15
$30c^
11-30
1- 2
1- 2
12-
1- 2
________
7%
preferred (quar.) ________—$1.75
Cold Storage (quar.)—
v,'4
40c
1-
Central
2
-
$5.25
Creameries
Extra
12-10
Creole
4
Illinois
Central
Light, 4J/2% pfd. (quar.)__
Illinois Public Service Co.-^-
Central
1
i
6'/o
•
^'$6
preferred (accum.)
preferred (accum.)——.
Nest
Co.
5%
.
12-15
11-20
12-15
11-20
•
.
Southwest
&
*•
$6 preferred
i
$7
preferred
Utilities
Co:—
>•
of
Champion Paper & Fibre,
Extra
$4.50
(stock
(quar.)
4%% prefei*red: (quar.)_—_—__—
CunningHam Drug stores, common........
6% class A prior preference <s-a)__—
12-10
Curtiss-Wright
12-8
15c
12-13
12-
12-20
11-30
$2
1
Corp.,
noh^Cum'ulative
Cutler-Hammer,
'
Davidson
Inc.
150
$1.12J/2
12-20
11-30
12-15
12-
1
1- 2
12-30
1-2
12-30-
12-
5
11-22
Chemical Corp.
5% preferred (s-a)_——
Deep Rock Oil Corp—^
Delaware & Bound Bro'ok RR.
12-15
12-
1
1-21
1-
5
$3
50c
12-15
12-
12-31
12-
1- 2
...
.'
———
12-20
25c
12-15
Delaware
RR.
Derby Oil Co.
Inc.
(quar.)___—__________
$1
(s-a)
Detroit Michigan Stove
2
12-20
12-15
12-1
12-17,
11-10
75c
International
Bridge Co. (irreg.) ___
5% preferred (quar.)
5% preferred (quar.)
:—
5% preferred (quar.)__—
;
50c 2-15-46
8-6
12-10:
12-
5
12-20
12-
3
12-15
12-
5
12-15
12-
5
12-
5
2
12-
1
12-10
12-
1
1
1
12-10
12-
12-31
12-21
12-
1
11-20
12-
1
11-20
12-
1
11-20
12-
1
.
11-15
12-10
11-21
12-15
11-30
12-15
11-17
12-15
11-17
12-15
12-
5
12-10
12-
1
12-15
20c
25c
$1.50
12-
12-
1
12-15
12-
1
1
12-15
1
12-
1
12-22
12-10
1-10
/
12-
12-15
12%c
12Vic
.
11-30
12-15
12-15
12-15
'12%c'
,
(quar.)—
(Michigan)
11-27
12-15
11-27
48c
1-10
11-27
(year-end)—
non-cum. pfd—
20c
30c
12-15
12-.. 1
class A (year-end)
Co., common (year-end)
preferred
(quar.)
———
10c
30c
30c
12-15
12- 1
12-21
12-
————
,
6%
(Robert)
.
.i®c
Co.
Power
(quar.)
——'
class
B,
y,
-
5-
1
4-13
7*
12-21
12-7*
12-20
12-10
2
12-1
$20c
1-
$10o
1-
2
12-
1
$1.25
$1.38
y
.
—-——.—-——.
preferred (quar.)
5% % preferred (quar.)
Gemmex
Manufacturing Co.,
5%
1-
2
12-
1
1-2
12-
1
25c
com.
12-10
11-30
75c
$3
1-2
12-22
General Cigar Co., common
(quar.)
_•—
11-27
12-24
11-27
12-15
!•>-
12-52
12-
25c
(resumed)
(quar.)—
,
12-24
30c
20c
l%c
.5%
20c
.
General Industries Co.,
General Motors Corp.,
5-6
50c 8-15-46
5
2
12-15
11-26
11-26
12-10
11-26
1, 2
12-20
Peneral Fireproofing, common.
—.___
25c
7%
preferred (quar.)——$1.75.
2- 5
50c 5-15-46
12-
12-15
.
12-24
$1.25
11-30
12-10
1-
12-10
12-24
12-15
1-
$4
25c
12%c
General Bronze Corp.—————
1
12-15
25C
12-
12-20
—--
Stock dividend
Dentists Supply Co.
7%
11-30
12-10
2
County
General Box Co.
11-28
12-
12-13
12-20 j
37%c
.
General Bottlers, Inc.
3
$1,75
(Kansas)
12-12
1-
12-15
12-31
1-
(quar.)___
Class B
12-3
Delaware Futtd,
11-15
12-31
$$1.50
$3 participating preferred A (quar.)——
Aniline & Film Corp., class A____.y
8
12-
A2-19
12-15
,
50c
_______
Brewing (quar.)
Brewing (Indiana)
Extra
12-26
12-17
1-1-46.
11-30
/
12-10
$1.12 Va
12-17
Luxe
Gatineau
y
1
$1
Detroit
$1.25
6%
11-30
12-13
__—
Garrett Corp.
1
35c
11-21
■
Gair
7
12-
50c
12-10
12-
12-16
(quar)l.
Gabriel Co.,
12-20
2
1- 2
50c
_
■;:; 25c
11-30
1-
75C
(guar.)
Delaware & Hudson Co. (quar.)—__—______
Co.
11-21
12-17
(quar.)
Additional
11-20
25c
11-20
12-31
•.
$50c
45c
SI
25c
62 %o
15c
Fuhrman & Schmidt Brewing
.12-18
,
11-30
5
12-20
50c
Si
$1.75
10c
10c
yy
Distilling—:———
Fr"tt of tbe Loom, .common
(initial)——
$3
non-cum.
preferred
(irreg.)_
11-30
$1.12%
11-30
12,15
12-
'
Extra'
11-30
12-15
1
8
•
General
12-10
Extra.-.
12-
12-21
$$2.50
——
25c
$1
6
12-15
12-31
of N. Y.—
preferred (quar.)—
——
Detroit & Canada Tunnel Corn,
(year-end)
(quar.)
1
12-14
12-
.12-15
25o
-
Company
(Peter)
De
Franklin
of Canada—
12-21
j
12-
55c
12-
•;'
,
5c
(quar.! '•25c
12-15
common.—______
12-15
■■.■". $2
(year-end)
12-31
1
3
11-22
12-22
.
(quar.)
(quar.)____
Inc., common
Fox De Luxe Brewing
y
8
y 12-
12-
12-21
$1.25
;—
Society
Fulton Iron Works Co.,
—
15c
/_.
4
$2
cqmrnon..—_______
class A
Debentures & Securities Corp.
12-15
$2.50;, 1-2-46
$2.50 4-1-46
Francisco) —;
-Extra
11-30*
11-
11-30
;
y
•'
12-10
1-
:
.
Curtis. Publishing'Co. $4 prior pfd. (quar.)__
12-10
1
12-
12-15
25%
1
1-
' *
y
Stores,
Hotels Co.
Fox
12-22
$1.25
;•
1
12-10
$1.50
•'
preferred
/-
dividend)
1-
1
25c
(quar.)
Chesebrough Manufacturing Co.
.
Inc.,
i__—-150
Extra
•
(quar.)
—
2
12-14
$$1.50
93 3/4 C
(quar.)—
Press,
"
Foreign Light & Power 6% 1st pfd. (quar.)
Foster & Kleiser, class A preferred
(quar.)
Four-Twelve West Sixth Co.
(irreg.)—:___
1
50c
(year-end).—
(quar.)—
,FQj^ter Insurance Shares—
>y ■ y .
.
Cuneo
Foote-Burt
11-23
25c
—
quar.)
(s-a)
preferred
12-
J2-12
1-
$1.50
1-
$1.50
4
(irreg.
America——
"'■
12-20
(accum.$1.75
Co.
3%%
'
____:
preferred
Fox
..
../
Century Ribbon Mills, Jnc. (ouar.)
Certain-teed Corp.
4%% preferred
6% prior preferred (quar.)
Chamberlain
.
(accum.)__—
Aircraft Co..
Pass Coal
12-15
75c
5c
Fair
$2.50
12-10
-
preferred
$4
Food
12-10
V12-20
11-30
12-15
12-10
12-1
;
Aircraft, Ltd. (Interim).;**..^.*;—Co., common
Ford
12 Vic
12-14
11-30
y
Flintkote
12-21
12-20
•
Common-'■
Central
Cessna
'*
Maine Power Co.—
preferred (quar.)—$1.75
preferred (quar.)!
$1.50
$6 preferred (quar.)_—
$1.50
,5% preferred (quar.)
,62%c
Central Steel & Wires 6% preferred (quar.)
75c
6%
_—
v"
&
8%
12-20
$1.50
1-15
conv^tibie preferred
Crum
?
>7%
•>
2
—$1.50
cum.
Central
>
1-
$1.12J/2
(year-end)
Corp.
Crown Drug Co., common
Crucible Steel Co., common
v
1
...
$1.311/4
(s-a)
State Pawners
Fleet
3
,
Crane
12-12
12-
12-
1
—
12-12
12-15
—__—__40c
_—__________
12-10
12-14
•": y;:--;
Stores, class A (quar.)
Class B (quar,)_.
■
7% preferred (quar.)______HV20
1
20c
2
12-21
:
■
Fitzsimmons
-
1
12-
12 %c
—„
Petroleum
: v crow's
12-14
12-
12-
12-10
(quar.)
-preferred : (quafc).;_-,,__;—
Crosley Corporation
:
Crown Cork & Seal, $2 pfd.
(initial
11-30
12-15
12-10'
20c
&' "'6%
12-11
12-14
•
America
of
Co.
! Class B
11-15
,12-17
62 %c
Brewing Co
Crompton & Knowles Loom Works—
3
12-
25c
12-14
1-
—' 75o
(quar.)____
62 %c
National Stores
First
12-15
2
2
10c
First Security Corp.. (Ogden, Utah)—1
Class A (s-a)_—_^.___.—'_—
3
1-
2
1-
.
yFirst
12-15
$1.75
12-20
1-
11-30
;
Quarterly
12-10
Electric
Croft
12-14
•
12-
2
$1.62%
(quar.)—
;
Corp., common..
preferred A (quar.)_____—_______
a
1_
12-
12-26
12-20
1-
participating preferred (quar.)
"
"'Extra
(year-end)
;
Telephone 6%% pfd. (quar.)
Corp.
5%f preferred
■
$37%c
40c
$1.25
Co
Cornell-Dubilier
.
1
7%
Oil
1-
12-20
2
11-30
■
7
*'
12-21
2 y
1-2
1-
Life Insurance, Syracuse
'
1
12-
Co,______________________
Copperweld Steel, common—.
11-20
;
12-
4
20c
Copper; Range
11-20
"
Capital Administration Co., Ltd.—
1- 2
$3 preferred A (quar.)
75c
12-10
-Capital City Products (quar.)
25c
12-11
Capital Transit Co._———__ b
50c '
Carolina Telephone & Telegraph Co. (quar.)
12-18
■
$2
12-14
Carthage Mills, Inc., common
v ; 50c
:
1- 2
'6% preferred A (quar.)— _______________
$1.50
1- 2
6% preferred B (quar.)-——
>
60c
Case (J. I.) Co., common (year-end) ______
: ' 1- 2
80c
•'
'
;
"
(accum.)—
class A
12-15
11-30
Canadian Wirebound Boxes, Ltd.—
$1.50
50c
Continental
11-15
1-
11-16
•,
12-13
(quar.)__.—
Fireman's Fund Indemnity (San
11-15
11- 8
dividend) one-fortieth share of common
":for each share held
(
(extra)—
12-15
11-27
12-1
;
.
11-16
40c
Co.
12-17
______
12-14
y 12-19
11-27
12-10
$%nreferred(s-av_._.—75c
Federal Mining & Smelting—,y, 75c
Federal-Mogul Corp.
(quar.).—...—— '
30c
/•Federal Water & Gas
y y, : 25c'
Fenton United Cleaning & Dyeing (quar.) —
50C
Extra- /' y ,50cy
y Ferro Enamel Corp
25c
Finance Co, of .America of Balt.*r; ,
•
Class A (quar,)
15c.v
.yy ClassB
(quar.) • •....
—
-y -' 15c
12-15*
12-12
2
12-14
12-20
11-24*
12-21
1-
12-15
12-31
.
12-15
$10c
;
12-20
1-2-46
(quar.)_____
Continental Casualty
;
;
12-1
25c
Co.
$2c
(s-a)
12-15
2
2
93 %c
Can
preferred
$50c
(s-a)_.
5c
■
12-15
l-q-46
30c
(initial)
12-15
11-30
12-5
12-15
.Extra-
9
Continental Gin Co.—
Motors Corp.———
11-30
Ltd.—
Eirgineering
(year end)
1-
,
$20c
(quar.)—
&
1-
$1.19
(irregular)
Co.
'
2
12-15 y
7%c
(initial)
pfd.
2
1-
$1.12%
(quar.)____
Corp.
class A
Press,
Assurance
11-30
.
1-
$75c
<s-a)L^i_:___i——,$20o
Westinghouse Co., Ltd. (stock
Canadian
Continental
Vv $25c
(quar.)
Cos., Ltd. (extra)_______
Shipbuilding & Engineering—
Class^B
5 Consoi^afd
2
"
'
12-20
12-15
Utilities
Gas
1-
$1
(quar.)_j—i____
B
Consolidate^ Grocers 5%
1-
Oil
A
preferred
Consolidated
:
90c
4
30c
±$1
Canadian
4%%
Power
&
11-
12-15
40C
12-13
12-13
12-15
-
(quar.)
rQuarterly ._______—.__—'
Federal. Bake Shops, Inc.V common-.---—-"
12-1
12-15
2
50c
50c
t -y
(N. Y.)
11-15
12-15
12-15
.
(quar.)
common 4
11-15
2
Light
preferred C,(quar.)
12-20
$12 %c
Canadian Malartic Gold Mines, Ltd.
Canadian
:1
;
4%
$3.75
quar.)—.
Ingersoll-Rand,
.
Electric
Gas
•" (Baltimore),
v
1-15
$25e
Extra
t
•
.
Foreign Investment Corp.
Canadian
Consolidated
12-22
12-15
12-5
12- 5
_______yyy;.' 15c
Farmers & Traders
'>
,
—
1-
$$1.62%
—
(initial
Quarterly
1-25
t$2
15c
75c
___!
(quar.)—:
v r
com._____;
Ltd.—
1
11-15
Co,
12-15
v
$$1.75
♦J
_____
Biscuit
1
5
Diversified Standard Securities
Ltd., $2.50
non-cum.
pfd.
(annual)
Consolidated Edison Co. of New York, Inc.—
1
12-
;
12-15
$50c
$15c
12t
12-15
$50c
—
Power, com. (quar.)
1% preferred (quar.)
Canada Permanent: Mortgage
(quar.)——
Canada Wire &r Cable Ltd.-?-
Consolidated
Consolidated
12-
12-
2
2
12-10
•
'
'
12-15
Northern
6y2%
.
(quar.)_
________
Registered shares (quar.)—__________—
-
Canada
1
5*
1-
$20C
V Consolidated Bakeries of Canada (quar.)—_
12-5*
12-15
$$1.50
T
$50c
(irregular)
Canada. Malting,
Extra
1212-
2
:
12-21
1- 2
1-2
yi.■
_________
Corp. (quar.)
(Syracuse, N. Y.)—-
Buffet
preferred
$5
"
11-23
;
w
Class A ^(quar.)
"
Class
1-
■
Management—
Year-end
12-17
25c
$1.06V*
1
25c
,
11-30
:;:y
12-12
7% preferred (accum.)"—
70c
Falconbridge Nickel Mines..
y 47%c
Famous Players Canadian Corp
$37%c
Fanny Farmer Candy Shops (quar.)
37%c
Extra
;—;—i—-—•— yyyy 25c
Fansteel Metallurgical Corp
.
25c
*
1-
!y;;
2
v
Railroad Co., common—
of beneficial interest—
y (year-end)
12-12
1-
12-20
$25c
n 87Vic
be^yy';
Excelsior Insurance
2
'
Canada
"
"
-
12-1
12-14
1-
*$1.50
._-i
________—
Ctfs.
Exchange
:
Ltd
Mines,
deducted.
Erie
11-30
12-15
(s-a)
-Year-end
Coniauruin
(quar.)
.Fairmont Park .Transportation— y
Quarterly
-
preferred
11-30
Confederation Life Assn. (Toronto)—
11-28
'
:
'
:.v
11-30
f$3
11-23
12,27 ♦;•
28c
$50c
40c
75c
$1
$1,25
y
English Electric Co. of Canada, Ltd.— yy
% $3 non-cumulative Class A (quar.) ___—
12-15
1-
11-24
12-15
12-27
$1;37%
Erie & Pittsburgh RR. 7%
gtd. (quar.)
•Pennsylvania State tax of 7%c must
--
-
(quar.)__
common
(quar.)
12-15
;
62%c
-
preferred
$5.50
*
$G
11-24
.
.12-15
15c,
:
Electric,
District
preferred (quar.) _—_______________
Engineers Public Service, $5 pfd., (quar.)—
!;i
50c
—
12rlO
•
25c
75c
______________—
4%
yf
7
$$1-50
Amusement—
-•
>
Southern
&
11-23
50c
;
Empire
11-23
12-10
Co.
-Empire Star Mines (resumed)_______—_—
Emporium Capwell Co. (quar.)_________—_
Endicott Johnson Corp., com.
(quar.)—____
12-14
10c
(quar.)
common
7
12-29
12-
1-10
11-37
V.' 1- 2
$2.50
Electric Boat Co.25c
Extra
■
:.:'.y 25c-
V
11-23
12- 7
^
'
Canada Bread
1
35C
(initial quar.):
Shearing & Stamping Co.—
Congoleum-Nairn,
12-12
1
;
Auto-Lite
! Electric
1
12-
(irregular)
8%
.V
.
50c
12-
preferred
Confederation
;
1
12-15
12-15
60c
Compo Shoe Machinery Corp., com. (quar.)_
yyExtra
;
,
$2.50 preferred
(quar.)
Conde Nast Publications (year-end)
12-1
2
50c *•:
12-15
25c
(quar.)
y y; $25c i
Edison Brothers Stores (quar.)___—.—-
:y
12-20
12-
$1.25
!
Co.—
Camden & Burlington
-
12-18
u*; 2
'
"
50c
,
Common
5%
12- 5
(new)
Corp., $6 pfd.
Subject to the approval of the SEC.
Community Public Service (quar.)..;
12-11
1- 4
loc
'
(quar.)_^^_-_^._-__---
California-Pacific -Utilities
■-
.50c
'
2
50%
Products—
$1.50
Easy
com. (quar.)
$25c
yyy Extra
___________—$15c
1 Easy Washing Machine Corp., class A______ .
12 %c
vy : Class B
— ___________
■i: 12%C
12-20
2
1-
—-—
Commonwealth
12-1
■W-'.lS 2
——————"1
BurroughsvAdding Machine Co._^_.
Bush Terminal Buildings Co.—._v
1% preferred (accum.)
*
3.60%
12-28
tl5c
.
;
Co.
Commercial Credit Co.,
.
1-
:
20C
Carbon
Commercial
Building -Products,; Ltd,1 (quar.)
Co.
.
;
$1.75
1-25
12-15
y ' 25c
;1 50o
y''
preferred (quarterly)
Washing Machine, Ltd.,
y-;- 6%
12-20
$1.25
Year-end
•
12-20
12'/2c
(quar.)_-__—
1-
1
20c
Buffalo, Niagara & Eastern Power Co.—
> $1.60
preferred
i
Bullard
Class B
2-14
12-15
2 ;
$1.50
♦
Broadcasting System, Inc.—
(year-end)
(year-end)
;i_
Pictures Corp. (stock dividend)
Class A
11-30
$i 2-28-46
Buffalo
!
•
Columbia
Steel
12-15
1-2
,
1-
11-26
12-14
$3.50
preferred (accum.)_■__——___
Steamship Lines, Inc., common____
preferred (quar.) ________
Eastman
12-4
12-31
:$1
...
._i-.-___._-i—
120c
(year-end)
Brunswick-Balke«<qollender Co., com
'•
f2c
♦
\r!«
■
Mills, Ltd.
...
—____
;
12-31
1
-4
conv. preferred
(quar.)____.—______
Kodak Co., com. (year-end)
5%
y i
i
87%C U
(quar.j_—1—
■
Co.,
Baking Co., common (increased)
participating preferred (quar)^_______
Extra
•
Broulan Porcupine Mines (interim)_____
Brown Fence & Wire Co. Class A
Bruck
"
1-23
6
Ice
common.._.L.
$6 preferred B (quar.)
$7 preferred (quar.)__
$1
11-15
-
3-
-
11-15
:
preferred
Columbia
f. British♦
Celanese,.Ltd.—
yy:/.•>•.American deposit receipts (final)-____.
8%
-
Colonial
•
12-15
ti5c
quar.)
i
——
$3.50
11-30
Corp._.!_—.
American
i
11-24
50c
i
*•'.
convertible
$2
-
4Eastern
common
5
J2-/1
11-20
12-10
1st
Eastern
:
j
'
(
6%
11-30
',*$31.
v-
(year-end)
4(4% preferred (quar.)______—,
Colgate-Palmolive-Peet Co.—
-,
Coleman
y-
11-30
$13 10
(s-a)
12-1
12-
12-12
37 %c
_________—
Eastern Massachusetts Street Ry.—
11-30
12-15
$1.;,'
(year-end)
A
5
$1.50
12-J.5
12-15
50c
(quar.)
5
12-14
1* 2
-
;
11-26
—
Class
(
12-15
$3 Class A ($-a)___——
Coca-Cola International Corp.
,
(quar.)
Bradstreet, Inc.
11-17
12-
2
1-15
*
.
-
12-8
1- 2
.
Year-end
11-15
■■
$1
$1.50
_
:
11-15
fej 1- 2
IOC
31 %c
(quar.)
1st preferred. >(quar.)
Coca-Cola Co., com.
(quar.)
1-
12-31
12-31
12-15
:
iduPont (E. I.) de. Nemours & Co;^r^V-:yyyy^y.y'^.v--y;
Common (year-end) ____.—$1.50
$4.50 preferred (quar.)
• $1.12 Va '
Durez Plastics & Chemicals (quar.)
♦ .-7
20o
Eagle-Picher Co. (increased quar.)
V -20c
y Eastern Air Lines (s-a) -—_______________
> y> 50o
11-28
12-15
.
$1.25
.
&
"
2-1-46
$20c
$$1.25
(quar.)-*
com.
:'t'- Extra
Equipment Co., common
preferred ;(quatv)
Machine Co.
Ltd.
-
12-24
12-1
1-15
6%
Corp.,
12-14
12-10
-
12-18
$1.37%
preferred
12-18 *
25c
T
preferred
Co.
2
12-21
____—y $$1.75
preferred (quar.)______—
75c
.:>■Dresser Industries, Inc com. (quar.)
30c
3%%;t $>refei'red (initial quar.)___
9334c
Driver-Harris Co. (quar.)
—______
60c
7%
y.Dravo
12-10*
1
Textile
Dominion
1-11
I-
x
(quar.)—_
Dominion Malting CO., common (quar.)
Dominion Stores, Ltd. (increased)
—
*
11-24
1
$44o
$20c
__^___
non-cumulative
5%
6
9-
.
12-3
-Dominion Dairies, Ltd.—
5-15
.
8
8
2-
5%
V
.12- 2
50c
3-1-46
12-15
11-26
1
25c
75c
12-24
•
12-20
6-
2-
2-
3-1-46
$1.50
-
11-17
2-15
;
$1.25
.
-5%
1
37%c
^;t.Extra'
v
■_
.'12-
-37%C"
;
Brach (E; J.) At Sons (quar.
■
-11-24
11-30
-•
4
1
$1.25
;—:
.(quar.)
Coast Counties Gas & Electric—
y;
11-23
•
12-28
$1.50
.50
Bower Roller
12-10
7
Special
,
12- 8
■
conv. class A pief.
(interim)______
t$l.50
Corp.-Seagrams, com. (quar.)____
$55V2o
preferred (quar.) ______
t$1.25
-Dixie Cup Co., class A (quar.)62%C
Dixon (Joseph) Crucible (year-end) ________
$1
-
11^10
3-
$1.25
__
Cleveland Hobbing
11-30
2
-40c
.
Boston -Wharf Co.' (year-end) __________
Boston Woven Hose & Rubber Co. (special)-
*
11-30
50c
•.
-•
—
Distillers
6
12-
11-30
25C
(quar.)
12-10
(
6
12-
11-30
20c
11-20
3-
11-30
12-15
Diana Stores Corp new (initial) —_________ •'
Disher Steel Construction Co., Ltd.—'.
:■
11-20
12-
2
2
12-15
Cp., 6% partlclp. pfd. (s-a)
participating preferred (s-a; —,
yVy 6%
11-
20c
11-30
—25c
—_■
Alkali: Co.
1- ,2
5q
•_
—^
(quar.)___^
Extra
•Diamond
12-19
12-18
$1.25
—
Financial
T
$3"
_______
preferred (quar.)
preferred; (quar.)__.
5%
i-5 %
11-29*
12-31
$2.25
__
Co.- (quar.)
Herald-Traveler
"
(quar.)
common
Oil
11-30
1-2
40c
Diamond Match
$1.75 :a .1- 2
75c
.12-14
1- 2
$1.25
;
—
Ry., common (reduced)
5% preferred (quar.)
5% preferred (quar.)
Clark
12-17
■■
(quar.)
;/cv^7% 2nd preferired (s-a)_
1
12-22
$3
$2.50
'
♦
B
Year-end
Devonian
8
12-
12-19
10c
&
Class
.
0/ Reo.
payable
,
Products W--—,
Raynolds new class A (quar.)——
Year-end
Devoe
Holder*
When,
'
Share
25c
i
—
3*
15c
Per
"■
■
flame ot Company
Steel
Detroit
1
3
15c
!
(City Investing 5%.% preferred (ijuar.)
City of Paris Dry Goods Co.—
-
_______
*
-
.
12-21
12-26
A,{ v
12-15
Inc.,;' mmmnn
r.
.
__35C
4% %• convertible preferred (quar.)
If 2
$1.12 %
Borne-Scrymser Co. (year-end)—$1.75 ;i; 12-15
••
■
C
•.•$1.75 m:. 1-2
•
-1
J
,
$1.50
___;
< quar.) ________
'
..
11-10
20c
,..
.
BlUmenthaF(8idney) <K Co.-^«ii„
'7%
5
12-15
"
f
1- 2
,
—_
Oihcinnbtl Ga$ '& Electric Co., 5% pfd. A__ .•(.
Cincinnati New Orleans & Texas Pacific
7
12-15
;
^
,;
7% preferred
Chrysler 'Corp.'
3
$1.50
.& 10c
-
__
;
__________
12-
2
15c
_
_____
"■
11-20
75p
v___
—.—
12-7
Chile Copper Co. (year-end)____
—;
abac $1. :;rl2-l€
Christiana Securities, common (year-end)$29.55 Jg»l2-15
-
Blackhawk :Brewing
(year-end)__
Blaw-Knox Company _~t
"«Blocn Brothers Tobacco Co^
,J"
6%
preferred (quar.)__
1-
V-
'
8
12-
12-14
___
:t
v
11-20
$$1.75
preferred
(quar.)___
1- 2
12- 4
250
.
V
^
ot Rep.
Chicago South Shore & South Bend RR.—
12-15
■;ViV 30c
Quarterly
_________________
1- 2
$3
Chicago Title & Trust Co. (increased)
12- 5
$2
Chicago Towel Co., common (year-end)___—iii w
$7 preference (quar.) ________—$1.75
f 12- 5
Chickasha Cotton Oil
(quar.)
______
1-15-46
Quarterly
—25c 4-15-46
Chiksan Tool Co.i___*.___—
i_ .v.o)j2%C' '^12-20
..
.
11-30
Stock
♦.
i
12-5
1- 2
'.:■■
50o
':il» 2
7%
Order
Mail
Extra
Holdert
;1 Payabla
75c
,
.
( Chicago & North Western Ry., com. (irreg.)
-5% preferred series A vtc (irreg.) ___—
11-30
Bell Aircraft Corp.^>„>.__^^__^_
<"
•
12-19
-
Packing Co. (quar.; i;
y'
Special
Chicago
-
(quar.)_„________„____
Ties
Share
,
-
1
12-15
$i
y 37%c
'
$$1
_
<
12-
10c
V-
*
•
__
Belding Corticelli, Ltd.,
<■
8
50c
Brummel
of Company
'
■"Extra
( Beau
1-
.
20c
Bath Iron Works
Corp
Bay.uk Cigars, Inc.
Name
'
y (:■ Chesapeake" &• Ohio; Ry. .Co
—
Chestnut Hill RR.
(quar.)
;
Chicago Corporation, com. (initial)
Chicago & Eastern 111. RR. class A (yr.-end)
12-19*
2
Co.
(quar.)
Refractories, Inc. (quar.)
Basic
3
1-15
j__—
Barnsdall
When
Per
^
-
•
Bankers Bond & Mtge. Guaranty of Amer._
100
Bankers Trust Co. (N. Y.)
(quar.)_
>35c
Barber (W.' H.) Co. (extra50c
Barber Ellis Co.
1
.
2681
FINANCIAL CHRONICLE
$5
preferred
.General
-
Class
A
pfd.
$1.25
75c
(quar.)—
common—-.
(quar,)
(year-end)
(year-end)—---^---^---.*—--.-*
Phoenix
Corp.,
11-30
11-30
common
;
12-28
$1.25
5%
5
12-21
12-21
2-1
1
12-18
12-10
11-15
1-7
;
25c
12-15
12-
5
25c
12-15
12-
5
y
THE COMMERCIAL & FINANCIAL
2682
v
■
■
•
,
General
Gisholt
Reinsurance
Machine
Gleaner
-'Vvter
7
Name of Company
..
Corp.____-___
(quar-)
r——;
Corp._______________—-
Harvester
*
Extra
(quar.)___—
commpn
12-
Jewell Tea Co.,
11-90
12-2Q
Special
1
4'Aft
12-12
1-2
12-11
Laughlin Steel Corp., com. (quar.)
5 ft preferred A
(quar.)__—...—
5% preferred B (quar.)....—
Joseph & Feiss Co. (year-end)
—
1-
2
12-11
12-12
11-21
12-21
12-
12-31
12-17
7
5% preferred (quar.)
Gorton-Pew
— __—_—_
(quar.)
——-v
(quaf.)__—
Fisheries
.
■■;
-'J.
•V
(quar.)—I.——
■
Quarterly
Extra
;
12-31
1
->———
8-
1
30c
10c
8-
1
————i
.
Indemnity
Ltd.—
Great Lakes Paper Co.)
;
.
■
12-15
1-25
$6
1-25'
—
11-20
12-27
Kern
*
Grlesedieck Western Brewery
$75c
t75c
$1.50
25c
,
11- 9
11-30
12- 3
12-20
12-10
12-10
Kingston
12-17
12-
Klein
Halifax Insurance Co.
—
____
30c
$1.12y2
.,
Hammermill Paper 4% preferred (quar.)—
Common (quar-) -v—-25c
Hamilton Watch Co., common (year end)—
50c
Harrisburg
Railway
Harshaw Chemical
Co.,
—
(quar.).;
—]
Heywood-Wakefield Co., common
Hibbard Spencer Bartlett & Co.
Monthly
Monthly
r
(year-end)
13-12
25c
$1.25
12-15
II-27
50c
\
$1
25c
5%:
"
preferred
'
>
Fopd
±ioc
^
2
1-
1
12-10
3-
1
12-
7
J20c
1-15
12-15
t37'/2c
1-15
12-15
12-
1
12-10
11-30*
11-29
30c
12-15
10-15
7
12-17
65c
1-15
12-17
4oc
12-20
11-29
$4
1-
12-20 :
11-9
4'/a% , preferred (quar.)i$i.i2y2
1-
2
12-7
6%
Ltd
t40e
Creek
(quar.)
Coal, common
Copper
Jaeger Machine Co.
Jamaica
Public
12- 1
12-15
12-
1
$102
preferred
12-15
12-
1
1-
11-30
-
12-15
11-30
50c
12-15
$150
II
—II.
1-
(quar.)
~~~
Nashville
L_
12-17
12-15
12-1
12-15
1-
11-30
12-14
"
1- 2
1-
1-
6M2 ft
Company,
(year-end)
M. & M.
pfd.
5ft
conv.
Melchers
50c
$125
i50
1- 2
11-30
12-10
11-20
12-31
12-15
12-15
II-26
'
Telegraph Co.
,
,
(s-a)
7
11-5
7
11-30
12-15
Consolidated
11-19
Ilr30
12-15
12-
12-iO ;
11-23
12-17
1-
(B.)
Co.
r
•
12-
1
preferred
5ft
National
City
11-30
National
Container
9
12-17
11-16
f2-21
11-30
12-21
11-30
12-29
12-10
12-15
12-
1*
1
1-2-46
1-
2
1- 2
12v
8
11-24
11-30
12-10
1212-
3
1-
2
12-15
.
1-11
3
11-6
Neisner
Extra
.
12-24
11-23
2
12-24
12-10
1-
/
2
12-15
7
Common
11-30
11-
7.
North
11-20
—-—-—-
10c
11-20
77
5ft pfd. (s-a)____
partic. pfd—__—
62M2c
$30c
U 2
12-15
7
12-31
11-30
Aviation
American Car
Common
A."'' -:
-
,7
<
•
11-20
11-20
,11-15
12-' 2
11-9
60c
12- 1
2-1
1-15
12-22
11-24
:t6c
(quar.)
(year-end)_______
$6 .pfd. A___—
r
t$l
12-14
12-10
12-19
1~ 2
1- 2
12-10
-12-10
$?.50
$1
>; $1.50
B__________—$1.50
—_____________
30c
—
Co.,
common
(stock
20(5
preferred
(quar.
11-15
U-15
11-14
11-27
,
11-28
11-28
div.)
—1- 2
717/bC
1- 2
12^ 3
12-10
Corp.—
32-3
12-12
12-3i
12-12
preferred (accum.)—
_____
$6.15
preferred (acciim.)$5.63%
North American Rayon, class A (year-end)
75c
Class B (year-end)___—_
75c
6% preferred (quar.)—;
:75c
North Pennsylvania RR. Co. (quar.)
—
$1
*}
11-30
$1.25
12-12
1
6
11-20
-•
2
12-
,
$1
2
12-1
12-
11-20
1-
12- 5
12-' I
12-5
11-30
1-
12- 5
11-17
12-1
12- 1
12-10
12-1
<
1-15
12-14
6%
12-20
5V2%
.
11-30
11-17
12-15
share Pac.
5%%
7
11-30
12-15
.
(quar.)
American
7
12-
—
Gas & Elec. for each 100
shares North American held_______—
one
1
17:
12-
12- 1
Extra
North
12-15
12-1
11-10
1212-:
50c
$9.50
$1
50o
<
■
North American Investment
u
11-20
:_.—.—
___i
preferred
$6
7
20c
11-16
11-30
$1.27%
preferred
North American
7
30o
25e
Corp.—
Norfolk & Western Railway Co., com.
1
12-4
3
11-20
25c
U—---w -'
(quar.)
Nipissing Mines Co. (year-end)
Noranda Mines, Ltd. (quar.)—
$5
12-10
11-28
12-15
12-
35o
(quar.)
preferred (quar.);——
Newport News Shipbuilding & Dry Dock Co.
12-
(quar.)————
*■
5.10%
/
12-
$1.25
(quar.)
_____
11-24
2
Inc.
New York State Electric & Gas
11-19
12-10
1-
Bros,,
'
preferred
3
11-26
1_- I
25c
$1.25
Company
5%
7, New Bedfoid Cordage, common——— 7
1ft preferred (s-a) —
_i——-—— ,7
New Jersey Zinc Co. (irreg.)—
——.«; New York Air Brake Co. .(quar.)____
New York Central RR.
(year-end)
12-10
12-15
25c
..
1-2
12-21
12-10
12-
;
'
12-15
'•i
11-30
Transit Co.,
Nelman-Marcus
12-15
12-26
,
11-30
12-
$1.02
$1.11, ,12^:8
15c. v 32- I
prior pfd
Co;,
Niles-Bement-Pond
3
12-26
Tea
.
<
11-30
12-10
Corp.____
11-19
:
(year-end) ——
35c
J 2-15
Natomas
Company
(irreg.)
60c
12* 1
Neptune Meter Co., class A (year-end)
25c
12-15
Class ..B (year-end)
*
25c ' 12-15
New England Tel, & Tel. (quar.)^.,—$1.50
12-29
;Newberty 'J. J) Co. (quar.)12-21^
Newmont Mining Corp.
(quar.) __—_—r.—
37 /2c
12-17
Newport Industries, Inc.
20c
12-15
Nebraska Power Co., 6%
preferred (qua?.)
$1.60
12- 1
;
7% preferred (quar.)—
—_.—$1.75
12- 1 ,
7 Negus Mines, Ltd.
(lnterim)7_r---^*--rl-r-' ■ >*2 /2c ., 12-15 <
Niagara Wire Weaving Co., Ltd. (quar.)
T25c
1- 2
11-24
12-17
Electric
&
National Terminals Corp.—
National
12* 7
12-
Gas
National
:
11-30
8
preferred
Supply Co., 5'A ft
'"6ft prior preferred
"«
11-28
12-12
Cylinder Gas Co., common (quar.):
20c
Dairy Products Corp.—
35c
Discount, common (quar.)—50c
National
10-31
12-
1
li-,6*
16c
25c
;
11-19
12-15
12-10
11-15
12-8
10-31
12-11
12-5
.12-
12-lo
12-15
1- 2
$2-20
.12- 0
12* 8
1
12-15
.
National
Radiator Co.__
—
—
7 National Rubber Machinery——————
5
12-15
25c
1- 2
12-20
12-31
12-15
12-10
50c
$1.75
25c
12-15
12-13
;
25c
iquar.)—
Corp. (increased)
12-15
12-157-, 712^1;;
Folding Box Co.. common (irreg.)_
National Lead Co., 7% preferred A (quar.)_
National Linen Service Corp. (quar.)
12-15
12-
Lines
National
1
)—.
pfd. Class C
Register (year-end)—
Co., Inc., $7 pfd. (quar.)__
12-15
l«-;2;!
30o.
1- 2
12-17
5%
National
1
12-15
..■
,
"
<;;7 25c
$1.75
.
25c
$1.75
(quar.)——
National Fire Insurance (Hartford),
(quar.)
1
(s-a)—
,
30c
1-2
12-17
National
12-22
12-15
:
1
7
50c
15c
National
7v
11-30
12-
11-19
$1.25
7'
2
preferred
1st preferred
3
11-15
12-10
>12-10
12-10
12-10
National
•
1-
Mercantile Acceptance Corp. of California—
6% preferred (quar.)-—.
——
5%
Nashua Manufacturing Co., 7%
11-30
15c
pfd.
6pc priPfr<P^e»TPd:7-^---------tr----------.,
12-21
1-
11-16 ;
11-15
12-10
'
2nd
-
Cash
12-15
4
12-19
11-30
12-k<l
non-cum,
Casket
12-15
10c
30c
(initial).
National
11-
12-:4^
12-
Corp.
5%
National
12-
,
11-24
12-1
preferred13- 1
11-24
12-
—
11-24
12rl0"
l2-15
$l
■
Nachman
1-15
^■
1st
«;■ ;
1-1
'
conv.
1-15
.
12-17
Memphis Natural Gas (irreg.)——Mengel Company, common (quar.)
Extra
,
$1
——
Telephone Co.,
6%
Distilleries
6%
rMutual. Investors
10c
—_—
:
l-,4
12-1
,
$%\preferred-
$1.25
;
15c
(quar.)
7
*7' >v '
,25c7; 12*10.1
;
Mutual Chemical Co., of America-^—
11-30
35c
12-18
12-28
.
;
12-10
20c
Mead Corp., common——-—;
Extra
>
12-13
$$1.11
5c
,
1
12-22
1-
,
..
11*15 7
$1 1-12-46'-
15c
50c 7, 12-15,
...
Supply Co———
12-20
$1.46
(year-end)_-—
Ltd. (extra)
;
_____
Mountain Producers
12-31
Co.
Publishing
11-15
•
■
Mountain Fuel
12-10
$$1.25
15c
———-——_
12- 5
7,ViC Z'12»15-'
25c
1-2-46
,
'Ac
i YtC
- iS:
J3c
A% $2 .'
(s-a)
7
(s-a)
________
25e
12-15
11-15
Muncie Water Works Co., 8% pfd. (quar.)__
$2 • 12-15 712- 1
f Murphy
(G. C.): CO.,: coih; (extra)-_i.—,
7 50c
12--21* 12-10
-I
12-21...
4%% preferred (quar.)
$1.18% . ■ ■ I- 2.
11-20
Murray Corp. of America (year-end)
:
50c "■ 12- 4
11-28
Muskegon Piston Ring Co. (year-end)
25c
12-15
-12-,I
Muskogee Company, common (year-end)
65c
12-12
11-24
2
1-
12-10
12-15
,
".'11*157;
,
11-20
;
88c;
$12y2c
$1.50
$1.62Vi
?0c
$3
40c
25c
12-;7;
12-15
,.
V
12-15
12-14
15c
25c
commbn (quar.)
$4 preferred (quar.)—___————
McKinney Manufacturing Co, (initial)
Meadville
li-30
12-15
12- 5 7
25c
$1.75
12MiC
10c
(quar.)
s
McGraw-Hill
11-30
11-30
12-15
10c
—_
—
Mclntyre Porcupine Mines,
McKesson & Robbins, Inc.,
11-30
11-30
12-21
1 7
11-30*
(quar.)^—
;—
& Sales Co. (quar.)_
Jt ,2
J.2-20
3?yac
12-
,
.»
12-15
12-15
,
::$2
' 50c
7r
(quar.)
.
12-. 7
yJMontreai Refrigeration St Rtorage—
7
,• / v
•
7
•: 5% .'1st preferred 7^7—$LS0 -r ,l|r22: !.
7 ft 2nd preferred __—_____—-—
^ 77
70c *12-22
Morgan Engineering, prior preferred (quar.)
62%c 1- 2,
Morgan (J. P.) & Co., Inc.___—
$2
12-14
;
Motor Wheel Corp.
730P
wMount.Diablo;.Gil,Mining it Develop* Co.-e-^^.. 7 v
■■Quarterly
IC
1J« 3
>
■
TCv<;ra "
:■
'' v'Vv
10 "7.12- 3
12-12
7
'7 1- 1
$1
35c
Matson Navigation Co. (year-end).—-—60c
McColl-Frontenac Oil Co., Ltd. (year-end)—
$50c
1-2
2
5
12-31
I0o /
50c
(s-a)
12*20
.
11-30*
Massachusetts Plate Glass In.sur. (irreg.)
Master Electric Co. (quar.)— i—■
12-10
2
5
11-23
(year-end) —
50c
Marconi International Marine Communica¬
tion Co., Ltd., Amer. dep. receipts (final)
2Mi% "
Martin (Glenn L.) Co. (s-a)—
V $1.50
Masonite Corp.,
common
(quar.)—v
25c
Massachusetts Investors Trust (year-end)—
50e •'
371/2C
1- 2
12-
12-15
Co.
St Abingdon
Manischewitz
11-17-
1-
__________
11-26
2
1-
12-14
J
Co,^ (quar.)-uv-.
RR.
Mortgage Co.
preferred
11^ 5
1-
I
11-15
12-10
______——
$5
8
X$1 75
(quar.)
12-15
-
12-. 1
■
50c
12-:i:
.
—
11-15
12-11
,
12r20
,
1-15
12-14
;
25c
preferred (quar.)—_—-—
.;—, > $1.25
Magma Copper Co—<_—.____—s—
—
12V2c
Mahon (R. C.)
Co. (increased quar.)
•
50c
Mallory (P. R.) & Co., common (year-end) _
40c
4'Aft convertible preferred
—$0.265625
Mangel Stores Corp. common (initial)—i— ^
25c
Year-end _i__^
25c
12-20
preference B (quar.)—xVVac/0
preference C (quar.)__^
Cii/*4
pieference D (quar,)
——xVA%
Jamaica Water Supply, common
_
Jefferson Bake Sulphur (initial).
&
12-
7%
(quar.)
J.
30c
5%
preferred
2
12-14
#
12-15
20c'
±4C
5%
$5
&
(Walter M.)
I7r
—
'
com.
1
2
371/
(quar.)
7% preferred A (quar.)
I- 2
12-
'
$2 25
—
Service,
12-15
—
$6
Isle Royal
1-17
12-15
$l.loy2
arrears-:
Ltd
3
50c
-
Co.,
(lrreg.)
12-
$1 10
-
preferred (quar.)
Island Mountain Mines
12-31
7
$1.19
(year-end)
pfd (accum')—
preferred
Island
•••'
$5
12-11
I2>/2c
X
2
—
__
12-15 ;
1- 2
12-15
50c
Common
Extra:..
r
%
-
25c
.
12-22
Magazine Repeating Razor Co.—
Common (quar.)
.——
$1.50
12-
6%
—
(quar.)-^
,60c
7
.
'
(year-end)
(P.) Co., common
preferred (quar.)—i.
(quar.).
•
1- 2
2-
;
—
2
preferred (accum.)_
(John) Shpe Corp.,
This payment clears all
11-20
12-15
;•
„
Mines, Ltd. (quar.)
Mack Trucks (year-end
MacKinnon Structural Steel Co., Ltd.—
5ft preferred (quar.)_
Macmillan Petroleum Corp
12-15
1-
Irving
11-20
12-12
.
(quar.)—
Macassa
12-12
$40c
6 %
,
1'
12-24
V—'1
Interstate Natural Gas
pfd.
Extra
12-~5
30c
Io»'a Southern Utilities 1%
6Va% preferred (accum.)
12-12
1
1
,<
preferred
(Irregular)
.$1.25
:12.18 7 11-16 V
.Mississippi Power CO., $6 preferred (quar.) ;7$1.50 'A 1*27
12-20
11-30 >
I Missouri Kansas Pipe Line, com. (year-end) 77 : 60c
12-17
i7 Class; BJvlyear-end)■ 6c\:c12t17
11-30
Mitchell (Robert) Co.; Ltd—^
11-15
$$1 7-12-15
Modine Manufacturing Co. (quar.)
50c
12-30 s 12-11
11-23
Mohawk Carpet Mills, Inc. (quar.)i—
50c
12-10
712-! 3 7
Mojud Hosiery Co., common
20c . 12- 7
12-15
5ft preferred (quar.)
;—; 62%.c
71- 2
11-30 7
.Molsons Brewery, Ltd.
(quar.)125c
12-20
12- .4
Molybdenum Corp. of America (quar.)——
12Vfec
12-21
Monarch Knitting Co., Ltd., 7% pref. (quar.)
11-237
t$1.75
1*1-46
2-22
7ft preference (quar.)
—:
$$1.75 4-1-46
11-23
5% preference (quar.)—h
$$1.25
1-1-46
2-22
7
5% preference (quar.)_
—
f$1.25 4-1-46
; Moneta
11-15
Porcupine Mines—
:__——
f2c
12-15
11-15
Montreal Cottons, Ltd., common (quar.)
A t$l
12-15
11-15
;
7% preferred (guar.) ——
—t$1.75
12-15
11-30
Montreal Light Heat & Power Consolidated
$25c
1- 2
11-30
Montreal Loan & Mortgage iquar.)__».-.<.^-;
$3iy4C
$2-15.
11-24
M.
12-14
12-15
3-9-46
(InerT
International Nickel Co. of Canada,
International Utilities (year-end)—
12-15
12-10
Common
11-13
50c
International Match Realization Co., Ltd.—
.
12-24
5
Lykens Valley RR. 8t Coal (s-a)——
Lyon Metal Products (quar.) ——-
9-21
25c
;
liquidating
12-15
$1.10
—^.
50c
Lock Joint Pipe.Co., B% pfd. (quar.)__i.__^
$2
Monthly——_—i.*.
<:
$i
Locomotive Firebox Co; (year-end) __—75c
Lynchburg
12-18
$1.62Ms
(quar.)
International Metal Industries, com.
11-30
12-
1-
—_
Little Miami RR, (originial stock)
Special stock (quar.)
Lunkenheimer
12-10
$1.62V2
International Cigar Machinery (quar.)
International Educational
Publishing—
$3.50 preferred (accum.)
International Furniture Co. (initial)
Vtc
12-20
■?' 12-31
;-7-
11-20
.
Mission Corporation
12-22
Extra-
7
12-10
Minneapolia & St. ,Loius»Ry. Co._-_^—7---
;
11-30
Lowney
30c
__
w..
12-
1
11-30
12-
Angeles Transit Lines, common
Louisiana Land & Exploration (quar.)
«
^
12-20
12-15
Louisville Title
$125
_
6% preferred (accum.)
Inspiration Consolidated Copper-.
International Bronze Powders, com. (quar.")
6% partic. preferred (quar.)
International Business Machines (quar.)
com.
1-
'61c
1
.
—
12-20
12- 1
25c
50C
• 35c
40c
J40c
25c
12'Ac
< 15c
100%
$1,75
b
Los
1- 2
3%
pfd; (accum.)
Industrial Silica Corp., 6% pfd.
(accum.)—
'
7
12-10
$2
p.
12-15
12-15
^
2-1-46
7ft
12-13
12-30
11-30
x
pfd. A (quar.)-
Lorillard
7
6
$1.25
70c
1st
—
12-
12-
25c
(k Hart; Inc., *$1 pripr pfd. (irreg.)—
Miller Mahufacturlng Co., common—
11-28
(interim)—
Ludlow Manufacturing
Industrial Brownhoist Corp.—
Year-end
12-
15c
(year-end)—
International Harvester Co.,
11-20
12-21
37%c
(quar.)—
Indiana Associated Telephone, $5 pfdIndianapolis
Railways,
Inc.Indiapapolis Water 5% pfd. A (quar.)—
vi
12-10
12-11
$5c
Liquid Carbonic Corp., 4'Aft
Louisville
preferred-^
—
(quar.)———
Loft Candy Corp.:.
Lone Star Gas Co.
*12-20
t50c
(leased lines) (s-a)«—
Chemical Industries, Ltd.—
conv.
2
27&C
Ordinary shares (interim).
Imperial Tobacco of Canada
60c
1-
62"Ac
Illinois Central RR.
Imperial
11-30
12-21
90c
Humble Oil & Refining (quar.)
Hygrade
;
-
12-13
40c
—
^- ■"
(quar.)
Products
11-26
1
12-15
1?-1T
12-;i
-
?•
1.32-12
—.
25c
10c
$1.12Mi
Oil; Company
Extra
Little Lac Gold Mines
v1
56t4c
Houston Oil Field Materials $1.50 pfd
Hudson Bay Mining St Smelting Co., Ltd.—
preferred
lion
12- 5
2
:.l- 2
12-21
——
Class
A
<quar.)_"_--y.—4Minneapolis ^Brewing (year^nd)—^—.—.
v MinneapolisVHoneywell Regulator C0r-t-».
12-11
15c
Lily-Tulip Cup Corp.———
1-
12-: 1
12-10
\
:,v.
Miller
'
12-11
v;
?TAc '
Liggett & Myers Tobacco 7%
,
quar.)
Houston Lighting St Power Co. (quar.)
Natural Gas, common
5% preferred (quar.)
Manufacturing 6%
Huttig Sash & Door. Co.—
12- 5
12-12
2
V 62Mic
$2.50 preferred (quar.)_
(H. D.) Company (quar.)——■
12- 5
12-
12- ,5
12-10
;
%
11-20
$1.75
35c
(quar.)
7v;7''.8%: i>referredj
7: -.f iPartfcipf ting,^^—
11-26
•
l-r .2
1-
12-15
,,,
12-5
12-18*
'
12-10
•
2
>.
i,'
12-31
12-28'
preferred
7 ft
7 Midwest. Oil Co., common
r
13-24
?; 11-30
12-15
:
< s-a)—' $3 "■
preferred
12-17
11-20
20c
>
12-29
25c
(quar.)__—
12-15
12-31
25c
Houston
Hunter
12-6
12-15
$1.06'A
?''■
;
Quarterly
1-15
12-17
.12-14
1- 4
12-15
62 y2c
(quar.)__u——_
Z Mldvald Co;
11-24
11-30
12-28
-
•
11-30
$2MtC
25c
$1
•
Company (quar.)
Brothers, Ltd. (year-end)—
Libbey-Qwens-Ford Glass (year-end)
Liberty Fabrics of New York (initial)-^—Life & Casualty Insurance (Tenn.)
(quar.)_
Life Saver Corp. (stock dividend),-—,:
15c
(quar.)—
Co.
(quar?)_
"
Leslie Salt
12-5
3
:
12-10
t
$2.40'
11-30
12-22
~ .
17I 50c
J
25e
common^-——-
Levy
1-25
Co.
& Thermit Corp.,
$2 conv. pfd. (accum.)—
Midland.Steel Products Co., common (quar.)
$2 non-cumulative preferred
8% .jpreferred7
13-15
1-
12-20
$1;50
(accum;)^.
Lehigh Coal & Navigation.——
Lehn & Fink Products (quar.)
11-26
1-
pfd.
Lee
12-11
12-15
3
12-22
6O0
*
Leath" & Co., common
;
75c
—25c
(initial
12-10
12-21
preferred
Extra-'
12-12
$1
Houdaille-Hershey Corp.-^-
<
12-12
,-i
Hstel De Salle, Inc.-—-—
€%
3
■;
6%
(s-a)__—,
Inc.
Bleachery Sf Dye Works (year-end)—
Lang (John A.) & Sons (quar.)
—
Lanova
Corporation
(year-end)
Lawyers Tit)e Insurance Corp. <Va.)— :
-'
12-15
12-22
—
,
5%
12-
12-22
(year-end)
.Hooker Electrochemical, $4.25 pfd.
Border's Inc., (year-end) !
Horn & Hardart Co. (N. Y.)—
-
2
,1- 2
20c
.
Midland Oil Corp.,
,
Lanett
12- 3
1-
12-31
Co.,
Industries,
Lane-Wells
1
12-22
Home Title Guaranty Co. (Brooklyn)—
Honolulu Oil Corp. (year-end)
conv.
12-14
•'
15c
—
,
France
$2-50
11-10
15c
—
$2.25
12-10
30c v:
Hoe (R.) & Co., $4 class A (accum.)
Hollander (A.) & Sons, Inc. (quar.)
Stock dividend'-----
.
12-
$3.50
•
12-13
30c
20c
(increased)
Co.
—
Extra
Lamson & Sessions Co.,
12-14*
v'v
_______
Common
2
13- 1
12- 1
12-24
7% preferred
^ ■ \ 14e
Ltd. (quar.)
-j - 20c
Lakey Foundry & Machine Co.—
10c
Lambert Co. (quar.)
—____—<
37 %c
5
25c
—
12-15
Lake Shore Mines,
12-18
1-
12-15
I 11-30
La Plant-Choate Manufacturing Co., Inc.—,
"
25c
_____ ______———______ ___
Hilo Electric Light, common
Hinde Si Dauch Paper Co. com.
$4 conv. preferred (quar.)
La
12-22
••
(S. S.)
„
I-15
12-15
Machine
<
12-14 7
pfd. (quar.97y2c v
1- 2"
12-: 3
Metropolitan Paving Brick, 7% preterred_^_>.<
$91
1-1-46 <
k
Michigan Public. Service-*1
: i
k yuV
$6 Junior, preferred (guar.)—7—;—.,,-l, $1.50 ' -. 1- 2.
12-15 7
6 ft, preferred series 1940
(qupr.)
—- $1.50
It 2<; 12-15
6ft preferred (quar.)$1.50
7- 12-15;.
v^- 7.ft' preferred.
.^1.75 --W "-1*: 2.7 12-15 v
Mickelberry's Food Products, com. (year-end)
25c 71-2
12-10 7
11-15
12-17
12-12
11-24
$1
—
—
l
:
—j
Rubber
B.)
12-10
i.:/-!- 2
Corp,
7 Meteor Motor Car CO
Metropolitan, Edison 3.9%
i
12-14
1
1-3
250
5%
Kupperheimer (B.)
40c
(quar.)
7
I
;—
12-15
37%c
Oil
Common, (quar.)
:
9
25o
(quar.)
2
1-2
••
1-
10c
.
1-
12-
2-
12-15
Kroger Grocery & Baking-r- ,
s
♦
6ft 1st preferred (quar.)___
$1.50
7% 2nd preferred (guar.)—,—' $1.75
75c
40c
50c
——
12-15
12-15
25c
—
12-10
11-30
_______
Hewitt Rubber Corp.
,
11-28
$1
2
,
,
37'/2c
:J12y2c
;
2
1
v
,
$2
(quar.)
common
2
2-
12-15
2-15
>
1-
12-14
_______
——
:
1-
1- 5
$1.25
(I.
Extra
11-26
2014 c
-
_
(s-a)
Kresge
11-23
Corporation
(year-end)—
Hecla Mining Co. (quar.)
Helleman (G.) Brewing, common
Year-end
——;
Hein-Wemer Motor Parts Corp. (year-end)
Extra
7% preferred
5
11-16
1-19
Mesta
Metal
«
12- 5
12-20
Co., common (quar.)
;
5o s.
:Extra'.-'__—2'>4o
12-20
12-21
&
Messer
15o
—.X,25c
'11750
Stock dividend
11-23
Hazeltine
•
11-16
12-15
______________—;——
,
11-30
12-15
,
Knudsen Creamery
12-15
common.,
Hershey Creamery Co., common
Kleinert
$1.50
15c
Hartford Electric
Light———.
JHartman Tobacco $4 jpreferred (quar.)
$3 non-cumulative preferred (quar.)
Hayerty Furniture, $1.50 preferred (quar.)Hazel-Atlas Glass Co- (quar.)
7
2-13
12-12
12-15
1
(quar.)
12-. 7
12-7
,
-
(year-end)
& Co., Inc.
12-10
$1
___.—__
Emil)
(D.
12-10
:
12-14
12-14
11-30
,
^
(irreg.)——_.
Lights-
Products
1- 2
2
A
12-24
11-30
I
25jp;
5
25c
;4% convertible preferred (quar.)
Harbison-Walker Refractories Co.—
6% preferred (quar.)—
12-10
;—
12-20
t40c
(s-a)
Haloid-Company (year-end)
12-15
(year-end)_._
(quar.)___
:—______—
3-1-46
1-
7- -v._3L.77
Company, common (quar.)—-—25c
AVzft preferred. (quar.>___^,i____w—, $1.12Mi
-Weft
preferred
(quar.).—7 $I_81
v1 Merrimac Hat Corp., common (extra)—
..
25c
Messenger
Corp.
25c
12- 3
-
12-20
12-10
'
•
60c
______________—-■—————————-————
of Beo.
12-3
,
12-12
Merck
12-3
4y2 %> prefened (quar^)4A——■-a^ $l,12Mi'v "•1- 2
12-15
King-Seeley Corp., common
/ 20c
> '/'l- 2 ::
5%j convertible preferred (quar.)—r--——»
1
I-
5ft
\
(stock
7%
'
25c
Extra
,
1-2
Co., common.
Co.,
12V2c
11-30
common
Mill (quar.)
Kimberly-Clark Corp.,
ii-30
12-26
Class
3
12-
(quar.)__________—$1.50
B
Co.,
County Land Co.
12-10
75c
5% %• convertible preferred (quar.)—34 %c
Gro-Cork Rubber Co.——
10c
Gulf Mobile & Ohio RR. $5 preferred
$2.50
Gulf Oil Corp., common (quar.)—
25c
Special
25c
Gulf Power Co., $6 preferred (quar.)
$1.50
Bale Brothers Stores (year-end)——.
$1
;
*12-26
12-
,
•12-10
Kilburn
,
2
1
11-27
12-15
$1
Kerr Addison Gold Mines (interim)—
$5c
Keystone Pipe St Supply .5% preferred (s-a)
,
$2.50
Keystone Steel St Wire (quar.)
—30c
.
^
1-
20c
;;''•/>
Kennecott Copper Corp. (quar.)
Hxtra.
.
12-15
12-10
12-
<;
2
;V
$1
$1.50
Common
11-30
•
New. York
:
div.)
25 ft. ' 12-10
pfd.—$3.50 ;; 2-1
Merchants.Jj Miners Transportation (quar.)
50c
12-28
Merchants Refrigeration, common
(quar.)_
12V2c
12-12
.; 1-18
-
12-10
37Mic
$1.12y2
Kaufmann Department Stores (yearrend)__
50c
Kayser (Julius) &c Co._
-l&A 40c
Kellogg Company, common (year-end)
/ ;
25c
Drug
$4.50 preferred
11-30
$1,50
preferred
Great West Saddlery Ltd.— •
6%
1st preferred (quar.)—
6% 2nd preferred (quar.),.—
Green (D.)
Co., 6% preferred__
Greene Cananea Copper
——Greenfield Tap ft pie, "common (year-end)-Stock dividend (l/20th of a share)-—
Great Northern Ry. Co.,
7
1-
2c
-—,30c
___.2_._i__—• ■>'- r,, 5c
(quar.)
pieferred
Katz
4-24
7-25
7-35
1?-31
1-
20c
Common
of
Payable
'
11-19
112-31
.
■
Bank
Hoiaere
When
.
Share
.
__.
Extra
Common, (quar.)
Kansas City Power &
>
$2 class A partic. preference (accuitt.))-^
t75c
$2 class j preference (accum.)) ———y————,
J759
Great Northern Iron Ore Properties—
7
.
Year-end
-i
i
>'v $1.50
•
Merchants
Merchahts Fire Insurance
Calamazpo Vegetable Parchment Co.—••
12-22
4-24
1
'
K .W
1
12-
5-
.'V—
'•■■'•.vi
■
12-
12-15
-
f
Per
•
_
Justrlte Manufacturings common
Battery Co., (extra)—
.
'
——————30 c
———
Great American
1
30c
———-—'f—.————'——r-———i—.
Quarterly
1
12-
30q ;
.v ^
Extra
12-
12-31
75c :j 1- 2
12-10
35c
2- 1
30c,
2- 1
30c >
—
Grand Union Co.—————
Graniteville Co.
11-15
.
t$1.75
$62 %c
■
50c
v.,
;
,
Joslyn Manufacturing & Supply, common
(year-end)
—■
6ft
preferred
(quar.)
Joy Manufacturing Co. (quar.)—————-
11-15
12-31
.Gorham Manufacturing Co.
-L/A
12-15
12-15
1
12-12
50c
$1.25
$1.25
25c
&
Jones
2-
12-10
(extra)
6
Monday, December 3, 1945
','r: -'
1Name of Company
V'.v
12- 6
$1.25
Corp.
Johnson
&
of Bee.
12-20
10c
Johnson
I
12-
$1.06'A
(quar.).
(year-end)—...—...
Johns-Manvllle
1-10
(quar.)
—-----W———-—-—-—
preferred
11-28
12-12
ffpiaert
12-20
25c
50c
^
———
2
1-
___
Extra
(qudr.)
Inc., common
__—....
Payable
Share
12-20
_______________________—________
Common
Name of Company
.
8*'
12-14
25c
Glidden Company, common (interim) _______
v
40c
4'Aftconvertible preferred (quar.)______
5614c
Goebel Brewing Co. (quar.)-------------'-—
5c
•Goodrich tB. F.) Co., common (year-end)-75c
$5 preferred (quar.)—
______;—
$1.25
Goodyear Tire .& Rubber Co., common—50c
$5 convertible preferred (quar.)—
.
$1.25
Goodyear Tire & Rubber Co., of Canada, Ltd.— 7 " v
■
of Beo.
12-
When
per
;
Boiaere
12-15
50c
20°
30c
50c
40c
-
Co.
Falls Insurance,
Payable
Share
-
Glen Alden Coal Co..
Glen
When
CHRONICLE
;2"2?
12-31
1^-31
.
1- 2
12-10
11-30
U-30
12-20
12-20
42-i20
12- »
-^Volume
162
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4443
Per
Holdera
When
Share
Payable
■■:U
11-20
12-10
25c
12-
117 Vic
11-15
$2
.
Potash
3
$1
f
Name of Company
11-23
25c
12-15
&
Alexander,
12-12
Corp.
6%
62 Vic
River
6%
12-12
1st
Preferred
$3
Preston
12-10
Price
87V6C
1- 2
Accident
Insurance
Inc.,
East
&
Mines
pfd.
(interim)
Ltd.
Protective
Investing
$$1.75
'
12- L
7%
6%
12-22
25c:
preferred
preferred
preferred
C :
Extra
Public
$1.12 Vi
40c
12-
of
Service
Indiana,
'12-15
12-20
6%
$4
12- 1
$5
22 VaC
'12-28
preferred (monthly)
preferred (quar.)
6%
1-2-46
12-15
Sixth
1
11-15
Skelly
1-2-46
32-15
Skilsaw,
12-15
12-10
8%
t$3
12-
Co.
Oklahoma
37 Vac
1
11-15
15c
12-15
———
15c
13^c
5c
—'I———
1-2.16 c
12-12
2-15
12-21
12-15
Pyrene
$1.50
$50c
11-30
1-15
12-15
Solar
11-15
Solar
Manufacturing
Quaker Oats, 6%
$15c
12-15
11-15
11-15
Sonotone
12-15
11-15
Soss
12- 3
Co.,
The
$1.75
8%
•
50c
Extra
.
n-
5%
50c
$1
50c
37V6c
7V6c
12-15
37V2C
12-15
12y2C
12-15
35C
(quar,)..
.
Knitting
1-10
Spear & Co., $5.50 1st preferred (quar.)
$5.50 2nd preferred (quar.),—-—
Sons, Inc
—
Spencer Kellogg &
Spiegel, Inc., $4.50 conv. preferred (quar.)—
Square D Co., common (quar.)
5% convertible preferred (quar.)
So"<bh
W...1 & Rons (quar.)
—
(A. IS.) Manufacturing Co.—
;
.
25c
Reliance
Electric
$1.37 l/a
Reliance
Grain
25c
Extra
Engineering
x-
Co., Ltd.—
preferred (accum.)
preferred (accum.)
Reliance Insurance (Phila),
$Va %
$15C
$$1
..Extra
..
$$1.75
,75c
$1.10
12-1
11-1
40c
12-20
12-10
25c
56%C
12-10
$1.50
12-13
11-24
Rice
30c
12-15
11-30
Richfield
12- 1
11-10
$1
1-15
12-20
$1
12-1
11-30
$1.50
12- 1
1716 c
13'/2C
12-15
12-
25c
6%
5%
11-20
H.)
&
,12-15
12-15
15C
12-22
$2c
12-29
$2c
12-29
12-31
12-
12-21.-
12-
11-29
12-15
11-20
20c
12-26
12-15 ;
12-10
11-26
$1.0614
1- 2
$1.06 V*
1-
EJc
$1.50
12-11
2
"T2-11
12-10
11-20
12-
1
Corp.—
$1.50
12- 1
$1.25
12-1
12- 1
12- 4
(year-end)
Stedman
6%
20c
12-
5
15c
12-5
11-20
40c
12-10
11-23
$1
12-10
11-21
$1.50
1-2-46
12-
1-2-46
12-1
$1.25
8an
12-17
1
p:$50c
12- 1
11-12
$1.12 %
1-2
21-12
12-14 '
11-28
37y2c
12-
15c
12-14
11-28
11-26
11-10
12-20
12- 6
$1.25
1-2
12-6
50c
12-10
12- 1
11-10
$25c.
1t15
12-22
$75c
1-15
12-22
Francisco
25c
Remedial
Loan
Assn.
f
25c
12-31
12-15
17 y2 C
12-30
12-20
$1.37'/a
12-31
25c
12-15
11-30
87y2C
12-15
11-30
12-13
11-30*
2-1-46
1-18*
75c
(s-a)
Manufacturing
5 (6 %
Schenley Distillers
Schiff, Company
,Extra
(quar.)
(quar.)
preferred
;
_______
Scott
Paper Company, common (quar.)
$4 preferred
(quar.)
$4.50. preferred (quar.
'
Scythes; & Co., common. (quar.)^—_
;
preferred
Seaboard
Sears
2Va%
15C
$2
75c
$1.50
12- 6-
10-11
12-
11-19
12-15
4-
11-26
1
11-15
Oil
(quar.)
of
Co.
45c
$t
$1.12 Vi
$19c
$31V4c;
Delaware
(quar.)
25c
•
Co.
$5
1st preferred
(accum.)__
;
2-1-46
12-
Trust
:
(quar.)
Brothers,
Inc.
1-18*
12-
Tacony-Palmyra
12-
11-15
Talcott
$2.50
12-
1
12-14
1-
2
10c
12-31
25c
12-22
1%%
12-22
10c
12-18
50c
12-15
20c
12-
1
37'/2C
12-
1
Serrick
Class
10c
;
3iy»c
25c
initial)
>
11-25
$1,121/2
—
$5
12-12
25c
(quar.)_—___.
U
7
12-
7
preferred
Company
Texas
11-20
Texas
12-
1
1
Sherwin-Williams Co.,
4%
Optical Co., Inc.
pfd.
(quar.)
_
(quar.)__
12-14
.*2" *
1- 2
Texas
11-15
Tex-O-Kan
$3c
10-30
$1
11-15
35c
12-12
50c
—
Land
of
&
Flour
preferred
12-15
12- 1
(s-a)
~
12- 1
Trust—
Co.
Mills
—-—
(year-end)—-
prior preference
15c
$15
12- 5
12- 5
$2.50
12-20
$1.75
50c
62Vic
12- 1
12-21
2- 1
Co.—
(quar.)
Textron, Inc., common new
$2.50
1- 2
12-15
25c
25c
certificates
Pacific Ry.
1
(quar.)—50c
beneficial interest
12-
1- 1
-
25c
12-31
7%
12-31
12- 7
2-1
12-22
—
Coal & Oil Co.
shares
12-29
2- 1
12-31
75c
$1.75
(quar.)—50c
(quar.)
-
Pacific
Ctfs.
75c
$2.45
25c
Sulphur
Pacific
Sub
1- 2
12* 1
12-29
-
10c
Extra
25c
12- 1
t3cy
50c
12-15
5614c
30c
1 t5c ;
10c
—_—
10c
__.
(interim)
(quar.)
Extra
15C
Mines
com.
(quar.)
-
GUlf
12- 1
,12- 1
1- 2
$1.25
—10c
;—-—
preferred
$3c
Extra
Sherritt-Gordon
Inc.,
(James),
Extra
Texas
25C
______—____
Sheep Creek Gold Mines (quar.)^_^
Sheller
Manufacturing Corp
Shuron
12-
$1.25
Steel Corp.,
common„;.™_.___—
convertible preferred (quar.).
—
,
Texas
11-25
10c
Sharon
Sharp & Dohme, Inc
Shattuck (Frank G.)Co.
:.Y.- 7%
22c
——:
Servel, Inc., $4.50 preferred
—
Telephone Bond & Share—
7% 1st preferred (accum.)——
Corp. (quar.)
Terre Haute Water Works Corp.—
20c
—
(quar.)
class A
B
(year-end)
—
Tennessee
62c
20c
(quar.)
—.—
Corp.,
common
(quar.)
Taylor-Wharton Iron & Steel Co.—
Teck-Hughes Gold Mines (interim)—
Telautograph Corp. —
--r~.
12'/2c
Inc.,
Bridge,
Extra
—
Extra
$25c
1
416%
—;
B.),
—
(year-end)_
preferred
12-15
12-15
12- 1
12-22
12-15
Co., Ltd.—
Sylvanite: Gold Mines; Ltd. (quar.)—
-s
Transit Corp., common.—r——
12-15
$1.25
(R.
:/,'
6% preferred
(quar.)
Syracuse
5%
J2-J5
10c
45c
10c.
30c
15c
37160
10c
40c
(quar.)__
rtcs.
Class A
12- 1
40c
(quar.)___
(quar.)
Co.
&
Dep.
11-20
1
5fl£^a2-12
(quar.)
Co.
Swift International
11-10
Selby Shoe Co
$1.75
Swift
1-2,
t20c
—
ui——
Oil Corp.,
preferred
2nd
11-10
Seiberling Rubber 5%
class A pfd. (quar.)
$2.50 prior preferred
(quar.)—.—
Semler
4%
12-10
$1.25
Paper
Swan-Finch
*'
12- 1
25c
Oil Corp., common
4%% convertible preferred
Sunshine Mining Co. (quar.)
12-10
—1—
(new
'
75c
$1.62Va
10%
Sunray
Sutherland
12-1
1-2-46
12_1?
12- 1.
$1.50
(quar,)
11-20
—»*j-.—
•
X.
V
—A—
Stock dividend
1
Acceptance Corp.—
Common (quar.) _——
5% preferred A (quar.).
Seeman
Sun Oil Co.
12- 1
12- 1
12- 1
25c
$1
$75c
T___\
Stromberg-Carlson Co., common (year-e\d)
6Va% preferred (quar.)—
Stroock (S.) & Company (year-end)
Stuart (D. A.) Oil Co., Ltd.—
Class A participating preferred (quar.)—
12-1
Second Canadian International Investment
Securities
15c
$1
40c
25c
prior preLfHQUar.)—
Webster, Inc. (year-end
Stowell (S.) Co., Ltd., class A^
Strawbridge & Clothier—
1% prior preferred A (quar.)
25c
(initial quar.)
common
new
—-
(year-end)—._
&
25c
Roebuck,
Extra
Seattle Gas
3-15
.12-1
;
;
12-11
Fuller
&
12-15
12- %
25c
25c
Stokely-Van Camp 5%
Stone
,12"—
«
12-29
1- 2
'• 1- 2
12-15
12-12
Extra'.
Extra
'
5%;
Brothers, Ltd., common
preferred (quar.)
& Co. (Extra)
<
Stix Baer
25^
5c
60c
——
(A.)
Sterling Aluminum Products
Sterling Drug, Inc. (quar.)
Stewart-Warner Corp.
(s-a)
12-15
12-15
12-12
12-12
$1.25
$25c
$75c
____ ■____»_
_
25c
25c
50c
75c ;
,1* 2
Works—
Acid
&
11-23
$1.50
15c
San-Nap-Pak
12-17
1- 2
12- 1
11-15
11-15
.
1
1- 2
$1.25
$1.25
$$1.50
Shops (quar.)—
Safety Stores, Inc.* common (quar.)
5 % preferred (quar.)
—_—
:
St. Joseph Lead Co.—
St. Joseph Water Co. 6% pfd. (quar.)
St. Lawrence Corp., Ltd.—$4 class A conv. pfd. (quar.)__.—
St. Lawrence Paper Mills 6% pfd.
(accum.)
11-20
Phospate
convertible
Stein
11-21
common—
Saco-Lowell
11-8
Wholesale
12-1
12-1
12-15
12-10
12-10
50c
____________
-
Stecher-Traung Lithograph—
5% preferred (quar.J—.——
11-24
11-24
20c
;
.Extra'
11-20
25c
Stoker
Standard
,11-29
12-20
37y2C
(quar.)_
Roxy .Theatre, Inc., .$1.50 cum. pfd. (quar.)
Royalite Oil Co, (s-a)
Ruppert (Jacob), 4% preferred (quar.)
Rustless Iron & Steel Corp. (quar.)
1
*
,
Standard
11-12
12-12
5c
t
7
25c
,
(s-a)__
(N. J.)
Extra- -xi—;
Standard Oil Co. (Ohio)
—-r-—• ■;
/
..
11-26
12- 1
__
Rolland
11-29
50c
J
r
—
(quar.)——
•
i.5%, preferred (quar.).——,
5% prior preference (quar.)
Paper Co., Ltd., $6 pfd. (quar.)
12-14.
/Vvll-29
——
Standard Oil Co.
■
1
;
*—,
—
—
12- 1
50c
10c
40c
50c
25c
25c
,
(quar.)—
.
Extra;
12-10
75c
vtc. (year-end)
Corp. (quar.)
Co.
Co.,
1
1-
$1.12'/a
Gas,
Electric
&
—
'Special
quar.)
preferred D (quar.)
preferred series E (quar.):
Rockwood
12-31
90c
(Indiana)
Co.
Standard Oil (Kentucky)
12- 8
(year-end)
Products
(H.
Gas
1-15
12- 8
lc
(initial
Valley
1
1- 2
Co.__
Corp.
Metal
Robertson
11-26
$1.75
Grande
Rieke
11-26
Oil
Oil
Rochester
___..
12-15
Ranch
1
$1.50
'25c
(quar.)
preferred
4(6 %
Rio
$1.75
15C
Extra
W'l-15
22-
12-21
15C
Oil
12- 1
;
,
$$1.25
.——
(quar.)
Dredging Corp., commoii
$1.60 convertible preferred (quar.)
Standard Oil of California (quar.)
25c
Common
.f
Ltd.—
(quar.)
Standard-Coosa-Thatcher
Standard
$6 preferred A (quar;)
Reynolds Spring ''Co.^_—
Reynolds (R. J.) Tobacco, 3.60% pfd. (quar.)
Rheem Manufacturing—
.12-15
40c
Standard
37 V2 c
;■
preferred
5%
$1,121/2
__________
.
$1.12Va
.
*_
20C
30c
,12- 5
12-15
.12-15
(quar.)
Standard Chemical Co.,
50C
(s-a)
20c
_____._i.__—.
-
preferred
convertible
$1.60
$$3.25
.—i
.
36V*c
40c
'
(quar.)
—,—-
(quar.)
preferred
$4.50
-
-
-
$1.25
—,
Inc., common
Standard Cap & Seal Corp.—
$$i.62 y2
-w-.——»
Remington Rand, Inc., common
$4.50 preferred (quar.)
Reo Motors* Inc.-..
Republic Aviation
Republic Investors Fund—
6% V' preferred A (quar.)
6% preferred B (quar.)
Republic Steel Corp., common (quar.)
$3
preferred (quar.)
series
Standard Accident Ins. Co.. (Detroit)
6 Va %
$25c
.
b
»'
12- 7
12- K
12-20
,
20c.
•
-
Standard Brands,
2*1
••
-50c
Extra
„
Reed-Prentice Corp.
:r
'.
$1'
-
(increased)
Common
$5
Mills—
'
,|4 • preferred (quw.)f> w™—
Staiey
non-cum.-preferred (quar.)
(year end)
$1.60
$1.25
12"13
10c
12-20
$1.50' . .,12-15
$1.37'/a
j 12- 1
$1.37 VaT..
12- 1
45c
12-10
$1,12 Va
12-15
50c
12-31
$1.25
12-31
50c
12-12
_
(quar.)
ase-
••>,.1-15
12- 1
—-
(quar.)—r-;
com.
25% paid ctfs. (annual)
Sovereign Investors
—
——
Sparks Withington Co., 6% conv. pfd. (quar.)
12-15
10C
:
Silk
Regent
35c
.
12-17
(Dallas) —
-
Service,
12-15
.-.12-15
12-15
35c
25c
(quar.)
Co.
.
Public
$1
15c
75c
$1.25
(quar.)
Insurance
,2
31^®
——
Sovereign Life Assurance—
;Reevos-Ely i-Laboratories,' Ine.r-^
; 36c
conv; preference ;{s*a)L-i._-^-.-;L^.i.
10c
,
(year-end)—_—
(increased quar.)——,
^Quarterly
,
;
Co.
Life
Southwestern
preferred (quar.)
Hosiery Mills, common (initial)
$5 prior preferred A (quar.)
$7 preferred (quar.)
Reed Roller Bit Co, (quar.)
$5c
120c 2-15-46
/ $$1.50 1-15-46
40c 3-1-46
10c
1- 7
Co.
preferred
non-cum.
Southwestern
Co.,. 4% ;lst
Reading
Real
_
-—
Gas
Phosphate (year-end)
Southern Railway Co., common
(quar.).
12-15
37 Vic
—
(increased)
Greyhound Lines
Pacific
(year-end)
:
(quar.)
Co., Ltd.—
Natural
n
12-15
Power
Southern
.......
Ray-O-Vac Co.
$2.50
Ltd.—
Co.,
participating preferred (quar.)—
Southern
Packing Co.—.....
Raybestos-Manhattan, Inc. (year-end)
$3114c
Edison
Extra
■
(extra:-'r.30c ,;:y> /Ly**
(quar.)
Southern
Rath
50c
preferred B
Southern
(quar.).^..—
j
-
6%
6%
(quar.)...
(quar.)
(quar.)
___.
Co
California
Common
—
(quar.)
Rapid Electrotype,
10c
75c
preferred A
Corp.
Manufacturing
Southern Canada
?:i;
payments clear all arrears.
(Pittsburgh), common (quar.)
preferred
h
:
......
quar.)..
above
Rand's
87'/2e
_
.South Bend- Lathe Works
(year-end)
preferred
Co
convertible
55c
Railway Equipment & Realty—
6% 1st preferred
$$1.25
Aircraft
Manufacturing Corp., common
12-15
—,
Quaker. State Oil Refining
Iron—
12-15
Southern
Extra
(George) Fund
&
12-31
"
—
Putnam
35c
.
12-
12-20
12- 3
Steel
$1.20
85VaC
pfd
...
Extra
12-13
20c
"
Sloss-Sheffield
50c
5%
Oil Co., 5% convertible pfd.
Purity Bakeries Cqrp. ^(quar.)
■
—
______________
12-15
$2
Service
■
12-14
12-17
J2- *
l2"17
12-13
11-15
50c
Pure
10c
12-l4
$1.50
(irreg.)™
1.
$1.75
preferred (quar.)^__.__.
preferred ? (quar.)
Industries, pfd.
(initial
Pullman, Inc.,. (quar.) ;
100
ctfs.
(quar.)
12-12
1
Service Electric & Gas Co.—
20c
Inc.
12"~|?
HVaC
50c
$1
25c
—
partic.
11-30
12-
20c
;
7%
$70c
B'way Bldg.
Oil Co.
12"14
•
$1.25
common.—
........
Publicker
75c
&
Extra
$5
$25C
$$1.75
preferred
(quar.)_.
Ltd.
Mines,
12"}
12_1®
4- 1
4-1
f-—.!.---.7
(quar. >___ $$1.121>6
, ■
$1.50
■
Gold
12-15
12- 1
preferred
(quar.)__-,
•
30c
Smith
(A. O.) Corp
*
50c
Socony-Vacuum Oil'Co., Inc. (extra)——15c
$1.25
;
Public
of
(quar.)
12-15
„
Public
1
11-15
1
1-2-46
25c
7%.r preferred
25c
12-
41%c
(quar.)
preferred (monthly
(quar.)
preferred; (quar.).
$1.75
12-
500
41%c
common
preferred A (quar.)__
Public Service Corp. of N. Ji,
43%C
Siscoe
-
5%.
1
11-15
50c
12-15
'
12-1
58y3c
12-15
1- 2
1-2
preferred
.
58y3C
(monthly).
(monthly)
(monthly)
25c
,
5%
(year-end)
Simpson's, Ltd., 4y2%
Singer Manufacturing
(irreg.)
25c
$2
Ltd.,
Common
6% - preferred (monthly)„_
!(£5% preferred (monthly)i^.x—
5 % v preferred
(monthly)
$1.79
Royalties, class A (quar.)
Signode Steel Strapping, common™.——
55%
preferred (quar.
—
■r
(quar.)_„
Public Service Co. of Colorado—
Corp.
(year-end)
Signal
Silknit,
12"J^
75c
75c
25c
15c
62y2c
$50c
$30c
$20c
130c
$$1.75
2c
60c
1
50c
(year-end)_
A
Dairies, Ltd., common (accum.)
participating preference
(s-a)_.—__
(H.) & Sons, Ltd., common
7% preferred (quar.)
Simon (Wm.) Brewery (quar.)
—
Simonds Saw & Steel Co. (year-end)—.
Simmons
Company
(year-end)
:
Simmons-Boardman Publishing—
Indemnity
Prudential
1
class
Payable
Share
Simon
,
12-15
1- 2
-
12-13
(quar.)__
12-13
12-
$25c
i-:
12- 1
(quar.)
5Vi%
Co.,
Proprietary Mines,
7%
>
12-15
12-15
x
Signal Oil & Gas,
Class B
When
Per
■
Silver wood
(quar.)—
Dome
Brothers
15c
.
1
12-
(quar.)
(s-a)_
common
15c
$$1.50
■•"-.
12-15
2
12-15
J30C
',
■
Name of Company
12-15
1-
■'
,
40c
(quar.)
partic.'preferred
preferred
12- I
15c
5c
,;
—
2
preferred
Prentice-Hall,
I
Inc
11-15
1-
25c
Co., Ltd. (year-end)
of Canada—
non-cum.
$1.75
12- 1
■
10c
>
,
Powell
Power
37 Vic
■
35c
\
—
Extra
11-17
12-15
12-
(increased)—
■'I ";
uj Reo.
Payable
Share
10c
Powdrell
35c
$1.50
,t
"Extra';
.
25c
;
of America
Potter Company
12-31
$10c
•:
Co.
■;.
..
Holdert
When
Per
of Rec.
——
(initial)—.
Holder*
of Reo.
12-
1
12-
1
12-
1
11-17
11-17
11-30
2-28
2-28
12-
1
12-
1
11-15
11-24
12-3
THE COMMERCIAL & FINANCIAL CHRONICLE
r'"-':''
Z'-Vy1Per '.r''
iVAen
' ' :
: '
'
SharePayable
•
Name or companw
:
■
Monday,, December 3
Hoiaert
Pitney-Bowes, Inc.—Estimated Earnings—
of Reo.
W.
Walgreen Co. 4'/2%
Common
Walker
$2.50
;$1
Cc„
A
7%
Mills
preferred
$1.75
(quar.)__;
preferred^ quar.
Warren (S. D.) ^Co.-(year-end)
(Northam)
Warren
Petroleum
Corpj^ $3
Corp^_
;
pfd.
;v;
1-
-.™-,«,-'
£'-H $1'-'
;;s
: 12-
50c
•
A
$1.50
Electric—
-
/•<::*,'t '=<■'
Manufacturing "<extra-)^i^v=.--4iWest Virginia Coal & Coke Corp.—
West Virginia Pulp & Paper
West Virginia Water Service, com.i (irreg.)
$4.50 preferred (quar.)_„..—4
•
•
,
12-20
60c'
45c
$1.12 V2
1 r>:
-
12-14
.
V
l- 2
y
,12- 3
,
12-15
12-
1
11-15
(s-a)
$1.50
1- 2
%% preferred (s-a)—..w—$1.25
1- 2
Western Pacific RR., common (quar.)—75c 2-15-46
aw:preferred Ax (quar.)
Western Tablet & Stationery—„
:
%%
Union
Westinghouse
$1.25
merged
«*.
Ltd. 5%
preferred
35c
12-
Will
&
Baumer
Candle
$6
pfd.
Willson
Products,
Wilson-Jones,
Wisconsin
Inc.
Inc.
(increased
Electric
Power, 6%
Wisconsin
6 %
Co.
pfd.
1$2.50
pfd.
12-30
$1.50
;
Woolf
15c
12-15
$50c
12-31
Co.,
Ltd.
(quar.)
= *
preferred (quar.)„_™
Lothrop, common (quar.)
7%
preferred
(F. W.)
6%
pref.
Co.
prior
4te%
conv.
12-
and
of
r
5
8.
11-30
11-20
11- 8
12-20
12-
$1.12'/2
12-15
12-
(quar.)™
12-15
12-: 1
$2.50
$6
Monthly
Wurlitzer
i
*5c
;
-1.:—
(Rudolph) Co
-
1-
Young
Machine
3-1
25c
Co.,
common
A.)
12- 4
15c
Spring & Wire
(quar.)
-
12-19
x
Less 30%
•Transfer
12- 4
1- 2
:
11-30
12-15
12-
12-15
not
closed
for
this
of
its
by
will,
12-12
12- 3
12-15
of
not
becoming
merger
Coal
Co/
Coal
Co.
organized, formally, on
was
of
board
Hill
of
directors.
York,
New
Chairman,
and
of
with.
land
qcres; of
coal.
an
Co.
will
estimated' 773,000,000
of
tohs
i
,
Consolidation
-
,
Coal
Consolidation
Coal
operate
common
stock,
Issued in exchange
Co.,
be
issue
authorized
of
which
of
for
stock
debentures
of
is
have
will be 2,320,000 shares
1,932,000
shares
companies,
31/a% maturing
other
the
would
said,
Love
Mr;
There
approximately
$20,000,000
at
1965, of which approximately $14,500,000 will be issued irt exchange
for stock of the old companies.: The indenture covering
the deben¬
11-17
itC
the
upon
Consolidation
15-man
Robert C.
par
The
12- 1
12-15
listing
in
1
25c
the
agreement of meiger, providing for the merger
Co.
(Del.) with and into Pittsburgh Coal Co.
Consolidation
headed
Pittsburgh
$1
will
,
12- 5
tures
Mr.
;>
will
for
provides
15,
July
be
sinking
a
fund
annually
$750,000
of
beginning
'
1951.
paid
si::
months'
1946.
This
that
stated
Love
Jan,
15,
interest
will be
the
on
the
3*h%
first
debentures
payment on
the
debentures/
Registrar Appointed—
Jamaica Income ta*.
books
of
Coal
Love
new
The
of
12-15
1-15
50c
75c
authorized
only one class of stock and debentures.
25c
Youngstown Steel Door
Youngstown Sheet & Tube Co. (quar.)
Zeigler Coal & Coke Co.*—
Zion's Co-operative Mercantile Institution—
Quarterly
.■
2-20
3-20
12 Vic
;
hp.s
3V*%
debentures due
July
15,
1965,
shares of common stock (par $1), all
Issuance pursuant to the terms of a joint
the properties of the
old company, holding about 113,000 acres of land and approximately
600,000,000 tons of unmined coal.
It will be headed bv Mr, Love, z*«
11-15
1- 2
Exchange
20-year
meeting
a
115,000
The
1-19
4-1
at
unmincd
12-10
12-1
;r
President and Vice-President;
resigned as directors of
162. p.-1398.
Pittsburgh Coal Co.
changed to Pittsburgh
be
H.
about
11-22
20c
Corporation
(L.
2
25c
^
York
12- %11-15r
12-14, • 11-30 >
'25c *
1^=2 5
'25c'" ^2- 1^
Yale & Towne Manufacturing (quar.15c
Extra
l^™.*™-™...™™...™
; ^ '• 40c '
Yates-American
has
Co.,
Pitlsburgh,
President,, named A.
K.
Oliver of
Pittsburgh as Chairman of the finance committee; James B. Morrow.
Pittsburgh,
First
Vice-President;
George
W.
Kratz,
Vice-President,
and C. E. Beachley, Secretary and Tieasurer.!
;
Two wholly-owned subsidiaries
were organized to operate the com¬
pany's 43 mines in Pennsylvania, West Virginia and Kentucky.
The
new
Pittsburgh Coal Co.„ to be headed by Mr. Morrow, will have
Worumbo*
Wright-Hargreaves Mines, Ltd
.*
Wrigley (Wm.) Jr., Co. (monthly)-_^^___i__
Monthly
Monthly
Hanna
A.
company,- have
of
board,
George
1
$1.12Vi
(quar.)
M.
1,932,084
and
Pittsburgh
26
The
1
Manufacturing Co.—
5 % prior preferred (initial s-a)
Wright Aeronautical (year-end)
Stock
notice
merger
name
The
.
Nov.
11-10
12-7
37y2c
com.
from
Organized—Two New Subsidiaries Formed-*—Interest
Payment on Jan. 15, 1946—
;
f
1
11-20
12-17
12- 1
York
official
effective,
12-1
?%
preferred
purchased
was
J. H. Thompson,
Hanna
$14,490,630
Consolidation
The
12-28; 0:12^7 ?
12-28
12-17
40c
the
exceeding
of
plan
12-
of
New
not
upon
J
12-28
$1.75
(quar.
prior preferred
stock
a
exceeding
-
50c
(s-a)
4%%
-
this
M. Humphrey and
The
it Co., Ltd.—
Worthington Pump & Machinery Corp.,
understood
Pittsburgh Consolidation Coal Co.—Listing 6f Secure
$1.75
(quar.)
(F. W.)
Woolworth
1!•
ities—
30c
Wool worth
is
O.
11-21
12-31
^-25c
s:>; '...Extrar
*
•
is reported
to haye disposed of all its holdings in Pittsburgh
Coke & Chemical Co., in which company it once owned 115,827 common
1-15
11-21
12-17
Co.
receive one
:
,
The Green Bag Cement Co, of
Pennsylvania, a subsidiary,
acquired 75,000 shares of common stock of the parent concern.
It
=12-17
Brothers, 7%
Woodward
;
11-15:
1-31
30c
Governor
will
and $7.50 in debentures in
t
11-26
12-31
8c::
Inc
stockholders
'
Pittsburgh Coke & Chemical Co.—V.
$1.75
Woods Manufacturing
Woodward
Ccal
company
Pittsburgh Coke & Chemical Co.—Sub$. Acquires Stk;
11-10
12- .1
11-30
1
$1.50
Industries,
new
11- 9 P
12-15
12-
12-10
12- 4
preferred
Woodall
the
respectively,
stock)_^_.__
or
stock of
12-13
11-15
12-
Light, 1% preferred.™
&
Consolidation
cQmmon.
common
12-27
1
(year-end)
(payable in cash
Power
new
of
which
30c
62V2c
(quar.)
pre¬
shares.
1- 2
quar.)_
non-cum.
per
Under the plan, each
exchange for each share they hold.—-V. 162, p. 2398^
r
>
-i'vfov/ •',,;:Vr'
11-15
1
V 25c
v
(year-end)
Wisconsin Investment
Year-end
the
share
11-10
12- 1
$1.50
(quar.)
.
Winnipeg Electric Co., 5 %
is practicable.
merger
11-26
10c
_™__
Williamsport Water Co.
cash
$100
*
12-15
75c
Wilsil, Ltd. : (quar.)
of
holders
instead of $1 previously indicated in the proxy state¬
12- 6
$1.25
.
Manufacturing Co
valuation
a
50c
Chlorine Products Corp. (quar.)
Weyenberg Shoe Mfg..(s-a)_
i
Weyerhaeuser Timber (Quar.)™_™™.™_
Whitaker Paper Co. (quar.)«4.__i»4-.«i^.
Lace
accept
to
or
In
asked to
were
managements of the companies agreed to recom¬
dividend of $1.40 on the common stock of the
37*/2c
Westvaco
Wilkes-Barre
given at meetings last July 24.
one-quarter share
of
?
11-26
12-10
1
on
share of Pittsburgh Coal preferred will be
exchangeable for 3.226 shares
stock of the new company and $26,327 in debentures. Each
share of Pittsburgh common will be exchangeable for
12-31
y 2->I
12-
action
of common
,
40c
$$1.12 %
(quar.)
to take
annual
where consummation of the
•
\
instrument Corp. (quar.)
pro¬
f
instructed
were
result, the dissents (which bad amounted to approximately
shares of Pittsburgh preferred) have been reduced to a point
90,000
■
(George)
The
initial
company,
a
.
2-15-46 2- 1'
..
voted
coal
of Pittsburgh Coal Co.
As
11-15
■
Co.
two
,
two companies
company
share.
an
ment
Telegraph
Weston Electric
Weston
50c
—
,
Coal
of; these
merger
consolidation
new
ferred
mend
(quar.) ——%■ $1.25 '■ 7.' 1-2-46 /v 12-18 r
Co., class A
50c
12-15
11-23
Air Brake™
50c
12-15
11-15 '
preferred
Western
J60c
———I——
.-
the
of
the
of
12-31
Westeel Products <s-a)
Merger-—^
Consolidation
of
a
security
11-30
11-30
12-15
11-26
1- 2
12-15
_
favor...of
stockholders of both companies was
v<.
12-14
in
;
the
and
company
19
October the dissenting Pittsburgh Coal prelerred holders
withdraw their objections .to the t^rms and become
12- 3'
"
,
25c
20c
—
Western Auto Supply Co. (increased)
Western New York & Penn. Ry., com;
continued tax credits'
de¬
which, it 1s now thought, can be effected by1
Nov. 26, when the new board will organize and complete plans for oper¬
ation
of
the merged company, Pittsburgh Consolidation
Coal Co.
The merger has been
pending since the requisite, approval of the
.11-15
12- I
<
this
Nov.
<■
Officers of
tails
12-15
1- 2
of
on
ducers.
•-
-"
-w>.
West Point
12-12.>»2-
.
y' '-J
p* $1.75: preferredi ('43%c
West- Ohio Gas (year-end)__i.-4_' 10c
Penn
but
''"*'r"
'■!
directors
unanimously
11-15 i
12-* 1
1
12-12
75c
?
The
12-20
;
(s-a)_
common
profits,
Pittsburgh Coal Co.—Directors Vote
11-30 '*11-20
12--1 :;v 11-15y
12- lr ryllrl5;j/
5C
™,™
& Seashore,
operating
our
»V.'b-v
12- 1
'11-30
./-'I- 2.,
10c
West Michigan Steel Foundry Co.—- -
11-15
11-23
2
12-20
$1.06'/*
(quar.)
:
11-15
12-15
50c
Extra
West
'
20c
—
Jersey
11-15*
1
12-1
12- 1«
v
$1.50
25c
Wesson Oil & Snowdrift Co., Inc.—
$4 convertible preferred
(quar.) —™^..
West Indies Sugar Corp. (s-a) ^4.
West
$2.50
$1.25
„
;
Engineering Co.
'Extra
rebuild
us to maintain our current rate of 'r.et income
during this
period.
We have a large backlog of orders and current'
orders are being taken at a rate considerably in excess of
prewar.
"We are proceeding with the plant expansion program commented
on
in our latest annual report which will provide better than a 60%
increase in floor space as compared to prewar, together with additional
manufacturing equipment.
The aggregate capital investment will be in
the neighborhood of $1,300,000."—V.
162, p. 2022. ' :
!
reconversion
,
(quar.)_^.
preferred
will
should enable
11-15
12-
,
(year-end
Wayne Pump Co. (quar.)
Grape Juice 4 Mi %
Wellman
12- 1
20c
after giving effect to a net Federal tax credit*
However,
the
deliveries
5
11-17
75c
*
„
5% \ preferred ;(quar.) 7;
Washington Water Power, $6 pfd.
Waukesha Motors Co. (quar.)_.
Welch
12-
1
■" *
"•
'carryback' provision of the tax law, our net income for
is estimated to be $240,000, approximating that of last yeary
"Several more: months must elapse before an acccelcrating volume of
12- 5
:
12-
made.
under
V 12- 5 1
12-15
(quar.)
™'_
Washington Railway & Eiectrife Co,~"
-5% -preferred >*<8-&)
Works
12-15
12-15
75c
:
'
•;
the period
$1.25
.
be
can
$2
.
>■5%
Warren
11- 9
11-13
5Uc
■
—
'
■
profits for the six months ended Sept. 30 are estimated
This substantial reduction, as compared to the like period
of last year, is due to the cessation of war work and the
processing
time required before deliveries of our normal'products in large volume
12-15 <:11-13
$1
——.
(quar.).,.,.:
n-.
_
Wheeler, Jr., President, in a letter to stockholders, on Nov.*l5,
at $109,000.
11- 9
•
H.
"Operating
12-15.
12-15
-
_-;4-
Waverly Oil
1-2-46
12-15
_________
Ware Shoals Mig./common
■
12-20
v
Extra
Extra
1- 2
12-15
5c
.
(quar.)
(quar.)J;
Watch,
Wamsutta
W.,^cor.»mon
11-15
?$1
$25c
■
said:
11-20
...40c.
-
„„
&
12-12
,.12-20
62]/2C
*
...
B
G.
11-15
12-15
$1
(quar.)
(Hiram)
preferred
Waltham
-
class
classs
Walker
.
(quar.)
&
(quar.)_2
preferred
dividend.'
National
The
tPayable in U. S. funds, less 15% Canadian non-residents' tax.
tPayable in Canadian funds, tax deductible at the source.
Non¬
resident tax. 15%; resident tax. 7%.
a Less British
income tax.
the
for
common
139.
p.
City Bank of New York has been appointed registrar
stock of Pittsburgh Consolidation Coal Co.—V.
162,
*
-
'
V-
Pittsburgh & Lake Erie RR.—Earnings—'
Ry.
Ry.
General Corporation and
oper.
oper.
Net
from
revenue
■"Ry.
-
Net
Miscell.
Net
__™
(incl.
$192,713
$408,210
I Crll5,931
prior years)
—___™
amortization
'
Cr$246,619
$422,978
defense
of
projects.
will be included in December,
1945,
Pittsburgh
34,991
•
46,709
$3,255,666
$3,625,013
*
'
V
NOTE—No charges have been included in
for
694,485
Equitable
the October,
Unamortized
Co.,
'vT:' •,'
.
$5,050,094
$2,229,361
1945, accounts
Aug. 31,
balance,
1945, accounts.—V.
Meter
'
;V'V
;
•' '•
taxes
adjustments—
221,177
$4,861,829
1,190,107
$3,985,142
$339,766
and
Fed. .inc.
233,460.;
3,567
$305,223
$4,640,652
$3,751,682
z
64,877-
3,421
—™
profits
excess
15,341
charges
income
•Includes
$392,869
19,923
™.™
deducts.
fixed
Total
6,462,007
\ $172,790
:-V
income
$5,739,615
Cr498,756 Cr5,540,.259 Cr5,363,044
Cr565,088
Income
Total
.
joint
inc
oper.
ry.
Other
$2,246,274
564,129 i; 4,034,851
$458,242
tax
Equipment
and
facility rents
•
$2,864,539 $26,180,410 $29,397,283
2,406,297
23,934,136
23,657,668
$1,843,467
2,380,902
revs.
expenses--
operations
Def.$537,435
accruals-.Crl45,137
ry.
(Continued from page 2648)
1945-—10 Mos.—1944
1945—Month—1944
Period End. Oct. 31—
Investment News
162, p. 2022.
Pittsburgh,
Pa.—*
Change in Name and Stock Split-Up Proposed—
62'/2c"
1-
2
12-17
37'/2c
2-1-46
1-15
31Vji
5-1-46
4-15
37',2c
8-1-46
7-15
15c
12-
$2.50
1,
12-20
$1.75
1-19
SI
12-15
?$1
30c
*15c
11-15
12-10
1-10
12-
1
The
stockholders
were
*
to
vote
on
Nov.
30
on
a
proposal
company to Rockwell Manufacturing Co.
four-for-one basis.
prompted by the expansion a,nd diversifica¬
tion of the company's manufacturing facilities, z During.the year, the
company has acquired five
new subsidiaries.
The new name is that
of the President and Chairman of the board, Col. Willard F. Rockwell,
to
change
and
to
the
name
split the stock
The change in
who
brought
the
Manufacturing Co.,
12-15
11-30
Meter
12-10
11-9
and
on
the
a
Pittsburgh
12-15
Co:,
of
name was
1-2
'
scheduled
Meter Co. and the EmMt'b'e
1927 to form the Pittsburgh
since.
■
'
together in
has headed
it
'
In
addition
to
the
name
change,
the
directors
Met.pr
Equitabl#
•*'
•
recommended that
(Volume 162
THE COMMERCIAL. & FINANCIAL CHRONICLE
Number- 4443
the authorized 500,000 shares of common
000 shares.
See also V. 162, p. 1678.
'
stock be increased to 4,000,-
Pittsburgh Plate Glass Co.—Listing of Common Stock
.
■
12 Months Ended Sept. 30—
Operating revenues———-.—
Operating revenue deductions—_y—
Porto
Rico
income
Retirement
reserve
.f'.'
.
Judge
Guy
Dickson
D.
of
two
operating
untangle the "complicated" affairs of the railroad and
subsidiaries, which find themselves $30,COO,000 "in the red" after
of receivership, were Thomas C. Buchanan, former Pennsyl¬
vania P. U, Commissioner of Beaver, Pa., and Robert C. Sproul, Jr.,
of Pittsburgh, a certified accountant.
'
'
1 !
" \
*. Shareholders
had
petitioned for Mr. Dickson's removal and
an
dividends
1
EARNINGS
Gross
Net
• •
OCTOBER
FOR
irom
from
Net ry.
Gross
1—
*10,492
-
•
from
railway—
railwayNet ry. oper. income—
'
$125,913
30,309
16,735
.
*3,309
directors
and
the
on
'
record
,•
55,599.
* 65.930
y
.^^yU^y■:
■
v^
.
.
October—
Net
from
1945
-
railway
railway——
oper. income.—
from
Net ry.
-
.
1,968
*4,264
•
■l:r From Jany.I^yyy;.^:^
Gross from railway
1,213,293
Net from railway—
-247,241
Net ry. oper. income—
^
'Deficit.—V. 162, p. 2188.
1944
"
y
'
•
vf
- ■
will
y
New
declared
,
quarterly
dividend
last,
$1
be
The
,23.471
y
-
of
18,538
board
per
342,013
•'
'
,
and
•
U.
!
and
conver-
Total,
t
l
.Domestic appliance division expense—'
•
Other income-
months
9
ended
12 months
end,
Sept.
Sept.
30
2,295,000
30—aa—™
2,899,000
.
.y
(At
Before income, profits tax and renegotiation
:4.;
(Bi
Income,
profits
tax
and
renegotiation
Provision
Profit
reserve.
.5
.
"
,
■
Pittsburgh, Pa.—New V.-P.—
U
the
stock
offered
be
sale
for
for
cash
to
pursuant
public
invitation
-
••
receive
cash
their claims.
in
the
assets.—V.
162,
p.
12 Months Ended
operating
Operation
—a——„
Maintenance
General
Net
'
_
earnings from operations—
•Other income
1945
Total net
Total
4,994,207
for
™a——'
.
offered
Loeb
publicly
Co.,
&
earnings—-—:——
deductions—--—™-™--——™-
2,219,122
1,775,000' V
Normal income tax apd surtax—..
124,837 .
Excess profits :tax—-—--ir——;,y../ 233,601
.—a—-™™.™-™
' ™™™_*
$1,509,603
$2,369,574
—™_
——_
98,642
15,000
33,739
7,320
and
income
State
taxes—
1,162,500
1.830,571
excess
prof, tax
1,286,463
Ctl06,700
CAPITALIZATION
1944
income
—
1,412,875
taxes
——
3,234,963
__
Gross income
interest
yy.w!—
and
other
—^^—!
income
Balance, surplus
-
Net
ir
$1,406,991
Gen'l
and
income
—
.
$1,937,117
to;
multiple declarations, 1945 makes
provisions for 11
>.divid«itts||fi^§'44 for ten months dividends—V.
Period End. Sept. 30—
$3,467,581
Maintenance
i
-.««• J
395,219
——
343,363
.
Net
operating income
income,
:
at* the office of the
Mgr..;
E.
J.
Schubring,
B.
Vice-Pres.
com¬
General
and
*•;
CONSOLIDATED
:■
proceeds
,
'
•
BALANCE
'
from
the
sale
of
-
SHEET
,
,\'
June 30, '45 Dec. 31, '44
—™———™—$2,640,156 " $2,032,659
.Receivables (net)————-—-——.—1,431,471
■"•Inventories :'-™—-:
™,.2,748,511'
Plant' and equipment, • less reserves———
;
775,999
Investments, etc.
99,375
2,088,56S
2,415,907.'
824,942
—
64,375
—
—
Prepaid
:■
,
4,758,723
' 1,289,358
1,600,822
1,325,307
o
■
646,691
2,363,615
2,674,981
$2,883,800
$2,780,833
Gross
Int.
income
and
other
a.—!—
5,640
•
6,166
$670,748
238,392
$688,865
*
18,588
deducts.
!
$2,793,583
929,502
234,247
-------.-rf-™-a,
v
,
■
17,223
:
,
•
$7,975,221
$7;728,971
'
$597,936
664,562
2,618,538
—
Capital stock
♦Capital surplus
—
—
surplus
Total
—.-a-——
™™!—
—-1
40,038
262,480
payable
Advances' on contracts—-————-a—a—
Earned
,
262,486
^
$505,231
392,667
Accruals
(taxes, labor, etc.)-.——.—-—-—2,675,247
Current niaturity on long-term note-—
65,000
Reserve for 1944 renegotiation———
114,397
4%
note payable———685,000
Reserve for inventory
adjustment, etc.™——__ \
345,105
LIABILITIES—
Accounts
12,750
$2,902,388
961,161
expenses
Post-war refund ™!'-.w*™—,
''^.yTSaivi™
,
$682,699
$665,107
(net)—
4,922,647
1,374,181
1,551,176
1,342,180
352,145
—
Depreciation
.
629,370
409,889
'
2,153,314
1,944,279
$7,975,221
—
—
629,370
409,889
65,000
114,397
685,000
$7,728,971
♦Capital'stock—Dec, 31, 1944, 125,874 shares (par $5); June 30,
251,748 shafes
(par $2.50)—(2-for-l' split in Aprils. 1945.)
—v: i6i, p. 1247.
; ■■■•., ;
1945,
566,100
659,900
$1,506,749
on income
1 ')■}! 1 XJ\'
.
265,248 shs.
Elmer B. Ott, Vice-Pres. and Treas.; Leroy G. Berigan, ViceProduction Manager; William A. Hastings, Sec'y; J. Clyde
CONDENSED
1945—12 Mos.—1944
1,158,450
363,770
386,554
Taxes, other than Fed.
339,738
Fed. income and excess
profits taxes —501,000
n,
.
„
Net income
u
—
$432,356
$454,618
$1,941,226
$1,864,081
.
■
V.
162, p. 2312.,
y'
■,
..
Public Utility Engineering &
Electric
tion
■
'i
300,000 shs.
and
ASSETS—
N
$3,578,569 $14,437,598 $14,430,027
1,211,411
Operation'———
2,627,584
..
<■•
'
$750,000
"
PURPOSE—Company plans to use the
stock for additional working capital.
months
162, p. 2188.
Oklahoma—Earnings—
1945—3 Mos.—1944
Operating revenues
(resulting from
1945 bond redemption and refunding) credited to earned surplus, y:;
-VVl. I'.l-V.'e
HV
Outstanding
Cargill, Pres.; Donald W. Tyrrell, 1st Vice-
W.
this
$1,417,744
$460,943
•
$1.83
:
'
*Due-
y
'♦Equivalent to reduction in Federal 't^xar'
$2.22
$750,000
!>.
,
Ryan,. Sales Manager.
-
—
,
par)—™
Madison, Wise.
Counsel;
,
••
($2.50
OFFICERS—William
$1,772,027
$1,749,600
365,036"
331,855
———
—
.
(UPON COMPLETION. OF THIS FINANCING)
-U—i--!
TRANSFER. AGENT—Stock is transferred
pany,
$3,306,570
$3,294,815
•. 1,534,543
! 1,545.215
charges—--—*-—*—;.
—
Capital stock
»
552,006
1,425,245
—
profits
'
,
70,294
/■
$560,963.
Authorized
Funded debt
$1,718,320
:
Crl54,341
per share-—*aa™™_«™!—™_
•
$1.32
'Adjusted for 2-for-l split in April, 3945.
$17,126,909
7,776,077
excess
1943
$1,638,098
•/ 80,222
•
—_
_a™™™™——™
——
♦Earned
Subs.)—Earnings—
income).
and
.-
.
$2,276,982
92,591
'-'Net'profit*——™™-*-—$332,103
126,927
inc.
1944.
$1,391,108
a—-118,495
charges
Federal
$3,167,888
than
June30, '45...
—
/-
Red Bank Oil Co.—Ban on
,
——Calendar Years-—,
,6 Mos. End.
"
.
Post-war refund of
85,416
'
,
,
CONSOLIDATED• INCOME ACCOUNT' ' '' 'i
Total
Other
debentures.—V. 462, p. 1678.
$5,360,333
,
Company and wholly owned
City Battery Co., and Blake
excluding temporary war corporations in
nominal investments).
.
has
Ray-O-Vac
Depreciation
,,,yy
revenue.!™—: $3,221,154
;
$5,071,915
- 288,418
$6,289,677
;
.
New
,■
•
1.360,535 y
$5,999,594
income
♦Provision
be
—569,204
replacements
operating
Net
4,840,397
833,596
1,084,504
a—-—-_™-_a—™——290,083
Prov. for Federal income taxes:
will
Kuhn,
yi.—8,381,390
:
•-
Offered—
but
Other income
Pres.
Other
,
to
by
^Provision of or dividends on preferred stock
''}'y './UV
'r:'» .>•.-*H v '
' * -v"?
1944
1,133,913
1,620,230
—_——
taxes
The
Cash
.
Stock
—
one
I
Pres,
;
Wis.
,
patent
and
Corp.
,r.„
Operating* income
•
•
1,352,895
1,329,638
Total
*
1,016,260
:—
depreciation—
headed
15-year 5%
expenses and repairs™:
(other
Net
$14,764,204 $13,190,947
——
——
——
for
Provision
'
——
held.
common
of
;
Sept. 30—
revenues
of
the
21.
subscribed
not
underwriters
Public SerVice Co. of
Gross
shares
on
industry:","!
office
.
basis
2,879,153
.v
69,250
y
2312.
Portland General Electric Co.—Earnings—
'
for
;
this
under
the
in
follows:
as
for Fed.
Other
1
common
expire Dec.
11
the
share
of
Provision, for Colorado: State income tax—67,826
payment of prior claims of bondholders and other creditors would
be paid in cash the full par amount of shares held and all accrued
and unpaid dividends.
All remaining cash, would go to holders of first preferred on a pro
rata basis until they had received $100 for each share held.
;
The plan does hot contemplate participation of second preferred
and
by
each
on
per
on
AND
;y
proceeds,
Prov.
principal amount of
Holders of prior preference stock after provis'on for full
cents
35
holders, of
made
FINANCIAL STATEMENTS—Ray-O-Vac
(Lancaster Carbon Co., Sioux
a
common
part
y Taxes
~
of
to
was
main
which
stockholders
common
preferred for
preferred
r.ew
share
Provision
full
for
offered
Maintenance
plan
sealed written proposals.
Holders of bonds would
be
new
offer will
of
a
Operating
-
15
each
Madison,
Co.,
Manufacturing
/
y
-
Dec,
cents
the
subsidiaries
$730,217
.
9 Months Ended Sept. 3C-^«
1945Gross operating revenues—$18,312,659
Guaranty Trust Co.
:<
:
:
—y'
—
Public Service Co. of Colo. (&
of New York filed with SEC an alternative
for the company.
;
j
The
Guaranty Trust Co.,
trustee under the indenture
securing
Portland Electric's 6%
collateral trust income bonds, proposes that
instead of distributing common stock of Portland General Electric Co.
and Portland Traction "Co. to Portland Electric's security holders the
The
reorganization
•
redemption of $895,700 of
Portland Electric Power Co.—Alternative Reorganiza¬
'
2,864,000
330,000
y •:
s
estimated at $4,172,126, if all preferred is purchased
stockholders, will be added to general funds and used
(I) To manufacture domestic appliances (such as
stoves, refrigerators and air conditioning equipment) at the Hegewisch,
Chicago, plant; (2) to rearrange and add to equipment of the McKees
Rocks, Pa., plant;
(3)
to replenish company funds for the recent
Chicago district.—V.
;
$50
by
Green
tion Plan—
income
on
15
'
Net
-
all sales of Porter, Devine and Quimby products in
162, p. 1678.
taxes
contingencies
.:yyy:
■ >rj
:%yv:y,;^
company
also supervise
and
of
Manuracturing Corp., of Clinton/ Mass.
In addition to
the Blake Manufacturing Corp. also produces a complete y:
flashlights.
Plant area, including subsidiaries, totals about
650,000 square feet.
The company's reconversion to peacetime production is practically
complete and production for the Government has practically stopped.
Currently plants are operating two shifts with overtime, with a total
personnel of between 3,000 and 3,500 employees.
-
<
will
of
Shares
at
has been recently appointed Vice-President of
and its subsidiaries, according to an announcement by
T. M, Evans, President.
*
'
'•
1
As Vice-President, of the Mt. Vernon Car Manufacturing Division,
Mr. Green
has been in charge of freight car sales.
Now he will
L.
period
stock
share
subscription
in
(H. K.) Porter Co., Inc.,
for
State
1, 1956™
The
one
provide addition to working capital.
This brings to
over 80% Poors ownership of Kensington stock.— V. 162,
George
and
dividend
a
payable
Blake
line
,The company has registered with, the SEC 85,955 shares Of ($50 pat)
4\<z'!c
cumulative
preferred
stock,
series
A,
convertible
prior
to
Jan.?
to
this
Federal
Registers Preferred Stock—
1945, com¬
pany issued $1,500,000 20-year serial debentures which
were sold privately.
The proceeds have been used to
retire outstanding 10-year debentures of 1941, ($366,000 outstanding Dec. 31, 1944), to finance the purchase
of the additional stock .of the Kensington Steel Co., and
.
estimated
declared
$1,
batteries,
v.;
;
Sells Debentures Privately—As of Oct. 1,
p, 1678.
for
have
and this places it in an enviable
y y:v.\
; yy:
.-y
plant are located at Madison, Wis.
Company has recently rented, and is renovating a large building in
Madison in which its offices and laboratory will be centralized. This
will
free
additional
space
in
the main
plant for production and
yimprove personnel and
recreational facilities.
In
1944
a
plant in
Fond
du
Lac, Wis., was leased, in which it manufactures its own
zinc
cans,
all of which formerly were purchased.
The production
of its own cans permitted the company to meet the increased war
demands and should prove valuable in post-war production,
y The company owns three subsidiaries, the Sioux City Battery Co.,
of
Sioux
City, la,the Lancaster Carbon Co., of Lancaster, Ohio,
,$4,288,'587
Provision for post-war adjustments
yy'.:V'('y:;yy-:yy.y:;y:;y:>yyy:.y:;'yyyy
10,265,797-
company's
The
>Other 'deductions ■^.166,660
Provision for depreciation and amortization—197,710
'
reserve.
(C); After income, profits>ax and renegotiation reserve..
^
Total .income
225,000
204,000
622,000
803,000
3,670,030
5,821,446
.
■
$193,000
-
—.753,000
quarter
.
.603,000
549,000
1,673,000
2,096,000
828,000.
3,911,873
1,601,212
.v:;:
par
of
HISTORY
'
$521,000
$714,000
20
position
$4,122,565
'
166,022
^
418,461
81,679
and
taxes._
distributions
Oct.
and
Z•
Operating''.profit
1,921,394
931.
"
;
BUSINESS—Nearly 40. years ago, on Jan. 17, 1906,"
incorporated in Wisconsin as French Battery Co.
regular production of dry batteries and flashlights
was
supplemented shortly before the war by the development and
patenting of the
"Lealcproof"- flashlight battery.
During the war
years
this greatlv improved battery was supplied practically exclu¬
sively to the armed services.
:
*
In
1944 tne patent covering
this improvement was upheld by the
U. S.
Supreme Court.
The company is not licensing other battery
660
>
y
stock,
company
925,179
45,525
?-
——
y
433,002
trustees
the
y: The
$5,093,928
,
general
V
Harley, Haydon & Co., Inc., Bell & Farrell, Madison, Wis.
Co., Milwaukee, Wis., are offering at $22
per share 13,500 shares of capital stock (par $2.50).
4,040,435
expen$es__i_^-——^
and
expense—.
tank
: „•/
and Loewi &
-
—^
administrative
Armored
v.
-•
income
profits
manufacturers
$1,053,493
income
Selling,
166
_w
\
Ray-O-Vac
(par $1 per
sold to Kuhn,
—i—.
5,133,032
7,895,913
Crl2,449
875,613
record Nov^ 30.
April 16, July 20
current year, total dividends for 1945 will amouht
to 80 cents per share.
y-"..-'
Total payments
In! 1944 were as follows: April 15, July 15 and.
Oct. 16, 15 cents each; and Dec. 15, 30 cents.—V. 162,
p. 607.y
With
to
—
6,409,745
879,097
'
162, p., 2188.
The
execution
.Gross: profit
•-
,
Third
Govt,
capital
railroad revenues, etc.————-i- $17,233,821
Cost of goods sold, - operating expenses, -etc.~-exclusive of •
•:
;
depreciation
16,180,328 5
—
',?}'■ V*.!Vy""'"V'N^""v{V!v
the
748,265
y
620,917
;
,-
(George) Putnam Fund of Boston—35-Cent Div.—
y
Sales,, rentals,
———
First quarter —————
Second quarter —
S.
^V.
'
"
,
>095,93T,
20,910,746'
15,777,714
701,150
—
•
CONSOLIDATED INCOME STATEMENT, $ MOS. ENDED JUNE 30, 1945
quarter
™—$779,000
$569,000
$210,000
quarter
707,000
517,000
190,000
Third quarter >
*
' 511,000 y< 369,000 : ,142,000
9 months end; sept. 30
i
a-—
1,99.7,000 .1,455,000
542,000
J2 months end. Sept. .30—
a*/ 2,528,000
1,844,000..
684,000i-y'■'-.J
,
approved
1,085,990
18,040,827
11,631,082
Payroll taxes
,
(C)
,
.
'
126,429
2,951,926
2,203,661
.™_!™._
tlncludes— "
between
sale
Income from fixed, fee contracts.
r
-
stock
common
Company—Earnings—^
(B)
accrued
Deprec. adjustments
,
rt
(A)
•;
1945,
20,
2,833,366
107,794
■
'Includes—
company and Kuhn, Loeb & Co.
for the
Kuhn, Loeb & Co. of not exceeding 12,903 shares
share) at a price of $22.60 per share.
were
Loeb & Co. on Sept. 25, 1945, and were
disposed of to the public at $23 Va per share. «
;
L
The proceeds were used for the purpose of partially replenishing
working capital, which was depleted by the redemption on Sept. 24;
1945, of the then outstanding shares of the first preferred stock (2,849.
shares at $5.25 per share)
and second preferred stock (4,771 shares
at $50 per share)
and the retirement during the period from Jan. 1,
1945
to
Sept. 20, 1945, of the outstanding 15-year 5'fo
debentures
due
Jan.
1,
1951,
principal amount $1,531,200.
In
general,
such
additional working capital is being and will be applied to the payment
of ^current'-material and labor: costs and taxes,, '
/ ' • ; %
.
'
longer required for
shares no
Sept.
on
.2,887,201
1,222,067
;
Operating income
.
:
4,397
-'
directors
3,929,303'
322,540
—311,867
y Depreciation
,
280,697
,
beginning Dec. 20, 1945 of the full redemption price and accrued ;
to Dec. 31, 1945 at the Continental Bank &, Trust Co., 30
£road St., New York, N. Y.
■,
,
'
T
'
;
Funds
for
this purpose
will come from a $6,000,000 loan from
Alleghany Corp., and the balance from treasury cash,
Of
the outstanding preferred stock, ^ 22,426 shares are owned by y
the Chesapeake &
Ohio Ry. and 31,069 by the Alleghany Corp.—
.V*' 162, p. 992.v:.y ••;r' - y
.
per
share
per
Exchange has
listing of
of
The shares
dividends
•'
cents
•
<
agreement
an
issuance
1,043,855
:
1,242,035
402,038
226,622
.
of
ysion purposes.
$114,032
made
"
25
against 20 cents on March 15, 1945. Total
share, as compared with 65 cents in 1944.
as
-
has called for redemption on Dec. 31, next, all of its
outstanding shares of preferred stock at $100 per share and
accrued dividends amounting
to $2.50 per share.
Payment will be
:: 1945—
of
10,814,809
3,973,191
"
y.
of '5* cents
convertible first
cancellation
1942
1943
(The) Pittston Co.—Calls Pfd. Stock—Secures Loan—
Second
dividend
extra
an
16,954,838
448,969
419,661
revenue—
tTaxes
preferred stock and 5','c convertible second
preferred stock may be listed as freed of such reservation and issued
upon
the sale thereof on Sept. 25, 1945, making a total of 945,500
shares for which application has been made'(after giving effect to the
The company
First
J • •«s-
par $5,
both payable Dec. 15 to holders of
Distributions of 25 cents each were made on June
York Stock
cumulative
80,592
63,241
Poor &
/-yy
"y-i
••
net
2,825,497
y' 1,114,273
levenue
Total
stock,
15,
Net
29,971
authorized the listing of 949;897
shares
of
common
stock
(par $1) so that 12,765 shares previously
listed as being reserved for issuance upon conversion of shares of 5 %•.
of
177,498
5.1,923
902,62744,902,6525,298,692'
622,838
:
i___™!_™
expenses
'31,046,521..'
45,791,106
'3,609,972
5,128,251
—™
101,965,301
3,727,630
38,560,084
109,064 Crl,473,102
5,166,473
602,325
car opers..™
revenues
Total
y
Pressed Steel Car Co., Inc.—Listing of Additional Stk.
—12,903 Shares Sold—Proceeds for Working Capital—-
1,238,106
225,727
$146,243
51,354
1
,25,003
1,286,585
229,962
176,614
20,670
last
1945—9 Mos.—1944
1057442,898
12,413,280
4,490,534
Crl66,544
cars_«™_,—
maintenance™'
Auxiliary operations:
$111,651
'
week
.
1945-^-Month—1944
11,207,062
Net revenues —..'.l™—
Total
excess
-
,
$116,429
*31,537
*13,340
$113,395
165
27,337
$136,^634
!
Sept. 30—
General expenses
Ml,,,,.™..;..'
$133,265 '
of
other
Conducting
$138,988
-
corresponding
car opers.:
revenues
*Maint.
All
-
14,132
-
Gross
v
■
162, p. ,1398.
■
•r' Pittsburg & Shawmut RR,—Earnings-^
y;
$J58,393y* $154<801
25,128
28.JL6T
•
Sleeping
$138,823
2,3407-Jfy-;
i
Period End.
Total
y..-l.i.na
»i
II »
the
25l9%r
,
regular
1.
Sept.
1945
for
127,645
28,612
1,237,684
269,054
130,555
1,070,540
*131,429
fDeficit^-V.; 132> p. 2188.
Dec.
and
^ '
t
*7,466
* i» •
$156,05S^\"*$l63,718
.———_
have
the
common
The
£54,426
Net from
■
•
* III
I
for
output of the
(The) Pullman Co.—September Earnings—
,
1942
194J
'
1
$107,354
7,252
*18,674
'
£EAR* TO/DATE
vl944
-
$63,942
railway
railway——
Income.--
oper.
From 'Jan.
AND
•
1945
-
-
■*>! n
Pqwdrell .& Alexander, Inq.^—^Extra Dividend—-,
share
15
*
• -•-
^
■
1
t!
'
»
.
>'*: October—
1
income——.'
162, p. 1325.
y T^he
years
'
«
(het)„L—•
Y-'->y-'. ■'
to
v
\t ■
^
deductions
Preferred
~V.
,
Recounting, .of funds.-,
y
'.income,y
Net
Its
40
5y;
V
-
——
■' '
Income
Nov. 28 removed
of the road, and
K. Bard at Pittsburgh on
Wellsville, N. Y., as receiver
his stead.
'
•
receivers in
> Selected
accruals
kwh.
"
^
V
operating companies served by this corpora-r.,
tion for the week ended Nov. 17,
1945, totaled 183(880iboo kwh.. a» '
compared with 200,569,000 kwh. for the corresponding week last year. "
a
decrease of 8.3 %V. 162, p.
v
^
with
196,890,000
decrease of 9,9%.
a
Electric
'1943
$519i321
301,855
35,027
43,616
315,066
34,757- > t 36,678
38,311 v,v 34,480
y.
,
Federal
year,"
joint
a
1944
"
$549,939
$561,690
332,5701
taxes—™—.—'
'
income
V. 1945
r--Gross,4ncome:--y™——-
Pittsburgh, Shawmut & Northern RR.—Two Receivers
Appointed—
.
John
//•>,"*."
,
.
Other
'
named
:
Utility
f
yy-'/V v'y/VV>.-J'-
f.yy
filed
Porto Rico Gas & Coke Co.—Earnings-—
,
''lyyvfyh
vyv!V:,.';
have
Co.
application with the SEC asking permission to sell their holdings of
certain capital stocks of the Seattle Gas Co., including 1,500 shares of
common stock owned by the Cazadero Real Estate Co., a wholly owned
subsidiary of Portland Electric.—V. 162, p. 992.
The
New
York
Stock
Exchange has
authorized the listing of ■"
8,886-,258 shares of
common
stock
(par
$10), consisting of the
following: 8,852,224 shares, all of which will be issued and outstanding
In the hands of the public upon the effectiveness of an amendment
to the company's articles of incorporation and action by the board
of directors by which the 2,213,056 outstanding
shares of the com¬
pany's common stock (par $25) will be converted to 8,852,224 shares
of common stock (par $10), and 34,034 shares of common stock to
be issued on or about Jan. 1, 1946, pursuant to a plan of reorganiza¬
tion entered into by
and between Pittsburgh Plate Glass Co. and
M. B. Suydam Co. (Pa.), all of which stock will be issued and out¬
standing in
the hands of
the
public after the approximate date
Set forth above.—V, 162, p. 2022..
'
v.
compared
■yr...To Sell Seattle Gas Co. Stock—
The% company and jportland Electric Power
'.'..y!y-,:t :1
'.'I y
for
Ui.l
output of the operating
the week ended Nov. 24,
j
i
/
-
M. *•
:-ii il ,!'•
Service Corp.—Output
companies
1945,
f
.
i.
served
totaled
t «• ' -J
by
this
corpora-
177,302,000 kwh„ as
l. -t--*.' }■■■ « -t-i-
i: -v:y
The
forty
Securities
days
Trading Continued—
and Exchange Commission for the fifth time within
has again
suspended trading on the New York Curb Ex¬
change,^In. company's,qommon
stock .for a 10-day period, effec^tiv^ at
THE COMMERCIAL & FINANCIAL CHRONICLE
2686
the
preferred
io.
Dec.
was
of
hearing
public
8%
the trading session on Dec. 3.
The Commission said
required in the public interest "pending the further
the facts concerning the corporation's affairs in the
now being conducted."-—V. 162, p. 2312.
of
opening
the suspension
development
Jan.
'
October—
:
.
Net
April 2, $1 each.
regular quarterly dividends
ry.
95,919,780
22,784,826
11,336,335
income—
oper.
96,873,390
29,323,386
11,857,298
'
33,877,409
cents
>.
The
will
($100
directors
The
'
following
Nov.
on
declared
16
semi-annual
a
dividend
share
estimates
'
1945,
of
$1
and,
made
was
on
Natural
that
its
Southwestern
in
June
also
has filed
redeem
at
shares
4Va%
cumulative preferred stock.
The company,
of its presently outstanding 7%
and 6% cumula¬
right to exchange their shares for new stock on the
One share of new preferred for each share of 7%
share of new
one
6%
preferred.
Accrued
share on the 30-cent convertible preference stock, par $4,
payable Jan. 1, 1945 to holders of record Dec. 20, 1945., An initial
distribution of 6 lA cents per share (covering the period from April
tional
sold
the
to
amendment.
of
the
use
Gas
York
New
July 2, last.—V. 162, p. 252.
was made on
corporation has entered into
Aircooled
the
Motors
Corp
of
purchase outright
for $1,500,000, Alfred
agreement to
an
Y.,
N.
Syracuse,
The
remainder
|
and
manufacture of
four-place am¬
company,
will be
phibian personal plane being built by the parent
powered by a Franklin 212 horsepower engine.
,
. *
In keeping
with substantial oiders already placed for the Seabee,
an
important percentage of Aircooled Motors production is scheduled
for Republic.
In addition to Republic requirements, a current $2,000,000 backlog contracted for the Franklin engine includes orders from
Bell
the
Corp., the Stinson division of Consolidated Vultee, and
Army Air Forces.
Other substantial orders are in process of negoAircraft
tiation.
<•
"
11
,
Corp. with Carl F. B. Roth remaining as President.—V.
1
»'
<•<
Motors
will become Chairman of the board of Aircooled
Mr. Marchev
}'
:V
.
Rockwell
Manufacturing
posed New Name— ^
162,
7
■" '
tjr.t
,i
16.
p.
..
Pittsburgh,
Co.,
of
.
18,895
directors
Nov.
on
declared
27
of 50
dividend
year-end
a
taxes
Preferred
1,570,031
1,599,063
14,789,603
14,350,524.
1,349,762
1,341,038
12,394,378
11,753,153,
Trustee
Appointed-
Guaranty
cents
Interest", depreciation
share on the capital stock, no par value, payable Dec. 22 to holders
.of record Dec. 8.
Payments of 25 cents each were made on March 26,
June 25 and Sept. 25, last.
*
Distributions during 1944 were as follows: March 20, June 26 and
162,
due
vote
held
for
at
the
12,
annual
162,
Sept. 3D—
A.
been
of Proctor,
Central
of
the
of
co-trustee
Vermont Public Service
company
by District
Corp.,
Judge
$4,128
Other
1945—3 Mos.—1944
'
v
5,470,552
256,661
1,035,375
913,276
(net)—.
686,836
787,700
2,287,438
2,326,900-
$641,341
$620,223
$2,238,706
8,593
4,101
16,602
48,354
$649,933
$624,324
$2,256,982
170,138
200,986
$2,255,308
793.771
$423,338
$l,531,53i
375,000
*1,454,403
375,000
$1,156,537
$1,07b, 103
income
&
taxes
income
exc.
(net)
2398,
P.
Operating
proved—
ry.
$2,794,511
$2,741,706
1,913,856 ' 1,820,877
Net
200,304
162,
approval.
'
-
Louis,
on
The
••
•
-
48,729,990
41,275,988
Railway oper. revenues
tRailway oper. expenses
plan calls for reduction of the road's capitalization from $388,to $247,838,808,
with fixed charges
of $3,001,773, through
wiping out the common stock and unsecured claims.
state
of
the
Commission
Commerce
—V.
bondholders,
have
approved
fr.
Net rev.
Paper Firm—
The
company
Paper Co.
Cloud,
It
—
Nov.
a
-
a
Little Falls under contract.
The
week by The Watab Paper Co. has
manufacture of paper for telephone and
Paper
Co.
at
purchased last
was
principally
understood
is
in
stock
of
that the
for
Watab,
acquisition
which
represents about 75%
The
•
-
all of
1945,
•
$100
,
On
the board voted to retire,
10-year
4%
sinking fund
24, 1945,
outstanding
July
400,000
March
1, 1952,
With
at 102
completion
common
stock
will
the
on
Sept.
due
redemption
the
of
preferred
stock,
the
Net
represent the corporation's only outstanding securi¬
calls
an
total
authorized
of
the current
Increase
in
the
Southern
Pacific
dividend
will
be
shares
common
held.
ry.
stock
a
railway-
RR.
common
the
rate
common
of
cne
as
oper.
from
Net
divi¬
for
dividend
ry.
oper.
Gross
p.
6hare
each
and
a
Stock,
regular
no
par
declared
quarterly
value, and
an
dividend
in Oct.,
1944
$
Prov.
for
the usual
$1
-
per
quarterly
share
of
on
$1
its
per
1944
-.1945
$
—Jan, 1 to
1945
1S44
■■■
.
'•
the
dividend of 2%
common
on
the
"
30.342,699
711,938
711,938
23,450,000
6,800,000
6,500,000
2,200,000
Co*—Earnings—«
1945—9 Mos.—1944
$1,848,992
6,300
6,300
$228,693
154,934
'
42,632
$205,174'
132,803
52,671
tfhare
proclamation by
a.
$2,014,711 $1,842,692
1,334.134 ' 1,057,493
405,736 • ; ' 517,116
income
tax
operating
(income
shares
Earnings
■
•After
Federal
In
that
months
with
Mr.
approximately
»
T V;:. :
further
Holliday
company's
.
$5.63
.tAfter
barrels
net
per
September
adding
(charges.; and
A
,
r
stated
that
during
the
first
nine
oil production at the end of Bept,, ,1945,
barrels per day as compared with about
the close of Sept., 1944. Since "the tend of
the assets of Margay have been acquired,
crude
21,800
day
at
quarter
approximately
duction.
:• v,
2,200
•
■
a
day to Sohio's crude toil pro¬
y.fV
'
barrels
■.
A: Merger Approved—
See
all
1945, 128 productive wells were completed as (compared
productive wells completed during the same period fn 1944.
was
I
2.018,937
—
motor
The
*
2,602,154
»hare_:.«_.___.-.—$1.77
of
108
11,500
$
on
while
since
crease
products.
1944
current operations, W. T. Holliday., President,
gasoline sales have shown a substantial* in¬
V-J Day, industry cut-backs have reduced sales of war
commenting
stated
140,516
?
1945
gasoline and oil taxes.
income and excess profits taxes,
$258,083
J
;
95,802,834 125,201,443
5,146,650
5,323,363
—
outstanding
©ommoa,
per
129,773
'
\
(& Subs.)—Earnings—
deducting
$274,841
>
are
(Indiana) —Registrar Appointed—
income—
6,869
SEC
rata
facilities
reducing
$
•Gross
$19,700
Subscribe to Nat¬
1945, the
Sept. 29,
obligations
Sept. 30—
13,175
v':.
President on
Guaranty Trust Co. of New York has been appointed registrar
value.—V. 162, p, 2190.
$31,127
a
the
elected for tax purposes to amortize its war
period
of
the
emergency,
thereby > materially
Standard Oil Co. of Ohio
6,659,283 284,662,722 301,720,593
-
$11,119,173 $45,804,444 $28,736,025
$1,15
"$0.86
$3.52
$2.21
I
$2,021,011
700
income $14,951,365
9 Months Ended
the
i/,
35,946,649
237,313
during the* war years. Officials of
company have alEO elected to amortize substantially all erf these
facilities on the company's books within the same period.
!
The
$
700
.
;
>
10,072,079
237,313
for 15,284,864 ahares of capital stock, $25 par
VjAV-'
i1"< ^!i' '•
('' ,",r' *' **cf1' VA;.r;" V.vV* y,
1944
"
1930.
V"'■. V'
12,590,734
debt
Standard Oil Co.
Nov/14-^—
.
$
subsidiary of the Mission Oil Co., has asked the
for permission to exercise its preemptive right to acquire its pro
Company,
depl.
The
applicable) portions of the aforementioned adjustments
provided for in the 1945 earnings above.—V. 162, p. 2024.
-
ural Gas Stock—
share
2,381,151
has
Federal
the
per
on
the
:
Southwestern Development Co.—To
Dividend—
dividend
p,
4,194,799
period. $17,151,365 $17,610,173 $52,604,444 $52,186,025
net
income
within
«*
$
:
operating income
162,
Subs.)—Earnings—^
917,384
1,705,549
funded
cons,
company
$20,602,113 $20,011,735
8,705,281
9,603,978
2,828,292
4,295,069
$229,393 ~ ~ $205,874
revenues
income
'
_
for Pcdfirftl
Based
1942
162, p. 2359.
Net
—V.
1744.
p.
$29,979,412 $27,928,564 $89,203,031 $03,240,662
Gross inc. for
tNet
Operating revebues-^
Operating expenses
Operating taxes
Net
-
deprec.,
on
Common
;
160,
1945—3 Mos.—1944
1945—9 Mos.—1944 {
$28,080,485 $26,841,347 $34,492,815 $80,289,419
193,378
- 169,833
875,417
570,092
and amortization
6,915,240 292,657,362 308,635,833
5,414,100
—
rev—
Factors and has
been engaged in
by Standard
Recently! he has
3941.
1945,
Redemption—
extra
of
8,573,662
2,643,933
5,542,499
oper.
Theodore H. Silbert, Executive Viceformerly
active
head
of Merchants
absorbed
work—V.
income
misc.
Interest
Net
Southwestern Associated Telephone
Period End. Sept. 30—
1945—Month—1944
Operating
by
was
since
Total income
common
2312,
have
Other
each,
for
■
states it does not plan to issue any additional preferred
stock at the present time.—V. 162. p. 2024.
directors
Standard
termination
income
Dividends received
bonds
mortgage
1943
1944
-Week Ended Nov. 14-
earnings
27
was
Period End. Sept. 30—
war
earnings
Gross
which
Operating
■
on
returning
Nov.
Goldstein
Standard Oil Co. of California (Sc
212,018,062 218,376,284 203,252,265 165,590.286
95,385,847
71,533,014
78,042,968
87,509,270
30,161,400
32,814,375
24,400,376
27,362,298
■
—V.
ten
-
South Porto Rico Sugar Co.—$1 Extra
The
44,529,722
on
York—Official Returns
his duties aa Vice-President of
from service with the armed forces,
resumed
has
on-income (est.)
1945
corporation
162,
with
Prov.
2,603,828
income.
income
Exchange has authorized the listing of 4.896
•
jj>
interest,
—V.
refunding
first
1945
has called for redemption on Jan. 1, 1946, at 100
$1,500,000 of 15-year 2% % debentures due July 1, 1954.
Payment will be made at the Guaranty Trust Co. of New York, sinking fund agent, 140 Broadway, New York, N. Y.
.vA-:'
It was also announced that on Nov. 14, 1945, $43,000 Of debentures
previously drawn for redemption had not been presented for payment.
r
Corp.,
contract
-Week End. Nov. 21- —Jan. 1 te Nov. 21—
Uncollectible
The
42,671,933
Mr.
been
1—
railwayrailway
Period—
".i
;
preferred
share
a
.
Shell Union Oil Corp.—Partial
and
Co.
7,094,093
from
Net
The company
or
324;81t
& Sons—Listing of Additional Commoa
Stock
announced
was
Financial
excess
$19,919,647 $22,120,064
railway
Period-—
one
at
and
..
Squibb
President.
on
and
1945
.
From Jan.
150,000.
(par $20) and 14,500 shares of common stock
the 145.000 outstanding shares of common stock.
The
625,474
-V 4249,720
62,858
'
'
-
above.—V. 162, p, 2520.
authorized
stock
shares
.728,293
196,879
1
year.
income
Upon approval of the above-mentioned proposal, the directors plan to
authorize the issuance of 48,334 shares of 5y2% cumulative preferred
three
4,238,017
4,797,380
Federal
from
Gross
for
income
provision for interest charges
from
Gross
capital stock
to 25,0,000 common shares and 100,000 preferred shares.
At present
the company has 145,000 common shares outstanding (par $1) out of
an
79,979
101,277
See Central Pacific Ry;
Net
proposal which will pave the way for declaration of
will be voted or. by the stockholders on Dec. 12.
proposal
(net).
October-
on
Schwitzer-Cummins Co.—To Pay Stock Dividend—
The
742,233
932,533
it
Southern Ry.— -Earnings—
all $11,-
1,
debentures
162, p. 2024.
dend
122,658
,
162, p. 2190.
New York
Est,
and interest,
of
ties.—V.
A
19,221,137
To Seek Bond Tenders—
directors,
31,
,1307,626
213,787
raUway™*.^
■
at a special meeting on Nov. 15, voted to redeem on
the corporation's 120,614 outstanding shares of
par value 5%%
cumulative preferred stock at $105, plus accrued
dividends of $1.37% per share, with the aggregate payment involved
totaling $12,830,314.
' >ii
Dec.
20,398,201
(premium charged earned surplus 1945) of $1,468,057
and $4,038,401 in the first ten months of 1945.
Schenley Distillers Corp.—To Redeem All Outstanding
v
2,198,912
deducting
of
tions
Stock—
1,672,841
,
Standard Factors Corp. of New
profits tax reductions
due to *(1) accelerated amortization of $6,968,107 in Oct.,
1945, and
$13,921,9,01 in the ten months ended Oct. 31, 1945; and" (2) redemp¬
fAfter
approximately $2,000,000.
It is
indicated that St. Regis will make an offer to acquire the holdings of
the minority stockholders of Watab,—V. 162, p. 1930.
Preferred
rents
first ten months of
the
of
paid
it
1,725,226
529,373
.
"•
Harry L. Goldstein
this corporation after
outstanding debt, or other
non-operating income items. tAfter including accelerated amortization
of defense facilities charged (1) for maintenance of way and struc¬
tures amounting to
$1,795,144 in Oct., 1945, and $3,602,531 in the
ten months ended Oct. 31,
1945; and (2) for maintenance of equip¬
ment amounting to $6,476,131
in Oct., 1945, and $12,951,111 in the
•Before
-
,
other directories.
It
11,602,755
88,212,672
104,944
Crl,820,203
(net)—
•Net ry.: oper.
said that T. A. Wark, general manager of Watab would
the Hennepin
Hennepin Co.
been engaged
12,375,771
56,103,033
Crl43,289
taxes
rents
facil
Joint
controlling Interest in Watab
mill at Sartell, three miles north of St.
26 acquired
which operates
also
was
Acquires Control of Minnesota
1,145,227
6,408,655
11,637
646,819
s
on
Minn.
manage
9,397
taxes
tFederal
701,392
1,767,405
State, county & city txs.
Equip,
15,430,636
1,314,478
taxes
taxes
Miscellaneous
145,465,200 177,753,561
6,392,248
6,313,291
6,925,071
6,836,505
7,454,002
615,035
opers.
retir.
Federal
669,233
ry.
insur.
Unemploy.
creditors and the Inter¬
the reorganization plan,
the secured
162, p. 2398.
St. Regis Paper Co.
17,149
.
additional shares of common stock
(no
par)
upon
official ."notice of
issuance, upon the exercise of the purchase privileges under the Profi.t
Incentive Flan, making the total applied for 504,898 Bhares.—V. 162,
p. 2399.
'
52,011,536 511,459,093 525,068,644
36,580,900 365,993,893 347,315,083
The
90%
"-$198,503
1,763,897
596,775
I—*
railway
(E. R.)
*
104>
104*1
$151,174 '
-.15,843.^
16,416
31,670
16,954
oper. income
ry.
1Q44
$163,057
Stock—
1945—10 Mos.—1944
1945—Month—1944
Period End. Oct. 31—
680,293
About
1Q4S
"12,331
.
approved the trustee's plan for reorganization of the road in an
overruling all objections to the plan and reaffirming a previous
g-iprder of
from
•Deficit.—V.
Transportation Sys.
of
,
$329,588
$105,888
income—
oper.
From-Jan.
Gross
"
railway.™
railway:
1930.
p,
Southern Pacific Co.—Earnings
<■'*"
from
Gross
Net
$293,708
93,750
,1
802,570-
Spokane International RR.—Earnings—
16
order
$2,208,628
1327.
Gf»t.nhf»r—
$2,558,001 $24,190,102 $22,662,509
1,882,520
16,790,060
16,073,240
381,773/
4,605,531
3,847,563
$316,599
93,750
$386,045
162, p.
from
,220,518
operating income
$479,795
Balance
Net from
Net
—V.
H. Moore of the U. S. District Court at St.
Judge George
Nov.
...:
;
taxes
Net.; income
St. Louis San Francisco Ry.—Reorganization Plan Ap¬
i
$2,723,177
1,906,338
500,240
revenues..
Operating expenses
deducts.
dividends
Net
<
.
.
rev.
oper.
other
income
Net
$2,735,177
revenues.—
Uncollectible
this
162,
t-'ng term bank loans.
The balance of the funds received from
financing has been added to the cash funds of the corporation.-—V.
4,980,757
1,338,674
Preferred
1945—Month—1944
1945—9 Mos .—1944
$2,570,001 $24,298,102 $22,750,509
12,000
12,000
108,000
88,000
Period End. Sept. 30—
16
1
1945—12 Mos.—1944
$3,003,257 $11,012,068-$10,429,561
269,568
and
—V.
Operating
row
Int.
Co.—Earnings—
Southern New England Telephone
amount of 3Y4% 20-year debentures of the company which are
outstanding, and to prepay the $2,600,000 principal amount of ex-
cipal
be
to
company
1,363,334
Gross incoihe
162, p. 2520.
corresponding week last year,, an increase of 2.0% .—V.
Operating
Nov.
on
the
of
operating income
Net
p. 2024.
completed financing involving $20,000,000 term bank loans.
These loans mature in instalments of $1,000,000
on Dec.
31 in each of the years 1951 to 1954, inclusive, with the re¬
maining $16,000,000 maturing Dec. 31, 1955.
Part of the proceeds of
these bank loans has been used to call for redemption $14,000,000 prin¬
corporation
meeting
1029.
p.
$2,961,078
-
profits
Vt.-—V. 162, p. 2519.
Safeway Stores, Inc.—Completes Finar\ping—
The
23A%
1808).
u.
other than Fed,
Federal
Electric output of the company for the week ended. Nov. 24, 1945,
totaled
2,159,000 kwh., as
compared with 2,099,000 kwh. for the
corresponding week last year, an increase of 2.9%. ■
Electric output of this company for the week ended Nov. 17, 1945,
totaled
2,110,000 kwh.,
as
compared with 2,068,000
kwh. for the
resignation Of Wallace M. Fay
vacancy following the
.Leahy to fill a
:
President
Cree,
appointed
trustee;
40-year
162,
V.
see
&
depreciation
taxes
Southern Colorado Power Co*—Weekly Output—
Rutland RR.—Co-Trustee Named—
Albert
has
appointed
been
)
162,
and Dec. 22, a year-end of 80 cents.—V.
2519.
p.
has
of $75,000,000
offering,
stockholders'
1945.—v.-
.
Sept. 25, 15 cents each,
issue
an
(For
2399.
p.
Dec.
Taxes,
120,764
$7,385
Surplus
York
New
of
1985.
Southwestern Gas & Electric Co.—Earnings—
per
-V. 162,
1,
directors have designated the close of business on Nov. 16, 1945,
record date fbr determination of common stockholders entitled
the
to
82,671
122,186:
Co.
registrar
Oct.
Southwestern Electric Service Co.—Annual Meeting—t
The
as
97,009
and dividends-
Trust
agent and
debentures
$304,572
70,791
26,985,66a
31,976,310
Operating revenues
Oper.
exps.,
maint.
109,522
68,107,727
3,225,131
The
1944
1945
.
111,443,919
7,646,639 " 77,561,234
3,309,642
______
paying
—V.
1945—9 Mos.—1944
-"'if .*•(-' *• '-4$ &■■■'•'
':g
12,555,344 124,327,147
revenues
income ■/_.
Net
$309,884
maintenance
and
prom¬
a
Gas
operating income
Net
Ltd.—Earnings-
Month of October—
Operating
(The) Ruberoid Co.—Year-End Dividend of 50 Cents
The
Operating
Approved—
Gross earnings
•
the
from
Co,, for
be. added t-a working
Texas
12,581,605 124,515,732 111,659,592
26,261
188,585215,673
13,818,846
13,799,951
expenses.—9,004,789
26
Southern Canada Power Co.>
additional
loan
the bank
acquire from
1945—Month—1944
g
Period End.
Pa.—Pro¬
See Pittsburgh Equitable Meter Co., above.
,
Nov.
acquire
$984,594
subsidiary, West
the proceeds would
i;
-
Operating
approved the proposal of the company (a) to
issue and sell 32,000 shares of new 4y»% preferred stock
(par $25) to
seven
institutional purchasers
at $26.50 per share,
lb) to use the
proceeds of the sale to redeem and retire all of its outstanding shares
of preferred stock, consisting of 20,000 shares of 6%
preferred stock
and 12,000 shares of 5%
preferred stock, at their redemption price
of $26.25 per share plus dividends unpaid and accrued,
(c) to amend
its articles of incorporation to provide for the new preferred stock,,
(d) to solicit authorizations from all its shareholders with respect to
the proposed amendment to its articles of incorporation, and
(e) to
issue to American States Utilities Corp. an aggregate of 61,932 shares
of
common
stock
in
exchange for its 61,932 outstanding common
shares in the hands of American, and with respect to the proposal of
American
to
acquire the shares of common stock to be issued by
Southern.—V. 152, p. 2719.
The SEC on
■
re¬
1317.3-v.;:3:3:3
revenues
Uncollectible
oper.
rev.
with 4,798 addi¬
of
Gits/for
;
the
•
to
a
Southwestern's
Operating
Co.—Sale
Water
Stock to Institutional Investors
Marchev, President, announced on Nov. 19.
This purchase brings to Republic all rights for the
airplane engines.
The Republic Seabee, a
Franklin
California
Southern
Natural
Southwestern Bell Telephone Co.—Earnings—
preferred would be added to working capital.—V. 161, p. 2793.
Republic Aviation Corp.—Proposed Acquisition—
The
supplied
to
•
retire
Operating
15, 1945 to July 1, 1945)
be
to
'
prooeeds
oommon,
Period End. Sept. 30—
I
share
would be offered publicly at a price
Proceeds after redemption of the old
underwriter,
by
a
note
$990,000.
preferred and $7.50 in cash for each
dividends also will be paid.
Shares
$102.50
would:
Natural
,capital,-^.
the
exchanged will be redeemed, the 7%
stock at
and the 6% at $110.
The 4Va% preferred shares not issued in exchange,
per
issory
par)
basis:
of
surrender
to
accrued interest.
and
par
of
Guaranty Trust Co. of
registration statement with SEC for 25,000
a
proposed
demption its holdings of $4,552,000 of series A bonds and $286,000
of the -6% debentures of Natural Gas which that company proposes to
25,
not
15
of
Gas piar.s to offer to its stockholders at $10 a
holder of 14%% of Natural Gas capital stock,
sliare of then additional; stock would be 242,777
'shares.3oy-V-i
which
share. % Southwestern,
holders
offer
tive preferred
preferred and
cents
during
share
per
company
shares
Reeves-Ely Laboratories, Inc.—Preference Dividend—
.
follows:!
as
.
Southwestern
—V, 162, p. 2023.
,
were
Southern Advance Bag & Paper Co*—Registers Pfd.—
84,734,211
31,757,695
17,478,186
14,858,838
92,811,216
railway
>
,
1945
during
per share were made on
addition, a distribution of
1945, from net profits
of Russell & Co., in which common stockholders of South Porto Rico
Sugar Co. have a beneficial interest.—V. 161, p. 315.
stock
common
50
1,641,1912,172,537.
>
,
railway
from
Net
$9,416,994
3,890,734
stock,
common
and
2
the
i
1942
$9,146,235
3,582,858
1943
1,146.858
1—
Jan.
from
Gross
i
■-
$9,710,288
2,333,163
incoiiie^-; r (; 852,754
Net ry. oper;
Prom
1944
733,851
from railway
Net
^
1945 ;
$8,478,198
railway.—
from
Gross
the
on
1,700,00C> .shares of capital stock of Natural Gs(s Pipeline,
share, of the
2 to holders of record
all payable Jan.
$100,
par
Co.,
Payments
Four
|
Reading Co.—Earnings—
stock,
...
.
Monday, December 3, 1945
Margay
Oil Corp.
above.- -V.
162, p. 2313.
•'•vv''.
Siokely-Van Camp, Inc.—Merger Agreement Signed—
-^-William B. Stokely, Jr., President, on Nov. 24 announced that a
merger agreement has been signed with the Columbus Foods Corp.-
the
on
Wis.
Columbus,
stock,
14.
Dec.
/
■
Dec.
Negotiations for the merger have been Concluded by Fred A: Stare,
President of the Columbus concern and also President of the National
T
Canner's
and
Association
W.
Stokely,
B.
Nugent, Sec-
and C. A.
Jr.,,
^
and Treasurer of Stokely-Van Camp, Inc.
The terms of the. merger provide that each share
of Columbus 5%
preferred stock paf value $35 will receive 1% shares of Stokely 5%
.Cumulative prior preference stock with par value of $25.
Each share
of
Columbus
common
would
receive one
share of prior preference
.
stock
three-tenths
and
of
of
share
a
See
Columbus Foods
also
above.
Corp.
.
.
1946.
shares
96,000
1,
2191.
of
have
Stokely-Van Camp, Inc., acquired during the current year the plants
Crampton Canneries, Inc., in Ohio with controlling interests of the
E. W.
Roach
Co.,
plants in Michigan, the Hoopeston Canning Co;,
at Hoopeston. 111.; and the Gibson Canning Co. at Gibson City, 111. >
On Nov.
22, Mr. Stokely announced that Stokely-Van Camp, Inc.,
has purchased' the Gibson Canning Co., Gibson City, 111., which started
I
has
restrain
and
bonds, series A,
104 and interest.
trustee,
Wall St., New York,
Bankers
Chicago, 111., or at the
N. Yv—V. 162, p. 1030.
Trust
16
Co.,
business in 1882.
^
"/
•
The
beans
and
peas
;
-
r
,
The
the
directors
capital
Dec.
This
3.
.1944 and
declared
Nov.21
on
stock,
par
no
compares
1943.—V.
162,
stock,
Dividend—
V
2339.
and
15
-
Texas Po\yer &
'
torney—
.
/'/fey
-:/•#:/
"
C.
./Frederic
Vice-President
Young,
■
in
'
-
charge
•
of
1931..
-
.
The
directors
share
.payable
made
p.
\
12
Dec.
was
162,
to
July
on
1556.
;
Ofoss
"
/
i.
"
■
'•
■
^Coi*1
162.
the
the
told
for
the
name
in
extended
successful
the
in
.
in
small
a
purchases
20
and
and,
due
at
Co. in its
of
of
'./.
10.
Dec.
Distributions
July 2 and Oct. 2,
1944,
-
The directors also declared
the
'on
$4
an
25
each
cents
were
stock,
value,
per
issued
Light
&
"proposes
declaration
York,
Rose
M.
has
been
•
as
Co..
one
to
to
He
was
also
and
act
in
liaison
a
capacity
in
outstanding 15-year AVz% convertible deben¬
have been called for redemption on Dec. 17,
Payment will be made at the Central
corporate trustee, 70 Broadway, New
TruH;
&
and
agent
than
a
Inc.
Textron,
of
the
Co. now
two
owns
Inc.,
N.
mills
ten
years
with
the
International
^
■
directors
The
no
holders
:
'
the
1944.
The
.
-
seven
,
^
-
Central
.
,
.
America
;■
j
par
of
Nov.
on
value
record
20
common
Dec,
15.
declared
dividends
of
75
each
cents
stock,
record
common
stock
on
and
,,
•
•.;.■•■
30
-'..v
-r
f.
'
$1^0,
Dec.
17,
was
share on the 5% preferred
also declared, payable Feb. 1, 1946, to holders of
162, p. 2063. •
" - :
;
i
1945.—V.
,
19
to
1.
7
Vice-President and Treasurer,
Coolidge,
•'
that action
at the
announced
the
Co.,
The
New
Chase
Earnings
Revenue
share____:
airplane miles
by
state
informed
ther
of Nashawena Mills
that
Transit
Corp*—Court
affairs
the
of
Third
Avenue/ Transit
was
"the
of
as
v
Wilson,
B.
Managing
International
Director,
the appointment of Stanley SchlenDirector of Advertising, and Walter Brown, Jr., as
announced
Passenger Sales.
;
-
.
'
7
.
the
the
was
recently
released' from' active ' duty in
Air Transport Command.
Prior to entering
service, he was Account Executive 011 TWA advertising,
x. Mr.
Brown comes to TWA from
20 years in the railroad
steamship business.—V. 162, p. 2191.
«
■
r
Air
Forces
and
>
Twentieth Century-F9x Film Corp.- -Listing of Additional Common Stock—
The New 'York
shares
additional
Stock Exchange has authorized the listing of 136,000
of common stock
(no par), upon official notice of
payment
and
in
full
of
options
officers
to
version
shares of common stock.—V.
3,066,640
162, p. 2520.
(& Leased Lines)—Earnings—
/ (Excluding offsetting/ accounts between the companies)
Set
to
exercise
unon
employees, and of 870.194 additional shares required for the con¬
of
preferred stock,
making the total amount applied
for
and
1945—Month—1944'
Ry.
.
tTaxes
double
16,057,081
94,224,561
110,320,098
1,535,621
1,679,649
11,870,187
10,587,646
31,204,699
31,112,401
———
rents
Net
47,002,673 429,549,367 414,717,578
25,936,245
1,956,430
expenses-^-,.
inc.
——
v' '-.v-'."- .
1,418,383
3,329,698
■'
556,352
1,516,227
trans-
from
'
portation
from
Inc.
other
Total
Fixed
Net
pointed out in my affidavit of Oct. 31, wherein application
the State to intervene," said Attorney General Goldstein,
Avenue Transit Corp. and its subsidiaries, furnishes daily
/
opers._—
invests, aiid
sources
income
and
sources
.
* ■
—
32,572,587
1,314,444
43,471,698
11,475,100
3,531,481
31,996,598
alt
679,677 /
—
—
13,363,411
44,475,812
11,903,225
4,845,925
1,295,058
chgs._
from
12,266,999
1,974,735
——
other
income
292,249,920 262,697,433
facility
& joint
(net)
Equip.
$
41,463,943
36,553,500
revs
oper.
*Ry. oper.
present
/
1945—10 Mos.—1944
$
Period End. Oct. 31—
made by
Third
lines;
carried
on
"Includes
$19,000,000."
the
further
the
operation of
,'••';
that
street
cars
of
"this
excess
,
the Court,
is definitely
Attorney General Goldstein
not
a
case
of
two
competing
Fed.
facilities
inc.
<'V-
■•'•■„
amortization
defense
tlnclds..
*8,698,234
.,
507,850 t25,411,906 - 5,815,275
and
profits taxes__
.,/
171,740
14,000,000
73,933,480
91,000,000
tThere was accrued in each of the months of September and October,\
approximately one-fourth of the balance unamortized as of Aug.
31, 1945, of the cost or portion thereof, certified under Section 124
of Internal Revenue Code as necessary
in the interest of national
'
1945,
>'
affidavit filed, with
charges
/
fixed assets, as
with an annual
and busses approximating
employs
upwards; of 3,700 people; has
its books, of in excess of $65,000,000,
from
revenue
In
5,095,347,000
$779,693 resulting from
Schlenther
Mr.
Army
transportation to 1,250,000. people in Manhattan, Bronx and West¬
chester; operates under public franchise 38 street car lines and 31
bus
staff
his
to
T.
has
TWA,
Union Pacific RR.
Corp.
of
Whit-
William
Asked
13,295,387,000
7,063,174,000
the sale of
and" issuance of 9,029 shares of capital stock
under the company's stock purchase plan.
■ 7
General
of
Director
Plant Manager.—V. 162, p. 2400.
'
24,677,584,000
charges
ncn-recurring
issuance
Phelps,
3,908,319
2,036,973
$1.69
$2.09
23,301,444
15,574,571
378,329,017 251,731,076
Pound Miles
Pound Miles
New Appointments—
Division
on Nov.
are
$18,274,043
14,365,724
non-operating property
the
they
■
,
—
freight___
to employees
,
majority of the shares
miles
t
.
1944
1945
/
.
Mail
York,
•
30—
per
Revenue passenger
^After
National
.
Operating revenues
$25,467,776
Operating expense
21,363,957
Income
from
operation.^
—v—,
4,103,819
Net earns, (after provision for income tax)
"l,660,072
affidavit
"As
•
-
usual auarterly dividend 6f $1.25 per
par
H.
Dec.
Transcontinental & {Western Air, Inc.—Earnings—
contained the results of the investigation to date
conducted
at
the
request
of
Attorney
General Goldstein
by
the
Securities
and
Exchange Commission in cooperation with
the New
York State Securities Fraud Bureau.
,7 //"i,.'/';;, 7
•
and
-
picture -of.
The
on
and class A stocks, payable. Dec. 29 to
Distributions of 50 cents each were made
June
7..
cumulative
record
of
9 Months Ended Sept.
which, if not checked and
vital
transit service and
Giiate-
in
133, p. 3642.
Time, Inc.—Acquisition—
dealing, of abuse of trust and of disruption,
corrected, will lead to chaos in essential and
jeopardize the investment of the security
holders,"
charged Attorney General Nathaniel L. Goldstein in
an
18-page affidavit filed Nov. 26, in proceedings pending before Supreme
Court Justice Samuel H. Hofstadter, in New York County, petitioning
for an order setting aside the election of directors and decreeing the
holding of a new election../'
Benjamin F.:
affiliated
and 3oth St., N. Y. City.—V.
The company is reported to have purchased in November the Heftnepin Paper Co. of Little Falls, Minn.—V. 161, p. 1440.
• ,
has acquired the; major portion of No. 10 mill at
H., from Amoskeag Industries, Inc.V it was announced
internal
•■'The
Sept. 29, this year, while on
the class A stock 20 cents was paid on March 31, 30 cents on June 30
and 50 tents on Sept, 29.
Total dividends on the common and class A
stocks will amount to- $1.75 per share in 1945, as- against $1.50 hi
on
•
our
Placed—
year-end dividend on the common stock will be. taken
meeting of the board called for Dec. 3, 1945.—V. 162, p. 1440.
May—Attorney General Says
Action'Is Necessary to Protect Security Holders—
l Tacony-Palmyra Bridge Co.—Larger Dividends—
"the
■
with
Rys.of
.mala.—V. 162, p. 2063.
J.
on
more
Avenue
Third
America." Mr. Pepper stated.with the Southern Pacific RR.
Mexico
for
1
quarterly dividend of $1 per share was declared Nov.
preferred stock, par $100, payable Dec. 15
usual
the 4%
holders
Aside Board Elected Last
in Central and South
airlines
Street Corp.- was represented
Title was insured by the Home
Broad
Wright.
&
Thompson-Products, Inc.—Regular Preferred Dividend
The
on
Nonquitt Mills were deposited
by Frank W.
Chairman of the board, TACA Airways.
/'.'"By virtue of his 18 yeats' experience, in various fields of trans.portation in Latin America before the war, Col. Rose is partlcuarly
fitted
and Thirty
Hope,
&
Eighth Avenue
,'7
the
whether, under the provisions of
it is qualified to bid for the securities.
Bank
less
Manchester,
; Pepper,
"associated
of
Acquires Major Portion of Manchester, N. H., Mill—
'
assistant
Tweed
au¬
N. Y., has been
Bank of the City
registrar of the 5% / convertible preferred and common
Textron,
20,
appointed
$46,115
/
36th Street & Eighth Ave. Corp.—Loan
/Other /shares since.
a
Edward
Col.
.
1,724,550
•
Corporation recently obtained a first mortgage loan of $2,250,000
the
Equitable Life Assurance Society of the United States on
the
25-story office and showroom building at the northeast corner
than 50% of the stock of the mills.
There
are
75,000 shares of Nashawena and 48,000 shares of Nonquitt out¬
standing.
The Whitman Co. owned large minority interests in the
two companies before the Textron offer was made, and has acquired
OfAc A Airways, S. A.—Changes in Personnel—
!
'$311,024
from
its proposal by pointing out
of the companies merged into
..
.
$66,813
//
supported
'
holders
23,
.
$1,770,665
1,710,784
a
subsidiary
Equitable Life
the
from
Shearman & Sterling
Guaranty Co. -
promptly
seeking
determine
1960,
transfer
agent for
man
.
share
Oct.
par
to
$1,399,760
171,355
;/// $49,532
Title
with First National Bank of Boston
time the latter's offer of $41 per
24 (extended from Nov. 17).
Textron Inc. has withdrawn its offers.
The bank is returning the
shares which had beeh deposited/with it;.
,
Letters
sent
out
by informal committees representing the share¬
made
holders of record Dec.
no
is
$238,168
/:•
of
the
City
Investing
Co.,
has
Assurance Society a 15-year loan
of its improved Manhattan holdings.
\
assessed valuation of $11,580,000 and \
include the 48-story office building at 30 Broad Street, the adjoining
five-story structure at 4o Broad Street and a group of buildings
covering the westerly side of Broadway from 45th to 46th Streets,
with substantial frontages on both of these streets.
/ / .7 :?/.
The brokers In the transaction are Hammond, Harvey, Braxton Ss
Co.
The Equitable Life Assurance Society
was represented by Mil-
>
payable Jan. 2, 1946
See offering in V. 162, p. 1.931,
1945,
of
Dallas,
of
appropriate
an
share for the stock of each expired
%
initial dividend of 76 cents
preferred
cumulative
'which, dividend
New
and
as
This makes the total this year
last.
5
$1,744,850
25,816
.•
corporation,
Brigadier
"
record
as
...;. v;1".
■■
.
46,872
$218,624
169,092
\
$1,352,888
3,301
;'///■
4,288
V;:;
of $7,550,000 secured by several
/• The properties have
a total
Withdraws Offer to Purchase Stock of Two Mills—
**;/••The' directors on 'Nov, 28 declared a year-end dividend of /50 cents
per share on the common stock,
no
par value, payable Dec. 20 to
ApriL 2,
stock
common
stocks.
;; Sylvania Electric Products, Inc.—Year-End Common
•Payment, of 50 Cents—Also Declares Initial Preferred
the same
income.
Thirty Broad Street Corp.—Obtains $7,550,000 Loan—
The
obtained
by
and interest.
& Trust Co.,
Chemical
The
appointed
:
holders
$234,866
$214,336
__
"Deficit.—V. 162, p. 2400.
Agent and Registrar Appointed—
Transfer
,
\ other patents covering transportation,, distribution and utilization of
'.liquefied petroleum gas.
*.
'
#
* *
'
':
>
"
j1.'
•> r - - :•/
"*, •
♦ '<'
on
v.:
Express and
all its
"
"
to convert these debentures into Common stock at the
/conversion price; of $16.66% per /share of common will, expire : on,
bee. 7, 1945.
Previously, the company had called for redemption on Dec. 5, 1945,
a
total of $125,000
principal amount of the 4V2% debentures, also
at 102
with Nov. 26 the final date for conversion/into common;
Stock at* $16.66% for each common share.
under
'Dividend—•
$1,615,285
'/'-
:
.
York, N. Y.
The' right'
"Philgas,"
t
$1,822,172
applicant
to
1,
April
Inasmuch
t
$2,480,335
865,050
Commission
Power
102 Vz
Bank
Hanover
Philgas at the general store
transports and connects it to the
4
865,050
the; $4,875,000
of
All
next,
purchase
a
further
for period-
Textron. Inc.—To Redeem 4%% Convertibles Debs.—
.
home.
;new company 1 w'th
4,283,541
$2,687,222
/•
The
possible
tures
agreement, Phillips will contract fo supply the
gas requ'femerits for a period of 20 years
the contract; Phillips has. agreed! to enter into/
a
20-year agreement with the new corporation .which provides for
rendering advisory services, in addition to which Phillips will grant
the right to Use patents coverinor the "s^lf-service" system as well as
Under
/.,
..
199,540
$288,975
pfd. stocks
to
the
of
the
stock.
,
of
supply
container
lb.
-installation at her
.
her
1945—10 Mos.—1944
.
of
housewife
$4,835,473
2,355,138
.
as
soon
this business for the past 18 years.
Philgas b'» a system called "Self-service" will be
the
east.
Phillips Petroleum Co. has been remarkably
the
middle
west
with this method of selling whereby
Distribution
115,541
140,860
Holding Company Act,
development of
i
183,310
income
income
Net
Texas, and Dallas Railway have been under joint control since they
were- organized in
1917.
Texas Utilities; also. urged the- Commission' to hold a hearing v as,
Philgas properties to be purchased are located In eight eastern
and the D strict of Columb'a aM represent the largest dis?
trade
1,457,016
income
-
$4,710,932
Q.
$6,970,763
$488,515
$379,029
2063.
Dallas
that
.
gas under the well known trade name
which has been used by Ph'llips Petroleum
$6,873,720
97,043
Gross
and
of
sale
made
liquefied petroleum
.;/• 14,481
to sell the stock at competitive bidding.
To acquire funds
proposed purchase, Texas would issue short-term notes to the
later would undertake
permanent financing through the
the
banks
*Jtrlbution of "bottled gas" in the east; serving concentrated areas gen¬
erally beyond city gas ma.ns.
Coincidentally with the purchase of
/the Philgas properties, the new corporat'on will also purchase sub¬
stantially all of the properties of the Suburban Gas Co. of New
^Jersey, which for the oast 17 y»-rs vas pioneered in the distribution
-of "bottled gas" in New Jersey, New York and Pennsylvania.
/
In addition
to cerving the largest single group of retail customers
in
the east,
the corporation
will supply liquefied petroleum gas to
wholesa'e and
industrial accounts.
T^e new comrany will distribute
•
$474,034
11,335
$238,169
with
thority"
personnel.
The
$367,694
owner
file
to
Philgas
states
fevs.__
(net)
either m Texas or in New York.
recently formed to control Texas subsidiaries of
Electric Power & Light Corp. and American Power & Light Co.,
the
Commission it had been informed that Electric Power
and
Light,
properties.
public offering of the registered securities is to be headed by
Eastman, Dillon & Co.. V/'th Vr l v/ll! !*•> associated a group of other
•underwriters.
It is expected that pvfjlic offering of the * securities
-
'/y
DATE
.7/
-
$1,762,506 $17,644,584 $16,764,305
1,335,979
14,346,743
13,100,642
191,661
1,944,952
1,918,813
$1,854,661
Deductions
•V ./•
1,200,000
3,762
Utilities,
Texas
to¬
prior to tne close or trie year.
,
;
The corporation of which Mark Anton of West Orange, N, J., is
President, and R. Gould Moreh^ad of J'ontcla'r. N. J., is Secretary
and Treasurer, will have its temporary general offices in East Orange,
N. J.
It is stated that no change is c .ntemplated in. the operating
68,325
borrowed from banks
$3,OCO,COO principal amount of 15-year debentures, junior
sinking fund deb -i.':"'* .
w I. bi Daid to Philh'ps Petroleum
an • $11,000,000
con:ld:r:.tion for that company's 13 eastern
be
; 138,818
application" filed with the SEC, the! - company has outlined
to enter the expected competitive bidding for the 32,000
shares
of
Dallas Railways and Terminal Co. with
funds
common
The
will
TO
of direc¬
matter is
"
proposal
a
filed a
capital,
ercept for working
financ'i"
$1,354,516
573,086
;
5,539
applicable
p.
InVan
i A.
with
as
retail
of
proceeds
net
the
YEAR
1945—Month—1944
.
this
•
and Bus Operations)
taxes
bank,
stock.
The
Period End. Oct. 31—
board
in
*
AND
bondholders
certain
by
present
decision
A
OCTOBER
FOR
(Railway
Operating revenues
Operating expenses
Non-operating
Texas -Utilities Co.—Plans Outlined—
issue of
54,500,000 12-year sinking fund debentures and 493,155 shares of com-
gether
'
"
the
of
election.
,
?'.>
'
brought
election
the
new
a
shortly.-,
Operating
.1,200,000
ffalance
'
:tci
grant
renewal
pending
a
v,r-'.
y
proceeding
annul
EARNINGS
*
,
Total
1945—12 MOS.—1944
$17,191,076 $16,121,718
7,172,484
6,490,282
1,097,905
2,928,285
y
841,428
779,457
•
—V.
Group
to Underwrite Financing—Suburban Acquires Phillips
•Petroleum Co.'s Eastern Retail Philgas Properties—
'V
1945,
15,
2191.
p.
253
income
'
Suburban Propane Gas Corp.—Eastman Dillon
:mon
162,
record
of
100,000
Interest, etc., deductions
'
j' The corporation, a newly organized'company, on Nov> 28
registration statement with the SEC co/ering the proposed
cents
25
June
on
446
income
Dividends
5
'
1
holders
to
/100,000
■
Operating
Other income
par
'
v
V'
J
Net
.
& dividend of SO cents per
value capital stock outstanding,
holders or record Dec.-3.
A similar distribution
14, last, and on July 20 and Dec. 12, 1944.—V.
no
15
made
Inv.
Of ltd.-term
Amott.
declared
15
Nov,
on
the 242,400 shares of
on
1944.—V.
329,286
79,835
—
Prop, retire, res. appro.
Net
(S.) Stroock & Co.—Dividend of 50 Cents-—
;
was
15,
other taxes
...
.
Dec.
$1,471,287
594,026
Federal taxes
/research, announced recently the appointment of Theodore L. Bowes
as
a
patent
attorney for the division.
Mr. Bo\ve.-> Will work under
the
general
direction of D.
Clyde Jones, head of the company'^
^patent department, Mr. Young said.
c ; t
During World War II Mr. Bowes was employed at General Electric
Co.'s Schenectady, N. Y., plant " as a radar project manager, while
continuing his woik with that company's patent department.—V. 162,
p.
payable
1945—Month—1944
Operating expenses
At-
V
'
engineering and
•'
of
dividend
light Co.—Earnings—
period End. Oct/31—i
,
^
Stromberg-Carlson Co., Rochester, N. Y.—Patent
extra
an
payment
Dec.
Operating revenues
;
to
and
to
however,
prejudice,
to the decision of the main issue now
•
the
is
to
without
on
value, payable Dec. 15 to holders of record
with 75 cents per share paid on Dec.
15,
p.
June
On
declared
15
Nov.
on
par
value,
both
A
similar
extra
no
26.
arid
share"
St per
stockholders
and
quarterly dividend of 50 cents per share on the capital
usual
the
and
,s
SSlOv.
dividend ot
a
directors
issue
Peelie
E.
him from excluding Henry
company's property.
the
from
denied
Justice
Court
Supreme
directors an injunction to
the business of the company
company's
restrain
to
26,
Nov,
case
the
from conducting
Nicholl
was
main
Texas Gulf Sulphur Co.—Extra Dividend of 25 Cents-^The
corn,/
sweet
This
expected
*
*
<
Be In
1556.
Stone &, Webster, Inc.—Declares Larger
r'
.
•
production at Gibson City; will
with tomato sauce.—V., 162, p.
principal
and
H.
motion
If necessary subsequent
before the same court.
tors
*
Avenue
denied
McQuiston
Thomas
The
$1,580,000 outstanding first mortgage
for redemption on Jan. 24, 1946 at
Mr.
President,
as
Payment will be made at the City National Bank & Trust Co.,
■■■■•"of
Third
O'Brien
Kenneth
Denied—
Restrain President
to
another
In
v:
interest."
vital
a
Move
stock.—V. 162, p., 2400.
called
been
upon
investigation by. the Federal Securities Exchange Commission is an¬
other example of how governmental agencies working
together can
maintain watchful surveillance over corporations in which the public
Co.-^Stk. Subscriptions
common
City-Terminal Ry.-M2alls 4% Bonds—
the
of
All
'.
,
the
Texas
•
V,
14, 1345.
last.—V. 162, p.
Dec.
Oct.
on
pointed registrar for the common
of Stokely's.
stock
common
Completion of the merger is expected to occur prior to May 31,
\
stock (par $5) offered for sub¬
scription to common stockholders at $72 per shaire (or upon surrender
of Class A stock held in exchange for the copmion being issued) all
but 2,009 shares were subscribed for.
The latter shares were taken
up by the underwriters;:: For further details, see V. 162, p
2400.
The Chemical Bank & Trust Co., New York, N. Y,, has been ap¬
Of
>
yetary
•
made
was
record
of
holders
amount
2687
unfair,
was
on the
payable
An initial payment
Tennessee GaS & Transmission
positions..,/,
present
to
1946
1,
like
holders of
was made on
to
>,
■
and
foisted
share
per
-
relief in the removal of a board of directors that was
this vast public service corporation in a manner which
unjust and an abuse of trust." * * * "It was all part
and parcel of a scheme to control
tne corporation at the expense
of the security holders and the general public."
The investigation by the Securities Exchange. Commission intb the
affairs of the Third Avenue Transit Corp. is still continuing.
Attorney
General Goldstein in commenting upon the aid given by the SEC, said
that
"the
speedy
and successful cooperation given to me in
this
justice
dividend of 56'/4 cents per share
stock, par $50, was also declared,
quarterly
cumulative preferred
Jan.
cents
10
both payable Dec. 31
distribution of like amount
$9,
•
seeking control of the corporation.
On the contrary, the
security holders—and the general riding public—are seeking
innocent
cents
10
year.
regular
4,/a Vo
of
last
26,
/'..The
of
dividend
of
dividend
extra
an
quarterly
par
extra
An
f
declared
21
usual
the
common
record
Nov.
on
and
share
per
;;S;
.•■;./
Five canning factories located at Columbus, Horicon,
and Evansville, Wis.; Lawrence, Kan.; Shelbyville, Ind., and farm land, stock,
equipment
and buildings located in Wisconsion will be included in
the
merger/
This brings the
total number of plants operated by
Stokely to 64—located in 20 states, Canada and Hawaii. /.' •
'•/'•/
i Quality items produced at the plants will be continued and expanded
and
all
present management
and personnel will continue in their
of
directors
The
factions
Talcott, Inc.—Extra Dividend of 10 Cents—
(James)
■
'
:
\
rv-j-
Monday, December 3, 1945
THE COMMERCIAL & FINANCIAL CHRONICLE
period with respect to such facilities being ended by proclamation of President Truman on Sept. 29, 1945.
The remaining balance,
will be accrued in the months of November .and December, -1945.-?-.
;
' ',Sr\
162, p. 2521.
V.
V V
;■'
; "
.
four
previously
Standard
during
miles
chief
was
Statistics
of
analysts
Co.—V.
162,
the
Supervisory
2192.
p.
Maintenance
Depreciation'
»
,>
,
Represen¬
England,
Service of the
,
v,
j
traffic.—V,. 162, p. 2400.
..
/■;/''
...
The
Guaranty
for
agent
/V.'"/'
shares .'of
800,000
these
securities "On
Co.
of
The
Other
agents,
is
Inc.,
Fastener Corp.—Extra Dividend—
United-Carr
directors
The
the
dividend of 30 cents ,;
extra
an
An
distribution of like amount
p. 819.•
extra
made
was
year.—V. 162,
last
11,
Dec.
on
30.
Nov.
record
of
declared
20
Nov.
on
Cigar-Whelan Stores Corp. — To Redeem $5
Offer of Exchange—
Walter
G.
Baumhogger, President, has announced that there has
been called for redemption on Jan. 4, 1946, the entire then outstand¬
ing
issue of cumulative $5 preferred stock at $100 and dividends.
Payment will be made at the Empire Trust Co., 120 Broadway, New
:
United
•
Preferred Stock—Makes
'--C'-V
.<
V
-'i'-
given the right, at their option, to exchange
1945, but not thereafter, their shares for prior
preferred stock at the rate of four shares of prior preferred stock for
each one share of cumulative $5 preferred stock.
The Empire Tius
Co.
will, accept certificates of $5; preferred stock for exchange.—V.
;162, p.
2400.
'
/
"
>
,
|
A
will
for
,
Total
operating
Total
eluding
t
exps.,;
oper.
Federal
Other
taxes
5,660,827
1,767,372
1,169,226
4,826,073
1
—_—
.
_—
9,727,265
Fed. .'taxes
for
prov.
income
on
retirem't :•> and
Property
depl.
Cr543,334
______
______
—
11,864,387
11,604,403.
2.495,086
2,796,664
1,849,789
51,032
$1,900,871
•
1,893,593 $12,668,950 $10,549,949
17,885 f.
570,927
532,983
(net i
income
Other
revs.__
Total
Bond
be affected
bythe plans
annually
pictures
income
Gross
^ier'dfdurtSns'1!-4 ; 766,X7^
PSonrltyPPli««^.!!
41,452
■
Oper.
Operating
Federal
Other
expenses
taxes
International
of
,150.973
Nov.
1,207,228
,209,569
net
No
$61,518
profit for the nine
and
is
851,792
675,000
$134,088
$70,597
$2,167,168
$2,000,782
1,818,583
9.241,287
9,302,988
105,400
The
(net
Net
867,437
765.954
deduct.-
etc.,
per
Net
30, 1945
earnings.—V.
railway——
ledger
investments,
capital
collateral
stock
adjustment
for uncollectible
Net
ry.
%
United Gas Improvement Co.- -To Seek SEC
The
board
'
'
directors
of
of
Nov.
stock
second
of
of the
preferred;
stock
common
Public Service
Water
ican
./
No
company:
of
Works
company,
provision
distribution.
was
The
amendment
to
plan
meet
summation.—V.
in
will be
Co.
&
common
the
Corp.;
and
one
be
Boston
con¬
10-cent
and
..
with
which
of
the
might
SEC
for
-
subject
arise
with
the
prior
to
to
500,000
•
-
cash
a
share
.
common stock, of.which 350,000 shares are issued
and 150,000 shares will be offered to the public at
through underwriters headed by George F. Breen
New
v,i
.
;
.
..
'
-;Ul ,
:
.
Vi."*s
t
•"
.
1945
$273,045
$0.36
shares
of
v
capital
1944
$267,725
$0.36
stock
•
»'
..
-
;
fund
of
$2,500,000
bonds,
headed
of
first
to
redeem
1965.
due
will
from
1946
to
1952.
to
3%
by
used
be
—V.
V
•
the
$300,000.—V.
160,
$1,120,000 of 2?4%
after payment of pre-v
deal,
would
further
its
increase
2584.
p.
.'
w j' " ' *
'
'
Western RR. above.—V.
the
filed
15
shares
of
with
$4.25
the
SEC
162, p. 396.
share
one
of
the
of
the
old
public at
new
stock,
price to be
a
a
registration
preferred stock
cumulative
company
cumulative
preferred, plus
which
is
filed by
in
cash
a
redeemable
noon
in
on
statement
(no par).,
exchange to
preferred stock on
securities
new
Dec.
adjustment,,
$105
at
pep
15.
exchange will be offered
amendment.
162,
2521.
p.
See Atlantic Coast Line RR, above.—-V,
160, p. 1903. /
Washington Water Power Co.—Earnings—
Period End. Sept. 30—
Operating
Operating
taxes
int.
V-S net
1943.0.,1942
$275,826
$304,384
_->$0.37- ; .• ur $0.40
4,113,914
115,607
1,945,368
1,691,863
97,137
1,124,272
1,086,390
84,168
1,010,000
1,010,000
$295,987
$3,331,512
$3,465,441
'
V
$209,582
V
(net)__—
L
9,447
;'/V 3,243
bonds
64,282
$299,230
$3,395,794
$3,514,287
64,167
$219,029
758,361
495,332
770,000
•
21,304
reservations
12,425
income
surplus
$142,075
$222,638
applic. to preferred stock for period—-.-
Spokane
147,478
300,000
Railways,
162, p.)
were
$2,142,101
>
a
sold
period results of
wholly-owned subsidiary,
to
non-affiliated
1810.
,
$2,296,809
622,518
$1,519,583*
figures exclude for entire
United
properties
1945.—V.
6,
.
——
NOTE—Above
portation
i. V 48,846
-
Balance
of
•
of
Balance,
Divs.
re¬
.
1
55,650
deductions
&
:
84,168
—
mortgage
on
4,110,903
144,767
—
income
Miscell.
399,372
$11,522,055 $11,367,603
reserve
revenues;/
Other'income
Int.
deprec.,
taxes-
Fed.
&
bldgs.
of
$158,455
$192,084
See St.
Res.
of
Weeden &
$297,372
$261,453
9 Mos. End.
and
6,003
Sales
1,151
patents—,—
Gross
excess
profits
and
taxes—
108,597
1134,201
206,172
622,518
$1,674,291
operations
whose trans«
interests
as
of
July
'
,
$49,636
$76,256
$50,860
"Including renegotiation of war contract prices.
tAfter deducting
estimated post-war refund of $10,413 in 1945
and $12,869 in 1944.
—V. 162, p. 2065.
'
profit
-
,
1945
income
V
■;
1944
;
?
'
1
1943
1942
'
303,982
286,386
220,079
taxes—,
,319,480
257,912
237,805
201 817
'
$62,621
$46,070
$48,581
$18,263
$2.33
$0.87
—
$3.08
CONDENSED BALANCE
ASSETS—Cash,
interest receivable,
$184,183;
$26,917;
$2.21
!
■'
3338.
381,101
'
}
p.
$81,999,802 $55,738,611 $56,546,669 $35,831,139
Earned per share
$40,166
139,
Co.—Earnings—
Sept. 30—
—
Net income
203,439
'
Net
—
Expenses and
for contingencies^,.
Est. Federal income
Regis Paper Co. above.—V.
1942
1944
<
374.406
—
taxes
Gross
v
1945—12 Mos.—1944
$992,271
111,231
expenses
Net'.. oper.
•
1945—Month—1944,
$924,154
revenues
Property retire,
V; appropriation
Co.—Earnings—
1945
,7
Washington & Vandemere RR.—Offer of Prepayment
Federal
30-
-
closed'
with
1949
This
notes,
The exchange
the
to
$2.54
outstanding^ tAfter
SEC;
//v-
the
with
stock.
underwriters
V. The principal underwriters will be Alex. Brown & Sons; Auchincloss,
Parker & Redpath; Johnston, Lemon & Co.; Folger, Nolan & Co., Inc.;
Goodwyn & Olds; Mackall & Coe; Ferris, Exnicios & Co., Inc.; Robert
C. Jones & Co., and Robinson, Rohrbaugh & Lukens.
With the proceeds the company plans, to redeem next Jan. at $105<
plus accrued
dividends the shares of $5 preferred not exchanged.;
,*,
>
issue
' i
Nov.
on
40,000
share
brought to United
:
preferred
by
RR.—Merger With D. L. & W.—
of
Other
.
has registered
public
$4,140,000
the
of
*
each
1944
;
7,389,625
rights will expire at
The share of $4.25 preferred not issued
$2,444,220
equipment
■
about
basis
M
1945
the matter will be
316.
p.
share
750,000
before
Amort,
of
estimated at $562,500, a less expenses estimated at $15 000
will be used to purchase or lease a factory building and for
payment of
moving expenses.
Any balance of proceeds will be added to working
1946
■
,,
share.
amounted to $779,758, or $1.04 per share.. For, the nine
months period
ending Sept. 30, 1944, net profit, after taxes, was
$714,982, or 95 cents per share,—V. 162, p. 719.
amort.
Proceeds,
capital,
•/.:V"'
9,876,399
7,533,299
will offer the
holders of its outstanding shares of $5
taxes,
Deprec.
York.
due
from
Initially
of
>'
25,313,015
Watab Paper Co., Sartell, Minn.—New Control—
value
par
161,
Victor Equipment
con¬
shares
notes
funds
*
,
covering
possible
its
sinking
due
retirement
company
from Havana, Nov.
He said
—
3 Mos. End. Sept.
SEC
46%
34,070,562
Washington Gas Light Co.—Registers Stock-
income and excess profits
taxes amounting to
56
cents per share for the 1945 period, compared with 51 cents in
1944, 63 cents in 1943 and 56 cents in 1942.
/
For
the
nine
months period ending Sept. 30,
1945,-v net profit,
after
v.
registered
stock.
per
on
for
serves
Amer¬
a
profit
"Based
'
plan
this
proceeds,
serial
the
over
{',
64,098,273;
presently
Warren
:
represent
group
share____
to a dispatch
the stock of
the
"Earnings
of
share
one
*s'
«
•
share
*$2,389,882
$2.48
•
Quarter Ended Sept. 30—
INet
outstanding
$4.50
general
v,
had purchased for
York on behalf of
-
816,014
79,551,470
30,420,032'
the
to
for
3lA'/e
combined
on
Other
Air
has
New
1,083,922 V
79,015,480
,
manufacturers,
offered
time
same
notes
mium
/
they
3,729,994
Corp. The price will be named in amendment. ;1
said it also had entered into contracts for private
20-year
the
serial
provision of $85,000 for contingencies.
courts.—V.
Profit
corporation
&
shares
17ri a .motion protesting
the
sale
of
the company was presented by Dr. Jorge
Barroso at the meeting of stockholders at Havana. Nov. 27.
--Dr.
Barroso, who said he represented Oscar Cintas,
largest indi-.
vidual* stockholder in the Vertientes concern, Charged that the sale <
was
made secretly, without giving Cuban stockholders a chance to
States
share
the
at
Federal
Conditioning Corp., Minneapolis
Registers With SEC—
/
The
of
1942
$7,973 519
outstanding $4,000,000 of first closed mortgdge
15-year 4% sinking fund bonds due 1959. The balance will be added
to general funds.
The
company
also has made arrangements,
to be consummatedupon Issuance of the preferred stock, to
replace its $800,000 of 3%
443,850 shares ol the outstanding
.
Lehman
the
that
26
Bank
1943
•
860,213
of $4.50 cumulative
par)
will
company
mortgage
Approval
stock.
board-approved
filed
eventualities
Southern
common,
162f p. 2400.
States
United
sale
$1, payable Dec.
15 to
with $1.25 paid on June 15,
—
per
"Before
According
27
Commonwealth
made
investors,
by
earnings
Earnings
share of Niagara Hudson Power Corp.;
of N'agara Hudson common; 12 shares
Electric
City
on
*
77,762,029
paper
(no
stock
The
at
per
1944
7,526,589
unsecured
$2.75
taxes
$8,787,766
3,157,989'V* 4,004,097
^
income—.
First
The
par
Victor Chemical Works—Earnings—
of New Jersey
&
oi
:•
.
Net
one
shares
ten
Corp.
group
a
.
•
on
stock,
of
depletion
profits
excess
or
.
$8,238,924
•
27,125,778
oper.
The
due
1945,
'
(S. D.) Warren Co.—Registers Pref. Stock—
.
Trust
common
EARNINGS, YEAR ENDED SEPT. 30
approved for submission to the
SEC for that agency's sanction a plan to distribute portfolio securities
in exchange for some of its outstanding common stock.
•:■-■ v. *' V
Under the plan approved by the board, U. G. I. will
exchange the
following portfolio securities, for each ten shares of outstanding com¬
mon
31,
Harris
amounted
Sept. 30, 1945,
depreciation and
162, p.- 2192.
The
of the same name. It owns and operates mills in the
Camaguey province of Cuba, and owns about 200,000 acres of sugar
lands.
Capacity production of the company's mills is approximately
1,500,000 bags of sugar.
/'
. •'-
purchase
'
into
dividend
a
compares
Nov.
National
$9,788*"/" $26,551?
.
<
railway—
railway
30,000 shares
corporation
$264,971,743.—
•
:
' ;
$10,037,180;. total,
V. 162, p. 1680.
of Stock Plan—
them
51,953
47,791;
;
819V
p.
683,955 "
*
.
from
from
—V.
company's presently outstanding capital stock.
No changes in
the management or operation of the company are contemplated. ?
The company is a Cuban enterprise, the successor to the Delaware
$40,742;
accounts,
contributions in aid
$24,104;
earned surplus,
$376,023;
-
162,
1,910,632
ry. oper. income..;
Net
the
($10
reserve
reserve,
This
announced
The
acquired
trust bonds,
$32,218,209;
assets,
inventory
struction,
declared
of the company.
shares
The
par), $106,533,022; first mort¬
3% series due 1962, $98,095,000; ac¬
counts payable, $873,576; dividends declared. $2,130,660; first mortgage
and collateral trust bonds, 3%
series due 1962 called for redemption
Oct. 1, 1945 (cash in special deposits), $1,905,000; customers deposits,
$1,022,245; taxes accrued, $3,942,516; interest accrued
($1,500,000 in
spec'al
deposits), $1,544,964;
other current and accrued liabilities,
$35,741; total deferred credits,; $103,103; property retirement reserves,
$6,089,659; reserve for future losses or adjustments with respect to
and
and
capital stock
$2,598,870;
LIABILITIES—Common
gage
arrears
from
firm
their
ledger value: subsidiaries, $212,132,018;
miscellaneous special
funds,
$3,294;
cash in
banks, on demand, $12,901,249; special deposits, $3,409,610;
working funds,
$56,287;
temporary cast investments, U. S.< Govt,
obligations,
$1,966,000;
notes
receivable,
$413;
accounts
receivable,
$646,185; materials and supplies, $371,945; prepayments. $67,737; other
current
and accrued assets, $20,259; total deferred
debits, $132,344;
total, $264,971,743.
«
\
,
investment
$30,665,528;
other
convert
$78,504
ended
for
income
$6,792,087
From Jan. 1—
Gross
1944, and $1.25 on June 15, 1944. The amount
at Dec. 1, 1945, after deducting the dividend
15,
Brothers
investment
(incl. intangibles),
and equipment
property,
ASSETS—Plant,
value,
the
72,427
$57,579
.
Federal
railway_____V
company's
debentures
Dec.
on
at
v;
'
Vertientes-Camaguey Sugar Co. of Cuba-—Lehman
Bros. Purchases 46% of Stock From Bank—
$7,745,961
$8,243,337
in
share
Lehman
BALANCE SHEET, SEPT.
,
convert'ble
made
_
61,070 ;
$21,403
1945
from
from
Net
at
priority
30.
Nov.
•
46,584
•
Wabash RR.—Earnings-—
for
3,557,809
3,165,118
$1,021,743
$1,204,557
income
be
just declared, will be $25.75.—V. 162, p. 719.
$1,889,180 $11,408,455 $11,303,770
$1,970,511
income
int.,
reccrd
$1.75 on Dec.
last,
21
Nov.
on
dividend
$4.50
holders of
gas
income
Gross
Net
revs.,
directors
the
on
Other
-
for
OctobeV-
Utility Equities Corp.—$2.75 Distribution—
'i'
$6,077
y
>„
See Delaware Lackawanna &
675,000
1,836,423
1945,
"$3,491
"$207.
$67,987
months
,
made
indicated
Gross
837,878
105,400
21,
Corp.
23,700
68,194
,
allowance
after
to $83,366.
provision
Above
the aggregate market value of these shares exceeded
price of 104'/a % and accrued interest.—V.162, p; 2065.
the redemption
196,015
Detrola
may
32,033
:
$18,716
$56,938
amounting
115 West Monroe St., Chicago, 111.
debentures
$29,777
64,094 -v.
42,803
The
to
the rate of 7Vz shares of common
for each $100 principal amount of debentures at any time on or be¬
fore
Dec.
21, 1945.
Based on bid prices for the common stock at
8,437,934
———
operating
the
40,497
;
retire, reserve
appropriations
natural
of
Holders
4%#
for redemption
will
1942
1943
$28,542
36,100
"$2,576
profit
'
■■
.
1944
interest and other
Of
10-vear
Payment
replace existing
$35,893
.
34,015
V
expenses
profit
t
been called
have
Savings Bank, trustee,
$7,073,277
Property
Net
outstanding
interest.
and
1,539,471
—
—:_1—_—
taxes
1945,
104 Yz
$1,951,980 $13,339,122 $12 ,874,202
$2,087,497
natural gas
revs.,
the
15,
Sept.
198,626
1945—12 Mos.- -1944
1945—3 Mos.—1944
Period End. Sept. 30—
•
'
ONLY)
GAS CORP.
(UNITED
STATEMENT
INCOME
166,081
$9,788,082
$966,735
$1,093,249
income__
net
Consol.
)?'
' 45,092
of
All
1945
$31,439
revenue
Net
Utah Radio Products Co.—Debentures Called—
3,811,029
3,985.714
899.651
announced.—V. 162t p. 2192., ./
now
-
V
to
•
-
;
expenses?-
and the use of its studio and production facilities in
Neither the program nor the personnel of Universal will
Hollywood.
p. 2065.
■
in the actual operations of either company.
As a partner,
Universal will contribute the use of its exchange facilities where they
required
1,258,924
,
participate
are
401,601
$5,119,966
$6,648,Tj8
throughout their normal life and not
*
operating
Net
'
1,010,362 '
$547,481-
1,447,355 V
Other income
keep its producers in close contact with trends of
$1,911,478 $13,239,877 $11,082,932
approp.—
res.
$512,717
Operating profit*
.
popular taste as reflected in the box offices of the world.
Universal
Pictures Co., Inc., although a joint owner of both the
United
World
organization and International
Pictures
Corporation,
each
of which
will have its
separate operating personnel, will not
.
Adjustm't of prior years
to
able
oper.
Operating
•
v/ill be
\ 44,250
;
______
3 Mos. End. Sept. 30—
Calif.,
tion
in¬
by the United World organization.
distribution
'2,260,034'
$3,638,376' $4,7;8,363
.
Virginia Iron Coal & Coke Co^-Earnings-^
,
Gross
produced by the new Spitz-Goetz company.
The new group will acquire theatre "show-windows" in the United
States, the British Empire and in key cities throughout the world.
By maintaining liaison with these new theatre interests, with the
Odeon and Gaumont-British Circuits with approximately 650 theatres
in
the United Kingdom, of which Mr. Rank is Chairman, with the
Odeon Circuit of Canada with its 100 theatres, the control of which
Mr. Rank shares with Mr. Paul Nathanson ot Toronto, and with the
Greater Union Theatres, Ltd., of
Australia, of which Mr. Rank has
just acquired a 50% interest, the United World distribution organiza¬
22,885,753
10,151,132
4,743,376
24,236,681
879,921
1,176,578
5,959,638
:
taxes
taxes
ex-
$503,231
,
requirements.——
to be employed
by the United World organization, together with the American "pictures
revs- $13,361,012 $13,287,682
■.
faculties.—^,'162,
will have headquarters at Universal Studios in Universal
and will acquire the story and production assets of Inter¬
national Pictures,
Inc.
(the present Spitz-Goetz Producing Co.).
At
least eight of the outstanding British pictures chosen from all
the available product of the studios and the production units asso- ;
ciated with the J. Arthur Rank Group will be distributed annually
/ 1945—12 Mos.—1944
$62,520,038 $60,194,597
1945—3 Mos.—1944
,
2,796,125
235,390
721704
•:
$6,978,399
"Resulting from amortization of facilities allowable as emergency
facilities under the Internal Revenue Code, which facilities are expeoted
,
„
97,630,
!
$8,434,502
/:1,
.■
Balance
Pfd. div.
company
City,
(& Subs.)—Earnings—
L
/.
,
minimum of eight " American
a
world-wide
exclusive
The
United Gas Corp
produce
'
,
12,315
$738,622?
taxes
come
Inc.,
Co.,
$611,885''/
196,680
amortlz._;
■
♦Reduction: irt' Fed.
new
It
Corp.—Hearing on Proposal to Reduce Stock—
The
SEC
will hold a hearing Dec. 3 on corporation's proposals:
(a) to reduce its authorized common stock from 24,000,000 shares to
•"18 261 551 shares and to change such authorized shares from no par
-value
stock
to $1
per
share par value stock; (b) to- reduce its
authorized preference stock from 5,000,000 shares to 1,214,700 shares
and to change such authorized stock from no par value stock to $5
-per share par value stock.—-V. 162, p. 2064,
Period End. Sept. 30—
Pictures
,r
tl
be
.
United
•
v
producing company, International Pictures Corp., to • be
jointly owned by Leo Spitz, William Goetz and Universal Pictures Co.,
Inc., has also been formed with Mr. Spitz as Chairman: and Mr.
Goetz as President.
I
,
29,
Dec.
before
or
will
Inc.,
Co.,
and
/
17,376'i
outstanding
of
,
of this issue are
Holders
'on
"
films.
(net)
Net rincemi.'
■
will have offices throughout the
U. S. A., England and the rest of the world with a complete supervisory and selling force.
To enable United World to commence opera¬
tions without delay,
the physical facilities of either Universal or of
the companies in the Rank group will be made available for the use
of the new company.
"
/
World
United
,
Y.-
N.
York
distribution
the
in
engage
Picture
World
United
3,258,996
.
$8,532,132$6,905,695
$750,936"
1
jointly owned by Leo
Spitz and William Goetz, Chairman and President, respectively, of
International Pictures Inc. of California; the J. Arthur Rank interests
of Great Bratain, and Universal Pictures Co., Inc.
The organization
will be essentially Anglo-American, the American and British interests
each owning one-half.
J. Arthur Rark will be Chairman of the two
main companies, United World Pictures Co., Inc., and United World ;
^Picture^ ;Ltd.,' of Englandv while Matthew - Fox ? iY1W l,el ' pi'esidejnt,ii;
E, TVCarr will be Managing Director of the English company.
v
The
stock,
common
to
British
and
American
the usual quarterly dividend of 30 cents per share on
no
par value, both payable Dec.-10 to holders
and
share
per
formed
being
income
$629,261
revs-
Balance
Int.
has called
$700,000 of 3V'a% debentures due
made at the office of Goldman,
be
383,277
8,021,199
-
3,491,504
325,821
operating
Other
'£
Universal Pictures Co., Inc.—New Distribution and
April 1, 1955. Pay¬
Producing Affiliates Organized—
; "?
Sachs & Co., fiscal :
:.?;?' It, was announced on Nov. 28 that a new major world-wide distri¬
30 Pine St., New York, N. Y.—Y,, 162, p. 2192.
• •
•
^ v ; bution organization to be known as the United World Pictures Co.,
will
taxes
Net
America—Partial Redemption—
for redemption on Dec. 27, next, at 104,;
company
interest,
and
( 693,168 : : ;i
897,189 : ■ i 7,945,616
New
cumulative
United Biscuit Co. of
ment
57,764/
57,764
income taxes (exel,
reduction)
York has been appointed transfer
convertbile 5% preferred stock and
common - stock.
Application wiil be made to list
the New York Stock Exchange.—V. 162, p. 2436*
Trust
$4,000,000
of
plant
adjustments-^.
acquis,
hj
j
,
-
V
.
Amortization
Fed.
United Transit Co.—Transfer Agents—
;
is currently flying 131,000 miles daily with a fleet
DC-3, according to Harold Crary, Vice-President; for
company
Douglas
62
and
>
American
-:. /
/1945—12Mos.—1944
$4,309,421 $44,282,399 $40,371,064"
1,357,941
1,637,650
17,218,547
15,893,041
221,345: 1, 316,509 t v 3,276,227
3,060,386
233,437 -1 : 321,551
; 3,125,206 -r 3,046,470
$3,317,872
____
Operation
an
Revenue
The
passenger
revenue
v;
increase of 37% over the corresponding period last year.
airplane miles totaled 3,901,180, an increase of 34%Ytfte
October,
of
61,816,500
flew
corporation
The
Higher—'
Inc.—October Traffic
United Air Lines,
'
and
Operating revenues
Earnings—
1945—Month—1944
Period End. Sept. 30—
::
of London,
before the beginning of the war as
buyer for the Ordnance Trading, Ltd.
years
tative
.V
been
appointed Director of Purchases.
" >/'
\"
Mr.
Callanan,
Purchasing
Agent
for the
United States
Rubber
Company until joining the Plywood Corporation, was employed for?
'VV.'
:
has
Callanan
James
^
Virginia Electric & Power Co.
/
United States Plywood Corp.—New Ofifcial—
acquired prior to Sept. 1, 1945; the
facilities completed or
of
defense
emergency
SHEET, SEPT. 30, 1945
inventory (at market), $2,879,364; accrued
bid1 deposits, $60,750; due from customers
-
,Volume 162.
J
NumberM443
< secured>, $21,151; fixed»assets4 ■( net after depreciation),
paid expenses, $10,423; total; $3,184,167 .
$1,379 'p pre¬ It'. • "The Western Pacific RR. realizes the immense' possibilities in
""
' v,
foreign trade in the post-war period between the United States and
countries in the Orient, the Philippines, Australia, New Zealand and
Latin America.
This includes, of * course, the 'off shore', trade with
.Hawaii,
.'
(cost $150,000),
at quoted market value
Government securities
S.
U.
,
LIABILITIES—Notes'- and drafts ^payable (securfed), $1,999,500; loans.
payable' (unsecured)^; $143,31T;;' :?employees'
war
bond
fund, $889.;
^reserve
for
taxes,' $44,188;v.accrued expenses, bonus, and reserves,
$76,822; common stock- (20,359 shares no par), $607,180; surplus, J
"•
2689
COMMERCIAL & FINANCIAL CHRONICLE
$153,076; dividends and interest receivable, $4,571; accounts receivable,
due on sale
of
capital stock through dealers,
$1,563; marketable
securities, at quoted market
$833; total, $1,921,822.
■
*
prepaid
$1,632,469;
values,
expenses,
"The
LIABILITIES—Accounts
appointment Is being made to assist importers and exporters
payable,
$2,383;
Federal Income taxes,
y $312,278;.. total, $3,184,167.«rnV, 162, p. 504.
,y!y ..^i/y// in solying the transportation, problems incidental, to the resumption
$17,500; Federal capital stock tax, $63; Wisconsin State Income tax,
of foreign trade activities, and to promote the. full use of port facil¬
$10,750; other liabilities, ,$868; common stock
(par $1),
$438,072;
Welch Grape-Juice C©;—Files Issue of Preferred—
capital surplus,.$500,535; earned surplus, $528,946; unrealized apprecia¬
$'•.<? ities in the San Francisco Bay area which have been considerably
augmented by wartime* operations.
• ; V,
V.v;\ "•••
'/
*/' tion in value of marketable securities, $422,705; total, .$1,921,822,
The c°mPariy has filed With the SEC a registration statement cover"As Eastern Foreign Freight Agent, Mr. Stoney will1 handle export
yjng 20,392.8 shares of second-preferred stock (par 4100) which the 5.
/
.Special Dividend of 30c.—
f
and import traffic moving fo and from the territory between the
company is offering initially to common stockholders at $100 a share*■
'Colorado .Rockies .-and'' the- ■ Atlantic-, seaboard.^'*
v 1 -1
' ■ " •/""
.
The directors have declared
a
yfear-'end cara ! dividend of eight
■
,
.,
,
,
,
,
-
'
the
•jn
ratio
of two- shares
for
each
15
shares
of
held.
common
No
.underwriters will be employed.—V;. 162, p. 884.
.
//
Charles N. Tackett of San Francisco has -been appointed Traveling
Freight Agent with
headquarters at Spokane,,-Wash;, by General
Agent Arthur H; Lund of Seattle,- Wash,, :and is "effective on Nov. 18.
The territory
in Which Mr, Tackett will represent the Western
-
/West Disinfecting Co.—To Redeem Bonds—
;
r r •;yy.yy/;'
cents .per
share and a special dividend
of the company, at ;the stockholder's
stock
from
All
:
,
fund
distribution
•a
of the outstanding-8%%- first mortgage and collateral sinking
/ Pacific will embrace eastern Washington, the greater part of Montana,
v
due Jan.
including Great Falls, Billings, Helena, Missoula - and Miles City; ,
1, 1958,'.have been called for redemption on
i
Jan;
northern Idaho, including Coeur d'Alene, Alberta and Saskatchewan,
1, 1946, at 102. and Interest.
Payment will be made at the
Trust .Company of-North
Canada, also part of British Columbia.
yj»:; ;://;./-yyyy
America, corporate trustee, 115 Broadway,: :
New York, N. Y.
At the time of; his appointment Mi*. Tackett was' Freight Traffic
y-y
;
' " '
.■■■■'
Immediate
y Agent
at San Francisco
payment of. the-full, redemption price,
■//
y; / V"V // y.:./-': >v!j yy/yyyy y-'/
plus accrued
i
to holders of
31
bonds
the
of
sale' of
V Distributions
and
-
July
on
record1 Nov.
capital
long-term
gains
securities.
of. wight
cents
and
1
of 30 cents in. cash or
option, both payable Dec.
represent
realized by the company
special "dividend will
The
21.
15,
Dec.
«ach
made -on
p, 1031.
were
162,
1944.—V.
last,
30,
June
T
Wisconsin Power & Light Co.—Calls Pfd.
Stocks-?-
"
.
interest
to
Jan.
1/ 1946, 'will be-made at
'/and surrender of said bonds.—V. 161,
\
-
Wist Point - Manufacturing Co.—Extra Dividend—
•
Railway
V^The directors bave declared
»share
on
an extra dividend* of GO cehts per y
outstanding, coital "-stock, .par $20, payable Dec;
14 y
the
.
K2P hQlderS'-of-Hecofd.fNov;>30A An-"extra .of
iDec., 15, .1944;, ■;v^y/Vr .•
paid on
v-; •
T .;TKe cdmpahy ,1s 'also cutefntly paying regular •
quarterly dividends
»of 75 cents per
share; the-last'one being made on Nov. 1.—V. 162, ;
-p;.mi9. y;/;j,/ ■ / <y/y ;/ v,
*
,
50
cents
.
CONSOLIDATED INCOME ACCOUNT -4
-
oper.
revenues
Railway
■■
The
company has called for redemption on Dec. 17 1945, at 110
dividends, all of the'outstanding shares of 6% and 7% preferred
V (Incl. Sacramento-Northern Ry-and Tidewater Southern Ry. Co.)
/stock' (except, the shares to be exchanged by the company pursuant
to its exchange offer dated Oct. 25,
1945.
Payment -will be- made
period End. Oct. 31—
1945-^Month—1944 V
1945—10 Mos —1944 K
time -upon presentation
2044. r/f'/y;V;y//'.y y /
any
p.
oper.
expenses
,
was.
1
Payroll
tax
Income
i
taxes
accruals._i.
■
All other ry.
:
$6,210,490
3,453,043
and
at
$5,766,315 $52,723,061 $44,921,133
3,100,730 32,395,809 27,931,191
/;'l>Vest;'TexasUtilities Co^EarningSr-1 • ' ■
Period End;
.
Total
.a
■
.
Septy 30—
1945-^-3-Mos.—1944
=$2,297,278
$2,294,788
Net
income.-__
oper.
; Other income
-♦ '
2945.
>>
veriues_rU .'
revenues
oper,1
Oper. exp. and taxes.XL
taxes.
; : 1,241,344
Federal income taxes.: 522,000
i
*
12 Mos.
$8,345,496
1,257,439
.109,913
$1,048,293
,$1,155,463
256,545
$619;329
7. $533,734 '
$2,032,446
/949 ;
^
1911
7 278,792
(net
' Gross- income•
$533,890 v $620,278
Xotai int.1; etc./ deduct,- >r- 460,497:
.
231,110-
$2,288,462:
' $2,040,298 5
,
-
"708,854 4
'
.
Net
;
income
Div. requirements
;
cum.
$6
on
1,135,814
* 894,000
$7,764,237
$7,587,823
;
162,
$266,648
1329.
p.
•
-
$282,623
Wisconsin Public Service Corp^Weekly Output—
-
-
9The
1442.,
p.
no
the
directors
-
.
a
dividend
'
of
45
cents
-
-'
share
per
on
Period End.'Oct. 31-^- ;
•
»
Western -Maryland-Ky^Earnings—*
"
>•
v
%
1945^Month--~t944
Taxes
? ;$602,838 V
v;
,
146,000
7
.
Operating income—.
$456,838* - $630,143
Equipment rents ——Cr89402^S Cr35,813
Jt. facility rents (net).;
JDr14,000
2)rl4,410
;
Net
ry.
Other
.
r
inc^__ i:
oper.
income
$5,315,728
;' 303,205
incofe
Gross
'Fixed
charges
Net
$566,321
'$686,850
income
i;
$5,618,933
:'Includes acct.
-
defense
of
2,696,061
$419,818
$5,707,493
$2,922,872
89%
,
the
$85,243
$84,997.' "
•
•
.
about $220,000;
all
" ; :
r';
Further
..
'
tries,
•;•; .t-V
*
the
stockholders
asSets
of
this
by
$497,509,
and
^ow of materials.-e-V;
traction
a
Physical
transfer
Was
•
Pipe will be liquidated.
/
"
dation
"
at
and
pfr
ferred
.
$4o
a
and
costs
:
There will remain about $6;070,000 for liqui-
147,587
shares
accumulated dividends
stock,
share
the
majority approved the sale of
to Consolidated Steel Corp. for $6,217,363.
- to- be
made about Nov. 30,
Western
expected
of. common
shares
12,940
stock
of
after
$10 par
of
retiring
7 r/o
Carol
pre-
will
according td estimates. Liquidation of common stock at
slightly better is indicated.—V. 162, p. 2314.
;
; r;
*
.
:
'
1
-—
■
oper.
"
■
—'
.
n
■.
Profit
-well//
of
oi
the
of
one
Wright's.—V,
'
ne
income
-
founders
158,
■
of
2599!/
p.
/;
directors
have
declared
year-end
a
dividend
of
Wilson
excess
;ss
•Federal
Res.
for
1,309,858
171,321
12,030,712
14,359,798
749,014
405,940
incomers. —1,797,106
1,481,179
.12,839,726
14,765,738
Deduct:
from
ord.
inc.
/
;
548,077
/ 512,594 /
5,171,197
4,652,674
968,585
7,668,529
Wisconsin Investment Co.—XReport—
Sept.
of
the
1945,
30,
NOTE—Profits
months ended
:-
X'
-
—933,040
17,903
share or.'20.94%.--'':-:w.' :y/ --yy'
'
Extraord.
Delayed
curr.
incM
Income,
net
^ •Net
fr.
Dr5,060,700
•
=971,124
—7,395,065 :
net
inc.-— Crl,377,000
:
______
-..7
--v
surplus.A ^—6,018,065
1,674,789
-
>•;
4,709,000
which
the
653,124
—200,211
v
5,421,967
*':W<J(C)ME
"/ '
v-
Divs.
.
•Deficit reported for Sept. and cumulative figure this year reflect
-special charges.in Sept. for estimated retroactive wages Mar. 14, 1943,
to Sept. 30,
1945, less $1,500,000 reserved for this pufpose in Aug.,
1945.
Had
only the proportion of retroactive wages applicable to
;each period been included, net income transferred to earned surplus
would
have
been
$672,060 for Sept, and
$5,656,528 for the nine
.
>
on
Sept. 30,1945.—V.
162, p. 2521.
v.
v
-mktble.;
"V-"
(pr
'
■
Total
General
:-r
;
•
"n^ktble sees.—*
^
V.*'
^4-t
-•
and
Foreign Trade—
$43,810
,
•_
.
'.
L_-
admin,
•Adjustment
636 /! ;
Z
•
$54,872
$28,020
1,039
^In
-.5,237
10,750
10,075
—____—
;r
7,950
Cr26,715
Cr32,700
$27,176
$35,477
..
to
E.
Lauer,
income
-
—
y
company
order
receive
to
profit—
Deprec. & deplet., etc—
Interest
/
•Amount/applied against profit on sales of securities.
the nine months ended Sept. 30, 1945, no consideration
given to the net profit on sales of. securities which amounted
$158,796 and has been credited directly to earned surplus, less a
BALANCE SHEET AS AT SEPT. 30, 1945 '
-ASSETS—Cash
on
hand
and
demand
deposits
in
-
the
were
,
15
cents per share
15, 1946 to holders of
paid on Jan. 15 and
'
*
•-
.
21
Nov.
on
162, p.
1945,
1442.
began
above
'
.
"
'
1
interest
first mortgage and
upon presentation
paying six months'
referred
1945
$7,118,831
3,236,485
tl,564,403
to
interest
the
profit
.
"
bonds
are
Phila¬
.
:
;
1944
1942
1943
$9,8131082 $10,832,972 $12,105,845
3,400,576
396,738
3,420,754
573,432
620,000
4,197,000
4,740,000
$1,697,943
$1,818,768
2,978,435
596,758
$2,098,786
,
and ex-
•Subject to the provisions of the Renegotiation Act.
380.000 premium on bonds
6,071,000*
$2,459,652'
tlncludes $1,-
called.
the'nine months ended Sept. 30, 1945, net. profit was $5,847,615,
per common share, compared with $5,253,154, or $2.76 per
common share for the first nine months of 1944v—V. 162, p. 1329. ..
or
$129,312;
1,
profits taxes
For
7.'
banks,
cess
•Net
NOTE—For
to
V Xy/
Co.—Payment of Interest— ;
Dec.
3 Mos. End. Sept. 30—
;
$23,118
has been
on
Operating
Cr 10,587
provision of $26,715 for estimated taxes applicable thereon.
».'•'/•'•
of
Jan.
/
President,
inactive duty.—V.
Federal income
Net
;
.
Youngstown Sheet & Tube Co. (& Subs.)—Earnings—
y
-.2,303
tax——_
dividend
a
*y
.
delphia
15,492
$40,291
.•yX'/X;,';-/
y
required to.be forwarded to Brown Brothers, Harriman & Co.,
or
New York.—V. 161, p. 2378.,
$43,513
•V.v 26,400
v.-
$2.40
credit
r
of 15 Cents—
to $25 per $1,000 bond on unextended
collateral trust 5%
gold bonds due Dec. 1, 1937,
of the bonds for. endorsement of payment,
.
-
4,938
,54!
14,581
$28,711-
••,--'•/
7"
•
amounting
;
.
17,500
••
—.—
income
$38,520
.
I9®
$4,718,443
1,964,487
,
York Railways
The
,$54,236
17,061;
expenses——.
bank loans—
State
-
$45,772
:-y;
on
released
1943
1,772
.
7
;
-
1945.-
14,
,
v/y-'y,y; v/;s.yy;:f-y /y
*
-'•-
.
1944
•
''•
declared
have
62,720
-
subsidiaries not consolidated for the nine
v—« $5,986 (1944, $76,913) in excess of
162, p. 611.
capital stock, par $1, payable
Nov.
30,
1945.
Like amounts
Stewart
-
'
Profit
Interest
1945
-C"
-
Federal income taxes-
S
Looking forward to expansion of export and import trade through
San
Francisco
Bay ports,
this road has. created
thev position
of
Eastern Foreign Freight Agent with headquarters, in Chicago, 111.
Thff position was filled by K. R. Stoney of San Francisco, who
has been appointed by P. R. .Tobin, Foreign Freight Agent!
The
appointment became effective Nov. 15.'
■;
Mr;
Stoney has -been chief of the rate bureau since July,
1942.
In
announcing
the above appointment,
the following
statement
Was issued by the railroad?
/.VT
;:7
—
announced the election
by the board of directors of John R. Hertzler as Vice-President.
He
has spent his entire business career with
this corporation. In 1942
Mr.
Hertzler accepted a commission in the United States Navy and
held
the
rank
of
Lieutenant
Commander when he was
recently
company;
NINE MONTHS ENDED SEPT.30
secs.-___^-_____-- -
income
Wisconsin
Western Pacific RR. Co.—To Expand
foreign
"*0.
Cr62,720
...
______
of unused excess profit
New Vice President—
•
'
security-/income__w__-L__l;i_
Other
;'
ACCOUNT,
'
ended
directors
the
July
y
reason
...x
Interest
•
jnonths
v
The
on
elected to become a regulated Invest¬
of this election that portion of the net
company
disburses by way of dividends is not
By
company.
profit
10,130,967
1,875^00
318,000
v
of
$7,992,843
2,647,200
627,200
>
York Corp.—Declares Dividend
During the year the .company
ment
subject;'t!6 FtScleral income taxes, to "the
incw transferred-to
earned
TO,818
net_^_ Dr5,060,700
Net income
Deducts,
'
y "
•
485,300
60,530
for
Sent.
r
asset
net
-
Cr60,530
:
,
f
2,287,300(
[
465,000
dividends received.—V.
value per share outstanding
was
$4.31 compared with $3.63 at Dec. 31,
1944.
The appreciation
thus realized in the first nine months of-the year is 68c per share
or
18.73%. : Giving effect to dividend of 8 cents per share paid on
June
30, 1945, the appreciation in the asset value is 76 cents per
As
10,113,064
12,539
Net ord. income^—r^2,345,183
-; -
J
credit.
post-war' contg.
•Credit due to carryback to prior year
of current year.
record
;
$6,412,158
605,300
485,300-
1
A
$1,426,132 / $1,568,508
$4,589,858
Shares of capital stock, 7 1,965,907
1,964,487 y 1,965,907
TEarns.' per share; $0.73
$0.80
» $2.33
Bros.,
cents per
375,961
-898,200"
[
tax—
"Consol, net pi*ofit
•/.
the period
,
ord.
tax
$
$1,446,432
_____
surtax—]
prof,
Post-war refund
y/ V '
621/2
taxes
Fed. normal &
nal
•-
•
$6,993,079
623,803
398,782
'
.
•:v'-/; •-\j'
for
';
..
,
"•
$5,112,579
900,796
102,687
$2,723,124
246,196
....
Profit before prov.
-Offer of Prepayment65, p. 1127.y
!
-
$4,969,756 $12,094,569 $13,487,315
,
169,614 / - 484,388
509,843
2,077,618
6,497,602
5,984,393
$3,072,008
$947,916
358,677
/139,839
(net)_^—
foreign subs._
{.v;
y'yyv:yy
1945—9 Mos .—1944
1945—3 Mos.—1644
$3,286,305
,158,193
2,180,197
_____
income
Divds. fr.
:
Subsidiaries)
Domestic
Owned
,
domestic
from
operations
Other
Underwear
.
Wholly
(And
Period End. Sept. 30—
t
capital stock, par $10. payable Dec. 4 to holders of record'
Nov. 26.
Including the dividend of 37V2 cents per share paid on May 1,
last, this will make a total of $1 per share for the current year, the
same ampunt as paid in 1944 —V. 162, p. 55.
?
V
■
income— —1,976,273
179,167
inc.—non-commun.
Gross
„
"
*,
Profit from operations.
Depreciation —__—_—
Sell., gen, & adm. exp._
Wilson Jones Co.—62 V2-Cent Year-End Dividend—
.
Net
Ord.
-
grandson
Alton,
■
additional
through
said,
1
•
share on the
Period End. Sept. 30—
1945—Month—1944
1945—9 Mos.—1944 VOperating revenues —
•
$$
'
$
'$
after adjusts. —15.888,436
15,156,053 141,955,502 139,195,768
Operating expenses ——
17,864,709
13,846,195 129,864,790 124,835,970
,
1
-
become: President
-
The
Western Union Telegraph Co.—Earnings—
'
W.
he
;
Fed.
above.- -V.
RR.
Line
-
contemplated,
is
expansion
(Win.) Wrigley; Jr.,.Co.r-EaTnings—
or
y
:
Brothers.
Wilson
Service Industries,
.
§
transportation
company
162, p.-2314.
Brothers—Purchases
Wilson
,
'
•
purchase of
Fabricators,
purchases now under consideration • to broaden the distribution of
•Woodall products and fabricating service for major industries in other
sections of the country.—V, 162, p. 2314.
V'/v ";;
^
Concern—
/■This company on Nov. 27 annoUneed the acquisition of Wright's
Underwear Co., Inc.,
of New York, makers of men's and boys' knit
underwear-for over 60 years. It will operate as an independent! (injlti',
substantial
a
company
*
-
Further
-
/
underway but that before full production can be reached on the in¬
creasing backlog'of orders for civilian and industrial products, it will
be necessary to retrain a great many employees and to obtain a con-
r
-
Acquisition-of the new Cleveland; New York and Chicago units
represents "an. approximate $5,500,000 addition to total Woodall sales,
Mr." Woodall 'revealed.:
:"*■
w / v.;
$588,000.
~
Mr. Bucher said that rearrangement of Westinghouse plants is
:
•
purchased
•;
/ $852,651
Approved-^-
'
.
has
it
ssi*.y/ o--sti-
^
Western Pipe^& Steel'Co-Sale
-
that
unit,
sales
and
manufacturing
Inc., and the Service Products Co,
•
.
.
Coast
,
,
of New York, and two. Chicago units, formerly
K inc.,
,
:
,
15' announced
Nov.
on
"
,
Inc.- -• /"
J. Woodall, President, recently -announced the prior
additional operating divisions: the. tormer Board
H.
•;
three
$36,000,000,
Atlantic
>
,
.
^
formerly .known
as
In¬
dustrial
Fabricators,
Inc.,
in
Cleveland,
Ohio.
The . acquisition
includes the total assets of the Cleveland firm, including
a manu¬
facturing plant on Carter.Road and current sales of approximately
$1,000,000 in volume annually.
Current operations in Cleveland will
be continued on an expanded basis under the name of Woodall Indus-
/another
goods such as refrigerators and home appliances,
said, asking:
:
;
October-orders, 73 %, or approximately $36,800,000, were
.
"
Expansion—
company:
The
T
"
The
'
to acquire certain patents for $200,000 and to acquire
outstanding capital stock of Industrial Fabricators, Inc.," of
the
'
approximately reversed this war¬
October orders
V;(. .-1,:j-''*
generator costing
equipment costing
$3,291,612
$852,431
|
■
-
Inc., of Illinois for approximately $438,400; to acquire certain Chicago
buildings of Service Industries, Inc., and of Service Products Co." for
Corp^Books ^49,573,246 New
-
.
Wilmington. & Newbern RR,-
;
capital fund,"
41 % represents orders from industrial com¬
from electric utilities, 8% from the transportation indus¬
try and 3% from the marine industry.
By contrast, our products
most in demand during the war were marine, radio and radar equipthe
"Of
tinuous
projects-
J
interest
$5,434,223
.
e.,
civilian
other
See
"
the
that
Bucher
2,702,127
.
-
charges, i.
Mr.
Bucher reported that demands for central station, or power
generating equipment, are now high because there was little expansion' In this field during the war.
In pointing out industry's general need /
for new
factory equipment, he noted- that -one steel company had;,
ordered transformers costing. $295,460; another steel company a turbine
amortiz. P
—V,, 162, p„ 2521,
.
262,975
$303,346
t
;
$776,670
of the October orders represent products for the. armed
the Maritime Commission on Lend. Lease.
All other orders,
were for products Westinghouse builds for private industry,'
ment."
$5,993,739
267;032
-
(
chgs.__
panies, 22%
•£;#. 286,246
35,304
,
products for other industries; such as power generating and control
apparatus, switchgear, transformers, transportation and other heavy
Drl49,417
$651,546
Inc.-^-Registers Preferred—
Woodall Industries,
line- industrial -equipment.
$5,446,437
Cr410,473
34,081
$6,255,354
y;;y.y/, tyy
479,348
for
Cr771,716
$532,240
——;
directors
"Of
$4,703,567
.
$5,913,571
Nov. 17,1945,
compared with 11,646,000 kwh." for the
an increase of 5.3%.-—V, 162, p. 2521.
as
year,
The
company
has filed with the SEC - a registration • statement
/covering 100,000 shares of 5% cumulative convertible preferred shares
'(par $25).
• -yV'
/
Paul H. Davis & Co. Is named as principal underwriter.
The
public offering price will be supplied by amendment.
•'
With the net proceeds, company plans to acquire air capital stock
of
Board
Fabricators, Inc., of New York for $680,000; to acquire
certain assets of the business formerly owned by Service Industries,
Bucher,
and
-
: Dr159,555
„
H.
Mr.
$9,202,567 $10,950,437
4,499,000; ; 5,504,000
-
$930,615
J/yX «;■
President, on Nov. 28 reported new orders booked inOctober amounted to $49,573,246 and announced a survey just com¬
pleted by ail manufacturing- divisions of the company Indicates- that
in the year ahead-"we can sell our products to the limit of our capacity to produce/' 4
Noting that during the war years more than 90% of all the Com¬
G.
or
1945—10 Mos.—1944
$957,143
327,000
v
"Only 11%
;;
rev._.^...'
Net oper.;
/.
"
services,
Operating -revenues^:-. * $2,407,837
$3,023,187 $29,086,740 $30,750,157
'Operating exps.
^ 1,804,999 * 2,066^)44 ,19,884,173 ^19,799;720
-
fxd.
time average.
•
^
46,918
24, 1945,
for the
r
Mr.
s
1
J :v
$823,588
Westinghouse Electric
•
•of
$4;50
-
166,179
pany's products were for-direct war use or for use In war Industries, ;
Bucher observed in a statement, following a meeting-of the board - :
common
Now. 26; and
*
$6,461,353
205,999
/
for
Orders in October—
stock, no par value,; payable Dec. 3 to holders of record
the usual quarterly dividend of $1.12% per share on the
preferred stock, no4 par value; payable Jan. I, 1946, to holders
of record Dec. 15, 1945. 'x".
\ 7-)i
-A dividend of 33 cents per-share was
paid on the common stock oh
Sept. 1, last, as compared with 25 cents' on June* 1: 1945.—V. 162,"
p. 2193. v;
v.''
-:'v;: Vv
-
12059,000 kwh,,
corresponding week last
Ohio for $305,150.
par
declared
totaled
-487,785
: $6,079,750
$914,125
1944 deductions.—V.'« 162, pu;- 2193."
parable
.
have
-
aft.
Co>--2d^CeM Dividend-^
West 'Virginia Water' jService Co^—Larger Dividend— ,*;
The
available
charges
charges
•Amount available for contingent
$863,411
a dividend of 20 cents
per share
value, payable Jan. 2, 1946 to holders
of record Dec. 15, 1945.
Payments made during 1945 were as follows:Jan. 2, April 2 and July 2, 20 cents each; and Oct.
1, 40 cents.
stock,
common
559,485
37,454
Crl6,490
.
ji,614,254
2,243,972
$5,520,265: $5,973,568
>
requirements r on general mortgage- 4%% income bonds, sinking fund
and
other corporate
purposes.
tReorganization of Western Pacific
was effective Dec.
29, 1944, hence no figures can be shown for com-
otoi "Nov. 2T declared
directors
the
011
:
y
corresponding week last year, a decrease of 1.1%. , /■
-Electric output of this corporation for the week ended
-
426,180•
$905,264 *
•
Electric output of the corporation for. the week ended Nov.
/totaled 11,150,000 kwh., as compared with 11,276,000 kwh.
$1,289,591
426,180
-
Madison,
West Washington Ave.,
122
the
X-v
%
fixed
.
Inc.
iWest !YIrginJs^lPui^' &tp*pcr
■
-
$1,331,444
r 106,545
106,545
?
>•
Balance
V,
$389,168
' fy.r
-
$876,671
:
$841,287
17,698
21-^^
-i
Income
998,871-
-:
stockU-^—
pfd.
^$373,193
/
49,539
;
^deductions
Fixed
"
i
Income
Total
:
Misc.
10,110
V
;
Ur)___—
Other income
$2,278,352
; 7,852'
; 7
rents
$791,748
4,838,000 *"
1,047,500 ~
7 1,587,000
(pet)--^- ; ; / v.-44 '. ;
income
Equip, and joint facility
-
company,,
//"/v.;-;
surrender-
may
.
178,485
tax accrls.
oper.
the
of
certificates for4 said shares 1 on
or
after Dec. 3, 1945 and receive payment of the full redemption price
; ,<$U0; pef share) and accrued dividends to Dec. 17.162, p. ,2314.;
$2,757',447 x $2,665,585 $20,327,252 $16,989,942
t
? /T:116-,009'i
U0;599 V 1,122,931 ? 1,069,274"
10,304,270
7,498,845
1,414,660 yi,289,616
$7,963*852
4,726,050
418,000
rr:-
Ry.
office
Wisconsin.
^" Holders-
'
%
the
"
.
$3.12
THE COMMERCIAL & FINANCIAL CHRONICLE
2690
State and
,
'
•'
'
1
City Department
■}.y
,
Provided
assistance
State
—
to
local
planning is being provided
in Alabama on a widespread scale
the Alabama State Planning
Board,
the American
Society
of Planning Officials reports,
f
This responsibility of the Ala¬
by
bama board to local communities
is clearly stated in the legislation
which created it.
Programs of
local assistance
found in other
are
standing balance of its issue of
3% refunding bonds dated Oct. 1,
1941 and due Jan. 1, 1969.
The
holders of said 'bonds
directed
are
to present
them on and after Jan.
1,1946, to the Commercial Nation¬
al Bank of Little Rock, for pay¬
ment, and are advised that all
called
thus
bonds
will
to
cease
bear interest on and after the date
for
setts.
1
,
the
at
State
present
has
contracts with
19 local planning
working on urban
studies. Many of these municipal¬
.commissions
ities have made substantial prog¬
ress in designing and adopting a
municipal master plan with the
aid of the Board's technical serv¬
ices.
V
The Board also
has contracts
county planning com¬
missions whose activities are pri¬
marily concerned with economic
;
y
with
four
opportunity studies.
tries
have
result
of
been
New
indus¬
established
these
as
cooperative
a
pro¬
grams.
The Board is also commissioned
to make and
adopt a master plan
for the physical
development of
the State.
hospital plan has been
adopted and discussions
held
are
being
with the Department of
Education to decide whether a
the
Called—The
holders
.
of
following described bonds are
advised that said bonds have been
called for
payment and redemp¬
tion on Jan. 1, 1946: $159,000 re¬
funding bonds, (being the out¬
standing remainder of an issue of
$188,000 refunding bonds). Dated
Dec. 1, 1940, numbered 30RB to
188RB. Bearing interest at the rate
of 3V2% and all maturing on Jan.
1, 1969, but being unconditionally
redeemable by said District on
1, 1946 or any interest pay¬
ment date thereafter.
Funds for
the
payment
the
interest
bonds and
of said
1,
thereon, due Jan.
1946, will be available at the of¬
fice of the Commercial National
Bank of Little Rock, on and
date
cease
1'•
;
•••
-
v
Call
Bond
Notice
—
is
%' State-wide
nity studies
each
.
of
industrial
are
the
opportu¬
being made and
446
industries listed
S. Census is being an-
by the U.
aalyzed with respect to principal
items of cost,
markets^-State, re¬
gional,
national
and
foreign—
employment, wage levels, and the
component
the
material
involved
The Board's
the biennium
1945, isi$75,000
24 persons
seven
appropriation for
ending September,
a year.
There
are
the
on
staff, including
planning technicians.
Birmingham, Ala.
Bonds Voted—The
bonds
were
tion
amounting
favorably
101
Augusta, Ark.
Call—The
1, 1945, be¬
ing Nos. 35 to 52. Denomination
$1,000 each. Holders of said cer¬
1, 1941, being $148,500
in bonds numbered 1 to 155, ma¬
turing on Jan. 1 of each year,
Holders of said
certificates
not bear interest
provided
on
ad¬
shall
and after date
funds
accrued
for
their
interest,
are on
deposit with the Union Na¬
tional Bank at the time.
De Vails Bluff
Special Sch. Dist.
No. 1, Ark.
Bond
Call—The above
District,
to the provisions set
according
out
in
in the face of
the
the bonds and
pledge and deed of
trust
securing the bonds, calls for pay¬
ment at par and accrued interest
on
Jan.
1,
are
ad¬
them for payment
1, 1946, to the
paying
agent, Commercial Na¬
tional Bank of Little Rock, and
and after Jan.
on
further
are
advised
that
said
bonds shall cease to bear interest
after
the
date
fixed
for
the
re¬
demption, provided funds for their
payment are on deposit with the
paying agent at that time.
submitted to the voters at an
it is
to
1946, all of the
out¬
held
be
Dec.
13,
issue
of
on
said.
Inglewood, Cal.
Defeated—An
Bonds
$1,500,000
held
c
improvement
ivic
defeated at the election
was
Nov. 14.
on
which is taxable at
without limitation
amount. Tn the event
property,
limited
prior to the delivery of the
that
FLORIDA
I
rates)
of rate or
bonds the income
received by pri¬
bonds of the
from
vate
holders
same
type and character
shall" be
declared to be taxable under any
Federal Income Tax Laws,
Voted
issue
An
—
civic
of
bonds
center
amounting to $3,852,000 was fav¬
orably voted at the election held
Nov. 27.
on
San
Sewer
Francisco, Calif.
Issuance Contem¬
Bond
plated—A four-year building pro¬
gram at San Francisco Airport, to
start about Jan. 1, was outlined by
city officials following voters ap¬
proval of the $20,000,000 ;
Gainesville, Fla.
Certificate Offering ?— A
Mateo
County, San Carlos
(P. O. Redwood
City), Cal.
r>n
R.
U
H.
geles
San
both of San Francisco,
Moulton &
Co., of Los An¬
and Heller, Bruce & Co., of
Francisco:
$85,000
5%
Marine
Municipal
Water District bonds, at 151.487.
Due Jan.
Municipal
Utility
District
bonds,
Jo™
1911
Due/'-•
Jan**
•
p
'V'V '-'"J-
/
at
1960 to
/
♦
70,099 5% .East Bay Municipal
Utility District bonds, at 157.121.
Due Jan. 1, 1969 to 1973.
541i000.5 % .East Bay Municipal
P?i £ Dlstrict bonds, at 154.D"e Jan.
.
At the same
time, a syndicate
composed of Blyth & Co. of San
irancisco, William R. Slaats Co.,
&
Angeles, and Heller, Bruce
Co.,
of
San
Francisco
wt?
Blaach6d4an4SSUe °f *Lonl
hnnrU? U
bonds, at
bonds
June
be
%
•
vari°us V purpose
These
a price of 132.86.
are
due
1, 1968.
on
Jan.
l
construction
of
issue
bonds
will
submitted to the voters at
election to be held
on
an
Dec,. 4.
Bond
17
Offering—B« L. Trahern,
Clerk, will receive sealed
a.m. (P.S.T.),
0*1 Dec.
17, for the purchase of $1,750,000
sewer system coupon bonds, at not
exceeding 5% interest. Dated Dec.
15, 1945. Denomination $1,000. Due
$175,000 from Dec. 15,
1946^ to
1955.
Bidders must specify the
bids until 10
1947 to
to bear.
mitted
Bidders wil be Per¬
different
bid
to
rates
of
interest for different maturities of
said bonds. The interest rate stated
in the bid must be in a multiple
of,
VaM 1%.
terable
The bonds are regis-
to
both
principal and
interest.
Principal and interest
payable at the City Treasurer s
as
office.
v
These
v
are
'
^
•
a
the bonds authorized
on
Oct. 9,
general ob¬
ligations of the City
and the
Council thereof has power and is
obligated
to
levy
ad
valorem
taxes
for
the
payment of said
at
the
1945.
bonds
election
Said
and
bonds
the
held
are
interest
thereon
all property within the City
subject to taxation by said City
upon
,
for, the
electric
purchase of; $400*000
revenue
thorized at the
certificates, au¬
election held on
•
Hafdee County
/ Dist.
Special/Tax Sch.'
NP. 5 {P. G.-Wauchula),
Florida
-
Bond Call—It is announced by
T. E.
the
may,
Blackburn, Secretary of 'the
Board of Public Instruction, that
district's
refunding bonds,
Series A Nos. 1 to 23, and Series
B, Nos. 4 to $3, in denomination
chase the bonds, and in such case of, $1,000, maturing> Jap. 1, 197$,
and Series C, Nos. 1 to 35, in de¬
the deposit accompanying his. bid
nomination of $1,000, Nos. 36 and
will be returned.,
37j iri'denom. of $500, and Nos.* 38 ;
The legal • opinion of - Orrick,
to 47, in denom. of $160, matur¬
Dahlquist, Neff, Brown & Hering Jan. 1, 1954, all dated Jap.
rington, of San Francisco, approv¬
1, 1939, are called for payment on
ing the validity of said bonds will Jan.
1, 1946, at par plus accrued
be furnished to the successful bid¬
interest evidenced by coupons due
der without charge, together with
on that date* Said bonds will be
a certified copy of the transcript
redeemed upon presentation, with
of proceedings. The bonds will, be
all subsequent unmatured coupons
awarded to the highest and best
attached, at the Central Hanover
bidder
considering
the interest
Bank & Trust Co., New York City,
rate or rates specified and the
or at the Wauchula State Bank,
premium offered, -if any.
The Wauchula, in the case of Series
highest bid will be determined by A and B bonds, at the Central
deducting the amount of the pre¬ Hanover Bank & Trust Co., New
mium bid (if any) from the total
York City, in the case of the Se¬
amount of interest which the City
ries: C bonds. Interest ceases om
would be required to pay from the date called. >
v:
date of the bonds to their respec¬
Hialeah, Fla.
•;/
* J :-u
tive maturity dates, at the coupon
Note Sale Details—The' $10,000
rate or rates specified in the bid,
and the award" will be made on temporary" notes awarded h*f Noy»
the basis of the lowest net inter¬ 20 to the First State Bank/ of
est cost to the City, computed as Miami Springs—v. 162, p. 2066-iaforesaid.
The
purchaser • must were sold at a discount of 0,47%.
notes
are
due't in three
pay accrued'interest from the date These
of the bonds to the date of deliv¬ months.
be relieved of his obliga¬
under the contract to pur¬
City,
tion
~
■
.
The Council reserves ' the
right, in its discretion, to reject
and all bids and to waive any
irregularity or informality in any
ery.
bid.
Council
The
will
take
action
awarding the bonds or rejecting
bids not later than Dec. 18,
1945.
Delivery of said bonds will
be made to the successful bidder
at the office of the City Treasur¬
all
er,
as
soon
as
practicable.
The
Palm Beach),.Fla..
Bond
deliveryy on or before Feb. 1,
1946, and in such event the suc¬
cessful bidder shall be entitled to
Bidders
are
requested (but not
supply an estimate
of the total net interest cost to the
required)
to
on the basis of their respec¬
bids, which shall be consid¬
as informative only and not
ered
binding on either the bidder or
the City. Enclose a certified check
for
$5,000
payable
to
the
City
Treasurer.
Election
-
•
.,
An
Scheduled
issue of $850,000 county memorial
park development bonds will be
submitted to the voters at an elec¬
tion to be held nextMarch*: 1%,
it is reported. :
t
,
|
ILLINOIS
Chicago Sanitary District (P. O.
successful bidder shall have the
right, at his option, - to cancel the
contract of purchase if the City
shall fail to tender the bonds for
O. Wist
Palm Beach County (P.
any
tive
City
are
O'Neil, Director of Finance,
ence
at Tiis option, prior to
the tender of said bonds by the
der
City
Stockton, Cal.
1, 1959 to 1977.
•
of Los
Election—An
$100,000
:
will receive.sealed bids until Dec.
Revenue, or by decision of any
Federal Court, the successful bid¬
panying his bid. The cost of print¬
ing the bonds will be borne by the
irate of interest which the bonds
1,1965.
Fast Bay
.
Bond
—
*
Clar¬
either July 24, 1945.
by the terms of such laws or by
ruling of a Federal income tax au¬
thority or Official Which is fol¬
lowed by the Bureau of Internal
the' return of the deposit accom¬
Sch. Dist.
Knn?ali£orria (Stat'
Sale
The
Bond
airport
expansion bond issue.
Bids will
be asked immediately on a six
months' starting program, includ¬
ing $4,000,000 for an eartli fill,
the paving of runways and taxiways to cost $120,000, land pur¬
chases $350,000 and $100,000 for
an improved field drainage system,
in addition, city officials are plan¬
ning to sell the first block of the
$12,000,000 sewer bonds,
voted
more than a year ago, with work
scheduled to start early next year.
San
-,.;!r t
•
-
Richmond, Cal.
Bonds
memorial
CALIFORNIA
and after Dec.
Union National
the
with
bonds
vised to present
on
are
called,
'
1946 to 1975.
are
directed to present
them for payment at
par and ac¬
1, 1945. at the
Bank of Little
Rock, and the hold¬
ers
of said certificates
bonds will
power revenue
election
ac¬
dated July
tificates
payment,
dollar and
following
bonds amounting to $1,770,000 and
offered for sale on Nov. 27 by
the State Employees' Retirement
J? und, were awarded to a syndi¬
cate composed of the American
lrust Co., of San Francisco, First
city has
BostonCorp., Blyth & Co > Weed-
exercised the right
reserved by it
in the 3% revenue
certificates is¬
sued under date of
June 1, 1940,
to call the
outstanding certificates
for payment on Dec.
r
the
on
interest, on Jan. 1, 1946, all
of the outstanding bonds of its
issue
of 3lA% refunding bonds,
following
$8,000,000
ARKANSAS
that
cents
to
poses bonds.
vised
hereinafter
crued
on
Nov. 20; $7,000,000
building construction, and
$1,000,000 grade separation pur¬
interest,
be
pledge securing the same, that
it calls for payment, at a price of
held
crued
Bond Election—An issue of $6,-
200,000
voted at the elec¬
school
Certificate
Imperial Irrigation Dist. (P- O. El
Centro), Cal.
and
in
manufacturing process. This
data, will be published in 10
sepa¬
rate reports.
mento,, or at the option of the
holder, at the National City Bank,
New York, fiscal agent of the
State of California, in the City
of New York, on or before Jan,
2, 1946.
being
described and in the deed of trust
map.
01
Basin
India
all coupons, if any, maturing sub¬
sequent to Jan. 2, 1940, attached,
to
the State Treasurer,; Sacra¬
bonds
'•
,
Washington County Sch. Dist No.
SO (P. O. Springdale), Ark.
the face of its bonds
capability
redemption
the
California
this call, will be redeemed on J an.
2, 1946, upon presentation, with
after
and said bonds will
to bear interest on said date.
of
land
of
The bonds of this issue, bearing
the serial numbers appearing in
called,
taken to make
a
for
State
■
Jan,
cooperative study should be under¬
on
viding
with.
given by the above district, pur¬
suant to the provisions set out in
based
provisions of Chapter 407, Stat¬
of California of .1909, pro¬
al
,
-
now
a State-wide
plan
educational facilities. Another
project is a State land-use plan
bonds
bonds by lot have been complied
•'
A master
Basin
that time.
Bonds
Planning
time
4 Jo
amounting to
$13,000, dated Jan. 2, 1911, in the
denomination of $1,000, are ealled
for payment on Jan. 2, 1946: Nos.
113,132, 229, 237, 306, 436, 454, 491,
574, 575, 633, 699 and 756.
The
India
utes
1
•
Alabama
The
Board
an¬
redemption, provided
funds for their payment are on
deposit with the paying agent at
fixed
States, notably Tennessee, Vir-> Marianna Special Sch. Dist. No. A,
ginia, Michigan, and Massachu¬
Arkansas
i
Bonds Called—Charles G. John¬
son,
State Treasurer,
has
nounced that the following
V;-
■■
',;'vv: .Y.vf-
BOND PROPOSALS AND NEGOTIATIONS
Alabama (State of)
Assistance to Local planning
Monday, December 3, 1945
,
Chicago), III.
V* „»
Contemplated-2-
Bond
Issuance
financing by the above dis¬
New
prospect for.
trict is said to be in
the
future as a' result, of. the
near
letting of
for
$10,386,125 contract
a
intercepting
Side
South
a
project which is expected to
cost
close
to
$18,006*600 when
completed.
The commissioners
Sewer
awarded the first contract tt5 S» A.
Healy & Co., Chicago.
The amount of bonds to be solid
af this time .was said to be un¬
certain, but with the districts
debt down to a little more than
hausted
is an unex¬
capacity
of
there
$800,000,000
bonding
roughly $40,000,000 available/ It
will not be necessary for the dis¬
trict
under
bonds
issue
to
the
$100,000,000 blanket authorization
enacted by the State Legislature
CONNECTICUT
in
Bristol, Conn.
of the U. S. J Su¬
consequence
Reported—This
Court decision in the Lake
Michigan water diversion jcase..
City has reduced its outstanding
debt from $4,550,050 on June 30,
1933, to $2,227,050 on June 30,
1945, it is stated;
The city's debt
is said to have been cut steadily
jq the past 12 consecutive years.
municipal bond circles, has hot
followed any set pattern in the
issuing of bonds to finance con¬
Debt Reduction
preme
Stamford (P. O. Stamford), Conn.
Note
Sale—The $600,000 tem¬
notes offered for sale on
Nov, 27—v; 162, p. 2564—were
awarded to the Bessemer Trust
and
$10,000. These notes are due
18,
1946.
Other bidders
June
were
as
Bidder
J. P.
that
guess
financing
the
in
instance
done in two pieces.
would: be
contract
work is' to
present
Under
the
J
begin within 30 days.
Two years
are
allowed for completion.. It
was
expected the
district would
advertise for bids for a
to
finance
work
the
within
initial
a", few
bond issue
part of the
days.
The
be sold
year./. :,/
The sewer project, according to
the district's engineers, will re¬
bonds
are
expected
to
around the turn of the
follows:
;
made
was
The
activities.
struction
the
porary
Co., of Jersey City, at a discount
of 0.46%.
Dated Nov. 28, 1945.
Denominations
$50,000,
$25,000
pointed out
The district, it was
in
/
Morgan & Co., Inc.
Leavitt & Co..
(except certain intangible person¬ First Nat'l Bank, Boston
Rate
0.47%
0.5185%
lieve
a
bad
0.534%
square,
mile
situation
area
of
in
a
27-
Chicago's
|g
■i' vS'r
Volume
south
Williamson
The
intercepting
said, is designed to
handle the. runoff of approxi¬
mately two-thirds of that area
and prevent the flooding that has
recurred with great frequency in
a period of years because of over¬
loading the present inadequate
System. "
side,
35
sewer, it was
: District
Bonds
announced
that
tenders
no
Cook
were
.Holders
Due
sent
for-
same
to
payment
dependent
1950.
Denomina¬
1, 1944.
$45,000,Okmulgee County, Okla.,
American National Bank & Trust
Said bonds
unlimited
To Ira Haupt & Co,; at 117.23
:
$16,000 Lyndhurst Township, N. J.,
•
6%^ school bonds.
Dated July
Due July 1, 1946 to
;1- 1, 1921,
pledged for the prompt payment
'1952.
Interest J-J,
of principal and interest, of this
To B. J. Van Ingen & Co., at 121.82
issue.
Legality
approved
by
Charles
&
Trauernicht
of
St. $75,000 Cliffside Park, N. J., 1Vz%
Louis.
'should be presented for payment
with all coupons thereto apper¬
taining maturing on or after Jan.
X, 1946. Any of said bonds which
Dated July
Interest J-J.
1949.
upon
bonds.
Due July 1, 1947 to
1,1924.
valorem
ad
all
taxable
property therein. ;The full faith,
credit and resources of this Dis¬
trict
have
been
irrevocably
levied
road
5%
and the interest thereon are pay¬
the
F-A,
To John Nuveen & Co., at 111.605
Said bonds
Bank, Chicago.
from
'
,
.
school refunding bonds. Dated
,
Jan.
104,111.
Wood River Sch. Dist. No.
Interest J-J.
to 1960.
Bond Election Planned—An is¬
Due Jan. 1, 1951
1,1935.
To the Indianapolis Bond & Share
sue of $190,000 construction bonds
Corp., at 119.435
registered w;ll be submitted to the voters at
should be accompanied by duly an election to be held in the near $50,000 Montgomery, Ala.k 5V2%
% C.J: ,*/£ ; -. - public improvement bonds.
executed assignments or transfer future, it is said.
.Dated July 1,1930.
Due July
W oodstock To whs hip (P. 0. Rushpowers in blank. t - *;
k
* *
1, 1950 and 1951. Interest J-J.
■.iV Dated
Jan.
1, 1936.
Interest
k
ville), III.
-snail
the
at
time
-
be
~
.
ceases on
.
No
J.
.
.
date called.
Received—William
Tenders
Gormley,
has
.
District
announced
received
were
that
on
Treasurer,
rib tenders
INDIANA
,
Township (P. O.
Fountain Green), III.
Bonds Voted—An issue of
000
construction
road
#Voted at
an
annual
¬
$33,-
bonds
was
election held recently.
Lena, III.
/
Bonds Voted—An issue of
CjOQ
plant bonds
sewage
offered
162, p.
Harris
carried
at a price of
about 0.971%
Dated Dec. 1, 1945. Denomination
$1,000. These bonds are due from
v
Due
in the
taxes
to
be
leitfed upon all the
property therein without
limitation
as
rate
to
or
amount.
Legality approved by Chapman &
Cutler of Chicago.
*
The next highest offers were as
follows:
Price
*1$ Bidder!
1947
to
1960.
The
next
Indiana (State of)
Award
Portfolio
—
Secretary
Fund, reports that the $1,122,500
municipal 'and
revenue
bonds
To
awarded
as
follows:
Indianapolis Bond and
the
Share Corp., at 119.927
$207,000 State of Arkansas 3 and
3y4%
highway refunding
bonds.
Dated April 1* 1941.
Due April 1,
1962 to 1970.
Interest A-O.
,
.
An issue of
municipal- light and power plant
construction bonds amounting to
To Kiser, Cohn & Shumaker, Inc.r
at 135.542
$30,000
$820,000 will be submitted to the
voters at the election to be held
on Dec/4.
Sept.
1952
To the
Rochfordi III.
Voted — The following
b'onds amounting to $675,000 were
favorably voted at the election
held on Nov. 20: $450,000 munici¬
; Bonds
sanatorium
$225,000 garbage
pal
building,
and
disposal plant
bonds.
Sumner Township
100 (P. O.
Sch. Dist. No.
Sumner), III.
Bonds Voted—An issue of
-
to
petition has been presented to
Township Advisory Board to
authorize an issue of $600,000 not
to exceed 3% school site acquisi¬
tion and construction bonds.
1958.
M-S.
Interest
1960.
Interest
m-s.
:
,
25,000 New York City
transit
1927.
1935.
1,
bonds.
4y4%'rapid
Jan.
Dated
Due Jan.
1,
In¬
1, 1977.
terest J-J.
31,000 New York City 4y>% rapid
transit bonds.
Dated June 9,
1915.
Due June 1, 1965.
In¬
terest J-D.
To John Nuveen & Co., at 135.527
$8,000 East Chicago, Ind., 6% in¬
dependent water works rev¬
enue
bonds.
Dated Nov. 1,
1924.
Due
Nov.
1, 1946 to
1957.
Interest M-N.
Indianapolis Bond & Share
Corp., at 129.2872
To Ira Ilaupt & Co., at 138.01
$135,000 Metropolitan Water Dis¬
trict, Calif., Colorado River
water works
4 and 4V4%
funding bonds.
$18,/
re-
Dated Aug. 1,
1937 and Feb. 1, 1938.
Due
Aug. 1, 1966 to 1973, and Feb.
1, 1976.
$6,-
250,000 was favorably voted at
election held on Nov. 27.
the
Louisianna
"
at
122.325
$50,000 Philadelphia, Pa., 5% city
bonds.
Dated April 10, 1926.
Due June 1, 1962, optional in
1952.
Interest J-D.
50,000 Philadelphia,
.
Pa.,
,
4% %
city bonds.
Dated July 8,
1929.
Due Oct. 26, 1981, op¬
tional in 1951.
Interest A-O.
Bonds Offered to Public—An is¬
sue
of
$73,000
revenue
4%
water works
bonds is being offered for
general investment by Widmann
& Co., of Cincinnati. Dated Oct.
1, 1945. Denomination $1,000. Due
Oct. 1, as follows: $1,000 in 1948
to 1953, $2,000 in 1954 to 1967, and
Council Bluffs, Iowa
Bond Issuance Planned
Interest F-A.
.
—
10
purchase of $250,000 building
1, 1945. Denom¬
$1,000. Due Dec. 1, as fol¬
lows: $125,000 in 1946, $100,000 in
1947, and $25,000 in 1948. Rate of
interest to be determined on the
bonds. Dated Dec.
ination
election held recently.
MAINE
(State of)
Maine
proved—Governor Hildreth and
his Executive Council have au¬
thorized the Maine Port Authority
to borrow $325,000 and use $225,000 of its funds to expand Port¬
land's State pier.
»
One of several conditions under
which the permission was granted
was
that the indebtedness must
fully paid off in 10 years and
one-tenth of it, with ac¬
part
be
at
and accrued interest.
payments.
of the
will be required
to print and furnish bonds at his
own
expense and also pay for
opinion of Chapman & Cutler, of
Chicago. Bonds will be delivered
and payment therefor made at the
office of the District Treasurer.
Enclose a certified check for $5,-
least
municipal
$60,000
nually. It was also required that
a
sinking fund must be estab¬
lished for accumulation of annual
bonds
airport
vote at an
election scheduled for Dec. 17.
*
' •''
-
.
Port Chairman Henry
,
F. Merrill
had earlier told the Governor
that four Portland
Council
the
Port
and
com¬
lend the
$325,000 at
would
banks
mercial
necessary
1V4% interest,
MARYLAND
Coffey, Dis¬
will be submitted to a
interest, must be paid an¬
crued
The purchaser
000, payable to J. L.
Borrowing Ap¬
Port Authority
$4,500,000 issue authorized
at the election held on March 12,
1945. Principal and interest pay¬
able at the District Treasurer's of¬
fice. No bids for less than par
day of sale. These bonds are
the
bonds carried at
000 drainage
Des Moines
the
No.
(P. O. Opelousas), La.
Bonds Voted—An issue of $14,-
The
Indep. Sch. Dist., Ia.
Bond Offering---Geo. L. Garton,
Secretary of the Board of Direc¬
tors, will receive sealed and open
bids until 10 a.m. on Dec. 12, for
school bonds.
Landry Parish Drain Dist.
*
•
City Council will meet on Dec.
10, to institute proceedings to is¬
sue
$7,000^ airport improvement
bonds, according to report.
H. M. Wells,
—
Secretary-Treasurer of the Parish
School Board, will receive sealed
bids until noon on Jan, 4 for the
St.
George's County Metro*
politan District (P. O.
Upper Marlboro), Md.
Prince
;
Offering
Bond
—
William
Carson, President of the Board
A.
of
County Commissioners, will re¬
ceive sealed bids until 11 a.m.
(EST) on Dec. 11 for the purchase
of $500,000 general improvement
of com¬ of
1945, coupon bonds, not ex¬
munity building bonds will be
ceeding 3% interest. Dated Dec.
submitted to the voters at an elec¬
1, 1945. Denomination $1,000. Due
tion to be held on Dec. 10.
Dec.
1, as follows: $12,000 in
1946 to 1950, and $22,000 in 1951
KENTUCKY
Oderbolt, Iowa
Bond[ Election—An issue
Rate of interest to be in.
1970.
to
Henry County (P. O. New Castle),
Ny.
Bond- Call—Julia
M. Thomas,
multiples of one-eighth or one-*
tenth of 1%.
Bidders may not
specify more than one rate of in¬
County Court Clerk, I has
an¬ terest to be borne b,y the bonds.
nounced that the County's 4 ^ %
The bonds will be awarded to the
road arid bridge refunding bonds
bidder naming the lowest rate of
Nos. 16 to 57 and 61 to 85, are
interest named in any legally ac¬
being called for payment as of
ceptable proposals and offering to
July 1, 1946, at the Central Han¬
pay not less than par and accrued
York
over
Bank & Trust Co., New
City. Dated July 1, 1941.
ceases on date called.
Interest
Kentucky Bridge Revenue
interest for the bonds. As between
Bonds
Called—J. S. Watkins,
Commissioner of Highways, has
announced
that
various
iy4%,
li/2% and 1%% bridge revenue
refunding
bonds
amounting to
$639,000, are being called for pay¬
ment on Jan. 1, 1946.
der
aggregating $295,000 were
approved by the voters at the
election held on Nov. 20: $105,000
bonds
electric
are
identical
pay
the largest
.where
the
apportioned equally
all of such bidders, but,
in
all respects,
bonds will be
between
if
unacceptable,
of
in
discretion, determine to which
this
the
shall
prove
County t Commissioners
George's County, may,
Prince
The
awarded.
will
terest
be
lowest
will be
rate of in¬
determined
on
the
basis of the lowest interest cost to
the County
;■
of the bonds so issued,
to the
from the date of their issue
exten¬
last
ware¬
said
works
improverrient bonds,
Bossier Parish Sch.
of
of two or more bidders
bids
of said bidders said bonds
Abbeville, La.
Bonds Voted — The following
and
offering to
premium will be accepted;
the
its
LOUISIANA
airport; $75,000 sewerage
sion; $65,000 wharf and
house, and $50,000 water
naming the same rate
bidders
interest, the proposal of the bid¬
Bonds
Dist No. 13
(P. O. Benton), La.
Offering — R. v. Kerr,
$3,000 in 1968 to 1980. Bonds ma¬
turing in 1966 to 1980, are callable,
all or in part, at par and interest
on
and after Oct. 1, 1965. Prin¬
Offering
Bond
purchase of. $15,000
IOWA
"
Rapides Parish Fifth Ward Sch.
Dist. No. 51 (P.O. Alexandria),
the
(P. O. Frankfort), Ky.
To the Northern Trust Co.,
Voted—An issue of con¬
Bonds
a
struction bonds amounting to
A
Bond
date
of
maturity
of
any
of
bonds, by adding the dollar
amount of interest
payable on
each bond to maturity under any
proposal and deducting from the
total thereof the amount of the
premium offered to. be paid for
proposal. Principal and in¬
Parish School
terest
payable ; at
the: Prince
Board, will receive sealed bids
George's Bank & Trust Co., of
cipal and interest payable at the until 2 pjn. on Jan. 3, for the
Hyattsville. The bonds will be is¬
Citizens
State
Bank,
Newport. purchase of $335,000 school bonds,
Said bonds are issued under the
provisions of Chapter 76, Acts of
the General Assembly of Indiana,
Secretary
amended, for the pur-1
pose of establishing and construct¬
ing a municipal water works plant
and system in said Town, pre¬
scribing the form of said bonds
and providing for the payment of
the principal and interest thereof,
solely from a pledged portion of
1913,
as
the net
revenues
of the water sys¬
tem with authorization to levy
and
of
the
exceeding 6% interest.
to bear not
1946. Denomination
These bonds are due in
1966.
No bids to be for
Dated Feb. 1,
$1,000.
-
000 construction bonds was favor¬
Nov. 3.'
works
$50,000 East Bay Municipal Util¬
ity District, Calif., 5% bonds.
Dated Jan. 1, 1925.
Due Jan.
1, 1953 and 1954. Interest J-J.
,
ably voted at the election held on
Angeles, Calif., 5%
bonds. Dated
1, 1932. Due Sept. lj
Los
water
purposes
March
Due
March 1,
Due
.,
Paris, III.
Dec.
Newport, Ind.
*
i Bond. Election
Dated
bonds.
1929.
at 147.39
highway district, Calif 4 % %
bridge bonds.
Dated July 1,
1932 and 1933..
Due July 1,
.1964 to 1970. Interest J-J.
101.16
rapid transit
-
v
101.76 $200,000 Golden Gate bridge and
n/2%.
Paine,
We b b e r;
// Jackson & Curtis 1%%
V.
Forrest
Executive
To Ira Haupt & Co.,
.Chicago———
,
of the "State Teachers' Retirement
were
Washington Township, Sch. and
Civil Townships (P. O.
Indianapolis), Ind.
Bond Issuance Contemplated —
Fairfield, Iowa: '
issuance of
Due Dec. 1, 1979.
Interest J-D.
25,000 New York City 3 Vz % rapid
1,
highest
& McLeish, for
Slade
was
of Chicago.v;;.'
Bond Election—The
transit and various
iy4s, at a price of 100.42.
Bid
Rate
Northern Trust Co.,
dock
and
1
ing bonds offered for sale on Nov.
26—v. 162, p. 2442—were awarded
to the City Securities Corp. of
Indianapolis, as 1^4s, at a price
of 100.58, a basis of about 1.17%.
Dated Dec. 1, 1945/ Denomination
$1,000. These bonds are due from
bidder
& Cutler,
trict Treasurer.
purposes,
bonds.
opinion of Carmichael,
counsel, constitute valid and le¬
gally binding obligations of the
v District payable from ad valorem
taxable
rious
Township Sch. Township
(P. O. Evansville), Ind.
Bond Sale—The $106,000 build¬
1956.
1,
$50,000-New York City 4V2% va¬
Is,
.
(State of)
July
Due
J-J. (
at 137.667
19—v.
Nov.
100.189, a basis of
Center
man
1
No.
Shreveport), La.
O.
(P.
Dist.
Sch.
Parish
Caddo
be
to accomplish that re¬
sult." Legality approved by Chap¬
To Hemphill, Noyes So Co.,
2315—were awarded to The
Trust & Savings Bank, of
as
1934.
Interest
,
.
Nov. 1,
;as follows: $5,000 in 1947 to 1963,
and $6,000 in 1964. Principal and
interest payable at Mt.
Morris.
bonds,
on
1947 to 1959.
Bond Sale—The $91,000 build¬
ing bonds offered for sale recently
.were awarded to Halsey, Stuart
& Co. of Chicago, as l^s, at a
price of 101.93, a basis of about
*1.295%. Dated Dec. 1, 1945. De¬
These
1,
Dated July
road bonds.
4%
1945
of
$25,-
Ogle County Sch. Diet, No* 61
(P. O. tyt. Morris), III.
$1,000.
sale
for
Chicago,
sit an election held recently.
nomination
bonds
refunding
129.18
$25,000 West Virginia
"
Bloomington, Ind.
Bond Sale—The $125,000 semi¬
B, issue of 1936,
refunding bonds.'•
To Kidder, Peabody & Co.,
at
$20^)00 road bonds was defeated
election held recently.
Nov. 27, of se¬
Fountain Green
.
at ,an
ries A and series
v
of
issue
Defeated—An
Bonds
-
such water rates as may
.
.
able
Union*
City, at 115.50'v
* k
,
$500. Principal and interest
(F-A) payable at the First Na¬
taxes
:i
To the Union Trust Co.,
tion
tional
Dated July
July
Interest J-J. \.!a/
:i.. ^terest
Dated Dec.
disposal
1,
1,, 1946/to
sewage
bonds.
Due
1934.
1953.
-Co., Chicago, where they will be
redeemed-at the redemption price
of the principal amount thereof
and accrued interest.
1, as
and
1950,
pre¬
at
$22,500 Greencastle, Ind., 5% "in-
Refunding bonds. $13,000 Union City, Ind., 4% in1, 1954.
Callable
dependent
water
revenue
bonds.
Dated- Aug. 1, 1934.
follows: $3,000 in
$5,000 in 1951 to
: Due Aug. 1, 1949 to 1954.
In-
Feb.
Feb.
District
said bonds
of
To John Nuveen & Co., at 110.049'
1946 to
$5,000 in
3V2%
18,000
Treasurer, that he is calling for
payment as of Jan. 1, 4% refund¬
ing bonds, Series "A" of 1936,
Nqs. 6351 to 6769, for $1,000 each,
Series B, Nos. 1 to 2748, Nos.
.2849 to 3838 for $1,000 each, and
no. 3839 for $750.
.
Interest F-A.
1956.
1948, $5,500 in 1949, and $2,000 in 1950.
Call—It is announced by
Gormley,
follows:
as
County Forest Preserve Diat.
(P. O. Chicago), III.
^William;' J.
the
$22,500 3% Refunding bohds. Dub
Feb. 1, 1954. Callable Feb. 1,
1935, refunding bonds.
V; Bond
2691'
necessary
revenue
•
of
that
4% bonds, dated July 1, 1938, and
maturing as follows:
received on Nov. 20 in connection
with the call for series "B," issue
Exchanged—It has been
lay
$15,000 Connersville, Ind., 4% in¬
dependent water works rev¬
enue
bonds.
Dated Feb.
1,
1936.
Due Feb. 1, 1950 to
$40,500 re¬
funding bonds awarded early this
year to the Municipal Bond Corp.
of Alton—-v. 161, p. 611—were
exchanged for a like amount of
has
Treasurer,
To John Nnveen & Co., at 117.527
County Sch. Dist. No.
(P. O. Carterville), III.
announced
Tenders Received—Frank O.
Birneyr
ff'
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4443
162
1947
to
less than par
and accrued interest.
Principal and interest payable in
Benton or at the Bossier State
Bank, Bossier City. The approv¬
ing opinion of Chapman & Cutler
of Chicago, will be furnished. A
certified check for $5,000 payable
to
the
above
Secretary, is re¬
quired.
:
such
subject to registration as to
sued
principal only at the office of the
Clerk to
the Board of County
Commissioners. The proceeds of
sale
the
of
said bonds are
to
be
exclusively for general im¬
provements in the Metropolitan::
District of Prince George's Coun¬
used
ty,
as
set forth in the Enabling
Act, and for no other purpose, ex¬
that if interest matures on
any of said bonds before the first
annual levy of taxes, or before a
cept
sufficient amount of taxes is col¬
of paying
interest, such interest may be
lected
said
the
tor
purpose
proceeds of the
paid out of the
of said bonds,
sale
Michigan nor the Commission will
be obligated to pay the bonds or
^he interest thpreon except/from
said revenues. Legality approved
Ren ville
County Indep,/ Sch. Dist.
No. 55 (P. O. Morton), Minn.
Bonds Offered—Edgar G. Ad¬
ams, District Clerk, received sealed
by Wood, Hoffmaq, King & Daw¬ bids, until 8 p.m. on Nov, 30, for
son of New York.
the purchase of $45,000 coupon
""/
* y»''" ,''{A «;¥.»'•
*t
{'■' / I1-/' 1 '"A*\ ¥/;../refunding bonds. Dated Nov. 15,
A''■■■:
Wayne, Mich* ;
1945; Denomination, $1,000. Due
Bond
Sale—The
$173,500 re¬
•$3,000 Jan, 15, 1947 to 1961. Prin¬
funding of4945 bonds offered for
;
.
////^
.
,
-
/
'
Boston, Mass.
Bond Offering—William E. Hur¬
sealed * bids
receive
will
City Treasurer;
ley, ~ Acting
yntil
sale
Nov. 27
on
were
ariy^auitable bank
noon
Cbriipan^;
was
tion
$100,000
Construction
Building
Acquisition of Land Bonds. Due
$5,000 Dec. 1, 1946 to 1965. Order
of City Council of March 6, 1945,
effective March 27, 1945.
Dated Dec.. 1, 1945. Denomina¬
tion $1,000. Bidders to name rate
of
interest,in multiples of 54 of
1%. No bid to be for less than par
and
accrued
ferent
rate
interest, and
interest
of
dif¬
a
may
be
bid for all but no part of each
loan to be issued. Principal and
interest payable at the office of
the City Treasurer. In comparing
bids, preference will be given to
the bidders whose bids provide
for the lowest net interest cost to
the
(total
City
interest
for
the
duration of the loan from Dec. 1,
1945, less the amount of premium
bid).' Accrued interest from Dec.
1, 1945, to date of delivery is to
be paid by the^ purchaser. The
bonds will be ready for delivery
on or about Dec. 1,. 1945. Enclose
■
certified
a
bonds bid
Boston
check
1%
for
of
the
for, payable to the City.
Metropolitan District, Mass.
Stock Purchase Bill Filed—Representative Peter Jordan, of Re¬
vere,
has introduced a measure
providing that the District be au¬
-
.
:
thorized
No.
to
purchase the
on
bonds
will
Dec. 4: $18,000
voters
at
the
$200,000 construction bonds was rati¬
fied
at
the
election
held
on
Road
Minnesota
received
&
sealed bids until 11 a.m. on Nov*
30, for the purchase of $400,000
building coupon bonds, at not
exceeding 2% interest. Dated Dec.
1, 1945. Denomination $1,000. Due
$25,000 Jan. 1,1948 to 1963. These
tion held
on
Nov.
an
Russell
Postponed—J.
Carroll, Village Clerk, has
the
certificates of indebted¬
postponed due to a legal
technicality.
ness was
•Lake Benton Indep. Sch.-Dist.
No.
1, Minn.
¥_
Offering—Floyd W. Mon-
Sold—An
Water Bridge
issue
of
semi-annual
revenue
refunding
was purchased
during May,
by Stranahan, Harris & Co., Inc.
of Toledo.
Dated June 1, 1945.
Denomination $1,000. Due June 1,
1968. Redeemable at the option of
the State Bridge Commission, on
days'
published notice, as a
hole, or in part, by lot, on any
interest
payment date prior to
turity, at 104 if redeemed on
prior to June 1,' 1950; at 103
•
redeemed thereafter and
prior to June
redeemed
1,
on
or
1955; at 102 if
thereafter
and
on
or
prior to June 1, 1960, and at 100
if redeemed thereafter and before
maturity, plus accrued interest to
fjate fixed for redemption. Prin¬
cipal arid interest payable at the
Guaranty Trust Co., New York.
-The
thereon
net
bonds
are
the
and:
interest
payable solely out of
revenues
of
"The
Blue
Water Bridge," as said net reven¬
are
defined
in
the
Litchfield, Minn.
$2,Blue
bonds
$40,000./ Said bonds being all of
remaining bonds of an issue
mature ori and / afte«
Trust
.
held
on
voters
Dec.
■'
4, to submit to the
issue of
$30,000 airport
site, construction I and equipment
bonds,,
'
'
an
Prentiss
was
in
30
days after sale. A certified
for
District
pany
$380, c payable
Treasurer,
must
bid.
to
the
of
St.
.
..
.
the
.
than
er
which bonds mature
55,
July 1, 1949, Saidr bonds will be
redeemed at the principal amount
thereof and accrued interest to
1946; but without premium;
Jan. 1;
upon • /presentation' -andr
surrender-
thereof.(with1 all coupons thereto ;
appertaining maturing on or after
said date)/at' the Peoples Trust /;
Co., of Bergen County, Westwood
Branch, Westwood.
Any of said
bonds which shall at the time be
registered should be accompanied
by duly executed assignments or
transferpowers hYblank/ Interest /
ceases on date called. Dated July
until all srich
except, that the
Jan. 1,1960)
will be in-the amount'of $7,000.
The bonds maturing in the years
1947 to 1951 to be payable on their
i, 1939.
/
stated maturity dates without op¬
tion of prior payment, but the
Madison Sch. Dist., N. J.
bonds maturing after Jan. 1, 1951,
//Bond Election — An issue : of
will be redeemable at par at the
construction,
site
improvement /
option of the City ori Jan, 1, 1951, and, equipment bonds amounting
and on any interest payment date
to $550,000 will be submitted; to
thereafter, upon notice of call for the1 voters7 at the election to be
redemption given as provided in held ori Dec.. 4,
" iti A
year
bonds
thereafter
are paid,
last installment (due
Codes of
5278.26 Revised
Section
for
less
not
Matawan, N. J.
Said bonds will be
their
than
Sale
Bond
par
—
The $14,000 fire
apparatus bonds offered for sale
on Nov. 27-fv. 162, p, 2444—were
awarded to the Matawan Bank, as
payable
1.10s, at a price of 100.10, a basis
Dated Dec. 1, 1945.
Denomination $1,000. These bonds
the City Clerk,
of about 1.06%.
Wheatland County (P. O. Harlow•
ton), Mont.
Offering-~-Chas.
Bond
are
F. Wal¬
receive
sealed bids until 2 p.m. ori Dec. 4,
for the purchase of $75,000 hos¬
pital bonds, to bear interest hot
Clerk,
County
ton,
will
due on-Dec.
Other
1950.
lows: '
1, from 1946 to
bidders were
AAA'AMS
fol¬
as
■/
':rAA
Price Bid
Bidder
Farmers &
Merchants
,
,
•
4
/Natl; Banki Matawan,
For 1.10s
exceeding 6%.
■————
100.05
Boland, Saffin' & Co., ;
NEBRASKA
1 y2s-——-..—--100,15
For
B,/J; Vari/ingen & Co.,
Ashland Park-Sch. Dist. (P. O.
IVzs
For
Ashland), Neb.
—-
-
•
-
100.07.
.
1, as follows: $8,000
Dec.
on
in
1951, and $9,000 in 1952 to 1954;
optional 5 yegrs, after date. Au¬
County Supervisors Dist. '
thorized
at
the
general
election
|
playground
Charles
&
Trauernicht,
Louis,
¥
■
A
of
-
.
St.|
.
t
I:
MISSOURI
¥
struction bonds amounting to $1,was favorably
voted
election held on Nov. 27.
275,000
at
accom¬
:
>i',:
Bond
Springfield Sch. Dist,, Mo, ;
Bonds Voted—An issue of con¬
the
gen
'
'W/H
County (P. O. HackensackY^ N. J. ¥
Issuance
Pending—At
a
the County Board
of Freeholders introduced a reso¬
authorizing the issuance of
$450,000
and
road
bonds.
land purchase bonds
exceeding 5% interest. Dat¬
at not
1945. Denomination
for $585. Due $1,000
1946 tb 1951; and
$1,000 June and $585 Dec, 1, 1952.
Rate of interest to be in multi¬
ed
•
Dec.
$1,000,
1,
one
ples of one-tenth of 1% and must
be the same for all of the bonds.
Principal and interest payable at/;
& Trust:
the; First,National Bank
Co., Amityville.
The period of probable useful-?
ness
of said, object is 30 years./;
The Village/operates under the
1
recent meeting
lution
bridge repair
•
Village
bonds
Law
are
and
the
proposed/;
authorized by said law. /
registered as to/
principal and interest. No applica-v
ble local law has been adopted;
Said bonds to be
pursuant to Sections 33, 34 or
;;/■;'¥ Elizabeth, N. J.
Ordinance
the
13
City Council passed an ordi¬
on the first reading, calling
an
issue
amounting to
of
almshouse
170
pur-1
the Laws
of the Local Finance Law or.
Passed—On Nov.
nance
for
■
June and; Dec/1 ]
Nov. 6.
on
purchased
Pleasant, Grove Township (P. O.
: /;/// Baker, Mont.
between A the
Bond Offering—-L.
W. Busch,
''/'/■/
Stewartville), Minn. >"¥/•/
Bridge Commission and the : Bonds Voted—An issue of $35,- City Clerk, will receive sealed
Detroit
Trust
Co..
Detroit, f as 000 road bonds was approved at bids until 8 p.m. on Dec. 14 for
Trustee, and neither the State of the election held on Nov. 7.
the purchase of $72,000 refunding
Ii-t.lv>
;•>./ .-iv:,-.
;
/ «>..' ;t.- A: t v-.; •; /// ' A ¥ ••*. / ¥t A*- Ak i »•: i 1 ;V?» > J
denture / executed
in
payable on Jan. T, 1947, and a
like amount on the same day each
ture
4
MONTANA
In¬
July 1, 1950; and are now out-f
standing,
including
all
bonds
which bear a serial number great-* /
ward Jones &
nomination
check
which: Will
issued/ and sold; they
the amount of $1,000
are
be
f.dt
Trenton,. Neb.
recently by Ed-; 01 Bonds
Voted—An issue of $10,Co., and the Wal-' 000'
airport bonds was favorably
ton-Hamp
Jones
Co.,
both
of Vetted at the election held Nov. 6.
Jackson, jointly. Dated Oct.
I,
1 9 4 5.
Legality
approved
by ttiwt A / NEW- JERSEY. - >
until 8 p.m. on Dec. 7, for
purchase of $19,000 refund¬
ing bonds. Dated Dec. 1, 1945. De¬
Minneapolis. The approving opin¬
ion
of Dorsey,
Colman, Barker,
Scott &
Barber, o'f Minneapolis,
will be furnished.
Delivery with¬
.
(P. O. Bonneville), Miss>
Bonds Sold—An issiie of $7,000
3%
semi-annual funding bonds
the
Northwestern National Bank,
.
No. 2
Offerng—E. F. Weter, Dis¬
Clerk, Will receive sealed
bids
the
Trauernicht
&
Louis.
Bond
$1,000. These; bonds are
due on Dec.
1, as follows: $2,000
in 1946 to
1954, and $1,000 in 1955.
Principal and interest payable at
of
Trauernicht, of St. Louis;. *
Charles
Mllroy Sch, Dist., ■ Milroy, Minn.
trict
sale,
of
the
>
Bond Election—The City Coun¬
cil has called an election to be
State
•
Borough Clerk, calls for payment
Jan. 1, 1946, the Borough's 4%/
refunding: bonds
amounting to
on
-
Chapter 333, Acts
price not exceeding
2.30%
;
¥i\V¥.,/1
Call—Michael D. Franco,
Newark, N. J.
Bond Election—The issuance of
Emergency Housing Borrowing;
$40,000 school construction bonds
iwill be submitted to the voters Approved—In the written opin¬
Monticello, Miss.
of
Attorney-General
Van
at
an
election
scheduled
for ion
Bonds Voted—An issue of $25;Dec. 14.
Riper to/Walter R. Darby, State
000 industrial plant bonds car¬
Commissioner of Local Govern¬
ried at an election held recently.
Chadron, Neb.
ment, it was set forth/that the
Revenue Bonds Authorized — above' city may legally borrow
Oxford, Miss*
Bond Election — An issue of The City Council is said to have
$1,000,000/ from; the; State for
$100,000 industrial plant bonds will passed an ordinance calling for emergency housing.
the issuance of $70,000 in revenue
be submitted to the voters at an
.'¥
Tenafity School -District, N. J
election to be held on Dec, 11.
bonds, of which $50,000 is tO be
BondEIection-^Art issue ofconexchanged for existing and unpaid
Pearl River County Beats i, 2" and
struction
bonds
for
a
project
water refunding bonds/ The other
3 (P. O. Poplar ville), Miss.
$20,000 bonds will be used to ex¬ amounting to $493,000 will be sub-%
Bond Election Authorized—An
tend and enlarge the water work* mitted to the voters at an elec¬
election to submit to the voters an
tion scheduled to be held on Dec.
plant and System.
issue of $75,000 industrial plant
U.
i
Nebraska (State of )
bonds has been authorized by the
Verona, N. J.
State Agricultural and Industrial
Portfolio Bond Offering—Henry
/ Bond Ordinance Pending *--/-Ajri'
H.
Development Board.
Bartling,
Secretary
of the ordinance calling for an issue of,
Board of Educational Lands and
Pike and Lincoln County Johnston
$45,000 fire station construction
Funds, will offer for sale at open, bonds to bear not exceeding 0%'
Line Cons. Sch. Dist, (P. O.
public and competitive bidding, interest came up for final reading
Magnolia), Miss.
until 10 a.m. (CST), on Dec. 8,
in the Borough Council on Nov.
Bonds Purchased—An issue of
an issue of $205,000 tax-free bonds
20.
$50,000 25^% school bonds was
of. Nebraska State Subdivisions.
NEW YORK
purchased recently by Kenneth G.
Price & Co. of McComb, the Wal¬
Superior, Neb.
Amityville, N. Y.
ton-Hamp Jones Co.; and Edward
Bond Sale Details—The $35,000
Bond Offering—Sara W. Smith,
Jones; & Co., both of Jackson, 154 % semi-annual park and swim¬
Deputy Village Clerk, will re¬
jointly, at a price of par. Dated ming pool bonds that were sold ceive sealed bids .until 3 p.m,
Aug. 1, 1945. Due $2,000 Aug. 1, recently—v. 162, p. 2444—are dat¬
(EST), on Dec. 7, for the purchase
1946 to 1970. Legality approved by
ed Dec. 1, 1945. These bonds ma¬ of $13,585 park athletic field and
12, 1945.
$27,000
Bond
bonds
tified check for $2,000,
issue
Purchased—An
—
A
$10,525 3% funding bonds
has been approved as to legality
by Charles & Trauernicht of St.
Louis. Dated; Sept. 1, 1945r These
bonds are part of an authorized
Issue of $17,525.
elec¬
time
both principal and interest to be
payable ¥ in semi-annual install¬
ments during a period of 14 years
from the date of issue.
If serial
block of
announced that the offering of
238,794
District'^No. 5 (P. O*
Collins, Miss.
Bond Legality Approved
Hopkins, Minn.
-Certificate- Sale
at: the
determine
Emersort^. N.! J.'
*-•
¥ Bond
value with accrued interest to
date of delivery.
Enclose a cer¬
Jackson, jointly. Dated Nov. 1,
1945. Legality approved by Charles
F. P. Hoster-
authorized at
County Supervisors
$10,979.85 3% semi-annual fund¬
ing bonds was purchased recently
by Edward Jones & Co., and the
Walton-Hamp Jones Co., both of
Hennepin County Indep. Sch* Dist*
No. 24 (P' Ot Robbinsdale),
were
issue
tire
sold
Houston), Miss.
Bonds
13.
bonds
and issued; the en¬
may be put into-.one
single bond or divided, into sev¬
eral bonds, as theJ Council may
bonds are sold
Montana 1935.
Chickasaw
Clerk,
4,
Dec;
on
Government "paying
MISSISSIPPI
Bonds Voted—An issue of
District
election
an
$5,-
construction
to the
submitted
be
for the pro¬
ject; which is to cost $20,000.
Minnesota
man,
sewer
:
Federal
Cloquet Indep.Sch. Dist. No. 7,
—
in
and $12,000
the remaining $15,000
District Treasurer.
200,000
storni
elec¬
improvement, $12,000 sani¬
tary sewers, $11,500 water works,
and $8,500 electric plant bonds.
Bonds Offered
1949,
1951.
Ulen, Minn.
street
Nov.
to
Bond Election—An issue of
$50,000 will be
an
Indep.Sch. Dist.
(P. O. Morris), Minn.
and
000
with
Bonds
1
1947
in
Michigan (P. O. Lansing), Mich.
ues
■'
amortization
If.
Council.,
the
sum of $5,000 rof said
serial bonds will become due and
26, were
Bank, of; Morris, as 154 s. Dated
Nov. 26, > 1945;.
These/ bonds are
due on Nov. 26 as follows: $10,000
ahan, District Clerk, will receive
sealed bids until 1 p.m. on Dec.
of 1931, for a
7, for the pur
$35,000
$85.00 a shore. The bill also pro¬
154% refunding bonds. Dated Dec.
vides that the District be author¬
1, 1945. Denomination $1,000. Due
ized to issue bonds to effect the
Dec. 1, as follows: $2,000 in 1946
purchase.
to 1961, and $3,000 in 1962. Prin¬
cipal and interest payable at the
MICHIGAN
Northwestern National Bank, Min¬
Hillsdale, Mich.
neapolis. The approving opinion of
Bonds Voted—An issue of $400,- Dorsey, Colman, Barker, Scott &
000 municipal power plant equip-/ Barber, of Minneapolis, will be
Enclose
a
certified
ment bonds was
favorably voted furnished.
check for $660, payable to the
at the election held on Nov; 16.
cordance
the
bonds, not ex¬
sewer
3V2% " interest.
Dated
Jan. 1, .1946. Amortization bonds
will be the first choice, and serial
bonds will be the second choice of
will
13;
$54,000 refund¬
on Nov.
awarded to the Citizens
1950
submitted to the voters at
Nov.
on
ing bonds offered for sale
Bayport, Minn*
*
*>■
Election—The/ following
tion to be held
held
Bond Sale—The
MINNESOTA
shares of common stock of Boston
Elevated Railway Company in ac¬
30
and
ceeding
each;
effective March 27, 1945..
bonds aggregating
Minn.
hospital construction bonds
favorably voted at the elec¬
Stevens County
$390,006 Sewerage Bonds. Due Co;, Inc.; for; $173,500 15&sv at :a
$13,000 Dec. 1, 1946 to 1975. Order price of 100.519, a net interest
of City Council of March 6, 1945,
cost of 1.449%.
-
Bond.
trust
Bonds^ Voted—An issue of $64,000
v,
$160,000 ; Bridge
Construction
Bonds. Due $6,000 Dec. 1, 1946 to
1965. Order of City Council of
April 16, 1945, effective May 7,
1945.
//;¥•¥,•¥/•
or.,
.
Sauk Centre,
-
.
payable
cipal anc[ interest will be
at:'
awarded to
Stranahan, Harris & Cof; Inc., and
(EST), on Dec. 3, for the pur¬ Ryari, Sutherland & Co., both of
chase
of
the
following
coupon Toledo,
jointly, at a price of
bonds amounting to $1,950,000:
100.01,
a
net interest cost
of
/, $700,000 Municipal Relief, Act 1.295 %, as follows: for: $21,000
of 1945 bonds." Due $140,000 Dec.
maturing $7;000 March 1, 1947 to
J, 1946 to 1950. Order of City 1949, as 3s, and $152,500. matur¬
Council of Oct. 23, 1945.
ing March I, $7,000 in i950 to
$600,000 Public .Ways Construc¬ 1956/ $21,000 in. 1957 to 1960, and
tion Bonds. ; Due $60,000 Dec. 1, $19,500 in 1961, as 1.54s.
Dated
1946 to 1955. Order of City Coun¬
Nov; 1,1945. Denomination $1,000
cil of June 20, 1944, effective July one for $500.: Their next highest
bidder was Harriman Ripley &
/■?
water
'
-
'■*
Monday; December 3, 194$
THE COMMERCIAL & FINANCIAL CHRONICLE
2692
bonds
$285,000.jA
suant to Chanter 780 of
has provided //
at least 5%
of the estimated, cost of acquiring /
of 1944. The Village
from
such
current- funds
J^nd^/The.. opinioh/^f/HU^ t//
^Volume 162
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4443 '
tobk up an additional $300,000 of
dreth, Fowler & Hildreth, of Am■Jtyville, will be furnished/Enclose
a certified check for $271.70, paytable to the Village;' 1
1
v
•i/o Darien (P. O. Darien
the \
'construction
bonds. This makes a total of $13,300,000 taken up by the RFC to
date," 7
7777.7
Center),
■*
-77 New York ■
Bond Sale—The $9,500 issue of
1945, semi-annual building bonds
offeredfor sale on Nov. 26—v.
■
J62,
:
$500.
bonds
due
are:
of
-
Rate
.
Floral
V
:
Bond
Park,
N.
,100.195
100.115
J
Bidder
land
Nassau«
;i acquisition of 1945 bonds offered
for sale on Nov. 28—v. 162, p.
r
-County
-
National
-1-
.• —
1J 4
-
Bank, Rockville Centre0.1%
JC. F„ Childs & vCo,r and
-
100.10
■:>,
*
2444—were awarded
the
to
First
Sherwoo^ & Co.,. Jointly 0.1%
;
'
100.09
'
National
Bank
&
Trust
Co.,
of Saratoga Springs- Authority, N. Y.
<
tf. "S. Supreme Court to Decide
Floral Park, as 0.90s, at a price of
100.04,
a basis of
Dated Oct. 1,1945.
*
'
These
bonds
about 0.886%.
Dehorn. $1,000.
due
are
from 1946 to 1950.
■r
ders-were
;
'■•■'''■
'
-.-v.Vr.'*,
Oct.
on
The other bid-,
follows r
as
';ss>" wr^
<;v*-•<
-I*
Bidder—
TOa
»'
Rate
/
Bid
-
National Commercial Bank &
Trust Co., Albany
Tilney & Co.—
•
-.1%
7; Francis I. du Pont & Co
100.25
100.09
1%
______
■
=
'1^
.
'
Tax Case—Adherence to the
1,"
100.05
C; F. Childs & Co. "and Sher[ wood ti Co.,, jointly-^-. jLi;20%. 100.14
Newburgex*, Loeb & Co
.1.20%
100.05
1 Marine Trust Co., Buffalo.*; 1" 100.07
,
,
;
r
Newcomb CentralSch.Dist. No, 71
77 (P. 0». Newcomb),'
vBond; Offering
NJ K,
„
^
.7' ■
Patrick
J.
\ Tummins, District Clerk, will
'7 ceive sealed bids until 4 p.m.
re-
4!
Dec.
on
11 for the
purchase of $50,7 000 building construction coupon
or registered
bonds, for not ex->
7 ceeding 4% interest.
Dated Dec.
,1, 1945. Denomination $1,000. Due
■T
Dec. 1, as follows: $3,000 in 1946
-
.to, 1951, and $4,000 in 1952 to 1959.
j^Jtate of interest to be in multipies of %
;
one-tenth of 1% and
or
must be the
:
;
.
same
for all of the
bonds. Principal and interest pay¬
able at the North Creek National
Bank,
North
Creek.
The
bonds
will be delivered at the office of
7 the successful bidder or at the op*
of
tion
the
the
office
successful
bidder
at
of
Hawkins, Delafield
& Wood, of New York City, on or
7 about Jan. 3, 1946. The bonds will
7 be valid and legally binding gen¬
eral obligations of Central School
District No. 1, all the taxable real
/. property
within which 7 will be
fi subject to the levy of ad valorem
taxes to pay said bonds and inter¬
.
est thereon without
to rate
amount.
or
issued
and
sold
.
limitation
as
Said bonds are
to the
pursuant
nance
construction
the
*
frame
construction
of
doc¬
their
agencies and subdivisions sire ex¬
empt from Federal taxation is
Urgedby
Attorney - General
Nathaniel L. Goldstein in a brief
of
in
said
Dis-
trict.
-■
^ 7 The statutory authority for the
power to spend money for the
construction of said school is the
*
Education Law. In the event that
prior to the delivery of the bonds
the
received
income
holders from
.
bonds
by private
of the same
type and'character shall be tax¬
able by the terms of any Federal
tax
law, the successful
bidder may, at his election, be re¬
lieved of his obligations under the
contract to purchase the bonds
and in such case the deposit ac¬
companying his bid will be re¬
turned,
The period of probable
7 usefulness of the obj ect or pur¬
income
pose
for which the indebtedness
is to be contracted is 15 years. The
.approving
opinion
of
Hawkins,
Delafield & Wood, of New York
City, will be furnished to the pur¬
chaser
without cost.
Enclose a
check for 2 % of the
certified
amount bid, payable to the
trict.
New
7, '"7
'
York City
;
Dis¬
-
Tunnel Authority,
rNew York
'
•
Additional
Bonds Taken
By
B. F.
It has been officially an-,
nounced that
on
Nov. 10, the RFC
tinuance
of
a
brief
the
ur^ihg
con¬
doetfiha.rpf im¬
munity of State transactions from
Federal -tax.
;•
NORTK'CARO«;^ot;:
Fuquay Springs, Pf, \ C.
c» •
SaleThe $55|500 water
Bond
Denomination
Other offers were as fol¬
'
-w
'
\
:
$1,000.
(
price of
cost
Price, Bid
,T
R. S. Dickson & Co.,
Breed & Harrison,.
:;:7; ,1'.
^
.
.
Oct.
Dated
1, 1945. Denoms. $1,$500.
These bonds; are
April 1, from 1947 to 1970.
The next Jiighest bidder was the
000
and
due
First
Securities
Corp., Durham,
and associates, 7 for $15,000 2%s,
and $40,500 2s, at a price of par,
a net
:
interest cost of 2.053%..
-
;
Gaetonia Township (Pi O, Gas*:
Bond
bonds, at not exceeding
7
6% interest.
•
Greensboro/ jointly,
For $99,000, 6s, -
Dated
Sept. 1, 1945. Denomina¬
$1,000. Due March 1, as fol¬
:
.
7
>
of bottled
R.
2693
,
1945.
.
Denom. $1
The next highest bidder was
Co; and Branch
S. Dickson &
Banking & Trust Co., Wilson,
jointly, for $30,000 2%s and $80,000 2%s, at a price of 100.006, a
net interest cost of 2.72%.
Bond Call—Dorcas B. Rogers,
Town Clerk, has announced the
call for payment on Jan. 1, 1946,
of the following refunding bonds
amounting to $114,000:
7
/
.
$53,000 general refunding bonds,
.Nos. 4 to 18, 20 to 22, 24 to 30,
32 to 35, 37 to 40, 42 to 45,
;
47, 49 to 51, 54, 57, 58 and 60
Z..
•
61,000 water, light and sewer re¬
funding bonds; Nos. 9 to 23,
26 to 28, 32, 33, 37, 39 to 63
;
":.;
,
to 68.
7
:
,
/
-
,,
,
*
-
and 67 to 81.
■
'i
Commerce Union Bank,
Dated Jan.
tion
% 1937.
Denomina¬
$1,000. These bonds are due
1, 1967; Holders miist pre¬
their bonds with July 1, 1946,
subsequent interest coupons,
oh Jan.
sent
and
>7 Nashville, - 7
77-,::7/ ?:;y 77': 7 77 ■ at the Central Hanover Bank &
Barcus, Kindred & Co., and
Trust Co., New York
City, for
Thomas & Co., jointly,
—
payment.
Interest ceases on date
;
For $99,000, 6s, and
:• •
:
;
:
i? called.
7; $523,000, 2Mjs >--^,—1-100.004
NORTH DAKOTA
!
.
.
,
Bondss Called—A.
..
Chairman
the
of
-
V; - Edwards,
Board
of
$500 and $711.78. These bonds
due
July
on
1,
1972.
The
Ibsen
Township (P. O. Wahpefon)p
Com¬
missioners, has announced that all
outstanding 21/&%, series of 1937,
general refunding bonds of an is¬
sue of $629,211.78, are called for
payment on Jan. 1, 1946, on which
date interest ceases.
Dated July
1, 1937.
Denominations $1,000,
are
■
on
or
Dakota
North
Sale
Bond
•
7-
•
Details—The
$5,000
township bonds offered for sale on
Nov.
and awarded to the Na¬
12
tional Bank of
Wahpeton—v. 162,
2445—were sold as 4s, at a
price of par. Denomination, $500.
These bonds are due $500 on July
1, 1947 to 1956.
p.
bonds
M and an,
and unmatured coupons should be
at the Chemical Bank & Trust
Co.,
N. D. 7/ ; 7;7''7':-Passed—0n
Bon d 7 Resolutions
after date called
Nov.
12,
the
Commission
City
lows:
passed resolutions calling for the
issuance of 2% and 2JA% refund¬
in
ing
tion
New York City, for payment;
$2,000 in 1948 to 1958, $3,000
Kinston, N. C.
1959, and $5,000 in 1960 to 1964.
Bond Sale—The following bonds
Not registerable; general obliga¬
amounting to $90,000 and offered
Springs,
,.
*
* ,•
tions; delivery on or about Dec. for sale on Nov. 27—v. 162, p. 2566
iv The case was first argued be¬
20, 1945, at place of purchaser's —were awarded to Scott, Horner
fore* the Supreme Court in De¬ choice.
The bonds are payable
& Mason of Lynchburg, as Is, at a
cember, .1944, but was set down from an unlimited tax to be levied
price of 100.031, a net interest cost
for reargument without any de¬
upon all taxable property in Gasof 0.994%:
L /
cision being reached.
It will be tonia Township. Bidders are re¬
argued for the State of New York quested to name the interest rate $43,000 water and light bonds. Due
;
Dec, 1, from 1946 to 1955,;
by
Solicitor-General
Orrin
G. or rates in multiples of % of 1 %.
17,000 sanitary sewer bonds. Due
Judd on Dec. 3, 1945. In directing
Each bid may-name one rate for
Dec. 1, from 1946 to 1955.
reargument, the Supreme; Court part of the
bpnds (having the
30,000 street improvement bonds.
invited
counsel
to
discuss two earliest
maturities), and another
Due Dec. 1; from 1946 to 1955;
questions, first, whether Congress rate for the balance, but no bid
Dated-Dec". 1, 1945. Denomina¬
may properly tax State property
may name more than two rates;
tion $1,000. The next highest bid¬
or activities as long as it does not
and each bidder must specify in
discriminate
against the States, his bid "the amount of bonds of der was the Branch Banking &
Trust Co., Wilson, for $18,000 2s,
and
second, to what extent a each rate.
The
bonds
will
be
and $72,000 Is/ at a price of
<a State may be taxed on new ac¬
.100.08,
awarded to the bidder offering to
a net interest cost ttf
tivities: which would be taxable
X.03%,
7
purcfiase the bonds at the lowest
if conducted by private persons.
Pamlico County (P.O. Bayboro),
interest cost to the Township;
Other
States
throughout
the such cost to be
North Carolina
determined by de¬
country have expressed keen in¬
Bonds
Called—T, Z. Spencer,
ducting the total amount of the
toga Springs Authority,
Dated Pec. 1,
000.
'»
/
Stranahan, Harris & Co., Indr
presented
1
'
$203,000, 2V4S, and
$104,000, 2Vzs;v^^i._riao.6d 7
as
2s; and $27,000 maturing * $3,000
April 1, 1962 to 1970, as 1%S.
/ 7
•" /
,
$28,500
in 19,47
1961,
.
First Securities
of
;
.
'
,
Yance Securities Corp:/\
Arnold, of Raleigh, at a
100.15,
a
net interest
1.822%, as follows: For
maturing April 1, $1,500
to 1957, $3,000 in 1958 to
:
i :
.
'Bidder
&
-
sale, through the Sara¬
Dated Dec. 1, 1945.
2566—were awarded to Kirchofer
tonia), N. C.
Offering —* W. E. Easterling, Secretary of the Local Gov¬
ernment Commission, will receive
sealed bids until 11 a.m. (EST) on
against
the
United t States» of Dec. 4, at his office in Raleigh,
America.
for the purchase of $50,000 airport
The; case arises' but -of ^ an at¬
coupon
tax oh the
as follows:
For $134,000
maturing June 1, $32,000 in 1947,
$33,000 in 1948, $34,000 in 1949,
$35,000 in 1950, as 6s, $267,000 ma¬
nuring June 1, $36,000 in 1951,
$37,000 in 1952, $38,000 in 1953,
$39,000 in 1954 to 1957, as 2V2s,
and
$221,000 maturing June 1,
$39,000 in 1958 to 1961, $40,000 in
1962, and $25,000 in 1963, as 2s.
Weil, Roth & Irving Co.,
Corp.,.
Durham, and
<
and sanitary sewer bonds offered
for sale on Nov. 27—v.
162, p.
in
tempt by the United States to re¬
quire payment by the State of
New Yorki of a^ Federal excise
^
2.46 %,
lows:
Washington with
the
United States Supreme Court in
the caseof the State of New York
filed
mineral waters from the Saratoga
,
bonds, amounting
^
$186,-
to
027.75.
OHIO
Amsterdam, Ohio
Bonds
000
issue of $5,-
Voted—An
fire
apparatus bonds carried
the general election.
.. m"
at
.
-
Anna, Ohio'
,
*
Bonds Voted—An issue of
000
$12,-
water
system bonds was fa¬
vorably voted at the general elec¬
tion.
:
,
k
Aurora Local Sch. Dist., Ohio
,,
Bond
Sale
Details—The
$90,-
.
000
improvement bonds awarded
on Nov. 12 to Fox, Reusch & Co.,
of Cincinnati—v. 162, p. 2567—
were sold as
l^s, at. a price of
101.28i
a
basis
of
1.375%.
about
.
"The Supreme
terest in the case.
questions
imply,"
said
Attorney-General Goldstein, "that
Court's
it
might sustain non-dscriminatory
Federal taxes levied directly upon
State
or
municipal enterprises,
such as transit lines, electric util¬
The State's brief declares that it
an
buildirig
school
elementary
.
and
ities, toll bridges, housing devel-.
of fi-- opments and central markets."
Law, for the purpose
\nancing
>
States
the
that
Education Law and the Local Fi¬
.<
-
trine
Will also file
These
$1,000.
South "' 'Shore-Trusty <?o;,7 .77'.
->*:> ./
V- Rockville Centre
-0.90%.1 OO.0O
H. L. Allen & Co-i-UJ—
0.1% 77 100.1®
Y.
is expected that the National In¬
stitute of Municipal Law Officers
Nov.
on
Co., for 0.90s, at a price of 100.07.
Other, bids were as ^ follows<■,. ;
•
100.247
Sale-—The \ $14,000
due
are
7 The*r Attorneys-General repre¬
senting 35 States are joining in a
brief as amicus curiae, to be filed
with the U. S. Supreme Court.
It
1,
Rate Price Bid
Tilney ir Co.>_.7___
J.; 0.90% ,100,04
.Batik of Rockville' Centre 7 >
!
Trust
-0.90 %77 lOOZOl
Price Bid
Marine Trust Co., Buffalo
iya%
: Geo. G. Gibbons & Co., Inc:
V/t%
-Sherwood & C"1
Nov,
1, from
1946 to 1950.
The. next highest
bidder was Francis I. duPont &
,
> ^Bidder
Dated
Denomination
bonds
1, from 1946 to 1952. The
next highest bidder was Newburger, Loeb & Co., for 1.40s, at a
price of 100.28. Other bids were
0.86 %.
about
1945.
on
Dec.
,
-
J{7'7'.&7.
7;
Sale—The $47,000 semi¬
annual land acquisition bonds of¬
fered for sale on Nov. 27—v. 162,
p. "2566—were awarded to Halsey,
Stuart & Co., of New York, as
0.90s, at a price of 100.107, a basis
f
These
'V'
.
Bond
;
Commercial
Bank,
of
Albany, as 1.20s, at a price of 100.126, a basis of about : 1.175%.
Dated Dec. 1, 1945. Denomination
'
77' V
Rockville Centre, N. Y.
2444-rWas awarded to the
p.
National
-
i
■■■
a Federal tax upon a public ser¬
vice rendered by a State of politi¬
cal subdivision.
r
r: 7 i,7
3%%.. Battery-
; Tunnel
Brooklyn
Ij;.;
t
$57,000,000
i t,;
:
is
established
the
constitutional
principle that a tax which is im¬
posed directly upon a State is un¬
constitutional severi |thoughi it lis
at the
same
rate
as
taxes against
private persons, and that every
activity of a State or municipal
corporation which 7 involves the
supplying of 7 a7 public 7 service is
entitled to this tax immunity. At¬
Goldstein 7
torney-General
con¬
tends that State activities are just
as
much entitled to
Federal
"if
the
immunity
as
activities, and said that
Court wei;$ to
Supreme
hold that
State activities
subject to
any
tax
which
may^pp
non-discrimin^tq^y;
the
Federal
Govern¬
ment undertakes to
levy, the result
would be to put the States at a
serious disadvantage in mefetmg
premium bid from the aggregate
amount of interest. upon all of
the
bonds
until
maturities.
par
and
No
their
bid
accrued
of
respective
less
interest,
than
-
or
for
less than all of the bonds will be
entertained.
Principal and inter¬
in New York City.
forms furnished by
the above Secretary. The approv¬
ing opinion of Masslich & Mitch¬
ell, of New York City, will be
furnished the purchaser.
In the
event that prior to the delivery
est
payable
Bids to be
on
of the bonds the income received
4
of the
the
Board
of
County
Commissioners, has
announced tne
call for payment on Jan.
1, 1946,
of $40,000 3% road and
bridge re¬
funding bonds Nos. 2 to 4, 7 to 16.
19 to 21, 23 to 30, 32 to 35 and
38 to 49. Dated Jan. 1, 1938.
De¬
nomination $1,000.
Due Jan. L
present
same
for
payment
appurtenant interest
cupons
with
ma¬
turing
July 1, 1946, and subse¬
at the Chase Na¬
Bank, New York City. In¬
terest ceases on date called.
v
quent thereto,
Warsaw, N. C.
Bond
Sale—The
following 7re-i
funding bonds amounting to $110,000 and offered for sale Nov. 27—
check
for
$1,000, payable to
7
?
State Treasurer.
>'/'<
•
■
-
-
the
;
Hendersonville, N» C,
highest
162,
2566—were awarded to
the First Securities Corp., of Dur¬
ham; Vance Securities Corp., of
Greensboro, and Fox, Reusch &
Co., of Cincinnati, jointly, at a
price of par, a' net interest - cost
of 2.6405%, as follows: - ?
v.
p.
$49,000 general bonds.
For $5^
maturing $1,000 June 1,
1947 to 1951, as 4s, $27,000
maturing June 1, $1,000 in
% 1952
to; 1963, $3,000 in 1964
to 1968, as 2^s, and $17,000
Zi rj, maturing
June 1, $3,000 * in
; .1969
to 1971, and $4,000 in
/ 1972 and 1973, as 2%s.
77 %^ ;
61,000 water, light and sewer
bonds.
For $10,000 maturing
$2,000 June 1, 1947 to 1951,
f*C, 7000
P- Bond
annual
-
<■
;
,
bidder
Baughmah Local Sch. Dist., Ohio
Bonds Voted—An issue of $40,of building
and equipment
bonds was favorably voted at the;
000
election held
Nov. 6.
on
Beaver Local Sch. Dist., Ohio,
7:7 Bonds
Defeated-r-An
issue
of
$323,000 building and equipment
bonds was rejected at the general
election Nov. 6.
tional
Federal income tax
law, the suc¬
cessful bidder may, at his' elec¬
tion, be relieved of his obligations
under the
contract to purchase
the bonds and in such cage the
deposit accompanying his bid will
be returned.
Enclose a/certified
was Braun,
Inc., for iv2s, at
price of 100.798.
a
Holders of said bonds shall
type and character shall
be taxable by the terms of any
same
next
Bosworth & Co.,
■
1958.
by private holders from bonds of
Sale—The coupon semi¬
general refunding bonds
the needs of their citizens."
amounting to $622,000, offered for
The development of Saratoga sale on Nov. 27—v. 162, p. 2566—
were awarded to a syndicate com¬
Springs under State ownership
was undertaken in order to pro¬
posed of Fox, Reusch & Co., of
mote the public health. The waters Cincinnati, Tripp & Co., of New
are of value in the treatment of
York, Kalman & Co., of St. Paul,
cardiac and circulatory ailments. Browning
& Co., of Cincinnati,
They are bottled by an elaborate Baum, Berheimer Co., of Kansas
process, developed by, State em¬ City, Widmann & Co., of Cin¬
ployees
which is ; intended to cinnati, Interstate Securities Corp.,
preserve the mineral and carbon of Charlotte, Arthur Tresch &, Co.,
of Chicago, and Edw. G. Taylor
dioxide content of the: water.
The
Attorney-General
asserts & Co.. of Cincinnati, at a price of
that ho previous case has sustained par, a net interest cost of about
.
Clerk
Dated May 15, 1945. These bonds
are due from 1947 to
1966, The
Beioit, Ohio
^onds Voted—An issue of
$15,-
000
water system bonds carried
at the general election Nov. 6.
*
Blue Ash Local Sch. Dist.,
Bond Offering—Bliss W.
win, District
sealed
for
bids
until
Ohio
Bald¬
will receive
Clerk,
on
noon
Dec. 8,
the
purchase of $42,000 im¬
provement bonds, to bear not ex¬
ceeding 4% interest. Dated Dec.
t, 1945. Denominations $1,000 and
$500. These bonds are due on Det.
1, as follows: $1,500 in 1947 to
1950, and $2,000 in 1951 to 1968.
Rate
of
interest
multiples of
to
be
eral
election
will
furnish
stated
in
of 1%. These are
the bonds authorized
6.
Purchaser
own
approving
Nov.
his
at the gen¬
opinion. No bid shall be for less
than par and accrued interest. A
certified check for
1%
of the
bonds bid for, payable to the Dis¬
trict Treasurer, is required.
as 4s, $41,000 maturing June 1, kBraceville Township Rural Sch. %
$2,000 .in 1952 to 1956, $3,000 iiDist. (P. O.^Phalanx Station),7
in 1957 to 1963, $2,000 in 1964
7V
•' Ohio
'7■
•
to 1968, as
2V2s, and $10,000
Bond Offering—G. T. Shafer,
^7 maturing $2,000 June 1, 1969 District Clerk, will receive sealedt
to 1973, as 23As.
Interest J-D. bids until noon on Dec. 13, for the
o
purchase of $110,000 construction
coupon bonds. Dated Jan. 1, 1946.
Denomination $2,500. These bonds
are due $2,500 on April and Oct.
1, in 1947 to 1968. Authorized at
the general election Nov. 6. Prin¬
cipal and interest payable at the
Second National Bank, Warren;
A certified check for $1,100, must
accompany bid.
V
Champaign County (P. O. Ur
on
equipment bonds
(P. O.
Palestine), Ohio
East
Bonds Voted—An issue
(P. O. Dayton), Ohio
Bond Sale—The
Ohio
Cleveland,
East
-,
Trust
Co.
*
on
Bond
issue
an
of
-
-
Greenshurg \Sch.
at
the
held
election
on
Nov. 6.'
Jerusalem
■'•M-
Township (P. O. Mar¬
tin), Ohio
Bonds Voted—The $20,000 fire
station and equipment bonds were
voted at the election held Nov. 6.
Knox Local Sch. Dist. {P. O.
North
Georgetown), Ohio
Bonds Voted—An issue of
$190,180 building, equipment and site
bonds was approved at the elec¬
tion held
Nov. 6.
on
Bonds Voted—An issue of $15,000 fire truck bonds
was
on
approved
Nov. 6.
Madison County (P. O. London),
Ohio ■i-'XM-;.
.
Bonds Defeated
—
An issue of
$425,000 memorial building bonds
was defeated at the general elec¬
tion.
Mount
—
An issue of
$100,000 library bonds was rejected at the election held Nov. 6.
New
Burlington Local Sch. Dist.
(P. O. Cincinnati), Ohio
Bonds
Voted
—
An
issue
North
Bonds
.
Lewisburg, Ohio
Voted—An issue of $1,-
055 fire
apparatus bonds carried
at the general election.
Palestine Local Sch. Dist., Ohio
Bonds Voted—An issue of $5,-
,
in
bonds.
ities
25
:
,
Limited Access Facil¬
Due $166,000 in
1965, and $178,000 in
3,000,000
Dec. 18,
1956.
in
000
-
(P. O. Slick), Okla.
terested
that
parties
are
being advised
hearing is scheduled for 10
a
and
trict Court for the Northern Dis¬
trict of Oklahoma, at Tulsa, ask¬
ing for the approval of a plan of
composition for the indebtedness
of the above district, agreed upon
the Board of
Education for the District, and J.
R. Jones, Tulsa, Okla., the cred¬
itors'
committee,
and
several
are
Voted—The
thereof
from
sums
of money upon any
any
indebt¬
and that all
pending suits against
the District pertaining to its in¬
debtedness, shall be stayed pend¬
ing the determination of this
proceeding.
Edmond, Okla.
Election —An
Bond
bonds.
will
voters
at
on
be
an
Dec. 4.
of
submitted
election
to
to be
the
held
These bonds will ma¬
ture in 25 years.
Offering
—
O. S. Tyler,
Holland), Ohio
Bonds Voted—An issue of
.yf,
Oklahoma City, Okla.
Bonds Voted—The
following
Elgin, Ore.
Bond
Election
—
An
of
issue
$55,000 water main bonds will be
submitted
to
the
election to be held
voters
on
at
an
Dec.. 12,
y
Bond
Sale
Details'—The
$7,900
obligation lateral sewer
districts bonds awarded recently
general
to
Daugherty, Cole & Co., of
Portland, as 21/£s—•v. 162, p. 2446
—were sold at a price of 100.01, a
basis of about 2.495%.
1
1945.
for
Dated Nov.
Denomination
$400.
$500, one
bonds are due
These
^
from 1946 to 1951.
,
PENNSYLVANIA
bonds
which
character
of
class
a
includes
or
these
bonds, will, at the election of the
purchaser, relieve the purchaser
from
his obligations under the
terms of the contract of sale and
entitle the purchaser to the return
of the amount
bid.
deposited with the
These bonds
issued sub¬
are
ject to the favorable opinion of
Townsend, Elliott & Munson, of
Philadelphia, and will be deliv¬
ered to the purchaser only if and
after the proceedings authorizing
issuance
thereof
by the
approved
Internal Affairs.
fied
check
been
Department
Enclose
2%
for
have
of
a
the
of
of the
certi¬
face
bonds, payable to
ing
Masontown, Pa.
-
Bond Offering—N. P. Provence,
President of Council, will receive
sealed
4 for
bids until 1 „p.m. on Dec.
the purchase bf $15,000 3%
paving
Dated
Sept.
1,
1945.
Denomination $1,000; Due
Sept. 1, as follows: $2,000 in 1947
to 1953, and $1,000 in 1954. Prin¬
cipal and interest payable at the
bonds.
National
Bank, MasonThe bonds will be sold and
delivered to the purchaser only if
and after the proceedings author¬
izing the issue have been approved
by the Department of Internal Af¬
000 school
bonds was
ratified at
the Nov. 6 election.
,
Bond OfferingPearl
of interest
to be
in
Shoe¬
issue
above rates of interest but
check
of
no
any
the
taxes,
present or fu*
Commonwealth.
than
the
,
par and accrued interest to
highest responsible >' bidder,
and will be delivered to the pur- 'vchaser subject to the approval of
f)
proceedings
authorizing
the
issue by the Department of Inter¬
nal
Affairs
and
the
favorable
opinion of Saul, Ewing;. Remick
& Saul, of Philadelphia. Enclose
certified check for $6,300, pay- ,4*
able to the District Treasurer. : ^
a
Sch.
Scranton
Dist., Pa.
Bond Offering—Jacob
'>
Eckersley |
Secretary of the Board of Direc¬
tors, will receive sealed bids until
8 p.m. on Dec. 17 for the purchase
of $239,000 1, m
lYz, 1%, 2, 2Yi
2 l/z%
or
>
:
refunding bond's*
coupon
Denomination
$1,000. " Due Dec. 1, as follows:
$24,000 in 1946 to 1954, and $23,000
in 1955.
the
i;
;
Bids will" be received for
entire
issue,"at
any
of
the
above rates of interest, but no bid
.
combining two different rates of
interest will be accepted. Regis¬
tered as to principal only.
Tlie
bonds and interest thereon will
be
payable without deduction for C
tax or taxes, except succes¬
or inheritance taxes, now or :
any
sion
hereafter levied
on
under
law
any
of the
which
assessed there¬
or
present
or
y
future
Commonwealth, all of
taxes
the District assumes
and agrees to pay. The bonds will
be sold to the highest responsible
bidder, provided such bid is not
than par and accrued inter¬
The highest responsible bid¬
der shall be the one who, having
complied with the conditions of
sale,
offers to take the whole
less
est.
amount of the issue at the
lowest
interest cost to the District,
shall be determined by
whiph
deducting
from the total amount of interest
;
be
paid on account of such
bonds during the life thereof, the
amount
of premium offered,
if
any,
over
and above the fate
amount of the issue. These oblir
gations will be payable from ad
valorem taxes within the
taxing
to
limitations imposed by law
enactment,
at
any
4
upon
school districts of this class.
The
time prior to
the delivery of the bonds of Fed¬
eral legislation which in terms, by
the repeal or omission of exemp¬
tion or otherwise, subjects to a
Federal income tax the interest on
bonds
of
a
class
or* character
,
which includes these bonds, will,
at the election of the purchaser,
relieve
the purchaser from Kjs
obligations under the terms of the
contract of sale and entitle the
purchaser to the
deposited
amount
These bonds
the
are
;
return of the
with the bid.
-
issued subject to
favorable
opinion of Townsend, Elliott & Munson of Phila¬
delphia, and will be delivered to
the purchaser only if and after
the
proceedings authorizing the
issuance
thereof
have
been
ap¬
proved by the Department of Inr
Montour County (P. O. Danville),
ternal Affairs.
Pennsylvania
I Bond Sale—An issue of $82,000
check for 2% of the face amount
general
trict
.
obligation
bonds
was
recently to Singer, Deane
&
Scribner, of Pittsburgh,
as
l%s, at a price of 101.519, a basis
of about 0.979%.
These bonds are
of the
Enclose
a
certified
bonds, payable to the Dis¬
'
'
Treasurer.
-
awarded
described
as
follows:
bonds.
The next highest bidder was E.
H, Rollins & Sons, for Is, at a
price of 100.057.
Nether Providence
Dist.
Township Sch.
(P.O. Wallingford), Pa.
Bond
Slippery Rock, Pa.
4
Bonds Voted—An issue of $32,water system bonds was fa¬
600
vorably voted at the Nov. 6 elec-
Sugar Notch Sch. Dist. (P. Q. ■
Wilkes-Barre), Pa.
,r ■
Bonds Exchanged—It has. been
announced that the $45,000 3%
semi-annual, refunding bonds: approved at the election, held on.
Aug. 14—v. 162, p. 1039—were ex*
changed with the holders ©f the
original issue. Dated Feb. 1, 1945.
-
:
the
bonds
combining two different rates of
will
be
accepted/ The
>
Dated Dec. 1, 1945.
bid
multiples of
at ,any
certified
a
of
Offering—Margaret M.
Ford, Secretary of the Board of These bonds are due as follows:
Directors, will receive sealed bids $4^00 in 1946 to 1950, and -$5,000
until 8 pm. on Dec. II, for the in 1951
to 1955,
purchase^ of $315,000 school cou¬
An issue of $9,000 3% judg¬
pon bonds, to bear not exceeding ment
f unding.,. bonds, * also / ap¬
1%% .interest."Bated Dec. 1,1945.
proved, at the above election, was
Denomination $1J)00. Due Dec. 1,
purchased by Hemphill, Noyes &
as follows: $12,000 in 1946 to 1955,
Co., of Philadelphia, Dated Feb.
and- $13;000 in 1956 to 1970. Rate
1, 1945. These bonds are due $!,*
of interest to be in a multiple
000 on Aug. 1, 1946 to 1954.
■
;: of Ys of 1%, and must be the
same
for all of the bonds. The ■.'V '' */' r Throop, Pa.'
Ys of 1 %. Bids will be received for
entire
Enclose
for 2% of the bonds offered, pay¬
able to the Borough.
•'
interest
on
$51,000 funding bonds.
31,000 institution district funding
Township Sch. Dist. (P. O.
Butler), Pa.
Bonds Voted—An issue; of $52,-
Nov. 6.
Nov. 27:
interest
Adams
the
on
The
enactment, at any time
prior to the delivery of the bonds
of Federal; legislation; which in
terms, by the repeal or omission
of exemptions or otherwise, sub¬
jects ^to a Federal income tax the
fairs.
Ontario, Ore.
$190,000 building and equipment bonds bonds
amounting to $15,363,000
carried
at the
general election were favorably voted at the elec¬
tion held
-'
town,
maker, District Secretary, will re¬
City Clerk, will receive sealed bids
ceive sealed bids until 8 p.m. on
000 equipment bonds was ratified until 7.30
p.m. on Dec. 6, for the
Dec. 10, for the purchase of $118,at the general election.
purchase of $90,000 hospital
000 1, 1V4, i%,..■!94■ or 2% school
bonds. Due $6,000 in 1948 to 1962.;
Rush Township (P. O. North
coupon bonds. Dated Dec. 1,1945,
Award will be made to the bidder
Lewisburg), Ohio
Denomination $1,000. Due Dec. 1,
Bonds Voted—An issue of $5,- offering the lowest rate of interest
as follows:,$6,000 in 1946 to 1953,
075 fire apparatus bonds carried and agreeing to pay par and ac-:
and $7,000 in 1954 to 1963. Regiscrued interest Enclose a certified
at the election held on Nov. 6.
terable as to principal only. Ratecheck for 2% of bid.
Springf ield Local Sch. Dist. (P. O.
-
Second
OREGON
Bedford School District, Pa.
Gutfmon, Okla.
Bond
,
24,500 park improvement bonds.
v
issue
L
bonds offered for sale on
April 9 were awarded to Moore,
Leonard & Lynch of Pittsburgh.
17,000 library extension and im:
provement bonds.
II,000 street equipment bonds. ;
39,000 storm sewer bonds.
22,000 fire station and equipment
.
water system repair
$170,000 2%
bonds
,
-
,
Blakeley, Pa.
provement bonds.
give
paying
obligations will be
payable from ad valorem taxes
within the taxing limitations im¬
posed by law upon school districts
Bond Sale—The $13,500 refund*
$90,000 sewer disposal plant bonds.
214,500 water extension and im¬
number,
urer
These
following
Nov. 27:
on
claim shall set forth the name and
The Court, in its order, enjoined
the School District and the treas¬
above .the face amount of the is¬
$418,000 were
at the election
voted
favorably
held
Tulsa, on or before Jan. 21,
1946, at 10 o'clock a.m., and each
bonds.
Nov. 20.
on
bonds amounting to
at
denomination, date,
maturity date, interest rate, prin¬
cipal and accrued interest com¬
puted to Dec. 31, 1945, of the
District, which shall be deter¬
mined by deducting from the total
amount of interest to be paid on
account of such bonds during the
life thereof, the amount of pre¬
mium "Offered, if any, over, and
.Woodw'ard,--O.kla.
Bonds
to file their sworn
and
the
the District Treasurer.
claims with the clerk of the court
of the creditor
at the lowest interest cost to
the election held
creditors of the district.
Creditors
sue
inheritance
or
under
law
The bonds will be sold at not less
take the whole amount of the is¬
amount
between
and
responsible bidder shall be the
who, having complied with
the conditions of sale, offers to
bridge bonds amounting to
$1,750,000 was favorably voted at
Feb. 8, 1946, on the peti¬
tion filed in the United States Dis¬
by
est
one
the
Tulsa County (P. O. Tulsa), Okla.
Bonds Voted—An issue of road
on
of
$48,600 site, building and equip¬
was favorably voted
ment bonds
at the general election.
on
mature
edness, and .further ordered that
no
action shall
be
commenced
Vernon, Ohio
Bonds Defeated
and Equipment bonds.
Due
$6,000 in 1949 to 1955, and $8,-
bonds
Sought—All creditors and in¬
the
at the election held
hall
1949 to
address
Lodi, Ohio
*
400,000 Sewer Extension bonds.
Due $22,000 in 1949 to 1965,
and $26,000 in 1966.
V
50,000 Street Dept., Warehouse
'
Debt Composition Flan Approv¬
al
a.m.
:
Bonds Voted—An issue of $125,C00 construction bonds was ap¬
proved
1961.
in
1960, and $24,000
Creek County Indep. Sch. Dist. No.
of
sewer
Ohio
Dist.,
will
to
1966.
bonds failed to carry at the gen¬
eral election Nov. 6.
if i
bonds
years.
.
.
issue
and
main
1949
.
An issue of
•—
construction
75
Defeated—An
water
Election
election to be held
These
Celleville, Ohio
Bonds
\
Alvah, Okla.
defeated at the election held
$10,000
,
will be submitted to the voters at
Defeated—An
Nov. 6.
;
OKLAHOMA
$27,000 municipal building bonds
was
Voted—An issue of
$100,000
The high¬
interest.
of this class.
43,000 Traffic Signal bonds. Due
$14,000 in 1949 and 1950, and
; $15,000 in 1951. V.
v»
20,000 Colored Detention Homes
bonds. Due $6,000 in 1949 and
1950, and $8,000 in 1951.
300,000 Public Park Improve¬
ment bonds.
Due $23,000 in
Zanesville),
$2,122 fire apparatus bonds carried
at the genera^.electipn.
a
responsible bidder, pro¬
vided such bid is not less than par
sue.
187,000 Fire Station and Equip¬
ment bonds.
Due $23,000 in
1949 to 1955, and $26,000 in
tion.
Bonds
■
1956.
$52,000 building and equipment bonds
was approved at the general elec¬
Flushing, Ohio
(■■■■
Bonds
1966.
Bonds Voted—An issue of
>
.
Dec.
$3,000,000 Water Works Improve¬
ment bonds. Due $166,000 in
1949 to 1965, and $178,000 in
-
Enclose
on
a.m.
000:
Wayne Local Sch. Dist. (P. O.
Champaign County), Ohio
r,<
supervision of
Squire, Sanders & Dempsey of
Cleveland, whose opinion will be
furnished the purchaser at the
expense of the City. Delivery on
or about Jan. 1, 1946, through the
Cleveland
sealed bids until 10
.
the
certified check for $2,500
Smith, City Auditor, will receive
11, for the purchase of the follow¬
ing bonds amounting to $7,000,-
Zane Township (P. O.
A"'Ohio
the
to
highest
and accrued
levied
-
Stranahan, Harris & Co., Inc.,
Toledo, as l^s, at a price of
101.426, a basis of about 1.351%.
Dated Nov. 15, 1945. Denomina¬
tions $1,000 and $500. These bonds
are due on Dec. 1, from 1947 to
1964. The next-highest bidder was
Fox, Reusch & Co., for IV2S, at
a price of 101.413.
'
issuance of these bonds have been
under
•
-
of
building
improvement
coupon
bonds,
hot
exceeding
1^4 % interest. Dated Jan. 1, 1946.
Denomination $1,000. Due $25,000
Oct. 1, 1947 to 1956. Rate of in¬
terest to be in multiples of Yt of
1%. These are the bonds author¬
ized at the general election on
Nov. 6, 1945; are general obliga¬
tions of the City, and are outside
of all tax'limitations.
Principal
and interest payable at the Cleve¬
land Trust Co., Cleveland. No bid
for less than par and accrued in¬
terest.
The proceedings for the
taken
'
><
to
general
!
bonds.
500,000 memorial library bonds.
675,000 east side viaduct and repairs bonds.
v';,
$37,500 refund¬
23—v.
of $250,000
the purchase
for
The
as¬
succession
ture
the
and agrees to pay.
bonds will be sold
sumes
4 *■■■'^ 4 T&*d£jbhiei^&
Bond
Offering — S.
Maxwell
ing bonds offered for sale on Nov.
162, p. 2318—were awarded
T. Apthorp,
Director of Finance, will receive
sealed bids until noon on Dec.
17
•
all of which taxes the District
*
,
inheritance taxes, now
levied or assessed
or
hereafter
thereon under any present or fu¬
ture law of the Commonwealth,
46,000 traffic control signals
of $206,-
Township Sch. Dist.
Buren
Van
eral election.
Bond Offering—G.
bonds.
-
and equipment bonds
favorably voted at the gen¬
election Nov. 6.
eral
fairground grandstand bonds
favorably voted at the gen¬
cession
or
I,450,000 storm sewers bonds.
600,000 parks and playground
|
Nov. 6.
United Local Sch» Dist.
thereon
interest
-
wil be payable without deduction
for any tax or taxes, except suc¬
bonds.
ment
favored at.the election held
was
was
Bonds Toted—An issue of $100,000
000 building and
the
and
bonds
and
sewers
disposal plant bonds.*
1,842,000 water mains and stor\
age tank bonds.
y
1,250,000 fire stations and equip¬
sewage
995 building
bona), Ohio
was
$9,000,000 sanitary
Springfield Township, West Col¬
lege Hill Fire Dist. (P. O.
Glendale),Ohio
■
Bonds Voted—An issue of $8,-
Monday, December 3, 1945
CHRONICLE
THE COMMERCIAL & FINANCIAL
2694
,
will
tion
and
the
interest
thereon
be payable without deduc¬
for any taxes, except gift,
following
bonds amounting to, $259,600 and
offered for sale recently* were
Bond
Sale
—
The
v
-
Volume
awarded
of
4
.
Y'/hY
1814
Dawson
1815
Dayton,
2068
gotten under way. Actually, the exact opposite is the case, despite
that fact that in October, as in several earlier months, several large
issues, were negotiated to provide, for municipal plant improvements
'.'".'YPYy Y
>>'
•■
Danville,
111., award of $28,475,000. > As this operation was for refunding pur¬
poses, it served to .bring the refunding portion of the month's total
awards to $38,336,600, leaving the amount of strictly new capital bor¬
rowings at $28,886,195. This figure, of course, hardly suggests that
the widely anticipated flood of postwar municipal financing has
judgment funding
bonds. y- y.';'Yy
of actly^
the new issue side is found in the slow progress made thus far
of industry to peacetime pursuits. With labor*
2195
y
,
"
Sale—The $42,000 coupon
.Bond
offered for sale
on Nov. 23—v. 162, p. 2199—were
awarded to Jenks, Kirkland & Co.,
of Philadelphia, as lYss, at a price
of 100.079 ,a basis of about 1.12%.
Dated Dec. 1, 1945. Denomination
$1,000. These bonds are due $8,000
on Dec. 1, in 1950, 1955 and 1960,
1965, and $10,000 in 1970. Other
bonds
borough
bids
Y
were
follows:
as
-
Schmidt, Poole &
vC0.
*
■
Scribner
■■jvV'i;
;i
v,
Brandt
Bond Election—An issue of
$5,-
refunding bonds, to bear not
1D0
exceeding
to
election
the
be
to
These bonds
will
an
voters
held
are
be
at
Dec.
interest,
4%
submitted
on
due
on
18.
Jan. 1, as
$100 in 1948 to 1955, $1,000 in 1956 to 1959, and $300 in
follows:
1$60.
Deuel County
(Pi O, Clear Lake),
S. Dak.
.
construction costs,
The Province Of Alberta
of
/Milbank Indep. Sch* Dist., S. D.
Bond Sale—The $200,000 buildi'ng bonds offered for salb on Nov.
27—v. 162, p. 2446—were awarded
to the Dakota State
the price
of issues
dominated the new issue Canadian mu¬
Bank of Mil-
•
''
-
w
•
,
,
f\ V
J|-,
•Temp.'loans
highest'bidc'c. was
First* National Banjj I.lirx2~
Temp,
Placed
apolis.
1
on
voted
Nov. 20:
at the election
$100,000 swim-
ming pool, and $15,000 sewer ex¬
tension bonds.
'
&
*?i
in
!-•-
•
_
of¬
162,
2446—were awarded to a syndi¬
composed
cate
of
the
Equitable
{Securities Corp., J. C. Bradford &
Co., of Nashville, Stranahan, Har¬
ris
& Co., Inc., of Toledo, and
iJohn. Nuveeh_ & Co., Jof Chicago,
at a price of 100.01, a net inter¬
est cost of about 1.43%, as follows:
For
$210,000
maturing Dec.. 1,
$15,000 in 1946 to 1951, $20,000 in
1952 to 1957, as l%s, and $40,000
maturing $20,000 Dec. 1, 1958 and
1959, >as 1V4S. These bonds are
dated July 1, 1945.;
4 •*
f \ Additional Sale—An issue ; of
$175,000 municipal utilities rev¬
enue bonds bffefed on Nov. 23^
162, p. 2446—was also awarded
price
100.08, a net interest. cost of
about 1.45%, as follows: For $35,000 maturing Dec. '1, $6,000
in
1946, $7,000 in 1947 to 1949, $8,000
in 1950, as 3s, $85,000 maturing
^Dec. 1, $8,000 in 1951, $9,000 in
1952 to 1954, $10,000 in 1955 to
1959, as l^s, and $55,000 maturing
$11,000 Dec. 1, 1960 to 1964, as
1 Vis. These bonds are dated June
v.
.to the above, syndicate, at a
of
1, 1945. y :
.
;-;YY,
Y'Xy?
y
Tenn. YYY—Y'l
Sale—An issue of $220,Hartiman,
«
'
Bond
.
.000
water
system
revenue
bonds
For
$179,000 maturing
1, $9,000 in 1947 to 1949,
*$10,000 in 1950 to 1952, $11,000 in
1953 to 1955, $12,000 in 1956, to
Nov.
.
(Continued
on
page
2696)
of 1945,
issued by New York City: None in October
following table, showing
i
533,668,942
380,990,787
..
<
105,167,119
71,816,034
2199
1683
1935—
1934
—
2070
Ashland,
Biloxi,
.
v
Pa.
Sch.
Dist.
Bridgeton,
1939
Bridgeton,
No.
2,
300,000
1946-1975
1946-1958
1946-1959
.25,000
Texas
Burnet,
1946-1965
1.23
1965
d20,000
1948-1962
r31,500
-
dl,200,000
1946-1950
1946-1966
1938
1939
1815
1813
Lower Neches
Macomb
1815
HI—!
Township,
Ohio
55,000
;
,"Y
100.00
1.91
Y—45,000
100.05
1.49
71,000
100.05
20,000
1.49
100
Y
2.75
r510,000
100
"
3.00
—21/4-2'1/a ^
28,000
10,000
68, Ariz—
———
Marshalltciwn Indep. School
County
55,000
460,000
8,000
500,000
2,000,000
300,000
2.04
22,000
100:21
2.63
42,000
—IV2
1946-1955
lYa^
1946-1958
Chicago, 111.
I1/* N 1956
Chicago Park Dist., Ul._
:_1V2
1965
Christian County, Ky.^_—
a.
1
1946-1966
Cincinnati, Ohio ———
1
-1946-1965
Cincinnati, Ohio
—
1
1946-1970
Cincinnati, Ohio
^
—„l',V
1946-1965
:• Coin, Iowa i_——
—2
1947-1956
Columbia, Minn.
—2
—• •
Columbiana, Ohio' ———i—-5
- ; 5 years
:Cottonwood County Indep. Bch.
.V, : : : - •
'
Dist. No. 57, Minn.—,1946-1958
City, la.:
'
^
,
100
'
No.
4-2
45,000
800,000
1.05
1.22
100,000
Township,
_13A
i'
__.-
2068
Mattoon,
Miami
1815
Millcreek
Miller, S. Dak.__^._^
2
Mississippi (State of)
iy2-2.10
Monterey
County,
Prunedale*"
Union Sch. Dist., Calif.'—
13A
Ind
—214-3
School Dis-
Fla
Township
2.28
100
1.15
48,000
101.61
1.55
15,000
.101.61
______
350,000
102.42
525,000
;
111.
Shores,
100.27
:
,
1946-1961
Marion
Marion Township,
v
'
l'/a
trict., Pa.
1946-1965
Y.
.
1.55
2.77
55,000
95,000
r2.160.000
1946-1960
1946-1960
'
1.44
100.01
1.78
100.34
1683
Morehouse Parish S. D. No. 8, La.
7 "
1946-1965
1946-1965
/1946-1965
Morton, Tex.
i
3-3 Va
2199
Morton, Tex, ——3-3'/a:
2199' Morton, Tex.
_Y___—3-31A
1941
Mount Morris, N. Y
__1.60
1941
Mount Olive, N. C——_2JA-2
2199
Mount
No.
:
School
Vernon
1946-1950
1947-1966
District
1,70
2066
New Britain, Conn—
Newburyport,
1815
1938
Newton, Mass.
2070
North
1812
Oil City,
2198
Oklahoma Co. S. D.xNo. 52, Okla.
1936
1946-1955
1947-1953
1946-1965
—
1936
La
2198
Oklahoma Co. S. D. No. 52, Okla.
2197
Orangetottn,
District,
1942
Orarrgetown
N.
Orangeville, Ohio
•
Oroville, Wash.
Paramus Sch. Dist.,
2068
Pine
2200
County School
•
1.26
0.68
0.81
101.67 Y 1.36
100.27
0.69
100.10
1.22
100.30
1.06
100.30
1.06
100.14
3.38
100
3.25
Y 250,000
47,000
60,000
36,000
J
District
6,000
15,000
13,000
'
7
__1.90
1946-1965
.
______
100.33
30,000
100.06
1939
1-16 years
32,000
Iowa
1»A
1946-1960
458,000
Portland, Me.
_iy4
1946-1965
320,000
Port of Palm Beach Dist., Fla—3A;: Y 1962-1966
^ ^193,000
Portsmouth, Ohio
iy2
• 1949-1954
,
r125,000
Ramano, Tallman Fire District,
■ '
N. Y.
iy4
,
1946-1955
.
13,500
Robblnsdale, Minn. —_____1.10
1948-1957
100,000
St. Clair Shores,
Mich.
2Va-3
1947-1960
56,000
St.
Clair Shores, Mich—__2>/a-3
1947-1968
56,000
St.
St. Louis Park Ind. S.
2196
St.
1938
Scott
Seaside, Oregon
iy2
Minn.
Polk County,
'i
1.50
1.15
1.06
A'
1939
County
Louis
No.
Community
1948-1965
D. Minn._1.20
Thief River Falls, Minn——
1812
Washington
District, Md.
Whitaker, Pa.
2068
White
1816
Whiteface
1938
2199
Whitney,
Wisconsin
bond
1946-1985
2
V/2
Tex.-l'/a
1947-1956
1,000,000
10,000
Sch.
1946-1958
1946-1955
rl95,000
300,000
1E152-1960
1947-1967
450,000
Dist.,
101.43
__iy2-l
Y'i
V
October
separate
agencies,
:T
■
13A
135
municipalities
(123
issues)
——;—
r
1.19
>1.61
100.58
100.15
100.16
-
1.9o
1.48
,..Y
Y>:
1.22
1.58
Y'Y
k$67,222,795
,
1938
Dahlgren
R7
I.—li_lV2'v;'1946-1965
Township,
111.—„3
'
;
_
V
•
t
loans or municipal borrowings
Y>>
Y
Refunding bonds.
CANADIAN MUNICIPAL FINANCING
100.17
0.98
2072
100,000
100.56
1.44
2200
YY 500,000
Vvr2,750,000
100.27
1.08
2200
Canada
(Dominion of), Can.—
100.43
1.17
2200
Canada
(Dominion of), Can.—__
rd28,475,000
100.42
1.46
1943
Canada
(Dominion of), Can
2072
Canada
(P.
O. Ottawa),
L02
2072
Canada
(P.
O.
Rate
1951-1960
(Province
15 years
102.25
100.21
100.21
1.02
2200
Hull,
500,000
100.21
1.02
2072
Pelham
Township,
2072
Pelham
y
Township,
2072
St.
2200
Amount
a$26,093,000
70,000
•150,000,000
*130,000,000
1946
1946
1946
*75,000,000
1946
*110,000,000
1946
*160,000,000
1946-1964
330,500
______
• 40,000
a~C;—40,000
1946-1955 >
108,332
Can—_
196,000
1,500,000
1,000,000
IN OCTOBER
Maturity
of)_—-__2%-3y4
Burlington, Ontario
a
3 'A
Name
Alberta
2.52
100.17
r29,000
3VYY
—■
Wis
for
1.91
0.68
' 2.52
100.00
105,000
____
k Not including $60,653,240 temporary
d Optional,
from Federal
"
1948-1957
—
sales
covering
;
v
400,000
90,000
35,000
250,000
:■■■.
1.13
1.91
1.12
101.27
98.65
100.15
100.30
100
100
100.43
l'A
Xenia, Ohio
Total
1950-1961
1947-1966
'
Sanitary
—______
Texas
Rapids,
1816
1965
1946-1955
-
;i_
100.64
100.15
—1%
Ind.
1685
35,000
45,000
Y 500,000
1,500,000
100,000
500,000
YY
1965
1947-1965
Minn._;
Minn.
Y
—
Co., Iowa—
Suburban
2.81
2.81
'MY
—1.20
l'A
——IV2
South St. Paul, Minn—
1.20
Springfield, Mass.
aA
Sulphur Springs, Texas_____—_2y2
Sulphur Springs, Texas—_——23A
1684
.<
1.25
1.09
100
100.02
100.10
100.10
S.
6, Minn
Paul,
1 v
.
.
2316
1.32
101.04
—
2197
1.89
100
100.65
101.86
'
' '
No.
2,
1938
'
59,000
1946-1950
1946-1965
2
N.
" '
Fire
l'/2
_____2y4
Y
>.
100.20
101.25
100.51
6,500
100,000
1946-1965
Y 1946-1965
3'A-Y 1948-1965
23A
1948-1953
3
Y; 1954-1963
—
2.16
,
1
125,000
70,000
28,000
125,000
250,000
194&-1970
3A
1>A
Norwalk, Conn.
1.10
Norwalk, Conn. —_1.10
Ocean Beach, N. Y
3.40
;
1.54
100.02
23,000
1947-1969
1947-1951
1946-1950
_____1
Ohio—
100.15
250,000
-—-—
Mass. _i.
____—l
New Kensington Sch. Dist., Pa._iy2
Canton,
;
—
.j
1947-1964
3 .
3-1 »A
Murphysboro, III
Nashville, Tenn.
Y 1.33
—'"Y—■
«
-
13A-2
Ill._
80,
1815
15,000
75,000
105,000
50,000
, 20,000
9,500
rlOO.OOO
Price
Basis
—»_
100.50
—.•«.
3.20
y
0.75
0.75
0.36
0.75
0.75
3.24
Sherbrooke Catholic School Com¬
'
;
'
7,500
20,000
Too""
2~00
11,695
Ottawa), Can—
Quebec
i
Ont.__l_
3
3
Ont._^.i^^3
Catharines, Ont—
—2y2
mission, Quebec
3
;
;
1946-1975
97.78
99.64
99.64
101.16
200,000
2.27
98.19
3.13
.
Cranston,
:.
100.56
j_
.
750,000
.
2071'
'
.7
-
1947-1965
1947-1961
1963-1964
v -
Page
•
—,—
———
15,000'
1946-1965
13A
Ind.
1938
2.74
-
'1.85
1.89
1.67
•
1.45
1947-1965
~100~ 09
'•i-.A
101.01
101.10
100.32
100
'
" "
1956-1960
,
205,000
;Y:
3.50
1.88
.Dis-
1938'
2.04
98.25
1-96
2.25
200,000
Y
1946-1970
—„iy4
trlct,- Iowa
2.04
100.21
-Y. 80,000
:
100.21
_—
Y 250,000
Dist.
Sch.
Maricopa
1812
2.04
61,000
1946-1964
1948-1956
.—1-2Vi
100.21
0.76
0.97
100
100.10
,
M
—
.l'A-l'A
2066
1.49
100.05
1946-1966
1946-1966
2.66
1.65
100
8,000
300,000
1969
Y
Auth., Tex._2
Mansfield,
2199
r600,000
•
1946-1965
1946-1960
21S8
1686
2195
r
1967-1968
1686
Ytn.
17,000
1946-1960
2198
1686
2199
;y,,-.r
rri
YY-Aw——
r20,000
1946-1960
Cape May, N. J.i
J
-2%
Cedar Rapids Ind. Sch. Dist., Ia._l '/"I
1683
Vail#
1682
2068
1948-1962
1814
2067
Valley Auth., Tex._2y4
1682
D.
1.20
Cabarrus
Pa.
1.44
100.11
Caddo Parish Sch. Dist. No. 7, La.
Chester,
100.18
510,000
1683
Charles
2.76
1.33
2197
1942
~2~22
100
100.05
,
-*—-—
——
Tob~22
if. 100.31
1947^1958
l'/k
!„__Y^T40
—1,40
■■—
*1.40:
County, N. C
3.00
30,000
rll5,000
1946-1950
Brooklyn, Ohio
—_—--^3
;
Burlington, N. G.——L——2W^2
1 * -1969-1972
Burlington, N. C._———2Vr-2'g f > -1969-1972
Burlington, N. C._._—'_j._;_21/4.-2 T ,r: 1969-1972
Burlington, N.
——214-21969-1972
1812
Lower Neches
1684
1936
\
Bridgeton, :'N.
2064
1686
1812
1942
100
70,000
Brooklyn, Ohio
1943
15,000
/
rl,094,000
1939
1941"
1947-1957
1949-1979
1686
1814
r65,000
,
1947-1977
2198
1941
1947-1951
1952-1954
;
1.15
—.—;
1942
100.58
1946-1952
Mich.——
J.„
J
J.__
Y
4ya-35/8-2y4
Texas
County,
—
2068
Price
$108,000
:
N.
N.
Mich—.
Orion,
TY
2Vi
Ill
1
Ill—1
V/2
Tenn—i._2-l3/4
1948-1977
Lea County, Tatum Indep. Sch.. v ^
''
Dist., No. 28-A, N. Mex.___
2'A Y
—
Livingston Parish School Dist.,
'
No. 31, La
:
—^___3y2
1946-1961
Livingston Township S. D. N. J..1.90
1946-1965
Los Angeles County, Rivera Sch. r Y
District, Calif.
2
1946-1959
Los Angeles County S. D., Cal.._2
1946-1965
Los Angeles County S. D., Cal—13A
1946-1953
Lower Neches Valley Auth., Tex._23A
1947-195 1
Lower Neches Valley Auth., Tex._2'/2
1952-1966
1812
Basis
Amount
2198
-1941
2195
Tex._3
3
1.43
2.48
—
2068
.
Miss.
1939
1941
2195
Tex._3
2.45
Y
- ■ '
•
Y'
100,000
,
75,000
100.01
rl23,000
:
rd80,000
rd391,000
d50,000
d270,000
r574,600
—___
r203,000
132,000
100.90
66,000
100.21
33,000
100.33
34,000
Y
dl,400,000 Y— ,
' 300,000
100.13 y'
Lauderdale
1943
2195
.
?
Laredo,
1943
1684
various issues sold during
Maturity
1V2
3-4
2196
Bloomfield and West Bloomfield
Townships Frac. Sch. Dist. No.'
7, Mich.
-l'/a-l'A
1942
Bloomsburg Sch. Dist., Pa
—lVa
2067
Bonneville
County
Indep.
Sch.
Dist.,-.~Class A, No. 1, Ida
..lVi
l942^'Sowbells£'N,-'
1939• -Braham.v Minn.'
—1 Va
1939
Braham;'.Mlnn.
———IV2
2071
Brazosport Ind. Sch Dist.,
Texas
i—„-2V4-l3A
2068
Bridgehampton
Township Frac.
1686
725,660,514
1
Alameda County, Oro Loma
•'Sanitary Dist., Cal.——-_——3"% :
Aldine Indep. Sch.. Dist., Texas_3
Allendale, S. C.
t
3-2:!4
Arlington Heights, 111.—
2V4
Ashe Cbunty, N. G——.
6-3-2 VY
2068
42,748,755
$83,194,067
488,294,996 U936
Rate
1815
769,778,618
$955,500,882
973,869,107
28,097,090
1937—
'
%
955,690,419
800,602,665
Y: 52,480,059
1938_
Following is a complete record of the
Octbber;
Ten Months
October Y
821,540,468
953,668,243
64,652,526
1946_j,—---_Y. 177,142,181
2195
Lake
1816
2071
1943
2197
For the
Month of
For the
Ten Months
,
'
•
None
"
16,589,990
38,075,880
-
—
1941
1943
Dist.,
Dist.,
Dist.,
Harlingen
Dist.,
Hidalgo County. Tex.—
Hidalgo County, Tex.„_—
Highland Park, Park Dist.,
Highland Park, Park Dist.,
Jackson Co., Tenn—1.—
1.4o
1.18
....
100.45
500,000
r29,000
r47,000
»
Tex._2Va
Sch.
Sch.
Sch.
Ind. Sch.
2196
--YiiY 108.130,600
1942
2198
.follows:^
None
None
318,000 " 15,991,406
1
Y
Nolle
Yi—Y—'' $*67.222,795' -%>$67l,251,037;
1943--.—
ly, at a price of 101.27, a net in¬
terest, cost of about $1,565%, as
Securities Co., of
'
comparative purposes we: add the
of years.
1944-„
awarded-recently to Halsey,
& Co., and the Nashville
Nashville, joint¬
Stuart
None
771,356
disposals of long-term obligations by States and munic¬
ipalities in'the United States for October and-the lOvmonths for a
2195
was
:
the aggregate
1945
Ind.
1936
1944, 1943, 1942 and 1941.
October
semi¬
Ind.
Ind.
Harlingen
1.50
0.94
102,000
d93,000
1946-1975
1950-1960
1946-1970
1946-1950
1951-1969
1946-1950
1951-1969
Tex._2ya
Harlingen
2068
Month of
annual electric revenue bonds
Harlingen
1943
None
•Including temporary securities
;:Y.
Sch.
1.49
0.97
100.02
250,000
—-
Indep.
1943
Y-.—__Y 779,757,867 307,918,921 757,961,346 392^38,880 497,952,742
Fbr
—
111.
Consolidated
1.41
"
—
275,000
400,000
—
1943
1812
-
fered fori sale on Nov. 23—v.
p.
26,093,000 Y
None
788,832
227,000
'
None
None
Territories
Ill._,—
Guadalupe County, Texas—_lVa-l3/4
Hamilton Lakes, N. C._—______2%
2199
101.14
100.48
100.70
100.14
1947-1957.
1949-1956
—
—2Va
1948-1965
;M
1947-1966
2*/a
1947-1965 . ;
1%
1946-1960
1%
1961-1970
—1W
1946-1958
—2%
1946-1955
1%
District, Texas
y
1684
1941
^
'
—
Canada^_—Y
Total
series
YAy'.-.r
vY-c 4 "•
16,589,990 38,075,880 64,652,526
69,561.321,35,600,000 78,945,000 92,308,810
(Canada)—- 625,000,000 130,000,000 705,000,000 275,000,000 325,000,000
'
*>•*•" ■'Y*
"
Clinton, Tenn. . *•*
Bond Sale—The $250,000
1942
1943
<£,
^
60,653,240
Bonds of U. S. Possessions
and
V
67,222,795 108,130,600
(U. S.» —
(perm,
tl. S.__
in
Placed
.v,."
Yankton, S. D.
y Bonds
Voted — The following
bonds amounting to $115,000 were
held
loans
Can. loans
"
-T\
,
Permanent loans
are'
'* '
•
>
25,000
—
:
...
Benton,
Georgetown,
2068
100.03
100.10
100.10
100
.100.19
lVa-l'A
Texas
Okla.
Mont
Paso,
28,000
100,000
50,000
2,000
30,000
135,000
350,000
85,000
,
1946-1950
.
1682
In
of
the various forms of loans
1944
1945
Dated Oct. 1, 1C45.
de¬
$1,000.
Tltzs-j bend}
due on Oct. 1, from 1917 to
favorably
Fort
—
—-———
-1 ,Y
-
1942
The following is a comparison of all
bank.
1965. The next
Fairview,
which had previously been
put out in October of the last five years:
nomination
the
El
1942
Pa.
Dist., Texas—
1939
and at this writ¬
accepted by ^holders of almost all of the original indebtedness.
consequence' of the refunding, the Province corrected a default
many years' standing on both principal and bond interest.
''
.
1943
2197
la.
Stroudsburg,
5,000
•
1947-1966
1946-1957
1946-1970
:
2070
election to be held on Dec. 1.
issue
Ector County Sch.
Groom
■
An
East
1816
Greenup,
complete, the debt reorganization program
—
Dougherty,
1815
2068
$55,000 county hospital bonds will
be submitted to the voters at an
Election
2068
101.07
.
1 y2
1 •
——iya-2%
-lVa
La.
2071
nicipal market during October, as a result of the public offering in
this country of an issue of $26,093,000 refunding obligations. Purpose
of the financing was to provide the funds needed by the Province to
Bond
Donaldsonville,
Greensburg, Ky.
Although short-term municipal awards in October aggregated
$60,653,240, about $58,000,000 of the output represented financing by
various local housing authorities.
These agencies, incidentally, will
very likely be an extremely productive source of business for the
long-term capital market in the future. While such agencies finance
construction costs of low-rent housing projects on a temporary basis,
such indebtedness is usually transformed into permanent form after
the facilities have been in operation for a while. As we have pre¬
viously stated, the bulk of short-term municipal financing negotiated
during this and earlier years has been for the account of housing
authorities throughout the country.
Dakota
South
2068
2068
'YYYYYvY:
and that a real test of
SOUTH OAKOT3
level will not be possible until a greatly increased flow
Indep. Sch. Dist. No. SO, develops.
4
r*'
■
Sch.
County, Iowa
2199
however, that much of
lack of change in the supply factor
Sir...
r
■
Delaware
Ky.
Georgetown, Ky.
Gibson County, Tenn
ing is not too far away from the positions held prior to the
setback brought about by the victory over Japan. It must
1%%—100.56
-
Ohio
1812
2068
substantial
be evident,
the improvement has been the result of a
1 Vz %—100.57
C, C; Collings &
rCo.
Dist.
:,
Local
—
Township
1942.. Deerfield
1.00
100
r50,000
2,000,000
1947-1951
-^-2%
Mich..—,
3,
i-
Dist.,
Sch.
Franklin Co.,
Meanwhile, the price level continues to advance
_—_____
No.
,
;
1946-1956
1948-1972
■
--IV2
Myers, Florida
Frankfort, Ind.
Singer, Deane and
;'
Y Y,V
100.70
100.10
250,000
No.
—
1.37
1.11
1.19
100.02
rdl85,000
28,500
1946-1958
1946-1955
1946-1970
Basis
Price
Amount
Maturity
—1
Ohio
Dearborn
Township
1812
on
given project will not suffice to cover the actual
because of increases in wages and materials.
'
1%%-100.51
i.-_
Dist.
Sch.
County
Neb.
management difficulties on the increase due to disputes over wages,
etc., the result is that municipal bodies are unable to undertake
negotiations with contractors for the prosecution of various projects
long in contemplation. Then again, it is more than possible that in
not a few instances, the amount of bonds previously authorized for a
:
.iy4%-100.03
Hemphill, Noyes &
Va.
2195
ity
-
v
-Co. _Y—
of the absence of any material degree
Ohe explanation
11
Tex.„
—
in the reconversion
Inc.—iy4%-100.158
Blair & Co.,
:
•
Although
1
Rate Price Bid
YY"-'--
Bidder
' Rate
-Y-lVi
— IV*
1.20
Fort
.YYyYY'YY'Y
;
Yeadon, Pa.
'(
1943
■
60,000 3%% refunding bonds.-
■
Danvers, Mass.
long-term financing by States and municipalities
reached-'a level of $67,222,795 during the month of October, almost
half of the output was accounted for by the Chicago Park District,
'
Name
'Dallas County,
1683
^Municipal Boncl Financing During October
tY;y;:/•"''"'"f '• ' •'
$199,000 3Mj%
1
1943
Page
Co.,,
Kline, Lynch &
to
Cincinnati:
2695
FINANCIAL CHRONICLE
THE COMMERCIAL &
Number 4443
1621
•Y\
r35,500
100.35
1.45
rl50,000
100.79
1.41
30,000
municipal bonds awarded during OctoberPlaced in United States.
*Temporary loans.
Canadian
.
'
a
$26,881,832
'
v
;
»
.
Jlr-
(Continued from page 2695 Ur/
1958, $13,000 in 1959 to 1961, $14,in 1962, as l3/4s, and $41,000
©00
maturing Nov* 1, $14,000 in 1963,
amounting to $40,000,000
will be submitted to the voters at
the election to be held on Dec. 8:
$15,000 in 1964, and $12,000 in
1965, as IV2S. The next highest
bid was that of the Equitable Se¬
bonds
$7,000,000 auditorium, . s
parking area bonds.
Corp., Cumberland Secur¬
Nashville, and Jack
Bass & Co., jointly, for $37,-
M.
Corp.,
W
cost of about 2.133%.
La
-
Tenn. t
Bond Sale—The $242,000
: ;>A
1%%
electric system revenue
refunding bonds offered for sale
©n Nov. 16—v. 162, p. 2318—were
awarded to the Equitable Securi¬
ties Corp., and J. C. Bradford &
Co., of Nashville, jointly, at a
price of 102.10, a basis of about
1.41%. Dated June 1, 1945.
De¬
nomination
$1,000.' These bonds
are due on June
1, from 1948 to
Nashville, Tenn. ,, \ U&
Bond- Call—It is stated by W-.
$250,000, are
called for payment on Jan. 1,1946.
Dated July 1, 1944.
Denomina¬
tion $1,000. Due July 1, 1946 to
amount
the
and all
-
;
on
issue of $3,-
;i, §
texas
Cherokee County
;
aiillii
(P. O. Rusk),
Election
Bond
$475,000 road
—
of
issue
An
construction bonds
will be submitted to the voters at
the election to be held on Dec. 15.
semi¬
annual bonds, aggregating $4,000,000, offered for sale on Nov. 28—
v. 162, p. 2568—were awarded to
a
syndicate composed of Phelps,
Fenn & Co., Chemical Bank
&
Trust Co., Glore, Forgan & Co.,
F. S. B/loseley & Co., all of New
York; Stroud & Co., of Philadel¬
phia; Hemphill, Noyes & Co., of
New
York;
Commerce
Union,
Bank, of Nashville; Li F. Roths¬
child & Co., Charles Clark & So.,.
Harvey
Fisk
&
Sons,
Gordon
Graves & Co., all of New York;
Thomas & Co., of Pittsburgh, and
Rauscher, Pierce & Co., of Dallas,
as 1.10s, at a price of 98.33, a net
interest cost of about 1.26%.
series
ment,
No.
^
■
improve¬
bonds.
:
-
f
ening, series No. 210 bonds,
.
Due from 1946 to 1965,
,
210,000 street paving, series No.
:
Due from 1946 to
202 bonds*
1965.
:
to
y
1,290,000 street opening and wid;
w!
200
1946
from
Due
1965.
.
!
J
to bear not
kiterest. Dated
3%
ex¬
Jan.
1, 1946. Denomination $1,000. Due
Jan. 1, as follows: $1,000 in 1948
to
1950, $2,000 in 1951 to 1966,
and $3,000 in 1967 to 1971. These
authorized
bonds
the
are
election held
Nov. 9,
on
at
the
1945, by
Principal and
vote of 366 to 29.
interest
payable at the place pre¬
ferred by the purchaser. It is the
intention of the City Commission
to sell the bonds at the lowest in¬
terest cost that will
approximately,
bring
but
price
a
not
less
than
par
and accrued interest.
Bidders are required to name the
rate
combination of two
or
with
bid
their
is
which
rates
nearest
and accrued interest. Any rate
multiples
of Va of 1%. Alternate proposals
will be considered on bonds with
par
or
rates named must be
and; 13-year option. The
will furnish the printed
5-year
District
bonds* st copy of the proceedings,
the approving opinion of Gibson
& Gibson, of Austin, or of Chap¬
man
& Cutler, of Chicago, and
Issue
without
the
by
cost
purchaser
him. It is
to
Seawall
State
Aid
and
bonds
/improvement,
1,000,000 airport
No.
203
from 1946 to
Dated Dec.
bonds.
1965.
,
1, 1945. r'
Due
■
-
Birmingham
:
NOTICE
resolutions
IS
of
in
Board
.'
-
construc¬
the
held
Coast
interest payable at
Company
July 1, 1945, to said date of redemption, and that on said date the aforesaid redemppric<> per share
J$1,03-5?)*uWilL..be due and Payable end will be paid at the office of
The Chase National Bank of the City of New York, 11 Broad Street, New York 15, N
Y
as
Agent of this Company, upon surrender of the certificates for such Preferred Stock
accom¬
panied by e Letter or Transmittal properly filled in and signed.
Prom and after January 1.
1946, right to receive dividends on the Preferred Stock shall
><*ase to accrue and all rights of
the holders of such stock shall cease and determine except
the right to receive said redemption price.
■>' 7
the place pre¬
purchaser. It is the
Commission
to sell, the bonds at the lowest in¬
terest cost that will bring a price
1945.
By:
F.
D.
LEMMON,
Vice President.
approximately, but not less than
par and accrued interest.
Bidders
are required to name the rate or
of
Prepayment Privilege
of
their
stock certificates
at
the
office
of
the
Agent
as
aforesaid.
-
V
Dec.
on
sealed
i
Sold—We
'^•'*'*^
'■
tric
to
bonds
of
1%.
be considered
on
10-
bonds with
option. The District will furnish the printed bonds* aoopy of
the
proceedings, the- approving
year
Opinion of Gibson
&
Gibson of
to
to be
City National Bank, Texas
City.
Payable as to both princi¬
pal and interest solely from and
exclusive first
lien upon
Austin, or of Chapman & Cutler
of Chicago, and will deliver the
bonds to the bank designated by
the net revenues of the
sewer system and shall be secured
by a first mortgage on the entire
the purchaser
without cost to him.
anticipated that delivery can
be effected Jan. 15, 1946. Enclose
a certified check for $1,600, pay¬
issue.
It is
suant to the Constitution and laws
able to the City.
Civil Statutes of Texas, as
Election
Bond
Scheduled
—
A
tentative date for an election has
11, to submit
$5,694,000
been fixed for Dec,
to the voters an issue of
municipal improvement bonds. It
voted to make $3,744,000 of
the bonds tax obligations and the
The
the
Texas,
total of which
ceed
isuance
O. Jefferson),
Marion County (P.
tyAy
3% series of 1945, road
to
and 1965.
'
1964
.
Montgomery County (P. O. Conroe), Texas
Warrant
Purchase
Contract
amend¬
bonds,
to
,
,■ \/
.
-^
,
„
■.
H. L.
ment of said bonds will be made-
and after said date at par, plus
premium of 1% on bonds Nos.
4,701 to 5,000, and a premium of
y2% on bonds Nos. 5,001 to 6,000,K
a
presentation
upon
ex¬
the
at
City
Treasurer's^ office, or the fiscal.
agency of the State, the Chemical <
Bank & Trust Co., New York City.
Interest will cease on date called. /
,
VIRGINIA
WEST
West
y:
Virginia
McHenry,
P.
Called—J.
Bonds
,
(P. O. Wheeling),
Ohio County
Secretary of the County Board of
Education, has
announced that
Board of Education
bonds Nos.
340
354, 420 to 440, 451 to 455,
526, 891 to 895, 899 and 900,
1,243 and 1,254, 1,361 and 1,362,
amounting to $72,000, are called
for payment on Jan, J, 1946. Dated
July 1, 1940. Denomination $1,000. :
Interest payable on January and
July 1. Said bonds should be sur¬
rendered at one of the places of
to
517 to
payment designated therein as
Jan.
1,
date
called.
1946.
Interest
.
of
on
ceases
.
Tyler, Texas
AB onds
Voted—The
submitted
bonds
the election held
to
on
$975,000
the voters
$500,000 junior college bonds.
475,000 construction bonds.
Indep. Sch. Dist.,
:
-
Bonds Voted—An issue of school
construction
bonds
$800,000, to
2% interest,
bear
was
election held
sale
cified
Columbia
t
O. Parhersburg),
Virginia
West
at
'
'
.
Wood County (P.
Nov. 13 were
favorably voted* These bonds are
described as follows:
uled
as
on
date
yet.
.
amounting to
not exceeding
approved at the
Nov. 13. No spe¬
has
/;
sched¬
been
„
Texas
and bridge
1963, and $2,000 in
not
qualified resident property
taxpaying
voters voting
at an
election held on Dec. 16/1944,
$22,000
Bonds Sold—An issue of
these
is
the
West
Texas
of
$150,000, was authorized by
was
remaining
$1,950,000
revenuepledged bonds against the City's
water system. The five-year mu¬
nicipal expansion program is esti¬
mated to cost $5,894,000* \ ;
issued pur¬
of the State, particularly Articles
1111-1118
of
the ; 1925 * Revised
ed.
Lubbock,
recently,"
,
up to and including Jan. 1,
1955, and thereafter at 100. Prin¬
are
held
provided in said bonds, and pay¬
on
cipal and interest payable at the
Said bonds
improvement
system
6,000, dated Jan. 1, 1945, are
payment on Jan. 1,1946,/
inverse order of number, as-
in
are to be
105 and accrued inter¬
an
ol $200,-/
called for
bonds
shall constitute
<
,
Collier, City Treasurer; that mu¬
nicipal transportation system re-i
funding revenue bonds, Nos. 4,701 \
est
Texas
bonds, as :>
Bond Call—It is stated by
1, 1945. The bonds
subject to redemption
3%
u
,
due in 1948
.Seattle, Wash.
callable at
multiples of
Alternate proposals will
be
must
named
the
The
favorably voted at an
was
election
.
terest;
are
Pasco, Wash.
water
000
.
are
—
:
'
Jan.
follows:n The 2% bonds
purchase
property
1970.
Bonds Voted—An issue
$3,000 in 1954, $4,000 in 1955
to 1962, and $5,000 in 1963 to
1965.
v-'/;
be
Contract
contracted a to purissue of $1,000,000 elec¬
an
2V2s. These bonds
bonds amounting to $70,000,
recently: to Louis Pauls
to
Wash.
has
Moines,
chase
accrued-interest. Any rate or rates
:of
Purchase
awarded
Dated
Vancouver),
O.
Bond
Tex.
City,
(P.
Ballard-Hassett Co., of Des
ifj-\
•* ?J
Texas
J
Clark County Public Utility Dist.
par
;
Nov.-:
on
a.m.
WASHINGTON
informed
are
by the county.
Due seri¬
ally in 1946 to 1957, incl.
Dated
Aug. 15, 1945: *
1 ;
' ■ ■'
.
10
the
Stonewall County (P. O.
by the County Judge that $56,000
2% and 2Yz% courthouse and jail
refunding bonds have been sold
ing
until
bids
for
Aspermont), Tex.
at
;
purchase of $150,000 ?
series 2 road bonds, not exceeding >
3% interest.
»
1
30
callable at 102.50 and accrued in¬
Offering—M.
Bond
Secretary
of
the
W.
School
Waugh,
Board,
CANADA
will receive sealed bids until 7:30
p.m. on
Dec. 10, for the purchase
Canada
of
$78,000 school house bonds, to
not exceeding 3% interest.
Dated Dec. 15, 1945. Denomination
$1,000. Due June 15, as follows:
$7,000 in 1946 to 1955, and $8,000
in 1956. These bonds were author¬
ized at an election held on Sept.
bear
—
10, 1945, by a vote of 73 to 6.
Principal and interest payable at
the place preferred by the pur¬
chaser. It-is the intention of the
Board of Trustees to sell the bonds
at the lowest interest cost that
30 days no¬ will
bring a price of approximate¬
ly;'but not less than par and ac¬
>
Bills
Sold
treasury
Nov. 29
yield
(Dominion of)
—
The
$75,000,000
bills offered for sale on
were
sold at
of 0.364%.
an
average,
Dated Nov. 30,
1945. These bills are due on
1,. 1946.:
The First National Bank of Con-
March
,
if
•
ALBERTA
has contracted to purchase
$120,000 2Vz% road and bridge
time
warrants.
Dated
Aug.
15,
1945. These warrants are due Feb.
-
Effect—Payments
16, 1946, callable
for matured
tice.
„
_,
'
|
on
r
^
Nacogdoches, Texas
Bond
Election —It
officially that
held
the
in
the
an
very
issuance
is
of
y
reported
election will be
near future on
$60,000
recrea¬
tional bonds.'
interest.
crued
Bidders
are
re¬
quired to name the rate or com¬
of two rates with their
bination
bid which is nearest par and ac¬
crued
interest. Any rate or rates
named must be multiples of
% of
,
Alternate proposals will be
considered on bonds with 5-year
1%.
Rockwall,
Bonds
000
3%
recently
I'm°L^o^^e"^inV.?i1?<^!^?refc?7'ed price thereof ($105.50 per share) after October 1,
Stock may at any time on and
obtain payment of the full redemption
upon surrender
$945.
due
two
rates with
their bid which is nearest par and
combination
Sold—An
bonds
by
Investments,
Nov.
1,
Texas
issue
semi-annual
provement
'
are
prior to maturity at the option of
the City, on not less than 30 days'
published notice, either in whole
or
in part in inverse numerical
order, on or after July 1, 1946, as
on
ATLANTA, BIRMINGHAM AND COAST RAILROAD COMPANY,
1.649%.
are
from
<Decem°bef3LflM5.°f ^ Preferred Stoc3c wlU be made after th* close of business
Antonio, at
of
-;
Road Dist'. No.* I.
'1
(P. O. Plains), Texas
;
Bond Offering—J. W. O." Alldredge, County Clerk, will receive /
intention of the City
roe,
Railroad
•:
District.;/";. "'
Yoakum County
1, from 1946 to 1955.
The next
highest bidder was Hatcher & Co.,
at a net interest cost of 1.707%.
elec¬
1946
& Co., of Dallas, as
$329,000 maturing Aug.
20, $30,000 in 1946 and 1947, $31,000 in 1948 and 1949, $32,000 in
1950, $33,000 in 1951, $34,000 in
able to the
Denom. $1,-
1, 1945.
These bonds
000.
on
p.
curities Corp., of San
a
net
interest
cost
Dated Dec.
sa-le
for
2568—were
Columbian Se¬
162,
the
to
ferred by the
R. A.
follows:
purchaser without cost to him.
It.is anticipated that delivery can.:
be effected Jan. 10, 1946. Enclose >
a certified check for $1,560, payr
'Y.-;
-
offered
26—v.
awarded
Nov.
on
both
Antonio, and
Nov.
These bonds are
1966.
to
Co., of Chicago, E. H. Rollins &
Sons, of New York, Lovett Abercrombie & Co., of Houston, Dewar,
Robertson & Paneoastj Roe & Co.,
GIVEN that Atlanta, Birmingham and Coast Railroad Company by
of Directors adopted July 19,
1945, has exercised its option
under
N. Y„ September 20,
same
refunding bonds was purchased
recently by the J. R. Phillips In¬
vestment Co., of Houston, at a
price of par. These bonds are due
on
July 1, as follows: $1,000 in
San
bonds
house
*
purchased
petition : for
Incorporation and the
Certificate of Incorporation
Issued
to
it
by
the
Secretary of State of the State of Georgia, to redeem and will redeem on January 1, 1946
the
whoie of the Company's outstanding $100 par value Preferred Stock at the redemption price of
$103.00
per share• 'together with an amount equal to five per cent per annum per share
New York 6,
.;
amounting to $380,000
.Its
Dated:
:
*
.
•
y,-'
Seymour Indep. Sch. Dist., Texas
Bond Sale—The $24,000 school-
Bonds
im¬
15, 1945, by a
vote of 108 to 98.
Principal and
$750,-
Notice of Redemption of Preferred Stock'
HEREBY
its
and
1963
tion
privately on Nov. 16 by a syndi¬
cate composed of John Nuveen &
of
the
\ :■ yv1
Manager, will receive sealed bids & Co., of Galveston, mature as
until 7:30 p.m. on Dec. 17 for the follows:
purchase of $80,000
street ; im¬
$20,000 2% first mortgage revenue
provement bonds* not exceeding
bonds. Due Jan. 1, as follows
3% interest.; Dated Jan. l, 1946.:
$2,000 in 1946 to 1949„ and
Denomination $1,000. Due Jan. 1,
n $3,000 in 1950 to 1953.
;
as follows:
$3,000 in 1947 to 1950,
50,000 3% first mortgage revenue
$4,000 in 1951 to 1962, and $5,000
bonds.f Due Jan. 1, as follows:
antici¬
REDEMPTION NOTICE
Atlanta,
«1 ;-.y
Giddings, Texas '
Offering—R. A. Toler, City
Breakwater,
was
-
"
designated by
bonds to the bank
Dallas. C
defeated.
Bond
delivery can be ef¬
20, 1946. Enclose a cer¬
tified Check for $2,000, payable to
the City.
000
Monday, December 3, 1945
Bond Sale Details—The follow¬
fected Jan.
Bonds Sold—An issue of
•
Rejected—At
ment bonds
that
pated
•'
time the street and alley improve¬
were
:t-F
by McCall, Parkhurst & Crowe, of
bonds.
ment
tion bonds*
will deliver the bonds to the bank
designated
-.Vr
770,000 drainage system
Underwood
■
series
fire station bonds,
:*
•
the bonds authorized at the
Molberg,
Joe
receive sealed bids
until 7 p.m. on Dec. 7, for the
purchase of $50,000 city hall and
ceeding
•.,,*•»
400,000 street and highway
provement bonds.
>
:
Freeport, Texas
No.
series
disposal,
—
Mayor, ' will
■
i 500,000 sanitary sewer and sew¬
age
Offering
Nov. 27:.-
on
$83,000 sewer system improvement
bonds.
115,000 water system improve-
bonds.
199
Due from 1946 to 1965.
'
,
Fredericksburg, Texas
of
Dallas, Tex.
Bond Sale—The following
$1,000,000 water works
Texas.
,
Voted—An issue of $55,-
Bond
a
Texas "»>]
y.'':
* )•
"
.
.
unma¬
Interest ceases on
yc
.
-
distributing system bonds
was approved at the election held
oh Oct., 30.
approved at the election held on
15. '
property
000 gas
500,000 street, sewer construction
and water extension bonds was
Nov.
municipal
Eden,
1, 1946.
Bonds .Voted—An
bonds. "
Bonds
or
New York City*
of
250,000 Street lighting bonds,
after Jan. 1,
1946, at the Guaranty Trust Co.,
payment
y
sanitary sewers bonds.
library bonds. ;
municipal buildings
ation
presented
tured coupons should be
'
water bonds.
"
of
bonds
Said
1966.
Jan
~
•
Series 1944,
to 250
1
bered from
for
••:'
street paving bonds.
:
water works revenue
to
-
250,000 construction and alter-
Carr, Jr., City Clerk, that 5%
bonds, num¬
M.
*
v
;
.
bonds.
1956.
,
i..
ment bonds,■'■"A
2,900,000
2,100,000
1,000,000
2,500,000
Galveston, Texas
tion held
A t.v•••■
475,000 municipal garage and
auto testing stations bonds.
V-
,r":.
street opening and wid-
storm sewers bonds. A.
2,500,000 parks bonds.
1,450,000 fire stations and fur¬
's nishings, fire equipment, and
fire alarm building and equip-
Follette,
series B.-2,
■
■
bonds:: /. >"./•*'
1,275,000
^ ening
l,000,000
2,800,000
.
■
1952, $35,000 in 1953,. $36,000 in
1954, $37,000 in 1955, as 3s, and
$421,000 maturing Aug. 20, $38,000
in 1956, $39,000 in 1957, $40,000 in
1958, $41,000 in 1959, $42,000 in
1960, $43,000 in 1961 and 1962,
$44,000 in 1963, $45,000 in 1964,
and $46,000 in 1965, as 2V2S., • ;;
Bonds, Voted —The
following
bonds
amounting
to
$1,368,000
were favorably voted at the elec¬
bonds.
$94,000
interest
000, .3s, $89,000, 21/4S, and
2s, at a price of par, a net
and
ite
school bonds. / , ' markets bonds:;:
airports bonds, .f;
live stock buildi ng
10,000,000
1,500,000
1,000,000
'2,000,000
curities
ities
Election—The following
•r-Bond
V\ ' ;VV,
FINANCIAL CHRONICLE
THE COMMERCIAL &
2696
-
was
of
street
purchased
the Louis B.
of
Dallas.
1945.
$60,im¬
Henry
Dated
Legality approved
The District will furnish
printed bonds, a copy of the
proceedings, the approving opin¬
ion of Gibson & Gibson, of Aus¬
opton.
the
of Chapman & Cutler, of
Chicago,
and will deliver the
tin,,
or,
Alberta
(Province of)
Payments on Matured Bonds in
* in
settlement ;
bonds of the Provi¬
dence of Alberta, Canada, are now
being made at Bank of the Man¬
hattan
Company, New York, it
was
announced
by Norman S.
Taber^Co., financial advisers to
the Province.
Holders of window
for deposited bonds are
asked to present them in
order to receive payments author¬
ized
under
the
reorganization
receipts
being
plan declared operative last week.
New debentures and cash adjust¬
ment
payments will be available
unmatured bonds on
for holder of
or
about Nov. 15.
..
@FedFRASER