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DEC MONDAY 7)942 Reg. U. S. Pat. Office New York, Number 4131 Volume 156 STATE N. Y., Monday, December 7, 1942 CITY AND Price 60 Cents Copy a DEPARTMENT BOND PROPOSALS AND NEGOTIATIONS would In This Issue be holders of re¬ ceived payment. ■ turities Corporation News are to in the four now City News matured in years over¬ and It 1936. is being contested by the Bondhold¬ ers' QUOTATIONS New York Stock headed Seaford Exchange Special Bond- Call of called 2, 1939, for payment 1943, Jan. 2, 1939 and (See Index Below) Sussex .. ARIZONA necessarily refer to said decision Phoenix, Ariz. and the possibility that said bonds will be subject to call at any sealed bids until 4 p.m. on Dec. 22 for the purchase of $339,000 not to ex¬ ceed series interest 3% 1943 of bonds, as follows: $193,000,*water .refunding bonds. Due July 1, as follows: $96,000 in 1952 and $97,000 in 1953. 77,000 sewer refunding bonds. Due July 1, as 000 in follows: $38,and $39,000 in 1952 1953. 69,000 refunding' bonds. Due July 1, as follows: $34,000 in 1952 and All Jan. dated Denom. $1,000." No bids for the purchase of said bonds at a price of less than par 1, 1943. value thereof and all the accrued interest thereon to approving opinion of Gust, Rosenfeld, Divelbess, Robinette & Coolidge of Phoenix, and all bids must fied be unconditional. check amount of for the order of the City 5% bid, of A- certi¬ the total payable to Treasurer, is re¬ quired. Attorneys To Bond Call—Thomas S. Qualify Sullivan, City Treasurer, calls for payment on Jan. 1, 1943, 5% water works bonds, Nos. 949 to 992, in the amount of $44,000, issued Oqt. 15, 1919. -Due Jan. 1, 1950, callable at the rate of $43,000 per year for 20 years, commencing Jan. 1, 1921, and $44,000 per year for nine years, commencing Jan. 1, 1941, or an any interest period subse¬ quent to the optional date, pro¬ vided that 30 days' notice of in¬ tention to shall be bonds said given. pons redeem York called. i943. Legal on, or Interest ' v before ceases on date Jan. 1, / ARKANSAS * Arkansas , ! ' r bonds of the Phoenix, aggregating a City of total of $339,000 for which ;bids are to be funding our George- Sale Details—The airport bonds Bank sold of the $25,000 to the State of Delaware, of Georgetown, at a price of 112.02, as reported in v. 156, p. 1906, are in $1,000 denoms. and mature follows: as each of the years, 1953 and 1955. have likewise have strengthened, as bonds. There is a scarcity of offerings. Generally good conditions prevail through¬ the State $5,000 in 1947, 1949, 1951, FLORIDA CALIFORNIA Colusa County Reclamation No. 108, Calif.. Coral All Fla. Gables, W. signed — Federal Holland an approving On Judge Nov. on 20 interlocutory decree the plan of readjust¬ for, approximately $11,000,bonded debt of the city, ac¬ ment cording Florida to news dis¬ patches. to be seems decree, in brief, forced into plan a handful of creditors join the voluntary refunding plan launched in 1937, approved then by more than 94% of the security holders, it was Judge Holland also approved a of $10,000 to Attorney F. M. fee Hudson, .who was Special Master and payment by the District City of Coral Gables, already ap¬ proved by the Coral Gables Com¬ the case, mission, of a lump to Attorneys D. sum of $32,500 H. Redfearn, Morton B. Adams and Ira C. Hay¬ cock, who represented the city. ment "Tenders ceive Wanted Mae — City "Treasurer, tenders sealed will of W. re¬ refund¬ ing bonds series A and/or series B in the amount of about up $15,000, to 8 p.m. (EWT) on Dec. 7. Florida at opinion, a new Municipal financ¬ our Florida STOCK the following regular quarterly dividends: The 71st qtly. div. of $1.75 on the 7% Preferred Stock; the 62nd qtly. div. of $1.50 on the 0'ii Pre¬ ferred Stock; r.nd the 46th qtly. div. of $1.3712 on the 5l,2'r Preferred Steele. Payable on Jan. 1, 1943, to stockholders of record at the close of Board buslnets Directors of One is the has 10th. Dec. BOLLINGER, R. R. Treasurer. refunding and extend¬ ing of maturing principal will take of which The of most cases. care for the duration, other is the use, of monies from gallon gas tax which ordinarily would go to the State Road Department. It is ob¬ vious that, with road construction least at part the 4-cent at low a per level during the war, a surplus in road funds will large marks, in in era accumulate. Key West, Fla. Scheduled — Further action on the city's bank¬ Debt Refunding This constitutional amend¬ ruptcy petition in line with pro¬ pledges irrevocably, for a posed debt refunding plan is ex¬ period of 50 years from Jan. 1, pected to ensue at an early date, 1943, 2 cents per gallon gas tax according to press reports. The to be applied to debt service on case < was started about three ing. road county (State of) district road and bonds. resources to requirements from bond alone. taxes ad this been by Up to time the gas tax has legislative enactment as to amount allocation and these that so both of subject to change at the whim of any future legisla¬ tures. The most important ad¬ were vantage, therefore, of the amend-* is the pledge for a definite ment months ago in the Federal Court, petition was opposed by those bondholders who have not entered into the refunding and the city The gas tax has long been rec¬ ognized, here in Florida, as abso¬ lutely necessary to support debt service on road bonds, since many period of fixed amount a county to county per solely gal¬ \ administration agreement. The Court decided petition should be heard, that the the and next the will referee be to report the to decision. indebtedness bonded The volved in the case in¬ amounts to $1,- The bondholders of all except $250,000, have entered into the refunding agree¬ 400,000. that sum, Should the decision of the ment. Court permit the city to go into bankruptcy then the minority the bondholders tax become gas will Court, which will then make its the of action appoint a referee in bankruptcy to take testimony. After that action is concluded, continues amendment The per to be applied road and road district bonds. would parties to be forced to the refunding i.y), in the State Board of Adf plan, ministration, composed of the ILLINOIS Governor, State Comptroller and State Treasurer, but it grants this Bloom Township High School Dis¬ Board new and sweeping powers. trict No. 206, III. money In practical effect the Act cre¬ revolving fund from which ates a the State Board can allocate funds where most needed. A surplus in county can be transferred to one Bond Call —- The Treasurer of the Board of Education announces the call for payment on Jan. 1, 1943, at par and accrued interest, of 41/2% refunding bonds Nos. 33 another, temporarily embarrassed; to 64 amounting to $32,000. Dated such loan being secured by pledge June 9, 1941. Due Jan. 1, 1961. of future gas tax money coming The bonds, with matured and un¬ to the borrowing county. Re± matured coupons attached, should funding, sinking fund investments, be presented for payment to the and other matters pertaining to Citizens National -Bank of Chi¬ road bonds are all handled by the cago Heights. Board State of Administration. planning and final liquidation of the entire debt is now possible. Long the that does, ;however, which as we The provide of income and suitable chinery, istered, B. Upham, City Comptroller, announces that cer¬ tain numbered 3% refunding passage of this bonds of 1937, dated Jan. 1, 1937, automatically .cures have been selected by lot for re¬ all troubles with road bonds. source Call—R. Bond mere amendment • Chicago, III. range We do not subscribe to the view Act Delray Beach, Fla. Cramp, broader The overwhelming approval by the electors of the gas tax amend-- who refused to in a tractive. lon The the are market for Florida municipals pay Refunding Mandatory Creditors John price Sued By Bondholders—It is re¬ investors prices which, while above previ¬ ous levels, are still relatively at¬ valorem — a and beginning to realize that in spite of fewer tourists, total revenues, partly because of war activities; will still be at a high level. As a CO. & LIGHT DIVIDENDS declared POWER CENTRAL PREFERRED The yield counties do not have Debt DIVIDEND NOTICE JERSEY ment . The court approved plan is the Earl Page, same as the voluntary plan, oper¬ Treasurer, reports that ation of which was threatened in $564,438 of series B non-interest the spring of 1940 when opposing bearing road district refunding creditors' started litigation in bonds were purchased by tender State Court to get judgment on on Nov. 25 at an average price their claims. It was because of of 95.51. ;•■■■'. -r-r/ V.V. ■ these threats that the city in 1940 : Marvell, Ark. petitioned Federal Court for com¬ Bonds Sold—An issue of $10,000 position of debts to halt this liti¬ 4% street improvement bonds was gation and bring the opposing sold Nov. 24 to the Phillips Na¬ creditors under the plan. ported that suit is pending in Sut¬ on Dec. 22, subject to ter County, Calif.,. Superior Court approving opinion, we wish brought by individual bondholders to say that while these bonds are for lull payment of principal and being issued under a different interest on bonds of the above statute than the bonds held to be district after their maturity dates. callable at any time by the (State) Litigants declare that the case Supreme Court in its recent deci¬ will be carried to higher courts, sion in~ the case of Maricopa and that the outcome may have County vs. Osborn, et al, the ex¬ an important effect on investors. isting opinion of the Supreme The important point involved, Court is so broad in its implica¬ tion that our opinion on these according to attorneys, is whether refunding bonds; as well as other or not the statutes provide that municipal and school district interest shall be paid after ma¬ bonds that may be issued prior to turity on bonds upon which all the interest coupons have .been a further declaration by the Su¬ honored. This, they have argued, preme Court on the question must submitted in $1,000 denoms. State . ''Referring to the proposed rer par said. (State of) Bonds Purchased Opinion — With reference to the offering, the above-mentioned law firm, in a letter addressed to; tional Bank of Helena, at Refsnes, Ely, Beck & Co. of Phoe¬ of 103.65. / • nix, dated Nov. 20, 1942, wrote as follows: : at at County (P. O. town), Del. Farmers Irving Trust Co., New City, . Bond 3% 000 shall present same for pay¬ ment at the tlie date of de¬ livery will be considered. Inter¬ est J-J. City will furnish the final time." Holders of said bonds and cou¬ $35,000 in 1953. of the bonds will be Nos. the Farmers Bank of the State of Delaware, in Georgetown. Bonds are dated Miscellaneous receive district School — series Jan. on will District, 16 to incl., aggregating $5,000, have 20 been Clerk, The so-called "dollar" bonds rise. result there Unlisted Securities City School Del. - bonds Offering—John H. Udall, the gas out DELAWARE Out-of-Town Listed Markets Bond Fred by Cooper. Exchange Curb York New Committee Road below, which Florida municipal bonds, because of tax amendment discussed have shown the greatest bonds. bonds on 1935 all tically The suit against the district in¬ interest past month has shown an in the prices of prac¬ ma¬ due and in default. volves The increase present Some such involved action State and unfair issues, who have not yet later a demption on Jan. 1, 1943, at par accrued interest. The bonds and ma¬ properly admin¬ believe it will be, will, over the life of the amend¬ ment, take care of all road debt now outstanding, making unnec¬ essary the levying of any ad valorem taxes. INDEX Quotations: Page York Stock Exchange........2005 New New York Curb Exchange Other Stock Unlisted Exchanges Securities State and City 20?t 2026 2031 Department: Proposals and Negotiations. 1993 Corporation and Invest. News.2003 Dividends Declared and Payable —1997 Bond Gen. Road Gas vember A. and Tax B. notes Bridge Bonds Under Amendment bond bulletin Morrison as — follows: & Co. The issued of No¬ by Miami, the question of gas rev¬ due to a long war, being decreased to such a point that cur¬ rent requirements, two major remedies are apparently available. As to enues, Redemption Calls and Sinking Notices The Course of Bank Clearings Foreign Exchange Rates Auction Sales Fund 1997 2032- ..2002 .2002 THE COMMERCIAL & FINANCIAL,CHRONICLE 1994 5500 and will in series 4001 to are savings for investment in banks New York, Massachu¬ setts,. Connecticut and certain other States. Second high bidder bear the Co., New York. They following numbers: legal as payable at the City Treasurer's office or at-the Guaranty Trust be at the sale i Co., Louisville. Au¬ thority: Section 157a of the Ken¬ Constitution tucky Municipal Bond Sales In October statutes New financing thereto.' T'■ 'lKr: enacted pursuant Bond and amounted to Chicago, whose offer was R. D, Evans announces 4%~ road a price of 100.09 for 144s. ! and bridge refunding'.bonds: of The bonds are dated Dec. 1, 1940, Nos. 1 to .148,, are-called.for 1942. Principal and interest (J-D) payment 011 Jan. 1, 1943, at the payable at the city's fiscal agency, face amount plus accrued interest Topeka. Legality approved by to that date. Dated.Jan. i, .1940,! Bowersock, Fizzell & Rhodes of Payable, at the Continental Illinois Kansas City. " " : National Bank & Trust Co., Chi¬ 4221 4237 4245 4246 4263 4275 4286 4351 4353 4354 4357 4358 4359 4400 4481 4484 4487 4493 4496 4501 4511 4515 4517 4519 4520 4522 4552 4557 4614 4617 4618 4628 4630 4634 4739 Interest cago. KENTUCKY ceases 1943. 4740 4750 4751 4752 4758 4759 4767 '.J' Grayson County Public School Corporation (P. O. Clarkson), Ky. 4801 4828 4829 4830 4831 4832 4845 4860 4862 4866 4869 4874 4876 4877 3 V2 % 4899 4906 4923 4924 4942 4943 4983 building school is as in the seen than more fact $38,075,880. the sales in that October, The reduction in borrowings, priorities on materials, etc. Also contributing to the lessened loans is the wartime prosperity enjoyed by most taxing units,, which has greatly obviated the necessity of borrowing for vari¬ output of new ous purposes/such as poor relief and the funding of temporary debts incurred because of tax delinquency. As these conditions bid fair to continue throughout the war emergency, there is small possibility of sustained increase in municipal financing for the duration. Some as to the effect that the greatly enlarged Federal tax burden may, have on future local tax collections, No difficulty has. been experienced thus far, although some authorities any -question exists, however, , Lafayette, La* ,♦, Sale—The $56,892.50 Boiul revenue recently purchased by Federal LOUISIANA Sale—An issue of $15,000 Bond 4879 4880 4884 4889 4894 4896 4898 no is due in large measure to war conditions, as public bodies also subject to the restrictions on new building necessitated by are Jan.* I, on by States and their local subdivisions continues scale of course, .- 4186 4187 4192 4216 4217 4218 4219 reduced at on Call—County,Court Clerk Bank of, 4074 4075 4076 4079 4106 4108 4113 4114 4130 4134 4152 4158 4160 4176 4180 4185 4002 4035 4041 4043 4073 Monday, . December 7,- 1942 lumbia Trust the First National was • As believe that there is to seem re¬ the to calibre of cause for some concern in the matter. the municipal market itself, the situation cur¬ rently is exceptionally good. This has been particularly evident dur¬ ing recent weeks, as exemplified in the case with which the market funding bonds offered Dec.,: 1—v. 4984 4992 4994 5023 5028 5031 5044 bonds 5048 5049 5052 5070 5073 5074 5076 the 158, p. 1730—were awarded to the Securities Co., both of Louis¬ Equitable Corp. of- absorbed a substantial volume of liquidation effected by a number of ville. Dated Sept. 1, 1942. Inter¬ Nashville, and Scharff & Jones, insurance companies. Such selling, incidentally, is likely to be re¬ est M-S. Coupon in $1,000 denoms. of New Orleans, jointly,-on a bid sumed from time to time. Its impetuses derived, of course, from the Due March 1, as follows: $1,000 in of 100.05 for $33,892.50 2%s and fact That the sellers can obtain increased yields from Treasury issues, such as the 214% "taps." - Much the same consideration is behind the 1958, $3,000 in 1959 to 1962, and $23,000 214s. Dated Jan.,.l, 1943 $2,000 in 1963. Callable on any and due on Jan. 1 from 1944 to recent liquidation on the part of municipal sinking funds. The taxinterest payment date on 30 days' 1968 inch. Second high,'bid "of exempt feature is of little or absolutely no importance to these public published notice at 103 and ac¬ 100.17 for 2%s was made by the or private sellers. • • 7 . 4 crued interest on or prior to Sept. First National Bank of Lafayette. \. The following .is a comparison of all the various forms of loans 1, 1945; 102 on or prior to Sept. 1, Vermilion Parish Chain age Dis- put out in October of the last five years: ■ : ! 1950; 101 on or prior to Sept. 1, tricts (P. O. Erath), La. * " 1955, and at par thereafter. Prin¬ 1042 1940 1939 1941 1938 Bond Offering — R. E. Golden, $ cipal and interest payable at the $ $ Secretary of the Board of Com-!, Per,ma neijt?loans j '.38,075,880 64,652,526 177,142,181 52,480,059 105.167,119 Bank of Clarkson. ' : v- | was Bros. Stein & and Boyce, Bankers Bond 5080 5082 5084 5085 5088 5091 5092 5094 5098 5128 5129 5147 5148 5149 5152 5164 5165 5177 5178 5179 5191 5279 5325 5329 5331 5333 5334 5336 5340 5347 5348 5350 5363 5368 5369 5370 5371 5374 5377 5380 5382 5384 5392 5393 5395 5397 5400 5407 5408 . . Cook County Bond (P. O. Chicago), III. Call John — Treasurer, County Toman, has issued .. ■ a - call for the redemption on Jan. 1, 1943, American the at Bank of Chicago, numbered National A series : variously refunding of Proceeds from the sale of these $15,000 bonds and proceeds from $30,000 bonds sold previously are being used to finance the con¬ bonds of 1936. Supplemental Call mental call A supple¬ — issued was the by struction county of additional series A re¬ Jan. 1, Cook 1943. trict < the (P. O. Chicago), III. Call William — lows: 4V2S Nos. 4695 to Holders of said bonds should be notified are same presented for payment at the American National Bank & Trust Co., Chicago. Interest Jan. 1, 1943. on ceases has sue Sections has been created Evanston, III. city hall bonds was Evanston, 101.014. iy2S, at as Due from price of a 1944 to 1956 incl. of value property when completed will be of $80,000. Dec. 15 on Bond lease of said property on a the to Grayson County Fiscal son Gray¬ Court. the bonds payable are above-mentioned the rent¬ als, the purchasers report the fol¬ lowing as a matter of informa¬ 1963 to . other Webber, Jackson & Curtis cago, as basis Dec. 1, from lV2s, at of a about price of 101.27, 1.375%. Dated 1942, and due 1943 to of Chi¬ 1962 on incl. Dec. 1 Second high bid of 101.04 for iy2s was made by Halsey,Stuart & Co., Inc. KANSAS Wichita, Kan. Bond Sale—The funding bonds $320,865.12 re¬ paving and sewer and offered scribed in Nov. 30 and 156, p. 1907—were awarded to Halsey, Stuart & Co., Inc., Chicago, as lVss. at a price of 100.152, a basis of about 1.09%. The bonds are mature dated Dec. annually from 1943 to 1952 incl. on 1. 1942, Dec. 1 Reoffered prices to yield from 0.50% to 1.15%, according to maturity. The bonds, in the opinion of counsel, are general obligations of the city are regarded by the bankers sourees, or a total income of about $96,678 for general school Feb. 1 from Interest Nov. 17. 60,769,063 15,991.406 i, w—I—' None None None 1,500,000 392,338,880 497,952.742 403,905,746 320,354,600 None i 368.413.682 municipalities in the United States emitting longseparate issues, made during October, 162 and 175, respectively. September, 1942. '/ were For 1 This contrasts with 107 and of y- .*>•• ofan were the add the following table, showing obligations by States and munici¬ we palities in the United States for October and the 10 months for series of years.' : The collection comparative purposes the aggregate disposals of long-term pay¬ F/A. voters None 33,926^815 212.027.181 318,000 1, 1943; *: • Month of v - //"■ For the ^ October • 1942_L..://:—: ' Ten Months • V* October * a V For the Month of .* \ 1935—S71.816.034 Ten Months $38,075,880 $488,294,996 64,652.526 821.540.468 1934—L . 42,748.755 725,660,514 1940—177,142,181 953,668,243 1933.-1— -i... ' 55,917,492 392,580.167 52,480,059 955,690,419 1932. 105.167.119 800,602,665 1931__:..„„— 28,097,090 769.778.618 1930—— 1936—83,194.067 955,500,882 1929—1-.. 19'4i:„i_-u:—. re¬ 1939—11—— Legal opinion of B. 1938—1—1. Campbell of New Orleans will 1937———— r MARYLAND ' - T • $973,869,107 43,763,719 : 701,938,924 16,127,447 1.156.129,993 155,536,473 1,211,857,702 .118,736,328 1,056,135.088 • Following is a complete record of the various issues sold during October:" : _ Frederick Authority (P. O. Frederick), Md.-;.i • < Bond - Treasurer, sealed that Gy^rent local tax levy purposes. Kentucky (State of) ' J. L. Donaldson, Commissioner of Highways, has issued call for re¬ demption on Jan. 1, 1943, of vari¬ ously numbered 1%, 2%%, 3% and 3V2% bridge revenue refund¬ ing bonds aggregating $344,000. Whitley County (P. Q. burg), Ky. Bond Offering — R. Williams- D. bids will bids until 10 a.m. the purchase of ceed 3!''2% bridge on Dec. interest road refunding .bonds Interest J-J. 10 for $75,000 not to of Denom. $1,000. as follows: $5,000 in 1944 1946, $7,000 in 1947 to 1950, and $8,000 in 1951 to 1954. Rate of interest of 1%. payable to be in multiples of Principal at the and lA interest Fidelity and Co¬ rl25,009 100.15 0.96 —...1 1943-1952 36,000 100.15 0.96 No.. 1951 —1% Y. 1947-1949 S. 22, City,'Texas, Berlin 1459 Beverly, 1943- 1957 Bridgeport. 1458 1373 Boston, Mass. 000 offered notes Dec. % 7 was and Calhoun York, Co., New interest an jointly, rate of premium of $78. Re-offered & Bank Camden and 0.60% / second high bidder, nanaed 0.72%, plus $92. of offered Nov. 24 were due on Boston Corp., 0.68%; Gold¬ Taunton, Note 000 Sale—The notes offered to Nov. the First Co., 1947-1952 5,000 100.11 1.71 30,000 100.27 1.20 300,009 101.05 1.66 1562 Cumberland, 101.31 1.65 1373 Cuyahoga 1375 Dallas Md. ——— Falls, 1953-1959 11% Ohio——: 2 t • '/Texas 1285 Denver . 1197 .' Housing Colo. Dover, East Ohio—— 1943-1945 Rapids, N. J.. Mich ! Dist., Fire N. 1197 Boston Elyria, Ohio —— Englewood, N. J.—:—i 1-98 100 2.04 100.07 15,000 1950-1953 r26,000 100 - 2.45 1.83 10,000 100.39 t\45 11.30 1943-1951 69,000 100.04 1.291 Y.——1.70 1943-1952 17,000 100.11 1.67 —1% Pittsburgh S. D., Pa.———1% 1943-1967 35,000 100.89 N. Y. (2 issues)-1% 1943-1951 T31.500 100.05 1.74 100 2.00 Ohio 119.7 Euclid, 1374 Everson, :: Texas 1480 Fanwobd, N. J 1584 Floral Park, N. Y 1195 Florissant, 1948-1951 —1.20 Sachs & Co, 0.56338%; First 1284 Franklin Co.. National Bank of Boston, 0.579%". ^nd Merchants National Bank of 1369 Fresno- Housing 1.16 r60,000 100.11 1.18 60,000 - 1948-1956 426,000 100.68 2.676 1944-1962 10,000 100.53 3.44 _2V2 —2% 1943-1962 50,000 100.18 2.48 r27,000 13,750 Ohio 1943-1946 18,000 100.11 0.96 1944-1954 21,580 100.93 1.35 1943-1957 1 2% 1L 83,000 100 1.65 100.16 1.74 5,000 Authority, various Heights, Ohio——J13 Ind/ ———1—-1%' 1943-1952 1284 parfield 1562 Gary,' 100.45 1-24,000 .1948-1951 —- 2 Mo. Calif.—- 1944-1951 1.69 —2% 3V-> . N. J Co., 4,000 2 1% Pa. 15, - 100.18 500,000 —■ Grand 1460 • 2,236,000 1943-1972 .—various was - -w Authority,. 1—_l - Orange, 1459 East •1196 37\000 rllO.OOO 1943-1985 Darlington, S. CH/——ll—2% 1369 1 . 1947-1955 . Authority, :1 .1 l_L_!_• —ivarious Housing Elkhart Co., Ind • 2.48 rlOO.OOO 1944-1951 1650 •- 2.61 1944-1948 Fannin ■ 100.31 100.27 •, 127,000 1943-1962 1286 Boston/0:68%;.' r9,500 r40,000 R.- I.I—_1% Fair Lawn, man,, 0.95 Cranston, Eaton, Ohio Ripley & Co.. 0.55%; Gold¬ 100.16 60,000 Conneaut/ Ohio ———-1% Crafton 3. D., Pa.__—_1—-1% 1651 County Trust Co, 0.517%; Harri¬ 4.438 1565 1372 man 2.07 99 1461 1373 East Rockaway, 1942, and due Nov; Other bidders: Bristol 3.25 100.23 17,000 r32,500 1961 Co;,r Miss.l——1—1%- East 24 : 1944-1962 . $250,- Too 64,000 ( * 21,000 issues)..3 ; 1372 of '* 1946-1955 Miss.— .——1-2%" 1285 • 4.50 5.00 1943 •1948 N. Eastchester • 100 100 d25,000 1962 1943 •1952 _C—r— Copiah Co., Miss.-—I——3-2% Dated Nov. 15, 1943. (5 "Miss. 1460 Mass. issue Claiborne 1563 Coahoma to and March. 12 Sachs & Co., 0.77%. man, Co., 1563 notes April 13, 1943. Other bids: Harri¬ man Ripley & Co., 0.63%; First National Bank of Boston, 0.634%; First Claiborne 1.61 rT26,525 1946 1943 i 1.93 •• r65,000 1981 ChoraW, S. C— 1195 at 0.58% dis¬ Dated Nov. 24, 1942 and $200,000 City, 100 100.58 " Boston, jointly, count. Cheektowaga, - ••T3.000' 1960- ■1962 S. C..„-1.5 11-- —111-_!3 Iowa—1-^3% N. Y.—.i—-.1-2.10 Cisco,- Texas Charles D., 1563 the National Shawmut Bank, both of 178,000 •• 1943 -1965 Co.,..Ky',"— -—111-1.11— -4',? Carroll Central-Hi S, 1373.Columhus- Co,„ awarded 30.000 ' ; .-—1—4% 1565 'Chester/Pa.'i._—-.1—:-l-l il-w-1 / 1458 Chicago fieights. Ilk— -11--2%: '.;/,; The, $400,000 — 18,000 1198 New Bedford* Mass. Nete Sale 1944 •1948 i._"—'--.1ij—1% Campbell';" Ohio 1282 rate a 367,000 1943-1967 — 1566 Hal¬ Stuart & Co., Inc., New York, sey, J. 1460 Due Oct. 1, 1943/ to yield 1.67 100.19 1943 -1972 - Housing Authority, 1285 a 1.06 100.13 1943-1947 1650 naming 0.67% 100,21 54,000 ■" C.,:_—-—^—3 ' -1--.various 3. Camden, 1372 1373 1.44 r692,000 j/ Co./M4ssvi_'l——--1-1—'3 1198 Trust Chemical the .1.61 1943- •1951 Butler ,->N. 1,17 101.12 100.17 > 1944- 1952 1563 Corp. 105.73 5,000 15,000 ,,—1.10 1565 awarded to the First Boston 16,000 16,000 1944- 1948 1459 -Bridgeton, Note Sale—The issue of $5,000,- 0.74 30,000 1944- 1951 N. J.—,——;——.1—11.70 Twp. S. D., Pa.1.1—^11—3 ——, 1.22 100.01 3,000 1944- 1959 —. Conn, 100.12 35.000 1943- 1957 Mass. - 22,000 1943- 1947 —-0.75 Big Spring, Texas——. 2-2% Bloomington, III.' —^1—-—-2.VV Blue. Ash S. D.f Ohio——.J——1—1% Brazil,. Ind. ——~Vk 1566 r6,000 194-4- 1948 1.33 100 2.500X , - fa,—l1// Heights/ OhiO-ll— 1652.Beavef S. 1460 100 r90,000 1369 j MASSACHUSETTS" 1 Co., Ehrhardt S. D. C.—■——4^' Bamberg Bay , 1379 Corp., Boston, at 0.485% discount.: to 1943-1947 N. 1566 ton, Morrow & Yost of Baltimore. and July 1, 100.16 N.'Y.l———-11—11 Auburn. 1198 1943 to ,1957 -inch Legality approved by Niles„ Bar¬ awarded Due 75,000 Auburn, 1460 • 1 from Basis 1460 purchase of $55,000 series A Housing Authority bonds. Dated Ded 1, 1942. Denom, $1,000. Due June Price" r$65,000 1563 the on Amouri Maturity Rate —^.1—12 Abilene, Texas —1. Alliance, Neb.-' - received ex¬ 1943. Name • Co., Alcorn 1286 announces- . be ,1 1459 until 1 p.m. (EWT) on Dec. 10 for Evans, County Clerk, will receive sealed . Page'No. L.; Shaw, the Merchants National Bank and Bridge Revenue Bonds Called— t Housing Offering—John Secretary for the Grayson County Board of Education Is 75 cents. ; de¬ v. by 55,000.000 None Possessions Territories 128 for be furnished the successful bidder., taxa¬ — frora tw0 sources tion and price of 102.16, a basis of *lon anY per capita payments State of Kentucky. about1.835%. Dated Dec, 1, 1942, • from the Budget for the fiscal year, 1942-43, and due Dec. 1, 1957. Second high provides for an income of about bid of 101.46 for 2s was made by $40^10 from local taxation, about Harriman Ripley & Co., Inc. $51,384 from State per capita pay¬ IOWA ments, and about $5,184 from Paine, and S. The number of spective districts at .election held „ , a City, Iowa on incl. .30,009,000 None term bonds and the number of payable from the'levy-, are The Grayson County Board Education derives its income 1942 offered Nov. 26—v. 156, > of 1370—were awarded to Halsey, f • Stuart & Co., Inc., Chicago, as 2s, ™amly Mason Due Feb. 75,000,000 None "Including temporary securities issued by New York. City; None in October of 1942, 1940, 1939; $30,000,000 in 1938. ^ the All* of 325,000,000 None A". 1941, tion: p. Sale—The $50,000 airport bonds offered Nov. 30—v. 156, p. 1818—were awarded to for - Under < While Bond and for, $650 .1942, unlimted ad valorem tax and yearly County Board of Education by the from $30,000 series second issue refunding bonds and will be dated bonds A. exclusive pledge of the gross and revenues derived by issue. able,-semi-annually These bonds equal to the amount of bonds out¬ of at 1946 payable from and secured by the Sale—The this of case check 147,477,500 275,000,000 (Canada.) Total Drainage : District Certified 24,347,360 income INDIANA and in on excess agrees to properly maintain the question1 property and keep it insured at issuing $6,000 water works im-' all times in an amount at least held Gary, Ind. a bonds. 117.836,750 - for $10,000- .South p.m. Tigre Bayou authorized standing. at trict; at 3 92,308,810 ___ (perm.) Bonds of U. accom¬ check certified a assessment estimated of the lease, the Grayson County Board of Education also City, III. provement bonds. B, by 78.945,000 Placed in U. Placed in Canada { $1,000, payable to order of the dis¬ Denom."$500. Bond Election—An election will be panied terms Yates of Proposals must be loans Can. public improvement bonds, as follows: at 2. p.m. for $50,000 Bayou " Tigre Drainage ; District bonds. loans .Temp, 4%; in¬ exceed to terest, this The ers. 23 to the State Bank & Trust Co.1 basis of $60,000 not buildings, including all future ad¬ ditions, in favor of the bondhold¬ an awarded Nov. of bonds the land and on will received sealed bids until Dec. 21 for the purchase incl., 4421-38 4421-28 to "Temp., loans, ICJ. missioners, with accordance in . in Sale—An issue of $86,000 These bonds paid. of Carroll s 1936 Kentucky Stat1 utes. A statutory mortgage hen are Bond Grayson the Court, subject to when this bond is¬ been issued are 4894; 4s, 5044 to 5125, 5127 to 5245, 5249 to 5302 and 5305 to 5312. Consolidated new site, to Fiscal reconveyance calls for payment on Jan. 1, 1943, series A refunding bonds of 1936, as folNos. 4895 to 5036, 5039, 5041, 5042, school County Gorm- District Treasurer, ley, a High School at Clark¬ son, Ky., to be erected with WPA assistance. The Grayson County Board of Education has conveyed County Forest Preserve Dis- Bond of Grade and funding bonds to be redeemed on H __ ■ - 1954-1957 98.000 r 69", 000 . • Volume 156 Page Nor', '* 'Name v Y_— .1460 Glen Cove, N, 1943-1968 1566 Gonzales, 1281 1563 1286 1-244,000 1947-1952 1947-1961 Hampton, Va 1371 Harrison Co., 1"3C9 Hartford / Bond 25.000 1-40,000 102.32 1.87 .100 1.88 Housing, Authority, ~r-~, Miss Conn.: -■ Hobart, Hohokus, . 1943-1985. various N. —...... r / '■ . 1375 bonds. Hudson, Mass. 1943-1972 1943-1985 3,561,000* 100 1943-1952 ...100,000 100.78 Ind. Hull-Daisetta 146*2 • Humble S. 1564 Huntington, 1564 Huntington, 1194 Iberia S. D., 1943-1952' ■ D. No. Parish S. 1957-1961 Imperial, Neb. 1282 Jefferson I.561 Ketchikan, Alaska 1652 LaPollette, 1-286 Lake Co. S. D. 1282 Lawrence 1943-1952 ; Park S. D.,■ Mich._l'_Li-A,3 Lincoln 1458 1369 Los Angeles Calif. —1 Lyman Co. S. D. 21, S. 1565 Lyndhurst, Ohio J— 1562 .Lynn, 1286 McAllen, various Dak.——,...2% _2:'4 — Middletown, 1943-1972 1461 Milford. 2.75 4.00 100 d880,000 1944-1982 20,000 ; . T00T7 To 8 55,000 1943-1947 100.20 1.21 1-41,000 15,000: 100.08 0.96 1944-1952 78,000 100.52 1.41 1,500 100.27 1944-1965 22,000 101.04 2:40 1944-1963 1-45.000 1943-1950 1*8.000 Too" 13 1.67 1944-1952 9,000 100.17 1:47 1946-1952 25,000 100 3.00 U-J_—— Pa. .. —-r Co., !MiSs, <2 issues) .3 Va - Montgomery S. D. 6.. N. Y.—w„_ 1.70 1286 Montgomery S. D., Ohio_:.—1 Va Moore Co., TexaS— 1-3 1194 Morgan 1195 Mount 1197 Muskingum Watershed Con-> •> , 1944-1951 15,000 servancy D., Ohio— 1193 Newark Special S. D., Del .2Va 1504 New Rochelle, N. Y. (3 issues)-11.40 1943-1947 705.000 1943-1952 150,000 Beach, Fla 4Va 1282 Newton, Iowa l—4——14 1462 North Charleston, S, C— —.2V2 1562 Oelwein. Iowa —_1V» 1955-1972 33 1, .1960, to 41 to. 47 maturing bond 1, April 1962, on or after Oct. 1, 1943. The .bonds-will bear interest not ex¬ ceeding 2V2% including and to 1947, not exceeding 3% thereafter to and including April 1, 1;-1952/not exceeding 4% there¬ to and including April 1, after 1-395,000 1.788 100.38 1370 New Smyrna Ottumwa, Iowa after cost terest' will premium on In¬ not be any. 1 100.40./, w-~-3 —— Panama City, Fla 4 100.59 1.03 4.00 City, Fla.---——-i-—4 1-176,600 15G5 Parma City S. D., 1949-1953 1-45,000 VA 71.000 Penn 1564 Pennsauken 1374 Pittsburgh Housing Authority, Pa. -—various J— N. Pleasant "Valley -r 3.200 ,, 12.500 , ' 100 100.098 49.000 1943-1946 1943-1962 1968 1943-1955 V2 125,000 88,000 St. 1282 Summit, 111. Taunton, 1566 Tenaha Ind. S. — Mass, Ida. ' 1956-1961 ; 3,000 1372 1371 Worcester, Mass. N. 1943-1952 . 2 1-27,000 100 40.000 100 1952^1958 Total 100 5,000 101.24 1-95.500 1943-1947 13.000 1943-1952 60,000 100.24 0.93 1943-1947 9.500 100.38 1.55 2 V2 1943-1952 27.000 1943-1957 74,000 , CANADIAN MUNICIPAL Name Page No. : • BONDS SOLD DURING Maturity Rate Cap de la Madeleine, Que L_—4 1 Canada (Dominion of)——— of) (Dominion of) 1566 Canada (Dominion of) 1653 Canada (Dominion ofl__—_ 1376 Canada (Dominion of) 1376 Montreal East School Commis¬ sion, Que. ——.£ 4 1287 Canada Verdun . Roman Catholic Total Canadian ♦Temporary loan: sealed of 100.02 > 100.166 156, 2.465 1.24 100.01 • ■ 20 years 1943-1957 1818, p. are Sale—The $48,000 coupon bonds offered Nov. 24— 1818—were awarded to bridge v. 156, p. Boston, of as about Bank National Merchants the of IV4S at 100.63, a basis 1.12%, Dated Nov. 1, 1942, and due on Nov. 1 from 1943 incl.. 1952 to Other National Second IV4S) bidders: (for of Bank Boston, / in $1,000 denoms. May 1, follows: as providing for issuance of $130,000 refunding bonds approved Oct. 21 by the State Funding Commission Council Essex Nov. on County the by reading final given was local 12. O. Newark), (P. N. J. Re-Purchased Bonds Chase The — the and Bank National Chemical Bank & Trust Co., New Co., Newark, $800,000 4% hospital and park bonds. Dated May 1, 1908 and due May 1, 1948. ance Hudson O. (P. County $5,000 from Jersey MISSOURI Bond 98;42 . Basis 4.09 15,090 250,000 not included in month's total financing, a Approximate amount Third Victory loan, also excluded from October total. . purchase of $425,000 not 6% of issue Water works proved & 3V4 % $30,000 bonds — An refunding has been to legality by as interest coupon or of consisting bonds, registered $147,000 maternity hospital, 4th series, and $278,000 nurses' home, All of the bonds will 4th series. be dated Dec. Denom. 1942. 1, Due Dec. 1, as follows: from 1943 to 1957 incl., and $20,000 from 1958 to 1967 incl. $1,000. $15,000 Rate interest of be to for all of the bonds and by the same expressed ap¬ Charles the .bidder in a multiple of of 1%. Principal and in¬ County (P. Charles), Mo. O. St. be than less $425,000 nor more than $426,000. A certified check for $8,500, payable to order of the county, is required. Legality ap¬ proved by Hawkins, Delafield & Longfellow of New York City. '"*'/•/: Jersey City, N. J. Liquidating Sinking Fund State Sinking Fund — The State has since last May brought out by the municipality, it was recently disclosed by State Comptroller Homer C Zink. The Comptroller suggested the liqui¬ dation, he said, in the belief there to have be an end to County Court called $120,000 that when it came the city's se¬ curities would To Retire $120,000 Bridge Bonds —The oldest sys¬ of the in the State and most retired, Zink Question of Jersey City's solv¬ raised recently by Gov¬ ernor Edison after Mayor Hague ency was the Governor stated and his new Hudson County Tax Board were attempting to destroy the city's fi¬ nancial structure. Edison wrote Local Government Commissioner Darby asking if the city had not used "sleight-offinancing methods. Darby said the city is not now hand" in default and that the Local Gov¬ ernment therefore Board jurisdiction more than nances of those it has would no its over fi¬ have over other municipality that is required to operate on a any "non-political" credit sur¬ of Jersey City's finances is¬ sued several weeks ago by Wainwright, Ramsey & Lancaster of vey York New sultants financial City, con¬ the to municipality and other taxing units, revealed, among other facts, that by Dec. 31, 1942, Jersey City "will have re¬ duced its total debt by $16,175,000, or 23%, since 1936." Comment 011 the survey appeared in v. 156, p. 1818.) / . . ,/*./ • - Kearny, N. J. Bond Town Offering — Donald Allan, will receive sealed (EWT) on Dec. 9 purchase of $142,500 not Clerk, bids until 8 p.m. the for exceed to 6% registered interest coupon or Interest bonds. improvement general J-D. Dated Dec. 1, 1942. Denomina¬ $1,000, one for $500. Due Dec/1, as follows: $7,000 in 1943 and 1944, $8,000 in 1945, $10,009 in 1946 to 1956, and $10,500 in tion Rate of interest to 1957. multiple of lU must be the and be 1/ 10th of or same for in all of the bonds. Principal and interest payable in lawful money at the West Hudson National Bank, Har¬ rison. ; No proposal will be con¬ sidered which specifies a rate higher than the lowest rate stated in any legally acceptable proposal. Each proposal must Nov. 120 When the depreciate in value. sinking fund began 500 than $143,500. As legally acceptable pro¬ posals specifying the same rate of , nor more between interest the bonds will be sold to the bidder complying with the and offering to ac¬ cept for the amount bid the least amount of bonds, the bonds tof be accepted being those first matur¬ terms of sale ing, and if two offer to accept or bidders more the same least amount, then to the bidder offer¬ ing to pay therefor the highest price. The purchaser must also pay an amount equal to the in¬ terest on date of price. the bonds accrued to the payment of the purchase In the event that prior to the delivery of the bonds the in¬ come received by private holders from bonds of the same type and character shall be taxable by the terms of any Federal income tax the successful bidder may, election, be relieved of his obligations under the contract to law, at his selling its Jersey City bonds they bringing between 104 and 105 and by the time the last were purchase the bonds and in such case the deposit accompanying his amount to be retired for any six- sold they were ful bidder will be furnished with month period since the county six were Lewis and on in bonds for Clark the bridges, largest were down to 103. They recently selling at 100. bid will be returned. the opinion The success¬ of Hawkins, Delafield Commercial and Financial Chronicle (Reg. U. S. Patent Office) William B/ Dana Company, Publishers, 25 Spruce Street, New York, BEekman 3-3341. Herbert D. Seibert, Editor and Publisher: William Dana Seibert, President;. William D. Riggs, Business Manager. Published twice a week [every Thursday (general news and advertising issue) with a statistical issue on Monday]. Other offices: Chicago—In charge of Fred H. Gray, Western Representative, Field Building {Telephone State 0613) London—Edwards & Smith, 1 Drapers* Gardens, London, E.C.. Copyright 1942 by William B Dana Company. Reentered as second-class matter February 25, 1942, at the nost of/ice 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. AustraJ* and Africa 131.00 per year. NOTE: On account of the fluctuations In the rates if exchanee. remittances for foreign subscriptions and advertisements must be made in New York funds a 1%, state the amount bid for the bonds "overtaxation" in Jersey City and Charles the of one ones which shall be not less than $142,- would Trauernicht of St. Louis. St. is tem retained were Jersey City's water l/20th disposed of $875,000 of its hold¬ ings of city bonds and the port¬ folio now holds only water bonds .. -Price the exceed Commission OCTOBER the city's tax prob¬ m&de his recom¬ The water bonds because York, jointly, recently purchased from the/Prudential Life Insur¬ 1963 to 1969 inch, and Deepwater, Mo. Legality Approved he (A Carlstadt, N. J. Bonds Approved—An ordinance Bonds • as cash basis. NEW JERSEY ; mature 197.0 to 1972 incl. . Portsmouth, N. H. Bond $1,000 from 1947 to 1952 incl.; $3,000, 1953 to 1962 incl.; $4,000 from .funds obtained by r Refunding bonds. Amount $53,000 of Kiingsburg, as reported in v. and well reported. terest in, the amount of $2,000. •I Bond Issue Details—The $79,000 2V2-% and 2 Va % refunding bonds, series A-2, recently purchased by a group headed by Jac P. Ducournau before mendation to the Commission. (J-D) payable,, at the County Treasurer's office. Each proposal must state the amount bid for the bonds/which shall not indebted¬ MISSISSIPPI / /•, : ,.,1.08 municipal issues sold during October— $318,000 subscribed to Dominion's District — certificates of. 1938 1.43 . School Z-4 Dist., Que The .receive tenders until 7:30 p.m. on Dec. 14 0,89 100.19 *45,000,000 *45,000.000 —— *90,000,000 —— *45,000.000 i—.—— *45,000,000 -—-— al,000,000,000 (Dominion Canada 1376 1199 . 100.705 - bond Optional, k Not including 878,945,000 temporary loans or States and municipalities from agencies of the Federal Government, 1287 1.89 1943-1952 - d i28t 2.00 100 -v; 20.000 sales for October <162 municipalities ■ covering 175 separate issues).—k$38,075,880 / c 12,000 30,000 „■„___ Wanted Tenders Frac' 1, Mich. Hattiesburg, Miss. 1943-1958 issuesU— — Townships 3.50 - ' 25,000 Y._ ■ Treasurer / will •**il.22 100.16 42.455 • / -.0.90 - Lake and Erin ticnal School District No. ■ 2 the in 1943, 1, 1-70,500 1943-t1967 ^ Feb. of. $21,630. amount ness d254,000:, 1961 —I's - Yorkville, Ohio Zanesville, Ohio 2.54 . 1.60 Woodbury, N. J.— Yorktown, 100.10 1-31,000.. 1944-1979 IV2 Wichita, Kan. 1651 . 1943-1962 ;/ Pa,__ 1458 1197 : ; 1.87 / 2.00 100 -a -IV* West ness/due 1.19 >101.12 3V2 • West Easton, Pa,_ 1198 View, : .100.30 26,775 rlOO.OOO 1943-1952 — 1374 1564 39.000 1944-1963 1 Ore. 1.20 1951-1956 1956-1958 7:30 p.m. on Dec. 15 of certificates of indebted¬ • ——J—2 WaVerly Heights Rural Fire P. D., 1198 1.48 100.26 68.000 6.000 - Uvalde, Texas 1286 100.27 1-111,000 1943-1952 various —- :. 1.12 tenders until sealed 19.000 1957-1958 4-5 -IV4 1282 Urbana, lilt / years',/ D., Texas——3 V* 1370 Twin Falls Housing Authority, Tl2 100.51 285,000" 1943-1945 -—-—3V4 1562 3.78 100.51 1363.000 1951-1955 20 Spartanburg, S. C.———2 ;> S. D. 91, Wf.sh._ ' Stokes Co., N. C -2V'2-2®4 1282 100.80 82,000 Ohio———2 i457 Stuttgart. Ark. VT.46 as lem of its debt has been NEW HAMPSHIRE to will* receive tack larger occupants. for Ecorse, Mich. , Tenders Wanted—Alex. W. Law, 1.47 10 0.3 5 3,000; 1943-1952 ., ,-v * 1287 Stevens Falls 1460 ').■ City/ Comptroller, 66.000 1945-1962 ——————lVt South 1374 100.15 Miss Somerville, Mass. Boulevards. 1459 1373 7,000 D. Texas--—;--r-3Vt Somerville, Mass———1 1282 .Enclose a $1,000„ payable to the district. /r 100 ' 9.000 D. 42, S. C.„L——-_4 Sharkey Co., 1,75 3,500 1944-1950 1 3 1373 Schenectady, N. Y——_u——_1.20 1373 Schenectady, N. Y 1.20 1459 Sheridan Co. S. D. 3. Neb -.—2Va-3 1287 Shorewood S. D. 4, Wis.—^—__-l Va 1283 Sidney, Neb/——---..2Va 1563 or be will bonds for ■> Mo—1 Va Charles, 1286 Salem S. rate the district. 2.657 100 1-1,575,000 automobiles carried more senger fron, Clerk of the Board of Chosen Freeholders, will receive sealed bids until noon (EWT) on Dec. 10 1.75 1943-1979 Ridgefield, N. J———v_.—3 Ross Twp. S. D.. Ohio——1 V2 increase in paid by the certified check „■ 100.04 1943-1949 —-various Round Rock S. of , Reading Housing Authority, Pa. 100 limitation amount. Bids shall be conditioned the rdl.037.000 1958-1959 an City), N. J. Bond Offering—William P. Hef- 1-600.00 1943-1958 Quincy Housing Authority, Ill—various To 1.28 100.000 ; . \ factor was T:/(legality of the bonds. The cost Tirfof such opinion and printing of 227.000 15-20 years thereon interest unqualified opinion of 2.34 Miller, Canfield, Paddock & Too Stone, of Detroit, approving the -— — Randolph Co,, N. C,—__23'<-2 without upon 100.779 100.000 1943-1952 S. D. SpeciaLS. D. 6, Fla;_.J__4 1196 Port Chester, N. Y._ 1.20 1285 Portage Municipal Authority, Pa.. 4 *,*;, 1562 Portland, Me, '—1—IV2 1459 Portland Water Dist., Me.^-—-1_2 Va 1653 Provo. Utah -I——1*4-2 face truck traffic and the fact that pas¬ by taxable all upon and bonds the 1.98 " Polk Cb, levy 3.88 . /'' 100 to authorized is which 1.47 100.09 9,137,000 ——2V2 7. Iowa— Pa— Pittston. 1458 1.48 102 51 r463,000 1946-1958 —3.90 J._ 45.000 1943-1962 District 2.4*2 : . —1% Twp., Pa.-. 1198 1566 general obligations of the School property therein such ad valorem taxes as may be necessary to pay 100.05 1285 1461 be 4.19 . 100.68 1943-1952 Paterson, -N. XI96 will be will bonds The law i Ohio..'-—2V2 1372 Twp., / 98 1-1,600,000 Panama II.97 'considered. 15.000 1561 1461 V: v be No bid for less than all of the bonds 2.74 100 2,474 1943-1945 1561 1370 In¬ will ' ; 16.000' .■■■:• 1943-1952 1198 Pampa, Texas 1194 deductible in deter¬ as "computed to maturity. i 00.04 Iowa——————.4 Ottumwa. 1370 1943-1947 Towa._-—-l4,—ll._-u--lV4 1370 Ottumwa, considered mining the net interest cost. 37,000 d57,026 the the last 11 months, but influencing the said, deducting if made were effort to keep an Zink said he considered the vul¬ whose bid produces the low¬ interest Tor terest oh callable bonds 100.15 • 9.000 1943-1952 1.34 ; "100.94 1-50,000 1943-1952 1.18 "• 100.28 4.000 S. D. No. 26.S.C..2V4 /.xLL —234 1198 Orangeburg Co. 1370 ' ? 1943-1949 — * 113 60,000/ in • der The sales nerability of Jersey City's docks and plants in case of enemy at¬ 100.555; Halsey, Stuart & 1957, /and not exceeding 4 V2 % Co., par plus $254 premium; Perthereafter until paid, expressed rin, West & Winslow, 100.4444; .'in multiples of V4 of 1%. Princi¬ Arthur Perry & Co., 100.06; (for pal "and Interest payable at the 1¥2S) E. H. Rollins & Sons, 100.81; Detroit ; Trust Co., Detroit..; The Harris Trust & Savings Bank, bonds wiil be awarded to the bid¬ 100.647. . 1943-1962 made was during ma¬ after Oct. .1, 1944, and interest. 10% decrease in vehicle traf¬ a Tevenue or after 42 to 44 on cial houses. bridge manager, outstanding is $1,545,- 2b>% Maas interest, ,1, ;.1945; bond Nos. or on Nos, Hhe premium offered, y ■ Bond it is under¬ stood, were sold to Midwest finan¬ Maas, The- call of or¬ est V 33.995 Co., Ky._— Morris, Mich Oct. TiT April 100/7 X 180,000 1943-1952 il/sr Ohio Millheim, 1.88 j 1943-1945 Ohio 1563 Montgomery ■: 100 100 d67,000 15,000 Y,_ N. Middletown. 1373 520,000 V T32.6Q0 1952 .. follows: Nos:; 45 1944-1960 Texas 1651 14GO 2.70 a . 1284 1652 42,000 ■ , 1943-1952 Mass. 1282 1652 1562 3.934 100.256 ,164,000 v. : 1943-1952 ——^-—-——4 Mahanoy Twp, Authority, Pai—_-3?4 Maiden, Mass, —.~„1 !4 Medford, Mass. --I'.---—.:--*——1 V4 Meridian S. P., Miss.--—.4— 1282 100.086 250,000 1943-1956 accrued $105,000 July, the total is also Still at 000 30 days' published notice, any interest payment date as turing April 10.000 Housing Authority, >'■ ' 1652 ■ 3 Branch. N. J.l-l-ir—4—•^22!4 >•1.20 , 1-54,000 1943-1946 Logan Co.. Ky.— 3.00 100.25 1-120,000 .*•' 1943-1952 Twp,,'Ind—VA Sch. Too -T . A. said. upon on / 50,000 and the would but the market firm. both inclusive, will be redemption prior to par last with Lee to at said, in small lots in fic der 2.249 230.000 1943-1962 called De- 1, 1942. Zink the largest for a one-year period, refunding maturity in inverse numerical 100 3. S. Dak—~ 1195 Long 36.000 .3 •" Tenn. 1196 100.104 ' Dec. sales Most of the bonds, Combined p.m. 1.88 32,000 ,, 8 1,88 - bonds, become due late in Decem¬ ber. ! subject 100.27 11,000 1943-1962 La._——214-2'/2 Parish, 100.26. TOO.27 : have lost about $27,000 more had it deferred the liquidating policy. $3,000 in 1954 to 1962. Bonds Nos. 1.12 • 1-33,000 sissippi hpm. $1,000. Due April 1, as fol¬ lows/ S2.000 in 1944 to 1953, and 2.04 . 1943-1954 5, La.—.2'A .2tV 1 1195 40.000 1-15,000 1943-1952 Y.1.90 ___—1.1.90 N. N. Twp. , until . coupon Dated ,39 ,t.o 47, D., ——2% - 2 Vfe Texas_„——^2V2 'Texas,--: 1566 100 various i Authority,. Housing Texas 1371 234,000 1.87 ——V—Wvarious <2 issuesu—,.1 Vr Mass. Houston the G. Ralph — bids $47,000 pf 2.19 100.07 28,500 1.371 Holyoke Housing Authority, ■ 7 The State lost about $22,000 on took over the bridges, the Missouri and Mis¬ Rivers near Alton. The ago which span i(EST) on Dec. 9 for the purchase 1V84 75,000 "HII12.20 No. District Offering sealed ceive 2,697,000 1S46-1960 Okla. 1285 1564 Townships Eagan,. District Secretary, will re¬ 1690,000 3 !4 -3 V-i — ' years Harrison (P. O. Mount Clemens), Mich. 1-60,000 1943-1962 —2.10 MICHIGAN « arid' Fractionalt. School 225,000' , y/, / . Clinton 1.70 ,100.09 r78,000 1943-1968 Hampton, 9. C 1286 Texas— Ji 425,000 195G-1958 Grand Junction, Colo., ; Grenada Co., Miss.. 12 issues) _L...3y2 Basis Price .Amount' Maturity Rate " ,> Calif...... 3/4 • • 1-80 —„__3-3V2 Dist., Glen-Colusa .Irrig. ■1561 1995 ^HE COMMERCIAL & FINANCIAL CHRONICLF Number 4131' THE COMMERCIAL & 1996 & about Longfellow of New York, that bonds are valid and legally and the 850, payable to the town. of the general plan, the township terms the nancing nounced 1 of total a and bonds funding would it that Dec. on Township, N. J. to to Bonds—Pursuant Retire refi¬ $52,000 Commissioner indebtedness. Trust Gecrge C. Machetto has A. VY;0Y;- ."Y; Taylor Nov. 30—v. 156, Dated June 1944 Dec. 1945, Bidder— H. Rollins & Sons. Inc.. Hewfcurger, Loeb & Co Blair & Co., Inc........... George B, Gibbons Si Co.,; Inc. :... , C. F. Childs & Sherwood & Co., Bond made by the First Corp., Durham, and the was lotte, jointly. Davidson & 1.68%. Dated Note & ; • • ■ - County (P. O. ton), N. c. composed Lexing- Co. purchased $50,000 of Winston-Salem Nov. 24 on revenue interest. Manor, N. Y. Due Iredell an notes issue of at N. C. Bond Dec. Dec. for 14 (EWT) 1.90% 100.10 ■ ■ E. Easter- Commission,,will receive at Raleigh, until his office in 11 a.m. (EWT) on for the purchase of $152,- the 1 the in denomination Mitchell of New York of furnished $679.28, said bond No. 1 to be in typewritten form. Due May 1, as follows: $25,679.28 in 1944, $25,000 in 1945 and 1946, $35,000 in 1947, and $37,000 in 1948. Rate of interest to be in multiples of Va or l/10th of 1%, and must be the for same all of the Delivery Chase York. National The bonds will be bonds as to rate valid fixed as by the created the of Peekskill of the able from the of which F. Trust Co., Rothschild & Co., , Lowber Stokes & l%s, at as 100.229, of basis a Co. a of price about general refunding June 1 from bonds. 1950 to of 714,000 Due Due, on 1953 incl. school refunding June on bonds. from 1 1950 to 1942, the 20 and re-offered by were successful dated Dec. are bidders to yield from 1.25% at prices to 1.40%, ac¬ may, of at his his tract in election, be relievedj obligation under the con¬ purchase the bonds and to such case the deposit accom¬ panying his bid will be returned. The approving opinion of Dillon, Vandewater & Moore, of New York, will be furnished to the purchaser without cost. Enclose a certified able cording to maturity. included received by private holders from bonds of the same type and character shall be taxable by the terms of any Federal income tax law, the successful bidder check the to for $2,960, the voters issue of $75,000 an election approved FOR Bidder— Hempstead, N. village —were on Associates .%........... Trust & Savings Bank, and First National Bank of New York, and Associates..,..,.,,...... Chemical Bank & Trust Co., and F. & at price offered to S, Maseley & Co., and Associates,. Bras., and Phelps, Fenn & and Associates............. Co., . of 100.468, a 100.12 FOR Chase and National Goldman, 1.60% Bank BONDS of Sachs 100.10 York New & Associates Co., du offering at the to purchase the interest cost lowest amount of the premium Wentworth fered Dec. New Horton, Town Su¬ 1—v. 156, C. York, jointly, 100.07, a p. F. 1818— Childs & Co., both of as 2.40s, at a basis of about 2.39%. Dated Dec. 1, 1942 and due $2,000 incl. on all of the bonds until their upon respective maturities. less than par will be forms No bid of and accrued interest entertained. to be obtained above-mentioned Bidding from official. the Legal opinion of Masslich & Mitchell of New York City will be furnished the successful bidder. A certified check for $3,040, payable to order Treasurer, is re¬ quired. In the event that prior to the delivery of the bonds the the State from bonds of the same type and character shall be taxable by the terms of any Federal tax income law, may, the successful bidder at his election, be relieved of his obligations under the con¬ tract to purchase the bonds and such case 14 balance, but than bid no two . County, each mined ' cost deter¬ the total amount of the premium bid from the. 000 No bid of less than par and accrued interest will be entertained. T Y ' ' . A certified check for the order $1,640, , bonds, Series C, due May 1, 1943. The remainingY $25,000 of said road improvement bonds will be paid from moneys in the Sink¬ ing Fund.;yyy.:■ y■ : Dec. 1 from 1943 to 1957 Bond N. C. Offering—W. ■ E. Easter- ling, Secretary of the Local Gov¬ ernment Commission, will receive sealed bids at his office in Raleigh until 11 (EWT) on Dec. 8 for the purchase of $82,000 not to ex¬ ceed 6% interest coupon, registerable as to principal only, road and bridge refunding bonds. Dated Dec. 1, 1942. Denom. $1,000. Due June 1, as follows: $18,000 in 1961 and nished and $23,000 in 1964. Non-callable. Principal and inter¬ est (J-D) payable in New York City. The bonds are unlimited tax, general obligations of the / '""V. . & chase of the issue. '• ' " the successful bidder. by private bonds of the holders Ohio shall Ybe terms and due Stranahan, Toledo. and in such the deposit accompanying his bid will be returned. The official cludes the call -%Y for . : , bids Y! in¬ following information Co., :Y 'YY';-:YV;V;::Y^ Gage, Okla. . Bond Inc., ■; vY%r'Y'3-Y'Y % Sale—The $15,000 airport Nov. ■ 24 were bonds offered awarded Bank to & the Trust First Co. of National Oklahoma City, as 4%s. Due $1,500 an¬ nually from 1945 to 1954 incl. reference to the county's history: YY";• At Dec. 31, 1933, the county had Harris YY;•'; Y ;Y" his bonds the as the election, be relieved of his ob¬ ligations under the contract to to follows: $5,000 May 1 1, 1947, and $6,000 May 1 and Nov. 1, 1948. Second high bid of 100.24 for 1*/2S was made by re¬ by awarded of and Nov. from of any Federal taxable Co. Columbus, as IV2S, at a price of 100.472, a basis of about 1.41%. Dated Nov. 1, 1942 type and char¬ same acter 1819—were p. In of the bonds the income ceived i-S Ohio ' YY Bond Sale—The $22,000 refund¬ ing bonds offered Nov. 30—v. 156, the event that prior to the deliv¬ Okemah, Okla. Bond Offering Mrs. — D. T. Thomas, Town Clerk, will receive sealed bids until 7:30 p.m. on Dec. $840,000 term bonds outstanding, all maturing between Jan. 1,1934, 7 for the purchase of $50,000 air¬ Due as follows: $8,and July 1, 1944. n Since 1933, port bonds. 000 from 1945 to 1950 incl. ancl $295,000 of these bonds were paid and $450,000 refunded ($119,000 in $80,000 in 1939* $99,000 in 1940, $70,000 in January, 1942, and $82,000 now offered). These 1938, refunding;: bonds have been and are being sold and issued under a plan prepared in 1937 and with maturities fixed by the Local Government Commission. Y A11 the while; the county has retired a substantial amount of serial bonds and State nually. loans The falling bonds due an¬ offered now $2,000 in made 1951. the to Award bidder will be offering the lowest rate of interest and agree¬ ing to pay terest. A par and certified of the bid in¬ accrued check for 2% is required. , OREGON :YY-:. Medford, Ore. Offering—M. L. Bond Alford, City Recorder, will receive sealed bids until 7:30 p.m. on Dec. 8 for the purchase of $139,000 not to bridge is¬ exceed 3% interest refunding 1, 1923, and pay¬ water bonds. Interest J-D. Dated able Jan. 1,: 1943; $53,000 5y4's Dec. 15, 1942. Denom. $1,000. Due and $29,000 5's being outstanding Dec. 15, >as follows: $19,000 in balances of $70,000 and $30,000 is¬ 1943 to 1945, $20,000 in 1946 and sues, respectively. How much of 1947, and $21,000 in 1948 and the last of these term bonds, $95,- 1949. No bid for less than par 000 payable 7-1-44, will be re¬ will be considered. Principal and to refund road and are sues dated Jan. funded depends upon success of interest payable at the City liquidation of certain old sink¬ Treasurer's office. The bonds will ing fund assets partially frozen. be sold subject to the approving At the time of the first refunding opinion of Teal, Winfree, Mcissue of $119,000, May 31, 1938, the Culloch, Shuler & Kelley, of outstanding debt was $1,313,700 Portland. Enclose a certified ($1,221,000 bonds, $92,700 State check for $2,780, payable to the loans). Since May, 1938, new debt city. of $79,500 has been created. The Bond Call—City Treasurer Oris county had difficulty in meeting Crawford calls for payment on its obligations during the depres¬ Jan. 1, 1943, water bonds Nos. 637 sion period of the 30's but was to 925, dated Jan. 1, 1927, and able condition this correct to without assistance other than with the plan referred to. In July,-1937, default occurred inadvertently in of a eliminated in the was few and months no course default has occurred since. maturing Jan. 1, as follows: $17,1944, $18,000 in 1945, $19,in'1946, $20,000 in 1947, $21,000 in 1948, $22,000 in 1949, $23,000 in 1950 and 1951, $24,000 in 000 000 in 1952, $25,000 in 1953, $26,000 1954, $27,000 in 1955, and $24,000 in 1956. Payment of the prin¬ in cipal amount be made DAKOTA NORTH Leeds School District No. 6, of bonds will said said date, at the Na¬ tional City Bank, New York City, Fiscal Agent of the State in New on N. Dak. York, and holders of such bonds $18,000 refund¬ to be redeemed are notified to ing bonds offered Nov. 23—v. 156, present the same with all unma¬ p. 1819 — were awarded to the tured coupons thereon at said Farmers State Bank of Leeds, as time and place of payment and Bond Sale—The 2%s, at a price of 100.68, a basis Nov. 1, 1942 of about 2.39%. Dated and due to 1955 $1,500 incl. a.m. 1962, ■■ Miller Scioto County (P. O. Portsmouth), pay¬ 000 bridge and road April 1, 1943 and $100,000 of the $125,000 long-term road improve¬ : Co., Cleve¬ land, and Ryan, Sutherland & Co., Toledo > participated in the pur-* of the State Treas¬ principal payment of an issue, due to error in record of maturity. $52,bonds due 1, 1942 and due $32,April 1 and Oct. 1 from Hay den, 1, This The proceeds of the bonds now 27 Dec, on land. Legal opinion of Reed, Hoyt, Washburn & Clay of New York City.will be fur¬ with Nov. 1943 to 1947 incl. Second high bid 100.13' for 31/2S was made by the First Cleveland Corp., Cleve¬ is required. debt $320,000 delin¬ offered all of the bonds until their respective maturities. case notes of aggregate amount of interest ery tax Dated to the be such cost to by ,; deducting Cleve¬ 156, p. 1730—were awarded to Hawley, Shepard & Co. of Cleveland, as 2%s, at a price of 100.28, a basis of about 2.63%. "bidder must specify in his bid the amount of bonds of each rate. The at the lowest interest O. —v. name and (P. Sale—The quent of the may rates, Note < bonds (having the earliest ma¬ turities) and another rate for the more County land), Ohio expressed in a of 1%, Each bid offered will be used to pay 100.209 Greenport), N. Y. awarded to price of bid from aggregate amount of interest Sampson County (P. O. Clinton), and y.;. Mattituck Park District bonds of¬ IV2S, basis of as 100.171 an the 1909 Francis I. Co., New York, Cuyahoga be ment Lehman Co. and Sherwood & by 100.179 the pervisor, reports that the $30,000 Y. Dec. 1—v. 156, p. awarded Pont a bonds Rate Bid on Sale—The $216,000 park¬ place BONDS Harris were ing 1%% ' ' tion bonds. Bond rate. deposit accom¬ panying his bid will be returned. Gity Bank of New York, 1 R. W. Pressprich & Co., Estabrook / & Co., R. H. Moulton & Co., C. -F.V:-">•/.: Childs & Co., and Gregory & Son 100.20 Halsey, Stuart & Co., Inc., and George B. Gibbons & Co., Inc., and S. airport construc¬ each to the in Park District Bonds Awarded— O. Saranac Lake), N. Y. 20 following: Southcld (P. O. Bonds Voted—At Other bids National Harrietstown (P. Nov. the pay¬ town. bidder bonds ers 1, In the event that prior to delivery of the bonds the in¬ come of income received by private hold¬ All of the bonds year. the more and each bidder in his bid the bonds of name The bonds will be awarded to the of 1953 incl. City is L. Hutton $1,886,000 the of 156, p. syndi¬ a 1.473%. Sale consisted of: territory town, the period of prob¬ usefulness to Traders & Philadelphia, to incorporation of E. Edward adjust the rights and liabilities of the town and City of Peekskill arising out of 1—v. rates, specify amount $2,600,000 & Co., Coffin & Burr, Inc., all of New York, and amount. Board must bid may no than two the W, are issued pursuant to Chapter 653 of the Laws of 1941, for the purpose of providing funds to pay the town's share of obligations chargeable to the Auditors Dec. awarded but ance, county, such cost to be de¬ termined by deducting the total Buffalo; Said bonds town The — offered facturers without or at (having the earliest ma¬ turities), and another for the bal¬ Co., Inc., all of New York; Manu¬ New property within which subject to the levy of ad valorem taxes to pay said bonds limitation 16 bonds composed of Smith, Barney & Co., Harriman Ripley & Co., Inc., First Boston Corp., Blyth & real thereon, Dec. cate will be interest Sale 1909—were legally binding general obli¬ gations of the town, all the tax¬ and about bidder. Rochester, N. Y. and able City/will be successful or on Bond bonds. Bank, the the Chemical Bank & Trust Co. Principal and interest payable at the at Rate purchase the nom. , No. delivered income tax Y law, the successful bidder may, at $1,000. Due June 1; as fol¬ .1 2% 100.30 on Nov. 1 from 1947 to 1961 incl. lows: $50,000 in 1965 and 1966, Cortlandt (P. O. Croton-On-Hud- Bidder to name a single rate of and $52,000 in 1967. Non-call¬ YYY"' ' son), N. interest, expressed in'a multiple able. The bonds are unlimited of Va or 1/ 10th of 1%. Principal Bond Offering — Ellsworth E. tax, general obligations of the Johnson, Town Supervisor, will and interest (M-N) payable at the county and-principal and interest receive sealed bids until 11 a.m. Chemical Bank & Trust Co., New (J-D) is payable in legal tender (EWT) on Dec. 8 for the pur¬ York City, except on registered in New York City. Delivery on chase of $147,679.28 not to exceed bonds which is payable by the or about Dec. 22, 1942, at place A certified of purchaser's choice. Rate of in¬ 6% interest coupon or registered Village Treasurer. check for 2% of the bonds bid for terest to be general town bonds. Interest expressed in a mul¬ is required. Legal opinion of tiple of Va of 1%. Each bid may M-N. Dated Dec. 15, 1942. DeCaldwell, Marshall, Trimble & name, one rate for part of the nom. $1,000 each, except bond • be purchase of 000 not to exceed 6%.: interest $15,000 not" to exceed 6% interest coupon, registerable as to princi¬ coupon or registered series No. pal, refunding road and bridge 64 refunding bonds. Dated Nov. bonds. Dated Dec. 1, 1942. De¬ on 100.124 100.10 100.16 • to multiple of able to . Offering—W. bids, 8 will may name one rate for part 0.49% in three months. County (P. O. Statesville), ernment — interest urer, sealed Offering of upon Sale—The Wachovia Bank Trust sealed bids until 3:45 p.m. 1.80% 1.90% v • 103.21 and place of purchaser's choice. high bid »bonds will be awarded to the bid¬ $10,000 2%s and $35,- der offering to purchase the bonds Southern Investment Co. of Char¬ Y. group about s Clyde F. Howes, Village Clerk, will receive Rate Bid 1.70% and Co. 1.90% from 1 Monday, December 7, 1942* 1, 1942. Denom. $1,000. Due $1,000 Int. Rate E. of Pelham 1942 and $1,500 in $2,000 from .Other bids: . 100.02 June ling, Secretary of the Local Gov¬ 1, and 1956 incl. 1.80% 15, 1942 and due serially on May 1 from 1944 to 1959 incl. 1, as follows: and 1946 to Childs 2 Securities ......... Sale—A 000 • on Dec. 1962 incl. Second of 100.02 for Dec. New York, as 1.60s, at a price of 100.018, a basis of about 1.597%. - 100.11 of . basis a Halsey, Stuart & Co., Inc., due ;•/' . Co., Sherwood & Co. and Newburger, Loeb & Co., all of New York, was the suc¬ cessful bidder for the $126,237.77 general city bonds offered Dec. 3, paying a price of 100.16 for 1.70s, 1818—were p. 100.15 1.70% Co Co. and due .1945 to ; , 1.70% Inc., and Kean, Co.. ..... ....... F. of C. . Sale—The $25,000 coupon awarded to 1, 1942 Bank & Trust . Centre & Bond registered water bonds offered or 100.135 Peekskill, N. Y. Chittenango, N. 1.60% Co... Raleigh of 100.308, a at a price of about 2.22%. Dated basis Buffalo & 1819—were awarded p. 2V4S, as 100.359 . & Shore Blair & Co., NEW YORK . of 156, to Kirchofer & Arnold of iy2% Inc.. Co., St.- Louis, and B. Gibbons & Co.. Childs &' Co. and Rockville State, county and school ta^es for the entire year had been col¬ lected.'' 'Y V; Bond F. South all that reported Co. White Sherwood of Gabriel Finance and D. Mercantile-Commerce re¬ $278,250 pay R. and Co., & Trust Marine redeem 24—v. Rate Bid Int. Rate Stuart Curri- tuck), N. C. to- 1.45%, Bidder— Halsey, an¬ qounty O. (P. Sale—The $45,000 coupon school building bonds offered Nov. according Among 'other bids following: the CAROLINA County Bond maturity. were in semi-annual interest due on its Revenue 0.60% from North Bergen To Currituck 1943; $20,000 from 1944 to 1949 incl. and $25,000 from 1950 to 1952 incl. Re-offered to yield the town. certified check for $2,- a Nov. in 000 binding obligations of Enclose NORTH Dated Nov. 1, 1942 1, as follows: $21,- 1.41%. due FINANCIAL CHRONICLE 100.55 for Bank of on Dakota | of Bis¬ Y-.Y Bond Kistler, sealed OHIO 15 Cleveland, Ohio Tenders ceases on PENNSYLVANIA 2V2S was made by the , Interest Jan. 1 from 1944 Second high bid of North marck. redemption. date called. Rejected — Allentown, Pa. Offering — George bids until the for W. will receive City Clerk, 11 a.m. purchase not to exceed 3% of on Dec. $600,000 interest coupon Joseph T. funding and improvement bonds. Sweeny, Director of Finance, re¬ ports that tenders of $177,000 transportation system bondk re¬ ceived Nov. 24 were rejected. Dated Jan. 000. Due 1944 to as to 1, 1943. $30,000 1963 on incl. principal only. Denom. $1,- Jan. 1 from Registerable Bidder to one name of for a certified check A the within third class. "Chronicle" Sale —The Bond of Dec. 3, and Fairfax been sold have 9 156, 1—v. Co. Davidson Dated Nov. 1946 incl. street certain retire to im¬ provement bonds, long in litiga¬ tion, will be presented to the City Council for adoption at an early date. Proposed settlement with the bondholders will be on the basis of 80% of the par value of the on Antonio. which R. D. ' 156, p. dated RR., 1st consol. American, dated tures, Preferred stock stock Common trust 6%, bonds. due i 1st lien collateral 1st lien collateral trust 5 1856 1 9 9 9 & Improve., mtge. Ref. Feb. • 1, • 0.60% 1943--..— bonds, series G-2, due Dec 30 equipment trust certificates, —Dec 30 4y2s, due 1951 Jan 1 bonds, due July 1, I960 ———————Dec 21 Consolidated Biscuit Co., 1st mtge. 5y2s, due 1946——Jan 2 Continental Steel Corp., preferred, stock—-Jan 1 Cuban American Sugar Co., 5'/2%& 7% preferred stock. Denver Tramwav Corp., gen. & ref. mtge. bonds, due 1950. Jan 1 1 Eastern Car Co., Ltd., 1st mtge. 6% bonds, due 1952—Jan 1 Fairbanks, Morse & Co., 20-yr. 4% debentures, due 1956_Feb 1 Great Northern Ry. gen. mtge. 4 % conv, bonds, series 8 G and H. due July 1, 1946.: ——— Dec Gulf States Steel Co., 1st (closed) mtge.,sf 4 Va % bonds, due 1961 — ' Dec 23 Herbrand Corp., 1st mtge, 5 Vis, due 1950——,Jan 1 Home Telephone & Telegraph Co.— > v/ 1st mtge. 6% gold bonds, series A, due July 2, 1943—Jan 2 Illinois Communities Telephone Co., 1st lien 6ft gold '■ bonds, series A, due Jan, 1, '1949,,,//.—,,——,Jan 1 Industrial Brownhoist Corp., gen. mtge. 20-yr. conv. . v / 6% income bonds Dec 7 Jefferson & Clearfield Coal & Iron Co. Indiana County 1968 • Extra —• Ry. & Lighting Co. 1st & ref. Consolidation Coal Co., 25-yr. 5% Samaritan 1871 Barber 1695 Barber-Ellis Co. 1871 Barker Bros. '■ • 1615 $5 1st mtge/5% bonds, due 1950—.•— 1st mtge, 6% Public Service Co., Beech 1960 due July 1 -Jan Properties, 5%% secured Inc., bonds, ;/ declared.1 .■'/■:■;/// v r /! ;* . . ' Acme Wire; Co. (.year-end)—-— due^ Aetna 1952 Life Insurance Co. Brown-Forman $6 Brown Agricultural 514 - . Extra Insurance Co. . ■' - : New Amalgamated t ../" Mfg. (irreg.)_ . 1 / Airlines^ Inc., t .»j j,.. , . ;• . ( ( . Feb. Co. (A. M.i the 1, Box Board---- 12-24 Calaveras 11-30 Calhoun 2 11-30 California Co. American Express preferred 2nd Optical 6% pfd. ■ preferred 6% . Snuff 2 11-30 2 11-30 5% 2 12-15 Canada 1- 2 12-15 12-18 12-11 5 % 12-29 12-10 Canada (initial) . • Canada Malting 12-22 12- 7 112-22 12- 7* States Quarterly 2 12-15 Canada 2 12-17 12-28 • 121- . 1- 2 1- 121- $3 2 5 2 r 1—. „ (quar.) Canadian Tube 1- 2 '<r 2 11-28 12-18 12- 12-21 12-10 1- 8 12-11 2 / * $1.8302 12-29 12-15 75c $l'/4 12-15 12- 11-27 11-20 12-21 12-11 UlVz $62Vac J30c 12-26 12-10 $ $ 1 */4 12-26 12-10 f50c 12-21 12-10 joOc 12-15 11-30 12-15 (accum.)—, (quar.)— com. (quar.) 1 12-15 12-30 ——. -——. 7% 1-15 3 1- 2 12-15 1- 2 12-15 12-26 12-10 — 2 12-22 50c 30c 12- 7 - 12-1 111-23 $1 (accum.) (year-end). 12-28 12-11 Worjcs & Electric— 1- 2 (quar.) Works 1-15 5% _ — 12-18 12- 8 15c 12-24 12-17 $2 ya $i ^ Co., 2- 1 12-10 121- 5 5 ——— 12-21 12-10 25c 12-19 12- 9 12-23 12- Steel . _ ■ ' $6 $1.50 Bank & — 1- Patricia (quar.), Gold Mines (s-a), Extra (quar.) — 12-10 11-30 4 12-10 12- 1 12-21 12- 4 12-10 11-27 12-22 12-10 12-22 12-10 12-22 12-10 12-31 12-17 12-17 1- 1 1- 1 1- 1 12-17 1- 2 12-17 12-17 12-28 12-11 12.28 12-11 50c 12-28 12-15 (quar.) (quar,)— Order Co. 11-30 Cincinnati Gas & Elec., 5% 1- 2 12-18 Citizens Co. (Wash., preferred (quar.) Pa.)— — — 12-10 12- 1 $1 11-24 $2 12- 1 11-24 62'/2c 12-28 12-15 50c 12-22 12- . , pfd. A (quaiy 12-22 1 (year-end) 2 12-12 12- —— • „i— 12-10 1- 6'Ac 50c $3% — — 4 12-21 t3c ______ ————— , Water 12-15 12- $3.50 $3.50 — /_ Chicago Great Western Ry;, 5% pfd. (accum.) 7% : Specialty Co Mail 2 • 12-15 12-26 $12y2 25c 85c 60c 30c $1V2 $1V4 50c $l'/4 $1% $l3/4 $1 convertible preferred (accumulated),. Chicago Dock & Canal Chicago 1 Securities Corp.— Illinois preferred 12-24 1- Public Service— 1- 1 (quar.)—, Trust Co. 11-30 12- 12-31 $$1% f50c (year-end) 2 12-15 Ltd. Chapman Valve Mfg., common 7% 12-19 i. (accumulated) preferred (accumulated) Central 12-31 2 1- $2 Boxes— 1- 15c 1-15 $12V^c — preferred 6% Central 9 ,.7 5 c f$2 1 Products— 40c (quar.)—— 12-15 1- Ltd.— (quar.)—. 8% preferred (quar.) 25c Co.' (quar.) partic; pfd. 2 25c .— $3 1- 12-15 50c (year-end)-,.-—; Imperial Diesel Engine (year-end)—. Drop-Forge Insurance . 12-28 1- Co. 1 $l'/a J$l% ; 1st preferredAtlantic Refining Co.,-4% pfd. A (quar.U. Laundries,, $2.50 Corp Transit Illinois 7 12-15 1-30 Products—.:.— Central 12- 12-31 |50c (quar.)—,—— ——' (Baltimore) City Central preferred (quar.) Atlas Tack Co. Hanover 12-24 -i—-t$l% Ltd. Wirebound Central 35c 12-15 (accumulated) 12-12 12- 12-31 (year-end) — (year-end) Carey (Philip) Mfg., common (year-end), i, 6% preferred )(quar.)— ■ 5% preferred (quar.)—,,— — /■— Celanese Corp. of America, common,——. 5% prior preferred (quar.) 7'h prior preferred (quar.) 7% 2nd preferred (quar.)—: , 12-15 $3.50 — pfd. 12-15 (quar.)— Capital Wire Cloth & Mfg. 12-10 2 1- 12-15 12-31 $$1 — common $1.50 Capital 12-10 1- $l'/2 & preferred Canton 11-30 2 t25c (quar.) class A ^accumulated) ——$50c Cannon Mills Co.—I—50c 12-15 2 1' Westinghouse Co., / 12-21 1- 60c ■. Canadian 12-143 1- Associated Breweries of Canada— Autocar 12-12 due $1.75 (interim) Canadian 12-21 1- 7<h (Indianapolis)- Insurance shares 12-21 25c $iy8 —. • ——.--i.— Water Metal ■ Registered Capital preferred Automobile 1694 pfd. Investments, 12-18 1611 Extra 12-18 $3 represent- of (quar.) General 2 1- 12-15 • 1 Investment,— 1-2 12-15 1869 12-31 1- (accum.)—— preferred .(quar.) Oil Cos., 2 1869 12-15 12-10 J50c Ltd. Canadian 11- 2 Atlas 2 2 1-15 $1% 50c 10c .———./ (quar.) Foreign 12-21' 1- Atlas 11- 50c 1st pref, Celanese, Ltd., 8%'preferred „ 1- 7% 12-15 $25c Packers, Canadian • $1%' Atlanta 12-15 12-15 2 f20c 7% Converters, 12-18 $l'/2 ; 2 1- 1- 50c (quar. preferred, Co. Canadian 12-18 preferred (quar.)—— Armstrong Cork Co.. (year-end) 1— Arrow-Hart & Hegeman Electric (year- 1612 1 5 25c }'50c (quar.) 2 11-24 $ 1 V\ - $7 1332 12- 12- Corp.—- pfd. 6% Canadian 4, 20c — 7% 5 1868 1692 - 12-29 40c 25c Extra 12-17 ,12-22 1-15 . $ 1 Va . $6 Art 12-15 </ $$lti (quar.ii preference Canadian preferred (quar.)— __— ■ Anglo-Iranian Oil, ordinary (interim)—, Arkansas Power & Light, $6 pfd. (quar.)—. * 12-10 (s-a) — 1- $ 1 Va , $3 13c pfd. ——— 1st 1- $iy2 ——, - Transportation Corp. American • 11-30 (quar.)—— Cycle & Motor Co., Ltd. Extra Ltd.— preferred (quar.)— American 1868 class B Extra $2 $l»/8 —' '■ Co.,, common— American Tissue. Mills, , 12-31 —„ A dividend Machinery 45c $iy2 (quar.)— „ American Seating Co.^ American t2288 $2.25 . Co. 1- 25c (quar.)_ (quar.,)-——-— (monthly) Co. convertible American 1777 Ink 1- Rolling Mill'— American 1691 11-16 — (quar.j; Co., 1- 30c (s-a)—^ (quar.)_— 6% 1st pfd. American President Lines, 5% $ II-20 (quar.) $1 25c Products Home American : 12- 50c Canada Bread Co., Cement Mills 1- $l'/2 ■ American Hair & Felt, 1691 5 12-15 and interest thereon— 9 $1.06 Va — American Cast Iron Pipe, $6 5 12- $2 (s-a)—-- (quar.) 7% Co., quarterly 1942, 2 (year-end 1690 1690 class A class 6% Co., 1- 20c American 1776 12- 62V2c 12-15 (quar.)—— 1- (quar.L— common convertible preferred $4.25 « .... ing 12-11 5c ' •—•/ ' v Byers 11-30 f30c _ Amalgamated Sugar (quar.) ———— American Agricultural Chemical' (year-end) 28 28 1 New York, Chi. & St. Louis RR.. 6% deb., due 1950 Dec 30 New York Dock Co., convertible 5',/ notes, due 1947—.Dec 17 •New York Railways Corp., prior lien bonds, secies A, due 1958—-.—.,—.———— —>—-—■ Jan 1 Nice Ball Bearing Co., 1st mtge. 5s, due 1945 a Dec 15 North American Co., 3%% debentures, due 1954 .Dec 21 Ohio Oil Co., preferred stock —Dec 15 Parkview Realty Co., 1st mtge. bonds, due I960——Jan 1 Phelps Dodge Corp., conv. 3'/2% debentures, due 1952—Dec 15 Philadelphia Rapid Transit Co., real estate 1st mtge.. -■ 6% gold bonds of C. Benton Cooper, due Jan. 1, 1944_Jan 1. Philadelphia Transportation Co. consol. mtge. 3% -6 7c ' bonds, series A, due 2039 —Dec 15 Pittsburgh Suburban Water Service Co. 1st lien & ref. ' • mtge. 5'/ bonds, series A.—,— — Jan 13 St Louis Public Service Co., 1st mtge. 5s, due 1959-j—Dec 23 Salmon River Power Co., 1st mtge. 5% bonds, due 1952-Feb 1 12-18 12-22 40c .-i Mexico Gas Co.—- mtge. ser. 1-2 12-15 15c (irregular) Corp. (year-end) Electric Corp., Ltd. Aluminum Goods 1865 12-15 12-15 (quar.)—,— Ring Co. 25c ' -r- Allegheny. Ludlum Steel, (year-endi Altoona & Logan, Valley Elec. Ry. (year-endD- ^ A 5% conv. bonds, due May 15, 1951.-Dec 1st mtge. series B 5% bonds, due Nov. 15, 1954—.Dec Newport'News & Hampton Ry., Gas & Electric Co.; 1st & ref. mtge. 5s, due 1944 *.—; Jan 1st Watch Piston 75c ■ 12-31 ' Aircraft. Accessories —, — Burd Oil 20c _ _ 62V2c (irregular)——— Power, 30c (quar.) 12-15 (quar.)— (year-end) &-Sharpe Mfg. Bulova Bush Terminal .. 12-31 ■ (accumulated) o/ Rec. ^ 12-10 35c $1 Distillers preferred Payable (quar.) i American . American Columbia $1 . 12-30 —a—— 1938 $2 participating preferred A British 25c .'jm' 12-15 75c — (year-end) common 25c // Dec 1 1934_Dec 26 Mississippi River Pwr. Co. 1st mtge. 5s, due 1951——Jan 1 Mortbon Corp. of N. Y. collat. trust mtge. bonds, series B, due 1946——————J—;— ——Dec 31 Narragansett. Electric Co,, 1st mtge. • 3Vzs, series A, •** due 1966 —— —Jan 1. National Steel Corp., 2%% notes, due 1949——— Dec 12 New Jersey Worsted Co., preferred stock •——• Feb 1 Mfg. Co., Holder« 1864 12-11 2 . Water When ——_ 12-11 2 (year-end) British . f $3.25 preferred. (accum.) 6Vz% Glove-Works, Acme 2 6% preferred (quar.)———. —a—,. Bridgeport-Gas Light (quar.)„_— Brillo 30c 1862 1047 12-11 I- Corp thare Name of Company 2 1- ; Brook 12-21 11- (irregular)— Inc. 9 1 loc Corp. Diamond 12- 1- 50c Industrial Loan Corp.—; Per 0 - 75c Boston Woven Hose & Rubber 6% The dividends announced this week are: 1771 12-31 12-17 Brazilian Traction Light & Power— show the dividends ' // 1 \ 12-10 50c 68%c 25c — (quar.) —— (quar.)— Aviation Bound 12-11 RR, Boston & Albany RR In the grouped in two separate tables. 2 1-15 1- —$1V4 /— Creek 11-30 12-22 (quar.)— common 8 12-19 12-15 35c' ————— Year-end 1950 we American serial Creamery, Common 1688 1949 1, Mercy Hospital (Urbana, 111. i, 1st ref. mtge. '< bonds, dated Dec. 1, 1940...-—.Miller Co., 1st mtge. 6 % % bonds (as extended) of (quar.) 12- 2 J$l34 (s-a)_ (irregular) common Bondholders Management, — Mercantile Corp., pref. 7% Canada, 11-30 1- 37'/2C $1V2 (extra)——„——25c of preferred Bendix previously announced, but Further details and rec¬ in many cases are given under the company name in our "General Corporation and Investment News Department" in the week when bonds, series 1949^,—-//-/.-;.——1 Lehigh Valley Coal Co., 5% 1st and ref. mtge. s.f. bonds, : due 1944 Feb 1 1st and ref. mtge 5 % bonds, due 1944— —Aug 1 Libby. MeNeill & Libby, 1st mtge. 4s. due 1955———-Dec 31 Louisville & Nashville RR„ unified mtge. 4s, due 1960,aJan 1 Marshall Field & Co., 1st,mtge. 3,6% 20-yr. bonds.-—Dec 27 Mayaguez Lgt., Pwr. & Ice Co. 1st mtge. 6'/2s due 1953_Jan 1 A. Co. preferred 1872 which have not yet been paid. ord of past dividend payments 1949 — Kewanee W.) Extra 1872 ' tSee Volume 155. ——— 1 5 Va % Beatrice ——— • (H. 11-30 2 12-22 20c ———-• 2 1- 40c 1157 stock 1- 25c — of Rec. Holder« When Per (quar.) Baldwin Co., 6% pfd. series A 1924 (quar.)Bankers Trust Co. (N. Y.) (quar.)—-— bring together all the dividends announced the Then we follow with a second table in we which 1949 1949 Conn. •< (Hartford) - —— district Payable Share ' Co. Mfg. Co. (irregular)— Avery & Sons, 6% preferred (quar.) current week. ' . — first 1. 1946_Feb . are bond district, due in same ,>•' . Axelson Bornot, Dividends , due Feb. 15. 1943,Dec 30 2'v equipment trust certificates, due March 1, 1943—Dec 30 Chicago & Southern Air Lines, Inc., preference stock—Jan 1, Commonwealth Edison Co., 1st mtge. 3'/2s, ser. I, due 1 % '/<: ! „ 1958 Dec 31 DIVIDENDS 1738 be general county fund. $2.50 prior preferred series 1 March 1, 1946_Feb - ■ Blue 1738 in fund another road to Name of Company . Automobile Insurance 1st 6s, due 1937-1948 E.) (A. ■ 1780 12 :• ..• 1738 1956—Dec —Dec ;_Dec '/2 % bonds, due Dec. 1, Chesapeake & Ohio Ry.— t 10-yr,'3 !/4 % debentures, due 1950—-Dec Line Ry.-Seaboard-All Florida Ry., 1st •Announcements In this issue. Central Gas & Electric Co.— { Page 1146 mtge. 5% bonds, due ——'. —„/__ 1;— transferred fund for the the excess district 1945, and the Providence Beneficial due 1945—Dec 15 Belvidere Hotel Corp., gen. $12,- refund¬ to be bonds, that the Dranesville sinking sum surplus will be transferred to the Date Mfg. Co., 7% pref. Studebaker CorpM 10-yr. conv. 6% 23 -Feb notes, of Dallas, at par. Dated May 1, 1942. Denom. $1,000. Due interest. Sisters of St. Joseph, Alberta, Staley mtge. 1928 RR. 10-year 5% of the retire to the of the excess art & Co. of and Seton High School) 1st and ref. mtge. .collat. trust bonds. Series A, due July 1," 1949— -Jan , Page Date , ——— Atlantic Coast Line issue in amount Board ordered revenue of the passage ing, series of 1942 bonds was sold earlier in the year to Fritz Stew¬ ac¬ 1 sewer the As fund is in paid Sold—An 3V2% 000 1 Jan 2 _Jan 1 debs., due 1945-^—Dec 15 Studebaker Corp., 10-yr. conv, 6% debs., due 1945_—'_Jan 2 United States Steel Corp., serial debentures, due 1944, 1945, 1946,-1947,1948 and 1951 Dec 31 Texas Southwestern Gas Co., 1st mtge. 43/is, due 1956_Dec 28 Walworth Co., 20-yr. 6% debentures, due 1955——Apr 1 Warner Bros, Pictures, Inc., 6% debentures, due 1948—Dec 18 West Ohio Gas Co., 1st mtge. 5s, due,1958 Jan 1 bonds, notes, bonds, Dec British & Continental Corp. 5 % gold deben¬ Southern Great and bonds, series A and series B Charity of Cincinnati (Good mtge. 6% common 1943 Bonds Hospital , result the payment for 1943, at par 1, and Issue— Air Seaboard Sisters Company and Issue— prior to Palestine, Texas inclusive, 108, districts 1, Scoville Mfg/Co., stocks called for 'redemption, including' those called under sinking fund provisions. The date indicates the redemption or last date for mak¬ ing tenders, and the page number gives the location in which the details were given in the "Chronicle." due Jan. crued Below will be found a list of corporate Alabama to 100 improvements in the two Byrd law permitting the State to take over all county roads. De¬ by local residents. July 1, 1936, maturing July 1,, 1950,. are. called on change. Notices and Nos. bonds incurred by the county were for road the issue requested on for Providence one They 12 Rauscher, of San An¬ livery of bonds subject to an¬ 1949, and 1936, maturing July 1, Nov. issue for an amounting to the amount of $60,000. , Redemption Galls and Sinking Fund preferred Moreland B. bonds Nos. 89 to 99, dated July Company . R. the on district in and both district $175,000, and system sold was Co., of election series, although bonds in all se¬ ries are still available for ex¬ 1819—were awarded to Bank of Mill- bonds & Pierce that 4V2 % water revenue nounces bonds include Dranesville power order an debt. and tonio, jointly ? as 2%s, at par. Call—City Recorder Treasurer to' Dec/ 2, $14,100,000 exchanged. This in¬ bonds ; of practically -all 16 cludes $17,000 coupon First National the Bond of the group handling the Nov. and issue to permitting payment in full Interest M-N. light revenue Elizabethton, Tenn. Drexel & bonds were building bonds offered Nov. 27— v. — Philadelphia and Lehman of New York, joint man¬ of Court Circuit Sale—An issue of $88,000 Bond 1 - Paul E. Brown to request the ney $1,000 from 1947 to $4,000 from 1951 Attor¬ Commonwealth's structed Due Nov. 1, from 1943 to to Crummer & Co. city's current $162,296,000 bond exchange bffer—v. 156, ,p. 1819-— announced that during the period 4), Pa. Bond Sale—The 1, 1944.'; electric agers School (P. O. Bloomsburg, * District after Jan/ of two retirement the issues, totaling $235,000 mature Dec. 15, and in¬ The • Bros, Township Pleasant Mount Exchanged Bonds Co. issue The ' • The — road bond Hondo, Texas Callable incl. 1963 to TENNESSEE the face of the obliga¬ funding • bond will be for about $400,000. tions. h, , Philadelphia, Pa. 2 % -accrued plus bonds, interest made Pittsburgh. '" 1944 from bid of 100.71 for *l%s was by Glover & MacGregor of high Bonds Supervisors on Nov. 18 authorized and 1953 incl. to of Ranson- the San $2,000 incl.; 1950 of 1, 1942. follows: as to Fairfax), O. (P. Road Retiring Board . sue County V a. Bonds Sold—The $24,000 3Y4% refunding bonds approved by the State Attorney-General on Nov. DAKOTA SOUTH playground Dec.' VIRGINIA Freeport, Texas Perkins County (P. O. Bison), bonds offered I : S. Dak. p. 1819—were Erie, Pa. Bond Offering—E. H, McVey, awarded to Phillips, Schmertz & Plans Settlement Of Street Im¬ County Auditor, will receive Co.,' and George G. Applegate, provement Bonds — Joseph C. sealed and auction bids until 10 both of Pittsburgh, jointly, ' as Martin, Director of Department a.m. on Dec. 19 for the purchase of Accounts and Finance, said 114s, at a price of 100.257, a basis of about 1.20%. Dated Dec. 1, of $142,000 refunding bonds. that the proper ordinances cover¬ 1942 and due $3,000 on Dec. 1 Dated Jan. 1, 1943. Due on Jan. 1 ing a proposed funding bond is¬ from 1943 to 1952 incl. Second ' C. N. Burt & Co. — of Dallas have purchased an issue of $44,000 4% refunding bonds. . ; Dallas. of park $30,000 gality approved by W. P. Dumas Texas Bonds Sold page on as follows: $5,000 in 1955 1956, and $2,000 in 1957. Le¬ May 1, and County (P. O. Stephenville), (P. Township Island cities of the posed by law upon bondholders, as described by Philadelphia Bureau of Mu¬ nicipal Research, appeared in the municipal -news section in the O. Neville Branch, Pittsburgh), Pa. Neville Erath the 1968., valorem taxes taxing limitations im¬ TEXAS ex¬ the due on Jan. 1 incl. Second of Danville. Bank ad from 1962 to the bond change offer to both the city and high bid of 101.25 for IV2S was made " by the Danville * National Issued subject to approv¬ ing legal opinion of Townsend, Elliott & Munson of Philadelphia. quired. Payable and 1942 1943 The advantages of . of 1, from Treasurer, is re¬ order of the City 2V2S, at a price of 101.41, about 2.33%. Dated as basis Jan. payable to bonds, of the 2% ville, all rate of interest for bonds. the 1997 COMMERCIAL & FINANCIAL CHRONICLE THE Number 4131 Volume 156 i $ 1 Vi = 9 1- 2 12-15 1- 2 12-11 - —, $l3/4 THE COMMERCIAL & FINANCIAL CHRONICLE 1998 Per Name When share of Company Payable (year-end)—Cleveland Builders Supply Cleveland Worsted Mills (year-end) Works, Water Clinton pfd. 7M $i 50c $la4 preferred (quar.)*- 7'» ' preferred $7 Corp. Commonwealth Water preferred preferred $6 $7 $1.06'A (quar.) SIM, ■. Dry Goods, 2 1- 2 12-11 (accum.i Ltd. 12-11 Industrial 12- 2 Inland 2 20c 12-21 12-12 4 50c 12-2 12-31 75c 12- 2 International International $1 12-22 12- 50c 12-28 of Cream 12-15 25C 12-21 12- Zellerbach Crown , Wheat Corp. __ preferred 7(/ ' T Corp. 7 . . 6'r/ 12-U 25c ______ 1-2 12-28 12-14 12-28 12-14 12-24 12-12 12-15 11-30 Kendall 12-21 12- Aircraft Debenture Securities & 2 12-10 of Corp. $1M , 1 Canada—' Key 2 12-22 15c 12-23 1242 12-23 12-12 S2M (s-ai'_— (quar.t Records - " , 1- . Delong" (quar.l -__--.4v.4- — 12-31 12-15 Electric Delta Eye Detroit Harvester Steel Dewey Class Di B Dixie _____—— 12- ;_ 50c 12-21 12-10 25c 12-15 11-30 common——. common-- T Car Motor Cream Ice par tic., Co. pfd. Extra Woolens ______ 1 51st 2 Durham.-Enders Class A Class 425c 1- 2 (s-ai 150c 12-21 12-31 (year-endi 12-15 _j _ Ltd. Theatres, Drug Co.. Extra 8'* .and A on preferred Eureka A and B common Ex-Cell-O Morse Fansteel Fear Co. & Mettalurgical (Fred) Federal & Co. Federal Water N. Gas & Finance First Co. of ! First Security Class Extra class 011 Flambeau 6'■< class Paper; preferred B 12- 12- 1- j. 11- 2 12-10 12- 12-10 12-23 1245 2 12-21 1- $3 Franklin Frick Company & Co., Class class B pfd. conv. American Investors, Bottlers, 55c General Optical. $3.50 General Precision Equipment—- conv. General Refractories Time Instruments, preferred Corp. Gisholt Machine _ ——- common (resumed) — Brothers, State Hosiery Granite City conv. pfd. (quar.l SDL. 15c, 2 Insurance (N. — Y.i (quar.i., —. ___ Great Western Sugar, common (quar.i 7preferred (quar.) —1——— Greening Wire Co., Ltd. (quar.i 6 4' pfd. laccum.) Engineering Corp.. Trust Co. (N. Y.) (quar.i (Bi Water System, Greenwich Aircraft Grumman Guaranty Hamilton $2 Cotton Co., Ltd., convertible preferred United Theatres. Hamilton 7preferred Hamilton Watch common • 12-15 12- $1 12-28 2 12- 1248 12-15 12- SIM ,42-22 12-24 1- 2 12- k 12-14 12- 1- 2 2 1- 2 145 12-24 12-14 25c 1- 2 1- 2 Harshaw Hawaiian Bendrick Hilo Gas, Tl preferred Chemical Co (quar. Canneries Co., Ltd Suger Co. (liquidating)____ Ranch Ltd. 2 12-15 2 2 12-31 12-29 12-11 410c 1- 2 12-15 1- 2 12-15 12-31 12-15 SIM 1-15 12-15 12- 8 12-31 25c 12-23 25c ,12- 5 U-30 $3 12-21 12-U 12-U (irregular) 12-15 12- 5 20c 11-26 11- 4 11-10 ..." 12-11 •: 12-19 : 4\il 2,4 _.1:20c, --<411 fac 1-15 . ,: ••1-15 S2 12-10 12-31:. 35c 4 pfd.'(quar; ; 1- 5c (year-end)__4x__ pfd. A prefened _•_ pfd. :/ (quar.i:;/ : pfd. 8 -r 12- 4-H//» ';/!,. k*;: , 87'?C" ' Oil National 8crew v (s-a>44 .. ' iquaKKK 1 .7 _7 (quar.i. " Corp. • preferred laccum.> • 5 12-15 .12- 5 "• 1 12-19 1-1 $1*4 12-19 *1- $1 '« (quar.l 1 12-10 12-10 11-30 15e 12-30 12- 30c i 12-15 25c 1- 26c- iquar.i'7_*77 • (accunf;) - 12- 8c 12-: 5 11-21 / 1 12-21 1.20c 12-26 12-10 7$ I'M 12-26 12-10 - _„7.7.;___-7'£_;__.-.7__ 12-11 • 12-26 ioc: )M. preferred ls-aKi_ ,12-23 11-23 1- x 5 12- 5 .4 " '. 12-23 12- • 4 1- $1)4 V 1- 84c 1- ;'_/_7 '/■ Mfg. 12-10 12-23 12-12 12-12,. '"Ac; 12-28 12-12 . ' 25c : 12-14 12-5 25c • 12-14 25c (quar.t,—." 12-15 12- ■ 4 12-31" 1-15 12-31' 12- 12-11 2 12-21 • *. (resumed, 12-5, 1-15 t4C: tic & Corp. 12-10 12-10.7 .1-. 1 25c (year-endt! 12-10 " 62c ;,7 $1 )V _ .42-16 1- 50c (year-endn.; __7_L _ 9 1- M.65C (quar;)/:i;7;:_;x common.. preferred• class. A 12-10 12-1 • preferred_7;..:;_;7-_; common 12-15 12-15 50c ■v. * 12,-10 75c •%.$7*. . A & Gas, 12- 12-15 12-15 ' pfd,77 Co.. (quar.)_; 1-7; 1_ ,l/77-_7__4_; Corp., 12-15 75c 12 Mc -, * 12-10 2 12-1 $3 60c (initial)l.._ 74'non-cum: RR.'. ' 9 v 85c Ltd.; common .tquar;)j.'/.: (quarxi 12-15 2 37 Mc _ iquar.i (quar.)..'. Corp. 1- 12- (quar.)7l:___l7>__7 (irregular! D.i 11-28 12-12 12-15 Steel 12-11 12-22 12- 8 12- 8 12-22 1-15 12- " 12-31 11-25 1 • 12-10 12-18 12444 12-21 20c .i 50c ;1- 2 K-l'-i, 2 . , - *• 12-19'" Public ^Service, '" ' • ■ 12-21: 12- $5 9 1-20 •i $l M .- ' (initial) 12-15 - 1240 4 4-2- 1 •1-20 12-15 12-1 12V2C, 12-15 12-. 4 75c* 12.-22 12-9.,, . ■ ;t_ S.i Stayton Oil Co. , . _ 145 12-21 75c , ,; 25c 31 Mc 1240 12-16 2-15. • 11-30, 1-29. 75c • ,12-30 12-16 15c (year-end)__; (quar.) 1/rr - • (quar;);. , vf'"' 1 2- SIM' ■ , Co. " //• T' .r >.' *.<••-• . & ,SS. Corp.— ' p«articlpating^preferred». (.accumulatedi Stanley."Works, common (year-endi (L. 1-2 ' Corp. preferred 12-15 12-21 $1)4- v* preferred series -A- (quar.) . •12-4 I $1%. 16%c - _ — (annual) Fund.: & Sons-— " 12-19 1-15 12-15 12-21 8 i" SIM pfd;. <quar.it com..- Assurance— Trask : 10c 7* $2 .-' . $3 577 ; 12-8 2-15 ' :i;20c- . . 25(7/paid ctfs. Starrett 9 ' Elec.; 5'7 & Standard Fruit . 12 12-22 $ 1 Vu ' Corp.___;_7_.__y__,__JL_ Gas Life 12-214 12-22 /iquar. preferred.- (quar.)>x_77__L____: ."Squibb (E."R.) 11-23 12- 12-19, common 12-30 37»/Vc 1 , participating preferredMquar.tL_4.-tl_' 6',k " , 12-15-- - V 13- -I, -25.C' h- , ; - •'.;••"•' ( / 7. (quar.i'_i_;//_.F_:;-/7./i'_-.4i Oil Canada " Power; Sovereign 12^14 £ 67r Spencer 12-10 12-24 * . Penh Sperry 12-14 -St ;.: • New Jersey Water. 7", York & Common Harlem (s-a 1 (quar.i4 $6 pfd. preferred RR.,-104 , 7. $1 50c-kl-3-19 $1*44-12-19 7 v ^ 40e '• 20c/. - > lV,lr.;2 (quar.l k/v ...,$1 '•j1-/2 . S-l^Vv4;T-'x2j-_, (quar.).:-/ pfd. (s-ai;_„K, (irregular) Sterling 12-14 Stonega 12- 12-21 . . . .« 12-15.^ 12- 5 1st —1—_ __ pfd. 12-21 12-7 10c Furniture Corp. -. <quar.)____L;_;__ Co.-- (quar.i Class ,B (quar.l __4 1 class 12-12 ."$1 12-32 12- 1 11-27. 11-17 11-27 25c 1147 _x__ 50c 12-10 11-30 xx_ 25c 12-12 42-5 65c 12-19 Sundstrandx.Machine »Tool______x^__v.t— SunsetrMcKee- Sales -Book, 12-,7 12-21 ,12 Vac / . Stromberg-Carlson Tel:' Mfg. '(year-endi Strouss-Hirskberg 12-10 12-15 90c , 12-19 75c . (quar.i_■ Extra4 _xt— 3 12-11 Co.—x—____ Stores, Aluminum Products (year-endi Coke & Coal (year-end) x___J Storkline ;i2-;.4..v i V." ! 60c^.t> Mfg. Bros. 9 12- 'v/el-42.>r .12-15; tsrd'/2^: Co. Gas Stearns Sterchi 12-" 9 12-14.. 4 1- 2 * _x Auction Natural ; v.: New York 30C 50c25C Co.,-common Southwestern / 12-* 8 C •/13-IOk/ 25c - 1 .c —• Jersey Power & Light, - 12-15 _7_ Phosphate t. > 12,-24 44.vc —i— Special New 12.-11 -12-22 '4 < - .37lie- v i i_-_. Machine Hampshire Fire Ins. Co. Northern 12-22 7_;7_l__x_ Weaving.Co.'(year-end) * ' year-endi Britain New Ml -14 25c _4;_". 12-15 12-12 20c. .7. 12-15 12-23 iquar.)__x_ Southwestern - . ' tyear-endi__ 12-15 12-21 ' Class B New P '•••? 20c 4s -• Standard Co. (quar.i Naval Stores Investment Go. (quar.) New 12-12 . ?43c / -r .-. * 11-30 !2r33*j,4 12-15 12-21~ .-„• T?. 2 - 93-40 _ _„__x..:.44_f_ Stamping (year-end)_444: class-A 2 12-21 1 year-end 1 Southern 50c ..4 Mfg.___- 1- 12 VaC 37 Me /: 50c ■ ___7'____7x__ 1 Southern ' . National Neptune Meter, '• 12-15 12-29' Z Machinery.... & (initial $1.50 Utah Steel Southern 12-15 , 1.2-15-- Products___x____ Rubber 12-18 $2.12 M »;40c .-,,4.12-36 /' 12-10'. $1! V 42-33;- .12-12 -I// pfd. 2 $1 _L ' (quar.l > South'. Carolina Elec.- & Ga$V•■'•''' ''4 .$6 prior pieferred Mquar.I 12-15 .12-29• V '$14 -12-29 Ltd.,-74 1- (year-end) (quar.i (initial)_7 (H.i "/South •: 12-12 :12-29 Gas._xi.-__: 50c . nt i'V 1- 1 . -10c/ & Brothers.;. Cylinder 12-19 " 12-5 $5 preferred (quar.i __x___'/4'7 Acceptance, 6 4 preferred (quar.i 4_ 7 Breweries, 2 1 quar: (year-end) $5.'Convertible .Solar ■:"i- 2 .12-12 -41.5c preferred (quar. 1 preferred (quar.l pfd. 1- ■ , b' 12-J5 (quar-f;"Xl'i'is' .(accumulated)__;_4.430c Decatur RR.,-7)/24 12-19 $1/4 (quar.l ' (quar4441.4-' Dakota Utilities, common. _4___Fi4v E.l 2 . 5 12-15 1- 50c Castings/i/J'/i.7 Steel .& Iron. $6 pfd. (quar.l $1)2 Sons, Ltd., common (quar.!•_/ 7 M15c :* * 7'7* preferred (quar.)777__/v;____'-;_£_/;— • J$1M Smith' rHowardi- Paper Mills, 64 pfd. (quar.')"/ nv/2 Smith' (T. L.1 Co., 6'r preferred (quar, 1 /___• loC 25c Snap-On Toolst (quari)"_L__i7 LE-Z/L • 12-10 -12-20 5 25c prior preference iquar.) preferred (quar. non-cumulativc preferred B (quar. 1 _; Simon 1" 1 12-21 20c Sloss-Shcffield 1' l 2-40 K 12- 45c K t Chemical, $3.50 preferred & (accum.i- (year-end): convertible Sivyer < . 11-2s:" 12- (F. preferred (^|Uar. 12-15 (irregular) Inc.; (year-end) 11-21 (quar.) Class., B (quar,)_l.__yi______r.7_____ 4Signal Royalties, class A (quar.i Sheep Creek Gold Mine.8 •, 12-15 2 12-15- $1 (s-at44 Co. 12- pfd. 2)7 C & Signal Oil , 11-24 "'■•25C ;12-15 4 Brass $ 1V2 vtc. Sherman Lead Co. 12-19 $$L20ir preferred 11-30 Paper, 6 77- class 54' 12-12" * : 12-19 11-30 H.„ $5 preferred series A Mfg. Sharon 11-24 <'-\U $ 1 Mj1 •-' -: _x.4i.44 (year-mdi ,4 12-26- • 12-10 12-31 1 1-15 12-15 non-cumulative 5 77 • 2- 115c 12-15 4'Seiberling Rubber Co., "77"$l '4: v -71-V2> •12721 12-21 •" S1/4K V 1 2V T 4Lx__41"i' 6'c 12- • 12-; 1 (quar.) (quar.l 12-31 12-2 12-21 $1M $llli N. Pendleton Lake 64 7. 11-28 12-A . 12-7 1-20 12-26 12-19 ^Security Holding Corp., Ltd.—• t, .10-30 12-U: ; ... 12-15 Aeronautical $2,50 ; 12-23 / -xv50c .•:_ 12-10 12- preferred Myers, Class.B 12-10 12-10 : 12-10 5 35c Pulp & Paper (year-endill Louis Bank Bldg. & Equipment Corp;__7. Salt 2 50c: -7:12r29 *7 k- 5 1- 12-15 preferred Industries, Scovill 12-15 12-26 12-23 "- 5- 1- 25c Year-end 12-15 -4,; -$l3i 12- 12-15 $1M iquar.l_„_ St.-Louis Public Service,: class A 12-19 . 12-26^, *.< .4,11c " J'44;" 50c SIM (interim) Co. V'i, preferred St. ■ j _ 20c Telephone -& St. Croix 12-19 - .12-9 Corp. (George Ryan 1-.9 • (irregular25c 1 (final) 5 1-15 preferred Cable ;Corp. • Russell ' 12-4 ■ ,25c. ; 44. 10-20 St. Helen's 4-50c? National • 4 regis. (quar.i__________x__; Extra 1;$1M 12-31 44 -National 12-U 2 Co, National 12-11 75c 1- 12-io 1-15 (quar;) National Enamel & 12-15 $1M $3 12-29 Machine- (year-end)__x_44i National 12-15 5c Royalties Electric Light, 1- 1- 25c (year-endi Harrisburg Hawaiian 50c SIM 1- .,43C4 Fund___ 12- —__ Roxborough Co., conv. partic.' pfd. '•Ruberoiti: Co. (year-endi 12-8 .37'aC" Co. Aircraft Rome 12-1 iquar.ixx4„-__:,l-; 4$l.'a V Birmingham RR., 44 Mfg. Myers 1248 415c 12-18 12-15 .* 12-12 7c Sl'/a / 11-25 25c — (year-end Cement Rohr 12-10 , 12- "T 4.4 , 12-12 12-21 ' ; 12-23 Paper 4'/j4 .1st Roper 12,-23 (interimi; (quar.l Collet Nashville 1248 20c 12-15 j"4c Corp.: (year-end) Muneingwear-, 12-10 12-24 12-14. (s-at/J - 12-21 $2 2 40C Corp. Bros. Rochester 12-26-'; 4." 12-. 2 common...;/.; Inc.; * Paper Robbings & 12-14 v iyear-endK.-_xx___.j4_ - *■ 12-11 15 12-31 (quar.) (quar.l 2nd Richman common ordinary common Motors, Rhinelander Communications— preferred River Power, 7 25c.. for Light, 74 ,Reo One (quar.i_4_x__4/_x„-_-__ J4x': ■ Portland & Motors 12-31 25c 10c ..v 12- tSl'M preferred convertible *Riegdl 4 held Mines, Ltd. Investors preferred Mueller 12-10 20c 1 Motor Finance, 12-31 62 Mc $7 64 12-20 1- I Richardson .12-12 .$14 : 5 4 4 SIM 412-12 12-30 12-15' Montana 8 15c •12^28 :: 1- -2 ' Monroe 5 12- 12- H 8 4 12-14 12- 12-21 54 'Roeser Monongahela Valley.Water. 7-4 pfd. Monroe Auto Equipment ____x4_ 12-14 12-15 11-30 t- 12-10 12-11 Realty Mtge. Co. (Birmingham)-r- ^Reliable, Stores 11-30 Life Assurance (Winnipeg) (s-a 144 Monolith Portland Cement, 84 pfd. (accum.i Monolith Portland Midwest Co.--- ♦. -•,- -. '• « 12-15 12-12 50c, Monarcli 1 8 aC 1 2 1- 12-11 I75C of Rayoriier., Inc., $2 12-12 - 12-4 $112 preferred Fund convertible 3 7'4C ,i Modine 12-14 25c 25c. Lone 5'7 12-12 /,'12»26n-: 8 12-24 (quar.i_7—_w Car, Non-cumulative 1, partic. B ' Steel 11-30 - 12- 1 Inc. (George) Ralston 12-26 445c- Modern 12-18 1- 12-15 450c _____ 4 ;430C.;. Mobile 5 13MC 6'./ Steel Missouri 12-U 'SIM Drydock, Mississippi 12-5 1- Ltd.— (accumulated)— Co. 4 (quar.i .12- 30c 12-2L 12- •'"■. .' (quar.i. partic. Service Co. 8,7'. dividend Marine series preferred 7'r- )• • Extra 12-15 47laC 12-20 2 1- 1 - (year-end) Ltd.— preferred (quar.) Public Electric.Light, 64 Ltd.— '. Machine Mississippi Power, $6 12-15 12-15 preferred Milwaukee Gas 1 35c 1—__ (quar.) (resumed) (year-end) Co. Steel American $2.50 Ltd. Co., Gotham 12- SIM __ 8 Michigan Consolidated Gas, 64 1240 25c preferred (quar.i___—_——4—4 Stock Telegraph Co. (quar.): & Ooldblatt 12-21 12-19 „ 25e ; ___ 12- $A-,'zC ' Middlesex Water.-Co, 12-10 5c , 12-22 4_ rets, Michigan Silica Co, 1 12-7 12-31 35c common.—.— Co.t„_______ Co., 12-28 Si (accum.i — ____——._x._ (quar.) Globe-Wernicke (quar.),. (quar.i_— (year-end 1—■ (quar.) Girdler (year-end) 8 McManu's Petroleums. Ltd., partic. pfd.: (s-a)'••Merchants & Miners Transportation._x_4i'/V 1 15c (quar.l■„ pfd. $6 pfd. preferred General Great 12- 15c General Golden 12-15 (quar.)_'_— A General 7'r 12-15 k.,x_ deposit McLouth 12-31 50c (quar.l——: common 5 12- (quar.) 4___4^c__x4_'_ McBryde Sugar Co.; Ltd. 12-15 12-30 $ IM- year-end General American Transportation Gold 1-20 12-30 (quar.)-;.—__ 1 12- 12-22 , 12-11 35c S6 $3'- Gas, International Maryland 8 $1 — Acceptance Corp.* 12- 1:35c : Co. Massachusetts 1245 25c (year-end) com. Brewing Gannett $6 1- 2 25c —— Schmidt General . 12-23 37 Mc (quar.) —4— Distilling, preferred County convertible Fuhrinann Gas 12-19 Products__4_ Ltd., 1 11-19 —. Natural Ky, 4 12-12 (interim) pfd. (year-end)____ Marven's, 1149 11-24 (quar.) ___— Frankfort 60c 11-24 50c Brewing Public 12- . A Star Marlin-Rockwell ;Corp. 1 . _______— Co. (Peter) Extra 7'r 12-1 $1M Insulation Foundation Fox 12-10 12-15 50c . 25c B-____-,— common—— class A pfd. (quar.l (Canada) (quar,)— 12-21 t 12-15 2 12-15 $1M fquar.) Laundry 25c _4 ___Jl4 (quai/)__„___________i___/ Marion Water, 7 4 preferred (quar.)_4._^_4 Maritime Tel, & Tel.,. Ltd., common iquar. (_* ,12-11 25c Foster & Kleiser Co., Progress .Putnam (interim) 11-30 , $4 Formica 12-10 — (quar.) Natural Calculating Amer. 12-12 2 50c — ' 12-21 4 8'4 ' ' pfd. Co., Co. Lambert, 50c Margay Oil Corp. Utah- (s-ai, (quar.) Mills Florence Marconi 12-23 12-15 2c 62 VaC, Marchant 12-13 2 1- .$2 ■ _ & __4_:___4 C.i D. of shares non-cum. 6'7 • 12-15 12-28 $1 St (quar. preferred Pratt River & Canal— (stock Madsen Red Lake Gold 12-22 2 12-30 30e Metal Lyon 11-19 1 18 1st 15c Inc.__„ Theatres, Provision, Lunkenheimer 1 12- Louisville 8 12-15 " (quar,) Corp. Northern for each - 5 12-15 50c (year-end.) and A 12-15 35c _____ (Bait.)— (quar.l—4 Corp. of Ogden, and A 12-10 50c of share 12-10 12-24 25c (quar.i____— Fund Stores 12-24 . 50c — (quar.l—, (yeai'-endi Penna. Industrial National 1 12-15 1. Gas - 50c Pollack Mfg. Co, (year-end) Power Corp. of Canada, common 20c ' 4_4__4 preferred Cordage 12-15 25c 2 1- $iM 2nd & 1-2 _■ ■ Star Johnson 12-28 75c (Marcus) Tr Lone 12-U 50c Fidelity & Guaranty Fire Corp. Financial 12- 2 65c (quar,)____ Loew's 1 12-21 10c (year-end*, J. 12- 12-10 . 50c _____ Corp. of Insurance Federal 25c . (extra) Warehouse & . Extra preferred $3.25 (year-end) Co. 1- 12-10 . $2 12-11 2-1 - 1- 37 Mc _____ 12-21 12-18 prior Plymouth 2 12-28 $14. (quar.i_ (quar.i Co.—-; non-cumulative 4$ I _4___4___44_ Steel Chain 4 12-12 12-10 1-2 1- 15c 6 77 (year-end) Mines preferred (year-endi & 30c Co. Co. 1- 12-11 12-19 12 Mc (irregular) (Charles! 37 Vise (quar.i Long Lac Gold : 12-11 12-24 70c Pittsburgh Fort Wayne & Chicago Ry. (quar;! 7'ft preferred (quar. ! Pittsburgh Mettalurgical 12-19 : 1 12-10 12-24 (quar.) Amer. deposit rets, ordinary regis; Pioneer Mills Co.. Ltd. (resumed) 410c "■ __4__4__„_'_ preferred 7/7 12- 1- 12-21 $2 62'/a c 12rl5 1-15 $1 Mi (quar.l7. Pinchin, 12-31 12-10, - <quar.)____„____„; $2 12-19 4 (Ontario)—, (Wash., pfd. 571 12-10 :15c 12-10 12-21 Corp.— 12-30 12-29 , Corp. Works, Corp. Co.,- $6 11-30 5 12-15 12-19 $1 Philadelphia Dairy Products— 12-23 12- 15c Year-end 1 2 30c - SIM Co. Co. Co. , ' 11- 1 75c 12-8 2 12-15 12- • 28c 12-15 1- t-2 ?$i'/4 ; : , 12-11-, 12-15 Semi-annually 12-20 2 Mfg. Locke 12-9 .1- 11-30 80c (interimi Littie Schuylkill Navigation 12-10 12-10 25c 5- 25c (quar.i Match Little 12-15 12-21 $1.60 ,. (quar.i Compress Service prior preferred Lisk 12-15 2 12-31 3c (resumed) Corp.. (quar.)—, Fairbanks 1- 12- $3'a (year-end) participating Lion 12-15 2 12-31 $1M" (quar.) _________ (quar.)__ Co, Cleaner Vacuum .11-24 I- SIM ordinary—,—___\ National Watch Co. (year-endi-. Elmira & Williaipsport RR., 7(■< pfd. (s-ai_ Elgin Emerson 12-10 50c (resumed) Ltd., ,.12rll 75c 12-15 $l hi (quar.l____ z 7/4 12-11 12-15 425c $3.50 non-cumulative preferred Corp., 12-15 10c s Ecuadorian Locomotive Covimon 12-U 10c, (year-end)— preferred (year-endi _______ Eastern Malleable Iron Co. (year-endi 4. Eastern Steel Products, 5M conv. pfd. (quar.l 2 $6 (quar.)_- __-;4 6 0 12-15 10c '"1- Pfizer 12-10 2 Vz ('c $2.50 preferred Works, Stove . Circle Pfaudler „ 12-30 8 ! (quar.) preferred Perfect 12-1 77c ,. ■ (quar.r__ Cement Refineries Lincoln . B Eaton Paper, Lima 12-15 62 ) / c : Razor Corp.— 1245 2 12-16 1 ; ; 48c , (quar.l Wilkes-Barre Lehigh & Leonard 1- 1:60c.. c Water 7','r - 5 $1,55- ■ (s-ai 20c Roi Company (irregular) Lehigh & Wilkes-Barre Coal lN. J.)—•' Liquidating 12-15 1 (quar,), 25c (quar.i Le • 12-15 "1- • (year-end)____ Perkins Machine & Gear, common Year-end 11-30 12-24• ■30c Portland Lawrence Perfection 12-10 . A iquar.i preferred Peoria 75c (year-endi Frary & Clark $5: preferred 12-10 12-15 : Ltd. Pennsylvania Edison, 1 12-10 12-11 12- (year-endi Telephone 12-23 Latrobe^Electric SteeL--,..: 42-1-9 Participating Eastern Landers, 12-19 __ preference Co. Sugar ;1-1 _ 8 12-15 (accumulated) Pennsylvania ; $1:U \ <accum.)_4 common Banking & Loan Co. Quarterly Worsteds— & Steel preferred Pennsylvania 122 series Bl_.____.___ preferred $2.50 11-15 1 12- $1 Mi Bankshares & Securities—• 12-1 ',1-1 12- 12-24 7 12-15 -.11- 11-20 12-24 (quar.)_: •12-17 1 1 . 10c Co. pieferred (s-ai 6 77 Co. 12- : 12-15- 12- iyear-end)___„ prefeired (accum.i__ 12-15 , $1:5V ; (year-end)___j,4_ Landed 11-25 1- . Mfg., preferred Co. Co., C.) 11-23. $ 17a . Plantation-. 1-1 ... $1^ ," _'4_ 6',/ ''Lamaque Gold Mines, 12-12 12- participating preferred Rubber Goods, common Tire & Dunlop 42-22 Telephone, convertible Laclede 7 i25c non-cumulated 60c 12- 12 Mc (quar.)— — com. Transport (J. 12-16 1 2 50c Extra :12-22 12-30 15c Fund, Penney 2 1- (quar.)*. Co.—'; Aggregates Peabody Coal $2.50 11-30 12-16 (irregular)______ _______ Dominion 12-15 25c — (quar.)— Foundries & Steel Dominion 25C laccum.) 12-14 SI u. 6'L prior preferred Plant-Choate 5 $4.50 ______ $3 12-14 $75c —•, 7 4 12-10 12-21 Chemical,, Giorgio Fruit, Diamond 12-21 25c • 12- 2 :75c . ,_4__„4—*.4, Gas, Company Crosse Sugar 1- . 11-25 11-25' 50c Debenture: Wolverine 1 1 12- (yeariend)__ Ry, 11-25* 1, 12- $1)4 • Quebec 1 12-10 U I'M A__x a-.i ; Mines Parker Co.— (year-endi Gold & pfd. 12- ' 12- ■ $i:i» pfd. (quar.i perpetual debenture stock Paauhau 2 12-10 3c & 5 11- 45c Ltd. Lime C0.1 $1 12-10 _ (quar.) & .12- $13M * (quar.) 6'r ^7 Loan 571 pfd. Service, .class Ontario , 11-30 2 I 12-24 $1 (quar.) Natural Co., La 12-19 12-21 SIM a.-j. Products Almy & 12-26 20c (quar.) (quar.) Detroit 4 (quar..t._44 Keystone Custodian 12-1 10c Hook & Island Ke.ves Fibre, 12-1 12-15 Sugar La 42-15 15c 5c Fund Delaware 25c (.year-end)__________: Dejay Stores, Inc. Kekaha Kelley J$3M 4. _____ 25C 5preferred Decca • (Canada)— (accumulated) (year-end)________———' Hotel Co. 12- Water Ontario „ 6'A class : Pennsylvania Co.__, Kerr-Addison 31 Mc 12J 12-15 , $l'a 12-12 preferred 11-24 . - pfd. (quar.) 12—31 12-21 $ i Vis Telephone, 6 7j Co., 12-10 $148 1st - Power. Forge & Machine Ohio 11-24 4 60c preferred (quar.) : Kaynee Co,, * 7'4 preferred iquar.r_____4__; Kearney (J. R.) Corp., common $1.50 preferred (s-a)___ 12-22 Witt Ohio •. 12-12 1 (1- 10c 12-24 7M . 2 12-; 1 - 37l-4c (quar.) 12-15 De Chemicals— & Power & Light Kansas-Nebraska 50c DeHavilland .1- 12- 4" !ac Brass Class B 12-1 12-12. :«:$1 (quar. 14 (quar.) 25C -— __ . Shoe Mfg. $1M Corp.— 11-20 ■' 56 (s-ai— Petroleum 12-10 40c __4_, preferred 7','r l_ preferred 5 25C (quar.l.4, Davega Stores Corp., common (year-end) _i_ 5''it convertible preferred (quar.) 5 '■(> 12- 87 4__4 Products preferred Justfite Dairy League Co-operative Corp.— Darby 12-15 dividend) (quar.)__i 5preferred 12-19 2 SIM (quar.),J. pfd. (quar.)—- Ohio Silver," 7'A Jersey Central 4 SIM (quar.) 5Va'/. 1- 37 Mc (reduced) Cuban American Sugar, 5 ... preferred" (quar.)-,;' Investment Corp. (Phila.) (quar.)___: Irving Oil Co., Ltd., 6'r- preterred (quar.ii. 12-15 12-28 (year-endi Co. Range 12- $i 1 ', , (quar.)__ (interim) Minerals preferred 12-10 75c (initial) t.year-endl_ Cooper-Bessemer Corp., common Copper 12-22 : 4 —; 12-18 . (quar.) preferred Ltd. Cellucotton International 4') 12-19 $3 Ohio Associated Pacific Coast (stock Extra' Utilities, Light & 12-11 .,20c- . 12-31 Co., Baking, International Scotia 12-31- 25C., shares group Inter-City 41-27 12-31 12- S3 _ 25c prior preference Northwestern 25c Steel; Products Bank 7'i 12-31' 1-25 '$1 (year-end( com. (quar.)__" Publications, 1-25 $1 ■ 2nd preferred, (quar. Nova Institutional) Securities— 11-30 43 Mc $3 (Lynn); common 12- (s-a|_ (accumulated).. 6 77 9-29 12-.7 ;<10C 4 (quar.) _4,_— . 12-15 : .Consumers Credit preferred ,20c (year-end) 12-15 ___t_ preferred Products 12-15 Consolidated Wagon & Machine Co. lyear-encl) $1.75 5 12- shares ___i 15c Ltd.— Corp., !12-12 ■ $6.50 Northwest , Investors 7preferred . Steel Consolidated 12-11;' • of Rec. 12ViC ' (quar.)__I: Northland Greyhound Lines, 12-19- Holders common.'... Power, preferred When Payable Northwestern Public Service," 7'j pfd, (quar.) Northwestern Telegraph Co. (s-ai , 25c (year-endI, pfd. & Smelting, 12-10 •• 12-21 • 25c 4~_ (interim) 62 VaC « (extra) 7',i ., 6"c 12-22 - Northern Ontario .; 12-8, 12-21 40c . Indianapolis Water Co.,-class A (quar.)__„•_ Class B (initial) 5 4 preferred A (quar.) 12-3,1 1-2 12-15 5/ic Steel Indiana 8 $1M _____ —x___—, Coppermines Corp. Consolidated (quar.)_4_i 4. Per share Name of Company . , . .12-24 1-4 ■ $2 . Compo Shoe Machinery, common ________ $2.50 convertible preferred (quar.) Consolidated Mining 12- *— Co Incorporated 12-21 1- $1M <quar.)_ Consolidated Amusement Co, .Consolidated 1 Scale Ordinary Light— & preferred (quar.) (quart) 5M 1- 12-28 4 $1.10 (interim;) 12-21 35c of Roc. Imperial Tobacco of Canada— 12-31 1-1 x__ pfd. conv. 1-15 30c (quar.) _________ 4MM Commercial Credit, 12-31 25c : . ,44 Imperial Chemical Industries, Ltd.— Amer. deposit rets, for ordinary 12-21 iioc . — preferred (quar.) 2 1-15 444 Holier« • -(Harvey 1, Inc. Huttig Sash !& Door 12-21 1- : ,-v, ,25c (resumed) Co. Hubbell b Situ $5c Commercial Banking, $1.20 prior pfd. 7% 12- 2 (year-end). Transit—* Rapid When Payable . ,Snare Sons (Joseph) Howe 12-18 1- common preferred (quar.) 8'/e> 2 $1% (quar.) Ltd., Alcohols, Commercial ' Home 12-11 2 12-15 :j:6e (irregular),_____ Colonial Ice. $6 preferred B (quar.) Mines d'Alene Coeur 1- & Honolulu 12-io * 12-24 1- Hollander 12-10 1-15 Peabody & Co., common, (year-end)__ Cluelt 12-10 12-21 $1M Per Name at Company of Rec, 12-15 50c (quarj Holders 12-14 ■50c Co. Controller Clark Monday, December 7, 1942 A; (quar,) - . r,-- , . 33 Mc 42-15. 37Mc 12-15 12- 9, 12r- 4 12- 4 , ! Number 4131': Volume5156 • • . rer Superior Qil.-Corp.rrNew, common Old 1 ($1 When tharc Name of Company , ,v Payable (year-end) Sylvania Electric Products, com. $5 Carbon, preferred, Thew Shovel T.t Todd Detroit Tombill Gold Truiit ■ ■ Trusts •■ 1- $l'/« 75c 12-23 4 12-12 434'A 1-2 12-19 American 12-30 12-16 A '• 1- 2 15c $2.75 ? $3 United 12- 12-11 ' 7 1 12- 12- 1 12-15" 12- 1 -11-25 12-22 12-17 0 ' 12-15 12-' 1 ' 12-30 12-10 - 6'/, 12-35 12- 1 $1'A' . 12-15 •"12- 1 Steel 12-16 12- 9 40c Upson 12- $1 35c 1- 2 Utilities Van de (quar,) preferred Victor Chemical Victoria Vihcj Corp,, . Common; 7', 7'r Co; Class Swasey B cumulative 1 12-21 12- 5- ^ 12-10 -12-26 $3 ,.12-*4 30c _ ;; America $3 12-16 7A 12-15 12- '5 4 *12- ■ ; West 3-10 v..-7r>! SI % American 12-18 75c 12-15 12- *1-2 12-18 — 12?19 62 'Ac • 25c -■ American 12-24 12-14 American' 2 12-14 American Thread 12-28 12-15 American 1- , 12-29 ' 12-15 12- $2 . 1:20c ; 11-20 12- , •r Ancles • 12-31 $13A Apex 12-12 , 12-16 11-16 Butte Byers (A. 25c 1-2 12-15 12-2 $2 Corp,—: :: I prior preferred (quar,K—-• Water, ,7'*t preferred <quar,)/./__/_ 12-15 12-. 2 SI A ■ 12-23 • ^$1% 12- 4 1-15 .1- 2 . 2- SI (A. 12-16 11-30 $iv2 12-23 12- 12-23 12-9 12-21 12- 12-21 12-. 4 25C. $13A , it 12- 12-19 "12'Ab1 CoiViyeatvend),-/-_ preferred .(accum,) 7 5'.be 12- :11 1 5, 4% 7 11- 4 12- 4 12-15 5Vo "preferred.. preceding table. 7A 12- i ; 8 - 12-18 12- 8 1-22 i- 8 „ A ',r ,..\J AA- //,-Mi?,Name of Company , 4'V preferred Acme $1 Adams Oil Adams Gas & 'Aero Supply Mfg., - 12-14 " 12-11 12-23 ••V;l- 1 > urn 1- Alabama h'h Great 12'1'C Co.r—I Southern RR.: (ordinary) preferred— participating 12-14 12-24 $4.50 12- 1-2' 7 5 $1'A 12-29 12-19 $$134 1-1-43 r 35g 12-23 75c 12-10 — Allegheny Ludlum Steel, common————:_ Allen Industries, Incl (year-end)A——, Allied ChemicaL & Allied Laboratories—1 Dye Corp. •*' tquaiMj—_l_ 12-21 12-15 1- Allied Stores coimnon_^_ja—— Oor.p., $laA.. - ./ Alpha 12-15 12- v. 6A Portland-Uementr. (year-end of America; com. (year-end) preferred ^ " - Industries Aluminum iquar.) Aluminum Manufacturers, Common American 6 A Ameiican Cariboo 12-15 12- 1 12- 5 12-15 Bank 12-15 Note Co., 12-15 12- 12- : 1. 12- Reduced 7 7 1 12- 12-21 12-15 12-14 12-31 12-10 12-31 12- $1'4 12-31 American- Central Mfg., Chain & 12- ' 12-10" 1- 1 2 12-17° - • 50c 1- 50c 2 . 12-21 12-15 ;• American Qhicle Col n. -'-k— ^Extra Cigarette & Cigar, preferred (quar.) American 6'A $1 (quaiv)lkkL—-a— ■ common_C 1 —_ ffcl 72 412 V2c 1- 2 12-15 1- 2 12-15 1- 2 12-15 :!:i5c 1- 2 12-15 1- 2 12-15 t$l 1- 2 12- 5 /SI'A 1- 2 12- 5 A$2 1- 2 12-15 /2c 12-23 11-28 /20c 12-15 12- 1 $1 12-15 12- 5 $KA 12-23 12-15 25c _____ 12-10 12- 1 2 12- 4 • Ltd. (quar. t quar. Co.—- 12- 12-15 12-: i . '• 2 12-15 12- 1 12- 1 12-31 12-15 Tel. & (quar.)- 2- .1 1 12-11 ; i- 2 Radio Central 12-12 1- 2 12-12 12-12 12-24 $4 1- $1% 12-12 1 12-15 12- 1 40c 12-17 12- 7 12-17 12- 7 75c 12-31 12- 5 10c 1- $ 1 'A 2 12-19 '' $3 12-15 11-20 $3 12-15 11-20 12-15 $3.22 12- 11-27 $2.76 12- 11-27 $1'A 12-10 11-30 $1 12-10 11-30 11-30 11-30 $3 12-15 12- 1 12-15 12- 1 12-21 12- 1 62 (Ac 2-1 1-22 15c 12-15 11-20 Central 12-10 11-30 Centra! Steel & Wire SA ■> »' ■; • ■' 12-22 12- 15c 12-21 ' $6 ' 12-23 12-10 7 50c 12-21 12-30 i 12-10 $1 ' prior lien preferred__..v_— 12-19 „;7: prior Edison, States 12-12 12- 25c 12-15, 11-30 Metal " 12-31 12-15 7S2 (A ' ; 1-2 12-16 •» 12-1 preferred- (quar:)& Executor 12-22 12- 712(Ac 12-15 11-30 15c 12- 20c 12-15 5 11-14 9 "12- 4 12-15 1- /SI Chesapeake & Ohio Ry., common 12-15 2 $4 non-cum, ser. A preferred 75c (quar)__— Chesebrough Mfg. (Conspl.) Year-end j SI '/ / (quar.i ' Gold Mining— ■I — Cliicago Burl. & Quincy RR. t 4* 12-4° 12-14 11-27 11-27 12-14 /2'Ac 12-22 12- 5 $3 12-22 12'Ac year-end) Chicago Rivet fc Machine Co.—* 4* 12- 1 25c Chesterville Larder Lake 5 1- $1 ■ 12- 1-1 12-26 (quar.)_.__„* ■ -i._ 12-12 1-1-43 ;;7 $ 1 Va (Toronto)— 11-14 7 50C ' (year-end)- 50c SKA — _______ (quar. Weather Strip 12-15 $i k ■ 11-30 12-15 12-21 15c 6A 1- 12-10 i2-10 10c (year-end • 2 12-21 ' 12-10 12-31 12-14 75c (quar.)______ Champion Paper & Fibre, common_____: 2 60c $13/2 11-30 12-21 25c Central West Co. Chartered Trust fquar.) 12-10 10c Inc-.— pfd. 11-30 12-10 $1% $1,162/3" (accumulated). $7 prior lien preferred Chamberlin 1- $1% __ lien- preferred— Century Electric Co. ' ' > , Co.— $8'prior: lien preferred (accumulated)— $7 11-30 7c • (year-end)— 12-15 11-25 — — . 12-12 40c 12-30 11-19 (s-a) $1 12-35 12- 7 $1 12-22 12- 8 $2 12-15 12- 7 37 (Ac 12-15 ii-30 (irreg!) 1- 2 12-10 J3c 12-23 11-28 Chicago & Southern Air Lines com. TA convertible preference- (quar.): 25c 17'Ac 1- 2 12- $25c 1-2-43 12-15 Chicago +£3 (A 1-2-43 12-15 preferred iq(]ar.1— Clfickasha Cotton Oil Co. Quarterly — +7 5c $1 (qhar.).„ ' Chicago South Shore &, South Bend RR. 12-15 ■ 2 12-10 12-15 11-25 1- Towel 2 12-15 1- 2 12-15 Chile Copper Co, Z$ 2 1-15 12-23 Chilton Co. 15c 12-15 12- 1 ^ SI 32-31 12-31 ; Quarterly ' (Bkiyn.) (quar-). Harbor. Malleable Indus, (year-end),*. } 25c (initial) .' . 12-10 f 3c 12-15 11-20 35c — 12-15 12- 25c 12-10 75c 6'4J.preferrM:)quar..).kkkk!.i (quar.) $1%' - si Bibb*'Manufacturing Co7 (quar.)___________ ii-28 1- 2 1-2-43 1- ■ . 5 11-28 12-19 12- 4 1 si 12-10 25c 12-18 Biidsbopo J5t#ed Fdy. & Machine 11-30 $1'A .. — (quar,)_ 1- 2 12- 8 $1% 1 2 12- 8 12-15 12- 1 S1(A r Christiana 7A Securities com. 3-17-43 6-16-43 9-15-43 32- 8 12-15 J2- 4 $18.10 12-15 11-23 2 12-19 75c 12-14 11-14 $4 tyear-end)_— 12-18 20c 12-19 11-30 preferrert (quar.)'-——:. preferred (quar.)—— : — 5A preferred (quar.) 5A preferred (quar.)' Cincinnati Street Rwy# (year-end) City Auto Stamping tquar.lk: — Co. Clark Equipment preferred com./— ■ — (quar.) 3- 1 6- 1 5-15 9- 1 8-16 % $1 '4 ' 12-1-43 11-15-43 40c 12-35 12- 1 $1% )5c 12-21 12-10 30C 12-15 12- 75c ,—___— i.year-end)-_ Company,- 2-15 $1 ''4 $i — 5A Fuel 1- $1% J5A (D. L.) 12-16 4 -15-43 —^ Clark 1 -15-43 7 -15-43 50c (quar.)_^ Common 5 A 9 25c 10 -15-43 (year-end)k-_; (extral____.— fc 9 12- ?5C : preferred Ice 12- 12-19 25c —____ Chrysler Corporation i—-*r: k Cmcinuati New Orleans & Texas Pacific Ry.- City 12-19 25c (quar.)—________ k 1- — —— Quarterly t$l 1 $1 $1% Co.-common- (quar. $7 t$l34 (quar.)-; Birmingham Water Works, 6'A pfd. 1 2 60c _ 12-23 - Birmingham.Electric, $6 pfd. (quar.)— $7 preferred;7(quar,)_;l!:'k77---: 4 1- Service— preferred (accumulated) preferred (accumulated) Central Power ,& Light Co.— 7A preferred (accumulated) /.-ASA1: preferred- iaccumulatedi Central & South West Utilities .. Bethlehem^SteplkCo.:'1!;!//preferred 12- 12- $6 ' .Mines, 'Ltd.7(interim) 12-11 12-12 $ 1 'A Telephone OA pfd. (quar.)_ 4 >4 A pfd. (quar.) Public Illinois 12-21 _ /Corp. (quar.) 12-12 12-19 50c 25c Central Illinois Light Co. " 12-31 1- 1- $2 _■ cinterim)__ $2 7- — Telephone;.of Canada /2 c ___ Central Elec. & 4 i-29 k ,..$1 (A • (quar,) __A k ___; Ltd.— Co., 6A ••$2 'A 12- 2 12-15 12-15 r-,50c $1 * 12-15 40c 5 ' $114 2 quarterly______k_-^^___v— 10c .w-- Bessemer Limestone & Cement com. v. 12-22 1- .. ' . ^preferred '(quarJ.w'a_jr'..lL-—ixrl 11-30 1- 5 2 3- $2 (A -■ Berghoff," Brewing«Corp... (year-end) 12-10°. 1 S3'A . common.-— 1 1- -$134" - . 4^ eon v. pfd. -(quar.) Cable, 1- 75c • 11-30 preferred A (quar,) 6A preferred B (quar.)__: Ca.se (J. I;) Co.,- common (year-end)___-*,__ 7A preferred (quar.) ' Catalin Corp. of America (year-end)_______ Central Cold Storage common (quar.)__—__ 12-5 12-21 $1 (2 ' • - Company*' ^irregular) pi Canada '■;{quar,) Ber.ens -River 1 10c Bern berg-Corp; 11-30 12-15 (irregular) Min, .12-30 ' * Belding-.Cortioelli,. Ltd., common (quar.) .,1(4.. :preferred,-(quar,)-—— Benton : common——_ 12-15 12-15 t85c 6 A 10c Bensonhurst Nat'l,Bank A (quar,)-.-i'_—' 7't pfd. (s-a)c American Can Uo.. 7<< -preferred (quarrt-iU. American 12-15 12-31 25c " 12-19 1-2 12-15 ____ Quartz Carolina Tel. 37 (Ac convertible Belmont Gold 12-30 . 50c common 'Reduced' quarterly - Bell Automobile Insurance-(St. Louis) — b'ji preferred American 12-31 :/ 1-15 *50c Ul% Capital City Products 1 11-23 lv 50c Quarterly • —-ji—-—— 1 12-19 $$2 (quar.)__* 1 12- $1 ,i preferred 12- 50c Beech-N.utf Packing 11-30 12-15 12- 1-25 (extra). common 12-15 £50c • Bros., iLtd.>vc)as$.,; A .(resumed) •.'TA ;2nd, preferred As-a)—7; ,,6'A,,1 st' preferred--!./-/-'—.—— 12-35-. 2 Co.'s:, Ltd. Co.. $2(A Beatty 1*' $184 (quat.)_. fqtjarfL'—_—Liliaal 1- , 11-27 '12-12 15c ki 17o- pfd. $3 $LtA' - 12- 12-21- 75c. •• - (quar..)'-_^—-a— ••• Oil Canfield > 12-10 Bath 32-17. 12-22 -12- 1 12-18 :1:15c Carthage Mills common * Bay.uk vCigar^.v:InQ,-k>-_-,-^_-_.— Beattie Gold- Mines (Quebec.) Ltd. (quar.)--. „ Oil Canadian 1 12-10 2 Carpenter Steel Co. Bastian-Blessing Co.7(year-end) Iron/Works >i< year-end)-A——.——J— J 12-31,; lr2-43 25c Aluminum Co. 7 11-28 12-15 1-20-43 1 11-25 12- 2 General Electric, 12-15 Co.. (Conn,). (year-end)- Basic Refractories.ilnc; 12-" 4 12- 4 15C • 12- 12- 12-11 (quar.)' Ltd. com. 11-30 Corp.,. common...^...... BarnsdalL Oil Co.* •_ 12-14 50C • ■ Co.-, 11-30 - _ Pa^;iMills;^Aiii^----w^«.--wcew'-. Barber-Ellis 12-11 2 12-30 15c ;5'A preferred )quar.)__l/ Allis-Chalniers Mfg. Co..A-_i 1- 12-19. $1 *&*" — Allied Mills, Inc.—"— • 12-15 12-16 ——- Canadian. Malartic Gold Mines Barber' (Hk'Wk), 12-26 preferred (quar.)...--'—— .1——— Super Markets. Inc. pref. -iquar.)—k Alberta Wood Preserving, 7(-t pfd. (quar.) '. 7 11-30 +37'Ac (quar.)__ (quar.) 12-15 (quar.)_-_^ preferred (s-a)Bank of Nova Scotia: (reduced, quar.) $2 12-11 $7 ; . 1 12- 12-21 :i:5c 12-15 preferred 130c (year-end) Bank of Amer.-Hall. Tr. & Savs., com. 12-5 12-24 $4.50 — (quar.),— preferred $6 12- 12-14 :i:25c 12-21 $1(4 - 12-4 Albers - Power 12-12 15c (quar.) (quar.) Canadian Cottons $1'4 • Bangor Hydro-Electric 12- 4 12-14'' $ 1 'A $l»/4 Alabama ■ — non-cumulative conv. preferred (quar.) 20c • -'...7!to 1st preferred:(quar.) 6'A; preferred .(qu'ar:)A__il,.:— . - 12'Ac Mfg. 50c t20c mj/4 (year-end) (accum.) • common ,$2«C / Balfour -Building- vtc. -uquar.) * 5 12-15 2 12-15 t5c Canners, 12-15 Powder.1 Badger; •; 12-18 12- 12-15 I 1 4 $ $ 1.02 '/a ii-30 35c - (year-end) .{quar.) com. Avond'ale Mills A monthly) :A. 12-1 " 35c- 11-30 preference $1 Va .; . Aviation.. Cm-pk (Del .S.^'j-ear-end) . 12-15 37'Ac 7'k. pfd. (quar.): Agnew-Surpass Shoe Stores ' 12-28 35c (year-end) $1.50 class A (qiiarU——— Ball Bearing Mfg. (year-end)--—- 12-11 3.2-14 ■ t$l 12-10 Autocar;; Co. *- ; 20c (year-endI class B 1-2 12-12- 12-31 25c I Ltd.— $1 __ .$2.50 prior prefere'nee..-(quar.)iAi-i Atlas 20c Aetna Akron .Brass ; 11-13 1-15 75c • Breweries, .$1 tton-cum.:-;preferred^ Atlantic Rayon 12- 4 •(qUar.)A^l_-_'___'_Avr_A~LJ_ "Co."',(quar.)• (J. D.) Mfg. Co. -qquard t quar.) 30o* Coa$t.Line RRIA)year-end) Atlantic Gulf & West Indies com. (year-end) ' Steel 12-29 50c (quar.) 12-16 $1% Atlantic : 12- 4 12-24 t $ 1.8 5 21 • due ____ Co., Ltd., cl. B (quar.) 12-26- , i Atlantic Refining Co., 12-24 5 • noc (quar.)—7.2— $1 '(quar.)A_.; ; - 10c Laboratories, Abbott- 4 • 12. 7 common 15c. . pomm.Gnv o1 Rec.i : 40c ■ 12- 12-18 (quar.) 12-16 • 12-15 5'$lVa Inc. Permanent Mortgage Canadian 1* ■ 2- ■22 25c (quar.) Participating 6A- 12- 1 3- 12- (quar.) 12-26 ■ 12- 12-28 12' 1st preference (quar.) Participating _L— 60c . 11- 20 $1 12-10 5 A ' . 12- 15 12-15 Forging-, class A (quar.) Power preferred Canadian '' , Stone $3.40 convertible 12-11 2 12-11 t75c ____— Canadian 1° 1- 12-15 $1 34 preferred (quar.)___-. , 11- 30 $1 . preferred 6V2 A 12-10 12- 19 12-15 10c Ltd.- (s-a): A 6 (A 1 2 1- 50c Hecia Copper Corp,__ 11-30° . 11- 28 a A 12- $1% Atlanta Birmingham & Coast Line RR.— : 5'A preferred ".;,(s*:a)-^4.Ll;AlAf ——. Atlanta Gas-Light,?6 %-,pfd;.,(quar.) 5'A V 2 12- (resumed). Class 12- 50c ^preferred ..(quar,)iaAA Atlantic, Coast;Line Holder* Payable 1- 12- 10 12-21 $1% 12-15 12-21 25c Atchison ;..-' V..-' 'v Share 12- 31 ' - Canada Wire & Cable 12-21 tide, Astor Financial Corp., 75c 1st pfd. .(s-a)i--Topeka. & Santa Fe, common.,.,,! ■ •:,"-45no'iirCumulative preferred :(s-a)^.^^^^- 1 previous When 2-23- 43 12- 19 12-15 $1V4 preferred—.:.. Co.— Northern Canada 4 12-10 ■; 12-5 Per M.) B Canada $i -■ . r.5tw- .preferj'ed14qua.r.)(---.k£j.iI-,-u_'_^^__.i--Ak_' .-V 12-21 paid,; The list does hot include divi- : these being given in the / ' ■ 3-5-43 - preferred Zinc & Dry Ginger Ale, Class , 25c ■ ^ (year-end) com, Associatek Investment ;Co.*,- com. this "week, announced 7A Canada Foundries & 5° 12- 12-10 12 (Ac ■ Associated:Breweries of Canada give the dividends announced in weeks and not yet 11- 25 2 25c ; Bldgs., 7 A Co., Crushed Canada 1K20 2 1- . $2 (s-a)A 5 ,r we 12-10 Battery 7—u—a.— Water $1 5 12- 12- 2 1- 1-1-43 pfd. <quar(: 12- 1-2 2 12-15 12 (Ac (quar. ) conv. 12- 12-15 15c 15c Terminal Canada . -12-14 1-15 —^ 12-15 12-10 12-21 SKA Cement, • 11-30 2- 1- 75c $1 % /; -'/'..Extra •-4^ r 4 35c '• 1-15 (year-end) i__ Bud Breweries, r 1- $1% . Class B iyear-end)_L_- Asbestos Corp., Ltd. T 30c ;• 1-15 $1 Campbell Wyant & Cannon Fdry. 50c 1— 12-15 $13A' : - (quar.) Co. Canada 11-28 'V //AsWand, Oil fekReflning, 12- 4 12- (quar.) (Dell);-.7;%)p,fd. /ArtioomCorporation, " 12-8 12-18 ; ,■ 1- (quar.)„___„__ Calumet & 12-26 ^ common nr.,T> ,G'.n -25 3 It 10c California Ink Co 9 12-26 -• 50C - Corrugating Co. Below 11-30*; 2 V2 A (interim) $3 Mills, Ailc'arisasTMissouri' Pqwer , ' - tf •'preferred iquar.) ts-a)J_— Zeigler Coal & Coke (irregularis— (R.) 12- 12-15 1:25c (Representing the quarterly dividend .7 Nov. 1, 1941, and interest thereon) 12-26 Arnold - (Constable/. ; , _ _T— 8 $1% -.-_y $1 Wurlitier 12-16 12-15 mvz pfd. (s-a) Company, Butler 11-16 12- 12-15 Armstrong lRubber, ,class A, (year-end) •- I 1-L5 t Cotton Pipe Wheel Burgess , 12-21 $1V2 priori .preferred, (quari-) Armstrong Cork Co.; '' ' ' prefeired reg. (finalk (quar.)'/-————- Co. 12-31 75c 1 ' 12-15 25c —___:_/!./k/_/Zkl ' 4 25c = EdisonJC6.L'LlIl5I'L:k/l/_A_ -. • •IOC ■ : & Qo.: Salt 12-16 ._..k-k (year-end) Bunte Brothers 5A preferred $1 Cable_lll!-A^__^_^___,_i__ Armour Sl'A budd Bullard 12-10 - $2.25 Mining (year-end) Arizona' Worcester 11-20 12-31 $1% (quar.) Linek_.—_1 Copper 1 > 6 f\p. preferred ;($ra) • 12- 12-10 class A..__ Ltd. preferred 12- Electrical- Mfg:' common... Arcade 7A Buckeye • 37 (Ac Applied Arts Corpi'Xfyearreiuii ; 5 12-28 - Copper.,MiniugIA(^la-A- .7 1 i- Wire, Canada Anglo-Huronian,;Ltd:>(interim) 12-15 12-30 ,• 12- 12-15 Bush - Copper Ltd. 1 15c (accum.) 12-11 •• 12-15 ' Gas— 12- - Tbbaccb,',6v^'preferred (quar.) Anaconda Wire '&I. & 12-15 $3'A Ariheuser Bushf IncI (year wid) 11-20 Anaconda : Power Iron Co._ & 12-15 Co."j"5'Avpreferred (s-£)___ American- Woolen Co.,' 7 A ,pfd. 15c Electric Mills, 12 (Ac Tel.'" &'?TeL Q6.".(quar.) 12-15 7',; 1 10-24 - Brunswick-Balke-Collender, -common—_7k__ $5 preferred (quar.i Bucyrus-Erie Co. common (year-end) Fence Silk 11-30 _ 2 Steel. 12- 12-15 t$l'/2 • (quar.) Brown 12-10 (s-a)- Su-fjrty;,:;Co.Ll2ALAi. 2 Ltd.rrr " dep. rets. 6'; 12-10 50c ____a pfd. Brack 20c A .SugarRefining, 7V pfd. (quar.)_ (irregular) 1- Electric. Power 8 teoc tquar.)_7_ preferred Corp 1 11-30 Amer ica n.' Sumatra3 Tobacco 1- 4Alan) 5 12- 25c 12-10 25c S I 'A Woohvorth, I 12- _!,__ (quar..)__— 12- 12-10 Foxmdries_^„„_-^^a,__-—_ Uquar.t / Wisconsin 12- 12-19 common & Co.. 6A (E. G.) Brooke $1% Stores, Go American s$i3A — 11-27 12-31 $1% accum.) 12-30 50c 1 ;. 9° 12-4 ' 9 30c tqunr.i (accumulated) 12-11 12-15 150c $3 ', 4 quar.) $1'A */__ Corp.--'. 12-10 $KA i Extra S3 12-18 - 2 50c (year-end) Pulp & Paper, Brompton 1-15 V- - - Go. .class A: 12- •• $6, preferred 11-24 11-30* ' 1- 30c 6A preferred (quar;)__: British-Columbia Electric Ry„ 5'A 1 12- 1-15 $1 (yea-r.-end a i Columbia 12-15 • 12- ASl'A commo'ii' (irregular) A Bankshares 12-10 12-15 75c class-A Co., convertible (T. G.) British 10c ->!2t)9 Co., 5 40c tyear-end) of America Bright 30c a__^ 1-15 Wilson. & S(-2 A * v$l% common 12-24 Wisconsin Corporation Briggs & Stratton 1 12-18 2 12-26 " $1% Sanitary— «1»8 , 12- $1',4 12-15 20c 25c (year-end) preferred 12-10 ■ 1- 12-22 (Bi-monthly).... 12-19 $7 vcum/ A. (quar.). Coal 5 ,- * . . 12-22 $5 convertible dends 12-28 * •. . 50c 30c Wheeling Steel York 10c com,- (quar.)' preferred (quar.) ___/—'.!>—i_ — Water Service, $6 pfd., (quar.). Amer. 12- (annual) " American-Steel 9 1- 4-10 . '» Bridgeport Brass 12- aL-'I'—a preferred 1-20 , Wood Brewing Corp. 4 preferred (accum.) 32»Ac Westmoreland 3 12-15 ■ 50c Westmoreland Water. 6A„ preferred Westmoreland, ./Inc. (quar.) . Breeze 4 12-15 Ameo'ica-n - Stamping- .-Cov••( year-end) 4-20 West Virginia Wichita 9 1212- 2 1- Smelting &, Re fining-— American 12-15 3-20 ' ts-a)— Penn Power Col. 4Vn A 12- 12-24 Ship Building Co.> com. (year-end) $ LA- ' ■__'/ 12-19 50c Light & Power Co., Ltd.— (interimi 12-24 12-19 non-cumulative -preferred— .Common 1 » 12-12 12-21 Co. Penn Electric, Bondholders Ordinary 12-28 (quar.) (irregular). Rolling- Mill-Co., preferred "7/A r.s Si (quar.)— (quar.) preferred West 12-15 25c Safety Razor ? (year-end) n::Seat*Kap - (Del.): '■ (year-end)■ American . 12-1' - West Kootenav . 12- 12-18 1-2-43 ' ' Brazilian Traction ProduetSi:commoiu__- American-Service $2'A (year-end)*.-' participating . preferred Power & Light— Bow-Bilt 11-25 11-19 Common'(year end) 12- $1 .t___'-/—/-/ common 11-25 12-15 Paper Goods, 7'A -pref. .(quar.).-i American 12-15 30c __ tyear-end)—. Wayne" Knitting Mills,' common (year-end t'_ k ' '6'■* preferred (s-a)__l— Wellington; Fund, Inc.' Hyeai-end).'..Ai!'. West Boylson Mfg. (Ala.)-—■>" 1 '>*. \ '*'« non-ciun. partic. pfd. (irregular)— West Canadian Hydro-Electric Corp., Ltd.— & 12-19 $1:A Aircraft Warner 12-10 12-1 ' Waco Bearing Co, 12-15 3 $1% end) (year 40c t9 0c 12-15 (s-a) Co, (IH.)— News- Co.- - Common 12-10 '_k ;Wagner Electric Corp. „__K_ (reduced) (extra i Roller 4 12- 75c -(ycar-endbk..^- t$1.05 50c American Radiator & Standard 12-21 preferred '(quar.)///;,* '—-Vk ' preferred--(quar.— ■ Co. Herald-Traveler Bower , 75c 1 $lr(« ,, Detinning Co.. common 12-15 1 1- ♦, • 12- 12-18 $1 Wharf Co. Inc. 12-15 12-11 50c Boston Bourjois, 12-22 12-31 $14 I (initial) Boston * (quar.) 7 1-1 20C (year-end) i_. Virginia Coal & Iron Co. Vulcun - 12-24 . $1', 2 : ' . (year-end). common 3 12-26 ?30c Railway (quar,) • American (yedr-end(_.L- 8 (irregd " pfd. American • Public ..Welfare/Trust class „ Bakers^- vtc.—-** 1 2- 12- 2-15 12-12.- 2 z Corporation.—: Elevated 8 12- 50c preferred 25c 12- 12-15 (year-end)_L'-. Works Bondholders $1 '/a •• (quar.)__ 5 ,12- 12-15 25c .(quar.)_^—^--L_ Vapor Car Heating 12- • $2 - 12- 12-24 . $134 . (year-end) /"/:.„ jl— •,Common 12-11 50c $114 ' American Hiiblic ..Seryipe 1,7%..'preferred.. ,7,A preferred..'-, (accumulated) 12-22 20c Kamp's Holland- Dutch $0.50 50c common preferred $3 1 12- 12-23 $ 12 (final) Scrymser Boston 50c preferred non-cumulative American 1 $l'A. (resumed)——-——~ — Li.—k/__—!/'_ Equities Corp., $5.60 pfd. (accum.) Co., 7A 12-1 National-Finance -Corp American 20c Ik'— quar.) I * Borne 12-17 a Insulator Corp.-of Delaware, American "■ ) Wire & ' E.), Co! Borg-Warner B preferred';(quar.)-iA*rA-_v-—/,v— 7 ',>• >.. • — 7')- preferred (F. 12- 12-21 10c Brass & Year-end 75c "SS— 6'^ .conv. • Leather American Maize v- / $13.« • (year-end) -• or Aluminum Borden $1.18% \American-Machine & Foundry > 30c prior preference ts-a)—,. Potash,, common (irregular)———. United & Araericaft Locomotive, -7 '.v. ^ $1'A - 1 • 12-12 (quar.)_ $2 preferred (quar:-) 5 'A convertible:' preferred - S. Hide 'Year-end-,) k Shares— 2 . American Investment ' U, Corp. Convertitole" prion 12-15 12-15 . 12-10 - U. S. Lines Co., Hardware American / 25c (accumulated)— Distributors Shirt A American'-Ice Co.-; G'-.kVn'on-cum. pfd, '$? Aquar.t Trustsctfs.•'.A———k com. Am. " Ltd., class B (year-end) " U. 6. Electric Light it Power 1- Bohn . 12-15 40c I (year-end)^ Brothers Tobacco 6A pfd. (quar.) Top Brewing Co. 6A class A is-a) (Sidney) & Co. ?A pfd. (accum.i Booth preferred (quar.)__„■: .American ,-Hawaiian t ' (accumulatedi-_K_/_~/~kk preferred -preferred 12-12 Co. 1 Co. 12-1 Utilities Corp.— United Public ( 5 Ik.- pfd. 2 ■ 12-J1 $1'A (quar.i-^———i— ' -S„y Rope i bquar.H.^—1—— 1 Theatres, of 12-11 15C , Railways (year-end) Artists ■1- Bloch of Rec. 2 Ac Blumenthal " preferred United ■ stock pref. 12-21 - 'SI United Corporations, 5',« share 12-21 12'Ac (quar.)—-_k_k—!_■ Paper—1 a—Ljri—a—T-Union,-Metal Mfg., common (quar;)—'--A-'-' Wire - 12-12 in the a/a-lia '12-15 $1 37'AC Union Bag & Union 7 2 Holder» Payable (quar.) Decker Mfg, Co. (quar.) " Unexcelled.'Mfg.- Co. Street 12- 1- the on payable Extra. ' $6 of 13'A each held American Gas '& Electric - 10c $1 ■ 12-21 When thare Company Company Blaw-Knox 12'AaC per share $7. preferred.*— 12-.5 12- 7 15c preferred (quar.>_A-_A-_A American & Foreign Power Co., $6 pfd.—• 12-10 - 12- 1 ^ 6A . m (quar.lA__k- Co.- (Toronto Lamp Union it'/r /, 12-10 12-15 1 12-21 Oil Black & ■ Blue American Felt Co.;- common Ayear-end ) 12-21 50c 1 $5 Export Lines, common_., preferred (quar.)_„A a , 12-16 2 12- 25c American 1 12- for common ^ ' 12-21 - B,common, one",share of stock 12-26 • , & ratio . -HOc Corp. class, A 1 12-10 12-15 25c __ Works-- (year-end) K!:,:.__-k_ • Twentieth Century Fox Film, com. (year-endi 41-.50 convertible, preferred (quar.)' Tung-Sol 11-27 5 Per Name of > 15c preferred 1 (year-end) Cyanamid,Co.— -> A. common (quar.) 1 12-21- ' $laA • — (interim) Mines Guarantee & 1 12- (year-end A-— Corp. General Toronto 12- $1 preferred - (quar.• Axle Co. (year-end)_•-—; Shipyards 8 1- 12-10 12- $2'/a convertible Timk.cn ' 1 12-24 12-15 $4 (year-end) Oil—- Tide Water Associated 2- $1 • (year-end) com. Class B .•.common • (.quar;) 5 'h. preference (quar.) Special dividend of 75c , 10c (year-end) — ____ Inc. Thompson. Products, $4.50 12-7 25c —l-/-~ (quar.) preferred 12-15 of Ren. Bishop ; Colortype Co., 1999 Holdert County— Class 12-12 common^.; common 5'A 12-28 1:10c Alleghany American 5 1- 75c . — is-ai -Co., 1-15 • American 4c • , ;iexfcraK_*.— Theimatomic 12-9 , (year-end Tec i-Hughes Gold Mines, Ltd. (interim) Temple Coal, $6 convertible preferred-.. Inc. 12-19 ; Share ,* Year-end 12-12 45c , American vCoal; Co,, of ; 12-12 12-28 31'Ac _. »41 ie ;.t convertible preferred (quar.)-*—,— Tamarack & Custer Cons. Mining (year-endi Textiles, 12-28 Name of Company 4 : V 5c . ——- Stove Co. ' J l%c (year-end) par) common Tappan of Bee.: . When Pay'ble per Holder« ... . THE COMMERCIAL & FINANCIAL CHRONICLE • • 12-12 11-30 12-15 11-*>7 12-15 11-27 common-.,— ——-— $1'A 1 THE COMMERCIAL & FINANCIAL CHRONICLE 2000 Per Illuminating, Electric Cleveland common... Year-end' El 1 12-11 12-22 12-11 $28 12-14 12- 75c 12-21 12-10 31 'A c 12-15 11-25 1- Co. 7 5% preferred 1st Year-end ———, 12-15 12-1 12-15 12- 1 12-15 12- 1 (s-a) 12-15 12-1 $3 — $13.30 — Ltd., common Co., Plow : $25c 6-1-43 5-15 12-31 12-8 $13A 12-19 12-1 $1 (year-end). preferred (quar.) —'■ 12-15 12-1 25c 12-15 12- 1 $1 12-15 12- 1 Baking, common Columbia $1 participating Participating (year end) Columbian Carbon Co. _ -- $1'A 12-10 11-20 75c —______ (quar.) Commercial Investment Trust, com. 12-28 12- Credit Co. Commercial (quar.)—. preferred Life Commonwealth 1- 30c — 8 1 4 (Louisville, 715c 12-15 12-15 11-25 •|$3 12-21 11-30 $$iy» 12-31 25c 12-15 12-15 12- f3c 12-23 11-28 — Ltd. (quar.) Connecticut Light & Power Co., common..— Connecticut Power Co., $4.50 pfd. (quar.).. Coniaurum Mines, (quar.) preferred $5 — 1 12- 1- 2 1- 2 5 11-10 t$1.05 12-15 11-14 $37'Ac 12-15 11-15 Consolidated Diversified Standard Securities— non-cumulative preferred (s-a) Consolidated Edison Co. (N. Y.) — $2.50 (quar.)—. Power, $4'A preferred (quar.) Consumers preferred $5 Continental 12-15 11-6 t25c 12-28 12- $17A 1 1-15 1-2 12-11 — ——. (quar.) Electric, common— 12- 3 12- 4 12-28 12- 7 $1'A 12-21 12-10 12-20 11-20 $l5/a 1-2-43 12-15 $1% 1-2-43 12-15 20c 12-10 12- 12-10 12- 15c 12-10 11-25 25c 12-10 11-25 $1 12-31 12-18 $2.50 12-31 12-18 2nd preferred $2 12-31 12-18 3rd preferred $1.50 12-31 12-18 1st preferred 4-6%• 3-6^ Crane (s-a)—————— 5% pfd. (year-end) Creole Petroleum Crocker Common Crosley (irregular Cork $2.25 Seal & 1 12-15 11-30 12-14 12- 12-24 4 ,t 25c $1 12-15 11-27 40c 12-15 12-5 General $25c 12-31 $1 Vs 12-15 12-1 (s-a)—. , 1- $1 t$3 > 12-1 pid. (quar.).— Derby Oil & Refining, $4 conv. preferred& Canada Tunnel (year-end) t$2 Detroit Hillsdale & South Western RR. 12-15 12-10 11-30 $2 (s-a) 1-5-43 12-19 • $6 Gillette - Detroit-Michigan Stove Co.— Oil (quar.)— Diamond Alkali Co. Match Co., partic. pfd. (s-a) (irregular) Dixie-Vortex Company, common Dixon Dr. A (quar.) Doernbecher 7% 25C 7*,'o — 85c Duke Power 7 (A Dun Co., & 2 1- 2 12-15 2 12- —' $$13A $6 Duncan Electric East Mahoney 4'Ach 6% conv. conv. El Dorado 40c 12- •12 12- 12- •15 11-24 12- ■15 11-24 12- 15 12-5 1-1- ■43 12-15 1- 12 ■15. > $iy8 common 75c 1- 2 Gulf Power Co., $6 preferred (quar.),...: 1 preferred (quar.) Utilities, $6 preferred 12-15 12-15 $1'A $i'A $1'A 12-15 12- 1-2 1- 2 12-5 , 12-13 12-15 11-30 62'AC 12-15 11-30 62'AC 12-15 11-30 $1% 12-21 12-10 25c 12-7 11-28 Hammermill 12-4 20c pfd. , (quar.) Paper, common Hard Rock Gold Mines (quar.). preferred K. Kalamazoo Kansas / . (accum.)-... » ■ 11-30 50c 12-15 12-1* arrear •, (interim) common $5c- (quar.)_ (quar.) (quar.) , • 11-30 50c 12-31 $114 -12-31 "15c 12-15 40c/1 12-21 $1.06V4 2- 1 50c '12-24 $l3/4 .: 12-15 12-15 1-18 12-10 ' ; 1- 1 12-17 1-6-43 12-7 1-1-43 >12- 7 1-1-43 12- 7 12-15 12-15 42- 1 12- 1 12-15 11-28 30c (extra)—— 12-15 12-15 12- 5 15c (v- c-:"r ■ t 1 A—A_—_ ■ $1V2 Co.^Li.., ______—-/ 25c Kelsey-Hayes Wheel class B—> 37'Ac 50c -11-30 12-15 12- 1 • ^12-15 12-1 12-15 •> ; 12- 1 12-10 12-4 12-24 », $1 8%c (quar.) l._., (year-end), *"12- 4 12-15 • 25c Special. ' 12-2T 12-15 4- 2 • & 12- 4 ■'■5 - - $iy4 > 1- 1 >12-14 - • - (quar.).— , 12-1 12-7 20c v •- — - 12- 1 12-28 (quar.)-—— (quar.) 12-1 11-30 - non-cumulative preferred (year-end)-_ 0. $2 Co. common .(year-end). ... • 37'Ac preferred: (quar.)i..—$iy8. Kaufmann.Department Stores, com. (extra). 25c 11-27 >' 12-24 1- 1 12-10 . > 11-27 - '12-10 11-25 Service $2.80 pfd. (quarASteel & Wire>,(year-end)—« Keystone, Public 70c 1-2 12-15 25c > 12-15. ,11-28 4 $2 12-10 12-1 Kings County Lighting 7% pfd. B (accum.) : 87V2C 12-29 12-12 6% preferred series ,C. (accum.) -75c >,12-29 12-12 /> 5%. preferred series D (accum.)62'Ac 12-29 12-12 " .Kleinert (L B.) Rubber (year-end) 30c • 12-11'. 12- 1 Klein AD. Emil) & Co. -5% pfd. (quar.),____ 62'Ac 2-1-43 , > 1-20 Kimberly-Clark, Corp. jcorn, (quar. 25c 1- 1-?. 12-li Keystone Kilburn Mills ....;—-A---1- . , —. .. . ,f.„ Extra-^-'^—,,..50c^ preferred (quar.). $iy2 6% Kingston Products Corp;.... . Kress 6'A (S. H.) class 40c 12-14 '. (quar.).. (qu.) (quar.) ... (Samia, 12-38 1-15-43 12-15 12-5 3%c 12-31 12-23 12-31 j-T-43 1-6-43 . Lane-Wells 12-15 $$l,„ l- 2 1- 2 12-15 12-4 12-15 10c 62'Ac 1-2 12-21 $1% 12-15 12-5 25c 12-15 11-25 common.—... (irregular) 17-24 12-1 12-14 $50c Co. 12-23 < Ont.) preferred (quar.).. Land is: Machine .Co.— 1% preferred (quar.)^.. . —. ' 11-20 1-2-43 $114 $20c Extra Co. 11-20 .. 2-1-43 17'Ac ; > 11-27 -■ 50c .Semi-annual &, Sessions 1 12-1 $i3A ...— & Invest. Co. -. -12- $iy2 Laclede-Chrlsty Clay Products Co.— ,«%• nreferred (quar.) Mines,, Ltd. 12-11 12-14 15c & Co., common..^!._________ A ■: 12-11' 2 12-11 special preferred (quar.) 7c/o 2nd preferred (quar)—. Klipnenhe'mer (B.) & Co. (s-a)— La Salle Industrial Finance Corp. com. 70c 1- 12-15 12-15 25c Kroger Grocery & Baking— 6%-1st preferred (quar.)., . 12-23 -■ 5c, $l'/2 Kinney.Mfg. Co. $6 non-cum. pfd Kresge (S. S.) Co. (reduced) Lamson 12-10 12- I • Drug Kern ^County Land 8 12- 4 12-15 12-15 12-15 12-15- •. • $2,50 12-15 12- 1 12- 1 f$l'A ; certificates Kerlyn Oil'Co. class A . ;v'.43c,;..r 12-23 12-15 12-15 t$l% t$l3A 37'Ac certificates Kennecott Copper,— 12-,5 • 75c 50c Steel conv./preferred 1 ... Vegetable Parchment—.______ Kayser- (Julius) -. 1- 2 $1 y2*1-2043 25c 12- tax 4%. 6% ? - 12-15 Canad. (quar.)— Co. Lambton Loan . 12-19 11-30 12- 1 $4.50 13- ,lv 1- 12-26 -1-15 12-15 12-15 12-31 City Power & Light-— Lake Shore 1-15 40c 50c 50c 25c (quar.) 1-8 11-27 12-10 50c $6 Katz ; > 11-30 12.-21 12-18 12- 7 12-11 (year-end)50c arrear preferred B (quar.) Kansas City Southern— r 12-5 \ 1-14 1-15 2-1 12-11 B Battery W. 12- 5 25c. 1-28 25c (quar.)__-,--______._.--___ Laughlin & 12-21 7" %V/s ^ v common preferred 42-21 -60c , (interim),t Harrington & Richardson Arms Co. 25c (quar.)__.^.__ 12-22 12-22 57c (quar.) & Co. 12-5 25c $1'A ; preferred (quar.),._ Mines 12- 5 • ' Co.— Shoe 6% (C. E.) 25c preferred (quar.)__ Harbison-Walker Refractories— 6% preferred (quar.) 12-15 . 12-16 • 12-24 12-17 12-15 1 12-_J5_ 1-2 ,,12-7 Co., Inc. (year-end) (year-end) __________ dividend Manufacturing Joy 12-21 11-30 1245 12-31 Corp..—_— 50c $1'A (quar.)_____._.$l'/4 Joslyn Mfg>; & Supply common (quar;)..; 75c ^ 6'A' preferred';(quar.)i-—.c— A-^>—$1'A ■ 12-1 42-16, v Gas preferred A 5rA 12-1 ,.433Ac.. ■12-31 4lA % . $iy2 , 7% pfd. A;(quar.)._ (year-end)$1 12-24 $lVa $3 ... Utilities preferred .5r/o 12-15 4- 2 12-15 12-18 12-17 1- 1 12-15 12-31 1- .- (quar.). less Corp< Water Supply, Tea Jones • -12-4 12-15 - $1^.' $1% L• (quar.) Hall (W. F.) Printing (quar,) Extra Halle Brothers Co., $2.40 conv. pfd; 1 12-5 $1'A $5.50 Hackensack Water Co., Hale Brothers Stores (quar.) Works—— States 25c Natural Mountain 7% 11-30 41-10, 42-15 ,25c •.. ...... 2 1-15 $1% 25c com. funds 9-29 12-31 50c ••■• ■ common Salt, Co.. preferred 4'AfA . . 2 12-7 1-2-43 25c _______—._ Machinery Corporation Jamieson 1 12-15 1- 2% ...—_— Stores, 12-15 •* — * States $5 preferred - 7 , (Toronto) Co. preferred dividend - Jamaica . >,,.•■ . $2JA 7% Island . .31'Ac 1" (resumed) Products Irying; (John) . 5% preferred (quar.) , Gulf Mobile & Ohio, $5 pfdk (year end)...., Gulf Oil Corporation (quar,) Special 12- 5 1-1 - ....... 1-2 Mills.Nickel Co. (Canada), payable Southern 6% / »v 12-18 •; 12-11 « 6'A5A-preferred div.;arrear certificates... • .. ;42v,\l., : 12-18 1- 1 $Ua , Cigar United 12-21 12-15 12-10 12-31 Interstate .Hosiery in 11 -27 11-25 12-15 $2 ________ Harvester-Co., (year-end) International 12-31* 12-11 12-11 (Leased Lines)— International International 12-31* 1-15 ; (reduced) _______—$1'A Department Special 12-10 12-21 4 12-18 (quar.)... dividend International ,1 Great Northern Paper, preferred.^...—... $lv 12-10 Greene Cananea Copper r . 75c 42-, 7, 11-30 Griesedieck Western Brewery...rk'..$l.„ l2-r21 !112- 3 Group No. 1 Oil Corp '$50 ,12-2812- 7 Group No. 2 Oil ' 7.40c 12-28 ;12- .7, Gruen Watch Co., common.. 1-, 2 12rl5 Gulf ■ $2 . Ry.— preferred (quar.) pfd. series 1941 (quar.)— Oil 11-30 $1'A (quar.) Egry Register, 5 'A % 12- 40 30c ——— (accumulated) Kodak Co., 5% 12-21 $1'A (year end) Eddy Paper Corp. (year-end) Edison Brothers Stores com. (quar.) 5% 2 • f (quar.). pfd. preferred (quar.) Interlake Iron Corp. (year-end) ...... Associates— Massachusetts Street preferred 12-15 • , (quar.)._^_ 1% , i,- $l'/4 Johns-Manville Corp. , 1-15 f$l12-21 $1'A 12-31 i$l 12-21 62'Ac 12-26 $1 1- 2 683Ac 12-31 $1 12-20 (year-end) (initial) (quarterly) Interstate . , $1 (quar.)_-_____ conv. Assurance preferred Stock .12-15.-7.11-20 ; • pfd. 6% preferred (s-a)_._. Inspiration Consolidated Copper....... International Business Machine (quar.)..: Extra -,,,..>42c i 42-15 11-20,: Great Lakes Dredge & Dock (yea,r-,end)_x..Sl7 i 75c 7 12r.l5 41-30 •; Great Lakes Paper Co.— .7, Class A partic. pref. (gccum,)77*_7--;7--7 : v475c7.' ^12-31,•-42-21 ; Class B partic. pref. (accumO..-.-^..^.. J75c -12-31... 12-21 .. Great Lakes Terminal Warehouse.Co.,(s-a). >.:;20c •,.« 12-10 <...42- 3-» Year-end™..— ^20c, V12-10 12-'. 3 , 11-28 37'Ac — (s-a) & Fuel 1st preferred Eastman 6% RR.. 2 1- "; > i. 12-21 1-2 Ingersoll-Rand, f42-22 .vl- 2 62'Ac. 5-15^43 10c Great Northern Iron Ore Properties-r-... * Certificates of beneficial jnt/ (year-end). 12-5 12- •22 12- 10 50c ——' (quar.) prior preferred (quar.)— preferred (accum.). Eastern 6% Gas 1-8 25c (quar.) Eagle Picher Lead Co., com. 6% preferred (quar.) Eastern 12-12 $1% (quar.) : v 11-23 1- 25 $1'A Duquense Brewing (Pgh.) (extra) Plastic & Chemical common preference 12- •23 12- 14 37'Ac Durez 6% 12-17 >$1 $1'A (year-end)-;.-—._ — Co. 41-28 . 4'A% Interstate 41rl4 ; v-.75c (s-a) . 12-15 2 1- 60c — common Mfg. 1- 15 $l'/8 (yr.-end). — (auar.) preferred 5 12- 27 - 75c 15c —_—— (quar.) Bradstreet, Common 12-15 1- 1- common. common Gorton-Pew Fisheries (quar.) Gosnold Mills, 5% prior pfd. (s-a)......... Great American Indemnity Co. (N. Y,)— ,. • r 1 $$1'A t$l'A (quar.) conv, preferred (quar,)$iy4,. -,; 42-15 Gorham Manufacturing Cn,.fTn ^.,f. 12-31 •$$1% '____• de Nemours com. preferred 12- Common -11-27 $5 „ 12-1 12- 10 1-20- 43 (quar.) — (E. I.) preferred 12- 10 $1 $40c .. - $4'A 12-10* r 62'Ac pfd ...Industrial National Bank of Chicago— Intertype 12-12 12- 2 ,11-30 12-4 12-11 12-26 Telephone— Jewel »12r . 11-17 12- 28 (quar.)..—A- common Driver-Harris Co Du Pont 12- 20 50c fquar.) Corp. Corporation, 12-14 12- 23 25c .-r 12-15 12-15 12-15 30c , (quar.) Life 1-2-43 1 30c non-cum,-class A $2 , -Iowa Goebel Brewing Co. (quar.),..,..^.....^.. ; 5c j 12-22 • Golden Cycle Corp._..__.__.^.— .^H^w ,.^.25c...vl2-10 Co. common..„™^.„„.y v, .50c ...12-22 , 12-11 5% preferred (quar.)_....___>rw^..__7^;i?,..<$l«,Aj, 42-31• vl2-18 Goodyear Tire & Rubber common.v..._._......>-.;J25c »;, 12-15-.'.11-14 12-10 Commercial 42-5 25c 30c . 11-18 • >12-15 $50c Corp. Telephone preferred 12- 8 , 50c ' — .... (quar.) $1.80 : (quar.) .... Products International Goodrich (B. F.) 5 $1 10c common Co., 12- 2 1- 62'Ac — preferred (quar.) Draper Dravo 12- •18 —— Co., 2-10-43 >11-30 •-.. preferred (quar.) Textile 3-1- 43 Co. Mtge. 12- 4 12-15 ' 42- 5 ...—$$33A Indiana Gas & Chemical, $3 pfd. (s-a)—_ .• $1'A Indianapolis Power & Light com. (quar.) 30c 5'A% preferred (quar.)..— $1.31'A Indianapolis Railways 50c Industrial Acceptance 5% conv. pfd. (quar.) $1'A >12-15 . 1-15-43 ——— Ltd.. Glass Dominion Dominion 11-30 12- •15 <• Mfg. Mines, 12- •12 H.) (Cal) 12-5 12-26 Quarterly 12-8;. Glen Alden Coal Co. (year-end)90c *rl2-19. Glen Falls Insurance Co. (N, Y.), (quar.)___ ,• y 40c y. 1-.2 2-1- ■43 — Dolese & Shepard Co.^ Dome 11-30 $1'A Crucible (year-end) Casting Co. (interim)— Co. Die 15 '12- -$55'Ac (Joseph) Pepper Doehler Gilmer 75c — Corp.-Seagrams, Ltd. com. (quar.) 5% pfd. (quar.) (payable in U. S. funds). Distillers Class $5 12-3 25c — (quar.) 6 "A 12-23 (L. (quar.) . 12- 18 75c preferred com. 50c '•:'• (year-end)..:— Diamond Razor Bell Imperial :■% 12- 23 $13A (quar.) Co. Safety (accum.) .....a 12-21 25c Mining & Smelting_.__.___.... Refining..— Food 75c ; Imperial Chemical Industries, Ltd.— American dep. rets, lor ord. shs. (interim) ,.x50c,v.42-20a. ;12-10 4 (year-end).i__-_ y+.30c ••• 12-15 \vl2- 1 ,y'y $1 l t W.; (year-end). 75c - & 11-27,. 12-10* (quar.)__..__...._._v.i._.j. A$iy2;-v- 1- 2 preferred Giddings & Lewis Machine Tool 12-5 12- 1 12-1 50c A...... guaranteed (s-a)..: Illinois . 12-23 11-16 75c Detroit 4% 12-14 1-19-43 12-21 12-29 12-29 __ ... (quar.). Illinois Central RR. Co, General Motors Corp., common.-.--;,^...— 50c ,.42-12 r 11-12 $5 preferred (quar.), ,.$1V4 2-1-43 1-11-43 General Reinsurance. (quar.).50c .. vl2-15 .12- 8 Georgia Power, $5 pfd. ,(quar,)^.......__../vX$l^ f;,v It 2 42-15. 11-30 12-15 12-10 Illinois 12-24 1-29-43 (quar.) 12-18 .1-25 General Fire Extinguisher (year-end).25c 12-15 General Mills, Inc., 5'A preferred (quar.)..,;;;i,.$l'A •: .1- 1 General Precision Equipment_._._j^_..__..>A ; 25c-12-15 12-15 Oil Hygrade 12-7 12- 1 •" $25c > (year-end) Hussman-Ligonier, 5'/2& — 12-15 5 Co. Hyde Park Brewing Assn. - . Corp, & .Erie Huron . •(, >,35c Oil Hudson Bay. . Co (year-end) Inc.. 0)1 Co. of Texas.6% Humble 12- 7 , 15c (quar.) (quar.) Sons, Co., class A preferred $6 .. Electric Co. & Hooker Electrochemical 6% 11-30 12,-15 __n_. 7'£■ 5'/v . -.,,.$121Ac "' (quar.).....—$1'A Mfg. Houston ■ 12-15 : Houdaille-llershey .class B (interim)________ Class A (quar.)_^___-_..^; Household Finance,, common (quar.).......A 12-12 12-19 1 12-23 Devonian 12-22 , 12-5 12-10 (A) , Honolulu Hoskins — 12-24 12-10 12-15 (accumulated)———x_.: Corp. 5c . 1 ' ' 5 12-11* 12-1 11-16 12- 5 12-1 12-5 12- 5 12-10 .12- 7 12-21 • 25c Honey^, Dew,, Ltd. Jquar.) 5Vz% preferred (quar.)— 61«c 12-22 12-12 Firemen's Fund Indemnity (S. F.) (quar.) < 60c 12-15 12- 5 First Nat'l Bank of Jersey City (quar.)——77; • $1. *. 12-31 12-23 First Realty (Seattle) (irregular).. 6c 12-15 12- 5 Flintkote Company, common (year-end) 35c 12-21 12-11 $4'/2 preferred (quar.) $l-.T2Mi ; 12-15 12- 5 Food Fair Stores, common (quar.).. 25c. 12-15 12- 1 $2.50 preferred (quar.)— 62'/2c 12-15 12^- 1 Foote-Burt Co. (year-end) •25c 12-15 12- 5 Foster Wheeler Corp., $7 preferred.....—■ $1%,['•. 1- 1 12-15 preferred (accumulated).... __7 $7 12-24 12-15 0% prior preferred (quar.) ...,37V2c . •, 1-2 12-15 6% prior preferred (quar.) ,37Vs>c 4- 1 3-15. 6% prior preferred (quar.).; 37y2C.7- 1 6-15 6% prior preferred (quar.)——... . r;37V2c 10-1-43 9-15-43 Four-Twelve West Sixth Co. (annual) ... / .$2 , 12-15 11-30 Fruehauf Trailer Co., common..., 35c >12- G . 11-20 Fruit of the Loom, Inc.— 7 $3 non-cumulative preferred (year-end)..v ,. $2V2 12-15 11-28 Gair (Robert) Co., common (year-end)_____ 25c » 12-30 12-10* 6% preferred (quar.) 30c " 12-30 12-10* Gamewell Co. 7 * 50c 12-15 < 12- 5 Garfinkel (Julius) & Co., common (quar.) • 17 l/2c : ,12-31 * 12-15 6% convertible preferred (quar.).________ 37'/2c. 12-31 12^15 Gatineau Power Co., common (quar.) 115c .12-31 12- 1 5% preferred (quar.)... ,1$11A 1- 1 12-1 5 Vz % preferred (quar.). ,1.$1,38 V 'l- 1 12-. 1 1-2-43 12- 12-23 Paper common Home, Fire^ Marine Insurance . . Co.— & 12- 15c Furnace Hollander — , Bartlett Mfg. Co., class A (extra)—— Holland <. $3'A • .... 5%„ preferred 12^14 . $3 12-15 $2 50c $2 Steel . - . 11-30 11-30 .11-25 ■ 12- 5 ,12-12 General Box. Co, (quar.)^-77,—, ^l'/aC (-12-21 12- 3 Extra •< 9c 12-21 12- 3 General Candy Corp. (year-end). •v ^' 25q„„v.12^21 12-10 Quarterly J.25^A2-.Zlj. 12-10 General Cigar Co.__.__.__ ,t,: r,25c 12-19;; .11-30 Extra —.'•.<;$iy* 1 .12-19 11-30 Aircraft of Canada, Ltd.— preferred (s-a) • ; Paper Co. of Canada Hinde & Dauch Hobart 12-1512-14 -1- 1 12-31 12-31 . >. 12-8 $1'A Spencer, Holt- (Henry) .50c — (s-a) MonthlyMonthly- 12-^15 7 25c 75c .... Corp Hinde & Dauch 12- 7 ; 12-22 $1% 7% ;i 12^18 Extra. ,» 12V2c j 12-15 5V2% preferred (quar.). ,,..68.3Ac.v :12-15 Gellman Manufacturing (year-end) ,10c ,.>.12- 9 General Baking Co., common (year-end)... .10c r- 12-19 $8 preferred (quar,)-__.^__.._._u__r.___^ ,$2 iv 12-26 (quar.)—.— Detroit .12-21 Gaylord Container, common. - prior preferred.—.(year-end) Cutler-Hammer, Inc. (year-end).— David & Frere, Ltd., class A (quar.)——— Dayton & Michigan RR., 8% pfd. (quar.) — Supply (N. Y.) • 15c $2 Publishing Co., Dentist's Hibbard, 12- 1 12-19 12- 5 11-25 . $1'A 11-30* ——— Bound Brook RR. Rubber •„ 4-1-43 3-18-43 3c ' Curtiss-Wright Corp. & $10c 12-5 (year-end).— class A prior preference preference 30c .. ^ 11-30 12- 1 : 12-21 (quar,). preferred . Cunningham Drug Stores— lc,'o J 1 (s-a). 12-15 — Delaware ----- 50c 25c , 12-15 ; preferred (quar.) 8% preferred De Havilland ,50c ' 5c (quar.) — Cuban American Manganese (year-end)—— Cuneo Press. Inc. 4'A% preferred (quar.) Curtis 12-1Q 12-10 12-10 ,1-1-43 12-15 ,12-22 50c 25c 25c (year-end) Co., common (quar.)..— •_„i— >7'7o 12- 5 $1'A $1% 90c 50c end) 1 12-5 12-15 Powder (year-end) Creamery, common (s-a)_... Hewitt 12- 12- 8 1-2-43 12-15 12-16 12-15 12-15 1-2 1- 2 12-21 12-21 Brewing preferred Extra t 11-30 12-15 56'Ac —...— ... & Forster 6% $62V2C 80c , 12-14 Inc.—- Co., 7% 12-24 35c (year of Rec. 12-14 12-14 $1'A 50c 25c (G.) (George W.) Hercules ..... 11-30 12-20 50c (quar.)—.— common—: Crucible Steel Co., common conv. 3 12- 50c (quar.). Co., Drug Helme \ « $1 50c (quar.).. Co. Hein-Werner Motor Parts Corp. . 1 12- 10c — Co. . Hershey 15c (quar.)... , Holders 12-24 12-24 12-24 12-21 12-22 12-15 12-15 35c , (accum.) Co Glass Corporation Heileman , Mfg.— Publishing preferred Crown — (year-end)— Corp. 12- 12-23 12-24 25c (irreg.) ;— Electric Wheeler Crowell-Collier Crown (s-a)— com. 12-15 $1 —. America Inc., of 25c $1'A (quar.)— — Creameries — (s-a) —— (s-a)——————— Company, Common < Hazeltine .. 1 —-—- (year-end) . ,, Payable 15c $iy4 $1'A ... Hecla Mining Co . 1 62'Ac — Special 5 % 12-14 12-24 $13A — Craddock-Terry Shoe, common Crum 11-14 15c 'A % pfd. (quar.) 1% participating preferred (quar.) Copperweld Steel Co., common (quar.) 5% conv. preferred (quar.)—— 5 l!o 11-25* 12-15 " 12-15 12-15 15c Continental Telephone Co., 6 Cornell-Dubilier 12-21 30C 25c (quar.) preferred 1- 50c Continental Steel Corp., common (year-end). 1% 12-15 Co. (Del.) Continental Oil Co. 12-14 12-14 56 Ac : 1-2 35c 12-15 $l1/4-„I 1- 2 $1% ...1- 2 $l'/2 1-. 2 ,. 12-11 12-31 25c - (Chic., Ill,), extraContinental-Diamond Fibre < year-end)—A Continental Motors (year-end)—. Continental Casualty preferred Extra (year-end)—.. Co. Can 2 50c $1'A — Extra j Hazel-Atlas , 111.)— (Chic,, Co. Quarterly 2- $1 v« . (quar.) Assurance Continental 4 Corp.-— Laundries preferred $7.50 ; Electric Hawaiian * — 12-31 1 40c ... Consolidated Film Industries $2 pfd.i—.. Consolidated 2- $1'A (quar.) $l'A $1 50c 35c 12-28 12- 2 12- 5 12- 1 11-30 12- 4 12-21 11-25 \ 12-14 1-4-43 12-22 12-20 12*40 12-15 12-15 , . — (quar.)— — preferred $5 Common Hawaiian Commercial & Sugar . 6%, 50c ■'• When share .• Hartman Tobacco Co. $4 prior pref. . Federal Drop Forge Co. (irregular).... ... 7.. 250 12-19 12- 5v., Federal Mining & Smelting.—: ■ 7. v$l 12-21 12- 2 Federal Mogul Corporation (quar.)... 25c 4 12-15 12- 5 Federal Motor Truck ... y • 10c 12-21 .. 12-11 Federal Screw Works (quar.)—.——.—,^r:.25p,7 12-15 v 42- 1 "■ Fenton United Cleaning & Dyeing (quar.). 50c.J2-10 ^12- 5 , Extra ...v7'.'V. $2:j: ,12-10 ..12- 5 Fidelity Union Stock & Bond (resumed)—__ ,.5QC: 12-21 12- 4 Field (Marshall) & Co., common, (year-end). 20c 12-24 12-12 6% preferred (quar.)—$ 1 Va ,: 12-31 12-15 6% preferred 2nd series (quar.)— $1 Va. 12-31 12-15 Fifth & B Corporation..—7—.——Jw 7 $l'/4 12-15 12- 1 \ Finance Co. of America class A (quar.)..—. 15c-_ 12-22 12-12 Extra ... 5c 12-22 12-12 Class B (quar.).. ... 7, 7(5c - 12-22 ,12-12 12-11 12-10 25c (quar.) Y.) 5% 12-11 $ 1 'A — class A Cement Corp., Consolidated 1- 6</o .preferred , 12-15 12-11 11-25 12-28 12-10 • ■ . Faultless Rubber Co. (year-end), Federal Bake Shops com. (quar.) 1 55c (irregular)—— Co. Biscuit Consolidated 12-24 $1 i/a Corp., ' ,1- 2 ■ , . > Harnischfeger Corp. com. (quar.) 5% preferred (quar.) 57o preferred 2nd issue (quar.).. Harrisburg Rys. (year-end)...... Harrisburgh Steel Corp. (year-end) V,' $2»A .,1-2-43 .12-11 Quarterly —*———^74-1-43 3-12-43 12-1 25c (quar.) Inc. 1 N. :— — $l'/8 60c 50c v. 12-31 - Name of Company -;•' 12-31 1-15 < Per of Rec. 1-15 $1% — Common (extra) j 7''. Fansteel Metallurgical, $5 preferred (quar.!. . > Farmers & Traders Life Insurance (Syracuse, 11-30 40c (quar.) — Community Public Service Co.— Confederation Amusement, 8% partic. pfd.—. Confederation Life Assurance (Toronto) — Quarterly (quar.) $1'A Ewa Plantation Co. (year-end). Falconbridge Nickle Mines (irregular) 12-10* 12- 12-21 Falstaff Brewing Ky.) Congoleum-Nairn, (quar.)— ... 12-10* 1 1- $1.06'A — — Co. Ins. 75c (quar.). Corp.— Solvents Commercial > 1 12- $1.06'A (s-a) Colgate-Palmolive-Peet— $4.25 preferred (quar.) Colt's Patent Fire Arms Mfg. Co. (year-end) $4.25 12-15 $1 (s-a) Coca-Cola International Corp., cl. A Cockshutt 75c year-end) I class A $3 $1'A common. Company, Common When Payable — Coast Counties Gas & Coca-Cola preferred A pfd. El Paso Electric Co. (Texas) — $4.50 preferred (quar.)— El Paso Natural Gas, common ___ Electric Boat Co. Electric & Musical Industries, Ltd.— Ordinary registered Electric Storage Battery.—. Empire Power Corp., $6 pfd. (quar.). $2.25 participating stock (accum.) Empire Star Mines Co., Ltd. (irregular) Emporium Capwell Corp., com. (quar.)— 4 V2 % preferred (quar.) .. ——. Emsco Derrick & Equipment (year-end) Engineers Public Service Co., $5 pfd. (quar.) $5.50 preferred (quar.) $6 preferred (quar.).— English Electric Co. of Canada, Ltd.— $3 non-cumulative class A (quar.) — Erie & Pittsburgh RR. gtd. stock (quar.)—. Erie Railroad Co., common.— —— Ctfs. of beneficial interest... Eversharp, Inc., 5% preferred (quar.). 12-3 12-22 6% Paso Electric, 7'A * — preferred (accum.) (quar.) Electric— (quar.) 1% Chemical 3 $1 $1 '/8 —— > ; Clinchfield Coal, Clorox 12- 30c preferred (quar.) Molybdenum Co. (quar.) $4.50 Climax 12-15 12-19 Name of Company of Rec. 12-29 50c (quar.). Machine Corp. Clearing Payable 25c Holders Per share Holders When share Company Name of Monday, December 7, 1942 • . f , 4 THE COMMERCIAL & FINANCIAL CHRONICLE Number 4131 Volume 156 When Payable Holders When Per Holders Per share 2001 When Per Holders ' Name of Company * i Name of Company, . , . (quar.f Langley's Ltd., I'M conv. pref. (accum.)--:- LavCap Gold Mining Corp..-—-— —— Lawyers Title Insurance Co. {Richmond, Va.) G% preferred ..(s-a) .•—— Leath $2.60 pfd. & 'Co,,- 12-24 Mutual Bank "& Trust Co." (St. Louis) 12-28 12-1? Mutual Chemical Co. 12-21 12- Refineries Co. Salt i year-end) 1-2-43 12-14 35c 12-14 11-30 50c 12-15 12- 1 National 15c 12-15 12- 4 National 50c 12-15 11-21 National ——™—__ Lion Oil Refining (quar.)_-__ Miami Little RR. Co.— Cement Chicago Lone Star Gas National Breweries, Ltd. 1 12-11 _l-_k Year-end 1 12-15 12- 12-21 11-17 National 12-14 12r* 12-15 1-2-43 Class 7 A (quar.i .k. conv.'preferred —"k 12-10 11-24 National ;.' Dairy,. Productskkk 12-10 11-24 National,,, Discount. ..Corp., ' $3 $1 12-31 1-1-43 12-22 12-14 11-30 Mfg. Associates 75c 12-23 12-11 2 12-11 1-15 12-30 25c 12-21 25c 12-15 25C 12-15 50c 12-15 Corp. 12-10 11-20 12-18 12- 4 $1% 12-18 12- 4 10c 12-15 12- ,1* 12-23 1-16 Petroleum & 1-16 Phelps 12- 11-20 11-30 12-10 12V 1 Philadelphia Electric Power, 8'M 12-10 12- Philadelpliia $2 >2 12-15 11-20 50c 12-18 12-11 Phillips +371,aC 1-16 12-15 Pickle 12-23 25c 12-15 $2 *12-15 12- Corp. (quar. 1 common hi V " 25c (R. H.) Macy & Co. (quar.)_ Natomas' $5 preferred 11-30 Neisner Co,-I'M I3referred _■ ——— Marion Reserve Power, Brothers: Inc. & Field (Glenn L.) Martin 12-29 10-28 12-29 10-28 2 12--11 New .Haven 1- 25c 12-14 12-14 12-15 12-14 11-30 12-15 n-30 12-15 11-30 12-15 11-30 S1V4 12-31 12-10 15c 12-15 12-26 12-14 12-15 12- City'Omnibus 1 12-15 New York & Queens 12-15 1- Newmont 12-15 1 Mining (year-end) 'Electric Master 12- 12-21 .'_ Asphalt Mastic (year-end)k—kk^k- Corp. & Dry Dock—1 1 Alkali Mathieson preferred 7 b. 12-10 11-16 12-11 11-24 No-Sag 50c 1-2-43 12-31 Noranda; Mines, 1-2-43 12-31 Norfolk 35c 12-21 12- 12-15 12- 1 41 12-24 12- 7 $6 12-24 12- 7 North 11- 2 v • Stores McCrory Corp. (quar.) k____kk™_— McKenzfe Red Lake Gold Mines McLennan, McFeeley & Prior, :k___ 12- 12-31 12-31 >' " 15c 30c 12-15 ' 12- kk $5 '.f Junior preferred (quar.)k——k_____ I'/c preferred ' (quar.)—_k—_k— Michigan Steel Tube' Products "(irregular) Mickleberry's Food Products (s-a)_ 12-24 1- - 2 2 12- 25c 12- 1 11-23 I- 5 12- I- 2 > 12-10 1% vk 12- 12-22 25C ; 12- 1- SIVa. 12- l- v 12- 1- $l3/4 k/11- $l'/2 1 - 12-15 $1.1/2 1- 12-15 1- • 12-10 11-27 10c 12-12 11-27. 12-12 11-27 50c, 12-16 12-11 15c Midland Grocery, 6'e-pfd. Is-a)—k—k——Midland Oil Corp., $2 conv. pfd. (accum.) 25C Midvale 50c Midwest Oil Co., — 12-15 12-4 12-19 12- common 45c 12-15 11-24 12-1512-15 12- 12-12 •:/25c : •12- k—' 5c —k__— Brewing Co. (year-end)—_k—k' Minneapolis-Honeywell Regulator— Common (quar.) ; —kk_ I Minneapolis Mission Mining & 12-10 1 O'Day Corp..(year-end) 12-18 Class' A Montreal , , I'M America r (quar.)— Cotton, Ltd.,, ; ■ com, (W. R.) Dry Goods Co. ' Mountain Corp. Fuel 12- 1 15c 12-10 11-20, 8'2c 12-15 12- V 50c t k 12-21 2 11-27 $B4 12-18 11-27 1-15 common 11-25 50c 12-24 12-14/ 50c 12-24 12-14 2 12-21 (quar.)__ voting kl (quar.)„ -/ ". 12-15 '1- 2 12-15 2 12-15* 12-22 12-10 /12-22 12-10 12-10 12-22 11-3Q 12-22 *" • *' $1 Vi v: (irregular)__ Common .: • Co. 50C *;.,' 5c 10c 12-15 87 Vac 12-15 11-30 2 12-19 5-1-43 4 -20-43 Reliance '. 25c Co.' of Canada, Ltd. (s-a) Insurance (Phila.) (s-a) 50c 12-15 H-30 11-30, 11-30 12-17 125c 1-15-43 1-2-43 +$3.25 12-15 _ Manufacturing Co." $l'/3 1-2-43 $1 1/2 k12-15 50c 12-21 12- ■12-31 12- 7*4 Paul 12-15 Robertson 12-15. Roos: .11-30 tH. R.) .Co Brothers Russell 12-10 15C (Peter), Inc. 11-24 12-8 12- 6ro 1 12-15 12-15 10 c l-_2 50c 12-:15 12- 50C 12-19 11-27 1- 2 1 12-15 1-15 30c 12-29 12-19 $1V2 12-29 12-21 12-21 12- Peerless Casualty 6(4 pfd. 4 1 25c 12-30 12-16 $1 12-15 GVsM r 11-21 12-15 $1 12-23 12- 5 $1 12-23 12- 5 75c 12-18 12- 7 12- 7 '.; - (quar. $1 V'4 Scott Paper Company Co. 12-15 11-30 Scranton Lace 50c 12-10 12r Sears Roebuck & $lc 1-14-43 20c* 12-10 30c 12- 8 ,11-20 * 11-17 ' Pend Oreille Mines 12-10 11-28 125C 12-21 12-10 preferred tquar.)—™_— $4,V/a preferred (quar.)k 12-20 / Reaboard Oil. Co. (Del.) 12- 8 11-27 Seattle Gas Co., Co. (interim). $6c 12-28 11-30 Security Title Bldg, $7 25c - $3 12-21 175c 1-15 1- 1-15 175c , 2 12-.10 , 1- , 2 $3 12-23 12-15 $lVi 12-23 12-15 62 Va C 12-31 12-15 25c 12-21 $1.6212 1-2-43 12-10' 12-10 $1% 1-2-43 12-10 $1.87 V2 1-2-43 12-10 $2 1-2-43 12-10 50C 12-15 $l3a 1- 12-10 12-19 2 25C 12-15/ ,11-30 50c 12-15 ;11-30 $138 12-15 f11-30 12 V 2 C 12-15 I 12-10 45c 12-12 11-28* 15C 12-12 11-28* $1 —/ 12-14 11-27 — — 75c 11-12 12-10 11-12 12-10 $1 2-1-43 1-20-43* $1 Va 2-1-43 1-20-43* 25C 12-15 12- i $1 12-10 12- 1 $4 12-31 i' 12-10 $1V4. 25C vtc.k_k_: 12-21 (year-end) Co. (quar.)—™—--*— k (s-a)__ & Metals (quar.f 1 $25c 12-31 * Peerless Cemfent Co.4 common (quar.)- 11-30 11-27, 8'M preferred 12-10 12-10 (year-end) I'M debenture ,C fquar.)___ 7VaM debenture B, (quar. 5V2 M 1- 11-30 • 50c 11-30 1 12-10, 37^0 (quar.)_____ Power— debenture D (quar.)__ $lVi - -- 12-15 1-2 debenture A (quar.)"_____:—— Schenley Distillers .Corp. "com. 1 year-end)™ Slab/ .preferred fquar.) ______ Schiff Company,., common" (quar.) _kk__. , , 12-14 12-30 50c Schlage Lcck Co., (quar.)___ 12-15 1 11-30 12-21 '11-27 in Peck,_Stpw:".^"'.Wilcox .'Co. (quar.)_-___^—4_ 1 12-10 1- 12- 12-21 Savannah Electric & 12-1(5 12-23 1 12-15 • 12-15 Louis Bridge ,6ri'lst Savage Arms. Corp., . 12- 50c (accum.)k_.——_—; preferred 11-25 12-15 50c pfd. (s-a) ; 3M 2nd preferred, (s-a)_ — San Francisco Remedial Loan. Assn. (quar,) St. ' 12-15 $1^8 — preferred (quar.)—.11 —— St. Joseph Lead Co,_k — z— St/ Lawrence Corp. AM cv. pfd. A (accum.) MA'd convertible, preferred A "(accum.) ——T St.' Lawrence.Paper Mills,"6b pfd. (accum.) 11-19 1 12-22 1C S'b 11-19 12- 15c CO- Inc., common 12-1Q 37V2C (quar.)__k— Manufacturing Safeway Stores, 11-24 1 -$$l3i :1-15-43 25c —— Safety Car Heating" & Lighting 11-20 50c.. —1.-. 2 <quar.)_ 2-1-43 '-' , 11-20 1 $1 -.preferred, (quar.)___ :1-15-43 25c. 11-30 - Paymalster Consol. Mines, Ltd. (Interim) Peabody Coal,/6^' preferred (accum.) 4 12-10 2-1-43 tquar.) 1 1 « 1-.2 15c —__kkk— Rice ' Ranch 12-15 12-21 - 12-10 ■ $1 Va G'M -12-12 1- $$1 1-2 25c :— Richfield Oil. Corp. <year-end) _k_„_™k_k_ Rich's, Inc.,-6,V2r$ preferred (qtiar.)____: Riverside Silk Mijls,.$2 partic: A pfd: fquar.) 1- $15c 11-20 .■11-2Q 12-10 15c Pato:Consolidated-Gold Dredging (interim>__ Manufacturing Co., Ltd., com. (quar.) 12-15 \ 12-15 1-1-43 - • 11-30 30c 20c __________ $iv2 $lVi Paton . f ■, 12-16 - 12-24 2 12-10 50c payment will be made currency.- 1- 12-10 12-21 75c 1-14 m 11-19 12+10 1-1-43 12- $$lVi 5 SIV'a 12-1 $7- 12- 11-1-43 10 -20-43 50c Republic Steel C0rp„ 12-10 (quar.)___— 1- $2Va $212 , /•;, ■, Extra~rk__k——_k__™_—;— Remington"Rand; Inc.,. common* (irregtjter)k $4.50 preferred (quaf.) kk..™__k_kk__k__k_ Republic Investors Fund—" G'M preferred A (quar.)—_ / 6ia. preferred R (qUar.)__„Ti____,k_-___ ^Republic Realty Mortgage"Corp.k__~kk______ 12-10 ... 12-15 (quar.)——__ (Pittsburgh)' common ; ,12-r 1 2 - 12-21 — 1' 12-21 1- 2 -. 12-15 25c 12- 2- 1 11-18 12-id 12- 0 2-27 25c —_l_kkkk__ B 12-24 $ 1 V'2 ,' — Oil Refining Corp Class 12-15 $1 (year-end) 25c i- Appliance Co, (quar.l Patino Mines & Enterprises Consol U.1 S. 1 5 12-21 35c Parker. . 1-1 12-20 y 37 Vic .'1st: preferred-,/ (quar.— Parlc & Tilford 6/1. conv, pfd. (quar.)_*_*__ Dividend is'-5s.; 12- 1' 12-10 12-10 11-30 1- $1 VSs 12-20 12-22 1 43Vic GM 5 12-21 $1(4 .*——__—__ 4 5c $50c *(quar.) ______ Oil-Corp. (resumed).—___ (increased) 11-30 50c (year-end) preferred (quar.)__—___ (quar.) 12-15 $2 $1 Va Western - 11-30 12-15 2C 11-14 12-31 183ic ■ - 12-15 11-14 _ ?20c preferred : (quar.) Pictures, Inc.— 12- 25c _______ —: 12-15 12-15 10c Mifls 12-15 $134 Co.r common 1 __________ Light,.Heat & Power com.. (quar.)__ 1- $134 '_ Regent Knitting .Mills, Ltd.___k_—k—____k_ Reliance Grain, Ltd.,,6Vb/i/ pfd. (accum.)__ 12-15 2 1- 15c 12-11 $$1V4 ^ 12- 12-19' 12-18 Light Coi— (quar.) ReaLEstate Loan 5 1- 75c $3 4'4* . 11-13 S1U 12-15 Paramount .. 11-13, 12-15 $2/ $ 1 V'4 12-31 12-11 2 "> ' 11-28 1-15 1- 12-15 $31i/4C inC/—-i——_ Supply' fUtah) 12-19 12-15 12-15 iquar.) $l3i 4k lk 11-13' 1-15 (quar.)., pfd. Rlieem Page-Hersey Tubes)* - Ltd,_ fquar, Paraffine Companies, Inc., com. (quar.) 12-15 nm (quar.)——— (year-end),_k_T_k_'k—• —i.— - m: — — 9 12-23 12i/2c ' (quar.) 12- 11-13 12-15 12-24 12-15 12-19 2 11-27 12-15 , 11-30 \ ... , 12-21 , 12-31 _—______ 4 '12-21 $134 12-15 / 4 12- 1-2 —.— 35c common prior / preferred " (qiiar. J 12- 12-15 37VaC 50c 12-9 Pacific 3 12-15 12-23 50c 50c ' "Motor Wheel 12-15 50C 11-30 • ' ; — . 1- $l3/4 preferred (quar.) Morgan. (J. P.)k& Co. Motor. Products Corp. 3 50c 25c 12-23 5'/; preferred: (quar. Pacific Finance: Corp. .(Calif.) (year-end)__ Pacific" indemnity Co. (quar—. 11-27 12- 2 12-15 f$l - —_ 1- $134 .. . " Montreal Loan & Mortgage Co. (quar.) Montreal Refrigeratiori..& Storage—• k preferred (accumulated), k„ Moore 12- . $ l V4 12-15 11 Ottawa 11-23 12-15 SlVa •Montgomery Ward & Cok common— . 11-25* common—.—_____—, preferred .fquar.)___________________ b'/d prior preference A biquar. Reyraer & Brothers, Inc. (resumed)*Reynolds Spring,Co. (resumed)™-*;——__ Natural. Gas, 12-23 1-15 12-15 Rath. 11-20 12- 3 12-15 - $r ' ; 1— Carpet Mills,..Inc Molybdenum Corp. of 12-14 / ; 12-10 ' 'Mohawk 12-14 12-29 - $1*4 Raybestos-Manhattan, Inc. " (year-end)/___— Packing.. Co., common (reduced) 5 'M preferred (s-a) /— ; 5'M preferred (s-a) Zk____ — Reading Co. AM'/non-cum". 1st pfd. tquar.)_ 2nd preferred (quar.)__-™k™k__-_kk_____.. 11-30 2 1- <ftl - 12-22'. 12- 12-10 85C (quar.)— k—: Missouri Edison Co. $7 pfd. (quar.): Mitchell (Robert) Co.,".Ltd —k_ Mode 12- 12-29 $1V4. ' / 12-19 (irregular) 8 11-25 12-10 30C Mfg preferred B 6(<? 12-1 12-17 6V4C 12-15 Pacific Mississippi Valley Public Service, com. (quar.) • 12-15 12-15 20C 43 a'4C " 50c (year-end). Corp. 12-30 ■ 20c ? r Minnesota 1- $1.80 40c $l»V ■: 2: 12-22 12-30 5c 1 : $134 ' - preferred /quar.—: _________— Ottawa Electric Ry. (quar.)____k_"-_™ 11-14 25c — Extra. 1- $20c, ; 6','o. 11-14* 9c ' - 12-15 4c u'1 (s-a)_- preferred (s-a). ___k_—_ 8 'M preferred (participating)— ^ Midwest Piping & Supply (year-end) Miller: & Hart, Int.. $i: prior pfd. (quarJ)k__ Miller Tool & Die (quar.) ; ■ 9 11-20; 4 preferred /(quar.) _kk__k___—— 8"M 2 11-25 12-10 r,-|8*4:c Oshkosh.B'Gosh, Inc., common (quar.)_.„_ ■'*>: $1.50 convertible preferred (quar.)_______ Otis Elevator Co., common- (increased) __k__ 12-24 12-23 12-15 " 8'M . 2 1- 12- 12-16 & .Orpheum Building 11-30 $3 __ r, 12-15 25C Corp.t (year-end) Randall Rand's 25c . • 11-20- preference Corp,, Quaker State 12-22 12 Vic preferred ;(quar.) ■'; Omar, Inc., G'/o preferred (quair— "VOmriibus Cprp., 8'M preferred (quar.)k_k_„» Oneida, Ltd., -com.s; (year-end).*-—^ ..; *7(4. participating preferred..(quar,.)kkk_kj.. 12-15 1-, " 12- 12-23 \ 12- $5.50 * '$l3/4. V 12-11 12-11 1 1- Ediso'ir Oklahoma „ 11-24, 12-15 _________ Manufacturing Co." 12-22 " 12-15 •/ :$V/2 ' : 11-27 12-17 1 *20 quar.) (Quaker Oats Co., common" (quar.) 6 b. preferred (quar.) 12-22 . .... 12-i 2 12-21 10c 15c Oilstocks,4 Ltd.;/ (reduced)—r-^-kkk. •:. $ivi Oklahoma GasJ & Elec. 6'4",pfd. > (quar.) akl$134 'll'M- .preferred. ;Cqua r4klk—,«—! k-—.. 12-15 12-22 10c 25c :■__ tquar.)——_______ convertible 75c (year-end)_■_---k™- Ohio Seamless "Tube, common 12-1 1- Oil 75c 75c •h"$i.75 prior preference -(.quar—™—— 12-1 $ij/2 $1*4 9 t $ 1 V'4 & Gas, original preferred Pyrene 12-10 12-10 . 1 $1 '/a - 2 2 25c .Oil- Co.,,' comm,on.;_l-—• v* $lVi " 6'1 preferred/(quar.)_—k-ka_-__-_:k____i_ '= 11-25' $1V4 5 1- 1- 6%ivpreftfr'reJd*,dquar.)i"kk"*——iuk'-k—/SlVa pliio" Match; Co./fyear-ehd")'-—'vk—w_kk--k_k ; 5.0 1 $i3,4 : 12- 12-30 75c 71 Vic y Ohio 1 12- 9 * Finance/Co", 'cprnmon-fquar:)——_„k 5'A-; prior,'preferred (quar.) 12-12 kv'sm prior 5 b/ Ohio,. 4 1 preferred G'M preferred - 1 10c 1 Pure ^"-''/$71;preferredk(qpar.)_'/.k— f $7.20 prefer/red : (quar.)kt——kklLkk_k2_i__'"j; 12-16 6 2 Va C (Phila. (year-end) 12- r 3 7 M one River-.Insurance Co: fquar.) _™„—___ North Star Oil, I'M, -.pfd..(accum.")——ikk* Northern Empire-Mines Co:; Ltd: (interim )_k' 12-17 12-23 $1 ui 5C Co. $10 12-10 Co.,"" $5 preferi-ed (quar—— • $114 $6/preferred (quar, )k_—™k™™—™—SI Via $6.60 preferred (qua,r.)*k-™k—k — $1.65 12-17 1 I'M 1st preferred (quar.) Pullman/ Inc, (quar.) i 12-15 ./• 9 1- $ 1 Va — Middle West 12- 2 11-24 $1,311/4 $6 Mid-City Bank & Trust Co. 12-10 Ohio 12- 12-15 25C Oil Elec. Service Non-voting . 12-17 12-31 5 b? 11-2Q 11-30 (year-end)-™_^k-_—a—:_k—— ' Nor walk'Tir e, . , preferred (quar.)— / $6 preferred ,(quar/.}™_ —, $7 preferred (quar.)—i._——k^—__lk_— $6 prior preferred (quar.)-i k-—k_ •.$7 .prior preferred quar.),kk—k-—k Michigan Associated Telep., 6(1/ pfd. ,(quar.) Michigan Public Service Co.,.,6(«,pfd. (quar.) G'M preferred series 1940 (quar.)„k—___ 1 12-15 12-19 11-27 _• 25c , $$1 $2 Va $10 (accum.)—dividend; 11-20 preferred Publication 5 12-15 11-25 . :• Metal & Thermit Corp., common—1—uk_„_k_ 7b>, preferred (quar.)___™—I—: Metropolitan Edison Co.— y k -. :. ' : ■ 12- 12-15 12-20 12-21 ' & iMesta Machine Co.__— • 11-30 12-15 k Rubber Cor,-fii "'preferred— til.-31%-. i-2-43 12-10 Norwich Pharmacal " _k'_—kk_—k——k 15c 12-30 NU-Enamei/Corporation,' common—k-k-aklk 71/2c 12-15 Oahu Sugar Co.,'-Ltd/.' (year-endI__'_/_kk—— 35c $ 1 '/a - 1-1-43 '[■ Merrimac .Hat Corp,,, common_u__kk.HL.n-™ •.* 12-23 12-12* 12- 12-15 8V2C Trust Corp. of N. J.— Puget Sound Power & • - (stock & 5b/ pfd. 7 M 4 25c North 1 ' Company, common-———— 4V/aH; preferred (quar.)— 5Va'M. preferred (quar.)— —i— _k———— Mergenthaler Linotype Co. (year-end)—— . 12- 12-23 12-24 $5c $5 II-30 12-15 $10c G'M] prior preferred (quar.)_k_k-_.k----__ North Central Texas 11-27 ; , Class B V 12-11 $2 Merck i 12-10 50c 50c (quar.) (quar.)____^ Public 1-15-43 2-1-43 12-. 4 25c (quar.)__ (monthly) _: I 'M. preferred (quar.) / 8 b*: preferred (quar.)— 11-27 . $50c r 4 ■ 12-15 11-21 , $3*3 ■ Public Service of Oklahoma, 6'M ;; 12-31 121/2C _ pfd. (accum. )*_ 12- 12-15 25c Mengel Company, common (year end)—k.—■ *5'> convertible 1st preferred <s~a)_——k," ■//■'SI >/4 Merchants Refrigeration :7M • 12-15 , $1V4 approval- of SEC) T__kk_„k preferred "(quar:) —k_— 534'/l preferred; (quar.) k—ku-kauu-—_v—u North American Rayon class A (year-end)__ 1 Service Detroit ,Edison; capital stock, for shares' of "common held) (Subject to 3 12- ;i2'/2c i . GVu'M 1st preferred (quar.)__ .k Mead Corporation, common iyear-end)._kk™' Melchers Distillers, G'M partic. pfd. (s-a)k— Mercantile-Commerce Bk. & Tr. (St. Louis) 12-15 12-15 WH class A (quar.) (quar.):——;k—___ "fClass B , M. 50 Co: 12-18 (s-a)_„k_. Bank 12-10 1 15c +3c V. Co—T_____™ (quar.)—-k McKesson & Robbins, 5KMM pfd. (quar.)—' Publishing .McGraw-Hill Df stock National 12-23 (accum.).:. preferrett series B "American each 12-11 1-2-23 25c 1st share . 12-10 (quar.)_ $134 <quar.)__ 1-15-43 12-31 SI (quar.') Mines 6'M ' Corp:—* **" 1st.preferred Series A $6 1-2-43 25c. $l3/4 (quar.)— Cashable 12-10 1-15 " Mclntyre Porcupine Mines, Ltd., (extra)— « American Car North 5 10c : pl'd. pfd. 11-20 (quar.)i—— Ltd. Dome 1st 12-14 62 ViC Co.k_,_—k___ Western; Railway com; & 5'M 2nd preferred Public 1. 11-30 12-14 12-29 ... Spring 11-28, 2-1-43 (N. Y.) 12-17 Niles-Bement-Pond. (year-end) Nipis^ng,/Mines,;.Ltd. (interim) _i—ko.—k- (S-a)_ (quar.l—— Works, common————— 5 12- ' 15c 12-12 2*.'4C _ 11-20 12-19 75c . 11-25 Inc.__ 60c 25c Corp, 1 12- 12-10 ;__kk- ' Elec. Lt, & Power, com. 12-11 10c Common (year-end^ __™k $5.preferred (quar.') 6'M preferred (monthly) $5: convertible preferred" (quar.) * Niagara Lower Arch Bridge Co., Ltd.k—— 11-30 12-15 7c (quar.I—4™__™__„ Co. 12-21 :$$i% $1'' • 1 12-10 (,Procter & Gamble 5'M Pfd. (quar.)__l-____ .Prosperity Co.. 5M preferred (quar.)_ Protective Indemnity Co.k Provident Loan & Savings Society of Detroit— Common (quar.)™ Public Investing Co. (Phila.) orig. stock (s-a) 5 ■ ) Insurance 12- Newberry. (J." J.)*"Cok common-(quar.ty— 1- Alexander, Public (resumed) Co: York $ 1 Va (quar.)—— RR. 12-24 ' $1 Central York New 50c V (year-end)—^———" Glass Plate 12-21 $1 11-27 12-10 40c 5 b? 12-15 2 15c Laundry, Ltd:— ;■'' preferred (accunr.)k:— GVi'M New 3* & Pressed Steel. Car, Method New 11-30 $1 $11/4 1- $1V2 (irregular)— 25c Massachusetts . 1 25c Zinc Co; 12- 1 62*2c 12-15 " 1 2 15C Paper & Box Co., I'M Preferred Accident Insurance (quar.)—:'kk——kkkk-k_:____' Inc. Idea, New Jersey NeVport News Shipbuilding Screw Products 12-15 Pollack Powdrell 11-27 Maryland Fund, Inc. (year-end)— _™_k™__Masonite Corporation" common (quar.)U~—: Masco 12-15 11-30 87V2C ' _k 12- 11- UOc dividend 115/1000th of a share for each'share held) ______________________ 2 50c 11-27 i3c (s-a)__ 1- 2 50c (quar.) 11-21 11-30 50c New 11-30 $ 1 V4 Co. 8 11-25 (year-end)______ 12- prior Water 12- 12-10 Stock ,,, "England Public Service Co.— $6 1, 12-15 20c Co. 75c lien preferred "(accum.)_k_-:____ t $7 prior lien preferred "(accum. New England Tel. & Tel-Lk—— : (quar.)- (year-end) Plymouth Oil. Co, Preston East New & Co. Co. 1- 25c 11-30 Co.— (Marshall) 12-31 Wine Valley 1; 12-11 45C A__ (interim) 12-15 * See 1-15 Pleasant Ltd., 12-15 (quar.) 12-/1 1 Marshall Field 12-' 2 Development, 25c 12-23 ; 50c , $5 pfd, 12-12 1- 75c 12-15 _ Extra , class $3 Va- (s-a) 1 25c Consolidated-Mines (year-end)— Magnin (I.) & Co. (quar.) ; Magor Car Corp. (year-end)——————. Mangel'Stores Corp, $5 conv: pfd. (accum.) ■ Mallory'lP. R.) & Co. com. (year-end) Mapes Consolidated Mfg. Co, (quar.) _™ 4 '12-15 25c 25c WW Magnet 2 50c 10c (quar.)—. Co ___*™_-_™ . Copper '12-2 Placer Company-: iquar.*)_k--kk-kk—k-kk_Cement 12-14 Si'A ;_™__*_™™™ Magazine Repeating Razor common Magma * 11-28 12-10 ' ■ ' 12-12 $4 12-21 2 12- Mtnes..__„__ Pittsburgh Oil & .Gas-Co. Pittsburgh Plate. Glass (year-end)__. Pittsburgh Screw & Bolt„________„__..: I-15 1 1- 12-10 12- 12i2l Pittsburgh & Lake Erie RR (year end) — Nazareth 12-21 10c "... Tank, & Gold 11-27 National/Steel Car Corp., Ltd. (quar.)k——k ' National Sugar Refining Co. (resumed) National' .Transit '.Cd'. •• (year-end) kkk-kk / 11-27 2c , (quur.). Pump 12-22 2- 75c 12-15 1-15 pfd.„_61 27/100c 12-15 ___—— 11,-30 $1 (quar.) 1-2-43 (N. Y.)— 12-11 .. 11-30 12-29 $1*4 pfd. partic. 25c $2 11-21 25c 40c 25c 12-15 6c 11-20 $4C $134 50c National/Steel 8 12-15 $l*a Transportation Crow. . 5 12- (quar.)___. Corp; _.._k 12-15 12-18 Pittsburgh Brewing Co. $3.50 pfdkfaccum.) Pittsburgh "Coke & Iron (year-end) Pittsburgh Forgings $1)2 • 1-2-43 $3 (s-a)„___ , Philcn Steef Castings— National'Safety Bank & Trust Co. 12-22 1-2-43 $1% 12-24 'k'kk_kk-_Lkk_'k———— k Refining Co., $6*prior'pfdk (accu.)" " National 12- JL 12-30 12 "2c ' 1 prefei red 1 61 '4 c Pilgrim Exploration C6.._______ 12-11 $6 1- 4 $134 Corporation. Co., $5 pfd. (quar.) Philadelphia 12-15 12-15, 1- $ll2 Trading Corp. ciass A (accum.) Dodge 12-15 (Year-end) .' 1 $ 1V fquar.) 12-18 . _k_ 11-28 1 12-28 5C , $1.06*4 40c (quark- Lead.Co.; ".common (quar.)k—k—Tu 6(0 preferred B :(quar,)"k kk— 7,'M preferred A:(quar.) — —— National'Linen",Service Corpv (extra) ___k : 11-30 12-15 Ltd. 1 12-15 25c tquar.i (quar.) Gold .Mines, Perron 11-13 25c $lJ/4 , Steel Corp.—I'M convertible preferred (accum.)__ MacLeod Cockshutt Gold Mining (interim)_ Co., 11-28 12- (quar.)__ com. preferred 1 „•••' .1 45c $2 4'yi , (quar.) National National; Malleable & Co.. 2- MacKinnon jEX 11*8/ 11-28 Milk 25c 12-11 , Pet 20c Xk-kkk-k— common 11-25 —— ' 11-30 2- (Del.) t$10 — Trucks, Inc. Myear-end)—— Mackinhie Oil & Drilling Co.—I-, Macmillan * 9 75c - 12-23 Mack •f 12t common _ 50c ' (quar:)_k_k__ 12-15 —.'— -Lynchburg & Abingdon Telegraph Macassa Mines, Ltd. -.(reduced) 3-24 1- (quar.) 20c ^ M-i-w; .-t - 1 (accum.) , 12-24 2 25c National.,Grocers, Ltd., '$1.50 pref. National'Gypsum Co:',. 1.year-end i- (quar,)————_ .« '■>. • 12-11 14- »50c , 10c (quar.)— preferred 6Va% ' Co.— 1-15 $1 National: Erie 15c Ludlow 11-30 30c 5 'M, preferred/ (quar:) k_'kl"k___k___k_' Corp.'1 (initiallyNational':.Folding'' Box com. (irregular)-™— 12-21 $2 Louisville-Title & Mtge.-us-a)— i Lunkenheimer 12-15 ' Co. common (P.) 1 • : 50c preferred I'M 50c Year-end. F 5b preferred tquar.) Pennsylvania Illuminating Corp.— Participating pfd. class'A Pennsylvania RR. (year-end) Pennsylvania- Salt Mfg. Co.:i,k____„_____._ Peoples Drug Stores (irregular)™ Peoples Gas Light & Coke Co. (year-end•_* ; $1,10 (year-end) ;__'* (quar.)——.—__________ -Louisiana-Land & Exploration—_k_™____— Louisville <te Nashville RR. (year-end)"Lorillard Pennsylvania-Glass Sand, series A 12-15 12-15 $1*4 12-31 12- pfd. i 30c 12-15 " • pfd. 5% $7:conv. 12-15 2-5-43 25C jt. 1-15 City Lines,. common_^___r:__k—— Extra _k____H/.k_—k .'k ' 1 2-43 Co.— 1-15 5 1- 35c ; 3c National 5 12- 2-15-43 50c (quar,) common (quar.»_, 25c k. Casualty, Co.. (Detroit) class.A Penh Electric Switch 1 " 11-24 : $1.40 50c (quar.) ___k__^k__„„ 12- • * i National. Cash Register Co.Iquar.) 1- 50c - interest beneficial of Ctfs. 12-31 of Rec. • 12-14 Pennsylvania-Dixie Cement Corp.— 11-27 12-12 (year-end)—.—Ik—J——__ 'Long-Bell Lumber Co.— 12-17 (quar.)_, 11-27 National'Container (quar.) „™_k™_.kkk~__™ 12-28 11-25 ' $1 of 25c Star $1/20 preferred class A (quar.) Pennrond Corp. (year-end) -T.._ Bank 12-23 ,0''if preferred (quar.)— _— Locomotive Firebox Co.—ikk_————— -Lone 12-11 ' 12-15 > ■ Original capital (quar.)--—,— ———-Special guaranteed (quar.)____™kk™„™b Lock-Joint Pipe Co., Common (monthly) — 12-15 Biscuit, Co Blvd. 75c ™— •f 12- 50C (year-end) 25c — (year-end) Liquidometer- Corp.- 12-15 (quar.) (quar.) 12-10 25c Glass,-Co. 15c Life •& Casualty Insurance (Tenn.) (quar.)$1% Liggett & Myers Tobacco, 7M pfd. (quar.) — 37'/2C Lily-Tulip Corp., _* _™ — 3c Lincoln Petroleum Co —k_k 17V2c Lindsay Light & Chemicalr I'M pfd. (quar.)- v $1.62 i/2 Link Belt Co,, GVa'x preferred (quar.)—;— — Libbey-Owens-Ford r 12-18 8'M Corp. Faiable 75c 12-15 preferred (quar.)__kk__^„__k Nachman-Springfilled Corp. —— (quar.)—_ JPcninsular Telephone, 1 share Company Ltd $2 America— ox preferred (quar.) Mutual System, Inc.,, .common Aviation 12- Ford. & 35C iquarj- 6% 5 Penick $1V2 12-31 $1 ' Name of 11-15 . 50c $3 62C2C 40c (-quar.)*: :12c 12- 1 12-15, • 12-2 12-15 Leighton Industries non-cum: cl, A -(accum.) Leslie 12-15 of Rec. Payable 30C 12-11 Lehigh Portland-Cement Co.— A'M preferred (quar.)—k_—1.,—» Lehn- & Pink- Products (quar.L—— Leonard share Producers Corp. (s-al Mvncie Water/Works, 8')/ preferred Muskegon Piston *Ringk>k-_kk^ Muskogee Co.. (year-end.) Mountain 150c Navigation™* Goal& Lehigh 2. 1- WMc & Son (John A.) Lang of Rec. —.—— (quar.)__ $5. 1st preferred \ (initial) — partic. pfd. (accum.) * $1V 2 12-10 * 12- 1 THE COMMERCIAL & FINANCIAL CHRONICLE 2002 (quar.) 10c — 75c '• 6% & Gas, Shamrock Oil pfd. Shattuck Co. (quar.) (F. G.) 1- 1 12-15 1- 1\ 11-17 United 12-21 12- U. 40c 12-21 12- 1 60c 12-15 12- 4 1 t$l% (quar.)_____ Gordon Mines, Ltd. (interim) Sherritt & Steel Co. Simonds Saw Mines, Gold Siscoe Sloss-Sheffield Packing Snider 40c South Carolina preferred Power $6 California Southern A 1st pfd. Southern $4.50 S. Playing U. S. Springfield Fire & 1-15 12-31 1- 12-15 1- 2 12-10 1- 2 12-10 37'/2c 3- 1 2-15 (A. E.) preferred $5 Standard Brands Standard National Standard Oil Co. Extra Oil of Standard Oil.Co. 1- 2 1- 50c 2 12-21 1- $iy4 2 12-15* (N. 12-10 12-21 1- 1 4 12-10 11-28 (quar.)__ $1 (4 12-15 12- t$l% 12-28 12-24 45c 12-15 11-16 25c 12-15 11-16 (year-end) ___ (quar.)__ 1 11-16 12-15 11-16 Waite 11-16 12-15 11-30 12-15 11-30 4%% 1-15 12-31 Walker 6% 40C Brothers, 12-15 12- 12-15 12- 5 Ltd., pfd. $iy» (quar.) 12-31 Sterchi Bros. Sterling Stores, 6% Stewart-Warner Stix, Stone & Corp. Fuller & Baer 1 12-20 Wamsutta 1 12-20 Ware Webster, (year-end) Inc. Strawbridge & Clothier $5 pfd. Oil Sun Co. Sunshine (quar,) Mining 12- 7 7% 12-19 12- 5 Warren 3 —__ (quar.) 12- 1 1 12-15 12-15 11-25 7% 12-23 11-21 7% 30C 12-15 11-28 Wesson 5c 12-15 11-28 West 12- West 1- 30c —.— 1 1 Sycamore-Hammond Realty— 6%% preferred Gold Sylvanite Tacony-Palmyra class A $1V4 1-2-43 (quar.)__ J3c 1-15 (quar.) 25c 12-30 12-15 25c 12-30 12-15 (quar.)—__— Mines Ltd. Bridge com, (quar.). —. Talcott 2- $iy4 5% preferred (quar.)—;____ 1 12-21 12- 1 12-17 12-21 12- 50c 12-15 12- partic. Talon, Inc. Tamblynn 5% t5c 25c 12-15 12- — 75c 12-15 12- 5 (quar.)_ $1% Ltd. preferred common a—: Company Texas Gulf 11-30 12-19 12- 1st pfd. (S. (quar.) — Subsidiary shares Oil Texon Thermoid Power Pulp Willson Wilsil, Ltd. 1 12- 1 12- 1 10c 12-12 11-21 10c (quar.) ___; Roofing Co., Tilo Brewing common 12-10 Elevators, Traders Finance, & Williams Transwestern Oil Trion Company, 7% 5(4% 6% pfd. 5(4% 208 Disc Investment Union Pacific Union Sugar Union Trust Union Wire ______ (quar.) United Aircraft — Corp. 12- United Carbide 20c 12-10 12- 6% Elastic — $5 12- 1 5 2 12-18 12-24 12-14 12-15 12- 1* 1 12- 4 12-15 12- 1 1- $iy2 1- 2 12-15 30c : — Products, Inc., 12- 1 12-15 12- 1 25c (extra) 12-10 $10 : (quar.) 12-22 12- 7 $2 com. :—— (quar.) ______ 25c 75c 30c (quar.)_____ Carbon 12-15 1 12-15 . 11-27 12-18 12- 1 12-15 12- 5 12-15 75c 1- 30c Corp. 12- „12-24 1 12- 5 12- 4 12- 3 Gas Improvement, preferred common. United Illuminating Equities (Canada) Co J75c __ $1 10c 1- 2 12-21 12-23 12-19 12- 5 11-30 $iy4 (quar.) Gold par) Inc., 162 vtc common Air Container General Utilities Utilities vtc.; Co., 806 common; $55 lot Oil Inc., 168 ,a___ 1961; 8 ($1(4 par); ($5 Realty Trust, prior pfd. $2 lot 50 Woodbury Building Trust Shares Devonshire Building 160 American St. 10 $4,000 Yvette Co., Inc. Public Public Utility Utility / Corp. Industries, Airline Ry. 20 United 50 110 5 Utilities San-Man 10 Co. Corp. & Central A ($1 par); 40 Seaboard 60 United Founders Corp.; Power Corp class A Light Co., ($1 common ($100 ($1 par); $40 lot par) par) _____ 12- 12-16 12-15 11-25 BONDS 2 12-19 5 25C 12-21 2-13-43 $1% 5-29-43 8-31-43 8-15-43 1- 25c 1 11-20 12-15" 25C ■'11-14 ,50C 12-22 12- 12-22 12- 12-10 12-15 12- 12-23 12- $1 12-26 1-1-43 : 12- 12-10 , 1-2-43 $20 lot on $ per Lot Fidelity Phila. Trust Co. dated Nov. 1, 1930 by agreement 17/90 interest rights, and lands Keweenaw in 100 of shares the Emergency & v. Ontonagon Counties, $61 lot 1 lot Aid 1 lot Realty- Corp., pref.. Terrace Development Co. ($100 par) Wanamaker & Brown, Inc. Wanamaker & Brown, Inc. John Central Railroad 35 Seaboard '106 Boca Warren Watson States Corp., Utilities 4s, (no par) 5 lot 1 lot (no par) 1 lot common., common Club, Inc., $2,100 Boca Raton Club, 5 lot Corp.. Shares 21 lot (no par), Co., common Electric Shares Raton - Mtg. Guar. Co 35 12-15 in Marquette ' Title Co. 25 ' situated and 30 11-30 f25c trust 25 4 12-16 $1V2 —; 30 12-12 20c Machine— 50 12-10 $1% (quar.)—.' 341 12-12 12-17 1943___ Michigan Gloucester 12-12 1-1-43 50c a (Gogebic) 4 $1% to mineral 1 25c —_ i 11-27 37y2c 1, Philadelphia stock of Union Ore Company a Michigan corporation, said corporation holding title to certain 12-12 50c notes, Nov. Lofland, capital • 1 1- issued voting relating 8 $20c — certificate under 8 50c . & STOCKS trust Voting 12-21 12-15 50c. Barnes Shares 12-15 1-2-43 $1V4 t •i1 12- 2 1- 15c by $1 lot. Wednesday, Dec. 2: 12-15 2 12-14 25C Transacted $25 lot $ per Lot Butlers Point Associates, Inc., 5-14-43 $1% $20,000 11-21 2-27-43 5 lot 75c lot ($100 par) 80 100 National ($1 par); 40 par); class warrants; Electrical Power Chocolate : 1952; common 1 common; States 5(4s Inc., Inc., 1 lot par)_ par)-___i <$1 com Industries, ($100 Rwy. Co,,, com. Corp., Securities Selected Selected , 1% preferred ($1 - Louis & San Francisco Central : Trust, 5% 12-24 1- „ Associated 30 Temblor Oil par); $2 lot ($1 par)___ Cinecolor 100 ($1 $2 lot Inc. 12-15 , , $25 lot : par) (quar.)_— ; $1(4 1 1-15 1-15-43 12-31 $1,000 $1% pfd. (quar.) Wisconsin Michigan Power, 4%% pfd. (quar.) 2- $1(4 ______ Elec., 4V4% Corp., (no par) 1 lot __ 1 lot common. common registered 1960, | 225 lot 12-15 11-30 70 $ per Lot BONDS : , Radnor Hunt 2% 1941, Lincoln Aircraft Co., ext. Inc. to 1-1-51. ______ (no par)___________ . $115 lot 10 lot Foreign Exchange Rales Section 522 of the Tariff Act of 1.930, the Federal Reserve Bank is now cer¬ tifying daily to the Secretary of the Treasury the buying rate for cable transfers in the different countries of the world. We give below a record for the week just passed: Pursuant to the requirements of FOREIGN EXCHANGE CERTIFIED RATES BY NOV. FEDERAL RESERVE BANK TO TREASURY 27 TO DEC. 3, 1942, INCLUSIVE UNDER TARIFF ACT OF 1930 Buying Rate for Cable Transfers in New York Noon Country and Monetary Unit Value in United States Money Nov. 27 (s-a) Nov. 30 Nov. 28 12-23 11-30 t5c 12-30 12-15 50c 12-28 12- 8 $ Dec. 2 Dec. 3 $ Free . $ $ .297733* .297733* .297733* .297733* .297733* .237044* Official .237044* .237044* .237044* .237044* .237044* Australia, pound— :' 3.228000 Free, 3.228000 3.228000 3.228000 3.228000 3.215033 Official Brazil, Dec. 1 $ $ .297733* Argentina, peso— 3.215033 2.215033 3.215033 3.215033 3.228000 2.215033 cruzeiro— .060600* Free, ; .060600* .051525* Official- .051525* .060600* . .060600* .051525* -" . . .060600* .051525* .051525* .051525* .909090 .909090 , . .060600* Canada, dollar.909090 .909090 .881015 .880156 .880703 .880781 .881328 .571400'1' .571400* .571400* .571400* .571400* .571400* .909090 Free Official .909090 .881964 "___ Official Colombia, peso— England, pound sterling— 1 4.035000 (British), rupee Mexico, pesoNewfoundland, dollar— \ ... .205725 Official .909090 .879583 .878541 ,877708 3.227833 3.227833 3.227833 3.980000 3.980000 3.980000 New Zealand, pound Union of South Uruguay, Africa, pound - peso— •Nominal , rate. .909090 .909090 . , . . 4.035000 4.035000 4.035000 .301215 .301215 .205725 .205725 .909090 .909090 .878333 3.227833 3-980000 3.980000 .909090 .878541 3.227833 .878750 . : . 3.227833 3.980000 - ControlledNoncontrolled . . .301215 .205725 .301215 4.035000 4.035000 4.035000 .205725 4.035000 4.035000 .301215 .205725 India 4.035000 .301215 ; 4.035000 4.035000 ! Free Free Fuel Investments, United t Community Re-Settlement Corp ($50 par); 1 Broad¬ way Building, Superior, Wise. ($100 par)__ 50c . Power— (1897 series) & 12- Non¬ source. income tax. $ per Share 14 11-10 12-15 — class A preference United 1- 50c 20c (quar.) Corp. 12-15 $1% 75c : (quar.) Ltd.— (quar.) United Gas & Elec. Corp. com. (year-end) United 6% pfd. B; TOO Kettleman Mid ($100 12-18 12-15 $iy2 , Inc. (quar.)_ (quarterly)—. Electric Wisconsin the ' 4 12-31 5 11-30 $1 (year-end) (Pittsburgh) & 12- 5 12- 12-15 i ; (year-end) Co. Fastener 12-15 75c (quar.) (quar.) Co. 7 12-15 30c United 11-20 12-15 $1% (quar.)____". Sewing at Less British . Boston Chamber of Commerce 4 20c a— United Carbon Co.-. Carr — Products, 12-15 $1% ; (s-a) United Aircraft Corp., common United 11-20 12-15 ($300 Holway, Short-Term 11-26 $1% (quar.) Co, Co, Rope 12-15 _—___—— preferred a 11-27 Street RR. 2 12- Carbon. & 7 1- 30c (initial)—. Underwood Elliott Fisher Co. Carbide 12- 12- (quar.)— Union 7% ' deductible 1 12-10 Clutch Co. Union 12- t66c com La Salle 11-14 1 12-15 50c A (quar.) preferred South Twin 12- nv/z Co. Coal 12-15 11-25 (quar.)__ Troy & Greenbush Assn. Truax-Traer Gibbs & Wisconsin Gas 11-30 Steel Forging (year-end) common preferred 11-25 12-19 60c (quar.) preferred 12-15 12-15 15c —_—___ " $1% 1 4 3c (s.-a.) Transue 12- 35c — . Toronto 12- 12-15 10c (quar.) Toklan Royalty class A (s.-a.) Class B 12-15: 1-1-43 (reduced) Co 7 dividend. $61 lot 11-20 12-15 & Associated 5 12-12 50C 3 25C 75c convertible preferred $1.40 Tivoli 12- 12-22 ,12-19 30c 3 12-15 I 12- 7 12- $iy4 (year-end) Inc. 12- 12-15 75C , Thompson Products, Inc., common—.— $5 convertible preferred (quar.)_ Time, 12-28 30c (year-end)—__— com. 12- 12-19 5 River General 11-16 30c (year-end) (Wm.), 4* — _ Whitman 12- 11-21 12-10 t$i Instrument Co. Motor 12- 12-12 $160 1 50C — 2 $10 for this Mining Co. (50c. par) Transcontinental Air Transportation Boston Athenaeum ($300 par}_^ 1 1 12- & Ltd. Electrical Wilcox 12-15 15C 25C $6 pfd. Snowdrift— & (George), 11-25 _______ Land & Co. preferred $3 end): (year Weston 12-15 $1 ; 12- 12-15 $iy8 _ 11-30 * & 12-15 60c — White 50c Fawn 25 11-30 50c ;— Paper—— — Western Tablet & Stationery Corp.— 5% preferred (quar.) _________ Western Union Telegraph Co ,___' Westinghouse Air Brake Co.__ Westinghouse Elec. & Mfg., com. (year-end) 7% participating preferred (year-end) — 12-15 25c Pacific Ry. (resumed) Texas Pacific Land Trust (year end) Texas 12-21 — Water Oil 12-15 1- 50c $iy2 common Co D.) Virginia 12-15 • 50c — 4 37VaC Virginia Coal & Coke 12-16 $1.10 (accum.) 25C (quar.) Sulphur 12-15 10c Corporation Texas 12-15 2 :___ __———— Telephone Bond & Sh. 7% 2 11-30 12- -17-43 }10c Weyenoerg Shoe Mfg. Wheeling Steel Corp. Whitaker Paper Co., common (quar.) 7% preferred (quar.)— 1- 12-15 Inc., common B; 50 Palmer Inventions, Inc.5,000 7-17-43 1 11-30 1- 1-43 2-43 __________ 12-15 12-10 58- 125c 1 $1.20 12-15 1-1-43 The Equity Development Corp.. common; 360 The Equity Development Corp, preferred ($100 par); 100 Kreuger & Toll Co. (20 crowns par); 225 Safetyseal -16-43 2-1-43 37»/2c 37%c (irregular).—_ 12-15 (year-end)— 11-14 50c Country Club, Inc., 6s, Dec. 1, 1947, coupon December, 1940, and sub cn; 10 Marshfield Country Club, Inc. ($50 par); 35 Air Container Co., 12-21 1 40c Weston $62y2c — Steel & 1- 25c 12-14 $20c (quar.)___— (quar.) Iron Products Tennessee ' 4 (interim)— 12-14 1- 12-16 25C _______ Athenaeum common 5 (quar,)_ 12-26 35c 12-26 , by R. L. Day & Co., Boston on Wednes¬ Charles ; • 12-10 12-26 68 %C — (year-end) (G.) Ltd., common Taylor-Wharton Tecumseh (quar.) pref. , closed not Muirhead $200 1 12-30 10c 5Va% 12-16 . Boston 1 .——. 10c (quar.).—___ Inc., com. (James), 12-16 2 STOCKS 1 12-10 12-10 preferred (quar.)—_— preferred (quar.)———— preferred (quar.)—a- 7% 1- $1% - Shares 11-25 50c Wayne Pump Company— Welch Grape Juice, common—_________ 25c " _______ (quar.) 1- 7 156 _ —— Co. 12-15 $iy4 (quar.)__— Extra & 12- 11-23 75c 1 12-28 12- 12-10 12-1$ 12-26 25c , (resumed)—™ day, Dec. 2: •= 55c ' Mfg., Washington 25c (accum.)___ ; Co. Sutherland Paper Swift 12-15 25c $1 A Door 4 12-4 Auction Sales 1 $P/4 ; (year-end)—— preferred (quar.)—_—————______ 30c (resumed)-—_____ 12- $1% (year-end) Transacted 12-21 — _ (s-a)—— Mills Shoals 75c (s-a)——_ Co, 2 a___ tPayable in Canadian funds, tax resident tax,, 15%; resident tax. 2%. 1 12- 1-1-43 (quar.)—*— preferred 1- — (quar.) Products 11-21 (year-end)___ pref, (quar.)— (quar.) .___ preferred (year-end) Brewers 12- 2 12-10 62%c preferred (quar.) —____: Gooderham & Worts, Ltd.— 1- " 1- -12-18 (consoli)—■ Coach preferred (Hiram) $1 preferred 6% 15c 1 y2c (quar.)——— Walworth Company, 12-17 12- 12-10 1 Mines System f 15c (quar!) 11-26 fOn account of accumulated dividends. 11-20 2 1- $1% — $75c (quar.)—_ common convertible preferred Inc 1- $l'/2 —— Walgreen Company, common (quar.) 5 40c —'—. (accum.) Works—'— Iron Common ________ Light $6 pfd. Amulet 12-15 & ^Transfer books f 11-30 Waldorf 1 2 25c Truck 12-12 12-15 _—____ 12- ■ 12-10 12-23 _________ Railway, 6% preferred (quar.) preferred (quar.)——; _________ 6% preferred (quar.)— Virginia Elec. & Power, $6 pfd. (quar.)-! Viking Pump Co., common $2.40 preferred (quar.)_" _——— 50c (quar.)__ — Stedman 12-19 $2 10c (accum.) 6% Standard Wholesale Phosphate & Acid Works Stecher-Traung Lithograph, 5% 30c (year-ehd). Virginian $l'/4 (quar.)___:—: 12-29 12-12 ——_____ $1 preferred (accumulated) Victor-Monaghan Co., 7% preferred 37y2c Extra Extra 1-1-43 $1 Co—_'— Ltd. (interim). Equipment $1 preferred 50c 5% preferred (quar.) Inc. 75c (quar.)— Match Ventures, 12-15 1- 40c Co-operative Mercantile Institution— Quarterly ; 7-2-43 Dorn 12-15 3 $8 11-27 12-15 4-2-43 . — 25c _____ 12- • 5 12-15 12-14 f 10c (quar.)__ 1-2-43 7-15-43 Power, & Victor 12- $ 1 Vb (quar.)__r_ (accumulated) preferred 5(4 % 1 $l'/4 Veeder-Root, 12- 4 (year-end—____ Ltd. Co. 5-25-43 12-31 12-21 12- 4-15-43 Van Norman Machine Tool pfd.__________ (Ohio), common 11-30 1-15-43 Vapor Car Heating Co., 7% 12-15 $3'/2 (quar.) (s-a)____________ J.) 12-15 4 6-10-43 12-15* 50c ■. Co. 12- 43 %c $7 preferred (accum.)_* ,__ Utah-Wyoming Cons. Oil—— Utica Knitting Co., 5% prior pfd. (quar.)__ Van 11- 11-30 40c 12-10 50c (year-cnd)_ : Oil ; 12-18 12-15 $iy4 Upson-Walton Co. $1.12 (quar.). 4 12-7 B Zonite $4 40c $l»/4 Upressit Metal Cap, 8% pfd. Utah Oil Refining (quar.) 1 11- 2-25-43 11-20* 12- 7 $1 (4 (quar.)_ Mfg., common..,—_ Yourigstown Sheet & Tube, common > 12-16 12- 3% i A 12-16 12-28 3% $1% (year-end) ■- 12-28 Zion's 3-10-43 11-30 12-15 Mfg. a class 11-25 40c preferred 6% Towne Yellow 12-16 12-10 • " 11-30 11-26 11-25 Universal 75c Extra Standard t$3 — 1-13-43 $iye (quar.). 11-30* 12-10 (Del.) 12-15 5 12-19 1-1-43 ___ (qUar.)__— (year-end) ' 1-15-43 11-21 ,11-30* .. 35c 12- 6% 7% 25c, . (irregular) (year-end)———_ com. & Year-end .. Corp. Yellow & Checker Cab 1-1-43 12-19 50c (quar.) 11-30 12-15 1 25c prior preferred Mines, Youngstown Steel ist preferred Co. 10c 12-10 11-10 convertible Aeronautical Class preferred (quar.)_ $5 preferred (quar.) 1—___—— Upper Michigan Power & Light— 12-17 12-15 1-4-43 50C 11-30 40c 12-10 (quar.) 12-15 $i»/2 12-10 3-10-43 1-4-43 $8 $5 12-10 1-4-43 4-1-43 40c States 25c Kentucky Co. 11-20 50c Yale 25c 50c 12-20 . Wright-Hargreaves (quar.)—— 12-20 (quar.) 12-15 $4 1-15 11-30 1-2 _1 1-15 11-21* 4y2% Wright 25c 12-15 12-21 1 $1% participating conv. pfd. A (quar.)___ 6.4% participating conv. pfd. A (quar.)—-, $5 preferred (quar.)— 12-31 9 participating conv. pfd. A (quar.)___ 6.4% 12-21 1212- 12-15 12-15 12- 7 $1(4 : W.), Ltd., 6% pfd. (year-end) Amer. deposit rets, for 6% pfd. regis Worthington Pump & Machinery Corp.— 4(4% prior preferred (quar.)_ 12-15 — 11-30 (F. $1% —— 11-30 12-15 $7 ; Lothrop common preferred (quar.)__J! of Rec. 12-15 $1% (quar.)_l Co. Holders Payable $8.16% (accum.) (accumulated) 12^31 12-19 2-15 $1 6% 25c 50c -12-15 1 10C 12-24 9 50c 3- 40c 12- :»$i United ; Standard 12-24 Steel, Corp., common——__ Sugar Corp.— United States 2-15 $iy4 (Indiana) 12-21 6% 50c $1 ! 7% 1-10-43 — Co.— Truck Lines S. 2-15 1 ______ preferred Woolworth 6.4% ; (California) Oil Co. Standard U. 1 (quar.) Corp. 11-10 40c non-cumulative preferred 7%, 1 common.—; $4.50 12-12 Lithograph— & Tobacco Utah (s-a) & (quar.). ____. non-cum. S, 3- ______ common (year-end) Card Rubber S. 8% U. $iy2 (quar.)— preferred 7% U. 3- (accum.) preferred Woodward . 34 %C Marine Ins. Co. & Sons, Mfg. Co. (E. R.) Staley :— convertible preferred A 3- 25c Squibb 6% 30c (quar.)___ Square D Company com. 5% preferred (quar.) (quar.) Co. Printing — conv. 11-25 ... U. —_— Inc., 12-10 $2Va 37'/2c (Dallas, Tex.) convertible preferred Co. Pipe & Foundry Co. 4 Spencer Kellogg & Sons (reduced) Spiegel, S. 30c Line (year end)—______— Royalty Co. (quar.). Sparks-Withington Co U. $2 Pipe Southwestern Life Ins. Governor (quar.)—— preferred 5 37y2C (resumed) $8 50c (quar.) Sovereign Investors (quar.) Natural Gas (year-end) Woodward 7% 4 2-15 11-25 Loan 12- ' 12-15 12-10 prior preference (clears all arrears)__ Society (Phlla.)— S, 9 Ltd.— Southern Pacific Co. 7 % 12- 30c 1-2-43 1-2-43 —__ Graphite $iy2 (quar.) 53c When share 7% pfd, .' ! preferred preferred preferred 7 % % preferred (quar.)_ U. S. Leather Co., class A (resumed) Class A (resumed) *7% prior preference (quar.) U. 12-15 7% 50C 7% 7 12-15 Power & Light 58»/3c . (interim) Gypsum Co. com. 12-22 __ com: preferred C (quar.) preferred B (quar.)... Southern Colorado Power, 7% pfd. Southern S. S. 1-2-43 50c • (s-a) Special U. 12-20 2 Mfrs. Canal & Guarantee 25C (quar.)—, (interim.). Co., ,12- _a_ Co., Ltd.— RR. 5c ; Edison 12-15 J. N. 10c % 6% 12-11 25c 6% Southland 12-21 (s-a) common original preferred 5% 5 '/a 11- '• non-cumulative preferred (quar.) convertible preferred (quar.) convertible preferred (quar.) 2nd preferred (quar.).. 6% 12-14 (year-end) Southeastern Greyhound Lines, 6% 11-12 $2 _ preferred (quar.)... 6% 12- 12-15 —: South Porto Rico Sugar, 6% 12-18 uv2c (quar.) common convertible 8% 11-24 (year-end) Iron & Corp. Solar Aircraft Co. 50c 11-14 12-31 12-15 / ___ (quar.)___, Corporation Sonotone 12-19 1-15-43 75c Ltd. Steel 12-15 *5C (irregular) Skelly Oil Co. 2 60c (year-end) (year-end) Company Simmons 1- *30c (interim) (Quebec) Mines Sigma S. U. preferred & registered Ordinary 12-10 Per Name of Company of Reo. 25C Merchants United Molasses 12-15 Sherwin-Williams of Canada— 7% noiaert Wisconsin Extra 10c _ (year-end) __: Corp. 11-25 United 15c _______ — Oil Union 12-15 $3 Extra Shell 11-25 30c (s-a) preferred (s-a) Sharp & Dohme, Inc. (irregular) convertible 6% Payable . 11-30 12-15 25c (quar.)___ 12-15 22c B Class 12-10 12-24 37 (4 c — — class A Corp. Scrrick 12-10 12-24. ■ Light & Railways Co. (Del.)— 6%. prior preferred (monthly) 6.36% prior preferred (monthly) 7% prior preferred (monthly) ; . Inc Brothers, nntn $nare Company United preferred (quar.) 6% Seeman Per Name of of Ree. Payable Corp.— Securities Acceptance Common Holders When Per share Name of Company Monday, December 7, 1942 ! .658300* .527340* .658300* .658300* .527340* „ , (658300* .658300* .658300* .527340* .527340* .527340* .527340* THE COMMERCIAL * FINANCIAL CHRONICLE Number-4131 Volume 156 General RAILROAD Abraham ( - Corporation and Investment News PUBLIC UTILITY ■ July 31— 1942 1941 Net sales (incl. sales of leased departments) — $12,054,137 $11,194,569 Cost of goods sold and expenses,,— — 11,107,124 10,592,919 Gross profit Other ; and Provision normal for for tax and were made 14,872' cents each on 44,000 as 138,000 26,000 each; follows: Aug. on Feb. Feb. 14 15, 15 and and May cents; 30 15, and Dec. share has been declared IS to holders of record Nov. payable Dec. tions —— cents per Nov. 15, cents.—V. 85 15, 156, last, 14, 1942. May 30. the on compared as and 15 Nov. 11,854,967 12,661,607 $5,752,784 $5,872,916 $3,335,704 575,488 363,740 361,851 $6,328,272 $6,236,657 $3,697,555 345,057 435,508 549 293 250,000 250,000 __I— $5,551,149 $3,148,262 profit Balance Comparative Assets— : Cash y. Sheet , , July 31,'42 ■ deposit and on hand—— $1,959,674 receivable (net)—- 2,291,815 „1 *_ ^' 6,251,105 demand on accounts Customers' Merchandise and Investments [ assets .V- ± - —- charges ,—■—• Goodwill ; — „ . record of management share per 11.. Dec. the on This Dec. on $5,551,149 $4,560,075 declared common and. Nov. 1941.—V. 7, 156, 15 year-end a cents paid share per J-U-i,-! Total Normal of 15 cents per ' A - been declared to holders 18 cents per 10 has share payable Dec. distribution of initial —V. • profits refund share the on record of made on Sept. was common Gross ————w—-——67,372; •»' 46,795;' Notes payable to bank, 2% (1945)—983,000 y----15-year 3% notes, 1950—————-—2,350,000 ■ 850,000 Reserve for possible addit. assessments of taxes • 68,667 - 26,911 4:»— cumulative preferred stock ($100 par)— 2,000,000 2,000,000 •Common stock —<■— 1,405,325 1,405,325 Earned surplus „,I— : 8,043,133 7,956,892 Net from Net ry. 22, last.— ——_—-— Total *- 155,155 shares of no par Gross Ended Net. ' ' sales Cost EUpaUint ry. —V, 181,093 170,001 4,742,766 3,813,231 1,560,572 2,101,421 —— $3,177,648 ——185,661 $2,367,961 118,158 amortiz.„ lease and branch admin, * income income— Total / dividends Interest, etc. -——— & excess Prov. inc. for Canadian loss Dividends 3,!® 94,318 . • ; > 7 • —— ----- r— —;— sh. — §$585,052 452,288 ^Includes Canadian in $32,229 company. $906,937 $756,229 $132,764 /■';•% Assets—' $2.00 $0.77 Cash Notes ;" ••• July 31 Sheet, Balance ' ; 1941 1942 " ' . $1,945,348 3,656,703 3,506,703 operation— — Sales agents' accounts for merchandise—,— Employees' loans and accounts—— — Value to of 482,214 39,440 326,610 174,357 — A,« 156,633 160,090 219,644 , reduced Non-oper. properties, assessment value in and advances to foreign consolidated - ; 682,496 184,191 3,287,405. . 2,361,259 — ; .;'•■*■.'• Accounts payable accruals Sundry Deferred Supply Federal •' ' ■ and - L———.—$719,051 ————v_. — 781,628 ' foreign income taxes payable to English subsidiary 2Vi% notes payable- Acct. (not cons.) sinking fund debentures 10-year 3 % r/o sinking fund debentures for —— insurance, and —— _ - — . 299,015 568,594 300,000 y 1,000,000 2,000,000 500,000 200,000 875,220 13,131 800,000 2,000,000 etc.— - 1,021,485 Mixed 3,611,944 2,705,006 an Sept. 3,403,928" 2,190,330 McCarthy, A. with 1,458,444 Vice-President Guaranty Trust and of Co. the pay principal interest of the Indenture. satisfaction consolidated . of incompleted voyages to bonds the York, York, ' ' City, Y. N, Broadway, 140 " . oh Trust of Other retire¬ for year-end of 75 cents.—V. 156, p. Dividend— of each cents 15 15 V. 154, p. 1373. ' : .. 1941 during 1, Oct. cents; 25 surplus ■ /t. 20 ' . . .' t of dividend $1.50 ; • per with $1 on Dec, 26, Traffic The October, and ■ share has flown 170%. of The of months This on the 1942 1941 1940 1939 discount $1,315,044 $3,025,028 $1,794,954 $1,702,429 1,194,972 2,637,729 1,464,944 1,348,451 191,842 207,945 •$71,770 $179,354 . , Admin., gineerlng miles of air express in D;-Miller,: manager of air mail,, air express when month of the 239,014,777 1941, shows pound increase an during the first ten contrasted with 2,130,105,465 4,749,577,129, was pound miles flown during the first 122%.—V. 156, p. 1856. Manufacturers The 10 months of 1941, an increase of for Airlines, Inc.—Transfer Agent—- Trust capital stock of the authorized issue of the an 6,897 2,932 $186,251 $98,546 45,300 16,434 •$48,887 28,926 $140,951 115,703 $82,112 115,702 Divs. Nil $0.61 $0.35 at Aug. 31, tax— in paid cash...— Co. has been appointed transfer $106,618 ------ , — profit sh. on 231,400 Earn, per 249,158 $104,820 4^9^ 49'29^ $87,323 86,776 — or stk. (par $1) — $0.40 agent above corporation, effective Dec, 1, 1942, 1,000,000 shares $3 par value.—V. 155, 1942 accounts receivable" (less reserve), $101,530; amounts receivable from U. S. Government for plant facili¬ ties, $144,670; inventories, $280,730; investments and other assets, $2 596" •property, (Plant and equipment, $562,902; patents, $1,\ deferred expenses on war production contracts $11 U73% insurance and taxes, $8,280; inventory of office supplies, $2,131; total, $1,271,423. Liabilities—Notes payable to banks, $111,000; trade accounts pay¬ able salaries, wages, and miscellaneous, $271,253; accrued taxes and $57,312; Assets—Cash, $13,591; interest SlO 006; capital surplus, totaj jl,271.423 • , $202,246. V. 156, p. 951. ($1 par), $231,400; Products Corp. Omits Extra Div. declared the regular monthly dividend 20 cents per share on the capital stock, payable Jan. .2 to holders record Dec 14 No action was taken on an extra dividend usually directors The of stock common earned surplus, $234,178; for depreciation of reserves •Less of trade on Nov. 25 ^Orv^Dec* IM^last, an extra of 40 cents per share was with one of 30 cents on Dec. 23. 1940, and an compared 2%h™tiastnreJi|Clai"monthly payment of 20 cents per share was made 1942.- 1, Dec. paid, as extra of Acquisition— to meet increased war-time demand for sulfa drugs and pharmaceuticals, this company has acquired the Harmon Color of East Paterson, N. J., which it will operate as a wholly order In other Works 818. p. °WThe Harmon^Concern American Export Lines, Inc.—Registrar— The for the * • vat Bank of New York has. been appointed registrar and 5% cumulative preferred stock, effective Dec. 1, National City common 1942.—V. * 24,579 •$47,191 1,696 exp normal for Net on American Export for * 234,396 $95,614 Balance Sheet As misc. and Prov. pound compared with corresponding ~ expenses Profit Int. " total pound miles of express flown 1942 Aug. 31— returns •Loss. common 1 , Socket Co.—Earnings—.* & goods sold sell, and en- of Cost collateral under lease ■■* ■ ■ , U, S. Gov¬ in 1941 and $2,235,081 in 1942. ,, American Home total, the in ■' • ■ less ; / declared been 1941 and $385,843 In 1941 and 74,300 shares in 1942 in 156, p. 747,952. lowances and Dividend— 1940, 645,966,130 flew according' to -M. freight. miles depreciation of $395,230 in • Years End. Gains— corporation $25,264,342 $21,279,710 to American Forging 25y2, stock, par $10, payable Dec. 22 to holders of record Dec. 5. A similar distribution was made on this issue on Dec, 22, last year, as com¬ pared for reserve Operating profit Misc.. income (net) ■ '■ 223,199 7,191,563 depreciation of $13,341,437 in 1941 and $11,553,321 ([After reserve of $2,222,472 were as follows: April 15, cents, and Dec. 20, 40 cents. . 250,000 79,522 7,605,612 ——- ———————————— treasury. American Airlines, Inc.—$1.50 Common Dividend— A —.—. ... . 1942. —V. has been declared on the common holders of record Dec. 7. Distributions made on this issue on April 1, July 1 and were 1, July cents; — 950,000 5,651,796 —— — 1,150,000 4,332,253 1,150,000 4,491,015 taxes agreement. ••Not including 64,200 shares in to Payments last. 30, Sept. 2,928,238 766,935 1,158,919 —; receive non-interest bearing, non-negotiable ernment bonds as post-war refund of excess profits tax. Manufacturing Co.—Special Offering-^ Dec. *22 — — ... surplus tAfter cents per share of 40 un- on ——_ insurance. reserves $4,358,000: $4,257,000 for contingencies— fRight 1856. stock payable $25,264,342 $21,279,710 1942. appointed trustee York has been til 50,000 ——....——1—— •After reserve for agent under the above company's first mortgage dated securing $9,500,000 principal amount of first mortgage 1967.—V. 156, p. 1947. dividend A ——— disbursements over payable Total in year-end dividend of 45 cents per share stock, - — voyages for Earned bonds series A due Nov. 1, a cost. 1041/2% at ; New 1 50,000 .... par). ($10 revenues Reserves 1942, 1, at 74,635 57,842 receivable. ^Deposited with Treasurer of United States as of Co. 400,000 — — bonds Reserves for Federal Appointed— Guaranty 7,418,888 securities.—. awards stock V completed before 3 o'clock P. M. or 308,752 1,150,000 3,518,280 1,106,756 12,655,903 4,361,210 3,455,966 —......———— ' Excess cor¬ 23, Dec. 134,255 137,411 437,444 Liabilities— to purchase 5% 1941 5,914,000 161,570 > ........ Treasury Capital series. A mortgage and $1,706,274 144,478 712,300 543,887 etc.————————— — Total .. offers RR. Southern Great and fOn 1941, 1,150,000 — ••Capital Secretary, New $6,28 value. and 30 —, 2,007,684 1,364,515 1,594,459 * : 1,916,050 654,750 $806,726 fund— refund claims S. §U. 6,343,232 844,023 — The corporation, as of issue of $500,000 10-year 3V4% sinking fund debentures and negotiated a five-year bank loan agreement of $500,000 at 2y4%. The loan is repay¬ able $50,000 on Sept. and March 15 in each year up to and including March 15, 1947, and the first payment has already been made. The debentures are repayable dt 'the rate of $50,000 on Sept. and March 15 of each year Privately 1942, made 6,764,559 Aluminum Goods Mfg. Co.—40-Cent 7,538,130 569,379 tRepresented by 760,213 shares in 1942 and 753,813 shares in 1941 Placed 9,000,960 (no par). The offering price was with 50 cents commission allowed.—V. 156, p. 1736. Note—Above balance sheet includes Canadian subsidiary. Bonds E. to first common (par $10). March 15, Supplies Shearson, Hammill & Co. made a special offering Nov. 20 on the New York Stock Exchange of 16,000 shares of 439,768 $20,249,424 $17,686,097 Total 1 C. Allis Chalmers 94,844 7,538,130 569,379 conting. 215,658 7,843,742 deposited and Dec. 22, 18,589 100,186 1,534,700 (estimate) 15-year 3% fCapttat stock Capital surplus Earned surplus . 4,328 L—* obligation Agents' and salesmen's credit balance —2—_ Principal amount of 2!4 % notes, due currently Advs. by British Govt, under war contracts——' Reserves ' ' $754,572 534.420 . income contract 279,662 171,024 has been declared on the This is declared on this issue, payable Dec. 23 to holders of record Dec. 7. Distribu¬ tions of 35 cents per share were also made on June 30 and Sept. 30, last, as compared with 50 cents on March 31, 1942. Payments during 1941 were as follows: April 15, July 2 and Sept. 30, 50 cents each, 138,794 " Sheet, — companies acct. on Government S. tPost-war stock, payable Dec. 29 to holders of record Dec. 10. addition to the dividend of 35 cents per share, previously I—— $20,249,424 $17,686,097' —— Liabilities— 282,790 182,714 U. 1 . —_——- —————— - Total 426,503 126,740 income— to paying A 492,950 250,349 subs. 692,073 Rental machines, incl. parts, less reserves— 107,759 Plant and equipment —4,338,434 Patents, applications for patents, trademarks and goodwill —— i—2— 2,361,259 Patents and other expenditures (net)--—. " : 77,007 not 1939 $760,383 936,575 15,975,232 book 1940 —— common •' —————,—— — Investment Balance — other insurance, shs. cap. approximate to in Accounts receivable 1940 3,427 refundable Post-war in $2,735,968 87,473 Cash $797,785 $1,104,970 Allegheny-Ludlum Steel Co.—Year-End 202,249 279,944 58,241 111,694 —— insurance policies——— securities portion of taxes life Miscellaneous • —«, advance commission Agents' 5,256,126 413,696 ——« —>•— •? - charges Deferred 1941 $1,875,488 railway Trustee in - and Inventories 1942 Alabama its Nov. subsidiary for the Canadian 1940, in $11,333 banks and on hand—— ———$1,072,290 accounts receivable, less reserve-,—4.896,134 in RR.—Earnings— 1942. All holders of such bonds desiring to take advantage of this offer must present the same, with interest, coupons due June 1 and Dec. 1, 1943, attached, at the Guaranty Trust Co. of $1.35 ' , ' railway—_ has including and subsidiary only, tlncludes Canadian and English ' French and German subsidiaries, glncludes and (Deficit. Southern U$34,044 $2.20 Consolidated ■ 753,813 of excess $10) ... replacement Unexpired principal amount flat, and its first consolidated mortgage series B bonds at 103'/2% of principal amount flat, at any time to and 4% ------ • but excludes 1941 Ship Reserves 3 V* c!o common- ' subsidiaries, Disbursements 237,230 (E.W.T.), Dec; 23, 1942. $1,021,294 1,055,338 ' 513,444 370,532 . Accounts oi.oJo $1,660,750 §$1,510,042 753,813 ■ — per 650,557 587,316 sufficient New ; — ~ 1,036,104 According of 279,667 70,371 —' Surplus Earn, -V 929,787 Investments 1570. railway—:— company The Profit Net 1,680,424 oper. ry. The ------ ; profits taxes French sub— 1,948,662 instrument of $1,448,767 -Jim SSi Prov. 2,608,417 maturity, Dec, 1, 1943, of the entire amount of bonds issued thereunder and out¬ standing in the hands of the public, and the Guaranty Trust Co. of New York, and Guy Cary, trustees of said mortgage, have executed an ——— 85,711 99,287 . equipment 2,833,319 cash 801 700,000 —— —— Steamer railway 509,677 In (par ——— porate trustee under its first consolidated mortgage, dated Dec. 1, 1913, $823,531 $2,486,119 450,000 $3,363,309 contingencies- for Subsid. plant Offers to Purchase Bonds Prior to Maturity— $1,372,352 76,415 $769,295 54,236 764,640 1942 t Shore railway- from Net —— — ■ . stock •Vessels 71,698 income— ships seven Assets— 73,698 from ment Prov. 120,49190,732 ry. Net : . . «. income— Operating Other & gen. of capital 51,081 p. from Gross 2, <15,913 of 1939 $219,568 oper. income— From Jan. 1— „ expenses 1940 $219,558 - $1,678,215* $2,056,149 962,100 1,307,400 $3.94 $4.72 ———_ sale from shares 78,820 from Net 364,545 294,535 .•< " agents expense— selling, Other 352,408 581,578 ; 1,059,467 * . Insurance fund 6,832,309 3,548,086 7,788,452 11,058,751 327,901 302,449 Comm. & disc, to 1941 $289,413 income— oper. 156, Net July31,'40 Dec31,'39 $6,229,048 $11,579,654 July 31,'42 July31,'41 $22,014,572 $14,599,994 ^royalty6exp'. & Depr. & —- - expensi— and Cr400,000 — 43,510 October— Ended 929,000 (2,566,000 , share.——_— railway—^ from Net fl2 Mos. *7 Mos, Ended *12 Mos. Ended •12 Mos. ( . excess — 68,383 from Gross ;; railwayj— Alabama Great Report— , 4,455,000 f of Consolidated 1942 oper. Net $16,504,233 $14,447,173 value.—V. 155, p. 2450, Addressograph-Multigraph Corp.—Annual surtax—) and 10% of 425,700 shares in 1942. $326,619 railway— —— — — —— •Outstanding! taxes:* —— per *Proceeds From Jan. 1—. , - from ' Sundry creditors 1,411,813 tax—— profit ; tEarnings Youngstown Ry.—Earnings— October— 1,164,257 tax Dividends paid An 11. Dec. 862. 156, p. Akron Canton & $996,993 823,316 * —————— assets cap. tax income Excess Net dividend A stock/par 50 cents', $16,504,233 $14,447,173 ——$763,420 (trade)»— payable liabilities of Aircraft Accessories Corp.—15-Cent Dividend— - Liabilities— Accounts Accrued sale for Federal Provision on June 27 on 435,800 * , profit —$5,733,215 profits 1 depreciation., contingencies—^ Post-war 1941,* and 15 cents each 1947. p. from Total dividend stock, payable Dec. 22 to holders compares < with 30 cents on Dec. 23, for Year-End Dividend— 1 •* 267,807: ■«. cents 30 of 844,553 74,588 4,703,805 420,694 1 . board June.26, last; 108,843 ► • ——— of Jan..31,'42 $1,004,489 '3,796,904 3,646,183 836,987 57,118 4,561,131 (net)——<*, operations advances—~ Adams Express Co.—30-Cent The ■ 125,708 : — Real estate not used in Deferred .. — debtors Sundry Fixed ■ $145,689 $288,896 ——— ———— . „_1 for Provision •Gain Net ——. i— Provision were 1570. p. credits cents 50 1940 4,582,283 Profit 50 with 15, 1941 $10,335,066 $17,727,883 $15,997,311 _r (excluding deprec.) Profit—_—.———$5,733,215 distribu¬ Similar r , revenue Account 1942 common Payments during, 1941 Aug. Income Sept. 30— Profit Co.—25-Cent Common Dividend— 25 15,162 profits tax—— excess stock, of —:—_—~ ' 13,349 surtax,-——112,000 (net).; deductions Provision Operating Other dividend 39,022 and amort, of debt exp. indebtedness on Consolidated 9 Months Ended 156, Operating exps. Acme Wire A MISCELLANEOUS - The proceeds were used 74. P. $601,650 192,616 163,311 — . ————I.™:.————-.i—- Maintenance Interest $947,013 193,343 repairs,—162,403 sales on INSURANCE - to reimburse the treasury for plant expansion.—V. 6 Months Ended Depreciation INDUSTRIAL - commencing September, 1947. Straus, Inc.—Earnings— & 2003v 156, 1856. p. ' ' . American-Hawaiian Steamship Co.—75-Cent Div.— declared a dividend of 75 cents per share on the common stock, par $10, payable Dec. 15 to holders of. record Dec.-.5. Similar payments were made on March 31, June-30 and The have 30, last. Disbursements during 50 cents; June 30, $1.50; Sept. 30, Sept. 31, directors 1941 were as follows: $1, and Dec. 29, $2. March been dyes left for idle the by has been a major factor in the production of automobile industry and much of its equipment has the cessation of automobile production. Its^output cS| colors for the paint, printing ink, rubber and cosmet.c industries WTheeAme"S,cand Home Products Co, has issued 18 0001 shares of its "stock in exchange for American The ine directors ianec 100% of Harmon Locomotive have stock.-V. 156, p. 1571. Co.—Accumulated Dividend— declared a dividend of stock, payable Dec. on $175 per share 22 nreferred n•/„ THE COMMERCIAL & FINANCIAL CHRONICLE 2004 tills Issue 1941 March on were and Dec. Sept.. 24, June 24 and 24, follows: as March 7. 156, $1.73.—V. 24, the Payments during and Sept. 25 last. of 862. p. $2; 19, June $1.50, the at accounts year-end, Federal contracts. in with accordance including adjustment income the and 1942 25-Cent Dividend— American Maize-Products Co.—Extra Distribution— ; for profits taxes excess Revenue Act, the renegotiation Consolidated computed were company follows: On Dec. quarterly the 22, last year, an to was on Dec. 27, 1939.—V. 155, • r Consolidated - Total $1 ,678,637 543,464 Income lieu in income , taxes ; 667,738 amount 17, 1940—V. Other income Int. 212,399 Amort.' of and $597,808" Divs. 139,365 Net 356,646 Cost 149,258 $1,552,692 of 28,325 84,660 $626,065 185,174 $611,551 $1,637,352 558,860 583,854 31,085 82,208 Other Dec.. 8/. , and including Dec. *" r ' • , ' _ $1,303,118 940,810 Funds Oct; 19/40 Oct. 21/39 $1,182,344 $1,489,634 2 $1,106,14$: 787,871' 5-year 1,175,093 908,372 : $362,308 '$314,541 $273,972 7,464 profit — 5,677 382 income . '■ 3,045 9,230 9,008 $320,218 $274,354 48,060 48,400 46,000 Int. 196,446 186,424 186,884 funded debt-4-, on notes, 186,599 58,722 . 56,580 tax_ inc. 35,500 Net profit Earn, 68,395 69,177 205,606 59,083, 787. 1,539 10,701 5,754 $339,206 $313,128 ♦Loss.—V. 156, $27,298 *$16,507 $0.17 $0.13 *1942 puted Federal jn For , —„ income accordance of purposes I-.ave been and with recorded profits ■ Revenue comparison, appropriately justments excess the earnings adjusted subsequent Sept. to of Texas -Utilities for had had not benefit the in Federal 1941, ad¬ tax for tax if earnings West" of deductions' purposes long-term unamortized discount debt Income £ rnisceil. ♦Federal Other . of Company Only $196,557 $170,501 $589,609 2,028 1,477 10,831 47,384 1,299 10,152 01942 8169,145 Federal income the Revenue Act of Note—Dividend ihonihs' " period 7'/ $156,895 been have —— $524,614 computed in 1942. With at full a cumulative share, per for. in the 1942, amounted to $3,468,951, ( American A for stock, tributions Nov. 16, 25 payable like of of including accounts S43.50 or cents Dec. amount last, and $1.75 the of share per at on- 156, Sept. p. company per share.—V. share per 21 paid were has holders to May 15 and on 1947. 30, this on Nov. been of declared record issue Dec. May on 1941.—V. .156, 15, the on Dis-J 8. 15 A dividend no distribution 50 cents per share has been declared on the common payable Dec-. 22 to holders of record-Dec.-7; A similar made was 1941.—V. 156, July on 1947. p. last, 11, X and / . dividend special mon stock, special Dec. distributions 1938 was 1940, and to of and $1 paid 50 cents including • • 13,682 30-— June —L— . been year, 1939. have '• . 1,716 .1,679 Dec.- 9/ 156, the of Dec. 75 $3,968 5,090 $2,967 4,585 " made 4. $9,259 '• ance 1940 $6,299' 3,111 2,222. 2,222 The corporation details of its of which is has issued , a special "Licensee Handbook" Tested Plan, to provide rayon fabrics Serviceable fibers. The to firm each In handbookthat other to lished textile under is the employed.—V, added an "Crown" furnished licensed the incentive containing is limited as for rayon guide a the , and yarns and reference "Crown" 156, „ Tested Plan p. ,1736. the and ... . 2 ' . r, American Water Works & Electric Co., the •Of week ended Nov, 9-32'/ week of the over 1941. Inc.—Output— table Wk Ended— . 69,136,300 of weekly output of electric -. 1» To — .1941 75,731,000 $i, par dividend mon \ 1939 58,153,000 55,518,000 44,359,000 .74.865.000 -.69,502,000 58,981,000 54,914,000 45,582,009 77,250,000 *65,656,000 59,261,000' 54,011,000 43,863,000 Now. 23 *75,577,000 69,136,000 55,661,000 45,697,000 58,130,000 Output in October 7% Over ^ The the month of Tt of-the October kwh. 308,807,579 of output power for electric totaled 329,753,952 corresponding the / X. Year Ago— a subsidiaries of kwh.; month the, company 10 months 3.118,814,675 kwh., last increase year, an ending Oct. 1942, 31, against 2,734,501,688 as of 149.—V. 156, 1941, an power ^ for increase* , output kwh. for the 35 of cents been has share per \ The on directors the Sept. June p. 21, 23 have stock, common Distributions of dividend stock, of 50 last.• and payable cents each the 22, year-end Dec. were 50 > Oct. I. Oct. - Sept. \Vire 9 Months Ended last: 1, 1145. 47,461 $35,619 17,273 21,208 $166,671 ! 30——— *$2,862 838,490 782,012 76,246 26,408 /. $1,081,406 —— Sept. 30 (Company Only) 1942 debt deferred from Due $805,558; '■ - Sheet, etc.— discount 1 and 1 786,537 expense. 856,544 charges..——I subsidiary 1941 —$23,438,341 $23,209,321 — Unamortized 2,525" companies——2—— .Total . 5.518 56,250 260,209 499,255 Accounts receivable 319.427 328 1.336 — j $24,783,237 $24,652,358 - 'Liabilities— 7'f'r> cumul. 1st preferred stock ($100 par)'. $3,084,400 $3,084,400 3.792.457 3,792.457 1.368.466 r.36a.466: 1.038,308 1,038.308 stock ($1 debt par)/——-, to 11,546,000 __, i:!/ T——. —Xi-X/—X-'-—-— taxes interest Reserves record' Dec. 7/ Distributions, June 1, Sept. 1 and Dec. 1,- 15,231 • 264.596 - 7,i3i ,,15,668/ 266,933 48.816 46,920 4—a ———— 208,143 208,143: -4*-———i/LiX. 1.321,636 1.321,636- —u—. surplus 1,081,406 805,558: surplus Total 65,083 ",v 5,041 .• ♦Surplus Earned 11,648,000/ 25,087 — payable Accrued 983.650: 983.650 —— subsidiary /— —; ■ ♦Reserved for — ——— $24,783,237 $24,652,358, — general ..contingencies,-; -V. 156, 953. p. Atchison, Topeka & Santa Fe Ry.—Earnings of System (Includes t The Atchison,* Topeka Fe Santa & Ry/ Gulf, Colorado Santa Fe Ry/ Panhandle & Santa Fe Ry.) 3lX X 1942—Month—1941 1942—10 • ' ' 37,793.488 expenses 18,234,090 15,916,833 credits Or249,919 7,993,756 or tax 17, * , revenues oper. debits; Net $ accruals^ Railway ♦Railway - Mos.—1941 ' 1 21,916,651 291,408,561 184,206,437; oper. Other ' '• ' . Period End. Oct. Railway ,. declared par . a $10, income oper, .g ' . > ■ ' 162,266,287 127.298,530 Crl74,686 Dr'2,219,882 2,607,282 62,339,957 23,372,382- .3,567^222 11,315,723 r S 1 33,445,509; 64,522,435 . Dr92,016' ' , ♦Railway tax accruals for month of October, 1942, include $5,621,000 income tax compared with $1,024,000 Federal Income tax in: ,1941. Railway tax accruals for the 10 months ended Oct. 31, 1942, Co.—$1.50^ Dividend year-end dividend.of $1.50 payable -v, Federal share: per Dec. Include ■./ ■a_" X ^ ' 'X : , $45,324,330 Federal income tax in Federal were dividend ' of Canada, Breweries income 1941.—V. 156, p. tax, compared 1948. with $9,693,000 ■/ .: , Atlanta . . Ltd.—50-Cent Div. share lias been declared on the common: Dec-. 31 to holders of record/Dec. 10. Payments of 25 cents each were made on-Mat. 31, June 30 and Sept. 30/ last. During 1941, the following disbursements were made: Mar.-31, June 30 and Sept, 30, 25 cents each; and Dec. 22, $1.-—V. 155/p.' 1008. of 50.cents per par- value,* no Birmingham & €oast RR.- -Earnings— / October— Gross Net 1942 ■-. , railway from from Net, ry, payable V Associates Investment Co. f 9 Months Ended Gross income Operating Sept. 3ft—> J Subs.)—Earnings— (& 1941 $5,901,910 v2,414,226 — 1940 Ivfet . dividend of $1 per sharq $440,840" 1939 $292/326 ' $309,093 - oper.. income— 125,745 30,979 60,016 93,836 43,572 •13,990 20,085. - failway„_—' 4,864,879' frpm railwayry. oper. income— 156, 1,285,691 3,895,280 Net income operations-— .1 from $3,487,684 206,146' credits— income $3,914,754 t $3,553,370 180,707: /' 61/523' . Gross income on notes pay. & other oblig. Provision' for income Federal $3,614,893 609,827 767,920 $4,095,461 «■' 532,982 " : ■ 769,824 1,175,000 *1,590,000 $3,693,830 ; - taxes income Cash divs. paid on Cash divs. paid on $1,735,637 308,500 ' 652,152 367,491 685.121 665,$71 $1,025,196 $683,025 $1,246,675 $2.99 $4.19 pref. capit, stock com. capit. stock . -, *62,488 1572. p. Atlanta Gas Light Co.—Earnings12 Mos. End. Sept. 30— 1 . . , . 1942 , — : taxes ♦Fed. State income & excess Utily. oper. inc. befoic retire, income / $7,710,149. 4.222.676: 1,242.743' ■ . / & .. ,5,478,196 —_ —T 1941 - $9,954,477 1:623,605 — — Maintenance - 398,757" ►214,621 169,501: 291,628 272.603 313.926 profits taxes—_ 1.010,488 reserve accruals $1,236,634 .(net)— 406.894' $1,401,732 Dr36,897 79,981 $2,237,145; $1,985,848 - • 2,907,806 249,577 . 236,422' Operatihg ren'enues —— Operation—natural gas purchased—_ Other Net 2,837,373 886,122 " 409,658 - — Other - 181,776 — From Jan. 1— Net j $605,536- ' railway: Grass .from | i940 X $7,393,877, 3,840,o07. 1941 $8,244,235 4,329,480 1942 . operations from expenses ■: Undistributed & Cable Co.—Earnings- Sept. 30— T / - Outstanding shares of capital stpek Earnings per share __*_ •* After charges, provision for Federal taxes and reserve for contingencies. ' Note—The 432,121 324,600 ; Gross income Retirement before reserve retire, reserve accruals, $1,199,737 accruals $1,481,713' 266,670 285,443 $933,067 $1,196,270 ' Anaconda ■ 116,348 $505,203. 47,110 ... rights, Gross- income profit expense-.,,.; — - - Accrued :■ V;. 18 to holders of record made on April 1, July 1 and Distributions during 1941 were ".as follows: April I, July. l; 50 cents each, and Dec. 18. a year-end of $1.75.—V. 156/ Associated stock, 21 to holders of record Dec. 8, ihade oh Man v. 23,-June 29 and 1571. •Net and surplus Funded Dec. Payments of 50 cents each 8. Interest a $681,552. 113,873 $692,471 1— to patent Accounts per payable $5, stock, common Dec. period , during. 1941 were ■ as follows: March 24,' cents each, and on Dec, 22, $1.—V. 156 Payments Sept. discount Balance Other Corp.—12V2-Cent Dividend— 12Vi Cents par directors have '.'The on Mining Co.—Year-End Dividend— declared 43,989 first preferred stock— first preferred stock.. General Anaconda Copper taxes_r_L,T„'//_„/._^_. for* surplus—_1— Jan. credits Patents, declared on the com-; totaled. same: 1947. p. $637,563 • 42,388 $166,671 "Deficit.—V. - the •"/ 1941 ■■ $763,956 l A with compared as of . For :■ / 1942 , subs. 478,690 debt Due a Arrow-Hart & liegeman Electric: * 1 • XX; ■ from Common *. . share has been declared on the com¬ 15 to holders of record Dec. 5., Dike amounts were paid on March 25, June 29 and Sept, 23, last, as compared with 25 cents on Jari, 27, 1942; 12'/2 /cents- each on' March 25, June 27 and Sept. 24, 1941, and 25 cents on Jari-. 27, 1941/ —v. 156, p. 1145. ,/. ■ /' - X 1938 21—__ , > of 1st preferred stock tno part—'--; $4 preferred cumul.-stock (no part_/:w—. Class A cumul. and partic, (no par) and stock,, payable Dec. 24 to holders of cents each were made on March 3, mon r 14— < and ' p. Nov. "'Includes National holiday. a . Co.—Earnings income ; last* Nov. , Telegraph —„ Co.—35-Cent Dividend— Armstrong Cork and the of units * 1940 69,808,000- for energy & Investments 35-Cent Pay - . , 1942 7 Nov. of - follows: years output & increase an ■ w.— of v of A, P. W. Paper Co., Inc., to finance tne: • | of this,company 75,577,000 kwh,, an increase' k\yh. for'the corresponding totaled . Comparative . five 1.942, 28, is ' the', Oas 118,023,573 interest Balance, divfdend of 35 cents, per share the usual . semi-annual dividend of $1 50 per-share on the 6'<> cumulative preferred - stock, par $50^ both-payable Dec. 15 to holders of record Nov." 30. On June 16, last, a, distribution of, 25 cents per share; was made on the common stock, as against 50 cents on Dec, 15, 1941, and 20 Cents on June 16, 194L—V.--136, p. 952. "r- V ** stock, common . Output of electric energy of the electric properties !>' • interest Balance $967. riULiciuw, Nov, 24 declared directors on the i for of Assets— vv/ Arkansas-Missouri Power Corp. Dividend on Common Shares— A are • • for report Associated This production earnings $6 —». $581 $1,315'. $10,028 Sept. 30— Arnold Constable book* tests-that . above XXx:X,X'X^X'/;'./X of- of 1942 ' $806,344 lfi " staple • ^ mill and the constructioiV'of a new; and office building. The A. P. W.' Properties, Inc., owns, free from nfl liens, the land (1,457 .'.acres more or .less) Justnorth of the Liberty mill, the storage warehouse and office buildingerected upon it. together with the two sealing machines .used by the A P W Paper Co., Inc.; all of which is under lease to.the A. P. W.. Paper Co. Inc., for a rental sufficient (after payment of all operating( expenses) to provide 4'e> dividends on all of the outstanding^ class- -At stock, and 6',I dividends on all of the outstanding class B shares of. the A. P. W. Properties, Inc.—V. 156, p. 1413. . f purpose production • 1948. p. expenses on describing: fundamental Corp. the income on ■ Payments during 1941 were as follows: , March 3 and June 2,;25 cents each;- Aug. 1, 50 cents; Sept. l and Dec.' 1, 25: cents each,; and Dec. 23, 75 cents.—V:-156,- p.- -1686./; V ;- make to number new Net Direct ; remodeling of the; latter's Liberty A "Crown" Tested -rayon fabrics,. copies- is available for distribution companies interested in studying the standards estab¬ addition,'a Total Surplus, .— storage warehouse :: 31;- ' ■ consolidation of plants of 25 "Crown" new Electric ' Dividends • ■, 448 . inc. Fed. —Hie.A. . for *A May & output of units (kwh.). Telephone Dividends - 2,222 2,222 , $8,553 " ** .—,z~.—-4— Earn. surp. quarterly from in 1948, Co.—Weekly Output— Gas income Capital 1203. p. shares p. • . electric 10.0^ 156, 3,332 5,301 ~ 5,720 5.684 pending issuof stock——' Adjust. on; / American Viscose Corp.—Issues New Handbook— > net 129,833,656 or • 156, Amortization com¬ cents addition, • Sept. 30— and,dividends received Debenture 1,666- ., ., ? last all 27 was units Operating 1,717.. . . . pay. The X ''V. on record one In been 1942.—V. 30, declared holders .of last 23. share per Nov. Dec. and 431,951 380 966 $4,168 . $17,934 . stock-—-— B Class ; on Co.—$1 Special Div.-— to 27, Dec. on 18 . has 26 Dec. on of $1 one share per payable no,par, of $1.50 27, of July on , American Smelting & Refining A 5 of par, and $6 cumul. : 2,195,738, 33: and 1857,- p., American Seating- Co.—50-Cent Common Dividend— siock, : surplus Total , three' a Safety Razor Co.—25-Cent Dividend—XX dividend special common Other $6,731'. „ 1,682 2,070 profit tax rate 1941 „ Associated Nov. _> "Deficit. $3,50 reserved 1,712 $4,252 / Class A stock—' '■ requirements were paid Sept. 21, 1942, -and a dividend of $5: per share, including $3.25 per share on dividend arrears, - wasdeclared on Nov. 19. payable Dec. 10, 1942. Cumulative dividends not or 501 Dividends declared: $480,092 accordance in 9 Mos. End. General 2,108. . . dividend' arrears, declared 33 $8,329 169. 1,787 Depreciation on totaling ' $6,698" $8,296 $8,063 ' 381 —. 79,746 shares of American Public-' Service Co. stock outstanding Sept. 30, 1942, amounted to $139,555} preferred Dividends taxes $8/490 /' •/ exps Taxes 22,398. ' 115,900,289 shares • Associated Net 6,904 , 5,507.060 13,822,463 , 456,747 of ago.—V. Interest : ■ ■ ,, -IT-—X Administrative Divs. — 255 - - $511,502: 7,459 24,766 618 income . . 1,529,627 2,266,865 15,101,765 X—.' accrued ' Earn., .surp. .■ ■ taxes Net . - 1942—9 Mos.—1941 tax*»-«.. exps.__ income 1939 • • ' ' $7,894 $8,235 , -— income Total ■ Net 1942—3 Mos.—1941 . Inc..,— Co), 1940 ; / X. taxes, etc.i—„ X—/ ----- and Company only— .1941 W. P. A. Interest earned expense. Statement Period End. Sept. 30— Total income Gen. and 1942 End.^ept. 30— from Paper •< income' additional discount, call premium ancl expense resulting from the refinancing debt .in 1939. Such amounts have been credited to. of 3 MOS, 1,314,312; , Inc.— Earnings—- , 6,000,000' 53,120,406 group 11,810,083 1941. represent amounts equivalent to would have been payable on current which com¬ Rental to fThese, charges taxes been published' effect 30, have 1942. figures give to taxes Act P. W. Properties A. 2,797,406 6,000,000 ———„ . ,: , . $682,176' $770,747 • payable-...-, , trustees ended year : income Net notes • week $21,085 Nil 1322. p. 3,088,409 2,393,303 dealers.}— Associated Gas & Electric —-L— , $0.01 9,768,000 71,406,900: value and includes capital surplus.—V. ' ' X, ' r, " X : I* par • J 1,000 $2,189 . shr. com. stk,. per 208,131 3,187 •u.-—— 7,576,800 14,791,700. 855,322; I„II—T '—— The 38,000 provision-' Contingency ___*. ■ losses—Li— payable Electric deducts._ from income ' 941 . 9.006 191,460 2,605,023 ♦Represented by 45,072 682 etc._ accept., for Fed. Prov. 1 — ,'i /.—* — 1^4 '}> of no ' by / Earned surplus $313,380 48,476 adm. & sell, exps.. ; - Dr 4,895 $369,772 for depreciations- Gen. Int. pi'd. I—II stock withheld Unearned $318,275' 24,505 105,487 .... . stock Reserve for v — 231,246. 10,270,689' 104,106,416 53,120,406 115,900,289' preferred 95 Days to, July 1 to 51,638 42,407,655 Liabilities— Notes payable . —— cars 81,473 6,853,260 ... I., Total' ♦.Common . 62,862 .——— receivable • '100,000 , - .... Repossessed A' r t II™ t 5,000 —. : Accounts on'' per-share record (& Subs.)- -Earnings— July 1 to 1 Oct, 18/41 Total earnings : Texas held income since fixtures- receivable Total 95.600 ' public cents ' sales of and- 'c 760,000 2,500,000 - Agency, Inc.—: Savings bonds Govt, $ 250,000 760,000 '_a_. Inc.—'—— " $1 584.524 193,577 3,075 West quarter July 1 to " sales Gross -85,991 27,027 Co. S. 1941 250,000 : . $1,498,532 discount curnul. $6 on stock 25 Oct. 29,'42 v 467,370 28,258 interest Utilities each of holders ;of 3ft $ Co.—_ * ' 2178. p. Period-- 383,895 $583,226 • — expense General paid to Sept. of— Prepayments Accounts fneti debt been 155, dividend a Dec." 18 ' 656.831 65,554 long-term debt-. on (U. Furniture *22, Dec. Building Industries, Cash < of income income has ' Prov. Gross . payable A. P. "W. Paper Co., Inc. ; 62,202 — operating and 5 r,'r Other Net each; Co.—25-Cent Dividend— declared have directors capital-stock, 136,520 138,847 cents ' like '■ 1,478.740, 223,052 223.451" taxes- taxes... tCharges 68,728 218,944 50 $4,491,771 1,554,004 " 222,704 — V . $4,848,751 65,604 Depreciation ■"Federal . the 1942—9 Mos.—1941 $1,805,323 revenues Maintenance Other Statement Income 20, 1145. Andes Copper Mining 556,909 oper. Oct, stock Morco General Notes (& Subs.)-XEarnings—> 1942—3 Mos —1941 Operation and year-end of $1—V. 156, p. a The American Public Service Co. Period End. Sept. 30—• 21 July 1940, 153. p. April 21, ' made, as compared with extras of 25 cents each on Dec. 30, and National capital stock, payable Dec. 21 holders of record Dec. 30. extra distribution of 50 cents per share 15 Jan, on capital Ernmco Insurance Co., Inc,*.—!**—'. r year-end dividend of 25 cents per share has been declared on the to holders of record Dec. 11. A similar distribution was made on Oct. 19, last, as compared with 50 cents each on April 20 and July 20, 1942. Payments during 1941" were^ as and in Associated • Dec. Sheet, 1942 Investments An extra dividend of 25 cents per share and the regular quarterly tjividcnd of 25 cents per share have been declared on the common stock, no par. The extra is payable Dec. 15 to holders of jrecord Balance Assets—• states. ■ A ! 1, Monday/December 7, 1942 report states income is subject that the ■ Earnings 1942 -$1,448,540 $2,146,580 421.981 $3.43 income and 421,961 " excess $5.09 profits abov.e, preliminary estimate of net to such adjustments as may develop in the audits of common 1941' per net share stock (ho inc. on for period 456,747 shs. par) -♦Including $549,000 excess profits tax. i ■ $3.88 " . ■ ' • . - v consolidated Federal' income... and excess profits tax returns will be filed and since the excess profitsl Credit of ^ Associates Investment- Co. and wholly-owned , finance, sub-. sidiaries exceeds their taxable net income the anticipated excess:profits, tax on a consolidated basis is being allocated to the non-consolidated subsidiaries iii proportion t6 their adjusted excess profits" rifet? income,' Note—-It• is contemplated- that Interest- on • Net of : debt discount and expense— Common : _ dividends dividends —: ^ 24.407 17.211 $524,058 L———ill—/" ' the basis of the 324,690- 25,412 26,776 income X*On 356.821 income-charges Preferred Acts ; — bonds Amortization Other : ■ ; rates'- $829,961- 78,000 "" *78 O00- 751,252. 480,290 imposed- by the' several Federal Revenue:' (including the recently-enacted (Continued on 1942 Act) page it,is 2633) estimated ' that , X the ^ 260s THE COMMERCIAL & FINANCIAL CHRONICLE Number 4131 Volume 156 Stock and Bond Sales DAILY NOTICE—Cash and deferred delivery tales are New York Stock Exchange «» WEEKLY - YEARLY - taken of such sales In computing the disregarded in the day's range, unless they are the only transactions of the day. No account Is range for the ye*r. United States Government Securities on the New York Stock Exchange Below furnish we Stock Exchange Nov. 518 Daily Record of U. S. Bond Prices [High Treasury — Dec. 3 Dec. % Dec. 4 — — — [High \ 2Vis, 1956-58Total sales in $1,000 — units [ High (Low High 2 Low 3%s, 1946-56. Vis, 1962-67 [Close Close Total sales in $1,000 Total units 1 : Total sales in 2 Low [Close Vis, Total sales in $1,000 Low 100.15 103.12 2 Low [Close — [High [High 101 ] 2'4s, 1952-55- Low —■ Vis, 1951-53Total sales in $1,000 units 20 .— 101 Low [Close ■ [Close Total sales in , I [High [High Low —, 2'4s, 1954-56 Total sales in $1,000 units—— units—— [High [High 3s, 1946-48 -[ Low [Close 1947 2s, Low Close Total sales in $1,000 Total sales In $1,000 units--— 2s, March 1948-50 Total sales In $1,000 units Total sales in $1,000 units—. [High Low 109 [Close 109 units Low Low Close Total sales in $1,000 1 — units—_—, [High [High Low - , (High 2s, June, 1949-51 104.26 104.26 $1,000 units -I 1949-1951 Sept., 2s, | 234s, 1948-51 ( Low [Close Total sales in $1,000 units 104.26 High [Close ■ Total sales in 2s, Dec. 1948-50 4 .„ 234s, 1945-47— ;— [High 109 —- Total sales in $1,000 Low [Close [Close Total sales in Low ■ [Close [Close 2%s, 1955-60 units—,—- (High [High J Low 3s, 1951-55 Low ■ [Close [Close Total sales in $1,000 $1,000 units "Sigh [High —\ 234s, 1951-54 Low Low Close (Close Total sales in $1,000 Total sales in $1,000 units. units [High 2%s, 1956-59 [High j Low 1950-52— 2s, \ Low [Close - 101 Total sales in $1,000 units $1,000 units 3'/as, 1949-52- 3 (High 103.12 —• 100.15 units——.— 103.12 [Close 100.15 [Close 1 $1,000 units 3'/as, 1946-49—— [High ( Low 2Vis, 1967-72 102.6 [High Total sales in Low units 102.6 $1,000 units— 3%s, 1944-46 in $1,000 102.6 Low [Close Total sales in _j [Close High — — units $1,00 1963-1968-1— Total sales $1,000 units— 314s, 1943-45— in sales [ High [High 33/aS, 1943-47 Low [Close — 8 Total sales In $1,000 units Dec. 4 [Close 106.8 — Dec. 3 Total sales in $1,000 units 106.8 [Close Dec. 2 . — 1 Low 4a, 1944-54 Dec. I Low 106.8 [High Nov. 30 [High 2%s, 1952-54 — — Nov. 28 U. S. Bond Price* Daily Record of Treasury — [Close units-, I Dec. 1 — on the New York below). Figures after decimal point represent one or more 32d of a point (See note Nov. 80 — -\ Low 4%s, 1947-52 Total sales In $1,000 Federal Farm Mortgage Corporation coupon bonds daily record of the transactions in Treasury, Home Owners' Loan and a during the current week. [Close Total sales in $1,000 units [High [Hign Total sales in $1,000 units Low 2s, —{ Low [Close 2%S, 1958-63———— Close Total sales in $1,000 . units — ' High 1%», 1960-65- — ■■ Total sales in $1,000 [Close lis, \ 1945 [High Low [Close . Federal Farm Mortgage [High 3'4 s, 1944-64 Low Total sales in $1,000 $1,000 units— Low - [Close ; [Close Total sales in - Total sales- in $1,000 units——_ units——— [ High 2 1953-55 2s, Low — units [High - [High 1V4», -[ 1948 3s, Low Total sales in $1,000 transaction no in [Close *44% 109 Vi 46'/4 46% *109% 36'% 42 % 42% 7% 7% 110 *41 '4 7% 24% *24 15% 16 37 37 61 62 3 % *80 5 39 42% *41% 7% 7% 37% 3'4 3% *80 85 '4 iri; 42% 42'/a *41'4 42 7% 7% 7% 7% 37% 37% 64 4% 4% 5% 5 5 5 *4% *12% 13% 13 13 17% 17% 17% 17% 57'% 57% *12% 15% 37% 3% *16 15% 37% 3% % 7% 4% 4114 400 7% 8,200 . 24 24 16 16% .1,900 37% 6,700 37% 38% *81 3'4 3% 3'4 4,400 86 *81 % 50 65 *61 86 200 5 *4% 32 . 37 104 31 39 Steel Co_ Adams-Mills Alaska Corp Juneau 4,100 TU,' 4% 5% 4% 5 2,700 5 5 5 4% 5 500 13 12% 12% 12% 12% 12% 12% 17%- 17% 18% 18% 18% xl7% 18% 65 *58 65 1,100 - Inc_ Gold 29% Apr 28 par 400 10 Min No par -100 100 preferred-No par Allegheny Corp 5% % pf A with $30 war 5%% pf A without war $2.50 prior conv 43 Jan 48% Jan 5% Apr 24 18% Jun 8 10 Mar 27 Vicksburg Ry Co 61 Jan 6 1% Mar 24 69% ^ 3% 3% 9% 49% Jan 13 110% Oct May 14 Sep 9 No Corp Reduction Ala & May 14 t per share Mar 24 No par No par 10 Express Address-Mutigr Air 100 No par No par — —— . Albany & Susq RR Co——100 > 5 5 Acme preferred Adams < per share 25 Abraham & Straus 24% 65 3% 3% 85 *80 % 37% *61 65 41'4 7% Abbott Laboratories— ~20 36% 16% 24% 24% *24 *61 85 '4 31 5 *5 42 % Par 800 491/2 112 *33 36% 24% 3% *48 *110 *33 16% *80 48 112 38% $Cash sale. Range Since January 1 On Basis of 100-Share Lots Lowest Highest - STOCK YORK EXCHANGE Shares f per share 48 *33% *24 *61 share *110 47% 112 *109 16 64 f per f per share 47 % 111 16 36% 3% 47 *33 24% *61 85 as 46% *109 36% 36'/2 15% I per share NEW the Week Dec. 4 Dec. 3 Dec. 2 Sales for Friday Thursday Wednesday —; tDeferred delivery sale., sales. STOCKS SALE PRICES Dec. I < per snare 46% 110 *33% *24 HIGH Tuesday Nov. 30 f per thare "Odd lot registered bonds. Monday Nov. 28 Low • Total sales in $1,000 units LOW AND Saturday — l'/as, 1945-47 Low [Close were units [High Total sales in $1,000 units There [Close \ f High ,_•} Low 3s, series A, 1944-52 units. Sttt, 1950-52 [High Home Owners' Loan [High -J Low [Close Total sales In $1,000 Close Total sales in $1,000 units— $1,000 units—— 2'/4«, 1949-53- Low ————• V [Close Total sales in 1944-49 July Jan Apr Apr Jun 15 2 17 18 23 8% Nov 24% Oct 16% Dec 38% Oct 23 69 Oct 22 4 94% % 6% 614 17 Nov 23 Feb 10 Oct 5 Nov 6 Nov 7 Jan 27 " 6% 6% 136'% 136% *55 10% 16 63 *6% 17%*55 6% 6 % 6% 6% 135% 136% 135% 10'/a *10% 10% *10% 10% 10% 16% 15% 15% *15% 6% 6% 6'/a *72% 75% *72% 75% *18% *1 25 19 X24 24% Xl7% 1 % 1 18 6 *72% 23% *17 1 *6% 7 136% 6'4 75% 11 *10% 11 15% *15 15% 6% 6'4 6 6'4 *72% 23% 23'% 18 % *16% lil % 75% 23% *% 13% 13% 68% 68% 23 22% 22% *22% 23% *22'% 23 % 46% 46% 47% 47% 48% 47 47%. *22% 46 Va For footnotes see page 2015. 68% 68 % 23 x45%~ 68 % 23 46'4 - 23 46 23% 46 % Allied Kid Co i. Allied Stores 9,400 % *12V4 —_—1 Dye Allied Mills Co Inc,— 400 15 13% 68 68 18 *% 67% 68 *17% 18 / *17% & 4,400 200 25 Chemical 5,300. 73 24% 24% Allied 200 - 2,600 900 6,900 par ,100 Allen Industries Inc 200 % 68'% *12'% 23 Va *17 18 68 Va 13% *72% 72%- 75 1—No Alleg & West Ry 6% gtd— 1,900 " 135% 15% *10% Alghny Lud St! Corp, 3,400 6% ' 135 6% 11 *12% 68 135% 15% 13% *12 "*4 6% 6'/a X135V4 6'% *12',4 13% , 20 15% 16 *% *58 65 *57 136% 136 6% 24% 65 4,900 No par —5 No par No par 5% preferred 100 Allis-Chalmers Mfg No par Alpha Portland Cdm —No par Amalgam Leather Co Inc -1 6%conv preferred—; 50 Amerada Petro Corp No par Am Agric Chem (Del) ..No par American Airlines Inc 10 Corp . May 25 57% Nov 28 16 22% Jan 2 73% Feb 27 Dec 2 Jan J 12% Jan 26 16% Nov 18 6% Nov 12 81 Jan 13 30% Jan 3 19% Nov 12 1% Jan 26 18% Jan 27 70% Oct 22 24 Nov 4 48% Dec 1 3% Apr 9.7 118% Apr 28 149 10 11% 4 $4 22 14% H 12% 43 18% May 25 Apr 24 Apr 28 July Apr Apr AuS July Mar Jun 3 29 17 19 24 27 30 25V4Apr 17 Range for Previous Year 1941 Lowest t per share Highest $ per share 46 Feb 55% 34 Dec 54% Sep 43% Dec 51% Jan 5% Apr 8% Dec Sep *17% Dec 24% Aug 9% Dec 15% 34% Nov 45 July Sep 75 Aug 73 Jan % Dec 5 Dec 1% 85 99% Aug Dec % Jan Jan 10% Jan 3V4 Dec 9% Aug 11% Dec 21% Apr 17% Dec 25% Jan 4% Dec 11% 135% Dec 10% Feb 11% Dec 3% Dec Jan 167% July 13 Aug 14% Apr Dec 9 71% May 87 Oct 24% 37 Jan 21% Aug 1% Aug 5 Dec 14% Mar % Dec Sep 10 Apr 20 41% Feb 63% July 14% Feb 22% Dec 40 Feb 58% Jan Sep THE COMMERCIAL & FINANCIALS CHRONICLE 2006 LOW AND HIGH SALE PRICES share I per I per share S per 9 9 9% 9'/a Dec. J Nov. 80 Dec. S 9 8% 9 FrUsy Dec. U t per share share t per share 8% 9 *18% 9 » per 48 48% Va >474 5' 28% 126 48% *4% 28% 28% 126 48% * 5 48 Va 49 . *874 5% *4% 3% 3% 71 128 Va *28 Va 174 173 173 23Va 2374 65 65 *22% 3 Va *127 3ft .70% 70% 9 V'a 107 18 ' 1,500 *15 ,20 17% 17 74'■ •. 97. *5% 6 V2 23% ISVe ' ' 23 ■ 171., 65 ' : 280 *03 99 96 20 >'14 '■ ' •" ■ % .' '37% ; 37% ft ' 4% 33 32 33% 33% '97 : 15% 98 Vj 15% '■" * 1V4 23% 1% ■14ft *97 '.: *37 va 1% 6% :i:, V ■"■ 15 V '4 33 >6v> 300 7% 1 Va I 23 % 1% ■ .51% ' 51% 174 • . 1 7% Vii, • 39 •■:: 38V:> 38 Va :4'%. 32% 32%, 33 .ft- 274! ,2 , *4 4 74 ' ft 34% *4% 4Vt. 5: .4% . .. *39 7% . .7% *38 Va : , 2 331;: X32% : Va 2% 3i ; . *33 33 ■ 51;i4 51% 51% • 33 •'.' .: *5 Va 6 120 25 5%. . 19 %. *117 .5 2 *34% 35 Va- 43e 4% : 2. ■ 5 40 ■ 7sa 12 >4% *38 Va ; 83 *25 ft. *81;a *4:,i .. 19% -5% 19% *117 25 Va • 8 • 17% -17% 6% 6% 19 10 Va %.- U 19 6 *5 r!a 5% : >25'% 25% 25% "■ 4. ■> 1 • 10 54 Va 54% 9% , 28% 28 28 38% 38 147% *34 144% 19% 19 / Apr : 7374 Jan : 13 56 Feb 16 May 26 May 27 110 Mar 16 •15 *143 Va , ft. ,21% 42 136Vv .7%: ft 136 ,136 *115% : 18% 130 V4 41% 11% 18% 90 V a *22 V'4 ... -128%. 129% :; 4i 41% 42% 42 34 ,■42% 136% 7 '. 4 116 I - : 4 ■:- 4 3% 3 Va 22%: 25% .■■'. 54 V 25% 28 V# 16 %: •.15.ft * 111% *10 29% *110; i 110 Va 111 Va *110% 10%: *1% 1% *30% 3 43% . 3 43% * 55% 3% 3 .ft 30% 44% 50% 30% 7% ' ft *4% : • 11 *1% 31% 43 ; 5% 7% 7% *4% 31% *56 *70 75 57% - V2 / 44 ft 100 100 *100 43% 65% 65% 26 26% 22 % 22%": 42 42 18% 18% 108 75 '43 K ■'■■■, 3 :' 30% ';• 7% 4% '■•■'V *7;ih 7% 4% Oct 17 3 Va Jan 10 36V4 OCt 16 I 51% Dec 13 5 2 6 Mar- 35 28 74 « Sep 374 Jan 24 74 Sep 38% Jan 4 V# Jan ,' Apr Feb... 29 . , FebDec ■'•■'ft 2" ., ''Dec'" .27 ■ ft; "33%: Aug May ft-1ft Feh 9 274 21 Jan ■ . 10V4 Jan / 5/ 9 7% NOV 4 23%>Mar 50 Dec> 7774 /: Jan Jan T77# Jan ft . Dec / 9574 Jun 1374 Jan // 2 V* "Feb 6 7# Sep Apr 111 23 Dec Mar 15% 121 Apr Feb 2 26% Jari 3 15% Apr 23 26 V*. Jan 9 2074. Dec 46%. Jan 12% Apr 15 22 Jan 9 1774 39 •ft :3% Apr 119 2374 2674 Aug Jan ' ' • ■ 3 % Dec 374 9 6V» Nov 25 74 .Dec •v lit Jan Jan 3 155 Feb 12 Jan 13 9 Dec 52% Apr 28 .4% Mar 11 59% Oct 17 50 Dec 6% Feb 12 1174 Nov:27 22ft 9'/a May 25 Jan Jan 7% Jan Dec 165 142 «/a Jun ; *85 99 100 / • ■ W : i257a V 16 ; 24 35% Jan May 25 35% May 14 7374"Jan Dec 6 Dec 1074 29 43 Apr 29 136'/a Jun 11 16% Juu Dec 4074 July * • ,3374ft Dec-1 138 27 26 7 * Jan Oct : 2174 Nov " 2 12 Feb 3 12 Oct 2174 Jari '/ , Dec 13 13 81 23 ——100 —.25 101 '/4 Apr 33 Va Apr 13474'Jan 29 24, v Feb 2274 ,;■; Jan ' 6 4974 Jari 27 4374 98 •• Sep Sep 1974 Aug .168% Jan 7374 Dec 43*% Jan ft 1174 July 13 Va Jan 1174 May 11574 Dec Aug 14 Jan 2874 Dec 97% Jari 14 2 15074 Deo 67'# 17V4 Jan Mar 26 Jan Dec 8% 21 15; Sep '"'■■; 54 15% t 4 7% Jan 155 Dec; 139 2 9% Jan .■ft 4574 July Mar 2974 Mar 14 144 3 ■"■ Jan 14 36% Oct 29 ■ 14 148 V4 Nov 132% May 14 25 Apr 22 Apr Corp.—_ 14 preferred—————100 Dec '100 / I 200 700 ? Jan ft Armour & Co 500 Armour ■1,000 /Arnold Constable 400 5]'a . 5% *70 /; 75 *70'% '- 56 *55 j 56 2,700 *28 31 28 V *27% 100% 100% *27% a 100 *99 ■ 44% 453a OO'V; 66% 25% 26 W-: 25 Va 25% ' - 25% • ': 27 271a - SOVa 100 5 V.'. 44V2 .' 26% 27% "• '■' ■ ft 5 24 11% 11074 112*% Mar 19 1274 Oct 21 30 July 35% July 1 1% July 28 35 Jan 15 Mar 11 Sep 29 ■.'•■ • •115% 74 Jan Feb 28 2% ft,: 3374 112'/# Sep Sep ft. 27c Dec ft ! 5% Jan 14 67 % Feb Jan Jan 4 21 47>% 66 60 Jan 31% Nov 16 20% Dec 874 Nov 14 4 Jan 2 Oct Dec V# Jan 4 Sep 12 74'Jan Dec 1*6874 Mar 111% Mar 12 ; 17'% ■ Jun ■: '7, Jan 5674 July Apr; May 26 Sep :""8-- ■■■'' Deo 3 28 May 26 79- • Jun 53 20 Co-ft——-No par Jan 74 Oct 17 82 July 674 Jan- ft 4V4 Apr 28 61 Va Mar 24 v 70% : -72 3474 Sep Sep Jan ,6V* Dec ft':.; 3' 20 Va *19% 20% *38% 39% *39 39% 18% 18% 108 Va- 6% 50% 50% *53% *113% 53% ' , *2 *23% 25 3 3% 53%. 115 *53% 27 19 19 V 54 : 54 Vt 115 8 Va' ;■ *71a 3V4 3V4 19 Vi 8774 5- Dec 91%. Oct 574 3 '■■./; 6% Jan Dec 1074 77 % Jan 8 78 Dec 2$ 63 Jan 17, 70 Dec 9 28 NOV 21 20 Dec lOOVa Dec .2 ,88 Sep ft Sep 10274 Aug 35% Jan ft .82. .Aug. 2 Oct 3 18 Jan 3174 July 60 '/a Jim 25 72 Va Obt 7 5374 Dec 19% Jun 2 3474 Oct 9 1274 Feb- •7074 May ft 28 V# July 16 Vz Jun , ———100 ; /'ft: 41 19 ■54% *113% Vi 27 *27 V 28% 3 3 28 a '■ 3 5,500 ■ 24 51 13% Feb 167a Jan 6 53 -1' 54 Va'. 600 " ■ 8Va '2,700 •' 3 " 28 280 3 V 20,400 • prior A——-——ft—No par —3 Ayiatioh Corp'• of Del '(The) Jan 45% Jan 3 23% Jan 28 9974 July 20 6% Sep 21 4674 Apr 25 43 May 23 nr May 25 7 ■"- Apr 30 : 1% Apr"! 7 : 15% Apr 28 .100 .'—5 /Oorp.ft—41—-ft—ft— preferred-ft——ft——• —50 ■At! as' Powder ft/ ftft-..ftftN or par 51»-conv. preferred———— .100 Atlas Tack'Corpft—-———No par Austin Nichols-ft—-ft-——ftftNo; par 6 Iff" ' 50 4!^; coriv/href. serifes Aft/--ft— 34 ■■■ Mar 16 14% Apr 30 33 : Atlas' 500 116 ■ :•'■ 51o- 200 3Ve *27 ft- preferred—ft—- .100 .125 Atlaritid ■ Refining-*--—-ft-.— 49% *7% Va 3 300 /:.. 3,800 ■' ' 3 Va Atl G & W 1 SS 6 Vi *2 V'a ' 3% Lines_ft—---'■ .ftftl 300 106 ft. 107r'« ',:: 6V:, : 49 vi 50% 115 8 Vs . * 61a *49 Va 55 18% a 106 7 0 1067a '■/"Ola, 116 ^115 2% ■ *39% 19 *7% ■; 40% 49% 2% 3 *39% 49V4 8 Va 24% 374 40 6V4 >2% ft 19% 106% *7% 2%. ' 20% 6% • • *10V'4 106% 50 *53 Va 115 8% 20% 18% s 6% 50 115 *7% 108 6% 1$% 39% 18% *106% V * 9674 Mar ft ■$5 '109% Feb 20 2874 Dec 2 274 Jun 2 4Vtf Jan 6 59 19% Jun 107 May 674 Feb ■ 7 Jan 5 47% 50'Vfr Feb 16 -4574 5 61 17 111 6 2 51V# 13 Jan 121 Oct 9% July 174 May ft- Nov 72% Feb 3% Dec Sep 7% July ft Apr 26 Jan Dec 11174 , May Jan Nov 28 V# Feb 9 7# Jan 70' 116 Oct 56 374 Oct May 25'% Obt 274 Apr 5% Jan :://'//b://://,::::;:/' 11% ' ' 3%' 37% 5ft' '. 5% 5 5 . 27% 27% 11% • 11% 11% 12 5% 3% 29 3%'' 5% *5% 29% ■ 5ft 5 27% 11% 5% *28% ' 11% :■ ft 5 4% ■ 29% 574 30 Va 11 % 11 14Va 14% 14 V8 23% 24 Va 110 *26% 28% *86 *22 *24Va *104% 92 ..*26% *84 5ft 23 Va 24 % 110 22% 24' *104% *8% 8% 121% 8% 33 33 % 11% *5% 32 Vi 18% 'Dec 33 3,900 500 33 -f 190 Asphalt, Corp———-—^10 Barker* Brothers.—ft/.ft- —N0 par .■5% % ..preferredftft———5'0 Barnsdall Oil Co— ——.—5 Bath Iron Works Corp.--/——1 *22 22'% ' 400 Bayrik Cigars IriO—ft.—No -pfff *24 24-% ' 800 Beatrice 23 24 24V2 105 Vi *267# 28% *26 7a 89 * 89 9 *8% 12% 11% 11%' 32% 32 Va 32% 14% 22% 001,' 54 53% 9 29 15 53 53 53 22sJr 23 Vi 23 23 54 Va 55 Vi 53% 54% 11,700 109% 109'% 1,700 23 55 109 Va - 109% *109 . 110 ■ 53 Pf 900 1,800 Beet oc O'u— Bethlehem : 7% • —-—-—-—No par Steel preferred (Del)—l—No par ft—.—ft-.——100 1 Dec 35 1074 July 24% Mar 774 Feb 1374 Dec Dec 3174 Mar 2774 July 15 26 Oct 9 105 Oct 9 102% Dec 106 Oct Feb 24' 28% Feb 32 Jun 126 Apr Jan 8 64 Apr 24 6% May 14 May 20 30 116% Jan 10 Oct 16 6% Dec Dec 3 1074 Jan 17 2 3274 Apr 41 Va Sep Jan 39% Jan 3 17% Apr 27 49% May 25 July 1 8% July 9 30 21 28% May 108 1774 Nov 9% May 20 105 1774 Dec 20 Sep Mar 20 Apr 23% Jun 13 X2374 Nov 27 Sep 974 July Dec 0 20 Sep July 5Va 23 ,15% Apr'30 34 1274 27 Va Oct pfd $2.50 div series '38.No par 15 3 18% Jan 974 May: 6 3.900 Dec 12 46% Mar 18 12% 40 6V4 Nov 12 33 1.2%. ■ Apr 3 Beneficial Indus Loan—^ft—No par 100 400 ' Dec 7 2 6,900 ' 8% 32 3% 874 Jan 1,700 12% 92 9 Jan 574 July 8% July Dec 12 V# Jun 34'ft ' 327a *25 53Va 537a 4% Apr 25 24% Aug 26 ,103 Greek 3174'Sep 1274 Nov 10% Dec ' 25 $& preferred w Beech 1 2 15% 32% 23 Jan 33% 32 % 8% 12% 54- Apf. 15 15 Va 12 ft 28% *89 9 12 Va 14% Creamery——.— ' 6 V# Mar/25 15 Vi 92 105% *26% 30 *52 Va 2,600 A 22' 33% 85 30 12 . 9,400 • w—..—ft—No par RR_—■—ft.-—ft——50 Beech-Nut Packing Co.— 20 Beldlng-Hemingway—.—.—No par Belgian Nat Rv* part pref——r Bell- Aircraft Corp— .1 .-1 Bendix Aviation—ft-: —ft—5 *104% 28% 29 . 23 Va 110 *104'i '105% *8"% * ' 29 6%Jan 26 23 Barber 24% 29 2015. *5:,i 33 *104% 90 finotes see 6 33 12J :; Bangor & Aroostook— -50 Conv- S>% preferred-—ft-..-.10*0' 24 V'a *22 2*74 53 •pr>r 600 250 •22% 22% 105 *89 109% preferred—/-——.——-.100 4% 1,800 11% ' 90 110% , 14% 14% 53% 5% 4%: 28 19 374 Dec 11% 53 22% 11% *4% ' : 274 27 14%, 14% 110 11% ■ 2# 7% Jan 14Va 22=?« 53% 22% 11% 6 4 V# Jan 23 12 14% 54 % >27% ■. 2 3 4% Jun lift' 53 110% '4% 27 Va 33 14% Jan 25A Jun Baltimore & Ohio—*.— 14 Vi 14% 54 *5'» , >47a 3% : 11% 53% 22% ,5% 3Vi 14% 14% • :: 14 Vi *52% 110% 57'a *32 3% >27'% lift: 974 Jun : Baldwin- Loco Works v t 5,100 ' ■lift 28% *8% "5Va / '100 c——/IT 7,700 12 14% *26% / 9 11% ,117a 28% *24 12% 12% -ft-3%: • 4%- 27% 11 Va , *22 ",5ft'- 27% ■ 5 Va 30% 11% Ills . 3% *4% 11% 14% 24% 5*/a 11% 11% 104 % 12 ..:3ft. 5' 28 Va 14% *22 Va 3% 5% 11% * 11% ' *27% in# 6i 11% ' • 27 Va ■ .lift3%' ft fftift 974- Sep Dec : 27% Jan 8174 Jan —100 Line RRftft—i.—10O Atlantic Coast 14 Jan Jan 874 Aug 81% Dec. Jan 9974 -ft'- 4674 May 2274 Feb 2% Apr ' . 287# Jan . 274 . 5% Mar 20 preferred—.^.——100 preferred_ftl_-_———100 preferred . 14 13 -' * Tppeka & Santa Fe^——100 '/:;■ 5% . Jan 50 Jan 7% Jan ; ■ Feb 17 21 COrp-/.-—ftl-ftlft* preferred——— 5% • Atcti 12,700 11,200 4,000" 27 ft",: 2d Assoc Investment 80 : 66% 1st 7% : 100 45ft 661 ;; 300 5% Jan 51. 40'/a Oct 21 * Corp.——-—.-—No par preferred—-ft—100 Associated/Dry Goods——ft— 1 6% i 14 2'/a Sep 10 42 Sep -11 ".■ -1% 75 *55 Deo 7674 Jan 27% Apr 27 Artloom .j 600 * 99 Deo 3% Jan Aug 11674 Aug Dec 6474 6 30 102 5 preferred————ft—100 Armstrong Cork Co———No par 2,600 r :> -C 75 , 71* r7% 274 3 7% May 20 $6 conjv prior -preferred——No par , 13 1 107 (Del> pf 7 % gtd—100 & Co of Illinois-—;; NOV 127# Mar 11 247a Aug No par 2974 Sep 57# Jan - 7 Dec 112 • 159 Dec 70 74 Feb Aug 10 22% May 20 374 2 747% Jan • Dec 23% 14 V 3 '/a Apr 29 38% Jun 23. Archer Daniels Midi'd—ft—No par ■ ' .7,900 30 56 52 X143 ,7% Nov 21 ///4 15 Aug 14 374 Apr 18 • 14 Jan 116% Jan 39 Corp——12.50 :.ft$5 dlv preferred-———No par Andes Copper Mining —20 A P W Paper Co Inc—ft———5 ' • lie Apr ,, —-No par Woolen—^..-ftft-ftNo, par Anchor Hock Glass 45 Va *85 5% Elec——NO par Water Wks & 27 30% Oct 17 108 Ve May, 6 Viscose $6 1st preferred— . 143 61 374 Apr 27 120 ift—ft—--100; Anaconda W & Cable.. 170 '■■'>■., f; '" 20 % 44% ' *70 100 ft 5074 Jan 34% Apr 20 25 • Type Foundries Inc——10 American -i 1,000 . 4% 7% 74: 99 5r,ii 67 6% , 165% Aug 1574 Jan 474 9% NOV 30 7874 Mar 27 preferred .5 % Am 200 ■•■ 5% 44 *106 Va , 1374 Jan - Dec '■H 874/ Dec 4 / 29 • Sep Oct 30% 4 V* v 6'Vav Dec; 774 6S 6 1274 Oct ft 2% ■ Dec 38 6 Nov 91 ' 51-% Aug' \ Dec 20 17 40V4 Nov 20 9% Apr 30 Apr ft' '42V* Dee 2 Nov 7 6 Jun • May 29 -574 Nov 14 •■'/ ■:' Preferred ft————,-—100 ft,000 'Amer Zinc Lead Si Smelt—...ftft-ftil.' 7 ft, 600 ; v-% • ■ $5 prior conv preferred-———25 Anaconda. Copper Mining—— J—-50 / 21,800 32% X29V4 41a 66% 4 24% t6% ■/.ft " ! 43% 8 Va •. *35 30 V2 66 55 3' 35 . ' Jan 21% May 21 Va Mar 14 par. Reiitiing-ft100, .".ftfti—-l.ft.100" Telep & Teleg Co Tobacco— American I 28 32% 45 Va 43%' 115 *22% . 15 Va >53 " 18% ■■■ 1474 22 8 "*174 Dec ' % 2 25% ,44 Vi * 30% *85" :■"■: 44 11 45 44'% *35 65% *53 % ' •: 11% 113% Feb 20 .; 106% 106% '"'■■"■'■'27b.;,■■':3 3% 65% *113% 2 360 1,600 111 ' : 32 44 Va' !■■■'" 5%; 30% 100 43% 50i% *7% ~~V* 8 16 Co.ft-.—No par -Common ■ class' B 5,600 ', 57 1 %: 106 "45 ft". *4% 56% *19 V: 6i ■,'6%' *50 Sumatra Amer « " 37« ' ' 3% -* lii, 32 5 300 , *106% Am •6,300 :; *10% 65% ■;: • Tobacco——No par American Sugar •4.000 3 V« Va 28 11 '■ >28 101% . Jan BVa Aug /'ft 3% Jan 17 3874 Oct : /'•'.4ft.. May 15 Co—ftft--.No par /. Preferred :7,500 1 '7 110% *10Va *7%' 4Va 5% 56 31 .:. -42%-, 43% Sep 9 %' Aug ft 174 19 ■ 52% : ■■'■'• 15% 30% 99 * *70 56% *28 9 Oct ,2 6 V-4 Jun preferred/-l-ftft——100 Stove '..American 1,000 3r,4 ■ 28 % *1 Va 3 Va ; *83% 75 56% 28 7V2 Nov' 24 IV# 65 ft - preferred—ft—-—-----100 /Amer Steel Foundries —No par c American.Stores-_1.-ftNo pay ; /ft;--.]-100 29aa *42 nio'.j : • 31% *35 7% \ . • 28 > ■ Dec 9 .35% Mar 6% Amer 52% / 25% ;.•••■ 28 108 3 30% ft- 5% 5% ,■■;■■ 5% ■*' *70% ■ 30% •99 *83% 5% ■ % :r:'< " : .2 4% Oct 26 -ft. ,.tPreferred, ft.ft—-ftftftw-.ft.fti..'-. 100/ 300 •■■'/ : 3% 37« .25% . 1% *106 50 7% 99 >83% *35 30% ■■'■ 95% ••.'••-474; Feb- •• 7 57# Oct ■ft. '234' Apr Safety Rar.or_-ft.ft-ftl8.50 American *55 53 . ■■•.; 15%: 15% 1% 43% , *4% :i 4% < 4% Jan -19% Aug ■ 78 "Jan 2 Jan 1% Jan 100; American, Snuff—ft—ft 3.800 1 *38/:: 44 28 Va. 111 ft : :"..3%\ 30% 7% 1 874 ; Feb' 2 .25 Co—ft—No par Smelting & Refg—.-No par Amer 520 700 : 117 3%, 3?;, : 25% 15% *10 V'a ■: 107 3 ; *43% 25 110 V2 1 Va *105 *35 50% Nov : 974 lVz Sep 4374 Oct :<a x36% Apr Ship Building. Amer 8,300 29% . ■ *35 4 3 ft '■ 41V4 17 v., : f." 57 52 4 10% *30% . 106 .3:-.. ■.• 42 31, '■ /■ 44 *28 V 111% *10 ■ 31% 106 • 428%': , 116 %:■.;. 3 V« 54; >38 28% 16 101% 106 . >■ 25% *28 32i% *31 .105% 25 Va ft 1% *1% 4Va %^ conv,, ,52,900 136% 136 Vi 29% ■ 3%.:, ' *52 ..44 15% 10*% 16 V4 Nov , 1 Ltdft—_—-.-iVo par American ^Seating . 41 ■ 136%; •;..:„7%% '■>,.7.1a 7% 58 .3% 3% *38 28 28%., *110% 44 ./•' .25'"..; 25% 6 27 2% May 26 32% Sep 24 $6 411J, 428; - 42 7„ 136% 3 Va *54 ■•(.■: 3% - ' *15% 27 99 % Oct ' '. 3% ft'/ ; 29% 116% *115% 55 Va *52 v 136 •7 29 3% ■ . 52 *38 4.4 *28% : ' ft 4 May 2274 Jan . 25 V2 Jun • .■ IcC-J- 1ft--..—No par 6%non-cum* preferred.—100 American. , •'5,200 18% ' *37: ' ft 474' Dec . Jan Jan Nov 1X17 9 74-Mar; 16 Vt Jan ' 50 11% *88 % 223« • , ' 41V4 ■ *50 Va 37'a X52 ■ 18% *11% 7. 19 123% 29 Va /' 3% 3% 55% 3% • 7Va . " •56% ; 28% 3% Jan U5>: 121': .1 Va Jan Amer Power & 240 i f 144% 90% ; *22% , ■:■,,■ •4,900 1 i ,11% ■ -11 Va -' : 187« *881« 22% . 33'% *143 % .: - I 145 Vi .33% •: 19 t: - 42% 136 7% *50 *22 :■ -5 : 37 Va *144 : 111, : 42 ' 23 V# Dec Dec 13 7 ' Jan 7974 July : Apr 4 Oct Jan 34 74 July ;■• ' 1151% 115% '■ 22 Vi ..42 Va 29% 3% 56% .41 Va . 7% 116% ' 18% 90 Va: 28% 29% '4 18% 90 Va , 43% 136 19% 129%;.. 130% 42 95% 135 9074 Dec 18% Jan, . '■ 1291% 129% 60 :34-',::v/,; 18% SQ74 *20% 3',,; ftAug,'"' Mar 16% 107- 2/ 6% OCt 1 4 3 % May 27 ,16'/4 Jun 9 10 %'■ preferred— American; News.Co.—No •1,600 f 800 f 27% 37 Va . 144% 111.,. .19% . , 3 . Mar 18 . i American ft, 100 0V 7, ll5a 27 3 7 V 'a *11% *8974 55 9% 27 '143% a 11V> 90% 5 Jari1 % Jan . 10 " ■; 54% : 145 %:■■■ 18% 19% 158 ; Xllr'u 9% 12 X37V4 11% :. 43'' "v : 144 V 18% 43 % *3% : 18% ', Apr : 1- 90 7 Vi Mar 11 . 6 57a 97a 34 11% 42%. 3% *143Va : *152 *143% 34 11% / 128% *53 1441a 19% 20% Jan 3% May 25, ' / /; ;:,*26'Va'■ ■ 143% 18% 43 74 *115 *33 Va 11% 41% ■ 143% 34V4 "■ 15% • 37% '■38ft • 144 ft- 34% 11% *20% , 23 v.-/.-.' Leather/.:-,.:——1 .6 <7,400 - 2634 .11% 22 ■> 2 : 33' May 20 69 Light No par preferred—No, par : 11,000 ':/'; $5 preferred—.'—No par, Am Rad «fe Stand San'y—No par 21,000 I" Preferred ft.*—1-;——100 .."■'■'ft'' „-/'■; /American .Rolling -'MUlft—ft—25.; *5.000 17 15 55 ,' *9 *11% ' *11% *89 7% 37%'. n 11% 19% 29% 26% 37% . • / 18% 90 Va 136 % ■_' :■'■ 9% : 11% *19% 128% 28 143% . 143 '*88% *20% -9 Vi 11% 10% 11% , Jan No par —No par : Hawaiian SS Co Amer. MetaisCo -5.000' ::■' /a 6 54% 54% '".55 ■ 1. 9% 18% 10%.; *11% '■ : 92 . ft: >' ,420: t ' - *11% 19 *10% ■ Dec 6% - conv preferred—————50 / 2,100 ■'■•.■. ft 50 117". >"■'■•16 % 15% : 10 -9% 11% *27 35 143 . ■ 147 ■•. 55 • Jari 130%. Oct) 15774 • / Amer Internat Corp.—.—No. par American In.vest Co of Ill;:ftftl ft ■•"■50". : 5%'. conv preferred-——ft-——50 •3,000 VAmerican'v Locomotive.... JV.o par 600; Preferred —.1-..—100 lAmer Mach Fdy. Co.—IVo par II,300 600 Amer -Mach.&'Metals^._—...No par ; 6 , 25%' /25%"; ■ 158 '"*152 97,,, 10% 156 -9 74 .377# 1431/a . 35 '*142 28% 37% 148% 35 *152 .: *11 Va 'ft', 3.5% 17 16% :• 10 -ft .54% 9% . 156 "9% . 11%: Xl22% 3 105 par American Home Products—. i. 400 '1,500 I 100 " 77« III1 , 17%; 16% 6Va *152 V 54% 9% ..lift ,17, Dec Juri 39 Oct 176; .55'/a May 21 par -American Hide ft,300 84 Va , 1 , rtf. 19 ■ 6Va 156 26% Dec No par ;1 No Power preferred A__ American < • I U7« 117 117% • .1 r 19 /■ 1 i-.rlSWJ .20.. . 117 117%. - 7%' 11% ■/'/' 81, 6,.: ."'■■■" -:■;■■ 20, it) 19 Va .16% 674 ■ft 10 11% - 11% 17 *150 10%. 547# 9 16% 152 *148% v.-' For'a preferred—ft_: $6 \ 52,700 39 Va *82 ft ■. :: 17S«4Va 5 .' 39% X,,,, . -12 %' ■;i2 20 25% ■ 19 . 15 55 74 14'/4 July preferred. $7 2d ■/ 35 Vi, ■-'!*4%, 5 83 82 :. 12 : . 4% • 39% /.■•,. ,'.7%'- 83 . 12 .6■ 25% ;. ■; 10 Jan 13 No par European. Secs..y_ Lines, Inc $7 - I,500 '■ '■ / 900 ft,200 51 17a *343'a 4 Va i;: :■ *38% 7% 7% . , , 19% 11.77% •>117 / 25% '74' % 19% ;»5% '• 'ft 19% 19 %' 117%. 117V2: ■ "25%, . ,5%. '. 19% . % •• Amer 36 .51.; 51:% *1% " ■' 34% -2 ■ *19% 33 8V* ■ 10 _100- -American. Export ' 2;,h *36% .4% • 40 , Dec Auii 47Va . 10 pfcferredftifti-'i/i-ilOO ■ •Amer; & ft,000 | 900 ■ 34 21a 21a 36 V;: 34% ■' / .4%' 11% Dec 3'% Nov Amer./Distilling, ;CoLft- i^->-ft-+.20;' Ariierican; Encaustic" Tiiing-ft.jft.l . 100 1 41# *33 ft 33 • 7% - 11% Dec 3>/a . ■' vi 2 *81% . . ,3.4% ;*4% 81 11% -■ *38% 7% ft 81 : 11% .- 40 7% - 82 82 *11% . 1st >2,100 39% 4'% 4% • 32% 33 Va >2% *33 . 51 2 . 34% .474 .. ,474 •;5 : 5 % -■ •: ft; 41 *38% 36 51 51 . 2 x34% 24 ' : : 61/# Oct 13074 Feb Crystal ft,800 ;. ' 33% *33 36 51;. ■ 1% 35 Va 41% 20 share1 9% ■• .7374 Nov ' *35 . American | 600 : , " 274" V" 2% *33 36 Apr 13 20. conv 10 ft " 1% » 23 V4 6V'a 24 23% ■ a 4 Va . 33 *32% 33% 2% 4% . ' •. 100 4,200 98% • *15 Vi,; 15Vf./ . 1% ■ 24 : lV 1 Va .38 4% 33 32% 3374, 2ft 2 ft: Nov 5% : ■ 1 Va *4%. ■■4ft , 33 *33 ■ • i ..." 5% 14'% 14% 98 Va 1% :■ , ' • 26 f per ' Apr 20 IV'a Apr pdy___^--_No par prefbrred_____-i_ft_-100' American Chicre_a;-—.—--viftAfo* par Am Coal' Co; of Allegh Go N Ji.-__25 .American :Colortype Co.__-._-: ^10 • 900' 20 & Chain & Cable Inc_ Am 500 90 *-14 5% 14% - , 7 23. 49 Highest I per share. - 56Va Apr. 29 159 / Mar 12 ; 25'' ' 37% '*414 , •" share ' 6% 23 . % 1 Lowest 9V4 Oct Apr 28 120 —100 preferred; iVwft—- 5% *5 V, '••/.■: 5% 6 14'%;. ' . *15V4 .1%. :*5% 6% 23 1% . ■' v 700 ; Car American 107 *105 ' *97 15% " 2 23 tPreferred ,'■'. ' ■20 ;'/ *5% . I per share 38% Apr 14 3% Mar 11 • Range" for Pfevieos / gear 1941. ■' ■• " -i ■ lOO-ishare Lots Highest 57# Jan Radio Corp Cable American ,CanU-„ 2,200 17% , • 5,100 23 171a ■".. ■•:"; 1.07- '•'105 9 b Va *14' . *14 *1% 5%% Cony preferred—^ Amer 8,600 176' , 65 a 65V4V 17% ,17V'4, 107 *174 23J .' 65 ^ *22 1% I per For 6%: pre{erre{f____^_^_—^—1^—50 160 • 2'fa 72 ' 74 37ft' 1 ' / Americftn Bosch ,Corp__^_„,_>____l Aril Brake. Shoe &:Fdy_.ft_-_No. par ; ' 98 Va *15% ft 1% *5%. . 127 • 27« 71% - ; *1%. *22% *"94 14% *97 . 3,000 ' . 6 14% 98 Va , 15% . 2 *5% ;■ 14% ; *97 15% • '1% 6 14% 97 *15% ' *5% 14% 20 £1127 . '/ 174' . 23 ' *105 "92% *14. : '■ 64% 17% 91% 20 '■ 29 Vi 29 3 72 174 176 64% 107 *105 91% .*14 6 *51/2 *14% • X911% 100 ■ Basis of Lowest 'ft Amerlean^, Bank "Note„___:_'„_____10 - 380 ■' 4% .' • ■: 128 2;V:t 22% ' 92 a 41'; -/ft / „ -V. ' 64% . 5 71 Va ' 22% ' 92 1 22-'% *64 107 48 V 48% 28 7 it 3 V'a *1'74 176 22% 64% , 18 *105 18 % *18 *105 *174 : *127', 71 231% 64% *4% 28% 128 3ft 173 ' ■■ 29 70 % • 71 70J% 5 128 *127 3'% 3% , ■■ • 29 ' 71ft ■48ft' ■ '■ft, '/' Shares " share Range Since January 1 ft '.EXCHANGE ../.ft" On STOCK NEW YORK , the-Week , ' 4 Va 28% 28% *127 •48 Va / Sales for' .. 'Dec; 1 •". ■ 48 ft 1 •ft-■-.vstogkS', Thursday Wednesday Tuesday Monday •atmrday NOV. 28 Mondays December -7v 1942 15V4NOV 12 10% Dec 20% 54 50 Aug Oct 57 Sep 24 24 74 Jan 19 66% Jan 121 Jan 2 7 May 34% July 1974 Dec 51% Dec 89% Jan Dec 131% JAn 115 ■ THE COMMERCIAL & FINANCIAL CHRONICLE Number 4131 Volume 156 f I per than * 5% 6 % 13 *12% 13 *9% *27 % ' 15% 5% 12% 12% *9% 80 11 *9% 11 % 75 75 75 - 15 14% 14% 14% >35 36 35% 36' 36 36 *88 91 *88%' 91 *88 91 88 35% 35 % *35 35% *35 *16% 16% 16% 16% 16 % 16 % 21'/« 21% 21% 22 21% 22% 22 25V2 25'% 25%. 25% 25% 25% 25% *1% 2% 2% *1% 2% 28% 291/8 *28% 29% *28 19% *18 19% *18 *18 *2 -• ^ *55 35% 35 35 ' 2 29% *28 29 197/a *18 19% 9 vb 9 21 % 21 *331/4 35 34% 34% 34'% 33% 35 *33 34'/2 34% 34% 34% 34% 34% ilr ,*% *34 *% Ttf *1 1% *1 *9% ' > *29 13%. •V «■•;.' ,'.6% 61/2 109 >105 12% 6% 12% 6% .6% » - *105 108 y2 9 6% •108% 6% c 106% 2% 2% 1 % ■; ' '2% 2% . 2% 2% ;>'• •' * • 13% % : 6% 71% 70% 7% x6% 6% 6% 6'% 6% 13% 13% 13% *13% 13% 13% 71 71 % 70% ' 70% 69% - 'r 70% . 2,100 3,100 1 35 9 1 • 13 Bristol-Myers Co --v 5 Brooklyn & Queens Tr—No. par 200 3,900 . 1108 % *106 r 10 >2% 1 4,000 Budd 1.240 1 * 2% -2%. 70% -71 71: 70% • r. Sep 35 Jan 25% Oct 16 89 Dec 40% Jan 5 38 Apr 54 17% Jan 7 17 Deo 23% July 22% Oct 7 > 13% 20% 20% *25%. 18% - *26% ■ 20% 20% 20 26% *18 20% • 18% *17% 26 •18% 1 *13 13% . 13% 19 y*1 19®a'" •" t 26% ; { •18% 3,000 1% Jun 25 Bulova 56 ; ' *55 *51 - > 56 52 8% 3 56 ■ 55 55 *50 % 51% 52 8% 8% 2% 3 *42 22% *21% 5% *21% 23 5% 22 8% 3 *2% 22 22% 2% *43 /■' 22 • *2% •• •'■, 43 . 47 *21 7,000 . 1,100 ' ' 6% '5%- 5% / 20% *3% 20% 3% 3% 9% 9% 9% *78%. 80 80 *14 20% 80 - 14% *20% *20% *3% 57 9% *9% •79v2 79 79 14 20% 21 1,200 400 . 100 3%' 9% 9% ,• __——.—^-10 5% conv preferred 30 Butte Copper & Zinc—— 5 Byers Co (A M)— No par Participating preferred——100 Byron Jackson Co —-No par 1,200 20% *14 14% '.'•14%' ' ' 170 - 200 14% e *20%' ' California 500 20®4r *53 21 *20% 79 % 79 • *53 *53 57 / 57 V 57 *53 . ' % i n % % n nf 1 irf :. 31 % Nov ' 9 28 Dec 39% Jan 20% Sep 30 16% Deo 17% Dec 9% Nov 9 6% Deo 12% Jan 15% Jan 2 21% Nov 21 14% Deo 25% Jan 26. Jan 2 35% Nov 13 23 % Deo 41 30 Apr 21 38 Apr 45% Oct Deo 2% Aug Deo 6% Jan , 57 5% < % Jan 1 Apr 29 1% Jan 7 Apr r,«' % ' 3,300 t " 6% 6% ■ *15% 6% 15% . 6% 15 %'■ 6% 15% 15% 6% 6% 6% 6%'' 1,400 *15i% 6'/a 15% 6V2 6% *15lA 16 15% 15% 15 V a ' ■' 700 • ' 12% 13 13 35 *28 *28 6% 6% 6% *34 % *4% 4% 13% *28 13 31 6%: *34% 36 13 *28 35 6% 6% *34% 36 13 13 28% 6% 36 6% 4% 4% *36% 38% *36% 38% *36% 38 V2 *36% 38 Va 85% *84% 85'% 84% 84% 84y2 84% *25 26 *24% 25% 26 26 26 4% 26 *2% X - 75 37 f 37% 37% 37% 25% 26% 26 % 26% 94 94% 94% 93% 94 118% 118% *117% 94% 94% 94 % 119% v , 95 7% 7% 7% 69% 70 *1% 70: 70 %■ 16% . *16% 16 V2 1% 1% *97 98 *97 *2% *12% 3% *88% *88%. 94 *31% 32 *2% : 2% 31% 16% *16% 19 *18% *99% 17% 9% *7% 34% 34% 35 *94% 95% 2% 2% *7% ' , * / 7% *2% 11V 11% 6% 6% 6% 6% t. * 27 14 J/4 a *27/a *16% 19 *99% *7% 100 v 35% / • 94 *92% ' v' 7% ^ 2% "■/' 2% •' 2 Va : 11% 11% 6% *6% .67a' %'• 15 *34% 36% *34% 36- 50 *47 50 *47 94 ' ' 21 % 14% /14% % % 3/4 % % ; % '*% 3k % *11% 12 11% '-11% *13% 13% 13 Vi 13% 1% ■•1% 23 y4 23% 65 65 Va 64 .1% , *11 :. 3/4 : 12 *10% 96 *33 40 *33 40 *33 *35% *2% 37 ':.'*— 109 36% 109 *28% *100% 2% Apr 101 101 83 50 39 38% 38% 32 V* 32% 31% 31% *62'/a 96 *96 *33 97 - 110 *107% 101 -63% 65% 65 66% 1Q% 10% 17% 97 97 *33 36% *35% » 110 - ■> *33 36%^ i ' *35% 75 . *107% '2®<i 107 *104 17% *105% 17% 106 *14% , . • 110 V 2% 2% 2% 2% 2% *14% *14% ■ 100% 10014 81% 50 *48% 39 38% 39% 31% 31% 31% 32 32% 32% - 89 109 101 Va 83 90% 109 .) *100 % 38% 149 149 87 88 *81 81% 50 " *48% • " 38% -32 : , ' v ' ' 3 14% 15 For footnotes 9 15% Dee 34% Sep 2 51 Mar 64% Nov 1% Jan 14 Deo 1% Jan 32 % 7% Jan 1 7% NOV 4% Deo 2 16% Nov 10 9% Nov 147/a 25 13% Oct 26 10% Jun 17% Sep Apr 16 Aug 29 20% Deo 40 Jan 3% Jan 2 7% Nov 2 29% May 16 37 Va Feb 9 V s 29 33 . 2 . 16 32 Va .9 1% 5 Jan 28 28% Nov 2 32 "• Apr 20 77" Apr 14. 89 22 % July 2 2 V4 May 18 3% Nov 54% Apr 17 75% Dec Jan 16 126Va Oct 30 Apr Apr *2% 43 Mar Deo 50% July 29% July 120% Jan 22 Nov 20 8% Jan 3 95 116% Mar 65 Jan Deo Deo 115% Jan 1 Deo 4% Aug 4 Oct 67 Oct 23 23 Deo 3% Nov 10 .35 "32% Nov 12 2 5% Jan 22% Apr 37% Jan 6 Oct 29 14% Deo 22% 6 95 Va Deo 107% Oct 18 Jan 1 18% 9 % Oct 27 5% Deo 9 36% Jan • 27,% Apr 24 Feb 7 Z—40 1% Jun 2 Dec 44 V'a Jan 93 Deo 102% Feb 2 98 A 2% Jan 26 6% 3% Mar ! 9 3 IA Mar 16 7 V'a Nov 2 4 V8 Jam 23., 1% July Dec 1% Mar 13% Sep ,•} Sep 31% 4 8% Jun 21% Jan Oct 15 Jan 19 26 , Apr 34% July Dec 1% 100% Nov 14 Apr 27 89 Deo July Deo 6 5% Apr 22, , 17 AV* Feb 2 2 l3; Apr 28 .100 3% July 77 July 14% Jun 1% . Mar 30 Jan 93 Sep 22% Mar 108 Ve 29 95 15 % Sep Jun 3% Nov 12 2% Apr 14 23% Jan- 75 Deo 15 V'a x 2 2 18 29 Jun 9 Jan 3% Oct 110 2 ' , . 2% NOV 27 Deo 10% 3 71% Jan Mar 10 122% 5% Dec 23 V* Jan- 27 Jun Sep Jan Deo Feb 25 1L 125 18% Apr 27 , Jan 30 . 16 l%Jan 87% Feb 112 Jan 3% Jan Deo 3 66 1 % May 30 Va 3 6'/a Aug 12 60 92% May Apr 3 17 Apr Deo 22 18 Jan 95 Apr 29 77' 79 NOV 24 Apr 23 110 41 27% Dec 42 24 15 82 Apr 3% July Deo 8 . 39% Deo Deo 7 . Jan 5% Aug Deo Feb 37 117 3 4% Nov 1% Feb: 10 —No par 84: Ye 86 84% 84% St Oct July 11% Nov 8% Jan 3V'a. Deo Copper 1% Sep 24 Jan % Mar 23 11% Sep 25 A Deo A July »/a ,—-100 % Jan 2 11% Nov 9 8% May 9% 13% Feb 27 10% Feb 14% 2% Feb 0 47 .100 8% Jan, 11% :: 10! 2,400 Clev: St Pitts RR Co ; ' 1,100 . : ; Coca-Cola 63% 17% *60% 63Vi 60% 60% 107 17% 106 *104% 17% *105 14 2 % 2 3 *660 *3 17% 107 17% 110 14 Vb 2 17% *60 *60 63 63 ; , Class A 200 *650 *650 '105% 17 *105 14% 17% 107 17% 110 1414 3% 2 2 3% 31/4 V 17% *105% 17% *106 *13% 17 Va 17% ;—-No par *105 V4 107 17% 47% 110 14 V* , .18 40 14 500 420 2V4 *2% 2% 3% 3 >2 3% 3% 2% *2% 2% "2% 2% 2% 3 *2% 14% 14%. 14% 14%. 14% 15 14%, 14% 14% 14% 14% 1434 *i4ya 14% 14% 14% ; . 420 640 3 < 2.5U0 900 5% 4% 4% conv preferred Columb Br'd Sy« Inc Class B_ . . - — 2,50 : 72% Jan 10% Feb 34 Apr 14 40 Aug 3 Jun 6 2 Dec 39% Nov 4 29 Va Dec 40% Aug Mar 10 70% Oct 85 Jan 16 109% 115 Aug 47 May 32% Apr 72 17 112 % Nov . 470 Feb 25 J3 24 Oct / Nov 30 98 84% Mar 10 50 Jan 26 81 33% 105 84% 50 Jan Sep Oct Mar Nov 27 Feb 44% 36% Jan 3 39% Nov 7 28 142 Dec 148 Sep 78 Dec 106 Jan 60 Mar Feb 9 25 740 July 17% Nov 30 10% Dec 22 100% Feb 149 92 Nov 63% Jan 470 5%. Sep 22 Sep 21 8% Apr ; 48 Va May 19 % July 10 i Sep 28% Feb 105% Jan 8% Apr Feb 4% 5 Jan 25 7 96 * May 1 13% May 21 ®/8 Apr 16 ' Aug 46% Deo 44 11% Mar 13 1 104 Va May 101 2 28 24 139 Jan, 22 56 % Mar, 24 55% Jan 28 Dec 29% Nov ' 25% Apr +100 cl A, preferred. 2d preferred 27 Deo 9 Jun 25 77% May 14 No par 100 100 2.50 1st Deo 41' Oct 19 Mayll 95% May 15 -^-No>par 100 Colorado St Southern— 2 . 20 10 Deo 22 No par Colo Fuel & Iron Corp 14% 14% 3,100 110 13 Deo 10% May 14 Jan Jan 8 97% Apr *106 Aug 92 Collins & Alkman— 6,100 107 3 '3 107% Jun,15 gtd——50 50 Corp. Sep 8ep Dec 1 Aug 18 Colgate-Palmolive-Peet—.—No par $4.25 preferred ——No par 6,100 Jan July A Feb 99 28 -No par : Coca-Cola Intern , 17% , Dec 10% Aug 3 67 % Apr 1 17% 54 Apr A May 12 2% Mar stock..^ (The) 44% 49 32 100 Co Jan 37%, Apr 67% Nov 25 2 9 Molybdenum No par Cluett Peabody & Co———No. par Preferred 3 5 28 92" Cliipax . 2,500 " 1% > Jan % Sep May 28 43TSp Jan -—5 Special'gtd 4% .: , >52 Jun' 26 1% Jan- '20 ,—25 Co— ——No par preferred.——'. 4100 City Investing Co 100 City Stores 5 Clark Equipment No par C C C & St Louis Ry Co 5% pfd —100 Clev El:Ilium $4.50 pfd——No par Clev Graph Bronze Co (The)., 1 5 % preferred — MOO i 3 21 19% July Feb —10O — 33 6 V2 % . 17% Jan 39% Jan /Via* 9% Aug 11 Apr 28. .July 16 332 Jan 2 % Jan* 2 Pacific— preferred .preferred—— Chrysler Corp— City Ice & Fuel v 140 10 14% II Apr 5% Jun- 11% Jam ' 14 Vs 14% Jan 53% NOV % Jun 2% Dec Chile 30 38% *2 Va see 12 21% Nov Chickasha 12,700 ' 1,500 20 ; 300 ( 83 50 V . *149 *149 ' 89% *660 2% Apr 2 Chicago 200 *100%' 101% *71% *1% Jan July 2 ' 36% 28% *48% 17% 7% Jan 100 76% Feb 14 ; Yellow Cab.—— No par' yao Cotton Oil—— -No'par Childs Co L—— s 800 28% 39 *14 4% 11% 9 8% Nov 7 % 100 2% 29 Ve 50 105 Va 14% 13 8 6 % 75 83 *105% • 5 Chic Rock Isl 40 *28% *149 . ! 99 2%* 2% ; 2,200 £ lOV'a ' *96 ' 40 ' 2% 38% 17% Aug Deo Deo 16% Jan ■ 17% 6 15% July 23 Deo 0 14 ?Jan 1 2% 3% Jan 95 Sep 6% July 4% Deo 18 10 % Nov • 25" Deo 50% Apr, v 300 ' *48% *60% 66 ' 29% *28®/s 100 12 ; 13 Va v. -10 Va *81% *660 *560 /6 16 1,700 l'/o " 50 X 90'/a • Sep 15 Apr 100 i '■ 23 y4 " 82% ri a 110 75 . 29% 1,100 , % :. - 23% *48% 92 f 11% 13% ■f 13% *81% — •• .< 1% -- 40 . hi : *% J" - 75 *28% *149 July 4% 6% Feb Jan-10 10 ~9% Deo 21% July 21 71% July 24 V Deo 1% % Apr ' 24 % 10% 36% *108% 38% 9G% *%" .'• j 8 1 65%.' 10% 36% 29% *48% __ 17 6 5% 8 '5 26 4 14 6% Mar Nov . 24 % Oct 2 Jan 434 Sep /10O A. 8ep 20% July 86% Nov par .Chicago Pneumat Tool—.— No paf $3 conv preferred—.—— No par Pr pf .($2.50) cum div__ -No: par 100 . *231/4 !1%- 64% 2% 109% „ 44 * Co—'—50 5 preferred——-— --50 Chicago Mail Order Co —3 1,000 1,700 5.0 12.'--,.: *11% >*'13%, 24 10% 2% u ,*81% *149 13% 64% , *35% 36% 75 101 25 19% Feb Chicago Great West RR 1 36 . •' *2% 109% 101 Sep , 2% Jun Class 1 4,900 / ; 15 ' . *47 * 3 ,*28% 29% 12 VV • & 75 15- *34% % X O *11 40 • •? % % : *13% 131% 64% 10% 97 - A % *1% 64% •" % *23% *96 ' k- 1% Xl0%" '"."50 '• ' 24% 10 V4 ■ *47 •" • #*.■ '36 *34% . V2 *iy4 97 3 ' » , ' *2'/a v. % , *23% Va ,15% --15 14% V% ' •. % • *96 10%. 3% Feb 82 series A— 35% Deo May 15% 49 • 13 9% Oct 2 /. 18. & Fib Co. Preferred : 6,700 « 800 34% Jan 9 53% Nov 2 27 Chic St East 111 RR 10,100 . 7 Co..—No par 400 V : 2%,: 11% f 63/4 i 6% " '■ 13% 1V4 23 ' ' % ' 23 \\ ; -14% ■ % 3, 12' 40 preferred — Checker Cab Mfg.— ;- '8 V*. 7% V 11% : , 1 10,500 2% a / >2% 8 6% 6% 50 * 3 56% NOV 6% Jan 6% 9%' 34% 1 "' 11*%,:' -11'% 11% ; " V 8% July Deo .... 36% f. 19% Jan 2% Jan No par ——100 .—5 Chesapeake & Ohio Ry— 25 Cham Pap 70 Deo 23%. Deo ■26% Nov —100. Chain Belt Co.— 200: , . *7% ' ; 8% '.2 ' -. *92' ; 2® a 7% v 8% ( 2% - 94 '■ / -■2% 21% loo '33% X33 7« ; 341» /" 2% 17% ; 18% 18 Va 8% 1 51 Co—1— 6% prior preferred——; July 18% 26 22 1 Copper———No par' Products —_1 Certaln-teed 1,200;: Oct Apr. 17 Nov 24 —1 Preferred Jan 5% Jan 76 Feb 15% Mar 30 25 May 27 53 Cerro de Pasco 500 30% -99' "9% *7%T 91/2 047: , 2 Century Ribbon Mills——No* par 2,700 *' 2%; • *16%' * • 95 34% , 2% . l' ■ >' 31 : 30% 16% V V 18% / 16% 100 100;-' : 31%' ■ *18% v *14% 48 7% Oct 8 118 Jun 2% Deo 61 19% May • 3! 18 *18% •V 8 . •3 ; - 31 — 109 3 30 ' 14% May 4%% Lt Central Violeta Sugar 1,100 " "3% : 94 ' • *88'/4 30% ' 13 V4 *3 94 *2 7 a 3 31% *34% 15 36% 48 : 30 Vo . u 3% Jan 71 % Nov 24 " preferred—100 tCent RR of New Jersey -.100 111 Central 100 Co Foundry Central 1,100 1. *34% ■> *88% 1% 3'/ 13 * •3% ■ 30% 31 2% 7% 2% <v. v ' 94'" 94 2% *3 1,200 98 *2% . 150 '. 12% Jan 112% Jan 2 % Apr 5% Sep J—100 — Deo 9 16% — 5 Corp—————1 -100 Co_— 7% 8% Jan 11% Sep Co * 12% 12% : 30% 9% 94 2% 11.1, *88% 35 10% 11 6% .. 34% 96 . 7% "2 2 10% ; 2% 7% 7% 2 *.94 *7% ; 13 Va' ■ *97% 3% , 2,900 7% >16% i% 1% 470' - ./' 71% 71 *16% 98 *'2% ' 7% : 72 *971/4 3 T r ■ 16%, 1% 1% 12% 19 100 7% 16% 95 95 3' *71 • . 98 *2% * 17% *18% 9 347« ,1% 2% *99J/2 ' 72" *97% • 32 *16% ■ 19 100 100 95 • 630: V 119119 119 94% 16 Va v. 16% 31% 2% 118% , *' 71/2' *70 94 31 32% 100 .' 7% ' 12% *88'/4 2% 18 % 16% * 390 (J I) Sep 23% Mar * Caterpillar Tractor' No par Celarfese Corp of Amer—_—No> par 5% series prior preferred——IOO ' 1% prior preferred —100 1% 2d preferred.—:—100 1 Celotex Corp_ LU No par ■;*. 5% preferred_i4—: —i.100 Central Aguirre Assoc —No par 5,800 3% 31% 3 30% 30% • 93 %» , Steel Preferred t 4,000 27 % 92% "1% 12% 31% ' 26% 93% 16% *3 ' 94 31 % 38 27% 93% 7%' "71 1 34 37 Va 26% 931/2 94% 98 13% "1 37 26% 118% 1% 2% 37% 94% *25/h — 26% 118% *97% • • 37% Case 1,700 ' 36% 94% 16% 98 •' *12% 13% *3% ■" « 1% '' 2% 3% ■ 70 16% 74 130 *92% 118% 7% 7% , ' " *73 Carpenter Carriers & General 1,200 r Sep 37 4 47% Jun 10 Capital Admin ;dass A_-——1 $3 preferred A—— —10 i Carolina Clinch 61 Ohio Ry 10O 300 3 % ! *126 ■ : 240 241'2 3% 75 *126 1 14% Deo 17 i Canadian Pacific Ry— --25 Cannon Mllls_^*_———No. par ■ 200 700 84%.. • *23% ; 31/4 , 13,100 c < 38% ( 84 k 130 74 130 26 *94% 241/2 3V% 73 94 *118% X24% 3%, *126 25% - 85 i : Deo Jan 11% 9T'a Apr. 103% Mar 12 Canada'Dry Ginger Ale——-—5 Canada Southern Ry Co_ ,—100 2,900 4%>" *36% 38% ' *84Va 73 37% -37 % . 3% 6% 35 4%' *36% . 130 *125% 130 *125% 130 73 72 72 72 72 '125% 3% 3% 3 Vis 3 3% 6% 4% t 3014 ' , 35 34%' 34 4% *84% . *28 6% 6% - 35 *34% ■*4% 13 127u 13% 30% " ' 4% 43/8 13 *28 . 4 7 30 50 —No Packing preferred--——* 2 16 23 14% Oct 6 % Dec rr 1 8 Jan Jan 35 1 , % 13' 10% Nov 23 28% July Callahan Zinc-Lead i—1 Calumet' & Hecla Cons Cop-——5 .' Campbell W & C Fdy_———No par ■ • % - 3 Jan 43 A Apr, 18 . ' - f% % • s/k Sep Sep 3% July Feb 29 ' 57 *53 21 Apr % Jun Butler Bros ' ' •79%" 14 20% *3% 9% 9% "5%i • *20 •3% 13% 20 % -5% 20% 3% 80 x *13% 21 *53 20% 20 % *3% 9% 9% 80 *13% 15 20% 3% *3% 9% 5% '•'■ 5 % 20 % *20 20 Ye 3% 20i% 5% : 16 9 19 May 22 • '5% 5%. 21% Mar 10 7% preferred Bush Term 10 f " 5% —-—_——t10O Bldg 7% preferred—100 Jan 18% Dec 25 Burlington Mills Corp_——/„ 1 Conv pref $2.75 ser__^4,>__No par Conv pfd $2.50 seriesBurroughs Add Mach -No par Bush Terminal—„———-1 30. « 23 ' ; 500 7. 9 8% • 100 f 52% 52 8% ,>v 43 45 *21% - 1 - 52% *51 2% 2% *43 45 *42 •: 8% 8% 2% 2% 2% 45 " , *54'% j 55% 52 8% 8% 43 *22 *55. 51 " 51 8% 43 56" *55 Watch__—i—2—a—-No par Jan xl5 par Co—.——-—r-<-l —' No" par Forge Bullard Co ' 800 .' 2,600/ 18% *54% Buffalo 400 , .—No Wheel Budd 4,800 y 19 % 26 % 26%/*28V'4--. 17% " 18 % ■ 18% 6% f 6% ■13%' xl9 20% 26% ' 18% 6%/'. *6% " 13% 20% 26%. 26 Vb 26% ' *17% 6% r Ocfc 3% Oct 27% 2 19% Jan ' 7 111% ' 100 preferred——— 7% Mar 24% 18% Mar 31 —4—No par Mfg (E G) Oct 90 Apr 95% Feb —No par Co Bruns-Balke-Cbllender—»—No, par Bucyrus-Erie Co„——, ——^5 7% preferred: 100 1,400; ( . Brown Shoe 17 Deo 12% 38% Oct Bklyn-Manh Transit——No par Brooklyn Union Gas_2—i—No par \ Deo 70 2 -—No par Briggs & 1,100 ■ ( 6 % ( 6% - i 30 *12% ■ 108% -• 9 Stratton—! 300 300 34% '■* 29 % ''' 6% 2% 2% 100 A r *i'.-/i%i ' 2%. •9% 34% 9Va *106 %. 106 • 29% 13 • 300 - 21%': *33 9 13 200 /"">% 29% 29% 13 . *1 9 % •4 29% • " 10 Dec 13% May 20 —No par .I,-*.-— Jan 18% Jan Jan May 29 30% Apr 38 Inc_,__— Stores Sep 3 0% Dec 12 Apr 30 July 15 May 23% Deo 75 8 58 ^-,-1 Borden Co (The) «•___—i———15 Borg-Warner Corp—1 —^.5 jBoston & Maine RR-. <.100 Bower Roller Bearing Go ^ Brewing Corp. of America ^-15 Bridgeport Brass Co ~-No par Briggs Manufacturing par 4,900 • . Class B 6,500 , -■ a 72 Bond \ 1,200 ( . 18 9% .35% . 29 - 21 ' 1 % : r 18 % ■ * ■■ * 2% *28 *34%. '•' J6 . 25% 25 Dec 5 ~ —2-N0 par class A Ami Co 31% Aug 13 14 21% Jan Bon Deo 15% 7% Jail 14% Jan 3 I per thare 21 9 19% Jan 28 13% May 20 300 "> ' Sep 21 Highest I per thare 27 % Nov 11% Jun Boeing 30 35% ? *2 '21%% *33% 34% . *1 .9% 29% 12% 6;% *105". r 1 VB 9% *29% Xl2,% . n. 1% 9/8 29% 29% 13 .f . 9:%% • 21 . • *% ■ %• 9% 9% * *29 9% 22% 19% 9V* 21 y* 7 22 " 29' - *18" 9% 21 ! 2 ■ 29 16:% 25% 25% 2 2 9% v 16% . 2 Airplane Co— 2—5 Bohn Aluminum & Brass^^i——5 70 88 5 Year 1941 Lowest . $ per shate 14% Apr/ 29 par Range for Prevleu Lot* Laughlin Inc : -*>5 Bloomingdale Brothers No. par Blumenthal & Co preferred—„100 6,800 1.700 •'j 34, % £ 22% x21% « 25% 16% ' , 88 35 % . 35% • 65 15% , No Coj___—: 100~Share Highest 18% Apr Bliss & 500 34% •. 91 16% 22 % ■ 25% 21% . » 34% : 35 » 16% *16% 9% 1/ 10 *9 *55. ,15 15%"- ' 20% 1*1 ; 65 *88 88 9% ,' 13% 34% 34% 21% 9% 21 13 'a Blaw-Knox 4,300 of I per share Bigelow-Sanf Carp Inc__ No. par Black & Decker Mff Co_^_—No par 400 , 15% 15% 14% '5% 13 *9 Par 500 , 16% ( 5% 10 11 X34 14% *15% ; i Basis Lowest , Sharet - 27% Range Since January 1 On STOCK YORK EXCHANGE the Week 6 13 75 *9 % ■ 15% 5% 13 *72 14% ■ 27% 15% . 5% *12% 27% NEW Sales for , I per share thare per - Dec. 4 ■ *27% 27% 15%' 6 *7014 12 *70 % I I per 15% x5% . Dec. 8 , 27% 15% 16'/a 6 12 ■ *27 27% *15% 16% 5®/a Dec. 2 I per tnare share per 27 27 ' 27 "15 = 4 Dec. 1 Friday Thnrsday Wednesday Tuesday Nov. 30 Nov. 28 STOCKS PRICES HIGH SALE LOW AND Monday Saturday '2007 i3 18% Oct' 740 / 16 % 106 30% Sep Nov July Sep Nov Jan Mar 9 26 105 % Dec 114 12 V4 De« 20 4% Sep 22 % Deo 1% Jan Deo 3% Aug Dee 2% 106 Nov 18 Va Jan ; Dec 11 63% Deo 5 1 % 17,. 15% Nov 6 24 6 11 page 2015. I Sep Dee 11 15% Nov Jan - 21% Jan Dec 21 Jan THE COMMERCIAL & FINANCIAL CHRONICLE 2008 NEW YORK STOCK 1 per tnart 2' 1% 2>/« l3/4 2 40 , 391/2 39% 36 373A 75 75 lVa l3/4 39% 39% 38 37 38 36 % 36% 75% 75 ¥2 75 V2 75% 751/2 '• 75'/a . 9Va 93/4 91/2 *29 *105% 110 321/4 *106% 91/4 93/8 1/4 21 20% 17% x *106 ¥2 93/e 28% 107 ¥a *105% 33% 109 ¥B *106% 9% ,93/8 871/2 901/a 5% 900 2,900 323/4 *105 ¥2 333/8 *107 110 93% , 9 $4.25 9 ¥4 % % 33 ¥2 323/4 331/a 323/4 33 ¥a ,4,200 21% 207/a 21 ¥4 21 213/s. 21 21 ¥4 12,500 • 3 *2% 3 ¥4 16% 16 ¥B 16% 16% 17% 17% 17% 17% 17 VB 17% 17 % 11% *11% 11% 11% 11 ¥2 11% *86 87% *90 *83 92 . 87% *90 87% 91 91 87% • preferred—; No Highest I per share Deo 47/a $6 preferred Series 43% Dec 82 ¥» 7 42 ¥b Nov 72 Apr Nov 17 64 Deo 83 July 19 Jan 78 2 77/b 4 ¥4 May Commonwealth Edison 8 35 Oct 27 21 ¥4 Apr 28 ¥a Aug 2 29 ¥4 Dec 2 16 ¥t Dec 31 Mar 29 105 ¥2 Nov 19 96 Dec 2 33% Dec 2 Nov 6 106 - 19% 100 1043/i Oct 377/. Jan Dec 110 Dec 11% July 10 ¥4 Oct 8 li Jan ; 8 ¥a Deo 44 ¥2 Jan 6 39 ¥a Deo 85% July 17 % Apr 233/4 Jan 6 20 Deo 30% 2 ¥4 Nov az Jun 7% Jan 26 7 ¥4 May 12 173/a 173/4 5,7.00 1% Jun 3 33/a Jan No par Congoleum-Nairn Inc.. 12 ¥2 Apr 22 17 ¥4 Nov Consol 123/a • Aircraft Corp. Consolidated Cigars 2,400 *83 89 30 7% 91 91 20 GVa% 29 No par 100 3,300 '15 1 - Deo : . II I 7 4 Jan Jan Jan 13 ¥4 Deo 18% Aug 21 ¥2 Mar 25 May 20 10 18 ¥4 Deo 23 ¥4 123/a Dec 4 Feb 24 77 Deo 97% Feb 3 90 May No par 9% Aug 15 100 74 ¥4 Aug 19 89 100 83 7% Jan 14 preferred Oct Jan 21 ¥« July 31 par 25 Co Conde Nast Pub Inc 3¥s 16% Jan 91 ¥b Apr No par. - Jan -6 11 ¥4 Oct 1 100 ¥4 Mar 17 No par : 1 20 ¥4 Jan ..u.100 No par pf ser '35. I per share 16 ¥8 Jan 24 Commonwealth & Southern—No par 42,100 12 12 871% 5¥aJan share 45 ¥2 Jan 54 Mar 16 —10 16 ¥2 16% Sep 51 par Lowest 2¥a Nov 14 4 14 29 Year 1941 Lots ' *3 3 3 16% Sep 30 ¥2 Sep No par Commercial Solvents 6,700 ¥4 33 ¥4 No S per share par No preferred conv 100-Share Highest -100 Co Credit 4 ¥4 %■ conv 1 100 Pictures conv I per No par Comm'l Invest Trust 109 ¥a 32 *2% 3 - • 33 V4 Carbon Commercial 12,800 20% 21% $2.75 106% 323A Columbia 8,900 Basis of Lowest preferred series A preferred Columbian 600 283/4 33"% 16% 87% 6% 270 28% *32 107 X9% 1,100 10% 10 ¥4 32 24,400 75 ¥2 75 , On Columbia Gas & Elec 38% Range for Previous Range Since January 1 STOCK Par 36% *35% 10% 28% 161/8 11% II1/4 *85 *90 109 Vs 10% 32 ¥4 173/a 16% 17% 33 ¥4 33%, *23A 3 9 V4 33 38 33 VB *105 ¥2 107 ¥2 38 1% 33 32 323/4 16% 111/4 *105 ¥2 108 1091/8 33 *2% 29 32% 33 20% 10% 32 29 32% 9'/2 32 10 ¥2 32 29 *106% *1061/2 410 9% 10% 32 28% 31% 32% 32% 10 vb 32 28% 28% 28% *105'/a 10 31% *30 32 <28 V4 *74% l3/4 YORK EXCHANGE Sharet I per thart 1% 39 3/a 37 751/2 1% 1% NEW for the Week Dec. 4 $ per thart 37 *38 38 39'/a *35y2 Dec. 3 $ per thart galea Friday Thursday Dec. 2 Dec. 1 I per thart I per thart STOCKS Wednesday Tuesday Nov. 30 Nov. 28 RECORD HIGH SALE PRICES LOW AND Monday Saturday Monday, December 7, 1942 9 ¥4 !57/« Deo 973/4 Deo Jan Jan " 4 ¥2 91 *90 5/8 43/4 151/4 15% 15/4 15 15 ¥4 15 15% .14 % 15% 18,800 893/4 89% 89% 89 89 ¥2 89% 8934 89 ¥2 89 ¥2 1,200 1% *¥2 l'f 500 4% 4% 4% 4% *% *¥2 5% 4% 8ft A *7% 7% 7% 7 ¥2 7% *7% 2% % % 2% 2% 2% *2 ¥2 2 3/4 2% 6% 6% 6% 6% 5 5 1/2 *71/2 % 8 *2'/a 3 .6% 6% *4% » 5 63/4 6% *4% 5 *4% ilr ■ • 5 '• 6 3/4 *434 8 *7% 2% 6% 5 23/4 63/4 6% *43/4 of Consol Consolidated Oil 400 Consolidation Coal Co of RR Cuba 6% 16 % Nov Apr l¥2Jan 14 9 Jan 8 3 3 Oct 26 4% May 13 7% Nov 9 334 July 30 8% Jan 103 Jan 47/» Deo 113/4 Deo 23% Jan Deo 107% Jan Deo 1 ¥4 July July 17 2 7 .100 pfd 4 Jan 9 3% Jun Corp—No par Consol 16% Nov 94 Apr —.—1 $2 partic preferred i—_No par Laundries Corp.L—— 5 200 11 25 78 Consol 14,000 5 Sep 11% Apr par No par Industries—i Film Apr 20 4 —.5 .'—No Y N $5 preferred. 1,200 - Edison Consol 400 7% , 23/4 prior preferred Consol Coppermines Corp 5,100 15% 893/4 4% . 4% 4 151/4 90 »/4 41/2 15Ve 90 ■ *90 X82 ¥4 8% July 7 Deo 1¥4 Deo 5 Deo 6% May Feb 9% 13 3/4 11 3¥b Jan Nov ' .*7% 8 8 *7% 38% *87% 88% 88% 15 15 15% 15 3% *971/2 98 *97% 26 253/4 7 4 % 88 ¥4 88 ¥2 *88% 89 15 15 15 ¥4 15 ¥4 15% 15% '25 98 ;V ; 6% 6% t 40% 40% ? 4% 4% 4% 4 200 89 893/8 110 15% 15% 4 98 9734 973/4 97 ¥2 25% 253/4 25 ¥a 25% 6% 41 ¥4 . 4¥B 63% 6% 6% ¥4 41% 413/4 4% x3% 41 4 ¥2 Container 113/4 July Continental Bak Co 29 ¥ 300 . 8% Corp of America preferred 25 —No par Can 20 Inc. 1.100 4 Diamond Fibre.: Continental Insurance..... 10,400 ' Continental 2,400 > Continental Motors 2 ¥4 Apr 77 100 ; Continental , 303/4 Apr 1 23/4 May ¥4 July ,July 14 Deo 93 Dec 106% Jan 24 11 Deo 10 % July 4 Deo 5¥4 Aug 79 Jan 109 3/4 Nov 217/b Deo 40¥a Jan 28 29 7 July 9 2% 2 ¥4 Feb 83/4 Jan 15 6% Feb 10 Jan 7 35 ¥4 Feb 45% Sep 4% Nov 5% Sep 22 $2.50 7 6 15 103% Jan 28 Apr 28 21% Apr 5 21 Nov 4% Nov 6 preferred conv Nov 163/4 Oct 2 7,300 41% 3¥8 4 May 5% 30 9 39 96 ¥4 Jan 7 Jan 82 • 6% 41% *6 4% Jan 22 1,400 97% 25% 25 VB 4 4 25 .100 tConsumers Pow $4.50 pfd—No par 5,200 4 *97¥2 ' . 25% 37 3% 4% 7 40% 4% 89 41 7 7 41 *34 *97% 26 41 38 4 - 7% 73/4 *35 , 98 25% 81/8 36 ¥2 36% 4 *73/4 36 ¥2 38 3% 3% " 8 8 8 36%: *88 88% ' *36 8 *36 5 2% Deo 4 ¥• Jan 27 ¥a Nov 42 28 8 Sep ' 25% *20'/a 54% *174 26 21 21 93/8 *9% 9% 45% 26 21 21 91/2 34% 25% 26 '/a 34% 34¥4 34 ¥4 34% 34 543/4 55 54% 55 *174 ¥4 176 *174 176 8% 34% 54% 55 54% 54% 176 175% 175 3% *3 *% % » 13% 12 ¥2 12% 123/4 95 95 94 ¥2 95 16% 16% 16% 16% 94% 16% 8% ir 8 1 , 8 8 ¥4 300 34 3/8 *3% *8% 16 34% ,175% 13% X94 34% 40 20% 201/4 20% 193/4 20 35% 35% 35% 36% 111/8 11 11 10% 10% 80% -80% 80 80 *78% 81 *78% 331/2 33% 32% 323% 32% 33 32% *72% 733/4 733/4 73¥4 11 . *73'/a *10% 7% *103 76 103% 10% 7% IOVb 103/8 10% 7% 7% 105 *89% *72 *103 95 *88 7% 105 Inc... Coty 1234 12% 13,100 95% 953/8 953/8 430 1,900 16% 16 5/8 *163/8 16% x73/4 73/4 7¥a 7% 95 ; *88 19% 19 ¥a 3634, >11 363/a *36 ¥4 37 Hi/0 10% 11 80 793/4 793/4 793/4 80 140 34 ¥2 > 34% 343/4 34 34% 733/4 74% 74% 101/8 10% 10% 10% 18% *17% 18% *17% 18% *98% 99% 973/8 99% 99% 99% 10% *7% *103 95 10 ¥4 10V4 18% *98 ¥2 99 ¥2 IO1/2 7% 19% *72 ¥2 10% , . ¥ 10 ioy4 260 7 ¥2 7 ¥2 2,300 :'103 105 95 *89 10 3/8 10 ¥b 10% *17 s/8 19 *98 ¥2 99% 1% 1% 1% 11,400 1% 1% 1% 1% 1% 30% 31% 31% 31% 31% 31% 31 31 ¥4 31 31 31 19 18% 19 18% 183/4 18 ¥2 18% x!8% 18% 17% 18 6 ¥2 63/4 6 34 6% 63/4 6% 24,700 203/4 20% 20% 20% 20 ¥s 20% 3,600 6% 6% 211/8 21% *91% 6% 6 ¥2 21V8 203/4 6% , 100 • 21 *91% *76 80 *76 *16 17 16 100 *91% 6% ' 20% ■■/ 100 80 *76 80 16% *15% 16 ¥4 33/4 *3% *91 y2 334 *76 16 100 1 % 31 *91% .. 80 *76 ¥4 16 V* *3% 33i . 100 *91 ¥2 80 15% *76 10 2% Dec ■K Dec % 11 Dec 197/« 88 Dec 1 10% Dec 23 43/, Jan 20 Jun 15 98% Nov 10 12 ¥2 Jan 2 16% Dec 1 9 ¥2 Oct 9 '20% Nov 28 5% May Mar 182%" Jan 4% 107 Jan Jan Jan Jan ,19 • Jan 9 July 15 Dec 41 38% Dec Apr 27 12¥b Sep 25 10 Deo 153/, par 77 May 19 88 ¥a Jan 15 80 Deo 94 Oct 2334 May 20 39% NOV 4 28 Deo 47¥4 Jan Nov 7 73% Deo 98% Jan 13 ¥4 Nov No No par preferred preferred— Jun 25 8% Jun 26 ..100 Press 13% Jan 14 9 Jan 27 Jun 3 Nov 20 5 Jun 29 88 Jun 13 74 ¥2 Jan 2 88 preferred 100 Inc (The) Jan Jan Feb 8% 72i Feb 127% Sep Sep 41% Feb 77 Deo 8 Dec 13 ¥» Jan 14 13 Mar 14 19% Sep 12 12% Deo 25 Jan 90,' Feb 18 99 ¥a Nov 17 98 Deo 99 Deo hi Jan 2 Oct 14 8 3/4 May No par No Deo 1% Jan 12 133/4 Deo 15 18 Deo 343/4 5% May 20 9¥*Jan 6 Dec 10 ¥4 Sep 24 25% Jan 12 24 Deo 29% Jan Jan 19 95 Oct 23 80 Deo 90 Aug Jan 17 81 Nov 9 42% Feb 473/i Mar 12% Jun 22 18 Oct 21 14 ¥4 Doo 20 18 Jun 100 80 No par 44 —No % Jan 20% Oct ...1 pfd 2 16% 32 ¥2 Nov 12 ... . 29 13 ¥2 May 19 Jun 30 par No par 1 preferred Curtiss-Wright $8 prefer] ed Jan 45% 100 ; Cutler-Hammer Inc.. 1% May 3¥a 27% > —5 —30 —... A 8 140 100 Sugar preferred Jan 84 —100 conv Class 63 100 Prior 2,200 2 10 Mar 27 Cushman's Sons Inc 7% 16 Oct % Nov 21 170 Sep Jan Deo 3 ¥2 Nov 179 - 14% Oct 85 X54 May Preferred 80 16 Apr 14 ¥4 Curtis Pub Co 100 42 ¥4 - 10 4 ¥2% 2,300 1% 9 55% Jan 32 conv Cuneo 930 17% IV2 82% —5 ' 1% Dec No par Cudahy Packing Co.. 30 100 28 ¥a 17 ...No par Preferred 1,100 18% 99% 10 No par 5 ¥a% 18% 66% 10% Apr 2 Corp preferred Cuba RR 6% 95 Jan Deo preferred Cuban-American 50 *98% . (The) conv conv 5% 300 Jan 18% 48 8 Corp (The) Crucible Steel of Amer 4,200 * 23% Deo 30 hi Apr ...100 Apr 9% •• 5 1 Crown Zellerbach $5 Apr 2% May 22 15% 12 ¥2 Jan 36 ¥b NOV Mar 13 159 Feb Cork & Seal—. $2.25 700 - . 76 105 *89% *18 Va 10% •. 101/4 7% 105 .100 preferred conv Cream of Wheat 1,800 *89 ¥B *18 5% Crown 193/4 11 7% 17 17 9 17% 51 ¥2 Jan 25 1,800 19% *103 42 ¥4 Apr 4 21% NOV ' 24 .25 Co Crosley Corp 36 ¥4 10% 95 Crane 1,200 IOVB' 7% 23% Apr ————1 — Apr 29 8% Apr 29 45 Internat; Corp 13 50 ¥2 NOV 27 23 —20 — Coty 1,400 19 ¥2 103 Preferred 400 % 36 ¥4 < V 10% 103 1 33/8 % Apr —50 Refining 95 8 36% 20 *351/2 Products 17 No par —5 Steel Co.. pref 5% series... Conv Corn ' 175 .5 Corn EXch Bank Trust Co 3,500 " - - 1,230 ■ Del of Copperweld 1,500 v Oil Continental Steel Corp..^ 600 9%' 47 34 ¥2 ¥4 Continental 7,700 21 9% *44 VB 16% 98 2 6 5/8 • 21 9 5/8 47 3% 13% 133/a 21 93/8 *44 % % 13% 9 ¥2 X26 ¥4 3¥B 3% % *¥4 131/4 3% 3% % 21 21 26% 55 ¥4 176 *3 ¥4 3% 26% 47 55 176 *7% 9% *44 45 34% % 16 26% *20 ¥2 93A 45 54% - 3'A *95% 26 21 9% 46 *45 45% 26 ¥4 par 6% 45 Jan Feb July D 3% 3% *3% *3% ' *16 18% *16 12 12I/8 12 *105 107% *105 9%: 21% 21% 30% *11% 12% *16 213% 107 9% 213/4 107 107 f ; 30 *ll3/4 18% 12 22 ¥4 121% *16 12 *104 30 30% 183/4 12 9 ¥4 213/4 30 *11% 12 *105 9% *16 183/4 12 107% aq 9% *29% 18 3/4 12 3% 12 3% *16 107% 9% 22 ¥a 22% 22% 22% 30 30 30 30 30 *30 9% *934 10 22 3/8 22% 15,300 30 % 1,000 12% *11% 12% *ll¥a Co. Decca Records Deere & 12 ¥a 4 33/4 Jan 10 2% Dee 15% Jan 7 17% Oct 26 14% Deo Aug 12 12% Nov 16 6 ¥4 Jan 8 ...1 8 pfd—. .100 102 (The) 9% Dec par 18% Apr 29 : 24 ¥4 Jan 14 25 ¥4 May 12 83/4 83/4 9% 9% 9 Vb 9% 9% 9% 9% 9% 1,500 Delaware 3% 3'/4 3% 3 3 ¥4 3 ¥t 3 ¥4 3% 3 ¥4 3% 3% 5,300 Delaware Lack & Western——. ..50 *'/4 % % 1/2 17% 17% *30 37% *% 17% 17% 37% *30 % *¥2 % % % 17% 173/a *30% 37% *30% ■■'37% *17 ¥2 171/4 171/4 17 17% 17 17 ¥4 17 ¥2 17% 17% 23% *23 23¥4 *23 23% 23 ¥4 23 ¥2 23 23 Vs 37% *36% 37V4 *36 ¥4 37 ¥4 *36 ¥4 37% 37% 37% *8% 8% *83/8 17 ¥2 8% 21% 21% *21% 22 *21% 841% *84 863/4 *84 863/4 8% *9 9% 36'% 23 14% 55% 9 8% 36% '23 400 36% 36 % .37 37 37 270 23% 223/4 22% 23% 23 ¥4 *22 ¥2 2334 500 14% 14% 14% 14% 14% 14% 14% 55 55 15% 125 126 15% *5 53/4 *8% 9 *115% 120 56 126 15% *5 15% 5% *8 9 *115% 120 129% 130 1261% 126% *126 127 115 1153/4 *115% 116% 115% 31% 33/8 143 31 ¥4 ¥2 31% 33/a 179% 179 32% 54% *126 15% *5 55 55% 127 15%' 153b 534 ¥2 33 ¥s 363% 55% 125% ■ 126 5 ¥2 *5 9 *8% 9 120 >115 y8 120 131""'I 132% *126 *5 11634 31 ¥4 *8 *115% ¥2 130% 131 127 126 3/a 126% 11634 116% 116 ¥4 31 ¥2 30% 31 ¥2 3 ¥4 3% 33/8 143% 144 145 ¥2 Xl43% 145 179 ¥2 179% 179 ¥2 179 ¥2 *177 180 32% 32% 33 16 Duplan *3% 32% 3% 130% *126 116 ¥2 20% 3% 144% >177 323/4 323/4 120 8% 130% 300 1163/4 220 31 ¥4 6,900 33/8 146 189 ¥2 13 13 29 283/4 29 28% 29 10 ¥a 10% IOVb 10% 10 10 '/a 1% 1% 1% *1% 1% 1% 1% 1% 1% 1¥4 1% IV* 13% 1 ¥4 IV* 1 ¥a iy4 29% 29% 29% 293/4 29% 30 29% 30 27 y8 27 YB *27 273/4 263/4 27 26 ¥2 263/4 *12 ¥4 123/4 *12 123/4 ■ 6% cum Edison 300 Electric 3,100 1,300 800 33 *32 ¥2 333/4 32 5/8 33 32 s/8 33 24% 24 ¥2 24% 24% 24% 243/a 243/s 800 El *42 43 ¥4 43 ¥4 43 ¥4 *42 44 200 Auto-Lite 112 110 >109 112 10 *55 573/4 65 *55 603/4 *57 *57 65 *& 66 2 ¥4 23/a *109 2 112 ¥4 2 ¥4 2 ¥4 1,000 2 ¥4 2,600 > Paso 5% Johnson preferred— Engineers Public Service 58% *55 59 *55 58 *55 59 $5 60 *57 60 *57 60 *57 60 15% preferred— 65 65 *65 2015. A 18 ¥• Not Dee 37% Oct May 23% Jan Apr 7 14 37 Nov 9 12 17 23 x9% 703/4 Oct 21 29 126 ¥2 Dec 4 9 16 3/a Oct 13 Oct 23 10 Vs Nov 28 65 * 65 A 65 ¥4 *A 65 100 ¥4 500 preferred.... $6 preferred Equitable Office Bldg ; par par par -3 — No No -No No 1 par par par par 32'/4 25 ¥e Nov 15 % Nov 7 59 ¥4 Deo Dec ylll¥« Sep 12% 2% Deo Deo Jan 17% July 79 Jan 141% Jan 23% Jun 6% Jan Jan 8 6 6 Dec Feb 26 120 July 27 105 Aug 144 Jan 136 ¥4 Deo I643/4 127 Nov 7 120% Feb 127 Deo 118 Aug 6 111¥4 July 111 May 2 ¥4 Jan 1 - 2 - 24 Dec 170 26 Mar 28 180 Nov May 16 11 Oct 7 20% Jan 2 10% July 2 - % 17% 15 29 19% IV* 40 46 47 ¥a a3* Apr Apr July Apr Feb 17 28 27 25 21 15 30 Jan Jan 34 Jan Jan Dec 5 ¥4 145% Sep 21 ¥4 Oct 20 8 Jan 14% 182% Jan Dec 27 34 ¥4 Oct 13 3/8 Jan May 1% 10% July 117 120 ¥4 May 160 Apr 4 ¥2 Nov 146 Jan 2 Apr 27 Apr 23 '• Jan 2 Apr 24 39% Apr 27 107% Feb 16 • 2 32 ¥b Dec Apr 24 A Feb 16 — par -50 100 Corp.—. *57 66 ^.3 Natural Gas *55 page May 16% Apr 17 ^5 Light. 60% ¥4 see 2% 7 108 —-2 Inc— (The)— 57% 66 ¥4 For footnotes 2 ¥4 112 14 Boat— Endicott 2 3/a Jan 9% Nov 10 120 Apr 24 111% Mar 14 100 No $7 preferred No $6 preferred. — —No Elec Storage Battery—..—No *24 2% 66 Apr 102 3% May 20 —1 preferred— Electric Power & x33 2 3/a Deo 6% 8 1st pfd——100 Elec & Mus Ind Am shares.. 24% *109 ; Bros Stores Electric 3,500 44 ¥4 65 2 ¥4 Apr i—5 33% 2 18 ¥4 5 112 —No par *23% 43% & Co Mills *42 110 12% May Nov 8 1 (N J) 24 ¥2 >109 ¥2 9 87 16% Apr 23 No par 100 20 No par Rolling 43% *42 (E I) preferred 43 ¥2 112 9 22 ¥4 Nov 5 32 ¥4 May No par preferred 24 ¥» 11109 9% Feb 7 Jan 7% July 17 —No par Eaton Manufacturing Co— 7,700 ¥4 63/4 Aug 24 16 ¥2 Mar 70 par Eastman Kodak 700 1% 33 Jan Eastern Airlines Inc, 1,300 28% ¥4 10 ¥a International Eastern 100 323/4 10% 33 Jan No par Duquesne Light 5% 500 13 ¥4 33 ¥4 1 Corp $4.50 3,000 29 27% 41 Casting Co Du P de Nem 7,( 127 10 ¥4 27 ¥4 Jan Deo May 21 13 ¥4 28 Sep 29% Apr 21 Apr 287/a *27 ¥2 20V4 Deo 13 Vb Mar 13% 30 Dec 21 33 51 10% 1¥4 12 ¥4 19 39 ¥2 Aug 24 95 29 ¥4 *1% 27 27 ¥4 Jan No par 10 29% Jan Apr 28 No par 28% l3/a Jan No Mfg Co— Dunhill 21 Aug Apr 16 18 -No par 9 Oct 14 Dresser 5% 7 37 33 ¥4 Dow Chemical Co 14 1% 5 18% Jan Jan July 6'A Aug par ..25 Douglas Aircraft 10 30 ¥4 23 ¥4 1,500 29 IV4 ¥4 Deo 6,600 10 *1% Sep 18% 1,600 126% 29 30 ¥4 22 16 Dome Mines Ltd. *13 *13 l¥a Sep 2 Oct Sep Aug par 2 Co A— 14 27 T *8% *115% 3 ¥4 33 15% Class Dec Feb 19 4% Jan 3la Jan 23 No par pref with warrants— 100 Doehler Die 8 2% 11% Oct 2,600 55% "56 126 15% 143 ¥4 144 33 131% 130 32 *3 142 33% 5% 18% 2 14% Apr Corp-Seagr's Ltd Dixie-Vortex 30 ¥• Deo Jan f 363/i 120 179 ,9 8% 14% 55% 129 33 ¥4 8% Distil 200 23% 126% *177 *8% 1,700 85 28% Apr 0% No preferred partic Feb 27 5 No Match.—— Diamond T Motor Car Co 200 2P/4 36 ¥4 - 129 3% 9% 8% " 14% 126% 31 ¥4 9% 8% 21% *82 6% 18% 6 13¥a Nov 37 ..20 & Raynolds A Diamond 100 23% 124% 53A 143 \ 37% 37 9 *114% 84 Devoe 1,700 14% 16 *8 8% 21 ¥2 84 *36% 460 T 23% *22% 55% *5 *115% *8% 21% 863A 18 23 Oct Jan 30 ¥8 Nov .100 pfd Edison. Detroit 114 25 7 Detroit Hillsdale & S W RR Co.. .100 *36% 15 124' 15 ¥4 8% 21% *84 17 v ' 124 *8% 21% ; 22 841% *8% tDenv & R G West 6% 200 8,900 17 ¥4 37 ¥2 231% 8% % 17% 17 *30 *361/4 *8% *3/8 17 ¥4 37% Sep Sep 11 ¥4 2% May 21 .100 9 3% 17% 5 ¥4 18 97% Apr ..10 Hudson Apr 109% July 1 9 *30 110 16 Deisel-Wemmer-Gilbert & 18 ..20 No .— . Mar 4¥e Apr ...1 Inc Co Preferred 2% Apr .25 preferred Chemical Dayton Pow <fe Lt 4%% 3,900 *11% 5% Davison 2,500 107% ...5 Davega Stores Corp Conv 11% *104 9% 200 18% 11% 93/4 12% 334 36% Jan Feb 17% Sep 17% Dec 33% Jan 10 Dec 17% Jan % Aug % Jan 1% Nov 2 % Dec 35 ¥4 Jan 23 27% Feb 39% Nov 323A Jan 23 23% Feb 36% 34 ¥2 Nov 1 % Nov 9 4 3/. 34% Aug 12 26% Dec 26% Feb 18 21% Dee 33 Mar 16 39% Feb 47% 49 Jan Nov July Sep Oct 9 107% Nov 113 Oct 3¥# Jan 8 2% Dee 7 Jan 66 Jan 30 73 Jan 5 112 83 Jan 17 3/a Oct 17 64% Dee 80 % 69 Dee 74 ¥4 Dee 83% July 89% July A Nov % Apr Jan THE COMMERCIAL & FINANCIAL CHRONICLE Number 4131 Volume 156 STOCKS LOW AND HIGH SALE FBICES Nov. 28 f I per share per • 8% 36% 36% 3% 3% 3% 3% 3% 3% 6 6 6% 6% 6% 6% 24 23% 24 *23% «s, 7B 1 \h *32 32 % 32% 22 21% 21% *6% 7 *6% 7 *77% 77% 77% 20% .20% . 1,900 5% 3% 3% 3% 3% 1,000 Eureka 24 6% 6% 1,700 Evans 24% 24% 1,600 Ex-Cell-0 Exchange Buffet *11% 3% 14% *74% 77% *75% 12% ,*11% 12 *11% Dec Oct 23 2% Dec 7% 32% Jun 2 44 Jan 27 30% Dec 42% l'A Jan 2 4% Sep 18 1A Dec 3% Jan 4 Va Apr 24 6% Oct 26 4 Dec 8% Jan May 20 28% Oct 13 21% Dec 30% Jan 23 1% Nov 10 A Deo % Jan 27% Apr 28 37% Jan 16 32 Deo 45% 19 Jun 30 29% Jan 29 16% Jun 24% Mar 6 Jun 22 8'A Jan 5 6% Dec 13 33% 33% 700 Fairbanks Morse St Co 21% 21'A 21% 900 *6% 6% 6% 6% 300 69% Sep Fajarao bug Co of Pr Rico Federal Light & Traction 81% *78% 80 20 *19% 20% 3% 14% 14% 77 77 40% 40% 40% 19% 19% 19% 1,000 11% 100 $6 preferred 2 —5 Federal-Mogul Corp 1,000 Federal Motor Truck 14% 1,300 Federated Dept Stores--:..; 79 3% ' 4 A A 100 Enamel Corp 11% 12 12% 12% 900 41% 41% 41% 41% 1,100 Fidel Phen Fire Ins N 19% 19% 19% 19% 19%; 19% 1,400 103% 103% 600 10 93 Jan 31 90 18 24% Jan 16 19% Dec 15 11% NOV 12 8% Dec 3 Jun 30 4'A Feb 4 2% Apr 4'A 11% Apr 28 74'A Nov 20 18% Jan 7 14% Dec 27% Sep 87 6 86 97% Jan v. 103% 104 % 104% *104% 104'A 103% 104 VB .33% 33% 33% 34'A 34% 34% 33% 33% 34 34 34 34% 1,400 14% 14% 15 15% 15% 15% 15% 15%. 15 VB 15% 15% 15% 9,400 Flintkote Co 100% *96 *96 *104 *23% 18% 18% 24% *18 24 *18 *18 100% 24 24 24 *96 100% 18% *24'A , 24% 600 Florence Stove 18% 24% *18 18% *18 18% 200 30%' *37%, *8% 400 Follansbee Steel 35% 10 10 *131 *16% 17% *16% 6Va 6% 6'A 52 *34% 35% 17'/4 17% *17 17% 17 VB 17% 94% 94% *94% 95% *94'% 95% *2% 2% 2'A 2 A 2 Va 9% *9 40 16'A 49 , *16% 17 VB *94% 95% *94% 2 2 Va 1% 1% 9 A 9% 2 1% 1% 9 A 1% *9 95% 500 2% 1% 1% 9% 5,600 19% 2% 19% 19% 2% *19 •' 19% 2% 2% 9 *8% 9 *9% 10% «19 19% ' 10 *9% 9% 54 *47 *47 A 54 '*47'A *6% 6'A 6'% 102'A *101 % 6 A 6% *101% 102 % 37 Vb 37% 36% 37 37 2% 7% 2% 2% 2% 7 % 7% 7% 7% : * 66 % 67 66 % 19 VB 20 19 67% 67% 19 *130 132 *130 ~4% *4 4 Vb . 2,200 ' 54 *6'A 6% 102 % : 37 37 36'A 37% * "4% 2% 7%. 7% 19 131% 1,700 4 2% 2,700 600 t7% 80 29 29% 28% 29% 29 29'/a 29 VB 29% 28% 29'/a 25,400 34% 34% 34% 34% 34 VB 35 34% 35 34 Va 34'A 3,700 *112% 113% *112 Va 113% *112% 113% 1 *1J2Va 112 '/a va 1 % 1% 1% 91 91 84 130 130 OO 1% 1% 1% 1% 1% 93 *90% 93 *90% 93 82 *90'A *82% 84 *82% 85 *129%" 130% 130 Va 130% *129% 40% 40% 126% *126% 127% *126% 127% 126% 19 2% *17% 18% 17% 17% 41% 17% 2'A 2% 2% 2% 2% 40% 41 *2% ; 4% 4% 4 14% 4% 4 \L % 4% 104%. 104% 104% *101 104% *14 Vs 14% 14 14% 14 'A *103 *% % 17% 2% Ve V 4% 4 *129% 41% V 41% 4 l'A 104% % 2% 4 % A 32 3*2 % 12% 12% *12% 12% 12% 12% 12% 12% 104% 103 % 103'A 103% 103% *103'A 104% ''■■■ 'A' % % % 31% 31% :*29% 9% 56% 9 % 56% 9 9% 57% 9 % *16Vb 16% 16 16 15% 56% 31 16% 56% % *12%; * 5 A Common 20 8% Dec 12% July 22 47% Jan 53% May 25 Precision Equip Corp Gen 6,400 General Printing Ink 60 % ' Gen Gen % 3,900 31 56% 5% Nov 10 Dec 4 2 28 132 3% 2 2 16'/a 16% *15% 16% 16% 15% 15% 16 15% 15% 15% 15% 15% 15% 15% 15% 15% 107'%. 12% *106% 107% *105% 107% *105% 107% *105% 12% 12% *12% 12% 5% 61'A 4% 56% 56% 14% 14% 14% 40 *39 . 2 78 "72 2 6% Jan •6% Dec 15% Jan 4 73 Va Feb 97 Sep 21'A Nov 25 16 Dec 22 Nov 27 118 Dec 130% Apr 24% Dec 35% Jan 5 33% Feb 42% 116'/a July 24 1% Jan 15 112% Jan 117% Aug Va Jan 1% Nov 25 Apr 29 23% Apr 132 30% Oct 21 40% Jan 24 29 % May 13 61 Mar 25 64% Apr 102 Jan Oct 38 9 87 26 29 ♦71 14% *1% 76 *71 61 14% *1% 2 24% 25 24% "81% 82% 82% 82% 82% 82% 82% 22'A 22% 22% 22% 22% 23 VB 22% 88% 88 4% 4% 80 8% *7% * 4% 14% % 4 VB 4% 89% 4% 80 89 Va 4% 4 4% 5 56 % 56 % 14% 14% 14% 414% 39 39 par 122 Apr 10 128 July 29 121% Dec 13% Aug 31 30 27% Dec 3 • —1 —No par 14% Nov 2 5% Jan 31 4% Dec 7% Jan 109% May 13 3 % Jan 105% May A Nov 110% Nov • 3% Sep 17 99'A Aug 25 ft Jan 2 10% Apr 27 14% Nov 9 Apr 23 107% Jun 5 % Mar 26 101 Mar 11 23 82% 82% 83 V4 *82% 23 22% 23% 22% 90% 4% Vb *78 12 4VB 4'/a % 4 4% 4'A -1 1,000 7,300 1,000 4% 6,300 x if 10 . 2,100 4 *8'A 8% 8% 8% 8% 8 *7% 7% 7% 7% '7% 7% 7% 7% 7% 1,300 8% 7% 32 14% *31 31% *31 31% 24 *23% 24% *23% 24%' 14% 14 14% 32 *23% 32 *31 32 24% *23% 1,500 800 24% 14VB 14 13% $6 preferred Glldden Co 4 'A A (Adolf)— Telegraph Co (B F) v. 500 Grand Union Granite City Grant 5 A (W T) 13% 2,400 20% * 20 % 20% 20% 20% 20% VB 20% 20% 21 20% 20% 7,500 Great Northern 23% 23% *23% 23% 23 % 23% *23% 23% 23% 23% 23% 23% 1,400 Great 137 Va 137% 137% 137% 137 VB 137% 136% 137% 136 7A 136% 530 137 Vs 138 63 % *60 32% 14'A *11% 11% 2% 60 32% *3% *60 32% 11% 32% 14 Vb 14% 14% *11%. 11% 11% 11 11 2% *32 14% *11% 11 2% 2% 78 Vb *78% *3% 3% 2% 78 Va 78 78 60 3% 3% 27% 28 25 25 *22 *33 35 *33 X25% 25% 63% 20 *60 63% *60 63% *60 32 % 32 32% 32% 32% 32 14% 14% 14% 14%- 11% *11% 11'/a 11% 2% 80 3% *2% 78 *3% 11% 11% 2% 78 Va 3% *11'A 11% 2'A 80 3% 26'A 30 14% 14% 14% 11% *11% Green 11,743 63% 32 Green 11% 11% 11% 2% 83 37/b 26'A ■ 2% 84 3% 26% 11% 2% 9,500 : Grumman Alreraft Corp_„ 1,300 Guantanamo Sugar— 190 4 3,200 26% 26 26 26 26 25 *22 25 *22 25 *22 25 *22 25 35 *33 35 *33% 35 *33% 37 *33% 1,700 37 8% preferred Gulf Mobile $5 & _j— Dec 22 Jun Mar 112 Dec 6% 14 14% July Dec 2'/» May 34% May 4% 4% 54 Dec 9% Sep Dec Sep 74% Dec 17% Sep 2 44 Feb 4 35 Dec 46 Jan Va Jun 15 13 Jan' 2 par 56 A H Jan 30 2% Jan 29 2% Dec Oct Jan 2 Dec 80 Dec 91 Jan 3 11% Apr 21% Nov 3 54 Feb 13 25% Dec 82 . 2% Sep Jan 83% Dec Dec 74% 10.% Jan 23% Nov 7 10 Dec par 20% Sep 90'A Dec 2 59 Dec 90 Jan par 60'/a Jan 47/b Nov 30 1 Jun 25 Jun 1% Jan par 6 par Apr 25 23 4 July 23 13% Dec 3 I'/bNOV 2 % Dec l'A Jan 5 % Jan 9 3% Dec 6% Jan 8% Dec 3 6% Dec 13% Jan Dec 12% Jan - 9'A NOV 6 32 Nov 28 28 Dea 36'A 25 Feb 3 23 Mar 25 Vb Jan 18% Oct 27 12% Dec 18% Nov 18'A Dec 28 Va July 22 25% Feb 27 28% Jan 27 130 Apr 21 . 5 22% Apr 28 19 % Jun par 100 Ohio RR——No par - 22% May 3% July 68'A Nov 19 ' 3 Oct NOV 81 Jan x58 143 . Jan Jan 28 July Jan 14 135 Dec 144'A Aug 1 42 Mar 19% 54 Dec 50 July 16 63% Nov 25 Apr 24 33% Jan 3 29 Vb May 36% 14% Dec 4 9% May 14% Sep 10% Apr No par .—10 —1 No par .100 preferred—a——No 13 Feb par Bay & West RR——_——100 (H L) Co Inc—— 1 2,800 85 Sep 60 18 No par Greyhound Corp (The) 5% A conv preferred— Aug 11 Nov No par J. Preferred 24 24 1% July 28 —20 1 -No Dec 27 , No par *— ^10 preferred 16 Oct 2 Western Sugar- 80% 16 10 Prop- Jan Jan 102 65% Jan Mar — 11% 16 4 Sep Co Jan Dec 8 May fe Sep Ore Dec 29'A 46% 25 4 preferred- Gr Nor Iron 25 Dec 8% 20 6 Steel— Apr 14 24 Nov div ctfs—No par w % July 16'A 5 5% Jan ——1 —5 Graham-Paige Motors——, Granby Consol M S St P— Jan 5% Nov 20 61 73 100 — Jan 106% 37% Jan —1 —1 100 ; l47/a Oct 2 12% Sep -50 — Feb 16% Jun Va Nov 13 Apr 28 50 No 5 A preferred— No Goodyear Tire & Rubb No $5 conv preferred—1—No Gotham Hosiery ——: No Goodrich Co 13% 14 No par preferred Jan 16% Jan 110 12 * x407/a Mar 31 (The)— —U—No par conv Jan 4 — 21 20 Jan Dec 9 98'A 'A • 3 -——No par Preferred 80 4 4 V8 15,900 90'A *90 90'A 80 No par preferred—.—No par May 21 7% Jan Rubber Co——5 Goebel Brewing Co 23 8% 15 11 101% Sep .100 Gillette Safety Razor-- Gobel 83 Va 8% 31 —20 Gold & Stock 8% *23% 13% Mar 30 No par 500 25% *8 VB 24% Corp preferred— conv Jan 10% Mar 11 Gen Time Instru Corp—: $5 Mar 6 19 Gimbel Brothers 4% 3% Jan 79% Jan Tire <fc 48* 1% May 13 7 General 127% Aug Sep par Feb 800 75 25 25% *78 7 Iff 77/a 25% 4% ' 1% *71 75 200 1,700 300 Iff . 25% 90% 2,300 ,, 39 "7 it 1%. *71 80 *78 12 . 700 8% 32 32 *23% 4% *78 % *4 Vb *88% 4% 80 *78 12,200 5 . 1% 76 71 24% 88 5 61 4% 5 *l7ff 24% 4% *56 39 39 24% "78 14% 4% *60% 57 4% 5 iff 76 1,100 Jan par 10 Telephone Sep Jan 48% Dec 8% May 27 85 Ve Jun 12 General Nov 91 132% 28% 3 Sep Dec 9 Jan Oct 104 Jan 78% July 125 10 -'—1 Steel Cast $6 preferred—No par 6 A 12% 12% 12% 61. *60 56% *56 *38% 2 12'A 4% 5 60% 24% "87% 900 107% Dec 43% Nov ' *4% ' 5 iTff 2 12% *12 4% 5 60% 39 39 % 12% 56% 14% 40 *39 ' 4% *56 14% % *1% 60% 4% *55% 5 5 *56 4% 61% *60 *105'A 1,900 16 *15% 15%' Mar 14 ■ 5 x4% 5 *60 16 15% 15% 107,'% July 5 10 - *15% Jan 144 Dec 3% Oct 111% Apr General Shoe Corp—_— *106'A % 131% Feb General Refractories— 1,100 7% Dec Oct 9% Jan No par 1,200 9% 5% Dec 115 ■ 4'A Nov 20 5 16% Gen Jan 39% 16 9% 690 55 19% Jan 16'A v. Dec % Oct 31% Nov 9% 58% 16 14% Apr 28 16% 58 Sep 46% Feb 12 21% Apr 28 x No par 100 1 No par 9% 58 104 2 preferred—;. Gen Realty St Utilities $6 pref opt div series *16 Va 57% Jun 16 6% 16% 57% Apr 101 90'A Feb 10c 9% 16% *9 4 5 Apr Railway Signal— 60 9 Jan Jan Public Service—.—- 1,000 % preferred--— 1,600 12% Apr 7% Nov 104 30 .—No 1,300 Mar 10% Feb 52% Jan No — 8 ' 17 122 Outdoor Adv A $6 Apr 100 10 — preferred Sep 5% Mar Dec 6 —No preferred- $5 2% 13 16% Apr —— General Motors Corp Gen 24 Sep 23 Dec 3% Oct Jun Nov 13 120 $6 conv preferred series A-No par —No par General Mills 15 12 Feb No par 4'A 106% *29 31 1,200 Li\ 2% 2% Apr 7% Apr 9% Nov Sep 11 6% Sep 16 % Nov '28 No par $4.50 preferred Dec Aug 2 No par No par Gen Gas <fc Electric A— 99 ' 66 ' 100 Corp 14% %: *104 % • % 2 12% 12% 104% *29 31 *29 9% 56% % % % *29% ""■V % % - *30 ' • 700 400 18% 4 Va *103 ' % JU'i'/a *103% 20 Jan July .23% July 93% Deo Jan 3% Jan No par General Foods 10 2% July 31 100 General Electric Co Nov Deo 21 106 preferred——1 7 ft 40 41 3% Apr No par 104% *14% 4'A 104% 25,300 42 *2% 14% • 20 130% *17% 17% 2% "10* % % ■ 20 400 127 127 127% 17% 14% 14 14 104% 83 130 Va 127 127 5,700 93 83 *90% ' ftt "129% 1% We 1% 93 ft 130% 40% 41 40% 126% *17% l'A *90 'A 100 113 ' , 18 1% 8 Va Apr 5 General Cigar Inc 300 19% 132 132 ' Deo 3 May 8 2% July 3 6% Apr 22 * Va 19 134 ~9 1% 16 No par. Feb Jan 3 par preferred cum Jan May 1 —5 5 Class A 650 36 3 Sep General Cable Corp 7Va 72 % 132 "2% 7 May 27 Jan 35 General Bronze Corp 7% 72 19 *131 1.000 Jan * Feb 2% Sep 2% Jan Mar 11 No 20 V* 105 11 98 Transportation preferred— $8 Sep Dec 9% 32% May 6 -50 No par General Baking—— 40 2% 7% 72 71'A 19 *18% 131% 3,600 5% 4 2% *7% 71 19% 4% *4 2% 2% 70 * Amer 132 132 *131 *4 36% 5 Va x5% 5% 5% Gen 32% 97 -No par preferred Jan May 24 19 51 Gen Amer Investors-; Deo 13% 3 ' -10 —5 Jan Dec Sep 28 1% Jan —1 preferred— Apr 7 38% Jan l'A Jun 23 8 Nov 35 Dec 3 10'A Feb 45 15% Apr 24 85% Apr 10 par No Wood IndWstries Inc— $6 34% *82 Apr 29 20 (The)—, Co 27 Jan 16% July 103 17 13 8 42% ; Jan 9 18% Nov 26 Jun Oct Jan 33% 30 21 136 5 -No par —1 _. 200 29% 114 (The) cl A (Robert)— Gaylord Container Corp— 3% A conv preferred — 2,200 ' % *112'A Gar 600 ■' 34% 29 Gamewell 5 A 9% *100% 6% 102 "A ' 14% Sep 105 25% Jun Nov Sep Jan Dec 3% 127/a Jan 26 May 28 Sep 18% Deo <;• 21 42 "* Dec- .. 38 100 preferred 6 A 114 13 11% Jan 9% Apr 28 „1 Inc Co Galr 5% Jan 16 45% - 17'A 5 36% Mar 19 8% Sep 30 27% Mar 14 7 Feb Dec Jan 16% 25% Oct 20 '21% May 22 10 preferred— conv Gabriel Co 9 *47 A 6 A *100'A 6% 98 Aug 28 _25 Co_ 31% May 8% Dec 96% Jan Apr 21 : 131% *18% 131 131% 69% 2 Va *9 A 54 6 A *131 2% 2% *7 % 5% 4 4% 54 240 18 *8% ' 9% i"' *47 A 102% 6'A OO 36 Vb 37 *131 *131 *4% * 5^8 5% 5% 5% *5%. *130 6 A 27/u 9 A *9 10 2% Vs *8% 9 *47 A 54 101 % r-i O H 2 9% 9% ' 18'A xl8 A 2% 2% *8% *8% 9 *8'A *9% .' 2% 19% 2% Trailer Fruehauf 157/a Dec Mar 27 3 No par pfd—100 Freeport Sulphur Co 1,000 > ' » 15 Nov 39% Feb May 14 18 No par Francisco Sugar Co 1,700 *9 97« 1,600 600 *2 2 Ve 2% 1% 35 Dec -10 preferred— prior 6 A 90 105 •28 10 —.—— F'k'n Simon St Co Inc 7 A 17% 17 9 Vb 2,300 27 86, —1 Machinery Corp— $7 conv preferred 190 6% 49 34% 35 Va 35 V8 16% 6'A Ml 95% 17 *94% 1% *9 1,100 *17 9 A 1% 1% 1 %. *41 *41 35% Foster-Wheeler 10 6% 52 Food 133 17% 6% 35'A 100 Dec Dec Jan 26% July 14% Jan Feb 12% 100 conv 1,600 8% 34% 20% Oct -10 Corp— preferred--; Food Fair Stores Inc— 5% 9 VB 10 17% *41 35% 50 *131 10 131% 131 135 *131 10 9% 9% 135 6% 52 ■ 34%, ; 17% 6% *41 35% 38% , 40 42 .. 40% 9% 9% 39% 39 3% 33 *30 33 *9 9% *9 *3% 3% *3% *30 33 39 17 *6% 52 *41 9% 38% *9 " 4 *3% *30 10 17. 6% 6% 3% 30% 135 *131- 17% *17 9% 3 7 "A 10 10% 135 •■* * 37% 38 10% *131 33 *30 9% *9% . 3% 30% 3% 3% 4 30% Co__ 12% Nov 41% Dec 3 29% Apr 30 9 % Jan\ 2 Florsheim Shoe class A—--No par ' *3% , preferred $4.50 100% *96 24% 24% 24%' 18 100% *96 100% *96- 21 29 87 Va Apr -—No par —No par —No par 100 Dec 77/a Apr 6 A (The)_ Jan May 29% Apr 13% Jan preferred series-A 100 First National Stores—---No par 103% Jan Mar Apr Firestone Tire St Rubber———-10 '103'A Aug Nov Apr 1 Y_——$2.50 12 Ml- Ferro No par 100 preferred conv Aug 8 -No par 3% -14% 10 ; 20 No par : Federal Min & Smelt Co *75% 3%. , 20 15 41% 12 12 40% *19% 20'A 15 3'A 14% *75% 10 80 20% *11 77 *3% 77 *78% 11 xll 11% *11% 3%. 14% 19% - U Jan No par 33 21% 20 20 (2.50 Corp 33 11% 3% 14% 4% 10 5 6% *78% 3% 10% Oct 23 2 —3 21% 20 share 4 — 32% 82 f per 5 *6% *77% Highest t per share 3% Jan Co Corp— 30O 1 Year 1941 I per share -100 21% x20 11% 6% 24% % 20% *11% Products 6% 24% I per share Lowest 4% Jun Cleaner Vacuum Range for Previous Lota Highest par pref series A 32% 40% . 23% 7 77% *19% 37% 6% *6% *14% 3% *40% 36% 21% 21% 14%- *11% 36% 3% 82 20% 11% 3% *75% 16,100 36% 100-Share of No par 32% *32 32% *21% 14% 7% 7% U »3/„ '*11 % 8% 7% 6% 23% 1 24 7% 8 2,900 No JErle RR common: Ctfs of benef lnt 8 *3% • Par 7% Basis Lowest < Shares I per share share On EXCHANGE 8 36 36 36 the Week Range Since January 1 STOCK NEW YORK Sales for Dec. 4 7% ■7% 7% 7% I per share 7% 7% 36 36% 36 t per share 7%; 7% X7'A 8 % 7% share per x8 8A 8 A S Friday Dec. 3 Dec. 2 Dec. 1 Nov. 30 Thursday Wednesday Tuesday Monday Saturday 2009 10 25 Mar 31 9 Va May 20 1% May 22 2 48% Jan * 2% Jun 18 Jun ; 3 2 Sep 11% Aug 31 10% Jun 11% Apr 14% Jan 6 10% Dec 18% Sep 3% Jan 29 1% Feb Sep 28 86 4% Oct 33% Oct 13 Jan 3 % July 55 24 1% Feb 4% 23 9 Feb 23% Dec Aug Doc H *12 *10 *100" 12% *12 10% 104 12% *10% "100 For footnotes see 10 Va 104 page 12 10 Vb '100- 2015. 12 10'A 104 *12 10% "100 12'A 10'A 104 xll Va *10 *100 11% 10 Va 104 *11 *10 *100 100 Hackensack 7 A Water preferred .— class A— 11% 300 Hall 10% 300 Hamilton Watch Co.——_ 104 6 * Printing Co— preferred : 19% May 21 25 11 33 8% Mar 16 13 29 8 95 Apr Jun 25 Mar 11 Feb Jan 11 5 Aug 22 Jl% Nov 12 106% Feb 7 23% Dec 33 Jan 33 Feb 38 Mar Dec 16% Jan 8% 8% 102 Dec 15 Jan Dec 108 July THE COMMERCIAL & FINANCIAL CHRONICLE 2010 Monday, December 7, 1942 NEW YORK STOCK RECORD low and high sale prices Monday Saturday f per t per share 92 *7% 8% *7% 1% 1% 1% 1% 90% 91 % *90% 91% 8 8 *57 58 8% *7% *85 101 13% 138 *4 4% 4 1,900 ' 92 200 ! 5 8% *7% 8% 8 8 *1% 1% 1% 1% 1% 1% 1% 1% 90% 90% 91 % 92 Va 92% 7% 51% 92% ;'T 7% 8Va 7% 8Va "* 57% 57 % x56% 56% 8 57% 92% 2.900 93% 7% *151 157 13% *13 157 13 VB 70 70 *151 157 *151- 157 *151 157 *151 Helme 157 13% 13 Va 13'/a 13% 13 Va 13% 13% 13 70% *70 Hecker Products 400 . 70 Va 71 69% 70 70 % 70% 70 % (G ' 135 134 *132 41% *132 134 *132 *40% 43% 4iys *42 42% *93% 96 *92% 95 *91 95 16 *13% 134 42% 43 ' Hercules * Motors- _No L: *92% 43% " *92% 95 51 100 93% Jan ■125 158 2 134 9 Oct 19 Jan Jun Dec 8 Dec 96 Jan Dec 168 July 150 13 Jan — 3% Deo 50'/a 28 72 Apr 27 " Feb Feb 14% Nov 9 Feb — — 5 19 28 Jan 76 25 58% Oct Feb 6% 101 Deo ' 1% 19 8 l'a Nov 4 ' Jan 149% Dec / — Jan 25% - 96 Sep % Sep 10% Apr 16% 65% .' Dec 80% July 123% May x Jan 132% Oct ' : . , i 95 6 2 May 141% Apr 10 V4 Apr par• _No par 3% 92 6 24 4% May 45 106% Jap ''' 8% Nov 79% Apr 1 140 May 12 .—25 preferred—'—1 cum 2 88 Highest I per share Deo 12%'Dec 10 '4% Feb 7 29 Jan Jan 1% Jan Hercules Powder-—__L_ 6 % 3% Mar 100 19 ; 4 —— 1,000 2,000 50 16% Jan 146 2 5% May 21 25 ' 134 *42 95 43 42% *91% *131% 132% 132% Apr 80 Lowest f per share 17 Jan % Jun ' *132 f —1 Corp—— • 1 104 12% Apr 29' • • Year 1941 Lots Highest I per share . Apr 20 X126 -100 W)—n_r Preferred 13 % 70% 100-Share 2 tHaiel-Atlas Glass- Co— 9,200 57% , *151 _i_l Hayes Mfg Corp_ 580 7 To *56 100 preferred^—! !rHayes Industries Inc——,*, • 100 96 par 1—•.—i. 6 % % of S per share _No par Refrac—i—._No preferred-' Basis Lowest Corp of Amer class A— Hat : ' *7% '(M A) Co 45 pfd! Harbison-Walk • 6 % 4 On - Par r ... Hanna 138 *85 92 > 20 '• 13% *131 4-% *85 1 STOCK EXCHANGE Shares 101 13 % 13%. *131 92 *99% NEW YORK the Week 8% 8 58 *3% 92 58 7% . 4% *85 1 per share *99% 138 Sales for Dec. 4 1 per share share 13 % *131 1 Friday Dec, 8 100 13 138 *4 92 *85 100 12% 12%,. 4% 4Va 4% *4% $ per 102 *131 138 *131 138 *85 13 12% 12 7a 12% *130 *100 ' Thursday Dec. 2 t per shan 101% STOCKS Wednesday Dec. 1 share 101% 101 Va *100% Tuesday Nov. 30 Nov. 28 300 ' , i—— _No preferred——.■_No Hershey Chocola-te— , i $4 .conv par 30% Mar par 79 44 5 9 33% 102% Jan 12 99% 12% Mar 11 14% NOV 27 12% £>ec 11 17 Nov 7 12% Dec 18% Aug 29% Nov 10 13% Dec 30% 5% Dec Mar 13 July 56% Dec " [Jun 115 Jan Jan * is% *25% 14 *13% 14 *13% 14 15% 15% 15'/a *15% 15% *15 % 15% 27 *14 26% 26% *26% 28 *26 % 7% *6% *7 12% 12% 29% 28% 12 V4 12% 115 *113 28 28% 28% 100 > * & Dauch Paper Co—i—^a10 200 Hires Co 26% 600 Holland Furnace. (Del) VB 500 12% 600 *67« 7 12 Va 12% *113 115 '< Hollander &"Sons 7% 28% 28% 28% 12.500 *37 Vb 38% *37% 38 % (C E) The 1 -• - 6 —5 (A)— 300 Mar 21 14'A Jan 10 — Jan —! 100 Mining---: [—12,50 7% Dec 6 2 21% Oct 1 30 18% Jan 27 111% Feb preferred.- Homestake 2 12 % Dec Holly Sugar Corp.—-No par 115 28% 28% H{nde 15% 26% . 7 x7 *12 Vb *113 15 *15j,4 26 7%' 12% 115 *113 ••*13% 14 15% X25% 27% 7% 7% *12% 12% 115 *113 29% 28% 7 7V4 12% 115 *113 14 *15% 115 Feb 20 13 38% Feb 39% Oct 9% July 9 Apr Dec 52% Jan 24 30 Feb 30'/a x Dec 39 Jan 13% Jan 16% 38 38% *9% 38 9% 10 38 10 9% *42%' *37% 38 10 10 Vb •*42% 44 % *102% 104% 103% 103% *102% 3% •3% 3% 3% 3% 32% 32% *32 y» 32% 32% 10% 42% *42 V4 43% 103% 103% 300 3% 3% 3% 3% 3 % 2.200 32% 32% 900 Tit ; 500 103% 400 10% 10 Vb 42% 43 32 10% 42 V4 *103% 31Tb 3% 42% • 104% 3% 104% 44 38 Va *103 42 Va ; *32 *32 32% 10% » • 1 2,000 Class B No 8 % Jan 2 30% Apr par Jan 29 par V Household Finance———No - 5*9 • — ' 96 preferred--!-—-—-100 Houston Oil ■ 27 Houdaille-Hershey cl A—_a.__No par of Texas Howe Sound CO--—i———5 t v -25 c. Aug 115 ' *38 Sep Jan 107% 5 2 16% Oct M% Nov 9 44 Jan 20 36 Dec 64 106 " Sep 18 100 Aug 111 Jan 24 4% Oct 24 2% Dec 5 July 2 34% Feb 3 26 Va Apr 37% Jan 1% Aug 31 A Dec % Jan 1% Dec 3% Jan 15% May 21% Sep May 2'A Apr 1 29% May 7% Dec Jan ' 1 4% *4 *3% 4% 4% *4 4% 21 21 21 1 *% 4% 4% 4% 20% 21% *4 . 41 i. 4% 20% 20% 201 20% a • . . 4% Hudson 1 300 21 3.200 34 % • 7% % 4% 4% 4%, 4% % U % % % 2,600 IHupp Motor Car C6rp„— Illinois % ,<• ' 7%. 7% 7% 19i/e *18% 7% 7% 19% 19 % *19 19% 19 *39 39% *39 39% 38% 39 39 4 4% *4 4% *4 4% *3% 7% 7% 7% 7 7 it 8 8 2 Jan 2 17 23% Nov 9 3 Vs Jan 2 5% Nov 7 2% Dec 4% Jan A Jan 2 1% Apr 13 % Not % Jan 5% Jan 2 1 100 Central RR Co_. 2 16% Apr 100 : 2.000 4% / [ preferred-"—- ,5% % Jan 100 Hud Bay Min & Sm Ltd-——No par Hudson Motor Car———-No par ; ' % Manhattan. & 2,900 4% 4% 4% 1 , 4% 20% 20% •// % * % 4% % % 5 Vb Aug 31 9% Nov 4 23 % Oct 26 4% Dec 10% Aug 11% Dec 24 31 Dec 2 Dec 4% Aug Dec 21% Jan ' ' 19% 19 % 19% 39 39 39 4 4 4 19'a / 12 12 12 11% 11% 11% 11% ll-Tb 11% 12% 12% 12% 12% 12% 12 12% 11% ll%t 29 % 28% 29 28% 291/a 29% 29% 29% 29% *29 * 162% 159 Vb 58 *57% 10% 6% 6% *6% 7% ; *6% 5% 6% 6 90 240 RR See 2 -1000 scries A— ctfs 54 54 53% 163 162% % 2% Jan 2 4% Oct 10% Sep 21 16% Feb 4 14% Oct 23 29% Dec 3 11% 11%. 1,600 Indianapolis P & L Co——No par 11% 1.200 29% 1,900 Indiant Refining/——— Industrial Rayon———No par 1,400 IngersollrRand— par 74 May —100 153 July 89 , 90 *160 160 60% 61 10% 10% 10 % 10 6% —No preftrred 2,700 Inland 10%. 6% 23 *22-% 22%" 107 107% 107% :"" 106% 7 5% 5% 145%. 146% 6% Va *6% 7 7 6 Vr 6 2,100 Inspiration Cons Copper—« 7% 500 22% 22% 22% . *107 1% 7% 5% : 108 108 5% 148 *6 7% 2234 .7% 5% 147% *6 . xlO %. 10% 10% 1,100 . ,. 7% Steel No Co—— - ■ Insuranshares 54 55 541/4 163 % 55 % - a % •i fi . 55% 163- 1631%. 163% % 163 Va 56%. ■» Corp 6 '/c Intercont'I: Rubber——No 5,500 Interlake Iron— 1,100 Int 7,600 Internat'l • Business 154 Sep 4 63 Dec 90% Jan 12% Jan 14 8 '/• Dec 13% Jan 7% 2] 6% Feb 5 6 18% Oct 5 23% Jan 27 19 Dec 100% Aug 21 111% Feb 3 107 July 6 5 140 Int Hydro-Elec Sys class A 10% 4,700 Int Mercantile 8 % 1,400 Internet* Min A Chem— Harvester—— t Preferred par par 40 100 No —* 10% 10% 10%. 10% *8% 8% 8% 8% 8*8 5 41 i» 541% 53 *52% 3% 3% 53 54 *53 "2 147 , 135 * *132 3% 3% 3% 3^% 3% 27% 28i/a 27% 28 y« 27% 135 *132 135 Apr May 8 166 6 8% 7% 44 % 3% 43% 3% *44 *3% 8 7% 44 ■ 8 135 *1.32 7% e: 43% 43% . 43% . 54% 600 *132 3% ¥—No par 4% Marine- 5% May 25 5 3% May 29 preferred—!- 38, -——100- 3% 3% 18,500 135 Preferred' 7% 8 « *39% 40% *39 % 40% *40 4iy2 *39% 40% *39% 41% *39% 44' a 311 H 41 *27% 28% *27% 28 *27% 28 *271% 27% *36% 38 40 38 40 *36 39% 44%' 44%. *3% 3% 1,800 *100% 104 6% 7% 6% 7 7 7% *6% 7y8 9% 9% 103 % 38 9% *9% *100% *36 103 39% 40 4 J. 27%. 38 *100% 6% *91 92% *91 92% *10% 10% xlO 6% *6% 6% 91/4 10 *91 r Co„< *39 , 27% 39*% *39% , 5% 41 27'/. 260 preferred— conv 27% 27y2 *26% 139 *136% 9% *9% *9% 26 26 98 *261/4. *136% 9% '• *93 9% 27% - *33% 37 37i» ■,«. *100% 103 *1001/4 103 International 100 100 66% 67 129 19 19 18% 55 55 55 55 *54% 64 % 65 64% 64% *64 * 67 .129 128 *8 10% 67 * V 8% 9 6% Apr 13% Nov 9% Oct 9 55% Oct 26 4% Nov 21 9 23 Dec 126% Jan ' 3 135 / July 16 125 May 7% Dec 2 10 • 1% Dec 15% Jan 5 10% Feb 60% Jan 5 51«/« 23 131 Dec 3% Nov 43%;Mar 30 1 Va 1% Oct 1 A'o par —— 26 7 7e Silver.;—:——50 26 May 20 67 % *9% 6 May preferred———— Intern! Telep & 76.700 '6 * 9% 70 ». 66%. 19% 55 Vb 55V« 55% 64V2 64 % 65 y2 8% 129 *8 27% 139 Preferred r. 100 9% 9% 100 26% 1,900 *96 98 67% May , Oct Oct 31>/4 Jan 49 Feb 15 95 Jan 7 Vb Nov 28 1 Va Dec 3% 7% Nov 65 Johns 10 Xl8% 19 /' *53 53% 65 *63 63% 21 1% Dec 3% 9 5Va Feb 1,600 8% 8% 3,800 85 —100 1—No '• par 10% Nov 2 4 Jan 54%,May 6 • 7 ' 5 26 Va Feb - 104 Oct Oct : 9% Aug 5»/4 33% Aug 134% Aug 9 31% Dec 5 107% Dec 68 2 Dec Nov 3 64 Jan fl 79% Jan 49% 4 24% Jan 3 - 122 Dec 14 Dec 61 May 20 7% Aug 13 59 ' 128 Dec 67 1 Sep Feb Aug 86% July Dec Deo Dec 27% July Oct 64% 8% 11/ Jan 20 Jan 71% Nov 16% Jan 44 111% ' ■ Sep Dec 5 129 Sep Sep Sep 98 Feb 10% Nov - 14 Mar 124 33Va Jan 9 1 13 Nov; 87 107% Jan , 17% May 20 Steel——No par 5 % pref series A —; .1 00 5% pre! series B conv———100 Joy Mfg Co————: —1 12 32% Jan 50% May 15 122 100 Jones & Laughlin 500 May Jan 138 18 18% May 15 No par Manville— Apr 5% Jan I — — V -Preferred 600 8'A v (W B) -Co Jewel -Tea Co Inc.- 3,400 129 55 8'% Jarvls - 24% Apr 29 127 ———1 4% % -preferred- 66% ' 66% *128 19% 55 . *9% x26 % 19% 8% 26 49 104% Oct 7 A 7% Apr 29 par Island- Creek Coaln—.1 $6 .^preferred— 27 129 129 In'tertype Corp————No *136% 139 98 36% *96 68 19 Sep 48% Feb 25% 95 200 *128 Jun 2% 16 17 ,/ 200 9% 5 39% Oct 88% Apr 27% 1.0% *26% 98 Feb 10% Nov 10% *10 *136% 26% 32 .May, 6 29 10% 9% 38 Va .6% Jun *26%. 26% 13 Interstate Dept .'Stores———No par 93 *96. 30 48% Feb Mar 600 92% 26y2 Sep 73% • ' 92% 139 46% Jgn 14 39 2 *91% 26.% 23 par Sep Jan 20 Apr 32'/a May 2 9% *9% -10% 9 30% Oct par J an 9% 92 ya July 4 31% - " 1% Jan *95;, 9% 19 ■* Jan 12% Jan 2 6 129 8% 2% 94 5% 6% *136% 67% 128 19; 19 Dec ——100 6% *6 27 9% 67 Jan % Teleg———No par Foreign share ctfs —No par 6 6% 139 98 *128 July 170 • 19 2,200 6% *91. 26% *96 57 Jun 30% Oct preferred——1001 International Shoe 600 *6% 9% 92 y2, *9% 98 Dec ' 37 103 •5% — 26'% 26% 26 *96 *9% 27%' 139 42'A Jan 29 100 International Salt—-—u-~~no 6% « Dec Jan 167% 25 ' *136% 8 11% May Apr 1% Apr _15 Inter Rys of Cent Am——No 1,000 . • 103 Feb Dec - 150 9 Sep Sep 113% Jan ' 44 It 3% *39% 39% Jan k I——— —-———100 International' Paper 13,400 ' *36 3% 24 Va Apr Internat'l Mining Corp——_—^-1 Int Nickel of Canada———No par 4,200 28 ' 44% 3% Jan 27 ' 3%' 3% 7"^ > 3 July % Jan . ' 8 9 57 % Dec 24 Va July 27 _25 . ' 3% 28% 28 28% 111% 161 Feb 14 3,000 10 y2 53 8 Jan 5% Apr ' 8% *132 3 74% Feb Jan •;« 10% 135 163% Dec 8% May 20 • *132 100 10% Jan % 8'/4 3% 1 3 24 Apr 151% Jan % ii i a 101/4 x28 29% July 5% Apr 29 770 8 V4 29 y8 20% May 85% Dec - 'i * - 9% July 5% May 20 109% Mar 16 163% Aug 45% May Feb 5 par 55% 56 24 13% —No par Machines——No *162% 10% 3% 3% 29 Apr 54 par preferred--'————100 57%, 8% 53 21 2- 5 par ——No 163 Va LO • 10% 53 *52% 6% Jun Mar 25 42 1 — 5,400 5% J. 48 % 8% *8 TO 20 Inc Ctfs Inter chemical 100- V 8 Va 5% 148'4 5% 148 146% xoa% 10% 10% May 13 32% Jan " 163 13 100 lines 4%——-—4.-100 29 Vb . 89 60 preferred series A—, *11:,« ■ • 60 31 3 63'a 59 Leased 163% 89 165 58 Va *6 108 . *159 23 148 148 150 Va *147% 6% *106%' 108 *106% 59 *ioy2 23 23 23% *88 % 165 6% 130 ' 10% *6 % *57% 57% 10% 91 *88 *159 162%. 57 10% 23 92% *90 92% "SO *159% / 700 4 *3% 12% *11% 19% 39 Va , *39 , ,14 ' i % Sep : v ' K 11 Va 11% 11 Va . 124 120 5 % *120 5Vi - *5Vi ■. . 24 *23% 11% 23% 5%. *121 % ■ ... 23% *7% 8 V, *7% 84% *81%, 83% 11 11 104 *10% 110" *104 *5 Va *22 8 Va 84% " 11% , 124 % *7% 82 11% 11%. *121% 5 Va 23 104 Va 5% 23% 7.% 11% v 110 13% 13 Va 13% 13% 135b 1% *7% 7% *7% 11% 123% *121% 5% 5% "*20% 5% 23% . 7% .7% " :• 82 82 7% 11% 123%. 5% /■ *21, ' 11% 1,300 124 •' 800 23% —10 5 City P & L pf ser B——No par City Southern——No par % prefefred-i-c.————100 117 Kalamazoo Furn_, Stove & Kan 50 5% -Kansas 700 4 - e Feb 10 Mar 17 2% Jan 16. 2 May 26, 12% Oct 13 4% Dec Oct 16 xll6% Jun 7% Oct 26 124 " 29% Nov 10% *104% *7% 83 10% 83% *10% 11 *104% 110 . HO *7% 8% 83% 8% 83 v2 10%' *104% 10% s>7a 300 13% 13% 13% 13% 13% 7% *7% 7% *7% 7% (J) prefcrred—^ & 1' Jan 7 10% Apr 9 /: % 100% Jan 11% Sep 24 102 " 24 14% Nov 8% Nov 9 < : 6" • Jan Aug Dec <22% Aug 14% Aug 104% Jan Dec 9 Aug Dec 9% 6% 7 12s/, 121% Mar Mar 121% Apr 13% Dec 95 12 Sep Dec 100 13 4% Jan" 9 — , 17 93% July 23 preferred_100 Kelsey Hayes Wh! conv cj A——1 Class B~——— -1 200 Apr Dec 7 100 Co——i——1-5 Keith-Albee-Orpheum 900 j conv Kayser - *7% 6 82 / Kaufmann Dept' Stores_—, 130 110 *13% . 400 v 2 11% Feb / 5 ' 8% *13% -11% 11% 124 22% . 82 *10% * 110 11% 124 9% Dec 4%'Dec 18 Jan '8% Jan ' -103% 105 27 Vt 27% *103% 105 105 105 26% 27% *13% 14 14 14 *14 *26 26 Va 25% 26 *25% .. 26% *2 2 Vb *2 2V» *2 34% *34 34% 34 19% 19% 19% 19% *2% *25 19% 3% *2 Va 3 Va 24 25% 26 9% *9 *9 9% 26% 105 26 34 19% *14 14% 400 26 % *25% 26% *25% 26 va 300 *2 , 33,% 19 Va 2 Vb 34 19% 3 *2% 3% 22% 22% 26% 26 *9 26 27% *2 2 Vb 34% 19% 3 19% 19% 26'/a *2% 22% 22 26 Va 9% *8% 9% *3% 36 36 Vb 36 Vb *35% 36% *35% 36% 17% 17% 17% 17Va 17 Va 17% 17% 17% 10% 10% 10% 10% 10% 10Va *10% 10% 25% 25 Va 25 V'b 25% 25% 25% *25% 26 19'/a 19% * 108 105 2% 1 *105 2% 108 *2 !/a 1 iii 19% *105 19% 108 20% "105 2Tb 2% 2% 2'/a 1 1 1 1 11% 11% 11% 11% 11% 22% 22% 22% 22% 23 23 30 4% For 14 % 23% *23% 30% 4% 4% footnotes 4 Via see *107 2% 2 4% page 2015. 14 % 1 * % 30 4% *19 % ^ , 13 *13 Va 14 Vb 23% 30% 4% 20% 107% 2% 14% 14 1,100 .. , 20% 108 Va % 600 20 2% .1 .-> 1 1 3,500 2,400 105% Jan 20 98% Feb ,37% Jan 3 30% Dec : 9 14% Nov 17 1:1% Dec 24% Jun 25 29 Jan 3 25 Dec 1% Jan ' 5 2% Feb 5 30% Sep par 4 40% Feb 5 22% Jan 9 May 106 Mar 39% July 14% July 38 Jan " l-l :——-No par Kresge (S S) Co_ -10 Kresge Dept Stores—— —1 Kress. (S. H) & Co— —No par Kroger Grocery & Bak——No par preferred Laclede Gas Lt Co 800 11% 30 220 17 Tb 1,000 23%. 24 9 % 36% 25% 23 Va 29 Va *8% HVb *11% *13% 2,400 11% 11% *23% 2,000 25% 23% 14 Vb , *35Va 20 % . J 6 2 11% Apr 26% Jun ' Kinney (G R) Co—2— $5 prior 200 ' 26 Vb '• 3,700 , 10% 23% 24 3% 26 *11 % 30 *23 % 19% *17 , 107% 1 11%. *13% 20% 108 2% 10% *25%. 80 22 Va 26 9% 36 34% 100 Kennecott Copper—— Kimherly-Clark--———-No 1 2% 34% 3 22% 38 20% . • *2 34% 17% *19 22,600 " 17 Va *36 27% pfd A—!—No par No par Keystone Steel & W Co—T—^No par Kendall Co S6 pt- 10 14% 23 ; 25% 105 27%. 27% 3 , *104 27% 14% *25% Va 2Ve . 105 -*104 14 % 23 23 26 VV 23 ' *14 ' *34 *23 *104 27. 14% 100 St Louis 100 No par Lane Bryant——*——No par Lee Rubber & Tire_; v —5 Lehigh Portland Cement —25 4 vo conv preferred : -100 JLehigh Valley RR 50 Lehigh Valley Coal No par 6 % conv preferred.. 50 5% preferred. Lambert Co 10% 11V4 2,000 23% 23 % 900 Lehman a (The) Corp — 14% *13% 14% 400 Lehn & Fink Prod 24 24 24 *24% 24% 300 Lerner 30% 30% 31% 30'a 30% 5.900 Llbbey Owens Ford G1 4% 4% 4% 4% 4% 8,600 Libby Stores 1 5 (The) Corp Corp—— McNeill & No par —No par Libby— 7 Mar 31 17 : 2% Jun 19% May 15 7 22% Apr 29 7Va Apr 29 '3% Jan .23 Jan 2 29% Jan 5 27 1% .. Dec 23% Feb 21 Dec 2% Feb x22% Mar 24 Feb 5% Feb 21% Apr 24 41% Sep 30 17% Jan 11% Jan 2 17% Oct 15 10% Dec 8% Mar 17 ." 15% Apr 15 11% Dec 4 26% Oct 20 : 13 May 8 7 Jan 14% Dec 3% July : 40% July 26% Sep 5% Sep 28% Aug 29% Jan 17% Sep 45% July 14% 13 Sep Aug 27% July 26% Oct 9 19% Aug 4 113 Jan 16 107% Dec 116% Jan 2% Jun 2 4 Jan 26 1% Jan 5% Aug 1% Jan 20 % Feb 2 Va July 2% Feb 18% May 29 104 % May 35 8% Jan 7 17% Apr 17 23 Va Jan 15% Aug 18 24% Nov 9 xl9 Apr Dec 14% Sep 24% Sept 14% Nov 11% Apr 24 14% Aug 31 11% .Dec 18 Apr 29 24 Nov-24 18% Dec 20% Jan 5 31% Dec 3 19 Vs Dec Sep 45% Jan 12 5% Jan 20 3% Dec 7% Jan 4 • Mar 27% THE COMMERCIAL & FINANCIAL CHRONICLE Number 4131 Volume 156 STOCKS LOW AND HIGH SALE PRICES Nov. 28 1 per share t " • $ per share share S per 29% I per f per share *29 30 30 58 *29 30 29% 58 *28%- *58 58'% *58'A 58% 581% 58% 59% 59'% 591,8 59 % 58% 59% 59% 60 00% 60% 60 60 % 59 58% 59 59 175 175 176 22 *21 1 22 176 176 *176 176 177 *176 177 23% *21 2314 *21 23%' *21 23% 23% <'21'■> *34% 353% 12 16 % 16'% 16 % 43% 5% 5%, . 33% 34 Lion Oil 1,200 16% 16% 9,600 Liquid Carbonic CorpLockheed Aircraft Corp 45 % 44% 4.4% 383% 38% 39 12% 12% 11% 15% 153% 15% 1614 16% 16% 16% 17a 443/4 38% 6 3/4 0% 6% 17% 17% 15% 16 44 44 44 Va ' 38 % 3814 38% . 1" 6'/4; 5% 5% 5% ' 6 6 6'A , 4,600 16% 29 74% Jan 164 % Apr 16 -16% Apr 22'a Jun 18 17% 17% *17% 17 % 16%' *148 148 148 149'% 16 'A 16% 16 'A Mar 13 33 Jan 177 Highest I per share 39 Jan 64'4 Dec 961/3 Jan 64la Nov 98 Jan Jun 189 1734 5 Nov Dec 21 Jun Dec 30 Jan 3714 Jan 174 Dec 4 14 23% Nov 9 23 321# Feb x20% 3710 Nov 12% Oct 16 Nov 24% Jan x29 •" Lone 16% 163/8 Xl5% 16 , par 700 1491A 14% 15 15 15 15 59 59 58% 59 149% 14% 1491/2 15'A '14% *14% ' 149% *147% "14% ; • ■ 70 ■ 1,000 58 v, ■* —-r„_-_100 preferred- .7% , No par Louisville Gas & El A— Louisville ,& Nashville . ■ 59 3%' *58% - 58 58 58 58%. , 2 - . —-100 , 34 Deq 19% 28 Apr May -.35 Apr 9 45 la Aug 19% Nov 11% Apr 29 128, Mar 30 11% Apr 9 55% Sep 2 May 13 '42% Jan 28 6% Dec 4 Mar 13 15 -.10 Co (P) 1,100 15 58 14% Lorillard 3,000 *147%' -149'/4 Jan 37 • ,131% Jun 16 2% Mar 27 No par Corp_ . llJ8M'ay i 14% May 20 < Long Bell Lumber- A———No par Loose-Wiles Biscuit— --25 14,500 ' - ,l..No Star Cement 25% May 21 9% Jan • 2 * ' *147% 73'4 Jan 12 50% Apr No-par ;__A"o par, — -1 Refining Co— Inc Loew's 1,700 * , ' 18 *16% *17% 18 *17% *17% 50% Apr 18 No par. : 1,400 11% 12 3/4 15% 38% Co__/. 15% 12 ' Link Belt 500 15% 43% 38% .1,800 34 15% 44»% 38% 33;,4 11% 16'% ' 35'A 23% . 16'/s 15'%. 44'% 23% *15'A 11% 15% 38% 24 % 11% *113/2 15% 44% 23 % *331-2 34% 23% 24 34% . 153/2 38% t per share 32% ;_25 Lily Tulip Cup Corp__„_^_—No par Lima Locomotive Wks —No par 100 * 23% 23% 24% 35% 353/2 $ per share share Lowest Jan * 24% 25 *ll'/2 ■ tPreferred 130 , Year 1941 Highest 3 20 _>_25 ———.-'100 Series B . t per —5 Liggett & Myers Tobacco__ '4,100 ' *24% Life Savers Corp 400 , 177 177 . Lowest Par 100 29% *29 30 Range for Previonl On Shares shart *29 Ranee Since January 1 Basis of 100-Share Lots STOCK YORK EXCHANGE the Week t Dec. NEW Sales for Friday ■ . Dec. 3 Dec. 2 Dec. 1 share per Thursday Wednesday Tuesday Monday Nov. 80 Saturday 2011 1% Dec 15 3% 23'4 Jan Dec 19 Feb Dec Sep "19% . Dec 60 26 Oct 45'% July 142% .Dec 76 Va lan Sep 39% Jan 12% 3114 Dec 13% 9 -16% Nov 10 149% Dec , 2 18'4 Jan 13% July 16-% Jan Apr Jan 162 Jan 22 Sep 741/a Nov ■■ 130 *124 19 19 *124 130 181% 18% 130 *124 - *124 18% 6% 27% 27% 27% 27% 27 27.14 21% 27 %•; .27% 20% 20% 20'A 20% 20% 201'8 20% 20'A; 20% 20%/ 20% 2,0 % *9% 10% 10'A 203/4 *3% 20 % *20 , *9%' 20% , "3% *9 3% ■ 10 *20 , *9'% 10 20 20' "314 "3 9% 9% .*9% 20 • 201# 20 700 ' ~3% *3% 5% 13% *13% 1% 2 3 ' , *5% 5% *13% 14'A *13% 1% *1% 5% • 3% '514 ■ *5% . - 1% 1% 3 3 '33/4'"' • 'A 14%: 1% * 5% 3 " 1' 31a- it 10 7% 7% 10' 9% 9%' 19% 19% 18% *3% 19% - 3% %3% 11+ 8 19 19'A 8%. 8 8 10 9% 10 -19 ' ""8 10 % 191a, 19% ,S . 730 10 ■ ; 3,700 19 1 % ■ ••4 '-•;•■ 32 \ 32% 23 23 • 500 21% < 900 19; 28%' 29 ' 23% 22% 22% *164'A ' 23% - 23% 23 *22 vz 36% 3'/8 • 4 3% - / 22% 22%- • 22% *164'A • 30% 22'A 2214 23 22% , 16514 170 36% 36% 36 36 363/2 *2% • 30 301% *22% " 170 *164'A 170 3% • 23 22% ' 22% 165 165% 36% 32% 31. *22-3,4 37 105%' . 37 x21% • 2% 3'% *2% *2% 2% 2% 2% ;*2% 23 *20 *100 *12 11% *102% 105 107 *100 12 / - 12% *103 105 *103 *102% 21% .•*19% 20 It 12% 105 *102% Elec Master --7% May- McCall preferred $6 1st cum 12 Stores Corp— " 111# .11% 1,800 McCrory Stores Corp 1,600 McGraw *102%;, 105 " , 5% . .100 —10 /___No pat —--No par —1 ——1 __»100 -j preferred cpnv 17'/* Dec 29% 13% Jan 22 11 Feb 14% .2714 Jan 28 19% Dec 31 300 8% 8% *33% "l% *6% *100% *109 6% 104 *100% *66 69 56 *55 6 5% Dec 12% Apr 0% *56 104 *100% 104 *66 6% 6% 69' 6% „ , 4)1'a ; 26% 27% 27 *4% 5 . *66 59 , 09 ' *55 69 *55 : 27% *27 30% *27 58 27 31 30 30 29% 26% 26% 26 »A 5% 51% , , 17% *19 173/2 . 191% 171# 19% 17% 19 V# 17% 17% 17% 18% 171.2 26%: 20 'A *19'A 20% 20 54 54'A 54 *107% 108 107 111 107 54% 107 107 »/4 *10914 111 *109 1'4 111 54'A 2% 2% 2% 2% 2% *59% 6U% *59% *13% 13% 13% ■' 1 3% 3% ' 17 17 81 81 791/2 '*114 115 *114 118 ' *118 115 • *107 Dec 1114 7 " Dec 17% 6 x20'/a Dec 32% Sep Sep 6% Jan 6 3% Dec 12% Jau 28% Jan 108 108 115 ;* 118 111 2% 2% 61% 14. 3 3 21 6 Jan 81% .'80% 80% *113% 115 118 ' 118 107»/2 ,. 107% 118 8% 3% Nov 22 *31% 36 'A *31% 33% H'A 13% 131% 131'a 9 '/2 9% 9% 9% 11% 11% 11% u'/2 li% 11% 22% *22 ,. 533/2 *51 22% 2% A 2% .; *2% .,■3 .. 107% 3,300 Monsanto ; .$4.50 ■ 80 *5914 / • Ill 111 5% 5% *32% V 34 1614 59% ' 591/2 • *22 2% ; •/' ,34 33 3/8 111 *110% :• 34 *31% 15% 59% 111 5% 5% - . 22 2% 15% -6 103% Dec '4 13% 9 34 Feb 341'4 Nov 23 109% Dec 25'2 Jan Dec 9 % July Dec 6 : Jan Aug 37% , 26% 91/4 Dec Nov Sep Sep Apr 109% Jan Dec 108 Jan 7Vi May 103 1514 Mar 24 Feb 3 54 Jan ^2 6 Oct 29 Oct 77 July Aug 33% Oct 24 614 Dec 13 21% Feb 29% Sep 14 Feb 30% Apr Dec 37 Jan 24 4% 9% Dec 13 Alar 17 18% Nov 12 23% Oct 13 Max'12 — May 18 82 71 Dec 273/4 May 3Vb Feb 33'% Oct "7 30% Jan 16 7'/a Jan 14 Apr'15 Apr 28 Apr 17 Nov 9% July 70'/a Mar 72 Sep 110 Dec "32 88% Apr'30, 10814 Nov 16 35% Jan' 2 " 5714 Nov 16 103% Jan 19108 , Oct 9 ■ Xl07% May 19 I7'# 57% 834 % A 1% 1.2% No par —— —1100 Dec 86 38 % 125 Dec 34 Jan 17% July Nov Jan Jan " 105% 1% 45% 112 Deo Dec preferred— Ma^ 15 '110 May 8 112. May 7 1021^ Apr 28 ' .23% Apr 24 No'par 1— series B-L-v——No May 21 Jun'26 Apr 28 Jan 2 Jan 2 Feb 27 par ,-No pat Aug 26 Oct 1 36 131/2 2,050 1,600 Motor 13 50 Essex: & Morns 9% ,61* Jan 2 97b Apr 23 Co„„- 20Vi Aug 27 No par Wheel Corp——— —5 900 Motor 400 Mueller : 900 Mullins Mfg Co class B— ' 11% 11% Corp-1 Products 10 ;■ "22 : 2%' *, 2% ■ 22 59% ,111 ,55. „ *110% 5% 5% *31% 33 in *57 32 - . '•'•' - -, 2,700 200 33 *311% . 110 r 5% 5% 2 50 " 11 % 49 108% ' 434 30% /—1 —.No par Munsingwear Inc' 1—No par Murphy ,Co (G C) —_4 —--No,par '41*% preferred—— -1 100 Murray Corp of America, —10 Myers (F E) &'Bro——No par 900 f Brass — $7 preferred———— 900 111 Ill - 5% 32 ■ 16'4 59 16'A ; 59 ' 111 5% : 16 16 2% ■ *53% • ; Oct 24 111 3'4 67 14% 1V4 ' Nov 10 Mar 4 Nov '7 Oct 9 52 Jan Oct 117V2Feb 10 120 . Oct 26. 110% Jan 6 " 34'4 Dec 3 42% Mar 12 Jan Dec 79% July Feb 15 3/2 »/4 Oct 1 1 Oct July 3% Dec ., Aug Aug 12% Dec 17% 77 Feb 94 112 ;Alar 118% Sep 115 Mar 123 Aug 108% Jun 113% Oct 7 Jan -91 ~4 3/4 9% 43a Oct 24 18 Oct 26 /• 66 —10 Cheinical Co_1 Morrell 9% - , 55 59% 5% *32% 16 9 Va Nov 6 25 15 28 27 Jan: 2 Jun 24 21 Montg Waid & Co Inc —No par (J) & Co—:—w—No" par 8,800 • . 13% . 9% 11% *52 53% 15% 111 5% 143% May Dec 5 —10 • preferi'ed series C_ $4 33% /,, *31 13% . 22 3 53% 15% 107 Deo 12% 10814 Jan ' 9% 11% 22% *2% 53 3% 59% Dec 8 6 101'/i Mills—-——^-20 Carpet ' preferred . 210 107% •107% 1 ' *15% 16'A 60 90 25 21 Apr 7 par _100 preferred series A Mohawk 8114 ' • 7% 1,200 115 ■ 33% 1314 ': >*; " *15% 28 5 No par 1-1 Corp— Mo-Kan-Texas RR 2,600 121 3434 ■■■ 11% 11% 22% 2% *51 53% *51 Jan Deo Jan 24 Sep 2% 15% Nov 14 ' 22% Dec 27 Nov 12% Oct 100 Apr Nov Oct' Nov Jun 94 ' *22 1 10 56% 8% Moline POwer Impl——1—1 Mission -. *113% , 118 *31 13% 9% 36 Dec Aug Dec x6% ,64% 65% 20% 4% 2214 —-IOO $6.50 preferred— 400 700 17 *118 115 ' 33% • 9% 13'/2' 13% • Sep 176 Jun 40'/# Sep 31% 5% , 1st preferred- cum Minn 1,900 ,3% >/17,: '■ '"80 •107% 34 33% 13'A *31% Co_ 4'4c/f preferred series C " 34'/s 9% ... 3% 17%' 9% 36 Co—No Trans 171 7 : 28 Dec 24'/» Alay 13 46'-a Jan » Afay 21% 14 Minn-Honeywell Regu-_——.No par 4% conv pfd series B—,w —100 2,000 . 1 •*% 314 3',a ' *31 1/*.. in" ia ;;*i7*" 33% 34V'8 & Min 19 32 '/a Dec 7 V* Jan Copper 100 .2% 60% 14,,. 17'v *113% . 108 108 33% 34% 34 conv Machine 110 170 " 14 81'A . 118 108 ' 1 —— 11 4 5 24V* —_——5 5 -Mid-Continent Petroleum—12% Midhxixd Steel ProdNo par 16% 1,700 108" *110 16% 80'/4 *113% . 118% • Jan 14 19 (Tlie) L—1 1st preferred^—_—50 Miami 500 "■ 50 60% 14 % 3 16% 78J/2 •;'•; 3% 1134 Oct 13% Dec ' 2'a " 14 % 3 3/4 16% 80% . Jan 109% Nov . Mesta 4,800 " <59% 2% % 3 3% 3% . 17% ; *107% 5% 900 •108 ■ 111 <IIOH 60 'A 14 • 118 20 107 '4 107% *59% . 14 i;i m 1 *% ■ 5'A 2 preferred Co Merch ' *% 17% ' 3,400 *106% 55% 56% 55% 111 2% 60% 13% 1% May Dec " 2% 61 % 13% ',/ Mengel 1,200 . 17% ' 108 107% 55% 107 *10914 111 *59 'A Jan 2% " 107., 107 54% -54'A 107% 107% 108" 10 514 17% 20 " ' 26% 5% 19% 18 *19'/2 107 107 107'A" 300 " ' 107 % 3,800 31 la .5% " 5% 31% 26% 5% 5% 200 27% \ *26% . ' 4% ; *4% , 32 26V4 5% 26'A *5% 32 30% 27 *"• 5% , 27 '2 *20% *26% 27 5% 4%, 4% *29% 30% *26% Corp ■•• , 2814 28%- 29 28% 5 27 271% *27 27% 28% *4% 5 5 5 conv Co Sep % 5 26% Jan Apr: 17 9% Jan —-.100 ——No par &6 preferred series A—No par S5.50 pfd ser B w w ; —No par Melville. Shoe Corp_— —1 1,000 ' *66 .58 28 27'A 27% 27% *4% ■ ' 6% Mead . r ' 55% 55% Stores Dec 7% Aug 101 May 20 *'■ 5% Jun 1 ;—,.100 preferred—— McLellan 900 , 104 *100% ' 4,800 , 53/4% 6'. 2 6% 6% 6% | 4% 16 V2 .12% Jan 6,% Jan 3, 27'2 Oct 13 Mclntyre Porcupine Mines*.——5 McKesson & Robbins Inc .—.18 1,200 13% 109 Sep Aug July 21 176 14 Dec Nov 25% Nov —1—1 — Jan 31/2 Jan 2 29% Jan No-par Elec Co— McGraw-Hill Pub Co 500 33 % 13% *108% . ■ 8% ' 33% 13% 109 6% *6 58 *66 56 69 *100% 104 • 33% J.3% . *108-j *6% 69 6 *8 la 109% *109 . 24 ,23% 8% *33 13% *13% ■ 6% *100% . 6 6 6% *66 *6% 6% 6% 104 *6 131/2 109% 333A' 33% 33'% ' *109 109% '-• 9 33% 231a *8% 9 Jan 138 Feb 15 16% Jan 26 " 23% 23 »/4 *8% 9 V# 131/8 H'A ' 12% 13% 109% . 34 33% 34 13'A ,*103 8% 8% 23 23 23 22% 2214 23 31% Dec 27 6 '4 Jan - 23 Nov 4%Jan 30 19% July. 28 162 ' Apr 20 "■ 31 Apr 29 l'V4 Jan 5 : 133b Sep 24 76 Jun 2 9 Mar 6 10 May 12 997a Aug 21 —No par preferred^ 5 Aug 31 19 - , par Stores— Department $3 107 12 —-No preferred 100 35% 5 May 2 11% May 18 par —1 — Wks Maytag Co 600 * Co Apr 1 —5 Corp Alkali Mathieson • 90O *100 12% 111.1 11% 105 1. , 107 ,*100 12% 11% 105 . 22% 107 12% 11T4 11% 11% 11% 11% ■ *20 12 107 12 *19% 22 *100 24 107 12 22 : 2,200 2% *19% 2% . 37%"* '37'/.% 37% ;• 2,200 30 " *100 1,500 ■" *162 ',4 ■ • : 6,300 " " 30 29 28% *23 *3% 37%- 23% .2% May 22 25 Midland Marine X32 2 21% Jaxi % Mar 27 2% Jun 4 Market St Ry 6% ,pr preferred—100 4% Jan 2 Marshall Field & Co—1——No par • 8'/a Apr 17 ■ Martin'(Glenn L) -Co—1714 May 20/ Martin-Parry Corp .No par . 31# Sep/4 Masonite' Corp_. !Vo par 22% May 1 1 8,200 IS ". ' m • —No — Maracaibo Oil Exploration 1,700 3 la ,J Bros Manhattan Shirt . ' 4 4 Mandel . 100 ' ' 8 9% 4 ' 100 14%' " 7% 7% 7% 3 3 1,500 c%; , 11a 11# 3 , 3 ■ *14' " 14 % *i4 3 % li-4 • ■ " 9% 19 3% , 13% ,1% 3 1% . 6 *5% 13% *5 . /• ' par Macy (R-Hi Co Inc_ 100 , Inc— 19 27 131 124 —No par Madison Sq Garden —No par Magma Copper —10 Mahoning Coal RR Co____„/___50 .Mfinati Sugar Co_j..__.—a —.1 9% 20 20'% 2 No Mack Trucks 12 Jan 35% Jan 1 Apr 27 27 Dec' 2 17% Apr 30 9'a Nov 6 20 May 4 300 Nov 27 -100 a 3,000; ,27% % preferred- 3.200 28 27% 15'/# Apr 10 &* Forbes— MacAndrews 700 130 •124 130 *124 130 18% 18% 18% 18% 18% ... •; M ■. ! 1814 1814 Sep 241/4 Dec 39 % Jan 35% Dec 43% Jan 29% Mar 25 21 I'# Dec 30% Aug Oct 20 Nov 9 Jan 20 5% Deo 12 Jan 9% Dec 17% Jan 18% Alay 24% Dec "11 , 12% 25% ' 3 '4 1% Sep 11 Jan 20 Jan 2 -63 Feb A Jan 7 16'4 Dec "4 May 6, 69% Jan 6 Sep 18 . : 111 Oct 27 Jan 2 6 V2 Nov 6 Jun 2, 39% Feb 7 46 4% July Deo 74 Feb July 15% Nov Apr 74% Sep 4 Dec 8% Jan 34 Dec 51% Jan 1% Dec 19% Dec 3 Dec 9% Alay 61 % N 3 3 *3% 5% 6 5% 3% 3% 3 % 6 5"% 6 23% 14% 223/4 15 *22% 22 % 14 3,4 15 23 1434 23 » *3 C 4% 4% 4% 8 8 8 8 8% 8 % 83A 8% 8% 7% 8% *8 15% 153/4 16 163 15% 163 153/4 161'% *14% 15% *14% 15% *14% 5% 5% 53/4 5% 534 16 "162% 166 15'% ' 83/4 *8 8% *8 Va 8-1/4 15% 5% *163: 164 15% *14% 5% 164 15 15 - 8% 1 8 'A 1 % 31,200 v 6,700 163 •' 6% 15% f 100 conv • < 18% 18% 18% 8% 14% 7% 7% 6 183% 8 %. 8% 14'A 14 8% 14% 7% 7% ■ - : 5%- ,. v. 5% :• 5%" 5 '/a :5% 11 A 1% Nat "Silo Biscuit & 9 3/4 9% 23% 9% 24 9% 16% 16% *15% 5% 5% 5% 17 8% 14 7% 60 64 59% 3A 59% *63 6434 3% *3 6% 8% 2% 3 6% 6% 6% 9 7% Dec 11 Jan Jun 16% Sep Dec 1,600 1 9% Nov 21 7% Feb 10'/# 71% 7% 10 7 7% ■ 5% 17 51/2 *934 <10 9% 23% 24 24% *16 »/2 5% 14% 14 % *162% 138 14% 8 353/4 *35 2% 2'4 2 17 17 - 5% 534 18%* 18% 18% • '• 2,300 • 7% C 13 Nat . *35 36 2 2% 4% 11% 113/4 58% 59% *58 '/a 603% 64 3/4 *64 64% 6'A 3% 6% 3% 6% 8% 8% 15*1% 15 »/4 *14% *73 74% *73 74% *74 74% *73 »qq 42% *39 42% *39 45 814 *14iA 8% 8% 491/2 49% 4 4% 3% 11 - 67 67 • 12% 13'/# v 8% 8% *-14% 15 'A 74% 42 : 26% 26% 2514 9% 9% 9% *109'A — 2514 % 16% 16% 16 16'/8 96% 95 95 see 25% 25% 26% 9% 9V8 93/a 91% : 7% -preferred A—; C% preferred B-. '' 5,700 f • 2,400 » National Supply 12i/« 4 1,600 60% 60% > 800 64% 2% '6 6% 9 15% ! 9'% 153/4 qq 2,200 * 1,900 1 74%' 1 3934 *73 *1093/4 , No page 16 *941/2 2015. 93/4 9 9'4 16 34 15% 16% 16% 16% 96% *941% 95% *943/2 95% ■ •; 25% 18 Nov 6 11 Dec 20% Sep 8% Jan 93 "5'a Jan 'H'a. 3% Apr 28 Jan 25 .60 Dec -.161/4 Jan Dec Jan 29 160% Dec 176 129 146 Jaxx 7 138 Nov 154 Jan .14% Dec 24 Ju„ 26 Feb 36 * 13% July 29% Apr 1 % Apr 2 28 16 ■ 17% Mar 17 Nov 36 23 2% 3 % Jan 5 Oct 21 42 612 Jan 28 4 16% Feb 25 8 54 : Dec Dec Dec "2 Feb Dec 7% Mar ■ . 68 ''2 Jan 7% July 1614 Nov 63 Feb 68 Sep 70 Feb 5 43 Feb 75% Sep 2% Afar 30 4 Oct 21 2 Deo 5 4% Oct 9' Feb 6 81/2 Dec 11'/# Oct 7 9 % Dec 4 6'/a Dec 97/# Aor 5 15% Oct 14 10% Dec 75% Sep 15 39% Dec 4 10 ' 5% Mar 11 Jan 70% Alay 26 28 104 Apr 27 Mar 10 a 6 109% July 27 41 Feb 693/2 July 31% 105 Dec Nov 22% Apr 17 30 "2 Feb 16 2214 —10 Apr 7% Apr 28 11% Jan 12 5% Apr i—1 16% ' 19% Deo 6,400 N'port News Ship & Dr Dock ■ 94% 1 —No par Jan May 19 51 Newport Industries $5 conv preferred , 45% May 22 Newnxont Mining Corp, 300 Sep 1214 168 2,500 800 19% 12 6 , ■—1 58% Sep 17. Pa _No par 5% preferred series A—,—.—100 5 • Mar —A serial preferred—100 Mar 72 . May par (J J) Dec 5% Nov 145 4 May 14 9% Jun 10 conv 3% 2 .11% Apr 9 i, 934 26 16% 94% Apr 10 $2 conv preferred 40 53%% prior prefeiTed -100 6% prior preferred-,——.—100 National Tea Co. —No par Natomas Co —No par Nehi Corp ———No par 4%% t 17 _—-_25 Newberry Co Sep 28 Mar 17 No par Neisner Bros Inc 600 Sep Sep 43"% May 28 (The) 8 26 •' *25'A v . ' > 70 ; 1,400 6% '• " *14 74% - 3 9 ' •' • 41 — 'Nat Mall & SD1 Cast Co 4% 643/2 10 9% Jan , 24 (17-3s Apr par 100 ——-100 49 % 3% 26 preferred—_ —No 4va ■' '121/8 . 64% *73 26 Conv National Power & Lt_„_ National' Steel Corp ,. • —1 Gypsuixx Co——. 49% 4% *1093/4 25% Stamping—— „No par 6% Sep 8% May „!0 .—No. par ' 9 *94% footnotes *109'4 & v ,i—. Jan. 11 —No. par National Oil Products Co 6,000 ■ — - 1,500 t 2 2 50 *39 - Nat Enanx $4.50 •3514« *343/2 2'A — Go J. National1 Lead Co—— . "40 14 % ' 14% : 36 11% ' 6 6% 6,200 Register preferred-^-, National 280 : 138 138 ' 141/4 61 3 3% s* *162%. 165'4 61 *64'A C ']'o ' 7,400 13% 11%- * 400 5% t 67% 141 14'4 173% < Cash Nat Distillers Prod—— 3,300 53/2 5% *138 143% 300 - 17'A 17 138 491/4 *2% 10 241/8 1 165'4 43/4 11 *9% 23% *162% 49% *64 9% 24'4"' 165'A 4% *14'A For -66% X49 % 15% *109'A Jan 9% Apr 14% July 3% *14% *109% : Dec 12% 138 *62% 173/2 Dec 17 *136 *59% Dec 3% 10 7% Nov 23 138 4%. 12% X 15% Aug 25 *134% 11% 27 . 9 *134% 493A 21 2/ Jan 4% Jan 165 3/4 4% Oct 5% Nov 16 12% Apr. 23 Sep Jan 175% 160% May National Dept Stores—--— —No par >162% 11 14 *6% 1653% 4a% 166% Jan '7 '/a *162'JA 11% 1 2 138 4% 5 May 16/ 30 1653% *11% May 140 18% 12 3 ^ Apr 24 % *34 3 13' 100 11 • Dairy Products—r— —No par *1623/4 214 Dec Nat 13% 36 Dec National' Cylinder Gas 18% 67 49% Dec 6% 13% 8,400 13 *34% 5'n 23 17 3,000 66 % .',2% Jan 4 9% Oct 5 8% 133% % 9 81a Dec 16 141a 67 2% Jan 8% 12% 49 Jan 7% 141/4 *65% ' 233s Dec 9% 13 2% Dec 2% 14% 67 49 % 13% 9 8% 12 3/4 14'% 26 51'4 Nov 14'4 *65% •14% Sep 19% Oct , 93% 13% 36 23 % 14% 183% 67 14% Jan 9 13% *34 14 3/4 16% Oct 3% Jan 5% July 2 . 14 18% 67 *14 — x 20 93/a 18% *934 *15% 5% 53# J a xx. 24 Oct 7 29V2 Nov 141/4 18% 24 24 / 19% Nov 16 ' 23% Apr 6 % May Corp— -.No,.par —10 i— Share 2 10 Co— preferred—^..^4. Bond 3% July 14 6 27 13% May 26 —5 National/Can Corp: 2,500: 16 l2 May . Inc". Cox*p--.- ' • 3% Jan • 3' prefeiTeda!—— Aviation National . -100 —1 Acme-Co—; National 1 400 *15 Louis- L Nat Automotive Fibres 1,700 ' 15% : 16 163 *• National 2,300 i 1,000 ■ 8 '4: 8% v 15% 15% 16 *163 153/3 4% , 1% Jan par —.5 Corp—— Chatt & St. Nash 60 ' - 4% 4% 8 3/4 8 Nash-Keivinator 12,200 r Liquidating Co——, —No ^Nabco 1,400 i /' 15 'A 15% 4% ' 4% 8% ■A 6 *21% ' V23'4 22% 15% 4% 5 161% 22% 3% < '*5% ■ 15 14% *3 ' '• • - 6 5% 23% *223/4 14% 3'/s *3 • 6 5% 5 5 3% 15% 94'a 25 3 109 2 Jan 2 106 Va Alar 17 79% 45'/# 110 31% Fee July Dec Jan Jan Jan THE COMMERCIAL & FINANCIAL CHRONICLE 2012 Monday, December 7, 1942 NEW YORK STOCK RECORD S per I per share I per share Dec. 2 Dec. 1 Dec, 4 Dec. 3 . Range Since January I NEW YORK STOCK On Basis of 100-Share Lots EXCHANGE 26 25 25 25 243/4 243/4 243/4 26 25% 25% 11% 11% 11% 11% 11% 11% 11% 11% ll7/8, 12 11% 12 *12 Ve 12% 12% 12 % 12% 12% *i2ye 12% 12 12% 12 12 36% 37 36% 37 36 363/4 36 ya 37 37% 38 373/4 38 *14 % 15 15 15 15% 15% 15 15 15 15 y4 5 *4 5 *25 *4 >12% *65 *12% ■ 65% 85 *% l'i 1 % *1% 24*% *12% 66 90 24% 24% % *1% *24 % 66 24 15'A ■'.5' : *4 14% *84 90 *84 *15 5 *12% 14% 66 85 *4 65% ' ... 25', 68 Ve 1% 1% 13 6 10 3A 36 51 6 25 100 .24 y0 SI *23% 24 % 4,700 1% 1% 1% a,500 fff '/a :% 400 193A 3,000 23% *213A .% 7 ,No - preferred— non-cum 50 .. N Y Lack & West Ry Co.— 2 Feb 110 Feb 109 Feb J8 Jan 6 45 Jan Dec 15% Jan Deo 183/4 Aug 47% Aug 24% Jan 8 Sep 8% 23 5 Dec 4% May 18 Oct 1063A Dec 112 Jan Jun 115 Feb 8 Apr 110 26 42% Dec A Jan 3 li Oct 10 a3* Jan — —100 % Jan 2 23 A Jan fN Y Ontario & Western—_ ,.100 Ve Jan 14 27/a Sep % Oct 3 iV Oct N Y —1 Jun 3 303/4 Jan 2 23% Deo 33 - Sep 15% Apr 29 233/a Jan 7 19 Dec 32% Jan 1N Y NH & Hartford— —!.100! 3 Jan 15% Feb Deo 7 157/a Jan 12 May 20 23% Dec -100 26 6 80 preferred—.—.. No par N Y ii Harlem RR Co——.. .—..50 10% Jun 10% Jan 2 4 May 25 12 3/4 Apr 15 61 May 22 par 5% 500 Highest f per share Feb preferred series A— —.100 NYC Omnibus Corp—. No par 240 1% 23% '*% „ 5 12% Oct 17% Feb New York Dock—/•—. 95 % 24' 23% % U, 32 % Feb 6% Jun 24 11% Jun. 11 Brake.,-.,, 6% ; *84 , $ per share 23% May 21 1,300 , Year 1941 t per share % per share Lowest .No par 2,800 *64% 95 ' ■ 1,100 ' 5 *14% 643% *84 New York Air Range for Previous Highest New York Central———.—. „No par N Y Chic & St. Louis Co.——100 2,100 100 14 643/4 90 Par 28,000 , 143/8 14 66 65'% *4% 43/8 *4% 143/s *84 24 : Lowest Shares I per share t per share 9 per share share Friday Thursday Wednesday Tuesday Nov. 30 ;Nov. 28 STOCKS Sales for the Week HIGH SALE PRICES LOW AND Monday Saturday 54 60 1% *13/8 ,1% 7 Conv preferred ' * ' % -?« 19%, : 19% 161% 161% 160 160% 112 % 112 % 112% *112 9% 10 51% 10 9% 51% *50 *50 10 9% *92% 7% 6% 9% *107% 107% 106% 15% 15% 15% 15%, 35% 34% 34% 513/4 10 93/4 92% 92% 7% 7% 73/8 107% 106% *106 % 107% 7% 106% 16% 16 16Va 35 34% 34% 23/4 *2% 3 *2%. 3 *28% 30 *28% 30 *28 % 8 a; 8% 10% !' 23/4 Mar 10 100 . 10 39 -50 39 —1 9% Nov 30 14 -50 85% Apr 14 2 4% Jan 96 .100 140 tNor States Pow $5 pfd 16 4,100 35 100 Northwestern *2 3A 3 400 *28% 30 800 Norwich Pharmacal Co.—*., Apr 31 *283/8 8 .8% 8% *8'/a 3% Apr ;'10% 10% 10% 10% 10% 107/s 10%, 10% 26 26 3/s 27 27 27 y8 27 27 Telegraph—. Jan Jan 20 Feb 9 3% Oct 14 10% 107 Dec > Dec 7% Jun 14 Jan 40% 34 Jan 58% Jan 57% Jan 17% Jan 98 Sep — 8% Aug 113% Nov • July 10 34 , 33A| Dec 2 38 20 Deo 93 Jan 17% Apr 50% 1 Mar Dec 50% X 2 18 73/4 Sep 2.50 215 119%. Oct 31 31% Apr 27 1 Deo 6 Jan Jan Feb 9% 27 110% Sep 16% Dec 14 par -50 —— 8% 8'/a Northwest Air Lines.!— -No Jan Feb % 109 9 8% NOV 2 8 Norwalk Tire & Rubber.—— ZFo par Preferred -50 30 *28% 100 —No par *15% *34% 2% 53 Oct 1% . 179% 52% Jan 26 Apr 25 Apr 29. Northern Central Ry Co—. 10,000 106% -50 preferred series., 11% Nov North American Aviation- 60 7% 53A% 192. Jan 14 ,116% Sep 29 6% Mar 31 Northern Pacific Ry—... 8,300 92% 8 31 Mar 26 108 -10 16 % 2% 1 3 143 .100 preferred— 35 *34% 16 400 1061/2 106% 16 y8 *32% .100 Adjust 4% North American Co—— 6 % preferred series.; ;. 23,700 7% -7% , tNorfolk & Western Ry—... 30 92% 93%:: *92% •' ■ 93/4 10 97/a (' 9% 93% 7 19 .—5 960 9% *51% .' .52%: 513/4 *50% 52%, *50%. " *92% ' : .7 *2% 8 *51% 513/4 106% 93% 160% 93/a ' Shipbldg Corp part stk Noblitt-Sparks Indus Inc.. 113 *112 9% 513/4 *50 91 158 1603A ,114 '■/ x93/b 10 51% 52 *22 22 y8 9% 513/4 51% 53 *22 23 193/a 20 160 112% 10% *34% V8 19% 19% 19%/ 114 93% ' 19% * A Ve 164 ' 7% * ■ 161 55 10 %' *112 50% *92% % *21% 10 % 50% 19% *21% 163% 164 115 *112 *51% '* ' 22 22 10 .%; 19% 19% *21 Ve Aug A ' ' Oct NOV 8A Dec 23'4 Jan Deo 27 % July Oct 6 10% Jan 6 11 Nov 9 6% Feb 10 27% Dec ' 21 3 133/4 Feb 23% July Dec 10 133/4 7% Deo Feb O 10% 10% 25% 25% 25% *3% . 10% 3% *67% 67 .67% *3% 3% 16% 16% 27 *45% 47% 50% 50 3% 26% *26% 49 *45'/a 26% *45% 49% *8% 9 *8% GVe *53% 6 >20 22% 28% *27 28% 46 50% *45% 8 5% 6 *201/4 22 >20% 13% *12% 13% 13% 13% 1814 *ioy8 12 % 11% 11% *12%. 23 y8 22% 23 22% 22% 22%: 32% 32% 32% 32% *31% 32% *17% 17% xi7% 17'/a .17% 93% .93% *91 92% ,17% 92% 146 145% , 133/4 ' .■ 6 87/a 1,100 Pacific Amer Fisheries Inc 150 Pacific -10 30 22 ; 13"% 13% 121/2 *121% 223/a 221% 223/8 22% 32% 321/4 32% 32 32y< 800 ,17% 173/a 17% 17% 17% 17% 1,100 91 92% *13 . , 91%; *146 *91 146% 93 *146 300 13%" ; Pacific Co.i—— Electric—— & / 6% 3% ' 3% 3% 3% 33/8 33% "3% 8 % 8% 8% 8% 8% 8% 23/a 2% 23/8 24% 23% 2% 2% 2% '23% 23 % 23% 241/a *7% 2% 73/4 IVe 7% . : 104% 104% 101 163/a *115 Jan *14% 15% 8% Jan 16 Apr 28 7 Jan Dec 33/8 3% 31/4 3% 4,800 8% *8% 87/b *8% 83/4 900 2% 2% 23% ,22% *6% "'7' 2% v" 2% 23 /? " 2% 24 ."'.'7V.': 104% 105 *6 7% 116 117 Va 12% May 4% Apr Sep 7% ; 10 Nov 25% Nov Oct 8 15% Nov Nov 19 6% Dec 11% Jan" 17% Dec ,28% Jan1 26% Deo 40 9 11 Feb 19% Aug 2 95 Dec 126 Jan 147% Apr 163 Aug Nov 12 19 Oct Apr 25 101 Jan Apr 148% Nov 9 Nov 19 4 Jan 104 7/8 7 Packard Motor Car 12,200 104% r::' 1%' / iy8 1,800 104% 2 • ' V/6 1% Panhandle Prod & Ref 1% 33% i 16% 16% *1143/4 117 % *14% < 15% ■ Faraffine Cos 700 351/4 101 VV 4% 16% 115% H51/2 conv .1% 26 261% 163/a 16 1 % l3^ 1% 26ya 26 3/8 26% .1%. ■ 26 *16 16% 1 2 9 Oct 21 4% Dec 7: 93/4 Aug 2 3 Oct 14 1% Dec 3% Jan 11% Apr 23 8% Jan Jan 28 1 26% 400 6% Park *14% '■ 15% 16 . *15% ■ 16% 1% VI %/ ■: \ 27 No par :.... .100 preferred— 26% 16% 16%. 1% *1% 1% *1% 1% 1% 1% *1% 22% ,22% 59% 22% 221% 22% 23% 23% 24% 25% : iy4 i., .100 & Tllford Inc___.— ... Park Utah Consol Mines—. 2,700 4,900 263/4 •16% 26 59% 59% 60 *591/2 *58% 60 74% 74% 75 743/4 *58% 74 *58 -743/4 74% 2% 2% 2% ' *l5/a 1% 3 ■ 36 *12 14 *103% 31/8 1% '' 7 1% 1%*34 13 13 '■ 3 36 *32% Parke *12 75% 34 14 / !. Davis & Co *19 Parmelee Transportation..^..No 14 14 *12 106 3/4 1% *31% 1 ■ *1% 45 2 Ve 26 34 22 22% 22 221/4 19i% V 45 : *19 45 27% . " ""% Feb "lTi July • 8 10 123% Oct 8 95% Jan 2 14% Apr 14 7 24% 17% Mar '2 Penick 4,400 Penney 9,300 Penn *19 19% 19 19 1 % 44% iy2 . 263/4 44% 44% 20. 44 3% 44% 200 13,900 '/ft: 451/4 f 2:V;>V. 100 20 45 - 2»/a 27% *l'/4 27% 27% 27% 263/8 4% 4% 4% 4% 4% 2 2 *1% 27 ■ 1 Coal & Coke Corp.. -10 : 1,800 " Sep 431% Mar 54% 80% Jan 5 73 89% 4 Dec Sep 3% Aug 1% Deo Sep 15 1 3Va 2 Jan 21 44 Jan 21 34% Apr 52% July May 15 4 15 Aug 12 108% Feb 27 11% Dec 17% 11 Deo : Dec 25% Nov 2 17% Dec 23% Jan 6 20 Dec 25 5 36 3,4 Jan 54 16% July 36 % Jan 25V'4 : 5 39% 19% 40 *4% 401/4 40 40 393/8 39% 39% 401% 20y4 19% 19% 19% ' 201/4 20% 21 *23% 24% 5% 53/a 243/4 *233/4 24% 5%: 233/4 23% 53/8 53/a 5% :' . 5% 22% 36% 71 *108 2 2% Oct 6 % Dec 2% 6 28 Vs Dec 1 18% Dec 30% 26 7% Jan 24 43/4 Dec 11% 60% Dec 38 May Jan 2734 Oct 7% Apr 7% Jan 100 tPeorla & Eastern 26% • 24,600 Pepsi-Cola ,■ Co.— -.1 400 Pere Marquette Ry Co .100 4 *7% . 105% *109 8 ■•70%: 10%. 71% 22 ,100 36 Apr 28 513/4 Feb 7 41 400 18 May 26 29% Jan 24 17 5 27% Jan 7 21 6 Jan 13 5% Dec 6 Jan 5 43/4 Dec 15% Mar *23% 24% 200 51/4 / V'V. 5/ ■ 51/8 1,000 53% 5% 100 *5 36% / 66 105% 110% 10% 70% 104% 105 Ve 1051/8 109% *108 10% 71 *108 ■ 1043/4 109% 41% 3 *7% *70% - 7% *7'/b 79 *7% 7% 7% *70% 79 *701/8 9 62 • : ■"> *2% 9 " *169 170 4 4 4% 4% •58 9 *140 18 *7% 79 - *5 5% 9 18 323/4 Jan 14 23% Dec 35% 40% Jan 14 35% Dec 47% July 703/4 Jan 30 69 Dec 91 Phllco':' Corp.—...——3 7% Jun —10 55% Apr 12 6 72 Deo 107% Mar 23 105 Mar Philip Morris & Co Ltd..; Preferred 4%,% 600 f ; 400 v. : /•; *140 --''4 170 , *2% 18 3% 61% 6,600 61% 18 18 > 100 *61% 4% 61 23% 62% *147% *1% 8 *58 *3% > 37/a : 31% • — / : *147% *17% 2 *61% 63 77/b 4% ■51/4 60 8% •8% 51/4 *58 , ■Z' 162 175 .5% 59% ^% y2 23% *62 63 4 4'/« *4% 4»/a *4% Jun 75 Jan 110 Nov 9 Jan 5 433/8 Nov 2 9A *61 5 24 Vs 63% 59% 18% /■ *1473/4 1% , 734 7% *147% 1% 1% 12% 13 .18% t'fe 12% 18% 18 3/8 v ■ ■ 1% 12% *17 . 24% 631/4 7% *1473/4 1%. 12% 18% 1% 12% *1734 ' 18 3/i — *1% ' , 13 r 3% Nov 28 1% 16 X 38 %i Feb 19% Oct 14 3 58 preferred.——.—No par Jun 165 430 30 5%% 37/tt ; 68 10% Nov . i 200 . 174 ; 5% Jan 14 3% 4 .'4 4 ■' '■ 3% 3% 18% 18% 183% ,17% 18% ; 6y8 6% 6i/a 6 '/a *63/a -.7% *61/8 *24 7% *24 25 50 5iya *119 493% 120 11% 71% 11% 120 73 113/a *23 49 120 11% % 7 25 49%' 120 11% 6'% , *6'% *23 49 120 11% 87 100 112 115 25% 6% 7 25 49% 120 11% 61/8 : *6% *23% 491/4 *119% iiyB 4 •17% 15% .6% 6% 7. *61/4 25 *23 % 49% 120 491% *119% 11% 11 15% 6% Jan Oct 75Va Jan. 6 Dee 15 164 : Mar .164 25 153 July 22 July 22 - Pressed' Steel Car Co Inc—.——.1 . 5% 49% V 120 3,800 320 i 11% 7,100 72'% 71 72'% 71% 72 72% 731% 72% 73'A 1,890 84 851/a 843% 851/a 85% 85i/a 85% 85% 1,030 99 111% *114 26% For footnotes 97 *109% 98 111% 98 110 983% 110 98 981/4 110 1111% 1151% 25% see lll»/2 *1133/4 115% *113% 115% *113% 253% 25% 25% 25% 25% 25% page72015. 1151% 26 97i/4 973/4 650 109% 110% 360 . *113% 115% 253/4 25% , . 2% Sep 21 14% Jan 28 18% Oct .14 16 100 11,900 conv Procter 2d preferred 5% pfd (ser of Feb 1 Pub Serv Corp of N Jt$5 preferred.— f6% t7% preferred.^ preferred 5 .—50 No par & Gamble '29)—100 -No par ...—No par ...—100 • 100 ...100 8% preferred.. Pub Ser El Si Gas pfd $5 No par Pullman Inc. No par . •••: A May 133^ Dee 15% Jun Teleg Inc preferred—No par 5% conv 1st preferred—— t 243/4 Postal 3,000 , 24 Jan 8 3% May 21 7 9% Jan 2 5% Jun 7 22% Jun 10 Feb 17 Feb 16 9% Jui) 3 115 , Jan i Mar -1% July 17 July 21 Jun July Jan 5% Jan 13 33/4 Deo 4 43/4 Feb 3 5% Dec 13 Va Jan 3 6% Dec 13% Jan 21 , Sep 8% Jan , 8% Jan 6% July 42 9% Jan 51 Jun - 7 14 Feb 11% Jun 24 No par 9,200, , v 6% • Deo 65 70 5 .... 4, Jan, 43% 26: Pond Creek Pocahontas——No par Poor & Co class B 1,800 85 97 112 115 15 711/4 ' 99% 3% 3% 18 84 i/a ' 85 50% 120 11% . 25 6 ey8 *6 3% 18 Feb 7% Feb • 18% Oct 181 Dec Jun -1' Jan 166 Mar 24% 3 . 15 Aug 1 .45% 62 ■ Oct 21. 33% Jan 153 pfd—100 ,Jan 10% Jan 26 k 27 6% Jan 84 33/4' Dec 6% Jan ;5, 2 Jun , (The) ————No; par Plymouth Oil Co.—, 1,900 163 Jan 8% Jan Dec 6% DeO 6 Feb 25 58 1st ser conv pr pfd—..100 Plttston Co , Feb 19 175 Jan -7% 46% - Deo .64 165 May 23 May 15 July 23% Dec Dec 4% Jan 21 20 Pittsburgh & West Va——-100 , Pitts Young & Ash Ry 7% ; 4 2% Dec 3% July 52 Dec 13 27 5 6% Jan , 27 7% Apr 29 165 V Feb 19 . 4% Sep 29 38% Oct Aug July 46 V4 ! Dec Nov 3% Aug 10 1,400 . 12 y« 18% 3 47% Apr 28 ■. 12% preferred————....100 9 77 65 Pittsburgh Steel Co!—.——No par ■; 7% preferred class B——100 5% preferred class A—.^—100 500 , l7/a *173/4 _ > •'7% *147% "l% 15% Jan Sep 4% May 2 ; 3 May 25 26% Apr 24 4% July 2: Jan 110%, Deo 51% May 35% Feb "V 25 Pitts Screw & Bolt-———No par v„ - *62 ■,7*>/4 May 600 v: *57 6 Apr 27 May l3/4 Feb 12 Va 89% 8% May 27 Oct Jan July 16 80 16 2,700 4%: 5 59% 23% 63 4 V >5% *57 , 43 Pittsburgh Forgings Co.— —1 Pitts Ft Way & Chic Ry Co—100 7% preferred.—v/—...—100 20 y(. V '.Hosiery.——,—--^—*——® $5 conv 500 ,*169 30 Pitts Coke & Iron Corp..—No par 20 *140 175 8% lOO • 60 9 *140 *57% 60 ■ ' „ . 1% 12% 18% 11% Nov 3 24 May 20 6% May 12 65 Pillsbury Flour Mills.. 25. Pittsburgh Coal of Pa—.—.100 400 51/4, ; 300 *30% *169 170% 4 ot 23% ■/., *7% 13 33 103 Preferred ........——.—...100 1,100 > .-3% ' *73/4 series—., Phoenix 40 * 31% *58 60 9 3% 423/a 31% *5 5% . *8% 170 4 ■ 4% *59 61% 4% % 98 100 ...100 series Phillips Jones Corp ....No par 7 % preferred—-—.—.—100 Phillips Petroleum.. —No par • 3% 31/8 32 *58 . 7 1 1 ; 7% 42% 61 61 183/8 3'/8 *169 4 *4% ,60 23 y4 23% Dec , 1 Apr 27 ' 3% *59 9. 22 79 *70% : 42% *2% 3% *30% 60 42% 61 18 3/8 33/4 323/4 ■ *83/4 170 42% 42% *140 .. *169 *601/2 •5 60 9 7 *140 *2% 61% *303/4- 51/4 60 : 3% 17% *33/8 3% 32 *5 ■/■ - 42% *60% 173/4 *3% • 32 5% /. *60 42% 61% 17% 3% 31 / *5 ■ 61% 18 3% 31 % *2% 7; 3%' 61% 17% '■ 42 413/4 3 *60% Mar ' 8 79 >70% 42 Apr 28 5 • 49 " . 4 ..5 No par 28% Apr 109% I *108% Brewing Co tPhiladelphia Co 6% preferred—.50 $6 preferred———..No par ; 103/4 70% 1043/4 Petroleum Corp of America Pfelffer 19% Jun No par — Phelphs-iDodge Corp..———i—25: 67% 10% Pet Milk Co— Dec 740 23% 36% 68% *70 — 1,200 22% 37 10y2 : preferred— 80 23 36% 71 5% Jun 17,300 22 *67% 1,71 1051/a . v 68% 10% 71 *109 233/4 5% prior preferred 940 5% >"/' 22% 710 20% 36% 10% . . 40% : 20% 36% 69 • : . *393/4 -V *671% 363/4 105% 110% *7'% / : 79 10% *70 *5 :• *5% 233/4 53/8 5% 22% .. 69 1051/4 110% , ' / 36% . 69 10% 1053/4 22 36% 71% *105% 5% 5% 22% 36 X69 71 . 5% .22% 72 *10% 10% , 5% *5 22% 36% *68% ... 19Vst 7 ■ *5 5 .. 39% 19% *24 ' 5 *4% Apr Aug Sep Aug July May July 46% Jan ' *43/4 Jan Aug 112% Mar 1083% 2 May 18% Jan .100 , 2 Apr 20 104 .100 : Dec 1 2 -.5 Ry Co Jan Dec 60 15 4%: *1% Jan 1 14% , 30 -50 Peoples Drug Stores Inc. Peoples G L & C C (Chic) Apr Jun 32 . ' 20% Dec Jan 1% Jan Cementi...w-^/*.-No" pat .—No par No par .100 preferred "Pennsylvania Apr Jan 30% Dec 1/4 6% Oct 2 Dec 14% . Dec 18 Dec 6 1% Nov Jan 115% Feb 29% Oct 20 2 56% May 1 1% Apr 14 No par . $7 conv pref ser A Penn G1 Sand Corp 5 % *19 28 »/8 *1% 27% 44% *19 Co 44 par Penn-Dixie %/■•;'' 22 (J C) :_No 800 14V:;/':; 22% Ford— 200 1% *1063/4 221% 22% & 1 Jan 16% Dec Feb - 2% Jan f6 Mar 20 106 May 29% Jan 133/8 Jan 37% Dec 17% Oct 29 13% Aug 3 —: -10 Enterprises 19% 99 17 par Patino Mines & 500 ; 35 ■: *12% *106 34 400 9,400 31/4 y'V/3.:\V 35 . 78% 77% 1% , 1% 25% "59 V';. 59 31% *31% 22% 221/4 19% 45 Jan 19 19% Apr 1 par 2.50 _! Parker Rust Proof Co 200 16% 1% 25% V. 771/2 3 1% 1%. *12 * *106% '/" 34 ■ iy2 753/4 31/8 ■ *1% 1% . 61 ;. 3 33% 333/4 *106% 22% Dec 10 Nov 143/8 Oct 28 1% Jan 2 1 No 1 22% 19% Jan Nov 35% Dec 101 6 113/4 Apr 24 100% Apr 23 1 1st preferred. Mar 90 ' 1% , Apr 7% 23/4 Oct 2 20% Apr 105 • 10 24% Dec ,6% July 16 101 Sep 28 —1 Inc.—: Paramount Pictures Inc 7,300 16% 15 *14% / *98% 101 117,1/2 *115 35 351/2 *981/4 16% 163/8 15% *34 101 ' 1% 1% . Jan 6 1% Jan par Airways Corp— —3 ii Transp—. —5 Panhandle East'n Pipe Line Co. 100 Pan-Amer Petrol 570 104% No 4% 1% Mar Pan American 200 ■*;. Dec 5% Jan Pacific Tin Consol'd Corp——. -.1 Pacific Western Oil Corp—... -10 32.700 231/8 *6% 1% 4 ' *1% 33% *98% 1161/4 *14% 15% *14% , ,33/a • *8% 32% 32% *98% 101 16% 16% 16% *115 26% *16 : Jan: 16 34 "4 Oct 52% 24% Nov 12 5 27 3 121 26% 56% 7% Apr 1% Apr 8 22% Apr .100 Jun 38% May 8 15% Apr' 28 13% Jan Sep Jan: Jan 150 21 9% Apr 27 " Jan 45% Dec 27 6% Oct 41/2 Apr 27 ' 1% 26% , Jun 3. 253/a Oct 6% Mar 27 173/4 9% Dec Mar 28 54 6% 140 30 48 Jan 104% Feb • 321% 16% 117% , . *104% 105 2 *1% 101 *98% 16% 7% 2 >1% 32y4 33 *98 y4 24 105 104% 2 *1% *313/4 : 7 Nov 26% Nov aoo preferred—., 17 July Deo 2% 143% Sep 30 28 Jun 16 par Pacific Telep & Teleg— 240 54 4% Jun 29 26 ! Ltg Corp——!.i.No par No 9 Jan 2 43% Apr 25 42 ..25 Pacific Mills 100. V; 146 % 145% 1461% Pacific Gas 2,500 *9iy4 , Coast 79 2 Mar 20 Xl6% Apr 1st preferred———,.^.No par 2d preferred No par Pacific Finance Corp (Cal) -10 iso 137/a 12%: 22,% 13 132 —5 61/8 ■ Jan 2% Apr 28 11% Mar 12 : Outboard Marine & Mfg.—— 5 Outlet Co——i.No per Owens-Illinois Glass Co— 12.50 46 22 59 12 6% Jan 2 ' ' . 6 22% 100 5,500 29 *8% 8% 22% 2% Jan ... 50 3/8 50 6% Apr, 29 Jan 2 :; 17 , preferred A —100 Oppenheim Collins —No par Qtis Elevator—No pat 6% preferred—..—. —100 20 *32 146 *145% 145% 8'/4 *5% /. 213/4 133/4 18% 146 ' 8% 6 22% *20 8% *5% 49% 8% 800 2,600 — *273/4 *451/8 503/a -• 16%, 46 50 r.' 16% *140% *45'/a 46 210 ' 3% *26% Va 28 6,200 *3% 16% -A / 16'/a *140% Ohio Oil Co...—.—.—No par Oliver Farm Equip— No par Omnibus Corp (The) .—6 3,700 69 y2 *68 3% 3% 33/4 16% 22% *13 68% 50% 8% 83/4 *53% 68 11,800 4:i -,,43/8 4% *140% _i. 50 50'A *3% 16 16% *140% 4 69 y4 68 3% 16% 16 141% 37/a 3% 67 67 3% *3% 4%' 4 : 68 % 141% *26% 3% • 15% *140 26 26% 3% 7 - • . 3; 29% Jan 523/4 Oct 21 122 Oct 16 14% Jan , 8 21% Dec 50 Dec 115 Jun 8% Jan .13% 11% Dec , 40%, Jan 61Va , Oct Sep 120 July 29% Jan 863/« Jan 14 110 Jan 73% Mar 31. a:99 % Jan 14 Dec 123% Jan 79% Mar 30 111 Jan 9 106 Va Deo 137 Jan Mar 30 123 Jan 6 117 Dec 111% Mar 19 116 Oct 8 28% Nov 20 114 Dec 158 V4 Feb 117% Oct TO3/* Dec 29% July 62 99 Mar 30 203/4 July 2 . 75% 92 Deo THE COMMERCIAL & FINANCIAL CHRONICLE Number 4131 Volume 156 RECORD NEW YORK STOCK S I per share x9% 10 97'b 974 9% 974 9 74 10 share 9'/a 974 9% % 100 92 400 *89% 90 90% *8974 90% 90% 90% 9074 9074 13% 90 13% ' 9,700 105 *9074 13% 13% '13% 13% 1374 13% 137b 13% 13%" 10% 10% 10% *9% 10 % *9% 10% . 100 13% conv 100-Share 1 Range for Previous Lots S per share Apr Lowest 107a NOV 103 % Nov 19 9174 Jan 20 97b Mar 11 14% Nov 9 8 1074 Oct 26 -No par Ifighes* t per share 28 90 7a May 13 8072 Jun 17 100 100 Year 1941 Highest 7 No par preferred Purity Bakeries 1,000 of S per share Par • Pure Oil (The) 6% preferred 5% Basis Lowest EXCHANGE Shares *103% 105 *103% 105 *103 105 *103 106 *103 103 103 9 Range Since January On STOCK NEW YORK for the Week S per $ per share I per share I per share share per I Dec. Dec. % Dec. 2 Dec. 1 Sales Friday Thursday Tuesday Nov. 30 Nov. 28 STOCKS HIGH SALE PRICES Wednesday LOW AND Monday gaturday 2013 S per share 7 Feb 94 Mar 107 7a Dec 8374 Feb 95 74 Aug 87a Deo 12 ya Oct 87i Apr 1274 July 9 x 12 Dec Q *10 10% *10 1074 >10 10 Quaker State Oil Ref Corp 74 Mar 11 R 4 >4 4% 4% 474 4% 474 4% 474 4% 4.74 4% 4% "'56% 57% 56% 5674 56% 56% 57% 5774 577a 5774 *57% 5774 1,000 "83 90 90 *83 90 "52 20 547a 20% 20 *19 7a 20 874 700 8% 1,000 87a 20 preferred Raybestos Manhattan.— Rayonier Inc $3 preferred. 100 20% 54 *52 19% 19% 20% *19% 6% conv *8% 874 874 874 874 8% 874 26 25% 2574 *25% 25 % 25% 25% 257a 2574 *25% 25% 300 *1472 14% 147B 1474 14% 14% 14% 14% 14 147a 1474 1474 1,800 * 27% 26% 26% *26% 27 27 300 4% Dec 47a Jan Nov 13 477a Dec 62 7a Jan 25 88 Apr 25 85 Dec 88 Deo 2 Apr 23 3% Oct 26 2 Dec 37. Jan Oct 23 — 4 % = 2d preferred. 257/2 26 % 23% *22 72 3% 374 3 % *62 68 *62% 68 20 20 *18% 19% 10% 10% 10% 70 '/a 70% *68 % 70 % *45% 47% 45 74 45% 70 *6274 70 19% *17%. 19 *16% 20 130 *17 *6 1074 71 *44 4672 14% x 96 *96 97 *96 *72% 74% *72% 5% 5% 574 5% 14 *96 977a *96 *72% 7474 *72% 74 574 5% 57a 574 867b 867a 61% 61% 6% 674 84% *62 % 84 % 84% *84% 85% 85% 85 74 6274 6274 62% 62% 62 62 6% 674 674 6% 6% 6 74 6% *7872 79% 79% 5% 5% 5% 574 5% 22% 2274 2274 23 22% *33 35 35 6% 2,500 180 4 1,200 22% 17,900 10 36 7 774 7% 774 874 874 *8% 874 6% 574 674 *5 1974 1974 1974 19 7a1 19 74 1974 11 11 11 117a 1174 11% 1,000 77. 100 *874 9 674 *6% 674 6% 19% 19% *874 10% 10% *10% 11 11 11 46% 46% 46 74 4674 46 4674 *4374 29 29 28% 28% 27% 28% 2774 % 46 *4374 28% 2774 28 2774 28 74 a9, % *% 74 *374 5% *374 *8 974 % % % *% ft % •3 % 5% *8 97'b % . 37% 377/2 % 74 107% 10774 3874 38 974 1974 1974 20 94 93 93 38 74 *37 *927/2 37% *114% 114 *62% 64% *62% 6% 32% 32% 16% 15% 16% 2% 27a 15% *1% 1% 1% 16 1147a 115 *112 7a 115 74 % % 77 60% *57 7% 6% *32 1674 *9% 5674 57% 774 7% : *62 7a 64 6% 6% 16% 16% 2% 2% 2 *1% • 17a 6074 9 9 7a *974 *567t 7% 6% *32 3274 Xl6 1674 ■16 274 16% • Silver King Coalition Mines.—: 600 Simms 100 Simonds Saw & Steel— *110% 1127a 1127a 16 16% 1674 17% 18 187a 13% 13% 13% *13% 13% 13% 137a 13% *15% 161/4 15% 1574 16 16 % *1774 167a X1574 1574 157a 974 9 74 9% 2% 2% 112% 2% 2% . 15 15% *110% 9 2% *15 15 112% 97b 9% 2% 2% 20% 20% 20% 2074 20% 20% *124% 126% *124% 12674 *124 % 12674 11% 14% 14% 14% 33 7 a 33% 20 20% 1174 1174 1174 14% 14% 14 32% 3274 44 4174 41% 2% 2% 2% 2 % 274 2%' ■ 50 *36 22 *21 274 *2-% 23% 247s 23% *33 34 34 *54% 5474 54 54% X34% 36% *33 % 34 109 35% 33% *108 7-2 *10874 48% *47 48% M7 *112 *112 4% 9574 4 96 "4% 95% 2374 24% 24% 24% 24 2474 i5,100 34 34 34 3474 34% *53 54 *52 54 3574 34 *33 74 109 *108 74 95% 4% 6,400 35% 590 3374 200 10 *4674 48 1 7b :. -. 947a • 74 *74 ft 3*2 32 ls/s 1% 1% 1% 17a 17a 9 74 9 - 48 — — "4%: 4 94% r, 74 l3/4 9 37b- 33% 4 74 9 190 *112 1% 32 174 600 35 *94 1% 95 *94 v , 108 741 108% 3374 109 *112 *112 ~4% *4674 4874 *47 3% 35% 35 35% *32% *108 74 — 54 *52 3 74 3 3% 3 • 3® 1% 1,000 300 34 4% 2% 21% 35 48% < 2,200 50 109 *94 7B. 2% *21% *3274 *47 *2 2 7b 100 *38 3% *112 X95 % ~4% 34%' 3,200 *274 27a 500 ft ft 3,200 1% 1% 3,200 *8% 9 400 $5.50 preferred — Spencer Kellogg & Sons 7% 7% 7% 774 77b $6 cum prior preferred 24 24 *223/4 5774 57 57 5674 7% x77t 774 7% 400 23% 57 77a 774 2,000 774 2,500 $7 cum prior preferred Starrett Co 3% 4 4 4 4 57a 5% 57« 5% 57a' 5,000 579 57a 5% 57a. 9,100 Studebaker Corp 50% 49 7t 125 *125 374 3% 14 *13% 374 * 174 1% *11 12 24 126 174 11 *23% 5 *47B 21% .22 X21% see 126 50 125 374 374 3% 14% 14 7b 14% 174 1% 1% 13/B 11 11 24% 247a 247a *4 7B 5 217a page 3% 3% 14 74 174 2015. 217B 5 21% *11 24% *4% 21% 5 174 *11 217B 37b 14 14 11% 25% 4974 126 *125 125 374 11 24 footnotes *125 50% 14 3 8 14 *4% For *49 - 257a v 17B 49% *125 3% 13% 174 500 49% 700 126 90 33/4 2,000 14 1,700 17b 11% 10% 25% 25% 2,200 10 7B 257B *4 7a 5 *4% 21% 22 2174 5 21 7b 500 ,* 1,600 u* 3,200 874 9 Dec Nov 477a Nov 20 42 May 28 34% Jan 27 27 Jan 2 fK NOV 9 A 7a Jan 3 IVb Sep 22 Jan 7 7% Sep 23 5 Jan 2 2972 Apr 32 104 Jun Dec Oil Co Class A Sep 30 44 Jan 3 23 110 Jan 3 197a Jan 3 , 22 Apr 47 Sep 106% Dec 113 Jun 12% Jun 23 Sep 87a Sep 35 x 15 Apr 177a Oct 23 79 Jun 94 Va Sep 16 38 Nov 9 31 Dec 39% Sep 1097a Aug 17 116 Jan 10 1067a Jan 9 113 Ya Jun 11 ft Feb 10 7a Jan 74 fx Mar 21 1 7b Sep 26 74 Dec 74 July 20 1174 Dec 17 Apr '3% July 28 May 15 257a Apr 107a Apr 23 174 Sep 16 Dec 17 Nov 1 3% Mar 24 1097a Jun 115 >4 Mar 107 Dec 112 1% July Jan July 43 7a May 6 62 7a Nov 30 497a Dec 7874 Jan 474 Jan 2 9% Nov 4 47a Dec 1078 Jan 8 Apr 5274 July 6 6 77a Dec Jan 6 487a Dec 7174 Jan 7% Nov 21 8 107a Nov 37. Apr Nov 17 517a Feb 7% Nov 14 1474 July 28 60 66 3074 May 21 35 10 7b Apr 24 167a Nov 9 2% Jun 30 11% May 6 4% Jan 14 16% Dec 2 % Apr 14 Aug 27 Dec 4 Apr 1574 July 28 9 Apr 15 1374 May 18 6 7b Mar 11 57. 59 Dec 40 Jan 107a Jan 16% Den 2 Dec 5 Jan Dec 21% 174 Mar 24 1 Nov 27a Jan 9 22 Oct 3074 Nov 18% Feb 357. Nov 11% Jan 114 Jan Feb 257b July Jan 9 15 Sep Nov Feb 4 13% Feb 187a 9% Dec 4 77a Dec 1074 July 17 17a Dec 27a July 2% Jun 15% Jan 16 13 Feb 197b 1774 Jun 27 2674 Jan 26 x13 Jun 237a 1227a Nov 20 144% Jan 27 120 Aug Jan X10 Dec 137a Sep 8 Jan 1474 Aug Feb 19% Jul, Feb 367a No* 217a Nov 10 9 74 Apr 20 127b Jan 5 2 187a Nov 4 127a May 20 2 18% Feb 5 117. Oct 13 197a 39 1% Nov Dec Mar 277b 29 507a Mar 24 150 Aug Dec 167. 1474 Apr 23% Jun Oct 112 Dec 6 Jun Jan Feb 95 17 10 Sep 32% Apr 1% Mar 14 Nov Dec 6% 237. Mar 377a Oo«; 1 May 2 Jan 6 2 Dec 6 7a July 60 July Aug 24 53% Oct 6 59 July 30 Mar 69 177a Apr 28 24 Nov 6 177. Dec 22 2174 Apr 28 31% Jan 6 277a Dec 30 Sep 28 37 Mar 24 277a Apr July 39% July 38% July 49 Mar 16 60 Jan 3 54% Aug 60 47a Jan 6 27a Sep 17 457a Jan 14 38% Jan 6 11 497a Jan 6 114 Feb 6 2 110 Jan 8 67a Jan Dec 577. Jan 3174 Feb Dec 111 407i Aug 1177< Aug 477a Dec 48% Deo 3% Deo 67b Jan 8 Jan Deo Dec 347a 3 8974 May Jun 108 1137a July 174 Jan % Nor 7# Dec 47b Mar 87. Dec 2174 Mar 1074 Dec Apr 28 1374 Jan 287b Oct —25 20 Apr 28 277a Jan Nov 12 33 Nov 23 33 Dec 487a Aug 34% Jan 16 29 Dec 40 Jan Oct 23 61 Dec 66 Jun 1 1 1 No par i_ cum). Sunshine Mining Co Superheater Co (The)— Superior Oil Corp Superior Steel Corp ^ Sutherland Paper Co—1 Swift & Co Apr May 8 217b Oct 78 Jan No par Sweets Co of Amer 7a 6 July Apr 98 12% Apr 5 ...No par (The) pfd (4%% 3974 July 7i Feb Dec 17a July 4 , 10 97a May 19 Dec Mar 14 Stokely Bros & Co Inc Sun Jan Nov ft 2 574 21 1474 Aug 48 7« Jan 6 Stone & Webster 5% 50% 13% Nov 18 :— L S (The) 57a *48 7a 14% May 197a Mar 20 19 113 Sterling Drug Inc 10 Stewart-Warner Corp———5 33/4 49% Feb Sep 3 7a Oct % Apr 25 27b Oct 57. May 14 117a Jan 32 40 5% 49% 23 24 37/b *574 Dec 7 6% Nov 28 *5% 5% Apr 2% 9% Nov 6 307a Apr *374 574 Feb 6 ' 30 2574 Apr 57b 574 774 127a Aug 97b Jan 25 4 5% 15 25 *374 5% Jan Standard Oil of Ohio.; X53/8 5% 9 Standard Oil of New Jersey 672 6% 537a 45 4 *3% 125 24% Dec 27 14 14 14 23 6 43% 577t 49% 2% Apr 29 —No)par No par No par Standard Oil of Indiana.— *24 27 —No par $4 preferred 14,000 58 Jan —No par Standard Gas & El Co 263/4 24% 54 1097a Aug 10 No par 2674 57% 9 No par $4.50 preferred 267a *24 Jan Jan Jan Dec No par No par Squibb (E R) & Sons $5 pref series A 267b 57% July 107. 227a 23 9 26% 247a 95 Dec 4 27 Apr 407a Apr 267a 24% Sep 15% July 27% Jan 20 1 267t 19,700 2,300 80% 34(4 16 24 25% 5774 23 2774 Jun 26 5774 Deo 19 574 Oct 29% Sep 257s 247a 757. 8574 Jan 10874 Jun 26 57 7. Dec 9 preferred——No par Conv $4.50 25% *24 6% 29 Square D Co__ — 1 5% conv preferred— —100 Standard Oil of Calif Z 5 20 ——1 No par No par Sperry Corp (The) 1 Spicer Mfg Co. ■—— —No par $3 conv preferred A —No par Spiegel Inc —— .2 Spear & Co 1,500 4374 8% Jan 37a Feb 14,700 3774 Apr 3 9% 367B 60 5 26% 4374 20 24 97a 43 5/b Jan 74 May 22 174 Apr 26% 37 Apr Sparks Withington——No par 10 3674 Sep 97 34% Jan 2674 43 129 3 100 Ohio stk tr ctfs *974 36% 25 7.50 —No par Southern Ry *—No par 5% preferred—-—..-—,—100 26% 4374 15 Southern Pacific Co.— 9 74 36% 15 5 ———100 preferred 27 43 Jan 129% Mar 147a '10% 36% Jan 11 5 107b 437a 97 Dec 47a 6 *83A 36% Dec 23 — 26% 43% Aug 77 674 Apr t c 107a 43% 96 157a Nov Corp— 27% 38 5 21 20% Jan Mobile & Jan ,674 Apr 28 preferred 10% 3774 Feb 97a July 23 1117a 26% 43% 1017a Dec 7% Oct 1007a Mar 2 10 Va 3874 Jan 28 267s 437b 227a Jan 10% *38 Dec Jan 263/4 : 1474 Jan 112 10% 974 Dec 2 19 100 27 9 74 Apr 374 29 10% 9 61 Dec July 10 26% *8% Dec 27. 65 27,000 .: Standard Brands..—. 95 34 4 108 — Southern Natural Gas Co.. 3,700 45 2174 *38 *108% 33% 109 1574 3374 50 34 5474 3% 15 3374 *40 2174 2374 34 3% 25,200; 34 241/4 3 27B 2% 50 *36 34 3% 3,000 1574 21% 22 24 11% 1574 15 *2% *2 11% 16 45 14 -100 8% 1174 33% 7t Nov 5 74 Dec 3074 Oct 23 Southern California Edison. 2,100 2174 50 *21% 30 1974.' 14% *40 7a Jan 49 3f% Nov X So Porto Rico Sugar——No par 2,800 12474 19% 33 42% 2% *36 33 *40% 274 22 % 15% 1474 3274 14 33 15% 1474 14 2% 14% 14% 124 74- 20 7t 11% 50 35% 124% 20 *2174 3 12674 11% *36 *54% 207a 2074 20 3274 2% *2% 197a 20 1174 *41 45 2% 1,100 20% 14% 31,600 - 67(4 23 $6 3,100 20 14% 974 Dec 19% Apr Smith & Cor Type v 2,300 2% 2% 53 % 27 Smith (A O) 15% 11% : 14% *40% 20 50 700 15 27a 7 8 3% Mar —No par Sloss Sheffield Steel & Iron 1,600 13% 12474 20 *12474 974 974 112% 1574 ' 70 7a Nov 20% Aug 26 Skelly Oil Co 20 15 2 74 15 20 20% 20 *11% 9 7a 9% 2% 15% *15 15% *18 10% Nov No par 10 No par Snider Packing Corp...——No par Socony Vacuum Oil Co Inc__: 15 South Am Gold & Platinum -1 S'eastern Greyhound Lines—5 700 1874 *11072 *110% 16 13% *110 12% Apr 86% Jan —/——10 Petroleum 1% 24% • Apr 77a 9 Mar 75% Apr ——.No par 1% *1574 9 7« - Simmons Co 13% 15 Shell Union Oil 2,100 7674 97a 6% May 20 — 6,400 27% 6% 2 May 20 274 2774 2 % May 13 16% *75 Nov 12 34 2% 7674 Sep 16 Dec 1 No par Xl6% 28 Apr Nov Nov 7% Feb 29 *22 % 28 7 Jan 27. 53 13 7 1674 16% 110 140 4,900/, Dec 22'/. Mar 11 29 174 *75 19 4% Apr 247t 7674 27 4% Mar 1% 28 20% Nov 54% Apr *2274 7674 30 No par 1% 28 Apr 1 8 No par 24% 7674 Oct 54 —No par *1% 28% 68 78% July 30 Corp_ *2274 28 30 15 70% July 3 4% Jun 22 —_5 No par 1 —No par Seagrave Corp— Sears Roebuck & Co.. Servel Inc 1% *76 3% Nov 13 Jan X9472 Jun —10 24% 7674 *75 24 ; *174 ■ Dec 374 Jan 274 274 1674 19% Shattuck (Frank G)„_ No par Sheaffer (W A) Pen Co—No par 100 2,000 16 19 16 Sharpe & Dohme $3.50 conv pref ser A__ 3,400 3274 *32 167a 2774 Aug 23% Sep May 28 X55 ' 13% * 100 62% 6% 674 67a 6% Dec Louis-San Sharon Steel 400 * 7% 62% 77a 64 *62% 64 . 6,400 57% 7% 7% 37,500 97a *5G74 227a 7 7b May 18 $5 conv preferred — 5774 15% 110 2 9 7B 1 9 7b 9% 57 900> 1,000 16% ; 59% 59 9 74 2% ; * 2 59% 7 % 74 167s 9% 6074 16% 16% % 3274 *32 32% 16 7a 1674 97B 9 2,600 ' s *22% 28 28 2874 *174 2 62% 10 % V4 167b % . 187a July 6 .-No par (The) Co 2474 247b 257/2 61 — ' :-v, 1 500 3774 3774 * 297. Aug 28% Nov 67b Nov —No par -No par 174 ' / 115 74 16 74 2% 2% 153/a *75 *112'% 16% *62% 64 x6% *27% 115 974 77 a 15% *24% *112 74 9% 32% *16 200 3874 Dec 1074. Dec 10% Mar 11 - 4,800 115 9% 7% 7% *32 1974 927a *3774 1574 9% 57% *56 7% 7'e 1974 *114 7a *74 9% *9% 9% 7% 7 6,100 927a 38 .. 107b 19% 115 % 440 • 94 *92 37% , 70 900 3874 '• 108 974 107a 1974 1974 94 a92 9% 9 57% *56 10 *11472 37% 115 113 *174 2 62 % 62 9 *9 74 *3774 *106 7a 38% 974 19% 1574 16 *1% 2 62% 8% ... 3874 10774 10774 ; - - 23 2 11 Francisco 100 6% preferred— 100 ISt Louis Southwestern—, —100 5% preferred 1— .100 Safeway Stores —No par 5% preferred 100 Savage Arms Corp 5 Schenley Distillers Corp 5 572% preferred —100 Scott Paper Co— No par $4.50 preferred No par $4 preferred No par ISeaboard Air Line— -No par 4-2% preferred —100 Seaboard Oil Co of Del —No par JSt " • 3 15% Nov 174 Jan Antelope Copper Mines st Joseph Lead 1,300 9 26% Feb 39 10 :— $2.50 conv preferred 700 5% *7 38% *92 % • 74 *74 Xl6 16% *1% 61% 74 . *3% 9 - Ve *% *15% % - 113 114 *112 74 . *114% *114% iie 115 *112 37% 37% 57a 9 108 974 10 10 94 *92 10774 107% 1974 ' 18% July 11 Rustless Iron & Steel Corp 4,200 f • • % *3% 5% 974 10 *J2 7a *3% 10 % 74 *9 20 10 *19% 74 74 % % 5% 38 10774 108 ' Dec 1378 Sep Ruberold ' 9% 9 3774 37% 107% : . 8% 1 'l * 16 6 Roan - 46 117b Jan 22 Ritter 300 1,700 *4374 46 2174 July 27'b Jun Richfield Oil Corp Dental Mfg_ 1,800 6 7a Dec 38 74 Jan Common 900 674 874 19 % 170 9 7% *19% 19% *34 36 *34 240 77a 6% 674 7 9 19% 35 2274 22 7a 227b 1,500 • 147b No par 100 100 Revere Copper & Brass —No par 7% preferred— 100 5%% preferred 100 Reynolds Metals Co — No par 57a% conv preferred .100 Reynolds Spring .1 Reynolds (R J) Tob class B 10 100 : 23 20 Republic Steel Corp 6% conv preferred 6% conv prior pfd ser A 40 ' 5% 5 7a 574 V 80 *79 7a 80 5% 23 *6% 7 6% 2274 8% 7 :• *8% 80 5% 22% 674 6% 6% 80 5% 5% *33 35 r 80 80 80 80 *33 35 '5% 5% ' 21% Nov 23% May 28 25 Reo Motors V t c 15,100 97% 74 64 84% 62% 147B 10,000 14% 99 5% 86% 14 557a 100 Rensselaer & Sara RR Co— 90 74 38% Mar 1172 Apr 1 Preferred with warrants 12 237/8 July :—No par — 10 Reliable Stores Corp . 74 74V4 62% 5% 5 5 7b 474 Reliance Mfg Co Remington-Rand 200 46 14 1374 99 74% *84 •*44% *96 1374 14 5 7* 447a 200 1074 Nov 7% Jun 100 1st pfd & Co 2,500 14 71 *70 71 447a 4% 474 107a 1074 *70 *69 96 *72 1074 (Robt) Reis 52 1572 Jan 5 -100 Hosiery 4% Nov 347is Jun 50 Preferred 6% *1274 14 *12 13 10% *6 67a *6 6% 13" Silk Real 150 4% 13% 1374 13 7^ *6274 45% 4% Reading Company 600 3% *3 374 *3 374 71 45% *2274 6774 6% *69 474 47b 4% 47b 23 10% 1074 1074 .*2274 13 *12 13 *12 13 23% 18% *6% 6% *6 6% *6 *12 28 *3% 68 18% *27 6774 3% *3 *62 28 *22% 23% *23% 2374 3% *22'/2' *26% 28 . 6 46 7a Mar No par .1 25 50 —50 1st preferred 874 "8% * . 274 58 Apr 1 100 preferred B Radio-Keith-Orpheum 800 54 *53 *52 9 6 No par $5 3 74 3% 37a 3% 3% 3% 54 *52 52 52 54 "19 Ve *83 90 *83 3% *3% 37a 3% 90 *83 90 *83 3% °3 V2 272 Mar 88 Radio Corp of Amer No par $3.50 conv 1st preferred—No par 17,200 100 100 No par 1 100 10 (The).. , 12 7a 25 23% Aug 42 Apr 5 7a Jan 37. Mar 4 Apr 3% Jan 1 24 2 8 7b Nov 9 4% Jan 16 2 Apr 28 116% Apr 13 43 61 6 27 6% Nov 20 674 Nov 7 55% Jan 9 2274 Mar 17% Mar 25% 257a Mar Feb 34 Ve July 467# Nov Dec Dec 87. Jan 37a May 6V4 Nov 4% 474 3% 50 Dec 87a July Dec 87. Apr 667a Jan Dec 1267a Aug 17 1177a Jun 126 July 14 3% Dec 9 Jan 21 Jan 3% May 28 5% Jan 11% May 13 157b Jan 9 1274 Dec 1% Jan 14 174 Dec 27. July 28 13% Jan 3 97a Dec 187. July 25% Dec 3 167a Nov 4% Aug 1 Jan 26 1 Apr 974 May 20 17% Feb 13 3 7b 20 25 3 Dec 1974 May 2374 Jan 57a Aug 25 Aug r Monday,' December 7, 1942 THE COMMERCIAL & FINANCIAL CHRONICLE 2014 Dec. Nov. 30 Nov. 28 9 Tuesday I per share I per share S per share S I share per 26 27 25% 26 26% 26% 26% 26% 27 19 V'j "19 19 19 19 19 V'4. 19% 19 Va 19 3 « 19% 19% *5% 5% 'ova * 5% *3 % 4 — 3Va 8% 8% 8% 8% 8% 8% 8% 8% 8% 5 Va 39% 39% 39% 39% 39% x39% 39% 39 Vt 39% 2% 2% 2% 2% 36% 36 3 4 35% 36% » *7% 7 3 iv 7% 7% - 7% 8 1 3 *2% 3 *2% 3 "27/B 3% 3% 3% 2% 34 % 34% x34% 34% 34% 35% 35% 7% 7% 7% 7 % *7% 7% 7% 35 *34% 4 4 % *4 *33% 34 *2% 3 *2% 3 2% 9 8% 8% 9 "2612 27 x26% 26 % 9 1 1% 1% 1% 14 Va 14 Va 14% 9 *3:% 3% ■ *32 >4 33% - 80 2% 9% 27/« 9% : Therniold . $3 Third Thompson Va *14 94% 95 28% 27% 28 27% 27% 36% 36% 36% 36 Va 36% 37 5% 5 9% 95 95 ■ 15 9 % 9% 95 05 95 95 94% 28 9 ' 9% *13 % 15 *14 14% 8% 9 Vs 94% Vb 1 14 900 '1% 1 1 % 1% 1 VB /' Thompson Prod.9 Inc. No,par 5,600 -ThompsoTi-Starrett Co——u_No par 200 / ' $3.50 cum preferred—. Nt par 3,600 Ti'de Water Associated Oil—_ —10 440 V .■ t$4'.50,coiiv preferred-i Nn.'par 27 *26 26 95% ' 27% 27% 27% 27% 38 37 38 37 Va 37 3 512 5% 14% 14% 15 15% 15% 16 16 16 *15 15% *15% 15% ' 1,900 12 11% 11% *11% 12 11% 11% *11 % 11% *11 Va 11% ; 200 5% 5% 5% % ' *68 " 5 1% 5% ■6 141/2 14% 14% 14% 14% 15% 14% 25 25 24% 25 25 "4 i/o 4% 68% 68 % 7% *6% 67% 7 401/4 40% x39% 40 7% 7% 7% 113% 105% 105 105 '7% 14% 14 Va 14% 14 Va 79% 80 79 Va 79% 78% 78 V2 78 V8 78% 77% 78 26 78 78 78 ; 900 2,200 . 700; 24 24% *23 34 24% 24 Va 25% 24% 25% 247« 25 3 c 24% 25% 12,800 93 93 % 92 7 « 92% 92% 93 600 / 18 • 18% 18 18% 17% 18% 17% 18 28,300 1,600 17% ■ *. 18 *54 *18% 20 D % _0J % 14% 13% % ■ Hi! 16 ; 55 *54 11% Dec 99% Dec May 20 19 *17% 19 D J!, 33 13% 13 % 7 Vb 58 * 5,8.00 13'a 2 Jan .60Dec 75 Jan 4 7 Va Nov 41?.', Oct 7% ,;Feb ;9Va Sep 11% Aug Jan 5 31' 9% May 24 16 % May % 6 Sep Dec 1% July Dec Feb 27 Va Sep 9 4% Dec 9% Jan 23 27% Dec 37% Sep Dec 12% Jail Feb 79% Sep Nov 78% Nov 2- 16 6 . .= 5 7 76% Dec 4 60 113% Nov 12 *111% Jan 115% Jan 6 106% Dec 112% Sep 9 11% Dec ; 16 9 28 May Oct NOV 10% Aug Pec 12 6 Sep ,17% Jan Dec - % 13 16 2. 6 100 Va Mar 24 7'/a Aug Va 6%.Mar 26% Nov ,2 . Sep 21 Apr 108 Jan 8 Nov 10 r 11'.e Jun / 2; 287'n Jan Jan 5 % I,' Dec 71 5 Vs May 16 par 51% Dec 12%-Mar 17 6 Va Jan 35% Dec 14 ; 2V« Nov ,7 4,. 21 V4 Jan V'4 Jan 108 ; < Sep 1 15% Oct 2 85% Nov 5 57% Dec 857/s Jan 17 81V2 Feb 6 73 Dec 85 V* Jan Tank 21 Va 24% Dec 28% Dec 10 California---— —_25 Co_. 1__—1100 l-•1O0 Cax,^.———j..—No' par 5 7o 89 Aug' Apr Feb 24 30, 3 4 y36% Jan 17 104% Jan . M 31 , July 44% Ja*i 5 18% Dec 7% Apr. 17; 9% Mar 10 Un Air Lines Transport,——-—. Biscuit May 23% Jun —-100 5 Co——l—No. par preferred——s— conv r 6 17% Jan 14% July 9%.May , 8% Dec 108% Dec 17. 17 Oct 113- Oct 16 55 J/4 Oct 104% Mar 24 preferred— _1U0 Carbon 'Co ——a No* par United-'Carr Fast Corp—i—No par United Corporation. —-^_No par $3 preferred——No par ' 38,00(1 n V'4 : 13% 13% 7 "16 30 Feb. J4 Feb 37% 6 5% Oct 74 % Jun United lOv) v 43 % Jan ;• 27% 5 34 Va Jan , 3 6Va Jun 11 23 35 Dec 52 Sep Feb 26 15 Dec 21% Sep 1 113% Feb ' 37= May 16 United 200 55% *173b % , Jan 9% Mar '■ ,United Aircraft Corp——,——.,5 • Jan 18 Dec 95% Aug 56% Jun 5'7r *54 13% ■ i, 113 19 *18 j'if 13% 13% 14 15% 113 *111% 54% " 54 Va 55% 20 *18% 113 *111% 15%. 15% .15% 15% *111% 55 % x55 % 14% 16 *111 % 113 ■ 113 16 16% 16 20 . % 24 '24% 24% 7 23 63% Jan Union ' 93% 24% Jan l%.Jan Dec - 9 % Mar 14 Pacific RR 4% 93% • Nov % . preferred- Union / . 24% 5 No par preferred——— i—100 Co——/..4.1 Union Oil of 2,800 ' 93 Va 55% 20 ( « 24% *111 % 113 *54i'2 79 24% 16% 16% 14 3 79 24% 17 7 8 17% *111% 490 104% 14% 79 *92 % 94 ■ ■104% 14% 14% 6 34 3%. Jun 1 10% Feb 8% Jan, City Rapid Tran_— pfd No par Preferred $4.50 series—-_'_Ao par Aug 95 Va Jan 2 Union El Co of Mo $5 60 X24 % 25 % 12,100 112 40 Jan 12 , No pat Col-,—No 30 Sep 5% July Dec Mar 28 Jan/28 7% May 15. Union Bag & Paper—-——No par Union Carbide & Carb— No par . 3% 7 J57« Nov 2 Cndcr Elliott Fisher - 3,100 x79 14%. 80 2d 2,400 ' 76 3 a 76 112 105 ' 7 34 60% 1% Nov 20, 2 1% Jan, -7% May Dec 9 4 /:200 i iTwin Coach , 38 27 Va Jan , 19% Jan. Twin j 210 1 78 14% 79% *93% 500 Mar 27 $1.50 preferred——__JVo; par 4,800 / -* 41 76 % 104'a 105% 104% 105 105 40 3 4 x7 % 20th Ceil Fox Film Corp3 11,900 • 7 112V4 112 14% *24 69% 1 "6Vu 7% X76% 76% 80% 78 68 3 4 40% 7% 113 *112 113 *112% 105 % 75 Va 75% 75 74% 734 ' • 80 3 78 25% >' •5 3 a »' 7 40 39% '7% 39% 7% *14% a 5% *6% n 39% 39% 113% *112 147a 47n Sep 17 22 Qo-ll^ii——Vii-lO Truscon Steel j, — ■ 7 7 7 7% 74% 74% 74 Va "112 1,100 (' 11% * 68% 67 67% 67 f 6 Va 4% . 3% Sep .14 , 3 31 Va May 21 $6 , 51 2 Jun 8 prtferred_i.%—1%—Not pat Truax-Traer .Corpj__%-j—-No, par 14% 1 .H Tri^Continehtat Corp—-t.—1 170 25 14% : 25% *4% 4% *4% 4% 67% 5 *4% 5 68% *6% •- 6,400 / *11 H 14% 25 l7o *6 . 11 ' 25 15 25 / : '69% / 1% *68 Va 6 Ml 25 63 % 2 69 11 Vb 5% *11 11 Va 5% 69 1% 1% 68 67 5% 5% *11 11% *11 11% "11 1% 67% 5% x5% 6Va' % 68 68 68% 1% 67% 1% 1% 1% "1% t 1,800 5 Va Dec Dec = 85 Traxisue & Williams St'1%1—No par "11% 2,200 3,400 5% 5% 5% - v Sep 2 27 . * 27?4 *27% Jan 44 Va 34% Feb u'un," .Tilly 10% Jun Nov 3 . Va Jjlly 14 ,14" Dec 5 32 Jun 2 8% Jan. Tlmlten Detroit Axle%— L-~— — ,.-10 Timken Roller Bearing—_—No par ' Transamcrica Corpl—i —2 Transcori-t'I <fe West Air Inc -5 " . . 5% 11 MarlO 142 5 2 Sep 7% July 6% Aug Feb ' 4% Jan 17% July 38% Dec 5% .Mar 20 9% Jan 15 0',4 3 Sep Dec 4 Va May 3% '24% Oct 23, 11 Jan 9% 46Va Dec 30 V« 7 7 30 Dec 2 .4 3% Apr par (J R) f Jan 41 —10 Transit Corp.._iVo Avenue Sep 34% Nov/30 2V8 May 20 —1 i. Apr; 28 Jan' ,2" 5 -100 — div/conv preferred 500 • > 1 28 Nov 8% Dec Nov 3% Jan Feb 6 10 8 / 5% ;38Va Aug Dec 34 Va 21 37% Oct . 7% No par Sep 7% July Dec •' 1 Va 16 Oct 3% Nov Aprt 28 No par — Co_— 800 2% *8% ■ preferred— conv Preferred— , 200 33% $3.60 The.Fair- 30 ' 36% 941/4 51 3% 25% 26% *26 1% 9' 9 9 9% 100 : 2% 2% 26 % 26% 15% 8 -. 28 40 Ma J'26 , , 3% May 20 Oct 9% Jan May 14 5 l Mfg Co— share 24 Va Dec 27. 1 Nov 4 28 —100 No par Texas & Pacific.Ry'Co _3% 36 7 Apr. 28 ' 1% "14 %' . *8%- 2% 9 Thatcher *3% 33 V4 2% *8% / 200 3'-a *49'a 51 200 Dec 5% Nov 24 11 Apr. 15 4 Va .16 Va 5% Jan 2 & Oil_i.—.—_10 Coal Texas Pacific Land Trust : 2,600 *32% 4 *32% 0 34 3Va *2% *49 % x4 4% 33 Va "33 % 1% 3 51 3 *49 Va 33 4% % 3 Vb 51 *49% 13,500 : 36 *2 3 4 Pacific Texas i 6% *34% 36 *34% 36 ;. 800 8% » *6% - 6% 3,300 ■ Highest I per I per share share 19 ',8 Dec Apr.20/ 7 Va per Lowest ; . 29% Nov 23 30 Texas Co / Apr 1 Vs Mar Tennessee 600 %9 18 % 18% - *6% 6% *34% ' 7% 18 17% 6% 36 *2% 3% 50 50 50 "4 34% ■ ' 7% .IT Mr 6% *2% 33a "2% 50 *6% 17 7% 7% ' 17%' 6% 34% 6% 35 7% 7% 17% *6% Xl7 18% *0% 7% 7% 8% 7% 18 36 3 4 32 — Corp_— ——.5 Corp———— —,5 (The)——25 Texas GUlf Produc'g CO——No par Texas Gulf Sulphur-,.-——No, par 10,600 3% 3% *3% -_9 (James) Telautograph 1,300 39% l—l Corp__ partic preferred——_—_50 Talcott Inc 400 334 8% 39% 3% 15% Aug 17 3% Aug 3 - 8% *3% 19'/4 Mar.IT international Ltd Symington-Gould 100 36 39% , .u S fear 1941 Lots Highest Sylv&nia Elec Prod's ItiC—J-No par 2,200 „ 5% *34 18 36 *34% 36 / 100-ftaare Lowest t per share Swift * 3,600 4 Va Basis of On V EXCHANGE Par 5,200 19% Vi 5 3 it 5% *5% 5% 5% *34% 36 *34% 36 4 4'ii 4% 4% 4% 4% *5% 5% *34% 36 "34 Vn 4% 4% 4% 4% 4% ■ 27%. 27 26r> 8 STOCK NEW YORK ■ Shares share per for the Week Dec. I Dec. ;t share per Range for Previous 1 ' Sales Friday Thursday Dec. 2 1 Range Since January STOCKS SALE PRICES Wednesday LOW AND HIGH Monday Saturday Jan. 27 oe 11 , 1 20 2 A.Oct 15 \ Dec 1 Va Jan July 28 16?b Jan 15 13 V4 Dec 30% Jar. 7% Dec 1 2% Jun 6% l3a Dec Jan" "•< 7% 7% 7% *3% 3% 3% 7% 7% 3% * 38 % 38 4% 63 % 102% *101 36 j 200 26% 261 63% 63 63 14 62 1% Apr . 6,900 United Fruit , 4 3 3% 3 4% *85 87 *85 *3034 32 31 31% 31 *4V4 4 *85% 87 29% • % 31 31% *4%. 34% 32 U ' U 530 33% 33')u 5% July Apr 42 Jan 79 Dec 30 3 60 3% Jun 1 Jan 16 4 % Dec 106 Va Jan 17 100 Va Dec 16% Oct 21 8 % Apr 27 2% Dec 5% 93% Mar 27 t r„_,i— 1 aia4 Apr 28 Papcrboard—*— — ,,10 S & Foreign Secur—, ^_No par $6 1st- preferi-ed—s.—No, par S Distrib Corp conv pfd——100 27« Sep 10 2 V2 Apr 17 77,'/a Apr 9 4% Feb 5% Nov 7 Feb 25 Sep Sep Nov Dec 5 Va Jan UJiited ; 51 May Feb 72 United Mer & Manu Incv 1,600 4% 3% 35 3 500 87 16 1 48 Va Jun Gas Improv't— No par preferred——,-——No par $5 % Sep 6 3% Mar 11 3% 203a May 25% Jun 700 v, ; 3 *85% 87 *85% ' 10 -5 United 28,100 100 .16 3 4% 4:% 87 4% *85 % *15% . 3% *3 3 Vb 4%,. 103 *102 16 16 16 4 4Vi 103 *102 102 3 Va 3 4% 4% 87 V8 l16 15% 3 4% 4% 102 6 Jan 50 —.No par ■— Co— • 4% 3% Nov 28 33 % Aug 21 —5 Coal Cos_ Electric Eng & Fdy_ , 15 " —————100 Preferred United United 500 62% a Inc—.——5 Dyewood Corp——'——10 600 • 5% *5 27. United . 4% Apr 250 35% 35 Va 5 5 26%, United Drug 15,700 ■ 3% / *3 3% 35'! 5 ; 7% •'• 26% *101% 102 Va 15% 16 *15% 4% 4% *3 7% 7% 26% • 63% 4V4 4% 4% 16 *3 . 63 26% ; 17% ' 4% 16 63% 62 % • 36 5 5% 26 Va ; 3% 35 38% *5- 27V4 62% 103 >100 *36% 5% *5 *26% 64 4% 38% *36% 5 27% *26% *3 3% *3 734 7% 7% , 2% 10Va 117 4% 4 Dec Jan Jan 14% , Nov Sep July * 87 , 7 43 % Oct 11 % Jan 26 Jan 17 Dec ■ 9% 93% Oct 19 Dec July 13 Dec 37 Va * Feb 7% 26 6% May 14 83 • July ' 9 60 59 3 *58 175% *173 *8% 9 *8% 9 60 4 175% *173 174 174 *173 9 61 60 59% 5% *5% 40 40 39% 39% 30 Va 30% 29 Va *3 "4 3% 3% 11% 11 Va *100 *3Va 29% 24 *99 *29 Va *28% 30 29% 30% *30% 30% % % li 30 *29 30 Va .32 V2 24 23% 24% 24 * 24 3'8 95% 96 96% 97: *60% 19 110 47 V •4.; *44 46 44% 44 Va va va *44 va 1 ti % % S8 24% 23% 93% 45 45 U S v '' 61V4 47 Va. 19 Va *44 28 34% Jan 27 20 Playing Card Co.— . ! 3,700' U 10 : va U S • 3,200 47Va Ref & Mini——1,50 ———,2 50 Corp———.No par :—•——— 100 600 " Steel Preferred S Tobacco Co i.—No par — ' ^ ' 4 1% . preferred———————25 7% *15 *58. *144% *151 *54 56 *54 56 Va 15% *54 ' *15 15 Va *15 15 Va 5934 *58 59 % 144 150 % 151 158 % *1% 1% Vi lit ']»< U 55% 57 Va *151/4 15 Va *15% 15'/a « 59 *146 155 *152Va 154% % V* 25 25 Va 59 V4 59 151 . - • : lVa •: 57 55 56% 15% 56, *15 "58 59 151 *151% 158 1% ' *146 *58 *146 150 59 154 4,600 18 ; • *24 Va 24% 16 15% 9% *23 % 9% 24 % *23% 24 Va 15% 9% *24% . 16 9% 24%. 33% 33% 34% 34 100" 152 $6 nonv %0! *48 53% 59 *54% 60 *54% 65 *54% *22% 23 *22% 23 22% 2% *35% 36 114 114 *17% 20 *26% 1 29% 2 Va 35 35 *113% »9 2% "2 2% 34% Universal 114 15% 9% *23% ' 2 Vb 2 36 *34% 113 Va 113% *23% 35 V2 53 *46 65 *53% 22% 23 2 Vs 36 *112% 15% 23 ; 65 i 600, 2 Ve 2% 37% 37ya 38Va' 113% *112% 113%' % *26% 27 % 27% 27% *26 % '27% .26% 26 V, 29 % 29 % 29% 29% 29% 29 % 29 V4 29Vb 29 Vb 29% 29% 80 80 80 *78 83 80% so y4 138 *133 138 *133 138 *78 80 *78 *133 138 *133 138 *133 tj 1 ' t 23 2 * 22 19 Va *26 V *133 22 27% 7% 7% 21% 21% 21% 21% 22 3 4 22% 23 23 7 Va 7% 19% 19% 1 • .'31% Aug ' 7 25 Va Dec 34% Feb 32 Va Dec * 2 18% Apr 26 Sep Mar 11 Va Dec . 1 : bNf- preferred Victor Chemical — Works div partic preferred Va -El St Pow $6 pref— o 120; 40 ■ • 200; 1,700 20 138 Coal & Coke 5%. Va Iron 7% 7% 7% 7% *7% 7% 21% 21% 21% 21% 21 Ve 21V* 1,800' 23 % 23 23 Va 23 3i 23% 24% 2,000 *7% 8 7% 7% 7% 7% 600 2,100, No par pfd.,-100 >-25 25 Virginian Ry Co 6% preferred-—! Vulcan Detinning Co—— Preferred 7% 21% —100 6% — — ' 2 . 5 ,-100 -100 —<•—5 No par Vicks Shreve & Pac Ry Vultee Aircraft Inc— $1.25 preferred 2% July 13'/a Dec 28 Va 17 58 Dec 103Va Sep Jan 14 43% Dec 65 Va Apr Jan 19 69 Dec 76'/a Jan 55% Jan 3 47 Dec 70% Jan 100 51 58 Apr 44 V'4 May 20 *4 71 28 70 105% ,119% Jan 13 107% Jun' 30 Jan 46% Jan 29 39% Mar 27 14 42 Mar 1 .1% Oct 29 1/ Oct 15 57% Dec 4' May 25 15 3'43a May 20 12 July 15^ 15% Nov 21 41 May 6 Apr 24 Apf 30 61 Oct 20 %. Dec /» Dec 42 Vs Dec ; , . 12 > May Jan 33% '7 Jan 50% x Nov 1% Jan / ' 1% Jan 21 62 Sep 10% Jan 64 Sep May 157 Jan Jan 162 Oct 43%, Nov 140 133 Jan Sep ' 150Va Jan ' 6 159 130 Dec 19Va- Dec 5 24 15 Va Apr 147 Oct Nov 25 Vo Nov 6 MaflO 142 Sep ' 13% May % Apr 4s/a Aug 105 . ." preferfed.i.——,—^-100 Va-Carolina Chem— 21 Va I 1st Chemical Co 1,200 v < ' 1,300, ' 22 Va 7% Vick 1,500 53 27% 82 Dec 37% Apr 17' Jan % Aug A 20 29% Feb / 6 16 Apr 31 25 20% Jan 3 15% Dec 34% 7% Jun 24 2 8% Dec 15 Mar 20% Aug 28 July 19 Mar 112% Jan 9 12 30 May 50 July 30 Sep 12 55 1 11% . Mar' 26 Sep 26 116% July ,15 41% Jan 6 60 18 20 2% Oct 22'/a Jan 110% May 14 24 8. 4 40% Oct 116 = Dec Jan • Dec 116 Aug Jun 45 July Mar 57 Mar Aug 66 19 Nov 1 66 Aug Mar 27% Sep 7 % Dec 2% Jan '21 18% Dec 28% July Dec 118 Va July 25% Jan Jan 39Va 57 2 ■1 111 Va Jan .19 55 18% May 26 . Sep 11 114 3 21% Nov 10 11 Dec 23% Sep Apr 29 31% Jan 20 30Va Dec 42 Jar 13 29 Dec 33 Vs Jan 26 May 22 ,-100 70 Jun ,-100 120 —1 —No par Va- Sep 23 2 Jan 14% Jun 22 _——— 7?'t 35%'.' 19% *19Vb 1,600 24% 113% 20 1,500 9% 20 20 120. 1st pfd——.>100 2.—'—No par Preferred ->100 Vanadium Corp of Am—-,—No par Van Norman Mach Tool-—.——2.50 Van Raalte Co. Inc————2_ -5 *115% *53% , 28% No par preferred—, Pictures ' 35 *46 "65 22 3,4 24% " *115% 34% :i 114 19% 20% 30% Aug Apr 27 Va Aug 21' Sales—— Vadsco 1,000 "18% *78 7% 34% *27 9% 54 Va 23 2838 16% " *46 54 *% *9 1/4 34% 34% *22 3a ■% 163/8 "243,4 *23% *53 % *48 «a 9% 9% *46 7 1 1—1 preferred—-————%i.lO0 8,^j 152 Stovkyards; Corp,w, Universal-Cyclops Steel Corp——1 Universal Leaf Tob———,—No par 151 "16 % 16 V4 51 13 . 27 '26% *115% *115 *114% 33 % *33 25 15% 9% 9% *115 . 24% 24% *15% • ,'10% 28% NOV United Stores class A—— 1,300; 59 *146 151 153 j . United ; i *% % Apr Feb 114 ' T% . % c 55 34 ■ • Dec 7 ' 1% Jun 33Va Aug , 5% May 54 '. Apr Jun 2% 26% May — Jan 43 Feb 54% 2 20 22 --10 preferred—-£—,—-100 1st Jan Jun 10 Jan Jan 20^ • 9% 4 Va July 30 14% Oct 23 28 7 99 100 —20 —10 —1 No par preferred— Preferred 200. 24,900 19% 24% Apr U. S Rubber Co 2,000 110 No par Feb 33 Pipe & Foundry—— 8% 4% 21 ■2Va Apr 69 Va 183 Apr v ' Sep CO———No. par No par U S Smelting ' 41 JU S Realty & Impt.— : 14 *' 30 U S Plywood Corp—— , 2,900 45 46% 47% 16.000 24% 109% Va 20 *44 ■ 2,300 •( 94 Va; . 61% 47% 110 19% 47.% Va 61 47% 110 19% 19% 1% 46 20 J , 4,600 ' 94 61 vb HOVb ' *44 32 44% 61 46 V4 110 191 19% 31 Va Prior U S , 6% Jan 170 10 34% Jan Partic & conv el A, . 1,400 ■fts *93% 95% '45 61 Va 46 V4 109% 19 19 *60 Va a ' 44% *44'% 110% 46% 47% 110% 471 61% *60% 62 a 110% 30 32% 24% 95 43% 30 • , Nov 174 Coig| 1—5 preferred.^...—^_50 Leather S 1 27 Industrial Alcohol . 100 ( cjonv May 3 61% Dec May 13 4% Apr U j 3,400 27% "A 24 97 43% 105 27 Va 30 32f 11 1 <! 97 43% 105 ■ I.————100 preferred. 5%% 600 3 3 4/ 40 % 159 Hoffman Mach U S " 23% 43% 600 12% , Co__1_ No p«' Co^—.1——20.'' Freight 1% U S 170 29 %: 27% *29% 30 % • 105 27% 27% 40 *3 Vs 12 ll7a, *99 105 27 26% 11% 12 20 *28% 3'b 3% 3% • U S U S Gypsum 100 39% 2.9 ' 900 2,000 4 5% *5% 40% % 611 175% *173 5% *39 29 V4 *11% 107 26% 26% 26 Va >3% 11 29% 30 *28% % * 27 *2614 106 *110 110 *100 40% % 11% 3% 11% 29 9 61 175 Va 5% 5% *39 2914 29% 3% *11% 40% *39 29% *5% 5% *5% 5% 613 4 *173 174 ' *5% 9' ;/ »: 9% .61 85/b'' 8% 0 58% 1 ■ 24 Mar 11 6% May 22 18% May 22 29% Oct 96 Va Mar 138 Jan Feb 5 89 Feb 105 Nov 9 135 Mar 143 Jun 10% Mar 25 25 Apr 1 30% Jan 28 W *1007/a 102 For footnotes 7% *73e 19 3 4 19% 100% 100% see page 2015. 7% 20 *99% 7% 20 102 *22 20. *99% 20% 102 *19% 20 19% 19 Va 1,400 *99% 102 99% 99% 200 —100 No par Walgreen- Co—— No par 4Va °!c preferred with warr 1U0 Wabash RR Waldorf preferred— System— 21% July 6 16 2 V'4 Mar 25 23 97 Va Jun 19 Apr 7% Nov 23 6% Dec 9% Apr 20 Va Nov 18 15% Dec 22 % Jan 102% Oct 20 Oai/n .Tun inHS/„ Ton RECORD NEW YORK STOCK t Monday Nov. 28 I I per share * S share per share per I 4% 4% 4% 4% 39% '38% 39'% *38'A 15% 16 '15% 15% 15'% *4'A 4'/a 15% *3% 27'A 27'A 27'A *4 4% ' *25% 6% 6% 6 '/a 6% 6'% 78% *76'/a 78% 1% i *1% 1% 1% 17,600 Warner 78% 30 $3.85 38% 39% *37% *27% 500 *13 14 13% 18 18 17% ; 17% "29 28% 28% *27 ;15'A 14% 14% 15 15 13% 13'A 13'A 17% *17% 18 *2% 3 " *2% 17% ' 17% .• : • *2% . 3 17% 17% 17% '68 •" *13 'A 3 *17 ' 70 9 11% 18% 9% ; *68 9'% : *59'% 61'A 61% 60 *107% 14% 101 2'% 25 14'A "2 Va 2V'a *4% ,"r l-'/H 25% 25% 14% 15 25% 14% . ■ 108% 50 *41% *60 29 *26% 27 V'a *14 13% 13 'A 4% 4% ' ■• 18 18 60 60 , *19% 20% 18'A 77% 78 ' ,51 *41'% 85 13'A 13% 13'/a 18% r 18 59 14% I 83 18 < 59'% *14 4% *4% 2% -4% v' 20'A *19% 2% *19%. 20'% 2% 2% 2'% 2% . 50 \ 200 2,600 1% July w — 21'A Oct WW 23 Feb Oct 11% Jan 15 18 Nov 28 1% Jan 6 8 38 Sep 23% Jan Dec 17% July Dec 20% 1'% 23 Dec 10 Va 2 14 Feb 14 10% 19 3 15 Feb —we* 5 Jan 3 July 22 6 20'A Jan May 18 Dec 4'A Jan 16% Mar 65'A Mar 25'% July 74'% Jan 59% May 20 x71% Nov 12 1 7% Aug 28 10'A Nov 6 Jan 22 Deo 106'% Jan Jan 8 99% Dec 115 Jan Jan 8 89 Nor 107% Jan 113% Jan 9 112 Mar 117'% Jan Feb 6 15 Dec 104% Jun 2 104 V'a 25 91 41'% Apr 27 104 Apr 27 93 34 —...100 100 Apr 36 102 May 10% Sep 97 1 Sep 16 88 20% July 107 Apr Oct 9 18% Dec 3 15'A Deo 29% July Apr 28 2 3% Jan 27 1% Dec 4% July 8'A Jan 28 4% Dec 2 Sep 23 >T. Feb 30 Oct 13 18'% Feb 31'% 19'A Feb 5 15 Deo 24'A July Oct 105 Jan Dec 141 Mar 4 % May 20 % May 18 23% Feb 18 13% May 27 No par ' 18 21 12% May 53'% Apr 109 81'A Jan 5 71 Jan 28 118 29% Feb 24 Aug 2 127 5 23 Apr 28 22 Mar 11 27% 8 24 105 Nor 34'% Apr 31% Jan 108% Oct July l'A May Jun 27'A 9 Jan 36 % July Apr 112 43 Nov 2 50 Apr 18 60 Aug 65 Aug July 80 July 9 93 Jan 22 85 Deo 100 Jan 3 27'A Feb 4 21'A Apr 30% July 69% Jan 29 58'% Deo 76 15 17 10'A Jan 15% July 17% 100'% Jun 6 XI7% Dec "58% May 12'A July 21 White 500 i 2'% Apr 7% .7:% 7'%.. 4MB 4'/a 4 Va 4'/a 4'% Jan 700 2 ' 20% 1% 2 - 12,600 4 4% 4'/a 56, : ; 56% 56% 120 *108 120 *108 120 18% 18 29'A 28% 29 ' 18'A , 29 18'A 18% 28 7/a 18% 28% 29% 14% 15 *17% 18% 29'A" 15 15 15'% 15'% 15% ' t*18 18 29 4 15'A *116'/a 124 '116'% 124 *116'%' 124 *116'% 124 *116% '106 114 *106 *106 114 *106 47%' 124 114 *46 48'% 88 89 89 55 54% 55% 55% 56 90' 57. '57 '. 57 , 46% \ 88 *88 48% 90- 87 ; 87 54% *46 48'% *45'% 48'% 88 45'%' 46% 48'% 88' » ■ : •; .i: Apr Jun Jan 12 41 Feb 54'A 13 18'% Deo 26'A July 2% Dec 3 1% Dec 2% May 53 16 1'% Jan 8'% Oct 16 3 Va Apr Apr 2% 29 6VA Deo 3% Sep 14 6% Jan 20 4'/a Dec 7 Sep 23 73% Jan 13 60'% Dec 77 Sep 107'% Jun 1 110% Oct 5 109'% Oct 115 Nov 51 pfd—100 6% 2'A Oct 1% Aug 12 ——No par Woodward Iron Co , Sep 7 19% Dec 33% 8 x30'% Nov 9 23 V Deo 34 Va 14'% Jun 22 21% Jan 28 16 Dec 25% July 117 Nov 13 125 July 28 98 Mar 106 100 3 130 3,500 24 17% Aug 26 1—10 " 21% May 10 (Del) —No par 7% preferred A — 100 •6% preferred B—.!_ —100 Prior pfd 4% % series —100 Prior pfd 4'%% Conv series...100 Wright Aeronautical No par Wrigley (Wm) Jr (Del):—,.Nb par (F W) Co.. Worthington P & M 200 561.4. ; 56'A • Jan Jan 22'A Jan 0 - .—No par preferred Woolworth ' 45'% •• *45 - 14% *116'% ; *45'A'".'47- 46%. 46% 47'% • 400 12,100 i 114 114 *46 47''a *46 5% """ *106 ' 124 114 f 1)2,200 29% . 14 Vis A 15'A .*106 18% 23% - 29'% conv Wisconsin El Pow i ; *18 $6 800 » 120 *108 •- 6% Wilson & Co Inc '8,600 » 5 7'A - 8'A July Dec 1 ' 5'7'A Dec 2'% 4% Apr Motors——.—1 preferred.; ——10 Willys-Overland 2,600 4% .4% 4,'A 56 May 1 % 5 Gas Co. Oil Wilcox 800 < Deo 2% 23 15'% Apr 2% 10'% 14 27 a 15 40 7%'*.".7'%" 7% :: -7% • 6 29 Prior ' 7'%. 55% . *108 120 '108 120 , 2 Mach Corp.—1 preferred— No par preferred -20 White Sewing 5 Nov 3'% Jan 51 Mar 1% Apr $4 conv 2% ■ 4% 55'A 55%, *55 56 y« . 2% 1% 2% • 7%' V 7% . 2% 3 15% Jan 25 Jun 12 — Rock Min 49% -f *19'%, 20V4- .1 Spr Co....No par White Motor Co ' 13'%; 4% V *2% *35 49'%", *19%; 20'A 2 2'% 2 2 2 7% . 50 } ~> 14% *4'a . 2%: 2% A *35 49'% *35 49'% 4% *4'A "• : 2% 2% 2% *2%. *35 2 54% 39% Jan Nov 16 preferred—^ $4.50 > 2,600 t 59%- %r 13'%" 13'A 13 13'A 4'% *7% *83 23 par No par Wheeling & L Erie Ry Co— 100 5%% conv preferred—— 100 Wheeling Steel Corp^——No par $5 conv prior pref——_—NO par White Dental Mfg (The S S)_....20 150 ; 51 83 ' *14 14'A 800 26 108 ' - *46 Deo Deo WW Jan Westinghouse' El & Mfg —50 1st preferred—— 50 Weston Elec Instrument...—.12.50 Westvaco Chl'or Prod—.—.No par 110 29% r. *27 x59'%. ' 61 14'% 37 12 Westinghouse Air Brake 300 t 117 108% xl7% , 8 Deo 6 24% Oct ,5,800 .a 14% 26 • *45% Sep 6'A 16 25 *"13 'A Jun 17,400 { ■ % 1% Nov 37% Nov 21% Sep <5,000 4,700 f 108 85 '4% ,2% *19'% : 17 2 2 No par class A preferred preferred 6% ■2,000 26'% *41'% 87 *60 , 14'A *14 49'% *35 15% 1% Nov a 77 Jan 53 Jan - 2'A .26 *116 29'% • Penn El 7%.- - l'/a. 14% - 117 *107'% 51 *85 13% ; *2% 2% 49% *108 4 6 Jan « *35 , 67a Dec 80% Oct %Jan 4'%% pfd 100 Co—1—No par 6% preferred——'—* 100 Western Auto Supply Co____ 10 Western Maryland—.—.; 100 4% 2d preferred ; 100 Western Pacific 6% preferred—100 Western Union Telegraph—_—100 5% 15 26'% 108'A .*41'% 50 18 14 Va *13% *107% 108'% '/a 87 • 61% 14 '*54% 27 May 14 19 ,_No par, Indies Sugar Corp West 350, ■t 18% 25 V'2-' *27 *27 "• 61% 2 17 4'A Apr West Va Pulp & Pap , 26 Va": *116'% 29 108 'A 18% 18 *13'A *2% Feb Feb x65 West Penn Pr Co l'A 77'A •78'i ,77'% 27'/a *85 , *60 2% 2% 4 6'A 25'% May No par West 3,000 f 180 "S 620 600 *4% 25% 117 *26% •*41 87 "4%' Jun 26'A preferred.; $4 conv 220 ' -• 100 t " l'/a ' 50 *85 18% 18 Va IV Apr Eisenlohr ! '• 14% *27 A 27'/a ,108% *26% 89 , *83% Dec 13 V'a 1 i ' 26 % 108% 108 *41% 76% *116 117 117 29 *27 29% , 26% • 76'A 75% r. 117 *116 ■ *27 , ' 76% 76 76% 'A 7 No Webster 12% *2% 5%' l'A *1 25 14'% 117 4 -5 Wessou Oil & Snowdrift 107%, 18% 2Va *4% l'A 14%' 25% ; 5% *1 .. * 75% NOV Wayne Pump Co 5oo ; 101 '*99 . 18% 5.'% 2 *5 l'A 14% *116 Sep 1 29 '/3 NOV % May 16 Preferred receipts Fdy & Pipe_j.^._^__JV<) par No par 600 9% 12'%- 101 18%; 18% 18% t 700 ; 60 *107 '4 12'/a *99 101 *98% ■•18% 2'/a 6 *1 26 Va 1 6 V'a 22 '% Aug 13 ; .67, •60 108 12'/a 13 ' *5 l'/a 25% Dec Waukesha Motor Co_j— 3 65- 6 l'A 108 108 *12 13 18'A 2 'A ' 2 'A ' 2VA ~No par 500 : 58% ■58% ; 683 4 -70'%; 108'% ;*98'% •6% l'A • 71% ' 214 2ya 6 Warren 9 Va A 9'A '60 V- 9,'V 5!? 61 71% 63'A 108 18% 18 70 ■ ■ ■" ' *5 NOV Washington Gas Lt Co *2% 72 *12 101 *98 Va 18% 6 -No par 700. *17%--17% *68 '* 70 A 17% *1714' 17'% 9% 60% 62 12% 12% 101 •" 2% Jun — $3 preferred i ' 108 *107'A 12 *98'/a 9% 12- 63 'A 63 108 108 Sep • ' 3 2% 70 *68 59% : 72'A 72 63 % 15'A 5 | 100* 13 , 17% •17% 18 *17%- ' ' 72 *63 '*•' 9% V 58%' ; 58% 59 Feb No par 14% 13, 13'A 13'A ■' 17% 70 *68 70'/a 9% 9'/t v* 72 Sep xl2% • * *56 '/a 36 8 Pictures 29 " •'14% ", ' 70 " . ' *27 29 *15 13% 15 17% Bros preferred Receipts 10 V; *27%' 15 3 12 16% Oct 50 IWarren Bros Co 1,500 A 29 15% *2% 41% NOV preferred $7 39% 29' <4 *27 5V4 Nov 17 ' 37 y2 *37 ' 6%. *76'A - 1% 37% *15'A " 400 23 13% Mar 23 Dec 3 ' 1% *37 , 1 78% *76V'a ' 78% '76'/a i . 1,000 3% Apr 31 % Apr No par B Class 'uf - 1 % 1% , ' ' Highest S per share f per share 14 No par preferred Ward Baking Co cl A 27'/a *26 . < per share Lowest No par No par Good & W Ltd (H) Dlv redeem 6% ' 6 %1 6% 6'% 6% "4% ,10 2 7 'A 27% Walk 300 Range for Previous Lots Highest No par Walworth Co 1,500 *4 • % t'.f *26 '76 Va 76 76 4'% *4 4,500 100-Share t per share Par 15% * Basis of Lowest Shares 4% *15'A Range Since January 1 On STOCK EXCHANGE the Week 39% 4% 39'a '« a NEW YORK Sales for i J . I per share 15'% ; *15'A 4% Wu % 26% 26 26% 6% 4% * % % *% 39' 39 39 Dec • 4% x4'A 4% 4% 39 % 4% • t per share share per 16 % 15 *4 ; Dec. 3 Dec. 2 40 4% 40 i Dec. 1 Friday Thursday Wednesday Tuesday Nov. 80 , STOCKS HIGH SALE PRICES LOW AND Saturday 201 ;THE COMMERCIAL & FINANCIAL CHRONICLE Number 4131; Volume 156 a Jan Jan 147 Aug 130 July 85 Jan Jan 26 47% Dec 57'A Jan 26 50'% Dec 104 Jan 15 86 Apr 122 July 62 Jan 5 50% Deo 80 Jan 23% Oct 13: 15 Deo 14'A Nov 9 10'A Aug 17 109'% NOV 13 117 42'A Jun 17 54 44 Jun 9 80 Jun 23 39 Apr 24 - Jan Mar 73% Aug 75% Aug ■' 1 ■' i " *21 % 21% 12% 21% 12'% 21'% 12% 12% 28% '29 Va 29 29 8% 8%- 16% 16% 16%; 2'A 2'/a - from 100 to ■ 10 shares. '• ' 2'A ■ ' y . 6% 29% , ■ /•-' a ' ' "121 J* 81. *78'%; • : <1,000 ;5,100 8%"' - z 17 / 16% 2 - ■ t vl 81 ■ 170 Week Ended Dec. 4,1942 and Miscel. StockA rCash sale, Saturday—.————I—. Monday———,.. Tuesday Wednesday 472,100 — — 630,420 Thursday..... T——— Friday — Total • — 3,016,884 ... — 530,033 < ? 6,840,000 214,000 $2,067,000 • , Y • . Saturday.— Monday Tuesday.^ Wednesday— ■ 3,000 10,388,500 $33,000 Jan Dec 95 Aug 12 VA Jan 5 Deo 18% Jan May 14 8% Feb 19 1% May 21 Ex-rights, y . 9 17% Nov 12 2% Jan 26 Shares) 65,320 —. of shares..: 108,634,130 658,000 187,000 506,000 280,000 $18,000 804,000 A 646,000 110,000 2,000 758,000 \ 626,000 24,000 $3,289,000 $706,000 20,000 $4,015,000 -113,232 1.-260,413 —— U. S. Government. ,114,063,000 148,507,000 2,016,068,100 1,762,176,000 Railroad Total.: & industrial. $45,060,000 $2,136,498,150 $1,928,80.2,000 $33,000 $207,000 -3,413,000 41,440,000 — 38,554,200 —— $40,654,200 1,260,413 1,253,710 650,000 Jan. 1 to Dec. 4 1942 1941 28,109,943 $4,278,000 $156,603,500 389,000 4,504,000 116,000 721,000 $220,367,000 $4,015,000 —■--- — 18,514,106 20,000 of shares ■ ' —A—— Bonds t I——— ' 1941 845,000 $4,783,000 $161,828,500 $229,725,000 139,428,938 $18,119,000 5,666,360 Bonds . 601,000 85,000 516,000 111,135 Stocks—No. Total $357,000 96,671 — —" Foreign Corporate $20,000 1942 •> $6,367,050 3,016,884 2,067,000 Stocks—No. t Unit of trading 112,285 : 1941 1942 .1941 15% Apr 3% Oct Deo 1% Apr 8 111,450 ——, .... Total.^ Foreign Government Week Enddd Dec. 4 1942 9 V4 Jan Bonds (Par Value) Domestio $337,000 Jan. 1 to Dec. 4 Week Ended Dec. 4 5'A ft Called for redemption, of Thursday...—-- $40,654,200 - 42% 76 7% Nov Stocks — 7,178,000 23,000 .-<■• Dec 20 - Week Ended Dec. 4,1942 ■ 5,676,100 5,411,900 ' 29 Oct 7 . 9,119,800 ;•■• 305,000 10,151,500 $38,554,200 ■ . 12'A 13 87 Daily, Weekly and Yearly - 1,000 333,000 8,811,800 . Sales 5,000 376,000 5,034,900 539,921 $l;000 710,000 4,965,100 561,220 —— Dec 37% Jan 12 (,Number $2,879,900 $129,000 $2,750,900 283,190 Jan * ; Bond v Jan Jan 78 Apr ' Total , Jan VA 17 120 Transactions at the New York Curb Exchange Government Bonds ' Bonds No par 1 3 22% Dec Dec 23 3 5 Special sales,' x Ex-dividends, s y Foreign Bonds A Zenith Radio Corp.. Zonite Products Corp 121 28'A Jun 1_; f. No par t5'%fo preferred series A —100 Youngstown Steel Door—s._No pat .j United States Number of Shares 2 28 111'% Jan .100 Preferred Daily, Weekly and Yearly Railroad 15% Jan 10% Apr Youngstown S & T Transactions at the New York Stock Exchange Stocks, '-< Co———25 i 1 Young Spring & Wire———No par 1 i 900 *:'V V ■ ' 1,500 17 2 *1% 1 '2,300 a% & Towne Mfg, Yellow Truck- & Coach cl B 20 -6% 29% Deferred delivery.1 n New \ J t 121 6%' '* ' ' Yale 6,400 <5,100 29% 6% ■ 21 12% '' ■■12'% i" 9 --8% "• 16% *"* 2 16% 2'A 21- .' ' 30 X80 80 87A/' 9 t In receivership, sales on this day. . < *16'A 2'A 16% r ' 80 9 - 2 •Bid and asked prices; no reduced 8% 16% 16%. 2'A I 2 9 80 80 ' 8% • *120%: 121- 6% 29'A- 29 *. 12% 29% 6% 7 • 28% -20% 12'a 121 *120% 121 *6% ■ x20% ■ ■ 12 'A >12'% 12% *120% , ' 80'/a •80 Va 80'V % ■ 7 - 21 21 -21% - -12% 121, ' 7 7'A *7 a 80 *120'% 121 *120% *21 ■ , Domestic ... $3,289,000 706,000 ' Foreign government —- — Foreign corporate ' A——: Total— —■ ■— Stock and Bond Averages Below are the daily closing averages of representative stocks and bonds —Bonds— Stocks ■ 10 20 30 Indus- Rail- • Utili¬ road.' trial.' Date— 28 November 30 December 1 . . . December 2 December 3—. December . . 4 A Total 65 ties ' November 15 10 > 6.345,000 3,013,000 ——— First Indus¬ Grade trie P n ils 10 Second Utili- : pei' ties 51.44 109.83 89.99 51.34 109.44 89.95 51.54 109.91 90.09 92.59 52.11 110.06 90.30 92.61 52.33 110.09 90.36 106.59 92.09 106.51 91.99 106.46 92.44 38.35 106.42 38.25 106.40 13.97 38.37 106.69 114.50 26.88 14.00 38.20 114.61 26.84 13.90 38.19 115.16 26.95 13.88 38.35 115.19 26.99 13.81 115.02 26.82 13.75 40 90.07 51.56 27.11 Total Bonds 109.83 92.21 114.95 10 Grade THE COMMERCIAL & FINANCIAL CHRONICLE 2016 Bond Record New York Stock «» FRIDAY NOTICE—Prices "and are interest"—except for Income Monday, December 7,1942 WEEKLY - Exchange YEARLY - Cash and deferred delivery sales are disregarded in the week's range, footnote in the week in which they occur. No account is taken of such sales in indicate in each case the month when the bonds mature. and defaulted bonds. week, and when outside of the regular weekly range are shown in a the the column headed "Interest Period" The italic letters in ' Week Interest Exchange Stock Ended Last or Friday's Sale Pride Bid & Asked Period 4 Dec. Low High Range Since Bonds Sold January NO. Low New I York Week Stock Ended they Friday Exchange Dec. Interest 4 Period the are only transactions v . Week's Range Last or Friday's Bonds Sale Price Bid & Asked High Low Range Since Sold January 1 High No. —' v'— 25'A 29% 2 25% 31 8 25% 18'A 30 49% 18 17% 46% .9 12% 18% Low ' U. Treasury 4 'As___ —1947-1952 1944-1954 _1946-1956 1943-1947 —1943-1945 1944-1946 —1946-1949 1949-1952 1946-1948 1951-1955 1955-1960 1945-1947 >' Treasury 4s Treasury 3%s— 33/8S_— Treasury Trej i <ry Trea i try 3'As 3'As Treasury 3%s Treasury 3%s Treasury 3s • 3s__ Treasury 27%s Treasury A Colombia Mtge Bank 6Vis 1947 A-O ASinking fund 7s of 1926 1946 M-N ASinking fund 7s of 1927 Copenhagen (City) 5s„_ ■». 25-year gold 4%s— 1947 F-A 1952 J-D / 1953 M-N *;■ ACosta 1951 M-N 1944 tM-S 1949 F-A Government S. 2%s—.— Treasury 2%s Treasury 2%s Treasury 1948-1951 —1951-1954 1956-1959 Treasury 2%s 114.7 106.8 J-D 106.8 114.14 116.2 106.8 "114.5 A-O 106.8 108.27 108.30 110.8 "108.19 108.21 M-S 102.6 *107 107.3 *110.10 110.12 109 107.4 108 109.5 110.28 110.17 Sinking fund 5%s 104.26 106.9 A 107.30 107.11 107.8 *107.6 M-S External 5s of 1914 series A 107.29 104.26 104.26 MS 110.29 109 *110 M-S 108.14 (Rep of) 7s Cuba (Republic of) 5s of 1904 110.2 .*106.20 106.22 J-D MS Rica 109.14 107.2 J-D J-D 105.20 107.2 108.15 4%s loan 4Vis external Public 1949 debt_ wks Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury : , 2 Vis Treasury 1958-1963 1960-1965 --1945 1948 1949-1953 1950-1952 _1952-1954 1956-1958 1962-1967 1963-1968 1967-1972 1951-1953 2Vis — __— Treasury 2'As 1952-1955 1954-1956 2'As Treasury Treasury 2'As 1947 Treasury 2s ■ 30 45'% 44 - ;. ./—■ 45% . '■ ' 30 *29% •:: "■ 47% 46'% V • . 17 ' *ioi F-A J-J J-D A_1951 A-O 1952 A-O 74% — . 73'% 34% High ' 99 Vi 101 302% 102% • 75% *106 • „ - 100 „ *104 1945 ser ' — . .*102'% J-D 1953 (Rep of) 8s 17% *102'% 1977 > 5%S A Czechoslovakia 108.31 108.10 External • 102 103% 68% 83 100'/4 107 109 32% 102% 115 . 35 3 15 y 35 20 - 20 109.25 J-D *107.29 107.31 M-S *108.8 • ASinking fund 8s series B_> §ADenmark 20-year extl 6s 2%s 2%s 2%s 2%s 2Vis 2Vis 2 Vis 2Vis 2Vis Treasury Treasury ,*29% ; 104.20 103.12 20 103.12 103.12 103.12 A-O 1 102.6 102.6 A-O 104 101.29 *101.17 101.19 J-D - ;.;•-> of for the year. range , BONDS Week's Range Friday BONDS New York unless computing the J-P *108.11 108.13 108.16 *108.30 109 108.16 *104.14 104.16 104.21 *106.17 106.19 106.17 107.7 57 56% 57% F-A 54 55 A-O 47% 47% SADominican Rep Cust Ad 5%s_>_1942 § A 1st series 5 %S of 1926. 1940 M-S 22 29 58 13 , 26% 55 1 v '22% 105.25 M-S J-J . 1962 110.13 J-D 1942 — .—1955 109.3.1 J-D *33'% « External 5%s gold . 106.23 105.24 External gold 4%s_„ J-D *105.29 105.31 M-S *106.9 106 107.2 §A2d ,series M-S *103.12 103.14 103.6 104.6 Customs Admin 5%s 2d series M-S *102.26 102.28 102.18 103.14 106.11 5%s 1st sink fund 5%s Jt A-G - w .. 74% ." 63 J-D *100.1 J-D M-S 73 73 1969 A-O 72% 72% 61 71% 63 73% 61% 73% — 65 70 3 8 -w 9 : 9 *100.17 100.19 100.15 100.15 100.4 100.3 A El AEstonia 103.14 101 101 101~17 105.16 100.24 5Vis 2d series Salvador __1969 ctfs 8s of dep A-O — — 1948 J-J 7s 1967 J-J 18% extl 6s >1945 M-S 85 17 > 17%; 101.21 *104.16 104.18 J-D J-J 100.22 iogT 71 ' ' A-O 1961 ' MS 50 73% 59 ■ J 1940 series ' (Republic of) J-D *104.22 104.24 103.27 105.21 Finland J-D *103.26 103.28 104.5 104.27 French Republic 7s stamped— 7s unstamped— (Republic) Treasury 2s Mar 15 1948-1950 M-S *101.6 101 102 Treasury 2s 15 1948-1950 Jun 15 1949-1951 J-D *103.22 103.24 103.27 *100.12 100.14 100.9 101.5 M-S *100.9 100.11 100.11 100.20 A7s part paid J-D *100.6 100.8 100.4 100.6 A6s part paid M-S *100.3 100.6 100.2 100.2 100 100.22 17% 6 Vb 65 j:"': ' ' — " . 18 85 66 ■1 85 82 Mm:/ 85 100.5 *100 95 ;85 J-D i' 104.24 J- J 1949 —: v.''' Dec Treasury 2s 1949-1951 Dec. 15, 1949-1951 1950-1952 i. 1951-1955 1953-1955 Sept 15 Treasury 2s Treasury 2s Treasury 2s Treasury 2s Treasury > 2s 1 . Farm Federal Mortgage Corp— 1944-1964 3'As J-D 101.8 series 1 Vis Haiti (Republic) New York 103.4 102.22 103.24 Hel6ingfors 103.23 104.20 Irish Free State extl s f 5s *103.3 103.5 103.4 *103.1 103.3 103.2 *101.5 101.7 101.10 101.10 1980 104'A J-D 104'/b 104 'A 52 AGtd sink fund 1947 AAntioquia 4s coll 7s A (Dept) 43 F-A s44 1948 A-O 43'/4 1968 1945 6s (King of Norway) A4%s (US) M-S 3 25 *..14'/2 J-J 43'A 15'/a 1 44 25% 44 32% *45% 32% 10% 15% 15 15 1 10% 15% 15 25 1 11 15 15 15 1 10% 15% 10% ;• . A Sec f 7s 1957 A-O *14 '/2 A-O *14Vi A-O *14 Vi 16 11 15 External J-D *45'/« 49% 18% 40 External AExternal sec s f 7s 2d series—1957 AExternal s f 7s 3rd series—1957 AAntwerp (City) external 5s —1958 Argentine (National Government)— S f external 4Vis 1948 Belgium external 95 % 82 M-.V - 10% —': 95% 44 88 1 J-J 1957 *97 ■ A-O — T 83 100 83 >> 18% 34 31 Vb 14 18% 34 11 19% 34% 37 36% J-D 74 74 2 44 74% M-S M-S 66% 66 68'A —'L f $ bonds 1984 69 J-J 1960 66% 67 68'A 56 51 A-O ' 23 56 67 10 57% 23 59 43 49% 45 107% 8 37 103% 107% M-N 101% 101 Vi 101% 52 100% 102 V8 1945 F-A 100'/a 100% 100% 35 1961 J-J 101% 101% 1944 J-J 100% 100'% 3s 1967 J-J 30-year 3s 1968 M-N 1954 J-J 1942 M-N A Extl 1942 sinking fund 6s_, .—I960 s 98'A 97 19% 97% 15 93% 19% 3 20 18% 5 13 19 % 8 13 21 A-O 18 18 18% 28 12% 19% F-A 19% 19 % 20% 3 13% 20% 1961 F-A 17% 18% 20 127/s 19% 1961 J-J 15% 20% 1961 J-J 13% 18% 1961 MS 1961 y-s AExternal sinking fund 6s_ A 6s assented 1962 A-o 1962 A-O AExternal 1963 M-N 19% >1963 M-N 17% A6s assented Mortgage Bank 6%s>. A6Vis assented- 1957 J-D 1957 A6%s assented 1961 AGuaranteed sink fund 6s. 19 20% 7 18% 18% 20 17% 18% 18 18 16% 18 16% 15% 1960 M-S 1951 (Hukuang Ry) 5s_ (Republic of)— A 6s of 1928 : -Oct 1961 16% 20% 13 19% 7 13% 14 12% 18 187/a 2 13 12% 18% 12% 18 14% 19 18 17% — 16% 17% ■ ~ 5 13 ■ 16 15% *14 16% 20 4 — of 1927 external s _Jan f $ bonds For footnotes see page — 2020. 19 18 1 14 17% 11% 17 12 15% Colombia A6s 13'% J-D 12% f 6s 2d ser____1961 A-O 12% s '* > V.' . A-O 51% 51 51% 1961 J-J 51% 51% A-O 38% 39 '"V 16 ; : 27% 57% 6 39% 8 37% 52 22 29% 39% 52 70 65 57'% 70 69% 74% 65 70 101% 104 *103'% 106 12% 10 13 % 14 38 7% 15% 12% 13% 50 7 15% 12% 13% 32 IV* 15% 13% 14% 16 19 1 2 5% 8% 14% *13% A-O 12 12 13% 16% 17 15 7% 17 14% 10 5% 14% 97/a 16'A A-O 1961 13% *14% J-D 1966 (City of) 8s—. loan 7Vis 13% J-J 14% 7 7/8 14 15 14% 14% 19 13% 8% 16 10'/« 33 50% 83 10 *25'% 17% (City of Greater) 7 Vis—1952 extl 6s 1947 M-N F-A 1946 A-O 15% 15% 17% 17 1953 F-A 13% 13% 14% 23 8% 14% 17% 17% 3 10% 18'A 15% 16'A 49 8'A 16 V4 A7s external loan of 1926 1968 1966 A-O J-D M-N 17% 16 16% 5 9'A 16% A7s 1967 J-D (State) Janeiro de (City of) 8s 6'/is. sec 1946 A6s external sink fund gold municipal loan (City of Brazil) 4s_—1964 1952 1957 1930 A 8s (State) f 18% 167/8 42% 32'% 32% 26% 29% 30% 25 30% 31% 31% 20% 31% A-O 61% 61% 54% 66 1962 M-N 11V4 11% 13 4% 12 1962 1958 1958 M-N J-D J-D 10% 11 13 4% 11% 4% 12 11% 11% 5 4% —1955 F-A 77 77 1 40% 77 -1946 F-A *78 71% 77 *78 73 77 *78 71% 80 53% 62% 1940 7s— (Republic) extl 8s AExternal sink fund 6s readjustment conversion extl conv readjustment 3Vis extl readjustment AWarsaw A 4 Vi s 1964 M-N M-N 1979 M-N 1960 ($ bonds of 1937)— extl (City) assented 33 (Kingdom)— AExternal sink fund 6s External 17% 71 11% A4Vis assented 3%-4%-4^ 173/a 167/a 62% *71 J-J M-S J-J Sydney (City) s f 5y2s External 10% — 11 A 8s secured external A 7s series B sec extl—— A Silesia (Prov of) extl 7s 3%s-4-4'/2s Lm. 32 , AUruguay *15% 16% 8s Serbs Croats & Slovenes . 42% extl dollar loan s % 42'% water loan extl A 6s § A Secured 88 T8% external A 7s m-im M-N M-N J-J 8s A6Vis extl secured s f 5 A San Paulo 16 M-S 1950 1956 1968 Santa Fe external sink fund ASao Paulo *82% (State of)— 1921 A8s extl loan of 4-4%-4'/as 1970 •; t' • 17% 1 10 17% 18 16% 18 J-D A Chinese 19% 13% 19; 74% ■ 13% A Extl 20 Ve 13 5 M-S 3s MS 1960 Rio Grande do Sul .19% 13 M-N 1960 assented 78% 99% A-O J-J J-J ARJo ' M-N 1962 A Chilean Cons Munic 7s_, 81 51 Vi A-O Queensland 20% 13% 19 19% 14% 12 17% A-O 1962 A 6s assented 17% 18% *19 J-D A-O 1961 A6s assented 18% 20 ' „ J-D 1961 AGuaranteed sink fund 6s. 20 J-D 1961 ; ASinking fund 63As__ 1959 f 6s 1st ser s (Rep of) AExternal 19% sinking fund 6s_ 53 19 A Prague 19% 19% *19 80 12'% 7. '"'y . APorto Alegre 20% 1961 Sep A 7s 15% Jan >. "" 12 1968 AExternal sink fund gold 8s—__1950 A 4'/a s assented .—1963 10 Jan assented 12% A4Vis assented 98 5 17% 19% .Sep A Chile 93% Feb sinking fund 6s 84 gold 6s_—>—1940 1958 AStabilization loan s f 7s 1947 987/8 100% 11 Feb assented A 6s 97% 102 1 97% *11 ; M-N A-O 9 97 Vi 1960 f 6s_. M-S 98% 100% 2'As A 6s V,. 69 30-year ARy external 1947 external 7s (Rep of) j A Poland 67 69 107 7s (State of) ANat Loan extl 68% 1952 6s . 3 647/g 67% M-S ANat loan extl 67 68% 44% 107% V 1967 A4%s assented 67 M-N (Dom of) 30-yr 4s assented— APeru *70 A-O sinking fund APernambuco 71% 1976 A 6s : 99'% ' *_>'■ M-N M-N J-D Ext sec ref 3Vis series B 70 —1975 A Extl 76% extl s f 5s ser A.1963 1963 1994 (Rep) AStamped assented 5s Stamp mod 3%s ext to 36% 32% *71% ./■ sink fund 4%s (City) APanama 100 227% 5 External readj 4%-45/bs External s f 4%-4%s assented loan Municipal Bank extl s f 5s Oslo 30% '' • F-A A 6s 86 A-O sink fund extl 4s 99% 72 f;v 70 1976 AExternal F-A >; — > 100 70 Refunding s f 4'A-4Vis f 7s. 1944 83% 100 1955 36% 83 F-A 1977 .»> 83% 48 f: 76% 30% — 30% MS 98 '' J-D 1961 s F-A 1 79 % 70 6 .-1957 —1958 1950 External 44 81% mm'■ 50 29 1952 assented— .—1943 79% *99 F-A (Province of)— (Rep) *77% F-A A-O J-D 98 31% A 7s 1957 1958 5s 1970 72 30% A Chile 86 80 —1963 97% ' 8s 17% 70 >>■". 50% 70 1957 (City) -> .75 I 1 M-S 34 ACarlsbad 17% 10% '' ' 'mm 76% M-N 30% 3'As 97/B /'• 15 ' /// 76% A-O 7-year 80 Vi 76% 76% 5 25-year M-N ■/ 86 15 38 23 2Vis f s 19 86 (State)— f 5s s 16 % J-D 1959 ; South Wales New 17' M-S - 81 38 34'/a 10-year series A A6s 16'A MS 1952 7s 78'% 15 99% s (City) 80 44 32% external 13 14% 76 7» 99% 3% 5% 6 M-S 7b 33% Canada 37 A-O 75% 1955 f 4'/a-43/0S 267 107/B 1956 74% J-D s 12% 14% 13 5'A 1965 74% J-D External 12'A 5% 5% 4%s M-S 1955 stamped 16 4%s J-J 1941 A 6s 12 'A J-J v: 71 9»/a fund 1949 (City) s f 5s Sinking fund gold 5s Sinking fund gold 6s J-J 1933 13 10'A 14% 13 fund 1956 Brisbane 10% sink 1957 f 7s_ Buenos Aires AMontevideo 75% Ry) 11% 5 sink 65 f 6Vis of 1927 5% *5% External >— f 6s s 35 External 75'/a • s (Central 10% 75% *75 s AExternal 82% 82% A-O External A 7s 15% 72 65% 1972 5s of '25-1955 ; 12 8 71% 16 23 external 8s_ f 6Vis of 1926 5% 6s 75% 6Vis \ . External 82'/a External s 62% 78 95% 75 §ABrazil (U S of) AExternal 15% 82 4Vis of 1928 Q-J 1945 Norway external 6s— 95'/a M-N V-R. — F-A f extl conv loan 4s Apr External g ' —1972 —1971 1927 1945 9% M-N 1958 s of 82 >1959 AExternal 5s 80% f 6%s J-J 4Vis J-D f 6%s 1945 loan 4s Feb 10 10 s 7s series D series 11% 15% s f iCommonw'lth) . 11% external s External 473'b 69 — ■ 87 15% ASec external A External Australia 15% 68 15 Va • „ J-J S 16% % (State)— • J-J 1945 loan 63 Vi A-O 1943 extl 5s of 1899 £ Geraes —1945 eonv 6 , 55 ,1954 lATreasury 6s of 1913 assent Minas 7s series B conv 8 J-D Q-J 7s series C f 68 1954 J-D f f extl 60 1945 f S • '81 __1954 s S A-O AAssenting 4s of 1904 AAssenting 4s of 1910 s sec 8 17 1957 7s stamped assented External 1st 16 15 Irrigation— AExternal A 66 M-N AAssenting 5s of 1899 (Colombia)— sink fund 6s AGtd Akershus • 98% 108 Municipal & (State Mtge Bk) (Colombia) 6%s (Prov) 4s readjusted A Mexico Govt. V A-O 1960 AMedellin Mexican Corporate Stock Foreign . 1960 (City) extl 6%s AJugoslavia City Agricultural Mtge Bank 143i 104.23 J-D • 3% -- 104.25 M-N M-N Transit Unification Issue— - 16 15 f 6s series A—1952 s 103.5 Mendoza < 16 1968 *103.2 1945-1947 M * — 1964 _ *103.2 Corp— 3s series A - Government— J-D 1944-1949 Owners' Loan Greek Ik-3 1944-1952 3s Home 1949 • external 7s 1979 J-D F-A J-J F-A F-A 60 M-N 1978 1978 1984 1958 1958 62% 62% 33 60 10 51% 51% 59 17 54 64% 41% 52 *57 59-% 64 64% *53 54% *11 11% 107% 107/a — 4% — 11% 60 5 . 10% 3% 11% 1 THE COMMERCIAL & FINANCIAL CHRONICLE Number 4131 Volume 156 Friday BONDS Exchange Stock New York Ended Week Dec. Interest Period < 4 BONDS Week's Range Last Bonds Friday's or Range Since Sold Sale Price Bid & Asked Low January No. High Low ; J-D J-D M-S 10-year deb 4'As stamped-.— 1946 Gt Southern 1st cons A 5s_„1943 F-A 103 J-D 10414 .1943 3-D 1st Power 3'As mtge J-J 1972 55 63 9f% 81% 94% 85 92% 63 Albany & Susquehanna RR 3'As—1946 3'As registered . ——1946 A-O A-O *93% *92 106 Va 103% 104% 107% 47 107 % 62 % - 5 :: Alleghany Corp— 5s modified , ———1950 1950 modified— 5s income—.-— A5s A-O -1949 — Alleghany & West 1st gtd 4s_ 92 Central Illinois 30 63 76% JACent 2 51 64 iACentral 49% 50'/a 50% 64 41 59 5s 60 68 - 65% A-O 1998 78 . Allied Stores Corp 4 Vis debs——1951 t Allis-Chalmers Mfg conv 4s___——1952 Foreign Pow deb 5s I G Chem cenv 5'As. & Am Amcr —2030 • i.1949 t 102 f 1 75% 101% 104'A 93 5 101 101 105% 108'/a 16 102 % 103% 103% J-3 100% 104% 59% 101 '/a debentures.. 3As 3s debentures conv Tobacco Amer J-D ■■ ■ 106% 107 % 107 M-S 107 106% 107 % 185 .1962 A-O 101 100% 101'/a 84 3s 106 Am Type Founders conv deb—__1950 * Am Wat Wks & Elec 6s series A—_1975 J-J A Jan Q-J M-S. V F-A J 87 Topeka & Santa Fe— 34 55 53 69% 99'A 101 ' 103% 104% 38 100% 106% 103% 104 32 100% 106% Conv 4s gold 4s of 1909 Conv 4s of Conv gold 4s of ref 4'As A— 88% 87% 112 101 111% 8 102%- 103 tr 5s Second Atlantic Refining deb 3s—: 84% 63 Va 129 102 72 102 74 33 87% 57% 66 '/a 32 J-J J-J —1953 32% 29 *100 105% M-S *24 27 15% 28 *17'A 19% 11 20% 110% 110% ' 100 & Ohio 54 62% 75 18% 88 13% 22 16% 15 16% 19 14 20 16% 15% 16'A 36 12% ' ' ' A-O 63% 83 30% A-O Ref & gen ser A (int at 1% to • 1946) due —..1995 1 Dec 87 92 Vis 93% Sep 1 1946) A Conv F (int at 1% to ser J-D •« 25% 33 % 95 % 100'/a 106 102 Refunding 4s series C a 1st series A 6s series B.;. & gen 5s '' ' 57% 59% , - 5s!% 163 59% 116 54% 29% 26% 30 3314 30 33% 223 25% • 421- 29% \ Af-S '4 29% 25% 29% 23% F-A J-J 21% 24 49% M-N A-O J-J 93 ' \ ; '92% , . ^ J-J J-J RR 1st 5s——1943 ——..1951 J-J J-J J-D A-O J-J A-O . ; ■ 3'As.___——.1943 Beneficial Indus Loan 2'As.——1950 J-J J-D A-O A-O J-J F-A '"-A cons 1956 debentures——..*— 2%s debs. ..—1952 Consol mtge 3'As series F__ 1959 Con sol mtge 3 s series G———.I960 Consol mtge 3'As series H 1965 Beth Steel 3'/2S conv - 46% \ 36% *93'A • 24% 39% II-—-..—;—1955 gold 4%s series 33————.1961 mtge 4s series RR.——.1960 AInc mtge 4'/as ser A July 1970 series J-J M-N 1st ' 1955 . 'Bklyn Edison cons M 3'As__—.. 1966 Bklyn Union El 1st gold 5s :____1950. Bklyn Union Gas 1st cons gold 5s_1945*»; JABoston & N Y Air L 1st 4s., & ref 6s series A...—.1947 F-A Af-N F-A Af-N 49% 99% 24% 45 - 73% 62'A 72% 73% 72 73 Vis 50 71 80 J-J 31% 31 % 141 21'A 34% 29% 1 M-N 56 — Bush Term Bldgs 57% 58% 58% M-N — registered 43 'A ■ Guaranteed gold gold 5s_. A-O J-J Oct 85 17 •99% 100 98 100'/a 96% 102% 105% 2 109 33% 51% 40 64 32% 48% 44 108 34 53 41 44 79 34 53% 41% 43% 53 34% 53 167 it 18% 1,221 8% 19 3% 4 "4 1,354 1% 5Va 20% 34% 78 *70 97% 42% 20'A 22 99 13% 25% 20'A 22 96 14'/a 25'A 415 1% F-A \ ACertificates of deposit——. 103% 102% Chic 79 & West Indiana 60% 100% 100% 36 100% 106 1 98% 108 81 81% 17 72% 97% 98 12 113 78 32 .. 88% —— 5s 41% A-O *108'/a 108 79% J-J 109 J-J 107% 79 General 108% 109 81% 1st 4s„. 107% 112 Vb -112 112% & 3%s gtd. 3%s & Gen — s trust ctfs trust gold 5s Collateral For trust 4'/as footnotes see page & South 4%s Columbia G & E Sou 108% 111% Columbus & Tol 70% 70% 70% 49 62 99% 99% 13 89% 100 105% 105% 5 103 72'A 105% Debenture 107 107% 54 100 100 105'A 103% 25 M-S 99'A 102% 7 9 5 Vis 96% 22 92% 97% 97 ., 100'A 96% . 96 'A 97 16 94% 99% 20 A deposit deb M-N ■l '' to.— 27% 93 % 93% 93-to 19 81% 95 Va 1st 88% 88% 88% 34 77 90 Conv 30% 106% 110 15 . 108'/a 110% 111% 110 99'A 99'A 99 *68% :X'V 69% 65 44% 46'% 177 4G% J-J 46 46 % 7 5 65 • 106% 65 106 65 106% 112 99% 76 85 85 45% M-N J-J 50 109% 111% 16 86 42'4 44 53% 52% '64 74 % 104% 108% deb 108 108 105 105 *105 105 108 72'" 72% 10 A-O 77% 76% 77% 25 75% 63% 71% 58 66% 64 % 66% 60 60% 58 60% 67 J-D F-A M-N 91 87% 1970 M-S 3 %s_ extl 4s__ —1955 F-A Mackay Corp— w w Apr 1 1969 90% J-J A-O El 100% 100% mtge 3%s series I debs 3%s ^ 3 4 82% 22 A-O extl gold 4s—1948 Ohio *103% 100% A-O M-N 103% 103% 82%' 21 22 % 164 21% May 1952 1968 1958 83% 84 A-O 63% 66% 1961 1st *106 *105% 107', is J-J ' *105 F-A A-O Apr 15 1952 1st M-N F-A May 21% 2 90 90% 60 90% 91 87% *109 88% J-D J-J 3 38 100'A 103'A 79% 89 15 28 21% 24 84'A 102 85 102 78% 101 Vi 109 109 106 113 109 V8 109% 109'A *111% 21 55 55 65 110% 111 24 108% 111% 108% 108% 39 106 54 Commonwealth Edison Co— J-J 1 49% 17 3 '*._ to*— V '"A —,' J-J *. 36 38% 15 109% 110 i F-A J-J 48% 40 *111 —— ; 5s 5s_ Commercial Income •/'■1 26'A 109'A 109'A :: , 44'A 40 45'A A-O M-N A-O 1980 series A— Debenture 5s__ J-D - of ACertificates & 99% ;_1960 A Colo Columbus J-J 1954 — 56% 68 45% 1 1945 1943 1970 gtd 4s s f 5s gen mtge 103% 108'/a M-S J-J income & H V J-J :.1944 5s Columbus 1946 5s equipment Colo Fuel & Iron ""■* 110% 11 47 59 16 1977 f 4%s series C— 112 111% 111% 5'/a 80 43 % ' 45 107% , J-J 1981 gtd 4%s_. 1961 Union Term gtd 5%s_„—1972 s f 5s series B gtd 1973 105 1946 deb stk perpetual 4'/as J-J 62'A 49 *41'A . J-D Cleve Short Line 1st 108 M-S ' • 55% 49 V; V) 68 67 62 J-J 1977 series B ref 4%s 103% 109% , *_. ■*._ , M-S 1948 .1950 gtd "4 37 109 34 Pittsburgh RR— C D 37 107% 108%- 110% 110% 74 J-D 1970 General 4%s series A 104% 108% 108 Coll 109% 2 108 trust 85 22 110% Pac Ry 4% 104 108% 107% 107% 109 3'A *71 J-D 1977 1991 1990 1st coll tr gold 4s Series 111% 111% A-O - 78 7 3%. ' 1993 Cleveland Elec Ilium 3s.—. 63% 106 18 1% 1993 gold 4s Ref & impt 4%s series E 83% 70 •/» 79% 3% 49 Chic & St Louis Ry— Series 53 ... General 5s series B 5% 78 3'As & Elec Gas Cleve Cin 5'A 13 ,10% J-D mtge 3%s_—'.——— Cleveland 5 78 85 J-D deb 5 s Co Debenture 1st 115%. 41 12 19'A F-A ■ 110% 110% , 19% 21% 18'A 1967 Cin Union Term 1st gtd 3%s D—1971 1st mtge gtd 3%s series E 1969 Clearfield & Mahoning Ry 5s.. ;_1943 Childs 88% 105 60 Vis 9% 18% 1966 Cincinnati 60 18% 18 17% A-O 27% 81 166 519 19 % .1943 1057 5s_—.1952 109% *76 31'A 30% 92 14 11 34% 29% 18'A M-N 1952 1962 1st & ref 4%s series D—; 107 10'A 4% 59% 278 — 4s com 24% 11 35 40 52 A-O —1963 .1963 • tAChoctaw Ok & Gulf cons 10 3 Vis M-S guaranteed 5s—Dec 11960 Income 43% 113 31% 30 30% J-D 76 33% 2 Vis 52 J-D 75 Va 32% 3%; \ J-J 1st 5s—1960 29'/a 33 M-N gold 4%s 131 3 . "22 J-D 4s——1988 39% 115% 115% 35 35% 36% 21% 39% *110%. 23 22% 23 57 J-D 66% 81% 25 109 26% 74 104% 104% 30% .33'A 14% Chicago Union Station— 1st mtge 3%s series E 1st mtge 3'/as series F__ 85% 104% 105% 33 , 26 83 *81 32 31 33 22% 108% 109% 104% 30 32 33% i' 35 34 19 72% • 2 38 70 75'% 30 32% 22% 25 146 98 *22% 39% r 32 30 40% Chic T H & Southeastern 105 74 *92% 71% 1 22 32'A 29% 30 22 Va 101 78 31 31 103 104 29 31 20'A —...—1960 5s—1951 —1951 Memphis Div 1st gold 4s 1951 98% 98% 102 101 *102% F-A Coll 43'A 10% Railways 1st 5s stpd paid——„———1927 part AConv 102% 105% F-A Can 70 38'A Chicago St L & New Orleans Gold 3%s— 23 J-D Canadian Northern Ry deb 6'/as 56% 31% } A Chic R I & Pac Ry gen 83% 28 9 A-O - 1969 1951 13 22% ACertificates of deposit § ARefunding gold 4s 1934 § A Secured 4%s series A—.—1952 98% 1970 : 67 ■, "104% 104'% 1956 Guaranteed 11 66'/a 61 60% 48 127% 130% 5 1955 4%s 4'/2s 4'/as__ 6% 40 ... 25% 104'A 108% 27 Guaranteed gold gold gold 9 M-N AConv 4%s series A.*— 72% 104% 104'% Guaranteed gold 5s Guaranteed 7 M-N A 49 11 A-O • July 1969 5s 6% J-D 53% 45 102% 103% A-O National gold 4'/as_._L__1957 Guaranteed 99 1936 2037 2037 2037 —1949 Coal River Ry 1st Canadian 34 7 32 M-N 6%s.^ —— 1st & ref gold 5s_ May 1 1st & ref 4%s Stpd May 1 1st & ref 4%s C .May 1 St L Div 1966 1962 26% 38'A 4%' . M-N Cin Wab fi M Div Af-N 1952 ..1955 gtd 5s A 29 41'A • 18'A M-N Fed inc tax...—1987 5s stpd 1st cons 36 30 43% v M-N 1st Southern 38 28 44 J-J 1987 j. 45 19. 40% 1 66 % AStpd 4s n p Fed inc tax.—1987 4%s stpd Fed inc tax 1987 Cleve Canada 31'A . 30% ^ 48% 48 19 10% California-Oregon Power 4s 33 2 6Va - J-J j - 1934 1960 12- 34 28% * 7 J-J 37'A 68% 61% 6% •29 . M-N ——-r 43 24 IOOV4 100% J-D deposit... 5s gtd__ 116'A 123 26 31 31 M-N —i 4s— 34% ■ 102% JBurlington Cedar Rap & Nor— 5s~ 1 65% 36% ■ - J-J - 118 33 J-J 1987 95% 100 100% 115% Consolidated 118 64 % —1987 registered AGeneral A 94% 83% 65 -X 54% 97% 88 97'A 78 V. , 93'A 90 81 'A M-N 39% 104% 104'% F-A; BuslnTerminal 1st 4s 81% F-A A4%s stamped..—„—1987 186 98'A 104% —.1981 Buffalo Niag Elec 3'As series C 1967 Buffalo Rochester & Pgh Ry— Stamped modified (interest at ' 3% to 1946) due..... —1957 Buffalo Gen Elec 4'As B , 35 65 A-O 42% 175 129'% 129% -81% ; 94% 97 80 .Jan 1 2000 18% 37'% *82 104% J-D Af-N of 85 62 'A F-A AGen 44% *44 gold 5s * —1950 1st lien & ref 5s series B—:...—1957 ACertificates 51 81% " 1975 485 " 57% 58% Af-N * Debenture §Alst & coll 5s F 39 35% V58% v M-N A-O 1st 1st lien 25 93 93% 65 ^Chicago & North Western Ry— <, AGeneral gold 3%s— —.1987 44'/a 114% 13 ' May 1 1989 May 11989 series E 4%s AMtge gold 5s series A AConv adjustment 5s 65'/a 121% 114 M-S J-J 4%s 24% *99% 100 F-A M-S Maine 1st 5s AC..——1967 1st M 5s series 117 % (558 16%; F-A 39% 335 43 44% J-D : Big Sandy 1st mtge 4s—1944 Blaw Knox 1st mtge 3'/as— 1950 Boston & 96'A 44 " J-J J-J 4s Del .. 119 15% 16% 130% 126 114% J-J JSAChicago Belvidere 1 119 119 J-J a due.,.——1950 A___.1959 stamped .1951 Battle Creek & Sturgis 1st gtd 3s._1989 Beech Creek extl 1st gold 3'/as—.,.1951 Bell Telep of Pa 5s series B_—w—1948 1st & ref 5s series C— 1960 100% 104% J-J J-J §ASecured Toledo Cin Div ref 4s Bangor & Aroostock Con ref 4s 100 '/a 104 37 *106 J-J AGen .—Feb 1 1960 1947) 1 Jan 6 39 103'A 1103 series-A———May 11989 AGen 62% 28; •• 371 29% 94 105'A 102'A 102% - 103'A 4s 4s Af-S , Pgh L E & W Va System— Ref gold 4s extended to—.1951 S'west Div 1st M (int at 3'A% to 95 % 80% 129 % 129'A 102% F-A .V' gold 3%s series B—May 11989 4%s series C——May 1 1989 3%s J-D due—.1996 due 78 57 102% 104 J-J , (int at 1% to due.. ——2000 Sep 1 1946) 58% 104 M-S 1947 ——1947 Ref & gen ser D Ref & gen 54'/« 75 49 '4 52% 87 .M-N .—1982 —.1966 A 1st & gen May 1966 Chicago Ind & Sou 50-year 4s 1956 ^Chicago Milwaukee & St Paul— - 1995 due 1946) 1 Dec (int at l'/s% serC & gen to 83 Va 62 130 tChic Milw St Paul & Pac RR— Stamped modified bonds— 1st mtge gold (int at 4% to Oct 1 1946) due July 1948 Ref 68 1 53% J-J A 40 2 58% 107 152 73 93% AGen 55 14 109% 17 83% 73 F-A 19% 13% 81% A-O A..1947 77% 19 105% 105% 57% ' ' 19 108'A 109% 109% F-A ;.1997 (conv).— inc mtge AGen A-O *15 & Eastern 111 RR— AGen July 1948 110% 112% 73 J-J RR— mtge gold 4s— 3 8'A 17'A AGen 1st 8 Va 3 70 J-J Chicago Gt West 1st '4s series A—1988 AGen inc mtge 4%s 2038 B Baltimore 3 18% ' —. 1977 1971 A._ $ A Chic Ind & Louisville ref 6s ARefunding gold 5s series B 94% 102 §2 168 73% 28% J-J . series 5s Chicago & Erie 1st gold 5s 104'A 101 66 62% 73 & AGen 110 r 1959 Atl Gulf & W I S3 coll tr 5s— 83% 63 M-N .__1948 4s.._A_, mortgage 84% Af-N coll gold 4s_.—.Oct N 4 J-D ...May 1 1945 1952 Atlantic & Danville Ry 1st 4s_._; 1948 coll 10-year ref Chicago M-S ..1964 24 ■ J-J L & 109% 112% 100'A 103% 109 30-year 5s series B___ 1944 Atlantic Coast 1st cons 4s._._Juiy 1952 A— 1st "3 102% 102% General unified 4'/as 6 J-J .1958 — 1st & ref 4 %s series B__ 97% 101 % *109% J-J 1st 6 —..1949 General 4s 110% 112'% 5 .111% 111% J-D 6 J-J —1949 registered— —! 4s 105% 103% ....1944 Atl & Charl A L 1st 4'As A 32 —1949 4s Division Illinois 105 101 112 24% 193 6'A A-O 1949 registered.. 3 %s 96 *100 5%s A— Chicago & Alton RR ref 3s 95 6 104% 104 % Af-S ' 1 92% *104% 105 J-J 1962 92 92% J-D 10% 23'A 6 J-J Chicago Burlington & Quincy RR— Illinois division 3%s_: ——1..1949 106% 112 58 92 J-D 1958 1st 4s 1st gold 5s_„—1946 Atl Knox & Nor 92% 1960 1910 Trans-Con Short L Cal-Ariz 1st & •" —1955 1905 111% 111% 111% Nov M-N 3-D —1995 : 1995 1955 * Adjustment gold 4s Stamped A-O 76 22% M-S M-S S f " ■ 1995 General 4s— 36 45% 6 ..1950 deb 4%s (.1938 issue).—1950 A Atchison 23 90 J-D Chesapeake & Ohio Ry— General gold 4%s_ 1992 Ref & impt mtge 3%s D —1996 Ref & impt M 3%s series E ..1996 Potts Creek Br 1st 4s~_—......1946 R & A Div 1st cons gold 4s—1989 2d consol gold 4s ; —1989 108 10 82 96% i *100 -103% 103% J-J „ 19 55 58 % v 95% 21 70 101 Va 58 •54% 29'4 Jf-S Prod 55 99% 100% 93'A 100 66'A Hf-N 109'A 100 42% 3 Champion 103% 106'/a 54% 96 M-N Anglo-Chilean Nitrate deb 1967 fAnn Arbor 1st gold 4s_—J..-.1995 Ark & Memphis Ry Bdge & Term 5s 1964 Armour & Co (Del) 4s B____:.-—:_1955 1st sink fund 4s series C (Del) .1957 106 106% 8 70 23 . 1948 105% 108% 57- 49'A 98'A A-O Paper & Fibre— S f deb 4%s (1935 issue) 105% 108% 118 108 —1956 * deb Co 107 107% A-O ,—.—1961 1966 debentures 99% 103 A-O .1987 — 60% 106% 108% 2 29'A M-N registered Certain-teed American Telephone & Telegraph Co.— = 3 'As 4s High 69'A .1987 Central N Y Power 3%s ...1962 Central Pacific 1st ref gtd gold 4s_1949 Through Short L 1st gtd 4s .1954 Guaranteed gold 5s 1960 § ACenlral RR & Bank'g of Ga 5s__ 1942 4s ■) 10 91 73% 72% 73 registered *7 103 49 Low 47 98 '/4 F-A 1966 1961 1987 —1987 of N J gen gold 5s AGeneral 21 % 106% 107 m-N Corp conv 5'As__—1949 Am Internat 102 V 102% F-A M-S M-S Light 3%s 1st gtd 4s__ Eng New No. 100'A 100% 100% J-D * 72'% 71 71% 144 103 J-J Range Since January 1 Sold 108'A 108% — 3-D —.— 58 % 90% 89% 90 ~ . Bonds 61 F-A Corp 3%s debs 58% F-A J-D A-O - 1981 94 107 *60 62% —-1944 1st gtd gold 4s__ & Adir Celanese High M-N Celotex Corp 104 % 104% 103 Friday's •— U-S 1950 63 10 A-O modified—, .1965 Corp 5s w w 54 13 1948 • Cart 102 104 % 104% 104% 103 / 62% 98'/a 101'/a *104% 104% or Sale Price Bid & Asked J-J 1962 deb 4%s w w 1947 A Cent Branch U P 1st gold 4s__l_1948 ^Central of Georgia Ry— A 1st mtge 5s Nov 1945 § A Consol gold 5s 1945 ARef & gen 5%s series B .1959 ARef & gen 5s series C 1959 AChatt Div pur money gold 4s__1951 A Mobile Div 1st gold 5s —.1946 A-O 5s Clinch & Ohio 4s & Gen Carriers 100% 101% -1948 Albany Perfor Wrap Pap 6s 6s with warrants assented 72% 44% 48% •101 Va 103 J-D Ala Alabama 48% *101 Week's Range Last Period Low 6 5'/a 70% *■68 .1953 —_—-1953 coll tr gold 4s._—1948 Coll trust 4s of 1907 1947 4s series B Interest 4 High Carolina AStamped cons Friday Exchange Dec. t§ACarolina Central 1st gtd 4s_.._1949 Adams Express 1st Stock Ended Week v / • York New . 1 Railroad and Industrial Companies tAbitibl Power & Paper— §A5s series A unstamped-. 2017 109% 2020. i THE COMMERCIAL 2018 Week' Ended "v .—1943 Riv 1st 4s Pasump & Conn iBONDS Bonds Range Since Sold Friday's or January 1 Sale Price Bid & Asked Period 4 Dec. Last Interest Stock Exchange New York Low Monday, December 7, 1942 YORK BOND RECORD NEW Week's Range Friday BONDS FINANCIAL CHRONICLE & Low No, High " • Friday Interest New TorkvStock/Exchange ; VVeek'Ended - ■ . 4 Dec. a Week's Range or Friday's, -.Last Period ' High Low Illinois Central RR—(Continued) A-O Range Since Bands Sale Price Bid & Asked Sold 1 January Low No. High High V ' 1951 II J-J Stamped gtd 4%s„ 1951 Conn River Power s f 3%s A——1961 J-J 1st & ref 4%s Conn Ry & L *109% . F-A ... 3%s 3Vas debentures.—— 3 Vas 15 30 104 Litchfield Div .1st gold 3s.—1951 J-J' Qmaha F-A 106 10614 21 103 106% .-1958 10714 107 % 104 1041a 14 J-J , J- D 1951 36 26 37% 36 23% 37 80 98 4s————1955 "33 ——..1956 J-J *33 ADebenture 4s Coal Consolidation 38 J-J ADebenture f 5s__ s 95% J-J .—I960 i ■ 6 97 : 1st gold 3s. 1951 St. Louis: Div 8t Term gold 3s.^_^1951 •'•.-Gold 3.%Sa_4Z—-.1951 Springfield Div 1st gold 3%s,..—1951 Western. Lines ,1st gold 43..^^.^.1951 , 101% 105% 1 33 33 J-J 105% 108 3 23% 33 fAConsol Ry non-conv deb 4s—_-1954 Div Ill Cent and 1st 48% 59 38% 49*. 71 41% 251 83 54 40% J-J Louisville Div; & Term gold 3VaS.1953. 10614 102 41% 43 52% v J-D „ 102% 104% 104(4 104% A-O — Coixsoladated Oil conv deb 3%s 102 !/a 103 A-O A-O —1946 debentures. ——-——1948 debentures—-2 -1956 debentures • ■ „F-A Cairo Bridge gold ,4s_————1950 , 108% 111 110% 110*8 . 40-year:4%s2—.A--—1966 10814 110 — Consolidated Edison of New York— 3!4s M-N —1955 Refunding 5s_._— 119 *112 ■ ► _ "81 - 82 *57% 20 42%' , 44 44 JrJ J-J 45 ' 48 Vb ,J, J-J *.:a * 53 59 40 46% 39% 49% 43 54 79 41 0 59, 41 V 79 13 • 48% : , 6 95 ' F-A 63% 60 637n 18 J-D 45% 43% ,45% J-D . 58 Va 57 59% 58% -<i 41% 41% 56 66 242 40% 52% 144 37% 47% 13 66% 82 V8 19% 27% Chic. St L & N O— t Joint ref i 1st & ref 4%s .series C 5,s .series A-i——.-1963 —1963 ; 39% ■'!'' Co— Consumers Power M-N mtge 3%s 1st 109 109% 109% 109% 2 M-N 110% 110% 107 % 108 12 99% 101 Va 95 8 90% 98 34% 34% 4 26 37 % ■23% 33 Va 94» 107% 109% 23 104% r',-7 1 108 Vb 108 Va 102% 105% 104% 104% *101% 102 32 A-O 103% 103 VSJ 2 .deb 4s A-O , A-O 6s' series A_—July 1952 AAdjustment 26% J-J , 29% 1% 6% 25% 120 11 28 25% ,14 11% 28 36% 25% 107 24 VB • 5 % 24% 25% J-J 99% 104 11% 4% 5 % ' J-J / Al'st 5s> .series. B-.-—1956 99% 102% 120 27 26 . 39% 196 21% 39 Va i 28% 10 39% 39% 7 30 40% Intemat Hydro El- A-O 32. 32 1 28- 35% Inteniat J-J 102% 102 Va 103 15 102% 105 36 Va 36% 4 25% 3814 M-S 104%: 104% 105% 10 104% 105% 28 J-D 1946 291a *36 Va 38 30 Va 38 *27% 29% 2314 33 % 94% 95% 86% 9 5 Va J-D receipts..———— Publishing Co 3s deb—.—.1955 :gold 5s. series 1956; deb 6s———.1944 Paper 5s series A & B—1947 Ref sink fund :6s:series Ai,_—2.1955 A 1st. .1 3314 2314 *28 — — ADeposit Int Rys Cent Amer 1st 5s 1st-lien 94 Va A-O 29 *90% ,F-A MS — 90% 101 61 155 35% 61 63% 65% 201 38% 65 Vb 1%. ■ 1% v' 94% 59% ; 63% ■ 96 85 92% *92% 60% 1955 ' , F-A J-J & Teleg ,deb gold 4%s—1952 Debentures 5s «. 39 % ; . M-N —1972 ;B ref .8%s—————1947 & Int Telep lAIowa Cent Ry 1st & ref 4s_.—1951 Curtis j 108% 108 A-O conv t A Inter-Great Nor 1st 6s series A.1952 - 80 .—1947 Interlake Iron -t •79% Cons/Copper 4s_——... 1952 Inspiration 1 J-J .—1946 extended to B series 109 101 — receipts.—— ADeposit 08% 111% 106 1091a 28 % receipts— receipts.....—. A71/2S series A extended to 3 94 Va A-O RR 1st 5s gold———..1952 Deposit A6s M-S 2 J-D A J-J 109 Vb 109% J-D Deposit $AInd & Louisville- 1st' gtd 4s._—1956 Ind Union; Ry 3 Vas series B—2986 Inland ,Steel 1st .mtge 3s. series F—1961 101 M-N 1955 A 11014 107 11 M-N § A Cuba Northern Ry 1st 5 laS—1942 Crucible Steel 314s s f debs— ACuba J-J 108% 110 Va 20 M-N _—-1965 mtge 3%s——_2——1967 1st mtge 3%S—————————-1970 1st mtge 314s— ——1966 1st mtge 314s— 1969 Crane Co 214s s f debs__————1950 1st 1st gold 4s_—.1950 Ind 111 & Iowa *: . 1% 3 l/r. 2% * D 105% j-J Dayton P & L 1st mtge 3s— .1970 Union Ry- 314s series B—1965 4s 1943 j-D Delaware & Hudson 1st & ref 414 s ref & 1st (subject to plan) AAssented ARef j-J '■ ;V *108% . . •' v 20% : 'J-J F-A 2 A-O % 88 10'/a .;■"■ ■'■: 37 "1% 2% 2% "';■;:. '• 74 ". ;; *J-J '• ir 6 '' • .... 5 A-O V 11% ' 12 6,• "Ill 7 89% 78%. j-D *1.-* ———1995 j-D •".•■ " • 'v 1 . :%.■ 6'- ■ gold 4s M-N & Tunnel 4 Vis—..1961 Term deb 214s 101% 106 % 31/2?—.1962 M A-O , 42% 32 26 17% 25 ' 2 ;•■, 85%: 85% 102% 102% .'7 >, 107 ' ' V' 80% 15 10714 gold 5s—1937 Duquesne Light 1st M 3V3S>; —1965 f § ADul Sou Shore & Atl 22% 22% 22% 110 110% *105 15 Va 108% j-j Ga Div 1st 5s East Tenn Va & Ed El III (NY j-D M-S 5s —1965 stamped.—.—,_—■ Railroad Erie 101% ■ 10114 101% • ' -^11' V A-O 1965 ! El Paso & S W 1st 5s— "'7 ""'•v. 1.v-" , *101% 103 ' V- 62%% 63 62% A-O • . 37V2 63 66 56% 65 J-J > 61 69 % 68% 70 3ft 65% 74 109 J-J 37" 108% 109 mtge inc 4%s series A N Y & Erie RR extl 1st 4s. Ohio Div 2015 • ... 89 % v 871%. 89%" 52 110% 111% J-J 4434 "l 40% 86 86 11 80 J-J .„■ 44% *91 . 1971 • M-N m-s ' ■; ; 'i S / i Fairbanks Morse deb 4s 1953 58% *104% J-J 168 *105% . ... -M-N i Florida 10*2 —1959 & ref 5s series A—.———1974 of .ACertificates deposit.— r— % - % .: '■ .: 86 86 .i.947 J-J Sou gold 3%sj. .1997 J-D registei-ed—. Lauta 10 Nitrate Co.Ltd-—*., ; .1997 J-D .1975 Dec & ref 5 Vis; series 5s extended at 3% Lake Sh & Mich ' 86% 194 93% 58 to ^Vas *. Ajst, mtge 'income reg . 1982 (Proof of Claim').. of deposit... I :...) % :-I;V , ' ' f'v 3.06 *98% ^ ' • "I v !; 98% % 97% 98Vb 37 - 5 75% 88 so 2 72% 84 35 55% 55 55 : , 55 % 26 —— Food Machinery Corp 3s debs Francisco Sugar coll trust 6s._— 78%' 78% 10 .1954 J-J 75% 75% 14 .1965 A-O *93 Vv M-S -""' 57 Va 78 18 20 228 17% 20 8% %.: ■ 12.. ... 7% 20 3% :f> ' ■ y■' ■ -j-D Iu M-N • '.;■' 3% ;t:V'V.S .3%. 3% '■'':■■-■ ■%,% .5 ■'■• 102Virl02Va ' v. 82 %- '■:%(,■-- 82 2% ->.;;."-. 100 . 102% 69 85 Va ' 4s G ■';:4%v5v;.' ' Gen Steel; Castings 5%s Ala Ry 5s —.1949 J A Georgia & j? AGa 'I ■.:;'. •\ j-J Oct 1 1945 : j-j 90% Caro & Nor 1st ext 6s—1934 Goodrich (B 1st F) j-j 4%s_——1956 .,-j*I 'V- j-D —1946 'w; -v. ,j-j 1973 1976 J-J '■ , V:: series G— mtge 4s series H_ Gen mtge 3%s AGreen .—1977 ... Gen .1946 — 1967 „ B——— 1st Gulf States Steel M 5s Feb -7 *60 ..■ A-O stpd—1952 —1961 Gulf States Util 3%s «eries D„ 1969 • I; )V 65 93Va 99% 92% 87 10 V 91 79 Va V ( : 87%"- V % ■ v, 1 5714 65 7% 27. .v ■: 86 j-,7 f. v- j-j ; ; 70'4 521a *92 %, ■ " 69 • ■';,-52j%,.,< ■V;5 70 V: 53%. '" . . M-N : : 5 ' ' lllVa 111% "• ":"% , debenture.*..—2_—_------ .1951 igem 4s;'series A—— .1962 A-O .1949 M-S ref gold 4822-—-2 stamped*_.2.^22—2V- .1949 .1949 ; "■ ■"' .1944 Hoe (R) Co 1st mtge.. JSAHousatonic Houston Hudson Oil Ry: cons gold 414 s Coal 1st f 5s_1.1937 Co & Manhattan 1st "j-j series gold 5s 1st —.1949 5s v.-.-' 82 Va M-N j-d '• v-:' ' 3814 84 (Pi P2Va 59 92% 101 • '' A„_.1957 F-A 45 7 A-O 17 Va ...... 119% 35% - . , Central series !, _ 1st gold 3%s 1st 1st IIIII1951 gold 3%s 1951 gold 3s sterling... Collateral trust 118 Vb 120 Va 457b 69 36% 48% 17% 29 8% 21 Vb Purchased 100% 101% ' *93 For footnotes ■' J-J A-O 1952 • ! „ M-N gold 4s„ see page .1953 2020. M-N *865b '•»» 90 w- 90 : < 116 ■ % " '' 77% BlT-l— 1st .>42003 : - " Paducah & Mem Diy 4si_——-.2_1946 f- 2d gold 3S._———1980 1st gold 41/2S__-—1945 South Ry joint monon 4s——.3-1952 1—1955 & Cine Div 4s Atl" Knox K . . I.yir ''*/ r " .... 26 ' 25 110 *104 • ' ' ' J-J J-J 22 F-A ' M-S 1 t ■ — *.L= - ,' : '-41. - ; 82% J-D 47- 47 M-N 49% 49% 4s—,—1959 *15 lb 93 rwestern' Ist gtd- 3 %S— -*—1941 Marion Steam Shovel s f 6s__.—1947 Stamped c——— 86% $ A Market. St Ry 7s series A„Apr 1940 104% 106 104Va ,99 90% 98 84 93 % 80'/a 86% 101 104 _2' _2 — • 105 : 109 • , ,■ V 106% 80 84 107 107 86 94 : 108% 111% 4 45 85% 79 1 , 43% 86% 5514 53%. . , 69 30 % 42 102 102 98 102% 102 102 102 97 102 Q-A 86 Q-A 55% 3934 49% Metrop Ed 1st 4V2S series D 38% 46% Merop 61 108V4 110 V4 104 *24%, J-J A-O A-O 11 ' • 13 82% J-D M-N 127 46% 84 Va 75 13 — 2 *30 43 45% 1 11914 122 Va <) 1 93% *110. M-S 46 lb . 10 ■ ' 82% *88% __ M-N 84 109 *106% 108% 2 '■' 8 2 1 104% 104% —»' '■'„ •" J-J ... .29 -■ 1031a 109 ' ,22"' ; ; 17 103 2- \ M-S 83% 83% A-O • '92% V94% ,* 87 ' 87 >';.V , . 1953 42% 46 99 V4 , • • 67 99% * 91% V- 5 105% i 103 102: ;. 94Va Z'1' "' 2vV- 84 65 a - 110% 115 10 > 110. . • . ■■■15.:% , . 92 : ... 25 42% 39% 50% 1—1960 Drain 5Vis.—1950 t§ AMet W Side El (Chic) 4s —1938 Wat Sew- & 88 *104 A-O J-J M-S 107 V 113 113 72 72 *5 10 113 A-O ' F-A 12 63 % 95 103 105 V 107 107 14 0 • ; 99%; M A2——1945 Gen mtge 4%s series' A*—'——I960 Manati Sugar 4s sink fund—Feb 11957 Maine Central RR 4s series 44% *35% 01% '• 46 ' ' -102% 105 1 99 77% ; 105Va-105% > - 99% 74% * '1st & ret 3%s series E————2003 V V —1950 Unif Mob & Montg ,.' A-O A-O • D———2003 mtge 3%s series A ext..■_ ■—I960 Unit'mtge 4 s serifes B' ext. . *102 A-O —2003 &'ref-4 %s" series C2i— ; 1st: & ref 5s* .series ; : & Nashville'RRr- ,43 '• 106% * 121% 123 Va 7, , 120% 121%, . 50J ■ - 61 117% 110% 115 ■' '99 .'■! 477a , ' -- 104 5 38% 46 517a 114 110% 110%-. MS (Stamped mod) ext 5s__———1945 McCrory Stores deb 3,%— .—1955 McKesson & Robbins 3 V2S 1956 ' ■ " J-J *86 Vb t 99% 102% 37 . 32 79 98% 98 ? v: M-S 50% A-O —1952 j vi - 9 .M-S —1955 lines: 3 %s trust J-J :_195l gold 4s Refunding 4s__ Collateral 1951 M-S ■: .1945 Manila- RR (South Lines) 101 % • 40% 29 104% 104%' t§ AManitowoc Green Bay & North- J-J 36 29 45V+ 17 RR—- 1st gold 4s Extended A—.1981 37% 26 • ■■♦08 .1966 ' 93 1 lWp-23/4S - 4 4 *115 > 3%S.i—C t Illinois Bell -i 26% 28 27 31%.". 38 v,..t Lou & Jeff Bridge Co" gtd 4s2— Ark tst" 5s series AManila Elec RR & Lt s f 5s— Illinois 51 {.v 57% 98 150 26 % 55% F-A . 44% a 73 ■ 102% 104% • . 48 9 121% 122% J-J LOuisvilie • 93% 105 109 Vb lll'/a- 61% 6 29% 72% 42 Va 17 110% 110% .1969 98% 103 V4 157 53 105 Vb 105 VB .1951 122% 127% 49 - 44»; 116% v-"i' A- :•■% 2 41 58 54 54 Va debentureVi.—_—.—i—^— Louisville Gas.'& EleC 15 103 lb i) ■ m-n .—.Feb 1957 income 5s. 75 Miami St LouiS. Div 103% 104 • • 41 5s Louisiana & ■;% 125V4 126 , 103 m-n 1962 A. 126 A-O 1954 5s Hudson AAdj 1944 debs_. s Hudson Gas .1999 ^ 68- 82 A-O . Hocking Valley Ry lst 4%s_—„ 71% 34% M-S Co:deb 7s__ . M-N .1950 . ; H 57 34 F-A 5s , 74% - -V'/'v A-O Lorillard v = J-J ■'..lsf & iref.'4s:-series • , 4 V' 1 * 29 V4 34 % A-O .1944 4s - 46 I .i..',' 102 Va 102% A-O 73% 67 v, 95% 66% . 14 , A-O .1955 "Guaranteed 11% •■..: 8,9 Vb .1951 5s gtd . ■ .j-j 58 *115 M-N ,1965 99% 69% .•T;'1 *9% 91 ; '• '•%' f '■ '.J5S stamped modified— 8-7 Vb 49 86Va ■* .'^«r : A-O 1950 f 41/2S— s 89 79 74 14 29% '31 ":;v : .2003 Long Island unified 4s.-Li.;-.—— 97% 79% 199 991 it 73% ■ M-N .2003 Little v: 88 29% 27* .2003 stampedmodified.—— 'J- LehiVal Term Ry ext '5s_.——— V 128 7 "99% 98% . ,i;%i 73% , Ship, Island RR— ref Term 83 99 69 27% . M-N .2003 Long Dock Co 33,i"s ext to—- 1 98 98% 105 :'■ 15 82% 99 j-j r: 1950 Gulf Mobile & Ohio 4s series B——1975 AGen mtge inc 5s series A. 1 2015 & 81% 81%' 499% "j-j Feb 5%s B— mtge 5s series C__ & j-j V ■' series I ctfs 80% 81% '■ J-J" Libby McNeil & Libby 4s._. 105% 108% 38- w"7; 91% 81 '.■„,, J-j 1946 Bay & West deb ctfs A— Debentures Gulf Mob & Nor 12 103 85 Va 58 51% ;;':V F-A Liggett & Myers Tobacco 7s-_ — 32% iv/'w v;"' 90% 72 70 67 66% L2003 Lex & East'1st 50-yr 9:tVb 10614 V'V 80 — 102 ■'%- 91 •":■ 1 ■'■' General 4Vas series D 'General 4%s series E 1st 100 v. 21% ■ 20 30;: , 98 108V4 108VJ, .103 r-, ' General intge 4s *94% 108 % V > j-j Ft,'; 106% % 98 i J-J 1952 General 5s series C Gulf 14 116 94 15 30 106 .- ■4: J-D General 5%s series B 1st 143 • 16 *28 *'• 106% - MS Grays Point Term 1st gtd 5s 1947 Great Northern 414s series A—.1961 A 116 ■ ' Gotham Hosiery deb 5s w w. - 15% 16; > ■ — '4"%s' registered—1-1'-,—--- " ■*ii6"-4; 99 % 100 / ; j-D registered——.— ■-.(.4 %s ' ' Berg Co cons 5s__—1949 80 84% 44 It F-A 1st' & ref, sink* fund: 5s/—~V—1974 'Lehigh Valley"RR— ' 4s / stamped- modified.——— ' Gas & Elec of 85 99% 100 ' I'■.';-4;; -: 4Va 67% / 66 Va> 68 stampedi-——i—i—1974 Lch Val Harbor Term gtd 5s 1954 Lehigh Valley N. Y 4%s ext.——1950 ',4% lVo 1,;; 96'% 68 * 5s' ' M-N . 91% 75 ,V';';"':'5sv:stamped.';——22.1964 . 20 . , 797b 95 Vt 100 - 84 % . 201b 80 67 *67' I;.: F-A 5s..——'—1964 1st & ref sink tun'd V 70 f . F-A SsiVU—^,121954 stamped..——1954 ," 5s . 85 85 *44 : stamped-—————_1944 5s "1st & ret sink-fund i 69% '■ ■ 98% 85 so, ■ 58 35 1 107% 88%. 99 ■ ill- 91% 84% ,85 Lehigh Valley Coal Co— L 78 76 ^19V, ■ ; 91% 95 114 99% 100%' 72 72% 26 87 % •J-J Cons; sink fund 4 %s series C.. Lehigh & 'New Eng RR 4s; A_i—- 108 95 ■; *57 -...■■■■ ■' „■ 77% , ' - v; m-s *: 1956 I 1956 • ACertificates 1% 98 8 87% • .1954 Lehigh Coal & Nav. s f 4 %S A.1 • §A2-4s . „ , 45% 59 99% 100 87% •.■ , JFonda Johns & Glover RR— ' - 102 98 i, 102 *1% M-S 87 . 70 105 j-d 1st 4 %s„2 East Coast 106% 103% 107 106% 106% M-S A-O V v; ;J98 Vb j-j 170 104% 106% Af-S F-A • 62 *:•' "j-D/%". • Rub 3s deb—....1961 tAFla Central &' Peninsular 5S—M943 ; A 1st % '{■ *106% *961)4.100% . ■'•' %—' , ■ "V';• Firestone Tire & 84 101 169% 169% J-J . 86 95 83 A-O : 44% 90 v;: J-J F-A — DJ _2_. Lake'Erie;&• Western: RR--r, -V 104 V» 56% 1 9 ... 54% : '■ ■' 1947 ' mtge 314s— 1st J-J . 110% 108 *110% 111% J-J Lehigh & N Y 1st gtd gold 4s—-1945 A Gen 67 62% -I960 Gas-Light'-extd. Coll &' ref 5%s series. Coll 155 103 •' 62,%..; 54% / j-j 1995 169 ■: 77 .1953 '• 103Vb 99% 101V2 %■• ■■' 11 V. : , •> series B— 69% 57% 53% .1945 Laclede 109 99 Va 149 Co—- 1st cons M 4s .—1954 6%s——— 3%s:.—.1961 Kresge Foundation 3% notes——-1950 tAKreuger & Toll Ss ctfs———1959 ' Elgin Joliet & East Ry ,3%S——1970 88 40 88 53% a"-o Koppers Co 1st mtge 31 107 *' ■*i49% i'- 4- •; ■,;' 102% 102% 102% : j-j Elec Auto-Lite 214s debs..—.——1950 i" 82 584% 57% l.i-r M-N 1956 1st cons gold 5S—.1995 t 97% 108% Ml lb .I'M 30 E A-O Minn Nor Div 1st 43—1948 East Ry 53% 93 52 %' 2 ref "1st- & - 103% 106% 108 Va ■'■■ 8 .. - 95 Va 102 11 ' j-j V 40 *16% 7 85% m-S ..1950 Dul Miss & Iron Range Ry ' Stamped 10914 112 '•1 *37% " 43 31 J-J —2—1961 ; Plainv .....l——.————1961' 4Vis unguaranteed _t.——.—1961 Kings County El L & P 6si.———1997 Kings Co Lighting ,1st. 5s 1954 108% 1121a ■>;•' 41 111% 103% 104 gold 4s 1995 Dow Chemical A-O Southern Ry 1st 3s—1950 Ref & impt 5s——2—Apr 1950 Kansas City Term 1st 4s —1960 Kentucky^ Central gold 4s_ ...—1987 ' Kentucky & Ind,Term 4VaS. 1961 19 Vb •3% 13 111% 112 3111b ; M-S j-D Second Detroit 1§AK C Ft S & M Ry ref gold 4s_1936 ACertificates of deposit Kansas City 3% 1V4 ' A A-O - '■ 89 88 . " ref 3s series H———1970 Gen & < M-S ; 90 17%; 16% 17% 11 95 K Kanawha & Mich 1st gtd gold 4s_.1990 24% 3% ' 3 v: 46% 1081b 22% 21 : 3% 1 F-A — 113": 20%: 20 f 40% J-J 1041b 106 Va % 104 1014 19% 2034 46 94 J-D —1961 Laughlin Steel 3V4S & ■ \. ' mtge 3%s series G—.1966 Detroit & Mackinac 1st lien Jones 61V* 106% 108'% '-ii' I' „ *108% %.„■■'■■■ V': J-J fADes M & Ft Dodge 4s ctfs_——1935 XADes Plains Val 1st gtd 4%s—-1947 Detroit Edison 4s series F. —1965 & ret 51% Frankl,& Clear lst-4s_—.—1959 James ,101% 101% >,.'•■ ' — ■•"•: *101 - /. " Gen 103% 106% • ,243 56% 54% J-J impt 5s series B—..Apr 1978 & ; 56 J-J 4%s : 1969 fgADen & R G 1st cons gold 4s_._1936 g AConsol gold 4%S—_ ——1936 fADenv & R G W gen 5s._Aug 1955 1st mortgage , : 4— — ■ Light 1st 4%s—1971 ——.1969 Delaware Power & '■-■■" *101 Va M-N 18 105% 105% ■.; ■: Dayton 105 34 104 1077b 109% 113 41 4% 72 9 .Volume 156 2019 FINANCIAL CHRONICLE THE COMMERCIAL & Number 4131 , NEW YORK BOND RECORD BONDS York New Week Last Interest Stock Exchange Ended Dec. J or Michigan Central— 1st 3As Ref & impt 4'As series C Miehigan CPnsol Gas 4s_, ,„1963 $8 A Midland of N J 1st ext 5s__~1940 tSAMilw & Northern 1st ext .4'As--1939 A§Consol ext 4'As : ——1939 gold 69 "1 ' 93'A 57 57 24 53 67 J-J * A-O 53 7 03 03 39 37% 25 27 27 -A Q-F 9 1 2aa 2% •n% ■ 2(4, a i.6'A ,11 ;■ -. 97/a, '1'A. 4 V. •. 274 ' . . • • , • ,• J-J „ t ■ . 22 16'a 32 9% 17% 4%- 2 3'% 6% 4'A . ' M-S ; J-J 38 % 30 7a 35(2 34(4 35 17% 32 J-J ■, A-O • , . A '-24%, 2i,2 Alst 18% Alst & . 4s_ > 23 'A deposit—: of M ~N "36 39 - 34 Monongahela W Penn Pub Serv— F-A 94'A 54 42 10 119 - 112 114 A-O "105 A '—1945 A-O of 23 • - - A_ »873a J-J 112' 82 . 110: 34 Va 32% 34 A .*.71"; 30 29 A 3V * 179 ' 37 M-N M-N J-D ni l'A 116 M-N J-D Otis cons'5s_—..-—1948 Newark Consol Gas- J-J fANew England RR gtd 5s_j_——1945 AConsol gtd 4s—— ———--U945 1st .;Av 50 73 F-A 81, J -J82 J-J 75 A' .;/»../ J 06% 107 J-D 1 107'4 IO734 : J -J . . '-.76 56 A-O inc 5s_—1935 deposit—— f§ AN O Tex & Mex n-c i »•;. of •,A Certificates Alst B— series 5s ACertificates 7.5 y , ^ "47 A F-A — -1954 deposit——- of 49 gtd 4'As-.———<—1945 Y Central RR 4s series A 1998 10-year 3%s sec s f— 1946 Ref & impt 4 As. series A—A-—2013 Ref & impt 5s series C —-2013 Conv secured 3y»s, —1952 Y Cent & Hud River 3'As——-1997 General Ret N N 3'As registered 3 'As 49 50'I, A-O A-O .51 M-N 75',a SVaS———1998 :——1998 1998 ——1998 F-A • 57: - 1st 39 58 -4. . 49 A 48',4 47 A 4s *47 —1950 debentures— 6s Y Connecting RR N Y .19 ,. N Y Edison 1st lien ref 65% A-O 82VA • A-O 108 A-O 108% ^ 107 A 111'/a J-D 109% 109'a 109% 7 102% 4 106'/» 109% 99 103% 102% 1.02% 8 99 103 '/a 31 85 97 '/a 84% 95 A-O ,-1938 108% 108 (A J-D M-N N Y Gas 6s—.; 4s—1—A Purchase money gold N Y & Harlem N Y Lack-& gold Y L ,^1.949 _20QO 3'As__ West 4s series A— 4y2s series B_-_-_ N 5s_' ,-1948 -1973 -1973 i A1943 E & W Dk & Impt 5s— F-A 7 & Light 1— 3y2s debentures^, 52% 53% 53Mt" - 57 gold 4s— 4y2s General 5s : . Peoria . 1st 4s Eastern & A Income 4s J-D 102 A 108% 105 20 105 100% 105'/4 1 105'/a 16 101% 102 A 103 100 104 101'A 102% *101% 102% ■ 44 103'4 105% 99(a 108 (a 109 108(1, 96 88 % .. 14 5 88% 29 120 A 10 101 100 A 101% 116 106'A 106% 107 120 - . 108 A 108 88% 102% 108% 27 107 Va 101 99A noo{;[ J-D 103% 108'/a 111 111 108 94% 88% 122 119 100% 105 106 Va 111% 93 Va A-O 90 A 88% 901 L» 82 86'/2 A-O 96% 95 7 a 96% 36 95% 100% J-J -—1970 -1981 — 95(2 95% 96% 19 95% 100 (A 90% 91 82 A-O 91 112 (4 112% 112'A Apr 5 % 5 As-*—1974 F-A *3.06(4 gold 4'As series C_! 5s gold 4'As series 43 A A-O 1960 - —Apr 1990 J-J Marquette 1st series A 5s——1956 4s series E————1956 General 71 ext— Union Ry General 66% M-S —1947 Phelps Dodge conv 3As deb Phila Bait & Wash. 1st gold 4s_ 100 'A 7. 81% J-D M-N 1943 ' 1974 B—— 65 57 3 05 r A 102% 3 11 106% 108'/*. Philadelphia Phila coll tr 4'As- Co Electric U9VA4 • - 54V4 -64 '' 103% ref 1st & * 16 55% 67% 57 % 113 55'A 6 4'A 105 A 39 104% 108 102% I023a 14 101'A 105% 105 115 94% 9 111 111% 13 109% 112% 102 102 % 10 99'A 102% 34% 240 11% 191 J-J M-S % Philip Morris Ltd deb 3s__; 110 J-D -—1949 - 112 107'A ;10'8"% 120 108 w 90% 105% J-J mtge 2%s AConv deb 6s^ 76 M-S ,-1961 —1967 ref 3As 7'/a 63% 72 % 65 108:,4 •J-D- —1971 $ A Phila & Read C & I ref 5s_2 1973 " & 3% 56% 71% 1111;. 111A J-J —1981 General^'As series D_^ 47 37 106'A 107% 74 *118 F-A series C—1977 5% 64% 72. % J-J MS —1980 —1952 44 9 2 Va 110% 113'/. — 83 110a . 102% 104'A 102% , F-A -1965 —- &, Pekin Peoria , 1U14115; 2 .7 102 105 102 A-O 4'As series E —1984 3'As—. ———1952 deb Conv 69% 116.'. . — II8V4 102/, 102/, J-J B--——1968 series A_% series gold 4V2s Peoples Gas L & C ref 5s 56% A 2r.-:.52'"/ V59" 58 '4 58'A 118 ;noe% 107% A-O sterl .Gen mtge 103 '/*. 104'/» MS 61'hi 103 % 103% J-D M-N ctfs——-1952 series E trust 107'A 109 V4 M-N M-N 71 98'A 100% 40 J-D 3As trust ctfs D„_I944 General 4y4s series D____: 49'/a 93 . 18.„ J-J 58% 23 *117 M-N 79 ya 60 7 ••••., 116% 117 .•■■ 11,1%-111% J-D 100'A 104A 31 01% 59 59 A-O deb 5 66 A 1Q0A100% 900% M-N 1st El Lt H & Pow gold 21 104 •',-66 A 66 A F-A MS 105 105 104 —^--1948 99'/a 101 35 132 107 (a 109% *305 MS Debenture 96'A 101'A • 17,-' ; 108% 109'A 106'A 109 '/a *108% J-J 1955 ctfs_. ' RR & Erie—See Erie 95% *94 ' N Y 97 95 95 J-J M-N 70 58 18' v. IO734.108 'i» ._1965 23 99% H- 44-.;, ,.v.7 83 3'As series E—1966 110% 113% 110% 61% : . 8 ; 65»A 1947 30 110 105 7a 59% 71 — 83 ■:t. F-A 1951 3'As series D, & 101 99 %/ ' 91 82 y2 5 3.11% 112% 110 F-A 54.% 45 Va • 90% 100 A * 91 91 111% J-D 1944 General 99% 42 48 y4 r 310;,?. 99% !_„• Conv 5% notes-t 101. 100 !i, A-O 78% 101A J-D Passaic G & E cons 5s_1949 Trans Consol 49 A . 4. -'61 01 A - 107% 104 J-D .F-A ,55'A 78% . 75'4 58 A- A-O J-D _1965 3'As. A_ gold 4s 1st ;:c;i',4; j,__■. N Doek ■MS 109% 112% 47 Pennsylvania RR cons gold 4s_—1943 Ve 67 ■ , 99'A 100 ;^-1981 —1969 —1974 1st 74 ,A75'A:^ 99% Broadway Corp— Power 4'As 49 -.-.20 ! A-O j-j , .1964 4'As series B/—— Pere , A——A—1974 Ref 4'As series C„_i_L—1978 1st mtge 3'As extended to— H947 109% 112'A 5 24 Pennsylvania Glass Sand 3y23-^.-1960 Pa Ohio & Det 1st & ref 4 As A—1977 Penna 46 r - 7/33*", ' 49% series 103% 109% 109% 106'a 107 " -63% 40 A 49% 5'As Ref *109 105% 108'A 10 106 A 106 'a J-D: - 93L. c ,433% 5314 F-A York Chicago & St Louis— New 102 A 105'A 103 j-j 1962 103 100 *104% j-j F-A 59% 43% , ' 69% F-A F-A 102% 105 50 % .. ," ;253." ,75% coll gold 3'As- 3'As registered 69 A. .-221 74% 50 ' ' 106% j-j 1—1963 53- 37 334 v" . "61A 53 to*" . ' 110% 107 0 1st gold 5s_—1946 f gold 3s loan M s Gtd 53'A 39 320 , 51A 65 registered-—— Mich Cent ; 3 15 100% 1946 Secured 4s___—^ ; 56 4 T- • 47% 61% 64'2 J-J \ M-N j-d 1946 110 100 stpd dollar——May 1 1948 Gen mtge 3%s, series C——1970 Cons sinking fund 4'As— ,_1960 98 A 50 V* •. F-a . ' 43% i -38 • 50 ;,4 ;• - / ' ' 107% 110 103'"'a 105 110 J-D ; 107% 110 (4 1 11 108'4 108% "'l-r 106''4 108% 43 108 (A 108% 108'A J-D . Paramount Pictures 4s debentures! 1956 A 46.% . ' A Guaranteed 3(As trust ctfs C——1942 40 'A : A 98 98'a 46 a 4 J-J --——1997 Lake Shore coll gold F-A A-O MS J-J 12% ;. __ 106'4 106 a4 lOG'/a 4% 25 9% 9'A *• , MS M-N 3 'As series C———1966 mtgfe Paramount 53'A 350 50 ',4. . 3 09% 111% 102% 102 A Pennsylvania Co— 38 24 V 55% "100 J-J 6 *101% F-A 4s Newport & Cincinnati Bridge Co— 111% 111 A 111; .—1971 Paterson & 34% . 52 A ,35 la 110% Mo 1st ext gold 4s__1938 RR of Parmelee ;T -A 49 A 00% A-O 108 !_,1961 M 3s series K„ & ref 85% • 3 is 55 48^4 4 9 'A *44 series A—— 5%S ACertificates 34 •'37% ;ri6, 54 , 3 ' 38% -47%. I f 54 53 59% 109% 110 Paducah & 111 1st s f gold 4'As—*1955 A72 "t.,83A - "4 7-A54 ■ of. deposit— ACertificates Alst 5334 ".54 59% 48 Pacific Tel & Tel 3'As series B—1969 ■ ? ' 167% i 105 46 :. 52% ' —1956 deposit—!_!!— 1956 of 4%s" series D— Alst „ F-A C— series 5s Alst —1954 - : 48 83 •' 105'% 107% • A-O deposit—--.— of ACertificates - • ■ 23 53 J-J 1946 El 4s series G— & Guaranteed ■>43 53 50% 102 82;: -.743% >•>.*;1 A>-n;S-4' -•/A 14 4%; 18 80, 7714 77 y, 51 53 F-A 5s_^_ -.^1945 § A2d ext gold 5s .56 %. 741%' . • : A A-O 1st 53 J-J • ii7%ni9 yx > L'... 82 82 v 70'% Panhandle East P L 3s B—„i-——1960 '76 - 54'A 57% J-D 1st 1.; jr.* 180%. 124% -75 '...•'774A 7 %. 1071%S110»% ■ . ■ 44 A J-D & jAPac 118 .77.-"r *74 109% 109 A , '93 nw 65' 71A 124% 124% A-O 76 450 1961 ret mtge 3V2s series 1—1966 ref mtge 3s series J —197D 1st ^(;-,ia2% 104y». ; 118 F 48 (4 64% 1st & 70 , ,103'% -99'A. 101%. V/.-.A A 1st mtge 4'As ser a_ 1st Coast Co .100 , :- ^ - Ai 104. 68'A : M-N B———~—1955 gtd 4s-i_—1953 ref 5s series & Orleans Term .71'A J-D England Tel & Tel 5s A—-1952 1st gtd 4%s series B-:—-^-—1961 N J Junction RR gtd'1st 4S--J-J—1986 N J Pow & Light 1st 4'/2S———11960 New Orleahs Great Nor 5s A_—^-11983 N O & N E 1st ref & imp 4'/iS—1952 New Orl Pub Ser 1st 5s series A__1952 New 09 73 - J-J New Steel Gas 103'A 106- . :5v jr "117 A . 46 (A 62% J-J *1943 1st gtd 5a~_ RR & Nav 4s 42'A %:/- 62% 56 ,v "91.% • 43 48% 64% 1st & ref mtge 3%s series H; 44 ... 103 103 A . 73% 38 106% 10934 101..., 101n ' 101 41 78 lli'A 112% 66 ; 103.- 40% 45'% J-J 1946 -J— Transmission Oregon-Wash 46 34 29 '/a - 105% 106 • . A-O RR 1st gold •4s__^_^cl954 f ANaugatuck 105r!a 103- M-S 1 65% 66.- F-A Q-A 41 66 41% 39 69% 4.0 141 a *68 68 J-J 1967 debentures Pacific J-D 27 A 76 41% Q-J 3%s_— mtge Pacific Jlf-S Dairy 74 71A Q-F 1965 1st mtge 4s Guaranteed stpd cons 5s 43 A • 32% "109'A 109 A M-N A—1978. Chatt & St L 4s series Teleg 4'As ext Oregon RR & Nkv con gold 4s_ Ore Short Line 1st cons gold 5s .89 35 • 74 Q-J ref mtge 3'As——1967 lst.& mtge 4s— Ontario '103'A 106 ; 37'a J-D 27 A :— ' 112%, : 35A ' ' 54% j-j 4s 107 A 4 63 103'A IO334 J-D deposit— 107 y8 99 Power Co— States Ontario Power N.P Prod 3'As debs—„—..I960 Nat Distillers Prod, .3.%s-w-„—!!-1949 3 'As sinking fund debentures-—.1949 National Steel 1st mtge -3s—__:.4l96b Nat of 1972 A Oklahoma 'Gas &' Elec 3%s__!- »%1966 N Nash guarantee) M-S- 1st 109 * 109"a 100 109^ A-O 100 A 104 *110 A -1964 ^j.1944 98'A 104 "112 A-0 mtge 31 124% 128% O 38% 46% . 1017a 101%' • . 4'AsA. —;————-1960 6s debentures———————1965 Montana Power 1st & ref ,3%s——1966 Montreal Tramways 5s ext——1951 Morris & Essex 1st gtd 3V2S_——2000 Constr M 5s series A_l———-.1955 Constr M 4'/2s series B———1955 Mountain States T & T 3 "As —1963 Mutual Fuel Gas 1st gtd 5s_,—•^-1947 1st ' 1 *42. M-.S 34 M-S t§AOg & L Cham 1st gtd gold 4s_1948 1943 Ohio Connecting Ry 1st 4s_____ ! 39'A '80'A 92'a 126 "103% 100% 103% (Wiser 1st mtge .3 As—— - B_v'—1966 Monongahela Ry 3.'/4S series 92.'-t M-N 125 38 'A 119 gen Northwestern 1st Pacific Ry— 4'A ——July 1938 Moh'k & Malone 1st gtd gold 4s—_1991 7s extended at 3rd 125 A 74% 21% 94 120 Ohio Edison t § A Missouri 35 *29 F-A 3834 21 24% 3 69 % 23 A 33% 4 74%, 5Va 24'A 35:! a 34'!a 35 21'A, 39% 35 275 101% 104 73%. F-A & ref 5s 1974 ref 4'As series A——1974 (Minn) r 3934 39 % r 25'A 36 '2 2 10 A 103 Northern 38%" „ 2134 180 4'«. 11 Va 39 Va 23 ■ - tit" 36:,4 34 '2 36'A F-A I ——-1981 deposit — of A Certificates . 39% 1 % 5 ^ - 36s a 347a> 36r;8 A-O -7 36 3% 4 M-N 1 21,',a 122 36'a ■.343» 3631, deposit-.——-!-•- of 315! 36 5s series & ref Alst 34ria 36'A .34*4" 35-,. 353.4 — 5s series A Certificates /• 8'A 9% 36'A M-S ,G—1978 A Certificates of deposit;——— AConv gold 5'As— 1949 Alst & ref gold 5s series H——,1980 ref & '21'A 309. 25% —: Certificates A Alst 165 9:}i 363415' 30'A , 1 .-1975 ref 5s series F—1_—1977 General A F-A —1965 of. deposit— Certificates A 109% 111'A 103 % 103% 74% A-O -1997 4s registered— -1991 Gen lien ry & Id> gold 3s—__Jan 2047 3s registered:— ——-2047 Ref & impt 4As:series A—-—2047 Ref & impt 6s.series B —2047 Ref & impt 5s series C 2047 Ref & impt 5s series D —2047 1 $ Missouri Pacific RR Co— Alst & ref 5s series A— 103 "4 J-J Northern Pacific prior lien 4s 37 'A . •.'■vVVa. . 7 110',3 111 3 A 103 cellation . 34% '21 . 108% 109% 42. 20 160; A 11. *115 & Alst " 32(., 96 ^Northern Ohio Ry— 6 a7 a 30'A 344 , 110% 108 8 A M-S ACertificates „ 93'Za guaranteed gold 5s —1945 mtge gold 5s (stamped can- Gen 96'A 100. 44% .«• : 97 39JA 39% J-J 41is., series D——:_,1978 adjust 5s. series A,—Jan 1967 41 ! 40% : J-J B.—1962 1 40 15% ; f-a Central North 2%; Va . 60% V 102 *98 ('4 ,:t'■ 18% J-D '' 12 ■ 68% * .67'A . V" J-J A 1 % l'/a , 9% 75'% 17 197 • 18 A 14 13 — 7A A-O M-N 38 309% 109 % 10') % O-A Debenture 3%s— 17'/a 9% a 16% 36 16 J-J .—1962 9% 16 3 15% J-J 17A 1 High 29 11% 109% 8A MS 1949 ——1954 deb 3'As__ Amer Co Low 84(3 J-J Ry 1st gold 4s_199Q Norfolk & Western 15% 16'A J-J lien ACum 37 Va" North Marie —1938 1938 gtd'as to int__1938 Alst & ref 6s series A__—1946 A 25-year 5'As____ ,„¥, .1949 Alst & ref 5las series B.———19.78 t A Missouri-Illinois RR 1st 5s-,.—1959 Mo Kansas & Texas 1st 4s—,—1990 Prior 3 l'/a ■ consoles SAlst stamped 5s 40-year 4s series 18 . 8 ' 2% M-S §Alst Missouri-Kansas-Texas RR— Prior lien 5s series A— 45 32 .' 9% 9 Va M-N stamped § A 1st cons 4s 68 29 — St Paul & Sault Ste tMinn 58% 10 107 J-J 3'A's series.B—-1967 1st 4As—'—1946 Niagara Falls Power 3 As———1966 Niag Lack & Ont' Pow 1st 5s A—1955 Niagara- Sl^are (Md) deb 5'As-—H85Q Norfolk' Southern Ry Co—•1st mtge 4'As series A—.--——1998 A Gen mtge 5s conv inc_' —--2014 JgANorfoik Southern RR 5s A 1961 January No. 33A M-N & Bost J8AN Y West , 8 / ' ' • J-J 63 33 ! * F-A Y Telephone N 104% 107 , 1 39 M-S 1st gtd 4s_—1947 1st 3Va3-_—1941 fAMlnn & 'St Louis' 5s ctfS—— 1934 A 1st & ref gold 4s !___—1949 ARef & ext 50-yr 5s series A—1962 : A- . 63 J-D t§AMilw & State Line a 31 J-D t AMilw Spar & N W 11 106 (a 106% 106% M-S gold 5s ATerminal 1st gold 5s F-A —1940 .1943 §£General Range Since Sold High *30A J-J f§AN Y Susq & W 1st ref 5s, —1937 §&2d gold 4As-'. ———1937 97% 75 Bonds Sale Price Bid & Asked Period Low 13Va 97% 55 V4 M-N Week's Range or Friday's Last Interest 4 Deo. High 97'% *73% M-S —1951 —1952 ___1979 Sag 3'As— & Lans Low Ended Week 1 January . N*. High Low Jack Sold Stock Exchange New York Range Since Bonds Friday's Sale Price Bid & Asked Period Friday BONDS Week's Range Friday 93% 34 A 11% J-J 33% 11 3% "4 * J-J 303 A "4 2' •'» ' 35 12% 5 22 56 97% 103% 4 103% 103% 24 102% 106 1% 4'/2 1% 1% *105% M-N" -1962 A Philippine Rjt 1st s f 4s——1937 ACertificates of deposit Phillips Petrol l%s debsr— 1951 937a ■i fN Y New Haven & Hartford RR— A Non-con v deb 4s—■ 1A1947 ANon-conv 3'As__; A Non-con v *■ deb deb 3'As ^--1947 A1954 ANon-conv deb ANon-conv deb. 4s—A_v——-'-'-1956 ADebenture AConv deb 1955 4s certificates 3'As——1956 6s ——1A1948 §ACollateral trust ADebenture 6s; w!l94Q - 1957 4s Alst & ref 4'As series of 1927—11967 M-S 34% 32 A 321 A-O 33". -.78 32 19A 39% 10 34'A 32 M-S' 20'/h 37'A 18 'A 35 321 •» •'■■27: 33 J-J 35 31% 35.-- -140 M-N 34% '' 32 35% -A 74' J-J 32% 31% 32% J-J 43 40 '4'43 A A-O 128 39% • 19 % 37 A 48%. 40% • 61 Series ( H Series I Series cons cons J cons 1—A guaranteed Gen mtge 5s series A_ 3%. 9'A Gen J-D 44% Gen 4'As 112 *119'a . 7 77a , 292 36 A 39 39 88 n V 9(1' » .6% series C - J-D 103(2 1975 A-G 105 104% 105 J-J 100 A 100% 100% —1977 f A Harlem River & Port Chester— ———————1954 1st ,4s JAN Y Ont & West ref gold 4s_—1992 , AGeneral 4s N Y & Putnam N Y Queens N Y N Y j;„__ 1955 1st cons gtd 4si—21993 El Lt .& Pow 3'As_i: ;1965 Rys prior lien 6s stamp——1958 Steam Corp 1st 3'As—1 For footnotes see page 2020. ^,1963 M-N M-S 89.' ■ •»- 6% - 6A »2- J-D A-O ■ A- M-N J-J •-U-' J-J 106 'A 2 - - 41' 110'% 110% 39'2 *106 J' 13 r .14 23 .. 7 " 91 -73 48 • * 4 '/a ■ ' 1 39' " 8 V4 ',42% ' 109 'A 48'A 111'A. Pitts Coke Pitts •All. 7103 107% Steel & Iron1st mtge 4'As A—1952 4'A5;, 1950 As series B Pitts Va & Char 1st 4s gtd Pitts & W Va -1943 1958 1st mtge 4'As-series C—• 99 99'2 99 98 99 53% 55 A M-N J-D 1959 1st mtge-4'As series B_—•. 99 Vj J-D ■ — 15 "a !) - 118 121 121 y. A-O 34% 54'4 1960 A-O 54 54% 104 Vz 109 104% 108'A 13 99 103 95 23 96% J-D 1950 - 1st 4'As series A *95 A M-S conv 1st mtge- 4 104% 108 107 106'A 106% : 112% 118 1970 4 - 1 — 105% 106 ' 7% 77a M-N J-D 112% 111 112 119% 119% F-A M-N 108 112 110 — *111 F-A 1963 107 111 *110 M-N 4'As__1964 mtge 5s series B__ 21A • *106 Ve ' guaranteed 4s—1960 4As 105 Va 106'/a "105 M-N F-A y 4Q 19 23 y2 -2V1 211 55.%- 53',2 55"''» ■ 19 A Pittsburgh Cine Chi & St Louis— Series D, 4s guaranteed— 1945 Series E 3'As gtd gold-; —1949 Serits F 4s guaranteed" gold -1953 Series G 4s guaranteed^1957 104'A 97(2 100 Va 96 99 53% 64% % 64 % 54 54 64% THE COMMERCIAL & FINANCIAL CHRONICLE 2020 YORK BOND RECORD NEW Last Period 4 Dec. Ended Week Interest Exchange Stock Sale Price 1st gen 1st gen & Ash 1st 4s ser A—1948 J-D 1962 ..1974 F-A *118 J-D C series 5s 1st El 1st Week 1 3'As-I—— mortgage .-1977 F-A 'ww 1951 J-J 95 M 1st Pwr Pressed Steel Car deb 5s__ M-S 89% 107 & Pacific 120 Gen 78% 98 89% 105'A 107% 103 2 109 ■' r-W' • *' , 1977 A-O ref 5s series C 1979 A-O 5s series D___ 1980 J-D Tex Pac Mo Pac Ter 5'As A 1964 M-S Third Ave Ry AAdj (; 86% 1st & & ref 1st 5s mtge ______ ref & mtge 8s—______ Public Service of Nor 111 3Vis *3% . .*■' M-N A-O 'w — Ohio Cent Gas Tri-Cont Corp Gen 1997 1997 J-J B 1997 1997 J-J 3 Vis 1956 1956 Rand deb 86'% J-J ref 4 Vis series A & Gen & ref 4Vis series Remington 76 M-N ,1960 1960 M-N Gen mtge 4Vis series C Revere Copper & Brass Grande ARio West coll trust & cons 4s J-D 33 39 *60% 89% 57 Gen mtge 33As series H mtge 3Vis series M-S 1967 1967 1967 1969 Gen mtge 3'As series J 1969 1934 *§AR I Ark & Louis 1st 41As-____1934 .1949 t ARut-Canadian 4s stpd 1949 1941 i§ARutland RR 4Vis stamped__i.__1941 . *1.10 M-S w M-S ' w . ' ' 33% .19% I-'" 18% no 19% J-J 7% 7% 7'A 8'% 8% 10% ; 5 8% 14 & Oil Elec 1st gold 5s deb A 5s conv 4% 5% Jos St Grand & Lawr 2d St & gold Louis Island Adir 1st Mtn Iron of L Pub 1st Serv J-J *50 A-0 a (Ohic) 5s ACertificates ACons M of United ACertificates of A 1st A2d inc 4s AGen bond ref & S Paul A & Union Ar 1st 55% ' ;• 106 '■ •-««— 55 /. 62 -- A 1st ACertificates of Shell Union *101 —Nov 2'As 1 1954 May 1 1955 M-N 8 u% 24% 21% 928 ii% 23% 19% 20% 112 12% 22% 85 84%. 85 42 76 & Trac & Power 62 % 64 'A 32 57 97% 97'% 98 96% 98 1955 F-A *108% M-N M-S gold 5s__1949 MS 45 % 22 31 Vandalia RR cons g 4s Cons s f 4s series series A B & Pub Serv Virginia cons 1st 28% 86 15% 1st mtge 3%s__1972 1947 *78 J-J 1941 F-A 1971 ,A_ *5% 15% 15 6'A 2'/b 39 103% .v. 6% 7% 17% 101'A 103 % __ 100 101'A 104% 124 (A A-O MS 24% 21% 24% 17 A-0 25% 21% 25% 249 3% 3% 6 1959 3% A-0 M-S 14 , ' 1 11 10'A 11 4 12% 13 14'A 475 5% 15% 13% 12'/4 13% 290 5% 28'A 28'A 2 8'A 5 15% 15 15% 36 1935 debs... F-A y. .A 95 "..■A 4s__: __1964 4% 9 15 3% *15% 4 98:!u 97% ' 100 98% 95 100 95% 13 81% 81 82% Apr 43% 42% 44'a 100 33% 50 Apr 33 % 32'A 34% 107 28% 39% 1975 MS gen & gen 4'As series 5s series D. 37% 101% 102 % A-0 123 1962 A-O 6 ;A,.v 92% M-S 102% J-J 6s 1947 J-J M-S 1949 gold 5s_. 27% 26% 22% 27% ' : ; / 102% 42 : 83 94% 95 16 93% '\r-Y 323 28% 102 % 100% 100% 1 111 112 25 81 111 111% 58 95% 112% 31'A F-A ... I " 31% 86% F-A 1950 86'A A J-D f 31 69% 3 *103% WW A - *104 V'a 106 112% 40 86% 103'A 105% — ■ *120 118'A 121% 129 ' 1967 123 103% 106% 19 102 5 106% 105'A 106 % 12 J-J 111'A 111% 111% 3 110 A-0 85 V4 84'A 85% 45 84 1977 106% 108% 16 109'A 109'A M-S 1966 104% 106% 1 1 J-D 1963 40% J-J 95% 95% 95% 1 93 ■'■■■■ 123 107'A 110 105'A 110 112 91% 102 104 105 102% 102% .1943 100 ii J 100 n 2 100 31 104'A M-S 36% 33% 36% 50 M-S 30'A 33% 36'/a 239 20% 20% 38% 1946 105% A-O .1946 .1950 . — J-D ___ 71 69 71% 322 68% . 67% 68'A 9 50% 72% 50 68% M-N 84% 84% 84% 73 79 5 3'A M-S 52% 50% 52% 118 46% 52 49% 52 216 .46% 56% 49% 51% 172 46% 91% 133 80% 93% M-N J-J 51% 53% 49% 189 51 % 91 : . A-0 85 85 85% 23 J-J 70% 68 70% 362 J-J 92 : 91 1994 ?. M-S 38% 58 M-N .; 92% .' 82 61% 75 88 88 77% 85% 101% 70 71% 328 60% 72% A-O 89% 89 90 40 78% 93 % 92% 93% 55 83 84 82% 84 5 78% 84% 84% S 79% M-S 1947 91 37% 50 31 37% 47% 1 J-J i-iU'' • 71 - Winston-Salem S B 1st 4s. 1964 J-D 111% 1968 J-J 106% Apr 1961 J-D 1953 J-J 1945 39'A F-A 111% 111% 7 J-J 39% 104% 107% 14 40% 33% 101% 102 .1968 102 47 103 104 29 refund s f gold 4s 1953 impt mtge 33/es series B_. 1974 114 37 115 52 49% 50 7 15 13% 15 93 9 35 ww 9 34 • WW WW WW *110 111% *107 •12'A ■ • ww WW 20 -T- 37% 55 51 108% 110% 105 108'A 12 12% 101'A 102% 101 102% 105% 1 1 *100.3 100 108% '' M-N 103% 103% 31 100% 103% — 101% 103% ' M-N rr";- !': *102% 103 Youngstown Sheet & Tube— 1st mtge s J-J F-A *119% 126% " —u J-J Texarkana & Ft Smith 5 Vis A____. 1950 ■ F-A Texas "V 110% J-J 88% 119 *105'A 107 105% 108% 110% 110% *103 88% — 122 109 6 ■ .. 111 101 104 89% 26 1959 A-O 105% 104% 105% 38 104% 106% 1965 M-N 105% 105% 106'/a 51 104 1943 J-J " *1007/a 102 __ 85 92% 106 '/8 99% 101% in .I960 f 3%s series D Deferred not included .1948 ! Conv deb 4s a . — 152 116'A 50 101% 110 104'A included Tenn Coal Iron & RR 1951 gen 5s Terminal Assn St L 1st cons 5s___. 1944 95 100% 103% 103% 105% 46 J-J 90% 2 103 100% 102% 104% 105% 105 A-0 J-J 1943 110% 114 104 V* 106% 50 — M-N 1971" 41% 23 *115 •' 16 *13 109% 112% 16 106'/a 106% v 52 ACertificates ' .1945 1961 .1936 " 1966 1956 / 29 • 104% 105 103 — WW 92 102'A 105 ' *109% 91'A J-J 1949 46 40% ' " , A-O 1960 24 43% ' 84% J-J M-S .1966 96% J-J J-D J-J 100% 101% 101'A 42'A 40 v 91% A-O 43 40'A 1955 101 103% 103 % J-J 1954 93% A-0 2013 ._ 81 50 J-J — tudebaker Corp c 41 1949 1951 debenture., 86'A 82% 2361 V 1996 C. 85'A 81% 2361 89 % 85 86:% 82% , 56% 89% J-D 1960 57 M-N 1951 .1951 M-S i 1956 Y Q-M 1945 1st 40-year guaranteed 4s_. 98% 1956 . 102 F-A 1943 1945 24 100% 100% /'• 72000 22 90 Va 24 22% v coll) Company 3s deb debentures... :. 2 26 26 *25% ' 84 % 9 28 25% I? Deposit 100% 103'/a 99% 103 3 22 107% 107% ' A-O • 75 1952 37% 37% 102% 3'As A___ A-O 1941 A ' 5s_.____.1963 20 1948 97% 100 29 •w'w A-O 1948 15 !i 2 F-A 1980 5s series B__. 33 3 28 *__ 1976 1978 1955 ARef ;A, 15 g§ 85 J-J i4y8 M-S F-A deposit.. 12% V:. 1956 3s 76 1981 1971 5 14% 1950 Gen 65'% 105'A 109'A .1991 26% 11 1955 Ref & 6 20 94 mtge inc 4Vis ser B 25 10% 12% 1946 called 73 79 90 mtge 4s inc series A mtge 4s series A ' F-A' 1981 6s 72 108'% 109 73 108% 90 AGen ' 2% 69 102 % 103% AGen 1st A Ref 123% 125 A-O 1979 series 109% 111% 80 105 W 99% 101 28 1950 1969 3s — Wabash RR Co— ARef & gen 1968 ref 102 93% 101 % 111 *_- J-J 1966 5s *78% ■ 15% A-0 __1943 1977 & 93 22 *104 2003 1st gtd 5s 38% J-D 1949 1st 110 F-A 1958 & Southwest Va Coke 56% d26% debentures cons 97% *108 Va 1968 91 4 97% F-A 76% d44% 105% 106 'A Ry 1st 100% 103% 3 94% 1957 1st & Light 1st 5s Virginian Ry 3%s series A J-J Southern 94% 86 28 Socony-Vacuum Oil 3s debs Pac 94'A A-0 Coal 18 19% ' ■ i- 102% 102% (Cent 102 A-0 1944 Iron 17% 21% ' F-A 4s 101 100% 101% — 1944 ref 5s„ Va A_._r.__.___1945 Pacific Co— 100% 101% — 1951 & Pwr 3'As series B A-0 Southern 101% 101% M-N Elec 1950 Power 102 *101% Nov Va 159 1952 Colo 103 100 *101 25% 16 19'A 64 % Skelly Oil 3s debentures 3s 100 — *101'% 103 M-N 21% 17% 17% Simmons Southern 102 M-N n% 16% 19'A deposit Tel 100 M-N 11 17% 45'/2 .Oct 1949 RR gtd 101 101% 101% 101'A — 75 18% F-A & 100% 101% 1 1953 22% 498 16% J-J Tel 101% 100 100 11953 10% 18% J-J Nor Ala M-N 101'% 100 101% 95% 1941 Bell 1 1952 100'% 100'% 100 46 1961 South & 100 % 100'/a — : May 79 1954 South 96 99 105 100 —May 1 1954 55 1950 debentures 69 90 % 104 -r~. — *99.28 —Nov ; 33 2%s sinking fund debentures t§ ASilesian-Am Corp coll tr 7s Co ; — 2 J-J certificates.,' Oil __ *99.28 M-N 2 M-N t§AAtl & Birm 1st gtd 4s 1933 JASeaboard All Fla 6s A ctfs.___.iy35 A6s series E 40 134 .—.May 1 1952 2.65s Ry— series 96 99 — J-J stamped 6s M-N 2.60s 60 J-J gold 4s unstamped... cons 99 103% 107 91 *103% ■ __ *101 2.55s 107% .1990 1990 gtd 4s § A Refunding 4s ACertificates of 99 95% 102'A 106 — 98 95 % 98'A . M-N 2.35s .1952 1952 3VeS B 5s., A-0 M-S 1 1950 11 M-N Adjustment *106% Nov 75 1989 A 95% 8 104% 105 *101 41% Scioto Line A-O 104% M-N 91% 100 Air : J-D May 1 1950 74 .102% 103% §A4s gold 101 108% 111 2 2.15s 91% 100 § A 1st 96 20 95% *101 41% — 102% fSeaboard 96% 95% 2.20s Nov 1989 5s gtd gold 4s s f deb 1st 96 95% M-N 41.'A J-J E 55 96% 1 1949 91 % M-S N 108% 108% A-0 M-N Nov Utah 1952 & 108% 11'% 99% 103 *101 Utah Lt Schenley Distillers 4s V 15 2.10s 9% 20% 1989 1st 4'As Depot Pass J-J 100% 100% M-N 77% M-S 1st cons gold 4S.1968 JASt Paul E Gr Trk 111% 6 100% M-N 77% .-•y— t§ASt P & K C Sh L gtd 4'As St 106% 108 12 6 1 1943 69% www gold 5s series A St Paul & Duluth J-J M-3 Nov ... 67% ' ctfs 105 — 102'A 102'A ' . May 1 1949 1.125s 10 Ry— § A 1st term & unifying 92'% Corp— 49 J-J 1978 certificates bond 4s 90'A 81% 120 *7 — 2.05s 1st fSt Louis-Southwestern 80'% 99% 101'A debentures 1.00s 179 www — deposit stpd 22'A • 1950 A___._ F-A May 1 1943 Steel States Serial J-J deposit 4'/is series 8 10 110% 110% — A-0 1953 75 J-J B M-N 1944 M-S .1948 gtd 5s____1948 1959 1959 deposit *105% 1945 Canal gen 4s RR & 74 1950 1950 of J-J 1952 N J 73 fASt L-San Fr pr lien 4s A series 1953 1955 73 J-J 5s 86% 90 *116 1980 75 1955 1955 lien 85 % 90 M-S 1959 3s deb 74 www mtge 5s ACertificates *107'/» , M-N 1933 1933 Rocky Mt & P 5s Stpd APrior 62% 12 *100% 101 1971 United Stockyards 4%s w w deposit fASt L Peor & N W 1st St St L 47% " 21% Southern & AgRiv & G Div 1st gold 4s ACertificates J-J 1996 1996 1996 1996 gold 5s 6s 51 142 ' 1947 1st 4s 21 1949 1971 91% 100 % 14 99% • St 60'A 20% Pacific RR— 2.50s 99% 59% 66% 1967 Calif of 2.45s % 99 J-D 1970 S A-O 59% 20% 98% 101'% 1947 106% 108'A 109 J-J 1966 1966 • — 2.40s Saguenay Pwr Ltd 1st M 4%s 102'A 104% J-J — Electric Co of Mo 33As Union 109 109% 109'A 110 ■ , i.:-' J-J A-O 70% 64 12 *110 ' ' 63 39 • 129% . __ M-S Gen * • 58'% "103% 106 A-O debentures 3s U 79 26% M-S 69 J-D 100% 52 59% 25% I 98 — 26% 69% 58'% gold 4s__1946 100% 104% 102'% A-O 57% 27 4s_.._-__1950 104% 106% .1977 1977 Roch Gas & El 4 Vis series D 82 2 J-J 35 65 'A 1st 100% 104% 1949 A 82% 73 ' 40 *100% 101 — 57 65% 62 1st Buff 97% 103% 102 102 ■ .1939 1st gtd 5s .1939 1st gold 4s__1939 f§ARio Grande June A 1st 3V4S 16 ,.v.: 25 104% 105 101'A 65% 62% U 87% 101'A 102 M-N 62 65% 65 Va 105 73% 34 77 ~~ F-A 1956 1956 67'A 92 • 102 % 102 Republic Steel Corp 4Vis series 1954 Purchase money 1st M conv 5'As 1954 87% 77 76 76 76% ■; .1961 B__1961 ref & Impt 3%s__1960 West & t§AUnion Elec Ry 87% 1 High 98% 102'% 65% 108% 111% 103 14 • Union A-O Low 15 221% R .1951 1951 & Trenton 80 Union Reading Co Jersey Cent coll 4s Louis St Ham 216 : • 8 ' Tol 105% 106'% .. 1943 High 143% 144% :' 'w- - 104 % 104% __ • .... 225 110% 111% 111 J-J 1948 ' ' *144% *215 __ 8% 108% 110% 3 1960 Jan 1960 January No. 96 Toronto 80 *105"% 106 J-D .-1968 3 • " 110% 110%. J-J Purity Bakeries s f deb 5s„ 7% *83% J-J ____1972 2037 >-.2037 ref mtge 3s 1st M-N 1st ref 4s income 5s_. Range Since Sold 100'A 101 — ref §AThird Ave RR 1st 5s ext __ 13 95 95 MS 1968 Public Service El & Gas 3'As B J-D & Tol & 4s series 5s 2000 & 107% 109 ■11 . tAProvidence Terminal ref & 1st gold 5s Bonds Sale Price Bid & Asked . 89'A Week's Range or Friday's Last Period Low Texas 108 118 __ *106 J-J ___1957 1956 Interest 4 Gen • 88% J-J . t A Providence Securities 4sL Friday Exchange Dec. Gen 3'As 4>As 1st Stock Ended High J-D extended to 5s Potomac Low No. 109 1977 -I960 1950 1966 Elec Gen Portland January *101 5s series B 4Vis series D 1st Sold High New York Range Since Bonds Friday's or Bid & Asked Low Pitts Young BONDS Week's Range Friday BONDS New York Monday, December 7, 1942 delivery sale not included -M-S M-N In 101% 101% 98% 98% 99'% 41 32 98% 100% the year's range, d Ex-interest, e Odd-lot sale net not included in the year's range. rCash sale the year's range, n Under-the-rule sale in the year's range. ^Negotiability impaired by maturity. tThe price represented is the dollar quotation per 200Accrued interest payable at the exchange rate of $4.8484. pound unit of bonds. tCompanies reported the Bankiuptcy Act, as being in bankruptcy, receivership, or reorganized under Section or securities assumed by such companies. •Friday's bid and asked price. No sales transacted during current week. ABonds selling flat. 77 of THE COMMERCIAL & FINANCIAL CHRONICLE Number 4131 Volume 156 2021 NEW YORK CURB EXCHANGE WEEKLY AND NOTICE—Cash and deferred delivery sales are disregarded in the week's range unless they in in the week footnote a the In list extensive STOCKS Week Dec. Ended furnish we a Week's Aero Class Convertible : 6% Dec 3% 3% 4% 500 3% Dec 8% Feb 1% Jan 2JA Sep Bowman-Blltmore common— 2 Oct 1% 200 1,200 .—10 400 1/64 Nov 100 % May 78% 210 73 Jun 83 10 89 Sep 107 Feb 79 Sep 97 common.,..— HZZi —J: * Investing $3 conv pfd. Allied Products (Mich) — —10 —- Aluminum Co 6% common.— .—25 conv common..-j..i..^„,* preferred——. Aluminum Goods Aluminum Industries Aluminium 6% —100 Mfg 2% i% i% 22 22 1,100 24% 23% 17 20 24 American Beverage common..—.... 1 American Book Co... .100/ ,103% 1,100 109 109% 400 200 80% 650 65 % 90% 104 50 20% 20% common—_1 5'/a 5 % American Capital class A common.. 10c % % 11% 11% class ———* Central Cities Convertible 5% 100 % Feb % Nov 600 7% class Jan 6% Feb 17% 4% Apr 17% Dec 14% 17% 1,500 1,150 4 Apr 171/4 Dec —.1 % ■u. 35% 35% 36',4 4,800 % % % 400 • 12 % 12 % 12% 700 ..——10 18% 18% 19 y2 8,700 —100 97% 96% 97 % 450 3'/a 2,500 1% May 25 24% May 27% May ; .... . 1,000 10 American Fork Si American Gas & Hoe common Electric preferred. . . General 2% 3 Corp common—.10c preferred .1 $2.50 convertible preferred—.—.1 convertible 28 American Hard Rubber Co 32 50 14 6% 21 12 12% 14 20% —25 American Laundry Mach ........20 American Light & Trac common—25 28 32 — 12% 26% 200 26 preferred— > ...—25 American Mfg Co common—.—-100 Preferred —-U.——i—.-.TOO-. %' 200 36 July a* Jan 12% 13% Dec Nov 34 Mar 5'A May May i®« Sep 1% May A Jun 100 7% 3% Nov % Sep 104 10% 5,900 4% 10% 1,300 7 Oct 3% 3% 3,000 : 1% 2 . Jan 10% Dec May 3% July 19 May 10% Nov 8% Jan 20% Jan 1% Jan 2% 400 100 :— 52 Corp % Am Am % 200 'A July % Oct 42 50 40 Jun 55Va Feb 11% 100 11 Nov 14% Jan 30 Va Jun 13 13 Jan Mar 14 Nov 8 Oct 13 Dec 6% —£1 31'/e 10 Jun 10 Nov 300 13 .—£1 Celanese Ltd— British dep rets ord reg—... ..10s Brown Fence & Wire common. 1 Amer Class 1% 12 5% 200 300 1 Va IVa Jan 1,000 1% Jun 5% 46 preferred—....:—. ; Nov 2 Feb 400 12 5% 1% % Mar 1% 1% 1% m preferred A Brown Forman Distillers—.. $6 Jan 11% ——* dep rects ord bearer—. dep rets ord reg- Feb Apr 31/8 Jun 42 Oil Co——* Tobacco- American 60 Jan 1% Jan 12% Aug 6'A 80 May Oct (EL) Bruce Nov % % % 1,400 'A Oct, Jan 11% Jan 41/3 Apr 36% 36% 38% 350 35% Jan common——...1 Brown Rubber Co —.5 Co common— : —* Line....—..50 ■ Buffalo Niagara & East Power— $1.60 preferred—; ...—,—.25 $5 1st preferred —....*■' Bunker Hill & Sullivan..:— 2.50 Burco Inc $3 preferred— • Burma Corp Am dep rets— Burry Biscuit Corp..* ——-12 %c Buckeye Pipe 8% 78% 9% 8% 10,600 78% 1,050 600 14% Oct 4% 42 8% Mar 9% 11% Aug . % 73 400 iff. A 1,600 91% Jan 12V» Jan 13 Feb • % % Aug . . Va Jan Apr Oct 15%: Jan 5% Aug 61%. Sep 9% 7% 76 Sep Dec % Nov ■ Jan 3% ... Nov 31 NOV 32 Feb 18 Jan 22 Apr • . 1*6 Jan 200 .2% Apr .10 1% 1% 600 1 1% 1% 300 California Callite Canada Cement Co Ltd 6%% 18% Mar 26% July 26 »/2 Nov 79% Jan 85 3% Jun Apr •: 50e trust Oertificates....—50c Voting Calamba Suaar Estate— Electric Tungsten Camden Power Corp Insurance Fire % Aug Sep ft 31/4 1'ff 3 % 200 —..—..20 Cable Electric Products common 13% Nov 7 % Mar 21 9% 20% Jan Apr 82% Mar Apr 18% Mar Jan Va Sep •• 10% Apr 11 Nov July 41% 28% May 2,200 100 v % A Sep 35 - % 47 (i Bruck Silk Mills Ltd. Cyanamid class A—.—10 Class B non-voting............—.10 American Foreign Power warrants $2 80% Oct 14% 15 Dec May Nov Jan —.—25 Nov 3% 33 X7% 3% 1% Class, A. . Feb 11% 4% A...., Class B 4% Ve % Jan 7%. • Nov American American 24% May Jan 10% class A——— —.* Class B—— ^—• 7% preferred—...—.— .—100 Brillo Mfg Co common— % May .A Apr Sep 19 Light— Class'' A . Nov 65ya 5% Preferred Brill 7 Sep 81% Nov 104 1.622 —1 High : 6 Sep l5/8 Mar 100 Machine..— Bridgeport British 5% Mfg— 50 —* British American 3% —*• Power & 4 • 24 ...1 Bridgeport . Gaa Light Co Feb ——25 American 47 % Brewster" Aeronautical, Jan A July 11% 43 ——.1 Corjp common.....—. Jan May 4 ye Apr B-———————10c preferred—— $5.50 prior preferred. American 100. Dec Dec Breeze 12% Jan 104 20% 500 * preferred— ...—,.100 $5 2d preferred—.——, ...* Brazilian Traction Lgt & Fwr^.._i,—* 105 Sep 100 77% 104 200 3% 1st 114% 12 Co Common 24% Apr 99% May 12% 12% Jan 24 78% 102 Box $3 fg Sep May 109% American Board Mar 3% May 1% Nov" Jan 103 common..— ........100 1% Aug % May 100 350 24 Ltd common..———..* preferred—.— iV Jan v % Jan —.* 7 % Low 5'A 3 Co common Jan 75 • * — Investment A Oct 114 1/64 I'/a Allied Intl Class 21% ioi% loi % —50 Alliance 18 May. 19 y2 July (H C) Range Since January 1 High 51/4 Jan 1% —— Shares _* — 4 1% $7 preferred- (S) & Co. 500 1% Great Alles <fe Fisher Inc Bohack 6% 1/64 , Nov 6% . Southern 21 Oct i—. preferred 20 5% —2 Alabama Sales for Week Low 4% Jun .—3 SB Blumenthal Mar Range of Prices Par Feb 300 100 —50c Electric Appliance-.— Last 4 High 22% Week's Friday Sale Price Exchange 514 —1 Air»Way Alabama Power Co * —. preferred-, Warrants 21 Curb Ended Dec. ;-',5;':v: 614 Air Associates Inc common— Week —* 7% 1st preferred—^100 Borne Scrymser Co-^-^ ; —i...—25. Bo'urjois Inc.— - Ainsworth Mfg common..,.-ii.—, —.5 Air Investors Low flish 21 i 514 , STOCKS New York Range Since January! 16% Sep .....i (N J)— Aircraft Accessories Corp Shares —10 ... Supply Mfg class A——., the transactions on the New York Curb Exchange for the week beginning on It is compiled entirely from the daily reports of the Curb Exchange itself, and is in¬ 1942). for Week Low Par Acme Wire Co common—— complete record of (Dec. 4, Sales . Range of Prices Last Sale Price 4 shown are whether stock or bond, in which any dealings have occurred during the current year. Friday York Curb Exchange New range , Saturday Nov. 28, and ending the present Friday tended to include every security, RECORD transactions of the week, and when selling outside the regular weekly No account is taken of such sales in computing the range for the year. . in which they occur. following YEARLY are the only 16 iff A JuW 3% Assn——...5 18 Dec 1% July % Mar 1 % Jan 2 Apr 19 Mar Oct • Maracaibo American % 19% 19% 300 5% 5% 1,200 2% 2% 100 1% Mar % 4,500 A Jan —_1 American Meter Co— American Potash American Republics—... —10 Seal-Kap common ..—2 American ' iff XI9% CO & 1st- $6 ■ -preferred.... $6 series preferred..— American Thread 5% American ./'J*,'' ~2% ——— Equipment Corp 1 2% 2 8% 8% 97% 2% Jan 55% Apr 200 : 130 Class B non NOV 1% Nov Canadian Marconi... NOV Capital 2 Jun 2% Jan Carman 1% Nov 2% Apr Class B 1% Oct Carnation 9 Jan Carolina Power & Light 1% 1% 2,500 % Apr 1% Nov Carter 400 6'A Apr 9% NOV Casco 75 % Aug 87% 85% 86% 40 Nov 4% Refining Co——- 1 Associated Breweries of Canada..—• Associated Electric Industries— 4% (J W) Jan : Feb 6 Nov Central Hudson Gas & Elec 3,600 3% Jan 4% Nov Jan Central New Catalin 100 v .. 3% Aug Nov Power . —• Products—.—.4.^.4 Voting Machine Avery (B P) & Sons common.... 6% preferred..—.— Jan 27% 27% 50 22 Jan 35% Jan 4% NOV % i7ff 3,300 % 16% 2% 3 3% 3% 400 5,800 600 in 1% 7 .10 19 -1 4 May Apr Jan 3 Dec 3% Feb 3% Sep 163A Nov Jan com Oct 19% Oct Jan 2% May 2% Mar Patoka Collieries— Feb 4% July Aug 12% May 13 Axton-Fisher Tobacco class A Ayrshire 67 109% Va Mar .25 —... ' 36% Nov ■■ 5»A Sep B Babcock & Wilcox Co.. Baldwin Locomotive— Purchase 1% 18% — warants for Baldwin Rubber Co Barium Barlow Stainless; & Seelig $1.20 convertible Beau —30 common—— A 18% 2% 27j/4 3% I Steel———— J— 1 Mfg— ' % Basic Refractories Baumann—See ; 2% common.. preferred—4.—......... 2% 3,100 28 350 4 600 % % 2,200 19 11 18 Jun 2% Jun 27»A Dec 3 Feb % Aug 2,900 6% May 4% 4 1 28% 1 common 7 1,100 4% ~7%, 6% 7% 1,000 4 'A 200 3% 3% 500 10 $1.50 convertible preferred Aircraft Corp ■ Nov 4 3 X2% 6% Bellanca Aircraft _l —Hi 9% 4% 3% 8% 9% 5,200 4 700 114 3% 113 113 20 Benson Convertible .preferred 11111 Berkey & Gay Furniture.. Bickfords Inc common.——.4. $2.50 preferred. Birdsboro Steel Fdy & Mach Co Blauner's Bliss Blue $3 common "2 ~* comZZ* 84% Oct 11 see page 2025. Jan Apr 72% May 60 Oct 6% Nov 7 'A. Dec 31/8 Jan 7% Jan 108% Nov 85% Dec Jan 8 Jan 85 Va May 107 Jan % Dec 7 /-%-:>cA vy;;-;. eoo 8 9% 3% 8 6,500 3% 100 Jun 2% Mar 3% % Jan 3% Nov 13 Apr 200 611/4 61% 611/4 lOO: 55% 8% 475 3% 4,600 60c 52% preferred—..— —* • Cities* Service P & L $7 preferred—..* $6 preferred————._.—.* City Auto Stamping... City & Suburban Homes _______.10 Clark Controller Co.——..__.1' Neon Clinchfield Lights Inc——— Coal Apr 6% May 1% Jun Aluminum Feb Plow Co Colonial 1. common.^ Rosenberger Inc Colon Development ordinary Colt's Airlines Patent Fire 77 .... % I;} Oil & Gas 150 34 Jun Community Water .Tun 36 Sep Compo Shoe Machinery— V t c extended to 1946. A Feb 27 Mar 4% Feb 4% Dec 52, Jan 13% 13% 82% Jan Apr 82% Jan 3% Jun 50 Apr 40 4% 100 6 July 11 Nov % Apr 4% Nov Jan 6% Mar 15 Mar % Feb % 2,300 28% 375 5% 5% 100 4% Sep 6% Apr 6 6% 300 3 Va 7 a; 28% 28 4% 4s/e % Jan & Southern Sefvice 21 Sep Jan — 1 common 8 Jan Consolidated Jan Consol G E L P Bait common—... 5 Jan 1% Nov 40% Dec Telephone & Electric. Corp—1 4%% 4% Co. —... series B preferred..— preferred series C Consolidated Gas % Mar ' " 21% 207/8 1/128 41/4' 1,100 2 Mar 1,500 1 May 52% 400 50 Dec 12 1/128 . 2,500 15'A Sep % Apr 12,200 5 Mar 35 Jan Sep Utilities 1% Nov % Va 7% *, 7%. 7% 550 "2% "3% 2 55 - 537/8 2% 18,700 1 55 300 1,700 160 111% lliy8T12% 102'A 101 102'A 280 2 »/8 2 2% 1,300 Jan Jan Jan 1% Jan ,'a NOV Jan 18 Jan Oct 7 3*3 1% 2 Vs 72% 34 apt . 1 i—100 ..100 &ar 13 Aug % Apr 2% Nov 4% Nov 1/256 Mar 610 23 ■ • 39 Biscuit 1,300 1% 4%. 50 2 ——25 —1 Conn Gas & 16% Coke Secur 51- 1 warrants- iJan Sep Conn 1%" 1 —1 Community Public Service 900 40 y2 Feb 3% Nov 7 Columbia Gas & Elec 5 % preferred.100 Jun 40 % Jan 4% Columbia Commonwealth Apr 14 55 6% May —1 Nov Nov Jan A 40 20 4% V/b ... Mar 10 Apr 28% Sep 6 • Oct 10 3,200 Jan 64% NOV _• Sep Va Nov 10% 10 77 Apr 2% SO Jan Jan % Mar 3% Jan Arms—..:.——j-25 117 6 500 Co— 11% 8% Aug 38'A Jan 100 67/a Sep 2% May 27 1,850 4% . 41 —1 22% 100 385 : 40 Corp—-—100 Utensil Aug Mar 101 53% 49% 4 preferred B——— $6 preferred BB 4Va 10% R3 3*3 Mar 80 7% Cockshutt 8% Feb Oct 200 1,000 77% 3% - Jan 6% May 70'A Apr 47 Apr x4'A Feb 79 7% $6 Cohn & Jan 4% 2% 40 % 85% 31/4 , 7% 2,500 —4...., Ridge Corp common.__4.Z__I Zl optional convertible preferredZZZ* 1,000 Childs Co preferred—^ —..100 Cities Service common— .—10 91/2 Nov A 6 6 10 Va For footnotes, 9%: 38 VA common.____.__H——1.1 (E W) Jan 8% 1% .Nov 9% 39 % % 9% Jan Apr Feb 2% May 5% Oct 1,000 6% 19 34 ...loo x3 6% Consolidated Mining——1 Jan 33% Jan X4% Chief 30 common Bell Tel of Canada..... & Hedges common.. Jan 103 »/2 90 50c Clayton & Lambert Mfg _—..4 Cleveland Electric Illuminating—.* Cleveland Tractor common.. —.* 3% Jan 21 ;_20 Beech Apr 111% Mar 6 Metal Weather Strip Co..5 Claude 6% •3% 90 10 6% Colorado Fuel & Iron warrants Beaunit Mills Inc 100 6% Co———.1 A'rcraft Jan "Ludwig" Brummell Ties Inc.— 100 6% 42 Apr 99 100 West Utilities Central & South Club common- ...5 Inc Apr Oct NOV 16 3% pfd Charis Corp common.—. — 10 Cherry-Burrell common. ——.—5 Chesebrough Mfg.......———25 Chicago Flexible Shaft Co —: 5 Chicago Rivet & Mach————.4 3 5 ZHi Automatic Light 7% Nov Jun Mar 800 iV * Automatic & Chamberlin 3% 3 • 20 5% 35% May Products.—1 Steel Ohio Central Feb 3% .—1 iii xl9% May preferred.100 York Power 5% pfd__ 100 Sep 62 —. com——* y» 106 3% // 27% 1 America % % Mar Rayon Corp.— of Corp Central * Feb Central Maine Power 7% 2% Mar Oct % NOV ' 8 Cessna Atlas Corp warrants— * 134% 12 —„1 Co common— Jun 13 2% Aug : . Products.. May 8% • Jan 11% July Nov Jan 150 A———• common 4% £1 Atlas Drop Forge common——— Atlas Plywood Corp.. ———. class Co Co 400 6 Associated Tel & Tel class A.—: Atlantic & 9'/4 6% - Nov 3% 1,200 —.1 ; Products. City $7 preferred..* $6 preferred——.————— * Carrier Corp common.————1 8% ■ tt Sep 21% 121 ...100 preferred..——— 2% 103% Jan Jan Jan 2 % Mar voting...—..———* 3% 1 % 86% 25 Canadian Industries Ltd— 8% 1 % 15% 2% 21% 21% ————• Apr ' Ashland Atlanta Birm & Coast RR Co pfd. .100 Atlanta Gas Light 6% preferred- .100 Atlantic Coast Fisheries ...1 Atlantic Coast Line Co ..50 voting Jan 71/4 July 91% Apr 77% Jun Alcohol- Industrial Class, A Oct as2 / Jun 77% participating preferred.——.25 IV" Canadian 1,200 5% dep rects reg Associated Laundries of America Feb Jan 1% 100 1 American eye 61% Mar pfd__100 Canadian Car & Foundry Ltd— 1% 1% Art Metal Works common..—..——5 & 1,300 ' 8% 96 —4—10 Arkansas Power & Light $7 preferred.* 33% 27% Apr Jan non-voting—..-—* preferred— Aug May 4% 1,000 2 1% Oil 300 2% 2%.; Arkansas Natural Gas common...—• Aro 52% iV Dec 2% Paper common * Fence——2 class A 51 2% 96% Common ' 3* preferred...—5 Angostura-Wupperman ——— .1 Apex-Elec Mfg Co common * Appalachian Elec Pwr 4 y2 % pfd—100 6#> Xl8 39 Writing Anchor Post 5,700 Chemical.—:.—.* American Superpower Corp common..* : iV Jan 9% Mar 'A Sep Jun Jan % 3 '/a Jun 2% Dec Oct 55 Dec Apr 115 Oct 96% Mar 104 Aug 39% Mar 106% 1% Jan 2% Dec THE COMMERCIAL & 2022 Monday, December 7, 1942 FINANCIAL CHRONICLE II NEW YORK CURB EXCHANGE Week 5 1 100 10 * Mining & Smelt Ltd Stores——8 % preferred Consolidated Royalty Oil Consolidated Steel Corp.-, Continental Gas & Electric Co— Consolidated Retail Low 2934 29% 50 4 34 4% 200 3 Mar 10 105 Dec $3 $6 Reynolds— preferred A Petroleum common convertible preferred Courtaulds Ltd— Cosden 5% Drug Co preferred convertible n"s Crystal Oil Refining common $6 preferred Atlantic Cuban Tobacco Cuban Inc Lighting Curtis i Glen Jan Godchaux % 134 Oct 2 4% Nov Jan 1 100 Mfg Inc Gorham $3 Nov Mines—^— Co 314 V2 Jan 634 Nov Gray Apr 1 Great Jan 21 Mfg — ■■.A . . 34 ,7% Apr Aug ZZ ■. — — Jun 1534 Jan 134 Sep Greenfield Tap Nov 1 % May Oct 10 —-— & Die 334 Gulf 128 Hosiery Mills Davenport 35 „ 1 _5 50 Dejay Stores Mfg class A common—. Dennison preferred— $6 prior debenture 8% Derby Oil & Refining Corp com A convertible preferred Gasket Detroit & 13 Jan 25 %Z 300 3% 334 2% Jan :Z 3% Dec Mfg • 33b Aug v 2 700 Foundry Gray Iron Detroit Mich Stove Detroit Steel De Vilbiss Co Jun 49% Nov 1714 Aug 14 May Va Mar 18 1 Truck Dobeckmun Co Steel Dominion & Jun 7 34 : .,75 , 124 Hosiery Duro Test Corp Duval Texas 43's class B j ] 37 37 534 .% .7 373-b 10 3 34 — 434 ,434 ——_— C 5» Z 15 10 40 Corp. Zf-- 13 34. W — - • , ;;-33 4 Z" : z 200 K-' 4, — Class A——J— 1% •• 134 Co Rubber Hoe 66 66 25 6214. Aug 70 July >4: 14 Jan 34 400 7% 400 Oct 1 Mar Holophane 8 July Harder's 4%% Malleable Eastern States Eastern $5 % May '1% Jan 43% 453» 400 41 Apr 5214 Jan 19 1934 1,925 19 May 33 Jan 16% Jan 22 Va Mar X21 25 - x21 - * 14 * preferred series A preferred _ 10% t v —t c Machine Sep 17 Jan Sep 17 Jan 38% July • 33 Nov 2 Jan Share & 12% 2% Electric Power Option & v, 42 • _ ___ ♦ Light 2d pfd A_ 40 Jan 2,200 3614 Aug 6334 42 34 300 2% Mar 634 Nov 800 5/64 Apr A Jar. 500 20 534 •>■;•: 534 Va 5% % Vi 24% J_ warrants Jan Z, 1334 634 C) .1 Hardart-_„4,:.—_ Co common—.. Z5Z 59 Corp.—_• ; Ligonier ;Co——— 60 ,,12.1 Apr Z; 16% Dec 1:12 Jan Z *27% Mar 2V» V V •"•••" - ,• t'■} • i.r.' "z ■ J» . 12 Corp Elgin National Watch Co_ Electric Emerson 1 . 34 •' 3 Aug 27 34 jlan 112 1, Apr ,,..2134 Jun Z Aug 5,300 4634 Mar 62 100 2% Aug x23 x23% 1_ —4 Mfg- preferred 8% preferred Empire Power participating stock. Emsco Derrick & Equipment Ills 7% __ •: Eureka Inc Eversliarp f:: Feb Feb 434 934 Sep Jan V Illinois "3% 600 2,.„; Jan 23 34; 2434 B34'' • Powtr Iowa 5% convertible .preferred.—'— Div v arrear Zinc Illinois ... 1,000 .1634 Apr / 24% 2,900 1 Mar 23» 600 9 May 1334 .334 Co .j. — / 134 ,214 10 * Oct Nov 159% Sep Indiana , • 300 34- .1 ■ 24% 50 certificates———— 155 34 5% 4 34 May Jan Jan May May 85 ;;ZZ- 157 Mar 82 31 '• ■ Apr Apr 168% 2 3b - 10 10 81 Am 3% Nov 134 Nov iVMay . I r -! 50 w *2- Sep Nov Indiana 6 Nov l</c :-a 825 13 % 400 2 50 19 — . 34 ;./■■;• •—: :■ 2 34 44// Dec Apr 2314 Jan 2% Oct Insurance Nov International /•':' 34 Industrial Finance v t c common Aviation Fairchild Falstaff Engine Motor Am Light $7 preferrec Motor of voting Indus Co .. .. _ _1 7% Jan 9% Nov 5 Jan 534 Mar 33a • Sep ,.7 64% Va May 68 200 827* 3;z:z. 1534 Sep 134 2,200 > Jan Jan 103 Feb / •ivl 3 4■ Co & Malt 16 common y, / — ■ z ,10 Jan 1614 Oct 150 ' 11 Jan 1634 Oct 4 •,V- 'n- 134 100 —— »—• Feb 2% Nov 1,000 1 11 500 8 11 11% 150 2% '• .. . — — — :• -- 1834 May 8 Mar Mar 40 18 Jun Jan Mar July 234 1 5% preferred Mfg Co Gellman General common 1 • Alloys Co 12 Oct 35% Oct 50 Aug 1/0 5 61 Amer 1,000 34 Nov 1 % Jan A May $1.75 preferred $3.50 prior preferred..._—... Interstate Interstate dep rets ord reg £1 General Finance Corp common... 5 71 preferred series A. Gas For & Elec $6 preferred B_ footnotes see p«ee 2025. 2 1 10 General Fireproofing common 7% .7% 50 * Nov 6 Sep 12% Feb * 90 90 20 59% Mar Nov 107 34 J«h .30 12 Apr 26 Oct Z 10 12 Apr 19 .. ?; 19 - . ,2634 Oct • Home Equipment^—.4 Hosiery '4 175 7% Feb 1734 Aug 500 55% Apr Z/77% Jan 12% 200 10 Aug 2% Z 400 13% 12 2% .2% J Mfg voting trust ctfs—_* Irving Air Chute.—4-^-1 Italian Superpower 1% / 1% 1 234 134 8,100 ... ■ - ■■ •• 734 2 7% Sep Nov Dec 1514 Jan 10214 Jan Apr 7% 8% Mar 700 1134 13% 9 5V4: 5%-' .5% : f \iX- v .. 3- - i -' 1 A 1,000 ;3 34 ; f % Aug 3% 34 Apr ;; 31 > 14 14 14% 8 ,8 A 34 34 • Oct Oct Oct 23 '■?. July :• 134 Nov 34 May > - 834 Mar 15 Feb Feb U10 Aug, 2234 May ,334 Nov 200 3% - .!?%'*• Feb 6 Oct Nov 6 July j* Nov 1334 Nov Jan 2 Nov 114 Nov Jan 4 •Z 300 34 July Jan 15 Jun ; 250 10%. Jan 300 7% Julv 9% Mar Sep iV Dec . 900 * A. 234 Feb 4 34 1% 1234 Royalty.%ii——...—.1 Iron Fireman Jan 13 1 % Mills— preferred.—f Power $7 134 July ••% Mar 1434 68% : 69'% —* Interstate au ■ ' ... ■< Jacobs (FL) ■ Jan 254 Co————L—•— . 2% .^2%' 1 Jeannette Glass Co.. 1_ Jersey Central Pwr & Lt 5%% pfd. preferred—il— preferred——4^.4— l i. & Kokenge Coil———— .... .100 .100 59 V- 67 7034 80 *, 134 Jan' 14' Oct. ~ 3% Nov 134 ••• ' Jan Dec 81 Jan 160 61 Apr 88 Jan 30 'f H 79 67 .100 i; i,6oo 200 1 57, v 59 68 Apr 95 .T«n 100 57 117* ' Nov 12 Jan 116 Nov I Kansas Gas & Elec 7%, Kennedy's 6% Aug 19 14% Products.———.* July 14 July 400 Dec 514 Apr Safety- Razor Sep Electric Co Ltd— Gen Gen 34 13% Jan 20% Jan 52% May 100 : common Apr 234 86% Nov >' 3% Feb • 8 34 120 . Julian Co 450 B—: V/ International/Utility class A...—.—_* 4 Class. B——...i— * International T/f Power Jan 1,000 shares....^—1——--f// International 6 % Gatineau Oct 9 / 93 -• series Oct 11 34 Mar 25 11% Nov 20 Nov 1538 ' 1014 x2 34 „1 100 preferred 17 ' — • stock 10% Dec ' 134 1 Investors; May 8 //?.' .f'-; 1% ,, 18 i— 100 of North America.—-.10 $3.50 Registered Nov 500 16 1534 ■ 2% Distilling convertible 47* 214 5 Brewing Co Grain conv V3 Mar 44 __ Conv participating preferred- _15 1 Fuller (Geo A) Co $3 400 34 81% 3 • Engineer—, , ———_1 10c Z . (Peter) Froedtert 82% , $1.50 preferred Franklin 1,700 434 4 * Worth Stock Yards Fox 934 ' 6 • « non-voting B Common 100 — : 234 Canada— A Class Foundation • .£1 reg Class Fort y ; Jun Jan . Nov 83# 5% 5% 92 19 100 Machine^..: fElectric4—.^—.50 International Industries Inc.. —1 International Metal Industries A International Petroleum coupon shs„_* Co Ltd— rets ord dep Ford & Power .10 (Phila) 7% Nov Nov 1% 1,300 x834 834. , 1% 934 7 900 7 34 ■ Association Ford • Mfg Co Z " 8 1% .'••• ■ Z 7 1% Airplane & Metallurgical Fedders Florida ;VV:: —1 Brewing— Fansteel Fire — Oct 8% - 13% 13 5 34 ;■ preferred 7% Preferred Fairchild 314 Jan Jan 6 Hydro 4 Apr Z 734 Mar Cigar Apr Jun 100 Nov 21% May 23 ... Jan 5% 1,500 834 8% preferred—.—100 6% Service /—7 % preferred.100 preferred International 2.300 834 — 25 ■h 23 common n 2% 2% .*,]•*' . 21% % 20 "234 ;Z'- 5 " . Pipe Line Jan 1834 ' • '' 8% — Indianapolis P & L 5%% Dec Nov' 2% Mar dep Imperial Oil Apr 89 ■>. :lj •' Nov 34. Aug .fr""-i- " ■ % 200 - - Oct Jan., Mar. 6 Jan 100 200 834.' ; 534 i- 15034 Feb Jan 81 Iz^u.v — 157 • —1 Inc Pipe Line common Esquire ,'r > 9 28 57 Z'Z' ;'Z ■ •> __ Equity Corp common $3 convertible preferred • • •' .... _ %;■•***. .... Empire District Electric 6% pfd— _100 100 Empire Gas & Fuel Co 6 7* pfd -100 672% preferred ^ Jan 15 . 34 Chemical Industriesrets regis.. ——£1 (Cant coupon—j. ? Registered u—— ——* Imperial Tobacco of Canada 5 Imperial Tobacco of Great Britain & Ireland ——i.—; 61 Apr Aug 4% _ —15 — Jan. , .7-f-t 3134 Sep 1077* Aug — , , Jun 5 .734 Jan 734 Jan H — 83U Jan 1734 Oct 5 275 ■ • Nov 88% Oct 1;. 1234 July ;■! 3%.A 334. 5 * Huyler's common.-—-i 1 V t c for 1st preferred....—4——t Hydro-Electric Securities. ——• Hygrade Food Product?——.—4 5 Hummel-Ross; Eibre Hussmaun 59 V ,: %. 6% 1134. Feb Oct 12 34 (Harvey) Inc].—— 5 Humble Oil & Refining————_.* Jan 24 Jun 1, 65 H '.Z -—Z'-ZZ '■ •;-. — 634 Jan 534 Apr •-..-S-'v 2434 2314 2334 —.—*• Z ., 60 , •.Z. Jan. 33a Mar 550 29 ' Jan 10 20 2,100 z ;• Z ^ preferred——:..—————100 , 150 'zz 29 10 734 Aug ;v. J 90& 16341 16 .16% • — Aug 934 ZZ* Jan 6% Jan 314 May 6 . • :Z >7 6 .34: v 5 :Z1 v 14 2034 3134 Oct 50 • Nov 4 Z Imperial Electrographic Feb 114 Apr 234 Jan Hubbell Jan 1034 May 17,100 " > Jan -11 :Z' Nov 60% 43 Ik 40-:; 19 46 Oct Apr 34% Aug ' 17/B 134 134 .1.5 common Nov 2,000 1*' 5 Bond preferred—. preferred 3% 41 _•••''■ L— '' z '■■■ 80 1,200 3 234 2% •' 35% 33 35% • B Economy Grocery Stores $6 Jan 934 914 10 Sugar Associates— Washing Electrie $5 % Jan 100 50 10 10 10 • series B_ preferred Easy 1,000 —25 Corp $7 $6 Eastern 14 44% _ Iron 14 " 434 May Feb Dec 100 , 7034.' 71V* * 1334 common^ & 5% Jan 19% prior preferred 834 1 preferred. 6% 6%. Aug * Dec 25% Mar 200 :;zz Z.z 400 '"ZZ.Z' (Geo. A) .& Co common..—. (A Horn 3,000 Co Inc.—.... z z 10 ——10 Consolidated. G-M— Hoilinger Feb 834 >■• . 3% Apr May , : 13-4 4,300 ' x5 5 Chemical... Jan u 634 34 Z ' •:-6 6 x5 common (R) & Co class A. Hormel 7% 71« 73o Z 6 34 8 Feb 334 7% 10 . ,l; 143® May :iul li't. 4 V* -Z •; 634 Henry Holt & Co participating A— Hewitt Horn Eagle- Picher Lead_____ East Gas & Fuel Assoc common... Jan 234 May r *, 2,300 ' •' $ 25 Apr 7S4 Heyden ■ .434 434, 2 common—.——— Preferred Oct >4 •.U'-* * — Jun 19 Jan Heller Aug Jan % 109 ■Z/Z % Jan 111% Aug 200 —; preferred—:——5Q Hecia Mining Co _—25c Helena Rubenstein..——.—, * 25% 734 Jan Apr 3% 200 3a _'/ • •• convertible 6% 67 • Oct 108 2% May 100 4 74 Z i6-%;, V 41 -ZZ: ;z . 1634 41'%. America B non-cot com—1 V Dept Stores common——— 5 Hazeltine 2014 Mar 7% 39 Apr 9234 25 4,3% 13a Ju.'v Feb 91 3% Hat Corp of 100 52 • Jan 7% Mar Jun 2434 Mar 4,500 • 25 Hartford Rayon voting trust ctfs 1 Harvard Brewing Co.—... —...1 25 1 ; 35% Dec 1,100 105 34 105 34 Electric Light— .— Hartlord 24 • common.: common Jan x6 Feb 17% Aug ZZiZH * Sulphur 514 314 Aug 400 * —- Sep Nov 14 714 Aug 24 iY Jan Jan 26 150 . 7 3a V -,6 Va : 10% Mar 314 10 Jan 13414 Nov' Feb . 3,500 . 26% kit-" ....5 Paper—...————10 Co. Lamp Hammermill 2934 July 25 4- 214 Feb Z 4% 334 __ * Coal B Duke Power Co Durham 1V2 10% 1 Harris Co Driver 100 100 Jan 29% July 1 _ Corp Draper , ♦ ; common common Bridge Co Ltd Dominion 300 % 1% 13% 174 137* — 10 common Divco-Twin 34 % 1 Oct 83 •, H Hall Hearn 10 4 Apr: Feb 8% • Feb 7 Jan 1% Apr 3914 r Oct 110 Mar 34 100 1 34 51% May Jan 105 1 common—. common Shoe Diamond Co _ Products Jun Nov 45i : May 58 ' Detroit Mar 28 29 ' A Nov 214 Mar Jan 1 1% 128 Z Jan , Aug 37 • —• 1 20 preferred without warrants 6% Jan 10% 100 ; — — 15 614 70 Z 12 25 - 34 Apr 19% Aug 23 Nov Feb 200 '14 1134 25 1 convertible——. Class A •1 1'' • : : Rubber Mfg— Dayton 1,500 z: '/« ,i & Alabastine Oct Oct 134 Jan Oct 8% - May Jan % ;; 30 V V-- I 73 34. Z 26 • 714 334 ; z • .... ';• preferred Gypsum Lime 5 Oct , Z ZZ 100 Z Z 200 >' i" —4-- —25 * pfd $5.50 Utilities States : ,;J 128 1 common- _25C- Gulf Oil Corp ,'Feb .- Joa 25 4 4 334 __25 ——— Stores .Products Grocery _ Paper— Jan 9 100 200 21%; 72 -100 York Brewery New Jun 614 Feb 5 Z' -" ■ stock 32 Dec Nov.,, 200 '10 25 20% / ■ ;; ' Northern $6 common Sep July 434 "v, .25 . — • preferred, 1st Greater Great D Petroleum Oct 14 34 -• ' 25 —10 ——„— common Jan 25 60 — • Darby 434 92 25 1,000 ; . Pacific Tea— & 114 : :. 5 92 34 .50 __1 Co„ Atlantic Non-voting Jan 9 Aug 1 1034 3,200 .27 4% 92% i'Z class A—— 10 34 2,100 : 30 434 • Sep Va Mar 8 12 34.1 27 i—." .' • -1 - - Grand Rapids-Varnish 7* Sep 4 Va 1134 Oct 1 — 12 1234 • preferred. Mfg common— — . * — Consolidated Goodman Nov 1% — 1114 :■ • & Dec 18 12 Nov Sugars class A. Goldfield 4 700 ]i! 45 Juiy B preferred x% 300 1,500 ,34. Apr "v/3 • Jun 33 214 . 634 V 41 Coal—4—1—^44'— Alden Class Oct 1014 Nov 4'/a 2,600 634 214 . ——* * ; Gorham 6% 3/4 NOV. Jan • 19 17,200 1 Jan .88 5 * Apr 34' • 103 - May May • 16 Va. Jan Mar' 11% 4,900 Apr Jan 4 • Jun 2.50 5 common (Mo)— Curtis Mfg Co % 1 .. Co 34 86 . Jan, 3 4 34 ' July ' . 80 common..— Preferred Gilchrist Sep 1034 9% 1034 ■ Va (A C) 7 . —* —-• 1. preferred... 84 300 1634 16 1634 21 Georgia Power $6 preferred——.;—-* Jan % 1,800 434 ._* preferred 200 3014 Nov' 103% Aug Jan 121/2 434 2914 Nov. 54 Aug 49.14 3« ; May 2 34 1 200 1 Va 70 Jan & Apr; ■ Apr 6734 May "1 ;'z 300 •! : 3534 $3 Oct Jan 3-4 50y4 96% Gilbert Va 5 1ft Jun * Tire Oct Nov' x# July 34 50% 7334 2834 Apr 20 50 pfd A—100 $5 6 Jan 28% preferred Nov 3834 /,/: — Water Gas & Electric common.—1 Gen Apr Sep $6 • High Low Rubber 6% Nov 9 t4 Jan 400 ]g i if : , 4% 1,450 )3J j n * common 1014 Jan 2814 Range Since January 1 High 55 pfd .100 preferred—* 6% Service convertible $6 $7 5 J 1234 Jan Jun 31 -1 • 10 Sugar Jan 6'4 700 "434 "534 5 • 25c 25 . common Jan 88 Apr 7% Jan 2,100 8% Vir — 60 734 934 9 9% • Petrol (Md) International A Cent Cork Crown 714 Oct 434 1 Crowley Milner & Co Crown 134 Jun 76% receipts (ord reg)__£1 Creole Petroleum 5 Crocker Wheeler Electric Croft Brewing Co 1 Crown Jan 3% 30 Low Rayon Co A stock—i * General Shareholdings Corp com___—1 General dep American LVa 300 5c 1 • 1 50. Co Gold Mines- & Corroon 300 8 7* Range Public Adv Outdoor General 5% 76% Shares General Nov 4% 107 1 '/8 • * • prior preference— Cornucopia General Dec July 317* Jan 34 "734 Cooper-Bessemer common Copper 105 25 V2 5'/2 1 for Week Par ' -- 1 • Varnish Co Cook Paint & 105 105 100 prior preferred—,_ Continental Roll & Steel 7</r; High 4 Dec. High LOW Par Consolidated Sales Range of Prices Friday Exchange Curb Ended Week 1 Range Since January Shares of Prices Week's Last Sale Price STOCKS York New for Week Range Last Sale Price Exchange Ended Dec. 4 Curb Sales Week's Friday STOCKS York New 5% Kirby 5 — & Lamp A— Kings Co Lighting. 7% pfd B— preferred D Products..:.— Petroleum——4—.—— Kingston 50 1H34 115 preferred—100 Inc.— Ken-Rad Tube — 4t 111% 6 Mar 27% Mar .10C 19 .100 :.134... I —1 July 4 • —'.pi. 1% 413-4 1% 13b 1.600 2,600 . Apr 1 Jan •'... 1% Mar . 8 Jan Jan 5% Aug 53 Jan 39% Jan 134 Oct 2 Feb > Week - Sales Range Exchange > Last Ended 'Dec. 4 V.Sale Price for Week of Prices Shares Curb Par t .v Low ■ v, ' Low % Emil) Co common— • Kleinert (I B) Rubber Co-,——110 \ —~1 -- Knott Corp common Kobacker r Kress (S Nebraska. Power 7% 4% Oct Nehi Corp Feb Nelson 99 Sep Neptune Meter class A ■ 4 4 77 52% 12% 2 % Apr New Feb 4% Feb Feb 13% 'Apr 200 200 13% 1st pfd Nov - $2 Clock Lackawanna Lake 4—100 (N J) RR 7 A 1 : .5 Bryant 7% preferred—u—100 Wells Co common i,—_ 1 Lane Lane ■ Lefcourt preferred., Line Lit Brothers 5 May 9 Jan 1,000 2 July 3 Jan 100 2 Jun 100 100 Jan — 3% ■ '100 "•J' 6 Dec July 7 Nov 16 Oct 2 3A Mar 1% Jan 1% Jan 9% Mar 10% Jan 4% 4,400 33A May 5 4,100 A Jan ;'-ft. > 25% 1,300 20 July 27% Jan 5% 6% 1,050 5 Apr 6% Nov 17'A 18% 150 23 6 900 12 n% 11% ,—_5 ••7 % ft 22% 325 21%; Oct 1 143/4 Aug 26% Oct 13 23% Oct Sep Jun 2% Mar 3 % Apr 4% '43/8 4% 2,300 97% 10 93 Jan Ludwig Baumann & Co—■ Conv., 7 % Conv 7% Lynch .. 1st pfd v t Corp Power $6 N Y Founders c common— . 12 —100 100 5 10 ,-ft,7'- Y Mar 1st 5% 2d $5 optional warrants Stores— x Class convertible Manischewitz preferred— (The B) International Marconi munication Ltd.. Co ;2%" ~2% .. i ' Class A $6 B — 2% o — 1 B———4—* 77 1% Dredging..^..——, —* 7 ft-- 7;7 Mead Johnson ii Co —.—4,—_• 7;• '.7 Memphis Natural Gas common.——5 • 2%- McCord Radiator & Mfg 77 Stores common.. — ■•>/ — Merchants & Manufacturers clans A—1 Warrants 6%% *''■• preferred—x— 4 : - 21 r- ? 21 1,800 Michigan Steel Tube—— Middle States Petroleum class A v t Class B Corp 200 >8%. •' 6% : common—-—:—5 preferred..* • Jan 6% Ohio ft * ;' 3% .3,500; 6% Mid vale Co common —,*.\7 — .—50: y;. Co—————1—..10 Midwest Oil Piping Mining Corp of Canada Minnesota Mining & Mfg 7% Pwr & Light 6% ! — • — 50 $6 100 y? ;f .2.50 Utilities—. 43 . Ltd 1st pfd 7% ' 106% •v..: 7 ; 4% 7 1% Oct • 7 * 100 i/2 &.Tel__—• Co 100 Nachman-Springfilled Nov 15% common— Sep 41% Oct 1st pfd 6% 7% Nov t 4.; ^ v 164 4 Penn 166 Apr 3'% 1J Feb 3/s 50 Apr v 48 . May; Apr 1%. ■A 152.V Mar 103 15% May 21% Dec 21% Nov 52% Jan 43/4 i 723/4 series 4 Apr 102 Jan Apr 108 Jan 30 95 lOVs 10'% 600 6% 4% 900 1% Mar 16% 100 4 '/a 16% 11 Oct Mar 10% $6 Salt Penn Sugar Feb Penn 23/4 Feb 17% Nov 1,400 75 14 Jan 10 76 Sep 100 Jan 400 110 Feb 113% Nov Nov 109 Nov Mar 112 112 Va 1% Jun 2% 17% 91% 23/ 111 : 10913 — 105% 180 105% 105 100 91% Apr Sep 400 12 •i.-x' 40 110 110 110 >. 95 May ft"7 Feb , 4% •;'> Feb 8'% 17% Apr 110 17% Jan 98 5 xk May 17 Vb li! 110 91 ' Apr 48% 1 % Pepperell Perfect Feb 11 11% . Sep 4'% 3 Jun 4% Jun 200 1 % Jun 3 % Nov 29% 29% 800 24% 27 200 22% Mar 140 90 •' 26% 100-% 101% 76% 76% 10 76% Apr Apr 71% Aug July 9 Oct 8 31 Oct 27% Jan 101% Dec Feb 87 2% Aug 3 • Feb % 14 > r •; 4 3% 4% 11,000 3 13% 13% 50 10 ' 8% 400 • . 1 i"i • ■ — 3j,- v -•%" , 7_77v V-7 % 6 14 4% May 9% ' 15 ' 15 — 166% 8 8% Prop : • • - — preferred stamped 70 — common Packing Phoenix Securities > Conv $3 G% Oct 2% ? Jan Pierce , pfd Pitney-Bowes Pitts •c97/a Feb Aug Mines National Rubber Machinery Steel Car Ltd — Postage L & • National Sugar Refining * National Tea — — '• Apr Pittsburgh Pittsburgh Plate Inc 63/4 May 93/4 Oct % Oct Apr 20 Sep Powdrell Power & 153/8 Nov Premier Nov Prentice-Hall 1;% Jun 3 Jan Apr 95% Jan Apr 93 preferred..—_10 ; Mines.—. page 2025.- — 12.50 Jun 2% Oct 5% Jan 7% Jan 21;%'Apr 26% Nov 11 Jan 7% Mar 6% Nov w-ft ft ' Jan 10% 2%" . Jan 52 150 v7 50 36% Jan Mar 81 Jan 20 4'/a 4% 500 : 3 V2 Jan 734 8,400 3% Mar 43 % 950 31V2 Mar 600 8 Va Dec 8 * 1% 6'/a 600 % 5,600 5% 5 22 Feb 4 :7 7% fV Oct 4% Apr Oct 4% May Oct Nov 96'% Apr 42% 8 4 Va 52 May 3 Oct Oct Nov 32 4% Feb 73% Dec Oct 44 10'% July 1% 6Va Jan Dec Jan 43 37 / 46 42% 46% 11 82 7 82 42 Vz Nov 63% Feb Apr 12 Jan Feb 85 Nov 9 150 1,800 55 Va 7% — 2% 8 77 Feb 2 Oct 3% 400 7 Jun 8% Apr Apr 8'% Jun Va x2% 1,600 7% 2% ' 11% 79 580 Jun Apr U Jan 25c Ar 5 4 f— ~4 "4 Oct 200 1% Mar Gold 10% 100 9 2% 2% 700 2% May 7% Mar 12 4% 4 Vb 4% 100 3 Jan 4'% Feb Sep 2% Jan 2% • Mining— Metals of Corp 150 "3 1 Gas Service of 3,600 16 y* 1 % Jan Sep 20 n 16 100 2% 4% 200 Apr 4% Vb Jan 3 6 Vb Mar I Jan Nov 34 May "3%, 1 ^ 1 Feb Va Mar . 33 1 America of Nevada Feb Apr 5 Nov 7% Feb Colorado— 6% 1st preferred 7% 1st preferred Puget Sound Power & Light— $5 prior preferred $6 •» • common • • 19 Va % 1 Inc 19 • Public 4V'a • Co Prosperity Co class B Jan 1 % * National Transit— Jan 175% 10 common common & Lambert 45% 62% „ 100 Apr ■>29% jj" 7.50 Corp of Canada Pratt Jan 68% 1,500 Oct 200 8 Jan 105 55 "43/4 4% 43 1 Alexander Jun 20 - >7 125 300 7% 10 25 Glass Scale 39 450 7 Sep Oct Sep 13% 500 ' % 59% 25 22 4% 50 common Sugar Pressed ' ' Feb 50 96 6% Mining Co Producers 9% • 30'% 70 50 Metallurgical Jun Jan — 9%' 93% , — Meter RR E % 5 Jan —' Oct 7 1% 1 Ltd 68% 10% 23'4 Feb Nov Bess 10% 78 620 95 — * Pittsburgh & Lake Erie., A 12% 5% Apr 84% 2% 7;7; 21% 96 10 common Dec >: 8% July 78 78 v 1 common preferred series A Gold 8 84 ,;v " Oct 56 U Nov 25 • Co Governor 1,000 100 • 51 Va • Phila Electric Power 5% 3,100 2 Va 10'% Oct 153 153 • 8% 2% 84 • • ; 78, U. Providence National Refining common 74% 153 1 llf ' Apr "Pt Mar ..100 — Jan 3-: Oct Jan 5% • * common. Power Co Nov 53*»>- Nov 4'/a 2% 23 50 20 Co.. Mfg Co 9 %■' 8%". 2 Yb •■ Jan Nov Nov. Feb 100 ■- ' 30 32 3,400 — Oct May 7,300 10% * Mfg 12 18'% ;• • National Pwr & Light $6 pfd unstpd..* 3% 9% Sep 29% July 39 Light $7 preferred—* II43/4 ; * 3% 9% * Philadelphia Co Feb ift Jan 4,200 '.'ft'''• ___1 — 3%* r 1 Circle Co Polaris 1- 100 32 32 Oct 3 Va May Jan 24 • -25 A 7f% Jan __ 1.— 8 Oct Nov 5 Va Aug V/b May 8 Apr May ■ Oct Sep 2% ' 1 Pioneer May 200 > Oct Jan 111 11% Pharis Tire & Rubber July 99: 7r' Nov 2% 2% — preferred Water 5% A 20 •'.••9;/?May ,4 200 9%: " Oct 17% :i; — 1 preferred A,'7% Aug l's/« May >30 Nov 6'/a July 18% 9iy4 2% 10 & Power Penn July' > 150 . 110% Oct Jun 87 93% 10% — Airlines common.. Cent Dec Sep 15% >300 V- 12.' 110 x. — 5 •12- Dec Nov 4 723/4 ■ 4. Oct % a'a May 70 Corp Elec class A com... July 5% .18 2,200 Sep Jan Aug 5% Aug r Feb Jan • Petm Gas & Nov 82 Feb May Mar 25 , Jun 88 3 Va May _* .100 ... Co— preferred $2.80 "30% Mar 180 18 -18 50 (Del) see 2% Pennsylvania Edison Co $5 series pfd_* % May ••;■•'< " —; v w- National Mfg & Stores common, For footnotes 300 4,200 3 ye, i:,« Jan % 200 25 Pennroad Corp common 2% May Sep ifi, • NOV b .1 preferred 5y2% Jan 5'% May 15% Mar 25 Service Motors Pen $1.40 14 y2 May IK Aug . ♦ City Lines common. Tunnel & 14% Oct Nov 90 Jun Feb • common Parkersburg Rig & Reel—— Peninsular Telephone common.—. Jan 1% A'13,1 Aug !% May 600 ...• Candy Co National Fuel Gas National 3 - Apr 86 % 1 preferred Paramount Nov fi~4, 100 % ' National Breweries common National ft Nov 3% 50 Vi 1 preferred 1st Potrero $6 Jun 7Cl* % * Filters B_ Public Pneumatic Container — Pantcpcc Oil of Venezuela Am shs Va: Nov 9 y 3% Apr d. ; *. Jan 1,200 . 16% • National 2,300 %.A % _• Lighting $5 preferred Power & Light 7% pfd $1.30 Sep 4 N convertible Jan 1/128 Mar 8V* 100 9 8% ———50 & Elec 1st Plough $3 8% 5 Pleasant Valley Wine Co National Feb 53 5 87 87 87 .15 ... Can 5%% Jan id3/* Feb' 2% Muskogee Co common——.4..—. _f S;A 6% preferred .—100 National a'a 2% Mar 1,400 100 prior preferred Pacific Gas Jan May 30 300 6% >•4% 4.% .%,. Power, common.—, Hess 100 3 Feb 69'% • Feb Sep A'-A. Feb 32 100 5% 16%- 164 Mfg Co——x___* Bellas 2% Nov 1% % Mar 7" : A-4 Muskegon Piston Ring... National Oct 37 Sep 21% 160 Nov Oct Pacific lla 250 973', 6%- — 10 Producers-...^—....—_—10 Murray Ohio 37 32 —100 common Phillips States 1,475 29 .2% * 100 ;———100 100 Securities Overseas Pacific 200 47'% • 97," — : , Ward A * Light Heat- & Power———* ; States Tel 49% 32 Jan 7% Sep 49 Jan 102 Apr % 35 1 % • Natural Gas common Omar Inc 5% Mar 67 : Moody Investors partic pfd—— • yi . -Mtge Bank of Col Am slis— __x_—,<.4— t,' Mountain City Copper common.4—i_5g :.>;;v4l%. Mountain 19 y2 13,400 25 common preferred Service Oliver United Mar Nov Jan x5% May 13% Aug 200 6% 5%, Montgomery Mountain 130 1% 4 B preferred Jan 4 24; 4. —.1 .Ah 43A Lr—— Monogram Pictures common———1 >,•;•— Monroe Loan Society A._—...——.1^ Mountain Jan 25J4 Apr 6'% July 46 • class Co conv 77 l£3/4 Y-:• — Jud Voehringer common Montreal Jan 91% Nov 94 100 34 % 1% 100 10 Corp $5% 2% July . 200 , "*2;v. :~2.ftft Molybdenum Corp—— Monarch Machine Tool Montana. Dakota 15 100 pfd_100 ... $3, preferred 32 ,v Jun 8 ' 4. pfd.—100 Mississippi River Power 6% pfd Missouri Public Service common— Mock 400 7% * 5 50 — Penn Minnesota 16 101% 7% 50 Securities Pipe Line.— States Power class A Oilstocks Pacific : 1. Refineries Mid-West __ * Ai'W- Supply..—• & May 300 Apr :% May .15%: 15% 7: 25%, 27% 4. 26% ——; Abrasive—xx— Midwest 81% May 74 1 $2 non-cum dividend shares Mid-West 100 50 30 21 Va 1st preferred. Parker Midland Steel Products— Feb Nov 99% 21 Va Ohio Public 8'/4'Feb ,■7/7 Midland Oil Corp $2 conv Feb 12 90 * preferred called 4%% preferred 'of... ; 23/+ Jan 89 ' Feb 2 Jan 4% 1.100 '■ ,4Va * > 18 99 997/B * class A— Power 2% Jun \Va Mar asj- 17% * Ohio Oil 6% 1% July Oct 7 7:7/10077 ■ ■' ■' : 115 y 6% 6% 4%.- % 7 7 7% 100; ,200 ; • 4 % '/a Jan Sep ■f. 3% Apr 4% 6%. / :>■ ' ;7 % ;" ■' 'i-t* crl- 1% ■Va 260 e Jan 11 V« July 250 Edison Pacific 4-.'w Apr Oct Oct O A'-A "'- S9% July 3%. Apr 1% 100 64 preferred.... Oklahoma Jan z . 600 ft &. '•? '■ —.1 t C— v West >'• w 2,500 % 3%. ..u : —10 Corp...j—.1 Preferred Micromatic Hone *. - Jan 3 % 61% Public Service 6% Brass Mar 29 Nov ■ 26• ::7 —7 ". f —*—i *. 1% /ft. •— 2.50 1 1 ,1'A ' Michigan Sugar Co ,u 94' 1.1 in. \ .1 — 1% 61% RR Co Ohio Jun 37/a >A Mar — Corp..—i__25c Participating preferred. 15 / Metropolitan Edison $6 preferred,;.—_• Michigan Bumper Corp... 1 21 •:V 3% Sep v 800 1,200 VB Penn 7% Jan 3% Oct 21% '. 5 126 Mar 2 ' - 4%i Oct Aug 18 Nov 9 Feb 2 V v 50 ; • 3% . Apr v 90 190 2% preferred—————100 ■" A Textile Middle 2% ■ 1% • Vb common Ohio i reb :.V 6%' iii%'li8 'i; Jan Apr 75/a 1 5 Ogden Corp common " 2% May >;'7 ;. 68'/a Jan — Messabi Iron Co.—4———-—1 Metal 7.' 50 1 % Jan Va 300 1% — _—A — ^ 3% Apr /»» Vf:V. >: 1 *> 7v;~~/ft* Scott...—4: J-% • V4'-;-4 IVi ■■■' -- 300 Oct 2% May 200 . I'AiA : '&■ .?< ft*/ *•' 2% - |T-v/> 57% • Nov 8% * . Nov 17 100 Central Texas Oil Northern 2 13 23/4 1 prior preferred American Utility Northern 11 Jan 4% 10% Mar 1% —* American Rayon Jan Sep Apr 200 1/0 preferred Sep -Jan 1 3 1013/4 Apr 200 Light & Power common..1 Amer North Oct 8% 80 4% x55 57% 5 Electric——— Noma North 27 Oct Aug 130 256 Mar Mines——— Nor Indiana 55 July 8% Sep . 7 Va 87 4 10 —100 100 Hundred Corp B—— Nineteen Nipissing Novadel-Agene McWilliams & ; A 24 * Massey Harris common— Chapman '• • 100 26% Jan xl2% xl2% 100 pfd preferred..— 3% Oct 30 Va 15 Niles-Bement-Pond 1 7 Jan jun 1 % Mar At 50 > "V. : Merritt % ■ ——— —.— Steam Shovel— Participating -7."'. ; ;26% . - '•■••>;• Com¬ Mass Utilities Association v t c Mercantile 100 7 V M' \.V * J—_♦ Marine Margay Oil Corp Marion r Co——— Mfg Co. Consolidated Mapes ; •• Apr warrants optional warrants B North 7^- 1 * — 19 Va 101 Niagara Share class B common 6% Mangel 1,075 optional A Northern ManatI Sugar 25% 7y« Aug 5 preferred preferred Class Class M Jan -1 6% Service Water 5% Oct 23 Jan 1% $5.10 pfd.100 Niagara Hudson Power common Nov 12% Mar 16% — 13 Sep , Apr 10 shares— Y State Electric & Gas ; Oct % 85% 10 New York Transit Co— N Oct 1% 25% 25% preferred—100 * Light 7% & preferred Oct 9 Feb 1% ; 4% Apr Shipbuilding Corp— North 1st pfd— Aug Mar 25 * common—— Merchandise Oct 102 May Co Honduras Rosario, & Y N Jan 8% Apr 1% '97% Exploration .1 & Light $6 pfd—_—* 14 Jun % May 200 2 J-" 1% Ai 4% .. & Y Feb 57/e ,7.200 i ; ; . — Y N Aug 1,100 ft r 1 11 1,400 i'r 7 „ ? 7 ('o preferred class A—; ...100 6 r'o preferred class B—_ 100 Loudon Packing 1——. • 6% 19%. 1934 • 19 .% Mar — Long Island Lighting common.... N Nov Apr 13% 84 City Omnibus warrants N A Nov Feb Aug J/4 1 Land— Arizona & Auction Y Feb Vb ;7. Mexico Y N 113 1 25 N Sep 6 V2 May • Nov 2 • New % Aug 102% 10 11 2V4 * Co.. common., New Jersey Zinc . > * - 102 Apr . — 5 • 3% 7 5% May 500 6% x3% Lone Star Gas Corp.—— Louisiana Power . 13% — , ; 100' 25 ''' ,• ft: _1 25 % common..: Land 2,400 2% 3% Inc 6% preferred—25 Locke Steel Chain Louisiana 8 „ (R G) Inc.— Material Co.— Lipton (Thos J) 18 2%. 6% * Lehigh Coal & Navigation Leonard Oil Development—S-A Le Tourneau 17% "•'7% 1 Realty common Convertible ; —7 Langeudorf United Bakeries class A__* Class B ; —, * -7 43% Mar Oct 73% 2% — —i Mines Ltd.^ Shore Lakey Foundry & Machine.—— Lamson Corp of Delaware.—— -17 105 Feb Aug 84 .100 Tel & Tel England Haven New Idea Inc 105 * — High Va 9% • 100 Power Associates New Low 400 % -* class A Co preferred preferred New 120 : Corp (Herman) England 6% Range Since January 1 High 5a 100 * —5 * preferred 10% v' Jun 50 ; . Co Nestle Le Mur -10 7',—v.;777 V —17?.;' — Co.—: Brewing Navarro Oct Jan Low * Apr 8% -81 250 90 % 13% special preferred H) Kreugcr Oil 12'A 7>7 Kresge Dept Stores— ' ' ;,f ■" \CA convertible 1st preferred——100717 — , 90 v V __ Shares 30c Radio Union Jan V 7% Oct A ■ —100 • A:-' '1 preferred,,. National Sep 2 100 Inc.;.—i——* Stores Hoppers Co 6% % Mar 9 % 100 10% 10% » for Week Par 7% • (D I Dec. High A Sep 1,000 — Klein Sales Range of Prices Friday Exchange Curb Ended Week ; Range Since January 1 High -- York New 1 -1 Kirkland Lake G M Co Ltd Week's Last Sale Price STOCKS Weeks Friday STOCKS York New 2023 CHRONICLE THE COMMERCIAL & FINANCIAL Number 4131 Volume 156 preferred Puget Nov Sound Pulp & Timber Pyle-National Co common Jan Pvrene Manufacturing * 103% * 45% • 109 Feb Apr 111 Mar 96% 100 103% 104 Va 225 87 Mar 108'.'2 Oct 46 % 700 35 Jan 52'% Feb 200 6 % Dec 16% Jan 8 Va May 45% 6 Va 6 3/8 5 10 Apr 106 100 ; ~6% "7 200 6Va July 8'% May 7 % Nov THE COMMERCIAL & FINANCIAL CHRONICLE 2024 Week's Sales Range for Week Shares Last Exchange Curb Ended Week of Prices Friday STOCKS York New Sale Price 4 Dec, Low Par STOCKS New Range Since January 1 High 6'i'o 72 '/2 preferred Power Co.—,; 72% 40 56 Apr 146% 146% .100 ... 40 139 May • . 8% Curb Friday Dec. 4 (S) budivan Jan 10% Sun Oct Sunray Co Macnmery Oil Co R Swan % 13 13 11% 1 ; High 12 Apr % Aug 14V2 Nov 9'% Apr 14 Sep 300 1% "l% 1% Dec Sy4 100 1 ... 500 26 Nov 9% Jan 2% Sep 1% May 39!/a Jun preferred——50 45 Va Feb Apr 50 Nov * 10% Feb 11 Feb .15 (Calif). Oil Low A 6% * 7% Jan __25 com Corp 47% 45% 47% 1,600 ' 8% Nov Oct 8% Finch Range Since January 1 % — ! —— convertible , High & ... Oil 5%% Nov A May )>• Shares Low »- Superior Port Cement class B 5,500 for Week 5 Corp Ray Drug Co Superior Radio-Keith-Orpheum option warrants. Sales Range of Prices Par (Hugo) Nov 73% 150 Apr Week's Last Sale Price Exchange Ended High Low Stroock Quaker Oats common York Week Stinnes Quebec Monday, December 7, 1942 Railway & Light Securities Voting common 7% 10 : 7% Rath Raymond Concrete Pile common Raytheon Rod Manufacturing & Rheem Rice Goods Dry Corp Petroleum Texas 9% 10 y8 9% ; 6 6 85% 'l 1% Jan Thew 20 % Dec % July 14% Apr 2% 3l2 Apr ya Nov Jan 11% Nov Tobacco & 5% Jan Tobacco 11% x6% ya 50 77 % 95 May 7% — Amer Todd Jan 2 100 ; - Apr 350 J 13% Oct 2% Feb 3% — - —_—,.— —2% ... Ryan , •• • Y-', ' .. 3% 3% 3% 3% i 3 % • " il+i ' ■ —- Jun — - 53 " V; 300, 200 ?; Feb Edison Class St Corp Ltd % % iV ; $2 A Salt Oil Dome ——Y—5 ————-100 Co„—: Samson United Sanford Mills. ■■ Savoy Oil Co.. Co common (D A) Electric Lace Scranton $6 119 120 100 21a 2% May % % 105 Tubize Chatillon Jan 100 Class 80c ; 10% A A 24% preferred 25% % Steel Co 26% Securities Corp General Inc— Sep Nov ' Lock Segal Seiberling Rubber common Selby Shoe Co 44 ' 6% 6% ; convertible Inc 100 20% Convertible stock Mar 113% pet 19 69 Jan 300 1 Y 28% 600 % Mar 1 26l2 July 36 4% 4% 500 2% Mar 5% A 3T2 1,000 8V2 'A . 12 Jan A Jan 3% 3% 1,150 1 Mar 48% 49% 250 38 Mining— Sherwin-Williams 5% Co 5 % 5% 2% 2 —5 A 900 4% 38 —.25 Canada 77 75 4% 100 4 Va * 9 300 4% Feb 2% 1,100 2 77 v; 9% 10 600 170 Solar Aircraft Solar Manufacturing Co — , Feb 59% May 50 75 4 Dec Jan 12% South Penn Southwest Southern 5% 115 Jun 9% Sep Jan 11 Aug 17% 8% May Apr 170 2% 2% "% 170 93 ~~2 2 300 Oct 2% Dec , Nov iy2 Nov 814 Jun 3 v Apr 2la Nov Nov 2 2 200 1% Apr 2% Nov 1% 1% 1% 400 1% Sep 2% Apr 3% 200 l7/a Jun 2,200 27% Apr 39 Dec 25 Jan 27 Mar 3% f'26 26 40 39% 40 29 ~~yB — class 93 2 < ■it5o- Edison— Power Nov Mar Jan preferred B ——25 preferred series C— 25 7 % 182% 814 39 Colorado Apr Feb 90 : 70 29 200 A—25 " s/u 100 3% 30% Mar Oct Southern 29% Feb 1% 8% Spalding (AG) 1st preferred 6% 6% 42 Mar 122 Feb & Bros __ Stahl-Meyer Standard Inc. ... Brewing 1% 22 1% 22% (Ohioi—5% Power & 2% 1% 400 1% 1 12 12' 11% —10 12 100 12 % 10% ■ ■ Iff- Tube class B_ Stein (A) % Feb 1% Nov 5% 1st preferred 2d preferred (J B) Co For footnotes 1 page 6% 7% 1 1 "% 2% 2% 275 20% 19 % 19% 100 10 la 1,400 Oct 23 Jan Oct Sep Apr May 27% Nov 72% Mar 85 1% July ...100 244 25c Va % ..10 Jun 2% 250 Aug 61% 61% —1 62% A 1% Sep 50% Mar 62% 38 1,175 43% 43% 250 4 1 U S $5 U Securities.. 45% Aug preferred with warrants.. 1st S Lines Inc common 4% 300 2% 1,200 2% Nov 3% Jan 200 6% Jan 8% Apr % a 2,800 33 Sep A Nov 61% Nov Rubber ■a Reclaiming ... convertible preferred $7 Wall Paper.. Consolidated Universal Cooler class A Class Oil Universal Pictures Radio % 50c a it 2,100 a : — —.1 Light $7 preferred Products Equities , stock Jan Nov 4% Jan 12% 1,400 % July Feb 20% Nov a Apr % Jan a Oct 1% Oct Nov 8 Nov 1% Jan 3% Oct % 7% 7% 300 7% Jan Va Oct 8% 5 la May Jan 14 29% 29 • 14% 14% 5 Sep 26 Feb 30 Nov 250 25 Mar ' 300 10 Jan 15% 2% 200 Jun 3% 46% 25 29% • 15 2%- • 46% 2% 41 1 1 Nov 1% 8 62 Apr 1% Mar 10c common priority 1 9 30 Aug 400 1% :/ 1 % Jan 1% May Va Apr ■ 1 common— Sugar— Utah Power & $5,50 % May U 8 Products Co Utility 200 • voting trust ctfs— Universal Utah 1% —* Insurance Utah-Idaho 4% Apr 27% Mar 100 Co.—,,—10 B_ Universal Corp Universal 43 100 . 50c 2 ... Universal Va 7 Apr - 150 8% 28 1 1 la : 55% - 8% 28 3% * United Stores common—.—. United 55 55% ...1 Oct 7% '• -10 U S Stores common 1st • $1.50 conv preferred. ..20 U S Radiator S preferred Jan 2% • —- 4 May - Apr 7% 2% mm' • and International U S Plywood U common— Sep Mar Va Mar 100 L'.; ' , 6 common.. -25 Iff Yff 200 43% 43% 125 iV 43% Valspar Corp $4 Jan 1 common convertible preferred iff 1 Virginia Public Service 7% Vogt Manufacturing pfd 100 Oct Jan Jan 1 % Mar Jan aa % Oct 33% Mar 47 Nov :: Co • class A Jan Jan Wayne Wentworth 5 manufacturing 1.25 8% 500 Y w Air Lines Western Grocer Va Coal Coke & Apr Nov Va Sep 22% Nov Apr 90% Jan 9% Nov Inc 1 Co— 100 20 Westmoreland Coal.,. Westmoreland Inc : 7% % 3% Nov Feb 7% 50 % - Apr 10% Williams Oil-O-Matic 2 Aug Oct 35% Mar Oct 8 Apr Wolverine 4% Feb 7% Oct _lo ~2% 13 Jan 1% Nov % Apr 1 Jan Jun 3ya Jan Wisconsin HeatingL: Inc Co Power & Light 7% Portland Cement Woolworth American (F W) Feb A 100 9 "2% "2% . ; 5% x4 100 July A Nov Va Jan, 13% 3% Feb Oct Jan 2% Jan Jun 100% Nov 2% Jan 4% Nov 2:, Mar 5% Nov 8% Oct 8% Oct 86 — X4 5 May 1% Jan Nov Mar 8 % Feb Va May 10% __ ' '• 500 5% ." 2,800 ' ; — — - 75 61% May —— 19% M, 19% 12% 13 -P Oct 15 % Aug Mar,, 12% 5% \ — 200 '— : _• , 13% Mar Nov Oct 6 Nov 5% July 5% Sep 6 Va Jan 8% Nov 1 Jun 6% pfd—100 Aug 8% ,_~i ~~iq Jan . 2% Jan 12% Jan 9% Nov Nov Mar 110 3 Jun 4 Jan 4 Feb 5 July 3% Apr 6% Nov 1% Mar 2 % Jan 94 10 444 200 Bs « 12 100 25 5% July 5% Ltd— deposit receipts Wright Hargreaves Ltd— 16% May 100 ■ : _u—• Woodley Petroleum Products Wilson-Jones 6 Va 81 1 % Mar 1 ... Co 9% Aug 3% Jan Willson 6 : 5% Apr 100 % — 10 & Jun Mar ■p.— . C) ■ ' Corp (R - 5 . __20 Mfg Williams • 79 - - Western Maryland Ry 7% 1st pfd—100 Western Tablet & Stationery com _* Weyenberg Shoe v. — A Mar 46 Oct Aug .>•: Oct ya May 19% Jan Jan Y,/;,. 4% • 5 Western Feb Apr 5Va 7% Mar 130 1 Jan 8 17% Apr 41% 45% • • 14% 2 15 Apr 3% 43 4% 1 Wellington Oil Co 2 6% Apr 13 900 / 7% ... Mining Co Knitting Mills 110% May % *1 8 43 v-Y'. Aircraft Jan % f Jan 14 Jan 4% Mar 2 "43/4 ~4% A Nov 3% 600 ' "4% • Apr i3« A 5 Petroleum • A Aug 200 ....• 2025. ""% Oct Va Mar regis Feb 32 •700 500 a : • . 7 6% Jan 2,300 Oct Jan Jan y4 1% 126% Apr ala Ltd— West Jan 100 A' Jan 97% 1,500 21 preferred Canal Co— 31 2% Feb 9% Oct Va Mar —* - West Texas Utility $6 preferred 13% 20 common see 2% Jun 83% "a Sep 400 50 Nov Jan • Jan Mar —50 — Sterling Aluminum Products Sterling Brewers Inc.. Sterling Inc Stetson % ~9 % 1,250 117% 100 12 % 10% Mav 46 9 1 Sterchi Bros Stores 6% % • Jun Mi Wagner Baking voting trust ctfs ext..• 7% preferred 100 as :—.—* & Co common.: pfd Waco lVa Sep (The) Corp voting trust ctfs__1 Steel Co of Canada 7% Sep : Starrett Co Oct 5,200 1 Feb 57% 1/64 7,100 % 116 dV ...5 Graphite Jan Jun ■ United Specialties common S Foil Co class B— S Apr 77a 15 % May 500 % 117% Oct Apr 12 21% 2% Mar 7 —— 1% 97/a 200 "Iff 3/64 31 Jan ' Jan A Jun A 21 Jun 6,400 • 6% 1% Aug A 5 ""fit "\k Dec 7% Jan Feb 11 Jan 1% Aug 57% ... .... Class B A 800 100 12% 12% —10c U Walker 1 ff ' 12% 3 5 Dec 5% • U Waitt & Bond 10 1 • , Dec, 103 —1 3% 2 -25 2% 25 —* 2 3»/a common.. & Wichita River Oil Standard Yl 1% Nov 1% July 700 1% • Machinery 1% May 1,300 Spring 1,100 6 1% 1 preferred Shoe Nov 2,800 * Steel Oct 5% common Preferred NOV 110% 110% Co 7% Oct ' 200 Sharing.. afa 1 Standard Silver Lead 4% July 400 Co RR J 23% Va 100 — 300 1% Elec Profit May pfd—100 Light Products 10 - 10% 20 Dec 3% dep rets ord 1/64 Jan 1,200 10% Preferred Standard 2% 50 Common class B Standard 2% 1% ... Standard Oil 20 1% $1.60 convertible preferred—.. Standard Oil (Ky) Oct 2 1% Jan % 1,400 .—_—10 preferred 2% 29 ' 1 Standard Dredging Corp common Standard 7% Mar —2.78 Co Standard Cap & Seal common.. Convertible Jun 5 300 • * 6'/a 1 Aug 23'% May Spanish & General Corp— Amer dep rets ord regis—— Spencer Shoe Corp Sep 6 100 * -25 5 1 * preferred A ——, Royalty Co———- 39 Aug Oct Nov May 5 10 Southland 5 Mar 1 Nov 105 Co—i.——10 Southern Union Gas Jun 29 3% Co Products... Molasses Venezuelan Phosphate Pipe Line % Jun 27% Nov % 36% Southern Southern :' Oct A Nov 7 Jan 23% Mir preferred — ..100 New England Telephone..100 42 24% Mar 5%% Southern 2 1% 10 Pipe Line———_—,,10 Pa Dec 130 200 93 37 — California % 400 40 2% Apr — original preferred————25 6% ""% ——25 Oil 6 Apr 250 Milk Products N Nov :'78% July Jan 6% Nov 15% 1 1 Sonotone Corp.———.———1 Soss Manufacturing common—1 South Coast Corp common———.1 Co 1% July Nov 3 ••• Jan Jun 600 10 participating United 4% May V-5% Sep 110 convertible preferred ———* Simplicity Pattern common——1 Singer Manufacturing Co ——.100 Singer Manufacturing Co Ltd— Amer dep rets ord regis. £1 Sioux City Gas & Elec 1%' pfd——100 Smith (H) Paper Mills * 33 1,400 V 6% 2 6%- % Apr' ' Simmons-Boardman Publications— $3 38% 1 preferred 1st United Nov A May. 5% , 112% 112% 9 51 & United Nov 51■ Nov Apr 9% * common "4 % 10c warrants. Gas Amer Nov 5 r Apr ya —• common of 100 A pfd series AAA.——.100 cum Sherwin-Williams Silex * 49% "A —1 —, Water & Power Shawinigan 49 $6 $3 Sep % , 'Apr —... ~3% .1% participating pfd Cigar-Whelan Stores. United Oct 3% Denn "4% & cum United Jan; 49% Serrick Corp class B 3,700 Jan 111' 3% May 1,000 - % Jan x1031 y2 Mar 500- Canada.... Chemicals ? Jan y2 5 Shattuck 5% ' Corp of Mar 9% Sep $5.50 prior stock————.25 Allotment certificates Seton Leather common 4% ' % , % - 6% United Light & Power common A Common class B Dec 100 28% 6% A Apr 1 1 200 — Aircraft United Aug July 29 1,800 Sentry Safety Control % 1 5% V .... Gas Option Oct A . 1 United Gas Corp common.. 1 1st $7 preferred non-voting—* Oct % 1 % ... United Corp warrants. United Elastic Corp Nov 27 1 common 95 Mar preferred—— Realization United % Nov Jan May — Selected Industries Mar Apr 4% Aug 54%" Dec 80 Jan Jan 3% . 59 37% Corp.. Investment S3 Jan 6% ;%:L. '■ * — % 49 Oct 95 A United Apr ——* -* Hardware. & 42 % 12 A Feb 19 % 600 15% 44 i_--l' — ——— Apr 8b ..10 . Union Nov Apr 111 common———* Seeman Bros Nov .100 Manufacturing Nov 1,000 ; —* — — Scullin A 2 ..... United Jan 9% 500 —V-—-* common., Feb .100 warrants—... Union Jan 3% 8 Va 25 Spring Brook Water Service— preferred— * 5% 4% Aug 54% Unexcelled Nov Scranton $6 100 Oct Nov Aug " 17% U 8% May 2% 121% % 9% ■ 25 preferred 900 a Dec Jun 40% Tung-Sol Lamp Works Sep Sep 19 1 . 3 Feb 1% July % Feb 600 % * preferred 700 "2% "2% Inc.. Oct % 1% Aug 7,600 5 — Manufacturing——: Scranton 1% * :—- common Convertible Scovill 119 1 ——— 4% a ;'/■ 4 Apr 3% Nov Sep 8 V2 1% 1 '/a, 1 — Corp common.. Schiff Schulte % pref—————50 conv Regis Paper common 7% preferred— 14 1 Feb •% July 1,600 * — 650 1 Ulen Lawrence 17% - . Tri-Continental ii 16 y8 Exports Udylite Corp St 5 Nov 101 2% Mar Stocks 6% Trunz 3% Jun 400 1 preferred Jan 5% 86 3% Trans Lux Corp ; Transwestern Oil Co.. Jan 3% Mar V 10 ' 87% ' '■ ■ 15 * 101 3% Mar 20 ' I—11 Ryerson & Haynes common. r *.«• ■ i. -r 1 Aeronautical Co Consolidated Petroleum... Ryan ; Jun 6% July 3ya Tonopah Mining of Nevada- ' ' Royalite Oil Co Ltd Russeks Fifth Ave...— Jan 16'% dep rets ord regis Jan 2% 15 Jun 1 % ... /, 9% May 36% Mar 4*-.*' - 52% 4% Jun 1% 2,000 ,: 9% 2% 600 1,500 101 101 Shipyards Corp.^ 7% Jan 12% Mar Apr 6,600 7% Realty & Construction. Allied 3% 18% 7% * Tobacco Security Trust Co Ltd— Oct Jan July Jan 10% May ' 51% 1 2%: 17% ., 7% ..2 .... — Product Va Mar I——* I—lOO common Roofing Inc Toledo 2% Co 3% 17% pfd—. & Land Co 9% 200 2% Light 7% Tishman Dec '-4 2% '• ' ■ Tilo Power & Shovel 1 common..'...... 2% May - 2% 2% 20 , &'/4 Jun «' —— 1 - Texon Oil 9'/a " *1^ " 5 - Oct 300 85% —— III—5 preferred—._ 3% 4,900 is A . . Co 51% 200 n A Technicolor Inc Oct 100 6 13 Oct Apr Apr 1% Aug 3.600 Typewriter Royal 16% 100 3% • common $1.20 convertible .-il10% 100 pfd D_ Roosevelt Field Inc Root ;il> 10% 1 Roeser & Pendleton Inc Cable Sep 12% July 400 . . ,3 la 1 Rochester Gas & Elec 6% 20% . 3% * Radiator Rio Grande Valley Gas Co v t c Rome 41% 100 10% 5 ' 1 ————1 Manufacturing Co Stix 20 50c Engineering— Aviation Richmond ~2% ~2% Taggart Corp common Tampa Electric Co common.. % Dec 50 12% Apr A Jan 38 45 * Corp Republic 4 50 1 Roller Bit Co.——— Reliance Electric 12% common—50c ; Reiter Foster Oil 100 39 —* Bank Oil Co Reed 12% • $3 convertible preferred 25 'A 38 :—10 Packing Co, common—, 7% % Railway & Utility Investment A——1 1% ~1% 2 % 5,800 NEW YORK CURB EXCHANGE BONDS BONDS Interest 4 Dec. Last Period Exchange Ended Week • Curb York New Sale Price or Gas & Electric 23/4S f f J-J -I960 J-J 105% 106'% 107% 107% Writing Amer deb Lt & 6s Paper Elec Appalachian >>. 3 Vi*s—— -1970 Pow Lt & Pr r.( 104 N 79% 1 '?• 'vi 45% J-J - ? .,44% 45% 64 38 47% 12% y..' '? 1st mtge Atlanta 7% 14% 54 7% 14% A-0 12 'A 11% 12% 36 7% F-A 11%'/ 11% 12 2 7% 14% Pacific M-N 71% 73 73 Park Lexington : / . 55% 16 , $107% 109 >_:; V;r v: ; $987/a J-D 1947 44 114'A 114'A 2 M-S 1957 J-D 1960 M-N 1998 Q-F 1968 M-S 104 103% 104 1970 J-D 101'/a 100'A 101'A 1954 M-S 1953 M-N 1964 J-D 1948 1954 J-J 11 10% 11 M-S 10%' 10'A ll'/a 1953 J-J 1927 1952 F-A 1955 C '. series 1st 6s —_ Birmingham Electric 4Vis 2 Vis Edison Boston Broad River Power 5s A-O 114'A ; 11A 111 Central El (^Central A5Vis 5s_>> Power Gas 3%s & Elec States 5s»» ; . States P & L 5%s_. Central ctfs Rys 5s §AChicago Cincinnati St Ry 5Vis A • series 6s deb Conv . B Service Cities 5s— ; 5s Cities P Service 104 4 101 11 79 86'A 10 101 1051/* Pr 4 1962 Light Coke 1955 1964 13% 94 100'A 32 40 59% 98 102 Vi 104 1 100'A 100'A 100'A Consolidated (Bait Gas >; 4Vis B__ (Can) 1st 177 69% 69'A & 72 85 62'A 96'A 64 96'A 85'A 121 86'A 35 .1944 1944 J-D .1955 1955 M-S 108'A 110% 104% 107% Ak, 22 99% 103% 121 1 & Light 5s Elmira Water Lt & RR 5s f: $ .2030 2030 .1956 1956 123% 1952 105 89'A 119 3 68% 1st .1961 — .</ J-D Florida Pow & Lt 5s— .1954 1954 J-J 47 25 106'/8 102'A 5 103% 104%, 104% General 33As Power Pub 1969 1953 1948 1978 .1965 A 5s Serv 37 102% 104"% Rayon 6s A AGeneral Georgia Power & Light 5s Coal Alden Glen 4s A——1941 §AGobel (Adolf) 4Vis ser Grand Trunk West 4s—. 1950 1950 1963 5s stpd Nor Power Great Pow 33A Green Mountain 1945 Grocery Store Products ,>1958 West 6s & Guantanamo 5s-—.-*—--1948 S A Guardian Investors 86% 90 M-S 60 87% 90 J-D 92 98 $— 1 ■ J-D 91% J-J I*// 50 89% 90 A F-A 78 J-D $43% J-J 90 A-0 Jan 1949 B_„ series 111 33As Power Pwr series B__ 1st & ref 5'As 1st 8 f 6s ser A 1st Lt & !c ref 5s series C deb 5Vis Hydro-Elec 5s» Indiana Service 5s 1st lien & ref 5s Alndianapolis Gas 5s A Indianapolis P & L 3'As Indiana (International . ZZZZ1.A 39 47 14% 9 81% 19% 1967 1953 1954 1956 May 1957 1958 1950 1963 1952 1970 1 109% 111% 83 A94% 94'A 94% 1 3 Altalian 1957 1952 1958 4Vis Light & Power 28 Kansas 3 93% 105% Kansas Vis Light 3'As Superior Dist Pow 3 Vis Louisiana Pow & Lt 5s Lake McCord 6s Co Midland .. Valley 77% 77% 77% F-A < M-N 71% 16 73 77% 77% 5 71'A 79 $114% 115% 106% 107 94% New 4Vis Elec Z:Z- 1 5 21 >- 19 20 3 5 /: 19 .9 5% 5% 5 -Z'Z. "-Z'ZvV'i-j-K J-j 74% J-J 36 74% 35% 36% 74 76% 22 $19 M-S , / ,.15 •'Wi'ji:•> ' 65 31% 106 6% 21 22 38 107 107'A 7 105 M-S J-D $122 'ZZZ $107% 113 M-S 124 A/ New New 112% 112% 110 fz", 7 106% 106'A : 2 110 J-D 109% 110 ■''«* M-N 101'A 89% 100 101'A 109 'A 3 — England Power 3'As England Power Assn 5s__ Public 108 Va 100 103% J-J $103'A 104 J-J $103% 105 M-S 102% 105% 102'A 102% 102% 99'A 104 17 106'A 16 103'A 106'A 103% 103% 10 98'A 103% 54'A 30 106 103% 53 54 50'/a 60 103% 107% 107'A 107'A M-S 88 96 'A $95 58% 58% 58% 18 42% 61 65% 64% 65% 33 49 76% 64% 27 49 76 V4 15 49 77 J-D 65 'A 64'A 65% 37 49% 76% F-A 65'A 64% 65% 45 49 76% F-A z 65%: 64% 65% 24 50 76% A-O 22 22% 17% 25 12% 16 v'.''>_ .Z • . * 2 < Z.Z._ <,, $12 > 16 Z- . . 105% J-J 1960 1956 2022 1979 —1968 5s $12 A-0 —1946 M-N J-J Z '!• 11 z 111% lll'A 97% 97% 85 V4 84 Co— 1959 (Delaware) 5'As_1952 United Light & Railways (Maine)- 6s series A >: —1952 F-A 4s & Power $106 A-O & cons 5'As Lt & Rys 96% z ; 97% 69'A 50 Zz'Z 2 Z' _> 97% 39; Z,Z' 108% 88'A lll'A 114% zz 106 'A 118 86% 101 106 14 112% 112% J-D J N 107 6 85%";;< 13 107% 106% 108'A : 1 ■ 97'A 107% 108 J-D 105 37 107% 1073a 107% J-J 1952 10% 18 105'A 105% '' F-A 1949 Light • " J-J >>—1946 3'As Electric 1st lien 106 M-N ->1950 5s„ Power Utah Power & Light A-O 103% 107% t" " gen 1944 —2022 ,ZZ; F-A .1954 4'As series A 6s -- M-S J-D J-D $96 95% z. M-N Waldorf-Astoria Hotel—- 117 82'A 100% 115% 118 Va 6 95% 92% 100 96% 95% "5 83% 99 ' debs income A5s 117 Co— .1964 & lien Debenture West 6s Traction Penn 4% 10 101 'A 101'A 3 107% 108% 9 4 % V?'' 2% 73 109'A 109'A 4 5% 108'A 110% $110% .1960 5s '■ A-O vZ';vz z' J-D Newspaper Union— 107 109'A 74% J-D 75 • 68 3 74% 75 6 74% J-D 84% 68 68 99% 108% 107% 117 : Zv-'ZB'ZZ 84 F-A unstamped extended to 1959. 52 4-0 75 69 - 56 88 74 71% 82'A 71 81'A M-S J-D 104% 105 J-D 107 105% 105% 105% M-N — 98 F-A 112% 90 Agricultural Danzig 109% 64% 96% A-O J-J M-S Port AExternal ALima 48 J-D M-N M-N 96'/a 97 48 ■ 107'A & Waterways— 6'As stamped AMaranho (Peru) 7s AMedellin 25 5 48 70 47% 48 22 47 48'A 16 113 A Rio of de Oct 112% 114 42 42 60 ♦3 107% 108 2 106 Janeiro 7s 6'As Government ♦ r No Cash B. 62% t Friday's 63 108% A-O 78 78 78 27 65% A-0 J-J $43 83% 83'/a 83 7A 44 67'A 87% 1949 J-D 103 2 48% 1 $40 F-A 6'As 15'A $28% 34% $28'A 32 1931 1972 J-D 18'A 1958 1959 1919 M-S J-J 15'A ■ 13% 17% 15% 25'A 28'A 25 V4 28'A 13% 2 18'A 18 45 6 ■ 15 20'A 10 Va 16% ' «.*» 20'A 16 'A 13 9% . Z;.:, 18'A 20 % ' 3 2% 16'A 6 2'A 16'A J-D ■ 2 $35 J-D J-J 48 6 19 19% 15'/a M-N J-D 50 20'A __ $17% 1951 1947 11'A 15 'A 25 48 $5 J-J M-S 41 9% 10 48% M-N 15'A 44 25 45 15 J-D High 25 $43 3'A 519 1 3% 2% 3 111 1 3 x a Deferred delivery sale, d Ex-interest, e Odd-lot sale. y Cash sale not included in year's range, Easy Ex-dividend, 101% 106 11 Under-the-rule sale, Washing Machine class June 26 at 2%. Bonds bid being § Reported in and asked traded prices; no sales being transacted during current Abbreviations week. flat. receivership. 85 J-D A value, par sale, 62% 1948 103 Low No. 11% 1927 A5'As 97% Sold High 11'A May 1927. (State) ARussian Range Sine® January 1 Bonds Friday's 124% 84 or A-0 Mortgage Bank of Bogota 7s 106% 111 " 47'A 100% Week's Range M-N stamped 7s AMortgage Bank of Chile 6s 9% 13 —1952 6'As stamped_1958 -1958 Mortgage Bank of Denmark 5s Service— Nov , 110% 112% 97 Last Sale Price Bid & Asked 1921 City Alssue of 14 113% 113'A 47% 7s Alssue $113% 115 M-S 7s_>. 20-year 100% 104% 12 Period April 1946 —Jan 1947 Bogota (see Mortgage Bank of) ACauca Valley 7s 1948 Danish 5'As 1955 Extended 5s 1953 A 105'A 108 11% Interest Mortgage Bank (Col)— A20-year 103% 105% 98% 108% 108% J-D 1961 Z 11 F-A ' 108 102% 106% 112 Z 4 Dec. Low 6 6 Exchange Curb Ended Week 107% 98'A 101'A 19 $111 York New 54 110% 52 Friday BONDS 21% 13 107% 102% 103'A J-J Foreign Governments & Municipalities 41'A 109% 98'A 101% 11 24 A 106 1 54'A 52 19 19 78'A 1954 87 19 107 $110% lll'A 99% 99 3i J-J 1948 Orleans 10 '.20 .Z: 107% 110 80 8 109 M-N 1950 5s Alncome 6s series A 102% 100% 101 Vs .1947 105% 106% )):■ 23 ;1 $ $88 M-S 1947 Debenture 5'As New 86 65% City Rapid Transit 5'As Western 120% 125 J-J F-A 1957 1951 106 ■; Z.l'Z'.'. A-0 1948 5s deb 23 20 $18 ___ ■Z ;A. }Zj 20 18% F-A 1956 5s 5s Eng Gas & El Assn 5s Conv 86 100% 101'A 101'A A-0 .2030 82% 20 46% 2022 Gas 60 77 81%; 65'A 20 21% 1981 A Amsterdam 130 53 1 81'A 64'A 83 6 19 1978 New 129 132 $58 A-0 .1951 118 12 46 1945 Nevada-California $130 A-0 65% 103% 20 19 SANational Public Service 5s ctfs series 112% 1957 5s Service & Light Edison United 105% 107% 8 46% Nassau & Suffolk Ltg 5s 6s 75 108 1957 A—» Water AParana Power 82 26 10 80'A 80 F-A 6s stamped——. Electric Twin 104% 18% J-D 1978 5s Mississippi P & L 5s— Mississippi River Pow 1st 5s„_ Nebraska 96% 102% 111% 112 M-S F-A 1955 Light 4Vis Gas 103% 15 ' 1943 1967 P & L 4Vis ref 100 2 ■ J-D 6%sII—IIIIIl945 RR 5s Milwaukee 80 J-D A-O 88% 100 7 102 102 "Z: A-O IQfiS Minnesota & 93'A .j. 90 35 99% 92 J-J 1971 E {"▼ opripc Middle States "Petrol 1st M-N 1948 1947 4Vis Edison 4s conv Metropolitan dc Z 98% 92% M-S Radiator & Mfg— stamped Mengel 99 J-D J-J 1965 —1966 2022 1969 1966 1957 Electric 6s— Power 81 102% 102 J-D 1942 Power 3Vis Electric Kansas Gas & 103 % 98 98% 106% 83% 1963 Superpower 6s— Gas (stamped) A Jacksonville Jersey Cent Pow & Lt 3 98 22 Industries— (Hugo) series 6s 107% 110% 103% 104 103% A-O 150 38 ' 6s Debenture Iowa • .1937 5s__, Power Interstate 102 —May 1948 Corp inc Power Texas United 94% A-0 C series 132 102%. 102 67 110% 110% Z A-0 1955 A 6 Vis (Dec 1 1941 coup) 1955 A 7s series E—. 1957 A7s (Aug 1941 coupon)—-—1957 A7s series F 1952 A7s (July 1941 coupon) 1952 A6Vis J-D ——May 1948 1951 Dec 1 1966 Light & Power 2nd Toledo 93% Sec-— Power 54 101'A 102 102 'A A-O 5s Stinnes (Hugo) Corp— 7-4s 3d stamped Certificates of deposit 1st Idaho 105% 108% 138% 1989 debentures gold Standard Tide 108% 108% 96 111% lll'A J-D —Jan 1949 Hygrade Food 6s ser A 6s 1966 & Pwr 3Vis_— 104'A 106'A 102 M-N 1970 6s—.—.—2022 L 6s United Houston Lt 12 101 'A 102 'A J-D F-A 6s Debenture 92% 53 81% - 46% 19% 19% 19% M-N 108% 11 ' 78 78 79% 71'A 104'A 104% : 138 F-A (stamped)-. 6s stamped— Texas 85% 40 • 2 98% $95 106 78 107% 106% 106% — 106% V M-S 1951 4s Rys & P Debenture 7-4s 89% 77 ■ 12 108% 108% '■/Z A, J-D J-D J-J Conv 93 ' •14 82 A':' 1 ; 50 89% M-S 6 $77 1971 100 90 ' ■ 79% 64 91'A $96'A 92 A-O J- J 109'A 112% 107 A-0 Power Indiana Stinnes Gatineau 107% 111% 1 ' 1970 4'As D Wyoming AStarrett 104% 105% %J 3 97 M-S A-0 mtge 3s 6s 92% 96% 103% Z!ZLi'-H- $40 M-S .1966 1966 13 lll'A 111'A J-D Spalding (A G) deb 5s — Standard Gas & Electric— 123'A ' Florida Power Co 4s ser C—— 97'A 87% 97'A 111 'A 111 'A — J-D Southwestern Gas & Elec 3'As_ 104% 106'A Z.Z/--- Z Mtge Bank Residential stamped 6s-5s $101% 103 M-N >1954 1954 ZZ- A-O 1979 1952 1951 1951 1967 1970 1947 1957 1965 Coal 6s 5s Southern California Edison 3s Southern California Gas 3'As Southern Counties Gas (Calif)— 6s Federal Water Service 5Vis 116% 111 104% 106 $105'A 108 M-N 1952 Carolina Southwestern Z 86% 122 10 105 105 / ... 70 77 59 79% 123% 123% 89% M-S M-S ■/, .1952 District El 5s_ 60 77 93% 100% 102% 20 87% F-A A 106% 108 13 114'A 115 125% 69% 75 100% 101'A 77% M-S 120 53 84'% $70 101 32'A 104% 105% 108 $107'A 108 V. — J-J —1950 1950 C A series 4Vis Sheridan 6 "83'/8 20 104% 105% ,$107'A 109 .» M-3 1949 Joaquin Lt & Pwr 6s B Real Estate 6s 1st 22 "! - series 5s Shawinigan Water & Pwr .-106'A 83% 1 M-N ASchulte 117% 122 125 121 105'A 105'A 100 34 Jersey— Scullin Steel inc mtge 3s— 109'A 109'A 102 J-J 42 +32 F-A 1964 1949 -196D ref 4Vis series D series 5Vis 84 'A 12 106 97'A 102 % 100'A 101% Queens Borough Gas & Electric— 84% 33 84 84'A •' w ref & 1st 101% 102 "•'v J-D New of San 84'A 84'A $121 97'A 104 101'A 102'A 101% J-J 1961 1959 Safe Harbor Water 4'As__ 85 J-D .1958 1958 , Power Finland 105% 108% 15 98% 102'A J-D 1956 88'A 83'A 843A F-A Eastern Gas & Fuel 4s ser A Empire 107 Va 110 2 98 J-J 1950 74'A 81% A-0 >1956 >1956 Electrio 8 108% 109 M-N perpetual certificates—: Sound P & L 5Vis 6% Southern 33As Packing 108% 109 102% 106 108'/a 108'A — M-N E 5s 10 83'A 83% M-N .1954 1954 Cuban Tobacco 5s .;.Z F-A >1977 F Service Puget City)- Continental Gas & El 5s Cudahy 107 106 5 Co—» 88'A 86% '84 M-N .1976 23As ser Q———>1976 mtge 4Vis Gen 3 9 108 ' 99% 104'/a 105 $101 88% Z 105 52'A 50% J-D .1971 1971 .1969 >>>1969 mtge 3s ser P 1st ref mtge 108 105% 105% ' ' 105% F-A Sinking fund deb 4s of Indiana 4s (Bait)— series N ref 1st & Pr Gas El Lt 3'As _ A-O extended Edison Corp South Consol 1087/a 106 17 107% 108 V . , F-A 5s_—. 1st mtge 3s & series Public 13% 4 2 wi¬ 100 100 100 M-S 1951 A 7s 105 :'105 A-O 1949 5Vis ; Connecticut Lt & Z; A-0 Aug 1955 1948 4s 3%s B mtge 3 Vis_ 1st 83% 83% 105 J-D ;»»1952 L 5Vis & 107% 107% Public Service Co of Colorado— 99'A 1027/a 28 Gas stamped Power 100'A 104 8 ,. 103'/a 103 83 3A M-S 1969 > ; 1966 1958 __ 5s Debenture M-N A-0 Pennsylvania Water & Power 3V4S-1964 • 3'As 1970 Philadelphia Elec Power 5Vis 1972 Philadelphia Rapid Transit 6s 1962 4Vis 151'A 180 $176 A-O 1950 Jan 5s__, Debenture 61 50 1 > 537 8 .£.j 1979 Potomac 117 112 & Power Portland 112'A 115 4116% 116% Service Public Service Northern Canada ' 1945 1968 1971 5s 5s ; Steel Bethlehem 10$ Z 108% 109'A 1950 6s series B 5s M 1st 5s v 3'As Central Lt & Pwr 4'As Penn 99Vi 100 >- Public Oklahoma Nat Gas 105'A 108 5 ; • . Ohio 108% 106 •.' 106% 108 106% J-J -1964 .72%. . ■ Telephone of Canada— Bell j" » mtge Oklahoma Power & Water 5s Baldwin Locomotive Works— Convertible 107% 114% 115'A — ~ 53 % lll'A 108'A 14% warrants without 5s 22 M-S F.)— & Sons- (B. Avery 12% 12% -1955 City Elec 3'As Atlantic 11% 11% M-S 1949 4Vis Light Gas 14% 12% 12% -1977 5Vis A Assoc T & T deb 7% J-J F-A . 5%s deb F-A 3s 1st -1968 A Conv ; .<< y, ■. Power Ohio -1950 -1948 4'As deb 1969 8 $115 __ High 109 ICS 112 106% 107% Co—— (Associated Gas & Elec AConv deb 4%s__, A Conv 53 7A Ogden Gas 1st 5s 107% $11% A-0 5s— 105 J-J series A 1st 3%s 124'% 130 24 J-J 1948 5Vis_» Utility Low NO. Northern Ind Public Service— 87 107'A 107% 2004 —1954 5s Cont'l 107'A Sold High $111 J-J Range Since January 1 Bonds Friday's or M-N & Gas 3%s—>1964 Elec Westchester Ltg 4s & Nor 104'A 107% , $126% 127 • Y Debenture 102'A 109 86'A 106% 106% 106'A A2 106% v J-D J-J 2024 4 '/2s— Elec Associated 87 Last Sale Price Bid & Asked Low 101% 106% , : 5- Week's Range Friday ■v:- Period 4 Dec. High ' . Arkansas J-J 1961 . 5 105 97% 87 97% M-S 6s 96'A 102 5 103% 103% debs Pow Low Ended Week Interest Exchange Curb York New N Y State >—Z debs__ s Amer NO. J-J s 3%s January 1 High -1950 3'As Range Since Sold Co.— debs f s Bonds. Friday's Bid & Asked Low American 2025 THE COMMERCIAL & FINANCIAL CHRONICLE Number 4131 Volume 156 used above—"cod." certificates of deposit; "cons." consolidated; "cum." "conv," convertible; "M." mortgage; "n-v," non-voting stock; "v t c," "wi," when issued: "w w," with warrants; "xw," without warrants. cumulative; voting trust certificates; THE 2026 28 to Dec. 4 both Week's Last Corporation Baltimore 1st Transit preferred Consol Gas Elec Light & Power Chemical Co Eastern Sugars Assoc common „!AA t c—1 v Fidelity & Deposit Mt preferred Amsterdam Northern Penna Water Phillips U S Casualty Central Ry_ 23 % 27 Va 27 Va 2.15 $7 Nov 15 Jan Va Mar 129 36 Dec 16% Mar 97 National Bunk Jan 22 Va 88 51 100 51 100 20 30% 50 Oct 51 Mar , Club Nov Nov Jan 34.% ,, Transit Co 4s 5s series A—_, 5s series Caro Ga : 26 V2 Apr 31 Va 42 Jan 57 May 6,000 50 Jun 65 May 2,000 101 Oct 105 Oil Jun Common pt ' 34:% sh * ,'• 63% 66- v t b class ; !6% 1st ex Southern & 60 61 101 Va 101 101% 6%_.—2934 1: 52% Va $45,000 27% 27% 27% 2,000 19 Jan 28% Sep A'AAv Florida 5% —1945 73 Va 73Ve 2,000 62 Va Jun 75 12% ; 28 to Dec. 4 both Friday Week's Last STOCKS- Alles Fisher & American Bird Tel Son & Inc & , Range Inc Boston & Boston * : Albany RR 7% Jan 305 75 Va Jun 91 2,871 19 Va Apr 26 62% 62% 65% 541 42% Jan 66 12% 13 % 700 10% Mar 14% Jan — .100 1st pfd Boston Personal Prop 5 Va Jan 1 % 717 Oct 8% 17 Apr 2 1% 1% 15 11% 25 8 % 21 5 275 , 21 Preferred 16 18 3 Jan 6% 6% 25 5Va Jun 4% 5 60 4'/a Feb 7% Oct Co Gas & Eastern Common ——— Fuel 5% Oct Ilall % .....——————— prior preferred——!— .100 6% preferred .100 6% 1st 6% 5% 19 V* 380 lVa 150 — -100 x91Va ....... -loo SS -100 adjustment Lines 5 10 26 18c 4% Isle Oil Royale Lamson Mach Copper Corp ..15 : Maine Central RR common,...; Util Mass 75c Associates v t I New Mining—A— & Stone 6% Webster Feb 6c Jun 10c Jun 3% Feb 4% Nov 75c 350 3% 2 % 70c - 85 17c 4 300 88 555 1,395 11c 1% Jan 3% Dec 4% 2% Aug May 80 ■ <& Apr Feb 29c Jan 5 Jan 101% Jan 3%. Nov Jan Ja Oct 29c 1,998 20c Oct 64c Feb 20c 59 12c Jun 50c Jan 77 14% Jan 18% Oct *17 Vb xl7 Vb 22 74 21% 22 Va 75c 72c 90c 9% 29 33% » 61% 61% 515 6% 668 450 34 Va 120 18% 60c Jun 6% Apr 3Va Apr.. 22 Apr 28 May Jun 63% 865 49 61% 62% 487 50 Va Mar 43 * *25 61% .25 ~20c Inc—-A—!!!_,—f 15c 7% 22C 7% 20 520 210 26 Mar 43 ... ... 9% 29V4 5% . —5 Tunnel..——... -.1 System 9% 5% 29% 941 1,150 Nov 1% July 10 Jan 6% Nov 29% Nov 35% Mar 72% Jan 63 Oct 37% May 44% Aug 15c 46c Dec 6Va Mar Hormel & Co Feb 7% Nov Houdaille-Hershey BONDS Maine Hubbell Hupp Income 4%s series series 6s Car Motor A 1970 39% 39% $4,000 103% 17,000 /; 2,000 29% V 100 >•; 9% Jan 1274 Mill' 100 18% Apr 3174 4 Feb Oct Nov Oct 50 6% Dec 874 Jan 374 Jan 474 Mar 14 5 5 15 Va , 4674 4 Feb Feb 2 Apr Sep 77a May Nov Apr 4074 Jan Jan 43% Nov ,;• : • • 174 Aug 3 Jan 50 3% Mar 5 NOV 4 6% Jan 100 : 383 9 11% 300 17% > 2374 Jan 7% Mar 150 10% 150 12% Sep 874 Nov Sep Nov. 1274 Aug Apr 5% ' 1074 18 Jan Jun '!■ 5% 6 ■4 24% 25 370 21 Va May 30 28 .50 27% Mar 32 Sep 10% 275 1174 Nov 14%... 100 ,5% 25 •>!•. "7 28 10% B— 1 % 15 23% 11% 13% May 3574 Aug 24% 4% 9 Jan 29% 2% 22% 37 Vt 208 2% 17% 28% May 1,600 34% 41%; '-;"4 Jail 100 7% - , 2974 300 : ; Sep 50 l'a • 3 21% 490 37^8 7% ,, 9% . 14% 14% 1 u. . "l% ———10 capital—.! 400 " ,.—100 common Independent Pneumatic Tool v 874 8 Va Apr Jan Jan Co capital— International Interstate Harvester Power Katz • $6 Co Drug i :'i". • Ta Printing Lion Co .* common!.: common— Rad McCord & Mfg 4% 60% 145 274 May 54 V» Apr 74 Jan 57 4014 57 Dec % • 7a , "8% Apr 10 8% Feb Oct 1 7% Aug Feb 974 Feb %. Apr 100 : '.3% T- 3 v7! 50 6% 100 6 Sep 84% 10 70 Mar 4% 1.450 6 ' 4% *>.2 . t" %; • Feb 8 95% 374 Mar 5V4 Jan Jan A Mar % Oct 150 8 Apr 117b Jan 150 974 Feb 1274 Sep 300 71% 700 9% 12% ; 1% 1% 1% 15% 15% 15% 9% 9% 10% 650 28 Va 28% 29 2374 May 14% 14% 30 11 *■ Feb 4 Sep % 84% , ——* class A • .390 11% 1—• Mar ' 9% Packing common-..——.,!--" Liquid Carbonic common—.—,.!!—* Corp 100 r Loudon Masonite 4% 3% 6% 84)4 — Field 1674 * capital Marshall 25 Sep '"f common——.—* L Oil Ref'g,.Co ; I common preferred Jun 10% ; . $3.50 18 Vb 300 ; 8VB /.r i'-'y /' Kellogg Switchboard common.— Kentucky Util 6% preferred-.—,—100 Libby McNeill & Libby common——7 Lincoln 9Va Nov 250 11%. 53% . preferred.—!—,,* - 5% May 19% 37% common..; i Aug 4% — . Apr 1% 11% , Joy Manufacturing Co common.!—_.l '• 450 , 1% Apr 1 850 8 ■ Oct ,15 Apr A Apr 50 1% 7% 13 18% t c_—* * Indiana Steel Products common——1 Inland Steel v {a . 1% Indianapolis Pwr & Lt common. v Junr 274 Mill¬ 11% May ie Nov 8V2 90 12Va Jan 28% Oct Apr Feb 1674 July Merch & Manufacturers SecClass A 1 common—: 1% ■ cumul partic preferred—! $2 Middle West Corp Midland United Utilities— ■ 1A 3 .100 prior lien 6 % Chemical . % common—— •A % 3374 3474 10 10 42% Feb _» A Jim 104 % Jan National common—, I—1 ' 108 Mar National Pressure Cooker common 2 Af 474 common———, —10 2674 Ward & 9% ! : '• Co common 3374 • 550 3' / Nov 74 Nov 5% Jan 14 Nov Dec Jan 14 Jan 74 Jail , ' A 1 tj ■A-- 274 200 ' 1 :t " # Jun Montgomery Mar 2874 Mar 4V4 Nov : 3 74 Mar 950 % V" " Co 7,900 A 374 ;: :• 874 A 874 iX. t c_!—— v 374 3 prior preferred- ...10 A.. stock 4 Dec Nov1 2% July 100 v/ 3 !;! prior lien—_—.!!—!!.!!.!, .100 preferred class A—!—..!—! .100 y & Hart $1 21% 2,600 • ; ; 1% 7% 9.74 f 3 1% 10 474,'; 974 ; l.ooo 174, ; ; 21% 3 74 8 74 ..; pfd.———; conv 174 . ■;2174 ,2172 ,r,s capital——— Midland Monroe ser 3674 100 34 —25 common Co Illinois Central RR Common Ry— A Jun 37a 40% • • mortgage 4%% Mass Street Eastern Nov 32 Va 6% , 41% (Harvey): Inc common——5 Illinois Brick Miller A:/AA'' RR— Jan 9% 50 14 common—!—a class 2474 ' ' & Boston (Geo A) • 600 * ... common. 8 450 ! 36 " W) -common.. 2% Feb Jan Apr Jun 19 3% . 1% common——.10 Spencer Bart common— ■ Jan 12c 1,171 Dec Sep 1% 595 % A\: % Inc.—— Co—.... & 10c Nov 20c Machinery Corp Metal Waldorf 100 5% Jan 20c -.25 cumul preferred Utah Nov 20c Co Fruit 18c 25c —50 —. RR United Shoe Aug 3 Vb 100 86 ——. (The)——Union Twist Drill.— United 16c 275 15c 86% Association Torrington Oct 2.50 Quincy Mining Co—_— Shawmut Oct 4 —. Mills Pennsylvania Nov 12 29 Jan .100 Old Colony RR. Pacific 7 4% Mar 1,200 & Hartf RR. .100 York, New Haven North Butte 2% 20% May 10 4% 2% 15c .100 England Tel & Tel Oct 7c 75c 3% ; Narragansett Rac'g Assn Inc—.... —1 New Sep 26% lie "2% .100 c— 95 Jan 5 ■V 4% common...... —5 (Del) Jan 80 l; 18c 7c 4% 81% Jan 11c lie Co— -10 Feb 12 : 2 x4% —1 Co... Hole Feb 32% 14 Printing Co common—,— 10 Brewing capital—...1 Hibb Jan 50% 125 27 .20 1% Apr 18% May 1)4 Jan 104 10 Association Group Button 5 10 27 Hathaway Bakeries class B——... Int'l 60 50 common Georgian Inc 8 % class A preferred Gillette Safety Razor Co...—.... Helvetia 92 Va 23 23 Nov % 41 73 17/b B preferred Eastern Employers 249 18% ... pfd series A... preferred 65c 48 Ry common.. .100 ... Street Mass ■' 44 36% common Hcilman Associates- 4V2% Eastern . (H 17a 85 3% ———————,——10 common 1 Co Jan Jan 6% Transp common——5 Lakes Dr & Dock Great Jan 1674 24 V, „ Foods Gossard 12 Va 10474 . 327« 23% Goodyear Tire & Rubber common.—* Oct Sep Sep 9 327'a 23% ..." . NOV Apr 30 31% 3% 5 —15 3% Corp . . 10 31% : Dec 1474 300 36% ; Oct 21% 100 .. , 1474 Aug 71 Sep 13% Mar 350 7 Jan 10% : loo 2% Feb 16% 7100 , 8% Corp common——1 Motors ' 22% 36% % 11% July 15% Apr 365 74% 8% —...!!vl 1 Co ' Jun 4% ■ 60 - 2% Gillette Safety Razor common——0 31% May V Aug 21% Goldblatt Bros Inc comnion...—.*. Feb , 12% Apr 2 15% . 2 9% General Outdoor Adv common. ' Range Copper 2% Auto———,.—10 Denver General Jan 3 1 % May 1 Va Jun 1% !ioo RR...—... 2 340 lOVa , 72% 15 * , common.. General Oct 11% stamped... .100 & Hecla 1% 1% 2 Trust....... .__* Providence 8% 1% —'—— !.!— .100 —— & 7% 10 •• Nov Nov 13% -•'' Oct Aug 21 Va - Util Corp Drive Co General Finance " 5% class A 1st preferred Calumet .100 Jan 750 8% confmon... General American Feb Va Inc.!—. Morse Mfg .Gardner Nov 13 Household Fuller RR— Maine prior preferred...: Boston NOV 80 81 Va 24 Va Elevated Ry.._1 Stamped 10% class D 9% 9% 80% 23% Herald Traveler Corp...... ..—* Jan 2374 4 480 73% r— common... National Watch: Co Four-Wheel Jan 81% Boston & 134% 23% 9 Va 37 Apr 1 1% —— Fairbanks 3% July Apr —25 ... Boston 7% 101% 2,850 ..100 — Co Airlines Elgin High 2% July 10 130 Va Apr 17% 380 15'fii —30 common J...— Electric Range Since January 1 ..100 Edison Boston 3 128 Co Eastern High 3 128% lists Low 30 . 3% 13% Dodge Mfg :Corp oommon.— Shares — -_100 (Alf) & Class A for Week Low 1 - Tel.———. Deere Sales of Prices Sale Price Par Nov 7 V» 12% .'.''■"'I. ' ' ' '■ & Cohn common.......10 Dixie-Vortex sales Nov 3% •17a 3 •!; 207'b 7 V" cumul preferred.!—.,——100 Cunningham Drug Stores .2%- Exchange inclusive, compiled from official 6774 Feb 7, 7/e May 4% May 1% —*. Cudahy Packing comihon..— Decker Nov. conimon. Jan Jun . 650 14% Crane Co common...J—.25 Jun % - 800 . 12% Anjier common—20 Oct Dec 1174 67/o / -'•••2%; ;3% Continental. Steel Oct Boston Slock 2 ■ 6% ; . 174 34% 2% 45 ,!• 4,550 , Feb Jan Apr 50 20 21% : ;i% ■■• 370 . 7% 1074 Jan 8% ••800 • / 35 ,.>■' 20% ^ A———50 Container Corp of Jan Nov 28 1,350 1% 1%.' .2 • partic sharps v t c class B—* preferred part shares..——50 Vtc - 43 % May -- 300 / - - 3:!ii Vs';' 3 V4 35.; • V - , Feb Feb May 7 16,800 11% ;l% 21 200 1% , • 23% ... i , Feb A 100 Nov, 1% 60 , 11% ..1 Corp.. Consumers Co— Jan Dec 6% Apr May 20 , • Consolidated -A 52'/a 60 _1975 — , '' '■ - 5274 —.1975 — B & Norfolk Georgia 1975 t»,v350 2. 34 Common ' : Bonds— Baltimore A 71 Nov A Apr 4% May 550 8% •>. 11% common.——* Consolidated Biscuit common 50 22% ;:;i-1% ,1% common—.—25 Edison Apr Mar 150 1% 10 Co; common... 18 72 200 : 8% ._*• conimon.. Utensil Coleman Lamp & StoVe July 30 Service Co. Alum Jun 417a 167b ' ,"i> ;■ v 13% 530 86 21 132215 Commonwealth Mar 100 Mar 88 21 Vb May 495 30 Va A —A/ 29% Jun 39 43 29 Va •22% Cities 150 100 "d1-- preferred A!—,!..!—,—!—; Jan 150 5 Ta V'% 84% 84% July 864 A 0 July 2.65 92 * ■ 26 21 Va —2 5% 50c com. High 12 Vb 0 ... A ». .. — 30 Sep 21 pfd—.100 I preferred——— Apr 1.50 72 itf 23 Va May 19 Va 15 64 ,:i Chicago Corp common —1 Convertible preferred! —i *■ Chicago Yellow Cab capital..———* Chrysler Corp common —....!—5. 95 150 14 Va -11 common Pow &;Light pfd Cherry Burrell Corp :common_. Dec 17 lien Low 15'/4 70% * Range Since January 1 High 14% .110 pfd $6 Central States Dec Feb 5% July 24% 20 2.15 Dec 12% Now Serv Weslj Util Prior 92 common Fidelity & Guar— Western 23 74 .. Low Shares 15% common Pub Convertible preferred Central & South Nov 54% July Va 108 93 50 - Nov 2 5%% Co ■; 6 Ml (A Illinois Central 111 Secur Nov 1.80 50 .... Power & Packing 36 17 A 100 Co 12 Mar 9 V 45 34Va 17 !,!:, pfd—25 com__ 120 237 17Va Apr Jun 40 308 8 High 3.50 July 328 129 126 35% 13% 30c 1,153 i 12 6 Va "A— 25 Vernon-Woodbury Mills New 12 20 Monon West Penn Pub Serv T/o 54% 8 .. . Fidelity & Guaranty Fire Corp—10 Georgia Sou & Fla 1st pfd—.—. _100 Houston Oil 262 1.30 11 53 Va .1 common.,.. 17 Va 1.25 10Va ; — * com Low High 16 V2 __ . 100 ... Davison !_ . * vtc_ common c Castle Range Since January 1 for Week of Prices Par Central Low * Co t v Shares Sales Range Sale Price - Campbell Wyant & Cannon v Foundry capital —; —... for Week of Prices Sale Price Week's Last STOCKS— Sales Range Par Arundel Exchange inclusive, compiled from official sales lists Friday STOCKS Monday,' December 7<, 1942 Friday Baltimore Stock Nov. COMMERCIAL & FINANCIAL CHRONICLE 1,300 9 74 May % Sep 200 950 23% Oct 1% Oct % Jan 34% Apr Dec ' Nachraan 1948 — C 103 1948 107 107 101 107 Nov Springfilled :■ common—.. Gas Cylinder v ! 874 V; ?.;-r 150 7 , 245 7 9 474 ! ' V 300 10 May 4 Feb Jan 5 May , Mar 974 Jun ~ Standard National Noblitt-Sparks Chicago Slock Exchange Nov. 28 to Dec, 4 both inclusive, Friday Last . STOCKS— Sale Price Par Abbott Laboratories common Advanced Alum Castings......... Aetna Ball Allied Laboratories Allied Allis Products American Armour & Asbestos Athey Tel Tel & Co Truss Automatic Wheel Washer Corp & Belmont & Warner Brown Bruce Burd Co com conv. For footnotes common... 3 Mar Perfect Poor Co 1 Nov Pressed Steel Car Dec Process (The) Jan 12 8 74 13 0 74 993 102%' Apr 133% Jan & Quaker A.— 10 2% 76% 150 7% ; Apr 374 May 125 8 Apr 10 Va Jun 674 May 43 2774 May - Jan 2374 Apr Jan 8 , Oct 16% Dec 11% Feb 10 Oct 56 Jan Corp Co..— Oats Preferred ;• 674 72% Co common 1 —* .—————.—-100 2,650 2% Sep 4 Jan Rath 400 % Sep 1% Oct % Jan 374 Nov 200 GO Jan 77 Va Nov 300 12% Jun 15 Nov 22% 576 18% Jun 2574 Nov 45 Vu 256 36 Apr 47 Jan 22. 24 Va Jun 15 374 6 * 174 —* 74 900 22 — common.————.,1 common— 3 76% 44% class B—————* 3% ■ Raytheon Mfg Co 6% : preferred!—5 72% 146 • ' 80 20% Oct 374 50 3% Jun 674' 475 174 " " 72% 146 50 5% " Jun 1 Vb Sep 160 56 Apr 30 140 Jun 474 Feb 8% 3 73% 148 Jan Feb Nov Oct ' J, 274 3% Oct % 74 30 Va Sep % 2% 3% 1,135 2% Jun 4Vs Jan 9% Packing common—— 39% 10 :' 3974 150 3974 Apr 174 174 400 lJ/8 Jun 57Vb 2 Jan OCt Jan 3 9% 1274 5 34 Va 3 100 974 15% 16 12% 1274 5 32% 2 % July 7/ 1,700 6% May 574 300 3% Mar 5% Nov South 385 28% May 39% Jan 474 Spiegel, 1,050 6% Jan Standard 11 5% ... —,50c — Stock Yards 450 14 400 3 100 574 250 2074 350 3% May May Jan 1% Mar 15 Jan 27% Oct Cummins Roebuck 34 Va 1% — — capital.—* Serrick 19% 20 4 Feb 325 5% Corp class B common 1 Bend Lathe Works capital——5 14 357 2074 20 60 11% May 1274 1% 20 —* Sears 26 3 —* 1 Schwitzer Nov 474 13% 30 Nov 12% 1% 150 16 25% 14 2% 41% Feb 13% 474 — 2% 41% Common St Louis Natl Sangamo Electric Co common 150 200 25% .30 2031. (The) Circle 11% Mar 13 10 Jan 30 Va 1 5 preferred page Jan 9% 24% 7. common see 2 150 Jan Apr ■ 5 Brothers cumul 450 49% Apr 5 common common Ring 2% 37 Vb May Jan 5 5 130 22 10 Vb — 10 50 9% 50 'v.,-' capital. 50 Peoples Gas Light & Coke capital—100 22% • common Wire 298 % 400 RR Pennsylvania 20 Vt 3 10 Corp (EL) Piston Butler 5% Fence & 48 74 High 100 3 10% Xl5 909 % 1074 10 ' 15% 1674 1074 .; 200 21% 74 15 A100 21% 2674 ,774 —10 class 350 Co common... Corp Low — Switch Elec 2474 3 , ——5 —100 Coal common B preferred ! 24747 1 4 Brewing Corp Laughlin common.. Bliss Borg High 6% Penn ' common Radio Range Since January 1 1074 3 Seelig Mfg class A Aviation Berghoff capital. Shares 2374 12874 j # ..100 Peabody for Week 24% - preferred— preferred - 5 common—. lien ^••■: '. —20 common.— common—!—, 7% Util West Prior 24% • 100 common (Delaware) Mfg Co Bendix capital.. common Bastian-Blessing Belden Co Bancorp, 1074';: 11%':; ' —25 » 2% 1074 * A Mfg Co Manufacturing Co Aviation Barlow class 2% * common. Corp Chalmers Range 46% 5 Bearing common. North Inc 200 Sales of Prices LOW * Northwest compiled from official sales lists Week's Airlines 5 capital. Industries North American Car common— Northwest 27 Dredging Oil Jan 14 Va 2% Aug Oct Stewart 3% Sundstrand 19% Jan Apr 6% Feb 21 Va July of Warner Swift & Swift International Jan Nov 4 Jun 33 Vb Apr Sep 4% Jan 2 Jan 1% 500 1% Nov 11% 105 1074 May 26% 761 20 Apr capital 12 July 27% Nov 1% Nov 1% 500 774 7% 1,527 14% 15% 800 12% May 19 25 Jan 29 74 Nov 1 Feb 5 Mar —25 capital Feb May 5 1% 1% ~774 15 Nov 8 74 6274 11% 25% 1 5 20 Feb 2% 26% common—5 Jan 6 Va 23% 25 common 250 1474 4374 May 150 capital common 4 Jail 430 "v/a Tool 50 369 Oct 52 374 3 1174 Corp Machine 100 7% 62% 3 74 Jun 24 Va 23% 20 Indiana Sterling Brewers Inc Co 2374 2 common——!—1 common— Preferred Standard 7% : Inc., 2% Aug 4% Sep 10 capital capital., Co & 1% Aug 41 21% 21% 22 720 20 —15 27 26% 27 370 19% Mar Sep 874 Nov Jan 2027 T-THE COMMERCIAL & FINANCIAL CHRONICLE Number-4131 Volume 156 OTHER STOCK EXCHANGES \ Sales Week's v.'-"1' Friday i • //•••••/,:.•• ./Last •- '■ • [ ' ,**.. : • , ... '/"-' ■ • Thompson Trane (The; Corp Co Carbide Union S jU United U Utah Walgreen Co Williams Dec 41 May 61% Dec Apr 18% Dec 44% May 553/4 Jan Jan -* 46% 47% 1,085 119% Jan 2 286 4% //AA/// 17i« 5 V* .2» > 63 Va . 1,350 DETROIT Telephone: Randolph 5530 Jan 91% Mar Oct 2% Aug--. A-:. Feb 5 % 5% 500 4'A Mar 5% Nov 2% 2% 400 2% July 4 Jan 54% 50% 343 17:/;'/ ' 16% Corp . ■ ./_—0 common • Apr 62 V8 23/4 Mar 4% 17 Oct 450 : 8% Mar 17 Va Detroit Stock Jan 100 Nov 4 4 r • 40 Last Anaconda Steel Electric New Pure Oil Co Radio Corp Studebaker Corp S. Rubber Co .U. common— 10'" Yellow Truck & Coach class B__—„_1 17% 2% " Nov 4% 23% Nov 12=% 240 / Motors Nov Goebel Nov Range Nov Nov Ball of Prices • A V-■ /•%,'/ZZ;/;■■1 %'• American Baldwin Low Pa r ------ , 5% Mich ■ : High > . 22 5% Dec / a, • Apr 6% Aug . ' Cincinnati Crank/ Ball ~ Street Cincinnati Telephone Cincinnati Tobacco .Dow —- • 25% . 50 21% :. 63 26 % /;/ 401 ; :V 8 3'a % —0 / S 48% 49% ; /• Cord—ZI-I-————10 Playing Unlisted— •' Standard 25 Apr 29 3-a 10% common—. common. Jan % Die Oil 1 % Oct 52% Jan 9% May 12 9 Mar 10% July 2% Davis Parke 43% % Jan 3% 4 V4 562 3 Aug Brands % Mar 2 V- Oct Peninsular Mtl Prudential Invest Motors Reo Rickel Paper Pattern Simplicity Udylite common Union Universal class Aircraft Warner 410 58c 19% 100 Range Low Par Coach Amer City lee & & Clark Controller 2-% 27% 100 27 % Dec 27% Dec iec 800 15c 23c Jan 1% 1% 1% ' 950 200 300 3% 3% Cliffs Iron Cleveland a / preferred- a 25% 26 % . •:•;/" 60 110 10% 10% 16% .Z 17% Jan 10% Nov 14% ' Manufacturing J. Electric: Controller . Rubber Faultless General i Goodrich. Halle . B Bros Hanna ; & T 32% ... 110% Nov 455 '10 Jun 14% Mar 17% Nov Electrical Exeter 100 56c F— / 1 a24% a25 —; 35 % preferred—100 35% » Kelly Island Lime & 0 Tr___— & Sessionsi._— ?j Lamson • 35% '•".: ■_/;/./ Nov Jun 1% Jan 4% 135 2 Va Jun 4% Dec 2 100 1% Apr 2 Va 1% 500 .1% Aug 2% Mar 1 Va 165 % ./ National ..National Refining new _» — /- . 1 Acme 33 37% /May ' Feb Holly 45 35%. 80 30 Aug 40 10 302 9 Feb 12 Jan 3% Jun 5 Feb 15% 2% 2% Prior 55 % preferred 6%— Tile . • :% 59% %,: % Z /'/•50 160 al4% al5 ' National Patterson-Sargent 400 603 13% July / 19 v . / • Lane-Wells Reliance ., , Electric Richman Bros. Standard Oil of Ohio Thompson Van Prod Dorn Weinberger White ——_■/_. Works l3/4 May 36 : ' 3 V« 60 Jun -V2 1% Jan Drug Stores Motor Youngstown * & 10% Feb Los Nov 22% 23* 743 Nov Nordon Nov 6% .10 12 Jan : Dec 3 Jan 320 2 Feb 2% Dec 3% 3'' Feb 3% Jan 3% 82c 200 Jan 1.00 2 2 410 1% Apr 2% Jan 1% 1 % 600 1 Va Jan 1 % Jun 3% ; 3% 300 2 3/4 Jan 4% Nov , Aug 5% 29 % i!l% Juiy Jan for Week Range Shares 1,600 1.85 1.80 1.80 700 2.20 400 5'A Oct 73/8 - 8 8% A '= 64% 6% / .6% - 5% 5% 3% /' ' — 500:/: 3% 25 General Tire & Electric 7 Jan 6 Apr 6 6 100 al3 common—10 a28% a23% N Y Ohio Centra] Oil : ——10 RR common 11 Mar /•/, a20 a20 a28 % a23 .•/ Co Ltd. & Corp • common For footnotes see /._* l_„■ ... page 2031. - Nov 127/ Apr Jan 66 Nov 46% 7% 4% May 4 17% Jun 7 Apr 23 Nov 3% 2.45 Mar Oct 53% 64 Jun Oct 20c Jun Jan Feb 6% Oct 4'A Aug. 10c 335 Nov 385 Feb Jan Feb 42% Nov 200 33A Nov 5% Jan a 250 8% 6% Mar Sep 23 202 11% 22% Oct 30% 799 17 May 31 Nov 200 40c Sep 55c Nov Jan 4% 185 3% Mar 6%' 975 5% Electric 1 Lighting Corp Petroleum preferred 4c Oil Corp 4c 12'A 'S 4% Oct 75 10% a 10% 13% a 13% 100 a46% 35 9% Sep 12% 13% Sep 17 Feb 6% Oct California Edison Co Ltd—25 preferred B 5%% 80 a Southern preferred C a 46% So Calif Gas Co 6% Southern Pacific Co pfd class A Apr Jan 8 Nov 1.90 95C Sep 18,450 7c July 10c 2,000 3c Jun 8c 634 Jan 20% Nov Nov Nov 400 370 Apr 29% 70 25% Mar 30 Va 26% 10 25 Jan 28 Va 373/4 415 33% May 40 32% 562 22 Va Apr 32% 1,550 1.15 Jun 20 34 % Jun 288 G% Apr — 1.95 40 2 2 40 — 7 " 7 % 16 6% Mar 8Va 20 3% 3% 350 3 a37% 37% 50 35 15 % 1G 85 10% May 20 20 200 17C 600 a8 — : — a al7c 2 Va 100 19% 20% 1,996 29 2% 19% 29 V8 889 2 Va Jan 3,425 373/4 25 25 25 0 6 Feb Jan 22% - 50 15 Va May 7% 35c. 23 22% Co. 2 144 Mar a26% ■ 32% Co 549 18c 25% com— Public Markets Inc.. 200 Oct a29% — common—-.1 --50 common— 0 Aeronautical 10c 12Vs 25 common 7% 1.10 10c 1 —10 common 17 7% y~{ —1 — 21c a21c 16 Va 10 1 Co. — 1 Safeway Stores Inc 0 Shell Union Oil Corp 15 Signal Oil & Gas Co class A——0 Signal Pet Co of Calif —1 Solar Aircraft Company 1 R.van 50 a common Steel Steel Jan lc Jun 4% 1 Corp Investment ' Republic -US 8% Nov 6% 6% 1 preferred... —25 preferred—.——-——25 Indemnity Co. ———10 Roberts 50 a29% a29% <• Apr lc 8 31% 52%c55c :■ 10c Co Petroleum Co Gas Richfield 8% Mar 25 all% al2 , 5% 310 8% 8% 30% 1st 5%% 1 5 Rubber, Jan 42 a22% 30% 0 Company— Aircraft Mfg Republic 28 160 al3 common July 15 4 Vs '-i 4V8 4Va/;// a22% 1 42c Nov % 380 a40 % a42 10 4.500 16c 16C ; 380 • 380 315 6% a6% ' — preferred————0 0 0 234 *■"■/ 56 a55 & Co——— Rubber Co / 977 22 ... — 1 Aug 470 : 20 20 Jan 75c 1.200 lc 93/4 64% 2 145 /: 7% /< lc 30 449 60c 8 Va May % July I % May 80 1.25 A 55c — Doc 350 % •••'/ % Nov 5% 225 ':29a/:- 29 1.25 '■j' Sen 3% May 5% — 1.25 2.20 1.35 July 3% 5% — 10 common High 3% — 1 Range Since January Low High —— Firestone Oct Sales Week's of Prices Low 1st Pacific Unlisted- Industrial Rayon common—; 47 compiled from official sales lists Bank—100 ——Z Finance Pacific 9% 9% : * 2 225 -- Corporation Pacific 25 » Tube. 1% Nov 426 — Co Angeles Merchants 66 .50 :_ i—— Sheet 270 a26% a26% r*./ - . Apr Mar 2 3% -1 • 10 IIV2 17% a367/a a36% 25 Inc Iron 22 % .« —— a 17% 10% 5 — 65 c 2% —;0 Petroleum Lincoln Menasco 250 11 a 11 . Dec 13 % 10 600 • 2 Corp————4 Corp Motor Car Pacific _v" class B Ohio Brass 1% Mar Aug 29S 95c 2% // Development Co Hudson 4%g ,a,375 y. —/ , 1 % Jan Mar 2 Sep Jan .15%' . '/. / , 1 800 1% 13 % — Hancock Oil Co common A 52 Feb 1 1 Va 82c 0 — common.—, McBean Lockheed Cemerit/Z/-/—-/_/_* Medusa: Portland , A Goodyear Tire & 33 . s'.,./ Co Motors Gladding 82 •. Mar Jan % 100 l'/e -Z. 50 -1 2 America—... of General Paint Corp Sep 10. •_*- ; 15% 45, 35% • ■ Steamship Jan Mar 33 -i' :■ preferredj___—_.-%//! A), cum :(M Interlake : - Aug 53 11 % 12 6 1% 90c 3% — Products Oil General 44 / 14%: 14% 27 Apr 99c — Corp.— Farmers & Merchants Nat'l 510 al2y4 al2V4 Co_^—//-—///-__25 Apr 19Va 5 —1 Douglas Aircraft Company— Jan 6 53 33 0 — R Oct 3 1 Va . 1 Oil Corp —- Creameries Jan 1,325 32% Jan Jan 1% ————...5 Corp Preferred ' Eaton : 1% July 2 2 ,_50c Company- Consolidated Steel 74% Mar July ,1,226 - Jan 2% Department Store Inc——0 Chrysler Jan 109% Nov 1% 85c 100 2 Sale Price Cessna Aircraft Company Dec 11% 55 5 ;/ Sep 4% Aug 6 Buckeye Union Oil preferred V t c_—1 7% Feb 8% Z 60 1% Dec 3% 99c • 90c common-—-——1 Oil Consolidated \ Feb 1 Va 60c 100 : Doc 2% May Jan 385 1% 2%. 13 Corp common———0 Chica Broadway High 5% July 145 10% 13 60 10% Finance Colonial Range Since January 1 Low al09%al09% $4.50 preferred—.. common—/— —Z Cliffs Corp 10% 13 111 Bolsa 110 1 Va 300 63c 2% 4 both inclusive, Dec. preferred—.—— 5%7<> Sales 6V« Sep Angeles Stock Exchange to Berkey & Gay Furniture Co. Blue Diamond Corp.. — a8% —_u.— Cleveland . 6V4 a8% —5 Body-—.—-. Manufacturing--— Fuel—:—Z Elec Apex . Petroleum Barker Bros Shares Nov Jan 1% 4 Inc Accessories Bandini High Feb 2 3/ July 1% Last for Week of Prices Sale Price STOCKS— 21V 2% 4 4% Nov botli inclusive, compiled from official sales lists ;f Jan 300 Friday Cleveland Stock Exchange Week's 17% Mar Feb Oct 60c 15c : 1 Los Nov. 28 Aircraft Friday '■/ / "Last Feb 1,600 ! 4 45c 1% 27% Par 28 to Dec. Feb 2j/3 — STOCKS— Nov. 65c Jan 1 2% 1% 0 common 17% 30C 19 V4 Sep 2 1% 0 — Aug 200 50c 1% — 0 B 13 6 1 —____1 B 1% July 350 1,100 1% 1% — Screw Products common— Wayne Jan 14 57c . 400 __ . common..--—-—0 class Cooler Co Jan 2 13 % 1% 3% common——1 common. Dist Shirt United Walker & Oct 2 V 1% __ ~ : . Dec 12 1% common.....—/ common;....;.,—/.I • Investment 300 12 41% 2% 2 common.'— Feb 63c ' Tivoli Brewing common— 3% Jan ... (Fred'k) Stearns 2% July .10% Apr May ——1 Tube class B Standard 2% 100 1 % common——_/_—/l common Nov 30% 26 W ' common 26% '4 300 //_/:.—„0',%/ common.- (HW) Raisin River Prod 21% May 2% common—.——* common 225 247 15c : Jan 24% 1% 2% 27% Nov 30 1 40% .■ 19% common Parker-Wolverine Nov 35 1.000 2 40% . 50c common Car Aug 1 40% 18% 0 2% 0 common— Jar. 77 765 40% 10 ——-—. Apr 30 Vb Mar 25% May 286 2 13H Aug 15 50c 1 1 V, common. Abrasive Motor Packard Oct 4% Feb Oct Nov 1,378 2,022 1% — ——1 common Casting Mid-West Oct Jan 2 4% 4% 3% 12 Z_ A preferred———0 class C) (R Sugar Apr 42 Va 25../ 10% 10% 1 1 —1 —_10 common— common—.— Mar 14 Jan 78c 17% 24% v:; __ Steel Tube common-/—-2% Jan Feb 1 11% Aug 2: 54 May 3 :T%. Silica common... Jun V4 y y 87 10 9% 9%: 1% Gas Motors Mfg - , Rolling Mil%—25 City Ice & Fuel — ——0 General Feb 22 % 1,122 '•/" 2% Oct Jan 8% 7 30% 3% 8 3/4 Nov 17 50 v 50% 29% 30% American Commbia J . uw: 1% 7% 25 % V 2% U Nov 50 8% —_/—10 Procter & Gamble common.-—, 9% 25 VH 0 — Nov 7% >•: 7% _//-.— ——0 Pumps Preferred 5% %*•' 6 Vb May 1% Jan 35 a Jan 77 Feb 21 ' A — 8! 9% Oct Jan/ / Nov 4% 1 2% 2% _/— Art 57 % 5 "4 7/A 7% —10 ———/ Kroger Manisch ewitz National "7% ,/_--//* Drug Engle-Picher Gibson •5% 5% 167 . Jan 86 Aug a/: 374 9% 3 % Mar 2. % Jan 68 ;. 44 .j 69 57% •;59r//;% Warehouse——l_25 ' / A0' Corp. 83 8 Va ————50 ' 70 2% 82 Va 83 —100 ——50 Cincinnati Crosiey 2% 5 ——— Cincinnati Gas & Electric pid //—,_/—_1 Michigan Range Since January 1 Jan/;..,:. 200 17% — common—10 Bearing S) (S 10 Michigan 19 100 4 Va / 1% Michigan 25 5% & McClanahan ,.95 A 11% 2% ;://// 1 common— Products Drug Mahon Low 21%: Nov 2 __ ——— High 20% Machinery— 20 ——————^.—8 Laundry Nov . Lakey Fdry & Mach common—-.——1 LaSalle Wines common— _2 Shares 50c 66% 4 '/a common common——•— & Lock Hurd for Week Sale Price STOCKS— Stove Brewing common Hoover Sales Week's Apr Jan 3 17% 20 General 14 15 46% 11% Finance 25% 100 262 — common—10 Oct 6% Mar 310 8% 45c 65 11% — General . 8% 45c 65 — — Kingston Last Nov Jan '6% 10% Aug Friday •• 21 % 15% 340 21 ■ bcc. 4 both inclusive, compiled from official sales lists ' Jan Nav Detroit-Michigan Cincinnati Stock Exchange to Nov 21 __ common.: Edison Kresge Nov. 28 : 21 8% — common—/-——-1 Cleveland <te Kinsel : Feb 1 4% Jan 44% Apr 235 24% 12% — 7% Feb 5 3'/a Aug 13% Mar 185 5%. Aug 3 19 ' 5% 5 500 _1 Ex-Cell-O Corp common —3 Gar Wood Industries common—_./—3 Geminer Manufacturing class B/ 1 Apr 31 382 Oct Jan 2% 300 4 Va common——10 Motors Detroit Nov 10% Apr 13% May 2.140 43% 43 7% 6 Va 4 Continental 28 % 11% Apr' 20% July 1,575 4% 7 12% High 6% common—— Detroit 540 14% 13 %' "3% 26 Jan Jun Low High Low 5 common Consolidated Paper Jan 3% Forge Drop Oct Oct 7% 750 *. 4:iit 4 —-1 —10 common— ' Atlas Oct 30% Jun Range Since January 1 Shares " Jan Apr 6% •'ZZZ:/-/ Par —.—0 Burroughs Adding Machine--—__■/;/• Burry Biscuit common--—12%c Chrysler Corp common—/—/,— 5 Jun 750 9% 43. 5'a — / Briggs Mfg 5% 250 •/■;■ 14 ' capital—25 .Standard Oil of New Jersey Baldwin Rubber common Jan f . 16% : 4 Jan 9 173/3 May 1,020 . 26 of America common— Republic Steel Corp common———♦ Standard Brands common—/——-/—0 67 '6111 6% 12, 16% ^ May . 170 19% " • 11%; ' Oct 53/4 225 5% 16% , 53 •21% 539 1.190 25 3b common_--___--.il •" capital-— (The) common— i° Inc 19 12 Jan < G 5% //, capital-.;-—1* RR Pictures Paramount Pullman —15// Corp,— Central York Jan 50 425 ; 29 • - • 6% %/ 6% 29 * 5% —'' " * 55':. ' 29 Us Co Nov 273A 730 53% 54% _-——l//: 6% Tnterlake Iron.Corp common ——* Martin (Glenn L) Co common—-l/"; Nash-JKelvinator 43 6% 28% 3% 750 43% ■ . common'——rr;".;. Corp Curtiss-Wright General . Apr 22% May 1,200 , Atchison Topeka & Santa Bethlehem 6% 25% V — Mining—— .50 Fe com—_100 Copper 6 25 Radiator k St San com.—.0 for Week Range of Prices Sale Price STOCKS— , Sales Week's Friday • American Exchange compiled from official sales lists 28 to Dec. 4 both inclusive, Nov. " Stocks—• Unlisted Associate Chicago Stock Exchange Ford Building Jan 634 Dec 1 York Curb New Detroit Stock Exchange Nov 81% a ,* Apr % 4 87 10 / 2 1% -■ 500 87% Members York Stock Exchange New Dec 20% 15%-May 200 : 4% 87% 4^» : • Jun 1% 75%* 77 % •// ■;// ; 1073/a 20 19% 20 —* 247 350 1% 2 v,: 2 109% 111 J.10% common——1 7% Co capital-——0 7 . capital——-J—5 /a':/'///-a Jr > Mach Radio Feb 76% 115 common- (Wm Zenith 10 Apr 200 Bankshares Yates-Amer Sep 18 % common—--" Woodall Industries common—2 Wriglcy 7% 58% 61% prior preferred--—;.—----0 Oil-O-Matic common-—2.—* Wisconsin 200 58% preferred—_____ 100 Watling, Lerchen & Co. Doc 9 Jun 527 \ • 17% 'Westinghouse Elec & Mfg common—50 Wieboldt Stores Inc common———0 Cumul 8 76% capital-—5 Transp Products Radio 76 V common——.—— cumulative 7% •; 7% High 40 y»: Oct '% Apr' 5 200 7411, 20 common: Lines Air Steel S capital Carbon <fc Co Gypsum Low 30% !• .211 « 9 9 25 common 39 7 39% capital//——-25 (J R) common.. -J——2 'Texas Range Since January 1 Shares High Low Par ■ for Week Range of Prices Sale Price STOCKS— 14 5c 1% 15 2% 40 8 34 8% Dec Feb, Oct Oct Nov Oct Dec Jan Jan May 5% Feb July 37 Va Nov Jun May Jun Apr 16 Va 24 17c 2% 21 Oct Jan Aug Feb. Nov 24% Mar 29% Nov Feb 27% Nov 27% 27 V* 203 23 31 — 31 274 25% Mar 31 Nov 14% 15% 875 10'A 18 Nov Jun Jl ♦ ♦ . Jl THE COMMERCIAL & FINANCIAL CHRONICLE 2028 Monday, December 7, 1942 other stock exchanges Week's Friday Last of Prices Low Par Oil Standard Western Pipe & 14 Va 1,046 Apr 28¥t Oct 5% 3,145 4 Jan 5% Oct 14% 4,671 15% 14% 7% -10 St. Louis Listed and Unlisted Securities High 26% -10 Steel Co— Low High 5% 5 V2 —25 Oil--—- Consolidated Universal Range Since January 1 Shares 26% 26 %" —2 Corp—. —— California—. of Oil Union of California— Co Transamerica Sales for Week Range. Sale Price STOCKS— 16 10 Apr 100 6 Apr 100 7% 16 18 ¥4 15 Apr Oct 8 ¥2 Edward D. Jones Oct Dec 16 Established Mining Stocks— Gold Cardinal Gold Zenda 5,000 lc Nov 6c Jan 10 3,000 lc Aug 4c July Members Sep New York Stock Exchange St. Louis Stock Exchange Nov Associate Member Chicago Mercantile Exchange New York Curb Exchange Associate ale 1 Company— lc lc Mining Co————1 Mining 705 Olive St., ST. LOUIS lc Black Mammoth Cons Mining Co-—10c 2%c 300 lc 5c Oct Chicago Stock Exch. Unlisted Stocks— Rad & Amer Std Sanl Corp a 5% 100 a5% 25% Anaconda Copper Mining Co — May 180 29 Jan a43% Commonwealth 145 185 14 ¥2 May 10% July 8 ¥a May 13% 11 Va Nov a34 a33% 34 35 31 39 ¥2 Jan a54¥a a53% 54% 138 60% Feb a25% a25% 25% '37% 152 "5 Electric International Loew's Inc Jan 27 ¥4 Oct 54 1% 1% 200 IVa May 2 ¥2 125 8 ¥2 Mar 9% 510 ft 26% 130 17 ¥4 a6% 6% 145 al% 1% 50 Jun Jun 6 Apr 9 Tel—, Apr 30 Apr 34% 2¥a Jan 6% 1,354 27% 358 44 44 125 26% May 37% Apr 13% 13% 29 10 ¥2 May 12 25 ¥4 Mar a 6¥a Nov 34 ¥4 Nov York Central RR— North American Aviation Packard — 82 12 275 a9% ———. 2% Paramount Pictures, Inc— Pennsylvania RR Co Pure Oil Co 34 11% 12 Inc——. Car Co Motor a33% a33Vs Montgomery Ward & Co—*———,•—, 10 Standard Oil Co Stone Swift & Corp _*» Jun Apr 58% 9V4 9% a3% 3% 50 a43y4 a42% 43 ¥4 56 6 ¥2 a514 ¥2 39 • a5% 2% 148 20% 111 31 a914 a914 9 ¥4 75 a76% a7414 76% 195 ~5 18 % 18 ¥4 24% ft 24 ¥2 25 46% 502 (Del)* Co*. U. S. Steel Corp Warner Bros Pictures Inc————5 73% Jan —10 14 13% 14 75- 14 17 17 25 May May 17 Dec 8 Mar Line preferred Bottling common——— ' 1 w*. common—-——*—5 1 '• ft"' 45% May 4% May 55 ¥4 Machine 6% —* common—*—*. — Alum Bonds-— •' ' •, 157 70% July 1% 50 IV2 Mar American Tel & Tel Low par ' —* 11% ,100 20 Preferred 25 70 64 ■; 1% Prior preferred *——*———*——ft* Electric Storage Battery—,———* General Motors.--— 10 ■■ (N Y) Apr 134 ¥2 Sep 16 ¥2 Jan 2¥a May 33's Jan 49 Jun 71 5% Sep 44¥8 23% % Feb 12¥4 Jun 20% Apr 34 ¥2 2% Jan 21% Apr 3% Dec 2V4 Jun 1% 1% 2 Va 260 -1 3% 3% 3% 1,493 Pennsylvania RR——* 1% 27 ¥2 -50 22 ¥4 22% 2,283 21% 1% . Apr 3 :/: 26 176 ' 32% 202 14% 50 11% Apr 16 Nov 26% 6 247 a Apr 28% Nov 50 25% Apr 38 Nov 187 43 ¥s 55% Jan Scott Paper 37¥a Sun Oil Preferred —--J— 49% -1 % ft -25 •' Improvement 213 ¥2 29% ¥4 953 13% •■/>/■ aV 98 4% iis 120 3% Apr ¥4 May U Oct •ft Mar 3% Jan II Oct July 11 9.864 102 ¥a 102% ft- Jun I 16 ¥8 Jan Jun 5% Jan preferred— ——.ft Mar 106% Jan *ift—..ft,fti.ft .20 23 23 25 15% Jun 24% Oct Westmoreland Inc —*ftft*____ftft. -10 13% 13% 12 10 ¥4 Jan 13% Nov common. , 102 % 92 Bonds— Amer Tel & —/ Tel 3s—— —1956 106% 106% $500 105¥4 Mar 108 Jan STOCKS— Week's ■ Sale Price Allegheny Ludlum Steel— * !- ——— of Prices 17% * —± r 5% 531 ' & Honolulu (A M)_ * — (D L) Candy ; Columbia Gas & Electric— Copperweld Steel Dusquesne Brewing Fort Pitt ,267 Walker ;; Jan 94 Oct Jan 59 ¥a Nov 69 395 13V2 128 90 ¥a 90% 90 ¥2 30 • Vanadium .For footnotes 6 837 30c 900 29 82 ¥4 50 79 ¥2 3% 3% 4 290 2% 2% 2% 775 9 9 35c 35c 33 14% 1 —— 1 Steel - 30c 29 • — 82 ¥4 10 see, page 74 • common Westinghouse Air Brake 654 25 Corp—, Glass Alloys 1% 5% 6 — —* preferred States * 7 1 Va 1% 10 — , 6% 1 Mountain Fuel Supply Fireproofing Corp com Pittsburgh Brewing preferred Pittsburgh Plate Glass——*. Shamrock Oil & Gas 250 1% 12% • National United , 1% 13 ¥2 ,CJ__ Bolt 40 100 McKinney Mfg & 9¥a 9 —* ! 2031. —• - C — — 15 81 ¥2 $400 7Va Apr 8% July 26 Nov 77 ¥4 July $1,000 85 ¥a Mar B 24 Ltd——* Ins 16% May 5 . 22% Jan Sep 7 ¥4 6% Mar 4 7 8% 2 ¥2 Jan 9% • Nov 11% Jun .■7% July Jan IV4 Apr , Feb 1% Jan 12 ¥2 Apr 16% Jan 83 Jun 97 6% Mar 1 % Nov Feb 10% Nov 2 Apr 4 ¥2 Apr 30c Sep 6 ¥8 Nov 70c Jan 23 30 Apr 55% Feb Jan 83% Nov 130 10 3% 1,450 10 . Moffatt United Can Co class. B.: 6% 2,25 — V :-- 1st preferred 1st 1st $5 div Tel —u- Tel & — Paraffine Co's common common—* : Soundvlew Pulp common—- Co common-— Southern Pacific Co • Dec Spring 100 * 15c Jan 40c Sep Standard OH Co of California— 33 200 32 May 34Va Mar 15 200 14 May 19 ¥a Co Valley preferred ser A^ Co Ltd Super Mold Corp capital Thomas Allec Corp class A-, 420 88 Jan 41% NOV 2.00 2.50 Mar Oct 14 311 12 July 85c 85c 100 40C Aug 9 515 8 ¥2 Nov 16 ¥4 Feb 915 31% Jan 43 ¥a Nov 3% Apr 41 ■ :' 4t% 4¥a 14. 10% 1,334 11 14% 14% : 15 ¥4 1.10 6 ¥2 14 8¥a Mar: 2,375 14% Jan Oct Jan July 30 410 12% 876 50c 600 40c 51 ¥2 52 273 33 Jun 15% 15% 185 10 Mar 6% 6 ¥2 17 6 Feb 8 Jun 9 -■ 30% 12 10% Apr 18 May 8¥a Mar 48c 9% 5 ¥2 Jun 9% Nov 12 ¥a Apr Apr 16% Nov 3 Jan 19% July 27% Jan . 6¥a 1.00 31 12% 5 . 5 , 8,. 2.75 2.75 810} .'.'ft .50:;.; . .. 100 ' 8 : i .15 Dec Jan Jan 1.90 Jan 9¥a Feb Jan 1.25 Nov 7% 31 Oct Dec 12% Dec .1 5 ¥» 9 ¥2 Aug 1.35 Dec 2.20 SeD 20% May 6 ¥4 May!ft r 3% May 7 175;. 920 { ;2.85 90c Dec July 5¥a Jan 24 ¥a Jan 5% Oct 767. 12% 15% 4% Oct 12:. 7 52 ■; 12% Aug 95c Aug 1,250 / Dec 55c Nov ¥4 May .611 i 6% 14 Mar 15 90c 477 : 15 30 31 4 767 1,022 ! . 30% Sep 446 J "4% 16% 1.00 .6% 7 1% 100; 1.05 1.00 — 120 2 1.65 14 ¥4 . 351.! 25 4% 1.00 6¥a 325.; • '2% 16% — : 16% 2% . 430 . 16% ' 24 Feb Nov Jan 2.90 Nov 15% Apr 24% Mar 24 Nov 29 ¥2 22% 29% 26%; 27 ¥a 610 | 22 Mar 27% Nov 25% 25% 148 J 21 Mar 25 ¥a Oct 1,399 I 22 ¥a Apr 34 Nov 23 | 90 Mar 101 Dec 2 ¥4 Mar 72 Apr 22% 22% 29% .27¥s . ¥• 1,673 762 | 32% 101 3% 91 ¥2 35 ¥2 3% 118 91 -' — 93% 1,300 32 ¥4 : 3%. 6%. 8% 6¥a ' 8% 3 210 63 1.90 10 —' 10 ¥2 6%: 3% I ft 304, (■ . 700 ! Jan Dec 3% Dec 1.50 Jan 6 ¥2 Nov 8 Apr 11 Jan Jan 64% Nov 31% 15% 2.10 1.20 Aug 15c 100 Dec 35 ¥2 . 8% , Oct Jan 25c Dec f Jan 11% May Mar 6% Apr 237 100 3% 101 22 ¥1 Mar 10 1,156- 30% Oct 3 ¥4 May .10 ¥2 Mar , Apr 5¥a Feb 16 ¥4 Oct .16 ¥4 265 i ¥4 14% 1,436 I 12% Aug 17 ¥a Jan 30 ¥2 30 ¥2 490 ! 25% Mar 31 Nov 10 ¥» 18 ¥a Nov 14 « — 15% . 14 ¥4 26% 10 .* 15 ¥2 . 70c 15% 2,168 I 4 4 4 • 70c 6% 15c 3% 16 — 237 63, 1.85 63 1.85 - 7.75) .. ' — . 499 J 35% 6 ¥2 " — .-15* Mar 12 76% Mar 15 ¥2 Jan 386 41% Jan 3% Nov Sep , Mar 10 2,450 80 ¥4 23 ¥4 2 ¥2 Mar 100 11 Va 2.00 Jan Aug 18% May 415 Oct Dec May 200 15c 5 25 10c Dec 14 1 3 Gas 3%'. —■---•■ * 54 ; 60c 21 ¥a ' 32 100 21 ¥4 May 4c 2,800 1.05 1.65 •. 50 2.35 — — 10 5,163 4c 101 9 Cal 16% Mar 32% 5% So 798 $4 , — Shell Union Oil 20 ¥2 39¥4 25 25 25 25 **"' Pig'n Whistle preferred-* ———* Puget Sound P & T common * Incorp common—**———1 R E & R Co Ltd preferred* —100 Republic Petroleum Co common— 1 Rheem Manufacturing Co—* — 1 Richfield Oil Corp common * Warrants Jan 2.25 *- —— Rayonier Ryan Aeronautical Co— Dec 35 79 ¥2 . 12 ¥4 10ft. Pacific Pub Serv common.*——.*—* Pac 27 Jun 9 —5 preferred preferred— Pacific Light Corp common-***.* 5% Sep Jan 25 10% -* Aggregates 5 ¥4 Jun 16 100 .3% 10% common—100 common 4 264 20% . class AA—" Filters Coast Oct Dec 27 1.00 — — — 10 3% 2¥a Mar Jan % July 27 4c — 7 1 Magnavox Co., Ltd— * 1 March Calculating Machine——5 Menasco Manufacturing Co common—1 Natomas Company * Invest 14 Feb 54 4c 1.05 1 Oil Cons— May 20% 20 ¥2 Libby McNeill & Libby American 1.60 27 — ——L Inc 103% Apr • 5 ¥4 5% , capital——10 capital——-* G) 7% Feb Jun 26% * Dec Feb 14 ¥4 3% —* 9 Jan 85c Lockheed Aircraft Corp— Jan 10% Nov Apr. % Sep 85 3% ■ (R 5% 127 100 Co Corp 710 400 1.50 14 ¥4 — — of Cal class A Co 1,300 1.50 14¥4 * common——10 Corp 3c '101 ¥2 103 1,50 -*———25 common.—----*—2¥2 1,920 , 101% —* 3% Aug 1% July 45 : --—2 High v: .8% '.'.'8%" 6% 7 r Range Since January 1 Low High 2.20 Oct 1.35 July 9c July 3c Jan 6% Apr 87/a Nov Shares 1.90 3c 3c .80 — Low 1.75 1.85 -1 _2o 5 Sales for Week Range of Prices ' - 50c ' LeTourneau 5 ¥2% High Exchange WcekV Sale Price Laundry M Oil Class Range Since January 1 617 8% 1 Jan 32 ¥2 91 55 81% Pacific Gas & Electric Co common—25 ' common: Lone Star Gas Pitts Screw 9 360 2 1* ——— Refrac Koppers Co preferred-. . 80 7 1% 9¥a 5 —— 9% • 5% 1% • - —10 Brewing-^ Harbison 9 ¥2 -* — Jan 47 82 90 ¥a 55 ■ . Byers Clark Dec 55 51 ¥2 15% Honolulu Plantation Co ——20 ft/ftHunt Brothers preferred———.—--10 Langendorf United Bak class A * -* F Home Pacific Low 18 44 90% 1964 Mining capital—1 Mining Co common—1 Pine Pacific High 17¥8 5% ' , 1 $1,300 Holly Development Oliver Sales for Week Shares Range Low Par ^ Blaw-Knox Co. Last 44 Jun Engine.— Edison Hancock Oil Co. O'Connor compiled from official sales lists Fricray Oct 101 21 -Occidental Insurance Co— Pittsburgh Slock Exchange '' Dec 4% Feb 93% July 290 Co capital—■■■/ Motors Hawaiian North r 2 ¥4 10% :' 3 25% Cotton Mills common—100 North American Nov. 28 to Dec. 4 both inclusive, Dec 50 735 9% 25 24% — . Westmoreland Coal $0 2 ¥4 ft. •: 2¥4 98 44 41% Genl Paint, Corp' common —* /.v/ft*/;/-, Golden State Co, Ltd 10% Greyhound Corp common*—*—* 14% 32% Dec Apr Apr /A; ¥8 Mar '. V'fe. 1,038 ¥a 13% 4¥a 127 430 • % ..*. .25 United Corp common--———. $3 preferred — United Gas 37% 49 .. Tonopah Mining *———ftft*. Transit Invest Corp common- Nov " 1941 Co— Merc General Feb 14% 32% .25 25 Oil Galland Nov Apr 26% . 6 ¥4 15¥a Mar Nov Corp-*.—-— Diesel Foster & Kleiser Oct Jun -50 ._—*—. Nov Dec 10 Dec 6 Fruit Corp preferred—100 Doernbecher Manufacturing Co——* Emporium Capwell Co. common——* Jan 4 ¥4 _50 common- preferred 5 ¥2 6 9 ¥4 44 -'Preferred' ———*—*———80; Jan Reading RR 1st Nov 100 12 130 98 ij Di Giorgio Jan 3% .50 158 14 ¥2 "9% • Crown Zellerbach Corp common—5 Jan 5 l 2% May 18% Oct Penna Salt Manufacturing**—, Phila Elec Pow 8 9 preferred— 158 Jan 145 Apr 13 300 Creameries of Amer Inc common—*1 43% NOV National Power & Light ——*—. Pennroad Corp voting trust ctfs—. i— Jan 9% Apr 275 6¥a ; Min Amer imp Commonwealth Nov 29% 332 > 2% 17 300 11 8% Sep Jan 6V4 income*—— Central Eureka Oct 287/a 140 3% :; 4% .50 Lehigh Valley RR Dec 14 ¥4 2 ¥4 v'. Carson Hill Gold Oct 1,145 23% 10 ¥4 6 California Packing Corp common——* Preferred.-————*-—;-—-—50 Nov 50 183/a 42 12% 10 ' 6 —„10 common; Accessories——-— California Ink Nov 7 ¥2 67 ¥2 Jan 35 - 13 14 ¥4 -1 : 1st mtge 5s**_—*1959 conv California Jan 12% : 97 ¥ 33% * 101% 929 18 40 ¥4 common—* Lehigh Coal & Navigation— 20 1% . 32% 41% — Horn & Hardart 1% . ,20"-' 12 12% • Byron Jackson Co ————1#i Calamba Sugar common———*-.20 Feb 200 65 ¥a 8 17 Feb California Art Tile class A 12 ¥a 210 7 ■' . ' 8 ' • Last High Jan 10 40 71 6% * *— 320/ 5 Bank of California N A——— Low 737 5 Curtis Pub Co common---—.**_*-—* ——**—. — Wheel Co—* Chrysler Corp Feb 16 26 60 STOCKS— Range Since January 1 9 ¥2 —10O Budd Apr 15% . 700: "•••'■. '.Friday,. Bishop Shares 2% 6 32 28 13 ft:! 15% Oct 2 for Week 15 Dec Dec May 14 ¥4 Sep 4% 27% 7% 'ft''' Sales 1,504 2% Dec 9% Nov 16 July 7% Anglo Calif National Bank—, 11% 15 Sep 8% May 12 100 4% 4% 101 95 100 40 San Francisco Stock Anglo 128¥a 130 % 128% Bankers Sec Corp preferred——-ft. -50 Budd .(E G) Mfg Co common—, 9 ¥4 16 Nov Nov. 28 to Dec. 4 both inclusive, compiled from official sales lists Atlas High 10% 10: 101 13 —1 common— Oct Philadelphia Stock Exchange Stores———————. 7% Mar ' — —100 — Scullin Steel 3s Nov. 28 to Dec. 4 both inclusive, compiled from official sales lists 'ft. 125 9 ¥4 .28 Par American 12% Dec .';/. 25-year 76% Nov 77% al% of Prices 6¥a Nov 16 —* common Pub Serv class A com**——1 St L Pub Serv Oct 22 Jan a 76% Sale Price 100 101 Portland Cement com—25 Aircraft STOCKS— 6 ¥4 '• * common—*—* common—ft*—————? Blanke Jan 420 Range 10 Jan 16 Va a77% Last 7 ¥4 12% 'ft — preferred———_100 —— , 6 ¥4 ' , Brew Oct ¥4 Mar 6% Friday • -■ Nov ^4 Nov 46% 6% Week's V. Wagner Electric common*———15 Oct 18 ¥8 17 common Feb 34% 24% 6% Westinghouse Elec & Manufacturing_50 Willys-Overland Motors Inc—, I 10 Dec Stix Baer & Fuller 6¥a NOV 24% Jan Jun: 14 Steel Sterling 36% July Sep 53 Preferred Jan Sep 8% Mar 200 a ■ 15 Scruggs-VB Inc 1st preferred—**—100 Dec . 14 Brew St. Louis 43% Oct 62% Mar 365 aa 8 ¥4 50 .24% —*:—. -5 ; 5 15 Bearing Metals common.*—* Candy common— Rice-Stix Dry Goods common**—* St Louis Car common—*——*—10 Nov Mar 4'% 21% .10 - 31¥a July 39% — Apr Feb 1 Electric Missouri Nov 9 ¥2 33% National 20 5 , a24% Corp (The) 6% Mar 771 a3% 4 ¥2 Jan Oct Nov National 17% Mar 44 a21% Co United Aircraft Corp U S Rubber Feb 13% a39% Union Carbide & Carbon Corp*. United Air Lines Transport——. United 2% 75 25 I*/**.* Oil 68 506 Nov 7 4% 28 ¥b Shoe Meyer Nov 62% j—. .25 i 10% 14% a614 - 8% Mar 50 a59% 9¥a 25 -1 Assoc Oct al3% a59 % ft—v—. Texas Corp (The)—— Tide Water 17¥2 Jun '5 ' 93 Landis 25% Nov 50 207 4% (New Jersey)— Co 14% Mar 20 16% 40 Feb 35 250 Laclede Oct 22% ;■ * Jan 2% 9% —— & Webster Inc— Studebaker 13 ¥2 May 22% Republic Steel Corp-——-——,—. Sears, Roebuck & Co*—*—— 15 Socony-Vacuum Oil Co Standard Brands Inc May 2 Range Since January 1 Low High . ' 50. 29% International Oct 10 al6% Radio Corporation of America*—*— 12 ¥2 90 *1 ——— Jun 580 2% 50 *. 6% 5 1 Hussmann-Ligonier common——— ■ New :' 29 Griesedieck-West Mar " ■■ 29% General Shoe common- Feb 44% Shares 40 * Pepper common Emerson 31% Oct 18 Inc.—— Dr. 39% common Mfg Columbia 39% ' Coca-Cola Nov 5% preferred___50 ^ Chic & Sou Air Nov 24% 27% —-—, Robbins 22 ¥4 115 5% —_*—. —— 275 35 27% **_ Corp 29 y4 3414 59 High common Shoe Burkart Nov ;'i% Nov Investors Common Brown July 29 a American Jan 1 ¥2 for Week of Prices " ft Nov 23 , Low lists Sales Week!* Range . Sale Price Par Oct a26V4 -1 . STOCKS— Nov 9% V4 a26% Last Oct 3 ¥t Exchange sales Friday Oct. 38% 22 ¥4 9% Co„ Tel & McKesson & : ! 33% Mar, 2 ¥4 July 85 3% ... Corp———, Copper Aug 53% Sep a3% Light Corp—*_„. General Foods Kennecott a37 Va Corp——— * St. Louis Stock Feb 50 *_—— Corp, Curtiss-Wright Elec Power & 18 ¥2 Mar 18% 11% Corp** (Del)-———. -5 Co Postal Long Distance Bell Teletype SL 593 Oct 12% Southern & Oil Phone CEntral 7600 Chicago Board of Trade Oct 53 al8% — Corp*— Solvents Continental General Elec & Gas Commercial Oct 28 ¥4 all% Caterpillar, Tractor Co—**,——.ft—_. __<■ ZII10 Cities Service Company— Columbia 44% 130 ¥2 Apr all 1/4 * — 24 a44Va ,_5 Bethlehem Steel Corp.—— Corp 103 330 25% —5 —- Bendix Aviation COrp——., Borg-Warner 6% Jan 185 668 25% . 7l3 Baldwin Locomotive Works vtc Barnsdall Oil 4¥a .6% al28% 130% al28% -,50 Co—— Atchison, Topeka & Santa Fe Ry__ 100 Atlantic Refining Co (The).—— American Tel & Tel Co— Co. & 1922 i 147 27 1,998 .15% 70c ft Jun Dec , 6 Feb 18 ¥a Mar 175, 50 4 , : 28 ¥4 Oct 11% 21 Jan 60c Apr Feb 72c Nov 2029 CHRONICLE THE COMMERCIAL & FINANCIAL Number 4131 Volume 156 OTHER STOCK EXCHANGES Friday Last Range Oil Union Checker Yellow 8% Feb Kennecott 5% 4 Jan 5% Oct Matson 14% 6,926 3,192 73/4 403 3, 550 73/4 175 8% 8% 1 & M 8% Oct 3% Jan Mountain Jan New Dec North 15% 12 10% May 6 8% Apr 13 Jun 173/4 Sep 24 Oct 31 Jan M Tel American Tel_——100 & Anaconda Aviation Cal 43% 198 Hill Delcapital of Inc., Trading Service 3 46c 50c 9% 2V2 preferred Corp Co 3 '9% 80c —* 60c 150 80c v 75c 85c Nov Apr 11% Jan 814 785 1.00 July Apr Bond CO— Corp Mary Mines Nickel International Feb Sep 53/4 4% Jun 6% Mar 4% 4% 100 4% Dec 8% class Cement Co Riverside Schumach Wall Bd of Canada 17% Preferred 3 % Nov Oct 14 4% May Oct Standard 6% 75 1% 359 293/8 3% International Tel & Tel common——* May 8% Oct % £pr 2% Nov 860 22% Apr 30% 1,462 1.75 Oct 214 143 6 Oct Westates 6 3A Jan Nov 29% Mar 583 Oct 43 % Dec 32% Jan May 1.55 Nov 244 44% Jun 55% Jan 200 2.10 July 3% Jan 8c Apr 24% 8,500 47% 2.20 80c ; 60c 800 1.00 Mar 4c 424 6c 90c Oct Jan 5 Apr 30% 220 24% 1.55 6c 95c 1 Preferred Mar 3 261 2.20 Feb 25 136 4% 43% 6c —1 common Feb 23 Jan 29% a 46% • : common——5 Sugar Co Petroleum Oct 20% 15 24% Nov Apr 684 1.50 1.55 4% 16 Nov 20% 4% Nov 9% 391 43 N United States Steel common Utah-Idaho Nov 30% of 25% 6% May 9% 29% : * J———25 United Aircraft Corp common 5 U S Petroleum Co———J——-1 Oil Oct 17 140 18 Jun 19 327 20% 25 preferred Jan 4 25% July 480 28 6 6 •' 6% ■/ 9% Standard Brands Inc—: 6% 28 * 4% *• Socony-Vacuum Oil capital — 15 So Calif Edison Ltd common————25 16 ft 2.85 1 * A common———— 2% Aug < Oct 1% Mar 1% Sep ' 2% a28% : 100 13% 11% Mar 1%' 5 2% 100 1% —l ' Feb 275 a6% Corp Share' Co—__ Electric General Idaho & Dec 2 330 a 6% Curtiss-Wright Corp Elec 16% 310 53/4 313 7 Oct Feb 9 % Mar 4% :: 274 " Oil 14 10 13% Cons 3% 15 • 6% 59 167 , 4% Utah 15% 3% _10 common— Consolidated Edison Co of N Y__ Consolidated Jan Feb 30c 1,765 93/4 4% 10% 13% Republic Steel Corp common 52% Oct Apr Dec * Radio Jan ; Jan 10% Pennsylvania RR ————————50 Corp of America—;————* NOV Jan Oct 13% 1% 29% 2% May Jan May 10 22% 28 V4 • Nov 2.60 12 % 1% 1% —1 Mines.—. Apr 29% 170 3 46c —3 1 Sullivan-—- & 43% 31% a22% Park Nov May 2314 May 327 ——luy 2% Nov 24 245 25% 2% 6% 674 29% a25 Corp Pac Cities 128 "A 130 % a 16% 129% 33/4 104% a29 Co., Bunker '■ Apr 7% May " 410 13 16 % Ltd Apr 8 ■ —14 Atchison Top & Santa Fe & 6 Copper Mining———50 American Viscose Corp Blair a6 8% 12% Co Co Sugar Nov 1.40 May 115 common——10 Sugar Packard '■; ■"<:' 'v--."':.'. Sntry---^-.--— St & Rad Am 10% common.,———-10 American Oahu 10c 24% 580 a9% . Mar Apr 600 12 May 5c 342 1.75 Co—; ——20 Motor Co common————* North 24 11% 12 Aviation———.—— 1 American 20 Jan 36% 2,000 34% a33 % City York 27% May 189 8C 1.75 Copper——.——5c Central RR capital—-—* 335 23 6c Montgomery Ward & Co Jun 27% 23 6c High Low High a26% 1 Cons— Oct Mar Onomea Unlisted— M & May 130 15,% Navigation Co 6 1.95 96 28 J Low Par . common.——* ——_* Copper Corp 10 ? 10 15% 28 1———50 ser 10% 14 3 common— Co Cab Jun 7% 14% Co Equipment 8 7% -25 Oil———10 California of Co _1 Preferred -I————-5 Western Dept Stores 7% preferred—25 Western Pipe & Steel Co ——10 Victor 510 5% 5% Consolidated Universal 9% 3 Corp———2 Transamerlca 1' High 9 Oil common—10 Water Associated Range Since January 1 Shares ' Low hm low Par Tide for Week Range of Prices Sale Price STOCKS— Range Since January 1 Shares of Prices Sale Trice STOCKS— Last for Week Sales Week's Friday Sales Week's Oct 1.10 Sep CANADIAN MARKETS —Listed and Unlisted Friday Montreal Slock Exchange ■Nov. 28 '"' Dec. to Range /V.,:/ for Week Shares Range STOCKS— of Prices Sale Price Par Alberta Pacific Grain Preferred 1 Bathurst Power & common Paper A T L Class Gold Bulolo Dredging Canada Cement Preferred 15 50 13% Aug 17% Jan 13 Canadian 7% Canadian Jan Sep 102 Sep 20 .96 70 91% 20 112 16% 931 "■ Preferred 4% Mar 7% Nov 27 27 147 130 130 10 17 %•'V 25 130 ' — 17 .! Corp & Nov Dec 8% 5 125 Jun 5% 7,528 8'% .( : Nov 115 95 Jan 20% Oct 24 13 470 10 July 117 150 112 Mar Dec 97% 345 2 150 Mar Jan 15% 117 Aug 152% May Jan 7% 8% 2,501 6 % Jan 9 Vs Jan 5% 5% 975 4 Jun 6 Oct 5% 5% 210 3%. Feb 89 89 71 71 45 . , 85 500 > . 50c 200 6 285 2% 50 22% 50 Foundation Co of Canada—..* 15% 7% 20% i Oct 15 7% 17 12 July 475 5 Jan 50c Dec Jan 3% Jan 27 V- 19% Feb y 16 Jan 8 5% preferred Preferred Gypsum, Hamilton —* . _._* — , 45 63 1,960 5 Apr common.. British Oil Co Ltd Columbia Packers Canada 84 Aug 92 Jan 2 Feb 5 Nov 4% 4% 1,965 2% Apr? 4% Dec 4% 5% 1,690 2% Feb 5% Dec 8.25 8.20 11 'i Bay Mining——.; Industrial i:1 Bronze Preferred • common..——* Power Preferred Preferred Ltd Legare Lindsay (C W) ; 100 / 18 7 Jan Jan 93% Oct Apr 28 Jan 7% Mar 10% Nov 9% 12% 6% 6% 10 V Jun Apr ■/ Jan Jan 7 Apr 11% Dec Apr 12 Jan 20 Feb 29 Apr 11% Mar ;• 23;.:' Sep 36 Jan 16% Dec 110 2 Aug 6 91 41 87 Jun 91 20 570 15% Aug 20 10 115 July 13 25 8 Jun 8 8 15 8 Feb. Jan .. 9 7 7 : Jan 100 22 1,425 • V - 13 118 ; v — Sep 10% 14 Oct 6 6 91 8 120 16% - 5.80 1,445 22 32% 14% 20 commonl._* 1.550 11% 11 21% (John A.) preferred 40 7 7 32 .j._—_____—100 & Sons Ltd Lang 997 32Vs 16'% — Lake of the Woods Milling common—_• / 11% 11 ?;■: r 6 ..100 — 1,886 22 4---——i.—■ 44..-.—25 International Petroleum Co Ltd International 1,095 10% 11 common—„ .International Nickel of Canada com.."7;' , 26 11 11% Corp..— Acceptance 110 97% 10% 10% 4—£1 International 220 25% _• Imperial Oil Ltd —_• -Imperial Tobacco of Canada common_5 Preferred ■C'; 11% 97% 100 Preferred Hudson 580 8.25 ' 118 -V-; 50 7 5% 118 13 V Dec Nov Dec Jun Dec Aug Oct ' • i_—.—4.....4% McColl-Frontenac Oil —L..—;____* 5% Mont iiight Heat & Power Cons.23% Montreal Telegraph ^..'...40 • 4% Massey-Harris • Montreal • Tramways National i Steel Car Wire Niagara Weaving., Noranda Mines Ltd Ogilvie Flour Mills Ltd Penmans - Corp of Price 5% , Bros & Ltd Co preferred St Lawrence 25%' 26 31 32% 400 14 15 % 180 10 2,041 > 60 . 1,055 Apr 21 Dec 21% Oct 26 Jan 29 Apr 34 Jan Sep 17% Feb 12 52 Jan 22 ;_l Jan 5% * 8% 40% 35% Oct 22 485 11% Sep 42 170 36 Oct 7 ' • 7 200 5 Jun 5% 5'% 145 3 Mar 8% 1,630 6 Sep 11 Jan 5 54 Nov 70 Feb 235 11 Apr 13% Nov 103 Nov 106% 2 8 58 13 13% 103 13% common......—1.50 58 105 % 120 1.50 1,615 1.40 1.00 Aug 1 Consolidated Div Paper Farmer Candy Shops Ford Motor Fraser of Canada trust $1 * see page 2031. * — 11. 10% -- ———— preferred—2. High 75c May Mar Nov 7 Jan Sen 109 Jan 111% Aug 118 1.50 Apr 3% 80 9% 13 Jan 110% Nov 9% Jan 17% Mar 13% 13 32 Jan 37 Feb 85 May Nov' Dec Mar 108 % Nov 1.45 Apr 1.00 Aug 25% 31 Oct 7% 6% Mar 127% 161 Oct 45c Apr 1.00 Apr 90c Jan Dec Jan Nov 1.25'Jun Jun 2% Jan Nov 20% July 75 Jan 17 Apr 106 Jun 2% 105% Mar 3% July . 21 Jan 27 15c Nov 20c July Jun Feb 2% Dec 5% Mar 6% Nov 1.90 Aldermac Copper Corp Aug Jan Francoeur Gold Mines Gold 6 Shore Mines Ltd Mines Ltd 7 Sep 13% Jan Nov 10 Apr O'Brien — Malartic Goldfields 8% Gold Mines —— Ltd 12% 21% Dec 3% Dec 20% Dec 12 Jan Aug 8c 8%c i'nno 19 "./'-..r. 1/2C — — — : -- 4.50 -- ' -- 50c 49 , ^ ; 1/2C 3c i-*4 66c 66c 3.25 3.25 29c 20c 4.50 4.50 99.75 2-l9 2^9 1.b.° l/l° 50c 50c 13% 90c Dec 50c Sep 1.50 2 1.10 Dec 2% Dec 3% Nov July Apr 10 5 % May 11% ■ Feb Nov 16 Sep Jan Feb 3% Nov 3% Apr 10% Dec 10% Apr 14 1.75 Mar . 1.00 July •v Dec 1.00 July 11% 15% Nov 75c Apr 75c Apr 13 • Jan Apr 17 39% Apr 45 2 Mar Oct 4% Apr 3% Dec Feb Jun 33% Mar 6 Jan Jan 4 Jan 2 Nov 2 Nov Jan 103% - 4 Feb Dec '222 1 %c 3c 2UU I99 200 2uu '222 100 150 8 ^22 8,600 Q 2 Apr 40 Jun 50 % Jan 18%. Mar 19% Feb 7%c July 19 ^ 245 1UU 48% Jan Nov Apr 100 A 49 4 Aug 4 10 — . 1 1 1 ; 1 *' 2U 4-. 2 4 2 — - ^ A -r Ltd— Mines Ltd. Nov 90c 5 32 32 ; Mines Ltd—— Gold 8 % 30 1 Central Cadillac Gold Mines Ltd-1.00 East Malartic Mines Ltd 1 Eldorado Gold Mines Ltd 1.00 Falconbridge Nickel Mines Ltd —* Beaufor Nov 7% Aug 910 40 Feb 1.50 May 7% 5 0 Dec 25% 2% Mar 448 , Jan 14 % Mar 150 — * Ltd Dec 2 6% 15 -V/., 10 27 225 23 Apr 7 _10 . Oct Oct 85c 865 '<-8 108 2% 3% 8 15/2 - 3% June Nov Mar 20 iuu 25 2% I0V2 1.65 871 !!! 3'% 8 15 /2 — 15c Apr 17% '5 l.iu 1.10 3V2 lc 1,0^2 11% \ ?n , w * Dec 13 : Range Since January 1 50c ..100 50 ^3% 11% 21% ^ IVz- 3% ,.5 2° 20 % ■ 10% 10% * / 7 12 ■ 1.50 8/2 21% * — 5% Macassa footnotes /— ■ Dec — 3% Securities cumulative 16% For lists sales 30 3% 11% — . common——* Mines— Feb ; * Jan 1,720 1.50 8% Inc..—1 Ltd A—.; 23 20 —.— Aviation Ltd—..:—. Power Corp 6% 2nd preferred.. 50 . Provincial Transport Co.— w Quebec Tel & Power Corp class A—* Sarnia Bridge Co Ltd class B_ Southern Canada Power 6% pfd 100 United Securities Ltd—._ 100 Walker-Gooderham & Worts (H) com.* 12% 50 153% 5,074 Noorduyn 1,716 160 2% — 16% 8'/a 6'% 15c -. 16 8% Sep 750 670 100 3% 3% Class A preferred——..—— ~~ J 10 Massey-Harris Co Ltd 5% pfd ^^.100 14 13% 14 Melchers Distilleries Ltd.. *.'/•; -7 /-OO 1.00 Mitchell, Robert Co Ltd ——*. 15% 15% 15% Montreal Refrig & Storage vot trust..* <5c 75c 75c $3 cumulative preferred.. -* 1" 1" 17 Moore Corp Ltd———r—41% ; 42 30 8V2 Apr 116 1,200 21% 23% -23 23% Corp.. * International Paints (Can) Ltd cl A—* International Utilities Corp class A—* Lake St John Power & Paper——* MacLaren Power & Paper Co. —* Maple Leaf Milling Co Ltd common—* Hydro-Electric Shawinigan Water & Power........16 — Ltd — Colleries Hillcrest Lake .1* - 15c 2% 2% 3% Companies Voting Jan Canada -- Aircraft Ltd 43 of 3% 23 2% 6% 15c 2% Ltd.— * 7% preferred—100 tFanny Fleet Jun Sons, common 85c 1.25 15c — Paper Co Dairies Ltd 24 % & 23 15c 2% ....20 Preferred Donnacona 160 Williams common...— Eastern 30 (H) — * Sec Woollens Dominion 30 Sherwin — Engineering Works Ltd—* Oilcloth & Linoleum Co7—* Kerr Addison Simon class A Corp Ltd — Jan St Lawrence Paper preferred——100 7%'V 152 7% 151 35c 1.25 3% 22 -— —5 —* Preferred 15% * : & Oct 12 — Electric Corp Ltd——...* Commercial Alcohols Ltd common—* City Gas 8% __50 214 273% 306 683 10 2,399 360 103 18 825 440 75 56 200 10 85 90 75 75 107% 107% 1.25 1.25 27% 28 % 1.25 28 7% 152 —- - - 385 preferred...— — 17c Corp Power Northern 12 A Feb Jan Oct 160 9% 17% 17 16% 37 9% 16% 17 14% 36% 16% 37 7— pfd. 100 Canada Wire & Cable 6%% pfd —100 Canadian Breweries Ltd common.—* Preferred * Canadian General Investments Ltd—* Canadian Industries, Ltd., class B——* Canadian Marconi Co— .1 Canadian Power & Paper Inv 5% pfd.® .Canadian Vickers Ltd common —* Preferred 100 Can 11% Class Apr 152 1,006 100 10 Jan 48 39% 21 preferred.........100 Corp Jan " ' 41 ;j Power Saguenay Dec 24% 21 21 ——.100 Quebec Power 23% Apr 20 25 21 40 common. Mar 2,947 23% 23% — Canada.. 2% May Dec 22% _:__* Development L__ Power Oct 6% 15% — i. 2.551 4% 32% ' ...z._* common.: commoni— Placer • _* 6% 2%- Apr 23% 21 common—.——• Corp 5% 1,538 26 .100 Breweries National , 4% 101 116 1.60 , 11.0% llO'/a _L — 17%: Ltd Canada Malting Co Dominion 25 IV/2 Mines Ltd— Sugar Co Dominion & — * * * * Corp Power American ■ 100 1st pfd—— Beatty Bros 6% Dominion 32 5 150 188 1,695 95% 116 1.60 Nov 5 —5 Gold v; 90 Howard Smith Paper common——* /Hollinger 7 ■//., 5 — 5% 100 Ltd. Aluminium Dec 80 Apr 7 90 90 ...4% Lime & Alabastine Bridge 80 6% 6% ,100 common....... 75% — common——." — (Charles) Gurd —4——il00 ——; Wares Steel General Jun Sep 2,855 * 6% cumulative preferred———100 Bathurst Power & Paper Co Ltd "B".a — Consolidated 8 12 Dec Feb . Jan /J 6 Nov 160 Jan 6 Apr 15% 15% Gatineau Power common—_———_* 30c 15% 15% . 82 2% July 22% ' Nov • 2% May 2% — 89% Apr 5% 50c- .— 1 Nov Aug 3% :. , 5% Aug 66 90 : 5 4% 5 . 65c 4% Beauharnois 23% 151 Oct Jan Low 60c — 5% British 97% 151 Sep Oct 60 Sep Shares 100 preferred 6% Dec 23 12% . High Low common—* & Paper Power Jan 97% Range of Prices Sale Price ' 89 —_i.* Abitibi 39 21% Mar 3% 21 % Sales for Week Week's Last Par 27 32% Aug 602 Nov 8% .. 5% • ———* Corp 8% Jan 567 37 27 Prod—.... Electric class A Players Canadian % 4% 27 4— „— Heating 4 Mar 5% v- .—.100 Dairies — Electrolux Mar 3 8% „* ——- 3 935 36% 151 —25 common.. — 1,595 114 ...—...100 ——— Textile Dec 231/4 4% 7% ' Tar & Chemical common—* Preferred Jan 4% 8 ——100 Dominion 15 102 % Mar July 4% 8 100 B Jun 100 v STOCKS— V/Vr Y Mar 4 36% Ltd.. Nov 17 145 23 % 23 23 % 130 42 100 100 . 23 Friday Jun Mar 15% 126 inclusive, compiled from official 28 to Dec. 4 both Nov. . 27 21% Mar 120 — 46 19 21 Oct 3% Montreal Curb Market Nov 27 % Stores Dr.vden Paper Dec 21% Mar —27 common. • 115 118 125 126 __ Canada—..——100 Royal Bank of Dec Apr 475 25 — Nova Dec 33 27 % May 649 Steel Dominion 25% 475 7% 100 common Coal 330 27% 4% & 30% • Bank i' 127 Commerce . 15 Dec NOV 47 Dec .% 8% 30 % 5% Mar ..100 of Montreal--.-—----—.——100 Scotia (Bank of) 1— —100 of Bank „ Dec 4 % 10% Oct 880 12 128 127% 143 222 Nov 25 Apr 5% Mar 55 Feb 128 127 143 222 Jun 1.75 85c ". Nov 7% .———100 ——— 1,307 33 ' 31 , Glass 8% 12 — Banks— 80c 675 73 5 , Jun Apr 2,778 3 20 60 Jun 70 Jan 7% Apr 27% Investment . 4 7% Dominion Famous Jan 5 27*4 Dominion English 12 Oct Bridge ——23% preferred —.25 13 Dominion Enamel Mar 3% 93% . » Dominion Coai Eastern 5 375 —————————* Preferred Dominion 400 4% 8% common.———1UJ Seagrams 13% May 11% 30 Consolidated Mining & Smelting Distillers Jan 33 Pacific Railway Plow . • Class B——— Canadian 11% 4% 8% com.™.* Canadian Industrial Alcohol class A„* Cockshutt 185 25 — Foreign Canadian _* common Cottons Canadian Nov 2.00 13% 7 50 preferred Converters Canadienne 12% - common—————* (Banque Nationale).,—100 Ltd Zellers 225 3% 2% 19 60 12 — 2-5 10% 63% Feb Mar Nov Nov Mar Feb July 110 2% 3 20 High 9 58 65 1.75 12 3 35 25 55 100 2 4% 46% 4V8 46 3% 0 ——— Dec Apr 4% — —* Preferred 100 Woods Manufacturing preferred——100 Dec May 25 —— Winnipeg Electric class A_— Class B ! Jan 1.00 — * —-—-—* Corp. Cotton 13 % 22% 0 ———.100 common—..—.. ... Steel United Wabasso 150% 303 2 2 Preferred ; , — - Brothers Tooke Jan 6% 18 6% ir 7 — * — 235 11% Canadian Car & Foundry common Celanese 124% Aug 8,963 20 . Preferred Jan 13 % 4% 100 Canadian Bronze common.......; Canadian 14 % 233 143 10% Aug 22% - 13% Corp——_* Steamship common preferred participating 990 13% 11% —. Power Canada 7% Dec 141 2 ___• —_ class A Northern Canada I —— Canada Forgings 5% 22 5.00 — common. Apr 16% Aug 22% ;_——* Building Products class A. 9% 7% Nov 719 13% * ——— Dec 15 143 • B 35 % May 200 13% 100 P & Dec 8 Columbia Power Corp class A.* British 1.10 . 22 / „ • Telephone Co of Canada Brazilian 23 10 35% Sep 21 21% * », 25c 225 8 • . 1.10 35% __ Range Since January 1 Low High High 1.10 ———* common Breweries Low * — Corp Associated Bell A— — Algoma Steel Asbestos class Shares — January 1 Low 10 61 66 1.75 25 10 61 66 1.75 — of Canada Co Preferred for Week Last • Steel Range Since High Low Power—————* common—.—* 1 -25 Canada Southern Sales Week's Friday .. z, Par inclusive, compiled from official sales lists both 4 Sales Week's of Prices Last Sale Price STOCKS— 16 %c l%c 2c 3c Mar 5c Jan 73c Oct 32c Feb 2.40 15c Jan Dec May Oct Oct 2.24 66c 3.25 41c Jan Dec Dec Jan Dec 2.90 Oct 4.50 6.60 Oct1 11% 1.42 Oct 2.80^Jan 1.00 Oct 2.22 36c Oct 75c Jan Jan Feb : THE COMMERCIAL & FINANCIAL CHRONICLE 2030 CANADIAN MARKETS Week's for Week Shares Last Sale Price Mines—(Continued) Mines Sherritt-Gordon High 2.40 2.40 850 1 80c 80c 900 46c Oct. Ltd-,—_ -1 Consolidated High General 1.31 Jan God's Lake Mines Ltd 2,225 60c Aug 87c Jan 4,110 25c Oct 49c Jan Gold 60c 60c 1,750 38c Oct 65c Jan Golden 1.69 1.69 100 1 83c 83c 500 ... 60c 1.25 2.20 1.18 Jan Preferred V t Oil Home Ltd Co * Ltd Co Oil 40c July 44c Dec Great 100 15c Apr 23c Dec Gunnar 2.25 2.40 ° — 200 23c 2.50 3.175 1,500 23c Homestead Oil & Gas Ltd—————1 Royalite 44c 23c 2%c. 2%e 0 1 20% 20% 20% 2.05 July 2.70 Jan 2c 16% 179 20% West Saddlery Gold Hallnor Dec Mines 28 to Dec. 4 both Friday Week's Last STOCKS- of Prices Par Abitibi Power $% <fc Paper common-—*' preferred Ajax Oil Gas— & Aldermac Ltd Algoma Corp_ —— Aunor Gold Ltd Mines Bank Bank of Bank of Toronto Bread Bathurst .Class Bear & Paper class & A Corp Mines British Dominion 103 10 Feb 102 103 1.47 145 145 10 125 222 222 5 212 Oct ; 215 215 20 215 Dec 2 12 Apr • 18% 8'Ac 8%C 21 10 10'A Sep 14% 2c Dec 2c 9%C 14,000 65C 2,200 12 12 250 HO'/k 110% 90 2'Ac _1 6 'A 110 10 208 110'A 110'/a 150% 10C 5 8c 15,000 7c 7'Ac 29,200 7.00 7.00 300 4.40 Oct 9.30 Jan 5,540 6% Jan 13'A Dec 4'Ac Mar 2'A Apr 23 Oct 32'A 6c Mar 12 %c Jun 5c Oct 32'Ac Jan 827 13 165 18 May 22'A 9 Juiy 29 Apr 38c 36c 39c 14,850 21 %c Oct 61C 4%c 4%c 4,200 4c 1.41 1.35 1.45 3,200 91c 3c 3c 3c 3,000 lc Mar ——* 13 18 Apr Mines-——0 preferred 8 8 8% 75 21% 22 45 21'A 8% 8% 9 40 8'A 142; 1.10 1.16 1,925 80c 21c 8,850 11c Canada —* 2%. 2% __>* 4% 4'A 4% _100 94 93 94 —— — , Canada Malting •Canada Co Northern cl A * 20 18 % Steamship 36 37 7 6% 7 78% 79 8% 8'A 8% 30'A 30 class - A—, *. Breweries Preferred Canadian Class common———* A _20 ——* - Foundry Canadian Gen Indus * Canadian'oil Canadian Co Gold Mines— coihmon Pacific — 20'A Nov 37'A 270 968 347 Consolidated Denison Nickle Distillers Dome Mines Corp-Segrams Foundries Dominion Steel Dominion Dom & 40 & Crest Eastern Gold Famous Sep 5 Jun 45c Oct 8 790 8% —,—J 21c 1,500 18c 1,048 43c 10 172 589 5% 5% 370 1.60 75 8 8'A 200 0 11'A 11% 6'A 6'A 65c 63c 11% 6'A 65c 25 12 4,585 25 5 5 5 50 •* 3.40 3.20 3.40 2,200 * 16 16 22% 21 22% 265 3'A 3% 3'A 823 5% * preferred 100 page 2031. 29 " Oils Mines.—— 1 ; 2,000 92 10 50 t '•31 Pacific Oils 32c 4'A 3'A Page Hersey Tubes Ltd.— 20c 1.50 2,95 74c • Nov 8'A Dec Corp Pressed Sep Jun Power Sep 20c Sep 92 Nov 65 Mar Jun 20c May 1.40 Jan .May 29'Ac Jun 24 Dec Jan Sep 45 158 Apr 178 > Jan 20 Dec 25 Dec Jun 34% Jan 23c Jan Jan 15c 15c 1,600 14c Oct 25c 1.80 ; East of Oil 100 50c 53c 30c - 2% July 34c Oct 17,450 A 36c 12'Ac 14c 3% 3'A - 20c 3%C 6'Ac Feb 100 2% 90c Jan 38c Jan 10c Jun 113 16c 4% Jan May Apr 4'Ac 52,000 2c May 21c 1,400 20c Dec 21c 50 85 Oct 103% 50c 57 c 3l'Ac Oct 85c Jan -15c 16c 3,700 10c Nov 19c Jun 4,000 41c Oct 50c 15'Ac. 72c 6,67V A • 1.55 1.62 2,795 1.29 4,375 5 'A •5»A* 5% 5 60 55c ','A-- , Nov 86 »A 1.17 1 Nov Sep 3% 86 72c L— Oct Jan 2.00 •20c A-"" :Ar„ —0 Oct 103% 129,000 1.17 i— Sep 5c 6,750 — Dec 1.80 30 3 V2 4'Ac 82C 'A 125 1,000 1.00 98c : 2% 4%c May Dec Jan 1.35 Jan Oct 2.35 Jan Oct 2.20 Jan Apr 5% Dec 30c Oct bid Jan .,4 '4 100 3 Aug 4% 1.60 22.026 97c Oct 3.20 Jan 4c 6c 2,000 4c Sep 6c Aug 2'Ac 2'Ac l'Ac Nov 3c Sep 125 127 2,500 A 16 21 150 v Mines.^————1 1.47 127 v A1.50 America..!——i.—•.1 Dome 20 21 321 16 Sep 21 Dec 150 150 100 135 July 150 Nov 25 10 May 15 Jan ■ Aii —A„———*• A- 1.80 3'A- '; 3'A Mining Co...-.,....—-.-----.0 Roche Long Lac Gold Mines—1 Royal Bank of Canada-—_i— -100 Industries A. " 1.55 Mining Metals Russell Jail 90c A I3%c Quemont Royalite 52 Sep —1 Canada of Jan Oct 60c 72 ' 1.04 36 4,061 - Jun 1,545 C;—A-l B 85c 3,197 ^—^.1.60 of 6'Ac Mar preferred-.-—-100 115 Sep 155 Feb Jan Jan Dec 191 15% s St Lawrence River 7,860 1.15 Oct 2 >05 l'Ac l'Ac 2.500 %c Jun 2%c Jar 18'Ac 19c 3,700 9c 19c Jun 15% 16'A 115 12'A Mar 16'A 64c 70c 18,299 57c Sep 97c Jan 8 8 125 6 Apr 8 Nov 3 Ve 3 '/8 30 1 Jun 78 78 78'A A -65 .65 May. Mines—34c S4c 37c 1,450 25c Oct 49c Jan 13'Ac Mines..——1 Apr Oct 1.60 Dec Sladen-Malartic Mines 8'A Dec Slave 4c Jan Standard 2.30 Jan Standard Dec Feb 6'A 70c Dec Nov Sep 17 July Gold Petroleum of : Coal Lake Gold Dec Sturgeon 3% Nov 20% Dec Sullivan 42'Ac Jan Bylvanite 14'A Mar 12c 80 Oct Apr 8 Dec Apr 80 Nov Dec 9 Dec Gold Gold Tamblyn Ltd Mines, —•— Ltd_: common- Canadian Oil- Jan 14c Apr 20C Nov 12 Nov — 20c 15 1.00 800 40c Oct 5'A 100 4 Mai- 61 30 57 Mar 63% 67 1.68 2 'A — 66 1.55 , 1:64 2 'A 50 370 ■ 74,750 9% July 1.00 Dec 5% "Nov Jun 65 Nov 70% 87c Jun 1.96 Jan 3 Nov 3% Sep 1% Jan Jan 1 14,000 Al 8c 8c. 9c 1,200 0 1.40 1.40 1.45 500 59c 60c 1,200 39c Oct 1.16 1.16 1.25 3,400 98c Oct 1.98 Jan 10'A 10 10'A 46 8'A May 11 % Jan -1.74 1.65 1.75 8,510 2.34 Jan 95c 95c 940 • Al —r° —A! —5 Va ' Va Mines——.1 Tteck-Hughes Gold Mines—1_* Texas Jan 6c 60 60 66% , 100 Mines—— ~ Consolidated 25 Mines———0 Sudbury Basin Mines River • * —' - Beach 22'A Sep 34c Apr 5'A- , Dec Nov Oct 10'A 900 Nov lc 20c —J—__A May 4,000 4,500 90 80c ' common--———* Preferred 27c 2'Ac 3 % 10'A -A com—0 —•—*—__:.0 ^ Canada 26c 2'Ac 26c 0 — Materials & • -— Chemical Paving —u 1 Steep Rock Iron Mines——I Sterling ! A_1 __—— Mines—— Preferred Straw • _L_-.——,—___.—.100 Gold Steel Co —v.0 — 6% July Jan 65c Power!.— 9 'A 13 Mar preferred—:.—8 & Gold Dairies Jun Lake AAA- 11 1.70 A~ 19c Simpsons class B. Preferred 11 AA> 1.65 Jan Mar , 1.65 Mar Oct - 1 Water Sherritt-Gordon Silverwoods Siscoe 50 ' Mining———! Gold Feb 21'A Nov class A_A— Corp Gold Mines Ltd-*— Jan Jan 9 Oct 13c 75c 9C * Mines Mines Gold Preston , Gold Gold Premier Jan 5'A 47/a Nov 40%- 75c 105 Mines Ltd--——'-0 Porcupine Pioneer Feb 3.60 70 Aug 4 85c 100 105 Pickle-Crow Feb 2'A Dec llC Mar 90 29,500 85c 8'Ac Perron Gold Mines.: 2.25 Aug 15 Oct 15 5 Apr 2 110 8'AC 39% 51c ' ——A—.1. Petroleums 32'A 8c Ai j Jan Mar !%c Aug 6'A ' Oct 6%c 1,735 ■/ 9c Minesj—— i.-l & Debenture-A_i——.50 Nov 39 6% Mar 10 3c 1,300 85C .J——''A-- 8% 132 3,200 25 20c • 1.30 Aug 1,706 220 1.20 18c — Mines— Omega Gold 10'Ac Jan May 8 100 1.00 1.80 Paymaster Cons Mines Ltd-A—a—;_1 \ Feb 21c 9 56 preferred———_l5 Sep Jun 20% 9 500 Vv 4 39% ■' 15 Jan 80 —— 5c 65 Pamour 27c May 73c J.m 92 Jan 10'A 914 Sep 1614 Apr 6'A 1.04 18c 46c 92c Mar 4 Oct 1.12 _: Oil Gold Okalta Nov Oct 7 19% 7% — see O'Brien 9'A Aug Aug 20'Ac 20'A * 0 Rights For footnotes Star Southwest 6,500 35,300 :. 4'A July 10 % 95c Jan 10c Mining Shawinigan 1.15 l Mines Dec Jan 21 131 Dec 45% 43c 8,984 : Dec 7c Oct 5c 3 6'A Dec Apr 28 Nov 1 Gold 32'A 109 2% May 5 18'A * Francoeur 9 Va 67c 14 2%c 735 10c IOC Senator Rouyn, Ltd———a_————1" 1.60 64c 65c Dec 4% "Dec 33 1.000 602 Dec 5% 435 7c 42 25 27 * 6'A 7C 170 285 733 — 6 40% 20 27 935 Apr 170 Sand 21 10'A 25 Jun 8'A 2,930 42 common.—j— 6c 20 14 100 ; — Cafeterias Sep 7% 13'A 39 2'Ac 8'/b 20 14 250 1,000 90 Apr 43'A 3'Ac 60 10% 2'A 41 San Antonio 1.910 4% 3% May 43'A Jan ~ l'A Mar 2,576 4,768 19% Mar 17 %c 3'Ac Gatineau Power common Oct Dec 6.023 20 Nov 3c A Oct July Jan 4% 125 9c 1.09 ... Sep 7 10'A 3,200 60 20% l Canada class Jan 7% •: Dec Jan % 4 Jan 2.22 Nov 5 65 7,000 -- 35 24 26'A 17% 6 'A 1.68 59 c Oct 27C 117 3%c r-r4 ' Mar 1.00 65 10c 11'Ac 1.09 —— 5'A 68c 3'Ac Mines 1.30 44c 21c 0 Mines 36c 65c . ,r„l ,1 4'Ac 9% - 68C Oct 30c 6 Nickel Corp.—-—A———— 1 10 160 82o 38,388 99,000 26c Loan 25 18,050 8.856 59C 1.71 - Dec 1 com—0 Aircraft of common— A Muirheads Jan 1.45 53c 1.58 22% Ontario 5,919 24,193 1.32 57C 24 27JA Nov 8% 70c Jan 26c 40c 62c Jan 2.85 1.40 Ltd.——* 2.51 Jan 23% Oct 1 July 62c 25% Sep 6,975 1.37 * Power 3 55c Nov 17'A * & 15 2.51 ,68c 19 preferred..—100 Heat Jan - Corp Class Feb Light 1,065 Fanny Farmer Candy Shops Co Dec Knitting Porcupine Mines..—' 8 Fleet Ford Monarch Moneta 27'A Nov 12% Jan 150 a-—1 4'A * . Ltd Mines..— Nickel Players : 7 2,100 Dec 1.35 ^preferred—100 Mar Oct 60 %c Oct 8 1.58 Canada—————* of Containers 21'A Mar 20c 9% Oct 60c Nov 10'A Nov Dec 38c 9,100 273 Empire 6'A 15 18,250 90c 2.19 Northern 9 'A 8 83c- Mines——i———1 Oils Jan Jan 18'A Mines.—.—-—0 4 _25 ,, Products Falconbridge Corp Modern Oct 8c 10% 20'A ' & ' Aircraft—A——-—0 13 -Equitable Life Insurance Gold Oct 57'Ac 60'Ac ' Graham 54 May 20 —1 Ottawa -..Car 147 Thedtres Eldorado Mines—- Ontario 18'A _ Oil— Steel Lake 47 Jan 2.03 Northern 4% Mar Dec 4.15 18'A North 22 Jan 18 Oct 2.10 22 Sep 12 jun 2.80 *■'8 30'A Jan 8 Oct 14% * Sep 142 — Eastern Malartic Eastern Mining Model 87 6.35 50 600 , Mercury Mills Ltd common——A-"-—'-* Jan 7 1,570 18 3.60 20 Nov 17% Worsteds 9.75 Feb 18 4'A 15 12% Preferred East 55c 2.51 — . 9.40 3'A 215 37 com July 7% Dec 25 Steel 59c 47/a Apr 36 ; Oct 4% 190 115 class B Stores Woollens -u«» 11c preferred 31c * ; 8 ——100 - Coal Dominion 3,700 —• common 205 116 ,• 50c common--—0 15 36 7A common Jan 42c Oct 3.50 _1 190 5 — Dominion Red Apr —100 Mines—— Dominion Bank ' '' • ^ —1. 25c 62c Apr 5%. * — Dec Oct 9.50 _i A—i. 140 12% 8 (8% —— 4.65 Nov Oct ^ 39c ' Smelting—.. Nov 16 2.85 Oct Aug Consumers Gas (Toronto),. Davies Petroleum 8 A 10 Oct 6c 0 Jan Oct 31c 16 100 — 29%c 6% 17'AC 25'A 20c Ltd——— Oct 18'A common.-—^ 100 20 20c Bakeries 8c 11'A Mar 2,000 Corp Ltd-—-——-* 75c Canada Mines..'—: Oct Mines Milling Normetal 2 , 500 85c Mines— Noranda Mines 100 Consolidated Leaf Jan 2% Coniaurum Gardens Feb 2% _ 1,747 13,590 59c 15 a—.•—* •— 16 29'A S, 51,075 0 Fields— 57 48'A 11,200 Co 15 12'Ac 12'AC National Steel Car);Corp—iA-A-——_032 Naybob Gold Mines, Ltd—I—.—^—1 8c •Nipissing Mines _• 5 85c 10,500 Plow 983 18c Dec 7c Commonwealth Petroleum 32% 51c Dec 80c _1 Apr Jan Nov 4.65 87/a 73c Mines—, Feb 36'A May 9% 4.25 30'A 5'Ac Gold 92 48'Ac Feb 5'A 74c Research —I—A.—___r Chesterville Larder Lake Gold Mines—1 Chromium Mines & Smelt———.—* Aug 105 _•.! 190 40c, 31c 8 25 'A Mar 6'Ac Willans Lake Gold 154 35 * Chemical Aug 44c — Leaf Dec 1.20 21c Jmy l Mines— —. Oct 5 85 preferred—————25 Gold McVittie 9% May 4'A May 74% May Pat Cockshutt Dec Jun 16 Porcupine Mines——.—1 Cochenour 8'A 1% July 3% Central Wines 12c 95 31% Shops——L3 McColl Frontenac Oil common— May .23 'A 32 120 * Jan 195 Mines-——4—il — Red Moore 260 Ry—25 Gold B Sep .. 12% 1.600 18c- 1 McKenzie 7% May Central Chateau-Gai Ltd Mines, Ltd.——— Aug . Canadian, Malartic Gold 115 "• Feb 9'A Jun 6'A Mar 12 . Jan Nov 3c 119 ' 8% 204 10% 17 Jan 7% ' Oct 380 106 27'A 4'A Dec 7% Mar . 500 Apr 27% — 6 145 25 9 'A 103 27 A—* com - Jan 50c Pacalta Co Ltd Locomotive Jan *8% 9 Montreal 160 - 28'A Nov 4.25 Ltd——L——1 Candy Oct 1,163 - Jan Apr 6 52 Feb 27 ; 21% 6C Jan 27 " 20c 6c 3 20 Electric-——-—--50 Alcohol Canadian Dock-—— Mines, 53 7%' Oct 52 5 28 7% 6 12c 8 McDougall-Segur Exploration ——0 Mclntyre Porcupine Mines———, -.5 85 10'A 15 Dec 90 0 Mining—^ Mines 128 9'A 945 6 Apr 21% 29c Bay Mines—*———LI Gold 102 2 7'A common- Canadian Dredge & Canada-—- Secord Oct 125 10'A ■ 25 ——. of Cadillac Sep 20 -w 26 Feb 6%C Jan 9'A 32 , Gold Mines————_1 Shore 90 120 ■ common—* Preferred Celanese Co Dufault 71 27 'A *•'; , L*. ' class B Canadian ,l„>, — Canadian Car & 12 'A c 124 128 1,600 2.70 .A Nov 16 29c 16 —1 j._. Preferred ' Canners Petroleum———— • 53 Canadian Bank of Commerce———100 Canadian 16c July 2c 235 Jan 87'A L— 90 Preferred Feb 325 '• Jan Jun 14 TO.50 Oct 8,000 6 , Dec 20c Oct 2.07 14.905 " 15 9 ; common—-—* Mines Massey-Harris Jan 470 , 30'A common Cable & * —_50 Wire - ' ' Nickel 15 20 36% * A* Preferred Canada 170 930 "V 104% 104% * Ltd Power——. .Packers Canada Can —- Cycle & Motors preferred—100 Canada Foundries & Forging Canada - « 6 • — 100 14 i Apr common— — 7c Aug 18C Jan 2.80 Dec 0 2.55 2'Ac 21'A 25'A ',V — A———* common ———— McWatters — Metal —— 3'Ac Nov Nov Canada Cement common Preferred Sep 21% Caigary & Edmonton Corp Ltd—i—* Oil Ltd—. ; 1 Bread 11'A * Calmont Canada 825 Oct preferred---* —" •-* „_100 14'Ac Jan 4'Va c .Jun , 9'A Mar 5.75 345 Jan' Mar Mines———* 2nd ———— Dec "55c Oct 7c Oct Dec 78 ■ 10 'A : 11 'A Dec 88,800 — 2c Dec 5'A Oct 10 3.545 11'A Maple 17% 23'A Gold 1st 2,27 18'A 1- Dec 3.00 * Oct l'Ac 20 8.40 •• May 26c 1,152 13 8.05" 2.42 _V — 10c 13 • Jun Jun 73 44 Maple 22'A Gold —, 10c — 2'A 3,487 Malartic 22 13% 1,000 158 Madsen 16% 12% 15 8.05 Mines, Ltd. ———1 MacLeod-Cockshutt Gold Mines——1 22 % Ankerite Mills 0 —- Macassa 23 Canadian Steel 15 15 10% Class Feb 22% •— 500 155 Leitch 0 * 6,860 3c 10'A Dec 125 7'Ac 17% 52c 3c — —.1 — Legare Co Ltd 1 Bunding Products Ltd 46c 47c 1 Little Long Lac Gold Mines Ltd Loblaw Groceterias class A— —* . ——1 %c Landed Banking & Loan.————100 Jan 4 26,900 4 25 13'A 5 10Va Laura Jan- 10C 11% 78 47k 2%c 2'A July 1.30 Mar Lapa Nov Aug 25 —♦ —; A— 78 • Lake Oct 3% 13 6.81Q — of the Woods Milling common—0' Lamaque Gold Mines —* Dec Mar. 123 7c 500 5% 2»A Mar 7'Ac July 8,500 4% Mar VA Aug 2,222 2.40 Lake Dec Feb 76 142 8%C — 4% 2%c 2.30 5'A —— —————— Oil— Lake ' class B Kerr-Addison Jan 12 Aug 102 141 87kc 9%c 94c Oct 46'AC Oct 110 —1 Oil '4 1%'C 2c ' — 26 Kirkland Lake Gold Dec 65c 142 * Oil 4% r 100 Gas & Kirkland-Hudson Feb 80 Buffaio Linen Jan 13 Buffalo Cadwell Nov 9%c Aug Jan 2c 6 'Ac • ———• Power * —1 Mines.— . ' — —100 —— Jan • class A-w-A.— a—_—■' '• Kelvinator Jun 255 ; 2c LlOVa '* Feb Jan 13c International Feb 274 'A Sep 5c 7,000 188 13 ' '■>, Nov 28 International Dec 7%c 5l'A Oct — 16c Preferred Jan 8c 18% 39 24 preferred Mines— International Dec Oct 8c 76 Oct " Oct 18% Dec Apr 25 . 10'Ac 4'Ac Jan 3c , 67 Imperial Tobacco of Canada ordinary.5 Inspiration Mining & Develop —1 Jan 75c 12 Broulan Porcupine Mines, Ltd Brown Oil Corp : .Burlington Class Jun 1,500 Light & Pwr.com—* American Columbia % Nov lc 2,500 31% 18,060 Imperial Bank of Canada Apr 2.65 8,950 50 Ltd-: British 55c Oct 8c - 1 common Mines British 9 Jun 1.26 l Mines, July 1.65 1.20 1 Ltd Gold 4c 8 34c 50 26 26 9%c IOV4C preferred———50 —; il _i Imperial 1614c Mar 7 %c —* —— Brazilian Traction Dec Dec 67 167a Bay Mining & Smelting—_„_* Hudson Dec 1.J7 ■——i——100 — 14c 1.'50 37 7'Ac —100 —— preferred Ribbon 3%c . ; Telephone of Canada-— Bidgood Kirkiand Gold Mines Bonetal 600 103 0 Bell Braiorne 20 8,100 —— Radium preferred Bobjo 8 48c 2.25 3%C 50 — ——— Preferred Sep 8 -100 — preferred Exploration Blue 7c 42c -———100 — Beattie Gold Mines—j—— 2nd 5,300 2.25 —100 Beatty Bros class A-—— 1st 8'Ac 48c Mining Corp Ltd——® Pow B Apr 2.25 —1" Scotia— Nova Metals May 21% 300 Oct 67 ,21% Gold Jason Montreal—: Base Aug 75c 275 4%c Oct —————— Oil Hunts Ltd " 1 Ltd--— Mines Barker's 9c 980 37 8c Proprietary—100 Bagamac of 14c 1.50 0 Wiborg Jan May 11 Dew Howey Mar 7 34 8 %C —— & 75c Nov 3% lc 20 Mines—— Oil- Honey High 4,000 179 * Gold Gold Homestead Sep 45c 10c Anglo-Canadian Oil —_—a—; 0 Anglo Huronian Ltd 0 Ashley Gold Mining——_—1 Ault 25 1,455 37 * Corp—-————— Steel 50c 5% 95c 0 common —100 Copper 50c 5 % 1 Grain Preferred Lot* 2'Ac 14 & Dauch Paper—— Hollinger Consolidated Gold Mines—5 Range Since January 1 High 4% -r- 100 — Pacific Alberta Low Rock Home Shares 2'Ac • 2'A Hinde for Week Range Sale Pric« Apr 10V2C 51% Hasaga Gold Mine Highwood-Scarcee Oils Sales Jan 11'Ac Oct 51 _1 Theatres Harker inclusive, compiled from official sales lists 20c Oct 2'Ac 2'A Bridge Hard Nov. May 6'Ac 67k Dec 13'A Ltd Hamilton Exchange 9c 2,300 21,000 — Mines— Hamilton Toronto Stock 30,500 2%c • Aug 2'A common—* Gypsum Lime & Alabastine Halliwell Gold Mines.—: —i Pen 6'Ac Apr Aug 50 vtc Paper preferred—— 42c. Co Ltd— 12c 8'Ac 5 ——— — Lakes c High 2'Ac 67 Mining Low 50 8'Ac — — —— Range Since January 1 6% 9'Ac 12c, ———1 Gate Great Anglo-Canadian Oil Co Ltd„, —* — ———1 Mines. Shares High 6% 2%c Eagle Sales for Week of Prices Low 6% Goodyear Tire & Rubber common—_* Jan Oct 50c Oct Sale Price , — -il Oils- Oil Wares— Goldale Mines 40c _1 Upper Canada Mares Ltd Damousie Steel Range Par . Jan 66c 40c 1 f. • 3.00 65c 1 Ltd Mines Gold Mines Ltd Teck Hughes Low 2.00 Mar 38c Mines Ltd- Gold Siscoe Sullivan Low STOCKS— Week's Last Par f Cons Friday . Range Since January 1 Ltd—_1 Gold Dredging Perron Gold Mines Ltd-.-, Pato Listed and Unlisted - Sales Range of Prices Friday STOCKS— - Monday, December 7, 1942 ■ , — • 'A 7c 1.05 1.18 76c Dec Oct Oct Oct Aug 13 %c Mar 1.70 65c Jun Jun • •'/ Tip Tailors Preferred Class . ; United Steel . — Mar Aug 84 Va Mar Investors Fund C 1.029 23c Jun 50c Jan lc Apr 7c Dec Series B-i—— 10% Jan Scries B-2 ; 7c 6 % 4'/a Aug 1,260 Mar Series 40 2% Mar 3% July Scries 3c 6c Dec Series 3% 4Va 2,625 2% Mar 4Va July Series 76c 83c Apr 3.50 2,658 3.00 Nov 49 378 49 48%. ' 1,435 > 4.80 ■ Westons Ltd Preferred 40 1814 Apr 800 1.00 Sep 32 38 Va 10 V, 10% 92 3.00 Class B * 314. 3 2% ,_100 20 — Preferred — , Wright-Hargreaves Ymir Yankee York Knitting Jan 2 VaC Dec 5.16 € 75.07 76.60 30.77 31.40 6.80 7.48 _10o .3 Oct Mutual Oct Nation-Wide 6 2.35 2.35 2.50 8,5.10 1.80 Oct 2.90 Jan 6'/2c 9,200 234c Apr 6 V2 c Dec (Md) 3% 3 Va 20 3 Vi Dec Feb 7.97 Selected .99 5.46 5.72 6.30 3.47 28 Exchange-Curb Section 3.85 ' ;A '•'• ,/4; y •; ;\t. .• Coast ■ •• " • V-'.'-v-T • •• Consolidated deHavilland Dominion class A Oil & 878 1.10 3,986 Aug 3% Jan 2% 125 2 Dec 4 65. 65 65 5 50 Mar 69 5% 5% ,100 5% Oct 7 Apr 22 Vi 23 60 20'4 Oct 80c 77c 77c —0 24 .Sep Jan 3c Jun Vic Nov 14c Selections Osisko Lake Pawnee Pend Mines— Kirkland Oreille Vic 1.10 .1 ; _ 26,550 Vic 2,000 1.07 1 Gold 14c 1.15 l%c 500 3,615 4 9c —.1 Mines- 2 Vic 2 Vic _« • — Vic Friday equipment Series — C — 1.19 13.05 14.39 —1 43c 65c —10 10'A 11% — Banking '. Investment Corporations 6.76 5.58 6.15 A Blair & 7.59 Dec % c 1.75 Oils 8.35 AFirst Boston Jan Co Corp Jan Aug V2c 85c — New York Bank Stocks of Bank Manhattan Co Bid t ' Y V-' A'A. • Par Aetna Casual & Surety Bid 26 27% 26% 28Vy4 _ ' Aetna Life Agricultural 64'/2 10 20% 22% American Equitable. 5 American of Newark 2Vi American Re-Insurance Reserve.— American American 9% 521a —10 Surety 25 .4 Fire Merchant Merch 14V4 & 10% ,54% . National Liberty American — Bankers & Shippers. Boston _u„.25 Fire City of National 19% 14 Vi 27% 15% Connecticut General Lite 10 York North 20% !—10 Hampshire Fire New 29% Federal 68% Franklin —5 25% - ft 44 Va General Reinsurance Corp..—.5 42 V2 Gibraltar Fire & Marine.——10 ft : 14% i Glens Falls Fire— Republic . 120% U S Fire—. Insur CO of North America—10 . 55 —100 415 Bid 1964-1944...: 30% 3V4s 47% 3s 81% Westchester Fire— ... 31% AAmerex Holding Corp 14'A 15% 1 2.45 2.68 American Business Shares- American Assoc Foreign Stand Oil 6.73 2.02 10 , Investing.,10c Shares—.*.2 . 11.41 10.42 • 4% 2.21 v :? 5% 10.01 10.76 1, A 2 Vi -3'A 5 4 Va —10 2.97 1 Axe-Houghton Fund Inc. First Industrial Nat Investing— A Common Fiscal Fund Inc— Jan. 3s Ask 1, 1, May 1956-1946..— -, Basic *—*■***.*——., preferred -"A6% Industry Shares Fund Boston Bullock Fund 13.71 5 19.87 21.48 —1 11.00 12.06 Ltd.* —.1 2.60 3.20 „• 24.06 25.87 Ltd Macy A 1.51 4.00 5.14 10c Fund Century Shares Trust Chemical Fund Christiana Securities Preferred —1 , 100 com. 100 — -.1 Commonwealth Invest —1 Investment Trust- Consol AA Capital Corp.. • 25.37 ,27.49 General Investors Trust 1 3.91 4.21 4.67 3.90 6.01 " 5.04 5.30 5.14 mod— ^ Cram & Forster .ACommon | B Chemical 3.66 31c 15, 1943.—. Dec 15, 1943 Mar 15, 1944 Jun 15, 1944 15. 1944- Sep 5.62 6.19 RR 2.75 1?47 :—1961 107'A 109 127 Bid 107% 109 V2 128% A«k 106 Southern Natural Gas Pipe S'western Pub Serv 109 103 T-H 0 105% 1$5% 101% 101% 105% 106 Line 5s 1972—— 1957— Wisconsin Pwr & Lgt 3'As, 106% 104% 3lAs 1971 1971 ,ce 15, 1944— 1945— 4.05 32ds of a point Maturity— Int. Rate Bid tMar 15, 1945—-—— 1%^ 100.1 JDec. 15, 1945— %-y 99 TMar 13, 1946 1 % 99.4 TDec 15, 1946 1-2 <0 100 Certificates of Indebtedness— , _ t%s Feb. 1, 1943 b0.38 T0.65s May 1,1943 b0.54 t%s Aug 1, 1943 — b0.69 t%s Nov 1, 1943 b0.80 point represent one or more Bid 100 100.2 100.12 100.15 100.26 100.23 100.12 100.29 99.19 100.14 Ask 100.2 100.5 100.14 100.17 100.28 100.25 100.14 101 99.21 100.16 Ask 100.3 99.2 99.6 100.2 0.33'c 0.51% 0.67 'r 0.78 3.04 3.67 Mar 15, %% 1 % %% %% 2.78 26 y2 24% 118 25% shares— Equipment shares.. ... Steel shares ' — Utility — 3.05 3.80 15.61 1 Rates — 16.23 AHuron Income 1 Holding Corp. Foundation Fund 4.40 Bid 3 T(( Dec. 1.21 Incorporated Investors 5 Independence Trust Shares——♦ xl3.84 1.80 14.88 5.00 1.07 Institutional Dec. 1.32 Aviation Securities Jan. 27, 0.25% 1942 0.25 "n 30, 1942 b0.375 0.25% 1943— b0.375 0.30% Feb. Feb Feb. Feb. 1943— b0.375 0 32% Group shares—— 15.92 16.92 Bank Group shares— 1 9.45 10.04 Insurance Group shares— 10.57 75c ♦No 11.59 68c 1.03 1.13 6 Cash par value, sale—not bonds are s Odd lot sales, in range for included subject to all Federal taxes. b Yield year, 0.34% b0.375 0.35% b0.375 0.35% b0.375 0.35% b0.375 0.35% b0.375 0.35 7 —, d Deferred delivery, r Canadian Ex-dividend, y Ex-rights, tin deiau . price, x A Quotations not Ask 0.32% b0.375 — 3, 1943—.———— 10, 1943...*^^ 17, 1943— — 24. 1943 March 3, 1943 Ltd— .1 1943 0 25% b0.375 13, Bid b0.375 1943 b0.375 Jan. 6. Jan. 2.04 20, b0.375 1942— Bills purchase Ask Jan. 16, I94Z Dec. 23, Inc 10c Howard— 97c V.i quoted are for discount at Treasury bills— Dec. 9, • 2.95 .2.50 ... 2.72 United States Treasury 3.37 2.46 shares— shares Common ..25C 5.07 111 Diversified Trustee Shares- Sep JSept. 2.22 —1 ... 1946 m 4.94 bond Tobacco Stock. Fund 100.25 4.41 ..10 Shares . 1943 3.79 2.22 1943 15, 7.26 4.00 1942 Jun 6.60 Mining shares——4.48 Petroleum shares -ft 4.60 Railroad shares.—— 2.51 .100 Delaware Fund 15, 3.43 Merchandise shares.., • Fund.. 5.84 General .100 & Equipment——— 5.55 1.84 1'. Balanced Electrical , Food shares Insurance- Eaton shares 6.61 1.84 ..10 shares Dividend —_ 1 common, preferred A 7% —, shares..—, 4.30 1.95 Cumulative Trust Shares- , shares — —1 ,, preferred. A8% 3.37 29c S Conversion 3s Virginia Public Serv 5s Int. Rate 1%% %% 1 Va % 1 % iy8% 1 % Maturity— Dec tMar 15, shares Building shares.— 142 100.22 fsQUPit 3s S Pub Serv of Okla ion 108 Figures after decimal ■ 1 .Series ACC mod——, A.Crum & Forster 137 " Aviation 99% 100.8 100.4 Quotations For U. S. Treasury Notes 4.63 3.62 — —1 *— Accumulative series Series AA 2135 Conversion 1,1944 100 -w'- .102 17.27 • Inc.— —i Corporate Trust Shares.... Series 9.23 8.62 2035 90% • - 1972 ,3.55 3.84 Automobile .'Feb notes Ask (R H) 100.6 100.2 7.67 3.05 Shares A_„1 Invest Agricultural July 15, 1943 ...Apr 15, 1944 - Panama Canal 3s 91% 100.21 Authority— Housing Dfhei* 106% 107 ft 100.17 2.59 10 15.76 General 3 U Public Service of Indiana Group Securities— Inv Canadian 4%s 1952 2»/2s 1952 Penn Electric 3%s, 1972 Ask 100,22 1.61 Fundamental Trust Shares A—2 12.35 Inc Broad Street Invest Co Lukens Steel 14.87 2 B 1943 at lOO'A— U 104% Empire Gas & Fuel 3V2s, 1962— 21 y2 series—lOo stock Fundamental 5 *—5 Inc 24.13 Bid 100.18 Finance Corp— tl % 105 Vs 105 & 105 IA 105ft 103% 1971 22.44 20 Vi 3%s Trust Shares A Foundation Trust 106% 107ft 1956-1946.—— 13.83 1.38 >. 3V» 1075 1944— 3, tiy8% 1% % 104 — Cent 111 Pub Serv 3%s, :v Bank stock series Fixed ftftft:: Fund, Inc. Trust Fund— 5 Mutual , Bid Equitable Invest Corp (Mass;.ft Equity Corp $3 conv pfd. 1 Fidelity Fund Inc— * Insurance Bankers l%s Jan. Quotations For Recent Bond Issues Par Financial 1, 1943 bO.75 1, 1943 100.12 —105 A 105ft 1955-1945 1955-1945— 3s , 33% Bid .2.50 , 1946-1944 4s 77% Guarantee. —Ma* 16, 1943 - Reconstruction 0.55% 0.60',1 100.16 .——',10413 4s 45% U .1V* Affiliated Fund Inc 99.27 99.25 Bank Bonds— Federal Land 57% 425 29 »A Ask 6.19 1 Aeronautical Securities 2s U 4 .15 S Mar 10 _ . 1035 Federal Natl Mtge Assn— 1, 1943 b0.75 —.Apr *.*_ Investing Companies Par Ask 100.4 100.2 Feb 15, 1945 Feb Fidelity & Guaranty Co..2 U S Fire 70% 2s , .29 68% ' 10 Standard Accident 100 States United 124 y2 — 76% 2% Call Jan. 3, Springfield Fire & Marine. —25 46% Homestead - t%s -*10 73% 12 . 49 245 Federal Home Loan Banks—■ 46 'ft 43% ,—5 ftft 27 Vi ——..10 13% 46 240 Credit Corp— —May 1,1943 U%% 37% Hartford Steamboiler lnspect—10 „ 6% 261 251 .62 y2 Travelers ■„ 50 Bid %% 44 92 Vi Home 33% 23% Haven 25 ' Obligations Of Governmental Agencies 35% New 36% 53% 176 Title Guarantee & Trust. , 100 —' 34% 51% 166 common..^ (J P) 35 34 Bank & Trust_20 -— „ Commodity 10 89%. * . 31% 21% Paul Fire & Marine —10 Fire Hartford 5 :. — New York Guaranty 14% Fire—— —10 Security 23% Hanover 12 Va 20 —.20 & Co.——,100 Preferred 24 Seaboard Surety 21% American Great 7%,A" 5 ; ll'A 39% 5% St ft 26% Republic, 10 88% 22 '/2 16'/a —10 & Morgan t%s 8% 28 Va Globe 41 'A 96% 2 (NY)_— (Texas) (Paul) Revere . 12% - 39 % ' 4 _._10 Corp Reinsurance ..10 _ 10 Empire 23% 37% .5 _ 77'A Ask 10% ll'/a 1185 1235 23% 26% Bid 85 85% 38% 36% 5 10 Providence-Washington 10% 26% 9% 5 Newark-- of Fire ,•92% 25 Indemnity Co Preferred Accident 71% >, Fire 65 74'A V 13'A 81 Phoenix 49% ft 51% :—10 Fireman's Fd of S Fran new__10 Firemen's 40% 38% 10 Fire Assn of Phila Pacific A 32% -4 34% .——5 — Lawyers 61 20 100 Corn Exchange 42% 12 3'A 5 Lmft—.12.50 Pacific Continental Casualty*— 2 9'A 2 2'A ..2.50 River Northeastern Northern County Continental Bank & Trust 22 V2 40 % : 5 — Par Kings 38V2 Chemical Bank & Trust—, 158 21 27 "A 10 Fire 36Va —10 100 25 Irving Manufacturers 153 2 .10 _ 100 Companies Ask 303 293 Central Hanover. 7% Casualty. Brunswick New 75 Vi 560 540 6% Bid —.10 Brooklyn 6% 57% ■ 20 Fire Union Amsterdam Bankers 5% — New 7% —5 ; York—.: New 72 Vi ' ,..100 „ Camden 6% ft. 2Vi Bank of New York 44% 2 — New Baltimore 66 , - 55% 4 National Fire New York Trust Par 10 Y__ N Fire 41 "8 0 Assur...— Mfrs 47Vi 4 45 3 63 -12% Massachusetts Bonding 17% 1614 13'A , 10 Casualty Maryland 67'/2 I . 7% 2% Knickerbocker 31'A 6% 31% _25 Alliance American ft 49% 29% Bid 20 Jersey Insurance of N Y__ 132 Vi 4718 10 : 127% 10 Ask 28% Par Ask 10 : Companies Ask 1200 1170 x7y2 National City.— 173 165 Bid 100 12% First National of N Y. 27% 26% .13.55 Par Ask 17% 16 10 . Public National Aetna 6.03 1 B 6.14 _ _ ..100 Insurance 17.45 ll'A Pwr Shares A & 71c 5.51 B Wellington Fund 9.70 8.82 stock 4 Dec. 63c 15.97 Shares..„25c 6.60 Par for 34c 25c U S El Lt 8.15 Metals OVER-THE-COUNTER MARKETS Quotations 4.80 1 ... Dec ' Oil 4.62 B Bond Fund series Union 5.56 5.99 Machinery Jan 65c 2,400 5.04 7.41 Insurance Jun 85c Class 7.35 Electrical Apr 23 6.68 Chemical ;■ ASeries B 7.42 Building supply.. Jun 1.00 Mar 1.55 1.73 —_1 Trusteed Amer Bank Shs— 4.71 8.58 66.28 Shares— 7.29 4.27 — _ — _ 1 Oil Stand Trusteed Industry 6.62 . 5.65 12.41 1.80 I C— D 10.62 Inc— stock. Bank Jan 2% 2 * Ltd— Co Gas 1.00 2Vt ♦. Stocks Aviation High , 1.00 100 * Low High 2 V2 —• £.% Aircraft Bridge Foothills — Box .preferred Paper Corrugated Corp.-, Press York Automobile 8.03 3.33 ASeries A„ 5.87 9.85 .1 _ Agriculture 1. Range Since January 1.00 Co.——————5 Copper Consolidated Paper Shares 5.30 Fund- England for Week Low Par New 77.81 7.36 ASeries Trustee 5.31 4.81 _ stock series New Range of Prices 1 Last Sale Price • priced bond series. Preferred Sales Week's Friday STOCKS— Low comriicd from official sales lists both inclusive, 4 to Dec. 76.27 — ASeries — series. Income Toronto Stock Nov. series.. • 2'/a Shares..——1 Income Trustee Stand Invest Shs— National Security Series— Bond 3.03 % , 1 5.08 Spencer Trask Fund— —• 11.67 State St Investment Corp—61.30 Super Corp of Amer AA..1 1.93 .1.09 5.05 5.00 2.69 Sovereign Investors 2.84 National Investors Corp 4.25 1 Inc Fund, 8.71 series B shares— voting shares—_— _25c r10c Selected Amer Shares.... Securities— • (Colo) 5%c 5 Inc.— —10 Fund Invest 12.05 Scudder, Stevens & Clark 8.55 2d 22 90c 435 7.95 Investors Jun 156 Fund- —.1 Mass 39c 11.27 1 Inc Shares— Quarterly 3.35 Trust. 34c Republic Invest Fund 17.72 Investors " May 3 2.80 16.48 Mass Apr 20 _10c —-1 Maryland Fund Inc 75c Dec 1,74 1 10c Putnam Inc— Common 3% 3Vo Series 1958—.— 5,69 ' Fund—— Manhattan Bond Fund Jan 94% 1.74 2.10 Plymouth Fund Inc (Geo) Fund 8.19 Sayles Sec Fund—_ —10 Loomis 6'/4c common-——*' Mills 11V4 Oct 'Ac 11.70 2.95 5,200 95' 17; V 1 Series 1956.* 7.48 Loomis Sayles Mut Fund— * Mines— Gold W Dec Sep 90 11.93 4.78 2.15 Series 1955 10.18 —-.«*' — Knickerbocker ♦ Mines.: , Girl 38 Mar , Dec 9% July 326 2%c .2% 18 . ■',•13 92 2 Vac 377 • Sep • _1 ——1 1953 8.17 13.75 2.65 5.33 36% shares Trust Amer Series 3.72 4.33 4.83 —— ctfs Trust 10.80 ' — S-2.„_ Jan 19 3:00 1 Winnipeg Electric class A-—— North 3,36 — Amer Bond 7.44 S-s 21 19 1.90 100 , 16.45 Steel Ask (Cont)— —_ 12.56 S-3 Series Jan 19 common————— — Wlltsey Coghlan Mines—__ 15.00 Inc. Railroad equipment '• Series 50 2.50 100 —; — No Stocks Railroad ' Series Mar 40 ' Preferred 24.26 „ Jan 13c Walker-Gooderham & Worts com——* • 29.21 22.09 — Jun 5.00 Jan 3.25 com-—..' 26.62 B-3.. May 3.00 3.40 Mills 1.24 Oct 41c 22,300 5 Vic Ltd.———* Flour Sep 32,000 4.20 j 12c ——i.,:——L— I.—' — K-2—— 10c Canfida 9.21 K-l*i— July Bid Par York New 19.03 8.99 — B-4._.... 5,900 80c, 4 Ask 17.51 — 6c (4.05 Preferred Bid 10 America- 3'/2 29 Dec. Friday 1 of Co 31Va 35 36 Investment 4c 12c Western . 3% 4 for Keystone Custodian Funds- 1,300 53 35c , 4.10 Mines, Feb Par Jan 76 Oct 63 50 -»1 Waite-Amulet 106 95 15 14 6'A se Upper Canada Mines Ltd.———1 ——- Quotations Jan 68 • Ventures, Ltd. Vvrmilata Oils 8V2 ,31 Va 25 * — Ltd ; Aug 68 7c , 6 Vi¬ —— * B Oils 100 35c . Fuel Invest class A—,——-50 United United 4 '• 190 . High 68 ———1 Uchi; Gold Mines———— Union Gas Co of Canada,— 7 97 » 68 t ——_• Resources Transcontinental Low High 68 100 A-100 — Mortgage Company,,——.50 •Toronto Range Since January 1 Shares 6 Trusts*———A-j_100 General Toronto LOW OVER-THE-COUNTER MARKETS for Week Range of Prices •■ . v Par common-A—————* ' Top Last Sale Price STOCKS— Sales Week's1 Friday 'J - 2031 CHRONICLE THE COMMERCIAL & FINANCIAL Number 4131 Volume 156 furnished by sponsor 0 - market. JThese THE COMMERCIAL & FINANCIAL CHRONICLE 2032 Monday, December 7, 1942 Week ■' ; Prelim¬ inary figures compiled by us, based upon telegraphic advices from the chief cities of the country, indicate that for the week ended Saturday, Dec. 5, clearings from all 18.8% be those for the corresponding week last year. above West summary 1942 : ' ' '■ 1 ' v : ■. - District of York 1941 1942 Total $3,856,484,108 379,681, 456 539,000, 000 403,796,268 276,372, 188 + 158,616,936 :— $3,093,104, 655 538,000,000 _——. Philadelphia— ___— 1 (6 cities) 29,857,132 ; , Macon 2.1 ; ; __ + 11.2 Mississippi—Vicksburg 4 22.7 Louisiana—New 222,378,040 169,069,016 154,468, 923 + •' 134,976, 061 + 25.3 102,934-i 381 + ;——: : 129,138,090 cities, five days———„—. cities, five days— Total all 82,958,168 25,753,492 182,413,410 163,395,639 3.5 + 4,087,807 1.2 21,492,480 21,300,849 0.8 4* — 77,800,000 65,200,000 4,558,172 —39.4 40,187, 083 1,368,718 1,403.498 5.0 + 50.6 1,199,323 23,715,000 17,121,000 7.3 28,868,323 22,964,409 1,428 484 + — $5,120,873,245 1,191,515,260 $6,218,786,004 1,388,489,875 cities, five days.— — 860,941 1,421,455,176 Total all Cities for week— — Total (10 cities)— 295,293,621 ■ - +20.5 +10.6 • Grand • Rapids—.— + 18.8 time of going to press. able to give the final and complete results for the week previous—the week For that week there was a decrease of 8.7%, the aggregate of clear¬ clearings at this centre having recorded a decrease of 13.7%. We group the according to the Federal Reserve Districts in which they are located, and OF SUMMARY Week Ended BANK 1.7 — — 1,815,376 8.9 21,294,000 3.5 — 2,305,732 -18.2 + 1,472,503- • 1,791,663! 19,813,000 1,679,194 6,112,461 5.0 5,827,222 21,287,830 1.7 + 1,394,917; 20,073,414 1,083,639 1,059,988 + 0.3 8,768,766 9,520,880 + 8.2 4,208,069 3,627,241 6.2 354,392, •372,173,072 427,843,788 -13.0 334,418,701' 1,649,512 5,361,706 3,047)380 -45.9 '5,439,093 1.4 4,500,484 1,526,000 1,822,948 -16.3 1,234,500 1,549,914 1,704,927 — 9.1 1,360,165 1,304,512 467,808,378 528,400,825 —11.5 415,632,604 402,678,455 2.8 -,v Peoria—! ' : Rockford--— i L (17 cities)- T 527,287 — — 346,465 325,825,848 , 1,162,616 ; 1,231,121; 4,596,854 ! 1,209,725 Eighth Federal Reserve District- -St, Louis— Missouri—St. Louis__: Total 135,900,000 139,900,000 48,780,672 58,768,226 — 44,234,305 41,-783,851 ——. 607,000 229,521,977 — ——— — ... (4 cities). Ninth Federal Reserve District— St. 105,300,000 43,133,761 34,686,737 5.9 34,684,029 27,333,273 818,000 —25.8 760,000 525,000 241,270,077 4.9 185,677,790 167,845,010 — + 4.306.281 3,750,371 3,653,105 1,301,652 + 1,346,063 1,110,393 + 5,365,842 3,867,228 159,842,709 , 39,035.633 1,339,567 Paul 97,229,384 38,495,707 — 105,990,592 2,998,657 - ' Minneapolis— Minnesota—Duluth Minneapolis 107,100,000 —17.0 149,947.766 -ii Dakota—Fargo Montana—Billings——— Helena •—L - + 4.8 3,374.842 2.795.217 + 9.0 78,375,067 65,242,799 1.4 31,695,741 26.823,569 —17.9 2,795,630 1,007,711 2,270,725 2.9 21.2 1,086,566 858,769 + 38.8 3,850,720 3,386,696 6.6 122,186,277 102,134,315 — 756,540 CLEARINGS 1941 1942 28 Nov. by Federal Reserve Districts: a summary 3,144.807 4,968,904 v North furnish - 11,388,104 South Dakota—Aberdeen we 1,470,902 5,374,490 494,584 Decatur--——1— Tennessee—Memphis Illinois—Quincy__! District of 2.4%. 231,604 433,242 3,821,729 11,420^442 Illinois—Bloomington—■_ Chicago— 13.6%, in the Boston Reserve District of 10.9% and in the Phila¬ In the Kansas City Reserve District the in¬ 16.7%, in the Dallas Reserve District of 7.0% and in the San Francisco Re¬ 2,925,485 1,546,047 Kentucky—Louisville District registers a gain of 6.6%. 2,518,322 8,836,867 ; District (including this city) the totals delphia Reserve District of 4.3%. In the Cleveland Reserve District the totals are smaller by 7.5% and in the Richmond Reserve District by 4.2%, but in the Atlanta Reserve District the totals are larger by 6.5%. The Chicago Reserve District records a loss of 11.5% and the St. Louis Reserve District of 4.9%, but the Minneapolis Re¬ . 8.2 + 24,272,831 *■— City ~ " 25.5 — 25,119,000 7,225,860 Total following 181,781,839 6.5" —10.9 468,885 24,682,697 _ ings for the whole country having amounted to $6,930,901,307, against $7,593,932,389 in the same week in 1941. Outside of this city there was a decrease of 3.4%, the In the 209,631,853 1,961,815 ' 2,475,525 Springfield—^—— is 176,571 46,309,492 + 4,082,686 2,822,115 ended Nov. 28. decline of 1,886,907 116,058 48,547,469 ' 22,'878,000 Iowa—Cedar Rapids Des Moines Sioux . 3,747,867 2,462,717 Bend Terre Haute— We cannot furnish them today, in as much as the week it appears that in the New York 417,831 ;■ Indianapolis— Accordingly, in the above the last day of the week in all cases has to be estimated. In the elaborate detailed statement, however, which we present further below from this 2,436,675 9.4 + 14.6 • : — Indiana—Fort Wayne— Complete and exact details for the week covered by the foregoing will appear ends Saturday and the Saturday figures are not available at 277,162,582 —18.3 — District—Chicago Wisconsin—Milwaukee- issue of next week. 171, 272 63,163 850 — Michigan—Ann Arbor— +16.5 $7,597,710,748 $9,028,731,055 —. 5,374, 218 155,154 — Orleans 44.0 +21.4 $6,312,388,505 *1,285,322,243 $7,607,275,879 „ 4,389,225 72,414,824 ■ __ South serve 94,104,817 29,738,376 25.5 : : All cities, one day crease 0.3 4.2 26,281, 000 37,237,422 " Mobile + 38.3 Lansing— serve 1,324,996 + 2,889, 749 , ' 39,574,604 Alabama—Birmingham 46.1 1,752,135 „ *1,500,000 200,122, 000 Ten a 2,825,000 49,969,909 1,408,225 —20.4. 5,035 610 30,231 316 — 125,500, 000 Other show 3,973,000 102,400 ,000 -_■, Florida—Jacksonville 0.2 Seventh Federal Reserve bank , 52,620,027 223,155,549 5,213,125 114,713, 581 — — Cleveland—,. cities $ 564,074 568,965 5.1 115,279,431 103,200,000 — 245,636,000 City Baltimore are 1939 + 19.4 34,786,147 ; - Pittsburgh————— we 1940 —11.0 — 1,974,851 213,835,443 139,500,000 our 5,761,000 64,435,888 , 27,684,265 , . . L—. Kansas Ban Francisco.. in 28 » —20.4 918,232 11,757,769 115,665,671 — Georgia—Atlanta— Augusta + 24.6 — — Dec. % Sixth Federal Reserve District—Atlanta- % 371,803,546 New Nov. Inc. or $ 61,118,023 Columbia—Washington— Nashville-—- 5 Dec. Ended 1941 1 6,879,000 1 ■■ . Tennessee—Knoxville Ended ) ' 730,715 • Carolina—Charleston— Maryland—Baltimore Our preliminary total Clearings—Returns by Telegraph Week $ i — Richmond—— there is center * 1 Virginia—Norfolk $9,028,731,055 against $7,597,710,748 for the same week in 1941. At this an increase for the week ended Friday of 24.6%. Our comparative for the week follows: : : stands at ' ' j, Virginia—Huntington South from which it is possible to obtain weekly clearings will cities of the United States ' Fifth Federal Reserve District—Richmond—• clearings this week show an increase compared with a year ago. Bank •. • , THE COURSE OF BANK CLEARINGS Inc. or 1940 Total 1939 (7 cities)— + ■ 1st 2d Boston New York Cleveland 5th Atlanta St, 9th 7 - 6 - Chicago 8th 10 .. Richmond 6th 7th 12 __ Philadelphia 4th ... 10 — 17 „ Louis. 4 — 7 Minneapolis 10th Kansas 10 City 6 11th Dallas Francisco 12th San 326,194,271 3,508,957,217 561,565,202 464,570,649 502,414,852 213,835,443 223,155,549 295,293,621 277,162,582 467,808,378 528,400,825 229,521,977 159,842,709 241,270,077 149,947,766 10 ... «« M M « II II $ $ 269,212,357 273.627,825 Tenth Federal Reserve District —13.6 4,063,306,816 537,369,051 H ' '—10.9 366,282,098 12 cities ...._ 3d Dec. % $ Federal Reserve Districts 3,340,289,760 3,780,082,992 Nebraska—Fremont—.—. 4.3 441,735,508 455,551,756 Hastings 7.5 371,352,514 363,398,878 Lincoln. — — 4.2 182,413,410 6.5 209,631,853 163,395,639 181.781,839 —11.5 415,632,604 402,678,455 — + 4.9 213,973,130 183,299,758 + 16.7 185,677*,790 122,186,277 148,173,717 106,798,534 99,827,826 + 7.0 75,774,563 406,736,327 397,299,038 + 2.4 289,411,229 Omaha 1 6,930,901,307 — 6.6 + Canada 7,593,932,389 3,546,518,193 3,672,330,486 462,745,402 111 cities 456,213,321 32 cities ,—- 167,845,010 + ^02,134,315 139,055,374 8.7 — 6,051,491,582 '!+': '' .:V +V" c' Clearings 1942 2,826,490,510 2,708,005,318 382,671,662 341,704,162 1.4 + Ended 1941 $ :K + $ at— : or ■ ' V bee. % 822 862 Maine—Bangor—689,470 Portland—— ——^ 6,104.424 1940 $ '0 1 Bedford New Haven New New '• 1,758,253 7.9 659,717 709,687 0.5 339,592 310,070 835 176 367, 671 ; — + 923, 564 —15.4 588,206 662,480 4,541 56 L *~18.8 2,995,143 —21.6 1,772,573 14,128, 624 —25.2 14,072,046 12,954,391. 6,339 687 —18.5 15,649 ,800 —18.1 4,908,707 .12,769,900 11,521,700 899 249 —19.6 893,570 York—Albany.— 326,194,271 366,282,098 —10.9 269,212,357 273,627,825 Binghamton 4,750,216 2 +13.5 8.7 40,300,000 584,553 778,199 705,017 832,348 —15.3 966,192 890,164 3,384,383,114 3,921.601,903 —13.7 3,225,001,072 3,664,825,814 8.284.060 9.805,370 —15.5 Syracuse ———4,933,523 Connecticut—Stamford— 5,934,715 New Jersey—Montclair 305,087 5,244,865 York Rochester —• ,Newark 0.1 598,947 602,499 183,299,758 + 16.7 148,173,717 139,055,374 v 1,663.653 . 3,127,333 284,305 6.3 1.138,360 1,365,511 78,666,087 + 9.2 60,722,849 58,596,000 10,845,421 + 14.8 7,636,417 6,822,909 2,860,000 ^ 1,564,473 + 2,184,000 — (6 cities).: 2,656,000 -17.8 1,922,000 955,492 1,176,469 -18.9? 1,099,336 756,386 3,668,055 Falls.—. 4.919,376 -25.3 3,255,601 3,089,690 + 7,0 75,774,563 73,490,496 + 6.4 106,798,534 99,827,826 Washington—Seattle 73,107,682 Yakima Utah—Salt Lake ; 41.180,893 + 21.6 1,284,411 +14.8 39,667,541 32,112,474 24,848,369 + 0.6 19,217,902 17,359,156. + 0.9 5,807,138 Pasadena—.—.— San 44,381,993 1,481,781 55,265,268 24,994,409 .! City California—Long Beach— 68,689,055 1,799,838 63,457,475 • Oregon—Portland— 3,537,464 ;! 4,163,093 1,291,540 4,038,007 —46.0 3,648,046 229,120,976 San Jose—__i_.__■-'■; Santa Barbara—. . 5,755,435 1,969,902 226,840,568 - Francisco 3,112,649 1.0 170,598,000 164,388.000 6.9 3,002,058 2.945,372 — 3,801,086 1.365,230 — —14.9 (10 cities) Grand Total — 3,084,264 406,736,327 .W 1,525,435 25.1 2,458,147 7,593,932,389 3,546,518,193 + 397,299,038 6,930,901,307 (111 cities).—.. 3,672,330,486 1,358,398 Week 1942 Canada— $' Toronto— 3.117,645 1,521,232 - 1,834.240, 2.4 269,788,553 6,051,491,582 3.4 — 289,411,229 8.7 + — 9.182.136 4,313,326 Winnipeg 4,604,494 Vancouver- —27.7 403,685 513,651 Ottawa.—— ' . s •' .•'• 2,826,490,510 6,372,831,132 2,708,005,318 Montreal Dec. % 54,550.251 1939 .7.''s 3.0 $ v , • 98,249,471 104,181,439 + 22,157,759 61,441,287 V:';' 1940 115,829,487 + 61,382,263 25.568.609 26 —19.9 121,826.340 62,008,357 • Nov. Inc. or 136,309,210 125,538,825 7,621,034 4,647,858 - +13.2 Ended 1941 122,864,475 5,371,990 5,106,175.— 3.4 .422,155 1,604,758 3,857,189 Stockton— 656,843 1,513,413 New 561,085 + — 6,313,286 49,600,000 Jamestown- : 37,600.000 +13.2 : 1,717,648 ———• + 44.2 213,973,130 Outside New York 8,705,352 1,118,153 45,300,000 _ ——_ 3,431,679 511,755 806,820 ' —24.7 Elmira..„—881,280 Buffalo 3.4 737,979 / 5,847,984 4,400,968 ____ 1,229,598 1,167,338 Second Federal Reserve District—New York— New 98,009,896 Twelfth Federal Reserve District-—San Francisco— 1,703,352 813,269 _ 102,920,762 3,900,237 ________ Galveston— 3,532,618 2,678 515 V'.3,688,292 5,167,600 (12 cities) + 10.6 85,872,705 Total Total 2,854,957 131,702,370 4,039,113 Worth.—12,454,629 Wichita 234,018,790 12,814.500 . Island—Providence—,. Hampshire—Manchester——. 2,460,610 Eleventh Federal Reserve District—Dallas— 538,930 2,108,095 227,571,088 10,561,660 Connecticut—Hartford—.L Rhode 533,720 +95.3 781,274 ' 33,932,803 1,590,765 807,606 (10 cities) Total 2,098,808 — Springfield Worcester—. 4.4 ;• —20.6 369,368 — —16.2 $ ■; 3,125, 561 769,143 Lowell 30,111,067 + + 41.9 145,715,382 TexaS'—Austin.—., Dallas—. 1939 'r> 315,969, 828 282,336,463 Fall River + 36.2 1,758,192 3,290,327 28 Nov. Inc. First Federal Reserve District—Boston— Massachusetts—Boston 38,795,128 91.634 1,834,733 V — 6,372,831,132 3.4 — our Week + 2,637,873 94.418 4,668,645 Louisiana—Shreveport.^ • 106,207 2,484,734 Pueblo detailed statement showing the figures for each city for the week ended Nov. 28 for four years. ' '■ .• < ■ ■' add now 97,914 + 32.3 52,842,708 — Missouri—Kansas City— St. Joseph.— L Colorado—Colorado Springs Fort We + 87.8 + 283.0 Wichita Total Total 95,403 *100,000 2,200,650 ——L_. 269,788,553 €i II Outside New York City 171.606 382,985 2,911,199 — Kansas—Topeka——— 73,490,496 II II Kansas City— 96,017,627 66,162.593 1.0 46,476,617 +15.4 18,195,255 + 12.6 ■ 45,550,237 18.262,010 3.8 4,968,220 4,562.418 8.3 3,097,318 2,573,011. ;. . 15,745,349 21,855,414 (12 cities)—, 20,914,927 24,346,733 Quebec—. 5,588.350 5.383,205 37,686,541. —17.1 24,653,944 25,478,147 Halifax 3.690.059 4,023,632 Hamilton Total —12.1 31,256,391 Northern New Jersey 24,869,863. 7,693.671 6,964.418 + 10.5 5,578,338 Calgary—— 7,398,030 7,223,601. + 2.4 6.779,360 2,539.017 2.188.168 + 16 0 1,973.963 Victoria 2,164,155 1.893.955 +14.3 1,908,851 1.483,744 London 2.915.440 2,561,350 + 13.8 2,394,688 2,510,156 Edmonton 6,866,285 5,694.599 + 20.6 4,427,762 4,099.524 Regina.—j___ 6,335,309 +38.0 5,256.542 4,585,234 3,508,957,217 ... 4,063,306,816 —13.6 3,340,289,760 3,780,082,992 St. Third Federal Reserve District—Philadelphia— Pennsylvania—Altoona 310,664 —. 'Bethlehem + 5.9 385,446 392.041 495,178 —!___ 434,634 —10.0 378.636 412.672 1,763,315 —23.4 1,462,149 1,255,882 526,000,000 544,000,000 3.3 429.000.000 442.000,000 — 1,001,162 _ Wilkes-Barre- 1,160,096 —13.7 2,033,641 2,474,294 —17.8 1,005,844 :Scranton 969,428 +51.1 3,120,400 , (10 cities) 537,369,051 ... 1,606,323 2,087,424 2,350,809. 1.075,412 1.225,737 1.161,787 1,193,614 . 8,347,900 561,565,202 ■, + 5.2 —62.6 — 3,779,900 4.3 441,735,508 4,619,500 455,551,756 Fourth Federal Reserve District—Cleveland— Ohio—Canton Cincinnati—, 3,012,961 —„ 1—; 90,977,799 174.664.585 14,407,600 Columbus + — — 4.4 2,806.845 2,196,083 1.3 71.202,910 66.107,449 9.7 122.984.408 117.355.100 11,984.700 14.376.60°, — Pennsylvania—Pittsburgh- 16.011,600 —10.0 ? 373.153 —25.4 1.991.616 1.667.524 4,136.073 —46.2 3.128,326 3.158.299 195,627,917 ^ vmou 2,223,500 Mansfield YounTstown— 2.884,765 89.757,924 157.769.813 Cleveland 211,366,877 7.4 157,253,709 (7 Cities) ' 502,414,852 371,352,514 363,398,878 6.544.230 1.652.678 524,615 452.878 + 15.0 394.036 889,705 657,866 + 35.2 530,614 638.886 1,893,276 1.631,215 + 16.1 1,476,925 1,554,750 + 15.6 Saskatoon— .... Moose Jaw Brantford — 860,165 : 744,111 1,063.557 1,039.005 970,702 1,087,110 1,053,927 1.088.397 439,190 394,169 740,407 755,666 953,794 811.562 1,158.676 1,195,746 4,501,211 3,992.578 — Fort William. New Westminster. Medicine Hat—„. Peterborough.. — Bherbrooke Prince Albert 641,476 550,816 1,132.691 1,460.404 Kingston 726,717 770,139 Chatham 828,886 926,408 Moncton 280.405 674,198 ;*482.250 2.4 928.247 683 319 —10.7 872,252 734,618 3.2 791,514 692,488 + 11.4 323,010 238,756 2.0 566,946 17.5 882,850 716,721 3.1 1.110.860 1.033.481 + 12.7 3,283.078 2,391.872 + — — + — 541.518 400.044 + 16.5 442,991 —22.4 997,232 857,081.' 5.6 579,918 543.889 —10.5 640,592 — 158.537,832 464,570,649 . 5,386,069 ; Brandon — Sarnia— 7.5 - (32 cities). 'Estimated, 604.920 577.335 1,149,618 Sudbury Total .Total '4,591,320 — Lethbridge—_— Windsor 1,503.671 ' 2.033,855 t — Kitchener 1,581,727 — Jersey—Trenton Total 5.43,792 370 889 1,350.492 __— Philadelphia— New —15.6 389,130 'Lancaster York— ■ 368,072 575.991 — vChester Heading • John + 1.327,845 462,745,402 456,213,321 575,345. + 4.8 419,832 350.457 15.4 + 1,138,490 1.154.168 1.4 382,671,662 341,704,162 * 1 Atlanta & West Point Net ry, 120,913 income— oper 1940 from Net 2,039,699 592,406 199,130 156, Net revenues . ry. operv of dividend ry. —V. V. 155, $540,714 $19,458,269 and 15 31,767 2,935,034 2,286,526 2,285,443 3,372,115 931,289 920,747 income.^ 2,216,099 401,370 385,861 $486,845 $17,015,217 Net rapid transit 156, p. 1,324,978 V ; 735,256 Period End. Oct. 31— Gross per cents per 25, July during 1941.—V. 156, p. 1949. declared have directors stock common per on from earns, 37J,2 , •• • , ; , ',, the and Dividend—- 35 quarterly last, $9,676,994 of dividend accumulations cents per share on dividend of 62Va cents dividend of a regular compared with 40 cents on Mar. 31, 1942. Payments on the common stock during 1941 were as follows: 45 cents; June 30 and Sept. 30, 40 cents each; and Dec. 31, 45 v. 156, p." 1858. ■. as 1 1, Net of Shoe Co., Inc.- Brown ry. 436,504 17,551,448 9,277,295 6,733,351 15,286,101 8,294,925 6,241,688 10. 982,740 4, 950,744 3, 977,558 929,634 747,872 income.. 633,165 18,555,430 oper. 1939 $1 ,927,681 1 ,247,042 1 ,009,252 $1,983,510 FromJan.l— V /. ; railway- from Gross ry. 7,685,461 railway from Net —V. 3,323,881 income— 1572. oper. 156, p. goods sold—— 1— depreciation—t. reserve— from Gross income 182,750 3,014,125 $1,116,727 1,276 $1,259,846 13,016 $158,506 $1,272,862 $1,137,273 5,871 5,966 56,619 56,067 $152,540 $1,216,243 $1,081,206 985 • $224,723 — Income 20,546 of cents per Net profit Dividends $919,515 A dividend f (For - June 16, 15, Stein Bros. & — Stock Placed Privately— financing for the corpor¬ ation. (The stock is currently quoted about 70(1-750 per share.)—V. 155, p. 2363. . < not represent new Belding Heminway Co.—Earnings— $3,459,434 $1,965,985 1,339,685 1,220,840 62,856 57,842 $687,303 $2,056,893 Other income Total income Expenses of deductions for Federal income $4,824,157 118,814 627,218 $5,603,889 $4,943,880 $4,078,125 surplus, end of period.— of shs. of . $167,565 . 421,500 Sept. 30,'42 Dec. 31,'41 $565,448 74,000 $89,825 2,301,940 the of addition by conclusion of the war. . same „• < Assets— Long-term 179,073 25,522 53,163 741,408 794,314 16,970 24,670 195,884 199,662 __ charges ———■ — 1 Capital $7,402,849 —————. State 50,000 investment Non-current and receivables.—— taxes, rents, etc.— Post-war refund of excess profits tax Insurance, 142,500 Liabilities— ■ stock Preferred ——1— - *«; stock — ——— Accounts payable — Notes payable —— Acceptances under letters of credit, secured by trust receipts of wool in transit or received Reserve for Federal taxes, etc.—:-— tCommon Capital surplus „— Earned surplus Reserve for inventories — contingencies... for 1738. 2,871,688 504,726 5,603,889 4,943,880 1,000,000 392,500 1,000,000 205,602 $30,221,263 $31,310,036 313,609 by no par shares.—V. , $2 the par Nov. record of Aug. capital Dec. the meeting stock of held this State payroll taxes, ;;:- on Nov. holders of approximately to adopt an Agreement of The merger agreement has 81$ of the stockholders of 30, voted company Indiana' company. the the first Co.—V. Transit step companies these the consummation of the unification Northern Pipe Line Co. and New York towards and the p. 1738. 156, Buffalo, Niagara & Eastern Power Corp. Earnings— \ (& Subs.)— - 7 1942—9 Mos.—1941 1942—12 Mos.—1941 $37,750,868 $35,078,500 $50,625,115 $46,391,442 deductions30,484,024 26,331,288 40,273,291 34,279,944 Period End. Sept. 30— Operating ♦Oper. revenues rev. — — $7,266,844 — — 45,619 Operating income Other income _ $8,747,212 $10,351,824 $12,111,498 10,419 46,736 206 Net income by dividend of 10 cents per share stock, out of earnings, payable Dec, 15 to 5. Distributions of like amount were made net in- subsidiary 3,153,888 $4,259,205 $5,603,743 $6,304,189 $7,950,603 280,000 480,000 280,000 • < 360,000 $7,670,603 ♦Provision for Federal income and excess profits taxes for the nine months ended Sept. 30, 1942, was based on 40$ of the estimated normal and surtax net income and on 90$ of the estimated excess profits taxable income without giving effect to a post-war credit of 10$ of such excess profits taxes. : v • Operating revenue deductions shown above include the following tax provisions and for Canadian income taxes: Bal. to earned surplus Period End. Sept. 30— Fed. Dividend— —— of a $8,757,631 3,053,258 deductions come $10,398,560 $12,111,704 4,094,372 f 4,161,101 $7,312,463 income Gross Income Canadian —V. 156, $3,899,205 $2,035,351 1859. p. 413,075 Operating Boston & Maine RR.—Earnings— 1942—12 Mos.—1941 $2,806,910 $2,947,982 447,034 3,169,216 524,579 559,087 . revenues — ♦Oper. rev. 1942—10 Mos.—1941 $5,357,446 $64,341,833 $48,145,804 3,977,883 40,966,428 32,728,341 $5,824,189 $2,516,356 3,169,216 Buffalo Niagara Electric since.—V. 156, p. 954. $5,323,743 1942—9 Mos.—1941 taxes— prof. taxesincome taxes income excess Period End. Sept. 30— Period End. Oct. 31— and 2273. with the Indiana Pipe Line Co. already been approved by approximately 24 declared a none p. Merger _ and Dec. 20, last; 15 155, special a Federal The directors on Federal Buckeye Pipe Line Co.—Merger Approved— At 94,870 3,083,850 ; —_______ tRepresented depreciation. ♦After 156, p. $20,552,391 $19,617,027 L commissions; officers, directors and employees, (Interest capital stock tax. (Represented by 246,000 no Federal Reservation .u—__ — ... and wages shares.—V. 82"Vof 1,900,000 duty on waste sales—— Reserve for $2,640,300 15,680,450 1,461,960 —504,726 —-—— ... —.u.. balances, of and note par — — 96,691 246,000 3,105,882 . 971,031 7,953,075 . $2,640,300 15,680,450 1,322,108 LL.—i.' —— surplus ————- i —————— credit 246,000 3,105,882 186,472 8,878,044 ; • 3,000,000 113,834 —— ♦Salaries, on — 2,588,766 55,225 600,357 3,000,000 income—. on $1,000,000 107,360 1,719,744 . — , : $30,221,263 $31,310,036 —————— — - 6,348,312 13,305,548 1,831 511,629 3,993,877 14,759,695 8,440 395,477 —__.——, $700,000 •/ 2,495,055 —„_— payable—-—. note stock surplus Total and taxes Operating revenues.— deducts Corp.—Earnings— 1942—9 Mos.—1941 $17,297,956 $16,853,000 14,154,968 12,522,418 1942—12 Mos.—1941 . $23,^07,868 $22,474,350 18,654,755 16,355,143 1942—Month—1941 Operating expenses Net oper. $6,862,849 rev —— ——4,; Equipment rents-rDr—. Joint facil. rents—Dr.. $7,458,071 4,438,932 Other income $23,375,405 $16,417,463 $3,019,139 $1,379,563 1,153,107 217,135 439,728 287,165 8,695,946 2,707,128 22,932 8,871 149,313 5,061,010 2,742,056 58,182 $643,799 $11,823,018 __ — $6,119,207 payable (banks and bankers).— $1,300,000 Accounts payable (trade).;—, ; 654,'313 Accrued expenses, wages, etc.. ; 223,560 Accrued taxes, inch Fed. inc. & exc. prof, taxes 458,978 Accounts receivable credit balances Miscellaneous liabilities 5,107 Common stock (no par)... 1,757',200 Treasury stock .— ;; Dr203,413 Capital surplus —— 1,350,275 Earned surplus since Dec. 31, 1932— —1,856,829 — — $1,500,000 322,257 Net ry. Other income for depreciation of $1,494,972 $1,432,570 on Dec. 31, 1941.—V. 156, p. 689.. $7,402,849 on Sept. 30, inc—. 467,018 .$1,625,965 101,182 __— 14^825 * 1 4 450 Total income.— Net $1,727,147 . 1,126,433 1,055,210 ~ $733,750 $12,949,451 $9,611,425 . 89,951 income Bal. to earned etc.) — 411,729 384,127 4,075,331 3,894,996 $349,623 $8,874,120 $5,716,429 1,757,200 Drl83,009 1,367,263 1,488,578 Net income $1,315,418 permitting abandonment by road of its Essex branch line extending from Hamilton to the of the track at Essex, approximately 5.17 miles, in Essex County, the 1942 end Mass.—V. on 156, Nov. p. 20 issued a certificate 1738. 11,138 $6,130,345 1,456,230 $4,339,316 1,491,240 $4,563,828 2,021,992 1,968,098 $2,848,076 $2,541,836 $4,162,247 280,000 480,000 280,000 surplus $1,335,230 $2,568,076 $2,061,836 $3,882,247 Federal income and excess Sept. 30, 1942, was surtax net income and ended tax provisions: Abandonment— $6,862,849 and ——— 10,715 profits taxes for the nine based on 40$ of the estimated normal and on 90$ of the estimated excess profits taxable income without giving effect to a post-war credit of 10$ of such excess profits taxes. Operating revenue deductions shown above include the following months (rentals, deducts, interest, $4,553,113 8,734 $3,151,460 income deductions ♦Provision for Total $4,330,582 8,472 $8,556,215 Gross Income 124,267 The ICC ! — oper. $3,142,987 $1,695,230 Operating income Liabilities— Notes reserve 1 17,402 $20,5527391 $19,617,027 —j—; surplus Earned 1,896,599 1,799,142 — Inventories Taxes ♦Less 1 17,011 ——— 360,000 *Land, bldgs., mach., equip., etc. (active mills)_ assets of inactive mills (less reserves) Fixed Total 1 1 . $9,246,117 89,072,132 ' ——— ... holders 4,212,303 195,816 2,658,687 etc —7 (Common 56,257 517,213 assets and This is Oct. 3,'42 Sept. 27,'41 equipment, etc buildings, ♦Land, on . (currently)————..— payable Reserve of ' ■ U, S. War Savings Bonds—— Accounts and notes receivable on 483,474 77,737. — — — 6,293,057 2,360,706 consol.)—_ — Federal ( , vBalance Sheet ; 7 1,253,581 11,117 2,953,346 hand, and in transits. U. S. Treasury savings bonds Accounts, notes and trade acceptances receiv¬ able (less reserves) Miscellaneous accounts and notes receivable Merchandise inventories Investments in affiliated companies Total income (1942) are based provisions for Federal taxes on Blue Diamond Corp.—10-Cent on 1942 for excess profits $1,450,000 in 1941 and $1,425,000 in amount to the Reserve for Con¬ tingencies, because of the anticipated expenses for reconstructing plants and organization of the company onto a peace-time basis after the offset Balance Sheet Assets— stock— $1.00 ; 8,930,412 457,343 (not (Accrued local taxes—--— 313,609 $3.76 313,609 $4.41 313,609 $3.00 — —■ ... 254,680 $368,250 411,200 $1.50 — ♦Trade accounts payable— stock out¬ com. amounting to $142,500.. The post-war refund of excess profits tax as calculated is shown on the balance sheet as a non-current asset, and Total Comparative ... dividends Reserve $422,245 247,700 Earnings per common share——. Deferred 7,188 290,000 » $615,950 Surplus — — Outstanding shares of common stock— Other 4,629 3,631 1,466,000 profit Common dividends in banks, $724,062 16,402 — & excess profits taxes Net Cash 36,760 ,. . $2,101,983 — inactive properties (net)— — Miscellaneous Prov. 45,089 —— —— charges $6,003,521 118,814 940,827 dividends 1941 ... goodwill, name, Deferred 6,605,997 9,887,188 (net).^T.—" assets— companies '< 1941 $1,038,177 ■ ■ , : ; Trade the Revenue Act of 1942. The deduction for excess profits tax for the full tax without credit for the post-war refund of 10 "o, Cash sub. in 1 1942 SI,146,407 ' , plants and equipment (net)—. $6,193,116 118,814 470,414 —- — — Total 1942 Months Ended Sept. **On 31 Oct. Sheet, — other Lasts Notes —— •• 30— ..." Gross operating profit—-—.— Selling, general and administrative expensesDepreciation ———— — — 9 Investment Property, $1,298,771 3,525,386 ♦Includes is receivable and $1,502,136 4,501,385 standing had Boyce announced Nov. 27 that they $498,132 492,000 $2.02 Liabilities— Total is - ——; Investments upon purchased and placed privately approximately 196,000 shares of common stock (par $1) of this corporation. The issue does 28,366 — Inventories Total Earnings per share on com. : 15 and Dec. 15, 1941.—V. 156, p. 1687. Sept. exps.— non-oper. Balance ———; Contributed stock, par $1, payable Dec. 15 to holders of record Dec. 5. Payments of 10 cents each were made on March 16 and June 15, last; none since. Disbursements of 20 cents each were made on Bayway Terminal Corp. $4.11 " 450,000 Earned mon March 492,000 $3.73 — §For employer's liability and compensation insurance. Cr8,254 Aver. no. declared on the com¬ has, been of 20 cents per share $1,012,118 491,250 stock.—— share administrative and general expenses; bad debts less recov¬ anticipated decline in market prices of materials in the ♦Selling, eries. 129,003 Preferred Dividend— 71,121 106,000 110,000 common per ♦2,250,000 Note—The Basic Refractories, Inc.—Resumes 75,243 470,000 .... on ♦♦Earnings $675,254 ' .62,834 profits excess .< $1,060,282 surplus, beginning of year.. 5,132,834 Earned has share 2,745,666 611,852 : other & income Net Corp.- -50-Cent Common Dividend- 50 $19,347,723 13,876,852 3,883,365 3,097,218 599,703 604,770 12,406, Reserved for duty on waste sales— 60,001 Interest received, etc.— ; Cr9,083 Provision for Federal income taxes *2,175,000 Reserve for contingencies 250,000 Interest been declared on the com¬ mon stock, payable Dec. 17 to holders of record Dec. 9. This is the first distribution this year. Payments of 25 cents each were made on July 1 and Oct. 1, 1941, which was followed by a dividend of 50 cents on Dec. 29, 1941.—V. 156, p. 1858. dividend 8,811 $1,667,361 595,000 • normal income taxes Federal Trade'accounts Sept. 28,'40 discts. $31,967,350 $28,584,179 25,061,227 20,477,978 — Depreciation Common Barker Bros. A sales.— of Selling, shipping & gen. & adm. exp. 1737. p. — 208,121 taxes——1,030,000 State and Fed. Assets— Oct. 3, '42 Sept. 27,'41 sales, after cash & other Cost $157,231 366,505 $223,739 charges——— 156, 1942—10 Mos.—1941 1,446,942 income.— Non-operating income- 1940 250,000 205,776 ' $2,607,350 Consolidated Inc.—Earnings— Bigelow-Sanford Carpet Co., 9 Months Ended— Net $2,563,669 Operating , 17,144 Other charges (net)— 156, p. 1858. Products Corp. below.—V. See Hecker $4,273,971 - 239,852 — operations..— Inc.—Proposed Merger— (The) Best Foods, Coach Co.) \ Oct. 246,000 shares of common stock, no par. each on Aug. 30, 1937.—V. 156, $339,981 $590,244 250,000 u— ■(Provision for of ii'i $48,223,259 $37,737,369 $25,633,282 45,108,913 35,602,641 24,741,097 — Provision as 1941 1942 sales inventory. distribu¬ $12,072,915 9,509,246 revenues- account of declared on been (& Sub.)—Earnings— Years Ended Oct. 31— Net §Net increase in $2,201,246 1,439,188 1,013,834 $2,128,230 railway—— from Net $218,853 expenses share has per cumulative preferred stock, no par, payable record Dec. 18. A like amount has been paid $6 quarter since and including Jan. 2, 1941. Arrears 1942, amounted to $24 per share.—V. 156, p. 863,. Profit 1940 1941 1942 railway... from Gross share has been declared on the common Baltimore Corp.—Accrued Dividend— Distillers cents the holders to ♦Cost-of Mar. 31, cents.— 50 on each Earnings— Erie RR & Lake Bessemer October— share has been declared on the common 1942—Month—1941 Taxes -V. 18,005,366 1,723,655 — Brown-Forman A ! share on the prior preference stock, $2.50 dividend series of 1938, payable Dec. 31 to holders of record Dec. 15. Distributions of cents each were made on the common stock on June 30 and Sept. 30, $1,978,365 1 $1,349,492 $16,830,102 1,388,122 1,609,511 12,556,131 revenues--.... : Net $35,339,366 16,302,073 $3,816,385 $38,610,301 1,834,542 expenses Ltd.—Earnings 1942—10 Mos.—1941 1942—Month—1941 $4,028,964 oper. 156, p. 1948. 1941, and 25 cents on Period End. Oct. 31— Fixed , the common both Corp.—25-Cent Dividend— 25 (Including oper. *$152,274 earnings $2,194,422 $2,092,730 $20,604,935 $19,037,293 ♦Before depreciation and amortization.—V. 156, p. 1738. 75-Cent Dividend— has been declared cents per share Beneficial Industrial Loan Corp.—35-Cent Baltimore Transit Co.—Earnings— Net 6,891 $428,417 Brazilian Traction, Light & Power Co., Cash Operating 99,497 8,482 — 1687. 329,374 , 99,497 ——— .——.I—;—., — 234,533 324,165 ————A——— profit 4,432 236,132 —„—— — i 146,733. 3,761 rentals.— line items ♦Deficit.—V. 1737. Operating 1,721,462 45,909 roads..........— bonds..., Operating 75 each quarter Co.—50-Cent Dividend— cents of dividend The $11,330,821 stock, payable Dec. 23,to holders of record Dec. 9. A similar tion was made on Sept. 10, last, as compared with 15 cents March 138,646 6,167,120 income— oper. Net p. on Jan. Dr2,443,052 Drl,653,827 I>r53,869 • of dividend A 178,762 railway.... Bendix Aviation Corp.—To Pay . $1,923,850 inc.— 50 Atlas Tack V leased and stock, par $5, payable Dec. 30 to holders of record Dec. 10, Distribu¬ tions of $l each were made on March 2, June 1 and Sept, 1, last, and 38,082,874 2091. p. 85,533 156, p. 1572. A $5, par 205,107 1,883,577 —— for ♦Net payable Dec. 21 to holders of record Dec. 10. A simi¬ lar distribution was made on June 15, last. Payments during 1941 were as follows: May 16 and Aug. 20, 50 cents each, and Nov. 12, $1.— stock, 411,350 $2,390,649 operating expenses — Federal, State and municipal tax accruals...—, "Miscellaneous railway.—W- from in $2,127,822 Dr2Q3,972 Atlas Drop Forge A Total $232,506 91,758 37,058 oper. Net $1,140,714 $39,013,269 $17,380,821 600,000 19,555,000 6,050,000 equipment and joint facilities.—V, ♦Of 1939 $225,826 from Net *7,266 51,554,488 4,405,746 $5,127,822 3,000,000 revs. Operating income ♦Net amt, paid for rent ry. 1940 $395,584 railway——j.- from Gross RR.—Earnings— 5,522,931 required for taxes Net 1941 $759,827 1941 $3,029,943 ———...... Dividends 1942 railway- from Net 1942—Month—1941 " 194.2—10 Mos.—1941 $10,650,753 $5,546,460 $90,567,757 $55,463,695 expenses—^ open An extra of $1 and Jan. 2, 1940.— 1941, & Western Ry. —Earnings— Beaumont Sour Lake the Amt, 2, Rent OctoberGross /-'a' 1686. p. Period End. Oct. 31— Operating 156, p. 1,508,942 234,384 5,363 Atlantic Coast Line Operating been Interest 26,071 1,575,083 245,197 561,940 income ♦Deficit.—V. have and on Jan. last, Subway .$188,780 51,534 3,190,282 1,298,788 - railway oper. share per 2, on l 1942 receipts ■ railway from Gross V. 1939 $178,229 43,889 17,566 FromJan.l—. Net ry. cents 25 Jan, 1322. paid was Railway—Earnings- Month of OctoberTotal From Jan. 1— 1941 —'-'v i 176,067 railway of dividend Net $249,360 92,149 40,971 1942 $393,934 railway—.— from from Boston Elevated the regular quarterly declared on the common cents per share and 75 of stock, both payable Jan. 2 to holders of record Dec. 11. RR.—Earnings— October— Gross Net dividend extra An applicable to the earnings for the 12 months ended Sept. 30, 1942 and 1941, are $860,000 and $491,000, respectively. These estimates do hot agree with the taxes contained in the above statement due principally to periodic adjustments partly applicable to prior periods. The taxes applicable to the nine months ended Sept. 30, 1942, are computed on the basis of separate corporate returns, although it is contemplated that the company will join with its parent and domestic affiliates in the filing of consolidated returns for the year 1942, which may result in a substantial tax saving to the company.—V; 156, p. 953. State taxes and • . Beatrice Creamery Co.—75-Cent Extra Dividend— (Continued from page 2004) Federal 2033 CHRONICLE THE COMMERCIAL & FINANCIAL Number 4131 Volume 156 - Period End Federal Sept. 30— income Fed. excess —V. 156, p. taxes— prof, taxes 690, 351. 1942—9 Mos.—1941 $801,464 $1,098,200 547,852 — 1942—12 Mos.—1941 $1,083,122 547,852 $1,296,017 2034 THE COMMERCIAL & FINANCIAL CHRONICLE Burlington-Rock Island RR.—EarningsOctober— Net from Net ry. 1939 $152,672 11,250 40,660 43,138 . income— oper. 1940 $107,027 23,187 railway—$173,246 railway Fix Date for Interest 1941 $111,364 1942 . from Gross 14,131 8,260 *5,486 1,009,675 1,033,757 1,135,642 332,925 114,626 52,754 113,009 123,934 *23,455 *105,454 holders ♦38,841 respect of of Payment— is advising holders company record the year Dec. 31, its of 1942 will 1942.—V. income be 156, paid funding rights Mar. on that 1943, 15, all to 955. p. from Net from Net ry. railway--— railway income oper. •Deficit.—V. October— Gross 156, p. 1602, Bush Terminal dividend of Net accumulations able Jan. was made July 6V> holders this on 1942, 1859, record been of no $6 declared 26, each 11. while the on Net April on made. were arrearages Net account on A last, ry. Gross of stock, par $100, pay¬ similar distribution preferred Dec. Oct. on payments will be has cumulative of issue there 25, payment p. the on to 2 share per After 20 the have preferred Dec. the sents V. 156, dividend a stock, This 15. 15, of $100, par payment distribution a dividend Net $1.8302 payable the represents 1, share per Dec. 29 of sum on to the *6,223 7,885 12,785 4,246,015 3,035,263 2,441,307 1,849,934 1,755,474 926,004 750,407 307,088 1,331,506 544,618 427,492 37,714 from railway railway income... oper. 156, 1602. p. holders from ry. Gross Net 1942, together with interest thereon due of Nov. $1.8521 1, 1941, will be made, which interest thereon at with railway.... Net from Profit 1942 operations- $729,947 $470,163 36,441 31,903 29,220 13,985 9,342 19,153 19,257 138,620 Federal for taxes income Net 240,386 $443,779 $342,157 422,462 507,779 431,628 $839,091 $866,241 $849,935 Pacific 265,733 241,575 formulae goodwill, etc. Surplus, Sept. _—— Dec. capital stock out- standing Earnings formulae capital $422,462 stock 96,630 96,630 96,630 goodwill formation $4.59 $3.54 value initial $63,673 company; for stock and $5,000 for cash), written down to $1, as at a meeting of the board of directors, Nov. 20, 1939, $371,672, less balance in paid-in surplus, Oct. 1, 1939, $185,775; balance (as above), $185,898. , Balance Sheet, hand and notes demand and U. S. and Brands, Other formulae assets, Accounts Cash advances 41,522 tCapital $2,804,503 $60,908 $196,805 49,592 72,418 stock customers' orders." unfilled taxes... 26,932 $2,399,597 of $762,619 by 96,630 shares in 1941 of no k: Interest income *On , 1941 $2,863,581 1,763,388 $1,193,431 $1,100,193 9,247 7,934 .-...--..3-3331 $1,202,678 $1,108,127 528,886 500,201 184,258 97,233 tax-.II—.3.33333 $489,534 $510,693 208,501 208,501 stock 1602. Cambria & Indiana Acts taxes Net ry. railway railway . , 1941 1940 $194,471 $150,064 78 880 $149,630 96,066 47,684- 48,976 95,638 81,462 94,159 . income.. oper. 43 814 from Net from Net ry. —V. railway railway—.— 1,755 018 1,564,890 645,219 751,373 804,849 656!o39 income.. oper. due 156, p. 1602. Canadian snare live record share the Uec. 1,148,494 397,108 745,896 444,969 765,491 lob, p. usual quarterly stock* and regular stock paid quarterly also was declared, in each quarter which ry. oper. from Net ry. of 15 cents the on oer same 1942 and 1941. England—Earnings— $221,649 1940 1939 $131,382 $113,852 43,263 *6,801 *23,127 *16,295 *50,394 1,792,500 156, p. 1,639,950 149,494 *456,573 1,321,278 1,164,716 *85,935 *87,825 *20,803 733,957 *66,625 *621,565 1602. The directors the Like *542,024 on 30, June to 1 paid on last. On Dec. 31. 30 declared an extra the were and Sept. 30, dividend of 25 per $100, directors share on 549,932 $1,988,996 $2,129,615 this 1941, an 1941, issue on Mar. extra of 50 extras of 25 also the payable Dec. 7% 31 the cumulative to holders of 31 June cents was cents each 15. 639,450 • 647,425 59,214 expense—— 61,596 - 15,946 imposed taxes 14,608 $794,386 $925,986 371,210 631,057 Y contained the the in of above certain computation statement, non-recurring of Federal income tax saving to the Federal 156, ' 4 Co.—Earnings—a/A 1942—Month—1941 ; 1942—12 Mos.—1941 357,838 333,322 amortization 128,000 122,000 1,524,000 1,450,000 101,677 101,449 1,195,645 1,114,983 151,800 115,000 : — income profits $10,926,059 $10,306,518 4,052,048 4,276,369 income $169,869 deductions— etc.,. income DivS. $178,779 59,333 $2,206,860 707,936 660,975 $1,375,809 $1,545,886 41,800 501,606 501,606 15,951 35,101 191,407 $64,408 $839,102 $852,873 Note—The the 10 in the account on accruals for Federal menths ended 1942 of Oct. 31, of & Income Net and in Co., and and the to 3, oper. paid were wSe & 1942, although Vv. the to Burr, Inc., company of are is it ,'V by price of associates were third Offering holders of are 6 '/* of share the basis of stock preferred 6% bid of a 261,910 571,593 1,444 5,621,633 2,359,544 1,489 $15,854,094 6,336 886,016 885,055 2,264,488 7,768 ' shares of .24178 of of and stock, share one shares 1.2089 then held so for each for each by said holders. only by executing that purpose .by the or money order, payable to Central Maine Power Co.* for the full amount of the pur¬ chase price must be received by the company at its office at. 9 Greeji which with agreement certified a check St., Augusta, Me., before the close of business on Dec^ 14. scription received after that date will be accepted, The company has an agreement, dated Nov.. 19, with New No sub¬ \ ■ ( England Service Public Co., parent of the company, whereby the latter has agreed to purchase for cash, at the price of $10 per share, such of the *261.910 1, Dec. 1 as will deliver each from year of $5,000,000 its through upon . with the delivery of the serial notes, dated in amounts of $250,000 1943 taken not are rights. 1952, those as 1 and in the June on of maturing through 1945 bearing interest at the rate of 2 V* ^ per -those maturing in the years 1946 through 1948 bearing interest the rate of 2%% through serial 1952 notes the be to notes of option interest the to at call a rate of any .time selected be event of the 3% per for. redemption,, in the -company called so at be-callable to and those maturing in the years 1949 annum, per bearing are "maturities in of in less the than to inverse all or in part, the maturity, order the The annum. whole prior of their notes butstahd- If the notes to be called are to be retired from the proceeds of of preferred stock or.common stock of the company or from sale •premium, be to offered preemptive 1943 •years 'at stock common above-mentioned maturing serially 1942, of the the Sold Privately—Simultaneously company Dec. %t of Notes Serial bonds of shares exercise the they shall are be callable with together called accrued to be retired their, principal at and from unpaid without amount interest. the proceeds of the If the notes secured sale of of obligations of the company, ranking on a parity with the notes, they shall be called at their principal 'amount plus a premium of 2'/e thereof during the first six "months of the life of the notes; diminished by one-tenth of 1 ft on June 2, •1943, and iat the end of each six months thereafter, in;each case with accrued and unpaid interest. Company covenants in the notes that so long as any of the notes remain outstanding It will- not, ,except; with the yvritt.en : consent of: the registered owners of the notes, issue or assume any secured bond, note or other evidence of company other indebtedness, than unsecured bond, than later 1942—12 Mos.—1941 $4,328,810 $16,755,808 1,398,887 5,839,879 ! 105.9067. Shares—The first offered to the holders of common stock preferred stock of the company, of record on common of with Common of ■ syndicate headed by Halsey, while Harriman Ripley & a 106.199, a or bonds issued under the first year one note or from and general issue or assume other evidence of indebtedness maturing the date on which such indebtedness was originally incurred or assumed, provided that any bond, note or other evidence of "indebtedness having a maturity of one year or less may renewed: be year or extended the under defined 381,490 1,597,377 1,525,435 88,667 1,039,027 374,236 96,000 491,308 701,350 1,137,254 $1,038,133 $1,137,789 $3,996,279 $4,038,225 Rr441 217 JDrl,829 9,642 $1,037,691 454,126 $1,138,006 $3,994,451 $4,047,867 497,309 1,840,410 2,015,735 to $2,154,040 $2,032,131 successive first therein) and of (other general -an periods any one of not n^ore than one time bonds, notes or other than the serial notes and bonds and mortgage aggregate divisional principal amount lien issued bonds as of in, excess of $640,697 for each; or have outstanding at evidences of indebtedness $3,500,000. The „■ ..... notes maturing in the years . 1943 through 1945, ' . * 1 in,the aggregate amount of $1,500,000, are to be sold at private sale to Trust Co. of New York, and the notes maturing in the 1946 through 1952, in the aggregate principal amount of $3,500,000, are to be sold at private sale to The Travelers Insurance Co. The agreement with Guaranty Trust Co. of New York contem¬ -principal 330,000 Guaranty •years plates that it will have' associated with it one other institution whicli acquire a participation in the noies held by Guaranty Trust Co,, New York, for its own account for investment and not with a view will Gross Int. & income other A deducts.__ distribution or resale. dis¬ income Note—Provisions Jan. 1, Revenue 1942 Act have of for Federal income Description and been, computed at rates 1942.—V. 156, p. 777. excess in ' ",Y syndicate headed by The First on a bid of 106.31, ort an 3.1725'ic. submitted was at $10 per share, company, any Co.- -Earnings— inc. taxes- (net) prior - 1: 30, returns, Stockholders desiring to accept this offer may do the form of agreement to purchase provided for 345,000 118,000 income income the Inc;,. with •outstanding share $583,565 of 30 Nov. Coffin to stock ($10 par) common "Dec; 398,436 tax lieu prof. corporate to . ' . Sept. mortgage and divisional lien bonds as defined therein; 257,633 ' credit inc. profits— profits excess Other than taxes Excess for post-war 1860. 233,363 . franchises excess p. 592,554 other on 30 „/ Depreciation Taxes, Service $4,286,142 1,463,167 Operation Amort, reduction 156, 1942—3 Mos.—1941' revenues. Maintenance and, excess profits .taxes for substantially at the rates pre¬ are without profits taxes.—V. Period End. Sept. 30— Operating income 1942, Revenue Act excess ' $68,736 applicable ended issue of $12,500,000 1st and gen. mtge. 1972, priced at 107% and ac¬ and & •ing.' $122,159 Balance———— partly months M 3J/2S due second best bid Stuart •the 41,800 stock— nine /. basis Co., Inc., • 899,400 $2,083,745 56,620 pfd. stk. exp. on the oL separate awarded was cost 583,227 $110,536 ——, pref. on Amort, basis new Corp. 891,300 „„, a issue earnings, Gross to ' Boston 955,000 taxes— taxes—, adjustments effective with the initial public offering of these annum, A— taxes Excess company.—V. $850,550 expenses taxes ■ that the company will join with it§ parent and domestic the filing of consolidated returns for -the year 1942, result in a substantial tax saving to the company.—V, 156, /•outstanding by the several Federal Revenue therefrom in subsantial a $131,000,- respectively. .These esti¬ contained in the above statement and the periodic ■' the Preemptive 15 quarterly dividend of $1 75 participating preferred stock par Dec. and 228,783 $206,192 in interest 480,000 $1,649,615 tax usual record 480,000 $1,508,996 — $909,184 & Net declared - ;7:'7y;77\7-A77'71 Deprec. npr cents Dec bursed. The . 6,848 included were revenue Operating & -Extra Distribution— regular quarterly dividend of like amount stock, both payable Dec. 31 to holders of record amounts Sept Dec. on addition common 1941 2,534,399 $2,122,767 the 228,756 . Included in the group offering the bonds are: Blyth & Co., Inc.; Kidder, Peabody & Co.; F. S. Moseley & Co.; Stone & Webster and Blodget, Inc.; Harris, Hall & Co. ,(Inc.); Tucker, Anthony & Co.; White, Weld & Co.; A. C. Allyn & Co., Inc.; Paine, Webber, Jackson & Curtis; Arthur Perry & Co., Inc.; Hornblower & Weeks; Whiting, Weeks & Stubbs, Inc.; Bodell & Co., Inc.; Putnam & Co.; Charles H. Gilman & Co.; and Maine Securities Co. •' : 112,772 $434,976 ~ $63,107 —-k $163,000 with to applicable ; came $6,063,753 528,199 — — 148,875 $291,863- — securities. -Earnings- $1,982,684 exclusion Period End. Oct, 31— Gross Charges Canadian Celanese, Ltd sharAin of and $6,734,821 A..——„—■;——— the result in may r>m. 90,883 railway oper. income— ♦Deficit.—V. cents o#>ntc *36,541 railway 30 559,487 Central Illinois Public $139,400 income— from Net payable 1941 From Jan. 1— Gross Co. , with to profits 955, 351. ' Net five 95 dividend during 1942 railway railway— from of par™ipatin7LwendPof 777. from Net dividend » Canadian National Lines in New Net June 7 297,169 rates — ; are .'obligations of the holders October— Gross Gas & debentures——_k the agree which excess scribed were not do principally Int., preferred stock, all payable Jan 2 to The usual quarterly dividend of 12 Va cents 15. share per holders to 6,312 — $547,748 and Light Co. into Central Maine Power Co. which be¬ ' 1,274,832 a ParticiPatin8" dividend of the second common amounts Like V. on the on to ftrst preferred per share andthe cents share per of in the on cents 31 31, liability for the calendar years 1940 and 1941 and to periodic adjustments partly applicable to prior periods. The taxes applicable to the nine months ended Sept. 30, 1942, are computed on the basis of separate corporate returns, although it is contemplated that the company will join with Its parent and domestic affiliates in the filing of consolidated returns for the year 1942, 1939 Canners, Ltd.—Participating Dividend pe?hsLdreefnt0adrihmn addition share 50 840,549 debt discount of 23,622 $440,738 crued interest, to yield about 3.12%. This offering, to¬ gether with the sale of 261,910 shares of common.stock at $10 per share and $5,000,000 of notes, will furnish funds to carry out the merger of Cumberland County Power 1941. income—— and $524,126 Dr513 accruals——k—' agree on Inc., of $3 (including the recently-enacted 1942 Act) it' is estimated that the applicable to the earnings for the 12 months ended Sept. 30, and 1941, are $896,000 and $434,000, respectively. These esti¬ deductions ; per . Dec. ——_ General From Jan. 1— Gross and 577,818 Central Illinois Light 1942 $178,661 from from 1941, , 1942 RR.—Earnings- October— Net 24, profits taxes—— charges: basis $441,251 was made Dec. 3 by a group of investment bank¬ headed by The First Boston Corp. and Coffin & Burr, ers This 1942 • taxes 955. P. the on Dec. ,12. Mar. on .——————————4—kA.; dividends the mates income preferred income p. Gross of payable paid 156, — on dividend a were Electric accruals 107,953 fering Dec. on —————-- bonds on Other and deductions... income value.—V, par 1,880,625 taxeL—IIIITI __3_3.333 corporate p. $7 (net) reserve 79,892 163,215 210,964 —————„- — bonds Series value, par amounts excess 780,853 173,854 ———————— not which; may each; ~k—— Amortization .of $786,054 $3,024,056 . from operation Provision for Federal income 156, cents declared record j.—kk—————— income „1_: Central Maine Power Co.—Bonds Offered—Public of¬ been of .4———_k and income Retirement Earnings— k~kk._-—'' expenses & general Dividends 15 declared, the operating Gross $2,804,503 and 1942 revenues Net earnings Other income- —V. 25, Sept. 30—- income Common California Water Service Co. Net also income reserve 1941, do affiliates • 600,509 12 Mos. End. Oct. 31— interest last; taxes ' Net Gross no 1,657,71.1 832,105 contemplated 1 during The 1,632,00(1 585,437 ... -(Represented amounts Payments Sept. has holders 1, revenues, Utility Other 240,013 1,632,000 ——II—III' LlIIIIIIII" byOi Total and Like 1. 62,758 44,729 ——k— ... Total Operating Operating Like $3,313,749 basis of the rates imposed by the several Federal Revenue the recently-enacted 1942 Actit is estimated that applicable to the earnings for the 12 months'ended Sept. 30, and The I—I' /L^LalI°wance for depreciation p» to declared Maintenance ♦Federal the computed common 2,805,571 General surplus 1942. Dec. 25,- last. the on 1323. p. 1 1941 ... 1,961,993. (including The the 5*i>. on 12 Mos. End. Gross in stock, 17. directors Operating 49,035 $2,399,597 —A—Y,^k—— on income Earned 20 share per 1 charges expenses Federal declared record last, and in each quarter during share - 1009. 24 Oct. on 1942 $3,702,196 profits taxes_,_„_«. deductions taxes mates 35,665,559 > payable Accrued 1 ' „ 60,063 696,831 — deferred Total Liabilities— been Sept. June p. $4 Dec. Dec. on Central Illinois 41,943 60,063 720,944 „ goodwill including 144,368,587 37,723,923 regular quarterly dividends of $1,25 cumulative series prior preferred stock, of $1.75 per share on the 7 '!o cumulative series prior pref. stock, and of $1.75 per share on the 7% second preferred stock, all payable Jan. 1 to holders of record Dec. 17.—V. 156, p. 1687. 701,181- 34,960 notes— —. and the 991,204 —_^k—— and bonds equipment. The • $264,245 357,128 865,929 receivable... ; Government •Plant $319,051 deposits..— accounts Dec. Sept. 30, 1941 „ Investments of and 20, 155, 156, accrued 82.029 excess income income •On Acts 180.034,146 Corp. of America—50-Cent Common Div.— common record pel* 1942 Inventories 1940.—-V. directors the 011 Sept. 30 Assets— on 20 Mar. of receive interest ,7. •'■■/.' — 1942—10 Mos.—1941 $ ' '' * $ " 21,576,652 209,925,848 15,638,764 172,201,925 has holders June dividend Celanese The subsequently authorized Customers' Net 5,937,888 share per to 10 20, time any 2989. p. ^ 2 Feb. Trust 7 > $2.79 in included ($303,000 of 24, and & 111. with k— • income.. Retirement *491,356 ' Gross . Case Co.—Year-End Dividend— year-end Dec. on acquired Cash Dec. stock, payable compares with $3 paid . 96,630 and at cents 139, )r. —1—L-~ principally periods. 25 at may - due follows: as Sept. 30— income Gross 5,718,182 common $507,778 share—$2.47 per ''Brands, of $600,509 . par)—_ (no *375,528 1942—Month—1941 10, 35 cents.—V. (J.I.) A Shares *364,913 17,081,050 Mar. on were and *185,898 — $585,437 * *238.216 ^ of Chicago, fund to Bank and surrender of said bonds trustee.—V. successor and'interest National together presentation sinking 822,816 *95.730 22,799,232 payable paid were and 30 984,178 *65,352 1949. dividend bonds price, Utility operating income___ income (net)— 1 193,260 paid Brands, 1,166,371 ■ Ry.—Earnings— earnings stock, $701,039 253,654 — $105,189 Capital City Products Co.—25-Cent Dividend— $269,411 600,509 surplus *31,455 • p. mentioned upon 102 City 1, 1943, bonds due gold trust *4,132 *39,782 *522,061 expenses 156, 1841, Total Dividends *14,005 ,1842 60,431 76,950 $238,582 — — $83,288 1602. p. at the Feb. on 6'/<> fund Salle-St., revenues taxes ♦Federal • 130,964 surplus ,' -V. A Previous ■'General *188,942 earnings Net & inventories Prov. '7 . Working $378,318 43,655 (net) receivables on *• Gross 1939 $565,806 Depreciation Miscellaneous Loss 1940 La off pay collateral both at redemption 1943, Maintenance Income *• 1941 So. 208 and sinking lien 1946, made Other 156, Canadian 1, be above full 1, of- the office Dec. will the the . Feb. 12 Mos. End. 1939 *48,840 oper.-income... ry. due trustee, of of to redeem trust first Central Indiana Gas Co.—Earnings— 5 Inc.—Earnings— Sept. 30— * 1940 *14,721 1,192,126 Deficit.—V. repre¬ . California Ink Co., 1941 *61,957 railway—— railway..—, from the at • 7" Vermont—Earnings— *26,410 railway income... Period End. Oct. 31— Years End. Holders to the of Operation—natural gas. purchased Other operations. $116,822 oper. from successor, Operating $120,637 !. • bonds elected collateral all Payment thereon - 1942 from gold payment • From Jan. 1— - accumulated 1602. p. 191,115 income... Canadian Pacific Lines in 156, * Dec. 33,194 current preferred stock.—V. Net declared unpaid dividends due Feb. On $153,612 45,565 oper. ry. 5',i at $193,340 25,699 October— directors record and 1939 $222,472 243,366 and 1323. cumulative of 1940 $508,709 *Loss'.—V. (A. M.) Byers Co.—Accrued Dividend— 1',<> 1941 railway— from Gross The 1942 'Co., railway..... from from 1946,, and 1943. 1, Maine—Earnings- From Jan. 1— Co.—$3 Accumulated Dividend— $3 1, S'/aft Canadian Pacific Lines in Net A company has the first lien of Mar. From Jan. 1— Gross Central Gas & Electric Co.—To Redeem Bonds— The 1 r 20,645 1,471,614 The interest in Monday,. December 7, 1942 - profits taxes accordance since with the . of Bonds—Jhe $12,500,000 first and general mortgage Zxh.(hy are dated Sept. 1, 1942, and are due Sept. 1, (M. & S.) payable at principal office'of Old Colony Trust Co., trustee, Boston, Mass., and at office or agency bonds, series M, 1972. Principal of company and interest in New York.. Coupon bonds in the denomination of $1,000, = registrable inoro other series, able 30 all of option parf at or days' follows: at .least premium as successively 1% on Sept. 2 in reduced successively of Merger—Prior revenues- $6,128,340 Federal 167,203 162,487 284,480 $5,561,108 •_—— $6,014,393 $6,403,637 $6,877,170 1,948,830 2,389,878 1,988,797 income Federal Fed, ; $3,624,515 $4,414,840 477,842 1,126,109 92,630 tax__.-i. tax profits excess income,; Net - for Underwriters written the of and bonds of issue Bonds—The 250,408 254,422 $58,544 §35,141 $569,775 $576,923 1942, 1942. possible facilities the 38,456 26,769 $266,843 $294,288 227,136 18,928 the for of the 156, the of 1942 ended of 1942, of 16% of $27,300, ended period without are the rates Oct. preferred the months' nine amortization financing merger.—V. October, amount to for in made the months 12 the at computed The for taxes income been 1942. estimates The deductions or in Federal haS applicable deductions proposed of Act 227,136 18,928 for 1942 year adjustment an 15,612 16,429 1,197 2.076 §11,735 provision requirements '30, for 1,390 2,173 overstatement an 245,000 $34,291 Revenue include dividend Sept, the' §581,669 245,000 20,417 i__ to §566,728" §35,425'' 20,417 (net).—_ 4,746 Dr3,047 $58,271" estimated in 284 Dr273 _—w applicable adjusting adjustments defense war or which will arise through expenses 1466. p. Chicago Burlington & Quincy RR.- •Earnings— representing approximately the. State, and embraces the of 22,177 income requirements- forth October— 560,000, lion div: 31, two-thirds of the total popula- ' The principal amount of bonds which each of the underwriters has greater part of its industry. severally agreed to purchase are as follows: Company owns plants having an aggregate of 169,175 kw. installed The First Boston .Corp. v__ •, $1,200,000 Jiydro-clectric generating capacity - and 87,000 kw. installed steam>Coffin & Burr, Inc. : '1,200.000 genferating capacity, and its principal electric properties form an Biyth & Co., Inc. —y 1.200,000 interconnected system which is connected with lines of other companies Kidder, Peabody & Co. 1.200,000 in territories adjoining that served by the company. •/'f: F. S. Moseley & 1,200,000 Property Acquired from Cumberland—By merger effective oil Dec. 3, Stone Webster and Blodget, Inc. 1.200.000 -1942, the company acquired the business and all the rights, powers Harris,, Hall & Co. (Inc.)——w./. 825,000 privileges, "franchises and properties, and assumed all of the liabilities Tucker, Anthony & Co. 825,000 and obligations, of Cumberland County Power & Light Co.,, Cumber¬ White, Weld & Co. 825.000 land's fixed assets as at July 31, 1942, were more than $25,800,000, a. c. aii.vn & Co., ; 575,000 and Its gross operating revenues, exclusive of; sales to the company, Paine, ;webber,-;Jackson t.575,000 at 129,250 —' under¬ been has 309,718 150,500 income- income set by certain investment bankers for whom The First Coffin & Burr, Inc., are acting as representatives. severally Corp. 343,490 2,000 deductions periods adjustments-applicable to the first seven months of 1941 in the amount of $154,141, which adjustments gave effect to the increase in taxes occasioned by the 1941 law passed in September of that year. Boston 27,778 23,000 interest Net excess 104,353 36,719 Other profits taxes for the Seven are estimated at the rates of 40% for income tax and 94 % for excess profits tax. The provisions for the last five months* of 1941 include income and excess profits tax and Federal income months ended July 31, 1942, t Pro visions •<••• 111,554 taxes- Other $2,571,851 $3,196,101 $3,146,673 $3,090,902 10,442 — Note—The . 595,548684,815 8,028 20,811 interest Pfd. 886,019 depreciation-. income Gross income 1845.130 90,134 ——■ operating Bond 11.467.949 $2,655,027 580,166 85,670 — Non-operating $4,884,930 §2,891,912 58,417 taxes Net 1,992,240 $3,612,278 521,376 Balance • $246,039 50,050 power for Prov. $6,592,690 275,297 Total int. & oth. deduct.- ■ cities and wnich includes 256 income $5,851,906 $5,393,905 — income nomoper. Net territory in large a- oper. Total electric energy, and selling-and distributing the central and southern parts of towns, has a population estimated that of generating throughout expenses--U $232,822 ; Maintenance July 31, '42 1942—12 Mos,—1941 1942—Month'—1941 revenues u Purchased 12 Mos. End. 1941 1940 Operating Operation ' ' Other Company—Central Maine Power Co. is an operating public utility the electric, gas, water and motor bus transportation- busi- , nesses. ■> It is a subsidiary of New England Public Service Co., which : has 'a- number-of other subsidiaries.-, Company's- business is predoml-,; Maine oper. ' Calendar Years— •■-■ Public Service Corp*—Earnings- Period End. Oct. 31— Cumberland, on a $11,929,991 $12,633,108 $14,479,567 $15,695,211 6,536,086 6,781,202 8,351,227 9,102,521 operr revenues—- Net engaged in it ■ Total v nantly ' . , 1939 Total the to - ■ . ;• . delivery of the'securities now offered, Cum-, berland County Power & Light Co,, a public utility incorporated in Maine on-March 4, 1909, is to be merged (approved by stockholders , Nov. 19v 19421 into Central Maine Power Co., and Central Maine:, Power ,Co. will thereupon acquire, pursuant.to the:agreement of merger; the business and, all the rightSj powers, privileges, franchises and properties of Cumberland County Power & Light Co. After the agree¬ ment ox merger has become effective the business, franchises and property of Central Maine Power .Co;-will'include also the business, franchises and: property of Cumberland County Power & Light Co'.,, the separate existence of which will have ceased. J v : • ••'■■ , each of the, years 1943 through 1952;, thereafter by Vi Of 1% on,Sept. 2 in each:.of the. years 1953 through 1966;. thereafter reduced successively byy2:ofT%/ on Sept. 2 in each of the years 1967 through 1969; the premium being 1% on and after Sept. 2. 1,969, and before Sept. 2, 1970, no premium being payable on or after Sept. 2, 1970; in every case with accrued interest to redemption date.' " ' % by , •Earnings—Consolidated (Company and ,7, Consolidated Basis) at, any time,. upon company published notice, at the principal amount plus 11 % through Sept. 1. 1943; thereafter reduced , ' , , Central Vermont dividend series or one or .and the balance may be issued in,5% series to principal only; and interchangeable with- fully- regis¬ of $1,000 or multiples thereof. Redeem¬ as tered bonds in denominations 2035 CHRONICLE THE COMMERCIAL & FINANCIAL Number 4131 Volume 156 Net from 1942 . from Gross 1939 1940 1941 §9,838,455 $10,217,984 3,792,764 railway—— $17,354,401 $11,256,021 8,149,302 3,418,302 3,700,383 railway- . Net Net —— the '.'Prior and the to It Co. over §6,750,000. ••••..• . Cumberland was a subsidiary of New England was engaged predominantly in the generation merger Service Public date "were oiV that ended months 12 (primarily from the company) of electric energy and'- its distribution and sale for light, power,: heat and- other purchase transmission, 61,000 domestic, commercial,; industrial, agricultural1 municipal customers-in a compact .territory of about 1,250 square ' ,; miles, having a total population of about 193,00(L including the city of Portland, the rail and commercial center and principal seaport of purposes to about and and the Maine, Sanford. and - of high-tension transmis¬ sion lines and a distribution system comprising 1,387 pole miles of overhead lines, ahd 12.78 miles of underground conduit bank contain¬ Works ing Rivers, together miles of circuit 63 cluded in stations cable, at operating distribution volts 11,000 more, or facilities suitable other and 56 are Cumberland sub¬ was also engaged in acquired from Cumberland its water gas manufactur- i-; Biddcford and a system by which gas is distributed through 29.9 miles of mains for domestic, commercial and industrial purposes to approximately 1,400 customers in the cities of Biddeford and Saco. Cumberland operated 68 motor buses,, owned by Portland RR., "approximately 7,800 miles a day over 47 miles of street in and between the adjoining municipalities of Portland, South Portland, Westbrook and Cape Elizabeth, under the lease from Portland RR., to which lease and business the company succeeded by the merger. .; and the company ing plant and Operation after The Federal Other serial The notes. proceeds net 10 due to premium and principal pay proceeds of net the the redemption in common stock offered hereby to pay bank loans, aggregating the a of . 7 ^ • •% 5- $110,000 company to to the of shares stock common of Nepsco Appliance Finance Corp., subsidiaries of New England Public Service Co., and (d) $91,080 at §120 redeem share per otherwise or retire, preferred stock of the 1943," 759 shares of 7% on before April 1, , (Giving Effect Series J Series L due 3 %% . 1968———I 1970 due 1972 (this issue) Serial notes (unsecured): serially Maturing, —_ , Unlimited ~ " . preferred dividend $6 Pfd. stock, Common basis the of declared ' stock stock 6% each in Dividends— :' October— $2.50 each '. 1942 "w 1941 ' amount from 1940 ry. from- railway.- Net ry. —V- Net _] 534,562 ; 899,117 289,045 36,289,273 4,493,480 29,635,513 7,056,441 1,146,075 series cumul. (par 5,713 shs, (all classes) of p $3,280,584 9,902,903 1,500,000 shs. $10_ on the dismiss to an corporate existence 156, dated ments bonds will of sinking were mature fund redeemed on or on single class of : for before Dec. benefit 10, "Section read be determined and; that the 1, of such bonds, $17,000 serial notes of as 1943, and therefore is not funded debt. ^Company has agreed to call for redemption or otherwise retire, on or before April 1. 1943, 759 shares of this 7% preferred stock. §Of the authorized shares of $50 preferred stock, 21,518.shares are 5% dividend 178,169 115,625 164,943 122,657 3,100,21.9 93,628 5,035,406 2,061,952 4,449,049 1,831,476 3,828,355 810,259 874,644 951,038 railway - income— 1602. 1,308,668 , . 911,638 691,899 1941 1942 $1,124,603 railway—— railway—-—. 453,379 income— - • $1,027,343 419,850 366,797 . ': •> 1940 T 1939 $841,482 $1,002,321 267,152 ; 393,228 283,913 133,436 % 276,958 8,895,710 3,072,923 7,827,343 7,726,946 2,338,113 1,461,899 1,752,336 9,552,715 railway—-- 3,120,145 income-1740. 2,032,760 oper. 156, p. . 984,819 134,072 1 ^ it ditional not only the be plucked provision out of its in the a is plain that the phrases, complicate the structure' and "unduly or Net of the and unnecessarily number of of the corporation has ' activities described in secondary distributions, having made the a —V. $50,0&0, be cut in half.—V. 156, p. 2,319,812 50,414,122 35 ,949,507 21,475,420 88,565,051 16,520,797 27,385,497 income— oper. 24 ,555,795 10,353,205 5,279,839 156, p. 1602. Chicago & North Western Ry.1942 October—. Net Net ry. $9,470,083 2,932,808 2,042,689 3,142,053 2,385,844 91,523,967 25,888,209 15,696,749 77,008,670 72,725,178 15,988,439 12,262,137 4,410,742 5,320,19^ income— 3,427,7<.o oper. From Jan. 1— railway from Net Net oper. ry. 156, —V, railway from Gross p. , 113,828,627 35,707,062 20,740,036 income— 1602. : Charleston & Western letter were 156, Ry. -Earnings— Gross Net Net from from ry. p. 1414. ' railway $2,661,624 2,426,260 2,109,335 1,670,312 1,331,979 110 .180,964 80,732,563 67,146.488 65,744,688 41 ,790,776 24,204,869 15,647,382 14,885,851 12,890,182 6,139,717 4,298,018 railway- ry. income oper. Net Net from from $299,511 $207,479 $220,667 89,391 48,703 43,651 31,130 35,386 3.252,126 2,827,985 1,141,121 2,155.556 2,068.067 596,277 663.899 on 685,185 342,451 411,155 record Net from ry. railway— oper. income— 1,310,300 ' DO,976 156, p. 1602. oper. 156, p. Chicago interest .- —V. ry. —V. % , railway- 55,961 84,131 —_ income— railway— railway- from Gross 1939 1939 $7,848,089 6, ,913,203 4, 814,467 from 1940 $8,824,314 2,147,095 1,312,584 $14, 428,661 Net - Gross " . 1941 1942 from railway— Gross 1940 $341,439 From Jan. 1— • Chicago Rock Island & Pacific Ry.— •EarningsOctober— 150,161 railway—— oper. 1941 ',■'/% paid each three months. which 25 cents per share was to nrior 1941 —V.' Net Carolina \'"- ' Co.—12 V2-Cent Dividend— A dividend of 12% cents per share has been declared on the common stock, payable Dec. 15 to holders of record Sept. 15. A like amount has been paid each quarter since and including Sept.- 15, recommenda¬ 1860. 1942 7,617,955 r . From Jan. 1— October— 1939 1940 $9,620,272 2,551,392 1,365,363 railway- from 1941 • $13,912,798 'wO,560,479 railway from Gross discontinue its participation amounting to $4,700,000, and that the combined salary principal officer of the company's subsidiaries, amounting to the ry. railway from Net net profit of only $44,200' in underwritings of 2,714,572 94,312,815 4,224,980 railway Chicago Rivet & Machine debentures a letter reporting that it has reorganization plan providing for liquidation corporation. a debentures 2 ,721,783 146,589,748 115 ,744.690 Income— oper. Net the a ry. From Jan. 1— 'unfairly or inequitably distribute voting for committee holders •Earnings : Gross from Central States Electric Corp.—Liquidation Proposed— to Pacific RR. 1941 1940 ' 1939'; 1342 $18,594,984* $13 ,389,033 $11,308,099 $11,241,952 3,793,4813,518,492 7,991,340 3 ,857,537 railway from Net power,* are sufficiently definite."—V. 156, p. 1949. protective & • scheme of regulation, In this light it receives ad¬ from other sections of the Act, such as Sections 1 it Paul ' com¬ a Nov. stock, railway from Gross SEC the part of on common Chicago Milwaukee St. respective context statute," as directors the October— meaning So read, 7. were "Rather, it should be considered Dividend— 27 declared a dividend of 50 cents- per share payable Dec. 22. to holders of record Dec. 9. This compares with 25 cents each paid on Dec. 22, last year, and on Dec. 23, 1940, and on March 1, June 1, Sept. 1 and Dec. 1, 1939.— V. 156, p., 1015, ... , ' , . ' should (2) (Bi 11 though statutory plete such $500.000 $413,003 Chicago Mail Order Co.—50-Cent ' tOf these 1940 $449,691 93,10.) oper. ry. The to one consisting of a stock, common said in its brief, 1,316.583 shs. 1942. 1939 ' 1941 251,936 from ry. on % The" SEC took its action in filing; a brief- with the court in reply to the appeal filed by the Middle West Corp. and its two subsidiary hold¬ ing companies from an order issued by the Commission on June 4. The Middle West and its two subsidiaries filed their appeal on Aug, 1. challenging the constitutionality of Section 11 (B) (2) of the Public Utility Holding Company Act.. .•.■■■ y as Oct. 4,163,190 1942 income— p. from Net indenture .1,260,681 Chicago Indianapolis & Louisville Ry.—Earnings— —V. appeal taken from an order, requiring of the Central & South West Utilities; Co. Public Service CO. American capitalizations of the two concerns be changed of Dec. 1, 1938, supplemental to first and general mortgage, series H bonds are limited to the aggregate prin¬ cipal amount of $14,000,000 theretofore issued. Pursuant to require¬ 6By 1,065,694 railway from 21.518 shs. $50)—, 2,490,824 oper. Net defending the constitutionality of the "death sentence" Nov. 30 asked the Federal Court of Appeals in the District (Columbia that or 79,191 shs/. §31,518 shs. — (par ry. Net 27,512,110 7,453,734 1,497,417 income.*. 1949. tions that the subsidiary Blue Ridge Corp. 1111.231 shs. 6,142,946 $542,307 Gross* from- railway SEC, clause, in __ 316,534 15,043,115 r,-.'": October— , of 15,000,000 356,176 15,166,256 4,031,634 $578,236 211,916 from Gross 193.9: 281,980 oper. 156 The In — 283,493 17,815,984 railway- oper. from Net —V. $3,477,123 1,380,008 688,879 7,479,458 railway Net suggested to the trustees 12,500,000 No indenture ] 670,339 From Jan. 1— Gross The' 4,500,000 $1,815,539 ,(734,065 From Jan. 1— $4,001,471 * 1939 • $1,908,470 685,732 railway—. from Net 47,707,864 15,252,786 railway—— Net from railway Net ry.' oper. income— 1940 From Jan. 1— - on $5,249,289 1,879,725, 1,039,711 from Gross ,. Date to 1941 $2,038,452 v-.v from Gross of stock and 7% the on Income 1687." p. Net ; ^ addressed 20.350.000 railway—— oper. 156, Gross May 1, Aug. 1 and Nov. 2, last.—V. 156, made on / . . ...'•" - rate of 5% per until dividend ac¬ : * i;;: ■. 20,894,948 7,399,721 2,618,438 income— railway. October—; ;;; . of $2.81% were the at earned, or Chicago & Illinois Midland Ry.—Earnings— payment a per the on Net : 1943-1952— — — stock from ry. —V. Federal income taxes preferred on arrears < cents 62V'2 $2,457,025 889,872 468,604 railway-—--- from Net accruals Nov.. 24 on in % •:•■•■. •% dividends whether for October and Year railway oper. ry. Net the Central RR. of New Jersey- -Earnings— ' 198,351 shs. . and estimated the :>pi':i860% *$13,859,000 Pref. stock, cumulative (par $100); 7% 1,347,182 October computed are in $2,089,048 of month , Outstanding expressed f ; Financing) Authorized * due 3 V2 % Present to . mtge. bonds: Ser. M 3%% the of 21 (No. last. 1941, 1, 1942 from Gross requirements Distributions the and The premium on the retired Cumberland stocks amounts to $999,880, will be charged to earned surplus. '.-■>• > "• : Capitalization : or company. and 1st & gen. 1942, 31, Included month's prior part price thereof in trust for the holders of said acquire all of the 650 outstanding shares of .the; capital stock (no par7 of New England Pole & Treating Co.; a subsidiary of New England Public Service Co., parent? of the company; (ci $9,100 to acquire 300 shares of the capital stock and $6,000 of 5% ; debentures of Aug. 1, 1936, due Aug. 1, 1956. of Nepsco Services, Inc.,*5 ibi . Net ended Oct. Nov. 27. and of the redemption the Oct. 1942. $2,059,430 - 112,265 . dividend From Jan. 1— 1,347,181 $152,388 112,265 taxes- for Ry.—Dividend No. 2— a cumulative carries October— on the dividend $3.22 per share on the 7%. cumulative preferred stock and $2.76 per share 011 the 6% cumulative preferred stock, payable Dec. 7 to stockholders of record the series M bonds, and a part be used, together • with an §6,911,200 to pay pan and the net proceeds ox agreement of merger into an obligation of the the of months directors The ,7- ,', 7:>v77 ■ 7.. \.7... Dec. record Sept.: 30, on Net from 1,517,549 income 544,677 preferred stock, p£r $50. payable Dec. 28 15. An initial distribution of like amount . Defended by SEC^-Asks Court to Dismiss Appeal by (Utility from Dissolution Order-*- used of declared ' $3,608,597 1,527,034 §2,850,000, balance of deposit 12 accumulations notes, estimated at §6,631,129, will §490,251 of treasury funds, (a) chares; > $3,586,514 122,948 414,003 12,625,585 2,777,137 695,988 ' Gross $275,336 Central Power & Light Co.—Accrued at' 'premium "in the redemption on Jan. 15, 1943, of 39,535 shares .of 6.% preferred stock and 19,700 shares of 5 %% preferred' stock of Cumber¬ land at 120%. and 110%, respectively, all of which shares were celled for redemption by Cumberland prior to the merger and converged to 40,594 ... by First National Bank of Boston, which were proceeds of which were used for the purchase and facilities to be used in. carrying out the company's be estimated 10' 68,478 - 195,269 12,834,439 2,645,740 cumulative from, Jan. Net the corporate purposes. and 1,053,641 7,077 have 5% $3,566,003 3,650 the not cumulations total but do not exceed 15% 31, 1942, is an adjustment of $161,662, by the amout of 16% of the pre¬ applicable to the nine months' period ended Sept. 30, 1942.—V. 156, p. 1949. company and 'construction under 1,097,363 $3,518,036 income-- stock annum Central & South West Utilities Co.—"Death Sentence" will notes, to The 88,965 : $1,622,208 617,916 1602.; directors made 398,086 1,127,878 142,701 634,016' ' ■" —V'::,;, 15,357,131 19,367,301 4,102,054 6,292,262 1,698,381 2,954,554 railway-——- holders' $1,421,646 441,741 railway p. on This accrued (excluding of the series M bonds, and the net proceeds balance of serial .serial 696.706 $169,667 dividend ferred 5, 1943, of §9,275.000 of first mortgage bonds, V/2% 1966, of Cumberland, assumed by the company under the made 7 840,296 $301,801 ended Act the inducing Jan; on incurred 53,148 132,134 months for to be received by the proceeds (excluding accrued interest) $9,714,786 the to was 756.550 $268,259 requirements. Revenue and-premium in the redemption at 105%: on April 1, 1943, of of first mortgage bonds, 4%' series, due I960, of Cumber¬ assumed by the company under the agreement of merger, and The 144,551 542.874 958,229 93,193 Notc-n-Federal , Company has agreed to call all of the Cumber¬ land bonds for redemption out of the proceeds of the series M bonds now offered and to take the necessary steps to obtain, prior to or contemporaneously with the delivery of the series M bonds, a dis-* charge of the lien securing the Cumberland bonds. ''<• v ; 'of 143,149 487,944 63,234 $298,151 income f income- income Pfd, div. agreement of merger. !. 25,698 56,066 65,248 income Net ; §1,494,000 series, 16,090 68,958 taxes— operating Gross of Issue—Contemporaneously with the issu¬ now offered, company will issue $5,000,000 of proceeds of the series M bonds will be used, together with now on deposit with the trustee, (a) §1,538,060 to pay prin¬ 105.%-% income The share 1939: 1940 $1,713,878 $2,558,561 income— oper. 156, 1941 1942 from ry. 61,388 : Deductions, . -<bt 1,870.449 ,,•; __ 8,944,883 Chicago Great Western $8,630,774 2,347,900 depreciation- Non-operating net cipal $9,392,917 237,500 19,867,719 9,432,769 Earnings ;bf the serial notes and an estimated $490,250 of treasury funds, will be used as follows: > * ' 1 < ; * land, $792,870 239,239 taxes ■ Net from the sale of the series M bonds and the common stock now offered, estimated at $15,750,476, after allowance for expenses estimated at $157,374, together with such net proceeds from the sale §77.791 power for Prov, to net The — Purchased .company : Net -1941 1942—12 Mos, 1942—Month—1941 $842,267 _•— ? Maintenance be received by the company are estimated to be $4,983,500, allowance for expenses estimated at $16,500: , interest) revenues. 20,210,504 16,527,655 railway— from Net —V. Earnings for Month and 12 Months Ended Oct. 31 Period End. Oct. 31— Operating 30,438,239 28,424,261 railway oper, ry. Gross "V.;?-100.000 100,000' & 52,450,128 - From Jan. .-ii175,000 Gilman H. Charles Maine Securities Purpose securities the cf unsecured its & income. 1949. from from Net at Proceeds ance Net :Weeks-.-iyy.i-^ii;^-yyiiwb-,325,000 y^: 325,000 Co., Inc;.'_^-_—' 175,000 Putnain: & Co. sub¬ voltages. •;y77%..:v;)-;.:7\7 the manufacture. and sale of gas, at lower Gross Whiting. .Weeks Bodell 2,597,234 79,366,486 Chicago & Eastern Illinois RR.—Earnings— 475.000 : - railway 156, p. In¬ volts or less, 11,000 at operating and transmission these facilities operating station 259 pole miles with Inc. 2,597,315 79,719,299 - October— & Hornblower South Portland, Biddcford, Saco, centers of industrial '-.7 r 7 7-7.;';. : The electric properties of Cumberland acquired by the; company include the Cape and Peppereli steam plants and 11 hydro-electric plants located on the Saco, Presumpscot, Salmon Falls and Great Westbrook Arthur Perry 1,923,999 96,951,416 ^ railway—; oper. ry. —V. . for from Net- from < • 4,515,073 132,541,814 Income. oper. ry. From Jan. 1— Gross — the J- income 1949. 29 .952,853 Rys.—Interest Payment- for the six months ended Aug.- 1 in the amount of 2 Va% of $750 will be paid Dec. 19 to holders of certificates of deposit for first mortgage 5% gold reduced face value on J... Dec. 7 of 1 1QOIJ \T TRfi TV. 338. : THE COMMERCIAL & FINANCIAL CHRONICLE 2036 Commonwealth Chicago St. Paul Minneapolis & Omaha Ry.—Earnings Net ry. 739,133 531,128 140,105 19,306,093 16,597,230 3,741,374 1,387,512 14,981,285 2,492,426 212,728 income.- oper. 4,763,618 Net ry. oper. income.2,615,828 "Deficit.—V. 156, p. 1602. from railway 14,686,523 The corporation 544,392 Sections 6 290,206 of 1935 2,180,268 *62,552 Chile the similar A stock, capital Dec. last, 24, and Feb. on 156, 1941.—V. 23, dividend a payable Dec, was made on payment Nov. and declared have of value share per on Dec. 8. 18 to holders of record Feb. 25, May 26, July 21, 25, 27, May 26, Aug. 2§ Aug. Nov. 25 and Cincinnati Orleans New from $10 1940 1939 railway-— $2,680,073 $2,052,727 $1,665,911 $1,704,187 railway oper. income— 1,259,426 772,388 664,092 738,230 from Net Net Ry.—Earnings 1941 ry. . from Net from Net ry. 346,054 429,164 468,083 618,228 —V. 24,646,772 18,649,270 15,143,814 14,647,013 __ 10,874,587 income— 3,854,861 7,806,188 5,004,470 5,746,618 4,037,685 5,589,722 4,173,148 railway railway oper. 156, p. 1950. income Revenue Earns, 9,053,482 passengers per "After share. com. depreciation, $0.13 interest and Citizens Utilities Co. Period End. Sept. 30— Total $1,482,879 649,760 73,921 106,889 expenses.- 200,168 - 199,598 201,331 Depreciation Taxes 1942—12 Mos.—1941 $2,078,737 $1,939,103 932,696 845,627 140,480 108,662 271,819 255,820 1942—9 Mos.—1941 expenses Maintenance 7,398,569 80,194,834 68,139,094 $0.15 $1.30 $0.70 Federal taxes.—V. 156, p. 1466. $1,590,227 723,545 revs oper. Operating $333,087 Subs.)—Earnings— (& 182,726 267,222 366,640. income.5,817 508 9,189 $364,111 $377,381 deductions—..— 240,381 251,316 $475,710 323,306 $510,531 336,403 income.——— $123/730 $126,065 $152,405 $174,128 other Total income Gross Income Net —V. 156, —— dividend of cents 50 14 to holders of record Dec. 10. Distribu¬ made on June 12 and Sept. 14, last, as stock, par $1, payable Dec. of tions each cents 25 were with 50 cents each quarter from Including March 14, 1942.—V. 155, p. 2093. March compared to and 1941, 14, . , directors each 25 Nov. on declared during 1941 were March follows: as 31, and Dec. 22, quarterly dividends of 30 cents each; $1; and Dec. 22, a year-end of $1.—V. 156, p. 1603. extra of purchase or for or earned in other any Capital surplus $127,782, was Commonwealth and earned corporate net Income income The $115 charges, ■ ■. directors before the stock, common 62Va both cents disbursed Dec. $1, the on 15 and $2.50 the on usual cum. of last. 15, the 15 previous Fed. The the has company called for redemption outstanding first mortgage 5V2% 1946, 1, 102 at and dividend of as 156, Jan. will —V. 156, from Gross Net from Net ry. railway— 641,007 ; income— 503,033 (electricity 1942, from Gross from Net ry. for the with —v.. 156, income.._ 1688.;... p. 9,177,669 5,438,925 To V''" ■■■' :.;V> of week of kwh. for 156, directors have declared a final 50 share 1941, share the preferred stock, payable 156, p. 1860. on 18.—V. Dec. A 2, from Net from Net ry. 1939 $659,608 443,062 182,197 159,757 223,913 81,784 .. of The 5.364.096 4% 748,594 1,302,019 announced. oper. income... 2,070,700 "Loss.—V. 156, p. I860.. 988,312 *130,493 364,219 Colorado & Wyoming 6.6%. kwh., of from Net ry. $122,344 71,561 58,650 40,949 38,083 income oper. From Jan. 1— from Net Net ry. J—V. railway 1,360,617 1,120,661 660,576 667,373 499.417 income..230,590 oper. 156, 1,514,207 —_ 353,626 record October— terly ry. 1942 The 1940 73,703 37,040 40,706 38.413 income... 32,585 17,254 17,577 26,827 oper. from Net Net ry. —V. 1,182,438 1,118,415 578,891 1,189,441 233.576 256,500 165,910 267.645 railway—. income.— oper. 156, p. 92,012 121,800 56,203 tion was of 30 cents per share has been declared made on this with 25 compares 163,022 the on Nov. Commonwealth Edison A similar distribu¬ 1941, week ended Nov. 28 registered a Edison 4.5% group of increase percentage companies that of comparisons with last year. Week Ended— 7 Nov. 21 Nov. 28 1942 14 .V: 170,325,000 1941 % Increase : 156, p. 1950. . 161,307,000 160,361,000 5.6 150,186,000 14.0 168,542,000 ; 172,047,000 171.190,000 ... leased 7,631 tax 7,708 108,874 82,737 36,000 30,985 404,175 394,139 81,100 tax— profits 6,960 934,211 74,619 47,622 48,194 591,170 562,590 $108,653 $121,963 $1,322,885 $1,520,336 —_ income — interest, deductions income 163 147 13,979 11,167 107,739 100,167 $67,381 $92,963 $904,063 $1,133,375 29,164 29,164 349,973 349,976 16,667 16,737 200,141 200,848 net— — —— R. R. lease xr. for the estimated the rates forth Drl,502 provision for Federal income and periods applicable to the set in profits excess the Revenue 1942 year Act of have 1942. Dr479 profits excess been The computed twelve months credit, $92,800; credit on surtax for preferred $42,000; miscellaneous (change in rate, etc.), requirements, Income V. Similar 15, and last, capital to the share 110) (No. having Div.— of 25 been ..... stock, scattered value par cents value, par due 1, 161,255,000 4.5 7.3 28 to also the on of B. Jan. on of use dividend a payable and dated prior the excess 3 Months 12 Months $3,914,521 $17,659,613 1,764,822 —„ 7,739,541 200,327 459,351 1,798,832 CV31,391 1,215,101 370,243 1,798,222 , — taxes „ ! profits taxes I taxes 1 25 Gross income — 384.466 1,502,200 $2,801,015 — — Net 6,119 $767,428 ■W — $2,807,134 Streets, Balance sale of r extent "The of sinking 1046. $115,000 156, p. 15 of cents accruals ended the $10 old to Oct. share par 1935, 25, share, for for dividend.—V. current will the $1,577,456 30, 1942, 21, 1942.-: 1942, 30, months' cover ended. Sept. 30, 1942, reflect the estimated to profits excess under The period necessary and of rates accruals taxes the for 1942 the nine Revenue Act for the 12 months' period liability for Federal income the estimated profits taxes at rates In effect for the three months' period Dec. period ended Sept. 30, 1942. tThe provisions for Federal profits taxes for the three months and 12 months ended Sept. 30, 31, and under rates of the 1941, 1942 Revenue Act for 1942, have been reduced by $161,000, representing estimated post-war equivalent to 10% of Federal excess profits taxes, and accord¬ earnings for these periods include this amount.—V. 156, credits the 779. :: ■ ,,,/% ■ . Decca Records, Inc.—Year-End Dividend— The directors share the capital stock, and usual quarterly a year-end dividend 23 to of cents holders regular of 15 cents a - dividend 15 of 25 on cents share record paid was of per on Dec. 12. March 31, 29, last, which, together with the current payments, $1.15 for 1942, the same as paid in 1941. following distributions were made: Feb. 28, April total of a During declared 1 both payable Dec. and Sept. will make 156, the of. 10 cents and extra June 30 Dec. on per An the months* excess and value 450,012 $463,177 nine share of 2 $2,027,469 112,503 ended p. June on three adjustments income Sept. Oct. on excess the of Federal Sept, ingly per for amounts for ended 779,666 $575,680 _ paid! —_———_r_—' includes holders to ' liability and 191,748 —J— income Preferred dividends I960 to an than the the to 804,701 $766,703 28 holders to the on of common record Dec. 15. 1941, the prior will last quarterly dividend of 75 cents stock, no par value, payable preference Dec. A dividend Feb. that be dollar more and year of 25 cents Dec. 21 to cents each paid 1940 and 50 16, per on holders June Delaware greater during shipments than double than the in the Net from first six Net ry. those in has been Smith Corp., as the he of the a was client of Dec. record Dec. 22, This 4. 1936.—V. the 15, share has been declared 31 per holders to share paid railway on 1941.—V. of record March 156, p. the on Dec. 16, common 15. last, This and on 1149. RR>- -Earnings— 1941 1940 1939 $4,309,318 railway—-,— income-'— $3,477,464 $2,360,680 $2,790,171 1,642,212 1,277,884 764,249 1,152,838 1,195,798 899,057 560,414 884,613 railway railway— 38,134,788 28,440,382 22,212,176 21,037,847 13,494,750 10,056,087 income.,— 7,789,333 oper; . p. company from ry. —V, oper. 156, 7,356,807. 6,574,562 • 6,609,079 4,719,394 4,573,964 1605. p. compares 1941, 155, common 30 cents 2093. Delaware Lackawanna & Western RR.—Earnings— OctoberGross from Net to Raymond A. Smith, Council from Net ry. 1942 oper. 1940 1939 $5,509,872 $4,805,811 $5,011,621 2,365,226 1,188,250 1,477,793 1,647,742 1,177,584 492,217 1,011,561 1,173,677 60,170,503 50,642,327 43,121,022 41,572,633 19,900:412 income— 1941 $6,618,029 railway railway 15,166,330 9,906,299 9,700,908 9,382,111 8,945,461 5,116,977 4,777,5j56 From Jan. 1—• buying the company, he would not a holding of Lone Star name. He listed plus fees, current assets and expense items. Council Bluffs, Mr. Smith added, has. a prior right Gross from to Net from Net the $1,325,000 City of per Dec, Hudson & from Net on Gas Co.—Sale Proposed— whom cents cents 1942 from Net declared filed with SEC. said for sale has been 30, last, and Dec. on 25 10 FromJan.l— shar^ cents with 1, May 1, Aug. 1 and Dec. 1, Gross 1415. p. of $1,. payable par compares October— 15.. stated probably 156, usual 15 cents each; July 30 and Oct. 28, and Dec, 26, 20 cents extra.—V. 156, p. 1862. cents each; 10 Dejay Stores, Inc.—25-Cent Dividend— " stock, on the record Williams A declaration of The 1*942— , +Federal Other months made value Dec. declared period payable 50 price as 725 some for the 1, Dec.- 24 were certificates, made $3 B. 1942.—V. dividend Dec. Gas $6.61 aggregated $4,293,129, while total current $1,970,971.—V. 156, p. 1951. retirements income Gross Mr. 1941 $979,184 $4.74 ———* for more share has been declared per were of holders half-year months Bluffs, earn¬ year. 1942 : revenues "Federal 1931. directors share stock, a -Earnings— on May 1 and Nov. 2, last, and on The previous payment, also 50 cents per share, was made 1, 1941. with (& Subs.) / Light bids July of bonds.—V. receiving payable distributions corresponding on shown are Provision on made was & receive bonds addition, and before of purposes made from $200,000 Interest and amortization charges. Baltimore payment no-par their being of shure common Maintenance cents paid among $115,505.46 at not interest. stock, issued for removed are rate $725,050 per Operation '■-/•., .,7/'/, ..■■■;■ share per 21, Dec. distributions exchange been the at Dayton Power & Light Co.—Earnings 251, trustee, declared old have appropriations stocn common profit liabilities on as of such 1942 RR. Merger Completed—See Central Maine Power Co.— 156, p. 1861. Earnings per bonds due July 1, 1960, it is full interest for six months remainder of interest due for the half 25 In for Oct. 1941 and $200,848 for the 12 for additions to reserves in connection 1941, Portland Dayton Malleable Iron Co. cents sinking fund represents common $16,737 31, from ings available for accrued authorized of Oct. lease comparison. enacted 5% charges ended the Period Ended Sept. 30, cents p. fund plus Council Bluffs (Iowa) —Kilowatt-Hour Output— Nov. 50 Copper Range Co.—25-Cent Dividend— over 551,166 29, July 30, Oct. 28 and Dec. 26, current Co.—Weekly Output— corresponding period last year. Following are the kilowatt-hour output totals of the past four weeks Nov. cents of 1861. the and 20 President A the 75 compared with 10 cents per share each on April Dec. 22, 1941. The previous payment was a quar¬ cents on Oct. 30, 1929. ! $1 Jan. on Dec. common issue on June 30, last, and on Dec. 22, cents paid on June 30, 1941.—V. 156, p. Electricity output of the Commonwealth for July on .V25 M., exhaust Nov. on dividend of 50 The stock, payable Dec. 21 to holders of record Dec. 4. and of on holders Similar per dividend 635,768 ,99,898 war Cooper-Bessemer Corp.—50-Cent Common Dividend A 1603. Commercial Solvents Corp.—30-Cent Dividend— A P, payment 4. last, and stock,, no railway from 50,952 387,171 extras of From Jan. 1— Gross 47,641 Note—Total current assets 779. $145,926 railway depreciation- $1,620,234 a 1939 $125,691 1 1935, and the June 30, 1936. In required p. 1941 $132,988 railway.—. from Net Net of present $181,149 from 221,968 307,982 72,108 Local year, Co.—25-Cent stockholders 31, Dec. 25, 1942, 2, be Gross 209,725 343,796 compared last dividend dividend per of 156, sinking to outstanding common Columbus & Greenville Ry.—Earnings- cents 700 until have directors the Sept. 317,234 1603. p. paid a authorized for repurchase was The on • railway.——! from Gross 219,861 17,477 $30,600. Continental Motors Corp.—15-Cent Dividend— 1940 $144,586 22,886 — 1941 $152,736 63,684 railway railway dividend Machine 1941 thereof, The ended funds 1942 from Net 10 over 25-year Dec. year V1-'" the on ended Ry.—Earnings- October— Gross extra declared in 5% price directors 5,292,807 ry. $5,745,586 1,810,188 replacement of dividend Interest, etc.— 1,769,099 Net 518,379 384,693 155, p. 2364. National' Bank, sufficient 6,657,423 railway..— railway... 2,075,745 7,998 $1,394,993 the Inc.—Output— ... will 25-year or 2,932,323 from 27 year, has Md., 8,529,794 from Net $7,144,728 240,992 $5, both payable Dec. 31 to holders were & announced.—V. was redemption 106,342 •%/' ' -V:-. FromJan.l— Gross Nov. this Baltimore it 208,411 347,083 railway—, income— oper 1942—12 Mos.—1941 $564,917 31,688 income due at Consolidation Coal Co., Inc.—Tenders Sought— to 1940 $624,061 amounts Wagon on company amount 1941 $1,076,426 Light Co.—Earnings— & ended Oct. 31, 1942 include a credit adjustment made in Oct. 1942 of $165,400 adjusting an overstatement in the amount of 16% of the preferred dividend requirements applicable to the nine months period ended Sept. 30, 1942 and other miscellaneous items as follows: Post all 1943, ■ it The $769,896 1942 railway— Like 20. This Colorado & Southern Ry.—Earnings— October— at 17,477 Note—The company made decrease of a semi-annual par • Baltimore, Gross 2. distribution single states, to holders of record Jan. 2 Power 1942—Month—1941 $649,686 — Years Ended Aug. 31— an usual 10.v Dec. on and per preferred is. callable 14,474 at the outstanding 150,000 shares of capital stock, par $5. 19 to holders of record Dec. 10. This is the second on Dec. disbursement cents Sept. 25, last, as against 73 cents on March 25, 1942. Payments during 1942 were asJollows: March 25, 50 cents; June 25 and Sept. 25, 75 cents each; and Dee. 24, $1. The directors also declared the regular quarterly dividend of $1.75 11. Dec. directors payable Aug. Dec. 5V2 % the stock, letter Trust 32,160 Gross The dividend of and common a 1942. "After all charges, including Federal Income and excess profits taxes. declared the to Consolidated *'.i year-end of 18, $136,437 1950. p. July 15 and Dec. 31, 1941.—V. 5,868,682 2,975,000 2,616,568 the common stock, payable Dec. 24 to holders of record Interim payments of like amount were made on June 25 share have addition in record per The shares Dec. & Bank Hanover redeemable not by accompanied on 4,902 taxes 779. p. be amounted to 149,900,000 the corresponding week electricity 5.5% .—V. share on the capital stock, per Cluett, Peabody & Co., Inc.—Year-End Dividend— per stock, Central business 864. County of that System output of electricity purchased) for the week ended Nov. 29, kwh., compared with 163,200,000 and corresponding of directors share 429,992 389,057 2,960,439 of of 32,032 Pay Extra Dividend— The $746,375 6,998,251 3,618,053 4,609,954 10,236,833 5,912,140 4,837,601 railway.—. to $113,555 P. $152,500,000 to 158,600,000 decrease of railway.. oper. is seven Pfd. div. requirements— Prov. for reserves a/c Dec. 2 announced generated distribution From Jan. 1— Net stock into taxes months amounting kwh. 1939 $671,886 351,104 301,959 determine ^ with Consolidated Edison Co. of New York, June 27, Nov. 18, 1940 $984,180 560,773 431,524 $1,078,681 railway. oper. the 39,375 Other Consolidated Mining & Smelting Co. of Canada, Ltd.— 1941 close prop- Other 1603. p. The company on Clinchfield RR.—Earnings— 1942 the 156, p. Interest "Net October— shares, —_ income Gross amounts the quarters, Payment shall 81,430 operating Bond par, no Like sinking fund bonds, series B, interest. 15,000 182,757 excess Other Consolidated Biscuit Co., Chicago—Bonds Called— March of excess directors of to surrendered revenues bus property, share per stock, 2. stock.—V. common cents pref. Dec. board Certificates be before preferred for Federal profits excess quarterly conv. record In of In class. share.—V. Prov. for 389,080 426,663 dividend a and holders to Sept. on declared par share per payable 24 on of must 7% Net Nov. preferred company purchased bears to the total number of shares tendered Purchased power Rental of leased 1941 income received the Operation $672,396 — Federal to. the Non-operating income- 1942 — but convertible stock tender share, for shares of either class. shares tendered up to a total of all are which Cumberland . on tenders convertible a Net $711,752 — purchase 5VzVc and to per be York, Operating 15-Cent Common Dividend— The If stock right $100 at Period End. Oct. 31— was was ' — ——— all "After on New stock, Compo Shoe Machinery Corp.—Earnings— "Net will shares to tender, Co., hour —— preferred 1942, Maintenance 9 Months Ended Sept. 30 Working capital of irrespective of Prov. kilowatt weekly 147, purchase, purchases will be prorated in the ratio that the total number of shares purpose surplus 7% offered the 18, shares.. number surplus output of electric energy of subsidiaries this corporation adjusted to show general business conditions of territory served for the week ended Nov. 27, 1942, amounted to 222,762,446, as compared with 197,211,700 for the corresponding week in 1941, an increase of 25,550,746 or 12.96% .—V/156, p. 1950. a made. Disbursements Sept. 30 payment deficit a investor.—V. at its option, to be determined by the board of directors, also purchase all or any part of the shares tendered In excess of 15,000 shares. In any event, if tenders are received in excess of the for the payment of dividends permitting purchase of common extinguishing private a may of addition to the usual quarterly were of to company company, unavailable the purpose of the being Dec. company 15,000 main¬ City National Bank, corporate trustee, 208 So. La Salle St., Chicago, 111. year-end dividend of $1 per dividend of 30. cents per share, both payable Dec. 22 to holders of record Dec. 11. A special dividend of $1 per share was made on Nov. 17, last, and on March 31, June 30 ahd Sept. 30, of this year, regular quarterly payments of 30 cents The share in such be The "capital surplus arising from $100 per share to stock preferred will the , Dividend of $1— Climax Molybdenum Co.—Year-End be $135,000,000, as of are before or to $7,149,989 in 1941 $683,555 for the nine months ended Sept. 30, 1942, per books. hearing on the application will be held Dec, 14 before the SEC. The share has been declared on the common per of will for or paid 25 cents per share Clark Controller Co.—50-Cent Dividend— A designated purpose any were 691. p. and the aggregating re-sell to Cuban-American Sugar Co.—Invites Tenders— cumulative $6 stated, plans Holders $10 per amount of such reduction in the stated stock, capital shares of presently as property, with the decision hinging on a referendum price to the city would be $1,325,000, plus fees. purchase plan be overruled by the voters, Mr. Smith said the the he stock Weekly Output— 221,212 $466,521 $376,873 , He 1485. p. 30, 1942, dividend arrearages on the preferred stock aggregated $37,116,609, or $24.75 per share. As at the same date, the company's capital stock, per balance sheet, was stated as follows: Preferred stock, $150,000,000; common stock (stated at $5 per share), $168,- $507,782 2,749 $358,294 — said would taxes.' Operating income to Act Sept. 1942—10 Mos.—1941 $613,845 the 9. therein reduction A $68,914 $60,803 — pursuant Transactions reduce the amount of the capital surplus resulting from In the stated value of the preferred stock below an equal to $90 for each such share of preferred stock outstanding. The company asserts that the proposed restatement will facilitate the payment of dividends on its $6 cumulative preferred stock. On the Cincinnati Street Ry.—Earnings— "Net of stock for by share, per account separate share," or $100 preferred a 1,500,000 outstanding from reduction per and 1942—Month—1941 declaration a thereunder. follows' as proposed that the the $825,998. Period End. Oct. 31— SEC the amount From Jan. 1— Gross is common on presently stock in which Texas Pac. & 1942 from Gross its of tained created October— with of the Public Utility Holding Company (ei promulgated summarized are It stock 1603. p. 12 U-62 proposes, subject to approval of stockholders, and changing the carrying value of its assets, to reduce the stated of value cents 50 Rule Commonwealth without preferred Copper Co.—50-Cent Dividend— directors filed has (a), 7 and and share. The purchase With Plan Dec, proposed railway from Gross Corp.—Files Should $1,832,777 From Jan. 1— Net Southern & SEC— 1939 $1,751,068 453,910 214,148 railway from Net 1940 $1,911,295 415,425 $2,299,534 railway from Gross 1941 1942 October— Monday, December 7, 1942 ry. —V. railway- railway oper. 156, p. income.a, 1605. • \ ; THE COMMERCIAL & FINANCIAL CHRONICLE Number 4131 Volume 156 ~ Delaware Power & Light Co.- —Earnings— Period End. Sept. 30-— : Total $ 1,795,968$1, 647,760 730,862 811,823 rpvenues-.:_, oper. • Operating expenses for ' Prov. newals Federal Fed. '.Net Total taxes-'- 122,682 68,771 464,272 of 35,125 36,674 141,176 140,049 142,626 expense. Taxes assumed $369,954 5,021 35.060 $374,974 138,500 int.J';'. (%''! 4,440 ^ ; income—_ 1— "i""i 111,070 99,799 63,896 62,924 3,637,900 2,825,794 2,236,744 1,964,315 from Net 156, 2,006 1 1605. p. ' $278,973 1,976 $1,065,537 ' $1,325,903 _ consolidated 1941.—V. ;156, p. 427. ' October— railway,-:;^'; from Gross 1942 Net from Net $197,464 • ry, oper. railway—116.584 Net 962,499 ' :*• from .railway—— 364,417 ; Net ry-. oper/ income ; 670,576 130.921 53,795 270,706 -'- - • • ' - 79,727 Div. The interest due 1, June is 'now York.—V. 1942, " from Net Net 7 railway^-.— • Net ry. 43,137,889 25,209,429 21,407,856 % income—_ 17.813,241 5,786,644 4,212.258 14,340,565 3,460,865 156. October— from Gross income— oper, ry. ! $288,141 Net 135,591 —V. 2.310.939 1,973,230 699,795 496,889 •460,931 income-- S 941,726 716,294 678,570 156, October— 1940S 1941 1939 ., Street from Net Net .. railway .SG90.346 income—, oper. ry. $705,945 317,556 216,445 railway—,. 690,609 : 328,954 227,758 219,962 from Net Net 2,972.101 income—% > 1,668.205 1805. 3,929,298 2,484,954 railway—'—, oper. ry. —V, 156, p. : , 1,651,929 869,946 4,146 $1,881,708 37,771 for $143,996 $1,919,479 $1,705,691 4,698 371,171 321,002 35,130 30,068 deprec., $1,598,477 $108,866 $166,703V; 99.351 95,030 $67,352 from Net Net rv.' $381,446 214,315 50.174 : 3,463,210 3,593,589 1,819.636 2.027.921 638,731 income.— oper. •, $619,415 $13,836 .$448,674 . 751,584 railway..—. oper. income..^ from Net Net ry. —V. ' - - 1940 ■ & Nov. 26, 1942 & Light 1941 were as follows: Power Power 1942 ! , Light T941- > 167,925 Light Corp & : 76,360 ; 8.5 13,185 10,079 23,061 154,740 86,439 124,985 Co.—— Pet. Amount !i 101,924 22.6 , Lombard 2.610,625 to 416,777, that Gross earnings from all • 974,281 Surplus J an. 1. i—1; ^ class B " tions of Dr7,406 '. 518,890 Dr45,0G3 and $5,033,269 ! Balance Preferred _i. 787,500 Earnings per stock (no ■^Federal of ■' . accrued on 1942.—V. $1.18 the basis latest information 156, p. 1605. J . regarding the . each were in cents per share has been declared on the common quarters of also paid on Dec. 1941. • An.extra of 50 cents were Sept. of 25 been declared on record Dec. 9, 23, June follows: as cents have amount Total ! the last. 10. Payments — further . 21, 24, June 23 March share per been and declared during 1941 the — Biyth & Co., Inc., on Nov. 27 made a secondary distribu¬ tion of 15,000 shares of common stock (no par), at $16,; with dealer concession of 45 cents.—V. 156, p. 1149." " timewho, Beane, as last./ and class as A 4et from from Range Ry.- -Earnings— railway.—. $5,300,190 . 3,687,070 railway...—-, 1941 1940 $4,367,768 3,257,224 2,697,983 • fet r ry. oper; in come .L. T,570,112 : 2,111,058 - $3,005,716 '2,088,291 1,801,234 Distribu¬ July 1 1, April follows: p. on Exchange obligations, advised completed, but continue.—V. 563,481 812,750 759,362 $535,463 $725,880 $721,411 $964,330 46,869 Cr213 Cr284 2,925 2,746 $486,711 $676,299 $656,449 rate up to recently-enacted tax Sept. 1941 3,900 $898,214 Revenue Act of 1942. periods was accrued 1941, and was adjusted in subsequent included in the Revenue Act of 1941 1, actual rates the for Cr284 . 1942 periods has been income for the on the income to ; 46,869 with Federal 62,500 62,500 Cr213 ( 2,096 v; ' . as for .Federal. excess profits tax applying to the full year 1941 was made during of that year. ' % 31%), provision and Balance Sept. 30, 1,042 Sheet, !::•: /, : equipment, $7,068,961; construction investments in capital stocks of Montaup Electric Co., $4,908,200; cash in banks and on hand, $556,525; accounts receivable from sales of electric energy and of merchandise orders and in appliances affiliated United States $135,094; and plant $24,318; progress, (less $7,119 reserves), $271,342; accounts receivable companies, $6,997;' other accounts receivable,. $5,756; Treasury prepaid tax expenses savings notes, $100,000; inventories, and deferred 'charges, $104,229; total, v!-:::%(n.;;/'V' $13,181,421. bonds, series A. 3'/«%, due May 1, 1963, $.2,000,000; accounts payable to affiliated companies, $27,065; account payable to Montaup Electric Co.; $238,282;; other accounts payable,' $10,293: dividend declared payable Oct. 1. 1942, $159,000; * taxes (in¬ cluding $382,717 provision for Federal income taxes), $641,214; interest, $28,341; payroll and 'other expenses, $10,954; consumers' deposits, $63,797; reserves for depreciation, $2,524,283; insurance and casualty reserve, $6,832; contributions and deposits for extensions, $6,904; un¬ amortized premium (less expenses) on bonds, $7,256; suspense credits, $1,186 capital stock (210,000 shares of $25 par), $5,250,000; employees' stock (5,000 shares of $10 par value). $50,000; premium on capital stock, $678,740; earned surplus, $1,477,274; .total, $13,181,421. Liabilities—First mortgage for Federal taxes ^Provision with accordance in income for the 1942 period has been " 1942.— / - Metallurgical Corp.—25-Cent Dividend— Fanstecl of dividend A on recently-enacted Revenue Act of the cents 25 been declared on share has per the common stoclc/ payable Dec. 15 to holders of record Dec. 5. A similar distribu¬ tion was made on Dec. 18, last year, which was the first payment 154, p. 907. 1927.—V. - Federal Light & Traction Co. (& Operating Oper.< 156, • that in any exp., for ' ; ' ; • ;V..: ;! • Emporium Capwell Co.—35-Cent Common Dividend— of dividend A stock, Like no on Jan. cents were share has been declared 30, April 3, July 1 and-Oct. 150/! ,/; .■p. on - ■: 1, 1941.—^V. 154, - dividend A stock.., par Jan. per 1. $5, 1935. share of 10 Other income per share has been Interest, div. Pfd. on the The*.4ireccoi'S/have declared the record common/stock. Dec. $1,921,045 6,166 3,955 11,387 $461,792 $535,818 $1,925,000 $2,354,171 183,158 803,454 534,787 45,454 45,454 181,818 183,144 150 42,458 30,328 496,078 $206,676 etc., $1,140,161 ; • subs. cos._ of subsid of charges ■ other &, company- to Earn, per shares 1942 earn, 40% 266,244 $140,115 $0.27 surplus $0.38 sh..on 524,903 of com. stock were revised. $909,399 66,561 $198,186 company— Note—Federal income tax periods, $264,747 66,561 income Net Pfd., divs., determined and under Federal Act of for 1942 income 1942. tax periods prior to regulations applicable and laws estimated have $1.66 $1.23 and excess profits tax for amounts previously Provisions 266,244 $873,917 to the been appropriately sufficient to meet the requirements and 81% excess profits tax under the are ; figures for 1941 have been restated to reflect the reclassifica¬ of amortization of abandoned street railway property.—V. 156, The capital payable Dec. 21 to holders of record Dec. 11. From and including April 1, 1937, distribution^ of 20 cents made each quarter; none since.—V. 156, p. 1606. ,> on $529,652 3,804 209,512 ' discount, of $2,342,784 $457,988 : tion p. 603. to were ,39.370,602 32.077,142 .25,117,458,;. 16,351,408' 26,353,656 :21,857.263 y Ifr,639,847 9,185,289 .■ 7,024,211 ,.14,266,822. 42,024,517 ,7,047,289.' : —— discount Inter., of declared tax income Gross Cleaner Co.—Resumes Dividend— cents & retir, Operating income the common Dec.'15 to holders of record Dec. 4. paid on Jan. 2, April 3, July 1 and Oct, 1, last,! Jan. 2, per payable value, par amounts and 35 depr. income profits tax_J Excess areas on application, be relieved from" others the selected dealers' agree- 1605. p. latter 1942-r-12 Mos.—1941 $2,402,625 $10,964,415 $9,933,058 /,;/:./! 1,525,300 1,475,10.9 6,660,308 ■ 6,L16,797 >. 218,432 188,095 836,962 739,200 ; 218,027 ' 160,675 848,804 604,785 214,065 49,095 697,296 129,492 U_ $2,633,812 maint. and ,%• revenue taxes Prov. Subs.)—Earnings— 1942—3 Mos.—1941 Period End. Sept. 30— may, respects as the •, 167,500 surp. 1941 charges iet oper.-income*-.. -V; 156, p. 1605. & ;:%!■ '%'!' Jross 4et j-y. 160,000 debt Assets—Property, work 1, 865. ^Fairbanks, Morse & Co.—Extra Distribution— . 113,500 three. months last the Federal Water & Gas A Front Jan. 1— from railway..-— 'I from! railway. 77,889 113,500 for Federal taxes for of Bal. %; 1939 $4,358,790 2.961,415 - 1,349,136 80,794 prem._ % aggregating $112,000 and and -Merrill Lynch. Pierce. headed a group of selected dealer managers, exchanges, Eureka Vacuum 1942 October— jross Iron divs. 30% a Revenue & Duluth Missabe $3,318,217 1,642,931 60,173 expense. (approximately was Offering funded accordance in months quarterly regular the on were ! v :';'! First Boston Corp. announced. will ment ( Secondary $3,417,886 1.020,273 59,106 544,703 bond Provision . Co. $2,483,306 1,318,522 munic. & 'Provision made r, $3,288,828 29,330 — interest for ' : 74,536 — on ■ $3,343,350 — of ■' 1942—12 MOS.—1911 23,260 Bal. before cap, chges. Interest Co.-r-Earnings— $2,460,046 —— taxes ' VAvhere exchanges are 22, last '.year,—'V. 156, p. 957. Manufacturing $131,398 $5,305 $2,571,293 earnings. costs Depreciation ■^Fed., State common Sept. payable Dec. 10 to holders of record Dec. 1. each were made on these issues on April the-! same; At . '; Dresser 6,433 $121,696 /, 69,825 gross Operating Distributions and 22 cents dealers/..to. solicit 22 ,to , holders of .record Dec, 12. Distributions o£t made on this issue on March 31 and Sept. 18, last, of. the four and like 25 Fenner & Diamond T. Motor Car Co.—25-Cent Dividend— like amount dividend of company V- • A dividend of .25 stock, payable Dec, March on The company has, extended," to Dec. 15, 1942, its exchange offer of debentures for preferred stocks- held by the public, of which amount over 94% ; had been exchanged by Nov. 30. including items in transit.;, No further extension of the plan will be made beyond that date, the $1.30 ; 1941 has toK holders .of made .Empire Gas & Fuel Co.—Extends Time .$2,917,574" $1.13 during share per 21 were 6,213 374 $2,501,470 V.'156, p. 1501. Offer— %V; . Dec. 493 income Federal ■- $1.20 : $1.25 July l and Oct. 1, 30 cents each, and Dec. 23, 60 cents,—V. 156, 1,050,000 ( ^ 1.050,000 $3,688,751. $2,937,006 f> on fnni com par)— taxes Act Revenue share sharps shares "700 000 700,000 . 787,500 V $3,570,769 Surplus Sept. 30— . $4,887,006/ $4,867,574 900,000 450.000;;^.|;.9d0,-000 900.000 $4,926,251 dividends :tii; ::; ;':i875,000!%; dividends of stocks, ' : record 1, 1943, to debenture holders of respect of the quarter to' Dec. 31, each An: extra dividend 3.434.173 3,523,691 5,540 adjustments Jan. 60.000 $128,129 Emerson Drug Co.—25-Cent Extra Dividend— $1,465,236- $1,586,245 ' 3,466.833 '' 1.762.4387 $1,499,484 $1,515,119 made 68,000 1942—9 MOS .—1941 operating revenue since 179,315 ' / Net income "... ' • Sept. 22, 25 cents each, and Dec. 22, $2.25.—V. 156, p. 428. 797,169! 173,891 be to in payable 25, cents Payments $2,562^729 $2,613,408 . .1,210,462. 160,117 — Common is dividend A of $2,870,063 at Elgin National Watch Co.—$1.25 Dividend— ' . — $188,129 $137,611 $11,915 Gross made 1939' - of or England, 1942, of three bents per ^haref ll. ;Sl>cuTrencyithas7been declared on the ordinary shares payable Dec: 31, 1942, to holders of record Dec. 10, 1942. A like ; amount- was paid on the ordinary shares on March 31, June 30 and Sept. 30, last.—V. 156, p. 957. Dividend— 1940 • • City, Y. 1942. 10, stock, *1941 $3,651,805 Fbd., State & city taxes »'1,985,186 Depreciation 151,500sources Surplus date/ A dividend ... ; Diamond Match Co.^Earnings— ' Street,- N. London, E. C. 3, Payment of interest in respect of the half-year to pee. 31,1942, of on each of the $100 par value 7 % perpetual cumulative Income , ,1942 Broad 30 Street, 3 '/2 % The directors have declared dividends of 25 cents per share on the common" and common B stocks, no par value, payable Dec. 15 to holders 'of record Nov. 30. i Similar distributions were made on these issues on March 16, June 15 and Sept. 15, last, ;" Payments during 1941 were as follows: March 15, 25 cents; June 16 and Sept. 15, 35 cents each; and Dec. 15, 55 cents.—V. 156r p. 692. v York, debentures t 7% outstanding Barclays Bank Ltd., the redemption price of 105% of the principal amount thereof. Interest on the debentures will cease on the redemption date and is being paid independently up New 54 156, p. 1605. 9 Mos. End. Sept.-30—' 67,937 $205,611 $10,798 • Period End. Sept. 30— from of .the Dec. . $120,192 46,411 5,000 •/ 1606. p. ! 13.1 i Ecuadorian. Corp.r, Ltd^Debentures Called—Interest 1,181,718- Dewey & Almy Chemical Co.—:25-Cent $159,200 $5,798 , —Thousands of Kilowatt-Hours— Light Co.— & & Power of • 1,607,608 200,359 6,333 Fall River Electric Light % at 'v'"-';; . " ' $333,827 175,538 88,833 3,058,995 58,518 222,508 $12,288 accruals the System inputs of client oper¬ Services Inc., which are subsidiaries of Co., Electric Power & Light Corp. anct Co., as compared with the corresponding Light perpetual cumulative income debentures dated Jan. 1, 1938. will be redeemed and become due and payable on Jan. 1. 1943.'at the office of either The Continental Bank & Trust Co. ;.:686,547f:, 71,343 ..1 $5,760 5,039, 4,640 .. $18,622 156, Bal. figures do.mot include the system inputs of any companies appearing in both periods—V. 156, p. 1951. „ • • ' r not 1939 $309,973 159,53.5 53,824 562,846 14,B49 charges Ebasco of 1 All " $941,915 597,131 5.999 $13,982 revs._— inc.—net—„ income Amort, 1,524,555 . railway from 1942 ' . railway From Jan. 1— Gross $361,237 198,614 !,: 78,623 railway. from Gross " ' oper. Interest 885,846 The above ,, 1941* ' " . 1942—12 Mos.—1941 50.953 14,155 income. $1,334,520 ( 979,062 ! ' * period 1942 $1,050,182 $77,561 , Gross Services, Inc.—Weekly Input— Power Electric Detroit & Toledo Shore Line RR.—Earnings— ►October—-. $88,632 6,777 Maintenance etc. .'i.—' Power American 5,342,571 2,313,912 2.811.716 1,807,265 the excess 53,718 Retirement res, $1,668,023 37,668 , 6,089,327 7,415,051 $6,662,462 4,124,493 $9,020,961 5,487,324 92,084 $196,771" Operating Subsidiaries of— 231,659, 6,934.446 and 1942—Month—1941' revenues. Balance —V. $139,850 $192,073 , week ended National railway——; from income in 1942—10 Mos.—1941 —Increase—- " Gross Railway—Earnings— debt, companies American $683,780 ' 340,230: , Federal Taxes Net » $676,727 - 354.488 From Jan, 1— deducted been ' $669,938 438.004 $1,041,638 • Gross .from $1,98 $1.99 ———_ have $666,784 $669,569 „ earnings $6.64 $4.47 ! 1942—Month—1941 . income Fpr the ating " 1942 • 1941 $1,666,960 1,000,176 2,678,274 — Maintenance $2,482,788 $1,673,227 share has been per .etc...~r'7' rents,. National ' cents income—! funded week during • Chemical $3,347,843 taxes share common of estimated Other Detroit Toledo & Ironton RR. , 75 profit..—— corp. on '-Net 1605. p. be¬ /"?!, revenues,/ Ebasco railway-— oper; per. Operating Q ''■Before provision for; retirement losses.—V, 156, p. 1605. 1,865,663 453,675-, 629,502. .. sinking 4% the 1942 Federal Operation preferred stock! Income Gross $327,809 171,690 ' 181,203, 82,240 Sept. 30— Period End. Oct. 31— 1939 railway—— from Net ry. of 6% Massachusetts oper. Int. 912,597. 60,563 . to redeem on Feb. 1, outstanding 20-year Rayment will be made at the First 1956. taxes—! Other 3.560,844 $210,492 121,398 stock preferred 158,956 Net 20,515,545- 1940 1,839,937 from 1,108,743 oper.• expenses—_ From Jan, 1-— Gross of dividends, 1941 $338,254 159,257 183,403 railway railway— from Net Net 1,108,729 Depreciation % 1942 ... 1, 1943— option to profits taxes without considering any post-war refund. In the same period of 1941, taxes were provided for at 60% of earnings.—V. 156, p. 780, $3,591,531 dividends on oper. 766,303 Salt Lake Ry.—Earnings- Denver & its 601,478 $2,781,956 1862. p. Available •' the earnings cover 2,615,518 requirements Taxes 1605. p. taxes per share .Eastern . —V. of Chicago, before Note—80% $6,808,527 593,024 prior pref. stock.. 6% to available dividend Other - $5,873,093 4% % Ry. 1.579,927 oper. Net Net - railway 450,000 . dividend for avail, Period End. Oct. 31— 775,447 ; earnings Earnings 4,398.713 550,000 4,943,882 1.064,434! 1,012.614 railway—— from from Net ' 1.212,974 976.747 From Jan. 1— Gross 3,090,750 . declared on the common stock, payable Dec. 10 to holders of record Nov. 24. Distributions of 50 cents each were made on March 10, June 10 and Sept. 10, last. Payments during 1941 were as follows: March 10. 25 cents; June 10 and Sept. 10,, 50 cents each; and Dec. 10; $1.~t-V.: 156, p. 864.' $3,011,559 2,208,145 • operf income_u« ry. 2,298,481 expense Ry. $3,567,475 ; $2,893,576 1941 ! $14,055,721 1942 2,498,113 and State 156, .7-A 1941 '1942 failwayL—% $6,152,884 from paid on Dec. 27, 1941. was Feb. on exercise all ' Denver & Rio Grande Western RR.~ -Earnings— October— Gross of Months Ended Non-oper. . r 1, paid Eastern Malleable Iron Co.—75-Cent Dividend— mortgage 4%; bonds, due P. Morgan & Co., Inc., New ^ „ $15,549,339 __ requirements on Earned the on at office of J. being paid 156, p. 1605. Bank Estimated Federal i.—4,282,364 ■ ^~ income —V. Interest— • ; 1995, !'';: —— fore 162,788 :• 100,642 June Fall River Gas Works Co.—EarningsNet $104,866 •/" 42,370 176,605 - to interest and debentures due June 1, Net Associates—Earnings— 1 depiction Contingencies_--i^ur'—-—f--f-— discount Debt '38,635 31,621 "7:7".'." \7'7 688,850 701,570 7 railway-1.— from Interest,! 1939 $99,585 49,144 - 31,468 97,033 income 1-1- ''''</%%• :/• From Jan. Gross $96,993 42,432 Fuel and for '.Balance 1940 and 3 3 of this year. March Fail-child Aviation Corp.—Earn ings- income———-.—. Balance . 1941 ; March on on dividends of 50 cents each 82,700 , •*/!■.'',;• ; vl Detroit & Mackinac Ry.—Earnings— 277,637 289,017 current year——— taxes, Provision for effective for present law, 478.217 557,569 12 Mos. End. Sept. 30— Federal Federal normal income tax and surtax, in the above statement, is.made at an estimated aggregate rate.of 40% from. 1942 compared with 31% effective for the year 1941. Provision for Fed¬ eral excess profits tax for 1942 has been made at an estimated top bracket rate of 75% compared with a-.top bracket rate of 60%, under Note—Provision , each paid trustee, Chicago, 111., or at Bank & Trust Co., New York, N. Y.—V.. 156, p. 1689. \':v Eastern Gas & •* . Cr2,919 . 103 Debentures has elected company at fund 9 Total $225,446 761.497 856,774 income—i oper. ry 10,556 C?'2,324 Cr1,207 I —\ income 1,126,299 railway..—— cents also year-end dividend of 50 cents a Redeem The 1943, National rallway_t— 50 was " 18,268 2,822 ■ 495 394 ; 82,223 from Net charged !'%%'!./''%<' interest 1939 $272,726 86,407 22,237 22,237 18,241. 614 634 1940 $269,145 ; .4,591 deductions Net To 1941 oper. cents company's 20-year 4% debentures due in 1956 were suspended from dealings by the New York Stock Exchange on Dec. 1 as partial redemption of the issue left only $15,000 of the debentures outstanding. -Earnings- 125.842 1942 50 The Atlantic Ry.- '1. , against as of to four regular quarterly Debentures Off List— $372,464 From Jan. Gross 554,000 5,559 charges- ry. —V. •/5,559 during 1941, 1688. p. last, 1, An extra In addition 149,302 ' $1,930,021 554,000 • common $431,936 - , railway.. Depreciation , $1.75.—V. -156, 22, Dec. 1942. the on railway/—; from from Net - > . $1,662,519 $427,527 138,500 ' > construction *.—— to •' . ' on $1,816,011 114,010 $1,582,128 80,391 $392,467 • — interest Less Dec. October— Gross ' Net discount debt and Miscell. and declared been 22 to holders of record Dec. 5. This compares paid on April 1, July 1 and Oct.'1, last. Pay¬ as follows: April l, July 1 and Oct. 1, 75 cents Duluth South Shore & 135,439 35,684 : Other each has 1941 were 218,965 taxes— long-term debt.. on 623,500 taxes—35,712 income ( Gross Amort; 745,054 741,064 . Dec. cents 75 share per 7 751,214 : 181,254 145,238 179,597 .182,639 : ire venues... inc. (net;. oper. other with ments during 200,025- re¬ taxes,:-i :' prof, local & payable stock, 2,792,676 >. each; replacem'ts Federal State Int. deprec., & income exc. Other 212,992 3,241,782 and Co.—$1.50 Common Dividend— $1.50 of dividend A 7 $6,680,457 $7,268,517 56,810 58,436 / Maintenance Duke Power ... . 1942—12 Mos.—1941 1942—3 Mos.- —1941 7 2037 10.- ;no an par Distributions extra dividend of 50 cents value, of 25 payable cents each Dec. were 24 to made per share holders on Sept. of 1 of 10 last, Corp.—30-Cent Dividend— dividend of 30 cents per share stock, has been declared on the common payable Dec. 30 to holders of record Dec. 15. cents each were made on Jan. 9, April 10, July 10 these being the first dividends on Distributions and Oct. 10, the common stock.—V. 156, THE, COMMERCIAL & FINANCIAL CHRONICLE: 2038 Net railway. from • 1940 1939 $730,762 $1,806,685 806,654 railway—-, $744,617 116,311 $591,128 70,319 11,359. • '501,047' Net ry. oper. income.:, ,12,694 > , Seeks To 47,025, Net ry. 16,167,300 6,911,732 5,564,341 . , from Net * railway— from *37,728 , railway— income... 156, p., 1606. oper. 8,848,583 9,461,310 2,424,642 1,946,899 696,394 1,205,176 , 7,625,385 1,770,928542,940 > Deficit.—V. • ;RR^—>Plan Approved reorganization was approved Nov. 20 in an order signed The plan of by Federal Judge Frederick H. Bryant at Utica, N. Y. Judge Bryant adopted as his own the report by the Interstate Commerce Commission. —V. 156, p. 1952. Food Fair Stores, Inc,-r-Sales Continue Nov. 28— Period End. 1942—4 Wks.—1941 There are —V, 156, Higher— 1689. p. year a Keokuk cents per share has been declared of 50 dividend A and 1941.—V. 1, 155, to April holders 1, July oii the common of 1 record 1, 2366. p. ' - ■. Ford Motor Co., Detroit—Vacations Ordered— Eligibility rules for vacations for 115,000 Ford Motor Co. employees were drafted on Nov. 23 by the National., War Labor Board in a directive order supplementing' a WLB decision of Oct.- 16 which ordered vacations ranging from 40 to 80 hours as part of a col¬ lective bargaining contract; When the management and the ""United Automobile Workers, CIO, were unable to agree on eligiblity provisions, the Board issued this supplementary order. The first vacation period "ended Nov. B0, following which eligible employees who have not received time-off for vacations are to receive vacation allowance. The company is. empowered to pay the allowance instead of granting time-off ;with pay when production ' 1 does not permit vacations.. * 1 Full-time employees with one year - " ment last July 1 are entitled to one ^week's vacation with hours while those with five years or more will receive of as 40 for but less than five years employ¬ weeks hours 80 or provision grants vacation eligibility July 1 as full-time employes because of lay-offs conversion of the plants to war work or because they were to due enrolled not aliens who lacked permission to work but who returned to July 156, Net from from Net railway— $579,013 $537,839 $572,608 138,947 181,483 64,758 106,885 5,320,116 4,910,558 1,394,488 686,288 5,004,593 1,378,260 607,037 814,632 dividend of of cents 25 year, on June the store 22 to holders of record Dec. 8. cents Dec. 25 cents.—V. 156, p. 50 23, June and Sept. 1863. 25 . 1942—10 Mos.—1941 —— $165,093 118,564 $1,485,970 1,212,018 railway^*** railway***'** income*** accruals tax accru. $46,529 $273,952 $263,870 4,495 48,040 insurance) 1,976 21,426 Net 176,413 257,197 * , . C6pper Cp.~^75-Cent'Dividend— directors from 1942* railway, 1941 1940 1939 $264,277 $158,796 99,688 * railway*— 27,105 *2,185 $157,045 32,580 $103,066 14,818 *2,344 /.' *9,429 y from "Loss.—V. 156/ *, 64,128 railway**** Net from railway— Net ry. oper. income— 2,020,749 621,104 293,357 963,531 1,037,011 1,422,367 • 73,463 47,395 *192,450 336,759 *203,017 ; 47,092 1607. p, Hagerstown Gas Co.—Earnings— 12i Months Ended Sept. 30— 1 1942 Operatingrevenues —i**;***—**——:»**^ Operation/' —*_*:_**——**_**/./.—*.,—*—*r*. 117,513 . 1941 $170,179 $187,409 / .101,332 , 6,830 1 — 7,035 10,827 General taxes." Federal and State income taxes—****..**«*—*. 13.462 income***/*******—./*—1 : $44,877 $48,311 Dr3,331 Dr2;637 $41,546 $45,673 14,400 Utility operating Other income—net (loss) 4,726 . reserve,' accruals*—*-*:**—_**« dross Income Other ; 2,675 14,400 :*.:—*—*—/*'**/*_**_*■*/*„'*■*. $27,146 bonds——_—****/—****•—„*_**:** charges *:*J—_*_****„*—_»***. on : $31,273 13,300 income 13,439 1,173 1,079 J—**——i-—:**———*—**/*. $12,673 $16,755 .Common'^:dividends/*^**,—:**■:******—*;'*/„:*: —V. 156, p. 959. ' i" ' 16,000 17,848 • Net income' *• 14,000 Hamilton Watch Co.—25-Cent Dividend— 21/426 1,976 2,197 _ 17,848 $183,224 Dr55,208 $6,991 $38,081 $183,061 Dr2,078 Dr8,543 Dr56,580 JDrl,949 Drl,909 Drl9,557 $27,629 $106,923 $108,688 541 917 11,249 13,209 . directors The the have declared a dividend of 25 cents per share on stock, no par, payable Dec. 15 to holders of record Distributions of 15 cents each were, made on June 15 and common Dec. 8. Sept. 15, Drl9,328 $2,965 Ry. oper. incomeEquip, rents (net bal.)_ Jt. facil. rents (net bal.) < 405,115 183,624 524,927 1607.- Gross from (Fed. / railroad) ployment 1,414,686 393,273 1,676,371 580,093 279,292 44,950 (reg.) tax 1,441,766 1,898,658 October— . $1,275,672 1,011,802 2,197 expenses 20,583 Gulf & Ship Island RR^-Earnings, /' $16,189 4,804 oper. 25,125 capital Interest- $139,563 123,374 revenue***— 47,872 24,444 " ' v 1942—Month—1941 oper. 1939 $173,225 53,911 have declared a dividend* of 75 cents per share on stock, par $100,vpayable .Dec. 7 to holders of record Nov. 30. A like amount has been paid each quarter/since and includ¬ ing March 14, 1938.—V. 156, p. 342, i" ** the ; (Including Statesboro Northern Ry.) Ry. 1940 $181,933 Gross income ' ' from 1941 . cents each; Georgia & Florida RR.—Earnings— Period End. Oct. 31— 16,481,492 '."/ : Greene-Cananea Distributions of 24, 20,328,801 49,596 $204,813 * 53,533 V 21,473 • ry. oper. The on cents; 40 28, 26,679,048 $177,983 : 1942 * - . railway ' railway— —V." 156, p. for June 29 and Sept. 29, last, as compared March " 30, 1942. " Payments during 1941 were as on March 1 77,812,867 86,650,095 32,662,186 be oper¬ to Sperry Farm-Tested Feeds cents per share has been declared on the capital of 35 payable Dec. 35 *Ry. regular company from Gross immediately, Ry. tax accruals (unem¬ quarterly dividends of 25 cents each in. 1941 paid extra dividends of like amount 30, Oct. 1 and Dec. 29; On Dec. 1 of last, year, one share of Fox DeLuxe Brewing Co. of Michigan common stock was distributed as a dividend for each share of Peter Fox Brewing last begun Co,—35-Cent Dividend— Refractories Net rev. from ry. oper. 25 1 four to addition from from Retirement per 1, last. In paid dealer in a, * Net ry. oper. income*** /.From Jan. 1— years. cents each were made Ry. cents per share and a regular quarterly share have been declared on the common stock, par $5, both payable Dec. 30 to holders of record Dec. 15. Distributions of 25 cents each were also made on April 1, Aug. 20 and extra dividend was is the first Farm Service This has been Ry. income.— Gross Net Gross The former owner, Walter V. Bryson, will be of the store.—V. 156, p. 1237. //■>•/' = ; dividend and 186,151 102,396 1,555,266 Mills 1939 Green Bay & Western RR.- -EarningsOctober— Mills in Utah, seven follows: (Peter) Fox Brewing Co.—Extra Dividend— Oct. manager with 1939 156, p. 1600. An the A 560,314 railway— ry. oper, —V. past 25 1940 .. Net ry, oper. income* —V. 156, p. 1864, Maintenance. 8,779,519 3,972,712 2,910,400 railway---— Net ry, oper. income—From Jan. 1— Gross 1941 $1,125,652 594,218 railway--— from from Net the of " General Division announced. was ated by General The new unit stock, 1942 Service Farm 1 • ry, oper. income— From Jan. 1— Grain Co. of Salt Lake City, Utah, was purchased and operation of the business as a unit of * 1940 , Net by General Mills Oct. 12, ^ 135,473,817 105,179,072 58,424,946 < 41,990,892 31,829,813 25,711,062 .* an- / . ! .1941 1942 _ railwayNet from railway Net Acquires Bryson Grain Co.— the .cents pet..share-Weremade--eaob*quarter;- none dividend was' also paid on Feb. 15/ 1928.— * From Net The W. V. Bryson stock Gross, from . preparation of Cheerioats. the General City Ry.—Earnings— Fort Worth & Denver October— Milis, but; rather share, on per $18,897,840 $13,639,285 $*1,641,488 $11,038,896 railway railway—Vi* J 110:093,892'. 5,304,527 •' 5,439,556 -5,463,595" oper. income— 4,102,997 6,708,227 2,839,080 3,140,832 ) ' ' Jan.!— Net ry. Vice- formerly work after 1689. p. Hidding, cents 25 429, - began'business at Keokuk. In 1912,. this company became the Ptirity • Oats Co. In 1919, it was consolidated with the American Hominy ' Co; of New Jersey, continuing, under that, name until 1934, when it resumed the name of the Purity Oats Co, ? The primary business of the Purity Oats Co. is the milling of rolled oats and various by-products. The mill has a rated capacity of a thousand barrels per day. The company sold and will continue to sell exceptional toasted rolled oats under the brand name Purity. Purity has also supplied ' in the past and will continue to supply to General Mills, a considerable amount of oat flour which' is used in time ceding their lay-off.—V. Gross , M. of ' Purity Oats Co:" was formed in 1934 as a corporation of Delaware; However," its ancestry " originally dates back to 1906 when an Iowa "corporation known as the American Rice & Cereal Co. They must have been on the job, however, for,at least 75% they were scheduled to work during the 12 months pre¬ 1. the of C. dividehd Net. "from The' present it two r.~ A-special were pay *' to. employees who pay. under a Great Northern Ry.—Earnings— announcement further says; The .■'"/./•/ .... operating unit. last, before as This is not a new division of General Manager. 8, Dec. and Oct. 1 and Dec. 23; 1941, as against 25 cents on-April July 1, Oct. on 23 continue will 62 Vr 4% p. October— of the Purity Oats Co. who has assumed the position of General Fres. stock, no par value, payable .Dec. Similar distributions were made on A 156, Gross from is announced that this corporation on Oct. 5 took over the assetsof the Purity Oats Co. of Keokuk, Iowa. 1 " •:/ Under the new iset-up, the direction of both mill and; office at Formica Insulation Co.—50-Cent Dividend— of since/ . Inc.—Acquires Purity Oats Co.— declared From V. Associated General Mills, have stock, no par value, payable Dec. 24 to holders of record April, 1. 1926/to and/ including April 1, -1930,' cash common 10, Monday, December 7, 1942 Hosiery- Co., Inc.—Resumes * Common1 Di v.— directors distributions It ago. ... i the Dec. by the public. , 1942—48 Wks.—1941 76 stores in operation compared with 73 now • Pay Preferred Dividend— Gas & Electric Corp., and 32,110 shares are Dividends have been paid on this stock regularly .and,, continuously/since /.its.issuance,, to and -including ,:the quarterly period ended Sept. 15, 1941. ' v' " / The amount of the dividend which the company proposes to pay iS $75,000. Upon- the assumption that the, trustees of Associated will waive their right to dividend Which would otherwise be payable to them as holders of 27,889 shares, pending further order of the Com¬ mission, the cash expenditure Involved is $40,125,—V. 156, p, 1952. $2,831,165 $38,252,544 $31,132,372 $3,335,862 Sales of trustees /Fonda Johnstown & Gloversville The corporation uhas filed' an application, with, the. Securities and; Exchange-"Commission td pay, out" of capital or unearned surplus; a', dividend on the $5 prior preferred stock; no par value, for the quar¬ terly period ended Dec, 15, 1941. ' Of the 60,000 shares of this stock which are now outstanding/ 27,889 shares / are' held' by Denis1 J. Diiscoll" arid, Willard L. 4 Thorp, held Gotham i: ■ 'The From Jan. 1— Gross when the a'ceapitaUzation has,, been completed. 1941 1942 from Gross majority,/interest, in,its-common"stock Ry.—Earnings— Florida East Coast October— > - last, as compared with 25 cents on. March 16, 1942. Pay¬ during 1941 were as follows: ■ March 15/June 16 and Sept. 15,and Dee. 15, 50 cents.—V, 156, p. 1864. ments 25 cents each, , Co. stock held.—V. Net 156, p, 1416. income—* income oper. Non-oper. —. :. (M. A.)' Ilanna Co.—Expansion— This Franklin County Distilling Co.—50-Cent Dividend— A dividend of 50 cents per share has been stock/ payable Dec. 28 declared initial dis¬ An income tribution of like amount was made on Oct. 20, last.—V. 156, p. 1237. 323 314 3,342 $114,830 $118,692 Act, common stock on Dec. 30, last year; none 1937.•Jan, -Week End. Nov. 21- 1942 Nov. 24 declared a dividend of 25 cents per share on the common stock, par $1, in addition to the regular quarterly dividend of 30 cents per share on the 6% pref. stock, par $20, both payable Dec. 30 to holders of record Dec. 10. An initial distribution of 25 cents per share was made on the on $31,050 Operating revenues. 156, p. 1952. 1941 $45,500 $1,579,969 Georgia Power & Eight Co. 1942 1941 71,178 165,481 66,327 110,972 $1,141,668 187,801 362,863 83,292 119,146 53,410 89,397 $208,436 $245,759 60 4,790 Gross $208,496 155,525 $250,549 Maintenance 12 Months Ended Sept. 30— Total oper. " revenues——«'***—* **_ Operating expenses Electricity purchased for resale (net)_:—— Maintenance —.__^„**J-*:*:_.:*:_*_*****:*_*** — Provision for depreciation—: : Federal 1941 1,517,730 2,892,984 profits-*****'-*:—:-:.*.-—**:. 2,541,991 Taxes ——— Other income•,(net)60,416 $5,200,375 '■ 144,602 1*—. $4,684,243 of debt on ■ Interest Total . income deductions Balance from Net. income income-- $686,925 interest $1,348,711 233.016 income — 267,695 $453,909 — "Including $286,046 (net) prior years. of Parent Company Only, 12 Months Ended Earnings $1,081,016- in 1942 and $164,000 in 1941 applicable to income General expenses , Provision for depreciation* Federal income taxes—— Other taxes Gross Total , . other Note—The for been 1942 , 30,743 from income* '—_■_*— of Virginia aomitted from, the (and also —* 1941 Public above Service 17,415 25,052 $257,152 142,935 *_ 193,978 $192,039. Co. statement of for comparative purposes) and $63,174 subsidiaries consolidated as a income result of the proceedings now pending before the Securities and Exchange Com¬ mission involving the recapitalization of. Virginia Public Service Co." The proceedings Indicate" that the investment of - General Gas & Eiectrio Corp, in ^Virginia Public Service Co. will not represent a 3,226 2,219 7,623 7,223 Cr 1,419 Cr 135 91 665 $31,259 $70,159 deductions*-**———*— / ' . . ' 1942 from railwayNet from railway 420,499 7,383,129 3,248,756 2,893,745 4,403,495 railway—— ; Net from railway income—* oper, 156, 1607. p. 124,550 V 91,064 110,067 3,103,453 1,277,121 3,346,055 671,179 1,117,253 572,398 567,572 ' 604,990" . October— Gross 1942 oper, 1940 1939 $272,315 $249,501 $187,380 268,567 railway Net from railway 1941 $528,257 from ry. 43,852 70,299 24,011 income— ; 4,588 30,463 392 4,128,256 3,018,268 2,124,413 1,902,171 1,712,248 931,672 416,408 304,072 812,643 444,754 130,224 from railway—** : Net from railway Net ry, oper. —V. ■ 156, income— p. -1607. (B. F.) Goodrich Co.—New Synthetic Rubber Plant— The ated first by Government-financed this* company Kentucky," it was -r- Held Subject to FPC The Circuit Court of Appeals has ruled that the-company must com-ply with the accounting regulations of the Federal Power Commission.. The company had contended that its business of generating, trans¬ mitting, and selling electrical energy was entirely intrastate and there¬ fore not under the Commission's jurisdiction,—V. 156, p. 959. * Ilecla Mining 3 Mos. End. *Gross Co.—Earnings— Sept. 30— ; 1942 1941 1940 1939 /***—* $975,740 $605,363 $754,778 $603,636 expenses—** 402,711 306,986 368,245 381,942 income Operating - Taxes accrued (est.)** -146,615., • 97,727- M21,509 Depreciation 9,622 16,484 36,712 Depletion .**,*;*_*****—'/ / 4,890 '■'' ■/- 4,535•../ /**—_*::' **——* . 44,413s- 36,698 , ^ Net profit /**/:/*_l; fEarnings per share— $411,912 $179,630 $$228,313 $$140,582 $0.41 $0.18 $0.23 $0.14 - *Includes other income, ton 1,000,000 shares (par 25 cents) capital $Before depletion.—V. 156, p. 1774. - stock. Hecker Products Corp. Foods, Inc.— — To Merge With The Best /'/,'."•/: "../'// William J. Wardall, Chairman of the Board, on Nov. 30 announced a plan to combine this corporation and The Best Foods, Inc., into one operating company at the close of this year, Dec. 31. ; ; In this connection, a special meeting of the stockholders has been The Best Foods, to Inc., take the necessary action to adopt the name of to charge the item of goodwill, which will and said, "to carry 'goodwill' at the nominal value of $1. The proposed charge to capital surplus will obviate the necessity of. deviating from this established policy in connection with the acquisi¬ tion of the minority interest in The Best Foods, Inc. This action is recommended.by the direotors as good accounting:practice and sound The amount of the write-off is estimated at approxi¬ mately $2,300,000 and the capital surplus against which it will be charged is $16,652,344/ This follows upon the purchase on Nov. 19 by Hecker Products Corp. of the 29% ownership in The Best Foods, Inc., which previously had been held by General Foods Corp.—See also V. 156, p, 1864, (George W.) Helme Co.—$1.25 Dividend— directors have declared a dividend of $1.25 per share on the common stock, par $25, payable Jan. 2 to holders of record Dec. 5. Payments of $1 each were made on this issue on April 1,. July l and Oct. 1, last, as compared with $1,25 per share in preceding quarters. In addition, an extra of 5Q cents per share was-paid on Jan. 2, 1942. The 43,557 166,269 : From Jan, 1— Gross Hartford Electric Light Co. financial policy. from ry. 112,998 189,716 1939 $384,643 218,259 373,009 1940 $406,344 $585,382 ry. oper. income From Jan. 1— Net ■ Regulations—". Wardall 1941 $895,871 Net —V. • result from the merger of the two corporations,, off. to capital surplus./ "It has been the conservative policy of the two corporations," Mr. Earnings— October— Gross _ coal called for Dec. 29 .*—**'*■ 156, p. 695. Gross Net $334,974 — earnings 103,552 i,38l — — deductions $403,172 105,653 .*___ ****** Net.income have $652,111 __ — income 1941 179,360 * 8,026 Georgia Southern & Florida Ry.—Earnings— Sept. 30 1942 Total 156,146 3,020 • 3,996,266 Corp. and merged subcharges—__ 7,835 2,584 2,155 expense*—_ .*—*.*****__*, debt to jMiscellaneous —V. & Electric 1 sidiaries 3,997,318 * *__ General Gas Net income—*——*—,*• and associated companies—.*— charges—****_***,:—*/j*„***i* charged to construction—* on Georgia RR. Gross discount interest***. 2,842 Other .interest $5,344,977 ■ „i„*.**/**w**A^ mortgage bonds*** long-term debt*— assumed Interest 2,260,189 income—/—$4,623,828 ■—__**— Income"- —*****—„*; on Amortization 1,146,364' ' Interest ; Operating income- taxes**—_*- Miscellaneous 2,292,487 • 129,368 ——****:-:*-//———L— excess \ 649,750 1,422,026 ■■■■,■' 1,571,846 of fixed capital***,**. Other, taxes /**::*£**—://**:*/*:*/********** / 1942 996,774 (deprec.) Other $23,527,739 $21,117,666 9,253,218 8,146,474 __ ^Federal income Other taxes .Federal 474,409" ——_*r—*.**;.*:*_—*Z for retire, Prov, (& Subs.)—Earnings— (Excluding Virginia Public Service Co. and Subsidiaries) $1,412,172 Operating income income (net) _—_—i*— per share has been declared on the common stock, par $5, payable Dec. 28 to holders of record Dec. 11. A similar distribution was made on July 1, last, as compared with $1.50 each on July 1 and Dec. 29, 1941.—V. 156, p. 1049./ \. ./•/'■■ //////; / General Gas & Electric Corp. 21- 1941 Earnings— 30— operating revenues ———,**/. Operating' expenses *_/./:r_***:_***—,— Electricity purch. for resale (all fr. assoc. cos.) General American Transportation Corp.—$1 Dividend dividend of $1 Nov. $1,322,030 225,226 Months Ended Sept. 12 Gross A t to 1942 —V. since.—V. 156, p. 428. in its 3,205 $28,232 Period— (Robert) Gair Co., Inc.—25-Cent Common Dividend— The directors $121,897 $3,183 to *Federal Railroad Taxing . $118,172 $28,545 int.* applic. Surp. $3,506 ; —«—** income** from Deducts, the common on to holders of record Dec. 7. Gross . according to a Cleveland, Ohio, dispatch, has inproducing capacity by purchasing controlling Interest United States Coal Co, of Cleveland.—V. 156, p. 1774. company, creased synthetic rubber plant to be oper¬ production Nov. 28 "somewhere in by John L. Gollyer, President. the'Government program—which- upon-com¬ went into announced This newest plant in pletion call's for an annual production'capacity of 875,000 tons—will ultimately utilize butadiene made from alcohol, Mr. Collyer saicf.-U V: 156, p. 1864. —V. 155, p. 1013. (Joshua) Hendy Iron Works> Sunnyvale, Calif.—May Acquire Assets of Crocker-Wheeler Electric Mfg. Co.— See later company in last week's "Chronicle", page 1950. (The) Herbrand Corp.—Bonds Called— of All bonds Jan. the dated outstanding Jan. 1, first 1935, mortgage 15-year ■ 5'/2%- sinking fund have been, called _for_redemption* as of' 1, 1943, at 100 and interest. Trust Co;, ; Payment.will be.made at The Toledo' trustee, 245 Summit St., Toledo, Ohio.—V. 150,- p. 3977. directors share per The stock, payable Dec. 21 -to holders of record 50 cents each were made on June 25 and cents on March 25, 1942. Pay¬ March 25, June 25 and Sept. 25, 19, $1.20.—V. 156, p. 1689. the common of on 25, last, as compared with 60 ments during 1941 were as follows: Sept. cents 60 Dec, each; Hewitt Rubber Corp.—25-Cent Dividend— directors Distribution share per of record 'June 15 March 15, $5, payable par distributions Similar Sept. and during 1941 Payments last. made were March on were 16, follows: as Operating ' dividend of per share on the common stock, .payable Jan. 4 to holders of record Dec. 24.; The dividend of 25 cents, which is usually paid :each quarter, was declared on Nov. 23, and is payable Oil Dec. 15 to holders of record Dec. 5.. See V. 156,' p. 1953.^ V The directors cents 25 Nov. "30 on declared year-end a follows: as shares of each To common new Interstate Department , A bonus Rent . ! of 1,665 95,595 97,863 of like 968,213 ! 50 552 355,773 301,476 . amount $28,844 $381,447 Ltd.—Special .Offering—Smith, /Barney & Co. on Nov. 27 made a special offering of 15,000 shares of capital stock (no par) on the New York Stock Exchange. The offering price Hudson Mining: Bay Smelting & 18,533 248,922 a share, and the allowance to dealers was 50 The offering was completed in one hour and nine cents. i minutes through 30 firms, with the -largest block purchased being 3,000 shares and the smallest being 15 shares.—V. 156, p. 1689. purchases 54 by ; ; / trustee, Bay City, Mich., will until 4 P. M., for the sale to it of general mortgage 20-year bonds to an amount sufficient to absorb $150,000 at the lowest prices obtainable. The said sum, which has accumulated during the past three years in the special sinking fund reserve, has now been released and appropriated to the retirement of general mortgage bonds.—V. 156, p. 1775. ■1' ■ The Dec. \ ■ t Co., Trust Bay receive 7, convertible income $31,206 Interest income Net share per of the common stock, on record declared 25 Nov. on of $1.50 payable Dec. 31 to holders par $100, Distributions of $1.75 each were made on June 18. Dec. dividend quarterly a 30 "and Sept. 30, last, as against $2 per share each quarter from March 31, 1941, to and including March 31, 1942.—V. 156, p. 1953. ; , of Company— Illinois Central RR.—Earnings >:/' October— Net from Net ry. railwaysincome... From Jan. 1— from Gross Net 4,004,987 3,049,946 81,160,316 18,206,970 10,516,269 Jncome_„ //';> -Earnings ■ of System October—. capital amount 25, 100,234,933 27,866,436 20,672,532 17,556,878 - 20,145,080 dividend a 12,383,988 of per share on 156, p. paid 1939 of Stock York New Exchange in issuance accordance with the listing Net from Net ry. $21,201,918 $13,760,832 $11,191,181 $12,144,406 ;. railway—. K income-. 3,28^,224 7,754,261 4,254,989 railway—... oper. 3,587,075 2,526,335 - 1,807,641 4,704,390 Stock Subscription Plan the total applied for 1,014,130 shares. 1 The 40,000 shares of common stock may be 3,509,523 /.%/; railway.:. from Net from Net ry. —V. 173,963,450 116,298,605 93,743,402 33,512,859 21,866,940 railway-—. 63,257,602 income.. 31,823,535 oper. 156, 12,082,391 21,183,861 91,515,621 23,772,139 13,954,590 to affiliated of Central Telephone Co. no one 16, $1,100,000 first mortgage 4% 20bonds, Series A, were sold to the Connecticut Mu¬ year V. Not ' of As Harris Nov. 1942, the due in 16, , Gross sold its $200,000 note to the at 4I/a%, which note is due in equal quarterly install¬ company Company, Trust , . five Net years payable at the rate of $40,000 a year, to cover principal and interest. The company's note in the amount of $65,000 was also sold to the Community Telephone Co., its bearing the rate of 6%, due in 10 years, which note was the payment of the bank loan. of the above issues were used in payment of the $1,350,000 note dated Nov. 1, 1941, due on or before 10 parent, Gross Net the use bonds proceeds The *. . has financing mission,:—V. 156, by approved been 1503. p. $1 ,045.462 $1,043,330 188.430 224,714 51,236 92,679 " : railway— / 17,333,931 from 11,515,308 r 5,830,785 4,180,790 2,461,550 1,120,241 railway—— Co.—Bonds Called— * . has called for redemption as of Jan. 1, 1943, all of the outstanding first lien 6% gold bonds, series A, due Jan. 1, 1949, at 101 and interest. Payment will be made at the City National Bank & Trust, Co., trustee, 208 So. La Salle St.,, Chicago, 111., or at-'the Guaranty Trust Co., 140 Broadway, New York, N. Y. At any time prior to the redemption date, holders of said bonds may at their option present and surrender said bonds at either of the offices specified above and receive 101 and interest to date of pre¬ sentation. 1-:,^ V";-; ;: The company Illinois Terminal RR. Co.- -Earningsfrom Gross oper. income . . 9 485,886 1, 227.959 159,855 Net railway— from Net ry. from Net Net income— oper. rv. 1939 $617,066 108,252 192,830 5,842,375 '2,371,347 1,357,402 5,049,339 4,857,725 1,703,963 1,629,007 960,661 1,005,580 ' 183,904 268,014 , . railway— railway-—— from 1940 $536,482 *211,745 income— oper. From Jan. 1— Gross 1941 $661,486 295,877 170,399 v -■ railway— 'Loss.—V. 156, p. 1608. 7,386,165 3,298,118 1,470,411 International Harvester Co.—Wage Bonus, Etc.— McCormick, President, stated in connection with the dividend that a large'proportion of the company's 1942 profits was derived from the sale of regular products manufactured in 1942 under quota permitted the company by Government limitation order and from sales out of previous years' inventories. All of company's regular - products sold in 1942, he said, were marketed under price ceilings established by OPA. "The company's inventories of regular products are now practically exhausted," he said. ' v' It'was also announced that on the basis of a preliminary estimate of income for year ended Oct. 31, 1942, approved by directors, a distribution of $1,700,000 will be payable to all employees eligible to participate in the savings and extra compensation plan.: This com¬ pares with $3,837,000 paid for 1941. One-half of the estimated amount will be paid each eligible employee before Christmas and the balance, which will be computed after profits for the year are finally determined, will be paid or credited to employees in February./ See V. 156, p. 1953. ; Incorporated Investors—20-Cent Dividend— "'/••••?'.'• Indiana Harbor Belt RR.—Earnings— Period End. Oct. 31— Ry. oper. of Maint. 1942—Month—1941 $1,449,859 $1,327,023 struc. 84,258 117,572 equipment- 145,558 1942—10 Mos.—1941 $13,268,265 $12,290,284 794,444 867,456 147,082 revenues—.— way & Maint. of Traffic expenses 1,213,787 1,123,233 34,749 31,898 319,897 293,954 614,919 640,435 6,245,803 5,320,322 40,154 44,225 387,586 accruals—— Equip. & jt. facil. rents 311,313 114,064 1,924,790 1,665,146 93,121 125,489 1,054,298 1,179,078 income- $125,787 $106,258 $1,254,648 ——— 4,393 2,006 42,660 $1,589,944 25,076 — $130,180 $108,264 $1,297,308 $1,615,020 Transportation Other Ry. . expenses (rail) — — tax Net ry. income Other Total income Miscell. Total oper. 3,138 3,169 30,922 35,280 41,350 417,755 421,321 $63,745 $848,631 $1,158,419 • Net income —V. 156, p. 324,163 41,446 deductions—- fixed charges . $85,596 4 - - 1689. Indiana Hydro-Electric Power Co.—Files Recapitaliza¬ tion Plan With SEC— with the corporate simplification requirements of the Public Utility Holding Company Act, company has filed with the SEC To comply less .,'//,'• 1, and 1967, will , be 1965., 1, at any par.—V. After 1, 1965, the company ; ''■//;•/;• ;•/>;•: Sept. 149, p. 579. call may ' : the '-V; Inc.—Officials Promoted— S. Stores Food Vice-President, Morse, H. Operating. Route Department Vice-President, elected W. Dotts E. Har- Sales, and E. made Secretary of the company. R. D, Sturtevant was appointed General Counsel and head of; the law department. T. Ed¬ ward Davis, formerly. General Counsel and Secretary, has resigned to assume the post of Executive Vice-President of the National Retail Tea and' Coffee Merchants Association.—V. 156, p. 1953. ;:/ ■ , Oklahoma Kansas ;/$ October— > Gulf Ry.—Earnings— & Net from ry. income-— H : 1940 1941 1939 . . 83,318 : $252,919 152,229 $212,697 131,765 $224,244 $336,398 / 214,485 .123,614 : 106,335.. :/x' 61,010 railway—— oper. '■ :■ 1942 ;/ railway—-, from Gross Balance — — Sheet — 341,389 $1,323,419 $1,202,242 as of Aug. insurance . oper. 1,367,819 156, p. 1 , 2,072.549 / 94,379 >/' v common Dec. 10, , 1,267,154. 826,202 - Kendall Co.—25-Cent Common 1: Dividend- share on the stock, no par value, payable Dec, 11 to holders of record A like amount was paid on June 11, last, and on June 12 and 1941.—V. 156, p. 1052. ' • • " The directors have Dec. 8. 2,316,175 1.856,972 1,001,900 607,800 1,147,268 693,962 628,014 income 1S53. declared a dividend of 25 cents per Kewanee Public Service been have There Co.—Bonds Called— 1, 1943. a total gold bonds, series A, due July 1, 1949, will be made at the Harris Trust & .trustees, 115 West Monroe: Street, Chicago, 111. called for redemption as of Jan. $9,200 of first mortgage 6% at 102 and interest. Payment of Savings Bank, successpr 156, p. 961. —V. Funds, Inc.—Dividends— semi-annuai distribution of 77 cents per participation, payable Dec. 15 30. This payment is derived from investment owned and is at the same rate as the last previous semi-annual distribution on June 15, 1942. Payments during 1941 were as follows: June 15, 77 cents regular; and on Dec. 15, 80 cents regular and special of 50 cents.—V. 156, The company share announces a series B-l certificates of the on of record Nov. income on securities shareholders to 1690. p. Laclede Gas Light company, . —V. 31, 1942 $1,402,224; U. S. Government bonds, $56,200; funds $50,705; drafts and accounts receivable (less reserve), $4,212,506; advances on grain in transit, etc., $88,891; inventories of grain, flour, cereals, feed, packages and supplies, $17,462,134; accrued earnings (storage, interest, etc.),, $126,799; due from affiliated company (Terminal Dock & Warehouse Co., Ltd.), $115,032; prepaid expenses (insurance, taxes, interest, supplies, sales¬ men's advances, etc.), $297,448; due from employees, $19,204; mem¬ berships (at market value, not in excess of cost), $17,600; investment in stock of Associated Co. (Terminal Dock & Warehouse Co., Ltd.), $10,000; miscellaneous advances and investments (less reserve), $68,734; real estate, buildings, machinery and equipment, $14,852,195; total, $38,779,671. .. ■ i'.-.'r ;-r Liabilities—Notes payable, $6,730,000; accounts payable, $1,568,424; taxes accrued (including American and Canadian income taxes), $1,921,900; accrued commissions,; payrolls, interest, etc., $125,679; accrued dividend on preferred stock, $33,887; 1st mortgage serial bonds (current installment), $50,000; reserve for Canadian exchange on net current assets of Canadian subsidiaries, $631,062; 2(4% note payable due Aug. 15, 1950 (secured by deposit of first mortgage 4% bonds), $1,500,000; 1st mortgage serial bonds of Fort Garry Flour Mills Co., Ltd. (less current installment of $50,000), $350,000; 1st mortgage leasehold bonds of Humberstone Flour Mills, Ltd. (on Humberstone property), $450,000; reserves for maintenance and depreciation (accumulated since Aug. 31, 1922), $6,214,638; reserve for Canadian exchange on net non-current assets of Canadian subsidiaries, $260,314; reserve for contingencies (including possible additional Federal income tax on profits of Canadian subsidiaries, payable only on distribution thereof), $587,800; reserve for insurance, $116,600; reserve for com¬ missions, $99,200; 2nd preferred stock of Robin Hood Flour Mills, Ltd., $2,635; capital stock of International Milling Co.: 1st preferred, $5,451,900, and common, $2,500,000; earned surplus (including $2,467,094 undistributed earnings of Canadian subsidiaries accrued sub¬ sequent to date of acquisition less cost of International Milling Co. common stock held in treasury, $248,209), $10,185,633; total $38,779,671. —V. 151, p. 3241. with ry. railway from Net 2,554,234 railway from Keystone Custodian 121,972 Flour Mills, Ltd.) not owned by International Dividends on common Assets—Cash, declared a dividend of 20 cents per. share out Of current and accumulated earnings, payable Dec. 22 to holders of record Dec. 5. > Similar distributions were made on July 30 and Oct. 31, last, as against 17 cents on April 30, 1942. Payments during 1941 were as follows; April 30, July 30 and Oct. 31, 17 cents each, and Dec. 22, a year-end of 20 cents. ' ;/ It was announced that it is expected that 1942 dividends to shareholders will be free from Federal income tax.—V. 156, p. 1608. have directors Sept. Subs.)—Earnings— ' * 1942 1941 income "$1,934,484 *$1,594,440 Dividends on, 1st preferred stock : 269,676 270,226 Dividends on 2nd pfd. stock (Robin Hood Years Ended Aug. 31— .Net Consolidated Balance The On interest date upon 60 days' notice at rates varying 103 and interest on or before Sept. 1, 1947, to 101 and interest Gross 'Including excess provision made in prior years for income taxes. , not Net . International Milling Co. (& I942 $916,910 477,667 October— to not at not less than 97¥2 and accrued interest this basis the proceeds to be realized will than $975,000. The balance necessary for the 1943, • 9,378,808 1,161,932 *90,806 , - 1, delivery. Net the Illinois Commerce Com¬ Illinois Communities Telephone $1,325,512 272,952 137,235 income—. Fowler ' , April of M. 3 1939 1940 • announcement , , 1941 1942 'Deficit.—V. 156, p. 1608. •- like amount of 6% payment and call of a 1949. in due in authorized Nov, 27 by the New York P. S. Com¬ 3% first mortgage bonds, the proceeds to From Jan. 1— years to the Illinois Communities Telephone Co., its immediate parentIt is understood that the Illinois Communities Telephone Co. was to ' $2,330,883 1,038,938 852,380 railway— railway-—. oper, from Net ry. „ proceeds •company's Corp.—Bond Issue Au¬ equal amount of outstanding 5% bop.ds. Commission's order the new securities must be sold the than was ./".From Jan. 1— " subordinated in principal to The . from from Net ry. ments J . promotion of six top executives to new offices with the com¬ pany has been announced by F. J. Lundling, President. G. L. Clements was named Executive Vice-President, Food Stores Department; C. A. Larson was elected Vice-President, Food Stores Merchandising, and ' . International Great Northern RR.—EarningsOctober—- 1962. . / •' The 1239. p. from the; enactment of the profits tax law in April, 1942, retro¬ 1328,. • , . • • :/;V-./':'.:</% resulting p. graverwas tual Life Insurance Co. ,of Hartford, Conn. The bonds were sold at par and were dated Oct. 1, 1942, due on Oct. 1, 156, to an Jewel Tea Co., also majority of the present board of directors, including the present chairman of the board, shall not become subscribers under the plan. Nov. applicable $1,000,000 date bonds A vately—On redeem on offered and and officers of the company and of Its companies, including members of the board salaried officers, as a committee of three of whom shall be a subscriber under the plan shall more than 10,000 shares shall be allotted during any are calendar year. Bonds Placed Pri¬ — issue to from ■' allotted $226,017 • employees who determine. Illinois to used redeemable at making 1942-1946 1941,—V. The corporation was subsidiary or directors directors 1689. p. salaried such of 1, redemption will be supplied by the company. The new securities are to mature on Sept. the calendar years 1942 to 1946, both inclusive, for subscription during From Jan. 1— Gross Employees'. Company • $283,133 overaccruals of 9,163 7,261 since Jan. 1, 1941, have been adjusted for include - the corrected pro rata portion of profits taxes amount of on official notice the Ingersoll-Rand of reversal 9,127 8,990 • 1942. to purposes excess mission be (no par) terms of Jamestown (N. Y.) Telephone ( from Gross $17,478 156, to the 65,237 /, thorized— . authorized has $329,545 83,965 ;; 430 adjustment for months Jan. Under additional shares of common stock 7,058 1,060 excess 1775. , . 750 charges./. net and to later The /'•' been 90,000 $383,349 6,950. active 156, p. 1775. cents 25 •'/A//'. amendment to the Jamaica Dec. 22 to holders of record Dec. 7. A each quarter since and including March payable has 1941.—V. 40,000 1940 stock, Ingersoll-Rand Co.—Listing— ; ■' 1941 1942 - declared have 7,500 $25,717 15.013 $419,545 90,000 disct. & nine comparative 79,376,866 the like V 48,969,425 directors The first income Inspiration Consolidated Copper Co.—25-Cent Div.— ' 2,827,021 1,998,279 145,272,601 oper, ry. , railway- railway.:—.. from Net ; _ 1939 $473,349 W . Note—The above figures, , - .. 1940 • $9,440,420 $10,434,250 $17,589,868 $11,527,958 •'•.6,023,053 2,493,052 3,118,457 • 1,280,827 railway.,.., oper. 1941 1942 , from Gross the end pany's funded debt and serial notes by $10,720,000.—V. $33,217 $23,103 income $2,800,000 Serial Notes— a the I)r4.081 $14,355 Other $404,527 $477,430 537 , •738 "Includes directors The before tion 102,172 171,003 $32,679 expense Chicago dispatch/the company will call for redemp¬ of this year $2,800,000 of its 1(4 % serial notes, which were to be due for payment in equal amounts of $700,000 each on July 1, 1943, Jan. 1, 1944, July 1, 1944, and Jan. 1, 1945. The redemption of these notes, in addition to the $6,500,000 in series :1"E" bonds of the company which were called for redemption on July 15, 1942, and current retirements, will reduce the total of the com¬ According to Co.—Smaller Dividend— Illinois Bell Telephone 508,282 125,067 158,724 7,500 / stock-. debt of 616,575 9,180 $30,603 ;/ ——— deb. on Amort, 1942—12 Mos.—1941 $1,377,797 $1,185,984 Dr603 ; - Gross income income Inland Steel Co.—To Redeem . (net) ( Gross/income Retire, reserve accruals bids 6% com¬ Distribu- 15, 1941, quarterly 011,514 ;/./ 15,035 / 311,211 Industrial Brownhoist Corp.—Tenders— « the on 18. Dec. from 46,616 —A'< "CrB,462 Taxes 1775.- p. declared record quarter 57,004 (Maintenance Co.,; $21 was ; 156, been of each >..1942—Month—1941 $100,783 $99,989 . —V. " has holders made $420,035 17,886 Net -income 'A—A----. to 1' — Other $29,096 v Stores, Inc.—25-Cent Dividend share per 15 were revenues-.— Operation . Net oper.. inc.- Jan. Jamaica Public Service Ltd. (& Subs.)—Earnings— 1,951 38,071 50 47,496 cents 25 /Period End. Sept. 30— 878,704 Operating taxes of payable Oct. to and including Oct. 15. 1942, prior t6 which regular payments of 15 cents each were made.—V. 156, p. 1690. oper. A— prop. Operating 158 < stock, tions $1,603,728 1,562 $1,707,650 $162,718 170 expenses lease for $174,675 . rev. oper. dividend mon 1942—10 Mos.—1941 1942-—Month—1941 revenues Uncollectible (A.) Hollander & Sons, Inc.-—Year-End Dividend—L ; 11 Indiana Associated Telephone Corp. —Earnings— Period End. Oct. 31— Operating '" made be would in cash and ' cents.—V. 75 common share. To each share of common stock 0.525 share of new common. $10 per , . 15 to holders Dec. new (exclusive of escrow stock!, '-■• After reclassification, the new common stock will be divided between holders of the present classes of stock in following proportions: Pre¬ ferred, 95.43%, and common, 4.57%.—'V. 151, p. 1433. June 16 and Sept. 15, 25 cents each, and Dec. 15, a year156, p. 1050. .i-;r'.,li>.■ ";.v •.>'94 15, of end 1. Dec. stock, capital the on of preferred stock $14.20 par 2039 International Salt Co.—Special Offering—A^ special offering of 3,000 shares of common stock (no par value) was made on the New York Stock Exchange Nov. 20 by Wertheim & Co. at $411/2, with 65 cents commission. This offering was sold in one hour and 23 minutes to 35 purchasers through 18 firms.—V. 156, p. 1865. stock. common share of quarterly dividend of 25 cents declared a 24 Nov. on subsidiary a plan provides that stock, The is company 14,000 shares.of common stock now held in escrow should be returned to Hydro and canceled. Both preferred and common stocks should be reclassified into a single class of new Distributions Dec.. 10. The voluntary plan of recapitalization. Midland United Co, a of declared a year-end dividend of 90 cents 25 Nov, on Year-End Div.— Co., Inc.—90-Cent Powder Hercules The THE COMMERCIAL & FINANCIAL CHRONICLE Number 4131 Volume 156 i^V. 12 Months Ended Operating Operating Co.—Earnings— Z Sept. 30— revenues — expenses Maintenance Provision —————— on funded debt— Amortization of debt discount and expense- interest Interest on consumers' deposits, etc Interest charged to construction Miscellaneous deductions Taxes 011 Net bonds "The 56,150 13,150 $2,463,025 420,864 $2,234,858 438,719 $2,673,577 1,945,000 138,016 144,028 / 16,019 and provision for Federal income ——. — 5,623 Crl2,121 19,819 Crl0,959 $556,447 ; 15,612 tax for the nine months ended 1942, has been computed at 40%. At Sept.was made, or considered, for excess profits Laclede 17,826 6,552 $780,605 - income ,Sept. 30, provision p. 1776. 423,450 1,935,000 — 878,330 343,891 19,000 tax income Gross 526,608 835,470 382,106 $2,883,889 State income for Operating income Non-operating income Interest 2,578,076 279,941 531,807 local and miscellaneous Provision 1941 $6,911,004 2,758,248 //:.• 307,450 retirements for Federal taxesCity of St. Louis gross receipts license tax "Provision for Federal income tax ' State, 1942 $7,720,556 : 30,. 1942, no tax.—V. 156, /.; -v' Steel Co.—Year-End Dividend— year-end dividend of 80 cents per share has been declared on the stock, par $20, payable Dec. 18 to holders of record Dec. 11. each were made on June 30 and Sept. 30„ last, compared with 25 cents on March 31, 1942. Disbursements during A common Payments of 35 cents as 1941 50 were cents as each; follows: March 31. 15 cents; June 30 19, $1.10.—V. 156, p. 1152. and Dec. and Sept. 30, THE COMMERCIAL & FINANCIAL CHRONICLE 2040 Lake Superior & Ishpeming RR.—Earnings— October—- 1940 1939 ,$349,316 $505,220 $531,078 277,326 180,620 330,223 406,890 Other 80,920 72,841 104,302 320,414 railway—— 3,148,443 3,159,654 3,199,791 2,490,026 1,789,929 1,968,091 2,130,551 1,560,14') 827,655 976,656 1,257,507 1,049,323 railway from Net Net ry. railway income*.'. oper, Period End. Oct. 31— Passenger From Jan. 1— Gross Net l'rom ry. —V. 150. from coach $1,439,821 transp. 1942—10 Mos.—1941 A $1,148,666 $12,749,532 $10,816,805 29 65 • ■ 517 :J to 47,979 8,809 243,259 $12,993,308 897,564 8,909,577 133,828 122,838 1,316,803 •June — 8(277,5*2 ' 20, 10 1153. p. i Depreciation cents share has been declared, per payable Dec. 23 $10,888,1*7 959,353 11 on 70,358 $1,157,541 dividend of stockholders of record Dec. 10. ' This compuves with nine cents paid Sept. 21, last;. 10 cents on June 20i 1942, and 11 cents on-March 20, .1942.- Payments "during 1941 were as follows: March 20, 12 cents; 954 $1,487,829 opers Operating revenue Operating expenses—— 1609. p. 1942—Month—1941 revenue—„ rev. and from Net Massachusetts Investors Second Fiind, Inc.—Dividend Revenue from other rail from Monday, December 7, 1942 Corp.—Earnings- 1941 $428,200 railway——* oper. income, ; Gross 1942 Los Angeles Ry. Cents; ' Sept. 20, 11 and cents, Dec. 23, 14 -cents.—V. 156, ' y ■ Mathieson Alkali Works--25-Cent Dividends 1,206,366 A dividend Lawrence directors The the Portland capital "similar during were 15, 50 15 March on cents,—V. of 10 Dividend— cents of none and share per record last; 10, March 155, 25 holders to follows: as Co.—25-Cent dividend a Dec. made was 1941 and Dec. declared payable distribution ments each, have stock, Cement Net oper, Dec. Aug, 15, 72,510 Operating Income Coal Navigation Earnings Outlook— The board share per able on July 25, managers the on Dec. paid of 21 to July 1,929,127 holders 29, of last; Nov. on Interest cents record Dec. cents Interest Dividend- Int. 5. dividend a shares of This Dec. on no 40 income- taxes.—V. 25 cents 1942 from Net ry. Gross ry. Net from Net ry. Net 156, from Net ry. —V. 608,140 419,338 176,445 269,521 ry. 1,343,278 749,403 480,238 418,301 324,127 210,103 151,682 1,405,612. 1,317,874 —V. Gross $412,317 8,682,606 6,817,171 168,756 2,414,359 2,194,135 3,695,629 3,570,066 income— 1,894,378 1,963,587 1,349,100 1,371,633 1,359,953 income 1,215,947 1,225,517 992,600 ry. 1942 , the to In all to of the Bonds Due in to be Drexel & Co., facilitate purchased Philadelphia. The request operation of the sinking fund the by the will be company tendered with the call that series sufficient it for tenders, has made the is company $11,717,281 $8,751,097 provision for for their redemption Feb. on 1, the 4,175,611 2,547,073 3,005,403 2,866,335 1,672,137 2,326,525 first and dated the be retired are part of and 1943. 136,892,998 98,399,353 80,753,538 issue $2,655,500 will Upon an remain held are completion of in this Of outstanding. alive the bonds due Feb. redemption, the sinking fund and $64,000 company's treasury, leaving a balance outstanding with of only $280,500,—V. 154, p. 1149. 55,472,276 19,629,229 34,824,356 21,994,990 20,838,655 income— 19,072,479 12,767,450 OctoberGross Net 1942 from from railwayrailway- $9,000,000 1, 1944, in are Central RR.—Earnings— ry. oper. income. From Jan. 1— from Net from Net ry. —V. the , . Gross Net 1940 1939 . $5,230,771 $4,360,026 $4,59.0,669 — 3,191,836 1,285,909 1,566,234 960,118 $616,235 613,157 912,655-1,126,479 — railway- 22,459,643 income 46,986,478 15,577,378 9,098,682 10,070,245 39,082,130 37,403,124 11,212,416 9,989,757 $319,725 $4,462,164 98,945 1,905,891 Dr47,682 Dr22,853 Dr2l4,876 Dr232,979 $319,521 $192,273 $2,293,715 $2,383,534 34.792 537,764 $227,065 $2,831,479 5,669,969 157,791 1,583,321 A 1,631,073 $218,489 of first mortgage Jan. 1, 1955, at 105 and Harris Trust & Savings 15-year payable of share record $69,274 $1,248,158 $1,128,185 per share have Dec. one of 50 p. been 24 interest. of Dec. 15. An • cents the Dec. on 20, the on quarterly of extra $1 1942, a total 4% bonds due Payment will be made at • Jan. the on 15 declared 226,642 holders to the of regular common stock, share made this both on In last 1, paid on Dec, shares record in of $1 on Dec. to of and of capital Dec. Oct. the to dividend stock 31.-.: Similar 15, .Net The first capital Regulation V loans for market in New York the $60,000,000 Credit— • aircraft $60,000,000 a industry loan for to reach the of 37'/2 20, i 1940,' ,;an /extra Gross, of law months effective each in announcement, payment 1943, the spacing of December, of of 1 37 Va now; Mr. 1937, like payments, • said,.- the Trust Co. Reduces Notes to The notes of that on dividend will Period End, 1954. p. stock, Earnings— declared par $1, distribution on was The directors share share in the on Nov, on addition 25 to declared the outstanding usual year-end dividend a quarterly dividend of of 75 25 cents cents per common - 1942—9 Mos.—1941 operating revenue $13,839,992 income Lone Star Gas Corp.—To Vote upon the plan of the plan, of Northern dividend of of is intended Natural Gas to common of stock 1942, details of reorganization. it share one common 31, stockholders Total gross earnings. $14,064,861 Operating costs6,842,433 to Lone holders plan Co. see of stock V. 156, oper. the common stock (par $20) by Lone Star Gas Corp. as a Star Gas Corp. at the rate Lone Northern for dividend 18, at to each be 18 shares payable Pittsburgh. on For of 589,149 289,183 700,517 "4,451 income— from it from it ry. "274,591 195,506 29 ,082,150 -|V 8 000,052 income—JNl ,988,200 156, ': 1939 $2,360,955 . Minor, of p. 1776. 22,622,331 6,248,580 848,499 21,237,550 5,585,109 771,137 21,837,963 5,718,282 533,397 25 int. in and . rate up 1941 to i, March • 25 cents , per 89,577' ; 119,436 ''" t *■ ;, ; 33,529 „• 01,927 - 38,3*8 * 1,109,098 : 1,159,976 ' 531,584 - 471,425 581,482 373,469 266,991 ■! v ;, , 1939- $134,322 • 54,491 ':"j 1,217,298 • 501,599* ;• 290,000 , ; 50 cents Dec. per to 19 made were at •' : 336,618 r.;,. . . , ; . and a has been share holders on V-!--'s:' of record declared Dec on the common Distributions .9, of July 1 and Oct. 7, last^as against 60 cents year-end. dividend of $2 on. Dec 20, 1(941. May 23, Hartford the at 1934, National and 100 Bank -& interest, Trust 1970. p. was in. excess of $2,000,000. reorgahlzation 'for/the railway; under of receivership on summarized —V. m Payment CO.v'successor " ■ ' Sept. table after 24, 156, years 1942. the of 19 income—!—• by- Federal •.! •/! :. • report follows: ' •«' 1942—Month—1941 revenues,:"— ; which' the -lihe approved was $1,379,972 r $1,024,576 $11,068,657 417,044 191,372 ' 2,413,594 $9,012,130 1,304,894 " 411,498 ; 178,865 2,206,291 1,229,898' 1867, p. 'October— 1 from Gross Net from ry, 4 1942. •«■ • railway- ~vl941 . ? 1,208,738 1940 • ,1939 $3,747,759 1,868,343 income-. oper. ■ $4,584,109 - railwayed—: ."1,465,017 $3,113,264 1,038,211 -780,001., .684,350. • _ 1,271,134 $1,619,040 1,779,588 $1,895,081 1,779,588 from Net from. ry. —V. 1,088,425 railway*. 35,648,371 _ 30,344,025 763,271 26,345.575 23.660,294 railwayincom'e_. ! 10,488,086 8,944,809 7,077,501 6,588,444 _ 5,341,135 4,102,593 oper. 156. 1777. : p. - , 5,454,164 2r509,155 ' t$160,547 $115,493 Light Co. electric properties in its Pine River District for $185,000. Minnesota Utilities Co. representatives called it a step'in* the organization of American Utilities Service Corp., parent company. ■ t$14T,470 Act for of income Sept. 1, Federal estimated computed 1942. • 1941, and taxes accordance in ' • taxes for the . : ' on Mississippi rates as included ih the Revenue Act of Gross • Net 1418. C^ntra^ 11 Net from ry. p. 1941 railway::__ $163,284 1940 $106,770- ••75,780 ■36,52-1- railway-:.^ \ailway__ oper. income-.*' "Deficit.—V. 156, p. re¬ on i|.s 1G91. railway-4--—— frotn Net 156, pay RR.—Earnings— ' 20,051: ry: oper. income—l" From Jan. l— Gross proceeds of the sale to 1942 from from use American.—V. -Net 1941 31%), and provision for Federal excess profits tax aggregating $231,806 applying to the full year 1941 was made during' the last three months of that) year. •' ' '*'••• • • y • ' ' would October the periods was accrued adjusted in subsequent' Utilities Co. indebtedness to note ' 1941 was Minnesota Income with ' The company has asked SEC permission to sell to Minnesota Power & $2,267,685 2,415,155 periods, ' $3,014,102 " From Jan. 1— Gross 687,272 $1,383,872 made •: : 1942—10 Mos.—1941 Minneapolis St. Paul & Sault Ste. Marie Ry.—Earnings r4 119,436 477,539 actual 156, p. 1940 $120,298 ." Minnesota Utilities Co.—Plans Sale of Properties— 1942 to ' income--- made Net 518,586 been 1,231,763 -' *; ■ 63,028 f. $112,738 _ ' / v-V) ••• 58,485 ■>. : indenture; dated be oper; 48,759 47,155 89,577 76,256 .v- income 501,875 65,284 47,860 -501,875 36,598 (approximately tDeficit.—V. of 1941 ••• - dividend of Operating $3,675,011 '48,759 376,404 balance 30% and 1 .• 1942 1610. amount •'Net inc. Provision for Federal a record cents," 50 dividend f.v" income-i„. p. .' Net . 4,183,853 $3,107,974 376,404 recently-enacted Revenue at follows: as 1, the on June -(>-:■* . Period End. Oct. 31— 1,375,222 _ the were and Dec. further 2, CUrbana, III.)—Bonds Called— *. Court Subs.)— 372,546 has March stock, payable Jan. 5 to holders of record Dec. *. railway --'!-.. The plan A & sub.,— net to 1941 each, a recently declared 1 to holders of on railway _iW' '• ' $155,095: .'$158,156. r»- 81,894 V: : 89,023 ' • District com¬ 4,411,565 ' $2,687,360 subsidiaries applicable made were during cents was payable- Dec, declared . from against a Balance 692,061 139,875 2, also . -emerged Url3,043 of share per jncopre for October and foy the first 10 months of 1942 was for'any sirtiilar periods since 1929-for" the road, Lucian t. 'Sprague, President and Receiver, announced. 'vvX,'■" *'■ i sprague's report also -shbwed that ' net -income '* for* the dirst 10 " railway oper. charges divs. 1690. the highest 156, p. 1330.. income Pref. 156, p. Net , on 1,349,607 $2,306,857 expense. months of railway "Loss.—V. disct. interest Other ' Dee. From Jan. 1— ross Other "Deduction 1940 $2,329,092 3,149,749 debt— debt a 1946, Hanover ' ■ Consol. 1941 1,022,521 36,598 funded 1, Central N. Y. City.—V. 70 Broadway, 1943, 1, due Jan. the $206,000 outstanding first refunding mortgage serial bonds 1949 Inot including $2,000 bonds maturing Dec. 1,. 1942j oper. Net ' balance Preferred dividends $2,197,484 6,069,885 3,200,656 of Jan. of as bonds at made Minneapolis & St. Louis RR.—Earnings Gain—J $18,897,306 $18,247,713 9,077,353 7,964,341 950,806 ^ 1,049,288 $13,693,819 764,304 expense further 1954. p. $3 ,082,103 railway et from railway ry. of Dec. 1942 from to vote Earnings— October— st owned such record Long Island RR. ross now Star, 1942, Subject to the stockholders' approval distribute stockholders of common of to on Amort, 17, be trustee, 777 Main St., Hartford, Conn.-^V:'118, j munic. : ■ redemption fund 5*/aM> will railway' 156, will ■ record 1942—12 Mos.—1941 $13,273,237 $18,570,551 $17,717,401 420,582 326,755 530,312 1,040,494 & State taxes for The.compahy has called for redemption as of Dec. 26, 1942, a total Of 6'/2% 10-year first mortgage iextended) gold bonds,'issued ! ; 674,421 —; Int. Plan— on will be held Dec. 224,869 *___** Maintenance Consol meeting of last, Oct.' 1, on of .•*.:; "Fed., of v ' 1, .month's "Of 1942 per-share holders to : Sept. 30— Depreciation : value, par from-rflilwayri_^ under ' stock, both payable Dec. 23 to holders of record Dec. 11. A year-end distribution of $1 per share was made on Dec. 23, last year.—V. 156, p. 1776. A special made cents 25 26 Dec; Apr. 1 and July 15, 1942.—V. Other per of dividend a payable Gross Lone Star Cement Corp.—Year-End Dividend— set adjust¬ amount $40,500 of •. Massachusetts Power & Light Associates; (& Oct. the 't;; (The) Miller Co., Hartford, Conn.—Bonds Called— $10,000,000— 2, 1942, it reduced outstanding $14,000,000 to $10,000,000 through prepayment of $6,500,000 notes and issuance of $2,500,000 in new notes.—V, 156, from have similar A rates on quarter in , January dividend in December was Starting with the current dividend the customary January January.—V. 156, p. 1215. in with 50 cents each pares corporaton reports existing 15. based third to the 200 stock dividend paid on Nov. 1, last year, .'the following cash payments were made during 1941; April 1;» $1.50, and July 1 and Oct. 1, $2 each.—V. 156, p. 1610. V c Maryland Drydock Co. of Bait.—25-Cent Dividend— i-. common the tax .accruals 'Prior com¬ the Dec. is tax During excess distributions April, l, ,1942, on restored.;"J"! Jessup made on this issue on April 1, July 1 and Oct. 1, "last.4"":0\ Payments during 1941 were as follows;' April 1,'July 1 and Oct.' 1, each, and Dec. 26, $3.—V. 155, p. 2281. the income 1942. called cents 25 common '"stock, payable the customary January, of January, 1938. This Jessup stated, paid directors : Midvale Co.—50-Cent Dividend— A B7 quarterly dividend of The $0.38 Nil < t cents, Edgar this regular.dividend is instead *1937, the customary December, 1941, Mr. $424,041' . • • 922.' oper, ry. —V. • advanced the date and paid in until the ry. Net extra, dividend $2 per share has been declared on the common stock, payable Dec. 26 to holders of record Dec. 10. Distributions of $l'each Lockheed $0.16 "920,000 , recently called for redemption as of Dec. 1, 1942. at lOOVa and Payment is being made at The Northern Trust Co.F trustee, .-••'"Net'.from distributions " • are p. From Jan. 1— •• outstanding, Marlin-Rockwell Corp.—$2 Common Dividend— $1 $512,204 Payment " Aircraft Corp., to be managed by the Bankers Trust Co.., and a $30,000,000 loan for the Vega Aircraft Corp. (a wholly-owned sub¬ sidiary of Lockheed), to be managed by the Central Hanover Bank & the from Net 37V2 were Lockheed Aircraft Corp.—To Get on .••Gross from : ' A 167,150 302,750 IMidland Valley RR*—Earnings- ; an quarterly dividend with paying be of last. usual Dec, on current that three tax a the stated of year dividend hereafter "305,000 of Payments Chicago, 111. • directors declared 1941, and with January, in that of 125,519 interest. 22, both \ periods Because pany 15 the addition 19, President, four $2,581,262 54,241 133,988 44,972, Federul Act 24, one paid. conjunction into in Dec. July year, share payable Jessup, 15, Apr. time per cents was •$959,992 55,717 Nil trustee, no Sept. 155, were the Jan. on quarterly , the Bank, corporate trustee, 115 West Monroe St., Chicago, 111., or at the Chase National Bank of the City of New York, 11 Broad St., New York City, N. Y.—V. 156, p. 1053. of directors All of the also was 1940, and . have share continued 31, fund Co., last. and 2 The and the regular quarterly dividend declared and 607. directors cents 20,201 • 34,364 $320,137. has October—., payable $907,284 -217,750 of secured sinking Similar dated Dee, Dec, 156, per 20,686 21,874 . p.. 1330. stock, 1, June Marchant Calculating Machine Co. of Oakland, Calif.— No Extra Dividend Declared— ■ V cents 10,997 48,699 7,587 • dividend of $1 declaration, as sinking Trust 23., Sept. 1609. per year; 9,955 20,171 ••• 6,821 44,663'* • eliminate to interest. dividend —V. cents 1938, has called for redemption company & Nov. $2,759,253 154,809 extra 1939.—V. 10, 491,976 $909,180, $2,501,384 •"■1 Merrimac Hat Corp.—25-Cent Common Dividend— 375,724 $373,298 . p. 156, and common ___ being last •6,289,439 4,530 *' • for Revenue made corporation par Bank Dr201.650 $3,941,833 53,777 * 50 holders 1942—9 Mos.' —1941 1,123,670 Ur5,654 i**** extra policy $708,000 Sales,— $7,198,618 $12. 993,360 15,128 . 4,945 profits taxes. provision the total of $46,000 8,363.620 Drl8,671 4 income An of 10,155,613 5,821,792 1609. p, of Mercantile Properties, Inc.—Bonds Called— 270.561 income income 156, 3,632 — excess were The $14,451,921 $12,305,453 Mapes Consolidated Mfg. Co.—$1 Extra Dividend— 1,572,447 1,451,988 63,659,486 Manager $880,039 . $611,246 Mercy Hospital 50 $7,678,236 „ General 3,479,699 10,072* depreciation- Note—The i •- Dr7,483 oper. Deductions At V 1941 to \ ' \ $4,359,737 " ■ $592,597 —— rec._ profit '*„ forth in 1942—10 Mos.—1941 $1,279,843 961,260 , revenues- income dividend railway- oper 156, The $1,577,496 —_ rents ry, The public Libby, McNeill & Libby—Bonds Called— of expenses -v/ 1942—Month—1941 revenues—— *„*_;■ facil. 11667,775 deductions— for ments — Other the u- Net Gross 13,875,847 1954. p. oper, Net were Lehigh Valley RR.—Earnings— Sales r " Vice-President-Director 1942—3 Mos.—1941' ' I" $2,260,372 72,241,062 Equipment rents In accord¬ original issue of $15,000,000 mortgage sinking fund bonds of the company, maturing $3,000,000 at ten year intervals, Feb. .1, inclusive. *,i ' appointed •— income" ——i— Net refunding 1924 1934-74, of to 1 of a the '' , , Earns,; per com. share—. at . bonds Vice-President-Director Assistant. to been 30—* divs, & earn. "Includes railway.— Operating retirement be The per "•• $9,199,687 7,203,205 Operating outstanding by paying into the sinking fund the provisions of the sinking fund, the moneys so paid applied to the purchase of these bonds and to the redemption on Aug. 1, 1943, at 100'/$ and accrued interest, of any of the bonds not previously purchased. in will 1939 notifying with ance ~1940 3,253,863 oper. 156, —V. the elected &' exps.— sales $35,000.—V. by fund. bonds bonds of amount an made sinking connection holders of is bonds the 1941 $16,131,182 Maine Jt. tenders and " railway—— from company or /' >.. ; of emerg.. facil— Prov. for Fed. inc. taxes ... from Net New York, „ has Amort. income— oper. ry. 1609. Redeem 1941. retired. Total, income 1,075,718 Co.- -To Dec. 24, on 1942. 1,269,515 Period End. Oct. 31— 1,872,499 National Bank, of Other 1609. railway—— railway from 160,078 4,457,930 Coal been Discounts, royalties, etc. ; 208,237 121,728 Valley paid ' Operating profit:-'' t 6,241,077 3,552,512 from Net $446,440 193,395 is inviting tenders of its first and refunding mortgage sinking fund bonds, 5'.7 series of 1924, due Feb. 1, 1944, to be sub¬ mitted on or before Feb. 1, 1943, at not in excess of 100\'i% of thenprincipal amount, plus accrued Interest to Feb. 1, 1943, at The First lor 236,696 5,095,643 p. Net —V. 122,086 5,181,476 37cents against as 389,319 12,519,256 oper. Net 1939 1944— it 355,351 207,542 . Louisville & Nashville RR.—Earnings— Taxes The Cost railway—* railway-- 156, Net 1940 $559,008 " lafctj, 1938, to and including Mar. 31, (& Subs.)—Earnings- $847,507 From Jan. 1— 2,033,056 Lehigh • Int. from from October— 1,853,544 $508,422 railway— p. $808,917 28,780 38,374 railway—w*. 156, $1,060,592 Prov. —181,408 income—. 78,962 oper. Maytag Co. Sundry, 1941 30, 31, becomes • Period End. Sept. Ned sales 1940; 59,803 1942 1418. p. ,11939 ,1941 , 1939 370,719 1609. p. Sept'. also Kienle, Drummond 156, $159,471 railway from V. Ry.—Earnings— railway-—— from Net From Jan. 1— Gross "$104,631 ' has A. Quinn ,v . ' W. 63,544 2,870,713 railway— oper. '.$.862,910' ; J. Sales. D. 1940 < from of $170,595 46,061 and was 1866. p. $1,600,990 Net Lehigh & New England RR.- -Earnings— October— 156, .1942 from Gross Gross 1,272 93,554 57,840 income oper. "Revised.-—V. "$16,700 Routh John Robert $229,225 income railway—** railway——, from Net $255,889 E. succeed . 117,119 from Net 655,802 railway!.— From Jan. 1— Gross $552,443 674,192 Louisiana & Arkansas Net •1941 30 cents Changes in Personnel— $266,167 railway— railway oper. $1,537,102 65,334 ry. oper. income— From Jan. 1— October— from $48,633 debt* ——*' of 25 127 66,565 October— Gross Gross wei;e June on extra 1,014 $322,454 debt Net Lehigh & Hudson River Ry.—Earnings- Net unfunded income "Deficit.—V, on 1776. p. 97 878 43. An * White, President, stated that the 156, $551,303 with 25 cents and net reflecting 12 312 ' funded on on Net- pay¬ company should show very earnings for 1942 despite unusually heavy write-offs, war-time operations, and the heavier charges for Federal favorable $1,536,126 l '. cents stock, par compares 1941, 22, of 1941. Robert V. . 5 Miscellaneous ■ declared outstanding 40 $48,578 of 25 cents per share has been declared on the common stock, payable Dec. 24 to holders of record Dec. 7. Like amounts 'disbursed 852,935 ' Esse Co.—40-Cent 25 $1,404,238 1,230,802 1014. p. & $2,766,929 88,561 $322,137 Gross* income Lehigh .$137,139' •share each quarter from Mar. A Pay¬ 25 $394,648 — on 4. since. . rev,. Taxes : 24,051' ' $85,708 31,135 " 19,443 -• 1939 $86,547 ' 1*7,503 • 6,0461 ' 993.153 ' v 1,337,260 525,259 307,814 "* 1691. • 655,358 "" ■713,073 278.476 27,535 '72,891 145,148 "67,569 "29,370 Volume 156 THE COMMERCIAL & FINANCIAL CHRONICLE Number 4131 Monsanto Chemical Co.—New Directors— Minneapolis, St. Paul & Sault Ste. Marie Ry.—Earns. revenues /'Total expenses Net Federal 1,530,398 income $1,221,613 1,314,963 rents.— Brl2,278 Drl3,336 Brl50,350 Drl31,630 income. $1,067,768 $542,291 $3,262,582 $2,689,676 10,461 fixed and equipment rand • $556,102 .• • . 1 with 75 $2,785,365 * 1,200 1,200 4,523 cents share has been per 28 to paid on Sept. 29, 1942. and Nov. holders of record Dec. 4,541 49,895 45,229 Provision for selling Profit Other Cr$551;440Cr$3,3Ql,695Cr$2,738,936 chgs.__Cr$l,073,586 156, •t 45,465 'Net ,, 454,766 r 156, p. 1777, - 793,338 expense.. prof, tax exc. 2,885,000 share common following $0.52 j.. taxes in included are 1940 1939 $122,954 $121,754 Net Net 7,448 7,723 8,856 1,384,990 275,106 1,132,367 227,458 61,020 ;■ 987,342 900,357 204,513 183,509 62,743 65,066 $164,764 railway—.... from 4,320 income... oper. ry. ,. ■' 1 26,997 "In From Jan 1— from Gross Net Net from — 41,065 income... oper. ry, —V, railway.... railway—— 1691. 156, p. ; . ■. -.7 V arriving at taxable income certain depreciation Missouri Electric Service Gas & Total $164,007 $165,127 $665,411 127,554 120,244 6,514 518,626 485,840 Operating expenses.— income taxes. 7,500 Net Int. operating $38,369 $118,796 13,462 53,090 483 interest General .... income with the $15,311 .... Note—1942 Federal Revenue income of Act $61,842 $24,424 taxes 156, p. 1153. Net ry, of 1939 1940 $215,930 $214,921 98,525 27,018 2,728,862 2,210,005 1,836,546 1,870,763 1,425,919 544,795 1,061,072 517,748 808,462 880,448 income.— railway.... railway— Net from Net income.— 1610. v oper. ry, —V. , , 156, p. , 1942 63,840 Net ry. Sept. Dec. on of cents 25 value, common distribution and 1 Dec. was share has been per made 1942, 18, June on 1941, 29, Nathaniel Sommerfield, will share made be a 15 declared holders to Sept. 30, last, on 25 cents each on from ry. 739,426 Miscellaneous 296,841 Adjustments of liabilities —V. 45,303/94 13,853,563 7,970,346 income... 1610. 7,634,615 3,722,717 Interest 156, p. 23,669,442 23,098,927 5,180,316 1,392,927 28,716,002 discount and Total 5.000,413 Nov. Net ry. incomes— oper. • 1939 $8,601,795 - 2,538,041 ^2,354,163 1,571,346 1,407,969 71,437,699 68,536,290 15,624,165 income ' on Government Net ry. railway—;: from Net —V. income... oper. 156, p. 1867. 91,881,844 61,638,819 * 29,451,824 41,298,902 1 19,573,998 143,799,935 railway from \ • ^ • " in — of Operating < Other State & this 39,098 Cash inc. & I 1 ■ * \ -Gross ' . - ' "" '• • reserve ' '. reserve ctfs. Furniture accruals- $216,558 $264,368 ; 68,491 Amortization of-debt/discount and expenses■ charges__-...__._v-i-- 3,486 -income $114,591 $210,206 123,571 : f--. —i— indebtedness of due for /f. Total The taxes applicable to the nine months computed on~ the basis of separate cor¬ porate returns, although it is contemplated that the corporation will join with its parent and domestic affiliates in the filing of returns for the year 1942, which may result in a sub¬ to the corporation.—V.'156, p. October— railway..._ Net from railway from Net ry. 867. from Net ry, $310,057 405,311 162,566 Loss 1939 $503,172 324,283 Net 612,600 shares of no par.—V. and 155, Dividend v Corp.—Earnings— sale at profit their 1942 ^.7- . 1, ■ 65,402 '' ■ SQ7 924' (at 45% ! 1942 For corporate loss from purposes sale of 118,332 80,584 of securities held and securities is computed on the basis of cost; oa this basis the unrealized appreciation is $118,provision is necessary for excess profits taxes. No 75,989 Balance Sheet, S. defense Investments Sept. 30, 1912 railway...,_ from railway.—— 2,012,207 1,923,417 1,608,853 882,994 811,327 648,031 income.._ 1610. 695,604 720,199 786,919 687,906 oper. p. from - - 25 cents Dec, 24 1, per 749*336 — 7 25,000 -+■' 4,098 5,87oi334 '■ 9,013 — — 156, .. of for ; stock ($5 par)^ surplus stock (2,000 shs.) Capital $3,535 — taxes- ; surplus since^Jan. 1, at cost Total —V. p. ' ; p. $7,033,858 1955. the at week 103 and interest. Payment will be made at trustee, Providence, R. I.—V. the 156, Rhode p. and $30 22 declared Dec. the on 14. 27, ••• • common dis~. similar A Oct. last, which, Aug. 15, 1941., 31, on 156, p. 1418. *'',,. 7';' 1940 1939 $58,994 16,414 28,369 $64,849 33,277 24,533 ' ■ 7,v'' 5797 77-:7-'''v 7" 592,869 289,969 139,796 Nov. 1, share.—, 7 ■ and 17,077 537,962 255,929 612,613 336,983 583,209 ' 7 261,386 7 148,052 ; ended Dec. on per 1941 22,976 7. 167,651 218,548 ' 7 ' , Association—Output— this Association reports output electlc This is a decrease of 227,117 kwh., or 1.87% :7;.. v'77.?%7 7-7 Sept. 30— revenue.— oper. — Total earnings gross , below ' Association (& Subs.)—Earnings J942—9 Mos.—1941 $51,523,305 $46,581,682 623,042 ,1,329,836 7 1942—12 Mos.^-1941 $68,501,603. $61,922,556, 1,000,059 1,714,680 State taxes on debt 4,648,826 4,580,474 discts expense. subsidiaries 1055. 'island 517,497 89,095 122,258 390,470 71,639 93,180 387.913 59,554 79,793 Other chgs. againr.t inc. Pfd. divs. (full accruals) of 13,127,814 $16,611,481, 6,118,122 6,205,361 $12,172,904 $11,886,669 $16,307,138 . interest Other balance. 9,956,775 10,877,353 funded debt expenses 3,717,296 5,407,717 , munic. ——— of & 6,183,969 7 24,772,929 3,898,579 14,290,563 2,795,504: 4,169,450 2,836,548 4,488,986 _—— & ^ % Amort, , 28,821,413 1 9.103,12 1 21,770,556 — "Depreciation tFed. $52,146,348 $47,911,518 $69,501,662 $63,637,236 — Maintenance , . 85,145 138,709, / 3,187,536 3,188,051 4,250,094 of subs.— 571,738 789,420 743.376 balance.— $3,305,897 $2,705,084 $4,466,696 . 519,662 ,250,897 Minority interest in net Pfd. divs. of New Eng. $4,366,033 w 1,988,774 period ing ,045,675. : 1,988,774 2,651,698 2,983,153 $1,317,123 $716,310 $1,814,998 $1,382,880 decl. dur- Pwr. Assoc. Consolidated balance. , has interim period and subject to year-end herein "Tentative for been for made estimated determination, Federal taxes on applicable to the 1942 periods, computed in accordance with the recently enacted Revenue Act of 1942. Provision for Federal income tax for the 1941 periods was accrued jat a 30% rate up to income months of 1941 to' Act of 1941 (approximately profits tax aggregating $343,806 applying to the full year 1941 was'made during the last three montbsof that year. $After deducting amortization of premiums.—V. 156» 1, actual has Hospital Trust Co., " • —32,572 7' 7-'V %77;7" 1955. Sept. called for redemption as of Jan. 1, 1943, a total of $325,000 of first mortgage 3 V2 'h bonds, series A, due July 1, 1966, company to ' $57,646 1942 $61,291 income„— 12 Mos. End. 496^473 Narragansett Electric Co.—Bonds Called— The last, 15, Ry.—Earnings—' !'-f' ' 11,906,251 kwh. Gross 21,783 77 1938 been record June Drl3,675 ______ 156, 14, each $1.50 • of accumu¬ payable Dec. 19 were made value, of production of 12,133,368 kwh. for the corresponding week a year ago. Gas output for the Nov. 27 week is reported at 126,305,000 cu. ft., an. increase of 12,123,000 cu. ft., or 10.62% above production of 114,182,000 cu. ft. in the corresponding week a year ago.—V. 156, 2,386|373 4! 139',369 :— — share has of account on par Co,—25-Cent Dividend— New England Gas & Electric Consolidated — 516. p. amounted 1610. p. $7,033,858 —— no and Sept. 15 1942, March from income Total declared stock, holders to on railway—— railway Interest $376,078 — 156, Distributions 10, June Oct. on made oper. the of shares 8,000 payments were made during the latter year —V. ; /. savings bonds—Series "G"—at cost Prepaid and deferi-ed charges 93,300 2,283,979 952,179 of Consolidated 97,344 94,857 h 156, other tDeduction 111,147 2. Dec. :V; Operating costs $496,473 cost such.—V. as prior preferred March on payable were of $555,877 ' the sale on 1691,' p. Co. has Co.—Accumulated Dividend— 10,704 iYom Jan. t ry. - 38^527 1942.—J._—I—507,184 S. Earned 119,650 deductible record issue Paper $140,176 $4 per share has been $6 of Ontario recent treated as the com¬ exchanged for it claims of & Ontario Paper Co. has not been givenprovision for income and excess profits taxes been determined that this loss may be treated yet loss the on dividend For $163,326 IIZI7'-' banks, and on hand Treasury bills—at cost--:.- 1939 oper. income— 1— of railway Net from railway—7 Net ry. oper. income— 1,063 : ratei___—'; (net) tax and surtax in Paid-in ry. not ordinary Arrearages Gross : . Assets— Cash 924,883 t ; has to give effect to as wherein whereby- the Minnesota October—'. $162,262 ; securities of Sept. 30, or (2) 1,233,784 ; of & 1941. latter. loss Nevada Northern ' • —$48,693 average 531.' 1,668,487 $216,890 the of calculating -':,:'7;v-77:V Sept. 30, -ic Notes— (1) the 1,238,136 $201,112 Minnesota in with 75 cents on Dec. 1, 1941, and 25 cents paid-il—i—59,404 Balance income— from it Treasury transaction in stock in ry. v~—/. Reserve $251,176 ass the item from r- Total 1,933,292 $257,747 to as Other income 2,512,549 railway— from railway..—— so stock Net 54. p. interest surplus, Jan. 3.061,596 RR— Earnings- for income and excess profits taxes h&s give effect to the provisions of the newly- provision Federal the The —V. Aviation income railway—— 1940 purch. —^ The against Net Liabilities— 1941 ' ______ 8,000 stock New England Power Accruals 1610. of $987,770 . from 205,367 1942 _ was No $2,509,854 Est. Fed. normal income 3,269,475 from $23,113 1,522,084 Treasury ass t $27,348 $22,564 Gross Expenses 41,942 Ictober—- 47,574 40,506 ex¬ compares z206 income 4.198,701 Montour Drl51 $5,319 National Rubber Machinery —87^ ^ contingencies discount 248,454 oper. 7,825 $201,830 tributlon $503,290 Earnings for the 9 Months Ended .Cash dividend income \ Bond 4,886,783 1—^ railway.-— 156, p. —V. 1940 $645,800 3,036 $436,941 $26,726 stock, • 1942_„„2,005,479 Receivables 1941 . $5,471 $8,954 1941. A stock National 108,871 from Net 1942 $571,919 327,074 $194,005 Crl4,907 this on •' / "Outstanding 5,871,092 3,454,367 income.._ oper. From Jan. Gross 1, - U. Monongahela Ry.—EarningsGross 96,035 $433,904 Cr225 holders ; J receivables U. saving 101,382 $161,549 V,' 156, 1943 31, . Earned consolidated tax Oct. —^ Nov. and- - fixtures^.— - stantial $295,387 91,398 $150,917 FromJan.l—\ 2,546 $84,089 by the several Federal Revenue 1942 Act) it is estimated that the Federal and State taxes applicable to the earnings for the 12 months ended Sept. 30, 1942 and 1941 are1 $211,000 and $63,000, respectively. These estimates do not agree with the taxes contained in the above statement due principally to periodic adjustments partly applicable to prior periods. ended Sept. 30, -1942,-are $101,503 $525,303 , 1,722 O. dividend of A to 1,239 "Oh the basife of the rates imposed Acts (including the recently enacted ' 945,943 $105,523 an among ■:-'77.f at as 54,162 ; $187,807 Interest1' on /bonds_.___-...t--ii4w^-:i_:.w'VA^-ii Net Sheet Balance'. Other-income • 1,203,635 $28,774 lations $2,509,854 Total $238,982 1940 $1,047,449 1,265,203 $179,881 National Refining 47,810 51,176 accruals—— 1941 $1,499,022 438,989 i— effect S65.338 for which purpose, Total ~\ •* income .Gross $210,873 28,110 retire, res., accruals.. Income bef.;retire, Retirement 44,475 '• (net)......— income Other Balance 60,293 profits.taxes..... *227,399 excess 17, 140.176 capital $6,558 for contingencies reserve banks— in S. U. 30,149 73,449 r cents; 50 and Dec. $149,195 of & . 155,964 . '■ Utility oper. inc. bef. : 757,483 200,378 ' 20, 1942 debt & notes adjusted (2) ; 1941 1,115,371 — tfl-XCs v, $1,264,922 — _ Maintenance "Fed. 1942 purchased Jan. 140,176 capital 4,011 J "Common —$1,866,568 revenues; Operation—gas ,• 30, —9 Months— "v Department 56,559 expenses Liabilities— Ended Sept. 30— 10. Sept. cents each, 1942, and so $4,768 — ——i-,.—• Consolidated Reserve Months Dec. and deprec. charges. pany $2 per December notes——— 'Assets— ;?r Mobile Gas Service Corp.- -Earnings— 12 35 on record 30 $1,790,506 „ taxes— sale M. non-taxable 58,779 Miscellaneous From Jan. 1— Gross 30, declared been of June follows: as 1942 _______ prolit been "It Is antici¬ stated: 21 1941.——. at Dec. 31, income 'over of . 5,383,471 ; 31, enacted Federal Revenue Act of 14,192,413 7,178,495 2,350,004 5,466,665 t were has holders 13,242 10 Months Ended Oct. 31, 1912 for this reserve was created in 1941;/ others, 1940 $8,684,676 1941 1942 •: railway—— $19,436,941 $11,100,692 9,777,028 3,601,714 Net from railway-!—— to March 178,000 Notes—(1) 156, p. 1506. Expenses "Excess from common compares 1940, and an tLoss. on 1941, 28, June cents on and 1942, 31, 1,161,321 ^Missouri Pacific RR.—Earnings— October— (net.)— retirement "Incl. Dec. income——__i___———— "Charged to the Gross This 26, 3,967 on Net as 755,040 railway.... oper. share per 16 on 30 and Sept. sales income on since 302,705 railway— from Net Net the on 23. Cr22,000 shares From Jan. 1— Gross cents 1941 opers._ profits Gain 5. A against a year-end as stockholders common Income Statement Consolidated $2,684,973 459,874 declared Dec. general funded on for Loss 156, last.. $2,641,342 1,331,179 as- the common on record of March on year-end of 62 Va President, the to 1939 2,184,723 been record ' Liquidating Co.—May Pay $2 Liquidating Div. 1940 income... Similar 1056. p. on income cess quarterly of $1.50.—V. pated that a further liquidating distribution in the amount of 524,324 400,572 $3,481,349 987,872 during on income Prov. Dividend— Corp.—25-Cent payable Dec. 1941 ■ common 11. 30,686 profit Interest the 26, 22, of Dec. made were 25 cents; June 156, 25 payable sales——_____ Total dependent, however, on circumstances at that time." An initial liquidating distribution of $18 per share was made on Dec, 15, $6,183,003 oper. and 26 and of dividend profit admin. & Net year, railway—;.— from Net June extra, holders expense for par Nabco • railway—— from Gross 28, $1 share has per to action Missouri-Kansas-Texas RR.—Earnings— October- • March 27, Oct. and 25 cents each on Jan. 2 and Apr, 2, 1941.—V. * from Gross declared has been the on Dec. $618,870 of Other 103,792 7,450 97,925 26,425 ' From Jan 1— no $1.50 Oct. $233,914 174,534 railway oper. follows; as each; dividend A :1' 1 similar 1941 1942 share per record Dec. 20, last year, and on Dec. Dec. 22, 1939.—V. 156, p. 1418. sales Sell., 1055, 867. accordance I $329,769 railway.... from from cents Nachman-Springfilled RR.—Earnings October— Gross Net 50 30 stock, 'Gross ■ amount the over were cents stock, Missouri Illinois of 31, "Cost 1506. p. declared of on $85,659 been computed in have 1942.—V, 156, been holders issue This would; 80%. to $170,000 has to Quarter allowed for tax bill is reported 1941 p. Net reduced tax cents on on Payments Net payable Dec. 23 to holders of record Dec. 15. Like amounts paid on March 27, June 26 and Sept. 25, last. Payments during 75 1,877 3,864 the were 54,197 501 be of approximately statement.—V. above dividend A stock, $141,733 13,141 will tax when has not 15 this National Pole & Treating Co.—Earnings- (F. E.) Myers & Bro. Co.—50-Cent Dividend— 20,131 27,988 ' $28,953 income debt. long-term on overall profit that and * $647,705 Federal the in shown the applied against the been made for been allowance books share per on Period End. Sept. 30— $207,207 $184,007 has after the on the possibility further a 1942, 1942—12 Mos.—1941 1942—3 Mos.—1941 revenues. oper, Co. -Earnings— in 30, carried is conference result Period End. Sept. 30— Sept. (There purposes. of to 25 distributions cents.—V. $114,654 38.238 54,314 estimated amount for Federal normal, surtax and an profits tax an overall tax of 85% excess out • ' 1,821,049 1941 insurance taxes—$57,236 old age benefit tax.. 35,891 estate, property and franchise taxes 90,880 Real 2,879,035 1,481,734 cents made Dec. year-end last. 50 Federal 42,433 29,117 , 30 paid common March above: Unemployment 1941 $128,577 32,599 1942 railway— from cents Similar results operating the 2,546,563 2,773,806 National Oil Products Co.- -25-Cent DividendA $691,813 $0.99 $436,318 payable 40 the .—.I 4,630,529 4,474,592 payable Jan. initial of 25 cents 109,281 1,094,500 ....... per with $17895,594 103,583 normal, surtax and profit shown Missouri & Arkansas! Ry.—EarningsOctober— of were dividend of stock, 64,254 $3,424,901 1942 Gross dividend A $1,831,341. $3,363,024 „I .... 8,089,769 National Gypsum Co.—25-Cent Common Dividend— 10,411,475 378,846 971,425 404,418 61,876 Note—The ' ; administrative 324,962 12,394,964 July 15 and Oct. 15, last, compared with 40 cents previously each quarter.—V. 156, p. 1610. 1941 10,551,536 — _ before other income and other expense Earnings paid, as reflected accrued and not include interest being and income "Est. prov. for (in excess corporate books.—V. depreciation 204,546 12,645,739 National Biscuit Co.—30-Cent Common Dividend— $15,112,316 $13,593,086 discts. 268,249 16,071,714 1691. distributions 1942 trade & 435,785 income— oper. 156, p. A Corp.—Earnings— allow. 356,591 compares 1331. p. expense . . , ry. —V. common railway railway from last; and 50 cents each on Mar. 30 during 1941 were as follows: June 16, $1.50.—V. income Other .. This 10. $1,381,677 442,706 34,140,521 from Net the 1939 $1,488,175 1.421,572 840,155 ry. oper, income— From Jan. 1— , on 1940 ' Net declared 1941 $1,852,589 Net 30, Payments 26, less returns, sales, Shipping, , deprec.)—,; not tDoes on 40 9 Mos. End. Sept. 30— Gross , 120 projects: normal of of department 1610. p. Cost of sales before provision for depreciation amortization •Equipment 156, Mullins Manufacturing 120 -■ ' defense of —V. Dec. cents June cents; Total "Includes Research railway Net from railway stock, par $10, accrued fxd. of payable 25 and . $3,352,790 *' paid aft. Net >t;' • stock, road leased for Rent '•.. ,<c'. . Interest being division. Texas dividend A 95,690 90,208 13,811 ——: $1,078,229 charges tFixed charges: Central -Earnings- 1942 $3,354,935 from Gross Drl53,764 avail, -for Inc. compamy 1,21(1603 Cr63,314 income—net.— Other the October— Bezanson, Gross Mueller Brass Co.—40-Cent Dividend— 155,841 Drl5,616 oper. of Nashville Chattanooga & St. Louis Ry. Ozborne the and Mr. Bezanson is Vice-President and General Manager of Monsanto's taxes- 157" 158 ry. director is and $4,185,672 Crl5,591 facility Net Thomas Dr. 12,402,671 $4,664,581 __ of Joint ' 14,268,319 $727,085 equipment..— Other taxes Hire 1,479,268 — revenues..— ry. 1942—10 Mos,—1941 $2,206,352 $18,932,900 $16,588,343 $2,752,011 ___ Charles Allen Thomas, Dayton, Ohio, Woburn, Mass., have been elected directors. Dr. Ry.) 1942—Month—1941 Period End. Oct. 31— Total Central Wisconsin (Excluding 2041 1941, rates as and was included adjusted in in p. 1868. subsequent Revenue the 31%), and provision for Federal excess • - - jjr TH£ COMMERCIAL 2042 Gross oper. Other income New York Auction Co.—To Power Co-Earnings- New England lev The 1942—9 Mos.—1941 1942—12 Mos.—1941 $12,655,487 $10,615,686 $16,561,665 $14,091,927 400 5,352 4,323 8,973 period End. Sept. 30— ._ —_ — & FINANCIAL CHRONICLE directors capital stock, declared have payable Dec, to 15 of holders 25 of — 8,174,158 7,013,247 10,930,944 —— 249,055 253,590 353,253 480,000 640,000 640,000 1,785,795 1,173,934 2,132,123 only this payment Payments year. during $1,700,267 $2,509,663 237,217 313,572 31,443 31,721 41,942 42,325 12,167 22,790 16,810 29,660 6,498 (net) 7,223 6,498 7,223 $1,401,316 $2,130,842 $2,096,502 360,630 480,840 eliminates 480,840 Other interest charges V. " $1,681,882 declared-—— Net 360,630 , enacted $1,321,252 of in rate 30% a taxes on accordance for Provision 1942. at was Federal Sept. to up 1, and 1941, cents Dec. 5. and last Dec, *20, paid.—V. was the year-end a in jn year, dividend 12 Mos. End. Total ' "Operating expenses .Maintenance of plant prop,, Operating income debt 54,371 | $1,640,229 $1,911,638 bonds)— 638,812 18.349 45,420 , interest- on income deductions 1,381 — 216 ■ $939,169 $1,180,257 198.360 — 198,360 2,500,841 3,623,713 3,080,779 railway—1,584,263 1,286,141 951,887 838,174 628,354 372,031 "200,749 income—•_ r 156, p. 777,937 1868. Pennsylvania Co. <for Insurances trustee, 15th and Chestnut Lives on Sts., • and y ., • Granting Philadelphia, Annui-1 will Pa., until 111., has invited 1947, to offer holders of its such notes to the ^ due notes 7,791,781 that will in the aggregate consume approximately Purchases of notes made under this proposal will, ot course, yi. income/—y—l:y.y Operating income b i Other prices!' at acceptable company $9,721,980 1942—12 Mos.—1941 > $9,649,404 $13,343,037 $12,856,802 7,705,342 . 10,569,140 10,278,791 ' S'/t. convertible • 1 1942—9 Mos.—1941 revenues-—_ revenue, deducts. "Oper. Dock Co.—Seeks Tenders— (& Subs.)— ''-f..-■■'.'a , Period End, Sept. 30— Operating offered prices. has reserved right to reject any or all offers in whole notes issued were Apr. on 1, or in part. $l,944,062 v$2,773,896' $1,930,200 Drm. yDr945 . $2,578,Oil notice of acceptance Dr4,418 • Dr621 their "Provision rfor - income and profits ekcess taxable of 10% Operating tax of e.xc. from: Net Looinis Palmer, the to estimated a poiit-war the following '« include ■ ; i , 1942—12 Mos.—1941. $542,716 $458,201 768,857: „_'y„y $535,291 768,857 . . ry. RR.—Earnings— 1942 ; railway__l_ From Jan. 1~— 1955. p. $455,444 127,057 136.509 87,454 : 58,870 66,273 73,551 4.648,799 3,784,854 3,872,534 2,290,473 1,227,190 695,410 1,078,810 670,975 175,407 , income-— oper. 156, ■ , $442,916 123,085 - 6,574,614 .«• ry. V. — 1939 $546,620 249.375; from .railway from railway.^— Net • the New Haven road on New Haven for authority to 1940 1941 $720,486 railway— oper; income.;.: ; Gross Sawyer, of and effect giving 1942—9 Mos.—1941 from Net y Interest— Seeks Authority to Pay $11,200,000 Trustees of "for the the -esti- of on- 40') '90% on ' ' Net ; •'% $405,814:-, Norfolk Southern Gross ... y : prof..^ taxes— October—'1 Samuel P. Belsinger, Harry I. Weil and Chetwood share, plus $1 service charge., without , 156, p. 785. Stanley L. income - based y Champion, John G. Annala, Smith as a protective committee for holders of common stock to solicit contributions from , holders of common stock who have not previously authorized the cm- . mittee to represent them. <' ■y'; :•%;yyy-y yv: The Committee are authorized to solicit contributions of 3 cents a authorized has ICC 1,404,953 $1,172,437 profits " taxes excess and excess profits taxes: deductions shown above taxes__y Fed. The 1.378,553 such Period End. Sept. 30— income and income net * —V. ' / surtax revenue provision-:- Federal York, New Haven & Hartford RR.—Committee to .> $2,577,390, $1,390,925 $886,327 Sept.- 30,' 1942,'-- was normal credit accepted Federal months: ended mated V y 1,056,790, ' $896,901 nine, - , New $2,769,479 $1,943,117 1,032,471 - Net; income .1—: rejection of such offers/will be mailed on, or deductions— Income 1942. 21, before Dec. $1,929,372 , V time I__ income . • .• since.that and Gross purchases additional make 1938, :' y.\ .- the 814,129 303,181 t ' ■ 1 petitioned the Federal Court at Norfolk & Western Ry.—Earnings— approximately $11,200,000 in interest. This will make the total payments for the year $25,096,300. on .underlying and first Period Ended Oct: 311942- -Month 1941 1941 1942—10 Mos. and refunding mortgage bonds. '. y y $ $ $ The coupons to be paid are: Central New England Ry., two coupons 745 165 100,104,271 Railway oper. revenues 13,188 11,810,556 115,366 clue July 1, 1942, and Jan. 1, 1943; New England RR., two coupons on' Maint. of way & struct. 1,214 ,405 1,329,630 11,724 122 10,028,272 each issue due July 1, 1942, and Jan. 1, 1943; Harlem River &. PortMaint. of equipments 2,473, 419.., 2,056,168 19,225,247' 23,603 031 ehester coupon due Nov. 1, 1942; Housatonic RR. interest due Nov.-. 154, 593 * ■-Traffic;; y_^—_y ______; 180,621 -1,563 307 1,524,096. 1 1942; Danbury <fe Norwalk coupon due Dec. 1, 1942; New Haven & y Transportation rail line 2,625, 096. 2,575,889-24,029 237, 20,237,449; Northampton coupon due Dec. 1, 1942; and two coupons on the first: Miscell, operations 58, 499 " 29,567 402, 528 216,004 and refunding mortgage bonds outstanding, including bonds pledged Dec. Crl,238 —_Cr2,956 — —— — 54 —.—c—_• construction— to income 51,603 2,648,351 100,242 ', Niagara, Lockport ,& Ontario. Power Co. y 1,121,054 notes arc to be made not , later, ..than Dec., 29, 1942, against payment of the. purchase price with accrued interest to that date.—V. 156, p. 1691, ",.'.Vi y. y's,y 45,420 —— ^$270,978 amount These 639,150 47,833 and expense-— — — (mortgage discount debt charged Miscellaneous Net $1,835,806 53,209 22,623 companies——u charges of Taxes assumed Interest $1,586,285 494,017 J9r427 long-term Amortization 463,514 — — — interest Other 460,444 485,150 512,167 income Gross income Interest on 476,370 -1939 • "46,446 • Earnings— J.,421,535 , 1611. p. Solicit Deposits— —__—_ — ———— associated from Dividends Miscellaneous & — taxes_ taxes- other for 1,437,783 1,116,978 company 298,974 — equipment '''_—!—.i— (Provision for Federal income fProvision $4,915,297 1,362,543 ______ (deprec.) retire, for Prov. $5,270,332 1,888,768 ___________ ——. ——u— 1941 ; 1942 ,> _____ 2,790,454 2,641,018 ••' • 101,535 70,983 railway:—■ from, 2,108,018 Deliveries of 321,593 ——— 2,117,950 the lowest and Sept. 30— operating revenues 3,779,592 138,082 price range on the New York Stock Exchange has - fluctua-ted between • 45Va and 83.'. yyv., , ..y.y /%_/, •/ Offers of sale will be received by the company .until Dec. 17/1942, 1016. Light Co.—Earnings— • Dec. 15, receive bids for the sale |o it of first mortgage 5 [r fund bonds due Jan. 1, 1945, to an amount sufficient to exhaust ^20,000 (available in the sinking fund) gt prices not to exceed 100 and interest,—V. 155, p. 2460, ; ' 148,662 2,428,938 112,397 • railway—_ at or New Jersey Power & 1, an of dividend of 75 cents 1Q40 $287,894 ' ■'110,937 39,114 ' sinking 152,683 131,798 company and to 50 cents per to holders of record year-end extra a 155, p, p. 161,415 125,700 $200,000. dividend of 21 182,325 > Nice Ball Bearing- Co.—Tenders Asked— , 147,791 $259,108 income—I The regular quarterly extra both payable Dec. stock, common On . share per declared Nov. .17 on share per from ry.. oper. —V. 3. p. 1939 1940 railway-——1,241,959 income : 1,514,020 156, Apr. was Inc.—Year-End Extra Dividend— The directors -1941 $414,903 >.1 $308,166 • . income— oper. Net last. ties, 1941 $255,299 _. oper. t The . for tax income --railway-i.—— Net payment of Dec. 31, on Connecting RR.- -Earnings- New York be 15 which retirement of railway—— from ry. recently the subsequent months of 1941 to actual rates as included the Revenue Act of 1941 (approximately 31%).—V. 156, p. 1056. share on the ry. Gross $227,218 oper. Net income applicable with adjusted in New Idea,, the railway from Gross $1,615,662 $1,650,002 $1,040,686 Federal computed are Act periods estimated for made periods Revenue 1941 the Net . $248,131 from ry. —V. surplus Susquehanna & Western RR.—Earnings— railway::—V From Jan. 1— Balance for com. divs. 1942 1242. p. $600,000 on This pay¬ were incurred about a year ago in $16,000,000 of 4% bonds, due 1946.— 1 : '."%/ $2,400,000 1942 from Gross Net the loans final quarterly a to 156, p. 1955. Net —' "Deduction 156, from The against income to the New York expense Other and made 19 amounted October— ■ Balance which connection with and exps. premiums loans ment debt of discount, from Net follows as 316,680 funded debt— Amortization Company on Nov. bunk $2,492,390 234,890 Balance divs. 1941. were,- New York Chicago & St. Louis RR.—Pays Bank Loan 1,563,047 $1,966,879 nicipal taxes Pfd. Gross - From Jan. 1— 339,663 480,000 : "Federal, State and Mu¬ Depreciation on /This Is Dec;; 4. .October—1942 /'6- . ' the 9,065,799 Operating costs Interest .share 011 the- per earnings- $12,655,887 $10,621,038 $16,565,988 $14,100,900 gross, Maintenance cents record . Sept. 15, 15 cents, and Dec. 22, 25 cents.—V. Total New York Pay 25-Cent Dividend—*• dividend a Monday, December 7, 1942 pay interest , ' Dividends "After stock—.: preferred on —— $33,693.88 for the current period and $421,523.23 for the previous period representing the excess of interchange power delivered over interchange power received and power and gas purchased deducting —principally with an associated company. .-(Provision for Federal income tax includes $56,080 in the 1941 period representing provision for prior years' for Provision for Federal income tax. based upon an anticipated 1942, previously recorded. not tax the period from Jan.,1, 1942, .tax .rate of 40',0. •> y '■ is y-y': '.y',;y.y', ■ Note—The Federal consider does not company New t Stock it has any liability for 1940, statement.—V..156, p. 434. that The Redeem stock preferred the ?:'<■ Preferred $ Freight at 115 and company's office at Garfield, dividends. N. J.—V. 1, 1943, all of the will Payment be O 151, p. 2199. Express revenues payable Dec. 19 to holders of record Dec. 1. $1 per share, previously declared, payable on 10, next, and 50 cents paid on Sept. 10, last, $1 on June 10, 1942. 50 cents on Mar. 10, 1942. Payments during 1941 were as This stock, Dec, and follows: Mar. with 10, $1.50.—V. 10, $25, par compares 187.828 1,883,847 .1,866,862 "5j900,035v" revenues '672,893 14,649,160 464,911 cents; June 50 156, 10 and Union Southern Gas and Dec. below.—V. ,156, Co. p. 1506, of equipment- 1,905,243 :' Net from Net ry. railway from Net ry. 137,990 137,066 .73,866 66,213 9,513,457 4,519,812 2,698,049 2,560,274 2,282,054 985,282 962,611 418,228 392,291 156, 1611. p. Orleans Texas & Mexico New 1942 October— from Net from Net ry. Ry.— -Earnings1940 1941 1939 $187,202 $306,784 $176,799 285,127 119,791 41,333 40,292 145,372 117,264 48,818 51,944 $628,804 railway—_ railway income—. oper. / 1,131,840 below but ations from Gross Net ry. —V, 5,270,792 railway-—- 1,949,071 892,251 2,592,394 of 156, p. > Period End. Oct. 31— Leased from of 1942—10 Mos.—1941 equipment- Traffic — — Transportation—Rail- Net 5,310.452 55,612,081 tax 9,312,395 89,941,467 Gross 561,547 603,051 5,865,683 16,156,838 162,222,389 Other 16,731,381 Total Misc. deducts, 1,490,812 1,654,175 8,246,349 156,183,327 101,827,109 3,184,758 70,444,251 39,321,793 1,299,578 15,207,326 12,596,361 3,762,013 1,575.851 70,531,750 14,071.487 49,908,955 inc. income-— 36,704 "6,804 "49,393 5,337,864 84,603,237 65,166,689 2,370,846 126,427 5,784,600 Total 6,320,009 >:• 156, 655,222 164,637 "125,297 "636,103 :y and 5,211,437 78,818,637 63,842,593 4,020,931 4,056,685 39,915,251 40,863,498 $--'-- 10,738,964 (48,644.609 8,010,938 9,306,785 33,852,482 573,174 -and 1940 38,543,579 238,158 1941 in tax and have Br43,134 1,000,671 9,263,651 34,853,153 1,618,387 7,645,264 29,919,882 8,426,000 25,278,000 33,938,729 33,704,000 826,370 and year 144,023,602" 44,189,843 7,145,870 — — major 1780,736 4,641,882 234,729 other been which booked. , 38,781,737 4,933,271 i, 4.843,003 243,110 230,507 chgs. and profits taxes 6,774,341 1,154,752 38,903,386 22,979,095 distributed (Federal to taxes encountered appropriate months periods ended Sept. adjustments the for excess ~-V. 156, p. 1942 Revenue Act, approved Oct. 21, 1942, increases these taxes by approximately $1,017,000 for the three months ended Sept. 30, 1942. by approximately $3,213,000 lor nine months of 1942. -..These The and "Includes Fed. inc. 4,818,100 1777. 111,300 36,428,221 8,878,132 incr-^-ps.take credit for p. 1955. . $1,091,805 $1,152.047 513,175 : v . been 1942 made for periods, adjusted in $638,872 1942. of a 30% months-of 1941 up 1941 to income on for Federal rate * $038,736 taxes accordance with Provision at $822,303 Federal in - 684,234 \ >'"'/ estimated subsequent Revenue Act $1,622.970 684,234 . computed accrued was $1,506,537: 513,175 - 323.573 the income to Sept. actual 1, re¬ tax/ 1941, ; for Federal excess profits '-rates as; . tax Northern and preferred $8.93% record ' Indiana Public tiThe ,company, on Dec. of per share 28. Nov. 4 This on Service Co.—Pays Accruals, paid-a dividend of stock,. $9.75 the -share per on $11.37Va-per 6% the 5yzt/preferred stock, wipes out all accumulations on share preferred all to the onJ stock, holders three of issues preferred stock. Previously distributions of $1.75 per share on the, 7% issue, $1.50 on the 6%-issue, and $1.37 »/2 011 the 5%% issue were made each-quarter 011 account of accumulations.—V: 156, p. 1778. ,' ,) * Northern Pacific October- Gross from Net from Net. ry. Net —V". 1942 income., oper. from lr-1. railway— rv! oper. income p. " " ■ 1941, ■ $8,946,695 6,095,167 * 1940 , - > $6,846/100' 1939 $6,842,594 2,901,780 2,098,003 3,817,416.... 2,108,422 1,770,001 1,985,629 95,650,986 69,562,716 21,917,621 . 56,985,985 21,679,624 32.595,807 13,813,204. 10,881,359 » 17,288,441 10,666,714 -.7,569,613 > 53,300,916 1692. the related postwar refund. 4Deficit.—V. 156, Northern • 2,319,798 V railway- from i'56, ! railway_l'— $13,064,861 railway——L From Jan. Net Ry.—Earnings— ment Net inc. aft. fxd. > 12,4485 • Drl3,044 surplus:!^- $578,629 has the 48,797 13,563 ^ 174,718 com. ^ periods in 9,395 v 455,000 48,797- (approximately 31'./ )., and pro-; aggregating $69,566 applying! to the full, year 1941 was made1 during the last three months of1 that year.—V. 156, p. 1419; ■4y • ' ' > y. y ; Gross retroactive 1642, have been included in the accounts and shown in this state¬ at rates imposed by the Revenue Act of 1941, then in effect. 30, for the 1941 was vision " 1,438,242 Balance the $ 6,319,500 income. Dividends of ' 8,584,112 — deductionsnet Total 36,847^40 152,198,653 112,097,958 income Interest the '36,598 9,900 • cently enacted Revenue Act of for yy $2,449,745 i 445,000 ; :,y in net dividends;:., -.-y bal. the 56,892,989 234,695,744 226,757,024 58,604,853 ______ (net) : bah :bef.» divs. f Deduct ion applicable to "1942—12 Mos.—"1941 1942—3 Mos.—"1941 income- income 36,598 1,013,222 2,764,103 $2,254,403" 341,250 //-y.- y expense. > 966,607 2,745,551 • $1,782,400 -341,250 - against yyy—A-—.- Consol. 771,221 J.5 : > /2,083,501 $1,654,270 > charges Preferred > , $ Other •• disct. income of subsidiaries' 392,125 expenses.—.._y 38,495,957 oper. balance, expenses income Telephone Co.—Earnings- revenues—; Operating taxes v 1611. p. Period End. Sept. 30- Operating Operating yyy' . funded debt 011 Minority interest 505,729 176,137 , $9,119,815 $12,650,945 $12,170,916 > 3,932,481* 5,993,151 5,190,891 550,212 691,233 752,956 $9,453,546 . interest Other , 5,213,677 4,601,517 , . 491,428 : of ' debt and Other '' 944,545 income— oper. • 1.767,866 1,930,65917,286,876 - 23,668,518 /4,524,266 , included 5,253,309 25,437,384 ^ 1942—9 Mos.—1941% ' 1942—12 Mos,—19411* $9,305,889 - $8,864,170 $12,436,009 $11,840,452 ? ; 147,657 : / 255,645 : 214,937 330,464 ___: Consolidated . in 10,795,272 charges— fixed railway—— New York 1,324,096 avail, for fxd. charges fFed., Amort. ; "53,248 from 92,069 -y/, 139,892 ■y. ;, y determination)--./ ...; 771,194 ; State & munic. •.'./■■ r yy* Interest 13,321 t -- >,f* taxes yy; 2,012,388 $447,358 $487,189 31,828 "Certain Income , ' 63,948 froln railway—. 15,257,734 13,166,118 fr. .1939 96,125 ■ 1,763,760 earnings.". gross ;• 1940 : 1941 176,510 :^y Consol. $546,258 ry. Net 11,675,306 income charges no Vy 176,276 bpery/revehue—_ end '■ 13,622,195 1,456,404 income given, . Deprec, (subject to year- rejected on dates stated Includes the results of oper¬ RR., June 2,. 1936; Hartford 1936; Providence, Warren & Providence RR. Corp., July; I"• ** " i- $620,374 Net 131,265,970 17,374,245 8,592,405 inc & ■--v''-' 19,050,637 /y income • Maintenance were 1778. p. railway 5,541,040 21,724.115 oper. ■ 1942 oper. Total ry. 156, dates Net 75,050,031 op. ry, Equipment and facility rents Net the 3.772,467 North Boston Lighting Properties (& tSubs.)— Earnings; Operating costs 41,511,137 9.317,730 accruals. joint from rev. of as "Deficit.—V. 1,734,553 Other "Railway *' 41,283,260 486,556,328 368,817,482 7,050,779 structures of ry, and way ■ , 57,762,969 • 9,269 2,107,169 Period End. Sept. 3Q— 'Total : From Jan. 1— " revenues—— 31,, Boston :: 22,509 income,583,888 Other H,564,827 " railway—— from Lines) 1942—Month—1941 . New York Ontario & Western Ry.—Earnings- Net RR.—Earnings— All $S289,122 $15,611,534 July RR., 1937; 1' Dr 157,874 25,297,492 %2,760,164 funded debt on divs. 549,812 1611, (Including Maint. 11, October—• New York Central Maint. Western Feb. V Dr97,582 18,958,568 t —— 21.662,899 5,267,078 " 150,,-p.->1692. Gross 26,592,841: 15,654,115 for the stated leased rentals are included covering the Old Colony RR., Hartford & Con¬ necticut Western RR., Providence, Warren & Bristol RR., and Boston & Providence RR. Corp. leases. • |For the purpose of showing the complete account for the operated System, includes accrued and unpaid real estate taxes on Old Colony and Boston-and Providence properties; also accrued and unpaid charges against said properties for Boston Terminal Co. taxes and bond interest. ' y,/" ' f y yj.' Net oper. 24,444,705 railway operating income these properties: Old Colony tEffective Gross Ry. 661,116 817,296 net RR., 1938/ 19 510,458 606,220 930,863 • 1,956,532 530,773 2,441,966 2,952,743 income.— oper. 3,283,002 3,605,253 S Deficit.—V. railway—:— from V. 13,708,379 income Connecticut Bristol From Jan, 1— Net 4,093,400 B?-204,477 Dr605,921 leases of the following companies "The & '; Net • 51,471,288-. >27,734,420 587,000 t 17,787,800' y 6,558,250 > 1,407,34033,683,488 21,176,170 ' Dr332,480 Br3,831,909" Dr3,269,597 Z)r413;744 Dr5,406,874 Dr4,198,194 - charges—— :t2,505,064 after fNet $:>09,032 148,501 railway—— "Loss.—V. Gross $341,314 304,233 railway—y/0' 5,442,406 oper. income.. 1,302,085 from Gross Net y $604,258 income.— oper. 1939 "155,266 • From Jan. 1— 1940 $1,104,721 622,386 railway,-..,.- from Gross 1941 Df 11,585 2,097,899 . 2,244,265 fxd. chgs. oper. ry. avail, for >519,298 items, (b&l.i :,y ; income Interest ■ Inc. 636,733 ;. i)rl6,882 > income oper.;; Other :inc. 1,994,340 2,200,001 tax accruals— Railway oper. income.: Ry. 13,789,072" 1,205,594' 3,002,041 T 269,670 6,293,401 ; Joint RR.—Earnings- 1942 October— frv ryy opers. rev. 38.041,545 1,500,186 2,737,655 rentsyfnet) ry. Gross /4 Net "Net New Orleans & Northeastern Net 3,894,0215 ^39,458,408 -,31,519,037; 202,545 v 2,570,390 "1,830,171 295,789 318,272 expenses- 3,791,979 2,117,804 • Joint facility rents met) - 4,623,125. > ' 88,811,003. 1,325,313 151,383 ' 4,241,648 rail line—_ operations 51,830,617 4,330,652 income oper,- Equipment 10,502,699 12,995,502 17,085,139.' 13,774,912; 1,666,772 137,030 Equipment rents — — facility rent Redeemed— New Mexico Gas Co.—Bonds to Be See $1 each; 10, "/ ---'Vy ./y/" 1777.' p. Sept. ' 9,544.314 127,908,081 1.365,592 General oper. Cr54,212 5,382,165 tax. accruals— Railway 1,333,148 1,457,777 Miscell. 46.918,211 25,235,313 6,448,456 revs— 1,786,223 133,707 of way & struct. Transp., 2,009,203 — 44,242,8551 25,355,731" —w— 2,213 323 •256,515' investment oper. ry. Railway 55,712,776 2,513,382 V revenues oper. oper. - .y 332,080 Traffic year-end dividend of 25 cents per share has been declared on the A common - • 74,014,482 Maint. Zinc Co.—Year-End Dividend— y i .Net for -1941 6,244,486 Maint. New Jersey y ■ 1942—10 Mos. . * ' 195,476 revenues other All $ ' 7,913,479 revenues Railway y',;'y:;..;y' y 214, 279 Transp. 5,535,232 y revenue Passenger 1941 1942—Month '■ hearing on- Earnings for October and Year to Date . Period End. Oct. 31— Mail has called for redemption as of Feb. company at To Mills Feb. 1— outstanding made Worsted Jersey on : Hincks set Dec. 11, at 2 P. M. -as the time for trustees' recommendation. y/,:/y" y.•' ■}N."; ..y,. the ■. ■ Judge under the Excess Profits Tax Act of profits tax, excess amended, for the periods covered by this as • — General; y'" collateral. as States Power Co. (DeJ.)—Stock Offered— Paine, Webber, Jackon & Curtis on Nov. 20 completed a secondary distribution of 47,t)Q0 shares of class A com¬ mon stock (par $25) at $4%, less 35 cents commission." " THE COMMERCIAL & FINANCIAL CHRONICLE Number 4131 Volume 156 Weekly Output-— Northern the of 1 Cost :of Pennsylvania Power Co,—Earnings— Northern '• $168,714 $263,002 $2,124,353 ' 102,314 182.575 1,335,677 profit $66,401 $80,427 $788,676 49,314 38,014 393,439 282,847 $17,086 $42,413 $395,237 $227,746 959 2,188 9,712 14,018 15 525 961 Manufacturing ! agreements . ,>!-'?•- ?": 623,313 -***-l*l_*-:.-..I**--,*!'! for, retire., ideprec.) • of property, plant Prov. ' income taxes',.'. .**„ii_*.*:_*.,**_!w**_..<-!-«——* Provision- -for. .Other taxes '' 203,000 171,500 161,322 , > , 115 / $18,160 $44,616 Cr218 14,834 debts Mold 2,146 19,755 1125 464 39 2,346 5,052 31,630 sale on of $8,003 Tncomii*';*!?!?!!*??*-!?!^ rOperating Total • income other 9,316." - 35,470 "Does ,Gross $538,247 $484,309 income 184,500 . ' 185,400 ! 236 Other interest charges——....i**!*!**!-,*.;;'? ',0,.-11,426.22,169 Amortization of debt discount and expense ', 18,504 : 17,788 Taxes assumed on interest.^*-!*?.***.*-.!!**. 11,866 ■?• 8,292 (Interest charged to construction.*.!.!!*! Grl70 ! ,Crl,607 Miscellaneous 'income deductions..-?•;; .! 380 :• 345 Interest capital ? on ~ •?? Net V "Fixed : Blair & Co. on Net |share,—V. 156, p.~1692, •' ■; Co/-Earnings— 594,593 Northwestern Bell Telephone {■ 534,950 Int. 534,950 payable—trade and others*—— $19,761 $55,100 payable—affiliate '.I*'-!.. and others.. >• Operating ( Operating - Net $549,585 $4,681,982 expenses' Provision 4,739.059 eludes 4,084,161 Iy'lC;'! October— '■}- r from Gross ' ;?'j ■? 1942' '■ $617,780 railway /Net', ry. "••■. oper. income From Jan. 1— $945,453 277,083 277,083 106,875 106,875 3,325,000 1,282,500 3,325,000 debentures.*.. 93,066 92,696 1,132,174 1,218,916 construe.*, Crl9,981 Cr4,439 0107,837 Cr82,583 _i—- $458,160 $473,238 $4,872,933 $7,865,153 and int. chgd. to income applicable from railway-.— Gross Net ; Net 1 2,761,799 2,796,127 V ;• 36,959 "244,160 2,992.177 317.082 "42,639 income_ —'; 736,195 156, p, 1956. oper. ry. • 4.184,897 1,409.974 ' railway....... from 46.455 36,914 "281,867 16,513 "Deficit.—V. Ohio Associated Telephone Co.—Earnings— within due Operating i Finance directors Uncollectible . oper. Net , V. 12 $728,596 $672,918 102 180 878 1,590 55.165 48. IB 4 457.163 419.230 15,298 126,848 101.619 $11,803 operating income 156, p. 1332. ■•■'?•'\'i ■ The Nov. 30 record the as Sept. 30— for date ?tin-' forth call Net Net i-y. oper. from Net ry, , 264,414 ? 1,003,261.?: railway—* Net ?. 260,138 1939??? , ?.? tProvision for ,? . 245t68d Amortization '.334,636 w 26,378 ry. from Net ry. "Deficit 3,310,685365,216 2.681,590 Natural Gas Co.- Oklahoma Ended Aug, Months 12 31— ■ it— — Earnings—r. -y.'?/..I 1942 "Taxes ■ operating income Retirement income Net 1,545,217. ,.319,000 273,165; 273;165 ; •, , $1,887,679 770,000, . 770,000 that- -itrhas is of -the -opinion profits tax.' , "Company +•„'Comparative Sept. 30. which taxes 1942, with 30% would Eastern for: tax Pipe Line of. the purposes payable if Co. the on ?*' other ??1?!?fl.:???:/C";I'??vl 'Asset*—'■"""?• Property? plant,- pipe litres and Franchises Organization fund and Investment cash Special deposits , proc. receivable"'—•' Accounts 4,817,468. ;; Feb. 6, 1942) are : Deferred : ' "? $61,551,148 $59;227,244 prior convertible 4,552,750 v- stock. _**„_*-*v****_*'_;-wi*^.- Conunon i-jlX 8.250,000;? Customers' deposits Taxes - certificates, accrued Other current lor Reserves Resecves -for contingencies* uncollectible accounts.... , 17,751 expenses.!!!.;.' a..; : 8,080,336 »,620,010 u_- i„,i v* >,n. surplus Total. ■ —V. ,156, • .*__*_:**lv„;_*._;— .— i.'—L.*.*'?--!--—-r._l?-?-l*-??.?*ll_p: 1869.. — , ' I".', 10,263 opers. *___ retire, 174,184 ? 1942—10 Mos.—1941 •' $ ' 1 ' $■ , „ 34,235,973 11,833,600 893,817 16,554,352 235,713,468 144,476,621 5.653,351 91,404,700 43,663,043 877,474 8,347,759 6,549,185 8.353,404 877,476 893,819 6,549,414 Dr770,480 Drl.035,753 Dr9,843,984 Br4,446,643 Dr252,633 Drl88,366 Dr2,380,604 Brl.689,748 (bal.)_ 19,591,624 ,7,921.932 115,383,017 81,578,588 1942—10 Mos.—1941 1942—Month—1941 $3,501,621 $35,927,151 $32,608,863 2,699,703 26,469,077 23,266,112 revenues oper. expenses $4,372,376 2,875,935 revenue $1,496,442 $801,918 $9,458,074 645,812 254,476 3,915,897 3,043,167 $850,630 $547,442 $5,542,177 $6,299,584 I>r553,564 oper, accruals.* tax Operating income — ' Equip, $9,342,751 £>r24,955 33,712 Prie,007 ; Br65,332 Dr552,362 Dr497,222 income- $785,567 $457,154 $5,023,527 $5,248,797 l....**** tiS, 28,792 10,945 (net) rents facil. Joint Net rents oper. ry. Other income (net) ; ?■ 428,628 34,785 485,447 $814,360 $491,939 $5,508,974 $5,677,425 5,854 5,292 69.422 89,873 6,067 5.182 56,783 55.930 267,668 270,219 2,694,219 2,692,180 $534,771 income deductions $211,246 $2,688,550 $2,839,442 • — roads & leased for Interest debt on $65,502,541 Net income —V, 156, p. 2,959,490 ..*__*— 1.351455 Perfect Circle Co.—50-Cent Dividend Declared— 554,403 : 839,457 ■?•:■; Dec. 835,231 on 2,045,717 on -Nov. 27 declared a regular dividend of 50 the, 162,500 to holders of 24 Oct. Jan, 1; record Dec. 4. 1942.!?;;!?■>?:?? ?:-?l?:;'i?v?. "?r?;:?l ■?■:•:?' :'t? during 1941 were as follows: Jan. 2. 50 cents; April 1, each.—V. 156, p. 963. Payments : 40 cents, and July 1 and Oct, 7, 50 cents Petroleum Heat & Power Co. 14.896,500""10 000,000 1,000,000 1, 000,000 A1 *i*. 1*1,^1:..i_*. 6,250,000 6 250,000 12,000,000 12 000,000 series dividends Participating Matured Cost of *!__—**, sales.***—- 1942 debt......— ._*_*?!. *^LL__i!._i_„!J_i._l..r.... current and Reserve Other for 94,781 104,986 302,196 230,210 7,204 2,749 69,911 and amortization*. ll__*:_i_l_l_'_l_cl. Discounts allowed 763,887 ,404,526 Net "Representing gas sale and purchase contracts, etc. 807,-367 v- with ho? 30% par added shares. to such tRepresented by ^Computed on basis of Revenue Act of T941 computation in anticipation of new legislation 13,114 - 11,767" 7,636 213,813 191,397' in — and excess profits taxes —* - provision for Federal income the basis of rates and $480,831' 7,629 $736,939 and excess profits taxes has been regulations prescribed by the pro¬ 1942 Revenue Bill, HR-7378, and accordingly both the provision for Federal income and excess profits taxes are subject to and ril-l-l-?."—!*-.-ll-l_!i—.$101,957,970 $79,953,130 reserve any changes made in - $61,>551,148 $591227,-244 profit "The estimated on posed Total 40,224 —1*..**— "Provision for Fed. inc. ,526,505 1,097,881 96,97* $987,957 9,523 Expense of land and buildings riot required the business, net of rental income 43,320 14,361,843 i* $4,024,180 3,133,195 $890,985- 181,312 -Interest, expense ■ • 1941 "■•;?'' $724,968 ——*—*.**— * Total income 113 ,808,825 accrued •liabilities..*... $3,755,828 3,212,173 $543,656 — operating profit Other income 165,000 §6.656,102 depletion reserves Net 807,367 201,842 profit Operating expenses 445,482 223,551 403,683 - ... ... liabilities 1 Deferred Gross 5,,000,000 , _*_.-*_.l_ $17,831,728 $17,626,292 .*_*!.«?. 14.075,900 13.602.112 1- sales Earnings, Etc.— - Year Ended June 30— Net 14,256 long-term interest Accrued Other declared*.?.!.....!!.. 5,000,000 dividends- declared-.....*.-, Accrued-' taxes cents shares of outstanding capital stock, payable .This compares with 25 cents paid 1. last; 50 cents each on April 1 and July 1, 1942, and 60 cents share on per 111.464 308,658 directors The 321,277 $20,184,175 $20 184,175 bonds, Common ;,: 1693.; 5,040.487 15,006 -'10,263 -4.165,030 ??:' , oper. on /Preferred dividends declaredl!'iii_*_'*.___. . 59,011,052 .. ? 59,920,898 692,795,887 507,138,141 43,346,546 457,082,419 362.661,520 taxes.. (balance). rents ry. oper. income. 156, p. 1869. Net 1941 ($100 par) - -15:006 in 8,871,810 - -"6,136,025 5,538,217. ry. ins? taxes.. ? rents Railway ?'' "?? ? ' v."■''?*?' ■??:?'';?'?:?.?: ?■" preferred stock Accounts ; 68,276,167 System Total '* Other reserves. Earned 81,791,327 Regional 82,402,707 48,166,734 equipment ,.*1**11^*., 1942 ... ?-'. Mortgage bonds,'series' B, due Nov., 1960 482.408 16.815 "140,068 " - Retirement reserves, *,r* included 4,860,000 " 1,485.742 - .'*' (net stock Mortgage .1,347,100 487,619 liabilities- of Total and 4.938.613 _... receivable preferred stock .($100 par) ^*l..l..? Class B 12,138 „ and accrued credits Deferred -1.038.700 11,960 . premium 788?332 1.084,534 unclaimed?.;.-— accrued r Interest notes Liabilities—;; l'' 340,541 . 15,191,324 10,286,657 "'?;; the payable •i'..i_l.ll_.l l'i._..***i. 956,325 ; —; " Dividend had not 163,975 . and tCommon ?5.60 ^ >8,250,000 340,541 declared Dividends - 13,726,613 8,525,026 ■■••;• 9,750,000 25,430,0001: 26,700,000 215.763 :"-r 186,280 ■Long'-term. 'debt: Accounts (payable;;, 1939 1940 Pere Marquette Ry.—Earnings— 1,562,097 ;; 1,782,468 ,1 preferred stock$5,800,-000?': $5,800,000 "Preferred; stock. y?;??i'. ' 1941 1942 >'"r-"v'^' Period End. Oct. 31—: of earnings 1; Mortgage bonds, series .C,' due. Jan., 1962_. Serial-notes •.._(l,ll'l___''*_ilJ_Z:?*l____._.l. (Other long-term debtl"l.lll2'—"i. 4(552,750 _1 .1. Liabilities— 1942, k__$101,957,970 $79,953,130 ? 12,374' , "1,501.513 in anticipa¬ ,1 $87,245,025 ; Debt discount and" v 217,700 "2.035,510 1942—Month—1941 Net SO l * 6,648 2,910 748,861" 62,653 "233.865 "660,501 1612,?. p. Earnings • taxes facil. Jt. 4,992,462 5.133.435 1,158.607 7.980,606 revenues fr. rev. Railroad Rent supplies.*. ".ill ill ,! Special depos.ts .l_J—-ii. li— ; Prepaid accounts and deferred charges'..!.... ;*?■■' 415,199 " 3,584 debits. :Totaii;; $5,50 ; .: 810,734' and.^'supplies•' 573,520 Prepayments 'A-f,v 58,271 Materials ' ■'?; oper. Net ( Consolidated Balance Sheet, Sept. t and Material 72,132 1,173,525 ;*1*—"i.*";V--'.>k''-:154 Note's, receivable , of •.reclassification^",':.i ? accouhts^J;**?*il.146,000 i,448,581 ••• ?. 13,850. 6,588.821 19,613,749 oper.; expenses Miscell. ? .y': acquired Temporary cash in vestments. - "97,122 r'.;'1''- ':?■ V?'Ir''V'yv.V'?'"'I' ' and certain of the data for both periods have been restated in instances. ■Accounts • "347,629 income... 115,570,557 oper. Total (company Other. Investments , had deductions for discount, Assets— - properties in Acquired 1942 1941 .equipment;—***' $52,412,352 $45,610,867 intapigibie\,assetsi(iw^ .;; 6,159,987 • expense144,6131-%ji?144,6i3 and, .other ry. Railway the basis of the 1941 the .. • from both Corp, >%"? v ^ 60,760 "202,064 506,114,467 393,392,681 347,951,655 railway....*. 235,763.900 144,550,991 113,929,229 99,090,619 Unemploy, resulting from the refinancing in 1941 of its lorig-terni debt. ( periods ■ , 84 Balance Sheet, Aug. 23, Sept. on company liability.1 for • Federal ^Property,plant and equipment.1..., > V"A?v/-v A)**,'? ■^^Intangibles' no- 1939 $498,893 "175,047 railway*..* 691,505,861 Railway company added to such computation have, been 1940 $505,093 16,594,457 income—. oper. from Railway on been computed has 1941 $For, purpose .of comparison the operations of Michigan Gas Trans¬ mission $2,060,798 — ry. 5VV V 513,993 dated this 1333. "22,109 34,241,224 • legislation. This provision also includes in both 12periods; charges In lieu of taxes in an amount equivalent to expense t 319.000 , order of 156, p. (Excludes L. I, RR. and B. & E. RR.) tax new benefit .share'^common*?!-*—1—•?.•■ $3.7$Vy.<';;$3,43:; excess . 828.980 . rates gas re¬ railway.;*— $82,264,406 $59,805,386 $46,203,130 $47,438,431 ■;?■:■ ?''".: for, Federal income and excess profits taxes for the period to 1 Panhandle $2,652,963 ?$2,479,844 <■" ' . stock * of ■ i-.l-U.JJUL dividend requirements:' dividends Common : 886.093 ■ /Per Jan. month 1,159,571 — — for. common tion $3,308,824 ^$5.505 convertible prior preferred' Preferred IZ-ZJ .Balance tProvision from $4,468,395 $5,084,273 the in and items $4,618,127 '; interim Commission's reduction ■Revenue Act of 1941 16,455 such 2 i* stock Preferred ?' -~*$3,539,056' J_ _ 1 deductions Income accruals'* 244,965 "$4,868,045 Power a related $556,460 . From Jan. 1— Net • 1.368,888 27,633-- reserve income Gross directing : loss.—V. 156, railway...—— Net 6, 1942 $$5,113,011 $$5,132,120 6,1942, • ■ sidiaries of approximately $5,100,000 based $5,056,640?!! $4,451,940 r.: - $9:454,672 2.090,410 t income. ineti Other income .Gross ' * ;;:i Utility Net ■ and its sub¬ 1941 business will, if (finally effective,-affect gross earnings subsequent to Oct. 1, 1942, Its effect on future net income lias'not yet been determined, T941' . - 3,774,307. ?; 3,342,677, 300,397 291,167: Maintenance • expense income "Federal '* v •• and discount income.._ or from -V. si-i-"*;-' $11,221,754 —.2*1—iy Opera t i ons debt of * other discount - 7,971,808 1,882,577 302,919 railway. rallway_^^.** from Gross 1,952,995 1,422,397 1,242,194 Cr36,657 104,793 Crl75,487 (net) prior to date .of acquisition.... Net Operating revenues deductions and extraordinary of debt 34,409 October— 10,872 908,750 retired Pennsylvania RR.—Earnings— 556.776 14,879 2.803,969 3,112,957 ; income the upon effect 156,049 income... oper. Equip, „ based the of unamortized 1942 $736,173 railway?,'-.-, oper, from Gross Net 805,855 : Net income—Includ. subsids. acq. Feb. Deduct—Net income of subs. acq^'Feb. ' . debt— '• 47,369 "17,615 1611. 156, 7>. taxes reflect From Jan. 1— Gross 922,444 Federal income taxes -.funded (Other interest . ."Deficit—V. on bonds on railway... $19,850,226 $16,981,188 :*: tProvision for Federal-exqess profits taxes Interest, . State purposes ■;y■ ?.?-,■ from from Net ?■„ .______"$19,061,330 $16,403,540 Taxes—State.- local and miscellaneous Fedex-al__ ■, 91,906? ^/ 47,502■;v^,v-ll?,'410. 594,681 > . Income... oper. 17*443 , , railway. from Net • income*-- ^ $36,389 ,;?,.$32,195 ?V; S44.773 13,355 / 1,832 , 23,998 3,970 >. *5,578 i 16,990 : railway.---54,435 from Gross 1942 railway...ill $115,473 from Gross " ' 'October— . Ry.^-Earnihgs— 1941 !■ ' - 1940 and statement, tax premiums October— Gross 1941 '' above income Pennsylvania-Reading Seashore Lines —Earnings- (& Subs.)—Earnings 774,017 the in Sept. 30, 1941, and 1942, respectively.—V. special a 1942 revenues current 1942, addi-! If adjustments were made to exclude the effect upon taxable income of such extraordinary deductions (based upon the laws in effect at the end of the respective periods) additional provisions of $1,271,000 and $281,000 for taxes based upon income would have been required for the twelve months ended $1,838,827 1941. , City-Ada-Atoka Oklahoma Federal provisions for 91,422 , . the for sulting from refinancing by the company in 1939. Operations3,879,175 Maintenance--^.*—* 399,990 ? Prov, for deprec./ depl., and amortization-..*.™ 2,885,418 : i $125,000 expense, • • of 245,000 ? gross taxes 488,252 set to be capital by revenues—Gas: Total $150,479 $143,707' $21,693 t 3,846,532 $4,018,621 required under the Revenue Act of 1941. deductions for Other - taxes Gross Federal for amounts 12,731 California—Meeting— of Corp. set have Gasoline 15,935 rev, provisions the 500,000 meeting Ended Mos. $85,365 (Operating expenses .2. Operating 1942—9 Mos.—1941 ,' $83,005 ? revenues ; 3,846,532 $1,026,401 . "Includes 151, p. 112. year.—V. one Panhandle Eastern Pipe Line Co. . 1942—Month-^1941 Period End. Sept. 30— stocks.. 1.282,500 month and $1,125,000 for the twelve months ended Sept. 30, tional to Net f preferred to U52.099 held Dec. 19, 1.942, to vote upon a pro¬ posal to reduce retiring 23,104 shares of common stock held in the treasury and reducing the par value of the common stock from $10 to $1 a share, and offering to purchase from stockholders preferred stock,- series A and series C, at $10.40 and $10,32(4 per share, respectively, plus eccrued dividends. ; ?'.; ?y r4?;,y '■ '■;' If shareholders approve the above proposals, it is expected that the directors will declare, and pay,-an additional dividend on the com¬ mon shares, not to exceed $11 a share, before the end of the current calendar year, Maxwell C. King, President, states. A dividend of $7 per share, previously declared on the common stock, will be paid on Dec. 8. See also V. 156, p. 1869. 1939 deducts. $10,504,770 $13,608,986 179,927 par). $2,084,779 Pacific $331,430 1941 $377,515 264,904 v .... 1940 $334,638 -.45,185 87,102 : 57,127 ■';; ■*% 12,566 \\S-\ railway.-—;?■■''"-308,423j;'; Net; from; 2,602 (net)-?-* 266,842 ($25 depreciation of $587,825 in 1942 and $513,107 in stockholders' • $942,632 $10,460,896 $13,569,249 2,821 43,874 39,737 500,000 taxes — ($1 part $76,057 The ■ 15,252 $912,601 85,000 State stock Total Pacific IIR.—Earnings- 16,493 245,000 and payable.. stock .'"After . ' Northwestern 1,298 474,062 Federal for cumulative preferred Capital surplus Earned surplus $4,798,060 469,472 2,850,000 1,576 _ Balance 17,066 Common 594,658 1420. p. 2,850,000 mtge. bonds*!*. Dividends 12,246 19,565 6% $625,709 income operating 156. 2,037,694 237,500 $915,203 on Net •115,066 oper. income Not —V, 3,415,144 2,042,642 149,844 61,067 payable—affiliate; Mortgage loan 1942—Month—1941 .1942—9 Mos.—1941 ;!*!?• $4,210,753 $3,250,904 $31,444,433 $28,402,840 lev, " :!?:!•■ 6,420 -y!-.? 9,939 i;?,;? 72,994 ? V 77,294 expenses '"■? 2,784.416 2.180,328 21,454,748 19,004,499 taxes •_.**._* 794,213 511,052 .5,234,709 4.522.987 21,038,316 7,467,065 178,900 ??':;;;' .''-I!. 47,266 revenues Uncollectible 22,799,014 433,091 237,500 — revenues... oper. on Int. $1,838,827 Accrued Period End. Sept. 30— .Operating 1942—12 Mos.—1941 1,791,992 limited-term of Other 186,289 ■ :• -Earnings— $3,585,413 $45,636,110 $42,925,655 644,416 . Gross income Int. Accounts payable—trade ; , „ $1,25 173,826 taxes Other income 29,407 636,407 $2,084,779 Notes $108% per 1,000 shares of $5 preferred stock (no par) at ■ $1.01 1942—Month—1941 $3,847,008 1,877,089 Prop, retir. res. approps. 123,069 Accounts . (Minn.)—Stock Offered— Nov. 20 made a secondary offering ol 539,865 1956. p. taxes ■ States Power Co. $519,808 - depletion, interest and provision for income and expenses., Amort, 1941 1942 846,645 — depreciation, revenues- etc., Liabilities— 1332. p. 455,266 '32,699 *■?' Total 156, $441,854 Period End. Sept. 30— $59,727 290,214 '? purchased ' from O'Sullivan Co., Inc., (N. Y.)*_!i__-!..!_!_.?.yl Rubber Sept. 30— Operating company Northern regard consummated 1941 $41,618 1+*.***.;.r assets Notes without refinancing excess profits taxes.—V. 156, "Federal 590,705 goodwills, $305,623 , does not consider that it < has any liability for profits tax, under the Excess; Profits Tax Act of 1940, as, amended, for the periods covered by this, statement.. Provision 'for Federal income tax for the period from Jan. 1, 1942, is based upon an anticipated 1942 tax rate of 40%,—V,. 156, p. 610. computed Pennsylvania Power & Light Co. Right, title & int. in trade names, trademarks, excess 1941 preferred stock.—V. prof, taxes amounted to common share— per "After Other 1942 Prepaid-expenses.—..i!„y*.....*!*.*' . -.!_*? .?$257.803 income - Note—The i Federal comparative Balance 'Sheet •"? ?> ' ;'?. ■(":''. :■•■??'■?, Receivables;, (net) > Earnings $32,511 Inventories - Ended for inc. & 3,110 bank and on hand......._*_*.. Cash in Months investments Assets— debt . ■,^>■.♦8,003 profit -1*1 i'? v;,'???■?'. long-term debt (mortgage bonds)**!'' to associated companies-u-^w r.. on Interest of from, the ""Class A earnings $290,007 $113,008 not include provisions for Federal and State income taxes. > - "Taxable ■, Act resulting 1941. Operating $113,008 $293,117 $32,511 i assets l.*!**!....,*--! $502,777;• $474,593 - deductions Prov. 43,829 ' ' 30, 1942) and including Federal income f,Including Federal income and excess profits Sept. Revenue Pennsylvania Glass Sand Corp. (& Subs.)—Earnings— 9 9,748 .-*?il.-!*!.!-:_" profit? ___—I!?.! ; Net Loss special "Net 45,073 1,958 ■-Interest ■"'.? to the on during February, 17,515 Ion amortization !**i •Depreciation' ...I....... .197,639 i; 163,300 165,746; to excess J— li_,.*i__„*, misc. 123,144 : y $242,725 13,551 $405,475 842 Total income —.** Bad „ Taxes—Social security & y,' ; ' 'equipment. Federal and -.1.. - Interest -received 547,580; ■ : ■ Miscellaneous income — -< 140,386 Maintenance profit.!—* Operating . 1 Jan. profits taxes; based $510,593 —*. ' 1941 ; .$2,134,645 ^ : 434,459: !? ;•?'- 1942 $2,231,461 456,948 12 Months Ended Sept. 30— ,v'' . Total operating ;Operating expenses Electricity purch. for resale, together with net charge for", power; rec. under interchange: $1,931,729 1,421.136 —:—1. Expenses J period excess taxes sales..——* Net sales ' (for and 1942—9 MOS.—1941 1942—Month—1941 Period End. Sept. 30— , Inc.--Earnings— O'Sullivan Rubber Co (The) •'?:"... ■ States' Power Co.'system for the week ended. Nov. 28, 1942, totaled 37,409.000 kwh., as compared with 36.290.00d kwh. for the corresponding week last'year; an, increase of '3.1',;..—V. 156, p. 1955.'''. : ?" .??? ' ? ?■,■/."• ; output Electric 2043 and 1942 were the bill before final enactment. depreciation for the years ended June 30. 1941 $202,404 and $215,900. Note—Provision for THE COMMERCIAL <* FINANCIAL CHRONICLE 2044 hand, $1,354,577; receivables (less reserve for doubtful accounts and notes, etc., $49,235), $1,373,701; inven¬ tories, $1,191,457; prepaid items and deferred charges, $184,815; invest¬ ments, $417,335; land, buildings, automotive equipment, etc. (less reserve for depreciation of $2,142,144), $1,681,558;. land and buildings not required in the business (less reserves for $267,196), $357,641; patents and goodwill, $1; total, $6,561,082. and banks in Ended Months 6 1_ Shipments Profit of way & struct. 320,170 283,736 2,425,567 2,162,749 Maint. of 816,555 1,282,078 8,050,847 7,694,848 41,361 39,860 399,295 370,277 775,955 843,054 7,880,995 6,896,563 Provision for 961,825 850,889 Provision for Traffic taxes Federal for equipment- — (rail) Transportation Other 97,374 expenses < Net fr. rev. opers. ry. 97,386 $6,905,700 284,108 7,885,987 4,567,078 C?'464,748 Cr4,601,170 Cr3,742,722 $1,061,499 accruals- $408,503 999,808 Equip, & jt. facil. rents Cr495,886 tax •Railway Net $557,577 Income oper. ry. income Other 13,575 ; Net income 148,000 income $571,152 $606,303 $5,558,895 ■■■i 173,758 1,957,535 1,414,667 inc. for avail, Inc. charges the basis of ings before $0.73 six months $384,863 ————- ' . the taxes for under the Revenue Act of 80% was of earn- Working capital— Ratio current — of Working —V. capital 156, 739,000 — 1.4 to 1.4 to 1 liabilities— — 1 of Cost 1 Dec. on declared year-end a of dividend extra -last.—V. 156, sales 699. p. ' & of All C. of and for & $100,934 $2,904,094 $6,190,022 gold bonds 6% mortgage first estate Pennsylvania the for Company Lives Insurances on 15th and Chestnut Sts., Philadelphia, trustee, > Gas $6,051,803 •Federal 223,914 •Federal local $2,476,978 $8,933,860 88,542 330,720 258,455 604,077 510,001 1,804,579 1,219,967 ; etc.——— —^ _ income Net from and FederaL taxes— miscellaneous taxes— profits 3,434,513 . 3,242,989 1,499,000 1,571,800 2,368,800 3,555,000 771,600 3,555,000 $6,168,887 48,233 $6,850,165 53,227 ,.'$6,217,120 $6,903,392 2,108,550 1,350,000 — taxes—--——'—'— of intangibles—— deprec. and amort, , • income—iLk—ik! operating Other income Gross Int. taxes— 1,429,200 v 1,190,900 4,918,400 2,430,900 $502,986 $687,535 $1,880,161 $2,366,395 Note—Provision $0.92 $0.56 share. com. . ________ income ——; for income Interest profit Earns., per k-... .1942 1941 $37,369,401 $35,048,180 companies^ 3,798,570 3,394,359 others—.• ■ 26,062 25,999 — 3,621,001 3,910,147 ——11,221,644 10,320,277 ■ 1,675,924 ' 1,403,844 affiliated depl. for Fed. inc. prof, taxes & exc. •' ' . $6,275,717 122,099 bonds deprec., prov. & $2,658,363 — . , Illinois—Earnings— Sept. 30— from — excess for for ; "i '• • ■ Maintenance 38,239,289 1,684,141 1942, taxes revenue?—————-— purchased 43,752,761 ■ profits excess : 868. p. ' operation 13,984,362 249,719 and which is to be refunded to the company, pur¬ the Revenue Act. of 1942, after ;the' cessation of 156, Ended purchased Other $2,389,478 87,500 income Sept. 30, thereof purchased 15,062,222 77,051 " 12 months ended Sept. 30. for the Federal for terms operating Power 1942—9 Mos.—1941 income Federal and been computed under the terms of the Revenue Act of p. 1612. - C-;"VV';:" % • ' ' ; ———————— — mortgaged on notes on Amortization debt of bonds—— Edison to pay. 2,108,550 1,350,000 — Co Commw, 431,250 430,281 6,395 and expense—_ discount charges^ —U-' charged to construction———_, f 6,237 Cr84,685 interest Interest Cr7,926 $3.37 $2.42 profits excess Net has taxes 1942.-—-V. 156, of $2,328,851 income taxes •Federal been 1694. p. the Months Other 1943, 1, of 156, (& Subs.)—Earnings— — . Public Service Co. of Northern $2,581,312 on amort. Est. Net due Jan. 1, 1944, have been called for redemp¬ at 102 '/a and interest. Payment will be made Cooper, Granting Annuities, Pa.—V. portion to : notes, Prov. > ;/ real outstanding Jan. office the at the Benton as the hostilities.—V. exps.— income State tion & disct. & Int. Philadelphia Rapid Transit Co.—Bonds Called— of of of State, 15 regular dividend of 35 a ——■ 1942, in accordance with the Revenue The provision for excess profits taxes is after deduction 1942. suant $17,643,534 $16,373,840 $52,436,903 $44,291,092 income Other cents per share on the common stock, par $1, both payable Dec. 11 to holders of record Dec. 2. An initial distribution of 35 cents per share was made on Sept. 10, and share income statement provision of Prov. directors per $4,785,055 1942—3 Mos.—1941 - — Balance 6.81 346. p. 982,415 $4,013,844 Act 9 Period End. Sept. 30— Net sales Total cents 70,517 $3,544,751 108,425 108,425 10.17 outstanding-— share per 1,103.000 . current to stock $502,000 (Chas.) Pfizer & Co., Inc.—Year-End Extra Dividend The 56,609 $429,162 $834,818 Pittsburgh Steel Co. 1941 $389,000 . _ assets capital — 1,056,245 nine months ended & prof, taxes— p. 1779. 156, 5,664 $4,996,260 ■ Note—The includes Total 1942 of inc. Fed. excess —V. 30 Sept. Items, Sheet (RFC) debt iJi.-—— 6,460 $4,952,524 —$3,896,279 income Power Balance Shares $4,855,572 3,383 taxes. Long-term Net-interest charges—_■ 2,056,583 $4,990,596 ; —_ ki the _ $3,601,360 $432,545 "" 3,388 2,121,621 — income . •Includes computed Federal for /. fixed charges— fixed Total 1,411,567' . $4,946,064 depreciation———— operating revenue Non-operating revenue c___— $79,000 $1.60 the maximum Note—Provision on $174,000 ■■ —————. 866,979 1,453,896 — Net $6,270,239 186,289 — deducts, fr. , 980,316 ___ than m Total , 188,895 69,000 _————- —„ —_—■— income taxes™1,529,93,7 income taxes.————J—k 2,546,339 other Net $2,250,000 695,000 $6,081,344 v ' 131,716 . 869,000 ——• taxes————_—_• share—— per $5,427,179 $589,143 17,160 » $381,475 Earned $8,711,996 expenses Maintenance Taxes, 1942 1941 $20,231,317 $17,971,322 8,107,038 7,191,699 30— revenue—— Operating Gross ! $5,878,000 _j——_— Federal before Provision 1941 1942 Ended Sept. operating Maint. oper. Miscell. 30— Sept. Months Total $3,112,914 Corp.—Earnings- Pettibone Mulliken $2,954,617 $28,430,525 $24,881,026 revenues Railway $546,317; payable, 12 1942—10 Mos.—1941 1942—Month—1941 Period End. Oct. 31— on accounts payable, $250,768; ac¬ crued payroll, commiss.ons, etc., $28,638; accrued taxes (other than Federal income and excess profits taxes), $68,578; reserve for Federal income and excess profits taxes, subject to review by U. S. Treasury Department, $235,530; deferred service income, etc., $41,620; reserve for possible losses on savings contracts, claims, etc., $386,495; common stock (par $2), $1,824,928; capital surplus, $1,752,835; earned surplus since June 30, 1939, $1,425,374; total, $6,561,082.—V. 156, p. 517. Liabilities—Notes Potomac Electric Power Co.—Earnings— Pittsburgh & Lake Erie RR.—Earnings— 1042 Sheet, June 30, Consolidated Balance Assets—Cash Monday, December 7, 1942 accrued Jan. for 1942.—V. 1, the of 156, ended months nine basis the on the 700. p. ; - Sept. of Act Revenue $3,093,009 30, 1942, have effective 1942, as < Pittsburgh & West Virginia Ry.—Earnings— (& Subs.)—Earnings— Phillips Packing Co., Inc. Ended Months 6 of Cost 30— Sept. — $5,773,084 4,426,875 sold goods Net' from Net ' ry. 1939 1940 1941 1942 '$607,803 $484,028 $359,391 220,360 152,468 78,781 $455,851 205,391 income 158,014 162,271 65,275 198,296 oper. Gross $1,848,409 $1,346,209 expenses— 373,788 369,772 1 $1,474,621 $976,437 111,401 $1,586,022 $1,036,608 13,095 13,689 201,250 257,350 : Operating profit income Other Total income Federal — — — bad debts, paid, Federal State > income Interest ——— — income etc. taxes.— profits excess — tax tax 976,000 — from ry. —V. 15,050 Net $383,628 18,874 stock $0.77 —: paid (no pari—.., $1.53 charges for Federal ending March 31, year Consolidated ■ , Assets— • profits ; the for income net Sept. Sheet, Balance 30 1941 1942 ..V $2,518,672 securities Marketable and Notes other and 1,764,534 744,903 785,100 stock, par no compares 23. Dec. 1941. cents 35 cents paid.—V. was Potash Co. of company 4,500 ,_k——_.k; 6,000 4.332 156, Ended Months 12 $8,932,881. General Liabilities— Accounts 1941 1942 $393,018 $428,272 V- 149.663 5V4%. • and State cumulative taxes income— on preferred stock 272,400 1,930,100 . Total ,266,924 -V. •Represented by 475,000 no-par shares. 156, p. company Nov. on 30 with filed the SEC 437,1 Alma Oil of Co. is a Delaware : state¬ outstanding 25,000 of the sum of of.21,500 of such shares have granted to Phil¬ common,stock $1,000 cash, the owners lips and tion of Sun of be paid stockholders shall be able deliver. to In the and Sun Ray shall exercise the option, the consideration be 43,928 shares of the companies' capital stock (no sum of 8615.024. The agreement provides that if such will the and par), said as event Phillips to having consideration Oil Co., an. Oklahoma corporation (in, the propor¬ Phillips and 21% to Sun Ray) the option to purchase stock and. such additional shares of the remaining to shares shares 3,500 In par). Ray 79% 21,500 . corporation ($100 stockholders of share not .shall be the Alma, unable cash deliver to all of shares the payment shall be reduced to of The stock of. Alma, There which no will be underwriters recorded in on connection the company's with this books issue.—V. at 156, 1779. p. Pittsburgh Coke & Iron Co.—50-Cent Common Div.— share Dec. on 12. Dec. on the A 30, Nov. common similar declared 24 stock, distribution a dividend payable Dec. was made on (No. 3) 23 of 50 cents holders to Dec. 23. 1940, an initial of 25 cents was paid.—V. Control 1942 October-^from Gross . . Net from Net ry. last 156, p. of per record while year, 1694. 1941 1940 1939 income— 38,383 45,092 50,449 14,132 railway $144,770 28,612 20,543 31,857 32,395 $118,006 $122,503 30, from Net from Net rv. —V. last, railway Operating 156, p. Feb. 1 dividend of Total give effect to ■ 1870.. p. . be may required under All Conduct, Co.—Earnings— and .of expenses i cars—_ 1942—10 Mos.—1941 $5,060,852 $69,042,096 $47,587,796 2,455,600 •: 20,953,728 2,528,880 ■ * auxiliary .operations). ... $9,659,866 of and car 1942—Mouth—1941 21,602;378 270,006 55,707 operations 3,345,454 • • 383,888 1,941,620 2,599,331 25,871,046 17,865,456 '323,175 3,244,137 2,833,317 $284,749 $16,373,854 $4,739,945 $196,705 $2,765,214 $1,770,292 car expenses revenue $3,131,638 ________ Auxiliary Operations— 486,701 ' $330,744 revenues Total ' 'v. maintenance. other General the Revenue Act enacted in Sep¬ , if'"k i■'•v ■' ■; revenues Maintenance 235,137 : 161,788 $95,608 expenses revenue Total Taxes net $34,917 $3,227,245 revenue accrued 1,991.556 1,409,377 $773,658 ■ $360;915 s 156, : $319,665 $17,147,512 • $5,100,860 2,221,139 326,010 10,974,092 3,318,750 $1,006,106 >$6,345 $6,173,420 $1,782,110 ——_i— Operating income : 1870.- p. - Radio Corp. of America—New Product— cents 15 par and share were made on Feb. 2 30, 1941,—V. 156, p. 1059. per and June , A electron new make to V,1 at K. small microscope. available it research Zworykin, hundreds of to institutions, has enough medical, i inexpensive and university and enough industrial been As.sociate developed by RCA Laboratories, - Dr. Director of the Laboratories, announced Chicago Nov. 26 at and Conference a joint meeting of National Industrial Chemical Chicago Section, American Chemical Society. the Only 16 inches long and light, enough to be portable, the microscope makes one of science's latest and of available tools for In Hampshire—Earnings- Dr. $7,459,704 15,929- 14,847 178,324 2,257,181 158,597 37,453 35,799 416,307 426,636 new 66,898 62,531 805,781 775,125 electron is 292,464 ' power depreciation- 2,860,846 46,100 52,000 574,530 525,479 91,166 97,125 1,097,273 income— $178,189 $197,959 $2,276,439 $2,203,909 Dr446 Dr20,496 Dr538 in a wide scale. It is the new most capable model powerful of magni¬ particles of matter up to 100,000 times. performance the standard size instrument made ago. it clear types small model. It microscope unnecessary.—V. has. been researches 156, p. found, he explained, that in the versatility of the larger 1870. numerous instrument 1,112,777 Non-operating income__ small on that the standard electron microscope,, flexible instrument equipped with special adaptors for of investigations,-is by no means superseded by the highly various work by RCA two years Zworykin $8,209,500 a war it equals respect $707,163 246,902 - to infinitestimally this introduced 1942—12 MOS.—1941 1942—Month—1941 $728,199 Maintenance Federal income Net oper. tax- taxes ' 968 Radiomarine Corp. of Period End. Sept. 30— - ... ; America—Earnings— 1942—Month—1941 1942—9 Mos.—1941 Total Gross $177,743 Other interest, net—— deductions $2,203,371 58,361 700,337 1,105 Cr3.430 15,467 10,087 120,129 118,852 Net Pfd. — income div. periods 801,926 1942, 307.122 215,013 an 80,592 253,853 174,003 79,646 in 1942 and $1,438,907 55,816 669,797 to $1,368,715 669,797 provision for Federal income taxes for the the year 1942 has been computed at the rates the Revenue Act of include in the applicable other 1942. adjustment made an overstatement requirements $129,374 55,816 estimated applicable forth 1,004.420 $110,987 requirements. Note—The amount to oper. revenues-— $37,192 $74,799 $413,026 $668,268 Total oper. deductions- 63,069 84,861 578,701 670,584 $25,877 $10,062 $165,675 $2,316 109,869 222,501 903,811 795,167 $83,992 $212,439 $738,136 $792,851 437 750 3,237 $212,002 $737,386 $789,614 770,337 10,295 interest $2,255,943 Crl,S00 — $198,927 58,361 income. Bond 422,419 interim an no of New Co. —_' revenues Purchased 1,286,048 1612. stock, cents 15 on Operation 225,727 income— declared 27 to Sleeping Car Operations— fying 1,238,105 railway oper. of and Public Service set From Jan. 1— Gross restated Pullman $104,292 -Earnings— $127,645 railway oper, Nov. $133,628 and surtax) taxes are added provision of approx¬ (normal Board. Distributions June Other Pittsburg Shawmut & Northern RR. been f'-l Corp. of Canada, Ltd.—15-Cent Common Div. Other The directors on 3,632 value, payable Feb. 1 to holders of record Dec. 31, and the usual quarterly dividends of 1 Vi %. each on the 6% cumulative preferred stock, par $100, and on the; 6% cumulative preferred stock, par $50, payable Jan. 15 to holders of record Dec. 19, all subject to the approval of the Foreign Exchange Prov. are have 29,397 2,347 common Income Federal 1942 the 1941 Revenue Act plus an $315,000 for additional taxes- which ♦Loss.—V. on $1,717,598 1,583,970 $137,321 28.294 the 1,583,970 $893,443 for tember, 1941.—V. 156, Net $92,858 on 550,000 $2,477,413 — 42,138 $123,498 Period End. Oct. 30— $1,844,976. 1 $179,459 44,359 charges directors share per $2,267,598 550,000 proposed 1942 Revenue Act. This additional amount is being spread monthly upon the basis of taxable income. The companies do not consider that they have any liability for excess profits taxes. Fdr comparative purposes Federal income taxes for each month of 1941 868. p. Power each Stating the basis pf exchange, in terms of the consideration to be. paid only by Phillips, the company will receive in exchange for the 43,928 shares of its common stock, 18,749 and a fraction of common • $167,857 income 156, 3,357,808 $3,027,413 upon imately Total common $98.40 for delivered. so income Net —V. ' stock based 8,500 7,257 k bonds on 3,350,240 $261,945 requirements———— 33,150 accruals- reserve Dr39,637 $5,625,406 278,821 — dividend $170,959 (net). income.. Gross ment (No. 2-5064, Form A-2) covering 43,928 shares of common stock, (no par ), for Issuance if the company exercises an option to acquire the capital of Alma Oil Co. r ' " " "V shares 26,226 —— income.. income Gross Retirement Other registration a income Interest Phillips Petroleum Co.—Registers With SEC— The Other $8,932,881. $9,763,594 —-__ 18,536 $160,601 __k_-; operating 67,489 $6,377,654 $540,766 the Net Utility ,930,100 3,625,790 ": 20,132 -4—-—— 20,710 808,300 686,300 $100)— (par stock Common •Surplus taxes Income '.taxes 166,801 1,288,653 —_ 29,632 —i— $5,665,043 .2,268. , $226,251 •Accruals 688,356 163,792 accounts Federal $1 ,800,000' —k~———4.—$1,200,000 868,958 — payable Accrued Maintenance $6,310,165 - dividend requirements— Period End. Oct. 31-*— ' u__——$9,763,594 $538,498 6,281 Balance Coke Co.—Earningsi.— 550,335 2,395,494 $504,882 278,631 Balance 1 Sept. 30— 1,174,975 2,654,953 $498,601 Balance revenues 66,940 210,555 (net) Prior preference 1155. p. 191,681 Notes payable income i<- America—Registers With SEC— Dec, on Rico Gas & Operating 1,523,266 97,699 revenues oper. (Revenues Porto 1,093,705 1,551,523 taxes. share has been declared en per filed with the SEC a registration statement (No. 2, 5066, Form A-2) covering 65,000 shaies of capital stock (par $51. to be offered to the public at a price to be filed by amendment. The shares are presently outstanding, and proceeds will go to the selling stockholders and not to the company. Underwriters propose to purchase a maximum of 42,064 of the 73,360 shares now owned by the Lehman Corp., and 22,936 of the 40,000 shares owned by General American Investors Co., Inc. The underwriters and the maximum number of shares which they are to purchase are as follows: Boettcher & Co.. Denver, 21,032 from Lehman Corp., and 11,468 from General American Investors Co., Inc.; and Laurence M. Marks & Co., New York, 21,032 from Lehman and 11,468 from General American. 2,157.287 (neti 1,320,363 129,302 232,054 income Preferred The 6,676,270 91,093 128,044 taxes Other Inc.—35-Cent Dividend— 308,184 \ interest Total ♦Federal Other 4,437,037 299,371 ;; v —... . 3,171 supplies Advertising 989,286 3,847,458 2,084,474 (net) assets—— and equipment plant Prepaid 1,900, —_____—..-.I-——vk.. Investments Property, 16,663 receivable accounts $253,607 —— Inventories.. 1,291,968 the common value, payable Dec. 21 to holders of record Dec. 10. with 15 cents paid on April 11, last, and 50 cents on These are the first dividends since Aug. 17, 1939, when of dividend 7,978,058 124,718 ——— ______ Balance A 590,399 772,134 Depreciation Net 21,365 in the amount of $96,985 in 1942 the above costs and expenses. excess profits tax has been made of excess 1942. determination final pending liscal ■ 1941 are included in provision No —■, Depreciation in $98,561 (2) \ share on 475,000 shares of common Notes—(1) and preferred stock—. on 2,893,922 939,763 $750,519 —————- profit Earns, per 917,326 " Pollak Mfg. Co., 20 Dividends 1612. p. 3,484,576 1,543,337 1,462,264 income— oper. 4,389,575 1,864,648 railway 156, This 12,050 5,372,788 from 'railway.—. Gross Net Net selling $1,626,787 $20,990,037 $17,904,113 $1,853,252 revenues.— Maintenance 60,171 profit and Operating 1942—12 Mos.—1941 1942—Month—1941 Period End. Sept. 30— Operation From Jan. 1— Administrative (& Subs.)—Earnings Puget Sound Power & Light Co. railway—— railway__—__ from Gross $7,054,762 5,206,354 .' income Operating October— 1941 " 1942 the miscellaneous in of nine The Oct. 16% 12 months items.—V, months 156, the Oct. 31, adjusting deficit oper. Ordinary income communication) (non¬ ordinary inc.— Gross Deducts, Net from ord. inc. $83,992 income Deducts, from net inc. 67,000 153J97 $16,992 $58,805 592,195 dividend period p. ended $83,900 preferred 1942 of of Net 1509. ended Sept. 30, Balance —V. 156, — p. 1420. $145,191- 492,673 : $296,941 (& Railway Express Agency, Inc. i • <j» i QSher Total Express taxes ' distributions 25 u— 91,255 853,598 809,258 4,612 6,341 58,525 174,587 ; Net from Net 46,292,092 Payments to rail and other carriers—express privileges.r. ;V Air Shipments Doubled— *'•'V ;; ; r ''Rail revenue'/ 10,304,529 transp. 72,477,426 5,443,537 $565,117 $478,418 189,794 90,889 236,649 159,500 138,052 42,000 6,335,495 5,847,076 • 2,163,019 1,859,966 2,777,230 1 1,523,116 1,277,331 5,959,654 2,096,136 1,438,637 from ry. oper. —V. . railway $5,186,039 $5,144,939 801,420 780,349 761,690 49,776 82,143 320,047 581,279 796,033 976,004 profits profit Net Earnings 1,859,829 ——— " 1,756,771 ' $2,139,109 ; ■ stock .. ••• <1942 Earns, — __ Total 1940 "After Jan. > Total ry. oper. $2,547,325 $31,757,695 oper. Dr94,625 Dr34,603 rents ry; Net $22,849,285 from ry. sales 869. « . from Gross from Net railway.... • railwayL... income... oper. ry '- • 1942 $2,635,416 1 534,715 272,447 ' from Net Net —V. 156, p. income... 1613. '< 'V ; 7,839,597 2,022,860 7,081,025 1,798,922 2,121,328 763,938 Years Ended Net $4,633,318 1,369,943 1,113,874 68,673,145 48,669,841 37,831,199 13,633,251 6,567,462 19,867,537 10,425,554 3,616,557 , ■... railway-— Operating revenues "Operating expenses *t-—- $650,871 465,624 ry. 1939 " $593^7 Net earnings Ry. 61,647,371 19,826,262 /.■ ' 17,697,661 16.042,724 13,864,484 5,961,778 $207,812 40 b" $185,287 from 403,743 —----.--/.--/---A. 15,852,629 11,027,399 6,365,521 1,139,919 7,982,069 824,632 2,724,615 714,755 1,258,003 6,730,641 7,478,152 4,392,763 income charges deductions Income Net 90,551 —86,762 income —... "Includes provision for $98,525 $117,321 Federal income taxes 1942, $60,275 and 1941, ———-— - $34,590. Balance profit On plant (including intangibles), $5,498,448; miscel¬ and special deposits $440; cash in banks and $124,359; accounts receivable (less reserve of $3,986), $76,850; accounts receivable from affiliated company, $1,520; accrued utility revenue, $32,286; materials and supplies, $35,384; prepaid taxes, insurance, etc., ,$15,707; deferred charges, $1,728; total, $5,786,722. investment first mortgage 5f* gold bonds, $1,695,000; due to New York Water Service Corp. (loan account), $277,000; accounts payable (incl. $189 due to parent company), $30,243; customers deposits and interest, $4,309; accrued general taxes, $29,501; accrued Federal income taxes, $66,843; accrued interest on long term debt, $7,062; miscellaneous accrued stock (2,000 shares no Net from rev. 1,029 *27,351 *28,415 par), $50,000; $6,284; customers' advances for construction, $26,667; un¬ $167; reserves, $621,696; contributions in aid of con¬ struction, $38,725; fcapital surplus, $1,792,919; earned surplus, $1,140,307; total, $5,786,722.—V. 156, p. 788. Ry. ' . $4,818,806 1,111,415 120,699 *202,274 which the to 1,260,000 1,260,000 $4.63 ($5 par). $5.20 1,260,000 $2.73 the tax months 10 the tax the on ended the portion June the of 1942, 30, is year's income applicable computed at 1941 rates of the year's income applicable to the two months ended Aug. 31, 1942, is computed at 1942 rates. (2) Provision for depreciation amounted to $921,160 in 1941 and 1,322,397 474,261 250,988 *88,281 on in $1,130,145 portion 1942. Balance $19,641,935 249,067 9,183,689 hand... accounts ; 255,373 investments from ry. $1,094,041 $10,713,619 $7,462,921 buildings, 1 135,568 3,423,357, 1,637,366 "f. income $969,720 253,843 $7,679,872 349,313 2,522,618 $5,924,535 2,618,053 $620,407 $1,136,690 , $5,825,554 11,247 8,606 Deducts, from gross inc. . $7,590,262 V 89,611 $5,157,254 $3,306,477 $958,473 $1,128,084 income Non-oper. . preferred, stoqk ; Common stock Accounts Net'ry. oper.! income- and $882,847 income Dividends 98,981 $16,214,900 $16,795,00(1 ... payable 6,300.000 — pay. and accrued liabs—' ■ —— Sundry taxes payable and accrued—.—— 10-year 1% sinking fund debentures.— 4% fund debentures———: sinking for Reserve Federal payable Capital 1957. 156, p. taxes..— — surplus (non-current)^ Earned surplus —_ ; stock ... — Listing of Committee of the New York Curb Exchange has shares of 1941 in common 1941 in shares 1941 in $4,799,897 pursuant to the agreement of merger of Oct. 2,802,393 24,000,000 6,233,988 36,283,007 Drl02,902 — "After the corporation for the listing of 214,667 stock (par $1), upon official notice of 16 between the corporation and Gulfboard Oil Corp. The total number of shares now applied for is 799,884 (of an authorized issue of 1,000,000 shares).— application of the proved 8,196,062 14,750,000 —$116,026,602 $98,768,676 reserve for doubtful accounts, allowances, etc., of $504,154 and $550,000 in 1941. tAfter reserve for depreciation ot Total ap¬ 5,389,755 229,281 838,154 690,852 13,800,000 1,200,000 I)rl00,636 — —^ 6,300,000 7,592,769 220,727 6.299,816 40,862,112 Salt Dome Oil Corp.—Listing-^The 1 $116,026,602 $98,768,676 — accept, (!Notes Net 779,386 16,769,965 1 • Liabilities— v 5 VaS 360,790 367,608 1,712,349 17,619,388 deferred charges——... machinery, equipment, etc... trademarks, goodwill, etc.. — Prepaid expenses and Brands, oper. . 96,369 156,00Q 751,608 ; Total Deducts, 54,621,554 ... 156,000 ... 230,142 24,349 28,716 oper. ry. 23,888,041 ■ ' grain future contracts securities Miscellaneous $2,089,753 30,669,891 receivable—. Inventories 1,923,932 1941 $1,756,113 63,361,252 and on Deposits on $7,232,779 81 Aug. 1942 in bank and "Notes $9,156,711 $1,069,692 $10,458,246 $1,460,153 Sheet, Assets— Cash $1,318,759 $2,734,210 ry. oper. income income. oper, Other 156, $5,895,335 and and San Antonio Cvalde & Gulf October— Gross . 1942 $169,738 41,390 railway—__ income oper. ry. •:••• railway—~ from from Net . ment.—V. shares in payable 1,120 *23S 1 1940/'/ . $100,723 October— 1939 *6.281 Gross Net * railway.—— 1,496,519 164,052 1,154,819 76,484 income *241,775 *244,895 railway—— from from Net oper. ry. 17,502 1,001,769 • *2,891 1,162,757 *196,530 Deficit.—V. to 1942. ^Represented by 1,200 of ■5Vz% preferred stock at banks under bank credit agree¬ in 1942 1 declared a year-end dividend of 85 cents ' - 2,726,783 $317,471 income Interest and 186,553 31,394 391,368 357,575 62,346 14,661 414,306 164,421 24,924 318,447 285,136 $755,764 $48,498 ———.' amortiz... $681,060 Drl,740 Dr21,875 19,398 $47,835 (net)— $67,288 Dr663 revenues- oper. $2,775,711 1,026,261 194,365 26,775 taxes. —-— 1,453,575 19,854 32,775 taxes $3,453,121 90,269 18,186 Depreciation $248,391 128,892 Operating revenues Operation Maintenance Net 1942—12 Mos.—1941 $65,548 $659,185 $775,162 31,227 31,207 376,079 374,855 $16,608 requirements $34,341 $283,106 $400,307 149,115 558,400 483,967 39,138,438 6,649,200 2,768,002 35.987,329 5,910,876 2,193,040 24,360,868 8,307,735 Sears, Roebuck & Co. 1942—Month—1941 805.230 531,083 35,361,258 87,857,870 oper. 909,329. Vv'>/ income—. 156, p. 1958. ry. 1939 $3,893,383 $4,182,007 1,021,197 railway—.... from Net —V. $5,760,922 4,574,90.9 railway. 1940 1941 $10,276,731 52.338,767 12,964,752 Net " 1942 • railway: railway...— from Gross 114.545 Savannah Electric & Power Co.—Earnings— Balance share on the capital stock, no par value, payable Dec. 21 to holders of record Dec. 11. This compares with 30 cents paid on June 26, last, $1.25 on Dec. 19, 1941, and 50 cents on June 27, 1941.— 1957. p. Net ry. oper. income—. S From Jan. 1— 1613. p. Period End. Sept. 30— Other income Dividend of 85 Cents— 156, from Net *15,020 *305,972 . from Gross $130,559 *36,264 *31,869 156, notes Seaboard Air Line Ry.—Earnings— RR.—Earnings— 1941 X $123,000 1,418 ^Unsecured cost. 1613. p. Other Dec. 941,875. 1,259,881 outstdg. . other charges of $76,427 in *Less f-Land, "Federal revenue, on stk. 925,925 629,941 891,654 stock—.. common of com. under 1942- -10 Mos.—1941 $2,840,638 $38,850,091 $22,931,482 13,774,771 1,521,880 19,208,157 1,274,052 liabilities, The-directors —— — Marketable earned Ruberoid Co.—Year-End — cumul. preferred stock. 1941 and $43,071 in 1942. Notes—(1) Federal income and excess profits taxes have been cal¬ culated in accordance with the provisions of the Revenue Act of 1942 From Jan. 1— working funds, Liabilities—Common: — stk. taxes Consolidated • Net Sheet, Sept. 30, 1942 Assets—Utility laneous —— dividends declared: On SVz'/c $109,114 3,066 127,301 / 2,084,596 V. — operations— $207,871 — Total income sales 468,102 Cash 1942—Month—1941 revenues— oper. additional $185,247 —. —— * 95,390,328 —.— Prov. for Fed. inc. & cap. ^ $103,032 1,557,850 1940 $ . 26,602,021 on .. issuance Other income ^ 10,559,297 . 21,229 1,303,034 913,183 ; 1941 .\.u 568,368 2,825,483 55,447 oper. income— "Deficit.—V., 156, p. 1613. Net Ontario Water Service Corp.—Earns, and taxes 1942 ... rubber. Subs.) (Incl. 1,019,979 $169,354 2,740,836 synthetic 31 ' from Net —V. , £650^71 ■' '■ of Aug. and sold profit Interest 1,235,226 . railway'——— from on 32,981,921 goods and , Messrs. work production, alcohol 119,210,643 — Of Total Ry, —Earnings 1940 v■"••/... its to 81,473.633 Shs. 1941 war of some 152,192,564 121,992,349 Net 1942 v..' activities, addition the royalty- that adding to Ended ... it development of a process for grain, which, when converted into . y. : States conversion the ;■* allowances . 15,284,261 5,906,146 „ United offered In ingredient Years ' created advertising, distributing, admin., & general expenses—— 37,869,994 23,995,843 railway--.: $359,716 railway—205,172 oper. income -147,476 ry. Gross 886,040 Sept. 30— from essential for , Cost $4,583,798 1,597,855 $1,488,874 Potomac RR,—Earnings 1941 ,1940 1939 $1,181,453 : ; $750,477 $666,518 / 433,374 199,594 147,498 120,332, 93,252 156,366 11,358,106 4,505,731 Diol largely for and research its com¬ . the column" conversion undertook an returns, ^Treasury Rochester & Lake Butane less expanded Net year. production for strictly units, stockholders. stock capital $152,192,564, "Interest, storage and other income 1,914,724 from and previous period $5,706,105 & Texas the to dedicated "packed alcohol plant Account .. 3,607,650 ■ > 22,419,252 12,856,244 , of 1939 income^ of becomes ' -V/ 1780. p. told laboratory Income Sales, has war greatly problems butadiene, 1940 _■ of all Profit $500, 000 Yy-'.y and all on to contribution Schenley Jacobi production 1941 Period End. Oct. 31— 2,556,974 railway... oper. ry. and research . the totaled fiscal year. of the industry, capacity into has company many in the-1941 company the in 1942, Selling, Net-from Gross Gross^fnfm railway-.:.: already The 4,147,463 railway—— oper. 156, contribute call stock taxes equivalent to $6.33 income distilling company, the report said, availed themselves of the service. every Rosenstiel St. Louis Southwestern Ry.—Earnings—- Richmond Fredericksburg & October— the 31, full-scale a distilleries to have $9,168,928 railway—„ October—• } 607,509 486,o66 Outstanding com. shares 400,000 314,6(4 tEarn, per com. share. $1.33 $1.3o "After all charges and estimated Federal income and excess profits taxes, ton common stock presently outstanding after payment of preferred dividends.—V. 156, p. free $21,313,423 $10,893,968 141,252 77.706 1942, final until first have $7,982,069, Earnings per share——— 156,780 314.674 $0.42 196,737 400,000 $0.42 i whiskey 1942 railway to Federal share, a Aug. plant making covering patent Earnings of Company Only 1942—3 Mos.—1941 1942—9 Mos —1941 ^ $8,882,668 $5,338,350 $25,340,111 $13,293,953 ~ "Net'profit entire 1933, to with $2.16 or ended year military needs, $1,645,226 $21,172,170 $10,816,252 October. $100,000 St. Louis San Francisco > $14,750,844 Dr848,451 Cr31 Manufacturing Co.—Earnings— Rheem Public ' .• $3,833,193 for railway- from Net , Period End. Sept. 30— the the With since $1,480,456 $17,478,186 $13,902,474 $2,172,537 income. 1694. oper. 156, p. $1,650,712 $19,202,971 Rrl66,846 Dr 1,432,710 Dr3,410 Dr292,075 $2,301,765 income (net).... joint facil, rents (net). Railway / ry. Gross 12,554,724. , / 8,093,441 896,613 1,281,093 $2,724,615, the 31, 1942, for estimated income taxes. From Jan. 1— Equip. 10,093 oper. income From Jan. 1— Net Gross Railway tax accruals... ; ; .$1,655,319 11,711 * from from Net —V. $3,582,858 15,580 fixed . Gross ' ry. oper. 5,223,842 — / ' revenues Net rev. from for 1942—10 Mos.—1941 $3,844,905 provision to Oct. 1 October— .1942—Month—1941 1942—10 Mos.—1941 $9,146,235 $7,578,696 $84,734,211 $66,005,779 expenses 5,563,377 5,031,371 52,976,516 43,156,494 oper. for that which operations continue amounted year pared with $121,992,349 $5,934,206 $72,233,191 $50,739,845 3,940,635 46,531,760. 36,476,973 1,641,050 21,155,542 10,677,485 14,269 157,881 216,473 3,829,325 —_ charges ; , avail, Net ry. of sales 261. p. $0.77 $0.65 income has been com¬ on Reading Co.—Earnings— Total 156, $9,654,363 income.. Irom *Bal. $1,053,557 in :Period End. Oct. 31— taxes No. 323 1942—Month—1941 —— income Deducts. conformity with provisions of 1942 Revenue Act which be¬ came law Oct. 21, 1942, but without giving effect to 107* post-war refund of excess profits tax which, for the six months ended Oct. 31, 1942, amounts to $185,000. ' ■ i2) The consolidated balance sheet of the company and its sub¬ sidiaries, as of Oct. 31, 1942, showed current assets of $9,698,844 and current liabilities of $4,869,192, the excess of current assets over current liabilities being $4,829,652.—V. 156, p. 964. puted 1942.—V. income— oper. stockholders and will war compared discounts $0.25 $935,760 $0.22 Federal taxes for Provision (1) 23, revenues— income told report, activities the fiscal share, Gross A, 1941 ' $527,757 profit.. ..... of common stock.. net sh. per Notes trustee, Co., latest the common a ' y.-'/:'- Trust oper.. expenses ry. Other the "those •' in 75 Ended Oct. 31 Earnings for 8 Months Consolidated oper. Net $870,152 $1.57 $1.19 $0.47 . Dec. to Total y dividends; of Louis-San Francisco Ry.—Earnings of System— St. 948,089 $1,770,743 of share per common Union Louis St. Total $1,078,298 — initial „ • Period End. Oct. 31— excess tax winning the 171,697 Fed, for Sought— interest and 170,864 inc. taxes Frov. for Fed. Prov. income. other of won, to Broadway, St. Louis, Mo., will until 2 p.m. on Dec. 23 receive bids for the sale to it of first mortgage 5% bonds due March 1, 1959, to an amount sufficient to exhaust $22,071.16, and at a price not to exceed par The $1,789,063 576,350 and other expenses, net is directly income bonds into Tenders ■ the resources of this company, and first call on energies of everyone connected with it." Federal income 'and excess profits taxes and capital converted $1,869,565 of St. Louis 112,173 shares of class A stock. recently which Chicago, Service Co. signed victory . of been 1941. \ of have-declared directors 1941 <lFirst Call On Resources"— who President, cents each on the class A and class B stocks, payable Dec. 15 to holders of record Dec. 10. These are the first dividends by this company since termination of reorganization proceedings on Nov. 16, 1939, when it was returned to private management. \ One of the principal beneficiaries will be National City Lines, Inc., 1939 depr. for Prov, 1940 $4,370,602 operation. _ & depl. from Profit 1942 1941 Oct. 31- 6 Mos. End. Net 4,669,902 — St. Louis Public Service Co.—Initial Dividends— -Earnings- Subs.)- Rayonier, Inc. (& Net 9,972,635 income...! 1694. 156, p. The ^ —V. />vV" railway.... from Net ■ / of month each of war materials by the corporation on a 24-hour-abasis, seven days a week, and delivery of alcohol for war pur¬ poses at full capacity, which is in excess of 30,000,000 wine-gallons a year, are reported in the annual report released Nov. 30. Pointing out that the Government is looking to the entire beverage distilling industry, for production in 1943 of 240,000,000 wine-gallons of war alcohol, Lewis S. Rosenstiel, Chairman, and Lester E. Jacobi, 1939 1940 1941 225,323 v Federal in¬ purposes have for taxes Production $694,848 ■■ comparative For to the Revenue Act enacted in September, day 695,737 Net Division on Nov. 29 announced that it handled in the first nine months-of this year 15,085,345 pounds of air express shipments, compared With 7,927,181 pounds in 1941, an increase of 90'/*. Shipments for the same period were 1,033,761 as against 947,760 for the 1941 period, an increase of 97*. Gross rev¬ enue was up 112% i ' September air express continued to increase, principally because of the war production program. Weight of shipments was up 102'/* for a record total of 2,233,043 pounds, the highest monthly total in the 15-year history of the service.* There were 122,554 shipments handled during the month, 7,507 more than in September, 1941.. Gross revenue was up 125.5'/* over September a year ago, while ship¬ ments handled in rail-air service increased 30'/*.—V. 156, p. 1780. . Production -Earnings- $1,181,352 income.:.' profits Schenley Distillers Corp.—Annual Report—Gives War corporation's-Air Express The Int. Sept. 25, last, as against the first dividend paid since was 1942 : ;; From Jan. 1— Gross «• . • Similar 1421. 156, p. (1941—$5,640). excess restated to give effect —V. 156, p. 1334. and 26 which 10. 1942 and come the common railway— oper.' ry, on railway...—. from Gross 1 f June on 1942, 25, 1937,—V. October— funded Other deductions made were St. Louis Brownsville & Mexico Ry. 11,140,339 •Uw-r----- has been declared share cents per March on 10, Nov. 12,046,432 820,766 ———u on cents 10 payable Dec. 26 to holders of record Dec. stpek,, par $1, ' 95,843 expenses disct. & debt ' 11' 17,436,940 182,103,903 143,721,222 101,771,114 90,330,431 755,468 6,943,240 6,114,854 23,272,182 income & revs. Operating Int. income— & revs. $ 179,941.675 141,628.827 2,162,228 Vr 2,092,395 $23,039,969 $17,193,864 232,213 243,076 transport. for Charges ' of dividend A 1942—9 Mos.—1941 30, Sept. Ryan Aeronautical Co.—10-Cent Dividend—- Subs.)—Earnings— -1941 1942—Month Period End Sept. 30— 2045 THE COMMERCIAL & FINANCIAL CHRONICLE Number 4131 Volume 156 — Special Offering — A special offering of 33,600 shares of capital stock (no par) was made 011 the New York Stock Exchange, Dec. 2 by $60y2, with $1 commission. offering was the largest "special" which has been made on the Stock Exchange since this system of marketing stock was in¬ augurated earlier this year. At the close of the market the offering was terminated, with 28,846 shares having been sold. There were 376 purchases,- through 73 firms with the largest block sold amounting to 1,000 shares and the smallest to one shafe.—-V. 156, p. 1781. Goldman, With 149,115 a Sachs & Co. at dollar volume of $2,032,000, the per V. 156, P. 1780. Balance Debenture 1942 $392,467 $335,220 1940 $309,677 1939 $333,965 81,061 62,504 41,535 25,303 25,773 *18,108 73,561 49,390 3,578,468 672,354 3,171,569 402,772 2,968,995 — 209,213 2,867,835 276,868 income— 496,782 231,931 *66,153 53,398 October— Net from from Net ry. Net from Net ry , railway—.- railway. oper. «rn«nfrom' Preferred RR—Earnings— Rutland income— railway— railway oper. dividend "Deficit.—V. 156, p. 1780. 1941 for $251,193 60,000 60,000 $73,991 1942 (normal and surtax) and excess stock and surplus— Federal income profits taxes are based upon the 1941 Revenue Act plus an added provision of approximately $166,000 for additional taxes which may be required under the proposed 1942 Revenue Act. This additional amount is being spread monthly upon the basis of taxable income. amounts shown above for Federal income taxes include provision estimated excess profits taxes of $258,402 for the 12 months ending .The for Corp.—60-Cent Dividend— directors have declared a common stock, payable $191,193 requirements. Balance for common ♦Accruals $133,991 — — dividend Shell Union Oil The . Balance Oross — — Dec. 15 dividend of 60 cents per share on the to holders of record Dec. 4. This 60 cents on Dec. 19, with 40 cents paid on July 15, last; 1941, and 40 cents on July 21, 1941.—V. 156, p. compares Sierra Pacific Power Co.—Earnings— Period End. Oct, 31— Operating revenues Gross inc. after retire. reserve accruals Net income —V. 156, p. 1781. 1694. 1942—Month—1941 $226,909 $221,173 77,106 68,779 70,571 61,561 ' 1942—12 Mos.—1941 $2,582,117 $2,486,281 632,187 532,378 825,570 725,950 ••• THE COMMERCIAL & FINANCIAL CHRONICLE 2046 of cents 40 per The 1941 $577,122 304,352 bus) —__— -- Maintenance Provision Taxes 1942 and (railway revenues Operation $486,464 282,235 i depreciation ' —A The 38,848 earnings income Other ending earnings $51,590 Drl,166 1,804 > $77,999 —_—28,866 $53,394 41,290 1,346 1,926 ———-1— Amortization debtdiscount debt of income Net —V. — long-term on 156, and expense—— total of 156, of first due July A, ' Trust 1949, Eank of Bank Trust & Bend, West Cincinnati, Co., of $1 $2 Dec. 21 on Wise., at or called for redemp¬ Ohio.—V. 155, Net 2189. p. ;• 10 \V of one was 7 :A... ,■ 28,442 *" 30,392 A-'A- '*'' A- The 270,984 324,817 180,027 railway—i.— from Net Net i56, - * 7,932,683 2,626.496 1695, ■■ of dividend A distributions and on been declared the on making Nadler, stock: will A stock, common Dec. INet 30 and 40 of cents share per payable 25 Sept. 30, last, cents each to were made each quarter during and in March on 156, Gross Net Gross from 15. Net 191.304,770 117,223,511 59,580,350 railway income— oper. ry. Period End. Oct. 31— and 15 138,253,377 of a-a:., cents 50 Sept. each last, 12. 50' cents made on the stock common Federal 1942—10 Mos.—1941 A $ State, 22,112,350 468,558 oper. taxes- county facil. Net 9,861,879 9,527,614 140,530 42,263,018 1,773,672 2,915 63,479 22,738 Drl32,314 Dr57,249 Dr984,299 7,663,328 78,150,756 tire authorized from Net ry. railway 1941 $1,201 income—. 1940 1939 *37,363 ■ $782,425 7,062 Net from ry. :' rubber will sold be which now such tires, obtain to a .-.a'a *24,858 57,525 4,463,091 269,602 *128,728 loss.—V. or 3,642 '"126,183 income—_ oper. 93,241 156, 7,639,092 6,206,097 535,511 465,445 277,029 288,633 ' > ' - stock, payable paid were in of also cents 15 Dec. Stamps by in are from ry. paid to share has holders Sept. A 15, Dec. on -f'- no 1958. p. A of 30, been declared Dec. record last, year-end 1941.—V. 4. .7]/?'i V of Net ^' " ' i. S''' '. this Net of 20 capital of cents 50 amounts with 15 cents cents share per October— Gross Dec. each Net pro¬ a Net Net ry. 1941 1939 were 86,294,509 income— 32,814,375 81 892 030 25,705,994 25'300'976 16,119,529 26,699,260 —Week End. Nov. 21 16i249',128 Jan. 1 to Nov. earnings p. 1958. 1941 1942 $ : j income_„ railwdy railway—™— dividend Gas 105 and Trust The been interest. Cot Co. Gas that 3,774,170 240,626,838 for Payment also first all mortgage called of New York, company Mexico first Co. have interest be made Deaborn bonds and at St., the the : 1,282.677 818,641 731,055 1,000,000 $2,599,568 $2,840,650 19,746 $259,312 $2,619,312 140,542. 1,686,500 * ;• 21,274' . $2,861,924 1,686,500 • 56,695: A'$105,422 $115,764 to preferred stock__.x__ $876,117s A" 375,678 ..34.19L : $1,141,233 375,678' $500,439 ______ for Federal of taxes $46,017 $765,555 for the current twelve months ended Sept. 30, 1942, addi-' required under the Revenue Act. of 1941.—V. 156, A:A■"1:v,/V A* :-A: A.-■* A * Ry.—Earnings— income^.. ; ■ ■ " . 1941 A* *-'■ " ; • 1940 A . 1939 ' ■■ A $116,727. $118,249 ' 33,079 397,264 $77,389' : 30,656 19.024 ; . 10,651 s * 1,143,904 797,080 403,354 AA 174,006 276,126 V 541,663 A . ' , ' '43,252 14,050 29,610 * 772,499 156,823 80,367 64,805 . . ' *« - 1942 $10,288,054 >5,538,389 2,430,191 3,325,682 2,818,050 railway.::. 80,640,119 railway::.*:: 38,144.626 • ; railway.:...' income.:. from p; 1940 ''''*' < A 1939 $4,376,256 $4,350,191 1,439,107 1,558.170 913,232 1,031,315 48,77k503 37,367,127 35,799,35(1 17,131,731 9,244.104 > '9,101,250 10,822,558 A 3,762,534 • * income... A 18,699,134 oper. 156, -'; 1941 . * $5,904,526 "' 1614aiAV;--A,':avA:AA :A: 162,890 906 of the sinking 3,895,230 :.AAAa;::* ■* *aa a ;;; ;; ;/ , will be 4%% as made at of bonds Dec the 28 of cents 90 dividend stock, $40,693,804 $26,393,105 2,138,187 23,854,899 17,406,448 A 809,244 ; A 352,261 6,475,460 2,636,905 93,036 65,278 1,043,077 880,295 Cr2,349 Cr3,073 Cr21,382 Cr22,457 $1,590,978 $681,356 ;A a38,215 37,924 tax accruals:..* with Dec. Marine Midland 120 Broadway. N. Y. City announced that all of the outstanding due mortgage V -V-aC' series A 15-year series First Chicago, B bonds National 111.—V. at 104 Bank 156, p. and of 1958. Chicago paid $287,994 135,121 95,259 $158,023 $144,497 23,096 9,146 30,156 *15,111 *25,136 *9,167 1,493,706 213,557 *131,574 1,348,161 v 98,012 *220,193 V 1,373,860 141,973 *209,811 Payment trustee 38 will So , *111,1 ■■1 dividend of . ■ fixed for on June 30, share has been declared on the $9,341,750 $5,491,914 408,151 i • 371,837 >,— $719,280 $9,749,901 7,417 40,668 $5,863,751 42,517 $1,623,255 156, ' 1958. p. $711,863 $9,709,233 $5,821,234 323,217 320,111 3,193,257 3,208,394 $1,300,038 $391,752 $8,515,976 $2,612,840 , — income Net —V. . , .. .. This 1940; 1942—Month—1941 revenues.... Operating expenses •Federal Other $1,151,647 taxes 423,277 66,713 100,000 , A , 5,372,801 4,725,93G 177,899 199,939 taxes 1942—12 Mos.—1941 ( $1,136,136 $12,365,824 $11,801,993 413,250 Property^ retirement re¬ serve appropriations. ;'"1- , . Texas Power & Light Co.—Earnings— Operating common . , 1,404,317 A 747,820 1,088,003 61,925 100,000 1,200,000 limited-term of investments 669,092 ; 1,163,681 - ' A' 1 .... 551 712 7,874 5,222 revenues..'. $371,194 $372,323 $3,633,012 $4,150,056 1,808 2,532 20,604 19.264 $373,(002 $374,855 $3,653,616 $4,169,320 170,417 2,045,000 2,045,000 120,000 120,000 116,401 92,293 share has been declared on the common per Net oper. Other Income (net) , income ....... Int. on mtge. bonds.... 170JI17 declared on the common A like amount was and Dec. 1, 1941.—V. 156, Int. on debenture bonds lofooo f 820 share has been per and on June 30 Other int. & deducts.:.. Int. qhgd. to 10,000 ■ 6,314 CrL 837 construct. ► Cr8,18l 1695. Net Stromberg-Carlson Telephone Mfg. Co.—Year-End A Balance year-end dividend of 50 cents per share has been declared on the stock, payable Dec. 10 to holders of record Nov. 30. A similar was made on Dec. 24, last year, which was the first ♦Includes common distribution payment 1335. since Dec. 1, 1937 when Income 12% cents was disbursed.—V. 156, $187,602 Divs. applic. to pfd. Dividend of 50 Cents— p. • Corp.—25-Cent Common Dividend— cents last, "'■* *.,.«* -Charges'.-.—..'-^: v Dividend . 25 1 r* $1,629,193 A *5,938 , deductions avail. Inc. Fixed charges A , New 5% interest. iV'a 4 income Miscelk stock, payable Dec. 28 to holders of record Dec. 3. p. May :A 1939 >. 27, Stewart-Warner A Jan. trustee, (netl.:., rentals (net).. .' Net ry. oper:, income. Other income ■' . rentals facil. Jt. payable Dec. 19 to holders of record Dec. 5. This 17% cents per share paid on Dec. 22, last, and 7% 1939.—V. 149, p. 3884. ; . $1, par on cents of 30 Mos.—1941 $3,234,009 • $149,813 per T942—10 1942—Month—1941 $5,188,989 Amort, South¬ at v expenses2,698,080 Gross 1942 ' revenues, - due Railway—Earnings— Operating March 29, $1; $1, par compares outstanding Texas fund redemption Pacific Period End. Oct. 31— the common 156, p. 966. Sterling Brewers, Inc.—30-Cent Dividend— sinking fund 15, 1951, and first mortgage series B 15-year 5% sinking fund bonds due Nov. 15, 1954, have been called for redemption on Dec. 28, 1942, the series A bonds at 103 and convertible f 3,006 railway...* from Equip, payable Dec. 21 to holders of record Dec. 12. compares with $1.25 paid on Dec. 15. last; 80 cents on Dec. 24, ana 40 cents on July 27, 1940.—V. 154, p. 1305. stock, A r announced company 15 1,270 railway.:..' '•''*'; $131,723 Texas & , Southern Union Gas Co.—To Redeem Bonds— 1956, and 1 Oct. on $258,042 railway.::..J-1'*'*43,024 oper. ry. —V. n• 1940 1941 income.— 156, p. 1614. oper. ry. cents The made 1,980,357 83,333 3,638 From Jan. .1— Net "y.' Sterling Aluminum Products, Inc.—90-Cent $ 6,160,044 —— western 1, July 1,000,000 . 140,542 Period End. Sept.-30— 1941 $ 156, 15, 175,104 ' 67,241 . 1942 oper. Net ry. Net 21— 1942 $ Gross $249,602 provisions from Net • Ry.—Earnings- ♦Deficit,—V. A railway— 165,590,286 114,466,189 71,533,014 42,713,901 Period— —V. from from Net 1940 railway— oper. also were share# per Quarterly distribu¬ April $301,806 for the from Gross this com¬ 2,163,899 667,625 289,392 railway.^-railway— oper. ry. Net railway from 10 cents 5. on Texas & New Orleans RR.—Earnings— railway,. from . of dividend this issue 1.131 A" October— From Jan. 1— From Jan. 1— Gross 211,221 railway.:.::.,., Net ry. oper income.^. A ; —V. 156, p. 1614. ' 30 to holders of record Dec. 16. made on March 30, June 30 and 1942 . from from •Net $20,011,735 $13,527,523 $10,206,264 $10 098 560 9,603,978 4,714,416 3,739,666 3'977 213 oper. income— 4,295,069 2,710,532 2,656,699 2919 821 ry. 206,698: v 1942—Month—1941 1942—12 Mos.—1941 $982,108 ' $916,896 $10,773,081 $9,509,825' 365,935 333,176 4,374,517 3,655,443 . from Net Ry. Sept. 30, last. Payments during 1941 were as follows: 28, $1.50; Sept. 30, $1, and Dec. 30, 75 cents.—V. 2099. p. 1942 from from 486,912 242,216 operating share has been declared on per payable value, par Distributions cents 75 Staten Island Rapid Transit the Like compared as dividend 155, on Ry.—Earnings— October— Gross 68,064. 2,014,545 r ^ > Starrett Co.—75-Cent Dividend— dividend stock, 156, 4_•> " (L. S.) Gross Southern 89.513 A, 519,613 380,469 A' *,l',;From Jan. 1-— Gross from railway.'... >. 1,427,243 ? President and Executive Head of Farish, death.—V. 'k. Corp.—10-Cent Dividend— per and quarters. preceding was 10 June 30 on 694,562 $248,471 AA Net - June 1614. p. Southern Phosphate dividend : 1939 . $261,554 • 2287. —i and Total A > v amount , p. (net)....' applicable from Gross 1958. certificate from (New Jersey)—Obituary— Standard Oil Co. A railway— railway— ♦Deficits like .October— the only William 81,060 *39,123 ' $815,565 *4,105 from Net '2,166,356 record Dec. revenues... 1246. Gross From Jan. 1— Gross buyer required be board. difference in The Farish's $12,186 railway.-—'4,032 oper. of 155, A Texas Mexican ; died suddenly on Nov. 29 at Millbrook, N. Y. Ralph 'W. Gal¬ lagher, who was recently elected Chairman of the board, will fill the jobs of both the Chairman and President until the board of directors can decide on a man to fill the vacancy created by Mr, Lines—Earnings— 1942 • from / 2,446,558 . pany, Southern Pacific SS. Net reclaimed sale of the will The 52,463,527 1958. p. October— Gross of made duction. Dr577,826 13,425,047 income— 41,881 83,333 tional to the amounts the appearance of the tire will be a stencil leading "war tire" next to the serial number on one sidewalk ; At a speed of less than 35 miles an hour, the company said, the new tires will give reasonably satisfactory mileage, but it warned that underinflation must be avoided.—V. 156, p. 1695. 889,338 39,323 on approps. •Includes ■ 1942, for rationing 6,014 (net) rents ry. oper. 156, kwh. 137,910,000 3,161,204 901,201 principal- A; 61,914 A extra an interest month (net)—— Drl,850,883 Drl,440,192£)rl5,278,171 Drl.842,874 rents Jomt with 3,155,299 4,859,730 ; taxes compared as 4,320,168 > of 1940 > $231,566 73,307 —73,148 Balance the 4,320,184 ' cerpo-> payable' . in 351,718 1 taxes Miscellaneous Equip, 82,524,754 and 1% of the non-cumulative- due ... 1941 $252,015 ' ' v made mtge. bonds.... on Dividends on 351,690 city and taxes Federal 10,887,960 155,241,955 468,603 ;' 411,916 " were 1941—V. V; Net income it, was announced on Nov. 27. The company stated that the would be available at its service stations as soon as the company, new tire" "war new 376,707,762 244,539,365 taxes 1 declared each taxes....... taxes Other Standard Oil Co. of Indiana—New "War Tire" Ready 221,465,808 ry. 6% be rate the at A'",:'; stockholders of to Payments 31, ret.,res. Net 18,959,433 insur. companies system for the week ended Nov. 28, Co. kwh, operating utility corresponding week last year, an increase on 4.9%.—V. 156, p. 29,847,393 retire, last. Net oper. against 62% cents on March 14, 1942. June 10 and Sept. 2, 50 cents A * A a a as 18,816,182 47,630,354 Unemploy. the to • . .. were public of' the 165,662,000 25,518,004 fr. 1422. indenture of which declared interest ; ; A-v:"AA have 15 cents Other income share per Electric Co.—Weekly Output— Gas & Standard Gas & Electric revenues—__ rev. 10 •Federal 1941 were as follows: output Government Net 1, last, and to 15 38,388,169 162,014,611 under .71,427, income.i. 1614. Dec. 1, Int. dividend of a Dec. 19,061,284 '•* common Distribu-j 8. Ry.—Earnings—" i Gross income 39,683,813 «j> the on Jan. 156, p. terms'of the has . totaled $ record 1941.—V. railway.—3,305,162 p. Dec. Prop. p. expenses— oper. oper. —V. payable ■ Standard , System 1942—Month—1941 $ Ry. 144,270,197 65,123,420 41,547,727 Earnings of Transportation Ry. stock, ■- Electric railway— 296,064,001 from the 3256. p. Central directors Other from From Jan. 1— Net 520,237 472,682 ;A ;A:A$0.95 each, and Dec. 20, 62% cents.—V. 156, p. 1695. railway— $37,341,099 $23,930,680 $17,480,293 $16,582,651 from railway /_" 16,577,992 8.495,131 6,343,068 5,509,955 ry. oper. income— 10,103,470 5,884,395 4,378,952 3,395,662 Net declared 24 Nov. on common Payments during 1939 1940 1941 : to post war credit of $16,349, being 10% of profits. tAfter provision for income and excess excess directors the June 1941 1, 1933, income, Operating revenues i._. Operating expenses ,/ holders of record Dec. 4;; and the usual quarterly dividend of $1.25 per share on the $5 cumu¬ lative preferred stock, series A, payable Feb. 1 to holders of record Pacific Co.—Earnings— 1942 1, income—A oper, of and effect giving on Distributions October— ' ' taxes The on 31, 1941.—V. 1,502,399 2, June 1 and Oct. railway.-Vi—-VA/ 839,318 from Oct. $299,110 share—— common 50-Cent Common Dividend— been declared on holders of record has 31 Dec. tax profits Jan. Southern 1942 455,280 428,041 $0.90 ..A- — __ ____ per ♦Before the 1781.' p. profit Earnings Co.—Larger Dividend— $7.50, Distributions 17. June of par declared has been holders of to issued, Period End. Sept. 30—A *$569,059 (est.) for income and excess profits taxes Prov. stated dividend yeRi'-end the -1.512.123 V- ■' Texas Electric Service Co.—Earnings— Outstanding shares of common stock—. Southern Natural Gas 1,278,858 1,270,648 i.'AA^ held, payable Dec. 1 by The Marine Midland York, to holders of record as of the close of business New oper. The subsidiaries) 'r 30— Ended Sept. Quarter Payments - during 1941 each, and July 1 cents announcement of the current dividend, Carl S. that upon receipt of payment shortly due sugars already sold, a special dividend on the com¬ be considered by the board of directors.—V. 156, p. 870. Dominican for mon r • the President, ' $5,775,394 'V. • > debentures of from tions M 945,431 a * 808,738' -AAaaA- (Including consolidated domestic and Canadian Sept. 29, 15 cents each. In as 1942 —V. -151. payable (E. R.) Squibb & Sons—Earnings— com¬ Similar last, as Dec. 10. Sept. 26, record 1 and on Jan. 2, 1942. and April 1, 25 2 Jan. has to holders of April 1, July 2 cents 25 follows: as were share per Jan. made were with compared cents 50 payable stock, ' . Textiles, Inc.—Extra Dividend of 10 Cents— South Porto Rico Sugar Co.—50-Cent Dividend— mon $6,497,775 Building, Inc.—Interest— to were of Net ry. ■ ' ' . pursuant Sept. —V. -156, 7,259,386 2,008,705 . Street available* net ry. Net -*• 1939 ■ * 2,269,085 4,341,501 5.609,624 p. • From Jan. 1— 168,794 income-— oper. ry. —V. -■■■'• share 1 made on' Feb. were . •■ : '$820,547 296,494 railway.— from Net 153, 1941.— 1942—12 Mos.—1941 • 107,319 October—, A/.' 1942 from railway.™.™ $393,301 Net from railway-Li.ii.V-,-A 139,750' Net 479,242 >AA 241,068 ■■■'.. a: a;A 10.872,557 7,958,957 15,905,621 railway— from cents per of 30, 160,435 82,179 $993,641 676,881 V,'. 390,517 897,083 Av''a Aa-v' From Jan. l— Gross . 15, 106,630 Gross , 1940... $1,370,621' $2,085,131 1.182.633 Income... oper. ry. V 1941 1942 10 Tennessee . . ' • railway— 15,, - .. '% /.A;' debentures , 117,216 a-'A from Gross ■ 121,773 40th dated Co. Nov*. 11,722 625,474 • of directors, Trust 674,111 income— 1614. -VrA.AA- Dec. on $521,207 ' • 1, April 1, July 1 and Oct. amount 'A V" : 696,912 203,417 October— <;<; ;..;':7:,\a;v.a:Vv;A • ...< 1937.—-V. 3, 10 cents on Aug. -jr■/ '■ 62,858 ,< 800,136 p. retire. amount East ration $74,907, 23,693 $85,032 38,319 ■ $554,028 —121,049 like Jan. on 1939 \ 1940 1,307,628 oper. 156, June ,v:: 1942—Month—1941 : accruals dividend A . ' / Spokane Portland & Seattle Ry.—Earnings— holders of record Dec. 11. 21, last, and $1.50 each on pavinent previous i.941 " - stock,.par...$1, payable,Feb. • 36,686 ■ cents on declared on the .common $89,000 • after income Gross to 253. • This* Teck-Hughes Gold Mines, Ltd.—10-Cent Dividend— quarter.— /■;' the common stock, on year-end dividend of 20 cents per share has been declared on the stock, par $1, payable Dec. 21 to holders of record Dec. 14. The on- last,^ as 15,: each railway—— from ry. common p. Sept. and 15 railway— from Net —V. Net A share per 122,658 income—„ A oper. ry. From Jan. 1— Gross Manufacturing Co.—20-Cent Year-End Div.— Solar cents $198,505 railway——- from Net $10, par Co—Earnings-?— —I: —V. 156, p. 1782. A ; income 1942 railway from Gross Savings Provident the share has been declared per Sept. paid June on 12V2 of Electric revenues inc. out "of A'A'' stock, pref. common 30. . .A Period End. Oct. 31— Net Spokane International RR.—Earnings— October— This compares with March 21 and June 20, 1942, and in each of the four quarters of 1941.—V. 156, p. 1614. payable ; Operating 966. 1939.—V. 156, p. 8, 4% Nov. quarters. In addition, the company of $1.60-per' share and a dividend dividend 1958. p. 30 last, / , the on record of 15, ' declared been Sept. on preceding in has to: holders 15 to holders of record Dec. 4. share has been per share per Tampa a payable Dec, 22 to holders of record Dec. 9. < A similar distribu¬ made on Aug. 14, last, as compared with $1 each, on Aug. 5' 9, 1941; on Aug. 28 and Dec. 20, 1940, and on Aug. 25 and Net dividend 156, was 1 Sloss-Sheffield Steel & Iron Co.—$2 Dividend— A $1. V. Dec. Dec. the Continental Illinois National Bank & La Salle St., Chicago, 111.; at the First made at trustee, 231 So. Co., National made were cents of 75 dividend and at be will dividend a with 15 cents per share previously, paid 790. A,,*; V.-J(X:*. "j-;"- p. tion Samaritan refunding mortgage collateral trust have been called for redemption as and 1, 100 and interest. An additional $150,000 of these bonds have been tion.on the same date at 100% and interest. Payment cash * 1943, 1, in extra Gross Sperry Corp.—75-Cent Common Dividend— A $25,000 series Jan. cents of months four stock, payable 15' cents*paid 60 an tions of Hospital and Seton High School)—Bonds Called— A the 1 to holders of record Jan. 20.—V. 156, declared distributions compared stock, of for common share per 10. stock, par $1, payable Dec. common V. $10,178 $47,787 — Sisters of Charity of Cincinnati, Ohio (Good bonds, the on 25 1942.and ^A'.y^lAV :^/:,A share per with compares cents 35 payable, Dec. $5, par disbursed Fund, Inc.—12V2-Cent Dividend— have directors The the 789. p. cents dividend of A reserve Similar Net Interest . stock* 29,937 operations.......—$79,165 from (net)—. l\-.v dividend of $1.62%' per share, for the three 1943, was declared on the 0%% cumulative quarterly Jan. 31, regular Spencer Trask Net 16% preferred stock, payable Feb. i>. 1695. 50,572 A... — 75,042 Talon, Inc.—To Pay 35-Cent Dividend— on V 31, 1942, has been declared holders of record Dec. to months 72,129 —79,716 —_— tor 21 Dec. of dividend initial ending Dec. Ended Sept. 30— Months 12 Operating Co.—Earnings— Closed Co.—rBooks ./ the offering of preferred stock (par brought out recently by Dillon, Read & Co. and-associates.* v " on Initial Dividend on Common Stock— An Sioux City Service Service >■., v closed have been books $100) each, and Dec. 19, $1,—V. 156, p. 1060. 10 and Oct. 24, 50 cents July dividend a '. Stock Offering— share on the common stock, no par value, payable Dec. 18 to holders of record Dec. 7. This compares with 35 cents paid on Oct. 16, last, and 50 cents on July 6, 1942. Payments during. 1941 were as follows: declared have directors Public Southwestern Simmons Co.—40-Cent Dividend— The Monday;. December 7, 1942 stocks._t.___ the provisions p. 1246. amounts $1,380,396 $1,912,027 for required Federal . 805,050 865,050 $515,346 — month and $195,967 for. the to $188,124 $1,046,977 taxes of $44,446 for the current 12 months ended Sept. 30, 1942, additional the Revenue Act of 1941.—V. 150. unde'r Volume 156 ; THE COMMERCIAL & FINANCIAL CHRONICLE Number 4131 Southwestern Gas Co.—Bonds Called— Texas Co.—$1 Common Dividend— Thew Shovel , / adjusting dividend of 'during-; 1:941 and $1 f : per 156, p. 1158. $1.25.—-V. Dec. 20. May; 31, follows: were "as /-•;.':///;/ ft//../,. /•'// . '-.ft- and- bus operations 1942—Month—1941 (Railway -ft Total $1,501,952 -$1,316,777 revenue..!. oper", oper". expenses-;;1,058,527 Total taxes'178,580 Operating • 732,259 " 21,355 . 78.322 . Total income .! _■ .■! ! dedu ct lofts Total Net * $283,353.,;, income • ft/$908,452 ft., $540,155 ,,..236.722; v/, 813,853 921,910 $180,732 201,151 $82,203 —- -,. / *$55,989 Pa 9,092 3,150,000 208,113 251,404 117,400 40,500 . Net' profit Eanis, com*. shC ori per $1,549,164 $$1,075,611 $7,256,004 $3,152,595 Nil $1.20 $3.57 $0.30 after'estimated Federal income and excess profits taxes, $5i065,109;compared with the second quarter profit of $1,349,333 profit, Tide Water Associated Oil Co.—New Directora profit of $687,836 for the third quarter of 1941. A. J. Dockweiler of Dos Angeles/' Calif.,' has been elected V: /iNotes—i^II.:Roxy;Theatre, Inc. excluded from above In the Tide Water Power Co.—Earnings— 12 Mos. Ended Operating expenses __ Electricity- purchased for resale--:,-.-;Maintenance Provision ; Other ft : for depreciation for Fed. Prov. • inc. & •_ profits taxes. exc. Operating Income ft"'' $569,117 ft/ftft 8,710 ..— '"' income- • ; Interest i.. long-term on debt! Taxes assumed 23,853 ft- Other interest Interest ; ; accrued deductions— March 31, the il income Net last, of 50 which was the first- since cents , cents per share distribution of 25 a paid.—V. was 156, 1942 is based on profits excess .ft Act.—V. 156, estimated an tax is based rate A directors the on Nov. on declared 25 capital .stock,/ payable distribution similar 25 against \vas% Dec. -11 made A issue 194L—V. 156, 15, 10. Union Pacific 1941 with June • June , V. 156, 21 record last, 16, the on on the on This $2.75 15, Dec. with compares stock 1941, paid on dividend a the $2.75 stock were disbursed. on above issues were follows: as 156, p. 137,487 1784. 10 Mos.—1941 1942 $113,463 $1,722,097 93,133 1,443,821 613 $177,954 taxes 42,624 5,216 72,609 /, 14.906 A-;" / /!.: 6,.851 taxes Net ■■■'. ' • revenues... $18,710 $1,175,203 1,052,587 i■: 7,977 68,948 32,679 37,217 $51,389 oper. Gross Int. /. $45,756 466,748 574,648 $51,718 $624,791 $620,404 49,563 50,763 604,833 609,150 deductions 2,142 1,276 23,794 (deficit)..^. ://;,/: $316 $321 $3,836 income int. & Ealance ft bonds mtge. on —V. $158,043 $14,501 from lease of plant Other 15,112 ft $3,858 156, p. 1872. and on April 8, :' from Net from Net ry. 1939 1941 $104,588 $80,320 $126,007 39,301 17,680 15,360 30,156 5,672 4,237 '' ["! income... oper. 1940 1942 $131,095 -"ft,'.///'ft. railway.2./ railway 10,170 From Jan. 1— as RR.—Earnings— / Period End. Oct. 31— Gross ' r- 1942—Month—1941 from 1,111,247 730,082 665,368 623,831 266,916 118,098 55,505 96,755 32,691 79,836 145,528 railway railway.... income... p. 1616. oper. 156, 10,444 $ The $ Revenue revenues_____ 38,835,854 22,988,749 276,434,724 176,931.881 expenses-!-!/ 21,197,631 17,418,656 176,269.033 132,119,720 17,638,223 - Ry. oper. oper. Ry. 5,570,093 100.165,691 44.812,161 5,734,815 1,120,240 49,268,985 17,052,177 1,390,735 1.267,216 8,850,625 7.980,450 /!/ ; uki !—i. / i/U ■* Ta xes - Equip. & jt. '(net). facil. ■ ft directors able Dec, June last; 15. amount The dividend inc. Net . from of $1.50 per share dividend priority stock, pay¬ This compares with $1 paid 1. in share arrears at Dec. will be $19.25 per 16, 1941. deducting the 156, p. 1959. on June 1, after share.—V. rents Vick Chemical Co. 3 Mos. End. transp. Net ' operations Inc. dividend a $1.50 on.Dec. 15, 1941, and $1 per declared, just (& Subs.)—Earnings— to . declared 25 of record Dec. holders to 15 Nov. on accumulations on the $5.50 of account on on . Corp.—Accumulated Dividend— / Utilities Equities 1942—10 Mos.—1941 , $ $ of Federals- 3,182,637 10,512,673 ! from-: invests.- 19,779,534 42,046,081 1,574,534 1,173,414 12,151,200 4,356,051 54,197.281 28,882,758 1,168,859 11,824,952 11,685,317 3,187,192 42,372,329 17,197.441 Cr365,000 •After 9,103,224 12,087,207 33,726.201 sh. per cap. stock depreciation, 1940 t$l,044,248 $1.52 1942 1941 $1,335,689 t$1.082,468 $1.96 $1.58 Sept, 30— profit Earn, and 1158. p. i. the on on share pet share per * ftftftft/ft/ft: ft/ft/ 'ft/ /ft.'ftft' ft://'ft ft. Dec. Federal Gross share Dec. 7. per 1247. p. cents $1.50 account of accumulations 1942— Month—1941 /A: ___ $122,964 the last Utah Ry.—Earnings— Oct. 1942, 68% of $1.37 V* on 1941/while accruals revenues from declared on the common holders of record Dec. 10. This compares ' 50 cents paid on Sept. 21,. last, and $1 each on March 20 and 20. 1942. Payments during 1941 were as follows: :-March 20. 20 and Sept. 20, $1 each, and Dec. 20, a year-end of $1.25.— /; payable of on and both the $3 stock and $1.37J/2 expenses ry. dividend of 75 cents per share has been stock, / 1939 cents 15 holders to this on of and June 14, 1,. 1942, dividend a stock holders of record Dec, stock on Operating Net by period Light & Traction Co.—Earnings— —V. for corresponding the $3 stock and $13.06V4 on the $2.75 stock~~V. Net provision '40%, the .. declared preferred to 15 $3 and July on Utah 1158. p, dividend a March 20 and July each on cents July 10/Oct. 14 and Dec. Timken-Detroit Axle Co.—75-Cent Dividend— i of $29,407 - imposed rates on p. 615. As $14.25 5,187 '!!! or made when was June 30, Union Bag & Paper Corp.—15-Cent Dividend— The for- the calendar months Federal income tax for of $1.50 on 100,000 4,981 — ' I /ft Note—Provision the on 15, last, Cr3,257 ft Cr9,685 200,000 in . profits taxes excess (Including leased lines) ft' Dec. cents Rent stock, common series 75 June October— '$578,297. _ 16,453./ft 18,694/■ ' fixed capital-——- ry, and income amort, . !.„__ft..!—-'-2'' ft construction.!!.!/!!-..-.- to abandoned • Misc. expense charges charged of Amort, and has estimated 24 Nov. on dividend and payable ; ' 315,987 316,190 13,925 -. 13,925 ft. 6,553 ftft/'ft 4,800 — interest on that cor¬ declared by were directors $3 Other quarterly a $554,644 / • $577,828 ' Amortization of debt discount and t dividends no profits, credit. On on / * Gross income figures since The corporation excess 329,682 ft. 442,981 taxes Other above . ' 1 ft/ 19411% ' $2.75 dividend series preferred stock, earnings for the 1942 period on the basis of pro-rating its estimated on -/,-,/ 1942 ft. system companies for the week ended an increase of-14,043,164 124,614,990 kwh., production 1959. Operating statements. $3,847,641 $2,933,103 ft •; $1' Common Dividend— 1,341,174 1,005,366 ft ;„The directors on Nov. 30 declared a cash dividend of $1 per share .!—635,982 /._*/;» 476,619 ft on the common stock, no par value, and the usual quarterly dividend ' 5 213,285 ; "ft 162,514 • of. 37Va. cents per. share on the preferred stock, no par value, both " 379,324 280,509 payable Dec. 21 to holders of record Dec. 11, ' : •/ 265,779: 123,769 ft. Gross operating revenues-—— ' *. .. , .•'ft'ft/ftft'ftft'ft'/ft ; ft/ Sept. 30— 156, p. to the over United Public Utilities Corp.—Accrued Dividends— The and poration. (3) ft 12.7'//, or was- No portion of the earnings of National Theatres Corp. is included 2) . 156, p. 1959. 1942, amounted 28, kwh., Period End. Oct. 31— Thomas v; to: the board of directors to-succeed the late George N. Armsby./. Mr. ft. Dockweiler is counsel fof several oil companies and; otherwise/ inter-. ested in the oil industry—V. Nov. 380,000 ' v United Gas Improvement Co.—Weekly Output— 241,287 5,100,000 ''Portion of reserve for foreign assets at Dec. 27, 1941; liquidated declared," is payable oh Dec/; 15' to holders of this year by conversion of sterling to U. S. dollars. • record Dec. 1, Like amounts were disbursed on June 15 and. Dec. 15//V t-Not including depreciation of studio buildings and equipment last, as compared with 50 cents on March 15, 1942. Payments during; . ab>sorbed in. production cost. jLoss. 1941. were;a» follows: April 1 and July 1; 50 cents each, and Sept. 15/v For the third quarter ended Sept. 26, 1942 the consolidated net and Dec, 15, 75 cents each.—Y, 156, p. 1959. //ft;/' /. !•ft/ft'-ft;ft/': ' ' ft to will 1871. 156, p. 2,200,000 189,891 taxes!- income previously distribution, law, company dividend year.—V. common , the par The electric output for the UGI the year-end dividend of 23 cents per share has been, declared on theft stock,- payable Dec. 26 to holders of record Dec..-16. A similar A 2,095,972 ' - possible, profits excess whether directors on Nov. 4 declared an extra dividend of 30 cents per share in addition to the usual quarterly dividend of like amount on the common stock, both payable Dec. 15 to holders of record Dec. 5. An extra of $1 per share was paid on Dec. 15, last year.—V. 156, p. 1783: -8,052,170 ' the year United-Carr Fastener Corp.—Extra Dividend— 22,432.692 fDeprce. of fixed assets Dividend— /Thompson Products, Inc.—25-Cent ■ ' 7,972,028 18,381,476 r Federal ft 9,583,747 24,068,714 • *$381,754 $94,599 —!/cost- 1,042,793 tic'.; of film rencs-ii: Into res b:; % _U;' 16,747 Special provision,, for Cr2,350,000 foreign assets ft',;'/:ft///':ftft'ft / ; Deficit.~-y. 156, p.; 1615. i $41,046,297 10,521,550 23,334,077 3,035,206 3,405,901 1,908 10,888 expense produc. of It will not be 1942. under the of The $44,907,895 $33,483,247 $34,938,269 income Operating Amort, Gross r ft;.;!-!-!'!!/.!.!. "$43,418,260 $32,548,311 $34,198,873 $40,145,132 41,874 25,910 13,155 67,286 Proportion of profit of : • controlled company u! / 53,435 69,935 ... ^. Other income: 1,447,761 855,591 656,303 833,880 . 72,873 .. arising end of $2 per share has been declared on the capital $100, payable Dec. 10 to holders of record Nov. 25. This with $1 each on Aug. 1, last, and on Dec. 30, 1941. The previous payment, also $1 per share, was made on Feb; 1; 1930,— V. 156, p. 015. ;.:/ :/'; / 1 , etc. $461,832 $835,579 $159,377. 18,509 income!! Non-operating ' 159,119 • '" $284,845 income the compares ■ Dividends $4,980,908 : 3,898,484 '■ V 620,591 $5,775,535 4,207,690 .998,280 Total rents, intricacies after subject to excess profits tax.-^V. A Sept. 26/42 Sept. 27/41 Sept. 28/40 Sept, 30/39 39 Weeks Ended r-\-»ft Income from sales, by the Revenue Act of the until Union Street Ry., New Bedford, Mass.—$2 Dividend-^- (& Subs.)—Earns. .(Including Wholly-Owned Subsidiaries) V..•::• - '• • , ■>,.// -V -ft; ft// • 1942—4 Mos.—1941 "{ i be 1511. Twentieth Century-Fox Film Corp. Third Avenue Transit Corp.—Earnings— Period End. Oct. 31— 156, p. of determine stock, cents;ftAug/ 25, 75 xeiits,, 50 merger.—V. posed imposed because . Sept; 30, .1942. The estimates for 1942 are without-adjustments for possible- deductions for the amortization of defense or war facilities or deductions, of financing expenses which will arise through the pro¬ sliare has been declared on'the common stock,t payable Dec. 21 to holders of record Dec. 10. Distributions of 50 cents each were made on March 25, July 29 and Oct. 8,. last. Payments_ dividend A the rate an' adjustment made in October, 1942, of $20,GOO, #r»,overstatement in the amount of 16ft of the preferred requirements applicable to the nine months' period ended 31, ,1942; /include / '! /'-ft* Co.';"above.1—V. 152, p.' 1934.' Gas Union Southern' See' uricler 2047 taxes and - -v 1939 *$1,071,939 $1.53 fAfter providing for other charges, depreciation and other charges, and reserving for undetermined attributable to prevailing war conditions. - %:' • '■/■'/ Note—The provision for estimated Federal, State and foreign income and excess profits taxes charged against the income for the three taxes, Title Insurance Calif.— Angeles, Los Co., Trust & 1,139,056 > !; / The stockholders Trust this of of and company month the 133. Los Angeles, Calif., will vote Dec. 18 on approving of the latter into and with the former concern.—V, 152, p. Co., merger & Guarantee Title the 10,948,151 Fed. •Incl. Toledo Peoria & Western RR.—Earnings— 1942 Gross railway--'-! from ' $393,987 $276,212 Net;'fwW!rallway!A^$^'!'''!i75.tl6^:::!',/;i35,850 Net income oper. ry. : 1939 $271,646 45,240 . 46,115 v ; From Jan. I— Net :Net railway-// from ry. 1,003,970 'income— 1,979,201 1,883,600 987.810 342,700 694,661 646,331 268,900 710,84J oper. :;/-rV. 156, 2.362,811 .2,523,127 railway—— from Gross 1871. p.. - 282,534 " V. " ' 156, distributions Similar Dec. made were June on hqlders of record Dec and 15 Sept. last, 15, Federal normal income taxes • / Dec.' 15, $3.—V. L' 156/ p. 967. ; 1 _ " ' ^ Other • ' L: . ! ^ from 12,651.701 4.195,118 4,022,300 1,874,405 178,900 ; 1,037.800 76,036 land devel. 5,259,881 —V. 4,840/742 85,632 . Interest charges (net)A!—Ail—____f- dividends of 1,639,100 1.509,400 iiocome Net income and excess profits ' , // / : Truax-Traer Period »Net ■ End! Coal Co.—Earnings— ' Oct. 31—C 1942-—3 Mos.—1941 per p. > - $0.7I'/4V'5/$(K8P'////^/$0,97/ /"//••'♦After all charges, including provision for'Federal income and excess/ /.'.profits' taxes, tIncluded nO provision, for excess profits taxes. ; $On 440,851 shares- of common stock outstanding.—V. -156, p.;.1871. *". 'f:/- V. $7,628,746. Tung-Sol Lamp Works, Inc.—10-Cent Dividend— // // dividend of 10 cents per share has been declared Om the'common; $1, payable Dec.. 30 to holders.of record Dec. 16. ; A similar A stock, par . distribution was made 1„ 1941.—V. and" Nov. on 156, this p. issue 1695. ' Twin State Gas & Electric Co.- and on Feb. last, Nov.- 24, on . : - 1 v-! Period End. Sept. 1,504,927 1,062,162 4,980,347 Express / revenues.- _CU!. (net)* ;/659,914 230,586 1,797,691 540,668 221,345 1,544,902 $7,208,966 3,326,314 , ,667,642 $6,306,799 Miscel, revenues . Total revenues.. oper. Operations !_t, ■ Maintenance Net salv. on Operating Operation revenues— Maintenance for Provision Other equip, sold Net Bond 950,859 14,195,863 559,839 2,490,401 12,874,124 2,184,844 448,469 1,659,281 1,850,906 Crl,302 14,177 Cr82,153 23,336 136,757 114,508 61,007 283,593 255,796 ft" 124,986 412,875 372,712 Cr2,176* , Prop, franchise & _ _ / $2,700,116- ■ 828,902 423,212 4,700 3,700 / 601,100 88,429. 91,102 deprec— 28,329 29,654 •326,420 assignable Expense 311,737 taX-f 9,000 5,600 109,100 Cr631,528 Cr631,528 117,800 22,391 22,831 292,266 276,751 $31,668 192 $38,337 "$458,061 $475,397 —! —— $31,860 $38,817 $457,104 11,161 133,936 133,936 .—: income income income govt, i . Interest — Other deductions estimated DrdST - 2,685 8,0.92 8,162 95,839 89,794 4,359 3,202 64,635 33,434 $16,232 $162/694 $8,248 income 480 provision; periods applicable to the year set forth in the Revenue Act for Federal income taxes $2?0,918 for the 1942 has been computed at the rates of 1942. The 12 .months, ended Oct..: interest, Profit in on 1940 $1,554,613 $4,550,580 $334,222 Dr7,025 79,395 Rr88,598 (net)— of sub; etc. sale 322,175 —i-——!- f~ Inc. before Fed / income Net. income Earnings per tax $1,547,588 $4,715,971 *1,345,035 305,000 *1,898,235 129,488 $1,242,588 $2,817,736 $438,311 $0.45 $3,362,694 _ taxes surtax $0.83 $1.34 -share.:.!- and 85,996 $2,017,659 taxes_ — '.'•^Federalincome normal 85/996 mc. taxes Federal ; $3,273,988 2,710 \ $478,082 11,161 taxes Note—The " 6,373 Other interest— (net) Net 86,923 $2,821,517 613,709 6,615 operating Gross $247,260 57,542- 3,535,851 96,421 ; " ——— income Non-oper. ... 86,319 Purchased power Federal $237,483 53,161 • 765,894 473,027 $23,115,699 $17,960,159 74,676 . 1942—12 Mos.—1941 1942—Month—1941 3,969,741 • 30,917 . ,, Depreciation taxes—— Earnings—'; ' 1942—3 Mos.—1941 1942—12 Mos.—1941 $4,792,706 $14,792,759 $12,751,497 $4,503,457 ' Period End. Oct. 31— 147, officers of of and p. — John Fred W. on liability 1942 at a $567,799 $1.93 earnings represent combined rate of accruals 40 7c which 21,201.833 ll,q65,732 8,116,791 1,173,400 648,803 . $2,120,853 1,207,224 .' 973,751 of is 12,602,590 6,995,297 17,348,491 <9,099,557 7.056,002 v://"//'•-:-;-/v:-./!/:;-/ ' -•• •/' the John Wanamaker both stores. Stores of Philadelphia Other officers are:; .'---- who - "->; Dooley, Comptroller; Henry H. Funk, Secretary. E. Raasch, Executive Vice-President; Rodman Wilkins, Vice-Presidents; Thomas L, Prendergast, James T. Dooley. Comptroller; Henry 3625. Warren Brothers Trust ' Co. — H. Funk, Secretary.— Plan Consummated — Elects . reorganization was consummated Nov. 30 and holders of company may present them at the Manufacturers into new securities. V / / The securities are the collateral trust 4%# bonds, series A, due Feb. l, 1956; collaterals trust- 5ft , cumulative income bonds, •series B,. due Aug. 1, 1977, and the class A, class B and class C common stocks, also the Republic of Cuba external debt, 4%ft bonds/due 1941-1955. and Republic of Cuba external debt, 4'Aft bonds, due 1937-1977, issuable under plan of reorganization. All barriers to final action on the plan of reorganization of the company were removed Nov. 27 when the U. S. Federal Court at Boston issued a mandate dismissing all appeals before it-. A statement to this effect by company counsel at the adjourned special meeting of stock¬ holders was/ followed by election of a new board of directors and approval of certain amendments, to . articles of organization. 1 : There were represented at the meeting in person or by proxy 79.2 ft. of the first preferred stock, 87 ft of the second preferred, 77 ft of the convertible preferred, and 68.4ft of the common. All stock was voted in favor of the follo#ing for directors: For a one-year term, Clarence L Newton/ Ralph L. Warren and William H. Pihlcrantz; for two-year term Charles R. Gow, William L. Kirkland and Roy W. Price; for three-year term, Louis J. Hunter, C. Oliver Wellington, Henry A. Wentworth Fred J. Young, Cecil P. Stewart and Hamilton Pell, Counsel stated that the directors had been approved by the court and that the company was ordered to proceed with their election. At a meeting of the new beard of directors Charles R. Gow, formerly President, was elected Chairman of the Board; William L. Kirkland was elected President to succeed Mr. Gow, and Roy W. Price was elected Treasurer and Secretary. Charles R Gow, President, stated that in line with the valuation adopted '9y the court it is necessary to write down certain investments. It was deemed desirable to make the followiug reductions (an action approved by stockholders): Book value at the close of business Julv 31 1941 of the investments of the company, to be reduced by $1,212,577.53, as follows: By reduction of book value of the invest'in Whniiv-nwned companies from $3,543,115 to $2,564,954; by The 36— 22,896,709 U;/V-' ///!!^'/:///!-'/:■;';// -'•/.;' Directors— 156, United Air Lines Transport Corp. (& Subs.)—Earnings Passenger: revenues 'JH revenues -//l—- $2,260,765' York was announced on Nov. 25 by Charles R. Shipley, Treasurer; -702.!/-',.//> '" Mail 1939 1940 $2,598 580 .1,411,302 892,951 Wanamaker $ Co.—Officers Elected— plan of securities of the old 1942—6 Mos.—1941 / . $316,716-' !;S3G5,684!!t$441,101 $253,188 :com/'''share-;-'!';.:■ :"!"$G.56;"/.. profit 3Earn, ' * . 1696. -/" p. York New taxes for the Is based on the Revenue Act of 1942.—V. 1942 595,120 22,323,856 11,179.114 6.213,894 re-elected President of Barker 494,069 $8,430,098 for Federal 156, Treasurer; James T. . ejfirent period of 156, Philadelphia—Rodman Barker, Charles H. Howe, John E. Raasch and Frank A. McLaughlin, as Vice-Presidents; Thomas. L. Prendergasty 4,681,658 494,069 — Note—Provision • income... oper. Election was 47,736 3,771,099 subsidiary—— 1,331,001 from and New 52,989 co.._ $2,411,568 railway--— (John) 40,471 59,405 >of subs, 1941 1942 railway.—. railway^!! Net from railway..!.. Net ry. oper. income..... $14,480,002 $14,414,598 opers. ry. Gross $14/497,876 $14,374,127 deductions.- Preferred company on from from Net 48,469 Dr17.874 to $1,198,665.—V. From Jan. 1— 4,427,100 -■//'/ Net $12,695,866 $12,804,473 Nov. 25 filed with the SEC a registration statement (No. 2-5063, Form F-l) covering voting trust certificates for 499,722 shares of $2 /pat Ootnmbn stocfe,: Peop4e'«/TittSburgh!Ti1i announced ast trustee.r^-V, 156, p. 1615.11, *• / ,• J • ' . ! amounted 1942 Ry.—Earnings— Virginian October— 194 V $38,163,462 14,011,000 . revenue : 1942. $43,331,994 . : Special amort, of debt disct. & expense / y Inc/—Registers With SEC— Triumph Explosives /'$«•■ The '. ! /,/; ::Gross:Income;: loss 3,974,242 either year..— (& S ubs.) —Earnings— income- taxes— / Net. Operating' Net for ended Sept. 30, "period 1784. p. Gross Non-operating revenues compared with $L50 on 'March 16/ 1942. Payments during11941 were as follows; March 15 and June 16, $1.50 each; Sept 15, $2, and • indicated /!$/.»! Provision for depreciation-,—!-———-,—— Dividend— to to 15 15 Dec. value,-payable par is tax 12 Mos. End. Sept. 30— -Operating- revenues. Operating expenses .!/!!—/!—— Taxe?, other than income taxes— dividend of 50 cents pet share has been declared'on the common no proiits excess Federal excess profits taxes , Todd Shipyards Corp.—Sd-Cent stock, 4,000,000 taxes... for 1615. p. Other A inc. liability Union Electric Co. of Missouri 128,297; 104,914 45,726 142,593 ' No • 1940 $229,228 1941 October— losses Co. for exchange THE COMMERCIAL & FINANCIAL CHRONICLE 2048 of reduction of value available controlled associated book from of such reductions is value of the investment in book the $100,789. to 5120,849 amount aggregate The > as provid¬ for the second amendments approved by stockholders was cne ing that Nov, 23 be the date for holding the annual meeting years 1943, 1944 and 1945. Thereafter it will be held the Tuesday in April, the Among books transfer business Nov. on company listed the of close dealings 1942, 30, permanently at the close of the following securities of the been closed having in stock, no par, deposit receipts for convertible preferred stock,—V. 156, p. 1872. deposit receipts for common stock; convertible preferred and was 12 Mos. End. (& Subs.)—Earnings— Operating revenues 7,299,550 x —.:Jx—x—, income and Net The have declared directors 649,810 Net income Dec. and Oct. 1 was entire the tax allowable for tax are Alabama—$2 Preferred Div, dividend a of $2 the 8% share on per West Penn Rys.— Operating Total revenues "'Total Operating $2,000,726 101,198 $2,101,924 790,283 859,393 1942—12 Mos.—1941 $548,393 $912,212 inc. Other the nine months ended Sept. 30, 1942, 409,689 433,451 544,271 578,979 139,398 124,356 177,242 160,911 31,400 27,160 48,960 34,705 —— for 20,173 27,879.. 21,150 . 109,000 depreciation- of funded on Amort, Net Joint facility Other *Cr94,257 66.915 *1,220,648 1,043,855 $731,730 "■ debt $894,167 $1,038,215 85,888 1,129,616 1,164,701 91,171 1,088.559 1,096,128 $480,022 $266,361 $3,163,902 $2,791,161 1,635 revenues 2,416 38,955 38,799 (net) 181,856 237,145 int. $481,657 $268,777 $3,202,857 64,167 64,167 770,000 770,000 4,546 — 7,170 84,808 Interest charged to con¬ ;•....,: struction Net Crl0,232 $1,870,291 622,518 622,518 $1,735,763 to pfd. stock for the period Divs. applic. the «Ju L J.™• . under credit amount of adjustment $199,210 to income after able Dec. 28 cents each have declared made were a of stockholders to 22,425 18,990 24,850 2,260 27,462 with 30 three first cents dividend record of $691,061 $748,758 Equipment of West Penn Electric Co. Dec. 15. • 1942—10 Mos.—1941 expenses—— —— i- Federal taxes on income Other taxes Provision retire, ——x-—— for of Amortization account 525,924 5,406,156 : 41, 800 44,301 445,819 420,733 532,547 8,566 6,613,024 lu3,223 4,597,082 76,085 61, 645 51,283 582,215 489,745 Gross —; Crl2,520 Interest $1,201,509 $786,603 $9,491,001 —————438,000 260,000 3,808,000 $6,909,793 2,100,000 $526,603 $5,683,001 $4,809,793 62,593 276,683 362,430 expenses — Transp. for r investment oper, revenue--, Taxes Cr807 Operating income Equipment rents Tx—__ Joint facil, rents (net) Net $763,509 40,890 ■ ;/_ Rrl4,840 Drl2,422 Drl46,307 Drl27,503 $789,559 $576,774 12,614 $5,813,377 170,587 income • income charges Net for 114,000 -V. 156, * Total of deducts, Elec. Penn 276,857 280,645 2,792,243 $5,135,264 2,800,437 y $308,743 $3,191,721 608,000 306,212 801,180 $9,419,366 $12,311,194 $13,012,686 306,269 208,161 380,549 $9,725,635 $12,519,355 $13,393,235 6,191,037 y 6,082,130 8,231,035 8,193,868 West 223,197 income 229,965 291,618 Gr/c and 7% A Class $3,413,540 $3,996,702 $4,901,135 pfd. 1,700,885 2,267,847 310,412 413,882 2,267,847 413,882 1,700,885 divs. 310,412 dividends : consolidated Note—The for income' net the $2.219,406 $1,314,973 $1,402,243 nine and October— railway— Gross from Net from Net ry. 902,717 , 670,982 750,150 983,306 1,216,059 . —V. . railway—U. railway— 30,688,796 12,938,876 19,372,625 6,151,046 14,993,348 . 3,582,423 13,789,162 2,872,566 8,907,399 3,815,901 1,775,126 1,221,738 income— 1616. oper. 156, p. Gross without giving effect to certain deductions which may be allowable for tax purposes with tax savings consequent thereon. The estimates used are subject perhaps to substantial 1942, but adjustment after further study of the many involved provisions of the and upon final determination of other pending matters.—V. 156, Net ry. 1939 1941 1940 $271,494 $179,207 railway— —216,319 income— 170,957 96,645 46,243 y;: 55,347 y 27,653 39,175 3,508,641 1,514,740 2,003,509 1,504,234 1,442,105 520,842 262,972 781,145 262,297 132,833 1942 railway— oper. $185,947 '• 58,152 From Jan. 1— Net from charges ■■' 79i. railway income oper. ry. 156, : I;' 239,262 117,484 1696. p. The directors Dec. issues on March 4 V. 28 and of 30, 5, May 29, cents 75 last, yl Operating revenues- Operating expenses Other Prov. 1942—12 Mos.—1941 1942—9 Mos.—1941 < $21,341,115 $20,186,016 $28,443,366 $26,868,019 9,006,342 8,734,688 6,655,593 6.645,839 1,454,164 1,478,220 2,007,304 2,020,210 4,242,000 2,762,435 5,271,565 1,549,244 1,528,678 2,042,413 1,771,228 2,578,646 $5,502,692 273,116 $5,999,616 $7,537,096 $8,289,271 98,544 311,377 134,292 *. Interest Other $5,775,808 income funded debt on interest' 3,253 ——__ to constr Miscellaneous 1,695,536 1,693,647 chgd. $8,423,563 2,260,811 2,258,522 1,946 2,830 4,389 227,411 ^99,574 303,368 Crl66,748 Cr39,763 29, Net the Dec. 5 and preferred Dec. 23, 1941.— common and 53,505 52,450 43,498 payable distribution of v. income _ dividends— $3,718,270 $4,287,565 $5,182,253 $5,973,712 1,002,670 1,002,670 1,336,893 1,336,894 156, net Dec. 15 Balance for share on common com. stk. $2,715,600 $3,284,895 $3,845,360 $4,636,818 $0.92 $1.12 $1.31 .y~;?yyy' :;;'y.yy^yx/ y> extra dividend of 25 cents share has been per declared on the stock, par $10, payable Dec. 15 to holders of record Dec. 2, regular quarterly, dividend of like amount was also declared, pay¬ able Jan. 2 to holders of record Dec. 15. The The extra makes $1 in 1941.—V. Note—The consolidated net ended Sept. 30, 1942. approximately $250,000 of for income periods does excess the nine and 12 months' not include a post-war refund profits taxes which may be 538,732 $6,238,139 $6,615,862 2,533,913 xxi 2,518,176 35,600 33,678 500,000 1,287,500 t losses. in subsidiary transportation 'ly-y,y Income Statement in and "■ ':o■•■ - $2,776,508 certain a (Company and Subs.), 12 Months r'::V;x':i;/y:;vy. $37,440,680 — '—xxx——..xx--—x—-— x—i—x;' 14,939,248 income taxes—. — 4,920,305 income and excess profits taxes—, 5,975,867 est. ■ depieciation—. — 554,796 — charges (net> Other deductions total of of Balance & Lake $1.25 in dividends for Erie 1942, as against Net ry, Ry.—Earnings- 1942 from from Net $8,035,656 Gross Net pfd. s'eckj of subsidiaries Net $1,813,972 752,171 398,450 667,735 17,723,932 14,304,031 6,580,269 4,968,801 3,794,830 12,019,724 3,918,697 3,239,358 $2,043,023 999,226 707,442 692,820 342,961 20,160,500 7,885,233 42,577 income . 500,000 . $3,695,473 Federal taxes in above tables include for the 30, 1942, and Sept, 30, 1941, provisions for estimated Federal excess profits taxes of Wisconsin Electric Power Co. of $2,736,800 and $767,000, respectively; and of the company and its subsidiaries consolidated for the 12 months ended Sepl 30, 1942, of c; r "><' . post-war credits of approximately $285,000 for the company and its sub¬ for Federal normal income tax, surtax and excess profits taxes cf the company will exceed the requirements for such taxes under the 1942 Revenue Act by approximately $215,000, and of the company and its subsidiaries consolidated by a nominal l,v $3 084 296 account of estimated taking for the company and sidiaries, the provisions made $230 000 amount.—V. 156, p, 792. Wisconsin Power & Light revenues & taxes Operating Oper. Co.—-Earnings— T ; 1942—12 Mos,—1941 $2,853,155 $11,813,568 $11,010,796 1942—3 Mos.—1941 Period End, Sept. 30— $3,013,964 exps. Federals 1,989,881 1,802,144 7,504,501 6,795,111 income taxes, 226,846 34,692 746,652 233,055 •(•Charges in lieu of inc. 298,133 336,165 799,047 ♦Federal excess prof, taxes. income (net) oper. income Other $718,186 1,347. $3,226,250 $3,082,153^ 23,269 27.0^f $815,004 $719,534 317,775 344,647 $3,249,518 1,263,394 $3,109,122 1,589,919 $497,229 $374,886 $1,986,124 $1,519,263 $797,237 17,766 Y — , deducts., other & Y income Gross Int. Income Net — have been computed in accordance with 1942. tTheSe charges represent amounts equiva¬ lent to additional income and excess profits taxes which would have been payable on earnings if the company had not had the benefit for tax purposes of deductions for discount, call premium and expense resulting from the refinancing of long-term debt. Such amounts have been credited to unamortized debt discount and expense.—V. 156, Federal income taxes *1942 p. Act of Revenue 1960. • V ■ . •: income—. 2,858,567 3,419,479 Mississippi Valley RR.—Earnings—, from Net from Net ry. railway-- railway—— oper, from Net from ry. —V. . p. . ., 1940 $1,710,156 760,054 699,403 519,143 452,664 12,583,086 3,659,970 1,475,993 12,138,755 . 16,063,672 5,646,423 3,556,874 railway—28,690,849 14,288,177 11,108,874 income— 1616. ' A ' 1939 $1,750,761 525,401 1,136,619 ' income—x 1941 $2,232,874 790,172 railway— oper. 156, 1942. -a $3,612,050 1,731,208 1— From Jan. Net . " 3,627,059 - 1,485,473 , 156, p. 1616. Wheeling Steel Corp.—To Pay 25-Cent Common Div, directors common have stock, no declared par dividend a value, of 25 cents per share on payable Dec. 23 to holders of record Dec. 4. A similar distribution was made on this issue on Sept. 15, last, compared with 50 cents each on March 16 and June 15, 1942. Pay¬ ments during 1941 were a§ follows; Aug. 15, 25 cents; Oct. 15, 50 intestment: in .trans¬ Sept, ended York Corrugating the —; : — $4,195,473 Income—i-—-x months Gross railway—1! railway ry, oper. —V. x- —- October— $1,649,333 569,959 $2,298,677 income,,. from from 3,467,143 330,463 — on — Appropriation for contingent losses on portation subsidiary Gross 1939 1940 1941 > railway____ railway, oper. 4,124,399 $7,480,860 — income Yazoo & Wheeling trans¬ "■ • 153, p. 854, $1.58 of $6,077,130 1,282,115 . Provision for dividends Net share on the profits arising from the sale of railroad coal cars.— p.y6i6.yyy';vy.,x;y; cents, and Dec. 2,935,000 shares 2,762,000 2,656,515 holders of to as Per 2,717,393 operating revenues—— Interest the 63,998 — for & Crl81,156 323,771; ——. ,,-1—^xx—$3,168,623 (other than record Dec. 2. Distribu¬ tions of $1 each were made on April 1, July 1, Sept. 15 and Dec. 1, last. Payments during 1941 were as follows: April 1, $1; July 1ft, 50 cents; Sept. 10, 75 cents, and Dec. 15, $1.50. The company states that the current extra dividend is a partial The Preferred these From Jan. 1— $7,848,473 Crl6,638 Amort, of debt discount Int. $6,098,160 for Westmoreland Coal Co.—$2 Extra Dividend-— Gross Operating - income—__ Non-operating income- 3,337,121 4,773,100 • :—— for contingent than Provision ; October— Gross on The directors have declared an extra dividend of $2 per 2,336,240 taxes 3,487,031 • x.~,xx..x„—— expenses other Taxes 1 made Aug. on $1 each on 2,053,040 1,937,422 _x—: on for made with 3,434,570 depreciation- taxes were common income- Maintenance Fed. ___ each compared as . $1 each were also 1616. p. Nov. May 29,: 1942. Westmoreland, Inc.—25-Cent Extra Dividend— Period End. Sept. 30— 1941 profits taxes • excess •:yy;yy"'': ■•^/y Ended Sept. 30, 191'} dividend of 50 Nov. 25 declared a Distributions 8. March on 156, on Aug. and Payments of An (& Subs.)—Earnings— (Company $4,956,024 and Total operating revenues-, cents per share on the common stock, par $50, and on the 7% cumulative and partici¬ pating preferred stock, par $50, both payable Dec. 22 to holders of ■=..yyy-..' West Penn Power Co. Co.—Earnings 1942 {net > investment After railway—— from Net —V. / reflected as '.y, y jvfote—The amounts for Act p. paid, not y-—y $27,478,083 $25,038,467 10,205,902 : 11,544,535 portation properties. 12 $430,719 „ from from capital stock, the nine months ended Sept. 21, Power i—-i*— income l/x Net Western Ry. of Alabama- 30, 1942, has been estimated on the basis of the normal, surtax and excess profits tax rates indi¬ cated in the Revenue Act of 1942, which was signed by the President Oct. being accrued and 1696. revenues 'On 1939 $2,079,096 988,350 1,358,516 V 2,737,913 income— oper. ry. periods ended Sept. 30, 1942, does not include a post-war refund of approximately $400,000 of excess profits taxes to which certain com¬ panies in the system may be entitled on the basis of preliminary studies and which is to be evidenced by non-interest bearing U. S. Government bonds restricted as to use until after the war. The amount of Federal taxes included in the consolidated income on 228,559 — p. revenues income Gross $2,229,468 $2,983,788 $4,467,358 . railway 1940 1941 1942 : from from stocks account for 27,028 From Jan. 1— months' 12 13,216 2,787 . Non-operating revenues record $706,530 Balance ■ interest inc. operating Net 298,232 $2,717,827 ' Cr$226,496Cr$3,211,128Cr$2,501,005 Western Pacific RR.—Earnings— . $9,132,061 Co Cr$387,636 $2,334,827 — Westinghouse Electric & Mfg. Co.—Smaller Dividends Net 87,863 ■' 6,813 depreciation—: Appropriation 1696. p. October— subs.— ; 67,768 74,209 Electric est. for Provisidn 4,304,281 157,978 $5,983,964 $589,388 $810,422 -i-x— income Net 5,019,346 $8,974,083 90,544 $533,565 income Net prop, —-.I—; of deduc. 66,577 8,254 *f>. ,• ! 6,658 1 expenses Operating Gross Gross 6,658 '• < • excess include Non-operating $5,044,720 20,863 income oper. ry. Other Net Total $2,656,636 deprec.) Other deductions Net 1942—12 Mos.—1941 : 3,268,470 adjustments- Operating income— Non-oper. income $3,351,913 Sept. 30— revenues;.' Provision 566, 830 expenses Net ,870,983 aeplet.— $241,408 Taxes other than income taxes— Provision equipment—- General deprec., and $401,107 chgs.- (in not 2,231,017 4,076,412 2,760,064 last, as com¬ $39 666,796 $35,621,226 $52,383,103 $47,259,821 17,071,014 15,427,403 12,,762,509 11,751,149 3,737,757 3,631,193 2, ,772,458 2,745,496 9,355,715 5,645.055 4,460,016 7, 657,510 4,581,865 4,438,023 3, 515,253 3,368,729 revenues—— 5,176 corporate books.—V. 156, on $2,238,597 $25,401,502 $18,788,347 290,180 Transportation expenses operations _x—' share, pay¬ Distributions of 18 (& Subs.)- -Earnings— 1942—9 Mos.—1941 Operating $2,651,460 26,051 projects; normal 722 568 10, 597 Traffic on Operating $3,325,863 3,696 Y Operating 330 919 of Gross Maintenance $237,711 road fxd. defense Operating & struct. Maint. quarters of Period End. Sept. 30 Dr318,941 $926,856 Month—1941 1942- $2,935, 868 revenues of way 30 cents per 31, June 30 and Sept. 30, Mar. on Dr299,481 508,067 3,042 . $519,315 Period End. Oct. 31— Operating Maint. Dec. 29, 1941, and 18 cents on each of the 1941: , Previously, the company paid quarterly dividends of 20 cents per share.—V. 156, p. 1064. V:;!:--/1' pared Dr32,427 3,857 *Includes amortization tDoes —-— Fixed Wellington Fund, Inc.—To Pay 30-Cent Dividend— directors £>r374,713 156, p. 791. Gross The Dr263,061 Dr29,956 Road tax Western Maryland Ry.- -Earnings- $1,247,773 adjust tax provisions to required by the Revenue Act of 1942.—V. 156, p. 1872. ♦Includes 905,956 Dr32,244 :r leased Consolidated ——..i..;—*——— Balance 991,471 __x---—.1, for Net $197,440 $420,752 ——— Cr4,003 $2,358,281 Cr7,803 . income 943,630 £>rl4.755 '5 and equipment i-xlx. Int. being accrued and ■.'.y paid 467 18,520 193,670 deductions & $5,823,505 76,810 102,461 rents—— charges: Rent 243,192 Miscell. $2,829,960 mtge. bonds on Other $4,759,137 $481,654 102,967 :: 101,802 , income—net—— tFixed $1,195,982 177,089 J 16,806 1,080,075 71,313 90,638 income Gross Int. \ Inc. available for fxd, Br$117,387 1,313,369 $5,640 982,191 covenants $11,377,906 5.245,841 $954,659 $11,837,137 res. income ' ' \ 1942—10 Mos.—1941 12 Months Ended 5,234,412 — oper. 17, and 41,400 discount—: of Payments Net 444,324 propriation Other 17 $1,541,407 $161715,671 $13,755,682 1,059,733 10,892,165 8,996,545 $646,730 —x— equipment-—. of income— Gross 'Interest $88,024 716,467 — —V. 1942—10 Mos.—1941 488,034 _ July V 27,346 119,500 30,300 $15,263 Operating income Non-operating income- Miscellaneous 1248. 1942.—V. 156, p. 1942—Month—1941 $1,035,750 taxes retire, and Sept, 17, , 1942—Month—1941 taxes taxes Hire $725,954 taxes Prov. $1,311,641 $1,060,532 expenses-—- taxes Other 17 The previous payment—. Aug.11,' 1'934;—V;T56,: p. 968. 1,185,368 Wisconsin Federal April 50 cents. $1,832,098 rev ■charges 1942—9 Mos.—11941 $724,923 expenses^.— Other Washington Water Power Co. (& Sub.)—Earnings— revenues 17, June follows: as $397,250 ry. Net made for a contingent tax liability sufficient to cover liability accrued to Sept. 30 at the rates established Period End. Oct. 31—> Operating March on were Ry.—Earnings— 3l— — expenses Net Earnings— revenue Maintenance $1,919,925 - —. by the recently-enacted Revenue Act of Operating 1941 and Dec, .17, Central Period End. Oct. pur¬ 1, Period End. Sept. 30— 731,179 15,575 — <Tn computing the earnings for provision be may made were cents per share—was made on Wisconsin . "" ———_ —* 31 each during 15, record 527,853 $1,904,350 deductions— other and Sept. cents preferred of 815,154 —— income Gross Interest ended months stock, par $100, payable Dec. 29 to holders This compares with $1.50 each paid on Apr. 1, last. No other payments have been made on the preferred stock.—V. 155. p. 2192, ;i non-cumulative *663,965 — profits taxes excess operating revenues—.. income' nine the involved provisions of the Act and upon final determination of pending matters.—V. 156, p. 872. Federal taxes on income Other the 25 Payments 17, 25 cents each, Fed. 540,292 729,867 „i-—-- Depreciation Federal which West Boylston Mfg. Co. of 6,367,566 575,588 . , ——1,————, General taxes for taxes of last. ' •■ Operation Maintenance tions Oct. deductions certain to many other 1942 1941 —_—————>$1.1,988,474 $10,817,426 Sept. 30— which is to be bonds restricted and Government with tax savings consequent thereon. The estimates used subject perhaps to substantial adjustment after further study of July Washington Gas Light Co. studies, S. 1942, has been estimated on the basis of the normal, surtax and profits tax rates indicated in the Revenue Act of 1942, which signed by the President on Oct, 21, 1942, but without giving effect New York Stock Exchange were suspended at trading session on Nov. 30/ Common stock, no par; the Federal of amount U. war. excess the on the after poses Dealings in Securities Suspended— The preliminary of basis non-interest-bearing by until use The 30, charged to capital surplus. lo be to the on evidenced from $1,020,220 to $805,863, and by reduction of the the investment in non-controlled associated companies companies Monday, December 7, 1942 15, $1.25.—V. 156, p. 1784. Co.—30-Cent Dividend— semi-annual dividend of 30 cents per stock, par $1, payable Dec. 10 to holders of record distribution was made on July 1, last.. Tfils makes total dividends for this year 60 cents per share, the same as paid in 1941.—V. 155, p. 1424. The directors share on Dec 1 have declared a the capital A similar Zonite Products Corp.—Special Dividend— special dividend of 15 cents per share has been declared on the capital stock, par $1, payable Dec. 19 to holders of record Dec. 7. A similar distribution was made on Dec. 20, last; none since. The A White Motor Co.—Year-End Dividend of 50 Cents— A year-end dividend of 50 cents common per share has been declared stock, payable Dec. 17 to holders of record Dec. 10. on the Distribu- latter payment was the first since Sept. 10, 1932.—V. 156, p. 1160. ■