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Xu , IIS. 4 r AM. ikt TUESDAY Volume 154 Number 4017 New York, N. Y., Stock and Bond Sales DAILY Tuesday, December 9, 1941 WEEKLY Below furnish we the New York Stock on a Copy Exchange YEARLY - NOTICE—Cash and deferred delivery sales are disregarded In the day's range, unless they are the only transactions of the U. S. Government Securities Price 60 Cents New York Stock «» - o day. No account Is taken of auoh sales In computing the for range the year. Exchange daily record of the transactions in Treasury, Home Owners' Loan and Federal Farm Mortgage Corporation coupon bonds on the New York Stock Exchange during the current week. ; ; V; Figures after decimal point represent one,or more S2d of a point. a Also In This Issue , Daily Record of U. S. Bind PricevNw. 29 Dec. Treasuiy 1947*52 1 (High 117.4 Low 117.4 (Close 117.4 Dec. 2 Dec. 3 Dec. 4 Dec. 5 Daily Record of U. S. Bond Prices Treasury Low Close ... — \ (Low. (High Low. ... High 104.27 Low. Close 104.25 105.27 105.24 Low- 105.26 105.25 105.27 105.24 105.25 105.27 105.24 9 6 5 1 (High 109.9 Low. 109.9 I Close 104.16 104.6 104.18 104.6 Total sales in $1,000 units... 1 5 (High 102.24 102.22 102.18 1C1.25 102.24 102.19 102.22 102.18 101.17 101.11 1 ClOSG 102.24 102.10 102.22 102.18 101.25 101.11 Total sales in $1,000 units... 5 36 7 *6 *19 3 Low. (High 106.26 103.26 (Close 106.26 Total sales in $1,000 units... 5 103.2 103 103.2 (Close 103 103.2 (High 112.20 112.15 Low. 112.20 112.15 112.20 112.15 5 2 Total sales in $1,000 units.. (High 111.22 Low. 111.22 (Close (High 105.17 (Close 105.17 101.25 Sales at New York Stock (Close (Close 103.22 (Close 1 Total sales in $1,000 units... ..Low. 109 (Close 109 110.3 Low. 110.3 2Mb, 1956-59 ' — (High (Low 111.5 (Close 111.5 HomeOwners* Loan Week Ended Dec. 5 1941 Total sales in $1,000 units... 111 5 111.4 111.5 111.4 (High 111.6 2Mb, 1942-44 as 112 111.31 112 111.29 112 111.20 l^s, 1945-47 15 (High ......(Low. Odd-lot sales, 101.4 101.4 (Close 101.4 (High 102.1 (Low. 102.1 Close 102.1 *1 t Deferred delivery sale, Note—The bonds. (High 2 2^8,1949-53-:....—-Low. above table only sale of HIGH SALE PRICES Treasury 3tfs. 1044-1946 Sales for Monday Tuesday Nov.29 Dec. 1 Dec. 2 Dec. 3 Dec. 4 Dec. 5 Week S per share S per share $ per share $ per share 9 per share $ per share Shares *50 50«8 108s4 1083,J *44 477s 44U 441| 7'4 35Vt k 5k 5»4 *14U *®16 14 72 For footnotes see page 505g 5078 109sM 109s32 47's *44ls 477s *44 45 *44 45 ®16 * 50^8 109 *44 7i2 758 *20 •be *.... 2&8 93 2"2 *.... k 778 215g 12IR 353,4 3I6 72 212 2*8 212 OC *.... 100 *.... U i.i '1 U 6 534 5k 534 5k 53g 5i2 558 16 *14l4 16 15»4 109 477s 1134 3514 11S« 345S ar49>2 Thursday 4434 2158 ll«s 1 4434 738 •1158 34r,8 iu2 35 * *44 *20 in2 *.... 50>2 21»8 34s« i4 50 Wednesday 1087s 10S78 7«2 *20 258 81,497,047,000 closing of representative averages the New on York Stocx Exchange Bonds 15 Total Itulus- Rail¬ Utili¬ 65 trlals roads Stocks 114.23 ties 15.63 26.96 38.54 10 Second 10 / ndus- Grade Grade Utili¬ 40 triats Raits Ralls ties Bonds 107.84 25S 100 Gl.s *16 578 534 578 17 Sk 50k 109 *441g 44 7k 21*8 *20 12 1214 12 3734 39 ,li6 72 14 534 *15 *20 1238 37'2 6's 1534 7k Friday T« *.... 3712 *®16 72 507s *92 2»8 2Mb, 1952-1954 99 14 *u 6 *92 *534 6 *15l.i 17 12,400 8<t 2U2 12-% 38i4 7 "2il00 13,700 1,200 32 2i2 " 8(600 100 u 5h 5\ *15 k 5k 5h 16 YORK STOCKS Abbott Laboratories...No par 4M% conv preferred Acme Steel Co Adam3 Express 100 No par da-.i. - - .25 No par Adams-Mllils Corp. _..No par Address-Muitigr Corp 10 Air Reduction Ine No par Air Way Ei Appliance. .Wo par Ala & Vlcksburg Ry Co... 100 Alaska Juneau Gold Mln___10 5,300 1,500 Albany & Susq RR Co....100 Allegheny Corp No par 5 H % pf A with $30 war. 100 5M% Pi A without war.100 200 $2.50 prior conv pref.No par 12(100 Range Since Jan. 1 Rangefor Previous On Basis of 100-Share Lots Year 1940 Highest $ per share Fob 21 38 Apr Apr 5>8 Apr 19i2 Feb 111lNov 34^8 Nov 31(J Nov 44 73 3 22 22 20 26 29 18 Sept 9 2l2 Oct 31 92 Sept 26 i4 Oct 29 5'4NOV 28 5% Dee 1 15 May 27 90.21 27.50 15.77 39.06 107.99 92.91 50.23 110.43 90.39 116.65 27.49 15.98 39.35 107.94 92.79 50.20 110.51 90.36 Dcc. 4. 116.60 27.30 16.10 39.31 107.95 92.81 50.18 110.50 90.36 Dec. 5. 115.90 27.20 15.97 39.08 107.93 92.66 49.59 110.40 90.15 15.54 38.34 107.87 92.80 49.79 NEW YORK BOND RECORD N. Y. STOCK Friday Week's Last Range or Friday's Inter st Period EXCHANGE Week Ended Dec. 5 Sale Price $ Lowest per share $ per Highest share $ per share 55-i4 Sept 20 124 Sept 25 54i2Sept 23 5134 Jan 6 S'i Dec 24'.i Aug 157s Jan 5 45 6 3 July 28 •>8 4914 70U 4s . —.1947-1952 1944-1954 j.* M 3-^s.„.......*1943-1947 J 3Jis... .1943-1945 3 M s .......... 1944-1946 5M.B 1946-1949 Treasury 3V%s—.... -.1949-1952 Treasury 3s 1946-1948 Treasury 3s. 1951-1955 A 461a May May June 60 Nov 9 Jan 36i2 June Jan 14 38 May Aug 9 60 5 Jan 4 99ig Aug 8 Apr 27»2 Apr 19i2 Jan 58"8 Jan 78 Mar »•» . Treasury 2 J^s Treasury 2 Hs. . 4 7 Jan Treasury 2Mb 100 Dec 100 Jan Treasury 2^8 Treasury 2s.. Treasury 2s 6*4 June 4U May 7 24 May Dec . . - Treasury 2s Treasury 2s . -. - 1958-1963 0 ...... For footnotes 104.25 104.27 6 105.24 105.27 21 109/1 J D *112.15 112.24 J D *108.14 108 23 ■ i.'-.W. ...... M .1950-1952 M 112.15 .1951 1953 J 15 1948-1950 J 106.22 109.24 107.27110.9 107.2 9 107.1 111.18 106.31111.25 *106 06.9 *108 108.9 see page 1403. 1 1 7 22 . ..: - .... *107.28108.5 - V 106 5 107.14112.13 110.22 107.8 112.24 106.25108.14 107.16109.22 105.2 108.9 105.4 118.18 102.8 106.16 104.19 14 103.1 102.24 78 101 11103.16 *106.8 106.17 106 26 106.26 *105.11 105.20 ... 114.9 113.9 1 *107.21107.30 D 1953 1955 J D 7 110.4 1 112 Dec 112.12 1C8.28 111.21 111.22 111.5 Mar 105 24109.9 112.7 110.3 111.6 1954-1956 J D 1947 J D 15 1948-1950 M S 104 25108.6 109 111.5 D 104.15107.25 109.9 106.22 111.29 S 113.18 111.13115.7 106.22 111.4 S 121.26 109.4 111.22 110.3 S D .... 117 4 1 High 10!) D D 1 112.20 D . . .... .... 109,9 O J 1 .... *104.10 104.19 106 1: L —..1952-1954 M S 104.6 .1956-1958 M S 104.6 1967-1972 M S 101.11 101.11 _ . - 117.4 *110.30111.7 D Since Jan. No. Low *103,26109.3 A .....1956-1959 M *.. ... - Treasury 2 Mb Treasury ,2 Mb.. Mar 1>8 Jan 14*8 Dec 12i2 Jan . .. 1955-1960 M S Treasury 2Mb 77 38 June L S D Treasury 2Mb. ..*1945-1947 M S Treasury 2%s..... -—.1948-1951 M S Treasury 2Mb .....1951-1954 J D May May »g Range Bonds Sold Asked J Treasury 2Mb ..*..1960-1965 J Treasury 2>$s.———-1945 J Treasury 2}^s.I............. 1948 M Treasury 254s.. 1949-1953 J May • High 117.4 . D J 3%s_......... 1946-1956 Treasury 2 H s 30 June AO Feb 3478 4'4 16'8 12'2 147 & Low Feb May 75 Jan 6 10'>8 Jan 9 9'2 Aug 27 21'2 Apr 3 Dec 101 Bid . | 1402. 90.10 110.37 115.57 3. Treasury 2Mb 46 10312Nov 29 110.34 26.87 2. Treasury Treasury Treasury Treasury Treasury Treasury Lowest Par 49.55 113.59 Dec, 105.19 to 105.19 EXCHANGE Abraham & Straus f'(3G0 44 ' 57s 510 4778 72 2'2 1,700 103 ' 2tg NEW the 92.68 Total Dec. BONDS .105.23 to 105.23 STOCKS ' 10 First 10 U. S. Government Saturday 72 842.611.0001 81.928,802,000 20 Nov.29. Dec. 1. coupon NEW YORK STOCK RECORD 2l2 201,188.000 1,258,735,000 bonds listed Treasury 4^8 *.... 837,124,000 148.507.000 30 were: Total sales in $1.000 units... 712 818,119,000 1,762,176,000 t Cash sale. includes Transactions in registered bonds 5 Treasury (Close 477s $523,000 4,266,000 37,822.000 191,917,481 compiled by Dow, Jones & Co.: Dale 1 Total sales In $1,000 units... * (Close 45 8207,000 41,440,000 Stocks (Low. I Total sales in $1,000 units... 23 139,428,938 the daily are 101.30 Total sales in $1,000 units... (High (LoWi jCIose Total sales in $1,000 units... *44l,| 7h *21 3,049,970 845,060,000 stocks an-1 104.30 111.6 AND 1940 5,666.360 Low. LOW 1 to Dec. 5 1941 Stock and Bond Averages (Close .Low. Close 2Mb,1948 Jan. 1940 3,413,000 Below 104.30 111.4 (High 5058 $4,506,000 Total.. (Low. 111.5 Total salts in $1,000 units... *43 $207,000 U. S. Government (High 3s, series A, 1944-52 Total sales in $1,000 units... *50 83.413.000 Railroad & Industrial.. (Close 111.5 (Close IO8I0 108i2 7,606,000 841,440,000 $3,326,000 6,970,000 Total sales in $1,000 units... 111.6 2^8. 1945.... 11,000 816.000 .(Low. (High 2^8,1960-65 7,905,000 977,180 5.666.360 Hondi (High 2KB, 1942-47 Total sales in $1,000 units... 2^8, 1958-63 31,000 Low. 110.3 Total sales in $1,000 units... 10.777,000 8,476,000 7,138,000 7.060,000 Stocks—No. of shares. I Close Total sales in $1,000 units... (High 61,000 1,127,760 (High 3s, 1942-47 (ClOSC . 37.000 672,000 736,000 535.000 (Low. 109 $1,000 Units. 51,000 530,000 7,743,030 Foreign Total sales in $1,000 units... 38, 1944-49 644,000 10,210,000 105 105. Sates 1,183,040 1.091,490 105 .. Bond Bonds 8296,000 Exchange (High 106.22 (High Total. 101.25 Total sales in $1,000 units. 106.22 Total Government Bonds $3,014,000 6,275.000 Friday. 101.25 4 arm Mortgage (High 3^8.1944-64.......... Low. 1 (High Tnursday 4 United States Foreign Bonds 836,290 . Low. Federal Exchange and MUcell. 450.600 I High Total sales in $1,000 units... Railroad, of Shares (Close (Low ■ 105.17 (Low. 2s. 1953-55 111.22 Total sales in $1,000 units. Number .Saturday Monday...... Tuesday Wednesday . Total sales in S1.0C0 units... (Close Ended Dec. 5, 1941 103 the New York Stock Slocks, Week Low. (High (Low. at Daily, Weekly and Yearly (High 2s, Dee. 1948-50.. Total sales in $1,000 units... K-y'ri Transactions (High ..Low. Total sales in $1,000 units... Low. (Close 2«s. 1951-54 101.14 (High 2s, March 1918-1950 (Close Total sales in 102.22 Exchange Out-of-Town Listed Markets 8 Total sales in $1,000 units... jLow. 2Mb. 1948-51... New York Curb 104.6 (Close 1 Total sales in $1,000 units... 2Mb, 1945-47... 104.18 (Low. 2a, 1947 (High 2Mb, 1955-60 101.19 2tfs, 1954-56 109.9 Total sales In $1,000 units... 3s. 1951-55... QUO TA TI 0 N S (Close 105.25 Total sales in 11.000 units... 3w, 1946-48 106 Total sales in $1,000 units... 105.26 105.26 3K9, 1949-52 106 104.19 2tfs. 1051-53 6 (High 3^9, 1946-49... 106 Low. 104.19 104.25 Total sales in $1.000 units. 3M3,1944-46 (High (Close (Close 2^3 1967-72 (Close Total salts in $1.000 units.. 3^3. 1943-45... Corporation News (High (Low. 2^3,1956-58 Total sales in 11,000 units.. 3^8.1943-47 City News Dec. 5 Total sales in $1,000 units... (Close .. . Dec. 4 (Low. 2^8. 1952-54.. (High 3^s. 1940-56 Dec. 3 (Close Total sales in $1.000 units. :i-" Dec. 2 Total sales in $1,000 units... (High - Dec. 1 (High 2Mb, 1950-52- Total sales in $1,000 units.. 4s. 1944-54 State and Nov. 29 103.5 5 103.5 . . . 105.9 106.27 107.4 ■- 104.28106.28 8 100.24104.4 104.12106.21 103.2 103.10 105.17 105.17 5 104.25 104.25 4 101.24105.7 .* 1 I * 1394 '• • , Saturday i, 6% *6% 7 148*4 149 *0S8 149 .148% 149% 1178 13'% *11% *u% n% *11% 13% 13% 6% 13% 11% 13% 85 84 ' 84 2434 25% 247« 18% *3.4 "1 *18% 6% *84 25% 24*8 8 17 *16% 6% *84 *18 187H *18- 13% 6% 84% 6% 84% 26 26 27% 187« 1S78 13% 13), 17 17 17% 55 5534 56% 5684 5734 57 57»4 20% 21% 21 21% 21% 21% 5478 54«i 55 66 ft 55% 21% 54% 22 54% 7% 7i,| 7% 7% 46% 5% 46% 46% 47% 5% 5% 5% 7i.t . 461 *45% 46% S»4 3014 5% 5% 29% . 1.291.1 1% ,1»4 !■'. 26% 27 27-i 28% 27% 29% 60 65% 65% 65 66% 66% 6734 21 20% 20% 20% 20 % 20% 21 267» 05 .. *20i« 81 *8% 8»4 ,9 9% *8% 17% 1734 1734 18 18% 18% 95% 05% ;' 1 *'%6 634 3X '16 •% 23% 23% 684 " 23% 1% 1% 1®4 21 34% 20% 34 23I4 *i»g *20'i *34l.i *6% *23, 86% 9% 86% 10% 10 10% 9% 934 >10 86% 10% 4»8 4% 4% 20% 1934 20% *4% v.t 20% *2534 26% % *18 27% 28 23% 23% 4».i 4% - 43| ;t 11 n% 10% XfiA/ 5534 55'% i:i. 5% 6% 5% X-l' 8% 1% 1% 1% *<*20% 21% *20 34% 2% 2% 2% 2% ♦32% 333) *321.) 3334 *32% 33,% 45% 1% 28 27%- 27; : , 27% 28 3°s 3% 3% 3% 33ft 33) 7% 734 73.1 8 8 8 42 45 441V ; 10% 10% 10% 4"8 4% 20% 21% 120 10 88 10% 10% ,'S 107g; 55% 11% 56 784 370 American News 11% 1-11 'v: 56% 57% 5% § 538 4 8 11% 57% 5% 5% 8 *778 8 8% : 1838 18 .18 *17 144% 145% ,! , 8% 17% 18% *17 18 142 144% 47% 473.1 4634 47% 483! 49% 48% 49 *116% 117% *116% 117 3% . tit: 3% . *74 78% 5% : '4% *47 263., 34 33% 34 14 - 19 95% 96 17% 17% 142% 144% 49% 48 150 150 17% 18% 95% 96i8 *17 17% 143 144% 50% 0 17% 18% £93% I 93% *8%. 8% 8% 93% 49 149% 48% 49% 50% 49%' 50% 49% 150*. 149 50% 150' 2 3% 3% 78%; 5% 71% 4=% 78% • 5% 3% 79 4% 4% 52 4934 4934 " 51 27 27 27% 27% 27% 27% 2778 27% 28 27% 30 30 30 31 31 31 30% 31 30% 2778 30% 14% 14% 14% 14% 14% 14% 14 14 14 14% *114 *114 14% - — *48 ■ , 150%.Jan 10 29 28% Jan 10 -19% May ?9%May 29 11% July 12 9% May 934 10 1% *1 334 37« 661- " *66 3% 378 66% 66% 2534 25% *7% 8 *7% *4% 478 92 *81 7»4 82 *89 99 27 27 7% *90% 20% *63% 93 2634 63% 2378 24 *56" 73 25% *88% 112% 112% *111 *06 73 *1< 1% *1 . 32% 32% 111 " 111 < 32 29% 30 *111 '112% *111 *65'" *1 90 25% 8 25% 3% 3% 05% 66% 51 25% 4 Founders Inc.-...-10 66 251.) 25% *7% 8 25% 25% ft *25% *7% xi .'•ft 8 ■ 921 90 5% Nov , 11% Apr 25 t 778 *8078 82 80's 8078 *8()i" 82% 82% *80 ,•- *39 99 *88»i 95 *90 95 *30% *88®i 95' *88«4 95 *27 271 27 27 *25» 27 *23 25% *23 25% 91 91 911 *91 92 £91 91 8958 26% 26% 26% 2534 63 6338 63% 91 24% 24% 25% 27% 61 26 26% 27% 26% 27 63% 61 63 63»4 25% 38% *36 38% 37 37 ♦36 49% 25"8 *47 49% 47 47 48 *66 253.4 7% 51 *60% 68 "■00 118% 2% *2% *19% 21% 384-3% 7% 51 69% •*2% *19 3% 3ss4 *06 8 9 *2% 2% 20 22 33i 3% No par pref 1,200 Arnold Constable -100 82% 02% 26% g278 24% 2478 2,400 38*4 -500 49 % 500 Oof Atl G & W I .1 SS Lines 50% 50% 66% *66 67 66% 07 *36 67 *114% 1173.) *114% 11734 *114% 118 *8 8% *8% 8 *8 8% 88; 2% *2% 2% 2% 'ft *2% *2% 2% 21 21. 22 *21 20% *201.) 22 4 37g 37s 3*4 3% 3% 3'g 17,700 Atlas Corp 800 ft 50 6% preferred i...No par preferred—. . ..100 N> par —No par prior A ......Nj par 100 Atlas Powder - 200 5% conv 100 Atlas Tack Corp.. Austin NichoLs.. 130 $5 33,900 Apr Apr 4% May 8% Nov •36 June 9 107 • 12% May V 7 8 • ■97%June 111% Dec 7% Apr May V 04% 68 58% Jan Apr May 35 Aug 28 35% Jan 23 Aug 14 96% Mar 12 2 31% July 22 2 70i,i May Jan „Dec 49% May •95 Der *45 Mar 29%June ft 82 May 13 May ~ 9% May 23% Jan 8% June 22% Apr 9% June 22% 18% May 111'sSept May 29 6% Feb 14 7% July 10 47% Feb 14 51% Nov 21 72% Jan 9 " 1214 Oct 27 61 May 16 111 Apr 22 Feb 4 l%May 13 May 3 6 102 June 7 May 57 6 378 Oct 25% Oct 2% Apr 17 5% Jan 8 8 6 111 4 17a 124% 12% 3% 5% 1288 12*4 12% 338 3% 3% 578 0% 6% 5% 26% 10% 51.4 27% 1078 *5'% 5% 5 26% 26 *734 - *29% 9 8% 32 *29% 261" 11% 7% 32 9 -9 9 9 10% 7% 11 8 "ft 8 8 30 30 16% 16% *16% 21% 21% *25 261" *25 105% *105 31 31 14 11 21% 26 6% 32 16% 105% *105 3% 6% 8 22% 26 3% 6 5% y,:/6p 26 27% -; 26 1078 10% .... 13 13 *30 *21% *105 127ft 13% 3% 6% 9 9% : 9% 17 16% 17 21% 2134 213) 3% 3% 6% 5% 6% 5% 26% 26% 1078 11% 8 • 30% 9 * 27 31 122 122 8 - 6% ,. 26 10% ft. *8 31% 9% ft 13 6% Mar 32% Mar Aug ' 3% 6 % 1,200 26 470 11% 3,900 8% 400 3134 210 3134 -9% 9% 7,500 17 16% 1634 1,400 2134 22 *2158 22% 800 26 26 ft -26% 27 800 —— *104% *263,) 100 ... 31 31 *116 122 7% ;■ *12% 37% 7% .... 371" 7% *13 37% 122 *122 -7% *7% 7% 17 123 *12 37% For footnotes see page 37% 16 331, 1402. 7%i 7% 7% *12 *12 3<% 122 38% .38% 122 7% ... 34% 120% 120% 7% •*7% 100 50 5% preferred.—..100 ittgor A Conv Aroostook. 500 arsnddU Oil Co * 5 38% ►——20 103 2% May 8% Apr 12% Sept 12 8 >'.1 9% July 31 35 Sept 18 Jan 20 Nov. 16 Feb 17 • Mar 10 Sept 12 8 Jau 14% Jan Jau 8% May 4 May 16% Apr 8% Jan 20 May •ft 30% Dec 7% June 13% Jau 2478 Mar 17 23% Dec 25% Dec 20% May 18% May 36% Apt 3584 Apr May 112% Apr 20% May 32% Oct 27% July 22 106 Oct 14 32 Apr 28 105 6 102 126 ' ft Jau 52% 24% „ 6% 10% July 22 31% Mar 24 1 Jan 8% July 29 Oct 7 ft 80 14 794 ■72h .72 4 A May , iif. .;••■ '• 274 m ./ 66 4 m:-8- 654 60 70 . •78 "44. 65 81 ft 58 4 764 584 ; 76 ft -• 41 33 v - -•.aHvM,.-.' •ft J '.•♦4-ft' ■jAX- . 47 72 4,: ■ „ 84 3% 54 16 ft. ,'5- . 77 534 23 ■ 774 534 . •VI8 654 70 -ft.604 57 57 1/N J 14 '44 .38 0 J 64 •64 64 "87"- MS 2I 26 .934 ,">434 •87 ft; T'- 88 88 4 75ft '&&"/■. 40 434 90 : 49.4; ■85] , , — 754 484 "a " >54 10 US 434 88 4 )"b !-lp50 .1941 ./ 26:4 -:64; 26 154 ii— ••.•04 64 264 6,4 ■ ; 26 14 d 23 4 O 19,4 104 -65 -<17 ti -26;4 244 224 19 4 19 4 ,19M 41 194 46 154 12 ,164 fl '•52,4 ••""6 "624 : ".1058 K A ./ 1) ./ 1> 664 66 4 <:*&//, 154 194 20 664 66 .1957 I / H 5s 70 70 10 •4i% 10 4% 57 - declaration4ft;.-.ft- 3% external s f $ Bulgaria (Kingdom . ft- y,ft of).— *80 1961 .1/ 8 —.. l 977 1/ a .1976 4' 1984 bonds , 474 J 214 70.4 704 .77 ,, 44 74 54 AH yf/\: 45" -87; 634 , 45 4 40 . 63 204 294 08'ft, 92 4 - -02 - ft-?3 14 61 4 62 4 13 014 03 A J . 60 4 61 4 63 4 .614 67,.;. •, 65 44 47 484 12 324 6 4 6 54 04 6 5 of)— J J tsecureds f 7s.i—..ftft.—.. 1967 ♦Stabilization loan 74s... —1968 MA , 484 m si '■ 'ft-ft- „• f 'V Canada (Dom of) ft 7 year 2!4s.. 1960 A 30?yr 4s—.. 10-year 2 4s—.... 25-year ■. •ft - - - - - - 106 100 101 4 101 4 1952 M N 1945 F - - A 1001 ./ ♦Farm.Loan ft> 98 00 08,4 984 944 ?•! 1044 ./ 95" 1967 J s f 6s. . 1960 J July 15 : tes July coupon 014.....ft ••.'.♦Farm Loan s f 6s...Oct 15 I960 127 7% June 9% ' , ,, .. ; 17 10 Nov 67% Apr' 41%Sept 18 24% May 36% Apr 41 101H 4n S84i 1O0K 97. mn 984 22 89 99 11 79 V. 100 944 ,*4 64 944 "OH 64 6 6 4 4 154 10 14 4 144" 144 16 154 HH 16 16" 144 ♦6s " 16,: 4 ♦.Extl sinkiiig fund 0s;.Fell ♦6s assented.. w..—Feb < 2 ■ 154 14 4 14 4 •■ 7 : 154 •154 144 154 144 16 154 1 2 - . >"144 — — ./ ♦Chile Mtge Bank 64s— 1957 J ; *6 4s a- seated. — —1957 J D *Si ik fund 6%s of 1926.-1961 ft " *6Es asseuted 1061 j D 14 4; ♦Uuafsink fund6».ft..ft..—.1961 ♦6s. assented— 1961 ♦Guar sink fund 6s 1962 ♦es absented... ..ftft.—ft. -1962 fChlleah Cons Munlc 7s I960 ♦7s assented.;.-.ftft... ft ;ft ..I960 n A O A () ; ♦Chinese (Hukuang Ry) 5s.... ♦Cologne (City) Germany 64s. 1950 .1/ ./ ♦6s of 1927Jau 1901 .1 O 3s external s f ® bonds.ft.ftft,i 1970 .4 O ♦Colombia Mtge Bank 6 4-s.-- 1947 1940 MA ♦,Sinking fund 7s of 1926 F A ♦Sinking fu id 7s of 1927.... 1947 • ►Copenhagen (City) 5s........ •./• -ft,With declaration 1952 J 1953 25-year gold 4 4s With declaration..... —.. Argentina 7s.. ♦Costa Rica (Rep of) 7s..... (Republic) 5sof 1904. .. ; External 5s of 1914 ser A.ft.ft Cuba ,v r , 1> "t/N 1942 J J Sinking fund 54s...Jan 15 ♦Public wks 54s .-June 30 1945 D 1951 1 O ♦Sinking fund 8s ser B—.... 1952 A O 1942 J J ♦Czechoslovakia (Rep of);8s—. 16V 9H nx 8U 14V 15V 3 3 15 154 '■7 10 v 15V 134 134 134 18 8H 14V OX 15 V 13 4 *14,4 134 *144 134 8*4 8X 14V *13 134 8X 13 V 6 84 3 6 10 264 134 14 :"ft,6;':ft- 16 14 64 10 •; 12 .'VVEV 15V 81£. 14V 14 V 42 4 404 ,,42 4 50 30 43 ii 424 33 j! 42 30 30 20 284 2 22 4 434 354 28 23 29: 26 4 4 314 424 334 27. 27 264 274 3 294 i6 ♦26 4 27 " 254 95 27 '2o H ,"254 944 174 1034 1014 774 224 28 • 214 234 404 384 21 38 38 214 95 174 1014 17 10 1 *100 A ,/ . 11V 9V 0 1944 F A External loan 44s......... 1949 J D 4 4s external debt......... 1977 J 1953 J 16 V 13 4 1951 MA 1949 F 15V 10 v 144 S Colombia (Republic of)— A ♦6s Of 1928.— —ft -Oct, 1961 10 V 8 H 14 S D 1951 J 8 10 H 13 4 M M 15 V 15V 1«V 144 134 13 J- -1/N 1/N , 144 •37 144 16 15 V 8H 10 H •lev ...9 ,. 15V 15 144 lev 15V 15V 9 6 144 vft 26 V 1 OH ■ 28 -1 s h ft' 25 9ft 55 16 20 V 8V 10 3 . ■144 : . 10 V 12 ]/rj i 16 * 39 144 -.154 24 ft"ft9, ;■ "14* • 144 14 4 144 6 14' V W • 0)4 144 154 96 5H 6 H 1 04 H 99 X 70 H + /Xy a-sentedi"4X*——.—...I960 A 'O 1901 F A 1061 F A tlty extlfl f 68——.—'—Jan 1061/ '".-ft .*6sassented :...Jan 196LJ ♦Extl sinking fund 6s—Sept 1961 M •> ♦6s assented ..ft—; ...Sept 1961 M ♦External .sinking fund Os... 1962 A O ♦Oftjasscnted. —...... —1902 A I) ♦External sinking fund 6sl —1963 M N ♦es assented— ..1963117 N ' & » ■09 78 V- mx- 16 9 ... V .♦Externalatakiiig fund 6s. 1960 A O 'ft . , 92 14 984 054 "•4 ft-;. 1960 A ♦Chile (Hep)—Extl s f 7s.. -1042'MA' tin assented ft. — . ft.; . 1942 M N 76 4 1034 105 4 *174 *164 1014 "8 1014 106 23 3 105 11 2 234 72 • - -954 194 144 100 4 103 4 101 104 4 96 1014 78, 40 4 994 104 4 73 106 8 4 234 84 234 D Denmark 20-ycar cxtl '', 6s.:. 548—1955 F A With declaration—.ft External • 64 With decliration....——_ External gold Apr 10% Jan 14 1064 4 ♦6s Oct coupon 011 ft... ft - ft 100O|.,— Jan 32% Apr 21 r 98 % — • 30 year 3s.. —- - — ft 1968 M N ; 30-year lis..... . —•. ft 1954 J ♦Carlsbad (City) 8».. -k 1950 M ♦Cent Agric Bank (Ger) 7ri 19% May Dec 3% May 4% Dec ' 28% Feb 17 108 June 25 7 ----5 12% May Jan .12% Sept 12 34 July 25 7% Feb 19 22 1,000 9,000 28 16 $5 preferred w w,.i. No par —50 3 4% Feb 15 5 Apr 23 21% Dec *12 33% 3% Mar 23% Jail 4 5 Apr 23 6% Jan 5 % % pre ferred......... 50 —— • 122- ...100 10,400 Baltimore & Ohio 4% preferred—.. 4,2.10 ■ft'5 2 5% July 31 8% July 31 19 12% Apr 21 18,800 £16% 25% 25% 105% 105k) *104 26 105% 31- ft i27g 3% 13% MA' F> A External readj 44 44s.—ft-1976 4. O 1/N External s f 44-4Us.1975 . Jan 8% Mar 4 7 14 * , 80% May Feb May 6H ; .174' O Cordoba (Prov) B 12% 3% 57» 024 80 4 73 4 I) Feb May 10 "" Dec 97# Mar 51 May 112%June Apr 27% May 43% Juue 9% July 28 • • Dec 13% Feb 15 27% Nov 100% Mar 25% Jan 64% 45% -Oct 21 107 July 102 9 28% July 22 Nov 9% Jan Aug 13% Feb 14 56 Apr Apr . 84 65 - 39% May 2 6 11 ft 1»24 . - 8 60% Jan Apr 43% , M N ft—..— . 0 82 Jan 157g Nov Feb 4 27 4 J - Apr . 23 18 Apr 4% . 102% Aug Apr 41% 35% 3% May 96% Jan it 4% May 4%May 22 88% Sept 10 32 113% Aug May ;6% Jan 10 91% Oct 24 10% Sept 18 88 Sept 5 >9% Sept Deo June 8 3 64% 1«4 June 23 i) j 1971 *6s stami»ed.^ 22% Mar -• June 8 2% Jan 17 33% Sept 17 112% Sept 12 01% Dee .6% May 19%June 7% 101% May 25% May 22 >8 May 16% Jan 5% preferred 83%June May 5% Feb 19 . Jan May 12% Jan 79% Mar 8 87 Feb 19 RR—.100 12% 18 ' 100 5% preferred. 5(4 May 34% Jan 10 ...... 6% Nov 4 Jan 20 100 7% 53% May 28 Atlantic Refiulug—........ 25 27% 11,600 27% "27% 4% conv pref series A... 100 *103% 109% ft" ioi) - Apr 60 100 preferred....•*- .100 4,400 Atlantic Coast Line Feb 20 47% Jan i, 5% preferred....'..100 12.600 Atch Topeka & Santa Fe.. 100 . May 14 6'8 Apr 18 .120 49 . Apr 91% 6 12 ♦24 4 41955 fVExternal a. f A.4-4 Refunding s f 414-4 4s 175% Mar 89% F! 11. *10 4 Mar Dec 2% May ♦104 /; i?4 Feb 18 -6884' Pec -23 y 7% 2d 400 Aasoc Investments.^Co.No par 90 93 ft 5% Jan 25 70% Sept 30 72 Sept 18 Corp..—.5 6% 1st preferred. ft;., .'.c *37- 48 27% 2034 27% *108% 109% *108% 109% *108% 109% 7% 7% 7% 7% 7% 7% 51 51 *50% 51% *50% 51 114% 115 *8% *8 109 25% 24% *47 109 • " 25% $3 conv prior Dec 20 3% Nov 26 ?% preferred'..: .•_.„—-100 100 8,o:k) Armttcong Tlork Co . . .No- par Feb ' (I a im 'ft Jan 23% -• A A . 14% Apr .130; June 64 A Buenos Aires (I'rov 462% May 12% May 66% 10 4 104 ♦External With Feb Jan 35% July 29 17% Sept 11 Feb 24 1 26 109% Mar 24 —No par 4% .4,100 Artioom Corp. 7 % preferred... 100 90 ft 130 3,700 Associated Dry Goods...... 1 78) 7% *36% *115 7^4 7% 49% 50% V 7% 1,000 • • Dec 54.' Apr 65% Dec 11% May 145 ,AIay 9 115% Oct 1110'8June 30 9 Feb 17% ; 25% Apr 21 ; 11% 41% 33% 104 -ft Slaking fund gold 5s; Gft.ft-'i ..1950 ft Sinking fund gold 6s,;.. . ♦Bud qiest (City of) 6s. Eftft'ft .1962 12% Afar . ( ♦External Brisbane (City) s f Mar May 70% 56% July 14 30 July 22 22% Feb 14 . Jan 70 A s f of 1926ft .1957 .1957 s f 6 4s of 1927. ..1052 ♦,7s (Central R.v)..ftft— . ft 7|% fltov Dec May 11 - 99% Jan 11 !8% Aug 8 81%Sept 18 ;8 Jan 4 12 4% Nov 29 46% May 13 200 Armour&CofDel) j>f7 % gtd. 100 10,0)0 Armour & Co of Illinois. ..- 25% 78) 139 .7% Jan 1Q Feb 14 .51 Jan 10% •■ 74, 74 With declaration......'ft II684 Aug26 2%Nov 12 78 Nov 3 v" 66 7% 7% 33% 2534 90 91 *90 90 4% 4% 43s 434 458 4"8 4% 5 90 33' 7% 7% *47 25«4 1*65-% 66 29% Aug Oat 17 113% Sept 25 ' Jan <7 Nov 13 - 24 ; 500 Andes Copper Mining.....20 A P W Paper Co inc —5 "moo Archer Daniels Mldl'd.No par 93 !l% ' *30% ♦108% 109% 7% 7% - 111% 111% *111% 112% 37« 37« 3% 3% 65% 65% 65% 651 73 *86 73 "07; "«0<2 1% ; *1 % 33 32% 034 '"""9*4 93) 934 1% *1 49% Jail 21 - - ' *9i-> 9 May 12 A Elec.No par $8/ 1st preferred No par -Woolen.....No par 1,400 Preferred 100 5,000 Amer Zinc Lead & Smelt 1 100;' $5 prior conv pref -.25 30,900 Anaconda Copper Mining..50 530rAnaconda W A Cable. .No par 3,300rAnchor Hock Glass Corp 12.50 $5 div preferred.- .No par *114 *114 *114 *114 4% 4% ♦48 51 *48 " 52 *48 ■' 4% 41 Sept 64 ft 104 Il955 >"j ^Brazil (USof) bxteroal8s.. 18% Nov 30% May .122 May 45% July 28 . ft 4 145 .17% Nov Jan Pec —•—•.25 No par Jail May 54 . 6% 63% May .- 155 200 v1' 70% 73% 73 73 5 23 Nov 29 2,500 American 5% 71% -72% 4% 4% 71% 4% 72% 5% 10% Oct 2 4(4% July 29 Mar 13 ..100 ft 48% May 4 Mar 163 104 "l"»58 >" "d *E\toriial sinking fund 6s. Mar '• May -31 24,100 Am Water Wks 3% 70% 2 34% May With deel iration. ft. - Janj J ' 434 ♦Berlin (Germany) s f 6 4s— WitUdccIiratlou....... 26 ft; Mar 20% June • ,138 11,800 American Viscose Corp.—-.14 >% preferred...—.——100 5% 5% 5% 5% 121 100 — . - 1,600 Am Type 25 July J ■ft* 16 >ft. Externals f 7s Deo 12% May 10 4 .1045 F A .With decl iration. ft ft Jan. 8% ./ "1949 Exteriial s f .. 22% . n% 11H J "104 10 4 10 .... . 4s_ft.—-ft .ft¬ With dcclaratiou.. .ft.— ft; 14%%Jan l»4May . 6 4s. With ideel iratlou. j.. _ft. . Jan 92 354 74 104 IO4 ...1972 Belgium cxtl 6 Apr May 2.1 4 74 4 J B - 38 28 4 rSi ■ 28;.. 4- •.'••!• - 15 "104 28« 224 J 5s—.. 1955 ♦Bavaria (Free State) 57 10- ►May 4s Apr * 4/8 23 ' 13% Aug - 4s Feb 8 f extl conv loan ftft' 27 27 J —. Mar 6% . ' • 1114 J —1972 8 f cxtl conv loan Apr Apr 35 May 10 — 79 *78 " 79 *78 5% . , 3% 33.1 3% 3% 79 5% *7212 — Steel Foundries- 41% May 13% Jan 14 8% Dec 3 Co....No par 22% Sept 17 13 Feb 19 Refining—100 98 Sept 24 -81- Jan -2 Preferred....... lii....K)0 1,009 19% Aug 6 -11% May 27 300 Am Sumatra Tobacco—No par !14 2 Dec 1 ,168% Jan 6 25,200 Amer Telep & Teleg Co... 100 73% Jan.7 »• 46% Dee 1 16,000 American Tobacco.-—.—25 74% Jan 8 i 48% Dec, 1 Comtn )n clits B— — ..25 3.8,520 159 Jan 9 6% preferred..—...100 ,146% Apr 26 400 ■' ,-i a nter June Jan 13 ,7 2 Apr 18 34 3 12% Sept - 700 American Stove 3,100 American Sugar ' 3% 73% Jan 7% May 23 30 Feb 14 par May -. —. O With declarattou.. .ft. 3?| Apr • • 28% May Jan 13 7% "Jaii 10 ft->4% May 135 June 165% Aug 15 9% May 15'8 Jan 6 Dec 4%July • .No par 1,300 American Stores-----. 50 *148 18.60 No par - 3,300 American Snuff % 0% preferred.; 14*366 143% 14478 144% 145 j Building Co. ■ 43S 4% 4% 4% 4% 4% 4% 4% 26% 26% 26 .26%. 2678 25% 2578 26% *116% 117 *116% 117% *U0% 117% *116% 11.7 78% ■ Jan 39 5 4% Nov 12 155- Feb 17 10% Dec 1 53% Nov 18 100 preferred 19,400 Amer Smelting A Kefg Preferred, a i, 400 17% *16% 17. 17 18% 93% 49% 150 4% % conv 350' Amer Ship i 18 . 49% 150 3% Jan 13 No par tr'fli *81" 5% -5% 30 30 18 49 *148% 150 *148% 150 4% 4% 4% 4%* 25% 25% 25% 25% *74 8% 8% 96 90 95% *95 8% .26% Aug 30 46% Jan 13 Stand San'y.No par 18 90 5 /22 24% 6% 38 Dee 1% Apr 28 l,100jAmerican Seating Co.. No • 8% 23% Jan 24 ' Jan 27 .1957 External g 44s of 1(128.. --ftl956 ♦Austrian (Govt) s f 7a — —"1057 66% Apr 22% Dec % Nov ; 2,700 American Safety Razor " 3.1 121 z26% Dec Am Rad <fe 3,290 2% Feb 15 15% Apr 24 Mar 4 No par No-par ... May May 6%8ept 17 -4 ft <r 34 34 *34% Co. —_N« par ft 3 ■■■2.. 8 Power <fc L4?ht...No par -—-100 563i 6 • 26 4 A Governmeut)— 1948 Australia Com" wealth External 5s of 1927 May ft 50% May 23 - 95%June 21 13% Jan 6 Apr 23 Nov 9% May 17% Jan 10 111 70 •;# "Preferredt jvi ,U yUi' 15,500 American Rolling Mill—-.—25 34% V : 34 34 35 1 37% 3834 393« x37 33% 391.1 37 36% 373g •367ft 38% 363.1 xl44% 144% *145% 140 146 145 *145% 146 149 *145 147 *146 34% 34% 4 33-% 31% 34% 341.4 33% 33% 31 31% 32% 31 145 *142 145 ♦142' 145 145 *140 *142 145 *140 145 *140 18% 18% •> 18% 18% 18% 177« 1778 17% 17% 17% 17% 17% 978 10 9% 10 9%, *978 10 978 9% 9% 9% t 3484 *31% Amer 70,600 118ft 5 preferred.-i-.—-—IOO 6% 200 15,300 4% 4% 4% £4% 165 *1623(, 165 ►165 5% 5lft *77ft 8 Metals—No par Ltd—-No par 900 Amer Mach & S5 preferred 50»4 56 5% 5% :/:-&■;/ 5 434 16434 165% 11% 11% ; . 10 6.2 )0 x22 5 79 4,500 Amer Metal Co 50 r Jan 2 9% Nov 13 Co .No par 3,700 Amer Mach A Fdy >■: V 7% 2% May 8 13% Jan 27 41% Dec . 10% May 103 100 152 1094 1094 F -A 53.-^.1958 .414n. X fti ftft .. ft . S f ext conv loan 4 4s.ft ft... 2% Jan28% Jam - 11 B..1945 f 8 f exter nal 6% Apr • Dec % 14% Jan 6 7% Nov 22 ! 5,800 American Lqcotnotivp.No par Preferred—i iO ..—100 1,9,)0 6,000 x26% 25 3%June preferred -..j-..50 27% 2234 29% 4% 5% conv 90 $6 preferred 2384 ..-—100 --No par Invest Co of 11L—1 •< • s Arge 'i ti 'ie (Nat ional 15% Apr 91% Mar -3% Mar • 3% June • 51% Aug- 8 2% Sept 3 30% Oct 7 3 Feb 14 20 • , 1% Feb 20 -No par 5.000 Amer Intermit Corp. 600 American N6V 43 Products...1 6% non-cum pref— 1.300 26% 283.1 *165 3.700 Atnericjan Home %«- ,,lie ; preferred. 1,500 American Ice.i—• 4% 26 "id 203) 29% 50 22% *114i« 119 26% 33% Aug 29 Feb 14 27 Conv Sepl May 15 29 -22 119 %' preferred...■.-....No par • 10|% *4!% ; • 24% -2484 ft 25% 29% 28% 23% in $6 15 IDs Apr Jan May 2%June 20 4 14% Fob 15 1% D2c 3 ■ 2 61S Dec ( Apr 1 % May ./ A—.1945 coll 7s With deel rat ton.. 934 8% 8 101.29 103.2 — Antwerp (City) external 4% May 75 178 Jan 3 ftj 6% May 6 6 -V«%Aa3K0 1% Jan 3 28% Sept 19 378 Jan 13 24% Sept 19 38% Jan 4 4% Jail 10 2,000 Amer Hawaiian SS-Co-i-2rlO 1,700 American Hide <fe r,eather... 1 .4 88 26% >%6 f 2,500 S7 2d >? 200 *8 45 , *41% 22 119 •26% *26% 14l« ft''" ,»t« in 8 10% 21% 119 119 26% 26% 3% 87% ■ 5 4% ■ 45 10% 20% $7 • *41% 10% " 10 87 Us 134 1% & x< preferred.......INo.par preferred A.. _Aro par 2,000 47% 1% 28 3% 46% ' 46% 46 Amer 7,500 -.No par For'u Power—-No. par ' Dec 23 V Jan Nov 95% Sept 11 19% Aug 7 78 Dec 384 Jan European Sees Amer " 35 35 35 45% ; 1% 10% 8% *23% *1% 2% 87% 5534 6% %« 24% 2 21% 3434 4534 *115 47« • 86% Ti"% 7% 8% 3ft 2438 10 24% 23% *165 «i« 24% ■ .1' 7g *6% % 21 - ♦165 % 63.) 24% 10% 87% " -7g 834 Jail 23 078 Aug 29 101.4 c 102.1 7sseries 0- -ft -l''H5 ♦ Externals 17sseries D.^.j1945 ♦Externals f 7s 1st series — .1957 ♦Esternal sec s f 7s 2d series. 1957 ♦External sec s f 7s 3d scries. 1957 ♦livternal ■ - 140% May 13 F«b May , 101,4 el 02.1 D (Colombia) - *Evternal s f 7s series % 115 ;9-May Nov 27 £17 5 Jan .112 3 - Jan AkorshuK (King ♦A'ltiouuia (Dent) 33% May Nov .13% May 400 May Jan 21 101.4 I ft" ;Y',- 65 • May 34 I ..1947 0s......—HM8 of Norway) 4s.1968 ♦Gtd sink fund 61 -.16%. -Jan May "-18 104.30 107.26 *Gtd «tnk fund June 185 104,30 Municipal Agricultural Mtve Bank Jan 2'* July Oct 85I4; nee 164: May Jail 115 9% Feb 19 Tilin?—1 1,600 American Encaustic < 4% Feb 17 78 Apr Jan 135 Mav 1% 7 34% July 22 79% July 11 23% Jan 7 185 6 6% Dec Apr 12% 45% '04.30 City Tortlgn Govt. & ft 75 May 428 95% .Jan JO 9% Mar 27 NJ 25 10 Corp..20 Co Comm'l Alcohol Am 5% June 28 102.15103 i/N 3% Corporate Stock....... 1980 Jan • 10040103.3. *106:17100.25 1942-1948 M.........1945-1047 New York High 108 105,1 105.6 *104,30 "ft • i- 105.24 107.28 *100.17 lOOV- Transit Unification Is«ue~" .50: •«% May June 35 2 Aug z98%May 29 ,121 Co of AUe jli Co American Colortype 21 ► Jan Jun' 6 June 18 3 107 V, Apr 22 3,000 American Crystal Su-pir... .10 50 6% 1st preferred 100 2»4 4% 20% 26% % $; % 28% 28% .- *8% ft 634 87 *26 18% 95 34% 41% 93-1 120 *115 120 *115 18% 95 21 1% *26% (27% 42 42 45 86 19 95 23% 1% 3'4 8% 3% *7»4 2,000 34 45% 27 27 """5OO 9% 21% 33-% .45% 1% 1% 814 *41% 34 *32*4 *45% 3% *734 34% 6% 18% .'%6 1»2 Am Coal 19 41% 130% Oet 23 Feb 15 18%Ju ie v "■ - Jan Apr No. Low c 105.8 , ^ J 1944-196Q 1H9series ft ; acto Hfgh - - (•'05.8 ••* ■ Siuce/■'*(•Ian. f' 1ft 1/8 I ft' • 1? Friday's '■/ Asked -Price/ Bid & 1/N • Range Ranoe or ► Low 2seriesCi....ft..... ;"i 58% Arr 38% May 12% May Last v:. Week's./ ysofcft I VP _a942-1947 3s series A Dec 2% 18 ... ftft.1942-1947 ^,ft i ;ft. Home Owners' Loan Corp—* - Apr 19 56 : Cable Inc.No par 5% conv preferred.-....100 American Chicle .No par i- 9% May - . -1944-1004 .1944-1949 3s 2 %s.. ..ft 417* Jan ,18 Nov . 1% May 1% Aug 'l & Sept 15 •70% Nov 28 l7l%May 28 23 ft ■ Jan 7-9 -: 2184 May t 11 June 20 39 -May 55 4 63% July 22 41% Feb 14 21 Dec <5 14% Fob 28 58% Jan 2 40 Feb 19 9% Aug 8 5% Apr 22 47% Dec 4 42%Juuc 19 5 Oat 22 ■N 8% Jan "2 100 Preferred.'..j Am Chain & """600 95 ft %« 1,600 6% 7g *6% 38 18.1 33% 45% 1% 20% : 234 45% 2734 3% 8ft 24% 234 *32% 1% % •24% 1% *20% 234 33% *27l4 - 234 *32l.i .. 684 *6% *612 *9412 .1-• • % **«i4 •..*, 95 95 95% *95 2,800 20% 9% 9% 9% 18% 95 63% *13 21% Aug 13 Apr 12 10 100 7,900 American Car & Fdy. -No par 106% 106% 7 —. 29% 110 *105 19 *13 684 "*fl% 63) *20 20% 110 106% 106% 19 *14% 7/ 68% 68 •" 6 334 £20% 105% 105% 19 *0% 1784 >';■ 8 >4 ; 7 *6% 104% *14 19 *13 7 *63.1 104% *101% 107% 104S.( 105 *13 19 2938 i Preferred.—i 300 180 . 29% 30% *105 *105% 110 *105% 110 110 *105 110 *105 178% 178% *178 178% 14% Mar 13 1%. Apr 25 , 25 14,900 American Can...-..-- 75% 74% 76 75 7584 7334 178% *177 178% *177 *177 177 26% v 73% 71 701.1 70 177 74% 7? Jan - 30% 3130% 31% *128% 129% 128% 128% ♦128 k) 129% 1%; ft; 2 17ft .ft,; 2; ft 30% 30 30% Oct 29 37 Week Ended Dee.* 5 31<3..... ft>> 31—...... : Apr 9% 4% May 9 87 6 % preferred. - -. i 410 -50 1 1,600 American Bosch Corp.. 29% Oct 16 4,000 Am Brake Shoe & Fdy.No par 100 5 H% conv-pref..'. 100 rl22% Aor 14 I Mar 18 11,300 Amer Cable &, Radio Corp—1 47% 47% : 5% ■ft. 5% 30% ,31 l7 5% Apr 21 S>pt Jun<' 10 ft; 16% BONDS ft- ;■ •• Vftftft N. Y. STO' K EXCHANGE I U, S. Government (Concl.) , < Feder iJ Farm Mortgage Onro— ►684 June ■.*: 12% Apr I35ij June 182 % Apr 87, May ^14 v. Jan Aug 27. 143i Apr 24 3 Highest ;V 24% Nov 29 -.50 preferredl 6 13 71% May 14 2,600 Amerada Corp.----—.No 1tar 2,100 Am AsricChem (Del)-.iVo par -10 3,100 Am Airlines Inc.... - ^ 10 4,200 American Bank Note... 65% 7%t 7% 47% 5% 6% 7% 7% 47 6% conv 100 6 1 11% Feb 900 Amaham 4 rw'v '»'If.;* Friday I? Sf i'ft'V ; V -' - 11% Jan 2 107% July 28 Nov 28 '8 10% Feb Portland Cem -No par Leather Co Inc.. - -1 400 Alpha 18% *18% Jit *10% 55 30 M. 26% 1884 «4 6 144% Mar 18.800 Allis-Chulmers Mf'2— 51% *128i2 1291.1 *128% 129% *128% 1% 1% 1®4 1«4 it 28 18% ft : % per share f per shore 26% Mav 15% Mav share per •25V Jui. 18% Apr 21 Corp.-iVo par - - ___ -_ 1 Industries Inc. No par 9,200 Allied Stores Corp 300 5%. preferred—; -——. -100 .-No par 84% 27% *84% 20% 5% ■- 27 - 561.1 ■ ; 84% 56% 46 } 84% 17% *16% 17%. *1 $ share ner Lowest Hiohett Lowest 5 Par 600 Allen Year 1040 V 1 3,800 Allied Chemical & Dye_ATo par 5 400 Allied Kid Co No pgr 3,000 Allied Mills Co Inc l>s—11 13% 13% 6% / 6% 0% 6% / *16>s 6'8 149% 150% •'-'ft: J V RECORD NEW YORK BOND Ranoe for Previous I ;«:'i \ 00-Share Lois On Basis of •EXCHANGE , 3.700 Al'rhny Lud Stl 21 6 "ft 20% ; Tuesday, December 9, 1941 ; ■■■ • . r- Ranot 8tncr Jan.. Shares 20% 56 56^2 20% -20% 54% 543.1 5i3.i 7% •" 7 ,'v 7 . 61.4 *84 17 *16% 6% 84% ■ ■ , r'm Week Dec. 5 8 per share 6% 67ft 634 "634 149, 14934 xl49% 150i« 11% 11% 11% *11% 13% 13-34 1334 13% 150% • ■■■..•■ ■ •: •_ , YORK STOCK NEW the- ■ Friday \ E * • . 4 $ per-share $ per share 21% 21% 21 ft. 21% : 21% 684 £10% 21% 6% 21 2i 21 S per share $ per share $ per sft«re ',■■■ Sales Dec . i*-- j ... -o . ^ STOCKS •for Thursday .'X Dec, 3 % 2 Dec 'Dec. 1 Wednesday '<} Tvesaau Monday . Nov, 29 ■ ..*■ " PRICES LOW AND HIGH SALE i •*. * STOCK RECORD NEW YORK ft'j. 4" FINANCIAL CHRONICLE ^ COMMERCIAL & .THE ny ■ g 4 4s.i -. .Apr 15 1962 A O For footnotes see page 1403, J 66 114 40 14 314 734 38 4 694 29 4 52 65 334 ft -.-.With declaration..ft— 554 "36"-" 34 4 34 4 38 21 27 4 31 52 4 • 60 Volume 154 Number 4017 NEW Munic. Ln.it |1 Low 5Ha 2d scries ......1969 A 61% ♦El Salvador 8s ctfs of den Jan. 1 CQ 05 Hlgf V 61 60 'Wh 60 - 61H O No. Low Raturdivr 61% 5 52 4 52% '62 i 5 52% 1 52 1 • - 6 * * - • 6 6 * 1 J 8 1967 J J 9 H 27 8% 4 9 2 7% 8% 17 s f 6 Ha... 1953 A/N With declaration....... French Republic 7s stamped... 1949 With declaration. *5' . 9 j. 55 i 51 I 6 )"b '*S7H -*79 ft, 64% .... 98% 41% *21- 42% 22 29% 30% 20*4 I". 20% 42 .20% 10% f- 93 i V ♦5 Ha of 1930 stamped 1.1965 J D ft" 4 *5Ha unstamped.. .1965 ♦5)S8 8ptd (Canadian holder) 1965 ♦German Itepextl 7sHtamped..l949 AO ♦7s unstamped-... German 236 4% AH .,'■.•7 - -ft-4%. AH • 1949 — . H .3/ ft Prpv A Communal Bks s ♦(Cons Agrlc Loan) 6/8—ft.1958 J D ♦Greek Government s f ser 7a.. 1964 UN ♦7s part paid. 1964 *8lnk fund secured 6s......1968 V~A 3% 11% 3% "8% *21% 22% 22% 2r 21% 22% 207h ft 21% 19% 20% 20% 20% 1% 1% 1% 1% 30% *3% 30% 3*4 8% 18% 27% 40% 2% 21 > ' 19 4/ 7 ; ."'•8%' 8 18% 27% 40% 2% ■ : T 6% * 26 9"" •'3% *7V» ' .17 % ■ • 8% 16 15 '"ft ft " , O m 6% O . With declaration. * A O " * "48"" With declaration.........-—. Hungarian Cons Municipal Loan— i? *7Ha secured s f g. 1945 J / 47s secured s f g— 1946 J ♦Hungarian;Land M Inst 7/s.1961 ♦Sinking fund 7 Ha ser B—— 1961 .With declaration—- ft 38% 6% J M N 4% 5 *4% 6 5 ■/ 4% 53 4% 4% 4% ft, 4% 4% 10 .... A 27 ft 52% 3 ... Hungary 7/seXt at 4/8 to.-.1979 F 26 53 8%~ ■/8% 23 17% 17% 2934 1734 55% 55% Irish Free State extl s f 5s....i960 UN ♦Italy (Kingdom of)extl 7s... 1951 J *61 1) io 16 •> ► - 15% - 75 15 15% With declaration 47' 46 ftit Kxtlslnklng fund-5^8.j/.—1965 ft With declaration--. -ft. ♦Jugoslavia (State Mtge Bk) 7s 1957 10% ' 30 A?.N "44" 38% • 44ft. *26 4% ,-..j 4 .4 • *19% 19% *52- 56 79% 56 58% 2 2 *2 40 ' 27 y- >ft5% ■*ftft—" ■v -(•v. T- 5% 1 . 26% 9% 8 *30% *37 2% ♦Mexico (US) extl 5s of 1899 f. .1945 CP J •Assenting 5«-of 1899...---. 1945 Q J 1954 J D ♦Assenting 4fl>of 1904. •Assenting 4s of 1910—...ft. 1945 10 61 ...i - J 23 - ftftfts. - - ft: *63 Series A 11 10% *"10%" 11 10% "16% 10'/ ...vft *63 H" -1959 UN 11% 11% .*63 Hs 14 8 10 8% *17-' 8 f k 54 -. 70 - .49 ; 99 v 1% 488 1943 F 72 H *70% O A 70 79 '79: 79 With declaration 1944 FA External 6s— With declaration..—- M~ S External sink fund 4/8ftft— 1956 ft 48 H With declaration Externals f 4/s 1965 A O 43 H 43% 9 76% 84 . - - - - 14 "79"* '."I 4s s 1 V ft4% 48%. "'22 50 I extl loan..... ....1963 FA "43 42 ftft With declaration. Municipal Bank extl 8' f 5s.. 1970 JD With declaration..—— *35 79 85 52 85% 86% 16 4014 . ^ 16% 16% 40*4 *39% j 53 *52 . 51% 31% 53% 34% 49 50% 33 47 29% 32 50% 45% 29 40 27% 28 —1 With declaration——....—.. ; *'i« :■% ..*M« 9*4 11% *9% < 50% ft 24 With declaration.. Extl deb 5Ha —- --11958 UN 9 9 ft -1-1955 AO With declaration- Oslo (City) s f A Ha.. — With declaration.... 32% ft 42 i 45% 33 40 "37" ""e 32/ "32% "14 24% 37 ■. 30 33 t .(•ft. ♦Panama (Rep) extl s f 5s i er A. 1963 M N ♦Stamped assented 5s. .1963 Stamp mod 3/8 ext to 1994 Ext sec ref 3 Ha ser B .1967 ♦Pernambuco (State ol) 7s.ftft.1947 ♦Peru (Rep of) external 7s 1959 — ♦Nat Loan extl s f 6s 1st ♦Nat Loan extl 8 f 6s 2d D M S For footnotes see page 1403. 65% *104% 69% 66 106 9 9% 8% 8% 8% D 8% 8% O 8% 8 M S 1961 A 71 e. 69% 66 M S ser.. 1960 J ser.. * A/N J H 8% 8% . 57 2 54% 4 51 : *25% 34 6 *24% ♦103 38% 3634 *144 8% 8«4 38 5 8 rl09 June 11 3 Nov 29 81 Feb 14 No par 7% preferred..........100 300 *54 55% 300 7% 3 21% 10,500 2,900 7% a 22% -5%.,5% 7 • *27$ 21% 5% j. 2% 8% - 94 2% 2% 1,800 8 8% 1,600 *93% 9 1878 *52 56 par 260 1,600 Dec 12% Jan 25% Jan • 41 Apr Nov 34 Jan 17 Junr Apt, 24% Mar 7 8 Dei 12% 76 6% May 97 9 5% conv preferred—_i...30 Butte Copper A Zinc 5 Byers Co (A M)......No par Participating preferred—100 Byron Jackson Co. No par 10%May 29 2% NoV 26 7% Apr 21 7612 Feb 14 7% Apr 29 24«4 Sept 25% Ja(L ,37% Ap? 29% Apr. 12% NoV 119 3 May 21 /May July 29 Dec 6% Jan 72% Nov 20 35% Sept 17 20% July 28 17% May 12% May 35% Nov 21% Jan "9% July 24 "7% Dei "12% "Jan 4% Sept 9 Sept 9 6% July 28 23 Aug 6 4% Jan 4, 5% May 4% May 17% May 2% May U% Jan 9 July 28 39 May 82 9 May 15% Jan 14 May 50% July 1 May 4% May 20% Feb 3% May 2 •:; Oct Jan 5% Apr 10% Octr May 7% Jan 23% Apr 5 Sept 13% Just 6% May 100 12 8%kNo? 38 Jan 5 25 4% Feb 17 May 53% Ap 4% Nov - 8% July 22 34% Jan 6 1 10 Dei May 14% May 6 Jan 17 56% Nov Nov 28 27 Mar 13% Apr 26% Nov 41% Nov, Jan r5% No\ Sept 13 23% Mar 21 5i.t Jan :,7 ... May 1% 14% Sept 22 12% Jan 234 Jan 38% Nov 13% May •37 118 25% Jan, De< May 4% 2 9 6% Jan 14 3 2%May '■1'6% Jan l 7% pf 100 % 26 6 197s ISTb - 19% *52/ 56 _,Nov 1034 5'8 10% 14 14% 6 8i« 57« 1078 1378 *28 29 4% 33% 2% 2*4: ft 120 • ' 14% 29 v 3 33% 70 — *112 113 25% 25 103% 103 ■8 - 18 *26% ft 17 38% 39 37 36% 800 22% 14-% *10434 -15% .ik *105 *110 112% *110 -16 * % - 15% -• 16% % 5034 ' 52 14% 13% ft. 1% 1% T 4734 49 *43% 45 7% 334 38 08% 1% 1% 5 18 *3% X3578 *95'8 >1 5 4% 1*4 2 ■"*1% .10% 10% 10 5 -5% *5% 16*4 '• 17 17 ; *52 41 40% f 53 % *52 337S 2% *38% 2% 40 *83J 86 2 10% 5% 60 24% Sept 18 54% Nov 13 3 1% Jan 6 7% Jan 6 10%June 3 14% Jan 10 17% Sept 18 11% 27 5 40 34 Nov 3% Feb 13 33% Dec Jan 7 5% Aug 2 39% Apr 3 3% July 31 1 62% Mar 1% Feb 8% Feb 19% Apt 11 (May Dec July 23g May 29% May Capital Admin class A......1 $3 preferred Aft—...i—. 10 Carolina Clinch A Ohio Ry. 100 37%May 26 41' 84 1 92%May 20 Carpenter Steel Co 22 Apr 23 2% Apr 28 30% Jan 14 3% Jan 29 22% May 87% Sept 18 39% May 800 .....A Carriers A General Corp___.l Case (J I) Co.. ...100 3,000 ' 1,700 Preferred / 280 Nov 28 2 100 Dec 43 Feb 14 112 Mar 18 125 12,000 Caterpillar Tractor....No par 30% Nov 29 4,000 Cclanese Corp of Amor .No par 10D '7%: prior preferred—...100 Celotex Corp..l^...No. par 18% May 26 116% Mar 19 6% Nov 13 . 7,300 70 2,700 2,200 60 , 800- •5,100 .200 80 5%. preferred......... ft 100 Central AgulVre Assoc.No par Central Foundry Co ...1 Central 111 bt 4 H% pref—100 ICent RR of New Jersey..100 Dec 121 22% Mar 25 3% July 24 17 Aug 1% Apr22 115% Jan 29 Tl5i2June27 134Junell 4% Feb 3 2% Feb 19 ; Oct 30 27 3,100 4 820 6% prior preferred—— .100 ... Jan 128 1091 iJur.e 10 Cerro de Pasco Copper.Na par Certain-teed Products 1 .. 75 June June 77 _ 32*4 Mayi 3% Nov 48 75 'v/4% Aug 16% Dec 4 Apr May 42% May 20 May 105% May 100 lO%June10 June 11 Jan 6 45 92% Dec Sept24 66 Apr May May Preferred.!.i..1—ift.:..100 6,700 2 Jan ,50% July 15 29% July 28 122 Sept 5 2 5 Central Vloleta Sugar Co.i, Century Ribbon Milte~Nd pari ft: 2% Dee 36% Aug 75% June Jan 17 Anr 40 40% 20 70 •2au 6% Mar 1,100 "ft v Mar 11 % Dec 5% Feb 19 9% Nov 12 Canada Southern Ry Co.. 100 Canadian Pacific Ry 25 Cannon Mills.. ..No par 26,700 900 AM 9% 11% 1% 11% 1% 2478 33J *31 40 *32% 42 278" 3 *— *112 2534 *103 *8234 *48*4 •-"] 70 103 ...I *83 ft —ft *48% 39% 40% 37% 37% 145% 145% 90%; S0% *61% 65 39-% 37% 800 ' 1434 26% 26'% 103 „„ -- *700 800 *11% 1,100 70 6,300 1,500 %2 3.)J 1,900 900 9% 300 2,200 700 '1% 11% 1% 23 23 5134 52% 4*2,100 9% 3,000 9 34 " 26"8 103% 37ft 1434 70 11234 113 39 *650 :. 112*4 1,000 17 934 99 34 5,700 5% *%« 51%. 52% 9% 9% 41 2% 1% 10 » *26 33% 1,500 bo be 278 33% 134 1,200 li« *97 3 ' 4% 100 » 99 33 *1 21,600 400 9% *96% *2% 98% 1% 4% 100 9% 97 33 3% 357„ 60 53 9% 52% 9% *3% 35% *95 500 1,000 700 2,100 40% % 51% 8 " 16% 4034 *52% %6 *22% 17% 8 53 3ai 24 78 18 99 17% 978 *5% -17% 40% %« *23 17% 99 ■ft 378 36% 98% 1% '14% *9%. 9% 11% 11 *4 1% 1% 50 *96 99 *32% 42 *278 *33% 3 400 34% 800 * Chain Belt Coj....No par Chain Pap A Fib Co 6% of. 100 .11* May 106 June 1% 4 2 July 28 Dee May 2% 56% Jan. 35% Apr Defc 12% Feb May 26% Apr 338 Jan 114% Mar 578 Apr 11 s4 May 72 Oct 6 Mar 100 Apr, 5% Jan 13 Sept 22% May 3% May 37% Jan 14 15% May 97 Apr 2 Feb 19 34% July 12 2% Dec 1 2238 Apr 21 ._*,,_5 2% May 23 33% Nov 12 Preferred series A ..100 Chic A East 111 RR Co .No par 93%June % Mar l%Mar 12 par Class A.......ft........40 Chic Great West RR Co.T.oO 5% preferred-.———.ft.5U Chicago Mall Order Co.....5 Chicago Pneumat Tool.No $3 cony preferred.ft.No Par par Pr pf (?2.50) cum div No par Chic Rock Isl A Pacific.. 100 7% preferred.. ft....... 100 6% preferred.,ft.......100 Chicago Yellow Cab...No par Chickasha Cotton Oil .10 Childs Co.— j Chile Copper Co.. No par 25 Chrysler Corp.]. City Ice A Fuel .....".5 No par 6H% preferred.100 City Investing Co.... 70 _ _. .100 City Stores .ftft—.ft,. .....5 Clark Etpuipment. No par C C C A St Louis Ry Co-100 „ 5% preferred. 100 Clev El Ilium $4.50 pf.No par 26% 27% 27% 28 102% 103% *102% 103% 4,600 Clev Graph Bronze Co (The) .1 *83 *83 *46% 70 — • *48% 40% •40% 40% 39% ' 38% 38t2 145 *144% 148 90 90% 90% 65 *61% 65 — 40% 38% 145 ft 90 *61% *650 800 14%; 15% *650 9,100 3,500 40 2,000 100 800 15% 15% 15% 15% 107% *105 10731 105% 105% *104% 107% *104% 107% 15 1 15% 15% 15% 15% 15% 1578 16 16% 112% *110 112% *110 111 112% *110 109% 110 16 15% -1534 15% 1578 16% 16% 16% 16% 16% •t «4 % i % % % % *% -% % , 58 1% -1% 1% 1% 1% 1% 1% *1% 1% 1% *1 1 *1 1% 1% : *1 1% 1 ftl 1% 14% 14% 14% 14% 14% 1438 14% 14% 14% 14% 14 r. 14 13% 14% 1378 14 14% 14% 14% 14% 1% 1% 1% 1% 1%, 1% 1% 1% 1% 1% 49 49» 48% 49 48% 49% 50 52 50% 50% 44% 44%| *44% 48 45% ..45% 46% 46% 47% 47% 5,000 •200 3,600 88 41% Jad Feb 38% Dec 8% 80 3,700 - • -790 810 530 %! Nov 28 1io July 25 %a Feb %* Dec 'it Dec 14% Sept 15 3 Aug 29 Jan 27 50% Dec 1 8% Apr 21 95 Jan 3 Aug 2% Mar 9 7 40 30%June 6 139 Apr 26 70% Oct 17 110 Feb 14 Oct 20 Cluett Peabody A Co.-No par Preferred.. ft—. ft. ......100 Coca-Ccla Co (The)...No par 28% Feb 18 143 87 Jan 22 Feb 19 72% Jan 4%Sept 22 40% Aug 2 139 Apr 26 4% 1st preferred.—..—100 4% 2d preferred 100 46,800 Columbia Gas A Elec. .No par 5,000 1 Feb 18 14% Dec 53% May 87« Oct 91% Apr 14% Jan 85 44 2 24 124 Sept Sept May May Julj 5% Mur 98 16O Nov) Feb Jan 4% Apr' 40% Apr 133 Nov- June 7434 Nov 114% Jan 33% Jan 10 20 May 43% Mar 74 May 105 Sept 9 84% Oct 11 50 Mar 11 43% Sept 12 39% Sept 8 148 Sept 17 100 106 109% Dec 5 14 Apr 18 %Nov 28 1% Feb 5 84 May 11% Feb 14 100% Feb 15 100 Apr 1% Aug 20 Aug 56 Colgate-Palmolive-Peet No par §4.25 preferred, j...,No par —100 Jan Apr Jail Mar 108 740 5% conv preferred May *$ /• % % .11% 16% Jan 15 Mar 17 Colorado A Southern 77| May 9 15% Dec 44% Dec 51% Dec Aug 20 July 16 Colo Fuel A Iron Corp .No par %* Dec Jan 12% 85 60 1 Dec Dec 115 740 Dec 2 10% Feb 5 104% Aug 12 46% Feb 20 Coca-Cola Intern Corp.No par 15 May 6 27 Oct May 30% Apr 29% Mar 478 Apr i, 0%Mjj[y % Jan 17 % Jan 18 9% Sept 16 1'sJune 17 21% Oct 30 May 23 No par July'24 8% May 22 10% Feb 7 May 28 48% Nov 25 27 Feb 14 Coluinb Br'd Sys luc cl A.2.50 Class B —ft -2.50 120 41 98 4,300 4,300 8% May 23% May 54 . 22 100 2% Oct 30% May 44 84% June .101 19% July 21 44% Jan 9 Apr %« Jan 82 Collins A Aikinan 2 Jan 4% Oct 24 17% May 10% June 49 24 Class A....—No par 18 44% Jan 13 102% Feb 15 May 99% June 9% Feb 19 37% Apr 22 3% Mar 20 ——100 — 22% Sept 4% Nov 13 I'lsMar 20 7% gtd.50 Special gtd 4% stock 50 Climax Molybdenum. .No par 5% preferred... 21% Jan 107% Oct 11 1% July 21 6% Oct 3 July 31 11% Nov 8% Jan 10 Clev A Pitts RIl Co - - Oct 20 ^Chesapeake Corp .....No par Chesapeake A Ohio Ry.../ .25 '.....No 20 - 114% *113 15 98% Nov 22 1634; Dec 4 7% Nov 27 Common. Checker Cab Mfg, 114% *113 - j 8 .,, ht % 15 - 1% 4% 3378 16% Feb 20 51 .1 Calumet A Hecla Cons Cop..5 Campbell W A C Fdy..No par Canada Dry G,inger Ale...:.5 1,900 > No par 50 • -99% 99% 10% -17 17 . -• 13% 14% 15 *14% 1% •-1%] *1 800 4% California Packing 5%: preferred.... Callahan Zinc-Lead 2,000 28 27%- 27% 27« ,2% 2*4 77% 75% 76 120% A20% *120-% 122 9% *96% 145% *144 145% 89% 90% 90% 90% 62 •* 62 *61% 65 f *-- 6,300 2712 • : 9% *144 91% 65 334 37% *40 *32 ' 22% .4- 391} 37 578 10% 14% 77 8 *967„ % r 33J *9% «j. v. 8 - *I134" 12 jj 1% 1% -i- *4834 --V- 5% 10% 14% 23+ - 18 *17% 18 99%100 ft/81 '*31 r.r.- 25% 103 *8234 "0^200 ,28 .84 1,900 »u • 271.1 2»4 78% 1203s 19% »i» .. 1,181 *39% ft 41] 41% *2% '■ Jan 2 63% Nov 10 46ss May 25% May 25% May 131 May 99% May 56 May 83% Dec 48 41 *2 Mar Apr 45% Apr 145 Dec 141 Mar 63 Feb 20 Feb July 16 16% Sept 17 Nov 13 10% May June 102% 94 Dec Deo 35% Apr 112% Feb 24 May 4*4 Apr 6'4 Apr 16 Oct May 26% Mar Jan 6 8 16 May 26% Mar 4% Jan 9 30% Jan 9 114 Mar 19 20 Jan 10 10% May 108 May 12% May 1% Jan 13 3% Aug 2%Sept 21% Jan 4 2 »i» Dei 1% 1% 6 Apr 13% Dec l%Nov 12 21 6% preferred series A...100 46 82% Jan 25 4% May 67% May 7% Apr 93% Apr 5% preferred 42% Nov 27 72 59 79 —100 Nov 27 Apr 2 June For footnotes see page 1402. 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, Frederick W. Jones, Managing Editor, William Dana Seibert, President, William D. Riggs, Business Published three times a week [every Thursday (general news and Manager. advertising issue) with statistical issues on Tuesday and Saturday]. Other offices: Chicago—In charge of Fred H. Gray, Western Representative, Field Building (Telephone State 0613). & Smith, 1 Drapers' Gardens, London—Edwards London, E.C, Copyright 1941 by William B. Dana Company. Reentered as second-class matter September 12, 1941, at the post office at New York, N. Y., undei the Act of March 3, 1879. Subscriptions in United States and Possessions, $26.00 per year, $15.00 for 6 months; in Dominion of Canada, $27.50 per year, $15.75 for 6 months. tral America, Spain, Mexico and South and Cen¬ Cuba, $29(50 per year, $16.75 for 6 months; Great Britain, Continental Europe (except Spain), Asia/Australia and Africa, $31.00 per year, $17.50 for 6 months. NOTE: On account of the fluctuations in the rates of exchange, remittances for foreign subscriptions and advertisements must be made in New York funds. ft : Nov 123% 12% May 2% Aug 1 15%May 49 May .1 ........ 800 04% 878 Burroughs Add Mach..No Bush Terminal 21% 9 par Bush Term Bldg dep Butler Bros..... 8% 94% *878 1 Burlington Mills Corp Conv pref $2.75ser..No Sept 18 39% Jan 0 4% July 15 5% Apr 15 20% Nov 14 27% Feb 15 par No par 900 2% 21%21% Co...........No 280 5% 2i% Jan 16 95 29% May 7% preferred..........100 17% 7.y. 27« 23% 28% Apt May 3% July 30 5% Feb 14 8'% Nov 29 par Bucyfus-Erte *17% ■ft. Jan 70% Mar May Oct 10 17% ' Jan 11% May 38 Jan 16 Bullard 34% 22% Apr 19 27 16 17% 6% Jan Nov 51% DM 7 30 Budd (E G) Mfg.. 99 Jan 18 Jan Brown Shoe Co.......No par 90 21 3 Bruns-Balke-Collender.No 6,500 310 9 Jan May June Jan 30 93% Nov 134 12% A up 19% May Apr 18 ft 45% Oct 600 3,800 ft, 21 - 300 ft 35 11 54 6 8 2% Jan par Transit..No par Brooklyn Union Gas.. .Aro par 4,800 ; No par Bklyn-Manh Bulova Watch % 78 r'. 16% ,17 j'; 12% '1% 33% 148 91% *61% 90% 9% 33% 17 Bristol-Myers Co.—, Brooklyn A Queens Tr.No Budd Wheel..........No par % ' 22 3 113 *700 81 | 70% -ftftft ■' 102% 105% 17 6% 11% 16 6% 10% 67 6% 9% *31% *16% par 500 ; 9 5634 May 534 May Oct share per 22% Mar 13% May Mae 13 24-% Sept May June May May May May 15 111% Jan 23 3% Apr 23 ft! 7% Dec 2 17%Nov 15 "26 (Oct 22 par Briggs A Strattou 1,700 )•'. • 103 *17 'J: 33% 70" v 1 10,700 Bridgeport Brass Co...No Brlggs Manufacturing.No 500 1,300 84 4% 5 '"••*2 ft'1 .'ft "2% ft % 9% 51% 41% *32r,8 46 "35% 2% ft 2% *6% 6% 9% 97g Brewing Corp. of America...3 900 6,400 2,200 1,100 84% .. 9% '99 *25 ♦112 1 35% 25% 0,900 17 90 ] .■ Borg-Warner Corp 27% % 578 10% 'ft'lft":1 4% 9% *96 s 27 23 3% 3% 8% 8% 18% 1878 28% 28% 42 ,;"■ 42 0 38% " 36 200 29 Dec May 9 Apr 29 17% Apr 26 Boston A Maine RR .'..100 Bower Roller Bearing Co....5 21 1 56 . 2%. 3*4 2 3% •'..9. '50% 9-% 99 ♦2*8 1 8 51 9% O 1953 M S !>3I;32% 0 84%: 26 7« 52! '*52i?^S3ft |.*n 3ie 22 25 ♦96 ♦82*4 ♦48*4 Oriental Devel guar 6s. 1,800 27% 08% *17% : 16% 41 *11% 1% 1-% *1% ♦2134 85 28% "44 " 1% 21% 38% ft 30% .40% -5% r'f :'■■:■ $■ 52 "*014 1F% 86% "45% "25 ... 16 ft Apr 19 % Feb 19 29 Nov 10 15,700 1% 28% 40: 10% f 19 ♦Nuremburg (City) extl 6s—— 1952 FA 5 20%> 20% ; . 86 27% *100 il . 4% r *4«i i 56% 54% 51% 51 With declaration.... ;ft -ft 76 18% Feb 19 0,800 75 14 „ Highest '/■/'.■ /;•; .'/•} ./..I 3% 33I 5s-1957 FA Norway external 6s ■ft' ,1% j Externals f 5a......—Apr 1958 A ....15 600 £20%. 2Q78 , ;8 *3% ft-ftil New Ho Wales (State) extl Borden Co (The) ft' ' ft'■ ft! 23% July 11 21% Sept 9 ft x21% 878' 33% 37 ft "'37% 36% 37% "97% (97% ;,*90% 98% 9 I 60 N 64 par x2H 4%- .14% 33% 33% 2% -2% 38% 38% ' 13," 64 | ■ r 37, 37% ♦384 36% *95' ( 30 " 38 • 18; *7j2= 12% ^ 90 Class B.j.; —...No par Bond Stores Inc..:.. ...1 , 29% .17% 17% *99% 103 '■'ft j Bon Ami Co class A ...No par 230 . ;2% 17 ft ' m 250 . 28% ; ' ft 3% 7 1 3% ft6% 4% » 7 19 5/ •5% ft'7% *6 % 99 3078 . 87 ♦17% 18 *991.4 103" • ♦Milan (City, Italy) extl6Ha.. 1952 A O Minas Geraes (State)-— • ift ft ♦Hec extl s f 6 Ha.ft-1958 M S •Sec ext) s f 6 Ha——-1959 M S ♦Montevideo (City) 7s.—.---1952 J D " 7 *85 *17 ■"t:-. "3% **7% 6.% 5% 5% * 94 4%ft 120% .... ""hn* 1,400 99 ' 55%. 55% 17 12%; Apr 21 25% Oct 17 *112% 114 3% 3% 66% '00% 86% *05% 18 19 Bloomlngdale Brothers.No ft 3% -•« 82% 5 5% " ;4r.ft •}' j 11 j; 5% :r:: w* } *Tr*as 0s off i 13 As,flint.... 1933 -ft;:; 2-1 90 (.28% •28 ' 2% :' 2% 29i2 29% 2938 » *9 H 300 par Blumenthal A Co pref 10!) Boeing Airplane Oo....x 5 Bohn Aluminum A Brass—.5 38 ,40 37«* 38*4 39% 397s •h2L34 22% 22% 23 22%22*4 22%'. 22% +t2V* 1221 *121% 122" |*121% 122 *121% 122 & 7% 7% 7% 7% I -ft" 7% 7% 7% 7% *68 7034 *68 68 68 70*4 *68 70% 17*4 '18% 18%. -'18% '18% 18% 18% 18% 1% '2 2 2 478 2 *111% 112% 112% 112% *112 112% 112 112 2 2% 2% 2 *2 ft 2% .,2% -2% 15% ^"16% : 15%. 1578 15% 46% 46 < 16% *2*4; 3 *2% *2*4 3% 3% 234 2% 90. 90 90 ; 90 *9094 90 ft 90 28 27«p 28% 28 28% 2812 27% 28 2% ft 2% ; 2% 2%' 2% 2% 2% 2% 2934 31! .30% 31 30% 30% 29% 30% 2 14% ftl 6% •ft *2% ft 3% 2% 6% 2% 8% 2% 37 . 2 ;1 ft 28 5 Black & Decker Mfg Co No par Blaw-Knox Co No par Bliss & LauTlilin Ino—5 ft 50 ft 22- 2% *28 34 120 18% L% -.1% 111% 111% I7g 15 M 9% 4 27% 2178 "22% 112 ♦80 9 H 5,300 112 3% 5% 22% 19% /2% ; 2% :ft77%ft77% 18% •2''8% ' ; ♦Medellln (Colombia) 6Ha... .1954 j Id Mcndoza (Prov) 4sread)..^ 1954 J D Mexican Irrigation-s ft *4 Ha stainped assented..... 1943 UN Blgelow-Sanf Cam Inc. No 500 0% 15 15% 17% 49% 22% 63% 109% 2 20 19 57a 8% 93% ft 2% 78 77% 120% 120% 18 1% 112 5H 3 22 *52 r *38% *84% 84 • ' f 7s:ft.;.1947 F A ♦Ixiwer Austria (Province) 7/8 1950 J D 3 22 8% 29 j .ft 4% -34. 4 •2% -. 28% 121%12)34 ♦12U-122T 7's. ->h >7% '- '7% *68 68. 68 70% • '17% s 600 18% 03$ May 34% July 23 89% Jan 3 131% Jan 28 31% Aug 8 23% Sept 10% Jan 18-% Jan 8 12 17 Year 1940 $ per share $ 67 16,600 28% 112- 55% 7% *21% ft "19% -19% *52 ft 50! 33% 27 r 37 21 v8 '.21*8 , ♦I/>Ipzlg (Germany) ■ ^ 9% * 8% 4 33% ♦38% 27 ■if 36»2 56 % 3% - • . 4% . *93% 30 ftS4 86 - 27 ' 70ft > 36% AO — 18% *41% 42 £21%' 21% *31% 33% 16% -10*4 ■ft: 8% 8% 23% 30% 1734 5% S]} ,v 33*4 ♦2% '3 ♦76% 78 ♦120% 122 f : 45 35 — 21% 2% 834 *28 ♦3814 ' 40 i _ 18 47% ft, 21% -578 21% 2% 8% 93% 8% rv57g;-6% 5% ft 6;. 10% 10%r10% •-10%- 1034 r 14.13% .13% ft 13% 14 i ♦28 ♦84 r Japanese C.ovt 30 yrs f 6/8—.4954 FA :S% • ♦33% | / - 6% " •'... -*4 ! % 29 % j ft ft 19*4 14 40% 15 2 '• 21% "ft' 8% ft 56 »n ft * 30 15 • .. share ver 20% Jan 10 Aug 18 27 80 41% 2%; 2% *6% 6% 9% ,9*4 17 •7 3 21% 2% -12% "8% 8% *92% ,94 " 8% 7% 3 2lAt 51& ft 6'i * . 65 65% 15 *13 . 6% 21% ■ ♦Italian Cred Consoniarn 7s ser B'47 M S ♦Italian Public Utility extl 7s.. 1952 J J 7 ■ J ;ft *' '•; ( 0 *21 ft " ' '] ' *54 -55% ••7ft «7% 94 19*4 ' - . 55% 8% 8% ♦52 4% 23% 8% : Bethlehem Steel (Del). .No par 7% preferred 100 500 : ■ v $ 13% Nov 28 50 25% Nov 56% Nov 119% Oct 23% Apr 16% Apr ft 6% Nov 13% Oct 11 Apr 20 41% 6 23% 29% i 5 ; f 2,600 24,600 19% 3078 8% 9% 32% 6 23', 29% 17% ' 300 / Lowest f 7.1 6% 6 I. - 5V; 6.' 22*4 29 94 • ft6% ' • 164% 64% *17% 1734 '""•8% ?• 26 . 49% 5 *4% J M N /ft 71% 22% > 26 )"*} ♦Heidelberg (German) ext 7 Ha. 1950 Helslngfors(City) extl0/B—1960 .ft 65% /ft 5 1 6% 59 *12 3% 18% 3%. 3% 66% 67 22% > ♦Haiti (Republic) a t Cs ser A..1952 A ♦Hamburg (Htate) 6s.. 1946 A 58% S per share Par Beneficial Indus Loan—No par Pr pd $2.50 dlv ser'38 No par Best & Co No par 3,900 Range for Previous Highest '.—.ft 321-2 3% *27*4 8% 8% 112 .112 3% 68 29 30 .7% m 2% 21% 21% 5%' ■578 / 21% 22 ft 2% 2% ' H ' • 22%' 22% 55% 7% 15 • 6 ' •:' •'.3 •' • 30 "*17% ... 64% 6>s ! 8 .r 9% 32 *16% 8ft 8% 114 114 /ft?-ft"-<3% 04% %L "*8%, "12%, 14% 53% 26% *14% 98 *31 - 6l-> 6%; - 11434 '.3 / 64% 1968 With declaration..—.. m 'ft 8 r-rs% 114-114 *114 9% Lowest • « . ♦6s part paid-.;... .08 Range Since Jan. i On Basis of 100-Share Lois Shares 53% 26% 120% 120% 29 29% 30% - 30% 30% 42% '. 42% ' **4% *»"/ 158 5% 5 14 80 99 • 3 - 3% S per share 20% ; 20% 4212 . ' *60 8() 20% 30% ' : Dec. 4 99 ' German Govt International— > EXCHANGE Week 42 42 •:;.21%" 21% 21 ;; 20% • 67 91. .......1949 -98 ft; 21% 207« *1% 26% 98 99% 421.1 '75' ■ ft 29% 29% 99 100 1934 ~19% 19% 19J» 19% 2■*1%;-! 1% 1% *29 30% *28% 30% 29% 29% .♦3% 3«4 3% 3*4 ft3% 3?8 ■://7 h :77s ft: 7% ft 8 ■;.-7% 8% ft 17% 1778 M7%':17% 17% 18% '*26% 27% •27% 27% 27% 27% *40 41 41 41 *40% 42% *2% ,2% : *2% ft, 2% *2% 2% *0% 6% y 0%' ft6% 6% 6% •> 8% r8% '..18% / 878 8% 9; *32 • 32% ♦32 32% 32% 32% 16% 16 34 ;ftl7%ftl7i8 17 17 .-ft 27 ft 63 —— 98% 42% -21% 20% • 75 ft49% 19% 30 • ftl 51 .ft-. ' *75 ft 82 '19%' '20 82 18% 30 "■' 'J' 26% •—•J.'. 7s unstamped. 6% NEW YORK STOCK the Dec. 5 - - 46% " •Frankfort (City of) y 55 46%' STOCKS for Friday $ per share 11 • 1945 M S Sales Thursday { Dec. 3 ' *75 ft 1948 J Wednesday i Dec. 2 ft f 61% 52 % * 63 52% 60% 2 * Tuesday $ per share S per share 3 per share $ per share 13% 13% ft 1338 1378 14 13% 14' 13% 14% 13% 52% 53 *53. 54 *58%: 53% *53% 53% *53% 54 27 '27 - 27 20% 27*: 27% 27 28 20*4 27 •• 57% "57% 56% 57% 57% 59% 59% 59% !59% 60% 120% 120% 120% 120% *120% 122% *120% 121% .til 9% 119% •r *20% 29% "29% 29% *2812 29% *29 29 ft 29 ft-29% 19'40% 1934 19 19% 19% *18% 19% *18% 19 6% ft 634 6% 18 26% i 6% 6% 6% 6% 6% 10 '•Y4 ft 14 *1378 14 14 14 14 *14% ft5% 12% ■1234 *12 12 15% *12 12 15% *12% 15% 61% 62 ' Finland (Republic) ext 6s With declaration. Monday ; Dec, 1 'ft High. 60% 00% 61/ 61% . *00 m; •Dresden (City) external 7s... 1946 MJV ♦Estonia (Republic of) 7s LOW AND HIGH RALE PRICES Place •> - - Hal .1942 M S1 of 1920....... 1940 A 0 5*2(1 HerlesHlnk fund fiHs 1940 A, O Customs Admin 5/s 2d ser. .1961 M S BHb 1st scries .....1969 A O A Range " <-> Askei Nov. 29 Dominican Rep Cust Ad 5 8*lHtHt'r5/8 NEW YORK STOCKRECORD oft- Range or Friday's Snle Price •: Bid, & (Conl.) 1395 fj • WVefcU-ft.i / ; N. Y. STOCK EXCHANGE Week Ended Dec. 5 Foreign Govt. & & HW^»otAx. CHRONICLE YORK BOND RECORD BONDS a THR COMMERCIAL Jan SALE PRICES LOW AND HIGH 77% 65s *75 6% 27 22"s 23 6% 25% 23% *24% 22*8 "8'7s 8Rs % 50% 22 50% 22% 50% 51 21% 22% 2% 9 % % 50% 50*4 2% *2% *2% 1434 2% *2% 15 15'.| 145g 15% 15 22 2134 22 22 223.1 22% *13% 14 13*4 13% *133.1 14 *87% 91 *87% 91 *87% 91 *87% *93% 93*8 931.1 *93% 94 93% 5% 6% 5% 1312 5"s 135s 13% 133.1 13% 95 95 95% 95% *l2 *938 *4 *% «4 934 9% 9% 2 2 *% *9% 93 % 14% 95% 96 97 97 97 *414 *20'is 43g 4% 4% 9 8% 4% 4% 4% :43ft *20*1 2058 *20% 213.1 22% 1025s *101% 102% *101% 1025s 1015s *101 13% 13% 12% 13 13 12% 13% 13 3% 3% 3% 3*8 3% 3*8 3% 3*8 107% 107% 10634 107% *105 1051.4 1.051., 105% Ul»Mll"i« *8 8% 42% 7% 8 42% 43 42% 30% 7% 42% 30% 30% 100 8 *101 31% 17,300 30% 31 *7% 4'2% 43% 8% 43% 3% 43 3% 31.1 8,400 27 26i.i 26% 14,600 21% 1,000 12 3,100 43 42*4 3% 3% 3% 3% 3% 26*8 26% 26*4 26% 21% 20% 20% 12*8 11% *51% 12% *51% 5234 32% 33% 48*4 49 47-% 49 3% 3% 3% 3% ' ♦11 13i8 13% 13% 1334 9584 14Rg 9584 96 96 1434 14% 1458 21 12% 12% 12 52*4 *51% 52*4 52% 52% 200 33% 33*4 33*4 33*4 33 48% 176% 176% 3% 3% 47% 48i.i 33% 49% 1,750 11,000 3% % 13% 14% 13% 13% 96% *96% 97% *96% 97% 14»4 143.t 15% 7*4 734 784 73,i *7% 7% 20% 20*4 20% 20 20% 3938 39% *1178 113.1 11% 11*4 873S 8758 *87 88% 87 87 87 *3534 *79% 11% 36% 7*8 7% 11 124% *117 80% 80% 80% 81 12% 11% 11% 8% 7*4 734 . 26*8 15% 81% 11*4 7% 734 *11% *117 77 *76 11% 15 15% 15% 11% 260 7% 12,600 7% 126 400 80*4 *80 11% 15% % 26's 11% 77 >%« *83% *465s 4,000 *117 15 , 11% 1,600 15% % 15% 15".t 1,700 5S % 18,700 21% 22 21 21% 20% 610 21% 21% 21% 21% 21% 21% 21 20% 21 2,400 r8 910 % 9!6 8% 8% 8% 8% 8% 8% 8% 8% 8% 20.600 8% *26% 26% 26% 26% 26% 26% 26% 261" 26% 26% 2,600 87 *8358 87 *8334 87 *84 87 49 *46% 49 *46% 49 *46% 49 *84 87 *84 87 47 47 *47 49 15% 2153.4 16% 16 16% 16 16% 16 15% peb 16 May Apr 75 May 9% Feb 32% Apr 110% Mar 4% May 213s May 97% May 1 % Aug 6% May 2% May Jan 10% Apr 93% May 108% Deo Jan 19% 9% May June 15% Apr 25 1178 Dec 52 Feb 18 Jan Jan . 2 5634 Sept 27 52% Jan 8 53% July 28 32% Nov 13 42% Apr 21 170 Mar 31 4 % Jan 14 19% Jan 10 4% Jan . 12% Nov 12 95 Oct 18 Rio Grande 19 Jan 16% June 25 Jau 18% May 15% Mar 47 May 41 May 33 Apr 13 June 75 June 50 Cutler-Hammer May 47% Jan 3 25 May 6 75% Oct is4 May 4% Feb 25% May May 70 2 1% Jan 6 9 31 45 Jan 34% Feb 10 10% Sept 8 29% Jan 10 90 Aug 12 4734 Mar 29 4 July 14 20 Apr 18 15 4 16% Jan 25 Nov 12 *4 412 10 10 *10 10'j *111% 113 *111% 113 i 23% 23«8 23% 29% 20% 29% *3*4 165 *15*8 10 10" Dee ♦7s extl water loan 7% Apr 1% Apr 24% Jun ♦6s extl dollar loan 184 106 Nov 3234 28*4 28% *28*4 29 2834 12 U84 II84 12 12 12 12 U84 9% 9% 334 4 36% 21 693A 121 121 14% 14% 69% *3»4 4 *6% 7% ♦112%113 143% 144 15%> 15 15% 15 710 22r>8 22% 23% 23% 22Bs 15% 23% *37% 38*4 38 38 *37% 38% 10 9*4 15 15% 22% 225s 3784 37*4 834 17% 72% 884 8% 17% *72% 17% 834 17% 74 72% 10% *36 734 38% 45% *334 *7-'% 300 17% 17% 17% 17% 73% 72% 72% 72% *9% 10% 400 10% *93.4 10 xlO 36% 36% 36% 36 36 21 21 21% 21% 21% 2I84 22 123i 13 12% 13 12% 12% 10,600 70'j 69 69% 6,300 12% 12% 69% 70% 12234 122 15 14% 3*4 *7% 70% 69 14% 69*4 126 124 123 122 *36 14% 14% 15 4,900 3% 900 *3% 3% 3«4 3% 3% 3% 7% *7% 7% 7% *7% 7*4 *7% 1163.! *114% 11634 1114% 116*4 *114% 116% 143% 144% 145% *144 144 145«4 142% 144 126% 1263s 126% 126% 126% 126% 1261i *126 114 114 *113% 114% *113% 114% 2,300 20 142% 143% 126% *126% 126% *11334 115 *113% 115 *126 10,500 800 80 113% 11334 f 7s. M 684 Aug 19 A 1946 1968 1966 1967 1952 A 0 Apr 21 21% Apr 29 29% Jan 11 34»4June 12 41 51 17 Apr 29% Feb Jan 4% May 92 Jan 86 Jan Mar 42 Sept 60 May 14% May 23 Oct June Taiwan Elec 6 28% May 11% May 8% May 2% Deo Apr 23% Jan 57, Jan 9 11% 11 12 ..1953 J J 66% 15 67% 15% 15% < Dec May 11% May _ 14% 5 8 1034 July 29 9 ..1957 J/N .1936 J J 40% 42 ...1950 J J 29% 30 30 30% 28% 28% 02% 63% *6% *5% 12% .1968 J J .1940 A O J D J D Jan May 9% June 113 2% 2% 132% 132% 30% *1584 24% 3 132% 133% *2% 3 *27„ 30 30% 30% 16 25 1578 2434 16 25% 16 16 2434 25% 123s 34% 34% 31% *31% 31% 31% 31% 2534 42 25% 234 *68 234 73% *70% *76 77 *76% 284 83% 83% *81% 32 32% 31% #29% 30% 30% 31 25% 4I84 25% 25*4 25*4 26% 41% 41% 42 42 *1% 1% 1% 78 1% 5% *1% *1% *74% *1% 5% *23% 24% 23% 1% 1% 78 1% 5% 24 *38 % *% % *10 25*8 7,900 12% 12% 1258 % 9ie i% 35 1% 14.S00 Electric Power & £34% *31% *34% 34% 800 87 preferred— 32% 32% 32% 700 $6 preferred 30% 31 % 31% 31% 3,200 Elec Storage 27% 26 26 1,300 El Paso 1,000 Endicott Johnson ®16 1 *26 no 3% 42% 110 3% 77 77% 77% 80 80% 81% 80 82 84 86 1 418.1 42% 3% 3% 74 500 80 80% 800 *85 86% 'hi 910 be b« %» *'l8 6*8 4% 6% 1,900 4% 21,600 6% 6% 6% *6% 4'% 4% 434 4% 6% 45s 41% 40% 1% 1% *1% 41 40*4 40% 3934 40% 4,500 1% 1% *1% 1% 400 1% *74% 78 *1% 1% *74% 1% 1% 1% 1% 1% 1% 1% *1% *7412 1% 78 .1% 1% 534 57s 534 23% 23% 24% % *%« % 1% 1% 5*4 5% 24% 24% %6 %« Oct *4 36% Apr 43% Feb 1962 J/N 1958 J I) J D F A ....1955 F A 1971 J ./ M S 15H 15* 17 a o "35 " 35" "37 F A 1958 Assn 6s.. 1947 f 5^8 loan of 1912—1952 declaration External s f 5Hs guar With declaration 86 Deo 14% Apr 38 Feb 24% Apr 237, 30 Apr 10 Mar 1384 120 Jan 1% 15s 2>00 5% 24% 5% 24% h >4 1,400 1,500 1,900 Co.No par 1,400 Fairbanks Morse & 21% 5.400 9% 9% 96% 23% Fajardo Sug Co of Pr Rico.-20 Federal Light & Traction...15 8% *93% 2284 22*4 23 10% 10 10 10% £10 ♦10 ' 38 97 8'4 .100 21 23 8% 500 Hi 38 *22 20% 1% 78 100 1st pref ctfs of deposit..100 2d pref ctfs of deposit.. 100 Erie & Pitts RR Co.......50 Eureka Vacuum Cleaner 5 Evans Products Co... 5 Ex-Cell-O Corp... 3 Exchange Buffet Corp..J2.50 *93% 10 3,100 *93% 9% 96% *23 23% 600 Federal Min & Smelt Co 9% 700 Federal-Mogul Corp 9% 9% 88 preferred... "" No par 2 ...5 June 180 Dec 22 May 37 Apr 101, May 17% Jan May 10% May % Dec 3 May 41*4 Apr 1838 Apr 1*4 Jan 8% Jan 407, Nov 86% Nov 25% Nov 27 34% Aug 29 33 July 7 39% Feb 14 107% Nov 24 47% Sept 22 113 Oct 14 *24% June 26 May 35 May 102 May 2312 Fob. 19 28 May 27 234 Oct 31 Feb 26 75% Feb 14 %«Nov 25 Ctfs of deposit— 155 15% May par 100 A w i June 18% May par par 117 6% Nov 1G634 Jan 17% Sept 8 33% Jan 10 173s Jan 0 ?8 Aug 6 4% Jan 11 Feb 14 1901 extl 8s.. 1946 1960 1964 3i%s-4-4%j8 ($ bonds of 1937) external readjustment 1979 3^-4-4^8 ($ bonds of 1937)— External conversion....—1979 3^-4^-4%» extl conv...... 1978 4-4^-4^8 extl read) ..1978 3)^8 extl readjustment 1984 Venetian Prov Mtge Bank ♦Vienna (City of) 68..— ♦ 12% Jan 83 Jan 89 Jan % Jan 30 Feb 28 134 Sept 24 134 Sept 24 75 Feb 28 7 5% Feb/19 3% Jan 834 Jan 2 8 Oct 30 3034 Jan 6 4 % Jan 7 l%Nov 23 Dec 34 May 17 16%June24 8% Nov 19 90 May 2 21% Feb 15 9% Dec 5 53s May May May 77 Dec U Pee 97 % 45% Jan 3 24% Mar 10 13 Mar 17 • 60 *59 page 1402. 58% 56 99 58 J/N "55% 55 55% 58% J I) F A 57% J J *44% 50 A 15 1952 O ►11 % UN 8% 8% F A F A 4% 4% 4% ....1958 Yokohama (City) 5% ....... RAILROAD and INDUSTRIAL COMPANIES ♦Stamped Coll trust 4s of ,...1953 4a.... 1948 stamped... 1946 ./ D J D 20% % 34 4 May 4 1 107% J *105% 108 1946 1944 1S49 —1950 ♦5s income................1950 Allegh & West 1st gu 4s 1998 5b modified... 5s modified--... 5s modified....... 1942 Corp 4)4o debs..1951 Allls-Chalmers Mfg conv 4s.-.1952 .1961 Am AliaQOPda L'OP Min 49% Apr 31% Apr 187, Apr May Jan 27 85 June 2634 July 24 14% Jan 24 16 July 29% Jan 12% Aug 15% Oot 102 Mar deb 4%jS-.195Q ♦Anglo-Chlleaa Nitrate deb..-1967 jAnn Arbor 1st g 4s....... ...1995 Ark & Mem Br & Term 5s 1964 Armour A Co (Del) 4s B_. 1955 1st s f 4s ser C Atchison Top & General 4s (Del).......1967 Santa Fe— Adjustment gold 4s O A O 83 83 A O *80 85 F A 91 92 J D 76 75 76 A O 65» A O 61 64% 59% 65% 62 A 0 M S F M 91% *60 S 4 107% 108% 13 ► 68% 67% 102% 102% 103 102% 54 109% 109% 43 109)4 109% 110 110% 110% 110% 616 105 105 108% 106% 2 J A 0 109% J D 108% 108% 106% 100% Jan Q 42 40 69 J M S 42 70% *99 %./;■■ F A 105% 105% J J 105% 105% . „ . —1995 Nov 68% *171 101% J J 3 25 J/N O 69% 107% M 8 A 44 103 418 I00"»i 100»» 104 104% M 8 J 170 100°ic A ....1995 A 0 1403. 55 58 A Type Founders conv deb..1950 UN Wks & Elec 6s ser A—1975 Am Wat 54% ♦53% A O 3%s debentures....... ..... 1966 M S 3s conv deb 1956 Apr Jan *15 *107 assented......1948 31^S 1946 debentures 103% 106% A Alleghany Corp— 3 %s Feb 6 103% 102% 103% 107 J Alb & Susq 1st guar 4s 56 55 102% F A 5s. 1913 .... 1943 Wrap Pap 6s—1948 6s with warr D J 70 67% 69% M S Co extl 7s..——1952 Southern 1st cons 1st cons 4a series B Ala Gt Albany Perfor 1947 1907 10-year deb 4 %s ♦Adriatic Elec 1953 unstamped §»5s series A Adams Express coll trg Allegh Val gen guar g 67% Aug 11 41 38% 40% 1961 J D extl 6s With declaration For footnotes see page For footnotes see 60 With declaration Allied Stores 67% Aug 2% Dec 5 May 29% June 17% May 58% J/N ♦Alplne-Montan Steel 7s.....-1955 Am & Foreign Pow deb 6s....2030 Amer I G Chem conv 5^8——1949 Am Internat Corp conv 5%|s—1949 American Telep <fc Teleg— Jau Oct 33 *59 J/N external 7s... 1958 *4Ms assented.. Jan 11 100 35 W ♦Warsaw (City) Jan Aug 22 4 5 134 Oct 1 10 7% Aug 42% Nov 75 Apr Mar 68 6% Nov 29 1% Oct 27 1% Nov 13 1% Nov 19 46 63 4% Nov 28 Aug 12 32 33% May 417, jan 112 4 Jan 11 7 34 J/N 7s. 1952 3^s registered— 83% July 17 89% July 24 80% Apr 10 76% Jan 36% Jan 10 39% Nov 36% Nov 6 5 75" Jan 44% May ' *5 Apr 2534 June 3 May 26 10 947, May 171 2 Jan 5!4 U 10% Feb 189% Apr 129% Deo 118*4 Jan 5% Jan 23 145%Sept 18 182% Jan 9 5% "5% MN extl 7s 20% Nov 146% May 114 May 112% May 34 5% "5% 1962 132 Jan "23% "Jan 6 6 70 {Erie rr common w I.Wo par Ctfsof benef int w l..Wo par 5% pref series Nov 13 65 38 *93% 37% 21 *1% 1 1 27% Feb 19 par 213g 8«4 96% 2234 37 15« 0 24% <4 *1% ♦74% preferred-......i—100 Service preferred....——Wo $5H preferred..——Wo 86 preferred .....No Equitable Office Bldg.. W o 20% £3784 3734 21% 9% 96% • 1% 78 Battery...Wo par ..—3 Corp....50 Natural Gas $5 3,000 4S8 1'4 5% Light. Wo par ... -Wo par Wo par - . Engineers Public 25,400 74 - . 40 110 110 6% 41 Airlines Inc Rolliug Mills... 6,800 5,400 81% 20 11 1,800 25 77% 37 *10% 5,300 50 30% 25% 77% 36% 834 30% 400 *74 20 22»4 1,000 Eastern 163S 72% 19% *93% Eastern 176 *165 24 May 14 1 2% Dec 5 ——5 120%May 26 Eastman Kodak (N J).Wo par 160 Apr 29 6% cum preferred -100 29 June 7 Eaton Manufacturing Co—4 14% Feb 14 Edison Bros Stores Inc .2 24%Nov 29 Electric Auto-Lite (The) 5 123), Dec 1 Electric Boat.—. .. -3 38 Jan 4 Elec & Mus Ind Am shares 4,700 16*8 71% %« 31% 32 2% 2*8 132% 134 16*8 71% 36% 834 96% 22% *8% *93% 3% 3 24% 31% *70% %« 138 *22 3 2% *16 42% *109% 110 110 110 278 71 s4 771 83% *1% 37 19% 1% 35% 1% 19% % 916 1 31% 12% 31% *1% 1% 5% 13 34% 40% *1% *74% 26% 31% 638 4% 41 4% 25 33*4 6% 4% 40s4 6% *16 31% 16% 34% 4% 40-% *35% 1 176 *165 173 30% 32% 2% £132% 134 134% 138 32 J3J 6% 3 32% 2% 35% 110 *109 110 *108 *41% ♦2% % 9i« 1 34% 33 12*8 13 12% 1 31% *41 12«4 3238 173 176 176 30 1% *25 133% 13434 *173 176 12% 12% •W- % 7 % 1 32 30% 176 *172 31% 28%' 63% With Apr 16434 Jan 126% Oct 29 118 May . 15% 15-kJ J/ N {Abltibi Power & Paper— 31% 31% 31 31 11 % O Pow s f 5)4s Tokyo City 5s 19% 14 23%June 24 Jan 10% .4 With declaration Apr 237, 65% July 127% Nov 117 11% MW 10% ♦4M(a assented, Nov June 9 6% Jan 8% 114 13% May 30% May 141^4 Jan 12% 10^ 10^ 10% With declaration Oct 21 37% Oct 30 23% Jan28 17% July 14 Jan 12 D extl— ♦7s series B sec ♦Silesia (Prov of) 5% Mar 18% Nov May 4<4 May 12% May 66% May 11% Nov 10 79 10% 12 declaration... With 11% Mar 257, May 82 May 10% Jan 10 18% Jan 11 Co 12 10% J D Inst 7s 1945 GH».. -——1946 Slovenes (Kingdom) Sydney (City) s Dec 32% Mar %i Dee 12%May 12 11% J *88 secured extl— Jan 4% 45% June 12% May 6% Apr 21 Car Co.-.2 Ltd.Wo par UK 10H 8% May 91% Feq 75 >4 Aug 12 23% Apr. 7 20% Sept 15 13 85% S O F ..1964 xr s — ♦Silesian Landowners 6% July 21% May heSept 23 68%May 22 warrants.. 100 7 May 3 Wo par 34 Apr 8 Class A No par 17 May 31 Doehler Die Casting Co Wo par 11% Nov 12 Dome Mines Ltd. Wo par 63% Feb 19 Douglas AircraftWo par Dow Chemical Co Wo par !/lll%Sept 16 14% Nov 29 Dresser Mfg Co Wo par 334 Nov 18 Dunhill International 1 6% Oct 16 Duplan Corp Wo par 105 Aug 4 8% preferred..- —-—-100 138 May 1 Du P de Nem (E I) & Co...20 84.50 preferred Wo par 120% Feb 14 111% July 9 Duquesne Light 5% 1st pf.100 110 124% 125 14% 14% 2t* Feb 5% 84 84 .1956 M S Dec 35% 19% Nov 10 5% pref with Dixie-Vortex 2,500 *113 113 113 4,000 72% 17% *72% 10% 147) 3% 734 *14% 17% Distil Corp-Seagr's 28% Sept 18 30% Aug 1838 Jan 2 14. July 31 Feb 19 9 7 5% A ♦Sinking fund g 47% Dec £99 June 107 Jan 24 114 20 *5 1953 ♦Saxon State Mtge Jan Apr Dec 21% May 95% May 1334 May 3% May sept 11% Oct 6 1134Nov preferred......25 Diamond T Motor 9% 36% 20% 6% partio 400 2,000 10 9% 9 *36 121% 121 2,200 *10% 70l( 6938 4% 3634 12% 12 10 101 20 20 12% 12 11,900 14% *37% 10% 19'% 15 38% *36 19% 191; 38% *20 195s 19% 2284 *10% 19% 19% 2214 17% 400 191- 19% 14% 22% 74 4,700 14,700 % 19% 15 *72 9% 3% % % 19% 600 9% % 9-% 4 Co Preferred 1,100 18 l4%May 26 6% Apr 18 109%July 2 18% Feb 19 27 Apr 30 &Lt4>£% pf.100 Wo par —.20 Deisel-Wemmer-Gilbert 10 Delaware & Hudson ..100 Delaware Lack & Western..50 tDenv & R G West 6% pf.100 Detroit Edison 20 Devoe <fe Raynolds A.-Wo par Diamond Match Wo par Deere & 10,700 3*4 9% % 3% % 4 % 15 24 % 9% *% lOM 4% § ♦Secured s Feb 29'4 Dec 3 5% Sept 12 Apr 21 3 —.5 preferred.—- .25 Chemical Co (The).l Dayton Pow 29 24% 24 2,800 113 29 4 1914 10% 10% *112 113 *112 24% 23% Davison 15 11% 11% *9% UK A ♦Externals f 6s.....— Conv 5% 24% 28% 9% *8% 17% 4 16% 10% 10% 10% 113 4 *15% F ♦Uruguay (Republic) ♦Externals 16s Corp Davega Stores 300 4 16% 24 3% *% *15% 23% »»2 13 *3% 4 10% 10% ♦112 *111% 113 *1134 *11% :/■ 41 *15*4 4 14% *15% 18 J 8 5.1952 {♦San Paulo (State) 8s ♦8s external.. , D *1534 6J^s.... Jan 65 3% Aug Jan Dec /> J of)— 1921 ♦Saarbruecken (City) Gs Santa Fe extl sf4s. ♦Sao Paulo (City of. Brazil) ♦6 Ks extl secured s f 61% JftO 60 May 45% Dec 9% May 19%June 1% Oct 25 42% Feb Inc...Wo par 75 77 7% Feb 14 24% Apr 22 83 Oct 30 —1 1 Cushman's Sons Inc 7% pf-100 88 preferred --Wo par 6 1434 Nov 26 18 Class A Oct 4178 Feb 20 11 Nov 29 %Nov 6 20% Dec 5 Curtiss-Wright. 9 7 94 13% Nov 22 8% Sept 6 127% Sept 9 6 3% Feb 15 Feb 15 72 (The)...Wo par Preferred..,. Wo par Prior preferred......Wo par 45% Jan 15% Jan 98% Jan Oct 17 l%May 100 Curtis Pub Co 5,200 15% 15% .100 514% conv preferred 100 Cudahy Packing Co —.30 CuneoPress Inc. — — — - -- 5 : Oct 17 78 Sugar... 100 100 Preferred- 1 1 2 34 Amer. Wo par Cuban-American Dec 82%May 12% *11 % J 1947 6s ♦7s municipal loan Jan 9% Apr 407, Mar 3% May 183s June 36 July 12 May 27% Jan 10 ll%May 39 1961 I960 6% 49% Apr i 17% Dec 4 July 15 9 ~T% ♦6s extl s f g ♦7s extl loan of 1926 Serbs Croats & 43s Jan 6 19%May 28 (The) "5% do Sul (State ♦8s extl loan of 4% May 27% May 2 May %i8ept Jan 16 107 14% Nov 13 7% 1963 j"j ♦Extl sec 6^8 Apr 97% 40% Dec 166 May 4 May 182% Jan 10 3 % Dec May 33 3 2 Nov 5 Jan 14 4% 27% 23% 18% 7% With declaration 45%Sept 30 173s Feb 24 % Jan Sept J of) 8s ♦Rome (City) extl 40% Jan 8 10 J ♦Rhlne-Muin-Danube 7s A 1950 ♦Rio de Janeiro (City of) 8s... 1946 Apr 8% 2% 11134 Nov 24 Ul"u NOV 28 29% Nov 12 6% Feb 3514 Feb 14 2%May 26 1950 R 4% Apr 106% Jan 22 16% July 22 5% Aug 7 10934 Nov 5 70 ..... 6% Queensland (State) extl 1% 5% Nov 2334 Nov Jan *10 — 99% Deo 100 Dec 2% May 834 May 79 _ O ♦Prague (Greater City) 7)^8.—1952 M S ♦Prussia (Free State) extl 6Ills.1951 Witli declaration ♦External s f 6s 1952 A 0 7% July 31 30 July 21 20 5% conv preferred CubaRR 6% preferred 700 77 11% 22 %6 243, No: ..... O 'If N Jan Jan 7% 63 *7% *6% A ♦Extl loan 7%Js 6% 278 Feb 15 12% Feb 15 314 Dec Refining..—25 Crucible Steel of 120 126 21 nie 21% 310 36 11% 15*8 21% 88 •T35% 76% 15% 21 *87% 11% 153s 21% 8% 88 *80 126 2% May l4 May 934 Nov 22 No par Crown Cork & Seal No par 82.25 conv pref w w..Wo par Crown Zellerbacb Corp.....5 $5 conv preferred——Wo par Crosley Corp 300 37% 76 15 22 36'% 8 25% June Jan 10 15 15% Feb July 100 1 Coty Internat Corp 1 Crane Co ——25 Crane Co 5% conv pref.-100 Cream of Wheat Corp (The).2 7,400 12 124 11% 2178 81H 3.700 39% 1134 11% 11% 21 20% *39% 12 76 76 11% 21 20% 39% 11 75 11 5g 20% 76 124 75 •I 1,000 124% 125 *117 *74% 36*4 7% *87% 37% 37 Jan 11 4 5% May % Dec 99 Preferred... 340 ■*7% II84 11% 87% - May 30% ♦Porto Alegre (City 3% Jan 13 6%May 21 Coty Inc... 2,400 15 15 400 42 2 65% July 1«4 June 73% Jan 33 Apr O O A ♦4 Hs assented... With declaration 16% Apr £f>% Apr 14 Diamond Fibre .5 Products Mar May % Dec A ft! 50 High Low A la 7s....1947 1068 ♦External sink: fund g 8s With declaration— - *38 39% *38 36% *11 734 12,200 14% 14% 758 80 *% % 3,300 3,900 13% 12 7% 11,6 3% 06 39 11 *lo 3% 97% 1434 20*8 • lo Corn 113 8 May 26 s4 Feb Copperweld Steel Co... 5 Conv pref 5% series .....50 Corn Exch Bank Trust Co..20 90 181 *177 3% *3% 1334 7% 11% 181 *177 3% 14Rs 13% *96% 1134 81 48% 493.1 49 177 177 910 lo- :<•(; 12 June 11% July 28 »*■« Jan 2 8% July 10 23% Jan 13 1073s Jan 9 1% July 7 11 July, 10 Continental Insurance..-$2.50 Continental Motors.: 1 Continental Oil of Del 5 Continental Steel Corp.Wo par 12% 39 36 21% Co...-.25 Continental *51% 20% 3534 80 21 Consolidation Coal Continental Can Inc 12% 42% 12 7% 20 7t2 20 *39 20% 6% pf-100 4,300 431» 5'2*4 °i« *i« fi 20*4 —---No par 800 8 7% 56 % Jan 7% Apr 14 134 Oct 27 Cuba 8% preferred.. June 5% Dec 13% Nov 27 5% conv preferred 100 Consumers Pow 84.50 ptNopar Container Corp of Amerlca.25 Continental Bak Go...No par 33% 3234 47% 177's 177 >s *176*4 181 30% Consol Oil Corp. Preferred called.... 7*4 25% 53 106% 107 32 1834 Aug 28 23% Deo 3 16% Jan 16 9734 Jan 28 103 Jan 15 preferred...Wo par Corp..—-.5 2,700 4,100 1,100 313« 3% 123s *21 37% Jan 10 110 Jan 15 Apr 25 1834Nov26 10%May 26 82 May 2() 90 May 23 95 Laundries Consol RR of 7*4 25% 33>i 8% 8% 30*4 3% 12 6% 7% 25% 33 6 $2partic Consol Uli»ulll»3i« lll"i«lll13i« Ul'3i#lll13i« 33s *517g 1% 30% 25% *20 9 Jan Feb Apr 14 85 preferred - --. - - --No par Consol Film Industries.—--1 1,400 3% 21 % " *4% 4% 21% 107% 107'i 25% *20U lo 9 *134 8% 8% 22 *21 206s 3058 101% 10158 *10158 10234 13 13% 12% 13% 3% 3% 3% 3% 6 Is 8% .... 100 1*4 6 9% 30% 4% 9% 29 48 2% Nov 29 N Y-.No par Consol Edison of 14% 108,000 1,500 97 ♦4^s assented With declaration 108% 27'% June 87 Friday's Bid & Asked Price Mun. ♦Stabilization loan s f Dec 20 June 2038 Nov 14 Corp.-.5 Consol Coppermlnes 21% 916 " 1»4 6% 8% 4% 9,800 3,800 1,700 1,900 28,200 2,900 1,000 *% 6 834 ■■ 6% 14*4 % 858 190 6% 9834 Apr 8% Mar May 3% May 1434 May Jan 30 49 preferred series...No par Congoleurn-Nairn Inc.Wo par Consol Aircraft Corp 1 Consolidated Cigar No par 7% preferred 100 6>*% prior preferred..-100 10 93l.s 6 6 2% 6% 93% $6 71 7% Oct 22 28% Aug 28 31 Mar 7 95 . Commonwealth Edison Co.25 Conde Nast Pub Inc.-.Wo par 3 per share $ per share July 11 Panic or Sale Ended Dec. 5 (Concl.) §*Poland (Ren of) gold 6s 1910 ♦4 %Js assented— ——.1958 104;% Oct 31 zl02%June 8% Feb 15 'is Dec 84.25 conv pfser '35.No par Commercial Sclvents..No par Commonw'lth & Sou ..No par 2,600 91 14% 9% 1% 13% 6 % 6 18,200 14% 2134May 20 9938 Apr 8 26 Nov 12 4\i% conv preferred..,-100 Comm'l Invest Trust..No par % 27% 14% 1% 6% $2.75 conv Commercial Credit-10 600 105 *88 9% a>;6^ ; 88 93% *4 6's 2% 6 88 93% 91-> 1% *2 91 5% 95% 95 : Columbia Pictures 11,900 233.1 1334 6 Columbian Carbon 83 69% Apr 29 4%May 16 21% Apr 17 Co.No par No par preferred.No par 1,300 2,500 25 24% 23% 14% 14 14% 13% 13% Shares Week's Last Highest Lowest 8 per share Friday EXCHANGE Y. STOCK Week Highest $ per share Par 100 *108% 110% *108% 110% 9% 10,600 9% XV 8% %•. 102,700 3IB , % % 52 3,900 51% 51% 52% 51% 223.1 39,840 22*4 22% 22% 223.4 500 2% *2'% 2% 2% 2% 6,300 15% 15 15% 15% 15% 22*4 23% 47,600 22% 23% 231.1 22 22% 15 534 24 N. Foreign Govt. & 9% 2188 93% 25 23% 9 % 22 25 23% YORK STOCK Lowest 109 109 50% % '4 7 fi34 25 23 Week $ per share 77% 77% 6% 6% 8 per share 78% 78 Jan. 1 On Basis of i 00-S/iare Lots EXCHANGE the Dec. 5 *104 105 *103% 1045s *104 27 27% 27% 27% 27 105 26% 27 *108*4 112 9% 9 *108% 834 2% > 77% (!•% *104 26% 26% 2G78 *108"s v 77% 6*4 23 105 *104 *103% 105 26% 75% 6*4 25 26 *25% *25*8 75% 63.i 658 $ per share $ ner share $ per share 76 76 S per share NEW fOT jut Friday 4 Dec Dec. 3 2 Dec Dec. 1 Thursday Wednesday Tuesday Monday Saturday Nov. 29 ^ ■ ■ BONDS Range for Previous Year 1940 Range Since STOCKS Sales NEW YORK BOND record RECORD YORK STOCK NEW Tuesday, December 9, 1941 COMMunciAi. <k FINANCIAL CHRONICLE THE 1396 109% 109% 89% 106 105% 109% 89% 16 78 7 9 37 6 "55 48 131 16 Volume 154 Number 4017 THE COMMERCIAL «FINANCIAL CHRONICLE . . ,,07 NEW YORK BOND RECORD S "4- * w «'» " *m Friday BONDS N. Y. STOCK EXCHANGE Range Sale Week Ended Dec. 5 Bid Railroad & Indus. Cos. (Cont.) Atcliirion Top <fr Santa Fe (Concl.) 1905 MN 1055 J Trans-Con Short I. 1st 4s...1958 J 10-year coll tr os 103M J I. & N coll gold 4s Atl <& Dan 1st g 4s 97 103 M 9454 ! : 1 10344 9744 103 H 31 10044 104 111 11244 109 111J4 103% ill" 112 5 J 101 101 3 101M 80 62 97 Second mortgage 4s 1948 J Atl Gulf <fc W I SS coll tr 5s...1959 J Atlantic Refining del) 3s 87 m 112 S J 18 21 I) ./ % 70 >4 3614 J J 103H 1953 M S 101m 111 Monday Tuesday Nor. 29 Dec. 1 Dec. 2 81 59 6444 55 9544 97 *99 8144 104 77 7144 37 67 75 4% 14 33 38 3()t2 30% 12% 97 10 2844 34 44 7554 104 44 8 103 m 10644 *20 121.1 63 33 m % I) 3714 2000 MS I 1946) due 33 40 1 1947) due Toledo Gin Div ref 4s A Bangor A Aroostook 1st 5s 3314 52 J 41 1959 J ./ 46 m ./ J 1951 J J Beech Creek ext lstg 3'28 1951 J J 1989 J D 1951 AO Hell Telep of I'a 5s series B 1948 4s stamped Buttle Cr & Stur 1st gu 3s 1st A ref 5s series C J Belvidere Del cons 3,4s 1943 J J Beneficial Indus Loan 2%s 1950 J D ♦Berlin City El Co deb 6}$s_.1951 J I) 33 % 98 33 % 162 3544 115 1952 Beth Steel 3 las conv debs 42 44 150 39 50 J4 50 44 19 46 5854 A Consol mtge 3s ser G 1960 F A 1965 F A H. 1944 Big Randy 1st mtge 48.. Blaw Knox 1st mtge 3%s 10514 I) ./ - RR- ♦Inc mtge 4Us8cr -- —I960 J 71 A...July 1970 MN {♦Boston ANY Air L 1st 4S..1955 F 3714 A Bklyn Edison eons M 3% a... 1966 J/N Bklyn Union El 1st g 5s ..1950 F A Horn cons g 5s.-.1945 J/N 1st lien A ref 6s series A 1947 J/N Bklyn Un Ga8 ist Debenture gold 5s 1st lien « ref 5s series B i960 J 107 D *111 1957 J/N 4jyg B 1981 3'2s series C..1967 Buffalo Rochester A Pgh Ry— Stamped modified (interest at 3% to 1946) due 1957 Buffalo Gen Elec F A Buff Niag Elec J D 104 m *103 1966 A O 5s A anadlan Nat gold 4%s Guaranteed gold 5s....July Guaranteed gold 5s..— -Oct Guaranteed gold 5s..Guar gold 4Ms Guaranteed gold 414s 1962, A O anada Sou cons gu Guar —.— loem ...... 1970 F A 1955 J D 1956 F Canadian Northern deb 614s... 1946 1 J Can Pae Ry 4% deb stk perpot J Coll trust 414s— I 1944 1 J J 1) I J {♦Carolina Cent 1st guar 4s... 1949 J J ctfs Collateral trust 414s.. 67. M S --};}46 1954 I960 5s equip trust Coll trust gold 5s..... 10914 4454 83 108 99 Vs 106 AM 6 m 3 5554 *19 48 130 85 26 113m 13754 130 97 " 314 3% 2% . _. 48 "~5m 2654 26 54 2544 2554 544 1544 27 4 106 17 10594 10394 iosm 8 23 6 10744 7894 234 Carriers A Gen Corp 5s w W...1950 MA' .. 4s 1981 F A Celanese Corp of America 3s.. 1955 F A Celotex Corp deb 4148 w w—1947 J ♦Cent Branch U P 1st g 4s....1948 J D Cart A Adir 1st gu gold . loom ...... D .—.. {Central of Georgia Ry— Nov 1945 F A § ♦Consol gold 5s 1945 MN ♦ Ref A gen 5 us series B 1959 A O ♦ Ref A gen 5s series C......1959 A O ♦Chatt Div pur money g 4s__1951 J D ♦Mobile Div 1st g 5s ..1940 J J 103 107 100 10454 "4 125 125 125 125 44 44 43 43 6% *109 7 *109 11044 19 954 2254 10754 11154 19% *12% 12% 103 54 1 07 54 126 3554 544 6 94 49 *16 17 ♦111 112 10' 3% 4 52% 53 6% *69 5%- 49 544 57 354 6654 81 4154 5954 66 53% 6% 7 ■ *40% 2% 91 20% 20% 73 73 ,16% *2% *52% 7854 81 10 em iosm 4 106 m 1 44 109 loem 109% no 110 12 5 107 iosm 24 loem 105 m 106% 13 106 109 m 65 u 2 109% m 86 m 83% 9 67 58 93 5 104 5 87% 16 84 22 48 3 *107m 107% *io3m *44% 104 -. 50 .-J .... 100% 95% 101% *28% 32% 19 06 8 10554 108 m 75 8954 9054 10754 9354 106 M 94 9554 8994 64M 8654 41 50 54 10454 10854 9954 104 47 314s 1966 A {♦Cent New Engl 1st gu4s 1961 {♦Central of N J gen g 5s.....1987 5s registered............1987 ♦General 4s ..1987 O ./ J J J "rim v.'',. -.. -1.... y-l 15 H 13 H 13 m .4 M 69 -.4..- 49?4 M S M 8 "i§" rim 2% 2 m 13 *iom C. Through Short L 1st gu 4s. 1954 G uaranteed g 5s..._ ti960 Champion Paper A Fibre-— S f deb 4Ms (1935 issue)...1950 8 t deb 4M» (1938 Issue)...1950 — 2% Y~j Central RR A Bkg of Ga 58.1942 J/N Certain-teed Prod 5448 A... 1948 M S Kef A impt Ref A lmpt intpe 314s D --T-i. A Potts Creek Br 1st 4s 1946 J J R A A Div 1st con g 4s 1989 J J ,...1089 J J 2d consol gold 4s 60 31 13-s *11% 13% 13% 111" 13% 13% *11% 13% 2% 50 3% 2% *2% *19% ser E...1996 53 50 2% 241) 17% 23% 60 34 34% 13% 11% 14% 13% *11% 13% 2% 2% 50 3 2% 20 20% 6% 70% 13% 70% *41% 42% 14% 411 % 88 21% 21% 73 , 16% 83% 2%. *47% 65 % 4% *9% 7% 32 54 3 21% *54 33% 13% *11% 14 2% *52 2% 21% 2% 90 21% 74 £19% 20% 100 2,000 2% 2% 2% 700 % 4% 91) 8% *4% *9% 7% 32% 7l16 4% 10' 81" *24 17% 17% £15% 23% 23% 22% 24% *54 60 *54 60 34 34 34% 341) 31% "lifod 14 10,100 13% 11% 14% 11% 11% 11% 800 14 14 14% 14% 2,000 2% 2% 53 52% 52% 53 3% 22% 3 3 21% 21% 2% 22% 7 Jan 6 16% May 7% May 13% May 6% preferred J. 100 General Tire A Rubber Co.. .5 Gillette Safety Razor ..No par 102 Mar 17 10 Apr 28 55 conv preferred 2% 53 7,200 400 3% 4,500 22% 5,800 2% May 13 No par 34% May 24 54 No par No par 5% Feb 14 60 Feb 21 Glidden Co (The) No par 4 m % conv preferred 50 12% Feb 24 40% Feb 25 9% Sept 12 74% Oct 17%Srpt 18 Girnbel Brothers $5 preferred ...1 5% preferred.......No Goodyear Tire A Rubb.No par par $5 conv preferred....No par Gotham Silk Hose.....No par 100 %Nov 2% Feb 81% Aug 11% Apr 58% May 16 Without div ctfs 19 20 May 15 2% 9 Nov 13 69 18% Nov 28 28% July 22 Green Bay A West RR Green (H L) Co Inc 100 42 Greyhound Corp (The) .No par 1 5m% conv preferred 10 Grumman Aircraft Corp 1 Guantanamo Sugar No par 8% preferred..........100 Gulf Mobile A Ohio RR No par $5 preferred. No par . 1 Mar 26 29%May 27 9%May 5 10%June 27 28 July 29 144% Aug 15 52 Aug 6 12% Apr 23 1% Feb 4 2 14% Sept 17 11% Apr 22 18%Scpt 9 3% July 28 13 54 Jan 3- 1% Feb 19 9 Feb 14 /2854 100 9754 3 2 54 19 3 94 154 13 9 5m 554 *112 69% 15 16 13% 107% 154 17 56 106 13 14% 67 14 34 ' - - .... 107% 69 6» m *61 67% 49m 1654 5 54 ■&':■■■ 1654 V 1554 10854 112 68% 13m *i2m 55 5}4 3 12% 51 *79 m 84_ 84 29 27% 27% *27% *27% 29 *28 29 *27% 29 *281) 29 36 *35 35 35 35% *35 33 *35 38 *35 38 11 11 *11% 11% 10% 11 10% 210% 10% *10% 10% 10% *11 11% 11% 11 11 *11 11% 11% *10% 11% *10% 11% *105% 106 *104% 105 105 105 *104% 105 105 a 105 *105 106 +102 *100% 105 105 *102 105 *102 105 *102 104 102 102 15% 9,14% 15 15% 151.) 15 15% 14% 15% 15% 15 15% *147 148% *147 148% *147 147 147 148% *147 148% *147 148% } 5 5 *4% *4% 4% 4% 4% 4% *41., 4% 4% 4% 98% 98% *98% lOO'i *95% 98% *951" 98% *95% 98% *95% 981 *35 70 r 1154 11% 1254 1*8 22 1954 19% i - 19 6554 6354 7554 "264 4254 5894 7694 81% 6% *61% *150 10654 10954 85 83% 104 m 104 m 102 m 85 42 104% 102% 6 4 5154 80 8254 9194 104 iosm *12% 107 54 102»32 10454 iosm 132% 15 io4m 105% 10.5 m 106 11 17 *107 12854 134 102 54 106 10254 106 115 6% 67 .... 12054 12254 112 11954 i 152 12% ■ *14 111 6% 6% 61V> 150 *12% 69 171 15% *14% *16% 19 *7% 8% 14% 3% 13 69% 47 *108% 17% *103 150 69% 19% *28% 9% 6% 62 12% 1101 19 39% 1% } 7% 14 16 13% 7% 14 *112% 115 1% *82 128% 128% *128% *46% *17 39% 1% 85 61% 150 69% *128% 129% ?■ 47 47 • 115 1% *81% *69 *47% ' *121 2 81% *112% 115 i3tm 46% *109% 87 16 17% 191) 7% 14% 115 33% 31% 40 29% 29% 28% 28% 9% 9% 9% 9% 3% 29%l 47% 47 10 *14% 16 *14% 16 *16% 17 18 7% *7 7% 39% page 1402. 18% 7% *7% 7% *291) 9-% 40 % 29% 29% 10% 29% 10 46 see 17 17% 39% *105 30 17 8% 40 46 3% J 14% 14% 14% 14% 14% 14% *1141) 115 *114% 115 *1141) 115 106 29% For footnotes 16 18% 46 29% 2 85 17 106 3% 29% *1% 85 *14% *16% 47 3% 85 £18 109% *102% 106 3% 2 1% 85 6% 6% 6% 6% 6% 6% 62% 62% *59% 62% 58% 58% 150 152% 152% *150% 157 *15114 157 13 13 13% 13% 13% 13% 13% 70 70% 70% 70% 71 £38% 69% 129 *128% 129 *128% 129 128% 128% *46 47 46% 46 46 44% 45 110% *109% 110% *10914 110 109% 110 39% *28% 47% *47 109% *105 2 87 ' 6% *14% *16% 18% 7% 14% *114 2 *83 62 For other footnotes see page 1403. 'vV/.'T' 71% Jan 9% June 25% Jan 22 2 Feb May % May 4% Maj Mar 12 36% Sept 6% June May 10 May 21% May 11% May 15% May 18% May zl23 69% Mar 4% 7 26 Apr Apr Sept Apr 247g 97% 6 6 4% 3% 90 20% Dec Jan 13% Feb 18 Dec 25 Jan June Jan 11 23 19% Jan 1% 1% 22 138 May 12% May 6;'s 20 100 Dec May July May 13% Jan 13% Jan Gr Nor Iron Ore Prop. .No par Great Northern pref...A'o par Preferred.... 1% 45 12% Jan 2 36% Jan 16 Fob 14 Jan 90 8% Dec 5 7% Nov 19 28% Apr 22 Nov Deo 74% Oct 6 20% Sept 18 % Apr 17 3% Nov 19 5 9 5 10 68% Nov 17 May 23% Jan 6% Mar 61% Mar 19% 21% Nov 24 June 10 13%«an 23% ,.pr 106 65 2 25 Jan 24% Mar Feb 4% May May May 30 May 77 3% July 18 Jan 14% 65% Nov 11 Jan 25 June 20 33% 43 Jan 10 Jan 27 . 10% May 3 Sept 30% Oct 2% Sept 91 1 .1 No par I 9 Jan May 98 I Dec 46 27 13 79% Nov 21 div ctfs.No par w 5% preferred 14% 11% 3 Aug 161) 22 Grand Union 14% 2% 13% 24 Apr 21 Nov 19 lll%June13 14% July 31 4% Sept 30 Jan 19% Jan 106% Deo »t« Apr 18% Apr Dec 13% July June 20 Jan 1% 16 Dec Jan 110 11 Great Western Sugar.-No par 60 10 June U Nov 9% June 86% Jan % Deo 7% Apr 5tj May 100 5 Dec 60 17%May 22 Graham-Paige Motors Granby Consol M S A P 160 Jan 15 Jan 56% Apr 127% Mar par Corp.No 4,400 24% 139 3% June Gen Time Instru ICMOO 14,500 139 Apr •% July 24 Nov 13 Jan Jan Deo General Telephone Corp...20 Gen Theatre Eq Corp. .No par 9 Apr 131 37% May Jan 10 106% Jan 15 Jan 49% 118% % 101 May 116 7 Deo 77% May 118 Jan 27 Nov 41 44 May 32%June Nov 22 120 Sept July Granite City Steel.....No par Grant (W T) Co 10 139 % May May 500 139 111% May 28 Jan Jan Jan 4% Sept 11% Jan 29% Apr 89% Nov Deo 10 1,500 15% 33% Apr Deo 57% 8% 1% May 4% May 7 16 Apr May 145 11% May 48% Feb 12% May 102 May 26% May 4 16% Apr 16 14% 7% May Mar 25 Sept 105 35% May 5% May 4% Jan 7% 110% % 16% 6 Apr 20 61 June 118 Nov 28 48 Sept 24 94 14 8% 7% 23 42% Sept 25 117% Aug 6 l%Nov 27 June 5 700 900 3 Oct 91 Sept 19 132% Jan 28 48% Jan 6 127% 4ug 25 35% Dec 1 123% Mar 19 39% Sept 25 3 22 130% Apr 7 35% Jail 14 8 45% Jun< 3% May 80% Sept 400 25 8 6% Jan 6 15% Jan 10 Sept 18 97 104 Apr 10 3% Sept 5% "l2~~May 20 Preferred 17,100 78% July Deo Dec 29% Jan 11 11% Jan 10 32% 7% 32% 25 24% 65 6 2 Dec 39% 1% May 2 46% Jan 30 Gobei (Adolf) 10,700 900 Jan % Nov 18 Goebel Brewing Co.. ;i Gold A Stock Telegraph Co 100 Goodrich Co (B F) No par 14,500 8 % Jan 11% Apr 12 98%June 25 1,300 50 112% Jan 1 3,000 73% 11!« 24% 500 17% 84 % 17% 23% 2,900 17 91) 8% 7% 500 33% Feb 15 ^.100 General Shoe Corp 1 Gen Steel Cast $6 pref. .No par 1,200 Nov 13 %•' Nov 4,200 2,600 June 18 5% June 30 2,100 810 73% *47% 6% preferred.. Gen Realty A Utilities 8 Mar 20 l05%May i2 56 pret opt div serles.No par General Refractories...No par *831) 4% 32V. No par 20 17% 65 *24 No par 6 July 14 5 120 ...No par Jan 7% Jan 144 126 General Printing Ink....... 1 $6 preferred. No par {>5 Dec £26 Apr 41 Mar 21 3% Dec 38 ..10 Gen Railway Signal 83% 4% 7% 2% *85 ll!« 32% 42% 56 conv pref serlesA.Afo par ...No par v 5 % pre ferred 100 5 June 2% Nov 13 8% Dec 3 73% Feb 19 17% Apr 25 General Mills Gen Public Service 3,000 90 *2% *47% 25 17% 23 73% 17% 83 %| 6% 14 General Foods Corp...No par $4.50 preferred.....No par Gen Gas A Electric A..No par 2,200 10,900 2,200 70% General Cigar Inc.....ATo par 7 % preferred........;.. 100 General Electric Co...ATo par 8 Jan Apr Dec 6% Mav Nov 29 12% July 29 53%May 8 5% Oct 15 104 Sept 10 Apr 16 35 118 1 Aug Sept 23 5% Mar 21 Dec Nov 21% May 20 23 44% Nov 26 4% Dec 1 124 100 4,400 3% 1. 2% 21% 9 *24 6% 70% 13% *41%> cum preferred Common... 12,900 900 101 Jan Apr 8% Nov 32 9% May 61 2% Aug 3% Nov 28 Apr 23 4 25% May 24% May 6 10 .... 7% $5 preferred........No par ~4a66 53 58 preferred No par General Bronze Corp......_5 General Cable Corp. ..No par Class A.. No par June Apr 19 2%June 2% Sept 12 47% Jan 21 5 Gen Outdoor Adv A...No par 10% % 2% 11 9 7 14 *85 73% 17% 83% 2% *52 ...No par 1,800 112 10% £3% 4% 53 716 % 2% 2% 88 181 17 21% , Apr Feb 1% Jan 9% Apr 14% Jan 12% Dec 16% Apr 36% Apr 25% July 18% Jan 30 29% Nov Jan June 142 Feb 27% July 23 May 9% May 9 May 14% Junt 1% Aug 55 Jan 35% Apr 11 Dec 2 4% Aug 4 1% 227g Dec 5 8% Nov 7 29% June May 9% May 10% May 100% June Ma) Dec 17% Jan 12 Jan 25% Apr 3% Apr 30% Apr 2% Nov 14% Nov H 29% 6% 70% 24% 24% 24% 138% *138% 139 *54 50 20 25 17% 22% 341) 13% 11% 13% 3% *2% 20 7% 32% 138 6% 70% ». 4% 9% 91,) 7% 32% *24 60 33% 65" % 24% *54 17 21" 4% 9% 138 4% 53% 4 18% 12% No par Gen Arner Investors...No par 9754 103 88 1754 - 1992 m s F M 344s 138 *33% *108 ...... 1906 MN *23% *54 *14 ... 24 139% 73% 84 *9 18% 22% 22% 4 13% 41% *18% £12% *17% 53 52% 16% 9% 77% *111 11 10% %6 25 .20 Jan Jan Jan 38% Mar 2 12 *. * _ Jnn 46 6% Sept Sept 18% June 8% Dec 1% Feb 1% Apr 10 7% Apr 16 6 % preferred.. *... Gamewell Co (The) Foh 21% 22 Jan 46 Gabriel Co (The) cl A..No par Galr Co Inc (Robert) 1 40% 22% 106 24% June July 31 23% July 29 99 , Jan 53 Chesapeake A Ohio Ry— General gold 4 Hs....... 18 18% 22% 21% 10% 616 132 94% Nov 24 1,500 30 Jan Dec preferred-.....100 conv General Motors Corp 700 7 32% Sept 20% Jan Dec Sept 84 25% Apr Feb 19 Jan Dec Nov 17 35 41 5% 14 12% May Ma> 32% May 10% May Jan 10 Jan 26 98% 1,20 27% May Nov 28 100 40 Ilackcnsack Water 7% preferred class A.. 25 27% Nov 29 33 25 33 Feb 18 38 Jan Mar 28 . 4s registered............1987 Central N Y Power 3Ms 1962 Cent Pac 1st ref gu gold 4s...1949 25 24 10154 10654 69 m *32 *24 *135 10254 112 54 52 69m 76 32% 18% 22% 17 112 % 2% *47% 4 7u 17 *111 90 21" 12% 17 7i« , 13 18% 112 41% 16% 18% 12% 17 6% 20% % •''16 *111 2% 2% 25 2,000 61 17 6% 72% *32 6% 6% 108% 109% *108%109% '« % % % 13 13 13 13% *105% 113 *105% 113 6% 18% 10% 60 91,850 112 4 83% *24 137 361) 36% 125% 125% 42% 431) 3% 3% 5 *18% 12% 10% 4% 53% *85 % 132 9 70% 9% 9ilt 7% 32% 50 500 77 18% 13% 33,400 99 84 xl6% 18% 12% 1% 7,200 300 99 9% 14 % 1% 10 84 77% 13% *40% 4 371) 125% 125% *42% 43% 3% 3% 116% 116% 18 *69 9% 133 39% 4,100 May 32%May 31 £18% Nov 18 Baking............5 900 June 10 1 General 20 900 Mav 79 33% Jan 2% Feb 17 36 May 21 10 7,600 84,600 38% Freeport Sulphur Co Fruehauf Trailer Co... Transportation. 18% 18% 18% *128 *128% 130 130 26% 27% 26% 27% *9% 91% 18% May 31 12 4% 15 97% Jnn 15 16 Sept 12 4 5% Sept 24 103 Nov 27 105 2% May 27%Sept22 3%June 17 Foster-Wheeler........... 10 $7 conv preferred...No par Francisco Surar Co No par F'k'n SimonACo inc 7% pf_ 100 Gen Am 300 2% 9% June 23 2,500 124 Nov 28 lliohett 5 per share 5 per share 7 42% Jan 13 16% July Nov 10 20 share Jan 13 21 24 per 41) 105 100 21 Lowest 18% Jan 10 2 Dsc 5% conv preferred...... 100 Food Machinery Corp .10 $6 preferred 2,600 2% 91% 9% 75% 13% 41% 9% 8% 7% 113 8^700 2 Florshelm Shoo class A.No par Follansbee Steel Corp 10 5% preferred 10 Gaylord Container Corp....5 5m % conv preferred ...50 900 2 31%May 12 10% Dec 2 No par No par 400 9% 92 2% *9 91 % $4,50 preferred Oct 10% Dec 101 First National Stores ..A7'! par Flintkote Co (The) N) par Florence Stove Co 5 34% Feb 19 12% Oct 24 15% Aor23 A.. .100 Gar Wood Industries Inc....! 3% 2% 17% l" 9 *105 71 4% *7U 110 109 " 31) 9% 76 *161.) *9% 8% 9394 no 92 54 108 54 9054 10754 9054 106 6% 109 76 ♦Ill *4 41" 124 9% 75% 0% 65 4% 4% *112% 125% *3% 3% 6% preferred series share per 90 . 46% 4% Range.hr Fi tvijus Year 111 10 Highest 2% Apr 16 18% Jan 3 Filenes (Win) Sons Co.No par 3,000 " 5% 45% 25 52% 2lo 46% 800 106- 24 18% ?■ 83 83 2% 65 *103 24 >1,72%., 721) 16% 1*82 ;.uR3 106 5% 22% 181" 18 20% 51) % 2% 20% 50 6% 22% 18% 75% 90 10% *49 5t« 54 2% *85 104 10% 1" '•> 2% v 13% *10 50 23 18% 9% 6% *69 14 3% % 10% 4% 4 *40% ■42 7 80 44 5844 U12 7444 3 10% 71 13% 854 - ... 17 48 354 110% 104 18% 12% 112 11394 108 94 "I 37'4 18% 12% 17 11154 10854 H3m 90 9554 111 6% 240 3% 6% 10% 18 *22t.t 9% 76 ♦111 107 92 44 6% 4 7... 7454 3944 10544 6% 43% 12% *9% 11344 4 '.12 75% io4m 11344 42 4 12% 9% 9i % 125 44 4 18% 3% 6% 3% *6% 10% 36% 712 10% 10944 125 43% 1,600 4,000 318% *132 37 125 13% 76% 104 27 1% 2% 11% *11% 9% 91%. 18% 1% 2% 2% 90 11% 19 46 41" 3% 2% 7.12 *93s 1% 2 *49 12% 7534 104 125 50 9 133 36% 43 96 130 *132 36% 109% *109 732 78 1854 132 2,700 3J)6O 8% *35 30 35% 12% 123 8% 96 732 as 12% 1,100 96 12% 12% 12% 12% *1023.4 113 *10234 105 % li '4 *22li 223,1 22% 22% 173.1 18 17% 17% 7954 153 132 31% *115 38% 39 38% 39% 116% 116% *116% 118 *1161) 118 1% 1% 1% 1% 1% 1% 99 99 *97% 99 *98 100 84% 84% *83 84% 84% 84% 6% 90 38 10754 *6% 732 381,1 390 96% 7 125 181.) 1,300 1,200 45% 26% 4% 33 31% 43 1,500 22 4% *32 8% 100 23 2,800 6% *125 23 4,900 36% 2% 8% 18% 11% 100% 100% 21% 3% 26% 11 38% 211) 10% *90 130 26% 4% 72 6654 107 *4 73 102 14 84 8154 75 20 100 84 6% 109 7154 110 m 98 84 4% 18% *125 261 104 414 10254 10654 ..... 18% 130 26 *131% 132 *131% 132 35% 35% 35% 35% 9954 10254 7894 18% *123 263s 84 10554 107 107 1 19% 130 *99 1554 ♦1st mtgc os Cent Illinois Light 4% 2,100 36% 5 5% 5% *103 106 *103 3% 2% 36 21% 50 1251" *112 35 21% 3% 44% 4% 300 36 3% *6% 45% 3% 2% 2-34 17 7094 36M *1844 11044 10354 48 Carolina Clinch A Ohio 4s.—1965 M S 3'i 39% 38% 38% *116% 120 *116% 120 1% 1% 1% 1% 27 654 ~75 " 92 ,86 m 45 39 100m 654 2654 em 102 44 104 . 45 9 A 1951 M S gold 4ms..— 106 92 *io8 m 81 O *103 9 74 1957\J 1969 J 1969 A 5 412 4% 4% 125% *110 125% *110 % alif-Oregon Power 4s 108 45 45 5 5% Firestone Tire A Rubber... 10 102% 107% 13 *35 19 10% 3.200 ~3~90() 36% *1% *49 42% $ Federal Motor Truck..ATo par Federated Dept. Stores .Am par 4% % conv preferred 100 Ferro Enamel Corp 1 Fidel Phen Fire Ins N Y.S2.50 211 *11% 10% 2,000 ivl'eoo 11 *20% 123 8% 1% 2% 50 18 10% 42% 22 *115 8% 11% *\9 19 17% 31% 1% 2% *90 *77 74 10 50 *13% 31% 12% 19 9 3644 "57" 1960 A 0 6% 10 19 4% 11% 92 10544 544 1952 AO 1965 J J *638 93% 31% 1% 2% 3% 6% 20% *93 *4V 19 9 99 m Range Since Jan 1 On Basis of 100-Sftare Lots Par 1,200 "20% 31% 11% 3% *6% 3% 18% *20% *1% 2% 11% *90 7 ' ■ STOCK Lowest 7 19 9 105 44 544 3% *49 105 3i,i *85 1934 A 0 3% 5 *%« 37 1'4 2% 11% 19 g 284 *111 J/N 1% 92 "sm 92 *95% 9 86 54 "75 96% *90 134m YORK EXCHANGE Shares .3% 93% 10% 42% *101%103 35% 35% 11% 11% *100 100% 22% 23 43 21U 55 10744 J *35 *36 9854 *102 1st g 4%s series JJ.........1961 A O 1st mtge 4s series 43 21V. 43 .... 8% 36% 43 134 7814 " 36% 21% 84 10554 1950 F A 19t»7 M S 1955 M N Boston A Maine 1st 5s A C 8% 14 103 44 10514 31 35 8 J 31 42 "em O 1959 J 30% 51 m 48 *20% 4% 21% 4% 33% 97 m 51 108 10% 11% *99% 100% 22% 22% 12 12% 12% 12% *116 *116% 123 123 *35 2% 35% 31 50% *45 35 S per share 3% 20% *13% 317% 18% 102 35 8u 31) 20% 42% 19 17% 4% *95 11% 1834 *93 310% 42% 42% 211 50 O Consol mtge 3%s ser F 211o 7 4434 4% 40 44 = 514 36% 10% *103 6144 4844 .... Consol mtge 3J£* ser 3 5 44 __ ♦Debenture 6s......1955 AO 40 36 $ per share 11 *13% 22% *20% 4% 33% 30% *95 50 5 *io2m 1959 FA 40 3% 10% 47 46 J4- 108 Week 93% 102 11 100% 22% 8% *21 r 134 2% 12 19 *18",i 3% *6% 4644 30.44 1454 .. ♦Deb sinking fund 6Jas 1st M 5s series II 1-84 2% 5344 3054 644 52 44 83m With declaration i 127 3444 97 108 O ♦Berlin Eiec El A Undergr 6^8-1956 A v m 5114 J 1960 A With declaration.... ; 4744 5144 1950 J 1943 Con ref 4s j 7344 30m 32 % 3344 (int at 3 m % S'wcst Div 1st M i? 5844 134 32 H 32 % Pgh L E & W Va System— Ref g 4s extended to 1951 MA' With declaration. 127 34 m *49 Sept 1 1946) due 1996 m a ♦Conv due l'"eh 1 I960 F A to V 6344 33 % 3844 Dec. 5 20 11 7344 68 62 3744 1214 123 8% 36(1 21% 9534 11% Ref A gen ser F (int at 1% to Jan % 56 M (int at 1 % Ref A gen ser D to Sept O V Dec. 4 *93 35% *99 30% i" 12 *115 8I4 9534 56 145 03 the 3% 20% 17% 10% 34 30% 123 36 60 44 Friday ' 101 35% 21% 4% 4% 31% 1 31 *30 59 *13% 17% 101 22% *20 4U 3H,i *21 59 m 93% 10% 42% 19 10% 42% 102 22% 21 *115 B O *99 22% 3% 19% *93 11 42 19 $ per share 3% 18% 93% 10% 41% 102 22% Baltimore & Ohio RIl— O STOCKS NEW Thursday Dec. 3 69 8% 1st mtgc gold 4s July 1948 A 4s registered 1918 A Stamped modified bonds— 1st mtgc g (Int at 4% to Oct 1 1946) due..--July 1948 A ltcf A gen ser A (int at 1% to Dec 1 1946) due 1995 J lief A gen ser C (int at 1 1-5% to Dec 1 1946) due 1995 J 8% , 29 44 Wednesday S per share 3% 19 *12% 17 *123.i < 17'a 17l2 17% 17% *100% 102% *1003« 102% 35M 35i2 35% 35% 10% 11 1034 10% 36 M 103 *93 ni2 41S4 70 105 lass 9334 id2 36 % 105 *3% 19 41 29 1 $ ner share 3>s *93 11294 7344 5944 3M 1914 1 9744 101 99 M 10214 2 80 62 103 Sales for Saturday High 8944 10354 9544 101 103% ♦HIM 130 M 11044 D 1964 No.- Low *97 103% May 1 1945 J/N Oct 1952 MN 1948 J J General unified 4 <^s A 1 $ per share Cal-Arlz 1st & rof 4%8 A...1962 m a Atl Knox & Nor 1st g 5s 1946 Atl & Char 1A L 1st 4^8 A.... 1944 1st 30-year 5s series B 1944 J Atl Coast 1st cons 4s July 1952 M LOW AND HIGH SALE PRICES Since Jan High 10344 1900 J D 1965 J J Rocky Mtn Div 1st 4s Range Asked 89 D 1955 J D Oonv gold 4s of 1910 d- Low Conv sold 4s of 1909 Conv 4s of 1905 or Friday's Price Stamped NEW YORK STOCK RECORD Week's Last fcl 3% 3% /30'i 30% 3% 30 10% 46 107% 3% 31 39% *29 10% 200 70 10 4,200 30 400 20 4,000 ..10 Hamilton Watch Co. No par 100 2 25 Hecker Products Corp Helme (C, W) .25 900 Feb 25 108 140 6m% preferred... 1 Preferred 100 Hercules Motors......No par Hercules Powder. No par 101% Aug 26 14% Nov 13 Jan 3 4%June26 93%June 20 1% Apr 21 76 June 12 6 June 2 Hlnde A Dauch Paper Co 800 30 300 2,500 E) The Class B Household Finance 200 5% preferred Houston Oil of Texas Howe Sound Co 5,600 30% 2,700 __10 No par No par 100 v t C..25 5 Jan 10 6% 101 Jan 23 Feb 10 3% Jan 6 96 Sept 5 8% Sept 19 95 June 16% May 130 May 5% May 83% June 2 Aug 89% June 6% Dec Jan Feb 17 Jan 106% Jan 106 Deo 28% 138 9% 104 Jan Apr Apr Apr 4% Apr 113% 11% Apr Jan June 110 Jan 1 168 July 11 155 Jan 167 Deo 150 Dec 14 Nov 26 15%May 23 17% Doc 5 6% Apr 12 5 Holly Sugar Corp. ....No par 9 Feb 14 7% preferred.......... 100 5107% Apr 14 Homestake Mining 12.50 39% Dec 2 Houdaille-Hershey cl A .No par 28 Oct 30 600 3% 10 ..10 25% Apr 37 86 Hires Co (C Holland Furnace (Del) Hollander A Sons (A). July 16 106% Jan 16 149% Feb 11 34% 20% Jan 13 100 5,600 700 Jan 24 30 96 200 150 500 8 57% Nov 21 10% Apr 21 66 Apr 22 6% cum preferred .100 £l23%May 1 Hershey Chocolate... .No par 441) Dec 5 $4 conv preferred....No par 99%June 17 4,100 16% Jan 15 6% preferred.........^.100 Hat Corp of Amer class A...1 Hayes Mfg Corp 4 10% Nov 17 104 _ Hazel-Atlas Glass Co. 70 10% Dec 6% preferred... <;.■«. .100 Hauna (M A) Co $5 pf.No par Harbison-Walk Refrac. No par 300 400 4^800 10% Hall Printing Co. 7,500 40 45% 45% 106 106 3% 30 1,000 8% Nov 13 45% Nov Aug 3% Feb 26% Apr 100 19 14 14 22 16% Jan 9 80% July 29 132% Oct 21 56% Jan 18 12% May 69 21% Dec 100% Apr 126% Aug 50 June 133% 67% Apr 8 94% May 16'2Sept 15 18% Aug 18 12% July 18% 30% Jan 10 19 35% 115 Jan 9% July 24 16% Aug 5 115 52% 39 Oct 27 Jan 8 Jan 27 13% Jan 6 64 9 Jan 111 Jan 15 5 July 22 37% Jan 8 Apr May 4% July 8 May 103 May May 28 May t 8% May 54% May 35 101 June 3% May 28 Aug! Jan 115% Jan Jan Apr 934 Nov 16% 110 6C% 38% 16% 71% 112 6% 50% Apr Mar Jan Deo Apr Apr Deo Jan Fib LOW AND HIGH SALE PRICES *% 6u *2% 18*4 18% 6ie *i4 3 *2% 18% 18% *2% a 18 3% 3% 3% Thursday Friday Dec. 4 Dec. 5 $ per share $ per share $ per share *16 % $ per share S ver share 3% Dec. 2 I Dec i Nov. 29 - Tuesday Monday 1 Saturday Wednesday Dec. 3 >2% 3 18% 19 3% 3% 61« »»• *i< *i« 19% 19 ! the i EXCHANGE 7 i-; 5% preferred.— 200 Hud Bay Min & % %« 4,100 {Hupp Motor Car Hudson Motor -100 - — - 6 3% Jan 21 % Sept 11 12 May 2 5 4% Jan 13 3 May Corp.—.. 1 ■ - 1 ■. I "92 Vi 7'' 7% 17 36V 36% 17 *16% ;v, 36% ■; '*36 16 15% 17% 17 :: 17" 900 36% 37% 37% 37 37 250 3 850 6% preferred series A..-100 : s:Leased lines 4% ——100 ...iRR Sec ctfs series A;..1000 17V *17% 36% 36% 36% 3 8,200 Indianapolis P & L Co.No par 15% 15% 15% 15% 15% 15% 15% 15% 7% *7% 8 *7% 7% 7% 7% *7% 2578 8 100 26 2.700 90 1,000 3 26 25% 25% 25% 25% 25% 26 91 91 *90% 91% *90% 91% 91% 91% *156 66% 67 CO CC 67% 10% 10 10% 6% 10% 6% 10% 6% 23% 23% 23% 24 10 *6% 7 23% ♦ill's 112 4?fi *4% 45% 163 12% 12% 1% 47% 2% 3% 23% 24% 3 3 23% 23% 127 127 ?: i6 16 55% 55% 2% *1% 15% 55% *1% 56i.| 2% *45% 47 *45 47 *46% 471? *46% 47% *26% 27% 261% 26% *39% 40% *39% 40% 8% 1854 45 ?6)4 94% 88 93% 92 100)4 "55 "92"" 93 *87 96 U i: 2% 2% *2 10 10% 10% 99 *96 8% *8 31% 31% 1,300 18,400 400 t—.100 %V,:ag: % •is 99 8% *?0 8I.1 31% % 11,300 12V 131.1 23,400 1% *1% *47% 1212 13 48% 3 2% 2% 27g 2% 90 " "3'"' 78% .1977 6614 69 8s 80 1st & ref 5s series A.. -.1971 68% 75A 66 1st & ref 4t^s series B 74 75*4 51 73 88 26 A 27 % 14 Apr 66% May .94 Nov Internat Min & preferred. V- - - - - Internat'l Mining Corp Prior 278 3,500 24% 241-: 46,700 Iht Nickel 500 16 16% 1578 16% 56% 57% .56% 57% 22,500 3,900 2% 3% 2% 200 100 *2 *47 47% *45 47% *45 47% 47% *46 48 *46 47% *46 48 100 27 1,500 - of 21% Aug Jum 91 2% July 2 43%May 5 136 jUn' 38 May 6 145 1% Apr 10 30% Apr 23 49 1 4 2% Dec 23% Nov 29 May 8 -100 -No par Mar 5% Nov | 12% Jan ■ Jan 62% ■« Deo : Jan Jan 133 June . Jan 10% May 21% May 73 Apr 5% 56% Jan 39% Dec May 20 31% Jan 30 25 27 27% *38% 40% 97 ♦lOiti 105 8% 8% *°0 2% 10% 97% 8% *30% 8% 8% 31% 31% 2% 99 *96 31% *131 251.1 Feb 15 05 Jan 3 i June ; 26% May Island Creek « $6 . Oct 30 13% May Oct 3) 97% 1% 1% 4% 74% 5% 20% 3% Sept . 9% Aug 20 33% Aug 134% Aug 27% Apr 21 Mar 21. 124 preferred...-—-.-—-1 ■ Sept 98 Feb 14 7 9 3% Sept 14 Sept 18 ITgMay 1 5% Feb 19 87. Feb 24 1 Coal...— 49 Feb 7% 7% 7% 7% 7% 7% 7% 36% 36% 36% *36% 37% 36% 36% 7% 111 • 58 58 *125% --:— 20% 20% *60 20% 20% 61% 60 60 70 68% 68% 10 9% 9% 70 V e«4 , ♦122 V *125% - 7% 7% 7% 758 36 36 *36 36% ♦111% 113 *111% 113 58% .53 59 59% 111% 111% *111% 113 59 08 58 57 *111% 113 57% 58% 111 *122% 21 - 20% 21 60 60 70 71 21 207* 21% 20% *60% 61% 60% 60% *70 71 71% 71% *59% *69% 9% 9% 9% 9% 9% -9% 9% Jewel Tea 5,400 '■ Jones & 500 72 1,200 9% :. -- Apr 23 30 Nov 109 Dec May 4% Jan May May 4% Jan May Nov 122 Laughlin Steel.No par Jan Jan 16 June Dec 130 Dec Feb II 128 1 20% Nov 28 59 Oct 17 27% July 31 67 Aug 23 1 2 86% July 31 68% Dee 9% Dec 14 1 7% *7 7% 7% *119% *3% *119% 3% 4 3% 3% 19% • 19 7 7% 7% *119% *119% iw- ■ 19 /4 ■' ..." fa'i- 6% -4.- *119% 4% 4 19% May ■52 Mar *119% — 4% 3% 4% 21% '21% 21% 20% *19 11% 11% 11% 11 11% i 11% 11% ■! 11 11% 11% *11 101% 101% *101% 102 *101% 102 *101% 101% *101% 103 *101% 103 ! 7% 7% 7% 78. 7% 7% *7% 7% *7% 7% !7V 7% 102 *100 100 100 100 100 ♦95 100 *95 *95 100 *95 13% 12% 12% 13% 12% 12% *12% 13% • 13% 11*4 13 :f 13 5% 5 5% 6% *5 5 5 5% 478 ....: 2,100 500 I *10% 5% conv preferred -. 100 Kayser (I) & Co.--...-4..-5 10 1,200 ■ . } *104 ■\ 31% 31% 18 13% ,31% 3' ■*• 31 34% 2% 105% 31% 32% 13 13% 30% 13% 13% 13% 30% 31 31% !2% \) 2% 35 35 13 13% 1,900 30 30 1,800 •2% 2% *J%. -2% *2% 34% *33% 34% *33% '2% 34% 300 *33% 24% ■237* 24% 23% 23% 2,700 2% 2% 34% 33 *3% 237g 3% 24 ; 34% 24% .23% 3% *3% *3% 3% *3% f 27% 27% 27% 27% 27% 28 27% 27% 27% 28% 28% 28 28% 28% 28% 27% 28% 1 28% 24% i 24% v 3% . 39.700 33% 33 78 *12% ■13% 30% 30% 24 3% No par Keunecott Copper. No par No par Steel & W Co 2,400 & Bak.No Kroger Grocery 3 Feb 15 29%. Jan 10 par 38% 2 - May 4 ; '22% Aug 23% May k 123* y . 35% 12'8 12% 12% 10% *o% 23 23 *112 115 , 3% 10 115 3118 3% 3% 1 1 10 >10 115 10% 13 *23 v. 3% 1% *1 *12% 13% *33 10% *9% 22% 23 23% *23 *11% 35% *32% 12% 23% 3% 10% 978 2.700 . J..- -100 (The).—No pur Lane Bryant...—- ——No par Lee Rubber & Tire —5 Lambert Co 10 3% 3,000 Cement—.25 preferred.10ft f Lehigh Valley RR—50 1 2,000 Lehigh Valley Coal 10 2,200 500 24 9% 10% 100 ... . 113% 24 - l;400 5% preferred 5% Feb 14 Jan 2 St Louis 100 Laclede Gas Lt Co : 23% 23 23 290 13 35% 12% 10% 10% 113% 113% *113 3% 3% 3% 1 1 1 1% 1 10% 10% 13% 13 10% 12% *112 3% 3% 1 10% 35% 22 23% *23 *112 13% *33 *9% 22 21 23% 23% 10% *9% 21 21 *112 35% 13 *32% 13 10% *9% 22 .] *21 'yr 1312 11 "4 3512 >32% 45% July 15 11 14%Sept 15 13 Aug 1 7 Jan 21 Dee 3 Jan 1% Jan 2 :'? Feb 13 No par Jan 16% May •}■ 35% Dec 8 k 15% May 125 4 100% June i lia% Deo I 5% Aug-18 J* i%May i 4 v, Jan 26% Oct 116%,Jan 2% July 25 : : . ljiDcc 2 64%Scpt 2 2% Feb 14 50 'I 1% Jan May 4% Nov i 20% 21 21 21% 21% 1312 12% *21% *223* 22% 22% 13% 22% 24i« 24% 24 24% 5 5 *131* > f *33 >2 33% (The)--' -.1 Prod Corp. ——5 Corp....No par Libbey Owe is Fcrd Gl.No par Libby McNeill & Libby 7 21% 12% 21% 21% 3,700 Lehman Corp 12% 12% 12% 12% 12% 13 22% 22% 22% 22% 22% 22% 1,800 1,900 Lehn & Fluk 22 24% 25 24% 25 24% 24-% 15,500 5 :■ 5 25% 5 24% 47g 5 33% 47« 34 12% 34 *33 , 5 *33% 69% 21% 21% 5% 34 34 ■ ■ 21% 21% ' ..5 5 9,200 500 Life Savers Corp .......5 5,300 Liggett & Myers Tobacco..25 34 34 34 82 71% 72% 68 68% 70% 70% 65% •67% 67% 65Vi 72 72% 71% 70% 68% 69% 66 66% 66% 68% 70% 72% 179% 179% *178 179% *178 179% *177 179% *177 178l4 178% 4177 21 *20 21 21 *20 21 *2o 21 *20 *20 20% ■J *20 •: 15,400 • 200 1 — - \ Series B—-.-—... .25 Preferred.... — -100 Lily Tulip Cup Corp...No par — - .' e 22% 22% 22% 22% 24% 24 24% 24% 24% ♦24% 34i2 34% 34% 341 34% 34% 34% 35 35 35% 35 11 *11% 14% 11% V41w> 14% 14% 11 1412 14% 14% 28i* 29% 29% 27% 11% I 178 28% 38 37% 111,1 » 28% 37% 377* 38% *106% 107 *1061* 10/ 43 43% 4i i2 42% 2 % i *2% 2% • 2% 107 18l2 18%. IS 66 66 ] 15% 16% 66% 38% 38% *108 44 •44 - Id • 66 38% 10/. 15% 15% 16 156% 153% *151 18 18 18% 66 38% 43 2% 15% 15% 28 *106 43l4 16% 15% 27% 107 2% 153 15% 28% 38% 42% 67% 2% 15% 15% 151 18% 68 2% 16 -2% 18 16 *15% 107 107 *106 44% 44% 2% 2% 2% 16% 16 16 15% *149% 156% 18% *18% ■18% *67% - 44% 151 68 11% 11 >2 11% 15% 38 f 35 - 28 38 i 153.4 16 15% ;; i5i4 >153 156% 11% r 15% 28% y y 11% 28 18% 67% 63% 33 May •45- Apr 3 98 »Jan- 2 87 May 109 Apr June 16 189 18% Mar 11 21 Jan 87 May 109% 169 June 188% - 3 June 25 18% 1,200 7% preferred.. - -.'_. -.. 100 Louisville Gas & El A—No par 67% 1,200 Louisville & Nashville.. May [. 16. May j Apr Deo 23% Apr stpd May 1 2037 20% ♦lst & rcf 4^s C..May 1 2037 J D 15 15 10% 2054 s registered.. -, -... _. O A 13% July 30 I6%Jan-i8 31% Sept 5 39% Oct 31 9% Apr 15 Apr 26 19% Apr 21 28 May 22 105 June 4 i; \ > *20 21% r I '{•• 30% 23 *14% 23% 30%I i I 30% 23 14% *14% 14% 23% 23% 3% 7 . f - 37* 3% 6% 15% *6% *14% 1 *14-% 15%' *1 1% 1 • 23 *14% 23% 3% 6% *14% *6% 31% 30% 23% 23% 23%| 31% • 134 *133% 137 *133% 136 ! 21% 21% *20% 1 21% 134 21% 134 32 31% 23% 23% *V-" 1-141 *132% 137 32% 23% 14% 14% 14% 24% 4% 23% 23% 3% 4 7 15% 1% 6% 6% if *132% 137 60 32 4.100 -31% 31% 32 97 May 29 June 2 May 3 Sept 18 13% Juue ' 19%. Jan 15 Jan -2 162 17 Mar 22 60 Feb 18 . ' 3 Sept 74% Nov 5 231- 23% 23 14% *14% *14% 23% • *14% 1% 23% 24 3% 4 15% 1% .?;* 1 - 6% 15% - : 100 2,300 14,500 3% 3% 15% •'•i J . . f ] I ; . *7 ; 7 7 vV 3% 3% 3% 3% 7 14% 25% 5% 7 14% 26% 6% 14% 14% 14% 14«2 25% 26 25% 47s 26 5 25 25 25% 24% 2-1% 23% 29 5 47S 25 r*23% t 3% 7% 3% *28 176 2 > 24% 23% 182 24% *21% 28% *176 2S%| 182 28% '*176 3% 6% 14% 26% 5% 25% 23% 29% —U*176 35„ 3% 7% 7% 14% 14% 26% -26% 5% "f5'z 25% 25% 23U 23% 29 29% 3% 7% 1; 23,500 3% 31-' 14% *176 par ■ t''' Marine Shirt:...—iii .25 Exploration. ..1 U i ' 109% 46% 4% ■i 18% Midland Corp...'. —5 14% 14% 14% --6,800 25% 26% 8,600 5% 5% 26 5% 5,500 7.000 Masonite»Corp.;._i_a.No 1.200 M aster Elec 26% 24 - 23% 8 *60. " . 26% 23% - 29% *17% 183- *176 28 183 .2,000 .V - i"- ■ Market St Ry . . . 47% Dec ,25% 138% May 163% par Co J.. — -.1 Mathieson Alkali Wks.No oar 7% preferred. J.JJi.I.. 100 13% Jan 17 23 Feb 14 Nov 29 May 28 23% Nov 18 24%May 5 171 June 13 128 201 j For footnotes see page 1% "46*54 63)4 52 A M m% 108 % 109 J m% 102 % 103% J 97% M S 98 A O 40 J 1967 Div J - (aiuls Ry ..'.1993 ./D j 40% J . .. ' 0 A 0 J J ] Series B 3 As guar. I'i. ——.1942 ...1942 Series A 4^s guar > Series C 3>is guar... 1 _ — Clcve Short Line 4tis_196lU 1st gu 5His.:. 1972 A guar.».—.1973 A '■'% 1st s f 4 %s series C —1977 A Coal River Ry 1st gu 4s. .2;.. 1945 ./ Cnlo Fuel & Iron gen s f 5s. .1943.F lata f 6sseries B ♦Cold & South 4 As series A..1980 Columbia G & E deli 5s.May. 1952 Debenture 5s Apr 15 1952 ; Debenture 5s.. i. I..—. 1961 Columbus & H V 1st ext g 4s. 1948 Columbus & Sou Ohio El 3,%s 1970 Columbus A To! 1st ext 4s.. ♦Commercial Mackay Corp— 105*4 105J4 466"ri63j4 109 109 108 10854 10754 10754 107% *108 H 80% 81% 17 75 88% 79% 16 79% 1)03 09% 70H 138 6ft 72 63 71)54 73 80% 70% O I) A 65 03% '107% 65 MN 16% 10254 O 104% J J A 0 M S "3 17% 16% 102 % 102% 102'A ♦113 110% 11054 77 13 117 16 102% 120 103 .... Commonwealth May Conn Ry <k L ./ . Jau Mar 4% Apr ?% Mar 16% Jau 32.% Sept 15 '12i.t Jan _ 6 28% Jan 13 28 Sept 15 8*4 Slay 20% Jum . l%May r 5% Oct 13% Dec ' k> 2% May f - ; 16% Nov 47% 14% 21% Jum 4 40% 6% May ... t Apr *110 1951 J J 2- — 3%s A 1061 I _ .-..194(1 Hydro-Elec Works 7sJ956 21951 Wuertembcrg Jau 176 Aug 7 160* June O 104 A 0 106H A . 10954 10954 110 108 % 103% 10654 104 103*4 105*4 10454 10754 10354 H1754 106)4 10954 104 54 108 A J J 107% 105*4 108% ■' J J J J "28" 28 28- , 28 . 27 A . 82% « 22 '•" 8 ■ 17*4 -2S 18 28.,. . 28 82 A Consumers Power Co—« 8554 7554 :'f; '1st mtge 3^8.... 1st mtge 3'as.-: 4 ^ I i......1965 w..1967 • 1st mtge 3 As—k-"--' <; ' , '—1070 mtge-3^8.2ii-2..i2.;..1966 f ,1st 1st 'mtge 3iis.i'—Cv—222,-1969 Continental OH cotiv 2sr.. 1948 i • ...1950 =jCrane po2^ss f debs Crucible Steel 3'AS s-t debsi.1955 lAsl fCuba Nor Ry 1st -. -2.1942 4- ♦Deposit receipts 22.. .222- - -- 2J fcuba RR 1st, 5s g r ly.v. 2 . —21952 ♦Deposit receipts—k.k---:♦7>is series A extended to 1946 I - | : , ♦Deposit receipts. .. MN 108% 108 % *11044 MN 111'4 10T MN 411A MN .109 • , 109 111. i'.W 11I-H 111 10254! 102 A 10114 101 A! 101% J • 1) "07% ,y 97 % •*. JO 20%' .265i ■23 A T'ij 26 2.... ♦6s series B extended to 1946 j"i> ^Depositreceipts.2.-.z ■t 'jCurtis Publishing Co 3h deb:2:l955 A Q 26 54 28 15M 24 , , *25 A 94 A < 14 54 ■23 .-»■* '2354 ■'I 66 ,'30 *4" •30% ttT'v.S %rl6%4 r-16 54 ,28 A .28 6 ,16 v -25%' 20 A ft 15 54. ;23 23% .. h . 9754 102,,. 99 7 .'59254 12 •■ ■- 30% 28 A % 107 47 102% 97 11154 102*4 107 20 111% MN 0 23%' 93%' ■ 10751 111".' • 111% rVl5 ,;i08*i' 11154 109 n 3 ,105% 19954 J A 109: 8 31(16 23%r 2 2654 ,31.54 30 2754 26 16 54 ■> 15'; J. .25% 9354 9421 i—r 1403. I • 2754 f 1402. 11054 10254 106 54 18 2854 105% 28 104% 105% 27% J ...1956 109% no J 2.. 1960 J . 119 ' 119 109% O {♦Consol Ity non-eonv deb 4s 1954 ♦Debenture 4s 1955 ...._• ■_ 10054 101 'yyy .4 J ♦Debenture 4s 108*4 111)54 ... , J JO ; 3284* !'Apr 473% D«c '.r. i% Sept-17 FA Consol OH conv deb 3 Ask J.. Apr . 3 109 A iooa J ♦Consolidated 12% .17% Sept .; 9 110H ./ Apr Dee 38% l'F4 Jan 107)4 lst A ref 4^8.1951 f 3'As debentures,.1-—-.—-.1048 3 As debentures .2........ .1956 » 3As debentures... —v." 1958 Upper H0% 109% *101 3%s <k;bentures of 5ft 54 UO'4 ./ Jan Sept •..436% May Dec May i 31% 31 Apr May 3% May D O Consul Edison of Nqw York— 5 3454 ,1 Conn Riv Pow s f < "53.% J stamped guar 4 !^s I 50« 50% Edison Co— I lst mtge 3 As seri(« I 1968 I Conv debs 3H8.. .V.... .;1958 Conti & Pasump Rlv lst .4s_.1943 11354 113 *113% A 26 <. / 104?4 HI 110% • Apr 1 1969 if Income deb w w F 86,; 9!) 14 106 10054 106 ♦9854 10554 112 11454 118 102 k .103 .. 10354 10654 15 82 .,.81 'A 102 10? *10'# •JG'gS 104 % "82*." MN 1955 v 10454 11054 100 *106 O O O A - 7ft.?3' 6754 ' 31 l s 3 • r 43 5, ••>'68 15 *1(18" 1970 4 0 j *5s income mtge.— 45 100 J Clcve Union Term gu 44 80 >«1 •- 4654 "01 • *102 54 |-..viQen" 4As acrles Aii>i 4.. —.2l977jF:4A 1981 J 86 118 *103%; 1948 MN .1950 F A Gen & ref 4 'As series B 48% 99 • 6854 73% 40% ■*>.'■} --.d t' 1; 4! is series B —-JJC-21942 A 89 70 A 70 A' 109 % 108% M N J '108% f-rW, Gen 22% 89 *86 D 1st coll tr g 4s.. 1990 51% 9% 99 73 % 73% j Elec Ilium 3s...—1970 J 112 % U2% *98 A E—1977 j - 27 A 104*4 106' 108 11054 111 113% ♦109 % J j 54% 10754 H154 109 11154 1IH4 1104 i A ./ 98 % 40 A 70 44% 106% 10954 98;% 104 54 8954 97 54 91% 9954 *110Ye *102*'« I) F 98 39 55% *1,9?4-21 J/N J 10 '97 A 97 1st gu 3!^s D..1971 M N 4s...;1991 : J J 78 67 49% Cleveland & Pittsburgh RR— , 1554 2% 63 St L - H 52 Cin Wall & M Div lst . 14% 7% 113 63 i1 • 7% 141 1% 70 70 70 "190 12 7H 52 For footnotes see page J. U4 19% 12 64 Cleveland b Jau Apr 8% June ax 5% Jail 14 .3% Nov 13 V 6% Dec 3 10 *17% 11% 12% 11 354' Jan >25% May 4 % Jan 14 t % 12% S Ref & impt 4^8 series Apr . -2Hh May 6 July 28 31 4 5% Jan 3 12% Apr 17 1% Feb • 26% •■ "yy% I) 1960 1960 General 5s series B.ikvi-i. .1993 Apr 4% July 28 4 1% Aug '• 7% Aug 18 .w 4 May ■leiiSept 17 i; 11% May * >4 Maj ; l%May 20 14% Aug Feb 17 11 23%Noy 28 100 6% pr pref Marshall Field & Co. j.No par Martin (Glenn L) Oo-aa-i -1 Martin-Parry Corp. .No Par •■'•*7 ' 181 Co Inc...No 20% Sept 24 Madison -B<t Garden. j./Vo pur v. 5 31 <s Nov 22%May 26 - 24 \ 21 22% 20% J 1 Dec 5s Clcve Cin Chic & St Generalg4s;.— i 15% May r.,21% Jau "38 May i> 65 ' Nov 24 .?• 17- 23% Apr 21 Maracaibo Oil ■ 133 138 par Magma Copper..—--— -10 -.1 Maiiati Sugar Co. Manhattan ; : • 700 %:!>/ 1 % 5 May 15 par MandeL Bros. H —t^.Na 600 7 6% *14% Macy (It H) 6,300 24 23% ' 6% *14% V 14% ' 100 31% Jan 21 Jan 21 20% Dec .—A'o — 14% 11% 1354 12% 3 20% 1) Consolidation Coal a t 5s.: 6% preferred... 231 20 19 A 1) lst mtge 3 As , MacK Trucks Inc. 21 20 D Apt 41 ; May July 24 19 13% Jan 30 MacAndrews & Forbes.—. .10 1000 21 20% 21% 20 19 A Cin Leb & Nor lst Con gu 4s. 1942 M N M 21 21% 49 J t • 3854 Cincinnati Gas & Elec 3J<8—1966 FA 10% May f.18% Mar < 41% Apr 22% July 20% May i, 37% Mar ; 3% Jan 150 June —100 9 May 45% July 28 110 Apr 21 2% Apr 12 14% Nov. 27 2 27. 37% Jan 14 8 13 35 16 J guar 254 44 J 1951 -1951 ..1951 {♦Choctaw Ok & Gulf con 5s.1952 J 1% SLis.i-..- Income •; 10% L & New Orleans 5s.. Chic T H & So'eastern 1st 5s: r 55 1H 1054 43% 20 -.1988 registered 1% I'A MN 1949 — i >18% May i30a4 Deo Jan BO, 207g Apr 21 /29 10 Co Lorillard <P) SO 151 39.Jan 18 061? Jon 61% Nov 27 174 36 2154 11 - 4% Dec 32% Nov 65 Nov 26 . Lima Locomotive 6,900 15% 15% 151 /v Wks.Aro par 1,500 Link Belt Co.......J.No par 1,800 Lion Oil Refining Co. J-No par LiquidCarboiiic.Corp..No par 3,200 19,700 Lockheed Aircraft Corp.... -1 Loews Inc..' i......No par 8,900 109 V 36.50 preferred No par 4,100 Lone Star Cement Corp No par Long Bell Lumber A...No par 3,100 Loose-Wiles Biscuit 25 2,700 1.700 24% 11% Feb Apr 18 2i Nov 28 p i > '.[y j, 22% —- 241.1 Sept 16 16% May :"244i Nov 14% Nov-18 8% May kU4 - Feb -Jan 27.%8ept 15 '•18%May ■ 29 30 June ! 53% Jan 45»o Jan 9 t 9% Apr 5 May ;• 7% Jan 23 19% Apr 12 • Lerner Stores 19'L 1054 ' ' ,1 32 92 Jan ' ■r 30 A 26 ,;Feb 9% ;; .May 29 H 16 '4 Memphis Div 1st g 4s 34% Apr 8% May j.21% Sept J Iff Dec it 16% Jan 7% Nov 3% May I 27% July 22 MO'aJune -4 4% conv i 6% conv preferred—; 8 19% Apr 12 Lehigh Portland 4 17% Sept 17% %May 2854 29% 17' ! 113| 3054 15 Series D 3'As guar *3212 2254 1654 *22 MN § ♦Refunding gold 4s 1934 § ♦Secured 4 'As series A.—.1952 M S ♦Conv g 4 'As ————I960 MN ; ! 29*4 103 15^ Jail 29% 1 2954 15 H Ch St 15% Nov May 16 25A J 27«4 May i 46% Apr 2% Jan 1% May l 17% May k 31% Apr Feb 19%May ; 26 24' 24 'A '24% M N J -> ■- ; *21"^ 15 J DM . 27% 29% 32954 16 28% - 18 J Apr 14 1454 "25" 23% 1654 1988 Jau 109 24% May 3% July 25 2% Feb 15 24 Mar 24 - *20 'A * 15 4s 7% Apr 871^ June 1I05 26%Sept 17 5^4 Sept 13 28% Aug 30 *22% Mar •12 L 23 23 29 2 Cin Un Term 40% July29 Feb 14 3% 15 6 | 1st mtge gu 3^gsser E—...21960 plcarfield & MaU 1st gu 5S— —1943 10 1254 1 22% Jan • 4% 2604 2 We "23 % ♦Certificates of deposit...,,,. .8% May 1.18% Nov 4% May T 9% Apr Jan 10 3054 1414 24 A Dec 14% July 30 38 4 1% Jan 24 23% Feb 15 22 Apr r: 25'2June 65 U)% 22^ 15% 39% July 22 41% 24 May 8% Jan 39 40 42 42 4254 MN May Jan 106 iMar 26 4% Dec 41% M N 92 95 98% Feb 21 31 Feb 14 12 Feb 14 38% 9A M N 15% 104% • 221 30% M N »20% Nov Jan 18 4154 2854 30% MN May Dec 121% Apr 18 Aug 11% Dec 2954 85 237 1% M N 9 7 ; 103 37% 41% AO {♦Cblc It I & Pac Ry gen 4s. .1988 Jau 16 •;-3% May 1 8 Aug 404 35 A 9% A I 9v8 jum .117% May '11 -'• 30 39 'A D ♦Conv 4%sseries A. •77% ;Jau ■132 ' 22% Aug 2 14% Aug 13 104% Jan 27 9 72 04% 30% A F Sept 17 8 2 2 97 .. 100 28% *28% 28% Apr 16 :1 — Kendall Co $5 pt pf A.. Keystone 1,400 28 -28 Mar 19 7 Kimberly-Clark.—. —i. No par 1 Kinney (G R) Co.— •M $5 prior preferred. .No par .10 Kresge (S S) Co _•! Kresge Dept Stores— No par Kress (S H) & Co....1 80 3% *3% 3% 28 Class B : 120 105 105 105 105% *104 33% 32% 3ih 10514 32 31 i 30% j *30% *2% V 34% • 105% *104 ♦104 110 1,800 ' ' Dec 11 64 64 ■ Chicago Union Statlou— lst mtge 3%s series E 1963 1st mtge 3'As series F...... 1963 Chic & West Indiana con 4s. 1952 •* 1st & ref M 4 As series D..1962 Chiids Co deb 5s... -1943 121% Mar 12 16 Aug 2 9 100 Keith-Albee-Orpheum pf—100 Kelsey Hayes Wh'l conv cl A.l •60 2,400 4% 5% *5% 15% Jan 4% preferred ....100 Kaufmann Dept Stores..... .1 900 >' 3254 12% 12 I) Gold June 122% May 12% Jan 1C 6% Nov 6 & Turn ...10 zll6%Juiie 12 Kan City P & L pr ser B No par 3% Apr 23 Kansas City Southern .No par Kalamazoo Stove 1,400 .7 *63i .... 4% 21 20% 20% 7 8 39 F {§ ♦Chicago Railways lst 5s stpd 1 Aug 1940 25% part pd-1927 K 7 7 A J 4s ctfs 34j4 May 9 8'A J ♦1st & ref 4 ■ I .j Jan 33 May 44 3454 7A 1854 654 654 3!> A Deo 8% : Jan 7 14 44 37J4 20 30% 1 2037 ♦1st & ref g 54......May Jan 10% 92% jum 17 111% Dec 71% Sept 18 108% Oct 30 54% Apr 19 .100 5% pref series A.. 100 5% pref series B coil v.. 100 Joy Mfg Co 1 300 62 . Johns Manville..,.....No par J Preferred —100 4,000 20% 7%Nov 18 32 Co Inc.....No par H % preferred— 4 *122% *122% - Jarvis 1,100 200 1 (W B) Co 1,400 2154 34 38 A MN j 26% 30 *28 A 30 ......1936 Jan 36% Jan 122 *32 *30 A 64 M N I ♦Secured 6 Ms May 101 2 l%May — 200 31% *30% 31% *131 *131 *131 3978 *39 y 200 *102% 105 2% 46,500 2% 2% 2% 4,000 2% 2% i,ioo 10% 978 10% 30 98 97% 97% 600 8% 8% *8% 40% *39 40% ''$7^ 277g 27% 27% 27 *38% 4054 7% | ♦General g 3 —^21987 >: 3 Ks registered. 1987 I ♦General 4s .......... 1987 4s registered...-..—. ....1987 J ♦Stpd 4s n p Fed inc tax. 1987 1 ♦Geu 4%'s stud Fed iuc tax 1987 l 4Ks registered 1987 ♦Gen 5s stpd Fed Inc ta>—1987 ♦4^s stamped-. — .1987 " 26 No par International Silver.. 7. .--50 7% preferred... 100 Inter Telep& Teles....No par Foreijn share ctfs...No par Interstate Dept Stores.No par Preferred.■— 100 Intertype Corp.... —No pur International Shoe 30 % {Chicago & Nortli Western Ry— 40% May 1% May 37 38% Jan Dec 48% Oct 18 49 Oct 24 72 37 H Ind & Louisv rcf 6s..1947 'i ♦Gen 4%s series F.May 1 1989 tChic Mihv St Paul & Pac lilt ♦Mtge g 5s series A..— 1975 ♦Conv ad] 5s......Jan 1 2000 191% Mar 173 Dec 32%May 23 38% Feb 21 63 38 A | ♦Gen 4 Hs series E.May 1 1989 2% 2% Sept 12 04% JCtiic Milwaukee & St Paul ♦Gen 4s series A.L.May 1 1989 ♦Gen g 31^8 ser B.May 1 1989 ♦Gen 4Hs series 0-May 1 1989 47% Mar May 1% Apr 16 63% ♦1st & gen 6s ser B„.May 1966 Chic Ind & Sou 50-year 4s..1956 44 ' 18% May 3% May k.7 ? 5,38% 19%.Junt 109 Sept 18 73%Junc10 22% 30)4 109W 121J4 *121 % ♦Refunding g 5s series B._..1947 ♦Refunding 4s series C 1947 ♦1st & geu 5s series A—.1966 Apr 20 10% Feb 19 55% Nov 29 26^ y>4y Apr 113 May 1 1982 i^Chlc 141. • Jan 16 1997 7% Nov 1% Dec 5% Ma' July 26 31% Sept 11 131 Jan 13 125 5% conv Inter Rys of Cent Am.-No par Jan 2% Jan 10 13% Nov 10 2% Jan i 6% Apr 21 15 preferred—-...100 — 167% Jan 10 57 July 22 170 4 %« Dec 6% Mai 11% Jan 1 June 10 150 Co.. —- 5% preferred International Salt. Sept 18 27 15% 4% Jilfi' 5% July 22 6% Dee 140 May 100 Preferred.—.— i Inter Paper 7% May 113% Jan 28 Chem..No par -100 1 Canada ..No par 900 127%.127% *1277g 130% 2% 2% 2478 24% Jan 158 3% Feb 17 Hydro-Elec Sys class A 25 Int Mercantile Marine . No par 278 3 118 May 6 7% Sept 11 *(<cn mtge Inc (conv) Jan May 97 75% "88% 76 A Chicago & Erie 1st gold 5s Apr 91% 72 10% Apr 16 July 5 Int 300 1% 48 Preferred.- ! 48 *96 - 616 1U 48% 47% • % 1% 24% 24% 24% 24% 126% 126% *126% 128 16 16% 15% 16% 57% 56% /56V 57% 163 163 48% 13 46% *45% *1% 12% 7% / *160% 164 163 163 1021.1 *96 ♦131 *130% 13,700 102% *102% 107 2% v--2;2 2% 2% 2% 2% 2% 2% 2% 10 10% 10 10 10% 2 2% 2 7% 7% 155% 156 48 48% 23 140 107 156%156% 7% 6% r High 64 77 A Chicago Gt West 1st 4s ser A. 1988 I ♦Gen inc mtge 4 Mis.— 2038 Jan 10 13% Jan ....loo 2% Low No General4s...-—;.:iZ._—Cl958 4 Jan 111% Jan 22 161 Sept 23 90% Jan No par Interlake Iron....... IN o par Int Business Machines.No par Ioternat'l Harvester..-No par 48% 29 9% Apr 22 6 Feb 25 100 155 May 66% Dec. 1 4% •6% 5 6 Co...-..-No par Corp._..No par Apr Jan Nov 16% May Inspiration Cons Copper...20 Insuranshares Ctfs Inc. 1 •'6% preferredIntercont'l Rubher Jan 43% 6% 20 Inland Steel Intercliemical .24% Jun< 9% July 21 29% July 28 4,900 1,200 1,000 67S 13% May 31 Dee Dec 3,800 24% 5% May 12 4% Aug 2 21% Jan 27 10% 43.1 47 Feb 13 Dec Aug 67% 678 24% *47% *1% JJ47Y- ----100 % preferred 6 ■ *4 155 Nov 26 5 154 120 4% 15 *90 111% 111% *4 ■ 678 25 2 20%May 27 111% 1% 2% *102% 107 *102% 107 6% 24% 24 66% 6 2% Jan Industrial i fa'i -W'«. —— *10 48 1% 48 126% 126% 15% 7 13% i2% 1% 47% 10% 10% 24 ,%« 13 12% . 1% 47% 1% *46 68 10% *678 165 *161 % 38 % % 165 *162 67% 10% 10 Rayon...—No par In-rersoll-Rand. No par 34% Jan Indian Refining— 111% 111% *111 154% 154% 4534 46% 46 45% 46% *156 -■> * 68" 6% 6% *154% 155% 155 163 6% 6&8 6% 6% 155 *156 67 678 111% 111% *111% 111% 41" 4% 4% *90 92% 91% *156 68 23% r- ": *156 *1F6 '• ■ 26 *25% 26 i *67 3 3 3 3 3 3% 15% *7% 1 4 1 45%May 22 lOi.t Aug 24 13 r *278 8% *7% 7% 17% 7% 6% Feb 15 Feb 18 Co...-100 Illinois Central RR 6,700 7% 7% 7% 18 7 7% 17% 7% 1534 3'p *2% 7% 17 Jan. 1 88 ■• Chicago & Eastern III RR— 7 Since es 15% 88% 15 87K 87K J O Cqto High Low 15H -.1949 y 1949 4s registered,.. Jau . Range k5 Friday's ; & Asked Bid Price . 3^8 1949 -.1949 .) Illinois Division 4s Feb 6% h May ,%, Jan 3 Hs registered i Jan 27 15%May 26 2%June 1.1 Nov Chic Burl & Q—111 Dlv ,1% Feb 7% Feb Dec 2% May % % Jan 22 - (Cont.) 1949 Railroad & Indus. Cos. ♦Chic & Alton RR rer 3s % per share % per share share per %June20 2% Dec 5 Sra Ltd.V/i par Car._..No par 4,300 6,500 19 $ Week Ended Dec. 5 I, * Range or Sale Highest Lowest Highest Lowest 3 per Share %r "f ,••',% Par Hudson & Manhattan 100 .->: 7-v.:.' ,V-V Week's last STOCK EXCHANGE N. Y. • Week 1,700 Lots On Basis of 100-tS7wre STOCK NEW YORK 3% %« % for 3% 19 ■ 3% 3% 3% 3% *i» '' sia V *2% % 3 18% ' Friday BONDS Range for Precious Year 1910 V. Range Since Jan. I STOCKS Shares S per share Ojj«> '4 yj % 2% 3 2% ■ NEW YORK BOND RECORD RECORD NEW YORK STOCK Sales Tuesday, December 9, 1941 & FINANCIAL, CHRONICLE THE COMMERCIAL «laoo 99%- Volume 154 Number 4017 . THE COMMERCIALS FINANCIAL CHRONICLE 1399 ! NEW YORK BOND RECORD YS- /:PA, BONDS N. ■ Y. / ST,OCR EXCHANGE J ml Fnnae or Hale. B.fe Week Ended Dec. 5i NEW YORK STOCK RECORD Friday ^.■Week's £"8 i Range, Friday's Ft Ice NQ. Bid & WW'.AND & Indus. Cos.'(Cunt.) Low High Lot# No S"turd1'i "Monday Nov. 2!) v $ ; J 108# 108# 3 D *99# 101 - - '■ J 108 108# 103# 106 *107# 106 ■; 1,1# miXi . . ■ ,12#, .*4# ; . ^8--. 1947 t ♦D^ Plains Val 1st «il 4 Detroit Edison 48 ser F.. -.. 1/ Cleft & ref 3s ser H. Detroit & Mac 1st lien g 4s... .1995 J 106 H 3K»- .1962 A {l*Dul Sou Shore & At! g 5s.. 11937 J 3#s... .1965 J Del Miss & ir Ranee Ry 35 - 4«« 103?+ *18# J 107 106# *67k 714 _ -■■' 46 30V2, '3<>7k 6 A 6 28f2 30' 2 30% 57k 6% 12 28 27; 27 27: i;27'J 27% 25% 2934' 2934 *29% 30 30 29*4 30 ',• 534 • V 5# 5*4 £ 5i2 5% 5*4 *1642 163+ w.16% 17% 16% 30 V *29-% 30# 30 29 * / 291?" * 1077K 108# ,1077K 107% 108, 107 34-.. 8% 34' 34%; i, 34% 35*4 39 *106. ♦16ft ^106 *106 " I 214 2)4 2% '«¥% 2%' *60 '63' *60 63 63 62% *61)2 . 24 121) 105# loo?"'4 NorDlv 1st 4s..1948 East Ry Minn 5s. 1956 •East Tenn Va& Cft Dlv 1st 5s—1995 E<1 El Ul (N Y) 1st cons g o *108 M.V J J Klec Auto-Lite 2 '4s del>s - - -; - -1950 J D Elfin Joliet& East Ry 3.'48.-.-1970 V S El Paso & S; W 1 st'58l 111 ------1965 A O 5s stamped- 1965 ........ {♦Erie RR 1st cons r 4s prior. Prior 4s registered.. ... — - O J .1996 J 3 ♦jutconsol Renllen g 4f}.-i - .1996 ./ J -1996 X 3 4 O Gcu 48reRlstereB I'.! A .1996 J ♦CotiV 4s scries A-- '• .1953 — - -1953 .4 ♦series B , 108 102 100# *150# 161% 1(10 ■Mi 102 106# 106# 60 137* 98 1 60 102# . 103# 7 ' 70 06# J 55# 65 j; 80li 99# 97# 65# 64# 60# 60# 59# 34# j 97# 112 62# 64 "62 63# 59# 63# 5 '42 59# 3 30 59# 59# 5 36 "29# 199 84 "62 % • > O i- .2015 Gen mtge inc4#sser A w v ;1995 J - - A 40# *59# 29# 38 29 I 16# 30% 307« *39l4" .'40* : •: "87"" J 55 % 29# 29# *104 J 101H 121# 121# *3h .fntRP i ,#«, ♦Ernesto Breda 781 .. 1- -»- -. ♦ * -1938 M g 1954 F A * 26% *6*t:. ■ -7 I2I4; * 12% 26% v-6% ' . : 12 20V 20% 121# 108 105 2% 81# 49# 263 18 89 82# 103# 4 107# *11" "28" * 103 1 5 121# 101 *2*4 ..1956 ./ - D .-1943 f ■{♦Fla Cent A PenninSs {Florida East, Cmvt 1st 4 #8. ..1959 7 ♦ .106# l/N 90# 3 » ""8# 69# llJi r 36# >v ' Francisco Sugar 62 49# 1 70 -1082 M.V k>M-. 2# 2H ... 2# coll trust lis. '-Aim MY ^69# ; m,est •- C," 'A' 75 «j I 19 35 - 17 A '3 1# 3 30 » 1 Elec (Germany) 7s.- . . 1.945 J §♦gioklng fund deb 6)'aS-- .r 1940 J L With (leclaratlo04:ylli --;-l-- ♦i" V *20 years f debtts.-.-'. -1948 M N J -Gen Steel castings 5J4« W W-. I919 J J {♦ corgia A Ala R.v 5t. -Oct 1 1945 J '{{♦Usi Caro A Nor 1st est 6s-- -1934 J J i*Ge 10 ,,10- i 10# h ,> r-jQ-S, 10 97# 97 •.f1 " . J 1st . - - i - - - - 106 - k- -18% *84 D *100 10"' 5 106# 86# 9# 42 95 W** Gen mtRe 4s series II t" Gulf Mob A Nor 1st ;' 1st mtge 5s series ' 95# 95 m 96 - 59# 79-1 69 55 96 87# 86# ,7 87# 86 99 95 # 98# 95# 96 76 76 # 79 125 *65# 70 J 78 ?i 87# 87# • 86 12, 156 | 9# -89" 88 ./ 3 68# 47# *88 - - Hudson CO Gas 1st g Hudson A Mauhat 75 99 # ; 87# 62 65 *5 5s --- A A> -5% 61*4 91 87 79 49 36 14%' 130# O 130# ,102 'iff-r*' D -. 1981 Istgold 4s...- ---.s:. 1 Jo 1 4s registered -.-A 951 102 17 4 123# ■ v 39 : 9# 2 v- 70# 104# 37# ■123# 39# O 6 ». 104. 36 J J 104 40 9# 84 1 204 9# 104 103#' ,104# - 4 -.'--j..--.rl9ol J 73#; .'/ 50. 53*4 Fel 24% Ma? 2% May 11% Maj 6% Dec 1' 29% Sept 8 64 9% Jan 125 Nov 27 Jan 14 103 70 70 7.1 72 11% *110%.l 11 5% 5% 5% *39 40% 7% preferred series A... Mohawk Cirpet Mills, Monsanto Chemical Co 9% Feb % Oct 31 fc.20 — 45 Deo 124*2 Deo 54 1*4 Dec 9*2 May 4 Sept 20 A or Dec 11*4 Nov l's Jan 4*4 Jan »ii Dec 2 Jhn 4*4 6478 7% Ma? July 16 17*4 Aug Apr 110 19% Jan 77 Feb 14 *79 Nox 119 May Mar 27 1181) Sept 24 110 May 119 July Mar 6 113 190 122 54 preferred series G.No par 113% May Oot 1087RJune 6 38,200 Montg Ward A Co Inc.Xn pat Mcrrell (J) &Co+ Na par 113% Oct 27 36 June 6 39% Jun 8 43% Jan 23 Morris & Essex.. ...50 Motor Products Corp-.Xf? par 23 Jan 4 30% Aug Motor Wheel Cor p.. ^5 Mueller Brass Co....\ 12 100 3,400 2,100 - 2,000 1,200 - Mailing MfgGo class B 1 •87 preferred No par Dec 1 18*4May « 2*iMay 15 : 57 110 900 Munsldgwear inc 73 73 800 111 111 140 Murphy Co (G C) No par 5% preferred..-....£..100 109 Murray Corp of America.. 10 Myers (F E) & Bro....No par 36 Nov 17 10 Aug 5% 40)? 3,800 19% 3,700 400 XAs^No . 12 6*4 Nov 28 . -. 94 Nov 12 15*2 *39 1 3% Aug Jum Feb 28*4 May *38% Dec 12# Apr I7*g May 2% May 26 May 15*2 Oct 2" / l's Jan 2 13% Feb 15 ■ 26 115 7 5 40% f 100 May 95 May 34*2 Mar 6% Jan 33% May Oct 2 41) Jan 11 797g July 28 Feb 14 Ma? 6% Ma.x 11*2 May 23% May > 82 112 12% 21% 278 21*4 58 No tar Am 24 6 45% Jan 10 112 Fel 10 1778 July 24 38*2 Jap 9 2% Dec 1 Mission Corp......1 1.10 Mo-Kan-Texns RR.--.Xf/ par 19% 19% • *100*4 101 378 3% Nabco 37S 4% 46 Feb 19 9%May 2 6178 Apr 17 par Aug 19 4 "31% 5 Max 56 Jan 33*4 May 45 Feb 21*2 June 3«78 Feb 16 Apr Jan 6 17*8 Jan 24() Jan 4% July 74 July 15*4 Nov 4 12 13 21 21 15 87g May May May 2*8 May May 8*4 May 56 Feb M May 97*8 May , 8*i Jan 11 51% Jan 27 4 Max 41 June 8% 15 20 -17% 17% 17% 37K "3*4 37g 2,500; 2,100 6*4 8% 6% 0% 1,900 *19 • 21 Liquidating Go. No 180! par • 3*4 6% 8% 8% 19% .16% 16% 166 168% *164 v - 17% 8# 16*8 *8% 16% 3,300 14.900 National Biscuit Co..... -.10 300 3 Apr 18 3% Nov 19 514 Nov 29 16 : preferred.......10 Nat; Aviation Corp 5 165 165 14>4 Jun i Nat Automotive Fibres Inc- .l 6% conv 7% preferred 9 1 83 M ar 111*2 Deo 87g Nov 12% De86 Nov 3*4 May 11 Jum 13*1; Jat 5% July 6 Jan 11 7%'Apr 21 15%Mav 26 1607sMay 27 100 - 19% Oct 27 1007k Nov 28 5% July 28 23%Sept 2 23*8 Jan 2 7'.) Jan 8 1 76% Oct 21 V3*4 Apr 21 Nashv Chatt A St Louis. .100 National Acme Co.L..-. .1.1 - 37K 14 91 ; - GH-' 14*4 *14% 5*4 (A -5# 14% "137« . 14 9)4 9% 14% 14*. 2 14' 1 » 5% ) • 15 14% tl4% ''57g 13% 9'o 059*4 ♦9% 14 57k 14% *16%: 1.8 : *9% 24% 17% 9% 24% 17% 5% 017« 62 *9)4 9*4 24 V 24% r *9% 24 18 5% 5% - 62% 1,400' 6 9,500; Nat Bond & Share dorp Xo Par National Can Corpi.i.. .£llu 137« 9,900 2,(00 Nat-Cash Register....Xo pai National Cylinder Gas Go 1 14% 57S 57K ' *16% 14*2 9% 14 6 *5'K ■ " > 57« - n 14% r 170 15% *167 *17% 6*4 62).) 5 62 20,090 14 j 53 Apr 19 Apr Jum 9 Sept O 7 2 99% Apr; A 7%. Feb 22*2 Jan i 23% Dec j 8*4 Sept! 10 7%Jum . .18% Jan 175*2 Jan 9 *4 200 24*4 8,500 300 17*4 5% 7,500 61O 62% V 16)4 Dec 155 Jum ' • 6% preferred -..... . . . . 11 8*4 Apr 1 12%June 6 47s Feb 15 Sept 16*4 24% 176 Gypsum Co ....4.£i>.l 84.50 conv preferred.XV> par 3 17 47g Nov 19 61*4 Nov 28 U378 Jan 10 66 7% Feb 14 Oe> Apri Jan *167 •15 15 14*4 *167 18,600' 172 18 48 47% 3% 37*4 3% 46*4 6% 6% '6% 15% *65% 6% 15 15% 15 15 66*4 69*4 *65% 667K *05% 67 71% 71*4 *70% 72 72 72 ' National Lead Co-......-4.10 100 *140% 145 18% 17*4 17*4 33 36 3.5% 35% 3% '? 3"+ 47*4 6'i fi 172 35 3 " ! 3 *8% ,i 8% - *73 ■ 3 *10 : 13 f A 13 .• 76. 3 'Iff - • 76 *38% '41 *38%, 41 *106% 108 1 278 1,1% 10% 81" 13% 8% 13% *74 76 76 39 38%. 107 *107 109 74 74 24% 24) 21% ' 9»t 107 . 24% 9 • 24% -2412 914 9 - .<-,• 7% preferred A. 20 2,500 600 48,800 6% 7,500 1,100 9,300 15% : 100 .100 Nat Mall & St'l Cast Co Aro par N.it)anal OH Products Co. ...4 National Pow, & Lt....No par ; 3% 471.1 i. -... 6% preferred B.. 16% 18% Apr 7% Nov 7*4 Oct 267g Apr May 7% Jum 5*2 May Jum Jan 13*8 Mar 5% May Jun? _ 67 100 72 72 60 27g 10% 278 10% 3,000 National Tea Co 1,100 Natom.'is Co.*.-.. NehiCarp 5 .# 6 % prior preferred. % prior preferred . 14% Dec 2 16812May 29 176 Jan 2 G60 138 Nov 18 154 Jan 15 132 16% Apr 21 24 July 11 26 36 Feb 19 ;< 2*4 Nov 28 National Steel Corp -'..-25 National Supply (The) Pa.-lb 82 conv preferred.......40 • 10% 8% 13% *8 .. 77 8*4 1,300 13% 13% 800 46 1 Dec 2 4% Apr 23 8% Feb 19 100 41 Feb 10 100 43 Feb 14 79 79 60 *38% 39% 38*4 39% i- 700 *107% 109 .'lee *107% 109 10 25 26 V 24% 26 25% 4,600 9% 9% 9*4 9% 9% 3,100 9% ,2,100 . . 51*4 • 52 : 3I« l- • *491» \52_ *#* 13t« (8 50# i 48 r 27% : 23 • . i 48# ; 13#.: *47 49% ai« 191 ' 1 13 4;#'% conv serial pref... 100 Newberry Co (J J)J...No ear 5% pref series A ..100 105 19't Sept 14% May May 9 Dec 5 68 1/28% Dec 5% May 48 Max 4% Max 8 8 8 Sept 75% Sept Jum 13*2 May 7% Mar 20 68% Jan 6 77S July 31 16% Nov 10 May 157g Jan 12% Jan Jun 90 22% Apr 176 Deo 153*4 Dec 27 3 '90 - - - - - - - ,*86. 51 38*4 Sept ? 87g Jan i 73*4 Jan 9% Jan 14*8 May y 26% May 48 Ally 49% NOV Jai 8% Apr 10% Apr : 10)2 June 25% Marl< *.6 '-*'16 200 V% : 27)2 7,000 400 24% 900 190% 190*2 118% 118% *118 12 12% :*517g- -52% *52 52% . 200 400 > • 121.1 521;> 52%- 58,300! 52% 52% 3*2 2 7% May !)78 Apr 18 17 July 21 79% Feb 10 Jan 17 27*4 Jan 25 Feu 14 Nov 18 par 14 Ma.x 72 36 July May Jum Nov 20% July 30% 6% May 14% Feb 2 July 28 23% Nox 27*4 110% Dec 105*4 Nox 6 Jan 15% Jan 10 18*4 Aug ,471) Aug 24*4 Jun 2 2 6 8 . 30% May 9% May 878 May 15 May 20% May 8 Sept Apr 12 Oct 23 18 112 Jan 7 104 ..5:) 110 June 18 115 Feb 24 4 00 Aug '5 47 {N Y N H & Hartford..-.100 Conv preferred.. + 100 {NY Ontario A Western. .100 *i6 Oct 29 400 6 H preferred series 50 Jan Jan: 33% Mar 8% 12% Apr Apr5 58*4 Nov Dec Oct Dec 35 13% 3234 Jan 20 Jai May May 109 Feb 25 119% Oct 105 111 Nov 12 , Jan , Jum % *» 6 187S 21% .39 45 «i« 17% Jan 10 58*4 Jan 6 57% Jiln 20 Jan; 110 6 ' Dec i 115% Mar 175 50% Apr 29 50*4 Apr 29 Deo1 May Api 'is Oct 30 1% Feb 50 3% May 4*4 Max 1.) Jail 10 Sept 18 8 215 Jan 25 2412 Feb 14 Indus tnc.U.<5 Norfolk A Wedern Ry.li.100 Adjust 4% preferred.... 100 North American Co 10 Oct 3 20)2 Nov 17 187% Dec 1 SlnpbldgCorp partstk.-l 6% preferred series...... 50 6 3 ; Noblitti-Sparks 400 Jan %i Jan •*i« Jan •• Apr Jan 7 8 4%May16 91 53% Apr 110 8 108 | Oci 100 par 50 N Y Lack & West Ry Co. .100 N Y 45 j 11 ' New York Dock-.E-.No par non-cum pref 116 11*4 Feb 19 6% preferred series A.- .100 Corp..Xo 8 28*4 Dec 1 9% Nov 13 106% Mar t 8*2 45% Jan 16 IK) 20*4 Feb 14 10% 9,900' 6 31*4 Jan 117k Aug 6% preferred...i.-.Xn 2,700 Feb 22% Apr 28 5% Apr 23 N Y A Hirlem RR Co *4 Nov 10 5 Newmont Mining Corp....10 Newport Industries.... ..i j. 1 N Y C Omnibus . 28i,| -26% 23% *23*4 192 ! 12%. ■ 313% .13% i37g : ii% *97l» .99 *97% 99-? 5%.- .5% •"•4'5W-i 5*4 *11214 113*2 *1L2% 113% *12 12% i-12% ,1214 *39*4- AO! *39*4 40 1% .;!!% 1%. • J% 100# 105 j ' 6 ^ v -1955 M N 4 38# M N 47, :/ '« 40 39 H 38 # : 37-#, "47 ; - 90 : 93#»' 38 # c " ; < '28,, *9*4 10% 93#' ;*48 I Litchfield Dlv 1st gold 1950 3- D r 80 . . 3*^ ,.1951 j]-3 j'• j 136 37# 47# 8 36# 45% .77 48ri 92 39# 337 117% % 2 Aug: ! jhu ; Jun ? '2 Jan; 31*4 357g Apr7 Deo s 226% May i, May 14% May 117..; Doc 47% May 47% May 23 Jan 59 Jan 58 Jan ...... J '■ J iiLilM951 j* *;*34$ registered. 'J.»r.iSu'1951- j j j ;,8V.* 80 *60# Ms;53# •*39-'. 42# 44 '-44- -42 42# 44 47 37# 47 - 35# ' ;V'*A%: *26% 9*4 -9% - • 497 i 74# 82# t 59# 64 53# 61# 39 47 • ; • A 3 11.. f2$*4 32% i 9%' 1 9)? 1% *26)) 9% 1% 33 12% Apr 21 July 2 5% Dec 5 ' 93 1 Northern Pacific Ry....... 100 Nor States Pow 110 85pref.Xo pat Northwest Air Lines.. .No vat Northwestern Telegraph.-.50 1 Norwalk Tire & Rubber No •i ' , May 7%JU»e 34 7 3 Jan 15 - *1% 1% 400; *26)4 9% 1*2 Oct 27 Preferred—;. JL J. _i .AO. j 23 Apr 25 Norwich Pmtrmacal Co.-2.50 ! "9% No v 2(1 rar . *9% 9% ~i;655; 8)? 8*4 29,500 2,800 17% Jan 10 98 Sept 29 8% Aug 113% Nov 14 . 1 6 3 -44'. L-51# !: 15 May 84*2 June 4% May May 101 26% J«n 97*2 Dec 9% Jan 114 •> £lft%>l|l2 ■ v .8% 8*4' >20 ^7,*1078,;. JO 13*4 Feb 7 27~~Mi»y i 39 tNcv'a 2% May 25% Am 5% Jan 42*2 Jan II 16% M"«y; Dec .: S-.rv-^'s t:,-:3/.,-,R% ^69)4>jr69% -t,69)2 0912 3 4% • 414 Jiu*4'4'. 12% JJDk -J2# -ri'i ,'142*2-142 *142% ' ;*3% / i- 3% .69*2; 69*2 4)4 4% •12# 12*4 " 4% •12.-. 12% 4I2 *143 Y ■' 8% 8% 20# ••20% —.f- 8% 20% •; t; 69% t *4% ■ 69% 4% 12 12% *143 ! •20 3- -3 3 -. 20*2 3 69 - *4% 12% *143- 4,800 - 69% " 330. Ohio Oil Co..—.-i.-.Xfl ! Oliver Farm Equip..—No par 10 July 24 23% July 11 OmntbusCorp. (The>'i. 10 _ ! 13*4 Feb 19 .6 ); 2*4Nov 17 4'2 12% 10,000 8% preferred A -i 14..L.. 100 Op))enhehn Collins; —No Par Otis Elevator;'........No oar ----- -M0 6% preferred-4..100 5i" 3,100 300 6% Feb 19 Par Jan 6 ■ 65*2 Nov 15 ! 3 Feb It* 11*4 Dec 140 June 1 4 104*2 Jan 7 6% Sept 17 17*4 Jan <8 150 ' .51 ■A T 51 :,"5%;,r5.% *40 y 5l» '51% *16, *50% $ ^ 54' 42% 43 *50% *1,15)2 : .42% 54 ,;*51:/'- 54*T15% C" "For footnotes seex-page" 1402. 51 51*4 18"> 18*2 *52 * . 43 1 5% *1151? 45% i 5)2 *51 52% iff*? 54 *52 -Y'Y m *11512 45*4 46 5% ■ ■ 18% 54 46'" 514 *50 527g 19 *52 19 • *115% 45)? 54 400 • SteebCo:.^.No S5.50 conv par 1st pref—No par 1,100 J" Outboard Marine A Mfg....5 Outlet Co. .l.L;-.."..;Xff raf 8.501 Gt'e%K-THinols Glass Co. 12.50 Preferred. ..... 46 Otis _;.100 "• 5% Nov 12 •-40*^ 16 Apr 16 4 June 48%June 120 3 Mar 26 38-%May 1 Jan 11 5*8 June 10'4 May 7% May 95 May 2% May 11% Jum 124*4 Jum 7 8*4 May? 23% 112 578 18% 150 21 May May 47 26i.) Jan 6 19 June 32*4 Oct 9 56'-> Mar 26 50% July 16 47 May 115% May 42 June Apri 14% Marl 10-% Jan 10 60% Aug 27 120 ♦ Sept Oct 21 40*4 Nov 19 2*4 Jan U 27% July 30 •»i'-:;'/ ->r. 7: ?. '"2 A5i# 9% 1% s 3% *68i2i69% / *142'2 vi :4!T'jd'h4»>S 44- .I84 30 % North American Aviation.. J Northern Central Ry Co...50 O :*115)2 - i'■ a ;ai<| 19%-19(2 • .48#e 55 - j . > . i Y- -•■For tootnott» seepage 1403. •£^4 in14% 14% 14% 14% "14*4 14)2 24,500 *97% 99 99 *97*4 987« '*97*4 99" -*97*4 5*4 6 578 .'f. 5% 5% 5*4 5%> 5% 21,566 *112I4 113*2 *112% 113*2 *112% 113% *112% 113% '12 %; 121» 12%* 1212 A 12*4 12*4 *12% 12% 1,700 i 3')»4 '39% 397K *38*4 39 / ' 3939 V 39 eli 150' ;.v, *37S- *51 F~'A *2614-- "JA" ''' _*38"""48#.,; '• Cairo Bridge gold 4s ... . *26) r : i;A-WeGN,). 42 r , 38# 5:37# 7 :• " 70 37# *'■. 36 89# >97 82 86 •89# *31# 3 36# Collateral trust gold 48L1953 M# «3 3# .4p-year,,4^.fgVi,'?.'V---T^iLg^a'l:966 AV.A 91 - "*86t>:; Purchased lines SJ^s. J...-.1952 J. ■iW-Itefunditig.i6s^i»&4WAG^8'1955 90 . ■ffeiii'iiW m t jollnteral triist gold 4» ------1952 AO .-.41# 'j1,. A) ".>' 'L—' A* .-A ■hiV - • Jan 34 11% Oct N'port News Ship & Dr Dock 1 J...N0 par York Centralj_..Xo par N Y Chic & St Louis Co... 100 900! Feb 17 69)2 July 25 38 Apr 28 N Y Air Brake 5,300; #S2 «4 +...... New 2,800 50*4 % 7g *4 .!••:• 'r«- „ . 121# 127 ' i . 27j)Nov 28 |9 Apr 30 '8 Feb 19 $5conv preferredJ...XO par "l.SOO 59,300- . No par .-No par No pur Neisner Bros Inc.... 39 23*2 9l.j 3 27s 10% 8«,t A 8)4 13 v: 13 "38% 3 10*8 8% *13% . , , Doc. 20% Jan'1 9% Max 6 May IPs Jum • 8 . Apr 26 ,12 k Jan 30 Nat Jan 15 16% Sept 24 f 17 par 15*4 Sept 10% Sept 25% Sept 18 20% Sept. 17 8% Jan 13 .10 Aro par Stamping.No 17*2 Jan 15 9*4 Apr 28 14% July 31 478Nov18 ' Xo par Nat Distillers Prod Nat Enam A Nov 22 ll%May 20 Nat Dairy Products...No par Nat Dept Stores 1,600 *1+01" 145 18 17% *34% •15% .14% 14% i 172 *140% 145 :% Ami #,%.,■ •?« 8ie •*4" ,:,l< : a* %' ■' *%«' ♦ i >4 *%'' 'h *ll« ' l ; '*%s h 27*4 28,' 27*4 2828% .27 27% 28 *22% 23% ,*22i2 23)4 -23't 23'.) ♦22% 23% *185 189 191 19 L 187% 187)2 189*4 I'M) •II8I4 118)2 *118i4^i/i '118)4: 118% >118% 118*2 I H4V ;11% 12 r 11% .11% v-11%12% 12% *511'> 52% 52% -52% W*51)2. 52 52 ' 52 S *51*4 .52% 52 a 52: 52 52 52% -52% 56 71#; 101# 104 # ' 26# 41 9# 10- *106)2 109 •Ah. 127# 132# 85# io2 : : 18% Apr 2678 Jan 5*4 Nov 56% Nov 15*4 Mar ( 20 27 74%Sept 24 112 Nov 17 47g Apr 23 b% pref series A 100 Nash-Kiivlnator ((orp.... 1.6 35,600 '20 6% *164 *19% *100*4 101 37g 20% 17% '17% •378 191.1 • 12 .A 39 w. ■* ■ ■i'i& & 3><l8—r..--1951 AG gold 3s sterlingCi- .-1951 M S -. »•: Gold 3 67r *12*4 .. : 1st gold3>4s- Refunding 4s.... 13*4 »% - *167' , 90 90# 103# 105# 108# 112# :.'69# 36 b Ex tended Jut gold 11 7 , 12%. 12% 21% 22 111, 16% "170 15% 27k* v 27« 9 93 ■ 62 103# ill# Illinois Central RR—iG4", 1st 71 Aug 22 33% Oct 2 9% Jan 108*2 Doe 14% May R5 May ' .* ■ 90 Y 7% May 30*i Apr 2 37 Jan 15 June Anr 10 1,090 *22% 23 2234 '22*4 22% 22-*.! •V 227« 23 22 78 23 2278 2278 *1083.4 110*4 *10'))'> 110*4 *109%"11()*4 *109% 110*4 *109% 110*4 *109% 110*4 *28%. "305L 28%, 29)4 '3()""-30% 29*4 30% 30% 3()7S 3078 30% .•■j : 9i<> ;o%ki 9% 9% A-% 9*4 10 10 10% 97S 9*4 9% 9*4 15 ,15.. 15*9 i 15*4 -15% '■■1.51K <;J5)4. 15% 15% 157g *15 15% 44 * r, A3J4 43J2 44% 44)3. 45% 45% 45'.K 45% 44% 44% 44% 11 % *11% Il«4 1U4 11% H'4 1U2 11% iu2 11*4 11% 11% 6)9 *5% •. 6)4 *5% *5%6'2 *5% 6% r *5% 6% *5% 6>t *15*4 17% *15% 17*4 *15U 1734 17*4 ;*15'2 17 *15% *15% 1678 *109 )• 113 *109 *109Vt 1131 115'-> *109 115% *110 115% *110 115% .*110 .117% *110 117% *uo i 11714 *110 117% *110 ' 117# *110 117% I ■* Feb 14 27%May 23 5)2 Dec 1 113 Mar 6 31 J 9 9 July 15 9%July 21*4 Feb 15 Jan ' Illinois BellTelep 2 Va*ser A. - May May Anr 9% 47% 5 8% Sept 109i4 Jan 82 29 S 1.50 preferredNo par Preferred series B-.-Xo par 28*4 2*4 % « >369 '-#69 lOi«y-lo% 8i« M V -}94« 5% 143 *72 ' 10# ■12> IstOs A... -1957 F A ♦Adijbpome 6% 28 15*2 6 " 89 111# J M N J 17# »-5'4 61% 170 .♦13%- 95# t 91# 88# 69# ir. 103# M,V. 1962 24 17: 62; . A 27*4 *55)2 *9%)V9*4 23 F Id# *140 • Hudson Coal 1st s f oh ser 27*2 2% 5% !U j 23% *8)4'- : 94# 105# • -1949 J..3 .4 - *163 ; i- H - )• 60# 46'> 85# -95#: 99 '4 9 'i ./ ;tennitgeito5s ser Av-. RR~ J M 5s stpd.... 1952 J 1961 A O Gulf States Steel s f 4 ^8196!) \I N :Gulf States Util 3 ser 1) 1stco')SR4.^8-. ..1999 Hoe (R) Co 1st mtge - -1944 {§♦Ilousatotic Ry cons g 5s.:. .1937 .Houston Oil 4 debs I... 11lilboj 89 *117 15% , • 1st A ref Term Hocking Val 112% 112% *112 112% 30% 31% 30*4 3Dk 38)2 38% *37% 38 -I $6.»0 preferred. *117 66% 3*4 " • ' 94# 104# ./ . - - "'20 91 12Y" 15*2 6 140% 140% .19% 17% 18% 34% 34% 34% ' 34% : !2% ~27s % 2*4 3 )'47%:I!4S% 47% 47% 6% 61,} J'6% 6% .14*! 14% *14%' 15% *o434 67 *04*4 67 71*4 71*4 *69% 71*4 ! 106?$ 109* •">' Gulf A Ship Island ♦H«rp»n MJidng 89*2 6% 12% 20 . 65 19. ./ 1975 3 z a. 2015 J j 15% 125) : - *100*4 101 *18 1 99# 108# j. 5^8 B i; i- 1950 AO 1950 A O C B. 9% 23% ^145^141% 100#' 33 j Feb Gulf Mobile A Ohio 4s ser 8 102# j j ♦Debentures ctfs B 107 106# 101# » Feb del) ctfs A ♦Green Bay A West 15 2% 56% 5*4 13% ;a 4. .-9) 4 27« 102 °;--J;£5 * J series E-a ii -i i 11977 serles.G. —1946 —.-.1946 GetiintRe3?isseriesL..----1967 General mtge 4s 15% 3 14% 14*4 -.5% 5%.," i 96 5 !.14 Minn Mjllne Power Impl...l 2.900 6,600 1,000 2,700 21% 5 15% Sept 18 107 3,700 ' 27' 40% 11*4 Dec Minn-Honeywell Regu.ATn rar 4% chnv pref series B-_:100 1% 1% 15% 5% 40 Juiv 26% Aug 18 105*4 Apr 21 4 J)00 IU "i» Dee Jtm< Miami Oepper.--....-v.-—5 200 62% 13%' 14 51% *14*4^15% VO# s *61% 24 33 31% . 16%-Jan 1778 Apr Max 5 Mid-Continent Petroleum.. 10 Midland Steel Prod No far 8% cum 1st nref--...i..lo0 800 Max 26 Nov. Feb 10 17% Alax 9% July 18 110 Jan Anr Mar 93 Aug 18 9 30% 105 " ./ j General 4 86 -1. >1 "v 14 13% * 40 19% , J '4 8% 9- •* 101# 1()7 ' 69 87#" 46 A: . - -1901 J 5 series B ;1952 ./ General 5s series c...r.-- —1973 ./ M - 95 *76 Great Northern 4 'is ser General 4H» - - > 6 May 37*4 Sept 18 4.000 3,900 2% 2% *60 15% 19% '3*4 3% -■•5%, ,.3„ 8%■ -8% 6% *15% 35#' 18 *39 17.- 3*4 ' I278i 13 ft :• 1 98 15#- 14 5 39% -.14*4 .147s .i 14 .5*4 6 5% - 10 *98# n General - 36 39 35 ' 5 ; * *14«4-45f2 ^'5% ). 5% 121#" 84# - - - 11# 35 10# 10 105# -.--1950 j ARensfft'/aS.-- With declaration.. 2% 63% *2% 69-*4 I4)2May 96% Jun< 10% Max >'■ A 98 GtCons K1 Pow (Japa With declaration -■ JO 22# 10 .1/ 8 J ' 13?i *21# lstRUfts.Ui 1947 J ' ' t) 7s... . 1044 F Grays Point Term ' *12 . (1 121 69% *110% 111 20 5 29% Dec 4,000 i- *56 >,"■ : conv 1st pret.,50 Merch A Mln Trans Co.No par Mesttt Machine Cc 5 280 107% 108 37 38*4 *106 8 Jan ' ; -*120 'A 2% 57 J5%v I5t2 .16% 16- :v16U *'165)2 ; 1(55; 165)2 *164 --A;, b *163 Ml v> 70 .16 v '. ' ■ 17 :■ 3% 5*4 8#' 11#-; 1# . 11 69# ; 50 7#. •2% ?57 ; ■6#;;10#| 7 2# 66# 99# I 64# , 5 : J I> \ —-■: • ; 4% N { 43 10 r ♦Good Hope Steel & Ir sec 7s... 1945 Goodrich (14F) 1st 4h'S- —--.1956 Gotham Bilk Hosdeh 5s w wv. .l 46 Gouv A Oswegatchle 1st 5s.... 1942 13% 6% 12% 20% 21 *100% 101# *100)2 101 *100% 101 3»4 37« 3*4 " '3% 3*4 37 *20% 20'2 )20 : 20 .20" 20) *9 Vlaa&Klof feete cio'cons g 5sil.li)4rt 108 2% *60 64 i AWi ' V 5 h 16»4 27 16% *26% 5% : ' 97# 8# "84 'f 2 H2# 1,400 par 53*2 2% Mai Apr 16 share vet 36% Mai 107 109% Nov 29 25% Jan 11 Mead 200 3,100 97g Nov28 :12%May 26 103% Feb 20 16% Sept 10 f 7% Nov 25 Highest share % 28 OorB-_i.L-..i..+A''ff Par A 6i2 Dec ' ,) 86 Preferred series,ALNo par •' 70*2 Mar P* S5.50 pref ser B w w.No pat 60 Nov 28 Melville Shoe Corp _„..l !27%May 29 ' Mengel Co (The).1 3% Feb 15 1,600 27% 56*4 Sept 19 278 Jan 14 Nov 29 Nov 18 5# % preferred ^ L +..100 1037gSept 11 McLcllau Stores Co' 1 i:l, 6 Feb 15 6% conV preferred-_-...10o 101% Apr 30 1,900 S per ■ 112 27 27% 6% 21 . 100 30% 93 Lowest shore» ' McKesson & Robblns Inc. .18 100 28 117 Mclntyrc Porcupine Mines.-5 1,100 30% Apr 23 ll2 Nov 17 } pref i.-..-A7o par McGraw-Hill Pub Co..No 3,900 26% ;35)4 -3678 2% . 30% 6 *i()6i2 37; 39% *38% 40 C.I2.4J2 58 *38/ 13% 30 5*4 -jL. *106 112 31% ' -20% 110% All 5% 39- *36'2 104# 107 99 ?5 brX-y; .8 {Fonda Johns A Clover RU- §♦'2 4s (Proof of Balm) f- ♦Certificates of deposit - 49# *68# - 11 107 99 # . 1) 1.1974 ,17 8 A. ♦certificates of deposit. 1st A ref 5s series ■ llllo 30% 15 % 108 36# llllo ,1512 *68%. 69% *: 200 f per 45 10 par Ranne for Previous Year 1940 -- Highest share per -par 6% corvv preferred-,:.L:. 100 McGraW Elec Co... „.l ; _ 3s deb. --196J Firestone Tito A. Rub , ' •58 15% .69(2 110'2 : 56# ' 3 *15 '' Fairbanks Morse deb 4s &«» *38% 26) 3 67k 121+ 20% 2% *20*4 ' 60 *58 i, 19 ' 113 30% >. 81% *38)2 40 26% • 34# ' 16# 101 87# 56# 102# AO?# . 135 105 86# ./ ♦Genessee R i ver 1 st»f 6s -, ♦N V & Erie RR ext. 1st 4s. J .1947 ,l/N ♦.Erie & Jersey 1st s f 6s— 13% 5I« ?|> v.-'-iV ■ 2,800 12% 16*4 16% *27 A. 28% 108 r : f ' 29# . ' J *111 29*2/29% cum 3 * 300 3,500 3())2 4I6 113 2,600 18*2 7*4 26% . ■ 55.-,. 100# .1955 J .1957 J 13% Al# - ... 1% *111 . I'ai McGall Corp... .Xo par McCrory Stores Gorp..__...l 2,000 15%' 16% *27% "i# . B w i --41 ''13% 25'a , ♦}ltef & impt 5« of 1930.. -- .1975 A O 1st cons M 4#s ser A w l-li .1957 J 3 1st cons M 48 st^r 13%'vl3% 28 .1% -15% 1% S6 1st 3,900 1% -1% .1*4 1% 1% 1% 15% 15*4 Iff' ;*l5%,d544 15% 15% 15# 86 86 85*4 86% 89 ♦ 87% 87» 2 88% 89' *116D 121% ♦115 • *115i2 119 *117 " -i-'. *117 *118 119 *118 119 ,118 118 *117)2 121 *117% i\ ■ 106# : 56 *58 97 ♦Gen conv 4s series D-.-i-- .1953 4 O '■&> ♦SUefcfe impt fe of 1927 - - -- .1967 1/N ' 137« 149# 152 *7 101# 7,6" 108# 102 * 93 :r 23 20 10% -18% *6% A May Department Stores 1,400) MavtagCoj i..No 500 $3 preferred.-^..m.No 109 '>109 ; • 1 *27'2 6 29% ; a:** ■' ■; Lowest .V'l-i-. ' 30*4 5 i30 17% il" ■ — ; 100 10 ; Range Since Jan. On Basis of 100-flVira Lois YORK STOCK 'EXCHANGE 1,800: 17% *93 , -12% ! '5„, ; 30* , '%-rrf: 17% '•"■•' Shares r 48% 48% 188-1% • 30% 26% • ' - S rer share 48*4 >12% .3012 30*4 *5%" "'5% *27i2 28 30*4 6 it 27% '20i-> . Week • '30% 6% '281.J- 28% ; share ver 48% I ;l%'<;■!% 1% 1% *17% 17% fl7% 181.) ! 94 >*13%: 100 "94 1*931? 100 i' 10 ,>;lo% V *10 " 10% 10% 10% 14% 1412 1412ii4% 14% 15% *109 111 109 109 *109%' 111 .18 18%' 18% 1 18*4 ,18% 18% ■: *7%.' 7% 7# : 7)) •{ *7 7" :'30)4 :30'S 30% 30% i30% 30% ; ' '.v'7,fr 48*4' *48*4 1% 1% 17%- 17% v 101 104 % -1.06 A ,108# , $ the Dec. 5 J09*4 109*4 *108% 103*4 *109 -.109*4 7% 7% 7% 7% 6% ] 7*4 71.) *105*4 107 *105% 107*104 ' 105*2 10534 106 ' «%' 6*1 6% r ffs4 6% 6*4 f'; *6% A 7 741 '*71% 741 *7112 *71% 74% *71% 74*2 *58%. 611 *58% 62% *58% 62i2 *58% 62% •' 107 *6)4... 6?k ■•v 6i».67« *71# 74 ■ *71%: -74 :*53# 62# 1*53)2 62% ' 80 16# ,? per share 48- •• ■ ;*7%"-»7:)4 *105*4 106# *106 7# t 18 S Per share '12# J2I4 ,£l2 *'12% 12 11*4 *107 ,' 1097k ♦1087k 1097K *108% 109% j * -95# 102 - J -3 41 STOCKS t NEW Friday Dec. 4 ■ ' *28# 'a Off# 104# 103# *107# 0 1# 1 ' 14%'.14% ' "72# 88 108# 112# 109 112# 102# 107# 26 •?. 98 * 4 17# "i 3# 47 96 % 144), ;1097j 1097k *1()9%111 IS 7)1 HI,! 18)4" i8i+ *7 7# *7% ,' 7*4 *30*4' 31# 30% 30% #. 2#' 6# 17# < : 162 112# m# 107# , . :J06# - Duquesne Light 1st M 1# 1# 13# 7# ; .5# D .1995 J 1) ♦Second gold 4s > Detroit Term <fc Tunnel 4 #8.■ .1961 UN .1950 M S Dow Chemical deb 2 '4ft. .. 98 );97«; .;9% ■Thursday Dec. 3 .!:••• 17«4, G 108# ? 7# 17# • 14 88 no# I) 2R6 .. . *82 112 S .-1970 J -——- - . O Cien & rof mtce 3 #s fier (5... 1 !)60 M n i'i&P- S .11965 A 13# 13# ;i2#; A'. -1% Wednesday ■Dec. 2 "-47 • 12# !*X v 3 v 105 *106 J JiDenvARO WSa-58—Aug 1066 F-.A * ♦Assorted ffmbj to plan) .4. v.A l.v *Jfte{ & impt 5s Set B. .Apf 1978 40 i4*Des M & Ft Dortce 4» ctrs.. 11935 f I: ' 108 10 ; *9»4 *14'l J - ; "46# "57# 196 55# •' J {$?Den&RG lstco'is«48... .1936 7 J .1936 JT J §*Consol gold . :my», 103#.109.^ .1969 ./ . 1st mortgage 4.#s. -'—- "."55 MN .16 t pet share 47 ••; 47: '48b ' £ Dec. I Ah l?4 17 17«« ; 1714 *93 •'/^98; *03 4 • . ><et share 48(4 ./ Tuesday ' ni0)l\ : D Dayton P &,L 1st mtee 3s... .1970 Daytah Union Ry 3 lis ser B-". 11905 Del & Hudson 1st &"rcf4Bu-'-. .1943 1X9 Power ifeUltjht 1st 4 #8 "i1. .1979 .1969 lst&ref 4#a.>. Sales for Jan. F i Railroad HALE FRIGES HNmH Since- Asked u* 12% Mar; Apr' Jan I Decj Janj Nov! Aprs 55 Janj 120 Jan; 64% Jsiu , i :;>>>\ '>>''•'ri'-r • ;>>•? PRICES Saturday IVov. 29 Monday Tuesday Wednesday Dec. 1 Dec. 2 Dec. 3 10 10% 10% 10% 6% lOM 6% 10 6% 6% *22% 2212 23% 13% 22% 13 13% 13% 23% 14 8*8 *8% 8% 21% *8% 8% 13 8r»« : 2I34 31l2 31% iO 16U 21% 114 25M 31% 16 *16 105 105 152 150% 150% 3% 3 152 3 *8 3% 2% 7 7 7% 7% 2% 2% 2% 17% 9% H4 17% 17% 177g 18% 18% *8% 10 *87g ,10 *87g 19 *17 19 *17 i 1% 26% 25% 16% 16% *16% % _'■>> % 17 *16% *1., *% 9% 9% 52 16 26% 16% 17% i.» 52 1 % 9% 9% 52% 52% *52 78% 78' 79% 8034 80 77% 77% 777g 2% 2% *2% 2% *2% 2% *2% 1% 1% 42% 1% 1% i% 1% *41% 42% 1% *41% 15 *13% 15 2% *40 44 #12% 15 42% *13% 20% 20% *24 *46% 24% *24 46% 46 1% *1 23% 7% 23% *6 53% 52% 25 1 1 1% Park Utah 24 25 26% 26% 26% 1,400 Patino Mines & *6% *42% 9% 9% 77% 1% 2,400 200 Perm 73 7 *6% 72 *63% *2 3 47 47 15 15% 34 44% *46% 14% 15 14% *4 41) 32 32% 6% 671) 33% 5% 5% 66% 66% *9% .... 4% 6% 61 34% 72% 71 l% *8% 4% *11% 28 28 54 54 33 67 67 9% 4% 11% 4% 11% 8% 8 8% 8% *8% 53% 87% 9 29 *28 28% *115 86% 16 16% 18% 4% *18 19% 12% 12% 8 8 12% 7% *8% 9 8% 28% 54 54 *115 28% 28% 55 54 22% 227g 11% 107 107 *106% 109 94 94 94% 94% 10% 10% *10% 10% 11 11% 107g *106% 108% *93% 94 10% 22 22 10% 11 14 14% 87% 7% 8% 5,900 12% 7% 8% 2,700 800 53% 54% 5,800 119% 1193.) 40 5% pf (ser of Feb 30,400 13% 14 8684 87% 2,300 102% 102% 300 100% 100% 113% 113% 114% 114% 127% 128»i 700 128% 128% 300 114 114 117 190 94% 94% 10% 10®a 21% 22% 11% 11% 11% 108 1067g 107% *105 94 94% 94% 94% 10% 10% 103g 10% 11 *10 107% 107% 22% 11 227« Pub Serv Corp of N 85 preferred Pullman Inc 20,800 Pure OH (The). 1,000 1,700 6% preferred- 11 Jan 16% May 57 Dec }64 -MkPSl 1% July 25 7 50%May 1 13% Dec 15 Nov 19 110 97 Nov 123% Jan l5 No par No par .100 5% conv preferred.....100 Purity Bakeries--.-—iNe par Jan 20% Dec 5% Maiy 4% Ool 6% May June 71»4 Apr 118% Jan Dec May 115% Jan 128 Apr Juue 145 Mar May 165 Apr Oct 118 Jan 137 4 6 1581.1 Feb 11 143 3 117% Oct 114% 83% Feb 15 9%May 2 16% May 11 *10 11% *10% *1.0 11 Quaker State Oil Ref 11 *10 Corp.. 10 8% Apr Lautaro Nitrate Co 3% 54 2% 2% 3% 3 3 3% 3% 3% 54 54% *54% 55% 54% 55% 2% 2% 2% 2% 2% 21.) 3% 5178 27g 46% 3% 3% Radio Corp of Arner.—No par 1,900 53.50 conv 1st pref..No par Radio-Keith-Orpheum. _ .••—. 1 2% 3 12,900 47 400 46 46 *44% 47 *46 47 46% 461 14% 14% 10% *17% 18% 18 18 18 18% 17% 1,100 11 11% 10% 11% 11 11% 11% 11% 11% lf% 2,800 25 25 25 25 10% 13% 13% 25 25 22 *21% 2% *2 24% 24% 24% 14 *24% *21% 22% *22 14% 25% 22% 14% 25% 11% 26% 22% *1% 46 48 48 24% 13% 24% 13% *24% *24 25 *24 2% *1% *44 46 2% 45% 15% 25% 22% 15 15% 8% *14% *8 8 8 8 *10% 12% 11% 111', *10% *11% 10 10% 3 0 10% 10% 12 10% 63 47% 1% 1 % 15% 16 16 8% *8 *61'4 *61 63 *45% 47% 46% 1 1 1 17% 17% 100% 100% *82 83% 6 6 21 21 17% *61% *45% 17% *20% '122 72 21% 80% 78% 5% *5% 6 24% 24% 24% 25 52 50 51 *50 • 9% 9% 7% 7% 7% 3% 3% 3% 20% *10 10% *43 44 *% 20% 10% *43% % *% *20 21% 9% 9% 78% 79% *5% 6 24% 25 51% 10% *7% 3% 10% 10% *3% 10% 6% 5% *50 10% 7% *19% 17% 124% 124% *122 72 *71% 73 5% 78 17% 5% 9% 80 9% 1 *62% *4534 17% 10% 8% 500 22 7g *22% 2 100 44 44 260 15 14% 14% ♦15g *1% 2 8% *8 *11% *62 6 J34. 62% 471 1% *45% 47 1% *45% 12434 125 73 73 9% 79% 9% 80% 5«4 584 2434 25% 50 50 10% 10% 8% 8% 10% 1% *1834 20% 10 10% 10 43% 43% *43% *% % 1 19% 10% 44 » *11% 12 10% 10% 1% 20 47 5,400 610 600 3,600 Reynolds Metals Co—No par 510 1,090 10 *4334 *% 25% 25% 25% 46,900 51% 51 51 ■; 10 *3% 10 8% 1,700 3 2,300 *7% 10% 3 18% 10 *4384 44 3g *% ••■Class 480 6 r Brass.....5 A.>.:—.-.i.lO Revere Copper & 3,600 80 3% Republic Steel Corp.—No par 6% conv preferred — 100 6% conv prior pref ser A. 100 9% 6 8% 80 800 5 M% conv preferred 100 Reynolds Spring..——.v_ . 1 Reynolds (R J) Tob class B. 10 Common——— ——. 10 Richfield Oil Corp No par Rltter Dental Mfg No par Roan Antelope Copper Mines. 18% 800 Ruberoid Co (The)..—No par 10% 2,800 Rustless Iron & Steel Corp... 1 10 44 % 9% Apr 30 52.50 conv preferred.No par ^Rutland RR 7% pref 34 Apr 10 / Reo Motors v 10.—-Vf 75% 80 19% Preferred with 7% preferred„ .. 100 514% preferred... —... 100 6% 1834 6% Mar 26 ......lo 7% Apr 21 80% xS 9 22% Mar 12 7 Apr 22 57% May 23 45 Nov 14 80% z'3% 100 Preferred Jan 1% Apr 5 Real Silk Hosiery... - warrants..25 Rensselaer & Sara RR Co.. 100 9 25% 21 8 7 Remington-Rand.. —...—>. 1 9% *50 23% Jan 100 9% 6 50 50 3,800 400 75% Company.....—.50 4% 1st preferred 4% 2d preferred... Reliance Mfg Co 460 76 Reading 100 126" 126" 75 1 17% Oct 17 10% Dec 29 23% Jan 8 12% Feb 14 300 18,900 125" 127" 9 2% Dec Raybestos Manhattan.No par Rayonier Inc —.......—; _ 1 S3 preferred -. _ -i—...—25 8 1% 47%June 38% Mar 14 12 10% 62% Nov 13 3 100 6% conv preferred Reis (Robt) & Co 1st pref. -100 Reliable Stores Corp— .No par 80 17% 17% 217% 17% 10U? 100%100% *100 81% 813.) *81% 82 6 6% 61.) 6% 3 44 8 8 12 10% 623.) 21% 21% 300 15% 6% 20% 10% '2 2.200 26% 23 42 3% 20% 14% *25% 15 18 6 14 27 14% 14 *2534 22% 900 42 lOO'i 100% *100% 101% *100% 101% 82 *82 84% 82% *82 84% 5% 124% 125 72 72 63 46% 1% 10% 1734 44 1% 1% 44 17% 1402. 67 100 16% Feb 14 Aug 16 96 79 Nov 12 ♦1st mtge income reg 1975 1954 • 6s stamped—,<1044 .......1954 1st & ref s f 5s. '%>:• 5s stain ped.;.... 97 60 5 Nov 12 2Ug Nov 27 50 Oct 27 7% Feb 14 6 Apr 15 3 Dec 3 1 9% Feb 15 1434May 42 Nov 18 %Nov 25 Deo Apr 27 Oct 23 Jau 43g Feb Dee 55 Mar 13 Jan 6 101% Feb 10 87 Jan 13 129 1 Deo June Apr 21 Apr 17 Atir 3% 43% 6 Jan 8% Nov 27 69 25 24 78% Dec 7% Apr Nov 28 3 2 May 6 13734 June 50 May 1 May A F 17% July 30% Apr 80% Sept 24 8% May 15% July 28 July 1 75% Mai 6 6% May 7 12% Aug 26 9% Jan 27 5% Jan 16 21 77 M 88 83 M 81M Nov 24 14% Aug 22 48% Jan 14 1 Aug 2 52 117 74% 3% 12% 45% % 108M 106 M 108M 107M 1M 1M 'r» » H 1M 4 15% 4sstamped 40 38 ±1 f- 4 Ms stamped modified.. .2003 2003 ..2003 .. 4 Ms registered— 5s stamped modified..... Leh Val Term Ry ext 5s 89 M 82 96 87 H 95 83- 91M 5s debenture... Lou & Jeff Bridge Co gu 28 36 69 M 06 M ■> 2 36 M 69 68 M 4 37 M 73 M 35 61 1 59 % 10 35M 67 ; 1 59 . 32 (10 59 M 19 33 44 M 43 M' 44 M 32 43 49 a 48 M 49 M 52 43 •' 171 m 29 26 H 30 10 121 1 1952 SJ': 10 M 14M 34 M 31 Mi 17M 36M> 20 33 M 19 M 39 48 M 52 M 58 M; 120 117M 115 106 106 104M 107M tmi 116 M 115M 123 126 M 124 131 95 103 126 H 126 M 101 < 102 ■ *105 F A J b .1 O F A J J 1945 M 117 M U7M UN 1960 M M 51 52 : 69 68 M 74 A O 69 M 69 32 M O ' 100 80 27 H 1961 A. .1969 4s 88M 27 H A Louisville Gas & Elec 3 Ms 93 95 , 28 3Ms.......1946 Louisiana & Ark 1st 5s ser 79 M 76 M '=..18 95 30 ♦Long Dock Co 3 Ms ext to—- .1950 M S Long Island unified 4s........ 1949 Guar ref gold 4s. 1949 M S 4s stamped 1949 M S Lorillaxd (P) Co deb 7s_. 1944 A O 5s debenture 40 60 M .-> 32 M 1951 1965 .. 25M 62 M '2 71 M 20 H 1962 ♦Lombard Elec 7s series A.. 83 33 71M J/N 102M 105 102 M 12 102 h 103 103 103 M 96 96 96 mi 96 96 96 M 94 M 96 M 96 96 M 94 M 115M 125 M 81 81 M M 107 M S 12 30 M 103H 98 M 99 M 99 M 116 115M 122M 126 123 128 81 88 82 106M 111 107 M 107M 109M *107 M 1/ S 12 93 Louisville & Nashville RR— ...2003 A 1st & ref 4 Ms series C 2003 A 1st <& ref 4s series D ..2003 A 1st & ref 3Ms series E..... .2003 A J Uaif mtge 3Ms ser A ext.—.1950 Unit mtge 4s ser B ext 1960 J 1st & ref 5s series B Paducah & Mem Div 4s St Louis Div 2d gold 3s ♦Lower Aust Hydro El O 87 M O 96 M 83 M 84 M J 105 M 104 M 109M 106M 1955 6Ms—.1944 M J 84 M 88 108M 112 ,S J 33 88 M 83 M i 90 108M 111 M N F - 91M 1946 F A 1980 MS 4s A M ■iff: Maine Central RR 4s ser ' 1945 J A Gen mtge 4M» series A...... 1960 Manila RR 94M 101 96 M O 105M 4Ms——1945 Joint monon 4s 1952 Atl Knox & Cine Div 100M 105M 103 103 Mob & Montg 1st g South Ry O J ft — 50 44 M 1941 J {♦Market St Ry 7s sec A—Apr (Stamped mod) ext 5s 74 M 26 47 53 M 40 M 50 89 81M 87 M 70 44 70 25 36 M *50 *27 J *96 M *73 "74M 1945 A O M S Apr Mead Corp 1st mtge 1,03. 21 50 44 ♦75 1940 4M«—-—1955 D—1968 Metrop Wat Sew & D 5 Ms 1950 ^{♦Met W Side El (Chic) 4s...1938 . 96 M Feb Metrop Ed 1st 4Msseries 8114 47M 81 81M M N (South Lines) 4s... 1959 J§4Man G B & N W 1st 3Ms1947 Marion Steam Shovel s f 6s 12 1% Feb, 50 90 89 84 M M N 22% 48% Nov 84 M 59 M ''-&< 4sregistered...w.i..u.2003 McCrory Stores deb 3M 1955 J McKesson & Robhlus 3Ms....1956 Jan 89 89 75 M ~ 28 M modified.......2003 J/N 9% Nov 7% 57 M 95 H l/ehigh Valley RR 1953 A1 S 15% Nov 5 82 M 59 f—.Feb 1 Oct 99 M 56M 74 M *59 Lt s f 5s May 82 M 84 M 84 75 84 M .•ii... Manatl Sugar 4s s 96% Apr 11% Nov w 138 97 79 M 84 M 101 94 98 M... 96 79 M -r- 68 M Manila Elec RR & 56 Dec Oct Dec 100 M I02M 105M Dec Feb 44 Aug 86 170 104 M Nov Dec 11% May 92 M 161 103 M 1957 MN May 5% May 434 May S3 1*07 Stamped 30% 109M MOM 30 M 30 M 95 stamped— 97% Deo 7% May May Jan Apr Jan Juue 53% Jan 13 Jan 2 1414 39 34% 69 10634 Sept 70 10% Jan Feb Jan 63% Deo 10% May May 18M 103M * j-1964 FA 1964 1974 F A 5s statu |Mid—. —1974 Leh Val Harbor Term gu 5s...1954 F A Lehigh Valley N Y 4 Ms ext... 1950 J J .,08 13% 70% May 14 Sept 24 95 884 Nov 24% Nov 60 75M 107M 109M *92 1st & ref s f 6s..— 15% Feb 2% Sept 17 Nov 18 6% May 8 Aug M 107 -1954 . O 29% May 37% May 17% Apr 9% July 16 7 10i«Nov 19 67% Jan 23 61 Apr 7 2 July 30 48M 69 66 *98 IstAc ref a f Feb 15% May 12% Jan 62M 14 83 69 M A 1% May 18 22 • 40 M 74 M A 15% 13% May 63 Ami 32 103 M J F 9% May 95 M 32 H 107 Dec J —.......1951 1952 19«4 June 17 May 88 11 107 4Ms ser C—1954 J J A U Lehigh & New Eng RR 4s A-1965 Lehigh & N Y 1st gu g 4s. 1945 M ,S Lehigh Valley Coal Co— J May M ,• O June 99 M 83 88 M A 24 6 10 82 M J 4 18% July 25 27% Aug 12 24 Jan 13 29-% Aug Jan May 34 58 95 M 107M ► Llbby McNeil & Libby 4s.—1955 Liggett & Myers Tobacco 7s... 1944 18% July 28 21% July 25 11 ■fi Cons sink fund Jan 23 1 5% Dec 17 384 Jan- 2 55% Oct 22-% Jan 109M ♦96 M 11% May 4% May 48% May 2% Nov 48 40 *165 Lion Oil Ref conv deb 4 Ms 4% Jan 62% Jan 16 69 109 83 M 97% May 89 May 9% Sept , 6314 ' *3114 Oct June 9 32% Ltd— For footnotes see page For footnotes see page 62 M — 48,300 *46% 17% 3 46% 3% 54%, 55% 54% 02 M 69 1997 Lehigh Coal & Nav s f 4 Ms A.. . 3 41 3 Ms —1997 ,.;;• 3Ms registered — R 53% 42 40 M ♦110M June 73% May 12% July 16 1 41H 41 1959 Little Miami gen 4s ser A 11 90 41M to..—...1947 Lake 8h & Mich Son g Loew's Inc s f deb *10% 40 M 98 H 90 M 50 53 1M 32M M 18 M Lex & East. 1st' 50-yr 5s gu 6% 84 12% Oct 24 43% Apr 110% May 107% Nov 21 21%Nov 12 : 7 Feb 14 294 Mar 7 Jan 53 123% Nov Dec 14% 45% Nov 112% May 126 114 14% Jan May 100 2 29% July 22 11% Dec 107% Dec 95% Aug 12% Jau 8 July 21 28% Jan 11 84 —100 May Feb 6% May 9 ....No par Jan 98 109 M J 1960 6s series A..........1942 6s series B 1942 5sextended at 3% 1% Mar 22'4 12% 2 29% Jan 1 48 M 98 95 Lake Erie & Western RII—t ' 13% Oct 2 13% Jan 13% Jan 6 40% Jan 2 61%Sept 9 120 July 24 June 14 Feb % July 28 Jan Ma. 151% July 8% Jan 10 Nov 13 115 pf $5 JVC par Jan May 6 7 8% 4% May 6 3 25 J..No par — — June Mar 31 8-g Nov 17 No par Coll tr 9% Feb 19 678 Nov 18 100 ...100 Pub Ser El St Gas 167 Coll tr Deo 73% Dec 16% Apr 151% July 17 48 M *89 Coll & ref 5Ms series 1) 16% Nov May 178 Oct 41% Nov 21 13 {♦Laclede Gas Lt ref & ext 5s.1939 Ref & ext mtge 5s 1942 Coll & ref 5^8 series C 1953 154 May 4% Feb 14 1'29).100 6% preferred 7% preferred 8% preferred 20,800 600 — May ■ ..50 85% 13% Nov 154 May 4% Nov 12 — 5% conv 2d pref Procter <fc Gamble— 500 Dec 19 14% Apr 21 16 June 5 M 4 J^s 9% Nov 10 Oct 16 »isMay class B.1...No par Festal Teleg Inc pref—No par Pressed Steel Car Co Inc.. 1 5% conv 1st pref...i —5 28 46% 43%' Jan 8 May 51 Poor & Co 28 28% 87 2,400 May 5% May 64'4 May 6 Jan Apr •75% Jan 8 15 July 15 27 M 76 M 83M 30 M Feb 16 f 9% Jan 10 65 Feb 28% Nov 8 7% Jan 5% Nov 25 45% Feb 14 6% 66 "7% ■ Pond Creek Pocahontas No par 200 4% 121 Oct Feb t*Kreuger & Toll 5s ctfs— Jan May 2 Jan 181 D«0 41% 734 Jan "3% «•% jan '8i Jan 30 484 Apr 26 —5 Plymouth Oil Co... 2,800 19% 434 55% 119% *114 114 15% *18 47g 12% 8% 8% 4% 119% *115 114 114 1% 16% 118 22% 21% 10% 10% 13% 88 100 114% 114% 22% 21% 10% 137g 87 *99 Plttston Co (The).....No par 1% I 104 1,100 434 3% July 29 52 July 15 166 49 97% May 3% May 30 27% May 2% May 36 May 22 May 46% Jan 295 93 — July 31 15. Apr unguaranteed.........1961 Kings County El L & P 6b..— 1997 Kings Co Lighting 1st 5s...... 1954 1st & ref 6t*s_ —.1054 Koppers Co 1st mtge 3^8- - — 1961 Kresge Foundation 3% notes.. 1950 3 July 29 7% pf.100 10 400 Pit Youngs AshtRy 14% Nov 8% Nov 21 10 1% 16 11% Dec 68 May . 8 249 1961 12% Jau 10 89% Sept 17 23% Jan 11 109% Oct 9 7»4 Jan 2 13 37 40M 50M 51M 71 102 M 105: 101M 105M 39 ' 99M Kentucky Central gold 4s.....1987 Kentucky & Ind Term 4 Vfi 1961 Plain—i--.....—. .1961 46 Aug 19 5 Feb Jan 4 9 4% Dec 4 18 8 24 45M 48M Apr 10% Jau Aug 8M 39 98M w w stmp (par $645).. 1943 •CtfS f t stmp (par $925)..1943 M iV •Ctfs with warr (par $925)..1943 87% Dec 9 1M 18M M 40 168 ♦Ctfs 47 77 Mar 1960 J 4s 40% _ 92 (Rudolph) Inc— June 5l%May 23 174 Karstadt 70 110% Dec 41 46 M City Sou 1st gold 3s 1—1950 AO J Ref & impt 5s Apr 1950 J 37% May 2 101M 97M 103 8 19 99 M Kan 8% Nov Dec 3534 Feb 20 2 Oct 22 163 O 47% July 14 July 21 35% Jan Apr 22 O A S tain ))ed.................. >91 Mar 28 May 6% May 25% June 238% Feb 14 .No par 10 18% 24 6% Dec .2 6684 Dec 3 590 1% 15 Feb 20 4 Kansas City Term 1st 27% Oct 7% Apr 30 1,450 Nov ' Jan 21 5 1990 t8*K C Ft S & M Ry ref g 4s. 1036 4% Jau 30% July 11 14-% Dec 109% Oot 69 *164 43 Apr 4%May 32 .... May ligJune 534 J 98 105 M 49 M D 3 11 M •Certificates of deposit Dec 105 68 490 May 8%May 17 72% Feb 4 32 1,700 Nov 13% Pittsburgh Forgings Co -. . 1 Pitts Ft Way & Chic Ry Co 100 4,600 15 23 1 4 —- *!»0 J 28 M 106M 10? M 102M 107M K 4634 79 .25 — Aug 22 Sept 18 7% Jan 23 104 104M S J Nov 54 May 19 101M 1959 Kanawha <fe Mich 1st gu g 4s.. 29% Apr 25%May .100 **i6~May "25% 25 40% Feb 18 32% 68 16 120 53% 54 120 13% *112% 114% $5 conv preferred. 50 300 9 9 I)eo 11% May Pitts Coke & iron Corp.No par 2,600 Feb 16% Jan 5% May 17% May 6 7% preferred 100 PittsScrew&Bolt—.—No par Pittsburgh Steel Co...No par 7% pref class B 100 5% pref class A ....100 5M% 1st ser conv prpf.100 Pittsburgh & West Va 100 10 13% 14% 13% 86% 86% 86% 100% 99% 99% *100 *99 100% 114 114 109% 1091? 110% 110% *110% 112 *126 130 *128 129% 12884 130 *126 130 13% 87% *66% 9 *164 167 »ns 1% 15% 18% 15% *18 8% >28*4 13% 67% 9 32% *07% 10% *9% *164 .. 8 120 *119% 120 ♦32 71 *1 15% 18% 4% 12 15% 8% 9 7% 36 65 *165 *17% 4% 12% 4% *11% 32% 9% 10% *9% *165 18% 67% 800 *8% *8% 8% *164 174 *164 174 174 *164 ♦164 174 177% 177% *175 *175 177% *175 484 .4% 47g 4% 5 4% *4% "4% 4% *6% 5% 5% 5% 57g 5% 5% 6% 6% *50 GO *58 53% 581 68 60% 63 62% 32% 16 15% 6% T,i66 4 46% 934 June 23 25% Apr 17 Co.-100 Pittsburgh Coal of Pa 100 6% preferred...——. .100 174 1% *1 *17% 6% 6 8% 8% 8% *164 — 70 33% 1% May 1134 May 6 21 Pitts C C & St L RR 33% 33% —. 2 38 100M 3tis—1961 Jones & Laughlin Steel Jan 1 > S James Frankl & Clear 1st 4s.; 4% 2% Aug *27 101 .1/ 10% May Jan 96% May 1% May 1 4 106 100'9n; 103 M , 78 15M 101 16 51 48 33 ; C8M 1 105M J 62% 8 5 — Pillsbury Flour Mills 2,100 118 111% *100 4l-> 4% 4% 4% *100 67% 6% 60 32% 71% 10% 15% 118 June May 10 No par >Preferred—a 10 52 15 Dec 71 334; Aug 20 3% Jan 16 *108M M f*Iowa Cent Ry 1st & ref 4s —1951 Apr 37 M 9 2% Mar ll%May ....100 Phoenix Hosiery... 3 *46% 2% Nov 40 M 127 S 100M 103M 60 223 O 15 65 55 23% Nov 43 52% July 16 17% Aug 20 2 Debentures 5s—— i High 57 ' O 1972 J/N 1947 F A 4^8-1952 J J ...1955 F A 1st lien & ref 0 lis Int Telep & Teleg deb g 60% July Corp......—25 7% preferred. Phillips Petroleum 60 18,900 89% Sept 23 M 23 M J Int Rys Cent Amer 1st 5s B Feb 17 Phillips Jones Corp——Aro par 7 *100 5»o 6% 49 15 200 45% *2 3 *2 3 49 3,200 3 4 70 M J A 1947 .1955 Paper 5s ser A & B Ref s i es series A.. 11% Deo s4 May 5% June , 10% July 28 — *6M A Nov 421.) Feb 15 20% Feb 14 5 pref—.50 56 preferred ...No par Philco Corp 3 Philip Morris & Co Ltd 10 Preferred 4 M% series... 100 Internat Deo 10% 99 44% 54% Sept 6% Nov Deo 105% May 64 29% Dec 13% May 2 1 Apr §*Int Merc Marines 16s„ 4% May ; 20% Jan 6 1 Jan ' 4 July Internat Hydro El deb 6s 30% Jan 10 Nov 28 22 Jan 18 25% Apr 1 1 6% May 20% Nov 29 21 Feb 14 368.) Jan June 15 May 1% May 112% Mar Philadelphia Co 6% 1,500 Jan 11 •1st 5s series B 10 45% 26%June 99 Sept Jan 10 July 30 No par — Phelps-Dodge 60 71 71 HKPHjj 109 Pfeiffer Brewing Co...rVo par 200 110 ■45 o Jan 30 100 Petroleum Corp of Amcr 22,400 9% 79 9% *78% Pet Milk Co. 600 83 110 25 M 1941 12 .50 5% preferred. 6,500 900 > 42% 83 70 45% *46% *66% 59% 26% *42 6% 3*6% *6% 6 31% 83 45 68 4% 83 70 *5% 4% if. 27% 42% 6% *66% 9 42% 72% 6 174 *165 6% 26% 43% 82% 68 *8% *173 6% 6% 26% 5I0 *5% 68 27 6% 6% 33 33 1,320 *26% a?3% 4»» 4% 34% 770 26% 6% *2 118 *100 41 4% *32% 4% *32% 118 *100 118 4% 15% *15 54% 20% 44% 3 52 15 54 26% 6% 44% *2 *47 500 7 54 26% o 26 6% Jan % May Jan 21 3 1% Nov 14 34% Apr 23 tPeoria& Eastern Ry Co. .100 Pepsi-Cola Co—..— — —-1 Pere Marquette Ry Co 100 5% prior preferred. . 100 100 22,100 6% 6% 27% -1944 24 Jan Oct 30 Jan 7 4 74% Feb 20 1% Feb 15 Peoples Drugstores Inc.. ...5 Peoples G L & C C (Chic).100 400 25 *6% 15M 14% Dec 2 % Dec -.100 Pennsylvania RR 1,000 26% *68% 3 15 7 14M 18 6% Apr 21 Penn-Dlxie Cement...No par 87 conv prefser A...No par Penn G1 Sand Corp No iter 26% 9% 9% 9% 9% 79 79% 78 79 110% 110% 110% *110 73 44% 46% 1% 26% *80l-» 52 *2 *164 44% 437g 44 43% *46% 23 46% 6% *6 *6 *65 07g *6 9% 9% 23 47 261- 26% 43% 831.) 9% 78% 831.) 241 7 54 ♦1st g 5s series C.........1956 J May 12 115% Dec 43% Mar C) Co.. Cpal & Coke Corp....10 5% preferred 25% ■/: 6% 77% 78% 110% 110% *108 110% *108 *66 43% 84 *81 77% 9% 77% 26% 43% 261.) 84% *81 6% 26% *42% 6% 24% 1H 15 M 4 3 Oct 16 16 ..No par No par Penney (J 4,700 30,800 *84 1M 13 M 16 % Dec 9 l% Nov 25 25%May 29 Enterprises.10 Penick & Ford...... 900 20% 243.) 1M 13 M 37% 14% Apr ..1 Consol Mines....1 1,800 20% 1% 15 J 106 1 Feb 9%May 27 1" 13% 25% J O .....1956 7% 27g June 17g July 29 95% Feb 14 Parker Rust 100 *1 54% 64 26% 6% 6% 27% 6% 6% 6% 6% 26% 431 *42% 53% 46% . May 31 10 Parke Davis & 7,200 *110 *23 24% 24% 25% 7% e-7,-' 24% 7% 26% 6I4 9 47% 23% 24% *6 6% ♦100 *46% 26 26% • 20% *24 47 54 'v 54% 27 26 6% *108 24% Nov 19 99 Park & Tilford Ino 200 20% 20% '25 preferred—.... 100 Inc 1 6% 1st preferred—. — 100 6% 2d preferred. 10 4 % conv Paramount Pictures 43 *110 20% 3*1-5 1% *52% *26 20% , *24 23% 20% 20% *457g 24% 47% 21" t*Int~Grt Nor 1st 6s ser A 1952 •Adjustment 6s ser A...July 1952 10 9% 54 80% 2% 13% 101 23,100 Co No par Proof Co 2.50 Purmelee Trans port' n ..No par 1% 1434 *13% 15 *13% *110 *110 *110 *110 42% *41% O 4 1,700 *41% 1947 19% Dec 8,400 2% 1% 44 I nterlake Iron eonv deb 4s Apr 21 * l%j 1% 1952 10 13»4 9% Inspiration Cons Copper 4s Jan Airways Corp.5 Pan-Amer Petrol & Trangp Panhandle Prod & Ref—.7* Paraffine Cos Inc .....No par 900 15.11 % 9io Aug 15 Deo 16% Pan American 900 52% Mar 160 4% Mar 25% Apr 3,100 *% 9% 139 8% Nov 42",ii66 42M 39 15 70 % 23 M , May Mav Ool TiFS?lI 37 M June 2% May 100 42 37 H 8 5i2 3,000 42 M D 144 4% Jan 10 2% Nov 26 5% Feb 18 D 115 1 17% 5 llo 8 *53 M 8 8 163 6 1% 26% 9% Jan 3% Jan 1634 52% Apr 984 Aug 1% 26% ; Apr 50 Nov 29 1734 1% 26 *17"g 14 34% May 33 2 26% 1% 1% 1% 26% 934 May 25% May No par '*i7"53l9>: 19 *17 Feb Jan Corp..,1 Corp...10 114% 13% 12% Pacific Western Oil 15% 112 14% Jan 23% May *56 M Ill Cent and Chic St L & N O— 6»4 May 3% May 2 8 No. Low Jan 27 Jan 1984 Aug 126 Apr Jan. 1 95 59 M 65 Joint,1st ref 5s series A 1963 1st & ref 4 Hs series C 1963 *llseder Steel Corp Gs,i„._ —1948 F Ind 111 & Iowa 1st g4s-,-. ....1950 J t*Ind & Louisville Istgu 4s._..1956 J Ind Union Rv 3 ^s series B— 1986 M Inland Steel 1st mtge 3s ser F.. 1961 .4 40 4 10% Q 03 6C High ..... . Since 1*1 Asked & Low (Crmi.) Springfield Dlv 1st g 3^s._. 1951 Western Lines 1st g 4s. 1951 F A 4s registered. 1951 . Packard Motor Car 25 147g 147% Apr Pacific Tin Consol'd 105 *95 preferred Dec 102 Bid Price J 3,500 36,000 2,700 10% 1% *2434 6% 200 7% Nov 7 8 15% Nov 21 11% Jan 28 287g Jan 24 21% Dec 2 31 Nov 12 11 Feb 19 100 100 Pacific Telep & Teleg 200 4% June 25% Nov 5 8% Dec (Cal).lO 25 Pacific Lt? Corp.——JVo par Pacific Mills No par 1,600 *9% . Pacific Gas & Electric 3,100 2% 18% 1% Pacific Finance Corp 700 2% xl7«4 No par —iV0 par 1st preferred 2d preferred. . 23,200 7% 10 Pacific Coast Co 660 Railroad & Indus. Cos. Range Friday's Illinois Central RR (Concluded)— $ per share 3 per share 12% Sept 15 7% Apr 9 1-% Apr 23 10 May 3 41.1 Apr 17 Fisheries Inc...5 Pacific Amer Range or Highest Lowest Highest S per share $ per share Week's Lost Sale & Week Ended Dec, 5 ; f Friday I? r N. Y. STOCK EXCHANGE Year 1940 . Lowest 300 3 3 16% 14 19 •*17' 32 115% 115% 14% 14% 3134 105 15% 16% 9% 52 77 767g 23.) '76% *2% 9% 9% 52 55 15% 1% 1% 25% 25% *95 26 1% 1*8 1% 115% 115% *17 •£ 19 26% 1% 26 14% ♦0% 25% 8% 22 .7% 7% 2% 19% 10% 1% 25% I8S4 105 *95 15% 16 114% 115 14% 14% 15% 114% 114% 14% % 26% 105 *95 6% 22% 1334 83g 22% 3 21.) 2% 19 10 1% 6t» 22% *13% 15% 1534 16 101% *103% 101% 152 151% 152 7% 1 25% *25 25% 105 15% 15% 15% 1141.) IUI4 *14 1414 1% 1% 1% 1% 25% *95 31% 15% 102 151 2% 2514 8% 2l% 105 152 14 8% 22 % 32% *13% 16% 16 105 2% 105 *95 6'g On Basis Par 1,903 1,1 0 10% 10'g 10% 6% 27g *6% 2 $ per share $ per share 23% • 24 3 7»4 2% 2% 71.) " 9% *150 Week Shares 10% 32 31% 105 105 Dec. 5 24 14 8% 22 31% 217g 21% 31% 18% 31% 16% *103% 105 152 152 EXCHANGE Friday 10% 7 8% 21% the Dec. 4 23% 13% NEW YORK STOCK Thursday 10% 6% ' 21% 17% 7 6% 23% for I $ per share $ per share $ per share 9 per share STOCKS BONDS Range far Previous 1 of 100-S5are Lots Range Since Jan. Sales . NEW YORK BOND RECORD RECORD NEW YORK STOCK LOW AND ///OR 5.4 LE Tuesday, December 9, 1941 CHRONICLE FINANCIAL THE COMMERCIAL & 4 1400 J Af S A O F A 73 97 88 M 97 86 80 74 M 74 M 105 105 *106 M 110 72 "Hi 4M 71M . 98 M 98 80 79 M 105 105M 105 103 10.5 109 105M 107 M 109 M 112M *105 M 110 M 16 82 — liOM 75 4M 54 3M 80 0M Volume 154 Number 4017 THE COMMERCIAL & FINANCIAL CHRONICLE NEW YORK BOND RECORD Friday BONDS N. Y. STOCK EXCHANGE ** v; Range Sal# I fc £ Ween Etidid Dec. 5 Bid Asked & Low *70 75 1952 VN *96 98 J 64 54 Michigan Consol Gas 4s 1963 M S {{♦Mid of N J 1st ext 5s {{♦Mil & No 1st ext 4 Ms 10754 1940 A J ♦Mil Spar & N W 1st ,/ J St Louis 5s ctfs.....l934 MN ♦1st & ref gold 4s 1949 M 8 ♦ltef & ext 50-yr 5s {§*M StP A-SS M {♦ 1st consol ser con g ' S♦ 1st A 1962 Q 4s lnt gu '3S J cony os gu as to int ♦1st & ref 6s series A 10 H J J J * 2854 ► - 5954 66 6 2654 3754 21 X 21% 1 8 8% 19 1)6 2 15 26)4 25 36 31 654 154 1054 54 2 v 128 1154 16 1054 354 1054 54 1 12 61 60)4 61 26 93 97 54 54 3154 "3154" 1962 32 54 9 2 54 2454 4054 40-year 4s series B 2554 1962 {Missouri Pacific RR Co— ♦1st & ref 5s series A —...1965 f A ♦1st & ref os series F ♦Certificates ♦1st A ref as . M 854 1978 MN ♦Certificates of deposit....... ♦Conv gold 54si 1949 ,'V/N ♦1st & ref g 5s series H ....1980 .4 O ♦Certificates of deposit 26 19 28 20 2914 2814 234 2754 437 27 27 U 2754 27 54 2854 137 27 54 5 *4'g 4378 44*,| 54 154 320 2754 2854 89 2754 224 26 54 2654 8654 27 86 54 *4754 A 54 20. 154 2954 29)4 19% 28% 19 28 79% 89 51 57 20 13 7 8754 49 54 *104 O 109)4 16*4 92 36 34 *110*2 + 110 11134 11154 107 107 54 hi 8054 110% 113% 102% 107% *14 *45 . 3854 38 54 34 . 1947 MN - 39 52 39 39 SI0 2»8 14*2 2*2 64*2 55 63*2 9*2 54% 5434 55 5% 534 57 26*2 327s 16*8 *358 384 18 16 1*8 *1 26'g *26 5*2 353, 10*8 35g 16 334 3*2 I534 Nash Chatt A St L 4s ser A...1978 f A Nat Dairy Prod 3%'s debs.....1960 J D Nat Distillers Prod 35{s1949 M S 1965 A O 39 54 39)4 35 11254 113 *113 113 18 18 : *1 11754 11754 37 43% 38 30 44 30% 77 12*4 12*4 18*8 13*8 984 978 95g IS4 17S *15*4 1584 19% 1934 ♦18 21 s8 *35*2 978 178 9*9 1 '8 15*4 15*4 19 18 21 21 •-'g 12*4 113.! 12 11*2 1134 12*8 16*4 ]67g 16 34 17 17- 345g 35*2 356s 3.5's 36% 1*8 , 35 34»8 34% 1*8 *3«8 12 *30 35 ♦1% 33s 1*8 334 1*4 32% 12 33g 3*4 3*4 20-68 295g 36% 58*2 45g "2OI2 20*2 29% *3558 29% 37*2 115 2 65% 66% 48 100% 106% 106% 57 103% 105% 104 6 106 106 11 ♦106% {•Naugatuck IUl 1stg4s..... 1954 A/N Newark Consul Gas cons 5s {♦New England RR v » *20 r8 "20*2 21 29*2 29*2 29*2 3534 *35 3534 ' *58 39 58*2 4*2 58*2 43.1 4*2 *119 V J 58 1952 1st gsAMsserics B...--...1961 A/N N J Junction RR guar 1st 4$...1986 f A N J Pow A Light 1st 454s..... 1900 A New Orl Great Nor 5s A......1983 J N O A N E 1st ref A Imp 4 54s A 1952 J New Orl Pub Ser 1st 5s ser A..1952 A 122 126% 126% 68% 108% * 108% 76% 76 . 102 10654 105)4 10154 10654 120 68 124 50 w-U . _ 1 64% 6554 64)4 4554 4*2 O 1954 AO ♦Certificates of deposit.. ♦1st 5sseries C ♦Certificates of deposit.♦1st 4 54s series D.... 1956 PA ..... 39% ♦Certificates of deposit.. ♦1st 5J4s series A .1954 AO ♦Certificates of deposit.- 26 68% 5 70 108% 76% 8 107 38 24*8 2314 24 2358 3034 31--»8 31*8 31 *2 44 44*2 44*8 401.4 40*4 443g 40*2 31*4 44*4 40l2 *33 35 *33*8 S5«8 43 44 *33*2 55-'*8 5*2 5*2 5*1 4*2 5*2 4*2 5*9 4*8 51« 434 4*8 56s 5*4 53S 5*8 56 40% 43% 40% 42% "42" 42% 41 43% 45 41%. 41% 80 82 68 76 30 15 -V - 48 *124*1 125*4 *124 126 *124 125 4-'*i 4*2 1412 14% : 1% 1®8 U>8 1334 16*8 1334 39)4 *438 23*8 434 233g ,,.4654 2()58 21 4 6 54 4&8 45 44)4 44 21 33 54 47)4 32 46 33-54 N Y Cent RR 4s series A J 1998 f A 10-year 3)4s sec s f... —...1946 .4 O Ref A Impt 4 54« series A 2013 A 0 "; Ref A impt 5s series C..—.2013 A O Conv secured 35.48..;......1952 A/N N Y Cent* Hud River35-48... 1997 3 54s registered1997 J 30-yr deb 4s 1912..........1942 J Lake Shore coll gold 3.54s... 1998 f J A 354s registered.. ...1998 f Mich Gent coll gold 3 548... .1998 f 3 Ms registered.. 1998 f ♦109 54 A • 110 69 \{ 52)4 9554 5254 9454, 9554 78 89% 96% 46 54 4654 51J4 4854 667 46% 52 54 625 51% 63% 69% 5154 53)4 192 515$ 67 5154 51)4 7754 , 100 7754 75)4 100 5754 57 A 54' *53 5354 54 50% 106 8i 76 67 7554 1 10054 68)4 """7 5354 71:: 31 54)4 V 57 5- 443.1 33*2* 34 1974 a Ref 4 54s series C 1978 M 8 1st mtge 354sextended to... 1947 6s debentures. i N Y Connecting RR A O 1950 J D 354s A.-.1965 N Y Dock 1st gold 4s... o A O 1951 FA Couv 5% notes............1947 AO N Y Edison 35»s ser D........ 1966 A 1st lien 74 54 62 54 68g 9*4 6 6 87% *41 *2'i 101% 57% 70 55 64% 53% 51% 65 *50 4Ss *34% 68 7454 6254 99 94 101 Purchase money gold 4s 1949 f 278 (♦NYA Greenwood Lake 5s..1946 MN N Y A Harlem gold 354s......2000 4 54s series B 90. . 9854 10254 55 66)4 76 76, 76 54 21 GO 78 12054 11454 110)4 20 11054 11054 2 120J4 11454 63)4 62 ' 10454 54" 53 56 J 12054 U554 1? 33 65 21 104 54 54 57 52 45 26*2 *.Tg *2 4">s 4534 39 v 7 12054 125H 113)4 118)4 69)4 100)4 105)4 49)4 67 53)4 59)4 92 *10054 Yiar 1940 Lowsi % ihare $ per Share 26 June 5% 5*3 5*8 36 5*8 36 16*4 33.4 16% *1 59 58% 5% 16 2734 33 800 2,600 90 36 15*2 15% 3*2 3% 15 zl4% *1 1% *263., 326g 105% *103 6.400 1,200 4,000 1% 2734 200 32% 1,200 10 105% *113 'J1. 340 - - 19*2 13% 2,400 17«4 9% 17% 9% 1% 15*4 15*4 15*2 21 21-% 21*4 135 *133*1 139% 1,300 56,700 *134 3,500 1734 9% 1% 600 800 11,000 150 7,000 * 434 *34*2 234 *4*2 43 7s 35i2 36*2 1% 14,300 *3% 3% 1,000 21*4 31% 37*2 58*2 434 45% 393.1 *20^ 2D4 ""900 32 13,700 0*2 55g 9% 534 5*4 *878 '<6% 568 96g 534 534 6*8 42 49 35 3*8 478 *4*2 *8^8 10**8 101 9*8 106g 2534 716 83H 105« . -9984) 9934 31»s 3778" ,4*8 1.1 ^8 *9 27 26*2 2534 *99% 3134 37 ?g 3178 383g 4 4*8 11*2 11*2 32 38 38*4 4*8 11% 4*8 11% *9 9*4 11'l 99'g 1078 9934 32*2 33 10 15ie 1 6534 6lg 65% 558 65*2 6512 65*2 6 *578 6% *11 13 11 11 8*8 *2268 23 : *1 *20 6 834 1*8 21 6*4 9*2 ' 1 23 1 193i 11 11 8*2 8*8 8-'»8 23 " 87g 37,900 41 33 33*2 2,700 300 57 56% 58 3,000 ' 20 "g 4% 4% 34 r 66g 6 6 6-*8 5% 4*2 5*2 5% 4*o 5% 5% 66% 5r8 £59% *124 1261 Superheater Co (The)..No par Superior Oil Corp 1 Superior Steel Corp.......100 Sutherland Paper Co. 10 2,500 Symington-Gould 4*2 34 2*8 8% 45% 2% 34% 6% 5% 8% 6*4 6*4 6*4 200 30 Swift & Co Corp Talcott lnc (James) 554% partie pref... Telautograph Corp 100 234 400 51% 4*2 2*0 Thompson (J R).._. *26 26 1,000 7ie *2 ; 938 9% 11 *4 99% 3334 11% 99% 34% 40% 41 4*4 12 11% 10*4 10 1 l%6 66*4 6*8 13 8% 23i4 1 1'8 20*2 6*8 • 7ie 6634 6*8 12*8 8% t--' 10 60 1,300 700 $3 div conv .... preferred Thompson Prods Inc..No Thompson-Starrett Co.No §3.50 cum $6 preferred .No par Truax-Traer Corp.....ATo par *19% 6 6 6 20 6*8 90 pref...—No par Timken Detroit Axle 10 Tlmken Roller Bearing .No par conv Truscon Steel Co .10 20th Cen Fox Film Corp No par $ 1.50 preferred. .No par Twin City Rapid Tran.No par 7% preferred 36 Dec 2*8 Jum 30 June 3 May 20 Jum 51*4 Jan 5*4 Jan Tide Water Associated Oil.. 10 ...100 4 Dec 1 9iaMay 15 678 Mar 25 78 Nov 28 62 4 July 3 Feb 19 9i2 Jau 30 5 May 23 l6t2May 20 1 Mar 25 16*2 Feb 20 3,400 Twin Coach Co. 1 6 Nov 29 4,700 Under Elliott Fisher Co No par Union Bag & Paper No par 30 Feb 14 Union Carbide & Carb.N© par Union El Co of Mo $5 pfNo par 60 Jan Jan 10 1 '4 Jan 18 18 Jan 9 lll2 Dec 4 35->8Sept 17*4 Jan 10?8 Aug 2 6 2 13 2 21 ;2 Jan 9 75 Jan 9 7*8 Sept 17 11*4 Aug 9 9*8 Sept 17 24 Dec 4 134July 31 27*2 Sept 9 9*8 Jan 13 Oct Dee 377s Dec 29 300 20-84 44i2Sept 25 43gSept 60*1 Sept 512 July 30 40 Aug 20 7 997s Dec 1,000 *19% 6*8 3*4 July 6 May 14 July 22 10"8 Jan 23 95*4 Aug) 9 27*2 Feb 19 preferred-No par 66-84 6% 8,200 4*4 May May 2*2 May 33 2078 May 34 Tri-Continentai Corp....... 1 1,100 4*8 May 28*2 May 27g Dec 4*8May 12, 3878 Sept 121 734 July 28 638 Aug 9 Aim 434 May 2434 Nov 13 ®8 Nov 13 8l2Nov 13 93s Mar 6 par 15,500 1,800 16*8 par Transamerica Corp 2 Transcont'l & West Air Inc..5 Transue & Williams St'l No par 834 20 May 3 May *17% May 234 1,700 1% 7*8 M»y 12*2 May 1*8 Oct 9*g May 4 2,400 23*2 4634 Aug 6 1 1*8 Jan 17 May 4*8 Jan 10 8% 1 Feb Dec A 534 May 3'2June 30 4% 11% 23 3 May 21 2 Aug 5*2 Nov 19 38*2 Aug 22 3-M Jan 16 938Sept 2 46 Nov 26 ; May 4*2 May 4 2i2 Apr 23 7,700 1% 4 30 40% 200 June 2io Mar 10 40 13 6 Be 25 6,200 5,600 Jan Nov 29 297g Jum ""^""May- 100 34 *11 24i2Sept 19 77s July 10 5'2May 19 32 4 700 6*8 4 • 9 334 Feb 18 8is Jan 4 1 11,000 66 Oct 2*2 Nov 25 38 11% 9% 4 34io Feb 19 .100 99% 34% $4,50 I8I4 July 31 8 SosMay 10 _.... 99% 11% 24 7ie 1,200 ._ Preferred Thermoid Co. £l 1% 4% 4*4 11% 6*8 85g 2358 *9 10 1 663,1 *11 7i« 4 os Jan 10 2*8 July 11 5 3D2 Apr 22 514 Mar 4 Third Avenue Ry 27 1738 Mar 4 Jan 2311 Jan 5*2 Aug 25 Texas Gulf Produc'g Co No par 7,700 \ Texas Gulf Sulphur..-No par 6,000 Texas Pacific Coal & Oil—.10 17,700 Texas Pacific Land Trust 1 1,000 Texas & Pacific Ry Go 100 41% 21 Feb Jan 25»4 May 1 May 8 May 834 May 81 18 May May 35*8 May 4*4 May 10*4 May 4i2 May 1*4 May 64 Aug 3*8 May 6*4 May 5 May May 1*8 May 1378 May 14 6*4 May tNYNewHavA Hart RE-r ♦Non conv deb 4s 1 1947 M S ♦Non-conv deb 3 Ms...—-—1947 M S ♦Non-conv deb 3 54s........ 1954 A O ♦Non-conv deb 4s 1955 J ♦Non-conv deb 4s 1956 A/N ♦Conv deb 3 54s 1956 J ♦Conv deb 6s 1948 — 6s registered J 1948 - O ♦Debenture 4s.J....._—...1957 MN of 1927...1967 /) {♦Harlem R APt Ch 1st 4s.. 1954 MN ser {♦NY Out A West ref g 4s..... 1992 M ♦General 4s......... *27 S 1955 J D {♦N Y Prov A Boston 4s 1942 A N Y A Putnam 1st con gu 4s...1993 A 2854 O O For footnotes see page 1403. 27 2754 2954 2954 2754 32-;:., 33)4 "5454 29 3254 "5354 "53"" 454 454 3054 30)4 85 ; 454 154 454 5 3154 5 32 15 22 18 28 346 20-54 33)4 22 "76 33)4 30)4 5454 29 10554 7)4 313 20 31)4 3 78 86 101 154 "41"" "44" "4 11154 11154 9 10554 105)4 1 l.tf 3)4 W 1)4 U 29)4 2814 28)4 29)4 29)4 16 • 17)4 17)4 18)4 18)4 53 99 44" N Y Queens El Lt A Pow 354s.-1965 MN N Y Rys prior lien 6sstamp...1958 J J 28 ;* 27 29)4 "27" 19 29 27 J { ♦Collateral trust 6s........ 1940 A ♦1st A ref 4548 29 7H 3 100 41 5454 108)4 111)4 105 108)4 33 32 32*3 3134 32*8 31*2 32 31% 3134 878 86s 8-'*4 868 8% 8»4 9*8 884 8% 6934 7H2 70*2 71*8 71*4 71*2 7338 x72h 74 71% 7234 *115 *115 115*2 *115 115*2 *115 115 *115 115% 115 115*2 110 110 *110 110% 110 110*8 110 110% 109*2 110 *109%110 14% .14*2 143g 14*8 14»8 14*8 14% 1458 145g 1434 14% 1434 67 66 78 67 ) 68 683, 6534 67*2 67*4 67 67*2 68*4 68 78 78 : 78 77 77 79 78% *785g 785s 7834 78*2 78*2 IIS4 113., 1134 *lli2 1134 *11*2 1184 II84 a:ll% 11% 11*8 11*8 2534 25*8 25*8 +25*8 25% *25*8 25*2 25% 25*2 25% 25% 25*2 3378 34*2 35% 32*4 32*4 34*2 34*4 34 3434 343.1 35% 34% 13 13 13 13% 13*8 13*4 13% 1334 13*4 13% 13% 13% 11 11*8 11*8 11 11*4 11 11% 11*2 11*4 10% 10% 11 *110*2 1137g *110*2 113% *11012 11378 *110*2 113&8 *110% 113% *110% 113% 43 78 43 43 44 42*2 4378 a;4278 4278 4334 4434 43% 43% *19 19*2 1938 19% 19*2 19*2 19*2 19*2 218*4 18*4 *17% 18*4 *ie si« «u *18 'l *4 *4 6ie *>3J % 6ie '4. 17 17 17 17*2 17*8 17*4 17 17% 18% 18% ): 17% 17% 834 33% 8»4 71*2 32*8 858 325g . For footnotes see page 1402. 5,600 19,400 10 510 10,400 13,000 1,000 600 800 32,000 10,700 Pref $4.50series...—No par Union Oil of California 25 Union Pacific Rlt Co.....100 4% preferred .100 Union Prem Food Stores lnc Union Tank Car No par United Aircraft Corp —5 Un Air Lines Transport.....5 3,900 United Biscuit Co No par "^SOO 5% preferred United Carbon Co No par 600 85,500 21,400 100 United-Carr Fast Corp.No par United Corporation...No par $3 preferred No par 8% Nov 13 Feb 14 xlll34 Jan 30 10812 Aug 6 1234 Jan 2 3:65*2 Nov 28 75 Nov 12 11 Aug 15 25 Oct 17 32*4 Dec 1 93sMay 15 1078 Dec 4 109 May 1 407sMay 2 16*2 Apr 23 l4 Oct 20 16U Nov 26 ■ "July 10 25 7-'% Apr 23 Thatcher Mfg Co....^No par $3.60 conv pref No par The Fair.. ..No par 9 12'g M 16*4 01 20*4 May 4 66i-> Dec 126 16's Nov 29 2 700 27 Nov 28 2*4 May 978 \l y June 11 834 Jan 10 6I4N0V 5 8-'% July 23 8->s Jan 7 32 500 27 66 2 5 5 5 4% Aor 16 4 Jan 511 Dec 11*2 Apr 14 3,300 6 3'2May 4's Dec 4 14UNov 12 138 Feb 27 9 Tenuessee Corp... Texas Co (The) 3 2% May 52 1 Dec 1 40 19-MMay 434 May 46 May 267g May 112 May 48*2 Aug 42 Feb 28 May 19 May 45*4 May Jum 34's July 29 4«t8 Dec 4 4 14% May 33 6 5 4ijNov 13 50 Apr 14 117i2Jtme 2 1*2 May 334 June 6078 Oct 98 Oct 20 x5 May 6 (>M Jan Feb 14 . 8 H3t2July 16 1*4 Jan 6 33 5 1,900 6 34ii Feb 19 50 1,400 13,200 18,800 34% 23 6 Studebaker Corp (The) 1 Sun Oil Co No par Class A pref (4)4% cum) 100 Sunshine Mining Co 100 434 5->8 *39 . 4,700 8% *49 . ' 21 "3*766 9 5 U Nov 18 D4N0V 12 I0i« Feb 19 Sweets Co of Amer (The)—50 25 Swift International Ltd.—... 9 41 1,900 4-84 6'g Jan 57M Jan 40*4 Aug 1 11734 Aug 19 June 19 par Stewart-Warner Corp 5 Stokely Bros & Co lnc Stone & Webster No par 5 1*8 6 17% 23% 4 33 34l4 *23,1 2368 6 6*2 500 /4i>8 Dec 108 June 25i2Mar 3*4 *1 6 34 4,600 No par par 59 4i2Nov 27 Starrett Co (The) L S.-No par Sterling Products lnc 10 4% 9% *20 8% 45*2 234 34% 634 5% 15*8 1% 13*2 Apr 21 27G Apr 25 54*8 Aug 5 44loNov 28 28 31 21 22 28 22 29 3U4 Feb 19 11 I'M J une 2 6l2July July July 393.1 July 38l2 July 69 Standard Oil of New Jersey.25 Standard Oil of Ohio 25 *23.1 43.1 11*4 99% 33% 406g 4*4 20 2*8 8-84 45*8 2*2 10 9,600 4,000 5 25i8 Nov *34% 9*2 20 34 2% 2,600 4*4 9 Mar 3 1778 Mar 4 34% 11*8 20 *4% 4*2 35 60 10,500 May Jan 12io Feb 14 410 Tie 85s 4% 1,300 13,600 3 60 2 .No par prior pref 4% 3 *11 234 486S 21 5,300 5-84 534 126 4*8 15 *4% 23'% 20% 4a4 434 23*2 5% 4% 5 Standard Oil cf Calif. .No par Standard Oil of Iudiana....25 cum 234 49*2 4*2 34% 4% 6 i 41 413g 234 *234 *65*2 534 8% 6*4 49 *434 "i« *2% 8-84 45*1 2% 34% 'X6r8 45*, 2% 9*4 99% *34 2*4 8*8 9*8 27 *4-*g 43g 35 *23 1*8 6 4 6-84 41 yth 10 9-'*s "he 912 46 17-% 4% 12*4 78 7g 6512 6*8 46% 41% 34*2 1*2 33% 393,1 4% 1134 3978 46 20,i00 May 034 May 9 Ah Mar 20 21*4 Mar 21 2234 Mar 21 $7 25,600 1 arl734May 22 Standard Gas & El Co .No par $4 preferred No par $6 cum prior pref.. .No 800 2,800 3/l2 Oct 1 ..— $4.50preferred......No 7,400 2311 Mar 13 13*4 May 17*2 Nov 2 Jan No par preferred.....100 Standard Brands.. 300 6,400 24*2 32% 13% 17% 2*8 87g 447s 268 3368 66g 56s 34,100 conv Aug May 36i2Nov24 .2 Conv $4.50 pref 16 128 23*4 Ma) 1 No par Spencer Kellogg & Sons No par Sperry Corp (The) v t c 1 Spicer Mfg Co... No par $3 conv pret AS.»par 4 Mar 31 273g Jan 3 13'2 Sept 17 143,1 Aug 1 19ts July 31 8 100 Spear & Co $5.50 preferred 2 lOioMay 16 Mobile & Ohio stktrctfs 100 Sparks Withington....No par 5% 32 56% 5!% 4*2 5% preferred 215s Dec 150 Dec 7*8 May l-*a July May 11*4 Feb 15 10i2 Feb 14 .No par Square D Co 140 I93g Aug 15 10 2034 Dec Southern Natural Gas Co.7.50 Spiegel lnc 24% 1% 7ie 9 85g 11 9934 9J0 I.3/1 34*2 : 7,100 2,200 r 1% \4 419 35 *23,1 4% 20 45*2 1*2 49 468 *34*2 234 478 45 4% 234 49 4*2 434 400 39% 39*2 113**4 11334 3*1% 484 15% *41 3 *23.1 3*8 52 37% 58% 4*2 4*8 *34 • • *41 42 " 2% 3384 33 31*2 18*2 Nov 28 103,t July 22 2M July 25 14 2 1 May May 10*2 May 5 May 25*8 July 31 15 Sept 18 Feb 19 1®8 Jan 6 35*4 36*2 1*8 *37 67 105 Aug 36% 37% 1*4 3% 12*4 Jun< 6 June Southern Pacific Co.—A^o par 7r>g Jutu 3*8 May 12*2 May 1<* May 17-"*8 May Jan Jan May 3 4 Jan 27 120 Southern Ry Jan 34 2 is Jan 20 303.i Nov 18 3 5'4 Oct 30 8I4 Mar 25 8 May 40l2 Aug 4«4 May Jan 30 112 zl3 Southern Calif Edison 5 133s Feb 28 100 5 8*4 June 8i2 May 51U Aug 114 So Porto Rico Sugar.. .No par preferred..... *4 Oct 11 May 1*2 Sept 6U4 May Feb 15 13 8% 7 Dec May May Feb Greyhound Lines..5 2,600 *58 9 57s Nov 16U Deo 14>2 Feb 19 South Am Gold & Platinum. 1 S'eastern 11,000 3,500 95 34 July 15 >4 Jan " 34 July 31 213« Jan 10 Oct 10 112 Smith (A O) Corp 10 Smith & Cor Type v to.No par Snider Packing Corp No par Socony Vacuum Oil Co Inc. 15 48,700 323g 23*4 203i Sloss Sheffield Steel & Iron. 100 $6 preferred........ No par 12% 24-3.4 *124 18<8 Feb 19 ...15 12*8 32 5% 5% 64-% 22 Skelly Oil Co Q4h July 107*2 Juni 101*4 Jun< 678 Sept 19 2 Simms Petroleum..... 10 Simonds Saw & Steel..No par 17 500 2 3ij Dec "**7*iMa> 17 July 28 33.1 July 7 7834 Jan 2 1078 Jan 21 14-M July 22 71.84 Jan 17 14 >8 Nov 13 1 Nov 12 No par 16% 24% 41 Simmons Co 11% 12% 32 23*2 Feb 14 9 <8 Dec Sheaffer (W A) Pen Co .No par Shell Union Oil ......15 Silver King Coalition Mines.5 12 114 *34 Servel lnc 1234 21% 24*8 *4-*8 45 2*2 25g 33*2 4558 *38*2 ...100 Seaboard Oil Co of Del.No par Seagrave Corp... ..5 Sears Roebuck & Co...No par 17% 14% 1% 1334 231, 203.1 434 No par 21*4 14*2 *13*4 17*2 2*8 878 83i 46g 647g 112 21% 43g 1434 4% 35 31% 37% YJA 108 59 114 5*2 No par 40 *58 5-*8 4*8 175s Sept 94i2 Sept 11 39i2Sept 26 1151.1 Mar 27 Juno 23 3'4 Apr23 3*4 46« {Seaboard Air Line 4-2% preferred.. May May No par 4U Feb 19 353.) Apr 19 10i« Jan 21 *20% 5*4 8i2 Apr 15 Dec 34 33<4Junc 12 lOOioJunc 9 100 Novar Oct :Jan 2 96 Sept 18 51 io Feb 27 3*4 46g 5*8 43g 79 ........ IVc l„ Apr 29 Sept 18 23 $3.50 conv pref ser A.No par Shattuck (Frank G) ...No par "20% 67*4 554% preferred Scott Paper Co $4.50 preferred 'h -A,Gi June 19 47 377sSept 17 1234 Jan 4 7978 Sept 17 115»4 Nov 3 112l4Sept 30 16 Sept 17 857s Jan 10 85*4 Jan 13 13*2 Jan 2 31 July 28 4438 Jan 9 17*8 Jan 9 1434 July 24 113*4 Feb 6 52 Sept 4 21*8 Sept 3 li2 Jan 7 30M Jan10 21iz June 9*4 Mpv 597g June 105 May "l2 "May 71 Ma, 70 Jum 13 22j4 Dec Jan 31*2 July 12 May 12*2 MHV 10878 Nov 42*2 May 12 May 1*4 26 v Hiohest per 3 113 3 Sharpe & Dohme—....No par 35% 37% 1*8 57 Nov 13 12't8June 800 17 34*2 108 3,300 200 3,800 0 58 .11% 12% 41 35 100 55g 53g 113., 46 ....No par Savage Arms Corp.........5 Schenley Distillers Corp 5 54izNov29 21 "'8 *34 8 July 17 Apr 19 ....1 % 14*4 2*4 64*2 43,i 434 4% 4*8 110*4 1103., *110 113*2 *112 113% 5ie *4 5ie % *4 *4 1% 13g 13.1 1% 1*2 1% 13% 13% *13 13*4 13»4 13-84 15 15 15 143.1 15*4 15% 2334 31*4 45*4 4078 4 Sharon Steel Corp No par $5 conv preferredi;.No par 21% 114 li2 July 17 '2 Apr 15 6 May 470 21 39*2 114 *4*4 87s 44% *234 36 *25*4 106-54 11054 10754 110)4 26)4 Range for Previous 393.1 July 16 i4 Feb 6*8 934 135 58*2 4">8 4534 4 57% lh 15*4 31*o 100 7 Jan 93.1 a:17*2 9->g 37*2 5% preferred Safeway Stores 6% preferred Nov 29 Ma Jan 57% 6*8 53g *35*2 Stl5*2 36s 1 's 28 10 64<>8 58 37 10 {St Louis-San Francisco...100 6% preferred 100 {St Louis Southwestern... 100 57 2*4 1% 15*4 21% 43g 2078 4-*., 434 2 *49 48g 2058 *34 *41 3*8 17*8 4*4 23% 2 6*4 53g 9*4 5*2 42 *43s 35 *2*-> 53 27s 47g ' 109 54 S per share 10 14*4 64 934 62% 23 2 33 5*2 *4*2 9954 9754 79 38 2S 1973 A/N ♦N YLE A WDk A Impt 5s.. 1943 , 12 101 54 6354 A/ IN N Y Lack A West 4sser A—1973 A/N 56 7654 65 59 O A 5454 63 A ref 354's ser E. ....1966 A O d 6654: 465 95 100 54 N Y A Erie—See Erie RR N Y Gas 151 Lt H A Pow g 5s.. .1948 7554 6334 99 54 115 I per share 57 2*4 134 *15*4 2034 124 New York Chicago A St Louis— Ref 554s series A Highest 18,200 18,400 2,500 14% 2% 9*2 30*8 37*2 434 1434 168 133.4 1% *34 8*4 43*2 28g 5*4 9*4 13»4 16% *4*4 83.1 *6*2 ' 134 133,i 1034 434 4-">8 2 8»4 44*2 2h T 83 100 10 57 A .... .... 107 11154 143.1 23% 21*8 47g 20% 438 410 46g 1434 *438 3612 2 1945 J 163g a-23 478 43g ♦34 •i:' *13 16*4 37 3254 4 4!>s 1438 48 32 46s 62 ; 18 478 62 30 35 54 25 .... ' 62 3454 34 3 41% •— 44% 12 43 43% * 67 4 58 434 63 62 *61*2 Newport A Cincinnati Bdge CoGen gtd 4 Ms. 2,300 % *'te 18% *58 24% 31-68 45*2 40 78 34*2 56*2 5*2 4.% 5*8 434 4034 34% 5534 55*2 4s8 109)4 10414 10654 105 10654 2 - / 75 65 6 14 39% 39 *31% 42% 17 76 43% v-^. 1950 FA *8 57s 17*2 36-*8 St Joseph Lead.. $4 preferred -"-vi 13% 13 800 *115 13 46g 45*2 , 24 121)4 12754 12354 131)4 122% 126% 104% 105% 75% " ♦ist 5sseries B-————. 1,200 13 3*4 . 10354 106)4 82)4 86)4 „ 82 81 % 104% 105% 76 .1935 A n-c lnc 5s ♦Certificates of deposit., 122% 105% New Orleans Term 1st gu 4s.. -1953 J - . 72 103 n 64% f. 1st A ref 5sseries B........ 1955 J {{•N O Tex A Mex ^ *65% 64% D J 5,700 13*4 18*2 "26" 58 • New Eng Tel A Tel 5s A 16*2 91*2 3684 "l8'8 1*8 45 45 45*4 447s 38*2 38*8 3834 38*8 39% *114 115 115*8 *114 ^ 115 434 434 47g 47g 434 47s *109 111 10978 10978 *109*2 110i2 >4 '4 U *4 *4 '4 1 '*8 13g 1% 1*4 1*4 1*2 13 *13 13*2 13*2 13*8 13% 15 *1458 15 14% 14*2 14-r'8 4434 117% 65 "88% *84 it 1948 JO guar 5s...1945 J ♦Consol guar4s*»..«.» .....1945 J 16% 18 21 3,500 930 9,200 19 *89*2 36% 18% 1134 12% 17% 3534 *36*4 13 18-84 *110 1438 *103 207g 133*4 *133i4 136 177g 36*2 36*8 1*8 109*8 109*4 18% 18 45 4434 *113 13*4 213g 5*2 20 ' 32% 103 *4*8 .... *2634 28 103 133g 15*2 133 2178 *2634 327s 18 934 l7s 1% 15*4 193.1 197* *1 16% 1*8 *113 *13% *133*4 137 16*4 331 S3, " 18 13*8 18*i 18 36 16 28 18 2034 1134 12% *12 107% 112 --C Lowest la Jan 9 •r»Nov 18 12i2Mar 3 l«s Apr 29 63'2 Dec 1 5i2 Dec 1 5% 16 *113 18 5*2 1*8 *26 3« .... *17*4 57% *134 5*- 37*2 64 9-*4 5*4 2% : 57 53g *57 2,400 90 «8 96g 600 % 2% 46 37*2 *11434 *1093,1 6,000 30 %i 4 90 14*2 2% 643, 578 58g 3278 A tz 101 65 H D J Par % . 109% 109*4 19*2 16% 16% ;<8 64*4 29% Zl9 14% 2*8 38*2 ...1954 $ pet share % *4*8 4434 *5ie V 16 32*2 32*2 *32s8 33 *101*2 103*2 *101*2 103*2 *103 103% "38% "38% 3854 3854 3354 *11054 Range Since Jan. 1 On Basis of 100-SAara Lots EXCHANGE Week 5 *i - *8 . 534 57 *8 *13.4 37*2 56*2 5*2 353.1 '16 *8 k 57g 934 57 16*8 1*8 28 „ 56 5% 36*2 157g 157g *3*8 16 534 5*2 36 37 5*9 9% 57 *56*4 3:5*2 5»4 i3. **8 6414 534 9*2 96g ♦5-r>8 ' sl« 14% 2% S»8 flfi# 54*2 *50 *110*4 - 14% 14*4 534 *115 *114 3\8 DJ 30 29% 'ie 90 3712 *114*2 *110*4 3« 2*4 63*2 5*2 *5«8 : N Natl Supply : $ per share *134 2*8 53, *4*8 437R 437« 109*., 109*4 20*8 20-i« 16*i 16% 90 37*4 **!• 14*2 ; -■ """ "65' STOCKS NEW YORK STOCK the OO » - *45 . National Steel 1st mtge 3s Friday Dec. 4 29*2 "h 92 *80*2 37*4 »!« 2*2 64*8 *2*4 ' 59)4 . 16*4 89*2 36% ~ h 64 " 6285 6 82 54 *45 Gen & ref s f 4Ms series C.. 1955 A O Gen A ref s f 5s series D——1955 .4 O Morris A Essex 1st gu 3^8.-1.2000 J D Constr M 5s series A ...1955 MN Constr M 4 Mis series B. .. .1955 MN Mountain States T A T 3M1S..1968 J D 108% 111% 1 j 3« *133*4 137 11 28 m *. 1978 . 29. 27» 584 436g 109 10014 20 20*, 16*4 16*2 109 19»8 16*8 89*2 2:36*4 19h *110*2 103% 104% 109 10754 Sales Thursday share * *4*8 433g 44 109 109*4 *115 2854 1954 *27 54 A ref 5s. 1941 J ./ f 5s series A .1955 A O f 5s series B 1955 AO Mutual Fuel Gas 1st gu 5s 35 -"254 *134 6*2 37 28 2 54 28-14 2*4 534 *115 14 1954 1954 154 19)4 112 254 {♦Montreal Tram 1st Gen A ref s 2754 54 26 54 26 54 6 debentures .1965 a O Montana Power 1st A ref 3&S.1966 j n s 2 8 54 354 26 54 .... Gen A ref 2754 1154 54 ... ♦1st A ref 5sseries I.1981 f a ♦Certificates of deposit {♦Mo Pac 3d 7s ext at 4% July '38 MN Moh'k A Malone 1st gu g 4s...1991 M .$ .4........1960 A 11 49 27 2754 . ial mtge4Ms 32J4 30 26 54 .... f 1254 11* 9 *26 54 "2 S .. Monogahela Ry 3 5* a ser B.... 1966 Monogahela W Penn Pub Ser¬ 202 2554 21 22 *8 *4*8 44% 1578 26 34 1977 M S of deposit.... series G 854 20 54 Prior lie i 4 Mis series 1) 1978 J J ♦Cum adjust 5s ser A...Jan 1967 A O ♦Certificates of deposit.. ♦General 4s............—.1975 21 54 2454 20 54 21 54 .1 n *8 2«4 **8 W 2 6654 77 54 291, ')# k 2h 1354 53 (M oc C* *i# 238 16*8 *89% *3534 1354 854 154 54 216 S per $ per share 2834 *8 19% Missouri-Kansas-Tcxas RR— Prior lieu 5s series A. SALE PRICES Wednesday Dec.Z 28*2 'k 109 1 354 754 18 354 Tuesday Dec. 2 »u *'.. .4' *8 ' 3 8 54 79 1154 3 54 a .... 1154 11 J 1990 J D 1% • S per share 28 28 52 10 ....1949 M S Mo Kan & Tex 1st gold 4s - 74 5-6 1054 11 ./ J 10754 • J ..1946 J ♦25-year 5 Ms ♦1st & ref 5 Msseries B. 1978 {♦.Mo-lll Rll 1st os series A...1959 68 103 *114 J 1938 J 1938 J — 14 35% 8)4 f $ per share 24 51 % Dec. 1 70 , 95',4 *25 {♦Minn k 30 67 j 35 ~3SU D 4s.. 1947 1/ S gu {{♦Mllw <fe State Line 1st 3 Ms .1941 Monday f = High 64% *45 1939 ,/ D 1939 j Saturday 107% * HIGH for 1 9954 70)4 64 107 K O AND Since 30 1951 M S 1st gold 3 Ms Ref & Impt 4 Ms series C ext 4Ms.. Jan. No. Low High Jack Lans k Sag 3 Ms ♦{Con rtj&o LOW Nov. 29 Railroad & Indus. Cos. {Cora.) ♦Mia* Mill Mach 1st s f 7s....1956 ./ D Michigan Central— 1979 J f-o Range or Friday's Price NEW YORK STOCK RECORD Week's ■ Last SI Dec Dec THE COMMERCIAL & FINANCIAL CHRONICLE 1402 Tuesday, December 9, 1941 * Sales SALE PRICES Monday Saturday Nop. 20 Tuesday Thursday Dot. 1 Dec. 2 $ per share $ per share. the 21" 2% 4% 4-l.t 37% *36 75 74% . 47# • *36% 37% 74% 75 4% 5 13% 13% 4% Dec. 4 Week 8 per share $ per share Shares *36 74% 4% 13% 13% 5% 5% I 27« *2% 48 5% *2% 27« *42 48 5% 2% 47 *42 5% 7,500 2% 200 4% 4% 4"s 4% 4% 37 36% 36% 35% 35% 75% 77 78 35% 79 35% 75% 5 76 77% 5,300 5 5l.i 6 5% 80,500 4% 5% *105% 106% 14 105% 105% *105 *13% 13% *13 13% 13% 5 United Dyewood Corp 10 Preferred.. 100 United Electric Coal Cos.:—5 United Dru? Inc.. 4 2,000 500 United Eng A Fdy... Highest per Week's Last sale Range or Friday's 3 i l%May 6 \ 20%May 16 3% Apr 21 5% July 24 2%June ; 33%May —.5 3% 3% 37g *3% , 93 *00 3% 15% *1-1% 15% 10% 10% *10% :0% 47% 46 40'8 39 39 29% 29% 3% 3l.| 3% 3 91% 47 .♦144 *3% 3 3 3% 3 91% 91% 1 4% Dec 5 May 2 Nov 21 42 Jan 8 79 Dec 5 117 3 Jan 22 14%Nov 19 N Y Ste;»m Corp 1st 3 shart per -7% t S *N Y Suaq A pi Ma* 6 Sep! 26% 10% Jan 15 1 8% Apr 25 300 3% 3% 3% 3,400 U S A Foreign flccur— .No par 90% 90% 90% 15% 90% 10% 360 86 1st preferred.....Wo "ar 3% *3%; 15% 15% 15% *15% 16 11 10% 10% 10% 10% 11 10% 47% 47'8 47% 48% 245% 46% 47% 176% 170% *176% 177% *176% 177% *176% 177% *175% 177% 7 7 7 7 7 7 6'8 «% 67 *07g *175% 17712 15% 10% United Paperboard U S Distrlb Corp conv pref 340 ; 47 2,800 U K Freight Co 0,900 U S Gypsum Co 50 • ' 7 7 . 40% 29% *39 *29% 3 7% 3 7% 7% '24% 30% 24% *29% 23 23 103 30% 31% 30% *3 7% 24% 24% 23i2 *29% 24% 31 23% *29% 23% 30% 22% 31 24% 29% *22% 22% 22% 22% 22% % -7, 24% 24% 29% 22% 800 39% 20 30% 2,100 Mar - Jan 5% 41 9% Drr 107% Juni 6 Jum 5H% convpreferred • 1 % 23% 23% 23% 101 102% 50% 103 U S Leather Co 20 Apr 18 3312 Aug 26 3 • Apr 22 Partio A conv cl A ...No pot 5% Apr 24 54% Feb 24 ...No par 50 50 50 *70% 73 *70% . 72 71 71 ■ 24% % 25% a;97 100% 100% U S Pipe A Foundry 231" Dec US Playing Card 29%May 6 18% Apr 12 .20 Co-..-,10 U 8 Plywood Corp.........1 51 51% 72 72 ■ Jan N Y Jan N Y Trap Rock 1st 6s -...... .1946 Ocl 3{Nov 28 10 >17% Feb 14 I Oil Smelting Ref A Mill—50 80% Feb 15 26 33,900 U 8 Rubber Co.... 97 97% 3,000 8% 1st Preferred. 52% 53 2,000 74 200 ' *73 74 U 8 7% Ma) 5 49 11 Oct ♦Certificates of deposit.... ♦Ctfs of dep (issued by reorgan¬ 182% May — 14 28 Api May May Am- 12*4 Do< 22 .• % May •• 15 103% Sept 11 65%, Apr May 115% 22% 48% 22% *48 «4 % % % % %6 58 *57 147* 14% '"';:53:- 7s *% 58% *57 *48 53% 14% 14% 52% 153 *153 *160 163 *160 *%* ■ *48 18m % % *14 14% 58 15 *14% 52 62 *153 161% 160% 160% If. is 160 160 58 15 15% 50 .... % % % 100 Preferred U 8 Tobacco Co 1/200 7% preferred. 25 United Stockyards Corp... 4,300 United Stores class A. 100 *15% 16% 700 50 50% 860 *161 No vnr 100 . 2,000 53 86 161% 130 % 4,300 conv 49% Apr 21 r 115 Apr Nov 1% Jan 41% Jan 117 39% May May *73% Dec preferred .5 % Nov 12 •teNov 25 No par 44% Apr 25 33% Jan 13 12 1% Jan May 20 Universal Pictures 1st pref. 100 133 Jan 17 1% 7 1% Jan 62 Sept 16 16% Jan 10 04 Sept 2*2 May 10 140 157 70% Nov May 1 May 41 Juni 12% May -Ma) 162 " Oct 31 69 Jum 27 27 27% 29 19% 10% 19% 20% 20% 10 10% 10% 25 24 24 *24% 24% 113% 113\ *112% III *112% 114 41% 41% 42 42 41% 41% 113% *26 *261^ 26 >2 19% 19% 19% *1014-10% *10% *23 *.... 57 »'— 60 *23la 1*4 24 60 ... 23% 23% 1% 24 24% 1% 24% *15% 16% *33% 35 ♦116% 117 16 17 33% 32 *30% 110 *102% 110 *102 *134 *134 .... 33% 32 — - 41% 57 *.... 23% 1% *116% 117 *30 57 ... 57 60 *-... 24 1% 23% 30 57 .... 2378 1% 24% 24% 1% 24% 23% 1% *33% 35 32% *33% *.... 24 24% 117 *16 33% 33% 32% 32 110 *102 *31 35 *33% 32% 32% *31 Van Raalte Co Inc *102% 110 *134 *134 8 8'*■ 8 *7% 19 19 *19% *104 105 , *7% 19% 105 *101 8 105 *104 3% 3% 3% 3% 3% 3% 3% 33% 34% 33% 34% 34% 347X 34% 3% 35 14% 141 14 14% 14% 14 14 4% *3% *3% 4% lo *16 -' % 19 19% 5% 73 5% 73. % *18% . *34 16% 19 5% 74 *73 lo ♦37« * 10 5% *73 *18% 19 *34% 36% 16% *34 14 13% *13% 14 *13% *3% "16 % *18% 19 578 4% • 19 6% 5% 74 16% 19 18% 35% *20% 21 21% 21% ~20% 26% *71% 72 71% 71% *71% 72 *91 93 93 93% 13% *2 *34 16% 14 13% 2% 2 Ref A impt 5s series I) 3% 3% 34% 34% ; 81% 14% 14% *14% *3% *3% 4% lo 'jv. lo % 19 " 19 19% 6 6% 5% 77 76% 76% 13% 2% 16% 16% 16% .14 13% 2 13% 2. 20 *34% 14 *13% • 19% 35% '1 *93 95 95 *93 116% 116% *116% 117% *18 *18 18% 18% *105% 107 25% 25% 25% 2% 2% 2% *105% 107 25% *2% *0% 7 %« *6% ,J16 25% 25% 17% 16% 76 75% *118% 120 30 *28% *31% 33% 110% 110% 7% % r" 8,400 34% 3,700 4 15 Mar 17 4 28 July 10 116 Aug Va El & Pow $6 pref ....Wo par 115% Feb 17 12 Apr 3 5% pf 100 77 25 Jan 4 33% Feb 5 100 89 Feb 15 106 ....100 135 Mar 27 143 7 25 25% 16% 17% 17% 119 757s 120 28% 28% *30% 33l» 110% 110% 7% % 25% 17%' 77% 118% 118% 75% 28% 287* 32 32 7% *6 1 Warren Brcs Co. No par $3 preferred.... —..Wo par 16% 17% 1,700 Washington Gas Lt Co.No par *13% 13% *2% 14% 800 Waukesha Motor Co........5 17% 77 77% 118%119 *28% 29% 32% 111 111 *54 :' 60 60 *54 60 94 *90 94 93% 93% *25 25% 27 66 27% 27% 66% *13% 14% *4% 14% 14% 4% 3% *3 *50% *22 67 13% 14% 4% 67 13% 14% 4% 26% 66 *13% 14% Apr 49% May May 5 May 62 Oct 60 Aug 31% Mar May 4% Jan 31% Jan 120 36% Juni 28% May Nov 15% Apr 48 Jau 35 1st mtge Mar May 110 Nov Jum 135 May 14% *13% 14% 4% 3% 3 3% 54 *50% 54 *50'-> 54 4% 3% *50% 14% 4%i 3% 54 23% *22 231s *22 23% *22 23% 2 2 1% 4% 5% . 3 ;:2%; 1% 4% Wesson Oil & Snowdrift Wo par 70% 70% 700 $4conv preferred.'-..Wo par 60 West Penn EI class A...No par 100 100 4 2 1% 1 1% 1% 1% % 14% 1% 71 5% 70% *50 52 *50 51% *52 65 *51% 54 103% *101 62% 59% 103% 59% 50% 50% 52% 52% 103% 103% 59% 59% 12,900 Westinghouse Air BrakcWo par 70% 77% 26% *65% 68 *13% 14% 14% 4% 4% *3% ♦50% 3% 54 *13% 14% *4% *3% *50% *22 23 *22 15% 2 1% 5% 5% 14% 15 4% 3% *49 51 *52i-> &4 *50% 54 104 6212 *96 61% 104 50 preferred.. 400 Weston Elec Instrinncnt.12.50 300 Westvaco Chlor Prod..No par 2 10 ,1965 MN .1967 M ■.> .1972 J' 3:%n Oklahoma Gas A Elec 3 " 4s debentures....... — —. _ ; 13% *118 7% 32% *78% 11% 17% 14% 17% 14 18 14% 17% 14% 17% 17% 17% 17% ,) -194«|j „ Ontario Power N F 1st gu 5s.. .1943 y A Ontario Transmission 1st 5s.: .1945 \f n Oregon RR A Nav con g 1946 J j> 1946 j ,/ 4s Ore .Short Mnc 1st cons g 5s Cfuar«tpdeons5i. 1946j % May , Otis Steel 1st mtge A 2 30 % May 2% Sept 12% Sept 34% Nov 28% Feb 20% Apr 16% Dec 1 13% Oct 30 12% Oct 17 23% Jaft 13 17% July 22 20% Jan 6 -14 7 5 80 Dec 1 Feb 5 4%.Jatt 80 Feb May 3% May May 1% July 31 2 Jan Feb 60% Dec May 21% Oct 22 38 Sept 17 80 25% 4% 13% Aug 22 20 May 13% May 24 May 47» 2ig May Dec 15% May 68% Aug Dec 29% Apr Jan Oct 18 106% Jan 25 91 July 31 115 90% May 115. Apr Nov 107% Jan 18 117% Jan 3 80 198 Jan 120 Oct 89 112 6 Mar 31 Jan 10 75 107 Oct 29% July 22 2% Nov 26 5% Oct 18 hi Feb 1 18% Feb 13 4% July 31 9 July 31 16% Nov 28 71 Oct 28 105 2 14 L 118% Dec 27 %June 65 10% Jan 7 12% Feb 14 1 3,900 White Rock Mil Spr Co Nopar 4 ' Slconv preferred. — 20 4,700 Willys-Overland Motors. 6% conv preferred— Wilson A Co Inc. 10 No par S6 preferred..•■......No par Woodward Iron Co Woolwortn (F W) Co > 1 Wisconsin El Pow 6% pref. 100 10 i.lO 1,300 Worthingt'n P&M(Dei)Wo par 10 7% preferred A..L..... 100 6% preferred B..L 100 Prior pref 4H% series.. 100 Prior pf 44% convser... 100 Apr 21 1 2 18 xl7 171 14% 14% 14% 14% 14% 14% 14% 119% *119% 119% *118% 119% *118% 119% *118% 119% *118% 119% 7% 7% 7% 7% 7% 7% 7% 7% 7% ; 7% 8 32 31% 33 32% 32% 33% 33% 33% 34% 33% 34 83 *78% 81 *78% 82% *78% 81% 81% 81% *78% 85 11% 11% 11% 11% 11% ,11% 12 11% 12% 11% 11% . Pat A Passaic G & E ♦Paulista Ry 1st » 1944 cons 27« * 10 2% .10% 10% 27* *2% Bid and asked prices'no sales 10%! 10 3 on tils day. 10 10 3 3 10% 10 % 3 x2% J In receivership, 10% 2% Yale & TowneMfg Co.. ...25 Yellow Truck & Coach ciB.-l 4% Apr 24 65% Feb 15 109% Oct 17 i 20 Nov 29 26 Nov 28 16% Feb 19 98 85 Maris Guar , 50% Dec 2 Nov 28 17 Dec 5 11% Apr 21 114 Feb 25 30 Preferred———.——i—100 Young Spring & Wire..Wo par 17% Nov 27 Youngstoen S A T—...Wo par 30t2 Apr 18 4% preferred series A. 100 Youngst'n Steel Door..No par 81% Dec 11% Dec 5 4 2 Zenith Radio Corp.—Wo par 900 I Zonite Products Corp.— 1 1,900 r Cash sale.- 8% Oct 16 1% Apr 23 * Ex-div. V 104% *103 108 % 114 114% *1134 H7H 106 106% 82 H 114.4 10 - 108H - 9 1074 1664 1084 1074 UOH 1084 1M4 1054 109 4 102% 1064 1004 101% 1014 1034 1084 1134 H34 1054 784 1124 H7H 1174 1074 804 110 118 Jan 140 Nov 1134 HOH 88 110 4 884 so 88 87H 110% 1104 104 1004 100% 1004 50 100% 104H 1014 1054 52 60 4 94 1004 1004 1004 414 57 1004 1004 52 50 90 106 % 1104 1074 1114 104 1054 58 57 H t; 1104 1104 U06H 104 A () 60 87% UO-'Li 1144 109% 1124 1084 1114 1044 1064 834 91 87 86 H 121 H 96.4 1204 120 68 964 1024 106 H 104 — .I960 J 1) *105% 4 Hs debentures Pcnnsylvania RR . '77 1«' A O 1981 J J .1969 F A . 1974 F A — 4s... 1943 cons g Consol gold 4s ■ • 1968 j ,25 105 106 108 108 H 169 1064 1104 •1044 *1124 *1124' 116 "934 <12 93% 38 17 122 H 104 H 122 H 123 1034 1044 106 d 110H 1094 1104 51 904 914 1004 100H 123 864 82 1970 .4 O General 4%sseries D... Gen mtge 4l4» series E.* 1981 a 1981 j O 3HS-a.—1952[H O 106 111 1104 108H i) Debenture g 4 H« Cony deb 13 1644 iio" M N —19651,/ 1064 163" 103 i.'Vl. 1948 \1 N —.1970 .4 0 I960 ! >' A 100 1044 1044 16«4 100 111) 1034 107 1044 1054 1024 106 110 4ssterlstpd dollar May 1.1948 M N . 103 *104 A 4H« series B Penna Pow & Lt 3 H« 28% Jau 91 100 H 100 100 % 86 904 864 1044 1074 1114 1154 III4 1144 924 08 1204 1254 1034 108 4 109% 110 074 90 61 994 105 994 1014 52 854 014 37% May , 50 May 38% 1097# SO. 85' May 103 108 ." 107H 104% 103 96.4 Pennsyl Glass Sand 3Hs--- Jau Jan 110H 111 ' - *102-4 1044 106 107 H 121H .1963 28% 26 110 106 3Hs trust ctrs C—— ..1942 I D 1944 I'D ser 10 trust ctfs—... 1952 l/N General 4Hs series A General 5s series B 110 iii 100 Guar 4s Consol sinking fund 4H» May May 1 Dei Feb Dec Peoples Gas LAC cons 6s Oct Peoria A Eastern 4s ext Refunding gold 5s.. — — . *106 1943 .4 O j May ♦income 4s... Nov —.1917 M —: 196(1 d Apr Apr 1990 — S 116 116 41 O 17% Jan 8% July 7% Aug 7% May 4% Mai • 9 It 3% May 38 Jau -14% May . 1974 F A 5s... 1956 J ./ Pere Marquette 1st ser A ....1056 J • 115 107 U64 1144 118 4 41 644 4 94. -41 111 , : 7 25% July 22 Aug 21 30 July 30 60 July 73% Aug 21 75% Aug 21 122 July 24 29 Jum Jan 11 80 39 Jum 91 Jum 73 May 8 17% Jan 10 22% Jan 120 Jan 10 15% May 934 May 98 May 1937 J 95 Aug 18% Jan 15% Apr 3 Apr 247g May 3% Oct25 E:<-rlghts. 1951 Y'j " 104 1114 II34 1154 ^ 10 108 110 48 1044 107 4 38 1084 112 108 16 4 28 4 54 5!-4 6 195 34 74 37 44 104 5H 5H 104H 105 34 84 74 994 1054 Pittsburgh Cine Chi A 8t LouisScries B 4Hs guar1942 AO Oct Series C 4 Hs guar .1942 M N 101?3! 103%* 58 No* Series D 4s guar .1945 l/N 1084 65% Ool 129 Scries E 3Hs guar gold..... 1949 F Apr i 93Apr * Series F 4s guar gold ..1953 J Series G 4s guat—.—1957 4H«-—1963 F ,4 Series I cons cons guar . 25 19% Jan Jau Gen mtge 5* scries B 1134 ——... .1975 4 O Geu 4 Hs series C .......... 1977 J 103%, 1064 J 1134 1124 1224 111 1134 i224 *122 -1964 M N —1970 J D 4H»- 1004 101% 10s 4 1104 109 109 *iiw l> t/N A Series J 101"; 103'ki A 4s.......I960 F cons guar 10.9 10SH 102H 113 1104 113% 110 1134 10 117 122, 117 1224 ioii"" 109 108 109 108 1134 113% 102 H 103 102 1054 103 H 103 H 100 100H 1014 1044 99 1014 126% Sept Pitts Coke A Iron conv4Hs A. 1952 U S H«-1950 J I) Pitts Steel 1st rntge 4 Pitts Va A Char 1st 4s 12% May 28% Jau Pitts A W Va 1st 4 Mar 6H 1054 109 1104 1204 124 26 Oct Jau 2 5H 1054 100 • 1054 1084 1154 109 4 110 24 4 95 . Apr 8% May 25 102% Dec 80 J 110H *4H Phillips Petrol 14s debs 14 26% Jum J 105*^ ♦Certificates of deposit 48% 99% 0% Jum 6 5 0 ./ 105H 114H 1094 1054 UOH D >....1949 M S t§♦Philippine Ry lsts f 4s May 12% Jan 11 42% Jan 1004 106 42% May Jum J ♦Conv deb 6s Apr Mar 34% Nov 13% May 55 147 70 121% Mar 15% May 74 1054 *1184 1 ♦Phila A Read C A I ref 6s...1973 Jai 60 A Jaf> June 7 .....1974 F Apr 3% May 74 624 General g 4 Hs series C..... 1977 J Apr 45 58 105*4 General 5s scries B 0% 7% 110 834 61% 62 % 62 H Phila Bait A Wash 1st g 4s...1913 MW 3% Nov 26 67 4 614 624 106 1980 M 8 . 1981 J Plilhidrlpfiia Co coll tr 44»-:-196l .J Phila Electric 1st A ref 3Hs. —1967 1/ S Sept 18 724 Phelps Dodge conv 3Hs deb... 1952 J D — . 1074 70 H 17% Dec 11% A pi 7% May 57% Mai 24% May 1st g 4 Hs series C 4H 1074 11% Apr 3% Jan 77 33% Jan 34% Jan J 4 j ' 72 % '■ Ool Jat> 115 . Peoria A Pekin Un st 5Hs General 4 Hs series D 1% 1% 3 Apr Hs - — - 17% Apr 43* Air K Called for redemptlon. ' ser A..'.1958 J 62 H "034 O 63 024 O 62 H 02 634 634 J D F A --.-1977U For footnotes see page 1403, 105 4 106 4 *1054 D 1st gen 5s scries C..... ——1974 / D 1st 4H»series 1) 100 guar...1943 MW 1st mtge 4 Hs series B.—1959 4 New stook. 1074 UOH 1094 1124 34 OH OH mu WM ...1942 M 8 28-year 4s Gen mtge 3%s series C. : 6 *6 . 1074 Guar 3 Hs trust ctfs 1) • . Jan 27% May 15% July 25 Jan 30 i 130 1,500 12,200 n 70 Pennsylvania Co— Series H d Def. delivery, 604 .-:r • 5s..1949 M 8 t 7n Pitts Y A Ash 1st 4saer A—,:1948 1st gen 5s series B.. — .....1962 10% 9 109 2 *101 1044 1st mtge 4H»series1960 A *10 62 111 ' Jan 35% 2%.Jaa11 5% Jan 13 7 Sept 17 59 5,300 02 504 1044 1 74% NOV 1% Apr 16 3% Apr 18 Wrigley (Wm) Jr (Del) .No mr 100 51 54 % ext g 4s..1938 F 5 18% May 2%May 12 Wright Aeronautical.. .No par 10,090 47 H 634 113 H 8% Apr Dec 61 3 l%May 10 3,600 30 52 H 110 110 Parmelce Trans deb 6s. Apr 40% Apr 30% July 31 |;20i#^ulf:3t 1,000 : 39 l 38 17 1134 Paramount Pictures 3.%s deb:. 1947 W 8 4s debenturei 1056 M ,S 105. 70 '•, Jaa 14 20% Feb 14 Dec 52% Dec 2 86 Apr 23 100 664' 117 • ' : Jan 5% Jan 10 54%June28 3 41 Prior preferred.... """166 19 804 76 4 474 444 584 52 H HOJi 2% May 76- Mar 22 Feb 15 1 .Wo par White Sewing Mach Corp 41,900 45 684 420 1961 J 4% May 14% May 15% May 2 July 23 25% May • June % 36t2 July 14 112 Aug 9 100 May '21 34i2 Jan 10 6 27% Apr 17 21% Apr 18 64 May 19 Jan June 11 l%May 13 31% Nov 6 24% July 22 Apr 16 2,000 "r.500 39 45 128 49 63 534 1084 111 1946 J Paramount Broadway Corp— 1st M s f g 3s loan ctfs- .-1955 F 110% Apr 1007# May 9 3 23% Mar June 108% May 20% July 15 15% Feb 19 104% Apr 26 Aug 29 200 484 01H H 80 H Pacific Tel A Tel Feb 80 93 Aug 18 White Motor Co 6,200 43 1 H..: 1961 J ser I....11KS6 J 1st A ref mtire 3« ser J 1970 J i*Pu; RR of Mo 1st §♦26 ext gold 5s Jau 1(H) White Dental Mfg(The SS) .20 11,700 67 H 41U 39 100 H ser 1st 4sseries B 800 40 4Hs..... 1962 Panhandle East P L 3s B —...I960 MN Jan 25% July 31 74% Jan IS $5 conv prior prct...No par 100 66 H ,/ Ore Wash RR A Nav4s.....1961 Gen mtge 5s series A 17% -I960;} Feb 35% 16% Jum '§ 3% Dei 4 90 250 734 67'4 404 — V #%" Jan 1% Jan 0% Nov May 18% May 26% Sept .9 6% Dec 3 77 Dec 5 60 1% 62% 3 Der 3 6 Wheenng Steel Corp...No par 2,500 ./ 1938 J 3%» ser B...1966 .4 O Ref mtge 3 %s scries C is.. 1966 J D Paducah A III lsts fg 4H»—-1955 J J 1047g Jum Feb 19 Feb 16% Mar 65% Mar . .100 1% 104 89 105 54%, conv pref—1 WilcoX Oil & Gas Col——.6 62% 6 $1.50 preferred—.No par 1.500 55 23% May Wheeling & LErle Ry Co. 100 110 "16 1% *98 63 1st 390 - 54 22% 51% .97# Nov 16% May % Mar 11 6 Westlnghousc El A Mfg....50 19,800 1% *48% *50% Jan 25 -100 ?1 14,100 27% i 100 4% 2d preferred. Western Pacific0% pref. 17% 52 *60% 2.000 25% 93% 26% 67 53 Supply Co... 10 Western Maryland....:.. 100 17% 60 5% May 4 9 Western Auto 17% *51 *98 3*300 26% *91 4% 5% *70% 100 Western Union Telegraph. 100 5% 5 5 4% 5% 4% 6% 5% 5% 5% 5% 5% 5% 5% 70% *70% 70 70 70% 70% *70 70% *113% 117 *113% 117 *113% 117 *113% 116% *113% 116% *113% 117 20 20 20i2 20% 21% 2078 21% 22% 23% 23% 23% 23% 26 26 201 26% 26% 26% 27 26% 27 27% 27% 27% ll9% 19% 20 20% *19% 20% 20% 20% 20% 20% *20% 20% *123 135 135 *123 123 123 *122 140 *122 140 140f *123 *112% 130 411211 125 *112% 125 *112% 125 *112% 125 ' *1121# 125; 5% 44% pf.100 Co No par 6% preferred.... 300 *54 . West Va Pulp A Pap 2,700 93% *1% 1% West Penn Pr Co u 60 67 130 400 7% *91 26% 310 " 564 71 4s.. .1948 J J .1943 M S gu g Pa Ohio A l)et 1st & ref 4H« A 7% preferred 6% preferred % 25% *54 1% 1% 1% *6 4 9 .No par T,8oo 9% Apr 22% Jan 105% Jan l%Juiie .....100 21% 180 464 Jan 71 120 6% Sept 1 Webster Elseolohr "20% 77% 78t4 *120 123% 119% 120 30% 29% 29% *28 *33 *32% 34 34 110% 110% *110% 111 67% 67 14 19 17% *90 26% 7% 26% 32% 110% 110% " 17% *54 25% 21% J M*Og& L Cham 1st 3 Nov %Nov 17 '13% Apr 19 2% Feb 19 Pipe....No par Wayne Pump Co...1. 400 67 60 ' Apr June 21 3%May 13 No par Warren Fdy & 2,200 a:12% Feb 13 4 .5 230 71 25% 94 *59% $3,85 preferred 2,700 13% 2% 1 25%May 31 100 7% preferred Warner Bros Pictures 200 13% % 25% 60 *101 pref...—Wo Par Ward Baking Co cl A ..No par Class B —Wo par 35-% I'll 78 * 72 (Mi in) 1st A ref M 3 Hs..—.1967 F A (Wise) 1st mtge 3H» '.^.'.1904 M 8 Northwestern Teleg 4 Hs est —: 1944 J 39%" May 109 6% Jan 6 36 Sept 18 15% Sept 18 3% Dec Walk(H)Good A W Ltd No par 20 f *6 in % *54 66% ■ .....No par 35% *2 71 100 H% pref with warr 20 "11 7% Nov 18 17% Apr 22 -96%J line 27 No par ...No par — 35% 167« 14 % *—•-. O Dei 3%s 1st A ref mtge 3Hs Walwcrtli Co 430 03 O Northern States Power Co 1st A ref mtge 20 13% *21% 71% 71% *88 *70% : 115 128 117% July 1% May 23% Sept 16 42 33% Nov 19 31% Mar 29 25 Waldorf System.. Dlv redeem 123 113 Jan % 35% May 66% Jan 60 Aug 14 1% Nov 26 19% Apr 22 Preferred " 117 Jan it-fr. 1st mtge 4s 112 8 2% Jan 2 28% July 8 118% July 23 Cliem....No par 6% dlv partic preferred. 100 6% preferred 3~5o6 % 800 19% 6% 132,900 106 122H 70 June 2 10 19 600 14% 1074 *115 H *113 H 159 22% Dec 20% Aug 112%Sept 23 39%Jilr.e 2 27% Sept 10 4 3% 93% 93% *92% 94% 93% 93% 93% 931" 104% 104% *104% 105 101% 105 104% 105 93 93 95 96% 95% *93 94% 95 117 117 117% 117% *116% 118 *117 117 *18 18 187« *18 18% *18 18% 17% 105% 107 *105% 107 *105% 107 *105% 107 27 25% 26% 27 26% 27 27% 27% 21" 2% 2% 2% 2% 2% 2% 2% % 24% 75% *20% 2l" 2047 J Ohio Ediflon 1st mtge 4s... Mar 13 Walgreen Co. 104 1034 107 52 H 52 H Ohio Connecting Ry 1st 48.. 20 7% preferred *104% 105% *104% 105% *1% 4% 105 % 18% 13% 2% *75 . ' 76 74 104% *104 3% 9 % 19% 16% 4% 16 351 16% *13% 19 " 5% *14 700 108 1294 1054 1254 1294 1054 103 .2047 Feb Works. ——5 Virginian Ry Co 1,800 28 l-.-Jt'lv \:b: 1044 Ref & impt 5s series C 19 Aug 20 Va Iron Coal A Coke 8 " V 77 1044 2% Apt 63% Dec 18% Nov 437i May 60 110 19 7% 8 12 /'•J.; 1044 61H Pacific Coast Co 1st g5s Pacific Gas & El 4s series G 19 274 29 28 104 H 2047 May Aug 20 300 19 7V. 19 19% 19% *104 *104 105 264 124 124 104 H Rer A impt 6s series B Jum 60 5 Vulcan Detiiining Co ' '8 8 19% 27H 27 H MH A pi W *18% 25 H A 2047 J 25 -100 1,200 954 109 24 64 1124 1084 1104 ICS 1044 109 A ./ F Q A 12 Mar 26 ""mo ... 1084 1114 92 102'%, "4 129 129 A Q 1997 0 4s registered : 3 July 30 Va-Carolina M — 6 57 2,000 A 1974 M 8 Dec 1 45 Victor Chemical 95 t 34% Jail 31 Apr 18 Mar 26 1.400 014 102 % 27H Dec »i« No\ ■'% Aug 28 57 800 32% *102% 110 140 15 ■i 2 Vicks Shrevc A Pac Ry—.100 Vick.Chemical Co 20 *n Jan 19% Dec 5 .100 5% preferred... 35 110 ... 7% 1st preferred 900 24% 1% 23% 140 150 Van Norman Mach Tool..2.50 60 *102 *134 1,300 80 1% 1% 24% 24% 24% or23% *117 118 117 *117 118% *117 .118 17 17 18% 17 17% 17% *16% 1% *24 Vanadium Corp of Ain.Wo par 600 1' Preferred....—100 4,700 57 .... 60 *.... V 154 104 O .'...No par VadscoSales 150 30 20% 20% 20% 120V 21% 10% 10% 10% *10% 10% 24% 25l,i 25% :*25%r25% *112% 114 113% *112% 114 41% *41% 42% *41% 42% .... 60 .... % 30 30 31 24% •% %» '' •% —- 40 9 '-j 94 *100 ♦1st gtd g 5s 1945 A ♦1st mtge g 5s (stamped can¬ cellation of guarantee).... 1945 A ♦Certificates of deposit V %» *iiih 102H A Ref A impt 4.Hs series A 2% 45 91 1114- 111H *U0H -4 102 H 103 Gen lien ry A Id g 3*—s .Jan 2047 Q 3s registered 2047 60 134% Jum Jan 21 1974 Gen A ref 4 Hs scries A JNorthern Ohio Ry-r- Nov 39% Dee *..-. "3% Apr 130 42i# jum ,r50% Nov 28 43% Nov 12 100 8% preferred...... 42 26 20 13" 13 High 1054 IO84 *2H- 25 H 1954 F .........1959 F North Cent gen & ref 5s Apr 67% Nov 103% May 29% Dec Jan 13 F . North Pacific prior lien 4s...... 1997 70%. Jan 6 130 Nov 29 21% Nov 17 42 Mar 27 No par Universal-Cyclops Steel Corp 1 Universal Leaf Tobi.-.Wo oar 10 *153 ... U S Steel Corp 49% *56 50 *153 100 23% *48 % •% *56 52 50% *163 ®8 ' *56% 3,800 % ' 57 50,700 23% % » - »u 49% 52% 116% 51% 116 23% 22% *48 50 "it 52% 115% 116% 23% 22% 50 57 52 153 23% - 115% 115 52 52% 51% 115% 22% 50 *48 52% 50% 115 3)^8 Debenture 4s Jan 39 24 68% May 60 76% Jan 29 Low 21 May 38% 21%Jun< 27% Jum Debenture • Apr 74 — Norf A Western Rv 1st, g 4»—.1996 O North Anter Co del) 3 Ms 1949 F 7% Apr 3% May 34% Feb 26 Sept 24 2% July 23 2812 Sept 17 Nov Dpc 0 '"^1 A ization manager) 5s 1901 ♦Ctfs of dep (issued by reorgan¬ ization manager) 5s 1941 6% Ma' 35 48 34 33 • Nlag Lock & Out Pow 1st 5s A. 1955 A O Niagara Share (Mo) deb 5^8—1950 MN Jan • 25t2 July y High >108 % No .10714 .1946 — }S*Norf South 1st A ref 5s—... 1961 May 4 dan. 1 Asked J M*N Y West & Bost, 1st 4^s.. 1946 J J Niagara Falls Power 3V5s.' 1966 M ' 51 60% 115% 115% 22% 22% 507« 50% 115 t Range, Since Is A Low J ...1967 „ . Dec 165 2% May — — Nov '89 June 12 Tclep 31lis ser B: 6s stamped- Jan Jam 31% Aug 691.1 Nov 17 ....50 Preferred 1 r May 12% 5% May 4% Aug 13 10% Sept 16 105 2 }U S Realty & Impt— .No par h 26% 52% 51% *73 5,300 » 26 98 i Dec , 50 9%June 27 /; 43 Prior preferred..——.100 ■ *4 78 23% 24% 101% 101% 50% 51% July 19 Feb 10 ' h '""'78 23% 101 July 22 33" 400 400 19 13 Bid Price 1940 F ,4 1943 M N . 15 07 Jan . f57g 7% A pi De< . —... l!8 13% Mm Maj 3% 80 69% Jail .8 183 .Jan 14 4% Feb 17 50 U S Industrial Alcohol.WO W 6,300 200 3 0 July 28 — -... — ' U 8 Hoffman Mach Corp... 1,300 22% 4 6% Feb 19 8% Mar 4 .100 No par 7% preferred.. s! 5 (Conf .) .1963 J .1937 J 1937 F — W 1st ref 6s § *2d gold 4 Hs. i § ♦General gold 5s. ♦Terminal 1st gold 5s 65% Mar D«T 27* May ?5% M»J 60 May 93% Oct 24 44% Nov 12 ——'20 100 170 Apr 23 3,100 23% 24% *29% .29% 4% Sept 4 7% 106 *22% 84 3% 7% *98 1021,1 103 105% 30% *22% *33 3% 3% 7% 7% 7% *103 39% 3% 3% 7% 7% 103 *33* 31 30% 3 3 7% 105% 39*2 *33 30% 29% 3 3 105% *103 *i03 39' *30 2% Apr 10 2% Feb 19 ....10 3% 3% 3% 3% 91 to 3% > *90 f Highest * 3% May 3% Sept 10 51 Play 29 60 105 per shan % 7 *90 finiVi i" i Friday Lowest share $ 6%Sept, 18 No "ar $5. preferred No mr United Met & Manu Inc v t c J $ per share $ United Gas Improv't ..No nar 1,600 13% .. United Fruit Co 200.1 106% 'Par 4 i BONDS Week-Ended Dec. 5 Lowest ;:M 150 47 4% 4% 106% *105% 106 131-2 5% 3 48% 48 478 1001-2 *104 *104 5% *2% 48 *1% 5 : 5% 3 *2% 48 48% *48 f)'H 5% $ per share ' ii in ii N. Y. STOCK EXCHANGE Railroad & Indus. Cos^ $ per share 6 57S ■ Year 1940 EXCHANGE Friday Dec, 5 Wednesday Dec. 3 1 " Ranotfor Previous On Pasts of \m-Share Lots STOCK NEW YORK 1 Hattye Since Jan STOCKS for " NEW YORK BOND RECORD NEW YORK STOCK RECORD LOW AND HIGH ' D . 514 694- 52 70 52 70 *1084 100 *1194 117 *994 1084 1194 Volume 154 Number 4017 THE COMMERCIAL & FINANCIAL CHRONICLE 1403 NEW YORK BOND RECORD N. Y. STOCK o at EXCHANGE Bid 88 m -..1950 J 86 89 M % Public Service El A Gas 3 '4s. ,1968 J 1st & ret mtge 5s 2037 J 1st & ret mtge 8s 2037 J 3 % Pub Serv of Nor 111 3%s_. 1968 A t deb 5s..... 1948 J *63 0 105% N. Y. STOCK EXCHANGE Week Ended Dec. 5 No. Low 89m 91 90% 97 m 3% 85 2% 87 5 % 4s 87 .« 110% 105 % 104 Gen A ret 4 Mis series A Gen A ref 4 %s series B Remington Rand deb 3 1997 J 1997 J .— — 79 Gen mtge 4 Ms series C 77 % 78 % 1956 J 102m 104% 104% 1956 WN 104% Revere Copper A Brass 3%s... 1960 M N ♦ltheinelbe Union sf7s 1946 J ♦3%s assented 79 78m 103 77% 103 Republic Steel Corp 4 Ms ser B. 1961 F A Pur mon 1st M conv 5%B—. 1954 M N 72 104% 104% 104% 104 m 101m *7m 1946 J 72 - 76 84 m ----- ii *7 ♦Rhine-Ruhr Water Serv CS...1953 J J 1950 M N ♦Rhine-Westphalia 101 Pr 7s... ♦Direct mtge 6s 6 % % 5% 1952 J/N ....1953 F A 4s s 6% 6% ♦Rima Steel 1st s 49% *45% 50% 223 37% 34% 53% 50'4 49% 51% 49% 49% 49% 243 44% 40% 48% 57% assented C..... ...1951 ♦Sink fund deb 6 %sser A ...1947 39% 39% 48% 55% 55% 82 ♦3% assented A -.1947 United Stockyds 4%s w w ...1951 Utah Lt A Trac 1st A ref 5s. ...1944 71 88 Utah Power & Light 1st 5s. ...1944 57% 70% 89% "94% Gold 4Mb-—---v.. Gold 4Ms... ... 1952 M fi f 7s 1955 F gu 104 *6 Grande West 1st g 4s.. 1939 Gen mtge 3%s series J 1969 M {{•R I Ark A Louis lst4%8„. 13% 17 m 26M 17 m 6% 26% 1950 .4 .1955 J 95 7 18 131 110 ♦§Rlv A G 1)1 v 1st g 48..... 1933 UN •Certificates of deposit.. {♦fit L Peor A N W 1st gu 5s.. 1948 ./ 110% 12 4 M« series A—. — 34 82% J 96% % J O 61 90% 59% 92% 61% 224 57 O 82 81% 83 120 75 1956 o 87m •87 88% 130 79 : 1996 J 80 % •80% 80% 2 78 86 J 80 1 72 81 12 % 12 D J 60 70 93 60 64 71 72 m 72 64h 64m 34 35 25 83% 54 % Company 3s deb 4s re 5s series C Jan 1960 A 37 9 53 13% 13 % 13% 9m 9% 201 80 78 r 17% 1968 J D 106 57 Trenton G A El 1st g 5s 34 H 3 35 % 18% 17% J J L. S Scioto V A N £ 1st BU 4s.....1989 MN 1950 A O 1950 A O Oct 1949 F A g stamped 12 ♦Guar see s f 7s. 1.........1952 F 7s s f ..1933 % 6% 5% 5M 5 7 6% 6% 6m m~s t ♦Seaboard All Fla 6s A ctfs.. .1935 F A ♦6s Series B certificates.....1935 F Shell Union Oil 2mb debs.....1954 J 3% A 4 J 99 % 2%ssf debs........... i_ —1961 J J Phinyetmi El Pow 1st 6M»--.-1952 J D & Halska deb 6Ms.-.1951 M S 100M i. 1946 F A {{♦Bilesian-Am Corp coll tr 7s. 1941 F A filmmons Co deb 4s.. 6% 78 3% 2)4 4)4 3)4 3 1.00S..L.. . . J South A Nor Ala RR gu 5s.... 1963 A O 1962 A O .1979 Southern Colo Power 6s A.... .1947 J 74 O 107% 75% 168 12 106% 108% 93%- »5% 106% 106% *99% 11942 MN ... *100 1 1943 MN *100% *100% *100% 100% 100% May .1 1945 MN 1.625s_W..„.—;~Nov 1 1945 MN *100% *100% 1.75s May 1 1946 MN *101% 1.80s... .NOV 1 1946 MN 1.85s... .May 1 *101% *101% 1947 MN 20 - 42 97 1 1949 MN 1 1949 MN 2.15s .May 29)4 54 2.20s..j .Npv 1 1950 MN 43 45m 27 2.25s........ .May 1 1951 MN 101)4 7)4 85 2.308,.'..— 1,1950 MN .Nov 1 1951 102% 103 102)4 104 % 2.35s... .May 1 1952 MN 103% 103M 101)4 104m 2.40s .Nbv 1 1952 MN .. 107 % 103)4 107 m 119 .May 2.50si....J.. 122m .Nov *101% 101% 2.65s .May 1 1955 MN 105m 105 % 104 . West Shore 1st 4s guar. Registered. _ . 69 82 - 35% 61% w 52% " 84 r 7% 12 1 74% 24% 24% 65 23% 26 23% 42 22% 22% 38 99 7% 21% 7% 24% 21% 74% 24% 23% 23% 22% 22% 23% 18 7% 26 23% 23% 9 77% 87 91 98 97 88% 37% 92% 97 51% 89 32 38% .... 65 73% 106% 108% 71% ii'-'i'. 109 i» 125 125% 110 111 110 111 99% 97 100 ~'• i w "8 124% 128% 107% 111 1 1 110% 114 109% 112%. ""69 100% 101% 104% 104% 25% -''5 88% 95% 99% 104% 34 ' "24% 24 23% 83% 23 24% 83% 168 82% 86 85 86% 62 84 84 85% 93 6 6% 15 104% J07 06 49 .....2361 2361 46 43% 45% 43 74 27 16 56% 155 40% 52 96 % 106% 103% 10O 100 Winston-Salem S B 1st 4s L—— geu 4s...1949 J 101% 105 112% 115 66 92% 96% 105% 107% 104% 6 ! 10 103 1 *114% 114 , 115 39 4(>" 98 27 43% 37% 38 11 26% 10% 10 10% 9% 8 42% 13% 110% 1 I-II 110% *109% *12% 39% _ A ter 1st 4s..1936 MN 86% 41% , 114 96 89 "46% "97 46% 106% 103% 29% 86% 6 104 96% 30% 15 L—— *102% S 114 114 > 15 15 71% 73% ■ of deposit.. 9% ; 4%s_.1943 75% 23% 84 71% *106% *108% 26% 45% 74% 22% 7% 20 27" 26 23% 101% 1960 J 32% M.' ' 1 26% 26% J .. " 12 90% 4 East 1st 2 89% 1 ♦Certificates 80% 80% 35% 32% *112 Wilson A Co 1st M 4s A 1955 J Conv deb 3%w..1947 A {♦fiu A Du div 44 73% 30 M 90% West Va Pulp A Paper 3a.....1954 Wheeling A L E.RR 4s... 1949 {♦Wis Cent' 50-yr 1st M «« O Wheeling Steel 1st 3%s ser B—1966 7 2 — 7% 13% 108% 111% 106% 110 j >*-•« 100% 102 100 102% 102 100% 102 % 100% 102% 10O Youngstown Sheet A Tube- 103% 102% 100 Con v deb 4s 1948 1st mtge s f 3%s ser D 1960 102% 102 102% 102% 102% 22 101% 103% 96% 103% 17 100% 103 100 103% 103% 100% 104% 100 *01% 102% 100% 104 100% 104 101% 102 102 102 100 103% 100% 104% 103% 100% 104% 102 104% 102 103 74 13 *32% *32% 86 Un El Power 6s..1953 With declaration {♦Wor A Conn 103 108 m 90 65 ... *32 iM.-- ...I960 ....t 101 -102 1 1954 MN . 102% *101% 1 1954 MN .Nov 97 1) 100 1 1953 MN .May 2.603 ♦Westphalia .1951 100 11953 MN 2.55s..i. 106 % 109m 109% 100m 101% MN 109m 109 % 108m 101% 25-year gold 5s 30-year 5s.. i'„ L 101% *102%*101% 102% *102 102% 101% 102%! *101% 102% .May 54% 84% 106% 100% 51 L 83% *95% 96% 88% . ..... *101% -Nov O 1948 M 3 6s...1941 M S Wisconsin Elec Power 3%s 1968 A Wise Public Service 3%s.....l971 J *101% —..^4- .1955 .4 84 100 100% 100% 102 1 1947 MN 2.10s... O ♦Certificates of deposit,., 1 1948 MN 2.03s. 1955 .4 10O 100% 100% 100% 101 100% ie*% .... *100% . .Nov ...... O "23% Western Maryland 1st 4s.....1952 A 1st A ref 5%s series A.__...1977 J 5 1 1948 MN 101 100% 107% .ivlay . 96 96% 101% .Nov 100 % 112% 102% 107% 104% 107% 65% 78 82% 95% 74 95% 110 99% 1.95s..L..... 2m — Washington Cent 1st gold 4s..l948 Q M Wash Term lstgu 3%s._ 1945 F A 1st 40-year guar 4s ,1945 P A , 107% 1.90s.......- 107 J 99 35% 23% 22% 22% 21% 22% 22% 23% 22% 8 106% 2.00s.-'..—.- ♦118 J 99% 4m 4m 99 % 31 108 m .1971 MN "99% 17% 94)4 5 6m 9m 8)4 , Western Union Teleg g 4%s... 1950 MN "98% 35 23 24% 23% 1 (assented).. deb 20 *75% 74% .4 110% 114% 1.50s.. 2.45s.... Socony-Vacuum Oil 3s debs... 1964 J South Bell Tel A Tel 3%s 3s debentures.. . 1976 F Warner Bros Pict 6s debs 67 233 26 (assented).. _ 80% 80% 34% 26% 26% 101% 107% 1.125s.i_. Nov ' 1 1943 MN 1.253. J......X'-.tMay -1 1944 MN 1.376s Xi. k J. No v 1 1944 MN ■ WA O ♦Ctfs of dep (reorg mgr) {♦Wabash Ry ref A gen 5%s A. 1975 M S ♦Ctfs of deposit ♦Ref gen 5s series B... 77 77 33% 82 • 19411A ♦Ctfs of dej) (reorg mgr) {♦Toledo A Chic Div g 4s..1! {{♦Warren Bros Co 90 111 *73 ♦Ctfs of dep (reorg mgr).... {(♦Omaha Div 1st g 3%s 6s debentures 113% 3 90 *05 111% .. May 81 67% *05 106 . -'.-Nov 109 k "35*% 111 2% 8 59% 98% 104% 99% 105% 110% 108% 112 108% : 105% 10m 46 15 33 91% 109 56 mgr)... 8*Det A Chic Ext 1st 5s....1: ♦C'tfs of dep (renrg mgr) §4Des Moines Div 1st 4s l! 111 15 4 8 31% 33% 100 110 67% 80% 105% "98% hV% 67 80 WestNYAPa gen gold 4s... 1943 A O {♦Western Pac 1st 5s ser A..-.1946 M S ♦5s assented.... .... .1946 M S .1970 AO *110% *110% *110% 27 y 66% 1 102Xt107 J 101 > 109 5% 102X2 A 28 31 3 .....I ♦Ctte of dep (reorg mgr).__ Walworth Co 1st M 4s 20% 25 9% 9% 21% - ' 102X2 60 99% i07% - 98% 101% 101% *88 102 Mi May 1 1942 MN .875s.... S J 68 4 *5 A . L. M Westchester Ltg 5s stpd gtd... 1950 J !> Gen mtge 3%s_ 1967 J D West Penn Power 1st 5s E 1963 M S 1st mtge 3%s series I .1966 J 17 *20 M 1952 AO Skelly Oil 3s debs............1950 F 36 197 105% 8% *6% 3% 3% t 6% 5M 7m 107 7 5m ■'"V'ii 98 101 93% 102% 4 t 101 Warren RR 1st ref gug 3%s...2000 F A *106 33 33% 20 "'2 1 High ■9% ■ . 9% *6% 98% ♦CtfS of dep (reorg mgr)... ♦1st Men g term 4s .....1: ♦Otfs of dep (reorg 97% United States Steel Corp—• Serial debentures -■ j • ,75s ..... -V ^' ♦Ctfs of deposit (assented)..__ 1980 .4 *120 16 m 99% ♦Siemens ♦Silesia Elec Corp 6%8. .. 16% 1% 7% 88% 102% ...... J ) C....1978 A O 70% 86% 103xj 104% 86% ..... 102% I 1966 . .. . A .1947 J .1947 . 102)4 106 % 8M H 90 83 *102»« Ret mtge 3 Ms ser A.. i l. .1980 J D United Biscuit 3Ms debs^.a. .1955 A O 4M 62 24 89% 86% 192% — 9% ; 5s..i_„._..Msg ♦Ctfs of deposit (assented) ♦Ref A gen 4%s series 48% 44% 30% 5 34-year 3 Ms deb 35-year 3 Ms 121m 124)4 1 27 36 111 4s registered.. i 11% 15 36 . 9% tWabash RR Co— §*lst gold 5s 99% 101% 112% 99)4 9 24 101 33 35m 81 *3 14 66% United Drug Co (Del) 5s.... .1953 M S UNJ RR A Canal gen 4s. .1944 M S 1 12m 12% 11% 1 — gu 4s. *100 48% 115 112% 22% ' 52% 16% 65 .1945 M S 1st A land grant 48. 64m ' 4 3Ms._. .1971 MN ♦Union Elec Ry (Chic) 5s... .1945 A O 9% 2 30 118 U 80 6H 70m 69 63% 63% Low W 87% 94% 102% 107% 102% 107% 78 98% 99% 108% 62% 75% 75 61% 61% 74% 96% 104% 85 104 15% J 45 16 62% 62% 103% 51% A United Cigar-Whelan Sts 5s. .1952 A 20 64 N 41)4 112 63 m % 15 m I> 42 ... 12 11 % - 3% 8% 99% 102 % . ' *124 % .1959 A O ♦Certificates of deposit a ♦1st cons6sseries A........1945 US ♦Certificates of deposit {{•Atl A Blrm 1st 3% 8% 99% 102% 99% 2 .1949 M S ♦Tyrol Hydro-El-Pow 7Ms...1955 M 16m 15)4 78 cons ♦Ctfs of deposit 35m 17 m 82 M 99% 102% J Trl-Cont Corp 5s conv deb A. 11953 J 16 69 112 *98% 102% •63% 1 — ) 5s.'....2003 gu 1st Virginian Ry 3% series A 123% 128% 110% 113% 108% 112% .. 15)4 16 m 9)4 9m 60 80 57 ~ 15 1 21 No. 10% 9% ....— ♦Ref A gen 5s series D Union Oil of Calif 6s series A.. .1942 F 3s debentures .1959 F Union Pacific RR— 13M 88% 107% 107% 51 O 1937 J 1st 6s dollar series...1953 J With declaration... i . r. * 75x »M 88% 107% High Since Jan. OS > Va Iron Coal A Coke 1st g 5s.. 1949 Va A Southwest 1st 34% 36% 103% 106% 105% 100% 109% 100% 104% 10 !i 10% 1951 cons g 4sseries A. 1955 Cons s f 4s series B......... 1957 Va Elec A Pow 3%s ser B..._Il908 89 103 13 107% 63m _ 15M 13 % J A I 33 49 Low Vandalia RR 65% 84% • 109% 112% 104% 109 126% 110% 1"% 107 O Union Elec-Co of Mb 11X 1990 J J {♦4s O ./ Ujigawa Elec Power 13% 12% 35 F 5 16 13 *124% 110% 111% D 50 12% J {♦fit Paul EGrTrk 1st 4M»---1947 {{♦fit P A K C fill I. gu 4%S.,1941 80 112 110,X ...1965 MN 39 13M J Santa Fe Pres A Phen 1st 5s. .M942 M ♦Adjustment 5s.. j ♦Refunding 4s A 67 m "lT% 12% S A A Ar Pass 1st gu g 4s.....1943 J {Seaboard Air Line Ry— §♦181 g 4s unstamped.... .1959 r 74m 41m 83)4 149 f 6 %s series C... A Range or Asked Friday's Btd V Tokyo Elec Light Co Ltd— 107m 112 61 *45 12 ....1989 M N con g 80 "70 108 112% 108% 34% 34% 105% 105x 106% 105 104% 105% 107 m 107 H 107% *103% 104% J 1961 _ fit Paul A Dul 1st J International 4%s.. 2013 ♦AdJ income 5s__ J ♦Third Ave RR 1st g 5 s 97 m 12M {♦fit Louis-Southwestern Ry— ♦Gen A ref g 5s series A J) 90x .4... .1979 O Gen A ref 5s scries D1980 JO Tex Pac Mo PacTer 5Ms A...1964 M S Tldrd Ave Ry 1st ref 4s ..I960 J J 9m 85 12 ♦Ctfc of deposit stamped...^ ♦1st 4s bond ctfs 1951 1964 1968 2)4 debenture............. 1953 Gen A 9 *55 81X *52% J ♦2d 4s ine bond ctfs-.uNov 1989 j J♦ 1st term A unifying 5s....1952 J 228 - 1956 g 3s debentures 31 7)4 3m 4)4 11M aFS 1978 .. 63 1956 cons Texas A N O con gold 5s......1943 Texas A Pacific 1st gold 5s 2000 Gen A ref 5s series B 1977 110)4 16)4 10 m 5% 71% fit L Pub Serv 1st mtge 5s 1959 M S St L Rocky Mt A P 5s stpd... 1955 J J ♦Prior lien 5sseries B 1950 J ♦Certificates of deposit....... 61% 9 .1994 St L Iron Mtn A Southern— ♦Con M 513 Devel A gen 4s series A Tenn Coal Iron A RR gen 5S..1951 J J cons 5s 1944 F A Gen refund s f g 4s ...11953 J J Texarkana A Ft S gu 5Ms A. r. 1950 P A 110 107 108% lien 4s A. ...1950 J of deposit..... 82 82% * 451 610 s Range Sale ) ♦3%s J Tol A Ohio Cent ref A impt 3;Msl960 7D Tol St Lcuis A West 1st 4s....1950 .4 O Tol W V A Ohio 4s series C..".. 1942 M A Toronto Ham A Buff 1st g 4s..1946 J D 1996 pr 5* .1955 Term Assn St L 1st 109)4 109M 5% fit Jos A Grand Island 1st 4s.. 1947 ♦Certificates ... 249 47% 46% 46 % 77% 81% ♦Sec §*2d gold 5s... 48 % 50 131 ..... fit Lawr A Adlr 1st g 5s...... 1996 {♦fit L-San Fr 82 m O Studebaker Corp conv deb 6s.. 1945 J J Swift A Co 2mb debs......... 1961 MN 9 35 m 15 110% 10% fiagucnay Pow Ltd 1st M 4 Ms. 1966 2d gold 6s 45 J 1941 J 48% 81% Devel A gen 6s.. •Spokane 107 6M *100 11 104 40 13% S 1949 J 23 *iii" 1934 M S 1948 A O t 6s s {♦Rut-Canadian 4s stpd {{♦Rutland RR 4 Ms stpd 104 m li • % *43 M ' 45 - 45 M ♦1st con A coll trust 4s A... 1949 A O Roch Gas A El 4Mb ser D 1977 M S Gen mtge 3Ms series H..... 1967 M ,S Gen mtge 3 Ms series 1 1967 M S •Ruhr Chemical 104 A 1939 5s 48 x Devel A gen 6M«-. Mem Div Ist-g 5s;.__: Texas {{♦Rio Grande June 1st initio 6 *V" 1955 AO i f conv debentures 82 Week's Last Price Railroad & Indus. Cos. {Concl ♦Un Steel Wks Corp 6%s A ...1951 ♦3%s assented A.... 1951 High 14m 27 6m "6% 6 % With declaration ♦Cons mtge 6s Richfield Oil Corp—• No. Low I t2 Week Ended Dec. 5 6% #6% 6 With declaration ♦Cons mtge 6s High 1 Friday BONDS STOCK EXCHANGE N. Y. Since Jan. 05 tc 49% Standard Oil N J deb 3s 33 Range or Asked Low M~ S 1968 M 1969 M N 1981 UN St Louis Div 1st g 4s..;. So'western Bell Tel 3 Ms B 1st A ref 3s series 76m 84 102m 103 102m 104 % 103% 105-m 103 106m 98 % 102 9m 28)4 104 m *100 65m & 49 Southern lty 1st 71 Bid .1949 .... So Pac RR 1st ref guar 4s R O Friday's 1st 4Ms (Oregon Lines) A...1977 1st 4s stamped..... Reading Co Jersey Cent coll 4s. 1951 A Range Sale Gold 4Ms...... San 1-Yan Term 1st 4s 100 Week's Last Price 10-year secured 3)48.......1940 J 218M 224 108 % him ----- 105m - 153 142 s (Cent Pac coll). ...1949 J D 4s registered.... 10 9X 112% ...... Frtaug ist Railroad & Indus. Cos. (Com.) Southern Pacific C0-7- . v . High 77 H 153 *112m *151m *223m 110% D BONDS Since 105 m 107 m 107 HUM *110% 90% 1951 J Sec guar deb 48..1957 M N Term 1st 4s 1959 M H s High c *106 Pressed Steel Car deb 5s Purity Bakeries c a;tc St! Range is Asked Low Potomac El Pow 1st M 3%s_„196(5 J improvidence A Jan. 1 or Friday's Price Railroad & Indus. Cos. (Cont.) Port Gen Elee 1st 4%s ..I960 M S {♦Providence Range Sale Week Ended Dec. 5 1st 5s extended to Week's Friday \ Last I £•§ i» BONDS 102% ' a Deferred delivery sale not Included In the year's range, d Ex-Interest, e Odd-lot in the year's range, n Uiuler-the-rule sale not included In the / Cash sale not Included In the year's range. sale not included year's range. { Negotiability Impaired by maturity, t The price represented Is the dollar quota¬ tion per 200-pound unit of bonds. Accrued Interest payable at the exchange rate of $4.8484. 100 102!.. 102 *102% *102% 101 { Companies reported as being In bankruptcy, receivership, or reorganized under Seotion 77 of the Bankruptcy Act, or securities assumed by such companies. ♦ Friday's bid and asked price. ♦ Bonds selling flat. No sales transacted during current week. MEW YORK CURB EXCHANGE WEEKLY NOTICE—Cash footnote In the and week deferred delivery sales In. which they occur. disregarded In are No account is the taken of AND, YEARLY week's range unless they are the only such sales in computing RECORD transactions of the week, and when selling outside the regular weekly range are shown In a the range for the year. In the following extensive list we furnish a complete record of the transactions on the New York Curb Exchange for the week beginning on Saturday(Nov. 29, 1941) and ending the present Friday (Dec. 5, 1941). It is compiled entirely from the daily reports of the Curb Exchange itself, and is in¬ tended to include every security, whether stock or bond, in which any dealings have occurred during the current year. last Friday Sates Last STOCKS Week's Range Sale Par of Prices High Price Low for Friday Range Since Jan. 1.1941 Week Shares STOCKS Loto High Friday " Last (Continued) Week's Range Salt Par for of Prices Price Low ■ Range Since Jan. 1. 1941 i•' Low 19 21 Supply Mfg Class A. 1 Class B 1 Alnsworth Mfg common..5 Air Associates Inc (N J)-.l Aircraft Access Corp...50c Air Investors common...2 5% 5% 6 4% 4% 7% 4% 7% : 1% 1% Conv preferred-...——* Warrants 8% 1% 1% '■S H 1% ■ 200 16% Mar 23 200 21 Nov 500 5 22% 6% 6% 3% Nov 6% Nov 200 J; 1% Nov 1 1,000 Apr 900 20 Alabama Power Co $7 pf.* $6 preferred .i* see page "si" "79% "si" 106% 108 i. 1407. 97 97 Jury 1,500 .1 Alabama Gt Southern..50 For footnotes 19% 21 ' Feb 12% 2% 1% 26 *32 nov 70 75% 180 103% 94)4 30 Jan Jan Jan July Jan Jan Allied Products (Mich)..10 Class A conv com....25 Altorfer Bros ' ''.V'V ' ■ • • common- ' Aluminum Co common, i. * '105. 6% preferred:..—*.-.100 111% Aluminum Goods Mfg...* Aluminum Indtlstriekcom * 99 * Aluminium Ltd common:* 71 6% preferred....—.100 91 111% Mar 103 Mar Afnericah Beverage com.rl American Book Co 100 Oct Amer Box Board Co com.l 1% Oct American Capital— Class A common 10c 2 Apr Common class B 10c 21 Dec $3 preferred— 18% Apr 22% Jan $5.50 prior pref 4% May 4 May 3,800 99 Nov 800 110 300 12 Mar 6 Nov 18% 7% 65 May 70 Oct 99% Apr Sales Week's Range of Prices High Low Range Since Jan. 1. 1941 for Week Shares Low 3% Me 300 *32 *3! 400 7% 7% 300 16- 7% High, Nov j 5% July he Nov 1% May Sept Dec 3S» Aug 11% Mar 68% Jan Feb Feb 7% 63 .* 155 116 July Jan Jan Conv class A_. .25 Class A 15% 25 ' "68% "71" "i*206 92% * Price Apr ; Amer Cities Power & Lt— ' 106 111% 114 " 13 a:13% 91 2% Feb ' Jan Par Nov Jan Jan Oct Jan Sept Sale ; 14 1 % ""20% *"i8% 'il- *1*250 Sept 91 High 2% May % Mar L- $3conv preferred..—..* Acme Wire Co common.10 Aero Last (Continued) Shares Alles A Fisher Inc com.. Alliance Investment...a.* mm'L Alllad Intl Investing— STOCKS Week High 91 200 Aug Jan Sept Class B Class B 14% 14% 1 , 16% 3i« 35 37 10 "38% 37% 38% Abaer Export Lines com—1 26% 26 r; 27 n-v 1,725 750 16 % Amer Cyanamld class A. 10 13% Nov 28% 13% Nov 26% % Nov 4,500 % Jan 20 35 Jan 41 10,700 31 Feb 42% July Apr 29 Nov Aug * "22% "22% "22% L'""i6o "id 22 Nov Nov ,''i« Sept 35 Jan Amer Foreign Pow warr. %4 " -4,300 2,000 15% — Nov Jan THE Tuesday, December 9, 1941 COMMERCIAL & FINANCIAL CHRONICLE 1404 EXCHANGE NEW YORK CURB STOCKS Salts of Prices Low High Week Sale (Continued,) Par Price arllK 100 Amer General Corp com 10c §2 couv preferred I §2.50 conv preferred... 1 Amer Hard Rubber Co..50 Amer Laundry Much—.20 10SH 2% 4 % %; 3U Amer Meter Co.. ..— - - - * Potash <fc Chemical * 26% Amer American Republics—— 10 "*7K .2 2K Seal Kap common. Amer * %i 48% Superpower Corp com 1st $6 preferred.. 1534 20% 950 1634 27 68 71 hi 47 - - 5 Ref Co-.--l Assoc Breweries of Can.. Associated Elec Industries May Capital City Carman & Co class Jan Class Sept 2% Oct 3% 1,300 m Mar 3% July 1,400 "i» Apr 1% 12 Sept Carter (J Carnation Co Oct Carolina P & L $7 Aug June 103 50 Dec 9,800 "u Dec 2 July 1 24,100 X 634 Dec 2% July Apr 9 Nov 7934 June 96 Mar 3,100 8% 10 91 8% 8% 100 734 June 6% 6% 300 534 Jan 5 5 200 434 Apr 7% 1st partlc Nov j -1 Nov 9,900 %2 400 34 34 500 X T 134 Nov 34 Nov 134 34 2 Jan Jan 72 May Apr 110 Nov 65 Line Co.-50 Atlantic Rayon Corp 1 Atlas Corp warrants 26 3 3 15% 4% & Sons com.5 6% preferred w w——25 6% preferred x-w 25 Avery (B F) 3% 4% 3% 4 13 X 1314 24 % July July Chicago Rivet & Mack...4 Chief Consol Mining....1 July 19 Sept May 534 1 Mar 2 1,700 2K Mar 434 AUg 400 234 Nov 434 July 25 1234 Jan 13 May Nov 1734 75 16 Jan 34 May 34 Nov Feb Jan Apr Sept 3634 9 26 X Purch warrants for com. 3% 26% 27% 2,400 7% preferred...—- -30 Baldwin Rubber Co com 3% 4% 4,500 4% 4% 300 434 K % 1,600 34 Steel... 1 5 Inc..-1 "Ludwlg" 8X 8% 8 $1.20 conv A com Basic Refractories 8 4% Beaunlt Mills Inc com—10 $1,50 couv pref....—20 8% Beech Aircraft Corp 1 Bell Aircraft Corp com—.1 9X 15% 1 Cauada.—100 & Hedges com...* preferred— -* Bellanca Aircraft com 2% 4% 200 7K Oct 400 634 Jan 1034 8X 200 434 200 1234 434 1534 2J4 22 22 9% 15n 2% ion 4,500 ion 2% 2,700 900 Dec Mar Jan Apr Oct Dec May 96 Bell Tel of Conv Ja« Aug 2334 32 Mar Jan Xr common—.* $2.50 preferred—* Bickfords tuc K 9% on K on 34 May 2,600 300 & Machine Co com..—* * 6x x7% 3% 3 Bliss (E W) common..... 1 lix 15% Blue Ridge Corp com 1 h* 716 Mi 34% 35% 5% 5K 5% $3 opt conv pref — Blumenthal (S) & * Co 10% 5 9 24 1234 "7% " T" * 2434 534 114 Jau Oct Nov Oct IK Sept 2034 1,050 Oct 3434 June 3834 Oct 400 534 May 834 July Mar 334 Oct 34 34 Oct 38 K Jan 834 Nov 34 Jan 300 >u 100 I34 Dec 100 34 July 334 Feb 10% 1,100 2,700 534 Feb 9 5,800 7% Apr Nov 30 "l"% "2 TToo Apr Feb 60 1054 ) 8% "2 8% ■ 2034 54 300 50 54 codimon...* ' British Amer x % - ...100 7% preferred Brlllo Mfg Co Olft^s A "2% "2% "Too — Class B.—_........ " ' ■ ■ Oil ' 1 30 Preferred..—100 ' ' ii*— 134 5 Jan 34 Jan July 1134 Sept 634 23i Am dep rets 8% 8% 434 34 Aug 1434 Nov Jan 1034 12% Apr Am dep rets 8 May 1034 Sept 6 July 834 Oct 34 ord reg.. 10s preferred......* Cluss A Brown Forman IX 8% 8% 8% Distillers. 1 $6 preferred— Brown 22% 2% 50% ... Rubber Co corn.. 1 L) Co common.5 % 1 2% 52% 450 Jan Feb 16 K July 2534 Sept 2,400 1 Dec 234 Jan 300 7 May 1134 Aug 100 30 134 Mar 4 x24% Mar 69 • Bruce (E 960 Nov 73)4 Jan Equity Corp common..10c 10 Jan Dec K 5 K June 1834 6K 8334 July Aug July July 7K July 72 K Aug 104 Mar 102 Mar 5 Nov % Jan 7 Oct 17 Jan K Jan 834 July 41 Oct 4 2% Jan 4 Nov 9 Mar 434 Jail Dec 82% Jan Dec 60 % Mar 53,900 Ijh Dec >n % 200 34 15)4 Dec Nov 24% 400 1,800 «»• IK 5134 11734 200 ...5 1 ""134 110 134 134 134 26 K 26 '"§34 1 IK 52 K 11734 11734 50 K 110 3K »i« June % Jan Jan 3X 1,900 4,300 50 K June Nov Nov 230 115 May 10 105 Feb 1,500 40 41% 200 $1.60 preferred......25 $5 1st preferred.. * Bunker Hill & Sullivan 2.50 Burco Inc $3 pref ux15% 93 92% 10 —.* 93% 2,100 350 10 10 X 2,700 10% 10% 25 Burma Corp Am dep rets. Burry Biscuit Corp..l2%c 14 Nov 1934 90.34 Nov 9934 934 May 934 Oct 34 Nov 34 Nov Mar Feb 10 % 1 •11 Mar Dec Jan Feb 83 134 Cable Elec Prod com..50c Vot trust ctfs ..50c % % 400 34 June 34 May page * * 34 Feb % Feb Class B voting 85 1407. Feb K Feb 68 Feb 72 Jan "5% *T% "Too he si« ht 15,2)3 "2% 16% 2)4 17 K 2% 1,800 21 21 21% Apr 5)4 May Apr >u 13 Apr 1)4 May 1,250 50 20 Oct 2 June 9K 10 K 2,200 7% May 2)4 2)4 6,500 2 21)4 ""150 Nov 5)4 May Oct 19% 6 1,600 Apr Oot 6 600 106 % 107% 125 35 July 19 June Apr a;96)4 July IK IK 1% 5,300 1 11% 11% U% 12 11% 3,400 9% May Jan 10 25 Feb % Sept 19 Brewing Co..5 1 Fuller (Geo A) Co 12 12K new..l 8% May 18 May 12K 150 1.1% 50 95% 95% 10 3% 3% 100 "*34 """% 500 Gamewell Co 56 conv pf.» Jan 10% 200 .36 36 Apr % 1,100 1 1054 Common—X—1 Couv partlo pref—.15 IK Common. June * Jan Nov 28 Feb 50 Mar 90 Jan ord reg.£l Geu Flreproofing com Gen Gas & El 56 pre! 13. General Investment com.l $6 preferred.....—. - * Gen Outdoor Adv 6% pflOO Gen Pub Serv $6 pref...* Jan 56 conv preferred. 8 8 Dec 11% Jan General Tire <fe Rubber 11 Jan 37 Jan 734 32 5K 82 134 1534 IK K 534 29 % 550 434 Feb >u Dec "is Dec 1 10,000 1,500 83 70 IK 16 234 17% 534 34 700 300 200 5,500 1,000 300 4,900 500 1334 14 K 34 4K •' K 11,800 2 Sept Preferred 19 Sept 34 Dec Nov 20 July 734 July % Jan 77% ""170 72 40 23 106% 38% 38% 106% 106% 98 Jan Coal......—* Gcdchaux Sugars class A.* Glen Alden T6k "4034 Apr K Feb Jan 10% 14)4 2% 2% Mar Jan May 7K May 26 8K 200 "*934 "934 "Too 2634 100 26 834 9 3,800 1 IK 45 134 45 800 25 "i*K "134" "loo 1834 "100 —* 2o 1834 1834 Feb 9 13 Aug 20 Mar 8 May 12 Jan Sept 28% Jan 9% Nov 3% Sept 3)4 22% 5K Feb 2)4 Nov IK Feb 35 Jan 99% Feb 1 Jan 29% Mar 8% 17% Nov Jan July 100 Aug 8 Nov 38 Nov $7 preferred- H% 33K 8 10K 30% ' 7K Inc class A IK $3 preferred... — —.—* Mfg common.. 10 Gorham 3K 19)4 stock...* 7% 1st preferred 88% . 1)4 ""400 300 87 128 % 25 "9" 500 Jan 14% Jan 25% June 3)4 Nov 3)4 75 127)4 % 36 K 37 350 8K 9 400 Nov Dec 87 4,400 35 Aug Oct June 7% June % ;• Prod com.25c NOV %i Sept 37% 110K 110% $6 preferred Feb May lu 1,000 4 89)4 % 25 Gulf States Util $5.50 pf.* Jan Feb '""166 "ik*Mar 3% 3% 128 100 Greater N Y Brewery— Gt Northern Paper Dec 4)4 May 300 "28 k "20% 3K Gray Mfg Co .10 Great Atl & Pac Tea— com 650 "Too .50 ,_* Grand Rapids Varnish.. Non-vot 8% 4,700 94 — — ... 35% 37% 110% 110K 110% 110% 6,000 29 Mar 10 109 Mar 20 110% Nov 2% Mar Gypsum Lime & Alabastlne H 5 10 Mar July June Hartford Elec Light—..25 2% July 54 K Nov Hartford Rayon v t C....1 10 Jau Hat Corp 18K Oct 2% 53 K Jau Apr 40% 7)4 June Class B............ Hall Lamp Co 112 June 23% 11% 33K {Guardian Investors.— 35 45 5 ' Greenfield Tap & Die.—.* 8 210 * Gilchrist Co Gorharn 5 Dec *i» 6,000 516 54% 90 — Goodman Mfg Co Apr July July Dec Oct Aug May Oct 54 91(I common..* 2K May 5% Sept 1% Apr 22 % Sept % , 2% Sept 5K 7 6 2% Sept 19)4 Jan 23 K * Gilbert (A C) Nov ht Nov 76 Goldfleld Consol Mines..! 1% 2.50 Jan K May 1% May 4J4 Jan 500 125 Mar 3K May >11 734 10% 40 23 com..1 $3 preferred Georgia Power $6 pref-...* 55 preferred * Jan Feb 77% 100 6% preferred A Gen Water G & E Oct Jan Mar 89 20 May 52)4 May * Sept 34 1)4 Jan IK July 12 K 5,100 5k v 22 70 7% 700 2,500 Gladding McBean & Co.* 134 2% 20 6K Nov Oct 1,300 1,100 12% 99 M« ..1 ;i 'Common.—. .v. Mar 634 12 99 Dec 34 4 General Shareholdings Corp K 8)4 8 5 5 12% 100 Co A stock...* Dec 200 Dec 49)4 July 3% 34 June Amer dep rets May 5 1434 Mar 98 100 5% preferred >u 434 50 8% debenture 100 Derby Oil A Ref Corp com* 6% preferred w w 75 150 Am dep rets bearer... 6K 1 Records common. 1 preferred 125 128% 134 Franklin Co Distilling... 1 200 2 "934 A conv Feb 122 Ford Motor of France— 3,300 Detroit Gasket & Mfg—.1 % Drefshs£l For footnotes see rets ord reg—£1 34 1634 $6 prior preferred Cables A Wireless Ltd— Feb 70 Motor of Canada— Class A non-vot.— 734 534 Mills.* Rubber Mfg 1 Dejay Stores 67% 10 58)4 1 8K Sept 120 91 16 K DennlsonMfg clAcom..5 Am den 5 Am dep 734 "u 734 Decca 140 118 107% * Geh Electrio Co Ltd— Feb Feb IK 534 31 "534 Darby Petroleum com...5 Class A conv.. Apr 114% 117 Ford Motor Co Ltd— Ford Feb 2 80 (Plilla)_10 Oct D Dayton Nov 118 7 General Alloys Co.. Jan 21% June 500 Davenport Hosiery 12% July NoV 1,100 6!4 Gulf Oil Corp 14n 5 5K 5K 6 Gellniau Mfg Co com Mar ...10 Aug 600 5.100 6 Fed Compress & W'h'se Grocery Sts 50 July 3,900 >31 5 25 Fedders Mfg Co.—.. Jan 3 Cuban Tobacco com— Buff Niagara & East Pow 11% May 1)4 Nov 52 6 >]« 2% Jau 100 150 600 90 734 7% conv preferred...25 Crystal Oil Ref com * 46 Feb 119)4 111% 1)4 500 134 34 Feb Jan 2K 73 --iA 1% May 634 134 3634 2 Bruck Silk Mills Ltd.....* Buckeye Pipe Line Apr 1234 Apr 2% Sept 47 % 34 Feb 30 Sept 4K Sept 107 Oct 400 134 1 Sugar...5 1 6 Crowley, Milner & Co.—* Crown Cent Petrol (Md).5 Crown Cork luternat A. Crown Drug Co com..25c Curtis Mfg Co (Mo) 60% 5 z2() Geu Rayon "734 Wheeler Elec. Curtis Light'g Inc com 59 % Apr >i« Nov Gatlneau Power Co— 5% conv preferred—.60 Courtaulds Ltd—; ■' Adrs ord reg stocks.—£1 Mar 800 11 150 1 $3 conv stock July $6 preferred A....... Cosden Petroleum com...1 Sept 71,900 1 .... 4% conv preferred... 100 3034 com. 14 Aviation. Jan * Varnish Co.* Sept Sept 1)4 57 K IK Jan Feb Mar 33 K Mar preference.—* Range Co. * Cuban Atlantic 2 13K Croft Brewing Co 800 Fanny Farmer Candy 1 Fansteel Metallurgical...* Jun Mar $3 prior Petroleum 2 Nov -100 Jan IK Feb 1 >64 10 1534 2% Froedtert Grain & Malt— 13.500 K 14% 2% Fairclilld Eng & Airplane J Falstaff Brewing IK Mar 4% July 34 Continental Oil of Mex._1 Cout Roll & Steel.....1 Cook Paint & Falrchlld Fire Association Jan 1% 16 14% 56 Nov Nov May 12% .1 Eversharp Inc com Fiat Amer dep rets....... Nov 29 K 350 1 $3 conv preferred Oct 8 65 10,200 July 4 34 Jan 434 May 1)4 Nov 50 % 15% Esquire Inc. ii.i—...... 1 Eureka Pipe Line com..50 Jan 634 934 ok Consol Royalty Oil—-.10 Consolidated Steel Corp.* Continental Gas & Elec Co 1134 34 June Jan 34 17% 15 5% 11034 5K Jan 1434 Nov J4 May 5% Jan 32?4 Dec 334 Apr 234 Jan 17% 4 June —* Co———1 com.* 434% series B pref—100 4% pref series C——100 Consol Gas Utilities 1 Consol Mln & Smelt Ltd.5 Consol Retail Stores 1 8% preferred.. 100 $6 preferred 2,700 % 34 Apr 1334 June 15 21 n 1 450 Elec Corp.l 7% prior pref.; Elec Mfg Nov 1 Sept 27% May Jan Jan Feb 3,600 34% 1946—.—1 $3 preferred Crfeole British Celanese Ltd— {Brown Co 6% pref 100 Brown Fence & Wire com Mar 6% preferred....... 100 634% preferred..—.100 7% preferred*,. loo 534 Coke Secur— Common... Cornucopia Gold Mines 5c Corroou & Reynolds....1 63 British Col Power cl A. Empire DIst El 6% pf 100 Empire Gas & Fuel Co Florida P & L $7 pref 68 >16 Copper 31 200 Emerson Jan Sept 7 30 Jan 11 1434 Mach— V t c ext to Crocker ord bearer £1 crd reg...£l Jan Mar K 14K zS9K 1,400 29% >256 Apr British Amer TobaccoAm dep rets K 2K % Jan Jan 47)4 Me .1 Electrographic Corp. Elgin Nat Watch Co... 15 7% 2,500 6 Jan Mar 3.600 59 K Feb 634 IK 15" ... Oct 1% 7% * Option warrants % 1% 17% Jan 76% 7% 800 3 Oct 1% 34 Jan Dec 7K 48% Jan Aug K June »i» Nov 1,000 33% Jan Jan 76 34% 111 July 1% 47% 6 Feb 7% 1% 5% 16% July June 7K 56 K Feb "Too preferred—.; Aug "Too ...* * Elec P & L 2d pref A 3 72 34 Elec Bond & Share com..5 $5 preferred Feb ,li« 2% Nov Nov Feb 1,000 150 Stores.* Economy Grocery Oct 5% K >16 8% preferred.. 100 Empire Power part stock * Emsco Derrick & Equip..5 Nov 2K 72 K 47% * series A..* $6 preferred series B_._* Easy Washing Mach B. ht 434 Dec Mav IK 16% July 4% May 625 Mulleable Iron.25 Aug Mar *150 05 % Compo Shoe 100 K 89 "l% "in "1,900 1% Oct Nov Aug July 1134 May 3034 Jan July Sept 48 200 3334 534 15% Cooper-Bessemer UK Sept 34 Nov 3534 June * Co Feb Apr 41 >16 Aeronautical... 1 Bridgeport Gas Light Co Bridgeport Machine— Jan 3,800 IX Brewster 94 "1534 Distribution.. 1 Commouw Consol G E L P Bait 'u 5% 10 20 534 Community Pub Service 25 Community Water Serv—1 Conn Telep & IK 4% 10 95 68 . - - . - Consol Biscuit Sept Apr 117 434 June 32 1 Commonwealth & Southern Warrants. ..... $7 preferred Fox (Peter) 100 Columbia Oil <fc Gas 3435 7% 1st preferred--- -100 $5 2d preferred * Brazilian Tr Lt & Pow * Breeze Corp common....1 % Feb Oct 3% 300 % 1% Fire Arms .25 Nov Feb 10 48 4,200 Oct 34 K Bowman-Biltmore com... * Brill Corp class A Colt's Patent Sept 534 Jan Dec K 400 .4 preferred...£1 6 1834 May Oct 1,200 5% ord... Colon Development 8K 32 10,200 94 Colorado Fuel & Iron warr. Nov ""400 10 3K 66 % 95 Aug Sept Jau 2,900 25 Co 7 Aug 1334 "tin "33 n ""46 7% 1st preferred..-.100 Bourjois Inc.— 51 100 200 100 Jau 1 1,000 % Mar Feb 87 % 1334 Dec 150 Utensil Co—.* 4034 3 10 K b. 5 "15" 434 150 Co com.* Rosenberger Inc.* Apr Bohack (H C) Co com... Borne Scrymser Colin & Nov 634 3% 64 375 Cockshutt Plow 8 275 95 Dec Jan Apr 10 Jan Nov 112 3K 100 37 300 13)4 Apr Columbia Gas & Elec— Birdsboro Steel Foundry Blauner's common 434 1134 9134 5534 4% 15 600 3 34 Conn Gas <& Berkey & Gay Furniture. 1 334 Mar Aug May K May K May 34 Dec 3% Apr 6,200 7 5 6% conv 434 116 34 2 72 Eastern States Corp 634 July 5134 Aug 34 334 Club Alum May >3j 3234 Jan Mar IK 13,300 * com..* Corp..100 734 Jan 110 hj 334 434 Cleveland Tractor 3734 11 200 Sept 3,200 Lights Inc.. 1 Feb 634 10 66 City Auto Stamping * City & Suburban Homes 10 Clark Controller Co—.—1 Apr Nov Dec 334 % 834 * $6 preferred.. 5% preferred BrummellTles Inc..S Beuson 334 32 900 "i'66 2% preferred........ 100 6% $6 1334 53% L $7 pref.* Cities Serv P & July Mfg— Barlow & Seebg Baumann—See 100 35 35 7 600 7 100 common..10 $6 preferred* 60c preferred B.. * $6 preferred BB * 3234 Baldwin Locomotive— Jan 80% 6% 125 115 90 55 Cities Service Clinchfleld Coal Feb 25 ~90~ preferred Childs Co Claude Neon * Feb 96 400 734 11 Shaft Co 5 Clayton & Lambert Mfg. Cleveland Elec Ilium Babcock & Wilcox Co 334 434 Chicago Flexible 3% 1.000 12 K 13 10 Jau 23 734 35% ""275 Cherry-Burrell common.. 5 Chesebrough Mfg 25 Oct 60 25 134 Feb "8534 ""90 34 "16 1 Jan Jan 75 preferred Chads Corp common... Common.... June June 2% 250 100 Conv pref optser '29.100 Cessna Aircraft Co —1 Chamberlin Metal Weather Strip Co 5 Conv East Gas & Fuel Assoc July 107 300 K 100 100 6% preferrred — 7% preferred Eagle Plcher Lend •2034 11 21% 109 10 Jan Jan Apr 1,400 A 4 4334 108 114 115 & Lt 7% Pfd 100 South West Util 50c Cent States Elec com—-.1 93-4 234 May 13% 10 Ccllieries 1 Barium Stainless 7 434 700 Nov 8 106 Aug 334 B Beau 734 8334 634 Sept 3,100 13 X [?■; Warrants — Axton-Fisher Tobacco— Class A common ; * 7% pf 100 5% pref. 100 Ohio Steel Prod....1 3 "Too Jan 634 4 250 5% 434 400 4% Feb 10 K 334 1,500 334 126 105 * 2934 2K "Too "4 40 — — Jan 15% 2 11034 Eastern 17 34 Nov 5% Jan 1334 May Atlas Drop Fcrgc 2% Apr Aug Nov Nov 4%% Prior pref 650 6,700 K si# coin...5 Atlas Plywood Corp.....* Auburn Central Mfg * Automatic Products.....1 Automatic Voting Mack—* 1,000 2% 25% 2% 4% 5% 17 Cent N Y Pow Jan Jan Jan Sept 34 Sept Jan 108 Atlantic Coast *4,300 Cent Maine Pow Cent Pow 500 2% "534 "6 "4" "4% Cent & pref--.100 Lt 6% pf.100 Coast Fisheries.. 1 Apr Oct 3% July 234 1,400 2X 2% NOV 3 E com 3% "4% "~4% Duval Texas Sulphur....* Apr 44 113 103 534 734 Oct Oct 125 pref Cent Hud G & Jan 5% 12 IK June Feb 1 America $7 dlv preferred.. 1st partlc 7% preferred.......100 Dubiller Condenser Corp.l Duke Power Co 100 Durham Hosiery cl B com * Duro Test Corp common.1 10 Nov 61 Aug Nov K .. Nov 29 "500 .10 Driver Harris Co .. 13 50 —* July 35 Celluloid Corp common. 15 Aug 11% 6% June Oct 2)4 Jan Nov >33 600 11% 11% 3 Dominion Bridge Co Ltd.* 121 Nov % 1,400 "6)4 "OK Dominion Steel & Coal B 25 108 pref...100 Celanese Corp of "ii'n Liquors......2% Sept 10 Catalin Corp of Amer 1 2K 200 4334 Castle (A M) common.. 10 103% 15 111 42% 111 -* Casco Products.. Jan "2~ij66 K common.! W) Co .—.10 Dlvco-Twm Truck com..l A.—.* "2T66 Jan 3)4 Aug Jan 634 8 Mar Jan M ai- Apr 11434 Feb 34 Mar T 7 A, Aug x% June B Nov 2 % 5 2K May 1.900 Products...* 25c Syndicate. 2 734 Diamond Shoe common..* Draper Corp.... Jan 300 De Vilblss Co common.. 18 134 May Sept 32,900 *334 Tan Doheckmun Co common. 1 Sept Carib 14 High Low 1 10 Jan Apr 800 2% >aa 14, hi {Detroit Paper Prod Jan Range Since Jan. 1,1941 300 2K He 14K 2K ccm_.l 1 Det Mich Stove Co 334 134 3% Jan % 60% Aug 13 8% Co Ayrshire Patoka June % 32% Nov 42% May Mar 2K voting-.--—-.* Class B non vot * Canadian Industries Ltd— Feb Atlanta Gas Atlantic 84 >« 534 IK May Class A Nov 85 134 Nov K taiet • % 14.% Dock.* Alcohcl— Canadian Indus Oct 28% Cent X $ 5 preferred — -——— Assoc Laundries of Amer. Assoc Tel & Tel class A—* Atlanta Birmingham & Coast lilt 28% June Apr Mar Nov {Associated Gas & Elec— 'i'Class 'A—-V—- 15% Apr 1034 June •£! Common....-—-. Dec 1" 8% 91 « 234 Price Detroit Steel Prod..... 10 Canadian Dredg & Apr 11% Apr 300 A: Week's Radge for, Week of Prices Low High Shores Detroit Gray Iron Fdy.-l May Distilled Airways...1 Can Colonial 25 50 134 IK 14 Apr 7% preferred 2% n 8% Jm 23% Sept Sale Par Ltd— 2% 8 >SI6 -10 dep rets reg Feb Feb (Continued) High 834 preferred—25 7% partlc common...* pref—.* $6 preferred......-i—* Carrier Corp common.-.1 »l6 Ashland Oil & Amer Canadlau Car & Fdy 5% 108% 108% $7 pref—.* Equipment Corp 1 Metal Works com Canada Cement Dec 134 154 1,400 100 Co Ltd.* Oct Jan Aug 100 450 lhs Gas com...* 134 1,600 3,400 8 Jan 7% preferred— 100 Canadian Marconi... .100 2% 2% 3% Jan 26% 1734 79% % 2634 48% 2% Feb 33 175 >16 July 30 400 7% 2K 6% 13% 30% 113% 12 34 12 Low Shares High Low Price Estate—20 California Elec Power.—10 Callite Tungsten Corp...l Camden Fire Insur Assn.5 Calamba Sugar Apr 5,400 >16 K 26% (1Continued) Week 25-4 June 6,600 uk "T% "T% cl A non-vot— 6% preferred Art 250 2 -1 ArkansasP & L Aro 25 , 2K Angostura-W upperman Apex Elec Mfg Co com.. .* Appalachian Elec Power 4%% preferred 100 Common 24 for of Prices 28 ..... Writing Paper com Anchor Post Fence Arkansas Nat 25 2% 56 series Amer 225 • * preferred. * American Thread 5% pf—5 Am 2,900 son 11% Maracaibo .■Co.--.-l 2 2'4 29 % 11 % 100 Preferred Apr Nov May Nov 30% 2 Amer 9% 19% 105J4 29 % 20 Lt & Trac com ....25 0% preferred... . .. - -25 Amer Mfg Co common. 100 500 22,909 200 Week's Range Sale Par STOCKS Last Range Since Jan. 1,1941 Last .'V A Friday 1 STOCKS High Low Shares 103% 109% 25 Ainer I 20 % 22% preferred Jan.VI, 1941 Range Since for 11% 23% 11% Fork & Hoe com...* American Gas & Elec... 10 Amer , ) Friday | Last Week's Range V sates Frutay Hammermill Paper 4% 19 ""»!« Harvard Brewing Co—.1 4K 19 4% 400 1934 150 """»!• "" '500 4% May 19 Nov 50)4 Nov % May IK IK 800 1)4 Nov 3% 4 600 3% of America— B non-vot common—..1 Hazeltlne Corp... —....* 15% I 15 15% 600 rl5 Dec Nov 5% 26% Jan Jan Volume 154 Number 4017 THE COMMERCIAL & FINANCIAL CHRONICLE 1405 NEW YORK CURB EXCHANGE Friday Week's Range Last stocks (Continued) Sale Par of Prices High Low Price Hearn Dept Stores com..5 6% 2% preferred...50 conv Hecla Mining Co Helena Rube ostein 25c * Class A. * Heller Co common...— Preferred Preferred w Week Shares Low 500 29 1% 300 5% 2,100 9% 200 2 .—.25 par A. 4% 32% 6% Feb Apr Nov 12 Jan % June 7% Sent 22% Nov 23 % Nov 11 Sept 9 Mar Apr 13% 99 18% 100 7% 11% Nov 31% 2 .-—- 24 % V 5% preferred....... 100 25 % Humble Oil <fc Ref.-....» 61 Vs Hummel-Ross Fibre Corp 5 61% 52% 5% 5% 24 Nov 31% Jan Aug 114% A pi 117% 13 Oct 18 Jan Apr 65 Aug Aug Oct 5 7% 4 % 4% % Hydro-Kleetric Securities 5 Hygrade Food Prod...-.5 Hygrade Sylvania new...* % 4% 400 0.6 300 1% 700 he 1% 17 400 17 5% Nov he Nov 4 8 June 200 17 Feb McWilliams Nov Feb July Sept 19% 5% conv preferred...50 27 Dlv arrear etfs. 2% minds Zinc Co... * Imperial Chemical IndusAm 27 1% % 2,600 27 % 1,200 2% 11% 11 Registered 4,400 350 2% 6% * 8% 64 x8% Imperial Tobacco of Cau.5 Imperial Tobacco of Great Britain & Ireland...£1 Iudlaua Pipe Liiie 7% Indianapolis Power 5%% preferred 6 X8% 100 7% 100 7 Indiana Service 6% pf. 100 1,100 112 50 20 20 50 22 22% 30 ».e 400 7% preferred——... 100 2% Feb 9% May Apr 110% June 13% Jan 14% Jan Participating preferred * 27% (i, $6 preferred. '■& 27% Michigan Steel Tube.-2.50 Preferred ClissB vtc— 1 Middle West Corp com..5 Midland Oil Corp— Aug 27% Aug 29 Aug % 1 Vs Jan Vs Jan 1 be ....... 9 International Cigar Mach * Internat Hydro Elec— Pref $3,50 series..—50 Intermit Industries Inc.. 1 Internat Metal Indus A—* 25 79 80 12% 12% 1% 1% 1% Internat Paper Co warr—. International Petroleum 9 Coupon shares..... Registered shares——* International Products— 64% Feb 1,100 12% Dec 1,200 1% 2,000 Jan 7% Jan Jan 7% Sept % Nov 2% Jan 300 9 4% 500 3% 10,800 8% Jan 11% Mar 11% % May $1.75 preferred.. 4% — — Vs Interstate Home Equip.. 1 6% Interstate Hosiery Mills.. Interstate Power $7 pref. Investora Royalty....... 1 6% 14 ... 1 Italian Superpower A....* "xo" % 1% 7% 100 10% Dec >ii 14% 27 Aug Apr 34% 3% 6% 200 % 100 13% 700 9H 2,100 % 800 *4% 6 Nov 10 Jan 14 Oct A * Jan % Jan Murray Ohio Mfg Co 18% Mar 14 Le May Jan % Jan July July Sept Nov 4% Nov 29% Apr Feb Mar 7% % 103% July 1% Aug Nov 10 Apr Jersey Central Pow & Lt 54% preferred100 6% preferred....... 100 7% preferred....... 100 Johnson 2 2% Vs 85 90 Publishing Co.10 Julian & Kokengc com. 1 3,100 1 % May 600 % Jan 85 85 50 85 90 91% 140 90 100% 100% 20 '84 '64 200 18 % 18% 50 Dec Dec 99% 18% Nov 3% Jan 1% Aug 97% 104% Apr Jan 110 Jan Dee be Nov Dec 23% Feb Jan Pacific Public Service...* 300 % 3% Feb 6 5 Feb % 6% 900 2% % 600 Vs 4% 3,600 1% 7% 8 July 4% Aug % Aug Pantepcc Oil of Venezuela 3% 6% Apr 8 Nov Dec 42% Nov 15% 39% 18 Jan Penn Traffic Co 2% Pennroad Corp com.....] Penn Cent Airlines com__ 1 1% Oct 1% Jan Feb 8 Jan 200 213% Feb 16 Sept 200 2% Nov 3 he Jan 43% Nov *475 83% 164 Jan 6% Aug 1,000 Dec 9% 8% Mar 4% 6% 24% Oct xiVs 50 28% Sept % Mar 1% Nov 'be 2,000 300 166 "l8" *20* "*250 119 118 10% Ken-Had Tube & Lamp A * 119 50 10% 115% June 400 Klmbeny-Clark 6% pf.100 Kings Co Lts7:% PfB.100 53 5% preferred D 100 Kingston Products......1 Klrby Petroleum.. 1 Peppercll Mfg Co 100 36 % Jan Perfect Circle Co * 1% Sept 2% Jan Feb 174 Apr May 15 Mar Jan 18% Jan 26 Jan be May July Knott Corp common 4% 5 1,500 4% Dec 6% Apr Pltney-Bowes Postage Jan Meter Pitts Boss 11% June 150 12% 20 125 100 Dec 8% 9% Nov Nov 5% Mar 67 Jan 15% 140 Mar 12% 17% 8% 71 Lane Wells Co common.. 1 Langcndorf Ltd Bakeries— Class A. 1% Jan Nat Union Radio. Feb % Jan May 8% July 2% Nov 14% 10% Sept Navarro Oil Co —-* Nebraska Pow 7% pref. 100 Nehi Corp 1st preferred..* Nelson (Herman) Corp.—5 ... 2% 800 95% "70 96 3% 35 7% 100 8% Llpton (Thos J) Inc— 6% preferred........20 5 Lone Star Gas Corp 1% 400 . 37% 8% 9,300 3% 300 100 100 20 8% Mar Jan Oct May * 9 9% 4% hi "o% "x0% ...100 Apr Dec 50 13% 5% Apr New Jan New Haven Clock Co.—* England Tel & Tel 100 35 Dec 7% Nov 3 Nov 700 Feb 46 Aug 14% 5% 2 Jan Nov Jan Jan 106 June 10% 17 Jan Sept 3% 3% 200 11% 12 "T* '"1" «n% 2,400 Nov 1 % 200 % 6% Jan 9% 7,800 2% hi Jan Nov 5% 9,700 % Aug Sept Feb "*850 23% 5% 234% Aug Nov 13% Oct Dec Dec 400 1,100 he 6% 8% Jan Feb N Y Water Serv 100 10% Jan Class A preferred 100 NUes-Bem-Pond new com* be Nov % Jnn- July Nineteen Hundred Corp BI Nlpissing Mines 5 Aug Sept Nor Amer Lt & Power be 6% pref class B.....100 19 19 % 22 3,100 k 375 21 1,225 19 19% 2% 4% 6,700 105% 105% 30 2% 3% 100 1% 3% 105 Dec Nov Jan Dec Nov 35% 32% 3% 5% 109% July Feb Aug % Apr 14 Sept 116% Mar Nov 5 Jan Feb 12 % Jan 2 Oct % Oct 6% Jan Nov Oct 129% Jan 6 Aug 27 3% 2% 27 2,600 13% t61% Nov 4,300 1 Jan 100 27 Dec 400 3% 8% 15% 8% 103 95 Feb Jan 3% 100 15% 200 8% 500 7 Feb 10 103 Dec 40 95 Dec 2% 15% July 103 95% 15 25 26 350 105 105 10 22% 105 17% 70% 2% 29% ;4 common Noma Electric 15 59 1% *33% ""36 Feb 59 1% 60% 47 47 38,700 1% 900 57 10 47 Sept July Aug Apr Sept Quaker Oats 2% 13% 213% 3 * .100 14% Voting common —..... _ 2% 11,600 2,000 53% 50 53 **2% 2% 2% Jan Raytheon Mfg Jan Red Bank Oil Co % 106% 107% 104% 105 173 173 97 99 550 Nov 8% July Jan Nov 3% Jan Nov Dec 79% 65% Jan Feb •«« Jan h» Oct >11 Feb 70 Feb July Mar 3 Aug 13% 34% Sept y Nov Jan 31% Jan 108% Feb 87% Mar Nov 4 Mar 18% 67% Jan Jan 2% Feb 5% Oct 3 Jan Apr Mur 3% 13% 7% Apr 11 Aug 33 Mar 5% Oct 30% June 31 Apr Oct 3.5 % Jan 32% Apr Mar Aug % 3 2% Apr 2% Jan 8% May Oct 3% 14% Nov Jan 53 Dec 66% May 33 Oct 40 H Mar 103 325 20 98 175 75 162 115 Jan 113 May 185 Apr Sept 25% 28 1.500 13% Jan 41 44% 1,700 41 Dec 125 79 "T 1,500 800 112 10 7% 800 10% 1% 300 1% 4 Jan % Jan 6% Mar Oct 118% Nov 31 % Jan Feb 4% July 9% Nov Feb Jan Feb 55 10% 1% Nov 18% Jan Feb 1% Aug Nov Oct 5% 1,000 *55% *58" 620 55 % Dec 70 Jan 50 Mar 16% Apr 5% 14 *64% 1,300 Aug 28 5% 44% 5% *55% 4% 31 4,600 43 10% 1% 29% 2% "4% ""400 6% •41% 28% Oct 57% Mar 98 May 21% Dec 2% May 3% Nov 150 3 Jan Aug Aug 44% 88% 22% H Aug 27 62% 3% 7% 8% 6% Jan 45% Mar Dec 96% 8% 7% 500 8% 25 8% Aug Dec Nov 10% 12% Jun h, Nov "in Apr 65 4,300 - Nov 12% 62% 2% 7% 14 'in 2% 3% 2j% 100 he 1,100 2% 3%' 6,100 % 3% Dec 1% Nov 700 Jan -4-W Jan Jun 2% v4% Dec ■3% Mar Jan : 18% 20% 450 % 9i« 4,300 17% June *3% % Nov 35% Nov 4% 1.600 4 'l« 116 1,000 3% 3% 400 b6 May 3% Nov 4 4% % 2,400 Dec 50 300 Sept Jan 6u Feb 8% Mar x% May 9% Jan Jan May 37% May 4,075 38% 8% July 94 1,°00 Jan Jun 5% 113% Sept 103% 107 43% 51% 15% 15% 23%- 7% May 105% 106% 14 % Feb 7% 6% Jan Oct 108% June 118 Sept 112 Jan 67% Jan 181% Apr 8% Feb 8% July Jan Feb Oct 14% Nov 10% % Jan Jan * Rheem Mfg Co 59 57 60 880 145 145 146 140 57 105 Jan 159% Jan 9% Jan Teh •is Jan Feb 7% % Jun 18% 4% July Apr Sept 1% Jan Dec: 142% Oct 6% June 6% 6 4,800 6 % % 350 5 200 13 100 44 lu 15 15% 47 "1 47 % 18 17 18 6 1 1Jis 1 % 96% 2 2% ♦ 6% 3% 10% 4% Feu 200 % 500 % 2,500 10 2% 2% '16 52 51% Nov Y.OOO ""56 £0 Oct 52% 21 I Jan '« June 16 % 5 % Jan Jan Oct 14% Jan Jan 7% Nov 1% Sept Jan Vs Nov 102% July 105 Oct 96'4 Dec 107 Feb 111 % 12 Oct 114 May Oct 7u Jan Feb 14 8% Apr 600 1% Mar 100 1 Jan 10% Jan 2% Nov 3% Sept 16 400 20 Rossia International.....* Royalite Oil Co Ltd Royal Typewriter 9% 1 Jan *4% *96% *96% 5 Jan Novi 'is 6%% pflOO Pendleton Inc Rome Cable Corp com..5 Jan Jan; 12 1 Vs 104% Jan; Feb, 1,500 Roeser & Roosevelt Field Inc Root Petroleum Co $1.20 conv pref I 'is 17 600 hi Rio Grande Valley Gas Co Voting trust ctfs Jan | * Rochester G&E16% pfClOO 6% preferred D 101) Jan "i» 1,800 ..1 Rice Stlx Dry Goods Richmond Radiator 4 Nov • * .* 105% >» May 3 100 common 50c Reiter Foster OH Corp.50c Reliance Elec & Engln'r'g 5 1,200 % % 106% 104% * Reed Roller Bit Co 4,800 700 12% 50 9% % 10 Sept 93 6 6% M n 30% May 28% May 101% May 78% May 500 33 * Railway & Utll Invest A.l Raymond Concrete Pile— $3 conv preferred 88% July 13% Nov 7% Sept % Feb 2% Dec 3,300 Jan Radlp-Keith-Orpheum— Dec 4 50 8% Option warrants... Railway & Light Sec- Common bij 2% Jan R Jan Dec 6,100 14,500 2% 7% ...* common 6% preferred Rochester Tel 5 30 9 42 * Quebec Power Co. Mar 42 Jan 54 uly J Jan Nov 21% U6% Apr 1% Mi 200 5% 3% 4 112% 112% Puget Sound Pulp & Tim * Pyle-National Co com...5 Pyrene Manufacturing—10 6 6% Jan 26% June 60 100 Republic Aviation.— "33" Common $6 preferred. $6 preferred... 19% 8% 116% 105% Nov 200 100 Puget Sound P & L— $5 prior preferred Apr 31% mi, y 107% 200 3,100 2% * 6% 1st preferred 7% 1st preferred Nov Apr 48 8 ') :l Jan Oct Niagara ShareClass B 8 4% 108 100 4,500 1% Jan 15% June Nov Mar July 390 Class A opt warrants. Class B opt warrants Nov Mar 10% 8% 12% 3% 5% 3% 50 2% Prosperity Sept 110% 112 200 350 6% I 28 Feb 4 51 111 I? % Vs 1 Public Service of Colorado 56% 18% 3% Jan com...* July Nov Nov Niagara Hudson Power1st preferred inc 7 10 5 10 Prentice-Hall Pressed Metals of Am Producers Corp of Nev Co class B.„* Providence Gas * 225 6% pf. 100 Common Jan Jan Sept 1,625 111% Nov 6 28 Powdrell & Alexander...5 Power Corp of Canadil...* Premier Gold Mining 10 5.10% preferred.....100 5% % Nov 9% Feb 109% May 102 1,600 11% 6% 21% Pleasant Valley Wine Co.l Plough Inc common. ..7.50 Pneumatic Scale com... 10 July 4 25 118% 110% 4% 33 &~L*e"rrI—50 Oct 30% Founders Shares......1 5% 2d preferred 19 7% Apr 6% Feb 10% Jan 2% May Shipbuilding Corp— 7% 1 2% May 4% Jan 20% Mar *"1*56 - New York Transit Co 5 12% 5% 100% Jan Aug Nov 115% Dec 11% 88 Pittsburgh <fc Lake Erie.50 Pittsburgh Metallurgical 10 Pittsburgh Plate Glass..25 Jan Aug Mar 10 N Y Pr & Lt 7% pref..100 $6 preferred.... * Y 15 Jon 111% Sept 113 400 12% 12% 32% 32% 29% 29% 105% 106 84%' 84% 3% 3% 6% % 6% 1st preferred—— 100 Pratt & Lambert Co..—. 10 N Y City Omnibus- Warrants Feb 18% 8% 44% 12% Jan 28 .* N Y & Honduras Rosario 10 87 Feb % 28% 15% — 2% Sept 29% 65 7% 1,000 1% 7% 1407. % 11% 14 Nov 4 12 % 900 11% 63% 12% 105% ""% 3 2 Jan "July 3/200 14 200 .* 900 ""106 64 13% Louisiana Land & Explor.l Oct Dec "9% *10% 2% * 13% Louisiana P & L $6 pref.* 10 10 *io% "16% New Jersey Zinc... 25 New Mex & Ariz Land... 1 N Y Auction Co com. Oct 200 1,675 6 New Idea Inc common...* N Y Merchandise..——10 98% 7% 10% Apr 13% 21 page 6% preferred 200 % sec * 37 1,400 98% Nestle Le Mur Co cl A...* 1% 21 For footnotes Neptune Meter class A New Engl Pow Assoc——* 1% 100 Lcudon Packing 104% Jan Apr Sept Jan 30c Nov 14 May 6% May 11% Nov 12 % 8,200 N Y State Elec <fc Gas— 1 hi — 7% pref class A 11% 3% 4 Apr 109% 3% Sept 23% Apr J10% 115 13% Nov 67% Jan Conv $3 pref series A.10 Prudential Investors. * $2 preferred...—...—* Apr 18% 100 5% 12.50 New Process Co.. 1% 4Vs Long Island Lighting— Common 4% 4 13 National Transit Nat Tunnel & Mines N common...* Locke Steel Chain Apr 15 Le Tourneau (R G) lnc.-l Line Material Co.......5 Brothers Mar 94 % * Lehigh Coal <fc Nav * Leonard Oil Develop...25 Lit 2% * Lefcourt Realty common. 1 i 1% 7,700 ' 2% * — National Sugar Refining.* National Tea 5%% pref. 10 Nov Nov 3 8% Aug Feb 3% 8% National Steel Car Ltd—* 1 2,700 be 10% 10% 95% Nat Jan 50 35 Nov Mar 1% 98 National Refining com...* Rubber Mach.. * June 12 54 10 Lane Bryant 7% pref—100 preferred 4 76 2% 96 I.akey Foundry & Mach—1 Lamson C'orp of Del.....5 Conv 10 Dec Vs 1st pref. —.100 Kress (S H) special pref. 10 Kreuger Brewing Co. 1 .. 10 i* Dec lVs 18% Nat Mfg & Stores com...* 53 900 % National Container (Del). 1 40 1% be National Fuel Gas 10 1 10 National Candy Co * National City Lines com.l $3 conv preferred.....50 120 5% 32% 29% 1 Pierce Governor common. Pioneer Gold Mines Ltd.l 126 Nov Mar Jan 60 410 5 Aug - Nat Bellas Hess corn. —.1 National Breweries com..* 40 12 -—* Lackawanna R R (N J). 100 Lake Shore Mines Ltd—1 Feb Common....... Jan 12% Nov 5! i 4% July 125 Dec InC 8% pref.25 % 5% 3% 4% Apr 16 50 300 Phillips Packing Co Phoenix Securities—• Nov 4% 2% 375 150 18 50% 111 * 1% * 40 conv Class B Nachman-Springfilled 60 "1% 1 - 3 Phtla Elec Co $5 pref Phila Elec Pow 4*500 4% 7?, 17% common.* % 100 1,600 102 7% Rubber...1 "2% " 102 Polaris Mining Co 25c Potrero Sugar common..5 53 Klein (D Emtl) Co com..* Kleinert (I B) Rubber ColO Kobacker Stores Inc. Feb Pharts Tire & Philadelphia Co % 100 40 Kirkl'd Lake G M Co Ltd 1 Koppers Co 6% pref—100 Kresge Dept Stores— 7 114% . 20 com "T * National P & L $6 pref...* Kansas G <fc E 7% pref. 100 Kennedy's Inc.'. 5 Pennsylvania Sugar Jan 11% Jan 10% 9% & Elec— Penn Water & Power Co.* 156 430 Pennsylvania Gas Penn Salt Mfg Co..—50 Jan 1% 7% 2% 14 300 2% 2% 16 16% 106% 106% 111 111% 114% 115% 113 113% 2% 16 Edison Co— $0 series pref.........* $2.80 series pref.... * Jan 3% 30 30 400 5,000 Pennsylvania 116% 400 % Apr Apr Nov Nov 9 3% 15 50c Mar 5% 1% Fuel Class A common. ..* Penn Pr & Lt $7 pref.—* $6 preferred.......... * 93 July 14% "~2 Aug 5% 164 "is" Oct % 55 % Nov 112 Jan 8% ..10 Parkersburg Rig & R~ccl._l Patchogue-Ply mouth Mills * 7 *46% May Ho Paramount Motors Corp.l Parker Pen Co.. Peninsular Telephone com* $1.40 preferred A 25 800 2% Jan 5 110 110 American shares Jan 500 2% % Jan 101% June * Mar 1% 7% *46* Jan 10 30 * Page-Hersey Tubes. Apr Apr Nov 6% 1st preferred Mar July 1% 213% 214 46 — 6% preferred Jan % 3% Jan July Pacific Lighting $5 pref * Pacific P& L 7% pref.. 100 Nov Feb July Apr Jan 4% Aug 1 112 600 23% Jan 53% Sept 17% 50% 112 1 — Novi 400 23% * Omar Inc 105 5 . K Oliver Utd Filters B. Pacific Can Co common..* Pacific G & E 6% 1st pf.25 6%% 1st preferred...25 % May Aug 104 2% 6% 1st preferred,...100 Oilstocks Ltd common...5 Jan 2% 1,600 100 High 18 112 14% Ogden Corp com. 4 Ohio Brass Co cl B coin..* Ohio Edison $6 pref * Ohio Oil 6% preferred. 100 Ohio Power 4 %% pref.100 40 Aug 18 52 % Low 700 104 . 5% 17% 52 3% Oklahoma Nat Gas com 15 $3 preferred—... 50 $5% conv prior pref—.* Jan 22 18% July N Jacobs (F L) Co .1 Jeaunettc (diss Co.... .* .. * Aug Muskegon Piston Ring.2% Muskogee Co common.. Feb 59% 2% 10% 148 7% Nov Moore (Tom) Dlst Stmp. Mtge Bank of Col Am shs Mountain City Cop com.5c _ Apr 100 30 Montreal Lt Ht & Pow..* Moody Investors part pf.1 — Jan 39% 7 4% Mountain Producers... 10 Mountain States Power Common... Mountain Sts Tel <fc Tel 100 3% 18 .4 Range Since Jon. 1. 1941 Shares O Penn-Mex Sept 10% May 1 Apr % Feb 12% Dec 8% Nov Feb 2% % May 1% ,..2.50 Montgomery Ward Jan Apr Oct % Apr 39% Monogram Pictures com.l Monroe Loan Soc A 1 Apr Jan Week Northern Pipe Line..... 10 Northern Sts Pow cl A..25 31 100 3 Mock Jud Vochringcr— Oct for of Prices Low High loo Novadel-Agene Corp Nov he Feb 1,100 ) 2% Molybdenum Corp—1 Mar 250 '"500 6% 1% % 12% 8% Vs Iron Fireman Mfg vtc.—* Irving Air Chute. 10% 31% Mar Nov 2,200 10% 30% . $3,50 prior pref— * International Vitamin... 1 78 Montana Dakota U til... 10 400 1 3% % '"160 104 4% Minnesota P & L 7% pf 100 Mississippi River Power 6% preferred ...100 Missouri Pub Serv com..* Sept Sept 5% Sept Feb Dec 5 June 26 150 1,000 "lfl M6 Monarch Machine Tool-.* 11 100 1% 104 Mining Corp of Canada..* Minnesota Min & Mfg...* Class A Clam B.„.... llI6 com....* Common— 10% % 20% 2% 10% 4% % Oct 1% Nov 1% June 4% Feb 10 % Internat Safety Razor B_* International Utility—• 83 500 5% 1% Midwest Oil Co 10 Midwest Piping & Sup...* Mid-West Refineries..... 1 % June 12% Jan DJC 13,900 10% .. Nov 750 1% 'he 9 July Sept 2% 10% Jan 5% Jan 124% May 4 Apr 15% Mar 230 *96% *97% Mid-West Abrasive--.,.50 Sept Sept Industrial Finance— 7% preferred 100 Insurance Co of No Ain. 10 1 900 700 Midland Steel Products$2 aon cum dlv shares new Apr 1% May preferred..—* Mldvalc Co A...1 V tc common.. conv 'be 3% 27 Feb Li May * Oct Sept Week's Rangi Sale ... common..—..* 6% prior preferred...50 Jan 60 June 2% 9% 2% 600 28 5 10 — — North Artier Rayon cl A—* Class B $1.30 Michigan Sugar Co Mbromatic Hoie Corp.. 1 Mldlle States Petroleum— v Class A vtc 1 June Jan Feb Overseas Securities.... 5 * Aug 9% Mar 3% 25c Michigan Bumper Corp.. 1 5 Sept Mar 55% *2l"% Jan 115 1% 1% 7% 131% 4% 4% 21% 21% Partic Preferred...... 15 Metropolitan Edison— 2% May 7% Sept 7% Sept ' May be 800 127 Mercantile Stores com..* Merchants & Mfg cl A..1 $2 112 Indian Ter Ilium Oil— Class B 5%_ Jan 1,500 3% 100 Non-voting class 8,800 100 1,100 .... Jan 7% 13% 9% 3% 1% 7% 7% 131 Merrltt Chapman & Scott * Warrants. — Jan 35 Mar 6% 6% 3% & Light 3% 24% May 1 % Nov 9% Apr dep rets regis—.£1 Imperial Oil (Can) eonp..* Oct % Aug Sates Last Price Ohio PS 7% 1st pref...100 * Metal Textile Corp he % 38 250 3% % 1% Messabl Iron Co.u ......1 % 60 9% 3% 6%% A preferred,—100 Illinois Iowa Power Co..* 24 24 Dredging...* Mead Johnson & Co. Jari 1% 2% Dec 1% $4 preferred———._..* McCord Rad & Mfg B...* Sept 7 »i6 Nov 1% Mar 17% 1,300 1,500 Massey Harris common..* May McEweu Kaiser Co— Aug Vs 19 60 Memphis Nat Gas com..5 com 1 V t o for 1st pref....... 1 21% 1% 27% 25% Feb Par 7% preferred Communication Co Ltd. Margay Oil Corp.* Marlon Steam Shovel...* Mass Utll Assoc v t C...1 Hussmann Llgouier Co..* Huyler's Aug Marconi Intl Marine Oct 52% 700 High No Am Utility Securities * Nor Central Texas OIL..5 Nor Ind Pub Ser 0% pf. 100 Mangel Stores-.-.......] $5 conv preferred...-.* Feb 111 17% Maulschewltz (The B) Co * MapeS Consol Mfg Co.—* Apr Feb 33% 2% 1% stocks (Continued) Low 25 5 common Frldag Range Since Jan. 1,1941 Shares Manatl Sugar opt warr... Jan 13 Apr Nov Price M Sept Sept Nov 3,700 Week Lynch Corp Nov 115 175 Hubbell (Harvey) Inc..-5 for of Prices Low High & Co com* Conv 7% 1st pref... 100 Conv 7% 1st pf v t c.100 9% Sept 17% Aug Jan Apr 13 Horn & Hardart Baking.* Horn & Hardart- 6% Feb 8% 50 Jan Feb 500 32 Feb 10 125 18 32 26% 65 90 7% Week's Ranoi Sale Ludwlg Bauman Aug 26 Oct 16% TVs Sept Sept 8% 85 Ilolllnger Consol G M...5 Hulophav.e Co common..* Horder's Inc.... * Hormel (Geo A) & Co com* Horn (A C) Co common. Last Par 4% 3% common. .5 - Mar 20 Sates stocks (Continued) High 9 Heyden Chemical.. ——.1.0 Hoe (R) & Co class A.-.10 Fridat, Range Since Jan. 1.191 25 w ex-warr Henry Holt & Co Hewitt Rubber for ;2% 28% 5% 9% 5% Sale» ; 4% Jan 1,400 hi July 300 51 % Dec Sept % Jan 59% June Tuesday, December 9,1941 FINANCIAL CHRONICLE THE COMMERCIAL & 1406 NEW YORK CURB EXCHANGE STOCKS (Con-limed) 4k 2 Week's Ranot for (Concluded) Sale of Prices Low Hioh Week 3 J une Apr 4k 300 Feb 2k Sept Sept Apr Tung-Sol lam n Works Jj' -1 %} 8O0 conv preferred...—* 2k X Nov lk Jul? U k 2k 2% 500 A k k 200 6 k Price Par 4k 2k Aeronautical Co. —1 Ryan Consol Petrol * Ryerson & Hnynes coro.l Ryan Last High Low Low Price 2k Ave Russeks Fifth Week of Prices Hioh Shares Sole Par lk - .2 lk ; Low . -v 1,000 • 0 -500 ;..v ■ t ' * '■ "*■' ' Sale . (Continued) Price 2k' Jan 7k Jan Lawrence Corp St St Regis Paper common.. 5 1% Ufi 7% preferred 100 Oil Co.. I Samson U nlted Corp com. 1 Oil Co.. Schlff Co common. 2 H X 401) 100 0 24 k 23 k 23 700 114 "ft' "19k """20 "19" 85 83 ...,* 8k -- k Securities Corp general—1 9 Mar 230 63 k 8 4 Common 8 k 4 k 1,000 8k 100 5 Jan Feb Option warrants 24 * 26 Mar $3 pintle preferred.._.. * Oct United Molasses Co Ltd—- Jan United Shoe Mach com.25 lk 6,600 1,050 1,100 39k Nov Nov 50 July Mar 40k 500 39k Nov 50 Mar Control--1 5k 1) 316 316 200 5k ""360 2 x2% x2"/s k 65" "62" Profit Sharing.25c 10% preferred—.....10 3 2,200 lk Jan 4 k Apr 62 Dae 70 109 Jan 113k Feb 6k m Sept 19k 20 lk lk 156 X U S Rubber Reclaiming—* 1st $7 conv Feb 13 19 k Dec 23k Jan lk Apr 2k Aug 102 k June Dec 98 k 40 "2 k "2 k X Nov 6k Feb 900 2k »n 1,000 X "2% x2 k x2X 300 ..... lk lk 100 lk 2k 600 159 k —. Universal Corp v t c 2«4 36 k 35k 38 1,000 26 26 1(H) lk X Nov 29 k 29 k u k 30k 23 30k 100 29 29 k 300 2k Sept Oct 43 k Aug Apr 30k Jan 28 May k 500 5 - iso" "30 Utfk 31k Jan 20 k Jan Nov y* Feb 165" Jan Jan 6k Nov Mar 8 Jan lk July 8 Jan 6k loo 2 2 Feb 149k" July "260 """fik "ek 46 k May May 4 k Phosphate Co. 10 Pipe Line. -. - -10 1 8 20 "5k "5k 5k Bros—.1 k % »'9 k 13 preferred ■ —* Vs Feb 26 k Nov Jan 6k July May Feb 4k 670 200l 2% 1 • k Nov ■200 X Aug 1,600 2k Brewing Co.—* Standard Cap & Seal com 1 2 k f Conv preferred si.Lv. 10 Standard Dredging Corp— —1 13 k 2k 14 ik ik lk - 500 12 X Dee Feb 100 1k Apr Oct 12 $1.60 co.iv preferrai.20 Standard Oil (ICy) .10 14 ;; 18 k 17k 18k 112 Standard Power & Light. 1 Common class B ......* ••-7 7 1 iStandard Steel Spri ig_—5 Standard Tube cl B 1 Starred (The) Corp v fc c J Steel Co of Canada-——* 15 k 15 ik k 100 Jan common..* 10 k 9 m * 5 5 50 40 k 40 k Nov 13 14 k Jan Jan «u Sterling A1 imi.ium Prod.l 6 7k inc.—— -Stetson (J B) /Co com... i 1 . 3k ' 18k — ■ Machinery.... Snllivau Sun Ray Drug Co.. 1 3k: 3k July $5.50 27 k Jan 2k Aug l'i# -Jan Oct Jan 48 9 Dec 13 k 300 2-k Jan 5k 25 38 k Feb 7 Jan —- —1 July Aug 41 Sept 10k Sept 1,300 6k May 8k 400 k Feb lk Jan July Sept lk July Apr 5k July, 1 2k 150 lk V 4,600 ''800 200 11 Ilk Hk 300. 11 May Apr 10 k 100 10 Jan 14 k 10 k 2k 5,900 lk Nov 100 37 k Jan Mar 2k 45 k 46 k Sept 2,700 22 k Mar 38 k Oct 9k Apr 12 Apr z3k 2 45 X% conv pref. Superior Oil Co (Calif). Superior" Port Ce'medt— 5 37 k 37 36 Class B common..... Straw Finch Oil Corp... 15 5k 18 k . t , . • • , ■ "3 k 16 15 5 1,800 17 k Nov 7k Nov "500 2k 600 13 k 5k 600; hi 800 k 3 k 6% pref 10c 3k Vultee Aircraft Co.... — Dec k 4 4M 1(H) 8lfl 92 k 107 7% preferred 100 Tonopali-B"lmoiit Dev.100 4 100 Waco Aircraft Co. »i« . Jan Jan 53 Jan 4k Sept 5k Sept k Sept. ■ 93 20 Jail 104k June 50 105 k Apr 108 k Jan 111k Hlk 20 109k Nov 114 Jan "200 Wagner- BakI ig—■ V t c extended 7% Trans Lux 1 Corp k Co.. .10 X X 4 k 4k Trl-Contlnentul warrants. Trunz Inc.. Class A. 7 ...* Tubize Chatillou Corp ; 33I 1 5k 5 38 k 37 »jj 7 k 5k 33k 4,900 1,200 2,600 *"k"p'ec X •. 2 k Jaq 7i« 100 7 1,200 ;i 5 1,400 32 k - Oct 1 Jan Jan 5 Nov Nov, 3s« ,v k . Jan Dec 8k Jan Apr May 10 k Aug 48 k Auc - page 1407, 01k SO 90k Debenture 5s....t........ Cities Service P & L 5ks.... 88k 10,000 79 .1952 98 k 98 k 60,000 88 91 00k .1949 98k Community Pr & Lt 5s.. J... .1957 104 k Connecticut Lt & Pr 7s A .1951 5ks— 88 k 09 98k 98k 00 k 88 k 23,000 98 k 105 14,000 104k 101k J122 128 8 k June .1971 3ks series N ...... 1st ref mtge 3s series P.... 1st ref mtge 2ks series Q... Consolidated Gas (Bait City)- Cuban Tobacco 5s Jan Cudahy Packing 3 ks- Gen mtge 4ks._ ■i — 127 k 131k 107 k 112k - 105k HI. tl08k 110 "lXOOO .1976 104 k 104 k .1954 125 k 3,000 125k 125k 93 k 95 k 210,000 .1068 94 k .1955 -— 105k 67 3,000 102 k H>3 33,000 66 .1944 - 15,000 111k HI k .1969 103" 101 106 122k 128k 80 k 08 k 53 k 60 k 103k 101 Mar k 15k Oct k Sept 1-v 'Apr v'lk k Jan 3k f Feb •• 2k Sept Oct k '•••• 5k 23 '-,' h-t Jan 87 k Electric Power & Light 5s. .2030 97 k Elmira Water Lt & RR 5s. .1956 j Empire District Kl os...__ ♦iircole Marilli Elec Mfg— .1952 104k 105 6ksseries A.. Eric Lighting 5s. .1953 722 , „ 9k • '14k 13 Jan Nov • 1 k"' Jan lk Aug 1J)00 "k Apr jan Oct Sept 30 k Gee 17 k 37k 3 Gee y 200 v* 1 95 k 7125 k 126 k 90 k 86 78 k 07 k 119k 126 159)00 104 108 106 45 22 .1967 109 k 109 k 100k 2,000 1954 104 k 104 k 105 k 31,000 110k July 83 k Jan lk Aug ~v Eastern Gas & Fuel 4s.... Jan '♦'"3 • 88 k 50,000 97 k 235,000 87 k .1956 Jail 5k" Jan 29 k Feb " • Oct k '. Jan 49 Jan k,. Federal Water Service 5ks... 10IX 105 k Finland Residential Mtge '<*"11 X'. Banks 6s-5s stamped Florida Power Co 4s series C.. i .11966 Florida Power & Light 5s .1954 33 48 14,000 106 k 38 k JOfik 106 k 14,000 104 k 102 k 102 k U)2k 08,000 102 k 106 35k -il961 — v k May May 1 k • • " . 107k; k 22 "f— ii 10k • " :"-ioo ,99 ' k 'Jan -85k Feb • • :.a 5,000 Jan Nov Gary Electric & Gas— Nov j 106- 7 k June 11 Jan 4k Ilk Sept Aug "' WiV'. . Jan ' -5k '325 •"13 k 10,300 ■ • > asex-warrstamped..—.... 1941 A.——2....1969 ..1953 Gatlneau Power 3ks General Public Service 5s.: ♦General Rayon 6s A. - •5k 5 k — <:7k * ' Waltt & Bo.id'class A...* 7k i 7 1;; - 5 6k V 6k 4k Feb k k ,-12;.: Nov Nov " Air Western ... ,-4 J J*"u Vir •2k •H- *'400 2 k '"'-'■lk Grocer com^fJJO Western Maryland Ry— i 3k f i 7% 1st preferred..-.. 100 .j..i. Western Tablet & Station' y Common ". * —. 3k 4 3k 3k 2k 2k ' ■' Jan •'-> 3k 58k -Feb r ^ rir.vV.-l 16 k 16k :.150 • Jan 13— 22 6 —- Wichita River Oil Corp. 10 Wilson Products 1... 14 - - lk 11k '; Ilk 7k 5 7k k Wilson-Jones Co....._..* Winnipeg Elec Co com B: * Wi8CO.,bin P & L 7% pf 10U .... 4. . —— -- j..* Wolverine Tube com ....2 i 4k - ■"I i — i -> "1,30 (i 4 k Woodley Jan SePt ' 6s..r—1...:1958 2 Wright Hargrcaves Ltd..* 2 lk 27.600 lk Gee I ♦Guardian Investors 5s..-.v—— —1948 -♦ -.1966 . — "2,"666 '•20k 22,000 n!5 77k 111k 71 ' 82 k 11)4 D 781 3H»h..1.. Jlahoe of Prices High $, 45k 29k • ; 10 83 > 14k; 18k 109k 111k 3,000 "2,666 'Wil 83k 85 82k 70k 111 .1967 111 5,000 107 k 111k 106 k 107k 25,000 106k 108 106 106 106 k 14,000 105 105 104 k 105 k 24(000 >-k -'Dec Jan 5k Jan Jan 5k July 5k Jan 4k Jan ...—1950 5s_.u—-----1963 Indiana Service 5s. 1st lien & ref 102 102 102 7,000 104k 107 98 k 103 103 1(000 100k 101k k 78 k 78 k 78 k 79 85k Ok Ok 1,000 7k 77k 7k Ok 19)00 16k iok 1,000 *7s series E7-1—l*.7.--1—♦7s (AUg'1041 coupon)..; .1957 -1952 ..1952 Interstate Power 5s Debenture 6s...—. — Iowa Pow & Lt 4ks 1 ..1957 78 k ..1952 40 ..,1952 76 k 70 38k 40k 143.000 44,000 7108k 108k ..1958 ... »♦ isarco Hydrp Elec 7s:.. 4. ♦Italian Superpower 6s. T7: 3,000 64965. :»il«57 47s series F.. 41,000 40,000 -1955 ; 6ks (Dec 11941 coupon). 80 k 79 k 85k 7108 k 109 k 1970 Indianapolis Pow & Lt 3k« "m -1963 108 103 ...1952 ♦Indianapolis Gas 5s A. Since Jan. ■. 64 17k 107 Ranoe for Week k 58k Ik..'.--1954 1st" A ref 6s ser CwV;- .'Vs.»'iyg i-ilflfift ;i. Sfdeb5ks-.-May 1957 Indiana Hydro Elec 5s_.......... 1958 1st & rer £ks ser B.' Sales Week's 103 k 106 • ♦7s (July 1941 coupon) Law 21 111k Hlk 1963 11949 — Idaho Power ;, i Sale 107 k 110 7108k H I 7104 105 .'762 63 k •::4U" 41 ...1938 6s series B ; Price 20,000 18k- 23 80k 88 k 75 k 89 k '• '•76 k ...1935 & St Ry 5 International Power Sec— ♦6ks series C— bonds 85 k 87 k 88 k 72 H ♦Hamburg Electric 7s—.... ♦Hamburg El Underground i Fridun 85 k 65 09k 102 k 111 Pr & Lt 1st 6s ser A.-.--'1953 6k „ 17 . ' "Jj4n '- Apr 62 39)00 22,000 Oct ; r •'•--' I 76 k f86k — • Jan 101k 84 Mar SX} J»n . -;• "«5 k 83k 89k 103 k Feb . 13 Nov :4 k Guantanamo & West 30,000 ;/• July 3 4k-Nov 4 . Petroleum t Wool worth (F W) Ltd— ; Amer dep .rets 5s July *114>-" Mar 3117 r: — • —1950 Green Mountain Power 3ks—— —1963 Grocery Store Prod 6s..—1945 — Sept : - . Grand Trunk West 4s. Gr Nor Pow 5s stpd—— ♦Hungarian Ital Bk 7ks. J. Hygrade Food 6s A... 9k - - 1965 .....1050 Glen Alden Coal 4s.. Oct -6k ■ 4 k' - . -. 101 k "83 k .1.:... .1.11953 5ks....... Houston Lt A Pr 3ks..... k 7 Jan Oct >. 600 •:=-5k 1' ■i Mar -Nov lk ^"'rf6o F >50 -10k Mar lik ■rv, 900 ? >' Feb 7k 100 k 1/ k Gee ...: I ik 1 Inc 5k ,5k i • 21 - Oct "16 k ' Weyenberg Shoe Mfg..__ 1 Sept ■■■,: •-'• »• 85k 15k June •' 'X.l—: Jan 7 , . 103 k 08 k July 5' -1 • -i. ..... ... Feb 102 * ♦Gesfruel 6s.. •" 101k 08 k 102 760 k'--- ——.1948 1978 75 2,000 Aug v^'5k* ■..;:,■> ...... Oct t % -Jan 15vJune - Feb X 1,000 1- — : 95k June 500 Sept k* Jan -; Mar . ..... 20 "4. p: "10 >, *■- • 6 ! • >3k "Jan . m Coal. 97"' 97 07 ... Inc.. 1 Western Aug X'Tk^Apr 1.25 Lines Westmoreland V .. - - I' _ - . 206 Sept " 93 Aug i'i. - *.« 9 NriV '84 200 - k ■ fJX Sept r I CUssB... Apr 3 700 ":>7*: ..... ■..... - 100 V; 103 General Wat Wks & Elec 5s.... -1943 v>.' 100 40.000 88k 101 A—.1966 103k General Public Utilities 6ks 2.000 89 101 100k 100k •89 . 10 k f I 10k '12 •LOOQ 11,000 58 k 11.000 109 k 12,000 jlOk v 84k 72k 71k 84 ; 75 92 k 105 109k Ok 7k 10k 8 a 10 k 8k 21 10 25k 15k 24 f 15 80 k' 24k 43 k 106 k 108 k 66 k 10k 26 10k 35k 42 60 k Alabama Power Co— 1st 5s 1946 - lst& rcf 5s. — -1951 .1956 -1968 1st & ref 5s. : ... I ~ - 106k '106* -106 k tl04k 105k '9,000 DO3k.l04 105k 105k 705k 108 103 k 106 k 102k- 105k -105k 10,0()0 -101 k 103 k ...1050 105" lQ5k 19,000 103k 106k 1960 ......11)70 Am JPow & Lt deb 6s 2016 Amer Writ!ng Paper 6s—... 1961 Appalachian Elec Pow 3ks-- — -.1970 AppaDc Power deb 6s —.——2021 Arkansas Pr & Lt 5s^..i.. 1956 107k 107k flO9kH0k 105 k 107 k 1,000 105k 109k 1967 p 1st & ref 4 ks—- - -— i 2k88f debs 3 ks s f debs I debs— 1 • .. — 107 82 — .....—1,953 too" 105k 109 52 k , 110k 100 k 109 k "78 k 83k 106 109 k 1273)66 k-82k" -'8,000 109 k tmX 131 105H 406" El Co— Iks'-.-..H948 § Associated Gas & ♦Conv deb 35,000 128 "l9;666 13^3X •13k ■ 13 k ..Lp:„ ..1950 ♦Debenture 5s..— i..—i;l968 13 k • -13 k ....1977 A.........1955 64k — ♦Conv deb EXS-iJ-. "lj'k 13 k 13-*"'13k ,■«. .....1955 :..1964 imx 110 k 5s with warrants.,. 1947 5s without warrants^.'......... 1947 tLOO -i-105 ^ 101" eioln Atlantic City Elec 3ka. .1965 57 k 57 k 10!) 100 7106 60 k 105 .1966 Kansas Gas & .2022 127-127 .1969 7112k 113 tlOSk 110 Kansas 3ks. Elec.6s... Pow & Lt 3ks.- I<ake 109k 123 128 k. Ill 112k ' .1966 .1946 '^g 6s.... .1945 104 k" 104 k 10,000 .1957 108k'lO8k •9,000 Louisiana Pow & Lt 5s2l-.— 19k: 106k 109k 3ks.. — 7«k 11 102 k 106 k 107 109 k 19k M 19 09 -108k Mansfcld Mln & Bmelt-r-r.' 2 . ..♦7s mtge s-f—X-1:. • 11 25 11948 •82 k 82 k 1,000 77 00 .1947 U)6k look 100 k 2,000 95 k .1941 76k .25, _ McCord Radiator & Mlg— 5,000 1,000 ...'.2.. Superior Dist Pow, ♦l.conard Tictz 7kS- I.ong Island 19 k 107k 110., Avery & Sons (B F)— 105k 109 k 106 108 Kansas Elec Power k 59k 12k.,'18k 75,000 '■12% 13,000 1942 -. 131 43 46;noo "12k 13 ^4 -13 k '87.000 ■7'-12k 13k 13 k •8,000 •12k 64k «5k tl()5108k Atlanta Gas Light 4ks ::7,ooo i 104 k 108 62-k <54k 159,000 " ♦Conv deb 4kS-.-...--i.:-— ..1949 ♦Conv deb 5s .'.*2. K 106 k 1';^ 'J 1$,:i V ; 5s stamped Jersey Cent Pow &Lt 3 ks. 1 ; — . Jacksonville Gas— ■ 103 -4,000 102k 102k 6s stamped.....— 100 104 k f-, 100. 102'.': Mengel Co conv 4k»-- a:v-ss For footnotes see 93 89 k 104,000 88 k 47,000 Jan 2,800 5k 9k ok preferred... —..100 A HBOC T & T deb 5ks Trans west era Oil k ,80 k 87 k 88 k 29 k V50 • American Gas & Elec Co— k June X July 90k 101k Consol Gas El Lt & Pr (Bait)— Aug ' ----- 88 k Jan ®ie 5k 63 , 40 86 k 100 k 99 k k 31 89 -lk -Nov '>y2k : 4k lk Nov 'Gee 10k 96 * ; 105 k 107 Tonopah Ml dng of Nev.l - 37 k .1969 Georgia Power & Light 5s Jan 19 k 8k Oct 82 - 22,000 30k 100 k .1958 Jan rzafi' v? Mar Oct Mar - 93 .1950 (knv deb 5s_.___.......... Jau 60k *:i-'" :':4 Sept Apr 3 i" June W 11 3 k 43 Aug July 12200 f — 1 25 May Nov 700 2k , 98 Ilk 16,000 Jan 114 k X 30 88 k 44 68,000 : ."Debenture .53 k 50 r "••• 39 •« V VogtMaiufactiiriig..'^. .* Nov Nov Dec 5 ■ 350 k - 5 06 k 7% pref.100 Associated Elec 4 ks 93 Shipyards Corp.. 46 46 Prod Toledo Edison 7,500 83 6k 27k ; 2,400 13k 18k 5 Jan Dec 101 3" Stocks. .* Exports..* Tobacco Sec Tr Co Ltd A in dep rets ord reg—.£ Am dep rets def reg 6s— Todd 18k 8k 2 4,000 July '■ ' '-a . 7k 2,600 " Tobacco & Allied Tobacco 18 k 8k 7%"pref.100 Texoa Oil & Land Co.—2 Tnew Shovel Co com....5 Tito Roofing Inc... 1 Tishman Realty & Constr* Texas PAL 2k 01 k 3k Nov 6k Gee 100 c: k 30 k H H iok lst&rcf 5s 2- 91 61k ' ■ Taggart Corp com...... 1 Tain pit Electric Co com ..* Technicolor Inc common _* .1966 5ks Dec 'C-'i* i'V- 9k Last 2k Sunray Oil... Cities Service Ss. 27k Sept 80 Sept 7i« July 19 Nov Feb -•-k -500 • 37 k f —... ■ Williams (It C) A-Co..--* Oct Apr 1,700 99 : Ilk 88 V Williams Oll-O-Mat Ht..* ' Vk 18 k 10 k k -k Valspar Corp com... 1 $4 conv preferred.:.. —5 Venezuelan Petroleum..-1 May k >: i 8k priority stock... 1 ■*n July 9 k 18 k "H Stin'ues (Hugo) Corp. Stroock (S) Co—.... 1 f96 .1955 Jan "*i» 30 lk • .1952 Aug 1 Sept 44 X 4(M) Cincinnati St Ry 5ks A... 6s series B.... .1948 June -40 k - - Equities com —10c Utility 2k Jan -he • Sterling Brewers Inc.... 1 'Sterling 12 k ,f«. 2k 17 k Nov ;u 6k Jan Mar July "200 3I6 ■ 60 k West Va Coal |:Coke... .5 i k« May 19 • b6 •29k Central States Elec 5s Continental Gas & Elec 5s.... v.—50 88k 107 k Ilk 43 13k .. 60k 50,000 43 47 49 „ 73 k 105 k .1927 Fcl) be 925 3,000 42,000 1,000 §4Chlcago Rys 5s ctfs..... Mar Sept 7k 84k 88k 88 105k 1()5k Jan he k 3,600 > lk •fe'-aoo v' 2 "300 13 k Jan July Oct ■*« -■■ 600 3,400 May 84 88 k ...... Ilk V;P' Westmoreland Iho—. -i i ISO 5% 2d preferred. 20 . 29 k 27 k 5k • Jan k Nov 4k ' Wolverine Portl Cement 10 , 20 k * * ' 4 Nov ik - -k - ----- We.itwortli Mfg 20k 1,000 . - .1964 99 k '•-. Oct - 105 102k 106 .1953 ■4. 3,600 k 58 -». Wayne Knlttl ig Mills...5 Weill igton Oil Co... 1 112 k JOO « - lk 1,000 .1954 5,875 ;? 49k, Apr ; 90 43 Sept 7 k 9H • « Oct Jan . Standard Silver Lead.—. T -'i . 56 k lk i ; Dec Pec 250 : 150 ■ Mar Apr 17 k 24 k 24 M - 3k k 12 k 1 yg 107 k 400 24 .. 6% 1st preferred 44 3h Jan 150 2,300 Preferred -... — .—* Standard Products Co.. 1 ■'.'mmatm w-rf lk S16 i 4^000 U2h . 43 k 3i« 3k " ...100 . . lk 1 ig Co...;—I Standard Oil (Ohio)— Sterchi Brim Stores . 53 k 6 Walker Ml lk k Nov 1,700 14 2k 5 700 Inc Stein (A) A- Co _ 2k Sugar.. West Texas Utll$6 pref i - 52 60k • 5% preferred - —- 5 7k Feb 4k Sept Feb 35k 38 cl A.25 Common ^ X Utah Pow & Lt $7 pre!—* Utah-Idaho Jan Va Pub Serv Southland Royalty Co. —5 i > Universal Products Co. —* Sept Apr ■■xxty: June 2 k July Jan Nov Jan 8k I 104 .1954 Central States P & L 5k«-- Jan 89 Sept 104 Apr lk • Southern Union Gas... Preferred A----—->-25 j J, pref.-.,.-.* United Wall Paper .2 Universal Cooler class A.* ClassB —..-.-* Jan 600 »i« 2% preferred .25 6% preferred B._....25 6k% pref series C...25 Standard - - i300 ...... - ^ 114 50c U S Stores common Utah Radio Products 7% preferred 100 South New 12 igl Tel... 100 / - i - Universal Pictures com. .1 "98 k ~98k 4,000 Apr " Jan 200 J 70 104 Broad Itlvcr Power 5s 158 Aug Universal Insurance. 155k 157 *32 'is 1 _ 103 Nov Mae 70 20 Oct lk June ord res.iL 127% Pf 100 5 Corp pref— conv 37,000 12 k Ilk 18 99k 10()k »is • $1.50 U S Radiator com...... Ilk Sept : 180 57^ Jan 84 123 ■ 74. ~ Jan 103 .1942 June 7 5 103 k .1953 22 3 4k 115k 6k Dec 9k 100 9k 9k 8% ortgi tal 1st ... .1970 2ks......... Canada Northern Power 5s. .50 44- 7 , Southern Calif Edison— Spencer Shoe common 101k 103 k Boston Edison Canadian Pacific Ry &s.... Central 111 El & Gas 3ks— 26 United Stores common.50c Mills...* Solar Aircraft Co........1 Solar Mfg Co — 1 Soaoto le Carp 1 Soss Mfg common—...... 1 South Coast Corp com..l South Penn Oil 25 Southwest Pa Pipe Llae.lQ i Graphite 140 19,000 Jan 26 1 $5 1st pref with warr... * U S Plywood— 106k 115 1,000 k k 104 k Jan ' U S and Int'l Securities...* 7,000 157 102 k 10 2 Aug v - Feb 114 157 Jan 1 Feb 114 157 "re k -Oct k Oct 19k Feb 105k 114k 102k 8k 80 9,600 100k 127k 8,000 .1968 .1960 V:...... 7k" Jan k Nov 106 k Feb hi Nov . 29,000 113k 114k .1998 5s series 0 k 80 316 lk Jan. 1 Birmingham Elec 4ks he ■ Specialties corn__l H 2k Nov 8k May Smith (II) Paper ; Stahl-Meyer - 53 25 Preferred United Nov' :Cv k Feb 3i« Amerdep rets (A G) & -V a. Nov 110k 112 Ill .1957 Dec ki - - "65k "3,350 113 Simplicity Pattern eom..l Simpson's Ltd B stocks .* Singer Mfg Co 100 Singer Mfg Co Ltd— ; Spalding • - United 61 2,600 ... U S Foil Co class B ""5 k * SimmooB-Boardmau Pub— $3 onV preferred * '• reg 14 k Aug 24 lk k 43 Silex Co common.. Southcra dep rets ord Nov Nov U S Pow—* com-25 5% cum prefser AAA 100 Sherwin-Williams of Can.* • Am Apr Sept Gee 23k .1 74:" 7k June Nov 87 l32 ®32 * k ' 87 - 632 * Apr io'k -> 5,700 ; Since. $ Bethlehem Hteel 6s... Jan. ■' 3k .•—£' .1950 — — Bell Telephone of Canada— 1st 5s series B.;......... k June •v 2,100 '32 Week B .. .100 Common class B 41 !3J - i-' £ Nov 4' . . $6 1st preferred... k Sherwin-Williams Southern United Gas & Elec Co— 7% preferred 118 k 117 'J5 _ United N J RR& Canal 100 ela s B.....1 Southern Colo Pow 30,800 Jan 2k Shaviolgan Wat& i 100 6m Jan 43 lk 43 Leather common.—* Shattuck Dean Mini ig---» • 8k k Jan 40 k IX 25 Seton . 8k 117.k Aug Sept Oct Provinc'l Sts Ltd. ord reg-.l City G & Skinner Organ 2,300 k Vs 6k 10k Am dep rets Sioux 7,400 J32 ; certificates... Sentry Safety 29 *S2 * - Convertible stock $5.50 prior stock sts 4 32 9 Gee Nov k 9 1,000 14k . k lk % 4,400 Selby Shoe Co.---- — * Selected Industries Inc— 1st $7 pref uon-vbting—* Jan Nov. 7k Ir. 14 k Jan 14 .* — Jan 5k • •..""400 8 k ... Nov 36 2 — 3 Clgar-Whelan Sts.-lOc United Corp warrants.. Jan »u Mar 500 " Segal Lock & Hardware. A Selberllng Rubber com...* Un 4k 60 k 13 k 115 "7k 14k Nov Nov k . Nov June •-•7 k 500 ;T $3 cum & part pref....* United Gas Corp com... 1 22 3 " 7k Jan k 115k 2k 1,500 1,100 'T. Unlted Lt & Pow com A—* 4O0 hi« — of Prices Low Ifioli Baldwin Xmcomotive Works- . United Aircraft Prod 1 United Chemicals com.,.* United Milk Products % - July Sept Pie 17 k May 8,300 3I« Bros Inc Serrick Carp Gee k 7k L Jan Nov k Mar 9' 7 k Canada^—* Union Gas of United Elastic Corp.. 9 9 5 UnStk Yds of Omaha._l()u Jan 15 Nov k 2k 4k Unlon Investment com. .♦ k Jau Brook- Spring Self ridge Jan 2k 4k July k June 28 Sept Feb 2k 10 Sept 3k Nov k k 12 6,600 50 k common, Warrants Allotment 121 70 13 13 $6 pref... Scullin Steel Co com. Seemau Feb Oct 125 22 Servlee $6 pref— Water lk May 2 600 X 1 Conv preferred.i±y--2«> Scovlll Mfg ...-25 Scranton 10 6,100 Scliulte (D A) common Scranton Face July 2% Va * 5 ----* Sanford Mills Scranton Elec May 19,000 116 115 2k Salt Dome Savoy 1 1% Ik 1 10 Ltd— $2 conv pref. -50 Class A .1 Ranoe for ■ ', Convertible 6s.— Udyllte Corp--.Unexcelled Mfg Go Week's Ranoe Last bonds j High ■ :'Ik ' Ncv 6k July ... ^ ' -r Shares -7k f- 7 k Sales Fridag Ranoe Since Jan. 1, 1941 STOCKS Ranoe since Jan. 1,1941 for Week's Ranot Last Sales Friday eaues 'Ttaay 101 ; - n <r Volume 154 Number-4017 THE COMMERCIAL & FINANCIAL CHRONICLE 1407 NEW YORK CURB EXCHANGE Friday stales Inn Week's. Range BONOS SaW (Continued) Price Metropolitan Ed 4s of .1971 4s.series G..._ ,1965 ——. Prices Low ..... Friday for Range Week Since Jllgh bonds: • X f.! ((-'ontlnuul) 1064 1004 4.000 107 4 1074 ,..8,000 1st mtge 8 f Middle States Pet 6 %aji Minn P <fe .1945 .100% too .1043 57% 56 z . Midland Valley ItR JSs Milwaukee Gas I.lght 4%8.—- .1067 L4Hs,...;;..„.,.. .1978 1st & ref 5s... 1955 . Mississippi Pow & Lt 5s... .„i. 1957 MMRsinpl Hlver Power 1st 5s.. Missouri Pub.Serv 5s ^. .1951 1074 io ih 196(1 . loon 8.000, 574 25,000 4 106 }06 1034 1074 104 4 1114 103% 103 108 100 4,000 ,, 1044 1114 1034 16,090 109 ,1124 964 104 Nebraska Power 184 .11081 in. v 6s series A. .v.*.-- .W3.'— ..2022 Nevada-Cali for» la Elec Os;—.—: ; .;.1956 New. Amsterdam (las 5s.... ..1948 974 — 644 .——-id 948 - -— New England Pow 3%s...— New England Pow Assn 5s. Detenture ; 1950 65 i.1961 .1948 864 1954 904 ....... 111.; 120 120 . 974 • 974 us New England (las & El Assn 5s...1947 5s:. Sx&Z '.'• Conv deb 5s III: ' 7 i 994 1024. 105 4 109 < 12,090 1,000 1,000 2,000 184 :wm 9,000 50,000 19,009 64.090 18 M 107 112 ♦income6sReries A.....L.—..1 -1049 N Y State E A G 3%s 103 ..1964 - N Y & Westchester Ltg 4s... .2004 . Debenture 5s....1...._•'. 106 ..1954 564 56 4 ■ 66,000 86 111'ill 2,000 1074 106: 3,000 103 1,000 4,000 114 33" ..1953 Nippon El Pew 6 %B 32 33 1014 5%sseries A..;—....—... ..1956 ..1947 102 59 107 4 21,000 107 4 108 4 1094 8herid.aa,Wyp-cpal'j6R;,^i? inV I.... -:1957 104 .:1965 105 45 Southern Calif Cas 3 4«... _■_;.. -1970 Southern Counties Gas (Calif)— '•i 1084 1st mtge'Sfi.i..fi zzji ..1971 Southern Indiana Rys 4s.t..... -1951 1044 1044 1044 Southwestern Gas A El 31,000 53 196.8 1094 109% 1064 107 1094 .1962 Okla Nat Gas 3%s B .1955 Okla Power A Water 5s... . 1948 104 1094 15,000 1094 1064 28,000 -U989 1074 104 104 464 -1948 1054 1074 107 1114 1064 109 103 1064 5,OIK) 6s gold debs... .-Z-r - -" Standard Pow A Lt 6s..j: ■ --. - Park Lexington 3s l'e in Penn Electric 4s E.. z ..1977 — .. - - — 5s series II 3—.3? ———. 105 105 106 ..1962 106 106 1064 {109 109 .11972 1144 ..1962 ♦Piedmont Hydro El 6%8.„.— ..I960 111 109 ♦Starrett C trp I nc 5s Stlanes (Hugo) .Ccrp-?Yf ,7-48 21.. -1 -ui.. .i. 3600 104 100 ♦Terni Hydro El • 1951; 52 75 4 84 87 4 984' 85 v 101 1054 102 4 1064 404 39,000 82 1953 6 6 1940 1950 199 102 954 -1956 109% — Toledo Edison 34s....:. 1,000 1074 1094 100 4 1104 1064 1104 8,0(M) 109 26,000 69 26,000 65,000 694 694 16,000 70 824 29,000 824 19,009 *174 -.... 13 4 18 134 6 <» -. "S.OOO 1094 1094 1110 112 4,000 4 Conv 6s 264 1004 864 984 • 8,000 .1956 1074 94 104 •3,000 33,000 22,000 J2022 1074 108 11184 120 1979 ,094 100 — f-....... 448 serle« 1'.... •— — — -196! Potrero Sugar 7s stamped-— 1947 Power Corp (Ca t) 4 4k B. 33——,1959 ♦Prussian Electric 6s.....1951 " 100 100» 2*000 100 . 177 4 194 106 4 1104 108 4 50 80 15 109 4 ..1952 ♦20-year 7s 1947 Jan ..".. 10^4 1949 — 104 115 e-s 1st lien A Con-; 115-1154 ,-104 104 |64 30 1004 1004 1034 1014 ,1004 100.4 1004 1004 103 4 104 • 1014 102 254 Danzig Port A Waterways ♦Extl 6s stpd...... 1952 - 107 ♦Cauca Valley 7s *':-.i„l952 ... „ ♦Prov Banks 6s B..1951 ♦6s setles A.. 1952 ''-i. 26% 26 4 26 % 26% !5 4 15 104 11 {5 4 {5 4 {60 .' 23 33 -i, — i •- 105 108% 114% 119 76% 6.(MM) V 59 79% 6,000 67 694 ; 74% 74% 4.000 11,000 74 72% >v- 99% 72% 100% for Range Since Jan. 1, 1941 Week % ' Low Y; 4,000 1,000 21% {6 4 28% 28% 26% Jan 6% Apr 11% Oct 6% Nov 22 Feb 1084 - V A;---. ♦issue cf Oct 1927. 664 67,009 7 114 5,000 1,000 114 1184 104 25 20 304 1014 1014 103 1084 93 4 1024 —... 6% 2,000 6 Jan 27 Jan 27 Jan Deo 3 16 May 13 Feb Aug 7 Mar 27% 27% 16% 3,000 22% Mar 1,000 23% a.:'-. 9% Apr Feb 5% Jm *.«• 8% .Nov, 15% Sept 11% Sept 19% 11,000 27,000 13 14 14 Cash sale, Bonds being traded flat, 30% Feb 42% June 16 Dec 15% Nov 40 Mar 8'% Jan Ex-Interest. Dec 20% Oct 15% Sept ; Mar 'u May H« June 3,000 d 27% 27% 434 June Mar • 6% 32% 228,000 1% 81,000 Deterred delivery sale. r . Jau 27 Dec 6% J--. Oct 7 June 1.000 10,000 3,000 34% > Nov 8 ' —3—: .2,000 {25 'w 1949 l.. —.3 I a . ■ 10 % 27% J Friday's bid aud a-ked price. ♦ 3 8% 15% 1% 1% Uuder-the rule sale Mar Sept 33 8% 19% 12% No par value 25 6% 1% ,r..1921 333--3 ♦ Jan '3 9733- Juiy 73 May May 6% 12% n 4 Sept Sept Jan Feb 68 6 {15 •*> - With depuration ♦paraua (State) ,7s.—1958 V- 30 "8 26% -4' - 1931 . 62 t ♦issue of May 1927 ♦Mtge Bk of Chile 6s. 22 ------ 15 15% 10% - " ■ ...... .... -. Jan Jan Nov 5 6 .1958 i. 33 ♦Secured 6s._......1947 ♦Haucver (City) 7s... 1930 ♦Hanover (Prov) 64s. 1949 ♦Medelliu7s stami)ed_1951 Mtge Bk of Bogota 7s.1947 High ■ 64 15 75 {29 «4»' . ■ 22% 9,000 ..... 564 1214 14 -.. ♦German Cou Munic 7s '47 1004 32,000 '85 22,009 88 - 324 96 584 16,000 3,66o 69% 74 {2 {54 106 4 1094 44,000 110 105% 110% Sales 1948 3w... 118 — 5% 108 i ' — Oct 2% 2% Oct. 144 Nov Oiu-iot sale, e Ex-dlvldend. x No sales being trauiacted during current week. i f Reported In receivership. 959 . eiV.k 11 •104 154 1974 74% of Prices Low High 1951 With declaration.L... Ext 5s 1953 264 1054 1074 27,000 2% 2,000 " 108 .67,, "744 -1947 Agricultural Mtge Bk (Col) ::37 ♦20-ye»r 7s.3. .Apr 1946 ♦54s ♦Santiago 7s: 48.w) Uil Lt A Rys (I 63 Price 924 ;yU j,■ V; .. 82%' 26 64 Bonds ♦Rio de Janeiro 64S-31959 ♦Russian Govt 64a.. 1919 4th«tpdi.i.-ji,i:"i:..,..!1950 ; Detent are 6 -1944 > Friday 68 4 94 '5,000 55.000 100% Foreign Governments & Municipalities Danish 54s.:1955 |3 ~2,666 :i()94 1094 -654- 654 654 ♦United El Service 7n.---1956 ♦United Industrial 64a-v..i_ 1941 V ♦lst s f 6s. J.. ....v.-.i'i4i^r.:-.fl945 100 74% Mtge Bk o£ Denmark 5s '72 1968 .j United Light A Pow. Co—;. 1 )ebe dure 6s.. .v..z_. i JZZ- j1975 112 4 69 ■ 3,000 {119% 120 ..1044 -1937 ♦Stamped 5s..—........... 924 92 4 924 40 106 4 1064 . Potomac Edison 5s E. {♦Ycrk Rys Co 5s stpd 70 U 93 4 954 95 ; Cent Bk of German 8ta*e A I United Elec N J 4s...:.. 5s stamped extended... 1—... 94 1064 ..1060 ..... 92% 92% 174 134 16 J134 I960 j Twin City.RapTr 54s.... t 1024 106 124 294 2,(MM) v., ♦Marauhao 7s _.... 17,000 Portland (las A Coke Go—; ♦5s Htaraped. 109 101% 1024 102% 103% 09% 102 8.0(H) 2% 4 108 Last: IPcefc's Range 504 61 105 4 1094 101 11L4 34 4 46 824 -• 8I4 804 ...... - '24 r 24 Bogota (see Mtge Bank of - :1953 i 6s series Ai ;i 1-.4; sxsj Tide Water Power 5s:.. 110 Tietz (L)—see Leonard 1,000 „ ... ds unstamped...;. 6s stamped.. 1024 1064 824 824 824 814 82 824 5s........ Texas Power A Lt 5s. 4 1064 115 ; 1074 109 " 9,000 . 96 103 1,000 10,000 , ..2030 364 2,666 82 1,1960- :...i 1946 11946 105 4 1094 " ..1954 West Penn Elec 5* 9.000 6,000 102% 102% 5:110% 111 3,000 93 1094 ,.81 814 -1957 fl48-'--— Texas Elec Service i*Ulen A Co— ♦Pomeranian Elec 6s 05 W ♦Baden 7s. 82 1950 6,000 , 98% 102 Hotel— Lima (City) Peru— ♦6 4s stamped—...1958 V'%" 1044 1064 105 4 107 4 34,000 109 1U4 1144 1054 1054 110 15 121 83% 101 4,000 103% 103% 100% 100% i 108 2,000 40,000 " f 6s.......... .f1951 1014 1064 95 1014 37.000 1054 106 1074 1074 ..1970 Plilla Klec Pow 5%s. Pbila Rapid Tra alt m —— 6,(WK) ..1971 ..196♦ Pennsylvania Wat A Pow 3%s. 3%s. >. 106 ..1951 — 102 >. 1014 1014 294 30 1054 106 11954 1064 ..1947 Penn Pub Serv6s C. : 102 ..1979 — Y 5 s series I)i3 102 >4 1014 .1196* Cent L A P 4,4k 1st 5s. J ..1942 117 20 Certificates of deposit ..1955 99 4 -1961 8,000 .109 4 1094 ; 414 82 i 1948 :.1957 7-4s.3d stamped— — 100% 98 4 Wash lly A Elec 4s a r Con,v6s (stamped)---.'-—:-. Debenture6«...i-i - Pacific LIg A Pow 5s »i Pacific Pow A Ltg 5s.; 9,000 5,000 14.000 Washington Water Power 34s. ■4" , Debeuture6s.^....t.-.i.Dec 110 100 1,090 36,000 5,000 1074 107 "103% .1946 r;Jan. 1 ,10ft . 164 2,000 84,000 56 1108 107% 1094 1094 1134 53 —2022 _.. ..,— .1945 .1950 s Sale -1970 348---- Southwestern Pow A Lt 6s 014 494 . 1034 104 104% 1054 1084 1084 Southern Calif Edison 3s. ■ .1971 .1946 lst ref 5* series B. Deb S 99% 100 284 106 4 1094 133 1384 •8 54 824 944 05 94 4 944 tioo 101 .82 944 944 ..1947 Sou Carolina Pow 5s...... 1074 1154 24,000 J46- ..1067 ..1970 ....... " . 84 til 35 136 xm ....... Shawinlgan W A P 44s.. 1st 4 4s series D O Ogden (las 1st 5< Vft Pub Service 54s A. ,904 14 1084 1004 ..1937 Standard Gas A Electric— 6s (Stamped)..i.i Ohio Power 1st mtge 3.%». 1st mtge3s——. Ohio Public Service 4s.... 82 804 - ..1052 B-i|..... Spalding (A G) ..I960 ...2022 Since High ,100 994 Deb 6s series A.„„.. « Range 984 1024 t54 ♦54.-- ♦Scbulte Real Est 6s ..1051 Sculllri Steel Inc 3s..i......'..l ..1951 >f 102 4 1034 104 1054 60 16,(KM) 162 ♦5s Income deb............ .1953 ♦Saxon Pub Works 6s 1054 32 11024 102% {104% 1054 ...1948 4 105 -1958 ■■■.i North Boston Lt? Prep 3%b3 Nor Cout'l Util 5 Ms 3—: Northern lad Public Servlcei.: 1st 3%s series A—U. 104 98 177 448.^.-;-. ..1979 San Joaauln L A P 6s North American Lt & Power— ,ff:; 100 for Week 117% 118% . ..;1973 Wast Penn Traction 5«........ Western Newspaper Unloa¬ Safe Hurbor Water 974 . 884 100 27,000 106 150 7,000 694, 69 4 56 694 106 4 1094 104 f 6,000 33,000 1174 1214 3,000 84,000 1144 1144 1504 1514 1024 103 4 103 1014 1014 102 4 Low 118 Utali Power A Light Co— v..v . 1st Hen A gen 44s......1944 . Waldorf-Astoria ♦Ruhr r.as Corp 64s.'.-.i.. ♦Ruhr Reusing 048........ > New Orleans Public Service— j 1504 1052 Deb6ssorie8A ? [ 103 Prke United Light A Rys (Me)— 6s series A—..u > R 1144 124 884 994 44,000 64 654 644 65 64 4 654 109 4 109 4 86. '864 884 904 . ...1952 ...... 7,000 1064 1.064 1054 1094 1054 107 1064 109 > Week's Range of Prices Sale (Concluded) !i N : 1064 , Sales Last Jan. 1 % 1094 109% 108 4 1064 *: 7,(M)o 1064 1064 15,000 ~_3.... 1949 1st A ref 5s ser C„. .'j..------19,'»0 1st A ref 44s .ser D........... 1950 1084 Friday BONDS, . 1024 1064 3.000 9,000 994 100 r I 2,into 1094 -i. .^.-1969 j ' Queens lPtco Cas A EJec— 54»KeriesLA_. Nassau & Suffolk T.tg 5s... ..1945 National Paw & Lt 5* B. ..2030 ((♦National Pub Serv 5s ctfs.... ..1978 Since v 6% perpetual certificates..3.....,. .1 Puget Sound P A L 54s.........1949 1024*1054 106 Range Week Pilbllo Service of New Jersey— ' 604 8,000 -103% 1Q7% 11,000 deb 4s........I for of Prices Low High • 3%fl._s,...—.".-.1064 Pub Serv of Indiana 4s.. 104 504 — Week's Range Sale Price . Public Service Co 01 Colo— 1054 1094 107-1104 Sales Last ; , Abbreviations Used Ab/pe—"col." certificates of d»oodt: "ons." consolidated : "cuin." cumulative, 'coov," convertible; "M " rn irtgage; "n-v.' uou vctlug .iioci ; "Vt c," voting trust certificates,• "w I." when IssJed; "w w." with warrknta; "x w," without warrants. •. ' OTHER STOCK EXCHANGES hales Last Week's Range far of Prices Week Sale' Stocks (Continued) Nov. 29 to Dec. 5, both inclusive, compiled from official sales lists Friday Sales Last Week's Range 3 for of Prices Week Low 3 High Shares Sale Par Stocks— Boston A Maine— Price Range Since Jan. 1.1941 , Price. Par 154 . 1st Low •;: 53 ■ 116% 116% 10% 10% 9 9% "*94 Fidelity A Deoosit 20 Fidel A Guar Lire Corp. 10 Fiiiauce Co of Am A com.5 Houston Oil prof 100 - 34 10 23% 104 24% 25 28T, 28 Mt Vern-W Mills com. 100 3.50 3.50 . . Kept 59 Nov 10 114 May 6% 54 Sept 30 . % 1% 25 4 3.100 50) 65) 10 .50 J Jan 3% 1% July July 65c 65e 0 51c Nov 1% Aug 6% 7% 570 10 4 Aug .24 237 4 Mar 14 Jan 1 % Jan 14 ,Jan 14 Jan -100 •' Preferred. '.JZZ... New - 7% Jan 109 1134 170 11 , 10% Sept 135 Apr 29 94 Aug Oct Jan Gt 854 104 ; 9 . 15 4 May •U, 290 Feb 25 5 '27X Apr 204 J t'y 84 AmsterdaraCa8ualty2 North Amer OH Co 00111.. 1 33c -50 97,% Northern Central Ry: . Owings Mills Distillery —.1 Pa Water A Power com..* 84 . 18% 19% 665 33c 33e 1,300 22 33c 42 Philll[)s Pack 54% Pf-100 33" 3 45 97% .97% r. . 100 35c 4 ^ 43 4 .89. 89 254 24% 25% Western National Bank.20 34 fj- 34: 34 70 Jan 16 4 Jan 700 20c June ;330 434 'Nov t ' • 83 June 21 May 444 52% 45 53% ,102% 102% .70% J70% 21 21% 1975 (South Bound Ry lst 5s '41 , -i*.. 1) - Nov 40c ■ Feb 57 89 Mar Nov 294 Bept Feb , 62,000 8,800 11,400 1,001) 84 35 Jan June 91 334vMar 40 100 1,000 Jan Jan - 64% 10,000 Apr Dec 21 f> ,P~V. Dec 47% 56 4 Sept 102 4 Nov Sept ,=73 . . Oc$, Dep .214 4';* Boslon Stock to Dec. Exchange Friday Lust: .Sale.' Pa Amer Tel A Tel 100 JBlrd A Son Inc;:..33..--* Boston A Albany.. 100 Boston Edison.: ... Boston Elevated : . ... Class C 1st pref stpd. 100 Class D 1st pref stpd; 100 V-2% 3, *2 % 2 502 •2% 2% 2% ."85 11% 330 11 13 -•"19 4 Aui 194 137 12 4 Feb 23% Aug 325 % 54. Oct Apr 1% Feb 7 4 July .'.1.25 Copper Range East Boston Co... ——_'* 10 Price "77% .25 ; 24 e ;.44 :-.,.i54 •:,L5 For footnotes see; page 1411. V. 46 15% Range Since Jan. 1,1941 Week High 142% 145% .6% ,7y .77'. 79% '22.24 .v.100 ..'46 3 Boston Herald Traveller.* for of Prices Low 144% ■ Week's Range Shares fLow 5,068 '.i:, 75 ■ '..435 12,683 ~ 961 f.1793 , 142% 64 77 214 41 % 15..' High Dec Nov pec Nov Apr Dec 168% May 10%: 97% 34% Jan Jan Jau 50 % Feb 204 Apr . 21 1.00 80c ; ' Stocks (Concluded) Juue 3..L 4% prior pref—100 100 6% preferred. Common. 3.... — 1 -. 4 100. Preferred B.. .,:3.. 100 Warren Bros.... * * 24 Boston A Maine 4s... 1°69 E Mass St Ry ser A 4 4s' 48 104 Genera 1 Capital .Corp.. 33* Gilchrist Co i: .3.. * 253 Dec Last Week's Rang 7 4 for Oct Sale of Prices Week 33% 2% Gillette Sgfety-Razor Co.* Hathaway llak pref.....* Class B—— —3.-* Isle 26 14 609 14% 2% 40 ;4' J' 3, 4 • ;:/,.v . * •.' y Friday • ■ Stocks— Par 31 10 ; :: 5 3% Sept Aug Apr 2 25 lc New "Engl Tel A Tel—>100 New Riv Go 6% cum pf 100 25 ,:18c . Old Colony RR...100 Pacific Mills Co3.;i-^-'3-'.,*j ; 53c . gtone A Webster I—3'.33 3* Torringtou Co (The).:...* Union Twist .Drill Col.'J.S United Fruit Co.:3—3.. .* 9% 3335-;.' 23% 37 744 51% '•V:53% 43% .. ■ 500 44 Jan le 600 lc Dec 3 723 ■ 108% 49% 74 ; ' ' 4 4)51 24c 8,675 Oct li« 28 3 19% 4% 144 100 Mitt cap.50 21 July ^ Jan 18c Dec 1,003 05 5c Nov .11% Feb Dec 2,592 .320% - 383 . 555 94 54 "a; "772 •276 26% 37 A 59 • 1,061 2,386 78% J 25 Equipment Co com.. 1 Asbestos.Mfg Co com Athey Truss Wheel cap..4 Washer Automatic Jan Aviation Corp (Del) Oct Barber Co . 129. 64 , (W H) Apr Bastian-Blessi*g Co com.* Feb Jan BeldenMfg Co com..... 10 Belmont Radio Corp 4 • Dec Bendix Aviation com:...5 -%«Feb; ;45c June 25c Mar 19% Aug 254 Juue 1 % June 50c Oct 9% Apr 11 5 Dec 84 30% 23% Dec 33% Feb 594 June 49% A or 42% Oct "2,011 500 65c Dec 205 7% Nov 20c Dec 40 --Jan Jan Jan Mar 78% Dec 63% Sept 464. July — y — Brbwn Fence & Wire Burd Piston 1 com. 1 Ring com. Botler Brothers.... . 1 2% 10 54 •21* . 57o cum conv pref....30 Campbell Wy & Can Fdy_* 52c Mar Cent 111 Pub serv $6 pref.* 1 Mar Cent 111 Secur Corp com..l A or Convertible iireferred.:* 9% 14 8% • "•73* • , ht 8% 600 1% 1,250 Nov 733Y •3364 7 •• 1% Dec Oct Nov May 23.4 25% Nov 2% 850 •; 2 H 580 3% 384 7% 60% ■ 24 7 ■: Aug Jan 1684 29% Sent Jan 5% U% Aug 2% 35% Jul. 29% 3H Aug % Aug 5% Jan Jan Apr 17 300 16 Nov 19% Apr 100 10 Jan 12% Aug 100 3% 32% Oct 6 Apr 41 907 155 109 2,809 280 1,600 250 650 6 56 4 4% Ja 1 Sept 8% Jan Nov 75.% Aug Feb 5% June 13% Juue 18% Jan 16 20% Sept 14% 1% -7 10 'g An Oct 18 5% Jan Dec 24 Jau June 11% Aug Sept Jan 14% 4 Jan Jau 6% 23 Aug Aug 14% Jan 95% Jau 6u July . 700 Jen Apr Dec 400 24 2% 4 4 Feb 3,400 5% 350 •19% Jan 21% 10% ■Vy 4Q 9% Nov Dec 30 73 73% >16 Feb 3,000 >16 7 Jan Jan Dec 880 12 , Jan 144 1,800 5% Apr Aug Jan 36% 3 21 June 04 ' Jan Dec :;3 Aug 27% 16% 11% 2% 5% 21 104 •(•'•'7 Nov 23 12 3%! 4% 142% 24% 3% 600 12 " .us.:: 324% 164 5 . 1,740 27 14% 14% 19%. 20% 14% 14% 1% 14 84 8% 5 om Jan 50 57% Class A preferred— Oct Dec 23 19% 4,250 6% - 14% 20% Apr 100 % 4.3 37% 204 14 % Feb Feb 500 144 ♦ 1 Borg Warner Corp com..5 Bracli & Sons (E J) cap..* Bruce Co (E L) 34 „ "58 % Bliss & Langbllu Inc com.5 Jan 1,600 1,269 1,100 2,150 44 28 1% ,W6% 1 12% Jan 4 ***. Sent 10% 10% 14% June 3% 14%. 3% 38% Berghoff Brewing Corp.. 1 Bethleliem Steel Corp com* Blnks Mfg Co cap. - 250 11 17 3% 46 x V- Jau 51 85 26% 2% r 3% A or 10 8% « Jan Nov Mar 40 r25, - % 2 % 20 > >•; 43% 8% 150 I 57 4 86 r44 coup.3 TV. % A j—3 com.il 100 790 Feb 19% 27 3 W y 274 High 46 85 374 1 Atcli Top & S Fe com.. 100 52c - v- Aro Low 700 400 142% 145% } w-v1 Associates Invest Co com.* 28% 6% 4c • Nov 28 c '{?& <r&2&\ Armour & Go. common—5 13% . 27% ,24% * 70) 11 v Feb 84 - Anaconda Cop Jad 5c May 20c •• • Jaa 35c 6% July Venezuela HoldlngCorp. .1 fine ±:; 3.: 3 3* 3^. G": 74 Waldorf Pystem. Amer Tel Ac Tel Co cap. 38 Jan 5% 44 ,45i.,Oct peb May 53% 22 13% * — Amer Rad & Stand com—* 4- 18% 60e Allls-Chalmers Mfg Co. Amer Pub Serv pref. —100 Oct 1.2% "466 loc 3 10c 154 16% 20% 21 ; (pdncy Mining CbiV.33:25 Shawmut Assn T C:.3..^* - 1,298 ^' 30 64 . May 12 % ly" 30 y; i7e - Oct July 18% 22 4 —25 :: 20% 22 11 11% * Corp conilO Class A 44% 10% 2% 11% 13% 20% Ran is Since Jan. 1. 1911 Shares 51 xV)% 44% 2% Bearing com;; 1 Allied Laboratories com.:* Adled Products High 10 Aetna Bill 4?% 2 July 2% Sent July 13%. Jan 20 "55 U04 111% ,60 ' "••'T-yJir Au? Nov '% Apr 1% May 419 5 16% f 27 ' -' 5% 28% •; May *20c 825 : 13% 27% •3 Feb Low 504 • j 44 : i3c - 16 Abbott Laboratories com.* • 1% preferred3*3—^'.100 Mass Utll Assoelates vte.l Aug 8% 796 - ' Mergeutbaler Jdnotype. .* Narragansett Rac Assn—l" N at Serviue Co4?om t c—.1 May May 1,128 ' Adams (J D) Mfg com: ...* Advanced Alum Castings.5 14 June -"-50 .4 Jan 2 Apr Sales Price Altorfer Bros conv pref—* 88c 13% 41% 244 May 3% May " Maine Central com——100 Acme )*teel Co comraou.25 Apr 350 u2 28 Jan 3% 20c 1% Jan 58 % 21 3i:i '4 28 34 Nov 218 ...... -4% • 20c 20C NOV 75c Jan ' V; /Loess's' Theatres-(Boat). 25 UultedBhoe Macb Corp.25 6% cum pref 33 3.3325 •Utah Metal A Tun Co... 1 • 304 - 1,375 4 . •34 :.r-3% Royate'Copper Co.. 15 Cum " 6 264 ' 25.61 25.68 26.63 ' 150 Mar both inclusive, compiled from official sales lists Feb 33% 74 105% icago Stock Exchange Nov. 29 to Dec. 5, July 334 June Dec July 47 % June 31 June 2c 28 1 Dec 66 4 15c 178 1944 Nov 101% 44 - 24 11.000 100 - 1, High 81,609 100 54 • 71 104 4 . 205 474 "28% 70% 3c .1% % 5 54 1 Low Bonds- 25c 9c June Range Since Jan. 348 4 24 3c 47% :r24 % for ' Sharei Illgh v 5% 1% 144 c. Low 25) " Adjustment:...:... 100 Price Week 5% 103 '47% Eastern SS com....... Empl Group Assoc T of Prices 6 r- Eastern Mass St Ry — Com moil ..I.:,.;': . Week's Range Sale Warren (S D) Co.. 3% Aug 3% July 14-; Jan Par Eastern Gas A Fuel Assoc— Pen nsylva nift 11R .33 .3-50 Sales . 11 N YNH AHartf RR..100 North Butte...'—..3*2.50 5, >both inclusive, compiled from official sales lists Stocks— 552 0% cum' prefl —-3:—15 9191.. GaSou A 13a 5%:- .,-1945 Nov. 29 331 Lamson Corp (Del)3conii: j. 3.:.—.1975 B 5a----.v- Jan Aug Aug Aug 2 2% Cliff Mining Co 1 Balt Transit Co 4s f!aH975 A 58 flat3 334 Sept 1.15 34 3% 3% 14 2 Brown A Durrell Co coin..* Dec 20 4 98 : ■ ;Atl Coast Line Conn— C Certlfsof (ndeht 5% -.J... 44 Apr 84 May ' Bonds— 3.75 20c ,Oct 2,348 x Feb 94% 100 U 3 Fidelity A Guar. 34. .2 2.25 2 -5 '"2% Caluuiet A Hecla.'.— .5 Oct Nov Jao . ipm pref..—".1(M) " .-100 Jan Class 111st prof std-.10() B wton A Providence—100 Jan Monoit W Penn PS— 7% preferred.... 1 1% Sales Last , High • : Boston Pers Prop Trusts.. * Jan 71% 1184 54' Jan 3 325 . July 1.00 (Sept Jan 27 678 3 •: .100 " 1274 128 34 1.65 • 11) 3 , ■29 1, 1941 '■ Loic Preferred stamped... 100 Class A 1st 174 Sept Jan .. 27cMay 139 27- 50% 4% preferred B .>100 1 59 3.80 *27 53 Davison Chemical corn.* 100 Eastu Sugar Assoc com vtc 52c 3.70 pref vtO:-.--- —100 Brager Eisenberg Inc com 1 17 Friday Range Since Jan. Shares Preferred.... Prior preferred..-..lOo High 14% May 45 :sV. High ' •660 28 51c Co iKOl Gas E L A Power.* 4 16 27 - Low Common stamped. Class A 1st pref stpd. 100 Arundel Corp..v. At!Coast Line (Conn) 50 Bait Transit Co com vifc. * ■ 7 Dee Tuesday, December 9, 1941 OTHER STOCK EXCHANGES ;i!.^ I Stocks Par (Continued) Range Since Jan. 1, 1941 Last Week's Range for Sale of Prices Week High Low pTiCe , Sales Friday Sales Friday Low Shares Stocks High Week's Range for Sale of Prices Low ■' ' High Shares ■ Range Since Jan. 1, 1941 Low High • y Cent S W Util com.—50c 4 * 32 V* Preferred.... G- - - - - * Cherry Burred Corp com-5 Chicago Corp common— 1 Convertible preferred..* Chicago Flex Shaft com..5 Chicago Yel Cab cap. — * Chrysler Corp common.. .5 Cities Service Co com... 10 Club Alum Utensil com..* Coleman L & Stove corn..* Com'weulth Edison com.'25 Chain Belt Co com 250 4 294 30 17% 17% 11 11 4 25 154 300 10 4 Jan Studebaker Corp com Jan Jan Sundstrand Mach T'l com 5 V'A 14 Jan Swift International cap. _ Jan Texas Corp capital .25 Oct May % Oct Feb 58 534 58 250 504 Nov 9% 190 50% 52% 3% 1,015 1,250 3% % '22% 14 8 cl A.50 Common class B ——* Vot tr ctfs part pf shs.50 Consumers Co com 37% 21 % 1 1% 5% 6% 1% 1% % 5 % 4% July 73 Jan 84 May 104 504 Dec 34 Nov 724 64 24 Sept Jan July Jan July % 360 1 37% 22% 1 314 Oct 30 374 Nov 41 15,750 3,650 2,231 20 4 Nov 30 30 4 Feb Jan Feb 160 44 Jan 54 14 20 6 64 Feb 4 May Mai 24 Mar Jan 14 Container Corp of Amer-— —.±'.20 Common Continental Steel com.... * 14 .25 Crane Co common Woodall Indust 13% 325 194 Jan Wrigley (Win Jr) Cocap .* 154 8% 14% 11% 94% 17% 8% 24% 23% 0 8% 9% 18% 320 18% 3% 3% 30% 2% 32% 2% 3% .1 Eversharp Inc com Fit/5 Simons & Con D & D- Jan 10 Sept Apr Feb 21 28 4 June May 150 5% 200 8 8 200 4 4 100 * 5% com...5 .5 —. — 11 May 1,000 5 General Candy cl A Dec 7 2 '27% General Electric Co com.. * General Finance Corp coin! General Foods common.. * "364 10 5 44 % Nov 55 11% U% 50 9 4 27% 2,250 May Nov, 114- Nov 26 26 1,400 14 Oct 180 334 Feb 42 6,550 354 48 4 Jan 44 44 Jan Oct 5 Jan 6 4 Oct 16% 6% 17% 260 8% 350 Great Lakes D & D com.. * 12% 11% 12% 1,450 Co com...10 10% 10% 9% 11 9% 700 '33% 180 Houdaille-Hershey cl B..* Hubbell, Harvey, Iuccom5 8 33 13 4 255 25,4 16 1,925 34 600 x46% preferred c..* Jarvis (W B) Co cap.—.! Katz Drug Co common.. 1 Kellogg Switchboard com. * 66% 6% 45% 14 14 12« 68 7% 48% 14 14 124 7 4 74 44 f 4 4 7% Xi% - 154 3 pref.* Jan 50 750 25 Internat Harvester com..* Jan 134 174 4 Nov Nov 1,010 -.* Interlake Iron Corp com.. * 35 Dec 8 4 hi Inland Steel Co cap Nov Oct 9 4 40 304 1% 7% 3 Jan 50 % 15% Jan Mar 701 1% 74 4,4 4 1 64 150 Nov Nov Nov Jan Jan 3% June 214 May 104 294 15 Nov 214 3 June 4 Aug Jan Jan Apr 664 Dec 904 Jan 550 64 Dec 434 May 14 Nov 94 504 2 4 2 4 Aug July 10 20 1 50 May 124 Dec 18 74 Dec 14 4 Jan 54 May 9 4 310 1,000 300 7 3 50 Jan Jan Feb Mar preferred....—100 974 974 50 4 % 64 800 La Salle Exten Univ com.5 10 x6% Libby McN & Hbby com.7 Lincoln Printing Co com.* 4% $334 preferred 64 44 54 Sept Aug * 18 106 4 Jan Apr i 4 84 Oct July 74 Jan 6 1,319 44 Dec 1,200 'i« Nov 260 11% 64 Nov 100 350 94 Apr 14 21 144 24 300 18 18 150 174 June 23 11 2% Dec % June 974 50 124 64 H4 154 24 64 Lion Oil Ref Co capital...* Liquid Carbonic com... Loudon Packing com 5 *16 12 —.... Line Material Co com...5 105 Nov 134 May 14 Feb 29 220 24 4 Feb 29 14 4 1,975 134 Jan Martin (Glenn L) Co com.l 25% 254 144 26 4 200 254 Nov 25 254 124 204 Apr 174 32 4 284 McCord Rad & Mfg A..* 13 Dredg'g. com* 74 34 Merch & Mfrs Sec A com. 1 28 $2 cum part p»ef * Mickelb Food Prod com.. 1 Midland Un Co conv pf A * prlienlOO 7% prior lien.......100 7% preferred class A. 100 4% 4% Common v t c - xi 44 11 12% 114 Nabco Liquid't'sr Co cam* 'mi Jan 19 74 200 54 Jan 10 34 34 44 National Standard com. 10 N Y Central RR cap.... '28% 9% Noblitt-Sparks Ind cap. North Amer Car com.-.20 Northern 111 Finance com. ...... Noithwest Airlines com..* 7% pref.100 10 Omnibus Corp com Peabody Coal 6% pref.100 Penn Elec Switch class A 10 50 20% Peoples G L& Coke cap 100 Poor & Co cl ,88 B....— * luc capital.... Pure Oil Co (Tne) com.. 600 44 150 23 Aug May 27 Nov 23 23 50 22 19 19% 94 780 10 July Au; 34 Aug May 32 300 94 1,500 23 4 600 950 100 300 700 130 50 7V4 Sears Roebuck <fe Co 64 30% Sou Bend Lathe Wks cap.o Feb 434 50 44 Apr 64 JulySept 100 6.... Sept 94 Jan 709 104 84 Amer Rolling Mill......25 City Ice................ * Columbia Gas "i'% ...10 364 Timken Roller Bearing .. 104 9 * — General Motors 114 * 14 354 404 94 193 14 1,534 37 404 477 20 Nov. 29 to Dec. Par Stocks- 54 Clark Controller Cleveland Ry Jan Oct Cliffs Corp com Colonial Finance Oct Comm'i Bookbinding....* 100 Jan Dec 1,690 1,325 14 June Jan 7 150 Electric.,y. Dec Jan Jan Aug Apr 12 4 Oct 204 Aug 7% Ohio Oil com...... 634 54 304 64 4 1,014 634 Dec 784 Jan Otis Steel. 54 450 14 Feb 6 4 Sept 304 70 284 Mar 304 Dec 154 x34 154 150 144 Apr 18 Jan 150 29 4 Mar 37 4 Nov 4 Jan 4 4 Nov 6 4 Jan Richman Bros......... Standard Oil of Ohio 25 Jan Thompson Prod Inc 700 393 3,050 4 254 40 4 Mar 44 June 24 4.84 24 Dec 60c June -l ■ Sept Dec Hoskins M fg common, .2 4 104 104 125 10 Sept 94 34 Jan Jan Sept Jan Jan 7% 21 Apr Jan Nov 144 13 4 Jan 94 325 84 3 Apr 44 33c 33c 34 33c 210 Hurd Lock A Mfg com...1 650 30c June 46c Kingston Prods com—..l Kiasel Drug common.... 1 14 14 14 500 1 48c 49c 600 46c 14 14 3,290 14 May 14 Mar 19c 22c 6,815 16c 25c Jan 14 14 14 100 14 500 77c 77c 100 60c Micromatlc Hone eora__. 1 54 5% 200 54 May 8 Mid-West AJmis com..50c 1 14 600 1 Oct 14 Motor Products com 64 54 24 7 315 6 4 Dec Apr 84 Jan Nov 34 304 Jan Houdaille-Hershey B—.* Hudson Motor Car com..* " Masco Screw Prod com —1 __ 22c McClanahan Oil com. —1 Michigan Die Casting. Michigan Silica common. 1 Michigan Sugar com..... 1 Murray Corp com. . ; ^ .* . ...10 w 24 Packard Motor Car com.. * Parke Davis coin „ 63c Peninsular Mtl Prod com.l 5 1,030 1,903 25 64 74 435 6 60c 63c Prudential Invest com—1 1% 14 Oct 60c Jan Nov May Jun 2,4 Jan 14- Apr Feb t 100 26 26 * Parker-Wolverine com. ..* Mar 14 54 24 264 Jan 2 June 14 Sept 1.25 Mar Aug Jan 11 Jan 4 May Nov 1,200 60c Nov 14 4.599 1 4 June 14 Jan 11 Jan Jan Jan Reo Motor common—..5 1 1 366 75c Apr 14 July Rickel (H W) common...2 2 2 300 2 Apr 2-Hi July Sept 14 24 615 24 164 315 14 164 Apr 164 Nov 204 Shel.'er M fg com...... 24 100 24 Nov 44 Jan 200 1 Feb 24 Au? Standard Tube B com—1 14 1% 24 1% 14 600 14 Aug 334 260 294 Mar Feb 24 334 334 9()c 92c 400 90a Nov 14 Jan 70(; 73c 575 50c Oct 75c Nov 400 24 Dec 4% June 44 Ri ver Raison Paper Scotten-Dlllon 24 com.. * common. 10 1 Simplicity Pattern com..l Timken-Det Axle com..10 "93c Tivoll Brewing com 1 Tom Moore Dlst com 1 IJdyllte. 1 •" - 2% United Shirt Dist com...* US Radiator pref......50 Universal Cooler B......* Walker & Co B * Warner Aircraft com 1 ---- 36c 100 3 3 260 3 2c 44 34 34 2 Woodal 1 Ind. 1 i* .... ..i.. .2 to 36c 4c Wolverine Brewing com..l Nov. 29 134 14 » Wayne Screw Prod com. .4 Wolverine Tube com. 24 44 134 24 4 400 - 4 50 114 Jan Jan Jan Jan 5 Oct - 16 4 Feb 14 Jan 31c Nov 24 Mar 34 Feb 14 Jan Jan 34 Sept Nov 13c Apr 14 34 825 1 700 2 4c 18,534 2c 44 200 4!4 Dec 5 4 May 3 4 200 34 Dec 44 Ap Feb Angelas Stock Exchange Dec. 5, both inclusive, compiled from official saels lists Sales Friday Par Range Since Jan. 1, 1941 Last IFeeA;'* Range for Sale of Prices H'erfc Price High Low Low Shares High 70 Bandinl Petroleum Co—1 2.70 * 54% preferred 50 Berkey <fc Gay Furn Co.,1 a84 Apr Feb Nov 94 Nov 64. Aug 13 1,495 2.65 2.95 600 24 Jan a84 a84 20 64 May 30 81 400 274 % leb 30 30 % 4 4 4 24 818 14 Jan 24 lc 2.500 lc Sept 2c lc le 1,000 lc Nov 3c June Byron Jackson Co * Calif Packing Corp cam..* 84 al94 184 134 524 64 84 84 194 al94 184 134 134 184 366 524 524 40(1 64 353 64 650 214 621 .* 214 a69 4 Jan Jan Farmers & Mer Nat Bk 100 385 .•— — 18 6 Electrical Products Feb 114 224 Aug 94 Jan 20 AU? 34 May Nov 5 2 Feb Feb 744 8% Dec 94 Jan 54 54 200 54 Dec, .74 Jan 4104 Jan 94 June 20 385 385 Feb 17 385 Nov Dec 9 Feb Fltzslmmons Stores Ltd.-l 64 64 64 505 0% 1164 Gen Motors Corp com.. 10 354 354 354 1,091 35% 95 29 June 364 164 * 54 54 54 125 5 4 May 7 4 July Gladding McBean & Co..* 74 74 384 ■54 Feb Sept Sept 54 Aug 24 Sept Jan Nov Mar 14 4 1 344 July Oc 464 Dec Nov 1 July Jan 164 al34 al4% 75 124 Mar 174 Sept Holly Oil Co 274 4 4 84 124 June "194 19 14 114 Apr 214 105 16 May 204 15 19 Jan 4 222 50 150 1,665 218 A 1% • Nov Jan 40 July 5 Aug May 29 4 384 Nov 43 4 Jan Jan 10 Dec 13 24 20 34 Feb Jan Sept 64 Aug ,. 100 10 Apr 12 Feb 10 33 July 38 Jan 241 17 Feb 24 125 % June 504 Oct 55 11 55 55 436 34 44 S184 *184 164 174 703 ,24 24 41 July 14 Out Nov . . _ ..... g. ; Gen Paint Corp com. 1 a54 . com 1,903 * al7 304 14 Apr 234 Mar Mar 4 Oct Jan 34 June 494 14 2 4 Jan 94 Nov 154 a84 a84 25 o,5% 198 Feb Dec 10 a5% 64 1 5 94 94 100 94 12 104 104 62 10 Nov Apr •:. Van Dorn Iron Motor 104 Aug 20c 5,100 30c 40c 284 294 348 2.582 5% 1.70 74 1,70 7,525 1.3 J j 3c 3c 3c 1,700 3o July 7c Oceanic Oil Co..........1 41c 41c 41c 750 30c Jan 70c Au? Pacific Clay Products....* 44 Pac Finance Corp com.. 10 84 224 Pac Gas & Electric com .25 6% 1st preferred.....25 54% Jst preferred.^.25 Pacific Indemnity Co... 10 Pac Lighting Corp com ... * Pac Public Serv 1st pref.* Corp 10 7 1.30 44 32 4 294 a42 324 al3% a7% Apr 54 Aug Jan 568 214 114 284 214 324 294 324 135 304 Ma> 34% Apr 294 200 28 4 May 304 Mar 50 374 434 Aug 435 314 134 Apr Nov 40 Nov 174 Jan Mar 64 Nov a42 a42 32 324 al34 al34 «74 20 a74 10 6 104 13 Aug Mar Republic Petrol Co com.,1 Richfield Oil Corp com * Warrants Ryan Aeronautical Co...l Safeway htorrs inc.. * Oct Sec Co Units of Ben Int... Jan July Shell Union Oil Corp. ...15 Jan Sontag Drugstores .* So Calif Edison Co Ltd. .25 May Aug Original preferred 25 6% preferred B 25 54 % preferred C._ _.25 2.00 2.00 2.05 94 94 35c 104 3,100 1,077 •50c 50c 700 44 44 4:4 3,400 a44 29 a 16 4 54 - «44 v «44 14 7% Nov Jan Jan 40 June 29 June 294 104 258 300 5 2,454 21 14 38 408 29 214 21 214 44 44 44 304 304 294 294 304 294 ' 304 • 3,073 all4 all4 144 144 3,637 64 110 64 Transuon & Western Air. .5 all 4 144 Jan 4 Jan Jan Oct 294 Mar Aug 114 44 Union Oil of California..25 47 304 Nov 114 Jan July 28 I ay- 144 114 9 Dee is May 384 114 Nov 74 Sept 25 244 704 7 Jan 10 Nov Jan Oct July Feb 254 494 Apr 34 May AUg 15 Feb 36 4 38 : 25 13 244 36 44 July Sept 434 18 124 234 36 ..2 6 Sept Aug 105 695 12 4 244 Superior Oil Co (The)...25 Taylor Milling Corp.....* Jan Feb 1.10 1,086 * Standard Oil Co of Calif.* 34 124 ■ 284 84 1,003 • Feb 2% May 20 al54 al64 54 54 29 Apr G: 3 Nov 35c Southern Pacific Co a32 Mar Dec Jan 84 24 Apr Jan 15 Dee 84 July 554 May 44 224 a Sept 8 250 354 484 170 31 Dec 1,497 5 Feb 300 46c Apr 84 224 84 ■ 20 Feb 221 Mar 37c 74 Nov 84 54 Feb 284 Los 344 a504 a524 Jan Feb Corp..! Lockheed Aircraft 164 294 84 54 a334 Dec June 8 77 ....... Youngstown Sheet & Tube* 345 8 4 4 v 180 Works—* 50 100 G 2,169 Weinberger Drug Stores..* West Res Inv Corp pref 100 White 4 Dec 27 4 174 254 a5l4 57 4c Dec 164 186 1,100 304 304 a404 a404 al7 * * Dec 48c June 288 4 4 Jan 84 204 334 274 164 474 Angeles Invest Co.. 10 Menasco Mfg Co 1 Nordon Corp Ltd.. 1 Lincoln Petroleum Co.. 10c Transamerlca Corp Vlchek Tool Dee* Aug 285 Corp.........._. Patterson-Sargent..G.... * Republic Steel % 16 26 20 230 Packer c 170 Jan 14 14 94 » . 554 7 a94 a!04 14 . 75 24 434 • Sept Jan 274 4 4 84 11 Mar .684 Goodyear Tire & Rub Co.* 33 4 "194 Sept 110 Holly Development Co.. .1 44 144 684 ■ Apr 54 54 203 Hancock Oil Co A com—* 44 Jan 174 80 84 Jan 10 Apr 80 84 a694 a704 84 54 : 8 Sept Aug 04 May 8 4 kept 234 kept 64 214 64 * Corp.4 Emseo Derr & Equip Co..5 Preferred Douglas Aircraft Co a July 10 Sept Sept lc 2 18 4 254 394 1 lc 354 144 254 394 Jan lc Apr 214 Sept Juiy 31% 24 Apr 20 4 9 Corp. ....2 Dec a164 a!7 Sept ' 110 88 « ■ 2% m 3% Buckeye Union Oil Co pf lc Preferred vtc 1 Chrysler Corp......... .5 Consolidated Oil Corp. - .* Consolidated Steel Corp.* 104 1.20 May 1.65 1.50 1.65 10 4 c 1,664 July 24 18 26 National Tile.......... Jan % c-14 354 700 110 154 4 National Refining new...* Prior pref 6% * 94 324 4J4 1 300 1,859 18 25 34 Miller Wholesale Drug...* National Acme....1 June 4 Jan Jan 14 44 Jan 24 22 4 18 Pacific Western Oil 64 Aug al7 preferred——.100 500 44 4 4 Apr Nov 36 4 1,015 100 Jan May 3 4 66c Apr 70 162 1 84 Apr Dec 1% 17 200 44 Mar 84 May Jan 14 3' Sept Jan 100 4 Sept Sept 300 63c 3 94c 23 45c 2 4 Jan 54 22 488 33 4 N Y Central RR com.. 14 63c 4 17 4 2 24 Sept Apr 22 2,4 ; Mar Jan 14 Jan 2% May 354 July Nov 334 104 104 11 c 114 „ - Sept Nov 34 3 4 14 94 3c 34 34 14 Jan 144 1 74 164 134 al%4 al8 a26' a274 - Metro Paving Brick—-.* 114 200 - - 14 " ' 100 July Jan Feb Feb 13 com..* Medusa Portland Cement * Aug 2,750 „ - 44 July 174 64 Kelly Island Lime & Tr..* Latnson & sessions... * Jan Aug Dec _ v * 44 Apr 305 Jan 284 Dec „ Hall Lamp common 894 124 94 4 June Dec 44 84 144 Apt Dec * McKee (A B) B. ■'? 34 Sept 94 Co Industrial Rayon Leland 44 82 June 94 204 July Nov 58 145 4 Hoover Bal 1 & Bear com. 10 Central Invest Corp... 100 Cessna Aircraft Co 1 17 ...1 Nestle LeMur A...... 90 . 1 Graham-Paige common..! Mar Mar 64 334 2,053 Jan 824 High Nov May 814 134 Goodyear Tire & Rubber Great Lakes Towing... 100 Sept 94 r Low '44 Oct 124 Goodrich B F 54 16 4 2 „ General Motors com.... 10 Barker Bros Corp com... Apr 13 4 Jan 100 General Finance com___ .1 Lane-Wells Co.......... 1 254 8 220 5 Glidden Co common... Jan 160 2,435 4 .3 Aircraft Accessories Inc50c 25 General T&R Co......25 Dec 105 Jan 70 a304 «314 Sept Dec 514 8 a304 18 Nov Nov 681 Eaton Mfg _.—_.* Faultless Rubber...: 14 Nov Jan 902 Sept 118 3 484 764 334 112,4 1124 Apr 1444 Dec a 154 1124 Dec 574 160 Jan 30 4 76 pref—.* Dow Chemical pref.—100 May 13 185 Jan 6 Jan 300 10c 154 Jan 50c Nov 1 Aug 10 16 25 CO al5% Cleve Cliffs Iron 1164 63 82 ..._1 Jan 90 CO 9% Jan Jan 8 44 94 Oct Dec 24 6c 154 2 4 - 2 Bluo Diamond Shares \High * City Ice & Fuel 14 Nov 44 Range Since Jan. 1,1941 82 34 c 4 Low 44 Feb 74 214 94 2,250 Price 104 4 4 July Sept Sales ...50 a264 100 154 104 5, both inclusive, compiled from official sales lists «18 Jan Dec Apr Nov Cleveland Stock Exchange Firestone T & R com.. 10 Jan 14 354 384 * 100 Jan 64 68 91c June 100 20c 24 24 May 100 1 7c - 3 4 Los ; H% 14 - Federal Motor Truck com * Stocks-— General Elec com 4 15 5 6 cU S Steel com... 1411. 162 41 Feb 5 c 650 14 114 page " 34 0 45 1% For footnotes see Jan Jah 39 4 44 4 Jan 8% 10 20 , 1 4 7 225 - Durham Mfg common... 1 Unlisted— Jan Dredge—4 ic com Sept 50 llarbaucr 44 Sterll-i" Wrewers r July 014 229 4 ...10 Preferred Western Bank 22 4 31 24 May Sept 2 530 Jan July Dec % Oct 504 222 14 ;554 1 64 Iuterlake Steamship.... 58 32% Nov Jan c x4% com. % 14 Mar 14 Oct Dec Standard Brands Inc com.* Standard Gas & El 50 4 165 Jan 30 Standard Oil of Ind cap.25 Jan 44 Dec 300 Standard Oil of N J cap.25 4 * Aug 14 12 100 Nov c ,1 une June 294 Aug Nov 12 80 16 % 1 4 4 10 30 44 10 44 20 53 10 Nov 29 4 U S Printing Wurlitzer. 10 Jan Jan 1 Feb 10 US Playing Card 134 4 Preferred 45 30 Nov Dec Apr 44 Common Dec 1 Nov Aug .25 Standard 314 244 June 176 14 Nov 1,150 1,700 2,230 - 137 458 1 54 4 5 33 284 1 165 174 60 314 28 250 400 58 244 Jan 14 24 30 36 Oct 25 54 11 Spiegel Inc common.....2 St Louis Nat Stkyds cap.. * com A. Jan 164 Oct "54 Jan Mar 134 Sept x7 % 14 Jan 14 * 14 204 364 34 Feb 114 234 * 324 15,050 13 4 20 100 54 B—Y. Rapid.. Nov 100 174 Jan 133 225 100 8% Raudall Nov 787 114 54 Nov 468 60 574 1444 145 3 34 29 4 16 16 14 10 ..j—* —— 34 64 74 474 1 224 277 23 Jan 24 4 4 4 94 21 Schwitzer Cummins Cap.'l Preferred... P&G-. 124 400 4 Mar * 350 3,40!) 144 23 Dec 10 '20 4 A 46 34 Serrlck Corp cl B com.... 1 24 4 144 204 174 cap..* II 200 "17% 1 Slgnode Steel Strap pref.30 Sivy ;r c teel Casti gscom * Apr 44 114 174 , Feb Nov 28 4 "l7* com..__ 94 84 44 10 G 4 274 394 274 194 114 54 34 284 4 104 Dec .* Pumps July Dec 1 .* .... Moores-Coney A National 314 284 * Jan Feb 84 74 16 * Manischewitz Jan 2,437 lit Reliance Mfg Co com... 10 Republic Steel Corp corn.* A.. Jan 144 Apr 7 314 22% "3% 64 304 84 224 114 100 Radio Corp of Amer com.* -* Hobart 99 103 174 Nov 26 4 44 58 Quaker Oats Co common Kroger......— Leo nard. Oct 86 for 50 44 Feb 331 Week 950 Jan 1074 54 74 of Prices 1,935 Dec 90 Feb 194 Week's Range : Aug July 794 June Oct 84 106 74 Sale June 74 214 Pressed Steel Car com._..1 pref 100 .5 Hilton-Davis Apex Elec Mfg pref 100 Brewing Corp of Amer...3 63 74 4 Hatfield part pref 12 4 44 4 Potter Co (The) com.... 1 * Gibson Art 74 May 234 Sept Jan 14 174 22 4 Hatfield Akron Brass Mfg 34 74 174 * Formica Insulation Aug 10 2 398 Lust 1 4 63 •; .10 Eagle-Picher 174 114 483 9 Fridag Nov 4 240 90 74 * 24 Feb % 24 ... 944 Apr Apr 300 15 Crosley Corp. Apr 74 12 4 114 104 84 90 Feb 4 80 4 9 Coca Cola A.. 116 748 54 % 4.4 264 11 Cincinnati Telephone.-.50 Cin Union Stock Yards..* 95 54 814 - - Goebel Brewing com..... 174 44 294 Oct 15 % South Colo low Aug Jan Oct Aug 11% 44 3 110 4 118 6 10 944 44 804 200 24 Detroit Paper Prod com_.l Detroit Steel Corp com. .5 Sept Mar Sept Parker Pen Co(The) com 94 4 50 34 14 Detroit-Mich Stove com..l Jan 34 Nov 4 Paramount Pict Inc com. 1 100 34 Jan Aor 224 34 74 10 Ok la Gas & Elec 7% pf. 100 Gin Gas & Elec pref Cincinnati Street 34 Detroit Gray Iron com. ..5 Dec Nov Mar 1 Apr 100 60c 84 Aug 10 1,100 Detroit Gasket common... 4 24 100 100 .100 14 Jan 164 26 4 174 74 Cham Paper pref 164 Nov Aug 95 80 Jan 94 Champ Paper & Fiber...* 504 Nov U ec 20 100 4 Apr 54 June 23 24 504 14 Nov 24 4 pref....7 514 14 65c High Feb Nov 924 194 84 Range Since Jan. 1,1941 164 10c 514 670 Sales 95 Jan Nov 20c 1,22» 1,090 74 20c 1,677 Week 370 75c 7 20c 66c Exchange 204 1.250 7 194 84 Gar Wood Ind com 19 4 Nov 65c Mar June Nov 17 H 194 1144 6 44 260 ■ Nov 75 1,250 Oct 66c 1094 6 44 174 14 74 Jan 9% 194 2.003 Low 44 174 14 „ w * 109 4 103 4 for 5c Dct & Clev Nav com.... 10 Crowley Mllner common.* ------ Shares 500 Detroit Edison com.... 100 Oct Fruehauf Trailer com.—1 of Prices High 6c 2% Jan Nov Jan Frankenniuth Brew com.l Low 6c Nov Mar Mar Week's Range 225 Mar ;;<; Price 74 m 1 Continental Motors com.l 1144 300 3 124 114 Nortliwcst Bancorp coin.. * July 150 34 7% 4 650 94 Amer Frod prior 34 94 . Consumers Steel com Nov Burger Brewing 900 4 Rollins Hos Mills May 5 794 54 154 154 74 74 14 54 * 1094 - Amer Laundry Mach—20 250 34 Sangamo Elec Co com Burry Biscuit com... 124c Chrysler Corp com......6 $1,030 Aluminum Industries....* 6,100 9 Preferred Oct Burroughs Add Mach Jan 1104 1104 I Sale 44 9% Pullman Oct 9 200 Brown McLaren com.- -;1 Jan High 14 H G •«, „ Last Par 124 4 Penn RR capital Oct 13 650 w Low ~~1% * July both inclusive, compiled from official sales lists 34 34 Nat Cylinder Gas com... 1 Natl Pressure Cooker com 2 July 250 44 31% 9 Nachman Spriugfilled com* Nash-Kelvinator cap..-.5 Class B common Dec 594 34 200 . High Shares Dec 4 4 Muskegon Mot Spec cl A.* Nor West Util 94 Friday Sept Sept Jan 64 6 - Montg Ward <fc Co com..* 320 4 ..... Minnea; ol's Brew Co com 1 Modine Mfg coin.... * e 34 12% Miller & Hart Inc $ I prpf 10 134 28 28 3% Middle West Corp cap...6 Midland Util 6% 64 Oct Sept Jan 28 Masonlte Corp coin* July 134 July 164 Jan 34 Sept '14% - Jan Mar 84 Lynch Corp com... 5 Mapes Consol Mfg cap...* M arshall Field co m..... * Mc Williams Dec. 5, to Stocks- Jan July Kentucky UtU— 6 7c Mar 3 Jan 240 1,905 ' % Sept 164 10% 16% 16% 20 4 17 4 304 16% Indep Pncu Tool v t c new * 33 Jan Sept 10 % 9% 0% Indianapolis P & L com..* Indiana Steel Prod com..l May 8 May 114 Nov 10 4 Dec 84 June 50 "i% Illinois Cent RR com.. 100 16 30% Hupp Motor Car cam—1 Illinois Brick Co cap....10 2 4 1% 50 ■33 4 Sept 37% 6% Hlbb Spenc Bartlett com '25 Hormel & Co ( .ej A) com* 34 Jan 39 >4 May Heileman Brewing cap.-.l 4 1% 24 Le Roi Co com 4% 950 Cincinnati Stock Nov. 29 Jan 35% 200 8% 19 38% 4 Ken-Rad T & L com A. Com'w8althEdl3deb34s'58 Jan 85 4 Iron Fireman Mfg v t 200 V Sept 45% Gillette Safety Razor com * GoodyearTire& Rub com * Gossard Co (H W) com..* 4 5 44% 24 Inc com..* 9 200 200 56 5 . 7 4 June I 154 4 Interstate Power $7 Jan 24 Oct Feb 15 4 Hall Printing 3 Feb General Outdoor Adv com * Goldblatt Bros 334 14 Jan "94 American Tel & Tel 3s 1956 Aug 4 4 Sept Nov 54 34 May 144 Aug Dec Oct Gen Motors Corp com.. Bonds— Briggs Mfg common 1 Feb coin...5 1 Auto City Brew com Range Since Jan. 1,1941 for Week of Prices 14 Allen Electric common...1 Atlas Drop Forge ' Week's Range Low Price Par Stocks— Baldwin Rubber com. ...1 130 Sales Friday Jan 19 50 both inclusive, compiled from official sales lists • Jan 71 280 ' . 17 132 3% 14% 104 ' 694 284 704 - Fuller Mfg Co Gen AmerTransp 6 1.400 commou..! Gardner Denver Co com.* — Feb 134 34 70 Four-Wheel Drive Auto. 10 Common. 194 20 6 6 Jan Sept 284 Sent Nov SeDt 545 May 2 124 794 250 14 4 114 400 Apr Jan 14 Yates-Amer Mach cap...5 84 May 14 Apr 850 12 774 Zenith Radio Corp com..* 900 Dec Jan 26 Yellow Tr & Coach cl B..1 1,100 Apr Mar Nov 64 14 Jan Sept 4 494 1144 H 174 z46 4 754 Jan 10 4 Mav Sept 25 Sept 4 Nov 94 Feb 244 184 314 1044 34 96 8 Nov 2,250 19 370 7% 614 524 Jan ■ Sale 234 504 Dec Nov j*. Last Oct 34 624 '• Dec. 6, Aug Nov 5 """34 2 Sept to 25 22 123 64 Nov. 29 194 May 174 Mar Feb 344 34 Aug 45 400 Jan Sept 330 1144 116 4 1 14 194 18% 13% 134 , . 84 39 1,050 Wisconsin Bankslis com..* com 230 134 Nov Jf, Nov 21 434 11 15 Eddy Paper Corp (The).. * Elec Household Util Corp. 5 , 920 Dec 26 804 124 535 124 375 54 44 46 4 34 594 34 600 Diamond T Mot Car com. 2 Elgin Nat Watch Co..-.15 14 Jan common.....* pref........* Williams Oil-O-Mat com.* July , 800 134 16 4 1% 24% 70 4 x73% Wayne Pump Co capital.. 1 West Un Teleg com....100 Westnghs El & Mfg com.50 23 4 9% 724 134 114 Feb 1% 950 * common 124 70 84 „■' 174 June 760 8 52 100 17 1,800 * 142 11 54 preferred... 100 134 90% 44 Utah Radio Prod com_^..l Walgreen Co 730 434 26 common cum 1,850 454 54 84 - tm,m 21 9% De Mets Inc 7% 234 214 454 10 V2% "i % Deere <fe Co U S Steel com. 21 Cudahy Pack c >m 30 7% cumul pref 100 Cunningham Dr 4tores.24 Cortiss-Wright Corp com. 1 Dayton Rub Mfg coin._l Decker ( If) & Cohn com 10 84 U S Gypsum Co com....20 200 20 4 United Air Lines Tr cap..5 U S Rubber Co 214 21 v Thompson (J R) com—.,2 Traue Co (The) com....25 Union Garb & Carb cap..* Jan 2 4 Nov 1 15 1,000 234 4% .25 Swift <& Co capital 54 44 54 44 214 234 54 5 1 84 214 27 4 94 Stewart Warner Corp com 47 15,550 1,100 % Jan Dec 30 % 4 Dec 29 "3% ' 5,100 32% NOV 4 29% 94 Consolidated Biscuit com. 1 Consolidated Oil Corp 29% 4 Lt pf-* Cent btates Pow & % hi Detroit Stock Exchange eek » Price Par (Concluded) Last 225 65 8 4 4 134 13 May Dec Oct Dec Jan Oct 54 134 Jan 16 Sept Apr 9 Jan Oct 9 280 84 Apr 104 Sept Jan 9 94 4,764 44 Apr 114 554 al54 25 51 4 Aug Vultee Aircraft Inc.. 94 490 44 Apr 114 Sept Sept 174 Jan Weber Shcase & Fix 1st pf * 94 64 94 124 May Feb 574 130 64 64 100 6 Mar 64 Nov a 33 143 30 4 Apr 42 Jan Wellington Oil Co of Dei.l 2 4 24 24 4,600 14 Apr 24 Jan 4 44 4 Universal Consol Oil 10 Vega Airplane Co.....1.50 1 64 94 64 Volume 154 THE COMMERCIAL & FINANCIAL CHRONICLE Number 4017 « 1409 OTHER STOCK EXCHANGES ■■•••■ : •■•(■. . , Friday :'%■:% %;■ ,, Last Week's Range of Prices Low High Sale (Concluded) Stocks Par Price Range Since Jan. 1, 1941 for Sales Friday MUSS Week ... Shares Low ' /•" High ; ctocks (Concluded) Par Last Week's Range Sale of Prices Low Yigh Price Friday Range Since Jan. for Week Sales Last 1, 1941 Week's Range of Prices High Sale Low Shares Stocks High (Concluded) Par Price LOW Range Since Jan. 1, 1941 for Week Shares Lw ,. High . 1 Mining Stocks— - . V 10 V- 2% 2% 129 2% Nov Cardinal Gold Mining Co.l 2% 2c 2c 2c 2c Nov l l%c 1%C 1%C 1,000 4,500 1%C Dec Alaska Juneau G M Co. Zenda Gold Min Co Duquesne Brewing 5 Jan Electric Products * Jan Fort Pitt Brewing. 5 5c 3c Mar .1 ■ Unlisted Stocks— .. 4% 37% 144% Anaconda Copper Min Co50 27% (11.) Armour & Co • 5 - Atchison Top & San Fe 100 295 4% Nov 234 Nov 144% 144% 1,137 36% 144% 27 3% a'27 20% a') a38% 60% Canadian Pac Ry Co.-.25 435 3% 154 27 100 26% 26% 100 Dec Jan Jan Jan 5% 30% May Dec 28% July 283 Apr 4% Jan 13% 225 13% Dec 18% Jan aS% a'ili «38% a38% 300 9% May ' 13% 4 1% 1% Holly Development...... 1 Home F <fc M Ins Co cap 10 45c 849 40 j Honolulu Oil Corp cap...* Hunt Brothers common. 10 1% 20 1% * 40c Penn Fed Corp common..* 1% Nat FireproofIng com —.50 PreferredPitt 97 985 4% 46% Sept 1% * Pittsburgh Plate Glass--25 Pitts Screw & Bolt Corp.. * 63 % Co.— .1 25c Renner Ruud Mfg Co— 1 . 2 20 601 1% Jan Preferre d............ 10 25 Sept Hutchinson Sugar Plant. 15 1 Mar 1% 31% July Langeodorf Utd Bk B...* Jan Leslie Salt Co.... 96 % Jan LeTourneau R G Inc 7% 100 27% Apr 62% 04% 253 62% Dec 4% 4% 592 4 % Nov 25c 25c 8 245 Jan 2 Dec 30 8 1 % Dec 24 30 .5 Mining 24 25c Dec 10 6% Oct 2,000 lc Jan , Nov 4% 11% Unlisted Stocks 2% 2% Kennecott Copper Corp.. * 31% 31% * Mckesson & Robblns...l8 38% all% 37% Montg Ward & Co Iuc—* City Cop Co.5c 30% 2% RR Co.....* m 14% 12% 8% Loew's Inc....... Mountain N Y Central North Amer Aviation Inc 1 Co North American * Ohio Oil Co 785 16% Nov 23% July 71% Oct 86% Sept Natomas Co.... 10 H 10 100 20 20 21 115 18 18 19 244 16 8 8 511 30 30 7% 26%' 17 75 77% com 6% preferred... 5%% preferred '25 — Texas Corporation (The) 25 15% 5 (Del).* «w Co........10 a'25% * 52 % Union Carbide & Carbon.* United Aircraft Corp United Corp (The) u S Rubber 23% a all% a71% a35% U S Steel Corp— 6 Warner Bros Pictures Inc.5 Wcatlnghouse El & Mfg.50 Willvs-Overland Motors.. 1 77% 1% Sept 192 31% Dec 39 July 130 30% Feb 37% Nov Sale Century Electric Co 10 Chic & Sou Air L pref... 10 4% 80 11% 11% 125 Coca-Cola Bottling c >m..l 20% 20% 20% 9% 10% July Dec 27 Jan Parafflne Co's com. 120 9 June 12% Jan Philippine Long Dlst Tel 110 10 Dec 15% Feb 5% 30 5% preferred.. .. Budd (EG) Mfg Columbia Brew common.5 10% Nov FJmerson Electric com Jan 320 Dec 4% 22% Jan Falstaff Brew com 131 70% May 72% Apr Griesedleck-W Brew com.* 407 8D Feb 10% July Hussmann-Ligonier com.* 5% 5% 40 July Huttig S & D common...5 8% 8% 195 Hydraulic Pr Brick com 100 2 2 2% 100 10c 10c 10c 200 1 918 26 si« Jan 4% Nov 1 % Nov 159 21% July 236 37 32 133 com.„„L..*„..* 4 11 -3% 29% Genera) Motors-------.10 35% 4% Lehigh Coal & Navigation* Lehigh Valley-.50 Nat'l Power & Light * "Phtko Corp... Reading RR 1st preferred 2nd preferred --8 -50 50 ..-.50 Salt Home Oil Corp 1 Scott Paper * Sun Oil * 24% 4% 2% 20 % Nov Dec Knapp Monarch com 14 * Ladede-ChrUty Clay Prod Preferred United Gas Preferred. Improv — Westmoreland Inc Westmoreland Coal— 17 —. * 10 10 105% .... Sale Par Stocks- Price 20% .-.25 Preferred- "~7% Columbia Gas & Electric.* 1% Devonian Oil Co.... —. 10 Jan 14% May 20 Jan Soundview Pulp Co com. 5 So CalGasCo pref ser A.25 70 Dec Nat Candy common. 2% Aug Low Shares 579 Dec 11% 142% Dec 6% May 178% Jan 100 2% May 12% 7% Sept 150 1.899 9% 8 July July 768 5% 443 53% Dec 71% Jan 5,534 % Dec 1% Jan 05 3,030 Feb July 18% Nov 27% May 35% Nov 113% July 23% NOV 5,113 2% Feb 1% Jan 1,858 3,491 143 326 Feb Sept 48% 120 5% 5% Jan July 9 9 355 6 6% 320 2d preferred 5 1 11 5 18c _ 7-% 494 5% 513 9 65c 100 60c 25-year conv inc Soullln ^ teel 3s. 37 37 82% 37% 82 82 82 Nov. 29 to Dec. 5, Friday Last 197 164 103% 10% 362 13% Dec Par Jan 80 Bank of Calif N A Byron Jajkson Co... Preferred 8% 12% 1,883 18% 50c Oct 25 Jan ... 6% 14 2.00 50 6% Last Sale Stocks- Far Price * * 17% Bathurst Pow & Paper A.* 14% a ssoc Breweries Bell Telephone Brazilian T L & P Brit Col Power Corp A 100 * * — B— For footnotes see page 9 18% 23% 17% 13% 9 17% 20 50 Stocks (Continued) Par Par 7 13 % 10% Sept 19% Sept 18% Dec 14% Nov Jan 18% 225 14% 149 149% 7% 7% 1,005 Feb 8% 23% 180 22% May 26% 55 1.50 Mar 18 13% 23% * 1411. 2 2 201 445 14% Jan 10% June 137 May 5%. CJct Jan Feb 160 2 Jan July Jan A nor May Dec 26 Jan 5% 8 July 135 4% 19 19 100 6 Jan 2.25 Feb 9 300 3% Jan 17% 18 665 40% 60 17% 39% Dec Nov 19 19 35 19 Dec 113 113 30 31 31 19 Oct 3 Jan 10 Oct So Calif Ed Ltd com preferred. 6% preferred 5%% * Can Wire & Cabk Canadian Brome .50 7 29% ❖ ^ . ♦ 5% on 00 3 Dec 30 % 99% 15,562 4% May 5% Jan 4,293 13 Jan 244 8 Jan 435 12% 340 ll}-4 Nov 15% 10 970 4% 22% Apr Apr Jan Sept 28% Mar 300 Jan 2.50 253 1.80 Jan 2.60 9% 398 Jan 9% 300 5% 15% Nov 20 21% Jan 38 Dec 1.25 May 3 Sept 15% 16 37 38 2.00 2.00 200 Nov Sept 22% Jan 27 ... 1.55 Dec Feb 7% Jan 108 Jan 29% 6% July Aug Nov 3.00 Jan 211 1918 Jan 31% July 180 2% Apr 1,700 45c 4,548 10% 410 9% May 3.% 14% 016 Jan 5 1.35 Jan 12% Jan July 3.% 13% Nov 5% 991 Nov 23 % 6 6 375 5% Feb 8% 8% 210 7% 27% Feb Mar 1 Js Nov 4% Jan Nov 34% Jan Nov 0% 28H Jan 32 32 1 100 1% % 300 26 27 827 4% 24% 710 220 24 Dec al% a 2 % a 28 % a33% a 50% % .',0% 28% 29% 226 2 Nov 4% 24% 125 5 60 30% 571 a5.00 at.25 110 30 % 4% 3i % Feb 20% May 24% Mar 14% 635 12% 12% 200 15 10 3 1.50 1.50 605 171 Sept Aug Oct, 3% Sept 39 July 22% Sept 29% Oct Jan May 17% Jan Mai- 17% Dec 3 1.15 41 10% 34% 39% 3% Nov 1.90 14 Jan 0% May Nov 28% 3 2 3 ITso Aug 41c 4% „ 1,410 3% 22 10% 3% 26% _ 3% 4% 1-13% 40c May 26% % 4% 1,60 27 3% Nov 450 1,070 27-1 Jan Jan M 0 ar Mar 2.00 Oct Mar 65% Oct Jan 51 51 «!% a2% 75 2% May 3% atOH a:0% 7% 7% 3% 3% 218 20% Nov 25% 100 7% Jan 13 % 750 3,% Nov 4% Jan Dec 33% July 40 25 25 5% 5% 100 25 m Nov 7 28 Apr A pr Jan Jan 29% 29% 100 28% June 29 H Jan Dec 6% Jan Apr Dec 1 SeDt United Corp of Del * Sept U S Petroleum Co 1 1.30 Jan U S Steel com * 18 210 Warner Bros Pictures 5 2,371 20% 48% Jan 37 17% June 35.% Dec Jan Westatea Pet com 1 1 Preferred.. 28 2.5 32% t Feb 280 Jan 11 31 Standard Oil Co oi N J. .25 Studebaker Corp com Western Jan 5 May 117% July 9 5% May 2.90 Sept 11% Sept 300 2,535 29 1.0,5 May 38% June Sept 14% Nov 21 96% Feb 24% June Apr 6% Dec 16 513 United Aircraft Corp cap 5 31 11 1,331 Mar 345 Nov Feb % 'I'ltle Guaranty co pref.. .* July Jan 80c 40c 9% Jan 95% May 30% 29% Jan 7% 19 % 21 Aug Jan 14% June 21 44% 27% 5 Nov 30% 21% 300 Oct 25% 21% 30% 410 4% 46% a 414 4% 4 % 615 44% 46 % 483 1 % 16% 190 a 1 % 16% «34 % a a32% a35 46% 8% Dec 19 185 35% Apr U Nov Jan Sept 42% Sept 1% • Jan % 450 1.05 1.10 1,500 1.00 Jan 1.35 July 51% 512 49% Apr 70% 5% Sept 5% 6 4% 16% Nov 100 51% % 1.10 A* Jan 545 6 Feb 3 Feb 7c 6c 7c 1,397 6c Feb 15c July 85c 75c 85c 890 70c Feb 1.40 July alOc aciflc com... 100 alOc! 19 Listed and Unlisted Sales friaay Range Since Jan. 1, 1941 Shares Low Stocks High 50 4% Feb 13% 30 17% 17% 295 13% 14% Julv 4% 4% 271 4% Feb Oct 100 100 68 91 June 19 19 25 15 May 19 19 150 18 75 75 6% 15% 19 6% 102 Aug Jan Apr (Continued) Cauda Celtuese... Par * Oct 17 May 15 15 90 10 Jan 15 Oct 195 105 7 104 Jan 105 Mar 2 Irtd Dec Feb Jan Candn Pacific 3% June 17% Feb 7% Dec Cocks'uitt Plow.... 29% Dec Con Mini ig & Smelting..5 58 58 Dec Distillers Seagrams 35% F'eb 10% Jan 20 6 300 OSS 50 Dec 31 Oct 5 May OT< A a- 1*7 • /* T Alcohol.....* * — Railway..25 Preferre! Dominion B -idne... "h" 15 100 — 8% oo Aug 21 19 31 126 110 72 58 28% 5 Feb 58 High May 10 July 31 Low 18% 111 July 1,167 575 17 5 3,192 28 23 72 7% Range Since Jan. 1, 1941 Shares 126 6 29% 27% High 17 155 6% 28 Low 23 Preferre! Class B Price for Week 126 Candn Foreign Invest't—* Candn of Prices * Nov Nov Week's Range Sale 7%....... 100 Rights Canadian 19% Last Converters.. 100 Preferred Mar 5% 28% 5% 9% 3 14% 25 25 1,890 13 H 00 7 9% Jan Jan Feb 8% Dec- Standard Brands Inc ' 6% preferred._ 183 2% 9% * Sates 5% _ 34% 16 1 2.50 ...... 3% Shasta AVater Co com Aug Week ...... 24% 17% 7 12% 9% 8% 7% Scuumacu Wall Bd K-ref..* Aug 40% 5 May 18 13 13% a 1 % a.0% Oct 75c 125 — 31 32% 11% ~ 20 Jan 3% 200 31 Jan 37 2,383 3,927 31% 42c 50 15% Feb 2.50 Pennsylvania RR Pioneer Mill Co 94 Nov 18 Packard Motor Co com..* Radio Corp of America... * 1.40 2.50 5% 23% 1,507 . 100 Preferred Apr 137 16 Sugar Co. 6% 1,000 of Prices Low High Price 11% May Apr Sept 82 % 70c Sale 5 * 20% 385 2.60 5 Class B... 100 for 100 High 50 [Feck's Range * ........ Nov Last Brock Silk Mills Bulolo. 19% 75c 31 * Preferred 18 2.60 5% * 14% 20 22% 5% Building Products A.. 11% 10 22% 5% Week 884 Norta Amer Co com Pac Porti Cement com.. 10 35% 9 * Asbestos Corp Jan Olaa 36% 13% * gnew-Surpass Shoe. Algoma Steel North Amer Aviation cap. 1 28% Jan * A Mountain City Copper..5c Jan Oct * Low Jan 30 10 Shares 4 71 15 Genl Mtrs Corp com Nov 17% 4% ~»,. Navigation Co...* Montgomery Ward & Co.* Dec 1.20 » Marine Bancorooratlon..* Matson Nov Gen Paint Corp com of Prices High Oct July 14% 1.15 - Sept 22% ^ 6 17 17 1.60 ...... 24% 230 Food Machine Corp com 10 18% 750 28 Corp com..* 479 Ewa Plantation Co cap..20 July May July Aug July Jan Sept 100 18 4% 4% 143% 143% Kenn Copper 14% 9 12% Dec 4% ... Sept * 22 17% Low * 22% 17% Range Since Jan. 1, 1941 General Electric Co 14% Galland Merc Laundry...* for Elec Bond & Share Co...5 Sent 22 Jan Nov Sales 1 * 22% 11%' Week's Rang Jan May Curtiss-Wright Corp Dominguez Oil Co Commonwealth Edison .25 Mar May Friday Oct Cons Aircraft Corp com.. 1 7% Dec. 5, both inclusive, compiled from official sales lists _ Columbia Broad Sys A 2% ...... Feb 50c 20 40% 25% May * 7% 300 120 a2 200 18 1,695 60c 26 Int Tel & Tel Co com 27 * 10% 288 Internat Nbkel Co Can..* 26% Doernbecher Mfg Co El Dorado Oil Works July 14% 25 Nov Oct Cypress Abbey Co 2 1)1 Giorgio F ruit Corp com 10 Preferred..... 10 J 40 Oct 10 - 2.70 Sept June 287 17 .3,708 18% July 28% July 10% 25 May July 75C Nov Nov 31 % 11 288 24 Dec 85 Exchange ■ 7 Idaho Mary Mines Corp.l Nov Feb Dec 6% 10 40 11 14 Nov 4% 14% Jan 1.75 38 249 40 11 Sept 2.35 12 Apr 14 14% 8 52 87% May 1.25 99% 4% 14% 53 660 11% Nov 23? 4 99% 4% Jan 1,315 87 11 610 800 4% Feb 2.60 12 200 2.00 40 5 5224 * 145 11% 25 950 33 509 Jan Jan 11% 75e 10 2.50 4,% 90c 3 24 043 11% 70 52 8% 7% 1% 13% Feb 11% Apr Mar 52 !4 8% 14 Apr 8% 1.10 50% Fireman's Fund Ins Co. .25 Apr 7 % 113 55 Foster & Kleiser com.. .2 % Nov June 130 Friday to Consolidated Oil Corp...* Feb CANADIAN MARKETS Nov. 29 Cons Edison Co of N Y..* Nov Jan Montreal Slock Cities Service Co com...10 May 4% 80 5 34 - * Jan 38 4n 1.75 5 33 — Rad & Stand San July 51 Aug Dec 1% Am July 17 1 35 » 9% 63 ...... Oct 75c - Western Dept Stores com 5% 539 15% 12 June 1,207 * 27% 600 10% » 9% Bunker Hill & Sullivan 2 % 52% 5 30 11% 12% Feb 39% 10% 150 . 1 4% 18% Dec Jan Nov 38 Sept 5 - 5 Scot 5i % Cons Cnem Ind A Jan 29% 1 2.55 19 H Cons Coppermines Aug 371% 17% 10 Preferred Unlisted High 583 10 163% Dec 1% Copper Min__50 AngiO Nat Corp A com.. Argonaut Mining Co 5 Atcli Top Ac Santa Fe. 100 Aviation Corp of Del 3 Blair & Co Inc ca pital 1 39H 0 % 7% Jan 1,010 39 40 6 Dec 86% 8% 117 235 120 Oct 37% 12% 1.10 40% 50c 10,053 104 40 0% 7% 1% 13% 145 7 7 15% 00c 106 2% 335 50c Aug Jan Week 17 0%' 15 Vega Airplane Co Victor Equip Co com 83 1.05 May Dee Mar 2 i 23 % 24% Anaconda 16% 15% 300 Universal Consol Oil Oct Jan Low "it 148 4% * Jan Jan 5m Emporium Capwell com..* High Preferred.. Jan Range Since Jan. 1. 1941 Shares Jan Dec 5ie Jan Jan 18% 126 145 18 - 12% 10 Union Sugar common...25 May Caterpi.lar Trac Co com.* Cent Eureka Min Co com. * Coast Cos G & E 1st pref 25 Weekr 50 GH * Cnrysler Carp common..5 Range Since Jan. 1, 1941 1.10 „ 50 * California Ink Co cap 8% 104 . 100 Jan Oct 104 * 117% 32 8?4 Calainba Sugar common. 20 Jan Sales Low Low 5 Atlas Imp Diesel Eag 10% Apr July com. ^ ^ 10 Feb Exchange for Dec 103 2,481 • 11% 79 8% Aircraft Accessories Preferred Shares of Prices High Price Crown Zell'bach Corp com£ for1 68% 6,400 3.500 Oct Jan cap... Transamerlca Corp......2 Union OH Co of Calif 25 Sept 28 Jan Feb 31% 1.60 4 Dec 19 8% 11 6% Ms 21 1.55 100 1% Jan 12 378 00% Oct Nov Jan Dec 5% Sales Week's Range Sale Stocks— Calif Packing Corp com..* j.jreferred_ ...50 103% 105% 11% 11% 15% 18% 22 660 Jan Feb 20,072 50c 4% Standard Oil Co of Calif.. * Super Mold Corp - — American Tel & Tel Co. 100 Calif Cotton Millscoin. 100 4 % Dec 102 both inclusive, compiled from official sales lists Jan Sept 638 §3,700 San Francisco Slock Oct 40,451 860 July May 1,327 39% 107% 4% 7ie 50e * Tide Wat Assoc Oil 1,155 Nov Nov Nov Nov m - : California Art Tile A m 82% 1964 1941 July Apr 23 Nov Jan Southern Pacific Co Thomas Alice Corp A..*... 7% June m Bonds'— 24% % 10% W 1 — Vultee Aircraft Feb 50% 22 23 July 18c 9 21% 368 1,660 60c 23% 1,653 8% 9 Calaveras Cement Co cam* 4,543 73 6 Aug Aug 33% June Apr 9 18% 27% 115 Apr 1 6 10 Feb Feb 3% 39% com Nov 7% 31% June 12% Jan Bros Sept 4% Jan -V i. Jr — 9 Anglo Calif Nat Bank... 20 Assoc Ins F^und Inc 10 Apr % 98 Stlx Buer & F'uller com.. ». . 7% 800 Mar l 5 44 Sterling Alum common... 1 Vardaman Shoe common. 1 Dec Nov 22% 2% 8% 4% Nov 53 4% 17 2% 3% 130 13% Feb 15% Dec 5% June Alaska Juneau Gold Min 10 7% Mar June 18c May Aug 25% 8% 11 Jan 14% 509 Dec Oct 12% 5% 9% Oct 1.60 Nov 118 11 101 Nov 1.60 July 175 •35,000 101 100 com. 6 11% 50c 2% 111% 29% 25 100 6 Jan Jan 31%' 2 20% 233 765 34% 34% 6 12% 9 St L Pub Serv 1st M 5s '59 High 365 * Scullin Steel Warrants Range Since Jan. 1, 1911 17 Rlce-Stix Dry Gds com... * Wagner Fllectrlc com.... 15 Jic "e% Byers (A M) Co common.* Clark (D 1.) Candy com..* Jan 7 15% :;ie 1 Auto Finance Co coin Blaw-linox Co—.* 8 Apr 15% 06% 23% Dec 5 Nat Bearing Metals com.* % 20% 5 30 6 Preferred (with \varr)_50 Allegheny Ludlum Steel-.* 1,225 5% Jan % of Prices High 5% 5% G8% 01% low 5 16 13% May Nov 13% Nov 25% 1.95 5%% preferred A....50 12 Oct 109 25 > 1 5 50 37% Week's Range Roos 2% 153 1.25 —1 com.. 12% 75 Dec. 5, both inclusive, compiled from official sales lists Last Jan 101% ■ Republic Petrol Co 12% 15% 0.159 Friday 13% Richfield Oil Corp com.. .* Warrants.. common. Preferred.25 60 25 • „ 100 Ravonier Inc May Sept Mo Port! Cement con'..25 Pittsburgh Slosk to Jan1 Dec 28 Sept 16 20 Creameries of America Inc Common. 1 Nov. 29 31% 8% 27 20% 26 31% Rheem Manufacturing Co 1 Feb 3% 2% 31% Oct 15 Bonds— Lehigh Val RR 4%3-.20Q3 F'eb 4% 12% 111 18 25c May Landls Machine com—...* 2% 2% 4% 5c May Meyer Blanke common..* 149 10% 8% Jan Nov Preferred- Jan Nov 6 * Dec 38% 1% 77% R E & R Co Ltd com Aug Oct Feb Plg'n Whistle pref 8 Feb 2% 1.75 Oct Dec 701 482 -16 Pesos. 25 % 21% 74% Nov 1% M ay 109 300 3% 105 151 .152% * Dec 36% 403 Co 103 :tI6 100 . June 110 1,299 ; 13% 103 % ——r_—, Preferred 5% Nov 7% May 270 561 ..Rights.—. 4% 3 13% 6 July 62 3 1st preferred.. Jan 6% 102 105% Pacific Tel & Tel com..100 Dec 13% 5 Ser com...... 15 78% Laclede ^teel com 4% $5 dividend..... Pac Pub Ryan Aeronautical Co.. .1 * Common Jah Jan Feb 10 Feb July Apr 2% 91 13>i 50 17 64% Jan 37% 4% com. 8% 15 195 3% *4t * -* 27 8% 15 Jul/ 3% Transit Invest Corp pref 25 United Corp common - 41% 10% 624 21 112% 113 31 31% 9% 9% 13% 14% 25% 25% 23 22% 2% 2% -- .5 Mar 21% 31% 37% 20% - 102 9% % 25 5 8% «*■* 100 Preferred.... 5% 102 1 100 113% 115 Hom&Hardart (Phlla) com * Horn & Hardart (NY)...* Pennroad Corp vto 1 Pennsylvania RR 50 Phlla Elec of Pa »5 pref..* Phlla Electric Power pre! 25 €,% 52 5% 100 Preferred internat Shoe coin * Johnson-S S Shoe com...* Jan 10 Nov Dec May 8 Jan 9% 10 % 142% 145% Prior preferred 3 20 Pi Nov for Electric Storage Battery 10(1 75 3% 17% Week % 21% 9 8% Sales 5% Mar 115 77% 1% 50% Sept 28 71(1 75% 1% * 37% Dec 3% 52% 0 Chrysler Corp.-—-- — * Curtis Pub Co com—* Budd Wheel Co.... Jan 19% a11 % 50% 5% 3 29% 45 Dr Pepper a23% a25% Co 117 May 5i« 11 41% 15% of Prices low High 100 7% 60 25 Sale Barber Asphalt Corp—10 511 Dec Last American Stores.-..-—>* American Tel & Tel.«. 8 41% Feb Week's Rang» Prxce 8 41% 10% Dec High 41 % ~ 50 20% Friday Par Low Shares 116 both inclusive, compiled from official sales lists Stocks- High 375 Philadelphia Stock Exchange Dec. 5, 2,018 Jan Low Aug 31% 32 105% 105% Dec Price 0 Jan Aug 6% 23% Jan Jan Jan July 46% 8% 1% 23% 9% Oct 5 34% 31% 9% Jan Jan 18 500 30% May 28% May 31% Nov 3% Dec 5 200 1,529 17% 4% 82 18% 5% 32% 29% 6% 1st preferred ....25 5%% 1st preferred.-.25 Week Feb 34 Oct. Mar .8% 18% 5% 4% Aug Nov 335 Sept Nov 28% Nov 639 9% 30% Dec 6% 18% Apr Jan 00 21% 2% July May Jan 7,500 11 14 Jan 1'7% June Oct Oct 22% 100 50 1.80 2314 21% 21% 32% 29% 351 17% 17% a33% afl'4 % 9% 9% a 17% a 17% 4% 4% 40% 46% ai% al% 1% 1% 23% 23% a 43% a 15% all % all% a70% a72% a,33% a35% Dec 21% 32% 987 3% 1.00 PacG & E Co com.....25 Pacific Light Corp com..* American Inv common...* Scruggs-V-B Inc com to of Prices Range Since Jan. 1, 1941 for 8% 2% Par Stocks— St Louis Pub Serv A Nov. 29 Week's Range 8% 2% all 1,198 Sept Sent 30 15% 20% 1.10 Jan 6% 11 5% 32% Jan Apr 2.10 19% 4% 11% Oct Jan 3% 9% Feb 32 13% 39 Nov 1,150 Mar 19% Dec- 3% 10% Mar Mar 4% 32 Oct Nov 2.35 1.30 l 13% 28% 2% Nov 3 % 1,501 * 12 468 250 18% 1.35 75ft 1.05 Burkart Mfg com 9% a 17 % 4% 46% Swift & Co. 3% Oct 1,055 1.60 Brown Shoe common a04 % Tide Water Assoc Oil Co 10 Apr 150 1.70 9 1.65 Jan * — 2 Sept Sept 1.20 Pacific Coast Aggregates.5 Jan * 1% 1% 179 Sales - 31% 17 8 mrm, .. 17% Socony-Vacuum Oil Co. 15 Southern Railway Co * Standard Brands, Inc * a 2% ------ Jan 1.35 1.00 Paauhau Sugar J lant.. 15 Pacific Clay Products cap * 5, both inclusive, compiled from official sales list. 15 3% 17% .1 1 Nov Apr all % Studebaker Corp Superior Oil Corp (Del) 3% No v -* Standard Oil Co (N J)..25 Jan 2 9% Radio Corp of America..* — 291 3 Jan 7 17 3% 100 12% 15% _ 2% 1 Friaay Last Jan Nov 484 17% 7.7% 260 20% Co.. Oct 80c 1.60 — 668 15% Republic Steel Corp 29% 429 150 Mcnasco Mfg Co com. .l Nat Auto Fibres com....] 14% 12% 20% Sears Roebuck & Oct Aug 85c 6% March Calcul Machine. ..5 9% Pennsylvania RR Co...50 Co-.- 20% 27 75 80c 6% Jan 13% 11% all% 30% 2% * Paramount Pictures lnc..l Pure Oil Feb 140 May 19% Apr May 31% 38% all% 30% 2% 9% 2% Packard Motor Car Co 11% a24% S20 5 3 Oliver Utd Filters A.....* Dec. Aug 0% 14% O'Connor, Moffattcl AA_* to 34% 10 Jan Nov. 29 Feb Feb July Occidental Insurance Go 10 a24 27% 81c Deo 5% 43% Dec May Jan a24% Aug June 9% Nov a'21 % Nov 8% 8% Jan 2 Sept — 8% Feb Mar 0 100 % Jan Feb 105 300 2 9% 18 1 % Aug 48c 1.90 8 9% 10% 4% 1,305 1,125 7% Lock need Aircraft Corp.-l Magnavox Co Ltd 1 Magnln & Co T com.—..* Oct 34% 39% Sept Feb Feb Mar Nov 14% Feb Nov Mar 47% Apr Mar % Nov 55c Mar 11% 55c 7% 1% 2 Apr 39% 9 100 26% 47c 20 2c 251 35% 1,495 1,220 986 200 70 48c 13% 3% 8% 2.95 w Mar Sept 45% 8 ... 16% 17% 47c 5% 29% 3c Dec Jan Dec 13 y 37 H 14 45% 5 % 50 13% 14% 097 Llbby McNeill & Llbby-7 1% 842 100 Jan 8% a% a% 26% 27% 38% 39 a'21% a21% 14% 14% May 24%' % an 26% 10 255 8% a'i) 148 28 1% _* Goodrich (B F) Co * Intl Nickel of Canada. .* Hit Tel & Tel Corp......* Sept 14 28 H General Foods Corp 11% 1 1% Ceneral Electric Co....--* Jan 2c \ 2 1 3 H Sept 8% 36 — Pennroad Corp v t c 47c 9 747 250 8% Sept ' 14% 14% 13 Feb 10 215 ('ommonw'th <& Southern. * Jan 11 14% 5% 4% Curtiss-Wright Corp 1 Flee Bond At Share Co—5 Elec'Pr & Lt Corp......* 20 a9 14 500 7% 37% 100 North AmerOll Cons...10 a9 a9 9% .10 N American Invest Jan 7% 9% 4% 37% ; - 1% July 40c 1% 24 Brewing Go common. * Preferred 6preferred 10 Westinghouse Air Brake.. * Westlnghouse El & Mfg.50 Nov 105 Jan Shamrock Oil & Gas com. 1 37% Apr Jan Oct 75 94 Nov July 25 338 6% 4% «3S% a38% «3% a3% 52 10% 20% a77% a77% 20% Apr Dec Apr a,38% Hawaiian Pine Co Ltd—.* Nov 35 May Nov Mar a77% Oct 14% 59 7% 3% -i00 July Greyhound Corp com * Hale Bros Stores Inc.....* 5% 96 Caterpillar Tractor Co... * Cities Service Co... 10 Columbia G & E Corp...* Commercial Solvents Corp* 96% July 1.163 190 a4 96 102 1% * 6,601 Sau Toy 20 51 Golden State Co Ltd 5% Jan 4 15% 51 Jan 7% July 20 - 4 % 5% Sept a h. Glad dim McBean & Co..* 7% 10 20 15% 225 1% 15% Jan 12 9% Apr 1% Sept 1% Nov 7% 38% ai »■' 1% - - 109 g 5% .......... 83% 35 - * « 450 * Lone Star Gas Jan 335 - 11% 1% Mountain Fuel Supply.. 10 Nov 60% » Koppers Gas & Coke pf. 100 57% 16% 53 59% a3% 1% Dec Feb 22% 3% 7 40% June 158 Ap' '29% July 18% 21% 2% 3% 13% Baldwin Loco Works v t c 27% 26% 4 Aviation Corr (The) (Del)3 13 Bariisdall Oil Co 5 Bendix Aviation Corp 5 Bethlehem Steel Corp...* Borg-Warner Corp 5 4% 38% 4% 36% 3% Atlantic Refining Co...25 Case J I Co ' - Corp.. * Smelting Ref Co * Amer Tel & Tel Co....100 Am 11% 1% Ilarb Walker Refrac com.* Jeannette Glass pref.....* Am Rad & Std San 11% 6% 5% 3% 3 5% 5% 6% 226 23% 19 Feb 4 42 1.85 Apr 3% 2,853 4% Feb 7' Sept Oct, Jan Sept Sept 8 Aug 5% 95 4 May 38 39% 32 May 41 24% 24% 25% 1,025 2,295 19 May 28 Jan 92 92 125 84 June 98 Sept "23% 23% 23% 141! 21% May 27% Mar l-i 195 isic PflMt on-; f-.T, 38 100 * 3 3 May 6% Nov Sept THE COMMERCIAL & FINANCIAL CHRONICLE CANADIAN MARKETS Friday Week's Ranpe for Last of Prices Week Low Price (Concluded)Par Stocks Sales Last High Shares Stocks (Concluded) D imlnlo'i Sreel A Week Price Shares Stocks (Concluded) Lake Shore Mi 4—*$• -1 Highwood..—.:***:—.if 1 ies. Lame Que.. * M acussa M i Hollinger—_5 Home Oil — nes 1 .td.. _ * 1 .. M ilarticGolrlfiells Dry den Paper—-r-: ---Enamel A Heating Prod-. * 3 English Electric B Foundation Co of Can---* 10% Gatl ieau ....100 100 — 5%% preferred * Howard Smith Paper * 100 Preferred — Sherrltt-Gordnn Mines. ..1 Feb Imp Tobacco ord—. International Pow pref.100 7% Slseoe Gold Sent. Mi nes v. 1 Jan filaden-Malartlc Mines Sullivan Cons Mines.....1 Int Mill preferred.: Teck Hughes Gold M ines. 1 International Nlckei International Pete.. Nov 5 13 U Feb 16 Jan Sept 97 May 101 A Oils- Sept Anglo-Canadian Oil Co...* Sept Home Oil Co Ltd Jason Mines...... , Jelllcoe*.— 10% Jan Homestead Oil & Gas Ltd.l J M Cons Feb 14 Jan ftoyailte Oil Co Ltd...--* 7% Oct 16% Jan 25 38 13% Mar 16 Nov June 93 Nov . Kirk Hud.... Jan Toronto Stock Sept Nov. 29 to Dee. 6, both' 12 Feb 18 % Sent 10 Apr U % ? Mar 9 May 10% 11 Nov Week's Range for Jan of Prices Low High Week MacKinnon ■♦'reel pref.100 50 Massey- Harris.. . . . ----- * New......-----——--* McColl-Frontenac Oil * 2 June May 3% Oct 3'4 June Montreal Cottons pref. 10) 111% Dec 20% June Mont L H A Power Co is.* 25 35 National Steel Car Corp..* 31 Norarula 48% Mines Ltd——* * Jan June Sept 40 Sept Fet) 39 Aug Dec 57% iv 22% 4% Dec 10 48% 3% Nov Nov 50 5% Aug 8% July 63 May 12% Jan Power Corp of Canada.. .* Price Bros A Co Ltd * 5% preferred.....-.100 Quebec Power * 0% June 75 14% 13% June 18 Sent 31 41 Dec 12 17 Jan 1.25 f<ran W A Power..* Sher Williams of Can * Preferred. 8% 100 Simon (H) A Sons Simpsons class B — 6 1.50 Southern Can Power-...-* Julv 2% July Mav Apr Feb Oct 8% June 59% Mar * Preferred 5 108% May * * Steel Co. of Canada June 12% 115 8 1.50 26 64 Feb 76 Sept Tooke Brothers pref... 100 Tuckett Tobacco pref—100 12 Mar 13 Mar 143 July 147 Nov United Steel Corp. Wabasso Cotton * 2% Feb 5 Feb 38 * 24 Wllsils Ltd * Winnipeg Electric A * 15 May 75c A or :;.y B..J........— 70c May Preferred 100 Zellers 4'% 8% * Preferred 25 23% July Jan July 18 1.15 1.15 7% 13 25% _ _ Preferred... — - Bobjo 310 137 May Mar 160% 6% Jan Mar 7© May 15c Oct Dec 7 Aug Oct Mar 8% 18% July. Jan 124 10 July 118 23 Sept Preferred——, Sale Stocks Price of Prices High Low for Week Range Since Jan. 1,1941 cum pref 7% cum Alutni tiurn Ltd Cauaoiaa Celatiese Canadian Dredge _ _ Bathurst P & P Co Ltd B.* Cdn Ind Al A Canadian Locomotive. cum 103 Beauharnois Pow Corp * Brit Amer Oil Co Ltd * 100% 100% 9% 9% 17% 18 Brit Columbia Packers. —* 16 16 Calgary Po w 0% cum pf 100 101 101% Canada & Dom SugCo... * 21 C:a i North P 82% 21% 82% 1.00 r.oo 7% c urn pf 100 Cauada B eweries Ltd...* Preferred... .„..* :: Ca ida Indus Ltd B pref 100% Dec 6%; Mai15 June 10 Apr 100 June Central Pat Central Porcupine.—. 70c Dec Feb Caat.au cai Feb 150 June Clieetervllle 100 175 160 June C.uomiuui Pow & Pan lav Ltd* 10c 175 10c Cocksliutt-- 7% >Ug Pr Metals..:-.... Nov Preston. 21% Mar Royal Bank 3% Sept 9 Mar Royallte RUfWelLIhd—i jfi-i, Preferred....:.... Dec : 2 Mar ('.% Nov 1.090 47c Nov 12 7% Aug ,2.91 Jau 1.35 Nov 0c Feb 25 3% 1.10 100 10 May Cute li Food Prods Ltd... * 9 Mai1 Cons Smelters....... Consumers Gas 9% Mar Davies Pete.. Commercial Alcohols Ltd.* 1.50 Feb Preferred .5 5 Consolidated Dlv Sec A..* Preferred 3© 2.50 7% Aug 2% May 2% July 4% Nov C msol Pauer Com Ltd... * Dounacona Pap Co i,td A * B East Dairies 7 % cum pf 100 P'alrchil J Aircraft L,td 5% 5 Fleet Aircraft Ltd Feb 1.50 May * 3% May Ford Motor of Can A....* Fraser Companies Ltd Apr Feb 15 Jan - -... Dominion F'ouudry... .. Lake Sulfite PulpC^— 50c Loblaw Groceterias a....* 25 Maclceuzie Air Service—.* 1.00 Mac-area Pow & Pa,»er .♦ 11 Jau Dominion Steel B-A-- 6% cum pref.. Massey pref new Dominion Woo lens... 24 F'rancoeur... Gati .eau Power pref.. Gen Reel Wares..... God's Lake 0% Walker-G'dJrbatu <fc Worts $1 cuui .... Graham Bousquct—.. preferred......* .2,004 25 V 3%c Bouscadihac Gold 1 Catidn Malartic Gold M—* Cartier-Malartic Gold lc June 1 Central Cadillac Gold.. . 1 East Malartic.. .——.... 1 . . Eldorado Gold Mines see Nov t preferred — 3,435 1411 Preferred .*—.*: Gunnar Jau Gypsum.. 5c Mar Halcrow Sway.***..:. 2.00 Nov Ham — .... Bridge.. Hard Rock....... 500 G 4o Dec 2%c May . 41 ' 67% G'V, 5 4,000 Stuart Oil..—.. 1_ — — Jan Oct SuHl vaa.*:*L.j Sept Sy I vaidiei.. _ -5% 1.75 Feb - - ..... Tamblyn common... Jan Teck Hughes....... Texas Caimdian.%,... T T tallorf-,.. Toburn . . *,.... * _. Toronto Elev.. Towaginac - „..... U_.1J Transcontinental Res Twin City.... " 0c Jan uchi 6%c Jan Union Oas.-. Gold:;:-——V-': * ... , ■ - 19 5 . ? - United Fuel A 18% United Steel*.*.:;*," Upper Canada. ..:*. 16 03c Sept 00- Jan. Yermllata Oils 41 o Aug; 10%C Jan v 13c * 10c 20 Jan 25 2% Wendlgo.lL W Dec 3c f. 12,9lor" 3 65c - 30 V Jan Sept Nov »Ko Apr Oct 5% 1.10 Jan Dec Jan •' i: Preferred:1: - Win • F3eo B: .*. l i-referreu. . — 1 * Wood Alex pref.*:.. Wright Hargreaves.. Dec 37c Cab-FF|M«f.^?l Westoiis Dec July .-; 4% .. Preferred L'Y'i'; i:'*. Jan Jarr .•,:5%C June Mar 12c 290 2,200 16 . Waite Amulet..:,** Walkers-* *.., * j *;*i Jab ~' 80".V pref. J" preferred..,.,.. Ventures. 1%-Sept Dee 2c B Oct 52% June ' 55% Apr 1 %c Mar • 2%'c 'Aug 2 .Feb —. '3% ■ Sept 12 June * 19% Jan 4,300 715 Mar 6 > f^Jan 18 .Oct. . > . Sturgeon R_ Sudbury B.isln Sud Contact, . , - 8 ., Oct " lie Nov 150 F'eb 30c June page 70 11,100 T?-" .... lc ,. 35%c June 101 Great West Sadd 48c Jan 3.90 Sept 28 if Jan • July 15% >y.730 ;' -,4%L ,Feb 1,060, • 2 lo. June Great Lake Paper pref 1 Feb. »3 V Nov 14% Apr 420 ' , Great Lake vot trust. Mines— Beaufor Gold For footnotes — Straw Lake.... 52c Nov.,- Oct 2%c Nov l%c Juue 2,000 Preferred Preferred.** Steep Rock Iron..... Jan 5%-Mar 20% 1,000 ,.*._ Golden Gate.... Go.d Eagle.......... Goodyear—........ curn pf .100 6 • Steel Can ' . Walkervlile Brewery Ltd.* Slave Lake.I....... South End Pete—J— Standard Radio 30c June 229 6,000 6% cum pref 100 Mitchell, Robt Co Ltd...* Bladen Mai. —i—.c. Jan Aug 9% • June — Siscoe Gold—--" 70c Sept 27 .".. Sept 5 1,97 - 0% cum 1st pref 100 0% N C part 2d pref—50 . 1,415 4. F'ed Kirk Fernlaiid Fleet Aircraft........ Ford Motors A....... Goldale J. .. — — . Preferred. Jan Jan 23% .. Al«- 6% May Preferred.- Simpsons B 6% Mar 8% Sept 8%c Juue 4G%c Jan 1.08 Nov 2.05 Jan 2 June - 3% Nov .100 McColi-Froutenac Oil— So Can Pvvr 40 ■ 12,870 5,902 Fanny Fanner. Page-Hersey Tubes Ltd..* Sept 200 50c May 57,150 .... Easy Wash.... Eldorado... Power Corp of Can— 6% 41% Feb 3% June - 517 - . Preferred-.......i, F'alconbridge........ 100 Oct 17%c Dec 7%c Sept 28% Jan 24% Jau . July. 4 110 . May Apr Jan - 1,070 Dominion Tar. Equit Life... Feb 2:40 145 Oct 45© Aug 22% 395 Dominion Stores..... June Massey-Harris Co Ltd— Silverwoods:. Oct 1.55 June 17 50 25 Flast Malartic Dec - Preferred—., Ditquesue Mining 15c Sigma— Jan 14, 18% May 16% Nov 183.-. 276 , Dom ocot Inv Feb 5 2%c 9 . June Nov June 12c 1,125 v Feb 7 Dec • — Sherritt uord May 32c • — — Shawinlgan 1.8? 4' Jane ill 1,185 Dominion Bank 6 1 San Antonio, Aug 21c 31% May 09 Distillers Seagrams... Dome 7 * 878 1.000 * Interuat Utilities B 0 36,000 FTascr Cos voting trust* Intl Utilities Corp A .* Lake St Johu F&P . Denison. . St Anthony fet Lw Corp A Senator Rouyn...v.. ' 325 J uly 1.95 ,, 1.10 May 2.10 Apr " 661 5e — 60c Sept" 3% Aur 10%c Nov 6,385 255 * Roche L L— Dec Feb 5,500 Queenston Mines Reno Gold Sept Bsc 45c June 1,000 63c 19 Aug Co isoli'lated BnKeries — ,i 4% 3,200 WLei-. ; 1.90 Coniaurum Claude Neon Gen Adv. —, ... 14 Jau 15 l ...: . 15 Jap' Aug Aug . 60 Feb pref Premier...—'., 155 2 cum Pow Corp. l Jan Nov. 20% 2 7 Dec 8% May;10% 4% May 10% Apr 28 19%. May 29 > * 5,4 cum pref—... Pioneer.——— poweilRou—..... 1.50 Sept 22% * 5% cum preferred Canadian vlckers Ltd Dec — ..... Pickle Crow 163 65 25c Juue 52 Paymaster Jan 25 Gliem Research...... 27% 28% 170 172 22 ..* Dec Perron........... Feb 700 _.. 150 PartanenMul Jan May t»1,487 82% Dec Nov .„ 5 2,757 20% June ' Feb 18% 85 — 29 143 465 Castle Treth— Pandora Cad..... 110 Canadian Oil........ CP It Cariboo 7%. Pec 29 245 Canulian Malartic Painour.......... Mar _. Beatty Bros 6 % Page Hersey .Oct -6l Apr Paciiltu Oils May .'24 : . Orange Cras.i pref. 22 330 ... Oct 285 59 Canadian Car........ Preferred... * 1st preferred 20 60c Ontario Nickel 92 July. 180 565 Preferred. Canadian Bank Com Canadian Canners.. 90 100 100 pref 50 Mar Dec 17% May 50 Sept • .... Omega 7 .Ian - Okfdta Oils July 106 June O'Brien Aug: Jan 25c 101 Jan * Apr 3c 1.49 July 39 May ,11 210 Sharps Abitibi Pow & Pap 6% -, Canadian Breweries. , 5 50 Preferred gale* lists Mies Week's Range 15% 76 VI5 • Last Dec Nov 1.05 May 14o May 4% Feb - Canadian Bakeries.. Friday 1 * North Can.,.........i.* 1,649 3% June 1.245. *17 Feb Can Wire A ..i..6 Normetal 32 .25 * Nlplsslng.... Noranda..... 25 Canada Packers Can Steamships... 4...» Nnrgold.Li--.--r- 102% . 26 — Naybob—_1 Jan 893^ June 5 Dec Jan 1%C 5 14 National Grocers... Nat Sewer A Dec 13% 75 * * Jan 500 Preterred .4 1.10 205 100 . 5.95 Aug 3.1Q Canada Cement i,. i-c , — 17%e 61c 650 400 . Dee 5c 17,600 1,310 ; Nov 54,095 :. Mc Watters Jan Juue ... Mines.-.——,.1 Moneta...———_1 Moore Corp.......,......* 5 . ....—.1 — McLellun Mc V ittie .v— Dec 15 •; 6 8% 1,221 —. 1*. i j I %. .100 , Mining Corp 11c . McKenzie * - . Jan' Oct 6e Pref if us & when issued. McColl— -Mar 6 and when Issued new 37% July Canada Malting. Can Nor Power cum Aug Sept C C M preterred.... Nov. 29 to Dec. 8, both inclusive, compiled from official; Mcfntyre.... 99 59c Calgary & Edmonton Nova Scotia Eeb 65 Caimo.it Royal...... Preferred. 11% Prod.. Bunker Hill Nov Dec Oct Building Dec Jan Feb BUifj.lo Auk Sept Feb as * 100 15c 36c Bri D>m Oil— .Tolv If 9% Brouian Jan Preferred 500 B C Power "A"— Jan Massey Harris..—.. .400 B G Packers—.... Sept Sept Jan Feb 9 102% 3 * * Nov 1.24 30 -. 255 Mar 5 - 193 283 6c June 1.00 May 16 — — — >. Nov 500 1 — -v— 14% 5.' .1 — East.—-.. M Leal Mill • 10% June 4% 1 — Lk..,....^—1 Malirtlc G F^.. Man & ; Jan ■330 B A Oil Banks— i Oct Madden R. Preferred...i........ .* Maralgo.. l > 240 June 1,800 ' Montreal 7% Mar 8c M&cassa.. McL Cockshutt Aug 11c Sept 6%c Sept .... Brazil Trac— Commerce.. Caud 171 Little L I Jan ........ - Bralorne. 81c 3.15 Feb 267 Blue Top B < Loblaw A.... 33 Oct 24c Sept 1 %3 Sept Aug 3 20 -.. Jan 104 2Q.100 —-— Blae Ribbon _L— Oct 7%c June %c Dec 46c Apr 2.00 May 3%e Apr 250 Bertram & Sons Bldgood K- 9% il%c 4%c June ,215 3,500 1,358 _. Feb 3%c 11 ■/ 1 , Lebel Oro.... Leltch 1.15 Sept July 1,200 Beatty A.. 1st preferred Bell Phone Bouetnl . High , Dec 2 000 — Beattie Gold.— Oct Jan 46,000 ljy— Bear Exploration. Aug Jan OR Sept 12 . Sept 11 5,985 Bank of Nova Scotia.. Feb 70 1,600 2.5)0 Bank 'for Jan Shawl 3 4c Aldermac. Bath Power A. Sept Knitting * St. Lawrence Corp * A preferred 50 St Lawrence Paper pref 100 Regent 4 25 55 Bank Mont... Jan 50c 3,000 Anglo-tfanadiau Aug o Hor—........ As Jan Low Aiiun Gold Bankfield. Oct Penmans..........—. * J pref Arutfield... Jan Ottawa L H A Power—100 preferred— A P Grain .. 2.115 5,347 Acme Gas... Mar Mar M 18 6% » Latnauue G-, Lapa Cadillac. Laura Record. Range Since Jan. 1. 1941 Shares Abltlbi—- Jan Jan 15 May Ogilvie Flour Mills 5% 118 Stocks Jan Nov : Lake Sulphite. Lake Woods.. Sales Juue 29 June 16 19 25 3*4 4% 51 Mav28 15 Montreal Tramways... 100 Nathml Breweries * 50 :'.V' Lake Shore... inclusive, cDmpiledl from official sales list* * Jan Kirk Lake... Exchange ——3 OH , Kerr Addison. Lang A Sons Ltd (John A) * 25 preferred.*—,; 30 % Oct 29% June 82 1 Feb HOH ..* Preferred U. Imp Bank. Inspiration lut Met A..... Jam Jan 11 % —25 Mont Loan A Mtge * 4 Jan preferred... 100 93 9 Interna! Nickel of Canada * Legare Hudson Bay...." Huron <fe Erie June Nov . ....1 2% Mar 2% May 7 Laura Secord.1 I . l.: Pioneer Gold Mines of B CI Shawkey Gold Mining..-1 Feb 12 Lake of the Woods 1 Jv* Feb £1 Preferred * 9% 23% June Can.5 Inter Pete Co Ltd - .. 95 10% ---* —■ - 80% Bronze..—* Preferred International :... Perron Gold Mines 1/d Out 87 Hudson Biv Mining —..* imperial Oil Ltd Imperial Tobacco of Pato Cons Gold Dredg—.1 Nov 4% o Pamour-Forcupine Jan .. Howey —...... 100 Hamilton Bridge.-— Dm Sept Jnlv Gurd Charles**:* Holll iger Gold Mines , 5 16 % 76 General Steel Wares— Preferred 3% Oct Feb 70 5% 'referred 5% Mar * Homstead.. 1 O'Brien Gold Mines*...,1 2 Par Harker Kerr Addlsson— Chemical..—* Dominion Textile Friday far Sale Jollet-Quebec Mines Ltd-1 Coal B 25 Dominion Stores Ltd Dorn Tar & Par Sates Last 1,1941 100 Domln'on Glass Listed and Unlisted — Friday Ranpe Since Jan. Tuesday, December 9. 1941 Ymir Yankee*1**-—**: Bonda- * Sales TmsI Week's Ranpe for Sale of Prices Low J ? High Shares Price Week Ranpe Since Jan. I, 1941 Volume 154 THE COMMERCIAL & FINANCIAL CHRONICLE Number 4017 Transactions at the New York Curb Toronto Stock Nov. 29 to' Dec. Exchange-Curb Section Week's Range Last Par Can Vino Rare ij. Low Price High ■' 7% 65c 65c 100 1.00 100 1.00 Doc 3% 3% 1,552 Fob Nov ;vug * Cons Press * a..... 7% 5 81 Yt 50 78% 61 % 61 Yi 10 30 25c 600 3 25c * mt 23% 23 \i * 75 75 75 22% 22 Montreal Power * Pawnee Kirk..... 1 275 20% He 1.63 4,000 %c 425 1.25 5c 2,000 4%c 5c Ex-rlglits. y United States Treasury Rates quoted Tuesday........... Wednesday...... 238,645 Thursday 247,095 202,970 4 Friday... bid - v ■■3 Total Nov 30c Mar 27 Mar 84 Sept Apr Oct 29 % Jan lc Feb Apr Oct 2.10 Jan 8%o Jan Dec. 10. 17, 1941 1941..... Dec. 24. Dec. * 1941 Jan. 31, 1941..;.. 7, 1942-.-.. 14. - I Asked 148,000 18,000 45,000 24,000 1,051,000 927,000 43,000 12,000 900,000 20,000 15,000 794,000 $4,278,000 $389,000 $116,000 $4,783,000 v! Week Ended Dec. 5 100.7 100.7 Corp—- 100,9 %% 1%. t%% Ma Apr. 15,1942 100.2 100.5 Apr. 1, 1943 101.26 101.30 2s Federal Natl Mtge Assn— 2s May 16, 1943 Jan. 1 to Dec. 5 Jan. 100.11 100.13 .July 100.13 100.15 15,1942 1, 1942 15, 1942 tlM%--.July 15,1943 J1 %..... Apr. 15, 1944 Federal Home Loan Banks 100.8 —-Oct. - 100.10 100.17 100.19 100.3 100.5 U S Housing Authority— 101.2 101.5 .IMS Jan. 3, 1944— Call Jan. 3, '42 at 101... 101.3 101.6 1%% notes Feb, 1, 1944 101.9 101.12 New York Curb 1941 Exchange Stocks—No. of shares. 1940 JThcso bonds 1940 1941 1,253,710 853,645 28,108,603 38,723,600 $4,278,000 subject to all Federal taxi.j. are Bonds Domestic 389,000 Foreign corporate 116,000 $5,373 000 255,000 102,000 $220,367,000 F'orelgn government... 6,345,000 3,013,000 $274,630,000 2,541.000 "" 6,241,000 h Total..:..... $4,783,000 $5,730 000 $229,725 000 $283,412 000 Quotations for th S. Treasury Notes—Friday, Dec. 5 Figures after decimal point represent Bid Asked 00% 100 32nds of a po nt. one or more Int. Maturity Asked 21, 1942 0.30% 28. 1942 0.30% Feb. 18, 1942..... 0.30% 0.30% Feb. 25, 1942.--- 0.30% Mar. 4, 1942-:.- 0.30% 11,1942 Erie RR3%s, 1971.... Public Service (Okla.) : 0.30% 4, 1942--.-. 107 98 Montana-Dakota Utility 3%sv1961.... Pacific Gas & Electric 3s,1971 Jan. Feb. 0.30% 0.30% 0.30% 1942..... 716,000 Central 111 Public Seiv 3%s, 1971 Jan. Feb. 0.30% Jan. $395,000 39,000 858,000 Beneficial Indus Loan 2 Ms, 1956. BUl "■ Bid Reconstruction Finance Quotations for Recent Bond Issues—Friday, Dec. 6 Asked 0.30% 0.30% $8,000 845,000 759,000 , 1,253,710 Sales at Jan 150 $23,000 110,000 Bills—Friday, Dec. 5 Treasury BillsDee. Total Commodity Credit Corp M% May 1.1943 100.7 Call May 16,'42 at 100M Apr Doc 70 for discount at purchase. are 567,000 885,000 Sept 81% Juno $364,000 184,000 251,000 tin default. Listed, z Goeernment 130,000 Monday July Sept ♦No par value. « Odd lot sales. 0 Ex-stock dividend, c Admitted to un¬ listed trading privileges. d Deferred delivery, e Formerly the National Bond & Investment Co. r Canadian market, s Cash sale—not included In range for year, ':x Ex-divldend. . Saturday 95c Oct 22% Nov Asked Bid - Foreign Corporate Foreign Domestic 1.35 4% 80 July 21% June 10 40 1.62 „■ Feb 600 HC 1.62 Pend Oreille...... 1 Temlsk Mln............1 July 21c 200 95 95 Dominion Bridge Foothills 8% 60c May Hl% 3 100 6% 2% 2?4 3% Obligations of Governmental Agencies—Friday, Dec. 6 Value) tl%%—Feb. 15, 1945 Low 1.00 Cons Sand pref—..... 100 Corr Box pref 100 Dalhousie * t jor Shares I Cons Paper...... DcHavilland prof High 5 — Copper... of Shares) Range Since Jan. 1,1941 25 * Canadian Marconi 5, 1941 Dec. •L ;.!vBonds (Par (Number Week of Prices Sale Stocks— Coast Stocks Week Ended Sales Friday Exchange Daily, Weekly and Yearly 5, both inclusive, compiled from official sales lists 1411 — — 104% 107% 106% Standard Oil (Calif.) 2 Ms. 1966.. ..... 104% 102% 101% Superior Oil 3 %s, 1956;,:.: -—.i.... WestlnghouseElec 2%s, 1956,;:—.— Wisconsin Power A Light 3 Ms, 1971 ..... 98% 108% 104% 107% 106% 105% 103% 197% ———„ 3%s, 1971... 3%s, 1956.... Southern Natural Gas ..... — JMar; 15 .. .. 1943 15, 1943 Sept. 15, 1943 Dec. 15, 1943 June 102% . Asked .. Maturity 100.21 Mar. 15, 1944... 101.16 101.19 June 15, 1944 101.24 101.27 Sept. 15, 1944 100.14 100.16 Mar. 15, 1945... 101.5 J Mar. 15, 1946 Nat.Defease Nts 101.1 101.3 1%% 101.14 101.16 Bid 101.4 100.14 100.16 101.3 101.6 100.12 100.14 M% .. 1% .. M% 1% tSept.15, 1914 tDec. 15, 1945 Asked 101.2 1% . !i% are Kate 100.19 101.3 .. tThese bonds 106 105% , 1M% 2% 1M% M% .. 15, 1942 Dec. Int. Bid Kale Mar. 15, 1942 Sept. 15, 1942 M% M% 99.23 99.25 99.17 99.17 99.9 99.11 subject to all Federal taxes. OVER-THE-COUNTER SECURITIES Quotations for Friday, Dec. 5 Bid New York Bank Stocks dlebtfFSHs'Fh'e^^^^cfe Bid Par A si: Bid Par "'/■■■ 2d preferred Ask 9 15 Great Amer Indemnity... 1 Bank nf Manhattan Co!0 National Bronx... .....so 48 42 National Cit.v.....< 26 1)0 National Safety 15% Bank of Yorktown—66 2-3 Bensonhurst National.; .50 • 16% — ...12% -12% . 52 Great American, „ .5 .13.55 , Commercial National . 27% 100 167 100 635 a Fenn Exchange... 28% 173 10 Peoples National:. .— 14 1360 145 135 14... 17 ,, . . " 31% 51 Hartford Steam Boiler 32% Home Fire Security 23% 25% 100 'Bank of New York.. . 40 ;■ Fulton.:.. — — 50% Guaranty;... Bronx County.i... ...35 14% 17% trvi ng. Brooklyn.-".';.....^. .,100 66% 69% Kittgs County... > ^. .• _.. .. ..100 180 .!()() 254 10 ... 258 ..100 1540 1..20 Chemical Bank & Trust 10 Clinton.** 50 Colonial.;: .... 86 % x 42% 43% 85% 48% vll% 32% Corn Exermnge Bk A Tr .20 A Empire; Manufacturers.;. Preferred—...... ...25 '"9% L 10% "Continental Bank ft TrJU . :.. " 50 46% ...25 Lawyers, tii..; 88% . New York.. ;:;20 ...20 52% 54 ...25 80% 82% 12% TitleGuarautoe&Trust!2 =Lv2% 33% Tratle Bank & Trust. 48% UnderwTltere " * 33% Reinsurance Corp (N Y)_2 Republic (Texas) 10 6% 27% Revere (Paul) Fire Rhode Island 23% 3% Companies 1SU ran ce ^ * St Paul Fire & Marine.62 % 4% Seaboard Fire & Marine. 10 Seaboard Surety Security New Haven 10 Springfield Fire & Mar..25 Standard Accident 25 63 % 7% 7% M 7% 170 \ -Par Aetna Cas & ' : Hid Surety. ..:!() Aetna Life:!;-..;.!!. ...10 "27% Agricultural........ ...25 81% ••>>' : Equitable Amerieun . ...10 22% ....5 • Am Fidel A Cas Co com;.5 American Home.... ';; **'yiir.- . ...10 • V American Reserve...: ...10 Automobile. Baltimore ■ Boston. — ; ...25 American Surety 53% o 3% 4% 8.36 ¥7 2.19 2.40 tAmenifX" Holding Corp .10 '13% 14% Amer Business Shares;:.1 2.53 2.77 Accumulative series;*-! 2.26 — ' 37% 0% 657 -100 ...10 — Firemen's of 672 Newark ..--'5 Franklin Fire:.:. ... 5 "r. succeeds t tocliridge- will DCCL31.—V. ntil C. L. Locnridge, .»' ... continue 154, p. in who has 29% Century Shares Trust:;.* 25.36 44% Chemical Fund 1 9.16 27% Coinoionwe. 1th Invest...I 3.35 24% Consol Investment Trust:.! 27% 31. 1945, agreed, ompany's icipants the date subject Dec. 10, to Operating J Atlanta 154, p. Texas, !' . at a meeting held Sept. 19, 1941, have profit sharing stock plan by extending until for the allotment of shares thereunder, and certain conditions, that 8,400 shares of the :\v. 1049. - the 15.63 plan, as . than 'Other lieu in extra dividend-of 25 cents- per. hare and the regular quarterly dividend of 30 cents per share, both ayable Dec. 27 to holders of .record Dec., 16,.;;.;■.Sr. ~fl-i.^ " 30, 5.81 No Amer Bond Trust ctfs. 38% Petroleum shares 4.66 ,5.13 No Amer Tr Shares 1953.* 1.84 2.45 2.71 '. Series 1955 1 2.20 2.97 3.28 Series 1956., —......;1 2.15 .. .». 4.07 4.49 iSeries 1958........... 1 Tobacco shares........ 3.44 3.80 Plymouth Fund Inc...10c t. 15c 5c 1.23 1.35 13.23 14.23 1.86 2.08 1.74 V 33c 38c (Geo) Fund.;;! 1 11.68 12.49 Quarterly luc Shares.:10c Republic Invest Fund... 1 4.20 5.19 2.86 3.21 Z76.09 77.63 Selected Amer Shares—2% selected Income Shares..] 7.66 8.36 Sovereig n I nvestora _.; ] 5.10 5.76 12.57 Scudder, Stevens A Clark Fund Inc 14.00 15.34 77c 86c 9.90 Equitable Investment 27.26 Corp {Mass).;.:.—..5 9.91 Equity Corp $3 conv pref. 1 3.64 Fidelity Fund Inc .* 29 % First Mutual Trust Fund-Si 1.17 1.29 Spencer Trask Fund.....* 11.83 19.26 standard Utilities Inc.50c 13c 16c 8.74 8.96 ♦State St Invest Corp:..* .60% 63% Super Corp of Amer AA—1 2.05 23.88 17 ■ Trustee Stand Invest Shs— v ♦Series C—; 27.32 29.97 1 1.97 Series B-2—_ 22.76 24.98 ♦Series D..;1 1.87 14.83 16.27 Tn.stee Stand Oil Shares— 7.33 8.06 13.96 15.30 12.71 Series S-2....... Series S-3 10.61 11.68 7.91 8.71 2.75 3.05 Fund Inc common.. 10c Maryland Fund Ino.,.10c 1 17.66- Mutual Invest Fund Inc 10 10.51 Natloii-Wlde Securities— . ♦Series A ♦Series ,B. 74c 17.22 5.10 5.58 12% \ '■ B. Wellington Fund.;.....,l 13.24 14~58 % % 8.57 Investment Banking 8.99, Corporations ♦Blair & Co.. .—! ♦Central Nat Corp cl A..* 1.10 5.34 46c Series. C...... .... Li:. : U 8 El Lt & Pr Shares A.. 2 18.26 98c 5.78 66c ■ 7-97 8-23 4.96 5.20 41c 15.75 : 16.98 Natlouai Investors Corp.l No par value. Class B—— ——25c Trusteed Industry Shs_25o Union Bond Fund ser B—. 7.70 17% * 5.22 3.95 25.68 15.90 5.10 i 7.00 2.97 14.80 .........1 — Trusteed Amer Bank Shs—r 3.05 (Colo) ser B shares....* (Md) voting shares..25c 3.15 3.41 Series B-3 Masslnyestors Trust 1 .. 17.72 1 Mass Investors 2d Fund! 16.62 INSURANCE - .... 1.38 ' i - a 20 22 1 ♦Class B ♦First Boston Corp.;:. 10 2 12% 14 Quotations not furnished by sponsor or issuer. were paid from 1941i-^-V;-154, >p. 650; • . MISCELLANEOUS • 1941, retroactive to Jan. 1, 1941. This reduced net income for months of 1941, as previously published, by $15,757. published in 1940 have been adjusted herein to give increased tax rates of the Second Revenue Act of 1940. (2) six Co.)i figures 1941—9 Mos.- -1940 $1,551,018 517,135 $4,491,771 1,478,740 44, 204,758 1 ,413,847 68,728 66,796 212,399 212,363 218,944 219,597 656,831 658,791 in lieu of income taxes which Texas Utilities of 136,520 116,673 356,646 ■i 24,309 7,356 35,876 334,693 16,401 78,570 63,450 215,673 140,801 $608,104 $560,012 $1,535,607 $1,427,862 85,991 82,821 credited to Gross : * Int. on 28,325 (net).;— income." > long-term for of i 27,582 debt;.-;' $636,423 $587,593 $1,621,598 $1,510,683 193,577 196,989 583,854 594,005 Divs. - on exp.—i. cum. 31,085 35,465 95.600 108.066 3,045 3,014 9,008 9,466 pfd.;.- stock- of West unamortized Period End. of West ties Texas' deducts- 69,177 70,242 1,539 1,915 ;; 208,131 211,063 5,754 6,814 Net !ncome i(l> : - Federal $338,005 income and $279,969 $719,251 $581,269 profits taxes in the current periods :have been computed at rates prescribed in the Revenue Act of premium and debt in 1939. discount on com. and trative Income excess taxes income Such tax resulting expense amounts purposes from the have been and expense. Company Only 1941—9 Mos.—1940 Vtili_ stock $38,464 $38,464 $115,393 $115,393 104,000 104,000 312,000 273,000 26,654 .26,654 79,962 79,962 1,382 1,382 4,147 4,147 $170,501 $170,501 $511,502 $472,502 of adminis¬ exp. other for ; Qther Taxes, of equivalent to income earnings If West current on benefit 1941—3 Mos.—1940— Common Divs. the the first Earnings effect to Charges stocks Texas Co.-— and .Notes: on amount an payable had debt Sept. 30— Preferred Total General .;,:i Utilities; *.v, discount, long-term ; 4 Other" income been not Pub. Serv. Co. of Okla; interest—^ $6 represent have had Earnings Amortization-'!.; of;-wdebt and Co. in¬ of income income taxes would deductions refinancing taxes discount an ept.<30,'-1939, to and including Sept; 6.25 5.27 5.06 12.41 ^ .-•--•v;" Regular quarterly -distributions of 30 cents per share 3.30 4.75 4.95 Manhattan Bond inc. and excess profits.;. income taxes —.—., : Net" -oper. : amended.; Amerieau Agricultural Chemical Co.—Extra Dividend Dec. 5 declared 2.98 6.04 4.49 4.59 Series S-4............. 16.90 543,463 *'■ other General on —— Railroad equipment.... Steel 5.49 Income—Divs. • LThe' directory 3.88 Balanced Fund....—. 1 1941—3 Mos.—1940— ... Depreciation under - Series B-4 113 $1,678,637 — Maintenance Management Profit Sharing future-allotment ! ; Merchandise shares Ml! ,g shares. Series K-l 33 Eaton A Howard- INDUSTRIAL - revenues—.. Operat.on office stock "(par. $1), allotted under the plan to par1940, may be rescinded and cancelled and made vailable,, thereafter !or V. 31% directors, common on ......... % Period End. Sept. 30— his. retire-, mended.the management ec. 100 -^(And Its Subsidiary, West Texas Utilities come ave ♦Common B shares... 10 American Public Service Co,—Earnings— Charges of food shares Series K-2 118 Cruin & Forster Insurance Stock Fund.. 43 . board 6.50 Putnam 29% 7c '.'J','j;: Lr A i~ 25% 23% lan— The L 12.74 2.50 1373. ^-'V^. Industries, Inc. c Canadian Inv Fund Ltd.. 1 .....; Allen ( 21.91 $i office, has been effective Jan. 1. the 8.60 5.90 Railroad Corporation and Investment News announced charge of . 11.63 10% . active ., 20.27 1 PUBLIC UTILITY - Trundle, Trundle Mr; . ♦8% preferred......100 27% 3.00 Broad St Invest Co Inc. .5 Bullock Fund Ltd 114-r. - "OH 28% (dbraltar Fire & Marine.10 . Assistant Manager of the Newark ppointed Manager of. this company's Atlanta office, nent. 112 13.08 British Type Invest A...! 66%. Casualty & Surety Co.—New Manager— Aetna G. 64% General Reinsurance Gorp 5 Georgia Home....._ ...10 7% 94 RAILROAD A. 1.11 47% 49% 126% 130% Flretnan;s Fd of San F'r.25 13% 52% 39% General „ 4.95 1.01 _. Boston Fund Inc........5 Fidelity & Dep of Md -.20 oo% ——. 4.35 Dividend Shares......25c 9% 51 .10 D~.7-17-7.77.7."..2*50 14.14 44% ...25 Shippers. Diversified Trustee Shares ?% Fire Assn of Phila..: ,-10 7.82 Metals...... 3.91 Series B-l 4n 41% 14% Oils 7.42 Keystone Custodian Funds 1.91 2.26 1 Crtim & Forster com.. 10 ♦7% preferred 1% .-.6 ■40% 6.07 1.91 ..1 Cumulative Trust Shares Bankers Nat Investing^:•♦Common..:;.. ; ; ..J .:.t :■ 13% 5.51 6.75 3.54 Investors Fund C 2.04 1 Delaware Fund.........1 Employers Re Insurance 10 48% 12% 7.99 Chemical shares.. Electrical Equipment... Ask 3M Excess ... Bid <2% ; *5% preferred........ 5 b£3% Basic Industry Shares!. 10 3.08 4% 8.46 . »v"" 19.96 8.94 4.70 7.69 ' Series AA Serins AA mod 7.90' 4.26 Chemical 6.58 Independence Trust Shs.* Corporate Trust Shares. ♦ 7.18 Building supplies...... 10.77 37% Par Affiliated - Fund -Inc.. .1% Bank stock 7.26 Income Foundation Ask 4.39 11.32 9.80 General Bond......... , 7.24 3.98 10.30 5.97 ♦Huron Holding Corp! L LI 10.98 18% • 4.00 . Machinery 80 4% 12% ■ .3.63 51% 18.36 17% '. 4,99 ; Electrical equipment.;: Insurance stock 77% 36% 4.54 4.53 Aviation 7.03 10 2.50 8.58 .... 4.67 .—.4 Westchester Fire Agriculture... 4.21 5.52 7.21 26% 10.21 '• 4.30 5.01 4.24 25% 49% Fidelity & Guar Co..2 U S Guarantee _ 6.40 3.87 Building shares... Steel shares Assoc Stand Oil Shares is .2 30 22% 25% ■33% . 41% Aviation Capital !nc::— 1 Axe-Hougbtou- Fund inc.! 21%: 28% City of New York... .;.]() !21% 24% ental Castialty ....5 32% Eagle Fire.. -2% H 7% 46% Amer Foreign Investing 10c 11% 6% American. -2% Bankers A 23% 44% 40% ; 119% 122% A sk 20% 5.81 Aviation shares........ Railroad shares........ RR Equipment shares.. 34 % 8.14 —. N Y Stocks Inc— . 27.70 Bank Group shares. 10 Conti '• Federal "American of Newark. -2% American Re-Iusuranoe .10 "Bid Connecticut Gen Life ..!() 84% 10% investing Companies _;..5 Carolina.; 28% '. . Camden Fire.:. 130% 134% 57% 58% Aetna:.:!"., .v!: xtrZt- ..:10 American Alliance Par Ask 8% 51% Series ACC mod.. -a' Automobile shares..... • 273 267 -A'„.. 25.76 Group SecuritiesAgricultural shares 403 U S 45% 7% 225 32 % Bid ... Automobile... General Capital Corp * General Investors Trust: 1 195 -iii 10 Par Income series 4.70 y 3,82 393 U S Fire.: 1365 1.90 3.27 -XciXn 3.94 B... —100 • 19M 44 % 35 28% 24% 4% Fundament! Tr Shares A 2 Sun Life Assurance....100 Travelers.. 18M •s$. 119% 123% 10 Stuyvesant. 2 ;U) .10 61% 52 62 % Aeronautical Securities.. 1 i 9 3M m 23% 10 10 10 .2% 8 Merch& Mfrs Fire N Y—4 ——2 25 95 . United States...:;.. ;.100 1335 11.13 Providence-Washington .10 1 59M 29 85 10.32 % -50 M 3% 24 -KM) a-. New England Fund....;! ■29% L1 %..m ■3% ... 16.27 5 Ins..12% New HampshiretFire 35% 14.85 10 Merch Fire Assur com.:.5 ^5 6.89 Fundamental Invest Inc.2 .10 17 . 6.21 15% 39 M New. Brunswick lew priced bond series.. Preferred stock series... 90% 80 % 30% 27% 34% 3.55 J4% New Amsterdam Cas Central Hanover 3.10 88% National Union Fire-...20 *165 1590 ; 7.84 5 78% National Liberty Bond series....... 2.89 Foundation Trust Shs A„i 10 •37% 11% 1.73 Insurance stk series. 10c Fixed Trust Shares A...10 Preferred Accident National Casualty National-Firs Li 2.*~ 200 , 10% Ask 5% Phoenix Ins Co of North Amer.-lO Ask Bid 24% 91M 47% 30% Mary lan d Casualty £ BUI Par Natiotial Security Series— 4% 27% ..5 Ask Bank stock series... 10c 23% 43% „■> _ _ Bid Par Fiscal Fund Inc— 98% 101 % 130% 134 5 12.50 National.25 41% Lincoln Fire._wc,r.-..-'i..5 Par 2.50 15 ' Homestead Fire, iasi'ii.10 ^16 Companies Ask 344 336 -.10 Bankers. • Bid Northwestern Jersey Insurance of N Y.20 .. Mass Bonding & Par Northern.. 14 Pacific Indemnity Co...10 *.10 Knickerbocker New York Trust Northeastern 12 Ask Bid 12% 10 Hartford Fire... , . 13 71% 10 Pacific Fire. ' 25 Sterling Nat Bank. 1l % 68% 5 11% 26% 89M 45% . Home.... Merchants.... ..—100 North River 29 % Halifax, 655 First National of N Y..100 1335 New York Fire 10 27 ; 12 45 50 Public National—. ...17% Fifth Avenue. Par 44 % .'28% Hanover.. Chase National Ask 43 % Globe & Republic-.-....5 Globe & Rutgers Fire... 15 1,477 _ than ... 1,659 6,904 387 2,108 1,200 22,358 16,401 $480,692 $443,339 ■; 11,561 inc. 1,299 profits ... , 10,831 .A 7,356 $156,895 $161,098 •>' excess Net income . Federal Note: , of Cost Allied Stores Corp. (& sales Net ♦Net 1941- _ Operating revenues^ Operating expenses Prov. for Fed. Fed. for Prov. $1,298,328 523,866 134,860 inc. taxes i———— 121,257 48,531 1,129,327 retire, reserve appropriations —— 116,000 121,000 1,274,000 1,289,000 Other taxes 199,801 60,729 Cr80,000 . Net oper. Int. $482,345 $226,629 $3,691,987 (netJ-— 1.108 913 11,412 to struction—Cr. and Notes Advances to employees—— Land ♦Land, preferred stock_ 23,252 13^000 $20,824 41,085 27,390 plant & fund (Accounts 75,420 equipment , Canada of City of Vancouver * — 31 Aug. 1941 buildings, Dominion 15,020 — . Sheet —_ ._ — trademarks, 106,662 2 30,000 ___ charges Goodwill, $1,442,065 676 — bonds bonds receivable Inventories 1940 $1,382,249 157,841 —_ Sinking $13,^759,961 payable Accounts $3,075,547 11,784 —— Provision for and excess profits liabilities accrued Notes payable—officer 25,090 872 1,074 156,568 151,627 112,294 22,422 103,521 28,798 1 i $1,862,923 $1,858,836 $1,190,247 $1,190,247 527,000 &c._ 619 400 11,845 3,304 $318,757 $62,439 $1,719,590 $998,226 949,265 949,265 $770,325 $48,961 in stock 6Vis payable —14,724 Dividend payable 4,212,711 contracts ($1 1,742,806 400,000 652,667 486,242 — par)——— _ surplus Earned Accounts 30,000 liabilities stock Common Paid sales on term _ surplus 1 , Liabilities— 556,526 taxes Y —— 1st • — Total .140,675: . ■ income Other Advances , ! accrued Long $4,476,386 1,005,044 42,180 ,_ payable Interest; and insurance accrued—, 335,946 appllc. to pfd. stocks for the period— 4,142 74,979 $34,160 , — 011 Deferred con-- — 311 5,708 76,452 Liabilities- 19,092 18,302 profit Cash 380,577 (net) —— $3,087,331 1,756,463 $227,542 146,411 ___— income Net Dividends ' _—_ ___: taxes 800 20,000 114 depreciation— income I: 20,000 Assets— 3,675 ___ Emergency ._ for " 800 officers——., Balance 129,270 39,050 equipment and Provision Dividend 1,831,337 2,480,311 facilities Intangible assets Deferred charges for $168,311 34,255 33,582 charges 6,493,198 — ___ ——; machinery executive __ $194,067 — .... Provision Net 199,746 — — — bonds _______ of 2,754 $2,111,357 1,000 — , Buildings, 6Va% mtge. fees 747 3,791 213 — first on Y; $164,598 1,032 1,895 income Remuneration Other , _ rentals Legal fees (Loss. : purchase . on Total Nil : contracts on $187,350; ____ investments from 1940 1941 profit from Interest 1941 — Ltd.—Earnings- .sale of investments Depreciation over provision in 1938 • $3,703,399 1,764,292 231,362 $483,453 147,013 and charged ing Sept. 30, term notes—. accounts receivable— Advances Taxes bonds— deduc¬ mtge. on Other int. Profit ($1,609 ($91,479 Nil $471,715 $68,193 —$1.17 $0.17 400,000 shares of common stock, par $1, share per —— Notes income Gross Income . revenues— income 4,303 Cr4,350 Total Property Other 7,183 Dr32,783 Inventories, excess _ "l7~714 Dr45,817 Investment 60,729 941,250 |V profits taxes 546^373 Drl32,549 Assets— $9,825,279 4,094,481 364,272 $856,885 $12,372,234 5,025,741 329,925 1,051,378 70,071 . — (net)-.— Marketable; short 1941—12 Mos.—1940 ; 145,095 1,287 Operating 996,671 724 Cash Light Co.—Earnings1941—Month—1940 216,070 _—- Balance Sheet of $2,890,000 for Federal income and excess profits taxes appropriation for inventory valuation reserve, equal a share on common, comparing with net profit for the 9 months ended Oct. 31, 1940, of $1,636,823 after Federal taxes of $575,000 equal to 43 cents a common share.—V. 154, p. 241. Arkansas Power & $144,727 profit ♦On cents period Ended Oct. 31— $165,281 ——._ —; Net $1,000,000 97 to $391,588 259,863 income ♦Earns, provision and $1,665,295 514,657 margin Bakeries Years End. Aug. 31— Directors' —- — Taxes Other $1.45 charges, •After $1,141,39?) Depreciation ■ $0.49 $0.49 $2.11 excess Federal income taxes, and in 1941 after profits tax and appropriation for inventory valuation reserve. For 9 months ended Oct. 31, 1941, net profit was $2,634,023 after ■■!— stock 1938 $1,328,296 1,163,015 Eng., sell. & admin, exp. 118,314,315 3,769,693 4,990,329 1,183,756 1,195,255 ——_ of com. sh. per Canadian K 1939 1940 $2,345,255 1,953,667 Gross -12 Mos.—1940 29,601,444 141,562,718 38,673,946 _ profit Earns, ' ' $8,062,204 sales ———6,396,909 Income Subs.)—Earnings- 1941—3 Mos.—1940 period End. Oct, 31— 1941 •' ' Sales—net respectively.—V. 154, p. 1189., and 1940, ' 1 Tuesday, December 9, 1941 Income Account Years Ended Sept. 30 !—A the 1941 and 1940 prescribed in the Revenue Acts of and excess profits taxes in income periods have been computed at rates 1941 FINANCIAL CHRONICLE THE COMMERCIAL & 1412 (Capital mtge. Provision taxes_____ 25,000 13,550 42,573 49,498 $1,862,923 $1,858,836 Surplus Total ______ ♦After In for reserve 1940. (After 78,542 22,825 income for 498,300 83,978 — depreciation of $1,334,726 in 1941 and $1,280,980 of $16,758 in 1941 and $15,949 in 1940 and reserve $18,882 in Balance -V. 154, Oct. 5, '40 Oct. 4, '41 Period— per ♦After (& Subs.)—Earnings- Atlantic Coast Fisheries Co. sales Cost of oper., $1,246,076 1,463,368 16,805 28,195 1,210,984 materials, sales & administration Depreciation ; income tax —— — Sales in Increase $83,338 and banks in notes (less Accts. & U. Treasury* bills S. hand-— on rec. _ 450,000 — value of insurance 1,222,674 433,893 45,400 45,400 7,761 9,067 6,352 7,603 - etc, - 24,000 & trademarks Patents assets (less reserves)-— Y—_ Leaseholds 1 1 418,327 — items Deferred ~ 429,927 . — „ been has received _ 12,500 10,000 7,754 6,238 $1,767,290 Liabilities— •Notes in 1941, 5, accruals — surplus surplus Earned 454,167 29,167 38,393 32,603 ——— stock ♦Common 124,956 settlement , — 29,167 320,490 320,490 1,137,316 1,137,316 224,917 140,331 $2,384,494 Notice has 3% ♦Oper. ana misc. exps., in si. ins., deprec.. payable the stock for transit 1941—10 Mos.—1940 $54,717 $182,645 $183,265 29.212 23.146 89,716 79,514 52,178 15,760 14,468 2.132 3,808 taxes 47,959 1941. 15, Net income ———. ♦Including insurance, ing sale recorded 1980, for each share 5, 1941, will not be issued in respect of equivalent thereof computed on the basis bf corporate stock Since $100, there will be distributed in the on Stock Exchange York New of such cor¬ 1941, plus interest at the rate of 3% from Dec. 1, 1941, to Dec., 15, 1941. ; , . !Y; / The Exchange directs that the comrfion jstock'be not quot'ed ek skid dividend until Dec. 15, 1941; that all certificates delivered after Dec. per annum , , ( of Exchange Contracts: made prior to Dec. 15, 1941, must be accompanied by due-b:lls; and that all due-bills must be redeemed Dec. 16, 1941.—V. 154, p. 1260. Y settlement in 1941, Federal transfer York & agent of New York Trust Co. for 4,011,040 shares of has been appointed the $1 par common H. Beech, President, At states: the beginning of the agent for the $6 cumulative convertable preferred agent for the; voting trust certificates and scrip 154, p. 1374. transfer cumulative convertible preferred stock.—V. $6 Bunker Hill & Sullivan Mining & Concentrating: Co.— 3 Mos. 9 Mos. profit $362,685 $1,091,736 (•Earnings per share $0.27 $0.81 ♦After depreciation, depletion and Federal income and excess profits taxes. fOn 1,308,000 shares of common stock! For the 9 months ended Sept. 30, 1940 the company reported a net income of $1,038,302 after depreciation and depletion but before 1941— ♦Net Yy personnel. in Company during the with the U. S. early part of this fiscal year entered into a contract income taxes.—V. 153, p. 1270. Y' • installation of emergency plant approximately $1,619,500 which was subsequently amended and in¬ by $696,511. These facilities although not entirely complete at Sept. 30, 1941. were approximately 95% complete. A portion have been in use since Jan. 1, 1941 and all major units are in use at the and The time. present reimbursed present by 60 emergency, contract provides that the company is during the period to be installments (or of the whichever is shorter). Upon final payment of the monthly government will acquire title to the facilities. The company is, however, given an option to retain all or any part of these facilities by repaying the government the cost of the facilities retained, less certain agreed rates of depreciation, or purchase may be made at a negotiated price satisfactory to the Government and your company. In order to finance the acquisition and construction of these facili¬ cost p. $14,799 $16,546 and taxes, but before depletion. Int. entered into a loan agreement with the Reconstruc¬ whereby the company borrowed the purchase money required for such facilities. Repayment of the loan is secured by the assignment of the contractual payments provided by the emergency plant facility contracts. At Sept. 30, 1941, the company had expended $2,480,311 for such emergency plant facilities against which borrowings had been made in the total amount of $2,178,508. company income provided 5% on Net Sheet Aug. Balance Consolidated .' & bills $383,659 $220,112 277,979 166,787 31 1941 charges 17,501 1,668,970 1 15,587 $6,643,259 $6,603,384 $225,931 $171,393 110,750 126,785 553,006 11,727 212,901 610,670 150,737 210.293 12,178 &c — t payable loans ^____ (secur.) charges for Prov. Dominion, prov. & other tax— SAccrued liability Reserve for contingencies exchange—— Reserve for Capital stock Earned 10.429 23,760 1,537,716 1 33,980 — Liabilities— Bank 223,504 3,390,124 814 Total Accrued 428,523 3,002,677 securities—. ____„ trademarks, Accounts 1,068,329 — assets Deferred $208,939 675,955 purchase contracts Investments 1940 $939,834 receivable. marketable in Prepayments on Goodwill! 14,283 125.580 664 Assets— (Fixed 10,805 debentures redeem, ♦Accounts 7,718 159,688 11,074 profit Cash 2,438 49,155 456,652 bank loan on for or paid— Prov. for accts. in enemy occupied territory 212,901 8,293 9,058 3,986,442 1,406,659 .... i__ !___ surplus —, 3.986,442 1,240,479 $6,603,384 $6,643,259 for bad reserve $34,869 in 1940. (After and doubtful reserve accounts of $33,855 in 1941 for depreciation of $2,646,221 and in 1941 (Represented by 988,480 voting shares and 123,436 non-voting shares, both no par. Din respect of income tax on payments of interest on debenture stock of Robert McNish & Co., Ltd. —V. 154, p. 795. ' v and $2,496,724 in 1940. Canadian National Ry.—Earnings— Days Ended Nov. Gross 154, p. 1941 1940 $7,937,265 $7,186,899 30— revenues 1261. • Canadian Pacific V • Ry.—Earnings— 147, California Electric Power Co. (& Subs.)—EarningsOperating revenues 1941—Month- 1940 Other oper. $5,207,154 $414,330 $5,406,716 24,139 15,642 140,714 215.653 207,697 1,907,760 1,968,324 727,278 619.894 578,539 $1,936,131 52,087 $1,850,840 147,823 expenses__ 40,822 Taxes . 52,757 50,162 51,340 $153,490 $153,877 3,625 3,377 Depreciation 15,638,765 expenses earnings 154, p. Corp. of oper. Other revenues— income income—_T_— 601,752 35,684 debt. of disct.— 74.428 80.682 112,447 5,850 -Y: 1,034 ; 1.000 deductions Misc. 6.581 $157,255 Interest Amort, $1,886,524 104.346 $1,988,218 1,246,145 $157,115 America—Celluloid on Dec. 5 Merger that the merger of the Celluloid Corp.—Merger See Celanese Central Gross Com¬ Celluloid Corp. 1,328,173 Illinois Light expenses—— for taxes—Gen'l- 13,705 13,357 $653,940 $464,313 Federal income Federal excess for profits deprec. 154, p. 1300. Co.—Earnings— 1941—Month—1940— $850,550 revenue Prov. Completed— Corp. of America above.—V. Operating Prov, Gross 25,760,614 into the Celanese Corp. of America had been completed and that an injunctnion against the proposed consolidation which has been pend¬ ing in the New Jersey courts has been dissolved. Official notification of the completion of the merger will be sent to stockholders of both corporations within a few days.—V. 154, p. 1375. Period End! Oct. 31- Net 35,665,559 • announced was 5,470,639 1300, Celanese pleted— 5,937,888 16,891,993 180,034,146 138,739,804 11,421,353 144,368,587 112,979,190 1941—12 Mos.—1940 $416,437 Maintenance 21,576,653 earnings Working 1941—10 Mos.—1940 1941—Month—1940 Period End. Oct. 31- Gross It provision has been made in this report for Federal income taxes period due to no profit being shown for period.—V. 154, current Period End. Oct. 31— the ties the 1941—9 Mos, —1940 . $4,455 $6,461 ♦After expenses No for 1941—3 Mos.—1940 loss the acquisition, creased 29,925 8,776 55,716 158,409 deprec. of fixed assets Taxes on Net Butte Copper & Zinc Co.—EarningsPeriod End. Sept. 30— construction facilities, such facilities to cost Government for $620,637 27,962 3,638 _ ♦Net it had in substantially completed condition 409% $1,105,616 insurance commodity for —V. fiscal approximately 650,000 square feet of floor area and it then employed 5,480 persons. This amounts to an increase of approximately 400% in working area and risk War —V. Earnings— l'eet year .____ and transfer stock Beech Aircraft Corp., Wichita, Kan.—Annual Report— year, the company had a total of approximately 163,500 square of working area and employed 1,340 persons. At the end of the fiscal 4,075 expenses "After and for the voting trust certificates relating to the same issue. Chase National Bank of the City of New York has been ap¬ pointed for Bank Continental The Federal Walter income—.. Total Period End. Sept. 30, $7,337 $13,295 $40,752 $55,792 depreciation, repairs and alterations, (Includ¬ income tax based' on income for the period only (Deducted during this period but applicable to earnings of prior months during 1941 and 1940 respectively.—V. 154, p. 241. ■Y due unification, stock held of record at the close of business on Dec. Dec. last New $54,442 20.215 1,843 6,662 4,191 of other directors Legal 9 t Taxes income profit from sale of materials and supplies. profit from sale of marketable securities.. Investment Stock Exchange from the received by the New York denominations of less than re¬ and alterations (Federal to Dec. due-bills must prior Corp.—Dividend Ruling Queens Transit & been corporate of common The 1941—3 Mos.—1940 income pairs made Contracts Exchange of corporation of the declaration of a second liquidating dividend of 75 cents in cash and $1.25 principal amount of The City of New York stock, Period Ended Oct. 31— profit from sale of fixed assets___; Net 1940; ~ $596,348 25,050 Dividends above $1,767,290 154, p. 259. Inc.—Earnings— Balfour Building, Gross 1941. (The) Brown Co.—Transfer Agents— ♦Represented by 320,490 shares of $1 par value.:—V. Subs.)— (& 1941 $1,067,869 * Inventories Brooklyn 5, •• — —__ $78,217 $84,255 — Operating reserves — Notes payable, not current——— Capital York Stock Exchange from New 17, 1941, must be accompanied by due-bills, and that all be redeemed on Dec. 18, 1941.—V. 154, p. 1260. porate stock on or before Dec. 5, payable payable——— Sundry the Exchange directs that the common stock be not quoted ex said until Dec. 17, 1941; that all certificates delivered after Dec. fractional amounts the cash $2,384,494 Accounts by 5, 1941, payable Dec. 17, close of business on Dec. ■ inv. & Security Fixed 261,989 — ______— insurance, taxes, rent, adv. Prepaid Sundry Apr. 30, *41 $100,772 564,408 reserves) Inventories Cash surrender $87,717 .__ 31— investments Net Prov. dividend Oct. 31, '41 Assets— Cash $5.50 The Sheet Balance ' . corporation of the declaration of a third liquidating dividend of in cash for each share of common stock held of record at the this $84,586 ♦Equal to 26 cents per share of common stock Consolidated Notice Cr77,607 surplus for period earned 1260 154, p. Brooklyn-Manhattan Transit Corp.—Dividend Ruling Cr299 period items —_— gain from sale of assets and investments— Ltd. Net Interest 5,271 Prior Net $4,014,610 $39,653,579 $27,612,160 $5,349,021 — $10,704 ♦$84,586 profit from operations , — & exp. pf idle plant & vessels Co., profit from Income Fees 1941—11 Mos.—1940 1941—Month—1940 Period End. Nov. 30— —V. Net Alcohol Salaries and fees of exec, directors and officers Bond Stores, Inc.—November Sales Up— 24,389 Insurance, taxes, Year End. Aug. Operating Total $1,592,954 Industrial Earnings— 1100. p. 1940 1941 6 Mos. End. Oct. 31— Federal 154, p. 1258. (On 200,000 shares of common stock.—V. profits taxes. Net $142,994 $0.90 $0.59 share—;— $0.11 $0.29 all charges, provision for State and Federal income and excess tEarns. year-end dividend of common Oct. 5. '40 $204,635 $67,761 $31,323 profit Oct. 4, *41 1939. .(Represented by 9,130 shares 5% cumulative partici¬ pating redeemable sinking fund preferred stock, par $100, and 99,890 common shares no par value.—V. 154, p. 1189. Canadian 15 cents per share has been declared on the stock, payable Dec. 23 to holders of record Dec. 3. A like amount was paid on this issue on April 7, July 7 and Oct. 10, last, as compared with 12Vs> cents per share on Aug. 31 and Dec. 17, 1940. The previous payment was 50 cents on Dec. 20, 1937. Unfilled orders were reported on Nov. 21 to total approximately $28,000,000, an increase of $1,000,000 since the end of October, and compares with approximately $23,000,000 on June 30, last.—V. 154, A -40 Weeks- 16 Weeks ♦Net 154, p. 746. BlawrKnox Co.—15-Cent Dividend— Corp.—Earnings— Artloom $13,759,961 Total -V. 953. p. 1941—12 Mos.- -1940 $755,573 $10,306,518 $9,661,848 333,322 101,449 300,855 4,052,048 92,357 1,114,983 3,757,990 1,079,372 69,700 73,100 899,400 639,826 45,300 and amortization 122,000 115,000 1,450,000 1,330,000 $178,779 $174,261 $2,206,860 $2,854,660 tion Finance Corporation The total of unfilled orders as of Nov. 22. 1941, amounted to Profit V credit to surp. ~2~892 Miscell. debits to surp. 4,300 :■ "49 12,974 10,950 84,656 3,762 35,440 fEarned ♦Loss. p. 954. surplus $36,410 (-Available for redemption of $52,433 $716,129 income and other deducts. 61,647 660,975 716,807 $122,159 $112,614 $1,545,886 $2,137,853 41,800 41,800 501,606 501,607 15,951 15,951 191,407 191,400 4,403 $54,863 $852,873 $1,444,84C 56,620 ; 14,392 ■ 37,782 62,841 income Net Divs. on Amort. $85,500,000 as compared with $22,600,000 as of Nov. 22, 1940. In the opinion of the management of company ample credit Is avaih^le at reasonable cost for the proper financing of all contracts held. Gross Int. arising fr. retire. of bonds & debs.(net) Miscell. .mproYimately now $45,293 $37,818 income Net of __j! pfd. stockpfd. stk. exp. $453,645 bonds, dividends, etc.— V. 154, Balance -V. 154, p. 905. -y. Volume 154 Number 4017 THE COMMERCIAL & FINANCIAL CHRONICLE Central & South West Utilities Co. (& Period End. Sept. 30— operating Operation 1941—3 Mos.—1940 $9,642,503 revenues. Depreciation 2,800,898 452,799 1,234,263 —. local 8,618,249 profits excess taxes profits tax Charges in lieu of and excess prof, 408,757 1,314,622 1,136,542 3,513,767 1,297,546 3,333,928 928.252 817,015 2,574,373 2,414,630 334,710 1,611,265 791,674 284,515 795,074 Net The directors Gross 6,754 4,987 (net) income long-term on $2,990,395 $7,817,323 20,427 $2,995,383 $7,837,750 $8,012,053 864,981 2,477,894 2,607,310 count and expense of pref. refinancing General int. Other income for stocks 515,109 559,347 28,748 29,371 148,382 70,400 82,117 98,237 5,102 24,803 22,459 24.646 of subs of div. not paid Net income 11,028 or requir. declared 2,036,607 702,310 Period End. Nov. 30— 649 739 1,948 2,218 $1,177,676 $2,550,890 $2,509,338 periods of have income been and computed profits excess at rates taxes prescribed the in in the current Revenue give Earnings of Company Only Period End. Sept. 30— 1941—3 Mos.—1940 1941—12 Mos.—1940 Inc. fr. sub. Divs. on 154, Pub. Other ? Other ' Okla, Serv. of and $651,750 520,038 $616,250 173,346 $217,250 173,346 205 102 410 288 3,403 3,251 10,162 10,006 int. —— ... admin, other and $1,182,360 $1,146,582 12,902 23,033 54,577 2,000 2,278 7,166 7,089 24,967 16,265 52,055 37,391 profits... $359,002 $362,504 $1,100,105 4,110 10,500 16,137 long-term debt. on on temp, Other loan 270 _ of and $354,885 been and $351,734 $1,083,952 $1,011,853 profits taxes in the 1941 and 1940 rates prescribed in the Revenue Acts excess computed at 1940, respectively.—V. 154, p. 1189. Week —V. Ended— loaded Gross income Profit Other Earnings for Year Ended Aug. contracts on 31, •Net income .... Columbia Gross Corp. Preferred Share (& to of production producers and and sales of than dividends 31, May $4,028,976; Operating costs __;— $4,944,619 909,624 256,012 selling and .... expenses.. Federal...— __ profit (net) Profit . Interest and other expense debentures— on Income taxes stock bank loan on 94,531 74,864 1,602,267 120,776 1,582,673 .i..... $399,819 $126,605 Dr6,262 71,603 $393,557 $198,208 22,306 10,625 ..... taxes—— 102,000 29.000 7,546 4,705 $261,705 $153,878 51,565 103.131 $0,57 $0.28 — preferred convertible stock- $2.75 on Earnings per share of stock. common Consolidated Balance Sheet Sept. 27,'41 Sept. 28, '40 $1,321,932 $2,014,970 Accounts and notes receivable (net).——.... 836,462 645,965 Advances to outside producers, less amounts re¬ covered from film rentals (secured by films) 1,604,745 912,659 — Balance Sheet, Aug. 31, Prov. for Cost of and awards (incl. portion of payable, incl. estimated liability commitments Oper. exps.—salaries incl. Fed. to •Net contrib. trust payable for Net oper. to income 1938, ——.____ — ———....... operating in Spain and receivables from European Japan— Sundry receivable sub. countries ceivables and in 5 60,348 loans co. {Fixed -assets, Total deferred charges. — — — v 5 $311,533 26,479 57,598 Net 123,304 80,816 Other 45,029 20,827 payable to banks 110,235 56,329 $204,428 $202,778 $90,668 $69,484 —— dividend Deposits payable Deferred income to outside Reserve 116,200 1.913,591 250,639 183,487 for '-year 4'/4% under loan surplus 19,375 14,072 42,216 $102,573 $1.35 $129,008 $55,596 $11,401 $1.29 $0.48 $0.38 (no par) 184,216 323,603 134,055 250,000 114,505 50,050 331,121 295,245 89,792 19,581 288,299 286,213 without notes 1941; of 1940, common $41,380; stock, Sheet—Sept. 30, par 1939, — —— ; — 50,050 (& Subs.)—Earnings— 1940 $4,290,592 $3,948,679 $3.58 $3.30 deductions— divs. (& Subs.)—Earnings— 1941—12 Mos.—1940 <$> $ 32,311,335 27,094,012 123,970,871 114,162,842 11,100,358 10,115,419 42,906,139 40,954,580 $ $ 1,577,815 1,447,960 5,804,939 5,856,673 2,187,457 1,248,803 7,537,698 4,004,785 498,245 83,512 939,949 83,512 4,065,149 3,507,539 15,213,111 13,760,078 5,520,291 4,252,964 19,941,652^ 17,827,019 7,362,020 6,437,815 31,627,383 31,676,195 20,045 35,823 226,288 301,649 7,382,065 6,473,638 31,853,671 31,977,844 2,857,078 2,959,537 11,491,233 11,922,278 488,487 218,061 507,684 2,080,236 215,968 996.367 2,025,268 1,298,896 2,763 2,051 41,908 29,357 1,971,407 1,971,668 7,885,626 7,886,507 (notes, etc.) •Net to public applicable cr to interests equity _ 98,415 110,699 411,468 435,120 1,751,380 710,133 9,030,649 8,439,132 $10,986; other assets, $42,024; 1,751,380 710,133 9,030,649 8,439,132 Oct, Dec. on declared 5 dividend a the on $1 of 10 cumulative cents class' A 1, and 25 1940, cents per stock, share in preceding quarters.—V. Crown Zellerbacli Corp. tax other 710,133 12,605 deduct- carried sol. to 3,283 9,031,547 8,442,415 17,000 61,375 57,883 26,318 9,682 55,890 45,419 97,091 50,294 413,028 213.332 397,244 411,136 1,620,294 1,647,717 earned 1,218,122 222,021 6,880,960 6,478,064 con- surplus •Of Electric Power & Light Corp. in income of subsidiaries. Statement Period Ended Oct. 31— subsidiaries $699,999 net freight, etc. Other operating income income 1941 discounts, returns, of outward — (net)! (net)—_________ Products, Inc Int. Total income of depletion Operating 2,266,605 4,012,913 3,396,585 expenses — notes on •Provision bank loans and Canadian S. inc. taxes__ 79,403 168,231 4,149,377 3,210,382 37,591 37,310 interest' Minority Net profit Earnings per share of common $4,475,959 $4,329,865 $1.39 $1.33 stock debt 1041 and $1,352,097 in 1940 for 1 * excess months 6 minority profit shown net profit of (2) Profit ended Oct. 31, 1941, for comparative purposes.—V. 154, p. 4,847,080 Value of prod, of bullion —V. 154, p. 1052, 749. 1941—Month—1940 $646,793 $659,671 52. on July distribution 15, 1939.—V. 15, 154, 75 p. and cents 1190. on was 38,974 expense on 38,974 . -,-i—49 — 552 1,032 $321,127 $1,257,265 $1,349,094 debentures. tOn collateral trust 1376. (Del.) (& Subs.)—Earnings— 1941—Month—1940 1941—12 Mos.—1940 Maintenance 30.673 15,498 272,234 Depreciation 57,499 58,819 737,770 709,646 101,005 88,861 1.095,248 987,407 $174,456 $218,413 $2,588,283 $2,717,166 7,559 1,810 92,690 20,755 $166,897 $216,603 $2,495,593 $2,696,411 revenues •Taxes Net oper. revenues— $6,384,181 1,834,204 135,758 Exploration and develop¬ ment costs Balance income income Interest — of Amortiz. , and 23,338 12,791 108,628 46,059 $190,235 $229,394 $2,604,221 $2,742,470 33,182 32,420 391,401 367,462 1,699 1,185 10,809 1,776 337 23,167 17,603 income stock, Pref. ——— deducts inc. Net $153,578 $195,452 $2,172,051 $2,361,310 8,632 103,579 103,579 disct. debt expense Misc. Balance div. and for requir. com. 8,632 , yX*' div. $144,947 $186,821 $2,068,472 Fed. inc. & surtaxes- 67,470 57,030 788,765 Fed. exc. profits tax_ 14,624 3,743 153,725 surplus 2,890 $2,257,731 •Incl. the follow, taxes: 645,266 ; 37,427 154, p. 1003. $7,139,094 $7,276,911 General Electric Co.—New Record Established— An last, of 30,768 .v 9,743 1941—11 Mos.—1940 A dividend of 50 cents per share has been declared on the common stock, payable Dec. 15 to holders of record Dec. 1. This compares with paid 413,028 1,550,000 $6,571,732 1,878,197 —V. 3,965,164 $1 50,294 387,500 13,893 $525,187 143,597 to equivalent U. S. dollars, and stockholders' equity, was $452,144. The consolidated net above for the corresponding 6 months in 1940 includes Canadian subsidiaries of $450,735. shown above for the 6 months ended Oct. 31, 1940, reclassified and 154, p. Operation Gross from the previously published result because of adjustments of provisions for U. S. and Canadian taxes on income, recorded subsequent to that date, as a result of new Federal and Dominion of Canada enactments; also certain items of income and expense for that period been 45,419 213,332 1,550,000 57,662 97,091 387,500 $166,741 varies have 55,890 profits Notes—(1) The net profit of Canadian subsidiaries, after deductions exchange necessary to convert the increase in working capital for the $3,407,852 61,375 9,682 $510,336 146,703 Operating 1 ■ 17,000 ——_ discount $3,313,445 57,883 $809,239 expense retired.—V. $3,310,162 3,283 12,605 9,744 income Other •Includes $2,000,091 in and 898 26,318 deducts Period Ended Oct. 31— 163,000 ________ payable to banks for U. 1941—12 Mos.—1940 $3,406,954 $699,999 El Paso Natural Gas Co. 234,465 —2,420,936 debentures- oil int. •Of $809,239 coll. trust bonds on bonds $42,697,306 $34,844,786 27,521,127 21,272,808 goods sold tax •Amortization 1940 328,320 inc. Expenses $41,791,096 $34,024,022 531,332 541,273 46,558 45,026 Fibreboard from Fed. taxes Net allowances, —. — for Interest 154, (Company Only) 1941—3 Mos.—1940 —— Total Prov. Other no of Income income: Gross (& Subs.)—Earnings— 6 Months Ended Oct. 31— Sales, 3,487,500 in and Bal. Other 4,847,080 4,374,117 less $36,789 inc. taxes fPrem. Dec. Int. share per was 3,487~506 countries, Fed. for Other 1,751,380 „— From 427. p. because foreign 898 . Expenses indus¬ payable Dec. 23 to holders of record Dec. 12. A like paid on this issue on April 1, July 1 and Oct. 1, last, and Dec. 30, 1940, as compared with 15 cents per share on July 1 and initial in — income Prov. 1941 3176. p. accumulations of Period End. Nov. 30— $18,056,524 $15,586,664 equity Total value, •Represented by 366,268 no par shares. {After reserves and deferred of $546,671 in 1941 and $378,991 in 1940. fAfter reserve for depreciation of $1,817,168 in 1941 and $1,650,614 in 1940. §Withheld restrictions •Net Other $2.50. Dome Mines, Ltd.—Production— income currency Up-*—-:. 1941—11 Mos.—1940 $2,159,271 $29,550,664 $23,481,381 $22,438; Dresser Mfg. Co.—50-Cent Dividend— Total of long-term debt_ interest minority $72,992 receivable, $5,779,897; equity in re¬ $369,163; other current receivables, recourse, 152, 750,000 — . $73,619, $771,692; directors account par 2,000,000 stock Pfd. automobiles The on agreement •Common arned — Other of $1,151,491 51,565 sinking fund debentures fl$2.75 pref. conv. stock 21,000 ■52,770 140,720 shares tOn sold the 225~750 taxes— banks (net) chgd. to constr., Crown Cork International Corp.—10-Cent Class A Div. . 1,639,212 payable contingencies to (non-current) $90,668 21,000 87,950 charter, $1; deferred charges, $46,613; furniture and fixtures (net), $33,673; total, $7,096,185. Liabilities—Collateral trust notes, $4,115,000; accounts payable and accruals, $71^,277; reserve for taxes, $87,124; reserves withheld, $35,406; reserve for losses, $132,307; deferred income, $333,512; reserve for discounts sold, $336,891; debentures, $760,000; 6% cumulative convertible preferred stock ($100 par), $350,000; common stock ($2.50 par), $351,800; earned surplus, $355,275; capital surplus, $167,593; $18,056,524 $15,586,664 — producers and participants payable $202,778 21,000 Prepay, prem. incident to refund, 1,826,288 sinking fund deb. due currently.. Federal for This until depl. revenues— income on Int. tax ——X' income loans, 3,509 $211,523 Interest 1,260 $400,000 Preferred 7,094 _ 77,366 under loan agreement payable and accrued expenses Acounts payable to sub. cos. oper. in invaded European countries Due to outside producers and participants Reserve 1. informa¬ payments excess and oper. Other 156,967 inc. appropriations— res. Int. 198,223 $42,137; repossessed automobiles, taxes. Accounts 6-year VA% taxes retire, 77,991 58,950 ;1 127,300 LiabilitiesNotes the ' Depreciation and (net)-,.-' and dividends. Dec. trial bank Cost — S. funds realized from for. subs. expenses of 1941—3 Mos.—1940 tax Other 36,284 Consolidated Balance 152,993 cos. Miscellaneous securities, at cost less reserve... Cash surrender value of life insurance........ Prepaid 1,584,158 —— and amount the of "no 1941 _________ Fed. Prop, $483,511 foreign territories invaded _ Assets—Cash, Miscellaneous in not record share for Federal profits Subs.)—Earnings- empl. _ $7,303. Dividends oper. the but of record 1941—Month—1940 revenues for Prov. Gross — 90,635 in learn dividends, to holders previous Power & Light Corp. Maintenance 45,675 94,859 per share •Income taxes included: 68,664 {Investments not 11 the „__ per Operating Operation 130,348 170,782 65,038 193,370 fEarns, 607,172 .... cos. will Subsidiaries' Aug. 31, 1942, provision for contin¬ $771,590 dividends 72,823 sub. December from excess 86,382 dividends 718,760 of profit 134,603 __ income Preferred 219,189 process accessories supplies assets its 1190, 957. Electric after $952,297 inc. income 896,129 Net of Period Ended Oct. 31— workmen's 1938 expenses 3.938,174 and Date imposed by the Federal Revenue Act of 1941, net profit for the Septem¬ quarter was $425,815 or 36 cents a share.—V. 154, p. 149. 40,432 other 3,908,443 stock Pa.—Dividend ber long-term note accrued items, 1939 - All 1,408,171 Rights Oakmont, depreciation, interest, minority interest, and Federal income* profits taxes. tOn 1,197,192 shares of capital stock. For quarter ended Sept. 30, 1941, profit was $1,420,504. After de¬ ducting $994,689 additional taxes for first 9 months of this year employees 3,508,685 Advertising depreciation, •After 1940 loss 4,517,017 Film alter 18 did something unusual in business affairs $2,736,164 154, p. and 1941 borrowings—_ cost, less amortization productions at productions in and scenarios Co. departure Stockholders tEarnings 1941 accounts Contract Purchase Corp. (& Completed productions not yet released, at cost Notes 365,000 373,246 $784,613; Years Ended Sept. 30— Total income Cost of dates partial a Prov. on Assets— Released Steel Electric Auto-Lite $18,044; note payable (non-current), $400,000; gencies, $365,000; preferred shares, $3,554,725; common shares (241,617 no par), $1; surplus, $1,286,655; total, $15,238,014.—V. 154, p. 652, amount §Due taxes, total, $7,096,185.—V. Net Dividend the gave —V. $667,518 $4,800,000; accrued 2,904,465 Provision for Federal taxes: Capital *$37,558 or 29,284 payable to banks Surplus $6,083,382 2,956,365 income Interest $310,096 operations but before Federal income tax, losses, and other non-operating 397.500 , 1942), compensation and Other *$53,583 covers taxes, . film participants and prints sold administrative General, Taxes—other local Period End. Nov. 30— $1,459,303 income— : Liabilities—Notes Subs.)—Earnings— ........ of accessories 27,435 526,968 Edison Brothers Stores, Inc.—November Sales 201,745 466,907 Assets—Cash, $1,083,675; trade notes and accounts receivable, $3,701,632; completed portion of uncompleted contracts, $$6,093,930; inventories, $1,359,484; prepaid items, $173,287; notes and contracts receivable, non-current, $7,315; land, $964,920; plant and equipment (net), $1,827,297; patents, $1; deferred charges and other assets, $26,472; total, $15,238,014. Net Sept. 27, '41 Sept. 28, '40 rentals accessories Amortization $396,200 15,195 468,648 Ele'c. Pwr. & Lt. Corp.: Pictures from income and ••U. 26,047,394 operations income Common Weeks Ended— 13 $106,790 1,869 55,116 The payment date will be Dec. Portion 153, p. 96. $461,975 720 39,560 9 Mos. End. Sept. 30— Net Misc. 1940 $763,549 statement and company on Nov. Other •After taxes and charges.—V. Cash from expenses less other & 1941 •$336 $28,175,348 — 154, p. 1375. Sept. 30— 7,331,397 $115,223 company has been paying 21 cents per each month. In 1940 regular dividends were $2.50, divided into equal monthly payments. There was also $1 extra paid in Dec., 1940. ("Pittsburgh Post Gazette.")—V. 129, p. 3641. 1941 Provision for Federal income and excess profits taxes— Provision for contingencies 22,709 Chicago Union Station Co.—Earnings— above Sales Nov. 22,'41 Nov. 30,'40 27,461 7,395,998 share ___ •Taxes, 28,813 $7,793,372 735,563 they receive their checks. Since early this year the Report— of work performed Depreciation of operating plant, machinery and equipment Selling and general cffice administrative expenses -Loadings-— Nov. 29,'41 .... 9 Months Ended Cost , was Consolidated Bonus Chicago Rock Island & Pacific Ry. Cars —it $8,901,439 (Including Wholly-Owned Subsidiary) 2,993 6,000 income have 15 deducts.. Note—Federal income periods The 10,111 interest 1941 16,567 fr. company income Net $1,047,524 $8,159,547 697,324 _— $76,383 The rentals Edgewater 1941—11 Mos.—1940 $946,516 $10,297,861 Consolidated Steel Corp. Ltd.—Annual due income parent Other $393,949 8,235 inc. taxes— Gross 520,038 $394,204 exps.. than excess Income Int. $217,250 $735,227 capital stock tax, capital gains adjustments.—V. 154, p. 1376. Stores, Inc.—November Sales— 1941—Month—1940 Consolidated El. divs. and Taxes, Int. & income Total Gen. Gas •Deficit 1052. p. stks.— com. Southw. - income expense 1941—10 Mos.—-1940 $812,547 Net income 15, consol.: cos. Other Other interest, Act retroactive to Jan. 1, 1941. This, reduced net income for the 6 months of 1941, as previously published, by $365,049. The period earnings have been adjusted for comparative purposes to effect to increased tax rates of the Second Revenue Act of 1940. 1940 on tion." 1941 first record issue " , Cost Note—Federal of this on 1940, on Jan. 14, 1939, and on the common stock was 1932. $1,099,979 _ -r-V. 2,142,742 $1,271,021 holders paid (& Subs.)—Earnings— 1941—Month—1940 — But No Amount— pref. 670,766 1, Consolidated Retail require. on previous payment to 24 share on Jan. 12, to holders of record Jan. Sales deducts— div. period Balance 186,455 59,791 (net) Prov. for 168,857 The April on Dec. per 1942, and usual quarterly dividend of $1.75 per share on the 1% cumulative preferred stock, payable Mai'ch 2, 1942, to holders of record Feb. 16, 1942.—V.* 154, p. 1262. stock expense- $1 directors also 1942, Amortization of debt dis¬ Amortiz. 1938. made year-end dividend of $1.50 per a payable with compares 1940, and 75 cents each 14, revenue Operating income declared the regular quarterly dividend of $1.62Va per share on the 6 Vs% cumulative prior preferred stock, payable Feb. 2, 17,695 815,267 declared stock, common Steamship Lines, Inc. Period End. Oct. 31— Corp.—$1.50 Year-End Dividend— Dec.: 5 on This cents The $7,994,358 $3,022,026 debt 15. Dec. 24, on Jan. 785,566 the on Dec. 81,461 $3,015,272 Eastern ' Operating expense Consolidated Cigar 75 income oper. Othec income Int. 21,357 172,504 to deferred income in Spain and shares. ♦•To protect future par 1261. Operating inc. taxes 154, p. 8,093,060 808,303 Excess 1940, applicable by 75,000 no currency receipts.—V. share and Income in flRepresented Japan. 1941—9 Mos.—1940 $8,772,833 $26,326,134 $24,710,763 , 3,009,752 Maintenance and $29,905 1941 Subs.)—Earnings 1413 July 15 and Dec. 24, 1940. An paid on the common stock on all time locomotives lished year. last high for the manufacture and delivery of diesel-electric by the Erie works of the General Electric Co. was estab¬ with the delivery of the 200th locomotive so far this week - - . • :'.•••• A large percentage of the diesel-electrics already shipped are now engaged in defense operations. Many have gone into arsenals and navy yards. Many more are serving other defense industries.—V. 154, p. 1377. /Xyf'XX S'1' ■(/ 1 THE COMMERCIAL & 1414 Service Engineers Public Operating Operation —„*—*—. — Depreciation —— taxes- 11 Federal income Other taxes Net 2,132,543 Balance— Divs. 5,427,232 2,169,499 513,459 6,540,001 5,922,410 $645,261 dividends Cimiulative pref. 2,848,496 $9,651,284 2.751,690 $6,926,245 $6,899,594 1,583,970 1,619,762 $9,774,742 $674,038 declared- stocks, decl. earn, but not - - •Net profit tEarnings —k share of $82,168 $0.25 directors The payable paid Dec. Certificates, Inc.—10-Cent Dividend— Dec. on 26 this on 1940.—V. and other charges, ton 333,000 i' .■ -■5:. depreciation, Federal taxes common stock. {Revised. ♦After shares 193,879 $0.58 k' . per 1940 $932,624 - , issue 154, declared 4 June on Balance Sheet, Oct. 31, 1941 kk-.v, ky"k •• "k'k '• k* Assets— Cash „:,vkk'.k bonds—**: of life value Surrender Fixed assets .A- insurance.. (net)——— 1 — — Prepaid charges 'k.——— Patents, goodwill, etc..**. 599,149 -52,418 l ... .. . ........ number share, per amount was during 1941—Month—1940 Years Ended Aug. — . profit Operating k , (Oregon)- -Earnings1941 31— sales— of Cost 1941—10 Mos —1940 now Jantzen Knitting Mills Gross $2,583,320 Tdtal cents like $3,069,671 $f*373,627 $24,752,318 $19,938,035 in operation totals 39, the same as last stores of year.—V. 154, p. 1379. 4,419 _*„*__ — —„ 10 A semi-annually 797. p. ———_ The (net)—627,523 —— .... 831,995 ik Inventory of Interstate Department Stores, Inc.—November SalesSales $317,694 150,120 ... — retirement Tax Accounts receivable dividend a of record Dec. 16. 26, last, and also holders to Period End. Nov. 30— ;kkk'k®kk .^k'kkkkvA- $1,301,477 $17,217,336 $17,259,822 627,440 7,442,594 7,608,538 610,499 Sales 6,421,072 $1,255,760 - pfd. on 4,101,029 6,736,259 3,740,898 525,872 287,559 $1,329,069 $17,270,371 $17,403,295 Dr27,591 Dr53,035 Drl43,473 Int. and amortiz.— Balance 340,980 568,419 730,823 577,692 $1,278,178 Dr22,418 revenues— income (net)*— oper. Other 362,850 Insuranshares 1941 $2,114,374 3 Mos. Ended Oct. 31— - $4,809,511 $63,150,839 $56,373,270 1,812,572 23,075,948 20,716,095 $5,650,506 revenues— Maintenance 1941—32 Mos.—1940 Tuesday, December 9, 1941 Inc.—Earnings— Hayes Industries, Subs.)—Earnings— (& Co. 1941—Month—1940 Period Ended Oct. 31— FINANCIAL CHRONICLE —**_: on expenses sales...... — ' 1940 $3,485,484 $2,669,576 2,008,221 1,507,471 . $1,477,283 ■; $1,162,105 1,213,183 1,020,149 ...... Liabilities- applicable to minority interests $5,279,831 $5,342,275 26,292 Balance Amount ... 19,220 Federal income tax 424,850 (prior fiscal year).. .... (current year—60% )...* --- — t Amortization $5,315,983 7,574 $5,260,611 172,373 187,859 56,760 58,113 112,989 102,726 $5,665,679 $5,616,883 426,124 341,847 dividends declared J Preferred Earnings from other sources— 7,574 64,939 -($I'-par)*——.*—-**———— Capital stock ,V Total income 333,000 Interest, expense 853,721 Other • Surplus i 76,891 $314,014 $218,847 290,900 Provision for Federal tax '-Balance $141,956 49,933 „k—- —— income Other $264,080 — Operating profit $615,911 payable and accruals... Accounts ....— $2,583,320 Total 9,019 — 9,623 deductions Depreciation Federal — State income and taxes— 9,485 ■£k 1,186 46,312 46,363 67,083 34,000 -V. 154, p. 244. Expenses and taxes.——_——* Balance'' $5,239,555 ————■ to stocks of Engineers Co stock of Eng. Public Serv. Co $5,010,053 Service Public $5,275,036 2,285,192 $2,741,840 $2,989,844 $1.44 $1.57 and a quarterly dividend of 35 cents per share on the stock, both payable Dec. 22 to holders of record Dec. 5. A special distribution of 35 cents per share was also made on Dec. 21, 1940, and one of 50 cents per share on Dec. 20, 1939.—V. 153, p. 397. Year Ended of & way 18,755 Maintenance of equip.__ 9,441 Traffic —- Transportation General ; 21,143 18,206 9,097 35,823 5,286 35,660 structures 49,309 *- _* 5,399 — 257,413 230,792 179,602 166,523 91,308 87,104 429,541 369,004 53,938 53,090 $4,968,195 $1,222,950 $1,508,437 3,284,665 3,723,979 964,711 1,247,165 depreciation $941,108 $1,244,216 $258,240 $261,272 profit of subs... 48,261 37,735 25,884 '34,416 profit. $989,369 $1,281,951 $284,124 $295,689 expenses 423,383 387,536 153,863 73,776 54,437 37,479 Consol. Sell, Net gross and adm. Depreciation — $1,446 $46,529 $263,870 $50,875 80,646 82,657 8,321 v 8,447 •$6,876 8,543 1,317 1,909 1,907 $27,629 •$10,100 income.,. 917 269 $183,224 *$31,782 55,208 21,337 19,328 19,156 , ,, $108,688 •$72,275 13,209 10,792 $28,545 •$9,831 $121,897 314 343 3,205 ; ♦$61,483 3,381 $28,232 interest or loss.—V. 154, p. J •$10,174 $118,692 *$64,864 1301. ... Sales Higher— Sales Higher— (H. L.) Green Co., Inc.—November 1941—Month—1940 1941—10 Mos.—1940 $4,899,204 $4,394,561 $40,751,872 $36,348,628 .... At Nov. 30, the 1941, had 151 stores in previous.—V. 154, p. 1053. company 150 stores the year operation, as Period Ended Oct. 31— Gross 112,906 expenses.—* 1941—12 Mos—1940 $2,287,381 $1,982,190 1,176,749 1,006,475 1940 1941—Month$203,603 revenue $155,401 75,048 Provision for taxes: General Federal exc. for Provision 17,126 9,719 21,751 — 9,181 Income Federal Store charges profits. deprec.— 4,605 —k-w 15,833 15,833 " k.'i 201,050 180,923 133,601 80,168 68,685 '-*.;__*'* 189,999 187,500 *£***_ $39,327 $37,674 $517,296 $527,124 Interest and deductions 17,798 19,918 226,876 242,653 ——* $21,529 stock—* 5,513 $17,757 5,584 $290,420 66,942 $284,470 67,014 income income Net Divs. pref. on Balance $12,172 $16,016 *——*... of dividend stock, of $217,456 $223,477 154, p. 958. extra dividend Distribution-^, Total cents per share and the regular quarterly share have been declared on the common per both payable Jan. 2 to holders of record Dec. 17. An extra cents per share was paid on July 2, last, as against 10 cents on Jan. 2, 1941, and July 2, 1940, and one of five cents on five extra Power Co. Idaho Period Ended Oct. 31— Operating Operating 65,084 662,424 443,367 118,087 25,157 $3,163*688 $2,266,318 liabilities .......jL— «, 1,719 '■} 21,366 2,170 2,152,701 4 contingencies——v . i (par $10)—..-——...... for stock stock 1941—Month- -1940 revenues $6,353,810 expenses 177,422 166,483 2,076,448 1,949,943 *. *.. 53,006 40,500 - —..... - Other 76,000 380,800 600,900 Ry. oper. revenues Ry. oper. expenses : 99,000 taxes Prop, retir. res. approp. Net Other oper. on (net) — mtge. bonds— and deduct.. int. chgd. to const., cr. Net v 154, p. 865. 520,800 587,500 $2,086,342 $2,268,024 213 5,342 2,646 $192,924 56,250 10,617 $2,091,684 675,000 105,834 $2,270,670 197 56,250 10,824 140 135 $126,197 to pref. stocks for the Balance k 43,800 period 6,914 $1,317,764 414,342 ' $3,163,688 $903,422 $6,920,259 . $5,609,58' k;;k;V. ;;'k. • Value— Keystone Custodian Funds, Inc.—Asset Custodian Funds/ Inc., trustee, reports total assets of Custodian Fund Series "B2" had increased to - $3,484,033 based on market values on Oct. 31, 1941, equivalent to $22.58 per share on the 241,196 shares outstanding on that date. This compares with total assets of $5,139,016 on April 30, 1941, equal to $22.51 per share on 228,317 shares then outstanding. For the six months ended Oct. 31, 1941, realized gains on sale of investments totaled $176,503, leaving total unrealized appreciation of $213,658 on the books of the Fund.—V. 154, p. 1379. : : Koehring Co., Milwaukee—50-Cent from revenue the Net 981,212 732,187 7,856,110 6,648,013 $345,811 $416,339 $4,434,168 $3,260,455 114,064 124,133 1,665,146 915,765 125,489 122,807 1,179,078 1,083,396 $106,258 $169,399 3,278 $1,589,944 25,076 $1,261,294 2,006 $108,264 $172,677 $1,615,020 $1,286,821 income—... Misc. deduct, Total fixed _—— from inc. charges (S. S.) Kresge Co.—November Sales 684 V. 3,169 2,987 35,280 32,856 36,796 421,321 383,235 number 674 $870,730 $1,158,419 $132,894 1 44,365 8,875 Maintenance 10,381 Taxes $39,291 $1,200,044 513,355 $1,063;930 470,691 102,171 98,242 156,825 95,078 on Amort, & 15,109 Dr334 $442,802 $399,586 —*-** - accr.r> - $32,272 $39,329 k, 7,500 ; < ; ■ . , 7.500 - k . 90,000 ; k. 90,000 $31,829 $24,772 $352,802 $309,586 7,001 7,107 85,131 86,012 **_**___* income charges— •After 750 kk; 762 9,116 296 557 10,603 k 9,217 . $16,346 k $247,952 $202,611 29,400 shares "B" 21,992 "C" 16,150 13,696 "D"—*——— 13,476 531 3,236 shares $166,934 $136,940 - i.-*— — paid—J.P.S. Ltd.. Balance" ^***_*_£_i——■*********---♦Before retirement share per provision $1,500,000 for contingencies and $8,443,310 profits taxes. {On 1,000,000 shares of and income par excess $1.—V. 154, p. 1379. fo o | reserve dividend of $1 per share 1941, to holders of recorc 1942, to holders of recon 20, 1941. Distributions of 50 cents per share were made or 16 and Sept. 16, last, as compared with 25 cents on Mqrch 15' directors which Dec. Dec. June accruals.- -V. 154, p. 91,800 91,350 $75,134 $45,590 1149, declared have cents 50 is year-end a payable Dec. £1941. - ... ■ dividends Total 153, p. paid Louisiana Power & Light Operating Operating for 1940 were $1.75 per share- $9,599,235 5,087,245 537,512 81.556 3,613 76,902 64,565 298,860 817,420 758,83 70,111 67,199 835,367 816,13 $159,419 1,526 $179,923 $2,022,831 $1,991,39 602 13,607 12,57 $160,945 $180,525 $2,003,97 72,919 72,928 $2,036,438 875,087 6,593 6,389 82,009 45 440 1,305 1,76 ..$81,478 $101,648 $1,080,647 $1,033,63 489,370 38,433 $8,206,58: 4,340,5! 296,08- excess taxes — „***k_**2" taxes Prop, retire, res. 1941—12 Mos.—1940 $724,894 358,397 51,197 $915,791 expenses Fed. inc. tax. Fed. Co.—Earnings 1941—Month—1940 ; revenues—2 for profits - . during the year 1134. Period End. Oct. 31— Prov. 15, 1941, and 50 cents is payable Jan. 2, 5, Net' shares dividends 5,295,24? $5.2? appro. 3,61 11,745 Preference Common v $87,570,93 — — capital stock, Prov." $23,781 Preference dividend requirements: J.P.S.Co., Ltd.—Preference shares income Balance Inc.) — , tEarnings Oiher, of debt discount expense Net $427,692 Dr53 stock— deb. k , profit $399,919 $32,325 38 income Gross Canada a year previous. in (Including Lockheed Air Terminal, sales •Net of 1941—12 Mos.—1940 $88,853 39,292 8,877 V 8,358 $102,913 Operating revenues reserve k k and 61 Earnings for 8 Months Ended Aug. 31, 1941 The (& Subs.)—Earnings- 1941—Month—1940 Operation Retire, United States 1054. 154, p. 1941, totaled 736, q compared wit operation on Nov. 30, in the United States and 62 in Canada, in the in Longhorn Portland Cement Co.—Year-End Dividend- period End. Oct. 31— ♦Gross income stores of were stores Lockheed Aircraft Corp.—Earnings— — $63,745 1941—11 Mos.—1940 $15,847,758 $14,179,322 $146,554,871 $131,798,91 25,527 41,350 Higher— 1941—Month—1940 Period End. Nov.30— Sales Federal charges _*__*.._.* —V. 154, p. 865. ;kV.k'k, k ' 'p. 1442. Net income Total par no distribution of like amount which income oper. ry. stock, common initial ry. operations Railway tax accrualsEquipment and V joint facility rents 29 paid a dividend of 50 cents per share o value, to holders of record Nov. 25. Ai was made on July 10, last.—V. 141 The company on Nov. , Dividend— ■ Preference $1,063,822 1054. p. 1941—10 Mos.—1940 > $709,572 $835,694 kk Keystone Co.—Earnings-; Preference 414,342 1941—Month—1940 — $2,266,318 120,742 $1,478,164 154, k Keystone 1,417 29,802 2,440 1,837,884 V 29,452 21,992 675,000 — 154, The Net Other $55,861 income Dividends applic. 1,234~243 1,211,283 $192,711 50,000 $122,603 $122,800 ineome Gross Other revenues- income 96~500 ....-V" 'r: Kennedy's Ine.—November Sales Up 17.8%— 133,000 64,115 1941—Month—1940 1941—10 Mos.'—1940 $1,327,023 $1,148,526 $12,290,284 $9,908,468 J.P.S.Co., Ltd. 152,000 will continue to operate at capacity.—V. Philadelphia, Pa., Sales debts bad for Indiana Harbor Belt RR. Int. —* , 1, and p! 1004. ;'k—k*** $154,967 ^ 33,999 8,695 and dealers' reserve account of $111,603 in 1941 and $100,493 in 1940. tAfter reserve for depreciation of $502,755 in 1941 and $454,588 in 1940 and $459,310 in 1939 and $514,290 in 1938. {Represented by 121,716 no par shares in 1941 and 121,662 no par shares in 1940.—V. 154, p. 1264. reserve income taxes ' hoped . Total 1941—12 MOS.—1940 $6,714,473 , , 110,200 65,718 . —,*—*„ —. and , additional square feet They will also have of land, suitable lor additional plant expan- Period End. Nov. 30— ' $500,000 Corp., aircraft production. \ * ' is Ave., 71,686 j 24,984 & Atlanta (net) trade_*_*** 261,608 payable...—38,890 balances..*-**.--—— * 9,316 Other for Federal excess profits -V. 553,917 64,142 Oil buy. that the plant will be in limited production shortly when in full production will provide employment for an estimated maximum of 500 men." Mr. Kellett further stated that their plant at 58th St. and Grays $418,409 _k_k— Gulf the term of years with option to a manufacturing space for "It "688,698 by owned and State Road, in Upper Darby, Pa., has give the Kellett corporation 26,000 will "This states: plant, Ave. Lansdowne after Jan. 899,817 income. taxes..* taxes acquired newly been leased for 1940 1,197,637 k ^Utility oper. Income income (net) -Earnings— $552,494 taxes Prov. "The speed up production to a point in keeping further announcement The to them increased orders for defense work. their with 31. k~*— k Other enable which- will ' f$l 1,776 acceptances payable, Other Executive Vice-President of this corporation, announced leasing through Markeim-Chalmers-Ludington, Inc., and John J. Mac Donald, representing the Gulf Oil Corp., of an additional plant approximately four acres , credit / - Autoglro Corp.—Leases Additional Plant— Kellett R. G. Kellett, 'sion.- loans and . . (less reserve), $208,- .the of —*.**.. Salaries and wages 1941 other obligations, $19,611; 5ko, cumulative preferred stock ($100 par), $750,000; common stock ($1 par), $200,000; capital sur¬ plus, $618,845; earned surplus, $1,041,478; total, $2,833.272,—V. 154, p. 543, • " ■; v ; ■ . .V- fkv" ' V. $565,525 Fed. for Prov. Int. $65,705 Aug. .* Accounts Sheet, Aug. 31, customers' receivables $356,352; $134,979; located at 2, 1940.—V. 152, p. 3969. Jan. Int. *649 receivable———:— Liabilities— 1941. in inventories, $662,857; miscellaneous receivables (less reserve), $35,136; investments, $819,421; plant and equipment (cost less depreci¬ ation), $703,903; deferred charges, $47,429; patents and trademarks, $1; total, $2,833,272. Liabilities—Trade accounts payable, $68,358; miscellaneous accruals, V. t first time the Assets—Cash, 30,325 Sheet, Balance Jamaica Public Service Ltd. of five cents 10 6,101 Net income after fixed Harding Carpets, Ltd.—Extra An 89 & equip, in N. Y. prop. Other Gross $703,083 134 66,777 Period Ended Oct, 31— Gulf Power Co.- -Earnings— Operating $381,459 receivables and •After Period End. Nov. 30— against 133,000 account tProperty {Common 1941—11 Mos.—1940 $91,020,596 1941—Month—1940 $12,169,948 $10,628,238 $104,706,117 154, p. 958, 542. Sales Cr2,~803 110,200 ■ Investments Reserve (W. T.) Grant Co.—November Period End. Nov. 30— ... Cr2,130 $196,598 Preferred Sales 1,646 Crll,054 tLoss. accounts $0.45 par. 1941 for expenses Balance 9,267 2,176 Crl,940 1941 and ♦Notes Federal to ' •Deficit 18,437 income- subsidiaries. •Of Customers applicable 10,951 dividends Common Bank — Deductions from income Surplus 6,698 9,789 Net profit for yearPreferred dividends Deferred income income Gross 2,682 taxes Inventories $38,081 .... Non-operating $7,169 Assets— Railway oper. income Equip, rents (net dr.)— Joint facility rents (net Net rWy. oper. ... $92,783 Consolidated way operations **v Railway tax accruals.. dr.) Federal 37,500 $0.72 include, in addition to regular pension payments, $44,000 extraordinary purchase of annuities for prior service; also $48,783 wage dividend and salary bonus. Vacation pay, to employees on direct payroll, amounting to $12,729 was provided Note—Operating 62,037 $839,978 charges- Miscellaneous $127,813 * 226,483 $492,210 notes and accts. Miscellaneous * ♦Earnings per share 1 ♦On 200,000 shares of common stock, $1 for doubtful trade Prov. rail- from rev. —V. .„. profit fr. opers before Gross stock 172; discount of sales. Gross* Cr46 Transportation for inv. •' common for $4,225,773 and Cost Operating profit Interest paid (Including Statesboro Northern Ry.) 1941—10 Mos.—1940 1941—Month—1940 $1,275,672 $957,341 $165,093 $91,001 revenue. oper. Maintenance —V. preferred stocki...'—...k on Aug. 31, '41 Aug. 31, '40 Aug. 31, *39 Dec. 31, '38 , Railway 1 on Dividends 8 Mos. End. Year Ended Sales, less returns, allow. Period Ended Oct. 31— ; — - $181,977 37,500 80,000 profit Dividends "" Georgia & Florida RR.—Earnings— vV -Earnings— Indian Motocycle Co. (& Subs.) stock •Applicable to Engineers Public Service CO., before allowing for Un¬ earned cumulative preferred dividends of a subsidiary company. tOf discount applicable to bonds of a subsidiary company owned by parent company, deducted above. {Earnings from subsidiary com¬ panies, included as deductions above. §In excess of its preferred divi¬ dend requirements for the period, less minority interest, credited to reserve for depreciation in investments in subsidiaries. fiThe amounts shown as Federal income taxes include $489,631 accrued by three sub¬ sidiary companies in October ($1,491,622 for the 12 months ending Oct. 31, 1941) for excess profits tax under the Revenue Act of 1941 (none estimated under the Excess Profits Tax Act of 1940).—V. 154, 906. Christmas dividend of 35 cents 2 declared a Dec. on share per 2,268,213 Earnings per share of common p. directors capital applicable Balance Divs. on pref. The $5,275,036 229,502 SEarnings of a subsidiary company— Net Ideal Cement Co.—Christmas Dividehd— revenues income (net) oper. Other — Gross Int. on Other Int. k. income mtge. int. chgd. bonds— & deductions to const, Net income Divs. . appl. to pref. stock for the period.— Balance -V. cr. 154, *——**—„—*—— p. 960. - 875,26 96,8 356,532 356,53 $724,115 $677,10 Volume 154 THE COMMERCIAL & FINANCIAL CHRONICLE Number 4017 ►Dividend (Ky.)- -Initial Common Louisville Gas & Electric Co. • the Dec. Note directors have declared The on stock, common 31, requirements- for period held by the public. companies Dividend— 1941 x-V. 154, initial dividend of 37 V2 an payable 1942, 24, Jan. cents holders to share a 000 and be '.not 1149. p. The $1,320,000 stock McLellan Stores Co.—Earnings— 12 Mos. End. Oct. 31— Sales 1940 1941 I 1939 ^v?&1938 the 905,553. 733,136; ' $0.99 1,081,557 — 733,183 . . $1.23 1 959,742 733,195. . $1.06 * tive In depreciation, Federal income1 taxes 1941», etc.—V. 154, p. 1055. : - , _ interim An dividend of five cents share per has declared been like amount made was 798. .p. • on ■; . 1, last.—V. Aug. • Subsidiary Dividends , 1941 stocks Interest __ income Total disposal of fixed on Loss write-off of on Loss — of compromise on Provision Federal for diesel engine claim. Income Net income _ computed 26,207 — ————7 at Lake $735,359 $792,122 213,331 8,741 470,088 356,670 22,624 29,930 Years End. Sept. 30— Co, —Earnings—* W 1941 Sales i General oper. Operating profit Int. on notes, deposits V and invest, receivable Dividends $1,215,297 . 281,616 receivable 315,398 Profit 6n sales of socur. 1939 1938 $6,480,704 307,701 302,556 _ income 232,297 5,500 1,860 16,718 63 63 229 * Losses Cost sustained marks of Other Res, I6r Fed. products defense 153,974 17,430 20,082 ;> 9,618 28,734 44,795 47,943 $1,199,340 $1,161,156 $501,579 in the 1941 the Revenue Net profit -1, paid during Divs. v j 400.000 •$669,772 281,047 276,715 and 1940 Surplus— Shs. Stkv cap. *Loss. • (no par) per share * Deficit. Earnings ' — " ♦$633,000 Excess 292,279 589,218 241,098 t$199,647 235,687 $0.17 1941 Net and securities Ji—1:__" $539,570 $519,820 2,238,952 Inc.—Earnings— 1,682,511 4.527,043 Inventory Cash 7,249,2.11." ■ - • Advances miscel. accounts— i ———————£ employees and to 10,746 foreign banks (restricted) in Deferred charges 1940 —— — — $4,842,447 $2,566,151 $1,603,040 4,221,050 2,144,138 1,385,207 299,091 154,603 81,801 See * See * 2.2,163 $322,306 $267,410 $113,869 6,779 4,940 3,017 $329,085 $272,350 $116,886 7,019 2,755 4,533 Liabilities— . •Capital ..... stock STreasury stock —--—-—— —— credit balances .Customers' 246,232 176,258 $22,142,176 . Accrued 17,347 —91,635 42,274 contingencies surplus Earner 180.420 tion reserve in 316 2,062 48,800 21,250 Operating Net revenues — Depreciation rC———1 taxes Excess & 13,430 506.009 10,066,603 9,268.170 Net 1,941,532 5.536 785 5 014,105 1,383.712 677 200 3.088 170 .1 657,737 7.022 848 ; 12,965 198 938 29,131 .1,926,082 .1,374,983 $5,414,207 104,827 (net)— Gross Int. income ' Prop, Net Other $240,624 39,375 $220,478 146,500 134,500 $1.50 1,929,900 5,710,203. $0.38 $0.55 . convertible $1), (par A 282,953 expense, General Other 337,446 - 937,013 inc. ♦Dividends ? 86.414 28,748 208,966 33.830 45,561 107,467 135.131 deductions.- 21,117 22,084 75,449 77.444 1,340,823 1,352,399 213,115 216,310 330,959 299,608 declared *Div$. not declared —, —_ Minority interest 3 ' 4,070.022 ' . 640.732 490,408? - ■' taxes — revenues — stock Fed. $3,914,864 $3,380,541 145,115 2,022,914 1,722,017 41,441 45,895 563,923 income—_i—— Earns per ' stock 1— sh. of this $1,333,649 $1,302;400 $2,801,093 $2,905,586 $0.40 $0.39 $0.85 $0.88 com. • 10,255 175.376 115,430 25,000 360,000 296,667 $66,776 $64,907 $792,652 $866,371 32,704 41,921 487,517 $34,071 $22,987 $305,135 $341,398 20,693 21,088 ^52,666 253,062 $13,378 $1,898 $52,469 $88,336 ; 45,522,689 $20,755,609 11,226,186 8,256,215 $1,422,889 $12,115,815 $12,499,394 878,510 1,022,831 7,942,765 8,469,645 issue last, 27, as against cents 25 share was Dec. 27, on 1938, and 45 cents per share on Dec. also 12.—V. A distribution of 30 cents per 12. Dec. on 24, declared the stock, 154, regular par quarterly 24, 1937, dividend IVi r/n of $100, payable Dec. 30 to holders of 695. p. revenues Subs.)—Earnings- 1941—3 Mos.—1940 $4,181,844 — 232,827 " $10 ,000,359 3 ,425,571 1,486,497 1 242,411 ,281,817 547,776 538,490 434,351 1,560,791 201,849 311,471 6,962 profits income debt of in 37,685 134,303 $3,169,568 $3,086,126 435,165 427,760 1,342,134 332,289 42,985 78,371 212,157 226,752 * stock 15,004 (net) — 35,009 Crl,288 ~4~246 Cr7,337 2,838 7,163 23,094 14,013 391,443 348,881 1,180,404 ,046,459 deductions- inc. ~12~513 pref. stocks of on subsidiaries => 36,639 $1,069,586 expense interest Gen'l 23,097 $2,951,824 disc. expense Amort, of pref. refin. 892,905 $3,131,883 13,780 debt long-term on 6,937 $1,032,947 $1,022,481 — & Divs. $1,008,700* _ income Amort, 22,264 307,832 taxes- income- oper. 527,863 414,248 in131,788 exc. 1940 $12,270,498 1,126.610 4,245,756 176,459 V. £ 618,932 496,120 — 1941—9 Mos, $3,393,402 1,459,126 -v taxes—— Int. ' 524,973 . —— stk. com. int. 2,714 income net income 446,677 391,415 5,045,832 36,269 14,335 229,405 been Crll,971 6,285 25,456 6,285 819.067 months 4,560.664 4,557 5,982 8,286 $133,620 $ 198,607 £•• $378,124 $445,814 and profits the , effect of v 927.461 796,667 776,667 operat. revenues- $151,884 $90,067 $1,342,180 $1,338,296 69 48 1,334 5,920 income 1941, income—— $151,953 $90,115 $1,343,514 $1,344,216 mortgage bonds & deductions 66,667 66,667 800,000 802.950 8,973 8,783 117,478 131,765 int. income $76,313 $14,665 $426,036 $409,501 to pref. stock for the period- 403,608 403,608 $22,428 $5,893 ——— *— accumulated and unpaid to Oct. 31. 1941, amounted Pine Co, Line (Del.) — Board New C. members added by the This previously as published, current periods by $210,506. The 1940 for comparative purposes to give of the rates Second Revenue Act 1940. of v: includes statement In the Power Co, > 1941 Earnings of Sup. Dist. Co. com. stk.— Pub. Northw'n Co. stk. com. on to admin. & & other excess 52,150 78,225 100 taxes Excess profits $198,704 4,157 3,204 9,421 6,845 1,829 1,097 4,355 3,301 4,708 1,588 8.302 3,333 $28,723 $176,626 $89,980 $103,459 inc. —_ $81,594 income.-— to pay. ' ;. _— note pay. to on $34,611 tax notes on 100 $92,288 exp.__ than Income Int. 87 profits subsidiaries were $103,272 -I'333 —— Gen'l Int. $120,147 87 Serv. Total of $34,424 89 of ———* Taxes, Mos.—1940 1941—9 $40,049 stock Preferred Only stks. on Lake Pwr. of Company 1941—3 Mos.—1940 Period End. Sept. 30— Gross stockholders in operations of Lake Superior Disperiods because of the acquisition early in that year of additional shares of common stock of that company by North West Utilties Co. trict Changed— common excess rates prescribed in the Revenue Act of 1941 1941. This reduced net income for the first 6 at 1, increased tax to Note 2. 65,000 Jan. to period earnings have been adjusted 123,279 95,179 income computed retroactive $7,624,258 • Federal 1. Note have 1941—12 Mos.—1940 $8,367,001 66,667 965 bk. v ' 3,193 630 — —: Tringham & Securities Essex directors of liquidating dividend record Dec. 10. distribution Net this of ' Corp., Newark, corporation, in liquidation, have $5 a share, payable Dec. 15 to ' holders T represents in income and $28,723?; $173,433 • • $89,349 excess Northern Illinois Finance Corp.—Special Dividend— a of $80,629 — profits taxes in the 1941 and periods have been computed at rates prescribed in the Revenue of 1941 and 1940, respectively.—V. 154, p. 1056, t Acts N. L— declared income Note—Federal Dividend— the opinion of the directors the hna.ior part of the realizable value of the assets. The time When liquidation of the remaining assets and distribution of the proceeds to stockholders can be completed cannot now be indicated. The - share Dec. was >. directors the on made 153, V ■ Dec. on were p. • on Dec. common 2 declared stock, t 22, made 1939. on special dividend of a payable The last extra distribution, 12. share per V. ••' .?• i 48,331,086 $2,301,399 $23,342,001 profits tax Chgs. in lieu of income Gross 380,056 14,170 31,000 112,605 Newark This 4,693,541 $1,221,406 - class A preferred Other excess taxes To Pay Liquidating r $66,457,293 on Dec. 5 declared a dividend of 4%, equal to 20 share, on the class B common stock, par $5, payable Dec. 30 Income of New York and Winslow B. Van Devanter, Washington. The company's fiscal year also was changed from Oct. 1-Sept. 30 to .the calendar year.—V. 154, p. 659. ■ 485,948 $66,278,298 Excess The stockholders on Dec. 2 increased the company's board of direc¬ from seven to nine members, and re-elected six of the present The 178,995 $6,994,940 $71,673,087 Maintenance 1941—12 Mos.—1940 $291,173 194,972 Directors Increased—Fiscal Year 652,820 141,101 814,489 Depreciation (par $662,281 - Missouri-Kansas 70,400 $71,814,188 21,278 1267. Dec. Net 1941—Month—1940 taxes William $7,016,218 15,223 1,145,075 .Taxes, other than & excess profits capital $348,358 $802,131 expenses —_ taxes (directors. Co.—Earnings 1941—10 Mos.—1940 $7,430,501 $7,415,276 — Operation $353,157. after giving effect to a dividend of $1.50 a share on $6 pre¬ 1, 1941. Dividends on this are cumulative.—V. 154, p. 960. ^ 7 Telegraph & 1941—Month—1940 North West Utilities Co. (& ferred stock; declared for payment on Nov. . .'••Net 0.13 Telephone Period End. Sept. 30— stock 4,097.fi! 2 ; Fund—; income—- Operating 1940 vv- 0.03 —_ 960. ♦Dividends 997,481 (net). interest 0.15 stock series common 5,048,795 directors record of pref. stock refill, expense— • 0.11 ;___ ; ' 0.11 Trust Other ' & Amort. series— series— $0.35 preferred $535,000; 1941—Month—1940 — Balance 5,905,710 ' bond stock series $2,366,481 p. on the on 12,500 depletion amounted to $150,786 in cumulative stock common ♦Dividends applic, $5,534,455 $15,039,353 $15,328,134 ; $0.10 directors The $89,127 r. retir. res. approp. on Net Amort, of debt discount •; 154, made receivables $142,137; ; —— p. for Gross . 1,876,172 957,533 $3,207,415 Research Con¬ -Estimated Dis- revenues— Income—Divs, $5,427,148 $14,720,381 $14,982,663 107,307 318,972 r 345,471 $5,519,034 debt long-term on 957,534 $2,627,563 -: series taxes cents per tors ' to pref, stock for the period- to holders of record Dec. income income_„_ income $4,164,948 Niagara Share Corp. of Md.—20-Cent Class B Div.— 1940. pref. stock—__ profits Other 6 532,635 497,227 J $3,585,097 income Divs. 2 ,234,996 y."i, 699,255 2,426,072 $117,529 expenses—- oper. The Crl92 _ —. in for Fed.; inc. Prov. ;; Int. 64,934 oper. Other Net (& Subs.)- -Earnings— profits taxes. — 584,170 profits tax-i— cxc. r ! ' — —* in lieu of Chgs. 80,000 ; deductions— & 154, Prov. 1941 —9 Mos. —1940 1941—3 Mos —1940 $19,502,377 $17. 181,182 $54,427. 355 $49. 435.799 17 375,456 19,194, 543 0,727,830 5, 891,743 2 .469,088 740,647 2,739 608 ,960,221 Period End. Sept. 30— Income — deprec. Operating Operating ' Taxes Net 106 (estimated) income on Other Operation Maintenance 2,601 ____$253,948 revenues— oper. Operating Mississippi Power & Light Co.—Earnings- 1941 Middle West Corp. Operating expense Period End. Oct. 31— by 20.313 shares.—V. 154, p. 247. • .12,015 Securities Series: Operating Net and $1,941,652 in 1940. tAfter deprecia¬ of $7,025,874 in 1941 and $6,826,931 in 1940. ^Represented $2,034,357 of reserve 909 England Minority -V. Total — i- $23,740,052 $22,142,176 ♦Represented by 256,000 shares of no par value. tAfter depreciation ; & — $52,115 income Net Divs. 78,257 530,752 — 485,596 Dr4.260 constr Operating revenues—* 'Uncollectible oper. rev. Other 202,476 —'———227.855 —— — for Interest 'r 402.226 —170.859 expenses — for to for Fed. inc. Gross $12,800,000 $12,800,000 Dr785,787 Dr785.787 . Accrued taxes Reserve dividends dividends Balance —55,489 Reserve for Federal . 529,495 475,112 Mutual New . balance —iJ—J„ Income and defense taxesi^ ' credit Agents' ——; payable Accounts income on revenue Prov. 44,941 $23,740,052 v 1,892,125 529,495 Period Ended Oct. 31— 1,442 expense- discount $875,000; Prov. 6,814,897 :■■}*■ 8,404 , 19.078 . 1,880,309 1939 deductions Period End. Oct. 31— ( • Total 156,501 152, p. 3974. —V. Operating expenses Prov. for gen. taxes— 21,804 5,206.754 _——— 2,625 $7,069,563 , First —V. ££■,■.£ 1941 — note and Gross 654,205 2.173.305 (net) Df6,403 $6,457,998 40,062 Low-priced ' 2,522,779 522,534] Cash receivable 1,54b $357,977 following are the estimated distributions per share covering the 31, 1941, and will be payable on Jan. 15, 1942, to of record Dec. 31, 1941: $2,439,888 & 2,930,564 accounts 2,376 $496,431 44,125 Preferred Mississippi Power Co.—Earnings— 1940 3,088,730 and 1,751,349 $7,066,938 157,170 Income surplus, $9,645; earned surplus, $256,273; total, $2,415,314.—V. 154, p. 1266 Nil Foreign and domestic companies**——_ .Notes 1,908,048 $6,464,401 44,125 Low-priced $2.23 profit-— $25), 241,098 ;2.146,246 2,512,348 25,298 — 151,378 $356,431 154, p. 860. * machinery and equipment 1 Plant, 170,03? 37,597 to income The provis.on —_____ liabilities;, $152,500; t$275,470 1941 .1 Marketable 2,112,753 quarter ending Dec. (net), $238,071; inventories, sundry deposits, $2,090; invest¬ ments, $17,939; Property, plant and equipment (net), $1,316,458; pre¬ paid expenses and deferred charges, $140,417; total, $2,415,314. Liabilities—Notes payable to bank (instalments due within one year), $100,000; accounts payable, $291,657; accrued liabilities, $192,738; land contract payable (instalment due within one year), $2,500; long-term - Equipment and construction work in process— 2,113,150 $494,055 — holders $554,276; advances on crude oil, $3,925; 241,098 — 179,913 1,058,047 tributions— 1940, — Earnings per share on com. stock •Provision for depreciation and •$34;372 t$225,027 241,098 Nil Assets— Land 98,647 179,974 deductions charged 1941 provision for prior year Common *$34,372 ♦$225,027 •fBuildlngs & 1939, and on Dec. 306,349 •$225,027 Balance Sheet Sept. 30 ^ ; of Federal taxes ■,■ ______: $798,433 235,687 ' $5.89 1,260,451 National Securities & periods have been of Acts — income Amort. the year:; • debentures int. Subs.)—Earnings— depreciation Miscellaneous 168,031 $41,451 $1,387,650 mortgage bonds of National including paid Amortiz. of organization 1941, •. on 1266. p. sold Assets—Cash; taxes Iht. Int. -V. $1,383,155 •215,751 profit income Gross & income 1,529,347 98,647 226 $1,477,316 Interest 74,409 - income Dividends applic. 7,877 V 5,707 in ji_ Provision-for in —— (net)—„ Net 40,608 Selling and general admin, expenses realization of German : income 162,969 $576,627 taxes share Net" 'sales 410,246 •$308,358 $41,451 •' Other (Cr.) 4,223 Mid-West Refineries, Preferred $1,862,060 appropriations revenues- Int. 95,881 Years Ended June 30— 49,748 profit 200,257 deplet. & operat. Other of $4,398,561 for income and excess profits taxes and appropr.ation of $300,000 to the reserve for contingencies-inventories. tOn 1,000,000 shares of common stock.— V. 154, p. 1380. * Total 91,571 203(375 excess Net Gross $387,669 prescribed "►After all charges, 6,703,458 331,754 66,762 1941—12 Mos.—1940 ' ■ $6,554,846 5,762,790 '•■«-6,892,864 7,556,342 expenses* Depreciation >1940 $5,764,134 $9,074,196 retire. 33,361 57,097 ———— Operating .' Prop, reserve , Mergenthaler Linotype takes iy41—9 Mos.—1940 Earnings for 9 Mouth Ended Sept. 30, profit tEarn.ngs per advances from Lockheed Aircraft Corp., $1,664,963; notes payable (not current), $55,973; capital stock ($1 par), $925,000; paidin surplus, $416,764; capital surplus, $9,048; deficit, ,$320,235; total, $3,483,109.—V. 153, p. 842. : Other Superior Dis¬ 70,414 —$277,948 rates • ►Net ••$19,771; ; of 7,750 Merck & Co., Iuc. (& 543 $183,606 -— Balance Sheet June 30, 1941 Assets—Cash, $17,143; accounts receivable (net), $83,827; inventories, $1,454,481; advances to vendors, $6,135; account receivable—Lockheed Aircraft Corp., $623,180; land, $25,561;.plant, equipment and fixtures "(net), $595,544; lixed assets—emergency facilities, $325,256; intangible 'assets; $332,957; deferred charges, $19,024; total, $3,483,109. Liabilities—Notes payable (bank), $200,000;^ notes payable (other), $1,375; ndtes payable (portion of long term debt due within one year), $30,740; accounts payable, $260,573; customers' deposits, $158,230; wages payable, $29,229; taxes payable, $31,677; accrued liabilities, - Second the inc. taxes Fed. for •»' $1,427,941 $19,127,403 $17,305,959 441,315 5,852,006 5,218,225 665,166 profits taxes 1,375 ____ ———— income Net of rates Prov. for Fed. Frov. compara¬ $1,804,198 expenses Bond ?'<■ -v lor $287,784 6,194 respectively.—V. 154, 88.163 inven. & tooling- tax_. Operating (& Subs.)—Earnings- 1941—Month—1940 revenues (Company Only) 58,312 exps.— Note—Federal 6,189 development engine Covic adjusted tax operations Income : taxes 10,901 : — assets— of abandonment on Loss _±. the 1941. This reduced net previously published, by 1941—3 Mos—1940 _ —— Income $316,984 —* paid Loss of — income admin, & Taxes 9,317 ———————— Interest Increased to Includes ——v ; • Total Gen'l •> 1, as been have in prescribed rates Period End. Oct. 31- Operating 1941—10 Mos.—1940 • Balance 216,054 $307,667 income Jan. 1941, $523,721 , _ expenses-..'—-; to of — Miscelaneous Other effect give Dividends 1,663,626 Gross profit on sales Selling, general and administrative months at ; Other- sold——' •/ retroactive 6 companies consolidatedpref. Stock $247,186 Common $2,187,347 of computed Interest—Bonds sales "Cost been have statement Notes .Net income Period End. Sept. 30— Menasco Manufacturing Co.—Earnings— Ended June 30, certain 1192. 1941—Month—1940 $63,344,711 $54,613,283 $547,155,860 $441,664,031 _____ 154. p. Montana Power Co. primarily due to preierred subsidiary companies. and excess profits taxes in Corp., West of Federal Statement An 154, ; Earnings for the Year Middle for 1941 on ;the capital stock, payable Dec, 22 to holders of record Nov. 29, distribution of as _____ —V. trict Power Co, in the 1941 periods omy, because oi the acquisition early this year of additional shares of common stock of that company by North West Utilties Co. Malartic Gold Fields, Ltd.—Dividend No. 2— initial Sales periods and $1,265,- by first 3. This Note months' Montgomery Ward & Co., Inc —Nov. Sales HigherPeriod End. Nov. 30— approximately Act of 1940. Revenue (and excess -profits taxes respective 3 The 1940 period earnings purposes, to " •After of the for includes income the arrearages periods Act income $637,326. $0.85 r. current preferred stocks of subsidiary on of respective 9 months' periods, which could dividends on preferred and common stocks of Provisions 2. Revenue 800,609 ;" .733,187. owned dividend Note $26,631,342 $23,588,589 $22,892,252 $21,856,455 •Net profit Shares, common stock..' Earnings per shares... statement in distributed subsidiaries ; above $680,000 and $685,000 in the record of 1. 1415 Dec. 20 Regular quarterly this issue to 20 holders cents per of record amounting to 30 cents per share, to and dividends of 25 cents including Nov. 1, 1941.— 1137. ■' + • .... , ('•; n t tit -v >*• Operating revenues Operating (excl. excess profits) Property retire, $1,603,983 $21,706,378 $20,417,471 715,877 9,566,786 9,084,187 V; 127,600 1,291,845 734,604 $1,855,554 ___«'• 840,776 expenses Prov. for Fed. inc. taxes Other taxes 1941—12 Mos.—1940 1941—Month—1940 185,300 ' ' > _ ' Operating expenses Prov. for Fed. inc. taxes Prov. for Federal excess profits taxes 249,687 3,234,344 3,060,154 Other 197,371 2,590,915 2,468,948 Amortization of limited- taxes retir. res. approp. $5,022,488 {, 2,586 $5,069,578 2,702 $5,025,074 2,090,428 $5,072,280 2,198,881 Gross 294,881 256,452 Interest on Interest on $2,639,765 $2,616,947 $276,424 252 $313,448 $276,676 170,848 21,438 $313,584 20,765 $84,390 $113,915 to pref. stock for the period. 544,586 544,586 Net operat. revenues. Other income (net) 136 Net income Gross Int. int. Other . ] bonds deduct—,. mortgage on & Net income Dividends applic. 178,904 211,027 237,500 -3,006,873 2,850,000 2,417,204 2,833,333 1,300 1,197 15,355 14,066 Prov. income mtge. bonds debentures, and deducts. int. Other $1,144,911 $13,343,262 $14,575,489 7,702 34,037 96,241 $920,926 277,083 106,875 94,922 $1,152,613 $13,377,299 $14,671,730 277,083 3,325,000 3,325,000 106,875 1,282,500 1,282,500 94,239 1,219,599 1,269,841 (net)— income Interest charged to con¬ 1 Balance 154, ' Net V , (& Subs.)—Earns Co. (Minn.) 1941 1949, $41,896,959 $39,278,311 14,493,980 14,001,780 1,575,393 1,569,963 4,160,521 3,909,631 5,143,962 4,827,427 Years Ended Sept. 30— Operating revenues — Operation Maintenance ■_ Depreciation _ Taxes — i operating other Total income taxes.- income.... $11,926,203 $12,239,039 141,451 107,914 ii . $12,067,653 $12,346,953 funded on '5 Amortization Interest assets sundry fixed of of expense subsidiary — —— —_— Amortization stock of 80,300 604,893 64,804 41,843 of debt discount and expense—... interest to pref. stocks for ——. 694,099 37,206 41,843 Balance —V. company 30,000 Cr98,091 22,500 Cr72,748 118,679 109,778 • — deductions — ' Co. Improvement 27,135 27,135 29,070 29,070 — Interest Fed. & State taxes; Depreciation, &c. on assets disposed of or destroyed 9,203,021 7,607,384 6,897,891 6,568,717 $1,118,247 $1,068,722 142,580 186,520 154,264 $862,304 149,475 133,141 163,696 income Dividends 5,840,000 — ... 1,375,000 $537,324 $383,159 484,008 363,006 363,006 302,505 ♦Dividends paid of ♦Exclusive ;Net profit after all charges., ♦Earnings per share—_. Income for taxes available. Time _ deposit at cost $44,309 No liability exists for Federal months No comparable earnings figures are ended Oct. 31, 1941, deliveries totaled Sells Bonds Privately — —- — —_— _ Total $11,056,080 $10,476,782 - Liabilities— stock stock 250,129 375,506 201,456 212,851 of inter-co. stk. ownership- 1,314,167 214,400 $11,056,080 $10,476,782 - - {Represented by 119,245 no 153, p. 1139. shares.—V. par Ltd.—2-Cent Dividend— Premier Gold Mining Co., directors the stock, 5 declared a dividend of two cents per share payable Jan. 15 to holders of record Dec. 15. paid on/Oct. 15, last, as compared with three cents A like amount was in Dec. on common preceding quarters.—V. 154, p. 155. Other $1,542,555 $4,857,512 $4,423,284 716,684 2,163,341 2,038,766 48.514 38.343 144,631 128,602 Oper. Deprec. and amort.— (other than Fed. inc. and excess profits 178,855 170,282 534,078 510,268 Express $1,681,647 & Taxes taxes) Int. 125,459 104,643 340,027 312,689 $551,972 $512,603 $1,675,435 $1,432,953 10,259 11,667 27,230 26.988 ...... and misc.—— 75,977 $524,270 59,420 $1,702,665 193,415 $1,459,946 debt ... 64 2,016 459 4,195 54,178 2,669 59,516 8,007 $562,231 Interest Other funded on interest 180,770 of premium Balance— Crl,123 deductions transp. 9,347,677 1751,644 633,251 91,256 86,335 revenue- 143,718,530 128,165,553 t90,428,195 80.051,326 16,114,756 5,445,763 of effect 764,145 809,258 6,341 8,246 174,588 82,843 5,446,801 5,701,974 46,191,733 41,821,476 and other carriers—express privileges. in wages of employes of 7Vic to rail ♦Payments estimated increase (Includes per hour, subject to acceptance, as recommended by the President's Emergency Board, Nov. 5, 1941, to become effective Sept. 1, 1941, {Includes 6% payroll tax on the estimated increase in wages.—V. 154, p. 1194. $433,135 $460,164 $1,450,397 $1,266,973 146,500 114,700 472,000 *329,900 ____________ $286,635 $345,464 $978,397 $937,073 44,460 53,296 133,380 159,889 $242,175 $292,167 $845,017 $777,184 $0.52 $0.63 $1.81 $1.66 $0.12 $0.19 $0.52 $0.43 of stock pfd. on Net Net profit to surplus Earns, per sh. of first i:ipreferredt stock ■.■ ; dividends and on funded debt — — 1__— _ 1940 $175,091 186,165 $374,494 $361,256 60,553 61,939 113,157 146,667 $200,784 $152,650 375,242 Dr729 Crl,250 $348,360 — - dividends dividends 7 $527,163 95,112 95,112 ___ 81,570 —_____ the reflect Earned higher tax rates imposed bv the Revenue Act of 1940 and surplus—Oct. has extended corporation to Dec. 11, 1941, the exchange offer outstanding 3*A% 1956. The 3lA% con¬ previously limited to expire on Dec. 4 to exchange debentures convertible for vertible debentures not accrued interest Dec. on 4% debentures exchanged so 12, due will , be redeemed at par other Earnings for 12 Months Ended Oct. 31, 1941 ♦Net profit tEarnings ♦After income —— . depletion, and of taxes $722,694 ■■■■y. $1.75 —— share— per deprec'ation, reserve interest, $216,300 for notes - /_ Cash receivable Accounts interest Accrued receivable Unamortized bond discount and 81,523 expense provision of $468,800 for excess profits taxes. tOn 54,786 ; 86,347 $8,877,768 Collateral $4,000,000 $4,000,000 81,400 54,167 6,268 2,113,600 736 10,833 4,525 31,704 2,113,600 payable Coupon interest Tax —1,631,400 2,146,447 /..v-r ;; bonds. trust Acounts — — accrued liability payable pref. stock, Dividends 6% cum. ♦Common stock series "A" $100 par tCapital surplus 321,860 shares of common stock.—V. 154, p. 1269. Special Earned ■ surplus ; surplus 515,047 '": 441,539 423,595 171,678 146,327 directors payable Dec. of 25 cmts since.—V. on Dec. 3 declared a dividend 23 to holders of record Dec. per 154, share p. was made 755. on this 13. issue on An on the common stock, initial distribution Dec. 30, last; 4,673,883 5,136,046 3,482,602 $995,926 64,465 $601,908 128,769 t$266,091 126,002 4,084 150,120 16,825 165,500 40,227 28,518 43,179 174,794 119,500 personal prop¬ taxes, etc.-— 172,835 119,655 income Cr3,259 ______ — Interest none __— rest.) profits taxes Total — $9,015,100 $8,877,768 163,140 shares of par $10 at Oct. 31, 1941 and 163.140 no par shares at Dec. 31. 1940. Including 28.160 non-voting shares at each date. tEffective April 1, 1941, the common capital was ♦Represented by -i. Real est., erty Other Net (net)— profit paid Surplus *Shs. outstdg. stk. cap, 138,489 , „— t$435,273 $803,885 72,500 $509,981 $265,905 $731,385 290,000 $2.77 .{Deficit. $509,981 290,000 $1.76 $265,905 l$435,273 290,000 290,000 $0.92# Nil per share—„ "Shares of $1 par. (Loss. Earnings Balance Sheet, Sept. 30 —— Treasury notes, tax series B, 1943Cash surrender value of life insurance policy— U. 80,000 S. 5,742 11,500 7,')83 1,612,619 1 71,189 $3,311,951 $2,993,683 $290,000 $290,000 —— Sundry note receivable, etc.— Mortgage note receivable Due from officers—— ——— machinery and buildings, equipment Patents, goodwill and developments Deferred 5,742 10,714 11,588 1,495,823 1 42,388 plant managers, etc. salesmen & branch Inventories Land, 852,354 14,' 21 545,716 3,242 542,287 18,250 569,665 ,4,401 receivable "Accounts 1940 $178,483 1941 $221,025 Assets— Cash charges Total Liabilities— stock tCommon payable Accounts Accrued interest, wages, salaries, taxes, ins., etc. Taxes charges- mold 229,975 284,414; 186,807 111,343 1,551 —— — for contingencies compensation Federal for Funded debt Capital surplus. surplus ■_ inc. profits excess taxes —____ 965,939 454,981 —$3,311,951 $2,993,688 fRepresented shares 1286. in (Calif.)—Stock Offered—Mention Nov. 29 of the offering of "Chronicle" in made 292,450 $285,900 1941 and $14,566 in 1940. 290.00Q shares, par value $1, after deducting 7,132 treasury. {$60,000 of which was due currently.—V. 153, p. by was 62,321 8,750 965,939 1,087,284 of $13,222 in reserve 166,788 10,000 324,914 claims and — —,— 699 200,000 , ; Total— "After 647 dividends ——_—.——4 payable Prov. 36,242 49,597 payable Reserve 200,000 shares of capital stock (par $1) at $4.40 per share by a syndicate headed by Lester & Co. and Cavanaugh Morgan & Co. Of the 200,000 shares offered, 135,000 represent new shares being sold by the company, and 65,000 shares already issued and outstanding are being sold by Consolidated Aircraft Corp. for which that corporation will receive the proceeds. Trust & Savings Bank, San Diego, Calif. & Savings Bank, San Diego, Calif. 6, 1940, the company manufactures sells aircraft parts, principally to Consolidated Aircraft Corp. Lockheed Aircraft Corp. Aircraft parts manufactured fall into Transfer Registrar, Agent, San Security Diego Trust four principal categories: and bomb rack Aug. on adapters. cowling, power plant assemblies, boom doors The equipment and personnel of the com¬ manufacturing other aircraft parts as well. fee approximately 50 acres of land in the city of Chula Vista, Calif., located between San Diego Bay and the right of way of the Santa Fe Railway. Manufacturing operations are carried on in two main plants. Plant No. 1, approximately 37,500 square feet in floor area, with appurtenant machinery and equip¬ ment. is owned by the company subject to trust deeds and chattel mortgages. Plant No. 2 is adjacent, contains approximately 125,000 Square feet of floor area, and with the machinery and equipment therein, was constructed and installed pursuant to an Emergency pany are capable of Company owns in Plant Facilities plant is also contract subject to with a the trust United deed States and This Government. chattel mortgage, machinery and equipment, company's buildings, and is as of July 31, 1941, being sold to the United States under this contract. was Capitalization as of Nov. 13, 1941 stock' (par $1)—_____ , .. Outstanding 300,000 shs. 1,000,000 shs. of stock by the company previous to the current offering was an issue of 150,000 shares at $1 per share, 111,500 shares of which were sold for cash and 38,500 shares of which were issued for promotional and legal services. The remaining 150,000 shares outstanding were recently issued as a stock dividend. Purpose of Issue—Company intends to use the proceeds of the 135,000 shares generally to increase its working capital postion and particularly to meet present and contemplated current liabilities and to increase its inventories. The sale only Backlog—The increase undelivered written in orders the amount of the company's backlog of by the following scheduler is demonstrated $417,000 3,750,000 9,500,000 Nov. 12, 1941— 18,500,000 Substantially all of the orders represented by the foregoing backlog figures are from the two aircraft companies above mentioned. From its inception through Sept. 30, 1941, the company's total sales / to Pittsburgh Coke & Iron Co.—50-Cent Common Div.— The exps'. 7,139,086 Common $3,423,772 4,289,788 1,023,075 ' $9,015,100 Total Liabilities— ' selling, gen'l taxes : 1938 $3,216,511 $1,387,670 85,210 & Operating profit Depreciation Exc. 1939 $5,737,953 Authorized $699,431 3,143,918 4,528,807 495,010 15,437 50,972 short-term discount notes cos. and Stocks *•; Pennsylvania Glass Sand Corp. (& Subs.)—Earnings— J- Sheet • Oct. 31, '41 Dec. 31, '40 plus 154, p. 1383. 1941.—V. $432,051 $171,678 ___ Balance Assets— Finance Bonds The stiles of Cost Investments: 153, p. 1285. Paramount Pictures, Inc.—Exchange Offer Extended— 31 Comparative months of 1940, this item has been adjusted uoward to the Second Revenue Act of 1940.—V. Sept. 30,'41 Sept. 30,'40 $8,526,756 $5,669,803 — — being sold to the United States Government pursuant to the Emergency plant Facilities contract. Approximately 80% in book value of the :, t ' ♦For the nine - —Calendar Years— 9 Mos. End. Year Ended r Sales and 1941 $157,168 217,326 146,327 —_—— debit- or Balance Common - —— surplus—Jan. credit .—_ __ amortization income Preferred sEarn& per sh. common stock, after prov. for preferred dividends— , and taxes and Interest Other notes— received Expenses Earned company bonds and interest Total _— subsidiary Co.—Earnings— Railway & Light Securities on last $1,521,754 in the same period over Virginia and Maryland, with a majority of stores located in the 154, p. 1006. ' Business—Organized inc. profits (estimated) Balance Divs. 15,777,483 funded on ♦Rail Interest excess taxes . Federal for and 17,427,708 taxes disc, & Dividends Prov. $ 15,571,367 141,626,135 126,230,065 206,116 2,092,395 1,935,488 10 Mos. End. Oct. 31— Crl.,123 25.8% of Reynolds Spring Co.—Earnings— Mos.—1940 $ f 11,131,666 income & revs. Other on debt gain a in the first 11 months this year were at a new record period in Rand's history. Rand's operates a chain of retail drug stores in Pennsylvania, Ohio, and and expense . 1941 —9 debt discount Amort, of Amort, 243,076 debt Operating income Other income—rentals, int. 17,184,632 income— expenses a the Rohr Aircraft Corp. Total in November, Sales year. (& Subs.)- —Earnings— $ transpor— & rev. 776,848 revenues.... —_ for Charges repairs Operating Operation Maintenance $1,915,257, level for Earned 1941—Month—1940 Sept. 30— totaled $175,634 chain, drug retail Rand's, Workmen's The on $2,459,039 12.1% over $156,635 in the like month last year, the company on Dec. 3. November, 1941, sales were the highest for that month in the company's history. 1 In the first 11 months of the current year volumei amounted to Unclaimed $ 1941—9 Mos.—1940 1941—y Mos.—1940 of Notes Period End. 1941 Earnings for 12 Months Ended Oct. 31, 95,032 1,657,938 214,400 . Railway Express Agency, Inc. Period End. Sept. 30— 47,700 State taxes & Surplus by elimin. (& Subs.)—Earnings— Pacific Public Service Co. 2,385,000 47,700 — deposits- package surplus 962. p. 2,385,000 119,232 _ for Federal $2,343,025 reported Accrued sold privately to John Hancock Mutual Life Insurance Co. at par and interest $200,000 additional 1st mtge. bonds 3% series due 1971. Proceeds together with other funds were used to pay for the purchase of Twin Valley and Wheaton Electric facilities of Minne¬ 154, $3,025,050 2,981,125 ;— — interest Earned company has sota Utilities Co.—V. $3,025,050 2,981,125 mtge. Customer Res. — _ bonds payable $89,238 Rand's, Pittsburgh—Sales At Record Highs— Sales Advs. to Total The — 188,871 535,542 2,022 308.776 547.057 — ♦Represented by 121,002 no par shares. Otter Tail Power Co, 100,000 267,678 176,294 672,059 2,119 277,760 642,808 — assets Other 1940.—V. 154, p. 1056. $1,303,310 against $123,855 in like period of 100,000 467,678 __ — interest Accrued Accrued $0.15 period. the 1941 31, 1940 $7,778,414 748,421 ;——_— receivable accounts & $334,400 Dividends 1941 $7,810,240 907,124 S. oblig. Notes *462,266 1,953,316 43,453 *203,402 (Incl. Tech Food Products Co.) depreciation less •_ First — of class A stock. three In tClosed plants expense. dividends. inter-company franchises, & Accounts Earnings for the Quarter Ended Oct. shares 1 Assets— {Common 282,305 2,920 29,911 $591,357 ♦Preferred Northrop Aircraft, Inc.—Earnings— ♦On 12,737 8,870 26,426 $842,486 income taxes for the year ended Sept./ for Federal excess profits tax under the 154, p. 1056. Revenue Act.—V. 11,725 323 120,017 income Net bds. pur. own 2,006,967 132,656 gain of Federal Miscellaneous for Federal includes $880,875 1941, 1,375,000 5,860,000 149,928 Investments $5 series preferred, Note—Provision 1941 $7,867,126 capital stock—cash- on Cumulative Common 30, $7,681,570 143,100 201,798 39,683 983 U9.772 on 118,410 199,273 8,375 963. p. -v;* ■. r $7,431,021 Loss Prem. 154, 1938 1939 $7,966,613 $1,567,347 143,100 371,108 150,215 expenses earnings *117,112 200,697 16,591 — "Loss.—V. admin. Net Inventories Net 1940 $8,725,631 $10,770,368 charges loss Net charges depreciation. Pittsburgh area.—V. ...>>(>.■;"*7/T.',: all ___— &c., Oper., Interest (Incl. Tech Food Prod. Co.) 1941 U. ——— $4,972,017 for , deprecia¬ int. and tion $1,869,243 —, before Profit West earnings, sources Cash Cumulative •" 3,846,532 $3,785,766 Account, Years Ended Oct. 31 & Sales Plant preferred stock, 5%, of Northern State Power Co. (Wis.) — Common stock of Chippewa and Flambeau i • capital stock of subsidiary cos.— on $8,818,549 2,846,532 1102. 154, p. Balance Sheet Oct. 31 Dividends - $7,632,298 —— income $7,737,775:' $7,923,331 ' Balance * $677,840 the period Pittsburgh Brewing Co.—Earnings- capital of sales on construction.—...—, charged to Miscellaneous 3,487,450 3,487,450 debt bank loans...—:—— on 2,730,472 4,596,900 — income Amortization : profits excess income Gross Interest Interest Other and income taxes and State Net . Federal for Prov. > — - 24,160 $444,985 income Dividends applic. Northern States Power 82,098 $2,072,361 $2,095,179 961. p. 3,424 2,939 struction—Cr. —V. , 2,002 $918,924 revenues oper. Other ' 254,022 237,500 revenues 1941—10 Mos.—1940 $1,959,012 $19,039,220 $17,508,861 1941—Month—1940 Period End. Oct. 31— Total .1.1 (& Subs.)—Earnings— Postal Telegraph, Inc. _ non-voting shares.—V. 154, i 869. p. 113,765 investments term without par value were charged to shares with each. Includes 28,160 value of $10 par ^ 39,873 —' 251,728 Prop, - a $3,401,720 $43,172,996 $40,430,539 1,750,423 21,246,277 20,015,635 56,662 2,597',464 574,812 $3,649,061 1,958,384 239,058 revenues 301,326 reserve appropriations Operating this amount being credited to capital surplus, by $515,047, and the common shares 1941—12 Mos.—1940 1941—Month—1940 Period End. Oct. 31— Period End. Oct. 31— reduced Pennsylvania Power & Light Co.—Earnings— Service Inc.—Earnings— Public Orleans New Tuesday, December 9, 1941 FINANCIAL CHRONICLE THE COMMERCIAL & 1416 Feb. 28, 1940 1941 July 31, 1941 Aug. 31, Consolidated and to : — Aircraft Corp. Lockheed Aircraft Corp. Underwriting—The principal — amounted to approximately $454,598 to approximately $1,407,807. underwriters are: Lester & Co., Los Angeles, and Cavanaugh, Morgan & Co., Los Angeles. The following firms are expected to become underwriters by exe- Volume 154 THE COMMERCIAL & FINANCIAL CHRONICLE Number 4017 cuting the sub-underwriting agreement: Barret Herrick & Co., Inc., New York; M. H.; Lewis & Co., Los Angeles; Cohu & Torrey, New York; Hill Richards & Co., Los Angeles; Hirsch, Lilienthal & Co., New York; South Carolina Power Period Ended Oct. 31— Gross O'Brian, Mitchell & Co., Buffalo; Eastland, Douglass & Co., !3an Searl-Merrick Co., Los Angeles; Baternan, Eichler & Co., Angeles; Dahlberg, Durand & Co., Tucson, Ariz.; Nelson Douglass •& Co., Los Angeles; Fewel, Marache & Co,| Cos Angeles; Murdoch, Dearth & White, Inc., St. Louis, Mo.; Page, Hubbard & Asche, Los Angeles, Calif.; Stephenson, Leydecker & Co., Oakland, Calif. Francisco; Operating Los Prov. Statement Sales ; ; Cost Of goods sold of Income __.i , Aug. 6,'40 to July 31,'41 $1,493,488 648,333 $423,812 274,434 1 „ Gross profit Expenses , $844,554 269,691 $149,377 „— Federal 82,670 _ Gross income from trading or manufacturing Income from other than operations Int. 2 ,$36 $4,533,421 2,201,259 43,622 542,710 13,452 12,127 195,975 * 103,342 31,250 406,750 375,000 $1,037,098 3,860 37,600 deprec income &c. , income Deductions from gross income.. Fed. inc; taxes; (including defense ? . Federal excess 2,738 — or surtaxes) profits tax ■S California State franchise Net $581,055 2,434 $69,544 122,065 3,532 21,191 Li,, tax—__ income Earned surplus at 9,000 34,200 beginning of period :— 145,383 $20,073 $289,980 228,085 __—— Gross surplus $248,158 dividend Organization $289,980 22,500 ; off— written expenses 39,394 ______ $248,158 Comparative Balance Assets— '/ Cash ' ' ' ■ hand and in banks on Accounts : Sept. 30,'41 July 31,'41 $218,348 $331,384 demand_i.L_i.' on receivable Other accounts charges 1 1,972 354,987 276,720 778,940 30,460 743,463 11,345 $1,678,864 $1,471,350 — Property Deferred 106,464 293,483 „ receivable//—2,644 Inventories ; $228,085 Sheet ^ '' _ $75,342 $1,083,385 53,374 54,829 644,176 673,860 $29,009 $20,513 $439,209 $363,238 Divs. stock___ 14,287 14,286 ____—_____ $14,723 $6,226 pref. on Balance —v. — 154, 171,438 Total , __ Liabilities— Accounts payuble Notes payable : Salaries and / Taxes "Net profit Earings ______ "After share charges taxes.—V. 154, of common and provision revenue Operating for Federal income excess $368,078 156,869 Gross income & _ 347,221 500,000 150,000 $1,471,350 1271. 139,584 1941—Month—1940 1941—10 Mos.—1940 Scudder, Stevens & Clark Fund, Inc.—Dividend—Net Divs. the for fourth will This Dec. on declared 5 quarter, payable dividend a 20 Dec. of 75 cents holders of to record Dec. 5. bring The Fund reported total net assets, at market value, at the close of .> , business Dec. $11,930,994, Dec. , $12,491,020, $81.64, or there 4 Dec. on of 4 1940.—V. T54, 4, share per 160.636 were $77.76 per share, or the on shares same outstanding compared as date in 1940. compared with with 146,151 339. p. An interim dividend of This 19. 2, Jan. on 65 cents per share has been declared on the payable Jan. 2 to holders of record 30, last, and 65 cents Total dividends paid during 1940 amounted to $1.30 pref. stock, par $25, non-cum. Dec. with compares 1941. 75 cents on June Amort, of Cost oi Sell. & 1,850,644 591,801 Res. •••($ 305,500 Loss profits 23,014 ______ 242,879 ______ . 49,975 59,181 633,705 594,906 $88,108 $91,062 $1,298,171 389,568 32,126 $58,936 $801,755 $908,602 stock— 34,358 34,358 412,296 412,296 pf.d stk. exp. 10,848 10,848 130,181 130,181 ______ Lament— . V-!: , Announcement of 3 by made Dec. on ' profit-sharing 17employee a the directors. Each of the more payment was 1,600 em- than participates, regardless of length of service. 'v * The payment to each employee (vill be figured at 17 Va f/c of his six months' earnings prior to Nov. 30. Payment will be made Dec. 15. The company paid the same percentage in June for the six months ended May 31.—V. 154, p. 1007. ployees —V. $11,084 — $13,730 $366,125 $259,279 154, p. 964. Sherwin-Williams , Co. of Canada, Ltd. (& Subs.)— Spencer Kellogg & Sons, Inc.—Earnings— Years Ended— sales and Interest 31— profit elevator and Total revenue dividends from Dividends $1,074,135 subs, sales elevator Other cost of steamship and 31,600,716 34,555,633 Provision for depreciation 50,600 $1,125,071 $965,292 83,282 80,198 440,591 23,553 4,014 322,750 23,423 ——: Provision for income and profits taxes., Allowances Loss paid retired to - employees—.* & sundry invest, sale of capital assets on for Provision $7,823,251 $5,851,689 4,468,844 3,656,602 506,105 497,688 38,380 49,238 51,500 53,000 expenses depreciation • . 51,724 60,285 677,671 309,785 _— for Federal income excess tax profits tax charges $573,631 4,477,985 Drl,898 —_ surplus at beginning of period year's adjustments —-fc Prior dividends Preferred future for Prov. Earned deprec. surplus, in inventory —:— balance at Aug. 31—_____ $538,921 4,305,053 Dr2,689 484,400 363,300 50,000 ____— values— $4,515,318 $4,477,985 "After deducting all manufacturing, selling and general expenses Including remuneration amounting in the aggregate to $94,594 in 1941 $86,193 in 1940, paid as fees of solicitors and counsel and sal¬ aries of executive officers and directors' fees, and after providing and n debts. bad for ■ ■ M $1,804,202 foreign subsidiaries. income Consolidated Balance Sheet Aug. 31 Assets— (net) Net profit Dividends paid or declared Prov. in & adv. Invest, — ——_ to partly owned subsidiaries- Inventories " '■ Trade accts. Other accounts Amounts due bills rec., less reserve receivable & from ' Cash ■ Insurance, — —— 854,774 3,640,057 847,384 3,108,623 2,068,136 1,622,791 93,783 76,848 21,835 taxes and other prepaid expenses . 27,208 214,965 '/ 302,340 60,373 61,258 "Earnings "On 44,948 22,872 125,242 $1,395,280 814,741 $1,047,125 $580,539 $3.66 $2.74 share per shares of 509,213 capital stock Balance Assets— Other of no par value. Sheet cum. property Inventories 1,183,218 14,507 259 — Cash Accounts receivable Deferred charges to partly Mortgage Deposit Res. Res. LI owned subs, co __ accts. Trade Prov. $100) stock Ordinary Due (par payable & accrued liabilities payable, with interest accrued accounts Dominion, for for for Earned allowances future Provin. to deprec. & other In 1940. taxes retired employees in inventory values____ surplus Fed. _—x— for inc. "$130,828 ! 67,188 59,269 32.165 $467,230 $375,270 $278,403 "$98,663 31,855 70,276 54,974 49,764 42,000 fCapital stock Accrued ~ 36,227 income 1,508,721 2,743,960 8,812,496 1,492,145 2,160,170 246,498 234,846 2,948,353 tax Dividend payable Deferred income tax. 145,000 52,100 49,000 $248,375 $216,667 $174,429 Balance . Earned 5,300,000 800,000 42,135 $902*496 309,785 36,297 203,685 66,441 443,107 6,708,936 58,184 675,428 . surplus ______ "$162,515 .V Sheet Assets— Due receivable from (net) factor deps, with notes Deferred mutual ins, $26,770 491,069 431,525 ______ 10,865 842,167 cos 10,178 9,700 9,000 10,000 50,722 36,317 receivable assets Sep. 28, '40 $23,753 1,000,374 charges Capital I// Sep. 27, '41 Cash 1,346,539 1,305,080 $2,931,635 $2,672,425 $591,134 $337,673 „—u 301,640 360,000 360,000 Liabilities— Accts. pay., Loans payable Res. accr'd items & res. for taxes stock Common stock for 850,000 :-0: 850,000 inventory fluctuations for contingencies— Reserve Surplus 50,000 8,000 — Total 151, 1,080,501 815,112 $2,931,635 $2,672,425 3578. p. Sun Oil Co. (& Subs.)—Earnings— Consolidated Sept. 30— 1941 Gross operating income; (excl. inter-co sales) and oper. 7,768,660 Cd*-L-*r. / Sun Oil 1941 1940 $ $ v 1940 $ $ 126,620,371 111,195,853 101,620,959 86,114,478 gen'l 97,284,804 89,760,184 78,301,343 70,122,533 fTaxes 7.243,539 4,326,395 4,549,984 2 325,479 Intang. develop, costs-: Depl., lease amort. & 3.745,148 3,916,309 3,745,148 3,916,309 882,526 1,051,298 882,526 1,051,298 7,079,099 6,576,708 6,480,686 5,968,890 10,385,255 5,564,959 7,660,972 2.729,969 expenses Deprec., retire. & oth. amortization Operating income Non-oper* income "LiL— Int. 2,716,065 203,685 Reserves r 14,088 ______ —— before disc, & int.— 600,872 464,247 1,164,111 2,565,341 10,986,127 6,029,206 8,825,083 5,295,310 348,266 465,687 348,266 465,687 40,306 43,167 33,037 36,818 10,597,555 5,520,352 8,443,780 4,792,805 378,148 450,000 funded on _ interest $12,230,325 $12,230,325 taxes Federal L_/" . "Loss. v/.V.: Other Accounts payable Notes payable Net income Dividends paid in cash: Preferred stock Common stock Stock 450,000 1,898,529 1,796,653 1,898,529 1,796,653 5,014,653 3,980,036 5,014,653 3,980,036 dividends: Common Inc. ■ 378,148 \ <:':i stock to accr. minority stockholders 681 775 surplus— 3,305,544 t725,112 1.152,450 f 1,433,884 Surplus begin, of year_ Sundry adjust, appl. to prior years—Dr. 15,958,344 15,091,224 11,234,324 10,861,641 17,461 185,211 143,932 - $30,129,265 $23,514,642 Balance "After depreciation by 154, of $8,075,276 shares 509,213 in (no 1941 and in $7,713,275 $Including par). to 1940. profits excess I 1271. p. Spicer Manufacturing Corp. (& Subs.)—Earnings— Year End. period "Earned $8,953,643 $4,452,893 $2,280,543 $3,228,453 204,868 219,464 114,650 237,855 income Year End. incbme Adm., gen. Other $4,672,357 $2,395,193 $3,466,308 1,606,335 1,266,088 612,261 879,656 15,812 17,313 13,485 19,050 "3,210,000 518,000 242,000 292,500 — taxes of defense Amort, $9,158,511 and sell. exp. charges facilities ■ , ' L 196,995 500,000 Net loss on $1,595,000 investment in $216,409 ______ 537,808 472,989 $4.48 tProvislon for possible France. Aug. 333,057 JTreasury 546,473 Accounts 121,008 150,305 373,454 20,000 20,000 50,000 4,477,985 $14,234,733 $13,369,394 ;i. 1940 $6,422,839 2,048,681 2,226,624 2,996,226 1.432,416 ______ 6,480,428 advances 2,693,877 1,297,407 ———__—_______162.877 — _________ 61,261 $21,991,734 $14,123,928 Reserve stock for for and sundry accruals— taxes ilNotes payable Employees' saving Reserve $6,028,750 $6,028,750 Drl,046,582 Drl,046,582 — payable deposits Purch. oblig. Indebt. (not Long 1.545.350 Earned surplus 6,817,167 5,116,701 $21,991,734 $14,123,928 deoreciat'on ■(Represented by of 100,000 $6,442,719 no par in shares 1941 of and $6.008.8.66 cumulative in preferred 1940. stock, 822,305 167,507,644 149,400,223 150,232,901 137,484,117 8,816,765 6,170,757 7,098,935 4,974,066 343,474 559,459 74,816 85,817 G'/fi pref. V. stk.) stock in 6,345,505 90,783 602.851 452.530 1.88T828 1.604.757 21,038,056 17,609,216 50,000 21,038,056 69.897 17,609,216 69,897 3,774,112 3,401.804 3,547,152 3,465 —— 3.695.947 2,728 ' 50,000 stock, —_ 10,000,000 cumul., ($100 part 9,319,700 , 9,319,700 89,019.367 84,004,714 89,019,357 84.004,714 19,246,427 14,180,901 12,242,842 9,230,762 stock—Dr.__ 527,358 527,331 527,358 527,331 ——————— 167,507.644 149,400,223 150,232,901 137,484,117 surplus par 85,817 10,000,000 4 V2 (fo stk., Total no 4,323,802, par) A, (Treasury stock 6,626,232 6,149,062 cos.: — interests cumul. ($100 Class 9,431,219 (due affil. "Represented Total 25,191,155 79,310,212 1,145,037 90,783 to "Common 1,545,350 leases on debt Acer, divs* (pref. Res. for conting. Earned surplus 24,220,438 82,566,066 1,005,262' 74,816 current) 25,126 ______ 14,247,674 89,197,021 1,341,832 cur¬ term pref. . (due currently) 658,692 41,349 14,154,619 93,243,398 9,294,149 liabilities rently) Deposits 3.477,970 Capital "After payable liability — Accrued 1,795.891 500,000 — Liabilities- 3,127,730 1,500.000 fund contingencies (net) Accounts Minority stock - assets Total 1,286,910 ' Liabilities—■ tCapital Investments Tax 31 $6,270,993 2,735,122 receivable— charges 4,000,000 21,951,510 300,000 Inventories 446,109 1,009,141 25,154,771 $3.05 ___ 4,000,000 29,599,143 300,000 Cash and 34,484,448 $6.35 "Land, buildings, machinery and equipment.—. ^Defense plant facilities——— Investments Inventories— 300,000 1941 notes 6,455,261 $9.42 Assets— and 6,269 9,223.066 300,000 tax. 906,258 8,252,355 Prepd. & deferred chgs. affiliated company in 2,841,147 14.231,221 Fixed Sheet, 1940 Accts. & notes rec.(net) 150,000 with 7,914,212 9,311 210,000 profits 6,145,277 47,233 $1,555,846 Balance Sun Oil Co. 1941 906,258 105.000 excess year. 11,202 150,000 account of securities— $1,054,457 for number fti fund reserve 210,000 and dividing the 1940 10,040,924 Marketable 719,257 by (5 750,000 Consolidated Accounts determined Consolidated A oenf q $2,116,738 com. on $1.97 Comparative Balance Sheet Sept. 30 210,000 1,125,000 Shs. of com. out. (no par) sh. are 9,230,762 $3.27 flncluding estimated Federal income taxes, current $3,035,466 pref. stk- dividends per share Cash ______ 596,179 profit Common per 12,242,842 $2.26 outstanding on Sept. 30 (with any changes in treasury shares) the amount earned after payment of preferred dividends. tDeficit. Cash Depreciation Divs. paid on earnings ? 14,180,901 shares —_— investment on 19,246,427 $4.11 share per ' 1941 194,720 for contingencies. Prov. for possible loss $3,460,000 613,158 "The of plant ________— Prov. $3,460,000 8,120 8 Mos. End. into Gross surplus—end Aug. 31/40 Aug. 31/39 Aug. 31/39 profit Other Earned Aug. 31/41 Year End. Period— $13,369,394 depreciation of $2,103,619 in 1941 and $2,035,071 (Represented by 200,000 no> par shares*—V. 154, p. 155.- - -• reserve $219,134 fluct'ns 1,198,515 $30,129,265 $23,514,642 $14,234,733 4,515,318 Total "After „ $308,081 — profit Income Total stk. pref. 85,271 $393,730 ,73,500 abandonments Aug. 30,'41 Aug. 31/40 $9,939,609 $9,616,471 . assets Deferred Liabilities— 7',; - $7,322,941 ■ 147,6§3 $1,225,091 34,792 $1,861,866 814,741 surplus _ Total : 1940 $7,281,810 shareholders——™— ix—————_ 168,956 —— for Net Costs, Balance, "Includes 1941 accounts •Property 2,220,930 240,027 dispos. of plant 9 Mos. End. Earns, ' • Oct. 1, '38 $2,175,373 3,121,983 — inven. for on —V. 224,825 Profit Net income of Federal profit Net Earned $3,488,750 3,498,366 ——— income: Preferred profit Selling and administrative Gross Total . $3,975,402 items $42,378,884 $37,452,405 including operations 1,544 50,936 cos Sep. 30, '39 4,641,354 oper Income • Sep. 28, '40 $887,225 —25,923 investments-.; on partly owned retired— 1,628,476 1,924,793 „• — of Cost 1940 1941 operations-™——_____ from sale of investments—; on have paid. Total tax.—V. "Combined Profit also was Sep. 27, 41 $5,275,110 exp—^ from Mortgage Aug. 30,'41 Aug. 31/40 $40,454,091 $35,823,929 — fRepresented Year End. Aug. V cents Inventories Total Earnings— who Mills—Earnings— — debt (W. A.) Sheaffer Pen Co.—17%% Profit-Sharing Pay- when 2'/a admin, Accounts Liabilities— - Diebold, H, per share has been declared, payable in 30 to holders of record Dec. 15. A like amount 30, last, which was the first dividend since goods sold Total 452,555 Total share on the preferred stock.—V. 133, p. 2448. per 1940, June sales Other 31,818 "Plant and Securities Holding Corp., Ltd.—65-Cent Pref. Dividend 6'Zc 21, Suncook $4,641,022 of As and A. cents Dec. Year Ended— Net share per total payments for 1941 to $3 per share, as against estimated earnings from interest and dividends, after all expenses, of $3.11 per share. i March 1,891,200 596,772 deduc pref. on Nether directors on 48,475 Provision for Federal j; Assets— 2Va on Profit $56,291 Interest paid $88,962,972 $73,322,817 $787,016,082 $603,4o2,184 of distributed 38,776 Idle mill expenses — Provision for bad debts 154, p. 1058. The dividend 32,590 income— Provision Period End. Nov. 30— —V. $2.53 profits excess $5,004,502 228,085 $1,678,864 Sales ■/ $2.18 and $1,187,391 385,636 other Net Net Sears, Roebuck & Co.—November Sales— > A 49,331 — for depr. & amor. Prov. Steamship 570,247 150,000 248,158 130,000 and Wilbur Jones have been elected directors sue- E* Weiss 1059. p. Canadian funds _____ income 26,054 6,814 384,086 stock. common 1941—12 Mos,—1940 $399,888 taxes—gen'l. Federal Int. 1941—Month—1940 — expenses for Prov. 47,353 —, Total p. 1940 $576,916 v 250. p. Period End. Oct. 31— 46,987 2,000 58,294 — surplus 154, 1941 $519,234 stock Gross —V. $191,800 Southern Indiana Gas & Electric Co.—Earnings—• 46,000 ____________ Mortgage notes payable stock ——— Capital Earned 171,438 ■ Inc.—Earnings— _ per $119,817 —1._ of reserve for amortization of $194,720. 110. U p. Company's address is 25 King Street, West, Toronto, Ont., Canada. 84,000 payable— wages liabilities payable r $267,771 964. p. $135,090 : shares par § After Sudbury Basin Mines Ltd., Toronto, Canada—2%-Cent Prem. Due to Fred H. Rohr—— Accrued Harvey M. Manns tCrCe^g V, 154, was ' Southern Advance Bag & Paper Co., Balance - 106,685 $82,384 Federal Earned surplus at end of period no Sterling Products (Inc.)—New Directors— 495,480 " deductions-— income Net Gross Cash 300,000 fi$500,000 due currently.—V. 153, 1,896,982 ______ 10 Mos. End. Oct. 31— Gross $3,911,245 and f»=nnSA«f ?referre<1 stock." Dividend— r $574,362 6,193 $66,707 $337,457 175,116 profits excess for Prov. Gross Sept. 30,'41 220,416 Federal Income ' 2 Mos. End. ___ Sv , V- : $404,586 taxes—gen'l._ dividend, , 1941—12 Mos.—1940 i; 46,875 ">'X expenses for $3 Co.—Earnings— 1941—Month—1940 revenue 1417 shares 3941 ______ _______ by in and 2,592,795 no 1940. par shares i-Rpore^ented by in 1941 and by 2,443,738 11.897 shares of common stock in 1940.-— 154, p. 1384.>.:-:/> -1:-/'-.';//•' '■ by 11,896 shares of common & FINANCIAL CHRONICLE TH^ COMMERCIAL Tuesday, December-9, 1941 — i'>.•;a";/••""fi*■ ./.'v. ' Coal, Tennessee Iron Co. RR. & Coke Ovens Starts Production— . . United States subsidiary, on Dec. 5 announced that production has begun on a new battery of coke ovens recently completed at the by-product coke department of Fairfield steel works. v<;>•' ) Construction of the new battery was undertaken as a part of the Tennessee company's expansion program initiated last autumn to meet the increasing demands of national defense. The hew battery has 73 by-products ovens. Construction was started on Jan. 23, 1941, and the capacity of the new owens will be approxi¬ mately 425,000 net tons of coke per year. With the addition of these facilities, the Tennessee company now has six batteries of coke ovens comprising 43'3 ovens, which raises the company's annual coke produc¬ ing capacity to approximately 2,330,000 net tons.—V. 152, p. 276. Robert President Gregg, of the above company, \".f ,.• v?. < a Steel Corp. ordinary mutual investment dividend should payment quarterly income the for be Total Operating expenses j— 4.824,057 Prov. for Fed. tax 655,615 Prov. for Federal excess 'X profits tax inc. 1,274,179 34,980 4,700,001 11,507 3,787,940 3,092,247 2,277,582 11,592,751 10,173,283 $1,997,109 $1,223,016 38,529 51,046 293,107 19,580 16,369 63,525 $2,016,058 $1,257,693 Other- taxes retirement Property depletion 'j- Net income— Other, income deducts.— Gross income Interest Int. Other on loans, Other debentures- 375,000 395,023 1,500,000 ■485,105 512,155 14,888 10,990 2,079,055 131,552 13,698 1,966,387 ' 60,260 21,054 etc.) ________ 100 chgd. to constr.—Cr Net oper. Other inc., 5,002,027 4,128,387 419,412 357,687 $490,601 $176,255 . 1938 , A 330,396 $134,653 $204,657 Dr21,7l3 451 Drl2,935 Dr22,150 eral taxes $491,052 taxes__ income Fed. for $6,041,601 $5,835,256 $173,470 $1,030,404 —_ : $1,555,035 Oper. revs.—Natural gas 1,339,912 Operating expenses *202.672 28,039 $288,380 $126,504 26,643 20,304 tTaxes— Prov. for Federal inc. Other - Prop, retir. approp. res. 22,000 49,000 392,762 219,147 170,571 154,720 694,074 652,502 106,600 106,600 656,000 650,500 34,033 . 205,008 82,003 82,003 410.016 410 016 410.016 $0.62 Balance Other to. of holders $1.50 v share per record ot : the on b? Dec. This 45 cents, per. share 23 to of holders been declared on record Dec. 8.- r. -' has of 35-cents share per made were 1, May 1, Aug. 1 and Nov. 1, last, which, with the will make total a of $1.85 for the the ' 1104. p. 1941, year Pays $1.50 Dividend— ; ot, $1.50: pgr, 4 i 15i; 15.—V; • (S. S.) White Dental Mfg. Co. (& Subs.)—Earnings- 34,43i v Operating Other f-Int., 1940 1941 7.000 — 1940 $1,100,405; Jul income deprec. _ : Foreign exchange >Prov. for loss $473 ,$436,797. 54,882 53,134 55,014 $1;153,539 $491,811 $324,659 $55,355 691,914 267,509 198,105 164,206 ____ 850 87,628 626 60,000 45.000 inc.. tax & 5,979,070. ... • $1,579,488 $1,681,338.) assets Total i —i profit income $0.29 Sheet, Oct. 31 ■ 1941 7,442,282 &c. expenses, 82,003 410 016' $0.16 $0.22 , Sept. 30 iiii-.lV'$6,542,687^ $6,415,867. and Costs * Assets— assets of ' 6ale$ , ♦Includes $84,655 for excess profits tax. Current 15 company on Nov, 29 paid a year-end dividend ■ its capital stock to holders ot record Nov. 9 Mos. End. $155,864 out-, ($1.25 par). Earnings per share, 7,048,917 6.952,610 _____ stk. com. dividend a? Dec. on p/3413. $182,507 $101,414) 33.565 31,613 — standing $9,579,546 $10,040,259 $1,502,258 1,320,960 — dividend of Shs. 1941—12 Mos,—1940 1941—3 Mos.—1940 — Preferred dividend: Common (Company Only) Income Statement of Period Ended Oct. 31- 40,845 154,586 ■. J : Weyerhaeuser Timber Co.- - surplus 117,484 income —— income Net 132,833 paid ih 194Q arid'i939.—V. 154, as share $121,718 $154,543 262,297 payable Dec. declaration, The jgy.-. & Fed¬ 1,442,105 239,2S2 1,348,159 262,972 quarterly, distributions , this issue on Feb. current ' — payable stock, common Regular 328,504, .. stock; year-end. dividend the other less 1,504,234 520,842 Westvaco Chlorine Products Corp.—45-Cent Div.— ', 3,970,386 3,983,455- > .v. • 2,003,509 w.th 75 cents paid'on Sept. 10, last, 50 cents on July 15, last, $1 on Apr.l 1, last, $1.50 on Dec. 14, 1940, 50 cents on June 28; 1940,; and $l dn Dee. 15r1937>—V. 153; p. 709. ^ s ' " $4,448,504--$4,503,547,' - railway.— compares on income™, income tief. Net Bal. carried to consol. earned from The; ^directora^'have-declared - admin, and deductions 205,433 173,289 64,114 61,911 1940 $4,662,329 sold goods gen. Prov. — ■ 100.00% 1939- 1941 40,050 23,11b 39,175 U, . Westmoreland Coal Co.—$1.50 Dividend— ! .88% Co.—Earnings— $5,912,040 $162,185 ' 27,653 . from same co interest Net 1386. p. expenses ___ applicable minority Sell., 881 public—subsidiary Portion of Cost to dividends Preferred 58,152 Fronv Jah. I— Gross 12.42% 709.398.12 $5,710,001.12 ______ 154, Net sale's (notes, deductions v [■■■"- 1938" :■ $185,947 46,243 ; Net ry.; qpe.r;- income™;"; '55;347 19.28-% 50,000.00' ______ accruals and Total 278,390 195,900 1,610,211 a 1939 19401 $179,207 Net) front.; railwayit ^iii'v^^!;v^96,645'^ common $9,900,454 $10,341,109 195,000. Earningsr- 7.90% .T,100,902.00 defense bonds S. Went worth Mfg. 48,750 .. 'railway 1:'$271,494 Gross* froin 450.890.00 ; Years Ended Oct. 31— 48~750 interest stocks 346,255 56,550 bonds $3,398,811.00 —— _ $9,670,872 $10,051,404 53,030 mtge. bonds on Interest Int. —_—_ coll. trust on U. -V. revenues—j oper. Other stocks .Bonds' .Ss approp. res. • railway_-_^__ Resources ' vNev ry. oper; income.: i.-' 59.52% -«—VM54, p. ,872. . Market Value ■.1•, >'*'••• A :' 19,0J.4,00,0 $5,218,000 $62,937,000 $47,223,006 f7 OctobeiS-v .>;»;>•>>1941 - Percentage of , „ Preferred 1,411,455 11,507 1,030,366 28,074,000 2,111,000 $6,279,000 Western Ry. of Alabama-? t • and the $5,710,001 Common $9,435,190 $47,773,817 $44,646,258? 4.628,948 19,290,264 19,210,669 7,873 - - the resources of ^the Wellingtdn'"Fupd had' 1941, $3,107,000 $34,853,000 $23,209,000 '2,820,000 as a There¬ Act. , „ $3,459,000 ^ales^-kkdi:. 1941—11 Mos.—1940 qualify Revenue and not any particular measuring the?: annual , sales 1941—Month—1940 ' of Cash — to 30—*\4<" Total sales y.vi54v p. ii40. , portfolio consisted of 145 separate itefms, comprised of 104 common stocks, 13 preferred stocks, and 28 bonds, divided- as follows; * ' ' : ? ^ , 2,484,940 in ., Nov;• 25, On value 1941—12 Mos.—1940 263,771 Retail ' {&: Subs.) -^Earnings— $11,851,080 revenues oper. year considered return." V 1941—3 Mos.—-1940 order in the Internal under company aggregate the fore, net ordinary with together profit . Period End. Nov. Wholesale ""i . Auto Supply Co,November. Sales Increased r Western because ' Period Ended Oct. 31— i income net year-end distribution is larger than the usual quarterly pay¬ of the declaration of a year-end dividend -from security "The ment , United Gas Corp. " 'M- >y and the balance tof 18 cents from . net security profits realized during 1941. \ • Quarterly distributions of 18 cents per share were made on March 31, June 30 and Sept. 30, last, as against 20 cents in previous quarters., The company's announcement further states;.; |:1 /' ^ from New Battery of — : ___ contingencies 8.000 : ' Net ♦$84,048 _ $1,469,093 $884,100 *$129,022 1,454,062 1,498,832 6,711,732 G,443,G22 $1,370,014 $1,369,810 $7,595,892 $7,912,715 debentures. 501,525 501,525 2,006,100 2.006,100 and loans 428,183 443,517 1,708,771 ,1,764,425 9,486 8,204 *145,202 36,762 2,305 1,605 9,483 3,082 Other income: (net) ____ in bus'ness deorec!at:oni_ not used (less Property revenues— oper. Natural gas assets Fixed Deferred prepaid and charges ___• expenses 102.897 109.866 189.323" 203.106 21,615 t , ? -Net profit Earnings ■ per-share 24,892 Note—For enual income Gross Interest Int. on notes on interest Other Other deductions Total — income * surplus Can'tal i— surolus Operating Operating Net $1,175,268 $1,093,578 84,039 6,274 1,052,587 992,156 76,925 81,208 514,501 $5,562 $45,756 $20,214 37,217 46,156 574,648 598,757 $51,718 $51,718 50,763 50,763 $113,463 — 93,133 revenues— oper. from Rent $95,875 — — lease of plant ■h: ' on bonds— mtge. Other int. West Indies Years End. *$321 *$321 •Deficit.—V. stores Prov. 13,673 revenues — $1,301,831 $1,213,568 Operating expenses — 571,004 555,577 taxes Other inc. tax. (excl. ex¬ Fed. for Prov. Prop, retire, res. appro. limited-term of Amort, investments ' Net 41,000 727,801 316,060 1,979,044 1,993,612 99,303 91,000 1,166,782 1,092,000 (net) income U. $4,643,326 $4,661,948 474 4,930 5,054 income Gross on Int. on Int. $376,407 $4,648,256 $4,667,002 189,028 189,028 25,000 2,268,330 300,000 2,268,341 2b,u00 14,648 14,291 180,459 182,642 . & deductions int. Other boncb de>j. $381,928 bonds— mtge. chgd. $159,252 Net" income ♦Dividends applic. to $148,088 pref. stocks for the period 1,704,761 1,704,761 $202,852 $211,258 Balance _____ ______ accumulated ♦Dividends and stock and $1.50 a to Oct. 31, amounted 1941, to amounting to $1.75 a share on $7 pre¬ $7,955,551. Latest dividends, ferred unpaid share on $6 preferred stock, paid were on 1, 1941. Dividends on these stocks are cumulative.—V. 154, p. 966. Oct. profit—,— *95,257 *122,604 *84,479 $140,396 $1,647,045 $1,304,396 sh. on directors have declared dividend of a 55 cents per This with 25 cents per share paid on this issue and Sept. 20, last. par compares 20 June old the On share on excess profit and undMri'-uted in 1941 and $753,666 in stock (par outstanding $5) prior to on March 20, ■ Balance Sheet Sept. -w $186,779- !^__ $0.22 • reserve) in liquid_____ supplies, etc.— Materials, animals ^ two-for-one cane of accumulations of record ; - Deferred 1941 - 1940 profit after chgs. & Earn, —V. & per 154, • $222,509 $92,506 sh. cap. stock $0.55 $0.23 p. inc. 1939 , >. , tax State ^ 1938 , v... , $71,487 $25,191 $0.18 $0.06 550. Wellington Fund, Inc.—Dividend Announcement Cor¬ rected—Market Value of Resources— The 28 directors cents record as Dec. have declared a dividend of 30 cents per share (not previously announced), payable Dec. 29 to holders of 16. Approximately 12 cents per share of this dividend is dividend On on Nov. 1, last, .' /* ' " - covers . ,, the 1941 to period from May *1, TvO;" 440. p. Dividend— stock, payable Feb. 2 to holders distr.bution of $3 on account of a this issue. declared fust 1941.—V. 154, 31, '* ' 442.593 ."_— Net 44,608 2,995,450 Federal 292.732. v." 242.173 K're 18,614.427 Joint 16.346 32,476 Liabilities—f : vr payable for U. S. Govt. & Cuban profits accrued t __ for Reserve wages, rents, 314.075 in depreciation 1940.. on $10,748,531 in V > - . . - v 3,696 and 1941 remarks to stockholders states-r- ^ decided this week the in in (Nov. 25, the sheet. balance bond The . n / ■< ; . a indenture contains provi¬ until the met by the bonds the sinking funds will annual charge for $360,000.—V. 152, in run at 696. $2,651,460 $2,076,038 5,176 29,517 2,911 , . $341,228:$2.656,63$S J52A05,554 16,397 -14,911 155,631 v • 166.440 r. •: $324.831Cr$2,501,005Cr$1.939,ll51 154, p. 912. reiieoted - • directors have: declared a dividend cents of, six per on •,*, , ^ ^ ->.• share ^ on capital stock; payable Dec. 29 to holders of record. Dec. 20. This compares with five cents paid July 1, last, and 10 cents on Dec. 16, ,1 15, 1939,-rtV. 154, p. 759. v, . WJ > '. Woolvyprth Co.—November' Sales period End; 1941-Oifonth—1940".' Nov) 30^- v k" 1941—llMak—1940 , '• Sales •^^$33,775,951 a — 'K V. $29,687,157 $314;632,930 $280,889,179 r 154, -'Jr.''; W]•' J•• • ^ .... f, 'V4;\{J and the in $338,317. Wisconsin Investment Co.—Six-Cent Dividend— The 1947.:r These purchase interest p. sinking annual maximum of been ' 31,697 the -; $300,000 additions to fund of $300,000, requirements through 1942 deposit of bonds with the -trustee in escrow for that purpose. An additional $1,200,000 of bond?, have now been acquired at par and interest and deposited likewise with the trustee to cover all sinking fund requirements during the remain¬ ing life of the bonds. By this action, thus reducing the .amount outstanding to $2,700,000, it was possible to obtain a reduction in the interest rate beginning Jan. 1, 1942 from 5%"? to 4% per annum. This means that in future the charges against cash for interest and for maturity had >"•''393",84 f'7' 374,713, 312,992 318,941" 49,790 $241,408 *' 801,158 $2,782,870 $3,345,114 $419,804 his the in : $3,584,029 508.067 /•Doe^ not include Interest being accr ued and not paid, as ■•.***, 1941), ,to-mike a -furthec .redac¬ indebtedness, corporation's f, 8.124.841 - : 905,956. • fix"6d .Chgs;: y $226,496 .corporate books.—V. $10t- Reduces Bonded Debt—F. B. Adams, President in It was for ■ charges-i_kCkk: Net after $29,575,527; $29,849^43 for reserve $237,711 available $4,759,137 • —J_ — After income (net)*.__ . 8,996,545 $511,696 . 32,244 32,427 •Fixed 'charges ^ks^i-k etc.—______ - lity rents—Dr. income fixed $238,691 $220,900 '213.389 233.680 ' 211,540; 136.028 1st mtge. (collat.) bonds 3,900.000 1 -4,200.000 1,603.300 5% cum.'Conv.',pref. 1,«93,300, Common stock (par $1) : 951,208 J' 951,208 Capital surplus 19.087 881:. 19,087 881 3,343,333 Earned surplus—————, 3,442,529... accounts Reserve ■■ 102,461 '. > rwy. oper. Income v. " ■■ . - 892,860 76,810 taxes._ equip.—Dr._—_ fac pther . - . of Net 562,645 574,399 i income k $481,654 Net alter taxes__—$302,383 r 18,275.529 charges - ■■ revenues-.. Other taxes. 628.119 27.368 , rwy. 1941—10 Mos.—1940 - $1,404,556 $13,755,682 511.708,869 1,059,753 ? J.-i:y■■■ ^ 1,324,021 2,708,258 — expenses 142,654 656.794: ——_. 1941—Month—1940 __$1,541,407 revenues Total 2,244.791 ( 1,189,803 ' stock Ry.—Earnings- period Ended Oct. 31— Total $29,575,527 $29,849,343 sion 3 Mos. Ended Oct. 31— june 25. 14, May ,15, 440. dividend of $1.50 oer share on account a the $6 preferred on 16. Jan. Wisconsin Central - 45.000 16.684 in trust with trustee indicated Waukesha Motor Co.—Earnings— Fed. The Oct. 1940 , 1,935,807 _; ♦Property, plant and eauipment, etc.--____-_'__> Deposit v 83.532 Colonos from —— Investments tion Dividend— Dec. 2 declared a dividend of 10 cents per share stock,' payable Dec. 127 to holders of record Dec. 23. accruals was made $2,889(446 92,630 r i live other receivable Aroo-'nts Admin, and 30 1941 $3,346,585. aa-'v , (less received Accounts • ' the of on common 1940, and.on.Dec: the split-up. the company paid a dividend of $1 per share on Dec. 20, 1940, compared with 40 cents previously each quarter.—V> 154, p. 1153. Net Isidore Wasservogol Wilson & Co., Inc.—Accumulated profits taxes, tlncludes 1940. tlncludes Cuban the $2.50, payable Dec. 20 to holders of record Dec. 10. stock, ^ like qmount was paid on thia ,l9si'e on Feb. Aug.. 15, Sept.; 15 apd Nov, 15, last.—V.154, p. Van Norman Machine Tool Co.—-55-Cent Dividend— The 192. p. A *21,000 $1.31 $1.65 $0.06 com. ' common the on *550.981 80.165111; 80.165 $753,064 General ' tOn the '.' The directors 359,095' $1,916,019 $1,907,613 period. 1938 taxes. Cr8,146 constr— to 300,000 in Govt, Consolidated Work and $11,475 New York Supreme''•Court) has application of a protective committee of stockholders for an order compelling company's management to furnish the committee with a complete list-of certificate holders. The application followed the rejection of an offer by Republic Steel Corp. to acquire the stock oL.Wickwire Spencer. Steel-.TT-V. -154,, p. 759, 1154, 1195. - 6,838,303 6,529,852. ' dividend of income .taxes, but exc'uti.v^ :.?* $3770 1939 $7,956,160 $8,813,991 j.Cash . Int. stock.—V.154, r^fiistlce denied 194,032 241.947.U _ i^Wickwire^Spettcsr^Steel Co.-—Petition ^^ Denied—* : i , $11117,857 Margin deposit on future sales Sugar on hand and in liquidation $375,933 . - $8,114:562^ 1$7;03S;923' 457;481 - 725,205 $940,354 _— S. Assets— 255 — $ - *938 in securities 1939 1938 -' *$157,885 >$164,046 t$0.38k. t$0,4L , , Will & Baumer Candle Co., Inc.—10-Cent tax per taxes 1,050 $387,673 revenues— oper. 17,390,501 210,000 Molasses Other t6,690,190 494.701 oper. profits 6,246,812 6,428,045 150 427,267 $9,983,184 depreciation— •Including $14,946,048 $14,310,432 150,058 — i sale of on _ The d'rectors have declared .,Vt* •,-i ■' v'»-; :'-4 219,561 $7,630,544 _____ funded debt—— for Earn, 164,134 79,581 >'?'*£ profits) cess 817,359 V '< v *$3,858 1941—12 Mos.—1940 Operating 1939 $8,73R.5S9 1,393,102 income for on Prov. (& Subs.)--Earnings- 1941—Month—1940 154, p. 440. second preferred stock has been converted into common shares.,-, •' +After charges and Federal .income taxes. §On 247,500 shares of . , Int. Net Utah Power & Light Co. ■^Earnings— 1940 $6.0171887 Expenses of producing, manufacturing, etc.— 609,156 *$3,858 net 250,000 no-par shares of-common stock which will be outstanding when oth. & miscel.. income Preferred Period End. Oct. 31— (&. Suhs»)- 1941 : charges, and Federal •After aH tRenresented by 32)885 no par rar. Sugar Corp. produced on Total 912. 154, p. ki.25 Sept. 30— produced™ sugar Profit income Balance with comparing profit was $78,096, profit of $57,461 or net 1941 1940 $$94,565 *$99,574 5$045,^^ t$0.15 Sept. 30— profit.-----^---.-- Earnings.jhb* share 26,582 common $618,971 15,112 1,276 1,276 deductions & 26.582 J $620;404 609,150, 1941, Rock Mineral Spring Co.—Earnings— 9 Mos End. Net IRepresented by 3,171 shares of preferred stock.-'-V. 154; p. 61*. shares. Operating profit income Gross Int. 5C0.386 > Dr40.214 •Represented bv shares of Molasses 5,829 revenues expenses 512.520 612.146 profit Row Taxes a $38,928 lo$S$109,477 $0.13 ' :'• ;Nil;; ? $178;452 > $0.61 v : 30. share in September quarter of previous year.—V. a White $2,002.173'.:,'$>l.e25.352. 1941—12 Mos.—1940 1941—Month—1940 cents 26 to 20 cents 44l_243 - 512.520 —_____— •^Treasury ;$tpcfc: Utah Light & Traction Co.—Earnings-— " 441.248 — - with classifications of accounts prescribed authorities taxes are included in operating revenue deductions and also in other income deductions. ■) tlncludes $105,786 of non-recurring interest on additional Federal income tax assessment applicable to United Gas Public Service Co. for prior years, for which the corporation, as transferee, was liable. Adequate provision was made by United Gas Public Service Co. for the amount of the tax by accruals from income prior to the merger of that company with the corporation in 1937.—V. 154, p. 1385. • stock preferred regulatory Period End. Oct. 31— $384,616 stock •Common conformity tin •Loss, by $449,891 labilities tConvertible $4,097,346 $3,726,336 $414,959 $428,515 — $1,925,352 Sept. L'abTit'es— Current Earned Net $2,002,173 ':$401,625 -v* $1.36 ' ended share, quarter rate 1938 -V- of and $108,000 prior a years year- against" an of approximately Ottober-^-'^1941.^Gross, from 1938 railway^; .-$2,232,874 $1,750,761. i .:7^0,054 from -railwav• 7°0,172 $1,710,156 r,'; 6^,403. $1,530,659 T; 609,858 * v - Net-'ry.'* oper. income_i_r - 525,401 >♦"; 519,143 ""'From Gross ^ ' ffdni't&ilwayili>>;16,063,672 12 583.086 Net:-from "railwav_'^ii'_-Ji;'vV5,646.423, * Net -rn —V. oper:;income-_'i 154, p. 912. ■ :n 3,556,874 7v. - 3.659.870;; 1,475,993 452,664 " '382,290 v;' 12,138,755 11,893.699 *3,627.059 >3.786 370. 1,485,473 V, 1,637,071 ? - Volume 154 THE COMMERCIAL & FINANCIAL CHRONICLE Number 4017 STATE CITY AND 1419 DEPARTMENT BOND PROPOSALS AND NEGOTIATIONS ARIZONA Bond Call—It is stated by S. W. FJlery, Town Clerk, that the fol¬ lowing 4% refunding bonds dated July 1, 1937, are called for pay¬ ment on Jan. 1, 1942, at par, plus accrued interest: Nos. refunding of its callable indebted¬ the event of any withdrawal of the city is enabled to reduce any such check, the bid to which the coupon rate and provide defi¬ said check was attached will be nite serial maturities which ef¬ considered as having been with-* fects a total interest saving of drawn and not subject to further nearly $300,000, according to the consideration. Legality approved bankers. by Chapman & Cutler of Chicago. Public offering was made or GEORGIA Nov. 26th of the new 3%% meet 46 to 105 incl., $60,000; Nos. 107 to 112, incl., $6,000; Nos. 114 to 243 incl., $30,000; Nos. 245 to 268 incl., $24,000; No. 270, $1,000; Nos. 276 to 308 inch, $33,000; Nos. 310 to 318 inch, $9,000; No. 320, $1,000; Nos. 326 to 334 inch, $9,000; Nos. 337 to 367, inch, $31,000; Nos. 369 to 395 inch, $27,000. Denom. $1,000. Bonds should be presented for payment at the office of State Treasurer Joe Hunt, at Phoenix. and tion fees This invalid bond in the high schools. issue was held able 000 series 2Vz% interest over property in the Board Langworthy. erty at the $2,677,520. Prior to 2%% of the tax¬ the district, ac¬ turned to to exceed relief ad¬ 000 on 1943 est to June 1952 be to 1 and incl. Dec. 1 from Rate of inter¬ expressed in multiples Prin. and int, (J-D) at the County Treas¬ of V4 of 1%, answer filed for payable by Attorney B. F. urer's office. The bonds are is¬ The taxable prop¬ sued for the purpose of providing time amounted to funds im an amount sufficient the Supreme Court rulings in the Orvis litigation, the counter-claim alleged, the district had paid a total of $15,427.50 to the company holding the bonds. This amount, the Board of Edu¬ cation claimed, should be re¬ . not poor ■ Dated Jan. 2, proceedings vancement bonds. Denom. $1,000. school district 1942. Due $15,- cording to; the , A-1942 Orvis a debtedness the school treasury because it > : last other high having a population of less than 200,000 cannot increase its in¬ > . to because ' refunding bonds dated Crawford, Ga. July 1, 1941. Of the total, $52,- i Bond Call—It is stated by E. H. 000 are 3%% bonds due 1943 to Furcron, City Clerk, that the fol¬ 1947 and priced to yield from lowing 6% bonds are called for 2.00 % to 3.25 %, while the re¬ payment on Jan. 1, 1942: $30,000 mainder are 4% bonds due 1949 water works, and $7,000 sewerage though 1960 and priced to yield bonds. Dated Oct. 1, 1920. Due 3.50% to 3.70%, except for $16,000 Jan. 1, 1950. Payment of the principal amount which are .4% principal amount of said bonds callable bonds due 1972 and called for .redemption is to be made on date called, on presen¬ priced at 104. • The refunding bonds maturing tation of said bonds in negotiable Interest ceases on date called. July 1, 1972, are to be redeemable form, accompanied by all cou¬ Roosevelt Water Conservation Dis• by lot at par and accrued inter¬ pons for interest accruing after trict (P. Oi Higley), Ariz. est at the option of the city on redemption date, at the office of t Bonds Voted—At a recent elec¬ July 1,1961, and any interest date Brooke, Tindall & Co., of Atlanta. tion the voters are said to have thereafter, upon 60 days' notice. Interest ceases on date called. approved the issuance of $120,St. Lucie Inlet Dist. and Port IDAHO 000 improvement bonds. Authority (P. O. Fort Pierce), Fla. I Idaho (State of) Bond Call—It is reported thai ARKANSAS 4% bills of the high sealed bids until 10 a.m., on district, including past tui¬ Jan. 5 for the purchase of $300,- various school ness Miami, Ariz. was district paid on to pay the amount estimated by the Board of Commissioners to be needed for advancement to the several for townships of the County relief purposes for the poor six months' period 1, 1941, and to various for beginning Dec. the indebted¬ pay theretofore ness incurred by the townships in the county relief theretofore fur¬ poor invalid bond issue. nished. The county will furnish original suit, the com¬ the opinion of reliable bond atpany holding the bonds petitioned torneys in Indianapolis, approv¬ for a writ of mandamus to order ing the legality of the issue. Each the County Clerk to extend taxes bid must be made upon forms Bonds Sold—We understand for the 'p.r* • Ak -/■ o r " ■" payment of Interest and provided by the County Auditor. ;V •' refunding bonds, dated July J; that Ferris & Hardgrove of principal on the issue, and for a Enclose a certified check for 3% Corning Sch. Dist. No. 8 1936, are being called for pay¬ Spokane, have purchased $28,000 judgment against the Board for of the par value of the bonds bid ; (P. O. Corning), Ark. ment on Jan. 1, 1942. Said bonds 3% semi-ann. Lewiston State the full amount of the bonds and upon, payable^ to the Board of Bonds Sold—It is stated by the will be redeemed on Jan. 1, at Normal School refunding bonds. interest. Secretary of the Board of School par, plus that accrued interest County Commissioners. Directors that T. J. Raney & Sons evidenced by coupons due on that 4 ILLINOIS Grayslake High School District of Little Rock, have purchased IOWA date, on presentation with all t Chicago Sanitary District, III. No. 46, III. $87,100 3% semi-ann. refunding subsequent unmatured coupons Bond Call — R. A. Woodhull, < Proposed Bond Issue — The Paullina, Iowa bonds at par. Due from Jan. 1, attached, at the Guaranty Trust (President of the Board of Trus¬ Board of Education is consider¬ Bonds Sold—The Carleton D. 1943 to 1965. Co., New York City. Interest tees, announces the call for re¬ ing an issue of $78,500 school Beh Co. of Des Moines, is said to Morrilton Spec. Sch. Dist. (P. O. ceases on Jan. 1, 1942. demption on Jan. 1, 1942, upon building bonds. have purchased recently $8,000 Morrilton), Ark. : presentation at the First National Tallahassee, Fla. Rock Island School District No, 41, water works improvement bonds. Bond Call—Robert Bank of Chicago, of the follow¬ Stallings, III. Certificate Sale Contemplated Sioux City, Iowa ing: $390,000 5% series B refund¬ Secretary of the Board of Educa¬ Bonds Sold—An issue of $90,—George C. White, City .Auditor Bond Issue Planned—We un¬ tion, calls, for payment on Jan. 1, ing bonds, Nos. B2601-B2990 incl.; 000 and Cleric, states that the city is refunding bonds was sold to 1942, at par and accrued interest, $1,525„5jOO: 4%% series B refund¬ the Harris Trust & Savings Bank derstand that the city is planning planning to offer for sale $225,0010 bonds Nos. 37RB to. 45RB and to issue bonds aggregating $150,ing- bonds, Nos.- B5504-B5996; 2% certificates secured by rev¬ pf Chicago. B25278-B25280 Nos. 100RB and 1101RB. Dated 000 and divided, $100,000 storm $500 dbnoms.), enue from a new hospital and all Saline B29221 Nov. 1, 1937. B30000, B82393 - B826.42; County (P. O. Harrisburg), and sanitary sewers, and $50,000 Due Jan. 1, 1962. City utilities. Certificates are re¬ Said? bonds must; be in.: presented, $2,600,000 4V4%v series B refund¬ grading bonds. deemable $25,000 per .year. The with Jan. 1, 1942, and all subse¬ ing bonds, Nos. B36741-B36990, 1 Bonds Sold—Lansford & Co., of exact date of sale has not^been Woden, Iowa • B47611- B48360, B72393 - B73492, Chicago, purchased on. Nov. 19. quent coupons, attached, to the; Approval — We under¬ Commercial National 'Bank of B86393-B86892; $1,400,000 4% se- ian. issue of $30,000 2% judgment 7 ; Bond stand that jat a recent election Little Rock; on and after date' Union County (P. O* Lake Butler), HeS B refunding bofids,. variously funding bonds at a price of 101.35, numbered;' $300,000 2 lk % series C a basis of about 1.89%. Due $5,- $9,500 water works system bonds called;^; y Bond Offering' r- Sealed 'jbids, refunding, bonds, variously num¬ 000 annually from 1952 to 1957 were approved. CALIFORNIA ■ will be received by the Board ;o£ bered; $375,000 2% series D re¬ incl. v KANSAS Commissioners until 10 funding bonds, Nos. Dl to D375 East Contra Costa Irrigation Dis*' County Toulon, III. a.m., on Dec. 15, for the purchase incl.; $36,000 2 Vz % series one trict (P. O. Brentwood), Calif. Soldier School District (P. O. Bond Sale—The issue of $25,of $104,000 4% seiiii-ann; high-r constructionbonds, variously ; Maturity — In connection with 000 water bonds offered Dec. i Soldier), Kan. Bonds will cease to the public offering of $1,107,000 way refunding bonds. Dated Jan. pumbered. Bonds —v, 154; p. 1250—was awarded Approved—We under¬ bear interest from and after Dsnom,; $1;000,.... Due 3V2% semi-ann. refunding bonds 1„ :1940. to the Bank of Toulon and the stand that at a recent election an Jan. 1, 1942. '*'< \ ^ ; ; by Thomas, Kemp & Co.-of Los Jan. 1, as follows: ; $25;00&an First National Bank of Wyom¬ issue of $10,000 construction i Angeles—vk, 154, p. 1137—it is 1943, $31,000 in 1944, $32,000 in Grant Community High School Disbonds was ing, jointly, as 2s, at par. approved by the now stated that the bonds mature 1945, and * $16,000, In 1946. Priii. J-.'.Uc- trict;: Lake County, III. voters, v Files Counter-Claim In Bond July 1. as follows: $15,000 in 1942, and int. pay able at the First-Na¬ INDIANA Chicago. General, pefault Suit—The Board of Edu¬ $10,000 in 1943, $18,000 in 1944, tional Bank, LOUISIANA The cation-: on Nov. 27 asked the Cir¬ Indianapolis Sanitary District, Ind. $22,000 in 1945, $16,000 in 1946, obligations of : the ~ county. Bids Unsatisfactory—James E $23,000 * in 1947, $24,000 in 1948, Board reserves .the right to award cuit Court-to. order the Ohio Na¬ Lafayette, La. an 7 In the ;• . - . - , . - „ . . . , . . 1949, $28,000 in 1950, the/bonds to the bidder submit^ 1951, $31,000 in 1952, ting the most advantageous bid $23,000 in 1953, $34,000 in 1954, which shall be determined- by i1 $36,000 in 1955, $38,000 in 1956, in its absolute and uncontrolled $40,000 in 1957, $41,000 in 1958, discretion; and to reject any or $43,000 in 1959, $44,000 in 1960, all bids. Delivery of the- bonds $46,000 in 1961, $47,000 in 1962, shalLbe made at the above bank $49,000 in 1963, $51,000 in 1964, on, Dec. 31, before 11 a.m., nr. $53,000 in 1965, $55,000 in 1966, said •»' date, < attention being»di¬ $58,000 in 1967, $60,000 in 1968, rected to the fact that the out¬ $62,000 in 1969, $70,000 in 1970, standing optional bonds to be re¬ tired by the proceeds from the and $13,000 in 1971. $27,000 $30,000 in in tional-Life Insurance Co. to re¬ Deery, City Comptroller, reports Bond Offering Sealed — bids $15,427.50 paid to the com¬ that no satisfactory bids were Will be received by Wilson J. pany as principal and interest on submitted for the $40,000 not tc Peck, City Clerk, until 11 a.m., 5% interest a bond issue of $54,000 said to exceed temporary on Dec. 30, for the purchase of have previously been ruled in¬ loan warrants offered Dec. 1— $58,807.50 not exceeding 6% semivalid by the State Supreme v. 154, p. 1097. Sale Will be con¬ ann. refunding bonds. Dated Jan. Court. The Board's suit was made tinued from day to day until 1, 1942. Denom. $1,000, one for in a counter-claim and answer award is made.; 77 $807.50. Due Jan. 1, 1943 to 1967. to the company's petition for a A certified transcript and the ap¬ Seymour, Ind. mandamus to compel the district Bond Offering—Glenn H. Se¬ proving opinion of Chapman & to levy taxes to meet past due Cutler of Chicago will be fur¬ ward, City Clerk-Treasurer, will principal and interest charges— nished the successful bidder with¬ receive sealed bids until 2 p.m. sale of this issue have been called v. 154, p. 1196. The local press on Dec. out cost; and all bids must be so Newport Heights Irrigation District for, 19, for the purchase ol redemption and payment - on discussed the situatiori as follows: (P. O. Costa Mesa), Calif.. $38,000 not to exceed 4% interest conditioned. Enclose a certified Jan. 1. All coupons maturing on «. The answer and counter-claim check for 5% of the amount of sewer improvement bonds. Dated ; Bonds Exchanged—A $71,000 Jam 1, arid * prior on * the bonds 6f the Board, comprised of - Ar¬ the bid| payable to the City Nov. 1, 1941. issue of refunding bonds is said will be Due $2,000 July 1. clipped before delivery, thur G. Highgate, Laddie Raska, Treasurer. to have been exchanged with the and July 1 No bids will be considered excep' William G. Nagle, William Ton- 1943; $1,000 Jan. 1 holders of the original bonds. from 1944 to 1961 incl. Bidder tc for the entire amount offered for yan and Charles Brainard, sets MAINE name a single rate of interest for sale, f but; Only < such'* amount up that the $54,000 bond issue has all of the bonds, expressed in ? FLORIDA ./ Gardiner Water District, Me. thereof shall be delivered as" turn . . • may Lake Bond Wales, Retirement Fla.' Pending- be delivered law. Enclose in a accordances with certified check.for been held invalid by the Illinois Supreme Court in the lawsuits of E. R./Oryis, a Grant township multiple of lk of 1%. Int. J-J. The bonds will be direct general obli¬ Other bonds Bids—The awarded $45,000 Dec. 3 to water Robert gations of the city, payable out of Hawkins & Co., Boston, as 2s. at property owner. 7:7V- 777-:..: unlimited ad valorem taxes on all a price of 100.10—v. 154. p. 1362— by each bid, payable un¬ 77ln December, 1929, a referen¬ taxable property therein. A cer¬ were also bid for as follows: headed by The! Ranson Davidson conditionally to the, Board ' of dum vote in the district favored tified check for $1,000, payable •; For Bonds' «•" It the •;he construction of a high school Company, Inc., of Wichita, will be County ^Commissioners. Bidder— ' Rate Bit to order of the city, is required. H. C. Wainwright & Co........ 101.126 applied toward the refunding oi Board does : not make ; award of building, the selection of a site Legal opinion of Matson, Ross Harriman Ripley & Co., Inc.,.,.,.... 100.83 $1,038,000 - of Outstanding ' bonds: the bonds the day the bids^arr and the issuance of $72,000 bonds Pierce, White & Drummond........ j. 100.31* McCord & Ice of Indianapolis which.are 4-5V2% and 4-6% re¬ opened, any bidder may imme¬ for building purposes. The bonds :V;" For ZlA% Bonds : A',.r will be furnished the successful White & Co.. 103.53 funding' callable bonds dated Jan ' diately recover his, check 7l£ he were issued and the building con¬ 103.33i bidder at the expense of the city. H. C. Wainwright & Co...... does not-desire to. Harriman allow his bid structed. In February," 1931, the Ripley & Co., Inc..,........ 103.08 v 1;,*1935,'due Jan. 1; 1965, and ' tr Smith, White & Stanley..,.,,...,... 102.59* be called for payment Jan. lr 1942; to remain: open-forconsideration" Board of Education issued an¬ Vanderburgh County (P. O. Bond, Judge & Co...;..,,............ 101.76» F. and. $1,000 outstanding., bond of during the period desired for con¬ other bond issue for $54,000 to S: MoReley & GO...,..;.-;.;.;...., 101.73 Evansville), Ind. V ; E. H. Rollins & Sons, Inc—100.58 sideration '.by the an 'issue of July Ipl926."v By the Bond Offering—Charles H. At- F. W. Home & Co..'.;. Board, but, in kin, County Auditor, will receive 100.271* proceeds from the sale of $393,000 3% bonds* sold covered to a banking group of the par. value of the bonds , . ; ■ . v - * . THE COMMERCIAL & FINANCIAL CHRONICLE tA?0 to order of the MARYLAND urer, Maryland (State of) To Defer Bond Bond announced Flint Somerville, Mass. Offering—John J. Issuance— O'Conor Governor Acting City Treas¬ both types of securities were chased. .;%/ •; v%vT is required. and Burton Townships Frac School District No. tional Don¬ pur¬ 18, Genesee ahue, City Treasurer, will receive County, Mich. a.m. (EST) on Bond Call—Peter Jean, Treas¬ Works is planning to withhold Dec. 9 for the purchase of $53,000 urer of the Board of Education, the sale of the urisold balance of announces that pursuant to the $1,458,000 construction bonds of coupon bonds, as follows: the issue of $2,317,000 authorized $18,000 funding bonds. Due Oct. 1 terms of the issue, $34,000 re¬ as follows: $4,000 from 1942 funding bonds are called for re¬ by the last session of the Legis¬ to 1944 incl. and $3,000 in lature. The initial instalment of demption, at par and accrued 1945 and .1946. interest, on Jan. 1, 1942. The $859,000 was awarded June 15 35,000 municipal relief bonds. bonds are dated July 1, 1939, last to the First National Bank Due Oct, 1 as follows: $4,000 mature serially on July 1 from and the Harris Trust & Savings Nov. 27 that the Board of Public sealed bids until 11 by public bodies, except for such projects, considered essential to the defense effort. On the other hand there is nothing to suggest any material change in the current favorable conditions for refinanc¬ ing operations, or, where possible, for new capital borrowings. Pre¬ sumably, the Federal government will find it convenient to main¬ tain interest rates at strikingly low levels. Then, too, the combi¬ nation of increasingly burdensome Federal taxes and the diminishing supply of new municipal borrowings, should serve to maintain the market for tax-exempt securities on a firm basis. Financing during November included sale of the following issues of $1,000,000 or more: $30,000,000 Arkansas (State of) Finance of WW , y;?u the and construction of cost He scarcity of essential materials. that observed also of Office the Production Management had re¬ cently advised State, county and municipal officials that they will be budgeted next year for the purchase of iron and steel prod¬ defense effort. the for needed commodities other and ucts conduct the mine of deter¬ to survey a OPM where States three of one proportionate as amount strategic materials required by State to maintain hospitals, each mains, sewers and other public health services. water 1942 - States test-tube other Jersey. Ac¬ N. Kirkman, 'State Director of Budget and Procurement, OPM has advised authorities State such steei the that will also restrictions equipment apply to typewriters, as filing cabinets, laundry machines, automobiles and motorcycles. Baltimore, togetner with Ches¬ Conn., Bridgeport, and Pa., ter, also will be used by OPM to de¬ termine future municipal require¬ ments for essential products. 1958 Sues For Payment Of Bond In¬ & terest—A petition was filed Dec. 2 Dodge of Boston will be furnished by the Municipal Investors Asso¬ Stone ham, Note Sale of Bank National chased Mass. Merchants Boston Dec. on 5 the ment pur¬ of bonds past the of issue an Circuit Court 1 with due city coupons held by as 12 months of last year the entire Bank tional awarded of Dec. on Boston 5 $250,000 notes at 0.28% Due in IIV2 months. of from the discount. terest bidder, rate of 0.33 %. a bonds Winchendon, Mass. Note tional Dec. 5 on at Sale—The Bank an of Second issue of second $40,000 notes at the Higginson dated Jan. 1, 1937, certificates bonds Frank of call for connec¬ tenders indebtedness of and Nov. 4—v. 154, p. 740— Haggard, District Sec¬ reports that $7,207.50 of on L. retary, 79.3% of the taxes. Collections to Nov. 1 the present Jbighest in>the city's history. Bond Offering Francis —- X. The feature operation in the field of State and municipal of $925,000 bonds, as noon follows; >,000 not to exceed 3% est pass % inter¬ Huntington Ave. under¬ bonds, Act of 1925. Due Dec. 15 from 1942 follows: as 1946 to $13,000 incl. and $12,000 from 1947 to 1951 incl. £00,000 public ways construction bonds. July 2, City Council order of 1941. Due $50,000 on Dec. 15 from 1942 to 1951 incl. 100,000 bridge construction bonds. City Council order of July 2, 1941. Due $5,000 on Dec. 15 from 1942 to 1961 incl. City 1941. follows: $7,000 sewerage bonds. Council order of July 2, 200,000 Due Dec. 15 from 1942 as incl. 1961 to and $6,000 from 1962 to 1971 incl. 1941 and will be ready for deliv¬ about Dec. 29. Coupon in form in $1,000 denoms. Bidder ery to or on name rate of interest in mul¬ tiples of V\ of 1%; no bid to be less than par and accrued interest, and a may be bid for all but each different loan purpose Interest rate of rate to interest no part of be issued. the $125,000 Huntington Ave. issue is limited to 3%. Principal and interest on the various issues (J-D) payable at the City bonds are on Treasurer's office. The exempt from taxation Massachusetts in -present certified and from income tax. Federal for check 1% amount of bonds bid for, tli.-Q % ,7rv;v;7> i, - ■ ■ '' ' •- -:-r - -i ; at of payable a financ¬ block of $30,000,- vious negotiations with the Federal agency. re¬ by Blyth 1, would 1965, Va., & of New from 0.30% dated 2%% Feb. 1, mature Feb. 1942, 1, 1967, and to bridge revenue bonds pur¬ associates. The $411,000 23/ts are and toll 1950, inclusive, and the $1,500,000 3'As mature subject to prior redemption. The 2%s were re- to are 0.75% (State of) to 0.75%. 1.80%, a according to maturity, Boston Airport bonds, inclusive, 1947, York, at 100.34, to 3'A% and Chicago, Co., 1943 and to yield from priced at 106. Bros, be under various conditions. W. serially from 1,390,000 Montgomery, awarded to group a basis of about 0.66% and 3'As due $300,000 annu¬ headed by Lehman Re-offered to yield . 0.65%, according to maturity. 3'/4% and 3'/2% refundihg Ala., bonds purchased Nuveen & Co., Chicago, at 105.093, a net interest cost of serially from 1969 to 1972, inclusive. 1,170,000 Detroit, Mich., street railway revenue notes, maturing from by about John 3.10%. Due inclusive, Is, at awarded 100.08, 1,107,000 East Contra licly offered 1942 to a to Costa by 1971, a about 0.97%. Thomas to 1946, Kemp & as % 3'/a % ^ refunding bonds pub¬ Los Angeles, Due serially from Calif., District, Irrigation 1942 headed by John Nuveen & Co., Chicago, group basis of of Co. inclusive. 1,030,000 Terrebonne Parish, La., new capital obligations awarded to a group headed by the National Bank of Commerce of New Orleans, as 2s and 4s, at 100.11, a net interest of cost about 2.08%. Due serially from 1943 to inclusive. 1966, $100,000,000 0.30% notes by the State of New York swelling the total of short-term borrowings by States and municipalities during November to a level of $114,737,679. Credit resulted in \ "V loans (U. ' -1941 .. 1940 $• Permanent (U. loans cTemp. S.l S.) 1938 1937 $ £ 80,095,136 157,885,225 47,306,174 165,980,051 212,496,012 51,513,946 50,152.500 '• 114,737,679 1939 § 77,507,257 74,328,663 > Canadian- XT. Placed in Placed in Bonds and of S Canada U. S. None None None 40,000,000 None 2,520,492 26,474,700 1,453,360 1,831,867 136,354,218 None None None None None Possessions Territories The Except for the Arkansas deal, the recent month was singularly devoid of any operations of particular importance. This is empha¬ sized in the fact that the sales of all issues during the period aggre¬ gated no more than $74,328,663. Of this amount, incidentally, no less than $53,376,803 was made up of refunding loans. Then, too. there is small likelihood of any change in the character of municipal borrowings in. the near future. Increases in construction costs, coupled with scarcity of essential materials because of defense prior¬ ities, unquestionably will severely check borrowings for new capital projects. Further than that, voters in various parts of the country show no evidence of any great desire to approve projects requiring the creation of indebtedness. This was clearly illustrated in the results of the voting on various projects at* the recent general number capital borrowings of the Federal Government's priorities system, it might be well to refer to the recent disclosure by Governor O'Conor of Maryland of the State's intention to defer issuance of the unsold portion of an authorized $2,317,000 of construction bonds. After referring to the "present high cost of construction and the scarcity of essential materials", the Governor stated that the Office of Pro¬ duction Management, at Washington, had recently advised State, county and municipal officials that they will be budgeted next year in the purchase of iron and steel and other commodities needed for the defense effort. The States of Maryland, Virginia and New Jersey have been selected determine the proportionate amount of strategic by the OPM in which surveys will be made to by each State to maintain hospitals, water and other essential public health services. said, will also apply to such equipment and as automobiles. materials required and sewerage facilities Steel restrictions, it was typewriters, filing cabinets : V'; . The foregoing remarks would appear to furnish pointed evidence of the many deterrents to any large-scale new capital undertakings » . ' » ■ r-; ■ TfiS V . , -i . . - ■ , , ... v. t >t< { l vj s. i > t of municipalities emitting bonds and the number during November, 1941, were 237 and 273, respectively. This contrasts with 284 and 332 for October, 1941, and with 216 and 262 for November, 1940. For comparative purposes we add the following table, showing the aggregate of permanent loans, excluding Canadian and United States Possessions issues, for November and the 11 months for a series of years: !For the Month of —— 1939- 77,507,257 1,031,175,500 1927 101.528,336 1,398,557,694 80,095,136 1,035,785,555 1926. 71.074,222 1,220,179:240 157,885,225 958.487,890 1925. 66,926,289 1,241,650,345 817,084,792 1924. 1.020,356,684 1923. 74,765,203 98,521,514 1,305,270.172 64,855,702 1,086.582.869 1922—_ 44,379,484 1,034,567,913 92,091,301 817,751,815 119,688,617 988,081,613 47,306,174 1934 475,260,703 1921 1920- 57,602,117 627,711.624 1919— 47,564,840 629,435.991 27,783,332 273,572,370 15,890,626 418,719,565 82,680.536 1932 29,588,884 731,527,808 1931—— 54,364,707 1,210,494,700 1930—— 88,682,310 1,300,540.012 1917— 1929— 84,687,874 1,139,822,962 present herewith detailed list of the municipal bond our Rate Name 1199 Abbeville Sch. 1249 Alabama Teachers —3 : 1279 County, 111. Allenhurst, N. J. ——;— Alton, 111. Alexander 3'/2 1041 1099 Archer Co., Tex. Arkansas (State of) Arkansas (State of) 945 1098 1198 — 2 ——_3'A 3 3'A _—_————3-3 V\ Bellevue, Neb, ■ 3'A Benkelman, Neb. — Arkansas Ashland, (State of) Wis. — Basis 2.90 1942-1962 rcl50,000 102.05 2.80 1951-1960 129,000 100.38 3.47 88,000 Too™ ~2.75 8.500 —-——2% Andlng Consol. S. D., Miss 2 Apache Co. S. D. No. 18, Ariz 2'A 945 Price 101 — 945 Amount r$50,000 College, 1137 1200 Maturity 3 Diet., S. C.— State Ala. 947 — out during the month of November: Page No. 1196 949,473.914 1918—™— 1933_.— We $1,265,355,715 112.713,762 — issues put For the 11 Months $171,281,282 $898,642,112 — 1937-—£ 1928—1 $74,328,663 1940—— 1938-—— Month Of November 11 Months November 1941; 1935-.., In connection with the probable adverse effect on new — of separate issues made 1936——-—.-i elections. i bonds — vi-' .1 %"* optional Fla., price of 106 and succeeded in marketing the entire offering in Total 191,586,834 269,962,008 294,044,508 251,231,038 233.812.892 extremely rapid fashion. The RFC now holds only $14,140,000 of "Includes temporary securities issued by New York City: None in November, 1941; the original issue of $136,330,557 bonds which it purchased last winter. none in November, 1940; none in November, 1939; $21,000,000 in November, 1938, and $24,200,000 in November, ,1937. Halsey, Stuart & Co. retain $20,000,000 of the bonds acquired in pre¬ A the and Authority, a • -% 7. the the public offering of was 000 All bonds will be dated Dec. 15, • '•> State of Arkansas highway refunding bonds by a nation-wide syndicate headed by Halsey, Stuart & Co., Inc. The bankers pur¬ chased the obligations from the Reconstruction Finance Corporation until bids Dec. 11 for the purchase inclusive, Port of the receive sealed The Massachusetts due ing in the recent month on due Col¬ Lang, Acting City Treasurer, will (EST) 1968, and Co., County, chased were Township School Dis¬ Oakland County, Municipal Bond Sales In November i > to put out in November during the last five years: the were? year 1943 District Call—Roy Secretary (Pf O. Farmington), Accepted—In bonds, Lucie Inlet of this nature continues available to local units at relatively neg¬ H. Dancey, ligible cost. Board of Edu¬ Canadian municipal bonds brought out during the month aggre¬ cation, announces the call for re¬ gated $2,520,492, of which $2,110,000 was accounted for by the Prov¬ demption, at par and accrued in¬ ince of Nova Scotia. This loan, bearing 3V4% interest and due in 1954, terest, on Jan. 1, 1942, of all was purchased by a syndicate headed jointly by Wood, Gundy & Co. outstanding 1936 series A refund¬ of Toronto and the Bank of Montreal. Two Treasury bill sales by ing bonds, dated July 1, 1936, due the Dominion Government involved a total of $90,000,000. July 1, 1966, subject to prior No United States Possession financing was4 undertaken in this redemption. Bonds will be recountry during November: (Continued on page 1421) Below we furnish a comparison of all various forms of obligations Bond Township School Dis¬ the serially from St. The sale of Mich. with Due and offered trict Noi 8, Tenders tion to 1952. funding Aug. Detroit Trust Co., Detroit. Waterford of 0.284%. trict No* 6 1, become callable 1, 1960, subject to prior re¬ demption. Denom. $1,000. Bonds should be presented for payment Due in II V3 Corp., high bidder, named a rate Lee 2.99%. County Court. Jan. 0.264% discount. months. about 1,911,000 Cabell Jan. 1, 1942, of the fol bonds: 1937 refunding Nos. 9, 19, 21, 22, 27, 33, 35, 40, Na¬ Boston purchased price a 1944 term bearing various interest rates, were sold at par to R. E. Orlando, and B. J. Van Ingen & Co., Inc., New York, in joint account. The bonds mature variously from 1942 to 1972, inclusive, and contain an optional feature. 2,494,000 Rock Island, 111., 2.90% Centennial Bridge revenue refunding bonds sold to Stifel, Nicolaus & Co., Chicago, subject to approval of the State Supreme on lowing at from District, 111., refunding bonds awarded to a Chicago headed by the Northern Trust Co., on a bid of 100.02 for 2s, 1.997%. Due Jan. 1, 1962, ahd optional $150,000 each Martin Crummer & lins, Director of the Board of Edu cation, announces the call for re demption at par and accrued in Tyler & Co. high second Boston, named E. serially $7,160,000 about ally from 1943 of New York, due and Sanitary of after Jan. 1,500,000 Call—Cleveland Bond was issue an Inc., 1969-1972, and callable annually from group basis of 2,543,000 Mich. Sale—The Merchants Na¬ Note due year from 1943 to 1961, inclusive. Re-offered from a yield of 0.60% to a price of par, to respective call dates. 2,700,000 Port of Astoria, Ore., general obligation refunding bonds sold to an account managed by the First National Bank of Portland, as 3s, at 100.055, a basis O. Route S, Pontiac,), (P. the city had collected only of 1972, banking tional School District No. 2 Webster, Mass. $20,694,000 3s, its a 1942. 10, 0.315%. than of the same date in 194,0. Totals for the two years are $75,703,494 and $71,086,139, respectively. During only 76% 1, 3,000,000 Chicago Association, according to Secre¬ tary C. E. Huyette, A date for the hearing on the petition has Other bids: Second National Bank not been set as yet. of Boston, 0.24%; Middlesex County National Bank, Stoneham, Waterford, West Bloomfield and 0.257%; F. W. Home & Co., White Lake Townships Frac¬ 80% of outstanding taxes, as con¬ trasted April bought $2,146,000 As a result of the offering the RFC now retains only $14,140,000 original purchase last February, at par, of the State's entire issue $136,330,557. Halsey, Stuart & Co., Inc., still holds a block of $20,000,000 bonds acquired some months ago. $0,233% Dec. Due discount. at notes $100,000 Farmington Collections—As of Nov. inclusive; of for Mich. Tax 1969, of writ of mandamus for the pay¬ a MICHIGAN the city had collected more 3'As, bankers success. Wayne County, Mich., asking for The — in ciation bidder. successful the Palmer Thorndike, Storey, MASSACHUSETTS Boston, Mass. Co., Tile . Legal opinion of Bank of Boston. highway refunding bonds sold by the Reconstruction Corporation to Halsey, Stuart & Stuart 1, 1941. Rate of interest to quent coupons attached, will be at the Citizens Com¬ be expressed by the bidders in redeemed multiples of *4 of 1%. Denom. $1,- mercial & Savings Bank, Flint. 000. Principal and interest (A-O) Melvindale,. Mich. payable at the National Shawmut are Virginia and New cording to Walter and 1942 to Oct. essential The incl. 1946 to incl., and are Nos. $3,000 from 1947 to 1951 incl. 3 to 36, both inch Bonds, to¬ All of the bonds will be dated gether with current and subse of Maryland has been selected will from 106. 3V4s, 1943 to 1971, inclusive. Halsey, & Co. formed a nation-wide syndicate to market the obligations, pricing the 3'As of 1944-1969 to yield from 0.90%> to 2.85%, the 3s of 1969-1972 at 103.50, and the term 3'As were offered to yield from 0.75% to 2,90%, according to optional dates.;! The offering was an immediate " Bank, both of Chicago, jointly, as Is, at 100.159, a basis of about 0.98%. Due on July 15 from 1944 to 1956 incl.—v. 152, p. 4157. The Governor explained that the proposed action by the Board is prompted by the present high Tuesday, December 9, 1941 35,000 100.03 1.99 1942-1946 15,000 101.50 1.69 1943-1952 rd750.000 1942-1947 1944-1969 r20.694.000 ToT" 1969-1972 r2,146,000 106 1972 rd7,160.000 106 1961-1970 r376.000 20 years 75,000 59,000 ■ Page No. 974 Berwick S. 1311 Bledsoe Ind. Blount Blue 1198 Brandon Ash 1198 Bryan, Ohio 1943-1957 1943-1951? 5 1942-1971 S. Miss.__ D., Butler Twp. 1366 Cabell Co., 1366 Cabell _2 2'/2 1943-1962 l'/4 1942-1947 S. D„ W. Va 25- year ! Cambridge, Mass. Camden, N. J bo., 976 Cameron Co., 976 Cameron Co., 1198 Canton, Ohio 1044 Carroll 1071 Charleston 1139 Charlotte, 1250 Chicago Co. u.'<o 1942- la46 IV* 1942- 1951 Tex. Supervisors Sep. San. Chouteau Co. S. Columbus City S. 1199 Conneaut Twp., 1280 947 Dallas, Tex. 1197 Des 1251 Moines, 2.39 Colo ___1 East Greenbush Dist. Easton, 1137 1309 Effingham Elko, Nev. 1250 Fairfield, 1311 Fall 1138 Fergus Rushville i Glen Ellyn, Gloversville, Granbury, Tex, Grand Island, 1251 Grand Rapids, N. 1250 Graves 1249 Greeley, Colo. Y. rdl49,000 r52,000 1943-1952 County, 1251 Greenville, Miss. 1280 Greenwood Twp. 1137 Griswold Harnett County, and 1.10 -3*/4 1.45 __lV2-l3/4 — lVa-2 J2-2V* 54.000 100 1.50 1950-1954 r92,000 100 4.00 1942-1951 125,000 100.04 1.09 1942-1951 15,000 1943-1965 25,000 1942-1951 10,000 102.40 1943-1961 75,000 100.13 T94T-T958 41,000 1942-1943 30,000 1.74 TOO. 06 2~l2 4.25 100 100.37 1200 1312 947 1196 j lVa ___2'/2_ , Ohio 3 >" Wells King Co. Kirkland, Wash. 2'/2 _ No. 47, S. C D. Ore. Consol. Sch. Mich. 1249 Lake Wales, Fla. D., Landis Township, 1071 Laredo, 1279 Las Vegas Grammar 1000 Leander Co. Com. S. Lima, 1196 Linton Tex. Dist. Super, Miss. No. N. Y. Sch. City, Ind. D., N. J Little Silver S. 111. Littleton Twp., Louisville, 1311 Miss. Lower Yoder Twp., Pa. 1312 Lubbock Ind. S. D., Tex. 111. 1250 Massachusetts (State of) Maywood, Neb. — Meadville, Pa. 1138 Modale, 45,000 100.28 1.70 r450,000 '.j——- 85,000 100.58 1.94 1942-1961 d3,500 100 3.75 1943-1964 55,000 1043 New 975 County, Kan. 1942-1945 . 1943-1954 1943-1958 Albany, Ind. Y. Richmond, Ohio New Castle, N. New Too" 53 T.70 0.95 6,500 100.12 12,000 100.27 1.71 32,000 100.36 1.96 1V4 T942-T954 60,000 1943-1961 dl85,000 1942-1957 rd!25,000 3 1942-1951 rlO.OOO 1943-1965 350,000 1V2 IV2 _1% _3 2.56 1946-1955 90,000 100.05 1.24 3'/2 1942-1964 r58,900 1943-1969 100.01 2.68 100 1.75 1943-1959 1942-1951 30,000 1954-1955 rlO,500 101.95 1.83 1946-1956 11,000 110.46 2.77 r50,000 100.05 70,000 100.04 3.44 13,000 100.09 0.97 1942-1961 40,000 101 1942-1953 35,000 102.39 1.10 1944-1954 16,000 100 4.00 3 years 20,000 1942-1953 r6,000 101.84 2.69 3V2 ___3 Lincoln, Neb. Wichita, Kan. 1310 Wilkes 1 ___lJ/a 23/4-3 lV2-2 —2% County, N. C. Winston-Salem, N. C. 1099 Yamhill, Ore. _____ x T94Y-T953 d240,000 2.38 1.88 • d895,000 r28,000 100 r50,000 100.04 0.99 1942-1951 249,201 100.04 0.99 36,500 r267,000 1951-1966 "r200,000 1942-1951 25,000 100.47 1.03 100 2.99 100.08 1.65 100 2.75 "l~942-1953 Zion S. D. No. 7, S. C. bond sales for November (237 sealed $80,000 1952 in _ ? 100.66 — 1.12 —-. 2.64 104,62 18,000 1944-1952 $141,000 1955-1957 9,000,000 1942-1944 7,500 101.06 1197 1942-1958 r35,000 100.62 2.41 1250 Shawnee County, 1943-1947 25,000 100.32 0.65 1041 Ukiah, 1942-1948 35,000 100.07 0.92 190,000 1943-1952 d2,400 r2,543,000 1,500,000 100.41 1.17 100 3.00 100 9,000 1942-"1956 1.93 2.50 75,000 100.35 0.95 r64,000 d33,000 These 100.35 96 0.95 3.95 1197 1071 To"O"O9 ~2~44 100.02 2.93 d4,975 100.20 1.96 40,000 100 6.00 Page No. 1312 Beloeil, 1.48 ,1099 Canada 100.06 105.09 1312 Fort 1312 Gloucester 1.45 1942-1951 10,000 101.80 1943-1957 19,000 101.68 ~2~.31 1942-1961 100,000 106.80 1.42 100.22 1.72 100 2.00 230,000 25,000 1952-1956 r50,000 1942-1950 rl04,000 1943-1952 3,000 sales for previous months 100 101.42 1.50 1.38 100 1.50 105.60 2.20 Williams, MUNICIPALITIES Maturity 1942-1958 ; ____4 Ont. Twp., Hamilton, Ont. 1312 Hull, Ont. _— Que. 1280 Nova Scotia (Province of) Rockliffe Park, Ont. 1312 Stellarton, N. S. 1312 Sydney, 1312 Woodbridge, Ont. Total Rate Ont. Twp., N. S. Amount Price Basis 1951 IN NOVEMBER Price $60,000 97.50 Basis 3.83 1, to in 1957 must the bonds. 3.20 102.05 2.80 10,000 *125,000 101.66 3.26 -3% 1942-1945 99.52 Too 3V4 3'/2 1954 137,000 2,110,000 15,400 89.95 3.35 102.51 1942-1959 53,000 102.25 3.75 4 1942-1949 3.50 1942-1956 20,000 7,200 101.68 3>/2 101.81 3.25 $2,520,492 1962. Dated of interest Va the be Jan. to of for same The bonds 1, be in l/10th or a 1%, all may of be to the bidder bid a the and or bidders of¬ bids or terms of deemed complying the notice of most favorable, subject to the provision that the Board reserves the right to re¬ ject all bids. any or amount less Bids offering than par cannot accepted. Purchasers will be required to pay accrued interest on the bonds to but not including the date of delivery; and in ad¬ dition to the purchase price, pur¬ will be required to pay chasers 4 long-term Canadian debentures sold in Novem- Due follows: $9,000 1956, and $10,000 on fering be 104.10 in as to principal and in¬ application to the City Comptroller. The bonds will be *45,000,000 1942-1956 ber $6,000 as $1,000. of and an 1942-1946 •Temporary loan; not included in total for month. to Rate multiple 0.540 3'/2 15 years and 1962. Denom. 0.541 __3J/2 1 1947, on 1962. Jan. 1942. *45,000,000 71,392 36,500 Due $7,000 in school bonds. Due on Jan. 1, as follows: $1,000 in 1943, and $2,000 in 1944 to sale Amount bonds. follows: as to 1943 with 8,500 CANADIAN 1, month registered 24,125 3«/2 1071 1071 BY v paving in sold Maturity (Dominion of) 3.38 100.01 SOLD (Dominion of) 2.12 100.29 100.62 1951 for October. (not in- for. that $12,500 Que. Crowland 70,000 3,200 6,000 our (May) Name Canada 100,000 50,000 in Rate , DEBENTURES 1312 1942-1961 • included Mich. 1071 3.10 1942-1951 1942-1951 are the total sales loans) (Oct.) U__— Skagit Co. S. D. 18, Wash (Oct.)_ Owosso, >d30,000 1954-1955 make PWA should be eliminated from sales. rd54,000 1943-1954 issues Page No. Name 1044 Baudette, Minn. 1943-1952 1942-1951 and Due $11,000 $12,000 1962. to on terest Following 1942-1956 1969-1972 RFC temporary or ' , 39,000 2.95 $65,336,602. d500,000 r50,000 rl,390,000 October issues will additional 1943-1969 ~1942~-1946 7/8-l Calif. / Due in 1943 to 1 186,000 work relief bonds. 2,375 . 100 1943-1961 0.75 — 100 . 100.30 27,000 1942-1952 1944-1964 0"66 100.34 r34,000 1942-1950 Kan. All of the above sales (unless otherwise noted) cluding 1943-1947 — ■ 36,000 1942-1951 Basis Price Amount 2% of) Paint Twp. R. S. D., Ohio 1948 1948 to (July) _3'/fe Polk Co. Ind. S. D. 7, Minn. (Sept.) .2 V2 1310 incl. 1943 . Jan. on 1962. additional sales which Maturity Rate on 125,000 paving bonds. Due Jan. 1, as follows: $11,000 in 1943 to 1947, and $12,000 in 1948 to previous months: Page No. Name 946 Edgar Co., 111. 1044 New Mexico (State a.m., Jan. 1, as follows: in. 1943 to 1947, and ——fc$74,328,663 also learned of the following We have 10:30 235,000 storm drain bonds. Jan. fc Not including $114,737,639 temporary loans or funds obtained by States and municipalities from agencies of the Federal Government, r Refunding bonds. occurred in until $800,000 public relief bonds. municipalities covering 273 separate issues).—___ bids 125,000 d Optional, City 18, for the purchase of $1,385,000 not exceeding 6% semiann. bonds, divided: Too""" dl2,000 bonds the Dec. T75 15,000 1309 York, Neb. the Secretary, Board of Estimate and Taxation, that he will receive 1.48 1960 1955-1969 of amount on T9T2T95I 1942-1951 the Additional Bond Offering—It is also stated by George M. Link, r4,000 3Va Watcom County, Wash. 1250 . of for, payable to Treasurer, is required. 35,000 rd93,0O0 1943-1949 opinion bid 11,300 -_2'/4 3 _— 100.05 Total 1944-1960 Fla. 6 Monroe Township, N. J. Wz Montgomery, Ala. (7 issues)__3y4-3y2 Moreau, N. Y. _____ ______—IVjs Morgan City, La. ____—______2-2y4 Morningside. Minn. —— 3>/2 Morrison, 111. —* —-—2V2 Mountain View S. D„ Mo. _2V2 Mount Pleasant S. D. No. 2, Del—ZYa. Multnomah Co. S. D. No. 27, Ore._l% Muncie Sch. City, Ind. 2 Nebraska City, Neb. _.—3'/a 250,000 1250 Wichita, Kan. 1071 3% Iowa rd48,000 1943-1966 974 2 Monroe County, 947 Nemaha 1.95 2.75 1942-1951 3V2 3V2 Midland, Tex, 2V*-2Vi Mississippi State Col., Miss.__23/4-3 2% 1966-1967 0.88 100 3~90 Wis. 1308 Miami Beach, Fla. 1.21 rd302,000 100.62 101.05 Merrillan, 5.00 100.24 1947-1955 —___lV4-2 1097 White County Bridge Comm., Ill—4 1000 White Deer Ind. S. D., Tex __1% 1250 Wichita, Kan. 1 rri393,000 2 2V2 1 1 2.08 100 r384,000 2.50 1943-1972 3V4 — 1251 1.19 100.11 1944-1967 100 2.18 2 1% 1 1% 2 ;; 2.13 100.08 84,000 4 ac¬ 100.02 1945-1949 Okla. be 95,000 1V4 2Va 4 4 2'/2-3 16, Ore._-l>/4 1942-1945 will the 50,000 4,500 1943-1963 bonds by ex¬ 1,030,000 1943-1951 1 The the on in issuing and bonds to the Thomson, 70,000 1943-1953 Wayne County, 111. West Beaver Twp., Pa. 100 of the City of Wood & Hoffman, of New York, that the obligations are valid and binding obligations of the City. A certified check for T9"42T96i ____3y4-3J/2 by the pur¬ successful bidder paid bond to apply companied West 100 0.75 ; Maywood, N. J. Mcintosh, Minn. 1280 Meadville, Pa. 997 '! be per ments. Washington Twp. Rur. S. D., Ohio.2 Waukesha, Wise. !_ 1V2 1312 required to pay the City $2 1.99 1311 100,000 IV* 1139 30,000 will be The 1.64 1138 1943-1947 > H. 1311 :; : 100.59 1.12 3.11 Maple Plain, Minn. 3 1042 Martin Co. and St. Lucie Inlet Dist. and Port Authority, Fla— 1250 1954-1951 to 100.10 1099 1042 service chasers. transporting the place of delivery and in meeting bank charges for maturity pay¬ 80,000 Wallace, N. C. national bank satis¬ a to the purchasers, any charge of the bank for delivery 101.31 Warsaw, N. Y. Wayne, neapolis at 31,500 1310 976 Bids offering an amount 26,000 2. provi¬ less than par cannot be accepted. 408,000 4 2>A-2^ the to 1.20 5 (2 issues) the 1952 Ind. most the City Council re¬ right to reject any or that serves 1942-1963 _______l3/4 deemed sions 1944-1957 3 2y2-3 and subject Too" 32 1942-1963 Walhalla, S. C. sale 1.19 1.20 2-4 Waldport, Ore. of 2 101.03 104.46 Manchester, N. Mackinac, 100~26 101.04 1044 1138 137,000 12,000 1138 1137 d 105,000 1943-1956 No. The bidder favorable, pense 43,000 1943-1966 ? the to offering a bid or bids complying with the terms of the 1.70 2,/4-2 sold T.66 r9,500 IV2 Comptroller. be 100.22 D. 2% D., Kan. Twp,, 4,000 1943-1952 — Mississippi, Miss S. 1943-1946 .__2% S. 1045 1311 d37,499 D. No. 28, 111 1198 1943-196^ 'a-; 1942-1951 Madison Co. S. 1196 225,000 3.00 1944-1955 1137 996 1967 100 3 4 3V4 1097 r4,000 of 5,000 City will bidders Too. 8 5 7,000 1^49-1^47? bonds factory v 8,000 996 1279 1099 — Logansport Sch. City, Ind. Lombard, 111. 1249 1.20 3.00 3, Rd, D„ Ohio. 946 1098 100.35 100 Sch. D. No. 12, D., Lemon Twp. Rur. S. 1309 1042 975 Tex. Dist., 1198 , Vincennes 1097 1.49 1943-1950 issues) Univ. T.62 6,300 D. (2 Victoria 100.07 r40,000 S. 1198 101.51 1961 Co. Miss. 1197 339,000 1943-1954 Umatilla Union, 1945-1958 IV* 3V2 1V4 Tullahoma, Tenn. Union Springs, Ala. r922,000 2%, 3'/4 -1% Nev. 1308 Lee 100 rd539,000 1942-1948 1-2 3'/2-4 N. J. 1139 1000 1957 Battle —_i 1.24 ___ 1249 1943-1954 60,000 D. T26 100.03 66,000 75,000 Parish, La. 1309 1943-1966 500,000 r34,000 __________ Creek, 1280 1.49 1943-1961 Lakeview, 1312 100.15 1942-1951 Lake City S. 1098 r38.000 —1 Wis. Crosse, 1197 Lakeview 996 1956-1960 Lafayette Parish, La. _______l%-2 1071 996 1.34 16,000 l1/* Ind.__ Knight Twp. S. Twp., Township, 111. 1071 1250 111.58 •'' _______ — Knox Lake Andes, S. 1139 65,000 Water _____————21/4; S. D. No. 49, Wash-—2'/2 Me. 1280 975 ■■ 1943-1949 Co. and 97.61 15,000 Ohio Trinity County, Tex Trinity County, Tex. 1311 10,000 r42,000 Indep. S. D., No. 32, S. Dak. ______________________3 1200 La 1043 r544,000 _—_____23/4 Colo. 10,500 1942-1946 1944-1963- Y. N. 3.00 94,000 Minn. Kennebunkport Tarrytown, 947 Terrebonne 976 Jefferson 1942-1962 __3V4 Twp., Mo. Trenton, N. J. Johnston, 4 11,000 XV* Sullivan, Mo. 1249 Sylacauga, Ala. 1043 Tangipahoa Parish, La. Huntington County, Ind. Huntington, N. Y. Huntington, W. Va. v'-'.-'.-'r Dist., Mount 1279 946 rd52,000 —______ 1.56 1196 1943-1962 1198 1308 1043 Tenn. 1071 ____1% IV2 Twp. Sch. Twp., Ind.---!1/* ' Tenn. N. J. the tov Delivery will be made in New York City, in Chicago, or in Min¬ 10, No. Stoughton and Dunkirk Jt. No. 3, Wise. 1044 Stuntz, Minn. 949 Suffern, N. Y. 2.61 Jones Stokes 947 100 1311 South Fulton, D. 1942-1961 D. 1071 103 Hondo S. D., 1.47 xk. ■ Sch. Springfield Rur. S. D., 1308 Spring Valley, 111. 1140 Steubenville, Ohio Hinckley Huron 100.29 Spartanburg S. D. No. 34, S. C.__l% Springfield, Neb. ; 3 1312 Jackson, Tenn. 105,000 1199 1197 1140 1942-1961 D. 1.38 rd247,000 1140 1200 2.14 100.10 1942-1955 976 1199 100.10 Sparta, 30,000 1311 1098 Too" 198,700 S. be registered as to both prin¬ cipal and interest on application all bids. d2,500 d23,500 ; He¬ 3 ioo 1951 1311 101 Tex. 4.00 1944 1311 8,000 D., .* 1942-1961 1279 South River, 1954 S. Cen. for all the bonds. The bonds same notice 2'/2 l>/2 Tetonia, Idaho Toledo, Ohio 3, La. S. D., 100.10 1.71 1942-1956 Ind. 100 17,500 1.75 3 High Point, N. C. (6 issues) —2*/a -4 Henry S. D. No. rl,200 1942-1950 1.80 100 1043 1942-1944 2'/2 2.85 -2-2V* Y. 1308 ____ 4 100 2,500 Minn. 100 102.39 1942-1946 Henderson. f9,000 To"o~25 3 1044 Guilford N. 947 Sidney, Iowa Southfield Twp. 1045 —1.60s Y. and 1, 1945-1961 • Sidney, Franklin, Masonville, UnaNo. 4 Ohio D., 103.69 rd662,000 D. 1139 dilla 1965-1968 25,000 Cos. S. Cent. S. Neb. Calif. Mich. 19,875 No. 1, Iowa——AV* Granville, Com. Seal 1308 100.60 38,000 3V4-3V2 Ann Co. 29, Tex Beach, 2.34 D. Schereville, a multiple of l/\ ,and must be the 1/10th of 1% or 3'/4 r89,000 1942-1956 1943-1956 ;_____4 ___. Fort N. 1953 / S. D., Pa. Argyle, Hartford, 1942-1953 IV2 N. C. Pottawattamie and Dr. Dist. 1, 1.28 S. Scottsbluff, 975 County, 111. Harrison No. 2.00 101.36 Com. 1198 1279 County, N. C. 1197 ron 100 Co. Tex. Augustine 2.48 ' Agricultural 1196 r91,000 Ind. S. D„ Iowa 29, 1199 r49,000 ____ 1280 Jt. 1.69 IV* Ky. Ala. 100.01 850,000 Project Ind. Scipio-Republic S. -__3>/a-3% Minn. Greenville, Hardin 100.23 100 rl50,000 12,800 1.40 __ Neb. 995 947 "1961 1942-1953 100.05 ■ ___13A 2 __1% 111. 1279 Guilford 1043 25,000 __2 9,000 70,000 and Pow. Dist., Ariz Augustine 1000 San 85,000 1278 1250 13,000 Flora, 111. 1071 949 1942-1948 2 »/2-3 — River No. 0.99 27,000 ... . Minn. 1041 Fresno County, Calif, 1042 Gary, Ind. (2 issues) 1042 Salt San $255,000 in 1943 to 1947, and $256,000 in 1948 to 1952. Rate of may 1942-1958 _____2y,-3>/4 Imp. 105,000 Dak S. Co., 1196 1.72 14,100 (2 issues) Salem Sch. Dist., Ill 1000 1.54 1942-1944 Petersburg Housing Authority, Minn. 101.46 11,000 l3/4 Louis St. 100.41 6,000 v __2V2 St. 1097 rl,107,000 _____ Idaho Falls, Louis Park, Minn. 996 1.90 100.10 ? 2.14 T0O.O8 2.19 No. IV2 1197 Fifth Louisiana Lev. Dist., La..iy4-iy2 1198 Firth, Neb. 3 996 13,300 75,000 Dec. $2,555,000 or 104.58 T94T-Y947 1.28 Park, 54,000 2% 99.66 4,00 C. City Clerk until 9:30 18, for the purchase of interest to be in d30,000 1943-1954 D,, Ohio__ Neb. D., 100.38 100 rl2,500 1944- 1954 Rur. S. 100 125,000 1944- 1950 V. Fla. 1,170,000 f St. 46,000 r2,494,000 1947-1961 3 S. 50,000 - 1942-1961 145,000 Pa. Ross Twp. 29,000 __l3/4 River 111. ; C No.l, 111. 111. Island, 1098 ___,_1.70 County, Rock 1310 1942- 1971 In... Dist., Calif.3»/2 v Sew. ___ 111. 2.11 1942- 1961 East Contra Costa Island, 1.91 1942- 1951 Swanson, Charles lows: 3 Rock 1250 1.25 by 1.53 101.15 0.97 100 bids Seal — received 3.25 100.89 Too" 08 5,000 Offering be 3.00 80,000 1942- 1946 1947 will on _1% (2 issues) 996 1251 2.99 100 900,000 1942- 1954 250,000 rd2,700,000 104.36 rl75,000 2% 1942-1959 1943-1968 100 1946- 1955 19,500 rd320,000 3'/2 .__3 7,000 Roscoe, 893,000 100.05 Minneapolis, Minn.. Bond 3»/4 996 dl5,000 2.92 Too Ramsey, 111. Red Bud, 111. 1140 1942- 1961 100.98 "100"" 32,000 not exceeding 5% semi-ann, refunding'bonds. Dated Jan. 1, 1942. Due Jan. 1, as fol¬ 1.34 1942- 1951 d20,000 Co., Detroit. MINNESOTA 1.83 1.18 1943- 1961 T9~4~6~-1961 4.23 109.33 TOO.41 l'/i 30,000 ___2 T.43 100.13 1943-1954 1948- 1967 1.90 25,000 1942-1971 Too" 38 3 36,000 ___2l/4 .—— 1942-1971 4 ; __3 Tex. Tex. 101.58 1946- 1956 48,000 Richardson Park S. D. No. 20, Del.2 996 Rock Island, 111. 27,000 ; 1943- 1951 22,000 21,386 1943-1961 Pulaski County, Ark. 1250 101.93 1942-1951 1.62 1041 3,100 1942-1950 Detroit Trust 4.00 1.45 1942-1946 l'/2 4V4 (Continued from page 1420) upon presentation at the deemed 100 100.01 946 500,000 101.55 85,000 1249 1942-1961 20,000 200,000 1943-1963 1.46 2 0.99 T. 25 300,000 1000 Princeton, 1.99 100 1943-1962 1.74 2.10 100 1942-1966 3.50 100.05 100.45 Too~6I 8,000 __4 100 100.81 Too 100 17,500 , .___ Md. Dist., r29,000 100.02 State and City 1.20 i— r28,000 Port of Camas-Washougal, Wash._iy4 Prince George's Co. Metropolitan 947 4,000 20 years _____3 Dak. Lavaca, 150,000 80,500 Iowa 1279 N. 1945-1958 rd40,453 - 1137 Portland, 976 rd3,000,000 issues) Mich. Huron, 3y2 r218,000 1943-1964 Dist., (3 974 1942-1955 : Port Port Donley Co. S. D., Tex. (2 issues)_4 Douglas Co., Wis 2'/2 975 Douglas Co. S. D. No. 19, Ore.___l'/2 1280 Duquesne, Pa. —1 1042 1197 Port of Astoria, Ore. 976 Y. 2.59 1000 1312 N. 1.08 100.14 1943-1962 _______ Detroit, Mich. 100.05 100.89 l>/2 ___3 issues)- 16 Danville, Iowa Deal, N. J. 675,000 207,000 0.73 ■ 1953-1956 — 945 1250 1311 Cranberry Twp. S. D., Pa. ______1V4 Cudahy, Wise. _________1'/2 Cuyahoga Co., Ohio 2 Cuyahoga Palls, Ohio 2>/4 1279 1279 r400,000 f Basis 100.32 5,000 r35,000 rd340,000 Cortez S. ~2~38 ToTSI Price 30,588 3V*-3Vs —__3'/4 : ______„ rd382,000 66,436 975 H. 1.24 Amount : — Y. 1962- 1969 946 Un. T00~03 1, Mont.__2»/4 Pa. N. Ozark, Mo. 1312 Palestine, Tex. 1280 Pawtucket, R. I. Rd. Ohio D., Olean, 1952- 1961 2 D. No. Ohio County, Ky. 1280 __33/4 111. Dist., 130.9 1043 1.83 Phillipsburg, N. J. Phoenix, Ariz. Pikeville, Ky. 1137 Pine Log Cons. S. D., Ga. 1309 Pittsgrove Twp. S. D., N. J ____3Va 1140 T9TVT949 T.68 101.78 10,000 1950- 1959 _____l3/4 l'/t-lVi C. —___1 Too". 5 4 1309 56,000 411,000 dl, 500,000 ___ County, S. C. 10,700 25,000 6,000 3>/2 Tex. _____________ 1942-1945 Ohio 1943- 1951 Tex. N. 1965 ___2.60 Dists., Miss. J 1280 " • Cameron 1140 7-60,750 r50,000 1943- 1950 _____4 947 . 2% 3V4 - Norwood, 1280 1.15 ' Pa. 1310 1.60 100.57 " Co., W. Va. Cambridge, Mass. 1942-1947 100.79 rl 75,000 '1421 Maturity Rate Name North College Hill, Ohio ___1V4 Northfield, Minn. _________.2% rfi»U,000 __ 976 1071 * Page No. nice Amount __ 1942-1956 Ohio_ D., S. - —- 1311 947 D., Tex Tenn. Rural Breda, Iowa 1309 S. Cons. 1197 1308 iy4 D., Pa. Co., 1140 Maturity __L______1% 1140 999 V. Rate Name Ohio Berea, THE COMMERCIAL & FINANCIAL CHROMICLE Nu^ee A01? Volume 154 • ■ f t the city $2.00 per bond to on the expense of the city suing and transporting the to place of delivery and in ing bank charges for apply in is¬ bonds meet¬ maturity * 1422 THR :;.V . payments. Delivery will be made in New York City, in Chicago, or in Minneapolis at a national bank satisfactory to the pur¬ chaser, any charge made by the bank for delivery service to be COMMERCIAL & FINANCIAL CHRONICLE , j*..,,. bonds ing of its debt was undertaken in peal~aiiegofi the city had failed 1938, the city has reduced its out¬ to collect on tne property liens of $133,252, a $22,683 decrease. standing debt by more than $1,- made when the bonds were is¬ ' : Anaconda has an increase of 000.000, largely through sources sued. $20,170 in its net indebtedness, other than taxation. The city was NEW YORK bringing it to $71,959 with $41,- assisted in the preparation and completion of its latest refund¬ 062 in bonded debt. Buffalo, NsyM^-S^ Bozeman, largest of the second ing plan by Schlater, Gardner & p Certificate Sale—The $2,900,000, class cities, has $81,441 in bonded Co., Inc., New York. certificates of indebtedness * of-! debt, with a surplus of $17,011, a fered-Dec. 5—v. 154, p. 1279— Burlington County (P. O. Mount were awarded to F. S., Moseley & gain in surplus of $9,956 during V Holly), N. /.Hv Missouli has outstanding $174,000 and a net debt totaling ' paid by the purchasers. The ob¬ ligations will be accompanied by the opinion of Thomson, Wood & Hoffman of New York. Morningside (P. O. 42 IS Branson St., Minneapolis), Minn. Certificate sealed Offering oral and Both — will bids be - 1940-41 the fiscal year. Sale—The Bond .Kalispell has a $69,767 bonded debt with a total net debt of re¬ $260,000 Co., New York, at 0.54% interest, cou¬ registered bonds offered plus^, a premium of $100: : Dated Dec. 15, 1941, and due June 15, Dec. 5—v. 154, p. 1279—were Re-offered to yield 0.40%. awarded to the Riverside Trust 1942. pon or $55,535, a decrease of $16,113. Miles City increased its total Co., Riverside, as Is, at a price by D. A. Nelson, Village Clerk, for net indebtedness $50,640 during of 100.377, a basis of about 0.93%. the purchase of $10,000 certifi¬ the year, bringing the total net Sale consisted of: J/pp ceived until Dec. 15, at 7:30 p.m., 1942. Due 3%, payable $1,000.' Dated Jan. 1, for $1,000 incl. Livingston has and shows bonds no . $107,804 sur¬ a on A Proctor, Certificates certified Minn. : ' . H. Sands, Sold—B. Village Recorder, states that $251,000 municipal electric plant certificates revenue sold of / outstanding indebtedness to $51,868. Jan. 1, 1944 plus, a drop of $894 from last check year's surplus. $500 is required with bid. Lewistown has a bonded debt 1953 to Interest indebtedness. cates/of rate is not to fexceed J-J. Denom. crease in¬ / Maywood, Neb. Bond Sale Details—The Village ann. Trustees of State Institutions of Higher X , 7/V///'--Learning • /V* r * • '> Bond Call—It is-stated by J. A. Dated Jan. 1, to 112, $54,000. : * 1939. > Denom. $500. Due from Jan. 1, 1943 to 1969. Payment of said bonds, together With interest accrued to redemp¬ tion date and the requisite pre¬ ; < refunding bonds sold to the E. ' Schweser Co. of Robert Omaha, as noted here—v. 154, p. 1098^-were purchased at par, bear interest at 4% to Nov. 1, Ellard, Secretary, Board of Trus- 1942, and 3%% - thereafter, are dated Nov. 1, 1941, and mature tees,that the following 4% Higher Learning Faculty Dwell¬ on Nov. 1, as follows: $1,000 in 1942 to 1946; $2,000, 1947 to 1951: ing Revenue bonds are called for $3,000 in 1952 to 1955, and $7,000 payment on Jan. 1, 1942: University of Mississippi, Nos. 8 in 1956. to 100, $93,000. Dated July 1, North Platte, Neb. 1938.:: Denom. $1,000. Due Bonds Sold—An issue of $199,from Jan. 1, 1943 to "1959, : 000 2y4% semi-ann. refunding Mississippi State College, Nos. 5 bonds is said to have been pur¬ * • mium, will be paid on presenta¬ tion of said bonds the Chem- at ical Bank & Trust Co., New York City, on. redemption date with ,• maturing on that date subsequent coupons attached. / Interest ceases on date coupons . and " were follows: as all ' '• Boiid • - - Sale. Details—In tion with the sale of the . thorized issue to funding bonds totaling $1,500,000 to pay off oper¬ ating expenses for the fiscal year ending Oct. 31, 1941, so that the county could begin its operations Nov. X on a cash basis. The initial block of $665,000 bonds was last June (v. 152/ p. 4161) ' connec¬ $229,000 (not $29,000), dormitory revenue refunding bonds to. the Leland Speed Co. of Jackson, at a net in¬ at par, as follows: $39,000 matur¬ ing Feb. 1, $7,000 in 1942 and 1943, $8,000 in 1944 and 1945, $9,000 in 1946, as 3^s, $162,000 ma¬ turing Feb. 1, $9,000 in 1947 and 1948, $10,000 in 1949 and 1950, ,$11,000 in 1951 and 1952, $12,000 in 1953 to 1955, $13,000 in 1956 to 1959, $14,000 in 1960, as 3s, and $28,000 maturing $14,000 Feb. 1, 1961 and 1962, as 2%s. Dated July 1, 1941. Callable after five years at a premium of y4 of 1%, not to exceed 105. MONTANA sold by County Treasurer Avery G. kHali to meet expenses for the fiscal which had been incurred up year to that date. The balance of $835,009 bonds now scheduled for ..... , July . Sachs & Co. and Kidder, ,fi & Co.....-.........:.......: 100.259 & Co.100.17 H. L. Allen & Co., J. S. Rippel <fc ^ rfCo. and W. B. Hutton drCo:..100.08 Goldman, Peabody Jan. M. mont Interstate - Freeman M. Stuart Sc tfalsey, Co., Inc............ 1942) of, New York-Ver^Bridge first mort- gage' refunding: 3 V4 % bonds; ht :a 100.0)9. price of amount. Township School/ Dis¬ (P. O. Lyndhurst),• N/ Ji. /; Exchanged—Thomi^s J. Lyndnurst trict 1, drawn The by lot follows: as Bonds 103 principal of their bonds and called are were numbered 11, 209, 314, 365, 424, ' , , Board Education of Lands and Funds is said to have accepted a proposal erly borne interest ing from 5 to 7%. fates Bondholders which , is Win Reversal ^ -ijnr the indebtedness of cates past two rights V of in finance both way for and State roads. Salina issued to years county (P. O. Liverpool), N. Y. /Offering Of ? Sewer District Bonds—George Traister/ Town Supervisor, will receive, sealed bids until 2 p!m., on Dec/17, for the purchase of; $120,000/not to exceed interest 5% coupon -or 1943 from 1 Feb. to 1972 incl; Bidder to name a single rate; of interest, expressed in a multiple -V 1%. vPrin. and int; ; • of y4 or 1/10 of (F-A) payabl#at Liverpool Bank/ Liverpool, with - New York ' «x-kchange. / The ' bonds are general f obligations of the town, payable in the first instance from assess¬ ments levied: • on, benefited prop-.«i appeared in the Denver "Post" of Nov. 26: Village Treasurer, will • for check certified * A town. $1,000, payable to order of the on. Dec. 9 for the purchase of town, is required; Legal opinion'$206,900 notes and certificates of of Melvin & Melvin, of Syracuse, indebtedness, dated Dec. 10, 1941, will be furnished the successful " ■ r bidder without cost/ / r'Spring Valley, N. Y. Bond Offering that Mayor receive for ' * It is reported Frank J. Schwartz will' sealed the — bids until Dec; purchase 17 fire ' truck bonds. NORTH $6,659 of CAROLINA High Point, N. C. " (State of) City Debt Records Compiled— Butte, as well as some other Mon¬ tana cities, reduced its city debts during the last fiscal year, ac¬ cording to the Associated Press. The news service gives figures .compiled by Fred Bennion, Sec¬ retary of the Montana Taxpayers' Association. Butte, with a population of 37,listed bonds outstanding 081 in the 1940 census, was and $976,521 total net debt of a decrease of $71,980 ; Helena debt from $222,968 Bennion The a 1940. total net on June 30, June 30, 1941, bonded indebtedness said. net its on 1940, to $168,166 was $819,142, over reduced reduced : from . $207,832 to $192,881 for the same period. Great Falls, population 29,928, has $1,091,748 in bonds outstand¬ ing and a total net debt of $920,. 4 087, a decrease of $96,928. Billings, third largest showed an city, increase of its net by $10,151 to $355,691 with outstand¬ ing bonds totaling $566,600. of a city refunding operation for the was announced recently by damages from the time the cover city permitted a breach of con¬ ~ " George A. Smock, 2nd, City tract. The appeal was brought in the Councilman, following delivery of $10,230,000 of the city's 3%% name of a bondholders' commit¬ bonds to a nation-wide banking tee composed of Gray B. Gray, - syndicate headed by B. J. Van In- Chairman, and Norman F. Godbe, & Co., Inc., New York. The Jerry C. Vasconcells and Harry It group was awarded the issue on L. Luckenbach, all of Denver. asserted that shrinkage of the Oct. 29—V. 154, p. 852. gen bonds' value amounted to Mr. Smock, who $40,238, has been in charge of the city's financial af¬ and asked for a judgment order¬ fairs, said that the credit of the ing the District Court to consider city had been greatly improved the action. "The city is liable for damages through the refunding and that in addition substantial savings to caused by the shrinkage in the of taxpayers would result. Estimated value savings together in the 1942 budget will the with assessed costs property," of the pro¬ amount to ceedings, Judge Murrah's opinion $329,500. the city stated. was $291,500 and in 1943 to The net interest cost to on the refunding issue 3.71%, which is said to have the been lowest rate received in major municipal refunding in New Jersey this year. any It ./•/ / - suggested that the dam¬ are recoverable from the the breach of obligations was ages time apparent, perhaps the bonds were defaulted. became when city has operated with a during each of the past five years and has also re¬ The ruling was the second the Appellate Court has made in con¬ nection with the bonds, which duced its tax rate in each of these were The cash surplus years. Since a previous refund¬ 1927. issued . ? registered Mattydale Sewer Dis¬ trict bonds. Datecl Feb. 1/ 1942. Denom. $1,000. Due $4,000 on receive sealed bids until 1:30 p.m. $432,466, but $36,000 of Holders of Santa Fe, N." M., this amount is held by individuals. due Dec/ 10/1942, and' divided as defaulted paving bonds won a re¬ The individuals holding bonds versal in the U. S. Tenth Circuit follows: : ^ / will be paid first, at a rate of $5,Court of Appeals here Wednesday $100,000 tax / notes, issued in an¬ 000 a year starting Jan. 1, 1942, which will permit recovery-* of ticipation of • collection of and will receive 1% interest. The taxes levied damages that might run in excess ,for the fiscal State will receive 2% interest on Of $40,000. ' years beginning April 1, 1936 < all except $70,000 worth of bonds. to April 1/ 1940. 1 The opinion written by Circuit / 50,000 tax notes issued in an¬ Judge Alfred P. Murrah reversed NEW JERSEY ticipation of the collection of the Federal District Court of New taxes levied for the fiscal Asbury Park, N* J. Mexico, which held that no cause It declared the year.beginning April 1,1941, Delivery Of Bonds Completes of action existed. 32,000 street assessment certifiRefunding Operation—Completion bondholders are entitled to re¬ bonds every two years/ Mr/ Hall said, and the proceeds will he ap¬ plied to the redemption of certifi¬ ary assessments, then from / taxes Port Chester, N. Y. which may be levied without Offering Of Notes And Certifi¬ limit as to rate or amount upon cates; Of-Indebtedness — HafryJ all the taxable property in the Wunsch, Case—We -quote" ih follows from a news story as nancing of this nature is custom¬ , Fe, N. Mex. ~ Faving Bond rang-, part Total issue of South Sioux City MEXICO NEW Santa . and tentative; tax rate of $3.74: ap¬ erty; in the sewer district in the proximately '12 points,-if. was said/ town, but if not paid from such- Rutherford;- by 1942 and 1943, in 1 $10,000 from 1944 to 1956 incl. Fi¬ - Montana with • . Hickey, District /Clerk,; reports 529,'1711/: 760, 110/ 235/ 315/ 374,. that $426,000 refunding bonds 441/ ,599/ 731/ 880/ 158, 299, 325,' 393, .469,: 618, 745, 882, 160, 302, were exchanged at par with hold¬ ers of the original / securities, 328, 405, 509, 666, 755, 892, 191, through Campbell & Co. of New¬ 3D9, 345, 410, 524,;669, 768, 899. > i Due July 1, 1966. Payable at ark. The new obligation's are as the /Guaranty follows: Trust; Co., New $300,000 4V2% bonds, due jSept. 1: York / City, r with coppons /due chased by the National Co. of $23,000 in/ 1942 and/-1943; July 1, 1942 '.and subsequently at¬ Omaha. Dated Nov, 15, 1941. : : i $23,500, 1944; $17,000, 1945; tached. Denom. $1,000. Due Nov. 15, aS $13,500, 1946; $13,000, .1947 to ; New Rochelle, N. Y. follows: $25,000 in 1946 and 1947, 1950 incl.; $10,000, 1951; $25,-, Proposed Refunding—^Possibil¬ $40,000 in 1948 to 1950, and $29,000, from 1952 to 1956 incl. 000 in 1951, bonds maturing Nov. ity of refunding $200,000 of bonds, and $13,000 in 15, 1946, are callable Nov. 5, 1945, 6,000 5% % bonds/ due: $2,000 maturing next year has been in¬ and the balance are all callable vestigated by City Manager Paul on Sept. 1 from 1942: to 1044 A. Bankson and reported to City Nov.; 15/1946. Prin. and inL pay¬ incl. */\: Council/ Although declaring .that able at the County Treasurer's 120,000 6% bonds, ',-.due^jSep^JI it had been neither recommended office. Legality approved ■ by $6,000 from 1942 to 1944 incl/; or -suggested by him, Mr. Bank-, Wells, Martin & Lane of Omaha. $12,000 in 1945, and $15,000 son said the State Comptroller from 1946 to 1951 incl. /// I South Sioux City, Neb. would approve such a program.; Prin. and int. (M-S), payable at Refunding Contract—The State the Rutherford National -Bank; .Refunding would reduce the 1942 on Nov. 25 submitted the Wachob-Bender Corp. of to refund $396,466 of. terest cost of about 2.97%, as Omaha, school bonds at an average rate :i noted here on June 21, it is now 'reported that the bonds were sold of 2.02%. These bonds had form¬ ■ - larly known as the Hastings Cash Budget Law, the county was au¬ National Bank of New York, Marine Trust ;Co., Buffalo, award will retire obligations in¬ and Chemical Bank & Trust Co., curred from July through Oct, 31, $140,000 bridge bonds. Due oh the end of the fiscal year. Mr. Dec. 1 from 1942 to 1951 iricl. 0.55%, plus'$25 premium; Na¬ tional City Bank of New York Hall declared that the proposed 120,000 road bonds. Due oh and the Manufacturers & Traders, financing will not constitute a reDec. 1 from 1942 to 1951 incl. All of the bonds bear date of Dec. Trust Co., Buffalo, 9.58%, plus funding.of /all obligations; and pointed out that the oldest certifi¬ 1, 1941. Among other bids were $59; vHalsey, Stuart & Co., Inc., Ladenburg, Thalmann & Co., Blair cate of indebtedness to be retired the following: * & Co., Inc., and the Swiss Amer¬ from the proceeds is dated July For 1.10% Bonds Bidder— Rate Bid icanCqtp.y 0.64%, plu$ $115// / v 21, 1941. The $835,000 issue will Buckley Bros, and John B. Carroll-W*.', .i, mature as follows: $40,000 Jan. 1, & Co. 100.298 '/.Lake Champlain Bridge Commit// 1943; $45,000, 1944; $50,000 in 1945, Graham, Parsons & Co., C. C. Collings r & Co. and H. T. Greenwood & Co.;* 100.185 .• /'i'*:,-" *»v sion# N. Y.. 1946 and 1947,'and $60,000 from" Harris Trust & Savings Bank and f-; i^ t ■„ / Bond A. Calif—Marion L. Thomas/ 1948 to 1957 incl. The $144,000 Webster Dougherty & Co... 100.157 E. H. Rollins & Sons, Inc., Dolphin V < Treasurer of the Cqmrhission, an& Co. and Charles Clark & Co highway bonds will mature $7,000 y 100.082 rrounces. the call for payment on F#r 1.20% Bonds on Chase ' called. ^ operating.: Under Chapter the Laws of 1941, popu¬ of 917 - MISSISSIPPI Mississippi, Board of l bids . Clerk states that the $34,000 semiAAr Other now,; - NEBRASKA Co. Minneapolis. net of $4,806. been have Allison-Williams the to totaling $239,799 and a total indebtedness of $268,761, an , Tu««jSy( December 9, 1941 _ . in 1922, The bondholders' 1923 first / / cates. of to refund indebtedness issued Bond Call—E. M. Knox, City similar obligations Manager, states that certain re¬ ', maturing Dec. 10, 1941. • funding bonds aggregating $544,19,000 sewer assessment certifi¬ 000, dated May 1, 1938, maturing cates of indebtedness issued in 1948 to 1961, are called for to refund a portion of similar payment on Jan. 1, Feb. 1 and obligations maturing Dec, 10, April 1, 1942, at the Irving Trust ; 1941; • ' . : ' Co., New York City. Bonds reg¬ 500 defense, council note issued istered as to principal must be to finance expenses of the accompanied by proper instru¬ village defense council for ments of transfer duly executed • " All bonds must be ac¬ f/dm April 1, in blank. companied by all coupons for in¬ /' terest accruing after the redemp¬ / The written opinion of Reed, tion dates of the bonds. Coupons Hoyt, Washburn & Clay in New York City will be furnished the for interest due on redemption date of the appurtenant bonds successful bidder. : the fiscal .! . year 1941 to Mar. 31, 1942. / / may be attached to the bonds for (P.; 0. Troy), payment, or, if detached from the V-v-N. ///;/•'// • bonds by holders, may be pre¬ Tentative Sale Date Dec. 17 sented for payment in the usual _. Rensselaer County ' — has date been for tentatively the receipt set of as bids the on Interest course. ceases on dates of redemption. ; $835,000 funding bonds and $144,Iredell County (P. O. Statesoille), 000 highway bonds. The issues ; n. c. were approved by the Board of Bonds Approved—We under¬ Supervisors on Nov. 27. the fund¬ ing issue, it was said, will be is¬ stand that at a recent election , school construction and sued pursuant to the new budget; $250,000 ^ ap- law under which the county is bonds were approved. Volume 154 ?• V-Wallace, w N. C. Call—it is Bond .'.'fi < stated W. by needs .. several for- made rising to-sescape /were sold were 2V2S,; at as price of a 102.10, a- basis of abbut 2.31%. in- ad¬ years • mainte¬ Rose, Town Clerk, that the Philadelphia, Pa. nance costs and defense priorities, following .refunding 7 bonds, $re 77 Bonds Exchanged—Drexel» & operating expenses of .the four cdlled; 'f0r ^payment on vjjan. 1; Co, M Philadelphia and Lehman bridges were, down .$9,899 for? the 1942, at par and accrued interest, Bros.- of New York, joint man¬ Central the at Trust Bank Hanover & New York City, with Co., appurtenant interest coupons ma- 1; 1942, and subse¬ 7'' 7:7; le.turing July quent thereto: water works and sewer: age bonds. ' ; . 6,000 general:: v Dated Jan. 1, 1937. Due Jan, '"$64,000 • and 7 maintenance vancer N. : ; • . 1 1, 1959 ^ >i(i Wilmington, N. C. stated by Bonds Approved—It is J. that Clerk, City Benson, R. at recent election bonds aggre¬ a 1423 THE COMMERCIAL & FINANCIAL CHRONICLE Number 4017 gating. $735,000 and divided: $35,000 sanitary sewer, $75,000 storm •[/• V period. Operating7 revenue during i? nine 7 months and ; increased 7 $36,137 .profit jumped gross of the $131,064,000 bond ex¬ change Vgroup,7 announced that agers the $46,036. during the period Nov. 1 to Nov. incl. 29 000 should be in the Court when all the present city's coffers receipts for 1941 have been counted and, in preparing the 1942 budget, City Council can¬ not only count on this amount, but on an additional $5,000,000 from 1942 receipts which was not avail¬ able to it when it prepared the 1941 budget. 7K4':7'7'7 The steps taken since 1939 which have solved Philadelphia's financial problems have been: $2,208,200 7 additional exchanged, making a $79,135,000 ex¬ 1. Other sources of revenue have This figure in¬ been found to supplement real scheduled special - election dhe cludes all of Series A, B, J, L, estate taxes. As indicated, real ' voters will be asked to approve M' and N.' estate taxes in 1941 will only rep¬ City's Finances Discussed—The resent an additional IV2 mill levyfor 52% of the city's revenue. operating expenses and a $28,00C following is an abstract of the re¬ More than $18,000,000 will come marks delivered by Richard H. from the 1 incinerator bond issue. v % wage and net prof¬ Lansburgh, Director of the Phila¬ its tax which was first instituted OKLAHOMA delphia. Committee, Pennsylvania in 1,940. :7;7 7[7-,;-; -.7.. y:;7 > 777 Economy League, speaking before 2. A policy of real economy has i .7Dawson, Okla.' fhb .Municipal Forum of New York been followed. These substantial the report showed. 7 bonds were new 7 total of y/Jv". 7:7:. Struthers, Ohio 7: ■Fr6pose4;:^7Blectipnr^;Atf 7'':a changed to date. . . of Pennsylvania. the 1942 the that budget will contain sub¬ stantial amounts time it priated for this rent is At .• expected to ' be appro¬ from cur¬ purpose revenues. 2. Large salary increases for city employees are in the offing. It is expected that the 1942 budget include approximately $3,- will 000.000 for this purpose. Due to availability of funds, there is no question but that this amount can be financed during 1942. the 3. A cloud which ing to has threaten¬ seems is some which opposition the in certain tax. This political com¬ ment in Philadelphia's election this month and will undoubtedly quarters tax to developed the wage matter of was a continue to be a matter of future However, it is effected in not to be expected that this op¬ $100,000 incinerator, and understand that an ordinance was j^Tpday's story; of Philadelphia's Philadelphia throughout the pe¬ position will result adversely to a $525,000 water system bonds, were passed recently by the Board oi finance is that of a safe emergence riod of financial difficulty and balanced budget in Philadelphia, approved by the voters.: At the Trustees cancelling [ the $15,000 from ' a financial storm which since, and are best reflected by as even those who oppose this tax same time $25,000 park and play¬ sanitary sewer system bonds that threatened to wreck the city's the fact that the city's annual ex¬ demand a balanced budget but say ground bonds were not approved, were approved at an election on municipal economy. Today finds penditures, other than debt ser¬ that it should be achieved by July 8,: as the Federal? Govern/ the city's fiscal affairs in a safe vice, in 1931 were $61,500,000 and further' reductions in operating NORTH DAKOTA ment is financing the' improve¬ harbor surrounded by balanced in 1941 will be $49,700,000. expenses or by the imposition of Lahota Special School District No. ment. • ■" budgets and sound fiscal practices, ' vBoncf7issuance CanceUed^iWc 7 on Nov. 28: economies sewer, •' i' have political comment. been . * ^ (P. O. Lakota), N. Dak. Paid—The District Clerk 66 v * $57,000 refunding semi-ann.i bonds sold jointly t Kalmari & Coi of St. Paul, and the Co. of Minne¬ Wells-Dickey apolis. as noted here on Oct. 4 purchased as 3s at par. Du< were 1961. in 1943 to [[' ; of Board Education Douglas County School District \No.\19<(P.- 0. Myrtle Creek), v'- \Ore. _, ' ,, v Bond Sale; DetailsT—It is now stated > thgt.ithe $13;300 Tcoupon 7/, . th-;. reports: thai of waters a - of tr.e recent finan¬ causes cial storm are well known. They included: '7 1. Too large a dependence upon estate taxes as a source of real revenue. semi-ann. building bonds awarded to Atkinson-Jones & Co. of Port¬ two-thirds I V2S," as noted here— only 975—were purchased a1 154, p. price of400.27, a basis oLabout 1.45%. Due on Dec. 15 in 1944 v. # Bonds Sold—The Clerk of The 7 land;:; as (P. O. Sharon), N. Dak. calm ' came Norman. School District No. 4 - the on substantial, surplus. that: the States f afloat OREGON Price estate. a In the past, more than of the city's revenue from 52% •; real estate. comes Today through . ,w real 3. The floating debt was largely in 1939 by the sale of That these v problems are not $4,200,000 annual rentals from the currently serious is best demon¬ city owned gas works to provide strated by the fact that the last $41,000,000 for this purpose. The issue of city bonds floated in June last of the floating debt was en¬ 1938, when its finances were still tirely cleaned up in the current chaotic, was sold at a net interest budgets of ,1940 and 1941 arid, as cost to the city of 3.10%, whereas indicated, a current surplus will the most recent issue floated in exist at the end of this year. 4. Refunding of a large percent¬ age ness indebted semi-ann. 3% have bonds been a. . incl. 1950 to ^ 1941, RHODE This has taken two forms: The provision of a refunding ' - Temporary the was Town make an d e e r a 1 Building, Cleveland. evidenced be should in writing; duly verified, and filed with the court on or before the hearing 'date. At .any time hot less than 10 days prior the to afefcted creditors hearing, the by any plan [may file an answer to the petition, .^controverting any of the material "allegations therein and setting up objections to the refunding program. 'any proposed / I. R. f Total A. C. Borrowings $125,000—Town Knowles Treasurer ordered Council meeting to matters. Knowles by vote of Nov. on 24 at the appearance . F net at a ISLAND Jamestown, L: purchasec [Claims and interests of creditors sold was 2. Real estate valuation in Phil¬ adelphia decreased from $3,472,plan covering the exchange of 000,000 in 1931 to $2,528,000,000 in $131,000,000 of bonds callable from ,1939. (Today it is $2,496,000,000.) 1942 at par by the State. PENNSYLVANIA Dated Oct through 1947 at interest rates This, together with the lowering 1, 1941. Due on Oct. 1 as fol¬ representing substantial reduc¬ Bradford, Pa. - • * of the tax rate, resulted in a de¬ lows: $1,000 in 1942 to I960 and tions after the former call dates; To Invest $50,000 In Defense creased levy from a top of $64,.,$2,000 in 1961.; •* ' To November 20, $78,600,000 of Bonds-7-The City Cbuncil recently 723,779 in 1929 to $42,983,713 in these bonds had been exchanged. OHIO • passed on first reading an ordi¬ 1939. It is estimated that a total amount 3. An accompanying decrease in nance "authorizing and directing of $90,000,000 of these bonds will 7 Beechwood School District, Ohio • the City Treasurer to purchase a personal property valuation which probably be exchanged by Jan¬ ,7 Files Petition For Debt Coni- total of $50,000 in United States affected * not: only the city's re¬ Such an exchange position — A petition has been Defense Bonds for the benefit oi ceipts but its borrowing capacity. uary 31, 1942. would represent an estimated sav¬ filed in the United States District the' several sinking funds of the This valuation reached $1,359,000,ing to the city of almost $25,000,Court for the Northern District of city." Terms of the ordinance 000 in 1930 and fell to $893,000,000 000 over the life of the bonds. Ohio, Eastern Division, by the known as 'Bill >No. (It is $733,000,000 at 12, distribute in 1939. b. Refunding of $8,804,000 bonds village school district asking for the bonds as follows:present.) 1 $25,000 for a composition of its bonded in¬ the This "4. The cumulative effect of a callable October 26, 1941. general sinking fund, $15,000 debtedness under the provisions was the first issue of bonds ever for the 1929 improvemt fund huge increase of bonded debt dur¬ callable in ; of the Municipal Bankruptcy Act. $4,000 for the 1929 refunding ing the 1920's. Philadelphia. The in¬ Outstanding net terest rates on these bonds were Hearing on the petition will be fund, $3,000 for the 1931 refund¬ funded debt rose from approxi¬ held on Feb. 2, at 10 a.m. in the reduced from 5 Va% to an average ing fund and $3,000 for the 1932 mately $140,000,000 in 1920 to a $21,000 October interest cost to the city of 1.65%. of Philadelphia's outstanding bonds. . other taxes. eliminated to next financial discuss did not ap¬ meeting hoped to discuss the town's finan¬ cial tangle. At the last meeting it had voted to borrow $50,000 to meet running expenses and prin¬ cipal and interest payments on pear at when the night's last had' members , similar loans SOUTH this earlier made which now total precedented $125,000. year, an un¬ DAKOTA Hyde County Common School Dis• of 1.65% by this operation and the trict No. 16 (P. O. Holabird), t refunding fund. Councilman Johr high point of $445,000,000 at the city will save as a result $345,000 end of 1932i 77 7 7i> i%£f&S&Daki'. ;7 '7*-7>»-7 a 7 B.. Callahan,, director of Accpunts in interest in the 1942 budget. : Bond Sale-r-The 5. The greatest cause of Phila¬ and Finance; $0,000 ; 3 % that the $50,000 appropriated for delphia's. former of¬ 5. There has come about a com¬ semi-ann.; refunding 7bonds financial di¬ the bond purchase, can be used lemma was the failure of the plete change in the attitude of fered for sale on Nov., 25—v. 154, for the sinking funds only anc municipal officials to face the is¬ municipal officials with reference p. 1199—were purchased at par the State cannot- be'/ utilized in any other sue. • This was partly caused by to city finances. Department ,oi Instead of en¬ by Dated Jan. 1, way. ;Tbe interest: accrued on the/exigencies of the depression deavoring ■ to hide deficits and School and Lands. 1942. Due the due date of the bonds,* he ex¬ but,whatever the cause, it was cover them up by trick bookkeep¬ $400 from Jan. 1, 1943 to 1962; redeemable on any in¬ plained, will be diverted into the not until 4939 that a willingness ing, the problems have been faced. 77:7 7. general fund instead of the sink¬ was shown to recognize the facts It is understood that a balanced terest payment date. and to take the ing fund. Since interest on the necessary steps to budget is the most important asset Mcintosh, S. Dak. correct the situation. which the money at .the present time is only city of Philadelphia can Bond Sale—The $7,000 semiA series of steps begun in 1939 have and it will be maintained at ann. negligible,s Councilman ; Callahan refunding bonds offered on That this is true is a stated, purchase of the bonds will has solved most of Philadelphia's all costs. Dec. 1—v. 154, p. 1199—were sold put the funds "to work to earn financial problems and its citizens continuing tribute to the late as 3s, at a price of 100.214, a basis can face the future with calm as¬ money for the city." Mayor Robert E. Lamberton, of about 2.95%. Due $1,000 from * , . .. . Chauncey, Ohio ■ $19,600 sewer construction and land site pur¬ Bond Sale—The chase bonds offered Dec. 2—v. 154, awarded 1140—were p. & .Bowman at of price a about 2.99%. of as 3s, serially 100.203 on for 3V2S was made by Pohl & Co. of Cincinnati. Ohio State : • 1 Bridge Commission (P.' Columbus), Ohio Net Profits Higher—The Bridge Commission Corry, Pa. reports 7 -that net .1 Issue — City is : considering the issu¬ $10,000 bonds to provide the purchase of new equip¬ of ance for for ment various partments/ " ' .; O. whose four-square financial poli surance. • Proposed v7 Bond basis of Council Dated Nov. 1/ 1941 a Nov. 1, from to 1966 incl. Second high bid and due ■1943 100.17, . Bliss to of Toledo, Co. . Dale , municipal 7; :. ; de¬ (P. O. Johnstown), Pa. Proposed Bond Issue—The $30,000 v not various to 7 exceed .municipal 3% interest Time does not permit, or is it! cies in this direction have set the necessary, to give in detail all of city on a straight road from which the evidences of the gathering there will be no deviation. Jan. any 1, 1943 to 1949; callable interest payment date. Watertown, , Bond Sale—The at S. Dak. $20,000 3% semi-ann. airport improvement Philadelphia's financial probbonds offered for sale on Dec. 3— 1938 and the beginning of 1939. lems have been solved by the steps v. 154, p. 1199—were purchased Suffice to say that, although the which have been taken. There at par by the city. Dated Dec. 1, certain city, through the operation of the are problems currently 1941. Due on Dec. 1 in 1943 to sinking fund, had reduced the net facing the city which must be 1951funded debt outstanding from adequately handled. These in¬ financial storm Philadelphia improvement .$445,000,000 which during to broke the end $395,000,000 It is not to be assumed that all on of of by clude: TENNESSEE Jan. 1, 1939, nevertheless the legal Nov/ .f 1. The necessity for the con¬ four State-owned Lenoir City, Tenn. debt outstanding was $34,000,000 struction of an adequate sewerage bridges during the first three general election will be dated Bond Call—It is stated by S. H. Dec. 15,1941,.' and mature $2,00C above the legal-debt limit and disposal system. This problem quarters" of:'1941 were $213,157 Smith, City Treasurer, that the there was approximately $50,000,has been complicated by the diffi¬ greater than during the compar¬ annually on Dec. 15 from 1947 tc following refunding bonds are 000 of -floating debt and budget culties of 1961 incl. Interest J-D. able period last year. financing and is now The 1941 called for payment on Jan. 1, shortage which could no longer be greatly complicated by the priori¬ net. was $521,358. -7 ■'; 777av.- 7; 7'j Dallas Township School District 1942, at the City Recorder's handled" by. juggling the annual ties situation. This necessary im¬ "Most of this gain is due to a office: (P. O. Dallas), Pa. 777 77 77. ' 7. municipal budget. decrease of provement was estimated to cost Series $172,221 in nonBond ; Issue A, Nos. 1 to 20. Approved — The Through the steps which have $42,000,000, but this was prior to .operaling expenses due to the Series G, Nos. 121 to 160. 7 ; Pennsylvania Department of In¬ since been taken, the outstanding the recent rise in material and refunding of bonds in - 1940 on ternal Affairs Series M, Nos. 350 to 499. approved on Nov. funded debt has been decreased to labor costs. In view of the fact the Sandusky Bay Bridge, East Dated Jan. 1, 1936. 24 an issue of7 $31,500 construc¬ Due Jan. $358,000,000. The net legal debt that the city has had no borrow¬ Liverpool-Chester Bridge, and tion and 1, 1956. Series T, numbered from refinancing bonds. by Jan. 1, 1942, will be only $1,- ing capacity, attempts have been the Fort Steuben Bridge and a 626 upward. Dated July 1, 1936. reduction of interest charges 'on i Greenwood Township School Dis- 900,000 above the debt limit, de¬ made to find a legal method of Due July 1, 1956. Interest ceases trict (P. O. R. D. 3, Benton),. sewer rentals which spite the iact that this latter has charging bonds," the Commission report on Jan. profits on bonds authorized at the . . » .. 1, 1942. by $20,000,000 would make possible the legal is¬ Martin, Tennl Unquestionably, the suance of revenue bonds for this Bonds Offered to Public—The city will have a substantial bor¬ purpose. pomeroy-Mason* span across the Two proposed methods Farmers National Bank of rowing capacity by 1943. A cur¬ of. leveling sewer rentals have Hermitage Securities Co. of Nash.Ohio River.. -j the p,. 1280— rent surplus of more than $1,500,- been turned down by the Supreme Although provisions for repair Bloomsburg—v. -154, said. '7: , The 7/ 7" "'A •Z1 fourth State bridge is-the V'J' 7: .Ai Pa. v;-:/777 '"7^7 Sale Details—The $25,000 school bonds awarded Nov. 25 to Bond been since decreased 1939. . . . V ■■ Vy" ."y i' /-v. $524,000 3%% semirefunding bonds. Denom. ann. >$1,000. Dated 1, as 1943 and 1944, 1946, $9,000 in Jan. 1, 1942. Due follows: $7,000 in Jan. $8,000 in 1945 and 1947 to 1949, $10,- De Witt County (P. O. Cuero), Bond Details—It Sale Dated Nov,-1, 1941. is and sold to Van in 1953 Bonds Howard H. Co. Bond Call It is stated by L. Sheckles, City Manager, that following refunding bonds W. 1950 in 1971 All 1971. callable are numerical crued order interest payment date 1960. Prin. in their inverse in a.t and par on ac¬ interest any after J an. 1, on or and due bonds int. payable at Nash¬ ville. Legality to be approved by Chapman & Cutler of Chicago. Third National Bank, Direct and general obligations of the city, secured by and payable from — unlimited ad valo¬ against all taxable property in the city. These bonds authorized are refund to like a Interest ceased On Brumback and the Aug. 1, 1941. City Commissioners are reported to have entered into an agreement UTAH with a .syndicate of bond dealers for the refunding of $453,000 out¬ Kaysville, Utah standing bonds. The present Bond Sale Details—It is now bonded indebtedness is put at reported that the $30,000 city mu¬ $464,000, and it is said that this nicipal building (not airport) refunding plan will effect a sav¬ bonds sold to the State Land ing of $160,000 id interest to tax¬ Board, as noted here on May 10, Mayor R. F. . , payers. were direct, taxes rem Austin. in purchased ma¬ Hidalgo County Road District No. ture in 1944 to 1954. 1 (P. O. Edinburg), Texas It is also reported that the Bond Refunding Contract—J. C. above Board has purchased $5,000 Looney, County Judge, states that 2 x/% % street lighting bonds. Due a syndicate composed of C. F. in 1944 to 1954. principal amount of the city's outstanding callable bonds. In is¬ suing these bonds the city has Childs & Co., John Nuveen & Co., VIRGINIA by ordinance pledged that it will both of Chicago, the State Invest¬ devote to the payment of prin¬ ment Co. of Fort Worth, et al., has Newport News, Va. been awarded a contract to handle cipal and interest the net revenue Notes Sold—A. M. Hamilton. from the city's waterworks sys¬ a $3,530,000 issue of refunding City Clerk, states that $300,000 The bonds. tem. over Milan, Tenn. Legality Approved—We Bond understand that an issue of $54,- bonds period of 28 a bear interest from 3 to at 500 3%% refunding bonds was approved as to legality by Charles (State Harris Trust & Blyth The — Savings Bank, and Co., both of Chicago, jointly, are offering the following & consolidated reimbursement bonds aggregating $659,500: $24,000 V-k % refunding bonds. Due Dec. on 1, 1950. 24,000 2%% refunding bonds. Due Dec. 1, on rates ranging 3.96%. 1951. 119,000 3% refunding bonds. on Dec. 1, 1952. 192,000 3V4% refunding bonds. on Dec. 1, 1953. 300,500 3V2% refunding bonds. i; on Dec. 1. $10,000 in 1953, Due works chased recently by notes were : pur¬ a local bank Due in two years. at Wz%, Virginia (State of) . Increased Revenues From Rail¬ tion Sale with (P. O. roads—Gross Details—In the sale of connec¬ $350,000 school bonds to of revenues rail¬ roads operating in Virginia are running from 7 to 44% ahead of last year, a factor that will Rauscher, Pierce mean a considerable increase in & Co., of Dallas, and associates— Virginia tax revenues in 1942. v. 154, p. 1312—A. C. Jackson, The State taxes the gross re¬ Business Manager of the Board of Education, states that the City ceipts at the rate of 1.5%, and this brought in $2,130,000 for last National Bank & Trust Co., Kan¬ year from the railway operations sas City, E. J. Roe & Co. of San in Virginia. As the railway re¬ Antonio and The Small-Milburn go up, the State may Co. of Tulsa, were associated with ceipts the above named in the purchase reasonably look for a correspond¬ of the bonds as follows: Maturing ing increase from this source of Jan. Due water average an Lubbock), Texas of) Bonds Offered to Public mature and will Lubbock Ind. Sch. Dist. Bond Tennessee will years 41/2%, with interest rate of & Trauernicht of St. Louis. 15, $108,000 bonds, $8,000 in 1943, $11,000 in 1944 to 1946, $13,- revenues. Figures obtained from the office C. Masten, tax assessor for the State Corporation Commis¬ sion, showed that for the first nine months of this year the Richmond, Fredericksburg & Po¬ tomac Railway's gross operating revenues were up 44%—from $7,089,120 to $10,176,653—and other of J. Legality Abernathy, Texas Bonds the Approved—It Mayor election sewer that $45,000 system proved by stated a recent 4J/2% bonds the is at sanitary were voters. general stated Clerk Warrants San Sold—It Marguerite by of the Chapman by Mexia, Bond Call—It is stated by J. R. Truett, City Secretary, that the following refunding bonds 3% to 5% called are for payment on Pape, 492,000 city, series 2, Nos. Seattle Bonds of School District Sold—The Schools building (P. O. bonds , 1 at a have price of $6,000 been pur¬ 100.466. Cuero, Texas Bond Sale Nixon is now Dunbar & Co. of Austin, at par, as noted here in April, were purchased as follows: $4,000 as 2s, due0 on April 15 in 1943 and 1944, $10,000 as 2V2S, due on April 15 in 1945 to 1949, and $25,000 to 2%s, due as 1959. Optional on Dated on April 15, and after April approved. Sold—-The purchased at a W. Va. the be May 1, semi-ann, Pancoast & ; . of San An¬ /■;' on Jan. 1, Report Rockwall, Texas Sold—The -j'.c First Na¬ tional Bank of Rockwall is said to have purchased water par. incl. : revenue Due on $5,000 semi-ann. warrants I; 4s, at Oct. 1 in 1942 to 1946 ^yVy Bond as ■■ • v;y Winters, Texas Issuance electric system Contemplated— revenue State and Local Debt on bonds. C. W. McNear & Co. of 1940, the public debt rest of the State, excluding the retirement of county bonds by State funds, ac¬ burden of the tually has shown increase an ance. debt State decreased $138,493,840 1940. attributed to bonded $46,000 000 1931 between of Part 500,000 local and * to and decrease this is reduction of $19,- a country bonds issued highway construc¬ in which appeared in our issue of Debt valid Canada, Accounting for this remaining decrease $26,900,000. "If the $30,500,city in¬ 000 decline in Milwaukee debtedness it is taken into account property taxpayers, out¬ means Milwaukee, face a higher $3,500,000 than existed in 1931," the organization total local debt by pointed out. The city of Milwaukee, which maintains plan, 900 000 in from $15,- $46,400,000 Cities exclusive of Mil¬ 1931. their reduced waukee debt debt to its 1940 in amortization debt a decreased long-term from $46,400,000 in 1931 tc $40,300,000 in 1940, most of the reductions being effected in 1932 Counties reduced their 1933. $68,800,000 from $76,900,1931 to 1940, the entire reduction reflecting State pay¬ 000 from ments to counties of county bonds for retirement issued for high¬ construction. way Both and towns in¬ creased their debts slightly in the last villages 10 Village'debt years. The $1,600,000. School dis¬ in 1940 was $5,300,000 $8 700,000 in 1931, a de¬ of $3,400,000. long-term debt trends of classifications of Wiscon¬ local and 1931 governments 1940 to are shown below: 1940 1931 Stat?.& local.'... 8J38.493,840 $184,930,63* Counties Cities districts funds of the Provincial decision County, excl. debt to be ret. by State funds.,; 1.183,700 68,757,513 56,205,111 1,263,700 76,946,550 92,820,717 4,429,816 2,583,889 4,223,412 1,014.259 5,333,811 15,890,00 0 40,315,111 8,667,998 46,3 80,000 46,440,717 16,279,466 35,759,277 > 52,478,047 Act adj. State was payable Dated is not J-D., Dec. 1, to that the of and provided that no ers" in Alberta without the writ¬ ten consent of It is the board. reportedly believed that decision invalidating Adjustment Act would the Court's the Debt necessitate a special session of the Legislature to deal with the situa¬ tion. The Legislature is expected to convene the latter part of Jan-: The Alberta Cabinet is ex¬ pected to discuss the situation im¬ uary. mediately decide to whether a; moratorium will be declared. Under provisions of the Debt Proceedings Suspension A c t, which came into force Mar. 31, the government has power to de¬ clare a moratorium relating to debts contracted 1036. Debts incurred since prior to July 1, July 1, would 1936, such not be affected government order. a by ONTARIO Toronto, Ont. , , Bonds Of Annexed Unit Called For Redemption—G. A. Lascelles, City Treasurer, that announces the call for payment of all of the outstanding $762,100 bonds, dated May 1, 1909, due Jan. 2, 1943, is¬ sued by the former Town of To¬ ronto Junction, later the City of West Toronto, and annexed by the City of Toronto. The bonds to¬ gether with all past due coupons thereon will redeemed be at a price of $101.17 for $100 of face value, upon presentation office of the the at Bank of Montreal. 41,187,273 exceed Denom. 1941. invasion Parliament's ment Board * Due 5%, $1,000. $1,000 Valley Common School District No. 5 (P.O. $106,324,374 $102,797,359 rate contended an proceedings could be taken to en¬ force payments of debts by "resi¬ dent debtors" or "resident farm¬ •Excluding Milwaukee city and excluding county debt to be retired with State funds. terest reference jurisdiction over bankruptcy and insolvency. The Act set up a Debt Adjust¬ and local in by the Federal Gov¬ which ernment Tonk •Total of Legislature. The made was to the court Toronto ......... Court Adjustment Act of amended in subsequent years, was unconstitutional and beyond the powers of enactment debt State Supreme was creased sin re¬ Dec. 2, ruled that the on only about $200,000 higher, while the bonded debt in towns in¬ The to as Federal receipts. asked Alberta Debt tion and retired out of State gas was been Adjustment Act Held In¬ the tax has — for State trunk reduction the in¬ $6,192,000 3% the loan. new 1937, Total 1 Government ernment of $3,500,000 in the same period, ac¬ cording to a study issued recently by the Wisconsin Taxpayers Alli¬ Dec. held by the Do¬ as security unemployment relief loans to the province. The gov¬ against of debt ex¬ rate. coupon on issue of minion city its the of maturity an Treasury bills the reduced Chicago, it is now stated that the were purchased as follows: WYOMING $185,000 as 3V4s, due on Dec. 1, $28,000 in 1960, $29,000, 1961, $30,- Carbon County School District No. 000, 1962, $31,000, 1963, $33,000, 18 (P. O. Encampment), Wyo. 1964, and $34,000 in 1965; the re¬ Bond Offering — Sealed bids maining $191,000 as 3s, due on will be received until 2 p.m., on Dec. 1, $35,000, 1966, $37,000, 1967, Dec. 23, by Vera Oldman, Dis¬ $38,000, 1968, $40,000, 1969, and trict Clerk, for the purchase of $41,000 in 1970. Dated Dec. 1, 1941. $15,000 coupon school bonds. In¬ Nov. 25.) one-half volved $30,500,000 has now $22,000,000. As in previous instances, interest on the Dec. 1 maturity will be paid Milwaukee —While bonds (This notice corrects the report 1936 have than more Another (State of) from 1931 to State connec¬ ceeded at Wisconsin city Cities, excl. Milwaukee County to be ret, with tion with the sale of the $376,000 water works revenue refunding to aggre¬ and Milwaukee Ashland, Wis. Details—In bonds on a $700,000 principal maturity payable York, Toronto, Montreal Edmonton. Bond principal New defaults since Villages WISCONSIN bonds Warrants approved $300,000 and divided as '' V'.' ;' 1 1 k $200,000 public building, $52,000 school improvement, $48,000 street improvement bonds. ceases 1942. Sale the were defaulted on Dec. 1 recently York. Bond stated is election (Province of) follows: State Rob¬ 4 Another Default—The Province gating City Bank of New been ac¬ ALBERTA in at the National have ^4'y. construction bonds purchased by Dewar, Nov. Alberta bond Total the Board of Education states thai tonio. 1942. Denom. $1,000. Due Bonds Approved — We under¬ that the Common Council bonds dated Jan." 1, 1940, are be¬ ing called for payment on Jan. 1, $10,000 the cer¬ $248,000 coupon Interest rate to stand from of incl. $25,000 sewer system bonds approved by the voters. West Allis, Wis. control Interest Approved—It the at $118,000 in 1947 and $130,000 in 1948. Interest payable M-N. various 3*/2% 1956 to bid at the time of sale. Dated City Clerk, states that all of the outstanding Western Section flood revenue future near highway bonds. crease Sterrett O. Neale, — 1942 int. by L. G. Kolsen, City Treasurer, that states that he will offer for sale in trict VIRGINIA Huntington, Two Bond Offering Contemplated— Albert W. Tetzlaff, County Clerk, against Bond Call in payable at County Treasurer's office. A Bonds County (P, O. Rivers), Wis. , , Towns Secretary 15, 1948. Prin. and int. (A-O) The city is said to be planning to payable at the office of the City issue. $175,000 31//2% semi-ann. v School April 15 in Treasurer. 154 (P. O. Nixon), Texas Bonds reported that the $39,000 munici¬ pal power system bonds sold to K. was Independent School District ertson Details—It Co 24—v. to WEST bonds enue Superintend¬ states that chased by the State Board of Edu¬ cation National Nov. on bonds revenue Marine 1312—were p. 492. Commissioners Centerville),yTexas 1950 of sewer the to City Clerk $105,000 coupon the the Chase National price of 100.02 for the bonds, di¬ vided as 2V4s and 2%^. Due $5,Bank, New York City: $208,000 water works, series 1, 000 from Dec. 1 1943 to 1963; Nos. 1 to 208. optional after seven years. of Centerville 1941. semi-ann. sold that Pancoast R. by debt to Paid—The that states Dated Mar. 1, 1935. Due Mar. 1, Dewar, Robertson & 1975. Interest ceases on date San Antonio, have called. purchased the following bonds and warrants aggregating $276,Nederland, Texas 115.60, divided: $120,000 road and Bonds Approved — We under¬ bridge bonds, series 2 of 1941, and stand that at a recent election an $156,115.60 county warrants. issue of $60,000 water system rev¬ Court, ent ; stated Manitowoc and Kirkland, Wash. Price Texas in¬ Jan. 1,1942, at County (P. O. Antonio), Texas and ap¬ Divided: Bexar Bonds approved & Cutler of Chicago. $25,000 revenue, $20,000 obligation bonds. is is Sold—It 1 and Smith, Town Secretary, that tified check for $150 must Gus Bleach of De Pere, has pur¬ company the bid. chased $15,000 sewer bonds, re¬ Rawlins, Wyo. cently authorized by the town. side 000 in 1947 to 1949, $14,000 in Due 1950 to 1951, as IV2S; maturing and Jan. 15, $91,000 bonds, $14,000 in $290,500 in 1954. 1952, $15,000 in 1953 to 1955, $16,These bonds are issued under 000 in 1956 and 1957, as l3/4s; Chapter 165, Public Acts of the maturing Jan. 15, $151,000 bonds State, 1937, and are direct gen¬ $16,000 in 1958, $18,000 in 1959 eral obligations of the State. and 1960, $19,000 in 1961 to 1963, They are additionally secured and $21,000 in 1964 and 1965, as roads had had substantial and serviced from specifically 2s. Dated Dec. 15, 1941. Prin. creases, though not so great. pledged revenues. and int. (J-J) payable at the WASHINGTON Mercantile National Bank, Dallas. TEXAS by Prin. , 2%s and as Dec. on to 000 the (P. O. De Pere),' J. H. to 1952, $11,000 in of San Antonio; as noted here on the 1955, $12,000 in 1956 and July 5, are dated May 15, 1941, were called for payment on Aug. 1957, $13,000 in 1958 and 1959, and mature on May 15 in 1947 1: City of 1937, $385,000. Dated Prin. and int. (M-N) Feb. 1, 1937. Due in 1938 to 1977. $14,000 in 1960 and 1961, $15,000 to 1960. in 1962 and 1963, $16,000 in 1964 payable at the County Treasurer's $48,000 school house. Dated Feb. 1, 1937. Due in 1938 to 1962. and Said 1965, $17,000 in 1966 and office. bonds should be sent 1967, $18,000 in 1968, $19,000 in immediately Ennis, Texas to the American National 1969,-$20,000 in 1970, and $173,Bank, Bond Refunding Contract — 000 Ashwaubenon Wis. Yoakum, Texas bridge refunding bonds the Nov. on now reported that the $63,973.71 3 xk % road Due Tuesday, December 9, 1941 1 in 1945 to 1961. T exas i./;"-,;V:. -.-v=-.'■"•'.•.■yy".- yv*;. ; THE COMMERCIAL & FINANCIAL CHRONICLE vestment on <•.-.•.'yVy ::"r vyyv;;'' -::y; v.- 1424 , Bonds Graham), „ Texas Sold—The State Board of Education is said to have pur¬ chased building $6,000 33/4% bonds at a semi-ann. price of 100.58. Travis County Bonds tional have Sold—The Bank of Capital Austin is Na¬ said to purchased $33,000 road and bridge at (P. O. Austin), Texas V.... . par. refunding bonds as 2.20s,